Who owns Lincoln Educational Services Corporation (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-Q1 13F filings (latest filed 2026-05-18). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on LINC is one-sided between 2025-Q4 and 2026-Q1: 93 added or opened and 19 trimmed or exited — on balance accumulating.
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 2025-Q4 and 2026-Q1, across 192 tracked filers holding LINC, 113 increased or opened the position and 83 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
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 2025-Q4 and 2026-Q1 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 30
- VANGUARD CAPITAL MANAGEMENT LLC$49M
- Divisadero Street Capital Management, LP$34M
- Nicholas Investment Partners, LP$19M
- VANGUARD PORTFOLIO MANAGEMENT LLC$12M
- JANE STREET GROUP, LLC$10M
- VANGUARD FIDUCIARY TRUST CO$8M
Full exits 7
- VANGUARD GROUP INC$36M
- Pacific Ridge Capital Partners, LLC$7M
- 4D Advisors, LLC$4M
- Militia Capital Partners, LP$2M
- TWO SIGMA ADVISERS, LP$1M
- Perritt Capital Management Inc$937K
Largest adds
- BlackRock, Inc.$35M
- NEEDHAM INVESTMENT MANAGEMENT LLC$25M
- NEXT CENTURY GROWTH INVESTORS LLC$23M
- Juniper Investment Company, LLC$22M
- MARSHALL WACE, LLP$20M
- LORD, ABBETT & CO. LLC$20M
Largest trims
- HEARTLAND ADVISORS INC$17M
- Alyeska Investment Group, L.P.$8M
- Pillsbury Lake Capital LLC$2M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$1M
- Secure Asset Management, LLC$1M
- BARCLAYS PLC$943K
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).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. trimmed | 2,182,514 | $89M | 7.6% | 2026-Q1 |
| Juniper Investment Company, LLC trimmed | 1,938,311 | $79M | 6.8% | 2026-Q1 |
| NEEDHAM INVESTMENT MANAGEMENT LLC added | 1,277,500 | $52M | 4.5% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 1,202,130 | $49M | 4.2% | 2026-Q1 |
| NEXT CENTURY GROWTH INVESTORS LLC added | 1,040,602 | $42M | 3.6% | 2026-Q1 |
| Divisadero Street Capital Management, LP new | 825,556 | $34M | 2.9% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 808,302 | $33M | 2.8% | 2026-Q1 |
| Alyeska Investment Group, L.P. trimmed | 777,833 | $32M | 2.7% | 2026-Q1 |
| WASATCH ADVISORS LP trimmed | 777,351 | $32M | 2.7% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 740,769 | $30M | 2.6% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP trimmed | 694,748 | $28M | 2.4% | 2026-Q1 |
| First Eagle Investment Management, LLC trimmed | 685,230 | $28M | 2.4% | 2026-Q1 |
| Driehaus Capital Management LLC added | 676,923 | $28M | 2.4% | 2026-Q1 |
| LORD, ABBETT & CO. LLC added | 623,165 | $25M | 2.2% | 2026-Q1 |
| STATE STREET CORP added | 590,070 | $24M | 2.1% | 2026-Q1 |
| MARSHALL WACE, LLP added | 533,527 | $22M | 1.9% | 2026-Q1 |
| RBF Capital, LLC | 499,070 | $20M | 1.7% | 2026-Q1 |
| Point72 Asset Management, L.P. added | 468,556 | $19M | 1.6% | 2026-Q1 |
| Nicholas Investment Partners, LP new | 459,509 | $19M | 1.6% | 2026-Q1 |
| Pillsbury Lake Capital LLC trimmed | 380,568 | $15M | 1.3% | 2026-Q1 |
| ROYCE & ASSOCIATES LP added | 358,664 | $15M | 1.3% | 2026-Q1 |
| HEARTLAND ADVISORS INC trimmed | 357,265 | $15M | 1.2% | 2026-Q1 |
| ESSEX INVESTMENT MANAGEMENT CO LLC trimmed | 355,304 | $14M | 1.2% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 353,495 | $14M | 1.2% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 352,357 | $14M | 1.2% | 2026-Q1 |
| Trexquant Investment LP added | 318,969 | $13M | 1.1% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 297,028 | $12M | 1.0% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 293,178 | $12M | 1.0% | 2026-Q1 |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. trimmed | 252,150 | $10M | 0.9% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 243,438 | $10M | 0.8% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 239,261 | $10M | 0.8% | 2026-Q1 |
| NORTHERN TRUST CORP added | 235,572 | $10M | 0.8% | 2026-Q1 |
| Uniplan Investment Counsel, Inc. trimmed | 225,681 | $9M | 0.8% | 2026-Q1 |
| AUXIER ASSET MANAGEMENT LLC trimmed | 216,406 | $9M | 0.8% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 203,254 | $8M | 0.7% | 2026-Q1 |
| Manatuck Hill Partners, LLC added | 192,973 | $8M | 0.7% | 2026-Q1 |
| OBERWEIS ASSET MANAGEMENT INC/ trimmed | 188,447 | $8M | 0.7% | 2026-Q1 |
| Pullen Investment Management, LLC added | 187,905 | $8M | 0.7% | 2026-Q1 |
