Lineage, Inc.

LINE • XNAS

Lineage, Inc. is a real estate investment trusts company on XNAS, with a market cap of $7.6B. As of Q3 2025, 26% of shares are held by 222 institutional investors, with VANGUARD GROUP INC as the largest holder at 3.98%.

Market Cap$7.6B

REAL ESTATE INVESTMENT TRUSTS

Websiteonelineage.com

Overview

Overview of institutional ownership in LINE as of Q3 2025 with a market cap of $8.8B

All Institutions

Institutions: 222
Value Held: $2.3B
Shares Held: 60.5M
Avg Position: $10.5M
Median Position: $779.9K

Hedge Funds

Hedge Funds: 24
Value Held: $527.9M
Shares Held: 13.7M
Avg Position: $22.0M
Median Position: $1.9M

Ownership Breakdown

Institutional (non-HF)

20.48%

$1.8B

Hedge Funds

5.97%

$527.9M

Retail & Other

73.55%

$6.5B

Based on market cap of $8.8B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in LINE as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$351.9M 0.01% of portfolio	3.98% 9.1M shares	Q3 2024 Held for 1y 1m	$6.69T
D D1 Capital Partners L.P. Hedge Fund•Long/Short	Jeremy Louis Katz President	$238.9M 2.63% of portfolio	2.70% 6.2M shares	Q3 2024 Held for 1y 1m	$9.1B
DARLINGTON PARTNERS CAPITAL MANAGEMENT, LP Hedge Fund•Value	Mina Fahmy Iskander CFO	$198.3M 6.69% of portfolio	2.24% 5.1M shares	Q4 2024 Held for 10 months	$3.0B
BlackRock, Inc. Institution	Laurence D. Fink CEO	$172.4M 0.00% of portfolio	1.95% 4.5M shares	Q3 2024 Held for 1y 1m	$5.22T
HENDERSON GROUP PLC Institution	Ali Dibadj CEO	$144.4M 0.07% of portfolio	1.63% 3.7M shares	Q3 2024 Held for 1y 1m	$218.74B
Capital Research Global Investors RIA/Wealth	Sardar Sheraz Iftikhar CEO	$121.8M 0.02% of portfolio	1.38% 3.2M shares	Q3 2024 Held for 1y 1m	$532.36B
B BAILLIE GIFFORD & CO Institution	-	$114.2M 0.08% of portfolio	1.29% 3.0M shares	Q3 2024 Held for 1y 1m	$134.80B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$79.0M 0.00% of portfolio	0.88% 2.0M shares	Q3 2024 Held for 1y 1m	$2.88T
UBS Group AG Institution	Sergio P. Ermotti CEO	$52.5M 0.01% of portfolio	0.59% 1.4M shares	Q3 2024 Held for 1y 1m	$511.54B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$44.1M 0.00% of portfolio	0.50% 1.1M shares	Q3 2024 Held for 1y 1m	$1.57T

Net Capital Flow

Institutional buying and selling activity for LINE in Q3 2025

Net Flow: −$225.3M
Buyers: 94
Sellers: 103
Total Bought: +$373.2M
Total Sold: −$598.5M
Avg Position: $10.4M

Biggest Buyers

Institution	Net Bought	Current Position
DARLINGTON PARTNERS CAPITAL MANAGEMENT, LP Hedge Fund•Value	+$62.0M +1.6M shares	$198.3M 5.1M shares
D D1 Capital Partners L.P. Hedge Fund•Long/Short	+$60.3M +1.6M shares	$238.9M 6.2M shares
BARCLAYS PLC Institution	+$39.0M +1.0M shares	$39.5M 1.0M shares
BlackRock, Inc. Institution	+$30.3M +784.4K shares	$172.4M 4.5M shares
UBS Group AG Institution	+$27.2M +703.1K shares	$52.5M 1.4M shares
HENDERSON GROUP PLC Institution	+$20.1M +521.1K shares	$144.4M 3.7M shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	+$12.2M +315.6K shares	$13.0M 336.4K shares
GRS Advisors, LLC Real Assets	+$10.7M +277.1K shares	$42.7M 1.1M shares
SCP Investment, LP Institution	+$9.9M +255.0K shares	$18.5M 480.0K shares
Bank of New York Mellon Corp Institution	+$9.5M +246.3K shares	$19.4M 501.2K shares

Biggest Sellers

Institution	Net Sold	Current Position
C Capital World Investors Institution	−$209.9M −4.8M shares	Sold Off 0 shares
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	−$113.5M −2.9M shares	$34.8M 901.6K shares
COHEN & STEERS INC Institution	−$67.5M −1.6M shares	Sold Off 0 shares
D Daiwa Securities Group Inc. Institution	−$28.7M −743.6K shares	$1.1M 28.9K shares
CENTERSQUARE INVESTMENT MANAGEMENT LLC Real Assets	−$21.4M −553.6K shares	$27.0M 699.6K shares
Woodline Partners LP Institution	−$13.6M −312.3K shares	Sold Off 0 shares
N Nuveen, LLC Institution	−$11.8M −305.8K shares	$17.4M 449.5K shares
Ghisallo Capital Management LLC Hedge Fund•Multi-Strategy	−$11.6M −300.0K shares	$7.7M 200.1K shares
Artisan Partners Limited Partnership Long Only Manager	−$10.6M −275.6K shares	$13.4M 347.3K shares
CHILTON CAPITAL MANAGEMENT LLC RIA/Wealth	−$9.9M −225.2K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited LINE in Q3 2025

