CNA Financial (CNA) 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ABBOTT LABORATORIES	COM	002824100	967	27,725	SH		DFND	1,2,3	0	27,725	0
ACTUANT CORP-CL A	CL A	00508X203	1,522	46,175	SH		DFND	1,2,3	0	46,175	0
AEROPOSTALE INC	COM	007865108	1,294	93,750	SH		DFND	1,2,3	0	93,750	0
ALLEGHENY TECHNOLOGIES INC	COM	01741R102	771	29,305	SH		DFND	1,2,3	0	29,305	0
AMERICAN EQUITY INVT LIFE HL	COM	025676206	1,459	92,925	SH		DFND	1,2,3	0	92,925	0
AMERICAN INTERNATIONAL GROUP	COM NEW	026874784	2,892	64,700	SH		DFND	1,2,3	0	64,700	0
AMERICAN REPROGRAPHICS CO	COM	00191G103	522	130,375	SH		DFND	1,2,3	0	130,375	0
ANADARKO PETROLEUM CORP	COM	032511107	13,190	153,496	SH		DFND	1,2,3	0	153,496	0
ANIXTER INTERNATIONAL INC	COM	035290105	1,075	14,175	SH		DFND	1,2,3	0	14,175	0
APACHE CORP	COM	037411105	5,449	65,000	SH		DFND	1,2,3	0	65,000	0
APPLE COMPUTER INC	COM	037833100	981	2,475	SH		DFND	1,2,3	0	2,475	0
ARGAN INC	COM	04010E109	262	16,777	SH		DFND	1,2,3	0	16,777	0
ARGO GROUP INTERNATIONAL	COM	G0464B107	1,784	42,075	SH		DFND	1,2,3	0	42,075	0
ARRIS CORP	COM	04270V106	428	29,800	SH		DFND	1,2,3	0	29,800	0
ASPEN INSURANCE HOLDINGS LTD	SHS	G05384105	1,406	37,900	SH		DFND	1,2,3	0	37,900	0
ASSURANT INC	COM	04621X108	7,524	147,800	SH		DFND	1,2,3	0	147,800	0
AVNET INC	COM	053807103	3,294	98,050	SH		DFND	1,2,3	0	98,050	0
BABCOCK & WILCOX CO/THE	COM	05615F102	844	28,121	SH		DFND	1,2,3	0	28,121	0
BAKER HUGHES INC	COM	057224107	2,657	57,600	SH		DFND	1,2,3	0	57,600	0
BANCORPSOUTH INC	COM	059692103	1,432	80,905	SH		DFND	1,2,3	0	80,905	0
BANK OF AMERICA CORP	COM	060505104	1,878	146,050	SH		DFND	1,2,3	0	146,050	0
BANK OF NEW YORK	COM	064058100	1,880	67,012	SH		DFND	1,2,3	0	67,012	0
BARNES & NOBLE INC	COM	067774109	1,198	75,041	SH		DFND	1,2,3	0	75,041	0
BARRICK GOLD CORP	COM	067901108	2,412	153,241	SH		DFND	1,2,3	0	153,241	0
BBCN BANCORP INC	COM	073295107	1,451	102,050	SH		DFND	1,2,3	0	102,050	0
BECTON DICKINSON & CO	COM	075887109	1,742	17,625	SH		DFND	1,2,3	0	17,625	0
BLUEKNIGHT ENERGY PARTNERS LP	COM UNIT	09625U109	2,766	315,410	SH		DFND	1,2,3	0	315,410	0
BOEING COMPANY	COM	097023105	3,329	32,500	SH		DFND	1,2,3	0	32,500	0
BP PLC-SPONS ADR	SPONS	055622104	3,601	86,282	SH		DFND	1,2,3	0	86,282	0
BRADY CORPORATION - CL A	CL A	104674106	1,457	47,425	SH		DFND	1,2,3	0	47,425	0
CABOT OIL & GAS CORP -CL A	COM	127097103	2,237	31,500	SH		DFND	1,2,3	0	31,500	0
CAL DIVE INTERNATIONAL INC	COM	12802T101	461	245,100	SH		DFND	1,2,3	0	245,100	0
CALLAWAY GOLF COMPANY	COM	131193104	266	40,500	SH		DFND	1,2,3	0	40,500	0
CANADIAN NATURAL RESOURCES	COM	136385101	565	20,000	SH		DFND	1,2,3	0	20,000	0
CAPITAL LEASE FUNDING INC	COM	140288101	1,300	154,081	SH		DFND	1,2,3	0	154,081	0
