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Lincoln National Corp

LNC
Exchange
NYSE
Industry
Life Insurance
SEC CIK
0000059558

In the last 90 days, Lincoln National Corp insiders filed 0 open-market purchases and 2 sales; 619 institutions reported holding it in 13F filings for Q2 2026, worth $5.80B in total; no superinvestor holds it.

Other share classesLNC.PD

13F holders, Q1 2025

Institutional positions in Lincoln National Corp as of Mar 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
570
+18 vs. Q4 2024
Shares held
128.8M
+3.17M (+2.5%) vs. Q4 2024
Total value
$4.62B
+$633.4M (+15.9%) vs. Q4 2024
New holders
76
200 more added
Sold out
58
185 more reduced

6 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2024: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting LNC on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ1 2025: 570 institutions
Q1 2021: 629 institutionsQ2 2021: 620 institutionsQ3 2021: 637 institutionsQ4 2021: 675 institutionsQ1 2022: 653 institutionsQ2 2022: 631 institutionsQ3 2022: 618 institutionsQ4 2022: 576 institutionsQ1 2023: 493 institutionsQ2 2023: 496 institutionsQ3 2023: 478 institutionsQ4 2023: 506 institutionsQ1 2024: 503 institutionsQ2 2024: 536 institutionsQ3 2024: 532 institutionsQ4 2024: 558 institutionsQ1 2025: 570 institutionsQ2 2025: 567 institutionsQ3 2025: 605 institutionsQ4 2025: 627 institutionsQ1 2026: 616 institutionsQ2 2026: 619 institutions
Value heldQ1 2025: $4.62B
Q1 2021: $9.14BQ2 2021: $9.10BQ3 2021: $9.73BQ4 2021: $9.13BQ1 2022: $8.43BQ2 2022: $6.11BQ3 2022: $5.92BQ4 2022: $4.28BQ1 2023: $2.92BQ2 2023: $3.18BQ3 2023: $3.11BQ4 2023: $3.34BQ1 2024: $3.94BQ2 2024: $3.93BQ3 2024: $3.96BQ4 2024: $4.00BQ1 2025: $4.62BQ2 2025: $4.59BQ3 2025: $5.41BQ4 2025: $7.03BQ1 2026: $5.56BQ2 2026: $5.80B
Institutions holding LNC and their total value by quarter
QuarterHoldersValue
Q2 2026619$5.80B
Q1 2026616$5.56B
Q4 2025627$7.03B
Q3 2025605$5.41B
Q2 2025567$4.59B
Q1 2025570$4.62B
Q4 2024558$4.00B
Q3 2024532$3.96B
Q2 2024536$3.93B
Q1 2024503$3.94B
Q4 2023506$3.34B
Q3 2023478$3.11B
Q2 2023496$3.18B
Q1 2023493$2.92B
Q4 2022576$4.28B
Q3 2022618$5.92B
Q2 2022631$6.11B
Q1 2022653$8.43B
Q4 2021675$9.13B
Q3 2021637$9.73B
Q2 2021620$9.10B
Q1 2021629$9.14B

Institutions, Q1 2025

Shares, value and share of portfolio for each institution holding Lincoln National Corp; share changes are against Q4 2024.

