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 [ ]; Amendment Number: ____
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Edinburgh Fund Managers PLC
Address: Donaldson House, 97 Haymarket Terrace
Edinburgh, EH12 5HD
Scotland, United Kingdom
Form 13F File Number: 28-6170
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: R. Mark Coleman
Title: Manager, Administrative Services
Phone: (404) 874-1368
Signature, Place, and Date of Signing:
R. Mark Coleman Atlanta, Georgia 14 April 1999
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 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: 0
Form 13F Information Table Entry Total: 507
Form 13F Information Table Value Total: $ 1,213,479
(thousands)
List of Other Included Managers:
NONE
<PAGE>
<TABLE> <C> <C>
Form 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
- --------------------------------- -------------- --------- -------- ----------------- ---------- -------- --------------------------
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
- --------------------------------- -------------- --------- -------- -------- --- ---- ---------- -------- -------- -------- --------
THE AES CORP Common 00130H105 522 14000 SH SOLE 14000
AMR CORP Common 001765106 960 16400 SH SOLE 16400
A T & T Common 001957109 21,449 268746 SH SOLE 268746
AT & T CORP. Series 'A' 001957208 998 19018 SH SOLE 19018
ABBOTT LABS Common 002824100 5,791 123700 SH SOLE 123700
ADOBE SYSTEMS Common 00724F101 363 6400 SH SOLE 6400
AEROQUIP-VICKERS Common 007869100 115 2000 SH SOLE 2000
ADVANCED MICRO DEV. Common 007903107 155 10000 SH SOLE 10000
AETNA INC. Common 008117103 1,112 13400 SH SOLE 13400
AIR PRODUCTS & CHEMICALS Common 009158106 589 17200 SH SOLE 17200
AIRTOUCH COMMUNICATIONS Common 00949T100 4,358 45100 SH SOLE 45100
ALBERTO-CULVER Class 'B' 013068101 115 4900 SH SOLE 4900
ALBERTSONS Common 013104104 1,225 22500 SH SOLE 22500
ALCAN ALUMINIUM Common 013716105 524 20300 SH SOLE 20300
ALCOA INC Common 013817101 1,333 32368 SH SOLE 32368
ALLEGHENY TELEDYNE Common 017415100 242 12797 SH SOLE 12797
ALLERGAN Common 018490102 413 4700 SH SOLE 4700
ALLIED SIGNAL Common 019512102 2,499 50800 SH SOLE 50800
ALLSTATE CORP. Common 020002101 2,613 70508 SH SOLE 70508
ALLTEL Common 020039103 1,422 22800 SH SOLE 22800
ALZA CORP Common 022615108 230 6000 SH SOLE 6000
AMERADA HESS CORP Common 023551104 341 6700 SH SOLE 6700
AMEREN CORP. Common 023608102 329 9100 SH SOLE 9100
AMERICA ON LINE Common 02364J104 31,987 217602 SH SOLE 217602
AMERICAN ELECTRIC POWER Common 025537101 746 18792 SH SOLE 18792
AMERICAN EXPRESS Common 025816109 4,387 37253 SH SOLE 37253
AMERICAN GENERAL CORP. Common 026351106 1,571 22283 SH SOLE 22283
AMERICAN GREETINGS Class 'A' 026375105 160 6300 SH SOLE 6300
AMERICAN HOME PRODUCTS Common 026609107 7,321 112200 SH SOLE 112200
AMERICAN INTERNATIONAL GROUP Common 026874107 26,167 216926 SH SOLE 216926
AMERICAN STORES Common 030096101 693 21000 SH SOLE 21000
AMERITECH Common 030954101 5,429 94208 SH SOLE 94208
AMGEN Common 031162100 3,205 42800 SH SOLE 42800
AMP INC Common 031897101 857 16019 SH SOLE 16019
AMSOUTH BANCORP Common 032165102 446 9800 SH SOLE 9800
ANADARKO PETROLEUM Common 032511107 370 9800 SH SOLE 9800
ANDREW CORPORATION Common 034425108 100 8100 SH SOLE 8100
ANHEUSER-BUSCH Common 035229103 3,098 40700 SH SOLE 40700
AON CORP. Common 037389103 759 12000 SH SOLE 12000
APACHE CORP Common 037411105 180 6900 SH SOLE 6900
APPLE COMPUTER Common 037833100 406 11300 SH SOLE 11300
APPLIED MATERIALS Common 038222105 11,563 187450 SH SOLE 187450
ARCHER DANIELS MIDLAND Common 039483102 789 53691 SH SOLE 53691
ARMSTRONG WORLD INDS Common 042476101 131 2900 SH SOLE 2900
ASARCO Common 043413103 43 3100 SH SOLE 3100
ASCEND COMMUNICATIONS Common 043491109 1,389 16600 SH SOLE 16600
