UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Amendment #1
To
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 2000
Check here if Amendment [ ]; Amendment Number: 1
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: 1838 Investment Advisors, Inc.
Address: 5 Radnor Corp. Center Suite 320
100 Matsonford Rd.
Radnor, PA 19087
Form 13F File Number: 28-__________
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: John J. McElroy
Title: Secretary
Phone: 610-293-4300
Signature, Place, and Date of Signing:
John J. McElroy Radnor, Pa. 5/6/99
-------------------- ------------------ ------------
[Signature] [City, State] [Date]
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all
holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting manager(s).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
28- ________________ ________________________________________
[Repeat as necessary.]
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<CAPTION>
FORM 13F
REPORTING MANAGER: 1838 INVESTMENT ADVISORS
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VALUATION CURRENCY: USD
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
NAME OF ISSUER TITLE CUSIP FAIR SHARES OF INVESTMENT DISCRETION MANA- VOTING AUTHORITY
OF NUMBER MARKET PRINCIPAL SHARED GERS
CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE
(A) (B) (C) (A) (B) (C)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AFLAC INC COMMON 001055102 2017194 44146 X X 39173 4973 0
AES CORP COMMON 00130H105 246701 3080 X X 2190 890 0
AMFM INC COMMON 001693100 234549 3822 X X 3608 214 0
AMR CORP DEL COMMON 001765148 211171 6625 X 6625 0 0
AT & T CORP COMMON 001957109 4156576 73916 X X 30008 21688 22220
AT & T CORP - LIBERTY MEDIA - A COMMON 001957208 1826518 30872 X X 28727 165 1980
AVX CORP COMMON 002444107 13239141 167642 X X 156382 8850 2410
ABBOTT LABS COMMON 002824100 7784103 207955 X X 63688 17139 127128
ACCOR SA - SPONS ADR COMMON 00435F101 384766 19615 X 19615 0 0
ADECCO S A - SPON ADR COMMON 006754105 734839 8315 X 8315 0 0
ADOBE SYSTEMS INC COMMON 00724F101 208154 1930 X X 1330 600 0
ADVO INC COMMON 007585102 6928623 256530 X X 236097 16323 4110
ADVANCED MICRO DEVICES COMMON 007903107 591738 10370 X 0 10370 0
AEGON N.V. - ADR COMMON 007924103 1208466 15012 X X 11028 3984 0
AIR PRODUCTS & CHEMICALS INC COMMON 009158106 2098290 74066 X X 32150 1616 40300
AIRGAS INC COMMON 009363102 127181 15300 X 0 0 15300
ELECTROLUX AB - ADR COMMON 010198208 711923 18582 X X 18305 277 0
ALBERTSON'S INC COMMON 013104104 8199875 265577 X X 1800 1670 262107
ALCOA INC COMMON 013817101 927136 13368 X X 10490 2878 0
ALLIANT TECHSYSTEMS COMMON 018804104 1020009 17325 X 17325 0 0
ALLMERICA FINANCIAL CORP COMMON 019754100 3711436 72868 X X 65858 5560 1450
ALLSTATE CORP COMMON 020002101 1162885 48835 X X 24147 4434 20254
ALLSTATE FINANCING I PREFERED 020013207 243000 10800 X 800 0 10000
ALLTEL CORP COMMON 020039103 2216910 35054 X X 4921 847 29286
ALTERA CORPORATION COMMON 021441100 230439 2578 X X 1763 815 0
AMERICA ONLINE INC COMMON 02364J104 139959367 2084134 X X 1469377 413017 201740
AMERICA WEST HLDG CORP COMMON 023657208 242632 15660 X X 7770 7890 0
AMCORE FINL INC COMMON 023912108 1410963 77935 X X 73940 905 3090
AMERICAN EXPRESS CO COMMON 025816109 1137717 7637 X X 4703 2434 500
AMERICAN GENERAL CORP COMMON 026351106 274201 4889 X X 1461 2948 480
AMERICAN HOME PRODUCTS CORP COMMON 026609107 7955674 148779 X X 31477 17457 99845
AMERICAN INTERNATIONAL GROUP COMMON 026874107 373280144 3317025 X X 2277877 687096 352052
AMERICAN POWER CONVERSION COMMON 029066107 3470964 81001 X X 61889 12012 7100
AMERICAN SENSORS INC COMMON 029579109 0 22500 X 0 22500 0
AMERISOURCE HEALTH CORP CL A COMMON 03071P102 2923655 180734 X X 165824 11790 3120
AMGEN INC COMMON 031162100 1759732 27903 X X 12193 10710 5000
AMSOUTH BANCORPORATION COMMON 032165102 194096 12974 X X 12371 603 0
ANADARKO PETE CORP COMMON 032511107 371400 9600 X 7600 0 2000
ANHEUSER BUSCH COS INC COMMON 035229103 1234318 19730 X X 6646 1017 12067
