LOEWS CORP Hedge Fund

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GIL	GILDAN ACTIVEWEAR INC	888,655	$55,505	0.5%	$59.45	0.0%	COM	375916103
BLDR	BUILDERS FIRSTSOURCE INC	280,000	$28,809	0.2%	$112.38	0.0%	COM	12008R107
ALSN	ALLISON TRANSMISSION HLDGS I	230,000	$22,517	0.2%	$87.50	0.0%	COM	01973R101
TEAM	ATLASSIAN CORPORATION	100,000	$16,214	0.1%	$156.92	0.0%	CL A	049468101
INGR	INGREDION INC	140,000	$15,436	0.1%	$112.78	0.0%	COM	457187102
FICO	FAIR ISAAC CORP	7,000	$11,834	0.1%	$1721.38	0.0%	COM	303250104
UBER	UBER TECHNOLOGIES INC	140,000	$11,439	0.1%	$90.05	0.0%	COM	90353T100
NRG	NRG ENERGY INC	50,000	$7,962	0.1%	$165.30	0.0%	COM NEW	629377508
HPQ	HP INC	200,000	$4,456	0.0%	$25.25	0.0%	COM	40434L105
OLN	OLIN CORP	200,000	$4,166	0.0%	$21.44	0.0%	COM PAR $1	680665205

Increased Positions (7)

AVT AVNET INC 0.2%

Value ($000) $20,674 (+229.5%) Shares 430,000 (+258.3%) Est. Cost $49.03 Unrealized -0.3%

CMCSA COMCAST CORP NEW 0.1%

Value ($000) $13,152 (+109.3%) Shares 440,000 (+120.0%) Est. Cost $30.29 Unrealized -5.8%

COF CAPITAL ONE FINL CORP 0.1%

Value ($000) $15,753 (+48.2%) Shares 65,000 (+30.0%) Est. Cost $194.62 Unrealized +14.2%

META META PLATFORMS INC 0.2%

Value ($000) $22,443 (+19.8%) Shares 34,000 (+33.3%) Est. Cost $346.45 Unrealized +92.6%

KMI KINDER MORGAN INC DEL 0.2%

Value ($000) $21,992 (+15.1%) Shares 800,000 (+18.5%) Est. Cost $26.75 Unrealized +0.6%

— AMCOR PLC 0.2%

Value ($000) $26,271 (+7.1%) Shares 3,150,000 (+5.0%) Est. Cost $9.09 Unrealized -9.2%

BN BROOKFIELD CORP 0.1%

Value ($000) $14,914 (-1.1%) Shares 325,000 (+47.7%) Est. Cost $40.15 Unrealized +13.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AVT	AVNET INC	430,000 (+258.3%)	$20,674 (+229.5%)	0.2%	$49.03	-0.3%	COM	053807103
CMCSA	COMCAST CORP NEW	440,000 (+120.0%)	$13,152 (+109.3%)	0.1%	$30.29	-5.8%	CL A	20030N101
COF	CAPITAL ONE FINL CORP	65,000 (+30.0%)	$15,753 (+48.2%)	0.1%	$194.62	+14.2%	COM	14040H105
META	META PLATFORMS INC	34,000 (+33.3%)	$22,443 (+19.8%)	0.2%	$346.45	+92.6%	CL A	30303M102
KMI	KINDER MORGAN INC DEL	800,000 (+18.5%)	$21,992 (+15.1%)	0.2%	$26.75	+0.6%	COM	49456B101
—	AMCOR PLC	3,150,000 (+5.0%)	$26,271 (+7.1%)	0.2%	$9.09	-9.2%	ORD	G0250X107
BN	BROOKFIELD CORP	325,000 (+47.7%)	$14,914 (-1.1%)	0.1%	$40.15	+13.4%	CL A LTD VT SH	11271J107

Exited Positions (7)

