Free · no sign-up · Q2 2026

Which funds own LNC

Lincoln Natl Corp Ind in the Q2 2026 filings. At least 1 of the 91 current managers on file reported a position, worth $25m between them. It is among the largest positions of fewer than a fifth of the current managers on file. Buying and selling roughly cancelled this quarter, which is what a name looks like when the argument is still live.

Managers holding: 1; at least, of 91 current
Combined value: $25m; as reported
Opened: 0; new this quarter
Added to: 1; already held
Trimmed or sold out: 2; 2 sold out entirely

Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.

Managers reporting a position

Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.

Manager	Value	Weight	Shares	Change on the quarter	Action
Hudson Bay Capital Management LP Multi-strategy · $36.8bn book	$25m	0.1%	694,014	+$7.2m+206,859	Added

Sold out of this quarter

Valued at what the position was worth in the previous filing, because by this one it is gone.

Brevan Howard Capital Management LP · Macro$4.7m held before
Soros Fund Management LLC · Macro$300k held before

Ownership through time

At least 11 of the 95 managers whose filings are on file listed LNC in Q2 2026, against 11 in Q2 2013. The same number as in Q1 2026: 1 started a position; 1 listed it again; 1 sold out, by its own filing; 1 no longer listed it among the positions read, which can mean a holding below the listed range, a filing that reported no holdings, or a filing not yet made.

Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.

Managers on file listing it

Their combined reported value

Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.

Started in Q2 2026

PDT Partners LLC$1.1m

Largest increases, by shares

MFS Investment Management5,881,332 to 6,373,067 shares+$17m
Schonfeld Strategic Advisors LLC253,555 to 501,786 shares+$8.8m
Hudson Bay Capital Management LP487,155 to 694,014 shares+$7.3m
PDT Partners LLCnew: 31,999 shares+$1.1m
Caxton Associates LLP42,696 to 56,112 shares+$474k

Largest decreases, by shares

Balyasny Asset Management LLC2,085,619 to 1,383,992 shares-$25m
Freestone Grove Partners LP275,629 to 78,262 shares-$7.0m
First Eagle Investment Management LLC428,310 to 348,750 shares-$2.8m
Bridgewater Associates LP225,339 to 160,168 shares-$2.3m
Winton Group Ltd80,791 to 56,998 shares-$841k

Left it

Soros Fund Management LLCwas $259k

Manager	First listed	Largest	Q2 2026
MFS Investment Management	Q2 2013	$262m	$227m
Arrowstreet Capital LP	Q1 2017	$180m	$68m
Balyasny Asset Management LLC	Q1 2016	$87m	$49m
Hudson Bay Capital Management LP	Q1 2014	$25m	$25m
Schonfeld Strategic Advisors LLC	Q1 2019	$52m	$18m
First Eagle Investment Management LLC	Q4 2023	$19m	$12m
Bridgewater Associates LP	Q2 2013	$34m	$5.7m
Freestone Grove Partners LP	Q3 2025	$16m	$2.8m
Winton Group Ltd	Q2 2014	$71m	$2.0m
Caxton Associates LLP	Q1 2017	$10m	$2.0m
PDT Partners LLC	Q3 2013	$6.0m	$1.1m
Fidelity (FMR LLC)	Q2 2013	$543m	last listed Q1 2021
Neuberger Berman Group LLC	Q2 2013	$525m	last listed Q3 2021
AllianceBernstein LP	Q3 2013	$520m	last listed Q4 2014
Dodge & Cox	Q1 2020	$363m	last listed Q1 2024
T. Rowe Price Associates Inc	Q2 2013	$299m	last listed Q4 2025
Invesco Ltd	Q2 2013	$298m	last listed Q2 2023
Viking Global Investors LP	Q1 2017	$292m	last listed Q3 2018
AQR Capital Management LLC	Q2 2013	$252m	last listed Q1 2025
Citadel Advisors LLC	Q4 2015	$219m	last listed Q4 2019
Acadian Asset Management LLC	Q2 2014	$163m	last listed Q4 2020

What LNC is worth

Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.

Build the comp set around LNC →

How much of the picture this is

A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.

What to do with a name the funds are buying

Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.

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The holdings, every quarter, and the week between

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