UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year of Quarter Ended: March 31, 1999
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: United Services Automobile Association
Address: 9800 Fredericksburg Road
San Antonio, TX 78288
Form 13F File Number: 28-5810
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 is understood that all required items, statements,
schedules, lists, and tables, reconsidered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Sherron Kirk
Title: Vice President - Senior Financial Officer
Phone: (210) 498-7804
Signature, Place and Date of Signing:
/s/Sherron Kirk San Antonio, TX May 14, 1999
- --------------- ---------------- ------------
[Signature] [City, State] [Date]
<PAGE>
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported on this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all
holdings are reported by other reporting managers.)
[ ] 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).)
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 3
Form 13F Information Table Entry Total: 710
Form 13F information Table Value Total: $8,182,207
----------
(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this reports.
No. Form 13F File Number Name
1 28-5802 USAA Capital Corporation
2 28-487 USAA Investment Management Co.
3 USAA Investment Corporation
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<CAPTION>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
NAME OF ISSUER TITLE OF CUSIP MARKET SHRS OR SH/ PUT/ INVESTMENT MAN- VOTING
CLASS VALUE PRIN AMOUNT PRN CALL DISCRETION AGERS AUTHORITY
SHARED
SOLE SHARED OTHER SOLE SHARED NONE
(A) (B) (C) (A) (B) (C)
<S> <C> <C> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C>
AAR CORP COMMON 000361105 10,331,269 580,001 SH X 1,2,3 580,001
AES CORPORATION COMMON 00130H105 433,838 11,500 SH X 1,2,3 11,500
AMC ENTERTAINMENT INC COMMON 001669100 461,250 30,000 SH X 1,2,3 30,000
AMR CORP COMMON 001765106 435,534 7,400 SH X 1,2,3 7,400
AT & T CORP COMMON 001957109 46,289,120 579,973 SH X 1,2,3 579,973
AT & T CORP COMMON 001957109 185,000 2,323 SH X 1 2,323
AT & T CORP COMMON 001957109 22,000 280 SH X X 1 150 130
Total AT & T CORP 001957109 46,496,120 582,576 582,446 130
ABBOTT LABORATORIES COMMON 002824100 11,146,278 238,105 SH X 1,2,3 238,105
ABBOTT LABORATORIES COMMON 002824100 280,000 5,984 SH X 1 5,984
ABBOTT LABORATORIES COMMON 002824100 154,000 3,300 SH X X 1 3,000 300
Total ABBOTT LABORATORIES 002824100 11,580,278 247,389 247,089 300
ABERCROMBIE & FITCH COMMON 002896207 13,294,068 144,501 SH X 1,2,3 144,501
ADVANCE PARADIGM INC COMMON 007491103 6,066,000 96,000 SH X 1,2,3 96,000
ADVANCED FIBER COMM COMMON 00754A105 1,241,431 129,400 SH X 1,2,3 129,400
AEROQUIP-VICKERS, INC COMMON 007869100 10,029,756 175,001 SH X 1,2,3 175,001
ADVANCED MICRO DEVICES COMMON 007903107 1,221,400 78,800 SH X 1,2,3 78,800
AETNA INC COMMON 008117103 30,851,218 371,701 SH X 1,2,3 371,701
AGNICO-EAGLE MINES COMMON 008474108 4,725,000 900,000 SH X 1,2,3 900,000
AIR PRODUCTS & CHEMICALS I COMMON 009158106 5,178,604 151,200 SH X 1,2,3 151,200
AIRTOUCH COMMUNICATIONS COMMON 00949T100 8,184,138 84,700 SH X 1,2,3 84,700
AIRTOUCH COMM PRFD CL B CU PREF C 00949T209 78,750,072 1,000,001 SH X 1,2,3 1,000,001
ALBERTSON'S INC COMMON 013104104 789,530 14,502 SH X 1,2,3 14,502
ALCAN ALUMINUM LTD COMMON 013716105 639,525 25,000 SH X 1,2,3 25,000
PAGE COLUMN TOTALS 102,894,345
1
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ALCOA INC COMMON 013817101 48,404,024 1,175,212 SH X 1,2,3 1,175,212
ALEXANDRIA REAL ESTATE EQU COMMON 015271109 9,253,126 350,000 SH X 1,2,3 350,000
ALLEGHENY ENERGY INC COMMON 017361106 39,161,283 1,327,501 SH X 1,2,3 1,327,501
ALLEGHENY TELEDYNE INC COMMON 017415100 453,471 24,002 SH X 1,2,3 24,002
ALLIED SIGNAL COMMON 019512102 17,378,061 353,302 SH X 1,2,3 353,302
ALLIED WASTE INDUSTRIES IN COMMON 019589308 2,273,906 157,500 SH X 1,2,3 157,500
ALLSTATE CORP COMMON 020002101 17,619,587 475,402 SH X 1,2,3 475,402
ALLTEL CORP COMMON 020039103 1,020,845 164,003 SH X 1,2,3 164,003
ALPHARMA INC-CL A COMMON 020813101 4,906,273 125,001 SH X 1,2,3 125,001
AMAZON.COM INC COMMON 023135106 2,066,250 12,000 SH X 1,2,3 12,000
AMERICA ON LINE INC COMMON 02364J104 34,499,800 236,300 SH X 1,2,3 236,300
AMERICAN ELECTRIC POWER COMMON 025537101 463,743 11,603 SH X 1,2,3 11,603
AMERICAN EXPRESS COMMON 025816109 15,204,980 129,404 SH X 1,2,3 129,404
AMERICAN GENERAL COMMON 026351106 4,568,537 64,802 SH X 1,2,3 64,802
AMERICAN GREETINGS CLASS A COMMON 026375105 8,183,465 322,501 SH X 1,2,3 322,501
AMERICAN HOME PRODUCTS COR COMMON 026609107 180,964,579 2,773,404 SH X 1,2,3 2,773,404
AMERICAN INDUSTRIAL PROP COMMON 026791202 19,521,607 1,679,278 SH X 1 1,679,278
AMERICAN INT'L GROUP COMMON 026874107 63,862,121 529,427 SH X 1,2,3 529,427
AMERICAN ITALIAN PASTA CL COMMON 027070101 4,375,000 175,000 SH X 1,2,3 175,000
AMERICAN STORES CO COMMON 030096101 539,491 16,201 SH X 1,2,3 16,201
AMERITECH CORPORATION/DEL COMMON 030954101 3,419,523 59,200 SH X 1,2,3 59,200
AMGEN INC COMMON 031162100 59,435,775 793,800 SH X 1,2,3 793,800
AMP INC COMMON 031897101 778,945 14,601 SH X 1,2,3 14,601
ANALOG DEVICES COMMON 032654105 9,799,650 329,400 SH X 1,2,3 329,400
PAGE COLUMN TOTALS 548,154,040
2
<PAGE>
ANHEUSER BUSCH COS INC. COMMON 035229103 45,986,879 603,601 SH X 1,2,3 603,601
AON CORP COMMON 037389103 747,313 11,801 SH X 1,2,3 11,801
APACHE CORP COMMON 037411105 11,962,775 459,003 SH X 1,2,3 459,003
APPLIED MATERIALS INC COMMON 038222105 47,832,488 775,400 SH X 1,2,3 775,400
APPLIED MICROCIRCUITS COMMON 03822W109 7,695,000 180,000 SH X 1,2,3 180,000
APTAR GROUP COMMON 038336103 3,244,800 124,800 SH X 1,2,3 124,800
ARCH CHEMICALS INC COMMON 03937R102 608,032 36,300 SH X 1,2,3 36,300
ARCHER-DANIELS-MIDLAND CO COMMON 039483102 594,695 41,104 SH X 1,2,3 41,104
ASCEND COMMUNICATIONS COMMON 043491109 19,289,969 230,500 SH X 1,2,3 230,500
ASHANTI GOLDFIELDS GDS FOREIG 043743202 6,781,250 775,000 SH X 1,2,3 775,000
ASIA SATELLITE TELECOM ADR FOREIG 04516X106 4,610,963 299,900 SH X 1,2,3 299,900
ASSOCIATES FIRST CAPITAL-A COMMON 046008108 33,411,574 742,479 SH X 1,2,3 742,479
ASTRAZENECA PLC -SPONS ADR FOREIG 046353108 2,211,938 47,000 SH X 1,2,3 47,000
ATLANTIC COAST AIRLINES HO COMMON 048396105 3,445,313 122,500 SH X 1,2,3 122,500
ATLANTIC RICHFIELD CO COMMON 048825103 46,019,338 630,402 SH X 1,2,3 630,402
AUTOMATIC DATA PROCESSING COMMON 053015103 1,999,441 48,604 SH X 1,2,3 48,604
AVALONBAY COMMUNITIES INC COMMON 053484101 12,650,215 400,007 SH X 1,2,3 400,007
AVERY DENNISON CORP COMMON 053611109 29,244,557 508,601 SH X 1,2,3 508,601
AVIATION SALES CO COMMON 053672101 11,347,500 255,000 SH X 1,2,3 255,000
AVON PRODUCTS, INC. COMMON 054303102 8,113,617 172,401 SH X 1,2,3 172,401
BB&T CORP COMMON 054937107 641,170 17,510 SH X 1,2,3 17,510
BMC SOFTWARE INC COMMON 055921100 659,855 17,500 SH X 1,2,3 17,500
BAKER HUGHES INC COMMON 057224107 628,623 38,010 SH X 1,2,3 38,010
BALL CORP COMMON 058498106 20,112,800 428,502 SH X 1,2,3 428,502
PAGE COLUMN TOTALS 319,840,104
3
<PAGE>
