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New York State Common Retirement Fund Has $28,000 Holdings in Bank7 Corp. (NASDAQ:BSVN)

The New York State Common Retirement Fund is a public pension fund that manages retirement benefits for state employees and retirees. As of 2021, the fund has over $200 billion in assets under management, making it one of the largest pension funds in the United States.

One of the investments held by the New York State Common Retirement Fund is Bank7 Corp., a financial services company based in Texas. The fund has approximately $28,000 holdings in Bank7 Corp.'s NASDAQ stock ticker symbol, BSVN. This represents a small portion of the fund's overall portfolio, but it is still significant given the size of the fund.

Bank7 Corp. was founded in 1995 and provides a range of financial services, including banking, lending, and investment management. The company operates primarily in Texas and has a strong focus on serving underserved communities. In recent years, Bank7 Corp. has faced some challenges, including regulatory scrutiny and concerns about its lending practices. However, the company remains a significant player in the financial services industry and continues to grow its business.

It's worth noting that the New York State Common Retirement Fund is a public pension fund, which means it is funded by contributions from state employees and retirees, as well as investment returns on the fund's assets. The fund's investments are managed by a team of professional investors who seek to maximize returns while minimizing risk. As such, the fund's holdings in Bank7 Corp. are just one part of a larger portfolio that is designed to meet the long-term needs of the state's pension system.


Published 63 days ago

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