Lincoln National
505 hedge funds and large institutions have $3.45B invested in Lincoln National in 2023 Q4 according to their latest regulatory filings, with 100 funds opening new positions, 147 increasing their positions, 190 reducing their positions, and 65 closing their positions.
54% more first-time investments, than exits
New positions opened: 100 | Existing positions closed: 65
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
11% more capital invested
Capital invested by funds: $3.11B → $3.45B (+$345M)
6% more funds holding
Funds holding: 475 → 505 (+30)
1.55% more ownership
Funds ownership: 73.91% → 75.46% (+1.6%)
23% less repeat investments, than reductions
Existing positions increased: 147 | Existing positions reduced: 190
51% less call options, than puts
Call options by funds: $105M | Put options by funds: $215M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$76.5M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$30.2M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$26.3M |
| 4 |
Bank of New York Mellon
New York
|
+$22.9M |
| 5 |
Two Sigma Advisers
New York
|
+$20.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
-$103M |
| 2 |
APG Asset Management
Amsterdam,
Netherlands
|
-$63.4M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$21.8M |
| 4 |
AA
ALPS Advisors
Denver,
Colorado
|
-$21.7M |
| 5 |
D.E. Shaw & Co
New York
|
-$14.9M |
LNC Hedge Fund Activity: Q4 2023 in Review
505 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Lincoln National (LNC) for Q4 2023, worth a combined $3.45B — up 11% from $3.11B a quarter earlier.
Buyers outnumbered sellers: 100 funds opened new LNC positions and 65 closed out — a net gain of 35 holders — while 147 added to existing stakes and 190 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $76.5M. The largest seller was Dodge & Cox, cutting an estimated $103M.
- 505 institutional investors held Lincoln National (LNC) as of Q4 2023, up from 475 in Q3 2023.
- Funds reported $3.45B of Lincoln National stock for Q4 2023, up 11% quarter-over-quarter.
- 100 funds opened new Lincoln National positions in Q4 2023 and 65 closed out, a net change of +35 holders.
- The largest Lincoln National buyer in Q4 2023 was Morgan Stanley, an estimated $76.5M added.
- The largest Lincoln National seller in Q4 2023 was Dodge & Cox, an estimated $103M sold.
Based on aggregated 13F filings for Q4 2023.