Latest Period
Q1 2026
Security Snapshot
LINCOLN NATIONAL CORP - Common Stock (LNC) Institutional Ownership
CUSIP: 534187109
13F Institutional Holders and Ownership History from Q1 2014 to Q1 2026
Institutions Reporting
606
Shares (Excl. Options)
156,480,871
Price
$35.50
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- Security type / class
- Equity / Common Stock
- Symbol
- LNC on NYSE
- Shares outstanding
- 190,091,706
- Reported price per share
- $34.07
- Price from insider filings
- $34.07
- All holders as of 31 Mar 2026
- Q1 2026
- Total 13F shares
- 156,480,871
- Total reported value
- $5,557,980,205
- Portfolio coverage rank
- 0.01%
- Share change
- -1,344,642
- Value change
- -$96,847,125
- Number of holders
- 606
Security identity
Issuer context
Latest holder snapshot
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors
Key facts
- LNC - LINCOLN NATIONAL CORP - Common Stock is tracked under CUSIP 534187109.
- 606 institutions reported positions in Q1 2026.
- 3 significant owners is listed from Schedule 13D/13G reporting.
Change
- Holder count moved from 621 to 606 between Q4 2025 and Q1 2026.
- Reported value moved from $7,025,719,313 to $5,557,980,205.
Research use
- You can quickly see who holds this security, then open quarter and manager detail pages for full evidence.
- 13F and Schedule 13D/13G sections are kept together so you can cross-check institutional and beneficial ownership context.
Evidence
Source: SEC Form 13F
Open SEC Evidence
Latest holder context comes from 606 institutions filings for Q1 2026.
Security key
534187109
Latest holder period
Q1 2026
13F holders
606
13D/G owners
3
CIK / CUSIP context first
Open Q1 2026 holders
LNC full holder history
LINCOLN NATIONAL CORP SEC filings
LINCOLN NATIONAL CORP company facts
LINCOLN NATIONAL CORP insider transactions
Broader feeds
Recent Quarterly Holder Reports
Open recent reporting periods for CUSIP 534187109:
13D/G owners
Significant owners
Large-stake holder rows connected to Schedule 13D/G evidence.
Rows
3
Security
LNC
| 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 | |||
| VANGUARD PORTFOLIO MANAGEMENT LLC | 5.5% | $371,805,096 | 10,473,383 | Vanguard Portfolio Management | 31 Mar 2026 | |||
| VANGUARD CAPITAL MANAGEMENT LLC | 5% | $340,112,081 | 9,580,622 | Vanguard Capital Management | 31 Mar 2026 |
As of 31 Mar 2026, 606 institutional investors reported holding 156,480,871 shares of LINCOLN NATIONAL CORP - Common Stock (LNC). This represents 82% of the company’s total 190,091,706 outstanding shares.
13F concentration
Top 25 institutional shareholders
Largest 13F positions for this security by reported shares and value.
