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 |
|---|---|---|---|---|---|
| Manufacturers Life Insurance Company, The | 50,923 | $3.29M | 0.00% | −3,276−6.0% | Reduced |
| Martingale Asset Management L P | 49,604 | $3.20M | 0.08% | −540−1.1% | Reduced |
| Nisa Investment Advisors, LLC | 49,566 | $3.20M | 0.01% | +3,176+6.8% | Added |
| Capula Management Ltd | 46,512 | $3.00M | 0.02% | +10,734+30.0% | Added |
| Envestnet Asset Management Inc | 46,300 | $2.99M | 0.00% | −10,045−17.8% | Reduced |
| Quest Partners LLC | 44,761 | $2.89M | 0.16% | +19,102+74.4% | Added |
| XTX Topco Ltd | 44,258 | $2.86M | 0.08% | +32,578+278.9% | Added |
| SEI Investments Co | 41,999 | $2.71M | 0.00% | −14,306−25.4% | Reduced |
| Susquehanna Portfolio Strategies, LLC | 40,876 | $2.64M | 0.04% | +21,321+109.0% | Added |
| Lesa Sroufe & Co | 40,194 | $2.59M | 1.93% | +463+1.2% | Added |
| Creative Planning | 34,557 | $2.23M | 0.00% | +11,032+46.9% | Added |
| Macquarie Group Ltd | 34,419 | $2.22M | 0.01% | −1,151,332−97.1% | Reduced |
| HRT Financial LP | 34,340 | $2.22M | 0.01% | +8,904+35.0% | Added |
| State of Wisconsin Investment Board | 33,621 | $2.17M | 0.00% | −2,673−7.4% | Reduced |
| Bank of Montreal | 33,287 | $2.15M | 0.00% | −3,586−9.7% | Reduced |
| DC Investments Management, LLC | 32,976 | $2.13M | 0.94% | 00.0% | Unchanged |
| State of New Jersey Common Pension Fund D | 32,769 | $2.11M | 0.01% | −4,502−12.1% | Reduced |
| Jump Financial, LLC | 32,531 | $2.10M | 0.03% | +32,531 | New |
| Mariner, LLC | 32,290 | $2.08M | 0.00% | +14,596+82.5% | Added |
| Verition Fund Management LLC | 30,711 | $1.98M | 0.01% | −40,806−57.1% | Reduced |
| CWM, LLC | 30,459 | $1.97M | 0.01% | +4,334+16.6% | Added |
| Weiss Asset Management LP | 30,444 | $1.96M | 0.03% | −14,693−32.6% | Reduced |
| Brinker Capital Investments, LLC | 30,213 | $1.95M | 0.01% | −2,729−8.3% | Reduced |
| Naples Global Advisors, LLC | 29,762 | $1.92M | 0.14% | −103−0.3% | Reduced |
| Public Employees Retirement System of Ohio | 29,695 | $1.92M | 0.01% | −6,076−17.0% | Reduced |
| DekaBank Deutsche Girozentrale | 33,664 | $1.86M | 0.00% | 00.0% | Unchanged |
| Prelude Capital Management, LLC | 28,262 | $1.82M | 0.13% | +20,438+261.2% | Added |
| Virtu Financial LLC | 27,797 | $1.79M | 0.07% | +23,397+531.8% | Added |
| Intech Investment Management LLC | 27,796 | $1.79M | 0.02% | +5,271+23.4% | Added |
| Alps Advisors Inc | 26,705 | $1.72M | 0.01% | −1,722−6.1% | Reduced |
| SG Americas Securities, LLC | 26,325 | $1.70M | 0.00% | +22,190+536.6% | Added |
| Schnieders Capital Management, LLC. | 25,948 | $1.67M | 0.26% | +2,250+9.5% | Added |
| Amalgamated Bank | 25,868 | $1.67M | 0.01% | −1,082−4.0% | Reduced |
| Voya Investment Management LLC | 25,820 | $1.67M | 0.00% | −62−0.2% | Reduced |
| Credit Agricole S A | 25,415 | $1.64M | 0.00% | +25,415 | New |
| The PNC Financial Services Group, Inc. | 25,115 | $1.62M | 0.00% | −1,215−4.6% | Reduced |
| BNP Paribas Arbitrage, SA | 24,731 | $1.60M | 0.00% | +8,000+47.8% | Added |
| Van Eck Associates Corp | 23,784 | $1.53M | 0.00% | +1,450+6.5% | Added |
| CSS LLC | 23,600 | $1.52M | 0.09% | +23,600 | New |
| Sequoia Financial Advisors, LLC | 23,198 | $1.50M | 0.01% | +5,647+32.2% | Added |
| Keebeck Alpha, LP | 22,848 | $1.47M | 3.92% | +22,848 | New |
| Brevan Howard Capital Management LP | 22,423 | $1.45M | 0.03% | +3,996+21.7% | Added |
| Diametric Capital, LP | 21,722 | $1.40M | 0.38% | +1,722+8.6% | Added |
| Polar Asset Management Partners Inc. | 20,987 | $1.35M | 0.03% | +20,987 | New |
| Captrust Financial Advisors | 20,879 | $1.35M | 0.00% | +5,961+40.0% | Added |
| State of Tennessee, Treasury Department | 19,066 | $1.29M | 0.00% | −816−4.1% | Reduced |
| Envestnet Portfolio Solutions, Inc. | 19,984 | $1.29M | 0.00% | +322+1.6% | Added |
| Yousif Capital Management, LLC | 18,952 | $1.29M | 0.01% | −377−2.0% | Reduced |
| Polymer Capital Management (US) LLC | 19,491 | $1.26M | 0.16% | +13,334+216.6% | Added |
| New York State Common Retirement Fund | 19,420 | $1.25M | 0.00% | +100+0.5% | Added |