ASHLAND INC Common 044204105 270 6600 SH SOLE 6600
ASSOCIATES FIRST CAPITAL CORPORATION Class 'A' 046008108 10,330 229566 SH SOLE 229566
ATLANTIC RICHFIELD Common 048825103 2,144 29322 SH SOLE 29322
AUTODESK Common 052769106 170 4200 SH SOLE 4200
AUTOMATIC DATA PROCESSING Common 053015103 2,168 52400 SH SOLE 52400
AUTOZONE Common 053332102 328 10800 SH SOLE 10800
AVERY DENNSON Common 053611109 500 8700 SH SOLE 8700
AVON PRODUCTS Common 054303102 1,003 21303 SH SOLE 21303
BB & T CORP Common 054937107 774 21400 SH SOLE 21400
BMC SOFTWARE Common 055921100 652 17600 SH SOLE 17600
BAKER HUGHES Common 057224107 554 22788 SH SOLE 22788
BALL CORP Common 058498106 103 2200 SH SOLE 2200
BALTIMORE GAS & ELECTRIC Common 059165100 269 10600 SH SOLE 10600
BANK OF NEW YORK Common 064057102 2,480 69000 SH SOLE 69000
BANC ONE Common 06423A103 5,328 96762 SH SOLE 96762
BANKAMERICA CORP Common 06605F102 21,565 305345 SH SOLE 305345
BANK OF BOSTON Common 06605R106 1,135 26200 SH SOLE 26200
BANKERS TRUST Common 066365107 618 7000 SH SOLE 7000
BARD (CR) Common 067383109 257 5100 SH SOLE 5100
BARRICK GOLD CORP Common 067901108 572 33500 SH SOLE 33500
BATTLE MOUNTAIN GOLD Common 071593107 57 20600 SH SOLE 20600
BAUSCH & LOMB Common 071707103 260 4000 SH SOLE 4000
BAXTER INTERNATIONAL INC. Common 071813109 1,662 25187 SH SOLE 25187
BEAR STEARNS Common 073902108 446 9975 SH SOLE 9975
BECTON DICKINSON Common 075887109 674 17600 SH SOLE 17600
BELL ATLANTIC Common 077853109 6,778 131131 SH SOLE 131131
BELLSOUTH CORP Common 079860102 6,658 166200 SH SOLE 166200
BEMIS Common 081437105 118 3800 SH SOLE 3800
BESTFOODS Common 08658U101 1,213 25800 SH SOLE 25800
BETHLEHEM STEEL Common 087509105 67 8130 SH SOLE 8130
BIOMET Common 090613100 415 9900 SH SOLE 9900
BLACK & DECKER Common 091797100 504 9088 SH SOLE 9088
BLOCK (H&R) Common 093671105 355 7500 SH SOLE 7500
BOEING Common 097023105 2,602 76542 SH SOLE 76542
BOISE CASCADE CORP Common 097383103 115 3556 SH SOLE 3556
BOSTON SCIENTIFIC Common 101137107 1,414 34800 SH SOLE 34800
BRIGGS & STRATTON Common 109043109 89 1800 SH SOLE 1800
BRISTOL MYERS SQUIBB Common 110122108 20,182 314732 SH SOLE 314732
BROWN FORMAN Class 'B' 115637209 282 4900 SH SOLE 4900
BROWNING-FERRIS Common 115855105 586 15200 SH SOLE 15200
BRUNSWICK CORP Common 117043109 137 7196 SH SOLE 7196
BURLINGTON NORTHERN SANTA FE Common 12189T104 1,376 41870 SH SOLE 41870
BURLINGTON RESOURCES Common 122014103 502 12560 SH SOLE 12560
CBS CORPORATION Common 12490K107 2,355 57709 SH SOLE 57709
CIGNA CORP. Common 125509109 1,308 15606 SH SOLE 15606
CSX CORP Common 126408103 759 19500 SH SOLE 19500
CVS Common 126650100 9,363 197109 SH SOLE 197109
CABLETRON SYSTEMS Common 126920107 92 11200 SH SOLE 11200
CAMPBELL SOUP CO. Common 134429109 1,495 36749 SH SOLE 36749
CAPITAL ONE FINANCE Common 14040H105 831 5500 SH SOLE 5500
CARDINAL HEALTH Common 14149Y108 1,419 21500 SH SOLE 21500
CARNIVAL CORP Common 143658102 4,206 86600 SH SOLE 86600
CAROLINA POWER & LIGHT Common 144141108 408 10800 SH SOLE 10800
CASE CORP Common 14743R103 134 5300 SH SOLE 5300
CATERPILLAR Common 149123101 1,516 33000 SH SOLE 33000
CENDANT CORP Common 151313103 1,043 65455 SH SOLE 65455
CENTEX CORPORATION Common 152312104 134 4000 SH SOLE 4000
CENTRAL & SOUTH WEST CORP. Common 152357109 356 15200 SH SOLE 15200
CENTURY TELEPHONE ENTERPRISE Common 156686107 457 6500 SH SOLE 6500
CERIDIAN CORP Common 15677T106 429 11742 SH SOLE 11742
CHAMPION INTL CORP Common 158525105 283 6895 SH SOLE 6895
CHASE MANHATTAN Common 16161A108 17,497 215011 SH SOLE 215011
CHEVRON CORP Common 166751107 4,988 56200 SH SOLE 56200
CHUBB CORP Common 171232101 908 15500 SH SOLE 15500
CINCINNATI FINANCIAL CORP Common 172062101 437 12000 SH SOLE 12000
