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Institutional Ownership · SEC Form 13F

Who owns Lincoln Educational Services (LINC)


Which tracked institutional funds hold LINC, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See LINC company fundamentals →

Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

216
Institutional holders
28M
Shares held (tracked funds)
90.1%
Of shares outstanding

How the tape is positioned

98 tracked funds added or opened LINC while 35 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.

A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.

Conviction spread

LINC’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes LINC more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in LINC divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.

Institutional & insider positioning

Between 2026-Q1 and 2026-Q2, across 216 tracked filers holding LINC, 144 increased or opened the position and 84 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.

This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.

New buyers & exits

Funds opening or closing a position in LINC between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.

New buyers 15

  • AXIOM INVESTORS LLC /DE$14M
  • J. Goldman & Co LP$9M
  • NEUBERGER BERMAN GROUP LLC$6M
  • Robeco Institutional Asset Management B.V.$4M
  • Swiss National Bank$3M
  • Polymer Capital Management (HK) LTD$2M

Full exits 14

  • Divisadero Street Capital Management, LP$34M
  • LORD, ABBETT & CO. LLC$25M
  • Point72 Asset Management, L.P.$19M
  • OBERWEIS ASSET MANAGEMENT INC/$8M
  • HRT FINANCIAL LP$7M
  • CITADEL ADVISORS LLC$7M

Largest adds

  • ALLIANCEBERNSTEIN L.P.$63M
  • BlackRock, Inc.$35M
  • PRUDENTIAL FINANCIAL INC$21M
  • Driehaus Capital Management LLC$20M
  • Qube Research & Technologies Ltd$16M
  • NEXT CENTURY GROWTH INVESTORS LLC$16M

Largest trims

  • MARSHALL WACE, LLP$13M
  • HEARTLAND ADVISORS INC$10M
  • Trexquant Investment LP$7M
  • Pullen Investment Management, LLC$5M
  • Manatuck Hill Partners, LLC$4M
  • WASATCH ADVISORS LP$4M

Institutional holders

One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).