Top holder share
61%
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| Bain Capital Prairie, LLC | 9.9% | 18,759,497 | 0% | 100% | $665,962,144 |
| BlackRock, Inc. | 9.7% | 18,498,104 | -0.29% | 0.01% | $656,682,714 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 5.5% | 10,409,654 | 0% | 0.02% | $369,542,717 |
| VANGUARD CAPITAL MANAGEMENT LLC | 4.4% | 8,270,901 | 0% | 0.01% | $293,616,986 |
| DIMENSIONAL FUND ADVISORS LP | 4.1% | 7,755,506 | +24% | 0.06% | $275,304,083 |
| STATE STREET CORP | 3.1% | 5,891,295 | -0.08% | 0.01% | $209,140,973 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 3.1% | 5,867,896 | -0.34% | 0.07% | $208,973,940 |
| PRICE T ROWE ASSOCIATES INC /MD/ | 2.3% | 4,427,949 | -15% | 0.02% | $157,193,000 |
| JENNISON ASSOCIATES LLC | 2% | 3,823,152 | +3.9% | 0.09% | $135,721,907 |
| MORGAN STANLEY | 1.9% | 3,692,841 | -9.1% | 0.01% | $131,095,941 |
| GEODE CAPITAL MANAGEMENT, LLC | 1.7% | 3,159,019 | +6.8% | 0.01% | $112,172,418 |
| LSV ASSET MANAGEMENT | 1.3% | 2,560,096 | -0.5% | 0.2% | $90,883,000 |
| PRINCIPAL FINANCIAL GROUP INC | 1.2% | 2,280,576 | -1.4% | 0.04% | $80,960,449 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1.1% | 2,135,814 | +2.8% | 0.01% | $75,821,397 |
| FIRST TRUST ADVISORS LP | 1.1% | 2,128,355 | -56% | 0.05% | $75,556,587 |
| Balyasny Asset Management L.P. | 1.1% | 2,085,619 | +7.3% | 0.15% | $74,039,475 |
| NORTHERN TRUST CORP | 0.97% | 1,852,532 | -4.7% | 0.01% | $65,764,888 |
| JUPITER ASSET MANAGEMENT LTD | 0.95% | 1,796,671 | +151% | 0.34% | $63,781,821 |
| GOLDMAN SACHS GROUP INC | 0.94% | 1,785,407 | +5% | 0.01% | $63,381,941 |
| Bank of New York Mellon Corp | 0.94% | 1,778,894 | -1.1% | 0.01% | $63,150,739 |
| Invesco Ltd. | 0.81% | 1,541,270 | +12% | 0.01% | $54,715,086 |
| HSBC HOLDINGS PLC | 0.79% | 1,499,854 | +10% | 0.03% | $53,156,642 |
| VICTORY CAPITAL MANAGEMENT INC | 0.77% | 1,465,981 | +82% | 0.03% | $52,042,326 |
| UBS Group AG | 0.77% | 1,454,657 | -6.7% | 0.01% | $51,640,325 |
| BANK OF AMERICA CORP /DE/ | 0.75% | 1,428,845 | +4.7% | 0% | $50,723,981 |
Quarter history
Institutional holders across reporting periods
Holder count, reported shares/value, and median price by quarter.
Periods
49
Latest
Q1 2026
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2026 Q1 | 156,480,871 | $5,557,980,205 | -$96,847,125 | $35.50 | 606 |
| 2025 Q4 | 157,797,023 | $7,025,719,313 | +$208,768,704 | $44.53 | 621 |
| 2025 Q3 | 134,232,334 | $5,413,233,033 | +$127,099,247 | $40.33 | 600 |
| 2025 Q2 | 132,724,761 | $4,593,068,261 | +$190,906,837 | $34.60 | 560 |
| 2025 Q1 | 126,353,602 | $4,531,817,685 | +$25,526,340 | $35.91 | 562 |
| 2024 Q4 | 126,092,717 | $3,998,100,385 | -$3,879,835 | $31.71 | 551 |
| 2024 Q3 | 125,577,343 | $3,954,605,866 | -$56,289,185 | $31.51 | 526 |
| 2024 Q2 | 126,358,990 | $3,928,978,087 | +$108,229,171 | $31.10 | 532 |
| 2024 Q1 | 123,200,510 | $3,929,256,106 | +$17,732,530 | $31.93 | 496 |
