UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 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 29 July 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: 529
Form 13F Information Table Value Total: $ 1,265,869
(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
- --------------------------------- -------------- --------- -------- -------- --- ---- ---------- -------- -------- -------- --------
AFLAC INC. Common 001055102 981 20500 SH SOLE 20500
THE AES CORP Common 00130H105 814 14000 SH SOLE 14000
AMR CORP Common 001765106 4,536 66460 SH SOLE 66460
A T & T Common 001957109 14,784 264887 SH SOLE 264887
AT & T CORP. Series 'A' 001957208 1,990 54150 SH SOLE 54150
ABBOTT LABS Common 002824100 5,613 123700 SH SOLE 123700
ADOBE SYSTEMS Common 00724F101 526 6400 SH SOLE 6400
ADVANCED MICRO DEV. Common 007903107 181 10000 SH SOLE 10000
AETNA INC. Common 008117103 1,198 13400 SH SOLE 13400
AIR PRODUCTS & CHEMICALS Common 009158106 692 17200 SH SOLE 17200
ALBERTO-CULVER Class 'B' 013068101 130 4900 SH SOLE 4900
ALBERTSONS Common 013104104 1,842 35730 SH SOLE 35730
ALCAN ALUMINIUM Common 013716105 648 20300 SH SOLE 20300
ALCOA INC Common 013817101 2,011 32502 SH SOLE 32502
ALLEGHENY TELEDYNE Common 017415100 291 12869 SH SOLE 12869
ALLERGAN Common 018490102 522 4700 SH SOLE 4700
ALLIED SIGNAL Common 019512102 2,822 44800 SH SOLE 44800
ALLSTATE CORP. Common 020002101 2,529 70508 SH SOLE 70508
ALLTEL CORP Common 020039103 1,630 22800 SH SOLE 22800
ALZA Common 022615108 305 6000 SH SOLE 6000
AMERADA HESS CORP Common 023551104 399 6700 SH SOLE 6700
AMEREN CORP. Common 023608102 349 9100 SH SOLE 9100
AMERICA ON LINE Common 02364J104 12,522 113840 SH SOLE 113840
AMERICAN ELECTRIC POWER Common 025537101 709 18862 SH SOLE 18862
AMERICAN EXPRESS Common 025816109 4,869 37418 SH SOLE 37418
AMERICAN GENERAL CORP. Common 026351106 1,687 22375 SH SOLE 22375
AMERICAN GREETINGS Class 'A' 026375105 190 6300 SH SOLE 6300
AMERICAN HOME PRODUCTS Common 026609107 6,283 109500 SH SOLE 109500
AMER INTERNATIONAL GROUP Common 026874107 24,180 206228 SH SOLE 206228
AMERITECH Common 030954101 6,954 94609 SH SOLE 94609
AMGEN Common 031162100 2,605 42800 SH SOLE 42800
AMSOUTH BANCORP Common 032165102 341 14700 SH SOLE 14700
ANADARKO PETROLEUM Common 032511107 567 15400 SH SOLE 15400
ANDREW CORPORATION Common 034425108 153 8100 SH SOLE 8100
ANHEUSER-BUSCH Common 035229103 2,887 40700 SH SOLE 40700
AON CORP. Common 037389103 743 18000 SH SOLE 18000
APACHE CORP Common 037411105 269 6900 SH SOLE 6900
APPLE COMPUTER Common 037833100 523 11300 SH SOLE 11300
APPLIED MATERIALS Common 038222105 2,394 32400 SH SOLE 32400
ARCHER DANIELS MIDLAND Common 039483102 829 53691 SH SOLE 53691
ARMSTRONG WORLD INDS Common 042476101 168 2900 SH SOLE 2900
ASARCO Common 043413103 58 3100 SH SOLE 3100
ASHLAND INC Common 044204105 265 6600 SH SOLE 6600
ASSOCIATES FIRST CAPITAL CORPORATION Class 'A' 046008108 2,475 56086 SH SOLE 56086
ATLANTIC RICHFIELD Common 048825103 2,460 29441 SH SOLE 29441
AUTODESK COMMON Common 052769106 124 4200 SH SOLE 4200
AUTOMATIC DATA PROCESSING Common 053015103 2,306 52400 SH SOLE 52400
AUTOZONE Common 053332102 325 10800 SH SOLE 10800
AVERY DENNSON Common 053611109 525 8700 SH SOLE 8700
AVON PRODUCTS Common 054303102 1,188 21399 SH SOLE 21399
BB & T CORP Common 054937107 785 21400 SH SOLE 21400
AZURIX CORP Common 05501M104 20 1000 SH SOLE 1000
BMC SOFTWARE Common 055921100 950 17600 SH SOLE 17600
BAKER HUGHES Common 057224107 767 22907 SH SOLE 22907
BALL CORP Common 058498106 93 2200 SH SOLE 2200
BANK OF AMERICA CORP Common 060505104 22,432 305976 SH SOLE 305976
BANK OF NEW YORK Common 064057102 8,800 239870 SH SOLE 239870
BANC ONE Common 06423A103 5,789 97191 SH SOLE 97191
BANK OF BOSTON Common 06605R106 1,339 26200 SH SOLE 26200
BARD (CR) Common 067383109 244 5100 SH SOLE 5100
