UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
REPORT FOR THE CALENDAR YEAR OR QUARTER ENDED: DECEMBER 31, 1999
Check here if Amendment [ ]; Amendment Number: ____
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
NAME: BPI GLOBAL ASSET MANAGEMENT LLP
ADDRESS: 1900 SUMMIT TOWER BOULEVARD, SUITE 450
ORLANDO, FLORIDA 32810
FORM 13F FILE NUMBER: 28-03435
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: CHARLES E. SWEENEY
TITLE: CONTROLLER
PHONE: (407) 660-6100
Signature, Place, and Date of Signing:
/S/ CHARLES E. SWEENEY ORLANDO, FLORIDA FEBRUARY 11, 2000
[Signature] [City, State] [Date]
Report Type (Check only one.):
[x] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings
reported are in this report, and all holdings are reported by other reporting
manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the
holdings for this reporting manager are reported in this report and a portion
are reported by other reporting manager(s).) List of Other Managers Reporting
for this Manager: [If there are no entries in this list, omit this section.]
Form 13F File Number Name
28- NONE [Repeat as necessary.]
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
NUMBER OF OTHER INCLUDED MANAGERS: 0
FORM 13F INFORMATION TABLE ENTRY TOTAL: 289
FORM 13F INFORMATION TABLE VALUE TOTAL: $2,025,918
(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report. [If there are no entries in this
list, state "NONE" and omit the column headings and list entries.]
No. Form 13F File Number Name
28- NONE
[Repeat as necessary.]
<PAGE>
BPI GLOBAL ASSET MANAGEMENT LLP
13F HOLDINGS
12/31/99
<TABLE>
<CAPTION>
MARKET
VALUE PAR/VALUE SHRS INVEST OTHER VOTING
NAME OF ISSUER TITLE OF CLASS CUSIP (x 1000) SHARES PRN DISCRET MNGRS AUTH
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ADC TELECOMMUNICATIONS INC Common Stock 000886101 7,002 96,500 SHRS SOLE NONE SOLE
AT + T CORP Common Stock 001957109 8,028 158,000 SHRS SOLE NONE SOLE
AT&T CORP - LIBERTY MEDIA-A Common Stock 001957208 17,379 305,900 SHRS SOLE NONE SOLE
ABGENIX INC Common Stock 0039B1079 1,577 11,900 SHRS SOLE NONE SOLE
ADECCO SA Depository Rcpt 006754105 288 3,000 SHRS SOLE NONE SOLE
ADOBE SYSTEMS INC Common Stock 00724F101 7,216 107,300 SHRS SOLE NONE SOLE
AEGON N.V.-AMERICAN REG SHR Depository Rcpt 007924103 296 3,100 SHRS SOLE NONE SOLE
AFFYMETRIX INC Common Stock 00826T108 815 4,800 SHRS SOLE NONE SOLE
AKZO NOBEL NV Depository Rcpt 010199305 463 9,300 SHRS SOLE NONE SOLE
ALUMINUM CO AMER Common Stock 013817101 18,401 221,700 SHRS SOLE NONE SOLE
ALCATEL SA Depository Rcpt 013904305 392 8,700 SHRS SOLE NONE SOLE
ALLEGIANCE TELECOM INC Common Stock 01747T102 2,297 24,900 SHRS SOLE NONE SOLE
ALLTEL CORP Common Stock 020039103 3,473 42,000 SHRS SOLE NONE SOLE
AMDOCS LIMITED Common Stock 022569080 8,246 239,000 SHRS SOLE NONE SOLE
AMERICA ONLINE INC DEL Common Stock 02364J104 21,321 281,000 SHRS SOLE NONE SOLE
