UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 29, 2000
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 Paribas Arbitrage SNC (US Branch)
Address: 555 Croton Road, 4th Floor
King of Prussia, PA 19406
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: Christian Menestrier
Title: Chief Administrative Officer
Phone: 610-491-1511
Signature, Place, and Date of Signing:
Christian Menestrier
King of Prussia, PA
October 3, 2000
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: 2027
Form 13F Information Table Value Total: 5307545
List of Other Included Managers:
No. 13F File Number Name
**NONE**
<PAGE>
<TABLE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 1 of 39
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>
24/7 MEDIA INC COM 901314104 119 11740 SH SOLE 11740 0 0
3 COM CORP COM 885535104 7483 390000 SH PUT SOLE 390000 0 0
3 COM CORP COM 885535104 4519 235529 SH SOLE 235529 0 0
3 COM CORP COM 885535104 4797 250000 SH CALL SOLE 250000 0 0
3DF INTERACTIVE INC COM 88553X103 55 11302 SH SOLE 11302 0 0
99 CENTS COM 65440K106 535 10651 SH SOLE 10651 0 0
A A R CORPORATION COM 000361105 174 15196 SH SOLE 15196 0 0
A G EDWARDS INCORPORATED COM 281760108 3733 71362 SH SOLE 71362 0 0
A H BELO & CO SER A COM 080555105 965 52350 SH SOLE 52350 0 0
A SCHULMAN INCORPORATED COM 808194104 289 26232 SH SOLE 26232 0 0
A T & T CORP COM 001957109 79406 2703189 SH SOLE 2703189 0 0
ABBOTT LABORATORIES COM 002824100 15129 318090 SH SOLE 318090 0 0
ABERCROMBIE & FITCH CO CL A COM 002896207 2341 122819 SH SOLE 122819 0 0
ABIOMED INC COM 003654100 256 3763 SH SOLE 3763 0 0
ABM INDUSTRIES INC COM 000957100 250 9186 SH SOLE 9186 0 0
AC NIELSON COM 004833109 1669 70097 SH SOLE 70097 0 0
ACACIA RESEARCH CORP COM 003881109 302 8672 SH SOLE 8672 0 0
ACCREDO HEALTH INC COM 00437V104 332 6785 SH SOLE 6785 0 0
ACCRUE SOFTWARE INC COM 00437W102 133 11122 SH SOLE 11122 0 0
ACT MFG INC 144A CONV BOND BOND CV 000973AA5 9630 6563000 PRN SOLE 0 0 0
ACTUANT CORP CL A COM 00508X104 107 27089 SH SOLE 27089 0 0
ACTUATE CORP COM 00508B102 1042 30173 SH SOLE 30173 0 0
ACTV INC COM 00088E104 269 19592 SH SOLE 19592 0 0
ACUSON CORPORATION COM 005113105 1998 87816 SH SOLE 87816 0 0
ACXIOM CORP COM 005125109 1652 52018 SH SOLE 52018 0 0
ADAPTEC INC COM 00651F108 501 25058 SH SOLE 25058 0 0
ADAPTIVE BROADBAND CORP COM 00650M104 379 19441 SH SOLE 19441 0 0
ADC TELECOMMUNICATIONS INC COM 000886101 6012 223564 SH SOLE 223564 0 0
ADELPHIA BUSINESS SOLUTIONS COM 006847107 166 14046 SH SOLE 14046 0 0
ADELPHIA COMMUNICATIONS COM 006848105 413 14987 SH SOLE 14987 0 0
ADEPT TECHNOLOGY INC COM 006854103 217 4120 SH SOLE 4120 0 0
ADOBE SYSTEMS INC COM 00724F101 5523 35576 SH SOLE 35576 0 0
ADTRAN INC COM 00738A106 918 21585 SH SOLE 21585 0 0
ADVANCE PARADIGM INC COM 007491103 584 13835 SH SOLE 13835 0 0
ADVANCED DIGITAL INFO CORP COM 007525108 325 21389 SH SOLE 21389 0 0
ADVANCED MICRO DEVICES INC COM 007903107 1449 61353 SH SOLE 61353 0 0
ADVANCED RADIO TELECOM CORP COM 00754U101 97 11374 SH SOLE 11374 0 0
ADVANCED TISSUE SCIENCES INC COM 00755F103 196 26357 SH SOLE 26357 0 0
ADVANTA CORP CLASS A COM 007942105 121 10784 SH SOLE 10784 0 0
ADVENT SOFTWARE INC COM 007974108 1399 20024 SH SOLE 20024 0 0
AEROFLEX INC COM 007768104 661 13601 SH SOLE 13601 0 0
AES CORP COM 00130H105 5703 83250 SH SOLE 83250 0 0
AES TRUST III CONV PFD 6.75% PFD CV 00808N202 787 7594 SH SOLE 7594 0 0
AETNA LIFE & CASUALTY CO COM 008117103 1320 22738 SH SOLE 22738 0 0
AFFILIATED COMPUTER SVCS COM 008190100 1754 35177 SH SOLE 35177 0 0
AFFILIATED MANAGERS CORP COM 008252108 1176 20661 SH SOLE 20661 0 0
AFLAC INC COM 001055102 3377 52717 SH SOLE 52717 0 0
AGCO CORP COM 001084102 592 49837 SH SOLE 49837 0 0
AGILENT TECHNOLOGIES INC COM 00846U101 4495 91860 SH SOLE 91860 0 0
AGL RESOURCES INC COM 001204106 1244 61989 SH SOLE 61989 0 0
AGRIBRANDS INC COM 00849R105 293 6717 SH SOLE 6717 0 0
AIR PRODUCTS & CHEMICALS COM 009158106 1730 48066 SH SOLE 48066 0 0
AIRBORNE FGHT CORP COM 009266107 411 40301 SH SOLE 40301 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 2 of 39
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>
AIRGAS INC COM 009363102 342 50146 SH SOLE 50146 0 0
AIRGATE PCS INC COM 009367103 301 6712 SH SOLE 6712 0 0
AIRTRAN HOLDINGS INC COM 00949P108 120 26982 SH SOLE 26982 0 0
AK STEEL HOLDING CORP COM 001547108 654 69728 SH SOLE 69728 0 0
ALASKA AIR GROUP INCORPORATED COM 011659109 465 19372 SH SOLE 19372 0 0
ALBANY INTL CORP CL A COM 012348108 213 17732 SH SOLE 17732 0 0
ALBANY MOLECULAR RESEARCH COM 012423109 517 9210 SH SOLE 9210 0 0
ALBEMARLE CORP COM 012653101 829 41087 SH SOLE 41087 0 0
ALBERTO-CULVER COMPANY CL B COM 013068101 1059 36738 SH SOLE 36738 0 0
ALBERTSON INCORPORATED COM 013104104 1540 73333 SH SOLE 73333 0 0
ALCAN ALUMINUM LIMITED COM 013716105 10361 358063 SH SOLE 358063 0 0
ALCOA INC COM 013817101 4235 167300 SH PUT SOLE 167300 0 0
ALCOA INC COM 013817101 5686 224641 SH SOLE 224641 0 0
ALCOA INC COM 013817101 506 20000 SH CALL SOLE 20000 0 0
ALEXANDER & BALDWIN INC COM 014482103 743 28571 SH SOLE 28571 0 0
ALEXANDRIA REAL ESTATE COM 015271109 446 13007 SH SOLE 13007 0 0
ALEXION PHARMACEUTI- CALS CONV BOND CV 015351AB5 1121 937000 PRN SOLE 0 0 0
ALEXION PHARMACEUTICALS BOND CV 015351AA7 8977 7500000 PRN SOLE 0 0 0
ALEXION PHARMACEUTICALS INC COM 015351109 714 6259 SH SOLE 6259 0 0
ALFA CORP COM 015385107 334 19138 SH SOLE 19138 0 0
ALKMERES INC 144A PRVT PLCMT BOND CV 01642TAA6 2878 3750000 PRN SOLE 0 0 0
ALKMERES INC CONV SUB NOTES BOND CV 01642TAB4 1259 1641000 PRN SOLE 0 0 0
ALLEGHANY CORP NEW COM 017175100 765 3905 SH SOLE 3905 0 0
ALLEGHENY ENERGY INC COM 017361106 3215 84195 SH SOLE 84195 0 0
ALLEGHENY TECHNOLOGIES INC COM 01741R102 194 10699 SH SOLE 10699 0 0
ALLEN TELECOM INC COM 018091108 239 14100 SH SOLE 14100 0 0
ALLERGAN INC COM 018490102 2204 26100 SH SOLE 26100 0 0
ALLETE COM 018522102 1889 85359 SH SOLE 85359 0 0
ALLIANCE PHARMACEUTICAL COM 018773101 398 26087 SH SOLE 26087 0 0
ALLIANCE SEMICONDUCTOR CORP COM 01877H100 235 11839 SH SOLE 11839 0 0
ALLIANT ENERGY CORP COM 018802108 1438 48965 SH SOLE 48965 0 0
ALLIANT TECHSYSTEMS INC COM 018804104 531 6460 SH SOLE 6460 0 0
ALLIED CAPITAL CORP COM 01903Q108 1135 54689 SH SOLE 54689 0 0
ALLIED RISER COMMUNICATIONS COM 019496108 171 25859 SH SOLE 25859 0 0
ALLIED RISER CORP CONV 144A BOND CV 019496AA6 3571 5859000 PRN SOLE 0 0 0
ALLIED WASTE INDUSTRIES COM 019589308 178 19335 SH SOLE 19335 0 0
ALLMERICA FINANCIAL CORP. COM 019754100 2491 38953 SH SOLE 38953 0 0
ALLSCRIPTS INC COM 019886100 180 12728 SH SOLE 12728 0 0
ALLSTATE CORP COM 020002101 4890 140719 SH SOLE 140719 0 0
ALLTEL CORPORATION COM 020039103 2961 56732 SH SOLE 56732 0 0
ALPHARMA INC - CL A COM 020813101 681 11134 SH SOLE 11134 0 0
ALTERA CORP COM 021441100 2388 50000 SH PUT SOLE 50000 0 0
ALTERA CORP COM 021441100 8154 170772 SH SOLE 170772 0 0
ALZA CORPORATION COM 022615108 1691 19547 SH SOLE 19547 0 0
AMAZON COMM INC COM 023135106 6534 170000 SH CALL SOLE 170000 0 0
AMAZON COMM INC COM 023135106 8072 210000 SH PUT SOLE 210000 0 0
AMAZON COMM INC COM 023135106 12639 328823 SH SOLE 328823 0 0
AMBAC INC COM 023139108 4185 57127 SH SOLE 57127 0 0
AMCOL INTERNATIONAL COM 02341W103 53 10803 SH SOLE 10803 0 0
AMERADA HESS CORPORATION COM 023551104 1393 20803 SH SOLE 20803 0 0
AMEREN CORP COM 023608102 2041 48749 SH SOLE 48749 0 0
AMERICA ONLINE INC COM 02364J104 32399 602779 SH SOLE 602779 0 0
AMERICA ONLINE INC COM 02364J104 28488 530000 SH CALL SOLE 530000 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 3 of 39
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>
AMERICA WEST HOLDING GROUP COM 023657208 145 11859 SH SOLE 11859 0 0
AMERICAN EAGLE OUTFITTERS COM 02553E106 1319 41872 SH SOLE 41872 0 0
AMERICAN ELECTRIC POWER CO COM 025537101 2254 57603 SH SOLE 57603 0 0
AMERICAN EXPRESS CO COM 025816109 15800 260086 SH SOLE 260086 0 0
AMERICAN FINANCIAL GROUP COM 025932104 658 28378 SH SOLE 28378 0 0
AMERICAN FINANCIAL HLDGS INC COM 026075101 280 15890 SH SOLE 15890 0 0
AMERICAN GENERAL CORPORATION COM 026351106 3580 45903 SH SOLE 45903 0 0
AMERICAN GREETINGS CORP COM 026375105 642 36705 SH SOLE 36705 0 0
AMERICAN HOME PRODUCTS CORP COM 026609107 16627 293960 SH SOLE 293960 0 0
AMERICAN INDUSTRIAL PROPERTIE COM 026791202 145 10192 SH SOLE 10192 0 0
AMERICAN INTL GROUP INC COM 026874107 40874 427161 SH SOLE 427161 0 0
AMERICAN NATL INSURANCE COM 028591105 341 5344 SH SOLE 5344 0 0
AMERICAN POWER CONVERSION COR COM 029066107 1297 67613 SH SOLE 67613 0 0
AMERICAN STANDARD COS INC COM 029712106 2011 45246 SH SOLE 45246 0 0
