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: Nomura Asset Management Co., Ltd.
Address: 2-1-14, Nihonbashi, Chuo-ku
Tokyo, Japan 103-8260
13F File Number: 28-6746
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: Yasuo Takebayashi
Title: Senior Executive Officer
Phone: 03-3241-9511
Signature, Place, and Date of Signing:
/s/ Yasuo Takebayashi, Tokyo, Japan, August 11, 1999
- --------------------------------------------------------------------------------
Report Type (Check only one.):
|X| 13F HOLDINGS REPORT.
|_| 13F NOTICE.
|_| 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers:
Form 13F Information Table Entry Total: 530
Form 13F Information Table Value Total: 1,366,181,704
List of Other Included Managers:
No. 13F File Number Name
<PAGE>
Page 1 of 20
<TABLE>
<CAPTION>
FORM 13F INFORMATION TABLE
SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- -------- ------- ------ ----
<S> <C> <C> <C> <C> <C> <C>
ADC TELECOMM INCORPORATED COM 000886101 337,500 7,500 x 7,500
- ------------------------------------------------------------------------------------------------------------------------------------
AT & T CORP COM 001957109 25,931,433 465,165 x 465,165
- ------------------------------------------------------------------------------------------------------------------------------------
AT&T CAP CORP 8.125 12/15/28
SERIES PREFERRED 00206J308 1,465,913 58,200 x 58,200
- ------------------------------------------------------------------------------------------------------------------------------------
AVX CORP COM 002444107 172,944 6,700 x 6,700
- ------------------------------------------------------------------------------------------------------------------------------------
ABACUS DIRECT CORP COM 002553105 25,650 300 x 300
- ------------------------------------------------------------------------------------------------------------------------------------
ABBOTT LABS COM 002824100 20,892,875 460,800 x 460,800
- ------------------------------------------------------------------------------------------------------------------------------------
ACXIOM CORP COM 005125109 106,250 4,000 x 4,000
- ------------------------------------------------------------------------------------------------------------------------------------
ADAPTEC INC COM 00651F108 138,225 3,880 x 3,880
- ------------------------------------------------------------------------------------------------------------------------------------
ADOBE SYSTEMS INC. COM 00724F101 1,320,641 15,490 x 15,490
- ------------------------------------------------------------------------------------------------------------------------------------
AETNA INC COM 008117103 220,911 2,470 x 2,470
- ------------------------------------------------------------------------------------------------------------------------------------
AFFILIATED COMPUTER
SERVICES-A CL A 008190100 65,569 1,300 x 1,300
- ------------------------------------------------------------------------------------------------------------------------------------
AFFILIATED MANAGERS COM 008252108 46,700 1,600 x 1,600
- ------------------------------------------------------------------------------------------------------------------------------------
AIR PRODUCTS COM 009158106 635,906 15,300 x 15,300
- ------------------------------------------------------------------------------------------------------------------------------------
ALBERTSON'S INC COM 013104104 6,877,123 135,011 x 135,011
- ------------------------------------------------------------------------------------------------------------------------------------
ALCAN ALUM LTD COM 013716105 447,300 14,200 x 14,200
- ------------------------------------------------------------------------------------------------------------------------------------
ALCOA INC COM 013817101 11,538,921 185,090 x 185,090
- ------------------------------------------------------------------------------------------------------------------------------------
ALCATEL ALSTHOM CGE-SPON ADR SPONSORED ADR 013904305 283,437 10,191 x 10,191
- ------------------------------------------------------------------------------------------------------------------------------------
AMR CORP/DEL COM 001765106 894,075 13,100 x 13,100
- ------------------------------------------------------------------------------------------------------------------------------------
ALLIED SIGNAL INC COM 019512102 972,820 15,320 x 15,320
- ------------------------------------------------------------------------------------------------------------------------------------
ALLIED WASTE COM PAR$ .01 NEW 019589308 332,850 16,800 x 16,800
- ------------------------------------------------------------------------------------------------------------------------------------
ALLSTATE CORP COM 020002101 567,648 15,768 x 15,768
- ------------------------------------------------------------------------------------------------------------------------------------
ALLTEL CORP COM 020039103 6,474,375 90,000 x 90,000
- ------------------------------------------------------------------------------------------------------------------------------------
ALTERA CORP. COM 021441100 460,481 12,300 x 12,300
- ------------------------------------------------------------------------------------------------------------------------------------
AMAZON COM.INC COM 023135106 731,194 6,300 x 6,300
- ------------------------------------------------------------------------------------------------------------------------------------
AMERICA ONLINE INC COM 02364J104 11,705,950 109,700 x 109,700
- ------------------------------------------------------------------------------------------------------------------------------------
AMERICAN CAPITAL STRATEGIES COM 024937104 39,600 2,200 x 2,200
- ------------------------------------------------------------------------------------------------------------------------------------
AMERICAN EXPRESS CO COM 025816109 1,832,992 14,239 x 14,239
- ------------------------------------------------------------------------------------------------------------------------------------
Page Total 94,519,283
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 2 of 20
<TABLE>
<CAPTION>
FORM 13F INFORMATION TABLE
SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- -------- ------- ------ ----
<S> <C> <C> <C> <C> <C> <C>
AMERICAN GEN CORP COM 026351106 6,061,329 82,397 x 82,397
- ------------------------------------------------------------------------------------------------------------------------------------
AMERICAN HOME PRODUCTS COM 026609107 6,154,813 114,000 x 114,000
- ------------------------------------------------------------------------------------------------------------------------------------
AMERICAN HOMESTAR COM 026651109 42,227 5,875 x 5,875
- ------------------------------------------------------------------------------------------------------------------------------------
AMERICAN INTL GROUP COM 026874107 10,770,349 89,223 x 89,223
- ------------------------------------------------------------------------------------------------------------------------------------
AMERICAN POWER CONVERSION COM 029066107 228,938 11,100 x 11,100
- ------------------------------------------------------------------------------------------------------------------------------------
AMERICAN RE CAPITAL COM 029162203 1,230,188 48,600 x 48,600
- ------------------------------------------------------------------------------------------------------------------------------------
AMERITECH CORP/DEL COM 030954101 7,590,800 107,800 x 107,800
- ------------------------------------------------------------------------------------------------------------------------------------
AMGEN INC COM 031162100 6,956,761 116,200 x 116,200
- ------------------------------------------------------------------------------------------------------------------------------------
ANADARKO PETE COM 032511107 180,075 4,900 x 4,900
- ------------------------------------------------------------------------------------------------------------------------------------
ANALOG DEVICES INC COM 032654105 125,613 2,600 x 2,600
- ------------------------------------------------------------------------------------------------------------------------------------
ANDREW CORP. COM 034425108 51,755 2,742 x 2,742
- ------------------------------------------------------------------------------------------------------------------------------------
ANHEUSER BUSCH COS INC COM 035229103 15,674,156 220,540 x 220,540
- ------------------------------------------------------------------------------------------------------------------------------------
ANTEC CORPORATION COM 03664P105 129,938 4,200 x 4,200
- ------------------------------------------------------------------------------------------------------------------------------------
APOLLO GROUP-A CL A 037604105 82,063 3,250 x 3,250
- ------------------------------------------------------------------------------------------------------------------------------------
APPALACHIAN POWER 8.25%
9/30/26 SERIES A PREFERRED 037735826 1,879,350 74,800 x 74,800
- ------------------------------------------------------------------------------------------------------------------------------------
APPLE COMPUTER COM 037833100 382,965 8,440 x 8,440
- ------------------------------------------------------------------------------------------------------------------------------------
APPLIED GRAPHICS TECHNOLOGIE COM 037937109 9,450 800 x 800
- ------------------------------------------------------------------------------------------------------------------------------------
APPLIED MATERIALS COM 038222105 12,075,431 172,440 x 172,440
- ------------------------------------------------------------------------------------------------------------------------------------
ARACRUZ CELULOSE-ADR SPNR ADR CL B 038496204 344,886 16,135 x 16,135
- ------------------------------------------------------------------------------------------------------------------------------------
ARCHER DANIELS MIDLAND COM 039483102 159,813 10,610 x 10,610
- ------------------------------------------------------------------------------------------------------------------------------------
ARIBA INC COM 04033V104 42,750 500 x 500
- ------------------------------------------------------------------------------------------------------------------------------------
ASHLAND INC COM 044204105 143,775 3,600 x 3,600
- ------------------------------------------------------------------------------------------------------------------------------------
AT HOME CORPORATION-A COM SER A 045919107 1,194,563 23,000 x 23,000
- ------------------------------------------------------------------------------------------------------------------------------------
ASSOCIATES FIRST CAPITAL COM 046008108 581,910 14,280 x 14,280
- ------------------------------------------------------------------------------------------------------------------------------------
ATLANTIC RICHFIELD CO COM 048825103 207,188 2,500 x 2,500
- ------------------------------------------------------------------------------------------------------------------------------------
ATMEL CORP COM 049513104 84,000 3,360 x 3,360
- ------------------------------------------------------------------------------------------------------------------------------------
AUSTRALIA & NEW ZEALAND BANK
9.125% PREFERRED 052528403 2,079,175 76,300 x 76,300
- ------------------------------------------------------------------------------------------------------------------------------------
Page Total 74,464,261
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 3 of 20
<TABLE>
<CAPTION>
FORM 13F INFORMATION TABLE
SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- -------- ------- ------ ----
<S> <C> <C> <C> <C> <C> <C>
AUTODESK INC. COM 052769106 63,123 2,210 x 2,210
- ------------------------------------------------------------------------------------------------------------------------------------
AVANT CORP COM 053487104 106,925 9,100 x 9,100
- ------------------------------------------------------------------------------------------------------------------------------------
BP AMOCO PLC-ADR SPONSORED ADR 055622104 1,599,372 14,809 x 14,809
- ------------------------------------------------------------------------------------------------------------------------------------
BMC SOFTWARE COM 055921100 421,316 7,940 x 7,940
- ------------------------------------------------------------------------------------------------------------------------------------
BACOU USA COM 056439102 39,188 2,200 x 2,200
- ------------------------------------------------------------------------------------------------------------------------------------
BAKER HUGHES COM 057224107 316,800 9,900 x 9,900
- ------------------------------------------------------------------------------------------------------------------------------------
BANCO BILBAO VIZ INTL SPONSORED ADR 059456103 1,206,943 45,545 x 45,545
- ------------------------------------------------------------------------------------------------------------------------------------
BANCO DE GALICIA-ADR SPNS ADR B NEW 059538207 63,188 3,000 x 3,000
- ------------------------------------------------------------------------------------------------------------------------------------
BANCO RIO DE LA PLATA S.A.