CINERGY CORP Common 172474108 311 11300 SH SOLE 11300
CIRCUIT CITY GROUP Common 172737108 536 7000 SH SOLE 7000
CISCO SYSTEMS Common 17275R102 24,829 226615 SH SOLE 226615
CITIGROUP Common 172967101 12,645 197972 SH SOLE 197972
CLEAR CHANNEL COMMUNICATIONS Common 184502102 1,274 19000 SH SOLE 19000
CLOROX CO Common 189054109 867 7400 SH SOLE 7400
COASTAL Common 190441105 746 22613 SH SOLE 22613
COCA-COLA Common 191216100 13,124 213835 SH SOLE 213835
COCA COLA ENTERPRISES Common 191219104 926 30600 SH SOLE 30600
COLGATE-PALMOLIVE Common 194162103 4,480 48694 SH SOLE 48694
COLUMBIA ENERGY GROUP Common 197648108 314 6000 SH SOLE 6000
COLUMBIA HCA HEALTHCARE Common 197677107 1,111 58648 SH SOLE 58648
COMCAST CORP Class 'A' 200300200 1,599 25400 SH SOLE 25400
COMERCIA INC. Common 200340107 712 11400 SH SOLE 11400
COMPAQ COMPUTER CORP Common 204493100 4,272 134815 SH SOLE 134815
COMPUTER ASSOCIATES Common 204912109 1,437 40400 SH SOLE 40400
COMPUTER SCIENCES Common 205363104 759 13759 SH SOLE 13759
COMPUWARE CORP. Common 205638109 740 31000 SH SOLE 31000
CONAGRA INC. Common 205887102 1,097 42800 SH SOLE 42800
CONCESO INC. Common 208464107 697 22590 SH SOLE 22590
CONSOLIDATED EDISON INC Common 209115104 893 19700 SH SOLE 19700
CONSOLIDATED NATURAL GAS Common 209615103 331 6800 SH SOLE 6800
CONSOLIDATED STORES Common 210149100 224 7400 SH SOLE 7400
COOPER INDUSTRIES Common 216669101 362 8500 SH SOLE 8500
COOPER TIRE & RUBBER Common 216831107 103 5600 SH SOLE 5600
COORS (ADOLPH) CO Class 'B' 217016104 173 3200 SH SOLE 3200
CORNING INC Common 219350105 1,236 20600 SH SOLE 20600
COSTCO Common 22160Q102 1,731 18900 SH SOLE 18900
COUNTRYWIDE CREDIT Common 222372104 394 10500 SH SOLE 10500
CRANE CO Common 224399105 120 4950 SH SOLE 4950
CROWN CORK & SEAL Common 228255105 263 9200 SH SOLE 9200
CUMMINS ENGINE CO Common 231021106 107 3000 SH SOLE 3000
CYPRUS AMAX MINERALS Common 232809103 81 6700 SH SOLE 6700
DTE ENERGY Common 233331107 500 13000 SH SOLE 13000
DANA CORP Common 235811106 444 11681 SH SOLE 11681
DANAHER Common 235851102 596 11400 SH SOLE 11400
DARDEN RESTAURANTS Common 237194105 227 11000 SH SOLE 11000
DATA GENERAL CORPORATION Common 237688106 29 2900 SH SOLE 2900
DAYTON-HUDSON Common 239753106 2,598 39000 SH SOLE 39000
DEERE & CO Common 244199105 888 23000 SH SOLE 23000
DELL COMPUTER CORPORATION Common 247025109 8,592 210200 SH SOLE 210200
DELTA AIR LINES Common 247361108 927 13343 SH SOLE 13343
DELUXE CORP Common 248019101 172 5900 SH SOLE 5900
DILLARDS Class 'A' 254067101 198 7800 SH SOLE 7800
DISNEY (WALT) Common 254687106 5,554 178457 SH SOLE 178457
DOLLAR GENERAL Common 256669102 587 17250 SH SOLE 17250
DOMINION RESOURCES Common 257470104 687 18600 SH SOLE 18600
DONNELLEY (RR) & SONS Common 257867101 348 10800 SH SOLE 10800
DOVER CORP Common 260003108 750 22800 SH SOLE 22800
DOW CHEMICAL Common 260543103 1,685 18081 SH SOLE 18081
DOW JONES Common 260561105 250 5300 SH SOLE 5300
DUPONT DE NEMOURS (EI) Common 263534109 5,582 96130 SH SOLE 96130
DUKE ENERGY Common 264399106 1,693 30883 SH SOLE 30883
DUN & BRADSTREET CORP (DELAWARE) Common 26483B106 438 12300 SH SOLE 12300
EG & G INC. Common 268457108 87 3300 SH SOLE 3300
EMC CORPORATION Common 268648102 11,908 93215 SH SOLE 93215
EASTERN ENTERPRISES Common 27637F100 55 1500 SH SOLE 1500
EASTMAN CHEMICAL Common 277432100 236 5600 SH SOLE 5600
EASTMAN KODAK CO Common 277461109 1,765 27625 SH SOLE 27625
EATON CORP Common 278058102 400 5600 SH SOLE 5600
ECOLAB INC Common 278865100 334 9400 SH SOLE 9400
EDISON INTL Common 281020107 668 30000 SH SOLE 30000
ELECTRONIC DATA SYSTEMS CORP. Common 285661104 2,030 41700 SH SOLE 41700
EMERSON ELECTRIC Common 291011104 1,959 37000 SH SOLE 37000
ENGELHARD Common 292845104 176 10400 SH SOLE 10400
ENRON Common 293561106 5,494 85510 SH SOLE 85510
