SEC Filing Summary: Form 13F Information Table
Business Context and Reporting Period
Company: Tompkins Financial Corp
Filing Type: Form 13F Information Table (Schedule of Holdings)
Reporting Period: Quarter ended March 31, 2020
Context: This filing discloses the equity securities held by Tompkins Financial Corp as a registered investment manager. It details the issuer, class of security, CUSIP, value, and voting authority for each holding.
Key Financial Metrics and Portfolio Composition
Portfolio Overview: The filing lists a diversified portfolio consisting of individual equities and Exchange Traded Funds (ETFs). The data provides the aggregate value of holdings in thousands of dollars and the number of shares held.
- Top Individual Equity Holdings (by Value):
- Apple Inc: $16,415 (64,555 shares)
- Microsoft Corp: $16,254 (103,062 shares)
- Cisco Systems Inc: $5,369 (136,580 shares)
- Home Depot Inc: $5,184 (27,767 shares)
- Verizon Communications Inc: $5,792 (107,824 shares)
- Top ETF Holdings (by Value):
- Goldman Sachs ETF Tr ActiveBeta Int: $23,572 (1,022,689 shares)
- Invesco Exchange-Traded Fd T S&P 500 Revenue: $18,709 (426,186 shares)
- Ishares Tr MSCI Min Vol ETF: $18,756 (347,339 shares)
- Ishares Inc Core MSCI EMKT: $13,267 (327,843 shares)
- Vanguard Admiral Fds Inc 500 Grth Idx F: $15,180 (101,986 shares)
- Self-Holding: Tompkins Financial Corp holds 402,359 shares of its own stock valued at $28,885.
Financial Metrics Note: As a Form 13F, this document does not report Tompkins Financial Corp's own revenue, profit, cash flow, or debt. It only reports the value of assets under management in the form of equity securities.
Material Changes and Voting Authority
Voting Authority: The filing distinguishes between "Sole," "Shared," and "Discretionary" (DFND) voting authority. The majority of holdings are reported with "Sole" voting authority, indicating Tompkins Financial Corp has full discretion over voting decisions for those shares. Some holdings, such as Abbott Laboratories and Apple Inc, show "Shared" authority.
Comparison to Prior Period: This filing text does not contain data for the prior quarter (December 31, 2019). Therefore, material changes in position size or new/removed holdings cannot be calculated from this document alone.
Guidance, Outlook, and Risks
Management Commentary: Form 13F filings are statutory disclosures of holdings and do not contain management commentary, forward-looking guidance, or strategic outlooks.
Risks and Contingencies: No specific risks or contingencies are disclosed in this table. The filing includes a standard disclaimer that the SEC has not reviewed the information for accuracy or completeness.
Investor Verification Checklist
- Verify the total aggregate value of the portfolio by summing the "Value" column to assess the scale of assets managed.
- Confirm the concentration risk by analyzing the percentage of the portfolio held in the top 10 individual stocks versus ETFs.
- Review the "Voting Authority" column to understand the extent of control Tompkins Financial Corp exercises over its holdings (Sole vs. Shared).
- Compare the holdings of Tompkins Financial Corp's own stock ($28,885) against the total portfolio value to assess insider alignment.
- Check subsequent filings (e.g., for June 30, 2020) to determine if the positions listed here were maintained, increased, or liquidated.