Capital One Financial Corp. (NYSE:COF) is a diversified bank that offers a wide array of financial services through its subsidiaries. The bank submitted its SEC 13F filings on October 14 for the quarter ending September 30, 2014. According to the filings, its primary investments are Apple Inc. (NASDAQ:AAPL), Exxon Mobil Corporation (NYSE:XOM), and Chevron Corporation (NYSE:CVX).
The filings put Apple Inc. (NASDAQ:AAPL) as the top investment of Capital One Financial Corp with investment worth $30.2 million. (NASDAQ:AAPL) is a renowned maker of premium smartphones, tablets, desktops, and laptops. The Cupertino, California-based company is also a developer of software products for its gadgets. It also produces peripherals and offers networking solutions. The company’s most talked about acquisition this year is Beats Electronics, which it acquired for $3 billion. This acquisition also included Beats Music, which is an online music streaming service.
Exxon Mobil Corporation (NYSE:XOM) emerged as the second largest investment of Capital One Financial Corp with an investment worth $20.1 million. The company is an American oil and gas corporation. Besides the principal business of the company, it also has several other segments such as petrochemicals and an array of specialty products. In most of these segments, the company operates through its subsidiaries. Some of the company’s subsidiaries are Exxon, ExxonMobil, Vacuum Oil Company, and Esso. A few of the renowned shareholders in the company include Warren Buffet’s Berkshire Hathaway Inc, Vanguard Group, Inc., State Street Corporation, JP Morgan Chase & Company, and Bank of America Corporation.
The very filings put Chevron Corporation (NYSE:CVX) as the third largest investment with $13.8 million in investment value. This is an energy company that has its operations in different countries across the globe. The company has its headquarters in Ramon, California, and has businesses in oil, gas, geothermal energy sector, and more. Its main subsidiaries are Unocal Corporation, Texaco, and many others name Chevron plus their respective countries of incorporation. Its top three shareholders are SSgA Funds Management, Inc. (5.43%), The Vanguard Group, Inc. (5.29%), and BlackRock Fund Advisors (4.02%).
This article has been written by Victor Ochieng.