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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT MANAGERS PURSUANT
TO SECTION 13(f) OF THE SECURITIES EXCHANGE ACT OF 1934 AND RULES THEREUNDER
REPORT FOR THE CALENDAR YEAR OR QUARTER ENDED December 31, 1999
- --------------------------------------------------------------------------------
(PLEASE READ INSTRUCTIONS BEFORE PREPARING FORM.)
- --------------------------------------------------------------------------------
IF AMENDED REPORT CHECK HERE: |_|
ALLSTATE PENSION PLAN
- --------------------------------------------------------------------------------
NAME OF INSTITUTIONAL INVESTMENT MANAGER
3075 SANDERS ROAD SUITE G4A NORTHBROOK ILLINOIS 60062-7127
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BUSINESS ADDRESS (STREET) (CITY) (STATE) (ZIP)
DOUGLAS B. WELCH (847)402-6046 ASSISTANT VICE PRESIDENT, INVESTMENT OPERATIONS
- --------------------------------------------------------------------------------
NAME, PHONE NO., AND TITLE OF PERSON DULY AUTHORIZED TO SUBMIT THIS REPORT.
- ------------------------------------ATTENTION-----------------------------------
INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACTS CONSTITUTE
FEDERAL CRIMINAL VIOLATIONS.
SEE 18 U.S.C. 1001 AND 15 U.S.C. 78FF(A).
- --------------------------------------------------------------------------------
THE INSTITUTIONAL INVESTMENT MANAGER SUBMITTING THIS FORM AND ITS
ATTACHMENTS AND THE PERSON BY WHOM IT IS SIGNED REPRESENT HEREBY THAT ALL
INFORMATION CONTAINED THEREIN 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 COMPLETE AS
PREVIOUSLY SUBMITTED.
PURSUANT TO THE REQUIREMENTS OF SECURITIES EXCHANGE ACT OF 1934, THE
UNDERSIGNED INSTITUTIONAL INVESTMENT MANAGER HAS CAUSED THIS REPORT TO BE SIGNED
ON ITS BEHALF IN ON THE 11 DAY OF FEBRUARY, 2000.
ALLSTATE PENSION PLAN
------------------------------------------
(NAME OF INSTITUTIONAL INVESTMENT MANAGER)
/S/ DOUGLAS B. WELCH
------------------------------------------
(MANUAL SIGNATURE OF PERSON DULY
AUTHORIZED TO SUBMIT THIS REPORT)
NAME AND 13F FILE NUMBERS OF ALL INSTITUTIONAL INVESTMENT MANAGERS WITH RESPECT
TO WHICH THIS SCHEDULE IS FILED (OTHER THAN THE ONE FILING THIS REPORT): (LIST
IN ALPHABETICAL ORDER).
13F FILE NUMBERS WILL BE ASSIGNED TO INSTITUTIONAL INVESTMENT MANAGERS AFTER
THEY FILE THEIR FIRST REPORT.
NAME: 13F FILE NO.:
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1. ALLSTATE INSURANCE COMPANY 28-35
- -------------------------------------------------------------- ---------------
2.
- -------------------------------------------------------------- ---------------
3.
- -------------------------------------------------------------- ---------------
4.
- -------------------------------------------------------------- ---------------
5.
- -------------------------------------------------------------- ---------------
<PAGE>
FORM 13F REPORT
NAME OF REPORTING MANAGER: AGENTS PENSION PLAN
<TABLE>
<CAPTION>
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(SEC USE ONLY)
