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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
Fuller & Thaler Asset Management, Inc.550,283$32.3M0.11%+803+0.1%Added
Raymond James Financial Inc561,930$32.9M0.01%+88,887+18.8%Added
GW&K Investment Management, LLC605,265$35.5M0.31%−17,370−2.8%Reduced
Royal Bank of Canada613,246$35.9M0.01%+595,658+3,386.7%Added
Victory Capital Management Inc641,440$37.6M0.02%−149,351−18.9%Reduced
Massachusetts Financial Services Co646,893$37.9M0.01%−206,339−24.2%Reduced
Nuveen, LLC654,536$38.4M0.01%−41,687−6.0%Reduced
Morgan Stanley788,961$46.2M0.00%−75,787−8.8%Reduced
ProShare Advisors LLC794,913$46.6M0.10%+100,381+14.5%Added
Northern Trust Corp811,749$47.6M0.01%−4,796−0.6%Reduced
Invesco Ltd.817,838$47.9M0.01%+21,380+2.7%Added
First Trust Advisors LP832,389$48.8M0.04%−81,522−8.9%Reduced
Charles Schwab Investment Management Inc838,789$49.2M0.01%−16,261−1.9%Reduced
Bank of America Corp855,585$50.1M0.00%−366,791−30.0%Reduced
Bank of New York Mellon Corp861,330$50.5M0.01%−11,842−1.4%Reduced
Westwood Holdings Group Inc.981,250$57.5M0.41%−137,400−12.3%Reduced
Dimensional Fund Advisors LP1,010,359$59.2M0.01%−3,681−0.4%Reduced
FMR LLC1,123,183$65.8M0.00%−84,296−7.0%Reduced
AQR Capital Management LLC1,147,269$67.2M0.04%+471,125+69.7%Added
Systematic Financial Management LP1,176,980$69.0M1.68%+31,671+2.8%Added
Macquarie Group Ltd1,185,751$69.5M0.08%−123,240−9.4%Reduced
Neuberger Berman Group LLC1,268,440$74.3M0.05%−5,559−0.4%Reduced
Franklin Resources Inc1,338,278$78.4M0.02%+4,261+0.3%Added
Geode Capital Management, LLC1,625,762$95.3M0.01%+48,297+3.1%Added
River Road Asset Management, LLC2,291,490$134.3M1.50%−7,663−0.3%Reduced
State Street Corp2,622,967$153.7M0.01%+28,482+1.1%Added
American Century Companies Inc2,968,816$174.0M0.09%+16,602+0.6%Added
Vanguard Group Inc6,695,664$392.4M0.01%−255,350−3.7%Reduced
BlackRock, Inc.8,427,244$493.9M0.01%−318,984−3.6%Reduced
Cubist Systematic Strategies, LLC0$00.00%−136,715−100.0%Sold out
Two Sigma Investments, LP0$00.00%−132,951−100.0%Sold out
Kempen Capital Management N.V.0$00.00%−131,048−100.0%Sold out
Jupiter Asset Management Ltd0$00.00%−117,404−100.0%Sold out
Two Sigma Advisers, LP0$00.00%−106,300−100.0%Sold out
First Eagle Investment Management, LLC0$00.00%−72,999−100.0%Sold out
Campbell & CO Investment Adviser LLC0$00.00%−64,359−100.0%Sold out
Y-Intercept (Hong Kong) Ltd0$00.00%−48,192−100.0%Sold out
HSBC Holdings PLC0$00.00%−43,816−100.0%Sold out
Eagle Global Advisors LLC0$00.00%−25,550−100.0%Sold out
Capital Fund Management S.A.0$00.00%−25,402−100.0%Sold out
Horizon Investments, LLC0$00.00%−22,933−100.0%Sold out
Trexquant Investment LP0$00.00%−21,960−100.0%Sold out
Convergence Investment Partners, LLC0$00.00%−20,768−100.0%Sold out
Ensign Peak Advisors, Inc0$00.00%−20,680−100.0%Sold out
Winton Group Ltd0$00.00%−20,235−100.0%Sold out
Money Concepts Capital Corp0$00.00%−19,624−100.0%Sold out
Dynamic Technology Lab Private Ltd0$00.00%−17,798−100.0%Sold out
Point72 Asset Management, L.P.0$00.00%−16,419−100.0%Sold out
Exchange Traded Concepts, LLC0$00.00%−14,659−100.0%Sold out
ISAM Funds (UK) Ltd0$00.00%−13,394−100.0%Sold out
Graham Capital Management, L.P.0$00.00%−13,239−100.0%Sold out
Gsa Capital Partners LLP0$00.00%−11,638−100.0%Sold out
MQS Management LLC0$00.00%−11,050−100.0%Sold out
D. E. Shaw & Co., Inc.0$00.00%−7,950−100.0%Sold out
Allspring Global Investments Holdings, LLC0$00.00%−7,042−100.0%Sold out
State of Wyoming0$00.00%−6,839−100.0%Sold out
Sciencast Management LP0$00.00%−6,709−100.0%Sold out
Point72 Asia (Singapore) Pte. Ltd.0$00.00%−6,303−100.0%Sold out
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main0$00.00%−5,024−100.0%Sold out
Arete Wealth Advisors, LLC0$00.00%−4,949−100.0%Sold out
HighTower Advisors, LLC0$00.00%−4,753−100.0%Sold out
Kestra Investment Management, LLC0$00.00%−4,451−100.0%Sold out
Prosperity Consulting Group, LLC0$00.00%−4,521−100.0%Sold out
Steel Peak Wealth Management LLC0$00.00%−4,174−100.0%Sold out
Axq Capital, LP0$00.00%−4,157−100.0%Sold out
Blueshift Asset Management, LLC0$00.00%−4,138−100.0%Sold out
Shaker Investments LLC0$00.00%−4,062−100.0%Sold out
Mitsubishi UFJ Trust & Banking Corp0$00.00%−3,824−100.0%Sold out
Bryn Mawr Trust Co0$00.00%−2,098−100.0%Sold out
Aster Capital Management (DIFC) Ltd0$00.00%−1,834−100.0%Sold out
USA Financial Portformulas Corp0$00.00%−1,038−100.0%Sold out
Quarry LP0$00.00%−711−100.0%Sold out
S.A. Mason LLC0$00.00%−567−100.0%Sold out
Operose Advisors LLC0$00.00%−300−100.0%Sold out
Skopos Labs, Inc.0$00.00%−274−100.0%Sold out
Annis Gardner Whiting Capital Advisors, LLC0$00.00%−242−100.0%Sold out
Addison Advisors LLC0$00.00%−150−100.0%Sold out
Twin Peaks Wealth Advisors, LLC0$00.00%−36−100.0%Sold out
NewSquare Capital LLC0$00.00%−35−100.0%Sold out
Avion Wealth0$00.00%−9−100.0%Sold out
Norges Bank––––Not filed
Schnieders Capital Management LLC––––Not filed
CIBC World Markets Corp––––Not filed
First Horizon Advisors, Inc.––––Not filed
Parkworth Wealth Management, Inc.––––Not filed