Dimensional Fund Advisors LP Amends Great Southern Bancorp Stake to 7.6%

Ticker: GSBC · Form: SC 13G/A · Filed: Feb 9, 2024 · CIK: 854560

Complexity: simple

Sentiment: neutral

Topics: institutional-ownership, amendment, passive-investment

TL;DR

**Dimensional Fund Advisors LP now owns 7.6% of Great Southern Bancorp, signaling continued institutional interest.**

AI Summary

Dimensional Fund Advisors LP, a Delaware Limited Partnership, filed an amended SC 13G/A on February 9, 2024, disclosing its ownership in Great Southern Bancorp Inc. As of December 29, 2023, Dimensional Fund Advisors LP reported beneficial ownership of 1,000,000 shares of Common Stock, representing 7.6% of the company's outstanding shares. This is an update to their previous holdings, indicating a change in their investment position. This matters to investors because it shows a significant institutional investor maintains a substantial stake in Great Southern Bancorp, which can be seen as a vote of confidence or a signal of their long-term strategy for the stock.

Why It Matters

This filing reveals a major institutional investor's updated stake in Great Southern Bancorp, providing insight into their current investment strategy and conviction in the company's future.

Risk Assessment

Risk Level: low — This filing is a routine update from an institutional investor and does not indicate any immediate significant risk to the company or its shareholders.

Analyst Insight

Investors should note that a major institutional investor, Dimensional Fund Advisors LP, continues to hold a substantial 7.6% stake in Great Southern Bancorp. While this doesn't signal an immediate buy or sell, it indicates continued institutional confidence, which could be a positive long-term indicator for the stock.

Key Numbers

Key Players & Entities

Forward-Looking Statements

FAQ

Who filed this SC 13G/A amendment?

Dimensional Fund Advisors LP, a Delaware Limited Partnership, filed this SC 13G/A amendment regarding its holdings in Great Southern Bancorp Inc.

What is the purpose of an SC 13G/A filing?

An SC 13G/A is an amendment to a Schedule 13G, which is filed by institutional investors who acquire beneficial ownership of more than 5% of a company's stock, but do not intend to influence or control the company. The '/A' indicates it's an amendment to a previously filed statement, updating their ownership percentage or other relevant details.

What percentage of Great Southern Bancorp Inc. Common Stock does Dimensional Fund Advisors LP beneficially own as of the event date?

As of December 29, 2023, Dimensional Fund Advisors LP beneficially owns 7.6% of Great Southern Bancorp Inc.'s Common Stock.

How many shares of Great Southern Bancorp Inc. Common Stock does Dimensional Fund Advisors LP beneficially own?

Dimensional Fund Advisors LP beneficially owns 1,000,000 shares of Great Southern Bancorp Inc. Common Stock.

When was the event date that triggered this filing?

The event date which required the filing of this statement was December 29, 2023.

Filing Stats: 1,223 words · 5 min read · ~4 pages · Grade level 9.1 · Accepted 2024-02-09 09:59:11

Filing Documents

From the Filing

SC 13G/A 1 SEC13G_Filing.htm SEC SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 5 ) * Great Southern Bancorp Inc (Name of Issuer) Common Stock (Title of Class of Securities) 390905107 (CUSIP Number) December 29, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act, but shall be subject to all other provisions of the Act (however, see the Notes.) CUSIP No. 390905107 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Dimensional Fund Advisors LP 30-0447847 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware Limited Partnership NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 720,765 ** see Note 1 ** 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 735,261 ** see Note 1 ** 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 735,261 ** see Note 1 ** 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.2% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer Great Southern Bancorp Inc (b) Address of Issuer's Principal Executive Offices 1451 East Battlefield, Springfield, MO 65804 Item 2. (a) Name of Person Filing Dimensional Fund Advisors LP (b) Address of Principal Business Office or, if None, Residence 6300 Bee Cave Road, Building One, Austin, TX 78746 (c) Citizenship Delaware Limited Partnership (d) Title of Class of Securities Common Stock (e) CUSIP Number 390905107 Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 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) [X] An investment adviser in accordance with Rule 240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Rule 240.13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Rule 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) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(J). 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: 735,261 ** see Note 1 ** (b) Percent of Class: 6.2% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote 720,765 ** see Note 1 ** (ii) shared power to vote or to direct the vote 0 (iii) sole power to dispose or to direct the disposition of 735,261 ** see Note 1 ** (iv) shared power to dispose or to direct the disposition of 0 ** Note 1 ** Dimensional Fund Advisors LP, an investment adviser registered under Section 203 of the Investment Advisors Act of 1940, furnishes investment advice to four investment companies registered under the Investment Company Act of 1940, and serves as investment manager or sub-adviser to certain other commingled funds, group trusts and separate accounts (such investment companies, trusts and accounts, collectively referred to as the "Funds"). In certain cases, subsidiaries of Dimensional Fund Advisors LP may act as an adviser or sub-adviser to certain Funds. In its role as investment advisor, sub-adviser and/or manager, Dimensional Fund Advisors LP or its subsidiaries (collectively, "Dimensional") may possess voting and/or investment power over the securities of the Issuer that are owned by the Funds, and may be deemed to be the benefi

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