ENTERGY Common 29364G103 667 24247 SH SOLE 24247
EQUIFAX INC Common 294429105 502 14600 SH SOLE 14600
EQUITABLE COMPANIES INC. Common 29444G107 7,916 113090 SH SOLE 113090
EXXON CORP Common 302290101 21,845 309581 SH SOLE 309581
FMC CORP. Common 302491303 128 2600 SH SOLE 2600
FPL GROUP INC Common 302571104 948 17800 SH SOLE 17800
FDX CORP. Common 31304N107 1,029 11068 SH SOLE 11068
FREDDIE MAC Common 313400301 3,336 58200 SH SOLE 58200
FANNIE MAE Common 313586109 9,946 143630 SH SOLE 143630
FEDERATED DEPT STORES Common 31410H101 811 20200 SH SOLE 20200
FIFTH THIRD BANCORP Common 316773100 1,365 20700 SH SOLE 20700
FIRST DATA CORP Common 319963104 1,719 40200 SH SOLE 40200
FIRST UNION CORP. Common 337358105 4,301 80494 SH SOLE 80494
FIRSTAR Common 33763V109 1,736 19400 SH SOLE 19400
FIRSTENERGY Common 337932107 529 18900 SH SOLE 18900
FLEET FINANCIAL GROUP Common 338915101 1,768 47000 SH SOLE 47000
FLEETWOOD ENTERPRISES Common 339099103 72 2500 SH SOLE 2500
FLUOR CORP. Common 343861100 164 6075 SH SOLE 6075
FORD MOTOR Common 345370100 15,643 275954 SH SOLE 275954
FORT JAMES CORP. Common 347471104 570 18000 SH SOLE 18000
FORTUNE BRANDS Common 349631101 477 12400 SH SOLE 12400
FOSTER WHEELER Common 350244109 35 2900 SH SOLE 2900
FRANKLIN RESOURCES Common 354613101 610 21700 SH SOLE 21700
FREEPORT MC C&G Class 'B' 35671D857 222 20400 SH SOLE 20400
FRONTIER CORP Common 35906P105 763 14700 SH SOLE 14700
FRUIT OF THE LOOM Class 'A' 359416104 60 5600 SH SOLE 5600
GPU INC. Common 36225Z100 325 8700 SH SOLE 8700
GTE CORP Common 362320103 4,925 81400 SH SOLE 81400
GANNETT Common 364730101 1,638 26000 SH SOLE 26000
GAP Common 364760108 9,596 142565 SH SOLE 142565
GATEWAY 2000 Common 367833100 912 13300 SH SOLE 13300
GENERAL DYNAMICS Common 369550108 586 9127 SH SOLE 9127
GENERAL ELECTRIC Common 369604103 45,642 412584 SH SOLE 412584
GEN INSTRUMENT CORP Common 370120107 297 9800 SH SOLE 9800
GENERAL MILLS Common 370334104 1,088 14400 SH SOLE 14400
GENERAL MOTORS Common 370442105 4,973 57157 SH SOLE 57157
GENUINE PARTS Common 372460105 372 12900 SH SOLE 12900
GEORGIA-PACIFIC CORP Common 373298108 735 9900 SH SOLE 9900
GILLETTE CO Common 375766102 5,682 95600 SH SOLE 95600
GOLDEN WEST FINANCIAL Common 381317106 392 4100 SH SOLE 4100
GOODRICH (BF) CORPORATION Common 382388106 134 3900 SH SOLE 3900
GOODYEAR TIRE & RUBBER Common 382550101 767 15400 SH SOLE 15400
GRACE (WR) & CO. Common 38388F108 63 5200 SH SOLE 5200
GRAINGER (W.W) INC. Common 384802104 310 7200 SH SOLE 7200
GREAT ATLANTIC & PAC Common 390064103 84 2800 SH SOLE 2800
GREAT LAKES CHEMICAL CORP. Common 390568103 158 4300 SH SOLE 4300
GUIDANT Common 401698105 1,283 21200 SH SOLE 21200
HCR MANOR CARE INC. Common 404134108 103 4500 SH SOLE 4500
HALLIBURTON (USA) Common 406216101 1,376 35741 SH SOLE 35741
HARCOURT GENERAL INC Common 41163G101 160 3600 SH SOLE 3600
HARNISCHFEGER INDS Common 413345109 20 3600 SH SOLE 3600
HARRAHS ENTERTAINMENT Common 413619107 176 9226 SH SOLE 9226
HARRIS CORP Common 413875105 163 5680 SH SOLE 5680
HARTFORD FINANCIAL SERVICES Common 416515104 1,206 21234 SH SOLE 21234
HASBRO Common 418056107 399 13800 SH SOLE 13800
HEALTHSOUTH CORP. Common 421924101 363 35000 SH SOLE 35000
HEINZ (HJ) CO. Common 423074103 1,581 33363 SH SOLE 33363
HELMERICH & PAYNE Common 423452101 82 3600 SH SOLE 3600
HERCULES INC Common 427056106 182 7200 SH SOLE 7200
HERSHEY FOODS CORP. Common 427866108 656 11700 SH SOLE 11700
HEWLETT-PACKARD Common 428236103 5,713 84241 SH SOLE 84241
HILTON HOTELS CORP Common 432848109 252 17900 SH SOLE 17900
HOME DEPOT Common 437076102 7,856 126200 SH SOLE 126200
HOMESTAKE MINING Common 437614100 93 10739 SH SOLE 10739
HONEYWELL INC. Common 438506107 707 9326 SH SOLE 9326
HOUSEHOLD INTL. INC. Common 441815107 1,862 40819 SH SOLE 40819
