NorthWestern Energy
NWE
373 hedge funds and large institutions have $3.94B invested in NorthWestern Energy in 2026 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 134 increasing their positions, 122 reducing their positions, and 29 closing their positions.
90% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 29
4% more funds holding
Funds holding: 358 → 373 (+15)
10% more repeat investments, than reductions
Existing positions increased: 134 | Existing positions reduced: 122
2% more capital invested
Capital invested by funds: $3.86B → $3.94B (+$82.2M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.16% less ownership
Funds ownership: 97.36% → 97.2% (-0.16%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$47M |
| 2 |
CAU
Caxton Associates (UK)
London,
|
+$44.5M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$32.2M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$27.5M |
| 5 |
Man Group
London,
United Kingdom
|
+$27.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$36.3M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$32.6M |
| 3 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$29.5M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$24.8M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$24.1M |
NWE Hedge Fund Activity: Q1 2026 in Review
373 of the 8,184 institutional investors tracked by Wall St. Rank reported a position in NorthWestern Energy (NWE) for Q1 2026, worth a combined $3.94B — up 2.1% from $3.86B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new NWE positions and 29 closed out — a net gain of 26 holders — while 134 added to existing stakes and 122 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $47M. The largest seller was Adage Capital Partners, cutting an estimated $36.3M.
- 373 institutional investors held NorthWestern Energy (NWE) as of Q1 2026, up from 358 in Q4 2025.
- Funds reported $3.94B of NorthWestern Energy stock for Q1 2026, up 2.1% quarter-over-quarter.
- 55 funds opened new NorthWestern Energy positions in Q1 2026 and 29 closed out, a net change of +26 holders.
- The largest NorthWestern Energy buyer in Q1 2026 was Goldman Sachs, an estimated $47M added.
- The largest NorthWestern Energy seller in Q1 2026 was Adage Capital Partners, an estimated $36.3M sold.
Based on aggregated 13F filings for Q1 2026.