— HANESBRANDS INC 1.7%

Value ($000) $210,221 Shares 31,900,000 Est. Cost $5.02 Unrealized —

LNG CHENIERE ENERGY INC 0.1%

Value ($000) $14,099 Shares 60,000 Est. Cost $156.40 Unrealized +34.3%

GS GOLDMAN SACHS GROUP INC 0.1%

Value ($000) $9,954 Shares 12,500 Est. Cost $734.84 Unrealized +10.7%

FERG FERGUSON ENTERPRISES INC 0.1%

Value ($000) $8,983 Shares 40,000 Est. Cost $186.29 Unrealized +27.7%

TMHC TAYLOR MORRISON HOME CORP 0.1%

Value ($000) $6,601 Shares 100,000 Est. Cost $64.30 Unrealized -4.9%

LYB LYONDELLBASELL INDUSTRIES N 0.0%

Value ($000) $2,942 Shares 60,000 Est. Cost $71.03 Unrealized -37.4%

ARW ARROW ELECTRS INC 0.0%

Value ($000) $2,420 Shares 20,000 Est. Cost $117.05 Unrealized -3.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	HANESBRANDS INC	31,900,000	$210,221	1.7%	$5.02	—	—	410345102
LNG	CHENIERE ENERGY INC	60,000	$14,099	0.1%	$156.40	+34.3%	—	16411R208
GS	GOLDMAN SACHS GROUP INC	12,500	$9,954	0.1%	$734.84	+10.7%	—	38141G104
FERG	FERGUSON ENTERPRISES INC	40,000	$8,983	0.1%	$186.29	+27.7%	—	31488V107
TMHC	TAYLOR MORRISON HOME CORP	100,000	$6,601	0.1%	$64.30	-4.9%	—	87724P106
LYB	LYONDELLBASELL INDUSTRIES N	60,000	$2,942	0.0%	$71.03	-37.4%	—	N53745100
ARW	ARROW ELECTRS INC	20,000	$2,420	0.0%	$117.05	-3.0%	—	042735100

Decreased Positions (5)

ELV ELEVANCE HEALTH INC FORMERLY 0.1%

Value ($000) $12,620 (-64.5%) Shares 36,000 (-67.3%) Est. Cost $355.52 Unrealized -5.3%

AVTR AVANTOR INC 0.1%

Value ($000) $11,460 (-34.4%) Shares 1,000,000 (-28.6%) Est. Cost $13.68 Unrealized -10.0%

WFC WELLS FARGO CO NEW 0.1%

Value ($000) $15,844 (-5.5%) Shares 170,000 (-15.0%) Est. Cost $71.15 Unrealized +21.8%

MAGN MAGNERA CORP 0.0%

Value ($000) $4,542 (+7.5%) Shares 300,000 (-16.8%) Est. Cost $17.42 Unrealized -33.5%

GOOGL ALPHABET INC 0.2%

Value ($000) $19,719 (+1.4%) Shares 63,000 (-21.3%) Est. Cost $131.15 Unrealized +117.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ELV	ELEVANCE HEALTH INC FORMERLY	36,000 (-67.3%)	$12,620 (-64.5%)	0.1%	$355.52	-5.3%	COM	036752103
AVTR	AVANTOR INC	1,000,000 (-28.6%)	$11,460 (-34.4%)	0.1%	$13.68	-10.0%	COM	05352A100
WFC	WELLS FARGO CO NEW	170,000 (-15.0%)	$15,844 (-5.5%)	0.1%	$71.15	+21.8%	COM	949746101
MAGN	MAGNERA CORP	300,000 (-16.8%)	$4,542 (+7.5%)	0.0%	$17.42	-33.5%	COM SHS	55939A107
GOOGL	ALPHABET INC	63,000 (-21.3%)	$19,719 (+1.4%)	0.2%	$131.15	+117.8%	CAP STK CL A	02079K305

Unchanged Positions (5)

CNA CNA FINL CORP 96.6%

Value ($000) $11,859,320 Shares 248,414,738 Est. Cost $14.05 Unrealized +226.3%

JBGS JBG SMITH PPTYS 0.1%

Value ($000) $8,446 Shares 496,520 Est. Cost $17.30 Unrealized —

ALLY ALLY FINL INC 0.1%

Value ($000) $16,304 Shares 360,000 Est. Cost $25.22 Unrealized +61.8%

JBS JBS N.V. 0.2%

Value ($000) $19,179 Shares 1,330,000 Est. Cost $14.07 Unrealized -2.4%

AVTR AVANTOR INC 0.0%

Value ($000) $344 Shares 30,000 Est. Cost $13.68 Unrealized -10.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CNA	CNA FINL CORP	248,414,738	$11,859,320	96.6%	$14.05	+226.3%	COM	126117100
JBGS	JBG SMITH PPTYS	496,520	$8,446	0.1%	$17.30	—	COM	46590V100
ALLY	ALLY FINL INC	360,000	$16,304	0.1%	$25.22	+61.8%	COM	02005N100
JBS	JBS N.V.	1,330,000	$19,179	0.2%	$14.07	-2.4%	CL A SHS	N4732M103
AVTR	AVANTOR INC	30,000	$344	0.0%	$13.68	-10.0%	CALL	05352A100