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 |
|---|---|---|---|---|---|
| Arizona State Retirement System | 17,136 | $1.11M | 0.01% | −1,020−5.6% | Reduced |
| Mercer Global Advisors Inc | 17,564 | $1.13M | 0.00% | +4,839+38.0% | Added |
| Quantinno Capital Management LP | 17,664 | $1.14M | 0.00% | +8,531+93.4% | Added |
| Wealth Enhancement Advisory Services, LLC | 17,663 | $1.15M | 0.00% | +3,639+25.9% | Added |
| First Citizens Bank & Trust Co | 18,156 | $1.17M | 0.02% | +389+2.2% | Added |
| Vestcor Inc | 18,496 | $1.19M | 0.03% | +4,400+31.2% | Added |
| STRS Ohio | 18,800 | $1.21M | 0.00% | +200+1.1% | Added |
| Teachers Retirement System of the State of Kentucky | 18,922 | $1.22M | 0.01% | 00.0% | Unchanged |
| New York State Common Retirement Fund | 19,420 | $1.25M | 0.00% | +100+0.5% | Added |
| Polymer Capital Management (US) LLC | 19,491 | $1.26M | 0.16% | +13,334+216.6% | Added |
| Yousif Capital Management, LLC | 18,952 | $1.29M | 0.01% | −377−2.0% | Reduced |
| Envestnet Portfolio Solutions, Inc. | 19,984 | $1.29M | 0.00% | +322+1.6% | Added |
| State of Tennessee, Treasury Department | 19,066 | $1.29M | 0.00% | −816−4.1% | Reduced |
| Captrust Financial Advisors | 20,879 | $1.35M | 0.00% | +5,961+40.0% | Added |
| Polar Asset Management Partners Inc. | 20,987 | $1.35M | 0.03% | +20,987 | New |
| Diametric Capital, LP | 21,722 | $1.40M | 0.38% | +1,722+8.6% | Added |
| Brevan Howard Capital Management LP | 22,423 | $1.45M | 0.03% | +3,996+21.7% | Added |
| Keebeck Alpha, LP | 22,848 | $1.47M | 3.92% | +22,848 | New |
| Sequoia Financial Advisors, LLC | 23,198 | $1.50M | 0.01% | +5,647+32.2% | Added |
| CSS LLC | 23,600 | $1.52M | 0.09% | +23,600 | New |
| Van Eck Associates Corp | 23,784 | $1.53M | 0.00% | +1,450+6.5% | Added |
| BNP Paribas Arbitrage, SA | 24,731 | $1.60M | 0.00% | +8,000+47.8% | Added |
| The PNC Financial Services Group, Inc. | 25,115 | $1.62M | 0.00% | −1,215−4.6% | Reduced |
| Credit Agricole S A | 25,415 | $1.64M | 0.00% | +25,415 | New |
| Voya Investment Management LLC | 25,820 | $1.67M | 0.00% | −62−0.2% | Reduced |
| Amalgamated Bank | 25,868 | $1.67M | 0.01% | −1,082−4.0% | Reduced |
| Schnieders Capital Management, LLC. | 25,948 | $1.67M | 0.26% | +2,250+9.5% | Added |
| SG Americas Securities, LLC | 26,325 | $1.70M | 0.00% | +22,190+536.6% | Added |
| Alps Advisors Inc | 26,705 | $1.72M | 0.01% | −1,722−6.1% | Reduced |
| Intech Investment Management LLC | 27,796 | $1.79M | 0.02% | +5,271+23.4% | Added |
| Virtu Financial LLC | 27,797 | $1.79M | 0.07% | +23,397+531.8% | Added |
| Prelude Capital Management, LLC | 28,262 | $1.82M | 0.13% | +20,438+261.2% | Added |
| DekaBank Deutsche Girozentrale | 33,664 | $1.86M | 0.00% | 00.0% | Unchanged |
| Public Employees Retirement System of Ohio | 29,695 | $1.92M | 0.01% | −6,076−17.0% | Reduced |
| Naples Global Advisors, LLC | 29,762 | $1.92M | 0.14% | −103−0.3% | Reduced |
| Brinker Capital Investments, LLC | 30,213 | $1.95M | 0.01% | −2,729−8.3% | Reduced |
| Weiss Asset Management LP | 30,444 | $1.96M | 0.03% | −14,693−32.6% | Reduced |
| CWM, LLC | 30,459 | $1.97M | 0.01% | +4,334+16.6% | Added |
| Verition Fund Management LLC | 30,711 | $1.98M | 0.01% | −40,806−57.1% | Reduced |
| Mariner, LLC | 32,290 | $2.08M | 0.00% | +14,596+82.5% | Added |
| Jump Financial, LLC | 32,531 | $2.10M | 0.03% | +32,531 | New |
| State of New Jersey Common Pension Fund D | 32,769 | $2.11M | 0.01% | −4,502−12.1% | Reduced |
| DC Investments Management, LLC | 32,976 | $2.13M | 0.94% | 00.0% | Unchanged |
| Bank of Montreal | 33,287 | $2.15M | 0.00% | −3,586−9.7% | Reduced |
| State of Wisconsin Investment Board | 33,621 | $2.17M | 0.00% | −2,673−7.4% | Reduced |
| HRT Financial LP | 34,340 | $2.22M | 0.01% | +8,904+35.0% | Added |
| Macquarie Group Ltd | 34,419 | $2.22M | 0.01% | −1,151,332−97.1% | Reduced |
| Creative Planning | 34,557 | $2.23M | 0.00% | +11,032+46.9% | Added |
| Lesa Sroufe & Co | 40,194 | $2.59M | 1.93% | +463+1.2% | Added |
| Susquehanna Portfolio Strategies, LLC | 40,876 | $2.64M | 0.04% | +21,321+109.0% | Added |
