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 calendar quarter ended September 30, 2017, and was signed by Tiffany B. Kice, CFO, on November 14, 2017. The report includes holdings for the primary manager and three other included managers: Westwood Management Corp, Westwood International Advisors Inc., and Westwood Trust.
Key Financial Metrics
As a Form 13F filing, this document reports equity holdings rather than the operating financial performance of the manager itself. Consequently, revenue, profit, cash flow, margins, debt, and liquidity metrics for Westwood Holdings Group Inc. are not provided in this text.
- Total Value of Reported Holdings: $12,591,753,000 (12,591,753 thousands)
- Total Number of Holdings Entries: 427
- Number of Other Included Managers: 3
Material Changes
The filing text does not provide comparative data for the prior period (June 30, 2017) or detail specific material changes in holdings, values, or portfolio composition versus the previous quarter.
Guidance, Outlook, and Risks
This filing type does not contain management commentary, forward-looking guidance, risk factors, or contingencies regarding the manager's future performance. The document includes a standard SEC disclaimer stating that the Commission has not reviewed the information for accuracy or completeness.
Investor Verification Checklist
- Verify the total reported value of $12.59 billion against the sum of individual security holdings in the full schedule.
- Confirm the identities and file numbers of the three included managers (Westwood Management Corp, Westwood International Advisors Inc., Westwood Trust) to ensure no double-counting of assets.
- Review the full list of 427 holdings to assess concentration risk and sector exposure, as this summary only provides aggregate totals.
- Note that this filing reflects only long positions in equity securities and does not disclose short positions, derivatives, or non-equity assets.