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 ($54.5m this quarter). Holder counts are more reliable. Shares outstanding: 469.9m as of 2025-02-05, 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 ≈ $36.75. Options: 9 managers hold calls ($12.0m notional), 6 hold puts ($2.1m).
Trends to Q4 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 |
| Q4 2024 | 736 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q4 2024 | 355 | 287 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $6.7m | $3.5m | 0.52 |
| Q2 2024 | $10.3m | $4.2m | 0.41 |
| Q3 2024 | $12.1m | $2.2m | 0.18 |
| Q4 2024 | $12.0m | $2.1m | 0.17 |
Biggest buyers
| MILLENNIUM MANAGEMENT LLC | Added | +6.0m |
| Capital International Investors | New | +6.0m |
| Invesco Ltd. | Added | +2.7m |
| BlackRock, Inc. | Added | +2.6m |
| VANGUARD GROUP INC | Added | +2.5m |
| Brookfield Corp /ON/ | Added | +2.4m |
| T. Rowe Price Investment Management, Inc. | Added | +2.0m |
| NORGES BANK | Added | +1.3m |
| Merewether Investment Management, LP | New | +1.3m |
| UBS Group AG | Added | +1.2m |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -15.8m |
| Zimmer Partners, LP | Reduced | -6.3m |
| CITADEL ADVISORS LLC | Reduced | -3.3m |
| BANK OF MONTREAL /CAN/ | Reduced | -3.1m |
| ExodusPoint Capital Management, LP | Reduced | -2.5m |
| FMR LLC | Reduced | -1.7m |
| GOLDMAN SACHS GROUP INC | Reduced | -1.4m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -1.4m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -1.2m |
| THOMPSON SIEGEL & WALMSLEY LLC | Reduced | -918.8k |
Biggest calls
| JANE STREET GROUP, LLC | Reduced | $3.3m88.6k shares |
| Walleye Trading LLC | Added | $3.1m85.6k shares |
| CITADEL ADVISORS LLC | Added | $1.7m45.2k shares |
| WOLVERINE TRADING, LLC | Reduced | $1.1m31.2k shares |
| GROUP ONE TRADING LLC | Added | $941.1k25.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $915.3k24.9k shares |
| SIMPLEX TRADING, LLC | Added | $496.0k13.5k shares |
| PEAK6 LLC | First filing | $455.8k12.4k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| Walleye Trading LLC | Reduced | $1.1m30.1k shares |
| CITADEL ADVISORS LLC | Added | $621.2k16.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $319.8k8.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $36.0k1.0k shares |
| GROUP ONE TRADING LLC | Added | $18.4k500 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 Q4 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q4 2024 | 0 | — | 0 | — | — |
None reported in Q4 2024.
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.04% of their portfolio | 57.8m $2.1bn | Added +2.5m |
| BlackRock, Inc. 0.04% of their portfolio | 50.1m $1.8bn | Added +2.6m |
| STATE STREET CORP 0.03% of their portfolio | 22.9m $841.1m | Added +190.4k |
| T. Rowe Price Investment Management, Inc. 0.48% of their portfolio | 21.4m $785.6m | Added +2.0m |
| DEUTSCHE BANK AG\ 0.24% of their portfolio | 16.8m $618.7m | Reduced -658.0k |
| JPMORGAN CHASE & CO 0.04% of their portfolio | 14.0m $515.3m | Reduced -15.8m |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 11.4m $419.8m | Added +700.7k |
| JENNISON ASSOCIATES LLC 0.24% of their portfolio | 10.7m $394.1m | Reduced -102.9k |
| FMR LLC 0.02% of their portfolio | 9.7m $356.4m | Reduced -1.7m |
| MILLENNIUM MANAGEMENT LLC 0.29% of their portfolio | 9.2m $339.8m | Added +6.0m |
| Invesco Ltd. 0.06% of their portfolio | 8.2m $301.4m | Added +2.7m |
| COHEN & STEERS, INC. 0.57% of their portfolio | 8.2m $300.8m | Reduced -723.8k |
| FRANKLIN RESOURCES INC 0.07% of their portfolio | 6.6m $244.3m | Added +14.4k |
| Newport Trust Company, LLC 0.54% of their portfolio | 6.0m $221.3m | Reduced -83.5k |
