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
-$331,246,453
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% $942,878,858 +$34,865,467 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 1,404,618 $58,510,685 -$54,748,444 $41.76 43
2025 Q3 445,020,770 $19,266,997,891 -$331,246,453 $43.30 772
2025 Q2 453,755,836 $18,300,023,846 +$794,925,372 $40.34 769
2025 Q1 436,550,236 $17,498,639,030 -$456,223,743 $40.09 789
2024 Q4 448,827,238 $16,495,974,743 +$96,595,929 $36.76 732
2024 Q3 444,311,996 $15,391,442,909 +$65,132,284 $34.65 681
2024 Q2 437,783,138 $12,614,468,592 +$398,849,790 $28.81 632
2024 Q1 424,892,296 $11,753,100,968 +$433,077,164 $27.66 627
2023 Q4 409,274,874 $10,867,342,299 +$444,524,255 $26.55 604
2023 Q3 392,393,601 $9,685,748,668 -$28,317,831 $24.68 576
2023 Q2 390,585,909 $10,683,907,366 +$72,820,216 $27.35 557
2023 Q1 387,915,509 $10,844,196,544 +$165,679,965 $27.96 583
2022 Q4 383,078,285 $10,505,138,613 +$94,506,776 $27.42 570
2022 Q3 379,616,029 $9,570,408,157 -$222,507,448 $25.19 529
2022 Q2 387,244,348 $11,418,214,995 +$266,987,381 $29.49 519
2022 Q1 379,314,020 $12,053,461,847 +$90,310,203 $31.80 518
2021 Q4 376,695,988 $10,398,229,647 -$43,474 $27.61 503
2021 Q3 375,497,451 $9,095,816,521 +$170,124,039 $24.23 476
2021 Q2 368,276,934 $9,021,296,159 +$84,292,387 $24.50 495
2021 Q1 364,383,422 $8,777,443,007 +$174,201,294 $24.11 472
2020 Q4 357,585,284 $8,197,352,477 -$53,320,876 $22.94 444
2020 Q3 360,596,900 $7,931,601,787 +$219,270,659 $22.00 445
2020 Q2 349,920,881 $7,964,294,031 +$134,739,481 $22.74 440
2020 Q1 347,459,088 $8,673,483,754 -$21,192,832 $24.97 467
2019 Q4 347,780,037 $9,680,819,090 +$74,839,477 $27.84 482
2019 Q3 343,606,674 $10,280,028,132 -$214,965,152 $29.92 469
2019 Q2 347,068,783 $9,991,576,064 -$112,856,117 $28.80 472
2019 Q1 352,511,400 $10,098,666,506 +$137,849,875 $28.66 466
2018 Q4 349,051,441 $8,847,707,494 +$263,879,073 $25.35 469
2018 Q3 338,307,558 $8,430,275,286 +$193,544,201 $24.92 457
2018 Q2 331,361,729 $8,707,221,268 +$746,522,902 $26.28 461
2018 Q1 302,952,070 $7,241,680,156 +$222,109,775 $23.91 457
2017 Q4 293,479,214 $7,532,600,397 +$346,536,412 $25.67 473
2017 Q3 279,353,417 $7,146,513,557 +$256,690,902 $25.59 442
2017 Q2 269,298,826 $6,831,674,346 +$48,876,350 $25.36 444
2017 Q1 269,124,701 $6,402,427,300 +$581,684,076 $23.79 437
2016 Q4 266,922,816 $5,909,430,466 -$82,203,906 $22.14 439
2016 Q3 268,843,430 $6,477,941,222 +$54,699,090 $24.11 441
2016 Q2 266,418,541 $7,058,835,291 +$82,600,207 $26.52 434
2016 Q1 263,630,841 $6,205,909,100 -$37,615,664 $23.56 414
2015 Q4 266,060,550 $5,191,574,240 +$15,115,646 $19.51 389
2015 Q3 264,408,983 $4,903,499,854 -$191,005,852 $18.55 370
2015 Q2 246,841,215 $11,252,695,473 -$253,166,403 $45.59 440
2015 Q1 257,865,943 $11,384,567,785 +$223,526,337 $44.16 426
2014 Q4 253,920,126 $10,774,206,551 +$132,737,005 $42.42 426
2014 Q3 254,424,225 $10,425,626,077 -$51,714,151 $40.98 416
2014 Q2 255,625,039 $10,055,711,486 +$287,231,340 $39.34 400
2014 Q1 248,199,828 $8,817,850,864 +$26,631,070 $35.53 398