Texas Capital Bancshares Reveals $10.7M Apple Stake in 13F Filing

TL;DR

**Texas Capital Bancshares just dropped their 13F, showing big bets on Apple and Amazon!**

AI Summary

Texas Capital Bancshares Inc/TX, a state commercial bank, filed its 13F-HR report on February 8, 2024, detailing its holdings as of December 31, 2023. The filing reveals significant positions in major tech and financial companies, including 55,709 shares of Apple Inc. valued at $10,725,653, and 2,000 shares of Amazon.com Inc. valued at $303,880. This matters to investors as it provides transparency into the bank's investment strategy and its confidence in specific sectors and companies, potentially signaling where a sophisticated institutional investor sees value.

Why It Matters

This filing offers a glimpse into the investment strategy of Texas Capital Bancshares, indicating their conviction in specific stocks and sectors, which can influence other investors' decisions.

Risk Assessment

Risk Level: low — 13F filings are backward-looking disclosures of holdings, providing transparency rather than indicating new risks.

Analyst Insight

Investors should review the specific holdings to understand the types of companies and sectors Texas Capital Bancshares is investing in, which can offer insights into broader market trends or institutional sentiment towards certain stocks.

Key Numbers

• $10,725,653 — Value of Apple Inc. shares (Represents the largest disclosed holding by value in the filing, indicating a strong conviction in Apple.)
• 55,709 — Shares of Apple Inc. (The total number of Apple shares held, demonstrating a substantial position.)
• 2,000 — Shares of Amazon.com Inc. (The total number of Amazon shares held, showing another significant tech investment.)
• 1,144 — Shares of ISHARES TR RUS 1000 VAL ETF (Indicates an investment in a broad market value ETF, suggesting diversification.)
• 2,344 — Shares of DANAHER CORPORATION COM (A notable holding in the healthcare/life sciences sector, diversifying the portfolio.)

Key Players & Entities

• Texas Capital Bancshares Inc/TX (company) — the filer of the 13F-HR report
• Whitney Blair (person) — Executive Director, Wealth Strategist for the filer
• Apple Inc. (company) — a significant holding with 55,709 shares
• Amazon.com Inc. (company) — a significant holding with 2,000 shares
• $10,725,653 (dollar_amount) — value of Apple Inc. shares held
• $303,880 (dollar_amount) — value of Amazon.com Inc. shares held
• December 31, 2023 (date) — the period of report for the holdings
• February 8, 2024 (date) — the date the filing was made

Forward-Looking Statements

• Texas Capital Bancshares will likely maintain significant positions in large-cap tech stocks like Apple and Amazon in their next filing. (Texas Capital Bancshares Inc/TX) — medium confidence, target: Q1 2024 13F-HR filing (May 2024)
• The bank's investment strategy will continue to show a mix of growth (tech) and value (financials, industrials) stocks. (Texas Capital Bancshares Inc/TX) — medium confidence, target: Next 13F-HR filing

FAQ

Filing Documents

• primary_doc.html (13F-HR)
• primary_doc.xml (13F-HR) — 2KB
• information_table.html (INFORMATION TABLE)
• information_table.xml (INFORMATION TABLE) — 47KB
• 0001077428-24-000021.txt ( ) — 51KB

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: Texas Capital Bancshares Inc/TX Address: 2000 McKinney Ave Dallas , TX   75201 Form 13F File Number: 028-11275 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: Whitney Blair Title: Executive Director, Wealth Strategist Phone: 346-542-4933 Signature, Place, and Date of Signing: Whitney Blair Houston, TX ,  TX 02-08-2024 [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: 0 Form 13F Information Table Entry Total: 130 Form 13F Information Table Value Total: 187,719,187 (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.] NONE

View Full Filing

View this 13F-HR filing on SEC EDGAR