FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 2001
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: 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: Group Vice President and Deputy General Counsel
Phone: (312) 822 4921
Signature, Place, and Date of Signing:
August 6, 2001
Chicago, Illinois,
Report Type (Check only one.):
[ X ] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934
Loews Corporation also has investment discretion
over the securities reported on herein by
CNA Financial Corportion, Continental Assurance Company,
Continental Casualty Company,
and The Continental Corporation.
Loews Corporation will report separately on securities over
which it has investment discretion which are not part of such holdings.
FORM 13F INFORMATION TABLE
VALUE OTHER SHARES/ SH/ PUT/ INVSTMNT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (X1,000) MANAGERS PRN AMT PRN CALL DISCRETIN SOLE SHARED NONE
A T & T WIRELESS GROUP COM WIRLES GRP 001957406 6,540.0 2,3 400,000 SH DEFINED 400,000 0 0
ACME COMM INC COM 004631107 3,633.7 2,3 442,595 SH DEFINED 442,595 0 0
ADELPHIA COMM-CL A CL A 006848105 16,092.5 2,3 392,500 SH DEFINED 392,500 0 0
AETNA INC COM 00817Y108 21,802.6 2,3 842,125 SH DEFINED 842,125 0 0
AFFIL COMPUTER SB NT CV 4% 05 008190AD2 3,164.5 1,3 1,820,000 PRN DEFINED
AFFILIATED COMP SVCS-A CL A 008190100 2,753.4 1,3 38,290 SH DEFINED 38,290 0 0
AGCO CORP COM 001084102 4,005.0 2,3 437,700 SH DEFINED 437,700 0 0
AGRIUM INC COM 008916108 658.4 2,3 99,700 SH DEFINED 99,700 0 0
AK STEEL HOLD CORP COM 001547108 3,621.6 2,3 288,800 SH DEFINED 288,800 0 0
ALCOA INC COM 013817101 11,859.4 1,2,3 301,000 SH DEFINED 301,000 0 0
ALLEGHENY ENERGY INC COM 017361106 1,510.2 2,3 31,300 SH DEFINED 31,000 0 0
ALLTEL CORP COM 020039103 14,142.0 2,3,4 230,852 SH DEFINED 230,852 0 0
ALPHARMA INC SRSBNTCV 3% 06 020813AD3 1,320.6 1,3 1,250,000 PRN DEFINED
ALPHARMA INC-CL A CL A 020813101 807.7 1,3 29,640 SH DEFINED 29,640 0 0
AMBAC FIN GROUP INC COM 023139108 5,645.4 1,2,3 97,000 SH DEFINED 97,000 0 0
AMERADA HESS COM 023551104 8,888.0 2,3 110,000 SH DEFINED 110,000 0 0
AMERICA WEST HOLDINGS CL B 023657208 107.9 3 10,825 SH DEFINED 10,825 0 0
AMERICAN BUS FIN SVCS COM 02476B106 27.2 2,3 1,900 SH DEFINED 1,900 0 0
AMERICAN CAP STRTGIES COM 024937104 4,559.8 2,3 162,500 SH DEFINED 162,500 0 0
AMERICAN EXPRESS COM 025816109 3,298.0 1,3 85,000 SH DEFINED 85,000 0 0
AMERICAN INTL GRP INC COM 026874107 3,327.3 1,2,3 38,690 SH DEFINED 38,690 0 0
AMERICAN NATL INS COM 028591105 100.9 3 1,350 SH DEFINED 1,350 0 0
AMERICAN PHYS CAP INC COM 028884104 147.7 3 7,575 SH DEFINED 7,575 0 0
AMERISOURCE HEAL SBNTCV 144A 07 03071PAB8 3,267.1 1,3 2,560,000 PRN DEFINED
AMERISRCE HEALCRP-CL A CL A 03071P102 2,137.1 1,3 38,610 SH DEFINED 38,610 0 0
AMKOR TECHNOLOGY INC COM 031652100 1,547.0 2,3 70,000 SH DEFINED 70,000 0 0
AMR CORP COM 001765106 2,077.5 2,3 57,500 SH DEFINED 57,500 0 0
ANADARKO PETRO CORP COM 032511107 12,520.6 2,3 232,250 SH DEFINED 232,250 0 0
ANIXTER INTL INC COM 035290105 125.1 3 4,075 SH DEFINED 4,075 0 0
ANTEC CORP COM 03664P105 496.0 3 40,000 SH DEFINED 40,000 0 0
ANTEC CORP SBNTCV144A 03 03664PAA3 1,814.1 2,3 2,250,000 PRN DEFINED
AOL TIME WARNER COM 00184A105 3,339.0 1,3 63,000 SH DEFINED 63,000 0 0
AON CORP COM 037389103 23,450.0 2,3 670,000 SH DEFINED 670,000 0 0
APACHE CORP COM 037411105 3,552.5 1,2,3 70,000 SH DEFINED 70,000 0 0
