WEDGE Capital Management L.L.P.
2920 One First Union Center Charlotte NC 28202-6002
Bradley W. Horstmann (704) 334-6475 Executive Vice President
The institutional investment manager submitting this form and
its attachments and the person by whom it is signed represent
hereby that all information contained herein is true, correct and
complete. It is understood that all required items, statements
and schedules are considered integral parts of this form and that
the submission of any amendment represents that all unamended
items, statements and schedules remain true , correct and
and complete as previously submitted.
Persuant to the requirements of Securities and Exchange Act
of 1934, the undersigned institutional investment manager
has caused this report to be signed on its behalf in the city
of Charlotte and State of North Carolina on the 12th day of April,
2000.
WEDGE Capital Management L.L.P.
Bradley W. Horstmann
<TABLE>
FORM 13F
<CAPTION>
REPORTING MANAGER : WEDGE CAPITAL MANAGEMENT L.L.P.
REPORTING DATE: MARCH 31, 2000
ISSUER NAME CLASS TITLE CUSIP VALUE(K)SH/P AMT SH/PRN P/C INV DSC MGRS SOLE SHRD NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AES CORP COMMON 00130H105 34723 440925SH SOLE 0 440925 0
AK STL HLDG CORP COMMON 01547108 6016 579850SH SOLE 0 579850 0
AMR CORP COMMON 01765106 67 2100SH SOLE 0 2100 0
ARM FINL GROUP INC CL A 01944107 0 500SH SOLE 0 500 0
AVX CORP NEW COMMON 02444107 129 1700SH SOLE 0 1700 0
ACX TECHNOLOGIES INC COMMON 05123104 121 29401SH SOLE 0 29401 0
ADTRAN INC COMMON 00738A106 119 2000SH SOLE 0 2000 0
ADVANCED MICRO DEVICES I COMMON 07903107 154 2700SH SOLE 0 2700 0
AGILENT TECHNOLOGIES INC COMMON 00846U101 104 1000SH SOLE 0 1000 0
AIR PRODS & CHEMS INC COMMON 09158106 23 800SH SOLE 0 800 0
AKZO NOBEL NV DEPOSITORY RECEI 10199305 22 500SH SOLE 0 500 0
ALASKA AIR GROUP INC COMMON 11659109 311 10350SH SOLE 0 10350 0
ALCOA INC COMMON 13817101 53566 762500SH SOLE 0 762500 0
ALLEGHENY ENERGY INC COMMON 17361106 102 3700SH SOLE 0 3700 0
ALLEGHENY TELEDYNE INC COMMON 17415100 94 6600SH SOLE 0 6600 0
ALLMERICA FINL CORP COMMON 19754100 40397 792100SH SOLE 0 792100 0
ALLSTATE CORP COMMON 20002101 49872 2094350SH SOLE 0 2094350 0
ALLTRISTA CORP COMMON 20040101 6840 302300SH SOLE 0 302300 0
ALTERA CORP COMMON 21441100 134 1500SH SOLE 0 1500 0
AMBAC FINL GROUP INC COMMON 23139108 91 1800SH SOLE 0 1800 0
AMERICAN GREETINGS CORP CL A 26375105 7227 396000SH SOLE 0 396000 0
AMKOR TECHNOLOGY INC COMMON 31652100 127 2400SH SOLE 0 2400 0
ANALOG DEVICES INC COMMON 32654105 129 1600SH SOLE 0 1600 0
APPLIED MATLS INC COMMON 38222105 132 1400SH SOLE 0 1400 0
ASHLAND INC COMMON 44204105 190 5700SH SOLE 0 5700 0
ASSOCIATED BANC CORP COMMON 45487105 7 238SH SOLE 0 238 0
