FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 2000
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:
February 12, 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/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x1000)MANAGERS PRN AMT PRN CALL DSCRETN SOLE SHRED NONE
-----------------------------------------------------------------------------------------------------------------------------------
ACME COMMUNICATIONS INC COM 004631107 6,155.7 2,3 674,595.0 SH DEFINED 674,595 0 0
ADELPHIA COMM-CL A CL A 006848105 10,325.0 2,3 200,000.0 SH DEFINED 200,000 0 0
ADVANCED ENERGY INDUSTRIES COM 007973100 1,362.8 1,3 60,570.0 SH DEFINED 60,570 0 0
ADVANTICA RESTAURANT GROUP COM 00758B109 2,015.7 2,3 3,225,087.0 SH DEFINED 3,225,087 0 0
AFFIL COMPUTER SB NT CV 4%05 008190AD2 7,144.9 1,3 4,720,000.0 PRN DEFINED
AFFILIATED COMPUTER SVCS-A CL A 008190100 5,249.4 1,3 86,500.0 SH DEFINED 86,500 0 0
AGCO CORP COM 001084102 2,152.2 2,3 177,500.0 SH DEFINED 177,500 0 0
AGILENT TECHNOLOGIES INC COM 00846U101 1,095.0 1,3 20,000.0 SH DEFINED 20,000 0 0
AGNICO-EAGLE MINES LTD COM 008474108 1,440.0 2,3 240,000.0 SH DEFINED 240,000 0 0
ALCOA INC COM 013817101 7,571.0 1,3 226,000.0 SH DEFINED 226,000 0 0
ALLERGAN INC COM 018490102 3,281.9 1,2,3 33,900.0 SH DEFINED 33,900 0 0
ALLERGAN INC LYON ZERO 144A20 018490AB8 6,210.0 1,2,3 9,000,000.0 PRN DEFINED
ALLIN COMMUNICATIONS CORP COM 019924109 425.0 2,3 340,000.0 SH DEFINED 340,000 0 0
ALLTEL CORP COM 020039103 6,296.9 2,3,4 100,852.0 SH DEFINED 100,852 0 0
AMBAC FINANCIAL GROUP INC COM 023139108 5,248.1 2,3 90,000.0 SH DEFINED 90,000 0 0
AMERADA HESS COM 023551104 9,132.8 2,3 125,000.0 SH DEFINED 125,000 0 0
AMERICA ONLINE INC COM 02364J104 2,192.4 1,3 63,000.0 SH DEFINED 63,000 0 0
AMERICA WEST HOLDINGS CL B 023657208 272.6 1,3 21,278.0 SH DEFINED 21,278 0 0
AMERICAN BUSINESS FINL SVCS COM 02476B106 145.5 2,3 25,042.0 SH DEFINED 25,042 0 0
AMERICAN CAPITAL STRATEGIES COM 024937104 4,092.9 2,3 162,500.0 SH DEFINED 162,500 0 0
AMERICAN EXPRESS COM 025816109 4,669.7 1,3 85,000.0 SH DEFINED 85,000 0 0
AMERICAN INTL GROUP INC COM 026874107 1,349.3 2,3 13,690.0 SH DEFINED 13,690 0 0
AMERICAN TOWER NT CV 144A 5%10 029912AE2 880.0 1,3 960,000.0 PRN DEFINED
AMERICAN TOWER NT CONV 5%10 029912AF9 1,320.0 1,3 1,440,000.0 PRN DEFINED
AMR CORP COM 001765106 3,135.0 2,3 80,000.0 SH DEFINED 80,000 0 0
ANADARKO PETROLEUM CORP COM 032511107 8,334.1 2,3 117,250.0 SH DEFINED 117,250 0 0
ANHEUSER BUSCH CO COM 035229103 1,597.1 2,3 35,100.0 SH DEFINED 35,100 0 0
ANTEC CORP COM 03664P105 316.2 3 40,000.0 SH DEFINED 40,000 0 0
ANTEC CORP SB NT CV 144A 03 03664PAA3 1,186.9 2,3 2,250,000.0 PRN DEFINED
AON CORP COM 037389103 17,638.8 2,3 515,000.0 SH DEFINED 515,000 0 0
APPLIED MATERIALS INC. COM 038222105 3,627.8 1,3 95,000.0 SH DEFINED 95,000 0 0
ARCHER DANIELS COM 039483102 11,688.5 2,3 779,231.0 SH DEFINED 779,231 0 0
ARGUSS COMMUNICATIONS INC COM 040282105 5,184.9 2,3 568,212.0 SH DEFINED 568,212 0 0
AT & T CORPORATION COM 001957109 11,153.2 2,3,4 646,565.0 SH DEFINED 646,565 0 0
AT HOME CORP SB DB CV 0.525%18 045919AC1 2,117.5 2,3 7,000,000.0 PRN DEFINED
AT HOME CORP SUB NT CV 4.75%06 045919AF4 10,378.1 1,2,3 20,500,000.0 PRN DEFINED
AT HOME CORP -SER A COM SER A 045919107 1,659.3 2,3 300,000.0 SH DEFINED 300,000 0 0
