0000021175-11-000049.txt : 20111114 0000021175-11-000049.hdr.sgml : 20111111 20111114152305 ACCESSION NUMBER: 0000021175-11-000049 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110930 FILED AS OF DATE: 20111114 DATE AS OF CHANGE: 20111114 EFFECTIVENESS DATE: 20111114 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CNA FINANCIAL CORP CENTRAL INDEX KEY: 0000021175 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 366169860 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-00346 FILM NUMBER: 111201794 BUSINESS ADDRESS: STREET 1: CNA STREET 2: 333 S. WABASH CITY: CHICAGO STATE: IL ZIP: 60604 BUSINESS PHONE: 3128225000 MAIL ADDRESS: STREET 1: CNA STREET 2: 333 S. WABASH CITY: CHICAGO STATE: IL ZIP: 60604 13F-HR 1 cnaf0911.txt FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 2011 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: CNA Financial Corporation Address: 333 S. Wabash Chicago,IL 60604 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: Lawrence J. Boysen Title: Senior Vice President and Corporate Controller Phone: (312) 822 5653 Signature, Place, and Date of Signing: /s/ Lawrence J. Boysen Chicago, IL 11/14/2011 --------------------------------- --------------------------------- ---------- [Signature] [City, State] [Date] Assets reported herein are described as having shared investment discretion among Loews Corporation, CNA Financial Corporation, The Continental Corporation and Continental Casualty 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 The Continental Corporation; and The Continental Corporation owns 100% of the outstanding shares of Continental Casualty Company. Loews Corporation will report separately on securities over which it has investment discretion which are not part of this report. Report Type (Check only one.): [ X ] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 3 Form 13F Information Table Entry Total: 163 Form 13F Information Table Value Total: $333,373 (in thousands) List of Other Included Managers: No. 13F File Number Name 1 28-217 Loews Corporation 2 28-172 The Continental Corporation 3 28-387 Continental Casualty Company
Column Column Column Column Column Column Column Column 1: 2: 3: 4: 5: 6: 7: 8: Name Title Shares or Voting Authority of of CUSIP Value Principal SH/ Put/ Investment Other ------------------ Issuer Class Number (x$1000) Amount PRN Call Discretion Mgrs Sole Shared None A123 SYSTEMS INC NOTE 03739TAA6 200 309,000 PRN DEFINED 1,2,3 42,917 ABBOTT LABORATORIES COM 002824100 3,912 76,500 SH DEFINED 1,2,3 76,500 AEROPOSTALE INC COM 007865108 659 60,975 SH DEFINED 1,2,3 60,975 ALCOA INC COM 013817101 2,192 229,085 SH DEFINED 1,2,3 229,085 ALLIANT ENERGY CORP COM 018802108 352 9,100 SH DEFINED 1,2,3 