UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
REPORT FOR THE CALENDAR YEAR OR QUARTER ENDED: 3/31/99
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: LYON STREET ASSET MANAGEMENT COMPANY
ADDRESS: 111 LYON ST
GRAND RAPIDS, MI 49503
13F FILE NUMBER: 28-7690
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: KEN KREI
TITLE: EXECUTIVE VICE PRESIDENT
PHONE: (616)653-3365
SIGNATURE,PLACE,AND DATE OF SIGNING:
KEN KREI GRAND RAPIDS, MI 3/31/99
REPORT TYPE (CHECK ONLY ONE.):
( X) 13F HOLDINGS REPORT
( ) 13F NOTICE
( ) 13F COMBINATION REPORT
LIST OF OTHER MANAGERS REPORTING FOR THIS MANAGER:
NONE
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: 1
FORM 13F INFORMATION TABLE ENTRY TOTAL: 1,091
FORM 13F INFORMATION TABLE VALUE TOTAL: $2,354,541,789.52
LIST OF OTHER INCLUDED MANAGERS:
PROVIDE A NUMBERED LIST OF THE NAMES(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.]
NO. FORM 13F FILE NUMBER NAME
1 28-1597 OLD KENT FINANCIAL CORPORATION
<PAGE>
<TABLE>
TITLE OF VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP (X1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------ ------------ --------- -------- -------- --- ---- ------- -------- ----- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C>
AAR CORP COMMON STOCK 000361105 768609.38 43,150 SH SHARED 43,150
ABM INDUSTRIES INC COMMON STOCK 000957100 1488400.00 48,800 SH SHARED 48,800
AES CORP COMMON STOCK 00130H105 540125.00 14,200 SH SHARED 14,200
AMR CORPORATION COMMON STOCK 001765106 1862287.50 31,800 SH SHARED 31,800
ARM FINANCIAL GROUP-CL A COMMON STOCK 001944107 1142718.75 76,500 SH SHARED 76,500
AT&T CORP COMMON STOCK 001957109 29760564.81 369,481 SH SHARED 369,481
ABBOTT LABS COMMON STOCK 002824100 12587881.25 266,500 SH SHARED 266,500
ACCEPTANCE INSURANCE COS COMMON STOCK 004308102 513000.00 38,000 SH SHARED 38,000
ACCLAIM ENTERTAINMENT COMMON STOCK 004325205 630093.75 70,500 SH SHARED 70,500
ACUSON COMMON STOCK 005113105 1390681.25 93,100 SH SHARED 93,100
ACX TECH INC COMMON STOCK 005123104 700875.00 53,400 SH SHARED 53,400
ADOBE SYSTEMS INC COMMON STOCK 00724F101 295100.00 4,800 SH SHARED 4,800
ADVEST GROUP, INC. COMMON STOCK 007566102 434750.00 23,500 SH SHARED 23,500
ADVO, INC. COMMON STOCK 007585102 1293937.50 67,000 SH SHARED 67,000
AEROFLEX, INC. COMMON STOCK 007768104 570000.00 40,000 SH SHARED 40,000
AEROQUIP-VICKERS INC. COMMON STOCK 007869100 131818.75 2,300 SH SHARED 2,300
ADVANCED MICRO DEVICES COMMON STOCK 007903107 178250.00 11,500 SH SHARED 11,500
AETNA COMMON STOCK COMMON STOCK 008117103 1981210.00 23,670 SH SHARED 23,670
AFFYMETRIX INC. COMMON STOCK 00826T108 1914687.50 55,000 SH SHARED 55,000
AIR PRODUCTS & CHEMICAL COMMON STOCK 009158106 630200.00 18,100 SH SHARED 18,100
AIRNET SYSTEMS, INC. COMMON STOCK 009417106 144200.00 20,600 SH SHARED 20,600
AIRTOUCH COMM. COMMON STOCK 00949T100 9131062.50 93,600 SH SHARED 93,600
ALASKA AIRGROUP INC COMMON STOCK 011659109 1515250.00 31,900 SH SHARED 31,900
ALBANY INTL CORP. COMMON STOCK 012348108 1050000.00 56,000 SH SHARED 56,000
ALBERTO CULVER CO COMMON STOCK 013068101 105187.50 4,500 SH SHARED 4,500
ALBERTSONS INC COMMON STOCK 013104104 2520100.00 46,100 SH SHARED 46,100
ALCAN ALUMINUM LTD ADR COMMON STOCK 013716105 468496.88 18,150 SH SHARED 18,150
ALCOA INC. COMMON STOCK 013817101 3060231.25 73,800 SH SHARED 73,800
ALKERMES INC. COMMON STOCK 01642T108 1828475.00 67,100 SH SHARED 67,100
ALLEGHENY TELEDYNE, INC. COMMON STOCK 017415100 295803.75 15,620 SH SHARED 15,620
ALLEN TELECOM INC. COMMON STOCK 018091108 608068.75 100,300 SH SHARED 100,300
ALLERGAN INC COMMON STOCK 018490102 465737.50 5,200 SH SHARED 5,200
ALLIANT TECHSYSTEMS INC COMMON STOCK 018804104 1584825.00 20,400 SH SHARED 20,400
ALLIED PRODUCTS CORP. COMMON STOCK 019411107 94350.00 31,450 SH SHARED 31,450
ALLIED SIGNAL INC COMMON STOCK 019512102 4756431.25 95,600 SH SHARED 95,600
ALLSTATE CORP COMMON STOCK 020002101 6378382.13 170,798 SH SHARED 170,798
ALLTEL COMMON STOCK 020039103 1366012.50 21,700 SH SHARED 21,700
ALPHARMA INC-CL A COMMON STOCK 020813101 2355000.00 60,000 SH SHARED 60,000
ALZA COMMON STOCK 022615108 263925.00 6,900 SH SHARED 6,900
AMCAST INDUSTRIAL CORP. COMMON STOCK 023395106 403125.00 13,000 SH SHARED 13,000
AMERADA HESS CORP COMMON STOCK 023551104 362250.00 7,200 SH SHARED 7,200
AMEREN CORPORATION COMMON STOCK 023608102 394443.75 10,900 SH SHARED 10,900
AMERICAN ONLINE COMMON STOCK 02364J104 19768400.00 133,900 SH SHARED 133,900
AMERICA WEST HOLDINGS-B COMMON STOCK 023657208 1816656.25 95,300 SH SHARED 95,300
AMERICAN BUSINESS PROD COMMON STOCK 024763104 537600.00 38,400 SH SHARED 38,400
AMERICAN ELEC POWER INC COMMON STOCK 025537101 611187.50 15,100 SH SHARED 15,100
AMERICAN EXPRESS CO COMMON STOCK 025816109 9511625.00 80,250 SH SHARED 80,250
AMERICAN GENERAL CORP COMMON STOCK 026351106 3644709.00 51,498 SH SHARED 51,498
AMERICAN GREETINGS CORP COMMON STOCK 026375105 469437.50 18,500 SH SHARED 18,500
AMERICAN HERITAGE LIFE COMMON STOCK 026522102 2652962.50 113,800 SH SHARED 113,800
AMERICAN HOME PRODUCTS COMMON STOCK 026609107 14231025.00 216,000 SH SHARED 216,000
AMERICAN INT'L GROUP COMMON STOCK 026874107 24604363.75 201,374 SH SHARED 201,374
AMERICAN MEDIA INC. CL A COMMON STOCK 02744L100 645700.00 117,400 SH SHARED 117,400
AMERICAN MEDICAL SECURIT COMMON STOCK 02744P101 742000.00 53,000 SH SHARED 53,000
AMERICAN MOBLIE SAT. COMMON STOCK 02755R103 701250.00 93,500 SH SHARED 93,500
AMER RETIREMENT CORP COMMON STOCK 028913101 527562.50 36,700 SH SHARED 36,700
AMERICAN PRECISION IND COMMON STOCK 029069101 244475.00 25,400 SH SHARED 25,400
AMERICAN STATES WATER COMMON STOCK 029899101 375875.00 15,500 SH SHARED 15,500
AMERICAN STORES CO. COMMON STOCK 030096101 1828200.00 55,000 SH SHARED 55,000
AMERICREDIT COMMON STOCK 03060R101 2745750.00 209,200 SH SHARED 209,200
AMERITRADE HOLDING CORP COMMON STOCK 03072H109 6422000.00 104,000 SH SHARED 104,000
AMERUS LIFE HOLDINGS-A COMMON STOCK 030732101 1200000.00 50,000 SH SHARED 50,000
AMERITECH CORP COMMON STOCK 030954101 11352065.50 194,148 SH SHARED 194,148
AMETEK INC. COMMON STOCK 031100100 1898000.00 104,000 SH SHARED 104,000
AMGEN, INC. COMMON STOCK 031162100 6648900.00 88,100 SH SHARED 88,100
AMP INC COMMON STOCK 031897101 942484.06 17,255 SH SHARED 17,255
AMSOUTH BANC CORPK COMMON STOCK 032165102 432250.00 9,500 SH SHARED 9,500
ANADARKO COMMON STOCK 032511107 362400.00 9,600 SH SHARED 9,600
ANALOGIC CORP COMMON STOCK 032657207 1538181.25 46,700 SH SHARED 46,700
ANALYSTS INTERNATIONAL COMMON STOCK 032681108 951050.00 82,700 SH SHARED 82,700
ANDREW CORP COMMON STOCK 034425108 85633.44 6,955 SH SHARED 6,955
ANGELICA CORP. COMMON STOCK 034663104 364000.00 26,000 SH SHARED 26,000
ANHEUSER BUSCH CO INC COMMON STOCK 035229103 6328895.63 82,370 SH SHARED 82,370
ANIXTER INTERNAT INC COMMON STOCK 035290105 966937.50 81,000 SH SHARED 81,000
ANNTAYLOR STORES CORP COMMON STOCK 036115103 2554037.50 57,800 SH SHARED 57,800
AON CORP. COMMON STOCK 037389103 2194775.00 34,500 SH SHARED 34,500
APACHE CORP COMMON STOCK 037411105 208500.00 7,700 SH SHARED 7,700
APPLE COMPUTER INC COMMON STOCK 037833100 384531.25 10,700 SH SHARED 10,700
APPLEBEE'S INT'L COMMON STOCK 037899101 744375.00 30,000 SH SHARED 30,000
APRIA HEALTHCARE GROUP COMMON STOCK 037933108 1965312.50 165,500 SH SHARED 165,500
APPLIED INDUSTRIAL TECH COMMON STOCK 03820C105 475315.63 42,725 SH SHARED 42,725
APPLIED MAGNETICS CORP. COMMON STOCK 038213104 385296.06 92,011 SH SHARED 92,011
APPLIED MATERIALS INC COMMON STOCK 038222105 3787612.50 60,800 SH SHARED 60,800
APPLIED POWER INC. COMMON STOCK 038225108 2180000.00 80,000 SH SHARED 80,000
APPLIED MICRO CIRCUITS COMMON STOCK 03822W109 961875.00 22,500 SH SHARED 22,500
AQUARION CO. COMMON STOCK 03838W101 602250.00 21,900 SH SHARED 21,900
AQUILA GAS PIPELINE CORP.COMMON STOCK 03839B106 216775.00 29,900 SH SHARED 29,900
ARCADIA FINANCIAL LTD COMMON STOCK 039101100 648375.00 136,500 SH SHARED 136,500
ARCHER-DANIELS-MIDLAND COMMON STOCK 039483102 695688.13 46,666 SH SHARED 46,666
ARDENT SOFTWARE INC. COMMON STOCK 039794102 494725.00 30,800 SH SHARED 30,800
ARMCO INC COMMON STOCK 042170100 1017075.00 229,200 SH SHARED 229,200
ARMSTRONG WRLD INDUST COMMON STOCK 042476101 144600.00 3,200 SH SHARED 3,200
ARTESYN TECHNOLOGIES INC.COMMON STOCK 043127109 1096425.00 88,600 SH SHARED 88,600
ARVIN INDUSTRIES INC COMMON STOCK 043339100 1576575.00 46,800 SH SHARED 46,800
ASARCO INC COMMON STOCK 043413103 44000.00 3,200 SH SHARED 3,200
ASCEND COMMUNICATIONS COMMON STOCK 043491109 1456162.50 17,100 SH SHARED 17,100
ASHLAND INC COMMON STOCK 044204105 1127828.13 27,250 SH SHARED 27,250
ASSOCIA FIRST CAPITAL-A COMMON STOCK 046008108 5331060.00 117,768 SH SHARED 117,768
ATLANTIC RICHFIELD CO. COMMON STOCK 048825103 4263200.00 58,300 SH SHARED 58,300
ATLAS AIR, INC. COMMON STOCK 049164106 2070178.13 45,000 SH SHARED 45,000
ATMOS ENERGY CORP. COMMON STOCK 049560105 797671.88 33,150 SH SHARED 33,150
ATWOOD OCEANICS COMMON STOCK 050095108 1020000.00 34,000 SH SHARED 34,000
AUTHENTIC FITNESS CORP. COMMON STOCK 052661105 972562.50 63,000 SH SHARED 63,000
AUTO DESK COMMON STOCK 052769106 153662.50 3,800 SH SHARED 3,800
AUTOMATIC DATA PROC COMMON STOCK 053015103 6327892.50 152,940 SH SHARED 152,940
AUTOZONE COMMON STOCK 053332102 370575.00 11,800 SH SHARED 11,800
AVERY DENNISON CORP COMMON STOCK 053611109 534750.00 9,300 SH SHARED 9,300
AVIALL, INC. COMMON STOCK 05366B102 663400.00 42,800 SH SHARED 42,800
AVIATION SALES CO. COMMON STOCK 053672101 725350.00 16,300 SH SHARED 16,300
AVON PRODUCTS COMMON STOCK 054303102 993018.75 20,700 SH SHARED 20,700
AZTAR CORP. COMMON STOCK 054802103 502425.00 104,400 SH SHARED 104,400
