SEC Filing Summary: Form 13F Information Table
Business Context and Reporting Period
Company: Tompkins Financial Corp
Filing Type: Form 13F Information Table (Schedule of Holdings)
Reporting Period: Quarter ended June 30, 2013
Context: This filing discloses the equity securities held by Tompkins Financial Corp as a registered investment manager. The table lists individual holdings, share counts, and voting authority. It does not contain the company's own financial performance metrics (revenue, profit, cash flow) or management commentary.
Key Financial Metrics and Holdings
Total Portfolio Value: The filing lists individual security values in thousands of dollars but does not provide a consolidated total portfolio value in the text.
Top Holdings by Value (Selected):
- Tompkins Financial Corp (Self-Holding): $24,049,000 (22,075 shares sole + 1,974 shares shared)
- General Electric Co: $4,011,000 (173,062 shares)
- Exxon Mobil Corp: $6,452,000 (71,416 shares)
- International Business Machines (IBM): $5,612,000 (29,368 shares)
- Microsoft Corp: $3,055,000 (88,462 shares)
- Johnson & Johnson: $3,653,000 (42,547 shares)
- Procter & Gamble Co: $3,008,000 (39,073 shares)
- PowerShares S&P 500 ETF: $15,277,000 (491,083 shares)
- Vanguard Tax Managed Intl Fd: $26,370,000 (740,955 shares)
- WisdomTree Emerging Mkts Eq ETF: $15,283,000 (316,226 shares)
Debt and Liquidity: Not applicable. This filing reports equity holdings, not the company's balance sheet liabilities or cash positions.
Material Changes
Comparison to Prior Period: The filing text provided is a static snapshot of holdings as of June 30, 2013. It does not contain data for the prior quarter (March 31, 2013) or a summary of purchases and sales. Therefore, material changes in position size cannot be determined from this text alone.
Guidance, Outlook, and Risks
Management Commentary: None. Form 13F is a regulatory disclosure of holdings and does not include forward-looking statements, guidance, or management discussion.
Risks and Contingencies: None disclosed in this specific filing type.
Unusual Items: The portfolio includes a significant position in the company's own stock (Tompkins Financial Corp) and a heavy weighting in Exchange Traded Funds (ETFs) covering broad market indices, international markets, and specific sectors like bonds and emerging markets.
Investor Verification Checklist
- Self-Holding: Verify the purpose and size of the $24 million position in Tompkins Financial Corp's own stock.
- ETF Concentration: Assess the exposure to broad market movements given the large holdings in PowerShares S&P 500, Vanguard International, and WisdomTree Emerging Markets ETFs.
- Voting Authority: Note that for many large positions (e.g., Pfizer, Intel, Cisco), the company holds "Shared" voting authority, indicating potential co-management or custodial arrangements.
- Missing Data: Confirm total portfolio value and net changes from the previous quarter by cross-referencing with the 13F-HR filing or the company's 10-Q for the same period.