Bok FinancialBOKF
13F holders, Q4 2025 (December 31)253holders +2
29new positions
35sold out
8famous investors
$118.46avg. 13F price*
At the end of Q4 2025, 253 institutions reported holding Bok Financial Corporation (BOKF) in their 13F filings, up 2 from Q3 2025. 29 opened new positions and 35 sold out. The largest holders were George Kaiser Family Foundation ($398.2M), Dimensional Fund Advisors LP ($316.7M) and Vanguard Group Inc. ($272.2M). 8 famous investors held it, including John W. Rogers Jr. (2.2% of Ariel Investments's portfolio), Cliff Asness (0.0% of AQR Capital Management's portfolio) and Ray Dalio (0.0% of Bridgewater Associates's portfolio).
- Company
- Bok Financial Corporation
- CUSIP
- 05561Q201
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 29 | $19.3M |
| Exits | 35 | $21.1M |
All 13F filers, Q3 2025 → Q4 2025: 1,703,319 shares bought and 1,191,022 shares sold, net +512,297 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 253 holders
| George Kaiser Family Foundation | 53.30% | No change | 3,361,707 | $398.2M |
| Dimensional Fund Advisors LP | 0.07% | Add +1.7% | 2,673,692 | $316.7M |
| Vanguard Group Inc. | 0.00% | Reduce -1.2% | 2,297,678 | $272.2M |
| FMR LLC | 0.01% | Add +25.2% | 1,742,924 | $206.5M |
| Ariel Investments | 2.16% | Reduce -1.8% | 1,689,307 | $200.1M |
| BlackRock, Inc. | 0.00% | Add +8.9% | 1,220,116 | $144.5M |
| Cibc World Markets Corp. | 0.66% | — | 1,105,807 | $131.0M |
| Cibc World Market Inc. | 0.19% | Add +39.0% | 908,800 | $107.7M |
| State Street Corp. | 0.00% | Add +5.3% | 872,649 | $103.4M |
| Freestone Grove Partners LP | 0.42% | Add +36.3% | 495,532 | $58.7M |
| First Trust Advisors LP | 0.04% | Reduce -16.3% | 441,491 | $52.3M |
| Geode Capital Management, LLC | 0.00% | Add +1.2% | 423,544 | $50.2M |
| AQR Capital Management | 0.02% | Reduce -9.5% | 380,664 | $45.1M |
| Two Sigma Investments, LP | 0.05% | Add +91.6% | 277,357 | $32.9M |
| Norges Bank | 0.00% | — | 276,507 | $32.8M |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.03% | Add +33.3% | 253,607 | $30.0M |
| Allspring Global Investments Holdings, LLC | 0.05% | Reduce -3.2% | 250,157 | $29.7M |
| Morgan Stanley | 0.00% | Add +27.9% | 235,096 | $27.8M |
| Victory Capital Management Inc. | 0.01% | Reduce -5.4% | 221,461 | $26.2M |
| Charles Schwab Investment Management Inc. | 0.00% | Reduce -0.3% | 219,491 | $26.0M |
| Blair William & Co. | 0.06% | Add +0.0% | 195,182 | $23.1M |
| Jacobs Levy Equity Management, Inc. | 0.07% | Reduce -42.6% | 162,511 | $19.3M |
| Bank of New York Mellon Corp | 0.00% | Reduce -11.6% | 160,389 | $19.0M |
| Two Sigma Advisers, LP | 0.03% | Add +258.6% | 146,983 | $17.4M |
| Northern Trust Corp. | 0.00% | Add +2.9% | 144,235 | $17.1M |
| Bokf, NA | 0.23% | Add +5.0% | 128,302 | $15.2M |
| Avenir Corp. | 1.61% | Reduce -0.4% | 124,997 | $14.8M |
| UBS Group AG | 0.00% | Add +19.8% | 124,240 | $14.7M |
