Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Linde plc (LIN)

2K + Investors. Track Smart Money conviction in LIN. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +159
Streak
11Q ▲
Buyers last Q
59%

Smart Money Signals — LIN

Based on 2273 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 11 quarters in a row

last 6Q
For 11 consecutive quarters, more hedge funds added LIN than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
2,273 hedge funds hold LIN right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +12% more funds vs a year ago

fund count last 6Q
+248 new funds entered over the past year (+12% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 59% buying

1284 buying886 selling
Last quarter: 1,284 funds bought or added vs 886 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+61 vs last Q)

new funds entering per quarter
Funds opening a new LIN position: 165 → 173 → 270 → 331. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

63% of holders stayed for 2+ years

■ 63% conviction (2yr+) ■ 19% medium ■ 19% new
1,423 out of 2,273 hedge funds have held LIN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
🚀

Acceleration phase — new buyers rushing in

222 → 165 → 173 → 270 → 331 new funds/Q
New funds entering each quarter: 165 → 173 → 270 → 331. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Veteran-anchored — 65% veterans vs 22% newcomers

■ 65% veterans ■ 13% 1-2yr ■ 22% new
Entry-cohort mix of 2,333 holders: 1,508 (65%) are 2+ year veterans, 311 entered 1–2 years ago, and 514 (22%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 50% AUM from top-100 funds

50% from top-100 AUM funds
68 of 2261 holders are among the 100 largest funds by AUM, controlling 50% of total institutional value in LIN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — LIN

In 2026 Q1, 1284 hedge funds were net buyers of LIN (331 opened a new position, 953 added to an existing one), while 886 reduced or exited (714 trimmed, 172 sold completely) — a 59% buyer ratio, indicating a slight buying edge. This marks 11 consecutive quarters of net institutional buying — a persistent conviction signal. 50% of total institutional value in LIN is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +159 funds (more new holders than closures). Total institutional holders: 2273.

Hedge Fund Ownership: LIN

How many hedge funds hold LIN — quarterly history vs. share price
Quarterly hedge fund ownership of LIN vs. share price

Market Analysis: LIN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: LIN

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Linde plc (LIN) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much LIN has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 80d ago
LIN
+3.3%
SPY
+13.9%

LIN outperformed SPY by -10.6% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 35d ago
LIN
+1.5%
SPY
+0.2%

Since the filing became public, LIN outperformed SPY by +1.3% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

96 top-rated funds 46 high-conviction
Consensus
8.6
/ 10
breadth
×
Elite
5.2
/ 10
conviction
Hedge Fund Positioning: LIN
2K + Investors

Track Smart Money conviction in LIN. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 2250 2114 6.43%
13F Shares 377M 387M -2.65%
Total Value $176.69B $159.05B 11.09%
New Positions 322 270 +52
Increased Positions 932 703 +229
Closed Positions 186 239 -53
Reduced Positions 693 868 -175
Total Calls 32 27 18.52%
Total Puts 35 29 20.69%
PUT/CALL Ratio 1.09 1.07 Neutral

Statistics: LIN

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

2K + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in LIN. Verified SEC 13F-HR filings.

QUARTER:
Top 25 LIN holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Freemont Capital Pte Ltd 51.34% 5,083,319 $2.52B
2 Milestones Administradora de Recursos Ltda. 13.02% 100,633 $49.9M
3 SailingStone Capital Partners LLC 12.38% 109,958 $54.5M
4 Pelham Capital Ltd. 12.24% 31,500 $15.6M
5 Lansdowne Partners (uk) LLP 11.93% 449,206 $222.7M
6 Maren Capital LLC 10.03% 386,703 $191.7M
7 WELLCOME TRUST LTD (THE) as trustee of the WELLCOME TRUST 6.86% 1,120,000 $555.3M
8 Palestra Capital Management LLC 6.82% 352,942 $175.0M
9 Caisse Des Depots Et Consignations 6.07% 742,277 $368.0M
10 Exane Asset Management 5.99% 51,358 $29.3M
11 Impax Asset Management Group plc 5.92% 1,711,780 $848.6M
12 Locust Wood Capital Advisers, LLC 5.89% 466,501 $231.3M
13 Egerton Capital (UK) LLP 5.88% 1,068,371 $529.7M
14 Bleichroeder LP 5.87% 68,474 $33.9M
15 Obion Capital Management LP 5.75% 11,759 $5.8M
16 Candelo Capital Management LP 5.60% 13,690 $6.8M
17 Comgest Global Investors S.A.S. 5.60% 517,778 $256.7M
18 AGAVE CAPITAL MANAGEMENT Ltd 5.58% 70,000 $34.7M
19 Clio Asset Management LLC 5.35% 12,868 $6.4M
20 Polaris Capital Management, LLC 5.05% 124,583 $61.8M
21 Wallington Asset Management, LLC 4.66% 70,748 $35.1M
22 11 Capital Partners LP 4.50% 31,640 $15.7M
23 Rivermont Capital Management LP 4.49% 42,969 $21.3M
24 Aperture Investors, LLC 4.21% 67,215 $33.3M
25 Reliant Investment Management, LLC 4.15% 17,378 $8.6M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Linde plc (LIN)

What does the Smart Money Trend signal show for LIN?

Buying streak — 11 quarters in a row: For 11 consecutive quarters, more hedge funds added LIN than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for LIN?

Slight buying edge — 59% buying: Last quarter: 1,284 funds bought or added vs 886 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for LIN holders?

Elite ownership — 50% AUM from top-100 funds: 68 of 2261 holders are among the 100 largest funds by AUM, controlling 50% of total institutional value in LIN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held LIN?

63% of holders stayed for 2+ years: 1,423 out of 2,273 hedge funds have held LIN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Linde plc (LIN) following the 2026 Q1 hedge fund 13F filings?

As of today, LIN has moved +1.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.2% for the SPY sector ETF — an outperformance of +1.3%. Since the quarter end (March 31, 2026), LIN has gained +3.3% vs +13.9% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

Full history →