Lincoln Capital Corp.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 16, 2025), Lincoln Capital Corp. reported 89 stock positions worth $277.8 million. Its top holding was Microsoft (MSFT) at 9.2% of the portfolio, followed by iShares Core MSCI Eafe ETF (IEFA, 6.5%) and Goldman Activebeta US LC ETF (GSLC, 6.0%). Compared with Q2 2025, it opened 9 new positions, sold out of 8, added to 23 and reduced 39. The biggest buy was Ste STR SPDR PT S&P 500 ETF (SPYM, shares +35%) and the biggest sale T-Mobile US (TMUS, shares −46%).
- Most Recent 13F
- Q2 2026
- Location
- EAST GREENWICH, RI
- CIK
- 0000872359
- Portfolio Value
- $277.8M (Q3 2025)
- SEC Filing
- 0000872359-25-000002 ↗ filed Oct 16, 2025
Holdings Value
Holdings 89 stocks · $277.8M
| MSFT Microsoft Corp. | 9.21% | 49,393 | $25.6M | Add +0.1% |
| IEFA iShares Core MSCI Eafe ETF | 6.55% | 208,351 | $18.2M | Reduce -1.2% |
| GSLC Goldman Activebeta US LC ETF | 6.01% | 128,240 | $16.7M | Reduce -1.7% |
| AAPL Apple Inc. | 5.05% | 55,058 | $14.0M | Reduce -0.3% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 4.29% | 152,182 | $11.9M | Add +34.5% |
| IEF iShares 7-10 Year Treasury B | 3.70% | 106,662 | $10.3M | Add +2.8% |
| SCHM Schwab US Mid Cap ETF | 3.59% | 336,868 | $10.0M | Reduce -0.1% |
| AMZN Amazon.com Inc. | 3.57% | 45,215 | $9.9M | Reduce -0.2% |
| JAAA Janus Henderson Aaa Clo ETF | 2.97% | 162,439 | $8.2M | Add +2.9% |
| COR Cencora Inc. | 2.53% | 22,465 | $7.0M | Reduce -1.3% |
| MBB iShares MBS ETF | 2.52% | 73,640 | $7.0M | Add +1.7% |
| CGNG Cap Group New Geography Eq filed as CAPITAL GROUP NEW GEOGRAPHY | 2.49% | 223,450 | $6.9M | Reduce -1.1% |
| GOOGL Alphabet Inc. Class A | 2.43% | 27,787 | $6.8M | Reduce -0.8% |
| JMBS Janus Henderson Mortg Backed | 2.33% | 141,800 | $6.5M | Add +3.6% |
| AVGO Broadcom Inc. | 2.23% | 18,739 | $6.2M | Add +0.6% |
| SCHW Schwab (charles) Corp. | 2.09% | 60,685 | $5.8M | Reduce -2.7% |
| SGOV iShares 0-3 Month Treasury B | 2.05% | 56,575 | $5.7M | Add +67.1% |
| FELC Fidelity Enh LRG Cap Cor ETF | 2.03% | 151,629 | $5.7M | Reduce -2.9% |
| RKT Rocket Cos Inc. Class A | 1.91% | 273,525 | $5.3M | Add +1.1% |
| VFMO Vanguard US Momentum Factor | 1.81% | 26,231 | $5.0M | Reduce -0.2% |
| QUAL iShares MSCI USA Quality Fac | 1.73% | 24,715 | $4.8M | Reduce -35.8% |
| IVV iShares Core S&P 500 ETF | 1.63% | 6,773 | $4.5M | Reduce -8.2% |
| GE General Electric filed as GE AEROSPACE | 1.56% | 14,429 | $4.3M | Reduce -2.1% |
| FBND Fidelity Total Bond ETF | 1.39% | 83,653 | $3.9M | Add +2.1% |
| FESM Fidelity Enhanced Small Cap | 1.16% | 88,334 | $3.2M | Reduce -0.2% |
| TMUS T-Mobile US Inc. | 1.13% | 13,158 | $3.1M | Reduce -46.5% |
| DTE DTE Energy Company | 1.12% | 22,054 | $3.1M | Reduce -0.3% |
| TCAF T Rowe PRC Cap Appreciation | 1.07% | 79,134 | $3.0M | Add +2.6% |
| WMT Walmart Inc. | 1.05% | 28,190 | $2.9M | No change |
| TSPA T Rowe Price US Eqy Research | 1.04% | 68,678 | $2.9M | Add +2.0% |
| SCHB Schwab US Broad Market ETF | 1.04% | 111,853 | $2.9M | Reduce -1.9% |
