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Lincoln National

539 hedge funds and large institutions have $11.9B invested in Lincoln National in 2013 Q4 according to their latest regulatory filings, with 59 funds opening new positions, 146 increasing their positions, 259 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

89% more funds holding in top 10

Funds holding in top 10: 917 (+8)

69% more first-time investments, than exits

New positions opened: 59 | Existing positions closed: 35

22% more capital invested

Capital invested by funds: $9.79B → $11.9B (+$2.15B)

4% more funds holding

Funds holding: 519539 (+20)

0.07% less ownership

Funds ownership: 88.4%88.33% (-0.07%)

31% less call options, than puts

Call options by funds: $89.6M | Put options by funds: $130M

44% less repeat investments, than reductions

Existing positions increased: 146 | Existing positions reduced: 259

Holders
539
Holders Change
+20
Holders Change %
+3.85%
% of All Funds
15.65%
Holding in Top 10
17
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+88.89%
% of All Funds
0.49%
New
59
Increased
146
Reduced
259
Closed
35
Calls
$89.6M
Puts
$130M
Net Calls
-$40.4M
Net Calls Change
-$27.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$921M +$13.7M +286,094 +2%
State Street
2
State Street
Massachusetts
$611M +$6.39M +133,375 +1%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$520M -$15.4M -321,063 -3%
Goldman Sachs
4
Goldman Sachs
New York
$407M +$56.6M +1,182,298 +18%
AllianceBernstein
5
AllianceBernstein
Tennessee
$388M +$110M +2,299,897 +44%
RP
6
RR Partners
New York
$358M
BIT
7
BlackRock Institutional Trust
California
$354M -$3.64M -75,968 -1%
Invesco
8
Invesco
Georgia
$298M +$26.1M +543,894 +10%
Neuberger Berman Group
9
Neuberger Berman Group
New York
$293M +$24.2M +504,958 +10%
LSV Asset Management
10
LSV Asset Management
Illinois
$274M -$9.08M -189,531 -3%
T. Rowe Price Associates
11
T. Rowe Price Associates
Maryland
$261M -$98M -2,046,410 -29%
Sanders Capital
12
Sanders Capital
Florida
$210M -$1.48M -30,900 -0.8%
Northern Trust
13
Northern Trust
Illinois
$200M -$6.45M -134,665 -3%
BFA
14
BlackRock Fund Advisors
California
$176M +$5.17M +107,997 +3%
Lord, Abbett & Co
15
Lord, Abbett & Co
New Jersey
$174M -$8.61M -179,678 -5%
O
16
OppenheimerFunds
New York
$174M -$1.68M -35,134 -1%
WCM
17
Wedge Capital Management
North Carolina
$169M -$5.29M -110,483 -3%
Ninety One (UK)
18
Ninety One (UK)
United Kingdom
$169M -$171K -3,573 -0.1%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$166M -$13.3M -276,869 -8%
Dimensional Fund Advisors
20
Dimensional Fund Advisors
Texas
$165M +$44K +919 +0%
MCM
21
Munder Capital Management
Michigan
$159M -$41.2M -860,387 -22%
UBS AM
22
UBS AM
Illinois
$148M -$24.8M -518,443 -15%
Ameriprise
23
Ameriprise
Minnesota
$138M -$40.2M -839,248 -24%
SFM
24
Systematic Financial Management
New Jersey
$126M -$30.3M -631,721 -21%
BA
25
BlackRock Advisors
Delaware
$123M +$21.8M +455,591 +24%

LNC Hedge Fund Activity: Q4 2013 in Review

539 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Lincoln National (LNC) for Q4 2013, worth a combined $11.9B — up 22% from $9.79B a quarter earlier.

Buyers outnumbered sellers: 59 funds opened new LNC positions and 35 closed out — a net gain of 24 holders — while 146 added to existing stakes and 259 trimmed.

The largest buyer was AllianceBernstein, adding an estimated $110M. The largest seller was T. Rowe Price Associates, cutting an estimated $98M.

  • 539 institutional investors held Lincoln National (LNC) as of Q4 2013, up from 519 in Q3 2013.
  • Funds reported $11.9B of Lincoln National stock for Q4 2013, up 22% quarter-over-quarter.
  • 59 funds opened new Lincoln National positions in Q4 2013 and 35 closed out, a net change of +24 holders.
  • The largest Lincoln National buyer in Q4 2013 was AllianceBernstein, an estimated $110M added.
  • The largest Lincoln National seller in Q4 2013 was T. Rowe Price Associates, an estimated $98M sold.

Based on aggregated 13F filings for Q4 2013.