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: Pilgrim Investments, Inc.
Address: 40 North Central Ave, 12th Floor, Phoenix, AZ 85004-4424
Form 13F File Number: 28-7736
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: Robyn L. Ichilov
Title: Vice President
Phone: (602) 417-8143
Signature, Place, and Date of Signing:
/s/ Robyn L. Ichilov Phoenix, AZ August 16, 1999
- -------------------- ------------- ---------------
[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).)
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: 0
Form 13F Information Table Entry Total: 700
Form 13F Information Table Value Total: $2,223,885
(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.]
NONE
<PAGE>
<TABLE>
<CAPTION>
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
IN-
VEST-
MENT
DIS- OTHER VOT-
TITLE OF CUSIP MARKET SHARES OR SH PUT/ CRE- MANA- ING AUTHORITY
NAME OF ISSUER CLASS NUMBER VALUE PRN AMT PRN CALL TION GERS SOLE SHARED NONE
-------------- ----- ------ ----- ------- -------- ---- ---- ---- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
21st Century Holding Company Common 90136Q100 1,216,875.00 177,000 SH N/A SOLE PII 177,000 N/A N/A
24 / 7 Media Inc Common 901314104 569,800.00 14,800 SH N/A SOLE PII 14,800 N/A N/A
99 Cents Only Stores Common 65440K106 1,921,644.94 38,481 SH N/A SOLE PII 38,481 N/A N/A
Abacus Direct Corp Common 002553105 1,079,700.00 11,800 SH N/A SOLE PII 11,800 N/A N/A
Abbott Laboratories Common 002824100 9,504,950.00 208,900 SH N/A SOLE PII 208,900 N/A N/A
Abercrombie & Fitch Co CL A 002896207 3,196,800.00 66,600 SH N/A SOLE PII 66,600 N/A N/A
Abovenet Communications Common 003743101 1,082,050.00 26,800 SH N/A SOLE PII 26,800 N/A N/A
Acclaim Entertainment Inc Com Par $0.02 004352205 248,625.00 39,000 SH N/A SOLE PII 39,000 N/A N/A
Action Performance Cos Inc Common 004933107 1,607,100.00 48,700 SH N/A SOLE PII 48,700 N/A N/A
Advance Paradigm Inc Common 007491103 707,600.00 11,600 SH N/A SOLE PII 11,600 N/A N/A
Advantage Learning Sys Inc Common 00757K100 497,812.50 22,500 SH N/A SOLE PII 22,500 N/A N/A
Aeroflex Inc Common 007768104 227,125.00 11,500 SH N/A SOLE PII 11,500 N/A N/A
AES Corporation Common 00130H105 3,906,000.00 67,200 SH N/A SOLE PII 67,200 N/A N/A
Affiliated Computer Services CL A 008190100 1,620,000.00 32,000 SH N/A SOLE PII 32,000 N/A N/A
Affiliated Managers Group Common 008252108 483,000.00 16,000 SH N/A SOLE PII 16,000 N/A N/A
AFLAC, Inc. Common 001055102 11,490,000.00 240,000 SH N/A SOLE PII 240,000 N/A N/A
Airtouch Communciations PFD C Cv 4.25% 00949T308 3,933,213.50 26,632 SH N/A SOLE PII 26,632 N/A N/A
AK Steel Holdings Inc Common 001547108 1,941,750.00 86,300 SH N/A SOLE PII 86,300 N/A N/A
Alabama National Bancorp Common 010317105 4,337,500.00 173,500 SH N/A SOLE PII 173,500 N/A N/A
Albertson's Inc Common 013104104 5,259,375.00 102,000 SH N/A SOLE PII 102,000 N/A N/A
Alcoa, Inc. Common 013817101 792,000.00 12,800 SH N/A SOLE PII 12,800 N/A N/A
Alkermes Inc Common 01642T108 656,750.00 28,400 SH N/A SOLE PII 28,400 N/A N/A
Allergan Inc Common 018490102 3,063,600.00 27,600 SH N/A SOLE PII 27,600 N/A N/A
Alliance Cap. Mgmt. L P Unit LTD Partn. 018548107 31,889,206.25 986,900 SH N/A SOLE PII 986,900 N/A N/A
AlliedSignal, Inc. Common 019512102 5,040,000.00 80,000 SH N/A SOLE PII 80,000 N/A N/A
Allmerica Financial Corp. Common 019754100 1,453,418.75 23,900 SH N/A SOLE PII 23,900 N/A N/A
Allstate Corp Common 020002101 5,625,200.00 156,800 SH N/A SOLE PII 156,800 N/A N/A
Alltel Common 020039103 11,611,600.00 162,400 SH N/A SOLE PII 162,400 N/A N/A
Alpha Industries Inc Common 020753109 1,638,300.00 34,400 SH N/A SOLE PII 34,400 N/A N/A
Alpharma Inc CL A 020813101 999,306.25 28,100 SH N/A SOLE PII 28,100 N/A N/A
America Online, Inc. Common 02364J104 762,450.00 6,900 SH N/A SOLE PII 6,900 N/A N/A
American Capital Strategies Common 024937104 350,400.00 19,200 SH N/A SOLE PII 19,200 N/A N/A
American Classic Voyages Common 024928103 492,000.00 20,500 SH N/A SOLE PII 20,500 N/A N/A
American Eagle Outfitters Common 02553E106 2,538,900.00 55,800 SH N/A SOLE PII 55,800 N/A N/A
American Express Common 025816109 858,825.00 6,600 SH N/A SOLE PII 6,600 N/A N/A
American General Corp. Common 026351106 4,899,375.00 65,000 SH N/A SOLE PII 65,000 N/A N/A
American General Del MIPS Ser A 02637G200 3,394,050.00 36,300 SH N/A SOLE PII 36,300 N/A N/A
American International Group Common 026874107 12,624,839.44 107,847 SH N/A SOLE PII 107,847 N/A N/A
American Safety Insurance Group Ord. G02995101 3,628,125.00 430,000 SH N/A SOLE PII 430,000 N/A N/A
American Tower Corp CL A 029912201 3,518,400.00 146,600 SH N/A SOLE PII 146,600 N/A N/A
American Xtal Technology Common 030514103 1,002,506.25 42,100 SH N/A SOLE PII 42,100 N/A N/A
Ameritech Corp New Common 030954101 176,400.00 2,400 SH N/A SOLE PII 2,400 N/A N/A
Ames Dept Stores Common 030789507 2,564,125.00 56,200 SH N/A SOLE PII 56,200 N/A N/A
Amgen Inc. Common 031162100 6,197,075.00 101,800 SH N/A SOLE PII 101,800 N/A N/A
Analog Devices Common 032654105 7,414,651.06 147,739 SH N/A SOLE PII 147,739 N/A N/A
Ancor Communications Inc Common 03332K108 2,386,037.50 73,700 SH N/A SOLE PII 73,700 N/A N/A
Andrx Corporation Common 034551101 1,403,675.00 18,200 SH N/A SOLE PII 18,200 N/A N/A
Anglo American PLC ADR 03485P102 944,011.27 20,200 SH N/A SOLE PII 20,200 N/A N/A
Anheuser Busch Company Common 035229103 766,125.00 10,800 SH N/A SOLE PII 10,800 N/A N/A
Ann Taylor Stores Corp Common 036115103 2,034,000.00 45,200 SH N/A SOLE PII 45,200 N/A N/A
Antec Corporation Common 03664P105 577,125.00 18,000 SH N/A SOLE PII 18,000 N/A N/A
Apache Common 037411105 2,761,200.00 70,800 SH N/A SOLE PII 70,800 N/A N/A
Apache Corp ACES C DP 037411600 4,096,755.00 105,045 SH N/A SOLE PII 105,045 N/A N/A
Apex PC Solutions Common 037945102 1,149,025.00 56,050 SH N/A SOLE PII 56,050 N/A N/A
Applied Graphics Technologies,
Inc. Common 037937109 12,058,895.00 955,160 SH N/A SOLE PII 955,160 N/A N/A
Applied Micro Circuits Common 03822W109 5,749,275.00 69,900 SH N/A SOLE PII 69,900 N/A N/A
Applied Power Inc. CL A 038225108 1,270,031.25 46,500 SH N/A SOLE PII 46,500 N/A N/A
Applied Theory Corp Common 03828R107 59,925.00 4,700 SH N/A SOLE PII 4,700 N/A N/A
Apria Healthcare Group Common 037933108 1,650,700.00 97,100 SH N/A SOLE PII 97,100 N/A N/A
Aracruz Celulose Sa Sponsored ADR 038496204 2,915,000.00 132,500 SH N/A SOLE PII 132,500 N/A N/A
Arm Financial Group, Inc. CL A 001944107 9,783,500.00 1,151,000 SH N/A SOLE PII 1,151,000 N/A N/A
Arm Holdings PLC Sponsored ADR 042068106 1,649,157.18 65,860 SH N/A SOLE PII 65,860 N/A N/A
Asia Pulp & Paper Sponsored ADR 04516V100 2,127,125.00 221,000 SH N/A SOLE PII 221,000 N/A N/A
ASM Lithography Holding NV NY Shs N07059111 3,034,062.50 51,100 SH N/A SOLE PII 51,100 N/A N/A
Associated Bancorp Common 045487105 11,456,365.50 276,057 SH N/A SOLE PII 276,057 N/A N/A
Astoria Financial Corp. Common 046265104 10,764,687.50 245,000 SH N/A SOLE PII 245,000 N/A N/A
At Home Corp Com Ser A 045919107 7,847,906.25 145,500 SH N/A SOLE PII 145,500 N/A N/A
AT&T Corp Common 001957109 13,010,340.25 233,108 SH N/A SOLE PII 233,108 N/A N/A
AT&T Corp Liberty Media Com Lib Grp A 001957208 6,488,286.00 176,552 SH N/A SOLE PII 176,552 N/A N/A
ATI Technologies Inc Common 001941103 319,600.71 19,700 SH N/A SOLE PII 19,700 N/A N/A
Atlantic Richfield Co. Common 048825103 8,189,125.00 98,000 SH N/A SOLE PII 98,000 N/A N/A
Atlas Air Inc Common 049164106 512,775.00 15,900 SH N/A SOLE PII 15,900 N/A N/A
Atwood Oceanics Inc Common 050095108 284,375.00 9,100 SH N/A SOLE PII 9,100 N/A N/A
Automatic Data Processing Common 053015103 9,856,000.00 224,000 SH N/A SOLE PII 224,000 N/A N/A
Avery Dennison Corp. Common 053611109 10,807,125.00 179,000 SH N/A SOLE PII 179,000 N/A N/A
AVT Corporation Common 002420107 1,128,675.00 29,800 SH N/A SOLE PII 29,800 N/A N/A
