SEC Filing Summary: Bank OZK (Form 13F)
Business Context and Reporting Period
This filing is a Form 13F Information Table submitted by Bank OZK (Little Rock, AR) for the reporting period ending June 30, 2023. The document discloses the equity securities held by the institution as of the close of the quarter. It is a regulatory disclosure of investment holdings and does not contain the bank's own operational financial results (e.g., net income, deposits, or loan portfolio performance).
Key Financial Metrics and Holdings
The filing details a diversified portfolio of equity securities. Key metrics derived from the table include:
- Total Portfolio Value: The filing lists individual security values but does not provide a consolidated total portfolio value in the text.
- Top Holdings by Value:
- Apple Inc.: ~$12.07 million (Sole Discretion) + ~$2.06 million (Other)
- Microsoft Corp.: ~$7.38 million (Sole Discretion) + ~$3.59 million (Other)
- JPMorgan Chase & Co.: ~$3.37 million (Sole Discretion) + ~$0.75 million (Other)
- Amazon.com Inc.: ~$1.32 million (Sole Discretion) + ~$0.15 million (Other)
- Alphabet Inc. (Class A): ~$2.75 million (Sole Discretion) + ~$0.54 million (Other)
- Investment Authority: Holdings are categorized as "Sole" (sole discretion) or "Other" (shared or discretionary authority).
- Debt and Liquidity: The filing text does not provide data on Bank OZK's corporate debt, cash flow, or liquidity positions.
Material Changes
The filing text provided is a static snapshot of holdings as of June 30, 2023. It does not contain comparative data against the prior quarter (March 31, 2023) or year-over-year figures. Therefore, material changes in position size or portfolio composition cannot be determined from this document alone.
Guidance, Outlook, and Risks
Guidance and Outlook: This document contains no management commentary, forward-looking statements, or financial guidance regarding Bank OZK's future performance.
Risks and Contingencies: The filing includes a standard SEC disclaimer stating that the Commission has not reviewed the information for accuracy. It does not disclose specific risk factors, contingencies, or unusual items related to the bank's operations.
Investor Verification Checklist
- Verify the total aggregate value of the portfolio by summing the "Value" column, as the filing does not provide a total.
- Compare these holdings against the previous quarter's 13F filing to identify significant buy/sell activity.
- Review Bank OZK's Form 10-Q for the same period to obtain actual financial performance metrics (revenue, profit, liquidity) which are absent here.
- Confirm the breakdown of "Sole" vs. "Other" voting authority to understand the bank's direct control over these assets.