LINCOLN NATL CORP IND (LNC)
Institutional ownership reported to the SEC as of Q2 2026, across 31 quarters.
591
Reporting holders
$5.7B
Reported value
82.0%
Of shares outstanding
2.6%
Held as options
+9
Holder change
Institutions report 157,057,830 shares against 191,447,336 outstanding. Shares only - option lines are excluded, which is why this can be compared with the company at all. The count comes from the cover page of the company's own most recent report, so it is dated when that was filed rather than at quarter end.
Options share is the part of reported value carried in derivative lines rather than shares. A high figure means institutions are expressing a view on this security without owning much of it.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| Bain Capital Prairie, LLC | $663.1M | 18,759,497 | 100.00% | 3q | HELD |
| BlackRock, Inc. | $656.2M | 18,561,962 | 0.01% | 8q | HELD |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $368.6M | 10,427,206 | 0.02% | 2q | HELD |
| DIMENSIONAL FUND ADVISORS LP | $303.0M | 8,571,956 | 0.05% | 31q | +10.5%+$28.9M |
| VANGUARD CAPITAL MANAGEMENT LLC | $295.1M | 8,347,042 | 0.01% | 2q | +0.9%+$2.7M |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | $226.6M | 6,373,067 | 0.07% | 9q | +8.4%+$17.5M |
| STATE STREET CORP | $215.9M | 6,106,302 | 0.01% | 31q | +3.6%+$7.6M |
| JENNISON ASSOCIATES LLC | $133.4M | 3,772,433 | 0.08% | 5q | -1.3%-$1.8M |
| MORGAN STANLEY | $128.4M | 3,632,194 | 0.01% | 35q | -1.6%-$2.1M |
| GEODE CAPITAL MANAGEMENT, LLC | $112.9M | 3,193,783 | 0.01% | 31q | +1.1%+$1.2M |
| NORGES BANK | $81.0M | 2,290,874 | 0.01% | 32q | +0.9%+$713.2K |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $77.5M | 2,193,476 | 0.01% | 31q | +2.7%+$2.0M |
| Sixth Street Partners Management Company, L.P. | $77.5M | 2,193,476 | 0.01% | new | NEW |
| PRINCIPAL FINANCIAL GROUP INC | $75.6M | 2,138,603 | 0.04% | 31q | -6.2%-$5.0M |
| GOLDMAN SACHS GROUP INC | $74.5M | 2,107,181 | 0.01% | 31q | +18.0%+$11.4M |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $68.0M | 1,922,320 | 0.03% | 12q | +181.4%+$43.8M |
| NORTHERN TRUST CORP | $67.0M | 1,896,611 | 0.01% | 31q | +2.4%+$1.6M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $67.0M | 130,791 | 0.01% | 31q | +105.5%+$34.4M |
| CITADEL ADVISORS LLC | $66.4M | 968,858 | 0.01% | 31q | +25.9%+$13.6M |
| JUPITER ASSET MANAGEMENT LTD | $66.1M | 1,869,735 | 0.33% | 3q | +4.1%+$2.6M |
| Bank of New York Mellon Corp | $63.1M | 1,785,335 | 0.01% | 31q | HELD |
| Invesco Ltd. | $56.6M | 1,600,963 | 0.00% | 31q | +3.9%+$2.1M |
| BANK OF AMERICA CORP /DE/ | $56.3M | 1,592,814 | 0.00% | 31q | +11.5%+$5.8M |
| VICTORY CAPITAL MANAGEMENT INC | $52.7M | 1,490,976 | 0.03% | 31q | +1.7%+$883.6K |
| HSBC HOLDINGS PLC | $52.7M | 1,492,506 | 0.02% | 31q | HELD |