BARRICK GOLD CORP Common 067901108 649 33500 SH SOLE 33500
BATTLE MOUNTAIN GOLD Common 071593107 50 20600 SH SOLE 20600
BAUSCH & LOMB Common 071707103 306 4000 SH SOLE 4000
BAXTER INTERNATIONAL INC. Common 071813109 1,533 25291 SH SOLE 25291
BEAR STEARNS Common 073902108 466 9975 SH SOLE 9975
BECTON DICKINSON Common 075887109 528 17600 SH SOLE 17600
BELL ATLANTIC Common 077853109 8,610 131697 SH SOLE 131697
BELLSOUTH CORP Common 079860102 7,352 159400 SH SOLE 159400
BEMIS Common 081437105 151 3800 SH SOLE 3800
BEST BUY CO INC. Common 086516101 1,046 15500 SH SOLE 15500
BESTFOODS Common 08658U101 1,277 25800 SH SOLE 25800
BETHLEHEM STEEL Common 087509105 63 8177 SH SOLE 8177
BIOMET Common 090613100 394 9900 SH SOLE 9900
BLACK & DECKER Common 091797100 576 9120 SH SOLE 9120
BLOCK (H&R) Common 093671105 375 7500 SH SOLE 7500
BOEING Common 097023105 3,383 76884 SH SOLE 76884
BOISE CASCADE CORP Common 097383103 153 3577 SH SOLE 3577
BOSTON SCIENTIFIC Common 101137107 1,529 34800 SH SOLE 34800
BRIGGS & STRATTON Common 109043109 104 1800 SH SOLE 1800
BRISTOL MYERS SQUIBB Common 110122108 21,776 309157 SH SOLE 309157
BROWN FORMAN Class 'B' 115637209 319 4900 SH SOLE 4900
BROWNING-FERRIS Common 115855105 654 15200 SH SOLE 15200
BRUNSWICK CORP Common 117043109 202 7230 SH SOLE 7230
BURLINGTON NORTHERN SANTA FE Common 12189T104 1,303 42041 SH SOLE 42041
BURLINGTON RESOURCES Common 122014103 543 12560 SH SOLE 12560
CBS CORPORATION Common 12490K107 2,525 57966 SH SOLE 57966
CIGNA CORP. Common 125509109 1,396 15681 SH SOLE 15681
CMS ENERGY Common 125896100 289 6900 SH SOLE 6900
CSX CORP Common 126408103 885 19500 SH SOLE 19500
CVS Common 126650100 9,562 188409 SH SOLE 188409
CABLETRON SYSTEMS Common 126920107 146 11200 SH SOLE 11200
CAMPBELL SOUP CO. Common 134429109 1,712 36911 SH SOLE 36911
CAPITAL ENVIRONMENT RESOURCES Common 14008M104 145 10000 SH SOLE 10000
CAPITAL ONE FINANCE Common 14040H105 919 16500 SH SOLE 16500
CARDINAL HEALTH Common 14149Y108 1,379 21500 SH SOLE 21500
CAREERBUILDERS INC Common 141684100 26 2000 SH SOLE 2000
CARNIVAL CORP Common 143658102 2,978 61400 SH SOLE 61400
CAROLINA POWER & LIGHT Common 144141108 462 10800 SH SOLE 10800
CASE CORP Common 14743R103 255 5300 SH SOLE 5300
CATERPILLAR Common 149123101 6,840 114000 SH SOLE 114000
CENDANT CORP Common 151313103 1,342 65455 SH SOLE 65455
CENTEX CORPORATION Common 152312104 150 4000 SH SOLE 4000
CENTRAL & SOUTH WEST CORP. Common 152357109 355 15200 SH SOLE 15200
CENTURYTEL INC Common 156686107 388 9750 SH SOLE 9750
CERIDIAN CORP Common 15677T106 386 11794 SH SOLE 11794
CHAMPION INTL CORP Common 158525105 332 6930 SH SOLE 6930
CHASE MANHATTAN Common 16161A108 17,900 206941 SH SOLE 206941
CHEVRON CORP Common 166751107 5,343 56200 SH SOLE 56200
CHUBB CORP Common 171232101 1,077 15500 SH SOLE 15500
CINCINNATI FINANCIAL CORP Common 172062101 451 12000 SH SOLE 12000
CINERGY CORP Common 172474108 362 11300 SH SOLE 11300
CIRCUIT CITY GROUP Common 172737108 651 7000 SH SOLE 7000
CISCO SYSTEMS Common 17275R102 27,990 434382 SH SOLE 434382
CITIGROUP Common 172967101 14,164 298192 SH SOLE 298192
CLEAR CHANNEL COMMUNICATIONS Common 184502102 1,799 26100 SH SOLE 26100
CLOROX CO Common 189054109 790 7400 SH SOLE 7400
COASTAL Common 190441105 913 22691 SH SOLE 22691
COCA-COLA Common 191216100 13,097 211234 SH SOLE 211234
COCA COLA ENTERPRISES Common 191219104 910 30600 SH SOLE 30600
COLGATE-PALMOLIVE Common 194162103 11,091 112601 SH SOLE 112601
COLUMBIA ENERGY GROUP Common 197648108 376 6000 SH SOLE 6000
COLUMBIA HCA HEALTHCARE Common 197677107 1,343 58883 SH SOLE 58883
COMCAST CORP Class 'A' 200300200 2,422 63000 SH SOLE 63000
COMERCIA INC. Common 200340107 678 11400 SH SOLE 11400
COMPAQ COMPUTER CORP Common 204493100 3,193 134815 SH SOLE 134815
COMPUTER ASSOCIATES Common 204912109 2,212 40400 SH SOLE 40400
COMPUTER SCIENCES Common 205363104 956 13817 SH SOLE 13817
