Northwest Bancshares, Inc.

Other Low signal CIK 1471265
League rank
#646
in Other · #2253 overall
Long book
$502.4M
Q1 2026
Positions
168
Top-10 weight
43%
concentration
Last quarter
+13.6%
SPY +14.8%
Turnover
8%
of book per quarter

Strategy in plain words

auto-generated from filings

Northwest Bancshares, Inc. is an institutional manager, running a $502.4M US long book across 168 positions.

The portfolio is moderately concentrated (top 10 ≈ 43% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: SCHWAB FNDMNTL US LRG CO ETF, VANGUARD S/T CORP BOND ETF, VANGUARD INT-TERM CORPORATE, ISHARES CORE S&P 500 ETF, APPLE INC.

Over the last 9 quarters its long book ran on average 0.4pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+0.2%
Q2 2024
+5.6%
Q3 2024
-1.8%
Q4 2024
-0.5%
Q1 2025
+4.8%
Q2 2025
+7.8%
Q3 2025
+4.3%
Q4 2025
+2.6%
Q1 2026
+13.6%

Sector allocation

Technology
25%
Financials
17%
Industrials
12%
Energy
11%
Healthcare
10%
Consumer discretionary
8%
Other
7%
Consumer staples
5%

Long book by quarter

$633.8M
Q1 2024
$587.1M
Q2 2024
$587.1M
Q3 2024
$540.2M
Q4 2024
$544.2M
Q1 2025
$573.7M
Q2 2025
$602.2M
Q3 2025
$517.5M
Q4 2025
$502.4M
Q1 2026

What does Northwest Bancshares, own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology53.4K$13.6M2.7%-3.1%
MSFT MICROSOFT CORPTechnology29.5K$10.9M2.2%+2.2%
LRCX LAM RESEARCH CORPIndustrials47.8K$10.2M2.0%-10.9%
XOM EXXON MOBIL CORPEnergy57.2K$9.7M1.9%-2.8%
WMT WALMART INCConsumer discretionary69.2K$8.6M1.7%-8.6%
AMAT APPLIED MATERIALS INCTechnology25.0K$8.5M1.7%-9.9%
JPM JPMORGAN CHASE & COFinancials25.0K$7.3M1.5%-0.6%
CSCO CISCO SYSTEMS INCTechnology89.9K$7.0M1.4%-3.1%
LMT LOCKHEED MARTIN CORPIndustrials11.3K$6.8M1.4%-4.8%
GOOGL ALPHABET INC-CL ATechnology23.8K$6.8M1.4%-4.6%
CVX CHEVRON CORPEnergy32.6K$6.8M1.3%-3.2%
MRK MERCK & CO. INC.Healthcare55.6K$6.7M1.3%-4.9%
VLO VALERO ENERGY CORPEnergy26.4K$6.5M1.3%-3.7%
KO COCA-COLA CO/THEConsumer staples83.5K$6.4M1.3%-1.2%
CMI CUMMINS INCIndustrials11.8K$6.3M1.3%-5.8%
BMO BANK OF MONTREALFinancials41.7K$5.6M1.1%-2.6%
HAL HALLIBURTON COEnergy136.5K$5.3M1.1%-3.4%
CB CHUBB LTDFinancials16.1K$5.2M1.0%+0.8%
ALL ALLSTATE CORPFinancials25.3K$5.2M1.0%-8.5%
INCY INCYTE CORPHealthcare54.3K$5.1M1.0%-2.1%
VRTX VERTEX PHARMACEUTICALS INCHealthcare10.4K$4.7M0.9%-2.0%
CPW CHECK POINT SOFTWARE TECH32.5K$4.6M0.9%+4.7%
MS MORGAN STANLEYFinancials27.8K$4.6M0.9%-1.9%
GOOG ALPHABET INC-CL CTechnology15.7K$4.5M0.9%-2.2%
PEP PEPSICO INCConsumer staples28.8K$4.5M0.9%+2.7%
HD HOME DEPOT INCConsumer discretionary13.1K$4.3M0.9%-17.5%
AZO AUTOZONE INCConsumer discretionary1.2K$4.1M0.8%+3.1%
CROX CROCS INCOther45.4K$3.8M0.8%+0.3%
NVDA NVIDIA CORPTechnology21.1K$3.7M0.7%+0.3%
IBKR INTERACTIVE BROKERS GRO-CL AFinancials54.7K$3.7M0.7%+1.4%
PG PROCTER & GAMBLE CO/THEOther22.7K$3.3M0.7%-43.1%
PYPL PAYPAL HOLDINGS INCServices media69.2K$3.1M0.6%+24.0%
NWBI NORTHWEST BANCSHARES INCFinancials239.7K$3.0M0.6%+0.8%
ADBE ADOBE INCTechnology12.1K$3.0M0.6%+17.0%
LNG CHENIERE ENERGY INCUtilities9.7K$2.8M0.5%New
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials5.3K$2.5M0.5%Held
LULU LULULEMON ATHLETICA INCOther15.4K$2.4M0.5%+96.3%
LLY ELI LILLY & COHealthcare2.6K$2.3M0.5%-2.5%
JNJ JOHNSON & JOHNSONHealthcare9.5K$2.3M0.5%-0.6%
MU MICRON TECHNOLOGY INCTechnology6.5K$2.2M0.4%-18.2%
ZTS ZOETIS INCHealthcare18.4K$2.2M0.4%New
UPS UNITED PARCEL SERVICE-CL BIndustrials21.6K$2.1M0.4%-46.7%
LOW LOWE'S COS INCConsumer discretionary7.9K$1.9M0.4%-0.2%
V VISA INC-CLASS A SHARESServices media5.9K$1.8M0.4%-0.7%
KLAC KLA CORPOther1.0K$1.5M0.3%-4.5%
IBM INTL BUSINESS MACHINES CORPTechnology5.8K$1.4M0.3%-0.7%
AVGO BROADCOM INCTechnology4.3K$1.3M0.3%-2.9%
WM WASTE MANAGEMENT INCUtilities5.4K$1.3M0.2%-3.6%
EMR EMERSON ELECTRIC COIndustrials9.4K$1.2M0.2%-2.0%
AMZN AMAZON.COM INCConsumer discretionary5.8K$1.2M0.2%-1.7%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 12, 2026219$502.4M canonicalSEC ↗
Q4 202513F-HRFeb 13, 2026227$517.5M canonicalSEC ↗
Q3 202513F-HRNov 14, 2025221$602.2M canonicalSEC ↗
Q2 202513F-HRAug 7, 2025225$573.7M canonicalSEC ↗
Q1 202513F-HRMay 7, 2025221$544.2M canonicalSEC ↗
Q4 202413F-HRFeb 12, 2025215$540.2M canonicalSEC ↗
Q3 202413F-HRNov 8, 2024224$587.1M canonicalSEC ↗
Q2 202413F-HRAug 8, 2024244$587.1M canonicalSEC ↗
Q1 202413F-HRApr 26, 2024266$633.8M canonicalSEC ↗