-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, B9CrF8LT2uSjhCfJQ+uukrbOBX9ZqqtEOcZGabdEAzExxSSWGFu/UrKg0ToGjF5w ytxPbJsXLwSr+gQxHRWYqQ== 0000060086-09-000041.txt : 20090812 0000060086-09-000041.hdr.sgml : 20090812 20090812092420 ACCESSION NUMBER: 0000060086-09-000041 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090630 FILED AS OF DATE: 20090812 DATE AS OF CHANGE: 20090812 EFFECTIVENESS DATE: 20090812 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LOEWS CORP CENTRAL INDEX KEY: 0000060086 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 132646102 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-00217 FILM NUMBER: 091005387 BUSINESS ADDRESS: STREET 1: 667 MADISON AVE CITY: NEW YORK STATE: NY ZIP: 10065-8087 BUSINESS PHONE: 212-521-2000 MAIL ADDRESS: STREET 1: 667 MADISON AVE CITY: NEW YORK STATE: NY ZIP: 10065-8087 13F-HR 1 lc13f_body.txt LOEWS CORPORATION FORM 13-F FORM 13F UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ------------------ FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended June 30, 2009 Check here if Amendment: [ ]; Amendment Number: ------- This Amendment: [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Loews Corporation - ------------------------------------------------------------------------------ Address: 667 Madison Avenue New York New York 10065 - ------------------------------------------------------------------------------ (Street) (City) (State) (Zip) Form 13F File Number: 28-217 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: Gary W. Garson - ------------------------------------------------------------------------------ Title: General Counsel and Senior Vice President - ------------------------------------------------------------------------------ Phone: 212-521-2932 - ------------------------------------------------------------------------------ Signature, Place, and Date of Signing: /s/ Gary W. Garson - ------------------------------------------------------------------------------ (Signature) Place: 667 Madison Avenue New York New York 10065 - ------------------------------------------------------------------------------ (Street) (City) (State) (Zip) Date: August 12, 2009 - ------------------------------------------------------------------------------ Page 1 of 15 Loews Corporation ("Loews"), by virtue of its approximately 90% ownership of voting securities of CNA Financial Corporation whose business address is CNA Plaza, Chicago, Illinois 60685 ("CNA"), may be deemed to have investment discretion regarding certain securities (the "CNA Securities") as to which investment discretion is deemed to be exercised by CNA. CNA is reporting on behalf of Loews regarding the CNA Securities. Report Type: [ ] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [X] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager. Form 13F File Number: 28-346 Name: CNA Financial Corporation Page 2 of 15 FORM 13F SUMMARY PAGE REPORT SUMMARY Number of Other Included Managers: NONE. Form 13F Information Table Entry Total: 148 Form 13F Information Table Value Total: $12,431.3 (million) List of Other Included Managers: NONE. Page 3 of 15
