SEC Filing Summary: Form 13F Information Table
Business Context and Reporting Period
Company: Regions Financial Corp
Filing Type: Form 13F Information Table (Quarterly Report of Holdings)
Reporting Period: As of September 30, 2017
Context: This filing discloses the equity securities held by Regions Financial Corp at the end of the third quarter of 2017. As a Form 13F, this document details investment positions rather than the company's own operating financial results (revenue, profit, etc.).
Key Financial Metrics and Portfolio Composition
Revenue, Profit, Cash Flow, Margins, Debt, Liquidity: The filing text does not provide a clear value for these metrics. Form 13F reports investment holdings, not the issuer's operational financial statements.
Portfolio Overview: The filing lists hundreds of individual equity positions across various sectors, including financials, technology, healthcare, energy, and consumer staples. Holdings are categorized by voting authority (Sole, Shared, None) and investment discretion (Discretionary, Other).
Notable Holdings (by Share Count):
- Regions Financial Corp: 3,739,209 shares (Combined Sole and Other)
- General Electric Co: 3,259,919 shares
- Verizon Communications: 2,089,414 shares
- Wells Fargo & Co: 2,226,690 shares
- Pfizer Inc: 3,226,672 shares
- Exxon Mobil Corp: 2,110,797 shares
- Apple Inc: 585,924 shares
- Alphabet Inc: 78,846 shares (Combined Class A and C)
Material Changes
The filing text does not provide a clear value for material changes versus the prior comparable period. Form 13F tables list current holdings but do not explicitly state the net change in shares or value from the previous quarter within the text provided.
Guidance, Outlook, and Risks
Guidance and Outlook: The filing text does not provide a clear value for management commentary, guidance, or outlook. This is a statutory disclosure of holdings, not an earnings release.
Risks and Contingencies: No specific risks or contingencies are detailed in this filing. The standard SEC disclaimer notes that the Commission has not reviewed the information for accuracy or completeness.
Unusual Items: The portfolio includes significant holdings in mutual funds and ETFs (e.g., iShares, Vanguard, SPDR), indicating a diversified investment strategy alongside direct equity positions.
Key Facts for Investor Verification
- Self-Holding: Regions Financial Corp holds a significant position in its own stock (approx. 3.7 million shares), which may include treasury stock or employee benefit plan holdings.
- Concentration: The portfolio shows heavy concentration in large-cap U.S. equities, particularly in the financial and energy sectors.
- Voting Authority: Most holdings are reported with "Sole" voting authority, though significant "Shared" voting authority exists in major positions like General Electric and Pfizer.
- Foreign Exposure: The portfolio includes substantial foreign stock holdings (e.g., Royal Dutch Shell, AstraZeneca, Alibaba Group), indicating international diversification.
- Data Limitation: Investors should note that this document does not contain Regions Financial Corp's Q3 2017 earnings, balance sheet, or cash flow data; those must be sought in the company's Form 10-Q.