UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 1999
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: BNP/Cooper Neff, Inc.
Address: 3 Radnor Corporate Center, Suite 130
Radnor, PA 19087
13F File Number: 28-17790
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: Catherine J. Beckett
Title: Chief Financial Officer
Phone: 610-296-2502
Signature, Place, and Date of Signing:
Catherine J. Beckett
Radnor, PA
May 5, 1999
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
managers(s).)
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: 0
Form 13F Information Table Entry Total: 1183
Form 13F Information Table Value Total: 2696045
List of Other Included Managers:
No. 13F File Number Name
**NONE**
<PAGE>
<TABLE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 1999 Page 1 of 23
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
- ------------------------------ ------------------ --------- --------- ------------------ ------- -------- ---------------------
Value Shrs or SH/ PUT/ Other
Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None
- ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
3 COM CORP COM 885535104 1790 76783 SH SOLE 76783 0 0
99 CENTS COM 65440K106 268 6306 SH SOLE 6306 0 0
A G EDWARDS INCORPORATED COM 281760108 1448 44288 SH SOLE 44288 0 0
A H BELO & CO SER A COM 080555105 1074 58828 SH SOLE 58828 0 0
A M P INCORPORATED COM 031897101 1985 37111 SH SOLE 37111 0 0
A SCHULMAN INCORPORATED COM 808194104 309 22678 SH SOLE 22678 0 0
A T & T CORP COM 001957109 34415 431199 SH SOLE 431199 0 0
A.M CASTLE & COMPANY COM 148411101 123 10000 SH SOLE 10000 0 0
AAMES FINANCIAL CORP COM 00253A101 41 24400 SH SOLE 24400 0 0
AARON RENTS INC COM 002535201 164 10500 SH SOLE 10500 0 0
ABBOTT LABORATORIES COM 002824100 15214 324996 SH SOLE 324996 0 0
ABERCROMBIE & FITCH CO CL A COM 002896207 2573 27889 SH SOLE 27889 0 0
ABITIBI-CONSOLIDATED INC COM 003924107 304 34500 SH SOLE 34500 0 0
AC NIELSON COM 004833109 848 31271 SH SOLE 31271 0 0
ACXIOM CORP COM 005125109 240 9050 SH SOLE 9050 0 0
ADC TELECOMMUNICATIONS INC COM 000886101 3508 73568 SH SOLE 73568 0 0
ADELPHIA COMMUNICATIONS COM 006848105 422 6700 SH SOLE 6700 0 0
ADOBE SYSTEMS INC COM 00724F101 720 12695 SH SOLE 12695 0 0
ADVANCED MICRO DEVICES INC COM 007903107 435 28093 SH SOLE 28093 0 0
ADVANCED TISSUE SCIENCES INC COM 00755F103 25 11500 SH SOLE 11500 0 0
ADVANTICA RESTAURANT GROUP COM 00758B109 100 19900 SH SOLE 19900 0 0
AES CORP COM 00130H105 1351 36277 SH SOLE 36277 0 0
AETNA LIFE & CASUALTY CO COM 008117103 2066 24888 SH SOLE 24888 0 0
AFLAC INC COM 001055102 7337 134778 SH SOLE 134778 0 0
AGCO CORP COM 001084102 167 25467 SH SOLE 25467 0 0
AGL RESOURCES INC COM 001204106 695 39561 SH SOLE 39561 0 0
AGOURON PHARM INC COM 008488108 1282 22669 SH SOLE 22669 0 0
AIR PRODUCTS & CHEMICALS COM 009158106 2053 59934 SH SOLE 59934 0 0
AIRBORNE FGHT CORP COM 009266107 723 23321 SH SOLE 23321 0 0
AIRGAS INC COM 009363102 378 45141 SH SOLE 45141 0 0
AIRTOUCH COMMUNICATIONS INC COM 00949T100 11715 121241 SH SOLE 121241 0 0
AIRTRAN HOLDINGS INC COM 00949P108 148 35350 SH SOLE 35350 0 0
AK STEEL HOLDING CORP COM 001547108 862 38190 SH SOLE 38190 0 0
ALARIS MEDICAL INC COM 011637105 57 18100 SH SOLE 18100 0 0
ALASKA AIR GROUP INCORPORATED COM 011659109 933 19636 SH SOLE 19636 0 0
ALBANY INTL CORP CL A COM 012348108 312 16641 SH SOLE 16641 0 0
ALBEMARLE CORP COM 012653101 287 13725 SH SOLE 13725 0 0
ALBERTSON INCORPORATED COM 013104104 2784 51148 SH SOLE 51148 0 0
ALCAN ALUMINUM LIMITED COM 013716105 1131 43800 SH SOLE 43800 0 0
ALCOA INC COM 013817101 3567 86600 SH SOLE 86600 0 0
ALEXANDER & BALDWIN INC COM 014482103 569 28975 SH SOLE 28975 0 0
ALIANT COMMUNICATIONS INC COM 016090102 1024 25002 SH SOLE 25002 0 0
ALLEGHENY ENERGY INC COM 017361106 1727 58558 SH SOLE 58558 0 0
ALLEGHENY TELEDYNE INC COM 017415100 717 37883 SH SOLE 37883 0 0
ALLERGAN INC COM 018490102 1155 13147 SH SOLE 13147 0 0
ALLIANT TECHSYSTEMS INC COM 018804104 210 2700 SH SOLE 2700 0 0
ALLIED WASTE INDUSTRIES COM 019589308 1284 88914 SH SOLE 88914 0 0
ALLIEDSIGNAL INC COM 019512102 6479 131724 SH SOLE 131724 0 0
ALLSTATE CORP COM 020002101 7138 192597 SH SOLE 192597 0 0
ALLTEL CORPORATION COM 020039103 3100 49693 SH SOLE 49693 0 0
ALTERA CORP COM 021441100 3130 52612 SH SOLE 52612 0 0
ALZA CORPORATION COM 022615108 556 14543 SH SOLE 14543 0 0
AMAZON COMM INC COM 023135106 394 2286 SH SOLE 2286 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 1999 Page 2 of 23
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
- ------------------------------ ------------------ --------- --------- ------------------ ------- -------- ---------------------
Value Shrs or SH/ PUT/ Other
Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None
- ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AMBAC INC COM 023139108 1852 34296 SH SOLE 34296 0 0
AMERADA HESS CORPORATION COM 023551104 1098 21577 SH SOLE 21577 0 0
AMEREN CORP COM 023608102 217 6006 SH SOLE 6006 0 0
AMERICA ONLINE INC COM 02364J104 31519 214414 SH SOLE 214414 0 0
AMERICAN ELECTRIC POWER CO COM 025537101 384 9686 SH SOLE 9686 0 0
AMERICAN EXPRESS CO COM 025816109 11258 95607 SH SOLE 95607 0 0
AMERICAN FINANCIAL GROUP COM 025932104 1078 30650 SH SOLE 30650 0 0
AMERICAN GENERAL CORPORATION COM 026351106 4234 60061 SH SOLE 60061 0 0
AMERICAN GREETINGS CORP COM 026375105 224 8808 SH SOLE 8808 0 0
AMERICAN HOME PRODUCTS CORP COM 026609107 18020 276163 SH SOLE 276163 0 0
AMERICAN INTL GROUP INC COM 026874107 31015 257117 SH SOLE 257117 0 0
AMERICAN MEDIA INC - CL A COM 02744L100 79 13800 SH SOLE 13800 0 0
AMERICAN POWER CONVERSION COR COM 029066107 1361 50400 SH SOLE 50400 0 0
AMERICAN STANDARD COS INC COM 029712106 1337 38905 SH SOLE 38905 0 0
AMERICAN STORES INCORPORATED COM 030096101 1794 54361 SH SOLE 54361 0 0
AMERICAN TOWER SYSTEMS CLASS COM 029912201 420 17150 SH SOLE 17150 0 0
AMERICAN WATER WORKS CO INC COM 030411102 772 26491 SH SOLE 26491 0 0
AMERICREDIT CORP COM 03060R101 182 13900 SH SOLE 13900 0 0
AMERISOURCE HEALTH CORP COM 03071P102 516 15100 SH SOLE 15100 0 0
AMERITECH CORPORATION COM 030954101 13386 232300 SH SOLE 232300 0 0
AMERITRADE HOLDING CORP CL A COM 03072H109 261 4229 SH SOLE 4229 0 0
AMETEK AEROSPACE PRODUCTS COM 031100100 286 15677 SH SOLE 15677 0 0
AMGEN INC COM 031162100 8090 108043 SH SOLE 108043 0 0
AMR CORP COM 001765106 2036 34766 SH SOLE 34766 0 0
AMSOUTH BANCORPORATION COM 032165102 1010 22200 SH SOLE 22200 0 0
ANADARKO PETROLEUM CORP COM 032511107 835 22124 SH SOLE 22124 0 0
ANALOG DEVICES INCORPORATED COM 032654105 2332 78380 SH SOLE 78380 0 0
ANDREW CORPORATION COM 034425108 194 15742 SH SOLE 15742 0 0
ANHEUSER BUSCH INCORPORATED COM 035229103 7497 98487 SH SOLE 98487 0 0
ANIXTER INTERNATIONAL INC. COM 035290105 162 13600 SH SOLE 13600 0 0
ANN TAYLOR STORES CORP. COM 036115103 354 8000 SH SOLE 8000 0 0
AON CORP COM 037389103 1254 19824 SH SOLE 19824 0 0
APACHE CORPORATION COM 037411105 678 26030 SH SOLE 26030 0 0
APOGEE ENTERPRISES INC COM 037598109 141 11850 SH SOLE 11850 0 0
APOLLO GROUP INC COM 037604105 1201 40200 SH SOLE 40200 0 0
APPLE COMPUTER INC COM 037833100 1135 31586 SH SOLE 31586 0 0
APPLIED MATERIALS INC COM 038222105 4911 79603 SH SOLE 79603 0 0
APRIA HEALTHCARE GROUP COM 037933108 332 27956 SH SOLE 27956 0 0
AQUA ALLIANCE INC COM 038367108 208 92300 SH SOLE 92300 0 0
AQUILA GAS PIPELINE CORP COM 03839B106 96 13300 SH SOLE 13300 0 0
ARCHER-DANIELS-MIDLAND CO COM 039483102 1874 127619 SH SOLE 127619 0 0
ARMCO INCORPORATED COM 042170100 182 41100 SH SOLE 41100 0 0
ARNOLD INDS COM 042595108 246 16506 SH SOLE 16506 0 0
ARROW ELECTRONICS INCORPORATE COM 042735100 695 46358 SH SOLE 46358 0 0
ARVIN INDUSTRIES INCORPORATED COM 043339100 569 16880 SH SOLE 16880 0 0
ASARCO INCORPORATED COM 043413103 311 22499 SH SOLE 22499 0 0
ASCEND COMMUNICATION INC COM 043491109 3983 47593 SH SOLE 47593 0 0
ASHLAND INC COM 044204105 586 14304 SH SOLE 14304 0 0
ASPECT TELECOMMUNICATIONS INC COM 045237104 69 10450 SH SOLE 10450 0 0
ASSOCIATED-BANC CORP COM 045487105 1030 32246 SH SOLE 32246 0 0
ASSOCIATES FIRST CAPITAL CORP COM 046008108 6558 145739 SH SOLE 145739 0 0
ASTORIA FINANCIAL CORPORATION COM 046265104 1391 27822 SH SOLE 27822 0 0
AT HOME CORP SER A COM 045919107 230 1460 SH SOLE 1460 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 1999 Page 3 of 23
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
- ------------------------------ ------------------ --------- --------- ------------------ ------- -------- ---------------------
Value Shrs or SH/ PUT/ Other
Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None
- ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ATLANTIC RICHFIELD COMPANY COM 048825103 4185 57234 SH SOLE 57234 0 0
ATMEL CORP COM 049513104 788 51889 SH SOLE 51889 0 0
AURA SYSTEMS INC COM 051526101 21 56550 SH SOLE 56550 0 0
AUTODESK INCORPORATED COM 052769106 437 10816 SH SOLE 10816 0 0
AUTOMATIC DATA PROCESSING INC COM 053015103 5395 130402 SH SOLE 130402 0 0
AUTOZONE INC COM 053332102 827 27225 SH SOLE 27225 0 0
AVERY DENNISON CORP COM 053611109 1868 32487 SH SOLE 32487 0 0
AVIS RENT A CAR COM 053790101 379 13700 SH SOLE 13700 0 0
AVNET INCORPORATED COM 053807103 629 17117 SH SOLE 17117 0 0
AVON PRODUCTS INCORPORATED COM 054303102 2529 53733 SH SOLE 53733 0 0
AXYS PHARMACEUTICALS COM 054635107 42 10000 SH SOLE 10000 0 0
B F GOODRICH COMPANY COM 382388106 214 6230 SH SOLE 6230 0 0
BA MERCHANT SERVICES INC COM 055239107 234 11500 SH SOLE 11500 0 0
BAKER HUGHES INC COM 057224107 1578 64888 SH SOLE 64888 0 0
BALL CORPORATION COM 058498106 449 9575 SH SOLE 9575 0 0
BALLARD MEDICAL PRODS COM 058566100 229 9400 SH SOLE 9400 0 0
BALTIMORE GAS & ELEC CO COM 059165100 406 15987 SH SOLE 15987 0 0
BANK NEW YORK INC COM 064057102 5473 152304 SH SOLE 152304 0 0
BANK OF MONTREAL COM 063671101 861 21400 SH SOLE 21400 0 0
BANK ONE CORP COM 06423A103 13089 237713 SH SOLE 237713 0 0
BANKAMERICA CORP COM 06605F102 25268 357774 SH SOLE 357774 0 0
BANKATLANTIC BANCORP COM 065908105 126 18200 SH SOLE 18200 0 0
BANKBOSTON CORP COM 06605R106 2709 62542 SH SOLE 62542 0 0
BANKERS TRUST CORP COM 066365107 2576 29193 SH SOLE 29193 0 0
BANTA CORPORATION COM 066821109 367 19298 SH SOLE 19298 0 0
BARNES & NOBLE, INC COM 067774109 1149 35773 SH SOLE 35773 0 0
BARRICKS GOLD CORP. COM 067901108 1845 108154 SH SOLE 108154 0 0
BATTLE MTN GOLD CO COM 071593107 251 91255 SH SOLE 91255 0 0
BAUSCH & LOMB INCORPORATED COM 071707103 907 13958 SH SOLE 13958 0 0
BAXTER INTERNATIONAL INC COM 071813109 3783 57324 SH SOLE 57324 0 0
