Lincoln National Corp.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 5, 2025), Lincoln National Corp. reported 20 stock positions worth $3.3 billion. Its top holding was Vanguard Mrngstar GR ETF-Sui (VUG) at 9.3% of the portfolio, followed by Vanguard Short-Term Bond ETF (BSV, 8.3%) and Vanguard Mrngstr Val ETF-Aui (VTV, 7.8%). Compared with Q1 2025, it opened 1 new position, sold out of 2, added to 11 and reduced 8. The biggest buy was a new position in Vanguard Total Intl Stock (VXUS) and the biggest sale an exit from Vanguard Ftse All Wo X-US SC (VSS).
- Most Recent 13F
- Q2 2026
- Location
- RADNOR, PA
- CIK
- 0000059558
- Portfolio Value
- $3.3B (Q2 2025)
- SEC Filing
- 0001085146-25-004499 ↗ filed Aug 5, 2025
Holdings Value
Holdings 20 stocks · $3.3B
| VUG Vanguard Mrngstar GR ETF-Sui | 9.28% | 698,089 | $306.0M | Add +0.2% |
| BSV Vanguard Short-Term Bond ETF | 8.25% | 3,457,109 | $272.1M | Reduce -1.9% |
| VTV Vanguard Mrngstr Val ETF-Aui | 7.83% | 1,461,382 | $258.3M | Add +2.5% |
| VTI VG Morningstar TS MKT ETF-US | 7.70% | 834,850 | $253.7M | Add +1.5% |
| VOO Vanguard S&P 500 ETF | 6.70% | 389,179 | $221.1M | Add +1.0% |
| VEU Vanguard Ftse All-World Ex-U | 6.70% | 3,285,744 | $220.9M | Add +6.7% |
| SCHP Schwab U.S. Tips ETF | 6.64% | 8,207,688 | $219.0M | Add +2.6% |
| BNDX Vanguard Total Intl Bond ETF | 6.16% | 4,099,678 | $203.0M | Reduce -0.7% |
| BLV Vanguard Long-Term Bond ETF | 5.07% | 2,402,802 | $167.1M | Add +0.9% |
| VMBS Vanguard Mortgage-Backed Sec | 4.85% | 3,452,281 | $160.0M | Reduce -1.4% |
| BIV Vanguard Intermediate-Term B | 4.63% | 1,975,344 | $152.8M | Reduce -2.2% |
| VEA Vanguard Ftse Developed ETF | 4.62% | 2,673,330 | $152.4M | Reduce -18.1% |
| VTHR Vanguard Russell 3000 | 3.86% | 466,325 | $127.2M | Add +1.4% |
| IEMG iShares Core MSCI Emerging | 3.33% | 1,829,653 | $109.8M | Reduce -4.6% |
| VWO Vanguard Ftse Emerging Marke | 3.22% | 2,144,527 | $106.1M | Add +8.6% |
| VXUS Vanguard Total Intl Stock | 3.00% | 1,430,993 | $98.9M | New |
| VGK Vanguard Ftse Europe ETF | 2.97% | 1,263,132 | $97.9M | Reduce -2.6% |
| VB Vanguard Most SM-Cap ETF-Usd | 2.10% | 292,062 | $69.2M | Add +4.1% |
| VPL Vanguard Ftse Pacific ETF | 2.10% | 841,300 | $69.1M | Reduce -36.3% |
| VXF Vanguard Extended Market ETF | 0.99% | 169,960 | $32.8M | Add +4.5% |
Portfolio Sells Q1 2025 → Q2 2025
| VSS Vanguard Ftse All Wo X-US SC | Sold out | 0.00% | −1.10 |
| VPL Vanguard Ftse Pacific ETF | Reduce -36.3% | 2.10% | −0.99 |
| VNQI Vanguard GLBL Ex-US Real Est | Sold out | 0.00% | −0.89 |
| VEA Vanguard Ftse Developed ETF | Reduce -18.1% | 4.62% | −0.73 |
| BSV Vanguard Short-Term Bond ETF | Reduce -1.9% | 8.25% | −0.64 |
| VMBS Vanguard Mortgage-Backed Sec | Reduce -1.4% | 4.85% | −0.37 |
| BIV Vanguard Intermediate-Term B | Reduce -2.2% | 4.63% | −0.35 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -0.7% | 6.16% | −0.34 |
| IEMG iShares Core MSCI Emerging | Reduce -4.6% | 3.33% | −0.00 |
| VGK Vanguard Ftse Europe ETF | Reduce -2.6% | 2.97% | +0.03 |
Portfolio Buys Q1 2025 → Q2 2025
| VXUS Vanguard Total Intl Stock | New | 3.00% | +3.00 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +0.2% | 9.28% | +0.95 |
| VEU Vanguard Ftse All-World Ex-U | Add +6.7% | 6.70% | +0.68 |
| VTI VG Morningstar TS MKT ETF-US | Add +1.5% | 7.70% | +0.41 |
| VWO Vanguard Ftse Emerging Marke | Add +8.6% | 3.22% | +0.34 |
| VOO Vanguard S&P 500 ETF | Add +1.0% | 6.70% | +0.32 |
| VTHR Vanguard Russell 3000 | Add +1.4% | 3.86% | +0.20 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +4.1% | 2.10% | +0.09 |
| VXF Vanguard Extended Market ETF | Add +4.5% | 0.99% | +0.09 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +2.5% | 7.83% | −0.11 |
| SCHP Schwab U.S. Tips ETF | Add +2.6% | 6.64% | −0.29 |
| BLV Vanguard Long-Term Bond ETF | Add +0.9% | 5.07% | −0.33 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 20 | $3.9B | VUG, VTV, BSV, VTI, VEU |
| Q1 2026 | 19 | $3.5B | VUG, BSV, VTV, VTI, VEU |
| Q4 2025 | 20 | $3.4B | VUG, BSV, VTV, VTI, VEU |
| Q3 2025 | 20 | $3.5B | VUG, BSV, VTV, VTI, VEU |
| Q2 2025 | 20 | $3.3B | VUG, BSV, VTV, VTI, VOO |
| Q1 2025 | 21 | $3.1B | BSV, VUG, VTV, VTI, SCHP |
| Q4 2024 | 21 | $3.1B | VUG, BSV, VTI, VTV, SCHP |
| Q3 2024 | 23 | $3.1B | VTI, MGK, BSV, MGV, SCHP |
| Q2 2024 | 23 | $3.0B | VTI, MGK, BSV, MGV, SCHP |
| Q1 2024 | 1,203 | $6.4B | VTI, MGK, BSV, MGV, SPIP |