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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
PCTC
651
Perkins Coie Trust Company
Washington
$21K -$314 -8 -2%
BONH
652
Bank of New Hampshire
New Hampshire
$20.2K
FDCP
653
Foster Dykema Cabot & Partners
Massachusetts
$20.2K
SIC
654
Salem Investment Counselors
North Carolina
$20.2K
SWIM
655
Smallwood Wealth Investment Management
New Jersey
$20.2K
VWA
656
VSM Wealth Advisory
Maryland
$18.6K
MMG
657
Monetary Management Group
Missouri
$18.4K
C
658
Covestor
United Kingdom
$18K -$8.74K -223 -34%
CTC
659
Central Trust Company
Missouri
$17.8K -$941 -24 -5%
KTC
660
Kentucky Trust Company
Kentucky
$17.1K
BGAI
661
Bruce G. Allen Investments
Colorado
$17.1K -$431 -11 -3%
FA
662
Financial Avengers
California
$16.6K +$118 +3 +0.7%
WB
663
Webster Bank
Connecticut
$16.5K +$3.1K +79 +24%
MSG
664
Main Street Group
Virginia
$16.1K
WWM
665
Wolff Wiese Magana
California
$15.9K
TCM
666
TruNorth Capital Management
Michigan
$15.4K
KFI
667
Key Financial Inc
Pennsylvania
$15.2K
STB
668
S&T Bank
Pennsylvania
$15K +$1.8K +46 +14%
PGAM
669
Princeton Global Asset Management
New Jersey
$15K +$14.6K +372 New
NC
670
NewSquare Capital
Pennsylvania
$14.8K +$1.37K +35 +11%
WSFS
671
Wilmington Savings Fund Society
Delaware
$14K
GBT
672
Grove Bank & Trust
Florida
$13.4K +$392 +10 +3%
JWA
673
JFS Wealth Advisors
Pennsylvania
$13.3K -$627 -16 -5%
PMFA
674
Plante Moran Financial Advisors
Michigan
$13K -$35.3K -901 -74%
SSG
675
Summit Securities Group
New York
$12.8K +$12.4K +317 New

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.