SEC Filing Summary: Form 13F-HR
Business Context and Reporting Period
Reporting Manager: Regions Financial Corporation (and 3 included managers: Regions Bank, Morgan Asset Management, Amsouth Investment Management Co, Amsouth Asset Management Inc).
Reporting Period: Calendar Quarter Ended December 31, 2006.
Filing Date: February 6, 2007.
Document Type: Form 13F Holdings Report. This filing discloses equity securities held by the institutional investment manager. It does not contain the operating financial results (revenue, profit, cash flow) of Regions Financial Corporation itself.
Key Financial Metrics (Portfolio Holdings)
Total Portfolio Value: $8,836,324 (as reported in the summary page; note: this figure appears to be a subset or specific reporting total, as the detailed table lists holdings with values in thousands that sum to a significantly larger aggregate).
Total Number of Holdings: 2,796 entries.
Top Holdings by Value (Selected):
- Regions Financial Corp: Significant holdings reported across multiple accounts (Sole, Shared, Discretionary).
- General Electric Co: Over 3 million shares held.
- Microsoft Corp: Over 2.1 million shares held.
- Intel Corp: Over 2.3 million shares held.
- Verizon Communications: Over 1.4 million shares held.
- Walmart Stores Inc: Over 960,000 shares held.
- Johnson & Johnson: Over 1 million shares held.
- Exxon Mobil Corp: Over 1.3 million shares held.
Material Changes vs. Prior Period
Comparison Data Unavailable: The provided text contains only the current period's holdings (Q4 2006). It does not include the prior quarter's (Q3 2006) data or a "Changes in Holdings" schedule. Therefore, material changes in position size cannot be calculated from this document alone.
Guidance, Outlook, and Risks
Management Commentary: None. Form 13F is a statutory disclosure of holdings and does not contain management discussion, financial guidance, or outlook.
Risks and Contingencies: None disclosed in this filing format. The filing represents a snapshot of equity ownership at period end.
Unusual Items: The filing includes holdings in various sectors including Financials, Technology, Energy, Healthcare, and Consumer Staples. It includes both common stock and convertible securities (e.g., Regions Financial, Dell, Cisco).
Important Facts for Investor Verification
- Self-Holding: Regions Financial Corporation holds significant positions in its own stock (Regions Financial Corp), reported across multiple account types (Defined, Discretionary).
- Concentration: The portfolio is heavily weighted toward large-cap U.S. equities, with significant exposure to the Technology (Microsoft, Intel, Cisco, Dell) and Financial (Bank of America, Citigroup, JPMorgan Chase) sectors.
- Valuation Note: The "Form 13F Information Table Value Total" listed on the summary page ($8,836,324) is inconsistent with the sum of the individual line items in the detailed table (which are reported in thousands and sum to billions). Investors should verify the aggregate portfolio value using the detailed table data rather than the summary page total.
- Multiple Managers: The report aggregates holdings for Regions Financial Corporation and three other included managers, indicating a consolidated reporting structure for the asset management division.