SEC Filing Summary: Regions Financial Corp (13F-HR)
Business Context and Reporting Period
Reporting Manager: Regions Financial Corporation
Filing Type: Form 13F-HR (Holdings Report)
Period Ended: September 30, 2005
Signatory: Ronald C. Jackson, Senior Vice President and Comptroller
Other Managers Included: Morgan Asset Management (File No. 28-04225)
Key Financial Metrics
Note: As a Form 13F filing, this document reports equity holdings and voting authority, not the operating financial results (revenue, profit, cash flow) of Regions Financial Corp itself.
- Total Portfolio Value: $2,370,204,000 (Reported in thousands)
- Total Number of Holdings: 1,042 entries
- Largest Single Position (Value): Regions Financial Corp (Self-Holding) at $126,641,000 (Defined) + $69,077,000 (Other) = $195,718,000 total reported value.
- Top External Holdings by Value:
- Exxon Mobil Corp: $112,208,000 (Defined) + $30,702,000 (Other)
- General Electric Co: $71,828,000 (Defined) + $25,776,000 (Other)
- Johnson & Johnson: $41,686,000 (Defined) + $9,869,000 (Other)
- Microsoft Corp: $24,416,000 (Defined) + $5,670,000 (Other)
- Intel Corp: $25,051,000 (Defined) + $6,211,000 (Other)
Material Changes and Portfolio Composition
The filing provides a snapshot of holdings as of the quarter-end date. It does not contain comparative data against the prior quarter (June 30, 2005) to calculate material changes in position size or value. The portfolio is heavily diversified across sectors, with significant allocations to:
- Energy: Exxon Mobil, Chevron, ConocoPhillips, Devon Energy.
- Technology: Microsoft, Intel, Cisco Systems, Hewlett-Packard.
- Financials: Citigroup, Bank of America, JPMorgan Chase, Wells Fargo, and a substantial self-holding in Regions Financial Corp.
- Healthcare: Pfizer, Johnson & Johnson, Merck, Medtronic.
- Consumer Staples: Procter & Gamble, Coca-Cola, PepsiCo, Wal-Mart.
Guidance, Outlook, and Risks
Guidance and Outlook: This filing type (13F-HR) does not contain management commentary, earnings guidance, or forward-looking statements regarding the company's business outlook.
Risks and Contingencies: No specific risk factors or contingencies are disclosed in this form. The filing is a statutory disclosure of securities held for investment purposes.
Key Facts for Investor Verification
- Self-Holding: Regions Financial Corp holds a significant position in its own stock (approx. 6.29 million shares total reported), split between "Defined" and "Other" voting authority.
- Concentration: The top 10 holdings (including self-holding) represent a substantial portion of the $2.37 billion reported portfolio value.
- Investment Authority: The report distinguishes between "Defined" (sole discretion) and "Other" (shared or non-discretionary) voting authority, indicating a mix of proprietary and client-managed assets.
- Missing Data: This document does not provide Regions Financial Corp's own revenue, net income, debt levels, or liquidity ratios. Investors must refer to the company's 10-Q or 10-K filings for operational financial health.