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NorthWestern Energy Group, Inc.

NWE
Exchange
Nasdaq
Industry
Electric & Other Services Combined
SEC CIK
0001993004

No open-market purchases or sales by NorthWestern Energy Group, Inc. insiders were filed in the last 90 days; 376 institutions reported holding it in 13F filings for Q2 2026, worth $4.21B in total; no superinvestor holds it.

13F holders, Q2 2025

Institutional positions in NorthWestern Energy Group, Inc. as of Jun 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
335
−6 vs. Q1 2025
Shares held
60.5M
+1.32M (+2.2%) vs. Q1 2025
Total value
$3.11B
−$315.0M (−9.2%) vs. Q1 2025
New holders
42
129 more added
Sold out
48
113 more reduced

3 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting NWE on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ2 2025: 335 institutions
Q1 2021: 251 institutionsQ2 2021: 262 institutionsQ3 2021: 265 institutionsQ4 2021: 281 institutionsQ1 2022: 275 institutionsQ2 2022: 280 institutionsQ3 2022: 287 institutionsQ4 2022: 301 institutionsQ1 2023: 291 institutionsQ2 2023: 290 institutionsQ3 2023: 274 institutionsQ4 2023: 278 institutionsQ1 2024: 302 institutionsQ2 2024: 298 institutionsQ3 2024: 313 institutionsQ4 2024: 323 institutionsQ1 2025: 344 institutionsQ2 2025: 335 institutionsQ3 2025: 329 institutionsQ4 2025: 358 institutionsQ1 2026: 373 institutionsQ2 2026: 376 institutions
Value heldQ2 2025: $3.11B
Q1 2021: $3.13BQ2 2021: $2.90BQ3 2021: $2.82BQ4 2021: $3.27BQ1 2022: $3.47BQ2 2022: $3.37BQ3 2022: $2.78BQ4 2022: $3.38BQ1 2023: $3.37BQ2 2023: $3.31BQ3 2023: $2.85BQ4 2023: $3.05BQ1 2024: $3.00BQ2 2024: $2.95BQ3 2024: $3.38BQ4 2024: $3.22BQ1 2025: $3.43BQ2 2025: $3.11BQ3 2025: $3.37BQ4 2025: $3.86BQ1 2026: $3.94BQ2 2026: $4.21B
Institutions holding NWE and their total value by quarter
QuarterHoldersValue
Q2 2026376$4.21B
Q1 2026373$3.94B
Q4 2025358$3.86B
Q3 2025329$3.37B
Q2 2025335$3.11B
Q1 2025344$3.43B
Q4 2024323$3.22B
Q3 2024313$3.38B
Q2 2024298$2.95B
Q1 2024302$3.00B
Q4 2023278$3.05B
Q3 2023274$2.85B
Q2 2023290$3.31B
Q1 2023291$3.37B
Q4 2022301$3.38B
Q3 2022287$2.78B
Q2 2022280$3.37B
Q1 2022275$3.47B
Q4 2021281$3.27B
Q3 2021265$2.82B
Q2 2021262$2.90B
Q1 2021251$3.13B

Institutions, Q2 2025

Shares, value and share of portfolio for each institution holding NorthWestern Energy Group, Inc.; share changes are against Q1 2025.

