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NorthWestern Energy

329 hedge funds and large institutions have $3.37B invested in NorthWestern Energy in 2025 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 130 increasing their positions, 116 reducing their positions, and 52 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

12% more repeat investments, than reductions

Existing positions increased: 130 | Existing positions reduced: 116

9% more capital invested

Capital invested by funds: $3.11B → $3.37B (+$265M)

6% less first-time investments, than exits

New positions opened: 49 | Existing positions closed: 52

2% less funds holding

Funds holding: 335329 (-6)

4.79% less ownership

Funds ownership: 98.54%93.75% (-4.8%)

Holders
329
Holders Change
-6
Holders Change %
-1.79%
% of All Funds
4.32%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
49
Increased
130
Reduced
116
Closed
52
Calls
$469K
Puts
Net Calls
+$469K
Net Calls Change
-$619K
Name Holding Trade Value Shares
Change
Change in
Stake
State of New Jersey Common Pension Fund D
101
State of New Jersey Common Pension Fund D
New Jersey
$2.18M +$156K +2,832 +8%
Bank of Montreal
102
Bank of Montreal
Ontario, Canada
$2.16M -$74.5K -1,350 -4%
State of Wisconsin Investment Board
103
State of Wisconsin Investment Board
Wisconsin
$2.13M -$104K -1,884 -5%
Cerity Partners
104
Cerity Partners
New York
$2.11M +$1.38M +25,061 +228%
CM
105
Capula Management
Cayman Islands
$2.1M +$1.97M +35,778 New
Ohio Public Employees Retirement System (OPERS)
106
Ohio Public Employees Retirement System (OPERS)
Ohio
$2.1M -$172K -3,115 -8%
DIM
107
DC Investments Management
Virginia
$1.93M
BCI
108
Brinker Capital Investments
Pennsylvania
$1.93M +$219K +3,974 +14%
DekaBank Deutsche Girozentrale
109
DekaBank Deutsche Girozentrale
Germany
$1.93M
DFCM
110
Dark Forest Capital Management
Puerto Rico
$1.86M -$5.69M -103,036 -76%
ACB
111
Aristotle Capital Boston
Massachusetts
$1.86M -$117K -2,120 -6%
Renaissance Technologies
112
Renaissance Technologies
New York
$1.84M -$8.48M -153,700 -83%
NGA
113
Naples Global Advisors
Florida
$1.75M +$52.4K +950 +3%
AA
114
ALPS Advisors
Colorado
$1.67M +$458K +8,304 +41%
AB
115
Amalgamated Bank
New York
$1.58M -$4.86K -88 -0.3%
Janus Henderson Group
116
Janus Henderson Group
United Kingdom
$1.58M
HA
117
Heartland Advisors
Wisconsin
$1.57M -$2.36M -42,699 -61%
PNC Financial Services Group
118
PNC Financial Services Group
Pennsylvania
$1.54M -$22.5K -408 -2%
Carson Wealth (CWM LLC)
119
Carson Wealth (CWM LLC)
Nebraska
$1.53M +$1.22M +22,121 +552%
VOYA Investment Management
120
VOYA Investment Management
Georgia
$1.52M -$17.7M -320,014 -93%
N
121
Natixis
France
$1.51M +$1.43M +25,822 New
A
122
AlphaQuest
New York
$1.5M -$296K -5,356 -17%
HF
123
HRT Financial
New York
$1.49M +$355K +6,424 +34%
AAP
124
Arax Advisory Partners
Colorado
$1.44M +$1.35M +24,472 +188,246%
AA
125
AQR Arbitrage
Connecticut
$1.4M +$1.32M +23,947 New

NWE Hedge Fund Activity: Q3 2025 in Review

329 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in NorthWestern Energy (NWE) for Q3 2025, worth a combined $3.37B — up 8.5% from $3.11B a quarter earlier.

Sellers outnumbered buyers: 52 funds closed out of NWE and 49 opened new positions — a net loss of 3 holders — while 116 trimmed existing stakes and 130 added.

The largest buyer was Royal Bank of Canada, adding an estimated $32.9M. The largest seller was UBS Group, cutting an estimated $55.4M.

  • 329 institutional investors held NorthWestern Energy (NWE) as of Q3 2025, down from 335 in Q2 2025.
  • Funds reported $3.37B of NorthWestern Energy stock for Q3 2025, up 8.5% quarter-over-quarter.
  • 49 funds opened new NorthWestern Energy positions in Q3 2025 and 52 closed out, a net change of -3 holders.
  • The largest NorthWestern Energy buyer in Q3 2025 was Royal Bank of Canada, an estimated $32.9M added.
  • The largest NorthWestern Energy seller in Q3 2025 was UBS Group, an estimated $55.4M sold.

Based on aggregated 13F filings for Q3 2025.