UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 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 November 15, 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: 546
Form 13F Information Table Value Total: $1,842,973
(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>
IN-
VEST-
MENT
DIS- OTHER VOTING
TITLE OF CUSIP MARKET SHARES OR SH PUT/ CRE- MANA- 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>
Aflac, Inc. Common 001055102 11,306,250.00 270,000 SH N/A SOLE PII 270,000 N/A N/A
Aes Corporation Common 00130H105 2,950,000.00 50,000 SH N/A SOLE PII 50,000 N/A N/A
Amfm Inc Common 001693100 1,230,892.50 20,220 SH N/A SOLE PII 20,220 N/A N/A
Arm Financial Group Inc-cl A Common 001944107 109,345.00 1,151,000 SH N/A SOLE PII 1,151,000 N/A N/A
AT&T Corp Common 001957109 5,904,820.50 135,743 SH N/A SOLE PII 135,743 N/A N/A
AT&T Corp Liberty Media COM LIB GRP A 001957208 11,183,980.50 301,252 SH N/A SOLE PII 301,252 N/A N/A
Avt Corporation Common 002420107 912,625.00 29,800 SH N/A SOLE PII 29,800 N/A N/A
Abbott Laboratories Common 002824100 7,765,275.00 211,300 SH N/A SOLE PII 211,300 N/A N/A
Abercrombie & Fitch CL A 002896207 1,464,687.50 43,000 SH N/A SOLE PII 43,000 N/A N/A
Acclaim Entertainment Inc Common 004325205 296,156.25 39,000 SH N/A SOLE PII 39,000 N/A N/A
Action Performance Cos Inc Common 004933107 1,025,743.75 48,700 SH N/A SOLE PII 48,700 N/A N/A
Adaptive Broadband Corp Common 00650M104 613,050.00 18,300 SH N/A SOLE PII 18,300 N/A N/A
Advance Paradigm Inc Common 007491103 635,100.00 11,600 SH N/A SOLE PII 11,600 N/A N/A
Advanced Digital Info Corp Common 007525108 506,187.50 18,200 SH N/A SOLE PII 18,200 N/A N/A
Advantage Learning Sys Inc Common 00757K100 419,062.50 22,500 SH N/A SOLE PII 22,500 N/A N/A
Aeroflex Inc Common 007768104 140,156.25 11,500 SH N/A SOLE PII 11,500 N/A N/A
Affiliated Computer Svcs Common 008190100 1,300,000.00 32,000 SH N/A SOLE PII 32,000 N/A N/A
Affiliated Managers Group Common 008252108 436,000.00 16,000 SH N/A SOLE PII 16,000 N/A N/A
Affymetrix Inc Common 00826T108 930,234.38 9,450 SH N/A SOLE PII 9,450 N/A N/A
Agile Software Corp Common 00846X105 172,800.00 2,700 SH N/A SOLE PII 2,700 N/A N/A
Aironet Wireless Comm Inc Common 00943A107 191,100.00 9,100 SH N/A SOLE PII 9,100 N/A N/A
Alabama National Bancorp Common 010317105 4,033,875.00 173,500 SH N/A SOLE PII 173,500 N/A N/A
Albertson's Inc Common 013104104 4,035,375.00 102,000 SH N/A SOLE PII 102,000 N/A N/A
Alcoa, Inc. Common 013817101 1,042,650.00 16,800 SH N/A SOLE PII 16,800 N/A N/A
Alkermes Inc Common 01642T108 874,459.38 30,350 SH N/A SOLE PII 30,350 N/A N/A
Allaire Corp Common 016714107 509,600.00 9,100 SH N/A SOLE PII 9,100 N/A N/A
Allergan Inc Common 018490102 3,036,000.00 27,600 SH N/A SOLE PII 27,600 N/A N/A
Alliance Capital Management UNIT LTD PARTN 018548107 26,307,075.00 958,800 SH N/A SOLE PII 958,800 N/A N/A
Alliedsignal, Inc Common 019512102 4,795,000.00 80,000 SH N/A SOLE PII 80,000 N/A N/A
Allmerica Financial Corp Common 019754100 1,138,237.50 23,900 SH N/A SOLE PII 23,900 N/A N/A
Allstate Corp Common 020002101 655,856.25 26,300 SH N/A SOLE PII 26,300 N/A N/A
Alltel Common 020039103 13,582,375.00 193,000 SH N/A SOLE PII 193,000 N/A N/A
Alpha Industries Inc. Common 020753109 1,940,375.00 34,400 SH N/A SOLE PII 34,400 N/A N/A
Alpharma Inc CL A 020813101 1,235,937.50 35,000 SH N/A SOLE PII 35,000 N/A N/A
Amerada Hess Corp Common 023551104 483,875.00 7,900 SH N/A SOLE PII 7,900 N/A N/A
America Online, Inc. Common 02364J104 12,084,800.00 116,200 SH N/A SOLE PII 116,200 N/A N/A
American Classic Voyages Common 024928103 470,218.75 20,500 SH N/A SOLE PII 20,500 N/A N/A
American Capital Strategies Common 024937104 355,200.00 19,200 SH N/A SOLE PII 19,200 N/A N/A
American Eagle Outfitters Common 02553E106 1,554,843.75 32,100 SH N/A SOLE PII 32,100 N/A N/A
American Express Common 025816109 861,600.00 6,400 SH N/A SOLE PII 6,400 N/A N/A
American Freightways Corp Common 02629V108 576,543.75 31,700 SH N/A SOLE PII 31,700 N/A N/A
American General Corp Common 026351106 4,107,187.50 65,000 SH N/A SOLE PII 65,000 N/A N/A
American General Del PFD CONV 7% 02637G200 2,982,000.00 37,275 SH N/A SOLE PII 37,275 N/A N/A
American Int'l Group Common 026874107 6,934,917.44 79,769 SH N/A SOLE PII 79,769 N/A N/A
American Safety Ins. Grp ORD G02995101 3,063,750.00 430,000 SH N/A SOLE PII 430,000 N/A N/A
American Tower Corp Common 029912201 919,437.50 47,000 SH N/A SOLE PII 47,000 N/A N/A
Ames Dept. Stores Com New 030789507 1,249,500.00 39,200 SH N/A SOLE PII 39,200 N/A N/A
Ameritech Corp New Common 030954101 161,250.00 2,400 SH N/A SOLE PII 2,400 N/A N/A
Amgen Inc Common 031162100 9,910,400.00 121,600 SH N/A SOLE PII 121,600 N/A N/A
Analog Devices Common 032654105 3,372,250.00 65,800 SH N/A SOLE PII 65,800 N/A N/A
Ancor Communications Inc. Common 03332K108 1,787,225.00 73,700 SH N/A SOLE PII 73,700 N/A N/A
Anheuser Busch Company Common 035229103 1,457,300.00 20,800 SH N/A SOLE PII 20,800 N/A N/A
Ann Taylor Stores Corp Common 036115103 1,847,550.00 45,200 SH N/A SOLE PII 45,200 N/A N/A
Antec Corp Common 03664P105 1,434,375.00 27,000 SH N/A SOLE PII 27,000 N/A N/A
Apache Common 037411105 3,886,875.00 90,000 SH N/A SOLE PII 90,000 N/A N/A
Apache Corp. ACES C DP 1/50 037411600 4,281,400.00 107,035 SH N/A SOLE PII 107,035 N/A N/A
Apple Computers Common 037833100 2,969,356.25 46,900 SH N/A SOLE PII 46,900 N/A N/A
Applied Graphics Technologies Common 037937109 8,238,255.00 955,160 SH N/A SOLE PII 955,160 N/A N/A
Applied Power Inc-cl A CL A 038225108 1,412,437.50 46,500 SH N/A SOLE PII 46,500 N/A N/A
Applied Micro Circuits Common 03822W109 5,301,000.00 93,000 SH N/A SOLE PII 93,000 N/A N/A
Applied Theory Corp. Common 03828R104 55,812.50 4,700 SH N/A SOLE PII 4,700 N/A N/A
Appnet Systems Inc Common 03831Q101 344,925.00 12,600 SH N/A SOLE PII 12,600 N/A N/A
Art Technology Group Inc Common 04289L107 536,681.25 14,100 SH N/A SOLE PII 14,100 N/A N/A
At Home Corp Com Ser A 045919107 2,287,350.00 55,200 SH N/A SOLE PII 55,200 N/A N/A
