NORTHWEST BANCSHARES INC MD NWBI
COM · Common Stock · CUSIP 667340103
- SectorFinancials
- IndustryNational Commercial Banks
- HeadquartersWarren, PA
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($6.3m this quarter). Holder counts are more reliable. Shares outstanding: 146.2m as of 2025-07-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $12.78. Options: 5 managers hold calls ($1.3m notional), 3 hold puts ($234.6k).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 213 |
| Q4 2022 | 224 |
| Q1 2023 | 213 |
| Q2 2023 | 200 |
| Q3 2023 | 209 |
| Q4 2023 | 213 |
| Q1 2024 | 218 |
| Q2 2024 | 221 |
| Q3 2024 | 232 |
| Q4 2024 | 251 |
| Q1 2025 | 274 |
| Q2 2025 | 278 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 92 | 92 |
| Q4 2023 | 90 | 96 |
| Q1 2024 | 106 | 87 |
| Q2 2024 | 106 | 102 |
| Q3 2024 | 102 | 92 |
| Q4 2024 | 108 | 93 |
| Q1 2025 | 127 | 102 |
| Q2 2025 | 144 | 103 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $2.4m | $264.9k | 0.11 |
| Q4 2024 | $1.5m | $142.5k | 0.09 |
| Q1 2025 | $1.2m | $49.3k | 0.04 |
| Q2 2025 | $1.3m | $234.6k | 0.18 |
Biggest buyers
| Hillsdale Investment Management Inc. | New | +441.8k |
| Dana Investment Advisors, Inc. | New | +424.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +341.1k |
| Edgestream Partners, L.P. | Added | +290.9k |
| Nuveen, LLC | Added | +203.5k |
| Verition Fund Management LLC | Added | +202.5k |
| Thrivent Financial for Lutherans | Added | +188.1k |
| ROYAL BANK OF CANADA | Added | +185.2k |
| FMR LLC | Added | +179.7k |
| TUDOR INVESTMENT CORP ET AL | New | +156.2k |
Biggest sellers
| DIMENSIONAL FUND ADVISORS LP | Reduced | -479.8k |
| BlackRock, Inc. | Reduced | -366.0k |
| Invesco Ltd. | Reduced | -202.5k |
| Qube Research & Technologies Ltd | Reduced | -201.1k |
| GOLDMAN SACHS GROUP INC | Reduced | -171.2k |
| ExodusPoint Capital Management, LP | Sold out | -157.6k |
| D. E. Shaw & Co., Inc. | Reduced | -117.8k |
| AMERICAN CENTURY COMPANIES INC | Reduced | -107.8k |
| HRT FINANCIAL LP | Sold out | -103.4k |
| PICTON MAHONEY ASSET MANAGEMENT | Reduced | -92.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $780.9k61.1k shares |
| JANE STREET GROUP, LLC | Unchanged | $286.3k22.4k shares |
| GROUP ONE TRADING LLC | Added | $265.8k20.8k shares |
| SIMPLEX TRADING, LLC | New | $2.0k200 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SIMPLEX TRADING, LLC | New | $232.0k18.2k shares |
| GROUP ONE TRADING LLC | Added | $2.6k200 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| STATE STREET CORP 13G · institution new · filed 2026-08-07 | 7.4% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 6.1% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q2 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2023 | 3 | $176.6k | 1 | $1.0k | — |
| Q4 2023 | 1 | $150.1k | 1 | $74.2k | — |
| Q1 2024 | 1 | $64.5k | 0 | — | — |
| Q2 2024 | 3 | $266.1k | 2 | $60.5k | — |
| Q3 2024 | 1 | $99.3k | 2 | $295.0k | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 2 | $194.6k | 1 | $45.6k | — |
| Q2 2025 | 0 | — | 4 | $324.2k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-06 | Laws Richard K Chief Legal Counsel/Corp. Sec. | Sold | $111.5k9.0k shares |
| 2025-06-02 | Barnum Carey A. Chief Auditor | Sold | $1.1k92 shares |
| 2025-05-30 | Barnum Carey A. Chief Auditor | Sold | $2.8k230 shares |
| 2025-05-19 | Creal Thomas K IV Chief Credit Officer | Sold | $21.7k1.7k shares |
| 2025-05-13 | Chadsey Deborah J Esq. Director | Sold | $91.4k7.2k shares |
| 2025-05-12 | Laws Richard K Chief Legal Counsel/Corp. Sec. | Sold | $80.8k6.4k shares |
| 2025-05-01 | Barnum Carey A. Chief Auditor | Sold | $14.8k1.2k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 18.2m $233.0m | Reduced -366.0k |
| VANGUARD GROUP INC 0.00% of their portfolio | 14.6m $186.5m | Added +115.7k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 8.1m $103.2m | Reduced -479.8k |
