13F-HR/A 1 cnafdectm.txt FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2000 Check here if Amendment [ x ]; Amendment Number:1 This Amendment (Check only one.): [ x ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: CNA Financial Corporation Address: CNA Plaza Chicago,IL 60685 13F File Number: 28-346 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct, and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Lynne Gugenheim Title: Senior Vice President and Deputy General Counsel Phone: (312) 822 4921 Signature, Place, and Date of Signing: November 12, 2002 Chicago, Illinois, 60685 I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934 Report Type (Check only one.): [ X ] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: Assets reported herein are described as having shared investment discretion among Loews Corporation, CNA Financial Corporation,The Continental Corporation, Continental Casualty Company and Continental Assurance Company. Each of the foregoing entities specifically disclaims ownership of any securities in this report which are not beneficially owned by that entity and states that such assets are solely under the control of its board of directors. The characterization of shared investment discretion with parent holding companies is made solely as a consequence of SEC interpretations regarding control of the subsidiary through share ownership. Loews Corporation owns approximately 90% of the outstanding shares of CNA Financial Corporation; CNA Financial Corporation owns 100% of the outstanding shares of Continental Casualty Company and The Continental Corporation; and Continental Casualty Company owns 100% of the outstanding shares of Continental Assurance Company. Loews Corporation will report separately on securities over which it has investment discretion which are not part of this report. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 4 Form 13F Information Table Entry Total: 326 Form 13F Information Table Value Total: 2,378,483 (in thousands) List of Other Included Managers: No. 13F File Number Name 1 28-172 The Continental Corporation 2 28-217 Loews Corporation 3 28-386 Continental Assurance Company 4 28-387 Continental Casualty Company 13F INFORMATION TABLE CLASS VALUE OTHER PUT/ INVSTMT VOTING AUTHORITY NAME OF ISSUER TITLE CUSIP (X1000) MGRS AMOUNT TYPE CALL DSCRETN SOLE SH NONE ACME COMMUNICATIONS INC COM 004631107 6,156 4,2 674595 SH DEFINED 674595 ADELPHIA COMMUNICATIONS CL A 006848105 10,325 4,2 200000 SH DEFINED 200000 ADVANCED ENERGY INDUSTRIES COM 007973100 1,363 3,2 60570 SH DEFINED 60570 ADVANTICA RESTAURANT GRP COM 00758B109 2,016 4,2 3225087 SH DEFINED 3225087 AFFIL COMPUTER SB NT CV 008190AD2 7,145 3,2 4720000 PRN DEFINED AFFILIATED COMPUTER SVCS CL A 008190100 5,249 3,2 86500 SH DEFINED 86500 AGCO CORP COM 001084102 2,152 4,2 177500 SH DEFINED 177500 AGILENT TECHNOLOGIES INC COM 00846U101 1,095 3,2 20000 SH DEFINED 20000 AGNICO-EAGLE MINES LTD