13F-HR: Tompkins Financial Corp's Q2 2024 13F Filing Reveals $954.9 Million in Holdings

Tompkins Financial Corp's latest 13F filing discloses $954.9 million in managed assets as of June 30, 2024, showcasing a diverse investment portfolio.

Summary

• Tompkins Financial Corp filed its Form 13F for the quarter ended June 30, 2024.
• The filing reveals the firm's holdings, with a total value of $954,909,384.
• The report includes 789 entries, detailing the various equity positions held by the institution.
• The filing indicates the types of securities held, their values, share quantities, and voting authority.
• The firm has sole, shared, and no voting authority over different portions of its holdings.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing, presenting factual information about the company's holdings. The sentiment is neutral, reflecting standard investment activities and portfolio management.

Positives

• The filing provides a comprehensive overview of Tompkins Financial Corp's investment strategy and asset allocation.
• The detailed list of holdings allows for an analysis of the firm's investment preferences and risk exposure.
• The inclusion of voting authority information offers insights into the firm's influence on corporate governance.
• The large number of holdings suggests a diversified investment approach.

Industry Context

13F filings are a standard requirement for institutional investment managers with over $100 million in assets under management, providing transparency into their investment holdings and strategies. This filing allows investors and the public to understand Tompkins Financial Corp's investment decisions and compare them to industry peers.

Comparison to Industry Standards

• Tompkins Financial Corp's investment strategy, as reflected in the 13F filing, can be compared to similar regional financial institutions like Community Bank System Inc. and Five Star Bank.
• The asset allocation can be benchmarked against industry standards using indices like the S&P 500 and MSCI EAFE to assess relative performance and risk management.
• The holdings in ETFs such as iShares and Vanguard can be compared to the ETF allocations of other wealth management firms to gauge their approach to diversification and passive investing.

Stakeholder Impact

• Shareholders can use this information to understand the composition of the investment portfolio.
• Employees can gain insight into the financial health and investment strategies of the company.
• Customers can assess the stability and investment approach of the financial institution.

Key Dates