| Teachers Retirement System of the State of Kentucky | 18,922 | $1.22M | 0.01% | 00.0% | Unchanged |
| STRS Ohio | 18,800 | $1.21M | 0.00% | +200+1.1% | Added |
| Vestcor Inc | 18,496 | $1.19M | 0.03% | +4,400+31.2% | Added |
| First Citizens Bank & Trust Co | 18,156 | $1.17M | 0.02% | +389+2.2% | Added |
| Wealth Enhancement Advisory Services, LLC | 17,663 | $1.15M | 0.00% | +3,639+25.9% | Added |
| Quantinno Capital Management LP | 17,664 | $1.14M | 0.00% | +8,531+93.4% | Added |
| Mercer Global Advisors Inc | 17,564 | $1.13M | 0.00% | +4,839+38.0% | Added |
| Arizona State Retirement System | 17,136 | $1.11M | 0.01% | −1,020−5.6% | Reduced |
| Louisiana State Employees Retirement System | 17,000 | $1.10M | 0.02% | −100−0.6% | Reduced |
| State Board of Administration of Florida Retirement System | 16,886 | $1.09M | 0.00% | 00.0% | Unchanged |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 16,452 | $1.06M | 0.00% | +2,071+14.4% | Added |
| Police & Firemen's Retirement System of New Jersey | 16,366 | $1.06M | 0.01% | −1,392−7.8% | Reduced |
| Ameritas Investment Partners, Inc. | 16,265 | $1.05M | 0.03% | −401−2.4% | Reduced |
| Schonfeld Strategic Advisors LLC | 16,196 | $1.05M | 0.01% | +16,196 | New |
| Engineers Gate Manager LP | 15,965 | $1.03M | 0.01% | −92−0.6% | Reduced |
| Hager Investment Management Services, LLC | 15,518 | $1.00M | 0.55% | +1,986+14.7% | Added |
| Hennion & Walsh Asset Management, Inc. | 15,144 | $977.4K | 0.03% | +9,809+183.9% | Added |
| Royal Bank of Canada | 15,100 | $975.0K | 0.00% | −598,146−97.5% | Reduced |
| Hennessy Advisors Inc | 14,798 | $955.1K | 0.03% | 00.0% | Unchanged |
| D. E. Shaw & Co., Inc. | 14,751 | $952.0K | 0.00% | +14,751 | New |
| State of Michigan Retirement System | 14,528 | $937.6K | 0.00% | −100−0.7% | Reduced |
| Assenagon Asset Management S.A. | 14,332 | $925.0K | 0.00% | +3,870+37.0% | Added |
| Water Island Capital LLC | 14,307 | $923.4K | 0.11% | +40.0% | Added |
| LPL Financial LLC | 14,012 | $904.4K | 0.00% | −53−0.4% | Reduced |
| Northwestern Mutual Investment Management Company, LLC | 13,739 | $886.7K | 0.01% | +55+0.4% | Added |
| Oregon Public Employees Retirement Fund | 12,310 | $794.5K | 0.01% | −100−0.8% | Reduced |
| US Bancorp | 12,208 | $787.9K | 0.00% | −101−0.8% | Reduced |
| Winton Group Ltd | 12,073 | $779.2K | 0.03% | +12,073 | New |
| Huber Capital Management LLC | 12,062 | $778.5K | 0.11% | 00.0% | Unchanged |
| New Mexico Educational Retirement Board | 11,800 | $762.0K | 0.02% | 00.0% | Unchanged |
| Federation des caisses Desjardins du Quebec | 11,531 | $744.2K | 0.00% | +2,249+24.2% | Added |
| Neo Ivy Capital Management | 11,230 | $724.8K | 0.11% | +11,230 | New |
| Cetera Investment Advisers | 11,208 | $723.3K | 0.00% | −46−0.4% | Reduced |
| Passumpsic Savings Bank | 11,153 | $719.8K | 0.39% | +11,153 | New |
| Pictet Asset Management Holding SA | 11,087 | $715.6K | 0.00% | −685−5.8% | Reduced |
| Zacks Investment Management | 10,665 | $688.3K | 0.01% | +84+0.8% | Added |
| Bailard, Inc. | 10,600 | $684.1K | 0.02% | +500+5.0% | Added |
| CSM Advisors, LLC | 10,589 | $683.0K | 0.02% | −47−0.4% | Reduced |
| Private Advisor Group, LLC | 10,280 | $663.5K | 0.00% | 00.0% | Unchanged |
| Skandinaviska Enskilda Banken AB (publ) | 10,000 | $645.4K | 0.00% | +10,000 | New |
| Meeder Advisory Services, Inc. | 9,995 | $645.1K | 0.03% | +569+6.0% | Added |
| Y-Intercept (Hong Kong) Ltd | 9,747 | $629.1K | 0.01% | +9,747 | New |
| Vaughan & Co Securities, Inc. | 9,696 | $625.8K | 0.32% | −589−5.7% | Reduced |
| JustInvest LLC | 9,486 | $612.2K | 0.01% | +526+5.9% | Added |
| Atria Investments LLC | 9,234 | $596.0K | 0.01% | +3,106+50.7% | Added |
| Teacher Retirement System of Texas | 9,118 | $588.5K | 0.00% | −5,950−39.5% | Reduced |
| Commerce Bank | 9,043 | $583.6K | 0.00% | −95−1.0% | Reduced |
| LMR Partners LLP | 8,893 | $574.0K | 0.01% | +8,893 | New |
| Spirit of America Management Corp | 8,700 | $561.5K | 0.12% | 00.0% | Unchanged |
| Sivia Capital Partners, LLC | 8,167 | $527.1K | 0.11% | +2,032+33.1% | Added |