Business Context and Reporting Period
This Form 13F-HR filing reports the equity holdings of Bank of the Ozarks (Institutional Investment Manager) as of the quarter ended March 31, 2013. The report was signed by Rex W. Kyle, President of Trust & Wealth Management, on May 3, 2013. The filing covers 87 distinct security entries representing the manager's investment discretion.
Key Financial Metrics
As this is a Form 13F Holdings Report, it discloses portfolio composition rather than the operating financials (revenue, profit, cash flow) of Bank of the Ozarks itself. The filing provides the following portfolio metrics:
- Total Portfolio Value: $142,301,000 (reported in thousands).
- Number of Holdings: 87 entries.
- Top Holdings by Market Value:
- Bank of the Ozarks Inc (Own Stock): $50,244,000 (approx. 35% of reported value).
- Murphy Oil Corp: $56,049,000 (approx. 39% of reported value).
- AT&T Inc: $1,503,000.
- Verizon Communications Inc: $1,431,000.
- Debt and Liquidity: Not applicable; this form does not report the issuer's debt or liquidity positions.
Material Changes
The filing text does not provide comparative data for the prior quarter (December 31, 2012). Consequently, material changes in holdings, entry additions, or deletions versus the prior period cannot be determined from this document alone.
Guidance, Outlook, and Risks
Form 13F filings are statutory disclosures of holdings and do not contain management guidance, forward-looking outlooks, risk factors, or commentary on contingencies. The filing confirms that the manager holds voting authority (Sole, Shared, or None) for the listed securities, with the majority of positions held with Sole voting authority.
Investor Verification Checklist
- Verify the total portfolio value of $142.3 million against the bank's total assets to determine the percentage of assets managed under this specific 13F mandate.
- Confirm the significant concentration in Murphy Oil Corp and the bank's own stock (Bank of the Ozarks Inc), which together comprise the vast majority of the reported portfolio value.
- Review the "Shared" voting authority entries (e.g., AT&T, Abbott Labs, Altria) to understand any co-management arrangements.
- Note that this report reflects holdings as of March 31, 2013, and does not reflect subsequent trading activity.