| FIRST TRUST ADVISORS LP | $51.0M | 1,441,914 | 0.03% | 13q | -32.3%-$24.3M |
| AMERICAN CENTURY COMPANIES INC | $50.4M | 1,425,959 | 0.02% | 23q | +155.7%+$30.7M |
| AQR CAPITAL MANAGEMENT LLC | $49.8M | 1,409,411 | 0.02% | 31q | +52.0%+$17.0M |
| Balyasny Asset Management L.P. | $48.9M | 1,383,992 | 0.06% | 10q | -33.6%-$24.8M |
| D. E. Shaw & Co., Inc. | $48.6M | 1,290,765 | 0.02% | 27q | +110.7%+$25.6M |
| ALGEBRIS (UK) LTD | $44.8M | 1,271,655 | 2.95% | 11q | -6.6%-$3.2M |
| UBS Group AG | $43.9M | 1,191,689 | 0.01% | 31q | -18.1%-$9.7M |
| Public Sector Pension Investment Board | $41.3M | 1,169,394 | 0.05% | 31q | +93.4%+$20.0M |
| JANE STREET GROUP, LLC | $39.7M | 662,900 | 0.00% | 31q | +37.9%+$10.9M |
| VANGUARD FIDUCIARY TRUST CO | $38.6M | 1,092,249 | 0.01% | 2q | +2.3%+$881.5K |
| WELLS FARGO & COMPANY/MN | $28.9M | 817,235 | 0.00% | 31q | -42.4%-$21.2M |
| Allspring Global Investments Holdings, LLC | $27.7M | 765,306 | 0.04% | 19q | +41.1%+$8.1M |
| Caisse de depot et placement du Quebec | $26.1M | 739,692 | 0.04% | 2q | +39.5%+$7.4M |
| Quantinno Capital Management LP | $25.9M | 733,102 | 0.03% | 13q | +25.7%+$5.3M |
| Jain Global LLC | $25.3M | 715,201 | 0.10% | 3q | +30.3%+$5.9M |
| Gotham Asset Management, LLC | $25.0M | 707,709 | 0.06% | 9q | +405.1%+$20.1M |
| TWO SIGMA INVESTMENTS, LP | $24.7M | 699,624 | 0.02% | 31q | +227.7%+$17.2M |
| Hudson Bay Capital Management LP | $24.5M | 694,014 | 0.07% | 4q | +42.5%+$7.3M |
| MILLENNIUM MANAGEMENT LLC | $22.7M | 531,839 | 0.01% | 31q | -55.6%-$28.5M |
| Interval Partners, LP | $22.3M | 608,421 | 0.57% | 10q | +35.6%+$5.8M |
| Advisors Capital Management, LLC | $21.9M | 619,920 | 0.23% | 31q | +5.9%+$1.2M |
| AMERIPRISE FINANCIAL INC | $21.9M | 618,888 | 0.00% | 31q | -42.2%-$16.0M |
| Cander Asset Management LP | $21.8M | 617,639 | 4.04% | 2q | +57.2%+$7.9M |
| Miller Value Partners, LLC | $21.3M | 603,160 | 5.04% | 10q | +5.7%+$1.1M |
| LPL Financial LLC | $19.9M | 535,275 | 0.00% | 31q | -19.1%-$4.7M |
| SEI INVESTMENTS CO | $19.8M | 560,828 | 0.02% | 31q | +7.3%+$1.3M |
| ROYAL BANK OF CANADA | $18.7M | 530,302 | 0.00% | 31q | +103.1%+$9.5M |
| MetLife Investment Management, LLC | $18.0M | 510,426 | 0.08% | 32q | +9.6%+$1.6M |
| Schonfeld Strategic Advisors LLC | $17.7M | 501,786 | 0.06% | 17q | +97.9%+$8.8M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $16.0M | 451,306 | 0.00% | 31q | -10.8%-$1.9M |
| Legal & General Group Plc | $15.4M | 436,731 | 0.00% | 31q | HELD |
| Squarepoint Ops LLC | $13.8M | 288,804 | 0.02% | 20q | +132.7%+$7.9M |
| Focus Partners Wealth | $13.7M | 387,962 | 0.01% | 7q | +5.8%+$749.4K |
| Prana Capital Management, LP | $13.1M | 371,356 | 0.40% | 2q | +408.0%+$10.5M |
| Fideuram Asset Management (Ireland) dac | $12.8M | 366,956 | 0.24% | 3q | +3226.9%+$12.5M |
