FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 2000
Check here if Amentment [ ]; 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:
Chicago, Illinois, May 11, 2000 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
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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.
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FORM 13F 3/31/00 NAME OF REPORTING MANAGER: CNA Financial Corporation
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FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- -----------------------------------------------------------------------------------------------------------------------------------
ACME COMMUNICATIONS INC COM 004631107 15,431 674,595 SH DEFINED 2,3 674,595 0 0
ACX TECHNOLOGIES COM 005123104 0 2 SH DEFINED 3,4 2 0 0
ADVANTICA RESTAURANT GROUP COM 00758B109 5,816 3,877,287 SH DEFINED 2,3 3,877,287 0 0
AES CORP JR SBDB CV4.5%05 00130HAN5 8,344 5,445,000 PRN DEFINED 1,3
AFFIL COMPUTER SB NT CV 4% 05 008190AD2 4,921 4,720,000 PRN DEFINED 1,3
AGILENT TECHNOLOGIES INC COM 00846U101 2,288 22,000 SH DEFINED 1,3 22,000 0 0
AGNICO-EAGLE MINES LTD COM 008474108 2,030 365,000 SH DEFINED 2,3 365,000 0 0
AIR PRODUCTS & CHEMICAL COM 009158106 569 20,000 SH DEFINED 2,3 20,000 0 0
ALLIN COMMUNICATIONS CORP COM 019924109 1,169 340,000 SH DEFINED 2,3 340,000 0 0
ALLTEL CORP COM 020039103 6,328 100,352 SH DEFINED 2,3,4 100,352 0 0
ALPHARMA INC SB NT CV 5,75%05 020813AB7 7,168 5,280,000 PRN DEFINED 1,3
ALTIVA FINANCIAL CORP COM NEW 021497300 52 32,000 SH DEFINED 2,3 32,000 0 0
AMERADA HESS COM 023551104 1,616 25,000 SH DEFINED 2,3 25,000 0 0
AMERICA ONLINE INC COM 02364J104 4,237 63,000 SH DEFINED 1,3 63,000 0 0
AMERICA WEST HOLDINGS CL B 023657208 330 21,278 SH DEFINED 1,3 21,278 0 0
AMERICAN BUSINESS FINL SVCS COM 02476B106 443 25,042 SH DEFINED 2,3 25,042 0 0
AMERICAN CAPITAL STRATEGIES COM 024937104 4,123 162,500 SH DEFINED 2,3 162,500 0 0
AMERICAN EXPRESS COM 025816109 3,723 25,000 SH DEFINED 1,3 25,000 0 0
AMERICAN INTL GROUP INC COM 026874107 999 9,127 SH DEFINED 2,3 9,127 0 0
AMR CORP COM 001765106 1,913 60,000 SH DEFINED 2,3 60,000 0 0
ANHEUSER BUSCH CO COM 035229103 2,185 35,100 SH DEFINED 2,3 35,100 0 0
ANTEC CORP SB NT CV 144A 03 03664PAA3 4,323 2,250,000 PRN DEFINED 2,3
AON CORP COM 037389103 2,148 66,600 SH DEFINED 2,3 66,600 0 0
APPLIED MATERIALS INC. COM 038222105 9,048 48,000 SH DEFINED 1,3 48,000 0 0
ARCHER DANIELS COM 039483102 9,287 900,578 SH DEFINED 2,3 900,578 0 0
