Business Context and Reporting Period
Company: Tompkins Financial Corp
Filing Type: Form 13F-HR (Quarterly Report of Holdings)
Reporting Period: Ended March 31, 2013
This filing discloses the equity securities held by Tompkins Financial Corp at the end of the first quarter of 2013. The report details holdings across sole, shared, and defined discretionary voting authority categories.
Key Financial Metrics
Total Portfolio Value: $322,574,000 (Reported in thousands)
Total Shares Held: 6,589,080
Top Holdings by Value:
- Tompkins Financial Corp: $22,905,000 (498,182 shares)
- Exxon Mobil Corp: $6,986,000 (72,723 shares)
- International Business Machines (IBM): $6,483,000 (29,340 shares)
- Johnson & Johnson: $3,781,000 (43,407 shares)
- General Electric Co: $4,149,000 (175,405 shares)
- Microsoft Corp: $2,604,000 (87,773 shares)
- Procter & Gamble Co: $3,168,000 (39,464 shares)
- Verizon Communications: $2,929,000 (58,115 shares)
- Wells Fargo & Co: $1,640,000 (42,749 shares)
- Walgreen Co: $2,040,000 (42,477 shares)
Asset Class Breakdown: The portfolio is heavily weighted toward large-cap U.S. equities and Exchange Traded Funds (ETFs), including significant positions in WisdomTree Emerging Markets ETFs and iShares bond funds.
Material Changes
Comparison Data: The filing text does not provide data for the prior comparable period (December 31, 2012). Therefore, material changes in holdings, additions, or deletions 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 filing. The portfolio composition suggests exposure to market volatility in energy, technology, healthcare, and financial sectors, as well as emerging market risks via ETF holdings.
Investor Verification Checklist
- Verify the total portfolio value of $322.6 million against the company's total assets to determine the percentage of assets allocated to this equity portfolio.
- Confirm the significant self-holding of Tompkins Financial Corp stock ($22.9 million) to understand insider or treasury management strategies.
- Review the concentration in WisdomTree Emerging Markets ETFs (approx. $36.6 million combined) to assess exposure to international market volatility.
- Compare the top 10 holdings against the S&P 500 index to evaluate active vs. passive management style.
- Check subsequent filings (13F-HR for June 30, 2013) to track turnover and trading activity following this quarter.