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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
Arizona State Retirement System16,867$1.11M0.01%−269−1.6%Reduced
Hennion & Walsh Asset Management, Inc.16,882$1.11M0.04%+1,738+11.5%Added
State Board of Administration of Florida Retirement System16,886$1.11M0.00%00.0%Unchanged
Police & Firemen's Retirement System of New Jersey16,957$1.12M0.01%+591+3.6%Added
Wealth Enhancement Advisory Services, LLC16,562$1.12M0.00%−1,101−6.2%Reduced
First Citizens Bank & Trust Co17,264$1.14M0.02%−892−4.9%Reduced
Envestnet Portfolio Solutions, Inc.17,370$1.15M0.01%−2,614−13.1%Reduced
Virtu Financial LLC17,437$1.15M0.05%−10,360−37.3%Reduced
Gsa Capital Partners LLP17,459$1.15M0.07%+17,459New
Y-Intercept (Hong Kong) Ltd17,698$1.17M0.02%+7,951+81.6%Added
Louisiana State Employees Retirement System17,800$1.17M0.02%+800+4.7%Added
Yousif Capital Management, LLC17,946$1.18M0.01%−1,006−5.3%Reduced
BNP Paribas Arbitrage, SA18,001$1.19M0.00%−6,730−27.2%Reduced
Mercer Global Advisors Inc18,201$1.20M0.00%+637+3.6%Added
Winton Group Ltd18,218$1.20M0.04%+6,145+50.9%Added
STRS Ohio18,400$1.21M0.00%−400−2.1%Reduced
Diametric Capital, LP18,851$1.24M0.33%−2,871−13.2%Reduced
Teachers Retirement System of the State of Kentucky18,922$1.25M0.01%00.0%Unchanged
Sequoia Financial Advisors, LLC18,974$1.25M0.01%−4,224−18.2%Reduced
Headlands Technologies LLC19,053$1.26M0.14%+13,573+247.7%Added
State of Tennessee, Treasury Department19,066$1.26M0.00%00.0%Unchanged
Hager Investment Management Services, LLC19,217$1.27M0.70%+3,699+23.8%Added
New York State Common Retirement Fund19,420$1.28M0.00%00.0%Unchanged
Mariner, LLC19,690$1.30M0.00%−12,600−39.0%Reduced
Polar Asset Management Partners Inc.20,987$1.38M0.03%00.0%Unchanged
Quantinno Capital Management LP21,415$1.41M0.00%+3,751+21.2%Added
Keebeck Alpha, LP22,848$1.51M4.59%00.0%Unchanged
The PNC Financial Services Group, Inc.23,668$1.56M0.00%−1,447−5.8%Reduced
Vanguard Global Advisers, LLC24,120$1.59M0.00%+24,120New
Van Eck Associates Corp24,828$1.64M0.00%+1,044+4.4%Added
Nine Masts Capital Ltd25,000$1.65M0.25%+25,000New
Zurcher Kantonalbank (Zurich Cantonalbank)25,180$1.66M0.00%+8,728+53.1%Added
Voya Investment Management LLC25,344$1.67M0.00%−476−1.8%Reduced
Alps Advisors Inc25,451$1.68M0.01%−1,254−4.7%Reduced
CSS LLC25,541$1.68M0.09%+1,941+8.2%Added
Engineers Gate Manager LP25,750$1.70M0.02%+9,785+61.3%Added
Graham Capital Management, L.P.26,321$1.74M0.06%+26,321New
Schnieders Capital Management, LLC.26,523$1.75M0.28%+575+2.2%Added
Amalgamated Bank26,573$1.75M0.01%+705+2.7%Added
Mangrove Partners26,570$1.75M0.14%+26,570New
Brinker Capital Investments, LLC27,046$1.78M0.02%−3,167−10.5%Reduced
Naples Global Advisors, LLC28,262$1.86M0.14%−1,500−5.0%Reduced
Moore Capital Management, LP28,670$1.89M0.07%−24,800−46.4%Reduced
Verition Fund Management LLC29,056$1.92M0.02%−1,655−5.4%Reduced
LPL Financial LLC29,326$1.93M0.00%+15,314+109.3%Added
CWM, LLC30,506$2.01M0.01%+47+0.2%Added
Prelude Capital Management, LLC32,629$2.15M0.16%+4,367+15.5%Added
State of New Jersey Common Pension Fund D32,812$2.16M0.01%+43+0.1%Added
DC Investments Management, LLC32,976$2.17M0.83%00.0%Unchanged
