UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 1999
--------------------------
Check here if Amendment [ X ]; Amendment Number: 1
This Amendment (Check only one): [ X ] is a restatement.
[ ] adds new holdings entries.
Investment Manager Filing this Report:
Name: Symphony Asset Management LLC
Address: 555 California Street, Suite 2975
San Francisco, CA 94104
Form 13F File Number: 28- 5958
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, items,
statements, schedules, lists and tables, are considered integral parts of this
form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Neil L. Rudolph
Title: Chief Operating Officer
Phone: 415/676-4000
Signature, Place, and Date of Signing:
/s/ Neil L. Rudolph San Francisco, CA June 8, 1999
[Signature] [City, State] [Date]
Report Type (Check only one):
[ X] 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))
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for
this reporting manager are reported by
other reporting manager(s))
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
----------------------
Form 13F Information Table Entry Total: 329
----------------------
Form 13F Information Table Value Total: $ 1,373,087
----------------------
(thousands)
List of other Included Managers:
Provide a number list of the names(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filled,
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]
NONE
<PAGE>
<TABLE>
Symphony Asset Management, LLC
FORM 13F Information Table
March 31, 1999
<S> <C> <C>
Voting Authority
----------------
Value Shares/ Sh/ Put/ Invstmt Other
Name Of Issuer Title Of Class Cusip (X$1000) Prn Amt Prn Call Dscretn Managers Sole Shared None
- ---------------------------- -------------- ----------- ----------- -------- --- ---- ------- -------- ---- ------ -----
ADC Telecommunications COM 000886101 16,652 349,200 SH Sole 349,200
AES Corp COM 00130H105 827 22,200 SH Sole 22,200
AFLAC Inc COM 001055102 305 5,600 SH Sole 5,600
AT&T Corp COM 001957109 26,398 330,751 SH Sole 330,751
Abercrombie & Fitch Co-C COM 002896207 8,828 95,700 SH Sole 95,700
Acnielsen Corp COM 004833109 521 19,200 SH Sole 19,200
Adaptec Inc COM 00651F108 258 11,300 SH Sole 11,300
Advo Inc COM 007585102 664 34,400 SH Sole 34,400
Affiliated Managers Grou COM 008252108 637 24,500 SH Sole 24,500
Airborne Freight Corp COM 009266107 735 23,700 SH Sole 23,700
Alaska Airgroup Inc. COM 011659109 998 21,000 SH Sole 21,000
Albany Intl Corp COM 012348108 814 43,400 SH Sole 43,400
Allmerica Financial Corp COM 019754100 21,166 384,400 SH Sole 384,400
Alltel Corp COM 020039103 15,949 255,700 SH Sole 255,700
Alpharma Inc Class A COM 020813101 491 12,500 SH Sole 12,500
Altera Corp COM 021441100 11,888 199,800 SH Sole 199,800
Amazon.com Inc. COM 023135106 637 3,700 SH Sole 3,700
Ambac Inc COM 023139108 1,015 18,800 SH Sole 18,800
