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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, Q1 2026

Institutional positions in NorthWestern Energy Group, Inc. as of Mar 31, 2026. 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
373
+26 vs. Q4 2025
Shares held
59.8M
+7.82M (+15.1%) vs. Q4 2025
Total value
$3.94B
+$587.8M (+17.5%) vs. Q4 2025
New holders
55
134 more added
Sold out
29
122 more reduced

11 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2026: 373 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 heldQ1 2026: $3.94B
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, Q1 2026

Shares, value and share of portfolio for each institution holding NorthWestern Energy Group, Inc.; share changes are against Q4 2025.

Institutions holding NWE in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.8,281,530$546.1M0.01%−332,118−3.9%Reduced
Vanguard Portfolio Management LLC3,489,737$230.1M0.01%+3,489,737New
Vanguard Capital Management LLC2,782,707$183.5M0.00%+2,782,707New
State Street Corp2,335,081$154.0M0.01%−302,637−11.5%Reduced
Geode Capital Management, LLC1,694,354$111.8M0.01%+65,604+4.0%Added
Franklin Resources Inc1,621,967$107.0M0.03%+185,217+12.9%Added
American Century Companies Inc1,557,867$102.7M0.05%−481,762−23.6%Reduced
Goldman Sachs Group Inc1,350,902$89.1M0.01%+693,669+105.5%Added
Millennium Management LLC1,314,488$86.7M0.06%+393,934+42.8%Added
Neuberger Berman Group LLC1,274,526$84.0M0.06%+14,605+1.2%Added
Systematic Financial Management LP1,132,065$74.6M1.71%−27,688−2.4%Reduced
CNH Partners LLC1,081,947$71.3M1.17%+474,919+78.2%Added
Dimensional Fund Advisors LP1,023,230$67.5M0.01%+5,815+0.6%Added
River Road Asset Management, LLC1,005,802$66.3M0.75%−258,165−20.4%Reduced
UBS Group AG994,528$65.6M0.01%+286,706+40.5%Added
Balyasny Asset Management LLC910,560$60.0M0.12%−95,326−9.5%Reduced
Nomura Asset Management International Inc.887,975$58.6M0.10%−137,327−13.4%Reduced
Charles Schwab Investment Management Inc811,675$53.5M0.01%+4,537+0.6%Added
Northern Trust Corp809,560$53.4M0.01%+45,154+5.9%Added
Bank of America Corp803,467$53.0M0.00%+36,747+4.8%Added
Alliancebernstein L.P.816,313$52.7M0.02%+40,187+5.2%Added
Qube Research & Technologies Ltd794,418$52.4M0.07%+405,753+104.4%Added
Morgan Stanley773,201$51.0M0.00%−72,879−8.6%Reduced
FMR LLC768,628$50.7M0.00%−356,307−31.7%Reduced
Bank of New York Mellon Corp754,559$49.8M0.01%−20,361−2.6%Reduced
Citigroup Inc738,638$48.7M0.03%+256,024+53.0%Added
AQR Capital Management LLC657,706$43.4M0.02%−111,934−14.5%Reduced
Caxton Associates LLP657,262$43.3M1.01%+657,262New
First Trust Advisors LP629,994$41.5M0.03%−20,329−3.1%Reduced
Hudson Bay Capital Management LP625,009$41.2M0.25%+125,500+25.1%Added
GW&K Investment Management, LLC579,628$38.2M0.34%−14,260−2.4%Reduced
Gabelli Funds LLC548,700$36.2M0.24%00.0%Unchanged
Grantham, Mayo, Van Otterloo & Co. LLC546,033$36.0M0.09%+62,742+13.0%Added
Massachusetts Financial Services Co540,636$35.6M0.01%−28,698−5.0%Reduced
Nuveen, LLC487,039$32.1M0.01%−15,703−3.1%Reduced
Fuller & Thaler Asset Management, Inc.484,425$31.9M0.11%−18,795−3.7%Reduced
ProShare Advisors LLC484,415$31.9M0.05%−160,920−24.9%Reduced
Raymond James Financial Inc455,570$30.0M0.01%+9,995+2.2%Added
William Blair Investment Management, LLC426,480$28.1M0.09%+13,152+3.2%Added
Victory Capital Management Inc407,099$26.8M0.02%−9,907−2.4%Reduced
Man Group plc399,792$26.4M0.05%+399,792New
Vanguard Fiduciary Trust Co396,911$26.2M0.01%+396,911New
Invesco Ltd.353,961$23.3M0.00%−230,762−39.5%Reduced
Westwood Holdings Group Inc.351,913$23.2M0.17%−435,344−55.3%Reduced
