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 ($1.9m this quarter). Holder counts are more reliable. Shares outstanding: 31.4m as of 2023-08-07, 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 ≈ $6.74. Options: 3 managers hold calls ($138.0k notional), 1 hold puts ($0).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 54 |
| Q4 2022 | 66 |
| Q1 2023 | 70 |
| Q2 2023 | 78 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 30 | 22 |
| Q1 2023 | 26 | 31 |
| Q2 2023 | 44 | 34 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $1.0k | $120.0k | 120.00 |
| Q4 2022 | $1.0k | $0 | 0.00 |
| Q1 2023 | $17.1k | $15.8k | 0.93 |
| Q2 2023 | $138.0k | $0 | 0.00 |
Biggest buyers
| Herr Investment Group LLC | Added | +988.7k |
| BlackRock Inc. | Added | +852.4k |
| ESSEX INVESTMENT MANAGEMENT CO LLC | Added | +302.9k |
| CANNELL CAPITAL LLC | Added | +236.7k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +215.0k |
| STATE STREET CORP | Added | +212.7k |
| Private Advisor Group, LLC | New | +208.2k |
| VANGUARD GROUP INC | Added | +178.3k |
| Mariner, LLC | New | +177.8k |
| NORTHERN TRUST CORP | Added | +150.2k |
Biggest sellers
| Juniper Investment Company, LLC | Reduced | -1.7m |
| ROYCE & ASSOCIATES LP | Reduced | -399.6k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -210.6k |
| Hillsdale Investment Management Inc. | Sold out | -189.9k |
| Paradice Investment Management LLC | Sold out | -170.9k |
| Alyeska Investment Group, L.P. | Reduced | -154.6k |
| GLOBEFLEX CAPITAL L P | Sold out | -123.0k |
| JANE STREET GROUP, LLC | Sold out | -81.6k |
| CITADEL ADVISORS LLC | Sold out | -75.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Sold out | -71.2k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $124.0k18.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $14.0k2.1k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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 in Q2 2023
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 |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 2 | $781.2k | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 2 | $656.3k | — |
| Q2 2023 | 0 | — | 4 | $3.3m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-06-15 | Morrow J Barry Director | Sold | $7411 shares |
| 2023-06-14 | Bartholdson John A. +3 Director · Juniper Targeted Opportunities L.P. | Sold | $1.2m194.3k shares |
| 2023-06-14 | Morrow J Barry Director | Sold | $73.0k11.4k shares |
| 2023-06-13 | Bartholdson John A. +2 Director · Juniper Targeted Opportunities L.P. | Sold | $303.1k46.8k shares |
| 2023-06-13 | Morrow J Barry Director | Sold | $73.5k11.4k shares |
| 2023-06-12 | Bartholdson John A. +2 Director · Juniper Targeted Opportunities L.P. | Sold | $707.5k108.8k shares |
| 2023-06-12 | Morrow J Barry Director | Sold | $7411 shares |
| 2023-06-09 | Morrow J Barry Director | Sold | $76.9k11.4k shares |
| 2023-06-08 | Morrow J Barry Director | Sold | $77.3k11.4k shares |
| 2023-06-07 | Morrow J Barry Director | Sold | $7711 shares |
| 2023-05-12 | Meyers Brian K CFO and Treasurer | Sold | $490.9k76.0k shares |
| 2023-05-12 | Harbour Ronald Edward Director | Sold | $58.6k9.0k shares |
| 2023-05-11 | Meyers Brian K CFO and Treasurer | Sold | $190.9k30.0k 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 2023
| Manager | Shares | Change |
|---|---|---|
| Juniper Investment Company, LLC 16.99% of their portfolio | 4.0m $26.8m | Reduced -1.7m |
| Herr Investment Group LLC 4.32% of their portfolio | 2.1m $14.4m | Added +988.7k |
| HEARTLAND ADVISORS INC 0.80% of their portfolio | 2.1m $13.9m | Reduced -604 |
| BlackRock Inc. 0.00% of their portfolio | 1.3m $9.0m | Added +852.4k |
| CANNELL CAPITAL LLC 1.64% of their portfolio | 1.2m $8.2m | Added +236.7k |
| Alyeska Investment Group, L.P. 0.06% of their portfolio | 1.2m $8.1m | Reduced -154.6k |
| VANGUARD GROUP INC 0.00% of their portfolio | 1.0m $6.9m | Added +178.3k |
| ROYCE & ASSOCIATES LP 0.06% of their portfolio | 984.5k $6.6m | Reduced -399.6k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 738.8k $5.0m | Reduced -16.6k |
| Uniplan Investment Counsel, Inc. 0.36% of their portfolio | 736.8k $5.0m | Reduced -3.8k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.09% of their portfolio | 557.0k $3.8m | Added +5.0k |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.22% of their portfolio | 546.8k $3.7m | Reduced -42.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 540.5k $3.6m | Added +7.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 513.7k $3.5m | Added +215.0k |
| RBF Capital, LLC 0.21% of their portfolio | 499.1k $3.4m | Reduced -64.7k |
| ESSEX INVESTMENT MANAGEMENT CO LLC 0.44% of their portfolio | 466.9k $3.1m | Added +302.9k |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.24% of their portfolio | 432.6k $2.9m | Added +64.8k |
