Allspring Global Investments Reduces Northern Oil and Gas Holdings

The institutional investor sold over 400,000 shares of the energy company in Q4 2025.

Apr. 4, 2026 at 7:25am

An extreme close-up of heavy, industrial oil and gas machinery in muted tones of gray, black, and steel blue, conceptually representing the tangible, physical nature of energy infrastructure.This industrial-style image reflects the complex financial transactions and shifting investment strategies that shape the energy sector.Williston Today

Allspring Global Investments Holdings LLC reduced its stake in Northern Oil and Gas, Inc. (NYSE:NOG) by 24.6% in the fourth quarter of 2025, according to a recent SEC filing. The institutional investor sold 424,442 shares, leaving it with 1,297,897 shares worth approximately $28.6 million.

Why it matters

This transaction provides insight into the investment strategies of major institutional players like Allspring Global Investments. The reduction in Northern Oil and Gas holdings could signal a shift in market sentiment or portfolio rebalancing by the firm.

The details

Allspring Global Investments Holdings LLC is an institutional investor that previously owned around 1.33% of Northern Oil and Gas. The firm sold 424,442 shares of the energy company during Q4 2025, reducing its total position to 1,297,897 shares.

  • Allspring Global Investments Holdings LLC filed the SEC disclosure on April 4, 2026.
  • The transaction occurred in the fourth quarter of 2025.

The players

Allspring Global Investments Holdings LLC

An institutional investment firm that previously held a significant stake in Northern Oil and Gas, Inc.

Northern Oil and Gas, Inc.

An independent energy company focused on oil and gas exploration and development, primarily in the Williston Basin.

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The takeaway

This transaction highlights the shifting investment landscape, as major institutional players reevaluate their positions in energy companies like Northern Oil and Gas. The reduction in Allspring's holdings could signal broader market trends or portfolio adjustments, providing valuable insights for investors tracking the energy sector.