Institutions holding LNC in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc18,851,345$677.0M0.01%−270,394−1.4%Reduced
BlackRock, Inc.16,531,571$593.6M0.01%−45,168−0.3%Reduced
State Street Corp6,158,850$221.2M0.01%−314,649−4.9%Reduced
Massachusetts Financial Services Co4,854,788$174.3M0.06%+97,600+2.1%Added
Morgan Stanley3,913,754$140.5M0.01%+22,100+0.6%Added
First Trust Advisors LP3,870,726$139.0M0.12%+2,612,214+207.6%Added
Dimensional Fund Advisors LP3,084,433$110.8M0.03%+208,114+7.2%Added
Principal Financial Group Inc3,016,414$108.3M0.06%−128,235−4.1%Reduced
Geode Capital Management, LLC2,915,998$104.7M0.01%+134,442+4.8%Added
Northern Trust Corp2,566,274$92.2M0.01%+146,667+6.1%Added
Norges Bank2,526,630$90.7M0.01%+99,930+4.1%Added
LSV Asset Management2,341,596$84.1M0.20%−108,800−4.4%Reduced
HSBC Holdings PLC2,080,461$74.2M0.05%−149,484−6.7%Reduced
Bank of New York Mellon Corp2,034,104$73.0M0.01%−54,729−2.6%Reduced
Charles Schwab Investment Management Inc2,031,911$73.0M0.01%−54,630−2.6%Reduced
AQR Capital Management LLC2,041,928$72.0M0.07%+935,225+84.5%Added
UBS Group AG1,722,066$61.8M0.01%+589,561+52.1%Added
Citadel Advisors LLC1,672,230$60.0M0.06%−278,272−14.3%Reduced
Invesco Ltd.1,597,913$57.4M0.01%+5,936+0.4%Added
Goldman Sachs Group Inc1,593,409$57.2M0.01%−232,879−12.8%Reduced
Two Sigma Advisers, LP1,576,700$56.6M0.13%−503,500−24.2%Reduced
Hennessy Advisors Inc1,556,700$55.9M1.86%−152,200−8.9%Reduced
Balyasny Asset Management LLC1,444,488$51.9M0.13%−77,707−5.1%Reduced
Arrowstreet Capital, Limited Partnership1,406,828$50.5M0.04%−136,796−8.9%Reduced
Millennium Management LLC1,176,613$42.3M0.04%+617,107+110.3%Added
Bank of America Corp1,111,452$39.9M0.00%+213,760+23.8%Added
Wells Fargo & Company945,741$34.0M0.01%−37,290−3.8%Reduced
Two Sigma Investments, LP910,388$32.7M0.07%−376,008−29.2%Reduced
Algebris (UK) Ltd954,824$31.7M5.77%+256,032+36.6%Added
Marshall Wace, LLP877,860$31.5M0.04%−193,234−18.0%Reduced
Victory Capital Management Inc861,793$30.9M0.03%+41,287+5.0%Added
Assenagon Asset Management S.A.673,095$24.2M0.04%+394,028+141.2%Added
SG Americas Securities, LLC661,972$23.8M0.08%+627,466+1,818.4%Added
UBS Asset Management Americas Inc623,322$22.4M0.01%+29,421+5.0%Added
Easterly Investment Partners LLC586,941$21.1M1.75%−54,364−8.5%Reduced
LPL Financial LLC585,096$21.0M0.01%−156,234−21.1%Reduced
Ameriprise Financial Inc571,880$20.5M0.01%+25,103+4.6%Added
Advisors Capital Management, LLC541,592$19.4M0.30%+10,569+2.0%Added
Public Sector Pension Investment Board540,179$19.4M0.08%+115,771+27.3%Added
Cubist Systematic Strategies, LLC525,796$18.9M0.25%+263,378+100.4%Added
Legal & General Group Plc523,438$18.8M0.01%+2,916+0.6%Added
Miller Value Partners, LLC519,255$18.6M8.50%+25,570+5.2%Added
First Eagle Investment Management, LLC517,650$18.6M0.04%−13,450−2.5%Reduced
Bridgewater Associates, LP473,633$17.0M0.08%+92,671+24.3%Added
Voloridge Investment Management, LLC420,169$15.1M0.06%−698,066−62.4%Reduced
Rhumbline Advisers406,331$14.6M0.01%−11,327−2.7%Reduced
Royal Bank of Canada395,077$14.2M0.00%−462−0.1%Reduced
JPMorgan Chase & Co391,654$14.1M0.00%+60,899+18.4%Added
Cambria Investment Management, L.P.365,661$13.1M0.92%−40,264−9.9%Reduced
Nuveen, LLC352,123$12.6M0.00%+352,123New