Bank of Montreal33,580$2.21M0.00%+293+0.9%Added
Skandinaviska Enskilda Banken AB (publ)34,226$2.26M0.05%+24,226+242.3%Added
Creative Planning38,988$2.57M0.00%+4,431+12.8%Added
Advisors Asset Management, Inc.40,004$2.64M0.04%−41,267−50.8%Reduced
Susquehanna Portfolio Strategies, LLC40,317$2.66M0.04%−559−1.4%Reduced
Lesa Sroufe & Co40,655$2.68M1.83%+461+1.1%Added
Macquarie Group Ltd40,927$2.70M0.02%+6,508+18.9%Added
Bridgewater Associates, LP44,477$2.93M0.01%−79,304−64.1%Reduced
Intech Investment Management LLC45,599$3.01M0.03%+17,803+64.0%Added
Citadel Advisors LLC45,789$3.02M0.00%−242,313−84.1%Reduced
Nisa Investment Advisors, LLC46,267$3.05M0.01%−3,299−6.7%Reduced
Vanguard Investments Australia, Ltd.46,673$3.08M0.01%+46,673New
Wells Fargo & Company46,740$3.08M0.00%−44,881−49.0%Reduced
Manufacturers Life Insurance Company, The46,808$3.09M0.00%−4,115−8.1%Reduced
Vanguard Asset Management, Ltd47,287$3.12M0.00%+47,287New
North Star Investment Management Corp.50,999$3.36M0.20%+10.0%Added
Mint Tower Capital Management B.V.52,422$3.46M0.34%+50,000+2,064.4%Added
Susquehanna International Group, LLP53,653$3.54M0.00%−33,339−38.3%Reduced
Heartland Advisors Inc53,687$3.54M0.18%−15,940−22.9%Reduced
Maryland State Retirement & Pension System55,009$3.63M0.07%−2,606−4.5%Reduced
Envestnet Asset Management Inc55,952$3.69M0.00%+9,652+20.8%Added
Mathes Company, Inc.56,255$3.71M1.36%+1,600+2.9%Added
Weiss Asset Management LP56,276$3.71M0.07%+25,832+84.9%Added
SEI Investments Co56,426$3.72M0.00%+14,427+34.4%Added
Point72 Asset Management, L.P.56,784$3.74M0.01%−2,622−4.4%Reduced
Deroy & Devereaux Private Investment Counsel Inc60,695$4.00M0.19%+300+0.5%Added
Ieq Capital, LLC60,697$4.00M0.02%−15,733−20.6%Reduced
Tudor Investment Corp Et Al64,187$4.23M0.02%+64,187New
Magellan Asset Management Ltd65,874$4.34M0.06%+13,464+25.7%Added
Fifth Third Bancorp67,928$4.48M0.01%+67,350+11,652.2%Added
Canada Pension Plan Investment Board68,300$4.50M0.00%−64,100−48.4%Reduced
Wedge Capital Management L L P70,033$4.62M0.09%−3,993−5.4%Reduced
Public Sector Pension Investment Board70,176$4.63M0.01%00.0%Unchanged
Commonwealth Equity Services, LLC71,176$4.69M0.01%+3,542+5.2%Added
Price T Rowe Associates Inc71,882$4.74M0.00%+13,198+22.5%Added
New York State Teachers Retirement System72,432$4.78M0.01%−2,013−2.7%Reduced
California State Teachers Retirement System75,303$4.97M0.01%+14,478+23.8%Added
Retirement Systems of Alabama75,328$4.97M0.02%+1,630+2.2%Added
Janus Henderson Group PLC76,104$5.02M0.00%+17,200+29.2%Added
Conning Inc.77,076$5.08M0.17%00.0%Unchanged
First Manhattan Co77,837$5.13M0.01%−7,928−9.2%Reduced
XTX Topco Ltd78,962$5.21M0.09%+34,704+78.4%Added
Great West Life Assurance Co81,527$5.39M0.01%−1,726−2.1%Reduced
Oliver Luxxe Assets LLC82,446$5.44M0.81%+3,220+4.1%Added
Cerity Partners LLC85,365$5.63M0.01%+27,966+48.7%Added
Mairs & Power Inc86,002$5.67M0.06%+4,320+5.3%Added
Captrust Financial Advisors91,118$6.01M0.01%+70,239+336.4%Added
South Dakota Investment Council93,111$6.14M0.12%−9,600−9.3%Reduced
ExodusPoint Capital Management, LP95,891$6.32M0.06%+95,891New
Hotchkis & Wiley Capital Management LLC97,642$6.44M0.02%−127,825−56.7%Reduced
Ancora Advisors, LLC98,225$6.48M0.14%−31,180−24.1%Reduced