AMERICAN STATES WATER CO COM 029899101 205 6783 SH SOLE 6783 0 0
AMERICAN SUPERCONDUCTOR CORP COM 030111108 449 9134 SH SOLE 9134 0 0
AMERICAN TELESOURCE INTL INC COM 03018P108 35 15141 SH SOLE 15141 0 0
AMERICAN TOWER SYSTEMS CLASS COM 029912201 245 6500 SH SOLE 6500 0 0
AMERICAN WATER WORKS CO INC COM 030411102 1351 49015 SH SOLE 49015 0 0
AMERICREDIT CORP COM 03060R101 1123 38968 SH SOLE 38968 0 0
AMERIPATH INC COM 03071D109 221 15255 SH SOLE 15255 0 0
AMERISOURCE HEALTH CORP COM 03071P102 683 14535 SH SOLE 14535 0 0
AMES DEPARTMENT STORE COM 030789507 154 26662 SH SOLE 26662 0 0
AMETEK AEROSPACE PRODUCTS COM 031100100 566 26699 SH SOLE 26699 0 0
AMGEN INC COM 031162100 14664 210000 SH CALL SOLE 210000 0 0
AMGEN INC COM 031162100 349 5000 SH PUT SOLE 5000 0 0
AMGEN INC COM 031162100 16863 241491 SH SOLE 241491 0 0
AMR CORP COM 001765106 865 26473 SH SOLE 26473 0 0
AMSOUTH BANCORPORATION COM 032165102 502 40198 SH SOLE 40198 0 0
AMYLIN PHARMACEUTICALS COM 032346108 276 25651 SH SOLE 25651 0 0
ANADARKO PETROLEUM CORP COM 032511107 2540 38226 SH SOLE 38226 0 0
ANADIGICS INC. COM 032515108 462 20899 SH SOLE 20899 0 0
ANALOG DEVICES INCORPORATED COM 032654105 5428 65747 SH SOLE 65747 0 0
ANALYSTS INTERNATIONAL CORP COM 032681108 98 13507 SH SOLE 13507 0 0
ANAREN MICROWAVE INC COM 032744104 574 4234 SH SOLE 4234 0 0
ANDREW CORPORATION COM 034425108 564 21524 SH SOLE 21524 0 0
ANHEUSER BUSCH INCORPORATED COM 035229103 10702 252918 SH SOLE 252918 0 0
ANIXTER INTERNATIONAL INC. COM 035290105 506 17380 SH SOLE 17380 0 0
ANN TAYLOR STORES CORP. COM 036115103 647 16837 SH SOLE 16837 0 0
ANTEC CORP COM 03664P105 664 22495 SH SOLE 22495 0 0
AON CORP COM 037389103 2123 54079 SH SOLE 54079 0 0
APACHE CORPORATION COM 037411105 1629 27545 SH SOLE 27545 0 0
APOLLO GROUP INC COM 037604105 2057 51591 SH SOLE 51591 0 0
APPLE COMPUTER INC COM 037833100 2575 100000 SH CALL SOLE 100000 0 0
APPLE COMPUTER INC COM 037833100 3301 128211 SH SOLE 128211 0 0
APPLEBEES COM 037899101 408 17729 SH SOLE 17729 0 0
APPLIED INDUSTRIAL TECHNOLGIE COM 03820C105 210 12154 SH SOLE 12154 0 0
APPLIED MATERIALS INC COM 038222105 11349 191347 SH SOLE 191347 0 0
APPLIED MICRO CIRCUITS CORP COM 03822W109 2809 13567 SH SOLE 13567 0 0
APRIA HEALTHCARE GROUP COM 037933108 631 45259 SH SOLE 45259 0 0
APTAR GROUP INC COM 038336103 478 19986 SH SOLE 19986 0 0
ARADIGM CORP COM 038505103 218 9512 SH SOLE 9512 0 0
ARCH COAL INC COM 039380100 191 19056 SH SOLE 19056 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 4 of 39
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>
ARCH WIRELESS INC COM 039392105 57 11433 SH SOLE 11433 0 0
ARCHER-DANIELS-MIDLAND CO COM 039483102 715 82884 SH SOLE 82884 0 0
ARDEN REALTY GROUP INC COM 039793104 899 33514 SH SOLE 33514 0 0
AREMISSOFT CORPORATION COM 040026106 364 9694 SH SOLE 9694 0 0
ARGOSY GAMING COM 040228108 256 14122 SH SOLE 14122 0 0
ARIAD PHARMACEUTICALS INC COM 04033A100 134 10677 SH SOLE 10677 0 0
ARIBA INC COM 04033V104 16476 115000 SH CALL SOLE 115000 0 0
ARNOLD INDS COM 042595108 289 17098 SH SOLE 17098 0 0
ARROW ELECTRONICS INCORPORATE COM 042735100 1687 49541 SH SOLE 49541 0 0
ARTESYN TECHNOLOGIES INC COM 043127109 740 25398 SH SOLE 25398 0 0
ARTHROCARE CORP COM 043136100 254 13068 SH SOLE 13068 0 0
ARTHUR J. GALLAGHER & COMPANY COM 363576109 1317 22273 SH SOLE 22273 0 0
ARVINMERITOR INC COM 043353101 922 62805 SH SOLE 62805 0 0
ASHLAND INC COM 044204105 426 12657 SH SOLE 12657 0 0
ASIA PACIFIC FUND COM 044901106 1467 167600 SH SOLE 167600 0 0
ASK JEEVES INC COM 045174109 242 12603 SH SOLE 12603 0 0
ASPEN TECHNOLOGY INC COM 045327103 856 18979 SH SOLE 18979 0 0
ASSOCIATED-BANC CORP COM 045487105 1263 48105 SH SOLE 48105 0 0
ASSOCIATES FIRST CAPITAL COM 046008207 1 30473 SH SOLE 30473 0 0
ASSOCIATES FIRST CAPITAL CORP COM 046008108 44086 1160166 SH SOLE 1160166 0 0
ASTORIA FINANCIAL CORPORATION COM 046265104 2808 72701 SH SOLE 72701 0 0
ASYST TECHNOLOGIES INC COM 04648X107 469 23150 SH SOLE 23150 0 0
AT HOME CORP SER A COM 045919107 585 41418 SH SOLE 41418 0 0
ATLANTIC COAST AIRLINES HLDGS COM 048396105 323 10040 SH SOLE 10040 0 0
ATLAS AIR INC COM 049164106 1212 28696 SH SOLE 28696 0 0
ATMEL CORP COM 049513104 4651 306260 SH SOLE 306260 0 0
ATMOS ENERGY COM 049560105 399 19347 SH SOLE 19347 0 0
AUDIOVOX CLASS A COM 050757103 152 10066 SH SOLE 10066 0 0
AURORA BIOSCIENCES CORP COM 051920106 905 13310 SH SOLE 13310 0 0
AUTODESK INCORPORATED COM 052769106 351 13817 SH SOLE 13817 0 0
AUTOMATIC DATA PROCESSING INC COM 053015103 7677 114791 SH SOLE 114791 0 0
AUTOZONE INC COM 053332102 543 23924 SH SOLE 23924 0 0
AVANT CORPORATION COM 053487104 354 19373 SH SOLE 19373 0 0
AVANT IMMUNOTHERAPEUTICS INC COM 053491106 280 25907 SH SOLE 25907 0 0
AVERY DENNISON CORP COM 053611109 852 18372 SH SOLE 18372 0 0
AVID TECHNOLOGIES INC COM 05367P100 151 10786 SH SOLE 10786 0 0
AVIGEN INC COM 053690103 290 7295 SH SOLE 7295 0 0
AVIRON COM 053762100 702 12035 SH SOLE 12035 0 0
AVIS GROUP HOLDING INC A COM 053790101 453 15291 SH SOLE 15291 0 0
AVISTA CORP COM 05379B107 517 22972 SH SOLE 22972 0 0
AVNET INCORPORATED COM 053807103 1947 68630 SH SOLE 68630 0 0
AVOCENT CORP COM 053893103 2863 51932 SH SOLE 51932 0 0
AVON PRODUCTS INCORPORATED COM 054303102 1925 47107 SH SOLE 47107 0 0
AVT CORPORATION COM 002420107 81 14642 SH SOLE 14642 0 0
AWARE INC COM 05453N100 278 7232 SH SOLE 7232 0 0
AXENT TECHNOLOGIES COM 05459C108 426 19755 SH SOLE 19755 0 0
AXT INC COM 00246W103 383 9162 SH SOLE 9162 0 0
AZTAR CORP COM 054802103 296 19280 SH SOLE 19280 0 0
AZURIX CORP COM 05501M104 48 13479 SH SOLE 13479 0 0
B F GOODRICH COMPANY COM 382388106 664 16946 SH SOLE 16946 0 0
B T FINANCIAL CORP COM 055763106 202 10915 SH SOLE 10915 0 0
BAKER HUGHES INC COM 057224107 2399 64609 SH SOLE 64609 0 0
BALDOR ELECTRIC COMPANY COM 057741100 327 16109 SH SOLE 16109 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 5 of 39
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>
BALL CORPORATION COM 058498106 443 13971 SH SOLE 13971 0 0
BALLY HEALTH & TENNIS CORP COM 05873K108 256 10220 SH SOLE 10220 0 0
BANCORP SOUTH INC COM 059692103 675 46945 SH SOLE 46945 0 0
BANDAG INC COM 059815100 563 15659 SH SOLE 15659 0 0
BANK NEW YORK INC COM 064057102 8244 147045 SH SOLE 147045 0 0
BANK OF AMERICA CORP COM 060505104 5238 100000 SH PUT SOLE 100000 0 0
BANK OF AMERICA CORP COM 060505104 19598 374194 SH SOLE 374194 0 0
BANK ONE CORP COM 06423A103 8909 230666 SH SOLE 230666 0 0
BANK UNITED CORP - CL A COM 065412108 1205 23771 SH SOLE 23771 0 0
BANKNORTH GROUP INC COM 06646R107 1680 93988 SH SOLE 93988 0 0
BANTA CORPORATION COM 066821109 825 33856 SH SOLE 33856 0 0
BARNES & NOBLE, INC COM 067774109 1286 65316 SH SOLE 65316 0 0
BARNESANDNOBLE.COM INC COM 067846105 65 13335 SH SOLE 13335 0 0
BARR LABS COM 068306109 565 8518 SH SOLE 8518 0 0
BARRA INC COM 068313105 421 6782 SH SOLE 6782 0 0
BARRETT RES CORP NEW COM 068480201 425 11240 SH SOLE 11240 0 0
BARRICKS GOLD CORP. COM 067901108 758 49683 SH SOLE 49683 0 0
BARRY PETROLEUM COM 085789105 192 10640 SH SOLE 10640 0 0
BATTLE MTN GOLD CO COM 071593107 160 91340 SH SOLE 91340 0 0
BAUSCH & LOMB INCORPORATED COM 071707103 664 17051 SH SOLE 17051 0 0
BAXTER INTERNATIONAL INC COM 071813109 5290 66279 SH SOLE 66279 0 0
BB&T COPRORATION COM 054937107 1847 61309 SH SOLE 61309 0 0
BE FREE INC COM 073308108 68 15968 SH SOLE 15968 0 0
BEA SYSTEMS INC COM 073325102 265 3400 SH SOLE 3400 0 0
BEAR STEARNS COS INC COM 073902108 1787 28373 SH SOLE 28373 0 0
BECKMAN COULTER INC COM 075811109 2242 29068 SH SOLE 29068 0 0
BECTON DICKINSON & COMPANY COM 075887109 1610 60917 SH SOLE 60917 0 0
BED BATH & BEYOND INC COM 075896100 2288 93791 SH SOLE 93791 0 0
BELDEN INC COM 077459105 250 10584 SH SOLE 10584 0 0
BELL AND HOWELL COM 077852101 299 13674 SH SOLE 13674 0 0
BELLSOUTH CORP COM 079860102 16258 403925 SH SOLE 403925 0 0
BEMIS COMPANY INCORPORATED COM 081437105 283 8802 SH SOLE 8802 0 0
BENCHMARK ELECTRS INC COM 08160H101 1141 21948 SH SOLE 21948 0 0
BERGEN BRUNSWIG CORP CLASS A COM 083739102 1544 132126 SH SOLE 132126 0 0
BERKLEY W R CORP COM 084423102 415 12016 SH SOLE 12016 0 0
BEST BUY COMPANY INC COM 086516101 2543 39961 SH SOLE 39961 0 0
BESTFOODS COM 08658U101 5132 70546 SH SOLE 70546 0 0
BETHLEHEM STEEL CORPORATION COM 087509105 223 74315 SH SOLE 74315 0 0
BEVERLY ENTERPRISES INC COM 087851309 231 38843 SH SOLE 38843 0 0
BEYOND.COM CONVT BOND BOND CV 08860EAB7 313 852000 PRN SOLE 0 0 0
BILLING CONCEPTS CORP COM 090063108 67 20886 SH SOLE 20886 0 0
BINDLEY WESTERN INDUSTRIES IN COM 090324104 549 17165 SH SOLE 17165 0 0
BINDVIEW DEVELOPMENT CORP COM 090327107 217 28675 SH SOLE 28675 0 0
