Symbol Country Company Type Cusip Quantity Market Value
ADPT4.75%04R USD ADAPTEC INC BOND 00651FAC2 3000000 2783725.3
ADO USD ADECCO COMMON STOCK 6754105 145794 12884544.76
MERI1.5%04.EU EUR ADECCO SA BOND 3000000 3496144.44
RKY USD ADOLPH COORS COMPANY COMMON STOCK 217016104 84000 4032000
AMD6%05R USD ADVANCED MICRO DEV BOND 007903AC1 4000000 6526256.98
ADVNB USD ADVANTA CORPORATION COMMON STOCK 7942204 956800 13858650
"AES,IIIR" USD AES CORP PREFERRED STOCK 00808N202 40000 2573124.77
AIR5.75%04.L GBP AIRTOURS PLC BOND 3000000 4424641.81
ACV USD ALBERTO CULVER COMMON STOCK 13068101 32000 762000.01
ALL1 USD ALLSTATE CORP COMMON STOCK 20002101 501820 11949588.76
ALO5.75%05R USD ALPHARMA INC BOND 020813AB7 5000000 6747902.43
AZA0%14R USD ALZA CORP BOND 022615AC2 22000000 11614985.51
AMZN6.875%10.EU EUR AMAZON EURO BOND 2000000 1727728.3
AMZN4.75%09R USD AMAZON.COM BOND 023135AF3 8000000 7894803.19
AOL0%19A USD AMERICA ONLINE BOND 02364JAC8 5000000 2753439.43
AIG1 USD AMERICAN INTERNATIONAL GROUP INC COMMON STOCK 26874107 115542 12651849
ACR5.75%02 USD AMERICAN RETIREMENT CORP BOND 028913AA9 5800000 3892112.66
AMT2.25%09R USD AMERICAN TOWER CORPORATION BOND 029912AD4 5000000 7450874.36
AMT6.25%09AR USD AMERICAN TOWER CORPORATION BOND 029912AA0 1500000 3214061.22
AFM USD "AMFM, INC" COMMON STOCK 1693100 14790 918828.76
AFM1 USD "AMFM, INC" COMMON STOCK 1693100 407310 25304133.75
ASO USD AMSOUTH BANCORPORATION COMMON STOCK 32165102 133200 1989675.01
ASO1 USD AMSOUTH BANCORPORATION COMMON STOCK 32165102 1166075 17418245.31
APC0%20A USD ANADARKO PETROLEUM CORPORATION BOND 032511AP2 6000000 3367238
AOC USD AON CORPORATION COMMON STOCK 37389103 80000 2580000
ASML2.5%05.EU EUR ASM LITHOGRAPHY HOLDING NV BOND 5899144 11297025.46
ATHM.5246%18AR USD AT HOME CORP SER - A BOND 045919AA5 2511000 1334847.52
ATHM.5246%18R USD AT HOME CORP SER - A BOND 045919AC1 1489000 791552.35
ATHM4.75%06AS USD AT HOME CORP SER - A BOND 045919AD9 15000000 12518189.24
T00PJ USD AT&T CORPORATION PUT OPTION 0019579PJ 167000 7614681.25
T1 USD AT&T CORPORATION COMMON STOCK 1957109 372267 20963285.44
T3 USD AT&T CORPORATION COMMON STOCK 1957109 875727 49314376.69
ATG USD ATLANTA GAS & LIGHT COMMON STOCK 1204106 53300 979387.51
ARC USD ATLANTIC RICHFIELD COMPANY COMMON STOCK 48825103 432100 36728500
ATO USD ATMOS ENERGY CORPORATION COMMON STOCK 49560105 71300 1167537.5
BAA4.875%04.L GBP BAA PLC BOND 1000000 1503874.45
POP.EU EUR BANCO POPULAR ESPANOL SA COMMON STOCK 94000 2874595.21
BK USD BANK OF NEW YORK COMMON STOCK 64057102 133100 5531968.77
"BKP," USD BANK UNITED COMMON STOCK 65412306 117800 5054279.67
BKNG.O USD BANKNORTH CAPITAL I COMMON STOCK 06646L100 95300 2555231.26
BCE.TO CAD BCE INC COMMON STOCK 05534B109 41600 5195335.67