-ADR SPONS ADR CL B 059644104 49,375 5,000 x 5,000
- ------------------------------------------------------------------------------------------------------------------------------------
BANCO SANTANDER-CHILE-SP
(ADR) SPON ADR SER A 05965F108 15,250 1,000 x 1,000
- ------------------------------------------------------------------------------------------------------------------------------------
BANK OF AMERICA CORP COM 060505104 5,256,000 72,000 x 72,000
- ------------------------------------------------------------------------------------------------------------------------------------
BANK OF NEWYORK COM 064057102 293,500 8,000 x 8,000
- ------------------------------------------------------------------------------------------------------------------------------------
BANK ONE CORP COM 06423A103 17,101,584 289,700 x 289,700
- ------------------------------------------------------------------------------------------------------------------------------------
BANKAMERICA CORP COM 06605F102 227,269 3,100 x 3,100
- ------------------------------------------------------------------------------------------------------------------------------------
BARD (C R) COM 067383109 4,272,000 89,000 x 89,000
- ------------------------------------------------------------------------------------------------------------------------------------
BARNES & NOBEL COM 067774109 4,552,438 169,000 x 169,000
- ------------------------------------------------------------------------------------------------------------------------------------
BARNESANDNOBLE COM INC COM 067846105 356,250 20,000 x 20,000
- ------------------------------------------------------------------------------------------------------------------------------------
BARRICK GOLD CORP COM 067901108 181,300 9,800 x 9,800
- ------------------------------------------------------------------------------------------------------------------------------------
BARR LABORATORIES COM 068306109 66,088 1,700 x 1,700
- ------------------------------------------------------------------------------------------------------------------------------------
BARRETT RESOURCES CORPORATION
NEW COM PAR $0.01 068480201 34,200 900 x 900
- ------------------------------------------------------------------------------------------------------------------------------------
BECKTON DICKINSON COM 75887109 330,000 11,000 x 11,000
- ------------------------------------------------------------------------------------------------------------------------------------
BED BATH & BEYOND COM 075896100 1,117,781 29,250 x 29,250
- ------------------------------------------------------------------------------------------------------------------------------------
BELL ATLANTIC CORP COM 077853109 943,458 15,202 x 15,202
- ------------------------------------------------------------------------------------------------------------------------------------
BETHLEHEM STL CORP COM 087509105 106,250 13,600 x 13,600
- ------------------------------------------------------------------------------------------------------------------------------------
BIOGEN INC COM 090597105 841,949 13,220 x 13,220
- ------------------------------------------------------------------------------------------------------------------------------------
BIOMET INCORPORATED COM 090613100 269,750 6,640 x 6,640
- ------------------------------------------------------------------------------------------------------------------------------------
AIRTOUCH COMMUNICATIONS COM 0949T100 861,250 8,000 x 8,000
- ------------------------------------------------------------------------------------------------------------------------------------
Page Total 40,692,547
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 4 of 20
<TABLE>
<CAPTION>
FORM 13F INFORMATION TABLE
SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- -------- ------- ------ ----
<S> <C> <C> <C> <C> <C> <C>
BOEING CO COM 097023105 2,074,800 47,198 x 47,198
- ------------------------------------------------------------------------------------------------------------------------------------
BOISE CASCADE CORP COM 097383103 366,591 8,613 x 8,613
- ------------------------------------------------------------------------------------------------------------------------------------
BRISTOL MYERS SQUIBB COM 110122108 36,180,692 516,848 x 516,848
- ------------------------------------------------------------------------------------------------------------------------------------
BROADCAST.COM INC COM 111310108 122,625 1,000 x 1,000
- ------------------------------------------------------------------------------------------------------------------------------------
BROADCOM CORP-CL A COM 111320107 1,075,250 8,500 x 8,500
- ------------------------------------------------------------------------------------------------------------------------------------
BROADVISION INC COM 111412102 892,763 13,300 x 13,300
- ------------------------------------------------------------------------------------------------------------------------------------
BROOKS AUTOMATION COM 11434A100 346,125 13,000 x 13,000
- ------------------------------------------------------------------------------------------------------------------------------------
BROWNING FERRIS COM 115885105 635,775 14,700 x 14,700
- ------------------------------------------------------------------------------------------------------------------------------------
BURLINGTON RESOURCES INC. COM 122014103 269,750 6,500 x 6,500
- ------------------------------------------------------------------------------------------------------------------------------------
BURR BROWN CORP COM 122574106 337,550 8,600 x 8,600
- ------------------------------------------------------------------------------------------------------------------------------------
CBRL GROUP INC COM 12489V106 31,944 1,900 x 1,900
- ------------------------------------------------------------------------------------------------------------------------------------
CIGNA CORP COM 125509109 267,000 3,000 x 3,000
- ------------------------------------------------------------------------------------------------------------------------------------
CMGI INC COM 125750109 507,438 4,600 x 4,600
- ------------------------------------------------------------------------------------------------------------------------------------
CNET INC COM 125945105 194,850 3,600 x 3,600
- ------------------------------------------------------------------------------------------------------------------------------------
CABLEVISION SYSTEMS COM 12686C109 2,835,000 40,500 x 40,500
- ------------------------------------------------------------------------------------------------------------------------------------
CABOT OIL & GAS CORP-CL A CL A 127097103 60,431 3,300 x 3,300
- ------------------------------------------------------------------------------------------------------------------------------------
CALPINE CORP COM 131347106 156,056 2,900 x 2,900
- ------------------------------------------------------------------------------------------------------------------------------------
CAMBRIDGE TECHNOLOGY PARTNERS COM 132524109 33,131 1,900 x 1,900
- ------------------------------------------------------------------------------------------------------------------------------------
CANADIAN GENERAL CAPITAL COM 135785202 1,151,400 45,600 x 45,600
- ------------------------------------------------------------------------------------------------------------------------------------
CANADIAN NATIONAL RAILWAY COM 136375102 1,129,102 17,189 x 17,189
- ------------------------------------------------------------------------------------------------------------------------------------
CANADIAN PACIFIC COM 136440302 270,750 11,400 x 11,400
- ------------------------------------------------------------------------------------------------------------------------------------
CARBIDE COM 140777103 190,341 13,970 x 13,970
- ------------------------------------------------------------------------------------------------------------------------------------
CAREER EDUCATION CO COM 141665109 99,325 2,900 x 2,900
- ------------------------------------------------------------------------------------------------------------------------------------
CAREY INTERNATIONAL INC COM 141750109 54,050 2,300 x 2,300
- ------------------------------------------------------------------------------------------------------------------------------------
CARRIAGE SERVICES COM 143905107 64,531 3,500 x 3,500
- ------------------------------------------------------------------------------------------------------------------------------------
CAROLINA P & L COM 144141850 484,500 19,000 x 19,000
- ------------------------------------------------------------------------------------------------------------------------------------
CATERPILLAR INC DEL COM 149123101 12,226,031 203,470 x 203,470
- ------------------------------------------------------------------------------------------------------------------------------------
Page Total 62,057,801
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 5 of 20
<TABLE>
<CAPTION>
FORM 13F INFORMATION TABLE
SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- -------- ------- ------ ----
<S> <C> <C> <C> <C> <C> <C>
CELESTICA INC SUB VTG SHS 15101Q108 85,125 2,000 x 2,000
- ------------------------------------------------------------------------------------------------------------------------------------
CENTOCOR INC COM 152342101 143,220 3,080 x 3,080
- ------------------------------------------------------------------------------------------------------------------------------------
CENTURY ALUMINUM COM 156431108 126,000 18,000 x 18,000
- ------------------------------------------------------------------------------------------------------------------------------------
CHANCELLOR MEDIA CORP COM 158915108 415,319 7,700 x 7,700
- ------------------------------------------------------------------------------------------------------------------------------------
CHASE MANHATTAN CORP COM 16161A108 17,373,650 205,600 x 205,600
- ------------------------------------------------------------------------------------------------------------------------------------
CHEVRON CORPORATION COM 166751107 5,168,855 54,920 x 54,920
- ------------------------------------------------------------------------------------------------------------------------------------
CHIRON CORP. COM 170040109 245,700 11,200 x 11,200
- ------------------------------------------------------------------------------------------------------------------------------------
CINAR CORP-CL B SUB VTG SUB VTG SHS B 171905300 369,375 15,000 x 15,000
- ------------------------------------------------------------------------------------------------------------------------------------
CIRCUIT CITY STORE INC COM 172737108 422,987 4,746 x 4,746
- ------------------------------------------------------------------------------------------------------------------------------------
CISCO SYSTEMS COM 17275R102 40,998,475 645,200 x 645,200
- ------------------------------------------------------------------------------------------------------------------------------------
CINTAS CORP COM 172908105 379,028 5,820 x 5,820
- ------------------------------------------------------------------------------------------------------------------------------------
CITIGROUP COM 172967101 22,753,463 479,237 x 479,237
- ------------------------------------------------------------------------------------------------------------------------------------
CITRIX SYSTEMS INC COM 177376100 263,925 4,600 x 4,600
- ------------------------------------------------------------------------------------------------------------------------------------
CLEAR CHANNEL COMMUNICATION COM 184502102 465,328 6,750 x 6,750
- ------------------------------------------------------------------------------------------------------------------------------------
CLOROX CO COM 189054109 8,818,875 87,100 x 87,100
- ------------------------------------------------------------------------------------------------------------------------------------
COASTAL CORP COM 190441105 2,439,875 59,600 x 59,600
- ------------------------------------------------------------------------------------------------------------------------------------
COASTAL FINANCE(CGP) 8.375
6/30/38 PREFERRED 190463208 990,000 40,000 x 40,000
- ------------------------------------------------------------------------------------------------------------------------------------
COCA COLA CO COM 191216100 12,325,806 200,160 x 200,160
- ------------------------------------------------------------------------------------------------------------------------------------
COGNEX CORP COM 192422103 146,875 4,700 x 4,700
- ------------------------------------------------------------------------------------------------------------------------------------
COLUMBIA HCA HEALTHCARE
CORPORATION COM 197677107 137,175 5,900 x 5,900
- ------------------------------------------------------------------------------------------------------------------------------------
COMAIR HOLDINGS INC COM 199789108 76,547 3,550 x 3,550
- ------------------------------------------------------------------------------------------------------------------------------------
COMCAST CORP CLASS A CL A SPL 200300200 6,388,865 164,080 x 164,080
- ------------------------------------------------------------------------------------------------------------------------------------
BRASIL DISTR PAO ACU-SP ADR ADR 20440T201 155,813 9,000 x 9,000