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ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ITEM 6: ITEM 7: ITEM 8:
INVESTMENT DISCRETION VOTING AUTHORITY
--------------------- (SHARES)
TITLE FAIR SHARES OR (A) (B) (C) MANA- ----------------
NAME OF ISSUER OF CUSIP MARKET PRINCIPAL SOLE SHARED SHARED GERS (A) (B) (C)
CLASS NUMBER VALUE AMOUNT OTHER SOLE SHARED NONE
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
3 COM COMMON STOCK 885535104 545,200.00 11,600 X 1 X
A D C TELECOM COMMON STOCK 000886101 979,593.75 13,500 X 1 X
ABBOTT LABS COMMON STOCK 002824100 802,506.26 22,100 X 1 X
AK STEEL HOLDING COMMON STOCK 001547108 879,575.00 46,600 X 1 X
ALLAMERICA FUND. CORP COMMON STOCK 019754100 328,187.50 5,900 X 1 X
ALLEGHENY ENERGY COMMON STOCK 017361106 261,293.75 9,700 X 1 X
ALLTEL COMMON STOCK 020039103 1,670,287.50 20,200 X 1 X
ALTERA COMMON STOCK 021441100 703,787.50 14,200 X 1 X
ALUMINUM CO OF AMERICA COMMON STOCK 013817101 913,000.00 11,000 X 1 X
AMB PROPERTY CORP COMMON STOCK 00163T109 957,000.00 48,000 X 1 X
AMERICA ON-LINE COMMON STOCK 02364J104 5,635,181.25 74,700 X 1 X
AMERICAN EXPRESS COMMON STOCK 025816109 3,740,625.00 22,500 X 1 X
AMERICAN HOME PRODUCTS COMMON STOCK 026609107 729,593.75 18,500 X 1 X
AMERICAN INTL COMMON STOCK 026874107 5,659,803.23 52,345 X 1 X
AMERICAN POWER CONVERSION COMMON STOCK 029066107 369,250.00 14,000 X 1 X
AMERICAN STANDARD COMPANIES COMMON STOCK 029712106 1,137,700.00 24,800 X 1 X
AMGEN COMMON STOCK 031162100 2,618,725.00 43,600 X 1 X
ANALOG DEVICES COMMON STOCK 032654105 511,500.00 5,500 X 1 X
ANHEUSER BUSCH COMMON STOCK 035229103 1,452,937.50 20,500 X 1 X
AON COMMON STOCK 037389103 792,000.00 19,800 X 1 X
APACHE COMMON STOCK 037411105 295,500.00 8,000 X 1 X
APARTMENT INVT & MGMT CO CL A COMMON STOCK 03748R101 1,958,775.00 49,200 X 1 X
APPLE COMPUTER COMMON STOCK 037833100 1,038,406.25 10,100 X 1 X
APPLIED MATERIALS COMMON STOCK 038222105 1,076,843.75 8,500 X 1 X
ARDEN REALTY INC COMMON STOCK 039793104 802,500.00 40,000 X 1 X
ASSOCIATES FIRST CAPITAL CRP COMMON STOCK 046008108 609,332.00 22,208 X 1 X
AT & T COMMON STOCK 001957109 4,978,473.78 98,098 X 1 X
AT&T CORP - LIBERTY MEDIA -A COMMON STOCK 001957208 709,375.00 12,500 X 1 X
ATLANTIC RICHFIELD COMMON STOCK 048825103 916,900.00 10,600 X 1 X
ATMEL CORP COMMON STOCK 049513104 762,712.50 25,800 X 1 X
AVNET COMMON STOCK 053807103 211,750.00 3,500 X 1 X
BAKER HUGHES COMMON STOCK 057224107 410,718.75 19,500 X 1 X
BANK OF AMERICA CORP COMMON STOCK 060505104 1,473,906.51 29,368 X 1 X
BANK OF NEW YORK COMMON STOCK 064057102 1,940,000.00 48,500 X 1 X
BANK ONE CORPORATION COMMON STOCK 06423A103 936,225.00 29,200 X 1 X
BANKAMERICA REALTY INVESTORS COMMON STOCK 05564E106 1,270,500.00 56,000 X 1 X
BAXTER INTL COMMON STOCK 071813109 904,500.00 14,400 X 1 X
BELL ATLANTIC COMMON STOCK 077853109 2,948,843.76 47,900 X 1 X
BELLSOUTH COMMON STOCK 079860102 1,343,518.75 28,700 X 1 X
BEST BUY COMMON STOCK 086516101 446,668.75 8,900 X 1 X