BEL/CWZ4.25%05A USD BELL ATLANTIC BOND 07785GAC4 11000000 15998986.2
BEL4.25%05R USD BELL ATLANTIC BOND U0778KAD4 1000000 1454453.29
GR3 USD BF GOODRICH COMMON STOCK 382388106 346245 9932903.44
"BMW,.EU" EUR BMW - GERMANY PREFERRED STOCK 700946 10047885.68
BOW USD BOWATER INC COMMON STOCK 102183100 28900 1542537.51
BAPLC3.75%06.L GBP BRITISH AEROSPACE BOND 2000000 7812967.28
"BD,R" USD BUDGET GROUP PREFERRED STOCK 119001303 250000 6764249.28
BR USD "BURLINGTON RESOURCES, INC." COMMON STOCK 122014103 452100 16727700
CUBE USD C CUBED MICROSYSTEMS COMMON STOCK 125015107 335900 24457718.75
"MEC,IIIR" USD CALENERGY PREFERRED STOCK 12946N309 182855 6811348.75
"MEC,IIR" USD CALENERGY PREFERRED STOCK 12946P403 75000 3070312.5
"CPN,R" USD CALPINE CORP PREFERRED STOCK 131346207 50000 4378326.79
COF USD CAPITAL ONE FINANCIAL CORP COMMON STOCK 14040H105 12500 599218.76
CSC6.25%06.L GBP CAPITAL SHOPPING CENTRES PLC BOND 1000000 1844198.25
CBS USD CBS INC. COMMON STOCK 12490K107 820924 46484821.51
CBS1 USD CBS INC. COMMON STOCK 12490K107 467876 26493478.5
CHA USD CHAMPION INTERNATIONAL COMMON STOCK 158525105 999200 53207400
CHRS7.5%06R USD "CHARMING SHOPPES, INC" BOND 161133AA1 3000000 2810059.47
CF USD CHARTER ONE FINANCIAL INC COMMON STOCK 160903100 116100 2438100
CMB USD CHASE MANHATTAN CORPORATION COMMON STOCK 16161A108 42000 3661875.01
CHV.TO CAD CHAUVCO RESOURCES LIMITED COMMON STOCK G19472102 152200 1050.16
CHIR1.9%00A USD CHIRON CORP BOND 170040AB5 7385000 12723021.58
DIOR.EU EUR CHRISTIAN DIOR COMMON STOCK 21181 4892400.19
CFB USD CITIZENS FIRST BANCORP COMMON STOCK 201647104 129855 2158839.38
CCU2.625%03R USD CLEAR CHANNEL COMM. INC. BOND 184502AB8 2000000 2450394.53
CMS USD CMS ENERGY COMMON STOCK 125896100 757900 13736937.51
"CGP,I" USD COASTAL CORP PREFERRED STOCK 190441865 98000 2740784.38
CMA USD "COMERICA, INC." COMMON STOCK 200340107 396195 16590665.64
CBH USD "COMMERCE BANCORP, INC." COMMON STOCK 200519106 37100 1372700
TEC USD COMMERCIAL INTERTECH CORP COMMON STOCK 201709102 496400 9772875.01
CMVT4.5%05R USD COMVERSE TECHNOLOGY BOND 205862AG0 3000000 13295939.76
CNCX USD CONCENTRIC NETWORK CORP COMMON STOCK 20589R107 474900 26119500
COC.B USD CONOCO INC COMMON STOCK 208251405 184800 4735500.01
CRO USD "CROWN PACIFIC PARTNERS, LP" COMMON STOCK 228439105 13400 288100
CUC3%02R USD CUC INTERNATIONAL BOND 126545AD4 3000000 2831748.38
CFR USD CULLEN FROST BANKERS INC COMMON STOCK 229899109 211700 5596818.74
CVS USD CVS DELAWARE COMMON STOCK 126650100 232700 8740793.76
DMGO2.5%04.L GBP DAILY MAIL & GEN BOND 1500000 3331670.84
DFRNOTE.TO CAD DIAMOND FIELDS RESOURCES INC COMMON STOCK 15381 106.13
DME USD "DIME BANCORP, INC." COMMON STOCK 25429Q102 633900 11727150