Column Column Column Column Column Column Column Column 1: 2: 3: 4: 5: 6: 7: 8: Title Shares or Voting Authority(Shares) of CUSIP Value Principal Investment Other ------------------------- Name of Issuer Class Number (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None 3COM CORP Common 885535104 946 200,000 SH Sole 200,000 3M CO Common 88579Y101 2,248 37,400 SH Sole 37,400 AFFILIATED COMPUTER Common 008190100 5,612 126,349 SH Sole 126,349 SERVICES AGNICO EAGLE MINES Common 008474108 3,188 60,750 SH Sole 60,750 LTD ALCATEL-LUCENT- Common 013904305 129 51,952 SH Sole 51,952 SPONSORED ADR ALLSTATE CORP Common 020002101 625 25,606 SH Sole 25,606 AMERICAN EQUITY INVT Common 025676206 59 10,544 SH Sole 10,544 LIFE HL AMERIPRISE FINANCIAL Common 03076C106 2,427 100,000 SH Sole 100,000 INC ANADARKO PETE CORP Common 032511107 1,321 29,100 SH Sole 29,100 APACHE CORP Common 037411105 383 5,305 SH Sole 5,305 AURIZON MINES LTD Common 05155P106 3,078 854,447 SH Sole 854,447 AUTOMATIC DATA Common 053015103 851 24,000 SH Sole 24,000 PROCESSING BANK OF AMERICA Common 060505104 223 16,880 SH Sole 16,880 CORPORATION ------------- TOTAL $ 21,090 ------------- Page 4 of 15 Pages
Column Column Column Column Column Column Column Column 1: 2: 3: 4: 5: 6: 7: 8: Title Shares or Voting Authority(Shares) of CUSIP Value Principal Investment Other ------------------------- Name of Issuer Class Number (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None BARRICK GOLD CORP Common 067901108 12,160 362,436 SH Sole 362,436 BOARDWALK PIPELINE Common 096627104 2,579,076 114,219,466 SH Sole 114,219,466 PARTNERS BROADCOM CORP Common 111320107 1,983 80,000 SH Sole 80,000 BROCADE COMM SYS INC Common 111621306 1,568 200,000 SH Sole 200,000 CHENIERE ENERGY INC Common 16411R208 36 12,200 SH Sole 12,200 CIBER INC Common 17163B102 43 13,991 SH Sole 13,991 CIENA CORP Common 171779309 1,449 140,000 SH Sole 140,000 CISCO SYS INC Common 17275R102 4,476 240,000 SH Sole 240,000 CLIFFS NATURAL Common 18683K101 374 15,300 SH Sole 15,300 RESOURCES INC CNA FINL CORP Common 126117100 3,749,660 242,382,673 SH Sole 242,382,673 COEUR D'ALENE MINES Common 192108504 405 32,925 SH Sole 32,925 CORP COMCAST CORP NEW Common 20030N200 2,902 205,829 SH Sole 205,829 COVIDIEN PLC Common G2554F105 2,933 78,350 SH Sole 78,350 ------------- TOTAL $ 6,357,065 ------------- Page 5 of 15 Pages
Column Column Column Column Column Column Column Column 1: 2: 3: 4: 5: 6: 7: 8: Title Shares or Voting Authority(Shares) of CUSIP Value Principal Investment Other ------------------------- Name of Issuer Class Number (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None CVS CAREMARK CORP Common 126650100 2,390 75,000 SH Sole 75,000 DEERE & CO Common 244199105 459 11,500 SH Sole 11,500 DIAMOND OFFSHORE Common 25271C102 5,752,785 70,104,620 SH Sole 70,104,620 DRILLING INC DYNEGY INC NEW Common 26817G102 1,547 681,450 SH Sole 681,450 E M C CORP MASS Common 268648102 2,698 205,970 SH Sole 205,970 EBAY INC Common 278642103 4,283 250,000 SH Sole 250,000 ENERGIZER HLDGS INC Common 29266R108 3,918 75,000 SH Sole 75,000 ENSCO INTL INC Common 26874Q100 415 11,900 SH Sole 11,900 EXETER RESOURCE Common 301835104 2,166 641,100 SH Sole 641,100 FINISAR CORPORATION Common 31787A101 724 1,270,000 SH Sole 1,270,000 GAMMON GOLD INC Common 36467T106 5,609 840,943 SH Sole 840,943 GOLDCORP INC NEW Common 380956409 1,946 56,000 SH Sole 56,000 GOLDEN STAR Common 38119T104 1,041 507,820 SH Sole 507,820 RESOURCES LTD ------------- TOTAL $ 5,779,981 ------------- Page 6 of 15 Pages
