FORM 13F
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended June 30, 2004
Check here if Amendment: [ ]; Amendment Number:
-------
This Amendment:
[ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Loews Corporation
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Address: 667 Madison Avenue New York New York 10021
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(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
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Title: General Counsel and Senior Vice President
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Phone: 212-521-2932
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Signature, Place, and Date of Signing:
/s/ Gary W. Garson
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(Signature)
Place: 667 Madison Avenue New York New York 10021
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(Street) (City) (State) (Zip)
Date: August 4, 2004
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Page 1 of 17
Loews Corporation ("Loews"), by virtue of its approximately 91.3% 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 17
FORM 13F SUMMARY PAGE
REPORT SUMMARY
Number of Other Included Managers: NONE.
Form 13F Information Table Entry Total: 199
Form 13F Information Table Value Total: $8,994.1 (millions)
List of Other Included Managers: NONE.
Page 3 of 17
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
AES CORP Common 00130H105 397 40,000 SH Sole 40,000
AETNA INC NEW Common 00817Y108 219 2,575 SH Sole 2,575
AGILYSYS INC Common 00847J105 294 21,300 SH Sole 21,300
ALLIANCE GAMING Common 01859P609 944 55,000 SH Sole 55,000
CORP
ALLSTATE CORP Common 020002101 3,208 68,925 SH Sole 68,925
AMBAC FINL GROUP Common 023139108 2,203 30,000 SH Sole 30,000
INC
AMEREN CORP Common 023608102 434 10,100 SH Sole 10,100
AMERICAN HOME MTG Common 02660R107 458 17,650 SH Sole 17,650
INVT CORP
AMERICAN NATL INS Common 028591105 2,167 23,475 SH Sole 23,475
CO
AMERICAN PHYSICIANS Common 028884104 389 16,800 SH Sole 16,800
CAPITAL
AMERUS GROUP CO Common 03072M108 282 6,800 SH Sole 6,800
ANADARKO PETE CORP Common 032511107 4,102 70,000 SH Sole 70,000
ANHEUSER BUSCH COS Common 035229103 799 14,800 SH Sole 14,800
INC
ANIXTER INTL INC Common 035290105 299 8,800 SH Sole 8,800
AON CORP Common 037389103 2,240 78,675 SH Sole 78,675
APPLICA INC Common 03815A106 267 30,000 SH Sole 30,000
------------
TOTAL $ 18,702
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Page 4 of 17 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
ARVINMERITOR INC Common 043353101 387 19,800 SH Sole 19,800
ASHLAND INC Common 044204105 1,179 22,325 SH Sole 22,325
ASSURANT INC Common 04621X108 288 10,900 SH Sole 10,900
AT&T WIRELESS SVCS Common 00209A106 6,659 465,000 SH Sole 465,000
INC
BALLARD PWR SYS INC Common 05858H104 253 27,600 SH Sole 27,600
BANK NEW YORK INC Common 064057102 519 17,600 SH Sole 17,600
BANK OF AMERICA Common 060505104 607 7,177 SH Sole 7,177
CORPORATION
BARRICK GOLD CORP Common 067901108 7,069 357,900 SH Sole 357,900
BEARINGPOINT INC Common 074002106 208 23,425 SH Sole 23,425
BEAZER HOMES USA Common 07556Q105 2,006 20,000 SH Sole 20,000
INC
BECKMAN COULTER INC Common 075811109 610 10,000 SH Sole 10,000