BIO-TECHNOLOGY GENERAL CORP COM 090578105 344 30109 SH SOLE 30109 0 0
BIOGEN INC MASS COM 090597105 5706 93537 SH SOLE 93537 0 0
BIOGEN INC MASS COM 090597105 5685 93200 SH PUT SOLE 93200 0 0
BIOMET INCORPORATED COM 090613100 2093 59804 SH SOLE 59804 0 0
BIOSITE DIAGNOSTICS INC COM 090945106 263 6606 SH SOLE 6606 0 0
BIOVAIL INC 6.75% CONV PRFD ST PFD CV 09067J208 6365 83625 SH SOLE 83625 0 0
BJ SERVICES CO. COM 055482103 3154 51602 SH SOLE 51602 0 0
BJ'S WHOLESALE CLUB INC COM 05548J106 1500 43956 SH SOLE 43956 0 0
BLACK & DECKER MANUFACTURING COM 091797100 377 11016 SH SOLE 11016 0 0
BLACK BOX CORP. COM 091826107 394 8451 SH SOLE 8451 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 6 of 39
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>
BLACK HILLS CORPORATIONS COM 092113109 648 23092 SH SOLE 23092 0 0
BLACKROCK INC COM 09247X101 239 7464 SH SOLE 7464 0 0
BLOCK H & R INC COM 093671105 600 16193 SH SOLE 16193 0 0
BLYTH, INC COM 09643P108 1170 49940 SH SOLE 49940 0 0
BMC SOFTWARE INC COM 055921100 956 50000 SH PUT SOLE 50000 0 0
BMC SOFTWARE INC COM 055921100 1925 100641 SH SOLE 100641 0 0
BOB EVANS FARMS INCORPORATED COM 096761101 765 41375 SH SOLE 41375 0 0
BOCA RESORTS IN CLASS A COM 09688T106 155 14106 SH SOLE 14106 0 0
BOEING CO COM 097023105 9450 150000 SH PUT SOLE 150000 0 0
BOEING CO COM 097023105 13534 214825 SH SOLE 214825 0 0
BOISE CASCADE CORPORATION COM 097383103 485 18276 SH SOLE 18276 0 0
BORDERS GROUP INC COM 099709107 1190 85355 SH SOLE 85355 0 0
BORG WARNER INC COM 099724106 741 22362 SH SOLE 22362 0 0
BOSTON SCIENTIFIC CORP COM 101137107 1338 81399 SH SOLE 81399 0 0
BOWATER INCORPORATED COM 102183100 1771 38140 SH SOLE 38140 0 0
BOY KIN LUDGING CO COM 103430104 153 14778 SH SOLE 14778 0 0
BOYD GAMING CORP COM 103304101 125 25267 SH SOLE 25267 0 0
BOYDS COLLECTION LTD COM 103354106 198 26866 SH SOLE 26866 0 0
BRADY W.H. COMPANY COM 104674106 283 9364 SH SOLE 9364 0 0
BRANDYWINE REALTY TRUST COM 105368203 451 22292 SH SOLE 22292 0 0
BRE PROPERTIES INC COM 05564E106 816 25487 SH SOLE 25487 0 0
BRIGGS & STRATTON CORPORATION COM 109043109 382 10100 SH SOLE 10100 0 0
BRIGHTPOINT INC COM 109473108 130 25864 SH SOLE 25864 0 0
BRINKER INTERNATIONAL INC COM 109641100 1049 34828 SH SOLE 34828 0 0
BRISTOL MYERS SQUIBB CO. COM 110122108 22341 391086 SH SOLE 391086 0 0
BROADBASE SOFTWARE INC COM 11130R100 205 15119 SH SOLE 15119 0 0
BROADCOM CORP COM 111320107 10069 41308 SH SOLE 41308 0 0
BROADVISION INC COM 111412102 726 28264 SH SOLE 28264 0 0
BROADWING INC COM 111620100 2916 114085 SH SOLE 114085 0 0
BROOKS AUTOMATION INC COM 11434A100 444 13410 SH SOLE 13410 0 0
BROOKTROUT TECHNOLOGY INC COM 114580103 213 6457 SH SOLE 6457 0 0
BROWN & BROWN INC COM 115236101 236 7411 SH SOLE 7411 0 0
BROWN FORMAN CORP COM 115637209 1148 20963 SH SOLE 20963 0 0
BRUNSWICK CORP COM 117043109 201 11023 SH SOLE 11023 0 0
BRUSH ENGINEERED MATERIALS IN COM 117421107 296 13698 SH SOLE 13698 0 0
BUCKEYE TECHNOLOGY CORP COM 118255108 224 10781 SH SOLE 10781 0 0
BUFFETS INCORPORATED COM 119882108 671 48799 SH SOLE 48799 0 0
BURLINGTON NORTHERN SANTE FE COM 12189T104 1761 81682 SH SOLE 81682 0 0
BURLINGTON RESOURCES COM 122014103 2212 60084 SH SOLE 60084 0 0
BURNS INTL SRVC CORP COM 122374101 224 10426 SH SOLE 10426 0 0
C - COR ELECTRONICS INC COM 125010108 286 18679 SH SOLE 18679 0 0
C F W COMMUNICATIONS CO COM 124923103 212 7834 SH SOLE 7834 0 0
C P & L ENERGY INC COM 12614C106 1991 47765 SH SOLE 47765 0 0
C R BARD INCORPORATED COM 067383109 497 11764 SH SOLE 11764 0 0
C S X CORPORATION COM 126408103 1020 46742 SH SOLE 46742 0 0
C&D TECHNOLOGY COM 124661109 898 15827 SH SOLE 15827 0 0
C-CUBE MICROSYSTEMS INC NEW COM 12501N108 496 24209 SH SOLE 24209 0 0
C.H. ROBINSON WORLDWIDE INC COM 12541W100 1095 19421 SH SOLE 19421 0 0
C.I.T. GROUP COM 125577106 712 40684 SH SOLE 40684 0 0
CABLE DESIGN TECHNOLOGIES COR COM 126924109 833 34245 SH SOLE 34245 0 0
CABLETRON SYS INC COM 126920107 1192 40585 SH SOLE 40585 0 0
CABLEVISION SYSTEMS CORP COM 12686C109 554 8350 SH SOLE 8350 0 0
CABOT CORPORATION COM 127055101 1678 52959 SH SOLE 52959 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 7 of 39
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>
CABOT INDUSTRIAL TRUST COM 127072106 331 16613 SH SOLE 16613 0 0
CADENCE DESIGN SYS INC COM 127387108 4036 157114 SH SOLE 157114 0 0
CADIZ INC COM 127537108 162 16175 SH SOLE 16175 0 0
CAL DIVE INTERNATIONAL INC COM 127914109 408 7126 SH SOLE 7126 0 0
CALIFORNIA AMPLIFIER INC COM 129900106 347 15088 SH SOLE 15088 0 0
CALLAWAY GOLF CO COM 131193104 1351 87841 SH SOLE 87841 0 0
CALPINE CORPORATION COM 131347106 9071 86910 SH SOLE 86910 0 0
CAMBREX CORP COM 132011107 819 22131 SH SOLE 22131 0 0
CAMBRIDGE TECHNOLOGY PARTNERS COM 132524109 233 53149 SH SOLE 53149 0 0
CAMDEN PROPERTY TRUST COM 133131102 871 28087 SH SOLE 28087 0 0
CAMPBELL SOUP COMPANY COM 134429109 1591 61496 SH SOLE 61496 0 0
CANADIAN NATL RAILWA Y CO 5.25 PFD CV 136375409 229 5100 SH SOLE 5100 0 0
CANDESCENT TECH CORP CONV DEBE BOND CV 137392AA4 1703 2000000 PRN SOLE 0 0 0
CAPITAL ONE FINANCIAL CORP. COM 14040H105 2551 36414 SH SOLE 36414 0 0
CAPITOL FEDERAL FINANCIAL COM 14057C106 339 23203 SH SOLE 23203 0 0
CAPROCK COMMUNICATIONS COM 140667106 72 14087 SH SOLE 14087 0 0
CAPSTEAD MORTGAGE CORP COM 14067E407 127 14061 SH SOLE 14061 0 0
CARAUSTAR INDS INC COM 140909102 119 10751 SH SOLE 10751 0 0
CARDINAL HEALTH INC COM 14149Y108 4558 51682 SH SOLE 51682 0 0
CARDIODYNAMICS INTL CORP COM 141597104 55 10484 SH SOLE 10484 0 0
CAREER EDUCATION CORP COM 141665109 413 9276 SH SOLE 9276 0 0
CAREMARK RX CAP TRUST I SERIES PFD CV 14170K209 9380 117187 SH SOLE 117187 0 0
CAREMARK RX INC COM 141705103 1285 114221 SH SOLE 114221 0 0
CAREMATRIX CORP CONV SUB NOTES BOND CV 141706AC5 158 500000 PRN SOLE 0 0 0
CAREMATRIX CORP CONV SUB NOTES BOND CV 141706AA9 158 500000 PRN SOLE 0 0 0
CARLISLE CORPORATION COM 142339100 1260 30364 SH SOLE 30364 0 0
CARNIVAL CORP. COM 143658102 2653 107739 SH SOLE 107739 0 0
CARPENTER TECHNOLOGY CORP COM 144285103 528 18136 SH SOLE 18136 0 0
CARTER-WALLACE CORPORATION COM 146285101 743 30409 SH SOLE 30409 0 0
CASELLA ASTE SYSTEMS INC-A COM 147448104 132 13017 SH SOLE 13017 0 0
CASEYS GENERAL STORES INC COM 147528103 276 21195 SH SOLE 21195 0 0
CASH AMERICAN INTERNATIONAL COM 14754D100 101 13786 SH SOLE 13786 0 0
CATALYTICA INC COM 148885106 125 10100 SH SOLE 10100 0 0
CATELLUS DEV CORP COM 149111106 885 50579 SH SOLE 50579 0 0
CATERPILLAR INC COM 149123101 2477 73380 SH SOLE 73380 0 0
CATHAY BANCORP INC COM 149150104 220 4506 SH SOLE 4506 0 0
CB RICHARD ELLIS SERVICES COM 12489L108 139 11357 SH SOLE 11357 0 0
CBL & ASSOCIATES PPOPERTIES COM 124830100 466 18598 SH SOLE 18598 0 0
CBRL GROUP COM 12489V106 942 65531 SH SOLE 65531 0 0
CCC INFORMATION SVCS COM 12487Q109 81 10070 SH SOLE 10070 0 0
CDW COMPUTER CENTERS INC COM 125129106 3663 53084 SH SOLE 53084 0 0
CEC ENTERTAINMENT COM 125137109 537 16770 SH SOLE 16770 0 0
CELERITEK INC COM 150926103 226 6008 SH SOLE 6008 0 0
CELL GENESYS INCORPORATED COM 150921104 524 17472 SH SOLE 17472 0 0
CELL PATHWAYS COM 15114R101 110 13593 SH SOLE 13593 0 0
CELL THERAPEUTICS INC COM 150934107 1033 15490 SH SOLE 15490 0 0
CENDANT CORPORATION COM 151313103 240 112967 SH SOLE 112967 0 0
CENTERPOINT PROPERTIES CORP COM 151895109 323 7020 SH SOLE 7020 0 0
CENTEX CORPORATION COM 152312104 1601 49840 SH SOLE 49840 0 0
CENTURY BUSINESS SERVICES COM 156490104 60 45847 SH SOLE 45847 0 0
CENTURYTEL INC COM 156700106 963 35323 SH SOLE 35323 0 0
CEPHALON INC COM 156708109 262 5400 SH SOLE 5400 0 0
CERIDIAN CORP COM 15677T106 533 19006 SH SOLE 19006 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 8 of 39
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>
CERNER CORP COM 156782104 675 14542 SH SOLE 14542 0 0
CH ENERGY GROUP INC COM 12541M102 312 7814 SH SOLE 7814 0 0
CHAMPION ENTERPRISES INC COM 158496109 48 11305 SH SOLE 11305 0 0
CHARLES SCHWAB CORP NEW COM 808513105 533 15000 SH PUT SOLE 15000 0 0
CHARLES SCHWAB CORP NEW COM 808513105 2396 67500 SH CALL SOLE 67500 0 0
CHARLES SCHWAB CORP NEW COM 808513105 10788 303898 SH SOLE 303898 0 0
CHARMING SHOPPES INCORPORATED COM 161133103 149 28586 SH SOLE 28586 0 0
CHARTER ONE FINANCIAL COM 160903100 1270 52087 SH SOLE 52087 0 0
CHASE MANHATTAN CORP NEW COM 16161A108 11366 246094 SH SOLE 246094 0 0
CHATEAU COMMUNITIES INC COM 161726104 332 12397 SH SOLE 12397 0 0
CHECKFREE CORP COM 162813109 1929 46041 SH SOLE 46041 0 0
CHECKPOINT SYSTEMS INC COM 162825103 97 12833 SH SOLE 12833 0 0
CHEESECAKE FACTORY INC COM 163072101 725 16752 SH SOLE 16752 0 0
