LINCOLN NATIONAL CORP - Common Stock (LNC)

Historical Holders from Q1 2014 to Q4 2025

Type / Class: Equity / Common Stock
Symbol: LNC on NYSE
Shares outstanding: 189,489,869
Price per share: $44.53
All holders as of 30 Sep 2025: Q3 2025
Total 13F shares as of 30 Sep 2025: 134,215,187
Holdings value: $5,412,400,019
% of all portfolios: 0.01%
Share change: +2,376,008
Value change: +$122,687,874
Average buys %: +0%
Average sells %: -0%
Number of holders: 595
Price from insider filings: $44.15

Reported Shares, Excluding Options vs Price

Reported Value, Excluding Options

Total Investors

Significant Owners of LINCOLN NATIONAL CORP - Common Stock (LNC) based on Schedule 13D/G filings

Filer	Ownership	Change %	Holdings Value	Net Change	Nb Shares	Change %	Reporting Name	Report Period
Bain Capital Prairie, LLC	9.9%		$625,629,225		18,759,497		Bain Capital Prairie, LLC	05 Jun 2025

As of 30 Sep 2025, LINCOLN NATIONAL CORP - Common Stock (LNC) has 595 institutional shareholders filing 13F forms. They hold 134,215,187 shares of 189,489,869 outstanding shares (71%) .

Top 25 institutional shareholders own 53% of the company.

Filer	Ownership	Nb Shares	Share Change %	Portfolio %	Holdings Value
VANGUARD GROUP INC	11%	19,903,720	+6.3%	0.01%	$802,717,029
BlackRock, Inc.	9.7%	18,427,376	+12%	0.01%	$743,176,070
STATE STREET CORP	3.2%	5,977,400	-3.6%	0.01%	$241,068,542
MASSACHUSETTS FINANCIAL SERVICES CO /MA/	3.1%	5,952,166	+21%	0.07%	$240,050,855
DIMENSIONAL FUND ADVISORS LP	3%	5,730,727	+25%	0.05%	$231,120,628
PRICE T ROWE ASSOCIATES INC /MD/	2.7%	5,204,381	+37%	0.02%	$209,894,000
FIRST TRUST ADVISORS LP	2.6%	4,879,862	+5%	0.15%	$196,804,818
MORGAN STANLEY	2.2%	4,237,638	+8.5%	0.01%	$170,904,016
GEODE CAPITAL MANAGEMENT, LLC	1.6%	2,944,353	+1.6%	0.01%	$118,768,296
LSV ASSET MANAGEMENT	1.4%	2,614,739	-4.4%	0.23%	$105,452,000
ROYAL BANK OF CANADA	1.3%	2,437,002	+72%	0.02%	$98,284,000
PRINCIPAL FINANCIAL GROUP INC	1.2%	2,332,584	-16%	0.05%	$94,073,113
JENNISON ASSOCIATES LLC	1.2%	2,319,323	+84%	0.05%	$93,538,296
CHARLES SCHWAB INVESTMENT MANAGEMENT INC	1.1%	2,067,216	+0.39%	0.01%	$83,370,821
NORTHERN TRUST CORP	1.1%	2,021,656	-18%	0.01%	$81,533,386
Bank of New York Mellon Corp	1%	1,902,625	-0.46%	0.01%	$76,732,853
UBS Group AG	0.93%	1,758,259	+28%	0.01%	$70,910,586
GOLDMAN SACHS GROUP INC	0.83%	1,576,114	+2.4%	0.01%	$63,564,664
Invesco Ltd.	0.75%	1,421,386	-11%	0.01%	$57,324,499
HSBC HOLDINGS PLC	0.65%	1,227,199	-25%	0.03%	$48,983,778
BANK OF AMERICA CORP /DE/	0.63%	1,193,751	-1.6%	0%	$48,143,963
BARCLAYS PLC	0.61%	1,148,527	-17%	0.02%	$46,320,094
ALGEBRIS (UK) LTD	0.58%	1,092,893	-28%	5%	$44,042,614
Balyasny Asset Management L.P.	0.54%	1,021,916	+6173%	0.08%	$41,213,872
WELLS FARGO & COMPANY/MN	0.48%	902,410	-7.8%	0.01%	$36,394,199

Institutional Holders of LINCOLN NATIONAL CORP - Common Stock (LNC) across Reporting Periods

