LI

LIN Linde plc

2026Q2 · CUSIP G54950103 · Sector: Materials

Piling in

Net holder growth ranks near the top of the market

Funds that own it
2,316
Institutions that reported holding it to the SEC
Net increase in holders
+66
Last quarter 2,250 → now 2,316
How unusual is that
Top 10%
Stronger buying than 95% of US stocks
What the filings say, in one paragraph

2,316 funds held LIN at the end of 2026Q2, up 66 from the quarter before. That is stronger buying than 94.7% of US stocks — among the most piled-into names this quarter. On the business itself, revenue over the last 12 months was $35.4B(YoY +6.6%), return on equity is 18.5%. LIN has had 12 buying rushes in its history. It sits in the Materials sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2019Q1: holders=5 2019Q2: holders=4 2019Q3: holders=6 2019Q4: holders=5 2020Q1: holders=5 2020Q2: holders=5 2020Q3: holders=6 2020Q4: holders=8 2021Q1: holders=7 2021Q2: holders=8 2021Q3: holders=7 2021Q4: holders=8 2022Q1: holders=7 2022Q2: holders=8 2022Q3: holders=7 2022Q4: holders=9 2023Q1: holders=1400 2023Q2: holders=1536 2023Q3: holders=1581 2023Q4: holders=1744 2024Q1: holders=1800 2024Q2: holders=1805 2024Q3: holders=1876 2024Q4: holders=1962 2025Q1: holders=2011 2025Q2: holders=2052 2025Q3: holders=2072 2025Q4: holders=2098 2026Q1: holders=2250 2026Q2: holders=2316 -1391 -695.5 +0 +695.5 +1391 312182432 19Q119Q420Q321Q222Q122Q423Q324Q225Q125Q426Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 12 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 10% — —
2026Q1 Top 1% in the market — —
2025Q3 Top 20% — —
2025Q2 Top 10% — —
2025Q1 Top 5% — —
2024Q4 Top 5% — —
2024Q3 Top 5% — —
2024Q1 Top 5% — —

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
373
Change in large funds
+45
Total value they hold
$204.3B
Funds buying for the first time
217
Funds that sold out entirely
151
Price change that quarter
—
Funds holding puts (bearish)
27
Funds holding calls (bullish)
27

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

Fundamentals

PE (TTM)
—
EPS (TTM)
$15.50
EPS YoY
+10.2%
Revenue (TTM)
$35.4B
Revenue YoY
+6.6%
Net margin
20.4%
ROE
18.5%
Debt ratio
54.0%
FCF (TTM)
$5.0B
Dividend (TTM)
$6.20
Quarterly Revenue & EPS
2021-09-30: EPS 1.88 2021-12-31: EPS 1.99 2022-03-31: EPS 2.30 2022-06-30: EPS 0.74 2022-09-30: EPS 2.54 2022-12-31: EPS 2.65 2023-03-31: EPS 3.06 2023-06-30: EPS 3.19 2023-09-30: EPS 3.19 2023-12-31: EPS 3.15 2024-03-31: EPS 3.35 2024-06-30: EPS 3.44 2024-09-30: EPS 3.22 2024-12-31: EPS 3.61 2025-03-31: EPS 3.51 2025-06-30: EPS 3.73 2025-09-30: EPS 4.09 2025-12-31: EPS 3.28 2026-03-31: EPS 3.98 2026-06-30: EPS 4.15 0B 4.6B 9.3B $B 0.00 2.28 4.57 201720182019202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

Quarterly free cash flow
-1.9B485M2.8B 201820192020202120222023202420252026
Latest quarter $898M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.