BECTON DICKINSON & Common 075887109 518 10,000 SH Sole 10,000
CO
BOEING CO Common 097023105 2,635 51,575 SH Sole 51,575
BOWNE & CO INC Common 103043105 318 20,050 SH Sole 20,050
BP PLC Common 055622104 1,146 21,400 SH Sole 21,400
------------
TOTAL $ 24,402
------------
Page 5 of 17 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
BRISTOL MYERS Common 110122108 386 15,775 SH Sole 15,775
SQUIBB CO
BURLINGTON RES INC Common 122014103 1,085 30,000 SH Sole 30,000
CABLEVISION SYS Common 12686C109 1,914 97,400 SH Sole 97,400
CORP
CABOT OIL & GAS Common 127097103 2,538 60,000 SH Sole 60,000
CORP
CAPSTONE TURBINE Common 14067D102 216 100,000 SH Sole 100,000
CORP
CENTEX CORP Common 152312104 2,745 60,000 SH Sole 60,000
CHEVRONTEXACO CORP Common 166764100 1,412 15,000 SH Sole 15,000
CIGNA CORP Common 125509109 702 10,200 SH Sole 10,200
CINERGY CORP Common 172474108 1,174 30,900 SH Sole 30,900
CIT GROUP INC Common 125581108 1,157 30,225 SH Sole 30,225
CITIGROUP INC Common 172967101 5,847 125,750 SH Sole 125,750
CLEVELAND CLIFFS Common 185896107 282 5,000 SH Sole 5,000
INC
CNA FINL CORP Common 126117100 6,912,831 233,620,515 SH Sole 233,620,515
CNF INC Common 12612W104 1,529 36,800 SH Sole 36,800
CNH GLOBAL N V Common N20935206 1,911 92,600 SH Sole 92,600
COMCAST CORP NEW Common 20030N200 22,778 825,000 SH Sole 825,000
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TOTAL $ 6,958,507
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Page 6 of 17 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
COMMSCOPE INC Common 203372107 243 11,325 SH Sole 11,325
COMPUTER ASSOC INTL Common 204912109 1,538 54,800 SH Sole 54,800
INC
CONOCOPHILLIPS Common 20825C104 2,701 35,400 SH Sole 35,400
COOPER INDS LTD Common G24182100 829 13,950 SH Sole 13,950
CYTEC INDS INC Common 232820100 1,294 28,475 SH Sole 28,475
D R HORTON INC Common 23331A109 852 30,000 SH Sole 30,000
DEL MONTE FOODS CO Common 24522P103 248 24,400 SH Sole 24,400
DELPHI FINL GROUP Common 247131105 357 8,012 SH Sole 8,012
INC
DIAGEO P L C Common 25243Q205 471 8,600 SH Sole 8,600
DIAMOND OFFSHORE Common 25271C102 1,670,593 70,104,620 SH Sole 70,104,620
DRILLING INC
DILLARDS INC Common 254067101 264 11,825 SH Sole 11,825
DISNEY WALT CO Common 254687106 1,275 50,000 SH Sole 50,000
DONNELLEY R R & Common 257867101 4,261 129,036 SH Sole 129,036
SONS CO
ENTERGY CORP NEW Common 29364G103 1,927 34,400 SH Sole 34,400
ESTERLINE Common 297425100 481 16,275 SH Sole 16,275
TECHNOLOGIES CORP
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TOTAL $ 1,687,334
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Page 7 of 17 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
EXPRESSJET HOLDINGS Common 30218U108 293 24,100 SH Sole 24,100
INC
F M C CORP Common 302491303 956 22,175 SH Sole 22,175
FEDERAL HOME LN MTG Common 313400301 1,484 23,450 SH Sole 23,450
CORP
FMC TECHNOLOGIES Common 30249U101 1,078 37,425 SH Sole 37,425
INC
FORD MTR CO DEL Common 345370860 501 32,000 SH Sole 32,000
FRIEDMANS INC Common 358438109 111 35,000 SH Sole 35,000
FRONTLINE LTD Common G3682E127 518 15,000 SH Sole 15,000
GARDNER DENVER INC Common 365558105 399 14,300 SH Sole 14,300
