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NiSource

398 hedge funds and large institutions have $8.12B invested in NiSource in 2013 Q4 according to their latest regulatory filings, with 55 funds opening new positions, 127 increasing their positions, 152 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,295% more call options, than puts

Call options by funds: $102M | Put options by funds: $7.28M

112% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 26

7% more funds holding

Funds holding: 372398 (+26)

5% more capital invested

Capital invested by funds: $7.71B → $8.12B (+$407M)

2.87% less ownership

Funds ownership: 204.66%201.79% (-2.9%)

16% less repeat investments, than reductions

Existing positions increased: 127 | Existing positions reduced: 152

17% less funds holding in top 10

Funds holding in top 10: 65 (-1)

Holders
398
Holders Change
+26
Holders Change %
+6.99%
% of All Funds
11.55%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.15%
New
55
Increased
127
Reduced
152
Closed
26
Calls
$102M
Puts
$7.28M
Net Calls
+$94.3M
Net Calls Change
+$31.7M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$810M +$86.7M +6,993,558 +13%
Vanguard Group
2
Vanguard Group
Pennsylvania
$711M +$14.7M +1,186,127 +2%
JP Morgan Chase
3
JP Morgan Chase
New York
$672M +$13.9M +1,117,240 +2%
State Street
4
State Street
Massachusetts
$497M -$10.9M -877,223 -2%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$360M +$12.9M +1,037,976 +4%
Deutsche Bank
6
Deutsche Bank
Germany
$360M +$75.7M +6,103,697 +28%
BIT
7
BlackRock Institutional Trust
California
$266M -$12.1M -977,598 -5%
BFA
8
BlackRock Fund Advisors
California
$225M -$1.78M -143,644 -0.8%
PAMU
9
Pictet Asset Management (UK)
United Kingdom
$176M +$83.5M +6,734,882 +98%
MCM
10
Munder Capital Management
Michigan
$143M -$1.08M -86,985 -0.8%
Northern Trust
11
Northern Trust
Illinois
$132M -$408K -32,894 -0.3%
CRM
12
Cramer Rosenthal McGlynn
Connecticut
$131M -$63.6M -5,126,536 -34%
Neuberger Berman Group
13
Neuberger Berman Group
New York
$123M -$10.1M -814,087 -8%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$122M -$14.4M -1,164,223 -11%
MHI
15
Miller Howard Investments
New York
$114M -$1.08M -87,098 -1%
Millennium Management
16
Millennium Management
New York
$113M -$23.6M -1,900,301 -18%
Jennison Associates
17
Jennison Associates
New York
$89.6M +$4.44M +357,921 +5%
Massachusetts Financial Services
18
Massachusetts Financial Services
Massachusetts
$87.3M -$11.2M -907,088 -12%
JHIU
19
Janus Henderson Investors US
Colorado
$86.7M +$19.5M +1,569,212 +30%
BC
20
Brookfield Corp
Ontario, Canada
$76.1M +$11.8M +955,143 +19%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$75.5M +$4.06M +327,526 +6%
TCA
22
Tortoise Capital Advisors
Kansas
$74.6M -$6.9M -556,767 -9%
Norges Bank
23
Norges Bank
Norway
$74.5M -$9.36M -754,646 -12%
Legal & General Group
24
Legal & General Group
United Kingdom
$74.1M +$4.88M +393,325 +7%
Principal Financial Group
25
Principal Financial Group
Iowa
$73.7M +$1.64M +132,429 +2%

NI Hedge Fund Activity: Q4 2013 in Review

398 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in NiSource (NI) for Q4 2013, worth a combined $8.12B — up 5.3% from $7.71B a quarter earlier.

Buyers outnumbered sellers: 55 funds opened new NI positions and 26 closed out — a net gain of 29 holders — while 127 added to existing stakes and 152 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $86.7M. The largest seller was Goldman Sachs, cutting an estimated $132M.

  • 398 institutional investors held NiSource (NI) as of Q4 2013, up from 372 in Q3 2013.
  • Funds reported $8.12B of NiSource stock for Q4 2013, up 5.3% quarter-over-quarter.
  • 55 funds opened new NiSource positions in Q4 2013 and 26 closed out, a net change of +29 holders.
  • The largest NiSource buyer in Q4 2013 was T. Rowe Price Associates, an estimated $86.7M added.
  • The largest NiSource seller in Q4 2013 was Goldman Sachs, an estimated $132M sold.

Based on aggregated 13F filings for Q4 2013.