BIOGEN COMMON STOCK 090597105 1,259,050.00 14,900 X 1 X
BIOMET COMMON STOCK 090613100 416,000.00 10,400 X 1 X
BJ SERVICES COMMON STOCK 055482103 2,763,806.25 66,100 X 1 X
BLOCK (H & R) COMMON STOCK 093671105 765,625.00 17,500 X 1 X
BMC SOFTWARE COMMON STOCK 055921100 823,356.25 10,300 X 1 X
BOEING COMMON STOCK 097023105 1,410,049.39 33,926 X 1 X
BOSTON PROPERTIES INC COMMON STOCK 101121101 1,618,500.00 52,000 X 1 X
BOWATER COMMON STOCK 102183100 461,656.25 8,500 X 1 X
BRISTOL-MYERS-SQUIBB COMMON STOCK 110122108 4,030,975.02 62,800 X 1 X
BRITISH PETROLEUM COMMON FOREIGN 055622104 415,187.50 7,000 X 1 X
BROADWING INC COMMON STOCK 111620100 5,446,437.50 147,700 X 1 X
BURLINGTON RESOURCES COMMON STOCK 122014103 2,443,318.75 73,900 X 1 X
CABLETRON COMMON STOCK 126920107 418,600.00 16,100 X 1 X
CALLOWAY GOLF CO COMMON STOCK 131193104 613,756.25 34,700 X 1 X
CALPINE CORP COMMON STOCK 131347106 940,800.00 14,700 X 1 X
CARNIVAL CRUISE LINES COMMON STOCK 143658102 430,312.50 9,000 X 1 X
CBS CORPORATION COMMON STOCK 12490K107 2,199,450.00 34,400 X 1 X
CDW COMPUTER CENTERS INC COMMON STOCK 125129106 668,312.50 8,500 X 1 X
CENTERPOINT PROPERTIES CORP COMMON STOCK 151895109 574,000.00 16,000 X 1 X
CENTURYTEL INC COMMON STOCK 156700106 983,031.28 20,750 X 1 X
CHAMPION INTL COMMON STOCK 158525105 613,181.25 9,900 X 1 X
CHASE MANHATTAN CORP NEW COMMON STOCK 16161A108 2,354,552.75 30,308 X 1 X
CHECKFREE HOLDINGS CORP COMMON STOCK 162816102 1,159,950.00 11,100 X 1 X
CHEVRON COMMON STOCK 166751107 1,541,925.02 17,800 X 1 X
CHIRON COMMON STOCK 170040109 661,050.00 15,600 X 1 X
CISCO SYSTEMS, INC. COMMON STOCK 17275R102 12,913,918.96 120,550 X 1 X
CITIGROUP INC COMMON STOCK 172967101 7,090,886.51 127,620 X 1 X
CITY NATIONAL COMMON STOCK 178566105 339,256.25 10,300 X 1 X
CLEAR CHANNEL COMMUNICATIONS COMMON STOCK 184502102 1,419,075.00 15,900 X 1 X
COCA-COLA COMMON STOCK 191216100 4,176,525.00 71,700 X 1 X
COLGATE-PALMOLIVE COMMON STOCK 194162103 1,118,000.00 17,200 X 1 X
COLUMBIA ENERGY GROUP COMMON STOCK 197648108 303,600.00 4,800 X 1 X
COLUMBIA HEALTHCARE COMMON STOCK 197677107 304,850.00 10,400 X 1 X
COMCAST CLASS A SPECIAL COMMON STOCK 200300200 1,082,037.50 21,400 X 1 X
COMDISCO COMMON STOCK 200336105 361,325.00 9,700 X 1 X
COMPAQ COMPUTER COMMON STOCK 204493100 384,287.50 14,200 X 1 X
COMPUTER ASSOCIATES INTL COMMON STOCK 204912109 1,007,100.00 14,400 X 1 X
COMPUTER SCIENCES COMMON STOCK 205363104 671,837.50 7,100 X 1 X
CONCORD EFS INC COMMON STOCK 206197105 312,862.50 12,150 X 1 X
CONOCO INC - CL A COMMON STOCK 208251306 455,400.00 18,400 X 1 X
CONOCO INC. COMMON STOCK 208251405 473,246.87 19,025 X 1 X
CONSTELLATION ENERGY GROUP COMMON STOCK 210371100 220,400.00 7,600 X 1 X
CONVERGYS CORP COMMON STOCK 212485106 313,650.00 10,200 X 1 X
COOPER CAMERON CORP COMMON STOCK 216640102 322,987.50 6,600 X 1 X
CORNING COMMON STOCK 219350105 451,281.25 3,500 X 1 X
COSTO WHOLESALE CORP COMMON STOCK 22160K105 1,067,625.00 11,700 X 1 X
CYPRESS SEMICONDUCTOR COMMON STOCK 232806109 213,675.00 6,600 X 1 X