ARGUSS HOLDINGS INC COM 040282105 8,212 367,012 SH DEFINED 1,3 367,012 0 0
ASHANTI GOLDFIELDS-SPONS GDR GLOB DEP RCPT 043743202 1,233 580,000 SH DEFINED 2,3 580,000 0 0
AT & T CORPORATION COM 001957109 22,525 400,000 SH DEFINED 2,3 400,000 0 0
BANGOR HYDRO-ELECTRIC CO COM 060077104 116 6,700 SH DEFINED 2,3 6,700 0 0
BANK ONE CORP COM 06423A103 4,538 132,000 SH DEFINED 2,3 132,000 0 0
BANK UNITED CORP-CL A CL A 065412108 2,209 70,000 SH DEFINED 1,3 70,000 0 0
BAYCORP HOLDINGS LTD COM 072728108 8,653 397,842 SH DEFINED 1,3 397,842 0 0
BECTON DICKINSON & CO COM 075887109 4,328 164,500 SH DEFINED 2,3 164,500 0 0
BELL ATLANTIC CORP COM 077853109 2,139 35,000 SH DEFINED 2,3 35,000 0 0
BELLSOUTH CORP COM 079860102 1,641 35,000 SH DEFINED 2,3 35,000 0 0
BEVERLY ENTERPRISES INC COM NEW 087851309 3,078 834,900 SH DEFINED 2,3 834,900 0 0
BOEING COMPANY COM 097023105 3,781 100,000 SH DEFINED 2,3 100,000 0 0
BUCKHEAD AMERICA CORP COM 11835A105 111 21,579 SH DEFINED 2,3 21,579 0 0
BURLINGTON NORTHERN SANTA FE COM 12189T104 13,768 605,200 SH DEFINED 2,3 605,200 0 0
BURLINGTON RESOURCES INC COM 122014103 2,220 60,000 SH DEFINED 2,3 60,000 0 0
CABOT INDUSTRIAL TRUST COM 127072106 261 14,000 SH DEFINED 2,3 14,000 0 0
CANADIAN NATL RAILWAY CO COM 136375102 6 224 SH DEFINED 1,3 224 0 0
CAPITAL ONE FINANCIAL CORP COM 14040H105 2,397 50,000 SH DEFINED 2,3 50,000 0 0
CARDINAL HEALTH INC. COM 14149Y108 3,194 69,625 SH DEFINED 1,3 69,625 0 0
CARNIVAL CORP COM 143658102 2,233 90,000 SH DEFINED 1 90,000 0 0
CATELLUS DEVELOPMENT CORP COM 149111106 1,495 107,724 SH DEFINED 2,3 107,724 0 0
CH ENERGY GROUP INC. COM 12541M102 987 32,500 SH DEFINED 2,3 32,500 0 0
CHARTER COMMUNICATIONS INC-A CL A 16117M107 2,794 195,000 SH DEFINED 2,3 195,000 0 0
CISCO SYSTEMS INC COM 17275R102 16,236 210,000 SH DEFINED 1,3 210,000 0 0
CITIGROUP INC COM 172967101 4,804 81,000 SH DEFINED 1,3 81,000 0 0
CNA INCOME SHARES INC COM 126119106 939 126,125 SH DEFINED 2,3 126,125 0 0
CNA SURETY CORPORATION COM 12612L108 377,655 27,096,347 SH DEFINED 2,3,4 27,096,347 0 0
COMCAST CORP CL A SPL CL A SPL 200300200 5,205 120,000 SH DEFINED 1,3 120,000 0 0
COMMUNICATION INTELLIGENCE COM 20338K106 4,476 750,000 SH DEFINED 2,3 750,000 0 0
CONECTIV INC COM 206829103 919 52,500 SH DEFINED 2,3 52,500 0 0
CREDENCE SYSTEMS NT CV 5.25%02 225302AC2 6,550 3,550,000 PRN DEFINED 1,3
CREDENCE SYSTEMS CORP COM 225302108 501 4,000 SH DEFINED 3 4,000 0 0
CRESCENT REAL ESTATE EQT CO COM 225756105 1,575 90,000 SH DEFINED 2,3 90,000 0 0
CROWN RESOURCE CORP/COLO COM 228569109 693 501,400 SH DEFINED 2,3 501,400 0 0
