NORTHWESTERN CORP

Ticker: NWE CUSIP: 668074305 Class: EQTY

Magellan Asset Management Ltd's Holding History (CIK: 0001536105)

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

Q4 2025

Shares 52,410 Value ($000) $3,383 Avg Close $62.82 Range $56.07 - $68.56

Q3 2025

Shares 50,139 Value ($000) $2,939 Avg Close $54.14 Range $49.85 - $58.24

Q2 2025

Shares 47,850 Value ($000) $2,455 Avg Close $53.53 Range $49.39 - $57.89

Q1 2025

Shares 49,120 Value ($000) $2,843 Avg Close $52.06 Range $48.49 - $56.12

Q4 2024

Shares 49,671 Value ($000) $2,655 Avg Close $51.38 Range $48.17 - $54.22

Q3 2024

Shares 52,715 Value ($000) $3,016 Avg Close $49.89 Range $45.22 - $54.21

Q2 2024

Shares 53,085 Value ($000) $2,658 Avg Close $46.58 Range $43.68 - $48.79

Q1 2024

Shares 43,721 Value ($000) $2,227 Avg Close $44.40 Range $41.90 - $47.03

Q4 2023

Shares 35,419 Value ($000) $1,802 Avg Close $44.88 Range $41.24 - $48.79

Q3 2023

Shares 36,087 Value ($000) $1,734 Avg Close $47.33 Range $42.66 - $51.72

Q2 2023

Shares 31,493 Value ($000) $1,788 Avg Close $51.34 Range $48.87 - $53.67

Q1 2023

Shares 32,611 Value ($000) $1,887 Avg Close $49.59 Range $46.79 - $52.43

Q4 2022

Shares 41,569 Value ($000) $2,467 Avg Close $46.84 Range $41.72 - $52.07

Q3 2022

Shares 39,399 Value ($000) $1,942 Avg Close $46.61 Range $42.04 - $51.24

Q2 2022

Shares 41,484 Value ($000) $2,445 Avg Close $49.98 Range $45.98 - $52.83

Q1 2022

Shares 42,429 Value ($000) $2,567 Avg Close $48.63 Range $46.08 - $51.75

Q4 2021

Shares 47,332 Value ($000) $2,705 Avg Close $46.70 Range $43.99 - $49.52

Q3 2021

Shares 44,326 Value ($000) $2,540 Avg Close $50.51 Range $46.92 - $53.26

Q2 2021

Shares 40,242 Value ($000) $2,423 Avg Close $52.44 Range $48.13 - $56.92

Q1 2021

Shares 42,707 Value ($000) $2,784 Avg Close $47.20 Range $42.31 - $53.28

Q4 2020

Shares 38,834 Value ($000) $2,264 Avg Close $43.87 Range $37.97 - $49.46

Q3 2020

Shares 38,834 Value ($000) $1,889 Avg Close $41.40 Range $37.35 - $45.52

Q2 2020

Shares 38,834 Value ($000) $2,117 Avg Close $44.67 Range $39.68 - $50.33

Q1 2020

Shares 38,347 Value ($000) $2,294 Avg Close $54.52 Range $34.68 - $61.46

Q4 2019

Shares 40,127 Value ($000) $2,876 Avg Close $54.65 Range $51.50 - $57.67

Q3 2019

Shares 40,127 Value ($000) $3,012 Avg Close $54.27 Range $50.60 - $58.08

Q2 2019

Shares 38,218 Value ($000) $2,757 Avg Close $53.01 Range $50.21 - $55.53

Q1 2019

Shares 38,218 Value ($000) $2,691 Avg Close $48.59 Range $42.38 - $53.49

Q4 2018

Shares 34,611 Value ($000) $2,057 Avg Close $45.03 Range $41.21 - $48.18

Q3 2018

Shares 37,141 Value ($000) $2,179 Avg Close $43.15 Range $40.65 - $45.13

Q2 2018

Shares 37,141 Value ($000) $2,126 Avg Close $39.06 Range $37.03 - $41.93

Q1 2018

Shares 38,823 Value ($000) $2,089 Avg Close $37.69 Range $35.55 - $42.53

Q4 2017

Shares 33,853 Value ($000) $2,021 Avg Close $42.54 Range $39.78 - $45.45

Q3 2017

Shares 31,943 Value ($000) $1,819 Avg Close $41.74 Range $40.09 - $43.18

Q2 2017

Shares 31,655 Value ($000) $1,932 Avg Close $42.35 Range $40.29 - $44.62

Q1 2017

Shares 32,215 Value ($000) $2,000 Avg Close $39.52 Range $38.19 - $41.05

Q4 2016

Shares 37,103 Value ($000) $2,110 Avg Close $38.33 Range $36.64 - $40.23

Q3 2016

Shares 35,600 Value ($000) $2,048 Avg Close $40.31 Range $38.22 - $43.00

Q2 2016