DARDEN RESTAURANTS COMMON STOCK 237194105 578,187.50 31,900 X 1 X
DAYTON-HUDSON COMMON STOCK 239753106 954,687.50 13,000 X 1 X
DEERE COMMON STOCK 244199105 394,712.50 9,100 X 1 X
DELL COMPUTER COMMON STOCK 247025109 4,238,100.00 83,100 X 1 X
DETROIT EDISON COMMON STOCK 233331107 229,037.50 7,300 X 1 X
DEVELOPERS DIVER REALTY CORP COMMON STOCK 251591103 515,000.00 40,000 X 1 X
DEVON ENERGY CORP COMMON STOCK 25179M103 1,213,087.50 36,900 X 1 X
DIAMOND OFFSHORE DRILLING INC COMMON STOCK 25271C102 345,356.25 11,300 X 1 X
DISNEY (WALT) COMMON STOCK 254687106 804,374.99 27,500 X 1 X
DOW CHEMICAL COMMON STOCK 260543103 628,037.50 4,700 X 1 X
DU PONT DE NEMOURS COMMON STOCK 263534109 1,038,585.25 15,766 X 1 X
DUKE REALTY INVESTMENTS INC COMMON STOCK 264411505 1,170,000.00 60,000 X 1 X
E M C COMMON STOCK 268648102 4,479,250.00 41,000 X 1 X
E TRADE GROUP INC COMMON STOCK 269246104 548,625.00 21,000 X 1 X
EDWARDS (AG) COMMON STOCK 281760108 490,556.25 15,300 X 1 X
ELECTRONIC ARTS COMMON STOCK 285512109 260,400.01 3,100 X 1 X
ELECTRONIC DATA SYSTEMS COMMON STOCK 285661104 522,112.50 7,800 X 1 X
EMERSON ELEC COMMON STOCK 291011104 808,987.50 14,100 X 1 X
EMMIS COMMUNICATIONS CORP COMMON STOCK 291525103 3,327,904.02 26,700 X 1 X
ENDESA COMMON FOREIGN 29258N107 649,932.90 32,899 X 1 X
ENERGY EAST CORPORATION COMMON STOCK 29266M109 216,450.00 10,400 X 1 X
ENRON COMMON STOCK 293561106 838,598.75 18,898 X 1 X
ENSCO INTERNATIONAL COMMON STOCK 26874Q100 569,587.50 24,900 X 1 X
EQUITY OFFICE PROPERTIES TRUST COMMON STOCK 294741103 3,226,342.88 131,019 X 1 X
EQUITY RESIDENTIAL PROP TR COMMON STOCK 29476L107 559,206.28 13,100 X 1 X
ETHAN ALLEN INTERIORS COMMON STOCK 297602104 713,390.64 22,250 X 1 X
EXXON COMMON STOCK 30231G102 8,824,816.26 109,540 X 1 X
FEDERAL NAT'L MORT. ASSOC COMMON STOCK 313586109 1,554,693.75 24,900 X 1 X
FEDERATED DEPARTMENT STORES COMMON STOCK 31410H101 894,956.25 17,700 X 1 X
FELCOR LODGING TRUST INC COMMON STOCK 31430F101 1,057,000.00 60,400 X 1 X
FIRST INDUSTRIAL REALTY TRUST COMMON STOCK 32054K103 1,097,500.00 40,000 X 1 X
FIRST SECURITY COMMON STOCK 336294103 333,183.48 13,050 X 1 X
FIRST TENNESSEE NATIONAL COMMON STOCK 337162101 447,450.00 15,700 X 1 X
FIRSTAR CORPORATION COMMON STOCK 33763V109 1,844,212.50 87,300 X 1 X
FISERV INC. COMMON STOCK 337738108 284,470.34 7,425 X 1 X
FLEET BOSTON FINANCIAL CORP COMMON STOCK 339030108 1,966,906.25 56,500 X 1 X
FORD MOTOR COMMON STOCK 345370100 2,500,875.00 46,800 X 1 X
FOREST LABS COMMON STOCK 345838106 1,634,237.50 26,600 X 1 X
FREDDIE MAC COMMON STOCK 313400301 1,534,237.50 32,600 X 1 X
FREEPORT MCMORAN B COMMON STOCK 35671D857 929,500.00 44,000 X 1 X
FULLER (H.B.) COMMON STOCK 359694106 380,375.00 6,800 X 1 X
G T E COMMON STOCK 362320103 2,504,968.76 35,500 X 1 X
GAP STORES COMMON STOCK 364760108 607,200.00 13,200 X 1 X
GENERAL ELECTRIC COMMON STOCK 369604103 15,010,750.00 97,000 X 1 X
GENERAL GROWTH PROPERTIES COMMON STOCK 370021107 445,199.98 15,900 X 1 X