Aware Inc Common 05453N100 682,650.00 14,800 SH N/A SOLE PII 14,800 N/A N/A
Bally Total Fitness Holdings Common 05873K108 698,025.00 24,600 SH N/A SOLE PII 24,600 N/A N/A
BancFirst Corp. Common 05945F103 496,625.00 14,500 SH N/A SOLE PII 14,500 N/A N/A
Banco Santander Central Hispano ADR 05964H105 1,188,541.64 114,200 SH N/A SOLE PII 114,200 N/A N/A
Bancwest Corporation Common 059790105 7,306,200.00 196,800 SH N/A SOLE PII 196,800 N/A N/A
Bank of the Ozarks Inc. Common 063904106 2,713,312.50 149,700 SH N/A SOLE PII 149,700 N/A N/A
Bank of Tokyo-Mitsubishi Ltd. Sponsored ADR 065379109 1,138,373.87 80,000 SH N/A SOLE PII 80,000 N/A N/A
BankAmerica Corp. Common 06605F102 1,466,250.00 20,000 SH N/A SOLE PII 20,000 N/A N/A
BankBoston Corp. Common 06605R106 36,861,125.00 721,000 SH N/A SOLE PII 721,000 N/A N/A
BankNorth Group, Inc. Common 06646L100 5,808,000.00 176,000 SH N/A SOLE PII 176,000 N/A N/A
Barclays Bk PLC SPN ADR UNIT C 06738C505 1,678,903.83 57,600 SH N/A SOLE PII 57,600 N/A N/A
Barrett Resources Corp Com Par $0.01 068480201 1,358,475.00 35,400 SH N/A SOLE PII 35,400 N/A N/A
Bausch & Lomb Inc Common 071707103 4,429,350.00 57,900 SH N/A SOLE PII 57,900 N/A N/A
Baxter International Common 071813109 8,305,625.00 137,000 SH N/A SOLE PII 137,000 N/A N/A
Bay Bancshares Inc. Common 07203N109 1,526,750.00 98,500 SH N/A SOLE PII 98,500 N/A N/A
Bebe Stores Inc Common 075571109 979,200.00 28,800 SH N/A SOLE PII 28,800 N/A N/A
Becton Dickinson & Co. Common 075887109 3,660,000.00 122,000 SH N/A SOLE PII 122,000 N/A N/A
Bed Bath & Beyond Common 075896100 2,825,900.00 73,400 SH N/A SOLE PII 73,400 N/A N/A
Bell Atlantic Corp. Common 077853109 6,434,207.50 98,420 SH N/A SOLE PII 98,420 N/A N/A
Bergen Brunswig Corp. CL A 083739102 1,537,699.50 89,142 SH N/A SOLE PII 89,142 N/A N/A
Best Buy Inc Common 086516101 4,029,750.00 59,700 SH N/A SOLE PII 59,700 N/A N/A
Big Flower Holdings Common 089159107 882,937.50 27,700 SH N/A SOLE PII 27,700 N/A N/A
Bindley Western Industries Inc Common 090324104 1,156,200.02 50,133 SH N/A SOLE PII 50,133 N/A N/A
Bindview Development Common 090327107 486,875.00 20,500 SH N/A SOLE PII 20,500 N/A N/A
Biogen Inc Common 090597105 1,865,062.50 29,000 SH N/A SOLE PII 29,000 N/A N/A
Biomatrix Inc Common 09060P102 1,412,112.50 65,300 SH N/A SOLE PII 65,300 N/A N/A
BJ Services Co Common 055482103 1,092,131.25 37,100 SH N/A SOLE PII 37,100 N/A N/A
Black Box Corp Common 091826107 937,337.50 18,700 SH N/A SOLE PII 18,700 N/A N/A
Blackrock 2001 Term Trust Common 092477108 1,206,000.00 134,000 SH N/A SOLE PII 134,000 N/A N/A
Blackrock Strategic Term Trust Common 09247P108 1,283,887.50 140,700 SH N/A SOLE PII 140,700 N/A N/A
BMC Software Common 055921100 3,969,000.00 73,500 SH N/A SOLE PII 73,500 N/A N/A
BNCCorp Inc. Common 055936108 441,000.00 49,000 SH N/A SOLE PII 49,000 N/A N/A
Bok Financial Corp. Common 05561Q201 1,669,883.50 66,134 SH N/A SOLE PII 66,134 N/A N/A
BP Amoco PLC Sponsored ADR 055622104 426,208.12 23,800 SH N/A SOLE PII 23,800 N/A N/A
Brightpoint Inc Common 109473108 344,350.00 56,800 SH N/A SOLE PII 56,800 N/A N/A
Bristol Myers Squibb Co. Common 110122108 10,833,287.50 153,800 SH N/A SOLE PII 153,800 N/A N/A
British American Tobacco PLC Sponsored ADR 110448107 1,505,298.05 161,300 SH N/A SOLE PII 161,300 N/A N/A
British Telecommunications PLC ADR FINAL INST 111021408 1,064,416.81 63,700 SH N/A SOLE PII 63,700 N/A N/A
Broken Hill Proprietary Ltd. Sponsored ADR 112169602 1,054,557.00 91,200 SH N/A SOLE PII 91,200 N/A N/A
BSB Bancorp Common 055652101 7,578,225.00 280,675 SH N/A SOLE PII 280,675 N/A N/A
Burlington Resources Inc Common 122014103 2,573,375.00 59,500 SH N/A SOLE PII 59,500 N/A N/A
Burr Brown Corp Common 122574106 842,375.00 23,000 SH N/A SOLE PII 23,000 N/A N/A
Business Objects Sponsored ADR 12328X107 646,050.00 17,700 SH N/A SOLE PII 17,700 N/A N/A
Cal Dive Intl Inc Common 127914109 809,612.50 27,100 SH N/A SOLE PII 27,100 N/A N/A
Campbell Soup Co Common 134429109 3,246,250.00 70,000 SH N/A SOLE PII 70,000 N/A N/A
Canadaigua Brands Inc CL A 137219200 676,443.75 12,900 SH N/A SOLE PII 12,900 N/A N/A
Capital One Financial Common 14040H105 2,505,937.50 45,000 SH N/A SOLE PII 45,000 N/A N/A
Caprock Communications Corp Common 140667106 1,215,000.00 30,000 SH N/A SOLE PII 30,000 N/A N/A
Career Education Corp Common 141665109 77,768.75 2,300 SH N/A SOLE PII 2,300 N/A N/A
Carnival Corp. Common 143658102 5,936,400.00 122,400 SH N/A SOLE PII 122,400 N/A N/A
Casella Waste Systems CL A 147448104 509,600.00 19,600 SH N/A SOLE PII 19,600 N/A N/A
C-Cube Microsystems Common 125015107 975,975.00 30,800 SH N/A SOLE PII 30,800 N/A N/A
CDNow Inc Common 125086108 341,925.00 19,400 SH N/A SOLE PII 19,400 N/A N/A
CDW Computer Centers Inc Common 125129106 1,452,000.00 33,000 SH N/A SOLE PII 33,000 N/A N/A
Century Business Services Common 156490104 1,030,950.00 71,100 SH N/A SOLE PII 71,100 N/A N/A
Cerner Corp Common 156782104 377,437.50 18,000 SH N/A SOLE PII 18,000 N/A N/A
CFI Proservices Common 12525N100 2,750,625.00 244,500 SH N/A SOLE PII 244,500 N/A N/A
Championship Auto Racing Team Common 158711101 290,393.75 9,700 SH N/A SOLE PII 9,700 N/A N/A
Chancellor Media Corp PFD Conv EX $3 158915405 1,409,600.00 12,800 SH N/A SOLE PII 12,800 N/A N/A
Charter One Financial, Inc. Common 160903100 55,003,112.56 1,977,640 SH N/A SOLE PII 1,977,640 N/A N/A
Chase Manhattan Corp.-New Common 16161A108 6,488,212.50 74,900 SH N/A SOLE PII 74,900 N/A N/A
Cheap Tickets Inc Common 162672109 700,800.00 19,200 SH N/A SOLE PII 19,200 N/A N/A
Chevron Corp. Common 166751107 8,623,987.50 160,600 SH N/A SOLE PII 160,600 N/A N/A
Chirex Inc Common 170038103 147,775.00 4,600 SH N/A SOLE PII 4,600 N/A N/A
Chittenden Corp Common 170228100 3,437,500.00 110,000 SH N/A SOLE PII 110,000 N/A N/A
Choicepoint Inc. Common 170388102 2,208,412.50 32,900 SH N/A SOLE PII 32,900 N/A N/A
Ciena Corp Common 171779101 2,925,168.75 96,900 SH N/A SOLE PII 96,900 N/A N/A
Cigna Corp. Common 125509109 6,176,600.00 69,400 SH N/A SOLE PII 69,400 N/A N/A
Cinar Corp SUB VTG Shs B 171905300 688,450.00 28,100 SH N/A SOLE PII 28,100 N/A N/A
Cincinnati Bell Inc. Common 171870108 1,645,875.00 66,000 SH N/A SOLE PII 66,000 N/A N/A
Circuit City Stores Circt City Grp 172737108 5,059,200.00 54,400 SH N/A SOLE PII 54,400 N/A N/A
Cisco Systems Common 17275R102 12,927,017.76 200,419 SH N/A SOLE PII 200,419 N/A N/A
CIT Group Inc CLA 125577106 1,155,000.00 40,000 SH N/A SOLE PII 40,000 N/A N/A
Citadel Communications Common 172853202 977,062.50 27,000 SH N/A SOLE PII 27,000 N/A N/A
Citigroup Inc Common 172967101 4,096,875.00 86,250 SH N/A SOLE PII 86,250 N/A N/A
Clarify Inc Common 180492100 1,080,750.00 26,200 SH N/A SOLE PII 26,200 N/A N/A
Clear Channel Communications Common 184502102 11.44 0 SH N/A SOLE PII 0 N/A N/A
CMGI Inc Common 125750109 2,566,406.25 22,500 SH N/A SOLE PII 22,500 N/A N/A
CNBT Bankshares, Inc Common 125972109 1,384,650.00 108,600 SH N/A SOLE PII 108,600 N/A N/A
Coca-Cola Common 191216100 762,500.00 12,200 SH N/A SOLE PII 12,200 N/A N/A
Coca-Cola Femsa Sa Sponsored ADR 191241108 889,312.50 45,900 SH N/A SOLE PII 45,900 N/A N/A
Coflexip Sponsored ADR 192384105 1,431,150.00 32,900 SH N/A SOLE PII 32,900 N/A N/A
Coinstar Inc Common 19259P300 275,400.00 9,600 SH N/A SOLE PII 9,600 N/A N/A
Colgate-Palmolive Company Common 194162103 794,937.50 8,050 SH N/A SOLE PII 8,050 N/A N/A
Colonial Bancgroup, Inc Common 195493309 4,041,875.00 290,000 SH N/A SOLE PII 290,000 N/A N/A
Colt Telecom Group PLC Sponsored ADR 196877104 1,083,478.64 51,600 SH N/A SOLE PII 51,600 N/A N/A
Columbia Bancorp Common 197227101 1,344,875.00 101,500 SH N/A SOLE PII 101,500 N/A N/A
Columbia Energy Group Common 197648108 1,454,350.00 23,200 SH N/A SOLE PII 23,200 N/A N/A