| NI Nisource Inc. | 1.00% | 64,448 | $2.8M | Add +0.2% |
| DFAE Dimensional Emerging Core Eq | 0.99% | 87,119 | $2.7M | Reduce -1.1% |
| MAA Mid-America Apartment Comm | 0.88% | 17,568 | $2.5M | Reduce -9.9% |
| MA Mastercard Inc. Class A | 0.80% | 3,918 | $2.2M | Reduce -0.7% |
| MDT Medtronic PLC | 0.77% | 22,517 | $2.1M | Reduce -15.9% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.70% | 6,576 | $1.9M | Reduce -0.7% |
| ADSK Autodesk Inc. | 0.67% | 5,900 | $1.9M | Reduce -13.5% |
| SHV iShares 0-1 Year Treasury Bo | 0.67% | 16,799 | $1.9M | Add +3.9% |
| CEF Sprott Physical Gold and Sil | 0.57% | 42,900 | $1.6M | No change |
| NVDA Nvidia Corp. | 0.54% | 8,031 | $1.5M | Add +15.6% |
| INTF iShares International Equity | 0.52% | 40,542 | $1.5M | Reduce -13.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.48% | 2,017 | $1.3M | Reduce -0.2% |
| SCHX Schwab US Large-Cap ETF | 0.46% | 48,643 | $1.3M | Reduce -0.0% |
| UNH Unitedhealth Group Inc. | 0.46% | 3,685 | $1.3M | Reduce -0.0% |
| NFLX Netflix Inc. | 0.44% | 1,029 | $1.2M | Reduce -0.1% |
| VIG Vanguard Dividend Apprec ETF | 0.43% | 5,495 | $1.2M | No change |
| PSLV Sprott Physical Silver Trust | 0.37% | 65,000 | $1.0M | No change |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.35% | 19,165 | $960K | Add +10.8% |
| ABT Abbott Laboratories | 0.34% | 7,154 | $958K | No change |
| META Meta Platforms Inc. Class A | 0.34% | 1,291 | $948K | Reduce -3.0% |
| IJR iShares Core S&P Small-Cap E | 0.28% | 6,472 | $769K | No change |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.27% | 8,268 | $759K | Reduce -4.3% |
| EFA iShares MSCI Eafe ETF | 0.25% | 7,490 | $699K | Reduce -0.6% |
| AMGN Amgen Inc. | 0.23% | 2,235 | $631K | Add +29.4% |
| JPM JPMorgan Chase & Co. | 0.23% | 1,991 | $628K | Add +13.9% |
| TSLA Tesla Inc. | 0.22% | 1,395 | $620K | Reduce -7.0% |
| GLW Corning Inc. | 0.20% | 6,651 | $546K | Reduce -15.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.17% | 9,298 | $480K | Add +0.4% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.17% | 11,143 | $477K | No change |
| PH Parker Hannifin Corp. | 0.16% | 581 | $440K | No change |
| XLK SS Technology Select Sector | 0.16% | 1,553 | $438K | No change |
| AG First Majestic Silver Corp. | 0.15% | 34,300 | $422K | No change |
| KGC Kinross Gold Corp. | 0.13% | 15,000 | $373K | No change |
| BX Blackstone Inc. | 0.12% | 1,944 | $332K | Reduce -3.0% |
| MTUM iShares MSCI USA Momentum Fa | 0.12% | 1,290 | $331K | Reduce -0.5% |
| DJT Trump Media & Technology Gro | 0.12% | 20,000 | $328K | No change |
| CFG Citizens Financial Group | 0.12% | 6,128 | $326K | Add +0.9% |
| F Ford Motor Co. filed as FORD MTR CO | 0.12% | 26,805 | $321K | Add +16.2% |
| PFE Pfizer Inc. | 0.11% | 12,256 | $312K | New |
| GOOG Alphabet Inc. Class C | 0.10% | 1,185 | $289K | No change |
| IBDW iShares Ibonds Dec 2031 Corp. | 0.10% | 13,534 | $287K | Reduce -7.3% |
| T AT&T Inc. | 0.10% | 10,132 | $286K | Add +3.0% |
| APH Amphenol Corp. Class A | 0.10% | 2,262 | $280K | New |
| WM Waste Management Inc. | 0.10% | 1,201 | $265K | Add +0.8% |