CHELSEA GCA REALTY INC COM 163262108 213 6073 SH SOLE 6073 0 0
CHESAPEAKE ENERGY CORP COM 165167107 298 41440 SH SOLE 41440 0 0
CHEVRON CORPORATION COM 166751107 11231 131738 SH SOLE 131738 0 0
CHICOS FAS INC COM 168615102 285 8397 SH SOLE 8397 0 0
CHILDREN'S PLACE COM 168905107 314 12192 SH SOLE 12192 0 0
CHINADOTCOM CORP COM G2108N109 200 15000 SH SOLE 15000 0 0
CHIQUITA BRANDS INT INC COM 170032106 77 24528 SH SOLE 24528 0 0
CHIREX COM 170038103 210 6741 SH SOLE 6741 0 0
CHIRON CORPORATION COM 170040109 4050 90000 SH PUT SOLE 90000 0 0
CHIRON CORPORATION COM 170040109 6051 134477 SH SOLE 134477 0 0
CHIRON CORPORATION COM 170040109 1800 40000 SH CALL SOLE 40000 0 0
CHITTENDEN CORP COM 170228100 417 16217 SH SOLE 16217 0 0
CHOICE HOTELS INTERNATIONAL COM 169905106 306 27781 SH SOLE 27781 0 0
CHRIS CRAFT INDS INC COM 170520100 1749 21230 SH SOLE 21230 0 0
CHS ELECTRONICS INC COM 12542A206 0 16028 SH SOLE 16028 0 0
CHUBB CORP COM 171232101 2706 34202 SH SOLE 34202 0 0
CHURCH & DWIGHT INC COM 171340102 630 34312 SH SOLE 34312 0 0
CIENA CORP COM 171779101 3968 32311 SH SOLE 32311 0 0
CIENA CORP COM 171779101 9825 80000 SH PUT SOLE 80000 0 0
CIGNA CORPORATION COM 125509109 3495 33475 SH SOLE 33475 0 0
CINCINNATI FINANCIAL CORP COM 172062101 1164 32783 SH SOLE 32783 0 0
CINERGY CORP COM 172474108 1198 36241 SH SOLE 36241 0 0
CINTAS CORPORATION COM 172908105 5237 120226 SH SOLE 120226 0 0
CINTAS CORPORATION COM 172908105 1307 30000 SH PUT SOLE 30000 0 0
CIRCUIT CITY STORES- COM 172737108 1077 46805 SH SOLE 46805 0 0
CIRRUS LOGIC INC COM 172755100 2693 66806 SH SOLE 66806 0 0
CISCO SYS INC COM 17275R102 15194 275000 SH PUT SOLE 275000 0 0
CISCO SYS INC COM 17275R102 103979 1881975 SH SOLE 1881975 0 0
CISCO SYS INC COM 17275R102 14862 269000 SH CALL SOLE 269000 0 0
CITADEL COMMUNICATIONS CORP COM 172853202 343 20173 SH SOLE 20173 0 0
CITIGROUP INC COM 172967101 46004 850935 SH SOLE 850935 0 0
CITIZENS BANKING CORP COM 174420109 288 12501 SH SOLE 12501 0 0
CITRIX SYSTEMS INC. COM 177376100 1323 65926 SH SOLE 65926 0 0
CITY NATIONAL CORP. COM 178566105 1151 29799 SH SOLE 29799 0 0
CLAIRES STORES INC COM 179584107 492 27337 SH SOLE 27337 0 0
CLARENT CORP COM 180461105 371 9419 SH SOLE 9419 0 0
CLARUS CORPORATION COM 182707109 245 10751 SH SOLE 10751 0 0
CLAYTON HOME COM 184190106 1044 104441 SH SOLE 104441 0 0
CLEAR CHANNEL COMMUNICATIONS COM 184502102 6507 115175 SH SOLE 115175 0 0
CLECO CORP COM 12561W105 952 20355 SH SOLE 20355 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 9 of 39
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>
CLEVELAND-CLIFFS INC COM 185896107 249 10897 SH SOLE 10897 0 0
CLOROX COM 189054109 1858 46952 SH SOLE 46952 0 0
CMGI INC COM 125750109 1397 50000 SH PUT SOLE 50000 0 0
CMGI INC COM 125750109 1068 38231 SH SOLE 38231 0 0
CMGI INC COM 125750109 9946 356000 SH CALL SOLE 356000 0 0
CMS ENERGY CORP COM 125896100 659 24475 SH SOLE 24475 0 0
CNET NETWORKS COM 12613R104 245 10064 SH SOLE 10064 0 0
CNF TRANSPORTATION COM 12612W104 1215 54608 SH SOLE 54608 0 0
COASTAL CORPORATION COM 190441105 2881 38865 SH SOLE 38865 0 0
COBALT NETWORKS INC COM 19074R101 750 12958 SH SOLE 12958 0 0
COCA COLA CO COM 191216100 26348 477976 SH SOLE 477976 0 0
COCA COLA CO COM 191216100 5513 100000 SH PUT SOLE 100000 0 0
COCA COLA CO COM 191216100 6891 125000 SH CALL SOLE 125000 0 0
COCA COLA ENTERPRISES INC. COM 191219104 1138 71434 SH SOLE 71434 0 0
COHERENT INCORPORATED COM 192479103 1421 20902 SH SOLE 20902 0 0
COHU INCORPORATED COM 192576106 208 13591 SH SOLE 13591 0 0
COLGATE PALMOLIVE CO COM 194162103 4901 103837 SH SOLE 103837 0 0
COLLINS & AIKMAN CORP COM 194830105 185 39378 SH SOLE 39378 0 0
COLONIAL BANCGROUP INC COM 195493309 296 28545 SH SOLE 28545 0 0
COLONIAL PROPERTIES TRUST COM 195872106 412 16051 SH SOLE 16051 0 0
COLUMBIA ENERGY GROUP COM 197648108 1182 16651 SH SOLE 16651 0 0
COLUMBIA LABS INC COM 197779101 78 13459 SH SOLE 13459 0 0
COMCAST CORP COM 200300200 8461 206673 SH SOLE 206673 0 0
COMCAST CORP SUB DEBENTURES PFD CV 200300507 6269 93750 SH SOLE 93750 0 0
COMCAST CORP ZONES INTO PCS PFD CV 200300606 2867 42187 SH SOLE 42187 0 0
COMDISCO INC COM 200336105 1833 96162 SH SOLE 96162 0 0
COMERICA INC COM 200340107 2343 40096 SH SOLE 40096 0 0
COMFORT SYSTEMS USA INC COM 199908104 99 19068 SH SOLE 19068 0 0
COMMERCE BANCORP INC COM 200519106 876 15061 SH SOLE 15061 0 0
COMMERCE GROUP INC (MASS) COM 200641108 471 16278 SH SOLE 16278 0 0
COMMERCE ONE INC COM 200693109 25120 320000 SH CALL SOLE 320000 0 0
COMMERCIAL FEDERAL CORP COM 201647104 281 14710 SH SOLE 14710 0 0
COMMERCIAL NET LEASE REALTY COM 202218103 157 15087 SH SOLE 15087 0 0
COMMONWEALTH TELEPHONE COM 203349105 265 7196 SH SOLE 7196 0 0
COMMSCOPE COM 203372107 557 22722 SH SOLE 22722 0 0
COMMUNITY FIRST BANKSHARES IN COM 203902101 406 23104 SH SOLE 23104 0 0
COMPAQ COMPUTER CORP COM 204493100 5516 200000 SH PUT SOLE 200000 0 0
COMPAQ COMPUTER CORP COM 204493100 12383 448990 SH SOLE 448990 0 0
COMPASS BANCSHARES INC COM 20449H109 1201 61610 SH SOLE 61610 0 0
COMPLETE BUSINESS SOLUTIONS COM 20452F107 157 11613 SH SOLE 11613 0 0
COMPUCREDIT CORP COM 20478N100 729 13003 SH SOLE 13003 0 0
COMPUTER ASSOCIATES INTL INC COM 204912109 3441 136630 SH SOLE 136630 0 0
COMPUTER HORIZONS CORP COM 205908106 82 12032 SH SOLE 12032 0 0
COMPUTER NETWORK TECHNOLOGY COM 204925101 500 14552 SH SOLE 14552 0 0
COMPUTER SCIENCES CORPORATION COM 205363104 2313 31152 SH SOLE 31152 0 0
COMPUWARE CORP COM 205638109 785 93706 SH SOLE 93706 0 0
COMSTOCK RESOURCES INC COM 205768203 294 25854 SH SOLE 25854 0 0
COMVERSE TECH (NEW) COM 205862402 5199 48140 SH SOLE 48140 0 0
CONAGRA INC COM 205887102 1947 97031 SH SOLE 97031 0 0
CONCORD CAMERA COM 206156101 440 17167 SH SOLE 17167 0 0
CONCORD EFS, INC. COM 206197105 5250 147836 SH SOLE 147836 0 0
CONCURRENT COMPUTER CORP-NEW COM 206710204 565 29759 SH SOLE 29759 0 0
CONECTIV INC COM 206829103 1808 101119 SH SOLE 101119 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 10 of 39
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>
CONEXANT SYSTEMS INC COM 207142100 2808 67056 SH SOLE 67056 0 0
CONEXANT SYSTEMS INC SUB NOTES BOND CV 207142AB6 18631 9563000 PRN SOLE 0 0 0
CONNETICS CORP COM 208192104 400 16596 SH SOLE 16596 0 0
CONOCO INC CLASS B COM 208251405 2951 109566 SH SOLE 109566 0 0
CONSECO INCORPORATED COM 208464107 449 58832 SH SOLE 58832 0 0
CONSOL ENERGY INC COM 20854P109 258 16083 SH SOLE 16083 0 0
CONSOLIDATED EDISON INC COM 209115104 738 21631 SH SOLE 21631 0 0
CONSOLIDATED PRODUCTS INC COM 209798107 97 12068 SH SOLE 12068 0 0
CONSOLIDATED STORES CORP COM 210149100 163 12106 SH SOLE 12106 0 0
CONSTELLATION BRANDS INC CL A COM 21036P108 447 8232 SH SOLE 8232 0 0
CONSTELLATION ENERGY GROUP COM 210371100 1520 30560 SH SOLE 30560 0 0
CONVERGYS COPR COM 212485106 974 25047 SH SOLE 25047 0 0
COOPER CAMERON COM 216640102 2255 30600 SH SOLE 30600 0 0
COOPER COMP. INC COM 216648402 400 11303 SH SOLE 11303 0 0
COOPER INDS INC COM 216669101 1456 41309 SH SOLE 41309 0 0
COOPER TIRE & RUBR CO COM 216831107 274 27251 SH SOLE 27251 0 0
COORS (ADOLPH)COMPANY CL B COM 217016104 432 6838 SH SOLE 6838 0 0
COPART INC COM 217204106 230 16602 SH SOLE 16602 0 0
CORECOMM LIMITED SUB NOTES CON BOND CV 21869NAA3 3692 7000000 PRN SOLE 0 0 0
CORIXA CORP COM 21887F100 479 9529 SH SOLE 9529 0 0
CORN PRODUCTS INTERNATIONAL COM 219023108 448 19682 SH SOLE 19682 0 0
CORNERSTONE REALTY INCOME COM 21922V102 286 26891 SH SOLE 26891 0 0
CORNING INC COM 219350105 16266 54769 SH SOLE 54769 0 0
CORPORATE EXECUTIVE BOARD COM 21988R102 389 9653 SH SOLE 9653 0 0
COST PLUS INC COM 221485105 214 7095 SH SOLE 7095 0 0
COSTAR GRP COM 22160N109 216 5828 SH SOLE 5828 0 0
COSTCO WHOLESALE CORP COM 22160K105 1223 35000 SH PUT SOLE 35000 0 0
COSTCO WHOLESALE CORP COM 22160K105 4474 128051 SH SOLE 128051 0 0
COULTER PHARMACEUTICAL INC COM 222116105 273 9448 SH SOLE 9448 0 0
COUNTRYWIDE CREDIT INDUSTRIES COM 222372104 541 14328 SH SOLE 14328 0 0
COUSINS PROPERTIES INC COM 222795106 681 15818 SH SOLE 15818 0 0
COVAD COMMUNICATIONS GRP 144A BOND CV 222814AN5 552 585000 PRN SOLE 0 0 0
COVANCE INC COM 222816100 385 46965 SH SOLE 46965 0 0
COVENTRY CORP COM 222862104 553 36545 SH SOLE 36545 0 0
CRANE COMPANY COM 224399105 267 11669 SH SOLE 11669 0 0
CRAWFORD & COMPANY COM 224633107 224 18339 SH SOLE 18339 0 0
CREDENCE SYSTEMS CORPORATION COM 225302108 1124 37461 SH SOLE 37461 0 0
CROMPTON CORP COM 227116100 759 96346 SH SOLE 96346 0 0
CROSS TIMBERS OIL CO COM 227573102 625 32558 SH SOLE 32558 0 0
CROWN CORK & SEAL COMPANY INC COM 228255105 146 13656 SH SOLE 13656 0 0
