<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the calendar Year or Quarter Ended: Sept 30, 1999
Check here if Amendment [X]; Amendment Number: 1
This Amendment (Check only one.): [ ] is a restatement.
[X] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: McDonald Investments Inc.
Address: 800 Superior Ave.
Cleveland, Ohio 44114
13F File Number: 28-231
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person.
H-6
<PAGE> 2
FORM 13F SPECIAL ELECTRONIC FILING INSTRUCTIONS Continued
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: Ken Fox
Title: Compliance Officer
Phone: 216-263-4766
Signature, Place, and Date of Signing:
Ken Fox Cleveland, Ohio
Report Type ( Check only one.):
[X] 13F HOLDING 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 1930.
Sept 1999
H-7
<PAGE> 3
FORM 13F SPECIAL ELECTRONIC FILING INSTRUCTIONS Continued
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 172
Form 13F Information Table Value Total: $156,279,224
List of Other Included Managers:
Sept 1999
H-8
<PAGE> 4
FORM 13F 9/30/99
<TABLE>
<CAPTION>
CLASS CUSIP VALUE PRIN AMT
- --------------------------- ------ ---------- ---------- ----------
<S> <C> <C> <C> <C>
2THEMART.COM 89151P104 71,256.00 12,000.00
3COM CORP COMMON 885535104 20,174,450 701,720
A G EDWARDS INC COMMON 281760108 8,149,347 308,980
A SCHULMAN INC COMMON 808194104 563,520 32,549
A T & T CORP COMMON 001957109 4,930,557 113,346
ABBOTT LABORATORIES COMMON 002824100 9,613,797 262,042
ABM INDUSTRIES INC COMMON 000957100 3,762,453 148,274
ADOBE SYSTEMS INC COMMON 00724F101 293,965 2,590
ADVANCED DIGITAL INFO COMMON 007525108 253,961 9,131
ADVANCED MARKETING SERVICE COMMON 00753T105 3,274,530 165,799
AEGON NON VOTING COMMON 007924103 10,945,797 126,541
AFFILIATED COMPUTER COMMON 008190100 4,066,563 100,100
AFLAC INC COMMON 001055102 715,728 17,092
AG-CHEM EQUIPMENT INC COMMON 008363103 161,456 16,350
AIR PRODUCTS & CHEMICALS I COMMON 009158106 10,379,479 354,854
AIRBORNE FREIGHT CORP COMMON 009266107 1,140,983 54,170
AIRTRAN HOLDINGS INC 00949P108 62,887.50 12,500.00
ALBERTO CULVER CO COMMON 013068101 10,638,888 460,060
ALBERTSON INC COMMON 013104104 28,207,905 712,987
ALCOA INC COMMON 013817101 644,711 10,388
ALLIANCE PREMIER EQUITY 01877C101 1,485,130 45,837
ALLIED SIGNAL INC COMMON 019512102 23,232,688 387,612
ALLTEL CORP COMMON 020039103 17,191,206 244,280
ALLTRISTA CORP COMMON 020040101 305,009 11,675
ALPHARMA INC COMMON 020813101 2,153,210 60,975
ALTERRA HEALTHCARE CORPORATION 02146C104 659,421.37 74,301.00
ALZA CORP COMMON 022615108 329,660 7,700
AMAZON.COM INC COMMON 023135106 1,553,195 19,430
AMBAC FINANCIAL GROUP INC COMMON 023139108 11,715,838 247,300
</TABLE>
<PAGE> 5
<TABLE>
<CAPTION>
<C> <C> <C> <C> <C>
AMERICA ONLINE INC COMMON 02364J104 5,899,643 56,693
AMERICAN EXPRESS CO COMMON 025816109 4,152,600 30,760
AMERICAN FINANCIAL GROUP I COMMON 025932104 326,429 11,632
AMERICAN GENERAL CORP COMMON 026351106 7,882,341 124,622
AMERICAN HEALTH PPTY COMMON 026494104 201,250 10,000
AMERICAN HOME PRODUCTS COMMON 026609107 11,801,148 284,365
AMERICAN INTERNATIONAL COMMON 026874107 32,174,168 370,082
AMERICREDIT CORP COMMON 03060R101 2,907,682 194,650
AMERITECH CORPORATION COMMON 030954101 7,234,832 108,387
AMGEN INC COMMON 031162100 1,036,355 12,716
AMR CORP COMMON 001765106 252,008 4,624
ANAREN MICROWAVE INC COMMON 032744104 1,466,175 51,900
ANCHOR BANCORP WISCONSIN COMMON 032839102 284,814 17,527
ANDOVER BANCORP INC COMMON 034258103 3,374,572 112,250
ANHEUSER BUSCH CO INC COMMON 035229103 710,088 10,135
ANN TAYLOR STORES CORP COMMON 036115103 249,092 6,094
ANTEC CORP COMMON 03664P105 478,125 9,000
APPLE COMPUTER INC COMMON 037833100 28,826,473 455,301
APPLIED DIGITAL SOLUTIONS COMMON 038188108 18,130 10,000
APPLIED MATERIALS INC COMMON 038222105 1,107,132 14,251
APPLIED POWER INC COMMON 038225108 2,784,628 91,675
ARCHER DANIELS MIDLAND COMMON 039483102 1,573,828 129,800
ARCHITEL SYSTEMS CORPORATION 39917109 339,080.00 35,000.00
ARGOSY GAMING CO COMMON 040228108 192,788 14,550
ARMSTRONG WORLD INDS COMMON 042476101 4,493,800 100,000
ARNOLD INDS INC COMMON 042595108 303,000 24,000
ARRIVA PLC ORD G24836101 107,349.50 21,500.00
AT HOME CORPORATION COMMON 045919107 238,600 5,758
AT&T CORP LIBERTY MEDIA COMMON 001957208 2,805,116 75,178
ATLANTIC RICHFIELD CO COMMON 048825103 1,534,099 17,310
ATMEL CORPORATION COMMON 049513104 758,595 22,435
AUTOCAM CORP 52907102 177,187.50 10,500.00
AUTOMATIC DATA PROCESSING COMMON 053015103 5,842,305 130,920
AVERY DENNISON CORP COMMON 053611109 11,804,026 223,773
AXA FINANCIAL INC COMMON 002451102 313,669 5,620
</TABLE>
<PAGE> 6
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C>
B F GOODRICH CO COMMON 382388106 21,146,655 729,195
BAKER HUGHES INC COMMON 057224107 342,635 11,815
BALDWIN PIANO & ORGAN CO COMMON 058246109 1,659,983 232,980
BANC ONE CORP COMMON 06423A103 21,939,066 630,197
BANK OF AMERICA CORP NEW COMMON 060505104 17,422,937 312,867
BANK OF NEW YORK COMPANY I COMMON 064057102 16,471,655 492,603
BANK ONE CORPORATION 06423A103 1,435,548.86 41,236.00
BANK UNITED FINANCIAL CORP COMMON 06652B103 2,648,314 333,625
BANKATLANTIC BANKCORP INC COMMON 065908501 106,621 19,166
BANKBOSTON CORPORATION COMMON 06605R106 12,360,054 284,958
BANYAN SYSTEMS INC 66908104 327,250.00 34,000.00
BARR LABORTORIES INC COMMON 068306109 1,187,450 37,400
BE AEROSPACE INC COMMON 073302101 454,647 38,084
