NiSource
795 hedge funds and large institutions have $17.7B invested in NiSource in 2025 Q1 according to their latest regulatory filings, with 129 funds opening new positions, 297 increasing their positions, 240 reducing their positions, and 58 closing their positions.
122% more first-time investments, than exits
New positions opened: 129 | Existing positions closed: 58
24% more repeat investments, than reductions
Existing positions increased: 297 | Existing positions reduced: 240
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
8% more funds holding
Funds holding: 734 → 795 (+61)
7% more capital invested
Capital invested by funds: $16.5B → $17.7B (+$1.22B)
2.11% less ownership
Funds ownership: 96.15% → 94.05% (-2.1%)
35% less call options, than puts
Call options by funds: $10.4M | Put options by funds: $16M
Top Buyers
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$129M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$118M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$102M |
| 4 |
Goldman Sachs
New York
|
+$100M |
| 5 |
Alkeon Capital Management
New York
|
+$94.8M |
Top Sellers
| 1 |
Millennium Management
New York
|
-$300M |
| 2 |
JP Morgan Chase
New York
|
-$156M |
| 3 |
ECM
ExodusPoint Capital Management
New York
|
-$99.1M |
| 4 |
BlackRock
New York
|
-$90.7M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$85.7M |
NI Hedge Fund Activity: Q1 2025 in Review
795 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in NiSource (NI) for Q1 2025, worth a combined $17.7B — up 7.4% from $16.5B a quarter earlier.
Buyers outnumbered sellers: 129 funds opened new NI positions and 58 closed out — a net gain of 71 holders — while 297 added to existing stakes and 240 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $129M. The largest seller was Millennium Management, cutting an estimated $300M.
- 795 institutional investors held NiSource (NI) as of Q1 2025, up from 734 in Q4 2024.
- Funds reported $17.7B of NiSource stock for Q1 2025, up 7.4% quarter-over-quarter.
- 129 funds opened new NiSource positions in Q1 2025 and 58 closed out, a net change of +71 holders.
- The largest NiSource buyer in Q1 2025 was Bank of Montreal, an estimated $129M added.
- The largest NiSource seller in Q1 2025 was Millennium Management, an estimated $300M sold.
Based on aggregated 13F filings for Q1 2025.