Voya and Kempner just trimmed Lincoln National stock — what new filings show
NEW YORK, December 29, 2025, 08:54 ET Voya Investment Management and Kempner Capital Management reduced their exposure to Lincoln National Corp in the third quarter, regulatory disclosures showed. The two managers reported holding about 176,822 shares worth roughly $7.1 million as of Sept. 30. The disclosures matter because they are Form 13F filings — quarterly snapshots that large investment managers must submit to the U.S. Securities and Exchange Commission. Investors watch them for clues on institutional positioning, even though the data are backward-looking. Lincoln’s stock has been trading near a 12-month high and the company’s next dividend dates are approaching,