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, 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 | 620 | $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 |
|---|---|---|---|---|---|
| Guyasuta Investment Advisors Inc | 30,000 | $1.34M | 0.08% | 00.0% | Unchanged |
| Keynote Financial Services LLC | 30,035 | $1.34M | 0.75% | −83−0.3% | Reduced |
| State of Wisconsin Investment Board | 30,124 | $1.34M | 0.00% | +13,842+85.0% | Added |
| Register Financial Advisors LLC | 30,252 | $1.35M | 0.52% | +30.0% | Added |
| Wealthcare Advisory Partners LLC | 30,341 | $1.35M | 0.03% | −1,722−5.4% | Reduced |
| DMG Group, LLC | 31,301 | $1.39M | 0.93% | +1,603+5.4% | Added |
| Birmingham Capital Management Co Inc | 31,600 | $1.41M | 0.62% | 00.0% | Unchanged |
| Sanctuary Advisors, LLC | 31,669 | $1.41M | 0.01% | −12,128−27.7% | Reduced |
| Parrish Capital LLC | 33,521 | $1.49M | 1.35% | +33,521 | New |
| Brinker Capital Investments, LLC | 33,647 | $1.50M | 0.01% | +2,974+9.7% | Added |
| Maryland State Retirement & Pension System | 33,982 | $1.51M | 0.03% | +531+1.6% | Added |
| Soros Fund Management LLCSuperinvestorSoros Fund Management | 34,015 | $1.51M | 0.02% | +34,015 | New |
| Cantor Fitzgerald Investment Adviser L.P. | 34,033 | $1.52M | 0.11% | −25,869−43.2% | Reduced |
| Capital Investment Advisory Services, LLC | 34,055 | $1.52M | 0.11% | −573−1.7% | Reduced |
| Arkadios Wealth Advisors | 34,092 | $1.52M | 0.03% | −4,618−11.9% | Reduced |
| Range Financial Group LLC | 34,824 | $1.55M | 0.54% | −2,868−7.6% | Reduced |
| Russell Investments Group, Ltd. | 35,283 | $1.57M | 0.00% | −4,896−12.2% | Reduced |
| Invst, LLC | 35,425 | $1.58M | 0.17% | +5,674+19.1% | Added |
| Northwestern Mutual Wealth Management Co | 35,639 | $1.59M | 0.00% | −8,557−19.4% | Reduced |
| Sagewood Asset Management LP | 35,728 | $1.59M | 0.56% | +35,728 | New |
| Caisse des Depots Et Consignations | 36,321 | $1.62M | 0.04% | 00.0% | Unchanged |
| Advisory Services Network, LLC | 36,456 | $1.62M | 0.02% | −36,150−49.8% | Reduced |
| MML Investors Services, LLC | 36,642 | $1.63M | 0.00% | +16,340+80.5% | Added |
| Wealth Enhancement Advisory Services, LLC | 35,340 | $1.64M | 0.00% | +3,112+9.7% | Added |
| SG Americas Securities, LLC | 37,496 | $1.67M | 0.00% | +8,483+29.2% | Added |
| Greenwood Capital Associates LLC | 38,438 | $1.71M | 0.19% | +914+2.4% | Added |
| Manufacturers Life Insurance Company, The | 38,550 | $1.72M | 0.00% | +1,596+4.3% | Added |
| Oregon Public Employees Retirement Fund | 38,680 | $1.72M | 0.02% | +643+1.7% | Added |
| US Bancorp | 39,128 | $1.74M | 0.00% | −688−1.7% | Reduced |
| Huntleigh Advisors, Inc. | 39,176 | $1.74M | 0.29% | −169−0.4% | Reduced |
| Todd Asset Management LLC | 39,402 | $1.75M | 0.03% | +848+2.2% | Added |
