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, Q4 2025
Institutional positions in Lincoln National Corp as of Dec 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
- 627
- +36 vs. Q3 2025
- Shares held
- 157.9M
- +24.3M (+18.1%) vs. Q3 2025
- Total value
- $7.03B
- +$1.64B (+30.4%) vs. Q3 2025
- New holders
- 100
- 214 more added
- Sold out
- 64
- 183 more reduced
14 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2025
Shares, value and share of portfolio for each institution holding Lincoln National Corp; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 19,741,163 | $879.1M | 0.01% | −162,557−0.8% | Reduced |
| Bain Capital Prairie, LLC | 18,759,497 | $835.4M | 100.00% | +18,759,497 | New |
| BlackRock, Inc. | 18,552,669 | $826.2M | 0.01% | +125,293+0.7% | Added |
| Dimensional Fund Advisors LP | 6,233,327 | $277.6M | 0.06% | +502,600+8.8% | Added |
| State Street Corp | 5,895,772 | $262.5M | 0.01% | −81,628−1.4% | Reduced |
| Massachusetts Financial Services Co | 5,887,841 | $262.2M | 0.08% | −64,325−1.1% | Reduced |
| Price T Rowe Associates Inc | 5,208,356 | $231.9M | 0.03% | +3,975+0.1% | Added |
| First Trust Advisors LP | 4,784,370 | $213.0M | 0.15% | −95,492−2.0% | Reduced |
| Morgan Stanley | 4,062,903 | $180.9M | 0.01% | −174,735−4.1% | Reduced |
| Jennison Associates LLC | 3,681,158 | $163.9M | 0.10% | +1,361,835+58.7% | Added |
| Geode Capital Management, LLC | 2,959,195 | $131.8M | 0.01% | +14,842+0.5% | Added |
| LSV Asset Management | 2,572,936 | $114.6M | 0.25% | −41,803−1.6% | Reduced |
| Principal Financial Group Inc | 2,312,254 | $103.0M | 0.05% | −20,330−0.9% | Reduced |
| Norges Bank | 2,270,699 | $101.1M | 0.01% | +2,270,699 | New |
| Charles Schwab Investment Management Inc | 2,077,984 | $92.5M | 0.01% | +10,768+0.5% | Added |
| Balyasny Asset Management LLC | 1,943,422 | $86.5M | 0.16% | +921,506+90.2% | Added |
| Northern Trust Corp | 1,943,202 | $86.5M | 0.01% | −78,454−3.9% | Reduced |
| Bank of New York Mellon Corp | 1,797,919 | $80.1M | 0.01% | −104,706−5.5% | Reduced |
| Goldman Sachs Group Inc | 1,700,641 | $75.7M | 0.01% | +124,527+7.9% | Added |
| UBS Group AG | 1,558,881 | $69.4M | 0.01% | −199,378−11.3% | Reduced |
| Invesco Ltd. | 1,381,058 | $61.5M | 0.01% | −40,328−2.8% | Reduced |
| Bank of America Corp | 1,364,442 | $60.8M | 0.00% | +170,691+14.3% | Added |
| HSBC Holdings PLC | 1,360,587 | $60.5M | 0.03% | +133,388+10.9% | Added |
| AQR Capital Management LLC | 1,214,186 | $54.1M | 0.03% | +395,171+48.2% | Added |
| Millennium Management LLC | 1,078,128 | $48.0M | 0.03% | +520,816+93.5% | Added |
| Marshall Wace, LLP | 980,953 | $43.7M | 0.04% | +241,292+32.6% | Added |
| Allianz Asset Management GmbH | 868,881 | $38.7M | 0.04% | +829,738+2,119.8% | Added |
| Victory Capital Management Inc | 803,829 | $35.8M | 0.02% | −13,726−1.7% | Reduced |
| Wells Fargo & Company | 746,919 | $33.3M | 0.01% | −155,491−17.2% | Reduced |