New Positions: 41
New Value: $106.4M
Exited Positions: 34
Exited Value: $349.8M

New Positions

Institution	Position Value
HighTower Advisors, LLC RIA/Wealth	$43.8M 1.1M shares
NORTHWOOD LIQUID MANAGEMENT LP Hedge Fund•Sector	$19.9M 513.9K shares
G Gillson Capital LP Hedge Fund•Long/Short	$7.3M 189.1K shares
Gotham Asset Management, LLC Hedge Fund•Long/Short	$7.0M 180.4K shares
Waterfall Asset Management, LLC Institution	$6.3M 162.4K shares
S Swiss National Bank Institution	$5.1M 132.9K shares
P PENNINGTON PARTNERS & CO., LLC Institution	$2.9M 74.4K shares
Susquehanna Portfolio Strategies, LLC Private Equity	$2.6M 67.1K shares
Empowered Funds, LLC ETF Provider	$2.4M 62.4K shares
Lavaca Capital LLC Hedge Fund•Vol Arbitrage	$1.4M 37.0K shares

Exited Positions

Institution	Previous Position
C Capital World Investors Institution	$209.9M 4.8M shares
COHEN & STEERS INC Institution	$67.5M 1.6M shares
Woodline Partners LP Institution	$13.6M 312.3K shares
CHILTON CAPITAL MANAGEMENT LLC RIA/Wealth	$9.9M 225.2K shares
A APG Asset Management US Inc. Pension/Endowment	$9.3M 215.0K shares
Burkehill Global Management, LP Hedge Fund•Event Driven	$8.7M 200.0K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$6.7M 153.6K shares
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	$5.4M 124.4K shares
A AXA Institution	$4.1M 93.7K shares
E Eisler Capital Management Ltd. Institution	$3.0M 69.5K shares

Options Activity

Institutions with the largest Call and Put options positions in LINE as of Q3 2025

Call Positions: 8
Call Value: $10.4M
Put Positions: 6
Put Value: $6.6M

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$6.0M 1.6K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$2.4M 625.0 contracts
W WOLVERINE TRADING, LLC Institution	$764.6K 196.0 contracts
LANDMARK INVESTMENT PARTNERS, L.P. Institution	$506.2K 131.0 contracts
D D. E. Shaw & Co., Inc. Institution	$413.4K 107.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$255.0K 66.0 contracts
J JANE STREET GROUP, LLC Institution	- - contracts
Walleye Trading LLC RIA/Wealth	- - contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$3.0M 783.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$2.3M 594.0 contracts
W WOLVERINE TRADING, LLC Institution	$639.8K 164.0 contracts
D D. E. Shaw & Co., Inc. Institution	$409.6K 106.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$243.4K 63.0 contracts
Walleye Trading LLC RIA/Wealth	- - contracts

Most Committed Institutions

Institutions with LINE as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
SCP Investment, LP Institution	Isaac Robert Souede Chairman	15.15% $18.5M	0.21% 480.0K shares	Q4 2024 Held for 10 months	$122.4M
Waterfall Asset Management, LLC Institution	Brian Breakstone CFO	9.85% $6.3M	0.07% 162.4K shares	Q3 2025 Held for 1 month	$63.7M
DARLINGTON PARTNERS CAPITAL MANAGEMENT, LP Hedge Fund•Value	Mina Fahmy Iskander CFO	6.69% $198.3M	2.24% 5.1M shares	Q4 2024 Held for 10 months	$3.0B
GRS Advisors, LLC Real Assets	Michael Jacob Geller CIO	4.00% $42.7M	0.48% 1.1M shares	Q3 2024 Held for 1y 1m	$1.1B
D D1 Capital Partners L.P. Hedge Fund•Long/Short	Jeremy Louis Katz President	2.63% $238.9M	2.70% 6.2M shares	Q3 2024 Held for 1y 1m	$9.1B
V VILLERE ST DENIS J & CO LLC Institution	-	2.32% $23.5M	0.27% 608.5K shares	Q3 2024 Held for 1y 1m	$1.0B
Renaissance Capital LLC ETF Provider	William Kevin Smith CEO	1.95% $3.5M	0.04% 89.7K shares	Q3 2024 Held for 1y 1m	$177.7M
L Lunate Capital Ltd Institution	-	1.94% $23.2M	0.26% 600.0K shares	Q1 2025 Held for 7 months	$1.2B
G GCM Grosvenor Holdings, LLC Institution	-	1.77% $11.7M	0.13% 302.1K shares	Q2 2025 Held for 4 months	$657.9M
P PENNINGTON PARTNERS & CO., LLC Institution	Brian Richard Gaister CEO	1.38% $2.9M	0.03% 74.4K shares	Q3 2025 Held for 1 month	$210.9M

Hedge Fund Spotlight

Discover hedge funds investing in LINE

Squarepoint Ops LLC

Hedge Fund • Quant

Portfolio ManagerMichael Gottlieb

Portfolio Value: $46.9B
Positions: 2,529
Last Reported: Q3 2025

Sector Allocation

Position in Lineage, Inc.

Market Value: $2.4M
Shares Held: 61.7K
Portfolio Weight: 0.01%
Owned Since: 2024-Q3

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