LINCOLN EDL SVCS CORP LINC
COM · Common Stock · CUSIP 533535100
- IndustryServices-Educational Services
- HeadquartersParsippany, NJ
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($389.0k this quarter). Holder counts are more reliable. Shares outstanding: 31.7m as of 2026-08-10, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $49.41. Options: 9 managers hold calls ($10.0m notional), 6 hold puts ($4.4m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 54 |
| Q4 2022 | 66 |
| Q1 2023 | 70 |
| Q2 2023 | 78 |
| Q3 2023 | 90 |
| Q4 2023 | 95 |
| Q1 2024 | 95 |
| Q2 2024 | 107 |
| Q3 2024 | 107 |
| Q4 2024 | 114 |
| Q1 2025 | 127 |
| Q2 2025 | 140 |
| Q3 2025 | 147 |
| Q4 2025 | 153 |
| Q1 2026 | 193 |
| Q2 2026 | 222 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 60 | 40 |
| Q4 2024 | 63 | 47 |
| Q1 2025 | 69 | 47 |
| Q2 2025 | 82 | 57 |
| Q3 2025 | 72 | 68 |
| Q4 2025 | 71 | 70 |
| Q1 2026 | 109 | 77 |
| Q2 2026 | 144 | 80 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $2.5m | $845.6k | 0.34 |
| Q4 2025 | $1.3m | $429.9k | 0.33 |
| Q1 2026 | $6.2m | $1.7m | 0.28 |
| Q2 2026 | $10.0m | $4.4m | 0.44 |
Biggest buyers
| ALLIANCEBERNSTEIN L.P. | Added | +1.5m |
| First Eagle Investment Management, LLC | Added | +545.8k |
| PRUDENTIAL FINANCIAL INC | Added | +420.9k |
| Qube Research & Technologies Ltd | Added | +320.2k |
| BlackRock, Inc. | Added | +300.6k |
| AXIOM INVESTORS LLC /DE | New | +275.6k |
| Driehaus Capital Management LLC | Added | +274.7k |
| GOLDMAN SACHS GROUP INC | Added | +268.7k |
| JPMORGAN CHASE & CO | Added | +230.6k |
| Verition Fund Management LLC | Added | +214.0k |
Biggest sellers
| Divisadero Street Capital Management, LP | Sold out | -825.6k |
| Point72 Asset Management, L.P. | Sold out | -468.6k |
| MARSHALL WACE, LLP | Reduced | -356.6k |
| HEARTLAND ADVISORS INC | Reduced | -257.3k |
| WASATCH ADVISORS LP | Reduced | -229.4k |
| Militia Capital Management LLC | Reduced | -221.5k |
| Juniper Investment Company, LLC | Reduced | -205.3k |
| Trexquant Investment LP | Reduced | -201.9k |
| OBERWEIS ASSET MANAGEMENT INC/ | Sold out | -188.4k |
| CITADEL ADVISORS LLC | Sold out | -170.2k |
Biggest calls
| JANE STREET GROUP, LLC | Added | $3.5m70.3k shares |
| J. Goldman & Co LP | New | $2.1m43.0k shares |
| CITADEL ADVISORS LLC | Reduced | $1.3m25.3k shares |
| Walleye Capital LLC | New | $1.2m23.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $753.5k15.1k shares |
| D. E. Shaw & Co., Inc. | New | $593.8k11.9k shares |
| IMC-Chicago, LLC | Reduced | $394.2k7.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $109.8k2.2k shares |
| GROUP ONE TRADING LLC | Reduced | $10.0k200 shares |
Biggest puts
| CITADEL ADVISORS LLC | New | $1.3m26.3k shares |
| JANE STREET GROUP, LLC | Added | $1.2m24.4k shares |
| Walleye Capital LLC | New | $673.6k13.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $528.9k10.6k shares |
| IMC-Chicago, LLC | New | $374.2k7.5k shares |
| D. E. Shaw & Co., Inc. | New | $279.4k5.6k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution +1.0 pts · filed 2026-07-29 | 7.5% |
Juniper Investment Company, LLC
13D · may seek influence
-1.2 pts · filed 2026-06-15
Stated purposeItem 4 is hereby amended and supplemented by adding the following information.Between February 27, 2026, and June 12, 2026, Juniper Targeted Opportunity Fund, L.P. sold 355,345 shares at an aggregate sale price of approximately $15,580,130, which includes brokerage commissions, in the open market. John A. Bartholdson received an award of 3,515 shares of Restricted Stock valued at $155,000 on May 7, 2026. Full filing |
