Lincoln Capital Corp.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 28, 2025), Lincoln Capital Corp. reported 90 stock positions worth $239.7 million. Its top holding was Microsoft (MSFT) at 7.8% of the portfolio, followed by iShares Core MSCI Eafe ETF (IEFA, 6.5%) and Goldman Activebeta US LC ETF (GSLC, 5.5%). Compared with Q4 2024, it opened 13 new positions, sold out of 8, added to 29 and reduced 36. The biggest buy was a new position in Cap Group New Geography Eq (CGNG) and the biggest sale Nvidia (NVDA, shares −79%).
- Most Recent 13F
- Q2 2026
- Location
- EAST GREENWICH, RI
- CIK
- 0000872359
- Portfolio Value
- $239.7M (Q1 2025)
- SEC Filing
- 0001085146-25-002375 ↗ filed Apr 28, 2025
Holdings Value
Holdings 90 stocks · $239.7M
| MSFT Microsoft Corp. | 7.75% | 49,522 | $18.6M | Reduce -2.7% |
| IEFA iShares Core MSCI Eafe ETF | 6.51% | 206,178 | $15.6M | Reduce -0.3% |
| GSLC Goldman Activebeta US LC ETF | 5.49% | 119,577 | $13.2M | Reduce -6.1% |
| AAPL Apple Inc. | 5.49% | 59,194 | $13.1M | Reduce -2.2% |
| IEF iShares 7-10 Year Treasury B | 4.07% | 102,291 | $9.8M | Add +3.0% |
| SCHM Schwab US Mid Cap ETF | 3.64% | 332,842 | $8.7M | Reduce -2.2% |
| AMZN Amazon.com Inc. | 3.57% | 44,981 | $8.6M | Add +2.8% |
| JAAA Janus Henderson Aaa Clo ETF | 3.31% | 156,698 | $7.9M | Add +0.4% |
| MBB iShares MBS ETF | 2.81% | 71,937 | $6.7M | Reduce -0.9% |
| TMUS T-Mobile US Inc. | 2.81% | 25,241 | $6.7M | Reduce -19.9% |
| QUAL iShares MSCI USA Quality Fac | 2.77% | 38,828 | $6.6M | Reduce -18.3% |
| SGOV iShares 0-3 Month Treasury B | 2.74% | 65,173 | $6.6M | Add +21.9% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 2.73% | 99,462 | $6.5M | Add +10.3% |
| COR Cencora Inc. | 2.62% | 22,600 | $6.3M | Reduce -1.5% |
| JMBS Janus Henderson Mortg Backed | 2.62% | 138,981 | $6.3M | Add +3.2% |
| UNH Unitedhealth Group Inc. | 2.03% | 9,291 | $4.9M | Reduce -31.8% |
| SCHW Schwab (charles) Corp. | 2.02% | 61,929 | $4.8M | Reduce -3.6% |
| FELC Fidelity Enh LRG Cap Cor ETF | 2.00% | 153,983 | $4.8M | Add +18.5% |
| GOOGL Alphabet Inc. Class A | 1.81% | 28,128 | $4.3M | Reduce -2.7% |
| IVV iShares Core S&P 500 ETF | 1.75% | 7,485 | $4.2M | Reduce -2.2% |
| VFMO Vanguard US Momentum Factor | 1.65% | 26,038 | $4.0M | Reduce -3.1% |
| FBND Fidelity Total Bond ETF | 1.52% | 79,865 | $3.6M | Reduce -0.1% |
| AVGO Broadcom Inc. | 1.37% | 19,619 | $3.3M | Add +580.5% |
| MAA Mid-America Apartment Comm | 1.35% | 19,356 | $3.2M | Reduce -0.8% |
| CGNG Cap Group New Geography Eq filed as CAPITAL GROUP NEW GEOGRAPHY | 1.30% | 123,639 | $3.1M | New |
| DTE DTE Energy Company | 1.25% | 21,717 | $3.0M | Reduce -3.5% |
| GE General Electric filed as GE AEROSPACE | 1.23% | 14,781 | $3.0M | Add +49.8% |
| NI Nisource Inc. | 1.07% | 63,751 | $2.6M | New |
| WMT Walmart Inc. | 1.06% | 28,857 | $2.5M | Reduce -1.2% |
| SCHB Schwab US Broad Market ETF | 1.02% | 113,689 | $2.4M | Add +0.2% |
| MDT Medtronic PLC | 1.02% | 27,090 | $2.4M | New |
| TCAF T Rowe PRC Cap Appreciation | 1.01% | 74,779 | $2.4M | Add +4.8% |
| TSPA T Rowe Price US Eqy Research | 0.96% | 65,705 | $2.3M | Add +4.9% |
| FESM Fidelity Enhanced Small Cap | 0.94% | 76,191 | $2.2M | Reduce -1.1% |
| DFAE Dimensional Emerging Core Eq | 0.92% | 85,443 | $2.2M | Add +246.3% |
| MA Mastercard Inc. Class A | 0.90% | 3,929 | $2.2M | Add +2.5% |
| SHV iShares 0-1 Year Treasury Bo | 0.73% | 15,781 | $1.7M | Reduce -1.0% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.72% | 6,660 | $1.7M | Add +1.5% |
| INTF iShares International Equity | 0.62% | 48,125 | $1.5M | Reduce -17.8% |
| MRVL Marvell Technology Inc. | 0.59% | 23,140 | $1.4M | New |
