Northwest Bancshares 13F annual report
Northwest Bancshares is an investment fund managing more than $587 billion ran by Allen Nuttall. There are currently 156 companies in Mr. Nuttall’s portfolio. The largest investments include Schwab Strategic Tr and Vanguard Scottsdale Fds, together worth $173 billion.
$587 billion Assets Under Management (AUM)
As of 1st August 2024, Northwest Bancshares’s top holding is 2,099,479 shares of Schwab Strategic Tr currently worth over $141 billion and making up 24.0% of the portfolio value.
In addition, the fund holds 422,557 shares of Vanguard Scottsdale Fds worth $32.7 billion.
The third-largest holding is Microsoft worth $18.8 billion and the next is Apple Inc worth $16.2 billion, with 77,091 shares owned.
Currently, Northwest Bancshares's portfolio is worth at least $587 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Northwest Bancshares
The Northwest Bancshares office and employees reside in Warren, Pennsylvania. According to the last 13-F report filed with the SEC, Allen Nuttall serves as the Regional SVP and Trust Operations Manager at Northwest Bancshares.
Recent trades
In the most recent 13F filing, Northwest Bancshares revealed that it had opened a new position in
Incyte and bought 71,915 shares worth $4.36 billion.
This means they effectively own approximately 0.1% of the company.
Incyte makes up
15.3%
of the fund's Health Care sector allocation and has decreased its share price by 6.6% in the past year.
The investment fund also strengthened its position in Schwab Strategic Tr by buying
14,839 additional shares.
This makes their stake in Schwab Strategic Tr total 2,099,479 shares worth $141 billion.
On the other hand, there are companies that Northwest Bancshares is getting rid of from its portfolio.
Northwest Bancshares closed its position in Cencora on 8th August 2024.
It sold the previously owned 28,504 shares for $6.93 billion.
Allen Nuttall also disclosed a decreased stake in Vanguard Scottsdale Fds by approximately 0.1%.
This leaves the value of the investment at $32.7 billion and 422,557 shares.
One of the average hedge funds
The two most similar investment funds to Northwest Bancshares are Oak Harvest Investment Services and Hartline Investment Corp/. They manage $587 billion and $587 billion respectively.
Allen Nuttall investment strategy
Northwest Bancshares’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 9.5% of
the total portfolio value.
The fund focuses on investments in the United States as
57.7% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
59% of the total holdings value.
On the other hand, small-cap stocks make up only 1.9% of the portfolio.
The average market cap of the portfolio companies is close to $182 billion.
