LINCOLN NATIONAL CORP

Filed: 2/9/2026ACC: 0000059558-26-000001

📋 What this filing means

LINCOLN NATIONAL CORP filed this quarterly 13F‑HR report disclosing 20 equity positions with a total reported market value of $3.42B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$3.42B

Total AUM (reported)

37.49M

Total Shares

Allocation by class

GROWTH ETF$325.00M9.5%

SHORT TRM BOND$303.67M8.9%

VALUE ETF$285.47M8.3%

TOTAL STK MKT$275.11M8.0%

ALLWRLD EX US$249.15M7.3%

S&P 500 ETF SHS$239.35M7.0%

TOTAL INT BD ETF$223.67M6.5%

Portfolio Concentration

Top 3$914.14M26.7%

4–10$1.51B44.2%

11–25$993.07M29.0%

Top 3 weight

26.7%

Top 10 weight

71.0%

Voting Authority Distribution

Total shares with voting rights: 37.49M

Sole

Full voting authority

37.49M

% of voting shares100.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole20

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings20

Rows:

VANGUARD INDEX FDS

SOLE

GROWTH ETF

Shares666.18K

TypeSH

Market value$325.00M

9.50%

Sole

666.18K

Shared

0.00

None

0.00

VANGUARD BD INDEX FDS

SOLE

SHORT TRM BOND

Shares3.85M

TypeSH

Market value$303.67M

8.88%

Sole

3.85M

Shared

0.00

None

0.00

VANGUARD INDEX FDS

SOLE

VALUE ETF

Shares1.49M

TypeSH

Market value$285.47M

8.35%

Sole

1.49M

Shared

0.00

None

0.00

VANGUARD INDEX FDS

SOLE

TOTAL STK MKT

Shares820.57K

TypeSH

Market value$275.11M

8.04%

Sole

820.57K

Shared

0.00

None

0.00

VANGUARD INTL EQUITY INDEX F

SOLE

ALLWRLD EX US

Shares3.39M

TypeSH

Market value$249.15M

7.28%

Sole

3.39M

Shared

0.00

None

0.00

VANGUARD INDEX FDS

SOLE

S&P 500 ETF SHS

Shares381.65K

TypeSH

Market value$239.35M

7.00%

Sole

381.65K

Shared

0.00

None

0.00

VANGUARD CHARLOTTE FDS

SOLE

TOTAL INT BD ETF

Shares4.63M

TypeSH

Market value$223.67M

6.54%

Sole

4.63M

Shared

0.00

None

0.00

VANGUARD BD INDEX FDS

SOLE

LONG TERM BOND

Shares2.56M

TypeSH

Market value$178.10M

5.21%

Sole

2.56M

Shared

0.00

None

0.00

VANGUARD SCOTTSDALE FDS

SOLE

MTG-BKD SECS ETF

Shares3.75M

TypeSH

Market value$176.58M

5.16%

Sole

3.75M

Shared

0.00

None

0.00

VANGUARD TAX-MANAGED FDS

SOLE

VAN FTSE DEV MKT

Shares2.75M

TypeSH

Market value$171.56M

5.02%

Sole

2.75M

Shared

0.00

None

0.00

VANGUARD BD INDEX FDS

SOLE

INTERMED TERM

Shares2.15M

TypeSH

Market value$167.60M

4.90%

Sole

2.15M

Shared

0.00

None

0.00

VANGUARD SCOTTSDALE FDS

SOLE

VNG RUS3000IDX

Shares457.96K

TypeSH

Market value$137.54M

4.02%

Sole

457.96K

Shared

0.00

None

0.00