COM 008474108 1,440 4,2 240000 SH DEFINED 240000 ALCOA INC COM 013817101 7,571 3,2 226000 SH DEFINED 226000 ALLERGAN INC COM 018490102 3,282 3,4,2 33900 SH DEFINED 33900 ALLERGAN INC LYONZR 018490AB8 6,210 3,4,2 9000000 PRN DEFINED ALLIN COMMUNICATIONS CORP COM 019924109 425 4,2 340000 SH DEFINED 340000 ALLTEL CORP COM 020039103 6,297 4,2,1 100852 SH DEFINED 100852 AMBAC FINANCIAL GROUP INC COM 023139108 5,248 4,2 90000 SH DEFINED 90000 AMERADA HESS COM 023551104 9,133 4,2 125000 SH DEFINED 125000 AMERICA ONLINE INC COM 02364J104 2,192 3,2 63000 SH DEFINED 63000 AMERICA WEST HOLDINGS CL B 023657208 273 3,2 21278 SH DEFINED 21278 AMERICAN BUSINESS FINL SVCS COM 02476B106 146 4,2 25042 SH DEFINED 25042 AMERICAN CAPITAL STRATEGIES COM 024937104 4,093 4,2 162500 SH DEFINED 162500 AMERICAN EXPRESS COM 025816109 4,670 3,2 85000 SH DEFINED 85000 AMERICAN INTL GROUP INC COM 026874107 1,349 4,2 13690 SH DEFINED 13690 AMERICAN TOWER NT CV 029912AE2 880 3,2 960000 PRN DEFINED AMERICAN TOWER NT CONV 029912AF9 1,320 3,2 1440000 PRN DEFINED AMR CORP COM 001765106 3,135 4,2 80000 SH DEFINED 80000 ANADARKO PETROLEUM CORP COM 032511107 8,334 4,2 117250 SH DEFINED 117250 ANHEUSER BUSCH CO COM 035229103 1,597 4,2 35100 SH DEFINED 35100 ANTEC CORP COM 03664P105 316 2 40000 SH DEFINED 40000 ANTEC CORP SB NT CV 03664PAA3 1,187 4,2 2250000 PRN DEFINED AON CORP COM 037389103 17,639 4,2 515000 SH DEFINED 515000 APPLIED MATERIALS INC. COM 038222105 3,628 3,2 95000 SH DEFINED 95000 ARCHER DANIELS COM 039483102 11,688 4,2 779231 SH DEFINED 779231 ARGUSS COMMUNICATIONS INC COM 040282105 5,185 4,2 568212 SH DEFINED 568212 AT & T CORPORATION COM 001957109 11,153 4,2,1 646565 SH DEFINED 646565 AT HOME CORP SB DB CV 045919AC1 2,118 4,2 7000000 PRN DEFINED AT HOME CORP SUB NT CV 045919AF4 10,378 3,4,2 20500000 PRN DEFINED AT HOME CORP COM SERA 045919107 1,659 4,2 300000 SH DEFINED 300000 BANK ONE CORP COM 06423A103 458 4,2 12500 SH DEFINED 12500 BAYCORP HOLDINGS LTD COM 072728108 2,560 3,2 386442 SH DEFINED 386442 BEAR STEARNS COMPANIES INC COM 073902108 3,548 4,2 70000 SH DEFINED 70000 BELO CORPORATION COM SERA 080555105 3,200 4,2 200000 SH DEFINED 200000 BEVERLY ENTERPRISES INC COM NEW 087851309 6,221 4,2 759900 SH DEFINED 759900 BOEING COMPANY COM 097023105 6,600 4,2 100000 SH DEFINED 100000 BOWATER INC COM 102183100 2,920 4,2 51800 SH DEFINED 51800 BRIGGS & STRATTON CORP COM 109043109 257 4,2 5800 SH DEFINED 5800 BUCKHEAD AMERICA CORP COM 11835A105 78 4,2 21579 SH DEFINED 21579 BURLINGTON NORTHERN SANTA FE COM 12189T104 2,010 4,2 71000 SH DEFINED 71000 BURLINGTON RESOURCES INC COM 122014103 10,605 4,2 210000 SH DEFINED 210000 CABOT OIL & GAS CORP CL A 127097103 1,095 4,2 35100 SH DEFINED 35100 CALPINE CORPORATION COM 131347106 5,855 3,4,2 126800 SH DEFINED 126800 CANADIAN NATL RAILWAY CO COM 136375102 7 3,2 224 SH DEFINED 224 CAPITAL ONE FINANCIAL CORP COM 14040H105 3,291 4,2 50000 SH DEFINED 50000 CARDINAL HEALTH INC. COM 14149Y108 