APRIA HEALTHCARE GROUP COMMON 037933108 4454737 285183 X X 262808 17285 5090
APPLIED MATERIALS INC COMMON 038222105 170930511 1796791 X X 1198832 430123 167836
APTARGROUP INC COMMON 038336103 5656405 201291 X X 185561 12370 3360
ARCHER-DANIELS-MIDLAND CO COMMON 039483102 402424 39052 X X 5840 3494 29718
ARROW ELECTRONICS INC COMMON 042735100 5942939 159992 X X 148223 10504 1265
ARROW INTL INC COMMON 042764100 3451250 110000 X 0 110000 0
AT HOME CORP COMMON 045919107 305167 9265 X 339 760 8166
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ASSOCIATES FIRST CAPITAL CRP COMMON 046008108 1673868 77198 X X 33023 33423 10752
ATLANTIC RICHFIELD COMPANY COMMON 048825103 4444923 49293 X X 12906 4879 31508
AUTOMATIC DATA PROCESSING COMMON 053015103 2054900 42367 X X 15556 19411 7400
AVERY DENNISON CORP COMMON 053611109 172505567 2777653 X X 1901345 603362 272946
AVNET, INC COMMON 053807103 5187796 80718 X X 74098 5315 1305
AVON PRODUCTS INC COMMON 054303102 1831486 62290 X X 17139 2291 42860
AXA-UAP ADR COMMON 054536107 880322 12280 X X 11865 415 0
BCE INC COMMON 05534B109 227839 1816 X 1816 0 0
BJ'S WHOLESALE CLUB INC COMMON 05548J106 7747288 193379 X X 168895 19589 4895
BP AMOCO PLC - SPONS ADR COMMON 055622104 3985131 75000 X X 13861 9759 51380
BANCO BILBAO VIZCAYA ARGENTARI COMMON 05946K101 628990 42285 X X 41745 540 0
BANCWEST CORPORATION COMMON 059790105 280450 14200 X X 400 0 13800
BANK OF AMERICA CORP COMMON 060505104 16121917 299920 X X 150948 20672 128300
BANK OF NEW YORK CO INC COMMON 064057102 664894 16300 X X 9108 7192 0
BANK ONE CORP COMMON 06423A103 322715 8355 X X 3206 2210 2939
BANK TOKYO-MITSUBISHI LTD COMMON 065379109 621696 43820 X 43820 0 0
BAXTER INTL INC COMMON 071813109 825565 13179 X X 8175 2804 2200
BEAR STEARNS COMPANIES COMMON 073902108 310899 6819 X X 3030 3789 0
BECTON DICKINSON & CO COMMON 075887109 681586 25940 X X 16588 9352 0
BELL ATLANTIC CORP COMMON 077853109 138312124 2221711 X X 1546782 431306 243623
BELLSOUTH CORP COMMON 079860102 3372518 71659 X X 31552 17891 22216
BERKSHIRE HATHAWAY INC-CLB COMMON 084670207 482300 265 X X 136 129 0
BEST BUY CO INC COMMON 086516101 258311 3017 X X 1376 1641 0
BESTFOODS COMMON 08658U101 1133843 24368 X X 10504 6724 7140
BINDLEY WESTERN INDS COMMON 090324104 4856518 336555 X X 304760 27285 4510
BLACK BOX CORPORATION COMMON 091826107 6038463 86343 X X 80258 4690 1395
BLACKROCK STRATEGIC MUNICI COMMON 09248T109 176259 13690 X 0 0 13690
BLOCK H & R INC COMMON 093671105 253471 5654 X X 3086 1968 600
BOEING COMPANY COMMON 097023105 830567 20963 X X 17142 3821 0
BRANDYWINE REALTY TRUST COMMON 105368203 3324143 181470 X X 164954 12841 3675
BRINKER INTL INC COMMON 109641100 270352 9055 X X 6964 2091 0
BRISTOL MYERS SQUIBB COMMON 110122108 7051957 121989 X X 48741 27374 45874
BUCKEYE TECHNOLOGIES COMMON 118255108 7854845 392773 X X 355782 30621 6370
BURLINGTON NORTHERN SANTA FE COMMON 12189T104 323167 13152 X X 4156 4781 4215
BURR BROWN CORP COMMON 122574106 6649371 120999 X X 113643 5757 1599
CBS CORPORATION COMMON 12490K107 615990 10893 X X 4270 3523 3100
C-CUBE MICROSYSTEMS INC COMMON 125015107 509688 7000 X 0 0 7000
CIGNA CORP COMMON 125509109 1207008 15913 X X 6922 1580 7411
CIT GROUP INC CL A COMMON 125577106 688468 35306 X X 29081 6225 0
CSG SYSTEMS INTL INC COMMON 126349109 2434916 49883 X X 42773 6910 200
CVS CORP COMMON 126650100 168680047 4261071 X X 3084150 750566 426355
CALPINE CORPORATION COMMON 131347106 3088033 32859 X X 24799 4810 3250
CANADIAN PACIFIC LTD COMMON 135923100 418989 16676 X X 13182 3494 0
CAPITAL ONE FINANCIAL CORP COMMON 14040H105 297261 6201 X X 3324 2877 0
CARNIVAL CORP CL A COMMON 143658102 123015727 4812367 X X 3344784 952991 514592
CAROLINA POWER & LIGHT CO COMMON 144141108 286683 8838 X 838 0 8000
CATERPILLAR INC COMMON 149123101 1407117 38123 X X 15792 3102 19229
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
CENDANT CORPORATION COMMON 151313103 191679 10361 X X 9461 900 0
CENTERPOINT PROPERTIES TRUST COMMON 151895109 4389151 116545 X X 108520 6040 1985