Period	Reported Shares, Excl. Options	Value, Excl. Options	Value Change	Puts Notional Value	Calls Notional Value	Price	Investors
2025 Q4	550,776	$24,596,079	+$685,083			$44.53	23
2025 Q3	134,215,187	$5,412,400,019	+$122,687,874	$109,289,072	$105,884,178	$40.33	595
2025 Q2	132,724,761	$4,593,068,261	+$190,906,837	$71,711,763	$72,250,592	$34.60	560
2025 Q1	126,353,602	$4,531,817,685	+$25,526,340	$66,078,765	$89,658,470	$35.91	562
2024 Q4	126,092,717	$3,998,100,385	-$3,879,835	$159,309,901	$85,529,168	$31.71	551
2024 Q3	125,577,343	$3,954,605,866	-$56,289,185	$170,340,817	$81,748,601	$31.51	526
2024 Q2	126,358,990	$3,928,978,087	+$108,229,171	$146,393,920	$82,619,910	$31.10	532
2024 Q1	123,200,510	$3,929,256,106	+$17,732,530	$168,130,903	$88,484,416	$31.93	496
2023 Q4	123,679,214	$3,333,347,460	-$57,114,715	$189,742,619	$88,701,558	$26.97	500
2023 Q3	125,738,855	$3,103,566,460	+$40,736,385	$191,196,476	$80,800,494	$24.69	471
2023 Q2	123,675,003	$3,177,239,038	-$142,657,881	$103,248,950	$82,982,754	$25.76	489
2023 Q1	129,731,094	$2,907,692,169	-$128,624,499	$94,870,536	$61,431,710	$22.47	483
2022 Q4	134,162,418	$4,123,038,450	+$36,921,580	$62,991,016	$53,338,928	$30.72	564
2022 Q3	134,083,900	$5,900,746,606	+$160,912,442	$64,541,446	$38,355,000	$43.91	599
2022 Q2	129,958,322	$6,070,517,974	+$113,785,453	$63,371,000	$31,577,000	$46.77	611
2022 Q1	129,003,630	$8,413,802,695	-$307,382,821	$95,070,000	$69,034,000	$65.36	636
2021 Q4	133,640,078	$9,109,937,826	-$568,978,596	$91,150,978	$89,982,000	$68.26	659
2021 Q3	141,539,185	$9,707,207,067	-$203,361,995	$102,656,000	$171,353,000	$68.75	625
2021 Q2	145,032,848	$9,078,831,841	-$119,534,156	$90,565,072	$137,391,000	$62.84	611
2021 Q1	146,916,078	$9,115,116,130	-$168,044,169	$75,994,725	$148,300,467	$62.27	616
2020 Q4	150,907,812	$7,567,245,291	+$35,026,540	$68,510,000	$73,882,000	$50.31	611
2020 Q3	150,740,026	$4,709,773,752	-$59,343,716	$34,483,994	$46,355,531	$31.33	522
2020 Q2	152,444,589	$5,589,125,324	-$35,296,946	$43,116,000	$50,409,000	$36.79	546
2020 Q1	154,017,835	$4,054,101,070	-$408,078,895	$27,658,000	$16,016,000	$26.32	498
2019 Q4	160,148,900	$9,447,330,924	-$20,060,468	$63,356,000	$53,912,000	$59.01	613
2019 Q3	161,141,605	$9,719,574,822	-$259,670,091	$43,811,000	$75,720,000	$60.32	619
2019 Q2	165,307,643	$10,639,062,859	+$117,649,811	$57,231,000	$19,618,000	$64.45	658
2019 Q1	166,403,164	$9,770,255,816	-$290,619,626	$15,613,000	$17,451,000	$58.70	645
2018 Q4	170,876,930	$8,768,758,741	-$355,315,391	$62,634,000	$106,088,000	$51.31	621
2018 Q3	175,483,390	$11,871,530,459	-$210,095,141	$57,707,000	$40,428,000	$67.66	649
2018 Q2	178,773,824	$11,130,410,440	-$120,263,238	$36,535,000	$44,800,000	$62.25	661
2018 Q1	179,873,514	$13,141,376,560	+$48,876,623	$46,144,000	$43,682,000	$73.06	679
2017 Q4	180,108,901	$13,848,550,175	-$150,656,566	$41,651,000	$55,023,000	$76.87	674
2017 Q3	181,411,489	$13,330,336,572	-$71,999,776	$47,623,000	$41,743,000	$73.48	636
2017 Q2	182,447,885	$12,329,593,990	-$114,742,502	$79,044,000	$75,295,000	$67.58	644
2017 Q1	185,143,348	$12,117,514,412	+$1,031,274,302	$96,033,000	$122,602,000	$65.45	632
2016 Q4	186,469,299	$12,351,578,891	+$97,348,633	$87,997,000	$123,047,000	$66.27	622
2016 Q3	183,978,140	$8,626,177,685	-$104,338,279	$45,856,000	$78,456,000	$46.98	558
2016 Q2	186,488,901	$7,231,357,949	-$280,228,270	$32,473,000	$27,574,000	$38.77	552
2016 Q1	193,435,123	$7,582,793,934	-$123,551,461	$16,028,000	$37,716,000	$39.20	547
2015 Q4	195,756,751	$9,838,526,532	-$201,069,360	$21,811,000	$38,491,000	$50.26	568
2015 Q3	199,896,208	$9,487,661,986	-$283,088,169	$25,668,000	$41,201,000	$47.46	561
2015 Q2	205,844,444	$12,187,719,475	-$251,497,575	$30,152,000	$54,708,000	$59.22	580
2015 Q1	210,245,362	$12,073,193,675	-$189,516,714	$26,959,000	$50,569,000	$57.46	584
2014 Q4	213,623,985	$12,311,823,499	+$9,112,451	$62,542,000	$46,046,000	$57.67	577
2014 Q3	215,301,014	$11,535,627,372	-$425,277,763	$63,988,000	$66,153,000	$53.58	552
2014 Q2	222,742,573	$11,458,059,190	-$60,585,692	$68,317,000	$80,979,000	$51.44	540
2014 Q1	225,681,550	$11,431,011,241	-$124,919,390	$121,324,000	$88,998,000	$50.67	536