CSG SYSTEM INTL INC COM 126349109 978 33736 SH SOLE 33736 0 0
CTS CORP COM 126501105 1487 29364 SH SOLE 29364 0 0
CUBIST PHARMACEUTICALS INC COM 229678107 869 16699 SH SOLE 16699 0 0
CULLEN/FROST BANKERS INC COM 229899109 1026 31554 SH SOLE 31554 0 0
CUMMINS ENGINE INC COM 231021106 730 24397 SH SOLE 24397 0 0
CUMULUS MEDIA INC CL A COM 231082108 92 15039 SH SOLE 15039 0 0
CURAGEN CORP COM 23126R101 797 14950 SH SOLE 14950 0 0
CV THERAPEUTICS CONV BOND 144A BOND CV 126667AA2 15155 11250000 PRN SOLE 0 0 0
CV THERAPEUTICS INC COM 126667104 693 8908 SH SOLE 8908 0 0
CVS CORPORATION COM 126650100 3576 77215 SH SOLE 77215 0 0
CYBER-CARE INC COM 23243T105 140 22026 SH SOLE 22026 0 0
CYLINK CORP COM 232565101 119 11366 SH SOLE 11366 0 0
CYMER INC COM 232572107 368 11994 SH SOLE 11994 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 11 of 39
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>
CYPRESS SEMICONDUCTOR CORP COM 232806109 3108 74782 SH SOLE 74782 0 0
CYTEC INDUSTRIES INC COM 232820100 1446 43243 SH SOLE 43243 0 0
CYTOGEN CORP COM 232824102 131 20775 SH SOLE 20775 0 0
D.R. HORTON INC COM 23331A109 305 17737 SH SOLE 17737 0 0
DAL-TILE INTERNATIONAL INC COM 23426R108 376 30095 SH SOLE 30095 0 0
DAN RAUSCHER CORP COM 233856103 660 7101 SH SOLE 7101 0 0
DANA CORPORATION COM 235811106 501 23281 SH SOLE 23281 0 0
DANAHER CORPORATION COM 235851102 1247 25057 SH SOLE 25057 0 0
DARDEN RESTAURANTS INC WI COM 237194105 357 17168 SH SOLE 17168 0 0
DATA BROADCASTING CORP COM 237596101 72 22501 SH SOLE 22501 0 0
DATA RETURN CORP COM 23785M104 240 11843 SH SOLE 11843 0 0
DDI CORP COM 233162106 362 8190 SH SOLE 8190 0 0
DEAN FOODS COMPANY COM 242361103 1631 49054 SH SOLE 49054 0 0
DEERE & COMPANY COM 244199105 1331 40043 SH SOLE 40043 0 0
DEL MONTE FOODS CO COM 24522P103 93 15100 SH SOLE 15100 0 0
DEL WEBB CORP FORMERLY COM 947423109 235 8483 SH SOLE 8483 0 0
DELCO REMY INTL COM 246626105 93 12194 SH SOLE 12194 0 0
DELHAIZE AMERICA INC COM 246688105 6678 382958 SH SOLE 382958 0 0
DELL COMPUTER COM 247025109 30088 976493 SH SOLE 976493 0 0
DELL COMPUTER COM 247025109 4622 150000 SH CALL SOLE 150000 0 0
DELL COMPUTER COM 247025109 14174 460000 SH PUT SOLE 460000 0 0
DELPHI AUTOMOTIVE SYSTEMS COM 247126105 1956 129309 SH SOLE 129309 0 0
DELTA & PINE LAND CO COM 247357106 461 17963 SH SOLE 17963 0 0
DELTA AIR LINES INC DEL COM 247361108 808 18208 SH SOLE 18208 0 0
DELUXE CORP COM 248019101 243 11951 SH SOLE 11951 0 0
DENDRITE INTERNATIONAL INC COM 248239105 367 13678 SH SOLE 13678 0 0
DENTSPLY INTL INC COM 249030107 1340 38353 SH SOLE 38353 0 0
DETROIT DIESEL CORPORATION COM 250837101 203 8897 SH SOLE 8897 0 0
DEVELOPERS DIVERSIFIED COM 251591103 226 17544 SH SOLE 17544 0 0
DEVON ENERGY CORP COM 25179M103 1126 18715 SH SOLE 18715 0 0
DEVRY INC DEL COM 251893103 1088 28914 SH SOLE 28914 0 0
DEXTER CORPORATION COM 252165105 977 16290 SH SOLE 16290 0 0
DIAL CORP COM 25247D101 1107 95230 SH SOLE 95230 0 0
DIAMOND TECH PARTNERS INC COM 252762109 1046 14092 SH SOLE 14092 0 0
DIEBOLD INCORPORATED COM 253651103 1442 54274 SH SOLE 54274 0 0
DIGITAL COURIER TECH INC COM 253838106 20 10930 SH SOLE 10930 0 0
DIGITAL INSIGHT COM 25385P106 366 10214 SH SOLE 10214 0 0
DIGITAL ISLAND INC COM 25385N101 657 35019 SH SOLE 35019 0 0
DILLARDS INC - CLASS A COM 254067101 244 22925 SH SOLE 22925 0 0
DIME BANCORP INC COM 25429Q102 1423 65983 SH SOLE 65983 0 0
DIONEX CORP COM 254546104 203 7331 SH SOLE 7331 0 0
DISNEY WALT CO COM 254687106 17239 450688 SH SOLE 450688 0 0
DOCUMENTUM INC COM 256159104 889 10947 SH SOLE 10947 0 0
DOLE FOOD COMPANY, INC. COM 256605106 781 52053 SH SOLE 52053 0 0
DOLLAR GENERAL CORPORATION COM 256669102 545 32550 SH SOLE 32550 0 0
DOLLAR TREE STORES INC COM 256747106 3090 76179 SH SOLE 76179 0 0
DOMINION RESOURCES INC COM 25746U109 7662 131962 SH SOLE 131962 0 0
DONALDSON COMPANY COM 257651109 1068 48568 SH SOLE 48568 0 0
DORAS FINANCIAL CORP COM 25811P100 218 13494 SH SOLE 13494 0 0
DOUBLECLICK INC COM 258609304 480 15000 SH SOLE 15000 0 0
DOVER CORP COM 260003108 1930 41127 SH SOLE 41127 0 0
DOVER DOWNS ENTERTAINMENT COM 260086103 168 12529 SH SOLE 12529 0 0
DOW CHEM CO COM 260543103 3341 133955 SH SOLE 133955 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 12 of 39
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>
DOW JONES & CO INC COM 260561105 1414 23364 SH SOLE 23364 0 0
DOWNEY FINANCIAL CORP COM 261018105 557 14097 SH SOLE 14097 0 0
DPL INCORPORATED (HOLDING CO) COM 233293109 2471 83055 SH SOLE 83055 0 0
DQE COM 23329J104 1181 29435 SH SOLE 29435 0 0
DRESS BARN INCORPORATED COM 261570105 207 9867 SH SOLE 9867 0 0
DREYERS GRAND ICE CREAM INC COM 261878102 378 17538 SH SOLE 17538 0 0
DSL.NET INC COM 262506108 41 13231 SH SOLE 13231 0 0
DSP GROUP INC COM 23332B106 1099 29406 SH SOLE 29406 0 0
DST SYSTEMS INC COM 233326107 4085 34764 SH SOLE 34764 0 0
DTE ENERGY CO. COM 233331107 1916 50099 SH SOLE 50099 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 7803 188307 SH SOLE 188307 0 0
DUKE ENERGY CORP COM 264399106 6931 80823 SH SOLE 80823 0 0
DUN & BRADSTREET COM 26483B106 1353 39297 SH SOLE 39297 0 0
DURA PHARMACEUTICALS INC COM 26632S109 808 22849 SH SOLE 22849 0 0
DYNEGY INC COM 26816Q101 11159 195772 SH SOLE 195772 0 0
E M C CORP MASS COM 268648102 40783 411426 SH SOLE 411426 0 0
E M C CORP MASS COM 268648102 18834 190000 SH CALL SOLE 190000 0 0
E M C CORP MASS COM 268648102 9913 100000 SH PUT SOLE 100000 0 0
E TOWN COM 269242103 437 6529 SH SOLE 6529 0 0
E TRADE GROUP INC COM 269246104 3016 183501 SH SOLE 183501 0 0
E TRADE GROUP INC CONV BOND SU BOND CV 269246AB0 843 907000 PRN SOLE 0 0 0
E*TRADE GROUP INC 144A CONV SU BOND CV 269246AA2 10918 11750000 PRN SOLE 0 0 0
E-SPIRO COMMUNICATION COM 269153102 80 27187 SH SOLE 27187 0 0
E.MEDSOFT.COM COM 26873Q101 33 12575 SH SOLE 12575 0 0
EARTHGRAINS COMPANY COM 270319106 347 18840 SH SOLE 18840 0 0
EARTHSHELL CORP COM 27032B100 18 14041 SH SOLE 14041 0 0
EARTHWEB INC CONV 144A SUB NTS BOND CV 27032CAA6 1263 3000000 PRN SOLE 0 0 0
EAST WEST BANCORP COM 27579R104 243 12421 SH SOLE 12421 0 0
EASTERN ENTERPRISES COM 27637F100 735 11513 SH SOLE 11513 0 0
EASTGROUP PROPERTIES COM 277276101 228 10236 SH SOLE 10236 0 0
EASTMAN CHEMICAL COMPANY COM 277432100 509 13789 SH SOLE 13789 0 0
EASTMAN KODAK COMPANY COM 277461109 2243 54868 SH SOLE 54868 0 0
EASTMAN KODAK COMPANY COM 277461109 2453 60000 SH CALL SOLE 60000 0 0
EATON CORPORATION COM 278058102 951 15439 SH SOLE 15439 0 0
EATON VANCE CORP COM 278265103 948 18591 SH SOLE 18591 0 0
EBAY INC COM 278642103 2684 39074 SH SOLE 39074 0 0
EBAY INC COM 278642103 8105 118000 SH PUT SOLE 118000 0 0
ECHOSTAR COMM. INC. COM 278762109 1235 23403 SH SOLE 23403 0 0
ECLIPSYS CORP COM 278856109 308 19261 SH SOLE 19261 0 0
ECOLAB INC COM 278865100 784 21752 SH SOLE 21752 0 0
EDISON INTERNATIONAL COM 281020107 662 34270 SH SOLE 34270 0 0
EDISON SCHOOLS INC COM 281033100 415 13073 SH SOLE 13073 0 0
EDUCATION MANAGEMENT COM 28139T101 215 7972 SH SOLE 7972 0 0
EDWARDS LIFESCIENCES CORP COM 28176E108 1156 52983 SH SOLE 52983 0 0
EEX CORP COM 26842V207 108 22370 SH SOLE 22370 0 0
EGL INC COM 268484102 235 7756 SH SOLE 7756 0 0
EL PASO ELECTRIC CO. COM 283677854 388 28170 SH SOLE 28170 0 0
EL PASO ENERGY CORP COM 283905107 2501 40582 SH SOLE 40582 0 0
ELANTEC SEMICONDUCTOR INC COM 284155108 1126 11299 SH SOLE 11299 0 0
ELECTRO SCIENTIFIC IND COM 285229100 542 15433 SH SOLE 15433 0 0
ELECTRONIC ARTS COM 285512109 5111 103504 SH SOLE 103504 0 0
ELECTRONIC DATA SYSTEMS CORP. COM 285661104 3412 82205 SH SOLE 82205 0 0
ELI LILLY & COMPANY COM 532457108 18761 231263 SH SOLE 231263 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 13 of 39
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>
ELOYALITY CORP COM 290151109 334 26200 SH SOLE 26200 0 0
EMCOR GROUP INC CONV NOTES BOND CV 29084QAC4 2605 2570000 PRN SOLE 0 0 0
EMCORE CORP COM 290846104 510 12270 SH SOLE 12270 0 0
EMERSON ELECTRIC CO COM 291011104 5808 86692 SH SOLE 86692 0 0
EMISPHERE TECHNOLOGIES INC COM 291345106 360 12029 SH SOLE 12029 0 0
EMPIRE DISTRICT ELECTRIC CO COM 291641108 358 13620 SH SOLE 13620 0 0
ENCOMPASS SERVICES CORP COM 29255U104 315 38827 SH SOLE 38827 0 0
ENERGEN CORPORATION COM 29265N108 346 11635 SH SOLE 11635 0 0
ENERGIZER HOLDINGS COM 29266R108 1264 51575 SH SOLE 51575 0 0
ENERGY CONVERSION DEVICES COM 292659109 305 8192 SH SOLE 8192 0 0
ENERGY EAST CORPORATION COM 29266M109 1368 60448 SH SOLE 60448 0 0
ENGLEHARD CORPORATION COM 292845104 389 23941 SH SOLE 23941 0 0
ENRON CORP COM 293561106 13014 148521 SH SOLE 148521 0 0
ENSCO INTERNATIONAL INC COM 26874Q100 3175 83003 SH SOLE 83003 0 0
