Ray Dalio’s NorthWestern Energy NWE Stock Holding History

Ray Dalio’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
2026 Q1	$2.93M	Sell	44,477 -79,304	-64%	-$5.37M	0.01%	564
2025 Q4	$7.99M	Sell	123,781 -140,360	-53%	-$8.89M	0.03%	408
2025 Q3	$15.5M	Buy	264,141 +11,388	+5%	+$629K	0.06%	248
2025 Q2	$13M	Buy	252,753 +156,865	+164%	+$8.67M	0.05%	226
2025 Q1	$5.55M	Buy	95,888 +36,049	+60%	+$1.96M	0.03%	341
2024 Q4	$3.2M	Buy	+59,839	New	+$3.25M	0.01%	406

Other funds holding NWE

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

State Street Boston, Massachusetts $3.37T AUM 44.26% 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

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

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Millennium Management New York $240B AUM 35.51% 1-Year Est. Return

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

Ray Dalio's NWE Position: Q1 2026 in Review

Ray Dalio reduced its NorthWestern Energy (NWE) stake by 64% in Q1 2026, selling an estimated $5.37M and leaving 44,477 shares worth $2.93M. The position accounts for 0.01% of the portfolio, ranked #564.

Ray Dalio first reported a position in NWE in Q4 2024 and has held it in 6 quarters since. The position peaked at $15.5M in Q3 2025. 372 funds tracked by Wall St. Rank hold NWE as of Q1 2026.

Ray Dalio held 44,477 shares of NorthWestern Energy worth $2.93M as of Q1 2026.
Ray Dalio sold 79,304 NorthWestern Energy shares in Q1 2026, an estimated $5.37M.
NorthWestern Energy made up 0.01% of Ray Dalio's portfolio in Q1 2026, its #564 holding.
Ray Dalio first reported a position in NorthWestern Energy in Q4 2024 and has held it in 6 quarters since.
Ray Dalio's NorthWestern Energy position peaked at $15.5M in Q3 2025.
372 funds tracked by Wall St. Rank held NorthWestern Energy as of Q1 2026.

Based on Bridgewater Associates's 13F filing for Q1 2026, filed 15 May 2026.