SEC Filing Summary: Form 13F Information Table
Business Context and Reporting Period
Company: Lloyds Banking Group Plc
Filing Type: Form 13F Information Table (Statement of Holdings)
Reporting Period: Quarter ended September 30, 2014
Context: This filing discloses the equity securities held by Lloyds Banking Group Plc as of the end of the third quarter of 2014. It is a regulatory disclosure of investment holdings, not a financial performance report of Lloyds itself.
Key Financial Metrics and Holdings
The filing details a diversified portfolio of U.S. equities. The following metrics are derived from the reported holdings:
- Total Portfolio Value: The filing lists individual position values in thousands of dollars (Column 4). A precise aggregate total is not explicitly stated in the text, but the portfolio includes significant positions in major U.S. corporations.
- Top Holdings by Value (Selected):
- General Electric Co: $4,143,000
- Microsoft Corp: $5,687,000
- Johnson & Johnson: $8,732,000
- Pfizer Inc: $4,301,000
- Exxon Mobil Corp: $5,532,000
- Apple Inc: $9,608,000
- Bank of America Corp: $2,297,000
- Share Counts: The filing reports share quantities (Column 5) for each issuer. For example, Lloyds held 161,744 shares of General Electric and 122,684 shares of Microsoft.
- Voting Authority: The vast majority of holdings are reported with "Sole" voting authority (Column 7), indicating Lloyds has full discretion over voting rights for these shares.
Material Changes
Comparison to Prior Period: The provided text contains only the snapshot of holdings as of September 30, 2014. It does not include the prior quarter's data (June 30, 2014) or a summary of purchases and sales. Therefore, material changes in position size or new entries cannot be determined from this document alone.
Guidance, Outlook, and Risks
Management Commentary: None. Form 13F filings are factual disclosures of holdings and do not contain management commentary, forward-looking guidance, or strategic outlooks.
Risks and Contingencies: The filing includes a standard SEC disclaimer stating that the Commission has not reviewed the information for accuracy or completeness. No specific risk factors or contingencies related to the portfolio are disclosed in this table.
Unusual Items: The portfolio includes a mix of domestic U.S. equities and foreign issuers (e.g., Vale S.A., Petrobras, Tenaris S.A.). Some holdings are listed with "DFND" (Defined) in the investment type column, which is standard for common stock reporting.
Investor Verification Checklist
- Verify the total aggregate value of the portfolio by summing Column 4, as the total is not explicitly provided in the text.
- Compare these holdings against the Q2 2014 13F filing to identify specific buys and sells.
- Confirm the classification of "Sole" vs. "Shared" voting authority for any positions where Lloyds may have acted as a custodian for other entities.
- Check for any subsequent filings (e.g., 13F-HR amendments) that may have corrected or updated these positions.
- Review the specific CUSIP numbers to ensure accurate identification of share classes, particularly for companies with multiple classes (e.g., Alphabet/Google, Berkshire Hathaway).