| RAYMOND JAMES FINANCIAL INC | $12.7M | 360,215 | 0.00% | 7q | -0.6%-$81.5K |
| STIFEL FINANCIAL CORP | $12.3M | 348,956 | 0.01% | 31q | +22.3%+$2.3M |
| First Eagle Investment Management, LLC | $12.3M | 348,750 | 0.02% | 11q | -18.6%-$2.8M |
| RHUMBLINE ADVISERS | $12.2M | 344,983 | 0.01% | 31q | -15.4%-$2.2M |
| Swiss National Bank | $12.1M | 343,300 | 0.01% | 31q | +1.5%+$180.3K |
| Allianz Asset Management GmbH | $11.5M | 324,824 | 0.01% | 12q | +61.8%+$4.4M |
| &PARTNERS | $10.9M | 309,681 | 0.04% | 3q | +39.0%+$3.1M |
| Man Group plc | $10.6M | 300,616 | 0.02% | 31q | -30.3%-$4.6M |
| California Public Employees Retirement System | $10.5M | 297,518 | 0.01% | 31q | -10.4%-$1.2M |
| Jump Financial, LLC | $10.2M | 287,634 | 0.08% | 16q | +34.6%+$2.6M |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | $10.2M | 287,481 | 0.03% | 12q | +9.8%+$909.6K |
| CITIGROUP INC | $9.8M | 176,956 | 0.00% | 31q | +0.6%+$56.4K |
| Nuveen, LLC | $8.9M | 252,980 | 0.00% | 6q | -25.9%-$3.1M |
| OSAIC HOLDINGS, INC. | $8.0M | 227,292 | 0.01% | 26q | +24.6%+$1.6M |
| Cordgrass Capital Advisors, LLC | $7.8M | 219,565 | 2.89% | 19q | HELD |
| ALLIANCEBERNSTEIN L.P. | $7.1M | 198,827 | 0.00% | 31q | -24.2%-$2.2M |
| Access Investment Management LLC | $6.9M | 196,500 | 1.78% | 10q | HELD |
| Parallax Volatility Advisers, L.P. | $6.9M | 19,179 | 0.01% | 8q | +49.9%+$2.3M |
| JPMORGAN CHASE & CO | $6.7M | 176,096 | 0.00% | 31q | -27.3%-$2.5M |
| Illinois Municipal Retirement Fund | $6.6M | 187,470 | 0.07% | 10q | -20.7%-$1.7M |
| COMMONWEALTH EQUITY SERVICES, LLC | $6.5M | 183,409 | 0.01% | 31q | -3.8%-$253.9K |
| CAPITAL FUND MANAGEMENT S.A. | $6.0M | 143,420 | 0.03% | 17q | +87.3%+$2.8M |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | $5.8M | 163,271 | 0.01% | 31q | +13.7%+$697.1K |
| VANGUARD ASSET MANAGEMENT, Ltd | $5.7M | 161,688 | 0.00% | 2q | +6.2%+$331.2K |
| Bridgewater Associates, LP | $5.7M | 160,168 | 0.02% | 9q | -28.9%-$2.3M |
| Entropy Technologies, LP | $5.6M | 159,739 | 0.22% | 2q | +181.9%+$3.6M |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC | $5.6M | 158,004 | 0.11% | 9q | +557.5%+$4.7M |
| Universal- Beteiligungs- und Servicegesellschaft mbH | $5.6M | 157,934 | 0.01% | 7q | -5.8%-$341.1K |
| PRUDENTIAL FINANCIAL INC | $5.5M | 155,491 | 0.01% | 33q | -16.7%-$1.1M |
| FMR LLC | $5.4M | 153,581 | 0.00% | 31q | -4.3%-$242.0K |
| Robeco Institutional Asset Management B.V. | $5.4M | 153,437 | 0.01% | 9q | -1.7%-$93.1K |
| Louisiana State Employees Retirement System | $5.3M | 149,600 | 0.04% | 31q | +99.5%+$2.6M |
| ALGERT GLOBAL LLC | $5.2M | 147,509 | 0.06% | 17q | +183.5%+$3.4M |
| FRANKLIN RESOURCES INC | $5.0M | 142,816 | 0.00% | 31q | +25.5%+$1.0M |
| ENVESTNET ASSET MANAGEMENT INC | $5.0M | 141,961 | 0.00% | 31q | +5.4%+$257.8K |