AMERICAN EXPRESS CO Common Stock 025816109 9,975 60,000 SHRS SOLE NONE SOLE
AMERICAN INTERNATIONAL GROUP Common Stock 026874107 5,082 47,000 SHRS SOLE NONE SOLE
AMES DEPARTMENT STORE Common Stock 030789507 619 21,500 SHRS SOLE NONE SOLE
AMGEN INC Common Stock 031162100 11,532 192,000 SHRS SOLE NONE SOLE
AMVESCAP Depository Rcpt 03235E100 322 5,700 SHRS SOLE NONE SOLE
ANALOG DEVICES Common Stock 032654105 1,711 18,400 SHRS SOLE NONE SOLE
APACHE CORP Common Stock 037411105 628 17,000 SHRS SOLE NONE SOLE
APPLE COMPUTER Common Stock 037833100 28,726 279,400 SHRS SOLE NONE SOLE
APPLIED MATERIALS INC Common Stock 038222105 11,199 88,400 SHRS SOLE NONE SOLE
APPLIED MICRO CIRCUITS CORP Common Stock 03822W109 15,410 121,100 SHRS SOLE NONE SOLE
ARACRUZ CELULOSE SA Depository Rcpt 038496204 698 26,600 SHRS SOLE NONE SOLE
ARM HOLDINGS PLC Depository Rcpt 042068106 689 3,600 SHRS SOLE NONE SOLE
ASTRAZENECA PLC Depository Rcpt 046353108 251 6,000 SHRS SOLE NONE SOLE
AVENTIS Common Stock 053561106 262 4,600 SHRS SOLE NONE SOLE
AXA UAP Depository Rcpt 054536107 696 9,800 SHRS SOLE NONE SOLE
BCE INC Common Stock 05534B109 2,453 27,200 SHRS SOLE NONE SOLE
BJ SVCS CO Common Stock 055482103 962 23,000 SHRS SOLE NONE SOLE
BJ'S WHOLESALE CLUB INC Common Stock 05548J106 978 26,800 SHRS SOLE NONE SOLE
BP AMOCO Depository Rcpt 055622104 1,810 30,520 SHRS SOLE NONE SOLE
BANCO SANTANDER CEN Common Stock 05964H105 332 28,400 SHRS SOLE NONE SOLE
BANK OF TOKYO MITSUBISHI Depository Rcpt 065379109 695 49,900 SHRS SOLE NONE SOLE
BARCLAYS PLC Depository Rcpt 06738E204 311 2,700 SHRS SOLE NONE SOLE
BELL ATLANTIC CORP Common Stock 077853109 3,817 62,000 SHRS SOLE NONE SOLE
BOWATER INC Common Stock 102183100 717 13,200 SHRS SOLE NONE SOLE
BRITISH TELECOM Depository Rcpt 111021408 417 1,750 SHRS SOLE NONE SOLE
BROADCOM CORP Common Stock 111320107 4,031 14,800 SHRS SOLE NONE SOLE
BROADVISION INC Common Stock 111412102 3,945 23,200 SHRS SOLE NONE SOLE
BROCADE COMMUNICATIONS Common Stock 111621108 319 1,800 SHRS SOLE NONE SOLE
BUSINESS OBJECTS SA Depository Rcpt 12328X107 3,150 23,575 SHRS SOLE NONE SOLE
CBS CORP Common Stock 12490K107 7,481 117,000 SHRS SOLE NONE SOLE
CABLETRON SYSTEMS INC Common Stock 126920107 757 29,100 SHRS SOLE NONE SOLE
CAL DIVE INTL INC Common Stock 127914109 331 10,000 SHRS SOLE NONE SOLE
CALPINE CORPORATION Common Stock 131347106 4,410 68,900 SHRS SOLE NONE SOLE
CARNIVAL CORP Common Stock 143658102 2,295 48,000 SHRS SOLE NONE SOLE
CELESTICA INC Depository Rcpt 15101Q108 26,773 482,400 SHRS SOLE NONE SOLE
CEMEX SA Common Stock 151290889 923 33,100 SHRS SOLE NONE SOLE
CENTRAL NEWSPAPERS Common Stock 154647101 445 11,300 SHRS SOLE NONE SOLE
CEPHALON INC Common Stock 156708109 750 21,700 SHRS SOLE NONE SOLE
CHAMPION INTL CORP Common Stock 158525105 1,016 16,400 SHRS SOLE NONE SOLE
CHASE MANHATTAN CORP NEW Common Stock 16161A108 3,729 48,000 SHRS SOLE NONE SOLE
CHEVRON CORP Common Stock 166751107 4,149 47,900 SHRS SOLE NONE SOLE