BANK ONE CORP COM 06423A103 457.8 2,3 12,500.0 SH DEFINED 12,500 0 0
BAYCORP HOLDINGS LTD COM 072728108 2,560.2 1,3 386,442.0 SH DEFINED 386,442 0 0
BEAR STEARNS COMPANIES INC COM 073902108 3,548.1 2,3 70,000.0 SH DEFINED 70,000 0 0
BELO CORPORATION COM SER A 080555105 3,200.0 2,3 200,000.0 SH DEFINED 200,000 0 0
BEVERLY ENTERPRISES INC COM NEW 087851309 6,221.3 2,3 759,900.0 SH DEFINED 759,900 0 0
BOEING COMPANY COM 097023105 6,600.0 2,3 100,000.0 SH DEFINED 100,000 0 0
BOWATER INC COM 102183100 2,920.2 2,3 51,800.0 SH DEFINED 51,800 0 0
BRIGGS & STRATTON CORP COM 109043109 257.4 2,3 5,800.0 SH DEFINED 5,800 0 0
BUCKHEAD AMERICA CORP COM 11835A105 78.2 2,3 21,579.0 SH DEFINED 21,579 0 0
BURLINGTON NORTHERN SANTA FECOM 12189T104 2,010.2 2,3 71,000.0 SH DEFINED 71,000 0 0
BURLINGTON RESOURCES INC COM 122014103 10,605.0 2,3 210,000.0 SH DEFINED 210,000 0 0
CABOT OIL & GAS CORP -CL A CL A 127097103 1,094.7 2,3 35,100.0 SH DEFINED 35,100 0 0
CALPINE CORPORATION COM 131347106 5,855.0 1,2,3 126,800.0 SH DEFINED 126,800 0 0
CANADIAN NATL RAILWAY CO COM 136375102 6.6 1,3 224.0 SH DEFINED 224 0 0
CAPITAL ONE FINANCIAL CORP COM 14040H105 3,290.6 2,3 50,000.0 SH DEFINED 50,000 0 0
CARDINAL HEALTH INC. COM 14149Y108 5,940.1 1,3 59,625.0 SH DEFINED 59,625 0 0
CATELLUS DEVELOPMENT CORP COM 149111106 1,885.2 2,3 107,724.0 SH DEFINED 107,724 0 0
CELESTICA INC SUB VTG SHS 15101Q108 24,412.5 1,2,3 450,000.0 SH DEFINED 450,000 0 0
CELESTICA INC LYON ZERO 20 15101QAA6 57,638.3 1,2,3 134,380,000.0 PRN DEFINED
CENTRAL VERMONT PUB SERV COM 155771108 990.8 2,3 81,300.0 SH DEFINED 81,300 0 0
CH ENERGY GROUP INC. COM 12541M102 1,136.7 2,3 25,400.0 SH DEFINED 25,400 0 0
CISCO SYSTEMS INC COM 17275R102 5,737.5 1,3 150,000.0 SH DEFINED 150,000 0 0
CITIGROUP INC COM 172967101 5,514.8 1,3 108,000.0 SH DEFINED 108,000 0 0
CLEAR CHANNEL COMMUNICATIONSCOM 184502102 6,828.5 1,2,3 140,000.0 SH DEFINED 140,000 0 0
CLOROX CO COM 189054109 2,840.0 2,3 80,000.0 SH DEFINED 80,000 0 0
CNA INCOME SHARES INC COM 126119106 936.5 2,3 137,472.8 SH DEFINED 137,473 0 0
CNA SURETY CORPORATION COM 12612L108 390,808.3 2,3,4 27,425,147.0 SH DEFINED 27,425,147 0 0
COLT TELECOM GRP-SPONS ADR SPONSORED ADR 196877104 263.3 2,3 3,000.0 SH DEFINED 3,000 0 0
COMCAST CORP CL A SPL CL A SPL 200300200 5,010.0 1,3 120,000.0 SH DEFINED 120,000 0 0
COMMUNICATION INTELLIGENCE COM 20338K106 680.5 3 660,000.0 SH DEFINED 660,000 0 0
CONECTIV COM 206829103 766.4 2,3 38,200.0 SH DEFINED 38,200 0 0
CONOCO INC-CL A CL A 208251306 4,007.5 2,3 140,000.0 SH DEFINED 140,000 0 0
CONSOLIDATED FREIGHTWAYS CRPCOM 209232107 669.5 2,3 159,900.0 SH DEFINED 159,900 0 0
CONSTELLATION ENERGY GROUP COM 210371100 6,461.9 2,3 143,400.0 SH DEFINED 143,400 0 0
CONVERGYS CORP COM 212485106 453.1 3 10,000.0 SH DEFINED 10,000 0 0
CORN PRODUCTS INTL INC COM 219023108 3,763.5 2,3 129,500.0 SH DEFINED 129,500 0 0
CORNING INC. COM 219350105 6,824.0 1,2,3 124,600.0 SH DEFINED 124,600 0 0
CYANOTECH CORP NEW COM NEW 232437202 472.6 3,4 605,155.0 SH DEFINED 605,155 0 0
CYPRESS SEMICON SUB NT CV 4%05 232806AE9 3,172.4 1,3 4,100,000.0 PRN DEFINED
CYPRESS SEMICONDUCTOR CORP COM 232806109 1,309.2 1,3 66,500.0 SH DEFINED 66,500 0 0
D.R. HORTON INC COM 23331A109 3,543.4 2,3 145,000.0 SH DEFINED 145,000 0 0
