Published on 4 Oct 2021 on Insider Monkey via Yahoo Finance

Do Hedge Funds Love Linde plc (LIN)?

Hedge Funds and other institutional investors have just completed filing their 13Fs with the Securities and Exchange Commission, revealing their equity portfolios as of the end of June. At Insider Monkey, we follow nearly 900 active hedge funds and notable investors and by analyzing their 13F filings, we can determine the stocks that they are collectively bullish on. One of their picks is Linde plc (NYSE:LIN), so let’s take a closer look at the sentiment that surrounds it in the current quarter.

Is Linde plc (NYSE:LIN) a great investment today? Hedge funds were getting more optimistic. The number of long hedge fund positions improved by 12 recently. Linde plc (NYSE:LIN) was in 55 hedge funds' portfolios at the end of the second quarter of 2021. The all time high for this statistic is 60. Our calculations also showed that LIN isn't among the 30 most popular stocks among hedge funds (click for Q2 rankings).

At the moment there are a large number of tools stock traders use to evaluate stocks. Some of the best tools are hedge fund and insider trading interest. We have shown that, historically, those who follow the best picks of the best money managers can outperform the S&P 500 by a significant amount (see the details here). Also, our monthly newsletter's portfolio of long stock picks returned 185.4% since March 2017 (through August 2021) and beat the S&P 500 Index by more than 79 percentage points. You can download a sample issue of this newsletter on our website .