CHINA TELECOM HK LTD Depository Rcpt 169428109 12,139 94,375 SHRS SOLE NONE SOLE
CHIRON CORP Common Stock 170040109 297 7,000 SHRS SOLE NONE SOLE
CIENA CORP Common Stock 171779101 21,315 370,700 SHRS SOLE NONE SOLE
CIRCUIT CITY STORES INC Common Stock 172737108 415 9,200 SHRS SOLE NONE SOLE
CISCO SYS INC Common Stock 17275R102 13,766 128,500 SHRS SOLE NONE SOLE
CITIGROUP INC Common Stock 172967101 17,753 318,800 SHRS SOLE NONE SOLE
CLEAR CHANNEL COMMUNICATIONS Common Stock 184502102 8,568 96,000 SHRS SOLE NONE SOLE
BRASIL DISTR PAO ACU Depository Rcpt 20440T201 388 12,000 SHRS SOLE NONE SOLE
COMPANHIA PARANAENSE DE ENERGIA Depository Rcpt 20441B407 847 91,000 SHRS SOLE NONE SOLE
COMPUTER SCIENCES CORP. Common Stock 205363104 6,245 66,000 SHRS SOLE NONE SOLE
COMVERSE TECHNOLOGY INC Common Stock 205862402 36,857 254,624 SHRS SOLE NONE SOLE
CONEXANT SYSTEMS INC Common Stock 207142100 29,955 451,300 SHRS SOLE NONE SOLE
COR THERAPEUTICS INC Common Stock 217753102 855 31,800 SHRS SOLE NONE SOLE
CORNING INC Common Stock 219350105 41,930 325,200 SHRS SOLE NONE SOLE
COST PLUS INC / CALIFORNIA Common Stock 221485105 855 24,000 SHRS SOLE NONE SOLE
COSTCO WHOLESALE CORP Common Stock 22160K105 5,840 64,000 SHRS SOLE NONE SOLE
COX COMMUNICATIONS INC Common Stock 224044107 1,030 20,000 SHRS SOLE NONE SOLE
COX RADIO INC Common Stock 224051102 728 7,300 SHRS SOLE NONE SOLE
ASM LITHOGRAPHY HOLDING NV Common Stock 2242253 13,366 117,500 SHRS SOLE NONE SOLE
DII GROUP INC Common Stock 232949107 752 10,600 SHRS SOLE NONE SOLE
DSP GROUP INC Common Stock 23332B106 1,525 16,400 SHRS SOLE NONE SOLE
DALLAS SEMICONDUCTOR CORP Common Stock 235204104 606 9,400 SHRS SOLE NONE SOLE
GILAT SATELLITE NETWORKS LTD Common Stock 2369464 8,799 74,100 SHRS SOLE NONE SOLE
DELL COMPUTER CORP Common Stock 247025109 21,145 414,600 SHRS SOLE NONE SOLE
DEUTSCHE TELEKOM AG Depository Rcpt 251566105 426 6,000 SHRS SOLE NONE SOLE
DOLLAR TREE STORES INC Common Stock 256747106 484 10,000 SHRS SOLE NONE SOLE
DONALDSON LUFKIN & JENRETTE Common Stock 257661108 421 8,700 SHRS SOLE NONE SOLE
DOW CHEMICAL CO. Common Stock 260543103 6,280 47,000 SHRS SOLE NONE SOLE
DU PONT E I DE NEMOURS + CO Common Stock 263534109 9,354 142,000 SHRS SOLE NONE SOLE
DYNEGY INC Common Stock 26816L102 542 22,300 SHRS SOLE NONE SOLE
EMC CORP MASS Common Stock 268648102 10,488 96,000 SHRS SOLE NONE SOLE
EOG RESOURCES INC Common Stock 26875P101 857 48,800 SHRS SOLE NONE SOLE
E.PIPHANY INC Common Stock 26881V100 1,339 6,000 SHRS SOLE NONE SOLE
ECHOSTAR COMMUNICATIONS CORP Common Stock 278762109 12,578 129,000 SHRS SOLE NONE SOLE
EISAI CO LTD Depository Rcpt 282579309 213 11,300 SHRS SOLE NONE SOLE
EMULEX CORP Common Stock 292475209 3,420 30,400 SHRS SOLE NONE SOLE
EPCOS AG Depository Rcpt 29410P107 589 7,900 SHRS SOLE NONE SOLE
ERICSSON L M TEL CO Depository Rcpt 294821400 7,810 118,900 SHRS SOLE NONE SOLE
EXODUS COMMUNICATIONS INC Common Stock 302088109 675 7,600 SHRS SOLE NONE SOLE