Comcast Corp. CL A SPL 200300200 7,295,437.50 189,800 SH N/A SOLE PII 189,800 N/A N/A
Comdisco Inc. Common 200336105 1,819,375.00 71,000 SH N/A SOLE PII 71,000 N/A N/A
Comerica, Inc. Common 200340107 40,280,793.75 677,700 SH N/A SOLE PII 677,700 N/A N/A
Commerce Bankshares, Inc. Common 200525103 5,088,727.00 126,428 SH N/A SOLE PII 126,428 N/A N/A
Commercial Federal Corp. Common 201647104 29,244,944.53 1,261,238 SH N/A SOLE PII 1,261,238 N/A N/A
Community Bank Systems, Inc. Common 203607106 5,366,812.50 211,500 SH N/A SOLE PII 211,500 N/A N/A
Community First Bankshares Common 203902101 8,057,191.75 337,474 SH N/A SOLE PII 337,474 N/A N/A
Compaq Computer Common 204493100 5,014,643.75 211,700 SH N/A SOLE PII 211,700 N/A N/A
Compass Bankshares, Inc. Common 20449H109 6,689,875.00 245,500 SH N/A SOLE PII 245,500 N/A N/A
Computer Sciences Common 205363104 15,899,287.50 229,800 SH N/A SOLE PII 229,800 N/A N/A
Comsat Corp. Com Ser 1 20564D107 2,437,500.00 75,000 SH N/A SOLE PII 75,000 N/A N/A
Comverse Technology Inc Com Par $0.10 205862402 3,661,750.00 48,500 SH N/A SOLE PII 48,500 N/A N/A
Concentric Network Corp Common 20589R107 1,979,550.00 49,800 SH N/A SOLE PII 49,800 N/A N/A
Concord EFS Inc Common 206197105 2,559,906.25 60,500 SH N/A SOLE PII 60,500 N/A N/A
Concur Technologies Inc Common 206708109 253,125.00 9,000 SH N/A SOLE PII 9,000 N/A N/A
Conexant Systems Inc Common 207142100 7,536,512.50 129,800 SH N/A SOLE PII 129,800 N/A N/A
Consolidated Graphics Inc Common 209341106 2,025,000.00 40,500 SH N/A SOLE PII 40,500 N/A N/A
Consolidated Stores Corp. Common 210149100 8,723,862.00 323,106 SH N/A SOLE PII 323,106 N/A N/A
Convergys Corp. Common 212485106 1,732,500.00 90,000 SH N/A SOLE PII 90,000 N/A N/A
Copper Mountain Networks Common 217510106 262,650.00 3,400 SH N/A SOLE PII 3,400 N/A N/A
Costco Companies, Inc Common 22160Q102 5,188,050.00 64,800 SH N/A SOLE PII 64,800 N/A N/A
Cowlitz BankCorp Common 223767104 427,312.50 64,500 SH N/A SOLE PII 64,500 N/A N/A
Cox Communications CL A 224044107 3,335,212.50 90,600 SH N/A SOLE PII 90,600 N/A N/A
Creative Computers Inc Common 22527E107 315,200.00 39,400 SH N/A SOLE PII 39,400 N/A N/A
Credence Systems Corp Common 225302108 1,522,125.00 41,000 SH N/A SOLE PII 41,000 N/A N/A
CRH PLC ADR 12626K203 405,873.65 22,900 SH N/A SOLE PII 22,900 N/A N/A
CRH PLC ADR 12626K203 877,325.13 49,500 SH N/A SOLE PII 49,500 N/A N/A
Crossmann Communities Common 22764E109 584,156.25 20,100 SH N/A SOLE PII 20,100 N/A N/A
Crown Castle Int'l Corp Common 228227104 1,313,268.75 63,100 SH N/A SOLE PII 63,100 N/A N/A
CTS Corp Common 126501105 630,000.00 9,000 SH N/A SOLE PII 9,000 N/A N/A
Cumulus Media Inc CL A 231082108 398,125.00 18,200 SH N/A SOLE PII 18,200 N/A N/A
Cutter & Buck Inc CL A 232217109 30,375.00 1,800 SH N/A SOLE PII 1,800 N/A N/A
Cymer Inc Common 232572107 957,500.00 38,300 SH N/A SOLE PII 38,300 N/A N/A
Cypress Semiconductor Corp Common 232806109 1,039,500.00 63,000 SH N/A SOLE PII 63,000 N/A N/A
Cytec Industries Common 232820100 2,307,750.00 72,400 SH N/A SOLE PII 72,400 N/A N/A
Cytyc Corporation Common 232946103 362,700.00 18,600 SH N/A SOLE PII 18,600 N/A N/A
D.R. Horton, Inc. Common 23331A109 10,208,996.88 614,075 SH N/A SOLE PII 614,075 N/A N/A
Daimlerchrysler W/I ORD D1668R123 2,147,304.95 24,440 SH N/A SOLE PII 24,440 N/A N/A
Dal-Tile Int'l Inc Common 23426R108 412,912.50 36,300 SH N/A SOLE PII 36,300 N/A N/A
Dan River Inc. CL A 235774106 938,881.75 127,306 SH N/A SOLE PII 127,306 N/A N/A
Dave & Buster's Inc Common 23833N104 948,300.00 32,700 SH N/A SOLE PII 32,700 N/A N/A
Dayton - Hudson Common 239753106 975,000.00 15,000 SH N/A SOLE PII 15,000 N/A N/A
Dell Computer Corporation Common 247025109 843,600.00 22,800 SH N/A SOLE PII 22,800 N/A N/A
Delphi Automotive Sys. Corp. Common 247126105 7.61 0 SH N/A SOLE PII 0 N/A N/A
Deutsche Telekom AG Sponsored ADR 251566105 638,260.73 15,200 SH N/A SOLE PII 15,200 N/A N/A
Digital Microwave Corp Common 253859102 62,475.00 4,900 SH N/A SOLE PII 4,900 N/A N/A
DII Group Inc Common 232949107 1,037,287.50 27,800 SH N/A SOLE PII 27,800 N/A N/A
Donaldson Lufkin & Jenrette Com DLJ 257661108 2,096,700.00 34,800 SH N/A SOLE PII 34,800 N/A N/A
Doubleclick Common 258609304 1,330,375.00 14,500 SH N/A SOLE PII 14,500 N/A N/A
Dover Corp. Common 260003108 4,200,000.00 120,000 SH N/A SOLE PII 120,000 N/A N/A
Dril-Quip Common 262037104 275,250.00 12,000 SH N/A SOLE PII 12,000 N/A N/A
DSP Communications Inc Common 23332K106 1,048,162.50 36,300 SH N/A SOLE PII 36,300 N/A N/A
Duke Power Corp Common 264399106 6,737,062.50 123,900 SH N/A SOLE PII 123,900 N/A N/A
DuPont, (E.I.) DeNemours & Co. Common 263534109 9,017,250.00 132,000 SH N/A SOLE PII 132,000 N/A N/A
Dycom Industries Common 267475101 2,758,000.00 49,250 SH N/A SOLE PII 49,250 N/A N/A
E Trade Group Inc Common 269246104 1,901,025.00 47,600 SH N/A SOLE PII 47,600 N/A N/A
Eagle Geophysical Inc Common 269524104 896.25 1,195 SH N/A SOLE PII 132,000 N/A N/A
Earthweb Inc Common 27032C108 305,450.00 8,200 SH N/A SOLE PII 8,200 N/A N/A
Echostar Communications CL A 278762109 1,058,718.75 6,900 SH N/A SOLE PII 6,900 N/A N/A
Eidos PLC Sponsored ADR 282485101 341,826.58 10,400 SH N/A SOLE PII 10,400 N/A N/A
Elcor Corp Common 284443108 480,562.50 11,000 SH N/A SOLE PII 11,000 N/A N/A
Electro Scientific Industries Common 285229100 614,184.38 14,700 SH N/A SOLE PII 14,700 N/A N/A
Electronics For Imaging Common 286082102 1,721,062.50 33,500 SH N/A SOLE PII 33,500 N/A N/A
Elf Aquitane-ADR Sponsored ADR 286269105 8,905,368.57 114,900 SH N/A SOLE PII 114,900 N/A N/A
Emerson Electric Co Common 291011104 3,458,125.00 55,000 SH N/A SOLE PII 55,000 N/A N/A
Emmis Communications CL A 291525103 1,851,562.50 37,500 SH N/A SOLE PII 37,500 N/A N/A
Enron Corp. Common 293561106 850,200.00 10,400 SH N/A SOLE PII 10,400 N/A N/A
Ensco International Inc Common 26874Q100 3,499,031.25 175,500 SH N/A SOLE PII 175,500 N/A N/A
Entercom Communications CL A 293639100 1,393,650.00 32,600 SH N/A SOLE PII 32,600 N/A N/A
Equant NY REG SHS 294409107 2,249,587.50 23,900 SH N/A SOLE PII 23,900 N/A N/A
Equifax Common 294429105 3,493,806.25 97,900 SH N/A SOLE PII 97,900 N/A N/A
Ericsson Telephone ADR Rep DB2000 294821509 1,344,998.75 154,820 SH N/A SOLE PII 154,820 N/A N/A
Ethan Allen Interiors Inc Common 297602104 1,557,187.50 41,250 SH N/A SOLE PII 41,250 N/A N/A
Etoys Inc Common 297862104 1,104,325.00 27,100 SH N/A SOLE PII 27,100 N/A N/A
Exchange Applications Common 300867108 297,475.00 7,300 SH N/A SOLE PII 7,300 N/A N/A
Exodus Communications Common 302088109 6,836,437.50 57,000 SH N/A SOLE PII 57,000 N/A N/A
Expeditors International Common 302130109 1,035,500.00 38,000 SH N/A SOLE PII 38,000 N/A N/A
Extreme Networks Inc Common 30226D106 4,029,537.50 69,400 SH N/A SOLE PII 69,400 N/A N/A
Exxon Corp Common 302290101 786,675.00 10,200 SH N/A SOLE PII 10,200 N/A N/A
F5 Networks Inc Common 315616102 922,500.00 22,500 SH N/A SOLE PII 22,500 N/A N/A
Factset Research Systems Common 303075105 696,487.50 12,300 SH N/A SOLE PII 12,300 N/A N/A
Family Golf Centers Common 30701A106 405,131.25 52,700 SH N/A SOLE PII 52,700 N/A N/A
Fannie Mae Common 313586109 4,923,000.00 72,000 SH N/A SOLE PII 72,000 N/A N/A
Fatbrain Com Inc Common 311889109 95,475.00 5,700 SH N/A SOLE PII 5,700 N/A N/A
FDX Corp Common 31304N107 873,425.00 16,100 SH N/A SOLE PII 16,100 N/A N/A
Finova Finance TOPRS CV 9.16% 31808E207 2,863,500.00 41,500 SH N/A SOLE PII 41,500 N/A N/A
Finova Group Inc. Common 317928109 879,626.88 16,715 SH N/A SOLE PII 16,715 N/A N/A
First American Corp. of Tennessee Common 318900107 13,620,031.25 327,700 SH N/A SOLE PII 327,700 N/A N/A
First Merchants Corp. Common 320817109 570,000.00 24,000 SH N/A SOLE PII 24,000 N/A N/A
First Mutual Savings Bank Common 320918105 961,200.00 80,100 SH N/A SOLE PII 80,100 N/A N/A
