Lincoln National
604 hedge funds and large institutions have $5.41B invested in Lincoln National in 2025 Q3 according to their latest regulatory filings, with 89 funds opening new positions, 193 increasing their positions, 194 reducing their positions, and 42 closing their positions.
112% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 42
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
18% more capital invested
Capital invested by funds: $4.59B → $5.41B (+$823M)
7% more funds holding
Funds holding: 566 → 604 (+38)
1% less repeat investments, than reductions
Existing positions increased: 193 | Existing positions reduced: 194
3% less call options, than puts
Call options by funds: $115M | Put options by funds: $119M
6.9% less ownership
Funds ownership: 77.72% → 70.82% (-6.9%)
Top Buyers
| 1 |
BlackRock
New York
|
+$75.2M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$54.3M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$45.8M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$44.8M |
| 5 |
Jennison Associates
New York
|
+$40.9M |
Top Sellers
| 1 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$48.5M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
-$33.8M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$33.5M |
| 4 |
Two Sigma Advisers
New York
|
-$32.4M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$22.4M |
LNC Hedge Fund Activity: Q3 2025 in Review
604 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Lincoln National (LNC) for Q3 2025, worth a combined $5.41B — up 18% from $4.59B a quarter earlier.
Buyers outnumbered sellers: 89 funds opened new LNC positions and 42 closed out — a net gain of 47 holders — while 193 added to existing stakes and 194 trimmed.
The largest buyer was BlackRock, adding an estimated $75.2M. The largest seller was Hennessy Advisors Inc, exiting entirely with an estimated $48.5M sold.
- 604 institutional investors held Lincoln National (LNC) as of Q3 2025, up from 566 in Q2 2025.
- Funds reported $5.41B of Lincoln National stock for Q3 2025, up 18% quarter-over-quarter.
- 89 funds opened new Lincoln National positions in Q3 2025 and 42 closed out, a net change of +47 holders.
- The largest Lincoln National buyer in Q3 2025 was BlackRock, an estimated $75.2M added.
- The largest Lincoln National seller in Q3 2025 was Hennessy Advisors Inc, an estimated $48.5M sold.
Based on aggregated 13F filings for Q3 2025.