SEC Filing Summary: Form 13F-HR
Business Context and Reporting Period
This filing is a Form 13F-HR submitted by Bank of New York Mellon Corp (BNY Mellon) for the reporting period ended December 31, 2013. The report was signed on February 12, 2014, by Nicholas R. Darrow, Senior Vice President. This is a 13F Combination Report, meaning it covers a portion of the holdings for the reporting manager, while other portions are reported by separate managers.
The filing includes data for 34 other included managers in addition to BNY Mellon. Notable included managers listed include The Boston Company Asset Management, LLC, Mellon Capital Management Corporation, The Dreyfus Corporation, and Neuberger Berman Management, LLC.
Key Financial Metrics
As a Form 13F filing, this document reports investment holdings rather than the operating financial performance (revenue, profit, cash flow) of BNY Mellon itself. The key metrics provided relate to the aggregate portfolio managed or reported:
- Total Value of Reported Securities: $356,399,262,000 (356,399,262 thousands).
- Total Number of Holdings Entries: 22,337.
- Number of Other Included Managers: 34.
Note: The filing text does not provide values for BNY Mellon's corporate revenue, profit, margins, debt, or liquidity.
Material Changes and Disclosures
The filing contains specific disclosures regarding the completeness of the reported holdings:
- Lehman Bankruptcy Omissions: Certain Section 13(f) securities have been omitted from this report because they are subject to the Lehman bankruptcy proceeding. BNY Mellon currently lacks investment discretion over these securities and will include them in future filings once discretion is regained.
- New File Numbers: BNY Mellon has initiated the process to obtain 13F File Numbers for 5 of the "Other Included Managers" within this report.
Guidance, Outlook, and Risks
This filing type does not contain management commentary, forward-looking guidance, or strategic outlook. The primary risk disclosed is the temporary inability to report specific securities due to the ongoing Lehman bankruptcy proceedings, which limits the scope of the reported portfolio.
Key Facts for Investor Verification
- Verify the total reported value of $356.4 billion against the sum of individual holdings if detailed schedules are available.
- Confirm the status of the 5 other managers for whom BNY Mellon is seeking new 13F File Numbers.
- Monitor future filings for the inclusion of securities currently omitted due to the Lehman bankruptcy proceedings.
- Note that this report represents a combination report; investors should identify which specific holdings are reported by the 34 other included managers versus BNY Mellon directly.