NISOURCE INC NI
COM · Common Stock · CUSIP 65473P105 · ISIN US65473P1057
Utility corporation based in Indiana, USA
- SectorUtilities
- IndustryElectric & Other Services Combined
- HeadquartersMerrillville, IN
- Founded1912
- Websitenisource.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($42.4m this quarter). Holder counts are more reliable. Shares outstanding: 466.8m as of 2024-10-22, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $34.64. Options: 9 managers hold calls ($12.1m notional), 7 hold puts ($2.2m).
Trends to Q3 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 544 |
| Q4 2022 | 575 |
| Q1 2023 | 591 |
| Q2 2023 | 566 |
| Q3 2023 | 586 |
| Q4 2023 | 610 |
| Q1 2024 | 634 |
| Q2 2024 | 639 |
| Q3 2024 | 688 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 291 | 217 |
| Q1 2023 | 304 | 210 |
| Q2 2023 | 246 | 261 |
| Q3 2023 | 275 | 238 |
| Q4 2023 | 294 | 264 |
| Q1 2024 | 336 | 238 |
| Q2 2024 | 316 | 257 |
| Q3 2024 | 330 | 285 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $26.3m | $48.3m | 1.84 |
| Q1 2024 | $6.7m | $3.5m | 0.52 |
| Q2 2024 | $10.3m | $4.2m | 0.41 |
| Q3 2024 | $12.1m | $2.2m | 0.18 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +14.0m |
| T. Rowe Price Investment Management, Inc. | Added | +5.7m |
| CITADEL ADVISORS LLC | Added | +3.9m |
| BANK OF MONTREAL /CAN/ | Added | +1.8m |
| STATE STREET CORP | Added | +1.2m |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | New | +928.2k |
| FIL Ltd | Added | +921.0k |
| UBS Group AG | Added | +830.8k |
| Retirement Systems of Alabama | Added | +784.5k |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Added | +517.6k |
Biggest sellers
| Invesco Ltd. | Reduced | -3.3m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -3.1m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -3.0m |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Reduced | -1.5m |
| Zimmer Partners, LP | Reduced | -1.4m |
| Point72 Asset Management, L.P. | Reduced | -1.1m |
| Assenagon Asset Management S.A. | Reduced | -1.0m |
| HITE Hedge Asset Management LLC | Reduced | -858.0k |
| COHEN & STEERS, INC. | Reduced | -804.9k |
| THOMPSON SIEGEL & WALMSLEY LLC | Reduced | -743.1k |
Biggest calls
| JANE STREET GROUP, LLC | Added | $3.2m91.9k shares |
| Walleye Trading LLC | Added | $1.9m54.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.6m46.0k shares |
| PEAK6 Investments LLC | Added | $1.6m45.5k shares |
| WOLVERINE TRADING, LLC | Added | $1.5m44.6k shares |
| CITADEL ADVISORS LLC | Reduced | $1.3m38.8k shares |
| GROUP ONE TRADING LLC | Reduced | $769.2k22.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $225.0k6.5k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| Walleye Trading LLC | Added | $1.1m32.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $492.0k14.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $467.8k13.5k shares |
| Corient Private Wealth LP | New | $48.5k1.4k shares |
| CITADEL ADVISORS LLC | Reduced | $31.2k900 shares |
| GROUP ONE TRADING LLC | Reduced | $10.4k300 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.5% |
| T. Rowe Price Investment Management, Inc. 13G · institution -4.3 pts · filed 2026-08-14 | 6.2% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.6% |
| STATE STREET CORP 13G · institution +0.1 pts · filed 2025-05-13 | 5.0% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q3 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 1 | $134.5k | — |
| Q2 2023 | 0 | — | 1 | $318.4k | — |
| Q3 2023 | 1 | $1.1m | 3 | $646.7k | — |
| Q4 2023 | 0 | — | 1 | $131.2k | — |
| Q1 2024 | 0 | — | 3 | $1.3m | — |
| Q2 2024 | 0 | — | 1 | $104.6k | — |
| Q3 2024 | 0 | — | 3 | $582.5k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-08-21 | Anderson Shawn EVP & CFO | Sold | $217.0k6.7k shares |
| 2024-08-19 | Jefferson William Jr. EVP, Chief Op & Safety Officer | Sold | $140.0k4.4k shares |
| 2024-08-13 | Birmingham Melody EVP & President NI Utilities | Sold | $225.6k7.2k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q3 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.03% of their portfolio | 55.3m $1.9bn | Reduced -307.6k |
| BlackRock, Inc. 0.03% of their portfolio | 47.5m $1.6bn | First filing |
