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
HNB
176
Huntington National Bank
Ohio
$89.6M
Asset Management One
177
Asset Management One
Japan
$88.7M
DWA
178
Douglass Winthrop Advisors
New York
$87M
Tudor Investment Corp
179
Tudor Investment Corp
Connecticut
$85.6M
MG
180
Markel Group
Virginia
$85.3M
MIG
181
Mariner Investment Group
New York
$85.3M
Empower Advisory Group
182
Empower Advisory Group
Colorado
$84.7M
Calamos Advisors
183
Calamos Advisors
Illinois
$84.5M
Treasurer of the State of North Carolina
184
Treasurer of the State of North Carolina
North Carolina
$83.9M
AM
185
AGF Management
Ontario, Canada
$83.4M
EIP
186
Epoch Investment Partners
New York
$83.3M
Teacher Retirement System of Texas
187
Teacher Retirement System of Texas
Texas
$81.2M
IGAM
188
iA Global Asset Management
Quebec, Canada
$80.9M
MSV
189
MN Services Vermogensbeheer
Netherlands
$78.1M
CBUSF
190
Construction & Building Unions Superannuation Fund
Australia
$77.9M
Baird Financial Group
191
Baird Financial Group
Wisconsin
$77.6M
C
192
Consulta
United Kingdom
$76.8M
KK
193
KLP Kapitalforvaltning
Norway
$76M
PC
194
Port Capital
Illinois
$75.4M
Truist Financial
195
Truist Financial
North Carolina
$73.9M
RBI
196
Raiffeisen Bank International
Austria
$69.3M
State of New Jersey Common Pension Fund D
197
State of New Jersey Common Pension Fund D
New Jersey
$69M
Man Group
198
Man Group
United Kingdom
$68M
QC
199
Quadrature Capital
United Kingdom
$67.3M
HP
200
Hikari Power
Japan
$67M