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 |
|---|---|---|---|---|---|
| Franklin Resources Inc | 93,205 | $4.15M | 0.00% | +3,890+4.4% | Added |
| BNP Paribas Arbitrage, SA | 93,651 | $4.17M | 0.00% | −68,640−42.3% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 94,900 | $4.23M | 0.01% | −6,645−6.5% | Reduced |
| Waterloo Capital, L.P. | 97,172 | $4.33M | 0.31% | −12,782−11.6% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 97,452 | $4.34M | 0.01% | −951−1.0% | Reduced |
| New York State Common Retirement Fund | 100,418 | $4.47M | 0.01% | +2,400+2.4% | Added |
| Verition Fund Management LLC | 101,724 | $4.53M | 0.02% | −3,182−3.0% | Reduced |
| Jane Street Group, LLC | 104,591 | $4.66M | 0.01% | +97,186+1,312.4% | Added |
| Fideuram - Intesa Sanpaolo Private Banking S.P.A. | 106,483 | $4.74M | 0.17% | +106,483 | New |
| Exchange Traded Concepts, LLC | 111,005 | $4.94M | 0.04% | +264+0.2% | Added |
| Arrowstreet Capital, Limited Partnership | 112,156 | $4.99M | 0.00% | −172,809−60.6% | Reduced |
| Nisa Investment Advisors, LLC | 114,319 | $5.09M | 0.02% | −1,797−1.5% | Reduced |
| Icon Advisers Inc | 118,450 | $5.27M | 1.14% | −2,075−1.7% | Reduced |
| Cerity Partners LLC | 119,296 | $5.31M | 0.01% | +70,009+142.0% | Added |
| Federation des caisses Desjardins du Quebec | 120,586 | $5.37M | 0.02% | +153+0.1% | Added |
| Envestnet Asset Management Inc | 121,709 | $5.42M | 0.00% | +45,978+60.7% | Added |
| Mitsubishi UFJ Trust & Banking Corp | 121,806 | $5.42M | 0.01% | +33,808+38.4% | Added |
| Citigroup Inc | 122,155 | $5.44M | 0.00% | −35,497−22.5% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 125,250 | $5.58M | 0.01% | +125,250 | New |
| BI Asset Management Fondsmaeglerselskab A/S | 126,797 | $5.65M | 0.05% | +126,797 | New |
| Deutsche Bank AG | 130,202 | $5.80M | 0.00% | +29,478+29.3% | Added |
| Jessup Wealth Management, Inc | 132,022 | $5.88M | 1.94% | −1,144−0.9% | Reduced |
| The PNC Financial Services Group, Inc. | 132,404 | $5.90M | 0.00% | +239+0.2% | Added |
| Loudon Investment Management, LLC | 135,489 | $6.03M | 3.15% | −4,075−2.9% | Reduced |
| Two Sigma Investments, LP | 136,840 | $6.09M | 0.01% | −215,103−61.1% | Reduced |
| Thrivent Financial for Lutherans | 138,410 | $6.16M | 0.01% | −9,866−6.7% | Reduced |
| State Board of Administration of Florida Retirement System | 148,184 | $6.60M | 0.01% | −7,130−4.6% | Reduced |
| Commonwealth Equity Services, LLC | 148,514 | $6.61M | 0.01% | −136,591−47.9% | Reduced |
| Schroder Investment Management Group | 148,191 | $6.66M | 0.01% | +1,107+0.8% | Added |
| New Vernon Investment Management LLC | 154,110 | $6.86M | 6.68% | 00.0% | Unchanged |
| Robeco Institutional Asset Management B.V. | 154,922 | $6.90M | 0.01% | −7,721−4.7% | Reduced |
