Northwest Bancshares, Inc. - Form 13F Information Table Summary
Business Context and Reporting Period
This filing is a Form 13F Information Table submitted by Northwest Bancshares, Inc. for the reporting period ending September 30, 2025. The document discloses the company's holdings in equity securities, including common stocks and exchange-traded funds (ETFs), as required by the Securities and Exchange Commission. It does not contain financial performance data for Northwest Bancshares itself, but rather details its investment portfolio.
Key Financial Metrics and Portfolio Composition
The filing lists specific holdings by issuer, class, CUSIP, value, and share count. Key portfolio characteristics include:
- Top Equity Holdings by Value: Significant positions are held in major technology and financial firms, including Apple Inc. ($15.3M), Microsoft Corp. ($16.8M), Alphabet Inc. (Class A and C combined ~$7.4M), Amazon.com Inc. ($1.2M), and JPMorgan Chase & Co. ($9.0M).
- ETF Exposure: The portfolio includes substantial allocations to passive index funds, such as Vanguard Short-Term Corporate Bond ($29.0M), Schwab Fundamental US Large ($153.3M), and iShares 20 Year Treasury Bond ($24.6M).
- Self-Holding: Northwest Bancshares holds 237,415 shares of its own common stock (CUSIP 667340103) valued at approximately $2.94 million.
- Voting Authority: The majority of holdings are reported under "Sole" voting authority, with specific "Shared" or "None" designations noted for certain positions (e.g., Alphabet Class A, Cisco Systems).
Material Changes and Comparisons
The filing text does not provide a clear value for material changes compared to the prior comparable period. Form 13F tables typically list current holdings without explicitly stating the delta from the previous quarter within the text body provided. Analysis of changes would require comparing this dataset against the previous quarter's filing.
Guidance, Outlook, and Risks
The filing text does not provide a clear value regarding management commentary, future guidance, or specific risk factors. As a statutory disclosure of holdings, Form 13F does not include narrative sections on outlook or contingencies. The standard SEC disclaimer notes that the Commission has not reviewed the information for accuracy or completeness.
Investor Verification Checklist
- Verify the total aggregate value of the portfolio by summing the "Value" column to assess total asset exposure.
- Confirm the concentration risk by calculating the percentage of the portfolio held in the top 10 issuers (e.g., Schwab, Vanguard, Apple, Microsoft).
- Review the "Shared" and "None" voting authority columns to understand the extent of third-party management or restricted voting rights on specific positions.
- Compare the current holdings against the Q2 2025 filing to identify significant buy/sell activity.
- Validate the self-holding position (237,415 shares) against the company's treasury stock records.