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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
VI
826
Versor Investments
New York
-$229K -5,700 Closed
TCWM
827
Total Clarity Wealth Management
Illinois
-$204K -5,550 Closed
OR
828
Olympiad Research
Connecticut
-$212K -5,293 Closed
FCH
829
Freestone Capital Holdings
Washington
-$212K -5,283 Closed
TI
830
TrueMark Investments
Illinois
-$210K -5,247 Closed
MG
831
Mather Group
Illinois
-$208K -5,189 Closed
SWP
832
Stratos Wealth Partners
Ohio
-$208K -5,177 Closed
SOW
833
State of Wyoming
Wyoming
-$107K -2,671 Closed
Acadian Asset Management
834
Acadian Asset Management
Massachusetts
-$105K -2,631 Closed
BC
835
Bayforest Capital
United Kingdom
-$103K -2,559 Closed
FF
836
Friedenthal Financial
New Jersey
-$80.3K -2,003 Closed
QCG
837
Quadrant Capital Group
Ohio
-$76.7K -1,912 Closed
HIIFS
838
Harel Insurance Investments & Financial Services
Israel
-$76K -1,908 Closed
LWANC
839
Laurel Wealth Advisors (North Carolina)
North Carolina
-$43.7K -1,090 Closed
QC
840
Quent Capital
New York
-$40.2K -1,003 Closed
HCP
841
Hexagon Capital Partners
Arkansas
-$21K -524 Closed
RTC
842
Riverview Trust Company
Washington
-$20K -500 Closed
PPC
843
Park Place Capital
Alabama
-$17.7K -441 Closed
BCMLT
844
Beacon Capital Management LLC (Tennessee)
Tennessee
-$14.4K -359 Closed
GWM
845
Graybill Wealth Management
Illinois
-$12K -300 Closed
SCB
846
Saudi Central Bank
Saudi Arabia
-$7.38K -184 Closed
FAM
847
Flaharty Asset Management
Florida
-$4.41K -110 Closed
CWC
848
Carolinas Wealth Consulting
North Carolina
-$4.01K -100 Closed
GJIA
849
Glass Jacobson Investment Advisors
Maryland
-$2.06K -56 Closed
BDPWM
850
Barnes Dennig Private Wealth Management
Ohio
-$2.17K -54 Closed

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.