American Eagle Outfitter COM 02553D108 6,144 85,700 SH Sole 85,700
American Intl Group Inc COM 026874107 3,266 27,075 SH Sole 27,075
American Mgmt Sys Inc COM 027352103 3,153 92,400 SH Sole 92,400
American Stores Co New COM 030096101 10,824 328,000 SH Sole 328,000
American Wtr Wks Inc COM 030411102 1,456 50,000 SH Sole 50,000
Ameritrade Holding Corp- COM 03072H109 494 8,000 SH Sole 8,000
Anntaylor Stores Corp COM 036115103 3,173 71,800 SH Sole 71,800
Apple Computer COM 037833100 3,817 106,200 SH Sole 106,200
Applied Pwr Inc COM 038225108 2,033 74,600 SH Sole 74,600
Arvin Inds Inc COM 043339100 1,179 35,000 SH Sole 35,000
Aspect Development Inc COM 045234101 760 32,700 SH Sole 32,700
At Home Corp - Ser A COM 045919107 362 2,300 SH Sole 2,300
Avis Rent a Car Inc COM 053790101 2,223 80,300 SH Sole 80,300
Avondale Inds Inc COM 054350103 212 7,200 SH Sole 7,200
BEC Energy COM 05538M101 875 23,800 SH Sole 23,800
BJ's Wholesale Club Inc COM 05548J106 1,021 38,800 SH Sole 38,800
Baker Hughes Inc COM 057224107 9,820 403,900 SH Sole 403,900
Banc One Corp COM 06423A103 6,358 115,460 SH Sole 115,460
Bankers Trust Corp COM 066365107 4,695 53,200 SH Sole 53,200
Bergen Brunswig Corp COM 083739102 4,738 236,900 SH Sole 236,900
Berkshire Hathaway Inc D COM 084670108 2,285 32 SH Sole 32
Best Buy Company COM 086516101 10,057 193,400 SH Sole 193,400
Bindley Westn Inds Inc COM 090324104 1,263 44,234 SH Sole 44,234
Biogen Inc COM 090597105 1,086 9,500 SH Sole 9,500
Biomatrix Inc COM 09060P102 1,693 21,700 SH Sole 21,700
Bmc Software Inc COM 055921100 1,843 49,731 SH Sole 49,731
Borg-Warner Automotive I COM 099724106 1,085 22,700 SH Sole 22,700
Brinker International In COM 109641100 1,419 54,700 SH Sole 54,700
Bristol Myers Squibb Co COM 110122108 26,060 406,400 SH Sole 406,400
Buckle Inc COM 118440106 684 30,400 SH Sole 30,400
Burlington Northern Inc COM 12189T104 6,614 201,200 SH Sole 201,200
C&D Technologies Inc. - COM 124661109 520 20,900 SH Sole 20,900
CDW Computer Ctrs Inc COM 125129106 959 13,900 SH Sole 13,900
CMG Information Services COM 125750109 513 2,800 SH Sole 2,800
CPI Corp COM 125902106 251 11,200 SH Sole 11,200
CSG Systems Intl Inc COM 126349109 532 13,500 SH Sole 13,500
CTS Corp COM 126501105 440 8,900 SH Sole 8,900
Canadaigua Brands Inc -C COM 137219200 1,068 21,200 SH Sole 21,200
Capital One Financial Co COM 14040H105 30,291 200,600 SH Sole 200,600
Carlisle Cos Inc COM 142339100 1,828 39,100 SH Sole 39,100
Casella Waste Systems In COM 147448104 228 10,100 SH Sole 10,100
Cendant Corporation COM 151313103 3,027 189,900 SH Sole 189,900
Centex Construction Prod COM 15231R109 717 20,600 SH Sole 20,600
Centura Bks Inc COM 15640T100 2,316 39,800 SH Sole 39,800
Century Telephone Enterp COM 156686107 4,854 69,100 SH Sole 69,100
Ciber Inc COM 17163B102 639 33,000 SH Sole 33,000