GENERAL INSTRUMENT CORPORATION COMMON STOCK 370120107 416,500.00 4,900 X 1 X
GENERAL MILLS COMMON STOCK 370334104 607,750.00 17,000 X 1 X
GENERAL MOTORS COMMON STOCK 370442105 1,148,462.50 15,800 X 1 X
GENERAL MOTORS CL H COMMON STOCK 370442832 768,000.00 8,000 X 1 X
GEORGIA-PACIFIC COMMON STOCK 373298108 791,700.00 15,600 X 1 X
GILLETTE COMMON STOCK 375766102 659,000.00 16,000 X 1 X
GLOBAL CROSSING LTD COMMON STOCK G3921A100 1,431,250.00 28,625 X 1 X
GLOBAL MARINE COMMON STOCK 379352404 1,231,912.50 74,100 X 1 X
GRAINGER COMMON STOCK 384802104 3,930,187.50 82,200 X 1 X
HALLIBURTON COMMON STOCK 406216101 301,875.00 7,500 X 1 X
HARRAH'S ENTERTAINMENT COMMON STOCK 413619107 454,725.00 17,200 X 1 X
HEWLETT-PACKARD COMMON STOCK 428236103 3,053,525.62 26,800 X 1 X
HOME DEPOT COMMON STOCK 437076102 4,741,096.90 69,150 X 1 X
HOMESTAKE MINING COMMON STOCK 437614100 89,843.75 11,500 X 1 X
HONEYWELL INTERNATIONAL INC COMMON STOCK 438516106 2,053,675.23 35,600 X 1 X
HOST MARRIOTT COMMON STOCK 44107P104 330,000.00 40,000 X 1 X
ILLINOVA COMMON STOCK 452317100 455,225.00 13,100 X 1 X
INFINITY BROADCASTING CORP COMMON STOCK 45662S102 716,512.50 19,800 X 1 X
INGERSOLL-RAND COMMON STOCK 456866102 561,637.50 10,200 X 1 X
INTEL COMMON STOCK 458140100 8,626,350.00 104,800 X 1 X
INTERPUBLIC GROUP OF COS COMMON STOCK 460690100 853,775.02 14,800 X 1 X
INTL BUSINESS MACHINES COMMON STOCK 459200101 5,400,000.00 50,000 X 1 X
INTUIT INC COMMON STOCK 461202103 827,137.50 13,800 X 1 X
INVESTMENT TECHNOLOGY GROUP COMMON STOCK 46145F105 227,125.00 7,900 X 1 X
IVAX CORP COMMON STOCK 465823102 618,000.00 24,000 X 1 X
JABIL CIRCUIT INC COMMON STOCK 466313103 569,400.00 7,800 X 1 X
JOHNSON & JOHNSON COMMON STOCK 478160104 3,548,062.51 38,100 X 1 X
JOHNSON CONTROLS COMMON STOCK 478366107 364,000.00 6,400 X 1 X
KANSAS CITY SOUTHERN INDUSTRIES COMMON STOCK 485170104 477,600.00 6,400 X 1 X
KEEBLER FOODS CO COMMON STOCK 487256109 365,625.00 13,000 X 1 X
KERR-MCGEE COMMON STOCK 492386107 409,200.00 6,600 X 1 X
KEYSTONE FINANCIAL INC COMMON STOCK 493482103 446,525.00 21,200 X 1 X
KIMBERLY-CLARK COMMON STOCK 494368103 2,603,474.99 39,900 X 1 X
KIMCO REALTY CORP COMMON STOCK 49446R109 840,100.00 24,800 X 1 X
KLA-TENCOR CORP COMMON STOCK 482480100 389,812.50 3,500 X 1 X
KNIGHT-RIDDER COMMON STOCK 499040103 791,350.00 13,300 X 1 X
L S I LOGIC COMMON STOCK 502161102 897,750.00 13,300 X 1 X
LEGATO SYS INC COMMON STOCK 524651106 399,112.50 5,800 X 1 X
LEGG MASON COMMON STOCK 524901105 384,250.00 10,600 X 1 X
LEHMAN BROS HOLDING COMMON STOCK 524908100 1,007,781.25 11,900 X 1 X
LEXMARK INT'L GROUP A COMMON STOCK 529771107 1,592,800.00 17,600 X 1 X
LILLY (ELI) COMMON STOCK 532457108 2,773,050.00 41,700 X 1 X
LINCARE HOLDINGS INC COMMON STOCK 532791100 620,906.25 17,900 X 1 X
LINCOLN NATIONAL COMMON STOCK 534187109 1,176,000.00 29,400 X 1 X
LINEAR TECH COMMON STOCK 535678106 751,406.25 10,500 X 1 X
LOWE'S COMMON STOCK 548661107 1,953,825.00 32,700 X 1 X
LUCENT TECHNOLOGIES INC COMMON STOCK 549463107 7,182,598.51 96,008 X 1 X