BANK OF AMERICA CORP COMMON 060505104 95,171,637 1,347,563 SH X 1,2,3 1,347,563
BANK OF NEW YORK COMMON 064057102 4,596,984 127,916 SH X 1,2,3 127,916
BANK ONE CORP COMMON 06423A103 52,571,009 954,752 SH X 1,2,3 954,752
BANK UNITED CORP COMMON 065412108 4,291,914 105,001 SH X 1,2,3 105,001
BANKAMERICA CORP NEW COMMON 06605F102 146,000 2,064 SH X 1 2,064
BANKAMERICA CORP NEW COMMON 06605F102 64,000 905 SH X X 1 905
Total BANKAMERICA CORP NEW 06605F102 210,000 2,969 2,969
BANKBOSTON CORP COMMON 06605R106 13,504,838 311,800 SH X 1,2,3 311,800
BANKERS TRUST CORP COMMON 066365107 72,798,018 824,907 SH X 1,2,3 824,907
BARRICK GOLD CORP COMMON 067901108 7,058,756 413,700 SH X 1,2,3 413,700
BARRA INC COMMON 068313105 3,201,250 130,000 SH X 1,2,3 130,000
BAUSCH & LOMB INC COMMON 071707103 48,990,606 753,702 SH X 1,2,3 753,702
BAXTER INTERNATIONAL COMMON 071813109 899,855 13,511 SH X 1,2,3 13,511
BEAR STEARNS CO COMMON 073902108 610,264 13,656 SH X 1,2,3 13,656
BECTON DICKINSON & CO COMMON 075887109 446,752 11,505 SH X 1,2,3 11,505
BELL ATLANTIC CORP COMMON 077853109 137,772,190 2,665,484 SH X 1,2,3 2,665,484
BELL ATLANTIC CORP COMMON 077853109 214,000 4,137 SH X 1 3,751 386
BELL ATLANTIC CORP COMMON 077853109 50,000 960 SH X X 1 848 112
Total BELL ATLANTIC CORP 077853109 138,036,190 2,670,581 2,670,083 386 112
BELLSOUTH CORP COMMON 079860102 16,517,920 412,304 SH X 1,2,3 412,304
BELLSOUTH CORP COMMON 079860102 238,000 5,948 SH X 1 5,348 600
BELLSOUTH CORP COMMON 079860102 132,000 3,306 SH X X 1 1,310 1996
Total BELLSOUTH CORP 079860102 16,887,920 421,558 418,962 2596
BEMIS COMPANY COMMON 081437105 2,438,520 78,504 SH X 1,2,3 78,504
PAGE COLUMN TOTALS 461,714,512
4
<PAGE>
BERINGER WINE ESTATES HLDG COMMON 084102102 4,801,500 132,000 SH X 1,2,3 132,000
BESTFOODS INC COMMON 08658U101 5,353,616 113,907 SH X 1,2,3 113,907
BIOGEN, INC. COMMON 090597105 11,419,819 99,900 SH X 1,2,3 99,900
BLUE SQUARE-ISRAEL LTD ADS FOREIG 096055108 2,440,358 191,401 SH X 1,2,3 191,401
BOEING COMPANY COMMON 097023105 34,426,344 1,008,800 SH X 1,2,3 1,008,800
BOSTON PROPERTIES COMMON 101121101 27,671,875 875,000 SH X 1,2,3 875,000
BOSTON SCIENTIFIC CORP. COMMON 101137107 4,275,288 105,400 SH X 1,2,3 105,400
BRANDYWINE REALTY TRUST COMMON 105368203 9,750,038 600,002 SH X 1,2,3 600,002
BRIGHTPOINT INC COMMON 109473108 2,054,784 347,900 SH X 1,2,3 347,900
BRINKER INTL INC COMMON 109641100 3,871,875 150,000 SH X 1,2,3 150,000
BRISTOL MYERS SQUIBB COMMON 110122108 187,960,101 2,922,606 SH X 1,2,3 2,922,606
BRISTOL MYERS SQUIBB COMMON 110122108 238,000 3,718 SH X 1 3,718
BRISTOL MYERS SQUIBB COMMON 110122108 128,000 2,000 SH X X 1 2,000
Total BRISTOL MYERS SQUIBB 110122108 188,326,101 2,928,324 2,928,324
BROOKS AUTOMATION COMMON 11434A100 4,237,825 189,400 SH X 1,2,3 189,400
BRUNSWICK CORP COMMON 117043109 36,905,075 1,936,004 SH X 1,2,3 1,936,004
BURLINGTON NORTHERN SANTA COMMON 12189T104 884,928 27,408 SH X 1,2,3 27,408
CBT GROUP PLC-SPONSORED AD FOREIG 124853300 1,534,913 134,200 SH X 1,2,3 134,200
CBS COMMON 12490K107 18,790,856 459,013 SH X 1,2,3 459,013
CFM TECHNOLOGIES COMMON 12525K106 1,925,600 265,600 SH X 1,2,3 265,600
CIGNA CORP COMMON 125509109 5,221,757 62,303 SH X 1,2,3 62,303
CSK AUTO CORPORATION COMMON 125965103 3,442,813 115,000 SH X 1,2,3 115,000
CNF TRANSPORTATION COMMON 12612W104 3,062,960 81,004 SH X 1,2,3 81,004
CSX CORP COMMON 126408103 611,048 15,711 SH X 1,2,3 15,711
PAGE COLUMN TOTALS 371,009,373
5
<PAGE>
CVS CORP COMMON 126650100 12,730,240 268,005 SH X 1,2,3 268,005
CADBURY SCHWEPPES PLC ADRS FOREIG 127209302 31,162,376 536,704 SH X 1,2,3 536,704
CAMPBELL SOUP CO COMMON 134429109 6,396,401 157,208 SH X 1,2,3 157,208
CANADIAN NATL RLWY COMMON FOREIG 136375102 17,738,875 318,901 SH X 1,2,3 318,901
CANADIAN OCCIDENTAL PETROL FOREIG 136420106 9,179,563 761,000 SH X 1,2,3 761,000
CAPITAL ONE FINANCIAL CORP COMMON 14040H105 650,274 4,304 SH X 1,2,3 4,304
CAPROCK COMMUNICATIONS COR COMMON 140667106 1,365,000 70,000 SH X 1,2,3 70,000
CARBO CERAMICS COMMON 140781105 2,486,952 115,004 SH X 1,2,3 115,004
CARDINAL HEALTH COMMON 14149Y108 3,871,175 58,654 SH X 1,2,3 58,654
CARNIVAL CORP COMMON 143658102 1,959,436 40,106 SH X 1,2,3 40,106
CAROLINA POWER & LIGHT COMMON 144141108 393,223 10,408 SH X 1,2,3 10,408
CASE CORPORATION COMMON 14743R103 1,992,039 78,504 SH X 1,2,3 78,504
CATERPILLAR INC COMMON 149123101 6,757,937 147,112 SH X 1,2,3 147,112
CENDANT CORP COMMON 151313103 4,480,875 284,500 SH X 1,2,3 284,500
CENTOCOR, INC. COMMON 152342101 6,408,656 173,500 SH X 1,2,3 173,500
CENTRAL & SOUTH WEST CORP COMMON 152357109 415,769 17,811 SH X 1,2,3 17,811
CENTRAL HUDSON GAS & ELEC COMMON 153609102 11,685,689 326,302 SH X 1,2,3 326,302
CERPROBE CORP COMMON 156787103 2,229,975 174,900 SH X 1,2,3 174,900
CHAMPION INTERNATIONAL COR COMMON 158525105 1,007,206 24,503 SH X 1,2,3 24,503
CHASE MANHATTAN CORP COMMON 16161A108 60,188,147 740,208 SH X 1,2,3 740,208
CHATTEM INC COMMON 162456107 2,687,500 86,000 SH X 1,2,3 86,000
CHECKFREE HOLDINGS CORP COMMON 162816102 6,031,106 141,700 SH X 1,2,3 141,700
CHELSEA GCA REALTY COMMON 163262108 11,150,106 400,004 SH X 1,2,3 400,004
PAGE COLUMN TOTALS 202,968,521
6
<PAGE>
CHEVRON CORP COMMON 166751107 36,384,065 411,410 SH X 1,2,3 411,410
CHEVRON CORP COMMON 166751107 259,000 2,920 SH X 1 2,720
CHEVRON CORP COMMON 166751107 11,000 124 SH X X 1 124
Total CHEVRON CORP 166751107 36,654,065 414,454 414,254
CHUBB CORP COMMON 171232101 642,021 10,908 SH X 1,2,3 10,908
CIENA CORP COMMON 171779101 2,088,000 92,800 SH X 1,2,3 92,800
CISCO SYSTEMS INC COMMON 17275R102 97,587,538 890,702 SH X 1,2,3 890,702
CISCO SYSTEMS INC COMMON 17275R102 206,000 1,877 SH X 1 1,877
CISCO SYSTEMS INC COMMON 17275R102 22,000 200 SH X X 1 200
Total CISCO SYSTEMS INC 17275R102 97,815,538 892,779 892,779
CITIGROUP INC COMMON 172967101 94,446,709 1,478,618 SH X 1,2,3 1,478,618
CLEAR CHANNEL COMMUNICATIO COMMON 184502102 26,161,081 390,100 SH X 1,2,3 390,100
CLOROX COMPANY COMMON 189054109 718,274 6,102 SH X 1,2,3 6,102
COACH USA INC COMMON 18975L106 7,012,500 255,000 SH X 1,2,3 255,000
COASTAL CORP COMMON 190441105 519,562 15,602 SH X 1,2,3 15,602
COCA-COLA COMMON 191216100 24,428,234 398,016 SH X 1,2,3 398,016
COCA-COLA COMMON 191216100 442,000 7,202 SH X 1 7,202
COCA-COLA COMMON 191216100 12,000 200 SH X X 1 200
Total COCA-COLA 191216100 24,882,234 405,418 405,218 200
COCA-COLA ENTERPRISES COMMON 191219104 2,347,980 77,619 SH X 1,2,3 77,619
COFLEXIP ADS FOREIG 192384105 8,597,400 249,200 SH X 1,2,3 249,200
COLGATE PALMOLIVE CORP COMMON 194162103 14,710,986 159,902 SH X 1,2,3 159,902
COLUMBIA BANKING SYSTEM COMMON 197236102 3,225,000 215,000 SH X 1,2,3 215,000
COLUMBIA HCA HEALTHCARE CO COMMON 197677107 1,988,780 105,018 SH X 1,2,3 105,018
PAGE COLUMN TOTALS 321,810,130
7
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COLUMBIA SPORTSWEAR COMMON 198516106 2,649,375 135,000 SH X 1,2,3 135,000
COMCAST CORP CL A NON-VOTI COMMON 200300200 1,906,398 30,604 SH X 1,2,3 30,604
COMERICA INC COMMON 200340107 597,718 9,603 SH X 1,2,3 9,603
GRUPO PAO DE ACUCAR ADS FOREIG 20440T201 4,245,638 290,300 SH X 1,2,3 290,300