| VOO Vanguard S&P 500 ETF | 0.52% | 2,408 | $1.2M | New |
| CEF Sprott Physical Gold and Sil | 0.51% | 42,900 | $1.2M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.47% | 2,024 | $1.1M | No change |
| VIG Vanguard Dividend Apprec ETF | 0.44% | 5,495 | $1.1M | Add +1.9% |
| RDFN Redfin Corp. | 0.43% | 112,770 | $1.0M | New |
| NFLX Netflix Inc. | 0.40% | 1,026 | $957K | Reduce -2.3% |
| ABT Abbott Laboratories | 0.40% | 7,154 | $949K | No change |
| XLK SS Technology Select Sector | 0.38% | 4,397 | $908K | Add +150.3% |
| META Meta Platforms Inc. Class A | 0.36% | 1,511 | $871K | Add +2.3% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.35% | 16,923 | $840K | Reduce -3.9% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.34% | 8,958 | $822K | Reduce -5.8% |
| RKT Rocket Cos Inc. Class A | 0.34% | 66,975 | $808K | Reduce -58.8% |
| PSLV Sprott Physical Silver Trust | 0.31% | 65,000 | $754K | No change |
| NVDA Nvidia Corp. | 0.30% | 6,740 | $730K | Reduce -78.7% |
| IJR iShares Core S&P Small-Cap E | 0.28% | 6,472 | $677K | No change |
| EFA iShares MSCI Eafe ETF | 0.26% | 7,641 | $624K | No change |
| JPM JPMorgan Chase & Co. | 0.19% | 1,815 | $445K | Add +12.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.18% | 10,232 | $427K | Reduce -6.6% |
| BSMU Invesco Bulletshares 2030 MB | 0.17% | 18,488 | $399K | Reduce -27.5% |
| AMGN Amgen Inc. | 0.17% | 1,274 | $397K | Reduce -25.6% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.17% | 10,887 | $396K | Add +8.2% |
| DJT Trump Media & Technology Gro | 0.16% | 20,000 | $391K | No change |
| TSLA Tesla Inc. | 0.16% | 1,479 | $383K | No change |
| GLW Corning Inc. | 0.16% | 8,225 | $377K | Add +0.3% |
| PFE Pfizer Inc. | 0.16% | 14,720 | $373K | Add +30.5% |
| PH Parker Hannifin Corp. | 0.15% | 581 | $353K | Reduce -0.3% |
| COST Costco Wholesale Corp. | 0.15% | 370 | $350K | Reduce -10.2% |
| MTUM iShares MSCI USA Momentum Fa | 0.13% | 1,563 | $316K | Add +7.1% |
| CNA Cna Financial Corp. | 0.13% | 6,091 | $309K | Add +20.8% |
| IBDW iShares Ibonds Dec 2031 Corp. | 0.13% | 14,874 | $309K | Add +16.6% |
| CFG Citizens Financial Group | 0.13% | 7,452 | $305K | Add +16.5% |
| XLY SS Consumer Disc Select Sect | 0.12% | 1,489 | $294K | New |
| BX Blackstone Inc. | 0.12% | 2,052 | $287K | Reduce -4.7% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.12% | 3,415 | $286K | Reduce -14.6% |
| XOM Exxon Mobil Corp. | 0.12% | 2,318 | $276K | New |
| MOS The Mosaic Co. | 0.11% | 10,000 | $270K | New |
| IWM iShares Russell 2000 ETF | 0.11% | 1,339 | $267K | New |
| MFC Manulife Financial Corp. | 0.11% | 8,543 | $266K | Reduce -10.5% |
| V Visa Inc. Class A | 0.10% | 678 | $238K | New |
| LLY Eli Lilly & Co. | 0.10% | 281 | $232K | Add +8.1% |
| GOOG Alphabet Inc. Class C | 0.10% | 1,485 | $232K | No change |
| AG First Majestic Silver Corp. | 0.10% | 34,300 | $229K | No change |
| SPMB SS SPDR P Mort Back Bond ETF | 0.09% | 9,999 | $220K | Reduce -23.8% |
| MSI Motorola Solutions Inc. | 0.09% | 476 | $208K | Add +9.2% |
| CAT Caterpillar Inc. | 0.09% | 630 | $208K | Add +7.7% |
| F Ford Motor Co. filed as FORD MTR CO | 0.09% | 20,592 | $207K | Reduce -0.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.09% | 825 | $205K | New |
| WM Waste Management Inc. | 0.08% | 864 | $200K | New |
| KGC Kinross Gold Corp. | 0.08% | 15,000 | $189K | No change |
| NFGC New Found Gold Corp. | 0.01% | 25,000 | $30K | No change |
Other holdings (1): bonds, preferreds, convertibles and warrants · $435K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| DJTWW Trump Media & Technology Gro | *W EXP 03/25/202 | 35,000 | $435K | No change |
Total filed on the 13F, all lines: $240.2M.