DEAN FOODS CO COM 242361103 1,169.2 2,3 38,100.0 SH DEFINED 38,100 0 0
DEERE & CO COM 244199105 3,206.8 2,3 70,000.0 SH DEFINED 70,000 0 0
DEL MONTE FOODS CO COM 24522P103 1,771.9 2,3 244,400.0 SH DEFINED 244,400 0 0
DELPHI AUTOMOTIVE SYSTEMS COM 247126105 1,431.0 2,3 127,200.0 SH DEFINED 127,200 0 0
DELPHI FINANCIAL GROUP-CL A CL A 247131105 4,235.0 2,3 110,000.0 SH DEFINED 110,000 0 0
DELTA AIR INC COM 247361108 4,050.1 2,3 80,700.0 SH DEFINED 80,700 0 0
DOLLAR THRIFTY AUTOMOTIVE GPCOM 256743105 2,156.3 3 115,000.0 SH DEFINED 115,000 0 0
DOW CHEMICAL CORP COM 260543103 4,028.8 2,3 110,000.0 SH DEFINED 110,000 0 0
DU PONT DE NEMOURS E.I. COM 263534109 1,449.4 2,3 30,000.0 SH DEFINED 30,000 0 0
EAST-WEST BANCORP INC. COM 27579R104 31,921.9 2,3 1,280,100.0 SH DEFINED 1,280,100 0 0
ECHOSTAR COMM SUB NT CV 144A07 278762AB5 975.0 1,3 1,300,000.0 PRN DEFINED
ECHOSTAR COMMUNICATIONS - A CL A 278762109 501.2 1,3 22,030.0 SH DEFINED 22,030 0 0
EDISON INTL COM STK COM 281020107 531.3 2,3 34,000.0 SH DEFINED 34,000 0 0
EMC CORPORATION COM 268648102 4,415.6 1,3 66,400.0 SH DEFINED 66,400 0 0
EMERSON ELECTRIC COMPANY COM 291011104 3,861.8 1,3 49,000.0 SH DEFINED 49,000 0 0
ENCOMPASS SERVICES CORP COM 29255U104 346.2 2,3 68,397.0 SH DEFINED 68,397 0 0
ENERGY EAST CORPORATION COM 29266M109 2,370.3 2,3 120,400.0 SH DEFINED 120,400 0 0
ENGEL GENERAL DEVELOPERS ORD M40515104 465.0 2,3 120,000.0 SH DEFINED 120,000 0 0
ENRON CORP COM 293561106 9,975.0 1,3 120,000.0 SH DEFINED 120,000 0 0
EQUANT NV-NY REGISTERED SHR NY REG SHS 294409107 1,433.4 1,3 55,000.0 SH DEFINED 55,000 0 0
ERICSSON (LM) TEL-SP ADR ADR CL B SEK10 294821400 167.8 3 15,000.0 SH DEFINED 15,000 0 0
ESTEE LAUDER COMPANIES CL A 518439104 43.8 2,3 1,000.0 SH DEFINED 1,000 0 0
EXCITE@HOME SB NT CV 144A 06 045919AD9 10,378.1 1,2,3 20,500,000.0 PRN DEFINED
EXIGENT INTERNATIONAL INC COM 302056106 0.2 1,3 125.0 SH DEFINED 125 0 0
EXODUS COMMUNICATIONS INC COM 302088109 40.0 2,3 2,000.0 SH DEFINED 2,000 0 0
FEDERAL HM LOAN MORT CORP COM 313400301 3,168.3 1,3 46,000.0 SH DEFINED 46,000 0 0
FEDERATED DEPART STORES INC COM 31410H101 913.5 2,3 26,100.0 SH DEFINED 26,100 0 0
FIRST DATA CORP COM 319963104 3,951.6 1,3 75,000.0 SH DEFINED 75,000 0 0
FIRST UNION CORP COM 337358105 2,781.2 2,3 100,000.0 SH DEFINED 100,000 0 0
FORD MOTOR COMPANY COM PAR .01 345370860 7,302.1 2,3 311,564.0 SH DEFINED 311,564 0 0
FOX ENTERTAINMENT GRP INC-A CL A 35138T107 893.8 2,3 50,000.0 SH DEFINED 50,000 0 0
FPL GROUP COM 302571104 3,946.3 2,3 55,000.0 SH DEFINED 55,000 0 0
FRIEDMAN BILLINGS RAMSEY-A CL A 358433100 334.7 2,3 51,000.0 SH DEFINED 51,000 0 0
GEN SEMICONDUCTR SUB NT CV5.75%06 370787AB9 642.5 1,3 1,000,000.0 PRN DEFINED
GENENTECH INC COM NEW 368710406 2,363.5 1,3 29,000.0 SH DEFINED 29,000 0 0
GENERAL COMMUNICATION-CL A CL A 369385109 55.4 1,3 7,913.0 SH DEFINED 7,913 0 0
GENERAL ELECTRIC CO COM 369604103 6,183.9 1,3 129,000.0 SH DEFINED 129,000 0 0
GENERAL MOTORS CORP COM 370442105 3,950.8 2,3 77,563.0 SH DEFINED 77,563 0 0
GENERAL MOTORS CORP CLASS H CL H NEW 370442832 5,957.0 1,2,3 259,000.0 SH DEFINED 259,000 0 0
GENERAL SEMICONDUCTOR INC COM 370787103 268.1 1,3 42,900.0 SH DEFINED 42,900 0 0
GENZYME CORP - GENL DIV COM GENL DIV 372917104 5,594.1 1,3 62,200.0 SH DEFINED 62,200 0 0