| STATE STREET CORP 0.00% of their portfolio | 7.3m $93.0m | Added +102.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 5.3m $68.3m | Added +19.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 3.2m $40.4m | Added +3.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 2.9m $36.7m | Added +46.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.5m $18.6m | Added +20.1k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.4m $17.6m | Reduced -22.6k |
| Invesco Ltd. 0.00% of their portfolio | 1.4m $17.5m | Reduced -202.5k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 1.3m $17.2m | Reduced -107.8k |
| FMR LLC 0.00% of their portfolio | 999.9k $12.8m | Added +179.7k |
| MORGAN STANLEY 0.00% of their portfolio | 986.6k $12.6m | Added +31.3k |
| Nuveen, LLC 0.00% of their portfolio | 929.0k $11.9m | Added +203.5k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 819.3k $10.5m | Added +129.5k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 807.3k $10.3m | Added +104.4k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.22% of their portfolio | 721.0k $9.2m | Added +19.8k |
| PANAGORA ASSET MANAGEMENT INC 0.04% of their portfolio | 687.8k $8.8m | Added +247 |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 684.2k $8.7m | Reduced -201.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 633.3k $8.1m | Reduced -1.7k |
| Verition Fund Management LLC 0.05% of their portfolio | 629.9k $8.1m | Added +202.5k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 512.7k $6.6m | Reduced -70.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 483.3k $6.2m | Added +341.1k |
| Hillsdale Investment Management Inc. 0.21% of their portfolio | 441.8k $5.6m | New |
| Public Sector Pension Investment Board 0.02% of their portfolio | 435.5k $5.6m | Added +31.1k |
| Dana Investment Advisors, Inc. 0.18% of their portfolio | 424.3k $5.4m | New |
| Edgestream Partners, L.P. 0.15% of their portfolio | 423.8k $5.4m | Added +290.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 421.3k $5.4m | Added +128.8k |
| JOHNSON INVESTMENT COUNSEL INC 0.05% of their portfolio | 419.6k $5.4m | Reduced -333 |
| UBS Group AG 0.00% of their portfolio | 414.5k $5.3m | Added +143.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio | 403.4k $5.2m | Added +42.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 397.4k $5.1m | Reduced -86.6k |
| Empowered Funds, LLC 0.06% of their portfolio | 383.3k $4.9m | Added +19.8k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 382.0k $4.9m | Added +8.6k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 371.8k $4.8m | Added +188.1k |
| Legal & General Group Plc 0.00% of their portfolio | 342.1k $4.4m | Added +1.9k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 322.3k $4.1m | Added +40.1k |
| LPL Financial LLC 0.00% of their portfolio | 307.5k $3.9m | Added +83.0k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 304.3k $3.9m | Added +103.0k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 300.4k $3.8m | Reduced -1.4k |
| BARCLAYS PLC 0.00% of their portfolio | 284.3k $3.6m | Added +87.1k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 278.3k $3.6m | Added +75.2k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 264.6k $3.4m | Added +185.2k |
| MARTINGALE ASSET MANAGEMENT L P 0.08% of their portfolio | 261.1k $3.3m | Added +126.7k |
| Swiss National Bank 0.00% of their portfolio | 243.6k $3.1m | Reduced -3.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 240.4k $3.1m | Reduced -13.1k |
| Northwest Bancshares, Inc. 0.53% of their portfolio | 237.0k $3.0m | Reduced -23.5k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 236.5k $3.0m | Reduced -171.2k |
| Brandywine Global Investment Management, LLC 0.02% of their portfolio | 226.3k $2.9m | Reduced -9.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 202.7k $2.6m | Reduced -9.0k |
| CITIGROUP INC 0.00% of their portfolio | 195.7k $2.5m | Reduced -43.8k |