Astoria Financial Corp. Common 046265104 7,533,750.00 245,000 SH N/A SOLE PII 245,000 N/A N/A
Atlantic Richfield Common 048825103 8,685,250.00 98,000 SH N/A SOLE PII 98,000 N/A N/A
Atwood Oceanics Inc Common 050095108 345,356.25 11,300 SH N/A SOLE PII 11,300 N/A N/A
Automatic Data Processing Common 053015103 9,996,000.00 224,000 SH N/A SOLE PII 224,000 N/A N/A
Avery-dennison Corp Common 053611109 9,442,250.00 179,000 SH N/A SOLE PII 179,000 N/A N/A
Aware Inc Common 05453N100 424,575.00 14,800 SH N/A SOLE PII 14,800 N/A N/A
Bj Services Co. Common 055482103 4,135,625.00 130,000 SH N/A SOLE PII 130,000 N/A N/A
Bok Financial Corp Com New 05561Q201 170,313.00 8,734 SH N/A SOLE PII 8,734 N/A N/A
Bsb Bancorp Com 055652101 6,736,200.00 280,675 SH N/A SOLE PII 280,675 N/A N/A
Bmc Software Common 055921100 3,885,843.75 54,300 SH N/A SOLE PII 54,300 N/A N/A
Bnccorp Inc Common 055936108 276,750.00 36,000 SH N/A SOLE PII 36,000 N/A N/A
Bally Total Fitness Hldgs Common 05873K108 751,837.50 24,600 SH N/A SOLE PII 24,600 N/A N/A
Bancfirst Corp Common 05945F103 456,750.00 14,500 SH N/A SOLE PII 14,500 N/A N/A
Bancwest Corporation Common 059790105 6,443,125.00 158,600 SH N/A SOLE PII 158,600 N/A N/A
Bank Of America Corp Common 060505104 2,505,937.50 45,000 SH N/A SOLE PII 45,000 N/A N/A
Bank Of The Ozarks Common 063904106 2,652,750.00 157,200 SH N/A SOLE PII 157,200 N/A N/A
Bankboston Corporation Common 06605R106 31,273,375.00 721,000 SH N/A SOLE PII 721,000 N/A N/A
Banknorth Group Inc Common 06646L100 5,258,000.00 176,000 SH N/A SOLE PII 176,000 N/A N/A
Barrick Gold Corp Common 067901108 848,250.00 39,000 SH N/A SOLE PII 39,000 N/A N/A
Barrett Resources Corp Common 068480201 1,473,806.25 39,900 SH N/A SOLE PII 39,900 N/A N/A
Bausch & Lomb Inc Common 071707103 3,422,156.25 51,900 SH N/A SOLE PII 51,900 N/A N/A
Baxter Int. Common 071813109 8,254,250.00 137,000 SH N/A SOLE PII 137,000 N/A N/A
Bebe Stores Inc Common 075571109 414,950.00 17,200 SH N/A SOLE PII 17,200 N/A N/A
Bell Atlantic Corp Common 077853109 6,523,927.50 96,920 SH N/A SOLE PII 96,920 N/A N/A
Bergen Brunswig Corp CL A 083739102 770,260.75 74,242 SH N/A SOLE PII 74,242 N/A N/A
Best Buy Company Inc. Common 086516101 4,282,312.50 69,000 SH N/A SOLE PII 69,000 N/A N/A
Bindview Development Common 090327107 763,875.00 38,800 SH N/A SOLE PII 38,800 N/A N/A
Biogen Inc. Common 090597105 2,285,562.50 29,000 SH N/A SOLE PII 29,000 N/A N/A
Biovail Corp Intl Common 09067K106 1,223,075.00 24,100 SH N/A SOLE PII 24,100 N/A N/A
Black Box Corp Common 091826107 981,750.00 18,700 SH N/A SOLE PII 18,700 N/A N/A
Blockbuster Inc Common 093679108 986,850.00 77,400 SH N/A SOLE PII 77,400 N/A N/A
Boston Private Holding Common 101119105 232,375.00 26,000 SH N/A SOLE PII 26,000 N/A N/A
Bristol-myers Squibb Co Common 110122108 10,381,500.00 153,800 SH N/A SOLE PII 153,800 N/A N/A
Broadcom Corp. CL A 111320107 2,561,500.00 23,500 SH N/A SOLE PII 23,500 N/A N/A
Broadvision Inc Common 111412102 1,583,443.75 11,900 SH N/A SOLE PII 11,900 N/A N/A
The Buckle Inc Common 118440106 310,500.00 18,000 SH N/A SOLE PII 18,000 N/A N/A
Burr-brown Corp Common 122574106 908,500.00 23,000 SH N/A SOLE PII 23,000 N/A N/A
Business Objects Sponsored ADR 12328X107 3,776,000.00 64,000 SH N/A SOLE PII 64,000 N/A N/A
Cbt Group Plc-sponsored Adr Sponsored
ADR New 124853300 1,356,837.50 55,100 SH N/A SOLE PII 55,100 N/A N/A
Cbs Corporation Common 12490K107 8,103,000.00 175,200 SH N/A SOLE PII 175,200 N/A N/A
C-cube Microsystems Common 125015107 1,735,650.00 39,900 SH N/A SOLE PII 39,900 N/A N/A
Cdw Computer Centers Inc Common 125129106 1,173,000.00 24,000 SH N/A SOLE PII 24,000 N/A N/A
Cfi Proservices Common 12525N100 2,371,953.13 242,500 SH N/A SOLE PII 242,500 N/A N/A
Cit Group Inc Common 125577106 822,500.00 40,000 SH N/A SOLE PII 40,000 N/A N/A
Cmgi Inc Common 125750109 3,505,500.00 34,200 SH N/A SOLE PII 34,200 N/A N/A
Cnbt Bankshares, Inc. Common 125972109 1,099,575.00 108,600 SH N/A SOLE PII 108,600 N/A N/A
Cts Corp. Common 126501105 1,541,000.00 26,800 SH N/A SOLE PII 26,800 N/A N/A
Cal Dive Intl Inc Common 127914109 928,175.00 27,100 SH N/A SOLE PII 27,100 N/A N/A
Calpine Corporation Common 131347106 1,395,025.00 16,400 SH N/A SOLE PII 16,400 N/A N/A
Campbell Soup Co Common 134429109 1,760,625.00 45,000 SH N/A SOLE PII 45,000 N/A N/A
Canandaigua Brands Inc CL A 137219200 1,362,300.00 22,800 SH N/A SOLE PII 22,800 N/A N/A
Carnival Corp Commn Common 143658102 5,976,900.00 137,400 SH N/A SOLE PII 137,400 N/A N/A
Casella Waste Systems CL A 147448104 327,075.00 19,600 SH N/A SOLE PII 19,600 N/A N/A
Cemex Sa Spons Adr SPON ADR 5 ORD 151290889 3,171,187.83 131,448 SH N/A SOLE PII 131,448 N/A N/A
Century Business Services Common 156490104 826,537.50 71,100 SH N/A SOLE PII 71,100 N/A N/A
Cephalon Inc Common 156708109 4,265,423.44 116,950 SH N/A SOLE PII 116,950 N/A N/A
Cerner Corp Common 156782104 274,500.00 18,000 SH N/A SOLE PII 18,000 N/A N/A
Championship Auto Racing Common 158711101 252,200.00 9,700 SH N/A SOLE PII 9,700 N/A N/A
Charter One Fin Inc Common 160903100 48,019,571.46 2,076,522 SH N/A SOLE PII 2,076,522 N/A N/A
Chase Manhattan Corp New Common 16161A108 5,720,962.50 75,900 SH N/A SOLE PII 75,900 N/A N/A
Chevron Corp Common 166751107 8,040,750.00 90,600 SH N/A SOLE PII 90,600 N/A N/A
Chieftain Intl Inc Common 16867C101 174,800.00 9,200 SH N/A SOLE PII 9,200 N/A N/A
Children's Place Common 168905107 1,246,050.00 46,800 SH N/A SOLE PII 46,800 N/A N/A
Chittenden Corp Common 170228100 3,135,000.00 110,000 SH N/A SOLE PII 110,000 N/A N/A
Ciena Corp Common 171779101 5,062,550.00 138,700 SH N/A SOLE PII 138,700 N/A N/A
Cincinnati Bell Inc Common 171870108 1,282,875.00 66,000 SH N/A SOLE PII 66,000 N/A N/A
Cinar Corp SUB VTG SHS B 171905300 850,025.00 28,100 SH N/A SOLE PII 28,100 N/A N/A
Circuit City Stores CIRCT CITY GRP 172737108 4,590,000.00 108,800 SH N/A SOLE PII 108,800 N/A N/A
Cisco Systems Common 17275R102 14,404,981.25 210,100 SH N/A SOLE PII 210,100 N/A N/A
