Business Context and Reporting Period
This Form 13F-HR is a combination report filed by Capital One Financial Corporation for the quarter ended March 31, 2010. The report discloses equity holdings managed by Capital One, with a portion of holdings also reported by Capital One, National Association (File Number 28-931). The filing was signed on May 5, 2010, by Matthew J. Murphy, Head of Brokerage, Trust, COAM.
Key Financial Metrics
The filing discloses the following aggregate portfolio metrics:
- Total Portfolio Value: $6,394,000 (reported in thousands).
- Total Number of Holdings: 24 entries.
- Asset Class: Primarily common stocks and exchange-traded funds (ETFs).
- Voting Authority: All reported positions are held with sole voting authority.
Note: As a Form 13F, this document reports external investment holdings and does not contain Capital One Financial Corporation's internal revenue, profit, cash flow, debt, or liquidity metrics.
Material Changes and Portfolio Composition
The filing lists 24 specific positions. The largest holdings by value include:
- Verizon Communications Inc: $7,697,000 (7,697 shares).
- Microsoft Corp: $8,576,000 (8,576 shares).
- Bristol-Myers Squibb Co: $10,945,000 (10,945 shares).
- AT&T Inc: $6,264,000 (6,264 shares).
- Automatic Data Processing Inc: $6,590,000 (6,590 shares).
The portfolio also includes fixed-income ETFs (iShares Barclays US Aggregate Bond Fund and iShares Barclays TIPS Bond Fund) and a diverse mix of consumer staples, energy, and industrial companies. The filing text does not provide comparative data for the prior quarter to determine material changes in position size.
Guidance, Outlook, and Risks
This filing is a regulatory disclosure of holdings and does not contain management commentary, financial guidance, outlook, or risk factors regarding Capital One Financial Corporation's operations. The report confirms that the information provided is true, correct, and complete as of the signing date.
Investor Verification Checklist
- Verify the total reported value of $6,394,000 against the sum of individual position values to ensure data integrity.
- Confirm that the "Combination Report" status implies other managers (Capital One, National Association) hold additional assets not listed in this specific table.
- Note that the reported values are in thousands, meaning the actual total value is approximately $6.4 million.
- Recognize that this document reflects external investments made by Capital One, not the company's own financial performance or balance sheet.