- ------------------------------------------------------------------------------------------------------------------------------------
CIA PARANAENSE ENER-SP ADR P SPONS ADR PFD 20441B407 112,875 14,000 x 14,000
- ------------------------------------------------------------------------------------------------------------------------------------
COMPANIA ANONIMA NACIONAL
TELEFONOS ADR SPN ADR 7D SHS 204421101 136,250 5,000 x 5,000
- ------------------------------------------------------------------------------------------------------------------------------------
CIA CERVECERIA UNIDAS-ADR SPONSORED ADR 204429104 278,750 10,000 x 10,000
- ------------------------------------------------------------------------------------------------------------------------------------
CIA TELECOM CHILE-ADR SPONSORED ADR NEW 204449300 311,344 13,500 x 13,500
- ------------------------------------------------------------------------------------------------------------------------------------
Page Total 121,529,500
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 6 of 20
<TABLE>
<CAPTION>
FORM 13F INFORMATION TABLE
SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- -------- ------- ------ ----
<S> <C> <C> <C> <C> <C> <C>
COMPAQ COMPUTER COM 204493100 1,362,031 57,500 x 57,500
- ------------------------------------------------------------------------------------------------------------------------------------
COMPUWARE CORP COM 205638109 321,266 10,020 x 10,020
- ------------------------------------------------------------------------------------------------------------------------------------
COMVERSE TECHNOLOGY INC COM PAR $0.1 205862402 246,800 3,200 x 3,200
- ------------------------------------------------------------------------------------------------------------------------------------
CONAGRA CAPITAL LC COM 20588V406 1,358,363 53,400 x 53,400
- ------------------------------------------------------------------------------------------------------------------------------------
CONCORDEFS INC COM 206197105 258,806 6,450 x 6,450
- ------------------------------------------------------------------------------------------------------------------------------------
CONOCO INC-CL A CL A 208251306 2,974,219 112,500 x 112,500
- ------------------------------------------------------------------------------------------------------------------------------------
CONSECO COM 208464107 15,766,625 518,000
- ------------------------------------------------------------------------------------------------------------------------------------
COOPER INDUSTRIES COM 216669101 72,709 1,380 x 1,380
- ------------------------------------------------------------------------------------------------------------------------------------
COPART INC COM 217204106 68,200 3,100 x 3,100
- ------------------------------------------------------------------------------------------------------------------------------------
COPPER MOUNTAIN NETWORKS,INC COM 217510106 34,438 500 x 500
- ------------------------------------------------------------------------------------------------------------------------------------
CORNING INC COM 219350105 13,474,519 192,150 x 192,150
- ------------------------------------------------------------------------------------------------------------------------------------
CORPORATE EXPRESS INC COM 219888104 20,039 2,850 x 2,850
- ------------------------------------------------------------------------------------------------------------------------------------
COSTCO COMPANIES INC COM 22160Q102 905,190 11,440 x 11,440
- ------------------------------------------------------------------------------------------------------------------------------------
COVAD COMMUNICATIONS GROUP COM 222814204 124,125 3,000 x 3,000
- ------------------------------------------------------------------------------------------------------------------------------------
COVANCE INC COM 222816100 69,750 3,000 x 3,000
- ------------------------------------------------------------------------------------------------------------------------------------
CRESCENT REAL ESTATE EQUITIES COM 225756105 212,394 8,736 x 8,736
- ------------------------------------------------------------------------------------------------------------------------------------
CRUSADER HLDG CORP COM 228840104 4,305 420 x 420
- ------------------------------------------------------------------------------------------------------------------------------------
CYMER INC COM 232572107 495,000 20,000 x 20,000
- ------------------------------------------------------------------------------------------------------------------------------------
CYPRUS AMAX MINERALS CO. COM 232809103 636,750 42,000 x 42,000
- ------------------------------------------------------------------------------------------------------------------------------------
CYTEC INDUSTRY INC COM 232820100 344,250 12,000 x 12,000
- ------------------------------------------------------------------------------------------------------------------------------------
DAVID'S BRIDAL INC COM 238576102 896,250 60,000 x 60,000
- ------------------------------------------------------------------------------------------------------------------------------------
DAYTON HUDSON COM 239753106 224,250 3,450 x 3,450
- ------------------------------------------------------------------------------------------------------------------------------------
DELL COMPUTER CORP COM 247025109 1,511,525 41,200 x 41,200
- ------------------------------------------------------------------------------------------------------------------------------------
DELPHI AUTOMOTIVE SYSTEMS COM 247126105 1,779,156 96,107 x 96,107
- ------------------------------------------------------------------------------------------------------------------------------------
DISNEY (WALT) CO COM 254687106 894,521 29,260 x 29,260
- ------------------------------------------------------------------------------------------------------------------------------------
DOLE FOOD COMPANY COM 256605106 8,380,688 285,300 x 285,300
- ------------------------------------------------------------------------------------------------------------------------------------
DOLLAR TREE STORES INC COM 256747106 107,813 2,500 x 2,500
- ------------------------------------------------------------------------------------------------------------------------------------
Page Total 52,543,982
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 7 of 20
<TABLE>
<CAPTION>
FORM 13F INFORMATION TABLE
SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- -------- ------- ------ ----
<S> <C> <C> <C> <C> <C> <C>
DLJDIRECT COM 257661504 134,375 5,000 x 5,000
- ------------------------------------------------------------------------------------------------------------------------------------
DOW CHEM CO COM 260543103 15,228,750 120,000 x 120,000
- ------------------------------------------------------------------------------------------------------------------------------------
GTE CORP COM 362320103 19,601,310 259,620 x 259,620
- ------------------------------------------------------------------------------------------------------------------------------------
DU PONT E I DE NEMOURS COM 263534109 2,126,802 31,260 x 31,260
- ------------------------------------------------------------------------------------------------------------------------------------
DUCATI MOTOR HOLDING-SP ADR SPONSORED ADR 264066101 92,313 3,500 x 3,500
- ------------------------------------------------------------------------------------------------------------------------------------
DUKE ENERGY COM 264399106 4,596,600 82,200 x 82,200
- ------------------------------------------------------------------------------------------------------------------------------------
E-LOAN INC COM 26861P107 185,000 5,000 x 5,000
- ------------------------------------------------------------------------------------------------------------------------------------
EMC CORP COM 268648102 1,885,625 35,000 x 35,000
- ------------------------------------------------------------------------------------------------------------------------------------
ESAT TELECOM GROUP-ADR ADR 26883Y102 117,410 2,676 x 2,676
- ------------------------------------------------------------------------------------------------------------------------------------
EASCO INC COM 27033E103 246,875 25,000 x 25,000
- ------------------------------------------------------------------------------------------------------------------------------------
EASTMAN CHEMICAL CO. COM 277432100 193,788 3,700 x 3,700
- ------------------------------------------------------------------------------------------------------------------------------------
EASTMAN KODAK CO COM 277461109 390,239 5,620 x 5,620
- ------------------------------------------------------------------------------------------------------------------------------------
EBAY INC COM 278642103 206,903 1,470 x 1,470
- ------------------------------------------------------------------------------------------------------------------------------------
EDUTREK INTERNATIONAL-A COM 28164K108 20,475 4,200 x 4,200
- ------------------------------------------------------------------------------------------------------------------------------------
ELECTRONIC ARTS COM 285512109 147,614 2,690 x 2,690
- ------------------------------------------------------------------------------------------------------------------------------------
ELECTRONICS DATA SYSTEMS COM 285661104 305,775 5,400 x 5,400
- ------------------------------------------------------------------------------------------------------------------------------------
ELECTRONICS FOR IMAGING COM 286082102 104,025 1,900 x 1,900
- ------------------------------------------------------------------------------------------------------------------------------------
EMBRATEL PARTICIPACOES
S.A-ADR SPONSORED ADR 29081N100 127,063 9,500 x 9,500
- ------------------------------------------------------------------------------------------------------------------------------------
EMBOTELLADORA ANDINA
S.A-ADR B SONS ADR B 29081P303 29,125 2,000 x 2,000
- ------------------------------------------------------------------------------------------------------------------------------------
EMERSON ELEC COM 291011104 6,790,625 106,000 x 106,000
- ------------------------------------------------------------------------------------------------------------------------------------
ENERSIS S.A.(ADR) SPONSORED ADR 29274F104 128,250 6,000 x 6,000
- ------------------------------------------------------------------------------------------------------------------------------------
ENRON CORP COM 293561106 7,428,656 91,500 x 91,500
- ------------------------------------------------------------------------------------------------------------------------------------
ENRON OIL & GAS COM 293562104 228,119 11,300 x 11,300
- ------------------------------------------------------------------------------------------------------------------------------------
ENTERPRISE CAPITAL TRUST COM 293701207 841,500 36,000 x 36,000
- ------------------------------------------------------------------------------------------------------------------------------------
ERICSSON (LM) TEL-ADR ADR CL B SEK10 294821400 369,769 11,100 x 11,100
- ------------------------------------------------------------------------------------------------------------------------------------
EXXON CORP COM 302290101 9,871,959 128,192 x 128,192
- ------------------------------------------------------------------------------------------------------------------------------------
FARMERS GROUP CAPITAL COM 309593200 1,151,069 45,700 x 45,700
- ------------------------------------------------------------------------------------------------------------------------------------
Page Total 72,550,014
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 8 of 20
<TABLE>
<CAPTION>
FORM 13F INFORMATION TABLE
SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- -------- ------- ------ ----
<S> <C> <C> <C> <C> <C> <C>
FASTENAL CO COM 311900104 63,375 1,200 x 1,200
- ------------------------------------------------------------------------------------------------------------------------------------
FDX CORP COM 31304N107 379,750 7,000 x 7,000
- ------------------------------------------------------------------------------------------------------------------------------------
FREDDIE MAC COM 313400301 975,676 17,061 x 17,061
- ------------------------------------------------------------------------------------------------------------------------------------
FANNIE MAE COM 313586109 11,450,363 174,150 x 174,150
- ------------------------------------------------------------------------------------------------------------------------------------
FIFTH THIRD BANCORP COM 316773100 461,563 7,000 x 7,000
- ------------------------------------------------------------------------------------------------------------------------------------
FILA HLDGS-ADR SPONSORED ADR 316850106 162,688 13,700 x 13,700
- ------------------------------------------------------------------------------------------------------------------------------------
FIRST HEALTH GROUP COM 320960107 30,240 1,440 x 1,440
- ------------------------------------------------------------------------------------------------------------------------------------
FIRST UNION CORP COM 337358105 13,937,131 298,100 x 298,100
- ------------------------------------------------------------------------------------------------------------------------------------
