Lincoln NationalLNC
13F holders, Q2 2025 (June 30)567holders −3
61new positions
66sold out
8famous investors
$34.61avg. 13F price*
At the end of Q2 2025, 567 institutions reported holding Lincoln National Corp. (LNC) in their 13F filings, down 3 from Q1 2025. 61 opened new positions and 66 sold out. The largest holders were Vanguard Group Inc. ($647.7M), BlackRock, Inc. ($570.3M) and State Street Corp. ($214.5M). 8 famous investors held it, including Bill Miller (8.4% of Miller Value Partners's portfolio), Ray Dalio (0.1% of Bridgewater Associates's portfolio) and Cliff Asness (0.0% of AQR Capital Management's portfolio).
- Company
- Lincoln National Corp.
- CUSIP
- 534187109
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q1 2025 → Q2 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 61 | $136.6M |
| Exits | 66 | $144.2M |
All 13F filers, Q1 2025 → Q2 2025: 18,137,620 shares bought and 14,529,584 shares sold, net +3,608,036 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 567 holders
| Vanguard Group Inc. | 0.01% | Reduce -0.7% | 18,719,786 | $647.7M |
| BlackRock, Inc. | 0.01% | Reduce -0.3% | 16,482,535 | $570.3M |
| State Street Corp. | 0.01% | Add +0.7% | 6,199,526 | $214.5M |
| Massachusetts Financial Services Co. | 0.05% | Add +1.3% | 4,916,661 | $170.1M |
| First Trust Advisors LP | 0.13% | Add +20.0% | 4,645,447 | $160.7M |
| Dimensional Fund Advisors LP | 0.04% | Add +48.3% | 4,573,128 | $158.2M |
| Morgan Stanley | 0.01% | Reduce -0.3% | 3,903,876 | $135.1M |
| T. Rowe Price Associates Inc. | 0.01% | Add +3451.8% | 3,800,881 | $131.5M |
| Geode Capital Management, LLC | 0.01% | Reduce -0.6% | 2,897,850 | $100.3M |
| Principal Financial Group Inc. | 0.05% | Reduce -7.4% | 2,793,448 | $96.7M |
| LSV Asset Management | 0.22% | Add +16.9% | 2,736,180 | $94.7M |
| Norges Bank | 0.01% | Reduce -0.1% | 2,524,927 | $87.4M |
| Northern Trust Corp. | 0.01% | Reduce -3.7% | 2,471,166 | $85.5M |
| Charles Schwab Investment Management Inc. | 0.01% | Add +1.3% | 2,059,202 | $71.2M |
| Bank of New York Mellon Corp | 0.01% | Reduce -6.0% | 1,911,456 | $66.1M |
| HSBC Holdings PLC | 0.04% | Reduce -20.9% | 1,645,996 | $57.3M |
| Invesco Ltd. | 0.01% | Add +0.2% | 1,600,818 | $55.4M |
| Goldman Sachs Group Inc. | 0.01% | Reduce -3.4% | 1,538,523 | $53.2M |
| Algebris (uk) Ltd. | 8.40% | Add +58.1% | 1,509,150 | $52.1M |
| Royal Bank of Canada | 0.01% | Add +259.1% | 1,418,768 | $49.1M |
| Hennessy Advisors Inc. | 1.62% | Reduce -9.9% | 1,402,000 | $48.5M |
| Barclays PLC | 0.02% | Add +621.2% | 1,376,366 | $47.6M |
| UBS Group AG | 0.01% | Reduce -20.1% | 1,375,660 | $47.6M |
| Jennison Associates LLC | 0.03% | New | 1,262,613 | $43.7M |
| Bank of America Corp. | 0.00% | Add +9.2% | 1,213,245 | $42.0M |
| Arrowstreet Capital, Limited Partnership | 0.03% | Reduce -18.2% | 1,150,321 | $39.8M |
| AQR Capital Management | 0.03% | Reduce -48.4% | 1,054,109 | $36.5M |
| Wells Fargo & Company | 0.01% | Add +3.5% | 978,704 | $33.9M |
| Two Sigma Advisers, LP | 0.07% | Reduce -39.6% | 952,700 | $33.0M |
| Alyeska Investment Group, L.P. | 0.11% | New | 895,156 | $31.0M |
| Citadel Advisors | 0.03% | Reduce -47.7% | 874,265 | $30.2M |
| Victory Capital Management Inc. | 0.02% | Add +0.6% | 866,646 | $30.0M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.01% | Add +29.7% | 808,632 | $28.0M |
| BNP Paribas Financial Markets | 0.02% | Add +222.7% | 741,159 | $25.6M |
| LPL Financial LLC | 0.01% | Add +16.0% | 678,670 | $23.5M |
| Millennium Management | 0.02% | Reduce -49.3% | 596,905 | $20.7M |
| Squarepoint Ops LLC | 0.05% | Add +278.3% | 592,850 | $20.5M |
| Public Sector Pension Investment Board | 0.09% | Add +7.8% | 582,051 | $20.1M |
| Miller Value Partners | 8.36% | Add +9.7% | 569,480 | $19.7M |
| Easterly Investment Partners LLC | 1.40% | Reduce -3.9% | 564,165 | $19.5M |
| Ameriprise Financial Inc. | 0.00% | Reduce -3.1% | 554,049 | $19.2M |
| Advisors Capital Management, LLC | 0.26% | Add +1.6% | 550,493 | $19.0M |
| Legal & General Group Plc | 0.00% | Reduce -1.1% | 517,783 | $17.9M |
| Two Sigma Investments, LP | 0.03% | Reduce -43.8% | 511,356 | $17.7M |