Swiss National Bank330,000$11.9M0.01%−4,700−1.4%Reduced
CBOE Vest Financial, LLC316,870$11.4M0.18%+316,870New
Churchill Management Corp296,232$10.6M0.13%+9,946+3.5%Added
Capital Fund Management S.A.281,194$10.1M0.13%+197,614+236.4%Added
California Public Employees Retirement System275,159$9.88M0.01%+9,108+3.4%Added
Jupiter Asset Management Ltd270,999$9.73M0.09%−158,733−36.9%Reduced
Qube Research & Technologies Ltd268,377$9.64M0.01%+268,377New
Stifel Financial Corp267,682$9.61M0.01%+31,979+13.6%Added
Raymond James Financial Inc267,204$9.60M0.00%+10,018+3.9%Added
Prudential Financial Inc256,319$9.20M0.01%+54,689+27.1%Added
FMR LLC253,899$9.12M0.00%+20,809+8.9%Added
National Bank of Canada243,629$8.75M0.01%−73,336−23.1%Reduced
Susquehanna Fundamental Investments, LLC235,606$8.46M0.14%−52,393−18.2%Reduced
BNP Paribas Arbitrage, SA229,683$8.25M0.01%+72,503+46.1%Added
New York State Teachers Retirement System219,888$7.90M0.02%−4,021−1.8%Reduced
Oak Harbor Wealth Partners, LLC219,584$7.89M2.25%00.0%Unchanged
Quantbot Technologies LP219,376$7.88M0.25%+19,426+9.7%Added
Alliancebernstein L.P.211,081$7.58M0.00%−4,790−2.2%Reduced
Macquarie Group Ltd208,034$7.47M0.01%−39,182−15.8%Reduced
Allspring Global Investments Holdings, LLC204,010$7.35M0.01%+51,823+34.1%Added
Hotchkis & Wiley Capital Management LLC198,480$7.13M0.02%−12,120−5.8%Reduced
Citigroup Inc195,685$7.03M0.01%−161,895−45.3%Reduced
Great West Life Assurance Co194,834$7.00M0.01%−14,591−7.0%Reduced
Barclays PLC190,850$6.85M0.00%+73,507+62.6%Added
Schonfeld Strategic Advisors LLC188,574$6.77M0.05%+30,765+19.5%Added
Ci Investments Inc.187,298$6.73M0.03%−10,459−5.3%Reduced
Janney Montgomery Scott LLC184,957$6.64M0.02%+33,644+22.2%Added
American Century Companies Inc180,079$6.47M0.00%+131,566+271.2%Added
Jane Street Group, LLC170,981$6.14M0.01%−136,531−44.4%Reduced
Interval Partners, LP170,232$6.11M0.22%+88,246+107.6%Added
Icon Advisers Inc167,225$6.01M1.40%00.0%Unchanged
Truist Financial Corp166,149$5.97M0.01%−9,507−5.4%Reduced
State Board of Administration of Florida Retirement System166,099$5.96M0.01%−14,660−8.1%Reduced
Woodline Partners LP166,041$5.96M0.04%+166,041New
Verition Fund Management LLC164,156$5.89M0.03%+72,172+78.5%Added
Illinois Municipal Retirement Fund160,982$5.78M0.08%−3,089−1.9%Reduced
D. E. Shaw & Co., Inc.160,316$5.76M0.01%+144,997+946.5%Added
Kempner Capital Management Inc.158,906$5.71M3.21%00.0%Unchanged
California State Teachers Retirement System157,415$5.65M0.01%−1,818−1.1%Reduced
Squarepoint Ops LLC156,728$5.63M0.01%−168,981−51.9%Reduced
Advisor Group Holdings, Inc.155,736$5.59M0.01%+54,400+53.7%Added
O'Shaughnessy Asset Management, LLC154,639$5.55M0.04%+126,185+443.5%Added
Robeco Institutional Asset Management B.V.154,365$5.54M0.01%−14,079−8.4%Reduced
Jessup Wealth Management, Inc154,018$5.53M2.32%+154,018New
Algert Global LLC150,289$5.40M0.13%−116,055−43.6%Reduced
Daymark Wealth Partners, LLC150,201$5.39M0.23%+139,988+1,370.7%Added
The PNC Financial Services Group, Inc.149,866$5.38M0.00%−120−0.1%Reduced
Jump Financial, LLC142,185$5.11M0.08%−15,974−10.1%Reduced
Loudon Investment Management, LLC134,614$4.83M2.76%+6,065+4.7%Added
Edgestream Partners, L.P.132,693$4.77M0.16%+132,693New