Vault-13

NISOURCE INC NI 7.75 03.01.24

UNIT 12/01/2023 · PUBLIC · CUSIP 65473P121

31 institutional holders -9 vs Q2 2023
8,130,3328.1m shares reported held*
$814.3mreported value*
8 new 10 added 8 reduced 18 sold out net sold ≈ $6.8m (-4.5m shares)

* 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. Holder counts are more reliable. Implied quarter-end price ≈ $100.15.

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 40Q4 22: 47Q1 23: 45Q2 23: 40Q3 23: 3131Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 202240
Q4 202247
Q1 202345
Q2 202340
Q3 202331

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q4 22: 26 bought or addedQ4 22: 14 cut or sold outQ4 22Q1 23: 22 bought or addedQ1 23: 23 cut or sold outQ1 23Q2 23: 14 bought or addedQ2 23: 24 cut or sold outQ2 23Q3 23: 18 bought or addedQ3 23: 26 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222614
Q1 20232223
Q2 20231424
Q3 20231826

Biggest buyers

Weiss Asset Management LP New +1,486,977+1.5m
Verition Fund Management LLC Added +1,007,644+1.0m
TWO SIGMA INVESTMENTS, LP Added +586,965+587.0k
D. E. Shaw & Co., Inc. New +540,000+540.0k
WOLVERINE ASSET MANAGEMENT LLC Added +165,151+165.2k
MORGAN STANLEY Added +154,319+154.3k
Aequim Alternative Investments LP Added +112,500+112.5k
FMR LLC Added +84,000+84.0k
Nuveen Asset Management, LLC New +59,536+59.5k
VAN ECK ASSOCIATES CORP Added +50,710+50.7k

Biggest sellers

Russell Investments Group, Ltd. Sold out -5,129,000-5.1m
MANUFACTURERS LIFE INSURANCE COMPANY, THE Sold out -821,140-821.1k
AMERIPRISE FINANCIAL INC Sold out -722,500-722.5k
PRICE T ROWE ASSOCIATES INC /MD/ Reduced -716,500-716.5k
ADVENT CAPITAL MANAGEMENT /DE/ Sold out -651,680-651.7k
VICTORY CAPITAL MANAGEMENT INC Reduced -318,599-318.6k
STATE STREET CORP Sold out -182,888-182.9k
Invesco Ltd. Sold out -181,150-181.2k
PIER 88 INVESTMENT PARTNERS LLC Sold out -180,720-180.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -147,227-147.2k

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Weiss Asset Management LP 11.51% of their portfolio BOSTON, MA 1,486,9771.5m $145.0m $145.0m 11.51% New
2 Verition Fund Management LLC 1.39% of their portfolio GREENWICH, CT 1,067,6441.1m $104.3m $104.3m 1.39% Added +1.0m +1,007,644
3 TWO SIGMA INVESTMENTS, LP 0.28% of their portfolio NEW YORK, NY 1,031,9651.0m $100.6m $100.6m 0.28% Added +587.0k +586,965
4 Aequim Alternative Investments LP 3.33% of their portfolio MILL VALLEY, CA 900,000900.0k $87.7m $87.7m 3.33% Added +112.5k +112,500
5 BlackRock Inc. 0.00% of their portfolio New York, NY 741,637741.6k $72.3m $72.3m 0.00% Added +33.3k +33,297
6 FRANKLIN RESOURCES INC 0.03% of their portfolio San Mateo, CA 584,230584.2k $56.9m $56.9m 0.03% Unchanged
7 D. E. Shaw & Co., Inc. 0.09% of their portfolio New York, NY 540,000540.0k $52.6m $52.6m 0.09% New
8 VICTORY CAPITAL MANAGEMENT INC 0.06% of their portfolio San Antonio, TX 521,332521.3k $50.8m $50.8m 0.06% Reduced -318.6k -318,599
9 WOLVERINE ASSET MANAGEMENT LLC 0.61% of their portfolio CHICAGO, IL 337,786337.8k $32.8m $32.8m 0.61% Added +165.2k +165,151
10 VAN ECK ASSOCIATES CORP 0.05% of their portfolio NEW YORK, NY 251,413251.4k $24.5m $24.5m 0.05% Added +50.7k +50,710
11 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 248,435248.4k $24.2m $24.2m 0.00% Added +154.3k +154,319
12 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 221,948221.9k $21.7m $21.7m 0.00% Reduced -716.5k -716,500
13 Thrivent Financial for Lutherans 0.03% of their portfolio Minneapolis, MN 124,585124.6k $12.1m $12.1m 0.03% Reduced -21.0k -21,000
14 FMR LLC 0.00% of their portfolio BOSTON, MA 88,00088.0k $8.6m $8.6m 0.00% Added +84.0k +84,000
15 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 59,53659.5k $58.0k $58.0k 0.00% New
16 Sculptor Capital LP 0.12% of their portfolio New York, NY 50,00050.0k $4.9m $4.9m 0.12% New
17 LAFFER TENGLER INVESTMENTS, INC. 0.93% of their portfolio Scottsdale, AZ 32,29632.3k $3.1m $3.1m 0.93% Reduced -1.3k -1,339
18 CSS LLC/IL 0.26% of their portfolio CHICAGO, IL 31,63831.6k $3.1m $3.1m 0.26% New
19 BlueCrest Capital Management Ltd 0.45% of their portfolio ST HELIER, Y9 29,54229.5k $2.9m $2.9m 0.45% New
20 PALISADE CAPITAL MANAGEMENT, LP 0.07% of their portfolio FORT LEE, NJ 24,63124.6k $2.4m $2.4m 0.07% Reduced -6.5k -6,500
21 INFRASTRUCTURE CAPITAL ADVISORS, LLC 0.20% of their portfolio New York, NY 11,12511.1k $1.1m $1.1m 0.20% Added +1.3k +1,309
22 Chicago Capital Management, LLC 2.03% of their portfolio CHICAGO, IL 7,8847.9k $768.3k $768.3k 2.03% New
23 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 6,0006.0k $584.7k $584.7k 0.00% Unchanged
24 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 5,3345.3k $521.0k $521.0k 0.00% Added +2.9k +2,924
25 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 3,1513.2k $307.1k $307.1k 0.00% Reduced -105.1k -105,097
26 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 2,7732.8k $270.2k $270.2k 0.00% Reduced -147.2k -147,227
27 LANARK FINANCIAL, INC. 0.01% of their portfolio BIRMINGHAM, AL 930930 $90.0k $90.0k 0.01% First filing
28 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 809809 $78.8k $78.8k 0.00% Reduced -121.2k -121,215
29 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 186186 $18.1k $18.1k 0.00% Unchanged
30 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 2929 $2.8k $2.8k 0.00% New
31 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged