Arkansas Democrat-Gazette

U.K. investor adds to Bank of Ozarks stake

- — David Smith

Aberdeen Asset Management of the United Kingdom bought 162,103 shares of Bank of the Ozarks stock in the second quarter, according to Holdings Channel, a website that follows the institutio­nal ownership of public companies.

Aberdeen paid more than $6 million for the stock. It had almost 735,500 shares of Bank of the Ozarks stock valued at almost $27.6 million at the end of the second quarter, or 0.6 percent of the bank’s outstandin­g shares.

Vanguard Group Inc. of Malvern, Pa., is Bank of the Ozarks’ largest shareholde­r, with almost 6.8 million shares, or about 5.6 percent of outstandin­g shares.

Wellingon Management Group LLP of Boston, State Street Corp. of Boston and BlackRock Fund Advisors of San Francisco each owned more than 4 million shares of Bank of the Ozarks at the end of the second quarter, according to nasdaq.com.

Institutio­nal investors and hedge funds own more than 77% percent of Bank of the Ozarks stock, according to Nasdaq.

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