CYANOTECH CORP NEW COM NEW 232437202 1,172 493,400 SH DEFINED 3,4 493,400 0 0
DTE ENERGY COMPANY COM 233331107 1,313 45,000 SH DEFINED 2,3 45,000 0 0
EASTERN UTILITIES ASSOC COM 277173100 2,667 85,000 SH DEFINED 2,3 85,000 0 0
EAST-WEST BANCORP INC. COM 27579R104 22,124 2,000,000 SH DEFINED 2,3 2,000,000 0 0
ECOLAB INC COM 278865100 44 1,200 SH DEFINED 3 1,200 0 0
EMC CORPORATION COM 268648102 7,163 57,300 SH DEFINED 1,3 57,300 0 0
ENGEL GENERAL DEVELOPERS ORD M40515104 465 120,000 SH DEFINED 2,3 120,000 0 0
ENRON CORP COM 293561106 10,483 140,000 SH DEFINED 1,3 140,000 0 0
EQUANT NV-NY REGISTERED SHR NY REG SHS 294409107 2,977 35,000 SH DEFINED 1,3 35,000 0 0
EQUITY OFFICE PROPERTIES TR COM 294741103 2,643 105,200 SH DEFINED 2,3 105,200 0 0
EQUITY OFFICE PROPERTIES TRUSPFD CV B 5.25% 294741509 7,106 187,000 SH DEFINED 2,3 187,000 0 0
EQUITY RESIDENTIAL PROPERTY TSH BEN INT 29476L107 13,652 339,700 SH DEFINED 2,3 339,700 0 0
ESTEE LAUDER COMPANIES CL A 518439104 50 1,000 SH DEFINED 2,3 1,000 0 0
EXCITE@HOME SB NT CV 144A 06 045919AD9 2,408 3,000,000 PRN DEFINED 2,3
EXIGENT INTERNATIONAL INC COM 302056106 1 125 SH DEFINED 1,3 125 0 0
FIRST ALLIANCE CORP/CA COM 317936102 476 262,500 SH DEFINED 2,3 262,500 0 0
FIRST DATA CORP COM 319963104 3,319 75,000 SH DEFINED 1,3 75,000 0 0
FORD MOTOR COMPANY COM 345370100 8,269 180,000 SH DEFINED 2,3 180,000 0 0
FRIEDMAN BILLINGS RAMSEY-A CL A 358433100 555 51,000 SH DEFINED 2,3 51,000 0 0
GENENTECH INC SUB DEB CV 5%02 368710AA7 6,878 7,165,000 PRN DEFINED 2,3
GENERAL COMMUNICATION -CL A CL A 369385109 43 7,913 SH DEFINED 1,3 7,913 0 0
GENERAL ELECTRIC CO COM 369604103 6,673 43,000 SH DEFINED 1,3 43,000 0 0
GENZYME CORP SB NT CV 5.25%05 372917AF1 3,918 2,700,000 PRN DEFINED 1,3
GILLETTE CO. COM 375766102 3,543 94,000 SH DEFINED 1,3 94,000 0 0
GLAMIS GOLD LTD SV COM 376775102 2,364 1,260,740 SH DEFINED 2,3 1,260,740 0 0
GLENBOROUGH REALTY TRUST INC COM 37803P105 363 25,000 SH DEFINED 2,3 25,000 0 0
GLOBAL CROSSING LTD COM G3921A100 1,479,575 36,142,735 SH DEFINED 2,3 36,142,735 0 0
GOLD STANDARD INC COM PAR $0.001 380724302 191 82,813 SH DEFINED 2,3 82,813 0 0
GOLDCORP INC-CL A CL A SUB VTG 380956102 2,282 375,000 SH DEFINED 2,3 375,000 0 0
GOLDEN STATE BANCORP COM 381197102 2,137 143,100 SH DEFINED 2,3 143,100 0 0
GREENPOINT FINANCIAL CORP COM 395384100 1,005 51,200 SH DEFINED 2,3 51,200 0 0
HAYES LEMMERZ INTL INC COM COM 420781106 5,441 284,500 SH DEFINED 2,3 284,500 0 0
HEALTHCARE REALTY TRUST INC COM 421946104 6,544 390,700 SH DEFINED 2,3 390,700 0 0