BB&T COPRORATION COM 054937107 1818 50225 SH SOLE 50225 0 0
BCE INC COM 05534B109 2016 45500 SH SOLE 45500 0 0
BEAR STEARNS COS INC COM 073902108 898 20088 SH SOLE 20088 0 0
BECKMAN COULTER INC COM 075811109 486 10977 SH SOLE 10977 0 0
BECTON DICKINSON & COMPANY COM 075887109 2223 58021 SH SOLE 58021 0 0
BED BATH & BEYOND INC COM 075896100 2766 75772 SH SOLE 75772 0 0
BELL ATLANTIC COM 077853109 17251 333752 SH SOLE 333752 0 0
BELLSOUTH CORP COM 079860102 16716 417244 SH SOLE 417244 0 0
BERGEN BRUNSWIG CORP CLASS A COM 083739102 898 44906 SH SOLE 44906 0 0
BERKSHIRE REALTY INC COM 084710102 172 15400 SH SOLE 15400 0 0
BEST BUY COMPANY INC COM 086516101 5460 105006 SH SOLE 105006 0 0
BESTFOODS COM 08658U101 2304 49028 SH SOLE 49028 0 0
BETHLEHEM STEEL CORPORATION COM 087509105 351 42524 SH SOLE 42524 0 0
BEVERLY ENTERPRISES INC COM 087851309 238 46375 SH SOLE 46375 0 0
BIO-TECHNOLOGY GENERAL CORP COM 090578105 140 23400 SH SOLE 23400 0 0
BIOGEN INC MASS COM 090597105 4454 38961 SH SOLE 38961 0 0
BIOMET INCORPORATED COM 090613100 974 23218 SH SOLE 23218 0 0
BIRMINGHAM STEEL CORP COM 091250100 46 11800 SH SOLE 11800 0 0
BJ SERVICES CO. COM 055482103 791 34006 SH SOLE 34006 0 0
BJ'S WHOLESALE CLUB INC COM 05548J106 928 35270 SH SOLE 35270 0 0
BLACK & DECKER MANUFACTURING COM 091797100 777 14024 SH SOLE 14024 0 0
BLACK HILLS CORPORATIONS COM 092113109 322 15110 SH SOLE 15110 0 0
BLOCK H & R INC COM 093671105 548 11557 SH SOLE 11557 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 1999 Page 4 of 23
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
- ------------------------------ ------------------ --------- --------- ------------------ ------- -------- ---------------------
Value Shrs or SH/ PUT/ Other
Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None
- ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
BMC INDUSTRIES INC COM 055607105 120 27000 SH SOLE 27000 0 0
BMC SOFTWARE INC COM 055921100 1834 49477 SH SOLE 49477 0 0
BOB EVANS FARMS INCORPORATED COM 096761101 583 29136 SH SOLE 29136 0 0
BOEING CO COM 097023105 6178 181716 SH SOLE 181716 0 0
BOISE CASCADE CORPORATION COM 097383103 362 11238 SH SOLE 11238 0 0
BORDERS GROUP INC COM 099709107 516 36677 SH SOLE 36677 0 0
BORG WARNER AUTOMOTIVE INC COM 099724106 890 18620 SH SOLE 18620 0 0
BOSTON SCIENTIFIC CORP COM 101137107 3433 84511 SH SOLE 84511 0 0
BOWATER INCORPORATED COM 102183100 782 19736 SH SOLE 19736 0 0
BOYD GAMING CORP COM 103304101 92 21700 SH SOLE 21700 0 0
BOYDS COLLECTION LTD COM 103354106 187 10400 SH SOLE 10400 0 0
BRIGGS & STRATTON CORPORATION COM 109043109 273 5544 SH SOLE 5544 0 0
BRIGHTPOINT INC COM 109473108 62 10474 SH SOLE 10474 0 0
BRINKER INTERNATIONAL INC COM 109641100 845 32560 SH SOLE 32560 0 0
BRISTOL MYERS SQUIBB CO. (NEW COM 110122108 26541 413899 SH SOLE 413899 0 0
BROADVISION INC COM 111412102 234 3910 SH SOLE 3910 0 0
BROWN FORMAN CORP COM 115637209 916 15893 SH SOLE 15893 0 0
BROWNING FERRIS INDS INC COM 115885105 1514 39265 SH SOLE 39265 0 0
BRUNSWICK CORP COM 117043109 288 15123 SH SOLE 15123 0 0
BUCKEYE TECHNOLOGY CORP COM 118255108 265 18900 SH SOLE 18900 0 0
BUFFETS INCORPORATED COM 119882108 279 28293 SH SOLE 28293 0 0
BURLINGTON INDS INC COM 121693105 254 38290 SH SOLE 38290 0 0
BURLINGTON NORTHERN SANTE FE COM 12189T104 3835 116658 SH SOLE 116658 0 0
BURLINGTON RESOURCES COM 122014103 1835 45935 SH SOLE 45935 0 0
C R BARD INCORPORATED COM 067383109 808 16023 SH SOLE 16023 0 0
C S X CORPORATION COM 126408103 2020 51884 SH SOLE 51884 0 0
CABLETRON SYS INC COM 126920107 186 22737 SH SOLE 22737 0 0
CABOT CORPORATION COM 127055101 629 29590 SH SOLE 29590 0 0
CADENCE DESIGN SYS INC COM 127387108 2881 111874 SH SOLE 111874 0 0
CALGON CARBON CORP COM 129603106 288 55543 SH SOLE 55543 0 0
CALLAWAY GOLF CO COM 131193104 358 35106 SH SOLE 35106 0 0
CALPINE CORPORATION COM 131347106 208 5700 SH SOLE 5700 0 0
CAMBRIDGE TECHNOLOGY PARTNERS COM 132524109 381 27442 SH SOLE 27442 0 0
CAMPBELL SOUP COMPANY COM 134429109 3823 93948 SH SOLE 93948 0 0
CANADIAN IMPERIAL BK COMMERCE COM 136069101 926 36300 SH SOLE 36300 0 0
CANADIAN NATIONAL RAILWAY_CO COM 136375102 412 7400 SH SOLE 7400 0 0
CANADIAN OCCIDENTAL PETROLEUM COM 136420106 278 22500 SH SOLE 22500 0 0
CANADIAN PACIFIC LTD COM 135923100 964 49300 SH SOLE 49300 0 0
CAPITAL ONE FINANCIAL CORP. COM 14040H105 1768 11711 SH SOLE 11711 0 0
CAPSTEAD MORTGAGE CORP COM 14067E100 352 65500 SH SOLE 65500 0 0
CARDINAL HEALTH INC COM 14149Y108 3319 50293 SH SOLE 50293 0 0
CARLISLE CORPORATION COM 142339100 728 15575 SH SOLE 15575 0 0
CARNIVAL CORP. COM 143658102 6876 141594 SH SOLE 141594 0 0
CAROLINA PWR & LT CO COM 144141108 1613 42668 SH SOLE 42668 0 0
CARPENTER TECHNOLOGY CORP COM 144285103 354 13665 SH SOLE 13665 0 0
CARTER-WALLACE CORPORATION COM 146285101 393 21857 SH SOLE 21857 0 0
CASE CORP. COM 14743R103 257 10127 SH SOLE 10127 0 0
CASTAL & COOK INC. WHEN ISSUE COM 148433105 330 24666 SH SOLE 24666 0 0
CATALINA MARKETING CORP COM 148867104 292 3400 SH SOLE 3400 0 0
CATALYTICA INC COM 148885106 110 10015 SH SOLE 10015 0 0
CATERPILLAR INC COM 149123101 3128 68099 SH SOLE 68099 0 0
CAVALIER HOMES INC COM 149507105 116 12044 SH SOLE 12044 0 0
CBRL GROUP COM 12489V106 577 32058 SH SOLE 32058 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 1999 Page 5 of 23
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
- ------------------------------ ------------------ --------- --------- ------------------ ------- -------- ---------------------
Value Shrs or SH/ PUT/ Other
Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None
- ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
CBS CORP COM 12490K107 6001 147028 SH SOLE 147028 0 0
CCBF FINANCIAL CORP COM 124875105 1071 19809 SH SOLE 19809 0 0
CEC ENTERTAINMENT COM 125137109 289 8054 SH SOLE 8054 0 0
CENDANT CORPORATION COM 151313103 2836 177922 SH SOLE 177922 0 0
CENTENNIAL CELLULAR CORP A COM 15133V208 265 5600 SH SOLE 5600 0 0
CENTEX CORPORATION COM 152312104 318 9532 SH SOLE 9532 0 0
CENTOCOR INC COM 152342101 1368 37049 SH SOLE 37049 0 0
CENTRAL & SOUTH WEST CORP COM 152357109 751 32024 SH SOLE 32024 0 0
CENTURY BUSINESS SERVICES COM 156490104 125 11400 SH SOLE 11400 0 0
CENTURY COMM CORP CLASS A COM 156503104 274 5900 SH SOLE 5900 0 0
CENTURY TELEPHONE ENTERPRISES COM 156686107 1325 18866 SH SOLE 18866 0 0
CERIDIAN CORP COM 15677T106 1028 28112 SH SOLE 28112 0 0
CHAMPION INTERNATIONAL CORP COM 158525105 682 16598 SH SOLE 16598 0 0
CHARLES SCHWAB CORP NEW COM 808513105 8401 87399 SH SOLE 87399 0 0
CHARMING SHOPPES INCORPORATED COM 161133103 146 37635 SH SOLE 37635 0 0
CHARTER ONE FINANCIAL COM 160903100 2374 82266 SH SOLE 82266 0 0
CHASE INDUSTRIES COM 161568100 87 11350 SH SOLE 11350 0 0
CHASE MANHATTAN CORP NEW COM 16161A108 13893 170729 SH SOLE 170729 0 0
CHATEAU COMMUNITIES INC COM 161726104 209 7615 SH SOLE 7615 0 0
CHECKFREE HOLDINGS INC COM 162816102 285 6700 SH SOLE 6700 0 0
CHEMICAL FINL CORP COM COM 163731102 235 7331 SH SOLE 7331 0 0
CHESAPEAKE CORPORATION OF COM 165159104 251 9269 SH SOLE 9269 0 0
CHEVRON CORPORATION COM 166751107 12453 140310 SH SOLE 140310 0 0
CHIRON CORPORATION COM 170040109 2098 95635 SH SOLE 95635 0 0
CHOICE HOTELS INTERNATIONAL COM 169905106 162 11551 SH SOLE 11551 0 0
CHRIS CRAFT INDS INC COM 170520100 632 13849 SH SOLE 13849 0 0
CHUBB CORP COM 171232101 2234 38154 SH SOLE 38154 0 0
CHURCH & DWIGHT INC COM 171340102 393 9645 SH SOLE 9645 0 0
CIGNA CORPORATION COM 125509109 3785 45155 SH SOLE 45155 0 0
CILCORP INCORPORATED COM 171794100 559 9300 SH SOLE 9300 0 0
CINCINNATI BELL INC COM 171870108 1521 67789 SH SOLE 67789 0 0
CINCINNATI FINANCIAL CORP COM 172062101 1211 33243 SH SOLE 33243 0 0
CINERGY CORP COM 172474108 644 23401 SH SOLE 23401 0 0
CINTAS CORPORATION COM 172908105 3543 54193 SH SOLE 54193 0 0
CIRCUIT CITY STORES- COM 172737108 1672 21818 SH SOLE 21818 0 0
CIRCUS CIRCUS ENTERPRISES INC COM 172909103 465 26456 SH SOLE 26456 0 0
CIRRUS LOGIC INC COM 172755100 247 38791 SH SOLE 38791 0 0
CISCO SYS INC COM 17275R102 36954 337286 SH SOLE 337286 0 0
CITIGROUP INC COM 172967101 30526 477901 SH SOLE 477901 0 0
CITRIX SYSTEMS INC. COM 177376100 1770 46426 SH SOLE 46426 0 0
CITY NATIONAL CORP. COM 178566105 795 25734 SH SOLE 25734 0 0
CLAIRES STORES INC COM 179584107 956 31725 SH SOLE 31725 0 0
CLAYTON HOME COM 184190106 777 70262 SH SOLE 70262 0 0
CLEAR CHANNEL COMMUNICATIONS COM 184502102 3630 54122 SH SOLE 54122 0 0
CLECO CORPORATION COM 12561M107 270 9164 SH SOLE 9164 0 0
CLOROX COM 189054109 3034 25886 SH SOLE 25886 0 0
CMGI INC COM 125750109 1720 9398 SH SOLE 9398 0 0
CMP GROUP INC COM 125887109 401 21844 SH SOLE 21844 0 0
CMS ENERGY CORP COM 125896100 2091 51953 SH SOLE 51953 0 0
CNB BANCSHARES COM 126126101 282 6996 SH SOLE 6996 0 0
CNET INC COM 125945105 335 3640 SH SOLE 3640 0 0
CNF TRANSPORTATION COM 12612W104 1028 27187 SH SOLE 27187 0 0
COASTAL CORPORATION COM 190441105 1582 47938 SH SOLE 47938 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 1999 Page 6 of 23
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
- ------------------------------ ------------------ --------- --------- ------------------ ------- -------- ---------------------
Value Shrs or SH/ PUT/ Other
Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None
- ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COCA COLA CO COM 191216100 31554 514111 SH SOLE 514111 0 0
COCA COLA ENTERPRISES INC. COM 191219104 1972 65174 SH SOLE 65174 0 0
COLGATE PALMOLIVE CO COM 194162103 6013 65364 SH SOLE 65364 0 0
COLLINS & AIKMAN CORP COM 194830105 76 16000 SH SOLE 16000 0 0
COLONIAL GAS CO COM 195674106 542 15700 SH SOLE 15700 0 0
COLUMBIA ENERGY GROUP COM 197648108 1268 24274 SH SOLE 24274 0 0
COLUMBIA LABS INC COM 197779101 88 14874 SH SOLE 14874 0 0
COLUMBIA/HCA HEALTHCARE CORP COM 197677107 2976 157170 SH SOLE 157170 0 0
COMAIR HLDGS INC COM 199789108 1222 51704 SH SOLE 51704 0 0
COMCAST CORP COM 200300200 5048 80213 SH SOLE 80213 0 0
COMDISCO INC COM 200336105 1407 78722 SH SOLE 78722 0 0
COMERICA INC COM 200340107 2264 36259 SH SOLE 36259 0 0
COMMERCIAL FEDERAL CORP COM 201647104 299 12888 SH SOLE 12888 0 0
COMPAQ COMPUTER CORP COM 204493100 10993 346932 SH SOLE 346932 0 0
COMPUSA INC COM 204932107 294 41968 SH SOLE 41968 0 0
COMPUTER ASSOCIATES INTL INC COM 204912109 3936 110683 SH SOLE 110683 0 0
COMPUTER SCIENCES CORPORATION COM 205363104 969 17564 SH SOLE 17564 0 0
COMPUWARE CORP COM 205638109 1894 79350 SH SOLE 79350 0 0
COMSTAT CORPORATION COM 20564D107 792 27366 SH SOLE 27366 0 0
COMSTOCK RESOURCES INC COM 205768203 61 20000 SH SOLE 20000 0 0
