SEC Filing Summary: Form 13F Information Table
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 June 30, 2016. This document discloses the issuer's equity securities held in the United States, detailing the number of shares, value, and voting authority for each position.
Key Financial Metrics and Portfolio Composition
The filing does not report Lloyds Banking Group's internal financial performance (revenue, profit, cash flow, or debt). Instead, it details the value of external equity investments held by the institution. Key portfolio metrics include:
- Total Disclosed Positions: 56 distinct equity holdings.
- Largest Position by Value: JPMorgan Chase & Co. (28,892 shares, valued at $1,796,000).
- Second Largest Position by Value: Charles Schwab Corp (12,784 shares, valued at $323,000).
- Third Largest Position by Value: Bank of the Ozarks Inc (4,966 shares, valued at $186,000).
- Voting Authority: Lloyds Banking Group Plc holds Sole voting authority for all listed positions.
- Asset Classes: The portfolio consists primarily of common stock (COM) and Exchange Traded Funds (ETFs), including iShares and Select Sector SPDR Trusts.
Material Changes and Comparisons
The filing text provided is a standalone snapshot of holdings as of June 30, 2016. It does not contain comparative data against the prior quarter or year, nor does it explicitly list additions, deletions, or changes in share counts relative to previous filings. Therefore, material changes versus the prior comparable period cannot be determined from this text.
Guidance, Outlook, and Risks
As a statutory disclosure of holdings, this Form 13F does not contain management commentary, forward-looking guidance, or specific risk factors regarding Lloyds Banking Group's operations. The filing includes a standard disclaimer stating that the SEC has not reviewed the information for accuracy or completeness.
Investor Verification Checklist
- Verify the total aggregate value of the disclosed portfolio to assess the scale of Lloyds' U.S. equity exposure.
- Confirm the concentration risk, noting that JPMorgan Chase represents the single largest disclosed holding.
- Review the sector allocation, which shows significant exposure to Financials (JPMorgan, Schwab, M&T Bank), Technology (Apple, Oracle, Cisco), and Healthcare (Amgen, Gilead, Baxter).
- Check subsequent filings to determine if these positions were maintained, increased, or liquidated in the following quarter.