HUMANA INC. Common 444859102 252 14600 SH SOLE 14600
HUNTINGTON BANCSHARE Common 446150104 558 18050 SH SOLE 18050
IMS HEALTH Common 449934108 795 24000 SH SOLE 24000
ITT INDUSTRIES Common 450911102 375 10600 SH SOLE 10600
IKON OFFICE SOLUTIONS Common 451713101 122 9500 SH SOLE 9500
ILLINOIS TOOL WORKS Common 452308109 1,380 22300 SH SOLE 22300
MBNA CORP. Common 45262L100 1,612 67500 SH SOLE 67500
INCO (USA) Common 453258402 198 14900 SH SOLE 14900
INFINITY BROADCASTING Class 'A' 45662S102 927 36000 SH SOLE 36000
INGERSOLL RAND Common 456866102 722 14550 SH SOLE 14550
INTEL CORP. Common 458140100 16,868 141894 SH SOLE 141894
INTERNATIONAL BUSINESS MACHINE Common 459200101 24,133 136153 SH SOLE 136153
INTERNATIONAL FLAVORS & FRAGRANCES Common 459506101 368 9806 SH SOLE 9806
INTERNATIONAL PAPER Common 460146103 1,152 27308 SH SOLE 27308
INTERPUBLIC GROUP Common 460690100 853 10950 SH SOLE 10950
JEFFERSON-PILOT Common 475070108 640 9450 SH SOLE 9450
JOHNSON & JOHNSON Common 478160104 16,563 177140 SH SOLE 177140
JOHNSON CONTROLS Common 478366107 468 7500 SH SOLE 7500
JOSTENS Common 481088102 72 3400 SH SOLE 3400
KLA TENCOR CORP. Common 482480100 350 7200 SH SOLE 7200
KMART Common 482584109 740 43995 SH SOLE 43995
KAUFMAN & BROAD HOME Common 486168107 77 3400 SH SOLE 3400
KELLOGG CO. Common 487836108 1,258 37200 SH SOLE 37200
KERR MCGEE CORP Common 492386107 255 7768 SH SOLE 7768
KEYCORP Common 493267108 1,213 40000 SH SOLE 40000
KIMBERLY-CLARK CORP Common 494368103 2,205 46000 SH SOLE 46000
KING WORLD PRODUCTIONS Common 495667107 165 5400 SH SOLE 5400
KNIGHT RIDDER INC Common 499040103 325 6500 SH SOLE 6500
KROGER Common 501044101 1,096 18300 SH SOLE 18300
LSI LOGIC CORP Common 502161102 396 12700 SH SOLE 12700
KOHLS CORP Common 502551044 914 12900 SH SOLE 12900
LAIDLAW Common 50730K503 163 28100 SH SOLE 28100
LEACH INTERNATIONAL INC. Common 521642108 184 3600 SH SOLE 3600
LEHMAN BROTHERS HLDGS Common 524908100 484 8100 SH SOLE 8100
LILLY (ELI) & CO Common 532457108 10,572 124560 SH SOLE 124560
LIMITED Common 532716107 782 19728 SH SOLE 19728
LINCOLN NATIONAL Common 534187109 732 7400 SH SOLE 7400
LIZ CLAIBOURNE Common 539320101 206 6300 SH SOLE 6300
LOCKHEED MARTIN Common 539830109 1,359 36000 SH SOLE 36000
LOEWS CORP. Common 542424108 769 10300 SH SOLE 10300
LONGS DRUG STORES Common 543162101 85 2800 SH SOLE 2800
LOUISIANA-PACIFIC Common 546347105 147 7900 SH SOLE 7900
LOWE'S COS. INC. Common 548661108 2,797 46230 SH SOLE 46230
LUCENT TECHNOLOGIES Common 549463107 11,696 108300 SH SOLE 108300
MBIA INC. Common 55262C100 371 6400 SH SOLE 6400
MCI WORLDCOM Common 55268B106 31,419 354766 SH SOLE 354766
MGIC INVESTMENT Common 552848103 298 8500 SH SOLE 8500
MALLINCKRODT GROUP Common 561232109 178 6671 SH SOLE 6671
MARSH & MCLENNAN Common 571748102 1,782 24000 SH SOLE 24000
MARRIOT INTERNATIONAL Class 'A' 571903202 800 23800 SH SOLE 23800
MASCO CORP Common 574599106 655 23200 SH SOLE 23200
MATTEL Common 577081102 648 26000 SH SOLE 26000
MAY DEPARTMENT STORES Common 577778103 1,305 33351 SH SOLE 33351
MAYTAG CORP Common 578592107 429 7100 SH SOLE 7100
MCDERMOTT INTL Common 580037109 101 4000 SH SOLE 4000
MCDONALD'S CORP Common 580135101 5,073 111958 SH SOLE 111958
MCGRAW HILL Common 580645109 785 14400 SH SOLE 14400
MCKESSON HBOC CORP. Common 58155Q103 1,368 20722 SH SOLE 20722
MEAD CORP Common 582834107 228 7400 SH SOLE 7400
MEDIAONE GROUP Common 58440J104 8,922 140642 SH SOLE 140642
MEDTRONIC Common 585055106 3,428 47700 SH SOLE 47700
MELLON BANK CORP. Common 585509102 1,633 23200 SH SOLE 23200
MERCANTILE BANCORP Common 587342106 532 11200 SH SOLE 11200
MERCK & CO. Common 589331107 22,112 275972 SH SOLE 275972
MEREDITH CORP Common 589433101 91 2900 SH SOLE 2900
MILACRON INC Common 589709103 63 4000 SH SOLE 4000
