| 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, 70 institutional investors reported holding 5,142,790 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. | 7.4% | 1,531,082 | +4.5% | 5.6% | $20,363,000 |
| Newtyn Management, LLC | 3.2% | 670,000 | 0% | 0.94% | $8,911,000 |
| 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 |
| TCW GROUP INC | 1.4% | 283,191 | -19% | 0.03% | $3,766,440 |
| GEODE CAPITAL MANAGEMENT, LLC | 0.84% | 173,765 | +1.3% | 0% | $2,311,322 |
| Philadelphia Financial Management of San Francisco, LLC | 0.76% | 157,719 | +3.3% | 0.43% | $2,097,663 |
| 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 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | 0.38% | 79,234 | +3.3% | 0.02% | $1,053,812 |
| NORTHERN TRUST CORP | 0.27% | 56,763 | -8.5% | 0% | $754,948 |
| 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 |
| BOOTHBAY FUND MANAGEMENT, LLC | 0.15% | 31,000 | 0% | 0.01% | $412,300 |
| CITADEL ADVISORS LLC | 0.14% | 29,688 | +6.3% | 0% | $394,850 |
| Empowered Funds, LLC | 0.14% | 29,234 | +9.6% | 0.01% | $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 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 5,142,790 | $68,398,911 | +$671,237 | $13.30 | 70 |
| 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 |