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
Ohio Public Employees Retirement System (OPERS)
176
Ohio Public Employees Retirement System (OPERS)
Ohio
$6.64M -$100K -2,553 -2%
AAS
177
Avantax Advisory Services
Texas
$6.44M +$22.8K +582 +0.4%
RAM
178
Resona Asset Management
Japan
$6.4M +$415K +10,591 +7%
OQS
179
Occudo Quantitative Strategies
Florida
$6.39M +$6.21M +158,371 New
BG
180
Bollard Group
Massachusetts
$6.36M +$273K +6,958 +5%
QCM
181
Quantinno Capital Management
New York
$6.29M +$1.03M +26,186 +20%
Nomura Asset Management
182
Nomura Asset Management
Japan
$6.16M +$64.8K +1,653 +1%
First Manhattan
183
First Manhattan
New York
$6.16M -$264K -6,722 -4%
BF
184
BOK Financial
Oklahoma
$6.11M -$27.3K -695 -0.5%
Osaic Holdings
185
Osaic Holdings
Arizona
$6.06M +$3.73M +95,233 +171%
RC
186
Resolution Capital
Australia
$6M +$5.83M +148,744 New
Janney Montgomery Scott
187
Janney Montgomery Scott
Pennsylvania
$6M +$4M +101,939 +218%
DILIC
188
Dai-ichi Life Insurance Company
Japan
$5.97M -$740K -18,875 -11%
PP
189
Prudential plc
United Kingdom
$5.81M +$5.24M +133,587 +1,276%
FFM
190
Fisher Funds Management
New Zealand
$5.62M -$3.63M -92,589 -40%
AA
191
ALPS Advisors
Colorado
$5.59M +$396K +10,106 +8%
ASRS
192
Arizona State Retirement System
Arizona
$5.55M +$101K +2,565 +2%
KCM
193
Kennedy Capital Management
Missouri
$5.5M +$1.69M +43,195 +46%
AM
194
AGF Management
Ontario, Canada
$5.37M +$1.6M +40,845 +44%
AIM
195
Ausbil Investment Management
Australia
$5.37M -$1.97M -50,330 -27%
Millennium Management
196
Millennium Management
New York
$5.35M -$51.5M -1,313,876 -91%
Nisa Investment Advisors
197
Nisa Investment Advisors
Missouri
$5.32M -$182K -4,651 -3%
NS
198
NBC Securities
Alabama
$5.3M +$115K +2,924 +2%
American Century Companies
199
American Century Companies
Missouri
$5.26M -$2.82M -71,800 -36%
Comerica Bank
200
Comerica Bank
Texas
$5.24M -$125K -3,186 -2%

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.