Lincoln National
567 hedge funds and large institutions have $9.56B invested in Lincoln National in 2015 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 189 increasing their positions, 234 reducing their positions, and 69 closing their positions.
45% more call options, than puts
Call options by funds: $45.6M | Put options by funds: $31.4M
1.74% less ownership
Funds ownership: 82.36% → 80.63% (-1.7%)
3% less funds holding
Funds holding: 587 → 567 (-20)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
19% less repeat investments, than reductions
Existing positions increased: 189 | Existing positions reduced: 234
22% less capital invested
Capital invested by funds: $12.3B → $9.56B (-$2.7B)
25% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 69
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$88.8M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$35.1M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$33.8M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$31M |
| 5 |
PP
Prudential plc
London, England,
United Kingdom
|
+$25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$78.2M |
| 2 |
Neuberger Berman Group
New York
|
-$74.6M |
| 3 |
Ninety One (UK)
London,
United Kingdom
|
-$69.5M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$62.1M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$43.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BRWM
626
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$97K | -1,641 | Closed |
|
|
IC
627
IKOS CIF
Limassol,
Cyprus
| – | -$85K | -1,400 | Closed |
|
|
VCM
628
Vigilant Capital Management
Portland,
Maine
| – | -$57K | -955 | Closed |
|
|
NYLIM
629
New York Life Investment Management
New York
| – | -$53K | -900 | Closed |
|
|
IPC
630
Independent Portfolio Consultants
Boca Raton,
Florida
| – | -$34K | -580 | Closed |
|
|
AWS
631
Aris Wealth Services
State College,
Pennsylvania
| – | -$24K | -405 | Closed |
|
|
MUS
632
Mitsubishi UFJ Securities
Tokyo,
Japan
| – | -$17K | -290 | Closed |
|
|
TDC
633
Thompson Davis & Co
Richmond,
Virginia
| – | -$15K | -258 | Closed |
|
|
CAM
634
ClariVest Asset Management
San Diego,
California
| – | -$3K | -47 | Closed |
|
635
First Manhattan
New York
| – | -$1K | -32 | Closed |
|
|
FANJ
636
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$1K | -13 | Closed |
|
LNC Hedge Fund Activity: Q3 2015 in Review
567 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Lincoln National (LNC) for Q3 2015, worth a combined $9.56B — down 22% from $12.3B a quarter earlier.
Sellers outnumbered buyers: 69 funds closed out of LNC and 52 opened new positions — a net loss of 17 holders — while 234 trimmed existing stakes and 189 added.
The largest buyer was Millennium Management, adding an estimated $88.8M. The largest seller was Brandywine Global Investment Management, cutting an estimated $78.2M.
- 567 institutional investors held Lincoln National (LNC) as of Q3 2015, down from 587 in Q2 2015.
- Funds reported $9.56B of Lincoln National stock for Q3 2015, down 22% quarter-over-quarter.
- 52 funds opened new Lincoln National positions in Q3 2015 and 69 closed out, a net change of -17 holders.
- The largest Lincoln National buyer in Q3 2015 was Millennium Management, an estimated $88.8M added.
- The largest Lincoln National seller in Q3 2015 was Brandywine Global Investment Management, an estimated $78.2M sold.
Based on aggregated 13F filings for Q3 2015.