COMVERSE TECH (NEW) COM 205862402 1968 23153 SH SOLE 23153 0 0
CONAGRA INC COM 205887102 2761 107739 SH SOLE 107739 0 0
CONCERTRIC NETWORK CORP COM 20589R107 306 4100 SH SOLE 4100 0 0
CONCONTRA MANAGED CARE COM 20589T103 494 34064 SH SOLE 34064 0 0
CONCORD EFS, INC. COM 206197105 1934 70157 SH SOLE 70157 0 0
CONECTIV INC COM 206829103 1003 51784 SH SOLE 51784 0 0
CONSECO INCORPORATED COM 208464107 2089 67675 SH SOLE 67675 0 0
CONSOLIDATED EDISON INC COM 209115104 2071 45703 SH SOLE 45703 0 0
CONSOLIDATED NAT GAS CO COM 209615103 1837 37721 SH SOLE 37721 0 0
CONSOLIDATED PAPERS INC COM 209759109 1037 44117 SH SOLE 44117 0 0
CONSOLIDATED STORES CORP COM 210149100 794 26208 SH SOLE 26208 0 0
CONVERGYS COPR COM 212485106 1287 75129 SH SOLE 75129 0 0
COOPER INDS INC COM 216669101 256 6016 SH SOLE 6016 0 0
COORS (ADOLPH)COMPANY CL B COM 217016104 585 10840 SH SOLE 10840 0 0
CORDANT TECHNOLOGIES INC COM 218412104 702 17622 SH SOLE 17622 0 0
CORNING INC COM 219350105 3193 53212 SH SOLE 53212 0 0
CORPORATE EXPRESS INC COM 219888104 233 44915 SH SOLE 44915 0 0
CORT BUSINESS SERVICES CORP COM 220493100 226 9771 SH SOLE 9771 0 0
COSTCO COMPANIES, INC COM 22160Q102 4275 46689 SH SOLE 46689 0 0
COUNTRYWIDE CREDIT INDUSTRIES COM 222372104 734 19580 SH SOLE 19580 0 0
COVANCE INC COM 222816100 1141 45538 SH SOLE 45538 0 0
COVENTRY CORP COM 222862104 101 13500 SH SOLE 13500 0 0
COX RADIO INC - CL A COM 224051102 256 5000 SH SOLE 5000 0 0
CRIIMI MAE INC COM 226603108 135 50300 SH SOLE 50300 0 0
CROMPTON & KNOWLES CORP COM 227111101 528 33523 SH SOLE 33523 0 0
CROSS TIMBERS OIL CO COM 227573102 102 14500 SH SOLE 14500 0 0
CROWN CORK & SEAL COMPANY INC COM 228255105 510 17868 SH SOLE 17868 0 0
CSG SYSTEM INTL INC COM 126349109 335 8500 SH SOLE 8500 0 0
CUMMINS ENGINE INC COM 231021106 842 23684 SH SOLE 23684 0 0
CVS CORPORATION COM 126650100 4398 92594 SH SOLE 92594 0 0
CYPRESS SEMICONDUCTOR CORP COM 232806109 500 55549 SH SOLE 55549 0 0
CYTEC INDUSTRIES INC COM 232820100 464 20787 SH SOLE 20787 0 0
DANA CORPORATION COM 235811106 1522 40059 SH SOLE 40059 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 1999 Page 7 of 23
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
- ------------------------------ ------------------ --------- --------- ------------------ ------- -------- ---------------------
Value Shrs or SH/ PUT/ Other
Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None
- ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
DANAHER CORPORATION COM 235851102 708 13545 SH SOLE 13545 0 0
DARDEN RESTAURANTS INC WI COM 237194105 427 20697 SH SOLE 20697 0 0
DATA GENERAL CORPORATION COM 237688106 114 11246 SH SOLE 11246 0 0
DAYTON HUDSON CORP COM 239753106 6166 92544 SH SOLE 92544 0 0
DEAN FOODS COMPANY COM 242361103 690 19364 SH SOLE 19364 0 0
DEERE & COMPANY COM 244199105 1932 50019 SH SOLE 50019 0 0
DELL COMPUTER COM 247025109 22220 543608 SH SOLE 543608 0 0
DELTA AIR LINES INC DEL COM 247361108 2341 33677 SH SOLE 33677 0 0
DELUXE CORP COM 248019101 414 14200 SH SOLE 14200 0 0
DENTSPLY INTL INC COM 249030107 609 26192 SH SOLE 26192 0 0
DEVELOPERS DIVERSIFIED COM 251591103 189 13200 SH SOLE 13200 0 0
DEVRY INC DEL COM 251893103 429 14800 SH SOLE 14800 0 0
DIAL CORP COM 25247D101 1825 53088 SH SOLE 53088 0 0
DIEBOLD INCORPORATED COM 253651103 924 38518 SH SOLE 38518 0 0
DIGITAL MICROWAVE CORP COM 253859102 91 10850 SH SOLE 10850 0 0
DILLARDS INC - CLASS A COM 254067101 286 11259 SH SOLE 11259 0 0
DIME BANCORP INC COM 25429Q102 1289 55600 SH SOLE 55600 0 0
DIMON INC COM 254394109 46 12100 SH SOLE 12100 0 0
DIONEX CORP COM 254546104 245 6500 SH SOLE 6500 0 0
DISNEY WALT CO COM 254687106 14176 455446 SH SOLE 455446 0 0
DOLE FOOD COMPANY, INC. COM 256605106 797 26551 SH SOLE 26551 0 0
DOLLAR GENERAL CORPORATION COM 256669102 1073 31562 SH SOLE 31562 0 0
DOLLAR TREE STORES INC COM 256747106 1024 33096 SH SOLE 33096 0 0
DOUBLECLICK INC COM 258609304 592 3254 SH SOLE 3254 0 0
DOVER CORP COM 260003108 2086 63466 SH SOLE 63466 0 0
DOW CHEM CO COM 260543103 3546 38056 SH SOLE 38056 0 0
DOW JONES & CO INC COM 260561105 275 5831 SH SOLE 5831 0 0
DPL INCORPORATED (HOLDING CO) COM 233293109 575 34850 SH SOLE 34850 0 0
DREYERS GRAND ICE CREAM INC COM 261878102 221 17059 SH SOLE 17059 0 0
DSP COMMUNICATIONS COM 23332K106 199 12550 SH SOLE 12550 0 0
DTE ENERGY CO. COM 233331107 1380 35915 SH SOLE 35915 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 13655 235177 SH SOLE 235177 0 0
DUFF & PHELPS CR RATING CO COM 26432F109 356 6800 SH SOLE 6800 0 0
DUKE ENERGY CORP COM 264399106 4515 82368 SH SOLE 82368 0 0
DUN & BRADSTREET COM 26483B106 632 17739 SH SOLE 17739 0 0
DYNEX CAPITAL INC. COM 26817Q100 75 22700 SH SOLE 22700 0 0
E M C CORP MASS COM 268648102 13205 103366 SH SOLE 103366 0 0
E TRADE GROUP INC COM 269246104 4716 80883 SH SOLE 80883 0 0
E-SPIRO COMMUNICATION COM 269153102 147 10700 SH SOLE 10700 0 0
EARTHGRAINS COMPANY COM 270319106 220 9935 SH SOLE 9935 0 0
EASTERN ENTERPRISES COM 27637F100 389 10700 SH SOLE 10700 0 0
EASTMAN KODAK COMPANY COM 277461109 4233 66275 SH SOLE 66275 0 0
EATON CORPORATION COM 278058102 483 6749 SH SOLE 6749 0 0
ECHOSTAR COMM. INC. COM 278762109 212 2600 SH SOLE 2600 0 0
ECOLAB INC COM 278865100 892 25134 SH SOLE 25134 0 0
EDISON INTERNATIONAL COM 281020107 1503 67542 SH SOLE 67542 0 0
EEX CORP COM 26842V207 53 10900 SH SOLE 10900 0 0
EL PASO ELECTRIC CO. COM 283677854 154 20200 SH SOLE 20200 0 0
EL PASO ENERGY CORP COM 283905107 1749 53495 SH SOLE 53495 0 0
ELECTRONIC ARTS COM 285512109 1483 31220 SH SOLE 31220 0 0
ELECTRONIC DATA SYSTEMS CORP. COM 285661104 5207 106938 SH SOLE 106938 0 0
ELECTRONICS FOR IMAGING INC COM 286082102 473 12135 SH SOLE 12135 0 0
ELI LILLY & COMPANY COM 532457108 19386 228403 SH SOLE 228403 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 1999 Page 8 of 23
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
- ------------------------------ ------------------ --------- --------- ------------------ ------- -------- ---------------------
Value Shrs or SH/ PUT/ Other
Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None
- ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
EMERSON ELECTRIC CO COM 291011104 5129 96882 SH SOLE 96882 0 0
ENERGY EAST CORPORATION COM 29266M109 1591 30260 SH SOLE 30260 0 0
ENGLEHARD CORPORATION COM 292845104 868 51251 SH SOLE 51251 0 0
ENRON CORP COM 293561106 4061 63201 SH SOLE 63201 0 0
ENSCO INTERNATIONAL INC COM 26874Q100 899 67521 SH SOLE 67521 0 0
ENTERGY CORP (NEW) COM 29364G103 968 35199 SH SOLE 35199 0 0
ENZO BIOCHEM INCORPORATED COM 294100102 112 11967 SH SOLE 11967 0 0
EQUIFAX INCORPORATED COM 294429105 1127 32784 SH SOLE 32784 0 0
EQUITY INNS INC COM 294703103 112 13200 SH SOLE 13200 0 0
ESTERLINE TECHNOLOGIES CORP COM 297425100 183 14122 SH SOLE 14122 0 0
ETHYL CORPORATION COM 297659104 237 55813 SH SOLE 55813 0 0
EVEREST REINSURANCE HOLDING COM 299808105 948 30400 SH SOLE 30400 0 0
EXCITE INC. COM 300904109 812 5800 SH SOLE 5800 0 0
EXECUTIVE RISK, INC COM 301586103 234 3300 SH SOLE 3300 0 0
EXODUS COMMUNICATIONS INC COM 302088109 390 2900 SH SOLE 2900 0 0
EXPRESS SCRIPTS INC CL A COM 302182100 645 7500 SH SOLE 7500 0 0
EXTENDED STAY AMERICAN INC COM 30224P101 178 17495 SH SOLE 17495 0 0
EXXON CORP COM 302290101 35526 503470 SH SOLE 503470 0 0
F M C CORPORATION (NEW) COM 302491303 431 8720 SH SOLE 8720 0 0
FAIRFIELD COMMUNICATIONS INC COM 304231301 99 11100 SH SOLE 11100 0 0
FAMILY DOLLAR STORES COM 307000109 2226 96776 SH SOLE 96776 0 0
FASTENALL COM 311900104 655 18674 SH SOLE 18674 0 0
FDX CORP COM 31304N107 3268 35139 SH SOLE 35139 0 0
FEDERAL HOME LOAN MTG CORP COM 313400301 8181 142744 SH SOLE 142744 0 0
FEDERAL MOGUL CORPORATION COM 313549107 1484 34721 SH SOLE 34721 0 0
FEDERAL NATIONAL MORTGAGE COM 313586109 14624 211178 SH SOLE 211178 0 0
FEDERAL SIGNAL CORP COM 313855108 416 19913 SH SOLE 19913 0 0
FEDERATED DEPT. STORES INC. COM 31410H101 2377 59248 SH SOLE 59248 0 0
FERRO CORPORATION COM 315405100 598 24178 SH SOLE 24178 0 0
FIDELITY NATL FINANCIAL COM 316326107 170 11316 SH SOLE 11316 0 0
FIFTH THIRD BANCORP COM 316773100 3580 54300 SH SOLE 54300 0 0
FINOVA GROUP INC COM 317928109 1553 29936 SH SOLE 29936 0 0
FIRST AMERICAN FINANCIAL CORP COM 318522307 183 11550 SH SOLE 11550 0 0
FIRST CTZNS BANCSHARES INC NC COM 31946M103 243 3000 SH SOLE 3000 0 0
FIRST DATA CORP COM 319963104 3997 93505 SH SOLE 93505 0 0
FIRST ENERGY CORP COM 337932107 930 33218 SH SOLE 33218 0 0
FIRST HEALTH GROUP CORP COM 320960107 501 31219 SH SOLE 31219 0 0
FIRST INDUSTRIAL REALTY TR COM 32054K103 227 9500 SH SOLE 9500 0 0
FIRST SEC CORP COM 336294103 1817 94080 SH SOLE 94080 0 0
FIRST SENTINEL BANCORP INC COM 33640T103 112 14014 SH SOLE 14014 0 0
FIRST TENNESSEE NATIONAL CORP COM 337162101 2288 62478 SH SOLE 62478 0 0
FIRST UNION CORPORATION COM 337358105 9993 187004 SH SOLE 187004 0 0
FIRST UNION REAL ESTATE EQUIT COM 337400105 74 16800 SH SOLE 16800 0 0
FIRST VIRGINIA BANKS INC COM 337477103 1130 24728 SH SOLE 24728 0 0
FIRSTAR CORP COM 33763V109 4591 51300 SH SOLE 51300 0 0
FISERVE INC COM 337738108 2348 43794 SH SOLE 43794 0 0
FLECTHER CHALLENGE ENERGY ADR COM 339318107 240 12600 SH SOLE 12600 0 0
FLEET FINANCIAL GROUP, INC. COM 338915101 3911 103945 SH SOLE 103945 0 0
FLORIDA PROGRESS CORPORATION COM 341109106 1783 47242 SH SOLE 47242 0 0
FLOWERS INDUSTRIES INC COM 343496105 1238 50291 SH SOLE 50291 0 0
FLOWSERVE CORP. COM 34354P105 362 23292 SH SOLE 23292 0 0
FLUOR CORPORATION COM 343861100 625 23162 SH SOLE 23162 0 0
FORD MOTOR COMPANY COM 345370100 14681 258987 SH SOLE 258987 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 1999 Page 9 of 23
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
- ------------------------------ ------------------ --------- --------- ------------------ ------- -------- ---------------------
Value Shrs or SH/ PUT/ Other
Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None
- ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
FORE SYSTEMS INC COM 345449102 1079 57045 SH SOLE 57045 0 0
FOREST LABORATORIES INC COM 345838106 2297 40749 SH SOLE 40749 0 0
FORT JAMES CORP COM 347471104 1315 41509 SH SOLE 41509 0 0
FORTUNE BRANDS INC COM 349631101 1327 34462 SH SOLE 34462 0 0
FOUNDATION HEALTH SYSTEMS COM 350404109 756 62034 SH SOLE 62034 0 0
FPL GROUP INCORPORATED COM 302571104 1886 35413 SH SOLE 35413 0 0
FRANCHISE FINANCE CORP OF AME COM 351807102 351 16646 SH SOLE 16646 0 0
FRANKLIN RESOURCES INC COM 354613101 1251 44488 SH SOLE 44488 0 0
FRED MEYER INC COM 592907109 1601 27186 SH SOLE 27186 0 0