9,100 ALLSTATE CORPORATION COM 020002101 1,848 78,000 SH DEFINED 1,2,3 78,000 AMERICAN EQUITY INVT LIFE COM 025676206 813 92,925 SH DEFINED 1,2,3 92,925 AMERICAN INTERNATIONAL GRP COM 026874784 1,238 56,400 SH DEFINED 1,2,3 56,400 AMERICAN REPROGRAPHICS CO COM 029263100 438 130,375 SH DEFINED 1,2,3 130,375 AMGEN INC COM 031162100 2,748 50,000 SH DEFINED 1,2,3 50,000 ANADARKO PETROLEUM CORP COM 032511107 8,859 140,500 SH DEFINED 1,2,3 140,500 ANSYS INC COM 03662Q105 237 4,824 SH DEFINED 1,2,3 4,824 APACHE CORP COM 037411105 5,216 65,000 SH DEFINED 1,2,3 65,000 APOLLO GLOBAL MANAGEMENT CL A 037612306 345 33,700 SH DEFINED 1,2,3 33,700 APOLLO GROUP INC CL A 037604105 1,107 27,950 SH DEFINED 1,2,3 27,950
Column Column Column Column Column Column Column Column 1: 2: 3: 4: 5: 6: 7: 8: Name Title Shares or Voting Authority of of CUSIP Value Principal SH/ Put/ Investment Other ------------------ Issuer Class Number (x$1000) Amount PRN Call Discretion Mgrs Sole Shared None ARGAN INC COM 04010E109 160 15,755 SH DEFINED 1,2,3 15,755 ARGO GROUP INTERNATIONAL COM G0464B107 1,287 45,350 SH DEFINED 1,2,3 45,350 ARTHUR J GALLAGHER & CO COM 363576109 750 28,500 SH DEFINED 1,2,3 28,500 ASSURANT INC COM 04621X108 3,938 110,000 SH DEFINED 1,2,3 110,000 AVNET INC COM 053807103 2,638 101,150 SH DEFINED 1,2,3 101,150 BANK OF AMERICA CORP COM 060505104 694 113,425 SH DEFINED 1,2,3 113,425 BARRICK GOLD CORP COM 067901108 3,635 77,926 SH DEFINED 1,2,3 77,926 BAXTER INTL COM 071813109 687 12,233 SH DEFINED 1,2,3 12,233 BLOUNT INTERNATIONAL INC COM 095180105 342 25,600 SH DEFINED 1,2,3 25,600 BLUEKNIGHT ENERGY PARTNERS COM 09625U109 3,433 549,260 SH DEFINED 1,2,3 549,260 BP PLC SPONS 055622104 1,551 43,010 SH DEFINED 1,2,3 43,010 BRADY CORPORATION CL A 104674106 1,201 45,450 SH DEFINED 1,2,3 45,450 CALPINE CORP COM 131347304 2,382 169,180 SH DEFINED 1,2,3 169,180 CAPITAL LEASE FUNDING INC COM 140288101 827 229,000 SH DEFINED 1,2,3 229,000 CARPENTER TECHNOLOGY COM 144285103 220 4,900 SH DEFINED 1,2,3 4,900
Column Column Column Column Column Column Column Column 1: 2: 3: 4: 5: 6: 7: 8: Name Title Shares or Voting Authority of of CUSIP Value Principal SH/ Put/ Investment Other ------------------ Issuer Class Number (x$1000) Amount PRN Call Discretion Mgrs Sole Shared None CASTLE (A.M.) & CO COM 148411101 226 20,700 SH DEFINED 1,2,3 20,700 CENOVUS ENERGY INC COM 15135U109 1,459 47,500 SH DEFINED 1,2,3 47,500 CIRCOR INTERNATIONAL INC COM 17273K109 797 27,125 SH DEFINED 1,2,3 27,125 CITIGROUP INC COM 172967424 5,125 200,094 SH DEFINED 1,2,3 200,094 COCA COLA CO COM 191216100 561 8,300 SH DEFINED 1,2,3 8,300 COLLECTIVE BRANDS INC COM 19421W100 203 15,700 SH DEFINED 1,2,3 15,700 COMCAST CORP CL A 20030N200 5,180 250,000 