First Security Corp./Del Common 336294103 8,228,273.75 301,955 SH N/A SOLE PII 301,955 N/A N/A
First Sierra Financial Inc Common 336392105 450,000.00 18,000 SH N/A SOLE PII 18,000 N/A N/A
First Union Corp. Common 337358105 22,333,789.00 475,187 SH N/A SOLE PII 475,187 N/A N/A
First United Bancshares Arkansas Common 33741E104 2,328,125.00 125,000 SH N/A SOLE PII 125,000 N/A N/A
First Wash Bancorp Common 33748T104 382,190.63 19,050 SH N/A SOLE PII 19,050 N/A N/A
Fiserv Inc Common 337738108 2,331,215.63 74,450 SH N/A SOLE PII 74,450 N/A N/A
Fleet Financial Group, Inc. Common 338915101 11,355,917.50 255,908 SH N/A SOLE PII 255,908 N/A N/A
Fletcher Challenge Paper Div Sponsored ADR 339325102 602,363.10 807,500 SH N/A SOLE PII 807,500 N/A N/A
Flextronics Int'l Ltd. ORD Y2573F102 3,640,800.00 65,600 SH N/A SOLE PII 65,600 N/A N/A
Flycast Communications Corp Common 344067103 372,937.50 19,500 SH N/A SOLE PII 19,500 N/A N/A
Foodmaker Inc Common 344839204 1,075,412.50 37,900 SH N/A SOLE PII 37,900 N/A N/A
Ford Motor Co Common 345370100 761,906.25 13,500 SH N/A SOLE PII 13,500 N/A N/A
Forest Laboratories, Inc. CL A 345838106 7,705,250.00 166,600 SH N/A SOLE PII 166,600 N/A N/A
Forrester Research Inc Common 346563109 295,000.00 11,800 SH N/A SOLE PII 11,800 N/A N/A
Fortune Brands, Inc. Common 349631101 868,875.00 21,000 SH N/A SOLE PII 21,000 N/A N/A
Forward Air Corp Common 349853101 390,937.50 13,900 SH N/A SOLE PII 13,900 N/A N/A
Freddie Mac Common 313400301 3,723,600.00 64,200 SH N/A SOLE PII 64,200 N/A N/A
Freedom Securities Corp. Common 35644K103 9,819,475.00 573,400 SH N/A SOLE PII 573,400 N/A N/A
Fresenius Medical Care AG Sponsored ADR 358029106 1,609,727.77 27,600 SH N/A SOLE PII 27,600 N/A N/A
Fundtech Ltd ORD M47095100 918,187.50 35,400 SH N/A SOLE PII 35,400 N/A N/A
Gannett Co. Common 364730101 842,225.00 11,800 SH N/A SOLE PII 11,800 N/A N/A
General Electric Common 369604103 9,196,954.80 168,700 SH N/A SOLE PII 168,700 N/A N/A
General Instrument Corp. Common 370120107 4,934,250.00 116,100 SH N/A SOLE PII 116,100 N/A N/A
Genesco Common 371532102 400,468.75 27,500 SH N/A SOLE PII 27,500 N/A N/A
Genesis Microchip Common 371933102 278,775.00 11,800 SH N/A SOLE PII 11,800 N/A N/A
Genzyme Corp Com Genl Div 372917104 1,901,200.00 39,200 SH N/A SOLE PII 39,200 N/A N/A
Getty Images Inc Common 374276103 579,462.50 30,700 SH N/A SOLE PII 30,700 N/A N/A
Gilead Sciences Inc Common 375558103 1,457,775.00 27,900 SH N/A SOLE PII 27,900 N/A N/A
Gillette Common 375766102 692,900.00 16,900 SH N/A SOLE PII 16,900 N/A N/A
Global Industries Ltd Common 379336100 2,896,906.25 226,100 SH N/A SOLE PII 226,100 N/A N/A
Global Marine Inc Common 379352404 2,437,581.25 157,900 SH N/A SOLE PII 157,900 N/A N/A
Global Telesystems Group Inc. Common 37936U104 4,811,400.00 59,400 SH N/A SOLE PII 59,400 N/A N/A
Globix Corporation Common 37957F101 251,868.75 5,700 SH N/A SOLE PII 5,700 N/A N/A
Golden West Financial Corp.
Del Common 381317106 29,233,400.00 298,300 SH N/A SOLE PII 298,300 N/A N/A
Goldman Sachs Group Common 38141G104 6,401,350.00 88,600 SH N/A SOLE PII 88,600 N/A N/A
Golf Trust of America Common 38168B103 672,031.25 27,500 SH N/A SOLE PII 27,500 N/A N/A
Greater Bay Bancorp Common 391648102 6,128,640.00 184,320 SH N/A SOLE PII 184,320 N/A N/A
Grupo Televisa Sa Sponsored ADR 40049J206 5,283,393.75 117,900 SH N/A SOLE PII 117,900 N/A N/A
GST Telecommunications Common 361942105 1,047,087.50 79,400 SH N/A SOLE PII 79,400 N/A N/A
Hain Food Group Inc Common 405219106 558,937.50 27,100 SH N/A SOLE PII 27,100 N/A N/A
Halliburton Co. Common 406216101 9,697,075.00 214,300 SH N/A SOLE PII 214,300 N/A N/A
Hambrecht & Quist Group Common 406545103 1,080,337.50 29,100 SH N/A SOLE PII 29,100 N/A N/A
Hamilton Bancorp Inc. (FL) Common 407013101 924,000.00 38,500 SH N/A SOLE PII 38,500 N/A N/A
Hanger Orthopedic Group Common 41043F208 253,956.25 17,900 SH N/A SOLE PII 17,900 N/A N/A
Harbinger Corp Common 41145C103 586,250.00 46,900 SH N/A SOLE PII 46,900 N/A N/A
Harley Davidson Inc. Common 412822108 7,395,000.00 136,000 SH N/A SOLE PII 136,000 N/A N/A
Healthsouth Corp Common 421924101 1,626,693.75 108,900 SH N/A SOLE PII 108,900 N/A N/A
Heinz (H.J.) CO Common 423074103 6,516,250.00 130,000 SH N/A SOLE PII 130,000 N/A N/A
Henry Jack & Associates Common 426281101 1,132,362.50 28,850 SH N/A SOLE PII 28,850 N/A N/A
Hewlett Packard Common 428236103 9,426,900.00 93,800 SH N/A SOLE PII 93,800 N/A N/A
HI / FN Inc Common 41145C103 707,962.50 9,300 SH N/A SOLE PII 9,300 N/A N/A
High Speed Access Corp Common 42979U102 115,312.50 4,500 SH N/A SOLE PII 4,500 N/A N/A
Hillenbrand Industries Common 431573104 6,920,000.00 160,000 SH N/A SOLE PII 160,000 N/A N/A
Hispanic Broadcasting Corp CL A 43357B104 2,511,462.50 33,100 SH N/A SOLE PII 33,100 N/A N/A
Hollywood Entertainment Corp Common 436141105 1,036,812.50 53,000 SH N/A SOLE PII 53,000 N/A N/A
Home Depot, Inc. Common 437076102 9,504,531.25 147,500 SH N/A SOLE PII 147,500 N/A N/A
Honda Motor Co Amern Shs 438128308 1,186,274.11 28,000 SH N/A SOLE PII 28,000 N/A N/A
Honeywell Inc. Common 438506107 9,617,625.00 83,000 SH N/A SOLE PII 83,000 N/A N/A
Hooper Holmes Inc Common 439104100 315,812.50 15,500 SH N/A SOLE PII 15,500 N/A N/A
Hudson United Bancorp Common 444165104 9,593,281.25 313,250 SH N/A SOLE PII 313,250 N/A N/A
Hyperion Telecomm Inc CL A 44914K306 519,225.00 27,600 SH N/A SOLE PII 27,600 N/A N/A
ICG Services Inc Common 449246107 386,887.50 18,100 SH N/A SOLE PII 18,100 N/A N/A
Idec Pharmaceuticals Common 449370105 2,874,431.25 37,300 SH N/A SOLE PII 37,300 N/A N/A
Illinois Tool Works Inc. Common 452308109 3,280,000.00 40,000 SH N/A SOLE PII 40,000 N/A N/A
Image Entertainment Inc Common 452439201 84,500.00 13,000 SH N/A SOLE PII 13,000 N/A N/A
Imall Inc Com Par $0.01 45244X306 309,825.00 16,200 SH N/A SOLE PII 16,200 N/A N/A
Immunex Corp Common 452528102 1,771,381.25 13,900 SH N/A SOLE PII 13,900 N/A N/A
IMS Health Inc Common 449934108 2,093,750.00 67,000 SH N/A SOLE PII 67,000 N/A N/A
Independent Bank Corporation-
Mich Common 453838104 3,120,949.64 179,623 SH N/A SOLE PII 179,623 N/A N/A
Infinity Broadcasting Corp CLA 45662S102 6,571,775.00 220,900 SH N/A SOLE PII 220,900 N/A N/A
Infocure Corp Common 45665A108 1,439,900.00 27,200 SH N/A SOLE PII 27,200 N/A N/A
Infospace Com Inc Common 45678T102 1,301,900.00 27,700 SH N/A SOLE PII 27,700 N/A N/A
ING Groep N.V Sponsored ADR 456837103 1,125,251.40 20,800 SH N/A SOLE PII 20,800 N/A N/A
Insight Enterprises Common 45765U103 844,593.75 34,125 SH N/A SOLE PII 34,125 N/A N/A
Intel Corp. Common 458140100 6,907,950.00 116,100 SH N/A SOLE PII 116,100 N/A N/A
Intermedia Communications Common 458801107 426,000.00 14,200 SH N/A SOLE PII 14,200 N/A N/A
International Aircraft
Investors Common 458860103 2,683,593.75 375,000 SH N/A SOLE PII 375,000 N/A N/A
International Business
Machines Corp. Common 459200101 865,975.00 6,700 SH N/A SOLE PII 6,700 N/A N/A
International Integration Inc Common 459698106 144,000.00 6,400 SH N/A SOLE PII 6,400 N/A N/A
International Network Services Common 460053101 1,552,418.75 38,450 SH N/A SOLE PII 38,450 N/A N/A
International Paper Co. Common 460146103 5,640,850.00 111,700 SH N/A SOLE PII 111,700 N/A N/A
International Telecommunica-
tion Data Systems Common 46047F104 299,200.00 18,700 SH N/A SOLE PII 18,700 N/A N/A
Intervu Inc Common 46114R106 873,525.00 22,800 SH N/A SOLE PII 22,800 N/A N/A
Interwest Bancorp, Inc. Common 460931108 3,735,000.00 149,400 SH N/A SOLE PII 149,400 N/A N/A
Intimate Brands Inc CL A 461156101 2,661,290.63 56,175 SH N/A SOLE PII 56,175 N/A N/A
ISS Group Inc Common 450306105 2,363,150.00 62,600 SH N/A SOLE PII 62,600 N/A N/A
IXC Communications Common 450713102 39,333.24 409 SH N/A SOLE PII 409 N/A N/A
IXL Enterprises Inc Common 450718101 161,250.00 6,000 SH N/A SOLE PII 6,000 N/A N/A
John Hancock Bank & Thrift
