Business Context and Reporting Period
This filing is a Form 13F-HR submitted by WESTWOOD HOLDINGS GROUP INC, an institutional investment manager based in Dallas, TX. The report covers the quarter ended September 30, 2020, and was signed by Murray Forbes III, Chief Financial Officer, on November 10, 2020. The filing includes holdings for the primary manager and four other included managers: Westwood Management Corp, Westwood International Advisors Inc., Westwood Trust, and Westwood Advisors, L.L.C.
Key Financial Metrics
As a Form 13F filing, this document reports equity holdings rather than the operating financial performance of the manager itself. Key metrics from the filing include:
- Total Reported Value: $7,895,278,000 (reported in thousands).
- Total Number of Holdings: 405 entries.
- Number of Included Managers: 4 additional managers included in this consolidated report.
Note: This filing does not provide data on revenue, profit, cash flow, margins, debt, or liquidity for Westwood Holdings Group Inc. or its clients.
Material Changes
The filing text provided does not contain comparative data for the prior period (June 30, 2020) or specific details regarding the nature of changes (purchases, sales, or net changes) for individual securities. Therefore, material changes versus the prior comparable period cannot be determined from this summary.
Guidance, Outlook, and Risks
This document is a regulatory disclosure of holdings and does not contain management commentary, forward-looking guidance, outlook, risk factors, or contingencies. The filing includes a standard disclaimer stating that the SEC has not reviewed the information for accuracy or completeness.
Investor Verification Checklist
- Verify the total value of $7.895 billion against the sum of individual security holdings in the full schedule.
- Confirm the specific breakdown of holdings among the four included managers (Westwood Management Corp, Westwood International Advisors Inc., Westwood Trust, and Westwood Advisors, L.L.C.).
- Review the full 405-line schedule to identify top 10 holdings and sector concentration.
- Check for any amendments filed after November 10, 2020, that may update these positions.