BB&T CORP COMMON STOCK 054937107 854025.00 23,600 SH SHARED 23,600
BA MERCHANT SERVICES COMMON STOCK 055239107 1230650.00 60,400 SH SHARED 60,400
BMC INDUSTRIES INC. COMMON STOCK 055607105 390500.00 88,000 SH SHARED 88,000
BMC SOFTWARE COMMON STOCK 055921100 641181.25 17,100 SH SHARED 17,100
BAKER HUGHES COMMON STOCK 057224107 638932.50 25,780 SH SHARED 25,780
BALDOR ELECTRIC CO. COMMON STOCK 057741100 1529500.00 76,000 SH SHARED 76,000
BALL CORPORATION COMMON STOCK 058498106 117343.75 2,500 SH SHARED 2,500
BALLARD MEDICAL PRODUCTS COMMON STOCK 058566100 2240062.50 91,900 SH SHARED 91,900
BALTIMORE GAS & ELEC CO COMMON STOCK 059165100 301962.50 11,900 SH SHARED 11,900
BANCORPSOUTH INC COMMON STOCK 059692103 2556800.00 159,800 SH SHARED 159,800
BANCTEC INC COMMON STOCK 059784108 970225.00 78,800 SH SHARED 78,800
BANK OF NEW YORK INC COMMON STOCK 064057102 4819218.75 132,900 SH SHARED 132,900
BANK ONE CORP COMMON STOCK 06423A103 11951701.07 215,557 SH SHARED 215,557
BANKAMERICA CORP NEW COMMON STOCK 06605F102 21126903.75 296,442 SH SHARED 296,442
BANKBOSTON CORP. COMMON STOCK 06605R106 2425500.00 55,800 SH SHARED 55,800
BANKERS TRUST NEW YORK COMMON STOCK 066365107 1438475.00 16,100 SH SHARED 16,100
BANKNORTH GROUP, INC. COMMON STOCK 06646L100 1836250.00 65,000 SH SHARED 65,000
BANNER AEROSPACE, INC. COMMON STOCK 066525106 288362.50 39,100 SH SHARED 39,100
BARD C.R. INC COMMON STOCK 067383109 1442512.50 28,600 SH SHARED 28,600
BARNES GROUP, INC. COMMON STOCK 067806109 789375.00 42,100 SH SHARED 42,100
BARRICK GOLD CORP ADR COMMON STOCK 067901108 1476759.38 86,550 SH SHARED 86,550
BATTLE MOUNTAIN GOLD CO. COMMON STOCK 071593107 51425.00 18,700 SH SHARED 18,700
BAUSCH & LOMB INC COMMON STOCK 071707103 292500.00 4,500 SH SHARED 4,500
BAXTER INTERNATIONAL COMMON STOCK 071813109 3247200.00 48,700 SH SHARED 48,700
BEAR STEARNS COMPANIES COMMON STOCK 073902108 422296.88 8,750 SH SHARED 8,750
BECTON DICKINSON & CO COMMON STOCK 075887109 1992250.00 51,700 SH SHARED 51,700
BELCO OIL & GAS COMMON STOCK 077410108 400781.25 67,500 SH SHARED 67,500
BELDEN INC COMMON STOCK 077459105 769518.75 45,100 SH SHARED 45,100
BELL & HOWELL CO. COMMON STOCK 077852101 2456387.50 83,800 SH SHARED 83,800
BELL ATLANTIC COMMON STOCK 077853109 13652736.25 261,640 SH SHARED 261,640
BELL INDUSTRIES, INC. COMMON STOCK 078107109 362274.25 34,918 SH SHARED 34,918
BELLSOUTH CORP COMMON STOCK 079860102 13857618.75 342,400 SH SHARED 342,400
BEMIS CO. COMMON STOCK 081437105 133568.75 4,100 SH SHARED 4,100
BERRY PETROLEUM CO., CL COMMON STOCK 085789105 530200.00 48,200 SH SHARED 48,200
BESTFOODS COMMON STOCK 08658U101 2303000.00 48,500 SH SHARED 48,500
BETHLEHEM STEEL CORP COMMON STOCK 087509105 86625.00 10,500 SH SHARED 10,500
BEVERLY ENTERPRISES INC. COMMON STOCK 087851309 1716875.00 335,000 SH SHARED 335,000
BIG FLOWER HOLDINGS INC COMMON STOCK 089159107 1198312.50 38,500 SH SHARED 38,500
BINDLEY WESTERN IND COMMON STOCK 090324104 1513812.50 53,000 SH SHARED 53,000
BIOMET COMMON STOCK 090613100 1149087.50 27,400 SH SHARED 27,400
BLACK AND DECKER CORP COMMON STOCK 091797100 1319412.50 23,800 SH SHARED 23,800
BLACK HILLS CORP. COMMON STOCK 092113109 637243.75 29,900 SH SHARED 29,900
BLANCH (E.W.) HOLDINGS, COMMON STOCK 093210102 2100000.00 40,000 SH SHARED 40,000
H & R BLOCK COMMON STOCK 093671105 379000.00 7,700 SH SHARED 7,700
BOEING COMPANY COMMON STOCK 097023105 5435839.50 157,892 SH SHARED 157,892
BOISE CASCADE CORP COMMON STOCK 097383103 148608.00 4,608 SH SHARED 4,608
BOMBAY COMPANY INC COMMON STOCK 097924104 326000.00 81,500 SH SHARED 81,500
BORG-WARNER SECURITY CORPCOMMON STOCK 099733107 705175.00 42,100 SH SHARED 42,100
BOSTON BEER CO. INC-CL A COMMON STOCK 100557107 240250.00 31,000 SH SHARED 31,000
BOSTON SCIENTIFIC CORP COMMON STOCK 101137107 1281775.00 30,900 SH SHARED 30,900
BOYD GAMING CP COMMON STOCK 103304101 212500.00 50,000 SH SHARED 50,000
BRIGGS & STRATTON CORP COMMON STOCK 109043109 93693.75 1,900 SH SHARED 1,900
BRISTOL MYERS SQUIBB CO. COMMON STOCK 110122108 23165362.50 357,100 SH SHARED 357,100
BROOKE GROUP, LTD. COMMON STOCK 112525100 583593.75 37,500 SH SHARED 37,500
BROWN & SHARPE MANUFACTURCOMMON STOCK 115223109 91837.50 18,600 SH SHARED 18,600
BROWN-FORMAN CORP COMMON STOCK 115637209 316937.50 5,500 SH SHARED 5,500
BROWN GROUP INC COMMON STOCK 115657108 656737.50 49,800 SH SHARED 49,800
BROWNING-FERRIS IND INC COMMON STOCK 115885105 532162.50 12,500 SH SHARED 12,500
BRUNSWICK CORP COMMON STOCK 117043109 146781.25 7,200 SH SHARED 7,200
BRUSH WELLMAN COMMON STOCK 117421107 542300.00 37,400 SH SHARED 37,400
BUCKEYE TECHNOLOGIES INC COMMON STOCK 118255108 1071000.00 76,500 SH SHARED 76,500
THE BUCKLE COMMON STOCK 118440106 1012500.00 40,000 SH SHARED 40,000
BUDGET GROUP INC - CL A COMMON STOCK 119003101 668850.00 54,600 SH SHARED 54,600
BURLINGTON COAT FACTORY WCOMMON STOCK 121579106 652125.00 55,500 SH SHARED 55,500
BURLINGTON INDUSTRIES INCCOMMON STOCK 121693105 1022237.50 154,300 SH SHARED 154,300
BURLINGTON NORTH SANTA FECOMMON STOCK 12189T104 1239387.50 36,900 SH SHARED 36,900
BURLINGTON COMMON STOCK 122014103 565714.69 13,965 SH SHARED 13,965
BUSH BOAKE ALLN COMMON STOCK 123162109 544500.00 19,800 SH SHARED 19,800
BUSH INDUSTRIES, INC. COMMON STOCK 123164105 497264.94 40,387 SH SHARED 40,387
C&D TECH INC COMMON STOCK 124661109 1007437.50 40,500 SH SHARED 40,500
CB RICHARD ELLIS SERVICESCOMMON STOCK 12489L108 726000.00 44,000 SH SHARED 44,000
CBS CORPORATION COMMON STOCK 12490K107 2321156.25 55,600 SH SHARED 55,600
CDI CORP. COMMON STOCK 125071100 842187.50 35,000 SH SHARED 35,000
CIGNA CORP COMMON STOCK 125509109 3834421.88 45,450 SH SHARED 45,450
CLECO CORP. COMMON STOCK 12561M107 1112150.00 37,700 SH SHARED 37,700
CMP GROUP INC. COMMON STOCK 125887109 1014300.00 55,200 SH SHARED 55,200
CONN NAT. GASSTOCK COMMON STOCK 125957100 455962.50 16,700 SH SHARED 16,700
CSG SYSTEMS INTERNATIONALCOMMON STOCK 126349109 1971875.00 50,000 SH SHARED 50,000
CSX CORP COMMON STOCK 126408103 1456574.00 37,108 SH SHARED 37,108
CTS CORP. COMMON STOCK 126501105 2224687.50 45,000 SH SHARED 45,000
CVB FINANCIAL CORP. COMMON STOCK 126600105 96250.00 2,500 SH SHARED 2,500
CVS CORPORATION COMMON STOCK 126650100 1486750.00 30,700 SH SHARED 30,700
CABLETRON SYSTEMS COMMON STOCK 126920107 109712.50 13,400 SH SHARED 13,400
CABLE DESIGN TECHNOLOGIESCOMMON STOCK 126924109 707300.00 64,300 SH SHARED 64,300
CABOT OIL & GAS CORP., CLCOMMON STOCK 127097103 643912.50 44,600 SH SHARED 44,600
CALGON CARBON CORP COMMON STOCK 129603106 408256.25 78,700 SH SHARED 78,700
CAMPBELL SOUP CO COMMON STOCK 134429109 3340443.75 81,100 SH SHARED 81,100
CAPITAL ONE FINANCIAL COMMON STOCK 14040H105 800300.00 5,200 SH SHARED 5,200
CAPITAL RE CORP. COMMON STOCK 140432105 1242000.00 72,000 SH SHARED 72,000
CARDINAL HEALTH COMMON STOCK 14149Y108 3075600.00 46,200 SH SHARED 46,200
CARMIKE CINEMAS, INC., CLCOMMON STOCK 143436103 579806.25 32,100 SH SHARED 32,100
CARNIVAL CRUISE LINES COMMON STOCK 143658102 2321287.50 46,900 SH SHARED 46,900
CAROLINA POWER LIGHT CO COMMON STOCK 144141108 457531.25 11,900 SH SHARED 11,900
CARPENTER TECHNOLOGY COMMON STOCK 144285103 1084187.50 41,800 SH SHARED 41,800
CARTER-WALLACE INC COMMON STOCK 146285101 2586437.50 142,700 SH SHARED 142,700
CASE CORPORATION COMMON STOCK 14743R103 152250.00 6,000 SH SHARED 6,000
CASH AMERICA INTERNATIONACOMMON STOCK 14754D100 719712.50 55,900 SH SHARED 55,900
CASTLE & COOKE INC COMMON STOCK 148433105 956312.50 71,500 SH SHARED 71,500
CATALINA MARKETING CORP. COMMON STOCK 148867104 4379625.00 51,000 SH SHARED 51,000
CATERPILLAR INC COMMON STOCK 149123101 2930812.50 63,200 SH SHARED 63,200
CAVALIER HOMES COMMON STOCK 149507105 293562.50 30,500 SH SHARED 30,500
CENDANT CORPORATION COMMON STOCK 151313103 1079174.25 67,219 SH SHARED 67,219
CENTEX CORPORATON COMMON STOCK 152312104 160200.00 4,800 SH SHARED 4,800
CENTEX CONSTRUCTION PRODUCOMMON STOCK 15231R109 1301987.50 37,400 SH SHARED 37,400
CENTRAL & SOUTH WEST CORPCOMMON STOCK 152357109 396093.75 16,900 SH SHARED 16,900
CENTRAL HUDSON GAS/ELEC. COMMON STOCK 153609102 1052887.50 29,400 SH SHARED 29,400
CENTRAL VERMONT PUB SVC COMMON STOCK 155771108 316968.75 28,900 SH SHARED 28,900
CENTRIS GROUP INC COMMON STOCK 155904105 449962.50 42,600 SH SHARED 42,600
CENTURY TELEPHONE COMMON STOCK 156686107 0.00 1,000 SH SHARED 1,000
CERIDAN CORP. COMMON STOCK 15677T106 416812.50 11,400 SH SHARED 11,400
CERNER CORPORATION COMMON STOCK 156782104 1959625.00 85,000 SH SHARED 85,000
CHAMPION INTERNATIONAL COCOMMON STOCK 158525105 312075.00 7,600 SH SHARED 7,600
CHART INDUSTRIES, INC. COMMON STOCK 16115Q100 348468.75 53,100 SH SHARED 53,100
CHARTWELL RE CORP COMMON STOCK 16139W109 593400.00 34,400 SH SHARED 34,400
CHASE INDUSTRIES INC. COMMON STOCK 161568100 231037.50 30,300 SH SHARED 30,300
CHASE MANHATTAN CORP COMMON STOCK 16161A108 12344538.50 150,516 SH SHARED 150,516
CHECKFREE HOLDINGS CORP. COMMON STOCK 162816102 1362000.00 32,000 SH SHARED 32,000
CHECKPOINT SYSTEMS INC. COMMON STOCK 162825103 402325.00 48,400 SH SHARED 48,400
CHEMED CORP. COMMON STOCK 163596109 455775.00 17,700 SH SHARED 17,700
CHEMFIRST INC. COMMON STOCK 16361A106 1123300.00 47,800 SH SHARED 47,800
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CONMED COMMON STOCK 207410101 1550000.00 50,000 SH SHARED 50,000
CONNECTICUT ENERGY CORP. COMMON STOCK 207567108 373450.00 15,400 SH SHARED 15,400
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CONSOLIDATED NATURAL GAS COMMON STOCK 209615103 1090600.00 22,400 SH SHARED 22,400
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DSP COMMUNICATIONS INC COMMON STOCK 23332K106 1071562.50 67,500 SH SHARED 67,500