BECTON DICKINSON & CO COMMON 075887109 17,374,085 619,110
BED BATH & BEYOND COMMON 075896100 304,275 8,709
BELL ATLANTIC CORP COMMON 077853109 8,252,372 122,597
BELLSOUTH CORP COMMON 079860102 18,777,135 417,283
BERKSHIRE HATHAWAY INC COMMON 084670207 4,164,864 2,244
BESTFOODS COMMON 08658U101 6,604,228 135,993
BINDLEY WESTERN INDUSTRIES COMMON 090324104 721,490 50,408
BINDLEY WESTERN INDUSTRIES INC 90324104 356,751.52 24,925.00
BINDVIEW DEVELOPMENT CORP COMMON 090327107 1,279,720 65,000
BIOGEN INC COMMON 090597105 757,235 9,608
BJ SERVICES CO COMMON 055482103 846,226 26,600
BJ'S WHOLESALE INC COMMON 05548J106 4,622,175 156,350
BLACK & DECKER CORP COMMON 091797100 16,966,102 371,347
BLUEGREEN CORPORATION COMMON 096231105 1,007,850 212,200
BOEING CO COMMON 097023105 7,112,323 166,858
BORG-WARNER AUTOMOTIVE INC COMMON 099724106 1,075,000 25,000
BOSTON SCIENTIFIC CORP COMMON 101137107 571,725 23,100
BOWATER INC COMMON 102183100 735,000 14,000
BP AMOCO PLC COMMON 055622104 7,100,675 64,078
BRADY CORPORATION COMMON 104674106 240,000 7,500
BRANDYWINE REALTY TRUST COMMON 105368203 967,688 59,550
BRASS EAGLE INC 10553F106 207,151.56 16,324.00
</TABLE>
<PAGE> 7
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C>
BRENTON BANKS INC COMMON 107211104 240,240 17,276
BRIGHTPOINT INC 109473108 184,335.00 342,282.00
BRINKER INTERNATIONAL INC COMMON 109641100 6,765,750 250,000
BRISTOL MYERS SQUIBB COMMON 110122108 23,662,463 350,555
BRISTOL RETAIL SOLUTIONS COMMON 110202108 4,500 18,000
BROADCOM CORPORATION CLASS COMMON 111320107 1,263,092 11,588
BRUNSWICK CORP COMMON 117043109 18,915,572 760,425
BUDGET GROUP INC COMMON 119003101 79,459 11,250
BURLINGTON RESOURCES INC COMMON 122014103 2,773,486 75,469
C AND D TECHNOLOGIES INC COMMON 124661109 4,563,637 125,675
C R BARD CORP INC COMMON 067383109 3,218,874 68,395
CABLEVISION SYSTEMS CORP COMMON 12686C109 989,400 13,600
CAMBREX CORP COMMON 132011107 3,466,022 131,100
CAMCO FINANCIAL CORP 132618109 244,583.10 23,716.00
CANISCO RESOURCES 137587101 41,366.75 31,878.00
CAPITAL SENIOR LIVING CORP COMMON 140475104 422,015 55,800
CARDINAL HEALTH INC COMMON 14149Y108 735,642 13,498
CATERPILLAR INC DELAWARE COMMON 149123101 1,206,434 22,010
CBS INC COMMON 12490K107 1,958,780 42,352
CEDAR FAIR L P COMMON 150185106 280,125 13,500
CELLSTAR CORP COMMON 150925105 360,000 48,000
CENDANT CORP COMMON 151313103 608,878 34,303
CENTERPOINT PROPERTIES INC COMMON 151895109 435,375 12,900
CENTEX CORP COMMON 152312104 21,772,765 736,487
CENTURYTEL INC COMMON 156700106 855,481 21,058
CHADMOORE WIRELESS COMMON 157259102 4,200 20,000
CHAI NA TA NEW COMMON 15745J205 72,247 72,247
CHARMING SHOPPES INC COMMON 161133103 461,506 90,050
CHARTER ONE FINANCIAL INC COMMON 160903100 7,404,206 320,398
CHASE MANHATTAN CORP NEW COMMON 16161A108 16,044,398 212,861
CHECK POINT SOFTWARE COMMON M22465104 329,308 3,900
CHEVRON CORP COMMON 166751107 3,037,025 34,220
CHITTENDEN CORP COMMON 170228100 3,000,822 105,292
CHRIS CRAFT INDS INC COMMON 170520100 333,439 5,941
CHYRON CORP NEW 171605207 14,256.00 12,000.00
</TABLE>
<PAGE> 8
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C>
CIENA CORPORATION COMMON 171779101 353,685 9,690
CIGNA CORP COMMON 125509109 12,075,042 155,306
CINCINNATI BELL INC COMMON 171870108 1,771,618 91,142
CINCINNATI FINANCIAL CORP COMMON 172062101 576,665 380,036
CINERGY CORP COMMON 172474108 880,138 31,086
CINTAS CORP COMMON 172908105 3,743,102 64,745
CISCO SYSTEMS COMMON 17275R102 17,604,784 256,798
CITIGROUP INC COMMON 172967101 71,408,392 1,622,918
CITIZENS UTILITIES CO COMMON 177342201 385,773 34,100
CJF HOLDINGS INC 125609990 0.00 93,284.00
CLAYTON HOME INC COMMON 184190106 1,131,125 130,194
CLEAR CHANNEL COMMUNICATIO COMMON 184502102 1,967,561 24,633
CLEVELAND INDIANS BASEBALL 186202107 8,715,378.75 536,331.00
CLOROX CO COMMON 189054109 1,057,919 27,658
CMG INFORMATION SERVICES COMMON 125750109 2,199,240 21,456
CMS ENERGY CORP COMMON 125896100 384,688 11,335
COACHMEN INDUSTRIES INC COMMON 189873102 2,039,785 131,599
COASTAL CORP COMMON 190441105 35,383,123 864,310
COCA COLA CO COMMON 191216100 4,521,990 93,720
COLE NATIONAL CORPORATION COMMON 193290103 361,721 47,050
COLGATE PALMOLIVE CO COMMON 194162103 1,283,105 28,046
COLUMBIA/HCA HEALTHCARE CORP 197677107 508,511.99 24,000.00
COMAIR HOLDINGS INC COMMON 199789108 12,718,158 762,114
COMCAST CORP COMMON 200300101 1,931,174 53,550
COMCAST CORP CL A SPECIAL COMMON 200300200 3,361,702 84,306
COMDISCO INC COMMON 200336105 8,349,880 432,345
COMERICA INC COMMON 200340107 816,935 16,137
COMMUNICATIONS INTELLIGENC COMMON 20338K106 52,520 40,000
COMPAQ COMPUTER CORP COMMON 204493100 4,470,754 195,443
COMPUTER ASSOCIATES COMMON 204912109 24,753,608 404,967
COMPUTER NETWORK TECHNOLOG COMMON 204925101 1,280,538 137,500
COMPUTER SCIENCES CORP COMMON 205363104 44,167,744 628,159
COMPUTER TASK GROUP INC COMMON 205477102 213,138 14,450
COMPUWARE CORPORATION COMMON 205638109 6,133,744 235,343
CONAGRA INC COMMON 205887102 7,410,270 328,426
</TABLE>
<PAGE> 9
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C>
CONLEY CANITANO & ASSOCIATES 207374992 0.00 27,010.00
CONSECO EQUITY FUNDS EQUITY 20846T102 219,821 15,546
CONSECO INC COMMON 208464107 3,129,471 164,709
CONSOLIDATED NATURAL GAS COMMON 209615103 451,096 7,232
CONSOLIDATED STORES COMMON 210149100 975,185 44,200
CONVERGENT CAPITAL MANAGEMENT 21247M993 0.00 300,000.00
CONVERGYS CORPORATION COMMON 212485106 1,669,678 85,786