EXXON MOBILE CORPORATION Common Stock 30231G102 43,633 541,600 SHRS SOLE NONE SOLE
FMC CORPORATION Common Stock 302491303 3,038 53,000 SHRS SOLE NONE SOLE
FACTSET RESEARCH SYSTEMS Common Stock 303075105 573 7,200 SHRS SOLE NONE SOLE
FAIRCHILD SEMICONDUCTOR CORPORATION Common Stock 303726103 10,026 337,000 SHRS SOLE NONE SOLE
FOMENTO ECONOMICO MEX Depository Rcpt 344419106 5,055 113,600 SHRS SOLE NONE SOLE
FOREST OIL CORP Common Stock 346091606 396 30,000 SHRS SOLE NONE SOLE
FUJITSU LTD Depository Rcpt 359590304 1,109 4,800 SHRS SOLE NONE SOLE
GKN PLC Depository Rcpt 361755200 339 19,350 SHRS SOLE NONE SOLE
GENERAL ELECTRIC CO. Common Stock 369604103 22,748 147,000 SHRS SOLE NONE SOLE
GENERAL MOTORS Common Stock 370442832 9,898 103,100 SHRS SOLE NONE SOLE
GLAXO WELLCOME PLC Depository Rcpt 37733W105 478 8,550 SHRS SOLE NONE SOLE
GROUPE DANONE Depository Rcpt 399449107 237 5,100 SHRS SOLE NONE SOLE
GRUPO TELEVISA SA Depository Rcpt 40049J206 7,467 109,400 SHRS SOLE NONE SOLE
HSBC HOLDINGS PLC Depository Rcpt 404280406 668 9,360 SHRS SOLE NONE SOLE
HAIN FOOD GROUP INC Common Stock 405219106 342 15,300 SHRS SOLE NONE SOLE
HANOVER COMPRESSOR CO. HOLD CO. Common Stock 410768105 378 10,000 SHRS SOLE NONE SOLE
HISPANIC BROADCASTING CORP Common Stock 43357B104 1,743 18,900 SHRS SOLE NONE SOLE
HOME DEPOT INC Common Stock 437076102 12,880 187,350 SHRS SOLE NONE SOLE
HOOPER HOLMES INC Common Stock 439104100 1,439 55,900 SHRS SOLE NONE SOLE
HORMEL FOODS CORP Common Stock 440452100 353 8,700 SHRS SOLE NONE SOLE
HUMAN GENOME SCIENCES INC Common Stock 444903108 2,274 14,900 SHRS SOLE NONE SOLE
HUTCHISON WHAMPOA Depository Rcpt 448415208 1,108 15,100 SHRS SOLE NONE SOLE
IRSA INVERSIONES Y REPRESENT Depository Rcpt 450047204 497 15,376 SHRS SOLE NONE SOLE
INFOSYS TECHNOLOGIES Depository Rcpt 456788108 825 2,500 SHRS SOLE NONE SOLE
INTEL CORP Common Stock 458140100 26,891 326,700 SHRS SOLE NONE SOLE
INTERNATIONAL HOME FOODS INC Common Stock 459655106 3,475 200,000 SHRS SOLE NONE SOLE
INTERNATIONAL PAPER CO Common Stock 460146103 12,315 218,200 SHRS SOLE NONE SOLE
INTERNET INITIATIVE JAPAN INC Depository Rcpt 46059T109 311 3,200 SHRS SOLE NONE SOLE
INTUIT INC Common Stock 461202103 1,798 30,000 SHRS SOLE NONE SOLE
JDS UNIPHASE CORP Common Stock 46612J101 27,762 172,100 SHRS SOLE NONE SOLE
JAKKS PACIFIC INC Common Stock 47012E106 364 19,500 SHRS SOLE NONE SOLE
JOHNSON + JOHNSON Common Stock 478160104 5,865 62,900 SHRS SOLE NONE SOLE
KLA TENCOR CORPORATION Common Stock 482480100 12,296 110,400 SHRS SOLE NONE SOLE
KING PHARMACEUTICALS INC Common Stock 495582108 2,035 36,300 SHRS SOLE NONE SOLE
PHILIPS ELECTRONICS-NY SHR Depository Rcpt 500472204 20,676 153,152 SHRS SOLE NONE SOLE
KOREA ELEC POWER CORP Depository Rcpt 500631106 1,032 61,600 SHRS SOLE NONE SOLE
KOREA TELECOM CORP Common Stock 50063P103 4,694 62,800 SHRS SOLE NONE SOLE
LSI LOGIC CORP Common Stock 502161102 22,903 339,300 SHRS SOLE NONE SOLE
