SEC FORM 13F-HR

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 COVER PAGE

OMB APPROVAL
OMB Number:3235-0006
Expires:Oct 31, 2018
Estimated average burden
hours per response:23.8

Report for the Calendar Year or Quarter Ended:03-31-2017
Check here if Amendment  Amendment Number:
This Amendment (Check only one.):  is a restatement.
  adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name:LOEWS CORP
Address:667 Madison Ave
New York, NY  10065-8087
Form 13F File Number:028-00217

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:
Name:Marc Alpert
Title:Senior Vice President & General Counsel
Phone:212-521-2923
Signature, Place, and Date of Signing:
/s/ Marc AlpertNew YorkNY05-12-2017
[Signature][City, State][Date]
Loews Corporation (Loews), by virtue of its approximately 90% ownership of voting securities of CNA Financial Corporation whose business address is 333 South Wabash Avenue, Chicago, Illinois 60604 (CNA), may be deemed to have investment discretion regarding certain securities (the CNA Securities) as to which investment discretion is deemed to be exercised by CNA. CNA is reporting on behalf of Loews regarding the CNA Securities.
Report Type (Check only one.):
  13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)
  13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)
X13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File NumberName
28-346CNA Financial Corporation
Form 13F Summary Page
Report Summary:
Number of Other Included Managers:1
Form 13F Information Table Entry Total:144
Form 13F Information Table Value Total:14,780,202
(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]
No.Form 13F File NumberName
128-15068Loews MIP, Inc.

SEC FORM 13-F Information Table

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
Estimated average burden
hours per response:23.8

COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
AERCAP HOLDINGS NVCommonN0098510617,239375,000SH SOLE 375,00000
AETNA INCCommon00817Y1087145,600SH SOLE 5,60000
ALAMOS GOLD INC-CLASS ACommon0115321087,329913,634SH SOLE 913,63400
ALPHABET INC-CL CCommon02079K107332400SH SOLE 40000
AMERICAN AIRLINES GROUP INCCommon02376R10255413,100SH SOLE 13,10000
AMERICAN AIRLINES GROUP INCCommon02376R9524,230100,000SHPutSOLE 100,00000
AMERICAN INTERNATIONAL GROUPCommon0268747842704,332SH SOLE 4,33200
AMERICAN INTERNATIONAL GROUPCommon0268749542,49740,000SHPutSOLE 40,00000
ANADARKO PETROLEUM CORPCommon03251110770111,300SH SOLE 11,30000
ANTHEM INCCommon0367521039,93960,100SH SOLE 60,10000
ARC DOCUMENT SOLUTIONS INCCommon00191G1034111,995SH SOLE 11,99500
ASANKO GOLD INCCommon04341Y1055,7512,193,787SH SOLE 2,193,78700
ATHENE HOLDING LTD-CLASS ACommonG0684D1072254,500SH SOLE 4,50000
AVNET INCCommon0538071033347,300SH SOLE 7,30000
AXALTA COATING SYSTEMS LTDCommonG0750c10817,127531,900SH SOLE 531,90000
BANK OF AMERICA CORPCommon06050510431713,448SH SOLE 13,44800
BANK OF AMERICA CORPWarrant0605051532,949125,000SH SOLE 125,00000
BANK OF NEW YORK MELLON CORPCommon0640589504,723100,000SHPutSOLE 100,00000
BARRICK GOLD CORPCommon0679011084,092215,495SH SOLE 215,49500
BARRICK GOLD CORPCommon0679019089,495500,000SHCallSOLE 500,00000
BARRICK GOLD CORPCommon0679019589,495500,000SHPutSOLE 500,00000
BRISTOL-MYERS SQUIBB COCommon1101229583,26360,000SHPutSOLE 60,00000
BROOKDALE SENIOR LIVING INCCommon11246310430822,943SH SOLE 22,94300
BWP COMMON UNITSCommon0966271042,299,482125,586,133SH SOLE 125,586,13300
CALATLANTIC GROUP INCCommon12819510448713,000SH SOLE 13,00000
CALPINE CORPCommon1313473044,696425,000SH SOLE 425,00000
CAMECO CORPCommon13321L95888680,000SHPutSOLE 80,00000
CAPITAL ONE FINANCIAL CORPCommon14040H1052572,961SH SOLE 2,96100
CARMAX INCCommon1431301025,68596,000SH SOLE 96,00000
CARMAX INCCommon1431309525,922100,000SHPutSOLE 100,00000
CENOVUS ENERGY INCCommon15135U10921519,048SH SOLE 19,04800
CIGNA CORPCommon1255091092211,509SH SOLE 1,50900
CISCO SYSTEMS INCCommon17275R10215,210450,000SH SOLE 450,00000
CITIGROUP INCCommon1729674241,09018,218SH SOLE 18,21800
CLOUD PEAK ENERGY INCCommon18911Q1024,8091,050,000SH SOLE 1,050,00000
CNA FINANCIAL CORPCommon12611710010,717,840242,649,773SH SOLE 242,649,77300
CNO FINANCIAL GROUP INCCommon12621E10331815,500SH SOLE 15,50000
COGNIZANT TECH SOLUTIONS-ACommon1924461022974,990SH SOLE 4,99000
COMCAST CORP-CLASS ACommon20030N1012637,000SH SOLE 7,00000
COMSTOCK MINING INCCommon2057501023551,584,982SH SOLE 1,584,98200
COMTECH TELECOMMUNICATIONSCommon20582620925217,110SH SOLE 17,11000
CONSTELLATION BRANDS INC-ACommon21036P9586,48340,000SHPutSOLE 40,00000
COVANTA HOLDING CORPCommon22282E1021,04566,534SH SOLE 66,53400
CSX CORPCommon1264081033728,000SH SOLE 8,00000
DELTA AIR LINES INCCommon24736170266714,510SH SOLE 14,51000
DEVON ENERGY CORPCommon25179M10343010,300SH SOLE 10,30000
DIAMOND OFFSHORE DRILLINGCommon25271C1021,221,81973,119,047SH SOLE 73,119,04700
DOLLAR GENERAL CORPCommon25667710510,460150,000SH SOLE 150,00000
DOVER CORPCommon2600031082372,950SH SOLE 2,95000
DOW CHEMICAL CO/THECommon2605431034086,415SH SOLE 6,41500
DYNEGY INCCommon26817R1081,100140,000SH SOLE 140,00000
EATON CORP PLCCommonG291831034786,440SH SOLE 6,44000
ELI LILLY & COCommon5324579583,36440,000SHPutSOLE 40,00000
EOG RESOURCES INCCommon26875P1013123,200SH SOLE 3,20000
EXETER RESOURCE CORPCommon3018351047,1674,148,421SH SOLE 4,148,42100
EXPRESS SCRIPTS HOLDING COCommon30219G10833,285505,000SH SOLE 505,00000
EZCORP INC-CL ACommon30230110610212,491SH SOLE 12,49100
FEDEX CORPCommon31428X1066933,550SH SOLE 3,55000
FIRST CITIZENS BCSHS -CL ACommon31946M103231690SH SOLE 69000
FIRST HORIZON NATIONAL CORPCommon32051710528415,373SH SOLE 15,37300
FORD MOTOR COCommon34537086017314,875SH SOLE 14,87500
FRANKLIN RESOURCES INCCommon3546131012736,486SH SOLE 6,48600
GENERAL MOTORS CO.Common37045V1009,023255,180SH SOLE 255,18000
GENERAL MOTORS CO.Warrant37045V1261,44340,800SH SOLE 40,80000
GOLAR LNG LTDCommonG9456A10029210,438SH SOLE 10,43800
GOLDCORP INCCommon3809564091,459100,000SH SOLE 100,00000
GOLDMAN SACHS GROUP INCCommon38141G1045792,519SH SOLE 2,51900
GOVERNMENT PROPERTIES INCOMECommon38376A10324111,526SH SOLE 11,52600
GRANITE REAL ESTATE INVESTMENTCommon3874371143269,345SH SOLE 9,34500
HALLIBURTON COCommon4062169514,921100,000SHPutSOLE 100,00000
HARSCO CORPCommon41586410715111,845SH SOLE 11,84500
