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LINCOLN NATL CORP
LINCOLN NATL CORP. Institutional holdings reported to the SEC.

Institutional Holders (2015Q4)
Portfolio Summary: 597 Institutional holders with a total value of $9,899,979,738.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 VANGUARD GROUP INC 20,606,885 1,035,702,000 10.46%
2 STATE STREET CORP 10,647,476 535,140,000 5.41%
3 GOLDMAN SACHS GROUP INC 9,428,512 473,878,000 4.79%
4 FMR LLC 8,747,445 439,648,000 4.44%
5 BlackRock Institutional Trust Company, N.A. 7,758,802 389,957,000 3.94%
6 Neuberger Berman Group LLC 6,202,708 311,749,000 3.15%
7 LSV ASSET MANAGEMENT 5,008,991 251,751,000 2.54%
8 RR PARTNERS LP 4,188,754 210,527,000 2.13%
9 BlackRock Fund Advisors 4,019,943 202,042,000 2.04%
10 NORTHERN TRUST CORP 3,389,844 170,373,000 1.72%
11 PRUDENTIAL PLC 3,138,300 157,731,000 1.59%
12 WEDGE CAPITAL MANAGEMENT L L P/NC 2,971,818 149,364,000 1.51%
13 BlackRock Group LTD 2,743,636 137,897,000 1.39%
14 Bank of New York Mellon Corp 2,620,443 131,703,000 1.33%
15 DIMENSIONAL FUND ADVISORS LP 2,609,681 131,171,000 1.32%
16 PNC FINANCIAL SERVICES GROUP, INC. 2,583,571 129,849,000 1.31%
17 AQR CAPITAL MANAGEMENT LLC 2,455,942 123,436,000 1.25%
18 BANK OF AMERICA CORP /DE/ 2,394,279 120,335,000 1.22%
19 AJO, LP 2,362,561 118,742,000 1.20%
20 BANK OF MONTREAL /CAN/ 2,236,419 112,401,000 1.14%
21 Invesco Ltd. 2,214,883 111,320,000 1.12%
22 GEODE CAPITAL MANAGEMENT, LLC 2,117,401 106,214,000 1.07%
23 BLACKROCK ADVISORS LLC 1,945,960 97,804,000 0.99%
24 Cornerstone Investment Partners, LLC 1,895,532 95,269,000 0.96%
25 WELLS FARGO & COMPANY/MN 1,854,434 93,205,000 0.94%
26 Sterling Capital Management LLC 1,646,699 82,763,000 0.84%
27 JPMORGAN CHASE & CO 1,608,974 80,866,000 0.82%
28 AMERIPRISE FINANCIAL INC 1,587,742 79,801,000 0.81%
29 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 1,526,954 76,745,000 0.78%
30 AMUNDI ASSET MANAGEMENT US, INC. 1,476,047 74,186,000 0.75%
31 MILLENNIUM MANAGEMENT LLC 1,456,385 73,198,000 0.74%
32 MORGAN STANLEY 1,426,082 71,674,000 0.72%
33 WINTON GROUP Ltd 1,414,457 71,091,000 0.72%
34 BlackRock Investment Management, LLC 1,375,813 69,148,000 0.70%
35 NORGES BANK 1,281,326 64,400,000 0.65%
36 State of New Jersey Common Pension Fund D 1,279,000 64,283,000 0.65%
37 Allianz Asset Management GmbH 1,251,460 63,225,000 0.64%
38 Numeric Investors LLC 1,179,225 59,268,000 0.60%
39 SCHRODER INVESTMENT MANAGEMENT GROUP 1,178,675 59,240,000 0.60%
40 Legal & General Group Plc 1,163,318 58,473,000 0.59%
41 GENERAL ELECTRIC CO 1,117,253 56,153,000 0.57%
42 TIAA CREF INVESTMENT MANAGEMENT LLC 1,112,531 55,916,000 0.56%
43 Sanders Capital, LLC 1,006,846 50,604,000 0.51%
44 PRUDENTIAL FINANCIAL INC 1,002,290 50,375,000 0.51%
45 CITADEL ADVISORS LLC 1,000,077 50,264,000 0.51%
46 VOYA INVESTMENT MANAGEMENT LLC 996,331 50,076,000 0.51%
47 ARGENT CAPITAL MANAGEMENT LLC 985,582 49,535,000 0.50%
48 Poplar Forest Capital LLC 955,219 48,009,000 0.48%
49 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 941,975 47,343,000 0.48%
50 ROYAL BANK OF CANADA 821,005 41,265,000 0.42%
Page 1 of 12

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.