Vault-13

LINDE PLC 99952EUR

SHS · Common Stock · CUSIP G5494J103

24 institutional holders +4 vs Q4 2025
1,155,4491.2m shares reported held*
$572.8mreported value*
5 new 6 added 7 reduced 1 sold out net bought ≈ $150.4m (+303.4k 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 ≈ $495.75. Options: 0 managers hold calls (— notional), 1 hold puts ($101.9m).

Trends to Q1 2026

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: 24Q3 25: 25Q4 25: 20Q1 26: 2424Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q3 202525
Q4 202520
Q1 202624

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q2 24: 9 bought or addedQ2 24: 10 cut or sold outQ3 24: 9 bought or addedQ3 24: 11 cut or sold outQ3 24Q4 24: 6 bought or addedQ4 24: 14 cut or sold outQ1 25: 7 bought or addedQ1 25: 7 cut or sold outQ1 25Q2 25: 6 bought or addedQ2 25: 9 cut or sold outQ3 25: 10 bought or addedQ3 25: 6 cut or sold outQ3 25Q4 25: 6 bought or addedQ4 25: 11 cut or sold outQ1 26: 11 bought or addedQ1 26: 8 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024910
Q3 2024911
Q4 2024614
Q1 202577
Q2 202569
Q3 2025106
Q4 2025611
Q1 2026118

Calls vs puts

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

CallsPuts
$0$50m$100m$150mQ2 25 calls: $0Q2 25 puts: $23.1mQ2 25P/C —Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $74.6mQ4 25 puts: $57.6mQ4 25P/C 0.77Q1 26 calls: $0Q1 26 puts: $101.9mQ1 26P/C —
Numbers
QuarterCallsPutsP/C
Q2 2025$0$23.1m—
Q3 2025$0$0—
Q4 2025$74.6m$57.6m0.77
Q1 2026$0$101.9m—

Biggest buyers

SCOPUS ASSET MANAGEMENT, L.P. New +309,512+309.5k
PARTNERS CAPITAL INVESTMENT GROUP, LLP Added +2,032+2.0k
Boit C F David Added +2,000+2.0k
Archer Investment Corp New +1,279+1.3k
AR ASSET MANAGEMENT INC New +1,020+1.0k
Stanley-Laman Group, Ltd. Added +851+851
STALEY CAPITAL ADVISERS INC New +450+450
CONNORS INVESTOR SERVICES INC Added +250+250
Cascades Capital Asset Management, LLC New +207+207
FERGUSON WELLMAN CAPITAL MANAGEMENT, INC Added +116+116

Biggest sellers

KING LUTHER CAPITAL MANAGEMENT CORP Reduced -7,247-7.2k
Lorne Steinberg Wealth Management Inc. Sold out -5,295-5.3k
Harvest Fund Management Co., Ltd Reduced -637-637
DEARBORN PARTNERS LLC Reduced -435-435
Mn Services Vermogensbeheer B.V. Reduced -300-300
CULLINAN ASSOCIATES INC Reduced -242-242
Fruth Investment Management Reduced -110-110
THOMPSON INVESTMENT MANAGEMENT, INC. Reduced -10-10

Biggest calls

None

Biggest puts

SCOPUS ASSET MANAGEMENT, L.P. Added $101.9m205.5k 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, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 KING LUTHER CAPITAL MANAGEMENT CORP 1.06% of their portfolio FORT WORTH, TX 493,719493.7k $244.8m $244.8m 1.06% Reduced -7.2k -7,247
2 SCOPUS ASSET MANAGEMENT, L.P. 4.81% of their portfolio NEW YORK, NY 309,512309.5k $153.4m $153.4m 4.81% New
3 Mn Services Vermogensbeheer B.V. 0.60% of their portfolio THE HAGUE, P7 182,928182.9k $90.7m $90.7m 0.60% Reduced -300 -300
4 CONNORS INVESTOR SERVICES INC 1.87% of their portfolio WYOMISSING, PA 40,84640.8k $20.2m $20.2m 1.87% Added +250 +250
5 Harvest Fund Management Co., Ltd 0.72% of their portfolio BEIJING, F4 34,25534.3k $17.0m $17.0m 0.72% Reduced -637 -637
6 Fruth Investment Management 3.24% of their portfolio HOUSTON, TX 26,19226.2k $13.0m $13.0m 3.24% Reduced -110 -110
7 Stanley-Laman Group, Ltd. 1.22% of their portfolio Berwyn, PA 20,09520.1k $10.0m $10.0m 1.22% Added +851 +851
8 PARTNERS CAPITAL INVESTMENT GROUP, LLP 0.24% of their portfolio BOSTON, MA 12,73012.7k $6.3m $6.3m 0.24% Added +2.0k +2,032
9 DEARBORN PARTNERS LLC 0.27% of their portfolio CHICAGO, IL 9,9179.9k $4.9m $4.9m 0.27% Reduced -435 -435
10 WESTPORT ASSET MANAGEMENT INC 1.97% of their portfolio SOUTHPORT, CT 9,0009.0k $4.5m $4.5m 1.97% Unchanged
11 Cohen Klingenstein LLC 0.13% of their portfolio NEW YORK, NY 8,0008.0k $4.0m $4.0m 0.13% Unchanged
12 Boit C F David 0.62% of their portfolio BOSTON, MA 2,8002.8k $1.4m $1.4m 0.62% Added +2.0k +2,000
13 Archer Investment Corp 0.14% of their portfolio Carmel, IN 1,2791.3k $634.1k $634.1k 0.14% New
14 WENDELL DAVID ASSOCIATES INC 0.06% of their portfolio PORTSMOUTH, NH 1,0761.1k $533.0k $533.0k 0.06% Unchanged
15 AR ASSET MANAGEMENT INC 0.10% of their portfolio WEST HOLLYWOOD, CA 1,0201.0k $506.0k $506.0k 0.10% New
16 FERGUSON WELLMAN CAPITAL MANAGEMENT, INC 0.00% of their portfolio PORTLAND, OR 675675 $334.6k $334.6k 0.00% Added +116 +116
17 STALEY CAPITAL ADVISERS INC 0.01% of their portfolio PITTSBURGH, PA 450450 $223.1k $223.1k 0.01% New
18 CULLINAN ASSOCIATES INC 0.02% of their portfolio LOUISVILLE, KY 434434 $215.2k $215.2k 0.02% Reduced -242 -242
19 Cascades Capital Asset Management, LLC 0.04% of their portfolio GREENSBORO, NC 207207 $102.6k $102.6k 0.04% New
20 THOMPSON INVESTMENT MANAGEMENT, INC. 0.01% of their portfolio MADISON, WI 200200 $99.2k $99.2k 0.01% Reduced -10 -10
21 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.00% of their portfolio CINCINNATI, OH 8282 $40.5k $40.5k 0.00% Unchanged
22 Lummis Asset Management, LP 0.01% of their portfolio FORT WORTH, TX 1919 $9.4k $9.4k 0.01% Unchanged
23 HORIZON FINANCIAL SERVICES, LLC 0.00% of their portfolio WINSTON SALEM, NC 1212 $5.9k $5.9k 0.00% Added +8 +8
24 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 11 $350 $350 0.00% Unchanged