Dark Forest Capital Management’s NiSource NI Stock Holding History

Dark Forest Capital Management’s Portfolio NI Stock Details NI Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-6,080	Closed	-$245K	–	1376
2025 Q2	$245K	Sell	6,080 -65,971	-92%	-$2.59M	0.01%	1057
2025 Q1	$2.89M	Buy	+72,051	New	+$2.78M	0.13%	234
2024 Q4	–	Sell	-8,205	Closed	-$284K	–	1194
2024 Q3	$284K	Buy	+8,205	New	+$262K	0.04%	656
2024 Q2	–	Sell	-149,603	Closed	-$4.14M	–	819
2024 Q1	$4.14M	Buy	+149,603	New	+$3.93M	0.7%	19
2023 Q4	–	Sell	-75,708	Closed	-$1.87M	–	892
2023 Q3	$1.87M	Buy	75,708 +66,211	+697%	+$1.79M	0.14%	158
2023 Q2	$260K	Sell	9,497 -2,880	-23%	-$79.9K	0.02%	862
2023 Q1	$346K	Buy	12,377 +12,298	+15,567%	+$336K	0.08%	233
2022 Q4	$2.17K	Buy	+79	New	+$2.08K	﹤0.01%	946
2022 Q3	–	Sell	-22	Closed	-$1K	–	1339
2022 Q2	$1K	Sell	22 -647	-97%	-$19.6K	﹤0.01%	808
2022 Q1	$21K	Buy	669 +389	+139%	+$11.3K	﹤0.01%	774
2021 Q4	$8K	Buy	+280	New	+$7.12K	﹤0.01%	1013
2021 Q3	–	Sell	-2,346	Closed	-$57K	–	1452
2021 Q2	$57K	Buy	+2,346	New	+$59.7K	0.02%	430

Other funds holding NI

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

T. Rowe Price Investment Management Baltimore, Maryland $153B AUM 38.14% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

Deutsche Bank Frankfurt Am Main Ge, Germany $344B AUM 42.99% 1-Year Est. Return

Jennison Associates New York $167B AUM 44.17% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

Capital International Investors Los Angeles, California $484B AUM 34.9% 1-Year Est. Return

Dark Forest Capital Management's NI Position: Q3 2025 in Review

Dark Forest Capital Management sold out of NiSource (NI) in Q3 2025, closing a stake of 6,080 shares — an estimated $245K sold.

Dark Forest Capital Management first reported a position in NI in Q2 2021 and held it in 12 quarters. The position peaked at $4.14M in Q1 2024. 785 funds tracked by Wall St. Rank hold NI as of Q3 2025.

Dark Forest Capital Management reported no remaining NiSource position as of Q3 2025 after selling out during the quarter.
Dark Forest Capital Management sold 6,080 NiSource shares in Q3 2025, an estimated $245K.
Dark Forest Capital Management first reported a position in NiSource in Q2 2021 and held it in 12 quarters.
Dark Forest Capital Management's NiSource position peaked at $4.14M in Q1 2024.
785 funds tracked by Wall St. Rank held NiSource as of Q3 2025.

Based on Dark Forest Capital Management's 13F filing for Q3 2025, filed 14 Nov 2025.