LINCOLN NATIONAL CORP

Insurer

CIK

59558

Location

RADNOR, PA

Portfolio Value

Mid $3,907,393,787

Diversification

Moderately concentrated

Reports for

Lincoln Financial Investments Corp

Filing Date

Global Rank

#1,046 / 8,827 ▼ 3

Period ended 4 months ago

Filed Aug 10, 2026 · 3mo

26 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Insurer

SEC filer profile, Oct 18, 2026

SIC code

6311

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Concentrated

The top 10 positions are 100.0% of the book (60%+)

Turnover

Low turnover

8.8% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 18.1 quarters (12+), a floor since 55.9% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 93.8%; sector active share 87.1% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

20 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

33.9%

−0.8 pts

Top 5

81.8%

−2.0 pts

Top 10

100.0%

0.0 pts

HHI

1,885

Moderately concentrated−94

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	100.0%	$3,907,393,787	20

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

11 positions

Ticker	Company	Δ Shares	Shares	Value
VUG	VANGUARD GROWTH INDEX FUND	+3,352,590	4,071,643	$350,731,328
SCHP	Schwab U.S. TIPS ETF	+531,716	9,439,565	$250,148,472
BLV	VANGUARD LONG-TERM BOND INDEX FUND	+123,593	2,750,787	$189,611,747
BNDX	Vanguard Total International Bond ETF	+106,727	4,815,071	$233,193,888
VMBS	VANGUARD MORTGAGE-BACKED SECURITIES INDEX FUND	+89,304	3,880,622	$181,651,915
BSV	VANGUARD SHORT-TERM BOND INDEX FUND	+75,129	3,979,162	$310,016,511
VTV	VANGUARD VALUE INDEX FUND	+66,537	1,465,806	$319,443,101
BIV	Vanguard Bond Index Funds	+65,981	2,251,874	$172,718,735
VGK	VANGUARD EUROPEAN STOCK INDEX FUND	+36,184	1,370,143	$121,312,461
VB	Vanguard Index Funds	+8,822	293,140	$88,856,596
—		+2,122	170,932	$42,085,167
No positions match the current search.

Trimmed

Positions the filer reduced

8 positions

Ticker	Company	Δ Shares	Shares	Value
IEMG	iShares Trust	−115,803	1,521,016	$126,000,965
VPL	VANGUARD PACIFIC STOCK INDEX FUND	−33,446	740,397	$85,656,528
VEA	Vanguard FTSE Developed Markets ETF	−23,812	2,629,796	$187,372,965
VEU	Vanguard International Equity Index Funds	−21,265	3,294,439	$275,909,266
VXUS	Vanguard Total International Stock ETF	−9,624	1,439,435	$123,057,298
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	−8,629	817,971	$302,681,988
VOO	VANGUARD 500 INDEX FUND	−5,663	380,227	$261,143,705
VTHR	VANGUARD RUSSELL 3000 INDEX FUND	−4,456	458,185	$151,856,254
No positions match the current search.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	2,244,009	$133,944,897
No positions match the current search.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

20 tracked positions · $3,907,393,787 total · filing declares 20 positions · $3,907,391,966 · as of Jun 30, 2026

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
VUG	VANGUARD GROWTH INDEX FUND	Added	4,071,643	+3,352,590	$350,731,328	+11.7%	7	unpriced	8.98%
VTV	VANGUARD VALUE INDEX FUND	Added	1,465,806	+66,537	$319,443,101	+16.4%	7	unpriced	8.18%
BSV	VANGUARD SHORT-TERM BOND INDEX FUND	Added	3,979,162	+75,129	$310,016,511	+1.3%	26+	before history	7.93%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Reduced	817,971	-8,629	$302,681,988	+14.1%	26+	before history	7.75%
VEU	Vanguard International Equity Index Funds	Reduced	3,294,439	-21,265	$275,909,266	+10.8%	26+	before history	7.06%
VOO	VANGUARD 500 INDEX FUND	Reduced	380,227	-5,663	$261,143,705	+13.3%	7	unpriced	6.68%
SCHP	Schwab U.S. TIPS ETF	Added	9,439,565	+531,716	$250,148,472	+5.5%	19	unpriced	6.40%
BNDX	Vanguard Total International Bond ETF	Added	4,815,071	+106,727	$233,193,888	+3.1%	26+	before history	5.97%
BLV	VANGUARD LONG-TERM BOND INDEX FUND	Added	2,750,787	+123,593	$189,611,747	+4.9%	26+	before history	4.85%
VEA	Vanguard FTSE Developed Markets ETF	Reduced	2,629,796	-23,812	$187,372,965	+10.2%	26+	before history	4.80%
VMBS	VANGUARD MORTGAGE-BACKED SECURITIES INDEX FUND	Added	3,880,622	+89,304	$181,651,915	+2.1%	26+	before history	4.65%
BIV	Vanguard Bond Index Funds	Added	2,251,874	+65,981	$172,718,735	+2.4%	26+	before history	4.42%
VTHR	VANGUARD RUSSELL 3000 INDEX FUND	Reduced	458,185	-4,456	$151,856,254	+14.1%	7	$261.95	3.89%
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	NEW	2,244,009	NEW	$133,944,897	NEW	1	$58.77	3.43%
IEMG	iShares Trust	Reduced	1,521,016	-115,803	$126,000,965	—	26+	before history	3.22%
VXUS	Vanguard Total International Stock ETF	Reduced	1,439,435	-9,624	$123,057,298	+10.1%	5	$65.21	3.15%
VGK	VANGUARD EUROPEAN STOCK INDEX FUND	Added	1,370,143	+36,184	$121,312,461	+10.3%	26+	before history	3.10%
VB	Vanguard Index Funds	Added	293,140	+8,822	$88,856,596	+19.3%	7	unpriced	2.27%
VPL	VANGUARD PACIFIC STOCK INDEX FUND	Reduced	740,397	-33,446	$85,656,528	+13.3%	26+	before history	2.19%
		Added	170,932	+2,122	$42,085,167	+21.1%	7	$192.86	1.08%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.