COOPER COMPANIES INC NEW COMMON 216648402 4,266,153 138,175
COOPER INDS INC COMMON 216669101 5,528,001 118,246
COOPER TIRE & RUBBER COMMON 216831107 2,145,491 121,730
COORS ADOLPH CO COMMON 217016104 15,014,275 277,400
COPPER MOUNTAIN NETWORKS COMMON 217510106 292,668 3,340
CORN PRODUCTS INTL INC COMMON 219023108 265,693 8,729
CORNING INC COMMON 219350105 798,759 11,650
CORPORATE EXPRESS INC COMMON 219888104 1,646,050 175,000
COUNTRYWIDE CREDIT COMMON 222372104 15,575,976 482,976
COX COMMUNICATIONS INC COMMON 224044107 848,569 20,325
CRACKER BARREL GROUP INC COMMON 12489V106 668,050 43,100
CRANE CO COMMON 224399105 12,266,294 546,675
CSX CORP COMMON 126408103 333,831 7,878
CTS CORP COMMON 126501105 5,945,500 103,400
CVS CORP DELAWARE COMMON 126650100 982,818 24,081
CYBER GUARD CORP 231910100 26,000.00 16,000.00
D R HORTON INC COMMON 23331A109 1,586,199 122,600
DAIMLERCHRYSLER AG COMMON D1668R123 225,049 3,241
DANA CORP COMMON 235811106 15,349,740 413,461
DATATEC SYSTEMS INC COMMON 238128102 104,834 43,000
DAYTON HUDSON CORP COMMON 239753106 17,119,156 285,020
DEAN FOODS CO COMMON 242361103 514,043 11,800
DEERE & CO COMMON 244199105 793,452 20,509
DELHAIZE AMERICA INC CL A COMMON 246688105 221,012 10,431
DELL COMPUTER CORPORATION COMMON 247025109 5,447,356 130,279
DELTA AIR LINES DELAWARE COMMON 247361108 6,416,356 132,296
DEVELOPERS DIVERSIFIED PREFER 251591301 1,260,400 54,800
DIEBOLD INC COMMON 253651103 4,403,208 190,409
</TABLE>
<PAGE> 10
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C>
DILLARD'S INC CLASS A COMMON 254067101 2,234,430 110,000
DOLLAR GENERAL CORP COMMON 256669102 1,011,404 32,758
DORAL FINANCIAL CORP COMMON 25811P100 208,650 15,600
DOVER CORP COMMON 260003108 215,248 5,266
DOW CHEMICAL CO COMMON 260543103 618,120 5,440
DQE CAPITAL CORP 8.3750% 23329F201 497,425.00 20,200.00
DREYFUS S & P 500 INDEX EQUITY 26200Q105 225,671 5,915
DUANE READ INC COMMON 263578106 825,425 27,400
DUKE ENERGY CORP COMMON 264399106 11,402,717 206,852
DUKE REALTY INVESTMENT INC COMMON 264411505 3,076,768 157,824
DVI INC COMMON 233343102 2,747,316 167,775
E DIGITAL CORPORATION 26841Y103 14,497.00 10,900.00
E I DUPONT DE NEMOURS & CO COMMON 263534109 9,265,455 153,148
E M C CORP MASSACHUSETTS COMMON 268648102 3,712,785 52,018
EAGLE PICHER INDUSTRIES INC 269803102 0.00 20,071.00
EARTHGRAINS COMPANY COMMON 270319106 3,982,500 180,000
EASTMAN KODAK CO COMMON 277461109 905,816 11,978
EATON VANCE ADVISORS SENIO TAX BO 277921102 121,794 12,228
EATON VANCE SENIOR INCOME COMMON 27826S103 211,207 21,388
ECHOSTAR COMMUNICATIONS 278762109 726,504.00 8,000.00
ECI TELECOM LTD COMMON 268258100 13,503,842 546,980
EL PASO ELECTRIC COMMON 283677854 222,300 24,700
EL PASO ENERGY GROUP COMMON 283905107 8,482,929 210,756
ELAN CORP PLC ADR COMMON 284131208 1,649,219 49,138
ELECTRONIC DATA SYSTEMS COMMON 285661104 589,676 11,139
EMERSON ELECTRIC CO COMMON 291011104 12,973,255 205,312
EMMIS BROADCASTING CORP COMMON 291525103 257,646 3,900
EMMIS COMMUNICATIONS CORP 291525103 594,567.00 9,000.00
EMONS TRANSPORATION GROUP INC 291575108 38,534.00 19,267.00
ENGELHARD CORP COMMON 292845104 6,593,725 361,300
ENRON CORP COMMON 293561106 23,718,646 577,616
ENSCO INTERNATIONAL INC COMMON 26874Q100 1,268,926 70,250
ESTERLINE CORP COMMON 297425100 2,406,206 152,775
EVANS SYSTEMS INC 299211102 371,400.00 185,700.00
EVOLVING SYSTEMS INCORPORATED 30049R100 72,900.00 10,800.00
</TABLE>
<PAGE> 11
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C>
EXXON CORP COMMON 302290101 18,731,188 246,436
F P L GROUP COMMON 302571104 356,152 7,070
FAIRFIELD COMMUNITY INC COMMON 304231301 2,446,097 223,633
FAIRFIELD COMMUNITY INC 304231301 470,334.00 43,000.00
FAMILY DOLLAR STORES COMMON 307000109 261,274 12,368
FARM FISH INC COM 307668103 23,232.12 26,551.00
FDX CORPORATION COMMON 31304N107 11,080,347 285,025
FEDERAL HOME LOAN MORTGAGE COMMON 313400301 2,381,444 45,797
FEDERAL MOGUL CORP COMMON 313549107 275,630 10,000
FEDERAL NATIONAL COMMON 313586109 35,737,677 570,088
FEDERATED DEPARTMENT STORE COMMON 31410H101 19,524,080 446,898
FERRO CORP COMMON 315405100 1,230,293 57,725
FIDELITY FINANCIAL OF 31614P107 496,295.95 27,287.00
FIFTH THIRD BANCORP COMMON 316773100 17,042,464 280,101
FINET.COM INC 317922300 45,465.00 15,000.00
FINISH LINE CLASS A 317923100 175,000.00 20,000.00
FINISHMASTER INC COMMON 31787P108 385,717 59,341
FINSH LINE CLASS A COMMON 317923100 202,125 23,100
FIRST AMERICAN CORP 318900107 217,500.00 5,000.00
FIRST CITIZENS 31946M103 425,962.50 5,550.00
FIRST CITIZENS BANCSHARES COMMON 31946M103 935,736 12,192
FIRST COMMERCE BANCSHARES COMMON 319777207 268,443 12,937
FIRST DATA CORP COMMON 319963104 889,083 20,264
FIRST ENERGY CORP COMMON 337932107 27,120,677 1,017,413
FIRST FINANCIAL CORP COMMON 320218100 1,676,751 45,703
FIRST INDIANA CORP COMMON 32054R108 8,852,259 269,286
FIRST INTERNET BANK OF INDIA NA 320545999 300,000.00 30,000.00
FIRST NATIONAL NEBRASKA IN COMMON 335720108 281,500 100
FIRST NORTHERN CAPITAL COR COMMON 335832101 264,641 23,654
FIRST UNION CORPORATION COMMON 337358105 12,664,688 355,500
FIRST UNION REAL EST EQUIT COMMON 337400105 142,000 28,400
FIRSTAR CORP WISCONSIN COMMON 33763V109 12,212,516 476,586
FIRSTMERIT CORP COMMON 337915102 5,739,672 226,194
FLAGSTAR BANCORP 337930101 224,167.62 14,821.00
FLAGSTAR CAPITAL CORP PREFER 33847R207 408,900 17,400
</TABLE>
<PAGE> 12
