UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 2010
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: Cincinnati Financial Corporation
Address: 6200 South Gilmore Road
Fairfield, Ohio 45014
13F File Number: 028-10798
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 the Report on Behalf of Reporting Manager:
Name: Martin F. Hollenbeck
Title: Chief Investment Officer
Phone: (513) 870-2000
Signature, Place and Date of Signing:
/s/ Martin F. Hollenbeck Fairfield, Ohio November 9, 2010
------------------------ --------------- ----------------
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).)
[X] 13F 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:
No. File No. Name
01 28-10753 The Cincinnati Insurance Company
02 28-10754 The Cincinnati Life Insurance Company
03 28-10755 The Cincinnati Casualty Company
04 28-10756 The Cincinnati Indemnity Company
05 28-12741 The Cincinnati Specialty Underwriters Insurance Company
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers 0
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Form 13F Information Table Entry Total: 59
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Form 13F Information Table Value Total 726,213
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(thousands)
List of Other Included Managers: None
Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
Issuer Title of Class Cusip FMV (000) Shares SH Investment Oth Mgrs Sole Shared None
/Principal /PRN Dis
3M CO COMMON 88579Y101 16,388 189,000 SH SOLE 189,000 - -
ABBOTT LABORATORIES COMMON 002824100 11,378 217,800 SH SOLE 217,800 - -
AGL RESOURCES INC COMMON 001204106 24,397 635,997 SH SOLE 635,997 - -
AMERIGAS PARTNERS-LP COMMON 030975106 354 7,900 SH SOLE 7,900 - -
AT&T INC COMMON 00206R102 15,501 542,000 SH SOLE 542,000 - -
AUTOMATIC DATA PROCESSING COMMON 053015103 4,203 100,000 SH SOLE 100,000 - -
BAXTER INTERNATIONAL INC COMMON 071813109 11,212 235,000 SH SOLE 235,000 - -
BLACKROCK INC COMMON 09247X101 5,959 35,000 SH SOLE 35,000 - -
BOARDWALK PIPELINE PARTNERS COMMON 096627104 516 15,800 SH SOLE 15,800 - -
BUCKEYE PARTNERS LP COMMON 118230101 768 12,100 SH SOLE 12,100 - -
CHEVRON CORP COMMON 166764100 26,909 332,000 SH SOLE 332,000 - -
CLOROX COMPANY COMMON 189054109 20,066 300,573 SH SOLE 300,573 - -
CONOCOPHILLIPS COMMON 20825C104 5,743 100,000 SH SOLE 100,000 - -
COPANO ENERGY LLC-UNITS COMMON 217202100 419 15,300 SH SOLE 15,300 - -
DOVER CORP COMMON 260003108 44,055 843,800 SH SOLE 843,800 - -
DUKE ENERGY CORP COMMON 26441C105 22,244 1,256,000 SH SOLE 1,256,000 - -
EMERSON ELECTRIC CO COMMON 291011104 14,315 271,845 SH SOLE 271,845 - -
ENBRIDGE ENERGY PARTNERS LP COMMON 29250R106 1,007 18,000 SH SOLE 18,000 - -
ENERGY TRANSFER EQUITY LP COMMON 29273V100 1,036 27,900 SH SOLE 27,900 - -