6.1% |
Fell to 5% or below in the last year: Alyeska Investment Group, L.P. (2.4%, 2026-05-15), VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 3 | $1.8m | — |
| Q1 2025 | 0 | — | 1 | $7.3m | — |
| Q2 2025 | 0 | — | 4 | $1.6m | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 1 | $479.7k | — |
| Q1 2026 | 0 | — | 4 | $1.5m | — |
| Q2 2026 | 0 | — | 5 | $4.7m | — |
| Q3 2026 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-06-15 | LUSTER ALEXANDRA M SVP and General Counsel | Sold | $803.8k18.0k shares |
| 2026-06-12 | Juniper Investment Company, LLC Affiliate · Juniper Targeted Opportunity Fund, L.P. | Sold | $1.7m37.0k shares |
| 2026-06-11 | Juniper Investment Company, LLC Affiliate · Juniper Targeted Opportunity Fund, L.P. | Sold | $565.4k11.8k shares |
| 2026-06-10 | Carney Kevin M Director | Sold | $144.0k3.0k shares |
| 2026-06-05 | LUSTER ALEXANDRA M SVP and General Counsel | Sold | $99.9k2.0k shares |
| 2026-06-04 | Juniper Investment Company, LLC Affiliate · Juniper Targeted Opportunity Fund, L.P. | Sold | $1.3m25.2k shares |
| 2026-06-03 | Juniper Investment Company, LLC Affiliate · Juniper Targeted Opportunity Fund, L.P. | Sold | $4.1m81.5k shares |
| 2026-06-03 | Pryor Felecia J. Director | Sold | $99.4k2.0k shares |
| 2026-05-22 | BURKE JAMES J JR Director | Sold | $764.4k15.8k shares |
| 2026-05-18 | BURKE JAMES J JR Director | Sold | $792.6k16.0k shares |
| 2026-05-15 | Juniper Investment Company, LLC Affiliate · Juniper Targeted Opportunity Fund, L.P. | Sold | $99.5k2.0k shares |
| 2026-05-14 | Juniper Investment Company, LLC Affiliate · Juniper Targeted Opportunity Fund, L.P. | Sold | $2.4m47.8k shares |
| 2026-05-14 | BURKE JAMES J JR Director | Sold | $10.0k193 shares |
| 2026-05-12 | Meyers Brian K CFO and Treasurer | Sold | $2.0m40.1k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 2.5m $123.9m | Added +300.6k |
| Juniper Investment Company, LLC 22.91% of their portfolio | 1.7m $86.5m | Reduced -205.3k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 1.6m $63.6m | Added +1.5m |
| NEEDHAM INVESTMENT MANAGEMENT LLC 1.99% of their portfolio | 1.3m $66.1m | Added +47.5k |
| First Eagle Investment Management, LLC 0.05% of their portfolio | 1.2m $61.4m | Added +545.8k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 1.2m $61.0m | Added +19.4k |
| NEXT CENTURY GROWTH INVESTORS LLC 3.11% of their portfolio | 1.2m $58.7m | Added +134.9k |
| Driehaus Capital Management LLC 0.28% of their portfolio | 951.6k $47.5m | Added +274.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 877.2k $43.8m | Added +136.4k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 814.1k $40.6m | Added +5.8k |
| Alyeska Investment Group, L.P. 0.09% of their portfolio | 730.7k $36.5m | Reduced -47.2k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 696.3k $34.7m | Added +1.5k |
| STATE STREET CORP 0.00% of their portfolio | 668.8k $33.4m | Added +78.7k |
| LORD, ABBETT & CO. LLC 0.09% of their portfolio | 615.5k $30.7m | Reduced -7.7k |
| WASATCH ADVISORS LP 0.18% of their portfolio | 548.0k $27.3m | Reduced -229.4k |
| Nicholas Investment Partners, LP 1.49% of their portfolio | 531.9k $26.5m | Added +72.4k |
| RBF Capital, LLC 1.04% of their portfolio | 499.1k $24.9m | Unchanged |
| ROYCE & ASSOCIATES LP 0.18% of their portfolio | 450.4k $22.5m | Added +91.7k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 437.7k $21.8m | Added +268.7k |
| PRUDENTIAL FINANCIAL INC 0.02% of their portfolio | 428.4k $21.4m | Added +420.9k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 413.5k $20.6m | Added +116.5k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 379.9k $19.0m | Added +27.6k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 365.5k $18.2m | Added +320.2k |
| Pillsbury Lake Capital LLC 4.88% of their portfolio | 356.2k $17.8m | Reduced -24.4k |
| ESSEX INVESTMENT MANAGEMENT CO LLC 2.22% of their portfolio | 340.4k $17.0m | Reduced -14.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 308.9k $15.2m | Added +230.6k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 296.4k $14.8m | Reduced -59.9k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 281.8k $14.1m | Added +46.3k |
| AXIOM INVESTORS LLC /DE 0.12% of their portfolio | 275.6k $13.8m | New |
| Verition Fund Management LLC 0.09% of their portfolio | 265.3k $13.2m | Added +214.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 248.8k $12.4m | Added +9.5k |
| PANAGORA ASSET MANAGEMENT INC 0.04% of their portfolio | 235.5k $11.8m | Added +191.1k |
| Uniplan Investment Counsel, Inc. 1.00% of their portfolio | 214.5k $10.7m | Reduced -11.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 213.7k $10.7m | Reduced -79.5k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 209.7k $10.5m | Added +6.5k |
| AUXIER ASSET MANAGEMENT LLC 1.40% of their portfolio | 209.0k $10.4m | Reduced -7.4k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 202.7k $10.1m | Reduced -40.8k |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.50% of their portfolio | 200.6k $10.0m | Reduced -51.6k |
| Connor, Clark & Lunn Investment Management Ltd. 0.02% of their portfolio | 199.0k $9.9m | Added +13.3k |
| ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio | 197.3k $9.8m | Added +33.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 190.5k $9.5m | Added +112.6k |
| J. Goldman & Co LP 0.33% of their portfolio | 188.8k $9.4m | New |
| Legato Capital Management LLC 0.76% of their portfolio | 183.1k $9.1m | Added +9.5k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 176.9k $8.8m | Reduced -356.6k |
| MORGAN STANLEY 0.00% of their portfolio | 168.2k $8.4m | Added +6.5k |
| CASTLEARK MANAGEMENT LLC 0.22% of their portfolio | 162.9k $8.1m | Added +12.3k |
| Journey Advisory Group, LLC 0.60% of their portfolio | 156.2k $7.8m | Added +836 |
| Harvest Investment Services, LLC 1.17% of their portfolio | 152.0k $7.6m | Reduced -3.7k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 149.4k $7.5m | Added +32.3k |
| Invesco Ltd. 0.00% of their portfolio | 144.9k $7.2m | Added +2.2k |
| Praetorian PR LLC 2.27% of their portfolio | 142.5k $7.1m | Added +1.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 131.1k $6.5m | Added +99.5k |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 125.9k $6.3m | New |
| Trexquant Investment LP 0.04% of their portfolio | 117.1k $5.8m | Reduced -201.9k |
| Militia Capital Management LLC 1.00% of their portfolio | 110.7k $5.5m | Reduced -221.5k |
| Informed Momentum Co LLC 0.49% of their portfolio | 110.4k $5.5m | Reduced -1.7k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 104.0k $5.2m | Reduced -48.6k |
| HEARTLAND ADVISORS INC 0.22% of their portfolio | 100.0k $5.0m | Reduced -257.3k |