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C>
FLEET FINANCIAL GRP INC NE COMMON 338915101 846,184 23,104
FLEETWOOD ENTERPRISES COMMON 339099103 1,168,179 57,865
FLORIDA ROCK INDUSTRIES IN COMMON 341140101 695,000 20,000
FORD MOTOR COMPANY COMMON 345370100 942,640 18,759
FOREMOST CORP OF AMERICA 345469100 240,000.00 10,000.00
FORTUNE BRANDS INC COMMON 349631101 11,743,064 364,126
FORWARD AIR CORPORATION COMMON 349853101 4,552,514 192,699
FOUR SEASONS HOTELS INC COMMON 35100E104 343,692 9,400
FRANKLIN SMALL CAPITAL EQUITY 354713109 210,400 7,557
FREMONT GENERAL CORP COMMON 357288109 1,677,840 177,775
FRONTIER CORP COMMON 35906P105 1,182,216 21,792
FURNITURE BRANDS INT INC COMMON 360921100 1,262,985 64,150
GALILEO CORPORATION COMMON 363544107 441,604 20,421
GAM INTERNATIONAL D EQUITY 364590851 398,001 16,318
GANNETT COMPANY INC COMMON 364730101 10,729,329 155,075
GAP INC COMMON 364760108 1,237,984 38,687
GATEWAY INC COMMON 367626108 1,263,372 28,713
GATEWAY TRUST INDEX EQUITY 367829207 720,732 31,849
GEHL COMPANY COMMON 368483103 2,071,425 116,700
GENERAL ELECTRIC CO COMMON 369604103 63,620,838 536,595
GENERAL INSTRUMENT CORP COMMON 370120107 404,832 8,434
GENERAL MILLS INC COMMON 370334104 1,041,889 12,843
GENERAL MOTORS CORP COMMON 370442105 896,551 14,245
GENUINE PARTS CO COMMON 372460105 3,463,045 130,371
GEORGIA PACIFIC CORP COMMON 373298108 5,671,914 140,262
GILDAN ACTIVEWEAR INC COMMON 375916103 2,254,575 130,700
GILLETTE CO COMMON 375766102 2,144,270 63,182
GLACIER BANCORP INC (NEW) COMMON 37637Q105 610,215 35,633
GLIATECH INC 37929C103 185,121.25 10,810.00
GLOBAL CONNECTIONS INC COMMON 379317100 50,000 40,000
GO2NET INCORPORATED COMMON 383486107 1,673,399 25,844
GOLDMAN SACHS HIGH YIELD A TAX BO 38141W653 158,696 17,382
GOODYEAR TIRE & RUBBER CO COMMON 382550101 633,470 13,163
GORAND CAPITAL INC COMMON 38268H109 165,000 20,000
GP STRATEGIES CORP COMMON 36225V104 213,750 19,000
</TABLE>
<PAGE> 13
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C>
GPU INC COMMON 36225X100 311,569 9,550
GREENWELL RESOURCES CORP 396900102 0.00 20,000.00
GST TELECOM INC 361942105 984,340.00 140,000.00
GTE CORP COMMON 362320103 5,856,953 76,188
GUIDANT CORPORATION COMMON 401698105 2,419,882 45,126
H & R BLOCK INC COMMON 093671105 353,281 8,133
HALLIBURTON CO COMMON 406216101 1,686,781 41,141
HALSEY DRUG INC 406369108 107,212.00 49,000.00
HANGER ORTHOPEDIC GROUP IN COMMON 41043F208 2,790,525 192,450
HANOVER DIRECT INC COMMON 410783104 76,441 29,825
HARBOR CAPITOL APPRECIATIO EQUITY 411511504 339,075 7,853
HARLEY DAVIDSON INC COMMON 412822108 1,054,327 21,060
HARRAHS ENTERTAINMENT INC COMMON 413619107 1,694,138 61,050
HARRIS CORP COMMON 413875105 1,052,512 38,100
HARTFORD FINANCIAL SERVICE COMMON 416515104 3,474,375 85,000
HARVEY HUBBELL INC COMMON 443510201 2,966,032 93,052
HAWKINS CHEMICAL COMMON 420200107 258,670 32,847
HAWKINS CHEMICAL 420200107 165,375.00 21,000.00
HCC INS HLDGS INC COMMON 404132102 2,780,450 165,375
HEALTHSOUTH CORP COMMON 421924101 5,682,916 927,823
HEINZ H J CO COMMON 423074103 3,209,477 74,639
HELMERICH & PAYNE IN COMMON 423452101 3,725,416 147,174
HERSHEY FOODS CORP COMMON 427866108 205,853 4,228
HERTZ CORP COMMON 428040109 240,900 5,475
HEWLETT PACKARD INC COMMON 428236103 16,804,269 185,171
HIBERNIA CORPORATION COMMON 428656102 393,506 33,850
HIGHLAND INSURANCE GROUP COMMON 431032101 92,500 10,000
HOME DEPOT INC COMMON 437076102 5,074,476 73,945
HONEYWELL INC COMMON 438506107 10,811,832 97,130
HOOPER HOLMES INC COMMON 439104100 799,500 31,200
HOUSEHOLD INTERNATIONAL COMMON 441815107 18,764,978 467,663
HUDSON UNITED BANCORP COMMON 444165104 2,757,425 89,489
HUGHES SUPPLY INC COMMON 444482103 3,033,581 139,475
HUNTINGTON BANCSHARES INC COMMON 446150104 3,829,455 144,165
ICG COMMUNICATIONS INC 449246107 544,705.00 35,000.00
</TABLE>
<PAGE> 14
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C>
IDG BOOKS WORLDWIDE INC COMMON 449384106 162,727 10,210
ILLINOIS TOOL WKS IN COMMON 452308109 477,576 6,405
IMATRON INC 452906100 21,332.50 17,500.00
INDIANA ENERGY INC COMMON 454707100 1,358,967 67,735
INFOSEEK CORP COMMON 45678M107 283,278 9,175
INGERSOLL RAND CO COMMON 456866102 22,895,522 416,752
INKTOMI CORP COMMON 457277101 1,921,696 16,010
INSITUFORM EAST INC 457662104 29,464.50 18,132.00
INTEL CORP COMMON 458140100 23,760,615 319,737
INTERFACE INC COMMON 458665106 65,088 12,700
INTERIM SERVICES INC COMMON 45868P100 3,569,750 218,000
INTERLEAF INC 458729209 544,000.00 32,000.00
INTERMEDIA COMMUNICATIONS INC 458801107 679,687.50 31,250.00
INTERNATIONAL BUSINESS COMMON 459200101 10,103,621 83,501
INTERNATIONAL FIBERCOM COMMON 45950T101 163,364 31,117
INTERNATIONAL FLAVORS & COMMON 459506101 883,373 25,605
INTERNATIONAL GAME COMMON 459902102 483,822 26,879
INTERNATIONAL PAPER COMMON 460146103 702,489 14,616
INTERNET HOLDERS TRUST COMMON 46059W102 202,135 1,820
INTERSTATE BAKERIES CORP COMMON 46072H108 12,998,220 565,140
INTERVOICE INC COMMON 461142101 1,822,076 164,700
INTL TECHNEGROUP INCORPORATED 460993207 40,000.26 10,780.00
INTUIT COMMON 461202103 348,433 3,975
INVACARE CORP COMMON 461203101 244,048 12,475
IPALCO ENTERPRISES COMMON 462613100 1,291,771 66,456
IPC HOLDINGS LTD COMMON G4933P101 329,063 17,550
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5
ITLA CAPITAL CORPORATION COMMON 450565106 2,799,919 189,825
IVAX CORPORATION COMMON 465823102 283,800 17,200
J C PENNEY COMPANY COMMON 708160106 787,463 22,825
