Business Context and Reporting Period
This Form 13F-HR filing reports the equity holdings of Tompkins Financial Corp as of the period ending December 31, 2012. As a 13F filing, this document discloses the investment portfolio of the institution rather than its own operating financial results.
Key Financial Metrics
The filing details the aggregate value and composition of the reported securities portfolio:
- Total Portfolio Value: $193,759,000 (reported in thousands).
- Total Shares Held: 4,373,915 shares.
- Voting Authority Breakdown:
- Sole Discretion: 3,906,434 shares.
- Shared Discretion: 0 shares.
- None (Defined/Other): 467,481 shares.
- Top Holdings by Value:
- Tompkins Financial Corp (Own Stock): $19,941,000 (517,953 shares).
Material Changes
The filing text provided contains only the snapshot of holdings for the period ending December 31, 2012. It does not include comparative data from the prior quarter or year. Therefore, material changes versus the prior comparable period cannot be determined from this source text.
Guidance, Outlook, and Risks
This filing type (13F-HR) is a regulatory disclosure of holdings and does not contain management commentary, forward-looking guidance, risk factors, or contingency plans regarding the company's future operations or financial outlook.
Important Facts for Investor Verification
- Significant Self-Holding: Tompkins Financial Corp holds a substantial position in its own common stock ($19.9 million), representing a significant portion of the reported portfolio value.
- Portfolio Concentration: The portfolio is heavily weighted toward large-cap U.S. equities, with significant positions in sectors such as Technology (Microsoft, Intel, Cisco), Healthcare (Johnson & Johnson, Pfizer), and Energy (Exxon Mobil, Chevron).
- Voting Rights: The majority of shares (approx. 89%) are held with sole voting authority, while a smaller portion (approx. 11%) is held with "None" voting authority, often indicating shares held in defined benefit plans or similar structures.
- Data Limitation: This document reflects only long-term equity positions and does not disclose derivatives, short positions, or non-equity assets.