5,940 3,2 59625 SH DEFINED 59625 CATELLUS DEVELOPMENT CORP COM 149111106 1,885 4,2 107724 SH DEFINED 107724 CELESTICA INC SUB VTGSHS 15101Q108 24,413 3,4,2 450000 SH DEFINED 450000 CELESTICA INC LYONZR 15101QAA6 57,638 3,4,2 134380000 PRN DEFINED CENTRAL VERMONT PUB SERV COM 155771108 991 4,2 81300 SH DEFINED 81300 CH ENERGY GROUP INC. COM 12541M102 1,137 4,2 25400 SH DEFINED 25400 CISCO SYSTEMS INC COM 17275R102 5,738 3,2 150000 SH DEFINED 150000 CITIGROUP INC COM 172967101 5,515 3,2 108000 SH DEFINED 108000 CLEAR CHANNEL COMM COM 184502102 6,828 3,4,2 140000 SH DEFINED 140000 CLOROX CO COM 189054109 2,840 4,2 80000 SH DEFINED 80000 CNA INCOME SHARES INC COM 126119106 937 4,2 137472.81 SH DEFINED 137472.81 CNA SURETY CORPORATION COM 12612L108 390,808 4,2,1 27425147 SH DEFINED 27425147 COLT TELECOM GROUP ADR 196877104 263 4,2 3000 SH DEFINED 3000 COMCAST CORP CL A SPL 200300200 5,010 3,2 120000 SH DEFINED 120000 COMMUNICATION INTELLIGENCE COM 20338K106 680 2 660000 SH DEFINED 660000 CONECTIV COM 206829103 766 4,2 38200 SH DEFINED 38200 CONOCO INC CL A 208251306 4,008 4,2 140000 SH DEFINED 140000 CONSOLIDATED FREIGHTWAYS COM 209232107 670 4,2 159900 SH DEFINED 159900 CONSTELLATION ENERGY GRP COM 210371100 6,462 4,2 143400 SH DEFINED 143400 CONVERGYS CORP COM 212485106 453 2 10000 SH DEFINED 10000 CORN PRODUCTS INTL INC COM 219023108 3,764 4,2 129500 SH DEFINED 129500 CORNING INC. COM 219350105 6,824 3,4,2 124600 SH DEFINED 124600 CYANOTECH CORP COM 232437202 473 2,1 605155 SH DEFINED 605155 CYPRESS SEMICON SUB NT CV 232806AE9 3,172 3,2 4100000 PRN DEFINED CYPRESS SEMICONDUCTOR COM 232806109 1,309 3,2 66500 SH DEFINED 66500 D.R. HORTON INC COM 23331A109 3,543 4,2 145000 SH DEFINED 145000 DEAN FOODS CO COM 242361103 1,169 4,2 38100 SH DEFINED 38100 DEERE & CO COM 244199105 3,207 4,2 70000 SH DEFINED 70000 DEL MONTE FOODS CO COM 24522P103 1,772 4,2 244400 SH DEFINED 244400 DELPHI AUTOMOTIVE SYSTEMS COM 247126105 1,431 4,2 127200 SH DEFINED 127200 DELPHI FINANCIAL GROUP CL A 247131105 4,235 4,2 110000 SH DEFINED 110000 DELTA AIR INC COM 247361108 4,050 4,2 80700 SH DEFINED 80700 DOLLAR THRIFTY AUTOMOTIVE COM 256743105 2,156 2 115000 SH DEFINED 115000 DOW CHEMICAL CORP COM 260543103 4,029 4,2 110000 SH DEFINED 110000 DU PONT DE NEMOURS E.I. COM 263534109 1,449 4,2 30000 SH DEFINED 30000 EAST-WEST BANCORP INC. COM 27579R104 31,922 4,2 1280100 SH DEFINED 1280100 ECHOSTAR COMM SUB NT CV 278762AB5 975 3,2 1300000 PRN DEFINED ECHOSTAR COMMUNICATIONS CL A 278762109 501 3,2 22030 SH DEFINED 22030 EDISON INTERNATIONAL COM 281020107 531 4,2 34000 SH DEFINED 34000 EMC CORPORATION COM 268648102 4,416 3,2 66400 SH DEFINED 66400 EMERSON ELECTRIC COMPANY COM 291011104 3,862 3,2 49000 SH DEFINED 49000 ENCOMPASS SERVICES CORP COM 29255U104 346 4,2 68397 SH DEFINED 68397 ENERGY EAST CORPORATION COM 29266M109 2,370 4,2 120400 SH DEFINED 120400 ENGEL GENERAL DEVELOPERS ORD M40515104 465 4,2 120000 SH DEFINED 120000 ENRON CORP COM 