J P MORGAN & CO INC COMMON 616880100 6,548,239 57,315
JABIL CIRCUIT INC COMMON 466313103 1,549,350 31,300
JANUS TWENTY FUND INC EQUITY 471023408 1,512,713 23,811
JDS UNIPHASE CORP COMMON 46612J101 246,633 2,167
JEFFERSON PILOT CORP COMMON 475070108 2,413,781 38,200
</TABLE>
<PAGE> 15
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C>
JOHNSON & JOHNSON COMMON 478160104 14,357,949 156,277
JOHNSON CONTROLS COMMON 478366107 47,400,865 714,805
JRECK SUBS GROUP COMMON 481220101 2,300 10,000
K MART CORP COMMON 482584109 5,259,600 450,000
KANEB PIPE LINE COMMON 484169107 288,750 10,000
KAUFMANN FUND INC EQUITY 486250103 215,974 40,904
KEANE INC COMMON 486665102 1,966,001 86,179
KELLOGG COMPANY COMMON 487836108 1,308,571 34,953
KEMPER DREMAN HIGH RETURN EQUITY 48840B504 207,327 6,681
KEYCORP NEW COMMON 493267108 2,696,207 104,459
KIMBERLY CLARK CORP COMMON 494368103 1,194,049 22,636
KINDER MORGAN ENERGY COMMON 494550106 251,215 5,800
KNIGHT RIDDER NEWSPAPERS I COMMON 499040103 330,000 6,000
KNIGHT TRIMARK COMMON 499067106 1,381,652 46,638
KONINKLIJKE PHILIPS COMMON 500472204 749,319 7,419
KROGER CO COMMON 501044101 1,885,945 85,480
LABOR READY INC (NEW) COMMON 505401208 158,236 15,725
LAFARGE CORP COMMON 505862102 701,856 21,933
LAFAYETTE BANCORPORATION COMMON 505893107 9,879,207 253,313
LAKEHEAD PIPE LINE PARTNER COMMON 511557100 336,738 7,900
LANCASTER COLONY CORP COMMON 513847103 981,184 30,662
LCNB CORPORATION COMMON 50181P100 288,600 5,550
LEAR CORPORATION COMMON 521865105 855,069 24,300
LEGGETT & PLATT INC COMMON 524660107 1,381,310 70,160
LEHMAN BROTHERS HOLDINGS COMMON 524908258 290,913 3,145
LENNAR CORP COMMON 526057104 889,739 55,825
LG AND E ENERGY CORP COMMON 501917108 1,833,408 86,278
LILLY ELI & CO COMMON 532457108 27,198,959 423,739
LILLY INDUSTRIAL INC CL A COMMON 532491107 620,360 45,531
LINCOLN BANCORP IND COMMON 532879103 5,354,141 450,875
LINCOLN ELEC CO COMMON 533543104 221,250 10,000
LINCOLN ELECTRIC HOLDINGS COMMON 533900106 615,812 29,500
LINCOLN NATIONAL CORP COMMON 534187109 4,504,180 119,910
LINEAR TECHNOLOGY CORP COMMON 535678106 936,616 15,934
LITCHFIELD FINANCIAL CORP 536619109 2,000,174.32 83,269.00
</TABLE>
<PAGE> 16
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C>
LITTON INDS INC COMMON 538021106 5,787,075 105,700
LM ERICSSON TELEPHONE CO COMMON 294821400 1,959,250 62,696
LOCAL FINANCIAL CORP COMMON 539553107 92,963 10,050
LOCKHEED MARTIN CORP COMMON 539830109 263,432 8,059
LOEWS CORP COMMON 540424108 512,373 7,300
LONE STAR INDUSTRIES INC N COMMON 542290408 468,825 9,400
LOWES CO COMMON 548661107 11,800,181 242,055
LSI INDUSTRIES INC COMMON 50216C108 3,550,704 155,222
LSI LOGIC CORP COMMON 502161102 293,800 5,650
LUCENT TECHNOLOGIES INC COMMON 549463107 14,098,680 217,321
LYCOS INC COMMON 550818108 219,748 4,384
M & T BANK CORPORATION COMMON 55261F104 1,895,670 4,130
M D C HOLDINGS INC COMMON 552676108 823,969 50,900
MADE-TO-MANAGE SYSTEMS INC COMMON 556466100 1,169,797 143,975
MAIL-WELL INC COMMON 560321200 5,293,313 381,500
MALLON RESOURCES CORP NEW COMMON 561240201 175,503 20,575
MARINE DRILLING COMPANIES COMMON 568240204 183,431 11,600
MARINER POST ACCUTE NETWORK 568459101 38,176.87 101,805.00
MARRIOTT INTERNATIONAL INC COMMON 571903202 4,196,649 128,385
MARSH & MCLENNAN CO INC COMMON 571748102 589,717 8,609
MARSH SUPERMARKETS INC COMMON 571783208 727,884 58,521
MARTIN MARIETTA MATERIALS COMMON 573284106 276,970 6,935
MASCO CORP COMMON 574599106 1,076,475 34,725
MASTERS SELECT EQUITY EQUITY 576417109 644,583 42,407
MATRIX CAPITAL CORP COMMON 576819106 386,400 32,200
MAXIM INTEGRATED PRODUCTS COMMON 57772K101 991,585 15,716
MAXIMUS INC COMMON 577933104 308,361 10,300
MAY DEPARTMENT STORES COMMON 577778103 10,641,281 292,038
MAYTAG CORP COMMON 578592107 336,462 10,100
MBIA INC COMMON 55262C100 9,154,120 196,335
MBNA CORPORATION COMMON 55262L100 2,063,596 90,457
MCDERMOTT INTL INC COMMON 580037109 408,038 20,150
MCDONALDS CORP COMMON 580135101 8,288,473 191,641
MCI WORLDCOM INC COMMON 55268B106 5,778,894 80,402
MEDIA METRIX INC COMMON 58440X103 373,272 5,342
</TABLE>
<PAGE> 17
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C>
MEDIA ONE GROUP INC COMMON 58440J104 1,850,531 27,089
MEDICAL MANAGER CORP NEW COMMON 58461U103 995,000 20,000
MEDICIS PHARMACEUTICAL COMMON 584690309 2,630,550 92,300
MEDIMMUNE INC COMMON 584699102 277,442 2,784
MEDTRONIC INC COMMON 585055106 18,831,497 529,525
MELLON BANK CORP COMMON 585509102 8,635,775 256,826
MERCANTILE BANCSHARES CORP COMMON 587405101 2,342,440 75,714
MERCK & COMPANY INC COMMON 589331107 24,442,537 377,124
MEREDITH CORP COMMON 589433101 754,584 20,780
MERRILL LYNCH & CO INC COMMON 590188108 1,117,819 16,591
MESA LABORATORIES INC COMMON 59064R109 279,584 63,905
MESSAGEMEDIA INC COMMON 590787107 163,400 15,200
MET PRO CORP COMMON 590876306 591,250 55,000
METAL MANAGEMENT INC 591097100 0.00 37,709.00
METAMOR WORLDWIDE INC COMMON 59133P100 296,425 16,700
MGIC INVESTMENT CORP COMMON 552848103 10,863,125 227,500
MICHAEL FOODS INC NEW COMMON 594079105 2,993,406 113,900
MICROSOFT CORP COMMON 594918104 19,627,628 216,729
MICROSOFT CORP 594918104 744,427.86 8,220.00
MILACRON INC COMMON 598709103 5,807,356 327,175
MINDSPRING ENTERPRISES INC COMMON 602683104 358,283 12,940
MINNESOTA MINING & COMMON 604059105 9,690,932 100,881
MOBIL CORP COMMON 607059102 15,256,271 151,427
MOLEX INC COMMON 608554101 362,950 9,978
