SEC Filing Summary: Form 13F-HR
Business Context and Reporting Period
Reporting Manager: Regions Financial Corporation (and affiliated managers: Regions Bank, Morgan Asset Management, AmSouth Investment Management Co, AmSouth Asset Management Inc.)
Reporting Period: Quarter ended June 30, 2007
Filing Date: August 12, 2007
Context: This filing is a Form 13F Holdings Report disclosing the equity securities held by the institutional investment manager. The report aggregates holdings across multiple affiliated entities, totaling 2,912 entries.
Key Financial Metrics
Total Portfolio Value: $9,408,403 (as reported in the summary page; note: this figure likely represents a subset or specific reporting category given the magnitude of individual holdings listed in the schedule, such as Regions Financial Corp itself valued at over $156 million).
Number of Holdings: 2,912 entries.
Top Holdings by Value (Selected):
- Regions Financial Corp: ~$279 million (Aggregated across multiple entries)
- Exxon Mobil Corp: ~$243 million
- General Electric Co: ~$175 million
- Johnson & Johnson: ~$92 million
- Microsoft Corp: ~$83 million
- Wells Fargo & Co: ~$60 million
- Chevron Corp: ~$110 million
- AT&T Inc: ~$117 million
Note: The filing text does not provide consolidated revenue, profit, cash flow, or debt metrics for Regions Financial Corporation itself, as Form 13F is strictly a disclosure of investment holdings.
Material Changes
The filing text provided is a static snapshot of holdings as of June 30, 2007. It does not contain comparative data against the prior quarter (March 31, 2007) to determine material changes in position size or portfolio composition. Therefore, no material changes can be identified from this document alone.
Guidance, Outlook, and Risks
Guidance/Outlook: Not applicable. Form 13F filings do not contain management commentary, earnings guidance, or future outlooks.
Risks/Contingencies: Not applicable. This form does not disclose operational risks, legal contingencies, or unusual items affecting the reporting manager's own financial health. It only discloses the composition of the investment portfolio.
Investor Verification Checklist
- Portfolio Concentration: Verify the significant concentration in the reporting manager's own stock (Regions Financial Corp) and major financial sector peers (Wells Fargo, Bank of America, Citigroup).
- Energy Sector Exposure: Confirm the substantial allocation to energy companies (Exxon Mobil, Chevron, ConocoPhillips, Devon Energy) relative to the broader market.
- Valuation Discrepancy: Investigate the reported "Form 13F Information Table Value Total" of $9.4 million against the individual line items which sum to significantly higher values (e.g., Regions Financial holdings alone exceed $200 million). This suggests the summary total may refer to a specific subset of accounts or a reporting error in the summary page.
- Affiliated Managers: Review the specific holdings attributed to the four "Other Included Managers" (Regions Bank, Morgan Asset Management, AmSouth entities) to understand the internal allocation of assets.