The complete list of Northwest Bancshares trades based on 13F SEC filings
These positions were updated on August 8th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Schwab Strategic Tr |
0.71%
2,099,479
|
$140,623,104,000 | 23.95% |
| Vanguard Scottsdale Fds |
0.13%
422,557
|
$32,653,094,000 | 5.56% |
| Microsoft Corporation |
5.67%
42,078
|
$18,806,763,000 | 3.20% |
| Apple Inc |
3.27%
77,091
|
$16,236,906,000 | 2.77% |
| Ishares Tr |
4.48%
312,913
|
$29,274,468,000 | 4.99% |
| Walmart Inc |
7.33%
133,875
|
$9,064,676,000 | 1.54% |
| Applied Matls Inc |
8.96%
37,933
|
$8,951,809,000 | 1.52% |
| Exxon Mobil Corp. |
15.91%
74,960
|
$8,629,396,000 | 1.47% |
| Lam Research Corp. |
7.49%
8,004
|
$8,523,059,000 | 1.45% |
| Procter And Gamble Co |
0.62%
51,638
|
$8,516,139,000 | 1.45% |
| JPMorgan Chase & Co. |
7.96%
41,987
|
$8,492,290,000 | 1.45% |
| Home Depot, Inc. |
2.16%
24,666
|
$8,491,024,000 | 1.45% |
| Taiwan Semiconductor Mfg Ltd |
12.10%
45,856
|
$7,970,231,000 | 1.36% |
| Check Point Software Tech Lt |
0.34%
48,084
|
$7,933,860,000 | 1.35% |
| Booz Allen Hamilton Hldg Cor |
5.85%
51,333
|
$7,900,149,000 | 1.35% |
| Lockheed Martin Corp. |
2.72%
16,831
|
$7,861,761,000 | 1.34% |
| Merck & Co Inc |
4.03%
62,889
|
$7,785,658,000 | 1.33% |
| Alphabet Inc |
8.47%
61,134
|
$11,159,152,000 | 1.90% |
| Coca-Cola Co |
1.08%
117,403
|
$7,472,701,000 | 1.27% |
| Vertex Pharmaceuticals, Inc. |
3.46%
15,808
|
$7,409,526,000 | 1.26% |
| Cisco Sys Inc |
6.30%
155,861
|
$7,404,956,000 | 1.26% |
| Chevron Corp. |
4.00%
44,487
|
$6,958,657,000 | 1.19% |
| Cencora Inc. |
Closed
28,504
|
$6,926,187,000 | |
| Crocs Inc |
13.46%
46,780
|
$6,827,073,000 | 1.16% |
| Allstate Corp (The) |
4.60%
42,028
|
$6,710,190,000 | 1.14% |
| Cummins Inc. |
4.83%
23,387
|
$6,476,562,000 | 1.10% |
| Travelers Companies Inc. |
Closed
27,983
|
$6,440,008,000 | |
| Autozone Inc. |
2.97%
2,125
|
$6,298,712,000 | 1.07% |
| West Pharmaceutical Svsc Inc |
12.57%
18,599
|
$6,126,325,000 | 1.04% |
| Bank Montreal Que |
2.32%
72,973
|
$6,118,786,000 | 1.04% |
| Pimco Equity Ser |
19.54%
172,753
|
$6,087,660,000 | 1.04% |
| Chubb Limited |
6.38%
23,582
|
$6,015,297,000 | 1.02% |
| Tractor Supply Co. |
7.89%
22,163
|
$5,984,010,000 | 1.02% |
| D.R. Horton Inc. |
1.35%
41,337
|
$5,825,623,000 | 0.99% |
| Valero Energy Corp. |
5.78%
37,103
|
$5,816,266,000 | 0.99% |
| Public Storage Oper Co |
0.61%
20,048
|
$5,766,807,000 | 0.98% |
| United Parcel Service, Inc. |
4.63%
40,133
|
$5,492,201,000 | 0.94% |
| Cognizant Technology Solutio |
5.78%
76,547
|
$5,205,196,000 | 0.89% |
| Dollar Gen Corp New |
3.68%
38,838
|
$5,135,549,000 | 0.87% |
| Cleveland-Cliffs Inc |
11.04%
330,266
|
$5,082,794,000 | 0.87% |
| Vale S.A. |
Closed
403,047
|