FIRSTSERVICE CORP-VTG SUB VTG SH 33761N109 72,900 4,800 x 4,800
- ------------------------------------------------------------------------------------------------------------------------------------
FISERV INC COM 337738108 235,041 6,850 x 6,850
- ------------------------------------------------------------------------------------------------------------------------------------
FLOWERS INDUSTRIES INC COM 343496105 8,360,000 380,000 x 380,000
- ------------------------------------------------------------------------------------------------------------------------------------
FOOD LION INC CL-B CL B 344775101 106,313 9,000 x 9,000
- ------------------------------------------------------------------------------------------------------------------------------------
FORD MOTOR COMPANY COM 345370100 5,854,724 109,179 x 109,179
- ------------------------------------------------------------------------------------------------------------------------------------
FORRESTER RESEARCH INC COM 346563109 7,613 300 x 300
- ------------------------------------------------------------------------------------------------------------------------------------
FOX ENTERTAINMENT GRP INC-A CL A 35138T107 1,313,000 50,500 x 50,500
- ------------------------------------------------------------------------------------------------------------------------------------
FREEPORT-MCMORAN COPPER B CL B 35671D857 323,738 19,400 x 19,400
- ------------------------------------------------------------------------------------------------------------------------------------
FRITZ COMPANIES INC COM 358846103 175,088 16,100 x 16,100
- ------------------------------------------------------------------------------------------------------------------------------------
GTE DELAWARE LP COM 36232E202 564,200 22,400 x 22,400
- ------------------------------------------------------------------------------------------------------------------------------------
GTS DURATEK INC COM 36237J107 205,313 36,500 x 36,500
- ------------------------------------------------------------------------------------------------------------------------------------
GALILEO INTERNATIONAL INC COM 363547100 61,352 1,170 x 1,170
- ------------------------------------------------------------------------------------------------------------------------------------
GANNETT INC COM 364730101 319,913 4,405 x 4,405
- ------------------------------------------------------------------------------------------------------------------------------------
GAP INC COM 364760108 5,857,605 119,880 x 119,880
- ------------------------------------------------------------------------------------------------------------------------------------
GENER S.A.-SPONS ADR SPONSORED ADR 368731105 122,500 7,000 x 7,000
- ------------------------------------------------------------------------------------------------------------------------------------
GENERAL ELEC CO COM 369604103 38,960,514 349,204 x 349,204
- ------------------------------------------------------------------------------------------------------------------------------------
GENERAL MTRS CORP COM 370442105 9,095,645 137,993 x 137,993
- ------------------------------------------------------------------------------------------------------------------------------------
GENERAL MOTORS CLASS H CL H 370442832 213,988 3,800 x 3,800
- ------------------------------------------------------------------------------------------------------------------------------------
GENERAL SEMICONDUCTOR COM 370787103 38,969 4,300 x 4,300
- ------------------------------------------------------------------------------------------------------------------------------------
Page Total 99,350,202
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 9 of 20
<TABLE>
<CAPTION>
FORM 13F INFORMATION TABLE
SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- -------- ------- ------ ----
<S> <C> <C> <C> <C> <C> <C>
GENSET-SP ADR SPONSORED ADR 37244T104 52,139 3,148 x 3,148
- ------------------------------------------------------------------------------------------------------------------------------------
GENZYME CORP-GENERAL DIVISION COM GENL DIV 372917104 226,550 4,600 x 4,600
- ------------------------------------------------------------------------------------------------------------------------------------
GENZYME SURGICAL PRODUCTS COM 372917609 3,270 805 x 805
- ------------------------------------------------------------------------------------------------------------------------------------
GEORGIA PAC CORP COM 373298108 765,704 15,902 x 15,902
- ------------------------------------------------------------------------------------------------------------------------------------
GEORGIA PACIFIC-TIMBER GROUP COM 373298702 47,085 1,851 x 1,851
- ------------------------------------------------------------------------------------------------------------------------------------
GILEAD SCIENCES INC COM 375558103 373,825 7,600 x 7,600
- ------------------------------------------------------------------------------------------------------------------------------------
GILLET CO. COM 375766102 1,265,119 30,900 x 30,900
- ------------------------------------------------------------------------------------------------------------------------------------
GOLDMAN SACHS GROUP COM 38141G104 6,958,950 102,800 x 102,800
- ------------------------------------------------------------------------------------------------------------------------------------
GOODYEAR TIRE & RUBR COM 382550101 382,791 6,650 x 6,650
- ------------------------------------------------------------------------------------------------------------------------------------
GRUPO IMSA SA(ADR) SPONSORED ADR 40048T106 85,000 5,000 x 5,000
- ------------------------------------------------------------------------------------------------------------------------------------
GRUPO TELEVISA S.A. SPONSORED ADR 40049J206 1,135,831 26,300 x 26,300
- ------------------------------------------------------------------------------------------------------------------------------------
HA-LO INDUSTRIES COM 404429102 112,294 11,300 x 11,300
- ------------------------------------------------------------------------------------------------------------------------------------
HALLIBURTON CO COM 406216101 590,050 13,200 x 13,200
- ------------------------------------------------------------------------------------------------------------------------------------
HANGER ORTHOPEDIC GROUP INC COM 41043F208 39,875 2,900 x 2,900
- ------------------------------------------------------------------------------------------------------------------------------------
HEALTHEON CORPORATION COM 422209106 635,906 8,500 x 8,500
- ------------------------------------------------------------------------------------------------------------------------------------
HEINZ HJ CO. COM 423074103 6,246,813 127,000 x 127,000
- ------------------------------------------------------------------------------------------------------------------------------------
HEWLETT PACKARD CO COM 428236103 1,679,325 17,070 x 17,070
- ------------------------------------------------------------------------------------------------------------------------------------
HOME DEPOT COM 437076102 20,577,106 319,850 x 319,850
- ------------------------------------------------------------------------------------------------------------------------------------
HONEYWELL INC COM 438506107 815,938 7,000 x 7,000
- ------------------------------------------------------------------------------------------------------------------------------------
HOUSEHOLD CAPITAL TRUST 1 COM 44180E208 775,000 31,000 x 31,000
- ------------------------------------------------------------------------------------------------------------------------------------
HOUSEHOLD CAPITAL 8.70 (TR)
6/30/36 PREFERRED 44180H102 346,781 13,700 x 13,700
- ------------------------------------------------------------------------------------------------------------------------------------
HUANENG POWER INTERNATIONAL COM 443304100 2,040,000 120,000 x 120,000
- ------------------------------------------------------------------------------------------------------------------------------------
HUMANA INC. COM 444859102 94,863 7,368 x 7,368
- ------------------------------------------------------------------------------------------------------------------------------------
IBP INC COM 449223106 302,280 12,595 x 12,595
- ------------------------------------------------------------------------------------------------------------------------------------
IMC GLOBAL INC COM 449669100 92,300 5,200 x 5,200
- ------------------------------------------------------------------------------------------------------------------------------------
ITT EDUCATIONAL SERVICES INC COM 45068B109 77,000 2,800 x 2,800
- ------------------------------------------------------------------------------------------------------------------------------------
IMMUNEX CORP-NEW COM 452528102 2,205,450 16,900 x 16,900
- ------------------------------------------------------------------------------------------------------------------------------------
Page Total 47,927,245
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 10 of 20
<TABLE>
<CAPTION>
FORM 13F INFORMATION TABLE
SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- -------- ------- ------ ----
<S> <C> <C> <C> <C> <C> <C>
INDUS INTERNATIONAL INC COM 45578L100 23,125 5,000 x 5,000
- ------------------------------------------------------------------------------------------------------------------------------------
INFOSYS TECHNOLOGIES SP-ADR SPONSORED ADR 456788108 1,947,188 33,500 x 33,500
- ------------------------------------------------------------------------------------------------------------------------------------
INKTOMI CORP COM 457277101 119,125 1,000 x 1,000
- ------------------------------------------------------------------------------------------------------------------------------------
INSO CORPORATION COM 457674109 16,913 3,300 x 3,300
- ------------------------------------------------------------------------------------------------------------------------------------
INSIGNIA FINANCIAL GROUP INC COM 45767A105 33,138 3,233 x 3,233
- ------------------------------------------------------------------------------------------------------------------------------------
INTEGRATED ELECTRICAL
SERVICES COM 45811E103 43,031 2,700 x 2,700
- ------------------------------------------------------------------------------------------------------------------------------------
INTEL CORP COM 458140100 20,961,040 352,550 x 352,550
- ------------------------------------------------------------------------------------------------------------------------------------
INTERNATIONAL BUSINESS
MACHINES COM 459200101 23,892,044 185,302 x 185,302
- ------------------------------------------------------------------------------------------------------------------------------------
INTERNATIONAL FLAVORS &
FRAGRANCE COM 459506101 233,531 5,300 x 5,300
- ------------------------------------------------------------------------------------------------------------------------------------
IP(INTERNATIONAL PAPER CO) COM 460146103 5,891,776 112,400 x 112,400
- ------------------------------------------------------------------------------------------------------------------------------------
INTUIT INC COM 461202103 312,813 3,500 x 3,500
- ------------------------------------------------------------------------------------------------------------------------------------
IONICS INC COM 462218108 324,000 9,000 x 9,000
- ------------------------------------------------------------------------------------------------------------------------------------
I2 TECHNOLOGIES COM 465754109 219,656 5,500 x 5,500
- ------------------------------------------------------------------------------------------------------------------------------------
IVEX PACKAGING CORP COM 465855104 84,250 4,000 x 4,000
- ------------------------------------------------------------------------------------------------------------------------------------
JEFFERSON-PILOT CORP COM 475070108 4,184,375 65,000 x 65,000
- ------------------------------------------------------------------------------------------------------------------------------------
JOHNSON & JOHNSON COM 478160104 1,254,060 13,290 x 13,290
- ------------------------------------------------------------------------------------------------------------------------------------
JUNIPER NETWORKS INC COM 48203R104 473,550 4,100 x 4,100
- ------------------------------------------------------------------------------------------------------------------------------------
KLA TENCOR CORP COM 482480100 287,464 4,660 x 4,660
- ------------------------------------------------------------------------------------------------------------------------------------
K MART COM 482584109 156,750 9,500 x 9,500
- ------------------------------------------------------------------------------------------------------------------------------------
KAMAN CORP-CL A CL A 483548103 155,306 9,900 x 9,900
- ------------------------------------------------------------------------------------------------------------------------------------
KERR-MCGEE CORP COM 492386107 315,217 6,360 x 6,360
- ------------------------------------------------------------------------------------------------------------------------------------
KEYSTONE AUTOMOTIVE INDS INC COM 49338N109 87,450 5,300 x 5,300
