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NiSource

784 hedge funds and large institutions have $19.3B invested in NiSource in 2025 Q3 according to their latest regulatory filings, with 99 funds opening new positions, 272 increasing their positions, 272 reducing their positions, and 77 closing their positions.

New
Increased
Maintained
Reduced
Closed

167% more funds holding in top 10

Funds holding in top 10: 38 (+5)

129% more call options, than puts

Call options by funds: $171M | Put options by funds: $74.4M

29% more first-time investments, than exits

New positions opened: 99 | Existing positions closed: 77

5% more capital invested

Capital invested by funds: $18.3B → $19.3B (+$973M)

1% more funds holding

Funds holding: 773784 (+11)

0% more repeat investments, than reductions

Existing positions increased: 272 | Existing positions reduced: 272

1.87% less ownership

Funds ownership: 96.41%94.54% (-1.9%)

Holders
784
Holders Change
+11
Holders Change %
+1.42%
% of All Funds
10.29%
Holding in Top 10
8
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+166.67%
% of All Funds
0.11%
New
99
Increased
272
Reduced
272
Closed
77
Calls
$171M
Puts
$74.4M
Net Calls
+$96.1M
Net Calls Change
+$102M
Name Holding Trade Value Shares
Change
Change in
Stake
SLG
826
Stanley-Laman Group
Pennsylvania
-$243K -6,036 Closed
EC
827
EntryPoint Capital
New York
-$227K -5,621 Closed
TCA
828
Transcend Capital Advisors
New Jersey
-$223K -5,538 Closed
D.E. Shaw & Co
829
D.E. Shaw & Co
New York
-$218K -5,413 Closed
BC
830
Bridgefront Capital
Texas
-$216K -5,346 Closed
RCAG
831
Rehmann Capital Advisory Group
Michigan
-$211K -5,235 Closed
CGL
832
Clarius Group LLC
Washington
-$209K -5,191 Closed
TSMHT
833
Thurston Springer Miller Herd & Titak
Indiana
-$103K -2,544 Closed
Lazard Asset Management
834
Lazard Asset Management
New York
-$97K -2,428 Closed
IIM
835
Intact Investment Management
Quebec, Canada
-$80.7K -2,000 Closed
BIG
836
Brooklyn Investment Group
New York
-$75.6K -1,875 Closed
BA
837
Bellwether Advisors
Nebraska
-$60.7K -1,505 Closed
TCM
838
Traub Capital Management
Massachusetts
-$39.1K -970 Closed
TPWA
839
Twin Peaks Wealth Advisors
California
-$22.1K -522 Closed
NC
840
NewSquare Capital
Pennsylvania
-$14.8K -367 Closed
WSFS
841
Wilmington Savings Fund Society
Delaware
-$14K -347 Closed
T
842
Transce3nd
Texas
-$10.3K -255 Closed
PSFG
843
Park Square Financial Group
Georgia
-$8.27K -205 Closed
T
844
TOBAM
France
-$8K -196 Closed
BFP
845
Briaud Financial Planning
Texas
-$7K -190 Closed
WA
846
Whipplewood Advisors
Colorado
-$7.42K -184 Closed
EPW
847
Evergreen Private Wealth
Colorado
-$5.89K -146 Closed
PB
848
Pinnacle Bancorp
Nebraska
-$5.57K -138 Closed
AG
849
AmeriFlex Group
Nevada
-$4.55K -115 Closed
Group One Trading
850
Group One Trading
Illinois
-$4.22K -102 Closed

NI Hedge Fund Activity: Q3 2025 in Review

784 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in NiSource (NI) for Q3 2025, worth a combined $19.3B — up 5.3% from $18.3B a quarter earlier.

Buyers outnumbered sellers: 99 funds opened new NI positions and 77 closed out — a net gain of 22 holders — while 272 added to existing stakes and 272 trimmed.

The largest buyer was Zimmer Partners, adding an estimated $232M. The largest seller was Bank of Montreal, cutting an estimated $112M.

  • 784 institutional investors held NiSource (NI) as of Q3 2025, up from 773 in Q2 2025.
  • Funds reported $19.3B of NiSource stock for Q3 2025, up 5.3% quarter-over-quarter.
  • 99 funds opened new NiSource positions in Q3 2025 and 77 closed out, a net change of +22 holders.
  • The largest NiSource buyer in Q3 2025 was Zimmer Partners, an estimated $232M added.
  • The largest NiSource seller in Q3 2025 was Bank of Montreal, an estimated $112M sold.

Based on aggregated 13F filings for Q3 2025.