Cincinnati Bell Inc COM 171870108 6,069 270,500 SH Sole 270,500
Circuit City Stores Inc COM 172737108 7,808 101,900 SH Sole 101,900
Citigroup Inc COM 172967101 25,818 404,198 SH Sole 404,198
Citrix Sys Inc COM 177376100 206 5,400 SH Sole 5,400
City National Corp COM 178566105 29,186 945,300 SH Sole 945,300
Clarcor Inc COM 179895107 418 24,500 SH Sole 24,500
Commerce Bancorp Inc NJ COM 200519106 476 11,533 SH Sole 11,533
Commerce Bancshares Inc COM 200525103 723 18,777 SH Sole 18,777
Commscope Inc COM 203372107 1,045 49,900 SH Sole 49,900
Compaq COM 204493100 5,545 175,000 SH Sole 175,000
Comverse Technology Inc COM 205862402 13,150 154,700 SH Sole 154,700
Consolidated Graphics In COM 209341106 398 6,900 SH Sole 6,900
Convergys Corp COM 212485106 4,607 269,000 SH Sole 269,000
Cordant Technologies Inc COM 218412104 1,883 47,300 SH Sole 47,300
Corning Inc COM 219350105 12,756 212,600 SH Sole 212,600
Cummins Engine Inc COM 231021106 807 22,700 SH Sole 22,700
D R Horton Inc COM 23331A109 3,898 232,700 SH Sole 232,700
DPL Inc COM 233293109 879 53,300 SH Sole 53,300
DST Systems Inc COM 233326107 2,619 43,600 SH Sole 43,600
Dayton Hudson Corp COM 239753106 28,342 425,400 SH Sole 425,400
Department 56 Inc COM 249509100 423 13,900 SH Sole 13,900
Devon Energy Corp COM 251799102 256 9,300 SH Sole 9,300
Dial Corp COM 25247D101 320 9,300 SH Sole 9,300
Dime Bancorp Inc COM 25429Q102 3,645 157,200 SH Sole 157,200
Dollar Tree Stores Inc COM 256747106 4,013 129,700 SH Sole 129,700
Downey Finl Corp COM 261018105 267 14,600 SH Sole 14,600
Dycom Industries Inc COM 267475101 4,248 97,650 SH Sole 97,650
Ebay Inc COM 278642103 371 2,700 SH Sole 2,700
Edwards AG Inc COM 281760108 1,468 44,900 SH Sole 44,900
El Paso Natural Gas COM 283905107 1,226 37,500 SH Sole 37,500
Electronic Arts Inc COM 285512109 11,547 243,100 SH Sole 243,100
Electronics for Imaging COM 286082102 1,517 38,900 SH Sole 38,900
Energy East Corp COM 29266M109 5,004 95,200 SH Sole 95,200
Engineering Animation In COM 292872108 291 6,900 SH Sole 6,900
Ensco International Inc COM 26874Q100 5,875 441,300 SH Sole 441,300
Equitable Cos Inc COM 29444G107 21,175 302,500 SH Sole 302,500
Ethan Allen Interiors In COM 297602104 923 22,200 SH Sole 22,200
FBL Financial Group Inc COM 30239F106 247 13,900 SH Sole 13,900
Factset Research Systems COM 303075105 463 10,700 SH Sole 10,700
Family Dollar Stores COM 307000109 725 31,500 SH Sole 31,500
Federal Home Ln Mtg Corp COM 313400301 15,096 263,400 SH Sole 263,400
Federated Dept Stores In COM 31410H101 7,371 183,700 SH Sole 183,700
Fidelity National Finl I COM 316326107 2,361 157,390 SH Sole 157,390
Financial Security Assur COM 31769P100 2,973 59,900 SH Sole 59,900
First Amern Finl Corp COM 318522307 1,854 117,250 SH Sole 117,250
First Commonwealth Finl COM 319829107 338 15,900 SH Sole 15,900
FirstFed Financial Corp. COM 337907109 1,454 90,500 SH Sole 90,500