COMPUWARE CORP. Common 205638109 986 31000 SH SOLE 31000
CONAGRA INC. Common 205887102 1,140 42800 SH SOLE 42800
CONCORD EFS INC Common 206197105 3,087 72960 SH SOLE 72960
CONCESO INC. Common 208464107 688 22590 SH SOLE 22590
CONSOLIDATED EDISON INC Common 209115104 891 19700 SH SOLE 19700
CONSOLIDATED NATURAL GAS Common 209615103 413 6800 SH SOLE 6800
CONSOLIDATED STORES Common 210149100 200 7400 SH SOLE 7400
CONSTELLATION ENERGY GROUP Common 210371100 314 10600 SH SOLE 10600
COOPER INDUSTRIES Common 216669101 442 8500 SH SOLE 8500
COOPER TIRE & RUBBER Common 216831107 132 5600 SH SOLE 5600
COORS (ADOLPH) CO Class 'B' 217016104 158 3200 SH SOLE 3200
CORNING INC Common 219350105 1,445 20600 SH SOLE 20600
COSTCO Common 22160Q102 1,513 18900 SH SOLE 18900
COUNTRYWIDE CREDIT Common 222372104 449 10500 SH SOLE 10500
CRANE CO Common 224399105 156 4950 SH SOLE 4950
CROWN CORK & SEAL Common 228255105 262 9200 SH SOLE 9200
CUMMINS ENGINE CO Common 231021106 171 3000 SH SOLE 3000
CYPRUS AMAX MINERALS Common 232809103 102 6700 SH SOLE 6700
DTE ENERGY Common 233331107 530 13000 SH SOLE 13000
DANA CORP Common 235811106 538 11681 SH SOLE 11681
DANAHER Common 235851102 663 11400 SH SOLE 11400
DARDEN RESTAURANTS Common 237194105 240 11000 SH SOLE 11000
DATA GENERAL CORPORATION Common 237688106 42 2900 SH SOLE 2900
DAVID'S BRIDAL Common 238576102 156 10000 SH SOLE 10000
DAYTON-HUDSON Common 239753106 2,535 39000 SH SOLE 39000
DEERE & CO Common 244199105 901 23000 SH SOLE 23000
DELL COMPUTER CORPORATION Common 247025109 7,777 210200 SH SOLE 210200
DELPHI AUTOMOTIVE Common 247126105 731 39489 SH SOLE 39489
DELTA AIR LINES Common 247361108 772 13395 SH SOLE 13395
DELUXE CORP Common 248019101 229 5900 SH SOLE 5900
DILLARDS Class 'A' 254067101 274 7800 SH SOLE 7800
DISNEY (WALT) Common 254687106 5,522 179207 SH SOLE 179207
DOLLAR GENERAL Common 256669102 625 21562 SH SOLE 21562
DOMINION RESOURCES Common 257470104 806 18600 SH SOLE 18600
DLJDIRECT Common 257661504 221 7500 SH SOLE 7500
DONNELLEY (RR) & SONS Common 257867101 400 10800 SH SOLE 10800
DOVER CORP Common 260003108 798 22800 SH SOLE 22800
DOW CHEMICAL Common 260543103 2,304 18162 SH SOLE 18162
DOW JONES Common 260561105 281 5300 SH SOLE 5300
DUPONT DE NEMOURS (EI) Common 263534109 6,595 96541 SH SOLE 96541
DUKE ENERGY Common 264399106 1,681 30883 SH SOLE 30883
DUN & BRADSTREET CORP (DELAWARE) Common 26483B106 436 12300 SH SOLE 12300
EG & G INC. Common 268457108 118 3300 SH SOLE 3300
EMC CORPORATION Common 268648102 4,576 83200 SH SOLE 83200
EASTERN ENTERPRISES Common 27637F100 60 1500 SH SOLE 1500
EASTMAN CHEMICAL Common 277432100 290 5600 SH SOLE 5600
EASTMAN KODAK CO Common 277461109 1,880 27743 SH SOLE 27743
EATON CORP Common 278058102 515 5600 SH SOLE 5600
ECOLAB INC Common 278865100 410 9400 SH SOLE 9400
EDISON INTL Common 281020107 803 30000 SH SOLE 30000
ELECTRONIC DATA SYSTEMS CORP. Common 285661104 2,361 41700 SH SOLE 41700
EMERSON ELECTRIC Common 291011104 2,329 37000 SH SOLE 37000
ENGELHARD CORPORATION Common 292845104 235 10400 SH SOLE 10400
ENRON Common 293561106 11,493 140585 SH SOLE 140585
ENTERGY Common 29364G103 761 24337 SH SOLE 24337
EQUIFAX INC Common 294429105 521 14600 SH SOLE 14600
EQUITABLE COMPANIES INC. Common 29444G107 8,917 133090 SH SOLE 133090
ETOYS INC Common 297862104 82 2000 SH SOLE 2000
EXXON CORP Common 302290101 23,983 310968 SH SOLE 310968
FMC CORP. Common 302491303 178 2600 SH SOLE 2600
FPL GROUP INC Common 302571104 972 17800 SH SOLE 17800
FDX CORP. Common 31304N107 1,207 22244 SH SOLE 22244
FREDDIE MAC Common 313400301 3,376 58200 SH SOLE 58200
FANNIE MAE Common 313586109 5,692 83400 SH SOLE 83400
FEDERATED DEPT STORES Common 31410H101 1,069 20200 SH SOLE 20200
FIFTH THIRD BANCORP Common 316773100 1,378 20700 SH SOLE 20700
FIRST DATA CORP Common 319963104 1,967 40200 SH SOLE 40200
