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: Quarter ended March 31, 2022
Context: This filing discloses the equity securities held by Regions Financial Corp (or its investment managers) as of the end of the first quarter of 2022. It details the issuer, class of security, CUSIP, value, and voting authority for each holding.
Key Financial Metrics
Note: As a Form 13F, this document reports portfolio holdings rather than the company's own operating financials (revenue, profit, cash flow). The following metrics reflect the reported investment portfolio.
- Portfolio Composition: The portfolio consists of a diversified mix of common stocks, preferred stocks, and Exchange Traded Funds (ETFs).
- Top Holdings by Value (Selected):
- BlackRock Advisors LLC Core S&P SCP ETF: ~$3.18 billion (Sole Discretion)
- BlackRock Advisors LLC Core MSCI EMKT: ~$749 million (Sole Discretion)
- BlackRock Fund Advisors MSCI EAFE ETF: ~$2.24 billion (Sole Discretion)
- Regions Financial Corp (Own Stock): ~$2.04 billion (Sole Discretion)
- Apple Inc: ~$1.51 billion (Sole Discretion)
- Microsoft Corp: ~$1.04 billion (Sole Discretion)
- Verizon Communications: ~$1.96 billion (Sole Discretion)
- Walmart Inc: ~$753 million (Sole Discretion)
- Voting Authority: The majority of holdings are reported under "Sole" voting authority, with a smaller portion under "Discretionary" (DFND) authority.
Material Changes
Comparison to Prior Period: The filing text provided contains only the snapshot of holdings as of March 31, 2022. It does not include the prior quarter's data (December 31, 2021) within the text body. Therefore, specific material changes (increases or decreases in positions) cannot be calculated from this source alone.
Guidance, Outlook, and Risks
Management Commentary: Not applicable. Form 13F is a regulatory disclosure of holdings and does not contain management commentary, forward-looking guidance, or strategic outlook.
Risks and Contingencies: The filing includes a standard SEC disclaimer stating that the Commission has not reviewed the information for accuracy or completeness. No specific risk factors or contingencies regarding the company's operations are disclosed in this specific form.
Investor Verification Checklist
- Portfolio Concentration: Verify the total aggregate value of the portfolio to assess concentration risk relative to the company's total assets.
- Own Stock Holdings: Confirm the size of the position in Regions Financial Corp stock (~$2.04 billion) to understand insider/management alignment.
- ETF Exposure: Review the significant holdings in BlackRock and Vanguard ETFs to understand the passive investment strategy versus active stock picking.
- Voting Rights: Distinguish between "Sole" and "Discretionary" voting authority to understand the level of control the firm exerts over its investments.
- Quarterly Comparison: Retrieve the Q4 2021 Form 13F to manually calculate net buying or selling activity for the top 10 holdings.