| Treasurer of the State of North Carolina | 0.04% | Reduce -0.8% | 102,535 | $12.1M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Reduce -1.8% | 78,141 | $9.3M |
| Invesco Ltd. | 0.00% | Add +26.9% | 74,277 | $8.8M |
| Goldman Sachs Group Inc. | 0.00% | Reduce -8.5% | 70,156 | $8.3M |
| Quantinno Capital Management LP | 0.02% | Add +19.6% | 67,144 | $8.0M |
| Dark Forest Capital Management LP | 0.32% | Add +316.1% | 59,939 | $7.1M |
| Bank of America Corp. | 0.00% | Reduce -13.5% | 59,328 | $7.0M |
| Arrowstreet Capital, Limited Partnership | 0.00% | Reduce -9.2% | 57,003 | $6.8M |
| Cambiar Investors LLC | 0.27% | Reduce -20.9% | 50,350 | $6.0M |
| Prescott Group Capital Management, L.L.C. | 0.55% | No change | 49,993 | $5.9M |
| Russell Investments Group, Ltd. | 0.01% | Reduce -66.8% | 49,570 | $5.9M |
| Royce & Associates LP | 0.05% | Reduce -7.1% | 45,637 | $5.4M |
| Barclays PLC | 0.00% | Add +1527.2% | 45,367 | $5.4M |
| FIL Ltd | 0.00% | New | 45,000 | $5.3M |
| Swiss National Bank | 0.00% | Add +0.9% | 43,974 | $5.2M |
| Citigroup Inc. | 0.00% | Add +10.7% | 42,740 | $5.1M |
| Pathstone Holdings, LLC | 0.02% | Add +652.1% | 42,026 | $5.0M |
| D. E. Shaw & Co. | 0.00% | Add +7.5% | 40,365 | $4.8M |
| Wells Fargo & Company | 0.00% | Reduce -34.1% | 39,558 | $4.7M |
| Balyasny Asset Management L.P. | 0.01% | Add +64.5% | 39,125 | $4.6M |
| Verition Fund Management LLC | 0.03% | Reduce -3.4% | 38,634 | $4.6M |
| Citadel Advisors | 0.00% | Reduce -83.8% | 36,774 | $4.4M |
| Rafferty Asset Management, LLC | 0.01% | Reduce -0.6% | 36,370 | $4.3M |
| Palisade Capital Management, LP | 0.13% | Reduce -28.8% | 32,125 | $3.8M |
| Nuveen, LLC | 0.00% | Reduce -5.7% | 32,042 | $3.8M |
| Reinhart Partners, Llc. | 0.11% | Reduce -53.0% | 30,190 | $3.6M |
| Squarepoint Ops LLC | 0.01% | New | 26,688 | $3.2M |
| Rhumbline Advisers | 0.00% | Reduce -0.8% | 25,958 | $3.1M |
| Susquehanna International Group, LLP | 0.00% | Reduce -29.9% | 25,347 | $3.0M |
| AlphaQuest LLC | 0.16% | Add +1003.0% | 23,461 | $2.8M |
| California State Teachers Retirement System | 0.00% | Reduce -4.0% | 20,915 | $2.5M |
| Legal & General Group Plc | 0.00% | Reduce -7.8% | 20,281 | $2.4M |
| Renaissance Technologies | 0.00% | Reduce -52.6% | 19,577 | $2.3M |
| Sei Investments Co. | 0.00% | Add +2.9% | 19,530 | $2.3M |
| Martin & Co. Inc. | 0.38% | Add +3.5% | 18,786 | $2.2M |
| T. Rowe Price Associates Inc. | 0.00% | Add +1.3% | 18,461 | $2.2M |
| Polaris Capital Management, LLC | 0.18% | No change | 18,164 | $2.2M |
| VELA Investment Management, LLC | 0.58% | Reduce -20.0% | 17,849 | $2.1M |
| Diamond Hill Capital Management, LLC (Investment Advisor) | 0.01% | Reduce -46.1% | 17,471 | $2.1M |
| JPMorgan Chase & Co. | 0.00% | Reduce -8.0% | 16,833 | $2.0M |
| Vest Financial, LLC | 0.02% | Add +11.4% | 15,132 | $1.8M |
| Isthmus Partners, LLC | 0.20% | New | 14,981 | $1.8M |
| Bridgewater Associates | 0.01% | Reduce -73.2% | 13,011 | $1.5M |
| Capstone Investment Advisors, LLC | 0.02% | Add +129.5% | 12,960 | $1.5M |