SH DEFINED 1,2,3 250,000 COMPUTER ASSOCIATES INTL COM 12673P105 1,434 73,902 SH DEFINED 1,2,3 73,902 COMPUTER SCIENCES CORP COM 205363104 1,806 67,275 SH DEFINED 1,2,3 67,275 CONMED CORP COM 207410101 379 16,475 SH DEFINED 1,2,3 16,475 CONSECO INC COM 12621E103 1,291 238,675 SH DEFINED 1,2,3 238,675 CONSTELLATION ENERGY PART CL B 21038E101 501 180,260 SH DEFINED 1,2,3 180,260 CON-WAY INC COM 205944101 1,241 56,075 SH DEFINED 1,2,3 56,075 CROWN CRAFTS INC COM 228309100 137 37,369 SH DEFINED 1,2,3 37,369 CURTISS-WRIGHT CORP COM 231561101 1,228 42,600 SH DEFINED 1,2,3 42,600
Column Column Column Column Column Column Column Column 1: 2: 3: 4: 5: 6: 7: 8: Name Title Shares or Voting Authority of of CUSIP Value Principal SH/ Put/ Investment Other ------------------ Issuer Class Number (x$1000) Amount PRN Call Discretion Mgrs Sole Shared None CVR PARTNERS LP COM 126633106 5,865 249,250 SH DEFINED 1,2,3 249,250 DELL COMPUTER CORP COM 24702R101 1,009 71,325 SH DEFINED 1,2,3 71,325 DELPHI FINANCIAL GROUP CL A 247131105 743 34,538 SH DEFINED 1,2,3 34,538 DELTA AIR LINES INC COM 247361702 403 53,742 SH DEFINED 1,2,3 53,742 DENBURY RESOURCES INC COM 247916208 2,013 175,000 SH DEFINED 1,2,3 175,000 DEVON ENERGY CORP COM 25179M103 6,746 121,690 SH DEFINED 1,2,3 121,690 DIAMONDROCK HOSPITALITY CO COM 252784301 896 128,171 SH DEFINED 1,2,3 128,171 DIODES INC COM 254543101 1,287 71,825 SH DEFINED 1,2,3 71,825 DUNKIN BRANDS GROUP INC COM 265504100 242 8,726 SH DEFINED 1,2,3 8,726 ENSCO INTERNATIONAL INC SPONS 29358Q109 3,032 75,000 SH DEFINED 1,2,3 75,000 ENTERGY CORP COM 29364G103 1,851 27,925 SH DEFINED 1,2,3 27,925 EOG RESOURCES INC COM 26875P101 710 10,000 SH DEFINED 1,2,3 10,000 EXELON CORP COM 30161N101 1,383 32,465 SH DEFINED 1,2,3 32,465 EXXON MOBIL CORP COM 30231G102 2,905 40,000 SH DEFINED 1,2,3 40,000 EZCORP INC CL A 302301106 759 26,600 SH DEFINED 1,2,3 26,600
Column Column Column Column Column Column Column Column 1: 2: 3: 4: 5: 6: 7: 8: Name Title Shares or Voting Authority of of CUSIP Value Principal SH/ Put/ Investment Other ------------------ Issuer Class Number (x$1000) Amount PRN Call Discretion Mgrs Sole Shared None FEDEX CORPORATION COM 31428X106 4,061 60,000 SH DEFINED 1,2,3 60,000 FIRST AMERICAN FINANCIAL COM 31847R102 405 31,675 SH DEFINED 1,2,3 31,675 FRANKLIN RESOURCES INC COM 354613101 1,090 11,400 SH DEFINED 1,2,3 11,400 GANNETT COMPANY INC COM 364730101 984 103,300 SH DEFINED 1,2,3 103,300 GLOBAL CASH ACCESS INC COM 378967103 791 308,800 SH DEFINED 1,2,3 308,800 GLOBAL INDEMNITY PLC SHS G39319101 690 40,383 SH DEFINED 1,2,3 40,383 GLOBAL INDUSTRIES LTD COM 379336100 322 40,600 SH DEFINED 1,2,3 40,600 GMX RESOURCES INC COM 38011M108 156 68,900 SH DEFINED 1,2,3 68,900 GOLDMAN