ATMEL CORP COMMON 49513104 139 2700SH SOLE 0 2700 0
AUTODESK INC COMMON 52769106 8447 185650SH SOLE 0 185650 0
AVON PRODS INC COMMON 54303102 39454 1348850SH SOLE 0 1348850 0
BJS WHOLESALE CLUB INC COMMON 05548J106 88 2300SH SOLE 0 2300 0
BANK OF AMERICA CORP COMMON 60505104 54507 1039475SH SOLE 0 1039475 0
BANK ONE CORP COMMON 06423A103 128 3700SH SOLE 0 3700 0
BARD C R INC COMMON 67383109 85 2200SH SOLE 0 2200 0
BAUSCH & LOMB INC COMMON 71707103 18092 346675SH SOLE 0 346675 0
BECTON DICKINSON & CO COMMON 75887109 41773 1587575SH SOLE 0 1587575 0
BELDEN INC COMMON 77459105 18882 686600SH SOLE 0 686600 0
BEMIS INC COMMON 81437105 22 600SH SOLE 0 600 0
BESTFOODS COMMON 08658U101 60297 1288050SH SOLE 0 1288050 0
BLACK & DECKER CORP COMMON 91797100 49217 1310275SH SOLE 0 1310275 0
BLOUNT INTL INC NEW COMMON 95180105 4 324SH SOLE 0 324 0
BORG-WARNER AUTOMOTIVE I COMMON 99724106 17112 434600SH SOLE 0 434600 0
BRIGGS & STRATTON CORP COMMON 109043109 4055 98600SH SOLE 0 98600 0
BRINKER INTL INC COMMON 109641100 95 3200SH SOLE 0 3200 0
BRITISH AMERN TOB PLC DEPOSITORY RECEI 110448107 101 9500SH SOLE 0 9500 0
BROWNING FERRIS INDS COMMON 115885105 31 700SH SOLE 0 700 0
BURLINGTON COAT FACTORY COMMON 121579106 21238 1235660SH SOLE 0 1235660 0
BURLINGTON NORTHN SANTA COMMON 12189T104 237 10400SH SOLE 0 10400 0
BURLINGTON RES INC COMMON 122014103 43185 1167150SH SOLE 0 1167150 0
BURR BROWN CORP COMMON 122574106 131 2400SH SOLE 0 2400 0
CMS ENERGY CORP COMMON 125896100 901 49705SH SOLE 0 49705 0
CSX CORP COMMON 126408103 16 700SH SOLE 0 700 0
CADBURY SCHWEPPES PLC DEPOSITORY RECEI 127209302 99 3500SH SOLE 0 3500 0
CAMPBELL SOUP CO COMMON 134429109 86 2800SH SOLE 0 2800 0
CANADIAN NATL RY CO COMMON 136375102 3708 138950SH SOLE 0 138950 0
CARPENTER TECHNOLOGY COR COMMON 144285103 12729 611600SH SOLE 0 611600 0
CATELLUS DEV CORP COMMON 149111106 87 6300SH SOLE 0 6300 0
CENTRAL NEWSPAPERS INC CL A 154647101 84 2500SH SOLE 0 2500 0
CHARTER ONE FINL INC COMMON 160903100 92 4400SH SOLE 0 4400 0
CHASE MANHATTAN CORP NEW COMMON 16161A108 262 3000SH SOLE 0 3000 0
CINERGY CORP COMMON 172474108 7413 344800SH SOLE 0 344800 0
CIRCUIT CITY STORE INC CIRCT CITY GRP 172737108 103 1700SH SOLE 0 1700 0
CLAIRES STORES INC COMMON 179584107 23587 1175700SH SOLE 0 1175700 0
COASTAL CORP COMMON 190441105 230 5000SH SOLE 0 5000 0
COMDISCO INC COMMON 200336105 26 600SH SOLE 0 600 0
COMMERCIAL INTERTECH COR COMMON 201709102 6 300SH SOLE 0 300 0
COMMUNITY FIRST BANKSHAR COMMON 203902101 7629 476800SH SOLE 0 476800 0
COMPAQ COMPUTER CORP COMMON 204493100 55814 2067184SH SOLE 0 2067184 0
CONECTIV INC COMMON 206829103 114 6500SH SOLE 0 6500 0
CONSOLIDATED EDISON INC COMMON 209115104 96 3300SH SOLE 0 3300 0
CONSOLIDATED PAPERS INC COMMON 209759109 19 500SH SOLE 0 500 0
