Kempner Capital Management’s Lincoln National LNC Stock Holding History

Kempner 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 Q4	$3.21M	Sell	71,088 -10,687	-13%	-$445K	3.04%	11
2025 Q3	$3.3M	Sell	81,775 -77,131	-49%	-$2.98M	2.74%	12
2025 Q2	$5.5M	Hold	158,906	–	–	2.94%	11
2025 Q1	$5.71M	Hold	158,906	–	–	3.21%	10
2024 Q4	$5.04M	Hold	158,906	–	–	2.77%	18
2024 Q3	$5.01M	Hold	158,906	–	–	2.56%	20
2024 Q2	$4.94M	Hold	158,906	–	–	2.62%	19
2024 Q1	$5.07M	Sell	158,906 -12	-0%	-$331	2.75%	16
2023 Q4	$4.29M	Sell	158,918 -46	-0%	-$1.11K	2.4%	20
2023 Q3	$3.92M	Hold	158,964	–	–	2.36%	21
2023 Q2	$4.09M	Hold	158,964	–	–	2.62%	17
2023 Q1	$3.57M	Hold	158,964	–	–	2.09%	27
2022 Q4	$4.88M	Sell	158,964 -760	-0.5%	-$30.2K	2.96%	7
2022 Q3	$7.01M	Hold	159,724	–	–	4.64%	3
2022 Q2	$7.47M	Buy	159,724 +600	+0.4%	+$34.2K	4.55%	1
2022 Q1	$10.4M	Sell	159,124 -90	-0.1%	-$6.15K	5.7%	1
2021 Q4	$10.9M	Sell	159,214 -480	-0.3%	-$33.9K	6.41%	1
2021 Q3	$11M	Hold	159,694	–	–	6.26%	1
2021 Q2	$10M	Hold	159,694	–	–	5.69%	2
2021 Q1	$9.94M	Hold	159,694	–	–	5.72%	2
2020 Q4	$8.03M	Hold	159,694	–	–	5.31%	2
2020 Q3	$5M	Hold	159,694	–	–	4%	7
2020 Q2	$5.88M	Sell	159,694 -367	-0.2%	-$12.9K	4.61%	4
2020 Q1	$4.21M	Buy	+160,061	New	+$7.6M	3.67%	6
2018 Q1	–	Sell	-24,409	Closed	-$1.88M	–	62
2017 Q4	$1.88M	Sell	24,409 -215	-0.9%	-$16.3K	1.17%	30
2017 Q3	$1.81M	Buy	24,624 +268	+1%	+$18.9K	1.19%	25
2017 Q2	$1.65M	Hold	24,356	–	–	1.08%	31
2017 Q1	$1.59M	Sell	24,356 -489	-2%	-$33.4K	1.06%	30
2016 Q4	$1.65M	Sell	24,845 -5,189	-17%	-$302K	1.2%	28
2016 Q3	$1.41M	Sell	30,034 -1,200	-4%	-$53.7K	0.97%	32
2016 Q2	$1.21M	Hold	31,234	–	–	0.78%	38
2016 Q1	$1.22M	Hold	31,234	–	–	0.74%	38
2015 Q4	$1.57M	Sell	31,234 -1,443	-4%	-$75.5K	0.92%	37
2015 Q3	$1.55M	Hold	32,677	–	–	0.88%	41
2015 Q2	$1.94M	Buy	32,677 +5,900	+22%	+$345K	1.01%	39
2015 Q1	$1.54M	Sell	26,777 -8,000	-23%	-$447K	0.98%	39
2014 Q4	$2.01M	Hold	34,777	–	–	0.9%	40
2014 Q3	$1.86M	Sell	34,777 -957	-3%	-$50.9K	0.79%	41
2014 Q2	$1.84M	Hold	35,734	–	–	0.73%	41
2014 Q1	$1.81M	Sell	35,734 -117	-0.3%	-$5.88K	0.74%	39
2013 Q4	$1.85M	Sell	35,851 -14,033	-28%	-$672K	0.79%	36
2013 Q3	$2.1M	Hold	49,884	–	–	0.85%	37
2013 Q2	$1.82M	Buy	+49,884	New	+$1.7M	0.76%	37

Other funds holding LNC

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

BCP

Bain Capital Prairie Boston, Massachusetts $666M AUM

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Massachusetts Financial Services Boston, Massachusetts $298B AUM 21.96% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

First Trust Advisors Wheaton, Illinois $140B AUM 27.84% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Jennison Associates New York $145B AUM 34.61% 1-Year Est. Return

Kempner Capital Management's LNC Position: Q4 2025 in Review

Kempner Capital Management reduced its Lincoln National (LNC) stake by 13% in Q4 2025, selling an estimated $445K and leaving 71,088 shares worth $3.21M. The position accounts for 3.04% of the portfolio, ranked #11.

Kempner Capital Management first reported a position in LNC in Q2 2013 and has held it in 43 quarters since. The position peaked at $11M in Q3 2021. 627 funds tracked by Wall St. Rank hold LNC as of Q4 2025.

Kempner Capital Management held 71,088 shares of Lincoln National worth $3.21M as of Q4 2025.
Kempner Capital Management sold 10,687 Lincoln National shares in Q4 2025, an estimated $445K.
Lincoln National made up 3.04% of Kempner Capital Management's portfolio in Q4 2025, its #11 holding.
Kempner Capital Management first reported a position in Lincoln National in Q2 2013 and has held it in 43 quarters since.
Kempner Capital Management's Lincoln National position peaked at $11M in Q3 2021.
627 funds tracked by Wall St. Rank held Lincoln National as of Q4 2025.

Based on Kempner Capital Management's 13F filing for Q4 2025, filed 12 Jan 2026.