Capital One Financial Corp
- SEC CIK
- 0000927628
- Latest filing
- Apr 13, 2022
The latest 13F from Capital One Financial Corp covers Q1 2022 (filed Apr 13, 2022): 91 long positions worth $141.4M. The top 10 holdings make up 46.7% of the portfolio, and the largest is iShares MSCI USA Min Vol Factor ETF at 7.8%. Livermore has 5 filings on Form 13F from this institution, going back to Q1 2021.
What changed in Q1 2022
Share counts compared with Q4 2021: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.
- New
- 1
- Est. +$243.0K
- Added
- 0
- Reduced
- 86
- Est. −$581.7M
- Sold out
- 97
- Est. −$60.6M
Top 5 holdings
Share of this quarter's portfolio value
- iShares MSCI USA Min Vol Factor ETF46429B6977.8%$11.0M
- Goldman Sachs ETF Tr3814301077.0%$9.94M
- iShares MSCI USA Quality Factor ETF46432F3395.0%$7.10M
- Vanguard Mun BD FDS9229077464.6%$6.45M
- iShares MSCI Eafe Min Vol Factor ETF46429B6894.5%$6.33M
Share of portfolio
Top 5 holdings and the other 86 positions, by share of portfolio value
- iShares MSCI USA Min Vol Factor ETF7.8%
- Goldman Sachs ETF Tr7.0%
- iShares MSCI USA Quality Factor ETF5.0%
- Vanguard Mun BD FDS4.6%
- iShares MSCI Eafe Min Vol Factor ETF4.5%
- Other 86 positions71.1%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- iShares MSCI USA Quality Factor ETF46432F339−$69.3MReduced
- Goldman Sachs ETF Tr381430107−$46.4MReduced
- iShares MSCI USA Momentum Factor ETF46432F396−$42.7MReduced
- iShares MSCI USA Min Vol Factor ETF46429B697−$35.4MReduced
- Vanguard Total Bond Market ETF921937835−$29.8MReduced
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- iShares MSCI USA Quality Factor ETF46432F339−4.95 pp10.0% → 5.0%
- iShares MSCI USA Momentum Factor ETF46432F396−2.55 pp6.2% → 3.7%
- Vanguard Total Bond Market ETF921937835−0.94 pp4.5% → 3.5%
- Dimensional U.S. Core Equity 2 ETF25434V708−0.83 pp0.8% → 0.0%
- iShares Tips Bond ETF464287176−0.78 pp3.3% → 2.5%
Metrics
13F metrics for Q1 2022, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $141.4M
- −$686.7M (−82.9%) vs. prior quarter
- Positions
- 91
- −96 vs. prior quarter
- Top 10 concentration
- 46.7%
- Top 10 as share of value
- Turnover
- 0.1%
- Q1 2022, one quarter
- Average holding period
- 5.0 quarters
- Weighted by value
How these are calculated
- Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
- Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
- Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
- Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.
13F filings by quarter
5 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $828.1M (Q4 2021)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q1 2022 | Apr 13, 2022 | 91 | $141.4M | iShares MSCI USA Min Vol Factor ETFGoldman Sachs ETF TriShares MSCI USA Quality Factor ETF | vs. Q4 2021 | SEC |
| Q4 2021 | Feb 9, 2022 | 187 | $828.1M | iShares MSCI USA Quality Factor ETFGoldman Sachs ETF TriShares MSCI USA Momentum Factor ETF | vs. Q3 2021 | SEC |
| Q3 2021 | Nov 12, 2021 | 192 | $809.5M | iShares MSCI USA Min Vol Factor ETFGoldman Sachs ETF TriShares MSCI USA Quality Factor ETF | vs. Q2 2021 | SEC |
| Q2 2021 | Aug 16, 2021 | 191 | $823.8M | Goldman Sachs ETF TriShares MSCI USA Momentum Factor ETFiShares Tr | vs. Q1 2021 | SEC |
| Q1 2021 | May 14, 2021 | 189 | $771.5M | Goldman Sachs ETF TriShares MSCI USA Momentum Factor ETFiShares Tr | – | SEC |