SEC Filing Summary: Tompkins Financial Corp (13F-HR)
Business Context and Reporting Period
This Form 13F-HR filing reports the equity holdings of Tompkins Financial Corp as of the period ending March 31, 2006. As a 13F filing, this document discloses the investment manager's long positions in U.S. equity securities, detailing the number of shares held, the aggregate market value, and the type of voting authority (Sole, Shared, or None) for each position.
Key Financial Metrics
The filing provides a snapshot of the portfolio's composition rather than the company's operational financials (revenue, profit, cash flow). Key portfolio metrics include:
- Total Portfolio Value: $302,090,000 (Reported as 302,090 in thousands).
- Total Shares Held: 7,068,106 shares.
- Shares with Sole Voting Authority: 6,488,678 shares.
- Shares with Shared Voting Authority: 0 shares.
- Shares with No Voting Authority: 579,428 shares.
- Top Holdings by Value:
- Tompkins Trustco Inc: $46,556,000 (985,761 shares).
- Exxon Mobil Corp: $13,163,000 (234,352 shares).
- General Electric Co: $11,334,000 (323,497 shares).
- Intel Corp: $6,642,000 (266,262 shares).
- Microsoft Corp: $5,540,000 (211,951 shares).
Material Changes vs. Prior Period
The filing text provided contains only the current period's holdings table. It does not include a comparative table for the prior quarter or a summary of purchases and sales. Therefore, material changes in position size or new entries versus the prior comparable period cannot be determined from this document alone.
Guidance, Outlook, and Risks
Form 13F filings are statutory disclosures of holdings and do not contain management commentary, forward-looking guidance, risk factors, or contingency plans. The filing lists holdings across diverse sectors including Technology (Microsoft, Intel, Cisco), Energy (Exxon Mobil, Chevron), Financials (JPMorgan Chase, Bank of America), and Healthcare (Johnson & Johnson, Pfizer). The portfolio includes a significant position in the filer's own subsidiary, Tompkins Trustco Inc.
Investor Verification Checklist
- Concentration Risk: Verify the impact of the large holding in Tompkins Trustco Inc ($46.6M) relative to the total portfolio value ($302.1M), representing approximately 15.4% of the reported equity portfolio.
- Voting Rights: Note that while the majority of shares (approx. 92%) are held with "Sole" voting authority, a significant portion (approx. 8%) has "None" voting authority, often indicating shares held in street name or specific trust structures.
- Portfolio Turnover: Cross-reference this filing with the previous quarter's 13F to calculate actual turnover and identify specific trades, as this document only shows the static end-of-period snapshot.
- Valuation Context: Confirm that the "Value" column represents the aggregate market value at the end of the quarter, not the cost basis or current market value.