FREEPORT MCMORAN COPPER & COM 35671D857 360 33078 SH SOLE 33078 0 0
FRONTIER CORP COM 35906P105 1921 37034 SH SOLE 37034 0 0
FRUIT OF THE LOOM LTD COM G3682L105 369 34280 SH SOLE 34280 0 0
FURNITURE BRANDS INTL INC COM 360921100 460 20800 SH SOLE 20800 0 0
G & K SERVICES INCORPORATED COM 361268105 208 4500 SH SOLE 4500 0 0
GANNETT COMPANY INCORPORATED COM 364730101 4275 67852 SH SOLE 67852 0 0
GAP INCORPORATED COM 364760108 7658 113770 SH SOLE 113770 0 0
GATEWAY 2000 INC COM 367833100 2117 30879 SH SOLE 30879 0 0
GATX CORPORATION COM 361448103 802 24364 SH SOLE 24364 0 0
GAYLORD CONTAINER CORP CL A COM 368145108 93 12400 SH SOLE 12400 0 0
GEN COMM INC CLASS A COM 369385109 57 12500 SH SOLE 12500 0 0
GENCORP INCORPORATED COM 368682100 473 26293 SH SOLE 26293 0 0
GENERAL DYNAMICS CORPORATION COM 369550108 1509 23493 SH SOLE 23493 0 0
GENERAL ELECTRIC COMPANY COM 369604103 76474 691287 SH SOLE 691287 0 0
GENERAL GROWTH PROPERTIES INC COM 370021107 261 8050 SH SOLE 8050 0 0
GENERAL INSTRUMENT CORP COM 370120107 1036 34169 SH SOLE 34169 0 0
GENERAL MILLS INCORPORATED COM 370334104 2764 36583 SH SOLE 36583 0 0
GENERAL MTRS CORP COM 370442105 12209 140331 SH SOLE 140331 0 0
GENERAL NUTRITION COS INC COM 37047F103 467 33369 SH SOLE 33369 0 0
GENERAL SEMICONDUCTOR INC COM 370787103 119 16400 SH SOLE 16400 0 0
GENIUNE PARTS COMPANY COM 372460105 876 30400 SH SOLE 30400 0 0
GENSIA SICOR, INC COM 372450106 72 25650 SH SOLE 25650 0 0
GENTEX CORPORATION COM 371901109 313 14530 SH SOLE 14530 0 0
GENZYME CORP COM 372917104 2072 41075 SH SOLE 41075 0 0
GEORGE A HORMEL & COMPANY COM 440452100 1332 37399 SH SOLE 37399 0 0
GEORGIA GULF CORP COM 373200203 166 14824 SH SOLE 14824 0 0
GEORGIA PACIFIC (TIMBER) CORP COM 373298702 992 44225 SH SOLE 44225 0 0
GEORGIA PACIFIC CORPORATION COM 373298108 1177 15858 SH SOLE 15858 0 0
GETCHELL GOLD CORP COM 374265106 293 11200 SH SOLE 11200 0 0
GETTY REALTY CORP COM 374297109 134 10700 SH SOLE 10700 0 0
GILEAD SCIENCES INC COM 375558103 305 6700 SH SOLE 6700 0 0
GILLETTE COMPANY COM 375766102 13003 218762 SH SOLE 218762 0 0
GLATFELTER COMPANY COM 377316104 281 25130 SH SOLE 25130 0 0
GLENAYRE TECHNOLOGIES, INC COM 377899109 92 26766 SH SOLE 26766 0 0
GLENBOROUGH REALTY TRUST COM 37803P105 241 14200 SH SOLE 14200 0 0
GLOBAL MARINE COM 379352404 990 84251 SH SOLE 84251 0 0
GOLDEN WEST FINANCIAL CORP COM 381317106 905 9476 SH SOLE 9476 0 0
GOODYEAR TIRE & RUBR CO COM 382550101 1507 30253 SH SOLE 30253 0 0
GPU INC COM 36225X100 1196 32042 SH SOLE 32042 0 0
GRANITE CONSTRUCTION INC COM 387328107 422 18058 SH SOLE 18058 0 0
GREENPOINT FINANCIAL CORP COM 395384100 1574 45285 SH SOLE 45285 0 0
GREY WOLF INC COM 397888108 125 87000 SH SOLE 87000 0 0
GRUBB & ELLIS CO COM 400095204 110 16600 SH SOLE 16600 0 0
GTE CORPORATION COM 362320103 12691 209763 SH SOLE 209763 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 1999 Page 10 of 23
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
- ------------------------------ ------------------ --------- --------- ------------------ ------- -------- ---------------------
Value Shrs or SH/ PUT/ Other
Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None
- ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
GTECH HLDGS CORP COM 400518106 695 28501 SH SOLE 28501 0 0
GUIDANT CORP COM 401698105 4066 67210 SH SOLE 67210 0 0
GULFSTREAM AEROSPACE CORP COM 402734107 1598 36835 SH SOLE 36835 0 0
H.B.FULLER COMPANY COM 359694106 580 9837 SH SOLE 9837 0 0
H.J.HEINZ COMPANY COM 423074103 3485 73558 SH SOLE 73558 0 0
HALLIBURTON CO (HOLDING CO) COM 406216101 3752 97446 SH SOLE 97446 0 0
HANNA M A CO COM 410522106 303 23687 SH SOLE 23687 0 0
HANNAFORD BROTHERS INC COM 410550107 664 14618 SH SOLE 14618 0 0
HANOVER DIRECT INC DE COM 410783104 152 54100 SH SOLE 54100 0 0
HARCOURT GENERAL COM 41163G101 1031 23257 SH SOLE 23257 0 0
HARKEN ENERGY CORP COM 412552101 94 57700 SH SOLE 57700 0 0
HARLEY DAVIDSON INCORPORATED COM 412822108 4349 75799 SH SOLE 75799 0 0
HARRAHS ENT. INC. COM 413619107 642 33667 SH SOLE 33667 0 0
HARRIS CORPORATION COM 413875105 391 13669 SH SOLE 13669 0 0
HARSCO CORPORATION COM 415864107 527 20941 SH SOLE 20941 0 0
HARTFORD FINANCIAL SVCS GRP COM 416515104 2764 48656 SH SOLE 48656 0 0
HASBRO INCORPORATED COM 418056107 1342 46377 SH SOLE 46377 0 0
HCR MANOR CARE COM 404134108 480 21046 SH SOLE 21046 0 0
HEALTH MGMT ASSOC INC COM 421933102 1527 125272 SH SOLE 125272 0 0
HEALTHSOUTH REHABILITATION COM 421924101 878 84588 SH SOLE 84588 0 0
HECLA MINING COMPANY COM 422704106 64 23800 SH SOLE 23800 0 0
HEILIG MEYERS COMPANY COM 422893107 199 38302 SH SOLE 38302 0 0
HELMERICH & PAYNE INCORPORATE COM 423452101 407 17923 SH SOLE 17923 0 0
HERCULES INCORPORATED COM 427056106 385 15253 SH SOLE 15253 0 0
HERSHEY FOODS CORP COM 427866108 1554 27719 SH SOLE 27719 0 0
HESKA CORP COM 42805E108 37 11500 SH SOLE 11500 0 0
HEWLETT-PACKARD INCORPORATED COM 428236103 14009 206578 SH SOLE 206578 0 0
HIBERNIA CORP CL A COM 428656102 995 75470 SH SOLE 75470 0 0
HILLENBRAND INDUSTRIES INC COM 431573104 1520 32901 SH SOLE 32901 0 0
HILTON HOTELS CORPORATION COM 432848109 492 34968 SH SOLE 34968 0 0
HOME DEPOT INCORPORATED COM 437076102 18328 294418 SH SOLE 294418 0 0
HOMEBASE INC COM 43738E108 70 15800 SH SOLE 15800 0 0
HOMESTAKE MNG CO COM 437614100 191 22186 SH SOLE 22186 0 0
HOMESTEAD VILLAGE COM 437851108 29 11900 SH SOLE 11900 0 0
HON INDUSTRIES INCORPORATED COM 438092108 408 18600 SH SOLE 18600 0 0
HONEYWELL INCORPORATED COM 438506107 2316 30546 SH SOLE 30546 0 0
HORACE MANN EDUCATORS CORP COM 440327104 473 20400 SH SOLE 20400 0 0
HOSPITALITY PROPERTIES TRUST COM 44106M102 259 9579 SH SOLE 9579 0 0
HOST MARRIOTT SERVICES CORP. COM 440914109 68 10086 SH SOLE 10086 0 0
HOUGHTON MIFFLIN COMPANY COM 441560109 823 17557 SH SOLE 17557 0 0
HOUSEHOLD INTERNATIONAL INC COM 441815107 5587 122459 SH SOLE 122459 0 0
HSB GROUP INC COM 40428N109 316 8501 SH SOLE 8501 0 0
HUBBELL INC CLASS B COM 443510201 1278 31942 SH SOLE 31942 0 0
HUBCO INCORPORATED COM 404382103 247 7346 SH SOLE 7346 0 0
HUMANA INC COM 444859102 644 37318 SH SOLE 37318 0 0
HUNTINGTON BANCSHARES COM 446150104 1224 39564 SH SOLE 39564 0 0
HUSSMAN INTERNATIONAL COM 448110106 163 11067 SH SOLE 11067 0 0
I B P INC COM 449223106 894 47997 SH SOLE 47997 0 0
I M C GLOBAL INC COM 449669100 947 46331 SH SOLE 46331 0 0
ICG COMMUNICATIONS COM 449246107 206 10300 SH SOLE 10300 0 0
ICN PHARM. COM 448924100 937 37281 SH SOLE 37281 0 0
ICOS CORP COM 449295104 222 6592 SH SOLE 6592 0 0
IDACORP INC COM 451107106 399 13539 SH SOLE 13539 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 1999 Page 11 of 23
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
- ------------------------------ ------------------ --------- --------- ------------------ ------- -------- ---------------------
Value Shrs or SH/ PUT/ Other
Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None
- ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
IKON OFFICE SOLUTIONS COM 451713101 332 25943 SH SOLE 25943 0 0
ILLINOIS TOOLS WORKS INC COM 452308109 2941 47527 SH SOLE 47527 0 0
ILLINOVA CORP HLDGS COM 452317100 877 41412 SH SOLE 41412 0 0
IMATION CORP. COM 45245A107 305 18514 SH SOLE 18514 0 0
IMC MORTGAGE CO COM 449923101 2 12800 SH SOLE 12800 0 0
IMS HEALTH CO COM 449934108 2337 70536 SH SOLE 70536 0 0
INACOM CORP COM 45323G109 103 13332 SH SOLE 13332 0 0
INCO LIMITED COM 453258402 454 34086 SH SOLE 34086 0 0
INDEPENDENCE COMMUNITY BANK COM 453414104 370 28700 SH SOLE 28700 0 0
INDIANA ENERGY INC COM 454707100 327 17287 SH SOLE 17287 0 0
INDUS INTERNATIONAL INC COM 45578L100 47 10600 SH SOLE 10600 0 0
INFORMATION RESOURCES INC COM 456905108 131 20405 SH SOLE 20405 0 0
INFORMIX CORP COM 456779107 935 126789 SH SOLE 126789 0 0
INFOSEEK CORP COM 45678M107 373 5035 SH SOLE 5035 0 0
INGERSOLL-RAND COMPANY COM 456866102 1366 27530 SH SOLE 27530 0 0
INNKEEPERS USA TRUST COM 4576J0104 111 11900 SH SOLE 11900 0 0
INPRISE CORP COM 45766C102 124 32050 SH SOLE 32050 0 0
INSIGNIA FINANCIAL GROUP INC COM 45767A105 195 13900 SH SOLE 13900 0 0
INTEGRATED DEVICE TECHNOLOGY COM 458118106 423 78328 SH SOLE 78328 0 0
INTEL CORP COM 458140100 42430 356927 SH SOLE 356927 0 0
INTERDIGITAL COMMUNICATIONS COM 45866A105 78 18000 SH SOLE 18000 0 0
INTERNATIONAL BANCSHARES COM 459044103 245 5700 SH SOLE 5700 0 0
INTERNATIONAL GAME TECHNOLOGY COM 459902102 757 51760 SH SOLE 51760 0 0
INTERNATIONAL MULTIFOODS CORP COM 460043102 286 12279 SH SOLE 12279 0 0
INTERNATIONAL PAPER COMPANY COM 460146103 2495 59150 SH SOLE 59150 0 0
INTERNATIONAL RECTIFIER CORP COM 460254105 112 16060 SH SOLE 16060 0 0
INTERPUBLIC GROUP OF COMPANIE COM 460690100 2178 27973 SH SOLE 27973 0 0
INTERSTATE BAKERIES CORP DEL COM 46072H108 727 33728 SH SOLE 33728 0 0
INTERSTATE ENERGY CORP COM 460845100 936 35158 SH SOLE 35158 0 0
INTL BUSINESS MACHINES INC COM 459200101 33730 190299 SH SOLE 190299 0 0
INTL FLAVORS & FRAGRANCES INC COM 459506101 564 15014 SH SOLE 15014 0 0
INTL NETWORK SERVICES COM 460053101 314 4489 SH SOLE 4489 0 0
INTUIT INC COM 461202103 3266 32099 SH SOLE 32099 0 0
IPALCO ENTERPRISES COM 462613100 971 44250 SH SOLE 44250 0 0
IRI INTERNATIONAL CORP COM 45004F107 58 14318 SH SOLE 14318 0 0
IRT PROPERTY CO COM 450058102 206 23423 SH SOLE 23423 0 0
IRVINE APT CMNTYS INC COM 463606103 378 11500 SH SOLE 11500 0 0
ITC DELTACOM INC COM 45031T104 207 9500 SH SOLE 9500 0 0
ITT INDUSTRIES INC COM 450911102 690 19507 SH SOLE 19507 0 0
IVAX CORP FORMERLY IVACO INDS COM 465823102 920 77896 SH SOLE 77896 0 0
IXC COMMUNICATIONS INC COM 450713102 275 6000 SH SOLE 6000 0 0
J B HUNT TRANSPORT SERVICES COM 445658107 437 20805 SH SOLE 20805 0 0
J P MORGAN & COMPANY INC COM 616880100 4875 39517 SH SOLE 39517 0 0
JABIL CIRCUIT INC COM 466313103 365 9000 SH SOLE 9000 0 0
JACOBS ENGINEERING GROUP INC COM 469814107 621 15740 SH SOLE 15740 0 0
JDN RLTY CORP COM 465917102 212 10642 SH SOLE 10642 0 0
JEFFERSON PILOT CORP COM 475070108 1526 22527 SH SOLE 22527 0 0
JOHNSON & JOHNSON INCORPORATE COM 478160104 26578 284255 SH SOLE 284255 0 0
JOHNSON CONTROLS INCORPORATED COM 478366107 700 11223 SH SOLE 11223 0 0
JONES APPAREL GROUP INC COM 480074103 1439 51517 SH SOLE 51517 0 0
K MART CORPORATION COM 482584109 1771 105357 SH SOLE 105357 0 0
K N ENERGY COM 482620101 661 33153 SH SOLE 33153 0 0
K2 INC COM 482732104 81 10300 SH SOLE 10300 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 1999 Page 12 of 23
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
- ------------------------------ ------------------ --------- --------- ------------------ ------- -------- ---------------------
Value Shrs or SH/ PUT/ Other
Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None
- ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
KAISER ALUMINUM CORP COM 483007100 70 12946 SH SOLE 12946 0 0
KANSAS CITY PWR & LIGHT CO COM 485134100 536 21763 SH SOLE 21763 0 0
KANSAS CITY SOUTHN INDS INC COM 485170104 8116 142378 SH SOLE 142378 0 0
KAUFMAN & BROAD HOME CORP COM 486168107 521 23085 SH SOLE 23085 0 0
KAYDON CORPORATION COM 486587108 536 18518 SH SOLE 18518 0 0
KEANE INC COM 486665102 775 36345 SH SOLE 36345 0 0
KELLOGG CO COM 487836108 3889 115016 SH SOLE 115016 0 0
KELLWOOD COMPANY COM 488044108 203 9220 SH SOLE 9220 0 0
KELLY OIL & GAS CORP. COM 487906109 44 81950 SH SOLE 81950 0 0
KELLY SERVICES CLASS A COM 488152208 459 16526 SH SOLE 16526 0 0
KENNAMETAL INC COM 489170100 216 12255 SH SOLE 12255 0 0
KEYCORP (NEW) COM 493267108 2689 88715 SH SOLE 88715 0 0
KEYSPAN ENERGY CORP COM 49337K106 1609 64052 SH SOLE 64052 0 0
KEYSTONE FINANCIAL INC COM 493482103 832 25800 SH SOLE 25800 0 0
KILROY REALTY CORP COM 49427F108 227 11084 SH SOLE 11084 0 0
KIMBERLY-CLARK CORPORATION COM 494368103 5403 112714 SH SOLE 112714 0 0
KING WORLD PRODUCTIONS INC COM 495667107 374 12238 SH SOLE 12238 0 0
KLA INSTRUMENTS CORP COM 482480100 964 19849 SH SOLE 19849 0 0
KNIGHT RIDDER INC COM 499040103 1059 21187 SH SOLE 21187 0 0
KOHLS CORP COM 500255104 2034 28699 SH SOLE 28699 0 0
KOMAG INC COM 500453105 51 11691 SH SOLE 11691 0 0
KROGER COMPANY COM 501044101 3160 52770 SH SOLE 52770 0 0
L-3 COMMUNICATIONS HLDGS COM 502424104 254 5500 SH SOLE 5500 0 0
LA Z BOY CHAIR CO COM 505336107 196 10400 SH SOLE 10400 0 0
LABORATORY CORP OF AMERICA COM 50540R102 19 10957 SH SOLE 10957 0 0
LAIDLAW INC COM 50730K503 324 55729 SH SOLE 55729 0 0
LAM RESEARCH CORP COM 512807108 245 8450 SH SOLE 8450 0 0
LANCASTER COLONY CORP COM 513847103 508 19089 SH SOLE 19089 0 0
LANCE INCORPORATED COM 514606102 417 25667 SH SOLE 25667 0 0
LANDS END INC COM 515086106 495 14300 SH SOLE 14300 0 0
LASER MORTGAGE MANAGEMENT INC COM 51806D100 178 32700 SH SOLE 32700 0 0
LATTICE SEMICONDUCTOR CORP COM 518415104 214 4700 SH SOLE 4700 0 0
LAWTER INTERNATIONAL INC COM 520786104 129 18481 SH SOLE 18481 0 0
LEAR CORPORATION COM 521865105 1528 35794 SH SOLE 35794 0 0
LEGATO SYSTEM INC COM 524651106 1391 26950 SH SOLE 26950 0 0
LEGGETT & PLATT INCORPORATED COM 524660107 1928 96418 SH SOLE 96418 0 0
LEHMAN BROTHERS HLDGS INC COM 524908100 1292 21623 SH SOLE 21623 0 0
LEVEL 3 COMMUNICATIONS INC COM 52729N100 402 5519 SH SOLE 5519 0 0
LEVEL ONE COMMUNICATIONS INC COM 527295109 372 7650 SH SOLE 7650 0 0
LEXMARK INTL. GROUP CL A COM 529771107 3924 35073 SH SOLE 35073 0 0
LG&E ENERGY CORP COM 501917108 1314 63130 SH SOLE 63130 0 0
LIMITED INCORPORATED COM 532716107 1803 45490 SH SOLE 45490 0 0
LINCARE HOLDINGS INC COM 532791100 832 29584 SH SOLE 29584 0 0
LINCOLN NATIONAL CORPORATION COM 534187109 1868 18895 SH SOLE 18895 0 0
LINEAR TECHNOLOGY CORP COM 535678106 4042 78878 SH SOLE 78878 0 0
LINENS 'N THINGS COM 535679104 377 8300 SH SOLE 8300 0 0
LITTON INDUSTRIES INCORPORATE COM 538021106 1277 22001 SH SOLE 22001 0 0
LIZ CLAIBORNE INC COM 539320101 587 18007 SH SOLE 18007 0 0
LOCKHEED MARTIN CORP COM 539830109 2886 76460 SH SOLE 76460 0 0
LODGIAN INC COM 54021P106 53 11900 SH SOLE 11900 0 0
LOEWS CORPORATION COM 540424108 1709 22896 SH SOLE 22896 0 0
LONESTAR STEAKHOUSE SALOON COM 542307103 252 24620 SH SOLE 24620 0 0
LONGS DRUG STORES INC COM 543162101 384 12619 SH SOLE 12619 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 1999 Page 13 of 23
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
- ------------------------------ ------------------ --------- --------- ------------------ ------- -------- ---------------------
Value Shrs or SH/ PUT/ Other
Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None
- ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
LONGVIEW FIBER COMPANY COM 543213102 410 35487 SH SOLE 35487 0 0
LOUIS DREYFUS NAT GAS CP COM 546011107 175 12084 SH SOLE 12084 0 0
LOUISIANA-PACIFIC CORPORATION COM 546347105 214 11486 SH SOLE 11486 0 0
LOWES COS INCORPORATED COM 548661107 4937 81599 SH SOLE 81599 0 0
LSI LOGIC CORPORATION COM 502161102 871 27942 SH SOLE 27942 0 0
LTV CORP COM 501921100 116 21500 SH SOLE 21500 0 0
LUBRIZOL CORPORATION COM 549271104 583 25902 SH SOLE 25902 0 0
LUCENT TECHNOLGY COM 549463107 29642 274460 SH SOLE 274460 0 0
LYCOS INC COM 550818108 840 9763 SH SOLE 9763 0 0
LYONDELL PETROCHEMICAL CO COM 552078107 413 30186 SH SOLE 30186 0 0
M B I A INC COM 55262C100 1597 27541 SH SOLE 27541 0 0
MACMILLAN BLOEDEL LTD COM 554783209 356 32200 SH SOLE 32200 0 0
MACROMEDIA INC COM 556100105 322 7103 SH SOLE 7103 0 0
MAGNA INTL INC CL A SUB VOTIN COM 559222401 644 11100 SH SOLE 11100 0 0
MAGNETEK INC COM 559424106 238 28459 SH SOLE 28459 0 0
MAIL-WELL INC COM 560321200 151 11300 SH SOLE 11300 0 0
MALLINCKRODT INC COM 561232109 559 21008 SH SOLE 21008 0 0
MANPOWER INC COM 56418H100 892 38148 SH SOLE 38148 0 0
MARINE DRILLING CO. INC COM 568240204 116 10567 SH SOLE 10567 0 0
MARINER POST ACUTE NETWORK COM 568459101 33 15027 SH SOLE 15027 0 0
MARK IV INDUSTRIES INC COM 570387100 562 43207 SH SOLE 43207 0 0
MARRIOTT INTL CLASS A COM 571903202 1292 38423 SH SOLE 38423 0 0
MARSH & MCLENNAN COMPANIES IN COM 571748102 3588 48328 SH SOLE 48328 0 0
MARSHALL & ISLEY CORPORATION COM 571834100 2986 53855 SH SOLE 53855 0 0
MARTIN MARIETTA MATERIALS INC COM 573284106 972 17038 SH SOLE 17038 0 0
MASCO CORP DEL COM 574599106 2064 73067 SH SOLE 73067 0 0
MASCOTECH INC COM 574670105 197 12680 SH SOLE 12680 0 0
MATTEL INC COM 577081102 1057 42381 SH SOLE 42381 0 0
MAXIM GROUP INC (THE) COM 57772J104 86 10134 SH SOLE 10134 0 0
MAXIM INTEGRATED PRODS INC COM 57772K101 3797 70152 SH SOLE 70152 0 0
MAXXAM INC FORMERLY COM 577913106 256 5090 SH SOLE 5090 0 0
MAY DEPARTMENT STORES CO COM 577778103 2549 65157 SH SOLE 65157 0 0
MAYTAG COMPANY COM 578592107 1003 16615 SH SOLE 16615 0 0
MBNA CORP COM 55262L100 3872 162175 SH SOLE 162175 0 0
MCCORMICK & COMPANY INC COM 579780206 1070 36905 SH SOLE 36905 0 0
MCDERMOTT INTERNATIONAL INC COM 580037109 276 10900 SH SOLE 10900 0 0
MCDONALDS CORPORATION COM 580135101 13428 296350 SH SOLE 296350 0 0
MCGRAW HILL INC COM 580645109 1191 21858 SH SOLE 21858 0 0
MCI WORLDCOM INC COM 55268B106 34619 390897 SH SOLE 390897 0 0
MCKESSON HBOC INC COM 58155Q103 3751 56829 SH SOLE 56829 0 0
MCN ENERGY GROUP INC. COM 55267J100 610 37990 SH SOLE 37990 0 0
MDU RESOURCES GROUP COM 552690109 232 10150 SH SOLE 10150 0 0
MEAD CORPORATION COM 582834107 362 11759 SH SOLE 11759 0 0
MEDAPHIS CORP COM 584028104 110 45246 SH SOLE 45246 0 0
MEDIA GENERAL INC CLASS A COM 584404107 832 17886 SH SOLE 17886 0 0
MEDIAONE GROUP INC COM 58440J104 8106 127781 SH SOLE 127781 0 0
MEDICIS PHARMACEUT CORP COM 584690309 212 7056 SH SOLE 7056 0 0
MEDIMMUNE INC COM 584699102 606 10240 SH SOLE 10240 0 0
MEDTRONIC INCORPORATED COM 585055106 8645 120278 SH SOLE 120278 0 0
MELLON BANK CORP COM 585509102 3387 48128 SH SOLE 48128 0 0
MENTOR GRAPHICS CORP COM 587200106 616 45666 SH SOLE 45666 0 0
MERCANTILE BANCORPORATION INC COM 587342106 1251 26344 SH SOLE 26344 0 0
MERCANTILE BANKSHARES CORP COM 587405101 1301 35156 SH SOLE 35156 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 1999 Page 14 of 23
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
- ------------------------------ ------------------ --------- --------- ------------------ ------- -------- ---------------------
Value Shrs or SH/ PUT/ Other
Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None
- ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
MERCK & CO. INC COM 589331107 39913 498140 SH SOLE 498140 0 0
MERCURY INTERACTIVE CP COM 589405109 249 7000 SH SOLE 7000 0 0
MEREDITH CORP COM 589433101 292 9300 SH SOLE 9300 0 0
MERISEL INC COM 589849108 70 52400 SH SOLE 52400 0 0
MERITOR AUTOMOTIVE INC COM 59000G100 561 36219 SH SOLE 36219 0 0
MERRILL LYNCH & CO INC COM 590188108 6638 75007 SH SOLE 75007 0 0
METAL MANAGEMENT COM 591097100 20 12800 SH SOLE 12800 0 0
METRO MEDIA FIBER COM 591689104 254 4900 SH SOLE 4900 0 0
METROMEDIA INTL GROUP INC COM 591695101 69 14226 SH SOLE 14226 0 0
MGIC INVESTMENT CORP WIS COM 552848103 766 21834 SH SOLE 21834 0 0
MICRO WAREHOUSE INC COM 59501B105 382 23696 SH SOLE 23696 0 0
MICROCHIP TECHNOLOGY INC COM 595017104 1269 36652 SH SOLE 36652 0 0
MICRON TECHNOLOGY INC COM 595112103 2474 51337 SH SOLE 51337 0 0
MICROSOFT CORP COM 594918104 96663 1078523 SH SOLE 1078523 0 0
MID ATLANTIC MEDICAL SVCS INC COM 59523C107 106 10500 SH SOLE 10500 0 0
MID-AMER APT CMNTYS INC COM 59522J103 295 13792 SH SOLE 13792 0 0
MIDAMERICAN ENERGY HOLDINGS C COM 59562V107 799 28529 SH SOLE 28529 0 0
MIDAS INC COM 595626102 228 6824 SH SOLE 6824 0 0
MILLENNIUM PHARMACTCUAL COM 599902103 219 7000 SH SOLE 7000 0 0
MILLER HERMAN INC COM 600544100 773 42349 SH SOLE 42349 0 0
MILLIPORE CORPORATION COM 601073109 574 23798 SH SOLE 23798 0 0
MINDSPRING ENTERPRISES INC COM 602683104 327 3800 SH SOLE 3800 0 0
MINERALS TECHNOLOGIES INC COM 603158106 817 17030 SH SOLE 17030 0 0
MINNESOTA MINING & MFG CO COM 604059105 5955 84168 SH SOLE 84168 0 0
MINNESOTA POWER & LIGHT CO COM 604110106 725 36706 SH SOLE 36706 0 0
MIRAGE RESORTS INC COM 60462E104 760 35778 SH SOLE 35778 0 0
MOBIL CORPORATION COM 607059102 14794 168116 SH SOLE 168116 0 0
MODINE MANUFACTURING COMPANY COM 607828100 457 16299 SH SOLE 16299 0 0
MODIS PROFESSIONAL SERVICES COM 607830106 465 51291 SH SOLE 51291 0 0
MOLEX INC COM 608554101 2363 80433 SH SOLE 80433 0 0
MONACO COACH CORP COM 60886R103 211 9161 SH SOLE 9161 0 0
MONSANTO COMPANY COM 611662107 5662 123260 SH SOLE 123260 0 0
MONTANA POWER COMPANY COM 612085100 1956 26593 SH SOLE 26593 0 0
MOORE CORPORATION LIMITED COM 615785102 269 27248 SH SOLE 27248 0 0
MORGAN ST DEAN WITTER DISCOVE COM 617446448 12096 121040 SH SOLE 121040 0 0
MORTON INTERNATIONAL INC COM 619335102 1813 49327 SH SOLE 49327 0 0
MOTOROLA INCORPORATED COM 620076109 8867 121052 SH SOLE 121052 0 0
MUELLER INDUSTRIES INC COM 624756102 283 12658 SH SOLE 12658 0 0
MURPHY OIL CORPORATION COM 626717102 786 18951 SH SOLE 18951 0 0
MYLAN LABS INCORPORATED COM 628530107 1727 62945 SH SOLE 62945 0 0
NABORS INDS INC COM 629568106 879 48305 SH SOLE 48305 0 0
NAC RE CORP COM 628907107 424 7900 SH SOLE 7900 0 0
NATIONAL BK CDA MONTREAL QUE COM 633067103 201 13700 SH SOLE 13700 0 0
NATIONAL CITY BANCSHARES INC COM 635313109 300 12256 SH SOLE 12256 0 0
NATIONAL CITY CORP COM 635405103 4737 71374 SH SOLE 71374 0 0
NATIONAL DATA CORP COM 635621105 268 6383 SH SOLE 6383 0 0
