NorthWestern Energy Group, Inc. - Common Stock (NWE) Institutional Ownership

13F Institutional Holders and Ownership History from Q1 2014 to Q4 2025

Type / Class
Equity / Common Stock
Symbol
NWE on Nasdaq
Shares outstanding
61,504,458
Price per share
$64.54
All holders as of 30 Sep 2025
Q3 2025
Total 13F shares
57,550,250
Total reported value
$3,372,924,930
% of total 13F portfolios
0%
Share change
-2,938,166
Value change
-$157,551,296
Number of holders
324
Price from insider filings
$64.54
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of NorthWestern Energy Group, Inc. - Common Stock (NWE) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
BlackRock, Inc. 13% -28% $444,107,091 -$173,765,165 7,977,494 -28% BlackRock, Inc. 31 Mar 2025
AMERICAN CENTURY INVESTMENT MANAGEMENT INC 4.8% -18% $163,523,133 -$36,440,029 2,952,214 -18% American Century Investment Management, Inc. 30 Jun 2025

As of 30 Sep 2025, 324 institutional investors reported holding 57,550,250 shares of NorthWestern Energy Group, Inc. - Common Stock (NWE). This represents 94% of the company’s total 61,504,458 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of NorthWestern Energy Group, Inc. - Common Stock (NWE) together control 69% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
BlackRock, Inc. 14% 8,427,244 -3.6% 0.01% $493,920,773
VANGUARD GROUP INC 11% 6,695,664 -3.7% 0.01% $392,432,867
AMERICAN CENTURY COMPANIES INC 4.8% 2,968,816 +0.56% 0.09% $174,002,435
STATE STREET CORP 4.3% 2,622,967 +1.1% 0.01% $153,732,096
River Road Asset Management, LLC 3.7% 2,291,490 -0.33% 1.5% $134,304,229
GEODE CAPITAL MANAGEMENT, LLC 2.6% 1,625,762 +3.1% 0.01% $95,303,886
FRANKLIN RESOURCES INC 2.2% 1,338,278 +0.32% 0.02% $78,436,474
NEUBERGER BERMAN GROUP LLC 2.1% 1,268,440 -0.44% 0.05% $74,314,358
MACQUARIE GROUP LTD 1.9% 1,185,751 -9.4% 0.08% $69,496,599
SYSTEMATIC FINANCIAL MANAGEMENT LP 1.9% 1,176,980 +2.8% 1.7% $68,982,851
AQR CAPITAL MANAGEMENT LLC 1.9% 1,147,269 +70% 0.04% $67,241,432
FMR LLC 1.8% 1,123,183 -7% 0% $65,829,750
DIMENSIONAL FUND ADVISORS LP 1.6% 1,010,359 -0.36% 0.01% $59,215,451
WESTWOOD HOLDINGS GROUP INC 1.6% 981,250 -12% 0.41% $57,511,000
Bank of New York Mellon Corp 1.4% 861,330 -1.4% 0.01% $50,482,528
BANK OF AMERICA CORP /DE/ 1.4% 855,585 -30% 0% $50,145,829
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 1.4% 838,789 -1.9% 0.01% $49,161,423
FIRST TRUST ADVISORS LP 1.4% 832,389 -8.9% 0.04% $48,786,312
Invesco Ltd. 1.3% 817,838 +2.7% 0.01% $47,933,486
NORTHERN TRUST CORP 1.3% 811,749 -0.59% 0.01% $47,576,609
ProShare Advisors LLC 1.3% 794,913 +14% 0.1% $46,589,852
MORGAN STANLEY 1.3% 788,961 -8.8% 0% $46,241,126
Nuveen, LLC 1.1% 654,536 -6% 0.01% $38,362,354
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 1.1% 646,893 -24% 0.01% $37,914,399
VICTORY CAPITAL MANAGEMENT INC 1% 641,440 -19% 0.02% $37,594,799