Column Column Column Column Column Column Column Column 1: 2: 3: 4: 5: 6: 7: 8: Title Shares or Voting Authority(Shares) of CUSIP Value Principal Investment Other ------------------------- Name of Issuer Class Number (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None HEWLETT PACKARD CO Common 428236103 226 6,000 SH Sole 6,000 HOME DEPOT INC Common 437076102 3,876 164,045 SH Sole 164,045 IAMGOLD CORPORATION Common 450913108 3,744 369,633 SH Sole 369,633 IMA EXPLORATION INC Common 449664101 143 571,886 SH Sole 571,886 INGERSOLL-RAND PLC Common G4776G101 215 10,291 SH Sole 10,291 INTEL CORP Common 458140100 4,965 300,000 SH Sole 300,000 INTERNATIONAL Common 459200101 1,422 13,619 SH Sole 13,619 BUSINESS MACHS ISHARES INC MSCI Common 464286848 9,430 1,000,000 SH Sole 1,000,000 JAPAN JAGUAR MINING INC Common 47009M103 8,706 987,629 SH Sole 987,629 JDS UNIPHASE CORP Common 46612J507 1,576 275,500 SH Sole 275,500 JOHNSON & JOHNSON Common 478160104 596 10,493 SH Sole 10,493 JOY GLOBAL INC Common 481165108 714 20,000 SH Sole 20,000 KIMBER RESOURCES INC Common 49435N101 309 641,515 SH Sole 641,515 ------------- TOTAL $ 35,922 ------------- Page 7 of 15 Pages
Column Column Column Column Column Column Column Column 1: 2: 3: 4: 5: 6: 7: 8: Title Shares or Voting Authority(Shares) of CUSIP Value Principal Investment Other ------------------------- Name of Issuer Class Number (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None KINROSS GOLD CORP Common 496902404 309 17,000 SH Sole 17,000 LEXMARK INTL NEW Common 529771107 1,902 120,000 SH Sole 120,000 LINCOLN NATL CORP IND Common 534187109 310 18,000 SH Sole 18,000 LOWES COS INC Common 548661107 1,526 78,600 SH Sole 78,600 MARKET VECTORS Common 57060U100 8,508 225,000 SH Sole 225,000 GOLD MINERS MEDIACOM Common 58446K105 166 34,000 SH Sole 34,000 COMMUNICATIONS CORP MICROSOFT CORP Common 594918104 261 10,982 SH Sole 10,982 MIDWAY GOLD CORP Common 598153104 136 197,679 SH Sole 197,679 MINEFINDERS CORP Common 602900102 3,080 444,487 SH Sole 444,487 MOTOROLA INC Common 620076109 121 18,268 SH Sole 18,268 NEW GOLD INC Common 644535106 3,430 1,284,752 SH Sole 1,284,752 NOVAGOLD Common 66987E206 5,103 1,192,184 SH Sole 1,192,184 RESOURCES INC OCCIDENTAL Common 674599105 783 11,900 SH Sole 11,900 PETROLEUM CORP ------------- TOTAL $ 25,635 -------------
Page 8 of 15 Pages
Column Column Column Column Column Column Column Column 1: 2: 3: 4: 5: 6: 7: 8: Title Shares or Voting Authority(Shares) of CUSIP Value Principal Investment Other ------------------------- Name of Issuer Class Number (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None ORACLE CORP Common 68389X105 492 22,950 SH Sole 22,950 OWENS CORNING INC Common 690742101 748 58,500 SH Sole 58,500 PFIZER INC Common 717081103 450 30,000 SH Sole 30,000 POPULAR INC Common 733174106 50 22,629 SH Sole 22,629 PRIDE INTL INC DEL Common 74153Q102 276 11,000 SH Sole 11,000 REINSURANCE GROUP Common 759351604 279 8,000 SH Sole 8,000 OF AMERICA RUBICON MINERALS CORP Common 780911103 1,659 481,250 SH Sole 481,250 SILICON IMAGE INC Common 82705T102 962 420,000 SH Sole 420,000 SILVER STANDARD Common 82823L106 638 34,000 SH Sole 34,000 RESOURCES SILVER WHEATON CORP Common 828336107 3,611 374,000 SH Sole 374,000 SPDR KBW BANK ETF Common 78464A797 10,917 604,800 SH Sole 604,800 STILLWATER MNG CO Common 86074Q102 3,807 666,763 SH Sole 666,763 TALISMAN ENERGY INC Common 87425E103 692 48,450 SH Sole 48,450 ------------- TOTAL $ 24,581 ------------- Page 9 of 15 Pages