SACHS GROUP INC COM 38141G104 2,075 21,950 SH DEFINED 1,2,3 21,950 GOOGLE INC CL A 38259P508 1,931 3,750 SH DEFINED 1,2,3 3,750 GRAY TELEVISION INC COM 389375106 1,473 944,444 SH DEFINED 1,2,3 944,444 GRIFFON CORPORATION COM 398433102 1,034 126,419 SH DEFINED 1,2,3 126,419 HALOZYME THERAPEUTICS INC COM 40637H109 940 153,120 SH DEFINED 1,2,3 153,120 HARSCO CORP COM 415864107 1,012 52,200 SH DEFINED 1,2,3 52,200 HARTE-HANKS INC COM 416196103 1,635 192,750 SH DEFINED 1,2,3 192,750
Column Column Column Column Column Column Column Column 1: 2: 3: 4: 5: 6: 7: 8: Name Title Shares or Voting Authority of of CUSIP Value Principal SH/ Put/ Investment Other ------------------ Issuer Class Number (x$1000) Amount PRN Call Discretion Mgrs Sole Shared None HARTFORD FINANCIAL SVCS GRP COM 416515104 807 50,000 SH DEFINED 1,2,3 50,000 HESS CORP COM 42809H107 524 9,985 SH DEFINED 1,2,3 9,985 HEWLETT-PACKARD CO COM 428236103 8,945 398,439 SH DEFINED 1,2,3 398,439 HOSPITALITY PROPERTIES COM SHS 44106M102 1,810 85,275 SH DEFINED 1,2,3 85,275 HUNTINGTON INGALLS IND COM 446413106 933 38,350 SH DEFINED 1,2,3 38,350 IMPERIAL SUGAR CO COM 453096208 104 16,175 SH DEFINED 1,2,3 16,175 INGERSOLL RAND CO SHS G47791101 2,266 80,685 SH DEFINED 1,2,3 80,685 INGRAM MICRO INC CL A 457153104 1,404 87,050 SH DEFINED 1,2,3 87,050 INTERVAL LEISURE GROUP COM 46113M108 256 19,200 SH DEFINED 1,2,3 19,200 INTERNATIONAL BUSINESS MACH COM 459200101 21,108 120,705 SH DEFINED 1,2,3 120,705 ISHARES TR S&P GRW 464287309 5,910 96,500 SH DEFINED 1,2,3 96,500 J.C. PENNEY CO INC COM 708160106 1,652 61,700 SH DEFINED 1,2,3 61,700 JAKKS PACIFIC INC COM 47012E106 758 40,025 SH DEFINED 1,2,3 40,025 JARDEN CORP COM 471109108 1,608 56,900 SH DEFINED 1,2,3 56,900 JOHNSON & JOHNSON COM 478160104 3,227 50,670 SH DEFINED 1,2,3 50,670
Column Column Column Column Column Column Column Column 1: 2: 3: 4: 5: 6: 7: 8: Name Title Shares or Voting Authority of of CUSIP Value Principal SH/ Put/ Investment Other ------------------ Issuer Class Number (x$1000) Amount PRN Call Discretion Mgrs Sole Shared None JONES APPAREL GROUP INC COM 48020T101 997 108,225 SH DEFINED 1,2,3 108,225 JPMORGAN CHASE & COMPANY COM 46625H100 4,102 136,175 SH DEFINED 1,2,3 136,175 KAISER ALUMINUM CORP COM 483007704 337 7,600 SH DEFINED 1,2,3 7,600 KAPSTONE PAPER & PACKAGING COM 48562P103 275 19,800 SH DEFINED 1,2,3 19,800 L-3 COMMUNICATIONS CORP COM 502424104 1,786 28,825 SH DEFINED 1,2,3 28,825 LEGG MASON INC COM 524901105 3,156 122,739 SH DEFINED 1,2,3 122,739 LENNAR CORP CL B 526057302 498 48,700 SH DEFINED 1,2,3 48,700 LINCOLN NATIONAL CORP IND COM 534187109 2,813 180,000 SH DEFINED 1,2,3 180,000 MASCO CORPORATION COM 574599106 1,087 152,725 SH DEFINED 1,2,3 152,725 MERCK & CO INC COM 58933Y105 6,109 186,807 SH DEFINED 1,2,3 186,807 METLIFE INC COM 59156R108 2,241 80,000 SH DEFINED 1,2,3 80,000 MI DEVELOPMENTS INC CL A 55304X104 1,637 61,675 SH DEFINED 1,2,3 61,675 MICROSOFT CORP COM 594918104 5,668 227,725 SH DEFINED 1,2,3 227,725 MOHAWK INDUSTRIES INC COM 608190104 1,281 29,850 SH DEFINED 1,2,3 29,850 MORGAN ST DEAN WITTER DISC COM 617446448 1,948 144,210 SH DEFINED 1,2,3 144,210
Column Column Column Column Column Column Column Column 1: 2: 3: 4: 5: 6: 7: 8: Name Title Shares or Voting Authority of of CUSIP Value Principal SH/ Put/ Investment Other ------------------ Issuer Class Number (x$1000) Amount PRN Call Discretion Mgrs Sole Shared None MOTOROLA INC COM 620076307 1,700 40,568 SH DEFINED 1,2,3 40,568 MTS SYSTEMS CORP COM 553777103 654 21,353 SH DEFINED 1,2,3 21,353 MUELLER WATER PRODUCTS INC COM 624758108 531 214,275 SH DEFINED 1,2,3 214,275 NARA BANCORP INC COM 63080P105 735 121,100 SH DEFINED 1,2,3 121,100 NATL PENN BCSHS INC COM 637138108 962 137,250 SH DEFINED 1,2,3 137,250 NELNET INC CL A 64031N108 306 16,300 SH DEFINED 1,2,3 16,300 NORTHROP GRUMMAN CORP COM 666807102 2,582 49,500 SH DEFINED 1,2,3 49,500 OCCIDENTAL PETROLEUM COM 674599105 6,435 90,000 SH DEFINED 1,2,3 90,000 OMNICOM GROUP COM 681919106 1,714 46,525 SH DEFINED 1,2,3 46,525 ORACLE CORP COM 68389X105 1,724 60,000 SH DEFINED 1,2,3 60,000 OVERHILL FARMS INC COM 690212105 446 120,511 SH DEFINED 1,2,3 120,511 PARK STERLING CORP COM 70086Y105 526 153,900 SH DEFINED 1,2,3 153,900 PFIZER INC COM 717081103 3,536 200,000 SH DEFINED 1,2,3 200,000 PHH CORP COM 693320202 917 57,050 SH DEFINED 1,2,3 57,050 PIKE ELECTRIC CORP COM 721283109 318 46,925 SH DEFINED 1,2,3 46,925
Column Column Column Column Column Column Column Column 1: 2: 3: 4: 5: 6: 7: 8: Name Title Shares or Voting Authority of of CUSIP Value Principal SH/ Put/ Investment Other ------------------ Issuer Class Number (x$1000) Amount PRN Call Discretion Mgrs Sole Shared None PIONEER NATURAL RESOURCES COM 723787107 2,631 40,000 SH DEFINED 1,2,3 40,000 PITNEY-BOWES INC COM 724479100 635 33,775 SH DEFINED 1,2,3 33,775 PLANTRONICS INC COM 727493108 342 12,025 SH DEFINED 1,2,3 12,025 PNC FINANCIAL CORP COM 693475105 1,227 25,469 SH DEFINED 1,2,3 25,469 PORTLAND GENERAL ELECTRIC COM 736508847 746 31,500 SH DEFINED 1,2,3 31,500 PPG INDUSTRIES COM 693506107 1,106 15,650 SH DEFINED 1,2,3 15,650 PRIMERICA INC COM 74164M108 817 37,900 SH DEFINED 1,2,3 37,900 PUBLIC SERVICE CO OF N MEX COM 69349H107 374 22,775 SH DEFINED 1,2,3 22,775 RENAISSANCERE HOLDINGS LTD COM G7496G103 1,884 29,525 SH DEFINED 1,2,3 29,525 RENT-A-CENTER INC COM 76009N100 1,550 56,450 SH DEFINED 1,2,3 56,450 ROYAL DUTCH SHELL PLC SPONS 780259206 2,178 35,395 SH DEFINED 1,2,3 35,395 SANDISK CORP NOTE 80004CAC5 4,838 5,000,000 PRN DEFINED 1,2,3 60,713 SEALY CORP COM 812139301 243 163,925 SH DEFINED 1,2,3 163,925 SEALY CORP SR SECD 812139400 430 9,075 SH DEFINED 1,2,3 9,075 SEARS HOLDINGS CORP COM 812350106 1,005 17,465 SH DEFINED 1,2,3 17,465