Institutional Holders of NorthWestern Energy Group, Inc. - Common Stock (NWE) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 227,174 $14,675,949 +$2,167,776 $64.54 15
2025 Q3 57,550,250 $3,372,924,930 -$157,551,296 $58.61 324
2025 Q2 60,500,871 $3,109,180,734 +$101,943,662 $51.30 333
2025 Q1 58,479,810 $3,383,765,992 -$107,982,997 $57.87 343
2024 Q4 60,245,149 $3,221,022,577 +$108,419,383 $53.46 318
2024 Q3 58,134,860 $3,323,809,558 -$59,528,422 $57.22 307
2024 Q2 58,819,468 $2,945,696,737 +$18,974,037 $50.08 293
2024 Q1 58,139,564 $2,960,988,113 -$77,082,478 $50.93 297
2023 Q4 653,702 $33,279,245 +$25,196,074 $50.89 4
2023 Q3 58,575,399 $2,815,111,558 +$28,764,326 $48.06 267
2023 Q2 57,665,294 $3,273,535,184 -$15,633,704 $56.76 283
2023 Q1 58,163,945 $3,365,318,491 +$89,278,625 $57.86 284
2022 Q4 56,931,609 $3,378,112,243 +$32,146,661 $59.34 295
2022 Q3 52,954,366 $2,609,959,757 -$81,152,776 $49.28 271
2022 Q2 55,472,279 $3,269,058,877 -$14,821,390 $58.93 263
2022 Q1 55,377,603 $3,349,161,909 +$47,996,375 $60.49 259
2021 Q4 56,877,393 $3,251,252,615 +$446,190,079 $57.16 263
2021 Q3 49,187,096 $2,818,552,462 +$103,158,208 $57.30 257
2021 Q2 48,043,210 $2,893,797,604 -$2,783,666 $60.22 254
2021 Q1 47,055,141 $3,068,311,611 +$5,498,138 $65.20 247
2020 Q4 48,065,609 $2,801,071,272 -$22,728,319 $58.31 247
2020 Q3 48,021,265 $2,335,926,253 -$6,516,227 $48.64 253
2020 Q2 48,777,816 $2,658,976,038 +$1,786,129 $54.52 265
2020 Q1 48,609,955 $2,908,437,257 -$28,777,224 $59.83 260
2019 Q4 48,837,329 $3,498,838,387 -$27,932,414 $71.67 275
2019 Q3 49,122,865 $3,685,450,561 +$51,920,999 $75.05 281
2019 Q2 48,378,282 $3,487,955,505 +$95,172,900 $72.15 275
2019 Q1 48,457,008 $3,411,409,862 -$28,938,689 $70.41 277
2018 Q4 48,827,551 $2,902,192,136 +$734,525 $59.44 254
2018 Q3 48,725,483 $2,858,208,719 +$69,161,621 $58.66 254
2018 Q2 47,562,012 $2,722,959,298 +$174,447,639 $57.25 252
2018 Q1 45,784,900 $2,463,120,856 -$37,130,937 $53.80 241
2017 Q4 44,752,099 $2,672,205,538 +$15,663,197 $59.70 242
2017 Q3 45,654,717 $2,601,240,976 -$133,217,227 $56.94 237
2017 Q2 48,218,165 $2,942,013,835 +$80,409,635 $61.02 233
2017 Q1 35,135,827 $2,062,727,660 -$76,495,104 $58.70 238
2016 Q4 44,803,510 $2,547,990,564 -$39,615,306 $56.87 238
2016 Q3 46,810,570 $2,692,296,730 -$22,570,134 $57.53 215
2016 Q2 47,384,726 $2,988,218,159 -$58,296,462 $63.07 215
2016 Q1 48,763,631 $3,010,594,349 -$4,723,487 $61.75 212
2015 Q4 48,649,321 $2,639,536,526 -$6,422,718 $54.25 202
2015 Q3 48,990,973 $2,636,880,159 +$18,592,047 $53.83 196
2015 Q2 47,812,830 $2,331,300,113 +$125,046,890 $48.75 189
2015 Q1 46,212,202 $2,485,185,503 -$21,180,408 $53.79 193
2014 Q4 46,248,947 $2,617,234,267 +$477,403,734 $56.58 198
2014 Q3 38,836,949 $1,761,637,721 +$10,113,666 $45.36 189
2014 Q2 38,387,983 $2,002,121,323 +$33,035,803 $52.19 193
2014 Q1 37,166,152 $1,762,693,557 +$25,326,852 $47.43 189