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: Second Quarter ended June 30, 2013
Context: This filing discloses the equity securities held by Regions Financial Corp (or its investment management subsidiaries) as of the end of the quarter. It is a regulatory disclosure of portfolio composition, not a report of the bank's own operating financial results.
Key Financial Metrics
Revenue, Profit, Cash Flow, Margins, Debt, Liquidity: The filing text does not provide a clear value for these metrics. Form 13F is a schedule of holdings and does not contain the issuer's income statement, balance sheet, or cash flow data.
Portfolio Composition: The filing lists hundreds of individual equity positions, including common stocks, preferred stocks, and mutual funds/ETFs. Holdings are categorized by voting authority (Sole, Shared, None) and investment discretion (Discretionary, Non-Discretionary).
Material Changes vs. Prior Period
Comparison Data: The filing text does not provide a clear value for changes versus the prior comparable period. Form 13F tables typically list current holdings without explicitly stating the net change from the previous quarter in a summary format.
Observation: The table lists specific share counts and values for the reporting period only. Analysis of material changes would require comparing this data against the Q1 2013 filing, which is not included in the source text.
Guidance, Outlook, and Risks
Management Commentary: The filing text does not provide a clear value for guidance, outlook, or management commentary. This form is a data table and contains no narrative sections.
Risks and Contingencies: No specific risks or contingencies are disclosed in this filing. The standard SEC disclaimer notes that the Commission has not reviewed the information for accuracy or completeness.
Important Facts for Investor Verification
- Self-Holding: Regions Financial Corp holds a significant position in its own stock (Regions Financial Corp COM), with over 4.1 million shares reported under "Discretionary" authority and over 1.8 million shares under "Other" authority.
- Top Sector Exposure: The portfolio shows heavy concentration in the Financials sector (e.g., Bank of America, J.P. Morgan, Wells Fargo, Citigroup) and Energy sector (e.g., Exxon Mobil, Chevron, ConocoPhillips).
- Investment Discretion: The majority of the listed positions are held with "Discretionary" (DFND) voting authority, indicating the investment manager has full control over these assets.
- ETF/Mutual Fund Usage: The filing includes significant holdings in various ETFs (e.g., SPDR S&P 500, iShares) and mutual funds, suggesting a diversified passive strategy alongside active stock picking.
- Valuation Basis: Values are reported in thousands (x$1,000). For example, the holding in J.P. Morgan Chase & Co. (DFND) is valued at approximately $2.02 billion (2,022,646 x $1,000).