NORTHWESTERN CORP

Ticker: NWE CUSIP: 668074305 Class: EQTY

TWO SIGMA ADVISERS, LP's Holding History (CIK: 0001478735)

Note: Option positions (PUT/CALL) are excluded.

Q2 2025

Shares 106,300 Value ($000) $5,453 Avg Close $53.53 Range $49.39 - $57.89

Q1 2025

Shares 111,300 Value ($000) $6,441 Avg Close $52.06 Range $48.49 - $56.12

Q4 2024

Shares 42,900 Value ($000) $2,293 Avg Close $51.38 Range $48.17 - $54.22

Q3 2024

Shares 54,300 Value ($000) $3,107 Avg Close $49.89 Range $45.22 - $54.21

Q2 2024

Shares 84,100 Value ($000) $4,212 Avg Close $46.58 Range $43.68 - $48.79

Q1 2024

Shares 68,300 Value ($000) $3,479 Avg Close $44.40 Range $41.90 - $47.03

Q4 2023

Shares 51,900 Value ($000) $2,641 Avg Close $44.88 Range $41.24 - $48.79

Q3 2023

Shares 90,900 Value ($000) $4,369 Avg Close $47.33 Range $42.66 - $51.72

Q2 2023

Shares 105,700 Value ($000) $6,000 Avg Close $51.34 Range $48.87 - $53.67

Q1 2023

Shares 113,400 Value ($000) $6,561 Avg Close $49.59 Range $46.79 - $52.43

Q4 2022

Shares 154,900 Value ($000) $9,192 Avg Close $46.84 Range $41.72 - $52.07

Q3 2022

Shares 318,100 Value ($000) $15,676 Avg Close $46.61 Range $42.04 - $51.24

Q2 2022

Shares 111,900 Value ($000) $6,594 Avg Close $49.98 Range $45.98 - $52.83

Q1 2022

Shares 88,700 Value ($000) $5,365 Avg Close $48.63 Range $46.08 - $51.75

Q4 2021

Shares 15,800 Value ($000) $903 Avg Close $46.70 Range $43.99 - $49.52

Q2 2021

Shares 4,600 Value ($000) $277 Avg Close $52.44 Range $48.13 - $56.92

Q1 2021

Shares 16,500 Value ($000) $1,076 Avg Close $47.20 Range $42.31 - $53.28

Q4 2020

Shares 37,400 Value ($000) $2,181 Avg Close $43.87 Range $37.97 - $49.46

Q3 2020

Shares 80,800 Value ($000) $3,930 Avg Close $41.40 Range $37.35 - $45.52

Q2 2020

Shares 5,100 Value ($000) $278 Avg Close $44.67 Range $39.68 - $50.33

Q1 2019

Shares 3,300 Value ($000) $232 Avg Close $48.59 Range $42.38 - $53.49

Q4 2017

Shares 58,967 Value ($000) $3,520 Avg Close $42.54 Range $39.78 - $45.45

Q3 2017

Shares 248,367 Value ($000) $14,142 Avg Close $41.74 Range $40.09 - $43.18

Q4 2016

Shares 3,567 Value ($000) $203 Avg Close $38.33 Range $36.64 - $40.23

Q2 2013

Shares 74,138 Value ($000) $2,960 Avg Close $24.78 Range $23.14 - $25.97

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2025	106,300	$5,453	$53.53	$49.39 - $57.89
Q1 2025	111,300	$6,441	$52.06	$48.49 - $56.12
Q4 2024	42,900	$2,293	$51.38	$48.17 - $54.22
Q3 2024	54,300	$3,107	$49.89	$45.22 - $54.21
Q2 2024	84,100	$4,212	$46.58	$43.68 - $48.79
Q1 2024	68,300	$3,479	$44.40	$41.90 - $47.03
Q4 2023	51,900	$2,641	$44.88	$41.24 - $48.79
Q3 2023	90,900	$4,369	$47.33	$42.66 - $51.72
Q2 2023	105,700	$6,000	$51.34	$48.87 - $53.67
Q1 2023	113,400	$6,561	$49.59	$46.79 - $52.43
Q4 2022	154,900	$9,192	$46.84	$41.72 - $52.07
Q3 2022	318,100	$15,676	$46.61	$42.04 - $51.24
Q2 2022	111,900	$6,594	$49.98	$45.98 - $52.83
Q1 2022	88,700	$5,365	$48.63	$46.08 - $51.75
Q4 2021	15,800	$903	$46.70	$43.99 - $49.52
Q2 2021	4,600	$277	$52.44	$48.13 - $56.92
Q1 2021	16,500	$1,076	$47.20	$42.31 - $53.28
Q4 2020	37,400	$2,181	$43.87	$37.97 - $49.46
Q3 2020	80,800	$3,930	$41.40	$37.35 - $45.52
Q2 2020	5,100	$278	$44.67	$39.68 - $50.33
Q1 2019	3,300	$232	$48.59	$42.38 - $53.49
Q4 2017	58,967	$3,520	$42.54	$39.78 - $45.45
Q3 2017	248,367	$14,142	$41.74	$40.09 - $43.18
Q4 2016	3,567	$203	$38.33	$36.64 - $40.23
Q2 2013	74,138	$2,960	$24.78	$23.14 - $25.97