MOLEX INC CLASS A COMMON 608554200 246,698 7,620
MONSANTO CO COMMON 611662107 1,773,051 49,682
MORGAN STANLEY DEAN COMMON 617446448 30,991,225 347,482
MORGAN STANLEY EMERGING COMMON 61744G107 120,274 10,934
MORRISON KNUDSEN NEW COMMON 61844A109 659,516 63,950
MORTGAGE REALTY TRUST NEW COMMON 619088206 106,250 10,000
MOTOROLA INC COMMON 620076109 7,996,560 90,870
MUELLER INDUSTRIES INC COMMON 624756102 3,696,156 124,500
NAME OF ISSUER TITLE OF CUSIP FAIR MKT SHARES OF
NATIONAL CITY CORP COMMON 635405103 6,328,953 237,146
NATIONAL COMPUTER SYSTEMS COMMON 635519101 682,523 17,800
</TABLE>
<PAGE> 18
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C>
NATIONAL GOLF PROPERTIES COMMON 63623G109 2,383,875 105,950
NATIONAL SERVICES INDUSTRI COMMON 637657107 1,285,988 40,825
NBT BANCORP INC 628778102 200,969.30 11,608.00
NCI BUILDING SYSTEMS COMMON 628852105 2,077,099 125,406
NCO GROUP INC COMMON 628858102 1,320,700 28,100
NCR CORP COMMON 62886E108 371,727 11,243
NESTLES SA SPONSORED ADR COMMON 641069406 258,136 2,700
NETMANAGE INC COMMON 641144100 35,896 17,400
NETWORKS ASSOCIATES INC COMMON 640938106 317,954 16,625
NEW ARCADIA RESOURCES LTD COMMON 642005102 1,126 41,700
NEW ENGLAND HIGH INCOME EQUITY 644037509 143,292 17,223
NEW YORK TIMES CO COMMON 650111107 9,930,001 264,800
NEWELL RUBBERMAID INC COMMON 651229106 10,633,520 372,283
NEWMONT MINING CORP COMMON 651639106 340,696 13,167
NEXTEL COMMUNICATIONS INC COMMON 65332V103 873,093 12,875
NIAGARA BANCORP INCORPORATED 652914102 218,154.20 20,900.00
NISOURCE INC COMMON 65473P105 5,019,477 226,869
NOBLE AFFILIATES INC COMMON 654894104 474,150 16,350
NOKIA CORP ADR COMMON 654902204 2,596,309 28,888
NORFOLK SOUTHERN CO COMMON 655844108 754,233 30,785
NORTEL NETWORKS CORP COMMON 656569100 756,330 14,830
NORTHERN TRUST CORP COMMON 665859104 896,373 10,735
NORTHLAND CRANBERRIES INC COMMON 666499108 68,556 10,497
NORTHROP CORP COMMON 666807102 2,224,705 35,000
NORTHWEST INDIANA BANCORP 667516108 224,639.50 10,826.00
NORTHWEST TELEPRODUCTIONS INC 667822100 10,116.25 16,186.00
NOVARTIS A G ADR COMMON 66987V109 381,505 5,135
NOVELLUS SYSTEMS INC COMMON 670008101 408,000 6,050
OAK HILL FINANCIAL CORP COMMON 671337103 358,369 20,333
O'CHARLEY'S INC COMMON 670823103 2,415,313 163,750
OFFICEMAX INC COMMON 67622M108 137,187 23,600
OLD KENT FINANCIAL CORP COMMON 679833103 4,723,638 127,236
OLD NATIONAL BANCORP COMMON 680033107 1,755,629 60,801
OLD REPUBLIC INTERNATIONAL COMMON 680223104 545,381 37,774
OMNICARE INC COMMON 681904108 1,377,097 143,075
</TABLE>
<PAGE> 19
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C>
ON ASSIGNMENT INC COMMON 682159108 938,400 39,100
ORACLE SYSTEMS CORP COMMON 68389X105 4,479,362 98,448
ORBOTECH LIMITED COMMON M75253100 314,944 5,090
PACCAR INC COMMON 693718108 1,631,816 32,075
PACHOLDER FUND INC TAX BO 693742108 173,462 12,849
PAINE WEBBER GROUP COMMON 695629105 4,930,435 136,012
PALL CORP COMMON 696429307 2,997,049 129,250
PARK PLACE ENTERTAINMENT CORP 700690100 321,875.00 50,000.00
PARKER HANNIFIN CORP COMMON 701094104 7,675,212 171,272
PATTERSON DENTAL COMMON 703412106 814,072 16,425
PAYCHEX INC COMMON 704326107 232,085 6,801
PECO ENERGY COMPANY COMMON 693304107 205,455 5,479
PENNSYLVANIA ENTERPRISES I COMMON 708720107 300,052 9,250
PENWEST PHARMACEUTICALS CO COMMON 709754105 195,696 26,535
PEOPLES BANK CORPORATION COMMON 710313107 2,474,721 37,782
PEPSICO INC COMMON 713448108 7,259,836 238,027
PERFORMANCE TECHNOLOGY INC 71376K102 229,014.45 10,150.00
PERSONNEL GROUP AMERICA COMMON 715338109 1,227,188 196,350
PETSMART INC COMMON 716768106 127,834 34,400
PFIZER INC COMMON 717081103 13,998,739 389,930
PHARMACEUTICAL PRODUCT COMMON 717124101 385,189 28,400
PHARMACIA-UPJOHN INC COMMON 716941109 1,364,042 27,487
PHILADELPHIA SUBURBAN CORP COMMON 718009608 262,091 11,123
PHILIP MORRIS COMPANIES IN COMMON 718154107 3,144,954 91,990
PHILLIPS PETROLEUM CO COMMON 718507106 1,024,726 21,020
PILGRIMS PRIDE CORP COMMON 721467108 453,731 52,225
PILGRIMS PRIDE CORP CL A COMMON 721467207 138,949 27,112
PIMCO MID CAP GROWTH FUND EQUITY 69338T195 257,110 12,463
PIONEER STANDARD COMMON 723877106 1,081,161 74,883
PITNEY BOWES INC COMMON 724479100 25,458,738 417,781
PITTSTON BRINK'S GROUP COMMON 725701106 1,164,038 50,200
PNC BANK CORP COMMON 693475105 2,963,542 56,247
PRAXAIR INC COMMON 74005P104 1,769,850 38,475
PRE PAID LEGAL SERVICES COMMON 740065107 419,777 10,661
PREMARK INTL INC COMMON 740459102 9,380,375 185,750
</TABLE>
<PAGE> 20
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C>
PREMIER CONCEPTS INC CL A 740474309 19,564.00 19,564.00
PRIDE INTERNATIONAL INC COMMON 741932107 1,209,173 85,225
PRIME MEDICAL SERVICES INC COMMON 74156D108 1,081,100 113,800
PRIORITY HEALTHCARE COMMON 74264T201 388,647 14,328
PRISON REALTY TRUST INC COMMON 74264N105 1,830,726 170,300
PROCTER & GAMBLE CO COMMON 742718109 64,503,281 688,035
PROGRESS SOFTWARE CORP COMMON 743312100 1,662,091 52,975
PROGRESSIVE CORP OHIO COMMON 743315103 2,866,432 35,090
PROTECTIVE LIFE CORP COMMON 743674103 2,463,260 84,940
PROVIDENT BANKSHARES CORP COMMON 743859100 2,565,254 120,542
PROVIDENT FINANCIAL GROUP COMMON 743866105 8,730,878 238,790
PROVIDIAN FINANCIAL CORP COMMON 74406A102 29,371,463 370,908
PSC INC 6.94E+111 397,600.00 49,700.00
PULTE CORPORATION COMMON 745867101 4,350,000 200,000
QUAKER OATS CO COMMON 747402105 502,920 8,128
QUALCOMM INC COMMON 747525103 22,141,807 117,036