| SEI Investments Co | 41,999 | $2.71M | 0.00% | −14,306−25.4% | Reduced |
| XTX Topco Ltd | 44,258 | $2.86M | 0.08% | +32,578+278.9% | Added |
| Quest Partners LLC | 44,761 | $2.89M | 0.16% | +19,102+74.4% | Added |
| Envestnet Asset Management Inc | 46,300 | $2.99M | 0.00% | −10,045−17.8% | Reduced |
| Capula Management Ltd | 46,512 | $3.00M | 0.02% | +10,734+30.0% | Added |
| Nisa Investment Advisors, LLC | 49,566 | $3.20M | 0.01% | +3,176+6.8% | Added |
| Martingale Asset Management L P | 49,604 | $3.20M | 0.08% | −540−1.1% | Reduced |
| Manufacturers Life Insurance Company, The | 50,923 | $3.29M | 0.00% | −3,276−6.0% | Reduced |
| North Star Investment Management Corp. | 50,998 | $3.29M | 0.21% | +567+1.1% | Added |
| Magellan Asset Management Ltd | 52,410 | $3.38M | 0.04% | +2,271+4.5% | Added |
| Moore Capital Management, LP | 53,470 | $3.45M | 0.07% | +53,470 | New |
| Mathes Company, Inc. | 54,655 | $3.53M | 1.26% | −825−1.5% | Reduced |
| Cerity Partners LLC | 57,399 | $3.70M | 0.01% | +21,333+59.1% | Added |
| Maryland State Retirement & Pension System | 57,615 | $3.72M | 0.08% | +705+1.2% | Added |
| Price T Rowe Associates Inc | 58,684 | $3.79M | 0.00% | +1,640+2.9% | Added |
| Janus Henderson Group PLC | 58,904 | $3.80M | 0.00% | +31,990+118.9% | Added |
| Point72 Asset Management, L.P. | 59,406 | $3.83M | 0.01% | +59,406 | New |
| Deroy & Devereaux Private Investment Counsel Inc | 60,395 | $3.90M | 0.19% | −1,700−2.7% | Reduced |
| California State Teachers Retirement System | 60,825 | $3.93M | 0.00% | −53−0.1% | Reduced |
| Commonwealth Equity Services, LLC | 67,634 | $4.37M | 0.01% | +3,174+4.9% | Added |
| Heartland Advisors Inc | 69,627 | $4.49M | 0.24% | +42,822+159.8% | Added |
| Public Sector Pension Investment Board | 70,176 | $4.53M | 0.02% | +70,176 | New |
| Retirement Systems of Alabama | 73,698 | $4.76M | 0.02% | −530−0.7% | Reduced |
| Wedge Capital Management L L P | 74,026 | $4.78M | 0.09% | −1,558−2.1% | Reduced |
| New York State Teachers Retirement System | 74,445 | $4.80M | 0.01% | −890−1.2% | Reduced |
| Comerica Bank | 76,365 | $4.93M | 0.02% | +13,766+22.0% | Added |
| Ieq Capital, LLC | 76,430 | $4.93M | 0.01% | +19,043+33.2% | Added |
| Conning Inc. | 77,076 | $4.97M | 0.17% | 00.0% | Unchanged |
| Oliver Luxxe Assets LLC | 79,226 | $5.11M | 0.78% | +1,603+2.1% | Added |
| Advisors Asset Management, Inc. | 81,271 | $5.25M | 0.09% | −40,565−33.3% | Reduced |
| Mairs & Power Inc | 81,682 | $5.27M | 0.05% | −7,355−8.3% | Reduced |
| Great West Life Assurance Co | 83,253 | $5.38M | 0.01% | +1,828+2.2% | Added |
| Meritage Portfolio Management | 85,370 | $5.51M | 0.37% | −2,274−2.6% | Reduced |
| First Manhattan Co | 85,765 | $5.54M | 0.01% | −684−0.8% | Reduced |
| Susquehanna International Group, LLP | 86,992 | $5.61M | 0.01% | +80,608+1,262.7% | Added |
| Wells Fargo & Company | 91,621 | $5.91M | 0.00% | +23,740+35.0% | Added |
| Yaupon Capital Management LP | 100,624 | $6.49M | 0.32% | −15,062−13.0% | Reduced |
| South Dakota Investment Council | 102,711 | $6.63M | 0.13% | −16,400−13.8% | Reduced |
| First PREMIER Bank | 104,567 | $6.75M | 1.55% | −6,429−5.8% | Reduced |
| Ameriprise Financial Inc | 117,261 | $7.57M | 0.00% | −4,636−3.8% | Reduced |
| Russell Investments Group, Ltd. | 117,812 | $7.60M | 0.01% | −136,087−53.6% | Reduced |
| Swiss National Bank | 121,083 | $7.81M | 0.00% | +2,100+1.8% | Added |
| Mutual of America Capital Management LLC | 122,803 | $7.93M | 0.08% | −7,484−5.7% | Reduced |
| Bridgewater Associates, LP | 123,781 | $7.99M | 0.03% | −140,360−53.1% | Reduced |
| Ancora Advisors, LLC | 129,405 | $8.35M | 0.17% | −96,670−42.8% | Reduced |
| Kintayl Capital LP | 130,127 | $8.40M | 5.07% | +133+0.1% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 132,201 | $8.53M | 0.04% | +15,938+13.7% | Added |
| Canada Pension Plan Investment Board | 132,400 | $8.55M | 0.01% | +132,400 | New |
| Principal Financial Group Inc | 133,030 | $8.59M | 0.00% | −31,865−19.3% | Reduced |
| Barclays PLC | 133,107 | $8.59M | 0.00% | −8,987−6.3% | Reduced |