- ------------------------------------------------------------------------------------------------------------------------------------
KIMBERLY CLARK CORP COM 494368103 6,172,530 108,290 x 108,290
- ------------------------------------------------------------------------------------------------------------------------------------
KONINKLIJKE AHOLD NV(ADR) SPONSORED ADR 500467303 640,020 18,319 x 18,319
- ------------------------------------------------------------------------------------------------------------------------------------
KOREA TELECOM CORP-SP ADR SPONSORED ADR 50063P103 3,546,706 96,509 x 96,509
- ------------------------------------------------------------------------------------------------------------------------------------
LEVEL 3 COMMUNICATIONS INC COM 52729N100 716,300 10,400 x 10,400
- ------------------------------------------------------------------------------------------------------------------------------------
LILLY(ELI) COM 532457108 537,188 7,500 x 7,500
- ------------------------------------------------------------------------------------------------------------------------------------
Page Total 72,628,546
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 11 of 20
<TABLE>
<CAPTION>
FORM 13F INFORMATION TABLE
SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- -------- ------- ------ ----
<S> <C> <C> <C> <C> <C> <C>
LINCARE HOLDINGS INC COM 532791100 58,575 2,200 x 2,200
- ------------------------------------------------------------------------------------------------------------------------------------
LINEAR TECHNOLOGY CORP COM 535678106 589,119 9,020 x 9,020
- ------------------------------------------------------------------------------------------------------------------------------------
LOUISIANA PAC CORP COM 546347105 155,925 6,600 x 6,600
- ------------------------------------------------------------------------------------------------------------------------------------
LOWE'S COMPANIES COM 548661107 158,725 2,800 x 2,800
- ------------------------------------------------------------------------------------------------------------------------------------
LUCENT TECHNOLOGIES COM 549463107 9,156,574 137,110 x 137,110
- ------------------------------------------------------------------------------------------------------------------------------------
LYCOS INC COM 550818108 227,850 2,400 x 2,400
- ------------------------------------------------------------------------------------------------------------------------------------
MBNA CORP COM 55262L100 5,517,094 180,150 x 180,150
- ------------------------------------------------------------------------------------------------------------------------------------
MCI CAPITAL 8.0% 6/30/26
SERIES A PREFERRED 55267Y206 1,091,750 43,670 x 43,670
- ------------------------------------------------------------------------------------------------------------------------------------
MCI WORLDCOM INC COM 55268B106 23,374,872 262,197 x 262,197
- ------------------------------------------------------------------------------------------------------------------------------------
MMI COMPANIES INC COM 553087107 34,939 2,339 x 2,339
- ------------------------------------------------------------------------------------------------------------------------------------
MADECO S.A.(ADR) SPONSORED ADR 556304103 148,219 15,300 x 15,300
- ------------------------------------------------------------------------------------------------------------------------------------
MANPOWER INC COM 56418H100 11,375,850 502,800 x 502,800
- ------------------------------------------------------------------------------------------------------------------------------------
MARIMBA COM 56781Q109 206,250 5,000 x 5,000
- ------------------------------------------------------------------------------------------------------------------------------------
MARSH & MCLEMANN COM 571748102 6,235,000 80,000 x 80,000
- ------------------------------------------------------------------------------------------------------------------------------------
MARTIN MARIETTA MATLS INC COM 573284106 593,738 10,182 x 10,182
- ------------------------------------------------------------------------------------------------------------------------------------
MATTEL INC COM 577081102 7,247,075 277,400 x 277,400
- ------------------------------------------------------------------------------------------------------------------------------------
MAXIM INTEGRATED PRODUCTS COM 57772K101 539,500 8,300 x 8,300
- ------------------------------------------------------------------------------------------------------------------------------------
MCDERMOTT INTL INC COM 580037109 55,625 2,000 x 2,000
- ------------------------------------------------------------------------------------------------------------------------------------
MCDONALD'S CORP COM 580135101 12,814,195 310,332 x 310,332
- ------------------------------------------------------------------------------------------------------------------------------------
MCGRAW-HILL COMPANIE COM 580645109 7,648,750 145,000 x 145,000
- ------------------------------------------------------------------------------------------------------------------------------------
MCLEODUSA INC-CL A COM 582266102 138,713 2,700 x 2,700
- ------------------------------------------------------------------------------------------------------------------------------------
MEAD CORP COM 582834107 352,275 8,400 x 8,400
- ------------------------------------------------------------------------------------------------------------------------------------
MEMBERWORKS INC COM 586002107 85,500 3,000 x 3,000
- ------------------------------------------------------------------------------------------------------------------------------------
MERCK & CO INC COM 589331107 25,264,770 346,280 x 346,280
- ------------------------------------------------------------------------------------------------------------------------------------
METAMOR WORLDWIDE INC COM 59133P100 96,213 4,300 x 4,300
- ------------------------------------------------------------------------------------------------------------------------------------
METRIS COMPANIES INC COM 591598107 65,925 1,800 x 1,800
- ------------------------------------------------------------------------------------------------------------------------------------
MICROSOFT CORP COM 594918104 47,062,216 527,870 x 527,870
- ------------------------------------------------------------------------------------------------------------------------------------
Page Total 160,295,237
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 12 of 20
<TABLE>
<CAPTION>
FORM 13F INFORMATION TABLE
SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- -------- ------- ------ ----
<S> <C> <C> <C> <C> <C> <C>
MICROCHIP TECHNOLOGY COM 595017104 293,563 6,100 x 6,100
- ------------------------------------------------------------------------------------------------------------------------------------
MICRON ELECTRONICS COM 595100108 34,800 3,480 x 3,480
- ------------------------------------------------------------------------------------------------------------------------------------
MIDAMERICAN ENERGY HLDGS COM 59562V107 624,531 17,500 x 17,500
- ------------------------------------------------------------------------------------------------------------------------------------
MILLER (HERMAN) INC COM 600544100 60,025 2,800 x 2,800
- ------------------------------------------------------------------------------------------------------------------------------------
MILLIPORE CORP COM 601073109 451,375 11,500 x 11,500
- ------------------------------------------------------------------------------------------------------------------------------------
MINNESOTA MNG & MFG CO COM 604059105 1,735,785 19,950 x 19,950
- ------------------------------------------------------------------------------------------------------------------------------------
MOBIL CORP COM 607059102 9,377,063 94,770 x 94,770
- ------------------------------------------------------------------------------------------------------------------------------------
MODIS PROFESSIONAL SERVICES COM 607830106 85,838 6,300 x 6,300
- ------------------------------------------------------------------------------------------------------------------------------------
MOLEX INC. COM 608554101 113,988 3,316 x 3,316
- ------------------------------------------------------------------------------------------------------------------------------------
MONSANTO CO COM 611662107 6,266,125 158,500 x 158,500
- ------------------------------------------------------------------------------------------------------------------------------------
MORGAN J P & CO INC COM 616880100 363,810 2,680 x 2,680
- ------------------------------------------------------------------------------------------------------------------------------------
MORGAN STANLEY INDIA INVT
FUND COM 61745C105 3,395,300 357,400 x 357,400
- ------------------------------------------------------------------------------------------------------------------------------------
MOTOROLA INC COM 620076109 2,916,900 30,900 x 30,900
- ------------------------------------------------------------------------------------------------------------------------------------
MURPHY OIL CORP COM 626717102 151,125 3,100 x 3,100
- ------------------------------------------------------------------------------------------------------------------------------------
MUTUAL RISK MANEGEMENT COM 628351108 635,313 19,000 x 19,000
- ------------------------------------------------------------------------------------------------------------------------------------
NTL INCORPORATED COM 629407107 310,250 3,400 x 3,400
- ------------------------------------------------------------------------------------------------------------------------------------
NATIONAL INSTRUMENTS CORP COM 636518102 135,681 3,400 x 3,400
- ------------------------------------------------------------------------------------------------------------------------------------
NATIONALRURALUTILITY
8%12/31/45 SERIES A PREFERRED 637432204 1,954,108 78,755 x 78,755
- ------------------------------------------------------------------------------------------------------------------------------------
NATL WESTMINSTER BANK COM 638539809 768,219 30,500 x 30,500
- ------------------------------------------------------------------------------------------------------------------------------------
NETWORKS ASSOCIATES INC COM 640938106 93,713 6,300 x 6,300
- ------------------------------------------------------------------------------------------------------------------------------------
NEW GERMANY FUND COM 644465106 268,125 22,000 x 22,000
- ------------------------------------------------------------------------------------------------------------------------------------
NEWELL RUBBERMAID INC COM 651229106 4,961,840 108,160 x 108,160
- ------------------------------------------------------------------------------------------------------------------------------------
NIKE INC CL B CL B 654106103 141,326 2,230 x 2,230
- ------------------------------------------------------------------------------------------------------------------------------------
NEWMONT MINING COM 651639106 263,600 13,783 x 13,783
- ------------------------------------------------------------------------------------------------------------------------------------
NEWPARK RESOURCES INC COM PAR $0.1 NEW 651718504 195,344 23,500 x 23,500
- ------------------------------------------------------------------------------------------------------------------------------------
NEXTEL COMMUNICATIONS-A CL A 65332V103 810,920 16,720 x 16,720
- ------------------------------------------------------------------------------------------------------------------------------------
NOBLE DRILLING CORP COM 655042109 356,025 18,800 x 18,800
- ------------------------------------------------------------------------------------------------------------------------------------
Page Total 36,764,692
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 13 of 20
<TABLE>
<CAPTION>
FORM 13F INFORMATION TABLE
SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- -------- ------- ------ ----
<S> <C> <C> <C> <C> <C> <C>
NORTHERN TELECOM LTD COM 665815106 332,725 3,883 x 3,883
- ------------------------------------------------------------------------------------------------------------------------------------
NORTHERN TRUST CORP COM 665859104 485,313 5,000 x 5,000
- ------------------------------------------------------------------------------------------------------------------------------------
NORTHPOINT COMMUNICATIONS COM 666610100 603,750 17,500 x 17,500
- ------------------------------------------------------------------------------------------------------------------------------------
NORTHWEST AIRLINES CORP CL'A CL A 667280101 100,650 3,050 x 3,050
- ------------------------------------------------------------------------------------------------------------------------------------
NOVA CORP-GEORGIA COM 669784100 128,372 5,059 x 5,059
- ------------------------------------------------------------------------------------------------------------------------------------
NOVELL INC COM 670006105 477,360 17,680 x 17,680
- ------------------------------------------------------------------------------------------------------------------------------------
NOVELLUS SYSTEMS INC COM 670008101 79,200 1,200 x 1,200
- ------------------------------------------------------------------------------------------------------------------------------------