CONSTELLATION ENERGY COR COMMON 210371100 83 2600SH SOLE 0 2600 0
COOPER INDS INC COMMON 216669101 67 1900SH SOLE 0 1900 0
COORS ADOLPH CO CL B 217016104 96 2000SH SOLE 0 2000 0
COORSTEK INC COMMON 217020106 6443 160072SH SOLE 0 160072 0
CUMMINS ENGINE INC COMMON 231021106 4124 109800SH SOLE 0 109800 0
CYPRESS SEMICONDUCTOR CO COMMON 232806109 123 2500SH SOLE 0 2500 0
DPL INC COMMON 233293109 98 4400SH SOLE 0 4400 0
DTE ENERGY CO COMMON 233331107 90 3100SH SOLE 0 3100 0
DALLAS SEMICONDUCTOR COR COMMON 235204104 113 3100SH SOLE 0 3100 0
DELUXE CORP COMMON 248019101 66 2500SH SOLE 0 2500 0
DENTSPLY INTL INC NEW COMMON 249030107 94 3300SH SOLE 0 3300 0
DIAGEO P L C DEPOSITORY RECEI 25243Q205 90 3000SH SOLE 0 3000 0
DISNEY WALT CO COM DISNEY 254687106 74 1800SH SOLE 0 1800 0
DOLE FOOD INC COMMON 256605106 40172 2066750SH SOLE 0 2066750 0
DOLLAR TREE STORES INC COMMON 256747106 99 1900SH SOLE 0 1900 0
DONNELLEY R R & SONS CO COMMON 257867101 61 2900SH SOLE 0 2900 0
DOW CHEM CO COMMON 260543103 23 200SH SOLE 0 200 0
DOW JONES & CO INC COMMON 260561105 79 1100SH SOLE 0 1100 0
DUKE ENERGY CORP COMMON 264399106 56956 1084871SH SOLE 0 1084871 0
DUKE WEEKS REALTY CORP COM NEW 264411505 8516 445300SH SOLE 0 445300 0
DYNEGY INC NEW CL A 26816Q101 34110 543693SH SOLE 0 543693 0
E M C CORP MASS COMMON 268648102 126 1000SH SOLE 0 1000 0
ENI S P A DEPOSITORY RECEI 26874R108 183 3600SH SOLE 0 3600 0
EOG RES INC COMMON 26875P101 18313 864325SH SOLE 0 864325 0
EASTMAN CHEM CO COMMON 277432100 23 500SH SOLE 0 500 0
EATON CORP COMMON 278058102 62 800SH SOLE 0 800 0
EDWARDS AG INC COMMON 281760108 84 2100SH SOLE 0 2100 0
EL PASO ENERGY CORP DEL COMMON 283905107 63588 1574925SH SOLE 0 1574925 0
ELCOR CORP COMMON 284443108 10250 297100SH SOLE 0 297100 0
ENERGY EAST CORP COMMON 29266M109 91 4600SH SOLE 0 4600 0
ENRON CORP COMMON 293561106 943 12600SH SOLE 0 12600 0
ENTERGY CORP NEW COMMON 29364G103 105 5200SH SOLE 0 5200 0
ERICSSON L M TEL CO DEPOSITORY RECEI 294821400 131 1400SH SOLE 0 1400 0
EXXON MOBIL CORP COMMON 30231G102 47181 605365SH SOLE 0 605365 0
F M C CORP COM NEW 302491303 15497 274283SH SOLE 0 274283 0
FPIC INS GROUP INC COMMON 302563101 7 400SH SOLE 0 400 0
FEDERATED DEPT STORES IN COMMON 31410H101 85 2000SH SOLE 0 2000 0
FINANCIAL SEC ASSURN HLD COMMON 31769P100 88 1200SH SOLE 0 1200 0
FIRST UN CORP COMMON 337358105 89 2400SH SOLE 0 2400 0
FIRSTENERGY CORP COMMON 337932107 101 4900SH SOLE 0 4900 0
FLEETWOOD ENTERPRISES IN COMMON 339099103 6744 457200SH SOLE 0 457200 0
FLORIDA PROGRESS CORP COMMON 341109106 96 2100SH SOLE 0 2100 0
FLOWERS INDS INC COMMON 343496105 6458 425200SH SOLE 0 425200 0
FORD MTR CO DEL COMMON 345370100 26340 573390SH SOLE 0 573390 0
GATX CORP COMMON 361448103 4281 112650SH SOLE 0 112650 0