DYN.NO NOK DYNO ASA COMMON STOCK 80000 1775584.53
ESTM USD E-STAMP CORP COMMON STOCK 269154100 172700 1273662.52
EWBX7%05A USD "EARTHWEB, INC." BOND 27032CAA6 1500000 1115599.14
ELN0%18AR USD ELAN CORP PLC BOND 284129AA1 1185000 857856.67
ELN0%18R USD ELAN CORP PLC BOND 284129AC7 8815000 6381440.13
ELN4.75%04R USD ELAN CORP PLC BOND 046854AB1 3000000 4166062.15
NEG USD ENERGY EAST CORP COMMON STOCK 29266M109 290000 5745625.01
ENI.EU EUR ENI SPA COMMON STOCK 1722978 8611529.32
EOG USD ENRON OIL & GAS COMMON STOCK 26875P101 140000 2966250
"EXG,7" USD ENRON OIL & GAS PREFERRED STOCK 293561882 63200 1361238.34
ESAT USD ESAT TELECOM GROUP PLC COMMON STOCK 26883Y102 303700 30332037.51
"ECJ,R" USD ESTEE LAUDER PREFERRED STOCK 518438205 142400 13198028.94
"FMO,R" USD FED-MOGUL FINANCE TRUST PREFERRED STOCK 313552408 375000 11135563.52
"FDW,D" USD FEDERATED DEPARTMENT STORES PREF'D STOCK 31410H127 220700 3724312.51
FITB1 USD FIFTH THIRD BANCORP COMMON STOCK 316773100 16918 1065834
FITB3 USD FIFTH THIRD BANCORP COMMON STOCK 316773100 585755 36902565
FDC USD FIRST DATA CORPORATION COMMON STOCK 319963104 5000 221875.02
FDC00TH USD FIRST DATA CORPORATION PUT OPTION 100000 3823793.75
FNAN USD FIRST NATIONAL BANK ANCHORAGE COMMON STOCK 322387101 4422 3957690
FSCO USD FIRST SECURITY CORP COMMON STOCK 336294103 63500 762000
SRCE.O USD FIRST SOURCE CORPORATION COMMON STOCK 336901103 188000 3677750.01
FSNM.O USD FIRST STATE BANC COMMON STOCK 336453105 86101 947111
FTN USD FIRST TENN NATIONAL CORP COMMON STOCK 337162101 109800 2230312.5
FTU00DG USD FIRST UNION CORPORATION CALL OPTION 100000 3618281.25
FSR USD FIRSTAR CORP COMMON STOCK 33763V109 86000 1972625
FSR2 USD FIRSTAR CORP COMMON STOCK 33763V109 808557 18546276.19
FMER.O USD FIRSTMERIT CORP COMMON STOCK 337915102 117400 2164562.5
FBF USD FLEET BOSTON CORPORATION COMMON STOCK 339030108 291200 10628800
"FLE,R" USD FLEET ENTERPRISES PREFERRED STOCK 339072407 307905 9006975.55
FLBK.O USD FLORIDA BANKS INC COMMON STOCK 340560101 200000 1162500
AMEVC.EU EUR FORTIS AMEV - NETHERLANDS COMMON STOCK 105000 2880701.26
FPL USD FPL GROUP COMMON STOCK 302571104 150800 6946225
FTE2%04.EU EUR FRANCE TELECOM BOND 4000259 8590044.71
FUGR4.75%05.EU EUR FUGRO N.V. BOND 1800000 1700818.09
IT.B USD "GARTNER GROUP, INC." COMMON STOCK 366651206 222600 2963362.5
GY USD GENCORP INC COMMON STOCK 368682100 310600 2407150
GD1 USD GENERAL DYNAMICS COMMON STOCK 369550108 474760 23619310
GE1 USD GENERAL ELECTRIC COMMON STOCK 369604103 165995 25832971.89
GM USD GENERAL MOTORS COMMON STOCK 370442105 620100 51352031.26
GM00UR USD GENERAL MOTORS PUT OPTION 136000 9739287.5
GM00US USD GENERAL MOTORS PUT OPTION 365500 26265283.15
GTIV USD "GENTIVA HEALTH SERVICES, INC" COMMON STOCK 37247A102 635699 4549220.97
