Here’s How BOK Financial Corporation (BOKF) Fared in Q4

Diamond Hill Capital, an investment management company, released its “Small-Mid Cap Strategy” fourth-quarter 2022 investor letter. A copy of the same can be downloaded here. The strategy returned 7.59% net of fees in the fourth quarter compared to a 7.43% return for the Russell 2500 Index. For the calendar year 2022, the strategy returned -13.54% compared to the Russell 2500 Index’s return of -18.37%. Healthcare and technology holdings contributed to the relative performance of the strategy in the quarter while energy and financials holdings detracted from performance. In addition, you can check the top 5 holdings of the fund to know its best picks in 2022.

Diamond Hill Small-Mid Cap Strategy highlighted stocks like BOK Financial Corporation (NASDAQ:BOKF) in the Q4 2022 investor letter. Headquartered in Tulsa, Oklahoma, BOK Financial Corporation (NASDAQ:BOKF) is a financial holding company. On February 21, 2023, BOK Financial Corporation (NASDAQ:BOKF) stock closed at $102.97 per share. One-month return of BOK Financial Corporation (NASDAQ:BOKF) was 4.61%, and its shares gained 1.13% of their value over the last 52 weeks. BOK Financial Corporation (NASDAQ:BOKF) has a market capitalization of $6.895 billion.

Diamond Hill Small-Mid Cap Strategy made the following comment about BOK Financial Corporation (NASDAQ:BOKF) in its Q4 2022 investor letter:

“Other top contributors included NVR, BOK Financial Corporation (NASDAQ:BOKF) and Lancaster Colony Corporation. Regional bank BOK Financial has carved out a compelling regional footprint for itself and is benefiting from its business model which effectively balances net interest margin and fee income.”

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BOK Financial Corporation (NASDAQ:BOKF) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 22 hedge fund portfolios held BOK Financial Corporation (NASDAQ:BOKF) at the end of the fourth quarter which was 18 in the previous quarter.

We discussed BOK Financial Corporation (NASDAQ:BOKF) in another article and shared Upslope Capital Management’s views on the company. In addition, please check out our hedge fund investor letters Q4 2022 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.