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Lincoln National

490 hedge funds and large institutions have $2.91B invested in Lincoln National in 2023 Q1 according to their latest regulatory filings, with 53 funds opening new positions, 185 increasing their positions, 182 reducing their positions, and 130 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% more repeat investments, than reductions

Existing positions increased: 185 | Existing positions reduced: 182

4.56% less ownership

Funds ownership: 81.39%76.83% (-4.6%)

15% less funds holding

Funds holding: 575490 (-85)

27% less call options, than puts

Call options by funds: $82.2M | Put options by funds: $112M

30% less capital invested

Capital invested by funds: $4.19B → $2.91B (-$1.28B)

59% less first-time investments, than exits

New positions opened: 53 | Existing positions closed: 130

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
490
Holders Change
-85
Holders Change %
-14.78%
% of All Funds
7.81%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.02%
New
53
Increased
185
Reduced
182
Closed
130
Calls
$82.2M
Puts
$112M
Net Calls
-$30.3M
Net Calls Change
-$46.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$512M +$80.9M +2,722,448 +14%
BlackRock
2
BlackRock
New York
$243M -$89.4M -3,006,436 -22%
State Street
3
State Street
Massachusetts
$203M -$12.7M -426,659 -5%
Invesco
4
Invesco
Georgia
$165M +$75.6M +2,542,275 +53%
Dodge & Cox
5
Dodge & Cox
California
$97.9M +$1.38M +46,379 +1%
Morgan Stanley
6
Morgan Stanley
New York
$83.2M -$18.7M -629,698 -15%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$74.1M -$444K -14,925 -0.5%
Millennium Management
8
Millennium Management
New York
$72.5M -$35.5M -1,195,602 -27%
APG Asset Management
9
APG Asset Management
Netherlands
$71.8M +$20.2M +677,892 +24%
LSV Asset Management
10
LSV Asset Management
Illinois
$66.2M -$598K -20,100 -0.7%
Northern Trust
11
Northern Trust
Illinois
$57.7M +$1.44M +48,478 +2%
Jacobs Levy Equity Management
12
Jacobs Levy Equity Management
New Jersey
$49.6M +$32.3M +1,087,331 +97%
Barclays
13
Barclays
United Kingdom
$49M +$29.4M +987,824 +83%
Bank of America
14
Bank of America
North Carolina
$43.5M +$26.2M +879,741 +83%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$39.3M -$30.5M -1,027,431 -37%
Norges Bank
16
Norges Bank
Norway
$39M -$9.1M -306,087 -15%
Goldman Sachs
17
Goldman Sachs
New York
$38.8M +$8.64M +290,727 +20%
Citadel Advisors
18
Citadel Advisors
Florida
$36.4M +$4.5M +151,503 +10%
Voloridge Investment Management
19
Voloridge Investment Management
Florida
$35M +$13.2M +442,297 +40%
Charles Schwab
20
Charles Schwab
California
$32.6M +$1.76M +59,192 +4%
Squarepoint
21
Squarepoint
New York
$31.8M +$27.3M +919,705 +186%
Ameriprise
22
Ameriprise
Minnesota
$27M -$97.6M -3,284,116 -73%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$25.5M -$5.33M -179,234 -14%
Renaissance Technologies
24
Renaissance Technologies
New York
$23.3M +$23.6M +794,100 +324%
CSS
25
Cubist Systematic Strategies
Connecticut
$22.3M +$13.2M +445,023 +81%

LNC Hedge Fund Activity: Q1 2023 in Review

490 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Lincoln National (LNC) for Q1 2023, worth a combined $2.91B — down 30% from $4.19B a quarter earlier.

Sellers outnumbered buyers: 130 funds closed out of LNC and 53 opened new positions — a net loss of 77 holders — while 182 trimmed existing stakes and 185 added.

The largest buyer was Vanguard Group, adding an estimated $80.9M. The largest seller was Lyrical Asset Management, exiting entirely with an estimated $149M sold.

  • 490 institutional investors held Lincoln National (LNC) as of Q1 2023, down from 575 in Q4 2022.
  • Funds reported $2.91B of Lincoln National stock for Q1 2023, down 30% quarter-over-quarter.
  • 53 funds opened new Lincoln National positions in Q1 2023 and 130 closed out, a net change of -77 holders.
  • The largest Lincoln National buyer in Q1 2023 was Vanguard Group, an estimated $80.9M added.
  • The largest Lincoln National seller in Q1 2023 was Lyrical Asset Management, an estimated $149M sold.

Based on aggregated 13F filings for Q1 2023.