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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
SA
526
Skyline Advisors
Washington
$257K -$314 -8 -0.1%
AIC
527
Aurora Investment Counsel
Georgia
$257K -$72.9K -1,858 -23%
IA
528
IFP Advisors
Florida
$256K -$113K -2,874 -69%
CW
529
CreativeOne Wealth
Kansas
$256K +$2.27K +58 +0.9%
GI
530
GAMCO Investors
Connecticut
$254K
EWA
531
EverSource Wealth Advisors
Alabama
$253K +$83.7K +2,135 +52%
AB
532
ANB Bank
Colorado
$251K -$5.25K -134 -2%
DFCM
533
Dark Forest Capital Management
Puerto Rico
$245K -$2.59M -65,971 -92%
VT
534
Vise Technologies
New York
$245K +$238K +6,074 New
SLG
535
Stanley-Laman Group
Pennsylvania
$243K +$32K +815 +16%
PP
536
PDS Planning
Ohio
$243K +$7.8K +199 +3%
EA
537
Evolution Advisers
Virginia
$239K
CAM
538
Cresset Asset Management
Illinois
$238K -$69.1K -1,761 -23%
WIA
539
Wetzel Investment Advisors
Indiana
$235K
BJL
540
Brighton Jones LLC
Washington
$235K +$30.3K +772 +15%
SFS
541
Sowell Financial Services
Arkansas
$233K -$31.3K -797 -12%
AAP
542
Arax Advisory Partners
Colorado
$233K +$11.6K +295 +5%
MSFP
543
Mark Sheptoff Financial Planning
Connecticut
$232K +$9.8K +250 +5%
FWIA
544
Fort Washington Investment Advisors
Ohio
$231K -$39.2K -1,000 -15%
TRCT
545
Tower Research Capital (TRC)
New York
$231K -$674K -17,191 -75%
EF
546
Empowered Funds
Pennsylvania
$231K +$224K +5,716 New
WS
547
Wedbush Securities
California
$230K
WTA
548
Washington Trust Advisors
Massachusetts
$229K
KIA
549
Knollwood Investment Advisory
Maryland
$229K
CFG
550
Cooper Financial Group
California
$229K -$2.75K -70 -1%

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.