| Connor, Clark & Lunn Investment Management Ltd. trimmed | 185,642 | $8M | 0.6% | 2026-Q1 |
| HRT FINANCIAL LP added | 178,395 | $7M | 0.6% | 2026-Q1 |
| Legato Capital Management LLC added | 173,558 | $7M | 0.6% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 170,207 | $7M | 0.6% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 169,024 | $7M | 0.6% | 2026-Q1 |
| North Star Investment Management Corp. added | 168,275 | $7M | 0.6% | 2026-Q1 |
| ACADIAN ASSET MANAGEMENT LLC added | 163,688 | $7M | 0.6% | 2026-Q1 |
| MORGAN STANLEY added | 161,742 | $7M | 0.6% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC trimmed | 161,582 | $7M | 0.6% | 2026-Q1 |
| Harvest Investment Services, LLC added | 155,669 | $6M | 0.5% | 2026-Q1 |
| Journey Advisory Group, LLC trimmed | 155,343 | $6M | 0.5% | 2026-Q1 |
| SEI INVESTMENTS CO added | 152,537 | $6M | 0.5% | 2026-Q1 |
| CASTLEARK MANAGEMENT LLC new | 150,610 | $6M | 0.5% | 2026-Q1 |
| LONESTAR CAPITAL MANAGEMENT LLC trimmed | 150,000 | $6M | 0.5% | 2026-Q1 |
| Invesco Ltd. trimmed | 142,705 | $6M | 0.5% | 2026-Q1 |
| Praetorian PR LLC new | 141,000 | $6M | 0.5% | 2026-Q1 |
| Private Advisor Group, LLC added | 126,527 | $5M | 0.4% | 2026-Q1 |
| NEW YORK STATE COMMON RETIREMENT FUND added | 117,154 | $5M | 0.4% | 2026-Q1 |
| Informed Momentum Co LLC trimmed | 112,127 | $5M | 0.4% | 2026-Q1 |
| Militia Capital Management LLC new | 110,731 | $5M | 0.4% | 2026-Q1 |
| RICE HALL JAMES & ASSOCIATES, LLC | 110,087 | $4M | 0.4% | 2026-Q1 |
| PRELUDE CAPITAL MANAGEMENT, LLC trimmed | 108,679 | $4M | 0.4% | 2026-Q1 |
| Jump Financial, LLC added | 106,251 | $4M | 0.4% | 2026-Q1 |
| TUDOR INVESTMENT CORP ET AL added | 82,964 | $3M | 0.3% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 77,911 | $3M | 0.3% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 78,308 | $3M | 0.3% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 75,020 | $3M | 0.3% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed | 72,182 | $3M | 0.3% | 2026-Q1 |
| Y-Intercept (Hong Kong) Ltd new | 72,158 | $3M | 0.3% | 2026-Q1 |
| Squarepoint Ops LLC added | 64,539 | $3M | 0.2% | 2026-Q1 |
| BOOTHBAY FUND MANAGEMENT, LLC trimmed | 61,450 | $2M | 0.2% | 2026-Q1 |
| MYDA Advisors LLC trimmed | 60,000 | $2M | 0.2% | 2026-Q1 |
| Dauntless Investment Group, LLC added | 59,439 | $2M | 0.2% | 2026-Q1 |
| Mariner, LLC trimmed | 58,989 | $2M | 0.2% | 2026-Q1 |
| Nuveen, LLC trimmed | 58,218 | $2M | 0.2% | 2026-Q1 |
| Engineers Gate Manager LP added | 56,533 | $2M | 0.2% | 2026-Q1 |
| Huntleigh Advisors, Inc. new | 52,744 | $2M | 0.2% | 2026-Q1 |
| Verition Fund Management LLC added | 51,244 | $2M | 0.2% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 45,279 | $2M | 0.2% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 45,137 | $2M | 0.2% | 2026-Q1 |
| PANAGORA ASSET MANAGEMENT INC added | 44,465 | $2M | 0.2% | 2026-Q1 |
| Darwins River Capital, LP new | 42,251 | $2M | 0.1% | 2026-Q1 |
| BAILARD, INC. | 42,071 | $2M | 0.1% | 2026-Q1 |
| Concentric Capital Strategies, LP new | 38,653 | $2M | 0.1% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 36,854 | $1M | 0.1% | 2026-Q1 |
| UBS Group AG trimmed | 33,538 | $1M | 0.1% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 33,502 | $1M | 0.1% | 2026-Q1 |
| Universal- Beteiligungs- und Servicegesellschaft mbH new | 33,284 | $1M | 0.1% | 2026-Q1 |
| ALGERT GLOBAL LLC added | 32,780 | $1M | 0.1% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 31,545 | $1M | 0.1% | 2026-Q1 |
| SG Capital Management LLC trimmed | 31,478 | $1M | 0.1% | 2026-Q1 |
| ExodusPoint Capital Management, LP added | 30,265 | $1M | 0.1% | 2026-Q1 |
| Steadtrust LLC trimmed | 28,540 | $1M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 1,501,956 | $36M | 3.1% | 2025-Q4 stale |
| CANNELL CAPITAL LLC added | 576,505 | $14M | 1.2% | 2025-Q3 stale |
| Pacific Ridge Capital Partners, LLC trimmed | 303,558 | $7M | 0.6% | 2025-Q4 stale |
| 4D Advisors, LLC new | 185,000 | $4M | 0.4% | 2025-Q4 stale |
| G2 Investment Partners Management LLC added | 135,670 | $2M | 0.2% | 2025-Q1 stale |
| AMH Equity Ltd | 75,000 | $2M | 0.2% | 2025-Q3 stale |
| Militia Capital Partners, LP added | 62,958 | $2M | 0.1% | 2025-Q4 stale |
| MACKENZIE FINANCIAL CORP trimmed | 59,666 | $1M | 0.1% | 2025-Q2 stale |
| Calamos Advisors LLC trimmed | 55,357 | $1M | 0.1% | 2025-Q3 stale |
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.
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.