Lincoln National
517 hedge funds and large institutions have $4.09B invested in Lincoln National in 2020 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 187 increasing their positions, 202 reducing their positions, and 150 closing their positions.
7% less repeat investments, than reductions
Existing positions increased: 187 | Existing positions reduced: 202
1.7% less ownership
Funds ownership: 80.9% → 79.2% (-1.7%)
17% less funds holding
Funds holding: 620 → 517 (-103)
45% less call options, than puts
Call options by funds: $17M | Put options by funds: $30.8M
57% less capital invested
Capital invested by funds: $9.47B → $4.09B (-$5.38B)
63% less first-time investments, than exits
New positions opened: 55 | Existing positions closed: 150
67% less funds holding in top 10
Funds holding in top 10: 9 → 3 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$80M |
| 2 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
+$76.1M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
+$74.2M |
| 4 |
CIP
Cornerstone Investment Partners
Atlanta,
Georgia
|
+$54.2M |
| 5 |
Dodge & Cox
San Francisco,
California
|
+$53.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$133M |
| 2 |
PP
Prudential plc
London, England,
United Kingdom
|
-$132M |
| 3 |
EIP
Easterly Investment Partners
Beverly,
Massachusetts
|
-$75.2M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$62.4M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$52.5M |
LNC Hedge Fund Activity: Q1 2020 in Review
517 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Lincoln National (LNC) for Q1 2020, worth a combined $4.09B — down 57% from $9.47B a quarter earlier.
Sellers outnumbered buyers: 150 funds closed out of LNC and 55 opened new positions — a net loss of 95 holders — while 202 trimmed existing stakes and 187 added.
The largest buyer was Fidelity Investments, adding an estimated $80M. The largest seller was Citadel Advisors, cutting an estimated $133M.
- 517 institutional investors held Lincoln National (LNC) as of Q1 2020, down from 620 in Q4 2019.
- Funds reported $4.09B of Lincoln National stock for Q1 2020, down 57% quarter-over-quarter.
- 55 funds opened new Lincoln National positions in Q1 2020 and 150 closed out, a net change of -95 holders.
- The largest Lincoln National buyer in Q1 2020 was Fidelity Investments, an estimated $80M added.
- The largest Lincoln National seller in Q1 2020 was Citadel Advisors, an estimated $133M sold.
Based on aggregated 13F filings for Q1 2020.