GENZYME SURGICAL PRODUCTS COM SURG PRODS 372917609 78.1 1,3 11,150.0 SH DEFINED 11,150 0 0
GENZYME-MOLECULAR ONCOLOGY COM-MOLECULAR 372917500 61.6 1,3 6,700.0 SH DEFINED 6,700 0 0
GEORGIA-PACIFIC CORPORATION COM GA PAC GRP 373298108 3,797.3 2,3 122,000.0 SH DEFINED 122,000 0 0
GILLETTE CO. COM 375766102 2,673.3 1,3 74,000.0 SH DEFINED 74,000 0 0
GLAMIS GOLD LTD SV COM 376775102 1,126.6 2,3 721,240.0 SH DEFINED 721,240 0 0
GLOBAL CROSSING LTD COM G3921A100 276,834.6 2,3 19,342,157.0 SH DEFINED 19,342,157 0 0
GOLD STANDARD INC COM PAR .001 380724302 77.6 2,3 82,812.5 SH DEFINED 82,813 0 0
GRAPHIC PACKAGING INTL CORP COM 388690109 0.0 3,4 2.0 SH DEFINED 2 0 0
GULF CANADA RES LTD -ORD ORD 40218L305 3,904.8 2,3 771,400.0 SH DEFINED 771,400 0 0
HAIN CELESTIAL GROUP INC COM 405217100 1,462.5 1,3 45,000.0 SH DEFINED 45,000 0 0
HAYES LEMMERZ INTL INC COM COM 420781106 1,902.5 3 284,500.0 SH DEFINED 284,500 0 0
HEALTH CARE PPTYS INVEST COM 421915109 1,912.0 2,3 64,000.0 SH DEFINED 64,000 0 0
HEALTHCARE REALTY TRUST COM 421946104 4,698.4 2,3 221,100.0 SH DEFINED 221,100 0 0
HEALTHSOUTH CORP SB DB CV 3.25%03 421924AF8 4,412.5 2,3 5,000,000.0 PRN DEFINED
HEALTHSOUTH CORP. COM 421924101 8,164.2 2,3 500,500.0 SH DEFINED 500,500 0 0
HEARST-ARGYLE TELEVISION COM 422317107 4,902.8 2,3 239,900.0 SH DEFINED 239,900 0 0
HERCULES INC COM 427056106 1,525.0 2,3 80,000.0 SH DEFINED 80,000 0 0
HILTON HOTELS CORP COM 432848109 6,352.5 2,3 605,000.0 SH DEFINED 605,000 0 0
HOME DEPOT COM 437076102 456.9 3 10,000.0 SH DEFINED 10,000 0 0
HOMESTAKE MINING CO COM 437614100 1,256.1 2,3 300,000.0 SH DEFINED 300,000 0 0
HORIZON GROUP PROPERTIES COM 44041U102 2.0 2,3 630.0 SH DEFINED 630 0 0
HOUSEHOLD INTL INC COM 441815107 15,840.0 2,3 288,000.0 SH DEFINED 288,000 0 0
IKON MBIA INC. COM 55262C100 2,965.0 2,3 40,000.0 SH DEFINED 40,000 0 0
IMC GLOBAL INC COM 449669100 1,038.0 2,3 66,700.0 SH DEFINED 66,700 0 0
INGERSOLL RAND CO COM 456866102 5,527.5 2,3 132,000.0 SH DEFINED 132,000 0 0
INSWEB CORPORATION COM 45809K103 1,197.8 2,3 1,368,967.0 SH DEFINED 1,368,967 0 0
INTEL CORP COM 458140100 2,093.3 1,3 69,200.0 SH DEFINED 69,200 0 0
INTERNATIONAL BUSINESS MACH COM 459200101 19,414.0 1,2,3 228,400.0 SH DEFINED 228,400 0 0
INTERNATIONAL PAPER CO. COM 460146103 4,081.2 2,3 100,000.0 SH DEFINED 100,000 0 0
INTERSTATE BAKERIES COM 46072H108 2,801.2 2,3 199,200.0 SH DEFINED 199,200 0 0
INTL RECTIFIER SUB NT CV 144A07 460254AD7 3,112.2 1,3 4,680,000.0 PRN DEFINED
INTL RECTIFIER CORP COM 460254105 1,338.0 1,3 44,600.0 SH DEFINED 44,600 0 0
IVAX CORP COM 465823102 3,657.7 1,3 95,500.0 SH DEFINED 95,500 0 0
IVAX CORP SR SUB CV 144A07 465823AB8 5,380.4 1,3 4,300,000.0 PRN DEFINED
JOHNSON & JOHNSON COM 478160104 4,011.7 1,3 38,184.0 SH DEFINED 38,184 0 0
JPS INDUSTRIES INC COM 46624E405 1,991.4 2,3 419,243.0 SH DEFINED 419,243 0 0
KEYSPAN CORPORATION COM 49337W100 2,754.4 2,3 65,000.0 SH DEFINED 65,000 0 0
KINROSS GOLD CORP COM 496902107 1,134.8 2,3 2,100,000.0 SH DEFINED 2,100,000 0 0
KOHLS CORP COM 500255104 6,819.8 1,2,3 111,800.0 SH DEFINED 111,800 0 0
KROGER COMPANY COM 501044101 12,968.4 1,2,3 479,200.0 SH DEFINED 479,200 0 0
KULICKE & SOFFA SUB NT CV4.75%06 501242AE1 2,509.9 1,3 3,450,000.0 PRN DEFINED
KULICKE & SOFFA INDUSTRIES COM 501242101 696.4 1,3 61,900.0 SH DEFINED 61,900 0 0
