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 |
|---|---|---|---|---|---|
| Allianz Asset Management GmbH | 868,881 | $38.7M | 0.04% | +829,738+2,119.8% | Added |
| Marshall Wace, LLP | 980,953 | $43.7M | 0.04% | +241,292+32.6% | Added |
| Millennium Management LLC | 1,078,128 | $48.0M | 0.03% | +520,816+93.5% | Added |
| AQR Capital Management LLC | 1,214,186 | $54.1M | 0.03% | +395,171+48.2% | Added |
| HSBC Holdings PLC | 1,360,587 | $60.5M | 0.03% | +133,388+10.9% | Added |
| Bank of America Corp | 1,364,442 | $60.8M | 0.00% | +170,691+14.3% | Added |
| Invesco Ltd. | 1,381,058 | $61.5M | 0.01% | −40,328−2.8% | Reduced |
| UBS Group AG | 1,558,881 | $69.4M | 0.01% | −199,378−11.3% | Reduced |
| Goldman Sachs Group Inc | 1,700,641 | $75.7M | 0.01% | +124,527+7.9% | Added |
| Bank of New York Mellon Corp | 1,797,919 | $80.1M | 0.01% | −104,706−5.5% | Reduced |
| Northern Trust Corp | 1,943,202 | $86.5M | 0.01% | −78,454−3.9% | Reduced |
| Balyasny Asset Management LLC | 1,943,422 | $86.5M | 0.16% | +921,506+90.2% | Added |
| Charles Schwab Investment Management Inc | 2,077,984 | $92.5M | 0.01% | +10,768+0.5% | Added |
| Norges Bank | 2,270,699 | $101.1M | 0.01% | +2,270,699 | New |
| Principal Financial Group Inc | 2,312,254 | $103.0M | 0.05% | −20,330−0.9% | Reduced |
| LSV Asset Management | 2,572,936 | $114.6M | 0.25% | −41,803−1.6% | Reduced |
| Geode Capital Management, LLC | 2,959,195 | $131.8M | 0.01% | +14,842+0.5% | Added |
| Jennison Associates LLC | 3,681,158 | $163.9M | 0.10% | +1,361,835+58.7% | Added |
| Morgan Stanley | 4,062,903 | $180.9M | 0.01% | −174,735−4.1% | Reduced |
| First Trust Advisors LP | 4,784,370 | $213.0M | 0.15% | −95,492−2.0% | Reduced |
| Price T Rowe Associates Inc | 5,208,356 | $231.9M | 0.03% | +3,975+0.1% | Added |
| Massachusetts Financial Services Co | 5,887,841 | $262.2M | 0.08% | −64,325−1.1% | Reduced |
| State Street Corp | 5,895,772 | $262.5M | 0.01% | −81,628−1.4% | Reduced |
| Dimensional Fund Advisors LP | 6,233,327 | $277.6M | 0.06% | +502,600+8.8% | Added |
| BlackRock, Inc. | 18,552,669 | $826.2M | 0.01% | +125,293+0.7% | Added |
| Bain Capital Prairie, LLC | 18,759,497 | $835.4M | 100.00% | +18,759,497 | New |
| Vanguard Group Inc | 19,741,163 | $879.1M | 0.01% | −162,557−0.8% | Reduced |
| Point72 Asset Management, L.P. | 0 | $0 | 0.00% | −227,423−100.0% | Sold out |
| Saba Capital Management, L.P. | 0 | $0 | 0.00% | −134,392−100.0% | Sold out |
| Two Sigma Advisers, LP | 0 | $0 | 0.00% | −115,300−100.0% | Sold out |
| Jacobs Levy Equity Management, Inc | 0 | $0 | 0.00% | −96,749−100.0% | Sold out |
| ExodusPoint Capital Management, LP | 0 | $0 | 0.00% | −74,105−100.0% | Sold out |
| Voloridge Investment Management, LLC | 0 | $0 | 0.00% | −56,624−100.0% | Sold out |
| Elo Mutual Pension Insurance Co | 0 | $0 | 0.00% | −43,165−100.0% | Sold out |
| New Century Financial Group, LLC | 0 | $0 | 0.00% | −42,544−100.0% | Sold out |
| Tudor Investment Corp Et Al | 0 | $0 | 0.00% | −39,384−100.0% | Sold out |
| ISAM Funds (UK) Ltd | 0 | $0 | 0.00% | −32,281−100.0% | Sold out |
| Oak Thistle LLC | 0 | $0 | 0.00% | −28,165−100.0% | Sold out |
| Lecap Asset Management Ltd | 0 | $0 | 0.00% | −27,755−100.0% | Sold out |
| Macquarie Group Ltd | 0 | $0 | 0.00% | −27,700−100.0% | Sold out |
| Renaissance Technologies LLC | 0 | $0 | 0.00% | −25,474−100.0% | Sold out |
| Dynamic Technology Lab Private Ltd | 0 | $0 | 0.00% | −23,570−100.0% | Sold out |
| Winton Group Ltd | 0 | $0 | 0.00% | −21,983−100.0% | Sold out |
| Bayforest Capital Ltd | 0 | $0 | 0.00% | −21,976−100.0% | Sold out |
| Bridgefront Capital, LLC | 0 | $0 | 0.00% | −16,668−100.0% | Sold out |
| Brevan Howard Capital Management LP | 0 | $0 | 0.00% | −14,280−100.0% | Sold out |
| Prelude Capital Management, LLC | 0 | $0 | 0.00% | −14,107−100.0% | Sold out |
