2,081 hedge funds and large institutions have $163B invested in Linde in 2025 Q4 according to their latest regulatory filings, with 245 funds opening new positions, 706 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 → $163B (-$14.7B)

11% less funds holding in top 10

Funds holding in top 10: 5549 (-6)

19% less repeat investments, than reductions

Existing positions increased: 706 | Existing positions reduced: 869

Holders
2,081
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
TIAA Trust, National Association
426
TIAA Trust, National Association
North Carolina
$15.8M
CM
427
Cercano Management
Washington
$15.7M
ANBT
428
American National Bank & Trust
Texas
$15.4M
AC
429
Allstate Corporation
Illinois
$15.3M
KB
430
Kimelman & Baird
New York
$15.1M
SW
431
SteelPeak Wealth
California
$15M
PCA
432
Pallas Capital Advisors
Massachusetts
$15M
HFM
433
Harvest Fund Management
China
$14.9M
WB
434
WesBanco Bank
West Virginia
$14.8M
PAM
435
Panagora Asset Management
Massachusetts
$14.8M
NAMM
436
NorthStar Asset Management (Massachusetts)
Massachusetts
$14.6M
SGK
437
Steigerwald Gordon & Koch
Virginia
$14.5M
RGC
438
Regents Gate Capital
United Kingdom
$14.5M
OAM
439
Oppenheimer Asset Management
New York
$14.4M
FNT
440
First National Trust
Pennsylvania
$14.3M
IC
441
IEQ Capital
California
$14.3M
EMPI
442
Elo Mutual Pension Insurance
Finland
$14.3M
TRCT
443
Tower Research Capital (TRC)
New York
$14.3M
TWC
444
TD Waterhouse Canada
Ontario, Canada
$14.2M
CF
445
Canoe Financial
Alberta, Canada
$14M
MSU
446
Mizuho Securities USA
New York
$14M
NCM
447
Noesis Capital Mangement
Florida
$13.9M
BSL
448
Blue Sparrow LLC
Delaware
$13.8M
CWM
449
Calamos Wealth Management
Illinois
$13.7M
CNB
450
Camden National Bank
Maine
$13.5M