HEALTHSOUTH CORP. COM 421924101 5,687 1,000,000 SH DEFINED 2,3 1,000,000 0 0
HEINZ H J CO COM 423074103 157 4,500 SH DEFINED 2,3 4,500 0 0
HEWLET-PACKARD SB LYON ZERO 17 428236AC7 45,602 60,500,000 PRN DEFINED 2,3
HEWLETT-PACK FIN SBLYON144AZERO17 428236AA1 11,306 15,000,000 PRN DEFINED 2,3
HOME DEPOT COM 437076102 774 12,000 SH DEFINED 3 12,000 0 0
HORIZON GROUP PROPERTIES INC COM 44041U102 3 630 SH DEFINED 2,3 630 0 0
HUMANA INC. COM 444859102 1,280 175,000 SH DEFINED 2,3 175,000 0 0
IDACORP INC COM 451107106 1,199 34,500 SH DEFINED 2,3 34,500 0 0
ILLINOIS TOOL WORKS INC COM 452308109 2,862 51,800 SH DEFINED 1,3 51,800 0 0
IMC GLOBAL INC COM 449669100 1,475 100,000 SH DEFINED 2,3 100,000 0 0
IMPERIAL CREDIT COMMERCIAL COM 45272T102 1,725 150,000 SH DEFINED 2,3 150,000 0 0
INFINITY BROADCASTING CORP-A CL A 45662S102 3,108 96,000 SH DEFINED 1,3 96,000 0 0
INSWEB CORPORATION COM 45809K103 13,489 1,401,467 SH DEFINED 2,3 1,401,467 0 0
INTEL CORP COM 458140100 5,884 44,600 SH DEFINED 1,3 44,600 0 0
INTERMEDIA COMMUNICATIONS COM 458801107 5,218 108,000 SH DEFINED 1,3 108,000 0 0
INTERNATIONAL BUSINESS MACHINCOM 459200101 3,705 31,400 SH DEFINED 1,3 31,400 0 0
INTERSTATE BAKERIES COM 46072H108 6,056 425,000 SH DEFINED 2,3 425,000 0 0
JPS INDUSTRIES INC COM 46624E405 1,467 419,243 SH DEFINED 2,3 419,243 0 0
KEMPER INTERMEDIATE GOVT TRUSSH BEN INT 488413105 946 149,800 SH DEFINED 2,3 149,800 0 0
KEYSPAN CORPORATION COM 49337W100 9,748 352,860 SH DEFINED 2,3 352,860 0 0
KEYSTONE FINANCIAL INC COM 493482103 19 1,013 SH DEFINED 3,4 1,013 0 0
KROGER COMPANY COM 501044101 5,343 304,200 SH DEFINED 1,2,3 304,200 0 0
L-3 COMMUNICATIONS CORP COM 502424104 2,272 43,700 SH DEFINED 1,3 43,700 0 0
LASALLE RE HOLDINGS ORD G5383Q101 19,777 1,425,354 SH DEFINED 2,3 1,425,354 0 0
LIBERTY MEDIA COM LIB GRP A 001957208 16,532 279,024 SH DEFINED 1,3 279,024 0 0
LIBERTY PROPERTY TRUST SH BEN INT 531172104 4,550 190,100 SH DEFINED 2,3 190,100 0 0
LILLY (ELI) & CO. COM 532457108 2,381 37,800 SH DEFINED 1,3 37,800 0 0
LOCKHEED MARTIN CORP COM 539830109 1,022 50,000 SH DEFINED 2,3 50,000 0 0
LORAL SPACE & COMMUNICATIONS COM G56462107 1,645 161,500 SH DEFINED 1,3 161,500 0 0
MACK-CALI REALTY CORP COM 554489104 255 10,000 SH DEFINED 2,3 10,000 0 0
MATTEL INC COM 577081102 5,250 500,000 SH DEFINED 2,3 500,000 0 0
MCKESSON HBOC INC COM 58155Q103 2,262 107,700 SH DEFINED 2,3 107,700 0 0
MCLEODUSA INC-CL A COM 582266102 848 10,000 SH DEFINED 3 10,000 0 0
MEDIAONE GROUP, INC COM 58440J104 1,046 12,917 SH DEFINED 3,4 12,917 0 0