| TRUIST FINANCIAL CORP | $5.0M | 141,353 | 0.01% | 31q | +3.8%+$181.4K |
| CI INVESTMENTS INC. | $4.8M | 136,067 | 0.02% | 28q | -10.1%-$540.3K |
| Loudon Investment Management, LLC | $4.5M | 126,004 | 2.19% | 10q | -7.0%-$335.3K |
| PNC Financial Services Group, Inc. | $4.4M | 125,425 | 0.00% | 31q | -3.4%-$157.3K |
| Corient Private Wealth LP | $4.3M | 122,280 | 0.00% | 15q | +125.0%+$2.4M |
Five percent filings
Anyone crossing 5% of a company must say so within days - far sooner than the next quarterly holdings report. A 13D declares an intent to influence the company; a 13G is the passive version. See all activist filings →
| Filed | Form | Filer | % of class |
|---|---|---|---|
| 2026-08-12 | 13D/A | Bain Capital Prairie, LLC | 9.8% |
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 591 | $5.7B | 157,057,830 | 78 | 213 | 155 | 2.6% |
| Q1 2026 | 582 | $5.4B | 148,110,159 | 69 | 195 | 164 | 3.2% |
| Q4 2025 | 592 | $6.8B | 148,728,016 | 65 | 173 | 163 | 3.2% |
| Q3 2025 | 564 | $5.2B | 124,466,727 | 79 | 163 | 173 | 4.3% |
| Q2 2025 | 530 | $4.5B | 125,673,978 | 59 | 172 | 157 | 3.2% |
| Q1 2025 | 529 | $4.6B | 123,813,877 | 62 | 176 | 155 | 3.4% |
| Q4 2024 | 516 | $4.1B | 121,555,277 | 45 | 130 | 176 | 6.0% |
| Q3 2024 | 487 | $4.0B | 119,170,160 | 43 | 160 | 159 | 6.3% |
| Q2 2024 | 486 | $4.0B | 120,837,913 | 70 | 153 | 147 | 5.8% |
| Q1 2024 | 454 | $4.3B | 126,753,333 | 56 | 126 | 150 | 6.0% |
| Q4 2023 | 453 | $3.6B | 121,772,876 | 63 | 124 | 163 | 7.8% |
| Q3 2023 | 421 | $3.2B | 119,410,937 | 50 | 138 | 134 | 8.5% |
| Q2 2023 | 434 | $3.2B | 117,942,637 | 64 | 160 | 137 | 5.8% |
| Q1 2023 | 416 | $2.8B | 121,169,849 | 45 | 151 | 143 | 5.4% |
| Q4 2022 | 455 | $3.6B | 112,026,633 | 55 | 149 | 156 | 3.1% |
| Q3 2022 | 615 | $6.0B | 134,758,135 | 46 | 216 | 208 | 1.7% |
| Q2 2022 | 628 | $6.2B | 130,813,377 | 64 | 206 | 211 | 1.7% |
| Q1 2022 | 653 | $8.6B | 129,350,390 | 48 | 197 | 231 | 1.9% |
| Q4 2021 | 674 | $9.4B | 134,353,448 | 62 | 170 | 233 | 2.2% |
| Q3 2021 | 636 | $10.0B | 141,618,004 | 58 | 177 | 223 | 2.7% |
| Q2 2021 | 624 | $9.3B | 145,528,184 | 43 | 191 | 227 | 2.4% |
| Q1 2021 | 631 | $9.4B | 149,199,968 | 73 | 187 | 213 | 2.4% |
| Q4 2020 | 623 | $8.0B | 152,325,104 | 120 | 160 | 220 | 2.2% |
| Q3 2020 | 537 | $4.8B | 150,769,200 | 54 | 161 | 202 | 1.7% |
| Q2 2020 | 561 | $5.7B | 152,743,242 | 93 | 156 | 213 | 1.6% |
| Q1 2020 | 517 | $4.2B | 156,401,160 | 51 | 181 | 200 | 1.0% |
| Q4 2019 | 618 | $9.8B | 163,616,989 | 45 | 170 | 213 | 1.2% |
| Q3 2019 | 631 | $9.9B | 162,206,080 | 51 | 191 | 230 | 1.2% |
| Q2 2019 | 663 | $10.8B | 166,523,767 | 69 | 204 | 223 | 1.1% |
| Q1 2019 | 655 | $9.9B | 167,244,158 | 70 | 192 | 230 | 0.3% |
| Q4 2018 | 633 | $9.2B | 175,772,932 | 8 | 10 | 16 | 1.8% |