GENERAL CABLE CORP Common 369300108 405 47,425 SH Sole 47,425
DEL NEW
GENERAL ELEC CO Common 369604103 755 23,300 SH Sole 23,300
GENERAL MARITIME Common Y2692M103 768 28,000 SH Sole 28,000
CORP
GENESIS HEALTHCARE Common 37184D101 11,227 386,600 SH Sole 386,600
CORP
GLAMIS GOLD LTD Common 376775102 1,402 80,000 SH Sole 80,000
GLAXOSMITHKLINE Common 37733W105 829 20,000 SH Sole 20,000
PLC-ADR
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TOTAL $ 20,726
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Page 8 of 17 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
GLENBOROUGH RLTY TR Common 37803P105 191 10,400 SH Sole 10,400
INC
GLIMCHER RLTY TR Common 379302102 281 12,700 SH Sole 12,700
HEALTH NET INC Common 42222G108 1,183 44,625 SH Sole 44,625
HEINZ H J CO Common 423074103 784 20,000 SH Sole 20,000
HEWLETT PACKARD CO Common 428236103 1,050 49,750 SH Sole 49,750
HONDA MOTOR LTD Common 438128308 1,282 52,700 SH Sole 52,700
INTERNATIONAL GAME Common 459902102 2,123 55,000 SH Sole 55,000
TECHNOLOGY
INTERSTATE BAKERIES Common 46072H108 254 23,375 SH Sole 23,375
CORP DEL
IONICS INC Common 462218108 523 18,500 SH Sole 18,500
IPC HLDGS LTD Common G4933P101 1,506 40,775 SH Sole 40,775
KENNAMETAL INC Common 489170100 231 5,050 SH Sole 5,050
KRISPY KREME Common 501014104 191 10,000 SH Sole 10,000
DOUGHNUTS INC
LABORATORY CORP Common 50540R409 397 10,000 SH Sole 10,000
AMER HLDGS
LEAR CORP Common 521865105 1,035 17,550 SH Sole 17,550
LIBERTY MEDIA CORP Common 530718105 4,417 491,300 SH Sole 491,300
NEW
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TOTAL $ 15,448
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Page 9 of 17 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
LIBERTY MEDIA INTL Common 530719103 577 15,565 SH Sole 15,565
INC-A
LINCOLN NATL CORP Common 534187109 1,890 40,000 SH Sole 40,000
IND
LOCKHEED MARTIN Common 539830109 687 13,200 SH Sole 13,200
CORP
MARSH & MCLENNAN Common 571748102 386 8,500 SH Sole 8,500
COS INC
MAXTOR CORP Common 577729205 4,433 668,700 SH Sole 668,700
MBIA INC Common 55262C100 547 9,575 SH Sole 9,575
MEDIACOM Common 58446K105 782 100,000 SH Sole 100,000
COMMUNICATIONS CORP
METHANEX CORP Common 59151K108 393 29,700 SH Sole 29,700
METLIFE INC Common 59156R108 1,412 39,375 SH Sole 39,375
MICROSOFT CORP Common 594918104 16,705 584,900 SH Sole 584,900
MILACRON INC Common 598709103 126 31,500 SH Sole 31,500
MIRAMAR MINING CORP Common 60466E100 278 240,000 SH Sole 240,000
MORGAN STANLEY ASIA Common 61744U106 340 30,200 SH Sole 30,200
PAC FD INC
MULTIMEDIA GAMES Common 625453105 1,915 71,400 SH Sole 71,400
INC
NACCO INDS INC Common 629579103 290 3,050 SH Sole 3,050
------------
TOTAL $ 30,761
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Page 10 of 17 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
NCI BUILDING SYS Common 628852105 443 13,625 SH Sole 13,625
INC
NEWELL RUBBERMAID Common 651229106 1,410 60,000 SH Sole 60,000
INC
NEWS CORP LTD Common 652487703 3,542 100,000 SH Sole 100,000
NEWS CORP LTD Common 652487802 3,817 116,107 SH Sole 116,107
NISOURCE INC Common 65473P105 1,742 84,500 SH Sole 84,500
NOBLE CORPORATION Common G65422100 2,273 60,000 SH Sole 60,000
NORTHERN TR CORP Common 665859104 651 15,400 SH Sole 15,400