| Capital International Investors 0.04% of their portfolio | 6.0m $220.0m | New |
| Pictet Asset Management Holding SA 0.23% of their portfolio | 5.8m $213.1m | Reduced -402.1k |
| NORGES BANK 0.03% of their portfolio | 5.3m $195.7m | Added +1.3m |
| Brookfield Corp /ON/ 0.56% of their portfolio | 5.0m $184.9m | Added +2.4m |
| ROYAL BANK OF CANADA 0.04% of their portfolio | 4.8m $177.2m | Added +239.9k |
| WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio | 4.6m $169.4m | Reduced -1.4m |
| NORTHERN TRUST CORP 0.02% of their portfolio | 4.4m $162.9m | Added +687.1k |
| Bank of New York Mellon Corp 0.03% of their portfolio | 4.3m $156.7m | Added +155.8k |
| MORGAN STANLEY 0.01% of their portfolio | 4.2m $153.0m | Reduced -628.4k |
| Thrivent Financial for Lutherans 0.30% of their portfolio | 4.1m $152.3m | Reduced -506.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 4.1m $151.5m | Added +207.4k |
| REAVES W H & CO INC 3.90% of their portfolio | 4.0m $148.0m | Added +257.9k |
| Legal & General Group Plc 0.04% of their portfolio | 3.9m $144.9m | Reduced -265.3k |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 1.69% of their portfolio | 3.8m $141.5m | Reduced -50.5k |
| ExodusPoint Capital Management, LP 1.30% of their portfolio | 3.4m $124.8m | Reduced -2.5m |
| UBS Group AG 0.03% of their portfolio | 3.1m $113.3m | Added +1.2m |
| Soroban Capital Partners LP 1.47% of their portfolio | 3.0m $109.9m | Unchanged |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 2.9m $107.7m | Reduced -1.4m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 2.9m $105.4m | Added +280.5k |
| Assenagon Asset Management S.A. 0.18% of their portfolio | 2.7m $99.7m | Added +483.5k |
| THOMPSON SIEGEL & WALMSLEY LLC 1.47% of their portfolio | 2.6m $93.8m | Reduced -918.8k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 2.5m $93.7m | Added +46.1k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 2.5m $92.1m | Reduced -627.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.05% of their portfolio | 2.3m $85.8m | Added +90.8k |
| Maple-Brown Abbott Ltd 10.36% of their portfolio | 2.3m $85.0m | Reduced -756.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 2.3m $82.9m | Reduced -1.2m |
| CITADEL ADVISORS LLC 0.07% of their portfolio | 2.1m $78.0m | Reduced -3.3m |
| California Public Employees Retirement System 0.05% of their portfolio | 2.1m $76.3m | Added +43.6k |
| Employees Retirement System of Texas 0.65% of their portfolio | 2.1m $76.0m | Unchanged |
| BANK OF MONTREAL /CAN/ 0.04% of their portfolio | 2.0m $74.7m | Reduced -3.1m |
| Nuveen Asset Management, LLC 0.02% of their portfolio | 2.0m $73.8m | Reduced -115.0k |
| Verition Fund Management LLC 0.36% of their portfolio | 1.9m $70.7m | Reduced -547.4k |
| FIRST TRUST ADVISORS LP 0.06% of their portfolio | 1.8m $68.0m | Added +106.1k |
| Epoch Investment Partners, Inc. 0.32% of their portfolio | 1.8m $66.2m | Reduced -398.0k |
| Amundi 0.02% of their portfolio | 1.7m $63.6m | Reduced -165.3k |
| TD Asset Management Inc 0.06% of their portfolio | 1.7m $63.0m | Reduced -152.8k |
| TCW GROUP INC 0.53% of their portfolio | 1.7m $62.6m | Added +183.7k |
| BARCLAYS PLC 0.03% of their portfolio | 1.7m $61.2m | Added +312.9k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 1.6m $59.7m | Reduced -40.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.05% of their portfolio | 1.5m $55.6m | Reduced -230.0k |
| Point72 Asset Management, L.P. 0.15% of their portfolio | 1.4m $53.2m | Added +492.7k |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 0.88% of their portfolio | 1.4m $49.7m | Added +224 |
| FIL Ltd 0.05% of their portfolio | 1.3m $49.4m | Reduced -132.0k |
| VAUGHAN DAVID INVESTMENTS LLC/IL 1.16% of their portfolio | 1.3m $48.9m | Added +11.3k |
