SEC Filing Summary: Westwood Holdings Group Inc.
Business Context and Reporting Period
Filing Type: Form 13F Information Table
Company: Westwood Holdings Group Inc.
Reporting Period: Quarter ended September 30, 2016
Context: This filing discloses the equity securities held by Westwood Holdings Group Inc. as a registered investment manager. It details the issuer, class of security, CUSIP, value, and voting authority for each holding.
Key Financial Metrics
Revenue, Profit, Cash Flow, Margins, Debt, Liquidity: The filing text does not provide a clear value for these metrics. Form 13F filings report portfolio holdings and do not contain the filer's own financial statements (income statement, balance sheet, or cash flow statement).
Portfolio Composition: The filing lists hundreds of individual equity positions across various sectors, including Technology (e.g., Microsoft, Apple, Oracle), Financials (e.g., Bank of America, Wells Fargo, JPMorgan Chase), Healthcare (e.g., Johnson & Johnson, UnitedHealth Group), and Energy (e.g., Exxon Mobil, Chevron).
Material Changes
Comparison to Prior Period: The filing text does not provide a clear value for material changes versus the prior comparable period. Form 13F tables list current holdings but do not explicitly state the net change in value or share count from the previous quarter within the text provided.
Guidance, Outlook, and Risks
Management Commentary: The filing text does not provide a clear value for guidance, outlook, or management commentary. This form is a regulatory disclosure of holdings and does not include narrative sections for future projections or strategic updates.
Risks and Contingencies: The filing text does not provide a clear value for specific risks or contingencies associated with the portfolio.
Important Facts for Investor Verification
- Top Holdings by Value: Investors should verify the largest positions, which include significant stakes in companies such as Bank of America Corp ($5.6M), Booz Allen Hamilton Holding Corp ($5.5M), Wells Fargo & Co ($3.9M), and Oracle Corp ($3.5M).
- Voting Authority: The filing distinguishes between "Sole," "Shared," and "None" voting authority. Many large positions (e.g., Microsoft, JPMorgan Chase) are listed with "Shared" voting authority, indicating the manager shares control with other parties.
- Derivatives and Convertibles: The portfolio includes various convertible securities (e.g., MCHP, CTRP, NXP) and preferred shares, which carry different risk profiles than common equity.
- Foreign Exposure: The portfolio contains significant international exposure through ADRs (e.g., Anheuser-Busch InBev, Novartis, Taiwan Semiconductor) and foreign-domiciled entities (e.g., Accenture Plc, Allergan Plc).