CAPITAL PRODUCT PARTNERS LP	COM UNIT	Y11082107	2,320	250,000	SH		DFND	1,2,3	0	250,000	0
CARPENTER TECHNOLOGY	COM	144285103	699	15,500	SH		DFND	1,2,3	0	15,500	0
CASH AMERICA INTL INC	COM	14754D100	291	6,400	SH		DFND	1,2,3	0	6,400	0
CASTLE (A.M.) & CO	COM	148411101	619	39,300	SH		DFND	1,2,3	0	39,300	0
CIRCOR INTERNATIONAL INC	COM	17273K109	543	10,675	SH		DFND	1,2,3	0	10,675	0
CITIGROUP INC	COM	172967424	6,117	127,516	SH		DFND	1,2,3	0	127,516	0
COCA COLA CO	COM	191216100	666	16,600	SH		DFND	1,2,3	0	16,600	0
COMCAST CORP CL A SPL	CL A	20030N200	9,918	250,000	SH		DFND	1,2,3	0	250,000	0
CONSECO INC	COM	12621E103	1,926	148,600	SH		DFND	1,2,3	0	148,600	0
CON-WAY INC	COM	205944101	1,624	41,675	SH		DFND	1,2,3	0	41,675	0
CRAY INC	COM NEW	225223304	1,982	100,908	SH		DFND	1,2,3	0	100,908	0
CURTISS-WRIGHT CORP	COM	231561101	1,196	32,275	SH		DFND	1,2,3	0	32,275	0
CVR PARTNERS LP	COM	126633106	4,546	200,000	SH		DFND	1,2,3	0	200,000	0
CVR REFINING LP	COMUNIT REP LT	12663P107	530	17,640	SH		DFND	1,2,3	0	17,640	0
DANA HOLDING CORP	COM	235825205	1,162	60,324	SH		DFND	1,2,3	0	60,324	0
DEERE & CO	COM	244199105	4,875	60,000	SH		DFND	1,2,3	0	60,000	0
DELL COMPUTER CORP	COM	24702R101	1,941	145,675	SH		DFND	1,2,3	0	145,675	0
DELPHI AUTOMOTIVE PLC	SHS	G27823106	2,546	50,225	SH		DFND	1,2,3	0	50,225	0
DELTA AIR LINES INC	COM NEW	247361702	4,241	226,675	SH		DFND	1,2,3	0	226,675	0
DENBURY RESOURCES INC	COM	247916208	2,685	155,000	SH		DFND	1,2,3	0	155,000	0
DEVON ENERGY CORP	COM	25179M103	5,812	112,035	SH		DFND	1,2,3	0	112,035	0
DIAMONDROCK HOSPITALITY CO	COM	252784301	986	105,771	SH		DFND	1,2,3	0	105,771	0
DIODES INC	COM	254543101	1,693	65,198	SH		DFND	1,2,3	0	65,198	0
EATON CORP PLC	SHS	G29183103	2,942	44,710	SH		DFND	1,2,3	0	44,710	0
EMC CORPORATION	COM	268648102	1,417	60,000	SH		DFND	1,2,3	0	60,000	0
ENBRIDGE ENERGY PARTNERS LP	COM	29250R106	6,708	220,000	SH		DFND	1,2,3	0	220,000	0
ENDO HEALTH SOLUTIONS INC	COM	29264F205	596	16,200	SH		DFND	1,2,3	0	16,200	0
ENERGY TRANSFER EQUITY LP	COM UNIT	29273V100	3,589	60,000	SH		DFND	1,2,3	0	60,000	0
ENGILITY HOLDINGS INC - W/I	COM	29285W104	1,156	40,680	SH		DFND	1,2,3	0	40,680	0
ENSCO INTERNATIONAL INC	SHS CL A	G3157S106	3,487	60,000	SH		DFND	1,2,3	0	60,000	0
ENTERGY CORP	COM	29364G103	1,777	25,500	SH		DFND	1,2,3	0	25,500	0
EXXON MOBIL CORP	COM	30231G102	1,613	17,850	SH		DFND	1,2,3	0	17,850	0
EZCORP INC-CL A	CL A	302301106	810	47,900	SH		DFND	1,2,3	0	47,900	0
FEDEX CORPORATION	COM	31428X106	8,231	83,500	SH		DFND	1,2,3	0	83,500	0
FIRST CITIZENS BCSHS -CL A	CL A	31946M103	365	1,900	SH		DFND	1,2,3	0	1,900	0
GENERAL MOTORS-CW16	WARRANT	37045V118	1,310	54,576	SH		DFND	1,2,3	0	54,576	0
