SEC Filing Summary: South Plains Financial, Inc.
Business Context and Reporting Period
Filing Type: Form 13F Information Table
Company: South Plains Financial, Inc.
Reporting Period: Quarter ended September 30, 2025
Context: This filing discloses the equity securities held by South Plains Financial, Inc. as a registered investment manager. The document lists holdings in individual equities and exchange-traded funds (ETFs), detailing share counts, values, and voting authority.
Key Financial Metrics and Portfolio Composition
Portfolio Overview: The filing provides a granular list of holdings but does not aggregate total portfolio value, total assets under management, or cash flow metrics. The portfolio is diversified across large-cap equities, sector-specific ETFs, and fixed-income ETFs.
Top Individual Equity Holdings (by Share Count):
- Apple Inc.: 26,703 shares (Combined)
- Microsoft Corp.: 13,392 shares (Combined)
- Amazon.com Inc.: 18,094 shares (Combined)
- Alphabet Inc.: 24,324 shares (Combined Class A and C)
- NVIDIA Corp.: 28,148 shares (Combined)
- Walmart Inc.: 13,297 shares (Combined)
- South Plains Financial, Inc.: 3,328 shares (Sole voting authority)
Significant ETF Holdings:
- Vanguard Scottsdale Fds (Fixed Income): Multiple tranches totaling over 89,000 shares.
- iShares Trust (International Equity): Over 142,000 shares across various tranches.
- iShares Trust (Mid Cap): Over 95,000 shares.
- Schwab Strategic Trust: Over 69,000 shares.
Liquidity and Debt: The filing text does not provide data on the company's debt levels, liquidity ratios, or cash flow.
Material Changes
Comparison to Prior Period: The provided text contains only the snapshot of holdings for the period ended September 30, 2025. It does not include the prior quarter's data or a "change" column. Therefore, material changes in position size or new entries cannot be determined from this document alone.
Guidance, Outlook, and Risks
Management Commentary: None provided. Form 13F is a regulatory disclosure of holdings and does not contain management discussion, financial guidance, or outlook statements.
Risks and Contingencies: No specific risk factors or contingencies are disclosed in this filing. The standard SEC disclaimer notes that the Commission has not reviewed the information for accuracy.
Unusual Items: The filing lists standard equity and ETF positions. No derivatives (other than standard options implied by "Put/Call" columns which are empty or standard) or unusual instruments are explicitly detailed in the text provided.
Investor Verification Checklist
- Portfolio Concentration: Verify the total market value of the top 10 holdings to assess concentration risk relative to the company's total assets.
- Self-Holding: Confirm the purpose and size of the 3,328 shares of South Plains Financial, Inc. stock held by the entity itself.
- ETF Exposure: Analyze the underlying assets of the significant iShares and Vanguard ETF holdings to understand true sector exposure (e.g., Fixed Income vs. Equity).
- Quarterly Turnover: Compare this list against the June 30, 2025 filing to calculate turnover rates and identify active trading strategies.
- Voting Authority: Review the "Shared" vs. "Sole" voting authority columns to understand the extent of the company's influence over the listed issuers.