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 ($3.9m this quarter). Holder counts are more reliable. Shares outstanding: 146.3m as of 2026-04-30, 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 ≈ $12.69. Options: 4 managers hold calls ($2.1m notional), 2 hold puts ($59.6k).
Trends to Q1 2026
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 |
| Q3 2025 | 292 |
| Q4 2025 | 301 |
| Q1 2026 | 308 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 106 | 102 |
| Q3 2024 | 102 | 92 |
| Q4 2024 | 108 | 93 |
| Q1 2025 | 127 | 102 |
| Q2 2025 | 144 | 103 |
| Q3 2025 | 177 | 94 |
| Q4 2025 | 133 | 132 |
| Q1 2026 | 151 | 122 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $1.3m | $234.6k | 0.18 |
| Q3 2025 | $300.6k | $249.8k | 0.83 |
| Q4 2025 | $240.0k | $223.2k | 0.93 |
| Q1 2026 | $2.1m | $59.6k | 0.03 |
Biggest buyers
| FIRST TRUST ADVISORS LP | Added | +3.2m |
| GLENMEDE TRUST CO NA | New | +871.1k |
| STATE STREET CORP | Added | +589.6k |
| Rhino Investment Partners, Inc | New | +519.7k |
| BANK OF AMERICA CORP /DE/ | Added | +484.9k |
| TWO SIGMA INVESTMENTS, LP | Added | +475.4k |
| DIMENSIONAL FUND ADVISORS LP | Added | +427.1k |
| Balyasny Asset Management L.P. | Added | +329.9k |
| BlackRock, Inc. | Added | +319.6k |
| Empowered Funds, LLC | New | +295.3k |
Biggest sellers
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Reduced | -4.3m |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | Reduced | -623.3k |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -424.8k |
| Verition Fund Management LLC | Reduced | -318.0k |
| Nuveen, LLC | Reduced | -284.8k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -246.8k |
| ExodusPoint Capital Management, LP | Reduced | -208.3k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Sold out | -178.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -138.3k |
| Mirae Asset Global Investments Co., Ltd. | Sold out | -132.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $1.6m123.4k shares |
| CITADEL ADVISORS LLC | Added | $318.5k25.1k shares |
| JANE STREET GROUP, LLC | New | $138.3k10.9k shares |
| GROUP ONE TRADING LLC | Added | $97.7k7.7k shares |
Biggest puts
| GROUP ONE TRADING LLC | New | $57.1k4.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.5k200 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 Q1 2026
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 |
|---|---|---|---|---|---|
| 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 | — |
| Q3 2025 | 2 | $157.2k | 0 | — | — |
| Q4 2025 | 6 | $131.5k | 0 | — | — |
| Q1 2026 | 2 | $67.8k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-03-06 | Torchio Louis J President & CEO, director | Bought | $42.6k3.5k shares |
| 2026-01-29 | CAMPANA ROBERT M Director | Bought | $25.2k2.0k 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, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 20.9m $264.9m | Added +319.6k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 9.0m $114.7m | Added +427.1k |
| STATE STREET CORP 0.00% of their portfolio | 8.9m $113.0m | Added +589.6k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 8.9m $112.4m | First filing |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 6.5m $82.5m | First filing |
| FIRST TRUST ADVISORS LP 0.04% of their portfolio | 4.2m $53.8m | Added +3.2m |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 3.8m $47.8m | Added +163.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 2.3m $28.6m | Reduced -424.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.9m $24.4m | Reduced -4.3m |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.5m $19.7m | Reduced -39.3k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.5m $19.2m | Reduced -66.9k |
| FMR LLC 0.00% of their portfolio | 1.4m $18.2m | Reduced -45.1k |
| MORGAN STANLEY 0.00% of their portfolio | 1.4m $17.9m | Added +28.9k |
| Invesco Ltd. 0.00% of their portfolio | 1.4m $17.5m | Added +30.7k |
| UBS Group AG 0.00% of their portfolio | 1.3m $16.7m | Added +251.4k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 1.2m $14.7m | Reduced -11.5k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 951.8k $12.1m | Added +174.1k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 942.0k $12.0m | First filing |
| GLENMEDE TRUST CO NA 0.05% of their portfolio | 871.1k $11.1m | New |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 852.9k $10.8m | Added +475.4k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 737.4k $9.4m | Reduced -246.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 735.5k $9.3m | Added +484.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 710.1k $9.0m | Added +13.9k |
| Edgestream Partners, L.P. 0.26% of their portfolio | 614.4k $7.8m | Added +61.9k |
| LPL Financial LLC 0.00% of their portfolio | 530.0k $6.7m | Added +17.0k |
| Public Sector Pension Investment Board 0.02% of their portfolio | 522.8k $6.6m | Added +17.1k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 521.0k $6.6m | Added +26.0k |
| Rhino Investment Partners, Inc 1.84% of their portfolio | 519.7k $6.6m | New |
| Dana Investment Advisors, Inc. 0.20% of their portfolio | 518.7k $6.6m | Reduced -1.2k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 509.5k $6.5m | Added +157.3k |
| JOHNSON INVESTMENT COUNSEL INC 0.04% of their portfolio | 419.6k $5.3m | Unchanged |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 417.2k $5.3m | Added +181.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 410.9k $5.2m | Reduced -22.4k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 402.2k $5.1m | Added +3.5k |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 347.7k $4.4m | Added +329.9k |