293561106 9,975 3,2 120000 SH DEFINED 120000 EQUANT NV NY REG SHS 294409107 1,433 3,2 55000 SH DEFINED 55000 ERICSSON (LM) TEL ADR CL B 294821400 168 2 15000 SH DEFINED 15000 ESTEE LAUDER COMPANIES CL A 518439104 44 4,2 1000 SH DEFINED 1000 EXCITE@HOME SB NT CV 045919AD9 10,378 3,4,2 20500000 PRN DEFINED EXIGENT INTERNATIONAL INC COM 302056106 0 3,2 125 SH DEFINED 125 EXODUS COMMUNICATIONS INC COM 302088109 40 4,2 2000 SH DEFINED 2000 FEDERAL HM LOAN MORTGAGE CORP COM 313400301 3,168 3,2 46000 SH DEFINED 46000 FEDERATED DEPART STORES INC COM 31410H101 914 4,2 26100 SH DEFINED 26100 FIRST DATA CORP COM 319963104 3,952 3,2 75000 SH DEFINED 75000 FIRST UNION CORP COM 337358105 2,781 4,2 100000 SH DEFINED 100000 FORD MOTOR COMPANY COM 345370860 7,302 4,2 311564 SH DEFINED 311564 FOX ENTERTAINMENT GRP INC CL A 35138T107 894 4,2 50000 SH DEFINED 50000 FPL GROUP COM 302571104 3,946 4,2 55000 SH DEFINED 55000 FRIEDMAN BILLINGS RAMSEY CL A 358433100 335 4,2 51000 SH DEFINED 51000 GEN SEMICONDUCTR SUB NT CV 370787AB9 643 3,2 1000000 PRN DEFINED GENENTECH INC COM NEW 368710406 2,364 3,2 29000 SH DEFINED 29000 GENERAL COMMUNICATION CL A 369385109 55 3,2 7913 SH DEFINED 7913 GENERAL ELECTRIC CO COM 369604103 6,184 3,2 129000 SH DEFINED 129000 GENERAL MOTORS CORP COM 370442105 3,951 4,2 77563 SH DEFINED 77563 GENERAL MOTORS CORP CL H 370442832 5,957 3,4,2 259000 SH DEFINED 259000 GENERAL SEMICONDUCTOR INC COM 370787103 268 3,2 42900 SH DEFINED 42900 GENZYME CORP - GENL DIVISION COM 372917104 5,594 3,2 62200 SH DEFINED 62200 GENZYME SURGICAL PRODUCTS COM 372917609 78 3,2 11150 SH DEFINED 11150 GENZYME-MOLECULAR ONCOLOGY COM 372917500 62 3,2 6700 SH DEFINED 6700 GEORGIA-PACIFIC CORPORATION COM 373298108 3,797 4,2 122000 SH DEFINED 122000 GILLETTE CO. COM 375766102 2,673 3,2 74000 SH DEFINED 74000 GLAMIS GOLD LTD SV COM 376775102 1,127 4,2 721240 SH DEFINED 721240 GLOBAL CROSSING LTD COM G3921A100 276,835 4,2 19342157 SH DEFINED 19342157 GOLD STANDARD INC COM 380724302 78 4,2 82812.5 SH DEFINED 82812.5 GRAPHIC PACKAGING INTL COM 388690109 0 2,1 2 SH DEFINED 2 GULF CANADA RES LTD ORD 40218L305 3,905 4,2 771400 SH DEFINED 771400 HAIN CELESTIAL GROUP INC COM 405217100 1,463 3,2 45000 SH DEFINED 45000 HAYES LEMMERZ INTL INC COM COM 420781106 1,902 2 284500 SH DEFINED 284500 HEALTH CARE PPTYS INVEST INC COM 421915109 1,912 4,2 64000 SH DEFINED 64000 HEALTHCARE REALTY TRUST INC COM 421946104 4,698 4,2 221100 SH DEFINED 221100 HEALTHSOUTH CORP SB DB CV 421924AF8 4,413 4,2 5000000 PRN DEFINED HEALTHSOUTH CORP. COM 421924101 8,164 4,2 500500 SH DEFINED 500500 HEARST-ARGYLE TELEVISION INC COM 422317107 4,903 4,2 239900 SH DEFINED 239900 HERCULES INC COM 427056106 1,525 4,2 80000 SH DEFINED 80000 HILTON HOTELS CORP COM 432848109 6,353 4,2 605000 SH DEFINED 605000 HOME DEPOT COM 437076102 457 2 10000 SH DEFINED 10000 HOMESTAKE MINING CO COM 437614100 1,256 4,2 300000 SH DEFINED 300000 HORIZON GROUP PROPERTIES COM 44041U102 2 4,2 630 