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DANAHER CORP. COMMON STOCK 235851102 559075.00 10,500 SH SHARED 10,500
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DEERE & COMPANY COMMON STOCK 244199105 741600.00 18,800 SH SHARED 18,800
DELL COMPUTER CORP COMMON STOCK 247025109 17151150.00 415,400 SH SHARED 415,400
DELPHI FINANCIAL GROUP COMMON STOCK 247131105 1693750.00 50,000 SH SHARED 50,000
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DELUXE CORP COMMON STOCK 248019101 186400.00 6,400 SH SHARED 6,400
DEPARTMENT 56 COMMON STOCK 249509100 1862775.00 61,200 SH SHARED 61,200
DETROIT DIESEL CORP. COMMON STOCK 250837101 1012500.00 45,000 SH SHARED 45,000
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DISCOUNT AUTO PARTS INC. COMMON STOCK 254642101 1051350.00 28,000 SH SHARED 28,000
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DOVER CORP COMMON STOCK 260003108 585175.00 17,600 SH SHARED 17,600
DOW CHEMICAL COMPANY COMMON STOCK 260543103 4025700.00 42,800 SH SHARED 42,800
DOW JONES AND COMPANY COMMON STOCK 260561105 358625.00 7,400 SH SHARED 7,400
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DUKE ENERGY CORP. COMMON STOCK 264399106 4075352.75 74,006 SH SHARED 74,006
DUN & BRADSTREET NEW COMMON STOCK 26483B106 472565.63 12,965 SH SHARED 12,965
DURA AUTOMOTIVE SYSTEMS COMMON STOCK 265903104 30565.16 1,082 SH SHARED 1,082
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EMC CORPORATION COMMON STOCK 268648102 9364075.00 72,500 SH SHARED 72,500
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E*TRADE GROUP INC COMMON STOCK 269246104 4256812.50 73,000 SH SHARED 73,000
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EARTHLINK NETWORK, INC. COMMON STOCK 270322100 810000.00 13,500 SH SHARED 13,500
EASTERN ENTERPRISES COMMON STOCK 27637F100 1073062.50 29,500 SH SHARED 29,500
EASTERN UTILITIES ASSOC COMMON STOCK 277173100 741787.50 26,200 SH SHARED 26,200
EASTMAN CHEMICAL CO. COMMON STOCK 277432100 269200.00 6,200 SH SHARED 6,200
EASTMAN KODAK COMPANY COMMON STOCK 277461109 3509931.25 54,450 SH SHARED 54,450
EATON CORP COMMON STOCK 278058102 407550.00 5,600 SH SHARED 5,600
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ECOLAB INC COMMON STOCK 278865100 365650.00 10,300 SH SHARED 10,300
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ELCOR CORP. COMMON STOCK 284443108 1303696.88 37,050 SH SHARED 37,050
ELECTRO SCIENTIFIC IND COMMON STOCK 285229100 1715850.00 36,900 SH SHARED 36,900
ELECTRONIC DATA SYSTEMS COMMON STOCK 285661104 1928025.00 38,800 SH SHARED 38,800
EMERSON ELEC CO COM COMMON STOCK 291011104 4388518.75 81,900 SH SHARED 81,900
EMPIRE DISTRICT ELECTRIC COMMON STOCK 291641108 803000.00 35,200 SH SHARED 35,200
ENERGEN CORP. COMMON STOCK 29265N108 764800.00 51,200 SH SHARED 51,200
ENGELHARD CORP COMMON STOCK 292845104 193714.19 11,437 SH SHARED 11,437
ENESCO GROUP INC. COMMON STOCK 292973104 930218.75 51,500 SH SHARED 51,500
ENHANCE FINANCIAL SERVICECOMMON STOCK 293310108 2866500.00 126,000 SH SHARED 126,000
ENNIS BUSINESS FORMS, INCCOMMON STOCK 293389102 239456.25 21,800 SH SHARED 21,800
ENRON CORP COMMON STOCK 293561106 3614062.50 55,650 SH SHARED 55,650
ENTERGY CORP COMMON STOCK 29364G103 1762750.00 64,100 SH SHARED 64,100
EQUIFAX INC COMMON STOCK 294429105 402187.50 11,700 SH SHARED 11,700
ESTERLINE TECHNOLOGIES COMMON STOCK 297425100 724500.00 56,000 SH SHARED 56,000
EVEREN CAPITAL CORP COMMON STOCK 299761106 2400318.75 122,700 SH SHARED 122,700
EXCALIBUR TECH COMMON STOCK 300651205 783750.00 60,000 SH SHARED 60,000
EXECUTIVE RISK, INC. COMMON STOCK 301586103 1065000.00 15,000 SH SHARED 15,000
EXODUS COMMUNICATIONS INCCOMMON STOCK 302088109 1412250.00 10,500 SH SHARED 10,500
EXPRESS SCRIPTS INC CL A COMMON STOCK 302182100 859375.00 10,000 SH SHARED 10,000
EXXON CORP. COMMON STOCK 302290101 29107031.25 408,700 SH SHARED 408,700
F & M NATIONAL CORP. COMMON STOCK 302374103 1747200.00 72,800 SH SHARED 72,800
FBL FINL GRP-A COMMON STOCK 30239F106 2126450.00 119,800 SH SHARED 119,800
FMC CORP COMMON STOCK 302491303 128375.00 2,600 SH SHARED 2,600
FPIC INSURANCE GROUP INC COMMON STOCK 302563101 1340450.00 32,300 SH SHARED 32,300
FPL GROUP INC COMMON STOCK 302571104 2345662.50 43,850 SH SHARED 43,850
FACTSET RESEARCH SYSYTEM COMMON STOCK 303075105 2601487.50 60,150 SH SHARED 60,150
FAIR ISSAC & CO. INC. COMMON STOCK 303250104 1419493.75 38,300 SH SHARED 38,300
FAIRCHILD CORP., CLASS A COMMON STOCK 303698104 242462.50 23,800 SH SHARED 23,800
FDX CORP. COMMON STOCK 31304N107 2414053.13 25,810 SH SHARED 25,810
FEDDERS CORPORATION COMMON STOCK 313135105 506250.00 100,000 SH SHARED 100,000
FEDERAL HOME LOAN COMMON STOCK 313400301 6632212.50 115,000 SH SHARED 115,000
FED NATL MTG ASSN COMMON STOCK 313586109 12558487.50 179,750 SH SHARED 179,750
FEDERAL SIGNAL CORP COMMON STOCK 313855108 1365225.00 65,400 SH SHARED 65,400
FEDERATED DEPART. STORES COMMON STOCK 31410H101 1444500.00 36,000 SH SHARED 36,000
FIDELITY NATIONAL FINANCICOMMON STOCK 316326107 904170.00 60,278 SH SHARED 60,278
FIFTH THIRD BANCORP COMMON STOCK 316773100 2993562.50 45,000 SH SHARED 45,000
FIRST AMERICAN FINANCIAL COMMON STOCK 318522307 948750.00 60,000 SH SHARED 60,000
FIRSTBANK PUERTO RICO COMMON STOCK 318672102 2678156.25 111,300 SH SHARED 111,300
FIRST COMMONWEALTH FINANCCOMMON STOCK 319829107 1683000.00 79,200 SH SHARED 79,200
FIRST DATA COMMON STOCK 319963104 3244725.00 75,200 SH SHARED 75,200
FIRST MIDWEST BANCORP INCCOMMON STOCK 320867104 2732200.00 71,900 SH SHARED 71,900
FIRST REPUBLIC BANK COMMON STOCK 336158100 803989.75 33,326 SH SHARED 33,326
FIRST UNION COMMON STOCK 337358105 10130146.88 188,070 SH SHARED 188,070
FIRSTAR CORP COMMON STOCK 33763V109 1655750.00 18,100 SH SHARED 18,100
FIRSTFED FINANCIAL CORP COMMON STOCK 337907109 1124375.00 70,000 SH SHARED 70,000
FIRST ENERGY CORP COMMON STOCK 337932107 1135659.38 40,650 SH SHARED 40,650
FLEET FINANCIAL GROUP INCCOMMON STOCK 338915101 3586189.25 94,414 SH SHARED 94,414
FLEETWOOD ENTERPRISES INCCOMMON STOCK 339099103 80150.00 2,800 SH SHARED 2,800
FLEMING COS., INC. COMMON STOCK 339130106 363906.25 42,500 SH SHARED 42,500
FLORIDA EAST COAST INDS COMMON STOCK 340632108 2254293.75 75,300 SH SHARED 75,300
FLUOR COMMON STOCK 343861100 162000.00 6,000 SH SHARED 6,000
FOODMAKER, INC. COMMON STOCK 344839204 2968200.00 100,000 SH SHARED 100,000
FOOTSTAR INC. COMMON STOCK 344912100 2224000.00 69,500 SH SHARED 69,500
FORCENERGY INC COMMON STOCK 345206106 30375.00 40,500 SH SHARED 40,500
FORD MOTOR CO DEL COMMON STOCK 345370100 12065050.00 210,700 SH SHARED 210,700
FOREMOST CP AM COMMON STOCK 345469100 1982312.50 98,500 SH SHARED 98,500
FOREST OIL CORP. COMMON STOCK 346091606 485250.00 64,700 SH SHARED 64,700
FORT JAMES CORP. COMMON STOCK 347471104 1449703.13 45,750 SH SHARED 45,750
FORTUNE BRANDS INC. COMMON STOCK 349631101 526150.00 13,600 SH SHARED 13,600
FOSTER WHEELER CORP COMMON STOCK 350244109 40012.50 3,300 SH SHARED 3,300
FRANKLIN COVEY CO. COMMON STOCK 353469109 623700.00 69,300 SH SHARED 69,300
FRANKLIN RES INC COMMON STOCK 354613101 568125.00 19,900 SH SHARED 19,900
FREEPORT-MCMORAN-COPPER COMMON STOCK 35671D857 461643.75 42,450 SH SHARED 42,450
FRONTIER CORP COMMON STOCK 35906P105 710687.50 13,500 SH SHARED 13,500
FRONTIER INSURANCE GROUP COMMON STOCK 359081106 1187500.00 100,000 SH SHARED 100,000
FRONTIER OIL CORP COMMON STOCK 35914P105 230500.00 46,100 SH SHARED 46,100
FURON CO. COMMON STOCK 361106107 433037.50 34,300 SH SHARED 34,300
GENERAL PUBLIC UTILITIES COMMON STOCK 36225X100 380587.50 10,200 SH SHARED 10,200
GTE CORP. COMMON STOCK 362320103 9525725.00 155,950 SH SHARED 155,950
GAINSCO INC COMMON STOCK 363127101 372450.00 60,400 SH SHARED 60,400
ARTHUR J GALLAGHER COMMON STOCK 363576109 2718600.00 59,100 SH SHARED 59,100
GANNETT INC COMMON STOCK 364730101 3704400.00 58,400 SH SHARED 58,400
GAP INC COMMON STOCK 364760108 7062764.06 103,325 SH SHARED 103,325
GATEWAY 2000 INC. COMMON STOCK 367833100 863887.50 12,300 SH SHARED 12,300
GENCORP, INC COMMON STOCK 368682100 1094400.00 60,800 SH SHARED 60,800
GENERAL CABLE CORP COMMON STOCK 369300108 821762.50 77,800 SH SHARED 77,800
GENL CHEMICAL COMMON STOCK 369332101 601125.00 45,800 SH SHARED 45,800
GENERAL DYNAMICS CORP COMMON STOCK 369550108 648925.00 10,100 SH SHARED 10,100
GENERAL ELECTRIC COMPANY COMMON STOCK 369604103 62801812.50 562,600 SH SHARED 562,600
GENERAL INSTRUMENT CORP. COMMON STOCK 370120107 1203406.25 39,700 SH SHARED 39,700
GENERAL MILLS, INC. COMMON STOCK 370334104 2622018.75 34,500 SH SHARED 34,500
GENERAL MOTORS CORP COMMON STOCK 370442105 10242562.50 116,800 SH SHARED 116,800
GENERAL SEMI CONDUCTOR COMMON STOCK 370787103 991075.00 136,700 SH SHARED 136,700
GENESCO, INC. COMMON STOCK 371532102 513375.00 55,500 SH SHARED 55,500
GENESIS HEALTH COMMON STOCK 371912106 549900.00 112,800 SH SHARED 112,800
GENRAD, INC. COMMON STOCK 372447102 1424562.50 99,100 SH SHARED 99,100
GENUINE PARTS CO COMMON STOCK 372460105 1182032.81 41,025 SH SHARED 41,025
GEON COMPANY COMMON STOCK 37246W105 1139775.00 50,100 SH SHARED 50,100
GEORGIA PAC CORPORATION COMMON STOCK 373298108 527175.00 6,900 SH SHARED 6,900
GERBER SCIENTIFIC, INC. COMMON STOCK 373730100 1750256.25 86,700 SH SHARED 86,700
GIANT INDUSTRIES, INC. COMMON STOCK 374508109 286843.75 20,000 SH SHARED 20,000
GILLETTE CO. COMMON STOCK 375766102 11559167.25 192,776 SH SHARED 192,776
GLEASON CORP. COMMON STOCK 377339106 345525.00 20,400 SH SHARED 20,400
GLOBAL DIRECTMAIL CORP COMMON STOCK 379321102 887750.00 53,000 SH SHARED 53,000
GLOBAL INDUSTRIAL TECHNOLCOMMON STOCK 379335102 555450.00 52,900 SH SHARED 52,900