NUCOR CORP Common 670346105 576 7,500 SH Sole 7,500
OHIO CAS CORP Common 677240103 337 16,725 SH Sole 16,725
OLD REP INTL CORP Common 680223104 2,100 88,550 SH Sole 88,550
PAPA JOHNS INTL INC Common 698813102 290 9,825 SH Sole 9,825
PAYLESS SHOESOURCE Common 704379106 977 65,550 SH Sole 65,550
INC
PFIZER INC Common 717081103 806 23,500 SH Sole 23,500
PG&E CORP Common 69331C108 1,741 62,300 SH Sole 62,300
PIONEER NAT RES CO Common 723787107 912 26,000 SH Sole 26,000
PLACER DOME INC Common 725906101 6,067 364,600 SH Sole 364,600
------------
TOTAL $ 27,684
------------
Page 11 of 17 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
PNM RES INC Common 69349H107 293 14,100 SH Sole 14,100
PPL CORP Common 69351T106 1,097 23,900 SH Sole 23,900
PROTECTIVE LIFE Common 743674103 579 14,975 SH Sole 14,975
CORP
PULTE HOMES INC Common 745867101 4,683 90,000 SH Sole 90,000
R H DONNELLEY CORP Common 74955W307 421 9,625 SH Sole 9,625
RADIAN GROUP INC Common 750236101 501 10,450 SH Sole 10,450
RAYTHEON CO Common 755111507 4,829 135,000 SH Sole 135,000
RENAISSANCE RE Common G7496G103 2,590 48,000 SH Sole 48,000
HLDGS LTD
SANDISK CORP Common 80004C101 1,735 80,000 SH Sole 80,000
SARA LEE CORP Common 803111103 3,557 154,725 SH Sole 154,725
SCANA CORP NEW Common 80589M102 1,215 33,400 SH Sole 33,400
SCHLUMBERGER LTD Common 806857108 1,905 30,000 SH Sole 30,000
SCHWEITZER-MAUDUIT Common 808541106 216 7,050 SH Sole 7,050
INTL INC
SONIC AUTOMOTIVE Common 83545G102 1,108 50,000 SH Sole 50,000
INC
SPHERION CORP Common 848420105 395 39,000 SH Sole 39,000
SPRINT CORP Common 852061100 5,314 301,950 SH Sole 301,950
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TOTAL $ 30,438
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Page 12 of 17 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
ST PAUL TRAVELERS Common 792860108 1,757 43,340 SH Sole 43,340
INC
STEEL DYNAMICS INC Common 858119100 487 17,000 SH Sole 17,000
SUNTERRA CORP Common 86787D208 1,386 110,000 SH Sole 110,000
TEJON RANCH CO DEL Common 879080109 310 8,900 SH Sole 8,900
TEXTRON INC Common 883203101 463 7,800 SH Sole 7,800
THORATEC CORP Common 885175307 4,189 390,000 SH Sole 390,000
TIME WARNER INC Common 887317105 3,516 200,000 SH Sole 200,000
TORCHMARK CORP Common 891027104 779 14,475 SH Sole 14,475
TRANSOCEAN INC Common G90078109 8,682 300,000 SH Sole 300,000
TRINITY INDS INC Common 896522109 315 9,900 SH Sole 9,900
TXU CORP Common 873168108 6,077 150,000 SH Sole 150,000
UNION PAC CORP Common 907818108 1,066 17,925 SH Sole 17,925
UNITED NATL GROUP Common 91103X102 219 14,400 SH Sole 14,400
LTD
UNIVERSAL CORP VA Common 913456109 323 6,350 SH Sole 6,350
UNOCAL CORP Common 915289102 1,110 29,200 SH Sole 29,200
USF CORP Common 91729Q101 301 8,575 SH Sole 8,575
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TOTAL $ 30,980
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Page 13 of 17 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
VALASSIS Common 918866104 259 8,500 SH Sole 8,500
COMMUNICATIONS INC
VALERO ENERGY CORP Common 91913Y100 2,582 35,000 SH Sole 35,000
NEW
VERIZON Common 92343V104 405 11,200 SH Sole 11,200
COMMUNICATIONS
VIAD CORP Common 92552R406 381 14,107 SH Sole 14,107