| TRMB Trimble Inc. | 0.09% | 3,068 | $251K | No change |
| COST Costco Wholesale Corp. | 0.09% | 263 | $243K | Reduce -28.1% |
| MOS The Mosaic Co. | 0.09% | 7,000 | $243K | No change |
| CVIE Cal Intl Responsible Index | 0.09% | 3,500 | $239K | New |
| SCHA Schwab US Small-Cap ETF | 0.09% | 8,464 | $236K | No change |
| BSMU Invesco Bulletshares 2030 MB | 0.08% | 10,648 | $233K | Reduce -29.1% |
| GEV GE Vernova Inc. | 0.08% | 369 | $227K | New |
| V Visa Inc. Class A | 0.08% | 652 | $223K | No change |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.08% | 2,010 | $219K | New |
| VGIT Vanguard Intermediate-Term T | 0.08% | 3,573 | $214K | New |
| MSI Motorola Solutions Inc. | 0.08% | 463 | $212K | New |
| IWF iShares Russell 1000 Growth | 0.08% | 446 | $209K | New |
| SGDJ Sprott Jr. Gold Miners ETF | 0.07% | 2,876 | $206K | New |
| NFGC New Found Gold Corp. | 0.02% | 25,000 | $59K | No change |
Other holdings (1): bonds, preferreds, convertibles and warrants · $283K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| DJTWW Trump Media & Technology Gro | *W EXP 03/25/202 | 35,000 | $283K | No change |
Total filed on the 13F, all lines: $278.1M.
Portfolio Sells Q2 2025 → Q3 2025
| TMUS T-Mobile US Inc. | Reduce -46.5% | 1.13% | −1.12 |
| QUAL iShares MSCI USA Quality Fac | Reduce -35.8% | 1.73% | −0.98 |
| AMZN Amazon.com Inc. | Reduce -0.2% | 3.57% | −0.25 |
| MAA Mid-America Apartment Comm | Reduce -9.9% | 0.88% | −0.23 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -1.2% | 6.55% | −0.22 |
| ADSK Autodesk Inc. | Reduce -13.5% | 0.67% | −0.14 |
| IVV iShares Core S&P 500 ETF | Reduce -8.2% | 1.63% | −0.13 |
| MDT Medtronic PLC | Reduce -15.9% | 0.77% | −0.13 |
| MFC Manulife Financial Corp. | Sold out | 0.00% | −0.10 |
| IBM Intl Business Machines Corp. | Sold out | 0.00% | −0.10 |
| SCHW Schwab (charles) Corp. | Reduce -2.7% | 2.09% | −0.10 |
| COR Cencora Inc. | Reduce -1.3% | 2.53% | −0.10 |
| INTF iShares International Equity | Reduce -13.6% | 0.52% | −0.09 |
| MAR Marriott International Class A | Sold out | 0.00% | −0.09 |
| FTNT Fortinet Inc. | Sold out | 0.00% | −0.09 |
| NFLX Netflix Inc. | Reduce -0.1% | 0.44% | −0.09 |
| SPMB SS SPDR P Mort Back Bond ETF | Sold out | 0.00% | −0.09 |
| GSK GSK PLC-Spon ADR | Sold out | 0.00% | −0.08 |
| TT Trane Technologies PLC | Sold out | 0.00% | −0.08 |
| SYK Stryker Corp. | Sold out | 0.00% | −0.08 |
| GSLC Goldman Activebeta US LC ETF | Reduce -1.7% | 6.01% | −0.07 |
| COST Costco Wholesale Corp. | Reduce -28.1% | 0.09% | −0.05 |
| MA Mastercard Inc. Class A | Reduce -0.7% | 0.80% | −0.05 |
| SCHM Schwab US Mid Cap ETF | Reduce -0.1% | 3.59% | −0.04 |
| BSMU Invesco Bulletshares 2030 MB | Reduce -29.1% | 0.08% | −0.04 |
| META Meta Platforms Inc. Class A | Reduce -3.0% | 0.34% | −0.04 |
| FELC Fidelity Enh LRG Cap Cor ETF | Reduce -2.9% | 2.03% | −0.04 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -4.3% | 0.27% | −0.03 |
| CGNG Cap Group New Geography Eq | Reduce -1.1% | 2.49% | −0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -0.7% | 0.70% | −0.02 |