GOLDEN WEST FINANC CORP COMMON STOCK 381317106 439300.00 4,500 SH SHARED 4,500
GOODRICH B F CO COMMON STOCK 382388106 205875.00 6,000 SH SHARED 6,000
GOODYEAR TIRE COMMON STOCK 382550101 1444562.50 29,000 SH SHARED 29,000
W.R. GRACE & CO. NEW COMMON STOCK 38388F108 75175.00 6,200 SH SHARED 6,200
GRACO, INC. COMMON STOCK 384109104 1025906.25 46,500 SH SHARED 46,500
GRAINGER W.W. INC. COMMON STOCK 384802104 327275.00 7,600 SH SHARED 7,600
GRANITE COMMON STOCK 387328107 998112.50 42,700 SH SHARED 42,700
GREAT ATLNTIC/PACIFIC TEACOMMON STOCK 390064103 93000.00 3,100 SH SHARED 3,100
GREAT LAKES CHEMICAL COMMON STOCK 390568103 1069425.00 29,100 SH SHARED 29,100
GRIFFON CORP. COMMON STOCK 398433102 286687.50 41,700 SH SHARED 41,700
GRUBB & ELLIS CO. COMMON STOCK 400095204 463087.50 69,900 SH SHARED 69,900
GUESS INC COMMON STOCK 401617105 208250.00 25,100 SH SHARED 25,100
GUIDANT CORP COMMON STOCK 401698105 3938550.00 64,600 SH SHARED 64,600
GUILFORD MILLS INC COMMON STOCK 401794102 416062.50 47,550 SH SHARED 47,550
GUILFORD PHARMACEUTICALS COMMON STOCK 401829106 713212.50 62,700 SH SHARED 62,700
HCC INSURANCE HOLDINGS COMMON STOCK 404132102 2573725.00 133,700 SH SHARED 133,700
HCR MANOR CARE INC. COMMON STOCK 404134108 200750.00 8,800 SH SHARED 8,800
HS RESOURCES, INC. COMMON STOCK 404297103 251125.00 28,700 SH SHARED 28,700
HUBCO INC COMMON STOCK 404382103 2670668.81 79,573 SH SHARED 79,573
HA-LO INDUSTRIES COMMON STOCK 404429102 1008393.75 81,900 SH SHARED 81,900
HADCO CORP COMMON STOCK 404681108 1225350.00 38,900 SH SHARED 38,900
HAEMONETICS CP COMMON STOCK 405024100 1361675.00 86,800 SH SHARED 86,800
HALLIBURTON CO COMMON STOCK 406216101 3307150.00 85,200 SH SHARED 85,200
HAMBRECHT & QUIST COMMON STOCK 406545103 3042093.75 87,700 SH SHARED 87,700
HANCOCK FABRICS, INC. COMMON STOCK 409900107 400843.75 63,500 SH SHARED 63,500
HANDLEMAN CO DEL COMMON STOCK 410252100 988412.50 73,900 SH SHARED 73,900
HANOVER COMPRESSOR CO COMMON STOCK 410768105 1529050.00 57,700 SH SHARED 57,700
HARCOURT GEN INC COMMON STOCK 41163G101 248859.00 5,616 SH SHARED 5,616
JOHN HARLAND CO COMMON STOCK 412693103 813768.75 62,900 SH SHARED 62,900
HARMAN INTL COMMON STOCK 413086109 1847790.00 50,280 SH SHARED 50,280
HARNISCHFEGER INDS INC COMMON STOCK 413345109 22306.38 3,922 SH SHARED 3,922
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HARRIS CORP COMMON STOCK 413875105 621162.50 21,400 SH SHARED 21,400
HARTFORD FINANCIAL SVC COMMON STOCK 416515104 1068075.00 18,400 SH SHARED 18,400
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HEALTHSOUTH CORP COMMON STOCK 421924101 1080037.50 104,100 SH SHARED 104,100
HEALTHPLAN SERVICES CORP.COMMON STOCK 421959107 319225.00 45,200 SH SHARED 45,200
HEALTHCARE FINANCIAL PTNSCOMMON STOCK 42219W108 903925.00 34,600 SH SHARED 34,600
HECLA MINING CO. COMMON STOCK 422704106 291775.00 106,100 SH SHARED 106,100
HEILIG MEYERS COMMON STOCK 422893107 668668.75 128,900 SH SHARED 128,900
H.J. HEINZ COMMON STOCK 423074103 3486373.63 72,991 SH SHARED 72,991
HELMERICH & PAYNE INC. COMMON STOCK 423452101 93018.75 4,100 SH SHARED 4,100
HERCULES INC. COMMON STOCK 427056106 746137.50 29,550 SH SHARED 29,550
HERSHEY FOODS CORP COMMON STOCK 427866108 1380400.00 24,650 SH SHARED 24,650
HEWLETT PACKARD COMMON STOCK 428236103 12968462.50 187,840 SH SHARED 187,840
HEXCEL CORP. COMMON STOCK 428291108 339000.00 48,000 SH SHARED 48,000
HIGHLANDS INSURANCE COMMON STOCK 431032101 553475.00 52,400 SH SHARED 52,400
HILB, ROGAL & HAMILTON COCOMMON STOCK 431294107 799450.00 47,200 SH SHARED 47,200
HILTON HOTELS COMMON STOCK 432848109 295312.50 20,500 SH SHARED 20,500
HOLLYWOOD PARK INC COMMON STOCK 436255103 463031.25 44,900 SH SHARED 44,900
HOME DEPOT COMMON STOCK 437076102 15516559.50 246,862 SH SHARED 246,862
HOMEBASE INC. COMMON STOCK 43738E108 383400.00 86,400 SH SHARED 86,400
HOMESTAKE MINING CO COMMON STOCK 437614100 425643.75 49,350 SH SHARED 49,350
HONEYWELL INC COMMON STOCK 438506107 2293328.13 30,050 SH SHARED 30,050
HOST MARRIOTT SVCS CORP COMMON STOCK 440914109 535275.00 79,300 SH SHARED 79,300
HOUSEHOLD INT'L COMMON STOCK 441815107 3813930.63 82,793 SH SHARED 82,793
HOUSTON EXPLORATION CO COMMON STOCK 442120101 781875.00 45,000 SH SHARED 45,000
HUFFY CORP. COMMON STOCK 444356109 456000.00 18,000 SH SHARED 18,000
HUGHES SUPPLY, INC. COMMON STOCK 444482103 1362725.00 59,900 SH SHARED 59,900
HUMANA INCORPORATED COMMON STOCK 444859102 590812.50 34,250 SH SHARED 34,250
HUNT CORPORATION COMMON STOCK 445591100 296250.00 30,000 SH SHARED 30,000
HUNTINGTON BANCSHARES COMMON STOCK 446150104 518821.88 16,770 SH SHARED 16,770
HUTCHINSON TECH COMMON STOCK 448407106 1808412.50 72,700 SH SHARED 72,700
HYPERION SOLUTIONS CORP COMMON STOCK 44914M104 516200.00 35,600 SH SHARED 35,600
IMCO RECYCLING INC COMMON STOCK 449681105 446762.50 34,700 SH SHARED 34,700
IMS HEALTH INC. COMMON STOCK 449934108 852306.25 25,130 SH SHARED 25,130
ITC DELTACOM, INC. COMMON STOCK 45031T104 109062.50 5,000 SH SHARED 5,000
ITT INDUSTRIES INC COMMON STOCK 450911102 293612.50 8,300 SH SHARED 8,300
IDEX CORP. COMMON STOCK 45167R104 1470889.06 62,425 SH SHARED 62,425
IDEXX LABORATORIES COMMON STOCK 45168D104 2934737.50 122,600 SH SHARED 122,600
IKON OFFICE SOLUTIONS COMMON STOCK 451713101 141501.25 11,044 SH SHARED 11,044
ILLINOIS TOOL WORKS COMMON STOCK 452308109 2586375.00 41,400 SH SHARED 41,400
IMATION CORP COMMON STOCK 45245A107 905850.00 54,900 SH SHARED 54,900
IMPERIAL BANCORP COMMON STOCK 452556103 2452300.00 143,200 SH SHARED 143,200
INACOM CORPORATION COMMON STOCK 45323G109 1005082.00 129,688 SH SHARED 129,688
INCO LIMITED COMMON STOCK 453258402 179718.75 13,500 SH SHARED 13,500
INDEPENDENT BANK CORP MA COMMON STOCK 453836108 714487.50 52,200 SH SHARED 52,200
INDIANA ENERGY INC COMMON STOCK 454707100 1012512.38 53,466 SH SHARED 53,466
INFOSEEK CORP. COMMON STOCK 45678M107 1850000.00 25,000 SH SHARED 25,000
INGERSOLL RAND CO COMMON STOCK 456866102 1585518.75 31,750 SH SHARED 31,750
INNOVEX INC COMMON STOCK 457647105 715562.50 53,500 SH SHARED 53,500
INSIGHT ENTERPRISES INC COMMON STOCK 45765U103 1150875.00 46,500 SH SHARED 46,500
INTEGRATED CIRCUIT SYSTEMCOMMON STOCK 45811K109 724306.25 40,100 SH SHARED 40,100
INTEG HEALTH SERVICES COMMON STOCK 45812C106 440550.00 80,100 SH SHARED 80,100
INTEGR PROC EQUIPMENT COMMON STOCK 45812K108 553500.00 61,500 SH SHARED 61,500
INTEL CORPORATION COMMON STOCK 458140100 32985712.50 274,300 SH SHARED 274,300
INTERIM SVCS COMMON STOCK 45868P100 1980000.00 132,000 SH SHARED 132,000
I B M COMMON STOCK 459200101 29919800.00 167,400 SH SHARED 167,400
INTL FLAVORS & FRAGRANCE COMMON STOCK 459506101 319281.25 8,500 SH SHARED 8,500
INTERNATIONAL MULTI-FOODSCOMMON STOCK 460043102 1179612.50 50,600 SH SHARED 50,600
INTERNATIONAL PAPER COMMON STOCK 460146103 2139918.75 50,224 SH SHARED 50,224
INTL RECTIFIER CORP. COMMON STOCK 460254105 1326500.00 189,500 SH SHARED 189,500
INTERPOOL, INC. COMMON STOCK 46062R108 584550.00 43,300 SH SHARED 43,300
INTERPUBLIC GROUP COS INCCOMMON STOCK 460690100 2032537.50 25,800 SH SHARED 25,800
INTERSTATE/JOHNSON LANE, COMMON STOCK 460892102 688875.00 22,000 SH SHARED 22,000
INTERVOICE COMMON STOCK 461142101 1322200.00 120,200 SH SHARED 120,200
IONICS INC COMMON STOCK 462218108 623587.50 20,700 SH SHARED 20,700
IRWIN FINANCIAL CORP COMMON STOCK 464119106 1625062.50 81,000 SH SHARED 81,000
IT GROUP INC. COMMON STOCK 465266104 579375.00 20,000 SH SHARED 20,000
JLG INDUSTRIES INC COMMON STOCK 466210101 1260312.50 92,500 SH SHARED 92,500
JACOBS ENGINEERING GROUP COMMON STOCK 469814107 1581443.75 40,100 SH SHARED 40,100
JEFFERIES GRP COMMON STOCK 472318104 3406012.50 71,800 SH SHARED 71,800
JEFFERSON PILOT CORP COMMON STOCK 475070108 570793.75 8,325 SH SHARED 8,325
JO-ANN STORES INC. CL A COMMON STOCK 47758P109 752125.00 54,700 SH SHARED 54,700
JOHNSON & JOHNSON COMMON STOCK 478160104 21756111.25 230,120 SH SHARED 230,120
JOHNSON CONTROLS INC COMMON STOCK 478366107 1833825.00 29,400 SH SHARED 29,400
JONES PHARMA INC COMMON STOCK 480236108 1042500.00 30,000 SH SHARED 30,000
JOSTENS INC. COMMON STOCK 481088102 2305518.75 108,495 SH SHARED 108,495
JOURNAL REGISTER CO COMMON STOCK 481138105 432000.00 36,000 SH SHARED 36,000
KCS ENERGY, INC. COMMON STOCK 482434206 74681.25 56,900 SH SHARED 56,900
KLA-TENCOR CORPORATION COMMON STOCK 482480100 339937.50 7,000 SH SHARED 7,000
K MART CORPORATION COMMON STOCK 482584109 1378625.00 81,500 SH SHARED 81,500
K2, INC. COMMON STOCK 482732104 334923.75 42,530 SH SHARED 42,530
KAISER ALUMINUM CORP COMMON STOCK 483007100 651956.25 119,900 SH SHARED 119,900
KANEB SERVICES, INC. COMMON STOCK 484170105 231156.25 56,900 SH SHARED 56,900
KAUFMAN BROAD HOME CORP COMMON STOCK 486168107 1512590.00 67,040 SH SHARED 67,040
KELLOGG CO COMMON STOCK 487836108 2349968.75 68,800 SH SHARED 68,800
KELLWOOD CO. COMMON STOCK 488044108 1271903.13 57,650 SH SHARED 57,650
KENT ELECTRONICS CORP COMMON STOCK 490553104 1023562.50 103,000 SH SHARED 103,000
KERR MCGEE CORP COMMON STOCK 492386107 232082.81 6,773 SH SHARED 6,773
KEYCORP COMMON STOCK 493267108 2913031.25 95,300 SH SHARED 95,300
KIMBERLY CLARK COMMON STOCK 494368103 4570361.25 94,440 SH SHARED 94,440
KING WORLD PRODTNS INC COMMON STOCK 495667107 180318.75 5,600 SH SHARED 5,600
KNIGHT-RIDDER INC COMMON STOCK 499040103 1007500.00 20,150 SH SHARED 20,150
KOHLS CORP. COMMON STOCK 500255104 893025.00 12,500 SH SHARED 12,500
KOLLMORGEN CORP. COMMON STOCK 500440102 250000.00 20,000 SH SHARED 20,000
KOPIN CORPORATION COMMON STOCK 500600101 559406.25 40,500 SH SHARED 40,500
KROGER CO COMMON STOCK 501044101 1233425.00 20,200 SH SHARED 20,200