VINTAGE PETE INC Common 927460105 424 25,000 SH Sole 25,000
VODAFONE GROUP PLC Common 92857W100 3,934 178,000 SH Sole 178,000
NEW
WASHINGTON MUT INC Common 939322103 1,240 32,100 SH Sole 32,100
WESTERN DIGITAL Common 958102105 4,287 495,000 SH Sole 495,000
CORP
WHIRLPOOL CORP Common 963320106 1,281 18,675 SH Sole 18,675
WILLIAMS COS INC Common 969457100 1,417 119,100 SH Sole 119,100
DEL
WISCONSIN ENERGY Common 976657106 1,332 40,850 SH Sole 40,850
CORP
XCEL ENERGY INC Common 98389B100 825 49,400 SH Sole 49,400
XL CAP LTD Common G98255105 666 8,825 SH Sole 8,825
YORK INTL CORP NEW Common 986670107 286 6,975 SH Sole 6,975
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TOTAL $ 19,319
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Page 14 of 17 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
AES CORP Common 00130H905 199 20,000 SH Call Sole 20,000
AES CORP Common 00130H955 993 100,000 SH Put Sole 100,000
AMERADA HESS CORP Common 023551954 6,335 80,000 SH Put Sole 80,000
BARRICK GOLD CORP Common 067901908 16,590 840,000 SH Call Sole 840,000
CAREER EDUCATION Common 141665909 911 20,000 SH Call Sole 20,000
CORP
CENDANT CORP Common 151313953 4,211 172,000 SH Put Sole 172,000
D R HORTON INC Common 23331A959 1,420 50,000 SH Put Sole 50,000
DISNEY WALT CO Common 254687956 5,608 220,000 SH Put Sole 220,000
GLAMIS GOLD LTD Common 376775902 701 40,000 SH Call Sole 40,000
KRISPY KREME Common 501014904 191 10,000 SH Call Sole 10,000
DOUGHNUTS INC
KRISPY KREME Common 501014954 382 20,000 SH Put Sole 20,000
DOUGHNUTS INC
MARVEL ENTERPRISES Common 57383M908 390 20,000 SH Call Sole 20,000
INC
MAXTOR CORP Common 577729905 398 60,000 SH Call Sole 60,000
MEDTRONIC INC Common 585055956 3,898 80,000 SH Put Sole 80,000
MICROSOFT CORP Common 594918954 14,851 520,000 SH Put Sole 520,000
MONSANTO CO NEW Common 61166W951 3,850 100,000 SH Put Sole 100,000
------------
TOTAL $ 60,928
------------
Page 15 of 17 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
MULTIMEDIA GAMES Common 625453905 536 20,000 SH Call Sole 20,000
INC
NETFLIX COM INC Common 64110L956 720 20,000 SH Put Sole 20,000
NEWELL RUBBERMAID Common 651229956 1,410 60,000 SH Put Sole 60,000
INC
PHELPS DODGE CORP Common 717265952 20,153 260,000 SH Put Sole 260,000
PLACER DOME INC Common 725906901 7,155 430,000 SH Call Sole 430,000
PLACER DOME INC Common 725906951 1,664 100,000 SH Put Sole 100,000
SANDISK CORP Common 80004C951 1,735 80,000 SH Put Sole 80,000
SARA LEE CORP Common 803111953 1,379 60,000 SH Put Sole 60,000
SEARS ROEBUCK & CO Common 812387958 2,266 60,000 SH Put Sole 60,000
SUNOCO INC Common 86764P909 5,090 80,000 SH Call Sole 80,000
THORATEC CORP Common 885175957 430 40,000 SH Put Sole 40,000
UNION PAC CORP Common 907818908 5,945 100,000 SH Call Sole 100,000
UNITED STATES STL Common 912909908 702 20,000 SH Call Sole 20,000
CORP NEW
UNITED STATES STL Common 912909958 13,346 380,000 SH Put Sole 380,000
CORP NEW
UNUMPROVIDENT CORP Common 91529Y956 6,360 400,000 SH Put Sole 400,000
------------
TOTAL $ 68,891
------------
Page 16 of 17 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
----------
TOTAL $ 0
----------
AGGREGATE TOTAL $ 8,994,120
==========
Page 17 of 17 Pages