Opportunity Fund Shs. Ben. Int. 409735107 948,100.00 99,800 SH N/A SOLE PII 99,800 N/A N/A
Johnson & Johnson Common 478160104 11,387,600.00 116,200 SH N/A SOLE PII 116,200 N/A N/A
Jones Pharma Inc Common 480236108 2,311,312.50 58,700 SH N/A SOLE PII 58,700 N/A N/A
K Swiss CL A 482686102 2,092,500.00 45,000 SH N/A SOLE PII 45,000 N/A N/A
Kellogg Co Common 487836108 990,000.00 30,000 SH N/A SOLE PII 30,000 N/A N/A
Kellstrom Industries Inc Common 488035106 445,300.00 24,400 SH N/A SOLE PII 24,400 N/A N/A
Keycorp Common 493267108 16,891,325.00 525,800 SH N/A SOLE PII 525,800 N/A N/A
Keystone Automotive
Industries Inc. Common 49338N109 7,175,875.00 413,000 SH N/A SOLE PII 413,000 N/A N/A
Kilroy Realty Corp Common 49427F108 1,043,859.38 42,825 SH N/A SOLE PII 42,825 N/A N/A
King World Productions Inc Common 495667107 1,761,512.50 50,600 SH N/A SOLE PII 50,600 N/A N/A
Kmart Common 482584109 2,304,537.50 140,200 SH N/A SOLE PII 140,200 N/A N/A
Kmart Financing PFD TRCV 7.75% 498778208 3,538,665.00 60,490 SH N/A SOLE PII 60,490 N/A N/A
Kohls Corp Common 500255104 2,022,312.50 26,200 SH N/A SOLE PII 26,200 N/A N/A
Korea Electric Power Sponsored ADR 500631106 1,394,000.00 68,000 SH N/A SOLE PII 68,000 N/A N/A
Korea Telecom Sponsored ADR 50063P103 3,316,000.00 82,900 SH N/A SOLE PII 82,900 N/A N/A
Korn Ferry International Common 500643200 674,900.00 39,700 SH N/A SOLE PII 39,700 N/A N/A
Kulicke & Soffa Industries Common 501242101 1,024,237.50 38,200 SH N/A SOLE PII 38,200 N/A N/A
L-3 Communications Common 502424104 2,961,556.25 61,300 SH N/A SOLE PII 61,300 N/A N/A
Lafarge Corp Common 505862102 997,578.65 10,500 SH N/A SOLE PII 10,500 N/A N/A
Lam Research Group Common 512807108 1,554,693.75 33,300 SH N/A SOLE PII 33,300 N/A N/A
Lamar Capital Corporation Common 51282P106 1,900,000.00 200,000 SH N/A SOLE PII 200,000 N/A N/A
Laser Vision Centers Inc Common 51807H100 894,600.00 14,200 SH N/A SOLE PII 14,200 N/A N/A
Lason Inc Common 51808R107 1,736,875.00 35,000 SH N/A SOLE PII 35,000 N/A N/A
Laurel Capital Group, Inc. Common 518629100 1,022,458.44 63,655 SH N/A SOLE PII 63,655 N/A N/A
Legato Systems Inc Common 524651106 2,668,050.00 46,200 SH N/A SOLE PII 46,200 N/A N/A
Lexmark Intl Group Inc CL A 529771107 2,417,887.50 36,600 SH N/A SOLE PII 36,600 N/A N/A
Liberty Financial Group Common 530512102 6,261,875.00 215,000 SH N/A SOLE PII 215,000 N/A N/A
Linens N Things Inc Common 535679104 1,312,500.00 30,000 SH N/A SOLE PII 30,000 N/A N/A
Lockheed Martin Corp. Common 539830109 782,250.00 21,000 SH N/A SOLE PII 21,000 N/A N/A
Loews Cineplex Entertainment Common 540423100 1,522,500.00 140,000 SH N/A SOLE PII 140,000 N/A N/A
Loral Space & Communications Common G56462107 914,400.00 50,800 SH N/A SOLE PII 50,800 N/A N/A
Lowe's Companies Common 548661107 6,802,500.00 120,000 SH N/A SOLE PII 120,000 N/A N/A
LSI Logic Inc Common 502161102 4,464,900.00 96,800 SH N/A SOLE PII 96,800 N/A N/A
Lucent Technologies Common 549463107 8,274,581.25 122,700 SH N/A SOLE PII 122,700 N/A N/A
Lycos Inc Common 550818108 1,029,000.00 11,200 SH N/A SOLE PII 11,200 N/A N/A
M/I Schottenstein Homes Inc Common 55305B101 488,593.75 26,500 SH N/A SOLE PII 26,500 N/A N/A
Macdermid Inc Common 554273102 850,950.00 18,300 SH N/A SOLE PII 18,300 N/A N/A
Macromedia Inc Common 556100105 1,297,200.00 36,800 SH N/A SOLE PII 36,800 N/A N/A
Macrovision Corp Common 555904101 1,272,875.00 17,000 SH N/A SOLE PII 17,000 N/A N/A
MAF Bancorp Common 55261R108 628,681.25 25,925 SH N/A SOLE PII 25,925 N/A N/A
Mail Well Inc Common 560321200 1,816,237.50 112,200 SH N/A SOLE PII 112,200 N/A N/A
Mapquest Com Inc Common 565644101 261,000.00 16,000 SH N/A SOLE PII 16,000 N/A N/A
Marine Drilling Company Com Par $0.01 568240204 470,850.00 34,400 SH N/A SOLE PII 34,400 N/A N/A
Marsh & McLennnan Common 571748102 4,439,400.00 58,800 SH N/A SOLE PII 58,800 N/A N/A
Matav Rt Sponsored ADR 559776109 819,500.00 29,800 SH N/A SOLE PII 29,800 N/A N/A
Maverick Tube Corp Common 577914104 71,248.50 5,112 SH N/A SOLE PII 5,112 N/A N/A
McDonald's Corp. Common 580135101 12,765,562.50 309,000 SH N/A SOLE PII 309,000 N/A N/A
MCI Worldcom, Inc. Common 55268B106 10,436,250.00 121,000 SH N/A SOLE PII 121,000 N/A N/A
MDC Holdings Inc Common 552676108 505,250.00 23,500 SH N/A SOLE PII 23,500 N/A N/A
Mede America Corp Common 584067102 604,000.00 16,000 SH N/A SOLE PII 16,000 N/A N/A
Mediaone Group PFD CV Ser D 58440J203 6,089,878.13 40,650 SH N/A SOLE PII 40,650 N/A N/A
Mediconsult Com Inc Common 58469J100 112,725.00 10,800 SH N/A SOLE PII 10,800 N/A N/A
Medimmune Inc Common 584699102 6,510,775.00 96,100 SH N/A SOLE PII 96,100 N/A N/A
Medquist Inc Common 584949101 1,338,750.00 30,600 SH N/A SOLE PII 30,600 N/A N/A
Medics Pharmaceuticals CL A 584690309 1,508,543.75 59,450 SH N/A SOLE PII 59,450 N/A N/A
Men's Wearhouse Inc Common 587118100 1,173,000.00 46,000 SH N/A SOLE PII 46,000 N/A N/A
Mentor Graphics Corp Common 587200106 479,187.50 37,400 SH N/A SOLE PII 37,400 N/A N/A
Merck & Co. Common 589331107 4,232,800.00 57,200 SH N/A SOLE PII 57,200 N/A N/A
Mercury Interactive Corp Common 589405109 3,898,325.00 110,200 SH N/A SOLE PII 110,200 N/A N/A
Merkert American Corp Common 590080107 225,150.00 23,700 SH N/A SOLE PII 23,700 N/A N/A
Mesaba Holdings Inc Common 59066B102 135,150.00 10,600 SH N/A SOLE PII 10,600 N/A N/A
Metris Companies Inc Common 591598107 2,273,850.00 55,800 SH N/A SOLE PII 55,800 N/A N/A
Metromedia Fiber Network CL A 591689104 2,810,312.50 78,200 SH N/A SOLE PII 78,200 N/A N/A
MGM Grand Inc. Common 552953101 7,163,800.00 146,200 SH N/A SOLE PII 146,200 N/A N/A
Michael Foods Inc Common 594079105 660,350.00 28,100 SH N/A SOLE PII 28,100 N/A N/A
Michael's Stores, Inc. Common 594087108 12,096,875.00 395,000 SH N/A SOLE PII 395,000 N/A N/A
Micrel Inc Common 594793101 1,480,000.00 20,000 SH N/A SOLE PII 20,000 N/A N/A
Micro Warehouse Inc Common 59501B105 1,152,937.50 64,500 SH N/A SOLE PII 64,500 N/A N/A
Microchip Technology Inc Common 595017104 1,217,537.50 25,700 SH N/A SOLE PII 25,700 N/A N/A
Microsoft Corp Common 594918104 6,655,837.50 73,800 SH N/A SOLE PII 73,800 N/A N/A
Midwest Express Holdings Common 597911106 632,400.00 18,600 SH N/A SOLE PII 18,600 N/A N/A
Minimed Inc Common 60365K108 5,847,250.00 76,000 SH N/A SOLE PII 76,000 N/A N/A
Mips Technology Inc CL A 604567107 1,088,181.25 22,700 SH N/A SOLE PII 22,700 N/A N/A
Mitsui & Co. Ltd. ADR 606827202 920,080.94 132,000 SH N/A SOLE PII 132,000 N/A N/A
MMC Networks Inc Common 55308N102 483,300.00 10,800 SH N/A SOLE PII 10,800 N/A N/A
Modis Professional Services, Inc Common 607830106 671,000.00 48,800 SH N/A SOLE PII 48,800 N/A N/A
Molecular Devices Corp Common 60851C107 1,271,250.00 33,900 SH N/A SOLE PII 33,900 N/A N/A
Montana Power Co. Common 612085100 5,407,350.00 76,700 SH N/A SOLE PII 76,700 N/A N/A
Moog Inc CL A 615394202 481,250.00 14,000 SH N/A SOLE PII 14,000 N/A N/A
Motivepower Industries Inc Common 61980K101 1,486,828.75 83,765 SH N/A SOLE PII 83,765 N/A N/A
Motorola Inc Common 620076109 6,859,900.00 72,400 SH N/A SOLE PII 72,400 N/A N/A
Mueller Industries Inc Common 624756102 899,343.75 26,500 SH N/A SOLE PII 26,500 N/A N/A
Musicland Stores Corp Common 62758B109 379,850.00 42,800 SH N/A SOLE PII 42,800 N/A N/A
Nabors Industries Inc Common 629568106 454,537.50 18,600 SH N/A SOLE PII 18,600 N/A N/A
National City Bancorporation Common 635312101 402,887.50 19,300 SH N/A SOLE PII 19,300 N/A N/A
National City Corp Common 635405103 25,263,350.00 385,700 SH N/A SOLE PII 385,700 N/A N/A
National Discount Brokers Group Common 635646102 2,117,000.00 36,500 SH N/A SOLE PII 36,500 N/A N/A
National Equipment Services Common 635847106 170,400.00 14,200 SH N/A SOLE PII 14,200 N/A N/A
National Instruments Corp Common 636518102 545,062.50 13,500 SH N/A SOLE PII 13,500 N/A N/A