MERRILL LYNCH Common 590188108 2,651 29956 SH SOLE 29956
FRED MEYER INC Common 592907109 730 12400 SH SOLE 12400
MICROSOFT CORPORATION Common 594918104 55,685 621316 SH SOLE 621316
MICRON TECHNOLOGY Common 595112103 728 15100 SH SOLE 15100
MILLIPORE CORP Common 601073109 77 3200 SH SOLE 3200
MINNESOTA MINING & MANUFACTURING Common 604059105 2,540 35902 SH SOLE 35902
MIRAGE RESORTS Common 60462E104 412 19400 SH SOLE 19400
MOBIL CORP. Common 607059102 13,198 149973 SH SOLE 149973
MONSANTO CORP Common 611662107 2,436 53028 SH SOLE 53028
MOORE CORP (USA) Common 615785102 77 7800 SH SOLE 7800
JP MORGAN & CO. Common 616880100 1,986 16100 SH SOLE 16100
MORGAN STANLEY DEAN WITTER & CO. Common 617446448 5,025 50280 SH SOLE 50280
MORTON INTERNATIONAL Common 619335102 121 3300 SH SOLE 3300
MOTOROLA Common 620076109 3,663 50000 SH SOLE 50000
NACCO INDUSTRIES Class 'A' 629579103 30 400 SH SOLE 400
NALCO CHEMICAL CO Common 629853102 128 4800 SH SOLE 4800
NATIONAL CITY CORP. Common 635405103 1,878 28300 SH SOLE 28300
NATIONAL SEMICONDUCTOR Common 637640103 96 10267 SH SOLE 10267
NATIONAL SERVICE COMMON Common 637657107 109 3200 SH SOLE 3200
NAVISTAR INTL Common 63934E108 209 5200 SH SOLE 5200
NEW CENTURY ENERGY Common 64352U103 317 9300 SH SOLE 9300
NEW YORK TIMES Class 'A' 650111107 388 13600 SH SOLE 13600
NEWELL RUBBERMAID Common 651229106 1,043 21963 SH SOLE 21963
NEWMONT MINING Common 651639106 196 11200 SH SOLE 11200
NEXTEL COMMUNICATIONS INC Class 'A' 65332V103 608 16600 SH SOLE 16600
NIAGARA MOHAWK HOLDINGS Common 653520106 140 10400 SH SOLE 10400
NICOR INC. Common 654086107 126 3500 SH SOLE 3500
NIKE INC. Class 'B' 654106103 1,483 25700 SH SOLE 25700
NORDSTROM Common 655664100 580 14200 SH SOLE 14200
NORFOLK SOUTHERN GROUP Common 655844108 896 33981 SH SOLE 33981
NORTHERN STATES POWER Common 665772109 232 10000 SH SOLE 10000
NORTHERN TELECOM USA Common 665815106 3,624 58334 SH SOLE 58334
NORTHERN TRUST CORP Common 665859104 861 9700 SH SOLE 9700
NORTHROP GRUMMAN Common 666807102 245 4100 SH SOLE 4100
NOVELL INC. Common 670006105 783 31100 SH SOLE 31100
NUCOR CORP Common 670346105 278 6300 SH SOLE 6300
OCCIDENTAL PETROLEUM Common 674599105 433 24047 SH SOLE 24047
OFFICE DEPOT Common 676220106 178 4750 SH SOLE 4750
OMNICOM GROUP INC Common 681919106 1,375 17200 SH SOLE 17200
ONEOK INC. Common 682680103 50 2000 SH SOLE 2000
ORACLE CORPORATION Common 68389X105 3,121 118314 SH SOLE 118314
OWENS CORNING Common 69073F103 118 3700 SH SOLE 3700
OWENS ILLINOIS Common 690768403 335 13400 SH SOLE 13400
PECO ENERGY Common 693304107 920 19900 SH SOLE 19900
PG & E Common 69331C108 910 29300 SH SOLE 29300
PNC BANK CORP. Common 693475105 1,600 28800 SH SOLE 28800
PP & L RESOURCES Common 693499105 290 11700 SH SOLE 11700
PPG INDUSTRIES Common 693506107 825 16100 SH SOLE 16100
PACCAR INC Common 693718108 284 6900 SH SOLE 6900
PACIFICORP Common 695114108 516 29900 SH SOLE 29900
PALL CORP Common 696429307 151 9100 SH SOLE 9100
PARAMETRIC TECH. Common 699173100 450 22800 SH SOLE 22800
PARKER - HANNIFIN Common 701094104 272 7950 SH SOLE 7950
PAYCHEX Common 704326107 621 13100 SH SOLE 13100
PENNEY (JC) CO INC Common 708160106 919 22700 SH SOLE 22700
PEOPLES ENERGY Common 711030106 81 2500 SH SOLE 2500
PEOPLESOFT INC. Common 712713106 271 18500 SH SOLE 18500
PEP BOYS MANNY, MOE & JACK Common 713278109 69 4500 SH SOLE 4500
PEPSI BOTTLING CO Common 713409100 1,084 50000 SH SOLE 50000
PEPSICO CAPITAL Common 713448108 4,878 124473 SH SOLE 124473
PERKIN-ELMER Common 714041100 311 3200 SH SOLE 3200
PHARAMACIA & UPJOHN Common 716941109 2,870 46010 SH SOLE 46010
PFIZER INC. Common 717081103 27,468 197970 SH SOLE 197970
PHELPS DODGE CORP Common 717265102 217 4400 SH SOLE 4400
PHILIP MORRIS Common 718154107 7,178 204000 SH SOLE 204000