| Jupiter Asset Management Ltd | 715,633 | $31.9M | 0.26% | +715,633 | New |
| Interval Partners, LP | 616,491 | $27.5M | 0.64% | +332,148+116.8% | Added |
| Public Sector Pension Investment Board | 585,108 | $26.1M | 0.09% | −73,017−11.1% | Reduced |
| Algebris (UK) Ltd | 583,777 | $26.0M | 2.06% | −509,116−46.6% | Reduced |
| Advisors Capital Management, LLC | 573,705 | $25.5M | 0.30% | +4,525+0.8% | Added |
| Ameriprise Financial Inc | 557,399 | $24.8M | 0.01% | +42,435+8.2% | Added |
| Arbejdsmarkedets Tillaegspension | 539,276 | $24.0M | 0.61% | +539,276 | New |
| Mackenzie Financial Corp | 533,823 | $23.9M | 0.03% | +501,120+1,532.3% | Added |
| Alyeska Investment Group, L.P. | 530,693 | $23.6M | 0.07% | +510,205+2,490.3% | Added |
| Allspring Global Investments Holdings, LLC | 524,643 | $23.6M | 0.04% | +320,712+157.3% | Added |
| CSM Advisors, LLC | 528,853 | $23.5M | 0.64% | +194,599+58.2% | Added |
| LPL Financial LLC | 521,133 | $23.2M | 0.01% | +23,388+4.7% | Added |
| Jain Global LLC | 518,003 | $23.1M | 0.23% | +518,003 | New |
| Miller Value Partners, LLC | 504,761 | $22.5M | 7.92% | −15,915−3.1% | Reduced |
| UBS Asset Management Americas Inc | 490,149 | $21.8M | 0.00% | −4,410−0.9% | Reduced |
| Easterly Investment Partners LLC | 481,284 | $21.4M | 1.32% | −36,614−7.1% | Reduced |
| SEI Investments Co | 477,283 | $21.3M | 0.02% | +37,146+8.4% | Added |
| Legal & General Group Plc | 476,325 | $21.2M | 0.00% | −20,176−4.1% | Reduced |
| MetLife Investment Management | 452,304 | $20.1M | 0.10% | +533+0.1% | Added |
| Daymark Wealth Partners, LLC | 450,978 | $20.1M | 0.64% | −2,790−0.6% | Reduced |
| Amundi | 425,474 | $18.9M | 0.01% | −127,668−23.1% | Reduced |
| CBOE Vest Financial, LLC | 413,428 | $18.4M | 0.23% | +28,625+7.4% | Added |
| First Eagle Investment Management, LLC | 409,936 | $18.3M | 0.03% | −140.0% | Reduced |
| Rhumbline Advisers | 400,135 | $17.8M | 0.01% | +6,425+1.6% | Added |
| Hudson Bay Capital Management LP | 380,224 | $16.9M | 0.10% | +24,313+6.8% | Added |
| Freestone Grove Partners LP | 363,384 | $16.2M | 0.12% | +318,370+707.3% | Added |
| Royal Bank of Canada | 360,514 | $16.1M | 0.00% | −2,076,488−85.2% | Reduced |
| Colony Group, LLC | 341,730 | $15.2M | 0.02% | +30,132+9.7% | Added |
| Swiss National Bank | 336,400 | $15.0M | 0.01% | +5,700+1.7% | Added |
| California Public Employees Retirement System | 332,090 | $14.8M | 0.01% | +14,323+4.5% | Added |
| Nuveen, LLC | 324,758 | $14.5M | 0.00% | −16,706−4.9% | Reduced |
| Gillson Capital LP | 306,080 | $13.6M | 0.89% | +108,151+54.6% | Added |
| Gotham Asset Management, LLC | 304,861 | $13.6M | 0.05% | +161,492+112.6% | Added |
| Raymond James Financial Inc | 291,885 | $13.0M | 0.00% | −22,042−7.0% | Reduced |
| Stifel Financial Corp | 285,489 | $12.7M | 0.01% | −31,875−10.0% | Reduced |
| Advisor Group Holdings, Inc. | 272,393 | $12.1M | 0.02% | −49,246−15.3% | Reduced |