QUALITY DINING INC COMMON 74756P105 81,113 30,900
QUEST DIAGNOSTICS INC COMMON 74834L100 447,200 17,200
QWEST COMMUNICATIONS COMMON 749121109 1,793,469 60,666
R & B FALCON CORP COMMON 74912E101 679,363 51,761
RALSTON PURINA GROUP COMMON 751277302 217,425 7,800
RAMBUS INC COMMON 750917106 869,929 13,131
RANGE RESOURCES CORP COMMON 75281A109 970,317 196,500
RAYTHEON COMPANY CLASS B COMMON 755111408 866,751 17,466
REAL SILK INVESTMENTS INC COMMON 756027108 411,607 463
REHABCARE CORP COMMON 759148109 462,388 26,050
RELIANCE STEEL & ALUMINUM COMMON 759509102 3,285,219 156,439
RENTRAK CORPORATION 760174102 202,146.00 42,000.00
REPUBLIC NEW YORK CORP COMMON 760719104 759,988 12,370
RESOURCE AMERICA INC NEW 761195205 70,453.12 10,020.00
REUTERS GROUP PLC ADR COMMON 76132M102 242,096 3,515
REYNOLDS METALS CO COMMON 761763101 472,978 7,834
RICHARDSON ELECTRONICS LIM COMMON 763165107 221,126 26,600
RJ REYNOLDS TOBACCO HLDGS COMMON 76182K105 295,668 10,951
RMS TITANIC INC COMMON 749612107 203,100 100,000
</TABLE>
<PAGE> 21
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C>
ROGERS COMMUNICATIONS INC COMMON 775109200 261,442 15,550
ROHM & HAAS CO COMMON 775371107 16,067,895 444,786
ROSLIN BANCORP COMMON 778162107 2,893,963 161,900
ROSS STORES COMMON 778296103 1,396,675 69,400
ROYAL BANK OF SCOTLAND 8.50% 780097853 1,127,000.00 46,000.00
ROYAL CARIBBEAN COMMON V7780T103 13,626,675 302,815
ROYAL DUTCH PETROLEUM CO COMMON 780257804 2,566,818 43,459
ROYCE FOCUS TRUST INC EQUITY 78080N108 73,120 14,999
ROYCE TOTAL RETURN FUND EQUITY 780905881 307,982 42,189
RPM INC OHIO COMMON 749685103 1,061,210 87,070
RYDEX RETAILING INVEST FD EQUITY 783554645 317,407 26,808
SAFEWAY INCORPORATED COMMON 786514208 562,343 14,774
SANTA FE SNYDER CORP COMMON 80218K105 568,404 63,156
SAP AKTIENGESELLSCHAFT COMMON 803054204 218,950 5,800
SARA LEE CORP COMMON 803111103 12,847,250 549,615
SAVOIR TECHNOLOGY GROUP IN COMMON 80533W107 2,737,287 324,400
SBC COMMUNICATIONS INC COMMON 78387G103 14,441,330 282,814
SCHERING PLOUGH CORP COMMON 806605101 6,315,766 144,714
SCHLUMBERGER LIMITED COMMON 806857108 2,032,650 32,620
SEAGRAMS CO LIMITED COMMON 811850106 341,250 7,500
SEARS ROEBUCK & CO COMMON 812387108 320,276 10,208
SECURITY BANC CORP 813767100 211,426.06 7,741.00
SELIGMAN NEW TECHNOLOGIES 81634M105 313,440.00 12,000.00
SEQUA CORP CLASS A COMMON 817320104 688,275 10,925
SERVICE CORP INTERNATIONAL COMMON 817565104 107,742 10,200
SFX BROADCASTING INC CL A COMMON 784174104 1,006,717 13,334
SFX ENTERTAINMENT INC CL A COMMON 784178105 565,736 18,473
SHAW INDUSTRIES COMMON 820286102 328,343 20,683
SHELL TRANSPORTATION & COMMON 822703609 1,440,530 31,660
SHERWIN WILLIAMS CO COMMON 824348106 22,706,601 1,076,710
SIMON PROPERTY GROUP INC COMMON 828806109 5,198,436 231,680
SKY FINANCIAL GROUP COMMON 83080P103 328,319 13,971
SLI INC COMMON 78442T108 703,329 33,000
SLM HOLDING CORPORATION COMMON 78442A109 331,100 7,700
SMART MODULE TECHNOLOGIES COMMON 831690102 224,816 6,600
</TABLE>
<PAGE> 22
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C>
SMITHFIELD FOODS COMMON 832248108 2,573,350 96,200
SOLECTRON CORP COMMON 834182107 1,221,970 17,016
SONIC AUTOMOTIVE INC COMMON 83545G102 552,500 42,500
SOUTHDOWN INC COMMON 841297104 4,144,967 77,476
SOUTHERN CO COMMON 842587107 1,099,834 42,712
SOUTHERN ENERGY HOMES INC 842814105 43,987.50 15,300.00
SOUTHERN MINERAL CORP CONV C 843367AA1 8,500 25,000
SOUTHWEST AIRLINES CO COMMON 844741108 18,594,532 1,224,291
SOVRAN SELF STORAGE INC 9.85% 84610H207 2,666,292.75 114,066.00
SPIEKER PROPERTIES INC COMMON 848497103 280,972 8,100
SPRINT CORP COMMON 852061100 910,966 16,792
ST JOE PAPER CO COMMON 790148100 277,085 12,850
ST MARY LAND EXPLORATION 792228108 208,632.60 7,710.00
ST PAUL BANCORP INC COMMON 792848103 2,340,844 102,332
ST PAUL COMPANIES INC COMMON 792860108 1,024,210 37,244
STANDARD & POOR DEPOSITORY COMMON 78462F103 917,859 7,129
STAR MULTI CARE SERVICE IN COMMON 855156105 12,938 11,500
STAR MULTI CARE SERVICE INC 855156105 17,268.75 15,350.00
STARBUCKS CORPORATION 855244109 396,496.00 16,000.00
STEEL DYNAMICS INC COMMON 858119100 755,864 48,181
STERIS CORP COMMON 859152100 375,843 27,334
STERLING SOFTWARE INC COMMON 859547101 508,800 25,440
STEWART INFORMATION SERV COMMON 860372101 237,154 12,950
STOLT COMEX S A COMMON L8873E103 279,714 24,725
SUBURBAN PROPANE PARTNERS COMMON 864482104 330,585 16,225
SUIZA FOODS CORP COMMON 865077101 345,000 9,200
SUN COMMUNITIES INC COMMON 866674104 837,982 25,345
SUN MICROSYSTEMS INC COMMON 866810104 105,163,098 1,130,786
SUNTERRA CORP COMMON 86787D109 1,785,109 150,325
SUNTRUST BANKS INC COMMON 867914103 13,539,109 205,918
SUPER VALUE STORES (NEW) COMMON 868536103 5,005,279 226,863
SUPERIOR FINANCIAL CORP COMMON 868161100 257,861 21,600
SWEPCO CAPITAL I 70695202 258,137.50 10,700.00
SYMBOL TECHNOLOGIES COMMON 871508107 427,845 12,724
SYNOPSYS INC COMMON 871607107 421,900 7,513
</TABLE>
<PAGE> 23
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C>
TAP OIL NL FOREIGN AUD Q8846V104 0.00 20,000.00
TCF FINANCIAL CORP COMMON 872275102 1,490,989 52,200
TECHNITROL INC COMMON 878555101 3,504,731 99,425
TELECOMUNICACOES BRASILE COMMON 879287308 225,720 3,040
TELEFONICA S A ADR COMMON 879382208 633,606 13,200
TELEPHONE & DATA SYS COMMON 879433100 30,379,924 342,066
TELEPHONE & DATA SYSTEMS INC 879433100 14,987,193.7 168,750.00