$4,913,143,000 | |
| Diageo plc |
11.91%
36,840
|
$4,644,787,000 | 0.79% |
| Eli Lilly & Co |
12.51%
5,113
|
$4,629,208,000 | 0.79% |
| Incyte Corp. |
Opened
71,915
|
$4,359,487,000 | 0.74% |
| Toyota Motor Corporation |
2,433.09%
20,442
|
$4,189,997,000 | 0.71% |
| Spdr S&p 500 Etf Tr |
0.94%
7,040
|
$3,831,309,000 | 0.65% |
| Northwest Bancshares Inc Md |
3.39%
292,082
|
$3,373,547,000 | 0.57% |
| Global X Fds |
8.26%
43,477
|
$2,843,396,000 | 0.48% |
| NVIDIA Corp |
638.85%
20,215
|
$2,497,361,000 | 0.43% |
| Berkshire Hathaway Inc. |
0.08%
6,079
|
$2,472,937,000 | 0.42% |
| Snap-on, Inc. |
63.47%
9,256
|
$2,419,426,000 | 0.41% |
| Invesco Exch Trd Slf Idx Fd |
3.43%
220,055
|
$5,024,175,000 | 0.86% |
| Invesco Exchange Traded Fd T |
0.38%
62,009
|
$2,697,996,000 | 0.46% |
| Lowes Cos Inc |
0.34%
9,675
|
$2,132,951,000 | 0.36% |
| Visa Inc |
12.48%
8,062
|
$2,116,033,000 | 0.36% |
| Spdr S&p Midcap 400 Etf Tr |
1.44%
3,419
|
$1,829,439,000 | 0.31% |
| Johnson & Johnson |
1.23%
12,027
|
$1,757,866,000 | 0.30% |
| Eaton Corp Plc |
2.75%
5,013
|
$1,571,826,000 | 0.27% |
| Spdr Ser Tr |
1.27%
43,830
|
$1,811,877,000 | 0.31% |
| Target Corp |
Closed
8,573
|
$1,519,221,000 | |
| Waste Mgmt Inc Del |
0.16%
7,053
|
$1,504,688,000 | 0.26% |
| KLA Corp. |
0.67%
1,774
|
$1,462,681,000 | 0.25% |
| Vanguard Index Fds |
2.72%
21,422
|
$4,346,135,000 | 0.74% |
| Disney Walt Co |
73.81%
14,038
|
$1,393,833,000 | 0.24% |
| Pepsico Inc |
13.34%
8,286
|
$1,366,610,000 | 0.23% |
| Emerson Elec Co |
14.42%
11,172
|
$1,230,708,000 | 0.21% |
| International Business Machs |
4.69%
6,951
|
$1,202,176,000 | 0.20% |
| Amazon.com Inc. |
16.71%
6,054
|
$1,169,936,000 | 0.20% |
| Bhp Group Ltd |
2.19%
19,719
|
$1,125,757,000 | 0.19% |
| Unitedhealth Group Inc |
0.27%
2,196
|
$1,118,335,000 | 0.19% |
| Vanguard Specialized Funds |
No change
5,822
|
$1,062,806,000 | 0.18% |
| Abbvie Inc |
6.10%
6,157
|
$1,056,049,000 | 0.18% |
| Philip Morris International Inc |
9.76%
10,161
|
$1,029,614,000 | 0.18% |
| Meta Platforms Inc |
12.27%
2,023
|
$1,020,037,000 | 0.17% |
| Broadcom Inc |
5.29%
627
|
$1,006,667,000 | 0.17% |
| Pfizer Inc. |
6.81%
35,465
|
$992,311,000 | 0.17% |
| Ishares Inc |
2.18%
17,786
|
$952,085,000 | 0.16% |
| Pnc Finl Svcs Group Inc |
23.33%
6,044
|
$939,721,000 | 0.16% |
| Mcdonalds Corp |
16.25%
3,670
|
$935,263,000 | 0.16% |
| Micron Technology Inc. |
No change
7,008
|
$921,762,000 | 0.16% |
| Ishares Tr |
Closed
29,068
|
$2,487,040,000 | |
| Danaher Corp. |
0.24%
3,329
|
$831,751,000 | 0.14% |
| RTX Corp |
Closed
8,245
|
$804,135,000 | |
| Qualcomm, Inc. |
No change
3,998
|
$796,322,000 | 0.14% |
| Abbott Labs |
5.05%
7,525
|
$781,923,000 | 0.13% |
| Duke Energy Corp. |
2.27%
7,762
|
$777,985,000 | 0.13% |
