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 |
|---|---|---|---|---|---|
| New York Life Investment Management LLC | 137,843 | $8.90M | 0.08% | +8,765+6.8% | Added |
| Rhumbline Advisers | 193,573 | $12.5M | 0.01% | −24,045−11.0% | Reduced |
| Brandywine Global Investment Management, LLC | 196,038 | $12.7M | 0.08% | −9,000−4.4% | Reduced |
| Magnetar Financial LLC | 197,657 | $12.8M | 0.13% | +2,135+1.1% | Added |
| Deutsche Bank AG | 210,218 | $13.6M | 0.00% | +106,655+103.0% | Added |
| Squarepoint Ops LLC | 220,364 | $14.2M | 0.03% | +199,588+960.7% | Added |
| Hotchkis & Wiley Capital Management LLC | 225,467 | $14.6M | 0.04% | −5,584−2.4% | Reduced |
| UBS Asset Management Americas Inc | 236,301 | $15.3M | 0.00% | +104,471+79.2% | Added |
| JPMorgan Chase & Co | 243,635 | $15.7M | 0.00% | −75,034−23.5% | Reduced |
| Gamco Investors, Inc. Et Al | 274,350 | $17.7M | 0.17% | +1,000+0.4% | Added |
| Citadel Advisors LLC | 288,102 | $18.6M | 0.01% | +235,613+448.9% | Added |
| MetLife Investment Management | 288,621 | $18.6M | 0.09% | −2,719−0.9% | Reduced |
| Legal & General Group Plc | 294,648 | $19.0M | 0.00% | −24,550−7.7% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 320,156 | $20.7M | 0.03% | +6,525+2.1% | Added |
| Jane Street Group, LLC | 348,670 | $22.5M | 0.03% | +169,411+94.5% | Added |
| Qube Research & Technologies Ltd | 388,665 | $25.1M | 0.04% | −82,154−17.4% | Reduced |
| William Blair Investment Management, LLC | 413,328 | $26.7M | 0.07% | −42,892−9.4% | Reduced |
| Victory Capital Management Inc | 417,006 | $26.9M | 0.02% | −224,434−35.0% | Reduced |
| Raymond James Financial Inc | 445,575 | $28.8M | 0.01% | −116,355−20.7% | Reduced |
| Citigroup Inc | 482,614 | $31.1M | 0.02% | +52,253+12.1% | Added |
| Grantham, Mayo, Van Otterloo & Co. LLC | 483,291 | $31.2M | 0.08% | +424,593+723.4% | Added |
| Thrivent Financial for Lutherans | 489,871 | $31.6M | 0.06% | +986+0.2% | Added |
| Hudson Bay Capital Management LP | 499,509 | $32.2M | 0.18% | +499,509 | New |
| Nuveen, LLC | 502,742 | $32.4M | 0.01% | −151,794−23.2% | Reduced |
| Fuller & Thaler Asset Management, Inc. | 503,220 | $32.5M | 0.11% | −47,063−8.6% | Reduced |
| Gabelli Funds LLC | 548,700 | $35.4M | 0.24% | +2,500+0.5% | Added |
| Massachusetts Financial Services Co | 569,334 | $36.7M | 0.01% | −77,559−12.0% | Reduced |
| Invesco Ltd. | 584,723 | $37.7M | 0.00% | −233,115−28.5% | Reduced |
| GW&K Investment Management, LLC | 593,888 | $38.3M | 0.33% | −11,377−1.9% | Reduced |
| CNH Partners LLC | 607,028 | $39.2M | 0.82% | +583,081+2,434.9% | Added |
| ProShare Advisors LLC | 645,335 | $41.6M | 0.07% | −149,578−18.8% | Reduced |
| First Trust Advisors LP | 650,323 | $42.0M | 0.03% | −182,066−21.9% | Reduced |
| Goldman Sachs Group Inc | 657,233 | $42.4M | 0.01% | +414,719+171.0% | Added |
| UBS Group AG | 707,822 | $45.7M | 0.01% | +585,768+479.9% | Added |
| Northern Trust Corp | 764,406 | $49.3M | 0.01% | −47,343−5.8% | Reduced |
| Bank of America Corp | 766,720 | $49.5M | 0.00% | −88,865−10.4% | Reduced |
| AQR Capital Management LLC | 769,640 | $49.7M | 0.03% | −377,629−32.9% | Reduced |
| Bank of New York Mellon Corp | 774,920 | $50.0M | 0.01% | −86,410−10.0% | Reduced |
| Alliancebernstein L.P. | 776,126 | $50.1M | 0.02% | +574,359+284.7% | Added |
| Norges Bank | 778,958 | $50.3M | 0.01% | +778,958 | New |