ENERGY TRANSFER PARTNERS LP COMMON 29273R109 1,477 30,600 SH SOLE 30,600 - -
ENTERPRISE GP HOLDINGS COMMON 293716106 440 7,500 SH SOLE 7,500 - -
ENTERPRISE PRODUCTS PARTNERS COMMON 293792107 4,146 104,500 SH SOLE 104,500 - -
FRONTIER COMMUNICATIONS CORP COMMON 35906A108 1,339 163,875 SH SOLE 163,875 - -
GENUINE PARTS CO COMMON 372460105 36,698 823,000 SH SOLE 823,000 - -
HONEYWELL INTERNATIONAL INC COMMON 438516106 41,633 947,500 SH SOLE 947,500 - -
INERGY LP COMMON 456615103 591 14,900 SH SOLE 14,900 - -
INTEL CORP COMMON 458140100 9,229 480,700 SH SOLE 480,700 - -
INTL BUSINESS MACHINES CORP COMMON 459200101 22,804 170,000 SH SOLE 170,000 - -
JOHNSON & JOHNSON COMMON 478160104 26,333 425,000 SH SOLE 425,000 - -
KINDER MORGAN ENERGY PRTNRS COMMON 494550106 3,165 46,200 SH SOLE 46,200 - -
LINEAR TECHNOLOGY CORP COMMON 535678106 24,406 794,200 SH SOLE 794,200 - -
LINN ENERGY LLC-UNITS COMMON 536020100 1,007 31,500 SH SOLE 31,500 - -
MAGELLAN MIDSTREAM PARTNERS COMMON 559080106 1,333 25,900 SH SOLE 25,900 - -
MARKWEST ENERGY PARTNERS LP COMMON 570759100 517 14,400 SH SOLE 14,400 - -
MCDONALD'S CORP COMMON 580135101 33,354 447,638 SH SOLE 447,638 - -
MEDTRONIC INC COMMON 585055106 23,162 689,750 SH SOLE 689,750 - -
MEDTRONIC INC CONVERTIBLE DEB 585055AK2 1,898 1,900,000 PRN SOLE - - -
MEDTRONIC INC CONVERTIBLE DEB 585055AM8 2,347 2,350,000 PRN SOLE - - -
MERIDIAN BIOSCIENCE INC COMMON 589584101 17,059 780,000 SH SOLE 780,000 - -
MICROCHIP TECHNOLOGY INC COMMON 595017104 19,185 610,000 SH SOLE 610,000 - -
MICROSOFT CORP COMMON 594918104 21,674 885,000 SH SOLE 885,000 - -
NUSTAR ENERGY LP COMMON 67058H102 735 11,900 SH SOLE 11,900 - -
ONEOK PARTNERS LP COMMON 68268N103 1,079 14,400 SH SOLE 14,400 - -
PAYCHEX INC COMMON 704326107 21,992 800,000 SH SOLE 800,000 - -
PEPSICO INC COMMON 713448108 50,461 759,500 SH SOLE 759,500 - -
PFIZER INC COMMON 717081103 6,765 394,000 SH SOLE 394,000 - -
PLAINS ALL AMER PIPELINE LP COMMON 726503105 1,711 27,200 SH SOLE 27,200 - -
PRAXAIR INC COMMON 74005P104 10,199 113,000 SH SOLE 113,000 - -
PROCTER & GAMBLE CO/THE COMMON 742718109 2,993 49,900 SH SOLE 49,900 - -
REGENCY ENERGY PARTNERS LP COMMON 75885Y107 401 16,400 SH SOLE 16,400 - -
RPM INTERNATIONAL INC COMMON 749685103 16,429 824,725 SH SOLE 824,725 - -
SPECTRA ENERGY CORP COMMON 847560109 4,418 195,900 SH SOLE 195,900 - -
SUBURBAN PROPANE PARTNERS LP COMMON 864482104 452 8,300 SH SOLE 8,300 - -
SUNOCO LOGISTICS PARTNERS LP COMMON 86764L108 401 5,100 SH SOLE 5,100 - -
SYSCO CORP COMMON 871829107 27,910 978,613 SH SOLE 978,613 - -
TC PIPELINES LP COMMON 87233Q108 330 7,100 SH SOLE 7,100 - -
VERIZON COMMUNICATIONS INC COMMON 92343V104 22,249 682,700 SH SOLE 682,700 - -
WAL-MART STORES INC COMMON 931142103 37,007 691,464 SH SOLE 691,464 - -
WILLIAMS PARTNERS LP COMMON 96950F104 420 9,900 SH SOLE 9,900 - -
726,213
