NiSource
589 hedge funds and large institutions have $10.8B invested in NiSource in 2023 Q1 according to their latest regulatory filings, with 70 funds opening new positions, 236 increasing their positions, 165 reducing their positions, and 45 closing their positions.
56% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 45
43% more repeat investments, than reductions
Existing positions increased: 236 | Existing positions reduced: 165
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
3% more funds holding
Funds holding: 574 → 589 (+15)
4% more capital invested
Capital invested by funds: $10.4B → $10.8B (+$405M)
0.5% less ownership
Funds ownership: 94.47% → 93.97% (-0.5%)
8% less call options, than puts
Call options by funds: $7.23M | Put options by funds: $7.85M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$234M |
| 2 |
Jennison Associates
New York
|
+$157M |
| 3 |
Verition Fund Management
Greenwich,
Connecticut
|
+$38.8M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$33.5M |
| 5 |
ACG
Aventail Capital Group
New York
|
+$24.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$84.5M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$75.8M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$60.7M |
| 4 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$43M |
| 5 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$34.2M |
NI Hedge Fund Activity: Q1 2023 in Review
589 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in NiSource (NI) for Q1 2023, worth a combined $10.8B — up 3.9% from $10.4B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new NI positions and 45 closed out — a net gain of 25 holders — while 236 added to existing stakes and 165 trimmed.
The largest buyer was Barclays, adding an estimated $234M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $84.5M sold.
- 589 institutional investors held NiSource (NI) as of Q1 2023, up from 574 in Q4 2022.
- Funds reported $10.8B of NiSource stock for Q1 2023, up 3.9% quarter-over-quarter.
- 70 funds opened new NiSource positions in Q1 2023 and 45 closed out, a net change of +25 holders.
- The largest NiSource buyer in Q1 2023 was Barclays, an estimated $234M added.
- The largest NiSource seller in Q1 2023 was Balyasny Asset Management, an estimated $84.5M sold.
Based on aggregated 13F filings for Q1 2023.