LINCOLN NATIONAL CORP (LNC) — Institutional Holders, Q2 2026

624 institutional investment managers reported a LNC position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $5.8B. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.

← LNC stock profile

LNC in Q2 2026: what funds did

Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.

New positions

Added to

236

Trimmed

191

Sold out

Biggest buyers

ARROWSTREET CAPITAL, LIMITED PARTNERSHIPAdded · +1,239,280 sh+$43.8M
AMERICAN CENTURY COMPANIESAdded · +868,339 sh+$30.7M
DIMENSIONAL FUND ADVISORSAdded · +816,450 sh+$28.9M
D. E. ShawAdded · +678,059 sh+$24.0M
Gotham Asset ManagementAdded · +567,583 sh+$20.1M

Biggest sellers

BALYASNY ASSET MANAGEMENT L.P.Trimmed · -701,627 sh-$24.8M
FIRST ADVISORSTrimmed · -686,441 sh-$24.3M
MILLENNIUM MANAGEMENTTrimmed · -666,302 sh-$23.6M
Alyeska Investment Group, L.P.Sold out · -641,796 sh-$22.7M
CSM AdvisorsSold out · -372,851 sh-$13.2M

LNC 13F holders ranked 1–100 of 624

Institutional investors reporting a position in LINCOLN NATIONAL CORP on SEC Form 13F-HR for Q2 2026, ranked by reported value.
#	Institution	Shares	Value	% of portfolio	QoQShares vs Q1 2026
1	Bain Capital Prairie#1 · 18,759,497 sh	18,759,497	$663.1M	100.00%	0.0%
2	BlackRock#2 · 18,561,962 sh	18,561,962	$656.2M	<0.01%	+0.3%
3	VANGUARD PORTFOLIO MANAGEMENT#3 · 10,427,206 sh	10,427,206	$368.6M	0.02%	+0.2%
4	DIMENSIONAL FUND ADVISORS#4 · 8,571,956 sh	8,571,956	$303.0M	0.05%	+10.5%
5	VANGUARD CAPITAL MANAGEMENT#5 · 8,347,042 sh	8,347,042	$295.1M	<0.01%	+0.9%
6	MASSACHUSETTS FINANCIAL SERVICES#6 · 6,373,067 sh	6,373,067	$226.6M	0.07%	+8.4%
7	STATE STREET#7 · 6,106,302 sh	6,106,302	$215.9M	<0.01%	+3.6%
8	PRICE T ROWE ASSOCIATES#8 · 4,993,803 sh	4,993,803	$176.5M	0.02%	+12.8%
9	JENNISON ASSOCIATES#9 · 3,772,433 sh	3,772,433	$133.4M	0.08%	-1.3%
10	MORGAN STANLEY#10 · 3,632,194 sh	3,632,194	$128.4M	<0.01%	-1.6%
11	GEODE CAPITAL MANAGEMENT#11 · 3,193,783 sh	3,193,783	$112.9M	<0.01%	+1.1%
12	LSV ASSET MANAGEMENT#12 · 2,540,296 sh	2,540,296	$89.8M	0.16%	-0.8%
13	NORGES BANK#13 · 2,290,874 sh	2,290,874	$81.0M	<0.01%	—
14	CHARLES SCHWAB INVESTMENT MANAGEMENT#14 · 2,193,476 sh	2,193,476	$77.5M	0.01%	+2.7%
15	PRINCIPAL FINANCIAL GROUP#15 · 2,138,603 sh	2,138,603	$75.6M	0.04%	-6.2%
16	GOLDMAN SACHS GROUP#16 · 2,107,181 sh	2,107,181	$74.5M	<0.01%	+18.0%
17	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP#17 · 1,922,320 sh	1,922,320	$68.0M	0.03%	+181.4%
18	NORTHERN#18 · 1,896,611 sh	1,896,611	$67.0M	<0.01%	+2.4%
19	JUPITER ASSET MANAGEMENT LTD#19 · 1,869,735 sh	1,869,735	$66.1M	0.33%	+4.1%
20	Bank of New York Mellon#20 · 1,785,335 sh	1,785,335	$63.1M	0.01%	+0.4%
21	Invesco Ltd.#21 · 1,600,963 sh	1,600,963	$56.6M	<0.01%	+3.9%
22	BANK OF AMERICA#22 · 1,592,814 sh	1,592,814	$56.3M	<0.01%	+11.5%