LVMH Common Stock 502441207 410 4,500 SHRS SOLE NONE SOLE
LAM RESEARCH Common Stock 512807108 10,967 98,300 SHRS SOLE NONE SOLE
LEAP WIRELESS INTL INC Common Stock 521863100 1,507 19,200 SHRS SOLE NONE SOLE
LEGATO SYSTEMS INC Common Stock 524651106 3,716 54,000 SHRS SOLE NONE SOLE
LEVEL 3 Common Stock 52729N100 7,983 97,500 SHRS SOLE NONE SOLE
LYCOS INC Common Stock 550818108 2,100 26,400 SHRS SOLE NONE SOLE
MCI WORLDCOM INC Common Stock 55268B106 12,735 240,000 SHRS SOLE NONE SOLE
MACROMEDIA INC Common Stock 556100105 1,309 17,900 SHRS SOLE NONE SOLE
MAGYAR TAVKOZLESI Depository Rcpt 559776109 436 12,100 SHRS SOLE NONE SOLE
MAHANAGAR TEL NIGAM Common Stock 559778204 258 22,900 SHRS SOLE NONE SOLE
MANNESMANN AG Depository Rcpt 563775303 1,198 4,910 SHRS SOLE NONE SOLE
MARCONI PLC Common Stock 566306106 758 43,000 SHRS SOLE NONE SOLE
VIDESH SANCHAR NIGAM LTD Depository Rcpt 5718535 1,097 44,600 SHRS SOLE NONE SOLE
MATSUSHITA ELEC INTL LTD Depository Rcpt 576879209 335 1,200 SHRS SOLE NONE SOLE
MCLEOD USA INC Common Stock 582266102 3,968 67,400 SHRS SOLE NONE SOLE
MEAD CORP Common Stock 582834107 1,125 25,900 SHRS SOLE NONE SOLE
MEDICALOGIC INC Common Stock 584642102 2,176 103,600 SHRS SOLE NONE SOLE
MEDIMMUNE INC Common Stock 584699102 11,993 72,300 SHRS SOLE NONE SOLE
MERCK + CO INC Common Stock 589331107 10,414 155,000 SHRS SOLE NONE SOLE
MERRILL LYNCH + CO INC Common Stock 590188108 2,666 32,000 SHRS SOLE NONE SOLE
MICHAELS STORES INC Common Stock 594087108 422 14,800 SHRS SOLE NONE SOLE
MICROSOFT CORP Common Stock 594918104 40,150 343,900 SHRS SOLE NONE SOLE
MICROCHIP TECHNOLOGY INC Common Stock 595017104 3,121 45,600 SHRS SOLE NONE SOLE
MICRON TECHNOLOGY INC Common Stock 595112103 22,945 293,700 SHRS SOLE NONE SOLE
MILLIPORE CORP Common Stock 601073109 421 10,900 SHRS SOLE NONE SOLE
MINIMED INC Common Stock 60365K108 1,392 19,000 SHRS SOLE NONE SOLE
MINNESOTA MNG + MFG CO Common Stock 604059105 1,468 15,000 SHRS SOLE NONE SOLE
MOBILE MINI INC Common Stock 60740F105 559 26,000 SHRS SOLE NONE SOLE
MOLEX INC Common Stock 608554200 2,851 63,000 SHRS SOLE NONE SOLE
MONACO COACH CORP Common Stock 60886R103 725 28,350 SHRS SOLE NONE SOLE
MORGAN STANLEY DEAN WITTER Common Stock 617446448 9,293 65,100 SHRS SOLE NONE SOLE
MOTOROLA INC Common Stock 620076109 54,777 372,000 SHRS SOLE NONE SOLE
DATACRAFT ASIA Common Stock 624683900 432 52,000 SHRS SOLE NONE SOLE
NEC CORP Depository Rcpt 629050204 293 2,400 SHRS SOLE NONE SOLE
NTL INCORPORATED HOLDING CO Common Stock 629407107 20,852 167,150 SHRS SOLE NONE SOLE
NTT MOBILE COMM NTWK Depository Rcpt 629424508 2,348 11,800 SHRS SOLE NONE SOLE
NASDAQ- 100 SHARES Common Stock 631100104 92,106 504,000 SHRS SOLE NONE SOLE
NATIONAL AUSTRALIA BANK Depository Rcpt 632525408 221 2,900 SHRS SOLE NONE SOLE
NATIONAL SEMI CONDUCTOR CORP Common Stock 637640103 14,402 336,400 SHRS SOLE NONE SOLE