L-3 COMM HLDGS SR SB CV 144A 09 502424AA2 4,441.8 1,3 4,000,000.0 PRN DEFINED
L-3 COMMUNICATIONS CORP COM 502424104 2,525.6 1,3 32,800.0 SH DEFINED 32,800 0 0
LAM RESEARCH CORP COM 512807108 1,289.1 1,3 88,900.0 SH DEFINED 88,900 0 0
LAMAR ADVERTISIN NT CV 5.25%06 512815AF8 2,520.4 1,3 2,450,000.0 PRN DEFINED
LAMAR ADVERTISING CO CL A 512815101 1,566.9 1,3 40,600.0 SH DEFINED 40,600 0 0
LATTICE SEMICOND SUB NT CV 4.75%06 518415AC8 2,823.5 1,3 2,600,000.0 PRN DEFINED
LIBERTY MEDIA COM LIB GRP A 001957208 7,297.3 1,3 538,048.0 SH DEFINED 538,048 0 0
LIBERTY PROPERTY TRUST SH BEN INT 531172104 19,642.1 2,3 687,700.0 SH DEFINED 687,700 0 0
LIGHTSPAN INC COM 53226T103 10.8 1,3 7,500.0 SH DEFINED 7,500 0 0
LILLY (ELI) & CO. COM 532457108 3,517.8 1,3 37,800.0 SH DEFINED 37,800 0 0
LOCKHEED MARTIN CORP COM 539830109 4,753.0 2,3 140,000.0 SH DEFINED 140,000 0 0
LORAL SPACE & COMM COM G56462107 892.0 2,3 279,900.0 SH DEFINED 279,900 0 0
LSI CORP COM 502161102 2,594.3 1,3 151,800.0 SH DEFINED 151,800 0 0
LSI LOGIC SB NT CV 4.25%04 502161AD4 3,507.6 1,3 2,800,000.0 PRN DEFINED
LUBRIZOL CORP COM 549271104 3,154.4 2,3 122,500.0 SH DEFINED 122,500 0 0
LUCENT TECHNOLOGIES COM 549463107 2,092.5 2,3 155,000.0 SH DEFINED 155,000 0 0
MASTEC INC COM 576323109 200.0 3 10,000.0 SH DEFINED 10,000 0 0
MAY DEPARTMENT STORES CO COM 577778103 1,310.0 2,3 40,000.0 SH DEFINED 40,000 0 0
MCCORMICK & CO-NON VTG SHRS COM NON VTG 579780206 1,406.4 2,3 39,000.0 SH DEFINED 0 0 0
MCLEODUSA INC-CL A CL A 582266102 282.5 3 20,000.0 SH DEFINED 20,000 0 0
MEDICALOGIC/MEDSCAPE INC COM 584642102 4,415.9 2,3 1,910,000.0 SH DEFINED 1,910,000 0 0
MEDTRONIC INC COM 585055106 6,641.3 1,3 110,000.0 SH DEFINED 110,000 0 0
MELLON FINANCIAL CORP COM 58551A108 4,328.5 1,3 88,000.0 SH DEFINED 88,000 0 0
MERCATOR SOFTWARE INC COM 587587106 403.1 2,3 75,000.0 SH DEFINED 75,000 0 0
MERCURY INTERACT SB NT CV 144A07 589405AA7 4,347.1 1,3 4,150,000.0 PRN DEFINED
MERCURY INTERACT SB NT CV 4.75%07 589405AB5 523.8 1,3 500,000.0 PRN DEFINED
MERCURY INTERACTIVE CORP COM 589405109 3,276.1 1,3 36,300.0 SH DEFINED 36,300 0 0
MICRON TECHNOLOGY INC COM 595112103 355.0 1,3 10,000.0 SH DEFINED 10,000 0 0
MICROSOFT CORP COM 594918104 2,088.0 1,3 48,000.0 SH DEFINED 48,000 0 0
MITCHELL ENERGY & DEV-CL A CL A 606592202 1,225.0 2,3 20,000.0 SH DEFINED 20,000 0 0
MOLEX - CLASS A NON-VOTING CL A 608554200 2,212.9 1,3 86,993.0 SH DEFINED 86,993 0 0
MOTOROLA INC COM 620076109 2,571.8 1,3 127,000.0 SH DEFINED 127,000 0 0
MSDW ASIA PACIFIC FUND COM 61744U106 2,661.7 2,3 306,400.0 SH DEFINED 306,400 0 0
MSDW INDIA INVESTMENT FUND COM 61745C105 995.6 2,3 90,000.0 SH DEFINED 90,000 0 0
MUNIYIELD QUALITY FUND COM 626302103 1,819.2 2,3 141,900.0 SH DEFINED 141,900 0 0
NATIONWIDE HEALTH PPTYS INC COM 638620104 794.4 2,3 61,700.0 SH DEFINED 61,700 0 0
NEIMAN MARCUS GROUP -CL B CL B 640204301 3,272.8 2,3 98,800.0 SH DEFINED 98,800 0 0
NETOPIA INC COM 64114K104 68.8 3,4 15,957.0 SH DEFINED 15,957 0 0
NEWHALL LND & FRMING CO-LP DEPOSITORY REC 651426108 1,627.5 2,3 70,000.0 SH DEFINED 70,000 0 0
NEWMONT MINING CORP COM 651639106 1,279.7 2,3 75,000.0 SH DEFINED 75,000 0 0
NEWS CORP LTD-SPONS ADR ADR NEW 652487703 4,876.2 2,3 151,200.0 SH DEFINED 151,200 0 0
NEWS CORP LTD-SPONS ADR PRF SP ADR PFD 652487802 15,402.9 2,3 530,000.0 SH DEFINED 530,000 0 0