APPL BIOSYSTEMS GRP COM AP BIO GRP 038020103 267.5 1,3 10,000 SH DEFINED 10,000 0 0
APPLIED MATERIALS INC. COM 038222105 4,173.5 1,3 85,000 SH DEFINED 85,000 0 0
ARGUSS COMM INC COM 040282105 3,375.8 2,3 677,874 SH DEFINED 677,874 0 0
AT & T CORPORATION COM 001957109 10,440.4 2,3,4 474,565 SH DEFINED 474,565 0 0
AT HOME CORP SBDBCV0.525%18 045919AC1 1,732.5 2,3 7,000,000 PRN DEFINED
AT HOME CORP SUBNTCV4.75%06 045919AF4 12,090.6 1,2,3 36,500,000 PRN DEFINED
ATLAS AIR WORLDWD HLGS COM 049164106 1,189.4 2,3 84,000 SH DEFINED 84,000 0 0
BANK ONE CORP COM 06423A103 9,845.0 2,3 275,000 SH DEFINED 275,000 0 0
BARNES & NOBLE INC COM 067774109 2,372.8 1,3 60,300 SH DEFINED 60,300 0 0
BAYCORP HOLDINGS LTD COM 072728108 3,671.2 1,3 386,442 SH DEFINED 386,442 0 0
BEA SYSTEMS INC COM 073325102 3,006.5 1,3 97,900 SH DEFINED 97,900 0 0
BEA SYSTEMS INC SB NT CV 4% 06 073325AD4 2,693.7 1,3 2,350,000 PRN DEFINED
BEAR STEARNS COS INC COM 073902108 4,127.9 2,3 70,000 SH DEFINED 70,000 0 0
BELLSOUTH CORP COM 079860102 1,006.8 2,3 25,000 SH DEFINED 25,000 0 0
BETHLEHEM STEEL CORP COM 087509105 810.2 2,3 401,100 SH DEFINED 401,100 0 0
BOEING COMPANY COM 097023105 5,560.0 2,3 100,000 SH DEFINED 100,000 0 0
BORG WARNER AUTO INC COM 099724106 105.4 3 2,125 SH DEFINED 2,125 0 0
BOWATER INC COM 102183100 4,554.5 2,3 101,800 SH DEFINED 101,800 0 0
BOWNE & CO INC COM 103043105 123.1 3 10,700 SH DEFINED 10,700 0 0
BRISTOL-MYERS SQUIBB COM 110122108 3,138.0 2,3 60,000 SH DEFINED 60,000 0 0
BROADWING INC PFD CV DEP1/20 111620407 475.0 1,3 10,000 SH DEFINED 10,000 0 0
BUCKHEAD AMERICA CORP COM 11835A105 44.5 2,3 21,579 SH DEFINED 21,579 0 0
BURLINGTON NORTHERN SF COM 12189T104 2,151.3 2,3 71,000 SH DEFINED 71,000 0 0
BURLINGTON RES INC COM 122014103 5,167.5 2,3 130,000 SH DEFINED 130,000 0 0
CABOT OIL & GAS-CL A CL A 127097103 1,220.0 2,3 50,000 SH DEFINED 50,000 0 0
CALPINE CORPORATION COM 131347106 8,826.3 2,3 233,500 SH DEFINED 233,500 0 0
CANADIAN NATL RWAY CO COM 136375102 9.1 1,3 224 SH DEFINED 224 0 0
CANADIAN PACIFIC LTD COM 135923100 1,937.5 1,3 50,000 SH DEFINED 50,000 0 0
CAPITAL ONE FIN CORP COM 14040H105 3,007.5 2,3 50,000 SH DEFINED 50,000 0 0
CARDINAL HEALTH INC COM 14149Y108 4,446.2 1,3 64,437 SH DEFINED 64,437 0 0
CATELLUS DEV CORP COM 149111106 1,879.8 2,3 107,724 SH DEFINED 107,724 0 0
CATERPILLAR INC COM 149123101 1,751.8 2,3 35,000 SH DEFINED 35,000 0 0
CBRL GROUP INC COM 12489V106 434.8 3 25,650 SH DEFINED 25,650 0 0
CELESTICA INC SUB VTG SHS 15101Q108 6,803.2 2,3 132,100 SH DEFINED 132,100 0 0
CELESTICA INC LYON ZERO 20 15101QAA6 15,213.2 2,3 34,380,000 PRN DEFINED
CHIRON CORP COM 170040109 10,827.3 2,3 212,300 SH DEFINED 212,300 0 0
CIGNA CORP COM 125509109 1,437.3 2,3 15,000 SH DEFINED 15,000 0 0
CISCO SYSTEMS INC COM 17275R102 2,730.0 1,3 150,000 SH DEFINED 150,000 0 0
CITIGROUP INC COM 172967101 5,706.7 1,3 108,000 SH DEFINED 108,000 0 0
CLEAR CHANNEL COMM COM 184502102 2,859.5 2,3 45,606 SH DEFINED 45,606 0 0
CMS ENERGY ADJ CV TR8.75% 125896308 323.0 1,3 10,000 SH DEFINED 10,000 0 0
CNA INC SHARES INC COM 126119106 1,180.7 2,3 145,055 SH DEFINED 145,055 0 0
CNA SURETY CORP. COM 12612L108 383,952.1 2,3,4 27,425,147 SH DEFINED27,425,147 0 0
COLT TELECOM GRP SPONSORED ADR 196877104 84.0 2,3 3,000 SH DEFINED 3,000 0 0
COMCAST CORP CL A SPL CL A SPL 200300200 7,204.4 2,3 166,000 SH DEFINED 166,000 0 0
