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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
TCM
626
Traub Capital Management
Massachusetts
$39.1K +$38K +970 New
CAWM
627
Capital A Wealth Management
Pennsylvania
$38.9K +$54.6K +1,393 +1,962%
LCM
628
Logan Capital Management
Pennsylvania
$35.9K
MPWT
629
MassMutual Private Wealth & Trust
Connecticut
$35.8K +$4.82K +123 +16%
AAS
630
Ameritas Advisory Services
Nebraska
$32.1K +$31.2K +795 New
FCT
631
First Community Trust
Iowa
$31.9K
CTA
632
Colonial Trust Advisors
South Carolina
$30.3K
PFBT
633
Parkside Financial Bank & Trust
Missouri
$30K +$2.9K +74 +11%
CPCPP
634
Canada Post Corporation Pension Plan
Canada
$29.3K +$28.5K +726 New
RF
635
Rossby Financial
Florida
$28.4K -$41.2K -1,050 -60%
CTB
636
Country Trust Bank
Illinois
$28.2K
HFS
637
Hantz Financial Services
Michigan
$28K +$26.2K +667 +2,668%
SWM
638
Spire Wealth Management
Virginia
$27.6K -$10.9K -279 -29%
CSPIA
639
Cary Street Partners Investment Advisory
Virginia
$27.6K +$6.31K +161 +31%
DMBA
640
Deseret Mutual Benefit Administrators
Utah
$26.3K
BC
641
Barrett & Company
Rhode Island
$26.2K
MCM
642
Manchester Capital Management
Vermont
$25.8K -$196 -5 -0.8%
CA
643
Crewe Advisors
Utah
$25.8K +$11.9K +304 +91%
Kayne Anderson Rudnick Investment Management
644
Kayne Anderson Rudnick Investment Management
California
$25.6K
AF
645
Advisornet Financial
Minnesota
$24.6K -$471 -12 -2%
WBC
646
West Branch Capital
Massachusetts
$24.3K +$78 +2 +0.3%
CT
647
Caldwell Trust
Florida
$24K
GA
648
GoalVest Advisory
New York
$23K +$22.2K +566 +14,150%
TPWA
649
Twin Peaks Wealth Advisors
California
$22.1K +$20.5K +522 New
LI
650
LRI Investments
Florida
$21.5K

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.