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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, Q2 2025

Institutional positions in Lincoln National Corp as of Jun 30, 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
567
0 vs. Q1 2025
Shares held
132.7M
+3.84M (+3.0%) vs. Q1 2025
Total value
$4.59B
−$29.8M (−0.6%) vs. Q1 2025
New holders
68
202 more added
Sold out
68
184 more reduced

3 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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 holdersQ2 2025: 567 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 heldQ2 2025: $4.59B
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, Q2 2025

Shares, value and share of portfolio for each institution holding Lincoln National Corp; share changes are against Q1 2025.

Institutions holding LNC in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc18,719,786$647.7M0.01%−131,559−0.7%Reduced
BlackRock, Inc.16,482,535$570.3M0.01%−49,036−0.3%Reduced
State Street Corp6,199,526$214.5M0.01%+40,676+0.7%Added
Massachusetts Financial Services Co4,916,661$170.1M0.05%+61,873+1.3%Added
First Trust Advisors LP4,645,447$160.7M0.13%+774,721+20.0%Added
Dimensional Fund Advisors LP4,573,128$158.2M0.04%+1,488,695+48.3%Added
Morgan Stanley3,903,876$135.1M0.01%−9,878−0.3%Reduced
Price T Rowe Associates Inc3,800,881$131.5M0.01%+3,693,867+3,451.8%Added
Geode Capital Management, LLC2,897,850$100.3M0.01%−18,148−0.6%Reduced
Principal Financial Group Inc2,793,448$96.7M0.05%−222,966−7.4%Reduced
LSV Asset Management2,736,180$94.7M0.22%+394,584+16.9%Added
Norges Bank2,524,927$87.4M0.01%−1,703−0.1%Reduced
Northern Trust Corp2,471,166$85.5M0.01%−95,108−3.7%Reduced
Charles Schwab Investment Management Inc2,059,202$71.2M0.01%+27,291+1.3%Added
Bank of New York Mellon Corp1,911,456$66.1M0.01%−122,648−6.0%Reduced
HSBC Holdings PLC1,645,996$57.3M0.04%−434,465−20.9%Reduced
Invesco Ltd.1,600,818$55.4M0.01%+2,905+0.2%Added
Goldman Sachs Group Inc1,538,523$53.2M0.01%−54,886−3.4%Reduced
Algebris (UK) Ltd1,509,150$52.1M8.22%+554,326+58.1%Added
Royal Bank of Canada1,418,768$49.1M0.01%+1,023,691+259.1%Added
Hennessy Advisors Inc1,402,000$48.5M1.62%−154,700−9.9%Reduced
Barclays PLC1,376,366$47.6M0.02%+1,185,516+621.2%Added
UBS Group AG1,375,660$47.6M0.01%−346,406−20.1%Reduced
Jennison Associates LLC1,262,613$43.7M0.03%+1,262,613New
Bank of America Corp1,213,245$42.0M0.00%+101,793+9.2%Added
Arrowstreet Capital, Limited Partnership1,150,321$39.8M0.03%−256,507−18.2%Reduced
AQR Capital Management LLC1,054,109$36.5M0.03%−987,819−48.4%Reduced
Wells Fargo & Company978,704$33.9M0.01%+32,963+3.5%Added
Two Sigma Advisers, LP952,700$33.0M0.07%−624,000−39.6%Reduced
Alyeska Investment Group, L.P.895,156$31.0M0.11%+895,156New
Citadel Advisors LLC874,265$30.2M0.03%−797,965−47.7%Reduced
Victory Capital Management Inc866,646$30.0M0.02%+4,853+0.6%Added
UBS Asset Management Americas Inc808,632$28.0M0.01%+185,310+29.7%Added
BNP Paribas Arbitrage, SA741,159$25.6M0.02%+511,476+222.7%Added
LPL Financial LLC678,670$23.5M0.01%+93,574+16.0%Added
Millennium Management LLC596,905$20.7M0.02%−579,708−49.3%Reduced
Squarepoint Ops LLC592,850$20.5M0.05%+436,122+278.3%Added
Public Sector Pension Investment Board582,051$20.1M0.09%+41,872+7.8%Added
Miller Value Partners, LLC569,480$19.7M8.36%+50,225+9.7%Added
Easterly Investment Partners LLC564,165$19.5M1.40%−22,776−3.9%Reduced
Ameriprise Financial Inc554,049$19.2M0.00%−17,831−3.1%Reduced
Advisors Capital Management, LLC550,493$19.0M0.26%+8,901+1.6%Added
Legal & General Group Plc517,783$17.9M0.00%−5,655−1.1%Reduced
Two Sigma Investments, LP511,356$17.7M0.03%−399,032−43.8%Reduced