VANGUARD INTL EQUITY INDEX F

SOLE

FTSE EMR MKT ETF

Shares2.21M

TypeSH

Market value$119.05M

3.48%

Sole

2.21M

Shared

0.00

None

0.00

VANGUARD INTL EQUITY INDEX F

SOLE

FTSE EUROPE ETF

Shares1.34M

TypeSH

Market value$111.80M

3.27%

Sole

1.34M

Shared

0.00

None

0.00

VANGUARD STAR FDS

SOLE

VG TL INTL STK F

Shares1.48M

TypeSH

Market value$111.66M

3.26%

Sole

1.48M

Shared

0.00

None

0.00

SCHWAB STRATEGIC TR

SOLE

US TIPS ETF

Shares3.18M

TypeSH

Market value$84.29M

2.46%

Sole

3.18M

Shared

0.00

None

0.00

VANGUARD INDEX FDS

SOLE

SMALL CP ETF

Shares301.69K

TypeSH

Market value$77.82M

2.27%

Sole

301.69K

Shared

0.00

None

0.00

VANGUARD INTL EQUITY INDEX F

SOLE

FTSE PACIFIC ETF

Shares838.21K

TypeSH

Market value$75.77M

2.22%

Sole

838.21K

Shared

0.00

None

0.00

ISHARES INC

SOLE

CORE MSCI EMKT

Shares1.07M

TypeSH

Market value$71.87M

2.10%

Sole

1.07M

Shared

0.00

None

0.00

VANGUARD INDEX FDS

SOLE

EXTEND MKT ETF

Shares170.60K

TypeSH

Market value$35.68M

1.04%

Sole

170.60K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
VANGUARD INDEX FDSSOLE	GROWTH ETF	666.18K	SH	$325.00M 9.50%	666.18K
VANGUARD BD INDEX FDSSOLE	SHORT TRM BOND	3.85M	SH	$303.67M 8.88%	3.85M
VANGUARD INDEX FDSSOLE	VALUE ETF	1.49M	SH	$285.47M 8.35%	1.49M
VANGUARD INDEX FDSSOLE	TOTAL STK MKT	820.57K	SH	$275.11M 8.04%	820.57K
VANGUARD INTL EQUITY INDEX FSOLE	ALLWRLD EX US	3.39M	SH	$249.15M 7.28%	3.39M
VANGUARD INDEX FDSSOLE	S&P 500 ETF SHS	381.65K	SH	$239.35M 7.00%	381.65K
VANGUARD CHARLOTTE FDSSOLE	TOTAL INT BD ETF	4.63M	SH	$223.67M 6.54%	4.63M
VANGUARD BD INDEX FDSSOLE	LONG TERM BOND	2.56M	SH	$178.10M 5.21%	2.56M
VANGUARD SCOTTSDALE FDSSOLE	MTG-BKD SECS ETF	3.75M	SH	$176.58M 5.16%	3.75M
VANGUARD TAX-MANAGED FDSSOLE	VAN FTSE DEV MKT	2.75M	SH	$171.56M 5.02%	2.75M
VANGUARD BD INDEX FDSSOLE	INTERMED TERM	2.15M	SH	$167.60M 4.90%	2.15M
VANGUARD SCOTTSDALE FDSSOLE	VNG RUS3000IDX	457.96K	SH	$137.54M 4.02%	457.96K
VANGUARD INTL EQUITY INDEX FSOLE	FTSE EMR MKT ETF	2.21M	SH	$119.05M 3.48%	2.21M
VANGUARD INTL EQUITY INDEX FSOLE	FTSE EUROPE ETF	1.34M	SH	$111.80M 3.27%	1.34M
VANGUARD STAR FDSSOLE	VG TL INTL STK F	1.48M	SH	$111.66M 3.26%	1.48M
SCHWAB STRATEGIC TRSOLE	US TIPS ETF	3.18M	SH	$84.29M 2.46%	3.18M
VANGUARD INDEX FDSSOLE	SMALL CP ETF	301.69K	SH	$77.82M 2.27%	301.69K
VANGUARD INTL EQUITY INDEX FSOLE	FTSE PACIFIC ETF	838.21K	SH	$75.77M 2.22%	838.21K
ISHARES INCSOLE	CORE MSCI EMKT	1.07M	SH	$71.87M 2.10%	1.07M
VANGUARD INDEX FDSSOLE	EXTEND MKT ETF	170.60K	SH	$35.68M 1.04%	170.60K