SEC Filing Summary: Form 13F Information Table
Business Context and Reporting Period
Company: Regions Financial Corp
Filing Type: Form 13F Information Table (Schedule of Holdings)
Reporting Period: Quarter ended March 31, 2021
Context: This filing discloses the equity securities held by Regions Financial Corp (or its investment management subsidiaries) as of the end of the first quarter of 2021. It details the issuer, class of security, CUSIP, value, and voting authority for each holding.
Key Financial Metrics and Portfolio Composition
Revenue, Profit, Cash Flow, Margins, Debt, Liquidity: The filing text does not provide a clear value for these metrics. Form 13F filings report investment holdings, not the operating financial results of the reporting company.
Portfolio Highlights (Selected Holdings by Value):
- Apple Inc: Total Value approx. $2.05 billion (Sole Discretion: $1.66B; Discretionary: $422M)
- Microsoft Corp: Total Value approx. $1.40 billion (Sole Discretion: $1.15B; Discretionary: $253M)
- Amazon.com Inc: Total Value approx. $41.1 million
- Alphabet Inc (Class A & C): Total Value approx. $53.7 million
- Bank of America Corp: Total Value approx. $2.45 billion
- Regions Financial Corp (Self-Holding): Total Value approx. $3.08 billion
- BlackRock ETFs: Significant holdings in various ETFs including MSCI EAFE, S&P MidCap, and Core S&P 500.
Material Changes Versus Prior Period
The filing text does not provide a clear value for material changes versus the prior comparable period. Form 13F tables list current holdings but do not explicitly state the net change in shares or value compared to the previous quarter's filing within the text provided.
Guidance, Outlook, and Risks
Guidance and Outlook: The filing text does not provide a clear value for management guidance or outlook. This form is a regulatory disclosure of holdings, not a management discussion and analysis.
Risks and Contingencies: The filing includes a standard disclaimer stating that the SEC has not reviewed the information and has not determined if it is accurate or complete. The reader should not assume the information is accurate or complete.
Important Facts for Investor Verification
- Self-Holding: Regions Financial Corp holds a significant position in its own common stock (approx. $3.08 billion total value), split between sole and discretionary authority.
- Concentration: The portfolio shows heavy concentration in large-cap technology (Apple, Microsoft, Alphabet) and financial services (Bank of America, JPMorgan Chase, Wells Fargo).
- Voting Authority: Most holdings are categorized under "Sole" voting authority, indicating direct control over voting decisions for those shares, though some are listed under "Discretionary" (DFND).
- ETF Exposure: A substantial portion of the portfolio is allocated to Exchange Traded Funds (ETFs) managed by BlackRock, iShares, and Vanguard, providing broad market exposure.
- Data Limitation: This document does not contain Regions Financial Corp's own earnings, revenue, or balance sheet data; it only lists the assets they manage or hold.