FIRST UNION CORP. Common 337358105 3,793 80494 SH SOLE 80494
FIRSTAR Common 33763V109 1,630 58200 SH SOLE 58200
FIRSTENERGY Common 337932107 586 18900 SH SOLE 18900
FLEET FINANCIAL GROUP Common 338915101 2,086 47000 SH SOLE 47000
FLEETWOOD ENTERPRISES Common 339099103 66 2500 SH SOLE 2500
FLORIDA PROGRESS Common 341109106 331 8000 SH SOLE 8000
FLUOR CORP. Common 343861100 247 6103 SH SOLE 6103
FORD MOTOR Common 345370100 15,687 277945 SH SOLE 277945
FORT JAMES CORP. Common 347471104 682 18000 SH SOLE 18000
FORTUNE BRANDS Common 349631101 513 12400 SH SOLE 12400
FOSTER WHEELER Common 350244109 41 2900 SH SOLE 2900
FRANKLIN RESOURCES Common 354613101 882 21700 SH SOLE 21700
FREEPORT MC C&G Class 'B' 35671D857 366 20400 SH SOLE 20400
FRONTIER CORP Common 35906P105 862 14700 SH SOLE 14700
GPU INC. Common 36225Z100 367 8700 SH SOLE 8700
GTE CORP Common 362320103 6,146 81400 SH SOLE 81400
GANNETT Common 364730101 1,856 26000 SH SOLE 26000
GAP Common 364760108 12,057 239347 SH SOLE 239347
GATEWAY INC Common 367626108 786 13300 SH SOLE 13300
GENERAL DYNAMICS Common 369550108 632 9173 SH SOLE 9173
GENERAL ELECTRIC Common 369604103 46,156 408456 SH SOLE 408456
GENERAL INSTRUMENT CORP Common 370120107 417 9800 SH SOLE 9800
GENERAL MILLS Common 370334104 1,157 14400 SH SOLE 14400
GENERAL MOTORS Common 370442105 3,788 57396 SH SOLE 57396
GENUINE PARTS Common 372460105 452 12900 SH SOLE 12900
GEORGIA-PACIFIC CORP Common 373298108 587 12400 SH SOLE 12400
GILLETTE CO Common 375766102 3,920 95600 SH SOLE 95600
GLOBESPAN INC. Common 379571102 10 250 SH SOLE 250
GOLDEN WEST FINANCIAL Common 381317106 402 4100 SH SOLE 4100
GOLDMAN SACHS GROUP Common 38141G104 361 5000 SH SOLE 5000
GOODRICH (BF) CORPORATION Common 382388106 166 3900 SH SOLE 3900
GOODYEAR TIRE & RUBBER Common 382550101 906 15400 SH SOLE 15400
GOTO COM INC. Common 38348T107 210 7500 SH SOLE 7500
GRACE (WR) & CO. Common 38388F108 99 5200 SH SOLE 5200
GRAINGER (W.W) INC. Common 384802104 387 7200 SH SOLE 7200
GREAT ATLANTIC & PAC Common 390064103 95 2800 SH SOLE 2800
GREAT LAKES CHEMICAL CORP. Common 390568103 198 4300 SH SOLE 4300
GUIDANT Common 401698105 1,084 21200 SH SOLE 21200
HCR MANOR CARE INC. Common 404134108 109 4500 SH SOLE 4500
HALLIBURTON (USA) Common 406216101 1,625 35901 SH SOLE 35901
HARCOURT GENERAL INC Common 41163G101 186 3600 SH SOLE 3600
HARRAHS ENTERTAINMENT Common 413619107 205 9272 SH SOLE 9272
HARRIS CORP Common 413875105 224 5709 SH SOLE 5709
HARTFORD FINANCIAL SERVICES Common 416515104 1,243 21319 SH SOLE 21319
HASBRO Common 418056107 386 13800 SH SOLE 13800
HEALTHSOUTH CORP. Common 421924101 521 35000 SH SOLE 35000
HEINZ (HJ) CO. Common 423074103 1,679 33495 SH SOLE 33495
HELMERICH & PAYNE Common 423452101 85 3600 SH SOLE 3600
HERCULES INC Common 427056106 283 7200 SH SOLE 7200
HERSHEY FOODS CORP. Common 427866108 695 11700 SH SOLE 11700
HEWLETT-PACKARD Common 428236103 8,503 84611 SH SOLE 84611
HILTON HOTELS CORP Common 432848109 254 17900 SH SOLE 17900
HOME DEPOT Common 437076102 8,132 126200 SH SOLE 126200
HOMESTAKE MINING Common 437614100 89 10834 SH SOLE 10834
HONEYWELL INC. Common 438506107 1,086 9372 SH SOLE 9372
HOUSEHOLD INTL. INC. Common 441815107 1,934 40819 SH SOLE 40819
HUMANA INC. Common 444859102 189 14600 SH SOLE 14600
HUNTINGTON BANCSHARE Common 446150104 632 18050 SH SOLE 18050
IMS HEALTH Common 449934108 750 24000 SH SOLE 24000
IXL ENTERPRISES Common 450718101 134 5000 SH SOLE 5000
ITT INDUSTRIES Common 450911102 404 10600 SH SOLE 10600
IKON OFFICE SOLUTIONS Common 451713101 143 9500 SH SOLE 9500
ILLINOIS TOOL WORKS Common 452308109 1,823 22300 SH SOLE 22300
MBNA CORP. Common 45262L100 2,067 67500 SH SOLE 67500
INCO (USA) Common 453258402 268 14900 SH SOLE 14900
INFINITY BROADCASTING Class 'A' 45662S102 1,064 36000 SH SOLE 36000
INGERSOLL RAND Common 456866102 940 14550 SH SOLE 14550