MEDTRONIC INC COM 585055106 6,173 120,000 SH DEFINED 1,3 120,000 0 0
MELLON FINANCIAL CORP COM 58551A108 387 13,000 SH DEFINED 3 13,000 0 0
MERIDIAN GOLD INC COM 589975101 1,512 265,000 SH DEFINED 2,3 265,000 0 0
MGIC AETNA INC. COM 008117103 12,071 217,500 SH DEFINED 2,3 217,500 0 0
MGIC GPU INC. COM 36225X100 958 35,000 SH DEFINED 2,3 35,000 0 0
MICROCELL TELECOMMUNICATIONS CL B NON VTG 59501T304 472 10,647 SH DEFINED 2,3 10,647 0 0
MICROSOFT CORP COM 594918104 4,569 43,000 SH DEFINED 1,3 43,000 0 0
MOLEX - CLASS A NON-VOTING CL A 608554200 3,860 86,993 SH DEFINED 1,3 86,993 0 0
MORRISON KNUDSEN CORP-WTS WT EXP 031103 61844A117 0 35 SH CALL DEFINED 3,4
MOTOROLA INC COM 620076109 5,553 39,000 SH DEFINED 1,3 39,000 0 0
MSDW ASIA PACIFIC FUND COM 61744U106 2,065 189,900 SH DEFINED 2,3 189,900 0 0
MSDW INDIA INVESTMENT FUND COM 61745C105 533 40,400 SH DEFINED 2,3 40,400 0 0
NACCO INDS INC CL A CL A 629579103 820 17,100 SH DEFINED 2,3 17,100 0 0
NATL DATA CORP SUB NT CONV 5%03 635621AA3 3,878 4,610,000 PRN DEFINED 1,3
NETOPIA INC COM 64114K104 1,148 15,957 SH DEFINED 3,4 15,957 0 0
NIAGARA MOHAWK HOLDINGS INC COM 653520106 3,195 236,700 SH DEFINED 2,3 236,700 0 0
NORFOLK SOUTHERN CORP. COM 655844108 2,907 204,000 SH DEFINED 2,3 204,000 0 0
NORTH FORK BANCORPORATION COM 659424105 2,275 127,250 SH DEFINED 2,3 127,250 0 0
OGE ENERGY CORP COM 670837103 1,522 79,300 SH DEFINED 2,3 79,300 0 0
OMNICARE INC SUB DEB CV 5%07 681904AD0 368 500,000 PRN DEFINED 3
ON COMMAND CORPORATION COM 682160106 5,287 352,480 SH DEFINED 2,3 352,480 0 0
ON COMMAND CORPORATION- CLASSWT BTEX 100703 682160122 554 123,130 SH CALL DEFINED 2,3
OWENS-ILL INC PFD CONV $.01 690768502 1,783 65,900 SH DEFINED 2,3 65,900 0 0
OWENS-ILLINOIS INC COM NEW 690768403 926 54,900 SH DEFINED 2,3 54,900 0 0
PACTIV CORPORATION COM 695257105 1,651 190,000 SH DEFINED 2,3 190,000 0 0
PENNEY (J.C.) CO. INC. COM 708160106 1,934 130,000 SH DEFINED 2,3 130,000 0 0
PEPSI BOTTLING GROUP INC COM 713409100 7,600 380,000 SH DEFINED 2,3 380,000 0 0
PEPSICO INCORPORATED COM 713448108 3,180 92,000 SH DEFINED 1,3 92,000 0 0
PFIZER INC COM 717081103 4,863 133,000 SH DEFINED 1,3 133,000 0 0
PHILIP MORRIS COMPANIES INC COM 718154107 24,213 1,166,900 SH DEFINED 2,3 1,166,900 0 0
PITNEY-BOWES INC COM 724479100 2,011 45,000 SH DEFINED 1,3 45,000 0 0
PLACER DOME INC COM 725906101 3,479 445,352 SH DEFINED 2,3 445,352 0 0
POLICY MANAGEMENT SYSTEMS COECOM 731108106 18,228 1,519,024 SH DEFINED 2,3 1,519,024 0 0
