NiSource
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.
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: 796 → 774 (-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: 8 → 3 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$655M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$77.7M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$69.1M |
| 4 |
SCP
Soroban Capital Partners
New York
|
+$59.5M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$45.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$83.6M |
| 2 |
Goldman Sachs
New York
|
-$76.5M |
| 3 |
JP Morgan Chase
New York
|
-$65.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$57.1M |
| 5 |
Millennium Management
New York
|
-$51.5M |
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.