Shares 35,939 Value ($000) $2,267 Avg Close $39.68 Range $37.02 - $42.70

Q1 2016

Shares 37,219 Value ($000) $2,298 Avg Close $38.33 Range $34.60 - $41.62

Q4 2015

Shares 37,925 Value ($000) $2,057 Avg Close $35.84 Range $33.71 - $37.52

Q3 2015

Shares 37,925 Value ($000) $2,042 Avg Close $34.01 Range $31.66 - $36.90

Q2 2015

Shares 37,925 Value ($000) $1,849 Avg Close $33.40 Range $31.54 - $35.25

Q1 2015

Shares 34,891 Value ($000) $1,877 Avg Close $35.30 Range $32.73 - $38.16

Q4 2014

Shares 35,959 Value ($000) $2,035 Avg Close $33.16 Range $28.63 - $37.51

Q3 2014

Shares 42,254 Value ($000) $1,917 Avg Close $30.29 Range $28.46 - $33.15

Q2 2014

Shares 39,079 Value ($000) $2,040 Avg Close $30.04 Range $28.38 - $33.02

Q1 2014

Shares 57,346 Value ($000) $2,720 Avg Close $27.98 Range $26.36 - $29.86

Q4 2013

Shares 57,346 Value ($000) $2,484 Avg Close $27.40 Range $25.54 - $28.91

Q3 2013

Shares 56,787 Value ($000) $2,551 Avg Close $25.46 Range $23.73 - $28.10

Q2 2013

Shares 58,709 Value ($000) $2,342 Avg Close $24.78 Range $23.14 - $25.97

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	52,410	$3,383	$62.82	$56.07 - $68.56
Q3 2025	50,139	$2,939	$54.14	$49.85 - $58.24
Q2 2025	47,850	$2,455	$53.53	$49.39 - $57.89
Q1 2025	49,120	$2,843	$52.06	$48.49 - $56.12
Q4 2024	49,671	$2,655	$51.38	$48.17 - $54.22
Q3 2024	52,715	$3,016	$49.89	$45.22 - $54.21
Q2 2024	53,085	$2,658	$46.58	$43.68 - $48.79
Q1 2024	43,721	$2,227	$44.40	$41.90 - $47.03
Q4 2023	35,419	$1,802	$44.88	$41.24 - $48.79
Q3 2023	36,087	$1,734	$47.33	$42.66 - $51.72
Q2 2023	31,493	$1,788	$51.34	$48.87 - $53.67
Q1 2023	32,611	$1,887	$49.59	$46.79 - $52.43
Q4 2022	41,569	$2,467	$46.84	$41.72 - $52.07
Q3 2022	39,399	$1,942	$46.61	$42.04 - $51.24
Q2 2022	41,484	$2,445	$49.98	$45.98 - $52.83
Q1 2022	42,429	$2,567	$48.63	$46.08 - $51.75
Q4 2021	47,332	$2,705	$46.70	$43.99 - $49.52
Q3 2021	44,326	$2,540	$50.51	$46.92 - $53.26
Q2 2021	40,242	$2,423	$52.44	$48.13 - $56.92
Q1 2021	42,707	$2,784	$47.20	$42.31 - $53.28
Q4 2020	38,834	$2,264	$43.87	$37.97 - $49.46
Q3 2020	38,834	$1,889	$41.40	$37.35 - $45.52
Q2 2020	38,834	$2,117	$44.67	$39.68 - $50.33
Q1 2020	38,347	$2,294	$54.52	$34.68 - $61.46
Q4 2019	40,127	$2,876	$54.65	$51.50 - $57.67
Q3 2019	40,127	$3,012	$54.27	$50.60 - $58.08
Q2 2019	38,218	$2,757	$53.01	$50.21 - $55.53
Q1 2019	38,218	$2,691	$48.59	$42.38 - $53.49
Q4 2018	34,611	$2,057	$45.03	$41.21 - $48.18
Q3 2018	37,141	$2,179	$43.15	$40.65 - $45.13
Q2 2018	37,141	$2,126	$39.06	$37.03 - $41.93
Q1 2018	38,823	$2,089	$37.69	$35.55 - $42.53
Q4 2017	33,853	$2,021	$42.54	$39.78 - $45.45
Q3 2017	31,943	$1,819	$41.74	$40.09 - $43.18
Q2 2017	31,655	$1,932	$42.35	$40.29 - $44.62
Q1 2017	32,215	$2,000	$39.52	$38.19 - $41.05
Q4 2016	37,103	$2,110	$38.33	$36.64 - $40.23
Q3 2016	35,600	$2,048	$40.31	$38.22 - $43.00
Q2 2016	35,939	$2,267	$39.68	$37.02 - $42.70
Q1 2016	37,219	$2,298	$38.33	$34.60 - $41.62
Q4 2015	37,925	$2,057	$35.84	$33.71 - $37.52
Q3 2015	37,925	$2,042	$34.01	$31.66 - $36.90
Q2 2015	37,925	$1,849	$33.40	$31.54 - $35.25
Q1 2015	34,891	$1,877	$35.30	$32.73 - $38.16
Q4 2014	35,959	$2,035	$33.16	$28.63 - $37.51
Q3 2014	42,254	$1,917	$30.29	$28.46 - $33.15
Q2 2014	39,079	$2,040	$30.04	$28.38 - $33.02
Q1 2014	57,346	$2,720	$27.98	$26.36 - $29.86
Q4 2013	57,346	$2,484	$27.40	$25.54 - $28.91
Q3 2013	56,787	$2,551	$25.46	$23.73 - $28.10
Q2 2013	58,709	$2,342	$24.78	$23.14 - $25.97