| Sandy Spring Bancorp |
No change
31,704
|
$772,309,000 | 0.13% |
| Adobe Inc |
25.43%
1,387
|
$770,534,000 | 0.13% |
| Tesla Inc |
17.05%
3,771
|
$746,205,000 | 0.13% |
| Vanguard Tax-managed Fds |
Closed
14,811
|
$743,068,000 | |
| Elevance Health Inc |
7.58%
1,362
|
$738,013,000 | 0.13% |
| Tjx Cos Inc New |
6.71%
6,517
|
$717,522,000 | 0.12% |
| MetLife, Inc. |
3.22%
10,088
|
$708,077,000 | 0.12% |
| Linde Plc. |
13.06%
1,598
|
$701,218,000 | 0.12% |
| Progressive Corp. |
No change
3,269
|
$679,004,000 | 0.12% |
| HCA Healthcare Inc |
35.69%
2,034
|
$653,484,000 | 0.11% |
| Select Sector Spdr Tr |
0.85%
8,061
|
$873,893,000 | 0.15% |
| Texas Instrs Inc |
No change
3,079
|
$598,958,000 | 0.10% |
| Automatic Data Processing In |
No change
2,442
|
$582,881,000 | 0.10% |
| Honeywell International Inc |
No change
2,700
|
$576,558,000 | 0.10% |
| Mastercard Incorporated |
No change
1,286
|
$567,332,000 | 0.10% |
| NextEra Energy Inc |
1.48%
7,811
|
$553,097,000 | 0.09% |
| Analog Devices Inc. |
0.58%
2,401
|
$548,052,000 | 0.09% |
| Mondelez International Inc. |
No change
8,328
|
$544,984,000 | 0.09% |
| Marathon Pete Corp |
No change
2,970
|
$515,236,000 | 0.09% |
| PPL Corp |
34.99%
18,594
|
$514,124,000 | 0.09% |
| Conocophillips |
No change
4,405
|
$503,844,000 | 0.09% |
| Costco Whsl Corp New |
40.10%
587
|
$498,944,000 | 0.08% |
| Northrop Grumman Corp. |
16.07%
1,128
|
$491,752,000 | 0.08% |
| Dow Inc |
4.25%
9,012
|
$478,087,000 | 0.08% |
| Caterpillar Inc. |
3.69%
1,385
|
$461,344,000 | 0.08% |
| AMGEN Inc. |
1.01%
1,476
|
$461,176,000 | 0.08% |
| Intel Corp. |
2.95%
14,576
|
$451,419,000 | 0.08% |
| CVS Health Corp |
21.47%
7,607
|
$449,269,000 | 0.08% |
| Fortune Brands Innovations I |
Closed
5,082
|
$430,293,000 | |
| Ford Mtr Co Del |
No change
33,999
|
$426,347,000 | 0.07% |
| American Elec Pwr Co Inc |
0.82%
4,837
|
$424,398,000 | 0.07% |
| Comcast Corp New |
18.12%
10,789
|
$422,498,000 | 0.07% |
| CSX Corp. |
No change
12,551
|
$419,831,000 | 0.07% |
| T-Mobile US Inc |
24.98%
2,354
|
$414,728,000 | 0.07% |
| Deere & Co. |
No change
1,088
|
$406,509,000 | 0.07% |
| Aflac Inc. |
0.45%
4,467
|
$398,948,000 | 0.07% |
| General Electric Co |
Closed
2,267
|
$397,839,000 | |
| Fiserv, Inc. |
37.04%
2,541
|
$378,711,000 | 0.06% |
| Goldman Sachs Group, Inc. |
2.36%
827
|
$374,069,000 | 0.06% |
| Medtronic Plc |
14.09%
4,629
|
$364,349,000 | 0.06% |
| Nordson Corp. |
No change
1,567
|
$363,450,000 | 0.06% |
| Citigroup Inc |
5.29%
5,677
|
$360,263,000 | 0.06% |
| Accenture Plc Ireland |
Closed
1,015
|
$351,809,000 | |
| American Express Co. |
No change
1,509
|
$349,409,000 | 0.06% |
| Otis Worldwide Corporation |
No change
3,581
|
$344,707,000 | 0.06% |
| Parker-Hannifin Corp. |
35.59%
675
