SEC Filing Summary: Capital One Financial Corp (13F-HR)
Business Context and Reporting Period
This Form 13F-HR is a quarterly report filed by Capital One Financial Corporation, acting as an Institutional Investment Manager. The report covers the calendar quarter ended June 30, 2009, and was signed on August 14, 2009. The filing is designated as a "13F Combination Report," indicating that a portion of the holdings for this manager are reported herein, while other portions are reported by other managers (specifically Capital One, National Association).
Key Financial Metrics
As a 13F filing, this document reports equity holdings rather than the operating financial performance (revenue, profit, cash flow) of Capital One Financial Corp itself. The following metrics reflect the investment portfolio managed by the entity:
- Total Portfolio Value: $56,039,000 (reported in thousands).
- Total Number of Holdings: 767 distinct entries.
- Number of Other Included Managers: 0.
- Debt, Liquidity, and Margins: Not applicable. This filing does not disclose the balance sheet, income statement, or liquidity metrics of Capital One Financial Corp.
Material Changes and Portfolio Composition
The filing provides a snapshot of holdings as of June 30, 2009. It does not provide comparative data against the prior quarter (March 31, 2009) to calculate material changes in position size or value. However, the portfolio composition reveals significant exposure to the following sectors and issuers based on reported values:
- Top Holdings by Value:
- General Electric Co: $44,289,000
- AT&T Inc: $43,553,000
- Bristol-Myers Squibb Co: $43,047,000
- Johnson & Johnson: $23,631,000
- Verizon Communications Inc: $32,747,000
- Microsoft Corp: $21,946,000
- Sector Exposure: The portfolio includes significant positions in Technology (Microsoft, Cisco, Intel), Healthcare (Johnson & Johnson, Pfizer, Merck), Energy (Exxon Mobil, Chevron, ConocoPhillips), and Financials (Bank of America, JPMorgan Chase, Wells Fargo).
- Derivatives: The filing lists 0 shares for Put options and 0 shares for Call options across all reported holdings.
Guidance, Outlook, and Risks
Guidance and Outlook: This filing contains no management commentary, forward-looking guidance, or strategic outlook for Capital One Financial Corp or its investment strategy.
Risks and Contingencies: No specific risks or contingencies are disclosed in this form. The filing is a statutory disclosure of holdings and does not include risk factors associated with the underlying securities or the manager's operations.
Unusual Items: The report includes holdings in various Exchange Traded Funds (ETFs) such as iShares and SPDR Gold Trust, indicating a diversified approach beyond individual equities. Several holdings show zero value or zero shares (e.g., Cephalon Inc, China Med Technologies Inc), which may indicate positions closed during the quarter or reporting anomalies.
Investor Verification Checklist
- Verify the total portfolio value of $56.0 million against the full 13F schedule to ensure no data truncation occurred in the summary.
- Confirm the "Combination Report" status to understand that this filing does not represent the entirety of Capital One Financial Corp's investment activities.
- Cross-reference the top 10 holdings (e.g., General Electric, AT&T) with market prices as of June 30, 2009, to validate the reported valuation.
- Note that this document does not reflect Capital One's core banking business performance; refer to Form 10-Q for revenue and profit data.
- Check for subsequent filings (13F-HR for September 30, 2009) to analyze turnover and trading activity following this reporting period.