NEXTEL COMMNS, INC CL A CL A 65332V103 493.1 1,3 19,925.0 SH DEFINED 19,925 0 0
NIAGARA MOHAWK HOLDINGS INC COM 653520106 4,450.4 2,3 266,700.0 SH DEFINED 266,700 0 0
NOKIA CORP -SPON ADR SPONSORED ADR 654902204 2,392.5 1,3 55,000.0 SH DEFINED 55,000 0 0
NORFOLK SOUTHERN CORP. COM 655844108 6,922.2 2,3 520,000.0 SH DEFINED 520,000 0 0
NORTH FORK BANCORPORATION COM 659424105 4,844.9 2,3 197,250.0 SH DEFINED 197,250 0 0
NORTHROP GRUMMAN CORP COM 666807102 2,490.0 2,3 30,000.0 SH DEFINED 30,000 0 0
OGE ENERGY CORP COM 670837103 1,937.9 2,3 79,300.0 SH DEFINED 79,300 0 0
ON COMMAND CORPORATION COM 682160106 3,084.2 2,3 352,480.0 SH DEFINED 352,480 0 0
ON COMMAND CORP CL B WTS WT B EX 100703 682160122 153.9 2,3 123,130.0 SH CALL DEFINED
OVERSEAS SHIPHOLDING GROUP COM 690368105 2,897.0 2,3 126,300.0 SH DEFINED 126,300 0 0
OWENS-ILL INC PFD CONV $.01 690768502 266.5 2,3 20,500.0 SH DEFINED 20,500 0 0
P G & E CORPORATION COM 69331C108 600.0 2,3 30,000.0 SH DEFINED 30,000 0 0
PACTIV CORPORATION COM 695257105 1,051.9 2,3 85,000.0 SH DEFINED 85,000 0 0
PALL CORP COM 696429307 1,598.4 2,3 75,000.0 SH DEFINED 75,000 0 0
PATHMARK STORES INC COM 70322A101 17,604.4 2,3 1,066,932.0 SH DEFINED 1,066,932 0 0
PENNEY (J.C.) CO. INC. COM 708160106 1,957.5 2,3 180,000.0 SH DEFINED 180,000 0 0
PEPSI BOTTLING GROUP INC COM 713409100 5,175.6 2,3 130,000.0 SH DEFINED 130,000 0 0
PEPSICO INCORPORATED COM 713448108 4,064.1 1,3 82,000.0 SH DEFINED 82,000 0 0
PFIZER INC COM 717081103 6,118.0 1,3 133,000.0 SH DEFINED 133,000 0 0
PHARMACIA CORPORATION COM 71713U102 4,880.0 1,3 80,000.0 SH DEFINED 80,000 0 0
PILGRIMS PRIDE CORP-CL B CL B 721467108 560.1 2,3 71,700.0 SH DEFINED 71,700 0 0
PITNEY-BOWES INC COM 724479100 1,656.3 3 50,000.0 SH DEFINED 50,000 0 0
PLACER DOME INC COM 725906101 6,067.1 2,3 630,352.0 SH DEFINED 630,352 0 0
PLC CAP TRUST II INCOME PRIDES 743674202 3,713.2 1,2,3 72,100.0 SH DEFINED 72,100 0 0
POTASH CORP SASKATCHEWAN COM 73755L107 4,534.3 2,3 57,900.0 SH DEFINED 57,900 0 0
POTOMAC ELECTRIC POWER COM 737679100 5,574.6 2,3 225,600.0 SH DEFINED 225,600 0 0
PRAXAIR INC COM 74005P104 2,573.8 2,3 58,000.0 SH DEFINED 58,000 0 0
PRIME HOSPITALITY CORP COM 741917108 946.0 2,3 81,375.0 SH DEFINED 81,375 0 0
PRIME RETAIL INC COM 741570105 5.9 2,3 12,600.0 SH DEFINED 12,600 0 0
PROTECTIVE LIFE CORP COM 743674103 3,134.7 1,2,3 97,200.0 SH DEFINED 97,200 0 0
QUALCOMM INC COM 747525103 1,232.8 1,3 15,000.0 SH DEFINED 15,000 0 0
QUANTA SERVICES SUB NT CONV 4%07 74762EAA0 3,928.8 1,3 4,680,000.0 PRN DEFINED
QUANTA SERVICES INC COM 74762E102 2,101.8 1,3 65,300.0 SH DEFINED 65,300 0 0
QWEST COMMUNICATIONS INTL COM 749121109 429.4 3,4 10,506.0 SH DEFINED 10,506 0 0
RADIO ONE INC CL A 75040P108 89.7 3,4 8,391.0 SH DEFINED 8,391 0 0
RADIO ONE INC -CL D CL D NON VTG 75040P405 184.6 3,4 16,782.0 SH DEFINED 16,782 0 0
RADIO UNICA COMMUNICATIONS COM 75040Q106 18.8 2,3 5,000.0 SH DEFINED 5,000 0 0
RADISYS CORP COM 750459109 1,273.1 1,3 49,200.0 SH DEFINED 49,200 0 0
RADISYS CORP SUB NT CV 144A07 750459AA7 1,812.0 1,3 2,730,000.0 PRN DEFINED
RATIONAL SOFTWAR SUB NT CV 144A07 75409PAA1 4,612.5 1,3 3,600,000.0 PRN DEFINED
RATIONAL SOFTWARE CORP COM NEW 75409P202 3,726.3 1,3 95,700.0 SH DEFINED 95,700 0 0
RAYTHEON CO. COM CL B 755111408 3,649.8 2,3 117,500.0 SH DEFINED 117,500 0 0