PHILLIPS PETROLEUM Common 718507106 1,115 23600 SH SOLE 23600
PIONEER HI-BRED Common 723686101 666 17700 SH SOLE 17700
PITNEY BOWES Common 724479100 1,364 21400 SH SOLE 21400
PLACER DOME (USA) Common 725906101 241 21500 SH SOLE 21500
POLAROID CORP Common 731095105 82 4043 SH SOLE 4043
POTLATCH CORP Common 737628107 85 2500 SH SOLE 2500
PRAXAIR Common 74005P104 508 14100 SH SOLE 14100
PROCTER & GAMBLE Common 742718109 14,806 151182 SH SOLE 151182
PROGRESSIVE CORP Common 743315103 947 6600 SH SOLE 6600
PROVIDENT CO'S Common 743862104 370 10700 SH SOLE 10700
PROVIDIAN FINANCIAL CORP Common 74406A102 1,386 12600 SH SOLE 12600
PUBLIC SERVICE ENTERPRISE Common 744573106 794 20800 SH SOLE 20800
PULTE Common 745867101 75 3600 SH SOLE 3600
QUAKER OATS CO. Common 747402105 759 12200 SH SOLE 12200
QWEST COMMUNICATIONS INTL Common 749121109 676 9380 SH SOLE 9380
RJR NABISCO Common 74960K876 678 27100 SH SOLE 27100
RALSTON-PURINA CORP. Common 751277302 769 28813 SH SOLE 28813
RAYCHEM CORP. Common 754603108 176 7800 SH SOLE 7800
RAYTHEON CO Class 'B' 755111408 1,726 29438 SH SOLE 29438
REEBOK INTERNATIONAL Common 758110100 79 5000 SH SOLE 5000
REGIONS FINANCIAL CORP Common 758940100 606 17500 SH SOLE 17500
RELIANT ENERGY Common 75952J108 633 24296 SH SOLE 24296
REPUBLIC NEW YORK Common 760719104 452 9800 SH SOLE 9800
REYNOLDS METALS Common 761763101 314 6500 SH SOLE 6500
RITE AID CORP Common 767754104 550 22000 SH SOLE 22000
ROCKWELL INTERNATIONAL Common 773903109 840 19792 SH SOLE 19792
ROHM & HAAS CO Common 775371107 554 16500 SH SOLE 16500
ROWAN COS Common 779382100 98 7700 SH SOLE 7700
RUSSELL CORP Common 782352108 68 3400 SH SOLE 3400
RYDER SYSTEM Common 783549108 188 6800 SH SOLE 6800
SBC COMMUNICATIONS Common 78387G103 7,437 157600 SH SOLE 157600
SLM HOLDINGS Common 78442A109 593 14200 SH SOLE 14200
SAFECO CORP. Common 786429100 457 11300 SH SOLE 11300
SAFEWAY Common 786514208 11,840 230740 SH SOLE 230740
ST JUDE MEDICAL Common 790849103 161 6600 SH SOLE 6600
ST. PAUL COS. Common 792860108 546 17584 SH SOLE 17584
SARA LEE CORP Common 803111103 1,950 78800 SH SOLE 78800
SCHERING-PLOUGH Common 806605101 6,807 123200 SH SOLE 123200
SCHLUMBERGER Common 806857108 2,705 44948 SH SOLE 44948
SCHWAB (CHARLES) Common 808513105 3,396 35325 SH SOLE 35325
SCIENTIFIC-ATLANTA Common 808655104 188 6900 SH SOLE 6900
SEAGATE TECHNOLOGY Common 811804103 650 22000 SH SOLE 22000
SEAGRAM (USA) Common 811850106 1,645 32900 SH SOLE 32900
SEALED AIR CORP Common 81211K100 137 2787 SH SOLE 2787
SEARS ROEBUCK & CO Common 812387108 1,644 36385 SH SOLE 36385
SEMPRA ENERGY CORP. Common 816851109 375 19522 SH SOLE 19522
SERVICE CORP Common 817565104 305 21400 SH SOLE 21400
SHARED MEDICAL SYS Common 819486101 123 2200 SH SOLE 2200
SHERWIN-WILLIAMS Common 824348106 433 15400 SH SOLE 15400
SIGMA-ALDRICH Common 826552101 260 8900 SH SOLE 8900
SILICON GRAPHICS Common 827056102 262 15800 SH SOLE 15800
SNAP ON Common 833034101 157 5400 SH SOLE 5400
SOLECTRON CORP Common 834182107 796 16400 SH SOLE 16400
SONAT INC. Common 835415100 231 7700 SH SOLE 7700
SOUTHERN CO Common 842587107 1,438 61700 SH SOLE 61700
SOUTHTRUST CORP Common 844730101 485 13000 SH SOLE 13000
SOUTHWEST AIRLINES Common 844741108 885 29250 SH SOLE 29250
SPRINGS INDUSTRIES Class 'A' 851783100 49 1800 SH SOLE 1800
SPRINT CORP (FON GROUP) Common 852061100 3,631 37000 SH SOLE 37000
SPRINT CORP (PCS GROUP) Common 852061506 1,843 41600 SH SOLE 41600
STANLEY WORKS Common 854616109 202 7900 SH SOLE 7900
STAPLES INC Common 855030102 1,179 35850 SH SOLE 35850
STATE STREET CORP Common 857477103 1,077 13100 SH SOLE 13100
SUMMIT BANCORP Common 866005101 593 15200 SH SOLE 15200
SUN MICROSYSTEMS Common 866810104 4,248 33970 SH SOLE 33970
SUNOCO INC Common 86764P109 234 6500 SH SOLE 6500