GPU INC COMMON 36225X100 104 3800SH SOLE 0 3800 0
GABLES RESIDENTIAL TR SH BEN INT 362418105 7459 331500SH SOLE 0 331500 0
GENERAL MTRS CORP COMMON 370442105 83 1000SH SOLE 0 1000 0
GLOBAL INDS LTD COMMON 379336100 151 10300SH SOLE 0 10300 0
GOLDEN WEST FINL CORP DE COMMON 381317106 84 2700SH SOLE 0 2700 0
GOODRICH B F CO COMMON 382388106 114 3982SH SOLE 0 3982 0
GOODYEAR TIRE & RUBR CO COMMON 382550101 87 3750SH SOLE 0 3750 0
GRACO INC COMMON 384109104 9158 315787SH SOLE 0 315787 0
GREAT LAKES CHEM CORP COMMON 390568103 20 600SH SOLE 0 600 0
GREENPOINT FINL CORP COMMON 395384100 92 4700SH SOLE 0 4700 0
GRIFFON CORP COMMON 398433102 7015 897900SH SOLE 0 897900 0
GTECH HLDGS CORP COMMON 400518106 4021 216600SH SOLE 0 216600 0
HARSCO CORP COMMON 415864107 58 2000SH SOLE 0 2000 0
HELLER FINANCIAL INC CL A 423328103 104 4500SH SOLE 0 4500 0
HOME DEPOT INC COMMON 437076102 90 1400SH SOLE 0 1400 0
HORMEL FOODS CORP COMMON 440452100 3611 219700SH SOLE 0 219700 0
HUSSMANN INTL INC COMMON 448110106 6979 550100SH SOLE 0 550100 0
IBP INC COMMON 449223106 8 500SH SOLE 0 500 0
IMC GLOBAL INC COMMON 449669100 5259 358050SH SOLE 0 358050 0
IDACORP INC COMMON 451107106 6331 182200SH SOLE 0 182200 0
INGERSOLL-RAND CO COMMON 456866102 55239 1248350SH SOLE 0 1248350 0
INTEL CORP COMMON 458140100 132 1000SH SOLE 0 1000 0
INTERNATIONAL HOME FOODS COMMON 459655106 83 5200SH SOLE 0 5200 0
INTERSTATE BAKERIES CORP COMMON 46072H108 14954 1049400SH SOLE 0 1049400 0
JACOBS ENGR GROUP INC DE COMMON 469814107 19740 619300SH SOLE 0 619300 0
JOHNSON & JOHNSON COMMON 478160104 21593 307375SH SOLE 0 307375 0
JOHNSON CTLS INC COMMON 478366107 54 1000SH SOLE 0 1000 0
KELLOGG CO COMMON 487836108 93 3600SH SOLE 0 3600 0
KEMET CORP COMMON 488360108 114 1800SH SOLE 0 1800 0
KIMBERLY CLARK CORP COMMON 494368103 61505 1097075SH SOLE 0 1097075 0
KONINKLIJKE PHILIPS ELEC DEPOSITORY RECEI 500472204 40915 238835SH SOLE 0 238835 0
LNR PPTY CORP COMMON 501940100 4270 224000SH SOLE 0 224000 0
LAFARGE CORP COMMON 505862102 6524 274700SH SOLE 0 274700 0
LANDSTAR SYS INC COMMON 515098101 31016 566500SH SOLE 0 566500 0
LATTICE SEMICONDUCTOR CO COMMON 518415104 122 1800SH SOLE 0 1800 0
LEAR CORP COMMON 521865105 9329 331700SH SOLE 0 331700 0
LEE ENTERPRISES INC COMMON 523768109 7652 292900SH SOLE 0 292900 0
LENNAR CORP COMMON 526057104 28393 1309200SH SOLE 0 1309200 0
LEXMARK INTL GROUP INC CL A 529771107 423 4000SH SOLE 0 4000 0
LIBBEY INC COMMON 529898108 7148 261100SH SOLE 0 261100 0
LIBERTY PPTY TR SH BEN INT 531172104 8048 336200SH SOLE 0 336200 0
LIMITED INC COMMON 532716107 93 2200SH SOLE 0 2200 0
LINCARE HLDGS INC COMMON 532791100 96 3400SH SOLE 0 3400 0
LINCOLN NATL CORP IND COMMON 534187109 53170 1587175SH SOLE 0 1587175 0
