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CNA Financial (CNA) reports $238.9M in institutional 13F holdings and group control

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Form Type
13F-HR

Rhea-AI Filing Summary

CNA Financial Corporation, as an institutional investment manager, filed a quarterly holdings report detailing equity positions managed with shared investment discretion among related entities Loews Corporation, The Continental Corporation, and Continental Casualty Company. The report classifies as a full 13F holdings report, meaning all of CNA’s reportable positions are included.

The summary shows 18 reportable holdings with an aggregate reported value of $238,996,980 (rounded to the nearest dollar). The structure of control within the group as of June 30, 2026 is described: Loews Corporation owned approximately 92% of the outstanding shares of CNA Financial Corporation, CNA owned 100% of The Continental Corporation, and The Continental Corporation owned 100% of Continental Casualty Company. Each entity specifically disclaims ownership of securities not beneficially owned by it, noting that shared investment discretion arises from SEC interpretations of control.

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Form 13F holdings value $238,996,980 Form 13F Information Table Value Total, rounded to the nearest dollar
Number of reportable holdings 18 Form 13F Information Table Entry Total
Other included managers 3 Number of Other Included Managers in the report summary
Loews ownership of CNA 92% Approximate percentage of CNA Financial Corporation shares owned by Loews as of 6/30/2026
CNA ownership of The Continental Corporation 100% Outstanding shares owned as of 6/30/2026
The Continental ownership of Continental Casualty 100% Outstanding shares owned as of 6/30/2026
Form 13F regulatory
"Form 13F Summary Page --------------------- | Report Summary"
A Form 13F is a quarterly filing that large investment managers must submit to disclose their holdings in publicly traded stocks and certain other securities. It acts like a peek into the portfolios of big investors, helping other market participants see what large players are buying or selling and offering clues about investment trends, crowded trades, and potential market impact.
institutional investment manager regulatory
"The institutional investment manager filing this report and the person"
shared investment discretion financial
"Assets reported herein are described as having shared investment discretion"
beneficially owned financial
"disclaims ownership of any securities in this report which are not beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

FAQ

What does CNA (CNA) report in this Form 13F filing?

CNA Financial Corporation reports a Form 13F holdings report listing all of its reportable equity positions. The report covers 18 holdings with a total reported value of $238,996,980, subject to SEC rules on institutional investment managers.

How much in securities does CNA (CNA) report under management in this 13F?

CNA reports an aggregate Form 13F information table value of $238,996,980. This figure represents the total value of its 18 reportable holdings, rounded to the nearest dollar, under the shared investment discretion structure described in the report summary.

How many other investment managers are included with CNA (CNA) in this report?

The report lists 3 other included managers: Loews Corporation, The Continental Corporation, and Continental Casualty Company. They are identified with their respective Form 13F file numbers and are part of the shared investment discretion structure.

Does CNA (CNA) claim beneficial ownership of all securities in the 13F?

No. Each related entity, including CNA Financial Corporation, specifically disclaims ownership of any securities not beneficially owned by that entity. They state that some assets are under board control and that shared discretion reflects SEC interpretations of control.

What type of 13F report did CNA (CNA) file: holdings, notice, or combination?

CNA filed a 13F holdings report. This indicates that all of the reportable holdings for this institutional investment manager are included in this single filing, rather than being reported by other managers or split across multiple reports.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE

OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8

Report for the Calendar Year or Quarter Ended: 06-30-2026
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 CORP
Address: CNA
151 N. FRANKLIN
CHICAGO, IL 60606
Form 13F File Number: 028-00346
CRD Number (if applicable):
SEC File Number (if applicable):

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: Amy Smith
Title: Senior Vice President and Chief Accounting Officer
Phone: 312-822-5149
Signature, Place, and Date of Signing:
Amy Smith Chicago, IL 08-14-2026
[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. As of 6/30/2026, Loews Corporation owned approximately 92% of the outstanding shares of CNA Financial Corporation; CNA Financial Corporation owned 100% of the outstanding shares of The Continental Corporation; and The Continental Corporation owned 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. (Check here if all holdings of this reporting manager are reported in this report.)
13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)
13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)
Form 13F Summary Page
Report Summary:
Number of Other Included Managers: 3
Form 13F Information Table Entry Total: 18
Form 13F Information Table Value Total: 238,996,980
(round to nearest dollar)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings and list entries.]
No. Name Form 13F File No. CRD No. (if applicable) SEC File No. (if applicable) CIK
1 Loews Corporation 028-00217
2 The Continental Corporation 028-00172
3 Continental Casualty Company 028-00387