"GPW," USD GEORGIA PACIFIC PREFERRED STOCK 373298801 262300 11139553.13
GETY5%07A USD "GETTY IMAGES, INC" BOND 374276AD5 1500000 1203874.35
GLM USD GLOBAL MARINE INC COMMON STOCK 379352404 185000 4694375.01
"GSTRF,9AS" USD GLOBAL STAR PREFERRED STOCK 379364870 164000 5122271.03
"GTS,7.25AR" USD "GLOBAL TELE. GRP." PREFERRED STOCK 37936U401 40000 1500977.83
"GTS,7.25R" USD "GLOBAL TELE. GRP." PREFERRED STOCK 37936U609 40000 1500977.83
GSB USD GOLDEN STATE BANCORP COMMON STOCK 381197102 469100 7007181.26
GSBNZ USD GOLDEN STATE BANCORP COMMON STOCK 381197136 245000 329218.75
GPU USD GPU INC COMMON STOCK 36225X100 211300 5784337.51
GTE USD GTE CORP COMMON STOCK 362320103 691600 49103600
HAL USD HALLIBURTON CO COMMON STOCK 406216101 208500 8574562.51
HAL3 USD HALLIBURTON CO COMMON STOCK 406216101 86000 3536750
HET1 USD HARRAH'S ENTERTAINMENT COMMON STOCK 413619107 270755 5025889.69
HEHN.EU EUR HEINEKEN NV - NETHERLANDS COMMON STOCK 144000 4954089.6
HLT5%06R USD HILTON HOTELS BOND 432848AL3 6000000 4566452.51
HON1 USD HONEYWELL INC. COMMON STOCK 438516106 981612 51718682.26
HPHAV.EU EUR HPY HOLDING - HTF HOLDING OYJ COMMON STOCK 365246 15270821.12
HU USD HUDSON UNITED BANCORP COMMON STOCK 444165104 192000 4164000
HTCH6%05R USD HUTCHINSON TECHNOLOGY BOND 448407AC0 4000000 3218807.87
ITW1 USD ILLINOIS TOOL WORKS INC COMMON STOCK 452308109 358327 19797566.75
INF1 USD INFINITY BROADCASTING CORP COMMON STOCK 45662S102 694543 22485829.63
INIT7%05A USD INTERLIANT INC BOND 458742AA1 2500000 1693298
"IP,5.25R" USD INTERNATIONAL PAPER PREFERRED STOCK 460137300 125000 5691375.01
IP1 USD INTERNATIONAL PAPER COMMON STOCK 460146103 1101020 47068605
INVEB.ST SEK INVESTOR AB COMMON STOCK 336000 5240295.74
JCOR0%11R USD JACOR COMMUNICATIONS INC BOND 469858AA2 15000000 16219294.36
JDSU1 USD JDS UNIPHASE CORP COMMON STOCK 46612J101 146390 17649144.39
JNJ5 USD JOHNSON & JOHNSON COMMON STOCK 478160104 289450 20333862.5
KEY USD KEY CORP COMMON STOCK 493267108 1006900 19131100
"KM,TR" USD KMART CORPORATION PREFERRED STOCK 498778208 550000 23629306.3
KR USD KROGER COMPANY COMMON STOCK 501044101 374900 6584181.25
LG USD LACLEDE GAS CO COMMON STOCK 505588103 24000 480000
LB.TO CAD LAURENTIAN BANK OF CANADA COMMON STOCK 87800 1035934.59
VDO.TO CAD LE GROUPE VIDEOTRON COMMON STOCK 92558H105 715600 19725536.47
LEA USD LEAR CORP COMMON STOCK 521865105 214700 6038437.51
"LR,P.EU" EUR LEGRAND SA PREFERRED STOCK 24372 2673818.48
LEN0%18R USD LENNAR CORP BOND 526057AA2 5000000 2090572.96
LVLT6%09R USD "LEVEL 3 COMMUNICATIONS, INC." BOND 52729NAG5 5000000 8742762.82
LVLT6%10A USD "LEVEL 3 COMMUNICATIONS, INC." BOND 52729NAS9 2000000 2003825.49
LTR3.125%07R USD LOEWS CORP BOND 540424AL2 12500000 10966371.21
