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, Q3 2025
Institutional positions in Lincoln National Corp as of Sep 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
- 605
- +48 vs. Q2 2025
- Shares held
- 134.3M
- +4.65M (+3.6%) vs. Q2 2025
- Total value
- $5.41B
- +$928.7M (+20.7%) vs. Q2 2025
- New holders
- 89
- 193 more added
- Sold out
- 41
- 194 more reduced
10 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 619 | $5.80B |
| Q1 2026 | 616 | $5.56B |
| Q4 2025 | 627 | $7.03B |
| Q3 2025 | 605 | $5.41B |
| Q2 2025 | 567 | $4.59B |
| Q1 2025 | 570 | $4.62B |
| Q4 2024 | 558 | $4.00B |
| Q3 2024 | 532 | $3.96B |
| Q2 2024 | 536 | $3.93B |
| Q1 2024 | 503 | $3.94B |
| Q4 2023 | 506 | $3.34B |
| Q3 2023 | 478 | $3.11B |
| Q2 2023 | 496 | $3.18B |
| Q1 2023 | 493 | $2.92B |
| Q4 2022 | 576 | $4.28B |
| Q3 2022 | 618 | $5.92B |
| Q2 2022 | 631 | $6.11B |
| Q1 2022 | 653 | $8.43B |
| Q4 2021 | 675 | $9.13B |
| Q3 2021 | 637 | $9.73B |
| Q2 2021 | 620 | $9.10B |
| Q1 2021 | 629 | $9.14B |
Institutions, Q3 2025
Shares, value and share of portfolio for each institution holding Lincoln National Corp; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 19,903,720 | $802.7M | 0.01% | +1,183,934+6.3% | Added |
| BlackRock, Inc. | 18,427,376 | $743.2M | 0.01% | +1,944,841+11.8% | Added |
| State Street Corp | 5,977,400 | $241.1M | 0.01% | −222,126−3.6% | Reduced |
| Massachusetts Financial Services Co | 5,952,166 | $240.1M | 0.07% | +1,035,505+21.1% | Added |
| Dimensional Fund Advisors LP | 5,730,727 | $231.1M | 0.05% | +1,157,599+25.3% | Added |
| Price T Rowe Associates Inc | 5,204,381 | $209.9M | 0.02% | +1,403,500+36.9% | Added |
| First Trust Advisors LP | 4,879,862 | $196.8M | 0.15% | +234,415+5.0% | Added |
| Morgan Stanley | 4,237,638 | $170.9M | 0.01% | +333,762+8.5% | Added |
| Geode Capital Management, LLC | 2,944,353 | $118.8M | 0.01% | +46,503+1.6% | Added |
| LSV Asset Management | 2,614,739 | $105.5M | 0.23% | −121,441−4.4% | Reduced |
| Royal Bank of Canada | 2,437,002 | $98.3M | 0.02% | +1,018,234+71.8% | Added |
| Principal Financial Group Inc | 2,332,584 | $94.1M | 0.05% | −460,864−16.5% | Reduced |
| Jennison Associates LLC | 2,319,323 | $93.5M | 0.05% | +1,056,710+83.7% | Added |
| Charles Schwab Investment Management Inc | 2,067,216 | $83.4M | 0.01% | +8,014+0.4% | Added |
| Northern Trust Corp | 2,021,656 | $81.5M | 0.01% | −449,510−18.2% | Reduced |
| Bank of New York Mellon Corp | 1,902,625 | $76.7M | 0.01% | −8,831−0.5% | Reduced |
| UBS Group AG | 1,758,259 | $70.9M | 0.01% | +382,599+27.8% | Added |
| Goldman Sachs Group Inc | 1,576,114 | $63.6M | 0.01% | +37,591+2.4% | Added |
| Invesco Ltd. | 1,421,386 | $57.3M | 0.01% | −179,432−11.2% | Reduced |
| HSBC Holdings PLC | 1,227,199 | $49.0M | 0.03% | −418,797−25.4% | Reduced |
| Bank of America Corp | 1,193,751 | $48.1M | 0.00% | −19,494−1.6% | Reduced |
| Barclays PLC | 1,148,527 | $46.3M | 0.02% | −227,839−16.6% | Reduced |
| Algebris (UK) Ltd | 1,092,893 | $44.0M | 4.99% | −416,257−27.6% | Reduced |
| Balyasny Asset Management LLC | 1,021,916 | $41.2M | 0.08% | +1,005,624+6,172.5% | Added |
| Wells Fargo & Company | 902,410 | $36.4M | 0.01% | −76,294−7.8% | Reduced |
| Citadel Advisors LLC | 862,218 | $34.8M | 0.03% | −12,047−1.4% | Reduced |
| AQR Capital Management LLC | 819,015 | $33.0M | 0.02% | −235,094−22.3% | Reduced |
| Victory Capital Management Inc | 817,555 | $33.0M | 0.02% | −49,091−5.7% | Reduced |
| Marshall Wace, LLP | 739,661 | $29.8M | 0.03% | +739,661 | New |
| Public Sector Pension Investment Board | 658,125 | $26.5M | 0.10% | +76,074+13.1% | Added |
| Advisors Capital Management, LLC | 569,180 | $23.0M | 0.28% | +18,687+3.4% | Added |
| Millennium Management LLC | 557,312 | $22.5M | 0.02% | −39,593−6.6% | Reduced |
| Amundi | 553,142 | $22.3M | 0.01% | +174,963+46.3% | Added |
| Miller Value Partners, LLC | 520,676 | $21.0M | 7.72% | −48,804−8.6% | Reduced |
| Easterly Investment Partners LLC | 517,898 | $20.9M | 1.41% | −46,267−8.2% | Reduced |
| Ameriprise Financial Inc | 514,964 | $20.8M | 0.00% | −39,085−7.1% | Reduced |
| LPL Financial LLC | 497,745 | $20.1M | 0.01% | −180,925−26.7% | Reduced |
| Legal & General Group Plc | 496,501 | $20.0M | 0.00% | −21,282−4.1% | Reduced |
| UBS Asset Management Americas Inc | 494,559 | $19.9M | 0.00% | −314,073−38.8% | Reduced |
| Daymark Wealth Partners, LLC | 453,768 | $18.3M | 0.62% | −9,851−2.1% | Reduced |
| MetLife Investment Management | 451,771 | $18.2M | 0.09% | −563−0.1% | Reduced |
| SEI Investments Co | 440,137 | $17.7M | 0.02% | +50,771+13.0% | Added |
| First Eagle Investment Management, LLC | 409,950 | $16.5M | 0.03% | −48,700−10.6% | Reduced |
| Squarepoint Ops LLC | 394,116 | $15.9M | 0.03% | −198,734−33.5% | Reduced |
| Rhumbline Advisers | 393,710 | $15.9M | 0.01% | −1,098−0.3% | Reduced |
| CBOE Vest Financial, LLC | 384,803 | $15.5M | 0.20% | +31,441+8.9% | Added |
| Hudson Bay Capital Management LP | 355,911 | $14.4M | 0.09% | +355,911 | New |
| Two Sigma Investments, LP | 351,943 | $14.2M | 0.02% | −159,413−31.2% | Reduced |
| Nuveen, LLC | 341,464 | $13.8M | 0.00% | −29,012−7.8% | Reduced |
| CSM Advisors, LLC | 334,254 | $13.5M | 0.38% | +334,254 | New |
| Bridgewater Associates, LP | 330,768 | $13.3M | 0.05% | −163,116−33.0% | Reduced |
| Swiss National Bank | 330,700 | $13.3M | 0.01% | +4,500+1.4% | Added |
| Advisor Group Holdings, Inc. | 321,639 | $13.2M | 0.02% | +70,888+28.3% | Added |
| California Public Employees Retirement System | 317,767 | $12.8M | 0.01% | +16,708+5.5% | Added |
| Stifel Financial Corp | 317,364 | $12.8M | 0.01% | +3,409+1.1% | Added |
| Raymond James Financial Inc | 313,927 | $12.7M | 0.00% | +7,461+2.4% | Added |
| Colony Group, LLC | 311,598 | $12.6M | 0.02% | +293,284+1,601.4% | Added |
| Commonwealth Equity Services, LLC | 285,105 | $11.5M | 0.01% | +143,862+101.9% | Added |
| Arrowstreet Capital, Limited Partnership | 284,965 | $11.5M | 0.01% | −865,356−75.2% | Reduced |
| Interval Partners, LP | 284,343 | $11.5M | 0.25% | +37,816+15.3% | Added |
| Prudential Financial Inc | 254,152 | $10.2M | 0.01% | +11,360+4.7% | Added |
| Hotchkis & Wiley Capital Management LLC | 249,254 | $10.1M | 0.03% | +45,824+22.5% | Added |
| Point72 Asset Management, L.P. | 227,423 | $9.17M | 0.02% | +227,423 | New |
| Jump Financial, LLC | 225,911 | $9.11M | 0.12% | −19,865−8.1% | Reduced |
| Illinois Municipal Retirement Fund | 224,658 | $9.06M | 0.12% | −35,995−13.8% | Reduced |
| Oak Harbor Wealth Partners, LLC | 219,675 | $8.86M | 2.19% | −190.0% | Reduced |
| Alliancebernstein L.P. | 218,230 | $8.80M | 0.00% | +56,488+34.9% | Added |
| Cyndeo Wealth Partners, LLC | 216,765 | $8.74M | 0.49% | −4,853−2.2% | Reduced |
| Great Lakes Advisors, LLC | 207,474 | $8.37M | 0.07% | +197,823+2,049.8% | Added |
| JPMorgan Chase & Co | 207,129 | $8.35M | 0.00% | −210,901−50.5% | Reduced |
| AXA Investment Managers S.A. | 207,029 | $8.35M | 0.02% | +207,029 | New |
| Allspring Global Investments Holdings, LLC | 203,931 | $8.18M | 0.01% | +47,419+30.3% | Added |
| New York State Teachers Retirement System | 200,391 | $8.08M | 0.02% | −3,073−1.5% | Reduced |
| Schonfeld Strategic Advisors LLC | 199,994 | $8.07M | 0.06% | +142,287+246.6% | Added |
| Susquehanna International Group, LLP | 199,163 | $8.03M | 0.01% | +574+0.3% | Added |
| Gillson Capital LP | 197,929 | $7.98M | 0.69% | +197,929 | New |
| Cubist Systematic Strategies, LLC | 197,282 | $7.96M | 0.11% | +185,267+1,542.0% | Added |
| Great West Life Assurance Co | 196,617 | $7.95M | 0.01% | −1,674−0.8% | Reduced |
| Access Investment Management LLC | 196,500 | $7.92M | 2.13% | 00.0% | Unchanged |
| Oxbow Advisors, LLC | 189,391 | $7.64M | 0.71% | −1,081−0.6% | Reduced |
| Janney Montgomery Scott LLC | 185,661 | $7.49M | 0.02% | −65,902−26.2% | Reduced |
| Ci Investments Inc. | 181,202 | $7.31M | 0.03% | −13,052−6.7% | Reduced |
| FMR LLC | 177,266 | $7.15M | 0.00% | −26,571−13.0% | Reduced |
| Robeco Institutional Asset Management B.V. | 162,643 | $6.56M | 0.01% | 00.0% | Unchanged |
| BNP Paribas Arbitrage, SA | 162,291 | $6.55M | 0.01% | −578,868−78.1% | Reduced |
| California State Teachers Retirement System | 160,702 | $6.48M | 0.01% | +3,287+2.1% | Added |
| Quantinno Capital Management LP | 160,335 | $6.47M | 0.02% | +23,419+17.1% | Added |
| Susquehanna Fundamental Investments, LLC | 160,111 | $6.46M | 0.25% | −11,876−6.9% | Reduced |
| Citigroup Inc | 157,652 | $6.36M | 0.00% | −7,693−4.7% | Reduced |
| Susquehanna Portfolio Strategies, LLC | 156,399 | $6.31M | 0.10% | 00.0% | Unchanged |
| Truist Financial Corp | 155,386 | $6.27M | 0.01% | −17,502−10.1% | Reduced |
| State Board of Administration of Florida Retirement System | 155,314 | $6.26M | 0.01% | −12,615−7.5% | Reduced |
| New Vernon Investment Management LLC | 154,110 | $6.22M | 5.80% | 00.0% | Unchanged |
| Capital Fund Management S.A. | 151,654 | $6.12M | 0.06% | −42,927−22.1% | Reduced |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 149,441 | $6.03M | 0.01% | −42,492−22.1% | Reduced |
| Thrivent Financial for Lutherans | 148,276 | $5.98M | 0.01% | +22,431+17.8% | Added |
| Schroder Investment Management Group | 147,084 | $5.95M | 0.00% | +58,550+66.1% | Added |
| Gotham Asset Management, LLC | 143,369 | $5.78M | 0.03% | +103,907+263.3% | Added |
| Algert Global LLC | 142,339 | $5.74M | 0.10% | −7,950−5.3% | Reduced |
| Loudon Investment Management, LLC | 139,564 | $5.63M | 2.95% | 00.0% | Unchanged |