CO DE MINAS BUENAVENTURA S FOREIG 204448104 6,717,750 507,000 SH X 1,2,3 507,000
COMPANIA TELEFONOS DE CHIL FOREIG 204449300 1,814,356 77,002 SH X 1,2,3 77,002
COMPAQ COMPUTER CORP COMMON 204493100 20,873,310 658,724 SH X 1,2,3 658,724
COMPUTER ASSOCIATES INT'L COMMON 204912109 8,674,083 243,911 SH X 1,2,3 243,911
COMPUTER SCIENCES CORP COMMON 205363104 732,886 13,201 SH X 1,2,3 13,201
COMPUWARE CORP COMMON 205638109 664,191 28,400 SH X 1,2,3 28,400
CON AGRA COMMON 205887102 5,915,952 231,431 SH X 1,2,3 231,431
CONCENTRIC NETWORK CORP COMMON 20589R107 15,398,500 206,000 SH X 1,2,3 206,000
CONDOR TECHNOLOGY SOLUTION COMMON 206772105 2,521,300 265,400 SH X 1,2,3 265,400
CONSECO INC COMMON 208464107 3,008,035 97,426 SH X 1,2,3 97,426
CONSOLIDATED EDISON COMMON 209115104 560,827 12,318 SH X 1,2,3 12,318
CONTINENTAL AIRLINES 6 3/4 CONV B 210795AS9 19,425,000 15,000,000 SH X 1,2,3 15,000,000
COPART INC COMMON 217204106 2,075,000 100,000 SH X 1,2,3 100,000
CORNING INC COMMON 219350105 943,146 15,719 SH X 1,2,3 15,719
CORPORATE EXECUTIVE BOARD COMMON 21988R102 1,358,313 51,500 SH X 1,2,3 51,500
CORRECTIONAL PROPERTIES TR COMMON 22025E104 5,250,018 350,001 SH X 1,2,3 350,001
COST PLUS INC/CALIFORNIA COMMON 221485105 6,891,375 234,600 SH X 1,2,3 234,600
COSTCO COMPANIES INC COMMON 22160Q102 1,239,722 13,600 SH X 1,2,3 13,600
COUNTRYWIDE CREDIT IND INC COMMON 222372104 3,368,176 89,818 SH X 1,2,3 89,818
COVAD COMMUNICATIONS GROUP COMMON 222814204 2,676,025 40,700 SH X 1,2,3 40,700
PAGE COLUMN TOTALS 119,507,095
8
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CROWN CASTLE INTL CORP COMMON 228227104 2,262,600 125,700 SH X 1,2,3 125,700
CUTTER AND BUCK INC COMMON 232217109 672,000 21,000 SH X 1,2,3 21,000
CYMER INC COMMON 232572107 4,730,250 238,000 SH X 1,2,3 238,000
DTE ENERGY CO COMMON 233331107 396,537 10,209 SH X 1,2,3 10,209
DANA CORP. COMMON 235811106 6,224,487 163,802 SH X 1,2,3 163,802
DANAHER CORP COMMON 235851102 470,116 9,002 SH X 1,2,3 9,002
DATUM INC COMMON 238208102 1,187,325 175,900 SH X 1,2,3 175,900
DAVE AND BUSTER'S INC COMMON 23833N104 1,968,000 96,000 SH X 1,2,3 96,000
DAYTON HUDSON COMMON 239753106 17,522,915 263,008 SH X 1,2,3 263,008
DAYTON MINING FOREIG 239902109 93,750 1,000,000 SH X 1,2,3 1,000,000
DEERE & CO COMMON 244199105 55,175,813 1,428,500 SH X 1,2,3 1,428,500
DELIA'S INC COMMON 246885107 6,142,500 195,000 SH X 1,2,3 195,000
DELL COMPUTER COMMON 247025109 17,637,563 431,500 SH X 1,2,3 431,500
DELL COMPUTER COMMON 247025109 224,000 5,480 SH X 1 5,480
Total DELL COMPUTER 247025109 17,861,563 436,980 436,980
DELTA AIR LINES INC COMMON 247361108 336,216 4,807 SH X 1,2,3 4,807
DELTEK SYSTEMS INC COMMON 24785A108 1,337,625 123,000 SH X 1,2,3 123,000
DESC SA DE CV ADS FOREIG 250309101 10,432,411 390,910 SH X 1,2,3 390,910
DIGITAL MICROWAVE CORP COMMON 253859102 1,844,301 220,215 SH X 1,2,3 220,215
DIGITAL RIVER COMMON 25388B104 6,920,000 173,000 SH X 1,2,3 173,000
DISNEY, WALT COMMON 254687106 44,820,468 1,440,000 SH X 1,2,3 1,440,000
DISTRIBUCION Y SERVICIO- FOREIG 254753106 1,837,025 149,200 SH X 1,2,3 149,200
DOLLAR TREE STORES COMMON 256747106 11,168,438 361,000 SH X 1,2,3 361,000
DOMINION RESOURCES COMMON 257470104 425,639 11,600 SH X 1,2,3 11,600
PAGE COLUMN TOTALS 193,829,979
9
<PAGE>
DOVER CORP COMMON 260003108 2,972,058 90,405 SH X 1,2,3 90,405
DOW CHEMICAL COMMON 260543103 3,997,983 42,903 SH X 1,2,3 42,903
DUPONT (E.I.) DE NEMOURS & COMMON 263534109 31,174,314 536,910 SH X 1,2,3 536,910
DUANE READE INC COMMON 263578106 6,673,275 239,400 SH X 1,2,3 239,400
DUKE ENERGY CORP COMMON 264399106 1,019,325 18,710 SH X 1,2,3 18,710
ECI TELECOM LTD ORDS FOREIG 268258100 4,060,000 116,000 SH X 1,2,3 116,000
EMC CORP/MASS COMMON 268648102 3,577,000 28,000 SH X 1,2,3 28,000
ENI SPA-SPON ADR FOREIG 26874R108 11,608,688 183,900 SH X 1,2,3 183,900
E.SPIRE COMMUNICATIONS INC COMMON 269153102 2,956,250 215,000 SH X 1,2,3 215,000
ETEC SYSTEMS, INC COMMON 26922C103 2,775,956 94,300 SH X 1,2,3 94,300
EAGLE USA AIRFREIGHT INC COMMON 270018104 4,907,500 151,000 SH X 1,2,3 151,000
EASTMAN KODAK COMMON 277461109 7,275,801 113,907 SH X 1,2,3 113,907
EATON CORP COMMON 278058102 2,326,893 32,704 SH X 1,2,3 32,704
EDISON INTERNATIONAL COMMON 281020107 520,262 23,409 SH X 1,2,3 23,409
EL PASO ENERGY CAPITOL TRU PREF C 283678209 7,180,250 149,200 SH X 1,2,3 149,200
ELAN FOREIG 284131208 4,324,570 62,001 SH X 1,2,3 62,001
ELECTRIC LIGHTWAVE INC CL COMMON 284895109 1,596,875 175,000 SH X 1,2,3 175,000
ELECTROGLAS INC COMMON 285324109 2,419,213 187,900 SH X 1,2,3 187,900
ELECTRONIC DATA SYSTEMS CO COMMON 285661104 1,642,074 33,600 SH X 1,2,3 33,600
ELF AQUITAINE ADS FOREIG 286269105 22,832,400 339,200 SH X 1,2,3 339,200
EMERSON ELECTRIC COMMON 291011104 1,239,559 23,704 SH X 1,2,3 23,704
ENERSIS ADR FOREIG 29274F104 1,930,500 72,000 SH X 1,2,3 72,000
ENRON CORP. COMMON 293561106 1,166,190 18,102 SH X 1,2,3 18,102
ENTERCOM COMMUNICATIONS CO COMMON 293639100 2,946,738 83,300 SH X 1,2,3 83,300
PAGE COLUMN TOTALS 133,123,674
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ENTERGY CORP COMMON 29364G103 533,206 19,215 SH X 1,2,3 19,215
ENTERTAINMENT PROPERTIES T COMMON 29380T105 11,212,566 650,004 SH X 1,2,3 650,004
ENTRUST TECHNOLOGIES INC COMMON 293848107 3,614,625 107,100 SH X 1,2,3 107,100
ERICSSON (LM) TEL-SP ADR FOREIG 294821400 4,810,177 202,002 SH X 1,2,3 202,002
ETHAN ALLEN INTERIORS INC COMMON 297602104 9,351,712 225,004 SH X 1,2,3 225,004
EVEREST REINSURANCE HOLDIN COMMON 299808105 9,652,659 309,504 SH X 1,2,3 309,504
EXPRESS SCRIPTS INC CL A COMMON 302182100 31,023,438 361,000 SH X 1,2,3 361,000
EXXON CORP COMMON 302290101 27,937,419 395,924 SH X 1,2,3 395,924
EXXON CORP COMMON 302290101 620,000 8,781 SH X 1 8,781
EXXON CORP COMMON 302290101 155,000 2,200 SH X X 1 1,600 600
Total EXXON CORP 302290101 28,712,419 406,905 406,305 600
FMC CORP COMMON 302491303 7,801,250 158,000 SH X 1,2,3 158,000
FPL GROUP INC COMMON 302571104 517,841 9,711 SH X 1,2,3 9,711
FASTENAL CO. COMMON 311900104 3,239,825 92,401 SH X 1,2,3 92,401
FDX CORP COMMON 31304N107 10,588,050 114,080 SH X 1,2,3 114,080
FREDDIE MAC COMMON 313400301 14,909,892 261,005 SH X 1,2,3 261,005
FANNIE MAE COMMON 313586109 20,643,749 298,105 SH X 1,2,3 298,105
FANNIE MAE COMMON 313586109 152,000 2,190 SH X 1 2,190
FANNIE MAE COMMON 313586109 104,000 1,500 SH X X 1 1,200 300
Total FANNIE MAE 313586109 20,899,749 301,795 301,495 300
FEDERATED DEPARTMENT STORE COMMON 31410H101 600,180 15,000 SH X 1,2,3 15,000
FELCOR LODGING TRUST COMMON 31430F101 22,028,207 950,004 SH X 1,2,3 950,004
FIFTH THIRD BANCORP COMMON 316773100 899,224 13,709 SH X 1,2,3 13,709
FIRST DATA CORP COMMON 319963104 62,004,784 1,450,404 SH X 1,2,3 1,450,404
PAGE COLUMN TOTALS 242,399,804
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FIRST INDUSTRIAL REALTY TR COMMON 32054K103 23,937,519 1,000,001 SH X 1,2,3 1,000,001
FIRST UNION CORP COMMON 337358105 39,228,796 734,106 SH X 1,2,3 734,106
FIRST UNION CORP COMMON 337358105 423,000 7,911 SH X 1 7,911
FIRST UNION CORP COMMON 337358105 13,000 243 SH X X 1 243