FundSharesReported value% of valueQuarter
BlackRock, Inc. added2,483,081$124M8.1%2026-Q2
Juniper Investment Company, LLC trimmed1,732,966$86M5.7%2026-Q2
NEEDHAM INVESTMENT MANAGEMENT LLC added1,325,000$66M4.3%2026-Q2
ALLIANCEBERNSTEIN L.P. added1,562,856$64M4.2%2026-Q2
VANGUARD CAPITAL MANAGEMENT LLC added1,221,492$61M4.0%2026-Q2
NEXT CENTURY GROWTH INVESTORS LLC added1,175,462$59M3.8%2026-Q2
Driehaus Capital Management LLC added951,576$47M3.1%2026-Q2
GEODE CAPITAL MANAGEMENT, LLC added877,173$44M2.9%2026-Q2
AMERICAN CENTURY COMPANIES INC added814,084$41M2.7%2026-Q2
Alyeska Investment Group, L.P. trimmed730,658$36M2.4%2026-Q2
DIMENSIONAL FUND ADVISORS LP added696,256$35M2.3%2026-Q2
STATE STREET CORP added668,753$33M2.2%2026-Q2
First Eagle Investment Management, LLC trimmed615,530$31M2.0%2026-Q2
WASATCH ADVISORS LP trimmed547,975$27M1.8%2026-Q2
Nicholas Investment Partners, LP added531,935$27M1.7%2026-Q2
RBF Capital, LLC499,070$25M1.6%2026-Q2
ROYCE & ASSOCIATES LP added450,371$22M1.5%2026-Q2
GOLDMAN SACHS GROUP INC added437,748$22M1.4%2026-Q2
PRUDENTIAL FINANCIAL INC added428,360$21M1.4%2026-Q2
VANGUARD PORTFOLIO MANAGEMENT LLC added413,532$21M1.4%2026-Q2
TWO SIGMA INVESTMENTS, LP added379,909$19M1.2%2026-Q2
Qube Research & Technologies Ltd added365,452$18M1.2%2026-Q2
Pillsbury Lake Capital LLC trimmed356,187$18M1.2%2026-Q2
ESSEX INVESTMENT MANAGEMENT CO LLC trimmed340,366$17M1.1%2026-Q2
JPMORGAN CHASE & CO added308,949$15M1.0%2026-Q2
WELLINGTON MANAGEMENT GROUP LLP trimmed296,374$15M1.0%2026-Q2
NORTHERN TRUST CORP added281,847$14M0.9%2026-Q2
AXIOM INVESTORS LLC /DE new275,610$14M0.9%2026-Q2
Verition Fund Management LLC added265,288$13M0.9%2026-Q2
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added248,760$12M0.8%2026-Q2
PANAGORA ASSET MANAGEMENT INC added235,519$12M0.8%2026-Q2
Uniplan Investment Counsel, Inc. trimmed214,501$11M0.7%2026-Q2
RENAISSANCE TECHNOLOGIES LLC trimmed213,685$11M0.7%2026-Q2
VANGUARD FIDUCIARY TRUST CO added209,705$10M0.7%2026-Q2
AUXIER ASSET MANAGEMENT LLC trimmed209,006$10M0.7%2026-Q2
JANE STREET GROUP, LLC trimmed202,679$10M0.7%2026-Q2
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. trimmed200,550$10M0.7%2026-Q2
Connor, Clark & Lunn Investment Management Ltd. added198,992$10M0.7%2026-Q2
BANK OF AMERICA CORP /DE/ added190,500$10M0.6%2026-Q2
J. Goldman & Co LP new188,767$9M0.6%2026-Q2
Legato Capital Management LLC added183,074$9M0.6%2026-Q2
MARSHALL WACE, LLP trimmed176,926$9M0.6%2026-Q2
MORGAN STANLEY added168,241$8M0.6%2026-Q2
CASTLEARK MANAGEMENT LLC added162,910$8M0.5%2026-Q2
Journey Advisory Group, LLC added156,179$8M0.5%2026-Q2
Harvest Investment Services, LLC trimmed152,011$8M0.5%2026-Q2
NEW YORK STATE COMMON RETIREMENT FUND added149,415$7M0.5%2026-Q2
Invesco Ltd. added144,893$7M0.5%2026-Q2
Praetorian PR LLC added142,500$7M0.5%2026-Q2
SUSQUEHANNA INTERNATIONAL GROUP, LLP added131,078$7M0.4%2026-Q2
NEUBERGER BERMAN GROUP LLC new125,891$6M0.4%2026-Q2
Trexquant Investment LP trimmed117,107$6M0.4%2026-Q2
Militia Capital Management LLC110,731$6M0.4%2026-Q2
Informed Momentum Co LLC trimmed110,396$6M0.4%2026-Q2
SEI INVESTMENTS CO trimmed103,977$5M0.3%2026-Q2
HEARTLAND ADVISORS INC trimmed100,000$5M0.3%2026-Q2
RICE HALL JAMES & ASSOCIATES, LLC trimmed99,593$5M0.3%2026-Q2
Private Advisor Group, LLC trimmed99,527$5M0.3%2026-Q2
PRELUDE CAPITAL MANAGEMENT, LLC trimmed97,815$5M0.3%2026-Q2
North Star Investment Management Corp. trimmed96,275$5M0.3%2026-Q2
Bank of New York Mellon Corp added92,449$5M0.3%2026-Q2
Robeco Institutional Asset Management B.V. new86,735$4M0.3%2026-Q2
LONESTAR CAPITAL MANAGEMENT LLC trimmed83,911$4M0.3%2026-Q2
MYDA Advisors LLC added75,000$4M0.2%2026-Q2
Nuveen, LLC added69,402$3M0.2%2026-Q2
Manatuck Hill Partners, LLC trimmed67,973$3M0.2%2026-Q2
Squarepoint Ops LLC added65,038$3M0.2%2026-Q2
ROYAL BANK OF CANADA added63,426$3M0.2%2026-Q2
BOOTHBAY FUND MANAGEMENT, LLC trimmed58,884$3M0.2%2026-Q2
Swiss National Bank new55,700$3M0.2%2026-Q2
Huntleigh Advisors, Inc. added55,087$3M0.2%2026-Q2
Universal- Beteiligungs- und Servicegesellschaft mbH added55,037$3M0.2%2026-Q2
Polymer Capital Management (HK) LTD new50,000$2M0.2%2026-Q2
TUDOR INVESTMENT CORP ET AL trimmed47,668$2M0.2%2026-Q2
Y-Intercept (Hong Kong) Ltd trimmed47,313$2M0.2%2026-Q2
RHUMBLINE ADVISERS added47,117$2M0.2%2026-Q2
ALGERT GLOBAL LLC added46,414$2M0.2%2026-Q2
Pullen Investment Management, LLC trimmed44,848$2M0.1%2026-Q2
BAILARD, INC.42,071$2M0.1%2026-Q2
UBS Group AG added41,932$2M0.1%2026-Q2
XTX Topco Ltd added41,749$2M0.1%2026-Q2
AQR CAPITAL MANAGEMENT LLC added38,602$2M0.1%2026-Q2
HSBC HOLDINGS PLC added33,479$2M0.1%2026-Q2
RAYMOND JAMES FINANCIAL INC added32,758$2M0.1%2026-Q2
WELLS FARGO & COMPANY/MN added32,601$2M0.1%2026-Q2
VANGUARD GROUP INC added1,711,213$41M2.7%2025-Q4 stale (2 quarters behind)
Divisadero Street Capital Management, LP new825,556$34M2.2%2026-Q1 stale (1 quarter behind)
LORD, ABBETT & CO. LLC added623,165$25M1.7%2026-Q1 stale (1 quarter behind)
Point72 Asset Management, L.P. added468,556$19M1.2%2026-Q1 stale (1 quarter behind)
OBERWEIS ASSET MANAGEMENT INC/ trimmed188,447$8M0.5%2026-Q1 stale (1 quarter behind)
Pacific Ridge Capital Partners, LLC trimmed303,558$7M0.5%2025-Q4 stale (2 quarters behind)
HRT FINANCIAL LP added178,395$7M0.5%2026-Q1 stale (1 quarter behind)
CITADEL ADVISORS LLC added170,207$7M0.5%2026-Q1 stale (1 quarter behind)
ACADIAN ASSET MANAGEMENT LLC added163,688$7M0.4%2026-Q1 stale (1 quarter behind)
MILLENNIUM MANAGEMENT LLC trimmed161,582$7M0.4%2026-Q1 stale (1 quarter behind)
4D Advisors, LLC new185,000$4M0.3%2025-Q4 stale (2 quarters behind)
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed72,182$3M0.2%2026-Q1 stale (1 quarter behind)
Engineers Gate Manager LP added56,533$2M0.2%2026-Q1 stale (1 quarter behind)
AMH Equity Ltd75,000$2M0.1%2025-Q3 stale (3 quarters behind)
Darwins River Capital, LP new42,251$2M0.1%2026-Q1 stale (1 quarter behind)

Ownership over time

Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.

HoldersTotal shares

Reading this table

Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.

About 13F filings

A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.

Learn how to read institutional ownership