Institutions holding NWE in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Horizon Investments, LLC22,933$1.18M0.02%+22,933New
Schnieders Capital Management LLC23,123$1.19M0.21%+3,775+19.5%Added
Capital Fund Management S.A.25,402$1.30M0.01%+3,791+17.5%Added
Eagle Global Advisors LLC25,550$1.31M0.05%+5,270+26.0%Added
The PNC Financial Services Group, Inc.26,738$1.37M0.00%+416+1.6%Added
Mackenzie Financial Corp26,741$1.37M0.00%+3,956+17.4%Added
BNP Paribas Arbitrage, SA26,901$1.38M0.00%−6,418−19.3%Reduced
Janus Henderson Group PLC26,914$1.38M0.00%00.0%Unchanged
Amalgamated Bank27,038$1.39M0.01%−388−1.4%Reduced
Naples Global Advisors, LLC28,915$1.48M0.13%+1,100+4.0%Added
Brinker Capital Investments, LLC28,968$1.49M0.01%+2,586+9.8%Added
Intech Investment Management LLC29,631$1.52M0.01%−2,433−7.6%Reduced
Quest Partners LLC31,015$1.59M0.16%−29,973−49.1%Reduced
Teacher Retirement System of Texas32,585$1.67M0.01%+1,532+4.9%Added
Citigroup Inc32,817$1.68M0.00%−23,786−42.0%Reduced
DekaBank Deutsche Girozentrale33,664$1.69M0.00%00.0%Unchanged
DC Investments Management, LLC32,976$1.69M0.71%00.0%Unchanged
Aristotle Capital Boston, LLC33,819$1.73M0.09%−6,390−15.9%Reduced
State of New Jersey Common Pension Fund D34,439$1.77M0.01%−1,174−3.3%Reduced
State of Wisconsin Investment Board38,178$1.96M0.00%−1,836−4.6%Reduced
Bank of Montreal38,223$1.96M0.00%−1,217−3.1%Reduced
Public Employees Retirement System of Ohio38,886$1.99M0.01%+3,930+11.2%Added
Lesa Sroufe & Co39,656$2.03M1.87%+2,263+6.1%Added
Squarepoint Ops LLC39,736$2.04M0.00%+19,102+92.6%Added
HSBC Holdings PLC43,816$2.24M0.00%−23,946−35.3%Reduced
Verition Fund Management LLC46,154$2.37M0.01%−6,723−12.7%Reduced
Engineers Gate Manager LP47,348$2.43M0.03%+47,348New
Magellan Asset Management Ltd47,850$2.45M0.03%−1,270−2.6%Reduced
Y-Intercept (Hong Kong) Ltd48,192$2.47M0.06%+48,192New
North Star Investment Management Corp.49,615$2.55M0.18%+836+1.7%Added
Martingale Asset Management L P49,794$2.55M0.06%+223+0.4%Added
Susquehanna Portfolio Strategies, LLC49,872$2.56M0.06%+49,872New
Nisa Investment Advisors, LLC52,152$2.68M0.01%+5,975+12.9%Added
Marshall Wace, LLP52,771$2.71M0.00%−137,211−72.2%Reduced
SEI Investments Co54,468$2.79M0.00%−262,744−82.8%Reduced
Mathes Company, Inc.55,205$2.83M1.05%+55,205New
Maryland State Retirement & Pension System55,315$2.84M0.06%+3,304+6.4%Added
Envestnet Asset Management Inc55,378$2.84M0.00%+622+1.1%Added
Commonwealth Equity Services, LLC59,466$3.05M0.00%+5,642+10.5%Added
Comerica Bank59,877$3.07M0.01%+1,090+1.9%Added
California State Teachers Retirement System60,875$3.12M0.00%+110+0.2%Added
Millennium Management LLC61,793$3.17M0.00%−36,837−37.3%Reduced
Deroy & Devereaux Private Investment Counsel Inc63,020$3.23M0.17%−1,595−2.5%Reduced
Campbell & CO Investment Adviser LLC64,359$3.30M0.21%+60,130+1,421.8%Added
Wells Fargo & Company64,546$3.31M0.00%−12,241−15.9%Reduced
Manufacturers Life Insurance Company, The66,067$3.39M0.00%−1,509−2.2%Reduced
Heartland Advisors Inc69,504$3.57M0.20%+13,202+23.4%Added
First Eagle Investment Management, LLC72,999$3.74M0.01%−60,200−45.2%Reduced
Federated Hermes, Inc.73,268$3.76M0.01%−5,076−6.5%Reduced
Deutsche Bank AG73,310$3.76M0.00%−75−0.1%Reduced
