SEC Filing Summary: Form 13F Information Table
Business Context and Reporting Period
Company: Bank OZK
Filing Type: Form 13F Information Table (Statement of Holdings)
Reporting Period: The filing text does not explicitly state the specific quarter end date, though the metadata indicates a reference to December 31, 2024. Form 13F filings are required quarterly by institutional investment managers with over $100 million in qualifying assets.
Context: This document discloses the equity securities held by Bank OZK (or its investment management arm) as of the reporting date. It details the number of shares, value, and voting authority for each holding.
Key Financial Metrics and Holdings
Portfolio Composition: The filing lists a diversified portfolio of large-cap U.S. equities and Exchange Traded Funds (ETFs). The text does not provide a total aggregate portfolio value, but individual position values are listed in Column 5.
Top Holdings by Value (Selected):
- Apple Inc.: 52,845 shares (Sole) + 8,184 shares (Other) valued at approximately $13.2M and $2.0M respectively.
- Microsoft Corp: 18,966 shares (Sole) + 8,634 shares (Other) valued at approximately $8.0M and $3.6M respectively.
- NVIDIA Corp: 48,606 shares (Sole) + 6,429 shares (Other) valued at approximately $6.5M and $0.9M respectively.
- Eli Lilly & Co: 9,459 shares (Sole) + 1,931 shares (Other) valued at approximately $7.3M and $1.5M respectively.
- Chipotle Mexican Grill: 53,809 shares (Sole) + 5,100 shares (Other) valued at approximately $3.2M and $0.3M respectively.
Voting Authority: The manager reports "Sole" voting authority for the majority of positions, with "Shared" or "None" authority noted for specific holdings (e.g., Alphabet, Amazon, Bank of America).
Material Changes
Comparison Data: The filing text does not provide comparative data from the prior quarter. Form 13F tables list current holdings but do not explicitly state the change in shares or value from the previous reporting period within the table rows themselves.
Observation: The presence of "Other" (OTR) voting authority alongside "Sole" authority for many issuers suggests the manager holds positions in multiple accounts or through different structures.
Guidance, Outlook, and Risks
Management Commentary: None. Form 13F is a regulatory disclosure of holdings and does not contain management discussion, financial guidance, or forward-looking statements.
Risks and Contingencies: The filing includes a standard disclaimer that the SEC has not reviewed the information for accuracy. No specific risk factors or contingencies are disclosed in this document.
Key Facts for Investor Verification
- Asset Class: Verify if these holdings represent the bank's own investment portfolio or assets managed on behalf of clients (Form 13F is filed by investment managers).
- Concentration: The portfolio shows significant exposure to the Technology sector (Apple, Microsoft, NVIDIA, Alphabet, Adobe) and Healthcare (Eli Lilly, Merck, UnitedHealth).
- ETF Exposure: The manager holds significant positions in broad market ETFs (e.g., iShares Core S&P 500, Vanguard Total Bond Market), indicating a passive allocation strategy alongside active stock picking.
- Valuation: The "Value" column represents the approximate market value at the time of filing; verify current market prices for real-time valuation.
- Reporting Lag: Form 13F filings are due 45 days after the quarter end; the data reflects holdings as of the quarter end, not the current date.