Lincoln National Corp.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 9, 2026), Lincoln National Corp. reported 20 stock positions worth $3.4 billion. Its top holding was Vanguard Mrngstar GR ETF-Sui (VUG) at 9.5% of the portfolio, followed by Vanguard Short-Term Bond ETF (BSV, 8.9%) and Vanguard Mrngstr Val ETF-Aui (VTV, 8.3%). Compared with Q3 2025, it added to 14 and reduced 6. The biggest buy was Vanguard Short-Term Bond ETF (BSV, shares +4%) and the biggest sale Schwab U.S. Tips ETF (SCHP, shares −62%).
- Most Recent 13F
- Q2 2026
- Location
- RADNOR, PA
- CIK
- 0000059558
- Portfolio Value
- $3.4B (Q4 2025)
- SEC Filing
- 0000059558-26-000001 ↗ filed Feb 9, 2026
Holdings Value
Holdings 20 stocks · $3.4B
| VUG Vanguard Mrngstar GR ETF-Sui | 9.50% | 666,181 | $325.0M | Reduce -1.2% |
| BSV Vanguard Short-Term Bond ETF | 8.88% | 3,853,225 | $303.7M | Add +4.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 8.35% | 1,494,671 | $285.5M | Add +1.0% |
| VTI VG Morningstar TS MKT ETF-US | 8.04% | 820,567 | $275.1M | Reduce -0.2% |
| VEU Vanguard Ftse All-World Ex-U | 7.28% | 3,387,018 | $249.1M | Add +1.7% |
| VOO Vanguard S&P 500 ETF | 7.00% | 381,655 | $239.3M | Reduce -0.4% |
| BNDX Vanguard Total Intl Bond ETF | 6.54% | 4,628,933 | $223.7M | Add +5.3% |
| BLV Vanguard Long-Term Bond ETF | 5.21% | 2,561,847 | $178.1M | Add +2.2% |
| VMBS Vanguard Mortgage-Backed Sec | 5.16% | 3,750,726 | $176.6M | Add +2.6% |
| VEA Vanguard Ftse Developed ETF | 5.02% | 2,746,278 | $171.6M | Add +2.2% |
| BIV Vanguard Intermediate-Term B | 4.90% | 2,151,985 | $167.6M | Add +3.3% |
| VTHR Vanguard Russell 3000 | 4.02% | 457,960 | $137.5M | Reduce -0.3% |
| VWO Vanguard Ftse Emerging Marke | 3.48% | 2,214,422 | $119.0M | Add +1.4% |
| VGK Vanguard Ftse Europe ETF | 3.27% | 1,337,108 | $111.8M | Add +2.8% |
| VXUS Vanguard Total Intl Stock | 3.26% | 1,480,151 | $111.7M | Add +2.0% |
| SCHP Schwab U.S. Tips ETF | 2.46% | 3,181,767 | $84.3M | Reduce -61.8% |
| VB Vanguard Most SM-Cap ETF-Usd | 2.27% | 301,691 | $77.8M | Add +3.1% |
| VPL Vanguard Ftse Pacific ETF | 2.22% | 838,206 | $75.8M | Add +2.3% |
| IEMG iShares Core MSCI Emerging | 2.10% | 1,069,133 | $71.9M | Reduce -37.6% |
| VXF Vanguard Extended Market ETF | 1.04% | 170,604 | $35.7M | Add +1.9% |
Portfolio Sells Q3 2025 → Q4 2025
| SCHP Schwab U.S. Tips ETF | Reduce -61.8% | 2.46% | −3.93 |
| IEMG iShares Core MSCI Emerging | Reduce -37.6% | 2.10% | −1.12 |
| VTHR Vanguard Russell 3000 | Reduce -0.3% | 4.02% | +0.16 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -1.2% | 9.50% | +0.28 |
| VOO Vanguard S&P 500 ETF | Reduce -0.4% | 7.00% | +0.31 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.2% | 8.04% | +0.35 |
Portfolio Buys Q3 2025 → Q4 2025
| BSV Vanguard Short-Term Bond ETF | Add +4.0% | 8.88% | +0.54 |
| VEU Vanguard Ftse All-World Ex-U | Add +1.7% | 7.28% | +0.51 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +1.0% | 8.35% | +0.47 |
| VEA Vanguard Ftse Developed ETF | Add +2.2% | 5.02% | +0.42 |
| BNDX Vanguard Total Intl Bond ETF | Add +5.3% | 6.54% | +0.34 |
| VGK Vanguard Ftse Europe ETF | Add +2.8% | 3.27% | +0.31 |
| VMBS Vanguard Mortgage-Backed Sec | Add +2.6% | 5.16% | +0.27 |
| BIV Vanguard Intermediate-Term B | Add +3.3% | 4.90% | +0.26 |
| VXUS Vanguard Total Intl Stock | Add +2.0% | 3.26% | +0.23 |
| VPL Vanguard Ftse Pacific ETF | Add +2.3% | 2.22% | +0.16 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +3.1% | 2.27% | +0.15 |
| BLV Vanguard Long-Term Bond ETF | Add +2.2% | 5.21% | +0.14 |
| VWO Vanguard Ftse Emerging Marke | Add +1.4% | 3.48% | +0.11 |
| VXF Vanguard Extended Market ETF | Add +1.9% | 1.04% | +0.04 |
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 |