Lincoln National
LNC
519 hedge funds and large institutions have $9.96B invested in Lincoln National in 2013 Q3 according to their latest regulatory filings, with 76 funds opening new positions, 163 increasing their positions, 214 reducing their positions, and 26 closing their positions.
192% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 26
39% more capital inflows, than outflows
Capital inflows: $1.19B | Capital outflows: $854M
10% more funds holding
Funds holding: 473 → 519 (+46)
4.1% more ownership
Funds ownership: 85.58% → 89.68% (+4.1%)
13% less call options, than puts
Call options by funds: $89.7M | Put options by funds: $103M
24% less repeat investments, than reductions
Existing positions increased: 163 | Existing positions reduced: 214
31% less funds holding in top 10
Funds holding in top 10: 13 → 9 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$199M |
| 2 |
Goldman Sachs
New York
|
+$165M |
| 3 |
OppenheimerFunds
New York
|
+$99.3M |
| 4 |
Fred Alger Management
New York
|
+$56.5M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$50.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$83.4M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
-$59.2M |
| 3 |
Prudential plc
London, England,
United Kingdom
|
-$48.1M |
| 4 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$42.5M |
| 5 |
SM
Seminole Management
New York
|
-$40M |
LNC Hedge Fund Activity: Q3 2013 in Review
519 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Lincoln National (LNC) for Q3 2013, worth a combined $9.96B — up 19% from $8.38B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new LNC positions and 26 closed out — a net gain of 50 holders — while 163 added to existing stakes and 214 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $199M. The largest seller was Systematic Financial Management, cutting an estimated $83.4M.
- 519 institutional investors held Lincoln National (LNC) as of Q3 2013, up from 473 in Q2 2013.
- Funds reported $9.96B of Lincoln National stock for Q3 2013, up 19% quarter-over-quarter.
- 76 funds opened new Lincoln National positions in Q3 2013 and 26 closed out, a net change of +50 holders.
- The largest Lincoln National buyer in Q3 2013 was AllianceBernstein, an estimated $199M added.
- The largest Lincoln National seller in Q3 2013 was Systematic Financial Management, an estimated $83.4M sold.
Based on aggregated 13F filings for Q3 2013.