Florida Progress Corp COM 341109106 1,302 34,500 SH Sole 34,500
Foodmaker Inc New COM 344839204 1,326 52,000 SH Sole 52,000
Fossil Inc COM 349882100 710 23,800 SH Sole 23,800
GATX Corp COM 361448103 665 20,200 SH Sole 20,200
Galileo International In COM 363547100 8,945 184,900 SH Sole 184,900
Gallagher (Arthur J) & C COM 363576109 1,536 33,400 SH Sole 33,400
General Dynamics Corp COM 369550108 6,425 100,000 SH Sole 100,000
Genesys Telecom Labs Inc COM 371931106 801 53,200 SH Sole 53,200
Georgia-Pacific Corp. COM 373298108 4,544 61,200 SH Sole 61,200
Gleason Corp COM 377339106 332 19,600 SH Sole 19,600
Great Plains Software In COM 39119E105 820 21,200 SH Sole 21,200
Greenpoint Finl Corp COM 395384100 765 22,000 SH Sole 22,000
Guidant Corp COM 401698105 3,110 51,400 SH Sole 51,400
Gulfstream Aerospace Cor COM 402734107 3,175 73,200 SH Sole 73,200
HCC Ins Hldgs Inc COM 404132102 198 10,300 SH Sole 10,300
Hambrecht & Quist Group COM 406545103 382 11,000 SH Sole 11,000
Harte-Hanks Inc COM 416196103 516 18,800 SH Sole 18,800
Hartford Life - Class A COM 416592103 3,526 64,100 SH Sole 64,100
Heinz H J Co COM 423074103 9,665 204,000 SH Sole 204,000
Hertz Corp - Class A COM 428040109 4,521 84,500 SH Sole 84,500
Hilton Hotels Corp COM 432848109 4,206 299,100 SH Sole 299,100
Hollywood Entmt Corp COM 436141105 244 13,100 SH Sole 13,100
Hormel Foods Corp COM 440452100 1,126 31,600 SH Sole 31,600
Houghton Mifflin Co COM 441560109 248 5,300 SH Sole 5,300
Huffy Corp COM 444356109 222 18,500 SH Sole 18,500
IBP Inc COM 449223106 3,407 182,900 SH Sole 182,900
Idec Pharmaceuticals Cor COM 449370105 437 8,500 SH Sole 8,500
Imperial Bancorp COM 452556103 3,107 181,440 SH Sole 181,440
Ingersoll Rand Co COM 456866102 6,015 121,200 SH Sole 121,200
Intimate Brands Inc. COM 461156101 448 9,300 SH Sole 9,300
Intuit COM 461202103 967 9,500 SH Sole 9,500
Ipalco Enterprises Inc COM 462613100 1,788 81,500 SH Sole 81,500
Jabil Circuit Inc COM 466313103 6,695 165,300 SH Sole 165,300
Jacobs Engineering Group COM 469814107 1,069 27,100 SH Sole 27,100
Jefferies Group Inc COM 472318104 337 7,100 SH Sole 7,100
Jefferson-Pilot Corp COM 475070108 13,767 203,200 SH Sole 203,200
Johnson & Johnson COM 478160104 4,151 44,400 SH Sole 44,400
Johnson Ctls Inc COM 478366107 7,167 114,900 SH Sole 114,900
Jones Apparel Group Inc COM 480074103 2,503 89,600 SH Sole 89,600
Kansas City Southern Ind COM 485170104 11,292 198,100 SH Sole 198,100
Keane Inc COM 486665102 2,975 139,600 SH Sole 139,600
Keyspan Energy Corp COM 49337K106 407 16,200 SH Sole 16,200
Kimberly Clark Corp COM 494368103 7,867 164,100 SH Sole 164,100
Knight Ridder Inc COM 499040103 9,000 180,000 SH Sole 180,000
Kroger Co COM 501044101 9,676 161,600 SH Sole 161,600
LHS Group Inc COM 501938104 287 9,800 SH Sole 9,800
La Z Boy Inc COM 505336107 2,284 121,400 SH Sole 121,400
