SEC Filing Summary: Form 13F-HR
Business Context and Reporting Period
Reporting Manager: Regions Financial Corporation
Filing Type: Form 13F Holdings Report
Reporting Period: Quarter Ended December 31, 2004
Submission Date: February 14, 2005
Signatory: Ronald C. Jackson, Senior Vice President and Comptroller
This filing discloses the equity securities held by Regions Financial Corporation and one other included manager (Morgan Asset Management) as of the end of the fourth quarter of 2004.
Key Financial Metrics
Note: As a Form 13F, this document reports portfolio holdings rather than the operating financial results (revenue, profit, cash flow) of Regions Financial Corporation itself.
- Total Portfolio Value: $2,570,999,000 (approx. $2.57 billion)
- Total Number of Holdings: 1,314 entries
- Number of Included Managers: 1 (Morgan Asset Management)
- Top Holdings by Value (Selected):
- Exxon Mobil Corp: ~$134 million
- General Electric Co: ~$118 million
- Regions Financial Corp (Own Stock): ~$105 million
- Microsoft Corp: ~$42 million
- Johnson & Johnson: ~$49 million
Material Changes and Portfolio Composition
The filing provides a snapshot of holdings at a single point in time (December 31, 2004). Consequently, it does not contain data regarding material changes, increases, or decreases compared to the prior quarter. The portfolio is heavily diversified across sectors including Energy, Technology, Financials, Healthcare, and Consumer Staples. A significant portion of the reported value includes holdings in the reporting manager's own stock (Regions Financial Corp).
Guidance, Outlook, and Risks
Guidance and Outlook: Not applicable. Form 13F filings are historical disclosures of holdings and do not contain management commentary, forward-looking guidance, or strategic outlooks.
Risks and Contingencies: Not applicable. This form does not disclose operational risks, legal contingencies, or unusual items affecting the reporting manager's business operations.
Investor Verification Checklist
- Verify the total portfolio value of $2.57 billion against the company's total assets to determine the proportion of assets managed in this specific portfolio.
- Confirm the distinction between "Sole Discretion," "Shared Discretion," and "Other" voting authority to understand the extent of control over the reported securities.
- Note that this filing includes holdings for "Morgan Asset Management" (File No. 28-04225); verify if these holdings are consolidated or separate from Regions' direct holdings.
- Review the significant holding of Regions Financial Corporation's own stock (~$105 million) to assess insider or treasury management activity.
- For operating performance metrics (revenue, earnings, debt), refer to the company's Form 10-K or 10-Q filings, as this document contains only equity position data.