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Lincoln Educational Services
LINC

Name Holding Trade Value Shares
Change 		Change in
Stake
HA
1
Heartland Advisors
Wisconsin
$21M +$24.4M +3,990,793 New
RA
2
Royce & Associates
New York
$13.8M +$16M +2,616,800 New
WI
3
WHV Investments
California
$7.23M +$8.4M +1,372,330 New
BFA
4
BlackRock Fund Advisors
California
$6.21M +$7.21M +1,177,812 New
Ameriprise
5
Ameriprise
Minnesota
$4.49M +$5.22M +852,719 New
BIT
6
BlackRock Institutional Trust
California
$3.75M +$4.35M +710,928 New
Vanguard Group
7
Vanguard Group
Pennsylvania
$3.6M +$4.19M +684,145 New
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$2.72M +$3.16M +515,798 New
State Street
9
State Street
Massachusetts
$1.94M +$2.25M +367,661 New
JP Morgan Chase
10
JP Morgan Chase
New York
$1.82M +$2.11M +345,289 New
BA
11
BlackRock Advisors
Delaware
$1.77M +$2.06M +336,459 New
Northern Trust
12
Northern Trust
Illinois
$1.66M +$1.92M +314,214 New
AAM
13
Auxier Asset Management
Oregon
$1.48M +$1.71M +280,095 New
Renaissance Technologies
14
Renaissance Technologies
New York
$1.22M +$1.42M +231,400 New
MAA
15
Managed Account Advisors
New Jersey
$1.1M +$1.28M +209,185 New
California Public Employees Retirement System
16
California Public Employees Retirement System
California
$901K +$1.05M +170,958 New
Bank of New York Mellon
17
Bank of New York Mellon
New York
$789K +$916K +149,624 New
GC
18
Guggenheim Capital
Illinois
$754K +$876K +143,071 New
BCM
19
Bridgeway Capital Management
Texas
$725K +$842K +137,550 New
Principal Financial Group
20
Principal Financial Group
Iowa
$628K +$729K +119,107 New
Wells Fargo
21
Wells Fargo
California
$589K +$684K +111,737 New
SO
22
STRS Ohio
Ohio
$577K +$670K +109,400 New
PPA
23
Parametric Portfolio Associates
Washington
$566K +$658K +107,418 New
TCIM
24
TIAA CREF Investment Management
New York
$528K +$613K +100,198 New
BIM
25
BlackRock Investment Management
Delaware
$475K +$552K +90,085 New
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