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, Q4 2025
Institutional positions in NorthWestern Energy Group, Inc. as of Dec 31, 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
- 358
- +33 vs. Q3 2025
- Shares held
- 59.8M
- +2.24M (+3.9%) vs. Q3 2025
- Total value
- $3.86B
- +$485.8M (+14.4%) vs. Q3 2025
- New holders
- 57
- 137 more added
- Sold out
- 24
- 121 more reduced
4 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 376 | $4.21B |
| Q1 2026 | 373 | $3.94B |
| Q4 2025 | 358 | $3.86B |
| Q3 2025 | 329 | $3.37B |
| Q2 2025 | 335 | $3.11B |
| Q1 2025 | 344 | $3.43B |
| Q4 2024 | 323 | $3.22B |
| Q3 2024 | 313 | $3.38B |
| Q2 2024 | 298 | $2.95B |
| Q1 2024 | 302 | $3.00B |
| Q4 2023 | 278 | $3.05B |
| Q3 2023 | 274 | $2.85B |
| Q2 2023 | 290 | $3.31B |
| Q1 2023 | 291 | $3.37B |
| Q4 2022 | 301 | $3.38B |
| Q3 2022 | 287 | $2.78B |
| Q2 2022 | 280 | $3.37B |
| Q1 2022 | 275 | $3.47B |
| Q4 2021 | 281 | $3.27B |
| Q3 2021 | 265 | $2.82B |
| Q2 2021 | 262 | $2.90B |
| Q1 2021 | 251 | $3.13B |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding NorthWestern Energy Group, Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 8,613,648 | $555.9M | 0.01% | +186,404+2.2% | Added |
| Vanguard Group Inc | 6,667,340 | $430.3M | 0.01% | −28,324−0.4% | Reduced |
| State Street Corp | 2,637,718 | $170.2M | 0.01% | +14,751+0.6% | Added |
| American Century Companies Inc | 2,039,629 | $131.6M | 0.07% | −929,187−31.3% | Reduced |
| Geode Capital Management, LLC | 1,628,750 | $105.1M | 0.01% | +2,988+0.2% | Added |
| Franklin Resources Inc | 1,436,750 | $92.7M | 0.02% | +98,472+7.4% | Added |
| River Road Asset Management, LLC | 1,263,967 | $81.6M | 0.89% | −1,027,523−44.8% | Reduced |
| Neuberger Berman Group LLC | 1,259,921 | $81.3M | 0.06% | −8,519−0.7% | Reduced |
| Systematic Financial Management LP | 1,159,753 | $74.9M | 1.76% | −17,227−1.5% | Reduced |
| FMR LLC | 1,124,935 | $72.6M | 0.00% | +1,752+0.2% | Added |
| Nomura Asset Management International Inc. | 1,025,302 | $66.2M | 0.10% | +1,025,302 | New |
| Dimensional Fund Advisors LP | 1,017,415 | $65.7M | 0.01% | +7,056+0.7% | Added |
| Balyasny Asset Management LLC | 1,005,886 | $64.9M | 0.12% | +988,984+5,851.3% | Added |
| Millennium Management LLC | 920,554 | $59.4M | 0.04% | +850,517+1,214.4% | Added |
| Morgan Stanley | 846,080 | $54.6M | 0.00% | +57,119+7.2% | Added |
| Adage Capital Partners GP, L.L.C. | 812,500 | $52.4M | 0.08% | +812,500 | New |
| Charles Schwab Investment Management Inc | 807,138 | $52.1M | 0.01% | −31,651−3.8% | Reduced |
| Westwood Holdings Group Inc. | 787,257 | $50.8M | 0.41% | −193,993−19.8% | Reduced |
| Norges Bank | 778,958 | $50.3M | 0.01% | +778,958 | New |
| Alliancebernstein L.P. | 776,126 | $50.1M | 0.02% | +574,359+284.7% | Added |
| Bank of New York Mellon Corp | 774,920 | $50.0M | 0.01% | −86,410−10.0% | Reduced |
| AQR Capital Management LLC | 769,640 | $49.7M | 0.03% | −377,629−32.9% | Reduced |
| Bank of America Corp | 766,720 | $49.5M | 0.00% | −88,865−10.4% | Reduced |
| Northern Trust Corp | 764,406 | $49.3M | 0.01% | −47,343−5.8% | Reduced |
