SEC Filing Summary: Form 13F Information Table
Business Context and Reporting Period
Company: Regions Financial Corp
Filing Type: Form 13F Information Table (Schedule 13F)
Reporting Period: Quarter ended December 31, 2017
Context: This filing discloses the equity securities held by Regions Financial Corp at the end of the reporting period. As a Form 13F, it details the investment portfolio of the institution, including the number of shares, value, and voting authority for each holding. It does not contain the company's own financial performance metrics (revenue, profit, etc.).
Portfolio Composition and Key Metrics
The filing lists hundreds of individual equity positions. The portfolio is diversified across multiple sectors, with significant allocations to Financials, Technology, Healthcare, and Energy. Key observations include:
- Top Holdings by Value (Selected):
- General Electric Co: ~2.97 million shares (Sole Discretionary)
- Exxon Mobil Corp: ~2.04 million shares (Sole Discretionary)
- Wells Fargo & Co: ~2.15 million shares (Sole Discretionary)
- Bank of America Corp: ~1.87 million shares (Sole Discretionary)
- Microsoft Corp: ~1.35 million shares (Sole Discretionary)
- Regions Financial Corp (Self): ~3.72 million shares (Sole Discretionary)
- Significant ETF Exposure: The portfolio holds substantial positions in various Exchange Traded Funds (ETFs), including iShares (e.g., MSCI EAFE, Core S&P 500), Vanguard (e.g., Total Stock Market, FTSE Developed Markets), and SPDRs.
- Voting Authority: The majority of holdings are reported under "Sole" voting authority, indicating direct control over voting decisions for those shares. A smaller portion is reported under "Discretionary" authority.
Material Changes
Note: This filing is a snapshot of holdings as of December 31, 2017. It does not provide comparative data against the prior quarter (September 30, 2017) within the text provided. Therefore, specific material increases or decreases in positions cannot be calculated from this document alone.
Guidance, Outlook, and Risks
Guidance and Outlook: Not applicable. Form 13F filings are historical disclosures of holdings and do not contain forward-looking guidance, management commentary, or strategic outlooks.
Risks and Contingencies: Not applicable. This form does not disclose operational risks, legal contingencies, or unusual items affecting the company's own operations.
Key Facts for Investor Verification
- Self-Holding: Regions Financial Corp holds a significant position in its own stock (approx. 3.72 million shares reported under Sole Discretionary authority).
- Concentration: The portfolio shows heavy concentration in large-cap U.S. equities and broad market ETFs, suggesting a passive or index-tracking component to the investment strategy alongside active stock picking.
- Financial Sector Weighting: There is a notable concentration in the financial sector, including major banks (JPMorgan Chase, Bank of America, Wells Fargo, Citigroup) and insurance companies (MetLife, Prudential).
- Data Limitation: Investors should note that this document lists holdings, not the financial results of Regions Financial Corp. For revenue, profit, and liquidity data, refer to the company's Form 10-K or 10-Q filings.