23	VICTORY CAPITAL MANAGEMENT#23 · 1,490,976 sh	1,490,976	$52.7M	0.03%	+1.7%
24	HSBC PLC#24 · 1,492,506 sh	1,492,506	$52.7M	0.02%	-0.5%
25	FIRST ADVISORS#25 · 1,441,914 sh	1,441,914	$51.0M	0.03%	-32.3%
26	AMERICAN CENTURY COMPANIES#26 · 1,425,959 sh	1,425,959	$50.4M	0.02%	+155.7%
27	AQR CAPITAL MANAGEMENT#27 · 1,409,411 sh	1,409,411	$49.8M	0.02%	+52.0%
28	BALYASNY ASSET MANAGEMENT L.P.#28 · 1,383,992 sh	1,383,992	$48.9M	0.06%	-33.6%
29	D. E. Shaw#29 · 1,290,765 sh	1,290,765	$45.6M	0.02%	+110.7%
30	Algebris (UK) Ltd#30 · 1,271,655 sh	1,271,655	$44.8M	2.95%	-6.6%
31	UBS Group AG#31 · 1,191,689 sh	1,191,689	$42.1M	<0.01%	-18.1%
32	VANGUARD FIDUCIARY#32 · 1,092,249 sh	1,092,249	$38.6M	<0.01%	+2.3%
33	CITADEL ADVISORS#33 · 968,858 sh	968,858	$34.2M	<0.01%	+25.9%
34	WELLS FARGO & COMPANY#34 · 817,235 sh	817,235	$28.9M	<0.01%	+15.3%
35	Allspring Global Investments#35 · 765,306 sh	765,306	$27.7M	0.04%	+41.1%
36	CAISSE DE DEPOT ET PLACEMENT DU QUEBEC#36 · 739,692 sh	739,692	$26.1M	0.04%	+39.5%
37	Quantinno Capital Management#37 · 733,102 sh	733,102	$25.9M	0.03%	+25.7%
38	Jain Global#38 · 715,201 sh	715,201	$25.3M	0.10%	+30.3%
39	Gotham Asset Management#39 · 707,709 sh	707,709	$25.0M	0.06%	+405.1%
40	TWO SIGMA INVESTMENTS#40 · 699,624 sh	699,624	$24.7M	0.02%	+227.7%
41	Hudson Bay Capital Management#41 · 694,014 sh	694,014	$24.5M	0.07%	+42.5%
42	JANE STREET GROUP#42 · 662,900 sh	662,900	$23.4M	<0.01%	+37.9%
43	HRT FINANCIAL#43 · 639,026 sh	639,026	$22.6M	0.06%	+7.9%
44	Advisors Capital Management#44 · 619,920 sh	619,920	$21.9M	0.23%	+5.9%
45	AMERIPRISE FINANCIAL#45 · 618,888 sh	618,888	$21.9M	<0.01%	+15.5%
46	Cander Asset Management#46 · 617,639 sh	617,639	$21.8M	4.04%	+57.2%
47	Interval Partners#47 · 608,421 sh	608,421	$21.5M	0.55%	+35.6%
48	MILLER VALUE PARTNERS#48 · 603,160 sh	603,160	$21.3M	5.04%	+5.7%
49	PUBLIC SECTOR PENSION INVESTMENT BOARD#49 · 584,697 sh	584,697	$20.7M	0.05%	-3.3%
50	SEI INVESTMENTS#50 · 560,828 sh	560,828	$19.8M	0.02%	+7.3%
51	LPL Financial#51 · 535,275 sh	535,275	$18.9M	<0.01%	-19.1%
52	MILLENNIUM MANAGEMENT#52 · 531,839 sh	531,839	$18.8M	<0.01%	-55.6%
53	ROYAL BANK OF CANADA#53 · 530,302 sh	530,302	$18.7M	<0.01%	+103.1%
54	MetLife Investment Management#54 · 510,426 sh	510,426	$18.0M	0.08%	+9.6%
55	Schonfeld Strategic Advisors#55 · 501,786 sh	501,786	$17.7M	0.06%	+97.9%
56	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME#56 · 451,306 sh	451,306	$16.0M	<0.01%	-10.8%
57	Legal & General Group Plc#57 · 436,731 sh	436,731	$15.4M	<0.01%	-0.1%
58	Focus Partners Wealth#58 · 387,962 sh	387,962	$13.7M	0.01%	+5.8%
59	Prana Capital Management#59 · 371,356 sh	371,356	$13.1M	0.40%	+408.0%
60	Fideuram Asset Management (Ireland) dac#60 · 366,956 sh	366,956	$12.8M	0.24%	+3226.9%
61	RAYMOND JAMES FINANCIAL#61 · 360,215 sh	360,215	$12.7M	<0.01%	-0.6%
