NiSource Inc. Series A Corporate Units
NIMC
NIMC was delisted on the 30th of November, 2023.
40 hedge funds and large institutions have $874M invested in NiSource Inc. Series A Corporate Units in 2023 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 7 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
0% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 13
2% less capital invested
Capital invested by funds: $889M → $874M (-$15.1M)
2% less funds holding
Funds holding: 41 → 40 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Camden Asset Management
Los Angeles,
California
|
+$24.2M |
| 2 |
AAI
Aequim Alternative Investments
Mill Valley,
California
|
+$15.3M |
| 3 |
Morgan Stanley
New York
|
+$4.53M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$4.38M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$3.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$21.1M |
| 2 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$19.1M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$17.3M |
| 4 |
SIM
SSI Investment Management
Los Angeles,
California
|
-$7.18M |
| 5 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$3.08M |
NIMC Hedge Fund Activity: Q1 2023 in Review
40 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in NiSource Inc. Series A Corporate Units (NIMC) for Q1 2023, worth a combined $874M — down 1.7% from $889M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NIMC and 6 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 13 added.
The largest buyer was Camden Asset Management, adding an estimated $24.2M. The largest seller was Bank of America, cutting an estimated $21.1M.
- 40 institutional investors held NiSource Inc. Series A Corporate Units (NIMC) as of Q1 2023, down from 41 in Q4 2022.
- Funds reported $874M of NiSource Inc. Series A Corporate Units stock for Q1 2023, down 1.7% quarter-over-quarter.
- 6 funds opened new NiSource Inc. Series A Corporate Units positions in Q1 2023 and 7 closed out, a net change of -1 holder.
- The largest NiSource Inc. Series A Corporate Units buyer in Q1 2023 was Camden Asset Management, an estimated $24.2M added.
- The largest NiSource Inc. Series A Corporate Units seller in Q1 2023 was Bank of America, an estimated $21.1M sold.
Based on aggregated 13F filings for Q1 2023.