Citadel Communications Common 172853202 1,242,150.00 36,400 SH N/A SOLE PII 36,400 N/A N/A
Citigroup Inc Common 172967101 5,115,000.00 116,250 SH N/A SOLE PII 116,250 N/A N/A
City National Corp Common 178566105 617,550.00 18,400 SH N/A SOLE PII 18,400 N/A N/A
Clarent Corp Common 180461105 1,202,125.00 23,600 SH N/A SOLE PII 23,600 N/A N/A
Clarify Inc Common 180492100 1,725,718.75 34,300 SH N/A SOLE PII 34,300 N/A N/A
Clearnet Communications
- Cl A CL A NON-VTG 184902104 1,654,525.00 91,600 SH N/A SOLE PII 91,600 N/A N/A
Coflexip-sponsored Adr SPONSORED ADR 192384105 1,838,375.00 38,500 SH N/A SOLE PII 38,500 N/A N/A
Kenneth Cole Productions-a CL A 193294105 691,437.50 18,500 SH N/A SOLE PII 18,500 N/A N/A
Colgate-palmolive Company Common 194162103 736,575.00 16,100 SH N/A SOLE PII 16,100 N/A N/A
Colonial Bancgroup, Inc. Common 195493309 3,244,375.00 290,000 SH N/A SOLE PII 290,000 N/A N/A
Columbia Bancorp Common 197227101 1,595,156.25 124,500 SH N/A SOLE PII 124,500 N/A N/A
Columbia Energy Group Common 197648108 1,284,700.00 23,200 SH N/A SOLE PII 23,200 N/A N/A
Comcast Corp CL A SPL 200300200 11,324,500.00 284,000 SH N/A SOLE PII 284,000 N/A N/A
Comdisco Inc Common 200336105 1,506,375.00 78,000 SH N/A SOLE PII 78,000 N/A N/A
Comerica Inc Common 200340107 34,308,562.50 677,700 SH N/A SOLE PII 677,700 N/A N/A
Commerce Bancshares Inc Common 200525103 4,472,390.50 126,428 SH N/A SOLE PII 126,428 N/A N/A
Commerce One Inc. Common 200693109 175,893.75 1,800 SH N/A SOLE PII 1,800 N/A N/A
Commercial Federal Corp Common 201647104 24,751,785.94 1,261,238 SH N/A SOLE PII 1,261,238 N/A N/A
Commscope Inc Common 203372107 1,196,000.00 36,800 SH N/A SOLE PII 36,800 N/A N/A
Community Bank Systems Inc Common 203607106 5,789,812.50 211,500 SH N/A SOLE PII 211,500 N/A N/A
Community First Bankshares Common 203902101 5,694,873.75 337,474 SH N/A SOLE PII 337,474 N/A N/A
Compaq Computer Common 204493100 4,855,868.75 211,700 SH N/A SOLE PII 211,700 N/A N/A
Compass Bancshares Inc Common 20449H109 1,107,500.00 44,300 SH N/A SOLE PII 44,300 N/A N/A
Computer Sciences Common 205363104 9,365,625.00 133,200 SH N/A SOLE PII 133,200 N/A N/A
Comsat Corp COM SER 1 20564D107 1,164,262.50 39,300 SH N/A SOLE PII 39,300 N/A N/A
Comverse Technology Inc. COM PAR $0.10 205862402 3,489,562.50 37,000 SH N/A SOLE PII 37,000 N/A N/A
Concentric Network Corp Common 20589R107 670,312.50 33,000 SH N/A SOLE PII 33,000 N/A N/A
Concord Efs Inc Common 206197105 1,871,718.75 90,750 SH N/A SOLE PII 90,750 N/A N/A
Conexant Systems Inc Common 207142100 4,679,062.50 64,400 SH N/A SOLE PII 64,400 N/A N/A
Conoco Inc. Class B CL B 208251405 4,418,680.88 161,413 SH N/A SOLE PII 161,413 N/A N/A
Consolidated Graphics Inc Common 209341106 1,706,062.50 40,500 SH N/A SOLE PII 40,500 N/A N/A
Consolidated Stores Corp Common 210149100 9,469,357.38 429,206 SH N/A SOLE PII 429,206 N/A N/A
Convergys Corp Common 212485106 1,139,218.75 57,500 SH N/A SOLE PII 57,500 N/A N/A
Cor Therapeutics Inc Common 217753102 595,650.00 31,350 SH N/A SOLE PII 31,350 N/A N/A
Costco Wholesale Corp. Common 22160K105 6,465,600.00 89,800 SH N/A SOLE PII 89,800 N/A N/A
Covad Comm Group Common 222814204 1,804,781.25 41,400 SH N/A SOLE PII 41,400 N/A N/A
Creative Computers Inc Common 22527E107 251,175.00 39,400 SH N/A SOLE PII 39,400 N/A N/A
Credence Systems Corp Common 225302108 1,839,875.00 41,000 SH N/A SOLE PII 41,000 N/A N/A
Crossmann Communities Common 22764E109 327,881.25 20,100 SH N/A SOLE PII 20,100 N/A N/A
Crown Castle Int'l Corp Common 228227104 2,291,175.00 122,400 SH N/A SOLE PII 122,400 N/A N/A
Cutter & Buck Inc Common 232217109 28,012.50 1,800 SH N/A SOLE PII 1,800 N/A N/A
Cymer Inc Common 232572107 1,328,531.25 38,300 SH N/A SOLE PII 38,300 N/A N/A
Cypress Semiconductor Corp Common 232806109 1,550,150.00 72,100 SH N/A SOLE PII 72,100 N/A N/A
Daimlerchrysler W/i ORD D1668R123 756,868.75 10,900 SH N/A SOLE PII 10,900 N/A N/A
D.r. Horton, Inc Common 23331A109 8,478,914.06 655,375 SH N/A SOLE PII 655,375 N/A N/A
Dsp Group Inc. Common 23332B106 897,187.50 22,500 SH N/A SOLE PII 22,500 N/A N/A
Dal-tile Int'l Inc Common 23426R108 288,131.25 36,300 SH N/A SOLE PII 36,300 N/A N/A
Dayton - Hudson Common 239753106 1,201,250.00 20,000 SH N/A SOLE PII 20,000 N/A N/A
Dell Computer Corporation Common 247025109 10,235,700.00 244,800 SH N/A SOLE PII 244,800 N/A N/A
Digital Microwave Corp. Common 253859102 715,350.00 45,600 SH N/A SOLE PII 45,600 N/A N/A
Disney Walt Co Common 254687106 3,622,500.00 140,000 SH N/A SOLE PII 140,000 N/A N/A
Ditech Communications Corp Common 25500M103 425,250.00 8,100 SH N/A SOLE PII 8,100 N/A N/A
Doubleclick Common 258609304 1,727,312.50 14,500 SH N/A SOLE PII 14,500 N/A N/A
Dover Corp. Common 260003108 4,905,000.00 120,000 SH N/A SOLE PII 120,000 N/A N/A
Dupont Common 263534109 5,008,977.63 82,283 SH N/A SOLE PII 82,283 N/A N/A
Duke Power Co Common 264399106 6,907,162.50 125,300 SH N/A SOLE PII 125,300 N/A N/A
Dycom Industries Common 267475101 985,078.13 23,350 SH N/A SOLE PII 23,350 N/A N/A
E-loan Inc Common 26861P107 30,187.50 1,400 SH N/A SOLE PII 1,400 N/A N/A
Eog Resources Inc Common 26875P101 4,035,375.00 189,900 SH N/A SOLE PII 189,900 N/A N/A
Etec Systems Inc Common 26922C103 1,034,687.50 27,500 SH N/A SOLE PII 27,500 N/A N/A
Efficient Networks Inc Common 282056100 491,062.50 13,500 SH N/A SOLE PII 13,500 N/A N/A
Elbit Ltd ORD 284275104 347,625.00 27,000 SH N/A SOLE PII 27,000 N/A N/A
Electro Scientific Inds Common 285229100 1,507,859.38 28,300 SH N/A SOLE PII 28,300 N/A N/A
Electronics For Imaging Common 286082102 1,722,109.38 33,500 SH N/A SOLE PII 33,500 N/A N/A
Elf Aquitane-sponsored Sponsored ADR 286269105 9,959,637.50 108,700 SH N/A SOLE PII 108,700 N/A N/A
Emerson Electric Co Common 291011104 3,475,312.50 55,000 SH N/A SOLE PII 55,000 N/A N/A
Emmis Communications Common 291525103 2,477,343.75 37,500 SH N/A SOLE PII 37,500 N/A N/A
Emulex Corp Common 292475209 772,875.00 9,000 SH N/A SOLE PII 9,000 N/A N/A
Enron Common 293561106 750,750.00 18,200 SH N/A SOLE PII 18,200 N/A N/A