Labor Ready Inc COM 505401208 259 9,900 SH Sole 9,900
Lennar Corp COM 526057104 2,687 120,100 SH Sole 120,100
Level 3 Communications I COM 52729N100 430 5,900 SH Sole 5,900
Lexmark Intl Group Inc - COM 529771107 17,095 152,800 SH Sole 152,800
Limited Inc COM 532716107 5,207 131,400 SH Sole 131,400
Lincoln Nat'l Corp COM 534187109 6,644 67,200 SH Sole 67,200
Linens 'N Things Inc COM 535679104 2,895 63,800 SH Sole 63,800
Lone Star Inds Inc COM 542290408 586 18,900 SH Sole 18,900
Longs Drug Stores Corp COM 543162101 5,920 194,500 SH Sole 194,500
Louisiana-Pacific Corpor COM 546347105 5,997 322,000 SH Sole 322,000
Lowes Companies Inc COM 548661107 14,496 239,600 SH Sole 239,600
M & T Bank Corporation COM 55261F104 2,471 5,158 SH Sole 5,158
MDC Holdings Inc COM 552676108 404 28,100 SH Sole 28,100
MDU Resources Group Inc COM 552690109 441 19,300 SH Sole 19,300
Manitowoc Inc COM 563571108 461 11,000 SH Sole 11,000
Marshall & Isley Corp. COM 571834100 5,754 103,800 SH Sole 103,800
Martin Marietta Material COM 573284106 953 16,700 SH Sole 16,700
Maytag Corp COM 578592107 8,972 148,600 SH Sole 148,600
Medicis Pharmaceutical-C COM 584690309 252 8,400 SH Sole 8,400
Medimmune Inc COM 584699102 639 10,800 SH Sole 10,800
Men's Wearhouse Inc COM 587118100 1,089 37,700 SH Sole 37,700
Mercantile Bankshares Co COM 587405101 803 21,700 SH Sole 21,700
Merck & Co COM 589331107 7,740 96,600 SH Sole 96,600
Meritor Automotive Inc COM 59000G100 995 64,200 SH Sole 64,200
Merrill Lynch & Co COM 590188108 5,531 62,500 SH Sole 62,500
Metris Companies COM 591598107 262 6,500 SH Sole 6,500
Metzler Group Inc COM 592903108 960 30,600 SH Sole 30,600
Michael Foods Inc COM 594079105 1,637 85,900 SH Sole 85,900
Microsoft Corp COM 594918104 34,237 382,000 SH Sole 382,000
Midwest Express Hldgs In COM 597911106 1,003 34,150 SH Sole 34,150
Minnesot Power & Light C COM 604110106 1,142 57,800 SH Sole 57,800
Mohawk Inds Inc COM 608190104 4,119 137,300 SH Sole 137,300
Montana Power Co COM 612085100 1,354 18,400 SH Sole 18,400
Morgan Stanley Group Inc COM 617446448 16,859 168,700 SH Sole 168,700
Mylan Laboratories COM 628530107 2,008 73,200 SH Sole 73,200
NVR Inc COM 62944T105 1,226 29,100 SH Sole 29,100
National R.V. Holding In COM 637277104 336 15,200 SH Sole 15,200
Natl Commerce Bancorpora COM 635449101 5,028 220,400 SH Sole 220,400
Navistar Intl Corp New COM 63934E108 20,234 503,500 SH Sole 503,500
Network Appliance Inc COM 64120L104 1,909 37,700 SH Sole 37,700
New Era of Networks COM 644312100 1,978 29,200 SH Sole 29,200
North Fork Bancorporatio COM 659424105 1,618 76,612 SH Sole 76,612
Northwestern Corp COM 668074107 812 31,300 SH Sole 31,300
Office Depot Inc COM 676220106 6,248 166,900 SH Sole 166,900
Oge Energy Corp COM 670837103 1,568 69,500 SH Sole 69,500
Old Kent Fin Corp COM 679833103 1,709 40,400 SH Sole 40,400
