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
PM
501
Phraction Management
Connecticut
$10.3M
AWM
502
Apollon Wealth Management
South Carolina
$10.3M
ERSOT
503
Employees Retirement System of Texas
Texas
$10.3M
PAI
504
Pittenger & Anderson Inc
Nebraska
$10.3M
GIBU
505
Gulf International Bank (UK)
United Kingdom
$10.2M
AP
506
Americana Partners
Texas
$10.2M
CG
507
Corundum Group
Colorado
$10.1M
MSRPS
508
Maryland State Retirement & Pension System
Maryland
$9.98M
FNBT
509
FineMark National Bank & Trust
Florida
$9.93M
PAS
510
Park Avenue Securities
New York
$9.92M
AIP
511
Ameritas Investment Partners
Nebraska
$9.91M
DIA
512
Davidson Investment Advisors
Montana
$9.82M
M
513
Mirova
France
$9.8M
SWIG
514
Strategic Wealth Investment Group
Kentucky
$9.77M
BDLIB
515
Banque de Luxembourg Investments (BLI)
Luxembourg
$9.73M
KPWS
516
Kestra Private Wealth Services
Texas
$9.64M
OC
517
Oppenheimer & Co
New York
$9.55M
EF
518
Empowered Funds
Pennsylvania
$9.53M
SBFM
519
S-Bank Fund Management
Finland
$9.38M
B
520
Bailard
California
$9.27M
CB
521
Commerce Bank
Missouri
$9.21M
FNBOO
522
First National Bank of Omaha
Nebraska
$9.19M
Northwestern Mutual Wealth Management
523
Northwestern Mutual Wealth Management
Wisconsin
$9.15M
EAM
524
Eventide Asset Management
Massachusetts
$9.08M
NMERB
525
New Mexico Educational Retirement Board
New Mexico
$9.05M