JPMorgan Chase & Co320,768$21.1M0.00%+77,133+31.7%Added
Deutsche Bank AG317,712$20.9M0.01%+107,494+51.1%Added
Fort Baker Capital Management LP313,027$20.6M1.83%+313,027New
MetLife Investment Management304,502$20.1M0.10%+15,881+5.5%Added
Highbridge Capital Management LLC287,318$18.9M1.20%+287,318New
Adage Capital Partners GP, L.L.C.276,004$18.2M0.03%−536,496−66.0%Reduced
Mirae Asset Global ETFs Holdings Ltd.275,165$18.1M0.02%−44,991−14.1%Reduced
Gamco Investors, Inc. Et Al274,350$18.1M0.18%00.0%Unchanged
Legal & General Group Plc270,290$17.8M0.00%−24,358−8.3%Reduced
State of Wisconsin Investment Board225,250$14.9M0.03%+191,629+570.0%Added
Principal Financial Group Inc225,164$14.8M0.01%+92,134+69.3%Added
Squarepoint Ops LLC218,968$14.4M0.03%−1,396−0.6%Reduced
Jane Street Group, LLC218,101$14.4M0.02%−130,569−37.4%Reduced
Arrowstreet Capital, Limited Partnership216,139$14.3M0.01%+211,705+4,774.6%Added
Magnetar Financial LLC198,460$13.1M0.13%+803+0.4%Added
Rhumbline Advisers195,772$12.9M0.01%+2,199+1.1%Added
D. E. Shaw & Co., Inc.176,557$11.6M0.01%+161,806+1,096.9%Added
Kintayl Capital LP170,055$11.2M6.90%+39,928+30.7%Added
Barclays PLC147,718$9.74M0.00%+14,611+11.0%Added
UBS Asset Management Americas Inc137,645$9.08M0.00%−98,656−41.8%Reduced
New York Life Investment Management LLC129,999$8.57M0.07%−7,844−5.7%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys127,386$8.40M0.04%−4,815−3.6%Reduced
Thrivent Financial for Lutherans123,644$8.15M0.02%−366,227−74.8%Reduced
Swiss National Bank121,483$8.01M0.00%+400+0.3%Added
Mutual of America Capital Management LLC120,115$7.92M0.09%−2,688−2.2%Reduced
Yaupon Capital Management LP104,922$6.92M0.34%+4,298+4.3%Added
First PREMIER Bank103,592$6.83M1.58%−975−0.9%Reduced
Russell Investments Group, Ltd.102,531$6.76M0.01%−15,281−13.0%Reduced
Ameriprise Financial Inc102,275$6.74M0.00%−14,986−12.8%Reduced
Ancora Advisors, LLC98,225$6.48M0.14%−31,180−24.1%Reduced
Hotchkis & Wiley Capital Management LLC97,642$6.44M0.02%−127,825−56.7%Reduced
ExodusPoint Capital Management, LP95,891$6.32M0.06%+95,891New
South Dakota Investment Council93,111$6.14M0.12%−9,600−9.3%Reduced
Captrust Financial Advisors91,118$6.01M0.01%+70,239+336.4%Added
Mairs & Power Inc86,002$5.67M0.06%+4,320+5.3%Added
Cerity Partners LLC85,365$5.63M0.01%+27,966+48.7%Added
Oliver Luxxe Assets LLC82,446$5.44M0.81%+3,220+4.1%Added
Great West Life Assurance Co81,527$5.39M0.01%−1,726−2.1%Reduced
XTX Topco Ltd78,962$5.21M0.09%+34,704+78.4%Added
First Manhattan Co77,837$5.13M0.01%−7,928−9.2%Reduced
Conning Inc.77,076$5.08M0.17%00.0%Unchanged
Janus Henderson Group PLC76,104$5.02M0.00%+17,200+29.2%Added
Retirement Systems of Alabama75,328$4.97M0.02%+1,630+2.2%Added
California State Teachers Retirement System75,303$4.97M0.01%+14,478+23.8%Added
New York State Teachers Retirement System72,432$4.78M0.01%−2,013−2.7%Reduced
Price T Rowe Associates Inc71,882$4.74M0.00%+13,198+22.5%Added
Commonwealth Equity Services, LLC71,176$4.69M0.01%+3,542+5.2%Added
Public Sector Pension Investment Board70,176$4.63M0.01%00.0%Unchanged
Wedge Capital Management L L P70,033$4.62M0.09%−3,993−5.4%Reduced
Canada Pension Plan Investment Board68,300$4.50M0.00%−64,100−48.4%Reduced
Fifth Third Bancorp67,928$4.48M0.01%+67,350+11,652.2%Added
Magellan Asset Management Ltd65,874$4.34M0.06%+13,464+25.7%Added
Tudor Investment Corp Et Al64,187$4.23M0.02%+64,187New
Ieq Capital, LLC60,697$4.00M0.02%−15,733−20.6%Reduced
Deroy & Devereaux Private Investment Counsel Inc60,695$4.00M0.19%+300+0.5%Added
Point72 Asset Management, L.P.56,784$3.74M0.01%−2,622−4.4%Reduced