SEC Filing Summary: Form 13F Information Table
Business Context and Reporting Period
This filing is a Form 13F Information Table submitted by CAPITAL ONE FINANCIAL CORP to the U.S. Securities and Exchange Commission. The reporting period covers holdings as of September 30, 2020. This document discloses the equity securities held by the company's investment managers, detailing the issuer, class of security, CUSIP, value, and voting authority.
Key Financial Metrics and Portfolio Composition
The filing provides a snapshot of the company's investment portfolio rather than its operational financial performance (revenue, profit, or cash flow). Key portfolio metrics include:
- Asset Class: The portfolio consists primarily of common stocks, exchange-traded funds (ETFs), and limited partnership units.
- Top Holdings by Value: Significant allocations are observed in large-cap technology and financial ETFs, including Goldman Sachs ETF Trust (ActiveBeta International) valued at approximately $54.7 million and Vanguard Whitehall Funds (International Bond Index) valued at approximately $50.7 million.
- Notable Individual Equity Positions:
- Apple Inc.: 68,024 shares valued at $7.9 million.
- Microsoft Corp: 28,377 shares valued at $6.0 million.
- Amazon.com Inc: 1,715 shares valued at $5.4 million.
- Capital One Financial Corp: 6,184 shares valued at $4.4 million (own stock).
- Voting Authority: The filing indicates "Sole" voting authority for all listed securities, with no shared or none authority reported.
Material Changes Versus Prior Period
The provided text contains only the snapshot of holdings for the period ending September 30, 2020. It does not include comparative data from the prior quarter (June 30, 2020) or year-over-year figures. Therefore, material changes in position size, new acquisitions, or divestitures cannot be determined from this document alone.
Guidance, Outlook, and Risks
As a statutory disclosure of holdings, this Form 13F does not contain management commentary, forward-looking guidance, or specific risk factors regarding the company's operations. The filing includes a standard disclaimer stating that the SEC has not reviewed the information for accuracy or completeness.
Investor Verification Checklist
- Verify the total aggregate value of the portfolio by summing the "Value" column, noting that the provided text lists individual line items but does not explicitly state the total portfolio value.
- Confirm the specific CUSIP numbers for large positions (e.g., Apple, Microsoft, Goldman Sachs ETFs) to ensure accurate tracking of asset classes.
- Compare these holdings against the previous quarter's Form 13F filing to identify significant rebalancing or strategic shifts in the investment portfolio.
- Note that the filing lists "Capital One Finl Corp" as a holding; verify if this represents treasury stock or an external investment.
- Review the "Investment Discretion" column to confirm that all positions are managed with "Sole" discretion, as indicated in the text.