INTEL CORP. Common 458140100 17,005 285804 SH SOLE 285804
INTERNATIONAL BUSINESS MACHINES Common 459200101 34,700 268469 SH SOLE 268469
INTERNATIONAL FLAVORS & FRAGRANCES Common 459506101 433 9845 SH SOLE 9845
INTERNATIONAL PAPER Common 460146103 11,751 233858 SH SOLE 233858
INTERPUBLIC GROUP Common 460690100 949 10950 SH SOLE 10950
JEFFERSON-PILOT Common 475070108 625 9450 SH SOLE 9450
JOHNSON & JOHNSON Common 478160104 17,408 177630 SH SOLE 177630
JOHNSON CONTROLS Common 478366107 520 7500 SH SOLE 7500
JOSTENS Common 481088102 72 3400 SH SOLE 3400
KLA TENCOR CORP. Common 482480100 467 7200 SH SOLE 7200
KMART Common 482584109 729 44175 SH SOLE 44175
KANSAS CITY SOUTHERN INDS Common 485170104 581 9100 SH SOLE 9100
KAUFMAN & BROAD HOME Common 486168107 85 3400 SH SOLE 3400
KELLOGG CO. Common 487836108 1,228 37200 SH SOLE 37200
KERR MCGEE CORP Common 492386107 390 7768 SH SOLE 7768
KEYCORP Common 493267108 1,285 40000 SH SOLE 40000
KIMBERLY-CLARK CORP Common 494368103 2,622 46000 SH SOLE 46000
KING WORLD PRODUCTIONS Common 495667107 188 5400 SH SOLE 5400
KNIGHT RIDDER INC Common 499040103 358 6500 SH SOLE 6500
KOHLS CORP Common 500255104 992 12900 SH SOLE 12900
KROGER Common 501044101 1,715 61400 SH SOLE 61400
LSI LOGIC CORP Common 502161102 586 12700 SH SOLE 12700
LAFARGE Common 505862102 287 8100 SH SOLE 8100
LAIDLAW Common 50730K503 207 28100 SH SOLE 28100
LEACH INTERNATIONAL INC. Common 521642108 288 3600 SH SOLE 3600
LEHMAN BROTHERS HLDGS Common 524908100 503 8100 SH SOLE 8100
LILLY (ELI) & CO Common 532457108 8,178 114180 SH SOLE 114180
LIMITED Common 532716107 899 19805 SH SOLE 19805
LINCOLN NATIONAL Common 534187109 774 14800 SH SOLE 14800
LIZ CLAIBOURNE Common 539320101 230 6300 SH SOLE 6300
LOCKHEED MARTIN Common 539830109 1,341 36000 SH SOLE 36000
LOEWS CORP. Common 542424108 815 10300 SH SOLE 10300
LONGS DRUG STORES Common 543162101 97 2800 SH SOLE 2800
LOUISIANA-PACIFIC Common 546347105 189 7900 SH SOLE 7900
LOWE'S COS. INC. Common 548661108 2,758 48650 SH SOLE 48650
LUCENT TECHNOLOGIES Common 549463107 16,937 251154 SH SOLE 251154
MBIA INC. Common 55262C100 414 6400 SH SOLE 6400
MCI WORLDCOM Common 55268B106 26,137 303696 SH SOLE 303696
MGIC INVESTMENT Common 552848103 413 8500 SH SOLE 8500
MALLINCKRODT GROUP Common 561232109 244 6697 SH SOLE 6697
MARSH & MCLENNAN Common 571748102 1,817 24000 SH SOLE 24000
MARRIOT INTERNATIONAL Class 'A' 571903202 890 23800 SH SOLE 23800
MASCO CORP Common 574599106 670 23200 SH SOLE 23200
MATTEL Common 577081102 679 26000 SH SOLE 26000
MAY DEPARTMENT STORES Common 577778103 1,368 33479 SH SOLE 33479
MAYTAG CORP Common 578592107 496 7100 SH SOLE 7100
MCDERMOTT INTL Common 580037109 113 4000 SH SOLE 4000
MCDONALD'S CORP Common 580135101 4,625 112451 SH SOLE 112451
MCGRAW HILL Common 580645109 777 14400 SH SOLE 14400
MCKESSON HBOC CORP. Common 58155Q103 667 20722 SH SOLE 20722
MEAD CORP Common 582834107 309 7400 SH SOLE 7400
MEDIAONE GROUP Common 58440J104 12,320 165642 SH SOLE 165642
MEDIA METRIX INC. Common 58440X103 266 5000 SH SOLE 5000
MEDTRONIC Common 585055106 3,715 47700 SH SOLE 47700
MELLON BANK CORP. Common 585509102 1,688 46400 SH SOLE 46400
MERCANTILE BANCORP Common 587342106 640 11200 SH SOLE 11200
MERCK & CO. Common 589331107 20,132 273441 SH SOLE 273441
MEREDITH CORP Common 589433101 100 2900 SH SOLE 2900
MILACRON INC Common 589709103 74 4000 SH SOLE 4000
MERRILL LYNCH Common 590188108 2,392 30085 SH SOLE 30085
MICROSOFT CORPORATION Common 594918104 54,690 606406 SH SOLE 606406
MICRON TECHNOLOGY Common 595112103 612 15100 SH SOLE 15100
MILLIPORE CORP Common 601073109 130 3200 SH SOLE 3200
MINNESOTA MINING & MANUFACTURING Common 604059105 3,134 36049 SH SOLE 36049
MIRAGE RESORTS Common 60462E104 325 19400 SH SOLE 19400
MOBIL CORP. Common 607059102 14,395 145777 SH SOLE 145777
MONSANTO CORP Common 611662107 2,107 53256 SH SOLE 53256