| Legal & General Group Plc 0.00% of their portfolio | 344.2k $4.4m | Reduced -25.4k |
| Nuveen, LLC 0.00% of their portfolio | 309.0k $3.9m | Reduced -284.8k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.08% of their portfolio | 295.3k $3.7m | Reduced -623.3k |
| Empowered Funds, LLC 0.02% of their portfolio | 295.3k $3.7m | New |
| Schonfeld Strategic Advisors LLC 0.03% of their portfolio | 292.1k $3.7m | New |
| Swiss National Bank 0.00% of their portfolio | 288.2k $3.7m | Unchanged |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 288.0k $3.7m | Added +207.1k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 260.9k $3.3m | Reduced -14.0k |
| Northwest Bancshares, Inc. 0.61% of their portfolio | 239.7k $3.0m | Added +1.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 229.8k $2.9m | Reduced -22.9k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.10% of their portfolio | 216.1k $2.7m | Added +57.8k |
| Verition Fund Management LLC 0.03% of their portfolio | 210.1k $2.7m | Reduced -318.0k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 207.0k $2.6m | Reduced -123.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 200.7k $2.5m | Reduced -138.3k |
| Intrepid Financial Planning Group LLC 0.94% of their portfolio | 183.6k $2.3m | Reduced -4.1k |
| Y-Intercept (Hong Kong) Ltd 0.04% of their portfolio | 179.9k $2.3m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 176.2k $2.2m | Added +24.2k |
| Sequoia Financial Advisors, LLC 0.01% of their portfolio | 174.7k $2.2m | Reduced -329 |
| Hudock, Inc. 0.32% of their portfolio | 172.0k $2.2m | Reduced -13.7k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 166.6k $2.1m | Reduced -5.2k |
| BARCLAYS PLC 0.00% of their portfolio | 160.3k $2.0m | Reduced -127.2k |
| LSV ASSET MANAGEMENT 0.00% of their portfolio | 155.6k $2.0m | Unchanged |
| Cetera Investment Advisers 0.00% of their portfolio | 152.3k $1.9m | Reduced -3.0k |
| BAYVIEW ASSET MANAGEMENT, LLC 1.61% of their portfolio | 152.0k $1.9m | Added +62.0k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 149.4k $1.9m | Added +11.0k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 142.4k $1.8m | Added +4.5k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 137.6k $1.7m | Added +19.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 136.2k $1.7m | Reduced -1.1k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 136.1k $1.7m | Reduced -4.7k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 136.1k $1.6m | Reduced -16.2k |
| CITIGROUP INC 0.00% of their portfolio | 122.5k $1.6m | Reduced -4.7k |
| Weiss Asset Management LP 0.03% of their portfolio | 119.1k $1.5m | Not comparable |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 118.9k $1.5m | First filing |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 115.6k $1.5m | New |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 115.0k $1.5m | New |
| Merit Financial Group, LLC 0.01% of their portfolio | 114.4k $1.5m | Reduced -1.5k |
| Quantinno Capital Management LP 0.00% of their portfolio | 104.4k $1.3m | Added +18.7k |
| LAWOOD & CO 1.21% of their portfolio | 102.9k $1.3m | Reduced -14.1k |
| Rafferty Asset Management, LLC 0.01% of their portfolio | 101.8k $1.3m | Reduced -17.9k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 100.5k $1.3m | Added +5.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 99.2k $1.3m | Added +80.2k |
| KINTRA WEALTH, LLC 0.09% of their portfolio | 98.9k $1.3m | Added +62.1k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio | 98.3k $1.2m | Reduced -61.5k |
| Engineers Gate Manager LP 0.01% of their portfolio | 94.5k $1.2m | Added +27.5k |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 93.9k $1.2m | New |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 93.3k $1.2m | First filing |
| ST GERMAIN D J CO INC 0.05% of their portfolio | 93.1k $1.2m | Reduced -4.3k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.02% of their portfolio | 86.5k $1.1m | Added +658 |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 86.0k $1.1m | Added +16.0k |
| Mariner, LLC 0.00% of their portfolio | 83.9k $1.1m | Added +21.0k |
| &PARTNERS 0.01% of their portfolio | 82.9k $1.1m | Added +633 |
| NewEdge Advisors, LLC 0.00% of their portfolio | 80.6k $1.0m | Unchanged |
| Trexquant Investment LP 0.01% of their portfolio | 80.1k $1.0m | New |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 79.1k $1.0m | Added +31.9k |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 77.9k $988.0k | Reduced -1.6k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 77.0k $976.7k | Reduced -1.5k |
| Illinois Municipal Retirement Fund 0.01% of their portfolio | 76.3k $968.5k | Added +1.4k |
| Numerai GP LLC 0.09% of their portfolio | 72.5k $920.4k | Reduced -93.3k |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 69.1k $876.4k | Added +5.9k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 68.1k $864.4k | Added +641 |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 67.6k $858.1k | Added +66.9k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 66.8k $848.1k | Reduced -115.5k |
| Louisiana State Employees Retirement System 0.01% of their portfolio | 64.8k $822.3k | Reduced -2.1k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 64.7k $820.5k | Added +2.2k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 63.7k $807.1k | Reduced -32.2k |