REPUBLIC SERVICES INC COM 760759100 584.4 2,3 34,000.0 SH DEFINED 34,000 0 0
RGS ENERGY GROUP INC COM 74956K104 2,429.5 2,3 74,900.0 SH DEFINED 74,900 0 0
RHYTHMS NETCONNECTIONS INC COM 762430205 5.6 2,3 5,000.0 SH DEFINED 5,000 0 0
ROCKWELL INTL CORP COM 773903109 5,076.8 2,3 106,600.0 SH DEFINED 106,600 0 0
ROLLINS TRUCK LEASING CORP COM 775741101 345.6 3 43,200.0 SH DEFINED 43,200 0 0
SAFEWAY INC COM NEW 786514208 5,000.0 1,3 80,000.0 SH DEFINED 80,000 0 0
SCANA CORP COM 80589M102 16,279.8 2,3 550,700.0 SH DEFINED 550,700 0 0
SCHERING PLOUGH COM 806605101 6,242.5 1,3 110,000.0 SH DEFINED 110,000 0 0
SCHLUMBERGER LIMITED COM 806857108 4,364.6 1,3 54,600.0 SH DEFINED 54,600 0 0
SCHULMAN (A.) INC COM 808194104 533.6 2,3 46,400.0 SH DEFINED 46,400 0 0
SCI SYSTEMS INC SUB NT CONV 3%07 783890AF3 3,283.7 1,3 4,150,000.0 PRN DEFINED
SCI SYSTEMS INC. COM 783890106 1,396.3 1,3 52,940.0 SH DEFINED 52,940 0 0
SEARS ROEBUCK & COMPANY COM 812387108 4,878.9 2,3 140,400.0 SH DEFINED 140,400 0 0
SEMTECH CORP COM 816850101 1,076.6 1,3 48,800.0 SH DEFINED 48,800 0 0
SEMTECH CORP SUB NT CV 4.5%07 816850AD3 1,791.0 1,3 2,400,000.0 PRN DEFINED
SHERWIN WILLIAMS CO COM 824348106 2,433.9 2,3 92,500.0 SH DEFINED 92,500 0 0
SHOPKO STORES INC COM 824911101 584.5 2,3 116,900.0 SH DEFINED 116,900 0 0
SIEBEL SYSTEMS INC COM 826170102 1,016.3 1,3 15,000.0 SH DEFINED 15,000 0 0
SIERRA PACIFIC RESOURCES COM 826428104 1,220.7 2,3 76,000.0 SH DEFINED 76,000 0 0
SIRIUS SATELLITE RADIO COM 82966U103 70,461.9 2,3 2,353,672.0 SH DEFINED 2,353,672 0 0
SOLECTRON CORP COM 834182107 52,523.3 1,2,3 1,565,400.0 SH DEFINED 1,565,400 0 0
SOLECTRON CORP SR LYON ZERO 20 834182AK3 64,543.8 1,2,3 115,000,000.0 PRN DEFINED
SOLECTRON CORP LYON ZERO CPN 20 834182AL1 80,125.7 1,2,3 156,410,000.0 PRN DEFINED
SONIC AUTOMOTIVE INC CL A 83545G102 687.5 3 100,000.0 SH DEFINED 100,000 0 0
SOUTHERN COMPANY COM 842587107 581.9 2,3 17,500.0 SH DEFINED 17,500 0 0
SPANISH BROADCSTNG SYS CLA CL A 846425882 1,224.0 2,3 244,800.0 SH DEFINED 244,800 0 0
SPRINT CORP COM FON GROUP 852061100 58.0 3,4 2,856.0 SH DEFINED 2,856 0 0
SPRINT CORP (PCS GROUP) PCS COM SER 1 852061506 644.3 1,2,3,4 31,528.0 SH DEFINED 31,528 0 0
SPX CORP COM 784635104 1,947.4 1,3 18,000.0 SH DEFINED 18,000 0 0
STAR GAS PART-SEN SUB UTS SR SUB UN LTD 85512C204 384.5 2,3 42,434.0 SH DEFINED 42,434 0 0
STMICROELECTRON SUB LYON ZERO 09 861012AB8 26,404.9 1,2,3 22,050,000.0 PRN DEFINED
STMICROELECTRON SR CV ZERO144A10 861012AC6 16,261.9 1,2,3 24,500,000.0 PRN DEFINED
STMICROELECTRONICS NV-NY COM 861012102 25,634.1 1,2,3 598,760.0 SH DEFINED 598,760 0 0
STORAGE TECHNOLOGY /NEW/COM COM PAR $0.10 862111200 24.8 1,3 2,754.0 SH DEFINED 2,754 0 0
SUN MICROSYSTEMS INC COM 866810104 3,763.1 1,3 135,000.0 SH DEFINED 135,000 0 0
SYBASE INC COM 871130100 2,154.2 2,3 108,730.0 SH DEFINED 108,730 0 0
T/R SYSTEMS INC COM 87263U102 320.3 3,4 50,243.0 SH DEFINED 50,243 0 0
TAUBMAN CENTERS INC COM 876664103 8,202.8 3 750,000.0 SH DEFINED 750,000 0 0
TECNOMATIX TECHNOLOGIES LTD ORD M8743P105 5.3 2,3 1,000.0 SH DEFINED 1,000 0 0
TEEKAY SHIPPING CORP COM Y8564W103 6,881.8 2,3 181,100.0 SH DEFINED 181,100 0 0
TELLABS INC COM 879664100 4,576.5 1,3 81,000.0 SH DEFINED 81,000 0 0
TERRA INDUSTRIES INC COM 880915103 340.8 2,3 136,300.0 SH DEFINED 136,300 0 0