| IBDW iShares Ibonds Dec 2031 Corp. | Reduce -7.3% | 0.10% | −0.01 |
| SCHB Schwab US Broad Market ETF | Reduce -1.9% | 1.04% | −0.01 |
| EFA iShares MSCI Eafe ETF | Reduce -0.6% | 0.25% | −0.01 |
| DTE DTE Energy Company | Reduce -0.3% | 1.12% | −0.00 |
| MTUM iShares MSCI USA Momentum Fa | Reduce -0.5% | 0.12% | −0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.2% | 0.48% | +0.00 |
| SCHX Schwab US Large-Cap ETF | Reduce -0.0% | 0.46% | +0.00 |
| BX Blackstone Inc. | Reduce -3.0% | 0.12% | +0.00 |
| DFAE Dimensional Emerging Core Eq | Reduce -1.1% | 0.99% | +0.01 |
| UNH Unitedhealth Group Inc. | Reduce -0.0% | 0.46% | +0.02 |
| GLW Corning Inc. | Reduce -15.2% | 0.20% | +0.04 |
| TSLA Tesla Inc. | Reduce -7.0% | 0.22% | +0.04 |
| VFMO Vanguard US Momentum Factor | Reduce -0.2% | 1.81% | +0.07 |
| FESM Fidelity Enhanced Small Cap | Reduce -0.2% | 1.16% | +0.07 |
| GE General Electric | Reduce -2.1% | 1.56% | +0.10 |
| GOOGL Alphabet Inc. Class A | Reduce -0.8% | 2.43% | +0.53 |
| AAPL Apple Inc. | Reduce -0.3% | 5.05% | +0.69 |
Portfolio Buys Q2 2025 → Q3 2025
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +34.5% | 4.29% | +1.13 |
| SGOV iShares 0-3 Month Treasury B | Add +67.1% | 2.05% | +0.74 |
| RKT Rocket Cos Inc. Class A | Add +1.1% | 1.91% | +0.43 |
| AVGO Broadcom Inc. | Add +0.6% | 2.23% | +0.25 |
| NVDA Nvidia Corp. | Add +15.6% | 0.54% | +0.12 |
| PFE Pfizer Inc. | New | 0.11% | +0.11 |
| APH Amphenol Corp. Class A | New | 0.10% | +0.10 |
| CVIE Cal Intl Responsible Index | New | 0.09% | +0.09 |
| GEV GE Vernova Inc. | New | 0.08% | +0.08 |
| BNY Bank of New York Mellon Corp. | New | 0.08% | +0.08 |
| VGIT Vanguard Intermediate-Term T | New | 0.08% | +0.08 |
| MSI Motorola Solutions Inc. | New | 0.08% | +0.08 |
| IWF iShares Russell 1000 Growth | New | 0.08% | +0.08 |
| SGDJ Sprott Jr. Gold Miners ETF | New | 0.07% | +0.07 |
| AMGN Amgen Inc. | Add +29.4% | 0.23% | +0.04 |
| JPM JPMorgan Chase & Co. | Add +13.9% | 0.23% | +0.03 |
| TSPA T Rowe Price US Eqy Research | Add +2.0% | 1.04% | +0.03 |
| TCAF T Rowe PRC Cap Appreciation | Add +2.6% | 1.07% | +0.03 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +10.8% | 0.35% | +0.02 |
| F Ford Motor Co. | Add +16.2% | 0.12% | +0.02 |
| CFG Citizens Financial Group | Add +0.9% | 0.12% | +0.01 |
| NI Nisource Inc. | Add +0.2% | 1.00% | +0.01 |
| BAC Bank of America Corp. | Add +0.4% | 0.17% | +0.00 |
| T AT&T Inc. | Add +3.0% | 0.10% | −0.01 |
| WM Waste Management Inc. | Add +0.8% | 0.10% | −0.01 |
| SHV iShares 0-1 Year Treasury Bo | Add +3.9% | 0.67% | −0.02 |
| JMBS Janus Henderson Mortg Backed | Add +3.6% | 2.33% | −0.04 |
| FBND Fidelity Total Bond ETF | Add +2.1% | 1.39% | −0.05 |
| MBB iShares MBS ETF | Add +1.7% | 2.52% | −0.09 |
| JAAA Janus Henderson Aaa Clo ETF | Add +2.9% | 2.97% | −0.11 |
| IEF iShares 7-10 Year Treasury B | Add +2.8% | 3.70% | −0.12 |
| MSFT Microsoft Corp. | Add +0.1% | 9.21% | −0.23 |
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 |