GENTIVA HEALTH SERVICES	COM	37247A102	383	38,491	SH		DFND	1,2,3	0	38,491	0
GLOBAL CASH ACCESS INC	COM	378967103	1,088	173,816	SH		DFND	1,2,3	0	173,816	0
GOLDMAN SACHS GROUP INC	COM	38141G104	2,280	15,075	SH		DFND	1,2,3	0	15,075	0
GOOGLE INC-CL A	CL A	38259P508	2,927	3,325	SH		DFND	1,2,3	0	3,325	0
GOVERNMENT PROPERTIES INCOME	COM SHS BEN INT	38376A103	444	17,600	SH		DFND	1,2,3	0	17,600	0
GRANITE REAL ESTATE INVESTMENT TRST	UNIT	387437114	1,081	31,300	SH		DFND	1,2,3	0	31,300	0
GREAT PLAINS ENERGY INC	COM	391164100	467	20,700	SH		DFND	1,2,3	0	20,700	0
GRIFFON CORPORATION	COM	398433102	1,012	89,919	SH		DFND	1,2,3	0	89,919	0
HARSCO CORP	COM	415864107	1,586	68,400	SH		DFND	1,2,3	0	68,400	0
HARTE-HANKS INC	COM	416196103	1,692	196,750	SH		DFND	1,2,3	0	196,750	0
HERMAN MILLER INC	COM	600544100	733	27,075	SH		DFND	1,2,3	0	27,075	0
HESS CORP	COM	42809H107	788	11,850	SH		DFND	1,2,3	0	11,850	0
HEWLETT-PACKARD CO.	COM	428236103	6,818	274,925	SH		DFND	1,2,3	0	274,925	0
HOSPITALITY PROPERTIES TRUST	COM SHS	44106M102	2,041	77,675	SH		DFND	1,2,3	0	77,675	0
HUNTINGTON INGALLS INDUSTRIES	COM	446413106	538	9,525	SH		DFND	1,2,3	0	9,525	0
ICONIX BRAND GROUP INC	COM	451055107	823	28,000	SH		DFND	1,2,3	0	28,000	0
ING US INC	COM	45685E106	1,804	66,675	SH		DFND	1,2,3	0	66,675	0
INGERSOLL RAND CO	SHS	G47791101	966	17,405	SH		DFND	1,2,3	0	17,405	0
INGRAM MICRO INC-CL A	CL A	457153104	1,937	101,975	SH		DFND	1,2,3	0	101,975	0
Inorg Chem Nec	COM	45768S105	848	21,098	SH		DFND	1,2,3	0	21,098	0
INSIGHT ENTERPRISES INC	COM	45765U103	1,046	58,968	SH		DFND	1,2,3	0	58,968	0
INTERNATIONAL BUSINESS MACHINE	COM	459200101	14,190	74,250	SH		DFND	1,2,3	0	74,250	0
INVESCO LTD	SHS	G491BT108	2,523	79,350	SH		DFND	1,2,3	0	79,350	0
JAKKS PACIFIC INC	COM	47012E106	721	64,106	SH		DFND	1,2,3	0	64,106	0
JOHNSON & JOHNSON	COM	478160104	4,873	56,750	SH		DFND	1,2,3	0	56,750	0
JONES APPAREL GROUP INC	COM	48020T101	1,469	106,809	SH		DFND	1,2,3	0	106,809	0
JPMORGAN CHASE & COMPANY	COM	46625H100	9,036	171,175	SH		DFND	1,2,3	0	171,175	0
KAISER ALUMINUM CORP	COM	483007704	601	9,700	SH		DFND	1,2,3	0	9,700	0
KAPSTONE PAPER AND PACKAGING	COM	48562P103	518	12,900	SH		DFND	1,2,3	0	12,900	0
L-3 COMMUNICATIONS CORP	COM	502424104	2,092	24,400	SH		DFND	1,2,3	0	24,400	0
LABORATORY CRP OF AMER HLDGS	COM NEW	50540R409	1,827	18,250	SH		DFND	1,2,3	0	18,250	0
LEGG MASON INC	COM	524901105	1,972	63,600	SH		DFND	1,2,3	0	63,600	0
LENNAR CORP - B SHS	CL B	526057302	413	14,580	SH		DFND	1,2,3	0	14,580	0
LEXMARK INTL GROUP INC-CL A	CL A	529771107	584	19,100	SH		DFND	1,2,3	0	19,100	0
LINCOLN NATIONAL CORP INDIANA	COM	534187109	7,403	203,000	SH		DFND	1,2,3	0	203,000	0