MACERICH COMPANY COMMON STOCK 554382101 416,250.00 20,000 X 1 X
MACK-CALI REALTY CORP COMMON STOCK 554489104 1,094,625.00 42,000 X 1 X
MANDALAY RESORT GROUP COMMON STOCK 562567107 440,737.50 21,900 X 1 X
MANPOWER COMMON STOCK 56418H100 823,987.50 21,900 X 1 X
MANUFACTURED HOME COMMUNITIES COMMON STOCK 564682102 3,142,755.31 129,265 X 1 X
MARINE DRILLING CO INC COMMON STOCK 568240204 309,637.50 13,800 X 1 X
MARSH & MC LENNAN COMMON STOCK 571748102 1,042,993.75 10,900 X 1 X
MARSHALL & ILSLEY COMMON STOCK 571834100 559,031.25 8,900 X 1 X
MAXIM INTEGRATED PRODUCTS COMMON STOCK 57772K101 736,125.00 15,600 X 1 X
MBNA CORP COMMON STOCK 55262L100 842,025.00 30,900 X 1 X
MCDONALD'S COMMON STOCK 580135101 1,036,031.25 25,700 X 1 X
MCI WORLDCOM INC COMMON STOCK 55268B106 4,293,127.71 80,907 X 1 X
MEDIAONE GROUP COMMON STOCK 58440J104 430,150.00 5,600 X 1 X
MEDIMMUNE INC COMMON STOCK 584699102 779,612.50 4,700 X 1 X
MEDTRONICS COMMON STOCK 585055106 1,366,406.25 37,500 X 1 X
MENS WEARHOUSE COMMON STOCK 587118100 411,250.00 14,000 X 1 X
MERCK COMMON STOCK 589331107 4,488,627.26 66,932 X 1 X
MEREDITH COMMON STOCK 589433101 446,056.25 10,700 X 1 X
MERRILL LYNCH COMMON STOCK 590188108 1,895,450.00 22,700 X 1 X
MGC COMMUNICATIONS COMMON STOCK 552763302 720,650.00 14,200 X 1 X
MICROCHIP TECHNOLOGY INC COMMON STOCK 595017104 260,062.50 3,800 X 1 X
MICRON TECH COMMON STOCK 595112103 1,306,200.00 16,800 X 1 X
MICROSOFT COMMON STOCK 594918104 19,240,400.00 164,800 X 1 X
MINIMED INC COMMON STOCK 60365K108 629,950.00 8,600 X 1 X
MINNESOTA MNG & MFG COMMON STOCK 604059105 342,562.51 3,500 X 1 X
MIRAGE RESORTS COMMON STOCK 60462E104 529,812.50 34,600 X 1 X
MONSANTO COMMON STOCK 611662107 912,000.00 25,600 X 1 X
MONTANA PWR COMMON STOCK 612085100 818,618.75 22,700 X 1 X
MORGAN STANLEY DEAN WITTER & CO COMMON STOCK 617446448 3,097,675.00 21,700 X 1 X
MOTOROLA COMMON STOCK 620076109 3,961,025.00 26,900 X 1 X
NABORS INDUSTRIES COMMON STOCK 629568106 1,006,242.19 32,525 X 1 X
NATIONAL SEMICONDUCTOR COMMON STOCK 637640103 843,406.25 19,700 X 1 X
NETWORK ASSOCIATES INC COMMON STOCK 640938106 217,503.13 8,150 X 1 X
NEW YORK TIMES COMMON STOCK 650111107 412,650.00 8,400 X 1 X
NEXTEL COMMUNICATIONS INC COMMON STOCK 65332V103 1,515,937.50 14,700 X 1 X
NEXTLINK COMMUNICATIONS - A COMMON STOCK 65333H707 2,641,387.50 31,800 X 1 X
NIAGARA MOHAWK HOLDINGS INC COMMON STOCK 653520106 352,618.75 25,300 X 1 X
NIKE CL B COMMON STOCK 654106103 743,437.50 15,000 X 1 X
NOBLE AFFILIATES COMMON STOCK 654894104 553,087.50 25,800 X 1 X
NOBLE DRILLING COMMON STOCK 655042109 3,812,100.00 116,400 X 1 X
NORTEL NETWORKS CORP COMMON FOREIGN 656569100 4,868,200.00 48,200 X 1 X
NORTHERN TRUST COMMON STOCK 665859104 805,600.00 15,200 X 1 X
NORTHWESTERN COMMON STOCK 668074107 22,000.00 1,000 X 1 X
NOVELLUS SYSTEM INC COMMON STOCK 670008101 269,568.86 2,200 X 1 X
NUCOR COMMON STOCK 670346105 674,193.75 12,300 X 1 X
ORACLE SYSTEMS COMMON STOCK 68389X105 6,614,489.16 59,025 X 1 X
P N C FINANCIAL COMMON STOCK 693475105 1,090,250.00 24,500 X 1 X
