We are live on ! Find out more

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
WA
151
Waverly Advisors
Alabama
$8.52M +$799K +20,378 +11%
MIM
152
MetLife Investment Management
New Jersey
$8.46M +$236K +6,027 +3%
Squarepoint
153
Squarepoint
New York
$8.37M +$1.76M +44,822 +28%
Toronto Dominion Bank
154
Toronto Dominion Bank
Ontario, Canada
$8.35M +$700K +17,863 +9%
DnB Asset Management
155
DnB Asset Management
Norway
$8.35M -$7.72M -196,996 -49%
Mitsubishi UFJ Trust & Banking
156
Mitsubishi UFJ Trust & Banking
Japan
$8.2M -$5.27M -134,389 -40%
BL
157
BFSG LLC
California
$8.16M -$7.41K -189 -0.1%
WTB
158
Washington Trust Bank
Washington
$8.02M +$424K +10,819 +6%
Universal-Beteiligungs- und Servicegesellschaft
159
Universal-Beteiligungs- und Servicegesellschaft
Germany
$8.01M +$70.8K +1,806 +0.9%
Commonwealth Equity Services
160
Commonwealth Equity Services
Massachusetts
$7.89M -$35.4K -902 -0.5%
IIM
161
INTECH Investment Management
Florida
$7.85M +$2.49M +63,490 +48%
AWM
162
AE Wealth Management
Kansas
$7.71M -$12.9M -328,186 -63%
GAM
163
Gotham Asset Management
New York
$7.58M -$2.3M -58,666 -24%
PCM
164
Polymer Capital Management
New York
$7.38M +$118K +3,000 +2%
MF
165
Magnetar Financial
Illinois
$7.38M +$4.75M +121,043 +196%
Jones Financial Companies
166
Jones Financial Companies
Missouri
$7.31M +$1.12M +28,448 +18%
BS
167
Banco Santander
Spain
$7.28M
PFSRSONJ
168
Police & Firemen's Retirement System of New Jersey
New Jersey
$7.22M +$366K +9,339 +6%
ZIM
169
Zacks Investment Management
Illinois
$7.13M +$40K +1,021 +0.6%
DekaBank Deutsche Girozentrale
170
DekaBank Deutsche Girozentrale
Germany
$7.09M +$9.61K +245 +0.1%
IMPI
171
Ilmarinen Mutual Pension Insurance
Finland
$6.92M +$216K +5,500 +3%
II
172
IFM Investors
Australia
$6.78M +$189K +4,817 +3%
MOACM
173
Mutual of America Capital Management
New York
$6.77M +$3.44M +87,660 +109%
Stifel Financial
174
Stifel Financial
Missouri
$6.75M -$2.17M -55,391 -25%
WCM
175
Wedge Capital Management
North Carolina
$6.67M -$249K -6,344 -4%

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.