NUCOR CORP COM 670346105 237,188 5,000 x 5,000
- ------------------------------------------------------------------------------------------------------------------------------------
OM GROUP INC COM 670872100 140,400 3,900 x 3,900
- ------------------------------------------------------------------------------------------------------------------------------------
OAK INDUSTRIES INC COM NEW 671400505 35,500 800 x 800
- ------------------------------------------------------------------------------------------------------------------------------------
OCCIDENTAL PETE CORP COM 674599105 144,375 7,000 x 7,000
- ------------------------------------------------------------------------------------------------------------------------------------
OHIO POWER COMPANY 8.16%
9/30/25 A PREFERRED 677415788 1,547,225 62,200 x 62,200
- ------------------------------------------------------------------------------------------------------------------------------------
OMNICARE INC COM 681904108 18,113 1,400 x 1,400
- ------------------------------------------------------------------------------------------------------------------------------------
OMNICOM GROUP COM 681919106 911,375 11,500 x 11,500
- ------------------------------------------------------------------------------------------------------------------------------------
VIMPEL COMMUNICATION SPONSORED ADR 68370R109 393,125 17,000 x 17,000
- ------------------------------------------------------------------------------------------------------------------------------------
ORACLE CORPORATION COM 68389X105 17,172,058 462,547 x 462,547
- ------------------------------------------------------------------------------------------------------------------------------------
OWENS-ILLINOIS INC COM NEW 690768403 254,475 7,800 x 7,800
- ------------------------------------------------------------------------------------------------------------------------------------
PG&E CAPITAL COM 69331F200 1,679,425 68,200 x 68,200
- ------------------------------------------------------------------------------------------------------------------------------------
PMC-SIERRA INC COM 69344F106 96,100 1,600 x 1,600
- ------------------------------------------------------------------------------------------------------------------------------------
PPG INDUSTRIES COM 693506107 498,663 8,200 x 8,200
- ------------------------------------------------------------------------------------------------------------------------------------
PRI AUTOMATION COM 69357H106 409,500 12,000 x 12,000
- ------------------------------------------------------------------------------------------------------------------------------------
PSS WORLD MEDICAL INC COM 69366A100 136,563 11,500 x 11,500
- ------------------------------------------------------------------------------------------------------------------------------------
PACCAR COM 693718108 210,248 3,880 x 3,880
- ------------------------------------------------------------------------------------------------------------------------------------
PACIFICARE HEALTH SYSTEMS CL A 695112102 137,240 1,880 x 1,880
- ------------------------------------------------------------------------------------------------------------------------------------
PALL CORP COM 696429307 321,563 15,000 x 15,000
- ------------------------------------------------------------------------------------------------------------------------------------
PANAMSAT CORP COM 697933109 328,744 8,900 x 8,900
- ------------------------------------------------------------------------------------------------------------------------------------
PARAMETRIC TECHNOLOGY INC COM 699173100 227,360 16,240 x 16,240
- ------------------------------------------------------------------------------------------------------------------------------------
Page Total 27,106,610
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 14 of 20
<TABLE>
<CAPTION>
FORM 13F INFORMATION TABLE
SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- -------- ------- ------ ----
<S> <C> <C> <C> <C> <C> <C>
PAYCHEX INC COM 704326107 326,054 10,310 x 10,310
- ------------------------------------------------------------------------------------------------------------------------------------
PENNEY J C INC COM 708160106 5,053,125 105,000 x 105,000
- ------------------------------------------------------------------------------------------------------------------------------------
PEOPLESOFT INC COM 712713106 254,320 14,960 x 14,960
- ------------------------------------------------------------------------------------------------------------------------------------
PERSONNEL GROUP OF AMERICA COM 715338109 64,575 6,300 x 6,300
- ------------------------------------------------------------------------------------------------------------------------------------
PT INDONESIA SATELLITE-ADR SPONSORED ADR 715680104 96,775 4,900 x 4,900
- ------------------------------------------------------------------------------------------------------------------------------------
PHARMACIA & UPJOHN COM 716941109 6,950,720 124,120 x 124,120
- ------------------------------------------------------------------------------------------------------------------------------------
PFIZER INC COM 717081103 9,275,156 87,150 x 87,150
- ------------------------------------------------------------------------------------------------------------------------------------
PHELPS DODGE COM 717265102 696,150 11,600 x 11,600
- ------------------------------------------------------------------------------------------------------------------------------------
PHILIP MORRIS COS INC COM 718154107 31,419,512 781,823 x 781,823
- ------------------------------------------------------------------------------------------------------------------------------------
PHILIPS PETROLEUM COM 718507106 16,336,469 324,700 x 324,700
- ------------------------------------------------------------------------------------------------------------------------------------
PIER 1 IMPORTS INC COM 720279108 50,700 4,800 x 4,800
- ------------------------------------------------------------------------------------------------------------------------------------
PITNEY BOWES INC. COM 724479100 7,154,000 112,000 x 112,000
- ------------------------------------------------------------------------------------------------------------------------------------
POGO PRODUCING COM 730448107 5,513 300 x 300
- ------------------------------------------------------------------------------------------------------------------------------------
POHANG IRON & STEEL SPONSORED ADR 730450103 4,049,500 124,600 x 124,600
- ------------------------------------------------------------------------------------------------------------------------------------
POTASH CORP OF SASKATCHEWAN COM 73755L107 262,331 5,100 x 5,100
- ------------------------------------------------------------------------------------------------------------------------------------
PREPAID LEGAL SERVICES INC COM 740065107 77,031 2,900 x 2,900
- ------------------------------------------------------------------------------------------------------------------------------------
PREMIER PARKS INC COM NEW 740540208 215,788 6,100 x 6,100
- ------------------------------------------------------------------------------------------------------------------------------------
PRICELINE.COM INC COM 741503106 645,000 6,000 x 6,000
- ------------------------------------------------------------------------------------------------------------------------------------
PRIMARK CORP COM 741903108 125,438 4,500 x 4,500
- ------------------------------------------------------------------------------------------------------------------------------------
PRISON REALTY TRUST INC COM 74264N105 76,038 7,900 x 7,900
- ------------------------------------------------------------------------------------------------------------------------------------
PROCTER & GAMBLE CO COM 742718109 2,301,583 26,020 x 26,020
- ------------------------------------------------------------------------------------------------------------------------------------
PROFESSIONAL DETAILING INC COM 74312N107 50,050 2,200 x 2,200
- ------------------------------------------------------------------------------------------------------------------------------------
PROVANT INC COM 743724106 43,500 3,000 x 3,000
- ------------------------------------------------------------------------------------------------------------------------------------
PROVINCE HEALTHCARE COM 743977100 80,438 4,500 x 4,500
- ------------------------------------------------------------------------------------------------------------------------------------
QUALCOMM INC COM 747525103 1,101,480 8,040 x 8,040
- ------------------------------------------------------------------------------------------------------------------------------------
QUANTUM CORP COM 747906105 218,050 8,900 x 8,900
- ------------------------------------------------------------------------------------------------------------------------------------
QUILMES INDUSTRIAL QUINS-ADR SPN ADR NV PFD 74838Y108 24,250 2,000 x 2,000
- ------------------------------------------------------------------------------------------------------------------------------------
Page Total 86,953,546
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 15 of 20
<TABLE>
<CAPTION>
FORM 13F INFORMATION TABLE
SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- -------- ------- ------ ----
<S> <C> <C> <C> <C> <C> <C>
QUINTILES TRANSNATIONAL CORP COM 748767100 268,238 6,900 x 6,900
- ------------------------------------------------------------------------------------------------------------------------------------
QWEST COMMUNICATIONS
INTERNATIONAL INC COM 749121109 5,679,631 172,700 x 172,700
- ------------------------------------------------------------------------------------------------------------------------------------
RADIAN GROUP INC COM 750236101 1,475,231 30,300 x 30,300
- ------------------------------------------------------------------------------------------------------------------------------------
RALSTON PURINA GROUP COM 751277302 1,716,675 56,400 x 56,400
- ------------------------------------------------------------------------------------------------------------------------------------
RAYTHEON CO-CLASS A CL A 755111309 904,509 13,220 x 13,220
- ------------------------------------------------------------------------------------------------------------------------------------
REDBACK NETWORKS COM 757209101 114,000 1,000 x 1,000
- ------------------------------------------------------------------------------------------------------------------------------------
RELIASTAR FINANCIAL CORP CALL 75952U103 1,122,357 25,988 x 25,988
- ------------------------------------------------------------------------------------------------------------------------------------
RENEX CORP COM 759683105 18,375 3,500 x 3,500
- ------------------------------------------------------------------------------------------------------------------------------------
RENAL CARE GROUP INC COM 759930100 37,125 1,500 x 1,500
- ------------------------------------------------------------------------------------------------------------------------------------
REPUBLIC SERVICES INC-CL A COM 760759100 587,438 24,100 x 24,100
- ------------------------------------------------------------------------------------------------------------------------------------
RESORTQUEST INTL INC COM 761183102 21,350 2,800 x 2,800
- ------------------------------------------------------------------------------------------------------------------------------------
REUTERS GROUP PLC (ADR) SPONS ADR 76132M102 88,745 1,066 x 1,066
- ------------------------------------------------------------------------------------------------------------------------------------
REXALL SUNDOWN COM 761648104 22,088 1,900 x 1,900
- ------------------------------------------------------------------------------------------------------------------------------------
REYNOLDS METALS CO COM 761763101 499,906 8,500 x 8,500
- ------------------------------------------------------------------------------------------------------------------------------------
RHYTHMS NETCONNECTIONS INC COM 762430205 175,875 3,500 x 3,500
- ------------------------------------------------------------------------------------------------------------------------------------
ROSS STORES INC COM 778296103 79,800 1,600 x 1,600
- ------------------------------------------------------------------------------------------------------------------------------------
ROYAL DUTCH PETRO NY REG GLD 1.25 780257804 1,027,912 17,294 x 17,294
- ------------------------------------------------------------------------------------------------------------------------------------
SBC COMMUNICATIONS COM 78387G103 6,426,400 110,800 x 110,800
- ------------------------------------------------------------------------------------------------------------------------------------
SK TELECOM CO LTD-ADR SPONSORED ADR 78440P108 1,562,500 100,000 x 100,000
- ------------------------------------------------------------------------------------------------------------------------------------
SLM HOLDING CORP COM 78442A109 865,856 18,900 x 18,900
- ------------------------------------------------------------------------------------------------------------------------------------
SANMINA CORP COM 800907107 315,500 4,000 x 4,000
- ------------------------------------------------------------------------------------------------------------------------------------