KULICKE & SOFFA INDS COMMON STOCK 501242101 2020000.00 80,000 SH SHARED 80,000
LSI LOGIC COMMON STOCK 502161102 358656.25 11,100 SH SHARED 11,100
LA-Z-BOY INC COMMON STOCK 505336107 2836700.00 149,300 SH SHARED 149,300
LACLEDE GAS CO. COMMON STOCK 505588103 636500.00 30,400 SH SHARED 30,400
LAIDLAW INC. COMMON STOCK 50730K503 152868.75 26,300 SH SHARED 26,300
LAM RESEARCH CORP COMMON STOCK 512807108 899000.00 31,000 SH SHARED 31,000
LAWTER INTERNATIONAL COMMON STOCK 520786104 560000.00 80,000 SH SHARED 80,000
LEHMAN BROTHERS HOLDING COMMON STOCK 524908100 549700.00 9,000 SH SHARED 9,000
LIBBEY, INC. COMMON STOCK 529898108 1122200.00 36,200 SH SHARED 36,200
LIFE USA HOLDING COMMON STOCK 531918209 796218.75 74,500 SH SHARED 74,500
LIGAND PHARMACEUTICALS COMMON STOCK 53220K207 869512.50 106,200 SH SHARED 106,200
ELI LILLY AND COMPANY COMMON STOCK 532457108 15752800.00 183,900 SH SHARED 183,900
LILLY INDUSTRIES, INC., CCOMMON STOCK 532491107 818187.50 53,000 SH SHARED 53,000
LIMITED INCORPORATED COMMON STOCK 532716107 2309265.75 57,878 SH SHARED 57,878
LINCOLN NATL CORP COMMON STOCK 534187109 800887.50 8,000 SH SHARED 8,000
LINENS 'N THINGS INC COMMON STOCK 535679104 2005575.00 44,200 SH SHARED 44,200
LITTELFUSE INC COMMON STOCK 537008104 1343212.50 62,500 SH SHARED 62,500
LIZ CLAIBORNE COMMON STOCK 539320101 166387.50 5,100 SH SHARED 5,100
LOCKHEED MARTIN CORP COMMON STOCK 539830109 2784654.00 73,288 SH SHARED 73,288
LOEWS CORPORATION COMMON STOCK 540424108 679087.50 9,000 SH SHARED 9,000
LONE STAR INDUSTRIES COMMON STOCK 542290408 1097400.00 35,400 SH SHARED 35,400
LONE STAR TECHNOLOGIES COMMON STOCK 542312103 491250.00 39,300 SH SHARED 39,300
LONGS DRUG STORES INC COMMON STOCK 543162101 97400.00 3,200 SH SHARED 3,200
LONGVIEW FIBRE CO COMMON STOCK 543213102 1279968.75 110,700 SH SHARED 110,700
LOUIS DREYFUS NATURAL GASCOMMON STOCK 546011107 785900.00 54,200 SH SHARED 54,200
LOUISIANA PACIFIC CORP COMMON STOCK 546347105 165762.50 8,900 SH SHARED 8,900
LOWE'S COMPANIES COMMON STOCK 548661107 3696550.00 60,600 SH SHARED 60,600
LUBY'S CAFE INCORP COMMON STOCK 549282101 1176187.50 69,700 SH SHARED 69,700
LUCENT TECH. CORP. COMMON STOCK 549463107 26802812.50 247,150 SH SHARED 247,150
LYDALL, INC. COMMON STOCK 550819106 340812.50 41,000 SH SHARED 41,000
MAF BANKCORP INC COMMON STOCK 55261R108 2730075.00 122,700 SH SHARED 122,700
MBIA INC. COMMON STOCK 55262C100 1171600.00 20,200 SH SHARED 20,200
MBNA CORP COMMON STOCK 55262L100 1538266.25 63,130 SH SHARED 63,130
MDC HOLDINGS, INC. COMMON STOCK 552676108 357937.50 24,900 SH SHARED 24,900
MCI WORLDCOM INC. COMMON STOCK 55268B106 26763498.94 299,499 SH SHARED 299,499
MEMC ELECTRONIC MATERIALSCOMMON STOCK 552715104 845350.00 153,700 SH SHARED 153,700
MGIC INVT CORP COMMON STOCK 552848103 305043.75 8,700 SH SHARED 8,700
M/I SCHOTTENSTEIN HOMES, COMMON STOCK 55305B101 401150.00 22,600 SH SHARED 22,600
MMI COS., INC. COMMON STOCK 553087107 641137.50 41,700 SH SHARED 41,700
MACNEAL-SCHWENDLER COMMON STOCK 554806109 301800.00 50,300 SH SHARED 50,300
MAGELLAN HEALTH SERVICES COMMON STOCK 559079108 388600.00 92,800 SH SHARED 92,800
MAGNETEK, INC. COMMON STOCK 559424106 732812.50 87,500 SH SHARED 87,500
MAIL-WELL INC COMMON STOCK 560321200 984400.00 73,600 SH SHARED 73,600
MALLINCKRODT INC. COMMON STOCK 561232109 151762.50 5,700 SH SHARED 5,700
MANITOWOC CO., INC. COMMON STOCK 563571108 977781.25 23,350 SH SHARED 23,350
MARCUS CORP. COMMON STOCK 566330106 653400.00 54,450 SH SHARED 54,450
MARINER POST-ACUTE COMMON STOCK 568459101 500482.50 228,792 SH SHARED 228,792
MARSH & MCLENNAN CO., INCCOMMON STOCK 571748102 4017253.13 53,850 SH SHARED 53,850
MARRIOTT INTL, CL-A COMMON STOCK 571903202 2071300.00 60,600 SH SHARED 60,600
MARSHALL INDUSTRIES COMMON STOCK 572393106 834300.00 61,800 SH SHARED 61,800
MASCO CORP COMMON STOCK 574599106 2437975.00 86,000 SH SHARED 86,000
MASCOTECH INC COMMON STOCK 574670105 711450.00 45,900 SH SHARED 45,900
MASTEC INC. COMMON STOCK 576323109 982100.00 42,700 SH SHARED 42,700
MATERIAL SCIENCES CORP COMMON STOCK 576674105 282412.50 44,300 SH SHARED 44,300
MATTEL COMMON STOCK 577081102 1185219.13 47,347 SH SHARED 47,347
MAXIM GROUP INC COMMON STOCK 57772J104 287300.00 33,800 SH SHARED 33,800
MAY DEPARTMENT STORES COMMON STOCK 577778103 2429662.50 61,500 SH SHARED 61,500
MAXXIM MEDICAL, INC. COMMON STOCK 57777G105 519062.50 27,500 SH SHARED 27,500
MAXIMUS INC COMMON STOCK 577933104 859187.50 29,500 SH SHARED 29,500
MAYTAG COMMON STOCK 578592107 1919925.00 31,800 SH SHARED 31,800
MCDERMOTT INTERNATL INC COMMON STOCK 580037109 121500.00 4,800 SH SHARED 4,800
MC DONALDS COMMON STOCK 580135101 10847812.50 237,400 SH SHARED 237,400
MCGRAW HILL COMMON STOCK 580645109 2714100.00 49,500 SH SHARED 49,500
MCKESSON HBCO INC. COMMON STOCK 58155Q103 2826582.00 41,727 SH SHARED 41,727
MCWHORTER TECHNOLOGIES, ICOMMON STOCK 582803102 327000.00 24,000 SH SHARED 24,000
MEAD CORP COMMON STOCK 582834107 1162350.00 37,800 SH SHARED 37,800
MEDIA ONE GROUP COMMON STOCK 58440J104 6718300.00 104,800 SH SHARED 104,800
MEDICIS PHARMACEUTICALS COMMON STOCK 584690309 2038500.00 67,950 SH SHARED 67,950
MEDTRONIC INCORPORATED COMMON STOCK 585055106 3365075.00 46,000 SH SHARED 46,000
MELLON BANK CORP COMMON STOCK 585509102 3546900.00 50,000 SH SHARED 50,000
MERCANTILE BANCORPORATIONCOMMON STOCK 587342106 598500.00 12,400 SH SHARED 12,400
MERCK & COMPANY, INC COMMON STOCK 589331107 32860837.50 406,000 SH SHARED 406,000
MEREDITH CORP COMMON STOCK 589433101 135181.25 4,300 SH SHARED 4,300
MERIDIAN GOLD COMMON STOCK 589975101 352500.00 60,000 SH SHARED 60,000
MERRILL LYNCH COMMON STOCK 590188108 5766125.00 64,600 SH SHARED 64,600
METAMOR WORLDWIDE INC. COMMON STOCK 59133P100 399000.00 28,500 SH SHARED 28,500
FRED MEYER INC. COMMON STOCK 592907109 724162.50 12,300 SH SHARED 12,300
MICROS SYSTEMS COMMON STOCK 594901100 1943700.00 58,900 SH SHARED 58,900
MICROSOFT COMMON STOCK 594918104 77328450.00 855,500 SH SHARED 855,500
MICRON TECHNOLOGY INC COMMON STOCK 595112103 1852800.00 38,000 SH SHARED 38,000
MID-ATLANTIC MEDICAL COMMON STOCK 59523C107 1498000.00 149,800 SH SHARED 149,800
MIDWEST EXPRESS HOLDINGS COMMON STOCK 597911106 330468.75 11,250 SH SHARED 11,250
MIDWAY GAMES, INC COMMON STOCK 598148104 803593.75 92,500 SH SHARED 92,500
MILACRON INC. COMMON STOCK 598709103 770175.00 48,900 SH SHARED 48,900
MILLENNIUM PHARMACEUTICALCOMMON STOCK 599902103 2918750.00 93,400 SH SHARED 93,400
MILLIPORE CORP COMMON STOCK 601073109 86850.00 3,600 SH SHARED 3,600
MINN. MINING & MANUFCTRNGCOMMON STOCK 604059105 4740250.00 66,500 SH SHARED 66,500
MIRAGE RESORTS COMMON STOCK 60462E104 310250.00 14,200 SH SHARED 14,200
MISSISSIPPI CHEMICAL CORPCOMMON STOCK 605288208 558150.00 59,536 SH SHARED 59,536
MOBIL CORPORATION COMMON STOCK 607059102 11932800.00 134,400 SH SHARED 134,400
MONSANTO COMMON STOCK 611662107 2310656.25 49,300 SH SHARED 49,300
CAN MOORE CORPORATION LTDCOMMON STOCK 615785102 71100.00 7,200 SH SHARED 7,200
J.P. MORGAN & CO., INC. COMMON STOCK 616880100 3688912.50 29,700 SH SHARED 29,700
MORGAN KEEGAN, INC. COMMON STOCK 617410105 1875289.06 113,225 SH SHARED 113,225
M.STANLEY DEAN WITTER COMMON STOCK 617446448 11154624.00 110,716 SH SHARED 110,716
MORRISON HEALTH CARE INC COMMON STOCK 61841L108 123337.50 6,900 SH SHARED 6,900
MORRISON KNUDSEN COMMON STOCK 61844A109 836737.50 84,200 SH SHARED 84,200
MORTON INTL INC COMMON STOCK 619335102 356475.00 9,500 SH SHARED 9,500
MORTON'S RESTAURANT GROUPCOMMON STOCK 619429103 294500.00 19,000 SH SHARED 19,000
MOTIVEPOWER INDUSTRIES COMMON STOCK 61980K101 846712.50 33,700 SH SHARED 33,700
MOTOROLA,INC. COMMON STOCK 620076109 7947625.00 107,600 SH SHARED 107,600
MUELLER INDUSTRIES INC COMMON STOCK 624756102 1738537.50 77,700 SH SHARED 77,700
MUSICLAND STORES CORP. COMMON STOCK 62758B109 709406.25 80,500 SH SHARED 80,500
MYLEX CORP COMMON STOCK 628546103 510900.00 78,600 SH SHARED 78,600
NAC RE CORP COMMON STOCK 628907107 1073750.00 20,000 SH SHARED 20,000
NS GROUP, INC. COMMON STOCK 628916108 238075.00 42,800 SH SHARED 42,800
NL INDUSTRIES COMMON STOCK 629156407 764100.00 84,900 SH SHARED 84,900
NUI CORP. COMMON STOCK 629430109 431250.00 20,000 SH SHARED 20,000
NACCO INDUSTRIES INC COMMON STOCK 629579103 1162781.25 15,600 SH SHARED 15,600
NALCO CHEMICAL CO COMMON STOCK 629853102 831406.25 31,300 SH SHARED 31,300
NATIONAL CITY CORP COMMON STOCK 635405103 3683812.50 54,600 SH SHARED 54,600
NATIONAL DISCOUNT BROKERSCOMMON STOCK 635646102 984375.00 35,000 SH SHARED 35,000
NATIONAL PROCESSING INC. COMMON STOCK 637229105 645300.00 143,400 SH SHARED 143,400
NAT'L SEMICONDUCTOR CORP COMMON STOCK 637640103 123856.25 13,300 SH SHARED 13,300
NATIONAL SVC INDUSTRIES COMMON STOCK 637657107 115812.50 3,200 SH SHARED 3,200
NATIONAL STEEL CORP - B COMMON STOCK 637844309 517275.00 62,700 SH SHARED 62,700
NAVISTAR INTERNATIONAL COMMON STOCK 63934E108 217816.25 5,220 SH SHARED 5,220
NELSON (THOMAS), INC. COMMON STOCK 640376109 285000.00 20,000 SH SHARED 20,000
NETWORK EQUIP TECH COMMON STOCK 641208103 702487.50 78,600 SH SHARED 78,600
NEW CENTURY ENERGIES COMMON STOCK 64352U103 313375.00 9,000 SH SHARED 9,000
NEW ENGLAND BUSINESS SERVCOMMON STOCK 643872104 969637.50 33,800 SH SHARED 33,800
NEW JERSEY RESOURCES CORPCOMMON STOCK 646025106 1217650.00 34,300 SH SHARED 34,300
NEW YORK TIMES CO COMMON STOCK 650111107 974700.00 34,200 SH SHARED 34,200
NEWFIELD EXPLORATION CO. COMMON STOCK 651290108 1721762.50 76,100 SH SHARED 76,100
NEWMONT MINING CORP COMMON STOCK 651639106 233012.50 13,315 SH SHARED 13,315
NEWPORT NEWS SHIPBUILDINGCOMMON STOCK 652228107 1736475.00 54,800 SH SHARED 54,800
