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NiSource

634 hedge funds and large institutions have $11.8B invested in NiSource in 2024 Q1 according to their latest regulatory filings, with 83 funds opening new positions, 255 increasing their positions, 191 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

94% more call options, than puts

Call options by funds: $6.68M | Put options by funds: $3.45M

69% more first-time investments, than exits

New positions opened: 83 | Existing positions closed: 49

34% more repeat investments, than reductions

Existing positions increased: 255 | Existing positions reduced: 191

6% more capital invested

Capital invested by funds: $11.1B → $11.8B (+$693M)

4% more funds holding

Funds holding: 609634 (+25)

1.82% more ownership

Funds ownership: 93.13%94.95% (+1.8%)

8% less funds holding in top 10

Funds holding in top 10: 1211 (-1)

Holders
634
Holders Change
+25
Holders Change %
+4.11%
% of All Funds
9.13%
Holding in Top 10
11
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-8.33%
% of All Funds
0.16%
New
83
Increased
255
Reduced
191
Closed
49
Calls
$6.68M
Puts
$3.45M
Net Calls
+$3.23M
Net Calls Change
+$25.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.52B +$26.1M +991,336 +2%
BlackRock
2
BlackRock
New York
$1.14B +$45M +1,712,854 +4%
State Street
3
State Street
Massachusetts
$556M -$48.1M -1,831,519 -8%
Deutsche Bank
4
Deutsche Bank
Germany
$523M -$19.5M -740,597 -4%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$341M -$17.4M -663,648 -5%
T. Rowe Price Investment Management
6
T. Rowe Price Investment Management
Maryland
$323M +$307M +11,684,654 New
Cohen & Steers
7
Cohen & Steers
New York
$276M +$70.9M +2,697,229 +37%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$266M +$7.92M +301,298 +3%
Jennison Associates
9
Jennison Associates
New York
$248M -$35.7M -1,356,224 -13%
ZP
10
Zimmer Partners
New York
$246M +$139M +5,290,322 +146%
Morgan Stanley
11
Morgan Stanley
New York
$210M -$183M -6,973,122 -48%
Pictet Asset Management
12
Pictet Asset Management
Switzerland
$202M -$23.5M -894,164 -11%
ECM
13
ExodusPoint Capital Management
New York
$188M -$40.6M -1,543,550 -19%
Franklin Resources
14
Franklin Resources
California
$184M -$48.8M -1,855,908 -22%
Invesco
15
Invesco
Georgia
$175M +$21.7M +824,420 +15%
Millennium Management
16
Millennium Management
New York
$175M -$37.4M -1,421,421 -18%
Newport Trust Company
17
Newport Trust Company
District of Columbia
$175M -$1.48M -56,266 -0.9%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$149M +$19.4M +739,376 +16%
Thrivent Financial for Lutherans
19
Thrivent Financial for Lutherans
Minnesota
$134M -$33.2M -1,263,768 -21%
Legal & General Group
20
Legal & General Group
United Kingdom
$124M +$2.55M +96,916 +2%
TSW
21
Thompson Siegel & Walmsley
Virginia
$122M +$2.09M +79,442 +2%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$121M -$4.21M -160,224 -4%
DPIM
23
Duff & Phelps Investment Management
Illinois
$113M +$36.2K +1,376 +0%
Point72 Asset Management
24
Point72 Asset Management
Connecticut
$109M +$52.5M +1,995,200 +103%
T. Rowe Price Associates
25
T. Rowe Price Associates
Maryland
$104M -$5.75M -218,619 -6%

NI Hedge Fund Activity: Q1 2024 in Review

634 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in NiSource (NI) for Q1 2024, worth a combined $11.8B — up 6.3% from $11.1B a quarter earlier.

Buyers outnumbered sellers: 83 funds opened new NI positions and 49 closed out — a net gain of 34 holders — while 255 added to existing stakes and 191 trimmed.

The largest buyer was T. Rowe Price Investment Management, opening a new position worth an estimated $307M. The largest seller was Morgan Stanley, cutting an estimated $183M.

  • 634 institutional investors held NiSource (NI) as of Q1 2024, up from 609 in Q4 2023.
  • Funds reported $11.8B of NiSource stock for Q1 2024, up 6.3% quarter-over-quarter.
  • 83 funds opened new NiSource positions in Q1 2024 and 49 closed out, a net change of +34 holders.
  • The largest NiSource buyer in Q1 2024 was T. Rowe Price Investment Management, an estimated $307M added.
  • The largest NiSource seller in Q1 2024 was Morgan Stanley, an estimated $183M sold.

Based on aggregated 13F filings for Q1 2024.