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Loews Corporation filed a Form 13F combination report for the quarter ended 06-30-2025, disclosing 28 reported positions with a total reported 13F value of $12,055,068,614. The filing states Loews owns approximately 92% of voting securities of CNA Financial Corporation and that CNA is reporting certain securities on Loews' behalf, which explains why some holdings may be reported by another manager. The provided excerpt does not include the detailed holdings table, so position-level composition and sector exposure cannot be assessed from this text.