| Intrepid Financial Planning Group LLC 1.04% of their portfolio | 194.2k $2.5m | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 180.5k $2.3m | Reduced -30.7k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 173.1k $2.2m | Reduced -40.8k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 162.6k $2.1m | Added +10.1k |
| TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio | 156.2k $2.0m | New |
| LSV ASSET MANAGEMENT 0.00% of their portfolio | 155.6k $2.0m | Unchanged |
| Versor Investments LP 0.35% of their portfolio | 155.4k $2.0m | Added +49.8k |
| Sequoia Financial Advisors, LLC 0.01% of their portfolio | 155.0k $2.0m | Added +258 |
| INTECH INVESTMENT MANAGEMENT LLC 0.02% of their portfolio | 147.3k $1.9m | Reduced -21.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 146.3k $1.9m | Added +14.5k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 140.2k $1.8m | Reduced -4.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 123.1k $1.6m | Added +7.2k |
| Walleye Capital LLC 0.01% of their portfolio | 121.8k $1.6m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 117.7k $1.5m | Added +2.2k |
| Rafferty Asset Management, LLC 0.00% of their portfolio | 117.1k $1.5m | Added +12.2k |
| Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio | 116.2k $1.5m | Added +12.4k |
| IEQ CAPITAL, LLC 0.01% of their portfolio | 106.4k $1.4m | Added +17.8k |
| ST GERMAIN D J CO INC 0.06% of their portfolio | 102.1k $1.3m | Reduced -1.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 101.7k $1.3m | Added +15.4k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 91.1k $1.2m | Added +15.7k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 88.9k $1.1m | Reduced -9.0k |
| Y-Intercept (Hong Kong) Ltd 0.03% of their portfolio | 85.5k $1.1m | Added +3.3k |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 84.1k $1.1m | Reduced -31.9k |
| Wakefield Asset Management LLLP 0.30% of their portfolio | 82.7k $1.1m | New |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 81.1k $1.0m | Reduced -3.7k |
| State of Tennessee, Department of Treasury 0.00% of their portfolio | 80.8k $1.0m | Added +49.5k |
| NewEdge Advisors, LLC 0.01% of their portfolio | 80.6k $1.0m | Reduced -132 |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.02% of their portfolio | 77.7k $993.3k | Unchanged |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 76.1k $971.0k | Added +5.4k |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 75.7k $967.4k | Added +21.3k |
| MetLife Investment Management, LLC 0.01% of their portfolio | 75.6k $965.6k | Added +3.8k |
| Jentner Corp 0.26% of their portfolio | 75.0k $958.5k | Reduced -5.0k |
| COMERICA BANK 0.00% of their portfolio | 72.2k $923.1k | Added +10.1k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 70.0k $894.0k | Reduced -6.2k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 67.9k $867.8k | New |
| Illinois Municipal Retirement Fund 0.01% of their portfolio | 67.5k $863.1k | Reduced -642 |
| &PARTNERS 0.01% of their portfolio | 67.5k $862.1k | Added +50.6k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.00% of their portfolio | 62.0k $792.3k | Reduced -4.2k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 60.6k $774.1k | Reduced -2.0k |
| Louisiana State Employees Retirement System 0.01% of their portfolio | 59.7k $763.0k | Reduced -400 |
| AlphaQuest LLC 0.07% of their portfolio | 59.5k $759.8k | Added +25.7k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 52.5k $671.2k | Unchanged |
| Elo Mutual Pension Insurance Co 0.01% of their portfolio | 51.4k $657.4k | Added +17.0k |
| Hennion & Walsh Asset Management, Inc. 0.03% of their portfolio | 51.3k $655.3k | Added +9.5k |
| YOUSIF CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 47.7k $609.6k | Added +94 |
| Ensign Peak Advisors, Inc 0.00% of their portfolio | 47.1k $602.1k | Reduced -17.2k |
| Ancora Advisors LLC 0.01% of their portfolio | 46.5k $594.4k | Unchanged |
| Atria Wealth Solutions, Inc. 0.01% of their portfolio | 42.8k $577.4k | Added +30.3k |
| Mariner, LLC 0.00% of their portfolio | 39.3k $502.8k | Reduced -2.7k |