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Nisource Inc.

NI
Exchange
NYSE
Industry
Electric & Other Services Combined
SEC CIK
0001111711

In the last 90 days, Nisource Inc. insiders filed 0 open-market purchases and 1 sale; 916 institutions reported holding it in 13F filings for Q2 2026, worth $22.0B in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Nisource Inc. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
837
+66 vs. Q3 2025
Shares held
462.2M
+17.5M (+3.9%) vs. Q3 2025
Total value
$19.3B
+$51.7M (+0.3%) vs. Q3 2025
New holders
123
311 more added
Sold out
57
257 more reduced

14 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting NI on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 837 institutions
Q1 2021: 489 institutionsQ2 2021: 512 institutionsQ3 2021: 494 institutionsQ4 2021: 519 institutionsQ1 2022: 532 institutionsQ2 2022: 539 institutionsQ3 2022: 545 institutionsQ4 2022: 576 institutionsQ1 2023: 592 institutionsQ2 2023: 566 institutionsQ3 2023: 585 institutionsQ4 2023: 610 institutionsQ1 2024: 633 institutionsQ2 2024: 638 institutionsQ3 2024: 687 institutionsQ4 2024: 736 institutionsQ1 2025: 797 institutionsQ2 2025: 774 institutionsQ3 2025: 785 institutionsQ4 2025: 837 institutionsQ1 2026: 886 institutionsQ2 2026: 916 institutions
Value heldQ4 2025: $19.3B
Q1 2021: $8.79BQ2 2021: $9.03BQ3 2021: $9.10BQ4 2021: $10.4BQ1 2022: $12.1BQ2 2022: $11.4BQ3 2022: $9.55BQ4 2022: $10.5BQ1 2023: $10.8BQ2 2023: $10.7BQ3 2023: $9.69BQ4 2023: $10.9BQ1 2024: $11.8BQ2 2024: $12.6BQ3 2024: $15.4BQ4 2024: $16.5BQ1 2025: $17.7BQ2 2025: $18.3BQ3 2025: $19.3BQ4 2025: $19.3BQ1 2026: $21.2BQ2 2026: $22.0B
Institutions holding NI and their total value by quarter
QuarterHoldersValue
Q2 2026916$22.0B
Q1 2026886$21.2B
Q4 2025837$19.3B
Q3 2025785$19.3B
Q2 2025774$18.3B
Q1 2025797$17.7B
Q4 2024736$16.5B
Q3 2024687$15.4B
Q2 2024638$12.6B
Q1 2024633$11.8B
Q4 2023610$10.9B
Q3 2023585$9.69B
Q2 2023566$10.7B
Q1 2023592$10.8B
Q4 2022576$10.5B
Q3 2022545$9.55B
Q2 2022539$11.4B
Q1 2022532$12.1B
Q4 2021519$10.4B
Q3 2021494$9.10B
Q2 2021512$9.03B
Q1 2021489$8.79B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Nisource Inc.; share changes are against Q3 2025.