LINEAR TECHNOLOGY CORP COMMON 535678106 165 3000SH SOLE 0 3000 0
LUBRIZOL CORP COMMON 549271104 20 700SH SOLE 0 700 0
MDU RES GROUP INC COMMON 552690109 87 4200SH SOLE 0 4200 0
MACERICH CO COMMON 554382101 9252 448600SH SOLE 0 448600 0
MALLINCKRODT INC NEW COMMON 561232109 98 3400SH SOLE 0 3400 0
MANPOWER INC COMMON 56418H100 31369 883625SH SOLE 0 883625 0
MAXIM INTEGRATED PRODS I COMMON 57772K101 135 1900SH SOLE 0 1900 0
MCCORMICK & CO INC COM NON VTG 579780206 87 2700SH SOLE 0 2700 0
MERITOR AUTOMOTIVE INC COMMON 59000G100 65 4100SH SOLE 0 4100 0
METTLER TOLEDO INTERNATI COMMON 592688105 11925 291300SH SOLE 0 291300 0
MICROCHIP TECHNOLOGY INC COMMON 595017104 125 1900SH SOLE 0 1900 0
MIDCOAST ENERGY RES INC COMMON 59563W104 7530 444568SH SOLE 0 444568 0
MILLENNIUM CHEMICALS INC COMMON 599903101 22 1100SH SOLE 0 1100 0
MITEL CORP COMMON 606711109 120 4900SH SOLE 0 4900 0
MOHAWK INDS INC COMMON 608190104 30376 1357600SH SOLE 0 1357600 0
NCR CORP NEW COMMON 6.2886E+11 7066 176100SH SOLE 0 176100 0
NATIONAL DATA CORP COMMON 635621105 7977 306800SH SOLE 0 306800 0
NATIONAL FUEL GAS CO N J COMMON 636180101 89 2000SH SOLE 0 2000 0
NATIONAL-OILWELL INC COMMON 637071101 37550 1216200SH SOLE 0 1216200 0
NATIONWIDE FINL SVCS INC CL A 638612101 91 3100SH SOLE 0 3100 0
NAVISTAR INTL CORP NEW COMMON 6.3934E+11 68 1700SH SOLE 0 1700 0
NEIMAN MARCUS GROUP INC CL B 640204301 7791 283300SH SOLE 0 283300 0
NEW CENTURY ENERGIES INC COMMON 64352U103 84 2800SH SOLE 0 2800 0
NIKE INC CL B 654106103 3039 76700SH SOLE 0 76700 0
NORTH FORK BANCORPORATIO COMMON 659424105 23228 1299450SH SOLE 0 1299450 0
NORTHROP GRUMMAN CORP COMMON 666807102 8274 156300SH SOLE 0 156300 0
NORTHWEST NAT GAS CO COMMON 667655104 11710 600500SH SOLE 0 600500 0
OGE ENERGY CORP COMMON 670837103 102 5300SH SOLE 0 5300 0
OFFSHORE LOGISTICS INC COMMON 676255102 119 8600SH SOLE 0 8600 0
OHIO CAS CORP COMMON 677240103 4976 278400SH SOLE 0 278400 0
ORACLE CORP COMMON 68389X105 125 1600SH SOLE 0 1600 0
OXFORD INDS INC COMMON 691497309 14826 818000SH SOLE 0 818000 0
PG&E CORP COMMON 69331C108 90 4300SH SOLE 0 4300 0
PMI GROUP INC COMMON 69344M101 100 2100SH SOLE 0 2100 0
PPL CORP COMMON 69351T106 98 4700SH SOLE 0 4700 0
PACIFIC CENTY FINL CORP COMMON 694058108 2547 125400SH SOLE 0 125400 0
PACIFICARE HEALTH SYS DE COMMON 695112102 90 1800SH SOLE 0 1800 0
PARK PL ENTMT CORP COMMON 700690100 89 7700SH SOLE 0 7700 0
PERKINELMER INC COMMON 714046109 133 2000SH SOLE 0 2000 0
PHILIP MORRIS COS INC COMMON 718154107 99 4700SH SOLE 0 4700 0
PINNACLE WEST CAP CORP COMMON 723484101 7595 269450SH SOLE 0 269450 0
PITTSTON CO BRINKS COM BRINKS GRP 725701106 16794 987900SH SOLE 0 987900 0
POTOMAC ELEC PWR CO COMMON 737679100 100 4400SH SOLE 0 4400 0
PRAXAIR INC COMMON 74005P104 21 500SH SOLE 0 500 0
