NI Holdings, Inc. - Common Stock (NODK) Institutional Ownership

13F Institutional Holders and Ownership History from Q1 2017 to Q4 2025

Type / Class
Equity / Common Stock
Symbol
NODK on Nasdaq
Shares outstanding
20,654,250
Price per share
$13.30
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
3,782,360
Total reported value
$50,305,663
% of total 13F portfolios
0%
Share change
+110,539
Value change
+$1,465,434
Number of holders
51
Price from insider filings
$13.30
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of NI Holdings, Inc. - Common Stock (NODK) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
M3 PARTNERS LP 6.5% $16,904,574 1,336,330 M3 Funds, LLC 31 Dec 2024

As of 31 Dec 2025, 51 institutional investors reported holding 3,782,360 shares of NI Holdings, Inc. - Common Stock (NODK). This represents 18% of the company’s total 20,654,250 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of NI Holdings, Inc. - Common Stock (NODK) together control 18% 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. 7.4% 1,531,082 +4.5% 5.6% $20,363,000
BlackRock, Inc. 2.7% 563,460 +2.4% 0% $7,494,019
VANGUARD GROUP INC 1.8% 365,840 +5.2% 0% $4,865,672
DIMENSIONAL FUND ADVISORS LP 1.6% 325,296 +5.2% 0% $4,326,514
GEODE CAPITAL MANAGEMENT, LLC 0.84% 173,765 +1.3% 0% $2,311,322
STATE STREET CORP 0.67% 137,799 -1.7% 0% $1,832,727
Minerva Advisors LLC 0.63% 129,900 0% 1.2% $1,727,670
Orchard Capital Management, LLC 0.58% 119,629 +0.68% 1.4% $1,591,066
RENAISSANCE TECHNOLOGIES LLC 0.43% 88,091 -6.3% 0% $1,171,610
Arbiter Partners Capital Management LLC 0.25% 51,392 0% 0.37% $683,514
CALDWELL SUTTER CAPITAL, INC. 0.22% 44,469 0% 0.25% $591,438
GOLDMAN SACHS GROUP INC 0.16% 32,983 +113% 0% $438,674
MORGAN STANLEY 0.16% 32,335 +3.8% 0% $430,056
Empowered Funds, LLC 0.14% 29,234 +9.6% 0% $388,812
Asset Allocation & Management Company, LLC 0.1% 21,589 0% 0.11% $287,000
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.1% 20,361 +0.53% 0% $270,801
Nuveen, LLC 0.09% 18,478 0% 0% $245,757
Bank of New York Mellon Corp 0.09% 17,864 -0.48% 0% $237,591
BARCLAYS PLC 0.06% 12,749 +12% 0% $169,562
AE Wealth Management LLC 0.06% 11,906 +6.7% 0% $158,351
JANE STREET GROUP, LLC 0.05% 11,161 +0.5% 0% $148,441
RHUMBLINE ADVISERS 0.04% 9,172 -11% 0% $121,982
JPMORGAN CHASE & CO 0.04% 7,886 -19% 0% $104,884
WELLS FARGO & COMPANY/MN 0.04% 7,677 +46% 0% $102,104
US BANCORP \DE\ 0.03% 6,000 0% 0% $79,800

Institutional Holders of NI Holdings, Inc. - Common Stock (NODK) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 3,782,360 $50,305,663 +$1,465,434 $13.30 51
2025 Q3 5,091,628 $69,044,078 +$820,144 $13.56 68
2025 Q2 5,030,654 $64,092,619 -$1,510,798 $12.74 61
2025 Q1 5,136,257 $73,242,366 +$408,790 $14.26 61
2024 Q4 5,104,102 $80,169,724 +$6,960,109 $15.70 59
2024 Q3 4,660,753 $73,016,830 +$1,766,225 $15.68 53
2024 Q2 4,540,931 $69,477,262 +$101,304 $15.30 54
2024 Q1 4,527,736 $68,561,218 +$516,863 $15.15 49
2023 Q4 4,512,167 $58,606,046 +$420,366 $12.99 50
2023 Q3 4,610,749 $59,341,264 -$4,589,155 $12.87 49
2023 Q2 4,833,244 $71,759,750 -$2,407,208 $14.85 52
2023 Q1 5,001,170 $64,981,924 -$371,483 $13.00 50
2022 Q4 5,028,533 $66,724,538 -$1,000,353 $13.27 50
2022 Q3 5,101,080 $68,161,892 -$770,765 $13.36 48
2022 Q2 5,152,766 $84,161,047 -$299,139 $16.43 49
2022 Q1 5,161,942 $87,443,263 +$221,191 $16.96 52
2021 Q4 5,143,884 $97,220,121 -$730,459 $18.91 49
2021 Q3 5,168,734 $90,774,784 -$1,041,675 $17.56 47
2021 Q2 5,221,850 $99,270,999 +$130,047 $19.01 49
2021 Q1 5,219,727 $96,462,522 -$551,930 $18.48 54
2020 Q4 5,256,202 $86,306,278 +$1,059,087 $16.42 54
2020 Q3 4,898,578 $82,702,293 -$1,688,794 $16.89 49
2020 Q2 4,999,441 $73,838,598 -$2,529,766 $14.77 49
2020 Q1 5,173,967 $70,138,585 +$4,637,066 $13.56 46
2019 Q4 4,825,934 $82,984,196 +$1,113,079 $17.20 47
2019 Q3 4,782,592 $81,972,235 +$1,519,418 $17.14 49
2019 Q2 4,693,559 $82,657,806 +$2,620,748 $17.61 49
2019 Q1 4,585,607 $73,364,944 +$1,031,046 $16.00 47
2018 Q4 4,520,236 $71,100,222 +$38,579 $15.73 51
2018 Q3 4,506,377 $76,009,668 +$2,403,133 $16.87 46
2018 Q2 4,363,985 $73,967,932 +$2,748,468 $16.95 47
2018 Q1 4,207,741 $70,244,421 +$2,190,737 $16.70 44
2017 Q4 4,335,455 $73,585,161 -$1,479,639 $16.98 45
2017 Q3 4,063,555 $72,737,972 -$6,358,062 $17.90 43
2017 Q2 4,417,091 $78,970,275 +$32,864,171 $17.88 41
2017 Q1 2,604,433 $38,880,000 +$38,879,999 $14.93 16