NATIONAL FUEL GAS COMPANY COM 636180101 760 19357 SH SOLE 19357 0 0
NATIONAL PROCESSING INC COM 637229105 218 48400 SH SOLE 48400 0 0
NATIONAL SEMICONDUCTOR COM 637640103 413 44357 SH SOLE 44357 0 0
NAVISTAR INTL CORP (NEW) COM 63934E108 762 18967 SH SOLE 18967 0 0
NBTY INC COM 628782104 76 15600 SH SOLE 15600 0 0
NCR CORP COM 62886E108 2328 46560 SH SOLE 46560 0 0
NETWORK APPLIANCE INC COM 64120L104 695 13719 SH SOLE 13719 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 1999 Page 15 of 23
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
- ------------------------------ ------------------ --------- --------- ------------------ ------- -------- ---------------------
Value Shrs or SH/ PUT/ Other
Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None
- ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
NETWORK EQUIPMENT TECHNOLOGIE COM 641208103 124 13893 SH SOLE 13893 0 0
NETWORKS ASSOCIATES INC COM 640938106 2075 67617 SH SOLE 67617 0 0
NEVADA POWER CO COM 641423108 586 23686 SH SOLE 23686 0 0
NEW CENTURY ENERGIES INC. COM 64352U103 562 16500 SH SOLE 16500 0 0
NEW ENGLAND ELECTRIC SYSTEM COM 644001109 1541 31776 SH SOLE 31776 0 0
NEW JERSEY RESOURCES INC COM 646025106 270 7581 SH SOLE 7581 0 0
NEW PLAN EXCEL REALTY TRUST COM 648053106 298 15555 SH SOLE 15555 0 0
NEW YORK TIMES CO CLASS A COM 650111107 781 27400 SH SOLE 27400 0 0
NEWELL RUBBERMAID INC COM 651229106 4030 84842 SH SOLE 84842 0 0
NEWMONT MINING CORP COM 651639106 315 18020 SH SOLE 18020 0 0
NEWPARK RESOURCES INC COM 651718504 144 19800 SH SOLE 19800 0 0
NEWPORT NEWS SHIPBUILDING COM 652228107 711 22428 SH SOLE 22428 0 0
NEXTEL COMMUNICATIONS INC CL COM 65332V103 2478 67648 SH SOLE 67648 0 0
NIAGRA MOHAWK HOLDINGS INC COM 653520106 558 41548 SH SOLE 41548 0 0
NICOR INCORPORATED COM 654086107 832 23154 SH SOLE 23154 0 0
NIKE INCORPORATED CLASS B COM 654106103 3371 58433 SH SOLE 58433 0 0
NINE WEST GROUP INC COM 65440D102 694 28101 SH SOLE 28101 0 0
NIPSCO INDUSTRIES INC FORMERL COM 629140104 1009 37375 SH SOLE 37375 0 0
NOBLE AFFLIATES INCORPORATED COM 654894104 796 27462 SH SOLE 27462 0 0
NOBLE DRILLING CORP COM 655042109 1127 64869 SH SOLE 64869 0 0
NORANDA INC COM 655422103 179 17300 SH SOLE 17300 0 0
NORDSON CORPORATION COM 655663102 512 9188 SH SOLE 9188 0 0
NORDSTROM INCORPORATED COM 655664100 1295 31678 SH SOLE 31678 0 0
NORFOLK SOUTHERN CORPORATION COM 655844108 1638 62109 SH SOLE 62109 0 0
NORTH FORK BANCORPORATION COM 659424105 1505 71259 SH SOLE 71259 0 0
NORTHEAST UTILITIES COMPANY COM 664397106 884 63714 SH SOLE 63714 0 0
NORTHERN STATES POWER CO MINN COM 665772109 1165 50243 SH SOLE 50243 0 0
NORTHERN TELECOM LTD COM 665815106 10550 169816 SH SOLE 169816 0 0
NORTHERN TRUST COMPANY COM 665859104 1949 21945 SH SOLE 21945 0 0
NORTHROP GRUMMAN CORP COM 666807102 1172 19577 SH SOLE 19577 0 0
NORTWESTERN CORP COM 668074107 285 10998 SH SOLE 10998 0 0
NOVA CORP COM 669784100 1335 50859 SH SOLE 50859 0 0
NOVA CORP COM 66978F105 235 15625 SH SOLE 15625 0 0
NOVACARE INC COM 669930109 68 39014 SH SOLE 39014 0 0
NOVELL INC COM 670006105 2014 79958 SH SOLE 79958 0 0
NOVELLUS SYSTEMS INC COM 670008101 387 7012 SH SOLE 7012 0 0
NTL INC COM 629407107 1164 14303 SH SOLE 14303 0 0
NUCOR CORP COM 670346105 660 14971 SH SOLE 14971 0 0
OAK TECHNOLOGIES COM 671802106 58 19050 SH SOLE 19050 0 0
OAKLY INC COM 673662102 72 10400 SH SOLE 10400 0 0
OCCIDENTAL PETROLEUM CORP DEL COM 674599105 1814 100758 SH SOLE 100758 0 0
OCEAN ENERGY INC COM 67481E106 68 10000 SH SOLE 10000 0 0
OCEAN ENERGY INC COM 674812201 353 50425 SH SOLE 50425 0 0
OEA INCORPORATED COM 670826106 145 17539 SH SOLE 17539 0 0
OFFICE DEPOT INC COM 676220106 4821 128764 SH SOLE 128764 0 0
OFFICEMAX INC COM 67622M108 502 58216 SH SOLE 58216 0 0
OGDEN CORPORATION COM 676346109 559 23213 SH SOLE 23213 0 0
OGE ENERGY CORP COM 670837103 848 37570 SH SOLE 37570 0 0
OLD KENT FINANCIAL CORP COM 679833103 2195 51884 SH SOLE 51884 0 0
OLD NATL BANCORP IND COM 680033107 490 10734 SH SOLE 10734 0 0
OLD REPUBLIC INTL CORP COM 680223104 1225 67103 SH SOLE 67103 0 0
OLIN CORPORATION COM 680665205 220 21850 SH SOLE 21850 0 0
OLSTEN CORPORATION COM 681385100 308 49748 SH SOLE 49748 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 1999 Page 16 of 23
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
- ------------------------------ ------------------ --------- --------- ------------------ ------- -------- ---------------------
Value Shrs or SH/ PUT/ Other
Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None
- ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
OMNICARE INCORPORATED COM 681904108 830 43528 SH SOLE 43528 0 0
OMNICOM GROUP COM 681919106 3284 41088 SH SOLE 41088 0 0
ONE VALLEY BANCORP INC COM 682419106 292 8384 SH SOLE 8384 0 0
ORACLE SYSTEMS CORP COM 68389X105 8124 308004 SH SOLE 308004 0 0
ORANGE & ROCKLAND UTILITIES COM 684065105 339 5900 SH SOLE 5900 0 0
OUTBACK STEAKHOUSE INC COM 689899102 1176 35909 SH SOLE 35909 0 0
OVERSEAS SHIPHOLDING GROUP IN COM 690368105 276 23741 SH SOLE 23741 0 0
OWENS & MINOR INC HOLDING CO COM 690732102 111 10987 SH SOLE 10987 0 0
OWENS CORNING NEW COM 69073F103 448 14095 SH SOLE 14095 0 0
OWENS ILLINOIS INC COM 690768403 625 24986 SH SOLE 24986 0 0
OXFORD HEALTH PLANS INC COM 691471106 902 57697 SH SOLE 57697 0 0
P P G INDUSTRIES INC COM 693506107 2200 42928 SH SOLE 42928 0 0
P-COM INC. COM 693262107 76 10000 SH SOLE 10000 0 0
PACCAR COM 693718108 654 15890 SH SOLE 15890 0 0
PACIFIC CENTURY FINANCIAL COR COM 694058108 723 34622 SH SOLE 34622 0 0
PACIFIC GULF PPTS COM 694396102 221 12300 SH SOLE 12300 0 0
PACIFICARE HEALTH SYSTEMS INC COM 695112201 1721 25215 SH SOLE 25215 0 0
PACIFICORP COM 695114108 1043 60484 SH SOLE 60484 0 0
PAGEMART WIRELESS COM 69553J104 63 12900 SH SOLE 12900 0 0
PAINE WEBBER GROUP INC COM 695629105 2918 73178 SH SOLE 73178 0 0
PALL CORPORATION COM 696429307 475 28655 SH SOLE 28655 0 0
PANAVISION INC COM 69830E209 201 22434 SH SOLE 22434 0 0
PAPA JOHN'S INTL INC COM 698813102 792 17950 SH SOLE 17950 0 0
PARAMETRIC TECHNOLOGY CORP COM 699173100 1312 66447 SH SOLE 66447 0 0
PARKER DRILLING COMPANY COM 701081101 286 80264 SH SOLE 80264 0 0
PARKER HANNIFIN CORP COM 701094104 503 14672 SH SOLE 14672 0 0
PAYCHEX INC COM 704326107 1813 38218 SH SOLE 38218 0 0
PAYLESS SHOESOURCE INC. COM 704379106 801 17223 SH SOLE 17223 0 0
PAYMENT TECH INC COM 704384106 275 11656 SH SOLE 11656 0 0
PECO ENERGY INC COM 693304107 2413 52163 SH SOLE 52163 0 0
PENNCORP FINL GROUP COM 708094107 7 12600 SH SOLE 12600 0 0
PENNEY (J.C.) CO COM 708160106 1787 44133 SH SOLE 44133 0 0
PENNZOIL-QUAKER STATE COM 709323109 475 38405 SH SOLE 38405 0 0
PENTAIR INC COM 709631105 621 18394 SH SOLE 18394 0 0
PEOPLES ENERGY CORPORATION COM 711030106 837 25899 SH SOLE 25899 0 0
PEOPLESOFT INC COM 712713106 782 53498 SH SOLE 53498 0 0
PEPSICO INCORPORATED COM 713448108 11969 305435 SH SOLE 305435 0 0
PERKIN ELMER CORPORATION COM 714041100 932 9598 SH SOLE 9598 0 0
PERRIGO CO COM 714290103 426 58771 SH SOLE 58771 0 0
PETRO CANADA COM 71644E102 376 32000 SH SOLE 32000 0 0
PETSMART INC. COM 716768106 185 23044 SH SOLE 23044 0 0
PFIZER INCORPORATED COM 717081103 36833 265465 SH SOLE 265465 0 0
PG+E CORP COM 69331C108 2217 71378 SH SOLE 71378 0 0
PHARMACIA & UPJOHN INC COM 716941109 6764 108439 SH SOLE 108439 0 0
PHARMERICA INC COM 717135107 116 23115 SH SOLE 23115 0 0
PHELPS DODGE CORPORATION COM 717265102 900 18266 SH SOLE 18266 0 0
PHILIP MORRIS COS INC COM 718154107 18373 522138 SH SOLE 522138 0 0
PHILLIPS PETROLEUM COMPANY COM 718507106 1798 38055 SH SOLE 38055 0 0
PHOENIX INVESTMENT PARTNERS COM 719085102 229 26500 SH SOLE 26500 0 0
PHYCOR INC COM 71940F100 92 19336 SH SOLE 19336 0 0
PINNACLE WEST CAPITAL CORP COM 723484101 1425 39183 SH SOLE 39183 0 0
PIONEER HI BRED INTERNATIONAL COM 723686101 2057 54661 SH SOLE 54661 0 0
PIONEER NATURAL RESOURCES COR COM 723787107 361 46578 SH SOLE 46578 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 1999 Page 17 of 23
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
- ------------------------------ ------------------ --------- --------- ------------------ ------- -------- ---------------------
Value Shrs or SH/ PUT/ Other
Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None
- ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
PITNEY BOWES INC COM 724479100 3866 60641 SH SOLE 60641 0 0
PITTSTON SERVICES GROUP COM 725701106 452 19245 SH SOLE 19245 0 0
PLACER DOME INC COM 725906101 759 67829 SH SOLE 67829 0 0
PLATINUM TECHNOLOGY INC COM 72764T101 1277 50085 SH SOLE 50085 0 0
PLD TELEKOM INC COM 69340T100 49 12700 SH SOLE 12700 0 0
PMC-SIERRA INC COM 69344F106 489 6867 SH SOLE 6867 0 0
PMI GROUP COM 69344M101 688 14832 SH SOLE 14832 0 0
PMIMARK INTL INC COM 740459102 1080 32783 SH SOLE 32783 0 0
PNC BANK CORP COM 693475105 3932 70766 SH SOLE 70766 0 0
POLAROID CORPORATION COM 731095105 445 22030 SH SOLE 22030 0 0
POLICY MANAGEMENT SYSTEMS COR COM 731108106 539 17613 SH SOLE 17613 0 0
POTLATCH CORPORATION COM 737628107 353 10387 SH SOLE 10387 0 0
POTOMAC ELECTRIC POWER COMPAN COM 737679100 703 30310 SH SOLE 30310 0 0
PRAXAIR INC COM 74005P104 1520 42161 SH SOLE 42161 0 0
PRECISION CASTPARTS COM 740189105 687 17078 SH SOLE 17078 0 0
PREMIER PARKS INC NEW COM 740540208 469 12600 SH SOLE 12600 0 0
PRISON REALTY CORP COM 74264N105 649 37244 SH SOLE 37244 0 0
PROCTER & GAMBLE COMPANY COM 742718109 26962 275302 SH SOLE 275302 0 0
PROGRESSIVE CORP (OHIO) COM 743315103 1741 12131 SH SOLE 12131 0 0
PROMUS HOTEL CORP COM 74342P106 1499 41213 SH SOLE 41213 0 0
PROTECTIVE LIFE CORP COM 743674103 1216 32106 SH SOLE 32106 0 0
PROVIDENT COMPANIES COM 743862104 814 23565 SH SOLE 23565 0 0
PROVIDENT FINANCIAL GROUP COM 743866105 883 23015 SH SOLE 23015 0 0
PROVIDIAN FINANCIAL CORP COM 74406A102 4248 38618 SH SOLE 38618 0 0
PSINET INC. COM 74437C101 400 9400 SH SOLE 9400 0 0
PSS WORLD MEDICAL COM 69366A100 359 40731 SH SOLE 40731 0 0
PUBLIC SERVICE CO - N CAROLIN COM 744516105 423 14900 SH SOLE 14900 0 0
PUBLIC SERVICE CO NEW MEXICO COM 744499104 413 24271 SH SOLE 24271 0 0
PUBLIC SVC ENTERPRISE GROUP COM 744573106 1874 49085 SH SOLE 49085 0 0
PUGET SOUND ENERGY INC COM 745332106 980 42508 SH SOLE 42508 0 0
PULTE CORP COM 745867101 327 15725 SH SOLE 15725 0 0
QLOGIC CORP COM 747277101 270 4023 SH SOLE 4023 0 0
QUAKER OATS COMPANY COM 747402105 1754 28178 SH SOLE 28178 0 0
QUALCOMM INC COM 747525103 4995 40158 SH SOLE 40158 0 0
QUANTUM CORP COM 747906105 1593 88509 SH SOLE 88509 0 0
QUESTAR CORP. COM 748356102 682 40274 SH SOLE 40274 0 0
