13F Insight
DOSSIER · 13F-HR · Q2 2026

CNA FINANCIAL CORP

$239M in tracked AUM across 18 positions as of Q2 2026.

CF
CIK 0000021175 · last filed Jun 30, 2026
Total AUM
$239M
as of Q2 2026
Holdings
18
—
positions
Whale Score
66
66
tracked
Activity
—
no data
changes this Q
AI Analysis · Q2 2026

1. Portfolio Overview

CNA Financial Corp’s Q3 2025 13F filing reveals a period of substantial consolidation and portfolio contraction. The total portfolio value decreased sharply by 48.3%, dropping from $194.90 million to $100.78 million. This drastic reduction in assets under management (AUM) was driven primarily by active deleveraging—specifically the liquidation of six large positions—rather than solely by market depreciation. The firm has shifted from a broader portfolio to a highly con...

The portfolio is currently evenly distributed among its top assets, with no single position exceeding 15% of the total value. This indicates a defensive, "high-conviction" approach where capital is reserved only for the manager's strongest ideas. The turnover rate for this quarter was exceptionally high, with the firm completely exiting over $90 million worth of previous positions while reallocating modestly into existing and new financial services assets.

2. Key Holdings

Analysis generated by 13F Insight from SEC Form 13F filing data · Q2 2026. Methodology

Quarter at a glance — Q2 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q2 2026.

#HoldingValueSharesWeight
01
EPD
ENTERPRISE PRODS PARTNERS L
$33M900K13.8%02
ET
ENERGY TRANSFER L P
$19M1.0M8.0%03
COF
CAPITAL ONE FINL CORP
$16M80K6.7%04
GE
GE AEROSPACE
$15M40K6.3%05
LLY
ELI LILLY & CO
$14M12K6.0%06
DHR
DANAHER CORP DEL
$14M75K6.0%07
BN
BROOKFIELD CORP
$14M325K5.8%08
LNG
CHENIERE ENERGY INC
$13M56K5.6%09
M22465104
CHECK POINT SOFTWARE TECH LT
$13M100K5.5%10
META
META PLATFORMS INC
$13M23K5.4%

Filing history

2026Q2Jun 30
$239M▲ 1.6%
18 positionsView →2026Q1Mar 31
$235M▲ 14.3%
15 positionsView →2025Q4Dec 31
$206M▲ 104.2%
14 positionsView →2025Q3Sep 30
$101M▼ 48.3%
9 positionsView →2025Q2Jun 30
$195M▲ 88.5%
14 positionsLocked2025Q1Mar 31
$103M▼ 35.9%
10 positionsLocked2024Q4Dec 31
$161M▼ 8.0%
14 positionsLocked2024Q3Sep 30
$175M▼ 1.9%
12 positionsLocked2024Q2Jun 30
$179M▼ 10.6%
13 positionsLocked2024Q1Mar 31
$200M▲ 31.3%
16 positionsLocked2023Q4Dec 31
$152M▼ 14.6%
15 positionsLocked2023Q3Sep 30
$178M▲ 7.1%
15 positionsLocked
Showing 12 of 56