Total FIRST UNION CORP 337358105 39,664,796 742,260 742,260
FIRSTENERGY CORP COMMON 337932107 432,416 15,000 SH X 1,2,3 15,000
FLEET FINANCIAL GROUP INC COMMON 338915101 40,725,590 1,082,408 SH X 1,2,3 1,082,408
FLUOR CORP. COMMON 343861100 3,402,186 126,007 SH X 1,2,3 126,007
FOMENTO ECONOMICO MEX-SP A FOREIG 344419106 2,598,750 84,000 SH X 1,2,3 84,000
FORD MOTOR CO. COMMON 345370100 140,212,795 2,470,710 SH X 1,2,3 2,470,710
FORE SYSTEMS INC COMMON 345449102 4,713,328 249,300 SH X 1,2,3 249,300
FORTUNE BRANDS INC COMMON 349631101 602,690 15,513 SH X 1,2,3 15,513
FOUR SEASONS HOTEL INC. FOREIG 35100E104 6,471,250 155,000 SH X 1,2,3 155,000
FRANCHISE FINANCE CORP OF COMMON 351807102 8,425,330 400,016 SH X 1,2,3 400,016
FRANKLIN RESOURCES COMMON 354613101 6,494,063 230,900 SH X 1,2,3 230,900
FREEPORT MCMORAN COP/GOLD- COMMON 35671D105 4,100,019 400,002 SH X 1,2,3 400,002
FRONTIER CORP COMMON 35906P105 737,499 14,400 SH X 1,2,3 14,400
GST TELECOMMUNICATIONS COMMON 361942105 2,722,344 248,900 SH X 1,2,3 248,900
GPU INC COMMON 36225X100 418,933 11,105 SH X 1,2,3 11,105
GTE CORP COMMON 362320103 124,769,498 2,062,306 SH X 1,2,3 2,062,306
GABLES RESIDENTIAL TRUST COMMON 362418105 8,825,005 400,000 SH X 1,2,3 400,000
GANNETT CO. COMMON 364730101 7,717,882 122,506 SH X 1,2,3 122,506
GAP INC COMMON 364760108 18,710,302 277,962 SH X 1,2,3 277,962
PAGE COLUMN TOTALS 445,682,195
12
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GENERAL ELECTRIC CO COMMON 369604103 152,509,301 1,378,615 SH X 1,2,3 1,378,615
GENERAL ELECTRIC CO COMMON 369604103 1,028,000 9,292 SH X 1 9,292
GENERAL ELECTRIC CO COMMON 369604103 484,000 4,378 SH X X 1 4,078 300
Total GENERAL ELECTRIC CO 369604103 154,021,301 1,392,285 1,391,985 300
GENERAL MILLS, INC. COMMON 370334104 14,266,937 188,810 SH X 1,2,3 188,810
GENERAL MOTORS COMMON 370442105 3,412,518 38,911 SH X 1,2,3 38,911
GENESCO INC COMMON 371532102 823,250 89,000 SH X 1,2,3 89,000
GENESIS MICROCHIP INC FOREIG 371933102 4,940,000 208,000 SH X 1,2,3 208,000
GENZYME CORP-GEN DIVISION COMMON 372917104 8,917,350 176,800 SH X 1,2,3 176,800
GEORGIA-PAC GP COMMON 373298108 3,409,026 45,913 SH X 1,2,3 45,913
GETCHELL GOLD CORP COMMON 374265106 4,059,063 155,000 SH X 1,2,3 155,000
GILLETTE CO. COMMON 375766102 17,498,696 294,405 SH X 1,2,3 294,405
GLAXO WELLCOME PLC-SPONS A FOREIG 37733W105 9,244,123 138,101 SH X 1,2,3 138,101
GLOBAL TELESYSTEMS GROUP I COMMON 37936U104 11,618,219 207,700 SH X 1,2,3 207,700
GLOBIX CORP COMMON 37957F101 4,104,375 110,000 SH X 1,2,3 110,000
GOLDEN STATE VINTNERS CL B COMMON 38121K208 1,360,875 114,000 SH X 1,2,3 114,000
GOLF TRUST OF AMERICA COMMON 38168B103 8,390,756 375,006 SH X 1,2,3 375,006
GOODRICH, B.F. COMMON 382388106 46,047,449 1,342,002 SH X 1,2,3 1,342,002
GOODYEAR TIRE & RUBBER CO COMMON 382550101 699,902 14,003 SH X 1,2,3 14,003
GRAY COMMUNICATIONS CL B COMMON 389190208 1,341,513 100,300 SH X 1,2,3 100,300
GUCCI GROUP NV FOREIG 401566104 11,342,450 140,900 SH X 1,2,3 140,900
GUIDANT CORP COMMON 401698105 5,148,784 85,104 SH X 1,2,3 85,104
HMT TECHNOLOGY COMMON 403917107 1,140,300 325,800 SH X 1,2,3 325,800
HALLIBURTON CO. COMMON 406216101 9,082,362 235,906 SH X 1,2,3 235,906
PAGE COLUMN TOTALS 320,869,249
13
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HAMILTON BANCORP INC COMMON 407013101 178,100 SH X 1,2,3 178,100
HARMONIC INC COMMON 413160102 7,583,063 274,500 SH X 1,2,3 274,500
HARTE-HANKS INC COMMON 416196103 2,387,189 87,005 SH X 1,2,3 87,005
HARTFORD FINANCIAL SVCS GR COMMON 416515104 845,160 14,911 SH X 1,2,3 14,911
HASBRO INC. COMMON 418056107 579,002 20,009 SH X 1,2,3 20,009
HEICO CORP CL A COMMON 422806208 2,778,750 130,000 SH X 1,2,3 130,000
H.J. HEINZ COMMON 423074103 21,125,357 445,918 SH X 1,2,3 445,918
HELLER FINANCIAL INC COMMON 423328103 3,055,024 130,001 SH X 1,2,3 130,001
HELMERICH & PAYNE COMMON 423452101 14,565,621 642,011 SH X 1,2,3 642,011
HERCULES INC COMMON 427056106 10,100,140 400,006 SH X 1,2,3 400,006
HERSHEY'S FOODS COMMON 427866108 22,115,056 394,912 SH X 1,2,3 394,912
HEWLETT-PACKARD CO COMMON 428236103 01,733,179 1,500,213 SH X 1,2,3 1,500,213
HI/FN INC COMMON 428358105 375,000 10,000 SH X 1,2,3 10,000
HIBBETT SPORTING GOODS INC COMMON 428565105 3,841,000 184,000 SH X 1,2,3 184,000
HIGHWOODS PROPERTIES COMMON 431284108 17,671,963 750,004 SH X 1,2,3 750,004
HILLENBRAND INDUSTRIES INC COMMON 431573104 23,089,298 499,904 SH X 1,2,3 499,904
HILTON HOTELS CORP COMMON 432848109 369,072 25,620 SH X 1,2,3 25,620
HOLLINGER INTERNATIONAL IN COMMON 435569108 12,477,530 920,002 SH X 1,2,3 920,002
HOME DEPOT INC COMMON 437076102 28,081,405 451,107 SH X 1,2,3 451,107
HONEYWELL INC COMMON 438506107 438,625 5,803 SH X 1,2,3 5,803
HORIZON ORGANIC HOLDING CO COMMON 44043T103 1,770,000 120,000 SH X 1,2,3 120,000
HOST MARRIOTT CORP COMMON 44107P104 10,012,514 900,001 SH X 1,2,3 900,001
HOUSEHOLD INTERNATIONAL IN COMMON 441815107 4,768,229 104,509 SH X 1,2,3 104,509
HUNTINGTON BANCSHARES COMMON 446150104 544,755 18,102 SH X 1,2,3 18,102
PAGE COLUMN TOTALS 290,306,931
14
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ICN PHARMACEUTICALS INC COMMON 448924100 3,778,578 150,018 SH X 1,2,3 150,018
IDT CORP COMMON 448947101 2,700,000 150,000 SH X 1,2,3 150,000
HYPERION TELECOMMUNICA. CL COMMON 44914K306 2,642,038 217,900 SH X 1,2,3 217,900
ICG COMMUNICATION COMMON 449246107 1,688,000 84,400 SH X 1,2,3 84,400
IDEC PHARMACEUTICALS CORP. COMMON 449370105 7,860,375 153,000 SH X 1,2,3 153,000
IMS HEALTH INCORPORATED COMMON 449934108 3,508,108 105,905 SH X 1,2,3 105,905
IRSA INVERS Y REPRES SA GD FOREIG 450047204 4,806,633 182,242 SH X 1,2,3 182,242
ITC DELTACOM COMMON 45031T104 6,707,344 307,500 SH X 1,2,3 307,500
IXC COMMUNICATIONS COMMON 450713102 3,004,813 65,500 SH X 1,2,3 65,500
ICON PLC SPONSORED ADR FOREIG 45103T107 1,522,500 105,000 SH X 1,2,3 105,000
ILLINOIS TOOL WORKS INC COMMON 452308109 1,034,195 16,902 SH X 1,2,3 16,902
IMMUNEX CORP COMMON 452528102 8,658,000 104,000 SH X 1,2,3 104,000
INFINITY BROADCASTING CORP COMMON 45662S102 4,132,875 160,500 SH X 1,2,3 160,500
INGERSOLL RAND CO. COMMON 456866102 1,214,279 24,304 SH X 1,2,3 24,304
INTEGRATED PROCESS EQUIPTM COMMON 45812K108 2,704,500 300,500 SH X 1,2,3 300,500
INTEL CORP COMMON 458140100 114,453,931 962,809 SH X 1,2,3 962,809
INTEL CORP COMMON 458140100 199,000 1,670 SH X 1 1,670
INTEL CORP COMMON 458140100 238,000 2,000 SH X X 1 1,300 200 500
Total INTEL CORP 458140100 114,890,931 966,479 965,779 200 500
INTERMEDIA COMMUNICATIONS COMMON 458801107 2,715,750 102,000 SH X 1,2,3 102,000
INTERMET CORP COMMON 45881K104 3,557,784 266,003 SH X 1,2,3 266,003
INTL BUSINESS MACHINES COMMON 459200101 63,349,464 357,402 SH X 1,2,3 357,402
INTL BUSINESS MACHINES COMMON 459200101 319,000 1,800 SH X 1 1,800
Total INTL BUSINESS MACHINES 459200101 63,668,464 359,202 359,202
PAGE COLUMN TOTALS 355,686,098
15
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INTERNATIONAL FLAVORS & FR COMMON 459506101 11,268,842 300,002 SH X 1,2,3 300,002
INTERNATIONAL GAME TECHNOL COMMON 459902102 1,968,940 135,206 SH X 1,2,3 135,206