QUIKSILVER INC COM 74838C106 268 6340 SH SOLE 6340 0 0
QUINTILIES TRANSNATIONAL CORP COM 748767100 1938 51332 SH SOLE 51332 0 0
QUORUM HEALTH GROUP INC COM 749084109 337 33700 SH SOLE 33700 0 0
QWEST COMMUNICATIONS COM 749121109 396 5488 SH SOLE 5488 0 0
R R DONNELLEY & SON COMPANY COM 257867101 261 8119 SH SOLE 8119 0 0
RALSTON PURINA CO COM (NEW) COM 751277302 1066 39936 SH SOLE 39936 0 0
RAMBUS INC DEL COM 750917106 212 3300 SH SOLE 3300 0 0
RANGER OIL LIMITED COM 752805101 230 57615 SH SOLE 57615 0 0
RATHEON CLASS B COM 755111408 3413 58226 SH SOLE 58226 0 0
RATIONAL SOFTWARE CORP NEW COM 75409P202 1536 57271 SH SOLE 57271 0 0
RAYCHEM CORPORATION COM 754603108 268 11888 SH SOLE 11888 0 0
RAYONIER INC COM 754907103 726 18131 SH SOLE 18131 0 0
RCN CORP COM 749361101 253 7538 SH SOLE 7538 0 0
REALNETWORKS INC COM 75605L104 238 1950 SH SOLE 1950 0 0
REGIONS FINANCIAL CORP COM 758940100 1446 41770 SH SOLE 41770 0 0
REINSURANCE GROUP AMER INC COM 759351109 519 12200 SH SOLE 12200 0 0
RELIANT ENERGY CORP COM 75952J108 2026 77751 SH SOLE 77751 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 1999 Page 18 of 23
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
- ------------------------------ ------------------ --------- --------- ------------------ ------- -------- ---------------------
Value Shrs or SH/ PUT/ Other
Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None
- ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
RELIASTAR FINANCIAL CORP COM 75952U103 1899 44563 SH SOLE 44563 0 0
RELTEC CORP COM 759527104 209 7100 SH SOLE 7100 0 0
RENOLDS NABISCO HOLDINGS CORP COM 74960K876 1875 74991 SH SOLE 74991 0 0
REPUBLIC N Y CORPORATION COM 760719104 1105 23951 SH SOLE 23951 0 0
REPUBLIC SECURITY FINL CORP COM 760758102 121 13052 SH SOLE 13052 0 0
REYNOLDS & REYNOLDS COMPANY COM 761695105 714 37554 SH SOLE 37554 0 0
REYNOLDS METALS COMPANY COM 761763101 1095 22657 SH SOLE 22657 0 0
RITE AID INC COM 767754104 1348 53934 SH SOLE 53934 0 0
ROBERT HALF INTL INC COM 770323103 1396 42558 SH SOLE 42558 0 0
ROCKWELL INTERNATIONAL COM 773903109 1432 33751 SH SOLE 33751 0 0
ROHM & HAAS COMPANY COM 775371107 1360 40511 SH SOLE 40511 0 0
ROLLINS INCORPORATED COM 775711104 273 16211 SH SOLE 16211 0 0
ROLLINS TRUCK LEASING CORP COM 775741101 159 16900 SH SOLE 16900 0 0
ROSLYN BANCORP INC COM 778162107 272 16100 SH SOLE 16100 0 0
ROSS STORES INC COM 778296103 966 22054 SH SOLE 22054 0 0
ROYAL BK CANADA MONTREAL QUE COM 780087102 972 20600 SH SOLE 20600 0 0
ROYAL DUTCH PETRO - NY SHARES COM 780257804 23661 455011 SH SOLE 455011 0 0
RPC ENERGY SVS INC COM 749660106 171 26600 SH SOLE 26600 0 0
RPM INCORPORATED OHIO COM 749685103 714 53645 SH SOLE 53645 0 0
RUDDICK CORP COM 781258108 450 23064 SH SOLE 23064 0 0
RUSSELL CORP COM 782352108 1100 54661 SH SOLE 54661 0 0
RYERSON TULL INC COM 78375P107 292 19890 SH SOLE 19890 0 0
S C I SYSTEMS COM 783890106 878 29624 SH SOLE 29624 0 0
S P X CORP COM 784635104 1071 21233 SH SOLE 21233 0 0
S3 INC COM 784849101 76 10113 SH SOLE 10113 0 0
SAFECO CORPORATION COM 786429100 1058 26168 SH SOLE 26168 0 0
SAFEGUARD SCIENTIFIC INC COM 786449108 371 5500 SH SOLE 5500 0 0
SAFEWAY INC COM 786514208 5774 112517 SH SOLE 112517 0 0
SAKS INC COM 79377W108 1868 71860 SH SOLE 71860 0 0
SAMSONITC CORP COM 79604V105 65 10624 SH SOLE 10624 0 0
SANTA FE ENERGY RES INC COM 802012104 212 28800 SH SOLE 28800 0 0
SARA LEE CORP COM 803111103 4842 195621 SH SOLE 195621 0 0
SBARRO INC COM 805844107 326 12228 SH SOLE 12228 0 0
SBC COMMUNICATIONS INC COM 78387G103 19227 407450 SH SOLE 407450 0 0
SCANA CORP COM 805898103 1148 52951 SH SOLE 52951 0 0
SCHERING-PLOUGH CORP COM 806605101 17193 311177 SH SOLE 311177 0 0
SCHLUMBERGER LIMITED COM 806857108 6651 110500 SH SOLE 110500 0 0
SCHOLASTIC CORP COM 807066105 519 10613 SH SOLE 10613 0 0
SCIENTIFIC-ATLANTA INC COM 808655104 252 9239 SH SOLE 9239 0 0
SDL INC COM 784076101 254 2800 SH SOLE 2800 0 0
SEAGATE TECHNOLOGY INC COM 811804103 1484 50187 SH SOLE 50187 0 0
SEAGRAM COMPANY LTD COM 811850106 5227 104542 SH SOLE 104542 0 0
SEAGULL ENERGY CORP COM 812007102 305 44819 SH SOLE 44819 0 0
SEALED AIR CORP COM 81211K100 958 19480 SH SOLE 19480 0 0
SEARS ROEBUCK & COMPANY COM 812387108 4053 89694 SH SOLE 89694 0 0
SEI INVESTMENT COMPANY COM 784117103 208 2250 SH SOLE 2250 0 0
SEMPRA ENERGY COM 816851109 737 38400 SH SOLE 38400 0 0
SENSORMATIC ELECTRONIC CORP COM 817265101 478 50308 SH SOLE 50308 0 0
SEPRACOR INC COM 817315104 2284 20350 SH SOLE 20350 0 0
SEQUA CORP CLASS A COM 817320104 298 5931 SH SOLE 5931 0 0
SEQUENT COMPUTER SYS INC COM 817338106 247 27203 SH SOLE 27203 0 0
SERVICE CORP INTERNATIONAL COM 817565104 386 27053 SH SOLE 27053 0 0
SFX ENTERTAINMENT CLASS A COM 784178105 426 6600 SH SOLE 6600 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 1999 Page 19 of 23
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
- ------------------------------ ------------------ --------- --------- ------------------ ------- -------- ---------------------
Value Shrs or SH/ PUT/ Other
Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None
- ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SHARED MEDICAL SYS CORP COM 819486101 520 9338 SH SOLE 9338 0 0
SHAW INDUSTRIES INC COM 820286102 1281 69257 SH SOLE 69257 0 0
SHERWIN-WILLIAMS COMPANY COM 824348106 1274 45292 SH SOLE 45292 0 0
SIEBEL SYSTEMS INC COM 826170102 2280 48007 SH SOLE 48007 0 0
SIERRA PAC RES CO NEW COM 826425100 218 6200 SH SOLE 6200 0 0
SIGMA-ALDRICH CORPORATION COM 826552101 603 20620 SH SOLE 20620 0 0
SILICON GRAPHICS INC COM 827056102 575 34713 SH SOLE 34713 0 0
SITEL CORP COM 82980K107 33 14100 SH SOLE 14100 0 0
SKY FINANCIAL GROUP COM 83080P103 221 8155 SH SOLE 8155 0 0
SKYTEL COMMUNICATIONS COM 83087Q104 198 11933 SH SOLE 11933 0 0
SLM HOLDING CORP COM 78442A109 1298 31096 SH SOLE 31096 0 0
SMITH CHARLES E. RESIDENTIAL COM 832197107 256 8300 SH SOLE 8300 0 0
SMITH INTERNATIONAL INC COM 832110100 973 24337 SH SOLE 24337 0 0
SNAP-ON INC HLDG CO COM 833034101 387 13332 SH SOLE 13332 0 0
SNYDER COMMUNICATIONS INC COM 832914105 928 33300 SH SOLE 33300 0 0
SOLA INTERNATIONAL COM 834092108 146 12108 SH SOLE 12108 0 0
SOLECTRON CORP COM 834182107 2549 52490 SH SOLE 52490 0 0
SOLUTIA INC COM 834376105 1030 59307 SH SOLE 59307 0 0
SONAT INC COM 835415100 485 16168 SH SOLE 16168 0 0
SONOCO PRODS CO COM 835495102 1145 49790 SH SOLE 49790 0 0
SOTHEBY`S HOLDINGS INC COM 835898107 871 26916 SH SOLE 26916 0 0
SOUTHDOWN INCORPORATED COM 841297104 965 17970 SH SOLE 17970 0 0
SOUTHERN COMPANY COM 842587107 3338 143169 SH SOLE 143169 0 0
SOUTHLAND CORP COM 844436402 217 106600 SH SOLE 106600 0 0
SOUTHTRUST CORP COM 844730101 1195 32040 SH SOLE 32040 0 0
SOUTHWEST AIRLINES COM 844741108 1915 63309 SH SOLE 63309 0 0
SOUTHWEST GAS CORPORATION COM 844895102 391 14200 SH SOLE 14200 0 0
SOVEREIGN BANCORP INC COM 845905108 996 81282 SH SOLE 81282 0 0
SPELLING ENTMT GROUP INC COM 847807104 177 20200 SH SOLE 20200 0 0
SPRINT CORP COM 852061100 9167 93419 SH SOLE 93419 0 0
SPRINT CORP PCS GROUP COM 852061506 4192 94597 SH SOLE 94597 0 0
ST JUDE MEDICAL INCORPORATED COM 790849103 321 13170 SH SOLE 13170 0 0
ST PAUL COMPANIES INC COM 792860108 1162 37418 SH SOLE 37418 0 0
STANDARD REGISTER CO COM 853887107 520 17500 SH SOLE 17500 0 0
STANLEY WORKS INCORPORATED COM 854616109 735 28679 SH SOLE 28679 0 0
STAPLES INC COM 855030102 3275 99629 SH SOLE 99629 0 0
STARBUCKS CORPORATION COM 855244109 2686 95728 SH SOLE 95728 0 0
STATE STREET CORP. COM 857477103 3112 37832 SH SOLE 37832 0 0
STATEN ISLAND BANCORP INC COM 857550107 226 13147 SH SOLE 13147 0 0
STERIS CORP COM 859152100 885 33238 SH SOLE 33238 0 0
STERLING COMMERCE INC. COM 859205106 1472 47883 SH SOLE 47883 0 0
STERLING SOFTWARE INCORPORATE COM 859547101 936 39407 SH SOLE 39407 0 0
STEWART & STEVENSON SVCS COM 860342104 155 20186 SH SOLE 20186 0 0
STEWART ENTERPRISES INC CL A COM 860370105 935 58197 SH SOLE 58197 0 0
STORAGE TECHNOLOGY CORP COM 862111200 1359 48763 SH SOLE 48763 0 0
STORAGE USA INC COM 861907103 227 8000 SH SOLE 8000 0 0
STRUCTURAL DYNAMICS RESH COM 863555108 500 26241 SH SOLE 26241 0 0
STRYKER CORP COM 863667101 2403 47653 SH SOLE 47653 0 0
SUIZA FOODS CORP COM 865077101 459 13630 SH SOLE 13630 0 0
SUMMIT BANCORP COM 866005101 896 22962 SH SOLE 22962 0 0
SUN MICROSYSTEMS INC COM 866810104 10415 83276 SH SOLE 83276 0 0
SUNCOR ENERGY INC COM 867229106 543 16200 SH SOLE 16200 0 0
SUNDSTRAND CORPORATION COM 867323107 2037 29313 SH SOLE 29313 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 1999 Page 20 of 23
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
- ------------------------------ ------------------ --------- --------- ------------------ ------- -------- ---------------------
Value Shrs or SH/ PUT/ Other
Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None
- ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SUNGARD DATA SYSTEMS INC COM 867363103 2137 53421 SH SOLE 53421 0 0
SUNOCO INC COM 86764P109 448 12435 SH SOLE 12435 0 0
SUNSTONE HOTEL INVESTORS INC COM 867933103 72 10054 SH SOLE 10054 0 0
SUNTRUST BANKS INC COM 867914103 5260 84495 SH SOLE 84495 0 0
SUPERIOR INDUSTRIES COM 868168105 364 15642 SH SOLE 15642 0 0
SYBASE INC COM 871130100 187 23536 SH SOLE 23536 0 0
SYBRON INT'L CORP COM 87114F106 1141 45625 SH SOLE 45625 0 0
SYMANTEC CORP COM 871503108 675 39877 SH SOLE 39877 0 0
SYMBOL TECHNOLOGIES INC COM 871508107 1289 28634 SH SOLE 28634 0 0
SYNETIC INC COM 87160F109 243 4350 SH SOLE 4350 0 0
SYNOPSYS INC COM 871607107 2030 37774 SH SOLE 37774 0 0
SYNOVUS FINANCIAL CORP COM 87161C105 1121 54684 SH SOLE 54684 0 0
SYSCO CORPORATION COM 871829107 1697 64484 SH SOLE 64484 0 0
T R W INCORPORATED COM 872649108 1154 25370 SH SOLE 25370 0 0
T ROWE PRICE & ASSOC INC COM 741477103 2055 59793 SH SOLE 59793 0 0
TALISMAN ENERGY INC COM 87425E103 615 28600 SH SOLE 28600 0 0
TANDY CORPORATION COM 875382103 848 13290 SH SOLE 13290 0 0
TCA CABLE TV INCORPORATED COM 872241104 1045 24032 SH SOLE 24032 0 0
TCF FINANCIAL CORP COM 872275102 906 34774 SH SOLE 34774 0 0
TCI SATELLITE ENTERTAINMENT COM 872298104 26 38900 SH SOLE 38900 0 0
TECH DATA CORP COM 878237106 654 28512 SH SOLE 28512 0 0
TECO ENERGY INC COM 872375100 499 25117 SH SOLE 25117 0 0
TECUMSEH PRODS CO CL A COM 878895200 749 14696 SH SOLE 14696 0 0
TELEFLEX INCORPORATED COM 879369106 613 17990 SH SOLE 17990 0 0
TELEPHONE & DATA SYSTEMS INC COM 879433100 1571 27871 SH SOLE 27871 0 0
TELLABS INCORPORATED COM 879664100 4069 41631 SH SOLE 41631 0 0
TEMPLE INLAND INC COM 879868107 960 15293 SH SOLE 15293 0 0
TENET HEALTHCARE GROUP COM 88033G100 1315 69462 SH SOLE 69462 0 0
