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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.

Institutional holdersQ4 2025: 627 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 heldQ4 2025: $7.03B
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, Q4 2025

Shares, value and share of portfolio for each institution holding Lincoln National Corp; share changes are against Q3 2025.

Institutions holding LNC in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Park Circle Co14,360$639.5K0.58%00.0%Unchanged
CIBC World Markets Inc.13,910$619.4K0.00%−1,461−9.5%Reduced
Capstone Investment Advisors, LLC13,883$618.2K0.01%+13,883New
Cowa, LLC13,854$616.9K0.19%−3,977−22.3%Reduced
Mercer Global Advisors Inc13,701$610.1K0.00%+3,172+30.1%Added
Farther Finance Advisors, LLC13,357$594.8K0.01%+3,049+29.6%Added
Swiss Life Asset Management Ltd13,271$591.0K0.00%+5,415+68.9%Added
180 Wealth Advisors, LLC13,193$587.5K0.07%−72−0.5%Reduced
Baader Bank INC13,000$578.9K0.05%+13,000New
Jefferies Financial Group Inc.12,923$575.5K0.00%+12,923New
BOS Asset Management, LLC12,518$557.4K0.15%+25+0.2%Added
CWM, LLC12,397$552.0K0.00%+255+2.1%Added
Sound View Wealth Advisors Group, LLC12,241$545.1K0.04%−576−4.5%Reduced
Lantz Financial LLC12,156$541.3K0.11%+465+4.0%Added
Atria Investments LLC12,039$536.1K0.01%−434−3.5%Reduced
Stephens Inc12,002$534.4K0.01%−600−4.8%Reduced
Cito Capital Group, LLC12,000$534.0K0.16%00.0%Unchanged
Johnson Investment Counsel Inc11,908$530.3K0.00%00.0%Unchanged
Weiss Asset Management LP11,620$517.4K0.01%+11,620New
Tiaa Trust, National Association11,536$513.7K0.00%−150−1.3%Reduced
Wedmont Private Capital11,485$513.2K0.02%+619+5.7%Added
Quadrant Capital Group LLC11,459$510.3K0.02%00.0%Unchanged
BlackDiamond Wealth Management Inc.12,830$509.2K0.25%−136−1.0%Reduced
Jump Financial, LLC11,362$505.9K0.01%−214,549−95.0%Reduced
Counterpoint Mutual Funds LLC11,355$505.6K0.04%+11,355New
BKD Wealth Advisors, LLC11,079$493.3K0.01%−14−0.1%Reduced
Cresset Asset Management, LLC11,066$492.8K0.00%+356+3.3%Added
Crossmark Global Holdings, Inc.11,036$491.4K0.01%+500+4.7%Added
Abacus Wealth Partners, LLC11,005$490.1K0.05%+11,005New
EP Wealth Advisors, LLC10,953$487.7K0.00%+10,953New
Fox Run Management, L.L.C.10,912$485.9K0.08%−8,623−44.1%Reduced
Resources Investment Advisors, LLC.10,887$484.8K0.00%−736−6.3%Reduced
Greenleaf Trust10,490$467.1K0.00%+167+1.6%Added
Jackson Creek Investment Advisors LLC10,462$466.0K0.14%+10,462New
Valeo Financial Advisors, LLC10,373$461.9K0.01%+758+7.9%Added
Blair William & Co10,305$458.9K0.00%+333+3.3%Added
Mill Capital Management, LLC10,244$456.2K0.03%00.0%Unchanged
Laird Norton Trust Company, LLC10,219$455.1K0.01%+10,219New
Investors Research Corp10,207$454.5K0.08%00.0%Unchanged
Savant Capital, LLC10,193$453.9K0.00%+1,323+14.9%Added
Sequoia Financial Advisors, LLC10,129$451.0K0.00%+3,361+49.7%Added
Evergreen Capital Management LLC9,815$437.1K0.01%00.0%Unchanged
Gateway Investment Advisers LLC9,796$436.2K0.00%+66+0.7%Added
Intellectus Partners, LLC9,762$434.7K0.08%+11+0.1%Added
Holistic Financial Partners9,630$428.8K0.16%00.0%Unchanged
Xponance, Inc.9,618$428.3K0.00%+639+7.1%Added