INTL PAPER CO COMMON 460146103 2,050,832 48,612 SH X 1,2,3 48,612
INTERPUBLIC GROUP COS INC COMMON 460690100 692,482 8,902 SH X 1,2,3 8,902
INTERSTATE ENERGY CORP COMMON 460845100 33,231,459 1,254,017 SH X 1,2,3 1,254,017
IVAX CORP COMMON 465823102 3,376,027 285,801 SH X 1,2,3 285,801
JEFFERSON-PILOT CORP COMMON 475070108 494,963 7,303 SH X 1,2,3 7,303
JEFFERSON SMURFIT GRP-SP A FOREIG 47508W107 2,802,000 140,100 SH X 1,2,3 140,100
JOHNSON & JOHNSON COMMON 478160104 76,402,886 815,508 SH X 1,2,3 815,508
JOHNSON CONTROLS INC COMMON 478366107 803,145 12,905 SH X 1,2,3 12,905
JONES PHARMA INC COMMON 480236108 5,089,313 146,455 SH X 1,2,3 146,455
KLA-TENCOR CORPORATION COMMON 482480100 4,205,513 86,600 SH X 1,2,3 86,600
KEEBLER FOODS COMPANY COMMON 487256109 5,099,050 139,700 SH X 1,2,3 139,700
KELLOGG CO. COMMON 487836108 11,553,901 341,705 SH X 1,2,3 341,705
KEYCORP COMMON 493267108 868,260 28,912 SH X 1,2,3 28,912
KIMBERLY-CLARK CORP COMMON 494368103 39,586,893 825,802 SH X 1,2,3 825,802
KIMBERLY-CLARK CORP COMMON 494368103 204,000 4,254 SH X 1 4,254
KIMBERLY-CLARK CORP COMMON 494368103 38,000 800 SH X X 1 800
Total KIMBERLY-CLARK CORP 494368103 39,828,893 830,856 830,856
KNIGHT TRIMARK COMMON 499067106 8,710,000 130,000 SH X 1,2,3 130,000
KLONINKLIJKE PHILIPS ELEC- FOREIG 500472105 14,006,378 169,903 SH X 1,2,3 169,903
KORN/FERRY INTERNATIONAL COMMON 500643200 984,375 75,000 SH X 1,2,3 75,000
KROGER COMMON 501044101 863,813 14,400 SH X 1,2,3 14,400
LAM RESEARCH COMMON 512807108 1,760,300 60,700 SH X 1,2,3 60,700
PAGE COLUMN TOTALS 226,061,373
16
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LATTICE SEMICONDUCTOR CORP COMMON 518415104 5,362,706 117,700 SH X 1,2,3 117,700
ESTEE LAUDER CO COMMON 518439104 9,922,721 105,002 SH X 1,2,3 105,002
LEAR CORPORATION COMMON 521865105 23,815,356 557,900 SH X 1,2,3 557,900
LEVEL 3 COMMUNICATIONS COMMON 52729N100 3,975,563 54,600 SH X 1,2,3 54,600
LIBERTY PROPERTY TRUST COMMON 531172104 10,375,088 500,004 SH X 1,2,3 500,004
ELI LILLY COMMON 532457108 16,805,650 198,005 SH X 1,2,3 198,005
LIMITED INC COMMON 532716107 747,588 18,708 SH X 1,2,3 18,708
LINCOLN NATIONAL CORP COMMON 534187109 722,030 7,302 SH X 1,2,3 7,302
LINEAR TECHNOLOGY CORP COMMON 535678106 4,407,535 86,001 SH X 1,2,3 86,001
LOCKHEED MARTIN CORP COMMON 539830109 9,697,078 257,302 SH X 1,2,3 257,302
LOEWS CORP COMMON 540424108 281,178 7,805 SH X 1,2,3 7,805
LOWE'S COMPANIES INC COMMON 548661107 2,102,183 35,007 SH X 1,2,3 35,007
LUCENT TECHNOLOGIES INC COMMON 549463107 34,995,101 324,781 SH X 1,2,3 324,781
LUCENT TECHNOLOGIES INC COMMON 549463107 303,000 2,801 SH X 1 2,737 64
LUCENT TECHNOLOGIES INC COMMON 549463107 27,000 246 SH X X 1 196 50
Total LUCENT TECHNOLOGIES INC 549463107 35,325,101 327,828 327,714 114
LYONDELL CHEMICAL COMMON 552078107 9,581,293 700,003 SH X 1,2,3 700,003
MBIA INC COMMON 55262C100 3,451,120 59,502 SH X 1,2,3 59,502
MBNA CORP COMMON 55262L100 3,574,249 149,700 SH X 1,2,3 149,700
MITSUBISHI BK EXCH GTD NOT FOREIG 55262XAA2 2,350,400 2,080,000 SH X 1,2,3 2,080,000
MCI WORLDCOM COMMON 55268B106 53,394,331 602,900 SH X 1,2,3 602,900
MGIC INVESTMENT CORP COMMON 552848103 2,173,942 62,002 SH X 1,2,3 62,002
MMC NETWORKS INC COMMON 55308N102 2,590,400 161,900 SH X 1,2,3 161,900
MSC INDUSTRIAL DIRECT CO. COMMON 553530106 5,185,000 305,000 SH X 1,2,3 305,000
PAGE COLUMN TOTALS 241,165,614
17
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MACK CALI REALTY CORP COMMON 554489104 18,359,448 625,003 SH X 1,2,3 625,003
MACROVISION COMMON 555904101 7,348,200 198,600 SH X 1,2,3 198,600
MATAV ADRS FOREIG 559776109 4,994,225 186,700 SH X 1,2,3 186,700
MARSH & MCLENNAN COS COMMON 571748102 4,892,981 65,954 SH X 1,2,3 65,954
MARRIOTT INTL INC COMMON 571903202 4,159,895 123,714 SH X 1,2,3 123,714
MATTEL COMMON 577081102 9,616,950 386,611 SH X 1,2,3 386,611
MAY DEPARTMENT STORES CO COMMON 577778103 5,223,513 133,508 SH X 1,2,3 133,508
MAYTAG CORP COMMON 578592107 421,042 7,013 SH X 1,2,3 7,013
MCDONALDS CORP. COMMON 580135101 4,563,083 100,703 SH X 1,2,3 100,703
MCGRAW-HILL COMPANIES INC COMMON 580645109 751,832 13,808 SH X 1,2,3 13,808
MCKESSON HBOC INC COMMON 58155Q103 6,930,000 105,000 SH X 1,2,3 105,000
MCLEOD USA INC COMMON 582266102 2,016,000 48,000 SH X 1,2,3 48,000
MEAD CORP COMMON 582834107 15,375,120 500,004 SH X 1,2,3 500,004
MEDE AMERICA CORP COMMON 584067102 1,132,875 57,000 SH X 1,2,3 57,000
MEDIAONE GROUP INC COMMON 58440J104 2,457,708 38,800 SH X 1,2,3 38,800
MEDIMMUNE INC COMMON 584699102 17,282,750 292,000 SH X 1,2,3 292,000
MEDQUIST INC COMMON 584949101 6,900,030 230,001 SH X 1,2,3 230,001
MEDTRONIC INC COMMON 585055106 22,206,871 309,503 SH X 1,2,3 309,503
MELLON BANK CORPORATION COMMON 585509102 8,571,961 121,804 SH X 1,2,3 121,804
MERCANTILE BANCORPORATION COMMON 587342106 563,587 11,803 SH X 1,2,3 11,803
MERCK & CO. COMMON 589331107 92,649,377 1,155,409 SH X 1,2,3 1,155,409
MERCK & CO. COMMON 589331107 174,000 2,174 SH X 1 2,174
MERCK & CO. COMMON 589331107 128,000 1,600 SH X X 1 1,600
Total MERCK & CO. 589331107 92,951,377 1,159,183 1,159,183
PAGE COLUMN TOTALS 236,719,448
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MERIDIAN GOLD INC FOREIG 589975101 3,671,875 625,000 SH X 1,2,3 625,000
MERITOR AUTOMOTIVE INC COMMON 59000G100 3,281,445 211,706 SH X 1,2,3 211,706
MERRILL LYNCH COMMON 590188108 19,200,265 217,105 SH X 1,2,3 217,105
METROMEDIA FIBER NETWORK C COMMON 591689104 24,305,244 469,100 SH X 1,2,3 469,100
METRONET COMMUNICATIONS CL FOREIG 59169Y108 8,035,500 146,100 SH X 1,2,3 146,100
FRED MEYER INC COMMON 592907109 582,981 9,900 SH X 1,2,3 9,900
MICROSOFT CORP COMMON 594918104 127,249,582 1,419,800 SH X 1,2,3 1,419,800
MICROSOFT CORP COMMON 594918104 98,000 1,096 SH X 1 1,096
MICROSOFT CORP COMMON 594918104 143,000 1,600 SH X X 1 800 400 400
Total MICROSOFT CORP 594918104 127,490,582 1,422,496 1,421,696 400 400
MICROSTRATEGY INC COMMON 594972101 1,495,725 77,700 SH X 1,2,3 77,700
MICROCELL TELECOMMUNICA. C FOREIG 59501T304 1,974,006 241,100 SH X 1,2,3 241,100
MICRON TECHNOLOGY COMMON 595112103 4,497,251 93,207 SH X 1,2,3 93,207
MIDWEST EXPRESS HOLDINGS I COMMON 597911106 5,375,625 183,000 SH X 1,2,3 183,000
MILLENNIUM CHEMICALS INC COMMON 599903101 15,456,839 777,703 SH X 1,2,3 777,703
MILLS CORP COMMON 601148109 10,970,803 611,613 SH X 1,2,3 611,613
MINNESOTA MINING & MFG CO COMMON 604059105 15,763,633 222,808 SH X 1,2,3 222,808
MINNESOTA MINING & MFG CO COMMON 604059105 632,000 8,932 SH X 1 8,932
MINNESOTA MINING & MFG CO COMMON 604059105 39,000 550 SH X X 1 450 100
Total MINNESOTA MINING & MFG 604059105 16,434,633 232,290 232,190 100
MIPS TECHNOLOGIES COMMON 604567107 10,357,800 169,800 SH X 1,2,3 169,800
MIRAGE RESORTS INC COMMON 60462E104 1,561,875 73,500 SH X 1,2,3 73,500
MOBIL CORP COMMON 607059102 12,276,302 139,503 SH X 1,2,3 139,503
ROBERT MONDAVI CORP COMMON 609200100 4,361,500 122,000 SH X 1,2,3 122,000
PAGE COLUMN TOTALS 271,330,252
19
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MONSANTO CO COMMON 611662107 18,356,728 399,602 SH X 1,2,3 399,602