NESTLE SA Depository Rcpt 641069406 248 2,700 SHRS SOLE NONE SOLE
NEW YORK TIMES CO Common Stock 650111107 1,572 32,000 SHRS SOLE NONE SOLE
NEWFIELD EXPLORATION COMPANY Common Stock 651290108 535 20,000 SHRS SOLE NONE SOLE
NEWS CORP LTD Depository Rcpt 652487703 2,066 54,000 SHRS SOLE NONE SOLE
NEXTLINK COMMUNICATIONS Common Stock 65333H707 3,057 36,800 SHRS SOLE NONE SOLE
NEXT LEVEL COMMUNICATIONS INC Common Stock 65333U104 502 6,700 SHRS SOLE NONE SOLE
NIPPON TELEG + TEL CORP Depository Rcpt 654624105 1,223 14,200 SHRS SOLE NONE SOLE
NOKIA CORP Depository Rcpt 654902204 64,843 339,380 SHRS SOLE NONE SOLE
NOBLE DRILLING CORP Common Stock 655042109 544 16,600 SHRS SOLE NONE SOLE
NORTEL NETWORKS CORP Common Stock 656569100 61,878 612,650 SHRS SOLE NONE SOLE
NOVELLUS SYS INC Common Stock 670008101 5,563 45,400 SHRS SOLE NONE SOLE
OMNICOM GROUP Common Stock 681919106 4,200 42,000 SHRS SOLE NONE SOLE
OMNIPOINT CORPORATION Common Stock 68212D102 1,363 11,300 SHRS SOLE NONE SOLE
OPEN MKT INC Common Stock 68370M100 9,932 220,100 SHRS SOLE NONE SOLE
ORACLE SYS CORP Common Stock 68389X105 6,130 54,700 SHRS SOLE NONE SOLE
PE CORP - PE BIOSYSTEMS GROUP Common Stock 69332S102 1,757 14,600 SHRS SOLE NONE SOLE
PMC - SIERRA INC Common Stock 69344F106 3,206 20,000 SHRS SOLE NONE SOLE
PRI AUTOMATION INC Common Stock 69357H106 5,598 83,400 SHRS SOLE NONE SOLE
PANAMSTAT CORPORATION Common Stock 697933109 1,484 25,000 SHRS SOLE NONE SOLE
PANTRY INC Common Stock 698657103 1,749 123,800 SHRS SOLE NONE SOLE
PARTNER COMMUNICATIONS CO LTD Depository Rcpt 70211M109 621 24,000 SHRS SOLE NONE SOLE
PENINSULAR & ORIENTAL STEAM NAVIGATION Depository Rcpt 707190401 280 8,300 SHRS SOLE NONE SOLE
PERKINELMER INC Common Stock 714046109 417 10,000 SHRS SOLE NONE SOLE
PHARMACYCLICS INC Common Stock 716933106 1,035 25,100 SHRS SOLE NONE SOLE
PFIZER INC Common Stock 717081103 4,217 130,000 SHRS SOLE NONE SOLE
PHELPS DODGE CORP Common Stock 717265102 3,975 59,000 SHRS SOLE NONE SOLE
PHONE.COM INC Common Stock 71920Q100 209 1,800 SHRS SOLE NONE SOLE
POHANG IRON & STEEL Depository Rcpt 730450103 5,192 148,350 SHRS SOLE NONE SOLE
POTOMAC ELECTRIC POWER Common Stock 737679100 617 26,900 SHRS SOLE NONE SOLE
POWERTEL INC Common Stock 73936C109 813 8,100 SHRS SOLE NONE SOLE
PROCTER + GAMBLE CO Common Stock 742718109 10,299 94,000 SHRS SOLE NONE SOLE
PROFIT RECOVERY GROUP Common Stock 743168106 521 19,600 SHRS SOLE NONE SOLE
PROVIDIAN FINL CORP Common Stock 74406A102 2,932 32,200 SHRS SOLE NONE SOLE
QLT PHOTOTHERAPEUTICS INC Common Stock 746927102 4,453 75,800 SHRS SOLE NONE SOLE
QLOGIC CORP Common Stock 747277101 14,069 88,000 SHRS SOLE NONE SOLE
QUAL COMMUNICATIONS Common Stock 747525103 28,603 162,400 SHRS SOLE NONE SOLE
QWEST COMMUNICATIONS INTL Common Stock 749121109 2,752 64,000 SHRS SOLE NONE SOLE
RF MICRO DEVICES INC Common Stock 749941100 8,835 129,100 SHRS SOLE NONE SOLE
RAZORFISH INC Common Stock 755236106 4,090 43,000 SHRS SOLE NONE SOLE
