LOEWS CORP L
COM · Common Stock · CUSIP 540424108 · ISIN US5404241086
American conglomerate
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($47.3m this quarter). Holder counts are more reliable. Shares outstanding: 219.5m as of 2024-07-26, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $74.72. Options: 8 managers hold calls ($1.9m notional), 6 hold puts ($2.4m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 510 |
| Q4 2022 | 533 |
| Q1 2023 | 508 |
| Q2 2023 | 501 |
| Q3 2023 | 539 |
| Q4 2023 | 577 |
| Q1 2024 | 589 |
| Q2 2024 | 599 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 238 | 203 |
| Q1 2023 | 194 | 249 |
| Q2 2023 | 173 | 268 |
| Q3 2023 | 219 | 220 |
| Q4 2023 | 239 | 239 |
| Q1 2024 | 234 | 275 |
| Q2 2024 | 234 | 265 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $4.6m | $6.7m | 1.46 |
| Q4 2023 | $6.8m | $917.8k | 0.13 |
| Q1 2024 | $3.7m | $2.2m | 0.59 |
| Q2 2024 | $1.9m | $2.4m | 1.23 |
Biggest buyers
| Invesco Ltd. | Added | +836.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +401.1k |
| NORGES BANK | Added | +366.6k |
| JPMORGAN CHASE & CO | Added | +305.6k |
| TD Asset Management Inc | Added | +230.2k |
| Amundi | Added | +215.5k |
| BANK OF MONTREAL /CAN/ | Added | +182.0k |
| DIMENSIONAL FUND ADVISORS LP | Added | +161.8k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Added | +120.5k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | Added | +117.5k |
Biggest sellers
| MORGAN STANLEY | Reduced | -3.8m |
| BlackRock Inc. | Reduced | -693.8k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -329.4k |
| PRUDENTIAL FINANCIAL INC | Reduced | -240.1k |
| BARCLAYS PLC | Reduced | -227.5k |
| DEUTSCHE BANK AG\ | Reduced | -191.0k |
| DONALD SMITH & CO., INC. | Reduced | -190.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -162.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -160.8k |
| Cambria Investment Management, L.P. | Reduced | -157.4k |
Biggest calls
| CITADEL ADVISORS LLC | Unchanged | $844.6k11.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $441.0k5.9k shares |
| JANE STREET GROUP, LLC | Added | $418.5k5.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $119.0k1.6k shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | New | $52.3k700 shares |
| PEAK6 Investments LLC | New | $52.3k700 shares |
| GROUP ONE TRADING LLC | Reduced | $14.9k200 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $979.1k13.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $560.0k7.5k shares |
| PEAK6 Investments LLC | New | $455.9k6.1k shares |
| CITADEL ADVISORS LLC | Reduced | $336.3k4.5k shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | Added | $67.3k900 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| TISCH JAMES S 13D · may seek influence filed 2026-08-07 | 8.4% |
| TISCH ANDREW H 13D · may seek influence filed 2026-08-07 | 7.3% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 6.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 6 | $172.8k | — |
| Q4 2022 | 0 | — | 6 | $101.1k | — |
| Q1 2023 | 0 | — | 8 | $2.3m | — |
| Q2 2023 | 1 | $18.8m | 4 | $40.0k | $40.0k |
| Q3 2023 | 0 | — | 7 | $819.1k | $87.8k |
| Q4 2023 | 1 | $1.0m | 8 | $14.2m | $175.6k |
| Q1 2024 | 0 | — | 10 | $23.2m | $3.9m |
| Q2 2024 | 0 | — | 7 | $20.2m | $146.0k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-03 | WELTERS ANTHONY Director | Sold plan | $73.0k963 shares |
| 2024-06-03 | BERMAN ANN E Director | Sold plan | $73.0k963 shares |
| 2024-06-03 | FRIBOURG PAUL J Director | Sold plan | $73.0k963 shares |
| 2024-06-03 | HARRIS WALTER L Director | Sold plan | $73.0k963 shares |
| 2024-06-03 | DIKER CHARLES M Director | Sold plan | $73.0k963 shares |
| 2024-05-21 | SCOTT RICHARD WALDO SVP & Chief Investment Officer | Sold | $690.5k9.0k shares |
| 2024-05-17 | TISCH JONATHAN M Co-Ch. of Bd/Off. of the Pres., director | Sold | $3.9m50.0k shares |
| 2024-05-16 | TISCH JONATHAN M Co-Ch. of Bd/Off. of the Pres., director | Sold | $3.9m50.0k shares |
| 2024-05-14 | TISCH JONATHAN M Co-Ch. of Bd/Off. of the Pres., director | Sold | $3.9m50.0k shares |
| 2024-05-09 | TISCH JONATHAN M Co-Ch. of Bd/Off. of the Pres., director | Sold | $3.9m50.0k shares |
| 2024-05-08 | TISCH JONATHAN M Co-Ch. of Bd/Off. of the Pres., director | Sold | $3.9m50.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| JPMORGAN CHASE & CO 0.08% of their portfolio | 25.4m $1.9bn | Added +305.6k |