Enron Oil & Gas Common 293562104 5,378,375.00 253,100 SH N/A SOLE PII 253,100 N/A N/A
Entercom Communications CL A 293639100 1,173,600.00 32,600 SH N/A SOLE PII 32,600 N/A N/A
Equant NY REG SHS 294409107 1,367,100.00 16,800 SH N/A SOLE PII 16,800 N/A N/A
Equifax Common 294429105 5,765,625.00 205,000 SH N/A SOLE PII 205,000 N/A N/A
Ericsson (lm) Tel-sp Adr ADR CL B SEK10 294821400 1,987,500.00 63,600 SH N/A SOLE PII 63,600 N/A N/A
Excel Switching Corp Common 30067V108 484,312.50 13,500 SH N/A SOLE PII 13,500 N/A N/A
Exchange Applications Common 300867108 212,156.25 7,300 SH N/A SOLE PII 7,300 N/A N/A
Exodus Communications Common 302088109 4,338,162.50 60,200 SH N/A SOLE PII 60,200 N/A N/A
Expeditors International Common 302130109 1,219,562.50 38,000 SH N/A SOLE PII 38,000 N/A N/A
Exxon Corp Common 302290101 774,562.50 10,200 SH N/A SOLE PII 10,200 N/A N/A
Factory 2-u Stores Inc Common 303072102 268,875.00 9,000 SH N/A SOLE PII 9,000 N/A N/A
Factset Research Systems Common 303075105 699,562.50 12,300 SH N/A SOLE PII 12,300 N/A N/A
Fairchild Semicon Intl - Cl A CL A 303726103 533,450.00 22,700 SH N/A SOLE PII 22,700 N/A N/A
Fdx Corporation Common 31304N107 751,750.00 19,400 SH N/A SOLE PII 19,400 N/A N/A
Freddie Mac Common 313400301 3,936,400.00 75,700 SH N/A SOLE PII 75,700 N/A N/A
Fannie Mae Common 313586109 4,588,725.00 73,200 SH N/A SOLE PII 73,200 N/A N/A
F5 Networks Inc Common 315616102 1,380,400.00 20,300 SH N/A SOLE PII 20,300 N/A N/A
Flextronics Intl ORD Y2573F102 2,193,668.75 37,700 SH N/A SOLE PII 37,700 N/A N/A
Financial Institutions, Inc. Common 317585404 2,264,062.50 175,000 SH N/A SOLE PII 175,000 N/A N/A
Finova Group Inc Common 317928109 679,447.50 18,615 SH N/A SOLE PII 18,615 N/A N/A
First Mutual Savings Bank Common 320918105 1,255,800.00 124,800 SH N/A SOLE PII 124,800 N/A N/A
First Union Corporation Common 337358105 12,738,025.19 358,187 SH N/A SOLE PII 358,187 N/A N/A
First United Bancshares
Arkansas Common 33741E104 2,218,750.00 125,000 SH N/A SOLE PII 125,000 N/A N/A
First Wash Bancorp Common 33748T104 333,375.00 19,050 SH N/A SOLE PII 19,050 N/A N/A
Fleet Financial Group Inc Common 338915101 4,274,430.50 116,708 SH N/A SOLE PII 116,708 N/A N/A
Flycast Communications Corp Common 344067103 887,250.00 19,500 SH N/A SOLE PII 19,500 N/A N/A
Focal Communications Corp Common 344155106 907,125.00 35,400 SH N/A SOLE PII 35,400 N/A N/A
Foodmaker Inc Com New 344839204 945,131.25 37,900 SH N/A SOLE PII 37,900 N/A N/A
Ford Motor Co. Common 345370100 803,000.00 16,000 SH N/A SOLE PII 16,000 N/A N/A
Forest Laboratories CL A 345838106 2,754,975.00 65,400 SH N/A SOLE PII 65,400 N/A N/A
Forest Oil Corp Com New 346091606 392,437.50 23,000 SH N/A SOLE PII 23,000 N/A N/A
Forrester Research Inc Common 346563109 460,200.00 11,800 SH N/A SOLE PII 11,800 N/A N/A
Fortune Brands Inc. Common 349631101 677,250.00 21,000 SH N/A SOLE PII 21,000 N/A N/A
Forward Air Corp Common 349853101 328,387.50 13,900 SH N/A SOLE PII 13,900 N/A N/A
Freedom Securities Corp Common 35644K103 7,740,900.00 573,400 SH N/A SOLE PII 573,400 N/A N/A
Gst Telecommunications Common 361942105 558,281.25 79,400 SH N/A SOLE PII 79,400 N/A N/A
Gadzoox Networks Inc Common 362555104 689,600.00 12,800 SH N/A SOLE PII 12,800 N/A N/A
Gannett Co Common 364730101 816,412.50 11,800 SH N/A SOLE PII 11,800 N/A N/A
The Gap Inc Common 364760108 683,200.00 21,350 SH N/A SOLE PII 21,350 N/A N/A
Genentech Inc Com New 368710406 11,997,625.00 82,000 SH N/A SOLE PII 54,100 N/A N/A
General Electric Common 369604103 8,524,643.75 71,900 SH N/A SOLE PII 71,900 N/A N/A
General Instrument Corp Common 370120107 3,912,562.50 81,300 SH N/A SOLE PII 81,300 N/A N/A
Genesco Common 371532102 343,750.00 27,500 SH N/A SOLE PII 27,500 N/A N/A
Gentex Corp Common 371901109 1,119,568.75 54,200 SH N/A SOLE PII 54,200 N/A N/A
Genesys Telecomm Labs Inc Common 371931106 2,288,943.75 50,100 SH N/A SOLE PII 50,100 N/A N/A
Genesis Microchip Common 371933102 49,525.00 2,800 SH N/A SOLE PII 2,800 N/A N/A
Genzyme Corp Com GENL DIV 372917104 1,766,450.00 39,200 SH N/A SOLE PII 39,200 N/A N/A
Getty Images Inc Common 374276103 740,637.50 30,700 SH N/A SOLE PII 30,700 N/A N/A
Gilead Sciences Inc Common 375558103 4,736,203.06 73,787 SH N/A SOLE PII 73,787 N/A N/A
Gillette Common 375766102 682,143.75 20,100 SH N/A SOLE PII 20,100 N/A N/A
Global Industries Ltd Common 379336100 749,125.00 92,200 SH N/A SOLE PII 92,200 N/A N/A
Globespan Inc Common 379571102 170,437.50 2,700 SH N/A SOLE PII 2,700 N/A N/A
Golden West Fin Corp Common 381317106 29,307,975.00 298,300 SH N/A SOLE PII 257,800 N/A N/A
Greater Bay Bancorp Common 391648102 6,243,840.00 184,320 SH N/A SOLE PII 184,320 N/A N/A
Gulf Indonesia Resources Ltd Common 402284103 932,793.75 92,700 SH N/A SOLE PII 92,700 N/A N/A
Hain Food Group Inc Common 405219106 670,725.00 27,100 SH N/A SOLE PII 27,100 N/A N/A
Halliburton Co Common 406216101 10,610,800.00 258,800 SH N/A SOLE PII 258,800 N/A N/A
Hambrecht & Quist Group Common 406545103 1,424,081.25 29,100 SH N/A SOLE PII 29,100 N/A N/A
Hamilton Bancorp Inc Common 407013101 818,125.00 38,500 SH N/A SOLE PII 38,500 N/A N/A
John Hancock Bank & Thrift
Opp Fd SH BEN INT 409735107 848,300.00 99,800 SH N/A SOLE PII 99,800 N/A N/A
Harbinger Corp Common 41145C103 1,098,562.50 65,100 SH N/A SOLE PII 65,100 N/A N/A
Harley Davidson Inc Common 412822108 4,505,625.00 90,000 SH N/A SOLE PII 90,000 N/A N/A
Harmonic Inc Common 413160102 601,737.50 4,600 SH N/A SOLE PII 4,600 N/A N/A
Healthsouth Corp. Common 421924101 363,750.00 60,000 SH N/A SOLE PII 60,000 N/A N/A
Heinz (h.j.) Co Common 423074103 5,590,000.00 130,000 SH N/A SOLE PII 130,000 N/A N/A
Hewlett Packard Common 428236103 8,500,800.00 92,400 SH N/A SOLE PII 92,400 N/A N/A
Highland Bancorp, Inc. Common 429879109 3,700,125.00 198,000 SH N/A SOLE PII 198,000 N/A N/A
Hillenbrand Industries Common 431573104 1,688,000.00 64,000 SH N/A SOLE PII 64,000 N/A N/A
Hispanic Broadcasting Corp. CL A 43357B104 2,519,737.50 33,100 SH N/A SOLE PII 33,100 N/A N/A
