NI Holdings
NODK
74 hedge funds and large institutions have $65.2M invested in NI Holdings in 2026 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 22 increasing their positions, 25 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
3% more funds holding
Funds holding: 72 → 74 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.32% less ownership
Funds ownership: 24.96% → 24.64% (-0.32%)
5% less capital invested
Capital invested by funds: $68.4M → $65.2M (-$3.18M)
12% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
M3F Inc
Salt Lake City,
Utah
|
+$1.6M |
| 2 |
Universal-Beteiligungs- und Servicegesellschaft
Frankfurt Am Main,
Germany
|
+$920K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$210K |
| 4 |
Morgan Stanley
New York
|
+$80.4K |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$77.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$1.9M |
| 2 |
TG
TCW Group
Los Angeles,
California
|
-$969K |
| 3 |
BlackRock
New York
|
-$459K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$395K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$266K |
NODK Hedge Fund Activity: Q1 2026 in Review
74 of the 8,128 institutional investors tracked by Wall St. Rank reported a position in NI Holdings (NODK) for Q1 2026, worth a combined $65.2M — down 4.6% from $68.4M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new NODK positions and 6 closed out — a net gain of 4 holders — while 22 added to existing stakes and 25 trimmed.
The largest buyer was M3F Inc, adding an estimated $1.6M. The largest seller was Philadelphia Financial Management of San Francisco, cutting an estimated $1.9M.
- 74 institutional investors held NI Holdings (NODK) as of Q1 2026, up from 72 in Q4 2025.
- Funds reported $65.2M of NI Holdings stock for Q1 2026, down 4.6% quarter-over-quarter.
- 10 funds opened new NI Holdings positions in Q1 2026 and 6 closed out, a net change of +4 holders.
- The largest NI Holdings buyer in Q1 2026 was M3F Inc, an estimated $1.6M added.
- The largest NI Holdings seller in Q1 2026 was Philadelphia Financial Management of San Francisco, an estimated $1.9M sold.
Based on aggregated 13F filings for Q1 2026.