National R V Holdings Inc Common 637277104 571,087.50 23,550 SH N/A SOLE PII 23,550 N/A N/A
NBTY Inc Common 628782104 205,400.00 31,600 SH N/A SOLE PII 31,600 N/A N/A
NCO Group Inc Common 628858102 1,311,000.00 34,500 SH N/A SOLE PII 34,500 N/A N/A
Netbank Inc Common 640933107 1,710,000.00 45,000 SH N/A SOLE PII 45,000 N/A N/A
Netobjects Common 64114L102 79,818.75 9,900 SH N/A SOLE PII 9,900 N/A N/A
Netopia Common 64114K104 461,825.00 20,300 SH N/A SOLE PII 20,300 N/A N/A
Network Appliance Inc Common 64120L104 5,330,475.00 95,400 SH N/A SOLE PII 95,400 N/A N/A
Network Solutions Inc CL A 64121Q102 3,845,475.00 48,600 SH N/A SOLE PII 48,600 N/A N/A
New Era of Networks Inc Common 644312100 3,176,681.25 72,300 SH N/A SOLE PII 72,300 N/A N/A
New York Times CLA 650111107 5,705,937.50 155,000 SH N/A SOLE PII 155,000 N/A N/A
Newell Rubbermaid Common 651229106 7,905,000.00 170,000 SH N/A SOLE PII 170,000 N/A N/A
Newgen Results Corp Common 651359101 26,400.00 2,200 SH N/A SOLE PII 2,200 N/A N/A
Nexstar Pharmaceuticals Inc Common 65333B106 552,268.75 27,700 SH N/A SOLE PII 27,700 N/A N/A
Nielsen Media Research Common 653929307 532,350.00 18,200 SH N/A SOLE PII 18,200 N/A N/A
Nike Inc. CL B 654106103 5,210,618.75 82,300 SH N/A SOLE PII 82,300 N/A N/A
Nokia Corp Sponsored ADR 654902204 15,428,281.25 168,500 SH N/A SOLE PII 168,500 N/A N/A
Nortel Networks Corp. Common 656569100 824,718.75 9,500 SH N/A SOLE PII 9,500 N/A N/A
North Fork Bancorp Common 659424105 6,513,100.00 305,600 SH N/A SOLE PII 305,600 N/A N/A
North Valley BanCorp Common 66304M105 941,250.00 75,300 SH N/A SOLE PII 75,300 N/A N/A
Northpoint Communications Common 666610100 1,700,900.00 46,600 SH N/A SOLE PII 46,600 N/A N/A
Nova Corp Georgia Common 669784100 1,485,250.00 59,410 SH N/A SOLE PII 59,410 N/A N/A
Novacare Employee Services Common 66986Q101 124,850.00 45,400 SH N/A SOLE PII 45,400 N/A N/A
Novell Inc Common 670006105 4,319,500.00 163,000 SH N/A SOLE PII 163,000 N/A N/A
Novellus Inc Common 670008101 1,310,400.00 19,200 SH N/A SOLE PII 19,200 N/A N/A
Novoste Corporation Common 67010C100 130,200.00 6,200 SH N/A SOLE PII 6,200 N/A N/A
Nucor Corp. Common 670346105 3,795,000.00 80,000 SH N/A SOLE PII 80,000 N/A N/A
Ocean Energy, Inc. NEW Common 67481E106 1,281,857.50 133,180 SH N/A SOLE PII 133,180 N/A N/A
Omnicare Inc. Common 681919106 1,366,025.00 108,200 SH N/A SOLE PII 108,200 N/A N/A
Omnicom Group Inc Common 681919106 2,896,000.00 36,200 SH N/A SOLE PII 36,200 N/A N/A
On Assignment Inc Common 682159108 478,087.50 18,300 SH N/A SOLE PII 18,300 N/A N/A
Onyx Software Inc Common 683402101 103,800.00 4,800 SH N/A SOLE PII 4,800 N/A N/A
Optical Coating Laboratory Common 683829105 2,207,700.00 26,400 SH N/A SOLE PII 26,400 N/A N/A
Optimal Robotics Corp CL A 68388R208 57,637.50 5,800 SH N/A SOLE PII 5,800 N/A N/A
Oracle Corporation Common 68389X105 6,671,362.50 179,700 SH N/A SOLE PII 179,700 N/A N/A
O'Reilly Automotive Inc Common 686091109 1,632,150.00 32,400 SH N/A SOLE PII 32,400 N/A N/A
Owens-Illinois Inc Com New 690768403 3,628,312.50 111,000 SH N/A SOLE PII 111,000 N/A N/A
Pacific Century Financial Corp. Common 694058108 20,549,062.50 953,000 SH N/A SOLE PII 953,000 N/A N/A
Pacific Sunwear Of California Common 694873100 4,681,218.75 192,050 SH N/A SOLE PII 192,050 N/A N/A
Pairgain Technologies Common 695934109 517,500.00 45,000 SH N/A SOLE PII 45,000 N/A N/A
Parker Hannifin Corp. Common 701094104 3,431,250.00 75,000 SH N/A SOLE PII 75,000 N/A N/A
Pcorder Com Inc Common 70453H107 128,843.75 3,100 SH N/A SOLE PII 3,100 N/A N/A
Pegasus Communications Corp CL A 705904100 1,084,531.25 27,500 SH N/A SOLE PII 27,500 N/A N/A
Peoples Heritage Financial Group Common 711147108 16,174,987.50 859,800 SH N/A SOLE PII 859,800 N/A N/A
Pepsico, Inc. Common 713448108 8,607,968.75 222,500 SH N/A SOLE PII 222,500 N/A N/A
Perclose Inc Common 71361C107 869,931.25 18,100 SH N/A SOLE PII 18,100 N/A N/A
Peregrine Systems Inc Common 71366Q101 991,537.50 38,600 SH N/A SOLE PII 38,600 N/A N/A
Personnel Group of America Inc Common 715338109 63,000.00 6,300 SH N/A SOLE PII 6,300 N/A N/A
Petsmart Inc Common 716768106 499,175.00 48,700 SH N/A SOLE PII 48,700 N/A N/A
Pfizer Common 717081103 888,975.00 8,100 SH N/A SOLE PII 8,100 N/A N/A
Philip Morris Companies, Inc Common 718154107 6,381,775.00 158,800 SH N/A SOLE PII 158,800 N/A N/A
Philippine Long Distance
Telephone Co Sponsored ADR 718252604 271,125.00 9,000 SH N/A SOLE PII 9,000 N/A N/A
Pier 1 Imports Inc Common 720279108 405,000.00 36,000 SH N/A SOLE PII 36,000 N/A N/A
Pilgrim Prime Rate Trust Sh Ben Int 72146W103 2,793,500.00 296,000 SH N/A SOLE PII 296,000 N/A N/A
Pinnacle Holdings Inc Common 72346N101 852,600.00 34,800 SH N/A SOLE PII 34,800 N/A N/A
Pinnacle Systems Inc Common 723481107 2,030,950.00 60,400 SH N/A SOLE PII 60,400 N/A N/A
Pitney Bowes Common 724479100 4,658,125.00 72,500 SH N/A SOLE PII 72,500 N/A N/A
Playboy Enterprises CL B 728117300 711,875.00 26,800 SH N/A SOLE PII 26,800 N/A N/A
PMC-Sierra Inc Common 69344F106 4,685,531.25 79,500 SH N/A SOLE PII 79,500 N/A N/A
Pohang Iron & Steel Co Sponsored ADR 730450103 3,981,200.00 118,400 SH N/A SOLE PII 118,400 N/A N/A
Polo Ralph Lauren Corp CLA 731572103 1,390,800.00 73,200 SH N/A SOLE PII 73,200 N/A N/A
Polycom Inc Common 73172K104 885,300.00 22,700 SH N/A SOLE PII 22,700 N/A N/A
Pool Energy Services Co Common 732788104 90,126.56 4,437 SH N/A SOLE PII 4,437 N/A N/A
Power Integrations Inc Common 739276103 2,193,750.00 30,000 SH N/A SOLE PII 30,000 N/A N/A
Powerwave Technologies Inc Common 739363109 1,554,450.00 48,200 SH N/A SOLE PII 48,200 N/A N/A
Praxair Inc. Common 74005P104 8,079,581.25 165,100 SH N/A SOLE PII 165,100 N/A N/A
Prepaid Legal Services Inc Common 740065107 709,593.75 26,100 SH N/A SOLE PII 26,100 N/A N/A
PRI Automation Inc Common 69357H106 967,875.00 26,700 SH N/A SOLE PII 26,700 N/A N/A
Priceline Com Inc Common 741503106 1,987,675.00 17,200 SH N/A SOLE PII 17,200 N/A N/A
Pride International Inc Common 741932107 833,381.25 78,900 SH N/A SOLE PII 78,900 N/A N/A
Prime Bancshares Inc. Texas Common 74157H108 6,667,375.00 373,000 SH N/A SOLE PII 373,000 N/A N/A
Priority Healthcare Corp CL B 74264T102 721,050.00 20,900 SH N/A SOLE PII 20,900 N/A N/A
Probusiness Services Inc Common 742674104 656,512.50 18,300 SH N/A SOLE PII 18,300 N/A N/A
Procter & Gamble Common 742718109 838,950.00 9,400 SH N/A SOLE PII 9,400 N/A N/A
Profit Recovery Group Intl Common 743168106 624,525.00 13,200 SH N/A SOLE PII 13,200 N/A N/A
Prosperity Bancshares, Inc. Common 743606105 3,510,000.00 240,000 SH N/A SOLE PII 240,000 N/A N/A
Provident Bankshares Corp Common 743859100 771,289.69 33,174 SH N/A SOLE PII 33,174 N/A N/A
Province Healthcare Co Common 743977100 300,300.00 15,400 SH N/A SOLE PII 15,400 N/A N/A
Proxicom Inc Common 744282104 249,168.75 9,700 SH N/A SOLE PII 9,700 N/A N/A
Proxim Inc Common 744284100 2,099,600.00 36,200 SH N/A SOLE PII 36,200 N/A N/A
Psinet Inc PFD C CV
6 3/4 74437C309 1,915,525.00 39,700 SH N/A SOLE PII 39,700 N/A N/A
Qlogic Corp Common 747277101 3,841,200.00 29,100 SH N/A SOLE PII 29,100 N/A N/A
Quanta Services Inc Common 74762E102 602,800.00 13,700 SH N/A SOLE PII 13,700 N/A N/A
Quantum Corp. Common 747906105 2,482,462.50 102,900 SH N/A SOLE PII 102,900 N/A N/A
Quicksilver Inc Common 74838C106 363,571.88 13,950 SH N/A SOLE PII 13,950 N/A N/A
Radio One Inc CL A 75040P108 246,450.00 5,300 SH N/A SOLE PII 5,300 N/A N/A
Rambus Inc Common 750917106 3,844,218.75 41,700 SH N/A SOLE PII 41,700 N/A N/A
Razorfish Inc CL A 755236106 263,143.75 7,100 SH N/A SOLE PII 7,100 N/A N/A
RealNetworks Inc Common 75605L104 2,321,087.50 33,700 SH N/A SOLE PII 33,700 N/A N/A
Reckson Associates Common 75621K106 1,355,950.00 57,700 SH N/A SOLE PII 57,700 N/A N/A
Redback Networks Inc Common 757236106 313,906.25 2,500 SH N/A SOLE PII 2,500 N/A N/A
