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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
SMA
476
Sage Mountain Advisors
Georgia
$354K +$121K +3,080 +54%
UCFA
477
United Capital Financial Advisors
Texas
$350K +$7.72K +197 +2%
WIA
478
World Investment Advisors
California
$350K +$17.4K +445 +5%
IWM
479
IHT Wealth Management
Illinois
$348K +$510 +13 +0.2%
Vontobel Holding
480
Vontobel Holding
Switzerland
$347K -$1.84K -47 -0.5%
AssetMark Inc
481
AssetMark Inc
California
$341K +$234K +5,956 +239%
AWS
482
Atria Wealth Solutions
New York
$340K -$446K -11,375 -57%
EI
483
Ethic Inc
New York
$340K +$72.6K +1,851 +28%
IWC
484
Integrated Wealth Concepts
Massachusetts
$337K -$225K -5,730 -41%
RFC
485
Regions Financial Corp
Alabama
$337K -$6.59K -168 -2%
PSP
486
Principal Street Partners
Tennessee
$334K +$5.72K +146 +2%
3IP
487
3Chopt Investment Partners
Virginia
$333K +$14.1K +359 +5%
MFIM
488
Mesirow Financial Investment Management
Illinois
$333K +$6.08K +155 +2%
GWM
489
Geneos Wealth Management
Colorado
$330K -$518K -13,212 -62%
MFG
490
Merit Financial Group
Georgia
$330K +$25.4K +649 +9%
BFC
491
Bedel Financial Consulting
Indiana
$329K
BBHC
492
Brown Brothers Harriman & Co
New York
$328K +$16.1K +411 +5%
HKIMG
493
Hutchens & Kramer Investment Management Group
Indiana
$323K
BHPW
494
Beverly Hills Private Wealth
California
$323K -$36K -918 -10%
JWCA
495
J.W. Cole Advisors
Florida
$323K +$15.3K +390 +5%
LK
496
Lumbard & Kellner
New Hampshire
$323K
DTL
497
Dynamic Technology Lab
Singapore
$318K -$1.76M -44,864 -85%
I
498
INVST
Indiana
$316K +$12.5K +320 +4%
HFM
499
Harvest Fund Management
China
$310K -$659K -16,809 -69%
NW
500
NewEdge Wealth
Pennsylvania
$310K +$2.67K +68 +0.9%

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.