Regions Financial Reveals $99.7M Alphabet Stake, $16.6M 5th Third Bancorp in Q4 2023 13F

TL;DR

**Regions Financial's Q4 13F shows big bets on Alphabet and 5th Third Bancorp, signaling confidence in tech and financials.**

AI Summary

Regions Financial Corp, a national commercial bank, filed its 13F-HR on February 6, 2024, detailing its equity holdings as of December 31, 2023. The filing reveals significant sole investment positions, including 713,763 shares of Alphabet Inc. Class A stock valued at $99,705,553, and 481,983 shares of 5th Third Bancorp valued at $16,623,594. This matters to investors because it provides transparency into Regions Financial's investment strategy and its confidence in specific sectors and companies, potentially signaling trends or opportunities.

Why It Matters

This filing offers a look into Regions Financial's investment portfolio, showing where a major financial institution is allocating capital, which can influence market sentiment for the listed companies.

Risk Assessment

Risk Level: low — 13F filings are backward-looking disclosures of holdings, providing transparency without indicating immediate risk to the filer's operations.

Analyst Insight

Investors should review the specific holdings to understand Regions Financial's sector allocation and potentially identify companies that a major financial institution is favoring, but remember that 13F filings are historical snapshots.

Key Numbers

• $99.7M — Value of Alphabet Inc. Class A shares (Represents Regions Financial's largest reported sole holding by value as of December 31, 2023.)
• 713,763 — Shares of Alphabet Inc. Class A (The total number of shares of Alphabet Inc. Class A held solely by Regions Financial.)
• $16.6M — Value of 5th Third Bancorp shares (Represents a significant sole holding by value as of December 31, 2023.)
• 481,983 — Shares of 5th Third Bancorp (The total number of shares of 5th Third Bancorp held solely by Regions Financial.)
• 20231231 — Conformed Period of Report (The date to which the reported holdings apply, indicating the snapshot of the portfolio.)

Key Players & Entities

• REGIONS FINANCIAL CORP (company) — filer of the 13F-HR
• Alphabet Inc. Class A (company) — a significant holding in Regions Financial's portfolio
• 5th Third Bancorp (company) — a significant holding in Regions Financial's portfolio
• Ryan Norris (person) — Analyst for Regions Financial Corp
• $99,705,553 (dollar_amount) — value of Alphabet Inc. Class A shares held by Regions Financial
• $16,623,594 (dollar_amount) — value of 5th Third Bancorp shares held by Regions Financial

Forward-Looking Statements

• Regions Financial will likely maintain its significant stake in Alphabet Inc. Class A in the near term. (Alphabet Inc. Class A) — medium confidence, target: Q1 2024
• Regions Financial's investment in 5th Third Bancorp suggests a positive outlook on the financial sector. (5th Third Bancorp) — medium confidence, target: Mid-2024

FAQ

Filing Documents

• primary_doc.html (13F-HR)
• primary_doc.xml (13F-HR) — 2KB
• rf13fq423.html (INFORMATION TABLE)
• rf13fq423.xml (INFORMATION TABLE) — 840KB
• 0001281761-24-000004.txt ( ) — 843KB

From the Filing

SEC FORM 13F-HR The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. The reader should not assume that the information is accurate and complete. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE OMB APPROVAL OMB Number: 3235-0006 Estimated average burden hours per response: 23.8 Report for the Calendar Year or Quarter Ended: 12-31-2023 Check here if Amendment    Amendment Number: This Amendment (Check only one.):    is a restatement.    adds new holdings entries. Institutional Investment Manager Filing this Report: Name: REGIONS FINANCIAL CORP Address: 1900 FIFTH AVENUE NORTH BIRMINGHAM , AL   35203 Form 13F File Number: 028-10938 CRD Number (if applicable): The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Ryan Norris Title: Analyst Phone: 205-264-5622 Signature, Place, and Date of Signing: Matt Coleman Winston Salem ,  NC 01-30-2024 [Signature] [City, State] [Date] Report Type (Check only one.): X 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)    13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)    13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) Form 13F Summary Page Report Summary: Number of Other Included Managers: 1 Form 13F Information Table Entry Total: 1,501 Form 13F Information Table Value Total: 12,140,228,601 (round to nearest dollar) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state “NONE” and omit the column headings and list entries.] No. Name Form 13F File No. CRD No. (if applicable) SEC File No. (if applicable) CIK 1 Regions Bank 028-00829

View Full Filing

View this 13F-HR filing on SEC EDGAR