POTASH CORP OF SASKATCHEWAN COM 73755L107 4,395 87,900 SH DEFINED 2,3 87,900 0 0
POTOMAC ELECTRIC POWER COM 737679100 20,134 889,900 SH DEFINED 2,3 889,900 0 0
PREMIER PARKS COM NEW 740540208 229 10,900 SH DEFINED 3 10,900 0 0
PRIME HOSPITALITY CORP COM 741917108 46 6,375 SH DEFINED 2,3 6,375 0 0
PRIME RETAIL INC COM 741570105 28 12,600 SH DEFINED 2,3 12,600 0 0
PRISON REALTY TRUST INC COM 74264N105 668 218,300 SH DEFINED 2,3 218,300 0 0
PROCTER & GAMBLE CO COM 742718109 3,988 70,900 SH DEFINED 1,2,3 70,900 0 0
PROVIDIAN FINANCIAL CORP COM 74406A102 1,299 15,000 SH DEFINED 2,3 15,000 0 0
PSINET INC COM 74437C101 2,755 81,000 SH DEFINED 1,3 81,000 0 0
RADIO ONE INC CL A 75040P108 559 8,391 SH DEFINED 3,4 8,391 0 0
RAYTHEON CO. COM CL B 755111408 888 50,000 SH DEFINED 2,3 50,000 0 0
REYNOLDS METALS CO COM 761763101 3,050 45,600 SH DEFINED 2,3 45,600 0 0
RGS ENERGY GROUP INC COM 74956K104 1,647 77,500 SH DEFINED 2,3 77,500 0 0
ROCKWELL INTL CORP COM 773903109 1,112 26,600 SH DEFINED 2,3 26,600 0 0
SAFEWAY INC COM NEW 786514208 4,525 100,000 SH DEFINED 1,2,3 100,000 0 0
SANMINA CORP SB DB CV 144A 05 800907AA5 1,849 1,130,000 PRN DEFINED 1,3
SANMINA CORP SUB NTCV 4.25%04 800907AB3 6,087 3,720,000 PRN DEFINED 1,3
SBC COMMUNICATIONS INC COM 78387G103 843 20,000 SH DEFINED 2,3 20,000 0 0
SCANA CORP COM 80589M102 9,640 392,466 SH DEFINED 2,3 392,466 0 0
SCHERING PLOUGH COM 806605101 4,410 120,000 SH DEFINED 1,3 120,000 0 0
SCHLUMBERGER LIMITED COM 806857108 4,942 64,600 SH DEFINED 1,3 64,600 0 0
SEACOR HOLDINGS SUBNTCV 5.375%06 811904AE1 511 500,000 PRN DEFINED 3
SEAGATE TECHNOLOGY INC. COM 811804103 615 10,000 SH DEFINED 2,3 10,000 0 0
SFX ENTERTAINMENT INC CL A 784178105 41 1,000 SH DEFINED 2,3 1,000 0 0
SIEBEL SYSTEMS INC COM 826170102 2,986 25,000 SH DEFINED 1,3 25,000 0 0
SIERRA PACIFIC RESOURCES COM 826428104 969 77,500 SH DEFINED 2,3 77,500 0 0
SMITH CHARLES E RESIDENTIAL COM 832197107 271 7,500 SH DEFINED 2,3 7,500 0 0
SOLECTRON CORP COM 834182107 1,605 40,000 SH DEFINED 1,3 40,000 0 0
SOLUTIA INC COM 834376105 1,078 80,600 SH DEFINED 2,3 80,600 0 0
SPANISH BROADCASTING SYS CLA CL A 846425882 235 10,000 SH DEFINED 2,3 10,000 0 0
SPEEDWAY MOTORSP SB DB CV 5.75%03 847788AC0 4,572 4,781,000 PRN DEFINED 1,3
SPLITROCK SERVICES INC COM 848636304 832 20,364 SH DEFINED 2,3 20,364 0 0
SPRINT CORP COM FON GROUP 852061100 5,913 93,856 SH DEFINED 1,3,4 93,856 0 0
SPRINT CORP (PCS GROUP) PCS COM SER 1 852061506 94 1,428 SH DEFINED 3,4 1,428 0 0
STAR GAS PARTNER-SEN SUB UTS SR SUB UN LTD 85512C204 191 42,434 PRN DEFINED 2,3
