SEC Filing Summary: Tompkins Financial Corp (13F-HR)
Business Context and Reporting Period
This filing is a Form 13F Information Table submitted by Tompkins Financial Corp for the reporting period ending December 31, 2010. As a 13F filing, this document discloses the equity securities held by the investment manager at the end of the quarter. It does not contain financial performance data (revenue, profit, cash flow) for Tompkins Financial Corp itself, but rather details its investment portfolio.
Key Financial Metrics (Portfolio Holdings)
The filing provides a snapshot of the investment portfolio's composition and valuation as of the period end:
- Total Portfolio Value: Approximately $224.7 million (Grand Total Value column).
- Total Shares Held: Approximately 4.87 million shares across all issuers.
- Voting Authority:
- Sole Discretion: ~4.37 million shares.
- Shared Discretion: 0 shares.
- None (e.g., Defined Plans): ~497,000 shares.
- Top Holdings by Value:
- Tompkins Financial Corp: $22.4 million (Significant self-holding).
- Exxon Mobil Corp: $6.45 million.
- General Electric Co: $4.03 million.
- International Business Machines (IBM): $5.51 million.
- Johnson & Johnson: $2.98 million.
Material Changes vs. Prior Period
Not Applicable: This filing text contains only the snapshot of holdings as of December 31, 2010. It does not include the "Changes in Holdings" section (typically found in the full 13F-HR form) or comparative data from the prior quarter (September 30, 2010). Therefore, material changes in position size cannot be determined from the provided text.
Guidance, Outlook, and Risks
Not Applicable: Form 13F filings are regulatory disclosures of holdings and do not contain management commentary, forward-looking guidance, risk factors, or contingency plans. The filing lists holdings in various sectors including Energy (Exxon, Chevron), Technology (Microsoft, Intel, Cisco), Healthcare (Pfizer, J&J), and Financials (Wells Fargo, JPMorgan), indicating a diversified portfolio strategy.
Key Facts for Investor Verification
- Self-Holding: Tompkins Financial Corp holds a significant position in its own stock ($22.4 million value, ~511,504 shares), split between Sole and Defined authority.
- Concentration: The portfolio is heavily weighted toward large-cap U.S. equities and Exchange Traded Funds (ETFs), particularly iShares and Vanguard funds.
- Authority Split: The majority of the portfolio (~90%) is held under "Sole" voting authority, with a smaller portion (~10%) held under "Defined" authority (likely for client accounts or specific plans).
- Data Limitation: This document does not report Tompkins Financial Corp's own operating results (revenue, earnings, debt); investors must refer to the company's 10-K or 10-Q filings for that information.