SEC Filing Summary: Form 13F Information Table
Business Context and Reporting Period
Company: Bank OZK
Filing Type: Form 13F Information Table
Reporting Period: Quarter ended December 31, 2019
Context: This filing discloses the equity securities held by Bank OZK as a registered investment manager. It details holdings in various issuers, including the bank's own stock, and specifies voting authority and investment discretion.
Key Financial Metrics and Holdings
Portfolio Composition: The filing lists numerous equity positions across sectors including technology, healthcare, financials, and consumer staples. Values are reported in thousands of dollars.
- Top Holdings by Value (Sole Discretion):
- Bank OZK (Own Stock): $45,942,000 (1,506,047 shares)
- AT&T Inc: $4,993,000 (127,756 shares)
- Applied Materials Inc: $2,635,000 (43,169 shares)
- Apple Inc: $9,285,000 (31,620 shares)
- Microsoft Corp: $5,099,000 (32,336 shares)
- Significant "Other" Discretion Holdings:
- Bank OZK (Own Stock): $9,232,000 (302,633 shares)
- AT&T Inc: $2,508,000 (64,184 shares)
- Apple Inc: $1,258,000 (4,285 shares)
Financial Metrics: The filing text does not provide revenue, profit, cash flow, margins, debt, or liquidity metrics for Bank OZK. It strictly reports portfolio holdings.
Material Changes and Voting Authority
Voting Authority: Bank OZK reports "Sole" voting authority for the majority of its direct holdings. "Shared" or "None" authority is noted for specific positions, often associated with "Other" investment discretion categories.
Derivatives: The table includes columns for Put/Call options. Most entries show no options held, though some positions (e.g., Alphabet Inc, Altria Group Inc) show small quantities of options or shares held in different capacities.
Guidance, Outlook, and Risks
Management Commentary: The filing text does not contain management commentary, forward-looking guidance, or an outlook on the company's financial performance.
Risks and Contingencies: No specific risks or contingencies are disclosed in this document. The standard SEC disclaimer notes that the Commission has not reviewed the information for accuracy or completeness.
Key Facts for Investor Verification
- Significant Own Stock Position: Bank OZK holds a substantial position in its own common stock (over 1.8 million shares total across sole and other discretion categories), which may indicate share buyback programs or employee benefit plan holdings.
- Concentration Risk: The portfolio includes significant exposure to large-cap technology and telecommunications firms (e.g., Apple, Microsoft, AT&T, Verizon).
- Data Limitations: This Form 13F does not contain operational financial data (revenue, earnings, cash flow). Investors must refer to the company's Form 10-K or 10-Q for financial performance metrics.
- Discretion Split: A notable portion of holdings is categorized under "Other" investment discretion, suggesting assets managed on behalf of others or in specific trust accounts.