Marshall Wace’s NorthWestern Energy NWE Stock Holding History

Marshall Wace’s Portfolio NWE Stock Details NWE Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-8,954	Closed	-$525K	–	3325
2025 Q3	$525K	Sell	8,954 -43,817	-83%	-$2.42M	﹤0.01%	2213
2025 Q2	$2.71M	Sell	52,771 -137,211	-72%	-$7.58M	﹤0.01%	1428
2025 Q1	$11M	Buy	+189,982	New	+$10.3M	0.01%	739
2024 Q4	–	Sell	-6,913	Closed	-$396K	–	2878
2024 Q3	$396K	Buy	+6,913	New	+$369K	﹤0.01%	2008
2024 Q2	–	Sell	-28,843	Closed	-$1.47M	–	2831
2024 Q1	$1.47M	Buy	+28,843	New	+$1.41M	﹤0.01%	1499
2023 Q4	–	Sell	-39,976	Closed	-$1.92M	–	2479
2023 Q3	$1.92M	Buy	+39,976	New	+$2.13M	﹤0.01%	1238
2022 Q4	–	Sell	-76,203	Closed	-$3.75M	–	3270
2022 Q3	$3.75M	Buy	+76,203	New	+$4.18M	0.01%	1585
2022 Q1	–	Sell	-412,441	Closed	-$23.6M	–	3805
2021 Q4	$23.6M	Buy	+412,441	New	+$23.4M	0.04%	435
2015 Q4	–	Sell	-124,200	Closed	-$6.69M	–	1079
2015 Q3	$6.69M	Buy	+124,200	New	+$6.47M	0.08%	243
2015 Q1	–	Sell	-255,945	Closed	-$14.5M	–	898
2014 Q4	$14.5M	Buy	+255,945	New	+$13.4M	0.19%	145

Other funds holding NWE

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

American Century Companies Kansas City, Missouri $194B AUM 35% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

RRAM

River Road Asset Management Louisville, Kentucky $8.99B AUM 12.83% 1-Year Est. Return

Neuberger Berman Group New York $131B AUM 28.36% 1-Year Est. Return

SFM

Systematic Financial Management Teaneck, New Jersey $4.36B AUM 40.56% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Marshall Wace's NWE Position: Q4 2025 in Review

Marshall Wace sold out of NorthWestern Energy (NWE) in Q4 2025, closing a stake of 8,954 shares — an estimated $525K sold.

Marshall Wace first reported a position in NWE in Q4 2014 and held it in 10 quarters. The position peaked at $23.6M in Q4 2021. 357 funds tracked by Wall St. Rank hold NWE as of Q4 2025.

Marshall Wace reported no remaining NorthWestern Energy position as of Q4 2025 after selling out during the quarter.
Marshall Wace sold 8,954 NorthWestern Energy shares in Q4 2025, an estimated $525K.
Marshall Wace first reported a position in NorthWestern Energy in Q4 2014 and held it in 10 quarters.
Marshall Wace's NorthWestern Energy position peaked at $23.6M in Q4 2021.
357 funds tracked by Wall St. Rank held NorthWestern Energy as of Q4 2025.

Based on Marshall Wace's 13F filing for Q4 2025, filed 13 Feb 2026.