| Susquehanna Portfolio Strategies, LLC | 156,399 | $6.96M | 0.11% | 00.0% | Unchanged |
| Great Lakes Advisors, LLC | 158,149 | $7.04M | 0.06% | −49,325−23.8% | Reduced |
| HRT Financial LP | 158,677 | $7.07M | 0.02% | +47,034+42.1% | Added |
| Truist Financial Corp | 159,076 | $7.08M | 0.01% | +3,690+2.4% | Added |
| Schonfeld Strategic Advisors LLC | 159,520 | $7.10M | 0.04% | −40,474−20.2% | Reduced |
| Susquehanna Fundamental Investments, LLC | 160,111 | $7.13M | 0.24% | 00.0% | Unchanged |
| California State Teachers Retirement System | 160,524 | $7.15M | 0.01% | −178−0.1% | Reduced |
| Ci Investments Inc. | 161,999 | $7.21M | 0.03% | −19,203−10.6% | Reduced |
| Bessemer Group Inc | 162,628 | $7.24M | 0.01% | +137,409+544.9% | Added |
| FMR LLC | 177,832 | $7.92M | 0.00% | +566+0.3% | Added |
| Access Investment Management LLC | 196,500 | $7.92M | 2.13% | 00.0% | Unchanged |
| Great West Life Assurance Co | 180,461 | $8.04M | 0.01% | −16,156−8.2% | Reduced |
| Quantinno Capital Management LP | 180,474 | $8.04M | 0.02% | +20,139+12.6% | Added |
| Alliancebernstein L.P. | 185,361 | $8.25M | 0.00% | −32,869−15.1% | Reduced |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 186,600 | $8.31M | 0.01% | +37,159+24.9% | Added |
| Wiley Bros.-Aintree Capital, LLC | 186,704 | $8.31M | 0.04% | +186,704 | New |
| American Century Companies Inc | 188,990 | $8.42M | 0.00% | +61,959+48.8% | Added |
| Citadel Advisors LLC | 195,197 | $8.69M | 0.01% | −667,021−77.4% | Reduced |
| New York State Teachers Retirement System | 197,112 | $8.78M | 0.02% | −3,279−1.6% | Reduced |
| Barclays PLC | 202,942 | $9.04M | 0.00% | −945,585−82.3% | Reduced |
| Janney Montgomery Scott LLC | 205,403 | $9.15M | 0.02% | +19,742+10.6% | Added |
| Illinois Municipal Retirement Fund | 206,104 | $9.18M | 0.12% | −18,554−8.3% | Reduced |
| JPMorgan Chase & Co | 217,257 | $9.67M | 0.00% | +10,128+4.9% | Added |
| Oak Harbor Wealth Partners, LLC | 219,565 | $9.78M | 2.35% | −110−0.1% | Reduced |
| Cyndeo Wealth Partners, LLC | 224,376 | $9.99M | 0.54% | +7,611+3.5% | Added |
| Oxbow Advisors, LLC | 231,208 | $10.3M | 0.91% | +41,817+22.1% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 233,764 | $10.4M | 0.01% | +232,069+13,691.4% | Added |
| Man Group plc | 237,379 | $10.6M | 0.02% | +151,302+175.8% | Added |
| Bridgewater Associates, LP | 244,301 | $10.9M | 0.04% | −86,467−26.1% | Reduced |
| Prudential Financial Inc | 244,390 | $10.9M | 0.01% | −9,762−3.8% | Reduced |
| Hotchkis & Wiley Capital Management LLC | 250,852 | $11.2M | 0.03% | +1,598+0.6% | Added |
| Advisor Group Holdings, Inc. | 272,393 | $12.1M | 0.02% | −49,246−15.3% | Reduced |
| Stifel Financial Corp | 285,489 | $12.7M | 0.01% | −31,875−10.0% | Reduced |
| Raymond James Financial Inc | 291,885 | $13.0M | 0.00% | −22,042−7.0% | Reduced |