CENTURYTEL INC COMMON 156700106 474031 12962 X X 9126 3836 0
CHASE MANHATTAN CORP COMMON 16161A108 4351717 50090 X X 23592 10398 16100
CHELSEA GCA REALTY INC COMMON 163262108 3397598 113598 X X 104922 6876 1800
CHEVRON CORPORATION COMMON 166751107 151764282 1653800 X X 1140024 338025 175751
CHINA TELECOM HK-LTD ADR COMMON 169428109 1072362 6050 X X 5935 115 0
CHOICEPOINT INC COMMON 170388102 209674 5690 X X 110 3080 2500
CIRCUIT CITY STORES INC COMMON 172737108 239677 3995 X X 2795 1200 0
CISCO SYSTEMS INC COMMON 17275R102 528516337 7318898 X X 4906383 1637267 775248
CITIGROUP INC COMMON 172967101 344565489 5653449 X X 3804960 1160290 688199
CLOROX COMPANY COMMON 189054109 3883975 117585 X X 12456 57353 47776
CLOSURE MEDICAL CORP COMMON 189093107 262500 10000 X 10000 0 0
COASTAL CORP COMMON 190441105 575983 12414 X X 8321 4093 0
COCA COLA CO COMMON 191216100 118392540 2476070 X X 1724620 436908 314542
COLGATE PALMOLIVE CO COMMON 194162103 159909772 2740395 X X 1978273 465097 297025
COLONIAL BANCGROUP COMMON 195493309 6046939 498609 X X 456819 32775 9015
COMCAST CORP CL A SPL COMMON 200300200 2057146 47427 X X 24193 7353 15881
COMPAQ COMPUTER CORP COMMON 204493100 627236 23769 X X 15098 5568 3103
COMPUTER ASSOC INTL INC COMMON 204912109 3348192 57051 X X 36448 5953 14650
COMPUTER SCIENCE CORP COMMON 205363104 591964 6494 X X 3096 1989 1409
COMVERSE TECHNOLOGY INC COMMON 205862402 288991 2471 X X 2377 94 0
CONEXANT SYSTEMS INC COMMON 207142100 302902 4284 X X 2706 1578 0
CONOCO INC - CL A COMMON 208251306 368422 14987 X X 14167 820 0
CONOCO INC - CL B COMMON 208251405 484408 18038 X X 14584 3454 0
CONSTELLATION ENERGY GROUP INC COMMON 210371100 204192 6406 X X 1350 2856 2200
CONVERGYS CORP COMMON 212485106 481351 12446 X X 5716 6730 0
CORNING INC COMMON 219350105 2679528 14686 X X 10174 2712 1800
COSTCO COMPANIES INC COMMON 22160K105 1854646 19252 X X 17160 2092 0
COUNTRYWIDE CREDIT IND INC COMMON 222372104 661085 24260 X X 19145 5115 0
COX COMMUNICATIONS INC COMMON 224044107 492083 10234 X X 5690 3564 980
CULLEN/FROST BANKERS INC COMMON 229899109 5680828 202563 X X 185423 13570 3570
DANAHER CORP COMMON 235851102 1381488 27088 X X 22998 4090 0
DEERE & COMPANY COMMON 244199105 389444 10230 X X 9548 682 0
DELL COMPUTER CORP COMMON 247025109 203684023 3728361 X X 2620499 749017 358845
DELPHI AUTOMOTIVE SYSTEMS CORP COMMON 247126105 239824 14249 X X 7318 2669 4262
DIAGEO PLC-SPONSORED ADR COMMON 25243Q205 207841 6846 X X 4176 2670 0
DISNEY WALT CO COMMON 254687106 2155148 52861 X X 17539 10120 25202
DOMINION RESOURCES INC VA COMMON 257470104 406553 10577 X 49 0 10528
DOVER CORP COMMON 260003108 222619 4650 X X 400 4250 0
DOW CHEMICAL CO COMMON 260543103 2905091 21494 X X 15876 2957 2661
E I DUPONT DE NEMOURS & CO COMMON 263534109 106910966 1998487 X X 1407400 278564 312523
DUKE ENERGY CORP COMMON 264399106 649126 12819 X X 8756 1939 2124
DUN & BRADSTREET CORP COMMON 26483B106 335342 11715 X X 6915 1000 3800
EMC CORP COMMON 268648102 257179501 2004272 X X 1317722 472477 190110
EARTHGRAINS CO COMMON 270319106 603167 40549 X X 32682 7867 0
EASTMAN KODAK COMMON 277461109 1270003 23910 X X 12620 5259 6031
</TABLE>
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<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
EDISON INTERNATIONAL COMMON 281020107 286532 17300 X 500 0 16800
EDWARDS A G & SONS INC COMMON 281760108 303414 7590 X X 7362 228 0
EL PASO ENERGY CORP COMMON 283905107 418256 10357 X X 7021 754 2582
ELAN CORP PLC ADR COMMON 284131208 1365150 28750 X 28750 0 0
ELECTRONIC DATA SYSTEMS CORP COMMON 285661104 1123427 17260 X X 4883 4877 7500
EMERSON ELECTRIC CO COMMON 291011104 2153176 40527 X X 14553 6318 19656
EMPIRE OF CAROLINA COMMON 292007101 15000 30000 X 30000 0 0
ENRON CORP COMMON 293561106 3124358 37931 X X 16334 9003 12594
EQUIFAX INC COMMON 294429105 653470 25880 X X 0 5880 20000
ERICSSON (LM) TEL-SP ADR COMMON 294821400 6566128 58687 X X 16758 5929 36000
EXXON MOBIL CORPORATION COMMON 30231G102 309210926 3877611 X X 2587840 713023 576748
