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, 2008
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: Kenneth W. Stecher
Title: Chief Executive Officer
Phone: (513) 870-2000
Signature, Place and Date of Signing:
/s/ Kenneth W. Stecher Fairfield, Ohio November 5, 2008
------------------------------- ---------------------- ---------------------
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
Form 13F Information Table Entry Total: 28
Form 13F Information Table Value Total 1,253,144
---------
(thousands)
List of Other Included Managers: None
COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5
ISSUER TITLE OF CLASS CUSIP FMV (000) SHARES/PRINCIPAL SH/PRN
------ --------------- --------- --------- ---------------- ------
AGL RESOURCES COMMON 001204106 11,742 374,200 SH
ARTHUR J GALLAGHER COMMON 363576109 513 20,000 SH
BB & T CORP COMMON 054937107 8,505 225,000 SH
CHEVRON CORPORATION COMMON 166764100 27,383 332,000 SH
CONOCOPHILLIPS COMMON 20825C104 7,325 100,000 SH
DUKE ENERGY CORP COMMON 26441C105 21,892 1,256,000 SH
EQUITY RESIDENTIAL CONVERTIBLE DEB 26884AAV5 1,702 1,850,000 PRN
EXXON MOBIL CORPORATION COMMON 30231G102 47,222 608,060 SH
FIFTH THIRD BANCORP COMMON 316773100 287,785 24,183,604 SH
FORTUNE BRANDS INC COMMON 349631101 37,444 652,792 SH
GENERAL ELECTRIC CO COMMON 369604103 33,579 1,316,815 SH
GENUINE PARTS CO COMMON 372460105 31,082 773,000 SH
JOHNSON & JOHNSON COMMON 478160104 90,058 1,299,915 SH
LINCOLN NATIONAL CORP COMMON 534187109 5,024 117,361 SH
LINEAR TECHNOLOGY CORP COMMON 535678106 24,350 794,200 SH
MEDTRONIC INC COMMON 585055106 34,556 689,750 SH
MEDTRONIC INC CONVERTIBLE DEB 585055AM8 2,338 2,350,000 PRN
MICROCHIP TECHNOLOGY INC COMMON 595017104 17,952 610,000 SH
MICROSOFT CORP COMMON 594918104 20,952 785,000 SH
PEPSICO INC COMMON 713448108 27,403 384,500 SH
PFIZER INC COMMON 717081103 42,440 2,301,500 SH
PIEDMONT NATURAL GAS COMMON 720186105 84,004 2,628,400 SH
PNC FINANCIAL SERVICES GROUP COMMON 693475105 160,680 2,151,000 SH
PROCTER & GAMBLE CORPORATION COMMON 742718109 87,610 1,257,140 SH
SPECTRA ENERGY CORP COMMON 847560109 1,856 78,000 SH
SYSCO CORP COMMON 871829107 14,428 468,000 SH
U S BANCORP COMMON 902973304 108,540 3,013,326 SH
WYETH COMMON 983024100 14,776 400,000 SH
---------
1,253,144
=========
COLUMN 6 COLUMN 7 COLUMN 8
ISSUER INVESTMENT DIS OTH MGRS SOLE SHARED NONE
------ -------------- ---------- -------- ------ ----
AGL RESOURCES SOLE 374,200 -- --
ARTHUR J GALLAGHER SOLE 20,000 -- --
BB & T CORP SOLE 225,000 -- --
CHEVRON CORPORATION SOLE 332,000 -- --
CONOCOPHILLIPS SOLE 100,000 -- --
DUKE ENERGY CORP SOLE 1,256,000 -- --
EQUITY RESIDENTIAL SOLE 1,850,000 -- --
EXXON MOBIL CORPORATION SOLE 608,060 -- --
FIFTH THIRD BANCORP SOLE 24,183,604 -- --
FORTUNE BRANDS INC SOLE 652,792 -- --
GENERAL ELECTRIC CO SOLE 1,316,815 -- --
GENUINE PARTS CO SOLE 773,000 -- --
JOHNSON & JOHNSON SOLE 1,299,915 -- --
LINCOLN NATIONAL CORP SOLE 117,361 -- --
LINEAR TECHNOLOGY CORP SOLE 794,200 -- --
MEDTRONIC INC SOLE 689,750 -- --
MEDTRONIC INC SOLE 2,350,000 -- --
MICROCHIP TECHNOLOGY INC SOLE 610,000 -- --
MICROSOFT CORP SOLE 785,000 -- --
PEPSICO INC SOLE 384,500 -- --
PFIZER INC SOLE 2,301,500 -- --
PIEDMONT NATURAL GAS SOLE 2,628,400 -- --
PNC FINANCIAL SERVICES GROUP SOLE 2,151,000 -- --
PROCTER & GAMBLE CORPORATION SOLE 1,257,140 -- --
SPECTRA ENERGY CORP SOLE 78,000 -- --
SYSCO CORP SOLE 468,000 -- --
U S BANCORP SOLE 3,013,326 -- --
WYETH SOLE 400,000 -- --