Vault-13

LINDE PLC 99952EUR

SHS · Common Stock · CUSIP G5494J103

24 institutional holders -2 vs Q1 2025
881,640881.6k shares reported held*
$413.6mreported value*
0 new 6 added 7 reduced 2 sold out net bought ≈ $9.3m (+19.8k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $469.17. Options: 1 managers hold calls ($0 notional), 2 hold puts ($23.1m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

01k2kQ3 22: 1,392Q4 22: 1,519Q1 23: 73Q2 23: 39Q3 23: 31Q4 23: 31Q1 24: 30Q2 24: 30Q3 24: 27Q4 24: 24Q1 25: 26Q2 25: 2424Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 20221,392
Q4 20221,519
Q1 202373
Q2 202339
Q3 202331
Q4 202331
Q1 202430
Q2 202430
Q3 202427
Q4 202424
Q1 202526
Q2 202524

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
20020Q3 23: 14 bought or addedQ3 23: 17 cut or sold outQ4 23: 9 bought or addedQ4 23: 13 cut or sold outQ4 23Q1 24: 8 bought or addedQ1 24: 14 cut or sold outQ2 24: 9 bought or addedQ2 24: 10 cut or sold outQ2 24Q3 24: 9 bought or addedQ3 24: 11 cut or sold outQ4 24: 6 bought or addedQ4 24: 14 cut or sold outQ4 24Q1 25: 7 bought or addedQ1 25: 7 cut or sold outQ2 25: 6 bought or addedQ2 25: 9 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20231417
Q4 2023913
Q1 2024814
Q2 2024910
Q3 2024911
Q4 2024614
Q1 202577
Q2 202569

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$10m$20m$30mQ3 24 calls: $0Q3 24 puts: $0Q3 24P/C —Q4 24 calls: $0Q4 24 puts: $0Q4 24P/C —Q1 25 calls: $0Q1 25 puts: $0Q1 25P/C —Q2 25 calls: $0Q2 25 puts: $23.1mQ2 25P/C —
Numbers
QuarterCallsPutsP/C
Q3 2024$0$0—
Q4 2024$0$0—
Q1 2025$0$0—
Q2 2025$0$23.1m—

Biggest buyers

SCOPUS ASSET MANAGEMENT, L.P. Added +42,437+42.4k
PARTNERS CAPITAL INVESTMENT GROUP, LLP Added +8,527+8.5k
CONNORS INVESTOR SERVICES INC Added +7,448+7.4k
49 WEALTH MANAGEMENT, LLC Added +27+27
Itau Unibanco Holding S.A. Added +13+13
HORIZON FINANCIAL SERVICES, LLC Added +2+2

Biggest sellers

DEARBORN PARTNERS LLC Reduced -19,596-19.6k
KING LUTHER CAPITAL MANAGEMENT CORP Reduced -10,923-10.9k
Harvest Fund Management Co., Ltd Reduced -3,125-3.1k
Mn Services Vermogensbeheer B.V. Reduced -1,600-1.6k
Violich Capital Management, Inc. Sold out -1,415-1.4k
Stanley-Laman Group, Ltd. Reduced -1,399-1.4k
Fruth Investment Management Reduced -375-375
Cascades Capital Asset Management, LLC Sold out -247-247
WENDELL DAVID ASSOCIATES INC Reduced -20-20

Biggest calls

CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SCOPUS ASSET MANAGEMENT, L.P. New $23.1m49.2k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 KING LUTHER CAPITAL MANAGEMENT CORP 0.99% of their portfolio FORT WORTH, TX 487,386487.4k $228.7m $228.7m 0.99% Reduced -10.9k -10,923
2 Mn Services Vermogensbeheer B.V. 0.58% of their portfolio THE HAGUE, P7 176,761176.8k $82.9m $82.9m 0.58% Reduced -1.6k -1,600
3 SCOPUS ASSET MANAGEMENT, L.P. 0.78% of their portfolio NEW YORK, NY 62,51262.5k $29.3m $29.3m 0.78% Added +42.4k +42,437
4 CONNORS INVESTOR SERVICES INC 1.62% of their portfolio WYOMISSING, PA 39,02539.0k $18.3m $18.3m 1.62% Added +7.4k +7,448
5 Fruth Investment Management 3.46% of their portfolio HOUSTON, TX 27,14727.1k $12.7m $12.7m 3.46% Reduced -375 -375
6 Harvest Fund Management Co., Ltd 0.59% of their portfolio BEIJING, F4 26,78526.8k $12.6m $12.6m 0.59% Reduced -3.1k -3,125
7 Stanley-Laman Group, Ltd. 1.38% of their portfolio Berwyn, PA 19,75519.8k $9.3m $9.3m 1.38% Reduced -1.4k -1,399
8 DEARBORN PARTNERS LLC 0.24% of their portfolio CHICAGO, IL 10,74410.7k $5.0m $5.0m 0.24% Reduced -19.6k -19,596
9 PARTNERS CAPITAL INVESTMENT GROUP, LLP 0.17% of their portfolio BOSTON, MA 9,2969.3k $4.4m $4.4m 0.17% Added +8.5k +8,527
10 WESTPORT ASSET MANAGEMENT INC 1.87% of their portfolio SOUTHPORT, CT 9,0009.0k $4.2m $4.2m 1.87% Unchanged
11 Cohen Klingenstein LLC 0.13% of their portfolio NEW YORK, NY 8,0008.0k $3.8m $3.8m 0.13% Unchanged
12 STALEY CAPITAL ADVISERS INC 0.03% of their portfolio PITTSBURGH, PA 1,4601.5k $685.0k $685.0k 0.03% Unchanged
13 WENDELL DAVID ASSOCIATES INC 0.05% of their portfolio PORTSMOUTH, NH 1,0761.1k $505.0k $505.0k 0.05% Reduced -20 -20
14 CULLINAN ASSOCIATES INC 0.02% of their portfolio LOUISVILLE, KY 801801 $375.8k $375.8k 0.02% Unchanged
15 Boit C F David 0.18% of their portfolio BOSTON, MA 800800 $375.3k $375.3k 0.18% Unchanged
16 49 WEALTH MANAGEMENT, LLC 0.03% of their portfolio AUSTIN, TX 529529 $248.2k $248.2k 0.03% Added +27 +27
17 Itau Unibanco Holding S.A. 0.00% of their portfolio SAO PAULO, D5 215215 $100.9k $100.9k 0.00% Added +13 +13
18 THOMPSON INVESTMENT MANAGEMENT, INC. 0.01% of their portfolio MADISON, WI 200200 $93.8k $93.8k 0.01% Unchanged
19 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.00% of their portfolio CINCINNATI, OH 8282 $38.5k $38.5k 0.00% Unchanged
20 Stuart Chaussee & Associates, Inc. 0.00% of their portfolio BEVERLY HILLS, CA 4141 $19.2k $19.2k 0.00% Unchanged
21 Lummis Asset Management, LP 0.01% of their portfolio FORT WORTH, TX 1919 $8.9k $8.9k 0.01% Unchanged
22 HORIZON FINANCIAL SERVICES, LLC 0.00% of their portfolio WINSTON SALEM, NC 55 $2.3k $2.3k 0.00% Added +2 +2
23 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 11 $350 $350 0.00% Unchanged
24 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged