Skip to main content

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; 620 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.

Institutional holdersQ3 2025: 605 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: 620 institutions
Value heldQ3 2025: $5.41B
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 2026620$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, Q3 2025

Shares, value and share of portfolio for each institution holding Lincoln National Corp; share changes are against Q2 2025.

Institutions holding LNC in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Saba Capital Management, L.P.134,392$5.42M0.18%−35,733−21.0%Reduced
Jessup Wealth Management, Inc133,166$5.37M2.00%−3,870−2.8%Reduced
The PNC Financial Services Group, Inc.132,165$5.33M0.00%−11,555−8.0%Reduced
American Century Companies Inc127,031$5.12M0.00%−206,297−61.9%Reduced
Icon Advisers Inc120,525$4.86M1.06%−46,700−27.9%Reduced
Federation des caisses Desjardins du Quebec120,433$4.86M0.02%+120,433New
Nisa Investment Advisors, LLC116,116$4.68M0.02%+68,827+145.5%Added
Two Sigma Advisers, LP115,300$4.65M0.01%−837,400−87.9%Reduced
HRT Financial LP111,643$4.50M0.02%−174,755−61.0%Reduced
Exchange Traded Concepts, LLC110,741$4.47M0.04%+35,437+47.1%Added
Waterloo Capital, L.P.109,954$4.43M0.33%+2,645+2.5%Added
Verition Fund Management LLC104,906$4.23M0.02%−3,012−2.8%Reduced
Mirae Asset Global ETFs Holdings Ltd.101,545$4.10M0.01%+13,632+15.5%Added
Deutsche Bank AG100,724$4.06M0.00%−2,893−2.8%Reduced
Cambridge Investment Research Advisors, Inc.98,403$3.97M0.01%+4,021+4.3%Added
New York State Common Retirement Fund98,018$3.95M0.01%−2,600−2.6%Reduced
Jacobs Levy Equity Management, Inc96,749$3.90M0.02%+3,850+4.1%Added
Voya Investment Management LLC95,047$3.83M0.00%−33,366−26.0%Reduced
RK Asset Management, LLC92,570$3.73M3.39%−522−0.6%Reduced
Collar Capital Management, LLC91,043$3.67M2.58%+1,152+1.3%Added
State of Tennessee, Treasury Department90,763$3.66M0.01%00.0%Unchanged
Franklin Resources Inc89,315$3.60M0.00%−7,874−8.1%Reduced
Comerica Bank88,377$3.56M0.01%−14,909−14.4%Reduced
Mitsubishi UFJ Trust & Banking Corp87,998$3.55M0.01%+5,566+6.8%Added
Mork Capital Management, LLC86,680$3.50M2.41%00.0%Unchanged
Hedeker Wealth, LLC86,554$3.49M0.73%+4,227+5.1%Added
Man Group plc86,077$3.47M0.01%+3,901+4.7%Added
State of Alaska, Department of Revenue84,899$3.42M0.03%−16,840−16.6%Reduced
Prosperitas Financial LLC83,863$3.38M1.40%+7,312+9.6%Added
Quantbot Technologies LP83,321$3.36M0.09%−198,278−70.4%Reduced
Virginia Retirement Systems Et Al82,600$3.33M0.02%00.0%Unchanged
Kempner Capital Management Inc.81,775$3.30M2.74%−77,131−48.5%Reduced
Kovitz Investment Group Partners, LLC81,773$3.30M0.01%−4,075−4.7%Reduced
Louisiana State Employees Retirement System77,600$3.13M0.05%−2,200−2.8%Reduced
Cetera Investment Advisers77,503$3.13M0.00%−3,269−4.0%Reduced
Treasurer of the State of North Carolina76,557$3.09M0.01%−2,984−3.8%Reduced
Walleye Capital LLC75,896$3.06M0.02%+75,721+43,269.1%Added
Envestnet Asset Management Inc75,731$3.05M0.00%−27,441−26.6%Reduced
ExodusPoint Capital Management, LP74,105$2.99M0.04%+74,105New
Advisory Services Network, LLC72,606$2.93M0.04%−1,065−1.4%Reduced
Keystone Financial Group70,097$2.90M0.22%+61,403+706.3%Added
Janus Henderson Group PLC71,753$2.89M0.00%00.0%Unchanged
Jaffetilchin Investment Partners, LLC68,652$2.77M0.17%−3,231−4.5%Reduced
Point72 Hong Kong Ltd67,034$2.70M0.12%+35,009+109.3%Added
Woodstock Corp66,793$2.69M0.23%00.0%Unchanged
Naples Global Advisors, LLC61,959$2.50M0.19%−1,719−2.7%Reduced
Oliver Luxxe Assets LLC60,081$2.42M0.38%+20,241+50.8%Added
Cantor Fitzgerald Investment Adviser L.P.59,902$2.42M0.16%−325−0.5%Reduced
Y-Intercept (Hong Kong) Ltd59,742$2.41M0.06%+21,756+57.3%Added
O'Shaughnessy Asset Management, LLC59,705$2.41M0.01%+6,069+11.3%Added
Police & Firemen's Retirement System of New Jersey59,331$2.39M0.02%+9,124+18.2%Added
Waters Parkerson & Co., LLC58,131$2.34M0.11%+1,026+1.8%Added
State of New Jersey Common Pension Fund D57,651$2.33M0.01%00.0%Unchanged
Public Employees Retirement System of Ohio57,145$2.30M0.01%+324+0.6%Added
Yousif Capital Management, LLC57,110$2.30M0.02%−11,970−17.3%Reduced
Private Advisor Group, LLC56,875$2.29M0.01%−7,718−11.9%Reduced
Voloridge Investment Management, LLC56,624$2.28M0.01%+24,416+75.8%Added
Allen Wealth Management, LLC55,646$2.24M1.52%−3,948−6.6%Reduced
Handelsbanken Fonder AB53,000$2.14M0.01%+1,100+2.1%Added
Zurcher Kantonalbank (Zurich Cantonalbank)52,696$2.13M0.00%+8,023+18.0%Added
Amalgamated Bank51,645$2.08M0.01%+121+0.2%Added
Captrust Financial Advisors51,119$2.06M0.00%−669−1.3%Reduced
Arizona State Retirement System50,466$2.04M0.01%+651+1.3%Added
Natixis Advisors, L.P.50,440$2.03M0.00%+9,931+24.5%Added
Cerity Partners LLC49,287$1.99M0.00%+5,786+13.3%Added
GWM Advisors LLC49,104$1.98M0.01%+196+0.4%Added
KLP Kapitalforvaltning AS49,100$1.98M0.01%+13,800+39.1%Added
Simplex Trading, LLC48,786$1.97M0.04%+47,784+4,768.9%Added
Pathstone Holdings, LLC48,753$1.97M0.01%+2,525+5.5%Added
Teachers Retirement System of the State of Kentucky48,582$1.96M0.01%−1,594−3.2%Reduced
Royce & Associates LP48,299$1.95M0.02%+7,932+19.6%Added
Ensign Peak Advisors, Inc47,913$1.93M0.00%+9,505+24.7%Added
Insight Inv LLC47,877$1.93M1.13%+6,767+16.5%Added
Beacon Pointe Advisors, LLC47,223$1.90M0.02%−17,708−27.3%Reduced
Kestra Advisory Services, LLC45,662$1.84M0.01%−12,346−21.3%Reduced
Freestone Grove Partners LP45,014$1.82M0.01%+45,014New
JustInvest LLC44,674$1.80M0.02%+1,388+3.2%Added
Benjamin Edwards Inc44,667$1.80M0.02%−2,087−4.5%Reduced
Northwestern Mutual Wealth Management Co44,196$1.78M0.00%−1,817−3.9%Reduced
Sanctuary Advisors, LLC43,797$1.77M0.01%+4,893+12.6%Added
Jones Financial Companies LLLP43,163$1.76M0.00%+8,200+23.5%Added
Caxton Associates LLP43,449$1.75M0.05%−58,599−57.4%Reduced
Elo Mutual Pension Insurance Co43,165$1.74M0.03%+21,437+98.7%Added
Sterling Capital Management LLC43,009$1.73M0.03%+31,461+272.4%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys42,970$1.73M0.01%−864−2.0%Reduced
New Century Financial Group, LLC42,544$1.72M3.05%−1,135−2.6%Reduced
Hussman Strategic Advisors, Inc.42,000$1.69M0.37%+42,000New
HighTower Advisors, LLC41,614$1.68M0.00%+7,308+21.3%Added
Prevail Innovative Wealth Advisors, LLC40,857$1.65M0.32%+19,286+89.4%Added
Teacher Retirement System of Texas40,722$1.64M0.01%−9,724−19.3%Reduced
CI Private Wealth, LLC40,531$1.63M0.00%+2,831+7.5%Added
Bank of Montreal40,290$1.62M0.00%−14,933−27.0%Reduced
Russell Investments Group, Ltd.40,179$1.62M0.00%−12,938−24.4%Reduced
US Bancorp39,816$1.61M0.00%−293−0.7%Reduced
D. E. Shaw & Co., Inc.39,558$1.60M0.00%+13,672+52.8%Added
Trust Investment Advisors39,532$1.59M0.90%+1,683+4.4%Added
Tudor Investment Corp Et Al39,384$1.59M0.01%+39,384New
Huntleigh Advisors, Inc.39,345$1.59M0.27%−753−1.9%Reduced
Occudo Quantitative Strategies LP39,283$1.58M0.19%+39,283New
Allianz Asset Management GmbH39,143$1.58M0.00%+7,512+23.7%Added