Cliff Asness's LNC Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 819,015 shares of Lincoln National Corporation (LNC) worth $33.03 M, representing 0.02% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 52 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in LNC, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2015, adding 1.17 M shares. Largest reduction occurred in Q3 2018, reducing 1.69 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Lincoln National Corporation (LNC) Holding Value Over Time
Track share changes against reported price movement
Quarterly Lincoln National Corporation (LNC) Trades by Cliff Asness
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2012 | +1.87 M | Add 0.00% | 1.87 M | $25.90 |
| Q2 2013 | +1.17 M | Add 0.00% | 1.17 M | $36.47 |
| Q3 2013 | -321,207 | Reduce 27.41% | 850,855 | $41.99 |
| Q4 2013 | -322,061 | Reduce 37.85% | 528,794 | $51.62 |
| Q1 2014 | -196,105 | Reduce 37.09% | 332,689 | $50.67 |
| Q2 2014 | +146,100 | Add 43.91% | 478,789 | $51.44 |
| Q3 2014 | -81,500 | Reduce 17.02% | 397,289 | $53.58 |
| Q4 2014 | +254,311 | Add 64.01% | 651,600 | $57.67 |
| Q1 2015 | +122,292 | Add 18.77% | 773,892 | $57.46 |
| Q2 2015 | +1.17 M | Add 150.58% | 1.94 M | $59.22 |
| Q3 2015 | +451,092 | Add 23.26% | 2.39 M | $47.46 |
| Q4 2015 | +65,614 | Add 2.74% | 2.46 M | $50.26 |
| Q1 2016 | -134,376 | Reduce 5.47% | 2.32 M | $39.20 |
| Q2 2016 | -27,464 | Reduce 1.18% | 2.29 M | $38.77 |
| Q3 2016 | +621,138 | Add 27.08% | 2.92 M | $46.98 |
| Q4 2016 | +431,261 | Add 14.79% | 3.35 M | $66.27 |
| Q1 2017 | -395,611 | Reduce 11.82% | 2.95 M | $65.45 |
| Q2 2017 | -1.23 M | Reduce 41.82% | 1.72 M | $67.58 |
| Q3 2017 | +928,119 | Add 54.06% | 2.64 M | $73.74 |
| Q4 2017 | +636,537 | Add 24.07% | 3.28 M | $76.87 |
| Q1 2018 | -247,177 | Reduce 7.53% | 3.03 M | $73.06 |
| Q2 2018 | -347,055 | Reduce 11.44% | 2.69 M | $62.69 |
| Q3 2018 | -1.69 M | Reduce 62.74% | 1 M | $67.66 |
| Q4 2018 | +556,379 | Add 55.57% | 1.56 M | $51.31 |
| Q1 2019 | -678,592 | Reduce 43.56% | 879,070 | $58.67 |
| Q2 2019 | +853,975 | Add 97.15% | 1.73 M | $63.84 |
| Q3 2019 | +675,385 | Add 38.97% | 2.41 M | $60.32 |
| Q4 2019 | -813,214 | Reduce 33.77% | 1.6 M | $59.00 |
| Q1 2020 | -1.03 M | Reduce 64.60% | 564,723 | $26.32 |
| Q2 2020 | -532,060 | Reduce 94.22% | 32,663 | $35.61 |
| Q3 2020 | -3,133 | Reduce 9.59% | 29,530 | $31.26 |
| Q4 2020 | +50,760 | Add 171.89% | 80,290 | $49.61 |
| Q1 2021 | -29,888 | Reduce 37.23% | 50,402 | $62.28 |
| Q2 2021 | +43,061 | Add 85.44% | 93,463 | $62.14 |
| Q3 2021 | +112,402 | Add 120.26% | 205,865 | $68.75 |
| Q4 2021 | -28,117 | Reduce 13.66% | 177,748 | $68.26 |
| Q1 2022 | +278,956 | Add 156.94% | 456,704 | $65.36 |
| Q2 2022 | +1.11 M | Add 243.53% | 1.57 M | $45.50 |
| Q3 2022 | -11,902 | Reduce 0.76% | 1.56 M | $43.91 |
| Q4 2022 | -305,278 | Reduce 19.61% | 1.25 M | $30.49 |
| Q1 2023 | -577,369 | Reduce 46.13% | 674,370 | $21.93 |
| Q2 2023 | -99,150 | Reduce 14.70% | 575,220 | $25.70 |
| Q3 2023 | +281,609 | Add 48.96% | 856,829 | $24.69 |
| Q4 2023 | +486,186 | Add 56.74% | 1.34 M | $26.97 |
| Q1 2024 | +95,897 | Add 7.14% | 1.44 M | $31.93 |
| Q2 2024 | +711,951 | Add 49.48% | 2.15 M | $31.10 |
| Q3 2024 | -683,353 | Reduce 31.77% | 1.47 M | $31.04 |
| Q4 2024 | -360,807 | Reduce 24.59% | 1.11 M | $31.71 |
| Q1 2025 | +935,225 | Add 84.51% | 2.04 M | $35.28 |
| Q2 2025 | -987,819 | Reduce 48.38% | 1.05 M | $34.60 |
| Q3 2025 | -235,094 | Reduce 22.30% | 819,015 | $40.33 |
Cliff Asness's Lincoln National Corporation Investment FAQs
Cliff Asness first purchased Lincoln National Corporation (LNC) in Q4 2012, acquiring 1,874,700 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held Lincoln National Corporation (LNC) for 52 quarters since Q4 2012. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's largest addition to Lincoln National Corporation (LNC) was in Q4 2012, adding 1,874,700 shares worth $48.56 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 819,015 shares of Lincoln National Corporation (LNC), valued at approximately $33.03 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Lincoln National Corporation (LNC) represents approximately 0.02% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's peak holding in Lincoln National Corporation (LNC) was 3,346,501 shares, as reported at the end of Q4 2016. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.