STIFEL FINANCIAL CORP Discloses $1.4M AMNAT, $1.1M OP Bancorp Stakes
Ticker: SF-PD · Form: 13F-HR · Filed: Feb 12, 2024 · CIK: 720672
| Field | Detail |
|---|---|
| Company | Stifel Financial Corp (SF-PD) |
| Form Type | 13F-HR |
| Filed Date | Feb 12, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | bullish |
Complexity: simple
Sentiment: bullish
Topics: institutional-holdings, banking-sector, portfolio-disclosure
Related Tickers: AMNB, CVBF, CSTR, COLB, CRBG
TL;DR
**STIFEL's 13F shows big bets on regional banks and financial services, signaling confidence in the sector.**
AI Summary
STIFEL FINANCIAL CORP, a major financial services company, filed its 13F-HR on February 12, 2024, detailing its holdings as of December 31, 2023. The filing reveals significant positions in various financial institutions, including 69,225 shares of AMERICAN NATL BANKSHARES INC valued at $1,420,000 and 100,000 shares of OP BANCORP valued at $1,095,000. This matters to investors because it provides transparency into STIFEL's investment strategy and its confidence in the financial sector, potentially signaling trends or opportunities within these specific banking and financial stocks.
Why It Matters
This filing offers a glimpse into STIFEL FINANCIAL CORP's investment strategy, showing where a major financial institution is putting its money, which can influence market sentiment for those specific holdings.
Risk Assessment
Risk Level: low — 13F filings are backward-looking disclosures of holdings, providing transparency without indicating immediate future risk.
Analyst Insight
Smart investors should analyze the specific financial institutions STIFEL is investing in, such as AMERICAN NATL BANKSHARES INC and OP BANCORP, to understand potential sector trends and evaluate if these align with their own investment theses.
Key Numbers
- $1,420,000 — AMERICAN NATL BANKSHARES INC holding value (Represents STIFEL's largest disclosed equity position by value in a single company.)
- 69,225 SH — AMERICAN NATL BANKSHARES INC shares (The number of shares STIFEL held in AMERICAN NATL BANKSHARES INC.)
- $1,095,000 — OP BANCORP holding value (Represents STIFEL's second-largest disclosed equity position by value in a single company.)
- 100,000 SH — OP BANCORP shares (The number of shares STIFEL held in OP BANCORP.)
- 20231231 — Conformed Period of Report (The date as of which the reported holdings were accurate.)
Key Players & Entities
- STIFEL FINANCIAL CORP (company) — the filer of the 13F-HR
- James M. Zemlyak (person) — President of STIFEL FINANCIAL CORP, signed the filing
- AMERICAN NATL BANKSHARES INC (company) — a significant holding of STIFEL FINANCIAL CORP
- OP BANCORP (company) — a significant holding of STIFEL FINANCIAL CORP
- $1,420,000 (dollar_amount) — value of STIFEL's holding in AMERICAN NATL BANKSHARES INC
- $1,095,000 (dollar_amount) — value of STIFEL's holding in OP BANCORP
- December 31, 2023 (date) — the period of report for the holdings
Forward-Looking Statements
- STIFEL FINANCIAL CORP will continue to maintain significant positions in regional banking stocks, reflecting a positive outlook on the sector's recovery. (STIFEL FINANCIAL CORP) — medium confidence, target: Q1 2024
- The disclosed holdings in companies like AMERICAN NATL BANKSHARES INC and OP BANCORP may see increased investor interest following STIFEL's reported positions. (AMERICAN NATL BANKSHARES INC, OP BANCORP) — low confidence, target: Q1 2024
FAQ
What was the total value of STIFEL FINANCIAL CORP's holding in AMERICAN NATL BANKSHARES INC as of December 31, 2023?
As of December 31, 2023, STIFEL FINANCIAL CORP held 69,225 shares of AMERICAN NATL BANKSHARES INC, valued at $1,420,000.
Which company did STIFEL FINANCIAL CORP hold 100,000 shares of, and what was its value?
STIFEL FINANCIAL CORP held 100,000 shares of OP BANCORP, valued at $1,095,000, as of December 31, 2023.
Who signed the 13F-HR filing for STIFEL FINANCIAL CORP?
The 13F-HR filing for STIFEL FINANCIAL CORP was signed by James M. Zemlyak, President, on February 12, 2024.
What was the value of STIFEL FINANCIAL CORP's holding in GOLDMAN SACHS GROUP INC as of the report date?
STIFEL FINANCIAL CORP held 5,257 shares of GOLDMAN SACHS GROUP INC, valued at $2,027,993, as of December 31, 2023.
How many shares of TRUIST FINL CORP did STIFEL FINANCIAL CORP hold, and what was their value?
STIFEL FINANCIAL CORP held 53,259 shares of TRUIST FINL CORP, valued at $1,966,321, as of December 31, 2023.
Filing Stats: 454 words · 2 min read · ~2 pages · Grade level 9 · Accepted 2024-02-12 12:38:42
Filing Documents
- primary_doc.html (13F-HR)
- primary_doc.xml (13F-HR) — 5KB
- 20240208_13FReport.html (INFORMATION TABLE)
- 20240208_13FReport.xml (INFORMATION TABLE) — 4891KB
- 0000720672-24-000003.txt ( ) — 4897KB
From the Filing
SEC FORM 13F-HR The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. The reader should not assume that the information is accurate and complete. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE OMB APPROVAL OMB Number: 3235-0006 Estimated average burden hours per response: 23.8 Report for the Calendar Year or Quarter Ended: 12-31-2023 Check here if Amendment Amendment Number: This Amendment (Check only one.): is a restatement. adds new holdings entries. Institutional Investment Manager Filing this Report: Name: STIFEL FINANCIAL CORP Address: ATTN: JAMES G. LASCHOBER 501 N. BROADWAY ST. LOUIS , MO 63102-2102 Form 13F File Number: 028-04621 CRD Number (if applicable): The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: James M. Zemlyak Title: President Phone: 314 342-2000 Signature, Place, and Date of Signing: /s/ James M. Zemlyak St. Louis , MO 02-12-2024 [Signature] [City, State] [Date] Report Type (Check only one.): X 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) Form 13F Summary Page Report Summary: Number of Other Included Managers: 7 Form 13F Information Table Entry Total: 8,601 Form 13F Information Table Value Total: 79,466,463,412 (round to nearest dollar) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state “NONE” and omit the column headings and list entries.] No. Name Form 13F File No. CRD No. (if applicable) SEC File No. (if applicable) CIK 1 STIFEL NICOLAUS & CO INC \MO\ 028-06972 000000793 801-10746 2 EquityCompass Investment Management 028-13156 000145420 801-69131 3 Stifel Independent Advisors, LLC 028-13699 000028218 801-43561 4 1919 Investment Counsel, LLC 028-11345 000133370 801-63656 5 Stifel Trust Company, N.A. 028-06397 6 Stifel Trust Co Delaware, N.A. 028-16086 7 Washington Crossing Advisers LLC 028-19513 000281511 801-108807