Business Context and Reporting Period
This Form 13F-HR is a combination report filed by Capital One Financial Corporation for the calendar quarter ended December 31, 2009. The report discloses equity holdings managed by the institution, with a portion of holdings reported by other managers (specifically Capital One, National Association, File Number 28-931).
Key Financial Metrics
The filing details the following aggregate metrics for the reported portfolio:
- Total Portfolio Value: $7,234,000 (reported in thousands).
- Total Number of Holdings: 23 entries.
- Asset Class: Primarily common stocks and exchange-traded funds (ETFs).
- Voting Authority: Sole voting authority is held for all reported positions.
Note: As a Form 13F, this document does not contain revenue, profit, cash flow, margin, debt, or liquidity data for Capital One Financial Corporation itself.
Material Changes and Portfolio Composition
The filing lists 23 specific positions. The largest holdings by value include:
- Total S A (Sponsored ADR): $9,907,000
- Microsoft Corp: $9,310,000
- Verizon Communications Inc: $8,130,000
- Price T Rowe Group Inc: $7,411,000
- Automatic Data Processing Inc: $7,331,000
The portfolio also includes fixed income exposure via ETFs (iShares Barclays US Aggregate Bond Fund and iShares Barclays TIPS Bond Fund) and holdings in major consumer and industrial sectors (e.g., Coca-Cola, Procter & Gamble, 3M, Chevron).
Guidance, Outlook, and Risks
This filing is a regulatory disclosure of holdings and does not contain management commentary, forward-looking guidance, risk factors, or contingency plans regarding the company's operations or financial outlook.
Investor Verification Checklist
- Verify the total reported value of $7.234 million represents only a specific segment of Capital One's total assets, as this is a partial report (Combination Report).
- Confirm the cross-reference to the other reporting manager, Capital One, National Association (File Number 28-931), to understand the full scope of managed assets.
- Note that the filing date was February 12, 2010, which is within the standard 45-day window for Q4 reporting.
- Recognize that this document does not reflect the bank's core lending or deposit activities, but rather its external equity investment portfolio.