Old Nat'l Bancorp COM 680033107 228 5,000 SH Sole 5,000
Omnicare Inc COM 681904108 383 20,100 SH Sole 20,100
Owens Corning Fiberglass COM 69073F103 8,475 266,400 SH Sole 266,400
Pacificare Health Sys In COM 695112201 3,897 57,100 SH Sole 57,100
Paine Webber Group Inc COM 695629105 25,670 643,750 SH Sole 643,750
PennzEnergy Co COM 70931Q109 1,946 185,300 SH Sole 185,300
Pentair Inc COM 709631105 959 28,400 SH Sole 28,400
Pharmacia & Upjohn Inc COM 716941109 26,254 420,900 SH Sole 420,900
Photronics Inc COM 719405102 384 20,600 SH Sole 20,600
Pitney Bowes Inc COM 724479100 13,776 216,100 SH Sole 216,100
Pixar Inc COM 725811103 268 6,800 SH Sole 6,800
Popular Inc COM 733174106 361 11,700 SH Sole 11,700
Precision Castparts Corp COM 740189105 435 10,800 SH Sole 10,800
Priority Healthcare Corp COM 74264T102 835 18,447 SH Sole 18,447
Progress Software Corp COM 743312100 1,080 31,650 SH Sole 31,650
Providian Financial Corp COM 74406A102 12,887 117,150 SH Sole 117,150
Qlogic Corp COM 747277101 5,263 78,400 SH Sole 78,400
Quiksilver Inc COM 74838C106 891 21,100 SH Sole 21,100
Qwest Communications Int COM 749121109 490 6,800 SH Sole 6,800
RF Micro Devices Inc COM 749941100 3,416 35,700 SH Sole 35,700
Reinsurance Group Amer I COM 759351109 1,004 23,600 SH Sole 23,600
Rite Aid Corp COM 767754104 2,213 88,500 SH Sole 88,500
Rockwell Intl Corp COM 773903109 6,765 159,400 SH Sole 159,400
Ross Stores Inc COM 778296103 1,853 42,300 SH Sole 42,300
Ruby Tuesday Inc COM 781182100 865 49,800 SH Sole 49,800
S&P 500 Depository Recei COM 78462F103 39,103 304,600 SH Sole 304,600
SEACOR SMIT Inc. COM 811904101 1,227 22,800 SH Sole 22,800
SPS Technologies Inc COM 784626103 381 9,700 SH Sole 9,700
Sabre Group Holdings Inc COM 785905100 1,951 43,000 SH Sole 43,000
Safeway Inc COM 786514208 9,457 184,300 SH Sole 184,300
Sanmina Corp COM 800907107 11,838 185,700 SH Sole 185,700
Schering Plough Corp COM 806605101 26,669 482,700 SH Sole 482,700
Scientific Atlanta Inc COM 808655104 1,932 70,900 SH Sole 70,900
Sei Corp COM 784117103 333 3,600 SH Sole 3,600
Semtech Corp. COM 816850101 430 13,500 SH Sole 13,500
Shaw Industries Inc COM 820286102 3,585 193,800 SH Sole 193,800
Siebel Systems Inc COM 826170102 1,278 26,900 SH Sole 26,900
Smithfield Foods Inc COM 832248108 216 9,500 SH Sole 9,500
Southtrust Corp COM 844730101 9,884 264,900 SH Sole 264,900
Sovereign Bancorp Inc COM 845905108 5,982 488,300 SH Sole 488,300
Spartech Corp COM 847220209 415 20,100 SH Sole 20,100
Sprint Corp COM 852061100 19,468 198,400 SH Sole 198,400
Sterling Software Inc COM 859547101 368 15,500 SH Sole 15,500
Stewart Information Svcs COM 860372101 1,655 49,300 SH Sole 49,300
Sun Microsystems Inc COM 866810104 26,526 212,100 SH Sole 212,100
Sungard Data Sys Inc COM 867363103 5,348 133,700 SH Sole 133,700
Sunrise Assisted Living COM 86768K106 4,142 90,900 SH Sole 90,900