COMMUNICATION INTELL COM 20338K106 600.6 3 660,000 SH DEFINED 660,000 0 0
COMPUTER ASSC INTL COM 204912109 358.2 3 9,950 SH DEFINED 9,950 0 0
CONECTIV COM 206829103 4,339.4 2,3 200,900 SH DEFINED 200,900 0 0
CONOCO INC-CL A CL A 208251306 987.0 2,3 35,000 SH DEFINED 35,000 0 0
CONVERGYS CORP COM 212485106 302.5 1,3 10,000 SH DEFINED 10,000 0 0
COOPER INDUS INC COM 216669101 307.8 3 7,775 SH DEFINED 7,775 0 0
CORN PROD INTL INC COM 219023108 4,284.0 2,3 133,875 SH DEFINED 133,875 0 0
CORNING INC COM 219350105 935.8 1,2,3 56,000 SH DEFINED 56,000 0 0
CORRECTIONS CORP PFD CV B 12% 22025Y308 1.4 2,3 98 SH DEFINED 98 0 0
COX COMM INC-CL A CL A 224044107 3,544.0 1,2,3 80,000 SH DEFINED 80,000 0 0
CROWN CORK&SEAL INC COM 228255105 1,696.9 2,3 452,500 SH DEFINED 452,500 0 0
CYTEC INDUSTRIES INC COM 232820100 316.4 3 8,325 SH DEFINED 8,325 0 0
D.R. HORTON INC COM 23331A109 7,037.0 2,3 310,000 SH DEFINED 310,000 0 0
DEERE & CO COM 244199105 5,639.7 2,3 149,000 SH DEFINED 149,000 0 0
DEL MONTE FOODS CO COM 24522P103 2,123.9 2,3 253,450 SH DEFINED 253,450 0 0
DELPHI AUTO SYSTEMS COM 247126105 2,026.3 2,3 127,200 SH DEFINED 127,200 0 0
DELPHI FIN GRP-CL A CL A 247131105 4,235.0 2,3 110,000 SH DEFINED 110,000 0 0
DILLARDS INC-CL A CL A 254067101 1,186.5 2,3 77,700 SH DEFINED 77,700 0 0
DOLLAR THRIFTY AUTO COM 256743105 2,760.0 3 115,000 SH DEFINED 115,000 0 0
DONNELLEY RR & SONS COM 257867101 291.1 3 9,800 SH DEFINED 9,800 0 0
DOW CHEMICAL CORP COM 260543103 4,655.0 2,3 140,000 SH DEFINED 140,000 0 0
DU PONT NEMOURS E.I. COM 263534109 1,447.2 2,3 30,000 SH DEFINED 30,000 0 0
EAST-WEST BANCORP COM 27579R104 32,211.0 2,3 1,193,000 SH DEFINED 1,193,000 0 0
ECHOSTAR COMM SUBNTCV144A08 278762AB5 544.3 1,3 590,000 SH DEFINED 590,000 0 0
ECHOSTAR COMM - A CL A 278762109 346.4 1,3 10,685 SH DEFINED 10,685 0 0
EL PASO CORP COM 28336L109 3,698.8 2,3 70,400 SH DEFINED 70,400 0 0
ELDERTRUST COM SH BEN INT 284560109 1,055.6 2,3 208,200 SH DEFINED 208,200 0 0
ELECTRONIC DATA SYS COM 285661104 41,587.5 1,2,3 665,400 SH DEFINED 665,400 0 0
EMC CORPORATION COM 268648102 2,074.2 1,3 71,400 SH DEFINED 71,400 0 0
ENCOMPASS SVCS CORP COM 29255U104 401.0 2,3 44,800 SH DEFINED 44,800 0 0
ENERGY EAST CORP COM 29266M109 2,831.2 2,3 135,400 SH DEFINED 135,400 0
ENGEL GEN DEVELOPERS ORD M40515104 454.8 2,3 120,000 SH DEFINED 120,000 0 0
ENRON CORP COM 293561106 4,852.2 1,2,3 99,000 SH DEFINED 99,000 0 0
ESTEE LAUDER CO CL A 518439104 43.1 2,3 1,000 SH DEFINED 1,000 0 0
ESTERLINE TECH CORP COM 297425100 94.6 3 4,350 SH DEFINED 4,350 0 0
EXCITE@HOME SBNTCV144A06 045919AD9 6,790.6 1,2,3 20,500,000 PRN DEFINED
EXELON CORP COM 30161N101 2,435.0 2,3 37,975 SH DEFINED 37,975 0 0
FED HM LN MORT CORP COM 313400301 3,220.0 1,3 46,000 SH DEFINED 46,000 0 0
FIRST CITIZENS-CL A CL A 31946M103 54.3 3 500 SH DEFINED 500 0 0
FIRST DATA CORP COM 319963104 4,176.3 3 65,000 SH DEFINED 65,000 0 0
FLEMING COS INC COM 339130106 2,224.1 1,3 62,300 SH DEFINED 62,300 0 0
FMC CORP (NEW) COM 302491303 269.1 3 3,925 SH DEFINED 3,925 0 0
FMC TECHNOLOGIES INC COM 30249U101 351.1 3 17,000 SH DEFINED 17,000 0 0
FORTUNE BRANDS INC COM 349631101 333.7 3 8,700 SH DEFINED 8,700 0 0
FPL GROUP COM 302571104 5,117.9 2,3 85,000 SH DEFINED 85,000 0 0
FRANKLIN RES INC SRLYON144A31 354613AA9 11,375.0 1,2,3 20,000,000 PRN DEFINED
FRANKLIN RES INC COM 354613101 3,506.0 1,2,3 76,600 SH DEFINED 76,000 0 0
FREEPORT MCMORAN CL B 35671D857 69.1 3 6,250 SH DEFINED 6,250 0 0