| Hotchkis & Wiley Capital Management LLC | 250,852 | $11.2M | 0.03% | +1,598+0.6% | Added |
| Prudential Financial Inc | 244,390 | $10.9M | 0.01% | −9,762−3.8% | Reduced |
| Bridgewater Associates, LP | 244,301 | $10.9M | 0.04% | −86,467−26.1% | Reduced |
| Man Group plc | 237,379 | $10.6M | 0.02% | +151,302+175.8% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 233,764 | $10.4M | 0.01% | +232,069+13,691.4% | Added |
| Oxbow Advisors, LLC | 231,208 | $10.3M | 0.91% | +41,817+22.1% | Added |
| Cyndeo Wealth Partners, LLC | 224,376 | $9.99M | 0.54% | +7,611+3.5% | Added |
| Oak Harbor Wealth Partners, LLC | 219,565 | $9.78M | 2.35% | −110−0.1% | Reduced |
| JPMorgan Chase & Co | 217,257 | $9.67M | 0.00% | +10,128+4.9% | Added |
| Illinois Municipal Retirement Fund | 206,104 | $9.18M | 0.12% | −18,554−8.3% | Reduced |
| Janney Montgomery Scott LLC | 205,403 | $9.15M | 0.02% | +19,742+10.6% | Added |
| Barclays PLC | 202,942 | $9.04M | 0.00% | −945,585−82.3% | Reduced |
| New York State Teachers Retirement System | 197,112 | $8.78M | 0.02% | −3,279−1.6% | Reduced |
| Citadel Advisors LLC | 195,197 | $8.69M | 0.01% | −667,021−77.4% | Reduced |
| American Century Companies Inc | 188,990 | $8.42M | 0.00% | +61,959+48.8% | Added |
| Wiley Bros.-Aintree Capital, LLC | 186,704 | $8.31M | 0.04% | +186,704 | New |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 186,600 | $8.31M | 0.01% | +37,159+24.9% | Added |
| Alliancebernstein L.P. | 185,361 | $8.25M | 0.00% | −32,869−15.1% | Reduced |
| Quantinno Capital Management LP | 180,474 | $8.04M | 0.02% | +20,139+12.6% | Added |
| Great West Life Assurance Co | 180,461 | $8.04M | 0.01% | −16,156−8.2% | Reduced |
| Access Investment Management LLC | 196,500 | $7.92M | 2.13% | 00.0% | Unchanged |
| FMR LLC | 177,832 | $7.92M | 0.00% | +566+0.3% | Added |
| Bessemer Group Inc | 162,628 | $7.24M | 0.01% | +137,409+544.9% | Added |
| Ci Investments Inc. | 161,999 | $7.21M | 0.03% | −19,203−10.6% | Reduced |
| California State Teachers Retirement System | 160,524 | $7.15M | 0.01% | −178−0.1% | Reduced |
| Susquehanna Fundamental Investments, LLC | 160,111 | $7.13M | 0.24% | 00.0% | Unchanged |
| Schonfeld Strategic Advisors LLC | 159,520 | $7.10M | 0.04% | −40,474−20.2% | Reduced |
| Truist Financial Corp | 159,076 | $7.08M | 0.01% | +3,690+2.4% | Added |
| HRT Financial LP | 158,677 | $7.07M | 0.02% | +47,034+42.1% | Added |
| Great Lakes Advisors, LLC | 158,149 | $7.04M | 0.06% | −49,325−23.8% | Reduced |
| Susquehanna Portfolio Strategies, LLC | 156,399 | $6.96M | 0.11% | 00.0% | Unchanged |
| Robeco Institutional Asset Management B.V. | 154,922 | $6.90M | 0.01% | −7,721−4.7% | Reduced |
| New Vernon Investment Management LLC | 154,110 | $6.86M | 6.68% | 00.0% | Unchanged |
| Schroder Investment Management Group | 148,191 | $6.66M | 0.01% | +1,107+0.8% | Added |
| Commonwealth Equity Services, LLC | 148,514 | $6.61M | 0.01% | −136,591−47.9% | Reduced |