Hollywood Entertainment Corp Common 436141105 462,000.00 30,800 SH N/A SOLE PII 30,800 N/A N/A
Home Depot Inc. Common 437076102 19,057,162.50 277,700 SH N/A SOLE PII 277,700 N/A N/A
Honeywell Inc. Common 438506107 6,456,125.00 58,000 SH N/A SOLE PII 58,000 N/A N/A
Hooper Holmes Inc Common 439104100 397,187.50 15,500 SH N/A SOLE PII 15,500 N/A N/A
Hudson City Bancorp Inc Common 443683107 6,875,000.00 500,000 SH N/A SOLE PII 500,000 N/A N/A
Hudson United Bancorp Common 444165104 9,652,015.63 313,250 SH N/A SOLE PII 313,250 N/A N/A
Hyperion Telecomm Inc-cl A CL A 44914K306 684,825.00 27,600 SH N/A SOLE PII 27,600 N/A N/A
Idec Pharmaceuticals Common 449370105 1,335,243.75 14,200 SH N/A SOLE PII 14,200 N/A N/A
Ims Health Inc Common 449934108 1,528,437.50 67,000 SH N/A SOLE PII 67,000 N/A N/A
Iss Group Inc Common 450306105 1,705,850.00 62,600 SH N/A SOLE PII 62,600 N/A N/A
Imclone Systems Common 45245W109 1,220,275.00 36,700 SH N/A SOLE PII 36,700 N/A N/A
Immunex Corp Common 452528102 1,205,825.00 27,800 SH N/A SOLE PII 27,800 N/A N/A
Independent Bank
Corporation-Mich Common 453838104 2,750,477.20 179,623 SH N/A SOLE PII 179,623 N/A N/A
Inet Technologies Inc Common 45662V105 897,890.63 22,500 SH N/A SOLE PII 22,500 N/A N/A
Infospace.com Inc Common 45678T102 1,517,512.50 36,900 SH N/A SOLE PII 36,900 N/A N/A
Inktomi Corp. Common 457277101 2,124,553.13 17,700 SH N/A SOLE PII 17,700 N/A N/A
Insight Enterprises Common 45765U103 1,109,062.50 34,125 SH N/A SOLE PII 34,125 N/A N/A
Insight Communications Inc. CL A 45768V108 1,989,437.50 69,500 SH N/A SOLE PII 69,500 N/A N/A
Integrated Device
Technology Inc Common 458118106 832,500.00 45,000 SH N/A SOLE PII 45,000 N/A N/A
Integrated Silicon Solution Common 45812P107 28,456.25 2,900 SH N/A SOLE PII 2,900 N/A N/A
Intel Corp Common 458140100 12,477,068.75 167,900 SH N/A SOLE PII 167,900 N/A N/A
Interliant Inc Common 458742103 89,531.25 7,500 SH N/A SOLE PII 7,500 N/A N/A
Intl Aircraft Investors Common 458860103 2,507,812.50 375,000 SH N/A SOLE PII 375,000 N/A N/A
Intl Business Machines Common 459200101 6,881,962.50 56,700 SH N/A SOLE PII 56,700 N/A N/A
International Paper Common 460146103 6,627,818.75 137,900 SH N/A SOLE PII 137,900 N/A N/A
Internet Capital Group Inc Common 46059C106 2,135,362.50 24,300 SH N/A SOLE PII 24,300 N/A N/A
Internet Initiative Adr Sponsored ADR 46059T109 3,264,000.00 51,000 SH N/A SOLE PII 51,000 N/A N/A
Interwest Bancorp Inc Common 460931108 3,100,050.00 149,400 SH N/A SOLE PII 149,400 N/A N/A
Jds Uniphase Corp Common 46612J101 5,280,900.00 46,400 SH N/A SOLE PII 46,400 N/A N/A
Jo-ann Stores CL B NON VTG 47758P208 527,162.50 46,600 SH N/A SOLE PII 46,600 N/A N/A
Johnson & Johnson Common 478160104 19,596,937.50 213,300 SH N/A SOLE PII 213,300 N/A N/A
Kmart Common 482584109 1,638,587.50 140,200 SH N/A SOLE PII 140,200 N/A N/A
Kn Energy Common 482620101 1,413,562.50 63,000 SH N/A SOLE PII 63,000 N/A N/A
K Swiss Inc CL A 482686102 1,420,312.50 45,000 SH N/A SOLE PII 45,000 N/A N/A
Keycorp Common 493267108 13,572,212.50 525,800 SH N/A SOLE PII 525,800 N/A N/A
Keystone Automotive Inds Inc Common 49338N109 4,517,187.50 413,000 SH N/A SOLE PII 413,000 N/A N/A
Kohls Corp Common 500255104 1,732,475.00 26,200 SH N/A SOLE PII 26,200 N/A N/A
Phillips Electronics SPON ADR NEW 500472204 1,656,400.00 16,400 SH N/A SOLE PII 16,400 N/A N/A
Kopin Corp Common 500600101 507,825.00 18,300 SH N/A SOLE PII 18,300 N/A N/A
Korea Telecom Sponsored ADR 50063P103 647,500.00 17,500 SH N/A SOLE PII 17,500 N/A N/A
Lsi Logic Inc Common 502161102 4,985,200.00 96,800 SH N/A SOLE PII 96,800 N/A N/A
L-3 Communications Common 502424104 1,978,100.00 52,400 SH N/A SOLE PII 52,400 N/A N/A
Lamar Capital Corporation Common 51282P106 2,175,000.00 200,000 SH N/A SOLE PII 200,000 N/A N/A
Lason Inc Common 51808R107 1,558,593.75 35,000 SH N/A SOLE PII 35,000 N/A N/A
Laurel Capital Group, Inc. Common 518629100 899,126.88 63,655 SH N/A SOLE PII 63,655 N/A N/A
Lexmark Intl Group Inc. CL A 529771107 3,711,050.00 46,100 SH N/A SOLE PII 46,100 N/A N/A
Liberate Technologies Common 530129105 286,450.00 6,800 SH N/A SOLE PII 6,800 N/A N/A
Liberty Financial Co., Inc. Common 530512102 4,716,562.50 215,000 SH N/A SOLE PII 215,000 N/A N/A
Liquid Audio Common 53631T102 1,002,700.00 27,100 SH N/A SOLE PII 27,100 N/A N/A
Lockheed Martin Corp Common 539830109 686,437.50 21,000 SH N/A SOLE PII 21,000 N/A N/A
Louis Dreyfus Natural Gas Common 546011107 394,450.00 18,400 SH N/A SOLE PII 18,400 N/A N/A
Lowe's Companies Common 548661107 5,850,000.00 120,000 SH N/A SOLE PII 120,000 N/A N/A
Lucent Technologies Common 549463107 10,607,062.51 163,500 SH N/A SOLE PII 163,500 N/A N/A
Luminant Worldwide Corp Common 550260103 123,000.00 4,000 SH N/A SOLE PII 4,000 N/A N/A
Mci Worldcom, Inc. Common 55268B106 15,489,062.50 215,500 SH N/A SOLE PII 215,500 N/A N/A
Memc Electronics Materials Common 552715104 378,125.00 27,500 SH N/A SOLE PII 27,500 N/A N/A
Mgc Communications Inc Common 552763302 222,296.25 10,778 SH N/A SOLE PII 10,778 N/A N/A
Mmc Networks Inc Common 55308N102 835,825.00 26,800 SH N/A SOLE PII 26,800 N/A N/A
Matav Rt - Adr Sponsored ADR 559776109 2,493,375.00 91,500 SH N/A SOLE PII 91,500 N/A N/A
Mail.com Inc CL A 560311102 129,375.00 9,000 SH N/A SOLE PII 9,000 N/A N/A
Mapquest.com Inc Common 565644101 190,000.00 16,000 SH N/A SOLE PII 16,000 N/A N/A
Marine Drilling Company Com PAR $0.01 568240204 1,189,100.00 75,200 SH N/A SOLE PII 75,200 N/A N/A
Marsh & Mclennan Common 571748102 4,027,800.00 58,800 SH N/A SOLE PII 58,800 N/A N/A
Maxim Integrated Products Common 57772K101 1,817,100.00 28,800 SH N/A SOLE PII 28,800 N/A N/A
Maverick Tube Corp. Common 577914104 84,987.00 5,112 SH N/A SOLE PII 5,112 N/A N/A
Mcdonalds Corp Common 580135101 13,287,000.00 309,000 SH N/A SOLE PII 309,000 N/A N/A
Mcleodusa, Inc. Common 582266102 2,745,281.25 64,500 SH N/A SOLE PII 64,500 N/A N/A
Medical Manager Corp. Common 58461U103 1,925,325.00 38,700 SH N/A SOLE PII 38,700 N/A N/A
Merck & Co. Common 589331107 4,750,756.25 73,300 SH N/A SOLE PII 73,300 N/A N/A