GABLES RES TRUST SH BEN INT 362418105 157.2 3 5,250 SH DEFINED 5,250 0 0
GEN SEMICONDUCTR SUBNTCV5.75%06 370787AB9 917.5 1,3 1,000,000 PRN DEFINED
GENENTECH INC COM 368710406 2,148.9 3 39,000 SH DEFINED 39,000 0 0
GENERAL COMM-CL A CL A 369385109 95.7 1,3 7,913 SH DEFINED 7,913 0 0
GENERAL DYNAMICS CRP COM 369550108 2,334.3 1,3 30,000 SH DEFINED 30,000 0 0
GENERAL ELEC CO COM 369604103 6,288.8 1,3 129,000 SH DEFINED 129,000 0 0
GENERAL MARITIME CORP SHS Y2692M103 219.0 2,3 15,000 SH DEFINED 15,000 0 0
GENERAL MOTORS CL H CL H NEW 370442832 6,378.8 1,2,3 315,000 SH DEFINED 315,000 0 0
GENERAL SEMICONDUCTOR COM 370787103 448.7 1,3 42,900 SH DEFINED 42,900 0 0
GEORGIA-PAC TIMBER GRP COM-TIMBERGRP 373298702 1,251.3 2,3 35,000 SH DEFINED 35,000 0 0
GEORGIA-PACIFIC CORP COM GA PAC GRP 373298108 191.3 3 5,650 SH DEFINED 5,650 0 0
GLIMCHER REALTY TRST SH BEN INT 379302102 105.2 2,3 5,875 SH DEFINED 5,875 0 0
GOLD STANDARD INC COM PAR$0.001 380724302 179.7 2,3 82,813 SH DEFINED 82,813 0 0
GRAPHIC PACK INTL COM 388690109 0.0 3,4 2 SH DEFINED 2 0 0
HAIN CELESTIAL GRP INC COM 405217100 1,650.0 1,3 75,000 SH DEFINED 75,000 0 0
HANOVER COMPRESS SRNTCV4.75%08 410768AC9 2,480.4 1,3 2,400,000 PRN DEFINED
HANOVER COMPRESSOR CO COM 410768105 1,283.9 1,3 38,800 SH DEFINED 38,000 0 0
HAYES LEMMERZ INC COM 420781106 1,752.3 3 273,800 SH DEFINED 273,800 0 0
HCA INC COM 404119109 3,615.2 1,3 80,000 SH DEFINED 80,000 0 0
HEALTH CARE INVEST COM 421915109 2,201.6 2,3 64,000 SH DEFINED 64,000 0 0
HEALTH NET INC COM 42222G108 372.4 3 21.400 SH DEFINED 21,400 0 0
HEALTHCARE REALTY TRST COM 421946104 5,814.9 2,3 221,100 SH DEFINED 221,100 0 0
HEALTHSOUTH CORP SBDBCV3.25%03 421924AF8 3,760.8 2,3 4,000,000 PRN DEFINED
HEALTHSOUTH CORP COM 421924101 9,590.0 2,3 600,500 SH DEFINED 600,500 0 0
HEARST-ARGYLE TV INC COM 422317107 4,798.0 2,3 239,900 SH DEFINED 239,900 0 0
HERBALIFE INTL-CL B CL B 426908307 78.0 3 8,925 SH DEFINED 8,925 0 0
HERCULES INC COM 427056106 3,661.8 2,3 324,050 SH DEFINED 324,050 0 0
HILTON HOTELS CORP COM 432848109 7,018.0 2,3 605,000 SH DEFINED 605,000 0 0
HONEYWELL INTL INC COM 438516106 5,758.5 2,3 165,000 SH DEFINED 165,000 0 0
HORIZON GRP PROP INC COM 44041U102 1.6 2,3 630 SH DEFINED 630 0 0
HOUSEHOLD INTL INC COM 441815107 9,338.0 2,3 140,000 SH DEFINED 140,000 0 0
HUGHES SUPPLY INC COM 444482103 1,702.8 2,3 72,000 SH DEFINED 72,000 0 0
I2 TECHNOLOGIES SUBNTCV5.25%06 465754AF6 1,863.8 1,3 2,130,000 SH DEFINED 2,130,000 0 0
I2 TECHNOLOGIES INC COM 465754109 888.0 1,3 44,850 SH DEFINED 44,850 0 0
IBP INC COM 449223106 133.2 3 5,275 SH DEFINED 5,275 0 0
IMC GLOBAL INC COM 449669100 942.5 2,3 92,400 SH DEFINED 92,400 0 0
INGERSOLL RAND CO COM 456866102 824.0 2,3 20,000 SH DEFINED 20,000 0 0
INSWEB CORPORATION COM 45809K103 970.3 2,3 1,243,967 SH DEFINED 1,243,967 0 0
INTEL CORP COM 458140100 1,731.6 1,3 59,200 SH DEFINED 59,200 0 0
INTL BUS MACHINE COM 459200101 26,035.2 1,2,3 230,400 SH DEFINED 230,400 0 0
INTL PAPER CO COM 460146103 3,570.0 2,3 100,000 SH DEFINED 100,000 0 0
INTERSTATE BAKERIES COM 46072H108 1,638.4 1,3 102,400 SH DEFINED 102,400 0 0
INTL RECTIFIER CORP COM 460254105 518.3 1,3 15,200 SH DEFINED 15,200 0 0
IRON MOUNTAIN INC COM 462846106 176.4 1,3 3,935 SH DEFINED 3,935 0 0
ISPAT NV INT NYREGSHCLA 464899103 929.5 2,3 275,000 SH DEFINED 275,000 0 0
IVAX CORP COM 465823102 2,598.4 1,3 66,625 SH DEFINED 66,625 0 0