NEXTEL COMMUNICATIONS COMMON STOCK 65332V103 838712.50 22,600 SH SHARED 22,600
NICOR, INC. COMMON STOCK 654086107 140156.25 3,900 SH SHARED 3,900
NIKE, INC., CLASS B COMMON STOCK 654106103 1326812.50 22,300 SH SHARED 22,300
99 CENTS ONLY STORES COMMON STOCK 65440K106 2243882.81 52,875 SH SHARED 52,875
NORDSTROM INC COMMON STOCK 655664100 486412.50 11,200 SH SHARED 11,200
NORFOLK SOUTHERN CORP COMMON STOCK 655844108 1666900.00 62,600 SH SHARED 62,600
NORRELL CORP COMMON STOCK 656301108 646593.75 49,500 SH SHARED 49,500
NORTEK, INC. COMMON STOCK 656559101 688050.00 27,800 SH SHARED 27,800
NORTH CAROLINA NATURAL GACOMMON STOCK 658221106 356906.25 11,750 SH SHARED 11,750
NORTHERN BORDER PARTNERS COMMON STOCK 664785102 1680937.50 40,000 SH SHARED 40,000
NORTHERN STATES POWER CO COMMON STOCK 665772109 1166331.25 50,000 SH SHARED 50,000
NORTHERN TELECOM LTD ADR COMMON STOCK 665815106 6791815.63 109,325 SH SHARED 109,325
NORTHERN TRUST CORP COMMON STOCK 665859104 2584443.75 28,900 SH SHARED 28,900
NORTHROP GRUMMAN CORP COMMON STOCK 666807102 329312.50 5,500 SH SHARED 5,500
NORTHWESTERN CORP. COMMON STOCK 668074107 850750.00 32,800 SH SHARED 32,800
NOVA CORP/GEORGIA COMMON STOCK 669784100 1685250.00 64,200 SH SHARED 64,200
NOVA CARE COMMON STOCK 669930109 343175.00 196,100 SH SHARED 196,100
NOVELL INC. COMMON STOCK 670006105 707768.75 26,600 SH SHARED 26,600
NUCOR CORP COMMON STOCK 670346105 1035468.75 23,500 SH SHARED 23,500
NUEVO ENERGY COMMON STOCK 670509108 565650.00 41,900 SH SHARED 41,900
OEA, INC. COMMON STOCK 670826106 577500.00 55,000 SH SHARED 55,000
OEC MEDICAL SYSTEMS, INC.COMMON STOCK 670828102 989000.00 43,000 SH SHARED 43,000
OM GROUP INC COMMON STOCK 670872100 1560900.00 47,300 SH SHARED 47,300
OAK INDUSTRIES, INC. COMMON STOCK 671400505 1809750.00 57,000 SH SHARED 57,000
OAKLEY INC COMMON STOCK 673662102 700687.50 101,000 SH SHARED 101,000
OCCIDENTAL PETROLEUM COMMON STOCK 674599105 496800.00 27,200 SH SHARED 27,200
OCEANEERING INTERNATIONALCOMMON STOCK 675232102 750200.00 49,600 SH SHARED 49,600
OCULAR SCIENCES INC COMMON STOCK 675744106 1887637.50 65,800 SH SHARED 65,800
OMNICOM GROUP COMMON STOCK 681919106 1087150.00 13,300 SH SHARED 13,300
ONEIDA, LTD. COMMON STOCK 682505102 739500.00 43,500 SH SHARED 43,500
ONEOK INC. COMMON STOCK 682680103 64350.00 2,600 SH SHARED 2,600
ORACLE CORPORATION COMMON STOCK 68389X105 4710891.50 174,912 SH SHARED 174,912
ORANGE & ROCKLAND UTILITICOMMON STOCK 684065105 1487631.25 25,900 SH SHARED 25,900
OREGON STEEL MILLS INC COMMON STOCK 686079104 565712.50 54,200 SH SHARED 54,200
ORTHODONTIC CENTERS COMMON STOCK 68750P103 1858500.00 118,000 SH SHARED 118,000
O'SULLIVAN INDUSTRIES, INCOMMON STOCK 688609106 658856.25 47,700 SH SHARED 47,700
OVERSEAS SHIPHOLDING GRP COMMON STOCK 690368105 884975.00 77,800 SH SHARED 77,800
OWENS & MINOR, INC. COMMON STOCK 690732102 1046925.00 103,400 SH SHARED 103,400
OWENS CORNING COMMON STOCK 69073F103 139975.00 4,400 SH SHARED 4,400
OWENS-ILLINOIS COMMON STOCK 690768403 797500.00 31,900 SH SHARED 31,900
OXFORD INDUSTRIES INC COMMON STOCK 691497309 511875.00 21,000 SH SHARED 21,000
PECO ENERGY CORP COMMON STOCK 693304107 2155250.00 46,300 SH SHARED 46,300
PG & E CORP COMMON STOCK 69331C108 947406.25 30,100 SH SHARED 30,100
PMC - SIERRA INC. COMMON STOCK 69344F106 1423750.00 20,000 SH SHARED 20,000
PNC BANK CORP. COMMON STOCK 693475105 3578225.00 63,900 SH SHARED 63,900
PP&L RESOURCES COMMON STOCK 693499105 299475.00 12,100 SH SHARED 12,100
PPG INDUSTRIES INC COMMON STOCK 693506107 2521500.00 49,000 SH SHARED 49,000
PRI AUTOMATION COMMON STOCK 69357H106 1167600.00 55,600 SH SHARED 55,600
PXRE CORP COMMON STOCK 693674103 666000.00 37,000 SH SHARED 37,000
PACCAR INCORPORATED COMMON STOCK 693718108 261540.63 6,150 SH SHARED 6,150
PACIFIC GATEWAY EXCHANGE COMMON STOCK 694327107 879468.75 26,500 SH SHARED 26,500
PACIFICORP COMMON STOCK 695114108 408825.00 23,700 SH SHARED 23,700
PALL CORP COMMON STOCK 696429307 163952.19 9,899 SH SHARED 9,899
PARACELSUS HEALTH COMMON STOCK 698891108 243650.00 177,200 SH SHARED 177,200
PARAMETRIC TECHNOLOGY COMMON STOCK 699173100 429088.50 21,026 SH SHARED 21,026
PARK ELECTROCHEMICAL CORPCOMMON STOCK 700416209 705000.00 30,000 SH SHARED 30,000
PARKER DRILLING CO. COMMON STOCK 701081101 537225.00 150,800 SH SHARED 150,800
PARKER-HANNIFIN CORP COMMON STOCK 701094104 298831.25 8,525 SH SHARED 8,525
PAXAR CORP. COMMON STOCK 704227107 621522.13 83,566 SH SHARED 83,566
PAYCHEX COMMON STOCK 704326107 616687.50 13,000 SH SHARED 13,000
PAYMENTECH INC COMMON STOCK 704384106 1181250.00 50,000 SH SHARED 50,000
PEDIATRIX MED COMMON STOCK 705324101 1364062.50 48,500 SH SHARED 48,500
PEGASYSTEMS INC COMMON STOCK 705573103 502425.00 95,700 SH SHARED 95,700
PENN-AMERICA GROUP INC COMMON STOCK 707247102 172700.00 15,700 SH SHARED 15,700
PENN TREATY AMER CORP COMMON STOCK 707874103 471437.50 19,000 SH SHARED 19,000
J.C. PENNEY, INC. COMMON STOCK 708160106 1994625.00 49,250 SH SHARED 49,250
PEOPLES ENERGY CORP COMMON STOCK 711030106 93706.25 2,900 SH SHARED 2,900
PEOPLESOFT COMMON STOCK 712713106 273487.50 18,700 SH SHARED 18,700
PEP BOYS COMMON STOCK 713278109 64050.00 4,200 SH SHARED 4,200
PEPSICO INCORPORATED COMMON STOCK 713448108 9628368.75 243,400 SH SHARED 243,400
PERKIN ELMER CORP. COMMON STOCK 714041100 388250.00 3,900 SH SHARED 3,900
PERSONNEL GROUP OF AMER COMMON STOCK 715338109 431250.00 60,000 SH SHARED 60,000
PHARMACIA & UPJOHN, INC. COMMON STOCK 716941109 5359883.75 85,130 SH SHARED 85,130
PFIZER COMMON STOCK 717081103 30303000.00 216,300 SH SHARED 216,300
PHELPS DODGE CORP COMMON STOCK 717265102 226550.00 4,600 SH SHARED 4,600
PHILADELPHIA CONS COMMON STOCK 717528103 879462.50 43,700 SH SHARED 43,700
PHILADELPHIA SUBURBAN CORCOMMON STOCK 718009608 821287.50 36,200 SH SHARED 36,200
PHILIP MORRIS, INC. COMMON STOCK 718154107 15707700.00 442,500 SH SHARED 442,500
PHILLIPS PETROLEUM CO COMMON STOCK 718507106 2575125.00 54,100 SH SHARED 54,100
PHILLIPS VAN HEUSEN COMMON STOCK 718592108 526556.25 75,900 SH SHARED 75,900
PHOENIX INVESTMENT COMMON STOCK 719085102 1361887.50 157,900 SH SHARED 157,900
PHOTRONICS INC. COMMON STOCK 719405102 1642725.00 88,200 SH SHARED 88,200
PILGRIM'S PRIDE CORP. COMMON STOCK 721467108 1273906.25 77,500 SH SHARED 77,500
PILLOWTEX CORP. COMMON STOCK 721501104 482559.44 24,000 SH SHARED 24,000
PIONEER HI BRED COMMON STOCK 723686101 722400.00 18,900 SH SHARED 18,900
PITNEY BOWES INC. COMMON STOCK 724479100 3914250.00 61,000 SH SHARED 61,000
PITTSTON BURLNG COMMON STOCK 725701882 408618.75 58,900 SH SHARED 58,900
PLACER DOME INC COMMON STOCK 725906101 227106.25 19,700 SH SHARED 19,700
PLANTRONICS INC COMMON STOCK 727493108 3678675.00 58,800 SH SHARED 58,800
PLATINUM SOFTWARE COMMON STOCK 72764R105 609912.50 82,700 SH SHARED 82,700
PLAYBOY ENTERPRISES, INC.COMMON STOCK 728117300 924750.00 41,100 SH SHARED 41,100
PLAYTEX PRODUCTS, INC. COMMON STOCK 72813P100 1940537.50 105,000 SH SHARED 105,000
PLEXUS CORP COMMON STOCK 729132100 1516400.00 50,000 SH SHARED 50,000
POLARIS INDUSTRIES INC COMMON STOCK 731068102 1746250.00 55,000 SH SHARED 55,000
POLAROID CORP COMMON STOCK 731095105 72004.31 3,589 SH SHARED 3,589
POLYMER GROUP COMMON STOCK 731745105 692825.00 74,900 SH SHARED 74,900
POTLATCH CORP COMMON STOCK 737628107 81450.00 2,400 SH SHARED 2,400
PREMIER BANCSHARES INC COMMON STOCK 739909109 1542475.00 78,100 SH SHARED 78,100
PRAXAIR INC COMMON STOCK 74005P104 454387.50 12,400 SH SHARED 12,400
PREMIERE TECHNOLOGIES COMMON STOCK 74058F102 853125.00 75,000 SH SHARED 75,000
PRIMARK CORP. COMMON STOCK 741903108 1612875.00 70,000 SH SHARED 70,000
PRIME HOSPITALITY CORP. COMMON STOCK 741917108 1267031.25 127,500 SH SHARED 127,500
PRINTRONIX INC COMMON STOCK 742578107 342650.00 30,800 SH SHARED 30,800
PRIORITY HEALTHCARE CORP.COMMON STOCK 74264T102 954096.25 21,085 SH SHARED 21,085
PROCTER & GAMBLE CO. COMMON STOCK 742718109 22760675.00 230,400 SH SHARED 230,400
PROGRESS SOFTWARE COMMON STOCK 743312100 436800.00 12,800 SH SHARED 12,800
PROGRESSIVE CORP COMMON STOCK 743315103 832300.00 5,700 SH SHARED 5,700
PROJECT SOFTWARE COMMON STOCK 74339P101 896700.00 36,600 SH SHARED 36,600
PROVIDENT COMPANIES COMMON STOCK 743862104 373275.00 10,800 SH SHARED 10,800
PROVIDIAN FINANCIAL COMMON STOCK 74406A102 1248500.00 11,150 SH SHARED 11,150
PSINET INC COMMON STOCK 74437C101 6333300.00 148,800 SH SHARED 148,800
PUB SERVICE NEW MEXICO COMMON STOCK 744499104 1201900.00 70,700 SH SHARED 70,700
PUBLIC SERVICE CO. OF NORCOMMON STOCK 744516105 1103787.50 38,900 SH SHARED 38,900
PUBLIC SERVICE ENT COMMON STOCK 744573106 2165231.25 56,100 SH SHARED 56,100
PULTE CORP COMMON STOCK 745867101 809606.25 38,900 SH SHARED 38,900
QLOGIC COMMON STOCK 747277101 1342500.00 20,000 SH SHARED 20,000
QUAKER OATS CO COMMON STOCK 747402105 1908156.25 30,300 SH SHARED 30,300
QUANEX CORP COMMON STOCK 747620102 494450.00 31,900 SH SHARED 31,900
QUEST DIAGNOSTICS INC. COMMON STOCK 74834L100 2129325.00 95,700 SH SHARED 95,700
RLI CORP. COMMON STOCK 749607107 485550.00 16,600 SH SHARED 16,600
RJR NABISCO HOLDINGS CORPCOMMON STOCK 74960K876 647500.00 25,600 SH SHARED 25,600
RPC ENERGY SERVICES, INC.COMMON STOCK 749660106 319943.75 49,700 SH SHARED 49,700
RTI INTERNATIONAL COMMON STOCK 74973W107 318750.00 34,000 SH SHARED 34,000
RADISYS CORP. COMMON STOCK 750459109 894600.00 28,800 SH SHARED 28,800
RAINBOW TECH. INC. COMMON STOCK 750862104 426500.00 42,650 SH SHARED 42,650
RALCORP HOLDINGS INC COMMON STOCK 751028101 1580800.00 83,200 SH SHARED 83,200
RALSTON PURINA COMMON STOCK 751277302 1466211.25 54,940 SH SHARED 54,940
RANGE RESOURCES CORP COMMON STOCK 75281A109 92050.00 26,300 SH SHARED 26,300
