Graham Capital Management’s Lincoln National LNC Stock Holding History

Graham Capital Management’s Portfolio LNC Stock Details LNC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-20,350	Closed	-$704K	–	1470
2025 Q2	$704K	Buy	+20,350	New	+$666K	0.01%	688
2024 Q2	–	Sell	-155,715	Closed	-$4.97M	–	1221
2024 Q1	$4.97M	Sell	155,715 -12,556	-7%	-$347K	0.09%	125
2023 Q4	$4.54M	Buy	168,271 +9,157	+6%	+$220K	0.1%	118
2023 Q3	$3.93M	Buy	159,114 +45,818	+40%	+$1.2M	0.09%	129
2023 Q2	$2.92M	Sell	113,296 -25,088	-18%	-$551K	0.08%	163
2023 Q1	$3.11M	Buy	138,384 +82,146	+146%	+$2.44M	0.09%	146
2022 Q4	$1.73M	Buy	56,238 +34,846	+163%	+$1.38M	0.05%	334
2022 Q3	$939K	Sell	21,392 -24,124	-53%	-$1.16M	0.04%	519
2022 Q2	$2.13M	Buy	+45,516	New	+$2.6M	0.09%	191

Other funds holding LNC

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Massachusetts Financial Services Boston, Massachusetts $315B AUM 27.84% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

First Trust Advisors Wheaton, Illinois $170B AUM 46.21% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

LSV Asset Management Chicago, Illinois $55.1B AUM 45.38% 1-Year Est. Return

Graham Capital Management's LNC Position: Q3 2025 in Review

Graham Capital Management sold out of Lincoln National (LNC) in Q3 2025, closing a stake of 20,350 shares — an estimated $704K sold.

Graham Capital Management first reported a position in LNC in Q2 2022 and held it in 9 quarters. The position peaked at $4.97M in Q1 2024. 605 funds tracked by Wall St. Rank hold LNC as of Q3 2025.

Graham Capital Management reported no remaining Lincoln National position as of Q3 2025 after selling out during the quarter.
Graham Capital Management sold 20,350 Lincoln National shares in Q3 2025, an estimated $704K.
Graham Capital Management first reported a position in Lincoln National in Q2 2022 and held it in 9 quarters.
Graham Capital Management's Lincoln National position peaked at $4.97M in Q1 2024.
605 funds tracked by Wall St. Rank held Lincoln National as of Q3 2025.

Based on Graham Capital Management's 13F filing for Q3 2025, filed 14 Nov 2025.