# Lincoln National (LNC, LNC.WS): value investors who own it

2 value investors held Lincoln National in their Q3 2026 13F, led by Miller Value Partners, First Eagle Investment Management.

## 13F holders

| Manager | Portfolio | Value | Change | Quarters held |
| --- | --- | --- | --- | --- |
| Miller Value Partners | 5.0% | $21.3m | Added +5.7% | 10 |
| First Eagle Investment Management | 0.0% | $12.3m | Trimmed -19% | 11 |

## Directors buying and selling (Form 4, last 12 months)

| Date | Who | Role | Bought or sold | Shares | Value |
| --- | --- | --- | --- | --- | --- |
| 2026-08-17 | Woodroffe Sean | EVP, Ch Ppl Comms Ent Srvc Off | Sold | 11000 | $498k |
| 2026-08-12 | KELLY GARY C | Director | Sold | 15006.55 | $398k |

Source: SEC filings, via moatshark (https://www.moatshark.com/s/lnc). Values traded and returns are estimates. Not investment advice. Built 2026-10-21.