P P G INDUSTRIES COMMON STOCK 693506107 312,812.50 5,000 X 1 X
PARKER-HANNIFIN COMMON STOCK 701094104 667,062.50 13,000 X 1 X
PECO ENERGY CO COMMON STOCK 693304107 271,050.00 7,800 X 1 X
PEPSICO COMMON STOCK 713448108 2,044,500.35 58,000 X 1 X
PFIZER COMMON STOCK 717081103 2,955,056.24 91,100 X 1 X
PHARMACIA & UPJOHN INC COMMON STOCK 716941109 508,500.00 11,300 X 1 X
PHELPS DODGE COMMON STOCK 717265102 422,887.50 6,300 X 1 X
PHILIP MORRIS COMMON STOCK 718154107 1,502,550.00 64,800 X 1 X
POST PROPERTIES, INC. COMMON STOCK 737464107 860,625.01 22,500 X 1 X
PROCTER & GAMBLE COMMON STOCK 742718109 5,072,743.75 46,300 X 1 X
PROLOGIS TRUST COMMON STOCK 743410102 770,000.00 40,000 X 1 X
PUBLIC STORAGE INC COMMON STOCK 74460D109 907,500.00 40,000 X 1 X
PUBLIC SVC OF NEW MEXICO COMMON STOCK 744499104 266,500.00 16,400 X 1 X
QUALCOM COMMON STOCK 747525103 4,790,600.00 27,200 X 1 X
RADIAN GROUP INC COMMON STOCK 750236101 859,500.00 18,000 X 1 X
RALSTON-RALSTON PURINA COMMON STOCK 751277302 1,123,362.50 40,300 X 1 X
RATIONAL SOFTWARE CORP COMMON STOCK 75409P202 348,787.50 7,100 X 1 X
READERS DIGEST COMMON STOCK 755267101 2,585,700.00 88,400 X 1 X
RELIASTAR FINL COMMON STOCK 75952U103 897,393.75 22,900 X 1 X
REPSOL-YPF SA COMMON FOREIGN 76026T205 668,424.81 28,970 X 1 X
REYNOLDS & REYNOLDS COMMON STOCK 761695105 1,230,750.00 54,700 X 1 X
ROYAL DUTCH PETROLEUM COMMON FOREIGN 780257804 3,027,918.75 50,100 X 1 X
S C I SYSTEMS COMMON STOCK 783890106 673,937.50 8,200 X 1 X
SANMINA CORP COMMON STOCK 800907107 579,275.00 5,800 X 1 X
SANTA FE SNYDER CORP COMMON STOCK 80218K105 352,800.00 44,100 X 1 X
SBC COMMUNICATIONS COMMON STOCK 78387G103 4,597,222.52 94,302 X 1 X
SCHERING-PLOUGH COMMON STOCK 806605101 1,776,093.76 42,100 X 1 X
SCHWAB CHARLES CORP NEW COMMON STOCK 808513105 1,220,325.00 31,800 X 1 X
SEAGRAM COMMON FOREIGN 811850106 876,281.25 19,500 X 1 X
SIEBEL SYSTEMS INC COMMON STOCK 826170102 1,108,800.00 13,200 X 1 X
SIMON PROPERTY GROUP INC COMMON STOCK 828806109 775,287.50 33,800 X 1 X
SMURFIT-STONE CONTAINER CORP COMMON STOCK 832727101 778,953.00 31,794 X 1 X
SOLECTRON CORP COMMON STOCK 834182107 1,189,062.50 12,500 X 1 X
SONOCO PRODUCTS COMMON STOCK 835495102 616,525.00 27,100 X 1 X
SPIEKER PROPERTIES COMMON STOCK 848497103 728,750.00 20,000 X 1 X
SPRINT COMMON STOCK 852061100 1,797,243.75 26,700 X 1 X
SPRINT CORP (PCS GROUP) COMMON STOCK 852061506 1,588,750.00 15,500 X 1 X
STAPLES COMMON STOCK 855030102 958,650.00 46,200 X 1 X
STARBUCKS, CORP COMMON STOCK 855244109 475,300.00 19,600 X 1 X
STARWOOD HOTELS & RESORTS TRUST COMMON STOCK 85590A203 418,300.00 17,800 X 1 X
STATE STREET CORP COMMON STOCK 857477103 657,562.50 9,000 X 1 X
SUMMIT BANCORP COMMON STOCK 866005101 621,687.50 20,300 X 1 X
SUMMIT PROPERTIES INC COMMON STOCK 866239106 1,179,750.00 66,000 X 1 X
SUN MICROSYSTEMS COMMON STOCK 866810104 4,097,063.25 52,908 X 1 X
SYMBOL TECH COMMON STOCK 871508107 387,731.25 6,100 X 1 X
SYNOPSYS INC COMMON STOCK 871607107 293,700.00 4,400 X 1 X