MARKWEST ENERGY PARTNERS LP	UNIT LP	570759100	6,685	100,000	SH		DFND	1,2,3	0	100,000	0
MATTHEWS INTL CORP-CLASS A	CL A	577128101	1,033	27,400	SH		DFND	1,2,3	0	27,400	0
MEDTRONIC INC	COM	585055106	2,120	41,190	SH		DFND	1,2,3	0	41,190	0
MERCK & CO. INC.	COM	58933Y105	3,180	68,459	SH		DFND	1,2,3	0	68,459	0
METLIFE INC	COM	59156R108	6,560	143,350	SH		DFND	1,2,3	0	143,350	0
MICROSOFT CORP	COM	594918104	18,001	521,095	SH		DFND	1,2,3	0	521,095	0
MILLER INDUSTRIES INC/TENN	COM	600551204	250	16,262	SH		DFND	1,2,3	0	16,262	0
MONSTER WORLDWIDE INC	COM	611742107	789	160,675	SH		DFND	1,2,3	0	160,675	0
MORGAN ST DEAN WITTER DISCOV	COM	617446448	2,026	82,950	SH		DFND	1,2,3	0	82,950	0
MUELLER WATER PRODUCTS INC-A	COM	624758108	1,561	225,975	SH		DFND	1,2,3	0	225,975	0
NATL PENN BCSHS INC	COM	637138108	1,285	126,475	SH		DFND	1,2,3	0	126,475	0
NELNET INC-CL A	CL A	64031N108	310	8,600	SH		DFND	1,2,3	0	8,600	0
NORTHROP GRUMMAN CORP	COM	666807102	1,801	21,750	SH		DFND	1,2,3	0	21,750	0
NRG ENERGY INC	COM NEW	629377508	920	34,446	SH		DFND	1,2,3	0	34,446	0
NV ENERGY INC	COM	67073Y106	636	27,100	SH		DFND	1,2,3	0	27,100	0
OCCIDENTAL PETROLEUM	COM	674599105	9,806	109,900	SH		DFND	1,2,3	0	109,900	0
OCEAN RIG UDW INC	SHS	Y64354205	257	13,744	SH		DFND	1,2,3	0	13,744	0
OMNICOM GROUP	COM	681919106	2,057	32,725	SH		DFND	1,2,3	0	32,725	0
ORACLE CORP	COM	68389X105	13,589	442,505	SH		DFND	1,2,3	0	442,505	0
OWENS CORNING	COM	690742101	2,189	56,025	SH		DFND	1,2,3	0	56,025	0
P G & E CORPORATION	COM	69331C108	5,633	123,183	SH		DFND	1,2,3	0	123,183	0
PACIFIC ETHANOL INC	COM	69423U305	199	50,000	SH		DFND	1,2,3	0	50,000	0
PARK STERLING CORP	COM	70086Y105	543	91,866	SH		DFND	1,2,3	0	91,866	0
PARKER HANNIFIN CORP	COM	701094104	1,825	19,125	SH		DFND	1,2,3	0	19,125	0
PARTNERRE LTD	COM	G6852T105	2,115	23,350	SH		DFND	1,2,3	0	23,350	0
PBF ENERGY INC	CL A	69318G106	2,411	93,100	SH		DFND	1,2,3	0	93,100	0
PETROLOGISTICS LP	UNIT LTD PTH INT	71672U101	3,604	272,000	SH		DFND	1,2,3	0	272,000	0
PFIZER INC	COM	717081103	10,873	388,191	SH		DFND	1,2,3	0	388,191	0
PHH CORP	COM	693320202	980	48,100	SH		DFND	1,2,3	0	48,100	0
PHOTOMEDEX INC	COM	719358301	1,670	104,770	SH		DFND	1,2,3	0	104,770	0
PIONEER NATURAL RESOURCES CO	COM	723787107	5,790	40,000	SH		DFND	1,2,3	0	40,000	0
PNC FINANCIAL CORP	COM	693475105	2,380	32,644	SH		DFND	1,2,3	0	32,644	0
PRIMERICA INC	COM	74164M108	1,147	30,631	SH		DFND	1,2,3	0	30,631	0
PROTECTIVE LIFE CORP	COM	743674103	763	19,860	SH		DFND	1,2,3	0	19,860	0
RENT-A-CENTER INC	COM	76009N100	2,575	68,575	SH		DFND	1,2,3	0	68,575	0
RENTECH NITROGEN PARTNERS LP	COM	760113100	6,762	229,848	SH		DFND	1,2,3	0	229,848	0
ROWAN COS INC	SHS CL A	G7665A101	2,555	75,000	SH		DFND	1,2,3	0	75,000	0
