NISOURCE INC. - COMMON STOCK (NI) Institutional Ownership

13F Institutional Holders and Ownership History from Q1 2014 to Q4 2025

Type / Class
Equity / COMMON STOCK
Symbol
NI on NYSE
Shares outstanding
479,348,905
Price per share
$41.76
All holders as of 30 Sep 2025
Q3 2025
Total 13F shares
445,020,770
Total reported value
$19,266,997,891
% of total 13F portfolios
0.01%
Share change
-8,514,568
Value change
-$331,246,374
Number of holders
772
Price from insider filings
$41.76
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of NISOURCE INC. - COMMON STOCK (NI) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
T. Rowe Price Investment Management, Inc. 10% +20% $2,153,187,345 +$411,332,695 50,331,635 +24% T. Rowe Price Investment Management, Inc. 30 Nov 2025
STATE STREET CORP 5% +2% $903,196,205 +$33,398,095 23,762,068 +3.8% STATE STREET CORPORATION 31 Mar 2025

As of 30 Sep 2025, 772 institutional investors reported holding 445,020,770 shares of NISOURCE INC. - COMMON STOCK (NI). This represents 93% of the company’s total 479,348,905 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of NISOURCE INC. - COMMON STOCK (NI) together control 65% 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
VANGUARD GROUP INC 13% 61,375,903 -0.08% 0.04% $2,657,576,600
BlackRock, Inc. 10% 48,208,545 -0.38% 0.04% $2,087,429,966
T. Rowe Price Investment Management, Inc. 9% 43,264,030 +6.3% 1.1% $1,873,333,000
STATE STREET CORP 5.3% 25,580,768 +3.5% 0.04% $1,107,647,254
GEODE CAPITAL MANAGEMENT, LLC 2.5% 12,214,311 -0.24% 0.03% $526,681,072
DEUTSCHE BANK AG\ 2.5% 12,032,242 -14% 0.17% $520,996,078
JENNISON ASSOCIATES LLC 2% 9,527,596 -19% 0.24% $412,544,908
FMR LLC 2% 9,397,902 -4.7% 0.02% $406,929,162
JPMORGAN CHASE & CO 1.8% 8,495,320 +2.2% 0.02% $367,851,701
Capital International Investors 1.7% 8,136,157 +15% 0.06% $352,295,598
Invesco Ltd. 1.7% 7,997,302 -0.25% 0.05% $346,283,178
FRANKLIN RESOURCES INC 1.3% 6,318,263 -3.4% 0.07% $273,580,788
Zimmer Partners, LP 1.2% 5,886,983 +2041% 6.2% $254,906,364
Newport Trust Company, LLC 1.2% 5,737,027 -3.4% 0.57% $248,413,269
COHEN & STEERS, INC. 1.1% 5,438,774 -22% 0.42% $235,499,000
Soroban Capital Partners LP 1.1% 5,149,167 +16% 1.8% $222,958,931
REAVES W H & CO INC 1% 5,009,644 +35% 3.9% $216,917,585
Pictet Asset Management Holding SA 0.93% 4,471,078 -0.26% 0.19% $193,596,463
NORTHERN TRUST CORP 0.93% 4,449,174 -1.6% 0.02% $192,649,234
MORGAN STANLEY 0.91% 4,384,505 -9.4% 0.01% $189,849,222
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.89% 4,242,689 +0.63% 0.03% $183,708,434
GOLDMAN SACHS GROUP INC 0.88% 4,225,427 +18% 0.03% $182,960,979
Legal & General Group Plc 0.85% 4,063,222 -3.9% 0.04% $175,937,509
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC 0.83% 3,959,768 -13% 0.04% $171,457,957
ROYAL BANK OF CANADA 0.8% 3,843,654 -17% 0.03% $166,430,000