| First Eagle Investment Management, LLC 0.01% of their portfolio | 422.3k $2.8m | Reduced -47.1k |
| Pacific Ridge Capital Partners, LLC 0.61% of their portfolio | 398.4k $2.7m | Added +147.0k |
| STATE STREET CORP 0.00% of their portfolio | 305.2k $2.1m | Added +212.7k |
| AUXIER ASSET MANAGEMENT LLC 0.26% of their portfolio | 233.4k $1.6m | Unchanged |
| Private Advisor Group, LLC 0.01% of their portfolio | 208.2k $1.4m | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 198.2k $1.3m | Added +150.2k |
| ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio | 182.4k $1.2m | Reduced -32.7k |
| Mariner, LLC 0.00% of their portfolio | 177.8k $1.2m | New |
| Legato Capital Management LLC 0.15% of their portfolio | 162.4k $1.1m | Added +148.4k |
| Empowered Funds, LLC 0.03% of their portfolio | 141.4k $952.8k | New |
| EA Series Trust 0.03% of their portfolio | 141.4k $952.8k | First filing |
| Bank of New York Mellon Corp 0.00% of their portfolio | 130.6k $880.1k | Added +59.7k |
| Perritt Capital Management Inc 0.30% of their portfolio | 81.5k $549.1k | Unchanged |
| BAILARD, INC. 0.02% of their portfolio | 70.3k $473.6k | Added +2.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 64.8k $436.5k | Added +54.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 61.6k $415.1k | Added +40.4k |
| Weil Company, Inc. 0.17% of their portfolio | 57.9k $390.1k | Added +21.0k |
| Penbrook Management LLC 0.28% of their portfolio | 57.8k $389.6k | Unchanged |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 57.2k $385.5k | Reduced -7.4k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 52.9k $356.2k | Added +9.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 47.3k $319.0k | Reduced -15.0k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio | 45.1k $303.9k | Reduced -32.2k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 38.5k $260.0k | Added +8.5k |
| MORGAN STANLEY 0.00% of their portfolio | 35.6k $239.9k | Reduced -7.7k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 31.3k $210.6k | Unchanged |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 30.6k $206.2k | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 29.9k $201.2k | Reduced -25.7k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 25.0k $168.6k | New |
| MARSHALL WACE, LLP 0.00% of their portfolio | 22.8k $154.0k | New |
| RITHOLTZ WEALTH MANAGEMENT 0.01% of their portfolio | 22.7k $153.2k | Reduced -7.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 18.9k $127.2k | New |
| State of Wyoming 0.03% of their portfolio | 17.5k $118.1k | Added +9.3k |
| Alpha Cubed Investments, LLC 0.01% of their portfolio | 17.5k $118.0k | Unchanged |
| UBS Group AG 0.00% of their portfolio | 15.8k $106.6k | Added +13.7k |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 15.4k $103.9k | Unchanged |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 15.3k $103.1k | New |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 14.1k $94.8k | Added +2.0k |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 13.9k $93.4k | New |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 13.8k $93.0k | Reduced -5.6k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 12.7k $85.6k | New |
| Brandywine Global Investment Management, LLC 0.00% of their portfolio | 11.7k $79.1k | Reduced -11.7k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 11.4k $76.9k | New |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 11.4k $76.8k | New |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.00% of their portfolio | 11.1k $74.8k | Unchanged |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 10.8k $73.1k | Reduced -709 |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 10.5k $71.0k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 10.1k $67.8k | Added +8.9k |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 9.2k $61.7k | Reduced -22.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 8.2k $55.1k | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 7.9k $53.1k | New |
| CITIGROUP INC 0.00% of their portfolio | 7.1k $47.5k | Reduced -26.5k |
| BARCLAYS PLC 0.00% of their portfolio | 4.8k $32.3k | New |
| Dorsey Wright & Associates 0.01% of their portfolio | 3.0k $20.3k | Reduced -52 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 2.5k $16.9k | Unchanged |
| AMALGAMATED BANK 0.00% of their portfolio | 2.3k $16.0k | New |
| Legal & General Group Plc 0.00% of their portfolio | 2.1k $14.5k | New |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 2.0k $13.5k | Unchanged |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 2.0k $13.2k | New |
| Metropolitan Life Insurance Co/NY 0.00% of their portfolio | 1.3k $8.9k | New |
| FMR LLC 0.00% of their portfolio | 201 $1.4k | Added +141 |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |