Shell Asset Management’s NorthWestern Energy NWE Stock Holding History

Shell Asset Management’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 Q3	$79K	Sell	1,345 -2,503	-65%	-$138K	0.01%	719
2025 Q2	$197K	Sell	3,848 -762	-17%	-$42.1K	0.01%	778
2025 Q1	$267K	Buy	4,610 +1,825	+66%	+$99.2K	0.01%	665
2024 Q4	$149K	Sell	2,785 -13	-0.5%	-$707	0.01%	936
2024 Q3	$160K	Buy	+2,798	New	+$149K	0.01%	918
2024 Q1	$148K	Sell	2,957 -383	-11%	-$18.7K	0.01%	915
2023 Q4	$170K	Sell	3,340 -963	-22%	-$48.1K	0.01%	910
2023 Q3	$207K	Sell	4,303 -69	-2%	-$3.68K	0.01%	892
2023 Q2	$248K	Buy	4,372 +37	+0.9%	+$2.16K	0.01%	841
2023 Q1	$251K	Sell	4,335 -15	-0.3%	-$856	0.01%	854
2022 Q4	$258K	Sell	4,350 -921	-17%	-$50.2K	0.01%	843
2022 Q3	$260K	Sell	5,271 -1,404	-21%	-$77.1K	0.01%	900
2022 Q2	$393K	Buy	6,675 +5	+0.1%	+$298	0.01%	841
2022 Q1	$403K	Sell	6,670 -965	-13%	-$56.5K	0.01%	915
2021 Q4	$436K	Buy	7,635 +28	+0.4%	+$1.59K	0.01%	959
2021 Q3	$436K	Sell	7,607 -350	-4%	-$21.7K	0.01%	930
2021 Q2	$479K	Buy	7,957 +430	+6%	+$28K	0.01%	936
2021 Q1	$491K	Sell	7,527 -40	-0.5%	-$2.37K	0.01%	859
2020 Q4	$441K	Hold	7,567	–	–	0.01%	849
2020 Q3	$368K	Hold	7,567	–	–	0.01%	814
2020 Q2	$413K	Sell	7,567 -8,574	-53%	-$497K	0.01%	746
2020 Q1	$966K	Sell	16,141 -246	-2%	-$17.5K	0.03%	440
2019 Q4	$1.17M	Sell	16,387 -415	-2%	-$29.9K	0.03%	491
2019 Q3	$1.26M	Sell	16,802 -148	-0.9%	-$10.7K	0.03%	455
2019 Q2	$1.22M	Sell	16,950 -387	-2%	-$27.5K	0.03%	481
2019 Q1	$1.22M	Hold	17,337	–	–	0.03%	483
2018 Q4	$1.03M	Sell	17,337 -1,500	-8%	-$92K	0.03%	503
2018 Q3	$1.1M	Hold	18,837	–	–	0.02%	608
2018 Q2	$1.08M	Sell	18,837 -1,008	-5%	-$54.7K	0.02%	642
2018 Q1	$1.07M	Hold	19,845	–	–	0.02%	638
2017 Q4	$1.19M	Hold	19,845	–	–	0.02%	591
2017 Q3	$1.13M	Sell	19,845 -400	-2%	-$23.9K	0.03%	560
2017 Q2	$1.24M	Hold	20,245	–	–	0.03%	534
2017 Q1	$1.19M	Sell	20,245 -1,418	-7%	-$81.5K	0.03%	535
2016 Q4	$1.23M	Sell	21,663 -194	-0.9%	-$10.9K	0.03%	564
2016 Q3	$1.26M	Sell	21,857 -999	-4%	-$59.6K	0.03%	563
2016 Q2	$1.44M	Sell	22,856 -1,297	-5%	-$76.8K	0.03%	478
2016 Q1	$1.49M	Sell	24,153 -1,443	-6%	-$83.2K	0.04%	454
2015 Q4	$1.39M	Sell	25,596 -1,609	-6%	-$87.5K	0.03%	477
2015 Q3	$1.23M	Buy	27,205 +1,277	+5%	+$66.6K	0.02%	614
2015 Q2	$1.26M	Sell	25,928 -1,198	-4%	-$61.9K	0.03%	540
2015 Q1	$1.46M	Sell	27,126 -79	-0.3%	-$4.36K	0.03%	522
2014 Q4	$1.54M	Hold	27,205	–	–	0.02%	552
2014 Q3	$1.23M	Buy	27,205 +2,554	+10%	+$123K	0.02%	634
2014 Q2	$1.29M	Sell	24,651 -286	-1%	-$13.7K	0.02%	635
2014 Q1	$1.18M	Sell	24,937 -99	-0.4%	-$4.47K	0.02%	652
2013 Q4	$1.08M	Buy	25,036 +4,041	+19%	+$180K	0.02%	664
2013 Q3	$943K	Hold	20,995	–	–	0.02%	715
2013 Q2	$838K	Buy	+20,995	New	+$863K	0.02%	716

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

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

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

RRAM

River Road Asset Management Louisville, Kentucky $8.99B AUM 12.83% 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

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

Macquarie Group Sydney, NSW 2000, Australia $16.8B AUM 27.39% 1-Year Est. Return

SFM

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

Shell Asset Management's NWE Position: Q3 2025 in Review

Shell Asset Management reduced its NorthWestern Energy (NWE) stake by 65% in Q3 2025, selling an estimated $138K and leaving 1,345 shares worth $79K. The position accounts for 0.01% of the portfolio, ranked #719.

Shell Asset Management first reported a position in NWE in Q2 2013 and has held it in 49 quarters since. The position peaked at $1.54M in Q4 2014. 329 funds tracked by Wall St. Rank hold NWE as of Q3 2025.

Shell Asset Management held 1,345 shares of NorthWestern Energy worth $79K as of Q3 2025.
Shell Asset Management sold 2,503 NorthWestern Energy shares in Q3 2025, an estimated $138K.
NorthWestern Energy made up 0.01% of Shell Asset Management's portfolio in Q3 2025, its #719 holding.
Shell Asset Management first reported a position in NorthWestern Energy in Q2 2013 and has held it in 49 quarters since.
Shell Asset Management's NorthWestern Energy position peaked at $1.54M in Q4 2014.
329 funds tracked by Wall St. Rank held NorthWestern Energy as of Q3 2025.

Based on Shell Asset Management's 13F filing for Q3 2025, filed 7 Nov 2025.