NiSource
403 hedge funds and large institutions have $8.82B invested in NiSource in 2014 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 146 increasing their positions, 154 reducing their positions, and 24 closing their positions.
313% more call options, than puts
Call options by funds: $80.1M | Put options by funds: $19.4M
100% more funds holding in top 10
Funds holding in top 10: 5 → 10 (+5)
33% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 24
9% more capital invested
Capital invested by funds: $8.12B → $8.82B (+$698M)
1% more funds holding
Funds holding: 398 → 403 (+5)
0.04% less ownership
Funds ownership: 201.79% → 201.75% (-0.04%)
5% less repeat investments, than reductions
Existing positions increased: 146 | Existing positions reduced: 154
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$75.6M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$51.3M |
| 3 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$43.6M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
+$25.6M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$25.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$71.5M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
-$55.1M |
| 3 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$37M |
| 4 |
Axa
Paris,
France
|
-$33.6M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$27.4M |
NI Hedge Fund Activity: Q1 2014 in Review
403 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in NiSource (NI) for Q1 2014, worth a combined $8.82B — up 8.6% from $8.12B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new NI positions and 24 closed out — a net gain of 8 holders — while 146 added to existing stakes and 154 trimmed.
The largest buyer was Millennium Management, adding an estimated $75.6M. The largest seller was Cramer Rosenthal McGlynn, cutting an estimated $71.5M.
- 403 institutional investors held NiSource (NI) as of Q1 2014, up from 398 in Q4 2013.
- Funds reported $8.82B of NiSource stock for Q1 2014, up 8.6% quarter-over-quarter.
- 32 funds opened new NiSource positions in Q1 2014 and 24 closed out, a net change of +8 holders.
- The largest NiSource buyer in Q1 2014 was Millennium Management, an estimated $75.6M added.
- The largest NiSource seller in Q1 2014 was Cramer Rosenthal McGlynn, an estimated $71.5M sold.
Based on aggregated 13F filings for Q1 2014.