FPIC INS GROUP INC COMMON 302563101 420000 24000 X 24000 0 0
FPL GROUP INC COMMON 302571104 553027 12006 X X 405 2061 9540
FIRST TRUST INFRASTRUCTURE COMMON 30265H133 182154 15079 X 0 0 15079
FACTSET RESEARCH SYSTEMS COMMON 303075105 1335103 49334 X X 42709 6625 0
FEDDERS CORP CL A COMMON 313135303 60504 10638 X 0 10638 0
FEDERAL HOME LOAN MTGE COM COMMON 313400301 1546288 34665 X X 26621 8044 0
FANNIE MAE COMMON 313586109 2478143 44069 X X 21506 12802 9761
FEDERATED DEPT STORES COMMON 31410H101 357034 8471 X X 3762 4709 0
FIFTH THIRD BANCORP COMMON 316773100 146808128 2277339 X X 1606706 460893 209740
FINANCIAL PERFORMANCE CORP COMMON 317630309 98750 10000 X 10000 0 0
FIRST DATA CORP COMMON 319963104 615525 13747 X X 9623 4124 0
FIRST UNION CORP COMMON 337358105 4125004 110903 X X 44844 5827 60232
FIRSTAR CORP COMMON 33763V109 5013405 218568 X X 12384 194199 11985
FISERV INC COMMON 337738108 404437 10876 X X 10446 430 0
FLEET BOSTON FINANCIAL CORP COMMON 339030108 1181739 32416 X X 20030 10786 1600
FORD MOTOR CO COMMON 345370100 140043253 2886522 X X 2049678 570060 266784
FRESENIUS MEDICAL CARE COMMON 358029106 810824 33436 X X 32736 700 0
FURNITURE BRANDS INTL INC COMMON 360921100 6870144 339186 X X 308610 25271 5305
GRG INC COMMON 36225R103 49000 20000 X 20000 0 0
GTE CORP COMMON 362320103 8494098 112308 X X 29675 20719 61914
GALLAGHER GROUP PLC-ADR COMMON 363576109 337287 10370 X X 10250 120 0
GANNETT COMPANY INC COMMON 364730101 1933351 27538 X X 10744 8094 8700
GAP INC COMMON 364760108 752195 15310 X X 6077 8533 700
GATEWAY 2000 INC COMMON 367626108 760527 14216 X X 3618 598 10000
GENERAL ELECTRIC CO COMMON 369604103 425183062 2738439 X X 1767051 502682 468706
GENERAL GROWTH PROP COMMON 370021107 1087593 35732 X X 5098 3500 27134
GENERAL MILLS INC COMMON 370334104 913701 24249 X X 10247 3466 10536
GENERAL MOTORS CORP COMMON 370442105 2429505 33045 X X 20653 6292 6100
GENERAL MOTORS ACCEP CORP COMMON 370442832 665204 5343 X X 4513 830 0
GILLETTE COMPANY COMMON 375766102 3723874 94149 X X 19110 14514 60525
GLAXO WELCOME PLC COMMON 37733W105 632417 11005 X X 6310 2295 2400
GRANT W T CO COMMON 387604101 10800 X 0 0 10800
GRANT PRIDECO INC COMMON 38821G101 2184380 117746 X X 101671 12410 3665
GREAT PLAINS SOFTWARE INC COMMON 39119E105 290626 5445 X X 5085 360 0
GUIDANT CORP COMMON 401698105 322947 5533 X X 5443 90 0
GULF ISLAND FABRICATION IN COMMON 402307102 146250 10000 X 0 0 10000
</TABLE>
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<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
HSBC HLDGS PLC ADR COMMON 404280406 857083 14079 X X 13810 269 0
HALLIBURTON CO COMMON 406216101 754906 17350 X X 6585 765 10000
HANCOCK HOLDING CO COMMON 410120109 262438 8500 X 0 0 8500
HARCOURT GENERAL INC COMMON 41163G101 205397 5514 X X 3144 2370 0
HARLEY DAVIDSON INC COMMON 412822108 749417 17446 X X 11188 6258 0
HARRAH'S ENTERTAINMENT INC COMMON 413619107 5573067 280524 X X 263547 16562 415
HEALTH CARE PPTY INVS INC COMMON 421915109 348494 13700 X X 550 300 12850
HEALTHSOUTH CORP COMMON 421924101 95021 16707 X X 3737 200 12770
HEINZ, H J COMPANY COMMON 423074103 2493102 71483 X X 9954 1454 60075
HELLER FINANCIAL INC COMMON 423328103 5950035 243665 X X 223115 16395 4155
HENKEL LTD. PARTNERSHIP ADR COMMON 42550U109 453835 8320 X 8320 0 0
HEWLETT-PACKARD CO COMMON 428236103 8101793 60993 X X 16662 12931 31400
HITACHI LTD ADR COMMON 433578507 681863 5595 X 5595 0 0
HOME DEPOT INC COMMON 437076102 22244583 321392 X X 177113 63419 80860
HONDA MOTOR LT - SPON ADR COMMON 438128308 347344 4275 X 4275 0 0
HONEYWELL INTERNATIONAL INC COMMON 438516106 3911007 74180 X X 22457 18919 32804
HOUSEHOLD INTL CORP COMMON 441815107 903184 21201 X X 4929 2372 13900
HUDSON UNITED BANCORP COMMON 444165104 4692784 204868 X X 188774 12692 3402
HUTCHISON WHAMPOA LTD ADR COMMON 448415208 623916 6910 X 6910 0 0
IMS HEALTH INC COMMON 449934108 227200 13414 X X 912 1600 10902
ITT INDUSTRIES INC COMMON 450911102 206876 6660 X X 5230 230 1200
