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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; 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, Q1 2026

Institutional positions in Lincoln National Corp as of Mar 31, 2026. 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
616
−2 vs. Q4 2025
Shares held
156.6M
+20.9M (+15.4%) vs. Q4 2025
Total value
$5.56B
−$474.7M (−7.9%) vs. Q4 2025
New holders
86
227 more added
Sold out
88
188 more reduced

9 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2026: 616 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: 619 institutions
Value heldQ1 2026: $5.56B
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 2026619$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, Q1 2026

Shares, value and share of portfolio for each institution holding Lincoln National Corp; share changes are against Q4 2025.

Institutions holding LNC in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Bain Capital Prairie, LLC18,759,497$666.0M100.00%00.0%Unchanged
BlackRock, Inc.18,498,104$656.7M0.01%−54,565−0.3%Reduced
Vanguard Portfolio Management LLC10,409,654$369.5M0.02%+10,409,654New
Vanguard Capital Management LLC8,270,901$293.6M0.01%+8,270,901New
Dimensional Fund Advisors LP7,755,506$275.3M0.06%+1,522,179+24.4%Added
Massachusetts Financial Services Co5,881,332$209.8M0.07%−6,509−0.1%Reduced
State Street Corp5,891,295$209.1M0.01%−4,477−0.1%Reduced
Price T Rowe Associates Inc4,427,949$157.2M0.02%−780,407−15.0%Reduced
Jennison Associates LLC3,823,152$135.7M0.09%+141,994+3.9%Added
Morgan Stanley3,692,842$131.1M0.01%−370,061−9.1%Reduced
Geode Capital Management, LLC3,159,019$112.2M0.01%+199,824+6.8%Added
LSV Asset Management2,560,096$90.9M0.20%−12,840−0.5%Reduced
Principal Financial Group Inc2,280,576$81.0M0.04%−31,678−1.4%Reduced
Charles Schwab Investment Management Inc2,135,814$75.8M0.01%+57,830+2.8%Added
First Trust Advisors LP2,128,355$75.6M0.05%−2,656,015−55.5%Reduced
Balyasny Asset Management LLC2,085,619$74.0M0.15%+142,197+7.3%Added
Northern Trust Corp1,852,532$65.8M0.01%−90,670−4.7%Reduced
Jupiter Asset Management Ltd1,796,671$63.8M0.34%+1,081,038+151.1%Added
Goldman Sachs Group Inc1,785,407$63.4M0.01%+84,766+5.0%Added
Bank of New York Mellon Corp1,778,894$63.2M0.01%−19,025−1.1%Reduced
Invesco Ltd.1,541,270$54.7M0.01%+160,212+11.6%Added
HSBC Holdings PLC1,499,854$53.2M0.03%+139,267+10.2%Added
Victory Capital Management Inc1,465,981$52.0M0.03%+662,152+82.4%Added
UBS Group AG1,454,657$51.6M0.01%−104,224−6.7%Reduced
Bank of America Corp1,428,845$50.7M0.00%+64,403+4.7%Added
Algebris (UK) Ltd1,361,885$48.3M3.49%+778,108+133.3%Added
Millennium Management LLC1,198,141$42.5M0.03%+120,013+11.1%Added
Vanguard Fiduciary Trust Co1,067,314$37.9M0.01%+1,067,314New
AQR Capital Management LLC927,439$32.4M0.01%−286,747−23.6%Reduced
Citadel Advisors LLC769,829$27.3M0.02%+574,632+294.4%Added
Wells Fargo & Company708,814$25.2M0.01%−38,105−5.1%Reduced
Arrowstreet Capital, Limited Partnership683,040$24.2M0.01%+570,884+509.0%Added
LPL Financial LLC661,974$23.5M0.01%+140,841+27.0%Added
Alyeska Investment Group, L.P.641,796$22.8M0.06%+111,103+20.9%Added
D. E. Shaw & Co., Inc.612,706$21.8M0.02%+592,661+2,956.7%Added
Public Sector Pension Investment Board604,750$21.5M0.07%+19,642+3.4%Added
HRT Financial LP592,147$21.0M0.05%+433,470+273.2%Added
Advisors Capital Management, LLC585,165$20.8M0.24%+11,460+2.0%Added
Quantinno Capital Management LP583,257$20.7M0.03%+402,783+223.2%Added
Miller Value Partners, LLC570,690$20.3M5.29%+65,929+13.1%Added
American Century Companies Inc557,620$19.8M0.01%+368,630+195.1%Added
Jain Global LLC548,788$19.5M0.25%+30,785+5.9%Added
Allspring Global Investments Holdings, LLC542,220$19.1M0.03%+17,577+3.4%Added