Michaels Stores Inc Common 594087108 5,548,950.00 188,100 SH N/A SOLE PII 188,100 N/A N/A
Microsoft Corp Common 594918104 10,885,612.50 120,200 SH N/A SOLE PII 120,200 N/A N/A
Millennium Pharmaceuticals Common 599902103 2,024,750.00 31,150 SH N/A SOLE PII 31,150 N/A N/A
Monaco Coach Corp Common 60886R103 392,437.50 16,100 SH N/A SOLE PII 16,100 N/A N/A
Montana Power Co Common 612085100 1,369,687.50 45,000 SH N/A SOLE PII 45,000 N/A N/A
Motorola Inc Common 620076109 10,384,000.00 118,000 SH N/A SOLE PII 118,000 N/A N/A
Ncl Holding Asa Sponsored ADR 628853103 524,400.00 45,600 SH N/A SOLE PII 45,600 N/A N/A
Nabors Industries Inc. Common 629568106 802,500.00 32,100 SH N/A SOLE PII 32,100 N/A N/A
Natl City Bancorporation Common 635312101 2,329,250.00 133,100 SH N/A SOLE PII 133,100 N/A N/A
National City Corp Common 635405103 20,586,737.50 771,400 SH N/A SOLE PII 771,400 N/A N/A
National Info Consortium Inc Common 636491102 202,437.50 8,200 SH N/A SOLE PII 8,200 N/A N/A
National Instruments Corp Common 636518102 1,037,339.06 29,350 SH N/A SOLE PII 29,350 N/A N/A
Netopia Common 64114K104 1,351,762.50 33,900 SH N/A SOLE PII 33,900 N/A N/A
Netobjects Common 64114L102 55,687.50 9,900 SH N/A SOLE PII 9,900 N/A N/A
Network Appliance Inc Common 64120L104 5,242,950.00 73,200 SH N/A SOLE PII 56,100 N/A N/A
Network Solutions Inc Common 64121Q102 4,465,125.00 48,600 SH N/A SOLE PII 48,600 N/A N/A
New York Times CL A 650111107 5,812,500.00 155,000 SH N/A SOLE PII 155,000 N/A N/A
Newgen Results Common 651359101 23,925.00 2,200 SH N/A SOLE PII 2,200 N/A N/A
Nextel Communications Inc CL A 65332V103 2,522,625.00 37,200 SH N/A SOLE PII 37,200 N/A N/A
Nextlink Communications-a CL A 65333H707 2,270,756.25 43,800 SH N/A SOLE PII 43,800 N/A N/A
Nokia Corp Adr Sponsored ADR 654902204 17,163,168.75 191,100 SH N/A SOLE PII 144,900 N/A N/A
Nortel Networks Common 656569100 1,428,000.00 28,000 SH N/A SOLE PII 28,000 N/A N/A
North Fork Bancorp Common 659424105 5,959,200.00 305,600 SH N/A SOLE PII 305,600 N/A N/A
North Valley Bancorp Common 66304M105 809,475.00 75,300 SH N/A SOLE PII 75,300 N/A N/A
Northeast Optic Network Inc Common 664334109 294,450.00 7,800 SH N/A SOLE PII 7,800 N/A N/A
Nucor Corp Common 670346105 1,428,750.00 30,000 SH N/A SOLE PII 30,000 N/A N/A
Ocean Energy Inc Common 67481E106 1,356,771.25 133,180 SH N/A SOLE PII 133,180 N/A N/A
Omnicare Inc Common 681904108 1,041,425.00 108,200 SH N/A SOLE PII 108,200 N/A N/A
Optical Coating Laboratory Common 683829105 1,657,125.00 18,000 SH N/A SOLE PII 18,000 N/A N/A
Oracle Corporation Common 68389X105 10,706,150.00 235,300 SH N/A SOLE PII 235,300 N/A N/A
Orix Corp-spons Adr Sponsored ADR 686330101 868,725.00 14,300 SH N/A SOLE PII 14,300 N/A N/A
Orckit Communications Ltd Common M7531S107 1,117,850.00 31,600 SH N/A SOLE PII 31,600 N/A N/A
Oshkosh Truck Corp Common 688239201 383,400.00 14,400 SH N/A SOLE PII 14,400 N/A N/A
Pacific Century Finl Corp Common 694058108 19,476,937.50 953,000 SH N/A SOLE PII 953,000 N/A N/A
Pairgain Technologies Common 695934109 689,775.00 54,100 SH N/A SOLE PII 54,100 N/A N/A
Pall Corp Common 696429307 1,908,331.25 82,300 SH N/A SOLE PII 82,300 N/A N/A
Paradyne Networks Inc Common 69911G107 243,600.00 8,700 SH N/A SOLE PII 8,700 N/A N/A
Parker Hannifin Corp Common 701094104 3,809,062.50 85,000 SH N/A SOLE PII 85,000 N/A N/A
Peoples Heritage Financial
Group Common 711147108 14,294,175.00 859,800 SH N/A SOLE PII 859,800 N/A N/A
Pepsico Inc Common 713448108 6,730,625.00 222,500 SH N/A SOLE PII 222,500 N/A N/A
Persistence Software Inc Common 715329108 179,943.75 6,300 SH N/A SOLE PII 6,300 N/A N/A
Pfizer Common 717081103 873,281.25 24,300 SH N/A SOLE PII 24,300 N/A N/A
Philip Morris Companies Inc Common 718154107 5,620,425.00 164,400 SH N/A SOLE PII 164,400 N/A N/A
Philippine Ld Tel Spn Adr Sponsored ADR 718252604 804,750.00 37,000 SH N/A SOLE PII 37,000 N/A N/A
Phone.com, Inc. Common 71920Q100 1,621,050.00 10,700 SH N/A SOLE PII 10,700 N/A N/A
Phototronics Inc Common 719405102 612,543.75 27,300 SH N/A SOLE PII 27,300 N/A N/A
Pilgrim Prime Rate Trust SH BEN INT 72146W103 2,515,093.75 266,500 SH N/A SOLE PII 266,500 N/A N/A
Pitney Bowes Common 724479100 4,875,000.00 80,000 SH N/A SOLE PII 80,000 N/A N/A
Pohang Iron & Steel Co Adr Sponsored ADR 730450103 4,937,981.25 157,700 SH N/A SOLE PII 157,700 N/A N/A
Polo Ralph Lauren Corp. CL A 731572103 1,313,025.00 73,200 SH N/A SOLE PII 73,200 N/A N/A
Polycom Inc Common 73172K104 1,081,796.88 22,700 SH N/A SOLE PII 22,700 N/A N/A
Pool Energy Services Co. Common 732788104 109,261.13 4,437 SH N/A SOLE PII 4,437 N/A N/A
Power-one Inc Common 739308104 688,500.00 27,000 SH N/A SOLE PII 27,000 N/A N/A
Praxair Inc Common 74005P104 7,594,600.00 165,100 SH N/A SOLE PII 165,100 N/A N/A
Precision Drilling Corp Common 74022D100 530,993.75 22,900 SH N/A SOLE PII 22,900 N/A N/A
Price Communications Corp Common New 741437305 922,300.00 36,800 SH N/A SOLE PII 36,800 N/A N/A
Procter & Gamble Common 742718109 787,500.00 8,400 SH N/A SOLE PII 8,400 N/A N/A
Prosperity Bancshares, Inc. Common 743606105 3,615,000.00 240,000 SH N/A SOLE PII 240,000 N/A N/A
Provident Bank Common 743859100 705,978.87 33,174 SH N/A SOLE PII 33,174 N/A N/A
Psinet Inc. Common 74437C101 1,708,515.63 47,500 SH N/A SOLE PII 47,500 N/A N/A
Psinet Inc Pfd C PFD C CV 6 3/4 74437C309 2,996,813.75 74,455 SH N/A SOLE PII 74,455 N/A N/A
Quantum Dlt & Storage COmM DSSG 747906204 762,187.50 54,200 SH N/A SOLE PII 54,200 N/A N/A
Quantum Hard Disk Drive COM HDDG 747906303 382,659.38 51,450 SH N/A SOLE PII 51,450 N/A N/A
Quest Software Inc Common 74834T103 93,000.00 2,000 SH N/A SOLE PII 2,000 N/A N/A
Quotesmith.com Inc Common 749117107 53,437.50 7,500 SH N/A SOLE PII 7,500 N/A N/A
Rf Micro Devices Inc Common 749941100 4,593,300.00 100,400 SH N/A SOLE PII 100,400 N/A N/A
Radio One Inc CL A 75040P108 219,950.00 5,300 SH N/A SOLE PII 5,300 N/A N/A
Rambus Inc Common 750917106 881,125.00 13,300 SH N/A SOLE PII 13,300 N/A N/A
