2,096 hedge funds and large institutions have $164B invested in Linde in 2025 Q4 according to their latest regulatory filings, with 253 funds opening new positions, 712 increasing their positions, 869 reducing their positions, and 209 closing their positions.

New
Increased
Maintained
Reduced
Closed

more first-time investments, than exits

New positions opened: | Existing positions closed:

more ownership

Funds ownership:

more call options, than puts

Call options by funds: $ | Put options by funds: $

less funds holding

Funds holding:

8% less capital invested

Capital invested by funds: $178B → $164B (-$14.2B)

11% less funds holding in top 10

Funds holding in top 10: 5549 (-6)

18% less repeat investments, than reductions

Existing positions increased: 712 | Existing positions reduced: 869

Holders
2,096
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
49
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$922M
Puts
$893M
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AAM
351
Aureus Asset Management
Massachusetts
$23.3M
Federated Hermes
352
Federated Hermes
Pennsylvania
$23M
ANRF
353
Adams Natural Resources Fund
Maryland
$22.9M
GAM
354
Gotham Asset Management
New York
$22.9M
OPERF
355
Oregon Public Employees Retirement Fund
Oregon
$22.8M
CCS
356
Concentric Capital Strategies
Connecticut
$22.7M
HTC
357
Haverford Trust Company
Pennsylvania
$22.7M
AF
358
Avanza Fonder
Sweden
$22.6M
CFG
359
Citizens Financial Group
Rhode Island
$22.6M
SSWM
360
Smith Salley Wealth Management
North Carolina
$22.5M
NOCM
361
Night Owl Capital Management
Connecticut
$22M
CI
362
Capital International
California
$22M
VIM
363
Vinva Investment Management
Australia
$21.8M
BIM
364
Bridges Investment Management
Nebraska
$21.6M
FSA
365
Franklin Street Advisors
North Carolina
$21.4M
Allspring Global Investments
366
Allspring Global Investments
North Carolina
$21.4M
MOACM
367
Mutual of America Capital Management
New York
$21.4M
PFPG
368
Pinnacle Financial Partners (Georgia)
Georgia
$21.3M
Mercer Global Advisors
369
Mercer Global Advisors
Colorado
$21.2M
GAM
370
Generali Asset Management
Italy
$21.1M
SAM
371
Silvercrest Asset Management
New York
$21.1M
TG
372
TCW Group
California
$21.1M
AWM
373
AE Wealth Management
Kansas
$20.9M
AA
374
Ancora Advisors
Ohio
$20.9M
Wealthfront Advisers
375
Wealthfront Advisers
California
$20.5M