ROYAL DUTCH SHELL PLC-ADR	SPONS	780259206	2,698	42,285	SH		DFND	1,2,3	0	42,285	0
SKECHERS USA INC-CL A	CL A	830566105	911	37,942	SH		DFND	1,2,3	0	37,942	0
SPDR GOLD TRUST	SHS	78463V107	29,778	250,000	SH		DFND	1,2,3	0	250,000	0
SPRINT CORP	COM	852061100	915	130,278	SH		DFND	1,2,3	0	130,278	0
STAPLES INC	COM	855030102	5,627	354,567	SH		DFND	1,2,3	0	354,567	0
STATE STREET CORP	COM	857477103	1,916	29,375	SH		DFND	1,2,3	0	29,375	0
SUPERIOR ENERGY SERVICES INC	COM	868157108	283	10,900	SH		DFND	1,2,3	0	10,900	0
SYNOVUS FINANCIAL CORP	COM	87161C105	467	160,050	SH		DFND	1,2,3	0	160,050	0
TALLGRASS ENERGY PARTNERS LP	COM UNIT	874697105	2,100	100,000	SH		DFND	1,2,3	0	100,000	0
TCF FINANCIAL CORP	COM	872275102	1,527	107,675	SH		DFND	1,2,3	0	107,675	0
TE CONNECTIVITY LTD.	REG SHS	H84989104	2,508	55,075	SH		DFND	1,2,3	0	55,075	0
TENET HEALTHCARE CORP	COM NEW	88033G407	402	8,725	SH		DFND	1,2,3	0	8,725	0
TEVA PHARMACEUTICAL-SP ADR	COM	881624209	2,214	56,480	SH		DFND	1,2,3	0	56,480	0
THERMO FISHER SCIENTIFIC	COM	883556102	462	5,458	SH		DFND	1,2,3	0	5,458	0
TRAVELERS COS INC/THE	COM	89417E109	11,189	140,000	SH		DFND	1,2,3	0	140,000	0
TUPPERWARE CORP	COM	899896104	684	8,800	SH		DFND	1,2,3	0	8,800	0
TUTOR PERINI CORP	COM	901109108	1,198	66,250	SH		DFND	1,2,3	0	66,250	0
UAL CORP	COM	910047109	1,565	50,000	SH		DFND	1,2,3	0	50,000	0
UFP TECHNOLOGIES INC	COM	902673102	377	19,243	SH		DFND	1,2,3	0	19,243	0
UNITED STATIONERS INC	COM	913004107	784	23,375	SH		DFND	1,2,3	0	23,375	0
UNUM CORP	COM	91529Y106	1,307	44,500	SH		DFND	1,2,3	0	44,500	0
URANIUM ENERGY CORP	COM	916896103	590	329,700	SH		DFND	1,2,3	0	329,700	0
URS CORP	COM	903236107	2,328	49,300	SH		DFND	1,2,3	0	49,300	0
VALASSIS COMMUNICATIONS INC	COM	918866104	1,918	78,000	SH		DFND	1,2,3	0	78,000	0
VCA ANTECH INC	COM	918194101	1,317	50,475	SH		DFND	1,2,3	0	50,475	0
VIRTUS INVESTMENT PARTNERS	COM	92828Q109	1,374	7,795	SH		DFND	1,2,3	0	7,795	0
WALTER INDUSTRIES INC	COM	93317Q105	1,504	144,600	SH		DFND	1,2,3	0	144,600	0
WEBSTER FINANCIAL CORP	COM	947890109	1,115	43,400	SH		DFND	1,2,3	0	43,400	0
WELLCARE GROUP INC	COM	94946T106	1,578	28,410	SH		DFND	1,2,3	0	28,410	0
WET SEAL INC/THE CLASS A	CL A	961840105	289	61,300	SH		DFND	1,2,3	0	61,300	0
WILEY (JOHN) & SONS-CLASS A	CL A	968223206	433	10,800	SH		DFND	1,2,3	0	10,800	0
WPX ENERGY INC-W/I	COM	98212B103	5,628	297,175	SH		DFND	1,2,3	0	297,175	0
WSFS FINANCIAL CORP	COM	929328102	791	15,100	SH		DFND	1,2,3	0	15,100	0
XEROX CORP	COM	984121103	4,812	530,535	SH		DFND	1,2,3	0	530,535	0
XL GROUP PLC	SHS	G98290102	461	15,200	SH		DFND	1,2,3	0	15,200	0
ZOETIS INC	CL A	98978V103	685	22,185	SH		DFND	1,2,3	0	22,185	0