Portfolio Sells Q4 2024 → Q1 2025
| NVDA Nvidia Corp. | Reduce -78.7% | 0.30% | −1.44 |
| MSFT Microsoft Corp. | Reduce -2.7% | 7.75% | −1.09 |
| TSN Tyson Foods Inc. Class A | Sold out | 0.00% | −1.00 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −0.89 |
| UNH Unitedhealth Group Inc. | Reduce -31.8% | 2.03% | −0.81 |
| AAPL Apple Inc. | Reduce -2.2% | 5.49% | −0.76 |
| QUAL iShares MSCI USA Quality Fac | Reduce -18.3% | 2.77% | −0.72 |
| GSLC Goldman Activebeta US LC ETF | Reduce -6.1% | 5.49% | −0.55 |
| TXT Textron Inc. | Sold out | 0.00% | −0.49 |
| SDHC Smith Douglas Homes Corp. | Sold out | 0.00% | −0.45 |
| GOOGL Alphabet Inc. Class A | Reduce -2.7% | 1.81% | −0.44 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −0.42 |
| RKT Rocket Cos Inc. Class A | Reduce -58.8% | 0.34% | −0.42 |
| VGLT Vanguard Long-Term Treasury | Sold out | 0.00% | −0.30 |
| SCHM Schwab US Mid Cap ETF | Reduce -2.2% | 3.64% | −0.25 |
| VFMO Vanguard US Momentum Factor | Reduce -3.1% | 1.65% | −0.17 |
| CI The Cigna Group | Sold out | 0.00% | −0.16 |
| IVV iShares Core S&P 500 ETF | Reduce -2.2% | 1.75% | −0.10 |
| FESM Fidelity Enhanced Small Cap | Reduce -1.1% | 0.94% | −0.09 |
| INTF iShares International Equity | Reduce -17.8% | 0.62% | −0.07 |
| BSMU Invesco Bulletshares 2030 MB | Reduce -27.5% | 0.17% | −0.06 |
| TMUS T-Mobile US Inc. | Reduce -19.9% | 2.81% | −0.06 |
| BX Blackstone Inc. | Reduce -4.7% | 0.12% | −0.03 |
| WMT Walmart Inc. | Reduce -1.2% | 1.06% | −0.03 |
| SPMB SS SPDR P Mort Back Bond ETF | Reduce -23.8% | 0.09% | −0.02 |
| BAC Bank of America Corp. | Reduce -6.6% | 0.18% | −0.02 |
| AMGN Amgen Inc. | Reduce -25.6% | 0.17% | −0.02 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -5.8% | 0.34% | −0.02 |
| BWEN Broadwind Inc. | Sold out | 0.00% | −0.02 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -3.9% | 0.35% | −0.01 |
| MFC Manulife Financial Corp. | Reduce -10.5% | 0.11% | −0.01 |
| COST Costco Wholesale Corp. | Reduce -10.2% | 0.15% | −0.01 |
| BNY Bank of New York Mellon Corp. | Reduce -14.6% | 0.12% | −0.01 |
| PH Parker Hannifin Corp. | Reduce -0.3% | 0.15% | −0.01 |
| F Ford Motor Co. | Reduce -0.2% | 0.09% | +0.00 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -1.0% | 0.73% | +0.00 |
| NFLX Netflix Inc. | Reduce -2.3% | 0.40% | +0.01 |
| FBND Fidelity Total Bond ETF | Reduce -0.1% | 1.52% | +0.04 |
| SCHW Schwab (charles) Corp. | Reduce -3.6% | 2.02% | +0.06 |
| MBB iShares MBS ETF | Reduce -0.9% | 2.81% | +0.07 |
| MAA Mid-America Apartment Comm | Reduce -0.8% | 1.35% | +0.11 |
| DTE DTE Energy Company | Reduce -3.5% | 1.25% | +0.13 |
| COR Cencora Inc. | Reduce -1.5% | 2.62% | +0.50 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -0.3% | 6.51% | +0.52 |
Portfolio Buys Q4 2024 → Q1 2025
| CGNG Cap Group New Geography Eq | New | 1.30% | +1.30 |
| AVGO Broadcom Inc. | Add +580.5% | 1.37% | +1.09 |
| NI Nisource Inc. | New | 1.07% | +1.07 |
