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 June 30, 2021. 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 (e.g., revenue or net income). Key portfolio metrics include:
- Asset Class: The portfolio consists primarily of common stocks and Exchange-Traded Funds (ETFs).
- Top Holdings by Value: Significant allocations are observed in large-cap technology and financial stocks, including Apple Inc. ($6,410,000), Microsoft Corp. ($5,360,000), and Amazon.com Inc. ($2,674,000).
- ETF Exposure: The portfolio holds substantial positions in passive index funds, particularly from iShares (e.g., MSCI USA Min Vol, MSCI USA Value) and Vanguard (e.g., Total Bond Market, Intermediate-Term Corp Bond).
- Voting Authority: For all listed securities, the investment manager holds Sole voting authority (Column 7 = 1, Shared = 0, None = 0).
Material Changes Versus Prior Period
The filing text provided does not contain comparative data from the prior quarter (March 31, 2021). Consequently, material changes in holdings, additions, or deletions cannot be determined from this document alone.
Guidance, Outlook, and Risks
As a Form 13F filing, this document is a regulatory disclosure of holdings and does not contain management commentary, forward-looking guidance, risk factors, or contingency plans. The filing includes a standard disclaimer stating that the SEC has not reviewed the information for accuracy or completeness.
Important Facts for Investor Verification
- Portfolio Concentration: Verify the concentration risk in specific sectors, notably Technology (Apple, Microsoft, Alphabet) and Financials (JPMorgan, Wells Fargo, Goldman Sachs).
- Passive vs. Active: Note the heavy reliance on ETFs (iShares, Vanguard, SPDR) which suggests a significant portion of the portfolio is managed passively or via factor-based strategies (e.g., Low Volatility, Quality, Momentum).
- Valuation Basis: All values are reported in thousands (x$1,000). Ensure calculations account for this multiplier when assessing total portfolio size.
- Missing Data: This filing does not disclose the company's own financial health (liquidity, debt, or earnings); investors must refer to the company's 10-Q or 10-K filings for operational metrics.