| JPMORGAN CHASE & CO 0.04% of their portfolio | 29.8m $1.0bn | Added +14.0m |
| STATE STREET CORP 0.03% of their portfolio | 22.7m $786.2m | Added +1.2m |
| T. Rowe Price Investment Management, Inc. 0.41% of their portfolio | 19.4m $672.4m | Added +5.7m |
| DEUTSCHE BANK AG\ 0.25% of their portfolio | 17.5m $605.9m | Reduced -465.1k |
| FMR LLC 0.02% of their portfolio | 11.4m $394.9m | Added +99.9k |
| JENNISON ASSOCIATES LLC 0.23% of their portfolio | 10.8m $375.0m | Added +316.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 10.7m $371.1m | Added +178.4k |
| COHEN & STEERS, INC. 0.55% of their portfolio | 8.9m $308.6m | Reduced -804.9k |
| FRANKLIN RESOURCES INC 0.06% of their portfolio | 6.6m $226.9m | Added +1.5k |
| Zimmer Partners, LP 4.27% of their portfolio | 6.6m $227.7m | Reduced -1.4m |
| Pictet Asset Management Holding SA 0.24% of their portfolio | 6.2m $214.8m | Reduced -384.9k |
| Newport Trust Company, LLC 0.51% of their portfolio | 6.1m $211.5m | Reduced -119.9k |
| WELLINGTON MANAGEMENT GROUP LLP 0.04% of their portfolio | 6.0m $209.5m | Reduced -613.1k |
| ExodusPoint Capital Management, LP 2.09% of their portfolio | 5.9m $203.0m | Reduced -103.8k |
| Invesco Ltd. 0.04% of their portfolio | 5.5m $190.1m | Reduced -3.3m |
| CITADEL ADVISORS LLC 0.20% of their portfolio | 5.5m $189.5m | Added +3.9m |
| BANK OF MONTREAL /CAN/ 0.08% of their portfolio | 5.1m $176.2m | Added +1.8m |
| MORGAN STANLEY 0.01% of their portfolio | 4.8m $166.0m | Reduced -124.0k |
| Thrivent Financial for Lutherans 0.31% of their portfolio | 4.7m $161.1m | Reduced -258.1k |
| ROYAL BANK OF CANADA 0.04% of their portfolio | 4.6m $158.8m | Added +2.0k |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 4.4m $151.4m | Reduced -357.4k |
| Legal & General Group Plc 0.04% of their portfolio | 4.2m $145.8m | Reduced -59.8k |
| Bank of New York Mellon Corp 0.03% of their portfolio | 4.1m $142.3m | Reduced -138.8k |
| NORGES BANK 0.02% of their portfolio | 4.0m $138.2m | Added +68.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 3.9m $135.6m | Added +19.0k |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 1.55% of their portfolio | 3.9m $135.1m | Reduced -132.5k |
| REAVES W H & CO INC 3.57% of their portfolio | 3.8m $130.6m | Added +363.6k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 3.7m $129.8m | Reduced -197.4k |
| THOMPSON SIEGEL & WALMSLEY LLC 1.81% of their portfolio | 3.5m $120.3m | Reduced -743.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 3.4m $118.3m | Reduced -3.0m |
| MILLENNIUM MANAGEMENT LLC 0.10% of their portfolio | 3.2m $112.4m | Reduced -3.1m |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 3.1m $108.5m | Added +59.0k |
| Maple-Brown Abbott Ltd 10.55% of their portfolio | 3.1m $106.3m | Reduced -241.2k |
| Soroban Capital Partners LP 1.43% of their portfolio | 3.0m $103.6m | Reduced -290.0k |
| Brookfield Corp /ON/ 0.51% of their portfolio | 2.6m $90.2m | Added +236.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 2.6m $89.6m | Added +495.7k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 2.5m $86.7m | Added +178.7k |
| Verition Fund Management LLC 0.58% of their portfolio | 2.5m $85.6m | Added +34.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.04% of their portfolio | 2.2m $77.8m | Added +255.3k |
| Assenagon Asset Management S.A. 0.16% of their portfolio | 2.2m $77.2m | Reduced -1.0m |
| Epoch Investment Partners, Inc. 0.34% of their portfolio | 2.2m $76.2m | Reduced -44.8k |
| Nuveen Asset Management, LLC 0.02% of their portfolio | 2.1m $77.8m | Added +299.9k |
| Employees Retirement System of Texas 0.62% of their portfolio | 2.1m $71.6m | Added +395.8k |
| California Public Employees Retirement System 0.05% of their portfolio | 2.0m $70.4m | Reduced -117.4k |
| Amundi 0.02% of their portfolio | 1.9m $65.2m | Added +354.5k |
| UBS Group AG 0.02% of their portfolio | 1.9m $65.1m | Added +830.8k |
| TD Asset Management Inc 0.06% of their portfolio | 1.9m $64.2m | Added +244 |
| FIRST TRUST ADVISORS LP 0.06% of their portfolio | 1.7m $60.4m | Reduced -328.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.06% of their portfolio | 1.7m $60.4m | Added +64.4k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 1.7m $57.7m | Reduced -192.3k |