ENTERCOM COMM 6.25% DUE 9/30/2 PFD CV 29363P104 971 23250 SH SOLE 23250 0 0
ENTERGY CORP COM 29364G103 1984 53271 SH SOLE 53271 0 0
ENTREMED INC COM 29382F103 224 8018 SH SOLE 8018 0 0
ENZO BIOCHEM INCORPORATED COM 294100102 649 13390 SH SOLE 13390 0 0
ENZON INCORPORATED COM 293904108 1337 20265 SH SOLE 20265 0 0
EPRESENCE INC COM 294348107 71 10485 SH SOLE 10485 0 0
EQUIFAX INCORPORATED COM 294429105 597 22171 SH SOLE 22171 0 0
EQUITY INNS INC COM 294703103 101 15170 SH SOLE 15170 0 0
ERICSSON L M TEL CO ADR CL B COM 294821400 4946 333909 SH SOLE 333909 0 0
ESSEX PROPERTY TRUST INC COM 297178105 559 10096 SH SOLE 10096 0 0
ETHAN ALLEN INTERIORS COM 297602104 531 18758 SH SOLE 18758 0 0
ETHYL CORPORATION COM 297659104 50 34735 SH SOLE 34735 0 0
ETOYS INC COM 297862104 184 34468 SH SOLE 34468 0 0
EVEREST RE GROUP LTD COM G3223R108 1485 29990 SH SOLE 29990 0 0
EVERGREEN RESOURCES INC. COM 299900308 370 10656 SH SOLE 10656 0 0
EXAR CORP COM 300645108 1082 8944 SH SOLE 8944 0 0
EXCALIBUR TECHNOLOGIES CORP COM 300651205 375 5578 SH SOLE 5578 0 0
EXCELON CORP COM 300691102 159 12846 SH SOLE 12846 0 0
EXCHANGE APPLICATIONS INC COM 300867108 167 36866 SH SOLE 36866 0 0
EXIDE CORP COM 302051107 129 14285 SH SOLE 14285 0 0
EXPRESS SCRIPTS INC CL A COM 302182100 1668 23089 SH SOLE 23089 0 0
EXTENDED STAY AMERICAN INC COM 30224P101 231 17445 SH SOLE 17445 0 0
EXXON MOBIL CORP COM 30231G102 81452 913908 SH SOLE 913908 0 0
EXXON MOBIL CORP COM 30231G102 7576 85000 SH PUT SOLE 85000 0 0
F & M NATL CORP COM 302374103 288 11777 SH SOLE 11777 0 0
F M C CORPORATION COM 302491303 364 5435 SH SOLE 5435 0 0
F N B CORP COM COM 302520101 307 14361 SH SOLE 14361 0 0
F5 NETWORKS INC COM 315616102 294 8639 SH SOLE 8639 0 0
FACTSET RESEARCH SYSTEMS INC COM 303075105 297 7889 SH SOLE 7889 0 0
FAIR ISSAC & CO COM 303250104 370 8658 SH SOLE 8658 0 0
FAIRFIELD COMMUNICATIONS INC COM 304231301 400 39484 SH SOLE 39484 0 0
FAMILY DOLLAR STORES COM 307000109 1257 65302 SH SOLE 65302 0 0
FASTENALL COM 311900104 1266 21968 SH SOLE 21968 0 0
FEDDERS CORP COM 313135105 63 16304 SH SOLE 16304 0 0
FEDERAL HOME LOAN MTG CORP COM 313400301 6588 121861 SH SOLE 121861 0 0
FEDERAL MOGUL CORPORATION COM 313549107 315 57879 SH SOLE 57879 0 0
FEDERAL NATIONAL MORTGAGE COM 313586109 13352 186745 SH SOLE 186745 0 0
FEDERAL REALTY INVESTMENT COM 313747206 199 10413 SH SOLE 10413 0 0
FEDERAL SIGNAL CORP COM 313855108 725 36492 SH SOLE 36492 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 14 of 39
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>
FEDERATED DEPT. STORES INC. COM 31410H101 1013 38783 SH SOLE 38783 0 0
FEDEX CORP COM 31428X106 2317 52266 SH SOLE 52266 0 0
FELCOR LODGING TRUST COM 31430F101 717 30993 SH SOLE 30993 0 0
FERRO CORPORATION COM 315405100 586 30751 SH SOLE 30751 0 0
FIDELITY NATL FINANCIAL COM 316326107 730 29485 SH SOLE 29485 0 0
FIFTH THIRD BANCORP COM 316773100 4811 89297 SH SOLE 89297 0 0
FILENET COM 316869106 425 23361 SH SOLE 23361 0 0
FINOVA GROUP INC COM 317928109 420 57977 SH SOLE 57977 0 0
FIRST AMERICAN CORPORATION COM 318522307 666 31882 SH SOLE 31882 0 0
FIRST BANCORP COM 318672102 234 9560 SH SOLE 9560 0 0
FIRST CHARTER CORP COM 319439105 209 14488 SH SOLE 14488 0 0
FIRST COMMONWEALTH FINL CORP COM 319829107 301 31020 SH SOLE 31020 0 0
FIRST DATA CORP COM 319963104 3017 77234 SH SOLE 77234 0 0
FIRST ENERGY CORP COM 337932107 1013 37591 SH SOLE 37591 0 0
FIRST FEDERAL FINANCIAL COM 337907109 230 10008 SH SOLE 10008 0 0
FIRST FINL BANCORP COM 320209109 293 18598 SH SOLE 18598 0 0
FIRST HEALTH GROUP CORP COM 320960107 926 28704 SH SOLE 28704 0 0
FIRST INDUSTRIAL REALTY TR COM 32054K103 428 13904 SH SOLE 13904 0 0
FIRST MERIT CORP COM 337915102 828 36107 SH SOLE 36107 0 0
FIRST MIDWEST BANCORP (DEL) COM 320867104 599 22501 SH SOLE 22501 0 0
FIRST SEC CORP COM 336294103 1761 107984 SH SOLE 107984 0 0
FIRST SENTINEL BANCORP INC COM 33640T103 130 13632 SH SOLE 13632 0 0
FIRST TENNESSEE NATIONAL CORP COM 337162101 996 48724 SH SOLE 48724 0 0
FIRST UNION CORPORATION COM 337358105 5749 178601 SH SOLE 178601 0 0
FIRST VIRGINIA BANKS INC COM 337477103 1081 25366 SH SOLE 25366 0 0
FIRST WASHINGTON REALTY TRUST COM 337489504 280 11027 SH SOLE 11027 0 0
FIRSTAR CORP COM 33763V109 3843 171773 SH SOLE 171773 0 0
FISERVE INC COM 337738108 5145 85922 SH SOLE 85922 0 0
FISHER SCIENTIFIC INTL COM 338032204 746 22102 SH SOLE 22102 0 0
FLEET BOSTON FINANCIAL CORP COM 339030108 6933 177775 SH SOLE 177775 0 0
FLEETWOOD CAP TRUST 6.00% PRFD PFD CV 339072407 603 25735 SH SOLE 25735 0 0
FLEETWOOD ENTERPRISES COM 339099103 306 22532 SH SOLE 22532 0 0
FLEMING COMPANIES INC COM 339130106 168 12874 SH SOLE 12874 0 0
FLORIDA PROGRESS CORPORATION COM 341109106 2294 43330 SH SOLE 43330 0 0
FLORIDA ROCK INDUSTRIES INC COM 341140101 272 6901 SH SOLE 6901 0 0
FLOWERS INDUSTRIES INC COM 343496105 1228 62993 SH SOLE 62993 0 0
FLOWSERVE CORP. COM 34354P105 434 26408 SH SOLE 26408 0 0
FLUOR CORPORATION COM 343861100 410 13678 SH SOLE 13678 0 0
FOOTSTAR INC COM 344912100 210 6490 SH SOLE 6490 0 0
FORD FRACTIONAL SHARES COM DEF370866 0 89600 SH SOLE 89600 0 0
FORD MOTOR COMPANY COM 345370860 8130 321180 SH SOLE 321180 0 0
FOREST CITY ENTERPRISES INC COM 345550107 262 7286 SH SOLE 7286 0 0
FOREST LABORATORIES INC COM 345838106 6413 55916 SH SOLE 55916 0 0
FOREST OIL CORP. COM 346091606 227 14036 SH SOLE 14036 0 0
FORT JAMES CORP COM 347471104 1262 41277 SH SOLE 41277 0 0
FORTUNE BRANDS INC COM 349631101 1048 39560 SH SOLE 39560 0 0
FORWARD AIR CORP COM 349853101 264 7516 SH SOLE 7516 0 0
FOUNDATION HEALTH SYSTEMS COM 350404109 2179 131066 SH SOLE 131066 0 0
FPL GROUP INCORPORATED COM 302571104 2259 34359 SH SOLE 34359 0 0
FRACTIONAL SHARES/VISTEON COR COM KCJ39U100 0 21562 SH SOLE 21562 0 0
FRANCHISE FINANCE CORP OF AME COM 351807102 842 37400 SH SOLE 37400 0 0
FRANKLIN RESOURCES INC COM 354613101 2025 45580 SH SOLE 45580 0 0
FREEPORT MCMORAN COPPER & COM 35671D857 614 69680 SH SOLE 69680 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 15 of 39
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>
FREMONT GENERAL CORP COM 357288109 81 23427 SH SOLE 23427 0 0
FRIEDE GOLDMAN INTL INC COM 358430106 90 12708 SH SOLE 12708 0 0
FRITZ COMPANIES INC COM 358846103 121 10053 SH SOLE 10053 0 0
FRONTLINE CAPITAL GROUP COM 35921N101 224 13632 SH SOLE 13632 0 0
FSI INTERNATIONAL INC COM 302633102 191 13406 SH SOLE 13406 0 0
FUELCELL ENERGY INC COM 35952H106 458 4762 SH SOLE 4762 0 0
FULTON FINANCIAL CORP COM 360271100 685 34591 SH SOLE 34591 0 0
FURNITURE BRANDS INTL INC COM 360921100 907 54536 SH SOLE 54536 0 0
FUTURELINK CORPORATION COM 36114Q208 59 19390 SH SOLE 19390 0 0
G & K SERVICES INCORPORATED COM 361268105 248 8855 SH SOLE 8855 0 0
GABLES RESIDENTIAL TRUST COM 362418105 424 15607 SH SOLE 15607 0 0
GALILEO INTERNATIONAL COM 363547100 519 33463 SH SOLE 33463 0 0
GANNETT COMPANY INCORPORATED COM 364730101 3088 58259 SH SOLE 58259 0 0
GAP INCORPORATED COM 364760108 5529 274740 SH SOLE 274740 0 0
GARTNER GROUP INC COM 366651107 411 35315 SH SOLE 35315 0 0
GARTNER GROUP INC CLASS B COM 366651206 310 28546 SH SOLE 28546 0 0
GATEWAY INC COM 367626108 2858 61127 SH SOLE 61127 0 0
GATX CORPORATION COM 361448103 967 23098 SH SOLE 23098 0 0
GAYLORD CONTAINER CORP CL A COM 368145108 58 34638 SH SOLE 34638 0 0
GELTEX PHARMACEUTICALS INC. COM 368538104 263 5627 SH SOLE 5627 0 0
GEMSTAR TV GUIDE INTL INC COM 36866W106 5358 61451 SH SOLE 61451 0 0
GEN COMM INC CLASS A COM 369385109 107 14991 SH SOLE 14991 0 0
GENCORP INCORPORATED COM 368682100 99 12201 SH SOLE 12201 0 0
GENE LOGIC INC COM 368689105 320 13920 SH SOLE 13920 0 0
GENENTECH INC COM 368710406 1560 8400 SH SOLE 8400 0 0
GENERAL CABLE CORP COM 369300108 226 29828 SH SOLE 29828 0 0
GENERAL DYNAMICS CORPORATION COM 369550108 2709 43123 SH SOLE 43123 0 0
GENERAL ELECTRIC COMPANY COM 369604103 5769 100000 SH PUT SOLE 100000 0 0
GENERAL ELECTRIC COMPANY COM 369604103 106934 1853683 SH SOLE 1853683 0 0
GENERAL MILLS INCORPORATED COM 370334104 1834 51665 SH SOLE 51665 0 0
GENERAL MTRS CORP COM 370442105 6500 100000 SH PUT SOLE 100000 0 0
GENERAL MTRS CORP COM 370442105 19100 293848 SH SOLE 293848 0 0
GENERAL SEMICONDUCTOR INC BOND CV 370787AA1 7641 7375000 PRN SOLE 0 0 0
GENERAL SEMICONDUCTOR INC COM 370787103 135 11036 SH SOLE 11036 0 0
GENERAL SEMICONUCTOR CONV SUB BOND CV 370787AB9 2193 2117000 PRN SOLE 0 0 0
GENOME THERAPEUTICS CORP COM 372430108 246 11984 SH SOLE 11984 0 0
GENRAD INC COM 372447102 137 12428 SH SOLE 12428 0 0
GENZYME CORP COM 372917104 4391 64393 SH SOLE 64393 0 0
GENZYME CORP COM 372917104 682 10000 SH PUT SOLE 10000 0 0