SH DEFINED 630 HOUSEHOLD INTL INC COM 441815107 15,840 4,2 288000 SH DEFINED 288000 IKON MBIA INC. COM 55262C100 2,965 4,2 40000 SH DEFINED 40000 IMC GLOBAL INC COM 449669100 1,038 4,2 66700 SH DEFINED 66700 INGERSOLL RAND CO COM 456866102 5,528 4,2 132000 SH DEFINED 132000 INSWEB CORPORATION COM 45809K103 1,198 4,2 1368967 SH DEFINED 1368967 INTEL CORP COM 458140100 2,093 3,2 69200 SH DEFINED 69200 INTL BUSINESS MACHINE COM 459200101 19,414 3,4,2 228400 SH DEFINED 228400 INTERNATIONAL PAPER CO. COM 460146103 4,081 4,2 100000 SH DEFINED 100000 INTERSTATE BAKERIES COM 46072H108 2,801 4,2 199200 SH DEFINED 199200 INTL RECTIFIER SUB NT CV 460254AD7 3,112 3,2 4680000 PRN DEFINED INTL RECTIFIER CORP COM 460254105 1,338 3,2 44600 SH DEFINED 44600 IVAX CORP COM 465823102 3,658 3,2 95500 SH DEFINED 95500 IVAX CORP SR SUB CV 465823AB8 5,380 3,2 4300000 PRN DEFINED JOHNSON & JOHNSON COM 478160104 4,012 3,2 38184 SH DEFINED 38184 JPS INDUSTRIES INC COM 46624E405 1,991 4,2 419243 SH DEFINED 419243 KEYSPAN CORPORATION COM 49337W100 2,754 4,2 65000 SH DEFINED 65000 KINROSS GOLD CORP COM 496902107 1,135 4,2 2100000 SH DEFINED 2100000 KOHLS CORP COM 500255104 6,820 3,4,2 111800 SH DEFINED 111800 KROGER COMPANY COM 501044101 12,968 3,4,2 479200 SH DEFINED 479200 KULICKE & SOFFA INDUSTRIES SUB NT CV 501242AE1 2,510 3,2 3450000 PRN DEFINED KULICKE & SOFFA INDUSTRIES COM 501242101 696 3,2 61900 SH DEFINED 61900 L-3 COMM HLDGS SR SB CV 502424AA2 4,442 3,2 4000000 PRN DEFINED L-3 COMMUNICATIONS CORP COM 502424104 2,526 3,2 32800 SH DEFINED 32800 LAM RESEARCH CORP COM 512807108 1,289 3,2 88900 SH DEFINED 88900 LAMAR ADVERTISIN NT CV 512815AF8 2,520 3,2 2450000 PRN DEFINED LAMAR ADVERTISING CO CL A 512815101 1,567 3,2 40600 SH DEFINED 40600 LATTICE SEMICOND SUB NT CV 518415AC8 2,824 3,2 2600000 PRN DEFINED LIBERTY MEDIA COM 001957208 7,297 3,2 538048 SH DEFINED 538048 LIBERTY PROPERTY TRUST SH BEN INT 531172104 19,642 4,2 687700 SH DEFINED 687700 LIGHTSPAN INC COM 53226T103 11 3,2 7500 SH DEFINED 7500 LILLY (ELI) & CO. 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COM 655844108 6,922 4,2 520000 SH DEFINED 520000 NORTH FORK BANCORPORATION COM 659424105 4,845 4,2 197250 SH DEFINED 197250 NORTHROP GRUMMAN CORP COM 666807102 2,490 4,2 30000 SH DEFINED 30000 OGE ENERGY CORP COM 670837103 1,938 4,2 79300 SH DEFINED 79300 ON COMMAND CORPORATION COM 682160106 3,084 4,2 352480 SH DEFINED 352480 ON COMMAND CORPORATION WT B 682160122 154 4,2 123130 SH CALL DEFINED OVERSEAS SHIPHOLDING GROUP COM 690368105 2,897 4,2 126300 SH DEFINED 126300 OWENS-ILL INC PFD CONV 690768502 267 4,2 20500 SH DEFINED 20500 P G & E CORPORATION COM 69331C108 600 4,2 30000 SH DEFINED 30000 PACTIV CORPORATION COM 695257105 1,052 4,2 85000 SH DEFINED 85000 PALL CORP COM 696429307 1,598 4,2 75000 SH DEFINED 75000 PATHMARK STORES INC COM 70322A101 17,604 4,2 1066932 SH DEFINED 1066932 PENNEY (J.C.) CO. INC. 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