SEC Filing Summary: Form 13F Information Table
Business Context and Reporting Period
Company: SOUTH PLAINS FINANCIAL, INC.
Filing Type: Form 13F Information Table (Quarterly Report of Holdings)
Reporting Period: The filing metadata indicates a date of June 30, 2026. However, the document text itself does not explicitly state the specific quarter end date or the filing date, only the standard SEC header. The data represents the portfolio holdings of the investment manager as of the end of the reporting period.
Business Context: This filing discloses the equity securities held by South Plains Financial, Inc. (or its investment management arm) that are subject to reporting under Section 13(f) of the Exchange Act. The portfolio consists of a diversified mix of individual equities and Exchange Traded Funds (ETFs) across various sectors including Technology, Financials, Healthcare, Energy, and Consumer Staples.
Key Financial Metrics and Portfolio Composition
Revenue, Profit, Cash Flow, Margins, Debt, Liquidity: The filing text does not provide financial performance metrics (revenue, profit, cash flow, margins) or balance sheet data (debt, liquidity) for South Plains Financial, Inc. Form 13F filings are strictly limited to reporting holdings of equity securities and do not contain the issuer's financial statements.
Portfolio Holdings (Selected Top Positions by Value): The table lists numerous holdings. Based on the "Value" column (Column 5), the largest reported positions include:
- Apple Inc.: $7,736,035 (26,736 shares)
- Alphabet Inc. (Class C): $6,799,465 (19,027 shares)
- NVIDIA Corporation: $5,847,203 (29,223 shares)
- Amazon.com Inc.: $4,521,285 (18,970 shares)
- Microsoft Corp: $5,412,715 (14,511 shares)
- BlackRock Inc: $1,078,843 (1,122 shares)
- South Plains Financial Inc (Own Stock): $143,370 (3,328 shares)
Asset Class Mix: The portfolio includes significant allocations to ETFs, including multiple iShares (e.g., International Equity, Fixed Income, Mid Cap), Vanguard (e.g., Fixed Income, International Equity), and SPDR funds.
Material Changes Versus Prior Period
The filing text does not provide comparative data against the prior quarter. Form 13F tables list current holdings but do not explicitly state the net change in shares or value from the previous reporting period within the text provided. Analysis of changes would require comparing this table to the previous quarter's filing.
Guidance, Outlook, Risks, and Contingencies
Guidance and Outlook: The filing text does not provide any management commentary, forward-looking guidance, or strategic outlook. Form 13F is a statutory disclosure of holdings and does not include narrative sections for management discussion.
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.
Unusual Items: The portfolio includes a holding of "Occidental Pete Corp Warrants & Rights" (125 shares, value $3,326), which is a derivative instrument rather than common stock. Additionally, the manager holds shares of its own company, South Plains Financial Inc.
Important Facts for Investor Verification
- Document Limitation: This is a Form 13F, not a 10-Q or 10-K. It contains no financial performance data (revenue, earnings, cash flow) for South Plains Financial, Inc. Investors must consult the company's 10-Q/10-K for financial health.
- Reporting Date Discrepancy: The metadata suggests a future date (June 30, 2026). Investors should verify the actual filing date and the specific quarter end date referenced in the official SEC EDGAR database to ensure the data is current and not a projection or error.
- Concentration Risk: The portfolio shows significant concentration in large-cap technology stocks (Apple, Microsoft, NVIDIA, Alphabet, Amazon), which may indicate a specific investment strategy or sector bias.
- Voting Authority: The table distinguishes between "Sole," "Shared," and "None" voting authority. For example, the company holds "Sole" voting authority for its own stock (South Plains Financial Inc) but "Discretionary" (DFND) for most other holdings, implying these are managed on behalf of clients.
- ETF Exposure: A substantial portion of the portfolio is held via ETFs (iShares, Vanguard, SPDR), suggesting a passive or index-tracking component to the investment strategy.