| 2023 Q4 | 123,679,214 | $3,333,347,460 | -$57,114,715 | $26.97 | 500 |
| 2023 Q3 | 125,738,855 | $3,103,566,460 | +$40,736,385 | $24.69 | 471 |
| 2023 Q2 | 123,675,003 | $3,177,239,038 | -$142,657,881 | $25.76 | 489 |
| 2023 Q1 | 129,731,094 | $2,907,692,169 | -$128,624,499 | $22.47 | 483 |
| 2022 Q4 | 134,162,418 | $4,123,038,450 | +$36,921,580 | $30.72 | 564 |
| 2022 Q3 | 134,083,900 | $5,900,746,606 | +$160,912,442 | $43.91 | 599 |
| 2022 Q2 | 129,958,322 | $6,070,517,974 | +$113,785,453 | $46.77 | 611 |
| 2022 Q1 | 129,003,630 | $8,413,802,695 | -$307,382,821 | $65.36 | 636 |
| 2021 Q4 | 133,640,078 | $9,109,937,826 | -$568,978,596 | $68.26 | 659 |
| 2021 Q3 | 141,539,185 | $9,707,207,067 | -$203,361,995 | $68.75 | 625 |
| 2021 Q2 | 145,032,848 | $9,078,831,841 | -$119,534,156 | $62.84 | 611 |
| 2021 Q1 | 146,916,078 | $9,115,116,130 | -$168,044,169 | $62.27 | 616 |
| 2020 Q4 | 150,907,812 | $7,567,245,291 | +$35,026,540 | $50.31 | 611 |
| 2020 Q3 | 150,740,026 | $4,709,773,752 | -$59,343,716 | $31.33 | 522 |
| 2020 Q2 | 152,444,589 | $5,589,125,324 | -$35,296,946 | $36.79 | 546 |
| 2020 Q1 | 154,017,835 | $4,054,101,070 | -$408,078,895 | $26.32 | 498 |
| 2019 Q4 | 160,148,900 | $9,447,330,924 | -$20,060,468 | $59.01 | 613 |
| 2019 Q3 | 161,141,605 | $9,719,574,822 | -$259,670,091 | $60.32 | 619 |
| 2019 Q2 | 165,307,643 | $10,639,062,859 | +$117,649,811 | $64.45 | 658 |
| 2019 Q1 | 166,403,164 | $9,770,255,816 | -$290,619,626 | $58.70 | 645 |
| 2018 Q4 | 170,876,930 | $8,768,758,741 | -$355,315,391 | $51.31 | 621 |
| 2018 Q3 | 175,483,390 | $11,871,530,459 | -$210,095,141 | $67.66 | 649 |
| 2018 Q2 | 178,773,824 | $11,130,410,440 | -$120,263,238 | $62.25 | 661 |
| 2018 Q1 | 179,873,514 | $13,141,376,560 | +$48,876,623 | $73.06 | 679 |
| 2017 Q4 | 180,108,901 | $13,848,550,175 | -$150,656,566 | $76.87 | 674 |
| 2017 Q3 | 181,411,489 | $13,330,336,572 | -$71,999,776 | $73.48 | 636 |
| 2017 Q2 | 182,447,885 | $12,329,593,990 | -$114,742,502 | $67.58 | 644 |
| 2017 Q1 | 185,143,348 | $12,117,514,412 | +$1,031,274,302 | $65.45 | 632 |
| 2016 Q4 | 186,469,299 | $12,351,578,891 | +$97,348,633 | $66.27 | 622 |
| 2016 Q3 | 183,978,140 | $8,626,177,685 | -$104,338,279 | $46.98 | 558 |
| 2016 Q2 | 186,488,901 | $7,231,357,949 | -$280,228,270 | $38.77 | 552 |
| 2016 Q1 | 193,435,123 | $7,582,793,934 | -$123,551,461 | $39.20 | 547 |
| 2015 Q4 | 195,756,751 | $9,838,526,532 | -$201,069,360 | $50.26 | 568 |
| 2015 Q3 | 199,896,208 | $9,487,661,986 | -$283,088,169 | $47.46 | 561 |
| 2015 Q2 | 205,844,444 | $12,187,719,475 | -$251,497,575 | $59.22 | 580 |
| 2015 Q1 | 210,245,362 | $12,073,193,675 | -$189,516,714 | $57.46 | 584 |
| 2014 Q4 | 213,623,985 | $12,311,823,499 | +$9,112,451 | $57.67 | 577 |
| 2014 Q3 | 215,301,014 | $11,535,627,372 | -$425,277,763 | $53.58 | 552 |
| 2014 Q2 | 222,742,573 | $11,458,059,190 | -$60,585,692 | $51.44 | 540 |
| 2014 Q1 | 225,681,550 | $11,431,011,241 | -$124,919,390 | $50.67 | 536 |