| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| M3 PARTNERS LP | 6.5% | $19,056,066 | 1,336,330 | M3 Funds, LLC | 31 Dec 2024 |
As of 30 Sep 2025, 68 institutional investors reported holding 5,091,628 shares of NI Holdings, Inc. - Common Stock (NODK). This represents 25% of the company’s total 20,654,250 outstanding shares.
The largest institutional shareholders of NI Holdings, Inc. - Common Stock (NODK) together control 24% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| M3F, Inc. | 7.1% | 1,464,794 | +0.07% | 5.6% | $19,863,000 |
| Newtyn Management, LLC | 3.2% | 670,000 | 0% | 1.1% | $9,085,200 |
| BlackRock, Inc. | 2.7% | 550,435 | -0.71% | 0% | $7,463,898 |
| TCW GROUP INC | 1.7% | 348,521 | -0.28% | 0.04% | $4,725,945 |
| VANGUARD GROUP INC | 1.7% | 347,595 | -0.64% | 0% | $4,713,388 |
| DIMENSIONAL FUND ADVISORS LP | 1.5% | 309,116 | +1.3% | 0% | $4,191,600 |
| GEODE CAPITAL MANAGEMENT, LLC | 0.83% | 171,473 | +3.5% | 0% | $2,325,439 |
| Philadelphia Financial Management of San Francisco, LLC | 0.74% | 152,719 | +1.6% | 0.41% | $2,070,870 |
| STATE STREET CORP | 0.68% | 140,161 | -0.71% | 0% | $1,900,583 |
| Minerva Advisors LLC | 0.63% | 129,900 | 0% | 1.1% | $1,761,444 |
| Orchard Capital Management, LLC | 0.58% | 118,817 | +3.6% | 2.1% | $1,611,159 |
| RENAISSANCE TECHNOLOGIES LLC | 0.46% | 93,991 | -7.6% | 0% | $1,274,518 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | 0.37% | 76,666 | +3.9% | 0.02% | $1,039,591 |
| NORTHERN TRUST CORP | 0.3% | 62,012 | -4.9% | 0% | $840,884 |
| Arbiter Partners Capital Management LLC | 0.25% | 51,392 | 0% | 0.48% | $696,875 |
| CALDWELL SUTTER CAPITAL, INC. | 0.22% | 44,469 | +53% | 0.26% | $603,000 |
| MORGAN STANLEY | 0.15% | 31,163 | -8.5% | 0% | $422,571 |
| BOOTHBAY FUND MANAGEMENT, LLC | 0.15% | 31,000 | 0% | 0.01% | $420,360 |
| CITADEL ADVISORS LLC | 0.14% | 27,919 | -1.8% | 0% | $378,582 |
| Empowered Funds, LLC | 0.13% | 26,666 | +12% | 0% | $361,591 |
| Asset Allocation & Management Company, LLC | 0.1% | 21,589 | 0% | 0.12% | $293,000 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 0.1% | 20,254 | -11% | 0% | $274,644 |
| Nuveen, LLC | 0.09% | 18,478 | 0% | 0% | $250,561 |
| Bank of New York Mellon Corp | 0.09% | 17,951 | +0.56% | 0% | $243,416 |
| DEUTSCHE BANK AG\ | 0.09% | 17,644 | 0% | $239,253 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 22,939 | $304,955 | -$22,213 | $13.30 | 5 |
| 2025 Q3 | 5,091,628 | $69,044,079 | +$820,144 | $13.56 | 68 |
| 2025 Q2 | 5,030,654 | $64,092,619 | -$1,510,800 | $12.74 | 61 |
| 2025 Q1 | 5,136,238 | $73,242,095 | +$408,789 | $14.26 | 60 |
| 2024 Q4 | 5,104,083 | $80,169,425 | +$6,960,106 | $15.70 | 58 |
| 2024 Q3 | 4,660,734 | $73,016,532 | +$1,768,447 | $15.68 | 52 |
| 2024 Q2 | 4,540,931 | $69,477,111 | +$96,823 | $15.30 | 54 |
| 2024 Q1 | 4,485,191 | $67,916,264 | +$630,250 | $15.15 | 43 |
| 2023 Q4 | 4,512,167 | $58,606,261 | +$252,326 | $12.99 | 50 |
| 2023 Q3 | 4,610,749 | $59,341,225 | -$4,589,153 | $12.87 | 49 |
| 2023 Q2 | 4,833,244 | $71,759,398 | -$2,392,626 | $14.85 | 52 |
| 2023 Q1 | 5,001,170 | $64,981,947 | -$371,534 | $13.00 | 50 |
| 2022 Q4 | 5,028,533 | $66,724,879 | -$1,001,709 | $13.27 | 50 |
| 2022 Q3 | 5,100,680 | $68,156,892 | -$771,926 | $13.36 | 47 |
| 2022 Q2 | 5,142,537 | $83,992,047 | -$302,261 | $16.43 | 46 |
| 2022 Q1 | 5,154,388 | $87,315,263 | +$224,005 | $16.96 | 51 |
| 2021 Q4 | 5,136,164 | $97,074,121 | -$748,333 | $18.91 | 48 |
| 2021 Q3 | 5,168,807 | $90,775,784 | -$1,086,751 | $17.56 | 47 |
| 2021 Q2 | 5,203,015 | $98,860,999 | +$141,174 | $19.01 | 47 |
| 2021 Q1 | 5,219,769 | $96,463,522 | +$444,004 | $18.48 | 54 |
| 2020 Q4 | 4,801,068 | $78,833,278 | +$1,005,492 | $16.42 | 53 |
| 2020 Q3 | 4,446,708 | $75,070,293 | -$1,657,210 | $16.89 | 48 |
| 2020 Q2 | 4,526,438 | $66,853,598 | -$2,608,034 | $14.77 | 46 |
| 2020 Q1 | 5,171,505 | $70,106,585 | +$4,614,900 | $13.56 | 44 |
| 2019 Q4 | 4,825,934 | $82,984,196 | +$1,113,078 | $17.20 | 47 |
| 2019 Q3 | 4,782,592 | $81,972,235 | +$1,517,569 | $17.14 | 49 |
| 2019 Q2 | 4,683,093 | $82,473,806 | +$2,528,435 | $17.61 | 47 |
| 2019 Q1 | 4,461,404 | $71,377,944 | +$1,415,601 | $16.00 | 45 |
| 2018 Q4 | 4,371,955 | $68,768,222 | -$41,262 | $15.73 | 49 |
| 2018 Q3 | 4,506,377 | $76,009,668 | +$2,403,135 | $16.87 | 46 |
| 2018 Q2 | 4,363,985 | $73,967,932 | +$2,746,834 | $16.95 | 47 |
| 2018 Q1 | 4,194,692 | $70,028,421 | +$2,358,686 | $16.70 | 43 |
| 2017 Q4 | 4,310,769 | $73,167,161 | -$1,722,334 | $16.98 | 43 |
| 2017 Q3 | 4,063,555 | $72,737,972 | -$6,318,331 | $17.90 | 43 |
| 2017 Q2 | 4,416,830 | $78,965,275 | +$32,859,165 | $17.88 | 40 |
| 2017 Q1 | 2,604,433 | $38,880,000 | +$38,880,006 | $14.93 | 16 |