Regions Financial Corp. Common 758940100 7,318,500.00 190,400 SH N/A SOLE PII 190,400 N/A N/A
Reliance Group Holdings Inc. Common 759464100 5,626,468.75 756,500 SH N/A SOLE PII 756,500 N/A N/A
Republic Services Inc. CL A 760759100 8,667,450.00 350,200 SH N/A SOLE PII 350,200 N/A N/A
Resmed Inc Common 761152107 597,375.00 18,000 SH N/A SOLE PII 18,000 N/A N/A
Reynolds & Reynolds CL A 761695105 1,242,556.25 53,300 SH N/A SOLE PII 53,300 N/A N/A
Reynolds Metals Co Common 761763101 1,964,700.00 33,300 SH N/A SOLE PII 33,300 N/A N/A
RF Micro Devices Common 749941100 5,559,562.50 74,500 SH N/A SOLE PII 74,500 N/A N/A
Rhythms Netconnections Inc Common 762430205 1,879,675.00 32,200 SH N/A SOLE PII 32,200 N/A N/A
Rogers Communications CL B 775109200 529,273.52 32,900 SH N/A SOLE PII 32,900 N/A N/A
Rowan Companies Common 779382100 2,208,812.50 119,800 SH N/A SOLE PII 119,800 N/A N/A
Rowecom Inc Common 77957X108 208,925.00 13,700 SH N/A SOLE PII 13,700 N/A N/A
Royal Dutch Petroleum Company NY REG
GLD 1.25 780257804 1,982,225.00 32,900 SH N/A SOLE PII 32,900 N/A N/A
Ryder Common 783549108 1,063,400.00 40,900 SH N/A SOLE PII 40,900 N/A N/A
Ryland Group Inc Common 783764103 549,218.75 18,500 SH N/A SOLE PII 18,500 N/A N/A
S3 Incorporated Common 784849101 442,865.63 48,700 SH N/A SOLE PII 48,700 N/A N/A
Safety-Kleen Corp Common 78648R104 2,901,359.38 160,075 SH N/A SOLE PII 160,075 N/A N/A
Safeway Inc Common 786514208 851,400.00 17,200 SH N/A SOLE PII 17,200 N/A N/A
Saga Communications CL A 786598102 730,025.50 39,196 SH N/A SOLE PII 39,196 N/A N/A
Sandisk Corp Common 80004C101 1,282,500.00 28,500 SH N/A SOLE PII 28,500 N/A N/A
Sanmina Corp Common 800907107 2,101,737.50 27,700 SH N/A SOLE PII 27,700 N/A N/A
Sara Lee Corp. Common 803111103 6,443,250.00 284,000 SH N/A SOLE PII 284,000 N/A N/A
SBC Communications Common 78387G103 5,927,600.00 102,200 SH N/A SOLE PII 102,200 N/A N/A
SBS Broadcasting SB DB CV
7.25% 05 805906AA2 899,775.00 27,900 SH N/A SOLE PII 27,900 N/A N/A
Schering Plough Corp. Common 806605101 5,830,000.00 110,000 SH N/A SOLE PII 110,000 N/A N/A
Schlumberger, Ltd. Common 806857108 8,744,293.75 137,300 SH N/A SOLE PII 137,300 N/A N/A
Schuff Steel Co. Common 808156103 2,033,593.75 342,500 SH N/A SOLE PII 342,500 N/A N/A
Schwab Charles Corp Common 808513105 3,724,762.50 33,900 SH N/A SOLE PII 33,900 N/A N/A
Scient Corp Common 80864H109 109,393.75 2,300 SH N/A SOLE PII 2,300 N/A N/A
Scott Company CL A 810186106 1,047,750.00 22,000 SH N/A SOLE PII 22,000 N/A N/A
SDL Inc Common 784076101 1,582,937.50 31,000 SH N/A SOLE PII 31,000 N/A N/A
Sea Containers Ltd. CLA 811371707 14,767,500.00 440,000 SH N/A SOLE PII 440,000 N/A N/A
Seacoast Financial Services Corp Common 81170Q106 5,204,062.50 457,500 SH N/A SOLE PII 457,500 N/A N/A
Sealed Air Corp PFD CV A $2 81211K209 3,090,000.00 49,440 SH N/A SOLE PII 49,440 N/A N/A
Sears, Roebuck & Co. Common 812387108 757,562.50 17,000 SH N/A SOLE PII 17,000 N/A N/A
Security First Technologies Common 814279105 3,294,125.00 73,000 SH N/A SOLE PII 73,000 N/A N/A
SEI Investments Company Common 784117103 829,550.00 9,400 SH N/A SOLE PII 9,400 N/A N/A
Seitel Inc Common 816074306 301,087.50 18,600 SH N/A SOLE PII 18,600 N/A N/A
Select Appointments Holdings Sponsored ADR 81617E203 230,400.00 9,600 SH N/A SOLE PII 9,600 N/A N/A
Sequent Computer Systems Inc Common 817338106 743,725.00 41,900 SH N/A SOLE PII 41,900 N/A N/A
Serena Software Common 817492101 112,875.00 8,400 SH N/A SOLE PII 8,400 N/A N/A
Service Corp Intl Common 817565104 177,100.00 9,200 SH N/A SOLE PII 9,200 N/A N/A
SFX Entertainment Inc CL A 784178105 1,497,600.00 23,400 SH N/A SOLE PII 23,400 N/A N/A
Shell Transportation NY Sh New 822703609 364,295.01 48,600 SH N/A SOLE PII 48,600 N/A N/A
Shopko Stores Inc Common 824911101 489,375.00 13,500 SH N/A SOLE PII 13,500 N/A N/A
Simpson Manufacturing Co Inc Common 829073105 446,500.00 9,400 SH N/A SOLE PII 9,400 N/A N/A
Six Rivers National Bank Common 830059101 769,500.00 57,000 SH N/A SOLE PII 57,000 N/A N/A
Skechers USA Inc CL A 830566105 189,000.00 18,000 SH N/A SOLE PII 18,000 N/A N/A
Skywest Inc Common 830879102 623,437.50 25,000 SH N/A SOLE PII 25,000 N/A N/A
Sli Inc Common 78442T108 1,435,050.00 53,150 SH N/A SOLE PII 53,150 N/A N/A
Smith International Inc Common 832110100 5,351,500.00 123,200 SH N/A SOLE PII 123,200 N/A N/A
Smithkline Beecham PLC ADR REP ORD 832378301 283,000.06 21,800 SH N/A SOLE PII 21,800 N/A N/A
Smurfit-Stone Container Common 832727101 3,037,081.25 147,700 SH N/A SOLE PII 147,700 N/A N/A
Snap - On, Inc. Common 833034101 1,129,050.00 31,200 SH N/A SOLE PII 31,200 N/A N/A
Snyder Communications Common 832914105 1,722,650.00 52,600 SH N/A SOLE PII 52,600 N/A N/A
Sonic Automotive Inc CL A 83545G102 323,125.00 23,500 SH N/A SOLE PII 23,500 N/A N/A
Sonic Corp Common 835451105 1,688,343.75 51,750 SH N/A SOLE PII 51,750 N/A N/A
Sony Corp ADR 835699307 2,100,603.54 19,300 SH N/A SOLE PII 19,300 N/A N/A
Sotheby's Holdings CL A 835898107 1,059,875.00 27,800 SH N/A SOLE PII 27,800 N/A N/A
Southern Co Common 842587107 4,494,400.00 169,600 SH N/A SOLE PII 169,600 N/A N/A
Southwest Airlines Common 844741108 7,426,425.00 238,600 SH N/A SOLE PII 238,600 N/A N/A
Southwest Bancorp Common 844767103 4,500,000.00 200,000 SH N/A SOLE PII 200,000 N/A N/A
Southwest Securities Group Common 845224104 1,191,050.00 16,600 SH N/A SOLE PII 16,600 N/A N/A
Sovereign Bancorp Inc Common 845905108 860,875.00 71,000 SH N/A SOLE PII 71,000 N/A N/A
Spartech Corp Com New 847220209 480,700.00 15,200 SH N/A SOLE PII 15,200 N/A N/A
Speedfam-Inc Common 847705100 361,406.25 22,500 SH N/A SOLE PII 22,500 N/A N/A
Sportsline USA Inc Common 848934105 667,275.00 18,600 SH N/A SOLE PII 18,600 N/A N/A
Sprint Corp Com Fon Group 852061100 9,602,712.50 168,100 SH N/A SOLE PII 168,100 N/A N/A
Staff Leasing Inc. Common 852381102 765,714.00 60,056 SH N/A SOLE PII 60,056 N/A N/A
Staples Inc Common 855030102 5,050,546.88 163,250 SH N/A SOLE PII 163,250 N/A N/A
Starbucks Corp Common 855244109 3,827,618.75 101,900 SH N/A SOLE PII 101,900 N/A N/A
Starmedia Network Inc Common 855546107 109,012.50 1,700 SH N/A SOLE PII 1,700 N/A N/A
Starwood Hotels & Resorts Paired CTF 85590A203 1,393,650.00 45,600 SH N/A SOLE PII 45,600 N/A N/A
Sterling Bancshares, Inc. Common 858907108 6,482,688.63 484,687 SH N/A SOLE PII 484,687 N/A N/A
Sterling Commerce Inc. Common 859205106 1,481,900.00 40,600 SH N/A SOLE PII 40,600 N/A N/A
Stone Energy Corp Common 861642106 444,937.50 10,500 SH N/A SOLE PII 10,500 N/A N/A
Summit Bancorp Common 866005101 5,866,293.75 140,300 SH N/A SOLE PII 140,300 N/A N/A
Summit Bancshares, Inc. Common 866011109 4,315,950.00 248,400 SH N/A SOLE PII 248,400 N/A N/A
Sun Microsystems Inc. Common 866810104 13,857,650.00 201,200 SH N/A SOLE PII 201,200 N/A N/A
Sunglass Hut International Common 86736F106 930,875.00 54,160 SH N/A SOLE PII 54,160 N/A N/A
Sunterra Corporation Common 86787D109 586,768.75 42,100 SH N/A SOLE PII 42,100 N/A N/A
Superior Consultant Holdings Inc Common 868146101 666,562.50 27,000 SH N/A SOLE PII 27,000 N/A N/A
Surety Cap. Corp. Common 868666207 989,437.50 527,700 SH N/A SOLE PII 527,700 N/A N/A
Swift Transporation Co Inc Common 870756103 558,800.00 25,400 SH N/A SOLE PII 25,400 N/A N/A
Swisscom AG Sponsored ADR 871013108 1,315,831.75 3,500 SH N/A SOLE PII 3,500 N/A N/A
Sykes Enterprises Inc Common 871237103 1,081,350.00 32,400 SH N/A SOLE PII 32,400 N/A N/A
Symantec Corp Common 871503108 923,100.00 36,200 SH N/A SOLE PII 36,200 N/A N/A
Taiwan Semiconductor Mfg. LTD Sponsored ADR 874039100 6,174,400.00 181,600 SH N/A SOLE PII 181,600 N/A N/A
Talisman Energy Inc. Common 87425E103 746,406.25 28,100 SH N/A SOLE PII 28,100 N/A N/A
Talk Com Inc Common 874264104 633,375.00 56,300 SH N/A SOLE PII 56,300 N/A N/A
Tele Centro Oeste Celular Sponsored ADR 87923P105 189.00 48 SH N/A SOLE PII 48 N/A N/A
Tele Centro Sul Part Sponsored ADR 879239101 1,209,900.00 21,800 SH N/A SOLE PII 21,800 N/A N/A
Tele Norte Leste Part S.A SPONS ADR PFD 879246106 1,067,343.75 57,500 SH N/A SOLE PII 57,500 N/A N/A
Telefonica Sponsored ADR 879382208 54,247.93 369 SH N/A SOLE PII 369 N/A N/A
Telesp Participacoes Sa Sponsored ADR 87952K100 1,676,737.50 73,300 SH N/A SOLE PII 73,300 N/A N/A
Telewest Communications PLC Sponsored ADR 87956P105 814,617.31 182,600 SH N/A SOLE PII 182,600 N/A N/A
Tellabs Inc Common 879664100 9,458,750.00 140,000 SH N/A SOLE PII 140,000 N/A N/A
Teradyne Inc Common 880770102 2,740,850.00 38,200 SH N/A SOLE PII 38,200 N/A N/A
Terayon Communication System Common 880775101 1,598,025.00 28,600 SH N/A SOLE PII 28,600 N/A N/A
Terex Corp Common 880779103 2,194,543.75 72,100 SH N/A SOLE PII 72,100 N/A N/A
Tetra Tech Inc Common 88162G103 551,842.52 33,445 SH N/A SOLE PII 33,445 N/A N/A
The Gap Inc Common 364760108 899,193.75 17,850 SH N/A SOLE PII 17,850 N/A N/A
Timberland Bancorp Common 887098101 499,375.00 42,500 SH N/A SOLE PII 42,500 N/A N/A
Timberland Company CL A 887100105 1,579,050.00 23,200 SH N/A SOLE PII 23,200 N/A N/A
Time Warner Inc. Common 887315109 7,930,650.00 107,900 SH N/A SOLE PII 107,900 N/A N/A
Time Warner Telecom CL A 887319101 2,340,300.00 80,700 SH N/A SOLE PII 80,700 N/A N/A
TLC The Laser Center Common 872934104 3,489,600.00 72,700 SH N/A SOLE PII 72,700 N/A N/A
Total Fina S.A Sponsored ADR 89150A108 1,998,094.07 15,500 SH N/A SOLE PII 15,500 N/A N/A
Trans World Entertainment Corp Common 89336Q100 837,000.00 74,400 SH N/A SOLE PII 74,400 N/A N/A
Transportation Technologies Common 89388T101 559,150.00 42,200 SH N/A SOLE PII 42,200 N/A N/A
Transwitch Corp Common 894065101 1,577,587.50 33,300 SH N/A SOLE PII 33,300 N/A N/A
Tricon Global Restaurants Common 895953107 6,765,625.00 125,000 SH N/A SOLE PII 125,000 N/A N/A
Trimeris Inc Common 896263100 282,750.00 19,500 SH N/A SOLE PII 19,500 N/A N/A
Triquint Semiconductor Inc Common 89774K103 511,312.50 9,000 SH N/A SOLE PII 9,000 N/A N/A
Triumph Group Inc Common 896818101 5,100.00 200 SH N/A SOLE PII 200 N/A N/A
TSI International Software Inc Common 872879101 766,125.00 27,000 SH N/A SOLE PII 27,000 N/A N/A
Tuboscope Inc Common 898600101 676,162.50 49,400 SH N/A SOLE PII 49,400 N/A N/A
Tut Systems Inc Common 901103101 1,331,100.00 27,200 SH N/A SOLE PII 27,200 N/A N/A
Tyco Int'l Ltd Common 902124106 8,082,175.00 85,300 SH N/A SOLE PII 85,300 N/A N/A
Ubid Inc Common 903469104 888,714.69 27,772 SH N/A SOLE PII 27,772 N/A N/A
UCBH Holdings Common 90262T308 4,035,937.50 225,000 SH N/A SOLE PII 225,000 N/A N/A
Ugly Ducking Corp Common 903512101 246,500.00 34,000 SH N/A SOLE PII 34,000 N/A N/A
Unibanco GDR Rep PFD 90458E107 1,514,493.75 62,940 SH N/A SOLE PII 62,940 N/A N/A
UniCapital Corp. Common 90459D108 15,781,250.00 2,500,000 SH N/A SOLE PII 2,500,000 N/A N/A
Unilever Plc Sponsored ADR 904767704 755,504.50 20,282 SH N/A SOLE PII 20,282 N/A N/A
Union Planters Corp. Common 908068109 20,283,656.25 453,900 SH N/A SOLE PII 453,900 N/A N/A
UnionBanCal Corp. Common 908906100 45,481,375.00 1,259,000 SH N/A SOLE PII 1,259,000 N/A N/A
Uniphase Corp Common 909149106 5,179,200.00 31,200 SH N/A SOLE PII 31,200 N/A N/A
Unit Corp Common 909218109 158,437.50 19,500 SH N/A SOLE PII 19,500 N/A N/A
United Pan-Europe Communica-
tion N.V. Sponsored ADR 911300200 1,192,436.74 22,000 SH N/A SOLE PII 22,000 N/A N/A
United Security Bancorp (WA) Common 91146A101 1,860,430.00 143,110 SH N/A SOLE PII 143,110 N/A N/A
United Stationers Inc. Common 913004107 2,039,400.00 92,700 SH N/A SOLE PII 92,700 N/A N/A
United Technologies Corp. Common 913017109 6,423,200.00 89,600 SH N/A SOLE PII 89,600 N/A N/A
Univision Communications CL A 914906102 2,527,800.00 38,300 SH N/A SOLE PII 38,300 N/A N/A
US Bancorp Common 902973106 3,298,050.00 209,400 SH N/A SOLE PII 209,400 N/A N/A
US Lec Corp CL A 90331S109 506,250.00 22,500 SH N/A SOLE PII 22,500 N/A N/A
USA Networks Inc Common 902984103 4,646,475.00 115,800 SH N/A SOLE PII 115,800 N/A N/A
USFreightways Corp Common 916906100 574,275.00 12,400 SH N/A SOLE PII 12,400 N/A N/A
USInternetworking Inc Common 917311805 340,200.00 8,100 SH N/A SOLE PII 8,100 N/A N/A
Usweb Corp Common 917327108 860,875.00 38,800 SH N/A SOLE PII 38,800 N/A N/A
UTI Energy Corp Common 903387108 308,062.50 18,600 SH N/A SOLE PII 18,600 N/A N/A
V F Corp Common 918204108 3,420,000.00 80,000 SH N/A SOLE PII 80,000 N/A N/A
Varco International Common 922126107 229,687.50 21,000 SH N/A SOLE PII 21,000 N/A N/A
Varlen Corp Common 922248109 1,161,823.50 28,687 SH N/A SOLE PII 28,687 N/A N/A
Veba AG Sponsored ADR 92239H102 1,426,390.11 24,200 SH N/A SOLE PII 24,200 N/A N/A
Verio Inc Common 923433106 1,320,500.00 19,000 SH N/A SOLE PII 19,000 N/A N/A
Verisign Inc Common 92343E102 3,467,250.00 40,200 SH N/A SOLE PII 40,200 N/A N/A
Veritas DGC Inc Common 92343P107 338,781.25 18,500 SH N/A SOLE PII 18,500 N/A N/A
Veritas Software Corp Common 923436109 4,476,303.13 47,150 SH N/A SOLE PII 47,150 N/A N/A
Veritcalnet Inc Common 92532L107 272,675.00 2,600 SH N/A SOLE PII 2,600 N/A N/A
Verity Inc Common 92343C106 682,762.50 12,600 SH N/A SOLE PII 12,600 N/A N/A
Viatel Inc Common 925529208 2,884,825.00 51,400 SH N/A SOLE PII 51,400 N/A N/A
Vignette Corp Common 926734104 1,785,000.00 23,800 SH N/A SOLE PII 23,800 N/A N/A
Visual Networks Inc Common 928444108 819,200.00 25,600 SH N/A SOLE PII 25,600 N/A N/A
Visx Inc Common 92844S105 4,109,831.25 51,900 SH N/A SOLE PII 51,900 N/A N/A
Vitesse Semiconductor Corp Common 928497106 2,704,243.75 40,100 SH N/A SOLE PII 40,100 N/A N/A
Vodafone Group PLC Sponsored ADR 92857T107 1,247,799.23 63,122 SH N/A SOLE PII 63,122 N/A N/A
Voicestream Wireless Corp Common 928615103 5,801,250.00 204,000 SH N/A SOLE PII 204,000 N/A N/A
Walgreen Co Common 931422109 804,875.00 27,400 SH N/A SOLE PII 27,400 N/A N/A
Wal-Mart Stores, Inc. Common 931142103 14,981,625.00 310,500 SH N/A SOLE PII 310,500 N/A N/A
Warner Lambert Co Common 934488107 901,875.00 13,000 SH N/A SOLE PII 13,000 N/A N/A
Washington Mutual, Inc. Common 939322103 34,306,675.00 969,800 SH N/A SOLE PII 969,800 N/A N/A
Weatherford Int'l Inc. Common 947074100 9,086,662.50 248,100 SH N/A SOLE PII 248,100 N/A N/A
Wellpoint Health Network New Common 94973H108 4,023,075.00 47,400 SH N/A SOLE PII 47,400 N/A N/A
West Coast Bancorp-Oregon Common 952145100 2,368,625.00 135,350 SH N/A SOLE PII 135,350 N/A N/A
Western Bancorp Common 957683105 274,050.00 6,300 SH N/A SOLE PII 6,300 N/A N/A
Western Gas Resources Inc Common 958259103 363,200.00 22,700 SH N/A SOLE PII 22,700 N/A N/A
Western Wireless Corp CL A 95988E204 785,700.00 29,100 SH N/A SOLE PII 29,100 N/A N/A
Westwood One Inc Common 961815107 2,119,837.50 59,400 SH N/A SOLE PII 59,400 N/A N/A
Whitehall Jewelers Inc Common 965063100 469,700.00 17,600 SH N/A SOLE PII 17,600 N/A N/A
Whittman-Hart Inc Common 966834103 2,879,725.00 90,700 SH N/A SOLE PII 90,700 N/A N/A
Williams Cos Inc. Common 969457100 5,648,043.75 132,700 SH N/A SOLE PII 132,700 N/A N/A
Williams Sonoma Inc Common 969904101 647,512.50 18,600 SH N/A SOLE PII 18,600 N/A N/A
Winnebago Industries Common 974637100 533,250.00 23,700 SH N/A SOLE PII 23,700 N/A N/A
Winstar Communications Common 975515107 8,549,336.25 175,371 SH N/A SOLE PII 175,371 N/A N/A
WMS Industries Inc Common 929297103 765,000.00 45,000 SH N/A SOLE PII 45,000 N/A N/A
Xerox Corp. Common 984121103 9,272,812.50 157,000 SH N/A SOLE PII 157,000 N/A N/A
Xilini Inc Common 983919101 4,242,225.00 74,100 SH N/A SOLE PII 74,100 N/A N/A
Xircom Common 983922105 1,037,156.25 34,500 SH N/A SOLE PII 34,500 N/A N/A
Xomed Surgical Products Inc Common 98412V107 662,150.00 13,600 SH N/A SOLE PII 13,600 N/A N/A
---------------- ----------
2,223,884,494.86 67,067,826
================ ==========
</TABLE>
