SEC Filing Summary: Form 13F Information Table
Business Context and Reporting Period
Company: CAPITAL ONE FINANCIAL CORP
Filing Type: Form 13F Information Table (Quarterly Report of Holdings)
Reporting Period: Ended March 31, 2020
Context: This filing discloses the equity securities held by Capital One Financial Corp as a registered investment manager. It details the specific stocks, ETFs, and other equity instruments owned, along with voting authority and market value. This is a regulatory disclosure of portfolio composition, not a financial performance report of Capital One's own banking operations.
Key Financial Metrics and Portfolio Composition
Portfolio Overview: The filing lists over 200 individual holdings, including common stocks, preferred stocks, and Exchange Traded Funds (ETFs). All listed positions are reported with "Sole" voting authority and "DFND" (Defined) investment discretion.
Top Holdings by Value (Selected):
- Goldman Sachs ETF TR ActiveBeta Int: $21,668,000 (939,641 shares)
- ISHARES TR Core MSCI EAFE: $17,640,000 (353,575 shares)
- ISHARES TR 1-3 Yr Treas Bd: $39,259,000 (452,972 shares)
- VANGUARD BD INDEX FDS Total Bnd Mrkt: $32,084,000 (375,914 shares)
- VANGUARD CHARLOTTE FDS Intl Bd Idx ETF: $25,839,000 (459,276 shares)
- PACER FDS TR TrendP US Lar Cp: $9,153,000 (338,893 shares)
- SCHWAB STRATEGIC TR SCHWB FDT INT SC: $12,010,000 (511,491 shares)
- Apple Inc: $4,101,000 (16,128 shares)
- Microsoft Corp: $5,630,000 (35,701 shares)
- Amazon.com Inc: $3,665,000 (1,880 shares)
- Capital One Finl Corp (Own Stock): $463,000 (9,184 shares)
Material Changes Versus Prior Period
The provided text contains only the snapshot of holdings as of March 31, 2020. It does not include comparative data from the prior quarter (December 31, 2019) 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
Guidance and Outlook: Form 13F filings are historical disclosures of holdings and do not contain forward-looking guidance, management commentary, or strategic outlooks.
Risks and Contingencies: The filing includes a standard SEC disclaimer stating that the Commission has not reviewed the information for accuracy or completeness. No specific risk factors or contingencies regarding the portfolio are detailed in this table.
Unusual Items: The portfolio shows significant exposure to bond ETFs (e.g., iShares, Vanguard, Schwab) and factor-based equity ETFs (e.g., ActiveBeta, TrendP), suggesting a diversified, passive, or factor-investing strategy alongside individual equity picks.
Important Facts for Investor Verification
- Scope of Data: Verify that this document represents only the investment portfolio managed by Capital One, not the company's core banking financial results (revenue, net income, loan loss provisions).
- Valuation Timing: All values are as of the close of business on March 31, 2020, a date coinciding with the onset of significant global market volatility due to the emerging pandemic.
- Self-Holding: Capital One holds a relatively small position in its own common stock ($463,000) compared to its massive holdings in bond and equity ETFs.
- Asset Class Mix: The portfolio is heavily weighted toward fixed-income ETFs and broad market equity ETFs rather than concentrated individual stock positions.
- Missing Aggregates: The total market value of the entire portfolio is not explicitly summed in the text; investors must aggregate the "Value" column manually to determine total assets under management reported in this specific table.