NiSource
610 hedge funds and large institutions have $10.9B invested in NiSource in 2023 Q4 according to their latest regulatory filings, with 98 funds opening new positions, 227 increasing their positions, 202 reducing their positions, and 59 closing their positions.
66% more first-time investments, than exits
New positions opened: 98 | Existing positions closed: 59
50% more funds holding in top 10
Funds holding in top 10: 8 → 12 (+4)
12% more repeat investments, than reductions
Existing positions increased: 227 | Existing positions reduced: 202
12% more capital invested
Capital invested by funds: $9.69B → $10.9B (+$1.2B)
5% more funds holding
Funds holding: 583 → 610 (+27)
3.38% less ownership
Funds ownership: 95.01% → 91.62% (-3.4%)
46% less call options, than puts
Call options by funds: $26.3M | Put options by funds: $48.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECM
ExodusPoint Capital Management
New York
|
+$109M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$79.5M |
| 3 |
Pictet Asset Management
Carouge,
Switzerland
|
+$64M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$54.1M |
| 5 |
Morgan Stanley
New York
|
+$53.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
-$201M |
| 2 |
Jennison Associates
New York
|
-$72M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$66.6M |
| 4 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$64.8M |
| 5 |
N
Natixis
Paris,
France
|
-$49.4M |
NI Hedge Fund Activity: Q4 2023 in Review
610 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in NiSource (NI) for Q4 2023, worth a combined $10.9B — up 12% from $9.69B a quarter earlier.
Buyers outnumbered sellers: 98 funds opened new NI positions and 59 closed out — a net gain of 39 holders — while 227 added to existing stakes and 202 trimmed.
The largest buyer was ExodusPoint Capital Management, adding an estimated $109M. The largest seller was Barclays, cutting an estimated $201M.
- 610 institutional investors held NiSource (NI) as of Q4 2023, up from 583 in Q3 2023.
- Funds reported $10.9B of NiSource stock for Q4 2023, up 12% quarter-over-quarter.
- 98 funds opened new NiSource positions in Q4 2023 and 59 closed out, a net change of +39 holders.
- The largest NiSource buyer in Q4 2023 was ExodusPoint Capital Management, an estimated $109M added.
- The largest NiSource seller in Q4 2023 was Barclays, an estimated $201M sold.
Based on aggregated 13F filings for Q4 2023.