TEXAS INSTRUMENTS INC COM 882508104 663.3 1,3 14,000.0 SH DEFINED 14,000 0 0
TEXTRON INC COM 883203101 12,090.0 2,3 260,000.0 SH DEFINED 260,000 0 0
THE HEALTHCARE COMPANY COM 404119109 3,520.8 1,3 80,000.0 SH DEFINED 80,000 0 0
THOUSAND TRAILS, INC COM 885502104 798.3 2,3 159,660.0 SH DEFINED 159,660 0 0
TOWER AUTOMOTIVE INC COM 891707101 1,067.4 2,3 118,600.0 SH DEFINED 118,600 0 0
TRANSOCEON SEDCO FOREX INC ORD G90078109 2,557.9 1,3 55,606.0 SH DEFINED 55,606 0 0
TRENWICK GROUP LTD COM G9032C109 91,988.0 2,3 3,707,400.0 SH DEFINED 3,707,400 0 0
TRIBUNE CO NEW COM 896047107 3,802.5 1,3 90,000.0 SH DEFINED 90,000 0 0
TRIQUINT SEMICON SB NT CV 144A 07 89674KAA1 950.4 1,3 1,080,000.0 PRN DEFINED
TRIQUINT SEMICON SUB NT CV 4%07 89674KAB9 2,921.6 1,3 3,320,000.0 PRN DEFINED
TRIQUINT SEMICONDUCTOR INC COM 89674K103 2,184.4 1,3 50,000.0 SH DEFINED 50,000 0 0
TRIZEC HAHN CORPORATION SUB VTG 896938107 4,386.3 2,3 290,000.0 SH DEFINED 290,000 0 0
TRW INC COM 872649108 2,325.0 2,3 60,000.0 SH DEFINED 60,000 0 0
TVX GOLD INC COM NEW 87308K200 820.6 2,3 500,380.0 SH DEFINED 500,380 0 0
TXU CORPORATION COM 873168108 797.6 2,3 18,000.0 SH DEFINED 18,000 0 0
TYCO INTERNATIONAL LTD COM 902124106 44,415.5 1,2,3 799,500.0 SH DEFINED 799,500 0 0
TYCO INTL LTD LYON ZRO 144A 20 902124AA4 115,687.5 1,2,3 150,000,000.0 PRN DEFINED
U.S. BANCORP COM 902973106 5,253.7 2,3 180,000.0 SH DEFINED 180,000 0 0
UAL CORP COM PAR $0.01 902549500 1,946.9 2,3 50,000.0 SH DEFINED 50,000 0 0
UGLY DUCKLING CORP COM 903512101 196.9 2,3 50,000.0 SH DEFINED 50,000 0 0
UNISYS CORP COM 909214108 4,899.4 2,3 335,000.0 SH DEFINED 335,000 0 0
UNITED TECHNOLOGIES CORP. COM 913017109 1,572.5 2,3 20,000.0 SH DEFINED 20,000 0 0
UNOCAL CORP COM 915289102 3,922.9 2,3 101,400.0 SH DEFINED 101,400 0 0
USX - MARATHON GROUP INC COM NEW 902905827 4,995.0 2,3 180,000.0 SH DEFINED 180,000 0 0
VERIZON COMMUNICATIONS INC. COM 92343V104 2,255.6 1,3 45,000.0 SH DEFINED 45,000 0 0
VISTEON CORP -W/I COM 92839U107 2,300.0 2,3 200,000.0 SH DEFINED 200,000 0 0
VODAFONE AIRTOUCH PLC-SP ADRSPONSORED ADR 92857W100 18,292.3 1,2,3 505,950.0 SH DEFINED 505,950 0 0
VORNADO REALTY TRUST SH BEN INT 929042109 1,340.9 2,3 35,000.0 SH DEFINED 35,000 0 0
WAL MART STORES INC COM 931142103 3,426.6 1,3 64,500.0 SH DEFINED 64,500 0 0
WATSON PHARMACEUTICALS INC COM 942683103 2,047.5 1,3 40,000.0 SH DEFINED 40,000 0 0
WELLS FARGO & COMPANY COM 949746101 5,568.8 1,3 100,000.0 SH DEFINED 100,000 0 0
WESTERN RESOURCES INC COM 959425109 6,699.2 2,3 270,000.0 SH DEFINED 270,000 0 0
WGL HOLDINGS INC COM 92924F106 821.8 2,3 27,000.0 SH DEFINED 27,000 0 0
WILLIAMS COS INC COM 969457100 3,566.9 1,3,4 89,312.0 SH DEFINED 89,312 0 0
WIND RIVER SYSTEMS COM 973149107 2,840.6 1,3 83,240.0 SH DEFINED 83,240 0 0
WIND RIVER SYSTM SUB NT CONV 5%02 973149AC1 3,539.3 1,3 3,078,000.0 PRN DEFINED
WISCONSIN ENERGY CORP COM 976657106 1,965.2 2,3 87,100.0 SH DEFINED 87,100 0 0
XTRA CORP COM 984138107 772.3 1,3 16,089.0 SH DEFINED 16,089 0 0
YOUNG BROADCASTING INC-A CL A 987434107 2,179.8 2,3 65,100.0 SH DEFINED 65,100 0 0
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 4
Form 13F Information Table Entry Total: 326
Form 13F Information Table Value Total: 2,378,483 (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