SEC Filing Summary: Form 13F Information Table
Business Context and Reporting Period
Company: Tompkins Financial Corp
Filing Type: Form 13F Information Table
Reporting Period: Quarter ended September 30, 2021
Context: This filing discloses the equity securities held by Tompkins Financial Corp as a registered investment manager. The table lists individual holdings, including common stocks, preferred stocks, and exchange-traded funds (ETFs), along with voting authority and investment discretion.
Key Financial Metrics and Portfolio Composition
Portfolio Overview: The filing details a diversified portfolio consisting of large-cap equities, sector-specific ETFs, and international holdings. The data provides share counts and total value (in thousands) for each position but does not report aggregate portfolio value, revenue, profit, or cash flow for Tompkins Financial Corp itself.
Top Holdings by Value (Selected):
- Apple Inc: 244,116 shares (Sole Discretion) valued at $34,542,000.
- Microsoft Corp: 105,740 shares (Sole Discretion) valued at $29,809,000.
- Verizon Communications Inc: 134,012 shares (Sole Discretion) valued at $7,237,000.
- WisdomTree Tr (Emerging Markets ETF): 736,705 shares (Sole Discretion) valued at $27,486,000.
- Tompkins Finl Corp (Own Stock): 252,357 shares (Sole Discretion) valued at $20,416,000.
- Amazon.com Inc: 2,535 shares (Sole Discretion) valued at $8,328,000.
- Alphabet Inc: 3,368 shares (Sole Discretion) valued at $9,004,000.
Debt and Liquidity: The filing text does not provide data on the company's debt levels, liquidity ratios, or cash flow statements. It strictly reports long-only equity positions.
Material Changes and Voting Authority
Voting Authority: The majority of positions are held with "Sole" voting authority. A significant number of positions also include "Shared" voting authority, indicating co-management or specific fund structures. "None" voting authority is listed for certain positions, often associated with specific fund classes or restricted shares.
Investment Discretion: Most holdings are managed with "Sole" discretion. A subset of holdings is marked as "DFND" (Defined), suggesting these positions may be held in a defined benefit plan or similar structure where discretion is limited or shared.
Comparison to Prior Period: This filing is a snapshot of holdings as of September 30, 2021. The text does not contain comparative data against the prior quarter (June 30, 2021) to determine material changes in position size or new entries/exits.
Guidance, Outlook, and Risks
Management Commentary: Form 13F filings are statutory disclosures and do not contain management commentary, forward-looking guidance, or strategic outlooks.
Risks and Contingencies: The filing does not disclose specific risk factors or contingencies. However, the portfolio composition indicates exposure to market volatility across technology, healthcare, financials, and consumer discretionary sectors. The significant holding of ETFs (e.g., WisdomTree, iShares, Vanguard) suggests a strategy utilizing broad market exposure alongside individual stock picking.
Investor Verification Checklist
- Aggregate Portfolio Value: Verify the total value of the portfolio by summing the "Value" column, noting that the filing lists values in thousands.
- Concentration Risk: Assess the percentage of the total portfolio held in the top 10 positions (e.g., Apple, Microsoft, WisdomTree ETFs) to evaluate concentration risk.
- Own Stock Holding: Confirm the size of the position in Tompkins Financial Corp's own stock ($20.4M) relative to the total portfolio to gauge insider confidence or internal fund allocation.
- Discretionary vs. Defined: Review the "Investment Discretion" column to distinguish between actively managed positions ("Sole") and those in defined plans ("DFND").
- Missing Data: Note that revenue, earnings, and debt metrics for Tompkins Financial Corp are not present in this document and must be sourced from 10-Q or 10-K filings.