ILLINOIS TOOL WORKS COMMON 452308109 119376627 2084406 X X 1467742 412959 203705
IMAGING TECHNOLOGIES CORP COMMON 45244U104 6400 10000 X 0 0 10000
IMPERIAL CHEMICAL INDS PLC COMMON 452704505 661770 20520 X 20520 0 0
ING GROEP N. V. ADR COMMON 456837103 641940 11668 X X 11549 119 0
INGERSOLL-RAND CO COMMON 456866102 811568 12338 X X 10733 1130 475
INKTOMI CORP COMMON 457277101 1354082 6958 X X 3898 3060 0
INTEL CORP COMMON 458140100 469744816 3827841 X X 2415027 724149 688665
INTERIM SERVICES INC COMMON 45868P100 5792653 294351 X X 269979 20082 4290
INTERNATIONAL BUSINESS COMMON 459200101 19613381 166432 X X 92360 18762 55310
INTERNATIONAL PAPER CO COMMON 460146103 383645 12907 X X 9780 2331 796
INTERPUBLIC GROUP OF COS COMMON 460690100 170045498 3588673 X X 2505111 719082 364480
IPALCO ENTERPRISES INC COMMON 462613100 400374 20532 X 2132 0 18400
JDS UNIPHASE CORP COMMON 46612J101 814258 6864 X X 6672 192 0
JEFFERSON PILOT CORP COMMON 475070108 3212507 48263 X X 340 745 47178
JOHNSON & JOHNSON COMMON 478160104 18144355 258607 X X 137475 21219 99913
JOHNSON CONTROLS INC COMMON 478366107 435914 7980 X X 6560 620 800
K V PHARMACEUTICAL CO CL A COMMON 482740206 436719 16250 X X 2250 14000 0
KAO CORP - ADR COMMON 485537203 808229 2640 X 2640 0 0
KEYCORP NEW COMMON 493267108 942115 47585 X X 7395 2190 38000
KIMBERLY-CLARK CORP COMMON 494368103 2574340 46439 X X 21857 10581 14001
KINDER MORGAN ENERGY PRTNRS COMMON 494550106 474267 12565 X X 1615 3250 7700
KINDER MORGAN INC COMMON 49455P101 388125 11250 X X 2950 8300 0
KOHL'S CORP COMMON 500255104 311108 4951 X X 1355 3596 0
KONINKLIJKE PHILIPS ELECTRONIC COMMON 500472204 1781479 18838 X X 14722 4116 0
KROGER COMPANY COMMON 501044101 452590 24768 X X 13713 11055 0
KYOCERA CORP ADR COMMON 501556203 572700 3450 X 3450 0 0
</TABLE>
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<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
LSI LOGIC CORP COMMON 502161102 429046 6002 X 502 0 5500
ESTEE LAUDER COMPANIES - CL A COMMON 518439104 189917505 3740317 X X 2609880 762576 367861
LEXMARK INTL GROUP INC CL A COMMON 529771107 3065427 28984 X X 18116 7038 3830
LILLY, ELI AND COMPANY COMMON 532457108 1405698 22375 X X 1540 6035 14800
LINCARE HOLDINGS INC COMMON 532791100 1616758 56978 X X 43138 7340 6500
LINEAR TECHNOLOGY CORP COMMON 535678106 1603655 29231 X X 23289 5942 0
LITTELFUSE INC COMMON 537008104 352200 9600 X 0 0 9600
LOWE'S COMPANIES COMMON 548661107 417695 7165 X X 3225 3940 0
LUCENT TECHNOLOGIES INC COMMON 549463107 196697237 3134725 X X 2191639 543254 399832
MBIA INC COMMON 55262C100 1015103 19505 X X 1210 2695 15600
MBNA CORP COMMON 55262L100 308138 11994 X X 4763 7231 0
MCI WORLDCOM INC COMMON 55268B106 254472792 5529593 X X 3726406 1155769 647418
MARSH & MCLENNAN COS INC COMMON 571748102 1263332 11595 X X 5035 810 5750
MATTEL INC COMMON 577081102 466926 44469 X X 371 1792 42306
MAY DEPARTMENT STORES CO COMMON 577778103 473941 17161 X X 14735 2426 0
MAYTAG CORP COMMON 578592107 223428 6745 X X 5120 1625 0
MCDONALDS CORP COMMON 580135101 6960537 172139 X X 71742 41311 59086
MCGRAW-HILL INC COMMON 580645109 599934 13030 X X 9394 2836 800
MEAD CORPORATION COMMON 582834107 516651 14790 X X 13554 436 800
MEDIA ONE GROUP, INC COMMON 58440J104 1926504 24546 X X 8928 3986 11632
MEDTRONIC INC COMMON 585055106 247678809 4642441 X X 3237044 904559 500838
MELLON BANK CORP COMMON 58551A108 1305036 43683 X X 24942 17301 1440
MERCANTILE BANKSHARES CORP COMMON 587405101 318156 10410 X X 6300 3960 150
MERCK & CO INC COMMON 589331107 184395756 2886869 X X 1808208 537906 540755
MERRILL LYNCH & CO INC COMMON 590188108 688350 6557 X X 5676 881 0
METASOLV SOFTWARE INC COMMON 591393103 235601 3989 X X 3739 250 0
MICROSOFT CORP COMMON 594918104 391037593 3758905 X X 2615934 756479 386492
MILLER HERMAN INC COMMON 600544100 1689632 60344 X X 50654 9690 0
MINEBEA CO LTD - ADR COMMON 602725301 495740 18625 X 18625 0 0
MINNESOTA MNG & MFG CO COMMON 604059105 4075765 49050 X X 29204 11378 8468
MONSANTO CO COMMON 611662107 2312865 44910 X X 23130 4030 17750
