NorthWestern Energy
358 hedge funds and large institutions have $3.86B invested in NorthWestern Energy in 2025 Q4 according to their latest regulatory filings, with 57 funds opening new positions, 137 increasing their positions, 121 reducing their positions, and 24 closing their positions.
138% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 24
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
14% more capital invested
Capital invested by funds: $3.37B → $3.86B (+$485M)
13% more repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 121
9% more funds holding
Funds holding: 329 → 358 (+29)
3.61% more ownership
Funds ownership: 93.75% → 97.36% (+3.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$62.6M |
| 2 |
Millennium Management
New York
|
+$53.9M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$51.4M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$37.1M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$36.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$72.9M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$65.1M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$58.8M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$37.9M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$30.8M |
NWE Hedge Fund Activity: Q4 2025 in Review
358 of the 8,263 institutional investors tracked by Wall St. Rank reported a position in NorthWestern Energy (NWE) for Q4 2025, worth a combined $3.86B — up 14% from $3.37B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new NWE positions and 24 closed out — a net gain of 33 holders — while 137 added to existing stakes and 121 trimmed.
The largest buyer was Balyasny Asset Management, adding an estimated $62.6M. The largest seller was Macquarie Group, cutting an estimated $72.9M.
- 358 institutional investors held NorthWestern Energy (NWE) as of Q4 2025, up from 329 in Q3 2025.
- Funds reported $3.86B of NorthWestern Energy stock for Q4 2025, up 14% quarter-over-quarter.
- 57 funds opened new NorthWestern Energy positions in Q4 2025 and 24 closed out, a net change of +33 holders.
- The largest NorthWestern Energy buyer in Q4 2025 was Balyasny Asset Management, an estimated $62.6M added.
- The largest NorthWestern Energy seller in Q4 2025 was Macquarie Group, an estimated $72.9M sold.
Based on aggregated 13F filings for Q4 2025.