Institutional Holders of NISOURCE INC. - COMMON STOCK (NI) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 2,694,752 $112,387,265 -$56,931,343 $41.76 59
2025 Q3 445,020,770 $19,266,997,891 -$331,246,374 $43.30 772
2025 Q2 453,755,836 $18,300,023,846 +$794,925,049 $40.34 769
2025 Q1 436,471,989 $17,495,502,373 -$449,921,007 $40.09 787
2024 Q4 448,528,655 $16,484,918,743 +$238,802,436 $36.76 725
2024 Q3 440,151,291 $15,247,285,448 -$73,733,991 $34.65 677
2024 Q2 438,155,128 $12,625,178,796 +$489,911,946 $28.81 629
2024 Q1 422,212,353 $11,678,973,302 +$342,127,638 $27.66 619
2023 Q4 1,778,708 $47,224,500 -$4,481,176 $26.55 7
2023 Q3 389,061,764 $9,603,521,114 -$27,199,095 $24.68 565
2023 Q2 389,014,692 $10,640,931,792 +$38,360,558 $27.35 547
2023 Q1 386,600,095 $10,807,416,460 +$152,513,189 $27.96 572
2022 Q4 380,418,478 $10,432,280,058 +$104,598,314 $27.42 560
2022 Q3 375,051,752 $9,455,050,565 -$269,071,638 $25.19 514
2022 Q2 384,092,620 $11,315,674,935 +$247,575,341 $29.49 503
2022 Q1 376,525,953 $11,961,068,426 +$98,566,835 $31.80 505
2021 Q4 373,913,209 $10,321,478,973 -$12,781,236 $27.61 494
2021 Q3 375,320,577 $9,091,522,547 +$174,356,464 $24.23 471
2021 Q2 368,145,086 $9,018,057,232 +$90,614,977 $24.50 489
2021 Q1 363,036,447 $8,744,958,263 +$215,460,192 $24.11 468
2020 Q4 356,132,147 $8,164,010,492 -$42,489,869 $22.94 434
2020 Q3 353,778,193 $7,781,585,008 +$193,420,408 $22.00 435
2020 Q2 348,472,822 $7,931,320,132 +$145,787,863 $22.74 433
2020 Q1 345,392,332 $8,621,867,689 +$86,434,436 $24.97 457
2019 Q4 329,620,452 $9,175,253,782 +$10,339,137 $27.84 473
2019 Q3 343,379,564 $10,273,222,767 -$214,592,890 $29.92 464
2019 Q2 331,176,700 $9,536,813,514 -$49,142,184 $28.80 465
2019 Q1 350,687,301 $10,046,475,800 +$154,988,121 $28.66 457
2018 Q4 348,294,084 $8,828,508,488 +$262,592,727 $25.35 462
2018 Q3 336,761,775 $8,390,960,738 +$174,740,612 $24.92 452
2018 Q2 329,675,146 $8,662,889,277 +$752,493,546 $26.28 457
2018 Q1 302,292,954 $7,225,910,819 +$214,988,208 $23.91 452
2017 Q4 293,354,412 $7,529,400,397 +$346,636,761 $25.67 470
2017 Q3 279,231,403 $7,143,390,557 +$254,975,795 $25.59 439
2017 Q2 249,606,057 $6,332,266,346 -$10,521,050 $25.36 441
2017 Q1 268,841,137 $6,395,634,300 +$580,222,669 $23.79 432
2016 Q4 265,786,395 $5,884,269,466 -$55,708,801 $22.14 436
2016 Q3 266,079,102 $6,411,494,222 +$56,709,918 $24.11 437
2016 Q2 265,194,107 $7,026,361,291 +$88,476,526 $26.52 430
2016 Q1 257,078,979 $6,051,544,100 -$29,071,894 $23.56 408
2015 Q4 265,439,794 $5,179,463,240 +$20,445,317 $19.51 385
2015 Q3 260,666,120 $4,834,069,854 -$197,389,069 $18.55 366
2015 Q2 243,690,027 $11,109,115,473 -$221,135,821 $45.59 438
2015 Q1 257,853,920 $11,384,036,850 +$223,384,732 $44.16 427
2014 Q4 253,904,519 $10,773,544,551 +$119,459,844 $42.42 430
2014 Q3 253,022,799 $10,368,196,077 -$50,084,452 $40.98 415
2014 Q2 255,625,039 $10,055,711,486 +$287,199,604 $39.34 403
2014 Q1 248,199,828 $8,817,850,864 +$24,971,596 $35.53 398