SEC Filing Summary: Bank OZK (Form 13F)
Business Context and Reporting Period
This filing is a Form 13F Information Table submitted by Bank OZK (Bank of the Ozarks) for the period ending June 30, 2013. The document discloses the issuer's holdings of equity securities as required by the Securities and Exchange Commission. It details the number of shares held, value, and voting authority for various public companies.
Key Financial Metrics and Holdings
The filing provides a snapshot of the investment portfolio rather than the company's operational financials (revenue, profit, cash flow). Key portfolio metrics include:
- Top Holding by Value: Bank of the Ozarks Inc (Self-holding) with a reported value of $1,000,284 (in thousands), representing 1,000,284 shares.
- Significant External Holdings:
- Murphy Oil Corp: 778,768 shares held under "Other" discretion.
- US Bancorp Del: 66,895 shares held under "Sole" discretion.
- AT&T Inc: 36,949 shares held under "Sole" discretion.
- General Electric Co: 34,207 shares held under "Sole" discretion.
- Pfizer Inc: 30,981 shares held under "Sole" discretion.
- Voting Authority: The filing distinguishes between "Sole," "Shared," and "None" voting authority. A significant portion of the portfolio, particularly the self-holding and large positions in Murphy Oil, is categorized under "Other" (OTR) discretion.
Material Changes
The filing text does not provide comparative data against the prior quarter or year. Consequently, material changes in holdings, value, or voting authority versus the prior comparable period cannot be determined from this document alone.
Guidance, Outlook, and Risks
As a Form 13F, this document contains no management commentary, forward-looking guidance, or risk factors regarding Bank OZK's operations. It is a statutory disclosure of holdings only. The filing includes a standard disclaimer that the SEC has not reviewed the information for accuracy or completeness.
Investor Verification Checklist
- Verify the total aggregate value of the portfolio by summing the "Value" column (reported in thousands) to assess total exposure.
- Confirm the nature of the "Other" (OTR) voting authority for the large Murphy Oil Corp position (778,768 shares) to understand the extent of control or lack thereof.
- Compare the self-holding of Bank of the Ozarks Inc (1,000,284 shares) against the company's total outstanding shares to determine the percentage of treasury stock or internal holding.
- Review the "Sole" vs. "Shared" voting authority split to assess the bank's direct influence over its external equity investments.