| VANGUARD GROUP INC 0.03% of their portfolio | 21.2m $1.6bn | Added +73.5k |
| BlackRock Inc. 0.03% of their portfolio | 14.8m $1.1bn | Reduced -693.8k |
| STATE STREET CORP 0.03% of their portfolio | 8.0m $597.5m | Reduced -27.0k |
| NORGES BANK 0.09% of their portfolio | 7.7m $571.9m | Added +366.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.04% of their portfolio | 4.8m $361.2m | Reduced -160.8k |
| Invesco Ltd. 0.08% of their portfolio | 4.7m $354.8m | Added +836.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 4.2m $313.9m | Reduced -10.5k |
| Allspring Global Investments Holdings, LLC 0.38% of their portfolio | 3.1m $232.7m | Reduced -146.1k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 2.7m $199.9m | Added +161.8k |
| NORTHERN TRUST CORP 0.03% of their portfolio | 2.3m $173.1m | Reduced -40.2k |
| MORGAN STANLEY 0.01% of their portfolio | 1.9m $139.9m | Reduced -3.8m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.6m $119.8m | Added +6.2k |
| Legal & General Group Plc 0.03% of their portfolio | 1.6m $119.6m | Reduced -85.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio | 1.4m $107.7m | Added +401.1k |
| Boston Partners 0.12% of their portfolio | 1.3m $96.5m | Reduced -40.1k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 1.2m $91.0m | Reduced -55.0k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 1.1m $80.9m | Added +42.3k |
| California Public Employees Retirement System 0.05% of their portfolio | 912.4k $68.2m | Reduced -77.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.06% of their portfolio | 871.7k $65.2m | Reduced -162.7k |
| AQR CAPITAL MANAGEMENT LLC 0.09% of their portfolio | 820.8k $61.3m | Added +45.2k |
| Amundi 0.02% of their portfolio | 743.9k $55.3m | Added +215.5k |
| HSBC HOLDINGS PLC 0.03% of their portfolio | 692.1k $51.8m | Added +33.1k |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 670.8k $50.1m | Reduced -191.0k |
| BARCLAYS PLC 0.02% of their portfolio | 665.1k $49.7m | Reduced -227.5k |
| Davis Selected Advisers 0.27% of their portfolio | 626.9k $46.9m | Reduced -2.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.06% of their portfolio | 624.5k $46.7m | Added +117.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 622.5k $46.5m | Added +84.6k |
| UBS Group AG 0.01% of their portfolio | 574.7k $43.0m | Reduced -64.9k |
| Swiss National Bank 0.03% of their portfolio | 559.3k $41.8m | Reduced -9.0k |
| APG Asset Management N.V. 0.07% of their portfolio | 552.2k $38.5m | Added +59.1k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 529.8k $39.6m | Reduced -57.5k |
| TD Asset Management Inc 0.04% of their portfolio | 525.9k $39.3m | Added +230.2k |
| St. James Investment Company, LLC 6.60% of their portfolio | 504.7k $37.7m | Reduced -33.7k |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 503.7k $37.6m | Added +5.9k |
| Robeco Institutional Asset Management B.V. 0.07% of their portfolio | 463.3k $34.6m | Added +14.8k |
| D. E. Shaw & Co., Inc. 0.05% of their portfolio | 447.2k $33.4m | Reduced -3.4k |
| DONALD SMITH & CO., INC. 0.75% of their portfolio | 392.4k $29.3m | Reduced -190.2k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 381.4k $28.5m | Reduced -32.1k |
| FMR LLC 0.00% of their portfolio | 366.3k $27.4m | Reduced -36.6k |
| MARTINGALE ASSET MANAGEMENT L P 0.59% of their portfolio | 366.0k $27.4m | Reduced -32.4k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 363.4k $27.2m | Reduced -19.4k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 359.7k $26.9m | Reduced -30.0k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 353.2k $27.3m | Added +182.0k |
| Swedbank AB 0.03% of their portfolio | 349.0k $26.1m | Added +47.0k |
| National Pension Service 0.03% of their portfolio | 348.6k $26.1m | Added +5.4k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 0.10% of their portfolio | 303.4k $22.7m | Reduced -13.1k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio | 295.8k $22.1m | Added +2.1k |
| Wallace Capital Management Inc. 3.12% of their portfolio | 288.4k $21.6m | Reduced -5.2k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.04% of their portfolio | 270.2k $20.2m | Reduced -25.9k |
| GABELLI FUNDS LLC 0.15% of their portfolio | 266.5k $19.9m | Reduced -3.0k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 264.7k $19.8m | Reduced -15.0k |
| EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 2.83% of their portfolio | 261.4k $19.5m | Reduced -10.7k |
| VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio | 259.5k $19.4m | Reduced -3.5k |
| Mraz, Amerine & Associates, Inc. 3.90% of their portfolio | 253.8k $19.0m | Reduced -4.1k |
| SCHWERIN BOYLE CAPITAL MANAGEMENT INC 1.98% of their portfolio | 252.3k $18.9m | Unchanged |
| Caisse de depot et placement du Quebec 0.04% of their portfolio | 247.5k $18.5m | Added +81.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 241.5k $18.1m | Added +4.2k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.02% of their portfolio | 241.5k $18.1m | Added +22.7k |
| CANADA LIFE ASSURANCE Co 0.03% of their portfolio | 229.7k $17.2m | Added +13.4k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 213.3k $15.9m | Reduced -4.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 209.9k $15.7m | Reduced -21.9k |
| AustralianSuper Pty Ltd 0.09% of their portfolio | 208.5k $15.6m | Reduced -62.7k |
| PRUDENTIAL FINANCIAL INC 0.02% of their portfolio | 204.1k $15.3m | Reduced -240.1k |
| Mitsubishi UFJ Trust & Banking Corp 0.04% of their portfolio | 202.4k $15.1m | Added +27.5k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 197.1k $14.7m | Added +44.2k |
| CITIGROUP INC 0.01% of their portfolio | 197.0k $14.7m | Added +5.1k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 194.7k $14.6m | Added +21.0k |
| LSV ASSET MANAGEMENT 0.03% of their portfolio | 179.2k $13.4m | Reduced -600 |
| LEE DANNER & BASS INC 1.03% of their portfolio | 179.0k $13.4m | First filing |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 175.7k $13.1m | Reduced -4.8k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.02% of their portfolio | 174.2k $13.0m | Added +120.5k |
| PGGM Investments 0.18% of their portfolio | 171.3k $12.8m | Added +895 |
| AXA S.A. 0.02% of their portfolio | 166.0k $12.4m | Added +29.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 165.7k $12.4m | Reduced -147.1k |
| O'Keefe Stevens Advisory, Inc. 4.12% of their portfolio | 164.8k $12.3m | Reduced -818 |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 163.3k $12.2m | Reduced -17.7k |
| Ethic Inc. 0.28% of their portfolio | 162.5k $12.1m | Added +6.0k |
| FIRST MANHATTAN CO. LLC. 0.04% of their portfolio | 162.1k $12.1m | Reduced -573 |
| Skandinaviska Enskilda Banken AB (publ) 0.06% of their portfolio | 157.2k $11.7m | Added +8.6k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.06% of their portfolio | 143.5k $10.7m | Reduced -27.8k |
| Assenagon Asset Management S.A. 0.03% of their portfolio | 142.1k $10.6m | Added +14.7k |
| Brandywine Global Investment Management, LLC 0.08% of their portfolio | 136.2k $10.2m | Added +4.5k |
| Public Sector Pension Investment Board 0.06% of their portfolio | 132.7k $9.9m | Added +1.7k |
| Fjarde AP-fonden (The Fourth Swedish National Pensionfund) 0.11% of their portfolio | 132.6k $9.9m | First filing |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 131.6k $9.8m | Reduced -2.0k |
| INTECH INVESTMENT MANAGEMENT LLC 0.12% of their portfolio | 127.4k $9.5m | Added +40.5k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 123.9k $9.3m | Reduced -13.2k |
| NISA INVESTMENT ADVISORS, LLC 0.06% of their portfolio | 122.2k $9.1m | Added +9.3k |
| LEVIN CAPITAL STRATEGIES, L.P. 0.93% of their portfolio | 117.8k $8.8m | Reduced -11.0k |
| FOUNDATION RESOURCE MANAGEMENT INC 1.38% of their portfolio | 115.8k $8.7m | Reduced -500 |
| QRG CAPITAL MANAGEMENT, INC. 0.10% of their portfolio | 113.7k $8.5m | Added +510 |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 113.5k $8.5m | Added +6.7k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 105.8k $7.9m | Added +20 |
| REINHART PARTNERS, LLC. 0.33% of their portfolio | 105.1k $7.9m | Reduced -9.5k |
| Mendota Financial Group, LLC 4.20% of their portfolio | 104.9k $7.8m | Reduced -3.8k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.02% of their portfolio | 104.7k $7.8m | Added +4.3k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 101.1k $7.6m | Reduced -329.4k |
| Hosking Partners LLP 0.28% of their portfolio | 101.0k $7.5m | Reduced -15.1k |
| Chevy Chase Trust Holdings, LLC 0.02% of their portfolio | 99.2k $7.4m | Reduced -1.8k |