RAYCHEM CORP COMMON STOCK 754603108 142143.75 6,300 SH SHARED 6,300
RAYTHEON CO-CLASS B COMMON STOCK 755111408 3341625.00 56,400 SH SHARED 56,400
RECOTON COMMON STOCK 756268108 462000.00 33,000 SH SHARED 33,000
RED ROOF INNS INC. COMMON STOCK 757005103 1258425.00 79,900 SH SHARED 79,900
REEBOK INTERNATIONAL LTD COMMON STOCK 758110100 1501775.00 94,600 SH SHARED 94,600
REGIONS FINANCIAL CORP COMMON STOCK 758940100 616325.00 17,400 SH SHARED 17,400
RELIANCE STEEL & ALUMINUMCOMMON STOCK 759509102 937846.88 32,550 SH SHARED 32,550
RELIANT ENERGY INC. COMMON STOCK 75952J108 1901103.00 72,644 SH SHARED 72,644
RENTAL SERVICE CORP. COMMON STOCK 76009V102 934500.00 53,400 SH SHARED 53,400
REPUBLIC BANCORP COMMON STOCK 760282103 1105000.00 85,000 SH SHARED 85,000
REPUBLIC GROUP CO. COMMON STOCK 760473108 508510.00 33,760 SH SHARED 33,760
REPUBLIC N Y CORP COMMON STOCK 760719104 392062.50 8,500 SH SHARED 8,500
REPUBLIC SECURITY FINL COMMON STOCK 760758102 846375.00 91,500 SH SHARED 91,500
RESPIRONICS INC. COMMON STOCK 761230101 841362.50 63,800 SH SHARED 63,800
REYNOLDS METALS CO COMMON STOCK 761763101 1386568.75 28,700 SH SHARED 28,700
RITE AID CORP COMMON STOCK 767754104 520000.00 20,400 SH SHARED 20,400
ROCK-TENN COMPANY COMMON STOCK 772739207 584250.00 38,000 SH SHARED 38,000
ROCKWELL COMMON STOCK 773903109 1871493.75 43,600 SH SHARED 43,600
ROHM & HAAS CO. COMMON STOCK 775371107 446381.25 13,300 SH SHARED 13,300
ROLLINS INC. COMMON STOCK 775711104 882656.25 52,500 SH SHARED 52,500
ROLLINS TRUCK LEASING CORCOMMON STOCK 775741101 1384009.38 146,650 SH SHARED 146,650
ROPER INDUSTRIES, INC COMMON STOCK 776696106 2351687.50 98,500 SH SHARED 98,500
ROSLYN BANCORP INC COMMON STOCK 778162107 2092500.00 124,000 SH SHARED 124,000
ROUGE INDUSTRIES INC. COMMON STOCK 779088103 439250.00 50,200 SH SHARED 50,200
ROWAN COS. INC. COMMON STOCK 779382100 87543.75 6,900 SH SHARED 6,900
ROYAL APPLIANCE MFG CO COMMON STOCK 780076105 238125.00 20,000 SH SHARED 20,000
ROYAL DUTCH PETRO-NY SHRSCOMMON STOCK 780257804 18423600.00 350,900 SH SHARED 350,900
RUBY TUESDAY, INC. COMMON STOCK 781182100 1179762.50 67,900 SH SHARED 67,900
RUDDICK CORP. COMMON STOCK 781258108 2158650.00 110,700 SH SHARED 110,700
RUSS BERRIE & CO., INC. COMMON STOCK 782233100 953562.50 36,500 SH SHARED 36,500
RUSSELL CORP. COMMON STOCK 782352108 58362.50 2,900 SH SHARED 2,900
RYDER SYSTEMS INC COMMON STOCK 783549108 552500.00 20,000 SH SHARED 20,000
RYLAND GROUP INC COMMON STOCK 783764103 551812.50 21,800 SH SHARED 21,800
SBC COMM INC COMMON STOCK 78387G103 15646348.25 328,918 SH SHARED 328,918
SCIPE HOLDINGS INC COMMON STOCK 78402P104 1101093.75 40,500 SH SHARED 40,500
SLM HOLDING CORPORATION COMMON STOCK 78442A109 551100.00 13,200 SH SHARED 13,200
SAFECO CORP COMMON STOCK 786429100 1374875.00 33,800 SH SHARED 33,800
SAFETY KLEEN COMMON STOCK 78648R203 828125.00 62,500 SH SHARED 62,500
SAFEWAY INC COMMON STOCK 786514208 4161443.75 80,300 SH SHARED 80,300
ST. JOHN KNITS, INC. COMMON STOCK 790289102 883562.50 33,500 SH SHARED 33,500
SAINT JUDE MED INC COMMON STOCK 790849103 165750.00 6,800 SH SHARED 6,800
ST PAUL BANCORP INC COMMON STOCK 792848103 2652890.63 122,500 SH SHARED 122,500
ST PAUL COMPANIES COMMON STOCK 792860108 581924.88 18,534 SH SHARED 18,534
SARA LEE, CORP. COMMON STOCK 803111103 4016925.00 160,700 SH SHARED 160,700
SBARRO INC COMMON STOCK 805844107 1595300.00 60,200 SH SHARED 60,200
SCHERING PLOUGH COMMON STOCK 806605101 14298281.25 256,100 SH SHARED 256,100
SCHLUMBERGER LTD. COMMON STOCK 806857108 3364481.25 55,000 SH SHARED 55,000
SCHWAB (CHARLES) CORP. COMMON STOCK 808513105 3092821.88 31,575 SH SHARED 31,575
SCHWEITZER MAUDUIT INTL COMMON STOCK 808541106 518650.00 45,100 SH SHARED 45,100
SCIENTIFIC-ATLANTA INC COMMON STOCK 808655104 163500.00 6,000 SH SHARED 6,000
THE SCOTTS COMPANY COMMON STOCK 810186106 1491262.50 39,900 SH SHARED 39,900
SEAGATE TECH INC. COMMON STOCK 811804103 1439693.75 48,200 SH SHARED 48,200
SEAGRAMS LTD ADR COMMON STOCK 811850106 3800000.00 75,700 SH SHARED 75,700
SEACOR HOLDINGS INC COMMON STOCK 811904101 1587468.75 29,500 SH SHARED 29,500
SEALED AIR CORP. COMMON STOCK 81211K100 325424.50 6,616 SH SHARED 6,616
SEARS ROEBUCK COMMON STOCK 812387108 3044507.81 66,775 SH SHARED 66,775
SECURITY DYNAMICS TECH COMMON STOCK 814208104 994575.00 53,400 SH SHARED 53,400
SEITEL INC COMMON STOCK 816074306 760987.50 54,600 SH SHARED 54,600
SEMPRA ENERGY COMMON STOCK 816851109 366960.94 19,125 SH SHARED 19,125
SEQUENT COMPUTER COMMON STOCK 817338106 299968.75 33,100 SH SHARED 33,100
SERVICE CORP INT'L COMMON STOCK 817565104 310650.00 21,800 SH SHARED 21,800
SHARED MEDICAL SYSTEMS COMMON STOCK 819486101 116943.75 2,100 SH SHARED 2,100
SHERWIN-WILLIAMS CO COMMON STOCK 824348106 385312.50 13,700 SH SHARED 13,700
SHOPKO STORES, INC. COMMON STOCK 824911101 1732750.00 58,000 SH SHARED 58,000
SIERRA HEALTH SERVICES, ICOMMON STOCK 826322109 1121250.00 86,250 SH SHARED 86,250
SIGMA-ALDRICH CORP. COMMON STOCK 826552101 813150.00 27,800 SH SHARED 27,800
SIGCORP INC COMMON STOCK 826912107 1105950.00 40,400 SH SHARED 40,400
SILICON GRAPHICS COMMON STOCK 827056102 248643.75 14,900 SH SHARED 14,900
SILICON VALLEY BANKSHARESCOMMON STOCK 827064106 1499843.75 72,500 SH SHARED 72,500
SMART & FINAL, INC. COMMON STOCK 831683107 586875.00 62,600 SH SHARED 62,600
SMITH (A.O.) CORP. COMMON STOCK 831865209 1100100.00 57,900 SH SHARED 57,900
SMUCKER (J.M.) CO., CLASSCOMMON STOCK 832696207 1332187.50 67,700 SH SHARED 67,700
SNAP-ON INC COMMON STOCK 833034101 478500.00 16,500 SH SHARED 16,500
SNYDER OIL CORP. COMMON STOCK 833482102 934668.75 63,100 SH SHARED 63,100
SOLA INTERNATIONAL, INC. COMMON STOCK 834092108 946906.25 78,500 SH SHARED 78,500
SOLECTRON CORP. COMMON STOCK 834182107 922687.50 19,000 SH SHARED 19,000
SONAT INC COMMON STOCK 835415100 267000.00 8,900 SH SHARED 8,900
SOUTH JERSEY INDUSTRIES, COMMON STOCK 838518108 436825.00 20,200 SH SHARED 20,200
SOUTHERN COMPANY COMMON STOCK 842587107 3333687.50 141,900 SH SHARED 141,900
SOUTHERN UNION CO. COMMON STOCK 844030106 1058453.38 56,077 SH SHARED 56,077
SOUTHTRUST CORP. COMMON STOCK 844730101 496256.25 13,000 SH SHARED 13,000
SOUTHWEST AIRLINES COMMON STOCK 844741108 2042631.25 67,225 SH SHARED 67,225
SOUTHWEST GAS CORP. COMMON STOCK 844895102 1375000.00 50,000 SH SHARED 50,000
SOUTHWEST SECURITIES GRP COMMON STOCK 845224104 978297.50 34,630 SH SHARED 34,630
SOUTHWESTERN ENERGY CO. COMMON STOCK 845467109 420218.75 59,500 SH SHARED 59,500
SPARTECH CORP. COMMON STOCK 847220209 860062.50 41,700 SH SHARED 41,700
SPEEDFAM INTL COMMON STOCK 847706108 690000.00 57,500 SH SHARED 57,500
THE SPORTS AUTHORITY INC COMMON STOCK 849176102 604378.13 82,650 SH SHARED 82,650
SPRINGS INDUSTRIES INC COMMON STOCK 851783100 40593.75 1,500 SH SHARED 1,500
SPRINT CORP COMMON STOCK 852061100 7300500.00 73,800 SH SHARED 73,800
SPRINT CORP PCS COMMON STOCK 852061506 1564231.25 34,600 SH SHARED 34,600
STANDARD COMMERCIAL CORP COMMON STOCK 853258101 122265.00 25,740 SH SHARED 25,740
STANDARD MOTOR PRODUCTS, COMMON STOCK 853666105 682687.50 33,000 SH SHARED 33,000
STANDARD PACIFIC CORP. COMMON STOCK 85375C101 766062.50 59,500 SH SHARED 59,500
STANDARD PRODUCTS CO COMMON STOCK 853836104 450125.00 27,700 SH SHARED 27,700
STANDARD REGISTER CO COMMON STOCK 853887107 1232031.25 41,500 SH SHARED 41,500
STANDEX INTERNATIONAL COMMON STOCK 854231107 689062.50 31,500 SH SHARED 31,500
STANLEY WORKS COMMON STOCK 854616109 184500.00 7,200 SH SHARED 7,200
STAPLES COMMON STOCK 855030102 1236100.00 36,300 SH SHARED 36,300
STATE STREET CORP. COMMON STOCK 857477103 2966968.75 35,800 SH SHARED 35,800
STATION CASINOS INC. COMMON STOCK 857689103 867000.00 68,000 SH SHARED 68,000
STEINWAY MUSICAL INSTRS COMMON STOCK 858495104 485906.25 21,900 SH SHARED 21,900
STERLING BANCORP COMMON STOCK 859158107 494931.25 25,300 SH SHARED 25,300
STONE & WEBSTER, INC. COMMON STOCK 861572105 759450.00 33,200 SH SHARED 33,200
STONE ENERGY CORP COMMON STOCK 861642106 1024000.00 32,000 SH SHARED 32,000
STRIDE RITE COMMON STOCK 863314100 1411200.00 115,200 SH SHARED 115,200
STRUCTURAL DYNAMICS COMMON STOCK 863555108 476562.50 25,000 SH SHARED 25,000
STURM, RUGER & CO. COMMON STOCK 864159108 764000.00 63,000 SH SHARED 63,000
SUMMIT BANCORP COMMON STOCK 866005101 538200.00 13,800 SH SHARED 13,800
SUN MICROSYSTEMS COMMON STOCK 866810104 7846075.00 62,500 SH SHARED 62,500
SUN HEALTHCARE GROUP COMMON STOCK 866933104 159725.00 159,725 SH SHARED 159,725
SUNOCO INC. COMMON STOCK 86764P109 273137.38 7,374 SH SHARED 7,374
SUNRISE MEDICAL INC COMMON STOCK 867910101 388750.00 62,200 SH SHARED 62,200
SUNTRUST BANKS INC COMMON STOCK 867914103 3342825.00 53,400 SH SHARED 53,400
SUPERIOR INDUSTRIES COMMON STOCK 868168105 534750.00 23,000 SH SHARED 23,000
SUPERIOR TELECOM INC. COMMON STOCK 868365107 1415625.00 75,000 SH SHARED 75,000
SUPERVALU INC COMMON STOCK 868536103 1155000.00 56,000 SH SHARED 56,000
SWIFT ENERGY CO COMMON STOCK 870738101 277053.75 32,836 SH SHARED 32,836
SYBASE COMMON STOCK 871130100 486568.75 61,300 SH SHARED 61,300
SYMS CORP. COMMON STOCK 871551107 388237.50 31,500 SH SHARED 31,500
SYNOVUS COMMON STOCK 87161C105 437362.50 21,400 SH SHARED 21,400
SYSCO CORP. COMMON STOCK 871829107 699912.50 26,200 SH SHARED 26,200
SYSTEMS & COMPUTER TECH COMMON STOCK 871873105 515000.00 51,500 SH SHARED 51,500
TCBY ENTERPRISES INC COMMON STOCK 872245105 443400.00 73,900 SH SHARED 73,900
TEPPCO PARTNERS LP COMMON STOCK 872384102 1388750.00 55,000 SH SHARED 55,000
TJX COMPANIES INC COMMON STOCK 872540109 877200.00 25,500 SH SHARED 25,500
TNP ENTERPRISES, INC COMMON STOCK 872594106 669875.00 23,300 SH SHARED 23,300