| Probity Advisors, Inc. | 0.24% | Add +3.4% | 12,847 | $1.5M |
| American Century Companies Inc. | 0.00% | Add +1.8% | 12,630 | $1.5M |
| State Board of Administration of Florida Retirement System | 0.00% | No change | 12,617 | $1.5M |
| Occudo Quantitative Strategies LP | 0.09% | New | 11,274 | $1.3M |
| King Luther Capital Management Corp. | 0.01% | No change | 11,150 | $1.3M |
| HRT Financial LP | 0.00% | New | 11,051 | $1.3M |
| Galvin, Gaustad & Stein, LLC | 0.10% | No change | 10,815 | $1.3M |
| New York State Common Retirement Fund | 0.00% | No change | 10,751 | $1.3M |
| Inceptionr LLC | 0.34% | Add +100.8% | 10,392 | $1.2M |
| Man Group plc | 0.00% | New | 10,298 | $1.2M |
| Creative Planning | 0.00% | Reduce -2.1% | 9,899 | $1.2M |
| Alliancebernstein L.P. | 0.00% | Reduce -1.7% | 9,895 | $1.2M |
| Point72 Asset Management | 0.00% | Reduce -92.7% | 9,494 | $1.1M |
| Janus Henderson Group PLC | 0.00% | No change | 9,460 | $1.1M |
| Police & Firemen's Retirement System of New Jersey | 0.01% | Reduce -3.4% | 9,397 | $1.1M |
| Public Employees Retirement System of Ohio | 0.00% | Reduce -3.0% | 8,742 | $1.0M |
| Gsa Capital Partners LLP | 0.08% | Reduce -26.4% | 8,076 | $957K |
| Ritholtz Wealth Management | 0.02% | New | 8,078 | $957K |
| Summit Trail Advisors, LLC | 0.02% | Reduce -0.2% | 7,605 | $901K |
| Nisa Investment Advisors, LLC | 0.00% | No change | 7,526 | $892K |
| HighTower Advisors, LLC | 0.00% | Reduce -7.1% | 7,315 | $867K |
| Envestnet Asset Management Inc. | 0.00% | Reduce -68.8% | 7,254 | $859K |
| Neuberger Berman Group LLC | 0.00% | Reduce -1.0% | 6,794 | $805K |
| Manufacturers Life Insurance Company, The | 0.00% | Add +2.3% | 6,717 | $796K |
| Handelsbanken Fonder AB | 0.00% | No change | 6,472 | $767K |
| Aigen Investment Management, LP | 0.18% | Add +42.9% | 6,402 | $758K |
| Arizona State Retirement System | 0.00% | Reduce -6.8% | 6,195 | $734K |
| Parallel Advisors, LLC | 0.01% | Reduce -2.9% | 6,157 | $729K |
| Cowa, LLC | 0.22% | Add +1.7% | 6,123 | $725K |
| Ameriprise Financial Inc. | 0.00% | Add +0.2% | 6,045 | $716K |
| Focus Partners Wealth | 0.00% | Add +62.3% | 5,950 | $705K |
| Elk River Wealth Management LLC | 0.11% | Add +8.8% | 5,880 | $697K |
| Allianz Asset Management GmbH | 0.00% | No change | 5,782 | $685K |
| BNP Paribas Financial Markets | 0.00% | Reduce -24.6% | 5,631 | $667K |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.00% | Add +7.3% | 5,621 | $666K |
| Schonfeld Strategic Advisors LLC | 0.00% | New | 5,438 | $644K |
| SG Americas Securities, LLC | 0.00% | Add +11.3% | 5,312 | $629K |
| EntryPoint Capital, LLC | 0.23% | No change | 4,975 | $589K |
| KLP Kapitalforvaltning As | 0.00% | No change | 4,827 | $572K |
| DRW Securities, LLC | 0.04% | New | 4,811 | $570K |
| Raymond James Financial Inc. | 0.00% | Reduce -3.8% | 4,437 | $526K |
| Tidal Investments LLC | 0.00% | Add +3.6% | 4,334 | $513K |
| Gotham Asset Management | 0.00% | Reduce -0.4% | 4,323 | $512K |