JP MORGAN & CO. Common 616880100 2,262 16100 SH SOLE 16100
MORGAN STANLEY DEAN WITTER & CO. Common 617446448 5,160 50280 SH SOLE 50280
MOTOROLA Common 620076109 4,738 50000 SH SOLE 50000
NABISCO GROUP HOLDINGS CORP Common 62952P102 530 27100 SH SOLE 27100
NACCO INDUSTRIES Class 'A' 629579103 29 400 SH SOLE 400
NALCO CHEMICAL CO Common 629853102 249 4800 SH SOLE 4800
NATIONAL CITY CORP. Common 635405103 1,854 28300 SH SOLE 28300
NATIONAL SEMICONDUCTOR Common 637640103 261 10328 SH SOLE 10328
NATIONAL SERVICE Common 637657107 115 3200 SH SOLE 3200
NAVISTAR INTL Common 63934E108 260 5200 SH SOLE 5200
NETWORK APPLIANCE Common 64120L104 330 5900 SH SOLE 5900
NETWORK ACCESS SOLUTIONS CORP Common 64120S109 133 10000 SH SOLE 10000
NEW CENTURY ENERGY Common 64352U103 361 9300 SH SOLE 9300
NEW YORK TIMES Class 'A' 650111107 501 13600 SH SOLE 13600
NEWEL RUBBERMAID Common 651229106 1,019 21963 SH SOLE 21963
NEWMONT MINING Common 651639106 223 11200 SH SOLE 11200
NEXTERA ENTERPRISES INC Class 'A' 65332E101 129 20000 SH SOLE 20000
NEXTEL COMMUNICATIONS INC Class 'A' 65332V103 833 16600 SH SOLE 16600
NIAGARA MOHAWK HOLDINGS Common 653520106 167 10400 SH SOLE 10400
NICOR INC. Common 654086107 133 3500 SH SOLE 3500
NIKE INC. Class 'B' 654106103 1,629 25700 SH SOLE 25700
NORDSTROM Common 655664100 476 14200 SH SOLE 14200
NORFOLK SOUTHERN GROUP Common 655844108 1,028 34119 SH SOLE 34119
NORTEL NETWORKS CORP. Common 656569100 5,085 58576 SH SOLE 58576
NORTHERN STATES POWER Common 665772109 242 10000 SH SOLE 10000
NORTHERN TRUST CORP Common 665859104 941 9700 SH SOLE 9700
NORTHROP GRUMMAN Common 666807102 272 4100 SH SOLE 4100
NOVELL INC. Common 670006105 824 31100 SH SOLE 31100
NUCOR CORP Common 670346105 299 6300 SH SOLE 6300
OCCIDENTAL PETROLEUM Common 674599105 511 24173 SH SOLE 24173
OFFICE DEPOT Common 676220106 841 38125 SH SOLE 38125
OMNICOM GROUP INC Common 681919106 1,120 14000 SH SOLE 14000
ONEOK INC. Common 682680103 64 2000 SH SOLE 2000
ORACLE CORPORATION Common 68389X105 4,412 118839 SH SOLE 118839
OWENS CORNING Common 69073F103 127 3700 SH SOLE 3700
OWENS ILLINOIS Common 690768403 438 13400 SH SOLE 13400
PECO ENERGY Common 693304107 833 19900 SH SOLE 19900
PG & E Common 69331C108 950 29300 SH SOLE 29300
PE-CORP-PE BIOSYSTEMS GROUP Common 69332S102 367 3200 SH SOLE 3200
PLX TECHNOLOGY Common 693417107 237 5000 SH SOLE 5000
PNC BANK CORP. Common 693475105 1,660 28800 SH SOLE 28800
PP & L RESOURCES Common 693499105 360 11700 SH SOLE 11700
PPG INDUSTRIES Common 693506107 951 16100 SH SOLE 16100
PACCAR INC Common 693718108 368 6900 SH SOLE 6900
PACIFICORP Common 695114108 549 29900 SH SOLE 29900
PAINE WEBBER Common 695629105 561 12000 SH SOLE 12000
PALL CORP Common 696429307 202 9100 SH SOLE 9100
PANTRY Common 698657103 16 1000 SH SOLE 1000
PARAMETRIC TECH Common 699173100 316 22800 SH SOLE 22800
PARKER - HANNIFIN Common 701094104 364 7950 SH SOLE 7950
PAYCHEX Common 704326107 626 19650 SH SOLE 19650
PENNEY (JC) CO INC Common 708160106 1,102 22700 SH SOLE 22700
PEOPLES ENERGY Common 711030106 94 2500 SH SOLE 2500
PEOPLESOFT INC. Common 712713106 319 18500 SH SOLE 18500
PEP BOYS MANNY, MOE & JACK Common 713278109 95 4500 SH SOLE 4500
PEPSI BOTTLING CO Common 713409100 1,156 50000 SH SOLE 50000
PEPSICO CAPITAL Common 713448108 4,836 125008 SH SOLE 125008
PHARAMACIA & UPJOHN Common 716941109 2,624 46195 SH SOLE 46195
PFIZER INC. Common 717081103 11,946 109600 SH SOLE 109600
PHELPS DODGE CORP Common 717265102 273 4400 SH SOLE 4400
PHILIP MORRIS Common 718154107 8,198 204000 SH SOLE 204000
PHILLIPS PETROLEUM Common 718507106 1,187 23600 SH SOLE 23600
PIONEER HI-BRED Common 723686101 689 17700 SH SOLE 17700
PITNEY BOWES Common 724479100 1,375 21400 SH SOLE 21400
PLACER DOME (USA) Common 725906101 253 21500 SH SOLE 21500
POLAROID CORP Common 731095105 112 4059 SH SOLE 4059
