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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, Q3 2025

Institutional positions in NorthWestern Energy Group, Inc. as of Sep 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
329
−1 vs. Q2 2025
Shares held
57.6M
−2.13M (−3.6%) vs. Q2 2025
Total value
$3.37B
+$306.0M (+10.0%) vs. Q2 2025
New holders
50
129 more added
Sold out
51
116 more reduced

5 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 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 holdersQ3 2025: 329 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 heldQ3 2025: $3.37B
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, Q3 2025

Shares, value and share of portfolio for each institution holding NorthWestern Energy Group, Inc.; share changes are against Q2 2025.

Institutions holding NWE in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Van Eck Associates Corp22,334$1.31M0.00%+1,436+6.9%Added
Intech Investment Management LLC22,525$1.32M0.01%−7,106−24.0%Reduced
Creative Planning23,525$1.38M0.00%+12,847+120.3%Added
Schnieders Capital Management, LLC.23,698$1.39M0.25%+23,698New
CNH Partners LLC23,947$1.40M0.04%+23,947New
SRS Capital Advisors, Inc.24,485$1.44M0.02%+24,472+188,246.2%Added
HRT Financial LP25,436$1.49M0.01%+6,424+33.8%Added
Quest Partners LLC25,659$1.50M0.10%−5,356−17.3%Reduced
Natixis25,822$1.51M0.01%+25,822New
Voya Investment Management LLC25,882$1.52M0.00%−320,014−92.5%Reduced
CWM, LLC26,125$1.53M0.00%+22,121+552.5%Added
The PNC Financial Services Group, Inc.26,330$1.54M0.00%−408−1.5%Reduced
Heartland Advisors Inc26,805$1.57M0.08%−42,699−61.4%Reduced
Janus Henderson Group PLC26,914$1.58M0.00%00.0%Unchanged
Amalgamated Bank26,950$1.58M0.01%−88−0.3%Reduced
Alps Advisors Inc28,427$1.67M0.01%+8,304+41.3%Added
Naples Global Advisors, LLC29,865$1.75M0.14%+950+3.3%Added
Renaissance Technologies LLC31,426$1.84M0.00%−153,700−83.0%Reduced
Aristotle Capital Boston, LLC31,699$1.86M0.10%−2,120−6.3%Reduced
Dark Forest Capital Management LP31,776$1.86M0.07%−103,036−76.4%Reduced
DekaBank Deutsche Girozentrale33,664$1.93M0.00%00.0%Unchanged
Brinker Capital Investments, LLC32,942$1.93M0.01%+3,974+13.7%Added
DC Investments Management, LLC32,976$1.93M0.80%00.0%Unchanged
Public Employees Retirement System of Ohio35,771$2.10M0.01%−3,115−8.0%Reduced
Capula Management Ltd35,778$2.10M0.02%+35,778New
Cerity Partners LLC36,066$2.11M0.00%+25,061+227.7%Added
State of Wisconsin Investment Board36,294$2.13M0.00%−1,884−4.9%Reduced
Bank of Montreal36,873$2.16M0.00%−1,350−3.5%Reduced
State of New Jersey Common Pension Fund D37,271$2.18M0.01%+2,832+8.2%Added
Lesa Sroufe & Co39,731$2.33M1.88%+75+0.2%Added
Voloridge Investment Management, LLC42,989$2.52M0.01%−51,649−54.6%Reduced
Weiss Asset Management LP45,137$2.65M0.04%+45,137New
Nisa Investment Advisors, LLC46,390$2.72M0.01%−5,762−11.0%Reduced
Magellan Asset Management Ltd50,139$2.94M0.03%+2,289+4.8%Added
Martingale Asset Management L P50,144$2.94M0.07%+350+0.7%Added
North Star Investment Management Corp.50,431$2.96M0.19%+816+1.6%Added
Citadel Advisors LLC52,489$3.08M0.00%−38,627−42.4%Reduced
Manufacturers Life Insurance Company, The54,199$3.18M0.00%−11,868−18.0%Reduced
Mathes Company, Inc.55,480$3.25M1.17%+275+0.5%Added
SEI Investments Co56,305$3.30M0.00%+1,837+3.4%Added
Envestnet Asset Management Inc56,345$3.30M0.00%+967+1.7%Added
Maryland State Retirement & Pension System56,910$3.34M0.07%+1,595+2.9%Added
Price T Rowe Associates Inc57,044$3.34M0.00%−76,247−57.2%Reduced
Ieq Capital, LLC57,387$3.36M0.01%+44,264+337.3%Added