62	STIFEL FINANCIAL#62 · 348,956 sh	348,956	$12.3M	0.01%	+22.3%
63	First Eagle Investment Management#63 · 348,750 sh	348,750	$12.3M	0.02%	-18.6%
64	RHUMBLINE ADVISERS#64 · 344,983 sh	344,983	$12.2M	<0.01%	-15.4%
65	Swiss National Bank#65 · 343,300 sh	343,300	$12.1M	<0.01%	+1.5%
66	Allianz Asset Management GmbH#66 · 324,824 sh	324,824	$11.5M	0.01%	+61.8%
67	WILEY BROS.-AINTREE CAPITAL#67 · 309,681 sh	309,681	$10.9M	0.04%	+39.0%
68	Man Group plc#68 · 300,616 sh	300,616	$10.6M	0.02%	-30.3%
69	CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM#69 · 297,518 sh	297,518	$10.5M	<0.01%	-10.4%
70	Squarepoint Ops#70 · 288,804 sh	288,804	$10.2M	0.01%	+132.7%
71	Jump Financial#71 · 287,634 sh	287,634	$10.2M	0.08%	+34.6%
72	HOTCHKIS & WILEY CAPITAL MANAGEMENT#72 · 287,481 sh	287,481	$10.2M	0.03%	+9.8%
73	BESSEMER GROUP#73 · 271,783 sh	271,783	$9.6M	0.01%	+33.2%
74	Nuveen#74 · 252,980 sh	252,980	$8.9M	<0.01%	-25.9%
75	OSAIC#75 · 227,292 sh	227,292	$8.0M	<0.01%	+24.6%
76	OAK HARBOR WEALTH PARTNERS#76 · 219,565 sh	219,565	$7.8M	2.89%	0.0%
77	VIRGINIA RETIREMENT SYSTEMS ET Al#77 · 210,800 sh	210,800	$7.5M	0.03%	+125.7%
78	ALLIANCEBERNSTEIN L.P.#78 · 198,827 sh	198,827	$7.1M	<0.01%	-24.2%
79	Access Investment Management#79 · 196,500 sh	196,500	$6.9M	—	0.0%
80	JPMORGAN CHASE#80 · 176,096 sh	176,096	$6.7M	<0.01%	-27.3%
81	NEW YORK STATE TEACHERS RETIREMENT SYSTEM#81 · 189,805 sh	189,805	$6.7M	—	-1.0%
82	Illinois Municipal Retirement Fund#82 · 187,470 sh	187,470	$6.6M	0.07%	-20.7%
83	COMMONWEALTH EQUITY SERVICES#83 · 183,409 sh	183,409	$6.5M	<0.01%	-3.8%
84	CITIGROUP#84 · 176,956 sh	176,956	$6.3M	<0.01%	+0.6%
85	Janney Montgomery Scott#85 · 172,672 sh	172,672	$6.1M	0.01%	-42.3%
86	STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM#86 · 163,271 sh	163,271	$5.8M	<0.01%	+13.7%
87	VANGUARD ASSET MANAGEMENT, Ltd#87 · 161,688 sh	161,688	$5.7M	<0.01%	+6.2%
88	Bridgewater Associates#88 · 160,168 sh	160,168	$5.7M	0.02%	-28.9%
89	Entropy Technologies#89 · 159,739 sh	159,739	$5.6M	0.22%	+181.9%
90	SUSQUEHANNA FUNDAMENTAL INVESTMENTS#90 · 158,004 sh	158,004	$5.6M	0.11%	+557.5%
91	Universal- Beteiligungs- und Servicegesellschaft mbH#91 · 157,934 sh	157,934	$5.6M	<0.01%	-5.8%
92	PRUDENTIAL FINANCIAL#92 · 155,491 sh	155,491	$5.5M	<0.01%	-16.7%
93	FMR#93 · 153,581 sh	153,581	$5.4M	<0.01%	-4.3%
94	Robeco Institutional Asset Management B.V.#94 · 153,437 sh	153,437	$5.4M	—	-1.7%
95	GREAT WEST LIFE ASSURANCE#95 · 149,393 sh	149,393	$5.3M	<0.01%	-3.5%
96	ALGERT GLOBAL#96 · 147,509 sh	147,509	$5.2M	0.06%	+466.9%
97	CAPITAL FUND MANAGEMENT S.A.#97 · 143,420 sh	143,420	$5.1M	0.02%	+87.3%
98	FRANKLIN RESOURCES#98 · 142,816 sh	142,816	$5.0M	<0.01%	+25.5%
99	ENVESTNET ASSET MANAGEMENT#99 · 141,961 sh	141,961	$5.0M	<0.01%	+5.4%
100	THRIVENT FINANCIAL FOR LUTHERANS#100 · 141,915 sh	141,915	$5.0M	<0.01%	-0.2%

