SEC Filing Summary: Form 13F Information Table
Business Context and Reporting Period
Company: Bank OZK (Reporting Manager)
Filing Type: Form 13F Information Table
Reporting Period: Quarter ended December 31, 2013
Context: This filing discloses the equity securities held by Bank OZK as of the reporting date. It details the issuer, class of security, CUSIP, value, share count, and voting authority (Sole, Shared, or None) for each position.
Key Financial Metrics and Portfolio Composition
The filing provides a snapshot of the investment portfolio rather than the operating financials of Bank OZK itself. Key portfolio metrics include:
- Total Portfolio Value: The filing lists individual security values in thousands of dollars. The aggregate value is not explicitly summed in the text, but the portfolio consists of large-cap equities.
- Largest Holdings by Value:
- Bank of the Ozarks Inc (Own Stock): $92,458,000 (1,633,820 shares)
- General Electric Co: $2,632,000 (93,953 shares)
- Exxon Mobil Corp: $4,695,000 (46,393 shares)
- AT&T Inc: $2,571,000 (73,132 shares)
- Walmart Stores Inc: $2,442,000 (31,028 shares)
- Voting Authority: The majority of positions are held with "Sole" voting authority. Some positions, such as Bank of the Ozarks Inc and Murphy USA Inc, show significant "Shared" or "None" voting authority, indicating holdings in separate accounts or trusts.
Material Changes Versus Prior Period
Not Applicable: This filing is a static snapshot of holdings as of December 31, 2013. The provided text does not contain comparative data from the prior quarter (September 30, 2013) or year-over-year changes. Therefore, material changes in position size or composition cannot be determined from this document alone.
Guidance, Outlook, and Risks
Not Applicable: Form 13F filings are regulatory disclosures of holdings and do not contain management commentary, forward-looking guidance, risk factors, or contingency plans. The text includes a standard disclaimer that the SEC has not reviewed the information for accuracy.
Investor Verification Checklist
- Own Stock Concentration: Verify the strategic intent behind holding $92.5 million in Bank of the Ozarks Inc stock, which represents a significant portion of the reported portfolio.
- Account Segregation: Review the distinction between "Sole" and "Other" (OTR) voting authority to understand the split between proprietary trading accounts and client-managed accounts.
- Valuation Accuracy: Confirm that the "Value" column (in thousands) aligns with the closing market prices of the respective securities on December 31, 2013.
- Missing Aggregates: Note that the total portfolio value is not explicitly stated in the text; investors must sum the "Value" column to determine total exposure.