REDBACK NETWORKS Common Stock 757209101 5,556 31,300 SHRS SOLE NONE SOLE
REPSOL SA Depository Rcpt 76026T205 372 16,000 SHRS SOLE NONE SOLE
RITEK CORP Depository Rcpt 767767304 217 18,750 SHRS SOLE NONE SOLE
ROCHE HLDGS AG Depository Rcpt 771195104 247 2,075 SHRS SOLE NONE SOLE
ROYAL DUTCH 1.25 Depository Rcpt 780257804 6,865 113,350 SHRS SOLE NONE SOLE
SDL INC Common Stock 784076101 6,344 29,100 SHRS SOLE NONE SOLE
SK TELECOM CO LTD Depository Rcpt 78440P108 507 13,220 SHRS SOLE NONE SOLE
SPIDERS TRUST UNIT SER 1 Common Stock 78462F103 29,963 204,000 SHRS SOLE NONE SOLE
SANMINA CORP Common Stock 800907107 819 8,200 SHRS SOLE NONE SOLE
SAP AG Depository Rcpt 803054204 3,499 67,200 SHRS SOLE NONE SOLE
SAWTEK INC Common Stock 805468105 3,115 46,800 SHRS SOLE NONE SOLE
SECOM LTD Depository Rcpt 813113206 432 2,000 SHRS SOLE NONE SOLE
AMEX FINANCIAL SELECT SPDR Common Stock 81369Y605 2,020 85,000 SHRS SOLE NONE SOLE
SHARP CORP Depository Rcpt 819882200 495 1,925 SHRS SOLE NONE SOLE
SIEBEL SYSTEMS INC Common Stock 826170102 1,672 19,900 SHRS SOLE NONE SOLE
SIEMENS AG Depository Rcpt 826197402 748 5,800 SHRS SOLE NONE SOLE
SMITHKLINE Depository Rcpt 832378301 1,622 25,300 SHRS SOLE NONE SOLE
SONERA CORP Depository Rcpt 835433202 921 13,300 SHRS SOLE NONE SOLE
SONY CORP Depository Rcpt 835699307 6,431 22,585 SHRS SOLE NONE SOLE
STMICROELECTRONICS NV Common Stock 861012102 43,114 284,700 SHRS SOLE NONE SOLE
STONE ENERGY CORPORATION Common Stock 861642106 235 6,600 SHRS SOLE NONE SOLE
SUN MICROSYSTEMS INC Common Stock 866810104 29,318 378,600 SHRS SOLE NONE SOLE
SYMANTEC CORPORATION Common Stock 871503108 838 14,300 SHRS SOLE NONE SOLE
TAIWAN SEMICONDUCTOR Depository Rcpt 874039100 18,578 412,850 SHRS SOLE NONE SOLE
TELE CELULAR SUL PART Depository Rcpt 879238103 448 14,100 SHRS SOLE NONE SOLE
TELE CENTRO SUL PART Depository Rcpt 879239101 336 3,700 SHRS SOLE NONE SOLE
TELEBRAS Depository Rcpt 879287308 20,446 158,800 SHRS SOLE NONE SOLE
TELEFONICA S.A. Depository Rcpt 879382208 559 7,091 SHRS SOLE NONE SOLE
TELEFONOS DE MEXICO S A Depository Rcpt 879403780 45,290 402,578 SHRS SOLE NONE SOLE
TELEPHONE AND DATA SYSTEMS Common Stock 879433100 1,247 9,900 SHRS SOLE NONE SOLE
TELESP CELULAR PARTICIPA Depository Rcpt 87952L108 547 12,900 SHRS SOLE NONE SOLE
TEVA PHARMACEUTICAL Depository Rcpt 881624209 989 13,800 SHRS SOLE NONE SOLE
TEXAS INDUSTRIES Common Stock 882491103 443 10,400 SHRS SOLE NONE SOLE
TEXAS INSTRS INC Common Stock 882508104 12,368 128,000 SHRS SOLE NONE SOLE
TIFFANY & CO Common Stock 886547108 18,635 208,800 SHRS SOLE NONE SOLE
TITAN CORP Common Stock 888266103 2,806 59,300 SHRS SOLE NONE SOLE
TORONTO-DOMINION BANK Common Stock 891160509 467 17,300 SHRS SOLE NONE SOLE
TRANSWITCH CORP Common Stock 894065101 2,355 32,450 SHRS SOLE NONE SOLE
TRIQUINT SEMICONDUCTOR INC Common Stock 89674K103 3,354 30,150 SHRS SOLE NONE SOLE
UTI ENERGY CORP Common Stock 903387108 1,006 43,600 SHRS SOLE NONE SOLE