IVAX CORP SRSBCV144A07 465823AB8 3,510.0 1,3 2,400,000 SH DEFINED 2,400,000 0 0
J.P.MORGAN CHASE CO COM 46625H100 3,122.0 1,2,3 70,000 SH DEFINED 70,000 0 0
JDS UNIPHASE CORP COM 46612J101 637.5 1,3 50,000 SH DEFINED 50,000 0 0
KENNAMETAL INC COM 489170100 130.1 3 3,525 SH DEFINED 3,525 0 0
KERR MC GEE CORP COM 492386107 9,277.8 2,3 140,000 SH DEFINED 140,000 0 0
KROGER COMPANY COM 501044101 11,980.0 1,2,3 479,200 SH DEFINED 479,200 0 0
KULICKE & SOFFA SUBNTCV4.75%06 501242AE1 3,276.8 1,3 3,450,000 PRN DEFINED
KULICKE & SOFFA IND COM 501242101 2,067.8 1,3 120,500 SH DEFINED 120,500 0 0
L-3 COMM HLDGS SRSBCV144A09 502424AA2 2,805.0 1,3 2,400,000 PRN DEFINED
L-3 COMM CORP COM 502424104 2,164.6 1,3 28,370 SH DEFINED 28,370 0 0
LAM RESEARCH CORP COM 512807108 1,296.6 1,3 43,730 SH DEFINED 43,730 0 0
LAMAR ADVERTISING NTCV5.25%06 512815AF8 2,864.8 1,3 2,550,000 PRN DEFINED
LAMAR ADVERTISING CL A 512815101 1,892.0 1,3 43,000 SH DEFINED 43,000 0 0
LATTICE SEMICOND SUBNTCV4.75%06 518415AC8 3,364.8 1,3 2,450,000 PRN DEFINED
LATTICE SEMICOND COM 518415104 2,452.2 1,3 100,500 SH DEFINED 100,500 0 0
LEAR CORPORATION COM 521865105 397.0 3 11,375 SH DEFINED 11,375 0 0
LIBERTY MEDIA COMLIBGRPA 001957208 9,410.5 1,3 538,048 SH DEFINED 538,048 0 0
LIBERTY PROP TRST SHBENINT 531172104 13,320.0 1,2,3 450,000 SH DEFINED 450,000 0 0
LIGHTSPAN INC COM 53226T103 9.4 1,3 7,500 SH DEFINED 7,500 0 0
LILLY (ELI) & CO COM 532457108 3,322.6 1,3 44,900 SH DEFINED 44,900 0 0
LOCAL FIN CORP COM 539553107 18,761.8 2,3 1,454,400 SH DEFINED 1,454,400 0 0
LOCKHEED MARTIN COM 539830109 4,631.3 2,3 125,000 SH DEFINED 125,000 0 0
LONGVIEW FIBRE CO COM 543213102 492.8 2,3 40,000 SH DEFINED 40,000 0 0
LORAL SPACE & COMM COM G56462107 1,133.7 2,3 404,900 SH DEFINED 404,900 0 0
LSI CORP COM 502161102 1,987.2 1,3 105,700 SH DEFINED 105,700 0 0
LSI LOGIC SBNTCV4.25%04 502161AD4 2,653.2 1,3 1,950,000 PRN DEFINED
LUBRIZOL CORP COM 549271104 398.2 3 12,825 SH DEFINED 12,825 0 0
MARRIOTT INTL- CL A CL A 571903202 946.8 1,2,3 20,000 SH DEFINED 20,000 0 0
MARRIOTT INTL SRLYONZRO144A 571903AA1 10,411.2 1,2,3 12,000,000 PRN DEFINED
MAY DEPT STORES COM 577778103 3,426.0 2,3 100,000 SH DEFINED 100,000 0 0
MCCORMICK&CO-NON VTG COM NON VTG 579780206 1,050.5 2,3 25,000 SH DEFINED
MEDICALOGIC/MEDSCAPE COM 584642102 1,684.5 2,3 1,684,500 SH DEFINED 1,684,500 0 0
MEDTRONIC INC COM 585055106 6,119.3 1,3 133,000 SH DEFINED 133,000 0 0
MELLON FINL CORP COM 58551A108 3,956.0 1,3 86,000 SH DEFINED 86,000 0 0
MERCK & CO INC COM 589331107 3,195.5 2,3 50,000 SH DEFINED 50,000 0 0
MERCURY INTERACT SBNTCV144A07 589405AA7 1,905.8 1,3 2,200,000 PRN DEFINED
MERCURY INTERACT SBNTCV4.75%07 589405AB5 433.1 1,3 500,000 PRN DEFINED
MERCURY INTERACT CORP COM 589405109 1,090.2 1,3 18,200 SH DEFINED 18,200 0 0
MERRILL LYNCH & CO COM 590188108 5,925.0 1,2,3 100,000 SH DEFINED 100,000 0 0
MICROSOFT CORP COM 594918104 3,412.2 1,3 47,000 SH DEFINED 47,000 0 0
MILACRON INC COM 598709103 92.1 3 5,875 SH DEFINED 5,875 0 0
MIRANT CORP COM 604675108 412.8 1,3 12,000 SH DEFINED 12,000 0 0
MITCHELL ENRGY&DEV CL A 606592202 932.0 2,3 20,000 SH DEFINED 20,000 0 0
MOLEX CL A NON-VOTNG CL A 608554200 2,594.1 1,3 86,993 SH DEFINED
MSDW ASIA PAC FND COM 61744U106 1,663.6 2,3 197,348 SH DEFINED 197,348 0 0
MSDW INDIA INV FND COM 61745C105 442.8 2,3 53,026 SH DEFINED 53,026 0 0
