Loews Corp 13F annual report
Loews Corp is an investment fund managing more than $11.8 trillion ran by Marc Alpert. There are currently 19 companies in Mr. Alpert’s portfolio. The largest investments include Cna Finl Corp and Hanesbrands Inc, together worth $11.6 trillion.
$11.8 trillion Assets Under Management (AUM)
As of 22nd July 2024, Loews Corp’s top holding is 248,414,738 shares of Cna Finl Corp currently worth over $11.4 trillion and making up 96.8% of the portfolio value.
In addition, the fund holds 29,197,796 shares of Hanesbrands Inc worth $144 billion, whose value grew 13.8% in the past six months.
The third-largest holding is Arrow Electrs Inc worth $24.2 billion and the next is Berry Global Inc worth $23.9 billion, with 406,000 shares owned.
Currently, Loews Corp's portfolio is worth at least $11.8 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Loews Corp
The Loews Corp office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Marc Alpert serves as the Senior Vice President and General Counsel at Loews Corp.
Recent trades
In the most recent 13F filing, Loews Corp revealed that it had opened a new position in
Qualcomm and bought 60,000 shares worth $12 billion.
This means they effectively own approximately 0.1% of the company.
Qualcomm makes up
30.9%
of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Hanesbrands Inc by buying
15,206,007 additional shares.
This makes their stake in Hanesbrands Inc total 29,197,796 shares worth $144 billion.
Hanesbrands Inc dropped approximately 0.1% in the past year.
On the other hand, there are companies that Loews Corp is getting rid of from its portfolio.
Loews Corp closed its position in Goldman Sachs on 29th July 2024.
It sold the previously owned 40,000 shares for $16.7 billion.
Marc Alpert also disclosed a decreased stake in Berry Global Inc by approximately 0.1%.
This leaves the value of the investment at $23.9 billion and 406,000 shares.
One of the largest hedge funds
The two most similar investment funds to Loews Corp are Forsta Ap-fonden and Great Lakes Advisors. They manage $11.8 trillion and $11.8 trillion respectively.
Marc Alpert investment strategy
Loews Corp’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 1.2% of
the total portfolio value.
The fund focuses on investments in the United States as
57.9% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
32% of the total holdings value.
On the other hand, small-cap stocks make up only 5.3% of the portfolio.
The average market cap of the portfolio companies is close to $210 billion.
The complete list of Loews Corp trades based on 13F SEC filings
These positions were updated on July 29th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Cna Finl Corp |
No change
248,414,738
|
$11,444,466,980,000 | 96.77% |
| Hanesbrands Inc |
108.68%
29,197,796
|
$143,945,134,000 | 1.22% |
| Arrow Electrs Inc |
No change
200,000
|
$24,152,000,000 | 0.20% |
| Berry Global Group Inc |
2.40%
406,000
|
$23,893,100,000 | 0.20% |
| Ingredion Inc |
1.32%
187,500
|
$21,506,250,000 | 0.18% |
| Apollo Global Mgmt Inc |
3.03%
170,000
|
$20,071,900,000 | 0.17% |
| Lyondellbasell Industries N |
8.81%
207,000
|
$19,801,620,000 | 0.17% |
| Cheniere Energy Inc. |
51.72%
110,000
|
$19,231,300,000 | 0.16% |
| Ally Finl Inc |
No change
470,000
|
$18,644,900,000 | 0.16% |
| Meta Platforms Inc |
No change
35,000
|
$17,647,700,000 | 0.15% |
| Goldman Sachs Group, Inc. |
Closed
40,000
|
$16,707,600,000 | |
| General Mtrs Co |
9.09%
300,000
|
$13,938,000,000 | 0.12% |
| Qualcomm, Inc. |
Opened
60,000
|
$11,950,800,000 | 0.10% |
| Alphabet Inc |
No change
50,000
|
$9,107,500,000 | 0.08% |
| Comcast Corp New |
No change
220,000
|
$8,615,200,000 | 0.07% |
| Talos Energy Inc |
Opened
700,000
|
$8,505,000,000 | 0.07% |
| HCA Healthcare Inc |
52.38%
25,000
|
$8,032,000,000 | 0.07% |
| Conocophillips |
Closed
60,000
|
$7,636,800,000 | |
| Oracle Corp. |
Closed
50,000
|
$6,280,500,000 | |
| Merck & Co Inc |
54.55%
50,000
|
$6,190,000,000 | 0.05% |
| H & E Equipment Services Inc |
Opened
130,000
|
$5,742,100,000 | 0.05% |
| Vista Gold Corp. |
No change
3,424,217
|
$1,592,261,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 22 holdings | |||
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