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
Fayez Sarofim & Co
126
Fayez Sarofim & Co
Texas
$171M
PPF
127
PFA Pension Forsikringsaktieselskab
$170M
Mariner
128
Mariner
Kansas
$168M
Victory Capital Management
129
Victory Capital Management
Texas
$166M
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
130
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$165M
Marshall Wace
131
Marshall Wace
United Kingdom
$160M
CWM
132
CIBC World Markets
New York
$159M
MC
133
Maren Capital
Illinois
$155M
New York State Teachers Retirement System (NYSTRS)
134
New York State Teachers Retirement System (NYSTRS)
New York
$155M
Korea Investment Corp
135
Korea Investment Corp
South Korea
$152M
LPL Financial
136
LPL Financial
California
$151M
GLA
137
Great Lakes Advisors
Illinois
$149M
Nomura Asset Management
138
Nomura Asset Management
Japan
$149M
Caisse de Depot et Placement du Quebec (CDPQ)
139
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$147M
Mirae Asset Global ETFs Holdings
140
Mirae Asset Global ETFs Holdings
Hong Kong
$140M
Rockefeller Capital Management
141
Rockefeller Capital Management
New York
$139M
State of Tennessee, Department of Treasury
142
State of Tennessee, Department of Treasury
Tennessee
$136M
US Bancorp
143
US Bancorp
Minnesota
$136M
APG Asset Management
144
APG Asset Management
Netherlands
$131M
HighTower Advisors
145
HighTower Advisors
Illinois
$131M
PI
146
PGGM Investments
Netherlands
$130M
VOYA Investment Management
147
VOYA Investment Management
Georgia
$128M
Allianz Asset Management
148
Allianz Asset Management
Germany
$127M
CIM
149
Confluence Investment Management
Missouri
$127M
LA
150
LBP AM
France
$124M