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Stephen Mandel opened a new position in LIN, now 4.94% of the portfolio.

New holding of 1,558,081 shares worth $808.55M.
Published · Based on SEC filings

Medium impact
New position
2026 Q2

Stephen Mandel's Lone Pine Capital reported 1.56M shares of Linde plc Ordinary Shares (LIN) for the first time in 2026 Q2, according to the 13F-HR filed with the SEC on August 14, 2026. At quarter-end prices the stake was worth about $808.6M, or 4.94% of the reported portfolio. LIN enters the book as the 7th largest of 34 stock positions.

What did the 2026 Q2 filing report for LIN?

As of June 30, 2026, from the 13F-HR filed August 14, 2026.

Value
Shares 1.56M
Reported value $808.6M
Portfolio weight 4.94%
Rank in portfolio 7th of 34

How big is the new LIN position?

Stephen Mandel opened 13 stock positions in 2026 Q2; LIN is the 5th largest of them by weight. An average stock position in the Stephen Mandel portfolio is 3% of the reported value, so the new name comes in above the fund's typical size.

Where does LIN sit in the Stephen Mandel portfolio?

LIN ranks 7th of 34 stock positions in the Stephen Mandel portfolio at 4.94%, above the fund's average stock position of 3%. The largest stock position is NBIS at 7.19%. Next come ASML at 6.92% and STX at 5.9%. The three largest stocks together are 20.01% of the book. The LIN purchase was the 6th largest of the quarter's 49 position changes by percent change to portfolio. Across the 2026 Q2 portfolio, Stephen Mandel reported 34 stock positions, with 13 opened and 15 closed. The total portfolio value is about $16.4B, up 30% from the prior quarter.

Stephen Mandel buys and sells, 2026 Q2

Has Stephen Mandel held LIN before?

Stephen Mandel has not reported LIN before in the filings we track. Our data starts with the quarter ended June 30, 2013.

Did other funds buy or sell LIN in 2026 Q2?

Among the other tracked funds that had filed for 2026 Q2 as of August 14, 2026, 4 hold LIN. The largest sellers were John Armitage, Parnassus Endeavor Fund and Nicolai Tangen. Every tracked holder of LIN is on the LIN ownership page.

FAQ

How many LIN shares does Stephen Mandel hold?

Stephen Mandel holds 1.56M shares of LIN as of June 30, 2026, worth about $808.6M.

What is LIN's weight in the Stephen Mandel portfolio?

LIN is 4.94% of the Stephen Mandel portfolio and ranks 7th of 34 stocks by weight.

Has Stephen Mandel owned LIN before?

No. Stephen Mandel has not reported LIN before in the filings we track, which start with the quarter ended June 30, 2013.

How many other tracked funds hold LIN?

4 other tracked funds that had filed for 2026 Q2 hold LIN.

Source: based on original SEC filings

Figures are from the fund's 13F, which lists long US-listed positions at quarter-end prices. Cash, short positions and most non-US holdings are not reported.
Stocks mentioned
Amelia Ingram
Amelia Ingram
Valuesider analyst