Funds that sold out of LNC in Q2 2026 (70)

Held LNC at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.

Institutions that held LNC in Q1 2026 and reported no position in Q2 2026.
Institution	Shares sold	Value in Q1 2026
Alyeska Investment Group, L.P.641,796 sh	641,796	$22.8M
CSM Advisors372,851 sh	372,851	$13.2M
Philadelphia Financial Management of San Francisco285,000 sh	285,000	$10.1M
Point72 Asset Management, L.P.207,800 sh	207,800	$7.4M
Susquehanna Portfolio Strategies145,099 sh	145,099	$5.2M
Brevan Howard Capital Management132,418 sh	132,418	$4.7M
ICON ADVISERS118,450 sh	118,450	$4.2M
FIDEURAM - INTESA SANPAOLO PRIVATE BANKING S.P.A.117,408 sh	117,408	$4.2M
Woodline Partners86,313 sh	86,313	$3.1M
AXQ CAPITAL71,846 sh	71,846	$2.6M
ExodusPoint Capital Management70,020 sh	70,020	$2.5M
Oliver Luxxe Assets60,199 sh	60,199	$2.1M
M Securities56,076 sh	56,076	$2.0M
Campbell & Investment Adviser52,502 sh	52,502	$1.9M
PICTON MAHONEY ASSET MANAGEMENT51,101 sh	51,101	$1.8M
Patriot Financial Group Insurance Agency39,588 sh	39,588	$1.4M
Wealthstar Advisors33,317 sh	33,317	$1.2M
Kentucky Retirement Systems21,660 sh	21,660	$1.1M
Elo Mutual Pension Insurance30,720 sh	30,720	$1.1M
Magnetar Financial28,108 sh	28,108	$997.8K
CenterStar Asset Management24,787 sh	24,787	$878.8K
EVOLVE PRIVATE WEALTH18,845 sh	18,845	$669.0K
Walleye Trading16,961 sh	16,961	$602.1K
STOREBRAND ASSET MANAGEMENT AS16,072 sh	16,072	$570.6K
Caprock Group15,628 sh	15,628	$554.8K
State of Wyoming12,234 sh	12,234	$434.3K
iSAM Funds (UK) Ltd12,184 sh	12,184	$432.5K
Burns Matteson Capital Management11,778 sh	11,778	$418.1K
PRUDENTIAL PLC11,354 sh	11,354	$403.1K
Assenagon Asset Management S.A.10,891 sh	10,891	$386.6K
Vise Technologies6,405 sh	6,405	$285.2K
Calamos Advisors7,872 sh	7,872	$279.5K
Calamos Wealth Management7,872 sh	7,872	$279.5K
Empowered Funds7,815 sh	7,815	$277.4K
Goelzer Investment Management7,600 sh	7,600	$269.8K
Catalyst Funds Management Pty Ltd7,592 sh	7,592	$269.5K
Urban Wealth Management7,565 sh	7,565	$268.6K
OLD NATIONAL BANCORP7,536 sh	7,536	$267.5K
SOROS FUND MANAGEMENT7,287 sh	7,287	$258.7K
BURNEY6,761 sh	6,761	$240.0K
Equitable5,414 sh	5,414	$236.6K
Roehl & Yi Investment Advisors6,614 sh	6,614	$234.8K
PROFUND ADVISORS6,272 sh	6,272	$222.7K
TEACHER RETIREMENT SYSTEM OF TEXAS6,238 sh	6,238	$221.4K
DRW Securities5,863 sh	5,863	$208.1K
Bayforest Capital Ltd5,743 sh	5,743	$203.9K
Sound Income Strategies4,237 sh	4,237	$149.3K
AlphaCore Capital2,980 sh	2,980	$105.8K
CONTRAVISORY INVESTMENT MANAGEMENT2,852 sh	2,852	$101.2K
MAI Capital Management2,164 sh	2,164	$76.8K
C M BIDWELL & ASSOCIATES LTD1,498 sh	1,498	$53.2K
BOYD WATTERSON ASSET MANAGEMENT850 sh	850	$30.2K
Destiny Wealth Partners815 sh	815	$28.9K
V-Square Quantitative Management703 sh	703	$25.0K
Matrix620 sh	620	$22.0K
Root Financial Partners551 sh	551	$19.6K
TWIN PEAKS WEALTH ADVISORS501 sh	501	$17.8K
Hillsdale Investment Management400 sh	400	$14.2K
Gladwyn Financial Advisors223 sh	223	$7.9K
Addison Advisors194 sh	194	$6.9K
Intentional Wealth Strategies86 sh	86	$3.1K
Nalls Sherbakoff Group79 sh	79	$2.8K
Holos Integrated Wealth26 sh	26	$908.00
SHP Wealth Management25 sh	25	$888.00
CENTRAL21 sh	21	$746.00
FIRST HORIZON NATIONAL11 sh	11	$391.00
Annis Gardner Whiting Capital Advisors9 sh	9	$320.00
Frazier Financial Advisors9 sh	9	$320.00
Vermillion Wealth Management7 sh	7	$249.00
CURIO WEALTH4 sh	4	$142.00

Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.