Lincoln National Corporation
US ˙ NYSE ˙ US5341871094

SecurityLNC / Lincoln National Corporation
InstitutionSei Investments Co
Latest Disclosed Ownership477,283 shares
Latest Disclosed Value $ 21,253,607
Sei Investments Co reports 8.44% increase in ownership of LNC / Lincoln National Corporation

On February 13, 2026 - Sei Investments Co filed a 13F-HR form disclosing ownership of 477,283 shares of Lincoln National Corporation (US:LNC) valued at $21,253,412 USD as of December 31, 2025. The entity filed a previous 13F-HR on November 13, 2025 disclosing 440,137 shares of Lincoln National Corporation. This represents a change in shares of 8.44% during the quarter. The current value of the position is $16,580,811 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-02-13 2025-12-31 13F LINCOLN NATL CORP IND COM 534187109 477,283 37,146 8.44 21,254 19.75 0.0210
2025-11-13 2025-09-30 13F LINCOLN NATL CORP IND COM 534187109 440,137 50,771 13.04 17,748 31.74 0.0191
2025-08-14 2025-06-30 13F LINCOLN NATL CORP IND COM 534187109 389,366 282,932 265.83 13,472 252.39 0.0156
2025-05-14 2025-03-31 13F/A-1 LINCOLN NATL CORP IND COM 534187109 106,434 -49,669 -31.82 3,823 -22.77 0.0049
2025-05-13 2025-03-31 13F LINCOLN NATL CORP IND COM 534187109 108,634 -47,469 3,662 0.0040
2025-02-11 2024-12-31 13F LINCOLN NATL CORP IND COM 534187109 156,103 -125 -0.08 4,950 0.57 0.0064
2024-11-12 2024-09-30 13F LINCOLN NATL CORP IND COM 534187109 156,228 58,348 59.61 4,923 61.70 0.0064
2024-08-13 2024-06-30 13F LINCOLN NATL CORP IND COM 534187109 97,880 -2,018 -2.02 3,045 -4.58 0.0043
2024-05-07 2024-03-31 13F LINCOLN NATL CORP IND COM 534187109 99,898 -17,606 -14.98 3,190 0.66 0.0047
2024-02-14 2023-12-31 13F LINCOLN NATL CORP IND COM 534187109 117,504 46,988 66.63 3,169 82.02 0.0051
2023-11-14 2023-09-30 13F LINCOLN NATL CORP IND COM 534187109 70,516 13,618 23.93 1,741 18.84 0.0031
2023-08-11 2023-06-30 13F LINCOLN NATL CORP IND COM 534187109 56,898 8,112 16.63 1,465 33.79 0.0026
2023-05-12 2023-03-31 13F LINCOLN NATL CORP IND COM 534187109 48,786 1,141 2.39 1,095 -25.20 0.0020
2023-02-10 2022-12-31 13F LINCOLN NATL CORP IND COM 534187109 47,645 -10,087 -17.47 1,464 -42.25 0.0033
2022-11-14 2022-09-30 13F LINCOLN NATL CORP IND COM 534187109 57,732 -31,136 -35.04 2,535 -38.68 0.0057
2022-08-15 2022-06-30 13F LINCOLN NATL CORP IND COM 534187109 88,868 22,499 33.90 4,134 -5.40 0.0089
2022-05-13 2022-03-31 13F LINCOLN NATL CORP IND COM 534187109 66,369 8,247 14.19 4,370 9.63 0.0088
2022-02-14 2021-12-31 13F LINCOLN NATL CORP IND COM 534187109 58,122 6,118 11.76 3,986 10.69 0.0075
2021-11-12 2021-09-30 13F LINCOLN NATL CORP IND COM 534187109 52,004 -29,844 -36.46 3,601 -30.91 0.0076
2021-08-06 2021-06-30 13F LINCOLN NATL CORP IND COM 534187109 81,848 -35,328 -30.15 5,212 -27.39 0.0116
2021-05-12 2021-03-31 13F LINCOLN NATL CORP IND COM 534187109 117,176 63,704 119.14 7,178 162.26 0.0181
2021-02-08 2020-12-31 13F LINCOLN NATL CORP IND COM 534187109 53,472 -4,499 -7.76 2,737 56.76 0.0071