| Royce & Associates LP | 39,445 | $1.76M | 0.02% | −8,854−18.3% | Reduced |
| M Holdings Securities, Inc. | 39,515 | $1.76M | 0.13% | +39,515 | New |
| Bank of Montreal | 39,732 | $1.77M | 0.00% | −558−1.4% | Reduced |
| HighTower Advisors, LLC | 40,461 | $1.80M | 0.00% | −1,153−2.8% | Reduced |
| Algert Global LLC | 40,659 | $1.81M | 0.03% | −101,680−71.4% | Reduced |
| Trust Investment Advisors | 40,705 | $1.81M | 0.96% | +1,173+3.0% | Added |
| Caxton Associates LLP | 40,813 | $1.82M | 0.04% | −2,636−6.1% | Reduced |
| Accordant Advisory Group Inc | 41,744 | $1.86M | 1.28% | +41,744 | New |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 41,850 | $1.86M | 0.01% | −1,120−2.6% | Reduced |
| Hussman Strategic Advisors, Inc. | 42,000 | $1.87M | 0.45% | 00.0% | Unchanged |
| Teachers Retirement System of the State of Kentucky | 42,526 | $1.89M | 0.01% | −6,056−12.5% | Reduced |
| Yousif Capital Management, LLC | 49,856 | $1.98M | 0.02% | −7,254−12.7% | Reduced |
| JustInvest LLC | 45,036 | $2.01M | 0.02% | +362+0.8% | Added |
| Benjamin Edwards Inc | 45,079 | $2.01M | 0.02% | +412+0.9% | Added |
| Prevail Innovative Wealth Advisors, LLC | 45,131 | $2.01M | 0.36% | +4,274+10.5% | Added |
| Comerica Bank | 46,015 | $2.05M | 0.01% | −42,362−47.9% | Reduced |
| Picton Mahoney Asset Management | 46,451 | $2.07M | 0.02% | +46,451 | New |
| Jones Financial Companies LLLP | 46,470 | $2.07M | 0.00% | +3,307+7.7% | Added |
| Beacon Pointe Advisors, LLC | 47,175 | $2.10M | 0.01% | −48−0.1% | Reduced |
| Arizona State Retirement System | 47,375 | $2.11M | 0.01% | −3,091−6.1% | Reduced |
| CI Private Wealth, LLC | 47,545 | $2.12M | 0.00% | +7,014+17.3% | Added |
| Kestra Advisory Services, LLC | 47,647 | $2.12M | 0.01% | +1,985+4.3% | Added |
| Insight Inv LLC | 48,127 | $2.14M | 1.20% | +250+0.5% | Added |
| Kovitz Investment Group Partners, LLC | 49,233 | $2.19M | 0.05% | −32,540−39.8% | Reduced |
| Waters Parkerson & Co., LLC | 49,401 | $2.20M | 0.11% | −8,730−15.0% | Reduced |
| KLP Kapitalforvaltning AS | 50,000 | $2.23M | 0.01% | +900+1.8% | Added |
| Parallax Volatility Advisers, L.P. | 50,749 | $2.26M | 0.07% | +15,977+45.9% | Added |
| Handelsbanken Fonder AB | 50,800 | $2.26M | 0.01% | −2,200−4.2% | Reduced |
| Natixis Advisors, L.P. | 50,862 | $2.27M | 0.00% | +422+0.8% | Added |
| Battery Global Advisors, LLC | 139,753 | $2.35M | 1.11% | +139,753 | New |
| Guggenheim Capital LLC | 53,147 | $2.37M | 0.02% | +15,017+39.4% | Added |
| Pathstone Holdings, LLC | 54,209 | $2.41M | 0.01% | +5,456+11.2% | Added |
| State of New Jersey Common Pension Fund D | 55,012 | $2.45M | 0.01% | −2,639−4.6% | Reduced |
| Public Employees Retirement System of Ohio | 55,213 | $2.46M | 0.01% | −1,932−3.4% | Reduced |
| Private Advisor Group, LLC | 55,250 | $2.46M | 0.01% | −1,625−2.9% | Reduced |