GENZYME TRANSGENICS CORP COM 37246E105 376 10656 SH SOLE 10656 0 0
GEORGE A HORMEL & COMPANY COM 440452100 1042 62463 SH SOLE 62463 0 0
GEORGIA GULF CORP COM 373200203 404 35350 SH SOLE 35350 0 0
GEORGIA PACIFIC (TIMBER) CORP COM 373298702 1322 49192 SH SOLE 49192 0 0
GEORGIA PACIFIC CORPORATION COM 373298108 880 37444 SH SOLE 37444 0 0
GERON CORP COM 374163103 307 10821 SH SOLE 10821 0 0
GILEAD SCIENCES INC COM 375558103 3117 28415 SH SOLE 28415 0 0
GILLETTE COMPANY COM 375766102 12160 393837 SH SOLE 393837 0 0
GLATFELTER COMPANY COM 377316104 359 29572 SH SOLE 29572 0 0
GLENAYRE TECHNOLOGIES, INC COM 377899109 382 35109 SH SOLE 35109 0 0
GLENBOROUGH REALTY TRUST COM 37803P105 293 16255 SH SOLE 16255 0 0
GLOBAL CROSSING HLDG LTD 6.37 PFD CV 37932J202 2415 26617 SH SOLE 26617 0 0
GLOBAL CROSSING LTD COM G3921A100 8324 268506 SH SOLE 268506 0 0
GLOBAL CROSSING LTD PFD CV G3921A142 1100 5434 SH SOLE 5434 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 16 of 39
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>
GLOBAL CROSSING LTD 6.75% CONV PFD CV G3921A134 7197 28223 SH SOLE 28223 0 0
GLOBAL MARINE COM 379352404 3289 106529 SH SOLE 106529 0 0
GLOBIX CORP COM 37957F101 414 17755 SH SOLE 17755 0 0
GMS COM G3788V106 4257 70000 SH PUT SOLE 70000 0 0
GO2NET INC COM 383486107 715 13178 SH SOLE 13178 0 0
GOLD BANC CORP INC COM 379907108 58 11363 SH SOLE 11363 0 0
GOLDEN WEST FINANCIAL CORP COM 381317106 2157 40222 SH SOLE 40222 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 1071 9400 SH SOLE 9400 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 3418 30000 SH PUT SOLE 30000 0 0
GOODYEAR TIRE & RUBR CO COM 382550101 3549 197139 SH SOLE 197139 0 0
GOTO.COM COM 38348T107 221 13415 SH SOLE 13415 0 0
GPU INC COM 36225X100 984 30344 SH SOLE 30344 0 0
GRACO INCORPORATED COM 384109104 329 10197 SH SOLE 10197 0 0
GRANITE CONSTRUCTION INC COM 387328107 562 23160 SH SOLE 23160 0 0
GRANT PRIDECO INC COM 38821G101 1262 57542 SH SOLE 57542 0 0
GREAT LAKES CHEMICAL CORP COM 390568103 844 28786 SH SOLE 28786 0 0
GREAT PLAINS SOFTWARE INC COM 39119E105 247 8796 SH SOLE 8796 0 0
GREATER BAY BANCORP COM 391648102 1123 16169 SH SOLE 16169 0 0
GREENPOINT FINANCIAL CORP COM 395384100 1811 61127 SH SOLE 61127 0 0
GREIF BROTHERS CL A COM 397624107 232 6982 SH SOLE 6982 0 0
GREY WOLF INC COM 397888108 625 108710 SH SOLE 108710 0 0
GRIFFON CORP COM 398433102 101 13343 SH SOLE 13343 0 0
GTECH HLDGS CORP COM 400518106 681 41100 SH SOLE 41100 0 0
GUCCI GROUP INC. COM 401566104 2007 19900 SH SOLE 19900 0 0
GUIDANT CORP COM 401698105 4164 58913 SH SOLE 58913 0 0
GUILDFORD PHARMACUETICALS INC COM 401829106 305 13232 SH SOLE 13232 0 0
GUITAR CENTER INC COM 402040109 159 12926 SH SOLE 12926 0 0
H.B.FULLER COMPANY COM 359694106 312 10840 SH SOLE 10840 0 0
H.J.HEINZ COMPANY COM 423074103 4743 127977 SH SOLE 127977 0 0
HA-LO INDS INC COM 404429102 139 34872 SH SOLE 34872 0 0
HAEMONETICS CORP COM 405024100 268 10494 SH SOLE 10494 0 0
HAIN CELESTIAL GROUP INT COM 405217100 525 14950 SH SOLE 14950 0 0
HALLIBURTON CO (HOLDING CO) COM 406216101 4079 83344 SH SOLE 83344 0 0
HANDLEMAN COMPANY COM 410252100 185 14912 SH SOLE 14912 0 0
HANOVER COMPRESSOR CO. COM 410768105 1036 31448 SH SOLE 31448 0 0
HANOVER DIRECT INC DE COM 410783104 48 84763 SH SOLE 84763 0 0
HARBOR FLORIDA BANCSHARES COM 411901101 135 11217 SH SOLE 11217 0 0
HARCOURT GENERAL COM 41163G101 2324 39391 SH SOLE 39391 0 0
HARLEY DAVIDSON INCORPORATED COM 412822108 2723 56873 SH SOLE 56873 0 0
HARMAN INTL COM 413086109 810 20710 SH SOLE 20710 0 0
HARRAHS ENT. INC. COM 413619107 574 20869 SH SOLE 20869 0 0
HARRIS CORPORATION COM 413875105 1790 62928 SH SOLE 62928 0 0
HARSCO CORPORATION COM 415864107 930 42153 SH SOLE 42153 0 0
HARTE-HANKS INC COM 416196103 811 29772 SH SOLE 29772 0 0
HARTFORD FINANCIAL SVCS GRP COM 416515104 3281 44985 SH SOLE 44985 0 0
HASBRO INCORPORATED COM 418056107 297 25958 SH SOLE 25958 0 0
HAWAIIAN ELECTRIC INDUSTRIES COM 419870100 1296 37152 SH SOLE 37152 0 0
HCA - THE HEALTHCARE COMPANY COM 404119109 4025 108424 SH SOLE 108424 0 0
HCC INSURANCE HOLDINGS INC COM 404132102 481 23701 SH SOLE 23701 0 0
HEALTH MGMT ASSOC INC COM 421933102 2964 142413 SH SOLE 142413 0 0
HEALTHCARE PROPERTIES COM 421915109 976 32946 SH SOLE 32946 0 0
HEALTHCARE REALTY TRUST INC COM 421946104 626 29632 SH SOLE 29632 0 0
HEALTHSOUTH REHABILITATION COM 421924101 623 76659 SH SOLE 76659 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 17 of 39
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>
HEIDRICK & STRUGGLES INTL COM 422819102 633 12317 SH SOLE 12317 0 0
HELIX TECHNOLOGY CORP COM 423319102 362 12101 SH SOLE 12101 0 0
HELMERICH & PAYNE INCORPORATE COM 423452101 1317 36458 SH SOLE 36458 0 0
HENRY SCHEIN INC. COM 806407102 221 11067 SH SOLE 11067 0 0
HERCULES INCORPORATED COM 427056106 182 12858 SH SOLE 12858 0 0
HERSHEY FOODS CORP COM 427866108 1042 19252 SH SOLE 19252 0 0
HEWLETT-PACKARD INCORPORATED COM 428236103 18122 186820 SH SOLE 186820 0 0
HI/FM INC COM 428358105 347 5088 SH SOLE 5088 0 0
HIBERNIA CORP CL A COM 428656102 1041 85002 SH SOLE 85002 0 0
HICKORY TECH CORP COM 429060106 287 12913 SH SOLE 12913 0 0
HIGH SPEED ACCESS CORP COM 42979U102 51 14158 SH SOLE 14158 0 0
HIGHWOOD PROPERTIES INC COM 431284108 1091 46174 SH SOLE 46174 0 0
HILLENBRAND INDUSTRIES INC COM 431573104 2249 50251 SH SOLE 50251 0 0
HILTON HOTELS CORPORATION COM 432848109 462 39972 SH SOLE 39972 0 0
HISPANIC BROADCASTING CORP COM 43357B104 2076 74485 SH SOLE 74485 0 0
HNC SOFTWARE INC COM 40425P107 1499 18326 SH SOLE 18326 0 0
HOLLINGER INTERNATIONAL COM 435569108 278 16604 SH SOLE 16604 0 0
HOLLYWOOD ENTERTAINMENT CORP COM 436141105 116 15620 SH SOLE 15620 0 0
HOME DEPOT INCORPORATED COM 437076102 7959 150000 SH PUT SOLE 150000 0 0
HOME DEPOT INCORPORATED COM 437076102 24614 463861 SH SOLE 463861 0 0
HOME PROPERTIES OF NEW YORK COM 437306103 303 10145 SH SOLE 10145 0 0
HOMESTAKE MNG CO COM 437614100 241 46377 SH SOLE 46377 0 0
HON INDUSTRIES INCORPORATED COM 438092108 1368 55564 SH SOLE 55564 0 0
HONEYWELL INTERNATIONAL INC COM 438516106 5564 156191 SH SOLE 156191 0 0
HOOPER HOLMES INC COM 439104100 289 30401 SH SOLE 30401 0 0
HORACE MANN EDUCATORS CORP COM 440327104 543 33188 SH SOLE 33188 0 0
HOSPITALITY PROPERTIES TRUST COM 44106M102 868 37152 SH SOLE 37152 0 0
HOTEL RESERVATIONS INC CL A COM 441451101 271 7410 SH SOLE 7410 0 0
HOUGHTON MIFFLIN COMPANY COM 441560109 1539 39200 SH SOLE 39200 0 0
HOUSEHOLD INTERNATIONAL INC COM 441815107 4942 87278 SH SOLE 87278 0 0
HRPT PROPERTIES TRUST COM 40426W101 849 121318 SH SOLE 121318 0 0
HS RESOURCES INC COM 404297103 222 6616 SH SOLE 6616 0 0
HSB GROUP INC COM 40428N109 706 17604 SH SOLE 17604 0 0
HUBBELL INC CLASS B COM 443510201 770 30740 SH SOLE 30740 0 0
HUDSON UNITED BANCORP COM 444165104 793 28696 SH SOLE 28696 0 0
HUMANA INC COM 444859102 1192 110889 SH SOLE 110889 0 0
HUNTINGTON BANCSHARES COM 446150104 668 45486 SH SOLE 45486 0 0
HUTCHINSON TECHNOLOGY INC COM 448407106 254 12037 SH SOLE 12037 0 0
HYPERION SOLUTIONS INC COM 44914M104 530 20475 SH SOLE 20475 0 0
I B P INC COM 449223106 1029 56184 SH SOLE 56184 0 0
I M C GLOBAL INC COM 449669100 1017 70110 SH SOLE 70110 0 0
I2 TECHNOLOGIES INC COM 465754109 4095 21890 SH SOLE 21890 0 0
ICG COMMUNICATIONS COM 449246107 11 25428 SH SOLE 25428 0 0
ICN PHARM. COM 448924100 1355 40740 SH SOLE 40740 0 0
IDACORP INC COM 451107106 2380 51463 SH SOLE 51463 0 0
IDEC PHARMACUETICAL COM 449370105 4718 26902 SH SOLE 26902 0 0
IDENTIX INC COM 451906101 163 13382 SH SOLE 13382 0 0
IDEX CORP COM 45167R104 463 16557 SH SOLE 16557 0 0
IDEXX LABS CORP COM 45168D104 454 16966 SH SOLE 16966 0 0
IDT CORP COM 448947101 537 13823 SH SOLE 13823 0 0
IGATE CAPITAL CORP COM 45169U105 82 15198 SH SOLE 15198 0 0
IHOP CORP NEW COM 449623107 209 10904 SH SOLE 10904 0 0
IKON OFFICE SOLUTIONS COM 451713101 271 68725 SH SOLE 68725 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 18 of 39
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>
ILEX ONCOLOGY INC COM 451923106 236 7847 SH SOLE 7847 0 0
ILLINOIS TOOLS WORKS INC COM 452308109 3122 55877 SH SOLE 55877 0 0
ILLUMINET HOLDINGS INC COM 452334105 328 11814 SH SOLE 11814 0 0
IMATION CORP. COM 45245A107 512 27469 SH SOLE 27469 0 0
IMATRON INCORPORATED COM 452906100 26 11317 SH SOLE 11317 0 0
IMCLONE SYSTEMS 144A CONV BOND BOND CV 45245WAA7 13531 11719000 PRN SOLE 0 0 0
IMMUNE RESPONSE CORP DEL COM 45252T106 78 11313 SH SOLE 11313 0 0
IMMUNEX CORP (NEW) COM 452528102 3106 71399 SH SOLE 71399 0 0
IMMUNOGEN INC COM 45253H101 670 19597 SH SOLE 19597 0 0
IMMUNOMEDICS INC COM 452907108 429 20492 SH SOLE 20492 0 0