Suntrust Bks Inc COM 867914103 1,681 27,000 SH Sole 27,000
Supervalu Inc COM 868536103 7,481 362,700 SH Sole 362,700
Swift Transportation Co COM 870756103 1,258 49,200 SH Sole 49,200
Symantec Corp COM 871503108 854 50,400 SH Sole 50,400
THQ Inc COM 872443403 397 19,500 SH Sole 19,500
Telephone & Data Sys Inc COM 879433100 17,623 312,600 SH Sole 312,600
Tellabs Inc COM 879664100 7,664 78,400 SH Sole 78,400
Terex Corp New COM 880779103 1,696 70,300 SH Sole 70,300
The McClatchy Company COM 579489105 1,232 36,700 SH Sole 36,700
Tidewater Inc COM 886423102 2,093 80,900 SH Sole 80,900
Tiffany & Co New COM 886547108 8,492 113,600 SH Sole 113,600
Tjx Cos Inc New COM 872540109 11,580 340,600 SH Sole 340,600
Torchmark Corp COM 891027104 5,819 184,000 SH Sole 184,000
Tosco Corp COM 891490302 365 14,700 SH Sole 14,700
Tower Automotive Inc COM 891707101 615 33,000 SH Sole 33,000
Tredegar Inds Inc COM 894650100 1,763 57,000 SH Sole 57,000
Tricon Global Restaurant COM 895953107 9,083 129,300 SH Sole 129,300
Trigon Healthcare Inc COM 89618L100 1,117 32,600 SH Sole 32,600
U.S. Trust Corp COM 91288L105 319 4,300 SH Sole 4,300
UAL Corp COM 902549500 257 3,300 SH Sole 3,300
USG Corp COM 903293405 1,891 36,800 SH Sole 36,800
Union Carbide Corp COM 905581104 2,440 54,000 SH Sole 54,000
Union Pac Corp COM 907818108 5,381 100,700 SH Sole 100,700
Unionbancal Corportion COM 908906100 521 15,300 SH Sole 15,300
Unisys Corp. COM 909214108 12,509 451,800 SH Sole 451,800
United Rentals Inc COM 911363109 918 32,200 SH Sole 32,200
United Technologies Corp COM 913017109 25,638 189,300 SH Sole 189,300
Universal Corp Va COM 913456109 672 26,300 SH Sole 26,300
Utilicorp United Inc COM 918005109 1,555 68,350 SH Sole 68,350
Valassis Communications COM 918866104 1,221 23,600 SH Sole 23,600
Valley Natl Bancorp COM 919794107 984 39,050 SH Sole 39,050
Vastar Res Inc COM 922380100 960 20,100 SH Sole 20,100
Veritas Software Co COM 923436109 1,106 13,700 SH Sole 13,700
Viad Corp. COM 92552R109 1,049 37,700 SH Sole 37,700
Visx Inc COM 92844S105 4,270 39,700 SH Sole 39,700
Vulcan Materials Co COM 929160109 4,941 119,600 SH Sole 119,600
Washington Post Co COM 939640108 2,399 4,600 SH Sole 4,600
Waste Management Inc COM 94106L109 34,102 768,500 SH Sole 768,500
Waters Corp COM 941848103 1,912 18,200 SH Sole 18,200
Wellpoint Health Network COM 94973H108 7,073 93,300 SH Sole 93,300
Westpoint Stevens Inc COM 961238102 454 16,400 SH Sole 16,400
Wind River Systems Inc COM 973149107 529 29,700 SH Sole 29,700
Wynns Intl Inc COM 983195108 1,655 94,900 SH Sole 94,900
Xircom Inc COM 983922105 2,711 107,900 SH Sole 107,900
Yahoo Inc COM 984332106 808 4,800 SH Sole 4,800
York Intl Corp COM 986670107 1,137 32,200 SH Sole 32,200
Zale Corp COM 988858106 410 12,000 SH Sole 12,000
REPORT SUMMARY: 329 DATA RECORDS 1,373,087 29,507,438 29,507,438
</TABLE>