UNIBANCO UNIAO DE BARNCOS BRAS Depository Rcpt 90458E107 8,739 290,100 SHRS SOLE NONE SOLE
UNITED PAN - EUROPE CAOM Common Stock 911300200 370 2,900 SHRS SOLE NONE SOLE
US AIRWAYS GROUP INC Common Stock 911905107 2,565 80,000 SHRS SOLE NONE SOLE
U.S. TRUST CORP Common Stock 91288L105 281 3,500 SHRS SOLE NONE SOLE
UNITED TECHNOLOGIES Common Stock 913017109 5,200 80,000 SHRS SOLE NONE SOLE
UNITEDGLOBALCOM INC Common Stock 913247508 18,504 262,000 SHRS SOLE NONE SOLE
UNIVISION COMMUNICATIONS INC Common Stock 914906102 1,145 11,200 SHRS SOLE NONE SOLE
UPM-KYMMENE CORP Depository Rcpt 915436109 321 7,500 SHRS SOLE NONE SOLE
VA LINUX SYSTEMS INC Common Stock 91819B105 2,717 13,150 SHRS SOLE NONE SOLE
VALASSIS COMMUNICATIONS INC Common Stock 918866104 765 18,100 SHRS SOLE NONE SOLE
VERITAS SOFTWARE CORP Common Stock 923436109 11,607 81,100 SHRS SOLE NONE SOLE
VERISIGN INC Common Stock 92343E102 687 3,600 SHRS SOLE NONE SOLE
VINA CONCHA Y TORO S A Depository Rcpt 927191106 376 9,900 SHRS SOLE NONE SOLE
VIRATA CORPORATION Common Stock 927646109 742 24,850 SHRS SOLE NONE SOLE
VISIO CORP Common Stock 927914101 1,378 29,000 SHRS SOLE NONE SOLE
VITESSE SEMICONDUCTOR CORP Common Stock 928497106 20,283 386,800 SHRS SOLE NONE SOLE
VIVENDI Depository Rcpt 92851S105 378 20,700 SHRS SOLE NONE SOLE
VODAFONE AIRTOUCH PLC Depository Rcpt 92857T107 10,753 217,225 SHRS SOLE NONE SOLE
VOICESTREAM WIRELESS CORP Common Stock 928615103 26,022 182,850 SHRS SOLE NONE SOLE
WPP GROUP PLC Depository Rcpt 929309300 482 5,800 SHRS SOLE NONE SOLE
WAL-MART STORES INC Common Stock 931142103 18,913 273,600 SHRS SOLE NONE SOLE
WARNER LAMBERT CO Common Stock 934488107 15,404 188,000 SHRS SOLE NONE SOLE
WATERS CORP Common Stock 941848103 647 12,200 SHRS SOLE NONE SOLE
WESTERN WIRELESS CORP Common Stock 95988E204 14,418 216,000 SHRS SOLE NONE SOLE
WEYERHAEUSER CO Common Stock 962166104 5,910 82,300 SHRS SOLE NONE SOLE
WILLAMETTE INDUSTRIES Common Stock 969133107 836 18,000 SHRS SOLE NONE SOLE
XPEDIOR INC Common Stock 98413B100 1,438 50,000 SHRS SOLE NONE SOLE
YAHOO! INC Common Stock 984332106 47,899 110,700 SHRS SOLE NONE SOLE
YOUNG & RUBICAN Common Stock 987425105 3,538 50,000 SHRS SOLE NONE SOLE
ZOMAX INC Common Stock 989929104 525 11,600 SHRS SOLE NONE SOLE
LERNOUT&HAUSPIE SPEECH RPO Common Stock B5628B104 4,574 98,900 SHRS SOLE NONE SOLE
GEMSTAR INTERNATIONAL Common Stock G3788V106 11,963 167,900 SHRS SOLE NONE SOLE
GLOBAL CROSSING Common Stock G3921A100 6,335 126,700 SHRS SOLE NONE SOLE
SANTA FE INTERNATIONAL CORP Common Stock G7805C108 585 22,600 SHRS SOLE NONE SOLE
CHECK POINT SOFTWARE TECH Common Stock M22465104 36,650 184,400 SHRS SOLE NONE SOLE
ORBOTECH LTD Common Stock M75253100 1,039 13,400 SHRS SOLE NONE SOLE
ROYAL CARIBBEAN CRUISES LTD Common Stock V7780T103 4,409 89,400 SHRS SOLE NONE SOLE
FLEXTRONICS INTERNATIONAL Common Stock Y2573F102 11,624 252,700 SHRS SOLE NONE SOLE
2,025,918 24,132,471
</TABLE>