Prime Capital Investment Advisors, LLC9,586$426.9K0.01%−22−0.2%Reduced
Merit Financial Group, LLC9,519$423.9K0.00%+119+1.3%Added
Coldstream Capital Management Inc9,369$417.2K0.01%−1,302−12.2%Reduced
GAMMA Investing LLC9,337$415.8K0.02%+808+9.5%Added
J.W. Cole Advisors, Inc.9,293$413.8K0.01%+33+0.4%Added
Kestra Private Wealth Services, LLC9,253$412.1K0.01%+62+0.7%Added
Vista Investment Partners LLC9,147$407.3K0.11%+9,147New
Meridian Investment Counsel Inc.9,097$405.1K0.10%−300−3.2%Reduced
Utah Retirement Systems9,001$400.8K0.00%00.0%Unchanged
Security Financial Services, INC.8,998$400.7K0.06%+21+0.2%Added
Strategic Blueprint, LLC8,941$398.1K0.02%−587−6.2%Reduced
CAPROCK Group, Inc.8,898$396.2K0.01%−2,049−18.7%Reduced
Brave Asset Management Inc8,736$389.0K0.09%00.0%Unchanged
Glenmede Trust Co NA8,733$388.9K0.00%+8,733New
Innealta Capital, LLC8,698$387.3K0.21%00.0%Unchanged
Hilltop Holdings Inc.8,645$385.0K0.02%+58+0.7%Added
North Star Investment Management Corp.8,615$383.6K0.02%+3,000+53.4%Added
Integrated Advisors Network LLC8,398$374.0K0.02%−341−3.9%Reduced
Pinnacle Wealth Planning Services, Inc.8,383$373.3K0.04%+38+0.5%Added
Mma Asset Management LLC8,357$372.1K0.13%00.0%Unchanged
Sage Rhino Capital LLC8,265$368.0K0.07%−7−0.1%Reduced
RSM US Wealth Management LLC8,119$364.6K0.00%−1,097−11.9%Reduced
Journey Strategic Wealth LLC8,008$356.6K0.01%+86+1.1%Added
Bradley Foster & Sargent Inc8,000$356.2K0.01%00.0%Unchanged
Carson Advisory Inc.7,950$354.0K0.18%00.0%Unchanged
Steward Partners Investment Advisory, LLC7,918$352.6K0.00%−93−1.2%Reduced
Provenance Wealth Advisors, LLC7,890$351.3K0.04%00.0%Unchanged
Forum Financial Management, LP7,862$350.1K0.00%+6+0.1%Added
Pallas Capital Advisors LLC7,848$349.5K0.01%+20+0.3%Added
Focus Financial Network, Inc.7,821$348.2K0.01%00.0%Unchanged
CIBC Private Wealth Group, LLC7,631$339.8K0.00%−1,674−18.0%Reduced
Goelzer Investment Management, Inc.7,600$338.4K0.02%+7,600New
HighPoint Advisor Group LLC7,538$335.7K0.01%00.0%Unchanged
Old National Bancorp7,536$335.6K0.01%00.0%Unchanged
Salem Investment Counselors Inc7,365$328.0K0.01%00.0%Unchanged
Vinva Investment Management Ltd4,855$325.4K0.00%+4,855New
M&T Bank Corp7,283$324.3K0.00%+1,951+36.6%Added
Mirabella Financial Services LLP7,086$315.5K0.03%+7,086New
Skopos Labs, Inc.6,860$311.6K0.01%+6,860New
Trust Co of Virginia6,890$306.8K0.02%00.0%Unchanged
Meeder Advisory Services, Inc.6,846$304.9K0.01%+98+1.5%Added
DRW Securities, LLC6,846$304.9K0.02%+6,846New
Wealth Alliance6,804$303.0K0.03%−140−2.0%Reduced
Wood Tarver Financial Group, LLC6,758$300.0K0.08%00.0%Unchanged
Armistice Capital, LLC6,731$299.7K0.01%+6,731New
Sym Financial Corp6,712$298.9K0.03%+55+0.8%Added
Aster Capital Management (DIFC) Ltd6,689$297.9K0.13%+3,547+112.9%Added
EFG International AG6,686$297.7K0.01%+6,686New
Roehl & Yi Investment Advisors, LLC6,614$294.5K0.12%00.0%Unchanged
Rothschild Investment LLC6,608$294.3K0.02%+73+1.1%Added
Eads & Heald Wealth Management6,598$293.8K0.14%−120−1.8%Reduced
Diversified Trust Co6,583$293.1K0.01%+21+0.3%Added
Vise Technologies, Inc.6,405$285.2K0.01%+932+17.0%Added
Everence Capital Management Inc6,410$285.0K0.02%00.0%Unchanged