Bridgewater Associates, LP493,884$17.1M0.07%+20,251+4.3%Added
Daymark Wealth Partners, LLC463,619$16.0M0.61%+313,418+208.7%Added
First Eagle Investment Management, LLC458,650$15.9M0.03%−59,000−11.4%Reduced
MetLife Investment Management452,334$15.7M0.09%+449,276+14,691.8%Added
JPMorgan Chase & Co418,030$14.5M0.00%+26,376+6.7%Added
Rhumbline Advisers394,808$13.7M0.01%−11,523−2.8%Reduced
SEI Investments Co389,366$13.5M0.02%+282,932+265.8%Added
Amundi378,179$13.2M0.00%+307,839+437.6%Added
Nuveen, LLC370,476$12.8M0.00%+18,353+5.2%Added
CBOE Vest Financial, LLC353,362$12.2M0.17%+36,492+11.5%Added
American Century Companies Inc333,328$11.5M0.01%+153,249+85.1%Added
Cambria Investment Management, L.P.328,047$11.4M0.76%−37,614−10.3%Reduced
Swiss National Bank326,200$11.3M0.01%−3,800−1.2%Reduced
Stifel Financial Corp313,955$10.9M0.01%+46,273+17.3%Added
Raymond James Financial Inc306,466$10.6M0.00%+39,262+14.7%Added
California Public Employees Retirement System301,059$10.4M0.01%+25,900+9.4%Added
Churchill Management Corp300,271$10.4M0.11%+4,039+1.4%Added
HRT Financial LP286,398$9.91M0.04%+286,398New
Quantbot Technologies LP281,599$9.74M0.25%+62,223+28.4%Added
Illinois Municipal Retirement Fund260,653$9.02M0.12%+99,671+61.9%Added
Janney Montgomery Scott LLC251,563$8.70M0.02%+66,606+36.0%Added
Advisor Group Holdings, Inc.250,751$8.68M0.02%+95,015+61.0%Added
Interval Partners, LP246,527$8.53M0.19%+76,295+44.8%Added
Jump Financial, LLC245,776$8.50M0.10%+103,591+72.9%Added
Prudential Financial Inc242,792$8.40M0.01%−13,527−5.3%Reduced
Cyndeo Wealth Partners, LLC221,618$7.67M0.45%+221,618New
AXA S.A.221,403$7.66M0.02%+221,403New
Oak Harbor Wealth Partners, LLC219,694$7.60M2.05%+110+0.1%Added
Engineers Gate Manager LP210,090$7.27M0.09%+94,924+82.4%Added
FMR LLC203,837$7.05M0.00%−50,062−19.7%Reduced
New York State Teachers Retirement System203,464$7.04M0.01%−16,424−7.5%Reduced
Hotchkis & Wiley Capital Management LLC203,430$7.04M0.02%+4,950+2.5%Added
Congress Wealth Management LLC199,783$6.91M0.07%+98,876+98.0%Added
Susquehanna International Group, LLP198,589$6.87M0.01%+152,787+333.6%Added
Great West Life Assurance Co198,291$6.87M0.01%+3,457+1.8%Added
Access Investment Management LLC196,500$6.80M1.94%+196,500New
Capital Fund Management S.A.194,581$6.73M0.07%−86,613−30.8%Reduced
Ci Investments Inc.194,254$6.72M0.03%+6,956+3.7%Added
Universal- Beteiligungs- und Servicegesellschaft mbH191,933$6.64M0.01%+93,815+95.6%Added
Oxbow Advisors, LLC190,472$6.59M0.72%+190,472New
Truist Financial Corp172,888$5.98M0.01%+6,739+4.1%Added
Susquehanna Fundamental Investments, LLC171,987$5.95M0.16%−63,619−27.0%Reduced
Saba Capital Management, L.P.170,125$5.89M0.16%+42,500+33.3%Added
State Board of Administration of Florida Retirement System167,929$5.81M0.01%+1,830+1.1%Added
Icon Advisers Inc167,225$5.79M1.32%00.0%Unchanged
Citigroup Inc165,345$5.72M0.00%−30,340−15.5%Reduced
Robeco Institutional Asset Management B.V.162,643$5.63M0.01%+8,278+5.4%Added
Alliancebernstein L.P.161,742$5.60M0.00%−49,339−23.4%Reduced
Kempner Capital Management Inc.158,906$5.50M2.94%00.0%Unchanged
Allspring Global Investments Holdings, LLC156,512$5.46M0.01%−47,498−23.3%Reduced
California State Teachers Retirement System157,415$5.45M0.01%00.0%Unchanged
Susquehanna Portfolio Strategies, LLC156,399$5.41M0.12%+156,399New
New Vernon Investment Management LLC154,110$5.33M6.20%+154,110New
Algert Global LLC150,289$5.20M0.11%00.0%Unchanged
The PNC Financial Services Group, Inc.143,720$4.97M0.00%−6,146−4.1%Reduced
Commonwealth Equity Services, LLC141,243$4.89M0.01%+15,434+12.3%Added