TENNOCO INC COM 88037E101 513 18349 SH SOLE 18349 0 0
TERADYNE INCORPORATED COM 880770102 2374 43501 SH SOLE 43501 0 0
TEXACO INC COM 881694103 6737 118717 SH SOLE 118717 0 0
TEXAS INSTRUMENTS INCORPORATE COM 882508104 7927 79874 SH SOLE 79874 0 0
TEXAS UTILITIES COMPANY COM 882848104 1691 40263 SH SOLE 40263 0 0
TEXTRON INCORPORATED COM 883203101 1628 21040 SH SOLE 21040 0 0
THE BISYS GROUP INC COM 055472104 309 5500 SH SOLE 5500 0 0
THE SPORTS AUTHORITY COM 849176102 78 10700 SH SOLE 10700 0 0
THERMEDICS INC COM 883901100 88 12500 SH SOLE 12500 0 0
THERMO ECOTEK CORP. COM 88355R106 151 18900 SH SOLE 18900 0 0
THERMO ELECTRON CORPORATION COM 883556102 352 25978 SH SOLE 25978 0 0
THERMOLASE CORP COM 883624108 59 20400 SH SOLE 20400 0 0
THERMOTREX CORP COM 883666109 65 11300 SH SOLE 11300 0 0
THOMAS & BETTS CORPORATION COM 884315102 399 10612 SH SOLE 10612 0 0
THOMSON CORP COM 884903105 732 26100 SH SOLE 26100 0 0
TIDEWATER INCORPORATED COM 886423102 624 24103 SH SOLE 24103 0 0
TIFFANY & CO NEW COM 886547108 1111 14861 SH SOLE 14861 0 0
TIG HLDGS INC COM 872469101 450 27600 SH SOLE 27600 0 0
TIME MIRROR CO - CL A COM 887364107 778 14369 SH SOLE 14369 0 0
TIME WARNER INC COM 887315109 17670 249526 SH SOLE 249526 0 0
TITAN EXPLORATION INC COM 888289105 103 20500 SH SOLE 20500 0 0
TJX COS INC NEW COM 872540109 2290 67362 SH SOLE 67362 0 0
TORCHMARK CORPORATION COM 891027104 565 17879 SH SOLE 17879 0 0
TORONTO-DOMINION BANK COM 891160509 1186 25807 SH SOLE 25807 0 0
TOSCO CORP NEW COM 891490302 1721 69377 SH SOLE 69377 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 1999 Page 21 of 23
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
- ------------------------------ ------------------ --------- --------- ------------------ ------- -------- ---------------------
Value Shrs or SH/ PUT/ Other
Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None
- ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
TOTAL RENAL CARE HOLDINGS INS COM 89151A107 450 40866 SH SOLE 40866 0 0
TOYS R US INC COM 892335100 872 46356 SH SOLE 46356 0 0
TRAMMELL CROW CO COM 89288R106 185 10000 SH SOLE 10000 0 0
TRANS WORLD AIRLINES COM 893349837 88 17000 SH SOLE 17000 0 0
TRANSACTION SYSTEMS ACRHITECT COM 893416107 230 6400 SH SOLE 6400 0 0
TRANSALTA CORP (CDN) COM 89346D107 947 65000 SH SOLE 65000 0 0
TRANSAMERICA CORP COM 893485102 2470 34788 SH SOLE 34788 0 0
TRANSCANADA PIPELINES LTD COM 893526103 435 33960 SH SOLE 33960 0 0
TRANSOCEAN OFFSHORE INC. COM 893817106 1429 49583 SH SOLE 49583 0 0
TRIBUNE COMPANY NEW COM 896047107 1649 25204 SH SOLE 25204 0 0
TRICON GLOBAL RESTAURANTS COM 895953107 2367 33701 SH SOLE 33701 0 0
TRIGON HEALTHCARE INC COM 89618L100 715 20866 SH SOLE 20866 0 0
TRINITY INDUSTRIES INC COM 896522109 616 20979 SH SOLE 20979 0 0
TRISTAR AEROSPACE CO COM 89674L101 109 11900 SH SOLE 11900 0 0
TRUST CO NEW JERSEY (THE) COM 898304100 301 12400 SH SOLE 12400 0 0
TYCO INTERNATIONAL LTD COM 902124106 9373 130632 SH SOLE 130632 0 0
TYSON FOODS INC CLASS A DEL COM 902494103 2717 131328 SH SOLE 131328 0 0
U S FILTER CORP COM 911843209 2777 90681 SH SOLE 90681 0 0
U S HOME CORP COM (NEW) COM 911920106 215 6592 SH SOLE 6592 0 0
U S T INC FORMERLY COM 902911106 606 23180 SH SOLE 23180 0 0
U.S WEST INC COM 91273H101 5586 101455 SH SOLE 101455 0 0
U.S. BANCORP (NEW) COM 902973106 5101 149760 SH SOLE 149760 0 0
U.S. BIOSCIENCE INC. COM 911646206 124 11448 SH SOLE 11448 0 0
U.S. FOODSERVICE COM 90331R101 1124 24177 SH SOLE 24177 0 0
U.S. WEB CORP. COM 917327108 543 13174 SH SOLE 13174 0 0
UCAR INTERNATIONAL COM 90262K109 315 22270 SH SOLE 22270 0 0
UGI HOLDING CO COM 902681105 195 11700 SH SOLE 11700 0 0
UICI COM 902737105 224 9950 SH SOLE 9950 0 0
ULTRAMAN DIAMOND SHAMRORK COR COM 904000106 813 37597 SH SOLE 37597 0 0
UNICAPITAL CORP COM 90459D108 78 12200 SH SOLE 12200 0 0
UNICOM CORP COM 904911104 1628 44516 SH SOLE 44516 0 0
UNIFI INC COM 904677101 301 23592 SH SOLE 23592 0 0
UNILEVER N V NEW YORK SHS COM 904784501 7989 120244 SH SOLE 120244 0 0
UNION CAMP CORPORATION COM 905530101 1342 19992 SH SOLE 19992 0 0
UNION CARBIDE CORPORATION COM 905581104 1722 38118 SH SOLE 38118 0 0
UNION PACIFIC CORP COM 907818108 2765 51750 SH SOLE 51750 0 0
UNION PACIFIC RESOURCES COM 907834105 774 65186 SH SOLE 65186 0 0
UNION PLANTERS CORP OF MEMPHI COM 908068109 936 21294 SH SOLE 21294 0 0
UNISURCE COM 909208100 343 48095 SH SOLE 48095 0 0
UNISYS CORP COM 909214108 1113 40210 SH SOLE 40210 0 0
UNITED BANKSHARES INC COM 909907107 221 9650 SH SOLE 9650 0 0
UNITED DOMINION REALTY TR INC COM 910197102 402 39175 SH SOLE 39175 0 0
UNITED HEALTHCARE CORP COM 910581107 2191 41638 SH SOLE 41638 0 0
UNITED INTL HLDGS INC CL-A COM 910734102 373 8567 SH SOLE 8567 0 0
UNITED TECHNOLOGIES CORP COM 913017109 6656 49141 SH SOLE 49141 0 0
UNIVERSAL CORP VA COM 913456109 334 13073 SH SOLE 13073 0 0
UNIVERSAL FOODS CORPORATION COM 913538104 437 21167 SH SOLE 21167 0 0
UNOCAL CORPORATION COM 915289102 1008 27327 SH SOLE 27327 0 0
UNUM CORP COM 903192102 884 18592 SH SOLE 18592 0 0
US AIRWAYS GROUP INC COM 911905107 900 18432 SH SOLE 18432 0 0
USG CORP NEW COM 903293405 1325 25800 SH SOLE 25800 0 0
USN COMMUNICATIONS INC COM 90336N204 7 14900 SH SOLE 14900 0 0
UST CORP COM 902900109 203 9272 SH SOLE 9272 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 1999 Page 22 of 23
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
- ------------------------------ ------------------ --------- --------- ------------------ ------- -------- ---------------------
Value Shrs or SH/ PUT/ Other
Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None
- ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
USX MARATHON GROUP COM 902905827 1690 61472 SH SOLE 61472 0 0
USX U.S STEEL GROUP COM 90337T101 610 25975 SH SOLE 25975 0 0
UTILICORP UNITED INC COM 918005109 884 38860 SH SOLE 38860 0 0
V F CORPORATION COM 918204108 1292 27190 SH SOLE 27190 0 0
VALASSIS COMMUNICATIONS INC COM 918866104 228 4400 SH SOLE 4400 0 0
VALERO ENERGY CORP COM 91913Y100 610 24542 SH SOLE 24542 0 0
VALHI INC FORMERLY L L C CORP COM 918905100 141 12400 SH SOLE 12400 0 0
VANGUARD CELLULAR SYS INC COM 922022108 636 23292 SH SOLE 23292 0 0
VARCO INTERNATIONAL INC COM 922126107 321 28841 SH SOLE 28841 0 0
VARIAN ASSOCIATES INCORPORATE COM 922204102 566 14608 SH SOLE 14608 0 0
VENCOR INC COM 92260R102 15 11800 SH SOLE 11800 0 0
VIACOM INC NON VOTING COM 925524308 5848 69675 SH SOLE 69675 0 0
VIAD CORP COM 92552R109 1357 48786 SH SOLE 48786 0 0
VISHAY INTERTECHNOLOGY INC COM 928298108 508 35050 SH SOLE 35050 0 0
VISX INC COM 92844S105 602 5598 SH SOLE 5598 0 0
VITESSE SEMICONDUCTOR CORP COM 928497106 1866 36863 SH SOLE 36863 0 0
VIVUS INC COM 928551100 63 15850 SH SOLE 15850 0 0
VLASIC INT'L INC COM 928559103 285 22055 SH SOLE 22055 0 0
VULCAN MATERIALS COMPANY COM 929160109 2057 49787 SH SOLE 49787 0 0
W W GRAINGER INC COM 384802104 731 16966 SH SOLE 16966 0 0
WACHOVIA CORP COM 929771103 2846 35053 SH SOLE 35053 0 0
WAL-MART STORES INC COM 931142103 43083 467336 SH SOLE 467336 0 0
WALDEN RESIDENTIAL PPTYS INC COM 931210108 222 12610 SH SOLE 12610 0 0
WALGREEN COMPANY COM 931422109 5424 191990 SH SOLE 191990 0 0
WALLACE COMPUTER SERVICES INC COM 932270101 611 30839 SH SOLE 30839 0 0
WARNER-LAMBERT COMPANY COM 934488107 11485 173353 SH SOLE 173353 0 0
WARNICO GROUP INC CL A COM 934390105 598 24241 SH SOLE 24241 0 0
WASHINGTON GAS LIGHT COMPANY COM 938837101 694 30685 SH SOLE 30685 0 0
WASHINGTON MUTUAL INC COM 939322103 5211 127478 SH SOLE 127478 0 0
WASHINGTON POST CO COM 939640108 2538 4867 SH SOLE 4867 0 0
WASHINGTON REAL ESTATE COM 939653101 310 19000 SH SOLE 19000 0 0
WASTE MANAGEMENT INC COM 94106L109 6442 145165 SH SOLE 145165 0 0
WASTEMASTERS INC COM 941071102 8 20400 SH SOLE 20400 0 0
WATSON PHARMACEUTICALS INC COM 942683103 2114 47918 SH SOLE 47918 0 0
WATTS INDUSTRIES INC CL A COM 942749102 166 12263 SH SOLE 12263 0 0
WAUSAU-MOSINEE PAPER CORP COM 943315101 545 38936 SH SOLE 38936 0 0
WEATHERFORD INTERNATIONAL COM 947074100 1395 53408 SH SOLE 53408 0 0
WEBSTER FINL CORP WATERBURY COM 947890109 219 7600 SH SOLE 7600 0 0
WEINGARTEN RLTY INVS FORMERLY COM 948741103 309 7800 SH SOLE 7800 0 0
WELLMAN INC COM 949702104 175 19742 SH SOLE 19742 0 0
WELLS FARGO COMPANY COM 949746101 11107 316763 SH SOLE 316763 0 0
WELLSFORD REAL PROPERTIES COM 950240101 189 21600 SH SOLE 21600 0 0
WENDYS INTERNATIONAL INC COM 950590109 910 32016 SH SOLE 32016 0 0
WESTAMERICA BANCORP COM 957090103 284 8991 SH SOLE 8991 0 0
WESTERN WIRELESS CORP COM 95988E204 612 16882 SH SOLE 16882 0 0
WESTERNBANK P R COM 959897109 190 11900 SH SOLE 11900 0 0
WESTFIELD AMERICA INC COM 959910100 246 14082 SH SOLE 14082 0 0
WESTPOINT STEVENS INC COM 961238102 768 27728 SH SOLE 27728 0 0
WEYERHAEUSER COMPANY COM 962166104 2041 36775 SH SOLE 36775 0 0
WHIRLPOOL CORPORATION COM 963320106 740 13600 SH SOLE 13600 0 0
WHITMAN CORP COM 96647K102 997 58029 SH SOLE 58029 0 0
WHITNEY HOLDING CORPORATION COM 966612103 203 5500 SH SOLE 5500 0 0
WILLAMETTE INDUSTRIES COM 969133107 639 16936 SH SOLE 16936 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 1999 Page 23 of 23
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
- ------------------------------ ------------------ --------- --------- ------------------ ------- -------- ---------------------
Value Shrs or SH/ PUT/ Other
Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None
- ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
WILLIAMS COMPANIES COM 969457100 3373 85393 SH SOLE 85393 0 0
WILMINGTON TRUST CORP COM 971807102 1144 20035 SH SOLE 20035 0 0
WINN-DIXIE STORES INC COM 974280109 869 23242 SH SOLE 23242 0 0
WINSTAR COMMUNICATIONS INC COM 975515107 323 8882 SH SOLE 8882 0 0
WISCONSIN CENTRAL TRANSPORTAT COM 976592105 447 33768 SH SOLE 33768 0 0
WISCONSIN ENERGY CORP FORMERL COM 976657106 841 32279 SH SOLE 32279 0 0
WITCO CORP COM 977385103 336 26614 SH SOLE 26614 0 0
WORTHINGTON INDUSTRIES INC COM 981811102 218 18588 SH SOLE 18588 0 0
WRIGLEY WM JR COMPANY COM 982526105 1863 20596 SH SOLE 20596 0 0
XEROX CORPORATION COM 984121103 7707 147858 SH SOLE 147858 0 0
XILINX INC COM 983919101 3103 76490 SH SOLE 76490 0 0
XYLAN CORP COM 984151100 243 6600 SH SOLE 6600 0 0
YAHOO INC. COM 984332106 321 1906 SH SOLE 1906 0 0
YANKEE ENERGY SYSTEM INC COM 984779108 284 12300 SH SOLE 12300 0 0
YORK INTERNATIONAL CORP COM 986670107 685 19396 SH SOLE 19396 0 0
ZALE CORP COM (NEW) COM 988858106 203 5945 SH SOLE 5945 0 0
ZIONS BANCORP FORMERLY ZIONS COM 989701107 2539 38176 SH SOLE 38176 0 0
</TABLE>
