Lincoln National Discloses $5.69B in Q4 2023 Equity Holdings

TL;DR

**Lincoln National's Q4 2023 13F shows a $5.69 billion equity portfolio, giving a peek into their investment strategy.**

AI Summary

Lincoln National Corp, a life insurance company, filed its 13F-HR on February 6, 2024, detailing its equity holdings as of December 31, 2023. The filing shows a total managed value of $5.69 billion across 1,919 holdings. Notably, the company held 150,208 shares of 10X Genomics Inc Class A Common Stock valued at $8.4 million and 10,848 shares of 3M Co Common Stock valued at $1.18 million. This matters to investors as it provides transparency into Lincoln National's investment strategy and the composition of its managed assets, which can influence its financial stability and future performance.

Why It Matters

This filing reveals Lincoln National's investment portfolio, offering insight into how the company is managing its assets and potentially generating returns, which directly impacts its financial health and shareholder value.

Risk Assessment

Risk Level: low — A 13F-HR filing is a routine disclosure of holdings and does not inherently indicate high risk, but rather provides transparency.

Analyst Insight

Investors should review the detailed holdings to understand Lincoln National's asset allocation and identify any significant changes in its investment strategy, which could impact its financial performance and stability.

Key Numbers

• $5.69B — Total Managed Investments (Represents the aggregate market value of all securities managed by Lincoln National Corp as of December 31, 2023.)
• 1,919 — Number of Holdings (Indicates the diversification of Lincoln National Corp's investment portfolio across various securities.)
• 150,208 — Shares of 10X Genomics Inc CL A COM (A specific equity position held by Lincoln National Corp, valued at $8,405,640.)
• 10,848 — Shares of 3M CO COM (Another specific equity position held by Lincoln National Corp, valued at $1,185,864.)
• 20231231 — Conformed Period of Report (The date to which the reported holdings apply, providing a snapshot of the portfolio at year-end.)

Key Players & Entities

• LINCOLN NATIONAL CORP (company) — filer of the 13F-HR
• Ronald A. Holinsky (person) — Senior Vice President; Chief Legal Officer who signed the filing
• $5,690,631,680 (dollar_amount) — total value of managed investments as of December 31, 2023
• 10X GENOMICS INC CL A COM (company) — a significant holding in the portfolio
• 3M CO COM (company) — another notable holding in the portfolio

Forward-Looking Statements

• Lincoln National Corp will continue to maintain a diversified portfolio, consistent with its role as a life insurance company managing significant assets. (LINCOLN NATIONAL CORP) — high confidence, target: 2024-12-31
• The company's investment strategy will likely continue to favor established companies, given the presence of holdings like 3M Co and Abbott Labs. (LINCOLN NATIONAL CORP) — medium confidence, target: 2024-12-31

FAQ

Filing Documents

• primary_doc.html (13F-HR)
• primary_doc.xml (13F-HR) — 3KB
• infotable.html (INFORMATION TABLE)
• infotable.xml (INFORMATION TABLE) — 1212KB
• 0001085146-24-000777.txt ( ) — 1216KB

From the Filing

SEC FORM 13F-HR The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. The reader should not assume that the information is accurate and complete. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE OMB APPROVAL OMB Number: 3235-0006 Estimated average burden hours per response: 23.8 Report for the Calendar Year or Quarter Ended: 12-31-2023 Check here if Amendment    Amendment Number: This Amendment (Check only one.):    is a restatement.    adds new holdings entries. Institutional Investment Manager Filing this Report: Name: LINCOLN NATIONAL CORP Address: 150 N RADNOR CHESTER RD RADNOR , PA   19087 Form 13F File Number: 028-00625 CRD Number (if applicable): The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Ronald A. Holinsky Title: Senior Vice President; Chief Legal Officer Phone: 484-583-6302 Signature, Place, and Date of Signing: /s/ Ronald A. Holinsky Radnor ,  PA 02-06-2024 [Signature] [City, State] [Date] Report Type (Check only one.): X 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)    13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)    13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) Form 13F Summary Page Report Summary: Number of Other Included Managers: 3 Form 13F Information Table Entry Total: 1,919 Form 13F Information Table Value Total: 5,690,631,680 (round to nearest dollar) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state “NONE” and omit the column headings and list entries.] No. Name Form 13F File No. CRD No. (if applicable) SEC File No. (if applicable) CIK 1 Lincoln Financial Investments Corp 028-15854 000108881 801-23411 2 LINCOLN FINANCIAL ADVISORS CORPORATION 028-17547 000003978 801-42530 3 LINCOLN FINANCIAL SECURITIES CORPORATION 028-17548 000003870 801-23151

View Full Filing

View this 13F-HR filing on SEC EDGAR