Column Column Column Column Column Column Column Column 1: 2: 3: 4: 5: 6: 7: 8: Title Shares or Voting Authority(Shares) of CUSIP Value Principal Investment Other ------------------------- Name of Issuer Class Number (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None THERMO FISHER Common 883556102 3,188 78,190 SH Sole 78,190 SCIENTIFIC INC THORATEC CORP Common 885175307 4,125 154,022 SH Sole 154,022 TOTAL SYS SVCS INC Common 891906109 2,678 200,000 SH Sole 200,000 TREX COMPANY INC Common 89531P105 2,412 180,375 SH Sole 180,375 UNITED AMERICA Common 90933T109 49 10,189 SH Sole 10,189 INDEMNITY-A UNITED PARCEL SERVICE Common 911312106 2,000 40,000 SH Sole 40,000 INC UNITED STATES STL Common 912909108 2,498 69,900 SH Sole 69,900 CORP NEW VARIAN MED SYS INC Common 92220P105 1,406 40,000 SH Sole 40,000 VULCAN MATERIALS CO Common 929160109 1,724 40,000 SH Sole 40,000 WESTERN DIGITAL CORP Common 958102105 4,240 160,000 SH Sole 160,000 WEYERHAEUSER CO Common 962166104 3,043 100,000 SH Sole 100,000 WILLIAMS COS INC DEL Common 969457100 158 10,112 SH Sole 10,112 WILLIAMS PIPELINE Common 96950K103 2,989 165,500 SH Sole 165,500 PARTNERS L ------------- TOTAL $ 30,510 ------------- Page 10 of 15 Pages
Column Column Column Column Column Column Column Column 1: 2: 3: 4: 5: 6: 7: 8: Title Shares or Voting Authority(Shares) of CUSIP Value Principal Investment Other ------------------------- Name of Issuer Class Number (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None WILLIS GROUP Common G96655108 515 20,000 SH Sole 20,000 HOLDINGS LTD WYETH Common 983024100 207 4,557 SH Sole 4,557 XEROX CORP Common 984121103 6,875 1,061,000 SH Sole 1,061,000 ZHONE TECHNOLOGIES Common 98950P108 1,024 3,201,798 SH Sole 3,201,798 INC ZOLTEK COMPANIES INC Common 98975W104 388 39,900 SH Sole 39,900 --------------- TOTAL $ 9,009 --------------- Page 11 of 15 Pages
Column Column Column Column Column Column Column Column 1: 2: 3: 4: 5: 6: 7: 8: Title Shares or Voting Authority(Shares) of CUSIP Value Principal Investment Other ------------------------- Name of Issuer Class Number (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None 3M CO Common 88579Y951 5,409 90,000 SH Put Sole 90,000 ALLSTATE CORP Common 020002901 976 40,000 SH Call Sole 40,000 ALLSTATE CORP Common 020002951 3,416 140,000 SH Put Sole 140,000 AUTOMATIC DATA Common 053015953 3,544 100,000 SH Put Sole 100,000 PROCESSING BANK OF AMERICA Common 060505954 1,122 85,000 SH Put Sole 85,000 CORPORATION BARRICK GOLD CORP Common 067901908 3,355 100,000 SH Call Sole 100,000 BARRICK GOLD CORP Common 067901958 3,355 100,000 SH Put Sole 100,000 BLACK & DECKER CORP Common 091797900 1,720 60,000 SH Call Sole 60,000 BLACK & DECKER CORP Common 091797950 1,720 60,000 SH Put Sole 60,000 BROADCOM CORP Common 111320957 2,479 100,000 SH Put Sole 100,000 BROCADE COMM SYS INC Common 111621906 1,568 200,000 SH Call Sole 200,000 BROCADE COMM SYS INC Common 111621956 1,568 200,000 SH Put Sole 200,000 CAMECO CORP Common 13321L958 2,560 100,000 SH Put Sole 100,000 ------------- TOTAL $ 32,792 ------------- Page 12 of 15 Pages