| Scientech Research LLC | 0 | $0 | 0.00% | −11,365−100.0% | Sold out |
| Fieldview Capital Management, LLC | 0 | $0 | 0.00% | −11,228−100.0% | Sold out |
| XTX Topco Ltd | 0 | $0 | 0.00% | −10,561−100.0% | Sold out |
| NorthRock Partners, LLC | 0 | $0 | 0.00% | −10,508−100.0% | Sold out |
| Empowered Funds, LLC | 0 | $0 | 0.00% | −10,088−100.0% | Sold out |
| State of Wyoming | 0 | $0 | 0.00% | −9,398−100.0% | Sold out |
| Inceptionr LLC | 0 | $0 | 0.00% | −8,242−100.0% | Sold out |
| PharVision Advisers, LLC | 0 | $0 | 0.00% | −8,079−100.0% | Sold out |
| Magnetar Financial LLC | 0 | $0 | 0.00% | −8,069−100.0% | Sold out |
| Sapient Capital LLC | 0 | $0 | 0.00% | −7,616−100.0% | Sold out |
| Sherbrooke Park Advisers LLC | 0 | $0 | 0.00% | −6,857−100.0% | Sold out |
| Group One Trading, L.P. | 0 | $0 | 0.00% | −6,399−100.0% | Sold out |
| Boothbay Fund Management, LLC | 0 | $0 | 0.00% | −6,243−100.0% | Sold out |
| Altus Wealth Group LLC | 0 | $0 | 0.00% | −5,874−100.0% | Sold out |
| Impact Partnership Wealth, LLC | 0 | $0 | 0.00% | −5,872−100.0% | Sold out |
| Aaron Wealth Advisors | 0 | $0 | 0.00% | −5,777−100.0% | Sold out |
| Johnson Financial Group, LLC | 0 | $0 | 0.00% | −5,515−100.0% | Sold out |
| Sagespring Wealth Partners, LLC | 0 | $0 | 0.00% | −5,336−100.0% | Sold out |
| Baird Financial Group, Inc. | 0 | $0 | 0.00% | −5,172−100.0% | Sold out |
| Stevens Capital Management LP | 0 | $0 | 0.00% | −5,109−100.0% | Sold out |
| Engineers Gate Manager LP | 0 | $0 | 0.00% | −5,009−100.0% | Sold out |
| PEAK6 LLC | 0 | $0 | 0.00% | −2,405−100.0% | Sold out |
| Hillsdale Investment Management Inc. | 0 | $0 | 0.00% | −1,250−100.0% | Sold out |
| FNY Investment Advisers, LLC | 0 | $0 | 0.00% | −1,200−100.0% | Sold out |
| CoreCap Advisors, LLC | 0 | $0 | 0.00% | −1,100−100.0% | Sold out |
| Mather Group, LLC. | 0 | $0 | 0.00% | −962−100.0% | Sold out |
| JPL Wealth Management, LLC | 0 | $0 | 0.00% | −721−100.0% | Sold out |
| Wealthspire Advisors, LLC | 0 | $0 | 0.00% | −597−100.0% | Sold out |
| Atlantic Edge Private Wealth Management, LLC | 0 | $0 | 0.00% | −500−100.0% | Sold out |
| Ameritas Advisory Services, LLC | 0 | $0 | 0.00% | −400−100.0% | Sold out |
| Tidemark, LLC | 0 | $0 | 0.00% | −335−100.0% | Sold out |
| Crowley Wealth Management, Inc. | 0 | $0 | 0.00% | −300−100.0% | Sold out |
| Principal Securities, Inc. | 0 | $0 | 0.00% | −267−100.0% | Sold out |
| S&T Bank | 0 | $0 | 0.00% | −246−100.0% | Sold out |
| TD Waterhouse Canada Inc. | 0 | $0 | 0.00% | −200−100.0% | Sold out |
| Ashton Thomas Securities, LLC | 0 | $0 | 0.00% | −92−100.0% | Sold out |
| Halbert Hargrove Global Advisors, LLC | 0 | $0 | 0.00% | −61−100.0% | Sold out |
| Cloud Capital Management, LLC | 0 | $0 | 0.00% | −39−100.0% | Sold out |
| Rise Advisors, LLC | 0 | $0 | 0.00% | −17−100.0% | Sold out |
| Bogart Wealth, LLC | 0 | $0 | 0.00% | −14−100.0% | Sold out |
| Strengthening Families & Communities, LLC | 0 | $0 | 0.00% | −7−100.0% | Sold out |
| Palisade Asset Management, LLC | 0 | $0 | 0.00% | −4−100.0% | Sold out |
| Cornerstone Planning Group LLC | 0 | $0 | 0.00% | −2−100.0% | Sold out |
| Tortoise Investment Management, LLC | 0 | $0 | 0.00% | −1−100.0% | Sold out |
| AXA Investment Managers S.A. | – | – | – | – | Not filed |
| Cubist Systematic Strategies, LLC | – | – | – | – | Not filed |
| Point72 Hong Kong Ltd | – | – | – | – | Not filed |
| Wolverine Trading, LLC | – | – | – | – | Not filed |
| Pinnacle Financial Partners Inc | – | – | – | – | Not filed |
| Glenmede Investment Management, LP | – | – | – | – | Not filed |
| Point72 (DIFC) Ltd | – | – | – | – | Not filed |
| Wetherby Asset Management Inc | – | – | – | – | Not filed |
| Moloney Securities Asset Management, LLC | – | – | – | – | Not filed |