| RICE HALL JAMES & ASSOCIATES, LLC 0.24% of their portfolio | 99.6k $5.0m | Reduced -10.5k |
| Private Advisor Group, LLC 0.02% of their portfolio | 99.5k $5.0m | Reduced -27.0k |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.36% of their portfolio | 97.8k $4.9m | Reduced -10.9k |
| North Star Investment Management Corp. 0.26% of their portfolio | 96.3k $4.8m | Reduced -72.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 92.4k $4.6m | Added +17.4k |
| Robeco Institutional Asset Management B.V. 0.01% of their portfolio | 86.7k $4.3m | New |
| LONESTAR CAPITAL MANAGEMENT LLC 2.70% of their portfolio | 83.9k $4.2m | Reduced -66.1k |
| HRT FINANCIAL LP 0.01% of their portfolio | 81.8k $4.1m | Reduced -96.6k |
| MYDA Advisors LLC 0.91% of their portfolio | 75.0k $3.7m | Added +15.0k |
| Nuveen, LLC 0.00% of their portfolio | 69.4k $3.5m | Added +11.2k |
| Manatuck Hill Partners, LLC 1.12% of their portfolio | 68.0k $3.4m | Reduced -125.0k |
| Squarepoint Ops LLC 0.01% of their portfolio | 65.0k $3.2m | Added +499 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 63.4k $3.2m | Added +29.9k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.06% of their portfolio | 58.9k $2.9m | Reduced -2.6k |
| Swiss National Bank 0.00% of their portfolio | 55.7k $2.8m | New |
| Huntleigh Advisors, Inc. 0.38% of their portfolio | 55.1k $2.7m | Added +2.3k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 55.0k $2.7m | Added +21.8k |
| Polymer Capital Management (HK) LTD 0.25% of their portfolio | 50.0k $2.5m | New |
| TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio | 47.7k $2.4m | Reduced -35.3k |
| Y-Intercept (Hong Kong) Ltd 0.05% of their portfolio | 47.3k $2.4m | Reduced -24.8k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 47.1k $2.4m | Added +2.0k |
| ALGERT GLOBAL LLC 0.03% of their portfolio | 46.4k $2.3m | Added +13.6k |
| Pullen Investment Management, LLC 1.04% of their portfolio | 44.8k $2.2m | Reduced -143.1k |
| BAILARD, INC. 0.04% of their portfolio | 42.1k $2.1m | Unchanged |
| UBS Group AG 0.00% of their portfolio | 41.9k $2.1m | Added +8.4k |
| XTX Topco Ltd 0.03% of their portfolio | 41.7k $2.1m | Added +28.4k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 38.6k $1.9m | Added +902 |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 33.5k $1.7m | Added +21.2k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 32.8k $1.6m | Added +24.9k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 32.6k $1.6m | Added +18.6k |
| Jump Financial, LLC 0.01% of their portfolio | 32.4k $1.6m | Reduced -73.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 31.6k $1.6m | Added +30.0k |
| Dauntless Investment Group, LLC 2.69% of their portfolio | 31.0k $1.5m | Reduced -28.4k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 30.8k $1.5m | Added +4.6k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 30.6k $1.5m | Added +11.3k |
| Steadtrust LLC 0.76% of their portfolio | 30.3k $1.5m | Added +1.8k |
| Quantinno Capital Management LP 0.00% of their portfolio | 29.1k $1.5m | Added +15.0k |
| Creative Planning 0.00% of their portfolio | 28.8k $1.4m | Added +4.7k |
| Numerai GP LLC 0.11% of their portfolio | 26.5k $1.3m | Added +21.5k |
| HANSEATIC MANAGEMENT SERVICES INC 0.91% of their portfolio | 24.9k $1.2m | Added +970 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 24.8k $1.2m | Added +3.7k |
| Ellsworth Advisors, LLC 0.18% of their portfolio | 24.8k $1.1m | Reduced -186 |