|
$341,422,000 | 0.06% |
| Carrier Global Corporation |
0.28%
5,334
|
$336,469,000 | 0.06% |
| Constellation Brands, Inc. |
Closed
1,238
|
$336,439,000 | |
| Netflix Inc. |
39.39%
497
|
$335,415,000 | 0.06% |
| Chipotle Mexican Grill |
Closed
114
|
$331,372,000 | |
| American Finl Group Inc Ohio |
Closed
2,412
|
$329,190,000 | |
| Stryker Corp. |
No change
966
|
$328,682,000 | 0.06% |
| Vanguard Bd Index Fds |
No change
4,176
|
$320,299,000 | 0.05% |
| S&P Global Inc |
No change
709
|
$316,214,000 | 0.05% |
| Electronic Arts, Inc. |
19.68%
2,216
|
$308,755,000 | 0.05% |
| Advanced Micro Devices Inc. |
1.20%
1,899
|
$308,037,000 | 0.05% |
| Dominion Energy Inc |
1.63%
6,271
|
$307,279,000 | 0.05% |
| DuPont de Nemours Inc |
5.36%
3,778
|
$304,091,000 | 0.05% |
| Prudential Finl Inc |
1.37%
2,587
|
$303,171,000 | 0.05% |
| Morgan Stanley |
0.48%
3,104
|
$301,678,000 | 0.05% |
| Booking Holdings Inc |
Closed
83
|
$301,114,000 | |
| KKR & Co. Inc |
No change
2,725
|
$286,779,000 | 0.05% |
| Oracle Corp. |
No change
2,019
|
$285,083,000 | 0.05% |
| Ameriprise Finl Inc |
No change
667
|
$284,936,000 | 0.05% |
| State Str Corp |
Closed
3,583
|
$277,038,000 | |
| Boston Scientific Corp. |
1.61%
3,477
|
$267,764,000 | 0.05% |
| Erie Indty Co |
Opened
725
|
$262,740,000 | 0.04% |
| Synopsys, Inc. |
0.91%
434
|
$258,256,000 | 0.04% |
| Exelon Corp. |
7.62%
7,461
|
$258,225,000 | 0.04% |
| Salesforce Inc |
Closed
819
|
$246,666,000 | |
| Altria Group Inc. |
18.38%
5,328
|
$242,690,000 | 0.04% |
| Boeing Co. |
1.12%
1,327
|
$241,527,000 | 0.04% |
| The Southern Co. |
25.60%
3,078
|
$238,760,000 | 0.04% |
| Gallagher Arthur J & Co |
No change
917
|
$237,787,000 | 0.04% |
| Nucor Corp. |
9.09%
1,500
|
$237,120,000 | 0.04% |
| Bank New York Mellon Corp |
No change
3,825
|
$229,079,000 | 0.04% |
| Invesco Exch Traded Fd Tr Ii |
No change
3,463
|
$224,922,000 | 0.04% |
| Phillips 66 |
Closed
1,366
|
$223,122,000 | |
| Sun Life Financial, Inc. |
2.17%
4,517
|
$221,288,000 | 0.04% |
| Illinois Tool Wks Inc |
2.73%
891
|
$211,131,000 | 0.04% |
| Bristol-Myers Squibb Co. |
No change
5,050
|
$209,727,000 | 0.04% |
| Zoetis Inc |
1.07%
1,199
|
$207,859,000 | 0.04% |
| Thermo Fisher Scientific Inc. |
No change
372
|
$205,716,000 | 0.04% |
| Shell Plc |
Opened
2,821
|
$203,620,000 | 0.03% |
| Verizon Communications Inc |
Closed
4,810
|
$201,828,000 | |
| International Paper Co. |
18.45%
4,659
|
$201,036,000 | 0.03% |
| Southern Copper Corporation |
18.25%
1,863
|
$200,720,000 | 0.03% |
| Firstenergy Corp. |
Closed
5,186
|
$200,283,000 | |
| Nokia Corp |
No change
28,451
|
$107,545,000 | 0.02% |
| No transactions found | |||
| Showing first 500 out of 175 holdings | |||
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