PROVIDENT FINL GROUP INC COMMON 743866105 89 2600SH SOLE 0 2600 0
PUBLIC SVC ENTERPRISE GR COMMON 744573106 98 3300SH SOLE 0 3300 0
PULTE CORP COMMON 745867101 96 4600SH SOLE 0 4600 0
QUANTUM CORP COM DSSG 747906204 24 2004SH SOLE 0 2004 0
QUANTUM CORP COM HDDG 747906303 12 1024SH SOLE 0 1024 0
QUORUM HEALTH GROUP INC COMMON 749084109 21 2100SH SOLE 0 2100 0
R G S ENERGY GROUP INC COMMON 74956K104 6418 302000SH SOLE 0 302000 0
RADIAN GROUP INC COMMON 750236101 95 2000SH SOLE 0 2000 0
RAYONIER INC COMMON 754907103 24 500SH SOLE 0 500 0
RAYTHEON CO CL A 755111309 60 3200SH SOLE 0 3200 0
READERS DIGEST ASSN INC CL A NON VTG 755267101 78 2200SH SOLE 0 2200 0
REYNOLDS & REYNOLDS CO CL A 761695105 23652 876000SH SOLE 0 876000 0
REYNOLDS R J TOB HLDGS I COMMON 76182K105 78 4600SH SOLE 0 4600 0
RICHFOOD HLDGS INC COMMON 763408101 9 500SH SOLE 0 500 0
ROBBINS & MYERS INC COMMON 770196103 25973 1099400SH SOLE 0 1099400 0
ROHM & HAAS CO COMMON 775371107 57088 1279275SH SOLE 0 1279275 0
RUSS BERRIE & CO COMMON 782233100 8756 473300SH SOLE 0 473300 0
SCI SYS INC COMMON 783890106 156 2900SH SOLE 0 2900 0
SL GREEN RLTY CORP COMMON 78440X101 9215 388000SH SOLE 0 388000 0
SAGA SYS INC COMMON 786610105 372 10400SH SOLE 0 10400 0
ST PAUL COS INC COMMON 792860108 10671 312700SH SOLE 0 312700 0
SANMINA CORP COMMON 800907107 135 2000SH SOLE 0 2000 0
SARA LEE CORP COMMON 803111103 88 4900SH SOLE 0 4900 0
SCHWEITZER-MAUDUIT INTL COMMON 808541106 6725 519800SH SOLE 0 519800 0
SCIENTIFIC ATLANTA INC COMMON 808655104 139 2200SH SOLE 0 2200 0
SCOTTS CO CL A 810186106 16015 381300SH SOLE 0 381300 0
SHERWIN WILLIAMS CO COMMON 824348106 20 900SH SOLE 0 900 0
SIGMA ALDRICH CORP COMMON 826552101 24 900SH SOLE 0 900 0
SIGCORP INC COMMON 826912107 7099 278400SH SOLE 0 278400 0
SIMON PPTY GROUP INC NEW COMMON 828806109 7873 337700SH SOLE 0 337700 0
SONOCO PRODS CO COMMON 835495102 8931 388300SH SOLE 0 388300 0
SOUTHERN CO COMMON 842587107 163 7500SH SOLE 0 7500 0
SOUTHTRUST CORP COMMON 844730101 94 3700SH SOLE 0 3700 0
SOVEREIGN BANCORP INC COMMON 845905108 15790 2087908SH SOLE 0 2087908 0
SPIEGEL INC CL A 848457107 80 10000SH SOLE 0 10000 0
STANDEX INTL CORP COMMON 854231107 11475 740300SH SOLE 0 740300 0
STARWOOD FINL INC COMMON 85569R104 21508 1220322SH SOLE 0 1220322 0
STERLING SOFTWARE INC COMMON 859547101 21838 666800SH SOLE 0 666800 0
STMICROELECTRONICS N V COMMON 861012102 131 700SH SOLE 0 700 0
SUN MICROSYSTEMS INC COMMON 866810104 141 1500SH SOLE 0 1500 0
SUPERVALU INC COMMON 868536103 106 5600SH SOLE 0 5600 0
SYMANTEC CORP COMMON 871503108 135 1800SH SOLE 0 1800 0
TRW INC COMMON 872649108 59 1000SH SOLE 0 1000 0
TANGER FACTORY OUTLET CT COMMON 875465106 6217 324000SH SOLE 0 324000 0
TARGET CORP COMMON 8.7612E+11 90 1200SH SOLE 0 1200 0