TELLABS INC COMMON 879664100 1,986,624 34,891
TEMPLE INLAND INC COMMON 879868107 1,261,480 20,680
TEMPLETON FOREIGN EQUITY 880196407 163,209 16,224
TENET HEALTHCARE CORP COMMON 88033G100 4,506,665 256,600
TETRA TECH INC COMMON 88162G103 411,459 24,656
TEXACO INC COMMON 881694103 2,192,016 34,725
TEXAS INSTRUMENTS INC COMMON 882508104 2,521,620 30,658
TEXAS UTILITIES CO COMMON 882848104 311,526 8,349
TEXTRON INC COMMON 883203101 31,592,987 408,310
THE AES CORP COMMON 00130H105 206,500 3,500
THE ALLSTATE CORPORATION COMMON 020002101 17,880,047 716,980
THE FARMERS BANCORP COMMON 30887A102 1,169,615 25,153
THE REYNOLDS & REYNOLDS CO COMMON 761695105 3,982,885 195,479
THE TIMBERLAND CO COMMON 887100105 3,597,702 92,100
THE WILLIAMS COMPANIES COMMON 969457100 764,164 20,310
THOMAS INDUSTRIES INC COMMON 884425109 1,970,649 105,450
THOR INDUSTRIES INC COMMON 885160101 1,411,425 55,350
THORNBURG MORTGAGE ASSET COMMON 885218107 8,498,560 139,894
THORNBURG VALUE FUND A EQUITY 885215731 1,139,559 43,495
TIDEWATER INC COMMON 886423102 464,100 18,200
TIME WARNER INC COMMON 887315109 6,217,702 102,349
TIME WARNER INC 887315109 2,280,858.75 37,545.00
TIMOTHY PLAN SMALL CAP EQUITY 887432409 275,293 26,990
TOLL BROTHERS INC COMMON 889478103 987,463 51,800
TOMMY HILFIGER CORP COMMON G8915Z102 13,088,816 464,340
TOOTSIE ROLL INDUSTRIES IN COMMON 890516107 459,264 13,970
TOWER AUTOMOTIVE INC COMMON 891707101 2,600,357 131,245
TRANSOCEAN OFFSHORE INC COMMON G90076103 15,790,067 515,594
</TABLE>
<PAGE> 24
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C>
TRANSTECHNOLOGY CORP COMMON 893889105 1,150,229 99,475
TRIBUNE CO NEW COMMON 896047107 1,617,273 32,508
TRICO MARINE SERVICES INC 896106101 149,634.00 18,000.00
TRICON GLOBAL RESTAURANTS COMMON 895953107 217,545 5,314
TRINITY INDUSTRIES INC COMMON 896522109 5,281,941 171,075
TRIUMPH GROUP INC COMMON 896818101 3,127,793 117,750
TRW INC COMMON 872649108 1,259,670 25,320
TUNDRA GOLD MINES LIMITED 899729107 0.00 20,400.00
TYCO INTERNATIONAL LTD NEW COMMON 902124106 15,052,199 145,784
U N B CORP COMMON 903056109 336,368 20,860
U S FREIGHTWAYS CORP COMMON 916906100 2,634,050 55,600
U S WEST COMMUNICATIONS COMMON 91273H101 639,619 11,209
UNIFIRST CORP COMMON 904708104 2,129,875 154,900
UNION ACCEPTANCE CORP A 904832102 86,787.50 13,100.00
UNION PACIFIC CORP COMMON 907818108 600,788 12,500
UNISYS CORP COMMON 909214108 413,571 9,165
UNITED BANK SWITZERLAND COMMON H8919P109 423,038 1,507
UNITED COMMUNITY FINANCIAL 909839102 273,776.25 19,911.00
UNITED DOMINION IND LTD COMMON 909914103 1,569,875 66,100
UNITED HEALTHCARE CORP COMMON 910581107 1,774,678 36,450
UNITED STATES TRUST CORP COMMON 91288L105 434,026 5,400
UNITED TECHNOLOGIES CORP COMMON 913017109 481,206 8,113
UNITED WATER RESOURCES INC COMMON 913190104 376,949 11,554
UNIVERSAL HEALTH SERVICES COMMON 913903100 2,486,588 96,100
UNUMPROVIDENT CORP COMMON 91529Y106 3,230,850 109,751
URS CORPORATION COMMON 903236107 3,048,413 124,425
US BANCORP COMMON 902973106 377,924 12,519
US LEC CORPORATION CLASS A 90331S109 1,329,750.00 54,000.00
USA NETWORKS INCORPORATED COMMON 902984103 7,945,262 205,039
USX MARATHON GROUP INC COMMON 902905827 233,357 7,978
VARIAN SEMICONDUCTOR COMMON 922207105 223,268 10,600
VERAMARK TECHNOLOGIES INC 923351100 2,187,918.00 188,208.00
VESTA INSURANCE GROUP INC COMMON 925391104 75,002 16,667
VESTAUR SECURITIES INC 925464109 328,250.00 26,000.00
VIACOM INC CLASS A COMMON COMMON 925524100 3,903,919 90,264
</TABLE>
<PAGE> 25
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C>
VICTORY ESTABLISHED VALUE EQUITY 926464371 18,460,561 563,509
VICTORY INTERNATIONAL EQUITY 926464439 4,272,439 275,819
VISTANA, INC COMMON 92839P108 629,250 41,950
VISX INC COMMON 92844S105 1,174,941 14,855
VITAFORT INTERNATIONAL CORP 928467307 24,000.00 60,000.00
VITESSE SEMICONDUCTOR COMMON 928497106 1,108,338 12,982
VODAFONE AIRTOUCH PLC COMMON 92857T107 3,624,499 15,245
W L R FOODS INC COMMON 929286102 72,387 10,529
W W GRAINGER COMMON 384802104 4,125,007 85,825
WABASH NATIONAL CORP 929566107 304,695.00 15,000.00
WACHOVIA CORPORATION COMMON 929771103 1,034,548 13,158
WAL MART STORES INC COMMON 931142103 4,200,859 88,322
WALGREEN CO COMMON 931422109 18,588,482 732,551
WALT DISNEY COMPANY COMMON 254687106 4,456,010 171,385
WARNER LAMBERT CO COMMON 934488107 5,071,718 76,410
WASHINGTON MUTUAL SAVINGS COMMON 939322103 337,194 11,528
WATERLINK INC COMMON 94155N105 39,375 15,000
WATSCO INC CLASS A COMMON 942622200 1,978,682 173,950
WAVO CORPORATION COMMON 944027101 126,453 28,500
WELLPOINT HEALTH NETWORKS COMMON 94973H108 4,560,000 80,000
WELLS FARGO & CO COMMON 949746101 26,790,780 676,108
WENDYS INTERNATIONAL INC COMMON 950590109 13,335,781 503,237
WEST PHARMACEUTICALS COMMON 955306105 1,278,511 33,700
WHIRLPOOL CORP COMMON 963320106 7,556,714 115,700
WHITMAN CORP NEW COMMON 96647R107 235,268 16,510
WINTON FINANCIAL CORPORATION 976446104 478,016.00 32,000.00
WM WRIGLEY JR CO COMMON 982526105 216,761 3,150
WORLD FUEL SERVICES CORP COMMON 981475106 801,450 82,200
WORTHINGTON INDUSTRIES COMMON 981811102 2,438,310 143,430
WTS VIEWCAST.COMM WRTRHT 926713116 81,260 20,000
WYNN INTERNATIONAL INC COMMON 983195108 3,167,678 198,750
XEROX CORP COMMON 984121103 614,350 14,649
XILINX INC COMMON 983919101 1,235,914 18,860
XIRCOM COMMON 983922105 434,350 10,175
XL CAPITAL LIMITED COMMON G98255105 5,234,625 116,325
YAHOO INC COMMON 984332106 801,288 4,464
</TABLE>