| UBS Group AG | 707,822 | $45.7M | 0.01% | +585,768+479.9% | Added |
| Goldman Sachs Group Inc | 657,233 | $42.4M | 0.01% | +414,719+171.0% | Added |
| First Trust Advisors LP | 650,323 | $42.0M | 0.03% | −182,066−21.9% | Reduced |
| ProShare Advisors LLC | 645,335 | $41.6M | 0.07% | −149,578−18.8% | Reduced |
| CNH Partners LLC | 607,028 | $39.2M | 0.82% | +583,081+2,434.9% | Added |
| GW&K Investment Management, LLC | 593,888 | $38.3M | 0.33% | −11,377−1.9% | Reduced |
| Invesco Ltd. | 584,723 | $37.7M | 0.00% | −233,115−28.5% | Reduced |
| Massachusetts Financial Services Co | 569,334 | $36.7M | 0.01% | −77,559−12.0% | Reduced |
| Gabelli Funds LLC | 548,700 | $35.4M | 0.24% | +2,500+0.5% | Added |
| Fuller & Thaler Asset Management, Inc. | 503,220 | $32.5M | 0.11% | −47,063−8.6% | Reduced |
| Nuveen, LLC | 502,742 | $32.4M | 0.01% | −151,794−23.2% | Reduced |
| Hudson Bay Capital Management LP | 499,509 | $32.2M | 0.18% | +499,509 | New |
| Thrivent Financial for Lutherans | 489,871 | $31.6M | 0.06% | +986+0.2% | Added |
| Grantham, Mayo, Van Otterloo & Co. LLC | 483,291 | $31.2M | 0.08% | +424,593+723.4% | Added |
| Citigroup Inc | 482,614 | $31.1M | 0.02% | +52,253+12.1% | Added |
| Raymond James Financial Inc | 445,575 | $28.8M | 0.01% | −116,355−20.7% | Reduced |
| Victory Capital Management Inc | 417,006 | $26.9M | 0.02% | −224,434−35.0% | Reduced |
| William Blair Investment Management, LLC | 413,328 | $26.7M | 0.07% | −42,892−9.4% | Reduced |
| Qube Research & Technologies Ltd | 388,665 | $25.1M | 0.04% | −82,154−17.4% | Reduced |
| Jane Street Group, LLC | 348,670 | $22.5M | 0.03% | +169,411+94.5% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 320,156 | $20.7M | 0.03% | +6,525+2.1% | Added |
| Legal & General Group Plc | 294,648 | $19.0M | 0.00% | −24,550−7.7% | Reduced |
| MetLife Investment Management | 288,621 | $18.6M | 0.09% | −2,719−0.9% | Reduced |
| Citadel Advisors LLC | 288,102 | $18.6M | 0.01% | +235,613+448.9% | Added |
| Gamco Investors, Inc. Et Al | 274,350 | $17.7M | 0.17% | +1,000+0.4% | Added |
| JPMorgan Chase & Co | 243,635 | $15.7M | 0.00% | −75,034−23.5% | Reduced |
| UBS Asset Management Americas Inc | 236,301 | $15.3M | 0.00% | +104,471+79.2% | Added |
| Hotchkis & Wiley Capital Management LLC | 225,467 | $14.6M | 0.04% | −5,584−2.4% | Reduced |
| Squarepoint Ops LLC | 220,364 | $14.2M | 0.03% | +199,588+960.7% | Added |
| Deutsche Bank AG | 210,218 | $13.6M | 0.00% | +106,655+103.0% | Added |
| Magnetar Financial LLC | 197,657 | $12.8M | 0.13% | +2,135+1.1% | Added |
| Brandywine Global Investment Management, LLC | 196,038 | $12.7M | 0.08% | −9,000−4.4% | Reduced |
| Rhumbline Advisers | 193,573 | $12.5M | 0.01% | −24,045−11.0% | Reduced |
| New York Life Investment Management LLC | 137,843 | $8.90M | 0.08% | +8,765+6.8% | Added |
| Barclays PLC | 133,107 | $8.59M | 0.00% | −8,987−6.3% | Reduced |
| Principal Financial Group Inc | 133,030 | $8.59M | 0.00% | −31,865−19.3% | Reduced |
| Canada Pension Plan Investment Board | 132,400 | $8.55M | 0.01% | +132,400 | New |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 132,201 | $8.53M | 0.04% | +15,938+13.7% | Added |