Ameriprise Financial Inc535,731$19.0M0.00%−21,668−3.9%Reduced
Caisse de Depot Et Placement du Quebec530,251$18.8M0.03%+530,251New
SEI Investments Co522,832$18.6M0.02%+45,549+9.5%Added
UBS Asset Management Americas Inc506,218$18.0M0.00%+16,069+3.3%Added
Hudson Bay Capital Management LP487,155$17.3M0.10%+106,931+28.1%Added
Jane Street Group, LLC480,603$17.1M0.02%+376,012+359.5%Added
MetLife Investment Management465,647$16.5M0.08%+13,343+3.0%Added
Interval Partners, LP448,638$15.9M0.55%−167,853−27.2%Reduced
Legal & General Group Plc437,112$15.5M0.00%−39,213−8.2%Reduced
Man Group plc431,487$15.3M0.03%+194,108+81.8%Added
First Eagle Investment Management, LLC428,310$15.2M0.03%+18,374+4.5%Added
Rhumbline Advisers407,976$14.5M0.01%+7,841+2.0%Added
Cander Asset Management LP392,881$13.9M2.50%+392,881New
CSM Advisors, LLC372,851$13.2M0.33%−156,002−29.5%Reduced
Colony Group, LLC366,763$13.0M0.01%+25,033+7.3%Added
Raymond James Financial Inc362,521$12.9M0.00%+70,636+24.2%Added
Nuveen, LLC341,264$12.1M0.00%+16,506+5.1%Added
Swiss National Bank338,200$12.0M0.01%+1,800+0.5%Added
California Public Employees Retirement System332,120$11.8M0.01%+300.0%Added
Alliancebernstein L.P.262,135$11.7M0.00%+76,774+41.4%Added
Janney Montgomery Scott LLC299,412$10.6M0.03%+94,009+45.8%Added
Stifel Financial Corp285,249$10.1M0.01%−240−0.1%Reduced
Philadelphia Financial Management of San Francisco, LLC285,000$10.1M3.24%+285,000New
Freestone Grove Partners LP275,629$9.78M0.07%−87,755−24.1%Reduced
Hotchkis & Wiley Capital Management LLC261,751$9.29M0.03%+10,899+4.3%Added
Royal Bank of Canada261,053$9.27M0.00%−99,461−27.6%Reduced
Schonfeld Strategic Advisors LLC253,555$9.00M0.07%+94,035+58.9%Added
Illinois Municipal Retirement Fund236,312$8.39M0.11%+30,208+14.7%Added
JPMorgan Chase & Co242,165$8.25M0.00%+24,908+11.5%Added
Bridgewater Associates, LP225,339$8.00M0.04%−18,962−7.8%Reduced
Wiley Bros.-Aintree Capital, LLC222,848$7.91M0.04%+36,144+19.4%Added
Oak Harbor Wealth Partners, LLC219,577$7.79M1.83%+120.0%Added
Jump Financial, LLC213,700$7.59M0.11%+202,338+1,780.8%Added
Two Sigma Investments, LP213,491$7.58M0.01%+76,651+56.0%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.208,696$7.41M0.01%−25,068−10.7%Reduced
Point72 Asset Management, L.P.207,800$7.38M0.01%+207,800New
Bessemer Group Inc203,973$7.24M0.01%+41,345+25.4%Added
Allianz Asset Management GmbH200,801$7.13M0.01%−668,080−76.9%Reduced
California State Teachers Retirement System198,336$7.04M0.01%+37,812+23.6%Added
Access Investment Management LLC196,500$6.98M1.86%00.0%Unchanged
New York State Teachers Retirement System191,669$6.80M0.01%−5,443−2.8%Reduced
Commonwealth Equity Services, LLC190,592$6.77M0.01%+42,078+28.3%Added
Prudential Financial Inc186,556$6.62M0.01%−57,834−23.7%Reduced
Advisor Group Holdings, Inc.182,420$6.48M0.01%−89,973−33.0%Reduced
PEAK6 LLC179,951$6.39M0.18%+179,951New
Citigroup Inc175,936$6.25M0.00%+53,781+44.0%Added
Universal- Beteiligungs- und Servicegesellschaft mbH167,582$5.95M0.01%−19,018−10.2%Reduced
FMR LLC160,427$5.70M0.00%−17,405−9.8%Reduced
Robeco Institutional Asset Management B.V.156,071$5.54M0.01%+1,149+0.7%Added
Great West Life Assurance Co154,823$5.50M0.01%−25,638−14.2%Reduced
Vanguard Asset Management, Ltd152,320$5.41M0.00%+152,320New
Ci Investments Inc.151,350$5.37M0.03%−10,649−6.6%Reduced
Susquehanna Portfolio Strategies, LLC145,099$5.15M0.08%−11,300−7.2%Reduced
State Board of Administration of Florida Retirement System143,550$5.10M0.01%−4,634−3.1%Reduced
Thrivent Financial for Lutherans142,252$5.05M0.01%+3,842+2.8%Added
Gotham Asset Management, LLC140,126$4.97M0.02%−164,735−54.0%Reduced
Easterly Investment Partners LLC139,786$4.95M0.38%−341,498−71.0%Reduced