HCA HOLDINGS INCCommon40412C10111,124125,000SH SOLE 125,00000
HCA HOLDINGS INCCommon40412C9519,789110,000SHPutSOLE 110,00000
HERTZ GLOBAL HOLDINGS INCCommon42806J10622,4461,279,700SH SOLE 1,279,70000
HEWLETT PACKARD ENTERPRISCommon42824C10935915,158SH SOLE 15,15800
ICONIX BRAND GROUP INCCommon45105510718724,801SH SOLE 24,80100
ILLUMINA INCCommon4523279593,41320,000SHPutSOLE 20,00000
INFINERA CORPCommon45667G1034,399430,000SH SOLE 430,00000
INFINERA CORPCommon45667G9531,944190,000SHPutSOLE 190,00000
INNOSPEC INCCommon45768S1053305,092SH SOLE 5,09200
JIVE SOFTWARE INCCommon47760A1084911,304SH SOLE 11,30400
JPMORGAN CHASE & COCommon46625H1001,01111,506SH SOLE 11,50600
KBR INCCommon48242W10641827,813SH SOLE 27,81300
KINROSS GOLD CORPCommon4969024045,5781,583,497SH SOLE 1,583,49700
LAMAR ADVERTISING CO-ACommon5128161092343,125SH SOLE 3,12500
LIBERTY INTERACTIVE CORP Q-ACommon53071M1046,006300,000SH SOLE 300,00000
LINCOLN NATIONAL CORPCommon53418710988413,500SH SOLE 13,50000
LKQ CORPCommon50188920810,684365,000SH SOLE 365,00000
LYONDELLBASELL INDU-CL ACommonN537451008,25390,500SH SOLE 90,50000
LYONDELLBASELL INDU-CL ACommonN537459505,47160,000SHPutSOLE 60,00000
MACY'S INCCommon55616P9541,18640,000SHPutSOLE 40,00000
MAG SILVER CORPCommon55903Q1042,082159,203SH SOLE 159,20300
MARATHON PETROLEUM CORPCommon56585A10216,173320,000SH SOLE 320,00000
MASONITE INTERNATIONAL CORPCommon5753851092132,682SH SOLE 2,68200
MCKESSON CORPCommon58155Q1032531,708SH SOLE 1,70800
METLIFE INCCommon59156R1082394,525SH SOLE 4,52500
MICROSOFT CORPCommon59491810410,274156,000SH SOLE 156,00000
MICROSOFT CORPCommon5949189543,95260,000SHPutSOLE 60,00000
MORGAN STANLEYCommon6174464482956,892SH SOLE 6,89200
MTS SYSTEMS CORPCommon5537771037,432135,000SH SOLE 135,00000
MURPHY OIL CORPCommon62671710231711,080SH SOLE 11,08000
NEW SENIOR INVESTMENT GROUPCommon64869110321621,190SH SOLE 21,19000
NOVAGOLD RESOURCES INCCommon66987E2066413,166SH SOLE 13,16600
OMNICOM GROUPCommon6819191062693,125SH SOLE 3,12500
ON SEMICONDUCTOR CORPCommon68218910535923,165SH SOLE 23,16500
ORACLE CORPCommon68389X1051,12525,212SH SOLE 25,21200
PAN AMERICAN SILVER CORPCommon69790010823613,486SH SOLE 13,48600
PARK STERLING CORPCommon70086Y10524119,615SH SOLE 19,61500
PFIZER INCCommon7170811039,506277,877SH SOLE 277,87700
PFIZER INCCommon7170819533,421100,000SHPutSOLE 100,00000
PNC FINANCIAL SERVICES GROUPCommon6934759553,60730,000SHPutSOLE 30,00000
PRETIUM RESOURCES INCCommon74139C10210,8411,012,145SH SOLE 1,012,14500
PROCTER & GAMBLE CO/THECommon7427189593,59440,000SHPutSOLE 40,00000
REALOGY HOLDINGS CORPCommon75605Y10620,406685,000SH SOLE 685,00000
REINSURANCE GROUP OF AMERICACommon7593516043873,050SH SOLE 3,05000
ROYAL DUTCH SHELL-SPON ADR-ACommon7802592063727,052SH SOLE 7,05200
SCHWAB CHARLES CORPCommon8085139556,122150,000SHPutSOLE 150,00000
SCIENCE APPLICATIONS INTECommon8086251072273,054SH SOLE 3,05400
SILVER STANDARD RESOURCESCommon82823L1064,383413,118SH SOLE 413,11800
SITEONE LANDSCAPE SUPPLY INCCommon82982L1037,499154,900SH SOLE 154,90000
SOTHEBY'SCommon8358989574,548100,000SHPutSOLE 100,00000
SPDR S&P 500 ETF TRUSTCommon78462F10330,835130,800SH SOLE 130,80000
STAPLES INCCommon85503010220623,523SH SOLE 23,52300
SUPERIOR ENERGY SERVICES INCCommon86815710814410,105SH SOLE 10,10500
TARGET CORPCommon87612E9563,31160,000SHPutSOLE 60,00000
TEEKAY TANKERS LTD-CLASS ACommonY8565N10215374,790SH SOLE 74,79000
TEREX CORPCommon88077910341413,175SH SOLE 13,17500
THE WALT DISNEY CO.Common2546879566,80360,000SHPutSOLE 60,00000
TIME WARNER INCCommon8873179535,86360,000SHPutSOLE 60,00000
TIMMINS GOLD CORPCommon88741P1034921,308,915SH SOLE 1,308,91500
TRAVELERS COS INCCommon89417E1094763,950SH SOLE 3,95000
TUPPERWARE BRANDS CORPCommon8998961042253,582SH SOLE 3,58200
UBS GROUP AG-REGCommonH4209710716910,625SH SOLE 10,62500
VIRTUS INVESTMENT PARTNERSCommon92828Q1093803,587SH SOLE 3,58700
VISTA GOLD CORPCommon9279263033,2673,203,217SH SOLE 3,203,21700
VORNADO REALTY TRUSTCommon9290421093143,127SH SOLE 3,12700
VOYA FINANCIAL INCCommon9290891002967,805SH SOLE 7,80500
WALGREENS BOOTS ALLIANCE INCCommon93142795811,627140,000SHPutSOLE 140,00000
WAL-MART STORES INCCommon9311421032072,875SH SOLE 2,87500
WESTERN DIGITAL CORPCommon95810210514,435174,910SH SOLE 174,91000
WESTERN DIGITAL CORPCommon9581029052,06325,000SHCallSOLE 25,00000
WHIRLPOOL CORPCommon9633201062401,400SH SOLE 1,40000
WILLIS TOWERS WATSON PLCCommonG9662910317,670135,000SH SOLE 135,00000
WPX ENERGY INCCommon98212B10316612,400SH SOLE 12,40000