POTLATCH CORP Common 737628107 110 2500 SH SOLE 2500
PRAXAIR Common 74005P104 690 14100 SH SOLE 14100
PROCTER & GAMBLE Common 742718109 10,636 119166 SH SOLE 119166
PROGRESSIVE CORP Common 743315103 957 6600 SH SOLE 6600
PROVIDENT CO'S Common 743862104 428 10700 SH SOLE 10700
PROVIDIAN FINANCIAL CORP Common 74406A102 1,175 12600 SH SOLE 12600
PUBLIC SERVICE ENTERPRISE Common 744573106 849 20800 SH SOLE 20800
PULTE Common 745867101 83 3600 SH SOLE 3600
QUAKER OATS CO. Common 747402105 810 12200 SH SOLE 12200
QWEST COMMUNICATIONS INTL Common 749121109 6,087 184110 SH SOLE 184110
RADIO ONE Common 75040P108 70 1500 SH SOLE 1500
RALSTON-PURINA CORP Common 751277302 881 28933 SH SOLE 28933
RAYCHEM CORP. Common 754603108 289 7800 SH SOLE 7800
RAYTHEON CO Class 'B' 755111408 2,084 29561 SH SOLE 29561
REEBOK INTERNATIONAL Common 758110100 93 5000 SH SOLE 5000
REGIONS FINANCIAL CORP Common 758940100 673 17500 SH SOLE 17500
RELIANT ENERGY Common 75952J108 671 24296 SH SOLE 24296
REPUBLIC NEW YORK Common 760719104 668 9800 SH SOLE 9800
REPUBLIC SERVICES Common 760759100 3,868 156300 SH SOLE 156300
REYNOLDS METALS Common 761763101 384 6500 SH SOLE 6500
RHYTHYM NETCONNECTIONS INC. Common 762430205 292 5000 SH SOLE 5000
RITE AID CORP Common 767754104 542 22000 SH SOLE 22000
ROCKWELL INTERNATIONAL Common 773903109 1,043 17161 SH SOLE 17161
ROHM & HAAS CO Common 775371107 866 20187 SH SOLE 20187
ROWAN COS Common 779382100 141 7700 SH SOLE 7700
RUSSELL CORP Common 782352108 66 3400 SH SOLE 3400
RYDER SYSTEM Common 783549108 175 6800 SH SOLE 6800
SBC COMMUNICATIONS Common 78387G103 9,141 157600 SH SOLE 157600
SLM HOLDINGS Common 78442A109 651 14200 SH SOLE 14200
SAFECO CORP. Common 786429100 499 11300 SH SOLE 11300
SAFEWAY Common 786514208 2,000 40400 SH SOLE 40400
SAGENT TECHNOLOGY Common 786693101 65 7500 SH SOLE 7500
ST JUDE MEDICAL Common 790849103 235 6600 SH SOLE 6600
ST. PAUL COS. Common 792860108 559 17584 SH SOLE 17584
SARA LEE CORP Common 803111103 1,788 78800 SH SOLE 78800
SCHERING-PLOUGH Common 806605101 6,468 123200 SH SOLE 123200
SCHLUMBERGER Common 806857108 2,875 45147 SH SOLE 45147
SCHWAB (CHARLES) Common 808513105 3,850 35325 SH SOLE 35325
SCIENTIFIC-ATLANTA Common 808655104 248 6900 SH SOLE 6900
SEAGATE TECHNOLOGY Common 811804103 564 22000 SH SOLE 22000
SEAGRAM (USA) Common 811850106 1,657 32900 SH SOLE 32900
SEALED AIR CORP Common 81211K100 181 2787 SH SOLE 2787
SEARS ROEBUCK & CO Common 812387108 1,628 36525 SH SOLE 36525
SEMPRA ENERGY CORP. Common 816851109 442 19522 SH SOLE 19522
SERVICE CORP Common 817565104 412 21400 SH SOLE 21400
SHARED MEDICAL SYS Common 819486101 144 2200 SH SOLE 2200
SHERWIN-WILLIAMS Common 824348106 427 15400 SH SOLE 15400
SIGMA-ALDRICH Common 826552101 306 8900 SH SOLE 8900
SILICON GRAPHICS Common 827056102 259 15800 SH SOLE 15800
SILKNET SOFTWARE Common 827094103 81 2000 SH SOLE 2000
SNAP ON Common 833034101 195 5400 SH SOLE 5400
SOLECTRON CORP Common 834182107 1,094 16400 SH SOLE 16400
SONAT INC. Common 835415100 255 7700 SH SOLE 7700
SOUTHERN CO Common 842587107 1,642 61954 SH SOLE 61954
SOUTHTRUST CORP Common 844730101 499 13000 SH SOLE 13000
SOUTHWEST AIRLINES Common 844741108 910 29250 SH SOLE 29250
SPRINGS INDUSTRIES Class 'A' 851783100 79 1800 SH SOLE 1800
SPRINT CORP (FON GROUP) Common 852061100 3,922 74000 SH SOLE 74000
SPRINT CORP (PCS GROUP) Common 852061506 2,126 37300 SH SOLE 37300
STANLEY WORKS Common 854616109 254 7900 SH SOLE 7900
STAPLES INC Common 855030102 1,109 35850 SH SOLE 35850
STATE STREET CORP Common 857477103 1,118 13100 SH SOLE 13100
SUMMIT BANCORP Common 866005101 636 15200 SH SOLE 15200
SUN MICROSYSTEMS Common 866810104 9,300 135030 SH SOLE 135030
SUNOCO INC Common 86764P109 196 6500 SH SOLE 6500
SUNTRUST BANKS Common 867914103 1,910 27500 SH SOLE 27500
SUPERVALU INC. Common 868536103 311 12000 SH SOLE 12000
SYNOVUS FINANCIAL Common 87161C105 453 22800 SH SOLE 22800