MONY GROUP INC (THE) COMMON 615337102 1,049,741 42,201 SH X 1,2,3 42,201
MORGAN (J.P.) & CO COMMON 616880100 3,553,492 28,802 SH X 1,2,3 28,802
MORGAN STANLEY DEAN WITTER COMMON 617446448 61,162,898 612,011 SH X 1,2,3 612,011
INDIA INVESTMENT FUND (MOR FOREIG 61745C105 1,637,938 179,500 SH X 1,2,3 179,500
MOTIVEPOWER INDUSTRIES INC COMMON 61980K101 3,090,375 123,000 SH X 1,2,3 123,000
MOTOROLA INC COMMON 620076109 7,780,550 106,219 SH X 1,2,3 106,219
MYLAN LABS COMMON 628530107 3,663,325 133,515 SH X 1,2,3 133,515
NCO GROUP INC COMMON 628858102 9,399,850 254,050 SH X 1,2,3 254,050
NABISCO HLDGS CL A COMMON 629526104 9,954,414 239,505 SH X 1,2,3 239,505
NATIONAL CITY CORP COMMON 635405103 10,142,519 152,806 SH X 1,2,3 152,806
NATIONAL FUEL GAS CO COMMON 636180101 56,253,100 1,433,200 SH X 1,2,3 1,433,200
NETWORKS ASSOCIATES INC COMMON 640938106 5,769,250 188,000 SH X 1,2,3 188,000
NETGRAVITY INC COMMON 641114103 4,029,925 97,400 SH X 1,2,3 97,400
NETWORK SOLUTIONS INC-CL-A COMMON 64121Q102 26,691,300 252,400 SH X 1,2,3 252,400
NEW CENTURY ENERGIES INC COMMON 64352U103 21,212,422 622,750 SH X 1,2,3 622,750
NEW YORK TIMES CO-CL A COMMON 650111107 407,052 14,109 SH X 1,2,3 14,109
NEWELL RUBBERMAID INC COMMON 651229106 11,415,426 240,325 SH X 1,2,3 240,325
NEWMONT MINING CORP COMMON 651639106 1,750,188 100,011 SH X 1,2,3 100,011
NEXTEL COMMUNICATIONS INC- COMMON 65332V103 758,903 20,700 SH X 1,2,3 20,700
NEXTLINK COMMUNICATIONS COMMON 65333H707 5,079,200 90,700 SH X 1,2,3 90,700
NICOR INC COMMON 654086107 58,721,990 1,634,003 SH X 1,2,3 1,634,003
NIKE INC -CL B COMMON 654106103 6,830,529 118,406 SH X 1,2,3 118,406
99C ONLY STORES COMMON 65440K106 11,755,400 277,005 SH X 1,2,3 277,005
PAGE COLUMN TOTALS 340,466,514
20
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NOKIA CORP FOREIG 654902204 26,518,035 170,260 SH X 1,2,3 170,260
NORFOLK SOUTHERN CORP COMMON 655844108 24,368,193 923,913 SH X 1,2,3 923,913
NORTEL NETWORKS CORP FOREIG 656569100 64,175,125 1,033,000 SH X 1,2,3 1,033,000
NORTHEAST OPTIC NETWORK COMMON 664334109 4,467,738 316,300 SH X 1,2,3 316,300
NORTHERN TRUST CORP COMMON 665859104 613,468 6,902 SH X 1,2,3 6,902
NORTHROP GRUMMAN CORP COMMON 666807102 360,367 6,007 SH X 1,2,3 6,007
NOVELL INC COMMON 670006105 724,711 28,400 SH X 1,2,3 28,400
NOVELLUS SYSTEMS INC COMMON 670008101 2,794,838 50,700 SH X 1,2,3 50,700
OCCIDENTAL PETROLEUM CORP COMMON 674599105 39,978,325 2,221,018 SH X 1,2,3 2,221,018
OCULAR SCIENCES INC COMMON 675744106 4,334,681 151,100 SH X 1,2,3 151,100
OLIN CORP COMMON 680665205 730,572 72,603 SH X 1,2,3 72,603
OMNICARE INC COMMON 681904108 3,961,246 207,803 SH X 1,2,3 207,803
OMNICOM GROUP COMMON 681919106 4,492,488 56,200 SH X 1,2,3 56,200
OMNIPOINT COMMON 68212D102 1,920,188 133,000 SH X 1,2,3 133,000
VIMPEL COMMUNICATIONS ADS FOREIG 68370R109 660,300 42,600 SH X 1,2,3 42,600
ORACLE CORP COMMON 68389X105 28,586,636 1,083,854 SH X 1,2,3 1,083,854
ORTEL COMMON 68749W102 1,649,094 233,500 SH X 1,2,3 233,500
ORTHODONTICS CENTERS OF AM COMMON 68750P103 5,277,825 335,100 SH X 1,2,3 335,100
P-COM INC COMMON 693262107 1,661,488 217,900 SH X 1,2,3 217,900
PECO ENERGY COMMON 693304107 672,721 14,429 SH X 1,2,3 14,429
PG & E CORP COMMON 69331C108 11,748,546 378,223 SH X 1,2,3 378,223
P.F.CHANGS CHINA BISTRO IN COMMON 69333Y108 3,397,700 111,400 SH X 1,2,3 111,400
PMI GROUP INC (THE) COMMON 69344M101 11,547,513 249,003 SH X 1,2,3 249,003
PNC BANK CORP COMMON 693475105 64,530,731 1,161,408 SH X 1,2,3 1,161,408
PAGE COLUMN TOTAL 309,172,528
21
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PPG INDUSTRIES INC COMMON 693506107 3,982,292 77,703 SH X 1,2,3 77,703
PRI AUTOMATION INC COMMON 69357H106 2,730,000 130,000 SH X 1,2,3 130,000
PSS WORLD MEDICAL INC COMMON 69366A100 616,875 70,000 SH X 1,2,3 70,000
PACIFIC GATEWAY EXCHANGE COMMON 694327107 2,197,013 66,200 SH X 1,2,3 66,200
PACIFICARE HEALTH SYS -CL COMMON 695112102 25,922,756 430,700 SH X 1,2,3 430,700
PACIFICORP COMMON 695114108 457,511 25,812 SH X 1,2,3 25,812
PAIRGAIN TECHNOLOGIES INC. COMMON 695934109 2,278,575 233,700 SH X 1,2,3 233,700
PAN PACIFIC RETAIL PPTYS I COMMON 69806L104 6,212,500 350,000 SH X 1,2,3 350,000
PAPA JOHNS INTERNATIONAL COMMON 698813102 10,874,606 246,450 SH X 1,2,3 246,450
PARAMETRIC TECHNOLOGY CORP COMMON 699173100 4,147,500 210,000 SH X 1,2,3 210,000
PAREXEL INTERNATIONAL CORP COMMON 699462107 3,179,669 153,700 SH X 1,2,3 153,700
PARKER HANNIFIN CORP COMMON 701094104 2,688,775 78,504 SH X 1,2,3 78,504
PATRIOT AMERICAN HOSPITALI COMMON 703352203 3,587,528 700,005 SH X 1,2,3 700,005
PAYCHEX INC COMMON 704326107 1,012,459 21,206 SH X 1,2,3 21,206
PEDIATRIX MEDICAL GROUP COMMON 705324101 4,845,234 172,275 SH X 1,2,3 172,275
J C PENNEY CO INC COMMON 708160106 52,367,136 1,293,016 SH X 1,2,3 1,293,016
PEOPLES ENERGY COMMON 711030106 7,735,765 239,405 SH X 1,2,3 239,405
PEOPLESOFT INC COMMON 712713106 3,071,250 210,000 SH X 1,2,3 210,000
PEPSICO INC COMMON 713448108 38,643,851 986,127 SH X 1,2,3 986,127
PETROLEUM GEO SERVICES ADS FOREIG 716597109 3,126,250 205,000 SH X 1,2,3 205,000
PETSMART INC COMMON 716768106 361,406 45,000 SH X 1,2,3 45,000
PHARMACIA & UPJOHN COMMON 716941109 75,205,768 1,205,704 SH X 1,2,3 1,205,704
PAGE COLUMN TOTALS 255,244,718
22
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PFIZER INC COMMON 717081103 56,790,883 409,304 SH X 1,2,3 409,304
PFIZER INC COMMON 717081103 1,214,000 8,752 SH X 1 8,752
Total PFIZER INC 717081103 58,004,883 418,056 418,056
PHILIP MORRIS COS INC COMMON 718154107 35,937,662 1,021,319 SH X 1,2,3 1,021,319
PHILIPS INT'L REALTY CORP COMMON 718333107 4,965,625 350,000 SH X 1,2,3 350,000
PHILLIPS PETROLEUM CO. COMMON 718507106 1,169,854 24,513 SH X 1,2,3 24,513
PHOTRONICS INC COMMON 719405102 2,553,488 137,100 SH X 1,2,3 137,100
PINNACLE HOLDINGS INC COMMON 72346N101 1,890,625 125,000 SH X 1,2,3 125,000
PIONEER HI-BRED INT'L COMMON 723686101 4,402,380 117,007 SH X 1,2,3 117,007
PITNEY BOWES INC COMMON 724479100 1,096,687 17,305 SH X 1,2,3 17,305
PIXAR COMMON 725811103 393,750 10,000 SH X 1,2,3 10,000
PLACER DOME INC FOREIG 725906101 2,517,188 225,000 SH X 1,2,3 225,000
PORTUGAL TELECOM ADS FOREIG 737273102 11,938,906 272,500 SH X 1,2,3 272,500
POST PROPERTIES INC COMMON 737464107 20,880,144 580,004 SH X 1,2,3 580,004
POWERTEL INC COMMON 73936C109 1,910,925 134,105 SH X 1,2,3 134,105
PRAXAIR INC COMMON 74005P104 2,831,085 78,505 SH X 1,2,3 78,505
PRENTISS PROPERTIES TRUST COMMON 740706106 9,791,233 525,704 SH X 1,2,3 525,704
PREVIEW TRAVEL COMMON 74137R101 4,197,100 220,900 SH X 1,2,3 220,900
PRIME GROUP REALTY TRUST COMMON 74158J103 3,975,000 300,000 SH X 1,2,3 300,000
PROCTER & GAMBLE CO COMMON 742718109 78,066,161 797,102 SH X 1,2,3 797,102
PROCTER & GAMBLE CO COMMON 742718109 219,000 2,237 SH X 1 2,237
PROCTER & GAMBLE CO COMMON 742718109 10,000 100 SH X X 1 100
Total PROCTER & GAMBLE CO 742718109 78,295,161 799,439 799,339 100
PROFESSIONAL DETAILING INC COMMON 74312N107 3,325,813 127,000 SH X 1,2,3 127,000
PAGE COLUMN TOTALS 250,077,506
23