TRW INC COMMON STOCK 872649108 432250.00 9,500 SH SHARED 9,500
TALBOTS COMMON STOCK 874161102 1525875.00 40,000 SH SHARED 40,000
TANDY CORP COMMON STOCK 875382103 505905.50 7,928 SH SHARED 7,928
TECH-SYM COMMON STOCK 878308105 464118.75 22,300 SH SHARED 22,300
TECHNITROL INC. COMMON STOCK 878555101 1060875.00 46,000 SH SHARED 46,000
TEKTRONIX INC. COMMON STOCK 879131100 4509650.00 178,600 SH SHARED 178,600
TELLABS, INC. COMMON STOCK 879664100 3069350.00 31,100 SH SHARED 31,100
TEMPLE INLAND, INC. COMMON STOCK 879868107 276100.00 4,400 SH SHARED 4,400
TENET HEALTHCARE CORP COMMON STOCK 88033G100 467756.25 24,700 SH SHARED 24,700
TENNECO INC. (NEW) COMMON STOCK 88037E101 1039275.00 37,200 SH SHARED 37,200
TEREX CORP. COMMON STOCK 880779103 844375.00 35,000 SH SHARED 35,000
TERRA INDUSTRIES INC COMMON STOCK 880915103 479062.50 105,000 SH SHARED 105,000
TESORO PETROLEUM CORP. COMMON STOCK 881609101 629200.00 57,200 SH SHARED 57,200
TEXACO, INC. COMMON STOCK 881694103 5073450.00 88,600 SH SHARED 88,600
TEXAS INSTRUMENTS COMMON STOCK 882508104 6788700.00 67,800 SH SHARED 67,800
TEXAS REGIONAL BANCSHARESCOMMON STOCK 882673106 1263600.00 46,800 SH SHARED 46,800
TEXAS UTILITIES COMMON STOCK 882848104 2512505.63 59,870 SH SHARED 59,870
TEXTRON INC COMMON COMMON STOCK 883203101 2739075.00 35,200 SH SHARED 35,200
THERMO ELECTRON CORP. COMMON STOCK 883556102 172243.75 12,700 SH SHARED 12,700
THOMAS & BETTS CORP COMMON STOCK 884315102 495825.00 13,200 SH SHARED 13,200
THOMAS INDUSTRIES, INC. COMMON STOCK 884425109 431250.00 23,000 SH SHARED 23,000
3 COM CORP. COMMON STOCK 885535104 1357953.13 57,950 SH SHARED 57,950
TIMBERLAND CO., CLASS A COMMON STOCK 887100105 1261250.00 20,000 SH SHARED 20,000
TIME WARNER INC COMMON STOCK 887315109 14881908.75 207,520 SH SHARED 207,520
TIMES MIRROR CO COMMON STOCK 887364107 340593.75 6,300 SH SHARED 6,300
TIMKEN CO COMMON STOCK 887389104 82875.00 5,100 SH SHARED 5,100
TITAN CORP. COMMON STOCK 888266103 278287.50 54,300 SH SHARED 54,300
TITAN WHEEL INT. COMMON STOCK 88830M102 499495.31 50,000 SH SHARED 50,000
TOLL BROTHERS INC COMMON STOCK 889478103 966062.50 53,300 SH SHARED 53,300
TORCHMARK CORP COMMON STOCK 891027104 958237.50 30,100 SH SHARED 30,100
TORO CO. COMMON STOCK 891092108 1104400.00 35,200 SH SHARED 35,200
TOWER AUTOMOTIVE INC COMMON STOCK 891707101 1473237.50 79,100 SH SHARED 79,100
TOYS R US COMMON STOCK 892335100 392240.63 19,750 SH SHARED 19,750
TRANSAMERICA CORPORATION COMMON STOCK 893485102 707444.00 9,864 SH SHARED 9,864
TRANSTECHNOLOGY CORP. COMMON STOCK 893889105 169950.00 8,700 SH SHARED 8,700
TRIANGLE BCP COMMON STOCK 895835106 1286606.25 77,100 SH SHARED 77,100
TRIAD GUARANTY INC COMMON STOCK 895925105 645575.00 47,600 SH SHARED 47,600
TRIARC COS., INC. COMMON STOCK 895927101 871875.00 50,000 SH SHARED 50,000
TRICON GLOBAL RESTAURANTSCOMMON STOCK 895953107 850727.50 12,010 SH SHARED 12,010
TRIBUNE CO. COMMON STOCK 896047107 1766812.50 26,900 SH SHARED 26,900
TRUE NORTH COMMUNICATIONSCOMMON STOCK 897844106 1918125.00 40,000 SH SHARED 40,000
TUPPERWARE CORP COMMON STOCK 899896104 84600.00 4,700 SH SHARED 4,700
TYCO INTERNATIONAL COMMON STOCK 902124106 8878560.25 123,343 SH SHARED 123,343
UGI CORP COMMON STOCK 902681105 831037.50 49,800 SH SHARED 49,800
UST CORP COMMON STOCK 902900109 2664937.50 122,000 SH SHARED 122,000
USX-MARATHON GROUP COMMON STOCK 902905827 2018500.00 72,900 SH SHARED 72,900
UST, INC. COMMON STOCK 902911106 1115537.50 42,700 SH SHARED 42,700
U.S. BANCORP COMMON STOCK 902973106 4239486.88 123,562 SH SHARED 123,562
UNUM CORPORATION COMMON STOCK 903192102 1759812.50 37,000 SH SHARED 37,000
URS CORP. COMMON STOCK 903236107 352038.13 19,490 SH SHARED 19,490
UNITED STATES CAN CORP. COMMON STOCK 90328W105 551650.00 37,400 SH SHARED 37,400
USX- U S STEEL GRP INC COMMON STOCK 90337T101 487390.00 20,740 SH SHARED 20,740
UNIFIRST CORP. COMMON STOCK 904708104 589387.50 27,900 SH SHARED 27,900
UNILEVER NV COMMON STOCK 904784501 7414425.00 110,600 SH SHARED 110,600
UNICOM CORP COMMON STOCK 904911104 632531.25 17,100 SH SHARED 17,100
UNION CAMP CORP COMMON STOCK 905530101 1624425.00 24,100 SH SHARED 24,100
UNION CARBIDE CORP COMMON STOCK 905581104 1495706.25 33,100 SH SHARED 33,100
UNION PAC CORP COMMON STOCK 907818108 2575687.50 47,800 SH SHARED 47,800
UNION PACIFIC RESOURCES COMMON STOCK 907834105 242523.13 19,723 SH SHARED 19,723
UNION PLANTERS COMMON STOCK 908068109 478918.75 10,900 SH SHARED 10,900
UNISOURCE ENERGY CORP. COMMON STOCK 909205106 611977.50 55,320 SH SHARED 55,320
UNISYS COMMON STOCK 909214108 562056.25 20,300 SH SHARED 20,300
UNIT CORP. COMMON STOCK 909218109 275725.00 53,800 SH SHARED 53,800
UNITED HEALTHCARE COMMON STOCK 910581107 784112.50 14,700 SH SHARED 14,700
UTD ILLUM CO COMMON STOCK 910637107 1136506.25 27,100 SH SHARED 27,100
UNITED INDUSTRIAL CORP. COMMON STOCK 910671106 401612.50 36,100 SH SHARED 36,100
US AIRWAYS GROUP, INC. COMMON STOCK 911905107 341687.50 7,000 SH SHARED 7,000
U S HOME CORP COMMON STOCK 911920106 597037.50 18,300 SH SHARED 18,300
US WEST INC. NEW COMMON STOCK 91273H101 4947751.06 89,157 SH SHARED 89,157
UNITED TECHNOLOGIES CORP COMMON STOCK 913017109 5431043.75 39,800 SH SHARED 39,800
UNITED WATER RESOURCES, ICOMMON STOCK 913190104 1485700.00 71,600 SH SHARED 71,600
UNITED WISCONSIN SERVICESCOMMON STOCK 913238101 387562.50 53,000 SH SHARED 53,000
UNITRODE CORP. COMMON STOCK 913283107 1235731.25 87,100 SH SHARED 87,100
UNOCAL COMMON STOCK 915289102 2101993.75 56,900 SH SHARED 56,900
V.F. CORP COMMON STOCK 918204108 1434500.00 30,200 SH SHARED 30,200
VLSI TECHNOLOGY COMMON STOCK 918270109 910625.00 47,000 SH SHARED 47,000
VAIL RESORTS, INC. COMMON STOCK 91879Q109 1252537.50 78,900 SH SHARED 78,900
VALUE CITY DEPT STORES COMMON STOCK 920387107 716625.00 73,500 SH SHARED 73,500
VERITAS DGC INC COMMON STOCK 92343P107 661137.50 46,600 SH SHARED 46,600
VIACOM CLASS B COMMON STOCK 925524308 2341856.25 27,400 SH SHARED 27,400
VINTAGE PETROLEUM, INC. COMMON STOCK 927460105 989100.00 109,900 SH SHARED 109,900
VISUAL NETWORKS INC COMMON STOCK 928444108 1102562.50 29,500 SH SHARED 29,500
VISX INC COMMON STOCK 92844S105 9142812.50 85,000 SH SHARED 85,000
WHX CORP. COMMON STOCK 929248102 439425.00 55,800 SH SHARED 55,800
WICOR INC COMMON STOCK 929253102 1267650.00 62,600 SH SHARED 62,600
WPS RESOURCES COMMON STOCK 92931B106 1180000.00 40,000 SH SHARED 40,000
WACHOVIA CORP COMMON STOCK 929771103 3474825.00 42,500 SH SHARED 42,500
WACKENHUT COMMON STOCK 929798106 905756.25 21,400 SH SHARED 21,400
WALMART COMMON STOCK 931142103 41318437.50 442,300 SH SHARED 442,300
WALGREEN CO COMMON STOCK 931422109 5157207.00 180,956 SH SHARED 180,956
WARNER LAMBERT CO COMMON STOCK 934488107 9756037.50 146,100 SH SHARED 146,100
WASHINGTON MUTUAL COMMON STOCK 939322103 4503811.88 109,285 SH SHARED 109,285
WASTE MANAGEMENT INC. COMMON STOCK 94106L109 4350613.75 97,142 SH SHARED 97,142
WATKINS-JOHNSON CO. COMMON STOCK 942486101 565625.00 25,000 SH SHARED 25,000
WATSCO, INC. COMMON STOCK 942622200 701444.25 47,962 SH SHARED 47,962
WATTS INDUSTRIES COMMON STOCK 942749102 705250.00 52,000 SH SHARED 52,000
WEBB (DEL E.) CORP COMMON STOCK 947423109 1388000.00 46,000 SH SHARED 46,000
WELLMAN COMMON STOCK 949702104 591075.00 66,600 SH SHARED 66,600
WELLS FARGO COMPANY COMMON STOCK 949746101 10101506.25 287,700 SH SHARED 287,700
WENDY'S INTERNATIONAL COMMON STOCK 950590109 281531.25 9,900 SH SHARED 9,900
WEST PHARMACEUTICAL COMMON STOCK 955306105 1686062.50 53,000 SH SHARED 53,000
WESTCORP COMMON STOCK 957907108 727515.75 93,873 SH SHARED 93,873
WESTERN DIGITAL CORP. COMMON STOCK 958102105 2207418.75 278,100 SH SHARED 278,100
WESTERN GAS RESOURCES, INCOMMON STOCK 958259103 513750.00 68,500 SH SHARED 68,500
WESTERN WIRELESS CORP COMMON STOCK 95988E204 2229375.00 61,500 SH SHARED 61,500
WESTINGHOUSE AIR BRAKE COCOMMON STOCK 960386100 1039575.00 49,800 SH SHARED 49,800
WESTVACO CORP COMMON STOCK 961548104 169050.00 8,050 SH SHARED 8,050
WEYERHAEUSER CO. COMMON STOCK 962166104 1889775.00 33,850 SH SHARED 33,850
WHIRLPOOL COMMON STOCK 963320106 331687.50 6,100 SH SHARED 6,100
WILLAMETTE INDS INC. COMMON STOCK 969133107 332200.00 8,800 SH SHARED 8,800
WILLIAMS CO. COMMON STOCK 969457100 2844000.00 71,300 SH SHARED 71,300
WIND RIVER SYSTEMS, INC. COMMON STOCK 973149107 899531.25 50,500 SH SHARED 50,500
WINN DIXIE STORES INC COMMON STOCK 974280109 441025.00 11,800 SH SHARED 11,800
WINNEBAGO INDUSTRIES, INCCOMMON STOCK 974637100 536200.00 38,300 SH SHARED 38,300
WOLVERINE TUBE INC COMMON STOCK 978093102 686562.50 32,500 SH SHARED 32,500
WOLVERINE WORLD WIDE, INCCOMMON STOCK 978097103 1025050.00 107,900 SH SHARED 107,900
WORLD ACCESS INC. COMMON STOCK 98141A101 190515.00 23,448 SH SHARED 23,448
WORTHINGTON INDUST. INC COMMON STOCK 981811102 86068.75 7,325 SH SHARED 7,325
WRIGLEY JR CO. COMMON STOCK 982526105 841068.75 9,100 SH SHARED 9,100
WYNN'S INTERNATIONAL, INCCOMMON STOCK 983195108 816720.19 46,837 SH SHARED 46,837
XEROX CORPORATION COMMON STOCK 984121103 5915764.75 109,734 SH SHARED 109,734
XTRA CORP COMMON STOCK 984138107 1245156.25 32,500 SH SHARED 32,500
YANKEE ENERGY SYSTEM, INCCOMMON STOCK 984779108 562725.00 24,400 SH SHARED 24,400
ZALE CORP. COMMON STOCK 988858106 2393125.00 70,000 SH SHARED 70,000
ZAPATA CORP. COMMON STOCK 989070503 572178.75 50,000 SH SHARED 50,000
ZENITH NATIONAL INSURANCECOMMON STOCK 989390109 1548706.25 63,700 SH SHARED 63,700
FRUIT OF THE LOOM INC. COMMON STOCK G3682L105 61212.50 5,900 SH SHARED 5,900
LASALLE RE HOLDINGS LTD COMMON STOCK G5383Q101 1280300.00 70,000 SH SHARED 70,000
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