| Kintayl Capital LP | 130,127 | $8.40M | 5.07% | +133+0.1% | Added |
| Ancora Advisors, LLC | 129,405 | $8.35M | 0.17% | −96,670−42.8% | Reduced |
| Bridgewater Associates, LP | 123,781 | $7.99M | 0.03% | −140,360−53.1% | Reduced |
| Mutual of America Capital Management LLC | 122,803 | $7.93M | 0.08% | −7,484−5.7% | Reduced |
| Swiss National Bank | 121,083 | $7.81M | 0.00% | +2,100+1.8% | Added |
| Russell Investments Group, Ltd. | 117,812 | $7.60M | 0.01% | −136,087−53.6% | Reduced |
| Ameriprise Financial Inc | 117,261 | $7.57M | 0.00% | −4,636−3.8% | Reduced |
| First PREMIER Bank | 104,567 | $6.75M | 1.55% | −6,429−5.8% | Reduced |
| South Dakota Investment Council | 102,711 | $6.63M | 0.13% | −16,400−13.8% | Reduced |
| Yaupon Capital Management LP | 100,624 | $6.49M | 0.32% | −15,062−13.0% | Reduced |
| Wells Fargo & Company | 91,621 | $5.91M | 0.00% | +23,740+35.0% | Added |
| Susquehanna International Group, LLP | 86,992 | $5.61M | 0.01% | +80,608+1,262.7% | Added |
| First Manhattan Co | 85,765 | $5.54M | 0.01% | −684−0.8% | Reduced |
| Meritage Portfolio Management | 85,370 | $5.51M | 0.37% | −2,274−2.6% | Reduced |
| Great West Life Assurance Co | 83,253 | $5.38M | 0.01% | +1,828+2.2% | Added |
| Mairs & Power Inc | 81,682 | $5.27M | 0.05% | −7,355−8.3% | Reduced |
| Advisors Asset Management, Inc. | 81,271 | $5.25M | 0.09% | −40,565−33.3% | Reduced |
| Oliver Luxxe Assets LLC | 79,226 | $5.11M | 0.78% | +1,603+2.1% | Added |
| Conning Inc. | 77,076 | $4.97M | 0.17% | 00.0% | Unchanged |
| Ieq Capital, LLC | 76,430 | $4.93M | 0.01% | +19,043+33.2% | Added |
| Comerica Bank | 76,365 | $4.93M | 0.02% | +13,766+22.0% | Added |
| New York State Teachers Retirement System | 74,445 | $4.80M | 0.01% | −890−1.2% | Reduced |
| Wedge Capital Management L L P | 74,026 | $4.78M | 0.09% | −1,558−2.1% | Reduced |
| Retirement Systems of Alabama | 73,698 | $4.76M | 0.02% | −530−0.7% | Reduced |
| Public Sector Pension Investment Board | 70,176 | $4.53M | 0.02% | +70,176 | New |
| Heartland Advisors Inc | 69,627 | $4.49M | 0.24% | +42,822+159.8% | Added |
| Commonwealth Equity Services, LLC | 67,634 | $4.37M | 0.01% | +3,174+4.9% | Added |
| California State Teachers Retirement System | 60,825 | $3.93M | 0.00% | −53−0.1% | Reduced |
| Deroy & Devereaux Private Investment Counsel Inc | 60,395 | $3.90M | 0.19% | −1,700−2.7% | Reduced |
| Point72 Asset Management, L.P. | 59,406 | $3.83M | 0.01% | +59,406 | New |
| Janus Henderson Group PLC | 58,904 | $3.80M | 0.00% | +31,990+118.9% | Added |
| Price T Rowe Associates Inc | 58,684 | $3.79M | 0.00% | +1,640+2.9% | Added |
| Maryland State Retirement & Pension System | 57,615 | $3.72M | 0.08% | +705+1.2% | Added |
| Cerity Partners LLC | 57,399 | $3.70M | 0.01% | +21,333+59.1% | Added |
| Mathes Company, Inc. | 54,655 | $3.53M | 1.26% | −825−1.5% | Reduced |
| Moore Capital Management, LP | 53,470 | $3.45M | 0.07% | +53,470 | New |
| Magellan Asset Management Ltd | 52,410 | $3.38M | 0.04% | +2,271+4.5% | Added |
| North Star Investment Management Corp. | 50,998 | $3.29M | 0.21% | +567+1.1% | Added |