NABORS INDUST INC COM 629568106 223.2 1,3 6,000 SH DEFINED 6,000 0 0
NACCO INDS CL A CL A 629579103 130.6 3 1,675 SH DEFINED 1,675 0 0
NBC INTERNET INC-A CL A 62873D105 1,024.9 2,3 474,500 SH DEFINED 474,500 0 0
NEIMAN MARCUS GRP-CLB CL B 640204301 2,914.6 2,3 98,800 SH DEFINED 98,800 0 0
NETOPIA INC COM 64114K104 98.0 3,4 15,957 SH DEFINED 15,957 0 0
NEWHALL LND&FARMNG-LP DEPOS REC 651426108 2,461.3 2,3 89,500 SH DEFINED 89,500 0 0
NEWMONT MINING CORP COM 651639106 651.4 2,3 35,000 SH DEFINED 35,000 0 0
NEWS CORP-SPNS ADR ADR NEW 652487703 3,715.0 2,3 100,000 SH DEFINED 100,000 0 0
NEWS CORP-SPNS ADR PRF SP ADR PFD 652487802 20,891.5 1,2,3 644,800 SH DEFINED 644,800 0 0
NEXTEL COMMNS-CL A CL A 65332V103 225.4 1,3 12,880 SH DEFINED 12,880 0 0
NIAGARA MOHAWK HLDNG COM 653520106 3,479.6 2,3 196,700 SH DEFINED 196,700 0 0
NOKIA CORP -SPON ADR SPONSORED ADR 654902204 1,102.0 1,3 50,000 SH DEFINED 50,000 0 0
NORFOLK SOUTH CORP COM 655844108 13,487.5 2,3 650,000 SH DEFINED 650,000 0 0
NORTEL NETWRKS CRP COM 656568102 6,321.0 2,3 700,000 SH DEFINED 700,000 0 0
NORTH FORK BNCRPRTON COM 659424105 4,650.0 2,3 150,000 SH DEFINED 150,000 0 0
NORTHROP GRUMMAN CORP COM 666807102 3,252.1 2,3 40,600 SH DEFINED 40,000 0 0
NRG ENERGY INC COM 629377102 1,214.4 2,3 55,000 SH DEFINED 55,000 0 0
OGE ENERGY CORP COM 670837103 1,793.0 2,3 79,300 SH DEFINED 79,300 0 0
OLD REPBLC INTL CRP COM 680223104 312.5 3 10,775 SH DEFINED 10,775 0 0
OMNICOM GROUP COM 681919106 4,222.6 1,2,3 49,100 SH DEFINED 49,100 0 0
ON COMMAND CORP COM 682160106 1,586.2 2,3 352,480 SH DEFINED 352,480 0 0
ON COMMAND CRP CLB WT WTBEX10070 682160122 78.8 2,3 123,130 SH CALL DEFINED
OVERSEAS SHIPHLDG GRP COM 690368105 3,857.2 2,3 126,300 SH DEFINED 126,300 0 0
OWENS-ILL INC PFDCONV$.01 690768502 291.1 2,3 20,500 SH DEFINED 20,500 0 0
PACIFIC CENT FINL CRP COM 694058108 415.9 3 16,125 SH DEFINED 16,125 0 0
PALL CORP COM 696429307 2,353.0 2,3 100,000 SH DEFINED 100,000 0 0
PATHMARK STORES INC COM 70322A101 20,711.5 2,3 841,932 SH DEFINED 841,932 0 0
PAYLESS SHOESRCE INC COM 704379106 375.3 3 5,800 SH DEFINED 5,800 0 0
PEABODY ENERGY CORP COM 704549104 2,973.7 1,2,3 90,800 SH DEFINED 90,800 0 0
PEPSI BOTTLING GRPINC COM 713409100 4,010.0 2,3 100,000 SH DEFINED 100,000 0 0
PEPSICO INC COM 713448108 3,624.4 1,3 82,000 SH DEFINED 82,000 0 0
PFIZER INC COM 717081103 5,326.7 1,3 133,000 SH DEFINED 133,000 0 0
PHARMACIA CORP COM 71713U102 3,216.5 1,3 70,000 SH DEFINED 70,000 0 0
PHILIP MORRIS CO INC COM 718154107 193.1 3 3,900 SH DEFINED 3,900 0 0
PHILLIPS PET CO COM 718507106 1,567.5 2,3 27,500 SH DEFINED 27,500 0 0
PLACER DOME INC COM 725906101 2,992.4 2,3 305,352 SH DEFINED 305,352 0 0
POTASH CRP-SASKTCHWN COM 73755L107 3,323.5 2,3 57,900 SH DEFINED 57,900 0 0
POTLATCH CORP COM 737628107 1,892.6 2,3 55,000 SH DEFINED 55,000 0 0
POTOMAC ELEC POWER COM 737679100 4,401.6 2,3 210,400 SH DEFINED 210,400 0 0
PRAXAIR INC COM 74005P104 2,444.0 2,3 52,000 SH DEFINED 52,000 0 0
PRESIDENTIAL LIFE CO COM 740884101 184.2 3 8,225 SH DEFINED 8,225 0 0
PRIME HOSP CORP COM 741917108 964.3 2,3 81,375 SH DEFINED 81,375 0 0
PROVINCE HEALTHC SBNTCV144A05 743977AA8 710.3 1,3 650,000 PRN DEFINED
PROVINCE HEALTHCARE COM 743977100 395.2 1,3 11,200 SH DEFINED 11,200 0 0
PUBLIC SERV CO-N MEX COM 744499104 87.5 3 2,725 SH DEFINED 2,725 0 0
QUALCOMM INC COM 747525103 2,046.8 1,3 35,000 SH DEFINED 35,000 0 0
QUANTA SERVICES SUBNTCONV4%07 74762EAA0 2,420.9 1,3 3,330,000 PRN DEFINED
