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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
FHA
701
First Horizon Advisors
Tennessee
$6.86K +$902 +23 +16%
ST
702
Smithfield Trust
Pennsylvania
$6K
EPW
703
Evergreen Private Wealth
Colorado
$5.89K +$5.72K +146 New
PB
704
Pinnacle Bancorp
Nebraska
$5.57K -$2.59K -66 -32%
SC
705
Solstein Capital
California
$5.49K +$5.33K +136 New
FMP
706
Financial Management Professionals
Texas
$5.2K
TWD
707
True Wealth Design
Ohio
$5.16K +$510 +13 +11%
M
708
MOTCO
Texas
$5.09K -$8.31K -212 -64%
WA
709
WPG Advisers
Maryland
$4.84K +$510 +13 +12%
GEA
710
Glen Eagle Advisors
New Jersey
$4.75K
BCWM
711
Bartlett & Co Wealth Management
Ohio
$4.72K
MLA
712
MB, Levis & Associates
Pennsylvania
$4.66K
AG
713
AmeriFlex Group
Nevada
$4.55K +$1.25K +32 +39%
CPG
714
Cornerstone Planning Group
New Jersey
$4.39K -$1.84K -47 -32%
Group One Trading
715
Group One Trading
Illinois
$4.12K -$152K -3,880 -97%
TCM
716
TD Capital Management
Tennessee
$4.08K +$39 +1 +1%
HHMI
717
Howard Hughes Medical Institute
Maryland
$4.07K +$3.96K +101 New
MCM
718
MV Capital Management
Maryland
$4.03K -$549 -14 -12%
GSWM
719
Golden State Wealth Management
California
$3.71K
Q1WB
720
Quest 10 Wealth Builders
Virginia
$3.67K
RFA
721
Reyes Financial Architecture
California
$3.63K
RAM
722
Riggs Asset Management
Pennsylvania
$3.47K
WPA
723
Wealth Preservation Advisors
Tennessee
$3.31K
SO
724
Sierra Ocean
California
$3.23K
AUB
725
Atlantic Union Bankshares
Virginia
$3.15K +$3.06K +78 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.