MORGAN J P & CO INC COMMON 616880100 3230055 25589 X X 3184 1546 20859
MORGAN ST DEAN WITTER DISC COMMON 617446448 2392460 29040 X X 20158 3066 5816
MOTOROLA INC COMMON 620076109 3461573 24569 X X 7518 6151 10900
NEC CORP - ADR COMMON 629050204 1143711 7705 X 7705 0 0
NABORS INDUSTRIES INC COMMON 629568106 1210913 31199 X X 24497 4802 1900
NATIONAL CITY CORP COMMON 635405103 1479458 69884 X X 38319 765 30800
NATIONAL COMM BANCORP/TN COMMON 635449101 7127695 354003 X X 332103 16375 5525
NATIONAL FUEL & GAS CO COMMON 636180101 2435363 53575 X X 48565 4005 1005
NESTLE S A SPONSORED ADR COMMON 641069406 248855 2777 X X 0 377 2400
NEW JERSEY RESOURCES CORP COMMON 646025106 735300 17200 X 0 0 17200
NEW YORK TIMES CO CLASS A COMMON 650111107 201764 4699 X X 2074 2625 0
NEWPORT NEWS SHIPBUILDING COMMON 652228107 3058532 93674 X X 83469 9835 370
NEWS CORP LTD SPON ADR COMMON 652487802 555713 11676 X X 10636 1040 0
NEXTEL COMMUNICATIONS INC CL A COMMON 65332V103 201628 1386 X X 541 845 0
NISOURCE INC COMMON 65473P105 536878 31815 X X 26285 5530 0
NOKIA CORP - ADR COMMON 654902204 2898014 29576 X X 16728 12848 0
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
NOMURA SECURITIES - ADR COMMON 655361301 893311 2735 X 2735 0 0
NORTEL NETWORKS CORP COMMON 656569100 124365236 1023223 X X 779746 153517 89960
NOVELL INC COMMON 670006105 315877 11035 X X 925 110 10000
NSTAR COMMON 67019E107 4590676 108182 X X 99972 6450 1760
OM GROUP INC COMMON 670872100 5866442 125359 X X 115339 7955 2065
OCEANEERING INTL. INC COMMON 675232102 2689294 131429 X X 127394 4035 0
OMNICOM GROUP INC COMMON 681919106 716199 6726 X X 4640 2086 0
ORACLE SYSTEMS CORP COMMON 68389X105 259137580 3231973 X X 2265447 684280 346100
PMC-SIERRA INC COMMON 69344F106 3399333 16727 X X 12513 4214 0
PNC FINANCIAL CORP COMMON 693475105 849292 18847 X X 2922 2527 13398
P P G INDUSTRIES INC COMMON 693506107 1599349 30573 X X 20926 645 9002
PACIFIC GULF PROPERTIES INC COMMON 694396102 613380 31255 X 31255 0 0
PAINE WEBBER GROUP INC COMMON 695629105 452100 10275 X X 213 62 10000
PALL CORP COMMON 696429307 302592 13696 X X 13076 620 0
PARAMETRIC TECHNOLOGY CORP COMMON 699173100 291331 14345 X X 930 415 13000
PEARSON PLC ADR SPONSORED COMMON 705015105 1172104 33520 X 33520 0 0
PEOPLES ENERGY CORP COMMON 711030106 359431 13100 X 0 0 13100
PEOPLES HERITAGE FINL GP INC COMMON 711147108 5804497 338728 X X 308168 24045 6515
PEPSIAMERICAS INC CL B COMMON 71343P101 40500 12000 X 0 12000 0
PEPSICO INC COMMON 713448108 15815920 437212 X X 218253 20859 198100
PETROLEUM GEO-SVCS-SPON AD COMMON 716597109 237875 13740 X X 9280 4460 0
PHARMACIA & UPJOHN INC COMMON 716941109 126792263 2078878 X X 1380386 475122 223370
PFIZER INC COMMON 717081103 30142820 819108 X X 276915 27054 515139
PHARMACIA CORP COMMON 71713U102 22862241 393758 X 393758 0 0
PHILIP MORRIS COMPANIES INC COMMON 718154107 4014241 192327 X X 98499 10662 83166
PHOTRONICS INC COMMON 719405102 5199425 139044 X X 123946 11743 3355
PIEDMONT NATURAL GAS INC COMMON 720186105 259322 9950 X X 0 250 9700
PITNEY BOWES INC COMMON 724479100 275647 6183 X X 5532 651 0
POST PROPERTIES INC COMMON 737464107 5068497 122512 X X 113097 7525 1890
PRAXAIR, INC COMMON 74005P104 399227 9591 X X 5540 4051 0
PROCTER & GAMBLE CO COMMON 742718109 15820945 272328 X X 59236 118007 95085
PROVIDIAN FINANCIAL CORP COMMON 74406A102 472885 5459 X X 3540 1919 0
QUAKER OATS CO COMMON 747402105 240984 3975 X X 2000 1175 800
QUALCOMM INC COMMON 747525103 717895 4808 X X 1330 3478 0
QUANEX CORP COMMON 747620102 2967480 155860 X X 143558 9602 2700
QWEST COMMUNICATIONS INTL INC COMMON 749121109 770042 13201 X X 2771 430 10000
R H DONNELLEY CORP COMMON 74955W307 3065303 172496 X X 157536 12045 2915
RALSTON PURINA CO COMMON 751277302 394517 14346 X X 6004 3242 5100
REINSURANCE GROUP AMER INC COMMON 759351109 4871931 192853 X X 178273 11250 3330
REPSOL S A SPONSORED ADR COMMON 76026T205 769169 36090 X X 35455 635 0
RIGGS NATL CORP WASH D C COMMON 766570105 310354 25465 X X 25095 370 0
