Advisory Services Network, LLC reports 8.33% increase in ownership of LNC / Lincoln National Corporation

링컨 내셔널 코퍼레이션

US ˙ NYSE ˙ US5341871094

Security	LNC / Lincoln National Corporation
Institution	Advisory Services Network, LLC
Latest Disclosed Ownership	39,494 shares
Latest Disclosed Value	$ 1,402,038

On May 15, 2026 - Advisory Services Network, LLC filed a 13F-HR form disclosing ownership of 39,494 shares of Lincoln National Corporation (US:LNC) valued at $1,402,037 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 17, 2026 disclosing 36,456 shares of Lincoln National Corporation. This represents a change in shares of 8.33% during the quarter. The current value of the position is $1,372,022 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	Reported Shares	ΔShares	ΔShares (%)	Reported Value (x1000)	ΔValue (%)	Alloc (%)
2026-05-15	2026-03-31	13F	LINCOLN NATIONAL	Stock	534187109	39,494	3,038	8.33	1,402	-13.62	0.0130
2026-02-17	2025-12-31	13F	LINCOLN NATIONAL	Stock	534187109	36,456	-36,150	-49.79	1,623	-44.57	0.0230
2025-11-18	2025-09-30	13F	LINCOLN NATL CORP IND	Stock	534187109	72,606	-1,065	-1.45	2,928	4.31	0.0429
2025-08-19	2025-06-30	13F	LINCOLN NATL CORP IND	Stock	534187109	73,671	3,003	4.25	2,808	10.64	0.0452
2025-05-15	2025-03-31	13F	LINCOLN NATL CORP IND	Stock	534187109	70,668	7,323	11.56	2,538	26.34	0.0488
2025-02-13	2024-12-31	13F	LINCOLN NATL CORP IND	Stock	534187109	63,345	-2,792	-4.22	2,009	-2.33	0.0374
2024-11-14	2024-09-30	13F	LINCOLN NATL CORP IND	Stock	534187109	66,137	0	0.00	2,057	0.00	0.0425
2024-08-13	2024-06-30	13F	LINCOLN NATL CORP IND	Stock	534187109	66,137	33,520	102.77	2,057	97.50	0.0425
2024-05-06	2024-03-31	13F	LINCOLN NATL CORP IND	Stock	534187109	32,617	663	2.07	1,041	20.91	0.0231
2024-02-09	2023-12-31	13F	LINCOLN NATL CORP IND	Stock	534187109	31,954	-1,327	-3.99	862	4.87	0.0211
2023-11-14	2023-09-30	13F	LINCOLN NATL CORP IND	Stock	534187109	33,281	2,011	6.43	822	1.99	0.0221
2023-08-09	2023-06-30	13F	LINCOLN NATL CORP IND	Stock	534187109	31,270	7,048	29.10	806	47.98	0.0215
2023-05-17	2023-03-31	13F	LINCOLN NATL CORP IND	Stock	534187109	24,222	7,581	45.56	544	6.46	0.0151
2023-02-13	2022-12-31	13F	LINCOLN NATL CORP IND	Stock	534187109	16,641	5,236	45.91	511	2.00	0.0157
2022-11-14	2022-09-30	13F	LINCOLN NATL CORP IND	Stock	534187109	11,405	824	7.79	501	1.21	0.0177
2022-08-02	2022-06-30	13F	LINCOLN NATL CORP IND	Stock	534187109	10,581	976	10.16	495	-21.18	0.0169
2022-05-23	2022-03-31	13F	LINCOLN NATL CORP IND	Stock	534187109	9,605	658	7.35	628	2.95	0.0185
2022-02-14	2021-12-31	13F	LINCOLN NATL CORP IND	Stock	534187109	8,947	-13,698	-60.49	610	-60.82	0.0175
2021-11-05	2021-09-30	13F	LINCOLN NATL CORP IND	Stock	534187109	22,645	-2,205	-8.87	1,557	-0.32	0.0495
