{"schema_version":"secwatch.filing_event.v1","accession":"0001165002-23-000025","form_type":"8-K","ticker":"WHG","cik":"0001165002","company_name":"WESTWOOD HOLDINGS GROUP INC","filed_at":"2023-02-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.011691+00:00","generated_at":"2026-06-19T10:39:24.934243+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Westwood Q4 rev $20.5M, net loss $3.1M; closed Salient acquisition","bullets":["Q4 revenue $20.5M (+6% YoY); net loss $3.1M vs net income $2.8M a year ago, including $5.3M acquisition expenses.","Acquisition of Salient Partners' asset management closed Nov 18; expected ~100% economic EPS accretion in first full year.","AUM rose to $14.8B from $11.5B QoQ, with $2.7B from Salient; AUA increased to $1.3B.","Declared $0.15/share quarterly dividend, payable April 3, 2023 to holders of record March 1.","Multiple strategies beat benchmarks; SmallCap Value, AllCap Value, Select Equity ranked top 20th percentile."],"urls":{"canonical":"https://secwatch.observer/filing/0001165002-23-000025","json":"https://secwatch.observer/filing/0001165002-23-000025.json","markdown":"https://secwatch.observer/filing/0001165002-23-000025.md","text":"https://secwatch.observer/filing/0001165002-23-000025.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1165002/000116500223000025/0001165002-23-000025-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1165002/000116500223000025/whg-20230215.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T10:39:24.934243+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6d241eec125abc8650e992860996cf868ea079c0","claim":"WESTWOOD HOLDINGS GROUP INC reported the quarter ended December 31, 2022 results: revenue $20.5 million, net income net loss of $3.1 million.","evidence_excerpt":"We reported revenues totaling $20.5 million compared with $15.4 million in the third quarter and $19.4 million a year ago, and a net loss of $3.1 million compared with a net loss of $1.2 million in the third quarter and net income of $2.8 million in last year's fourth quarter.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1165002/000116500223000025/0001165002-23-000025-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended December 31, 2022"},{"label":"Revenue","value":"$20.5 million"},{"label":"Net income","value":"net loss of $3.1 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"bcbc652c5ee1ae88e21d8dd313cb0d6d8afab1c6","claim":"WESTWOOD HOLDINGS GROUP INC reported the fiscal year ended December 31, 2022 results: net income net loss of $4.6 million, EPS $(0.59) per share.","evidence_excerpt":"2022 net loss of $4.6 million compared to 2021's net income of $9.8 million on lower revenues, higher expenses primarily related to the acquisition ($7.1 million, $1.8 million of which was incurred in the first three quarters of 2022 and included in earnings), and higher realized gains on private investments in 2021. Diluted EPS was $(0.59) per share compared with $1.23 per share for 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1165002/000116500223000025/0001165002-23-000025-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended December 31, 2022"},{"label":"Net income","value":"net loss of $4.6 million"},{"label":"EPS","value":"$(0.59) per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}