SEC Filing Summary: Form 13F Information Table
Business Context and Reporting Period
Company: FIRST HORIZON CORP
Filing Type: Form 13F Information Table (Quarterly Report of Holdings)
Reporting Period: The filing lists holdings as of March 31, 2026 (as per metadata), though the text content itself does not explicitly state the date. Form 13F filings are required quarterly by institutional investment managers with over $100 million in qualifying assets under management.
Key Financial Metrics and Portfolio Composition
This filing details the equity securities held by First Horizon Corp. It does not report the company's own revenue, profit, or cash flow. Instead, it discloses the value and voting authority of its investment portfolio.
- Portfolio Scope: The filing lists hundreds of individual equity positions, including common stocks, ADRs, and REITs.
- Top Holdings by Value (Selected Examples):
- Verizon Communications: ~419,113 shares (DFND) + ~108,520 shares (OTR)
- Apple Inc: ~215,847 shares (DFND) + ~57,534 shares (OTR)
- Microsoft Corp: ~95,730 shares (DFND) + ~36,529 shares (OTR)
- Amazon.com Inc: ~94,851 shares (DFND) + ~7,402 shares (OTR)
- Alphabet Inc (Class C): ~107,780 shares (DFND) + ~4,519 shares (OTR)
- Walmart Inc: ~143,904 shares (DFND) + ~68,488 shares (OTR)
- Investment Authority: Holdings are categorized by voting authority:
- DFND (Discretionary): First Horizon has sole discretion to vote these shares.
- OTR (Other): First Horizon has shared or no voting authority (often held for clients).
- Asset Classes: The portfolio includes significant exposure to Technology, Healthcare, Financials, Consumer Staples, and Energy sectors. It also holds a substantial number of Exchange Traded Funds (ETFs) and Real Estate Investment Trusts (REITs).
Material Changes
Not Applicable: As a Form 13F Information Table, this document provides a snapshot of holdings at a specific point in time. It does not contain comparative data against the prior quarter within the text provided, nor does it explicitly list "material changes" or net purchases/sales. Analysis of changes would require comparing this table to the previous quarter's filing.
Guidance, Outlook, and Risks
Not Applicable: Form 13F filings are regulatory disclosures of holdings. They do not contain management commentary, financial guidance, outlook statements, or risk factors regarding the reporting company's own operations. The filing includes a standard disclaimer that the SEC has not reviewed the information for accuracy.
Important Facts for Investor Verification
- Portfolio Concentration: Verify the concentration risk in the top 10 holdings, which appear to include major technology and consumer staples giants (e.g., Apple, Microsoft, Walmart, Verizon).
- Voting Authority Split: Note the distinction between "DFND" (Discretionary) and "OTR" (Other) shares. A significant portion of the holdings (e.g., in Apple, Microsoft, Amazon) are listed under "OTR," indicating these may be client assets rather than proprietary corporate assets.
- ETF Exposure: The portfolio holds significant positions in broad market ETFs (e.g., iShares Core S&P 500, Vanguard Total Stock Market), which may mask underlying sector exposures.
- Reporting Date: Confirm the exact reporting period end date (metadata suggests March 31, 2026) to ensure the data aligns with the intended analysis timeframe.
- Missing Financials: Do not use this document to assess First Horizon Corp's own financial health (revenue, earnings, debt). Refer to their 10-K or 10-Q filings for that information.