Cna Financial Corp.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Cna Financial Corp. reported 12 stock positions worth $169.8 million. Its top holding was Enterprise Products Partners (EPD) at 19.3% of the portfolio, followed by Elevance Health (ELV, 11.4%) and Wells Fargo (WFC, 9.9%). Compared with Q2 2025, it opened 1 new position, sold out of 3, added to 3 and reduced 6. The biggest buy was Elevance Health (ELV, shares +122%) and the biggest sale an exit from Avantor (AVTR).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0000021175
- Portfolio Value
- $169.8M (Q3 2025)
- SEC Filing
- 0000021175-25-000099 ↗ filed Nov 14, 2025
Holdings Value
Holdings 12 stocks · $169.8M
| EPD Enterprise Products Partners | 19.34% | 1,050,000 | $32.8M | Add +5.0% |
| ELV Elevance Health Inc. | 11.42% | 60,000 | $19.4M | Add +122.2% |
| WFC Wells Fargo & Co. | 9.87% | 200,000 | $16.8M | Reduce -7.0% |
| BN Brookfield Corp. | 8.89% | 220,000 | $15.1M | Add +10.0% |
| LNG Cheniere Energy Inc. | 8.30% | 60,000 | $14.1M | Reduce -7.7% |
| ET Energy Transfer LP | 8.09% | 800,000 | $13.7M | No change |
| GOOGL Alphabet Inc. Class A | 6.44% | 45,000 | $10.9M | No change |
| COF Capital One Financial Corp. | 6.26% | 50,000 | $10.6M | Reduce -50.0% |
| GS Goldman Sachs Group Inc. | 5.86% | 12,500 | $10.0M | New |
| META Meta Platforms Inc. Class A | 5.41% | 12,500 | $9.2M | Reduce -16.7% |
| FERG Ferguson Enterprises Inc. | 5.29% | 40,000 | $9.0M | Reduce -11.1% |
| AMCR Amcor PLC | 4.82% | 1,000,000 | $8.2M | Reduce -22.7% |
Portfolio Sells Q2 2025 → Q3 2025
| AVTR Avantor Inc. | Sold out | 0.00% | −7.94 |
| APO Apollo Global Management Inc. | Sold out | 0.00% | −5.82 |
| COF Capital One Financial Corp. | Reduce -50.0% | 6.26% | −4.66 |
| BLDR Builders Firstsource Inc. | Sold out | 0.00% | −2.39 |
| AMCR Amcor PLC | Reduce -22.7% | 4.82% | −1.28 |
| META Meta Platforms Inc. Class A | Reduce -16.7% | 5.41% | −0.27 |
| LNG Cheniere Energy Inc. | Reduce -7.7% | 8.30% | +0.18 |
| FERG Ferguson Enterprises Inc. | Reduce -11.1% | 5.29% | +0.26 |
| WFC Wells Fargo & Co. | Reduce -7.0% | 9.87% | +1.04 |
Portfolio Buys Q2 2025 → Q3 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 18 | $239.0M | EPD, ET, COF, GE, LLY |
| Q1 2026 | 15 | $235.2M | EPD, META, AMZN, COF, UBER |
| Q4 2025 | 14 | $205.8M | EPD, META, WFC, COF, ET |
| Q3 2025 | 12 | $169.8M | EPD, ELV, WFC, BN, LNG |
| Q2 2025 | 14 | $194.9M | EPD, COF, WFC, LNG, AVTR |
| Q1 2025 | 14 | $156.6M | EPD, LNG, APO, COF, ET |
| Q4 2024 | 14 | $161.3M | EPD, APO, LNG, ET, META |
| Q3 2024 | 12 | $175.3M | EPD, APO, LNG, OBDE, INGR |
| Q2 2024 | 13 | $178.8M | EPD, OBDE, APO, LNG, ARW |
| Q1 2024 | 16 | $199.9M | EPD, OBDE, APO, GS, ARW |