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954 hedge funds and large institutions have $72.6B invested in Linde in 2019 Q1 according to their latest regulatory filings, with 166 funds opening new positions, 300 increasing their positions, 358 reducing their positions, and 75 closing their positions.

New
Increased
Maintained
Reduced
Closed

142% more call options, than puts

Call options by funds: $355M | Put options by funds: $147M

121% more first-time investments, than exits

New positions opened: 166 | Existing positions closed: 75

15% more capital invested

Capital invested by funds: $62.9B → $72.6B (+$9.73B)

9% more funds holding

Funds holding: 872954 (+82)

2.62% more ownership

Funds ownership: 73.15%75.78% (+2.6%)

16% less repeat investments, than reductions

Existing positions increased: 300 | Existing positions reduced: 358

34% less funds holding in top 10

Funds holding in top 10: 3523 (-12)

Holders
954
Holders Change
+82
Holders Change %
+9.4%
% of All Funds
20.65%
Holding in Top 10
23
Holding in Top 10 Change
-12
Holding in Top 10 Change %
-34.29%
% of All Funds
0.5%
New
166
Increased
300
Reduced
358
Closed
75
Calls
$355M
Puts
$147M
Net Calls
+$208M
Net Calls Change
-$135M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$7.98B +$59.9M +360,379 +0.8%
BlackRock
2
BlackRock
New York
$5.55B +$106M +636,524 +2%
State Street
3
State Street
Massachusetts
$3.97B +$157M +945,984 +4%
Capital World Investors
4
Capital World Investors
California
$3.27B +$112M +673,609 +4%
Capital Research Global Investors
5
Capital Research Global Investors
California
$2.65B +$385M +2,315,736 +18%
Norges Bank
6
Norges Bank
Norway
$2.63B -$310M -1,869,074 -11%
Massachusetts Financial Services
7
Massachusetts Financial Services
Massachusetts
$2.53B -$96.9M -583,514 -4%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$1.77B -$40.1M -241,495 -2%
Deutsche Bank
9
Deutsche Bank
Germany
$1.52B +$32.4M +195,280 +2%
Fidelity Investments
10
Fidelity Investments
Massachusetts
$1.44B +$60.5M +364,348 +5%
CCM
11
Causeway Capital Management
California
$1.38B +$1.3B +7,848,262 New
Dodge & Cox
12
Dodge & Cox
California
$1.37B -$46.3M -278,900 -3%
Barclays
13
Barclays
United Kingdom
$1.35B +$68.5M +412,477 +6%
Wellington Management Group
14
Wellington Management Group
Massachusetts
$1.32B -$233M -1,400,661 -16%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$1.25B +$122M +732,528 +11%
Northern Trust
16
Northern Trust
Illinois
$1.11B +$7.9M +47,575 +0.8%
DZ Bank
17
DZ Bank
Germany
$1.09B +$13M +77,992 +1%
JP Morgan Chase
18
JP Morgan Chase
New York
$1B +$147M +885,118 +18%
Franklin Resources
19
Franklin Resources
California
$943M -$26.3M -158,412 -3%
Parnassus Investments
20
Parnassus Investments
California
$879M -$5.56M -33,460 -0.7%
Bank of America
21
Bank of America
North Carolina
$878M +$154M +925,104 +23%
AAMU
22
Amundi Asset Management US
Massachusetts
$863M +$813M +4,892,828 +33,492%
ClearBridge Investments
23
ClearBridge Investments
New York
$849M +$62.1M +373,994 +8%
First Eagle Investment Management
24
First Eagle Investment Management
New York
$815M -$3.54M -21,325 -0.5%
Wells Fargo
25
Wells Fargo
California
$700M +$26.2K +158 +0%

LIN Hedge Fund Activity: Q1 2019 in Review

954 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Linde (LIN) for Q1 2019, worth a combined $72.6B — up 15% from $62.9B a quarter earlier.

Buyers outnumbered sellers: 166 funds opened new LIN positions and 75 closed out — a net gain of 91 holders — while 300 added to existing stakes and 358 trimmed.

The largest buyer was Causeway Capital Management, opening a new position worth an estimated $1.3B. The largest seller was DekaBank Deutsche Girozentrale, exiting entirely with an estimated $840M sold.

  • 954 institutional investors held Linde (LIN) as of Q1 2019, up from 872 in Q4 2018.
  • Funds reported $72.6B of Linde stock for Q1 2019, up 15% quarter-over-quarter.
  • 166 funds opened new Linde positions in Q1 2019 and 75 closed out, a net change of +91 holders.
  • The largest Linde buyer in Q1 2019 was Causeway Capital Management, an estimated $1.3B added.
  • The largest Linde seller in Q1 2019 was DekaBank Deutsche Girozentrale, an estimated $840M sold.

Based on aggregated 13F filings for Q1 2019.