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2,113 hedge funds and large institutions have $178B invested in Linde in 2025 Q3 according to their latest regulatory filings, with 163 funds opening new positions, 876 increasing their positions, 731 reducing their positions, and 113 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more first-time investments, than exits

New positions opened: 163 | Existing positions closed: 113

20% more repeat investments, than reductions

Existing positions increased: 876 | Existing positions reduced: 731

1% more funds holding

Funds holding: 2,0962,113 (+17)

1% less capital invested

Capital invested by funds: $181B → $178B (-$2.58B)

1.46% less ownership

Funds ownership: 81.78%80.33% (-1.5%)

19% less funds holding in top 10

Funds holding in top 10: 6855 (-13)

31% less call options, than puts

Call options by funds: $575M | Put options by funds: $835M

Holders
2,113
Holders Change
+17
Holders Change %
+0.81%
% of All Funds
27.74%
Holding in Top 10
55
Holding in Top 10 Change
-13
Holding in Top 10 Change %
-19.12%
% of All Funds
0.72%
New
163
Increased
876
Reduced
731
Closed
113
Calls
$575M
Puts
$835M
Net Calls
-$259M
Net Calls Change
-$184M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$21.2B -$19.2M -40,531 -0.1%
BlackRock
2
BlackRock
New York
$17.5B +$45.8M +96,762 +0.3%
State Street
3
State Street
Massachusetts
$9.18B +$81.5M +172,162 +0.9%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$5.9B +$238M +502,138 +4%
Geode Capital Management
5
Geode Capital Management
Massachusetts
$5.35B +$26.6M +56,240 +0.5%
Capital World Investors
6
Capital World Investors
California
$5.01B -$240M -506,618 -5%
Capital Research Global Investors
7
Capital Research Global Investors
California
$4.43B +$39.4M +83,236 +0.9%
T. Rowe Price Associates
8
T. Rowe Price Associates
Maryland
$4.32B -$264M -557,622 -6%
JP Morgan Chase
9
JP Morgan Chase
New York
$4.29B +$2.54M +5,360 +0.1%
Morgan Stanley
10
Morgan Stanley
New York
$3.57B +$116M +245,700 +3%
Wellington Management Group
11
Wellington Management Group
Massachusetts
$3.45B -$127M -269,015 -4%
Capital International Investors
12
Capital International Investors
California
$3.01B -$91.7M -193,608 -3%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$2.66B -$180M -379,979 -6%
Massachusetts Financial Services
14
Massachusetts Financial Services
Massachusetts
$2.47B -$654M -1,381,604 -21%
FC
15
Freemont Capital
Singapore
$2.41B
Northern Trust
16
Northern Trust
Illinois
$2.19B -$8.1M -17,114 -0.4%
Invesco
17
Invesco
Georgia
$2.04B +$115M +242,733 +6%
N
18
Nuveen
North Carolina
$1.87B -$26.1M -55,045 -1%
Franklin Resources
19
Franklin Resources
California
$1.85B +$83.6M +176,650 +5%
Wells Fargo
20
Wells Fargo
California
$1.85B +$19.2M +40,533 +1%
Bank of America
21
Bank of America
North Carolina
$1.66B -$63.4M -133,827 -4%
Ameriprise
22
Ameriprise
Minnesota
$1.66B -$50.1M -105,750 -3%
WCM Investment Management
23
WCM Investment Management
California
$1.61B -$8.71M -18,399 -0.5%
Charles Schwab
24
Charles Schwab
California
$1.61B +$50.4M +106,373 +3%
Canada Pension Plan Investment Board
25
Canada Pension Plan Investment Board
Ontario, Canada
$1.59B +$28M +59,075 +2%