Northwest Bancshares Q2 2026 Portfolio Changes

According to the latest filing from Northwest Bancshares Inc. ("NWBS") for the period ending June 30, 2026, there were notable changes in its portfolio holdings during Q2 2026. The investor maintains a substantial position in SCHWAB STRATEGIC TR (FNDX), which decreased by approximately -13.4% (-532,386 shares) this quarter, representing about 19.27% of the total portfolio value.

Purchases This Quarter

Northwest Bancshares Inc. appears to have focused on adding more diversified holdings or adjusting exposure during Q2 2026:

• The investor increased its position in VANGUARD SCOTTSDALE FDS (VCSH) by +7.27% (+14,447 shares), contributing to a portfolio allocation of approximately 3.03%.
• There was also an increase in holdings for VANGUARD SCOTTSDALE FDS (VCIT) by +8.6% (+15,652 shares), now accounting for about 2.94% of the portfolio.

Additionally, while not part of the top holdings list, other changes indicate activity:

• The investor purchased ISHAES TR (HDV) in this quarter, adding a new holding with an allocation of about 0.18%.
• Northwest Bancshares Inc. also increased its stake in VANGUARD INDEX FDS (VUG) by approximately +482.84% (+16,967 shares), boosting its allocation to around 0.32%.

In terms of direct stock purchases, the filing shows:

• A significant increase in ZOETIS INC (ZTS) holdings by about +154.16% (+28,391 shares), now representing roughly 0.61%.
• An addition of CLOROX CO DEL (CLX) with an allocation increase to approximately 0.59%, reflecting a large purchase.
• The investor bought ISHAES TR (IWN), which increased by exactly +100% (+19,185 shares), now holding about 0.76%.

Sales This Quarter

The investor also divested some positions during Q2 2026:

• LAM RESEARCH CORP (LRCX) saw a substantial reduction, with shares decreasing by -20.88% (-9,978 shares), impacting its portfolio allocation.

This filing confirms several exits or reductions:

• The position in APPLE INC (AAPL) decreased slightly by about -1.61% (-523 shares).
• CISCO SYS INC (CSCO) experienced a reduction of approximately -12.3% (-11,064 shares), lowering its allocation.

Furthermore:

• The investor sold out TAIWAN SEMICONDUCTOR MANUFAC (TSM) entirely in this quarter.
• Northwest Bancshares Inc. also divested of UNITED PARCEL SVCS INC (UPS), reducing its stake by about -72.9% (-15,304 shares).

Sector Distribution Changes

The allocation across sectors has shifted slightly:

• The largest sector allocation remains "Unknown" at approximately 45.39%, unchanged from the previous period.
• Tech holdings, including APPLIED MATLS INC (AMAT), MICROSOFT CORP (MSFT), and CSCO, decreased collectively to about 15.24%.

The investor's portfolio now includes:

• Financial Services: holdings like PYPL, which decreased significantly by -48.24% (-33,399 shares), now representing about 0.28%.
• Healthcare: positions in GILD and SNY decreased slightly or moderately, while ZTS saw a large increase.
• Energy allocation dropped to about 5.07%, primarily due to the sale of HAL.