SUNTRUST BANKS Common 867914103 1,712 27500 SH SOLE 27500
SUPERVALU INC. Common 868536103 248 12000 SH SOLE 12000
SYNOVUS FINANCIAL Common 87161C105 467 22800 SH SOLE 22800
SYSCO CORP Common 871829107 821 31200 SH SOLE 31200
TJX COMPANIES Common 872540109 966 28400 SH SOLE 28400
TRW Common 872649108 541 11900 SH SOLE 11900
TANDY CORP Common 875382103 619 9699 SH SOLE 9699
TEKTRONIX Common 879131100 111 4397 SH SOLE 4397
TELLABS Common 879664100 1,574 16100 SH SOLE 16100
TEMPLE-INLAND INC. Common 879868107 307 4900 SH SOLE 4900
TENET HEALTHCARE Common 88033G100 409 21600 SH SOLE 21600
TENNECO Common 88037E101 427 15300 SH SOLE 15300
TEXACO INC Common 881694103 2,690 47400 SH SOLE 47400
TEXAS INSTRUMENTS Common 882508104 14,292 144002 SH SOLE 144002
TEXAS UTILITIES CO(HOLDINGS) Common 882848104 892 21247 SH SOLE 21247
TEXTRON INC Common 883203101 1,145 14800 SH SOLE 14800
THERMO ELECTRON Common 883556102 182 13400 SH SOLE 13400
THOMAS & BETTS Common 884315102 180 4800 SH SOLE 4800
3 COM Common 885535104 690 29600 SH SOLE 29600
TIME WARNER Common 887315109 23,158 327032 SH SOLE 327032
TIMES MIRROR CO Series 'A' 887364107 449 8300 SH SOLE 8300
TIMKEN CO Common 887389104 89 5500 SH SOLE 5500
TORCHMARK CORP. Common 891027104 392 12400 SH SOLE 12400
TOYS R US Common 892335100 487 25862 SH SOLE 25862
TRANSAMERICA Common 893485102 838 11800 SH SOLE 11800
TRICON GLOBAL RESTAURANTS INC. Common 895953107 969 13800 SH SOLE 13800
TRIBUNE CO Common 896047107 720 11000 SH SOLE 11000
TUPPERWARE CORP Common 899896104 99 5500 SH SOLE 5500
TYCO INTERNATIONAL Common 902124106 11,132 155146 SH SOLE 155146
USX-MARATHON GROUP Common 902905827 710 25800 SH SOLE 25800
UST INC Common 902911106 428 16400 SH SOLE 16400
US BANCORP Common 902973106 2,259 66326 SH SOLE 66326
UNUM CORP. Common 903192102 604 12700 SH SOLE 12700
USX-US STEEL GROUP Common 90337T101 179 7600 SH SOLE 7600
UNILEVER N.Y. Reg'd 904784501 3,661 55100 SH SOLE 55100
UNICOM CORP. Common 904911104 578 15817 SH SOLE 15817
UNION CAMP CORPORATION Common 90553010 416 6200 SH SOLE 6200
UNION CARBIDE Common 905581104 506 11200 SH SOLE 11200
UNION PACIFIC Common 907818108 1,181 22100 SH SOLE 22100
UNION PACIFIC RESOURCES Common 907834105 270 22700 SH SOLE 22700
UNION PLANTERS Common 908068109 457 10400 SH SOLE 10400
UNISYS CORP. Common 909214108 439 15856 SH SOLE 15856
UNITED HEALTHCARE Common 910581107 879 16700 SH SOLE 16700
US AIRWAYS GROUP Common 911905107 342 7000 SH SOLE 7000
US WEST INC Common 91273H101 2,460 44685 SH SOLE 44685
UNITED TECHNOLOGIES Common 913017109 9,366 69156 SH SOLE 69156
UNOCAL CORP Common 915289102 826 22400 SH SOLE 22400
VF CORP Common 918204108 542 11400 SH SOLE 11400
VIACOM Class 'B' 925524308 2,132 25400 SH SOLE 25400
WACHOVIA CORP. Common 929771103 1,543 19000 SH SOLE 19000
WALMART STORES Common 931142103 32,064 347812 SH SOLE 347812
WALGREEN Common 931422109 2,497 88400 SH SOLE 88400
WARNER-LAMBERT Common 934488107 10,467 157995 SH SOLE 157995
WASHINGTON MUTUAL INC. Common 939322103 1,736 42471 SH SOLE 42471
WASTE MANAGEMENT Common 94106L109 2,092 47135 SH SOLE 47135
WELLS FARGO & CO. Common 949746101 4,839 138023 SH SOLE 138023
WENDY'S INTERNATIONAL Common 950590109 333 11700 SH SOLE 11700
WESTVACO CORP Common 961548104 191 9100 SH SOLE 9100
WEYERHAEUSER Common 962166104 1,010 18199 SH SOLE 18199
WHIRLPOOL Common 963320106 364 6700 SH SOLE 6700
WILLIAMETTE INDS Common 969133107 302 8000 SH SOLE 8000
WILLIAMS CO'S INC. Common 969457100 1,202 30429 SH SOLE 30429
WINN DIXIE STORES Common 974280109 497 13300 SH SOLE 13300
WORTHINGTON INDS Common 981811102 101 8600 SH SOLE 8600
WRIGLEY (W) JR. Common 982526105 742 8200 SH SOLE 8200
XEROX CORPORATION Common 984121103 3,058 58658 SH SOLE 58658
ZIFF DAVIS INC ZDNET Common 989511209 360 10000 SH SOLE 10000
</TABLE>
