Lincoln National
541 hedge funds and large institutions have $11.5B invested in Lincoln National in 2014 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 188 increasing their positions, 221 reducing their positions, and 38 closing their positions.
26% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 38
0% more funds holding
Funds holding: 540 → 541 (+1)
2.34% less ownership
Funds ownership: 88.33% → 85.98% (-2.3%)
15% less repeat investments, than reductions
Existing positions increased: 188 | Existing positions reduced: 221
20% less call options, than puts
Call options by funds: $103M | Put options by funds: $129M
23% less capital inflows, than outflows
Capital inflows: $757M | Capital outflows: $977M
24% less funds holding in top 10
Funds holding in top 10: 17 → 13 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$138M |
| 2 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$60M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$44.4M |
| 4 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$39.1M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$34.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$234M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
-$40.4M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$40.2M |
| 4 |
Scout Investments
Kansas City,
Missouri
|
-$39.8M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$28.8M |
LNC Hedge Fund Activity: Q1 2014 in Review
541 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Lincoln National (LNC) for Q1 2014, worth a combined $11.5B — down 4% from $12B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new LNC positions and 38 closed out — a net gain of 10 holders — while 188 added to existing stakes and 221 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $138M. The largest seller was T. Rowe Price Associates, cutting an estimated $234M.
- 541 institutional investors held Lincoln National (LNC) as of Q1 2014, up from 540 in Q4 2013.
- Funds reported $11.5B of Lincoln National stock for Q1 2014, down 4% quarter-over-quarter.
- 48 funds opened new Lincoln National positions in Q1 2014 and 38 closed out, a net change of +10 holders.
- The largest Lincoln National buyer in Q1 2014 was AllianceBernstein, an estimated $138M added.
- The largest Lincoln National seller in Q1 2014 was T. Rowe Price Associates, an estimated $234M sold.
Based on aggregated 13F filings for Q1 2014.