L3VLUP
Quarter end
31 Mar 2025
the date the book describes
Filed
5 Nov 2026
latest of these filings; the earliest 2 May 2025
Managers listing it
32
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q4 2024 and Q1 2025; 27 listed it in both
Shares listed
68,579,096
combined, among listed positions
Reported value
$31.9bn
combined, at the quarter end

Among the 95 comparable managers: 18 buyers (opened or added shares) and 13 sellers (trimmed or exited), at least, among listed positions. Their net change in shares is not known from listed positions, because at least one of them lists it in only one of the two quarters.

Managers listing LIN in Q1 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q4 2024, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

32 of 32 holders

ActionFiling
Fidelity (FMR LLC)12,222,487$5.7bn0.36%Trimmed-664,6735 Nov 2026 (the filing on sec.gov)
Capital World Investors10,793,955$5.0bn0.81%Trimmed-753,81012 May 2025 (the filing on sec.gov)
T. Rowe Price Associates Inc9,600,297$4.5bn0.55%Added+453,10814 May 2025 (the filing on sec.gov)
Capital Research Global Investors9,216,453$4.3bn0.93%Added+2,16312 May 2025 (the filing on sec.gov)
Wellington Management Group LLP7,542,991$3.5bn0.68%Added+1,182,15713 May 2025 (the filing on sec.gov)
MFS Investment Management7,128,712$3.3bn1.10%Trimmed-173,7162 May 2025 (the filing on sec.gov)
Invesco Ltd3,859,539$1.8bn0.34%Added+40,93112 May 2025 (the filing on sec.gov)
Dodge & Cox1,329,590$619m0.35%Held014 May 2025 (the filing on sec.gov)
Artisan Partners LP1,021,991$476m0.77%Added+96,23114 May 2025 (the filing on sec.gov)
AllianceBernstein LP932,775$434m0.16%Trimmed-175,08615 May 2025 (the filing on sec.gov)
Millennium Management LLC884,944$412m0.22%Added+623,68715 May 2025 (the filing on sec.gov)
Neuberger Berman Group LLC760,871$354m0.30%Added+29,87727 Oct 2026 (the filing on sec.gov)
D. E. Shaw & Co.594,449$277m0.25%Added+294,67415 May 2025 (the filing on sec.gov)
Two Sigma Investments LP429,725$200m0.43%Added+300,60215 May 2025 (the filing on sec.gov)
Marshall Wace LLP354,991$165m0.21%Trimmed-54,37115 May 2025 (the filing on sec.gov)
Arrowstreet Capital LP321,246$150m0.12%Newnew14 May 2025 (the filing on sec.gov)
Janus Henderson Group Ltd247,648$114m0.06%Trimmed-1,251,70515 May 2025 (the filing on sec.gov)
Two Sigma Advisers LP234,365$109m0.25%Addedn.a.15 May 2025 (the filing on sec.gov)
Balyasny Asset Management LLC199,363$93m0.15%Addedn.a.15 May 2025 (the filing on sec.gov)
Markel Group Inc181,000$84m0.75%Added+13,0002 May 2025 (the filing on sec.gov)
AQR Capital Management LLC165,041$76m0.08%Added+24,18915 May 2025 (the filing on sec.gov)
Holocene Advisors LP138,510$64m0.19%Trimmed-25,26515 May 2025 (the filing on sec.gov)
Man Group PLC120,778$56m0.14%Trimmed-2,80615 May 2025 (the filing on sec.gov)
Voloridge Investment Management LLC75,585$35m0.13%Trimmed-337,70715 May 2025 (the filing on sec.gov)
Acadian Asset Management LLC68,259$32m0.09%Addedn.a.21 May 2025 (the filing on sec.gov)
Page 1 of 2

Largest increases and reductions, by shares

Q4 2024 to Q1 2025, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
23 in Q3 2024 to 34 in Q2 2026

Tracked managers listing it, at least.

010203040Q1 2023Q3 2023Q1 2024Q3 2024Q1 2025Q3 2025Q1 2026Q2 2026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
LIN by quarter
QuarterHoldersReported valueBuyersSellers
Q1 202340$29.9bnn.a.n.a.
Q2 202335$30.7bnn.a.n.a.
Q3 202331$30.1bnn.a.n.a.
Q4 202332$32.7bn1714
Q1 202427$34.3bn1313
Q2 202428$30.5bn918
Q3 202423$32.2bn615
Q4 202432$28.9bn2111
Q1 202532$31.9bn1813
Q2 202531$31.8bn1516
Q3 202528$31.5bn1415
Q4 202536$30.2bn2616
Q1 202635$37.0bn2027
Q2 202634$40.4bn2719

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

LIN and GLW →LIN and HWM →LIN and FCX →Choose a stock to compare with LIN →

How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own LIN, latest filings →Back to the 13F Explorer →