TANDY COMMON STOCK 875382103 472,200.00 9,600 X 1 X
TELECOM CORP OF NEW ZEALAND COMMON FOREIGN 879278208 496,650.00 12,900 X 1 X
TELEPHONE & DATA SYSTEMS COMMON STOCK 879433100 982,800.00 7,800 X 1 X
TELLABS COMMON STOCK 879664100 635,456.25 9,900 X 1 X
TEMPLE-INLAND COMMON STOCK 879868107 428,593.75 6,500 X 1 X
TENET HEALTHCARE COMMON STOCK 88033G100 679,150.00 28,900 X 1 X
TEXACO COMMON STOCK 881694103 1,238,270.70 22,799 X 1 X
TEXAS INSTRUMENTS COMMON STOCK 882508104 2,392,812.50 24,700 X 1 X
TEXTRON COMMON STOCK 883203101 1,012,275.00 13,200 X 1 X
THE PMI GROUP COMMON STOCK 69344M101 629,681.25 12,900 X 1 X
TIDEWATER COMMON STOCK 886423102 2,628,000.00 73,000 X 1 X
TIME WARNER COMMON STOCK 887315109 2,260,050.00 31,200 X 1 X
TIMES MIRROR COMMON STOCK 887364107 435,500.00 6,500 X 1 X
TRIBUNE COMMON STOCK 896047107 352,400.00 6,400 X 1 X
TYCO INTERNATIONAL COMMON STOCK 902124106 2,266,412.50 58,300 X 1 X
TYSON FOODS COMMON STOCK 902494103 919,750.00 56,600 X 1 X
U S X- U.S. STEEL GROUP COMMON STOCK 90337T101 561,000.00 17,000 X 1 X
UNILEVER N.V. COMMON FOREIGN 904784709 290,859.66 5,343 X 1 X
UNION PACIFIC RESOURCES GRP COMMON STOCK 907834105 314,925.00 24,700 X 1 X
UNITED TECH COMMON STOCK 913017109 2,418,000.00 37,200 X 1 X
UNIVISION COMMUNICATION INC COMMON STOCK 914906102 572,250.00 5,600 X 1 X
US BANCORP COMMON STOCK 902973106 650,081.25 27,300 X 1 X
US WEST COMMON STOCK 91273H101 432,000.00 6,000 X 1 X
USA NETWORKS COMMON STOCK 902984103 784,550.00 14,200 X 1 X
USX-MARATHON GROUP COMMON STOCK 902905827 246,875.00 10,000 X 1 X
VERITAS SOFTWARE CORP COMMON STOCK 923436109 2,626,343.75 18,350 X 1 X
VIACOM -CL B COMMON STOCK 925524308 761,512.50 12,600 X 1 X
VIACOM INTERNATIONAL COMMON STOCK 925524100 284,056.25 4,700 X 1 X
VIAD CORP COMMON STOCK 92552R109 590,950.00 21,200 X 1 X
VITESSE SEMICONDUCTOR COMMON STOCK 928497106 492,912.50 9,400 X 1 X
WADDELL & REED FINANCIAL COMMON STOCK 930059100 241,412.50 8,900 X 1 X
WALGREEN COMMON STOCK 931422109 1,289,925.00 44,100 X 1 X
WAL-MART STORES COMMON STOCK 931142103 8,958,600.23 129,600 X 1 X
WARNER-LAMBERT COMMON STOCK 934488107 1,761,656.25 21,500 X 1 X
WASHINGTON MUTUAL COMMON STOCK 939322103 587,600.00 22,600 X 1 X
WEATHERFORD INTERNATIONAL COMMON STOCK 947074100 654,975.00 16,400 X 1 X
WELLS FARGO & CO (NEW) COMMON STOCK 949746101 1,581,106.25 39,100 X 1 X
WESTERN WIRELESS CORP CL A COMMON STOCK 95988E204 647,475.00 9,700 X 1 X
WESTWOOD ONE COMMON STOCK 961815107 1,428,800.00 18,800 X 1 X
WEYERHAEUSER COMMON STOCK 962166104 1,134,637.50 15,800 X 1 X
WINSTAR COMMUNICATIONS INC COMMON STOCK 975515107 519,225.00 6,900 X 1 X
XEROX COMMON STOCK 984121103 224,606.25 9,900 X 1 X
XILINX, INC. COMMON STOCK 983919101 818,438.40 18,000 X 1 X
XIRCOM INC COMMON STOCK 983922105 592,500.00 7,900 X 1 X
YOUNG AND REUBICAM INC COMMON STOCK 987425105 1,415,000.00 20,000 X 1 X
ZIONS UTAH BANCORP COMMON STOCK 989701107 230,831.25 3,900 X 1 X
TECNOST INTL DEBT EC1437234 934,278.45 911,847 X 1 X
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