| Bridgewater Associates | 0.07% | Add +4.3% | 493,884 | $17.1M |
| Daymark Wealth Partners, LLC | 0.61% | Add +208.7% | 463,619 | $16.0M |
| First Eagle Investment Management, LLC | 0.03% | Reduce -11.4% | 458,650 | $15.9M |
| MetLife Investment Management, LLC | 0.09% | Add +14691.8% | 452,334 | $15.7M |
| JPMorgan Chase & Co. | 0.00% | Add +6.7% | 418,030 | $14.5M |
| Rhumbline Advisers | 0.01% | Reduce -2.8% | 394,808 | $13.7M |
| Sei Investments Co. | 0.02% | Add +265.8% | 389,366 | $13.5M |
| Amundi | 0.00% | Add +437.6% | 378,179 | $13.2M |
| Nuveen, LLC | 0.00% | Add +5.2% | 370,476 | $12.8M |
| Vest Financial, LLC | 0.17% | Add +11.5% | 353,362 | $12.2M |
| American Century Companies Inc. | 0.01% | Add +85.1% | 333,328 | $11.5M |
| Cambria Investment Management, L.P. | 0.76% | Reduce -10.3% | 328,047 | $11.4M |
| Swiss National Bank | 0.01% | Reduce -1.1% | 326,200 | $11.3M |
| Stifel Financial Corp. | 0.01% | Add +17.3% | 313,955 | $10.9M |
| Raymond James Financial Inc. | 0.00% | Add +14.7% | 306,466 | $10.6M |
| California Public Employees Retirement System | 0.01% | Add +9.4% | 301,059 | $10.4M |
| CHURCHILL MANAGEMENT Corp | 0.11% | Add +1.4% | 300,271 | $10.4M |
| HRT Financial LP | 0.04% | New | 286,398 | $9.9M |
| Quantbot Technologies LP | 0.25% | Add +28.4% | 281,599 | $9.7M |
| Illinois Municipal Retirement Fund | 0.12% | Add +61.9% | 260,653 | $9.0M |
| Janney Montgomery Scott LLC | 0.02% | Add +36.0% | 251,563 | $8.7M |
| Osaic Holdings, Inc. | 0.02% | Add +61.0% | 250,751 | $8.7M |
| Interval Partners, LP | 0.19% | Add +44.8% | 246,527 | $8.5M |
| Jump Financial, LLC | 0.11% | Add +72.9% | 245,776 | $8.5M |
| Prudential Financial Inc. | 0.01% | Reduce -5.3% | 242,792 | $8.4M |
| Cyndeo Wealth Partners, LLC | 0.45% | New | 221,618 | $7.7M |
| AXA S.A. | 0.02% | New | 221,403 | $7.7M |
| Cordgrass Capital Advisors, LLC | 2.05% | Add +0.1% | 219,694 | $7.6M |
| Engineers Gate Manager LP | 0.09% | Add +82.4% | 210,090 | $7.3M |
| FMR LLC | 0.00% | Reduce -19.7% | 203,837 | $7.1M |
| New York State Teachers Retirement System | 0.01% | Reduce -7.5% | 203,464 | $7.0M |
| Hotchkis & Wiley Capital Management LLC | 0.02% | Add +2.5% | 203,430 | $7.0M |
| CW Advisors, LLC | 0.07% | Add +98.0% | 199,783 | $6.9M |
| Susquehanna International Group, LLP | 0.01% | Add +333.6% | 198,589 | $6.9M |
| CANADA LIFE ASSURANCE Co | 0.01% | Add +1.8% | 198,291 | $6.9M |
| Access Investment Management LLC | 1.94% | — | 196,500 | $6.8M |
| Capital Fund Management S.A. | 0.07% | Reduce -30.8% | 194,581 | $6.7M |
| CI Investments Inc. | 0.03% | Add +3.7% | 194,254 | $6.7M |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 0.01% | Add +95.6% | 191,933 | $6.6M |
| Oxbow Advisors, LLC | 0.73% | New | 190,472 | $6.6M |
| Truist Financial Corp. | 0.01% | Add +4.1% | 172,888 | $6.0M |
| Susquehanna Fundamental Investments, LLC | 0.16% | Reduce -27.0% | 171,987 | $6.0M |
| Saba Capital Management, L.P. | 0.16% | Add +33.3% | 170,125 | $5.9M |
| State Board of Administration of Florida Retirement System | 0.01% | Add +1.1% | 167,929 | $5.8M |
| Icon Advisers Inc. | 1.33% | No change | 167,225 | $5.8M |
| Citigroup Inc. | 0.00% | Reduce -15.5% | 165,345 | $5.7M |
| Robeco Institutional Asset Management B.V. | 0.01% | Add +5.4% | 162,643 | $5.6M |
| Alliancebernstein L.P. | 0.00% | Reduce -23.4% | 161,742 | $5.6M |
| Kempner Capital Management Inc. | 2.94% | No change | 158,906 | $5.5M |
| Allspring Global Investments Holdings, LLC | 0.01% | Reduce -23.3% | 156,512 | $5.5M |
| California State Teachers Retirement System | 0.01% | No change | 157,415 | $5.4M |
| Susquehanna Portfolio Strategies, LLC | 0.12% | New | 156,399 | $5.4M |
| New Vernon Investment Management LLC | 6.20% | New | 154,110 | $5.3M |
| Algert Global LLC | 0.11% | No change | 150,289 | $5.2M |
| PNC Financial Services Group, Inc. | 0.00% | Reduce -4.1% | 143,720 | $5.0M |
| Commonwealth Equity Services, LLC | 0.01% | Add +12.3% | 141,243 | $4.9M |
"% of holder's portfolio" is LNC's weight in each manager's 13F, not the share of Lincoln National Corp. the manager owns.