| Tulsa Wealth Advisors, INC | 0.17% | — | 4,241 | $502K |
| Greenleaf Trust | 0.00% | Add +0.1% | 4,219 | $500K |
| Mercer Global Advisors Inc. | 0.00% | Reduce -23.5% | 4,183 | $495K |
| Teacher Retirement System of Texas | 0.00% | Reduce -39.7% | 4,100 | $486K |
| Sequoia Financial Advisors, LLC | 0.00% | Add +103.1% | 4,082 | $484K |
| Aquatic Capital Management LLC | 0.01% | New | 3,773 | $447K |
| Vanguard Personalized Indexing Management, LLC | 0.00% | Add +1.7% | 3,710 | $439K |
| Pictet Asset Management Holding SA | 0.00% | No change | 3,696 | $438K |
| Meritage Portfolio Management | 0.03% | Reduce -17.9% | 3,444 | $408K |
| PNC Financial Services Group, Inc. | 0.00% | Add +15.0% | 3,349 | $397K |
| Concurrent Investment Advisors, LLC | 0.00% | Add +1.4% | 3,253 | $385K |
| Syon Capital LLC | 0.02% | Add +10.4% | 3,250 | $385K |
| Laird Norton Wetherby Trust Company, LLC | 0.01% | New | 3,209 | $380K |
| O'shaughnessy Asset Management, LLC | 0.00% | Reduce -9.9% | 3,076 | $364K |
| Anchyra Partners LLC | 0.11% | — | 2,915 | $345K |
| LPL Financial LLC | 0.00% | Reduce -21.9% | 2,882 | $341K |
| FORA Capital, LLC | 0.04% | New | 2,844 | $337K |
| Legacy Wealth Asset Management, LLC | 0.08% | Reduce -31.5% | 2,725 | $323K |
| Forum Financial Management, LP | 0.00% | No change | 2,689 | $319K |
| Centiva Capital, LP | 0.02% | New | 2,686 | $318K |
| &partners | 0.00% | Reduce -16.6% | 2,671 | $316K |
| NorthRock Partners, LLC | 0.01% | Reduce -0.3% | 2,667 | $316K |
| Ironwood Investment Counsel, LLC | 0.04% | No change | 2,573 | $305K |
| Heritage Trust Co | 0.03% | No change | 2,568 | $304K |
| Corient Private Wealth LP | 0.00% | New | 2,539 | $301K |
| MQS Management LLC | 0.17% | New | 2,463 | $292K |
| Capital Advisors Inc. | 0.00% | No change | 2,458 | $291K |
| Rockefeller Capital Management L.P. | 0.00% | Add +142.6% | 2,411 | $286K |
| CANADA LIFE ASSURANCE Co | 0.00% | No change | 2,390 | $283K |
| Aster Capital Management (DIFC) Ltd | 0.12% | Add +547.3% | 2,382 | $282K |
| Westwood Holdings Group Inc. | 0.00% | Reduce -10.1% | 2,370 | $281K |
| MML Investors Services, LLC | 0.00% | New | 2,368 | $281K |
| M&T Bank Corp | 0.00% | Add +14.7% | 2,357 | $279K |
| Stifel Financial Corp. | 0.00% | Reduce -24.3% | 2,336 | $277K |
| Commerce Bank | 0.00% | No change | 2,290 | $271K |
| Royal Bank of Canada | 0.00% | Reduce -8.6% | 2,188 | $259K |
| CIBC Asset Management Inc | 0.00% | No change | 2,081 | $247K |
| Deutsche Bank AG | 0.00% | Reduce -47.8% | 2,055 | $243K |
| Wealth Enhancement Advisory Services, LLC | 0.00% | Add +10.7% | 1,962 | $240K |
| Bank of Montreal | 0.00% | Reduce -2.5% | 1,984 | $235K |
| SageView Advisory Group, LLC | 0.01% | Reduce -1.0% | 1,936 | $229K |
| VARCOV Co. | 0.09% | — | 1,919 | $227K |
| Cerity Partners LLC | 0.00% | Reduce -4.0% | 1,883 | $223K |
| Childress Capital Advisors, LLC | 0.03% | New | 1,783 | $211K |
| Federation des caisses Desjardins du Quebec | 0.00% | Add +16.3% | 1,768 | $209K |
