Lincoln National
506 hedge funds and large institutions have $3.34B invested in Lincoln National in 2023 Q4 according to their latest regulatory filings, with 101 funds opening new positions, 146 increasing their positions, 191 reducing their positions, and 65 closing their positions.
55% more first-time investments, than exits
New positions opened: 101 | Existing positions closed: 65
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
7% more capital invested
Capital invested by funds: $3.11B → $3.34B (+$231M)
7% more funds holding
Funds holding: 475 → 506 (+31)
0.93% less ownership
Funds ownership: 73.9% → 72.97% (-0.93%)
24% less repeat investments, than reductions
Existing positions increased: 146 | Existing positions reduced: 191
51% less call options, than puts
Call options by funds: $105M | Put options by funds: $215M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
+$30.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$26.3M |
| 3 |
Bank of New York Mellon
New York
|
+$22.9M |
| 4 |
Two Sigma Advisers
New York
|
+$20.2M |
| 5 |
Two Sigma Investments
New York
|
+$18.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
-$103M |
| 2 |
APG Asset Management
Amsterdam,
Netherlands
|
-$63.4M |
| 3 |
Morgan Stanley
New York
|
-$25.6M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$21.8M |
| 5 |
AA
ALPS Advisors
Denver,
Colorado
|
-$21.7M |
LNC Hedge Fund Activity: Q4 2023 in Review
506 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Lincoln National (LNC) for Q4 2023, worth a combined $3.34B — up 7.4% from $3.11B a quarter earlier.
Buyers outnumbered sellers: 101 funds opened new LNC positions and 65 closed out — a net gain of 36 holders — while 146 added to existing stakes and 191 trimmed.
The largest buyer was Marshall Wace, adding an estimated $30.2M. The largest seller was Dodge & Cox, cutting an estimated $103M.
- 506 institutional investors held Lincoln National (LNC) as of Q4 2023, up from 475 in Q3 2023.
- Funds reported $3.34B of Lincoln National stock for Q4 2023, up 7.4% quarter-over-quarter.
- 101 funds opened new Lincoln National positions in Q4 2023 and 65 closed out, a net change of +36 holders.
- The largest Lincoln National buyer in Q4 2023 was Marshall Wace, an estimated $30.2M added.
- The largest Lincoln National seller in Q4 2023 was Dodge & Cox, an estimated $103M sold.
Based on aggregated 13F filings for Q4 2023.