SYSCO CORP Common 871829107 930 31200 SH SOLE 31200
TJX COMPANIES Common 872540109 946 28400 SH SOLE 28400
TRW Common 872649108 653 11900 SH SOLE 11900
TANDY CORP Common 875382103 952 19470 SH SOLE 19470
TEKTRONIX Common 879131100 133 4414 SH SOLE 4414
TELLABS COMMON STOCK NPV Common 879664100 2,176 32200 SH SOLE 32200
TEMPLE-INLAND INC. Common 879868107 336 4900 SH SOLE 4900
TENET HEALTHCARE Common 88033G100 401 21600 SH SOLE 21600
TENNECO Common 88037E101 365 15300 SH SOLE 15300
TEXACO INC Common 881694103 7,317 117300 SH SOLE 117300
TEXAS INSTRUMENTS Common 882508104 16,954 117734 SH SOLE 117734
TEXAS UTILITIES CO(HOLDINGS) Common 882848104 880 21247 SH SOLE 21247
TEXTRON INC Common 883203101 1,218 14800 SH SOLE 14800
THERMO ELECTRON Common 883556102 269 13400 SH SOLE 13400
THOMAS & BETTS Common 884315102 227 4800 SH SOLE 4800
3 COM Common 885535104 790 29600 SH SOLE 29600
TIME WARNER Common 887315109 18,935 260722 SH SOLE 260722
TIMES MIRROR CO Series 'A' 887364107 492 8300 SH SOLE 8300
TIMKEN CO Common 887389104 107 5500 SH SOLE 5500
TORCHMARK CORP. Common 891027104 423 12400 SH SOLE 12400
TOYS R US Common 892335100 537 25954 SH SOLE 25954
TRANSAMERICA Common 893485102 885 11800 SH SOLE 11800
TRICON GLOBAL RESTAURANTS INC. Common 895953107 747 13800 SH SOLE 13800
TRIBUNE CO Common 896047107 958 11000 SH SOLE 11000
TUPPERWARE CORP Common 899896104 140 5500 SH SOLE 5500
TYCO INTERNATIONAL Common 902124106 15,965 168501 SH SOLE 168501
USX-MARATHON GROUP Common 902905827 840 25800 SH SOLE 25800
UST INC Common 902911106 481 16400 SH SOLE 16400
US BANCORP Common 902973106 2,223 66592 SH SOLE 66592
UNUM CORP. Common 903192102 695 12700 SH SOLE 12700
USX-US STEEL GROUP Common 90337T101 205 7600 SH SOLE 7600
UNILEVER NV N.Y. Reg 904784501 3,410 49196 SH SOLE 49196
UNICOM CORP. Common 904911104 613 15896 SH SOLE 15896
UNION CARBIDE Common 905581104 546 11200 SH SOLE 11200
UNION PACIFIC Common 907818108 1,289 22100 SH SOLE 22100
UNION PACIFIC RESOURCES Common 907834105 370 22700 SH SOLE 22700
UNION PLANTERS Common 908068109 465 10400 SH SOLE 10400
UNISYS CORP. Common 909214108 621 15951 SH SOLE 15951
UNITED HEALTHCARE Common 910581107 1,046 16700 SH SOLE 16700
US AIRWAYS GROUP Common 911905107 305 7000 SH SOLE 7000
US WEST INC Common 91273H101 2,625 44685 SH SOLE 44685
UNITED TECHNOLOGIES Common 913017109 11,248 156228 SH SOLE 156228
UNOCAL CORP Common 915289102 888 22400 SH SOLE 22400
VF CORP Common 918204108 487 11400 SH SOLE 11400
VIACOM Class 'B' 925524308 2,235 50800 SH SOLE 50800
VULCAN MATERIALS Common 929160109 309 6400 SH SOLE 6400
WACHOVIA CORP. Common 929771103 1,626 19000 SH SOLE 19000
WALMART STORES Common 931142103 30,803 638396 SH SOLE 638396
WALGREEN Common 931422109 2,597 88400 SH SOLE 88400
WARNER-LAMBERT Common 934488107 12,374 179015 SH SOLE 179015
WASHINGTON MUTUAL INC. Common 939322103 1,510 42471 SH SOLE 42471
WASTE MANAGEMENT Common 94106L109 2,534 47135 SH SOLE 47135
WATSON PHARMACEUTICALS INC Common 942683103 277 7900 SH SOLE 7900
WELLPOINT HEALTH NETWORK Common 94973H108 467 5500 SH SOLE 5500
WELLS FARGO & CO. Common 949746101 13,410 313692 SH SOLE 313692
WENDY'S INTERNATIONAL Common 950590109 333 11700 SH SOLE 11700
WESTVACO CORP Common 961548104 264 9100 SH SOLE 9100
WEYERHAEUSER Common 962166104 1,256 18272 SH SOLE 18272
WHIRLPOOL Common 963320106 496 6700 SH SOLE 6700
WILLIAMETTE INDS Common 969133107 369 8000 SH SOLE 8000
WILLIAMS CO'S INC. Common 969457100 1,302 30585 SH SOLE 30585
WINN DIXIE STORES Common 974280109 491 13300 SH SOLE 13300
WORTHINGTON INDS Common 981811102 141 8600 SH SOLE 8600
WRIGLEY (W) JR. Common 982526105 731 8200 SH SOLE 8200
XEROX CORPORATION Common 984121103 3,479 58897 SH SOLE 58897
FRUIT OF THE LOOM Class 'A' G3682L105 55 5600 SH SOLE 5600
MIH LTD Class 'A' G6116R101 265 10000 SH SOLE 10000
</TABLE>
