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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
CL
501
Choreo LLC
Illinois
$309K -$16.5K -422 -5%
SFP
502
Shepherd Financial Partners
Massachusetts
$309K +$11.2K +285 +4%
SOS
503
Silver Oak Securities
Tennessee
$305K -$41.7K -1,064 -12%
OIS
504
OneAscent Investment Solutions
Alabama
$305K -$52.8K -1,346 -15%
SCM
505
Stevens Capital Management
Pennsylvania
$303K +$295K +7,518 New
MWM
506
Modern Wealth Management
Kansas
$303K +$2.04K +52 +0.7%
AWA
507
Arkadios Wealth Advisors
Georgia
$302K +$47.5K +1,211 +19%
CIA
508
Capital Investment Advisors
Georgia
$300K +$8.2K +209 +3%
QC
509
Quaero Capital
Switzerland
$293K +$285K +7,267 New
LNWWM
510
Laird Norton Wetherby Wealth Management
California
$291K +$283K +7,225 New
National Pension Service
511
National Pension Service
South Korea
$291K +$219K +5,581 +340%
LAM
512
Longboard Asset Management
Arizona
$290K
S
513
SignatureFD
Georgia
$289K +$10.7K +272 +4%
KAS
514
Kestra Advisory Services
Texas
$287K +$41K +1,045 +17%
HAG
515
HighPoint Advisor Group
Illinois
$285K +$11K +281 +4%
HP
516
Hilltop Partners
Indiana
$278K
SF
517
Summit Financial
New Jersey
$275K +$3.96K +101 +2%
DJSG
518
D.J. St. Germain
Massachusetts
$273K +$250K +6,364 +1,591%
JCM
519
Jacobi Capital Management
Pennsylvania
$271K +$274 +7 +0.1%
RAM
520
Redmond Asset Management
Virginia
$269K
MPM
521
MBB Public Markets
Illinois
$264K -$57.6K -1,470 -18%
N
522
Natixis
France
$263K -$15M -383,086 -98%
FHA
523
Flagship Harbor Advisors
Massachusetts
$263K -$11.7K -298 -4%
SFI
524
Siemens Fonds Invest
Germany
$260K +$42.3K +1,080 +20%
LRWA
525
Long Run Wealth Advisors
New York
$258K +$53.4K +1,361 +27%

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.