Ray Dalio
NI icon

Ray Dalio’s NiSource NI Stock Holding History

Ray Dalio’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
Q4 		– Sell
-9,786
Closed -$424K – 1139
2025
Q3 		$424K Buy
+9,786
New +$405K ﹤0.01% 945
2024
Q4 		– Sell
-207,121
Closed -$7.18M – 790
2024
Q3 		$7.18M Buy
+207,121
New +$6.61M 0.04% 311
2024
Q1 		– Sell
-53,012
Closed -$1.41M – 765
2023
Q4 		$1.41M Buy
+53,012
New +$1.36M 0.01% 585
2023
Q1 		– Sell
-44,137
Closed -$1.21M – 837
2022
Q4 		$1.21M Buy
44,137
+1,837
+4% +$48.3K 0.01% 621
2022
Q3 		$1.07M Sell
42,300
-5,542
-12% -$163K 0.01% 692
2022
Q2 		$1.41M Sell
47,842
-1,635
-3% -$49.5K 0.01% 744
2022
Q1 		$1.57M Buy
49,477
+27,452
+125% +$797K 0.01% 728
2021
Q4 		$608K Buy
+22,025
New +$560K ﹤0.01% 624
2020
Q2 		– Sell
-11,670
Closed -$291K – 471
2020
Q1 		$291K Buy
+11,670
New +$323K 0.01% 345

Other funds holding NI

Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
T. Rowe Price Investment Management
T. Rowe Price Investment Management Baltimore, Maryland $145B AUM 22.78% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return
Deutsche Bank
Deutsche Bank Frankfurt Am Main Ge, Germany $344B AUM 42.99% 1-Year Est. Return
Jennison Associates
Jennison Associates New York $167B AUM 44.17% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return
Capital International Investors
Capital International Investors Los Angeles, California $427B AUM 29.17% 1-Year Est. Return
Norges Bank
Norges Bank Oslo, Norway $935B AUM

Ray Dalio's NI Position: Q4 2025 in Review

Ray Dalio sold out of NiSource (NI) in Q4 2025, closing a stake of 9,786 shares — an estimated $424K sold.

Ray Dalio first reported a position in NI in Q1 2020 and held it in 9 quarters. The position peaked at $7.18M in Q3 2024. 835 funds tracked by Wall St. Rank hold NI as of Q4 2025.

  • Ray Dalio reported no remaining NiSource position as of Q4 2025 after selling out during the quarter.
  • Ray Dalio sold 9,786 NiSource shares in Q4 2025, an estimated $424K.
  • Ray Dalio first reported a position in NiSource in Q1 2020 and held it in 9 quarters.
  • Ray Dalio's NiSource position peaked at $7.18M in Q3 2024.
  • 835 funds tracked by Wall St. Rank held NiSource as of Q4 2025.

Based on Bridgewater Associates's 13F filing for Q4 2025, filed 13 Feb 2026.