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PROGRESSIVE COMMON 743315103 16,502,710 115,001 SH X 1,2,3 115,001
PROLOGIS TRUST COMMON 743410102 25,897,425 1,263,289 SH X 1 1,263,289
PROVINCE HEALTHCARE COMPAN COMMON 743977100 2,941,500 159,000 SH X 1,2,3 159,000
PROVIDIAN FINANCIAL CORP COMMON 74406A102 957,166 8,702 SH X 1,2,3 8,702
PUBLIC SERVICE ENTERPRISE COMMON 744573106 528,256 13,609 SH X 1,2,3 13,609
QUAKER OATS CO. COMMON 747402105 7,264,048 116,109 SH X 1,2,3 116,109
QUANTA SERVICES INC COMMON 74762E102 1,032,763 40,603 SH X 1,2,3 40,603
QUANTUM COMMON 747906105 2,066,454 114,800 SH X 1,2,3 114,800
QWEST COMMUNICATIONS INTL COMMON 749121109 4,368,881 60,600 SH X 1,2,3 60,600
RJR NABISCO HOLDINGS CORP COMMON 74960K876 8,560,740 342,430 SH X 1,2,3 342,430
RAMBUS INC. COMMON 750917106 5,954,688 92,500 SH X 1,2,3 92,500
RALSTON-RALSTON PURINA GRO COMMON 751277302 17,958,278 672,900 SH X 1,2,3 672,900
RATIONAL SOFTWARE COMMON 75409P202 9,665,102 360,470 SH X 1,2,3 360,470
RAYTHEON CO-CL B COMMON 755111408 1,142,510 19,410 SH X 1,2,3 19,410
RAYTHEON CO-CL B COMMON 755111408 282,000 4,812 SH X 1 4,812
Total RAYTHEON CO-CL B 755111408 1,424,510 24,222 24,222
READ-RITE CORP COMMON 755246105 2,288,691 347,100 SH X 1,2,3 347,100
REGIONS FINANCIAL CORP COMMON 758940100 510,128 14,803 SH X 1,2,3 14,803
RELIANT ENERGY INC COMMON 75952J108 15,986,738 613,400 SH X 1,2,3 613,400
REMEC INC COMMON 759543101 3,493,431 167,350 SH X 1,2,3 167,350
RENAL CARE GROUP INC COMMON 759930100 5,396,875 275,000 SH X 1,2,3 275,000
RENTAL SERVICE CORPORATION COMMON 76009V102 3,836,000 219,200 SH X 1,2,3 219,200
REPUBLIC NEW YORK CORP COMMON 760719104 498,866 10,703 SH X 1,2,3 10,703
RESTORATION HARDWARE INC COMMON 760981100 1,826,000 83,000 SH X 1,2,3 83,000
PAGE COLUMN TOTALS 138,959,251
24
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RESORTQUEST INTERNATIONAL COMMON 761183102 2,576,000 161,000 SH X 1,2,3 161,000
REVLON INC CL A COMMON 761525500 2,859,300 141,200 SH X 1,2,3 141,200
RITE AID CORP COMMON 767754104 6,562,634 262,505 SH X 1,2,3 262,505
ROBERTS PHARMACEUTICAL COR COMMON 770491108 1,680,750 81,000 SH X 1,2,3 81,000
ROCKWELL INTERNATIONAL COMMON 773903109 13,737,569 323,713 SH X 1,2,3 323,713
ROHM & HAAS CO COMMON 775371107 543,703 16,300 SH X 1,2,3 16,300
ROYAL DUTCH PETRO-NY REG-A FOREIG 780257804 21,257,631 408,801 SH X 1,2,3 408,801
SBC COMMUNICATIONS INC COMMON 78387G103 37,309,101 791,705 SH X 1,2,3 791,705
SBC COMMUNICATIONS INC COMMON 78387G103 542,000 11,489 SH X 1 10,705 784
SBC COMMUNICATIONS INC COMMON 78387G103 80,000 1,694 SH X X 1 666 628 400
Total SBC COMMUNICATIONS 78387G103 37,931,101 804,888 803,076 1412 400
SLM HOLDING CORP (SALLIE M COMMON 78442A109 5,895,181 141,202 SH X 1,2,3 141,202
SAFECO CORP COMMON 786429100 508,591 12,701 SH X 1,2,3 12,701
SAFEWAY INC COMMON 786514208 1,324,293 25,900 SH X 1,2,3 25,900
ST. JUDE MEDICAL INC COMMON 790849103 2,591,063 106,300 SH X 1,2,3 106,300
ST PAUL COMPANIES COMMON 792860108 584,902 18,804 SH X 1,2,3 18,804
SANDISK CORP COMMON 80004C101 8,101,050 305,721 SH X 1,2,3 305,721
SANMINA CORP COMMON 800907107 4,913,978 77,082 SH X 1,2,3 77,082
SANG STAT MEDICAL CORP COMMON 801003104 742,500 60,000 SH X 1,2,3 60,000
SARA LEE CORP COMMON 803111103 8,257,122 333,600 SH X 1,2,3 333,600
SAVILLE SYSTEMS PLC ADR FOREIG 805174109 1,114,750 91,000 SH X 1,2,3 91,000
HENRY SCHEIN INC COMMON 806407102 3,459,250 137,000 SH X 1,2,3 137,000
PAGE COLUMN TOTALS 124,641,369
25
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SCHERING-PLOUGH COMMON 806605101 17,954,438 324,600 SH X 1,2,3 324,600
SCHERING-PLOUGH COMMON 806605101 1,730,000 31,312 SH X 1 31,312
SCHERING-PLOUGH COMMON 806605101 44,000 800 SH X X 1 800
Total SCHERING-PLOUGH 806605101 19,728,438 356,712 355,912 800
SCHLUMBERGER LTD. FOREIG 806857108 10,864,116 180,505 SH X 1,2,3 180,505
SCHWAB (CHARLES) CORP COMMON 808513105 2,242,002 23,206 SH X 1,2,3 23,206
SEAGATE TECHNOLOGY INC COMMON 811804103 6,095,788 206,200 SH X 1,2,3 206,200
SEAGRAM CO LTD COMMON 811850106 1,360,000 27,200 SH X 1,2,3 27,200
SEARS ROEBUCK & CO COMMON 812387108 26,791,941 592,906 SH X 1,2,3 592,906
SEPRACOR INC COMMON 817315104 13,806,750 123,000 SH X 1,2,3 123,000
SERENA SOFTWARE INC COMMON 817492101 1,750,000 125,000 SH X 1,2,3 125,000
SEROLOGICALS CORP COMMON 817523103 3,282,803 242,050 SH X 1,2,3 242,050
SERVICE CORP INTL COMMON 817565104 3,106,630 218,009 SH X 1,2,3 218,009
SHERWIN-WILLIAMS CO COMMON 824348106 2,005,466 71,305 SH X 1,2,3 71,305
SHURGARD STORAGE CENTERS COMMON 82567D104 15,276,388 605,005 SH X 1,2,3 605,005
SIMON PROPERTY GROUP INC COMMON 828806109 13,718,750 500,000 SH X 1,2,3 500,000
SMITHKLINE BEECHAM PLC-A FOREIG 832378301 3,217,584 45,001 SH X 1,2,3 45,001
SNYDER COMMUNICATIONS COMMON 832914105 911,513 32,700 SH X 1,2,3 32,700
SOCIEDAD QUIMICA Y MINERA FOREIG 833635105 4,940,800 154,400 SH X 1,2,3 154,400
SOFTWORKS INC COMMON 83404P102 1,852,500 130,000 SH X 1,2,3 130,000
SOLECTRON CORP COMMON 834182107 742,611 15,200 SH X 1,2,3 15,200
SONY CORPORATION ADR FOREIG 835699307 365,381 4,000 SH X 1,2,3 4,000
SOUTHERN CO COMMON 842587107 831,056 35,620 SH X 1,2,3 35,620
SOUTHTRUST CORP COMMON 844730101 10,783,619 289,008 SH X 1,2,3 289,008
PAGE COLUMN TOTALS 143,674,137
26
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SOUTHWEST AIRLINES COMMON 844741108 18,607,607 615,128 SH X 1,2,3 615,128
SOUTHWEST AIRLINES COMMON 844741108 424,000 14,000 SH X 1 14,000
Total SOUTHWEST AIRLINES 844741108 19,031,607 629,128 629,128
SPECTRIAN CORP COMMON 847608106 2,466,325 209,900 SH X 1,2,3 209,900
SPEEDFAM-IPEC INC COMMON 847705100 2,066,400 172,200 SH X 1,2,3 172,200
SPRINT CORP (FON GROUP) COMMON 852061100 99,724,794 1,016,304 SH X 1,2,3 1,016,304
SPRINT CORP (PCS GROUP) COMMON 852061506 2,189,299 49,406 SH X 1,2,3 49,406
STAR TELECOMMUNICATIONS IN COMMON 854923109 1,638,656 170,250 SH X 1,2,3 170,250
STAPLES INC COMMON 855030102 963,816 29,852 SH X 1,2,3 29,852
STARTEC GLOBAL COMM. COMMON 85569E103 1,128,400 145,600 SH X 1,2,3 145,600
STARWOOD HOTELS/RESORTS WO COMMON 85590A203 14,281,579 500,012 SH X 1,2,3 500,012
STATE STREET CORP COMMON 857477103 3,221,750 39,200 SH X 1,2,3 39,200
STEWART ENTERPRISES COMMON 860370105 5,220,352 325,002 SH X 1,2,3 325,002
STILLWATER MINING CO COMMON 86074Q102 9,165,339 347,501 SH X 1,2,3 347,501
STORAGE USA COMMON 861907103 7,576,205 267,003 SH X 1,2,3 267,003
SUIZA FOODS COMMON 865077101 6,636,438 197,000 SH X 1,2,3 197,000
SUMMIT BANCORP COMMON 866005101 546,880 13,706 SH X 1,2,3 13,706
SUN COMMUNITIES COMMON 866674104 7,143,754 225,000 SH X 1,2,3 225,000
SUN MICROSYSTEMS COMMON 866810104 2,033,197 16,200 SH X 1,2,3 16,200
SUNCOR ENERGY INC FOREIG 867229106 11,684,804 348,800 SH X 1,2,3 348,800
SUNGARD DATA SYSTEMS COMMON 867363103 3,360,000 84,000 SH X 1,2,3 84,000
SUNRISE ASSISTED LIVING COMMON 86768K106 8,611,313 189,000 SH X 1,2,3 189,000
SUNTRUST BANKS INC COMMON 867914103 1,020,819 16,405 SH X 1,2,3 16,405
SUPERIOR CONSULTANT HLDGS COMMON 868146101 6,995,625 205,000 SH X 1,2,3 205,000
PAGE COLUMN TOTALS 216,707,353
27
<PAGE>
SYBRON INT'L COMMON 87114F106 6,375,000 255,000 SH X 1,2,3 255,000
SYNOPSYS INC COMMON 871607107 12,040,000 224,000 SH X 1,2,3 224,000
SYNOVUS FINANCIAL CORP COMMON 87161C105 403,265 20,113 SH X 1,2,3 20,113
SYSCO CORP COMMON 871829107 820,359 30,805 SH X 1,2,3 30,805
TJX COMPANIES INC COMMON 872540109 708,689 20,601 SH X 1,2,3 20,601
TRW INC COMMON 872649108 441,997 9,704 SH X 1,2,3 9,704
TVX GOLD INC FOREIG 87308K101 1,250,000 1,000,000 SH X 1,2,3 1,000,000
TECHNE CORP COMMON 878377100 8,085,000 280,000 SH X 1,2,3 280,000
TELE DANMARK A/S ADS FOREIG 879242105 7,771,555 158,603 SH X 1,2,3 158,603
TELEBRAS-SPONS ADR PFD BLO Foreig 879287308 2,176,875 27,000 SH X 1,2,3 27,000
TELEFONICA DE ARGENTINA-SP FOREIG 879378206 2,117,521 70,001 SH X 1,2,3 70,001
TELEFONICA SA -SPON ADR FOREIG 879382208 15,495,490 121,295 SH X 1,2,3 121,295
TELEFONICA DEL PERU ADS FOREIG 879384105 1,211,280 95,002 SH X 1,2,3 95,002
TELIGENT INC CL A COMMON 87959Y103 4,141,688 99,500 SH X 1,2,3 99,500
TELLABS COMMON 879664100 4,701,775 48,100 SH X 1,2,3 48,100
TENET HEALTHCARE CORP COMMON 88033G100 1,490,381 78,700 SH X 1,2,3 78,700
TERADYNE INC COMMON 880770102 9,270,169 169,900 SH X 1,2,3 169,900
TERAYON COMMUNICATION SYST COMMON 880775101 4,864,000 121,600 SH X 1,2,3 121,600
TEVA PHARMACEUTICAL INDUST FOREIG 881624209 4,767,520 100,501 SH X 1,2,3 100,501
TETRA TECH INC COMMON 88162G103 259,132 12,303 SH X 1,2,3 12,303
TEXACO INC COMMON 881694103 98,060,408 1,727,937 SH X 1,2,3 1,727,937
TEXAS INSTRUMENTS INC COMMON 882508104 30,926,547 311,602 SH X 1,2,3 311,602
TEXAS REGIONAL BANCSHARES COMMON 882673106 224,000 8,300 SH X 1 8,300
TEXAS UTILITIES CO COMMON 882848104 79,861,723 1,915,723 SH X 1,2,3 1,915,723
PAGE COLUMN TOTALS 297,464,374
28
<PAGE>
TEXTRON INC COMMON 883203101 777,370 10,000 SH X 1,2,3 10,000
3 COM COMMON 885535104 13,044,509 559,550 SH X 1,2,3 559,550
TICKETMASTER ONLINE-CITY - COMMON 88633P203 299,263 8,900 SH X 1,2,3 8,900
TIME WARNER INC COMMON 887315109 19,094,977 268,707 SH X 1,2,3 268,707
TIMES MIRROR CO-CL A COMMON 887364107 473,504 8,702 SH X 1,2,3 8,702
TOMKINS PLC-SPONSORED ADR FOREIG 890030208 14,875,000 1,000,000 SH X 1,2,3 1,000,000
TOOTSIE ROLL INDUSTRIES IN COMMON 890516107 414,848 9,006 SH X 1,2,3 9,006
TORONTO-DOMINION BANK FOREIG 891160954 4,545,631 99,300 SH X 1,2,3 99,300
TOTAL RENAL CARE HOLDINGS COMMON 89151A107 1,243,033 113,003 SH X 1,2,3 113,003
TOWER REALTY TRUST COMMON 89185E109 3,787,500 200,000 SH X 1,2,3 200,000
TRANSAMERICA CORP COMMON 893485102 739,669 10,403 SH X 1,2,3 10,403
TRANSWITCH COMMON 894065101 11,651,875 257,500 SH X 1,2,3 257,500
TRIBUNE CO COMMON 896047107 3,998,416 61,103 SH X 1,2,3 61,103
TRIQUINT SEMICONDUCTOR INC COMMON 89674K103 2,484,550 134,300 SH X 1,2,3 134,300
TRISTAR AEROSPACE CO COMMON 89674L101 2,053,125 225,000 SH X 1,2,3 225,000
TRIUMPH GROUP INC COMMON 896818101 5,640,000 240,000 SH X 1,2,3 240,000
TUBOS DE ACERO DE MEXICO A FOREIG 898592506 7,585,200 842,800 SH X 1,2,3 842,800
24/7 MEDIA INC COMMON 901314104 4,856,450 94,300 SH X 1,2,3 94,300
TYCO INTERNATIONAL LTD COMMON 902124106 17,648,302 245,969 SH X 1,2,3 245,969
USX CORP 6.50% CUM CV. PRE PREF C 902905819 12,265,625 250,000 SH X 1,2,3 250,000
UST INC COMMON 902911106 2,743,381 105,003 SH X 1,2,3 105,003
US BANCORP COMMON 902973106 4,441,911 130,400 SH X 1,2,3 130,400
US LIQUIDS INC COMMON 902974104 1,827,500 85,000 SH X 1,2,3 85,000
UNUM CORP COMMON 903192102 444,246 9,302 SH X 1,2,3 9,302
PAGE COLUMN TOTALS 136,935,886
29
<PAGE>
UNILEVER N V -NY SHARES FOREIG 904784501 12,955,313 195,000 SH X 1,2,3 195,000
UNICOM CORP COMMON 904911104 516,887 14,101 SH X 1,2,3 14,101
UNION PACIFIC CORP COMMON 907818108 507,349 9,511 SH X 1,2,3 9,511
UNION PLANTERS CORP. COMMON 908068109 521,306 12,000 SH X 1,2,3 12,000
UNISYS CORP PFD SER A CVT PREF C 909214207 48,932,393 943,275 SH X 1,2,3 943,275
UNITED HEALTH CARE CORP COMMON 910581107 11,972,283 227,502 SH X 1,2,3 227,502
UNITED NATURAL FOODS INC COMMON 911163103 3,856,875 165,000 SH X 1,2,3 165,000
US WEST INC COMMON 91273H101 68,228,685 1,239,113 SH X 1,2,3 1,239,113
UNITED TECHNOLOGIES COMMON 913017109 17,526,352 129,405 SH X 1,2,3 129,405
UNIVISION COMMUNICATIONS C COMMON 914906102 4,425,000 88,500 SH X 1,2,3 88,500
UNOCAL CORP COMMON 915289102 766,036 20,809 SH X 1,2,3 20,809
US WEB CORP COMMON 917327108 10,007,291 242,601 SH X 1,2,3 242,601
V F CORP COMMON 918204108 496,842 10,403 SH X 1,2,3 10,403
VAIL RESORTS COMMON 91879Q109 7,937,516 500,001 SH X 1,2,3 500,001
VARCO INTERNATIONAL INC COMMON 922126107 1,891,250 170,000 SH X 1,2,3 170,000
VIACOM INC CLASS B COMMON 925524308 2,576,844 30,900 SH X 1,2,3 30,900
VITESSE SEMICONDUCTOR CORP COMMON 928497106 9,360,563 184,900 SH X 1,2,3 184,900
WACHOVIA CORP COMMON 929771103 860,718 10,611 SH X 1,2,3 10,611
WAL-MART STORES COMMON 931142103 63,324,004 686,904 SH X 1,2,3 686,904
WALGREEN CO. COMMON 931422109 7,590,919 268,705 SH X 1,2,3 268,705
WALTER INDUSTRIES INC. COMMON 93317Q105 4,443,750 395,000 SH X 1,2,3 395,000
WARNER LAMBERT COMPANY COMMON 934488107 16,634,088 251,318 SH X 1,2,3 251,318
WASHINGTON MUTUAL, INC. COMMON 939322103 31,421,551 768,723 SH X 1,2,3 768,723
WASTE CONNECTIONS INC COMMON 941053100 2,865,000 120,000 SH X 1,2,3 120,000
PAGE COLUMN TOTALS 329,618,815
30
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WASTE MANAGEMENT (NEW) COMMON 94106L109 1,501,971 33,800 SH X 1,2,3 33,800
WEEKS CORP COMMON 94856P102 11,425,019 400,001 SH X 1,2,3 400,001
WELLS FARGO COMPANY COMMON 949746101 18,087,340 515,860 SH X 1,2,3 515,860
WESTERN WIRELESS CORP CL A COMMON 95988E204 4,386,250 121,000 SH X 1,2,3 121,000
WESTPAC BANKING -SPON ADR FOREIG 961214301 20,040,625 550,000 SH X 1,2,3 550,000
WEYERHAEUSER CO COMMON 962166104 16,045,507 289,108 SH X 1,2,3 289,108
WHIRLPOOL CORP COMMON 963320106 479,263 8,804 SH X 1,2,3 8,804
WILD OATS MARKETS INC COMMON 96808B107 4,095,875 151,000 SH X 1,2,3 151,000
WILLIAMS COS INC COMMON 969457100 1,115,041 27,911 SH X 1,2,3 27,911
WILLIAM SONOMA INC. COMMON 969904101 4,520,000 160,000 SH X 1,2,3 160,000
WINSTAR COMMUNICATIONS COMMON 975515107 4,172,263 114,800 SH X 1,2,3 114,800
WRIGLEY (WM) JR CO COMMON 982526105 1,032,184 11,413 SH X 1,2,3 11,413
XEROX CORP COMMON 984121103 23,453,049 439,401 SH X 1,2,3 439,401
YPF SOCIEDAD ANONIMA ADS FOREIG 984245100 2,998,560 95,004 SH X 1,2,3 95,004
YAHOO! CORP COMMON 984332106 505,125 3,000 SH X 1,2,3 3,000
DAIMLERCHRYSLER AG FOREIG D1668R123 85,609,383 997,633 SH X 1,2,3 997,633
GLOBAL CROSSING LTD FOREIG G3921A100 4,486,250 97,000 SH X 1,2,3 97,000
RSL COMMUNICATIONS LTD-CL FOREIG G7702U102 2,914,531 81,100 SH X 1,2,3 81,100
TOMMY HILFIGER LTD FOREIG G8915Z102 8,423,413 122,300 SH X 1,2,3 122,300
PANAMERICAN BEVERAGES CL A FOREIG P74823108 6,642,242 378,200 SH X 1,2,3 378,200
FLEXTRONICS INTL LTD FOREIG Y2573F102 7,629,600 149,600 SH X 1,2,3 149,600
___________________________________________________________________________________________________________________________________
PAGE COLUMN TOTALS 229,563,491
AGGREGATE COLUMN TOTALS 8,182,207,017
31
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