Column Column Column Column Column Column Column Column 1: 2: 3: 4: 5: 6: 7: 8: Name Title Shares or Voting Authority of of CUSIP Value Principal SH/ Put/ Investment Other ------------------ Issuer Class Number (x$1000) Amount PRN Call Discretion Mgrs Sole Shared None SHERWIN WILLIAMS CO COM 824348106 1,221 16,425 SH DEFINED 1,2,3 16,425 SKECHERS USA INC CL A 830566105 1,211 86,300 SH DEFINED 1,2,3 86,300 SPDR GOLD TRUST SHS 78463V107 39,515 250,000 SH DEFINED 1,2,3 250,000 STAPLES INC COM 855030102 3,553 267,110 SH DEFINED 1,2,3 267,110 STATE STREET CORP COM 857477103 946 29,400 SH DEFINED 1,2,3 29,400 TCF FINANCIAL CORP COM 872275102 898 98,075 SH DEFINED 1,2,3 98,075 TE CONNECTIVITY LTD REG SHS H84989104 1,448 51,450 SH DEFINED 1,2,3 51,450 TECH DATA CORP COM 878237106 1,070 24,762 SH DEFINED 1,2,3 24,762 TENET HEALTHCARE CORP COM 88033G100 148 36,100 SH DEFINED 1,2,3 36,100 TRAVELERS COS INC COM 89417E109 6,822 140,000 SH DEFINED 1,2,3 140,000 TUTOR PERINI CORP COM 901109108 536 46,625 SH DEFINED 1,2,3 46,625 UAL CORP COM 910047109 2,091 107,910 SH DEFINED 1,2,3 107,910 UFP TECHNOLOGIES INC COM 902673102 381 26,458 SH DEFINED 1,2,3 26,458 UNIFIRST CORP/MA COM 904708104 593 13,100 SH DEFINED 1,2,3 13,100 UNUM CORP COM 91529Y106 933 44,500 SH DEFINED 1,2,3 44,500
Column Column Column Column Column Column Column Column 1: 2: 3: 4: 5: 6: 7: 8: Name Title Shares or Voting Authority of of CUSIP Value Principal SH/ Put/ Investment Other ------------------ Issuer Class Number (x$1000) Amount PRN Call Discretion Mgrs Sole Shared None URANIUM ENERGY CORP COM 916896103 354 129,200 SH DEFINED 1,2,3 129,200 VALASSIS COMMUNICATIONS INC COM 918866104 1,140 60,850 SH DEFINED 1,2,3 60,850 VCA ANTECH INC COM 918194101 364 22,775 SH DEFINED 1,2,3 22,775 VIAD CORP COM 92552R406 172 10,143 SH DEFINED 1,2,3 10,143 VIRTUS INVESTMENT PARTNERS COM 92828Q109 1,051 19,600 SH DEFINED 1,2,3 19,600 WATSON PHARMACEUTICALS INC COM 942683103 328 4,800 SH DEFINED 1,2,3 4,800 WEBSTER FINANCIAL CORP COM 947890109 872 57,000 SH DEFINED 1,2,3 57,000 WEYERHAEUSER COMPANY COM 962166104 1,098 70,581 SH DEFINED 1,2,3 70,581 WILLIAMS COS INC COM 969457100 5,729 235,360 SH DEFINED 1,2,3 235,360 WSFS FINANCIAL CORP COM 929328102 477 15,100 SH DEFINED 1,2,3 15,100 XEROX CORP COM 984121103 5,119 734,470 SH DEFINED 1,2,3 734,470 XL GROUP PLC SHS G98290102 735 39,100 SH DEFINED 1,2,3 39,100 YAHOO! INC COM 984332106 2,307 175,151 SH DEFINED 1,2,3 175,151