Lincoln National Corp Portfolio Analysis: Q2 2026 Investment Trends
Lincoln National Corp's portfolio, valued at $3.9 billion as of June 2026, shows significant increases in Vanguard-focused ETFs and other holdings.
As of June 30, 2026, Lincoln National Corp maintains a substantial portfolio worth approximately $3.9 billion. This comprehensive review focuses on observable changes during the most recent quarter based on available data.
The insurer's top holdings by allocation percentage include several Vanguard funds and one Schwab fund:
- VUG (8.98%) - The largest position, which saw a massive increase in shares.
- BLV (4.85%)
- VTV (8.18%)
- BNDX (5.97%)
- SCHP (6.4%)
- VBLX (5.97%)
- VDE (4.65%)
- VUG (8.98%) - Reiterated as largest position.
- VTV (8.18%) - Reiterated as second-largest position.
- BNDX (5.97%) - Reiterated, showing continued presence.
The most significant change during this quarter was the substantial increase in shares of VUG. Lincoln National Corp added over 3.3 million additional shares, representing a staggering 466% increase from the previous period.
Several other holdings also showed notable increases:
- SCHP: Increased by approximately 0.59% in shares.
- BLV: Added around 123,600 shares (4.7%).
- VTV: Increased by about 665,370 shares (4.76%).
- BNDX: Added roughly 106,727 shares (2.27%).
- VMBS: Increased by approximately 89,304 shares (2.36%).
- BIV: Added around 65,981 shares (3.02%), though its allocation percentage is lower.
- VGK: Increased by about 36,184 shares (2.71%).
- IEMG: Decreased slightly in allocation percentage.
- VPL: Decreased by about 4.32% in shares, though its overall impact is minimal due to low allocation.
- VWO: Increased slightly but not significantly for its position size.
Lincoln National Corp appears to be actively investing in a diverse range of Vanguard and Schwab funds, with a particular emphasis on growth-oriented ETFs like VUG. The significant increase in VUG suggests strong confidence in the U.S. growth market index fund during this period.
The portfolio's top five holdings account for approximately 39.89% combined allocation (VUG at 8.98%, SCHP at 6.4%, BLV at 4.85%, BNDX at 5.97%, and VTV at 8.18%). This concentration, while significant, is distributed across multiple Vanguard products.
For a detailed view of Lincoln National Corp's holdings and their performance, visit the official filing page: Lincoln National Corp filings.