NiSource Inc. Series A Corporate Units
NIMC
NIMC was delisted on the 30th of November, 2023.
37 hedge funds and large institutions have $847M invested in NiSource Inc. Series A Corporate Units in 2022 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and 5 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 9
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 38 → 37 (-1)
12% less capital invested
Capital invested by funds: $966M → $847M (-$118M)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$10.8M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$5.28M |
| 3 |
ACM
Advent Capital Management
New York
|
+$4.8M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$4.53M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$3.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$110M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$18.6M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$5.42M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$3.28M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.15M |
NIMC Hedge Fund Activity: Q3 2022 in Review
37 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in NiSource Inc. Series A Corporate Units (NIMC) for Q3 2022, worth a combined $847M — down 12% from $966M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NIMC and 4 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 15 added.
The largest buyer was Russell Investments Group, adding an estimated $10.8M. The largest seller was T. Rowe Price Associates, exiting entirely with an estimated $110M sold.
- 37 institutional investors held NiSource Inc. Series A Corporate Units (NIMC) as of Q3 2022, down from 38 in Q2 2022.
- Funds reported $847M of NiSource Inc. Series A Corporate Units stock for Q3 2022, down 12% quarter-over-quarter.
- 4 funds opened new NiSource Inc. Series A Corporate Units positions in Q3 2022 and 5 closed out, a net change of -1 holder.
- The largest NiSource Inc. Series A Corporate Units buyer in Q3 2022 was Russell Investments Group, an estimated $10.8M added.
- The largest NiSource Inc. Series A Corporate Units seller in Q3 2022 was T. Rowe Price Associates, an estimated $110M sold.
Based on aggregated 13F filings for Q3 2022.