Institutions holding NI in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc62,408,533$2.61B0.04%+1,032,630+1.7%Added
BlackRock, Inc.51,570,498$2.15B0.04%+3,361,953+7.0%Added
T. Rowe Price Investment Management, Inc.51,504,257$2.15B1.36%+8,240,227+19.0%Added
State Street Corp26,735,119$1.12B0.04%+1,154,351+4.5%Added
Geode Capital Management, LLC12,459,421$518.3M0.03%+245,110+2.0%Added
Deutsche Bank AG10,349,376$432.2M0.14%−1,682,866−14.0%Reduced
Jennison Associates LLC9,429,794$393.8M0.24%−97,802−1.0%Reduced
FMR LLC9,138,698$381.6M0.02%−259,204−2.8%Reduced
Capital International Investors8,167,328$341.1M0.05%+31,171+0.4%Added
Norges Bank8,066,389$336.9M0.04%+8,066,389New
Invesco Ltd.7,786,335$325.2M0.03%−210,967−2.6%Reduced
JPMorgan Chase & Co7,477,325$312.3M0.02%−1,017,995−12.0%Reduced
Franklin Resources Inc6,118,568$255.5M0.06%−199,695−3.2%Reduced
Newport Trust Co5,700,723$238.1M0.57%−36,304−0.6%Reduced
Soroban Capital Partners LP5,387,780$233.3M1.71%+238,613+4.6%Added
Reaves W H & Co Inc5,424,733$226.5M3.96%+415,089+8.3%Added
Pictet Asset Management Holding SA5,414,781$226.1M0.22%+943,703+21.1%Added
Morgan Stanley4,882,914$203.9M0.01%+498,409+11.4%Added
UBS Group AG4,875,267$203.6M0.04%+1,247,487+34.4%Added
Cohen & Steers, Inc.4,604,468$192.3M0.35%−834,306−15.3%Reduced
Charles Schwab Investment Management Inc4,344,127$181.4M0.03%+101,438+2.4%Added
Northern Trust Corp4,273,238$178.5M0.02%−175,936−4.0%Reduced
Wellington Management Group LLP4,237,172$176.9M0.03%+1,783,900+72.7%Added
UBS Asset Management Americas Inc4,046,284$169.0M0.04%+86,516+2.2%Added
Legal & General Group Plc3,935,937$164.4M0.04%−127,285−3.1%Reduced
Zimmer Partners, LP3,870,100$161.6M4.26%−2,016,883−34.3%Reduced
Bank of America Corp3,592,593$150.0M0.01%+221,008+6.6%Added
Goldman Sachs Group Inc3,531,175$147.5M0.02%−694,252−16.4%Reduced
Bank of New York Mellon Corp3,247,456$135.6M0.02%−575,302−15.0%Reduced
Alkeon Capital Management LLC3,230,500$134.9M0.59%+130,000+4.2%Added
Duff & Phelps Investment Management Co3,106,606$129.7M1.47%−15,467−0.5%Reduced
Royal Bank of Canada2,999,971$125.3M0.02%−843,683−22.0%Reduced
Citadel Advisors LLC2,486,380$103.8M0.07%+1,311,290+111.6%Added
Dimensional Fund Advisors LP2,451,954$102.4M0.02%−31,386−1.3%Reduced
PFA Pension, Forsikringsaktieselskab2,401,071$101.0M0.29%+2,401,071New
Nuveen, LLC2,205,516$92.1M0.02%+385,552+21.2%Added
First Trust Advisors LP2,137,286$89.3M0.06%+264,234+14.1%Added
Thrivent Financial for Lutherans2,085,746$87.1M0.15%−263,732−11.2%Reduced
Antipodes Partners Ltd2,083,217$87.0M1.83%+141,425+7.3%Added
Massachusetts Financial Services Co1,880,242$78.5M0.03%+942,341+100.5%Added
TCW Group Inc1,836,962$76.7M0.55%−517,168−22.0%Reduced
Principal Financial Group Inc1,795,640$75.0M0.04%−6,007−0.3%Reduced
Bank of Montreal1,769,782$73.9M0.03%−884,833−33.3%Reduced
Ameriprise Financial Inc1,540,866$64.3M0.01%−178,218−10.4%Reduced
Nomura Asset Management International Inc.1,530,383$63.9M0.10%+1,530,383New
Aviva PLC1,485,693$62.0M0.10%+81,710+5.8%Added
TD Asset Management Inc1,481,539$61.9M0.05%−10,105−0.7%Reduced
Barclays PLC1,455,306$60.8M0.02%+299,575+25.9%Added
Manufacturers Life Insurance Company, The1,453,135$60.7M0.05%+109,317+8.1%Added
Brookfield Asset Management Inc.1,444,808$60.3M0.07%−10,721−0.7%Reduced
