Loews (L)

• Market cap: $18B
• 1 day: 1.87%
• 5 days: -0.94%
• 1 month: -1.54%
• 3 months: 5.92%
• 6 months: 8.82%
• Year to date: 18.07%
• 1 year: 22.14%
• 5 years: 61.03%
• 10 years: 97.27%
• Sector: Financials
• Industry: Fire, Marine & Casualty Insurance

About: Loews Corp is a holding company that is supported by a variety of businesses. Its majority revenue generating subsidiary is CNA Financial Corporation, a property and casualty insurance company. CNA's services include risk management, information services, and warranty and claims administration. Loews also maintains an operation of offshore oil and gas drilling rigs through Diamond Offshore Drilling, Inc. The company engages in the transportation and storage of natural gas and natural gas liquids and gathering and processing of natural gas through Boardwalk Pipeline Partners, LP. Loews also operates a chain of hotels.

Employees: 12,280

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

16% more call options, than puts

Call options by funds: $2.69M | Put options by funds: $2.31M

5% more first-time investments, than exits

New positions opened: 58 | Existing positions closed: 55

1% more funds holding

Funds holding: 589 [Q2] → 592 (+3) [Q3]

3% less capital invested

Capital invested by funds: $9.77B [Q2] → $9.52B (-$253M) [Q3]

4% less repeat investments, than reductions

Existing positions increased: 198 | Existing positions reduced: 206

4.69% less ownership

Funds ownership: 59.08% [Q2] → 54.39% (-4.69%) [Q3]

25% less funds holding in top 10

Funds holding in top 10: 8 [Q2] → 6 (-2) [Q3]