STMICROELECTRON SUB LYON ZERO 09 861012AB8 47,036 28,550,000 PRN DEFINED 1,2,3
STORAGE TECHNOLOGY /NEW/COM COM PAR $0.10 862111200 44 2,754 SH DEFINED 1,3 2,754 0 0
SUN MICROSYSTEMS INC COM 866810104 7,028 75,000 SH DEFINED 1,3 75,000 0 0
SUNBEAM CORP SRSDCV ZRO144A18 867071AA0 16,248 97,000,000 PRN DEFINED 2,3
TANDY CORP COM 875382103 3,167 62,400 SH DEFINED 1,3 62,400 0 0
TECNOMATIX TECHNOLOGIES LTD ORD M8743P105 43 1,000 SH DEFINED 2,3 1,000 0 0
TEEKAY SHIPPING CORP COM Y8564W103 1,516 55,000 SH DEFINED 2,3 55,000 0 0
TELLABS INC COM 879664100 4,472 71,000 SH DEFINED 1,3 71,000 0 0
TEXAS INSTRUMENTS INCORPORATECOM 882508104 6,880 43,000 SH DEFINED 1,3 43,000 0 0
THOUSAND TRAILS, INC COM 885502104 778 159,660 SH DEFINED 2,3 159,660 0 0
TOWER AUTOMOTIVE SB NT CV 5%04 891707AE1 4,830 5,600,000 PRN DEFINED 1,3
TRIBUNE CO NEW COM 896047107 3,985 109,000 SH DEFINED 1,2,3 109,000 0 0
TVX GOLD INC COM 87308K101 1,876 2,501,900 SH DEFINED 2,3 2,501,900 0 0
TYCO INTERNATIONAL LTD COM 902124106 4,838 97,000 SH DEFINED 1,3 97,000 0 0
UGLY DUCKLING CORP COM 903512101 384 50,000 SH DEFINED 2,3 50,000 0 0
UNION PACIFIC COM 907818108 3,916 100,100 SH DEFINED 2,3 100,100 0 0
UNITED TECHNOLOGIES CORP. COM 913017109 2,932 46,400 SH DEFINED 1,3 46,400 0 0
UNOCAL CORP COM 915289102 2,053 69,000 SH DEFINED 2,3 69,000 0 0
US AIR GROUP INC COM 911905107 417 15,000 SH DEFINED 2,3 15,000 0 0
US WEST INC COM 91273H101 21 293 SH DEFINED 1,3 293 0 0
USEC INC COM 90333E108 283 59,500 SH DEFINED 2,3 59,500 0 0
UST INC COM 902911106 19,520 1,249,300 SH DEFINED 2,3 1,249,300 0 0
WAL MART STORES INC COM 931142103 2,470 44,500 SH DEFINED 1,3 44,500 0 0
WASHINGTON GAS LIGHT CO COM 938837101 2,808 103,300 SH DEFINED 2,3 103,300 0 0
WASTE MANAGEMENT INC COM 94106L109 1,560 114,000 SH DEFINED 2,3 114,000 0 0
WELLS FARGO & COMPANY COM 949746101 3,684 90,000 SH DEFINED 1,3 90,000 0 0
WILLIAMS COS INC COM 969457100 8,977 204,312 SH DEFINED 1,2,3,4 204,312 0 0
WIND RIVER SYSTM SUB NT CONV 5% 02 973149AC1 3,742 3,078,000 PRN DEFINED 1,3
WISCONSIN ENERGY CORP COM 976657106 1,176 59,000 SH DEFINED 2,3 59,000 0 0
WPS RESOURCES CORP COM 92931B106 1,123 43,300 SH DEFINED 2,3 43,300 0 0
XEROX CORP COM 984121103 2,020 77,700 SH DEFINED 2,3 77,700 0 0
XTRA CORP COM 984138107 611 16,089 SH DEFINED 1,3 16,089 0 0
</TABLE>
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 4
Form 13F Information Table Entry Total: 2,786,113 (in thousands)
Form 13F Information Table Value Total: 226
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