Column Column Column Column Column Column Column Column 1: 2: 3: 4: 5: 6: 7: 8: Title Shares or Voting Authority(Shares) of CUSIP Value Principal Investment Other ------------------------- Name of Issuer Class Number (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None CIENA CORP Common 171779959 2,070 200,000 SH Put Sole 200,000 CISCO SYS INC Common 17275R952 3,730 200,000 SH Put Sole 200,000 CLIFFS NATURAL Common 18683K901 245 10,000 SH Call Sole 10,000 RESOURCES INC CLIFFS NATURAL Common 18683K951 4,894 200,000 SH Put Sole 200,000 RESOURCES INC DISNEY WALT CO Common 254687906 3,733 160,000 SH Call Sole 160,000 DISNEY WALT CO Common 254687956 3,266 140,000 SH Put Sole 140,000 DU PONT E I DE Common 263534909 4,392 180,000 SH Call Sole 180,000 NEMOURS & CO DU PONT E I DE Common 263534959 2,928 120,000 SH Put Sole 120,000 NEMOURS & CO E M C CORP MASS Common 268648952 2,620 200,000 SH Put Sole 200,000 EATON CORP Common 278058952 4,461 100,000 SH Put Sole 100,000 GOLDCORP INC NEW Common 380956909 5,560 160,000 SH Call Sole 160,000 HOME DEPOT INC Common 437076952 4,726 200,000 SH Put Sole 200,000 INTEL CORP Common 458140950 4,965 300,000 SH Put Sole 300,000 -------------- TOTAL $ 47,590 -------------- Page 13 of 15 Pages
Column Column Column Column Column Column Column Column 1: 2: 3: 4: 5: 6: 7: 8: Title Shares or Voting Authority(Shares) of CUSIP Value Principal Investment Other ------------------------- Name of Issuer Class Number (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None JDS UNIPHASE CORP Common 46612J907 2,288 400,000 SH Call Sole 400,000 JDS UNIPHASE CORP Common 46612J957 1,144 200,000 SH Put Sole 200,000 JOY GLOBAL INC Common 481165908 1,429 40,000 SH Call Sole 40,000 JOY GLOBAL INC Common 481165958 2,858 80,000 SH Put Sole 80,000 LOWES COS INC Common 548661957 1,553 80,000 SH Put Sole 80,000 MASTERCARD INC Common 57636Q954 11,712 70,000 SH Put Sole 70,000 CLASS A MICROSOFT CORP Common 594918904 2,377 100,000 SH Call Sole 100,000 MICROSOFT CORP Common 594918954 2,377 100,000 SH Put Sole 100,000 ORACLE CORP Common 68389X955 2,142 100,000 SH Put Sole 100,000 OWENS CORNING INC Common 690742901 256 20,000 SH Call Sole 20,000 PENNEY J C INC Common 708160956 2,871 100,000 SH Put Sole 100,000 PFIZER INC Common 717081953 2,424 161,600 SH Put Sole 161,600 PPL CORP Common 69351T906 3,296 100,000 SH Call Sole 100,000 -------------- TOTAL $ 36,727 -------------- Page 14 of 15 Pages
Column Column Column Column Column Column Column Column 1: 2: 3: 4: 5: 6: 7: 8: Title Shares or Voting Authority(Shares) of CUSIP Value Principal Investment Other ------------------------- Name of Issuer Class Number (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None PPL CORP Common 69351T956 1,318 40,000 SH Put Sole 40,000 SEAGATE TECHNOLOGY Common G7945J904 2,979 284,800 SH Call Sole 284,800 SEAGATE TECHNOLOGY Common G7945J954 1,046 100,000 SH Put Sole 100,000 STILLWATER MNG CO Common 86074Q902 571 100,000 SH Call Sole 100,000 TARGET CORP Common 87612E956 1,579 40,000 SH Put Sole 40,000 THE ST JOE COMPANY Common 790148950 2,649 100,000 SH Put Sole 100,000 UNITED PARCEL SERVICE Common 911312956 3,499 70,000 SH Put Sole 70,000 INC UNITED STATES STL Common 912909958 2,502 70,000 SH Put Sole 70,000 CORP NEW VARIAN MED SYS INC Common 92220P955 1,406 40,000 SH Put Sole 40,000 VULCAN MATERIALS CO Common 929160959 3,448 80,000 SH Put Sole 80,000 WELLS FARGO & CO Common 949746951 2,426 100,000 SH Put Sole 100,000 WHOLE FOODS MKT INC Common 966837906 1,139 60,000 SH Call Sole 60,000 ZOLTEK COMPANIES INC Common 98975W904 5,832 600,000 SH Call Sole 600,000 ------------- TOTAL $ 30,394 ------------- AGGREGATE TOTAL $ 12,431,296 =============== Page 15 of 15 Pages
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