Realnetworks Inc Common 75605L104 5,102,650.00 48,800 SH N/A SOLE PII 48,800 N/A N/A
Regions Financial Corp Common 758940100 2,472,000.00 82,400 SH N/A SOLE PII 82,400 N/A N/A
Reliance Group Holdings Common 759464100 3,356,968.75 756,500 SH N/A SOLE PII 756,500 N/A N/A
Republic Services Inc Common 760759100 975,487.50 89,700 SH N/A SOLE PII 89,700 N/A N/A
Reynolds & Reynolds CL A 761695105 1,085,987.50 53,300 SH N/A SOLE PII 53,300 N/A N/A
Rowan Companies Common 779382100 2,489,500.00 153,200 SH N/A SOLE PII 153,200 N/A N/A
Royal Dutch Petroleum Company NY REG GLD1.25 780257804 1,517,906.25 25,700 SH N/A SOLE PII 25,700 N/A N/A
Ryland Corp. Common 783764103 420,875.00 18,500 SH N/A SOLE PII 18,500 N/A N/A
Sbc Communications Common 78387G103 5,218,587.50 102,200 SH N/A SOLE PII 102,200 N/A N/A
Sei Investments Company Common 784117103 839,243.75 9,400 SH N/A SOLE PII 9,400 N/A N/A
Sfx Entertainment Inc CL A 784178105 2,601,650.00 85,300 SH N/A SOLE PII 85,300 N/A N/A
Sli Inc Common 78442T108 1,132,759.38 53,150 SH N/A SOLE PII 53,150 N/A N/A
S3 Incorporated Common 784849101 508,306.25 48,700 SH N/A SOLE PII 48,700 N/A N/A
Safety-kleen Corp Com New 78648R203 731,892.19 60,675 SH N/A SOLE PII 60,675 N/A N/A
Safeway Inc. Com New 786514208 654,675.00 17,200 SH N/A SOLE PII 17,200 N/A N/A
Saga Communications Inc Cl A CL A 786598102 901,508.00 39,196 SH N/A SOLE PII 39,196 N/A N/A
Salem Communications - Cl A CL A 794093104 488,325.00 19,150 SH N/A SOLE PII 19,150 N/A N/A
Sandisk Corp Common 80004C101 554,093.75 8,500 SH N/A SOLE PII 8,500 N/A N/A
Sanmina Corp Common 800907107 2,143,287.50 27,700 SH N/A SOLE PII 27,700 N/A N/A
Sap Ag-sponsored Adr Sponsored ADR 803054204 8,086,050.00 214,200 SH N/A SOLE PII 214,200 N/A N/A
Sara Lee Common 803111103 6,738,281.25 287,500 SH N/A SOLE PII 287,500 N/A N/A
Sbs Broadcasting ORD L8137F102 1,081,125.00 27,900 SH N/A SOLE PII 27,900 N/A N/A
Schering-plough Corp Common 806605101 4,798,750.00 110,000 SH N/A SOLE PII 110,000 N/A N/A
Schlumberger Ltd. Common 806857108 8,412,187.50 135,000 SH N/A SOLE PII 135,000 N/A N/A
Schuff Steel Co Common 808156103 1,412,812.50 342,500 SH N/A SOLE PII 342,500 N/A N/A
Scient Corp Common 80864H109 147,200.00 2,300 SH N/A SOLE PII 2,300 N/A N/A
Sea Containers Ltd. CL A 811371707 12,320,000.00 440,000 SH N/A SOLE PII 440,000 N/A N/A
Seacoast Financial Services
Corp. Common 81170Q106 4,575,000.00 457,500 SH N/A SOLE PII 457,500 N/A N/A
Sears, Roebuck And Company Common 812387108 709,075.00 22,600 SH N/A SOLE PII 22,600 N/A N/A
Security First Technologies Common 814279105 2,328,612.50 59,900 SH N/A SOLE PII 59,900 N/A N/A
Seitel Inc Com New 816074306 181,350.00 18,600 SH N/A SOLE PII 18,600 N/A N/A
Semtech Corp Common 816850101 911,962.50 24,900 SH N/A SOLE PII 24,900 N/A N/A
Shire Pharmaceuticals Sponsored ADR 82481R106 2,088,906.25 72,500 SH N/A SOLE PII 72,500 N/A N/A
Shopko Stores Inc Comm 824911101 913,500.00 31,500 SH N/A SOLE PII 31,500 N/A N/A
Six Rivers Natl Bk Common 830059101 258,825.00 20,400 SH N/A SOLE PII 20,400 N/A N/A
Skywest Inc Common 830879102 282,993.75 12,900 SH N/A SOLE PII 12,900 N/A N/A
Smith International Inc Common 832110100 4,989,600.00 123,200 SH N/A SOLE PII 123,200 N/A N/A
Smurfit-stone Container Common 832727101 2,774,487.50 128,300 SH N/A SOLE PII 128,300 N/A N/A
Snap-on Inc Common 833034101 1,014,000.00 31,200 SH N/A SOLE PII 31,200 N/A N/A
Software.com Inc Common 83402P104 857,500.00 20,000 SH N/A SOLE PII 20,000 N/A N/A
Solectron Corp Common 834182107 10,341,000.00 144,000 SH N/A SOLE PII 144,000 N/A N/A
Sonic Corp Common 835451105 1,575,140.63 51,750 SH N/A SOLE PII 51,750 N/A N/A
Sonic Automotive Inc CL A 83545G102 305,500.00 23,500 SH N/A SOLE PII 23,500 N/A N/A
Sony Corp Adr ADR NEW 835699307 10,879,531.25 72,500 SH N/A SOLE PII 72,500 N/A N/A
Southern Co Common 842587107 4,405,825.00 171,100 SH N/A SOLE PII 171,100 N/A N/A
Southwest Bancorp Common 844767103 4,350,000.00 200,000 SH N/A SOLE PII 200,000 N/A N/A
Sovereign Bancorp Inc. Common 845905108 645,656.25 71,000 SH N/A SOLE PII 71,000 N/A N/A
Spartech Corp Com New 847220209 445,550.00 15,200 SH N/A SOLE PII 15,200 N/A N/A
Sprint Corp PCS COM SER 1 852061506 13,548,006.25 181,700 SH N/A SOLE PII 107,000 N/A N/A
Stamps.com Inc Common 852857101 305,800.00 8,800 SH N/A SOLE PII 8,800 N/A N/A
Starmedia Network Inc. Common 855546107 411,250.01 11,200 SH N/A SOLE PII 11,200 N/A N/A
Startek Inc Common 85569C107 990,000.00 18,000 SH N/A SOLE PII 18,000 N/A N/A
Starwood Hotels & Resorts PAIRED CTF 85590A203 1,017,450.00 45,600 SH N/A SOLE PII 45,600 N/A N/A
Sterling Bancshares Inc/tx Common 858907108 3,353,326.31 293,187 SH N/A SOLE PII 293,187 N/A N/A
Sterling Commerce Inc Common 859205106 1,108,181.25 59,700 SH N/A SOLE PII 59,700 N/A N/A
St Microelectronics Common 861012102 2,434,600.00 32,900 SH N/A SOLE PII 32,900 N/A N/A
Stone Energy Corp Common 861642106 534,187.50 10,500 SH N/A SOLE PII 10,500 N/A N/A
Summit Bancorp Common 866005101 4,064,418.75 125,300 SH N/A SOLE PII 125,300 N/A N/A
Summit Bancshares Inc Common 866011109 4,502,250.00 248,400 SH N/A SOLE PII 248,400 N/A N/A
Sun Microsystems Common 866810104 20,683,200.00 222,400 SH N/A SOLE PII 222,400 N/A N/A
Sunglass Hut Intl Common 86736F106 455,877.50 43,160 SH N/A SOLE PII 43,160 N/A N/A
Sunterra Corporation Common 86787D109 499,937.50 42,100 SH N/A SOLE PII 42,100 N/A N/A
Swift Transportation Co Inc Common 870756103 624,093.75 31,700 SH N/A SOLE PII 31,700 N/A N/A
Sykes Enterprises Inc Common 871237103 799,875.00 32,400 SH N/A SOLE PII 32,400 N/A N/A
Symantec Corp Common 871503108 1,302,068.75 36,200 SH N/A SOLE PII 36,200 N/A N/A
Tsi International
Software Inc Common 872879101 732,375.00 27,000 SH N/A SOLE PII 27,000 N/A N/A
Taiwan Semiconductor-sp Adr Sponsored ADR 874039100 2,913,272.53 98,755 SH N/A SOLE PII 98,755 N/A N/A
Tele Centro Sul Part-Adr Sponsored ADR 879238103 2,131,200.00 38,400 SH N/A SOLE PII 38,400 N/A N/A
Telefonica Sponsored ADR 879382208 52,992.00 1,104 SH N/A SOLE PII 1,104 N/A N/A
