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 June 30, 2000
Context: This filing discloses the equity securities held by Tompkins Financial Corp, a registered investment adviser. The report details holdings across various sectors, including technology, healthcare, financials, and consumer goods, as of the end of the second quarter of 2000.
Key Financial Metrics
As a Form 13F filing, this document reports portfolio holdings rather than the operating financials of Tompkins Financial Corp itself. The following metrics represent the aggregate value of the reported securities:
- Total Portfolio Value: $298,054,000 (Reported in thousands)
- Total Shares Held: 6,427,760
- Shares with Sole Voting Authority: 5,931,063
- Shares with Shared Voting Authority: 17,100
- Shares with No Voting Authority: 479,597
Note: Revenue, profit, cash flow, margins, debt, and liquidity metrics for Tompkins Financial Corp are not provided in this filing type.
Material Holdings and Portfolio Composition
The portfolio is heavily concentrated in large-cap equities. The top holdings by value (in thousands) include:
- Tompkins Trust Co Inc: $25,921 (1,047,334 shares) - Significant insider/affiliate holding.
- General Electric Co: $19,648 (370,722 shares)
- Exxon Mobil Corp: $10,928 (139,213 shares)
- Intel Corp: $10,550 (78,925 shares)
- Sun Microsystems Inc: $11,077 (121,820 shares)
- Wal-Mart Stores Inc: $3,946 (68,500 shares)
- Johnson & Johnson: $4,561 (44,777 shares)
- Merck & Co Inc: $5,747 (75,014 shares)
- Lucent Technologies Inc: $5,519 (93,159 shares)
- SBC Communications Inc: $5,190 (120,023 shares)
Guidance, Outlook, and Risks
Management Commentary: Form 13F filings do not contain management commentary, forward-looking guidance, or strategic outlooks. They are strictly historical disclosures of holdings.
Risks and Contingencies: No specific risk factors or contingencies are disclosed in this document. The filing reflects a diversified portfolio but includes significant exposure to the technology sector (e.g., Intel, Sun, Lucent, Cisco, Microsoft) which was subject to high volatility during the 2000 period.
Unusual Items: The filing includes a substantial position in the reporting company's own affiliate, Tompkins Trust Co Inc, representing approximately 8.7% of the total reported value.
Investor Verification Checklist
- Verify the total portfolio value of $298.05 million against the firm's total assets under management (AUM) to determine if this represents the entire portfolio or a subset.
- Confirm the nature of the $25.9 million holding in Tompkins Trust Co Inc to understand the relationship between the reporting entity and the issuer.
- Review the "Defined" vs. "Sole" voting authority columns to assess the firm's active management control over specific positions.
- Compare the technology sector exposure (Intel, Sun, Lucent, Cisco) against the market performance of the Nasdaq Composite for the second quarter of 2000 to gauge potential volatility impact.
- Check subsequent filings (13F-HR for September 30, 2000) to identify any significant turnover or liquidation of positions following the market correction in late 2000.