| MDT Medtronic PLC | New | 1.02% | +1.02 |
| DFAE Dimensional Emerging Core Eq | Add +246.3% | 0.92% | +0.66 |
| MRVL Marvell Technology Inc. | New | 0.59% | +0.59 |
| GE General Electric | Add +49.8% | 1.23% | +0.56 |
| SGOV iShares 0-3 Month Treasury B | Add +21.9% | 2.74% | +0.53 |
| VOO Vanguard S&P 500 ETF | New | 0.52% | +0.52 |
| RDFN Redfin Corp. | New | 0.43% | +0.43 |
| IEF iShares 7-10 Year Treasury B | Add +3.0% | 4.07% | +0.29 |
| FELC Fidelity Enh LRG Cap Cor ETF | Add +18.5% | 2.00% | +0.24 |
| XLK SS Technology Select Sector | Add +150.3% | 0.38% | +0.21 |
| JMBS Janus Henderson Mortg Backed | Add +3.2% | 2.62% | +0.17 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +10.3% | 2.73% | +0.17 |
| XLY SS Consumer Disc Select Sect | New | 0.12% | +0.12 |
| XOM Exxon Mobil Corp. | New | 0.12% | +0.12 |
| MOS The Mosaic Co. | New | 0.11% | +0.11 |
| IWM iShares Russell 2000 ETF | New | 0.11% | +0.11 |
| V Visa Inc. Class A | New | 0.10% | +0.10 |
| IBM Intl Business Machines Corp. | New | 0.09% | +0.09 |
| WM Waste Management Inc. | New | 0.08% | +0.08 |
| MA Mastercard Inc. Class A | Add +2.5% | 0.90% | +0.07 |
| JAAA Janus Henderson Aaa Clo ETF | Add +0.4% | 3.31% | +0.05 |
| PFE Pfizer Inc. | Add +30.5% | 0.16% | +0.03 |
| TCAF T Rowe PRC Cap Appreciation | Add +4.8% | 1.01% | +0.03 |
| CNA Cna Financial Corp. | Add +20.8% | 0.13% | +0.03 |
| JPM JPMorgan Chase & Co. | Add +12.4% | 0.19% | +0.03 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +8.2% | 0.17% | +0.02 |
| IBDW iShares Ibonds Dec 2031 Corp. | Add +16.6% | 0.13% | +0.02 |
| LLY Eli Lilly & Co. | Add +8.1% | 0.10% | +0.01 |
| CFG Citizens Financial Group | Add +16.5% | 0.13% | +0.01 |
| TSPA T Rowe Price US Eqy Research | Add +4.9% | 0.96% | +0.01 |
| VIG Vanguard Dividend Apprec ETF | Add +1.9% | 0.44% | +0.01 |
| MTUM iShares MSCI USA Momentum Fa | Add +7.1% | 0.13% | +0.01 |
| META Meta Platforms Inc. Class A | Add +2.3% | 0.36% | +0.01 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +1.5% | 0.72% | +0.00 |
| MSI Motorola Solutions Inc. | Add +9.2% | 0.09% | +0.00 |
| CAT Caterpillar Inc. | Add +7.7% | 0.09% | −0.00 |
| GLW Corning Inc. | Add +0.3% | 0.16% | −0.00 |
| SCHB Schwab US Broad Market ETF | Add +0.2% | 1.02% | −0.04 |
| AMZN Amazon.com Inc. | Add +2.8% | 3.57% | −0.38 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 99 | $307.8M | SPYM, IEFA, MSFT, AAPL, SCHM |
| Q1 2026 | 99 | $271.7M | IEFA, SPYM, MSFT, AAPL, GSLC |
| Q4 2025 | 92 | $281.5M | MSFT, IEFA, GSLC, AAPL, SPYM |
| Q3 2025 | 89 | $277.8M | MSFT, IEFA, GSLC, AAPL, SPYM |
| Q2 2025 | 88 | $260.0M | MSFT, IEFA, GSLC, AAPL, AMZN |
| Q1 2025 | 90 | $239.7M | MSFT, IEFA, GSLC, AAPL, IEF |
| Q4 2024 | 85 | $242.7M | MSFT, AAPL, GSLC, IEFA, AMZN |
| Q3 2024 | 82 | $244.5M | MSFT, GSLC, IEFA, AAPL, SCHM |
| Q2 2024 | 81 | $232.8M | MSFT, GSLC, IEFA, AAPL, SCHM |
| Q1 2024 | 75 | $228.6M | GSLC, MSFT, IEFA, MBB, QUAL |