| Gotham Asset Management, LLC | 304,861 | $13.6M | 0.05% | +161,492+112.6% | Added |
| Gillson Capital LP | 306,080 | $13.6M | 0.89% | +108,151+54.6% | Added |
| Nuveen, LLC | 324,758 | $14.5M | 0.00% | −16,706−4.9% | Reduced |
| California Public Employees Retirement System | 332,090 | $14.8M | 0.01% | +14,323+4.5% | Added |
| Swiss National Bank | 336,400 | $15.0M | 0.01% | +5,700+1.7% | Added |
| Colony Group, LLC | 341,730 | $15.2M | 0.02% | +30,132+9.7% | Added |
| Royal Bank of Canada | 360,514 | $16.1M | 0.00% | −2,076,488−85.2% | Reduced |
| Freestone Grove Partners LP | 363,384 | $16.2M | 0.12% | +318,370+707.3% | Added |
| Hudson Bay Capital Management LP | 380,224 | $16.9M | 0.10% | +24,313+6.8% | Added |
| Rhumbline Advisers | 400,135 | $17.8M | 0.01% | +6,425+1.6% | Added |
| First Eagle Investment Management, LLC | 409,936 | $18.3M | 0.03% | −140.0% | Reduced |
| CBOE Vest Financial, LLC | 413,428 | $18.4M | 0.23% | +28,625+7.4% | Added |
| Amundi | 425,474 | $18.9M | 0.01% | −127,668−23.1% | Reduced |
| Daymark Wealth Partners, LLC | 450,978 | $20.1M | 0.64% | −2,790−0.6% | Reduced |
| MetLife Investment Management | 452,304 | $20.1M | 0.10% | +533+0.1% | Added |
| Legal & General Group Plc | 476,325 | $21.2M | 0.00% | −20,176−4.1% | Reduced |
| SEI Investments Co | 477,283 | $21.3M | 0.02% | +37,146+8.4% | Added |
| Easterly Investment Partners LLC | 481,284 | $21.4M | 1.32% | −36,614−7.1% | Reduced |
| UBS Asset Management Americas Inc | 490,149 | $21.8M | 0.00% | −4,410−0.9% | Reduced |
| Miller Value Partners, LLC | 504,761 | $22.5M | 7.92% | −15,915−3.1% | Reduced |
| Jain Global LLC | 518,003 | $23.1M | 0.23% | +518,003 | New |
| LPL Financial LLC | 521,133 | $23.2M | 0.01% | +23,388+4.7% | Added |
| CSM Advisors, LLC | 528,853 | $23.5M | 0.64% | +194,599+58.2% | Added |
| Allspring Global Investments Holdings, LLC | 524,643 | $23.6M | 0.04% | +320,712+157.3% | Added |
| Alyeska Investment Group, L.P. | 530,693 | $23.6M | 0.07% | +510,205+2,490.3% | Added |
| Mackenzie Financial Corp | 533,823 | $23.9M | 0.03% | +501,120+1,532.3% | Added |
| Arbejdsmarkedets Tillaegspension | 539,276 | $24.0M | 0.61% | +539,276 | New |
| Ameriprise Financial Inc | 557,399 | $24.8M | 0.01% | +42,435+8.2% | Added |
| Advisors Capital Management, LLC | 573,705 | $25.5M | 0.30% | +4,525+0.8% | Added |
| Algebris (UK) Ltd | 583,777 | $26.0M | 2.06% | −509,116−46.6% | Reduced |
| Public Sector Pension Investment Board | 585,108 | $26.1M | 0.09% | −73,017−11.1% | Reduced |
| Interval Partners, LP | 616,491 | $27.5M | 0.64% | +332,148+116.8% | Added |
| Jupiter Asset Management Ltd | 715,633 | $31.9M | 0.26% | +715,633 | New |
| Wells Fargo & Company | 746,919 | $33.3M | 0.01% | −155,491−17.2% | Reduced |
| Victory Capital Management Inc | 803,829 | $35.8M | 0.02% | −13,726−1.7% | Reduced |