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1,024 hedge funds and large institutions have $71.8B invested in Linde in 2020 Q1 according to their latest regulatory filings, with 97 funds opening new positions, 346 increasing their positions, 434 reducing their positions, and 137 closing their positions.

New
Increased
Maintained
Reduced
Closed

94% more call options, than puts

Call options by funds: $468M | Put options by funds: $242M

1.26% more ownership

Funds ownership: 76.64%77.89% (+1.3%)

5% less funds holding

Funds holding: 1,0761,024 (-52)

5% less funds holding in top 10

Funds holding in top 10: 3937 (-2)

18% less capital invested

Capital invested by funds: $87.6B → $71.8B (-$15.8B)

20% less repeat investments, than reductions

Existing positions increased: 346 | Existing positions reduced: 434

29% less first-time investments, than exits

New positions opened: 97 | Existing positions closed: 137

Holders
1,024
Holders Change
-52
Holders Change %
-4.83%
% of All Funds
22.57%
Holding in Top 10
37
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-5.13%
% of All Funds
0.82%
New
97
Increased
346
Reduced
434
Closed
137
Calls
$468M
Puts
$242M
Net Calls
+$226M
Net Calls Change
+$161M
Name Holding Trade Value Shares
Change
Change in
Stake
Loomis, Sayles & Company
76
Loomis, Sayles & Company
Massachusetts
$149M +$21.7M +109,951 +15%
Fiera Capital (Canada)
77
Fiera Capital (Canada)
Quebec, Canada
$147M +$12.9M +65,145 +8%
BNP Paribas Financial Markets
78
BNP Paribas Financial Markets
France
$140M +$87.6M +443,988 +121%
Manulife (Manufacturers Life Insurance)
79
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$131M -$33M -167,097 -18%
State Board of Administration of Florida Retirement System
80
State Board of Administration of Florida Retirement System
Florida
$129M +$1.25M +6,329 +0.9%
Bank of Montreal
81
Bank of Montreal
Ontario, Canada
$129M -$9.13M -46,289 -6%
Citadel Advisors
82
Citadel Advisors
Florida
$128M +$5.51M +27,925 +4%
New York State Teachers Retirement System (NYSTRS)
83
New York State Teachers Retirement System (NYSTRS)
New York
$122M -$1.78M -9,000 -1%
CIM
84
Confluence Investment Management
Missouri
$121M -$2.83M -14,355 -2%
Prudential Financial
85
Prudential Financial
New Jersey
$119M +$33.3M +168,644 +32%
BOI
86
Bank of Italy
Italy
$119M
Toronto Dominion Bank
87
Toronto Dominion Bank
Ontario, Canada
$113M -$27.7M -140,314 -18%
Schroder Investment Management Group
88
Schroder Investment Management Group
United Kingdom
$110M +$64.9M +329,080 +95%
Adage Capital Partners
89
Adage Capital Partners
Massachusetts
$107M -$15.3M -77,474 -11%
Marshall Wace
90
Marshall Wace
United Kingdom
$107M +$117M +593,685 +3,705%
ProShare Advisors
91
ProShare Advisors
Maryland
$99.1M -$25M -126,764 -18%
CI Investments Inc
92
CI Investments Inc
Ontario, Canada
$99M +$3.74M +18,934 +3%
RP
93
Regal Partners
Australia
$98.3M +$8.42M +42,685 +8%
CWM
94
CIBC World Markets
New York
$97.5M -$97.6M -494,570 -47%
LWCA
95
Locust Wood Capital Advisers
New York
$97M +$36.2M +183,525 +49%
VOYA Investment Management
96
VOYA Investment Management
Georgia
$92.5M -$4.57M -23,146 -4%
Ameriprise
97
Ameriprise
Minnesota
$92.3M +$17.2M +86,919 +19%
Aberdeen Group
98
Aberdeen Group
United Kingdom
$89.3M -$5.41M -27,407 -5%
PAMU
99
Pictet Asset Management (UK)
United Kingdom
$88.1M +$44.9M +227,579 +81%
Mitsubishi UFJ Trust & Banking
100
Mitsubishi UFJ Trust & Banking
Japan
$86.2M +$5.01M +25,370 +5%

LIN Hedge Fund Activity: Q1 2020 in Review

1,024 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Linde (LIN) for Q1 2020, worth a combined $71.8B — down 18% from $87.6B a quarter earlier.

Sellers outnumbered buyers: 137 funds closed out of LIN and 97 opened new positions — a net loss of 40 holders — while 434 trimmed existing stakes and 346 added.

The largest buyer was T. Rowe Price Associates, adding an estimated $1.14B. The largest seller was Capital Research Global Investors, cutting an estimated $609M.

  • 1,024 institutional investors held Linde (LIN) as of Q1 2020, down from 1,076 in Q4 2019.
  • Funds reported $71.8B of Linde stock for Q1 2020, down 18% quarter-over-quarter.
  • 97 funds opened new Linde positions in Q1 2020 and 137 closed out, a net change of -40 holders.
  • The largest Linde buyer in Q1 2020 was T. Rowe Price Associates, an estimated $1.14B added.
  • The largest Linde seller in Q1 2020 was Capital Research Global Investors, an estimated $609M sold.

Based on aggregated 13F filings for Q1 2020.