SANTA FE SNYDER CO COM 80218K105 55,631 6,900 x 6,900
- ------------------------------------------------------------------------------------------------------------------------------------
SARA LEE CO COM 803111103 3,450,000 150,000 x 150,000
- ------------------------------------------------------------------------------------------------------------------------------------
SCHEIN PHARMACEUTICAL INC COM 806416103 19,300 1,600 x 1,600
- ------------------------------------------------------------------------------------------------------------------------------------
SCHERING PLOUGH CORP COM 806605101 3,780,375 74,600 x 74,600
- ------------------------------------------------------------------------------------------------------------------------------------
SCHLUMBERGER LTD COM 806857108 14,375,282 226,100 x 226,100
- ------------------------------------------------------------------------------------------------------------------------------------
SCHWAB(CHARLES)CORP COM 808513105 751,875 7,500 x 7,500
- ------------------------------------------------------------------------------------------------------------------------------------
Page Total 45,441,974
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 16 of 20
<TABLE>
<CAPTION>
FORM 13F INFORMATION TABLE
SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- -------- ------- ------ ----
<S> <C> <C> <C> <C> <C> <C>
SEAGATE TECHNOLOGY COM 811804103 281,875 11,000 x 11,000
- ------------------------------------------------------------------------------------------------------------------------------------
SEARS ROEBUCK & CO COM 812387108 8,541,994 191,610 x 191,610
- ------------------------------------------------------------------------------------------------------------------------------------
SEPRACOR INC COM 817315104 313,000 4,000 x 4,000
- ------------------------------------------------------------------------------------------------------------------------------------
SERVICE CORP INT COM 817565104 19,250 1,000 x 1,000
- ------------------------------------------------------------------------------------------------------------------------------------
SHERWIN-WILLIAMS COM 824348106 4,800,750 173,000 x 173,000
- ------------------------------------------------------------------------------------------------------------------------------------
SIEBEL SYSTEMS INC COM 826170102 556,800 8,700 x 8,700
- ------------------------------------------------------------------------------------------------------------------------------------
SIERRA PACIFIC RESOURCES COM 826425100 828,879 22,709 x 22,709
- ------------------------------------------------------------------------------------------------------------------------------------
SIGMA ALDRICH CORP COM 826552101 159,506 4,700 x 4,700
- ------------------------------------------------------------------------------------------------------------------------------------
SMURFIT-STONE CONTAINER CORP COM 832727101 404,393 19,970 x 19,970
- ------------------------------------------------------------------------------------------------------------------------------------
SNYDER COMMUNICATIONS COM 832914105 33,000 1,100 x 1,100
- ------------------------------------------------------------------------------------------------------------------------------------
SOCIEDAD QUIMICA Y MINECA
CHILE-ADR SPNS ADR SER B 833635105 192,850 5,510 x 5,510
- ------------------------------------------------------------------------------------------------------------------------------------
QUIMICA MINERA CHI-A SPNS ADR SER A 833636103 4,858 145 x 145
- ------------------------------------------------------------------------------------------------------------------------------------
SOFTWARE.COM INC COM 83402P104 50,938 2,500 x 2,500
- ------------------------------------------------------------------------------------------------------------------------------------
SOLA INTERNATIONAL INC COM 834092108 13,700 800 x 800
- ------------------------------------------------------------------------------------------------------------------------------------
SOLUTIA INC COM 834376105 106,200 4,800 x 4,800
- ------------------------------------------------------------------------------------------------------------------------------------
SONAT INC COM 835415100 379,500 11,000 x 11,000
- ------------------------------------------------------------------------------------------------------------------------------------
SOUTHERN CO COM 842587107 17,399,900 656,600 x 656,600
- ------------------------------------------------------------------------------------------------------------------------------------
SOUTHERN PERU COPPER CORP COM 843611104 70,000 5,000 x 5,000
- ------------------------------------------------------------------------------------------------------------------------------------
SPRINT CORP(PCS GROUP) COM 852061506 781,983 13,719 x 13,719
- ------------------------------------------------------------------------------------------------------------------------------------
STAPLES INC COM 855030102 836,906 28,250 x 28,250
- ------------------------------------------------------------------------------------------------------------------------------------
STARBUCKS CORP COM 855244109 686,306 18,900 x 18,900
- ------------------------------------------------------------------------------------------------------------------------------------
STARMEDIA NETWORK COM 855546107 156,375 3,000 x 3,000
- ------------------------------------------------------------------------------------------------------------------------------------
STEEL DYNAMICS COM 858119100 495,000 33,000 x 33,000
- ------------------------------------------------------------------------------------------------------------------------------------
STET HELLAS TELECOMM SA-ADR SPONSORED ADR 859823106 433,200 19,200 x 19,200
- ------------------------------------------------------------------------------------------------------------------------------------
STEWART ENTERPRISES INC-CL A CL A 860370105 59,450 4,100 x 4,100
- ------------------------------------------------------------------------------------------------------------------------------------
STRUCTURAL DYNAMICS RESEARCH COM 863555108 85,500 4,500 x 4,500
- ------------------------------------------------------------------------------------------------------------------------------------
SUN MICROSYSTEMS INC. COM 866810104 1,227,923 18,340 x 18,340
- ------------------------------------------------------------------------------------------------------------------------------------
Page Total 38,920,036
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 17 of 20
<TABLE>
<CAPTION>
FORM 13F INFORMATION TABLE
SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- -------- ------- ------ ----
<S> <C> <C> <C> <C> <C> <C>
SUNGARD DATA SYSTEMS INC COM 867363103 74,938 2,200 x 2,200
- ------------------------------------------------------------------------------------------------------------------------------------
SUNOCO INC COM 86764P109 99,617 3,384 x 3,384
- ------------------------------------------------------------------------------------------------------------------------------------
SUPERIOR SERVICES COM 868316100 511,200 19,200 x 19,200
- ------------------------------------------------------------------------------------------------------------------------------------
SYNOPSYS INC COM 871607107 202,050 3,600 x 3,600
- ------------------------------------------------------------------------------------------------------------------------------------
TJX COMPANIES INC COM 872540109 3,907,556 117,300 x 117,300
- ------------------------------------------------------------------------------------------------------------------------------------
TECH DATA CORP COM 878237106 74,000 2,000 x 2,000
- ------------------------------------------------------------------------------------------------------------------------------------
TELE CELULAR SUL PARTICIPACOES
S.A.-ADR SPONSORED ADR 879238103 3,038 150 x 150
- ------------------------------------------------------------------------------------------------------------------------------------
TELE CENTRO SUL PARTICIPACOES
S.A.-ADR SPONSORED ADR 879239101 126,788 2,300 x 2,300
- ------------------------------------------------------------------------------------------------------------------------------------
TELE CENTRO OESTE CELULAR
PARTI S.A.-ADR SPONSORED ADR 87923P105 1,875 500 x 500
- ------------------------------------------------------------------------------------------------------------------------------------
TELE NORTE LESTE PARTICIPACOES
S.A.-ADR SPONSORED ADR 879246106 232,875 13,500 x 13,500
- ------------------------------------------------------------------------------------------------------------------------------------
TELE NORDESTE CELULAR
PARTICIPACOES-ADR SPONSORED ADR 87924W109 1,964 75 x 75
- ------------------------------------------------------------------------------------------------------------------------------------
TELE NORTE CELULAR
PARTICIPACOES S.A-ADR SPONSORED ADR 87924Y105 810 30 x 30
- ------------------------------------------------------------------------------------------------------------------------------------
TELE SUDESTE CELULAR
PARTICIPACOES-ADR SPONSORED ADR 879252104 8,269 300 x 300
- ------------------------------------------------------------------------------------------------------------------------------------
TELECOM ARGENTINA(ADR) SPNS ADR REP B 879273209 197,216 6,830 x 6,830
- ------------------------------------------------------------------------------------------------------------------------------------
TELEBRAS-SPONS ADR SPONSORED ADR 879287100 94 1,500 x 1,500
- ------------------------------------------------------------------------------------------------------------------------------------
TELEFONICA DE ARGENTINA-ADR SPNS ADR CL B 879378206 397,500 12,000 x 12,000
- ------------------------------------------------------------------------------------------------------------------------------------
TELEFONICA DE PERU (ADR) SPNS ADR CL B 879384105 113,525 7,600 x 7,600
- ------------------------------------------------------------------------------------------------------------------------------------
TELEFONOS DE MEXICO 'L' ADS SPNS ADR REP ORD 879403780 1,600,007 20,612 x 20,612
- ------------------------------------------------------------------------------------------------------------------------------------
TELE LESTE CELULAR
PARTICIPACOES-ADR SPONSORED ADR 87943B102 859 30 x 30
- ------------------------------------------------------------------------------------------------------------------------------------
TELEMING CELULAR PARTICIPACOES
S.A.-ADR SPONSORED ADR 87944E105 1,744 75 x 75
- ------------------------------------------------------------------------------------------------------------------------------------
TELESP PARTICIPACOES S.A.-ADR SPONSORED ADR 87952K100 774,094 34,500 x 34,500
- ------------------------------------------------------------------------------------------------------------------------------------
TELESP CELULAR PARTICIPACOES
S.A.-ADR SPONSORED ADR 87952L108 302,325 11,600 x 11,600
- ------------------------------------------------------------------------------------------------------------------------------------
TELLABS INC COM 879664100 20,450,511 302,180 x 302,180
- ------------------------------------------------------------------------------------------------------------------------------------
TEMPLE-INLAND INC COM 879868107 569,766 8,250 x 8,250
- ------------------------------------------------------------------------------------------------------------------------------------
TERADYNE INC COM 880770102 150,675 2,100 x 2,100
- ------------------------------------------------------------------------------------------------------------------------------------
TEVA PHARMACEUTICAL INDUSTRIES SPONSORED ADR 881624209 95,875 2,000 x 2,000
- ------------------------------------------------------------------------------------------------------------------------------------
TEXACO INC COM 881694103 238,388 3,900 x 3,900
- ------------------------------------------------------------------------------------------------------------------------------------
Page Total 30,137,559
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 18 of 20
<TABLE>
<CAPTION>
FORM 13F INFORMATION TABLE
SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- -------- ------- ------ ----
<S> <C> <C> <C> <C> <C> <C>
TEXAS INSTRS INC COM 882508104 10,726,463 75,100 x 75,100
- ------------------------------------------------------------------------------------------------------------------------------------
TEXAS UTILITIES CO HLDG COM 882848104 4,160,325 100,400 x 100,400
- ------------------------------------------------------------------------------------------------------------------------------------
TEXTRON CAPITAL 7.92% 3/31/45 PREFERRED 883198202 1,481,250 60,000 x 60,000
- ------------------------------------------------------------------------------------------------------------------------------------
THERMO ELECTRON COM 883556102 379,031 19,500 x 19,500
- ------------------------------------------------------------------------------------------------------------------------------------
3 COM CORP COM 885535104 480,113 17,700 x 17,700
- ------------------------------------------------------------------------------------------------------------------------------------
