NWE

NORTHWESTERN CORPORATION

3 superinvestors own NWE

Based on latest 13F filings — data is 45–90 days delayed

Investor	Fund	Weight	Shares	Value	Quarter	Activity
Valley Forge Capital Management	Valley Forge Capital Management	0.99%	104,630	$3.0M	2010Q3	New
Mairs & Power	Mairs & Power Growth Fund	0.05%	81,682	$5.3M	2025Q4	Reduced
First Eagle Investment Management	First Eagle Investment Management	0.01%	72,999	$3.7M	2025Q2	Reduced

Open-market purchases (P) and sales (S) from SEC Form 4 filings · last 12 months

No open-market insider trades in the last 12 months.

Form 4 filings for option exercises and other transaction types are excluded.

STOCK Act disclosures · last 12 months

Congressional trade data coming soon.

We are sourcing STOCK Act disclosures and will display them here shortly.

What Is SEC Form 4?

Understand the insider trade filings behind NWE activity.

What Is a 13F Filing?

How superinvestors disclose their quarterly holdings.

Insider Cluster Buying

Why multiple insiders buying together is a strong signal.

Superinvestor Consensus

The most widely held stocks across all tracked institutions.