| Hudson Bay Capital Management LP 0.29% of their portfolio | 1.3m $48.2m | Reduced -119.3k |
| Merewether Investment Management, LP 1.89% of their portfolio | 1.3m $47.4m | New |
| Bahl & Gaynor LLC 0.25% of their portfolio | 1.3m $46.7m | Added +135.8k |
| Swiss National Bank 0.03% of their portfolio | 1.3m $46.6m | Reduced -63.2k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.11% of their portfolio | 1.2m $43.6m | Added +257.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.04% of their portfolio | 1.2m $43.0m | Reduced -152.2k |
| STRS OHIO 0.16% of their portfolio | 1.1m $39.7m | Reduced -163.4k |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 1.0m $38.0m | Added +33.7k |
| VOYA INVESTMENT MANAGEMENT LLC 0.04% of their portfolio | 1.0m $37.8m | Added +36.7k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.04% of their portfolio | 998.7k $36.7m | Reduced -289.6k |
| First Financial Bankshares Inc 0.79% of their portfolio | 998.2k $36.7m | Reduced -4.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio | 969.0k $35.6m | Added +275.9k |
| Capital International, Inc./CA/ 0.41% of their portfolio | 941.6k $34.6m | New |
| AQR CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 904.9k $33.3m | Reduced -390.5k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 888.1k $32.6m | Reduced -4.0k |
| Retirement Systems of Alabama 0.12% of their portfolio | 886.4k $32.6m | Added +3.1k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.20% of their portfolio | 884.8k $32.5m | Added +31.8k |
| CRAMER ROSENTHAL MCGLYNN LLC 1.82% of their portfolio | 878.5k $32.3m | Added +8.8k |
| Ensign Peak Advisors, Inc 0.06% of their portfolio | 851.8k $31.3m | Reduced -5.9k |
| HSBC HOLDINGS PLC 0.02% of their portfolio | 835.5k $30.7m | Added +241.2k |
| MACQUARIE GROUP LTD 0.03% of their portfolio | 801.1k $28.8m | Added +145.9k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.03% of their portfolio | 790.1k $28.8m | Added +109.8k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 775.6k $28.5m | Added +77.5k |
| CWM, LLC 0.12% of their portfolio | 759.3k $27.9m | Reduced -36.6k |
| Yaupon Capital Management LP 1.76% of their portfolio | 755.2k $27.8m | Reduced -67.3k |
| HITE Hedge Asset Management LLC 2.00% of their portfolio | 745.4k $27.4m | Reduced -14.5k |
| SEI INVESTMENTS CO 0.03% of their portfolio | 740.7k $27.2m | Reduced -111.9k |
| EXCHANGE TRADED CONCEPTS, LLC 0.55% of their portfolio | 735.4k $27.0m | Added +21.6k |
| Russell Investments Group, Ltd. 0.04% of their portfolio | 731.0k $26.9m | Reduced -13.7k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 724.6k $26.6m | Added +158.7k |
| National Pension Service 0.02% of their portfolio | 670.3k $24.6m | New |
| Balyasny Asset Management L.P. 0.05% of their portfolio | 642.8k $23.6m | New |
| AE Wealth Management LLC 0.20% of their portfolio | 642.6k $23.6m | Added +34.1k |
| MACKENZIE FINANCIAL CORP 0.01% of their portfolio | 639.2k $23.4m | Added +396.8k |
| NATIXIS ADVISORS, LLC 0.04% of their portfolio | 599.1k $22.0m | Added +12.9k |
| Artemis Investment Management LLP 0.31% of their portfolio | 593.9k $21.8m | New |
| Thomasville National Bank 1.50% of their portfolio | 567.2k $20.9m | Added +16.4k |
| NATIONAL BANK OF CANADA /FI/ 0.03% of their portfolio | 558.6k $20.5m | Reduced -4.3k |
| Badgley Phelps Wealth Managers, LLC 0.47% of their portfolio | 549.0k $20.2m | Added +17.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 535.3k $19.7m | Reduced -21.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 531.3k $19.5m | Reduced -252.8k |
| GUGGENHEIM CAPITAL LLC 0.16% of their portfolio | 526.3k $19.3m | Added +18.9k |