HITE Hedge Asset Management LLC1,420,828$59.3M3.79%−244,630−14.7%Reduced
Bahl & Gaynor Inc1,347,962$56.3M0.28%−17,897−1.3%Reduced
AQR Capital Management LLC1,339,845$56.0M0.03%+231,622+20.9%Added
Adage Capital Partners GP, L.L.C.1,335,862$55.8M0.08%+7,200+0.5%Added
Vaughan David Investments LLC1,290,697$53.9M1.17%−24,480−1.9%Reduced
Swiss National Bank1,290,300$53.9M0.03%−66,500−4.9%Reduced
D1 Capital Partners L.P.SuperinvestorD1 Capital Partners1,214,570$50.7M0.47%+1,214,570New
California Public Employees Retirement System1,193,781$49.9M0.03%−262,664−18.0%Reduced
Yaupon Capital Management LP1,192,609$49.8M2.45%+1,192,609New
Epoch Investment Partners, Inc.1,165,020$48.7M0.28%−7,245−0.6%Reduced
Eventide Asset Management, LLC1,133,220$47.3M0.74%+562,451+98.5%Added
Amundi1,097,127$45.8M0.01%+49,786+4.8%Added
Voya Investment Management LLC1,054,088$44.0M0.04%+88,705+9.2%Added
Sumitomo Mitsui Trust Holdings, Inc.1,037,042$43.3M0.03%−58,736−5.4%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.1,017,514$42.9M0.03%+101,868+11.1%Added
First Financial Bankshares Inc1,008,683$42.1M0.85%+16,718+1.7%Added
Rhumbline Advisers1,000,123$41.8M0.03%−7,911−0.8%Reduced
Victory Capital Management Inc958,586$40.0M0.02%−257,877−21.2%Reduced
Capital International Inc911,679$38.1M0.30%−29,506−3.1%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys896,290$37.4M0.19%+8,810+1.0%Added
BNP Paribas Arbitrage, SA891,464$37.2M0.02%+262,483+41.7%Added
Employees Retirement System of Texas877,729$36.7M0.30%−15,700−1.8%Reduced
Retirement Systems of Alabama864,783$36.1M0.12%+1,071+0.1%Added
Russell Investments Group, Ltd.862,003$36.0M0.04%+120,237+16.2%Added
Price T Rowe Associates Inc854,634$35.7M0.00%+7,605+0.9%Added
Wells Fargo & Company800,624$33.4M0.01%−14,111−1.7%Reduced
Alliancebernstein L.P.789,399$33.0M0.01%−115,760−12.8%Reduced
HSBC Holdings PLC742,753$31.0M0.02%+53,167+7.7%Added
Tortoise Capital Advisors, L.L.C.701,207$29.3M0.37%+107,881+18.2%Added
Rockefeller Capital Management L.P.691,175$28.9M0.05%+225,739+48.5%Added
Exchange Traded Concepts, LLC682,330$28.5M0.24%−15,483−2.2%Reduced
CWM, LLC672,735$28.1M0.08%−20,025−2.9%Reduced
Prudential Financial Inc635,110$26.5M0.03%−13,083−2.0%Reduced
Badgley Phelps Wealth Managers, LLC592,980$24.8M0.45%+19,615+3.4%Added
Thomasville National Bank591,847$24.7M1.53%+13,765+2.4%Added
Schroder Investment Management Group585,864$24.6M0.02%−553,134−48.6%Reduced
STRS Ohio574,429$24.0M0.09%+1780.0%Added
California State Teachers Retirement System561,618$23.5M0.02%+5,226+0.9%Added
Great West Life Assurance Co555,261$23.2M0.04%−220,801−28.5%Reduced
Neuberger Berman Group LLC533,222$22.3M0.02%+44,002+9.0%Added
Assenagon Asset Management S.A.506,363$21.1M0.03%−1,357,775−72.8%Reduced
Citigroup Inc504,171$21.1M0.01%+47,791+10.5%Added
Ensign Peak Advisors, Inc496,494$20.7M0.04%−372,910−42.9%Reduced
Envestnet Asset Management Inc490,612$20.5M0.01%−24,759−4.8%Reduced
SEI Investments Co488,939$20.4M0.02%−25,816−5.0%Reduced
Beck Bode, LLC479,141$20.0M3.33%+1,594+0.3%Added
Artemis Investment Management LLP478,566$20.0M0.24%−449,456−48.4%Reduced
Maryland State Retirement & Pension System472,429$19.7M0.41%+13,091+2.8%Added
Standard Life Aberdeen plc471,016$19.7M0.03%+84,252+21.8%Added
Ceredex Value Advisors LLC462,050$19.3M0.58%+462,050New