Institutional ticker directory tracking stock mentions, long/short ideas, and high-conviction pitches extracted from quarterly hedge fund letters.
| Ticker | Company | Sector | Industry | Pitches | Stance |
|---|---|---|---|---|---|
| Fund / Manager | Thesis Excerpt | Stance | Period / Date | Action |
|---|---|---|---|---|
Reaves Asset Management Jay Rhame (CEO), Tim Porter (CIO) | “NiSource is a regulated natural gas and electric utility serving customers across the Midwest. The manager remains constructive on the company, asserting that recent regulatory turnover and storm restoration expenses represent transitory headwinds that do not compromise its fundamental rate-base growth trajectory. As a regulated utility, NiSource generates predictable returns on equity allowed by regulatory bodies in exchange for capital invested into critical infrastructure. To capture industrial load growth without increasing bills for retail customers, NiSource is utilizing a dedicated generation structure (GenCo) designed to isolate data center power infrastructure costs, preserving regulatory goodwill while expanding its capital expenditure pipeline. Key positive catalysts include concluding new data center supply contracts through GenCo and re-establishing regulatory predictability in Indiana. Key downside risks include unfavorable rate case outcomes, customer affordability pushback, and extreme storm-related restoration costs.” | BULL | Q3 2026 Oct 12, 2026 | View Pitch |
Each excerpt above is the manager's commentary on this ticker specifically. The full letter has the rest of their portfolio thinking, risk discussion, and broader institutional context.