| Captrust Financial Advisors | 0.00% | Reduce -24.5% | 1,764 | $209K |
| Sanctuary Advisors, LLC | 0.00% | Reduce -34.0% | 1,753 | $208K |
| Jefferies Financial Group Inc. | 0.00% | New | 1,721 | $204K |
| GAMMA Investing LLC | 0.01% | Add +8.4% | 1,572 | $186K |
| US Bancorp \de | 0.00% | Reduce -4.5% | 1,452 | $172K |
| Hamilton Capital Partners Inc. | 0.01% | Reduce -50.0% | 1,432 | $170K |
| Sprucegrove Investment Management Ltd. | 0.02% | No change | 1,400 | $166K |
| Wealth Enhancement Trust Services, Inc. | 0.02% | — | 1,358 | $161K |
| Sterling Capital Management LLC | 0.00% | Reduce -4.3% | 1,308 | $155K |
| Amalgamated Bank | 0.00% | Add +15.1% | 1,276 | $151K |
| Osaic Holdings, Inc. | 0.00% | Reduce -10.0% | 1,114 | $132K |
| Cwm, LLC | 0.00% | Reduce -2.3% | 1,114 | $132K |
| Quadrant Capital Group LLC | 0.00% | Add +3.7% | 1,090 | $129K |
| Chilton Capital Management LLC | 0.00% | Add +0.5% | 935 | $111K |
| GHP Investment Advisors, Inc. | 0.00% | No change | 875 | $104K |
| KBC Group NV | 0.00% | No change | 857 | $102K |
| Tower Research Capital LLC (TRC) | 0.00% | Add +201.5% | 799 | $95K |
| STRS Ohio | 0.00% | Add +0.2% | 530 | $63K |
| Olistico Wealth, LLC | 0.03% | New | 500 | $59K |
| Steward Partners Investment Advisory, LLC | 0.00% | New | 500 | $59K |
| Caitong International Asset Management Co., Ltd | 0.01% | Add +43900.0% | 440 | $52K |
| Quent Capital, LLC | 0.00% | Add +2.9% | 432 | $51K |
| Covestor Ltd | 0.02% | Add +108.0% | 366 | $43K |
| MetLife Investment Management, LLC | 0.00% | Reduce -1.6% | 362 | $43K |
| Daiwa Securities Group Inc. | 0.00% | Reduce -82.0% | 310 | $37K |
| Comerica Bank | 0.00% | Reduce -1.4% | 289 | $34K |
| Ancora Advisors LLC | 0.00% | New | 288 | $34K |
| EverSource Wealth Advisors, LLC | 0.00% | Reduce -36.9% | 275 | $33K |
| Pinnacle Holdings, LLC | 0.01% | New | 260 | $31K |
| Root Financial Partners, LLC | 0.00% | Add +16.3% | 235 | $28K |
| Nomura Asset Management Co. Ltd. | 0.00% | No change | 230 | $27K |
| Farther Finance Advisors, LLC | 0.00% | Add +173.1% | 213 | $25K |
| Allworth Financial LP | 0.00% | Reduce -12.4% | 190 | $23K |
| Eurizon Capital SGR S.p.A. | 0.00% | — | 187 | $22K |
| Parkside Financial Bank & Trust | 0.00% | Reduce -17.4% | 185 | $22K |
| Northwestern Mutual Wealth Management Co. | 0.00% | Reduce -2.1% | 185 | $22K |
| CENTRAL TRUST Co | 0.00% | No change | 150 | $18K |
| MAI Capital Management | 0.00% | Add +13.9% | 147 | $17K |
| City State Bank | 0.00% | No change | 136 | $16K |
| Whittier Trust Co. | 0.00% | No change | 122 | $15K |
| Versant Capital Management, Inc | 0.00% | Reduce -52.0% | 123 | $15K |
| Signaturefd, LLC | 0.00% | Add +68.1% | 116 | $14K |
| Basecamp Wealth Advisors LLC | 0.00% | — | 115 | $14K |
| Private Trust Co. NA | 0.00% | Reduce -31.0% | 107 | $13K |
| Torren Management, LLC | 0.01% | — | 106 | $13K |
| Los Angeles Capital Management LLC | 0.00% | New | 119 | $12K |