Oliver Luxxe Assets LLC74,255$3.81M0.68%+2,563+3.6%Added
Retirement Systems of Alabama75,020$3.85M0.01%+376+0.5%Added
New York State Teachers Retirement System75,475$3.87M0.01%−30.0%Reduced
Boston Partners75,542$3.88M0.00%+46,786+162.7%Added
Conning Inc.77,076$3.95M0.14%00.0%Unchanged
Great West Life Assurance Co77,210$3.96M0.01%+2,664+3.6%Added
Susquehanna International Group, LLP82,869$4.25M0.01%−27,252−24.7%Reduced
Wedge Capital Management L L P87,806$4.50M0.08%−2,382−2.6%Reduced
First Manhattan Co88,644$4.55M0.01%−5,055−5.4%Reduced
Brevan Howard Capital Management LP90,320$4.63M0.05%+47,123+109.1%Added
Citadel Advisors LLC91,116$4.67M0.00%+49,130+117.0%Added
Meritage Portfolio Management92,946$4.77M0.30%−1,543−1.6%Reduced
Voloridge Investment Management, LLC94,638$4.85M0.02%−85,748−47.5%Reduced
Mairs & Power Inc102,928$5.28M0.05%−20,957−16.9%Reduced
Two Sigma Advisers, LP106,300$5.45M0.01%−5,000−4.5%Reduced
Advisors Asset Management, Inc.107,950$5.54M0.10%−22,013−16.9%Reduced
First PREMIER Bank114,032$5.85M1.42%+42,784+60.0%Added
Swiss National Bank117,083$6.01M0.00%−1,700−1.4%Reduced
Jupiter Asset Management Ltd117,404$6.02M0.05%−53,647−31.4%Reduced
Alliancebernstein L.P.118,226$6.06M0.00%−8,989−7.1%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys118,357$6.07M0.03%+798+0.7%Added
South Dakota Investment Council122,311$6.28M0.12%00.0%Unchanged
Yaupon Capital Management LP122,414$6.28M0.42%+122,414New
Prudential Financial Inc126,402$6.48M0.01%+30,016+31.1%Added
Connor, Clark & Lunn Investment Management Ltd.128,561$6.60M0.02%+87,360+212.0%Added
Kempen Capital Management N.V.131,048$6.72M0.06%+24,554+23.1%Added
Two Sigma Investments, LP132,951$6.82M0.01%+17,063+14.7%Added
Price T Rowe Associates Inc133,291$6.84M0.00%+20,631+18.3%Added
Dark Forest Capital Management LP134,812$6.92M0.28%+119,494+780.1%Added
Cubist Systematic Strategies, LLC136,715$7.01M0.08%+114,391+512.4%Added
Mutual of America Capital Management LLC137,020$7.03M0.08%+20,931+18.0%Added
Ameriprise Financial Inc138,184$7.09M0.00%−7,859−5.4%Reduced
Barclays PLC154,416$7.92M0.00%+28,575+22.7%Added
Aventail Capital Group, LP174,584$8.96M0.40%+7,582+4.5%Added
Jane Street Group, LLC178,763$9.17M0.01%−64,307−26.5%Reduced
Renaissance Technologies LLC185,126$9.50M0.01%+45,400+32.5%Added
UBS Asset Management Americas Inc199,284$10.2M0.00%+44,508+28.8%Added
Russell Investments Group, Ltd.201,628$10.3M0.01%+5,484+2.8%Added
Hotchkis & Wiley Capital Management LLC211,979$10.9M0.04%−28,832−12.0%Reduced
Brandywine Global Investment Management, LLC212,475$10.9M0.08%−8,300−3.8%Reduced
Goldman Sachs Group Inc216,738$11.1M0.00%−80,047−27.0%Reduced
Ancora Advisors, LLC219,385$11.3M0.23%−1,940−0.9%Reduced
Rhumbline Advisers221,810$11.4M0.01%+11,932+5.7%Added
Bridgewater Associates, LP252,753$13.0M0.05%+156,865+163.6%Added
Principal Financial Group Inc270,624$13.9M0.01%+89,432+49.4%Added
Gamco Investors, Inc. Et Al273,350$14.0M0.14%00.0%Unchanged
MetLife Investment Management294,567$15.1M0.09%+193,292+190.9%Added
JPMorgan Chase & Co296,304$15.2M0.00%−32,288−9.8%Reduced
Mirae Asset Global ETFs Holdings Ltd.309,551$15.9M0.03%+10,380+3.5%Added
Legal & General Group Plc333,623$17.1M0.00%+2,724+0.8%Added