"LOR," USD LORAL CORPORATION PREFERRED STOCK G56462149 150000 4726143.76
"LOR,A" USD LORAL CORPORATION PREFERRED STOCK 543885602 100000 3251163.16
LU1 USD LUCENT TECHNOLOGY COMMON STOCK 549463107 371354 22745432.5
"MAN,.EU" EUR M.A.N. - GERMANY PREFERRED STOCK 127205 2929679.34
MQST USD "MAPQUEST.COM, INC" COMMON STOCK 565644101 100000 2075000
"LNT,A" USD MCLEODUSA INC PREFERRED STOCK 18803205 50000 4247864.83
MCN USD MCN CORP COMMON STOCK 55267J100 96800 2420000
UMG USD MEDIAONE GROUP COMMON STOCK 58440J104 955000 77355000
"UMX," USD MEDIAONE GROUP PREFERRED STOCK 58440J401 150000 17686921.88
MED.NO NOK MERKANTILDATA COMMON STOCK 139000 1312799.2
"MEOG,.EU" EUR METRO - GERMANY PREFERRED STOCK 172575 3958111.17
MSFT USD MICROSOFT CORPORATION COMMON STOCK 594918104 5600 595000
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WMF02MO USD MICROSOFT CORPORATION PUT OPTION ML00ZC2P9 25000 1691950
MDST USD MID-STATE BANCSHARES COMMON STOCK 595440108 78100 1952500
MOLXA USD MOLEX INC COMMON STOCK 608554200 1179125 52323671.89
MTC USD MONSANTO COMMON STOCK 611662107 492410 25359115
MOT1 USD MOTOROLA COMMON STOCK 620076109 545239 79604894
NBR USD "NABORS INDUSTRIES, INC." COMMON STOCK 629568106 20000 776250
"NAU,7.875R" USD NATN'L AUST. BANK LTD PREF'D STOCK 632525309 275000 6627452.73
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NAP USD NATIONAL PROCESSING COMMON STOCK 637229105 1143000 10858500
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NWL1 USD NEWELL COMPANY COMMON STOCK 651229106 283345 7030497.81
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"NXLK,6.5AR" USD NEXTLINK COMMUNICATIONS COMMON STOCK 65333H806 13145 3731609.68
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GAS USD NICOR INC. COMMON STOCK 654086107 40700 1340556.26
NT1 USD NORTHERN TELECOM COMMON STOCK 656568102 143595 18092970
NRIM USD NORTHRIM BANK COMMON STOCK 666764105 160437 1323605.25
NUI USD NUI CORPORATION COMMON STOCK 629430109 33000 853875.01
OEI USD OCEAN ENERGY INC COMMON STOCK 6.75E+110 427500 6145312.52
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OV USD ONE VALLEY BANCORP INC COMMON STOCK 682419106 875600 30317650.01
ORTL USD ORTEL CORPORATION COMMON STOCK 68749W102 72100 13532268.76
PH00QH USD PARKER-HANNIFIN CORP PUT OPTION 50100 1888662.5
PE USD PECO ENERGY COMPANY COMMON STOCK 693304107 63700 2348937.51
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PNC USD PNC BANK CORPORATION COMMON STOCK 693475105 104800 4722550
QE.TO CAD Q ENERGY COMMON STOCK 914500 164058.51
QCSB USD QUEENS COUNTY BANCORP INC COMMON STOCK 748242104 150600 2720212.5
KWK USD QUICKSILVER RESOURCES INC COMMON STOCK 74837R104 337300 2023800
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