2020-12-04 2020-09-30 13F/A-1 LINCOLN NATL CORP IND COM 534187109 57,971 -4,452 -7.13 1,746 -21.70 0.0051
2020-11-06 2020-09-30 13F LINCOLN NATL CORP IND COM 534187109 67,902 5,479 2,057 4,952.7986
2020-08-17 2020-06-30 13F/A-1 LINCOLN NATL CORP IND COM 534187109 62,423 10,673 20.62 2,230 78.12 0.0069
2020-08-11 2020-06-30 13F LINCOLN NATL CORP IND COM 534187109 28,696 -23,054 1,024 2,777.6545
2020-05-14 2020-03-31 13F LINCOLN NATL CORP IND COM 534187109 51,750 26,118 101.90 1,252 -20.00 0.0046
2020-02-06 2019-12-31 13F LINCOLN NATL CORP IND COM 534187109 25,632 -11,614 -31.18 1,565 -31.63 0.0047
2019-11-12 2019-09-30 13F LINCOLN NATL CORP IND COM 534187109 37,246 2,146 6.11 2,289 -1.80 0.0059
2019-08-14 2019-06-30 13F LINCOLN NATL CORP IND COM 534187109 35,100 -2,467 -6.57 2,331 2.73 0.0076
2019-05-15 2019-03-31 13F LINCOLN NATL CORP IND COM 534187109 37,567 13,621 56.88 2,269 72.68 0.0076
2019-02-13 2018-12-31 13F LINCOLN NATL CORP IND COM 534187109 23,946 -32,195 -57.35 1,314 -65.66 0.0047
2018-11-08 2018-09-30 13F LINCOLN NATL CORP IND COM 534187109 56,141 -26,523 -32.09 3,826 -25.67 0.0139
2018-08-03 2018-06-30 13F LINCOLN NATL CORP IND COM 534187109 82,664 7,977 10.68 5,147 -5.68 0.0175
2018-05-11 2018-03-31 13F LINCOLN NATL CORP IND COM 534187109 74,687 14,394 23.87 5,457 17.76 0.0209
2018-02-08 2017-12-31 13F LINCOLN NATL CORP IND COM 534187109 60,293 -8,311 -12.11 4,634 -8.07 0.0161
2017-11-06 2017-09-30 13F LINCOLN NATL CORP IND COM 534187109 68,604 10,626 18.33 5,041 28.63 0.0179
2017-07-31 2017-06-30 13F LINCOLN NATL CORP IND COM 534187109 57,978 -90,585 -60.97 3,919 -59.70 0.0156
2017-05-05 2017-03-31 13F LINCOLN NATL CORP IND COM 534187109 148,563 19,798 15.38 9,724 13.94 0.0426
2017-02-02 2016-12-31 13F LINCOLN NATL CORP IND COM 534187109 128,765 43,563 51.13 8,534 113.19 0.0413
2016-11-04 2016-09-30 13F LINCOLN NATL CORP IND COM 534187109 85,202 68,484 409.64 4,003 518.70 0.0203
2016-08-11 2016-06-30 13F LINCOLN NATL CORP IND COM 534187109 16,718 -1,947 -10.43 647 -11.61 0.0039
2016-05-10 2016-03-31 13F/A-1 LINCOLN NATL CORP IND COM 534187109 18,665 -4,700 -20.12 732 -37.65 0.0046
2016-02-03 2015-12-31 13F LINCOLN NATL CORP IND COM 534187109 23,365 592 2.60 1,174 8.60 0.0072
2015-11-02 2015-09-30 13F/A-1 LINCOLN NATL CORP IND COM 534187109 22,773 11,010 93.60 1,081 55.32 0.0099
2015-10-30 2015-09-30 13F LINCOLN NATL CORP IND COM 534187109 22,773 1,081
2015-08-07 2015-06-30 13F/A-1 LINCOLN NATL CORP IND COM 534187109 11,763 2,664 29.28 696 33.33 0.0063
2015-08-04 2015-06-30 13F LINCOLN NATL CORP IND COM 534187109 11,763 2,664 696 0.0063
2015-05-14 2015-03-31 13F/A-1 LINCOLN NATL CORP IND COM 534187109 9,099 5,817 177.24 522 176.19 0.0045
2015-05-01 2015-03-31 13F LIME ENERGY COM PAR $0.0001 534187109 9,099 522
2015-02-10 2014-12-31 13F LINCOLN NATL CORP IND COM 534187109 3,282 3,282 189 0.0017
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.