ROCHE HOLDING LTD. SPONSORED A COMMON 771195104 681584 6275 X 6275 0 0
ROCKWELL INTL CORP NEW COMMON 773903109 327480 7839 X X 6625 1214 0
ROHM & HAAS CO COMMON 775371107 2002299 44928 X X 31928 750 12250
ROYAL DUTCH PETRO CO-NY SHARES COMMON 780257804 3105066 47736 X X 9884 10462 27390
RUDDICK CORP COMMON 781258108 3553876 305133 X X 281798 17370 5965
SBC COMMUNICATIONS INC COMMON 78387G103 265857922 6062787 X X 4212759 1227930 622098
</TABLE>
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<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SCI SYSTEMS INC COMMON 783890106 982282 18275 X X 11130 6545 600
SK TELECOM CO LTD-ADR COMMON 78440P108 955578 24502 X 24502 0 0
SABRE GROUP HLDGS INC CL A COMMON 785905100 297636 8166 X X 7367 799 0
SAFEWAY INC COMMON 786514208 136246968 2910158 X X 1994469 602710 312979
SARA LEE CORP COMMON 803111103 2792688 155190 X X 123931 5459 25800
SCHERING-PLOUGH CORP COMMON 806605101 138517906 3592902 X X 2428542 701939 462421
SCHLUMBERGER LTD COMMON 806857108 149905663 1943252 X X 1322067 394397 226788
SCHWAB (CHARLES) CORP COMMON 808513105 1350542 23986 X X 3461 10390 10135
SEA CONTAINERS LTD - CL A COMMON 811371707 3946624 170440 X X 157875 9750 2815
SEACOR SMIT INC COMMON 811904101 7969765 128050 X X 116734 9386 1930
SEARS ROEBUCK & CO COMMON 812387108 383640 12527 X X 8760 935 2832
SHAW GROUP INC COMMON 820280105 1561575 44300 X 44300 0 0
SILICON IMAGE INC COMMON 82705T102 508968 7106 X X 6341 765 0
SMITHFIELD FOODS INC COMMON 832248108 6095319 276984 X X 256509 16945 3530
SMITHKLINE BEECHAM PLC ADR COMMON 832378301 2126886 26195 X X 13205 3790 9200
SOCIETE GENERALE FRANCE ADR SP COMMON 83364L109 737237 18485 X X 18405 80 0
SOLECTRON CORP COMMON 834182107 1961686 45811 X X 13959 31852 0
SOUTHDOWN INC COMMON 841297104 5980539 99791 X X 90820 7281 1690
SOUTHERN COMPANY COMMON 842587107 538422 24755 X X 5182 2055 17518
SOUTHWEST AIRLINES CO COMMON 844741108 329397 15831 X X 8727 7104 0
SPRINT CORP (FON GROUP) COMMON 852061100 124983321 1973922 X X 1340400 417472 216050
SPRINT GROUP (PCS GROUP) COMMON 852061506 5575807 85140 X X 48698 3218 33224
STAPLES INC COMMON 855030102 138067802 6715876 X X 4559406 1423914 732556
STARBUCKS CORP COMMON 855244109 241989 5400 X X 3600 600 1200
STATE STREET CORP COMMON 857477103 827506 8542 X X 4155 287 4100
STRYKER CORP COMMON 863667101 432450 6200 X 6200 0 0
SUMMIT BANCORP COMMON 866005101 298048 11354 X X 6416 4938 0
SUN MICROSYSTEMS INC COMMON 866810104 280462548 2939671 X X 1967913 704007 250636
SUNTRUST BANKS INC COMMON 867914103 1709400 29600 X X 3093 5751 20756
SWIFT TRANSPORTATION CO INC COMMON 870756103 953988 46536 X X 39681 6855 0
SYMANTEC CORP COMMON 871503108 6643922 89642 X X 83977 4975 690
SYSCO CORPORATION COMMON 871829107 512232 14151 X X 8020 6131 0
TAIWAN SEMICONDUCTOR MFG. CO COMMON 874039100 822510 14430 X 14430 0 0
TASEKO MINES LTD COMMON 876511106 26126 22000 X 0 0 22000
TELEFLEX INC COMMON 879369106 372321 10525 X X 180 145 10200
TELEFONICA DE ESPANA SPONS ADR COMMON 879382208 1367757 18390 X X 12166 2198 4026
TELEPHONE & DATA SYS INC COMMON 879433100 241149 2174 X X 1664 510 0
TENET HEALTHCARE CORP COMMON 88033G100 315219 13426 X X 10549 2877 0
TEVA PHARM INDS. ADR COMMON 881624209 862889 23126 X X 22446 680 0
TEXACO INC COMMON 881694103 7566121 140210 X X 75319 8879 56012
TEXAS INSTRUMENTS INC COMMON 882508104 223984507 1405938 X X 951270 308006 146662
TEXTRON INC COMMON 883203101 286610 4707 X X 3903 760 44
THOMAS & BETTS CORP COMMON 884315102 217666 7705 X X 5825 80 1800
3COM CORP COMMON 885535104 295061 5335 X X 3720 1615 0
TIDEWATER INC COMMON 886423102 6053939 181796 X X 167371 11280 3145
TIME WARNER INC COMMON 887315109 3109800 31518 X X 10266 3359 17893
TOLL BROTHERS INC COMMON 889478103 3451908 164153 X X 150952 10336 2865
</TABLE>
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<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
TOTAL S.A. ADR SPONSORED COMMON 89151E109 830928 11292 X X 10912 380 0
