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2,062 hedge funds and large institutions have $182B invested in Linde in 2025 Q1 according to their latest regulatory filings, with 206 funds opening new positions, 833 increasing their positions, 721 reducing their positions, and 121 closing their positions.

New
Increased
Maintained
Reduced
Closed

70% more first-time investments, than exits

New positions opened: 206 | Existing positions closed: 121

24% more funds holding in top 10

Funds holding in top 10: 6277 (+15)

16% more repeat investments, than reductions

Existing positions increased: 833 | Existing positions reduced: 721

11% more capital invested

Capital invested by funds: $163B → $182B (+$18.4B)

3% more funds holding

Funds holding: 2,0062,062 (+56)

0.14% more ownership

Funds ownership: 81.9%82.04% (+0.14%)

0% less call options, than puts

Call options by funds: $830M | Put options by funds: $833M

Holders
2,062
Holders Change
+56
Holders Change %
+2.79%
% of All Funds
27.65%
Holding in Top 10
77
Holding in Top 10 Change
+15
Holding in Top 10 Change %
+24.19%
% of All Funds
1.03%
New
206
Increased
833
Reduced
721
Closed
121
Calls
$830M
Puts
$833M
Net Calls
-$3.22M
Net Calls Change
+$166M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$20.6B -$21.4M -47,598 -0.1%
BlackRock
2
BlackRock
New York
$16.7B +$81.9M +181,990 +0.5%
State Street
3
State Street
Massachusetts
$9.01B -$279M -619,898 -3%
JP Morgan Chase
4
JP Morgan Chase
New York
$6.17B +$1.64B +3,645,212 +38%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$5.69B -$299M -664,673 -5%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$5.24B +$124M +274,506 +2%
Capital World Investors
7
Capital World Investors
California
$5.03B -$339M -753,810 -7%
T. Rowe Price Associates
8
T. Rowe Price Associates
Maryland
$4.47B +$204M +453,108 +5%
Capital Research Global Investors
9
Capital Research Global Investors
California
$4.29B +$974K +2,163 +0%
Wellington Management Group
10
Wellington Management Group
Massachusetts
$3.51B +$532M +1,182,157 +19%
Morgan Stanley
11
Morgan Stanley
New York
$3.35B -$315M -699,965 -9%
Massachusetts Financial Services
12
Massachusetts Financial Services
Massachusetts
$3.32B -$78.2M -173,716 -2%
Capital International Investors
13
Capital International Investors
California
$3.13B -$1.21B -2,694,019 -29%
Norges Bank
14
Norges Bank
Norway
$3.01B -$215M -476,531 -7%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$2.94B -$168M -373,064 -6%
FC
16
Freemont Capital
Singapore
$2.37B
Northern Trust
17
Northern Trust
Illinois
$2.26B -$29.2M -64,881 -1%
N
18
Nuveen
North Carolina
$2.1B -$177M -393,887 -8%
Wells Fargo
19
Wells Fargo
California
$1.85B +$72.8M +161,719 +4%
Invesco
20
Invesco
Georgia
$1.8B +$18.4M +40,931 +1%
Franklin Resources
21
Franklin Resources
California
$1.72B -$16.5M -36,544 -1%
Ameriprise
22
Ameriprise
Minnesota
$1.66B -$6.01M -13,347 -0.4%
Canada Pension Plan Investment Board
23
Canada Pension Plan Investment Board
Ontario, Canada
$1.64B -$133M -295,934 -8%
WCM Investment Management
24
WCM Investment Management
California
$1.53B +$4.44M +9,870 +0.3%
Charles Schwab
25
Charles Schwab
California
$1.51B +$66.1M +146,841 +5%