SEC Filing Summary: Form 13F Information Table
Business Context and Reporting Period
Company: Regions Financial Corp
Filing Type: Form 13F Information Table (Schedule of Holdings)
Reporting Period: Second Quarter ended June 30, 2022
Context: This filing discloses the equity securities held by Regions Financial Corp as a registered investment manager. The data reflects holdings managed under both "Sole" and "Discretionary" (DFND) authority. The filing does not contain the company's own financial performance metrics (revenue, profit, etc.) but rather its investment portfolio composition.
Key Financial Metrics and Portfolio Composition
Portfolio Overview: The filing lists hundreds of individual equity positions, including common stocks, preferred stocks, and Exchange Traded Funds (ETFs). Values are reported in thousands of dollars.
- Top Equity Holdings (Sole Discretionary):
- Apple Inc: 1,486,469 shares valued at $203,230,000.
- Microsoft Corp: 992,886 shares valued at $255,003,000.
- Amazon.com Inc: 644,509 shares valued at $68,453,000.
- Exxon Mobil Corp: 1,500,792 shares valued at $128,528,000.
- Regions Financial Corp (Self-Holding): 1,987,102 shares valued at $37,258,000.
- Significant ETF Holdings:
- iShares Core S&P 500 ETF: 1,223,957 shares valued at $464,063,000.
- Vanguard FTSE Developed Markets ETF: 4,058,862 shares valued at $165,602,000.
- iShares Core MSCI EAFE ETF: 882,916 shares valued at $51,960,000.
- Debt and Liquidity: The filing does not provide data on the company's corporate debt, cash flow, or liquidity ratios. It only lists specific debt securities held as investments (e.g., Ares Capital Corp Note, Prospect Capital Corp Note).
Material Changes and Voting Authority
Voting Authority: The table distinguishes between shares with "Sole" voting authority and those with "Shared" or "None" authority. A significant portion of the portfolio is held with Sole voting authority, indicating direct control over voting decisions for those specific accounts.
Comparative Data: This specific filing text does not provide a side-by-side comparison with the prior quarter (March 31, 2022). Therefore, material changes in position size (buying or selling activity) cannot be calculated from this document alone.
Guidance, Outlook, and Risks
Management Commentary: Form 13F filings are strictly data-driven and do not contain management commentary, forward-looking guidance, or strategic outlooks.
Risks and Contingencies: No specific risk factors or contingencies are disclosed in this table. The filing includes a standard SEC disclaimer stating that the Commission has not reviewed the information for accuracy or completeness.
Key Facts for Investor Verification
- Self-Holding: Verify the size of the company's own stock (Regions Financial Corp) held in its investment accounts, which totaled approximately 1.99 million shares under Sole authority.
- Concentration Risk: Note the heavy concentration in large-cap technology and energy sectors (Apple, Microsoft, Exxon, Chevron) and broad market ETFs.
- Valuation Basis: Confirm that all values are reported in thousands (e.g., 203,230 represents $203.23 million).
- Missing Financials: Do not use this document to assess Regions Financial Corp's operational profitability, loan portfolio health, or capital adequacy; refer to the company's 10-Q or 10-K filings for those metrics.