2,095 hedge funds and large institutions have $164B invested in Linde in 2025 Q4 according to their latest regulatory filings, with 252 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
2,095
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
PCM
126
Palestra Capital Management
New York
$171M
Fayez Sarofim & Co
127
Fayez Sarofim & Co
Texas
$171M
PPF
128
PFA Pension Forsikringsaktieselskab
$170M
Mariner
129
Mariner
Kansas
$168M
Victory Capital Management
130
Victory Capital Management
Texas
$166M
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
131
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$165M
Marshall Wace
132
Marshall Wace
United Kingdom
$160M
CWM
133
CIBC World Markets
New York
$159M
MC
134
Maren Capital
Illinois
$155M
New York State Teachers Retirement System (NYSTRS)
135
New York State Teachers Retirement System (NYSTRS)
New York
$155M
Korea Investment Corp
136
Korea Investment Corp
South Korea
$152M
LPL Financial
137
LPL Financial
California
$151M
GLA
138
Great Lakes Advisors
Illinois
$149M
Nomura Asset Management
139
Nomura Asset Management
Japan
$149M
Caisse de Depot et Placement du Quebec (CDPQ)
140
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$147M
Mirae Asset Global ETFs Holdings
141
Mirae Asset Global ETFs Holdings
Hong Kong
$140M
Rockefeller Capital Management
142
Rockefeller Capital Management
New York
$139M
State of Tennessee, Department of Treasury
143
State of Tennessee, Department of Treasury
Tennessee
$136M
US Bancorp
144
US Bancorp
Minnesota
$136M
APG Asset Management
145
APG Asset Management
Netherlands
$131M
HighTower Advisors
146
HighTower Advisors
Illinois
$131M
PI
147
PGGM Investments
Netherlands
$130M
VOYA Investment Management
148
VOYA Investment Management
Georgia
$128M
Allianz Asset Management
149
Allianz Asset Management
Germany
$127M
CIM
150
Confluence Investment Management
Missouri
$127M