TRICON GLOBAL RESTAURANTS, INC COMMON 895953107 475662 15313 X X 1153 1490 12670
TRIGON HEALTHCARE INC COMMON 89618L100 7552388 200560 X X 180647 16668 3245
TROPICAL SPORTSWEAR INTL COMMON 89708P102 894127 72990 X 72990 0 0
TYCO INTERNATIONAL LTD COMMON 902124106 190013098 3747329 X X 2640831 762029 344469
UCAR INTERNATIONAL INC COMMON 90262K109 2548138 182422 X X 168812 10600 3010
USX MARATHON GROUP COMMON 902905827 373380 14326 X X 6715 7264 347
UNIFI INC COMMON 904677101 3950437 388921 X X 357651 24680 6590
UNILEVER NV COMMON 904784709 328597 6902 X X 630 916 5356
UNION PACIFIC CORP COMMON 907818108 536642 13740 X X 1690 0 12050
UNIONBANCAL CORPORATION COMMON 908906100 672443 24397 X X 21677 2720 0
UNITED HEALTHCARE CORP COMMON 910581107 218868 3655 X X 2345 1310 0
UNITED RENTALS INC COMMON 911363109 5867088 324232 X X 288637 25310 10285
UNITED SHIELDS CORP COMMON 911494102 2081 11100 X 11100 0 0
US WEST INC COMMON 91273H101 2611881 37291 X X 10178 4963 22150
UNITED STATIONERS INC COMMON 913004107 6284016 171132 X X 155716 13051 2365
UNITED TECHNOLOGIES CORP COMMON 913017109 3262918 38636 X X 19640 16651 2345
UNOCAL CORP COMMON 915289102 209738 7215 X X 6635 580 0
UPM-KYMMENE OYJ COMMON 915436109 201040 7180 X 7180 0 0
VARIAN MEDICAL SYSTEMS INC COMMON 92220P105 11966054 249411 X X 228486 17135 3790
VASTAR RESOURCES INC COMMON 922380100 221434 2920 X X 2455 465 0
VEECO INSTRUMENTS INC COMMON 922417100 1599510 21615 X X 19255 2360 0
VIRGINIA ELECTRIC & POWER PREFERED 927804617 208750 10000 X 0 0 10000
VISHAY INTERTECHNOLOGY INC COMMON 928298108 257288 4524 X X 2946 1578 0
VIVENDI ADR SPONSORED COMMON 92851S105 1007649 43695 X X 42970 725 0
VODAFONE GROUP PLC ADR COMMON 92857T107 5627461 87475 X X 28900 10745 47830
VORNADO REALTY TRUST COMMON 929042109 5276246 152145 X X 136510 13380 2255
WICOR INC COMMON 929253102 424080 13680 X 480 0 13200
WPP GROUP PLC SPONS ADR COMMON 929309300 507921 5855 X X 5600 255 0
WACHOVIA CORP COMMON 929771103 513746 7604 X X 947 4977 1680
WAL-MART STORES COMMON 931142103 185809963 3213903 X X 2223950 695660 294293
WALGREEN COMPANY COMMON 931422109 615771 23765 X X 15956 7809 0
WARNER-LAMBERT CO COMMON 934488107 173219446 1698103 X X 1198532 325956 173615
WASHINGTON GAS & LIGHT CO COMMON 938837101 542138 19950 X 150 0 19800
WELLS FARGO COMPANY COMMON 949746101 244726657 5768609 X X 3975058 1160090 633461
WESTPOINT STEVENS INC COMMON 961238102 3597799 181424 X X 167689 10685 3050
WEYERHAEUSER CO COMMON 962166104 1255828 22037 X X 3575 1362 17100
WHITNEY HOLDING CORP COMMON 966612103 440438 13500 X 0 0 13500
WILLIAMS COMPANIES COMMON 969457100 1192188 27173 X X 10983 2690 13500
WILMINGTON TRUST CORP COMMON 971807102 1134082 23323 X X 14301 3022 6000
WOLVERINE WORLD WIDE COMMON 978097103 4947043 401996 X X 368921 25720 7355
WOODSIDE PETROLEUM LIMITED COMMON 980228308 367650 61185 X 61185 0 0
XEROX CORP COMMON 984121103 818256 31575 X X 11695 880 19000
YOUNG & RUBICAM INC COMMON 987425105 4868809 103126 X X 95556 5990 1580
ZALE CORP COMMON 988858106 11216784 228265 X X 204466 17752 6047
BAYERISCHE MOTOREN WERKE A COMMON D12096109 793600 24800 X 24800 0 0
DAIMLERCHRYSLER AG COMMON D1668R123 322410 4927 X X 1083 3844 0
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
EVEREST RE GROUP LTD COMMON G3223R108 7447287 218009 X X 197259 17540 3210
FIRST PAC LTD ORD COMMON G34804107 7470 15563 X 0 15563 0
GLOBAL CROSSING LTD COMMON G3921A100 388171 9482 X X 2754 528 6200
LASALLE RE HOLDINGS LIMITED COMMON G5383Q101 719627 51865 X 51865 0 0
TRANSOCEAN SEDCO FOREX COMMON G90078109 134952533 2615515 X X 1853855 521809 239851
XL CAPITAL LIMITED COMMON G98255105 520438 9574 X X 8747 827 0
ASM LITHOGRAPHY HOLDING NV COMMON N07059111 747607 7470 X 7470 0 0
ROYAL CARIBBEAN CRUISES LTD COMMON Q7780T103 1255100 44825 X X 44825 0 0
ROYAL CARIBBEAN CRUISES LTD COMMON V7780T103 264376 9442 X X 4657 4785 0
FLEXTRONICS INTL. LTD COMMON Y2573F102 1708440 24258 X X 21213 1795 1250
PETRON CORP ORD COMMON Y6885F106 2940 49000 X 0 49000 0
10,155,954,657
</TABLE>
