NI Holdings
NODK
64 hedge funds and large institutions have $64.1M invested in NI Holdings in 2025 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 23 increasing their positions, 20 reducing their positions, and 7 closing their positions.
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
15% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 20
5% more funds holding
Funds holding: 61 → 64 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.53% less ownership
Funds ownership: 24.84% → 24.3% (-0.53%)
12% less capital invested
Capital invested by funds: $73.2M → $64.1M (-$9.15M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
M3F Inc
Salt Lake City,
Utah
|
+$696K |
| 2 |
CSC
Caldwell Sutter Capital
Sausalito,
California
|
+$377K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$361K |
| 4 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$318K |
| 5 |
TG
TCW Group
Los Angeles,
California
|
+$228K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Orchard Capital Management
Chicago,
Illinois
|
-$1.5M |
| 2 |
Rockefeller Capital Management
New York
|
-$663K |
| 3 |
AC
AWH Capital
Dallas,
Texas
|
-$571K |
| 4 |
BlackRock
New York
|
-$292K |
| 5 |
Goldman Sachs
New York
|
-$257K |
NODK Hedge Fund Activity: Q2 2025 in Review
64 of the 7,614 institutional investors tracked by Wall St. Rank reported a position in NI Holdings (NODK) for Q2 2025, worth a combined $64.1M — down 12% from $73.2M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new NODK positions and 7 closed out — a net gain of 3 holders — while 23 added to existing stakes and 20 trimmed.
The largest buyer was M3F Inc, adding an estimated $696K. The largest seller was Orchard Capital Management, cutting an estimated $1.5M.
- 64 institutional investors held NI Holdings (NODK) as of Q2 2025, up from 61 in Q1 2025.
- Funds reported $64.1M of NI Holdings stock for Q2 2025, down 12% quarter-over-quarter.
- 10 funds opened new NI Holdings positions in Q2 2025 and 7 closed out, a net change of +3 holders.
- The largest NI Holdings buyer in Q2 2025 was M3F Inc, an estimated $696K added.
- The largest NI Holdings seller in Q2 2025 was Orchard Capital Management, an estimated $1.5M sold.
Based on aggregated 13F filings for Q2 2025.