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 December 31, 2015
Context: This filing discloses the equity securities held by Regions Financial Corp (or its investment management subsidiaries) at the end of the reporting period. It details the issuer, class of security, CUSIP, value, and voting authority for each holding.
Key Financial Metrics
Note: As a Form 13F filing, this document reports portfolio holdings rather than the company's own financial performance (revenue, profit, cash flow). The following metrics reflect the reported portfolio composition:
- Portfolio Composition: The portfolio consists of a diversified mix of common stocks, foreign stocks, mutual funds, and partnerships.
- Top Holdings by Value (Selected):
- Regions Financial Corp (Self): ~$4.3M (2,980,250 shares)
- General Electric Co: ~$2.9M (2,874,468 shares)
- Exxon Mobil Corp: ~$1.6M (1,634,323 shares)
- Verizon Communications: ~$1.7M (1,729,231 shares)
- Wells Fargo & Co: ~$1.8M (1,845,833 shares)
- Apple Inc: ~$638K (638,200 shares)
- Microsoft Corp: ~$720K (719,881 shares)
- Voting Authority: The majority of holdings are reported with "Sole" voting authority, though significant "Shared" voting authority exists for many positions (e.g., Regions Financial Corp, Apple Inc, Microsoft Corp).
Material Changes
Comparison to Prior Period: The provided text contains only the snapshot of holdings as of December 31, 2015. It does not include the prior quarter's data or a summary of purchases and sales. Therefore, material changes versus the prior comparable period cannot be determined from this source text alone.
Guidance, Outlook, and Risks
Management Commentary: Not applicable. Form 13F is a regulatory disclosure of holdings and does not contain management discussion, guidance, or outlook.
Risks and Contingencies: Not applicable. The filing does not discuss operational risks or contingencies.
Unusual Items: The portfolio includes a significant number of mutual funds (e.g., iShares, Vanguard, SPDR) and foreign stocks, indicating a diversified investment strategy beyond direct equity ownership.
Important Facts for Investor Verification
- Self-Holding: Regions Financial Corp holds a significant position in its own stock (approx. 2.98 million shares) with sole voting authority.
- Concentration: The portfolio shows heavy exposure to the Financials, Energy, and Technology sectors (e.g., Wells Fargo, Exxon, Apple, Microsoft, Intel).
- Foreign Exposure: There is notable exposure to foreign entities, including ABB Ltd, AstraZeneca, and various European and Asian financial and industrial firms.
- Passive vs. Active: The presence of numerous ETFs (iShares, SPDR) suggests a portion of the portfolio is managed passively or for index tracking purposes.
- Data Limitation: This filing does not provide the total aggregate value of the portfolio, only the value of individual line items.