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
LA
151
LBP AM
France
$124M
Vontobel Holding
152
Vontobel Holding
Switzerland
$123M
CIBC Asset Management
153
CIBC Asset Management
Ontario, Canada
$122M
IIP
154
Intermede Investment Partners
United Kingdom
$121M
WP
155
Woodline Partners
California
$116M
TIM
156
Thornburg Investment Management
New Mexico
$116M
NIM
157
NEOS Investment Management
Connecticut
$115M
Fifth Third Bancorp
158
Fifth Third Bancorp
Ohio
$115M
Janus Henderson Group
159
Janus Henderson Group
United Kingdom
$109M
Fisher Asset Management
160
Fisher Asset Management
Washington
$109M
Mitsubishi UFJ Trust & Banking
161
Mitsubishi UFJ Trust & Banking
Japan
$108M
AQR Capital Management
162
AQR Capital Management
Connecticut
$108M
State of Wisconsin Investment Board
163
State of Wisconsin Investment Board
Wisconsin
$105M
NC
164
NZS Capital
Colorado
$104M
Mirae Asset Global Investments
165
Mirae Asset Global Investments
South Korea
$104M
Ensign Peak Advisors
166
Ensign Peak Advisors
Utah
$102M
Chevy Chase Trust
167
Chevy Chase Trust
Maryland
$101M
Handelsbanken Fonder
168
Handelsbanken Fonder
Sweden
$100M
William Blair & Company
169
William Blair & Company
Illinois
$99.7M
Susquehanna International Group
170
Susquehanna International Group
Pennsylvania
$99.6M
BCWM
171
Bartlett & Co Wealth Management
Ohio
$97.7M
LPU
172
Lansdowne Partners (UK)
United Kingdom
$97M
CCMG
173
Clark Capital Management Group
Pennsylvania
$96.7M
Ohio Public Employees Retirement System (OPERS)
174
Ohio Public Employees Retirement System (OPERS)
Ohio
$95.7M
MGP
175
M&G plc
United Kingdom
$92.5M