Lincoln National (NYSE: LNC) reports $3.51B in 13F holdings

Rhea-AI Filing Summary

Lincoln National Corp filed a Form 13F reporting 20 holdings with an aggregate market value of $3,506,686,851.

The filing lists one other included manager, Lincoln Financial Investments Corp, and the report was signed by Paul Chryssikos on 11-06-2025.

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: 09-30-2025

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):
SEC File 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:		Paul Chryssikos
Title:		Senior Vice President; Chief Legal Officer
Phone:		484-583-1404
Signature, Place, and Date of Signing:
/s/Paul Chryssikos			Radnor, PA	11-06-2025
[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:		1
	Form 13F Information Table Entry Total:		20
	Form 13F Information Table Value Total:		3,506,686,851
			(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	0001464867

FAQ

What does Lincoln National's (LNC) Form 13F report show?

The Form 13F shows 20 holdings with a combined market value of $3,506,686,851. It lists one included manager, Lincoln Financial Investments Corp, and the report is signed on 11-06-2025 by the company representative.

Who signed the Lincoln National (LNC) Form 13F and when?

Paul Chryssikos, Senior Vice President and Chief Legal Officer, signed the Form 13F on 11-06-2025. The signature certifies that the reporting manager authorized the submission and attested the filing’s completeness and accuracy.

How many other included managers are listed in LNC's 13F filing?

The filing lists one other included manager: Lincoln Financial Investments Corp (Form 13F File No. 028-15854). That manager is named on the report’s list of other included managers.

What is the total value reported on Lincoln National's (LNC) 13F summary page?

The Form 13F summary reports a total information table value of $3,506,686,851, rounded to the nearest dollar. The summary also shows an information table entry total of 20 holdings.