TIDEWATER INC COM 886423102 164,700 5,400 x 5,400
- ------------------------------------------------------------------------------------------------------------------------------------
TIME WANER INC. COM 887315109 1,632,800 23,400 x 23,400
- ------------------------------------------------------------------------------------------------------------------------------------
TORCHMARK CAP LLC 9.18%
SERIES A PREFERRED 891025207 1,889,063 75,000 x 75,000
- ------------------------------------------------------------------------------------------------------------------------------------
TORCHMARK CORP COM 891027104 191,733 5,660 x 5,660
- ------------------------------------------------------------------------------------------------------------------------------------
TORONTO-DOMINION BANK COM NEW 891160509 229,943 5,160 x 5,160
- ------------------------------------------------------------------------------------------------------------------------------------
TOTAL RENAL CARE HOLDINGS COM 89151A107 93,000 6,200 x 6,200
- ------------------------------------------------------------------------------------------------------------------------------------
TOTAL FINA SA-SPONS ADR SPONSORED ADR 89151E109 362,049 5,635 x 5,635
- ------------------------------------------------------------------------------------------------------------------------------------
TRANSACTION SYSTEM CL A 893416107 100,263 2,600 x 2,600
- ------------------------------------------------------------------------------------------------------------------------------------
TOYSRUS COM 892335100 289,625 14,000 x 14,000
- ------------------------------------------------------------------------------------------------------------------------------------
TRANSCANADA PIPELINES LTD COM 893526103 362,375 26,000 x 26,000
- ------------------------------------------------------------------------------------------------------------------------------------
TRANSCANADA PIPELINE 8.5%
9/30/45 C PREFERRED 893526756 1,435,219 56,700 x 56,700
- ------------------------------------------------------------------------------------------------------------------------------------
TRIANGLE PHARMACEUTICALS INC COM 89589H104 42,500 2,500 x 2,500
- ------------------------------------------------------------------------------------------------------------------------------------
TUBOSCOPE INC COM 898600101 211,950 15,700 x 15,700
- ------------------------------------------------------------------------------------------------------------------------------------
TYCO INTERNATIONAL LTD COM 902124106 23,991,477 254,715 x 254,715
- ------------------------------------------------------------------------------------------------------------------------------------
UCAR INTERNATIONAL COM 90262K109 120,600 4,800 x 4,800
- ------------------------------------------------------------------------------------------------------------------------------------
USX-MARATHON GROUP COM NEW 902905827 410,794 12,900 x 12,900
- ------------------------------------------------------------------------------------------------------------------------------------
US BANCORP COM 902973106 15,636,188 468,500 x 468,500
- ------------------------------------------------------------------------------------------------------------------------------------
USA NETWORKS INC COM 902984103 279,500 6,500 x 6,500
- ------------------------------------------------------------------------------------------------------------------------------------
UNUM CORP COM 903192102 3,200,109 58,250 x 58,250
- ------------------------------------------------------------------------------------------------------------------------------------
US FOODSERVICES COM 90331R101 172,000 4,000 x 4,000
- ------------------------------------------------------------------------------------------------------------------------------------
USX STEEL GROUP COM 90337T101 600,850 22,300 x 22,300
- ------------------------------------------------------------------------------------------------------------------------------------
UNIAO DE BANCOS BRASILEIROS
S.A. GDR REP PFD UT 90458E107 313,950 13,800 x 13,800
- ------------------------------------------------------------------------------------------------------------------------------------
Page Total 68,957,870
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 19 of 20
<TABLE>
<CAPTION>
FORM 13F INFORMATION TABLE
SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- -------- ------- ------ ----
<S> <C> <C> <C> <C> <C> <C>
UNILEVER NV-W/I COM 904784709 271,150 3,912 x 3,912
- ------------------------------------------------------------------------------------------------------------------------------------
UNIGRAPHICS SOLUTION INC COM 904928108 44,844 2,500 x 2,500
- ------------------------------------------------------------------------------------------------------------------------------------
UNION CARBIDE CORP COM 905581104 574,601 11,090 x 11,090
- ------------------------------------------------------------------------------------------------------------------------------------
UNION PACIFIC CORP COM 907818108 349,875 6,000 x 6,000
- ------------------------------------------------------------------------------------------------------------------------------------
UNIPHASE CORP COM 909149106 340,200 2,100 x 2,100
- ------------------------------------------------------------------------------------------------------------------------------------
UNISYS CORP COM 909214108 4,088,438 105,000 x 105,000
- ------------------------------------------------------------------------------------------------------------------------------------
UNITED RENTALS INC COM 911363109 35,025 1,200 x 1,200
- ------------------------------------------------------------------------------------------------------------------------------------
UNITED TECHNOLOGIES CP COM 913017109 358,475 5,200 x 5,200
- ------------------------------------------------------------------------------------------------------------------------------------
UNOCAL CORP COM 915289102 302,706 7,700 x 7,700
- ------------------------------------------------------------------------------------------------------------------------------------
VERITAS SOFTWARE CORPORATION COM 923436109 353,875 3,800 x 3,800
- ------------------------------------------------------------------------------------------------------------------------------------
VERTICALNET INC COM 92532L107 179,000 2,000 x 2,000
- ------------------------------------------------------------------------------------------------------------------------------------
VIVA CONCHA Y TORO SA-ADR SPONSORED ADR 927191106 108,375 3,000 x 3,000
- ------------------------------------------------------------------------------------------------------------------------------------
VIRGINIA EL&PW 6.7 6/30/09
SERIES A ? 927804591 1,717,313 71,000 x 71,000
- ------------------------------------------------------------------------------------------------------------------------------------
VISX INC COM 92844S105 264,000 3,200 x 3,200
- ------------------------------------------------------------------------------------------------------------------------------------
VITTESSE SEMICONDUCTOR CO COM 928497106 243,225 3,600 x 3,600
- ------------------------------------------------------------------------------------------------------------------------------------
WAL-MART STORES INC COM 931142103 26,992,099 564,640 x 564,640
- ------------------------------------------------------------------------------------------------------------------------------------
WALGREEN CO COM 931422109 3,889,250 132,400 x 132,400
- ------------------------------------------------------------------------------------------------------------------------------------
WARNERLAMBERT COM 934488107 8,056,519 116,550 x 116,550
- ------------------------------------------------------------------------------------------------------------------------------------
WASTE CONNECTIONS INC COM 941053100 53,325 1,800 x 1,800
- ------------------------------------------------------------------------------------------------------------------------------------
WASTE INDUSTRIES INC COM 941058109 426,000 24,000 x 24,000
- ------------------------------------------------------------------------------------------------------------------------------------
WASTE MANAGEMENT INC COM 94106L109 22,045,321 407,065 x 407,065
- ------------------------------------------------------------------------------------------------------------------------------------
WELLS FARGO CO COM 949746101 946,619 21,637 x 21,637
- ------------------------------------------------------------------------------------------------------------------------------------
WENDY'S INTERNATIONAL COM 950590109 4,058,400 142,400 x 142,400
- ------------------------------------------------------------------------------------------------------------------------------------
WEYERHAEUSER CO COM 962166104 250,213 3,700 x 3,700
- ------------------------------------------------------------------------------------------------------------------------------------
WILLAMETTE INDS INC COM 969133107 307,938 6,500 x 6,500
- ------------------------------------------------------------------------------------------------------------------------------------
WILLIAMS COS COM 969457100 407,794 9,100 x 9,100
- ------------------------------------------------------------------------------------------------------------------------------------
WILMAR INDUSTRIES INC COM 971426101 51,250 4,000 x 4,000
- ------------------------------------------------------------------------------------------------------------------------------------
Page Total 76,715,830
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Page 20 of 20
<TABLE>
<CAPTION>
FORM 13F INFORMATION TABLE
SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- -------- ------- ------ ----
<S> <C> <C> <C> <C> <C> <C>
WORTHINGTON INDS INC COM 981811102 373,380 26,670 x 26,670
- ------------------------------------------------------------------------------------------------------------------------------------
XILINX INC COM 983919101 1,532,830 27,040 x 27,040
- ------------------------------------------------------------------------------------------------------------------------------------
XEROX CORP COM 984121103 8,413,590 149,078 x 149,078
- ------------------------------------------------------------------------------------------------------------------------------------
YPF SOCIEDAD ANONIMA SPNS ADR CL D 984245100 489,800 12,400 x 12,400
- ------------------------------------------------------------------------------------------------------------------------------------
YAHOO! INC COM 984332106 6,016,000 37,600 x 37,600
- ------------------------------------------------------------------------------------------------------------------------------------
YOUNG & RUBICAM INC COM 987425105 1,357,650 30,170 x 30,170
- ------------------------------------------------------------------------------------------------------------------------------------
ACE LIMITED ORD G0070K103 280,554 9,844 x 9,844
- ------------------------------------------------------------------------------------------------------------------------------------
BCH CAPITAL 10.5 SERIES-A PREFERRED G09022107 353,377 13,430 x 13,430
- ------------------------------------------------------------------------------------------------------------------------------------
BCH CAPITAL LTD COM G09022115 1,894,500 72,000 x 72,000
- ------------------------------------------------------------------------------------------------------------------------------------
CREDICORP LTD. COM G2519Y108 122,570 11,814 x 11,814
- ------------------------------------------------------------------------------------------------------------------------------------
PARTNERRE LTD COM G6852T105 150,750 4,000 x 4,000
- ------------------------------------------------------------------------------------------------------------------------------------
REPSOL INTL CAP 7.45 SERIES A PREFERRED G7513K103 344,350 14,200 x 14,200
- ------------------------------------------------------------------------------------------------------------------------------------
BANCO TOTTA & ACORES 8.875%
SERIES A PREFERRED G89572104 2,418,050 96,722 x 96,722
- ------------------------------------------------------------------------------------------------------------------------------------
SBS BROADCASTING SA COM L8137F102 54,400 1,700 x 1,700
- ------------------------------------------------------------------------------------------------------------------------------------
PANAMERICAN BEVERAGES INC CL A P74823108 427,160 18,880 x 18,880
- ------------------------------------------------------------------------------------------------------------------------------------
EKSPORTFINANS 8.7 PREFERRED R20543162 1,300,000 50,000 x 50,000
- ------------------------------------------------------------------------------------------------------------------------------------
SWEDISH EXPORT CREDIT 7.375% PREFERRED W92947212 1,096,008 44,735 x 44,735
- ------------------------------------------------------------------------------------------------------------------------------------
Page Total 26,624,969
- ------------------------------------------------------------------------------------------------------------------------------------
GRAND TOTAL 1,366,181,704
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