Telefonos De Mexico SPON ADR ORD L 879403780 6,761,625.00 94,900 SH N/A SOLE PII 94,900 N/A N/A
Tellabs Inc Common 879664100 6,433,937.50 113,000 SH N/A SOLE PII 113,000 N/A N/A
Teradyne Inc Common 880770102 1,840,050.00 52,200 SH N/A SOLE PII 52,200 N/A N/A
Terex Corp Common 880779103 2,271,150.00 72,100 SH N/A SOLE PII 72,100 N/A N/A
Tetra Tech Inc Common 88162G103 558,113.45 33,445 SH N/A SOLE PII 33,445 N/A N/A
Texas Instruments Inc. Common 882508104 10,067,400.00 122,400 SH N/A SOLE PII 122,400 N/A N/A
Timberland Bancorp Common 887098101 909,281.25 79,500 SH N/A SOLE PII 79,500 N/A N/A
Timberland Company Class A CL A 887100105 1,812,500.00 46,400 SH N/A SOLE PII 46,400 N/A N/A
Time Warner Inc Common 887315109 722,925.00 11,900 SH N/A SOLE PII 11,900 N/A N/A
Time Warner Telecom Cl A CL A 887319101 2,239,887.50 107,300 SH N/A SOLE PII 107,300 N/A N/A
Transportation Technologies Common 89388T101 730,587.50 42,200 SH N/A SOLE PII 42,200 N/A N/A
Transwitch Corp Common 894065101 2,456,700.00 43,100 SH N/A SOLE PII 43,100 N/A N/A
Triangle Pharmaceuticals Inc Common 89589H104 303,187.50 15,750 SH N/A SOLE PII 15,750 N/A N/A
Tricon Global Rest Common 895953107 6,754,687.50 165,000 SH N/A SOLE PII 165,000 N/A N/A
Trimeris Inc Common 896263100 325,406.25 19,500 SH N/A SOLE PII 19,500 N/A N/A
Triquint Semiconductor Inc. Common 89674K103 1,158,046.88 20,250 SH N/A SOLE PII 20,250 N/A N/A
Tuboscope Inc Common 898600101 614,412.50 49,400 SH N/A SOLE PII 49,400 N/A N/A
21st Century Holding Company Common 90136Q100 973,500.00 177,000 SH N/A SOLE PII 177,000 N/A N/A
Tyco International Ltd. Common 902124106 8,869,155.00 85,900 SH N/A SOLE PII 85,900 N/A N/A
Ucbh Holdings Inc Common 90262T308 4,106,250.00 225,000 SH N/A SOLE PII 225,000 N/A N/A
Usa Networks Inc Common 902984103 4,487,250.00 115,800 SH N/A SOLE PII 115,800 N/A N/A
Us Lec Corp Class A CL A 90331S109 554,062.50 22,500 SH N/A SOLE PII 22,500 N/A N/A
Uti Energy Corp Common 903387108 361,537.50 18,600 SH N/A SOLE PII 18,600 N/A N/A
Ugly Duckling Corp Common 903512101 1,204,125.00 169,000 SH N/A SOLE PII 169,000 N/A N/A
Unicapital Corp Common 90459D108 6,158,250.00 1,932,000 SH N/A SOLE PII 1,932,000 N/A N/A
Unilever Plc-adr SPON ADR NEW 904767704 837,245.63 21,782 SH N/A SOLE PII 21,782 N/A N/A
Union Planters Corp Common 908068109 1,475,150.00 36,200 SH N/A SOLE PII 36,200 N/A N/A
Unionbancal Corporation Common 908906100 46,425,375.00 1,280,700 SH N/A SOLE PII 1,280,700 N/A N/A
Unit Corp Common 909218109 147,468.75 19,500 SH N/A SOLE PII 19,500 N/A N/A
United Security Bancorp Common 91146A101 2,146,650.00 143,110 SH N/A SOLE PII 143,110 N/A N/A
United Stationers Inc. Common 913004107 1,378,918.75 64,700 SH N/A SOLE PII 64,700 N/A N/A
Usfreightways Corp Common 916906100 1,757,612.50 37,100 SH N/A SOLE PII 37,100 N/A N/A
Urban Outfitters Inc Common 917047102 508,875.00 23,000 SH N/A SOLE PII 23,000 N/A N/A
Usbancorp Common 917292104 2,826,900.00 209,400 SH N/A SOLE PII 209,400 N/A N/A
Usweb Corp Common 917327108 1,955,812.50 57,000 SH N/A SOLE PII 57,000 N/A N/A
V F Corp Common 918204108 4,185,000.00 135,000 SH N/A SOLE PII 135,000 N/A N/A
Valuevision Intl Inc -
Class A CL A 92047K107 933,400.00 35,900 SH N/A SOLE PII 35,900 N/A N/A
Varco International Common 922126107 255,937.50 21,000 SH N/A SOLE PII 21,000 N/A N/A
Varian Inc Common 922206107 692,250.00 39,000 SH N/A SOLE PII 39,000 N/A N/A
Varian Semiconductor Equip Common 922207105 1,055,231.25 50,100 SH N/A SOLE PII 50,100 N/A N/A
Verio Inc Common 923433106 899,000.00 29,000 SH N/A SOLE PII 29,000 N/A N/A
Veritas Software Corp Common 923436109 7,160,906.25 94,300 SH N/A SOLE PII 94,300 N/A N/A
Verity Inc Common 92343C106 867,037.50 12,600 SH N/A SOLE PII 12,600 N/A N/A
Verisign Inc Common 92343E102 4,281,300.00 40,200 SH N/A SOLE PII 40,200 N/A N/A
Viatel Inc Common 925529208 1,616,710.96 54,688 SH N/A SOLE PII 54,688 N/A N/A
Visual Networks Inc Common 928444108 1,701,743.75 40,100 SH N/A SOLE PII 40,100 N/A N/A
Visx Inc Common 92844S105 4,104,965.63 51,900 SH N/A SOLE PII 51,900 N/A N/A
Vitesse Semiconductor Corp Common 928497106 3,423,537.50 40,100 SH N/A SOLE PII 40,100 N/A N/A
Vodafone Airtouch Plc-sp Adr Sponsored ADR 92857T107 4,216,348.85 17,734 SH N/A SOLE PII 17,734 N/A N/A
Voicestream Wireless Corp Common 928615103 11,572,265.63 187,500 SH N/A SOLE PII 187,500 N/A N/A
Wms Industries Inc Common 929297109 523,125.00 45,000 SH N/A SOLE PII 45,000 N/A N/A
Wal-mart Stores Inc Common 931142103 18,673,037.50 392,600 SH N/A SOLE PII 392,600 N/A N/A
Walgreen Co Common 931422109 695,275.00 27,400 SH N/A SOLE PII 27,400 N/A N/A
Warner Lambert Co Common 934488107 862,875.00 13,000 SH N/A SOLE PII 13,000 N/A N/A
Washington Mutual Inc Common 939322103 28,366,650.00 969,800 SH N/A SOLE PII 969,800 N/A N/A
Weatherford Int'l Common 947074100 8,928,000.00 279,000 SH N/A SOLE PII 279,000 N/A N/A
Wellpoint Health Network Common 94973H108 1,179,900.00 20,700 SH N/A SOLE PII 20,700 N/A N/A
West Coast Bancorp/Oregon Common 952145100 1,996,412.50 135,350 SH N/A SOLE PII 135,350 N/A N/A
Western Bancorp Common 957683105 243,337.50 6,300 SH N/A SOLE PII 6,300 N/A N/A
Western Gas Resources Inc Common 958259103 513,906.25 27,500 SH N/A SOLE PII 27,500 N/A N/A
Western Wireless Corp Class A CL A 95988E204 1,304,953.13 29,100 SH N/A SOLE PII 29,100 N/A N/A
Whittman-hart Inc Common 966834103 1,787,815.63 46,100 SH N/A SOLE PII 46,100 N/A N/A
Winnebago Industries Common 974637100 777,968.75 32,500 SH N/A SOLE PII 32,500 N/A N/A
Winstar Communications Common 975515107 6,045,146.02 154,756 SH N/A SOLE PII 154,756 N/A N/A
Xilinx Inc Common 983919101 4,855,865.63 74,100 SH N/A SOLE PII 74,100 N/A N/A
Xircom Common 983922105 1,865,443.75 43,700 SH N/A SOLE PII 43,700 N/A N/A
Xerox Corp Common 984121103 6,584,187.50 157,000 SH N/A SOLE PII 157,000 N/A N/A
Zoll Medical Corp Common 989922109 275,275.00 9,100 SH N/A SOLE PII 9,100 N/A N/A
---------------- -----------
1,842,972,968.33 57,184,110
================ ===========
</TABLE>