| SummitTX Capital, L.P. | 55,805 | $2.48M | 0.08% | +40,937+275.3% | Added |
| Allen Wealth Management, LLC | 56,046 | $2.50M | 1.50% | +400+0.7% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 56,398 | $2.51M | 0.01% | +3,702+7.0% | Added |
| Amalgamated Bank | 56,668 | $2.52M | 0.02% | +5,023+9.7% | Added |
| Police & Firemen's Retirement System of New Jersey | 57,264 | $2.55M | 0.02% | −2,067−3.5% | Reduced |
| Capital Fund Management S.A. | 58,977 | $2.63M | 0.02% | −92,677−61.1% | Reduced |
| Oliver Luxxe Assets LLC | 60,144 | $2.68M | 0.41% | +63+0.1% | Added |
| Sterling Capital Management LLC | 60,195 | $2.68M | 0.04% | +17,186+40.0% | Added |
| Naples Global Advisors, LLC | 60,690 | $2.70M | 0.20% | −1,269−2.0% | Reduced |
| Captrust Financial Advisors | 62,562 | $2.79M | 0.01% | +11,443+22.4% | Added |
| Occudo Quantitative Strategies LP | 63,930 | $2.85M | 0.19% | +24,647+62.7% | Added |
| Keystone Financial Group | 64,525 | $2.87M | 0.21% | −5,572−7.9% | Reduced |
| Ensign Peak Advisors, Inc | 65,494 | $2.92M | 0.01% | +17,581+36.7% | Added |
| Simplex Trading, LLC | 66,255 | $2.95M | 0.08% | +17,469+35.8% | Added |
| Woodstock Corp | 66,493 | $2.96M | 0.25% | −300−0.4% | Reduced |
| Jaffetilchin Investment Partners, LLC | 67,917 | $3.02M | 0.18% | −735−1.1% | Reduced |
| Qube Research & Technologies Ltd | 69,015 | $3.07M | 0.00% | +69,015 | New |
| Y-Intercept (Hong Kong) Ltd | 70,484 | $3.14M | 0.07% | +10,742+18.0% | Added |
| Treasurer of the State of North Carolina | 71,344 | $3.18M | 0.01% | −5,213−6.8% | Reduced |
| Kempner Capital Management Inc. | 71,088 | $3.21M | 3.04% | −10,687−13.1% | Reduced |
| O'Shaughnessy Asset Management, LLC | 72,764 | $3.24M | 0.02% | +13,059+21.9% | Added |
| Cetera Investment Advisers | 75,014 | $3.34M | 0.00% | −2,489−3.2% | Reduced |
| Janus Henderson Group PLC | 77,353 | $3.44M | 0.00% | +5,600+7.8% | Added |
| Louisiana State Employees Retirement System | 77,400 | $3.45M | 0.06% | −200−0.3% | Reduced |
| Virginia Retirement Systems Et Al | 82,600 | $3.68M | 0.02% | 00.0% | Unchanged |
| Voya Investment Management LLC | 85,858 | $3.82M | 0.00% | −9,189−9.7% | Reduced |
| State of Alaska, Department of Revenue | 86,020 | $3.83M | 0.04% | +1,121+1.3% | Added |
| Mork Capital Management, LLC | 86,680 | $3.86M | 2.36% | 00.0% | Unchanged |
| Squarepoint Ops LLC | 86,911 | $3.87M | 0.01% | −307,205−77.9% | Reduced |
| Hedeker Wealth, LLC | 86,987 | $3.87M | 0.81% | +433+0.5% | Added |
| State of Tennessee, Treasury Department | 94,066 | $3.91M | 0.01% | +3,303+3.6% | Added |
| Collar Capital Management, LLC | 91,731 | $4.08M | 2.73% | +688+0.8% | Added |
| Prosperitas Financial LLC | 92,157 | $4.10M | 1.60% | +8,294+9.9% | Added |
| RK Asset Management, LLC | 92,280 | $4.11M | 3.88% | −290−0.3% | Reduced |