TECUMSEH PRODS CO CL A 878895200 53 1200SH SOLE 0 1200 0
TEKTRONIX INC COMMON 879131100 896 16000SH SOLE 0 16000 0
TELEFONICA DEL PERU S A DEPOSITORY RECEI 879384105 29 1700SH SOLE 0 1700 0
TERADYNE INC COMMON 880770102 131 1600SH SOLE 0 1600 0
TEXAS INDS INC COMMON 882491103 14421 456000SH SOLE 0 456000 0
TEXTRON INC COMMON 883203101 36329 596775SH SOLE 0 596775 0
TIFFANY & CO NEW COMMON 886547108 100 1200SH SOLE 0 1200 0
TIMES MIRROR CO NEW COM SER A 887364107 84 900SH SOLE 0 900 0
TRIGON HEALTHCARE INC COMMON 89618L100 104 2900SH SOLE 0 2900 0
TRINITY INDS INC COMMON 896522109 69 2900SH SOLE 0 2900 0
USX MARATHON GROUP COM NEW 902905827 305 11700SH SOLE 0 11700 0
UST INC COMMON 902911106 93 5950SH SOLE 0 5950 0
ULTRAMAR DIAMOND SHAMROC COMMON 904000106 9351 368500SH SOLE 0 368500 0
UNILEVER N V DEPOSITORY RECEI 904784709 21710 451125SH SOLE 0 451125 0
UNICOM CORP COMMON 904911104 84 2300SH SOLE 0 2300 0
UNION CARBIDE CORP COMMON 905581104 47 800SH SOLE 0 800 0
UNIONBANCAL CORP COMMON 908906100 94 3400SH SOLE 0 3400 0
UNITED HEALTHCARE CORP COMMON 910581107 101 1700SH SOLE 0 1700 0
U S INDS INC NEW COMMON 912080108 76 6900SH SOLE 0 6900 0
UNIVERSAL FOODS CORP COMMON 913538104 42045 1967000SH SOLE 0 1967000 0
UNIVERSAL HLTH SVCS INC CL B 913903100 8776 179100SH SOLE 0 179100 0
UTILICORP UTD INC COMMON 918005109 105 5800SH SOLE 0 5800 0
VARIAN INC COMMON 922206107 18403 479545SH SOLE 0 479545 0
VARIAN SEMICONDUCTOR EQU COMMON 922207105 83 1299SH SOLE 0 1299 0
VARIAN MED SYS INC COMMON 92220P105 18214 399203SH SOLE 0 399203 0
VISHAY INTERTECHNOLOGY I COMMON 928298108 122 2200SH SOLE 0 2200 0
VULCAN MATLS CO COMMON 929160109 23 500SH SOLE 0 500 0
WARNACO GROUP INC CL A 934390105 9133 773200SH SOLE 0 773200 0
WASHINGTON MUT INC COMMON 939322103 53009 2000350SH SOLE 0 2000350 0
WATERS CORP COMMON 941848103 143 1500SH SOLE 0 1500 0
WELLPOINT HEALTH NETWORK COMMON 94973H108 98 1400SH SOLE 0 1400 0
WENDYS INTL INC COMMON 950590109 8941 442900SH SOLE 0 442900 0
WERNER ENTERPRISES INC COMMON 950755108 8913 524300SH SOLE 0 524300 0
WHIRLPOOL CORP COMMON 963320106 48813 832625SH SOLE 0 832625 0
WILLIAMS COS INC DEL COMMON 969457100 52858 1203020SH SOLE 0 1203020 0
WORLD COLOR PRESS INC DE COMMON 981443104 11 300SH SOLE 0 300 0
XILINX INC COMMON 983919101 141 1700SH SOLE 0 1700 0
XEROX CORP COMMON 984121103 99 3800SH SOLE 0 3800 0
EVEREST RE GROUP LTD COMMON G3223R108 88 2700SH SOLE 0 2700 0
PARTNERRE LTD COMMON G6852T105 1798 48850SH SOLE 0 48850 0
RENAISSANCE RE HLDGS LTD COMMON G7496G103 9592 234655SH SOLE 0 234655 0
TRANSOCEAN SEDCO FOREX I ORD G90078109 41 800SH SOLE 0 800 0
ASM LITHOGRAPHY HLDG N V DEPOSITORY RECEI N07059111 112 1000SH SOLE 0 1000 0
COLUMN TOTALS 2344841 76579963 76579963 0
</TABLE>
