westwood holdings group, inc. provides investment management services to institutional investors, private wealth clients and financial intermediaries. the firm has $21.6 billion in assets under management, of which $3.4 billion are in values-based and socially responsible investment mandates as of june 30, 2018. westwood offers a range of investment strategies including u.s. equities, multi-asset, global and emerging markets equities, global convertible securities and master limited partnerships (mlps) portfolios. access to these strategies is available through separate accounts, the westwood funds® family of mutual funds, ucits funds and other pooled vehicles. westwood benefits from significant, broad-based employee ownership and trades on the new york stock exchange under the symbol “whg.” based in dallas, westwood also maintains offices in toronto, boston and houston.
Company profile
Ticker
WHG
Exchange
Website
CEO
Brian O'Connor Casey
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
752969997
WHG stock data
Latest filings (excl ownership)
10-Q
2023 Q3
Quarterly report
31 Oct 23
8-K
Westwood Holdings Group, Inc. Reports Third Quarter 2023 Results
31 Oct 23
10-Q
2023 Q2
Quarterly report
2 Aug 23
8-K
Westwood Holdings Group, Inc. Reports Second Quarter 2023 Results
2 Aug 23
10-Q
2023 Q1
Quarterly report
4 May 23
8-K
Departure of Directors or Certain Officers
2 May 23
8-K
Westwood Holdings Group, Inc. Reports First Quarter 2023 Results
26 Apr 23
DEFA14A
Additional proxy soliciting materials
24 Mar 23
DEF 14A
Definitive proxy
17 Mar 23
10-K
2022 FY
Annual report
13 Mar 23
Transcripts
WHG
Earnings call transcript
2023 Q3
31 Oct 23
WHG
Earnings call transcript
2023 Q2
2 Aug 23
WHG
Earnings call transcript
2023 Q2
2 Aug 23
WHG
Earnings call transcript
2023 Q1
26 Apr 23
WHG
Earnings call transcript
2022 Q4
15 Feb 23
WHG
Earnings call transcript
2022 Q3
26 Oct 22
WHG
Earnings call transcript
2022 Q2
28 Jul 22
WHG
Earnings call transcript
2022 Q1
27 Apr 22
WHG
Earnings call transcript
2021 Q4
10 Feb 22
WHG
Earnings call transcript
2021 Q3
27 Oct 21
Latest ownership filings
SC 13D/A
JCP Investment Management, LLC
29 Nov 23
SC 13D/A
JCP Investment Management, LLC
22 Nov 23
3
Matthew Mazzei
17 Nov 23
13F-HR
Quarterly holdings report by institutional manager
14 Nov 23
4
John Porter Montgomery
12 Sep 23
13F-HR
Quarterly holdings report by institutional manager
11 Aug 23
4
Leah Bennett
11 Aug 23
144
Notice of proposed sale of securities
9 Aug 23
13F-HR
Quarterly holdings report by institutional manager
12 May 23
4
Julie Kramer Gerron
2 May 23
Financial summary
| Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
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| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 17.18 mm | 17.18 mm | 17.18 mm | 17.18 mm | 17.18 mm | 17.18 mm |
| Cash burn (monthly) | (no burn) | 441.00 k | (no burn) | (no burn) | 594.00 k | (no burn) |
| Cash used (since last report) | n/a | 989.21 k | n/a | n/a | 1.33 mm | n/a |
| Cash remaining | n/a | 16.19 mm | n/a | n/a | 15.85 mm | n/a |
| Runway (months of cash) | n/a | 36.7 | n/a | n/a | 26.7 | n/a |
Institutional ownership, Q3 2023
55.9% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 42 |
| Opened positions | 4 |
| Closed positions | 5 |
| Increased positions | 11 |
| Reduced positions | 18 |
| 13F shares | Current |
|---|---|
| Total value | 47.31 bn |
| Total shares | 5.11 mm |
| Total puts | 34.10 k |
| Total calls | 0.00 |
| Total put/call ratio | Infinity |
| Largest owners | Shares | Value |
|---|---|---|
| JCP Investment Management | 744.79 k | $7.56 bn |
| Allspring Global Investments | 572.46 k | $5.81 bn |
| Gamco Investors | 451.00 k | $4.58 bn |
| Renaissance Technologies | 440.05 k | $4.47 mm |
| Deprince Race & Zollo | 417.37 k | $4.24 bn |
| Vanguard | 404.39 k | $4.10 bn |
| North Star Investment Management | 312.76 k | $3.17 bn |
| King Luther Capital Management | 243.74 k | $2.47 bn |
| Dimensional Fund Advisors | 220.27 k | $2.24 bn |
| BLK Blackrock | 183.71 k | $1.86 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 11 Sep 23 | John Porter Montgomery | common stock | Sell | Dispose S | No | No | 9.8889 | 327 | 3.23 k | 75,816 |
| 11 Sep 23 | John Porter Montgomery | common stock | Sell | Dispose S | No | No | 9.9017 | 500 | 4.95 k | 76,983 |
| 6 Sep 23 | John Porter Montgomery | common stock | Sell | Dispose S | No | No | 10.2 | 2 | 20.40 | 76,143 |
| 6 Sep 23 | John Porter Montgomery | common stock | Sell | Dispose S | No | No | 9.9 | 838 | 8.30 k | 76,145 |
| 9 Aug 23 | Leah Bennett | common stock | Sell | Dispose S | No | No | 10.9735 | 850 | 9.33 k | 37,962 |
| 2 May 23 | Julie Kramer Gerron | common stock | Other | Acquire J | No | No | 0 | 0 | 0.00 | 69,920 |
| 26 Apr 23 | Frank Richard M | common stock | Grant | Acquire A | No | No | 0 | 7,917 | 0.00 | 74,681 |