SEC Filing Summary: Tompkins Financial Corp (13F-HR)
Business Context and Reporting Period
This filing is a Form 13F-HR submitted by Tompkins Financial Corp, a registered investment adviser, reporting its holdings in equity securities as of the period ending December 31, 2005. The filing details the portfolio composition, including the number of shares held, market value, and voting authority for each issuer.
Key Financial Metrics
The filing provides aggregate portfolio data rather than the company's own operating financials (revenue, profit, cash flow). Key portfolio metrics include:
- Total Portfolio Value: $302,090,000 (reported in thousands).
- Total Shares Held: 7,068,106 shares.
- Voting Authority Breakdown:
- Sole Discretion: 6,488,678 shares.
- Shared Discretion: 0 shares.
- None (Defined/Other): 579,428 shares.
- Top Holdings by Value:
- Tompkins Trustco Inc: $46,556,000 (985,761 shares).
- Exxon Mobil Corp: $13,163,000 (234,352 shares).
- General Electric Co: $11,334,000 (323,497 shares).
- Microsoft Corp: $5,540,000 (211,951 shares).
- Johnson & Johnson: $6,966,000 (115,919 shares).
Material Changes vs. Prior Period
Not Applicable. This filing text contains only the snapshot of holdings as of December 31, 2005. It does not include comparative data from the prior quarter or year, nor does it explicitly list additions or deletions made during the period. Therefore, material changes cannot be determined from this document alone.
Guidance, Outlook, and Risks
Not Applicable. Form 13F filings are statutory disclosures of holdings and do not contain management commentary, forward-looking guidance, risk factors, or contingency plans. The filing lists holdings in diverse sectors including Technology (Microsoft, Intel, Cisco), Healthcare (Pfizer, UnitedHealth, Medtronic), Financials (JPMorgan, Bank of America, Wells Fargo), and Energy (Exxon, Chevron, Schlumberger).
Investor Verification Checklist
- Concentration Risk: Verify the impact of the largest holding, Tompkins Trustco Inc (approx. 15.4% of total reported value), on the portfolio's overall performance.
- Voting Rights: Confirm the extent of "None" voting authority (approx. 8.2% of total shares), which may indicate holdings in defined benefit plans or other restricted accounts.
- Valuation Basis: Note that values are reported in thousands; ensure calculations for total exposure account for this multiplier.
- Portfolio Turnover: Compare this list against the Q3 2005 13F filing to identify specific trades executed in Q4 2005.