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774 hedge funds and large institutions have $18.3B invested in NiSource in 2025 Q2 according to their latest regulatory filings, with 72 funds opening new positions, 327 increasing their positions, 253 reducing their positions, and 84 closing their positions.

New
Increased
Maintained
Reduced
Closed

29% more repeat investments, than reductions

Existing positions increased: 327 | Existing positions reduced: 253

2.37% more ownership

Funds ownership: 94.05%96.41% (+2.4%)

3% more capital invested

Capital invested by funds: $17.7B → $18.3B (+$587M)

3% less funds holding

Funds holding: 796774 (-22)

14% less first-time investments, than exits

New positions opened: 72 | Existing positions closed: 84

39% less call options, than puts

Call options by funds: $9.8M | Put options by funds: $16M

63% less funds holding in top 10

Funds holding in top 10: 83 (-5)

Holders
774
Holders Change
-22
Holders Change %
-2.76%
% of All Funds
10.19%
Holding in Top 10
3
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-62.5%
% of All Funds
0.04%
New
72
Increased
327
Reduced
253
Closed
84
Calls
$9.8M
Puts
$16M
Net Calls
-$6.25M
Net Calls Change
-$660K
Name Holding Trade Value Shares
Change
Change in
Stake
VEA
376
Virtus ETF Advisers
New York
$844K
TBA
377
Tower Bridge Advisors
Pennsylvania
$843K +$820K +20,900 New
ECM
378
Everence Capital Management
Indiana
$839K +$33.3K +850 +4%
MOS
379
MGO One Seven
Ohio
$820K +$256K +6,520 +47%
V
380
VeraBank
Texas
$813K +$790K +20,157 New
CIC
381
Cornercap Investment Counsel
Georgia
$811K -$17.6K -448 -2%
SACTSONJ
382
Supplemental Annuity Collective Trust (SACT) of New Jersey
New Jersey
$807K
HP
383
Hartree Partners
New York
$807K +$784K +20,000 New
Nomura Holdings
384
Nomura Holdings
Japan
$789K +$185K +4,711 +32%
TMAM
385
Tokio Marine Asset Management
Japan
$784K +$61.7K +1,573 +9%
QCM
386
QRG Capital Management
Illinois
$780K -$211K -5,393 -22%
PCM
387
Prelude Capital Management
New York
$779K +$554K +14,140 +273%
TT
388
TI-Trust
Illinois
$764K
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
389
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$757K +$517K +13,175 +235%
AI
390
Atria Investments
North Carolina
$752K +$142K +3,631 +24%
VFA
391
Valeo Financial Advisors
Indiana
$746K +$15.8K +402 +2%
SCI
392
Stableford Capital II
Arizona
$741K
CGH
393
Crossmark Global Holdings
Texas
$740K -$46.6K -1,189 -6%
CA
394
Crumly & Associates
Illinois
$737K +$10.4K +265 +1%
LFAS
395
Level Four Advisory Services
Texas
$733K -$3.37K -86 -0.5%
Northwestern Mutual Wealth Management
396
Northwestern Mutual Wealth Management
Wisconsin
$731K +$24.8K +633 +4%
BFG
397
Bleakley Financial Group
New Jersey
$729K -$3.92K -100 -0.6%
MCM
398
MAI Capital Management
Ohio
$716K -$23.4K -596 -3%
STA
399
Summit Trail Advisors
New York
$716K +$695K +17,737 New
TI
400
Tidal Investments
Wisconsin
$712K -$68.7K -1,753 -9%

NI Hedge Fund Activity: Q2 2025 in Review

774 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in NiSource (NI) for Q2 2025, worth a combined $18.3B — up 3.3% from $17.7B a quarter earlier.

Sellers outnumbered buyers: 84 funds closed out of NI and 72 opened new positions — a net loss of 12 holders — while 253 trimmed existing stakes and 327 added.

The largest buyer was T. Rowe Price Investment Management, adding an estimated $655M. The largest seller was Wellington Management Group, cutting an estimated $83.6M.

  • 774 institutional investors held NiSource (NI) as of Q2 2025, down from 796 in Q1 2025.
  • Funds reported $18.3B of NiSource stock for Q2 2025, up 3.3% quarter-over-quarter.
  • 72 funds opened new NiSource positions in Q2 2025 and 84 closed out, a net change of -12 holders.
  • The largest NiSource buyer in Q2 2025 was T. Rowe Price Investment Management, an estimated $655M added.
  • The largest NiSource seller in Q2 2025 was Wellington Management Group, an estimated $83.6M sold.

Based on aggregated 13F filings for Q2 2025.