QUANTA SERVICES INC COM 74762E102 941.1 1,3 42,700 SH DEFINED 42,700 0 0
QUANTUM-DLT&STORAGE COM DSSG 747906204 335.2 3 33,225 SH DEFINED 33,225 0 0
QWEST COMM INTL COM 749121109 2,247.0 1,3,4 70,506 SH DEFINED 70,506 0 0
R.H. DONNELLEY CORP COM NEW 74955W307 134.4 3 4,200 SH DEFINED 4,200 0 0
RADIAN GROUP INC COM 750236101 289.2 3 7,150 SH DEFINED 7,150 0 0
RADIO UNICA COMM COM 75040Q106 14.9 2,3 5,000 SH DEFINED 5,000 0 0
RATIONAL SOFTWAR SUBNTCV144A07 75409PAA1 1,844.1 1,3 1,750,000 PRN DEFINED
RATIONAL SOFTWAR SUBNTCONV5%07 75409PAC7 285.1 1,3 265,000 PRN DEFINED
RATIONAL SOFTWAR CRP COM NEW 75409P202 1,187.5 1,3 42,335 SH DEFINED 42,335 0 0
RAYTHEON COMPANY COM NEW 755111507 5,973.8 2,3 225,000 SH DEFINED 225,000 0 0
REPUBLIC BANCORP COM 760282103 101.5 3 7,300 SH DEFINED 7,300 0 0
RUSSELL CORP COM 782352108 1,753.4 2,3 103,200 SH DEFINED 103,200 0 0
SAFEWAY INC COM NEW 786514208 1,440.0 1,3 30,000 SH DEFINED 30,000 0 0
SANMINA CORP COM 800907107 2,234.4 1,3 95,445 SH DEFINED 95,445 0 0
SANMINA CORP SUBNTCV4.25%04 800907AB3 3,037.0 1,3 2,450,000 PRN DEFINED
SCANA CORP COM 80589M102 14,966.8 2,3 527,000 SH DEFINED 527,000 0 0
SCHLUMBERGER LTD COM 806857108 3,085.3 1,3 58,600 SH DEFINED 58,600 0 0
SCHULMAN (A.) INC COM 808194104 1,694.3 2,3 125,500 SH DEFINED 125,500 0 0
SCIENTIFIC ATLANTA COM 808655104 4,064.1 2,3 100,100 SH DEFINED 100,100 0 0
SCUDDER INTRMD GOVT SH BEN INT 811163104 1,021.6 2,3 149,800 SH DEFINED 149,800 0 0
SEARS ROEBUCK & CO COM 812387108 5,940.3 2,3 140,400 SH DEFINED 140,400 0 0
SEMTECH CORP COM 816850101 1,365.0 1,3 45,500 SH DEFINED 45,500 0 0
SEMTECH CORP SUBNTCV4.5%07 816850AD3 2,319.0 1,3 2,400,000 PRN DEFINED
SHERWIN WILLIAMS CO COM 824348106 2,453.1 2,3 110,500 SH DEFINED 110,500 0 0
SHOPKO STORES INC COM 824911101 1,948.1 2,3 267,600 SH DEFINED 267,600 0 0
SIERRA PACIFIC RES COM 826428104 2,037.1 2,3 127,400 SH DEFINED 127,400 0 0
SIRIUS SATLLT RADIO COM 82966U103 28,691.3 2,3 2,353,672 SH DEFINED 2,353,672 0 0
SLI INC COM 78442T108 83.9 3 10,175 SH DEFINED 10,175 0 0
SOUTHTRUST CORP COM 844730101 208.2 3 8,000 SH DEFINED 8,000 0 0
SOVEREIGN BNCORP INC COM 845905108 3,380.0 2,3 260,000 SH DEFINED 260,000 0 0
SPANISH BRDCSTNG-CLA CL A 846425882 2,009.8 2,3 244,800 SH DEFINED 244,800 0 0
SPRINT CORP COM FON GROUP 852061100 61.0 3,4 2,856 SH DEFINED 2,856 0 0
SPRINT CORP(PCS GRP) PCS COM SER 1 852061506 2,087.2 2,3,4 86,428 SH DEFINED 86,428 0 0
STAR GAS-SENSUBUTS SR SUB UN LTD 85512C204 799.9 2,3 42,434 SH DEFINED 42,434 0 0
STILWELL FINCL INC COM 860831106 14,736.2 1,2,3 439,100 SH DEFINED 439,100 0 0
STILWELL FINL LYONZERO144A31 860831AA4 33,180.0 1,2,3 42,000,000 PRN DEFINED
STORAGE TECH /NEW/COM COMPAR$0.10 862111200 37.9 1,3 2,754 SH DEFINED 2,754 0 0
SUN MICROS INC COM 866810104 2,530.9 1,3 161,000 SH DEFINED 161,000 0 0
SUPERVALU INC COM 868536103 222.9 3 12,700 SH DEFINED 12,700 0 0
T/R SYSTEMS INC COM 87263U102 195.4 3,4 50,243 SH DEFINED 50,243 0 0
TAUBMAN CENTERS INC COM 876664103 2,100.0 1,3 150,000 SH DEFINED 150,000 0 0
TECNOMATIX TECH LTD ORD M8743P105 9.0 2,3 1,000 SH DEFINED 1,000 0 0
TEEKAY SHIPPING CORP COM Y8564W103 8,824.4 2,3 220,500 SH DEFINED 220,500 0 0
TELLABS INC COM 879664100 1,561.7 1,3 81,000 SH DEFINED 81,000 0 0
TEMPLE-INLAND INC COM 879868107 799.4 2,3 15,000 SH DEFINED 15,000 0 0
TEXTRON INC COM 883203101 14,310.4 2,3 260,000 SH DEFINED 260,000 0 0
THOUSAND TRAILS, INC COM 885502104 830.2 2,3 159,660 SH DEFINED 159,660 0 0
TJX COS. INC.NEW COM 872540109 7,674.3 1,2,3 240,800 SH DEFINED 240,800 0 0
TRANSOCEON SDC FRX INC ORD G90078109 2,293.7 1,3 55,606 SH DEFINED 55,606 0 0
TRENWICK GROUP LTD COM G9032C109 84,973.6 2,3 3,707,400 SH DEFINED 3,707,400 0 0
TRIBUNE CO NEW COM 896047107 3,600.9 1,3 90,000 SH DEFINED 90,000 0 0
TRINITY INDUSTRIES COM 896522109 112.2 3 5,475 SH DEFINED 5,475 0 0
TRIZEC HAHN CORP SUB VTG 896938107 5,486.1 2,3 301,600 SH DEFINED 301,600 0 0
TVX GOLD INC COM NEW 87308K200 264.6 2,3 490,080 SH DEFINED 490,080 0 0
TYCO INTL LTD COM 902124106 34,531.0 1,2,3 633,500 SH DEFINED 633,500 0 0
TYCO INTL LTD LYON ZERO 20 902124AC0 117,800.0 1,2,3 155,000,000 PRN DEFINED
UAL CORP COM PAR $0.01 902549500 2,460.5 2,3 70,000 SH DEFINED 70,000 0 0
UGLY DUCKLING CORP COM 903512101 104.9 2,3 24,000 SH DEFINED 24,000 0 0
UNIFI INC COM 904677101 2,063.0 2,3 242,700 SH DEFINED 242,700 0 0
UNION PACIFIC COM 907818108 387.1 3 7.050 SH DEFINED 7,050 0 0
UNISYS CORP COM 909214108 1,287.1 2,3 87,500 SH DEFINED 87,500 0 0
UNITED PARCEL SVC-CLB CL B 911312106 346.8 1,3 6,000 SH DEFINED 6,000 0 0
UNITED TECH CORP COM 913017109 1,465.2 2,3 20,000 SH DEFINED 20,000 0 0
UNIVERSAL CORP-VA COM 913456109 99.2 3 2,500 SH DEFINED 2,500 0 0
UNOCAL CORP COM 915289102 1,243.1 2,3 36,400 SH DEFINED 36,400 0 0
USFREIGHTWAYS CORP COM 916906100 163.7 3 5,550 SH DEFINED 5,550 0 0
USX - MARATHON GRP COM NEW 902905827 5,679.2 2,3 192,450 SH DEFINED 192,450 0 0
USX - U S STEEL GRP COM 90337T101 4,735.3 2,3 235,000 SH DEFINED 235,000 0 0
VALERO ENERGY CORP COM 91913Y100 8,275.5 2,3 225,000 SH DEFINED 225,000 0 0
VERIZON COMM INC COM 92343V104 2,407.5 1,3 45,000 SH DEFINED 45,000 0 0
VIRCO MFG CORP COM 927651109 110.7 3 10,750 SH DEFINED 10,750 0 0
VISTEON CORP -W/I COM 92839U107 3,676.0 2,3 200,000 SH DEFINED 200,000 0 0
VODAFONE ARTCHPLC-ADR SPNSRD ADR 92857W100 7,067.1 1,2,3 316,200 SH DEFINED 316,200 0 0
VORNADO REALTY TRUST SH BEN INT 929042109 1,561.6 2,3 40,000 SH DEFINED 40,000 0 0
WACHOVIA CORP NEW COM 929771103 4,624.8 2,3 65,000 SH DEFINED 65,000 0 0
WACKENHUT CORP-CL B COM SER B 929794303 411.4 2,3 29,900 SH DEFINED 29,900 0 0
WAL MART STORES INC COM 931142103 3,147.6 1,3 64,500 SH DEFINED 64,500 0 0
WATSON PHARM INC COM 942683103 2,897.1 1,3 47,000 SH DEFINED 47,000 0 0
WELLS FARGO & CO COM 949746101 4,643.0 1,3 100,000 SH DEFINED 100,000 0 0
WESTERN RESOURCES INC COM 959425109 1,137.4 2,3 52,900 SH DEFINED 52,900 0 0
WHIRLPOOL CORP COM 963320106 198.4 3 3,175 SH DEFINED 3,175 0 0
WILLAMETTE IND COM 969133107 1,485.0 2,3 30,000 SH DEFINED 30,000 0 0
WILLIAMS COMMS GRP CL A 969455104 5.6 3,4 1,901 SH DEFINED 1,901 0 0
WILLIAMS COS INC COM 969457100 3,272.3 1,3,4 99,312 SH DEFINED 99,312 0 0
WISCONSIN ENRGY CRP COM 976657106 2,070.4 2,3 87,100 SH DEFINED 87,100 0 0
XTRA CORP COM 984138107 798.0 1,3 16,089 SH DEFINED 16,089 0 0
YOUNG BRDCSTNG INC-A CL A 987434107 2,814.0 1,2,3 83,800 SH DEFINED 83,800 0 0
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 4
Form 13F Information Table Entry Total: 353
Form 13F Information Table Value Total: 1,832,338.1 (in thousands)
List of Other Included Managers:
No. 13F File Number Name
1 28-386 Continental Assurance Company
2 28-387 Continental Casualty Company
3 28-346 CNA Financial Corporation
4 28-172 The Continental Corporation