| Westwood Holdings Group Inc. | 787,257 | $50.8M | 0.41% | −193,993−19.8% | Reduced |
| Charles Schwab Investment Management Inc | 807,138 | $52.1M | 0.01% | −31,651−3.8% | Reduced |
| Adage Capital Partners GP, L.L.C. | 812,500 | $52.4M | 0.08% | +812,500 | New |
| Morgan Stanley | 846,080 | $54.6M | 0.00% | +57,119+7.2% | Added |
| Millennium Management LLC | 920,554 | $59.4M | 0.04% | +850,517+1,214.4% | Added |
| Balyasny Asset Management LLC | 1,005,886 | $64.9M | 0.12% | +988,984+5,851.3% | Added |
| Dimensional Fund Advisors LP | 1,017,415 | $65.7M | 0.01% | +7,056+0.7% | Added |
| Nomura Asset Management International Inc. | 1,025,302 | $66.2M | 0.10% | +1,025,302 | New |
| FMR LLC | 1,124,935 | $72.6M | 0.00% | +1,752+0.2% | Added |
| Systematic Financial Management LP | 1,159,753 | $74.9M | 1.76% | −17,227−1.5% | Reduced |
| Neuberger Berman Group LLC | 1,259,921 | $81.3M | 0.06% | −8,519−0.7% | Reduced |
| River Road Asset Management, LLC | 1,263,967 | $81.6M | 0.89% | −1,027,523−44.8% | Reduced |
| Franklin Resources Inc | 1,436,750 | $92.7M | 0.02% | +98,472+7.4% | Added |
| Geode Capital Management, LLC | 1,628,750 | $105.1M | 0.01% | +2,988+0.2% | Added |
| American Century Companies Inc | 2,039,629 | $131.6M | 0.07% | −929,187−31.3% | Reduced |
| State Street Corp | 2,637,718 | $170.2M | 0.01% | +14,751+0.6% | Added |
| Vanguard Group Inc | 6,667,340 | $430.3M | 0.01% | −28,324−0.4% | Reduced |
| BlackRock, Inc. | 8,613,648 | $555.9M | 0.01% | +186,404+2.2% | Added |
| Boston Partners | 0 | $0 | 0.00% | −525,581−100.0% | Sold out |
| Aventail Capital Group, LP | 0 | $0 | 0.00% | −110,292−100.0% | Sold out |
| Voloridge Investment Management, LLC | 0 | $0 | 0.00% | −42,989−100.0% | Sold out |
| Dark Forest Capital Management LP | 0 | $0 | 0.00% | −31,776−100.0% | Sold out |
| Aristotle Capital Boston, LLC | 0 | $0 | 0.00% | −31,699−100.0% | Sold out |
| Renaissance Technologies LLC | 0 | $0 | 0.00% | −31,426−100.0% | Sold out |
| Natixis | 0 | $0 | 0.00% | −25,822−100.0% | Sold out |
| Caxton Associates LLP | 0 | $0 | 0.00% | −19,057−100.0% | Sold out |
| Marshall Wace, LLP | 0 | $0 | 0.00% | −8,954−100.0% | Sold out |
| Henshaw Capital LLC | 0 | $0 | 0.00% | −7,654−100.0% | Sold out |
| Bridgefront Capital, LLC | 0 | $0 | 0.00% | −6,331−100.0% | Sold out |
| Quantbot Technologies LP | 0 | $0 | 0.00% | −5,918−100.0% | Sold out |
| IFM Investors Pty Ltd | 0 | $0 | 0.00% | −4,415−100.0% | Sold out |
| Brighton Jones LLC | 0 | $0 | 0.00% | −4,322−100.0% | Sold out |
| Longboard Asset Management, LP | 0 | $0 | 0.00% | −3,833−100.0% | Sold out |
| Principal Securities, Inc. | 0 | $0 | 0.00% | −1,344−100.0% | Sold out |
| Wealthspire Advisors, LLC | 0 | $0 | 0.00% | −775−100.0% | Sold out |
| Clear Street Markets LLC | 0 | $0 | 0.00% | −283−100.0% | Sold out |
| Rise Advisors, LLC | 0 | $0 | 0.00% | −279−100.0% | Sold out |
| Mather Group, LLC. | 0 | $0 | 0.00% | −106−100.0% | Sold out |
| GWM Advisors LLC | 0 | $0 | 0.00% | −62−100.0% | Sold out |
| Proffitt & Goodson Inc | 0 | $0 | 0.00% | −14−100.0% | Sold out |
| Simplex Trading, LLC | 0 | $0 | 0.00% | −2−100.0% | Sold out |
| Cloud Capital Management, LLC | 0 | $0 | 0.00% | −9−100.0% | Sold out |
| CIBC Bancorp USA Inc. | – | – | – | – | Not filed |
| Shell Asset Management Co | – | – | – | – | Not filed |
| Hemington Wealth Management | – | – | – | – | Not filed |
| Guerra Advisors Inc | – | – | – | – | Not filed |