2021-08-12	2021-06-30	13F	LINCOLN NATL CORP IND	Stock	534187109	24,850	8,470	51.71	1,562	53.14	0.0493
2021-05-24	2021-03-31	13F	LINCOLN NATL CORP IND	Stock	534187109	16,380	1,968	13.66	1,020	40.69	0.0379
2021-02-09	2020-12-31	13F	LINCOLN NATL CORP IND	Stock	534187109	14,412	-14,685	-50.47	725	-20.42	0.0291
2020-11-16	2020-09-30	13F	LINCOLN NATL CORP IND	Stock	534187109	29,097	6,542	29.00	911	9.63	0.0429
2020-08-10	2020-06-30	13F	LINCOLN NATIONAL	Stock	534187109	22,555	6,615	41.50	831	97.86	0.0456
2020-05-15	2020-03-31	13F	LINCOLN NATL CORP IND	Stock	534187109	15,940	9,259	138.59	420	6.60	0.0275
2020-02-04	2019-12-31	13F	LINCOLN NATL CORP IND	Stock	534187109	6,681	1,953	41.31	394	29.18	0.0207
2019-11-04	2019-09-30	13F	LINCOLN NATL CORP IND	Stock	534187109	4,728	0	0.00	305	0.00	0.0187
2019-08-01	2019-06-30	13F	LINCOLN NATL CORP IND	Stock	534187109	4,728	74	1.59	305	11.72	0.0187
2019-05-20	2019-03-31	13F	LINCOLN NATL CORP IND	Stock	534187109	4,654	87	1.90	273	16.17	0.0192
2019-02-15	2018-12-31	13F	LINCOLN NATL CORP IND	Stock	534187109	4,567	3,310	263.33	235	176.47	0.0205
2018-11-02	2018-09-30	13F	LINCOLN NATL CORP IND	Stock	534187109	1,257	752	148.91	85	150.00	0.0062
2018-07-27	2018-06-30	13F	LINCOLN NATL CORP IND	Stock	534187109	505	-608	-54.63	34	-58.02	0.0026
2018-04-23	2018-03-31	13F	LINCOLN NATL CORP IND	Stock	534187109	1,113	-30	-2.62	81	-7.95	0.0065
2018-02-08	2017-12-31	13F	LINCOLN NATL CORP IND	Stock	534187109	1,143	203	21.60	88	27.54	0.0077
2017-10-12	2017-09-30	13F	LINCOLN NATL CORP IND	Stock	534187109	940	2	0.21	69	9.52	0.0079
2017-08-17	2017-06-30	13F	LINCOLN NATL CORP IND COM	Stock	534187109	938	23	2.51	63	5.00	0.0082
2017-04-28	2017-03-31	13F	LINCOLN NATL CORP IND COM	Stock	534187109	915	187	25.69	60	76.47	0.0087
2016-10-07	2016-09-30	13F	LINCOLN NATL CORP IND	Stock	534187109	728	3	0.41	34	21.43	0.0064
2016-07-27	2016-06-30	13F	LINCOLN NATL CORP IND	Stock	534187109	725	24	3.42	28	3.70	0.0064
2016-04-21	2016-03-31	13F	LINCOLN NATL CORP IND	Stock	534187109	701	4	0.57	27	-22.86	0.0074
2016-01-27	2015-12-31	13F	LINCOLN NATL CORP IND COM	Stock	534187109	697	77	12.42	35	20.69	0.0113
2015-10-01	2015-09-30	13F	LINCOLN NATL CORP IND COM	Stock	534187109	620	546	737.84	29	625.00	0.0088
2015-07-02	2015-06-30	13F	LINCOLN NATL CORP IND COM	Stock	534187109	74	0	0.00	4	0.00	0.0012
2015-04-08	2015-03-31	13F	LINCOLN NATL CORP IND COM	Stock	534187109	74	0	0.00	4	0.00	0.0011
2015-01-23	2014-12-31	13F	LINCOLN NATIONAL CORP IND	Stock	534187109	74	-49	-39.84	4	-33.33	0.0013
2014-02-13	2013-12-31	13F	LINCOLN NATL CORP IND	Stock	534187109	123	123		6		0.0030

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.