Grantham, Mayo, Van Otterloo & Co. LLC58,698$3.44M0.01%+58,698New
California State Teachers Retirement System60,878$3.57M0.00%+30.0%Added
Deroy & Devereaux Private Investment Counsel Inc62,095$3.64M0.18%−925−1.5%Reduced
Comerica Bank62,599$3.67M0.01%+2,722+4.5%Added
Commonwealth Equity Services, LLC64,460$3.78M0.00%+4,994+8.4%Added
Wells Fargo & Company67,881$3.98M0.00%+3,335+5.2%Added
Millennium Management LLC70,037$4.10M0.00%+8,244+13.3%Added
Connor, Clark & Lunn Investment Management Ltd.70,811$4.15M0.01%−57,750−44.9%Reduced
Verition Fund Management LLC71,517$4.19M0.02%+25,363+55.0%Added
Federated Hermes, Inc.73,265$4.29M0.01%−30.0%Reduced
Retirement Systems of Alabama74,228$4.35M0.01%−792−1.1%Reduced
New York State Teachers Retirement System75,335$4.42M0.01%−140−0.2%Reduced
Wedge Capital Management L L P75,584$4.43M0.08%−12,222−13.9%Reduced
Conning Inc.77,076$4.52M0.15%00.0%Unchanged
Oliver Luxxe Assets LLC77,623$4.55M0.72%+3,368+4.5%Added
Great West Life Assurance Co81,425$4.73M0.01%+4,215+5.5%Added
First Manhattan Co86,449$5.07M0.01%−2,195−2.5%Reduced
Meritage Portfolio Management87,644$5.14M0.34%−5,302−5.7%Reduced
Mairs & Power Inc89,037$5.22M0.05%−13,891−13.5%Reduced
Deutsche Bank AG103,563$6.07M0.00%+30,253+41.3%Added
Aventail Capital Group, LP110,292$6.46M0.31%−64,292−36.8%Reduced
First PREMIER Bank110,996$6.50M1.48%−3,036−2.7%Reduced
Yaupon Capital Management LP115,686$6.78M0.35%−6,728−5.5%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys116,263$6.81M0.03%−2,094−1.8%Reduced
Swiss National Bank118,983$6.97M0.00%+1,900+1.6%Added
South Dakota Investment Council119,111$6.98M0.14%−3,200−2.6%Reduced
Advisors Asset Management, Inc.121,836$7.14M0.12%+13,886+12.9%Added
Ameriprise Financial Inc121,897$7.14M0.00%−16,287−11.8%Reduced
UBS Group AG122,054$7.15M0.00%−1,004,302−89.2%Reduced
New York Life Investment Management LLC129,078$7.57M0.07%+129,078New
Kintayl Capital LP129,994$7.62M5.23%+129,994New
Mutual of America Capital Management LLC130,287$7.64M0.08%−6,733−4.9%Reduced
UBS Asset Management Americas Inc131,830$7.73M0.00%−67,454−33.8%Reduced
Barclays PLC142,094$8.33M0.00%−12,322−8.0%Reduced
Principal Financial Group Inc164,895$9.66M0.00%−105,729−39.1%Reduced
Jane Street Group, LLC179,259$10.5M0.01%+496+0.3%Added
Magnetar Financial LLC195,522$11.5M0.07%+186,499+2,066.9%Added
Alliancebernstein L.P.201,767$11.8M0.00%+83,541+70.7%Added
Brandywine Global Investment Management, LLC205,038$12.0M0.08%−7,437−3.5%Reduced
Rhumbline Advisers217,618$12.8M0.01%−4,192−1.9%Reduced
Ancora Advisors, LLC226,075$13.3M0.27%+6,690+3.0%Added
Hotchkis & Wiley Capital Management LLC231,051$13.5M0.04%+19,072+9.0%Added
Goldman Sachs Group Inc242,514$14.2M0.00%+25,776+11.9%Added
Russell Investments Group, Ltd.253,899$14.9M0.02%+52,271+25.9%Added
Bridgewater Associates, LP264,141$15.5M0.06%+11,388+4.5%Added
Gamco Investors, Inc. Et Al273,350$16.0M0.16%00.0%Unchanged
MetLife Investment Management291,340$17.1M0.08%−3,227−1.1%Reduced
Mirae Asset Global ETFs Holdings Ltd.313,631$18.4M0.03%+4,080+1.3%Added
JPMorgan Chase & Co318,669$18.7M0.00%+22,365+7.5%Added
Legal & General Group Plc319,198$18.7M0.00%−14,425−4.3%Reduced
Citigroup Inc430,361$25.2M0.02%+397,544+1,211.4%Added
William Blair Investment Management, LLC456,220$26.7M0.07%−27,654−5.7%Reduced
Qube Research & Technologies Ltd470,819$27.6M0.04%+41,335+9.6%Added
Thrivent Financial for Lutherans488,885$28.7M0.06%+34,892+7.7%Added
Boston Partners525,581$30.8M0.03%+450,039+595.7%Added
Gabelli Funds LLC546,200$32.0M0.22%00.0%Unchanged