SEC Filing Summary: Form 13F-HR
Business Context and Reporting Period
Company: Tompkins Financial Corp
Filing Type: Form 13F-HR (Quarterly Report of Holdings)
Reporting Period: Ended December 31, 2003
Context: This filing discloses the equity securities held by Tompkins Financial Corp, a registered investment adviser. The report details holdings across various sectors, including financials, technology, healthcare, and consumer staples. The filing includes both sole voting authority and shared/defined voting authority positions.
Key Financial Metrics
Total Portfolio Value: $305,215,000 (Reported in thousands)
Total Shares Held: 7,529,402
Shares with Sole Voting Authority: 6,933,906
Shares with Other/Shared Voting Authority: 595,496
Number of Issuers: Approximately 200 distinct issuers listed.
Note: As a Form 13F, this document reports holdings value and share counts. It does not contain revenue, profit, cash flow, or debt metrics for Tompkins Financial Corp itself.
Material Holdings and Concentration
The portfolio is heavily concentrated in large-cap U.S. equities. The top holdings by reported value (in thousands) include:
- Tompkins Trust Co Inc: $38,757,000 (796,867 shares) - Significant self-holding.
- General Electric Co: $13,379,000 (432,032 shares).
- Johnson & Johnson: $8,414,000 (162,932 shares).
- Exxon Mobil Corp: $13,640,000 (332,712 shares).
- Microsoft Corp: $5,025,000 (183,681 shares).
- Procter & Gamble Co: $5,767,000 (57,747 shares).
- Wal-Mart Stores Inc: $5,891,000 (111,096 shares).
- Pfizer Inc: $8,179,000 (231,584 shares).
- 3M Co: $5,154,000 (60,625 shares).
- Intel Corp: $7,607,000 (237,441 shares).
Guidance, Outlook, and Risks
Management Commentary: Not applicable. Form 13F filings are statutory disclosures of holdings and do not contain management commentary, forward-looking guidance, or strategic outlooks.
Risks and Contingencies: The filing does not disclose specific risk factors or contingencies. However, the portfolio composition indicates exposure to market volatility in the technology, energy, and financial sectors as of the end of 2003.
Unusual Items: The filing lists a significant position in the reporting company's own subsidiary or affiliate, Tompkins Trust Co Inc, representing approximately 12.7% of the total reported portfolio value.
Investor Verification Checklist
- Verify the total portfolio value of $305.2 million against the firm's total assets under management (AUM) to determine if this represents the entire portfolio or a specific segment.
- Confirm the nature of the "Tompkins Trust Co Inc" holding to understand the relationship between the reporting entity and the issuer.
- Review the "Defined" vs. "Sole" voting authority columns to assess the firm's actual control over the reported shares.
- Compare the sector allocation (heavy weighting in Financials, Tech, and Healthcare) against the firm's stated investment mandate.
- Note that this filing reflects positions as of December 31, 2003; subsequent trading activity is not reflected here.