Investors Trust Co. Lowers BancFirst Stake to 6.1%

TL;DR

**Investors Trust Co. trimmed its BancFirst stake to 6.1% as of Dec 31, 2023.**

AI Summary

Investors Trust Company /OK/ has filed an amendment to their SC 13G, indicating their ownership in BancFirst Corp /OK/ as of December 31, 2023. They now beneficially own 2,055,973 shares of BancFirst's Common Stock, representing 6.1% of the company. This is a slight decrease from their previous filing, which matters to investors as it shows a major institutional holder has slightly reduced their stake, potentially signaling a shift in their investment strategy or outlook on BancFirst's future performance.

Why It Matters

A decrease in ownership by a significant institutional investor like Investors Trust Company could signal a change in their confidence in BancFirst's stock, potentially influencing other investors' decisions.

Risk Assessment

Risk Level: low — This filing indicates a minor adjustment in institutional ownership, which typically carries a low direct risk to the company's operations or immediate stock price.

Analyst Insight

Investors should note the slight reduction in stake by Investors Trust Company, but given it's an amendment to a 13G, it's likely a passive investment adjustment rather than an aggressive move. Monitor future filings for further changes in institutional ownership to gauge sentiment.

Key Numbers

• 2,055,973 — Total Shares Beneficially Owned (This is the total number of BancFirst Common Stock shares Investors Trust Company owns.)
• 6.1% — Percentage of Class Owned (This represents the proportion of BancFirst's total outstanding shares owned by Investors Trust Company.)
• 1,970,967 — Sole Voting Power Shares (These are the shares where Investors Trust Company has complete control over voting decisions.)
• 85,006 — Shared Voting Power Shares (These are the shares where Investors Trust Company shares voting control with others.)
• December 31, 2023 — Reporting Date (This is the snapshot date for the ownership information provided in the filing.)

Key Players & Entities

• Investors Trust Company /OK/ (company) — the reporting person who filed the SC 13G/A
• BANCFIRST CORP /OK/ (company) — the subject company whose securities are being reported
• December 31, 2023 (date) — the date of the event which requires the filing of this statement
• 2,055,973 (dollar_amount) — total number of shares beneficially owned by Investors Trust Company
• 6.1% (dollar_amount) — percentage of class beneficially owned by Investors Trust Company

Forward-Looking Statements

• BancFirst's stock price may experience minor downward pressure due to the slight reduction in institutional ownership. (BANCFIRST CORP /OK/) — low confidence, target: Q1 2024

FAQ

Filing Documents

• investtrust-sch13g_18790.htm (SC 13G/A) — 72KB
• 0001072613-24-000063.txt ( ) — 73KB

(a)

Item 1(a). Name of Issuer: BancFirst Corporation

(b)

Item 1(b). Address of Issuer's Principal Executive Offices: 100 North Broadway Ave. Oklahoma City, OK 73102

(a)

Item 2(a). Name of Person Filing: Investors Trust Company

(b)

Item 2(b). Address of Principal Business Office or, if none, Residence: 1202 North Tenth Street Duncan, OK 73533

(c)

Item 2(c). Citizenship: Oklahoma

(d)

Item 2(d). Title of Class of Securities. Common Stock

(e)

Item 2(e). CUSIP Number. 05945F103 Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o); (b) Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c); (c) Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c); (d) Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); (h) A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) A non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J); (k) Group, in accordance with 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution: Not applicable. CUSIP No. 05945F103 13G Page 4 of 5 Pages Item 4. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 2,055,973 (b) Percent of Class: 6.2% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 1,970,967 (ii) Shared power to vote or to direct the vote: 85,006 (iii) Sole power to dispose or to direct the disposition of: 1,970,967 (iv) Shared power to dispose or to direct the disposition of: 85,006 All of the foregoing shares are held by Investors Trust Company in it

View Full Filing

View this SC 13G/A filing on SEC EDGAR