SEC Form 13F Information Table Summary
Business Context and Reporting Period
This filing is a Form 13F Information Table submitted to the U.S. Securities and Exchange Commission by Lloyds Banking Group Plc. The reporting period covers holdings as of September 30, 2016. This form discloses the issuer's holdings of U.S. equity securities and does not contain the issuer's own financial performance data.
Key Financial Metrics and Holdings
The filing details a portfolio of U.S. equities and exchange-traded funds (ETFs). Key metrics include:
- Total Positions: The table lists 53 distinct securities held.
- Largest Holding by Value: JPMorgan Chase & Co. (JPM), valued at $1,878,000 (28,209 shares).
- Top Holdings by Share Count:
- Charles Schwab Corp: 10,167 shares ($321,000)
- Globus Medical Inc: 8,462 shares ($190,000)
- BorgWarner Inc: 7,061 shares ($248,000)
- Investment Discretion: All listed positions are marked as "DFND" (Discretionary).
- Voting Authority: Lloyds Banking Group Plc holds Sole voting authority for all reported positions; no shared or none voting authority is reported.
Material Changes and Portfolio Composition
As this is a snapshot of holdings at a specific date, the filing does not provide comparative data against a prior period to calculate material changes in value or quantity. The portfolio is diversified across multiple sectors, including:
- Financials: JPMorgan Chase, Charles Schwab, M&T Bank, American International Group, Moody's Corp.
- Technology: Apple, Dell Technologies, Oracle, Qualcomm, Texas Instruments.
- Healthcare: Amgen, Baxter International, Gilead Sciences, Pfizer, Globus Medical.
- Consumer Staples/Discretionary: PepsiCo, CVS Caremark, TJX Cos, Estee Lauder, Starbucks.
- Energy/Industrials: Chevron, Schlumberger, EOG Resources, Deere & Co, Honeywell.
Guidance, Risks, and Contingencies
The filing text does not provide management commentary, future guidance, or specific risk factors related to Lloyds Banking Group Plc's operations. The document includes a standard SEC disclaimer stating that the Commission has not reviewed the information for accuracy or completeness.
Important Facts for Investor Verification
- Verify that the reported share counts and values align with market prices as of September 30, 2016.
- Note that the largest single position (JPMorgan Chase) represents a significant portion of the disclosed U.S. equity exposure.
- Confirm that "DFND" indicates Lloyds Banking Group Plc exercised full discretionary control over these specific investments.
- Recognize that this filing reflects only U.S. securities holdings and does not represent the bank's total global asset base or liabilities.