| Smartleaf Asset Management LLC | 0.00% | Reduce -32.4% | 96 | $11K |
| LRI Investments, LLC | 0.00% | No change | 94 | $11K |
| Jones Financial Companies LLLP | 0.00% | No change | 72 | $9K |
| JFS Wealth Advisors, LLC | 0.00% | Add +56.1% | 64 | $8K |
| Blue Trust, Inc. | 0.00% | No change | 56 | $7K |
| First Horizon Corp. | 0.00% | No change | 52 | $6K |
| Marquette Asset Management, LLC | 0.00% | New | 50 | $6K |
| Elyxium Wealth, LLC | 0.00% | New | 48 | $6K |
| IFP Advisors, Inc | 0.00% | Reduce -12.7% | 48 | $6K |
| Ares Financial Consulting, LLC | 0.00% | — | 43 | $5K |
| Keating Financial Advisory Services, Inc. | 0.00% | — | 35 | $4K |
| Elevation Wealth Partners, LLC | 0.00% | New | 33 | $4K |
| Pinnacle Wealth Planning Services, Inc. | 0.00% | New | 29 | $3K |
| Bell Investment Advisors, Inc | 0.00% | No change | 28 | $3K |
| Hughes Financial Services, LLC | 0.00% | No change | 28 | $3K |
| Brown Brothers Harriman & Co. | 0.00% | No change | 27 | $3K |
| Rossby Financial, LCC | 0.00% | New | 24 | $3K |
| Fortitude Family Office, LLC | 0.00% | Reduce -8.7% | 21 | $2K |
| Sachetta, LLC | 0.00% | No change | 20 | $2K |
| Private Wealth Management Group, LLC | 0.00% | No change | 20 | $2K |
| Arax Advisory Partners | 0.00% | Reduce -97.8% | 18 | $2K |
| True Wealth Design, LLC | 0.00% | Reduce -5.6% | 17 | $2K |
| SouthState Bank Corp | 0.00% | No change | 17 | $2K |
| Hantz Financial Services, Inc. | 0.00% | No change | 16 | $2K |
| DiNuzzo Private Wealth, Inc. | 0.00% | No change | 16 | $2K |
| Bogart Wealth, LLC | 0.00% | Add +50.0% | 15 | $2K |
| Rialto Wealth Management, LLC | 0.00% | Add +16.7% | 14 | $2K |
| Clearstead Advisors, LLC | 0.00% | Add +27.3% | 14 | $2K |
| Larson Financial Group LLC | 0.00% | Add +30.0% | 13 | $2K |
| Fifth Third Bancorp | 0.00% | No change | 12 | $1K |
| MassMutual Private Wealth & Trust, FSB | 0.00% | No change | 12 | $1K |
| Principia Wealth Advisory, LLC | 0.00% | No change | 11 | $1K |
| Capital Advisors, Ltd. LLC | 0.00% | No change | 6 | $1K |
| Cornerstone Financial Management LLC | 0.00% | — | 8 | $948 |
| SJS Investment Consulting Inc. | 0.00% | Reduce -75.0% | 7 | $830 |
| Bay Harbor Wealth Management, LLC | 0.00% | Add +40.0% | 7 | $829 |
| Horizon Investments, LLC | 0.00% | New | 7 | $829 |
| AdvisorNet Financial, Inc | 0.00% | No change | 6 | $711 |
| HFM Investment Advisors, LLC | 0.00% | No change | 5 | $593 |
| Physician Wealth Advisors, Inc. | 0.00% | No change | 5 | $593 |
| UMB Bank, n.a. | 0.00% | No change | 5 | $592 |
| Assetmark, Inc. | 0.00% | No change | 5 | $592 |
| Sunbelt Securities, Inc. | 0.00% | Reduce -50.0% | 5 | $592 |
| Bruce G. Allen Investments, LLC | 0.00% | No change | 3 | $355 |
| DecisionPoint Financial, LLC | 0.00% | No change | 2 | $237 |
| TFC Financial Management, Inc. | 0.00% | No change | 1 | $119 |
| Avion Wealth | 0.00% | No change | 8 | $0 |
"% of holder's portfolio" is BOKF's weight in each manager's 13F, not the share of Bok Financial Corporation the manager owns.