| TCW GROUP INC 0.46% of their portfolio | 1.5m $52.7m | Added +128.4k |
| FIL Ltd 0.05% of their portfolio | 1.5m $51.1m | Added +921.0k |
| Hudson Bay Capital Management LP 0.34% of their portfolio | 1.4m $49.5m | Reduced -163.7k |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 0.75% of their portfolio | 1.4m $46.9m | Reduced -78.7k |
| BARCLAYS PLC 0.02% of their portfolio | 1.4m $46.9m | Added +273.2k |
| Swiss National Bank 0.03% of their portfolio | 1.3m $46.1m | Added +5.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.04% of their portfolio | 1.3m $45.8m | Reduced -147.8k |
| VAUGHAN DAVID INVESTMENTS LLC/IL 1.05% of their portfolio | 1.3m $45.7m | Added +30.5k |
| AQR CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 1.3m $44.6m | Reduced -320.8k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.05% of their portfolio | 1.3m $44.3m | Added +517.6k |
| STRS OHIO 0.17% of their portfolio | 1.2m $43.1m | Reduced -77.5k |
| Bahl & Gaynor LLC 0.20% of their portfolio | 1.1m $39.3m | Added +83.8k |
| First Financial Bankshares Inc 0.73% of their portfolio | 1.0m $34.7m | Reduced -17.8k |
| Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio | 1.0m $34.7m | Added +3.2k |
| VOYA INVESTMENT MANAGEMENT LLC 0.04% of their portfolio | 992.7k $34.4m | Reduced -25.7k |
| Point72 Asset Management, L.P. 0.12% of their portfolio | 954.6k $33.1m | Reduced -1.1m |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.08% of their portfolio | 928.2k $32.2m | New |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 892.2k $30.9m | Reduced -11.8k |
| Retirement Systems of Alabama 0.11% of their portfolio | 883.4k $30.6m | Added +784.5k |
| CRAMER ROSENTHAL MCGLYNN LLC 1.67% of their portfolio | 869.7k $30.1m | Reduced -38.1k |
| Ensign Peak Advisors, Inc 0.05% of their portfolio | 857.7k $29.7m | Reduced -71.6k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.19% of their portfolio | 853.0k $29.6m | Reduced -46.4k |
| SEI INVESTMENTS CO 0.04% of their portfolio | 852.6k $29.5m | Added +4.6k |
| Yaupon Capital Management LP 1.91% of their portfolio | 822.5k $28.5m | Reduced -199.0k |
| CWM, LLC 0.12% of their portfolio | 795.9k $27.6m | Reduced -31.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 784.2k $27.2m | Added +29.5k |
| AMF Tjanstepension AB 0.19% of their portfolio | 765.6k $26.5m | Unchanged |
| HITE Hedge Asset Management LLC 3.03% of their portfolio | 759.9k $26.3m | Reduced -858.0k |
| Covalis Capital LLP 3.93% of their portfolio | 759.8k $26.3m | Added +184.2k |
| Russell Investments Group, Ltd. 0.04% of their portfolio | 744.7k $25.8m | Added +144.6k |
| EXCHANGE TRADED CONCEPTS, LLC 0.59% of their portfolio | 713.8k $24.7m | Reduced -75.7k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 698.1k $24.2m | Reduced -188.7k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 693.0k $24.0m | Reduced -52.9k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.03% of their portfolio | 680.3k $23.6m | Added +104.2k |
| MACQUARIE GROUP LTD 0.02% of their portfolio | 655.2k $22.7m | Reduced -41.4k |
| AE Wealth Management LLC 0.19% of their portfolio | 608.5k $21.1m | Reduced -33 |
| PRUDENTIAL FINANCIAL INC 0.03% of their portfolio | 597.2k $20.7m | Reduced -606.8k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 594.3k $20.6m | Reduced -52.8k |
| NATIXIS ADVISORS, LLC 0.04% of their portfolio | 586.2k $20.3m | Added +5.8k |
| Sterling Capital Management LLC 0.25% of their portfolio | 566.5k $19.6m | First filing |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 566.0k $19.6m | Reduced -83.1k |
| NATIONAL BANK OF CANADA /FI/ 0.03% of their portfolio | 563.0k $19.5m | Added +26.8k |
| GLENMEDE TRUST CO NA 0.09% of their portfolio | 561.7k $19.5m | Reduced -55.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 557.2k $19.3m | Reduced -34.8k |
| Thomasville National Bank 1.41% of their portfolio | 550.8k $19.1m | Added +497.1k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 534.8k $18.5m | Reduced -3.0k |
| Badgley Phelps Wealth Managers, LLC 0.43% of their portfolio | 532.0k $18.4m | Added +20.1k |
| CANADA LIFE ASSURANCE Co 0.03% of their portfolio | 520.1k $18.0m | Added +26.0k |