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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
VA
401
Vident Advisory
Georgia
$712K +$221K +5,632 +47%
I
402
InceptionR
California
$706K -$9.14K -233 -1%
PMA
403
Prudent Man Advisors
Illinois
$697K +$1.18K +30 +0.2%
MML Investors Services
404
MML Investors Services
Massachusetts
$690K -$2.31K -59 -0.3%
CSP
405
Cary Street Partners
Virginia
$685K +$138K +3,524 +26%
DB
406
Danske Bank
Denmark
$681K +$161K +4,100 +32%
LP
407
LMR Partners
United Kingdom
$674K +$449K +11,446 +217%
NEI
408
Northwest & Ethical Investments
Ontario, Canada
$674K
Jacobs Levy Equity Management
409
Jacobs Levy Equity Management
New Jersey
$673K -$40.2K -1,024 -6%
JIC
410
Johnson Investment Counsel
Ohio
$665K -$7.45K -190 -1%
KWM
411
Kiker Wealth Management
Georgia
$662K +$371K +9,454 +136%
OAM
412
Oppenheimer Asset Management
New York
$661K -$66.2K -1,688 -9%
KeyBank National Association
413
KeyBank National Association
Ohio
$660K +$39.5K +1,007 +7%
AAS
414
Annex Advisory Services
Wisconsin
$658K +$15.7K +400 +3%
VWM
415
Venturi Wealth Management
Texas
$654K -$77.9K -1,986 -11%
HB
416
Horizon Bancorp
Indiana
$653K
SAM
417
Strategy Asset Managers
California
$650K -$19K -485 -3%
AMI
418
Amica Mutual Insurance
Rhode Island
$649K
VI
419
Vestcor Inc
New Brunswick, Canada
$631K -$130K -3,326 -18%
ASN
420
Advisory Services Network
Georgia
$625K +$196K +4,992 +51%
CAG
421
Csenge Advisory Group
Florida
$625K -$40.4K -1,031 -6%
CIM
422
Contravisory Investment Management
Massachusetts
$612K -$6.08K -155 -1%
CB
423
Commerce Bank
Missouri
$607K +$29.1K +741 +5%
NMIMC
424
Northwestern Mutual Investment Management Company
Wisconsin
$606K +$2.67K +68 +0.5%
SC
425
Savant Capital
Illinois
$596K +$42.5K +1,085 +8%

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.