IMPATH INC COM 45255G101 448 7096 SH SOLE 7096 0 0
IMPERIAL BANCORP COM 452556103 324 16940 SH SOLE 16940 0 0
IMS HEALTH CO COM 449934108 1107 53347 SH SOLE 53347 0 0
INACOM CORP COM 45323G109 1 27479 SH SOLE 27479 0 0
INCO LIMITED COM 453258402 441 27359 SH SOLE 27359 0 0
INCYTE GENOMICS INC COM 45337C102 1680 40848 SH SOLE 40848 0 0
INDEPENDENCE COMMUNITY BANK COM 453414104 429 30638 SH SOLE 30638 0 0
INDYMAC BANCORP, INC COM 456607100 1028 49988 SH SOLE 49988 0 0
INFOCUS CORPORATION COM 45665B106 2208 41658 SH SOLE 41658 0 0
INFORMATICA INC COM 45666Q102 1152 12352 SH SOLE 12352 0 0
INFORMIX CORP COM 456779107 506 122589 SH SOLE 122589 0 0
INFOUSA INC COM 456818301 72 14375 SH SOLE 14375 0 0
INGERSOLL-RAND COMPANY COM 456866102 1199 35386 SH SOLE 35386 0 0
INHALE THERAPEUTIC SYSTEMS COM 457191104 1083 19202 SH SOLE 19202 0 0
INHALE THERAPEUTIC SYSTEMS INC BOND CV 457191AD6 9801 6328000 PRN SOLE 0 0 0
INKTOMI CORP COM 457277101 3420 30000 SH CALL SOLE 30000 0 0
INNKEEPERS USA TRUST COM 4576J0104 115 11224 SH SOLE 11224 0 0
INPRISE CORP COM 45766C102 114 21310 SH SOLE 21310 0 0
INPUT/OUTPUT INC COM 457652105 279 28996 SH SOLE 28996 0 0
INSIGHT COMMUNICATIONS INC COM 45768V108 237 14953 SH SOLE 14953 0 0
INSIGHT ENTERPRISES INC COM 45765U103 471 17285 SH SOLE 17285 0 0
INSTITUFORM TECHNOLOGIES INC COM 457667103 439 13052 SH SOLE 13052 0 0
INTEGRA BANK CORP COM 45814P105 247 11145 SH SOLE 11145 0 0
INTEGRATED DEVICE TECHNOLOGY COM 458118106 5350 59117 SH SOLE 59117 0 0
INTEGRATED ELECTRICAL SVCS COM 45811E103 108 15656 SH SOLE 15656 0 0
INTEGRATED SILICON SOLUTION COM 45812P107 274 19337 SH SOLE 19337 0 0
INTEL CORP COM 458140100 9559 230000 SH CALL SOLE 230000 0 0
INTEL CORP COM 458140100 25353 610000 SH PUT SOLE 610000 0 0
INTEL CORP COM 458140100 79070 1902441 SH SOLE 1902441 0 0
INTELECT COMMMUNICATIONS INC COM 458144102 51 35465 SH SOLE 35465 0 0
INTELIDATA TECHNOLOGIES CORP COM 45814T107 104 19828 SH SOLE 19828 0 0
INTERDIGITAL COMMUNICATIONS COM 45866A105 373 26641 SH SOLE 26641 0 0
INTERFACE INC CL A FORMERLY COM 458665106 198 24868 SH SOLE 24868 0 0
INTERGRAPH CORPORATION COM 458683109 142 19821 SH SOLE 19821 0 0
INTERLIANT INC COM 458742103 180 22545 SH SOLE 22545 0 0
INTERLIANT INC CONV SUB NOTES BOND CV 458742AA1 2171 5157000 PRN SOLE 0 0 0
INTERMEDIA COMMUNICATION FLA COM 458801107 1214 41163 SH SOLE 41163 0 0
INTERMUNE PHARMACEUTICALS COM 45885B100 303 5593 SH SOLE 5593 0 0
INTERNATIONAL BANCSHARES COM 459044103 222 7259 SH SOLE 7259 0 0
INTERNATIONAL GAME TECHNOLOGY COM 459902102 1452 43169 SH SOLE 43169 0 0
INTERNATIONAL MULTIFOODS CORP COM 460043102 296 17039 SH SOLE 17039 0 0
INTERNATIONAL PAPER COMPANY COM 460146103 2691 93802 SH SOLE 93802 0 0
INTERNATIONAL RECTIFIER CORP COM 460254105 1490 29500 SH SOLE 29500 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 19 of 39
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>
INTERNET CAPITAL GRP COM 46059C106 1918 110000 SH CALL SOLE 110000 0 0
INTERNET CAPITAL GRP COM 46059C106 436 25000 SH PUT SOLE 25000 0 0
INTERNET PICTURES CORP COM 46059S101 142 26044 SH SOLE 26044 0 0
INTERPUBLIC GROUP OF COMPANIE COM 460690100 2179 63961 SH SOLE 63961 0 0
INTERSTATE BAKERIES CORP DEL COM 46072H108 605 41335 SH SOLE 41335 0 0
INTERTAN INC COM 461120107 267 18481 SH SOLE 18481 0 0
INTERTRUST TECHNOLOGIES CORP COM 46113Q109 385 31941 SH SOLE 31941 0 0
INTERVOICE-BRITE INC COM 461142101 117 11115 SH SOLE 11115 0 0
INTERWORLD CORP COM 46114Q108 41 10671 SH SOLE 10671 0 0
INTERWOVEN INC COM 46114T102 1920 16981 SH SOLE 16981 0 0
INTL BUSINESS MACHINES INC COM 459200101 47402 421349 SH SOLE 421349 0 0
INTL BUSINESS MACHINES INC COM 459200101 18000 160000 SH CALL SOLE 160000 0 0
INTL BUSINESS MACHINES INC COM 459200101 14625 130000 SH PUT SOLE 130000 0 0
INTL FIBERCOM INC COM 45950T101 184 12600 SH SOLE 12600 0 0
INTL FLAVORS & FRAGRANCES INC COM 459506101 235 12871 SH SOLE 12871 0 0
INTL SPEEDWAY CORP CLASS A COM 460335201 1168 29936 SH SOLE 29936 0 0
INTRANET SOLUTIONS INC COM 460939309 599 11989 SH SOLE 11989 0 0
INTUIT INC COM 461202103 8294 145510 SH SOLE 145510 0 0
INVACARE CORP COM 461203101 669 20839 SH SOLE 20839 0 0
INVESTMENT TECHNOLOGY GROUP COM 46145F105 1670 41805 SH SOLE 41805 0 0
INVESTORS FINANCIAL COM 461915100 768 12164 SH SOLE 12164 0 0
INVITROGEN CORP COM 46185R100 866 12172 SH SOLE 12172 0 0
IOMEGA CORP COM 462030107 685 136987 SH SOLE 136987 0 0
IPALCO ENTERPRISES COM 462613100 1170 51146 SH SOLE 51146 0 0
IRT PROPERTY CO COM 450058102 90 10253 SH SOLE 10253 0 0
ISIS PHARMACEUTICAL COM 464330109 224 19451 SH SOLE 19451 0 0
ISLE OF CAPRI CASINOS COM 464592104 177 11451 SH SOLE 11451 0 0
ITC DELTA COM CONV SUB NTS 144 BOND CV 45031TAJ3 1730 2900000 PRN SOLE 0 0 0
ITC DELTACOM INC COM 45031T104 280 24344 SH SOLE 24344 0 0
ITC DELTACOM INC CONV SUB NOTE BOND CV 45031TAK0 153 257000 PRN SOLE 0 0 0
ITT EDUCATIONAL SVCS INC COM 45068B109 426 15721 SH SOLE 15721 0 0
ITT INDUSTRIES INC COM 450911102 685 21126 SH SOLE 21126 0 0
IVAX CORP FORMERLY IVACO INDS COM 465823102 3571 77632 SH SOLE 77632 0 0
IXL ENTERPRISES COM 450718101 88 20056 SH SOLE 20056 0 0
J B HUNT TRANSPORT SERVICES COM 445658107 265 20785 SH SOLE 20785 0 0
J P MORGAN & COMPANY INC COM 616880100 32170 196906 SH SOLE 196906 0 0
J.D. EDWARDS & CO. COM 281667105 671 25917 SH SOLE 25917 0 0
JABIL CIRCUIT INC COM 466313103 6424 113191 SH SOLE 113191 0 0
JACK IN THE BOX INC COM 466367109 614 28654 SH SOLE 28654 0 0
JACOBS ENGINEERING GROUP INC COM 469814107 1383 34296 SH SOLE 34296 0 0
JDN RLTY CORP COM 465917102 204 17995 SH SOLE 17995 0 0
JDS UNIPHASE CORP COM 46612J101 29763 314326 SH SOLE 314326 0 0
JDS UNIPHASE CORP COM 46612J101 7575 80000 SH PUT SOLE 80000 0 0
JDS UNIPHASE CORP COM 46612J101 3314 35000 SH CALL SOLE 35000 0 0
JEFFERSON PILOT CORP COM 475070108 1456 21454 SH SOLE 21454 0 0
JEFFRIES GROUP INC COM 472319102 261 9707 SH SOLE 9707 0 0
JLG INDUSTRIES INCORPORATED COM 466210101 156 12791 SH SOLE 12791 0 0
JNI CORP COM 46622G105 499 5609 SH SOLE 5609 0 0
JOHN H HARLAND COMPANY COM 412693103 164 10740 SH SOLE 10740 0 0
JOHNSON & JOHNSON INCORPORATE COM 478160104 32517 346155 SH SOLE 346155 0 0
JOHNSON & JOHNSON INCORPORATE COM 478160104 9394 100000 SH PUT SOLE 100000 0 0
JOHNSON CONTROLS INCORPORATED COM 478366107 1055 19843 SH SOLE 19843 0 0
JONES APPAREL GROUP INC COM 480074103 1969 74297 SH SOLE 74297 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 20 of 39
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>
JONES LANG LASALLE INC COM 48020Q107 153 11797 SH SOLE 11797 0 0
JOURNAL REGISTER CO COM 481138105 358 21562 SH SOLE 21562 0 0
JUNIPER NETWORKS INC COM 48203R104 2829 12920 SH SOLE 12920 0 0
JUNIPER NETWORKS INC COM 48203R104 3284 15000 SH CALL SOLE 15000 0 0
K MART CORPORATION COM 482584109 638 106352 SH SOLE 106352 0 0
K V PHARMACEUTICAL COMPANY COM 482740107 343 9956 SH SOLE 9956 0 0
KAISER ALUMINUM CORP COM 483007100 106 17529 SH SOLE 17529 0 0
KANSAS CITY PWR & LIGHT CO COM 485134100 1505 56408 SH SOLE 56408 0 0
KAUFMAN & BROAD HOME CORP COM 486168107 969 35969 SH SOLE 35969 0 0
KAYDON CORPORATION COM 486587108 566 24608 SH SOLE 24608 0 0
KEANE INC COM 486665102 459 26393 SH SOLE 26393 0 0
KEITHLEY INSTRUMENTS INC COM 487584104 530 7577 SH SOLE 7577 0 0
KELLOGG CO COM 487836108 3431 141843 SH SOLE 141843 0 0
KELLWOOD COMPANY COM 488044108 184 10063 SH SOLE 10063 0 0
KELLY SERVICES CLASS A COM 488152208 604 25583 SH SOLE 25583 0 0
KENNAMETAL INC COM 489170100 832 32309 SH SOLE 32309 0 0
KENT ELECTRONICS CORP COM 490553104 246 10289 SH SOLE 10289 0 0
KERR MCGEE CORP COM 492386107 1269 19152 SH SOLE 19152 0 0
KEY ENERGY SERVICES INC COM 492914106 507 51679 SH SOLE 51679 0 0
KEY PRODUCTION INC COM 493138101 278 12587 SH SOLE 12587 0 0
KEY3MEDIA GROUP W/I COM 49326R104 189 17245 SH SOLE 17245 0 0
KEYCORP (NEW) COM 493267108 2068 81716 SH SOLE 81716 0 0
KEYSPAN CORP COM 49337W100 1186 29565 SH SOLE 29565 0 0
KEYSTONE FINANCIAL INC COM 493STK982 0 42233 SH SOLE 42233 0 0
KFORCE.COM INC COM 493732101 69 19761 SH SOLE 19761 0 0
KILROY REALTY CORP COM 49427F108 455 17045 SH SOLE 17045 0 0
KIMBALL INTERNATIONAL INC. COM 494274103 209 11699 SH SOLE 11699 0 0
KIMBERLY-CLARK CORPORATION COM 494368103 5587 100096 SH SOLE 100096 0 0
KINDER MORGAN INC COM 49455P101 2978 72747 SH SOLE 72747 0 0
KING PHARMACEUTICALS COM 495582108 431 12900 SH SOLE 12900 0 0
KLA INSTRUMENTS CORP COM 482480100 2314 56194 SH SOLE 56194 0 0
KNIGHT RIDDER INC COM 499040103 1329 26152 SH SOLE 26152 0 0
KOGER EQUITY INC COM 500228101 185 10872 SH SOLE 10872 0 0
KOHLS CORP COM 500255104 3700 64138 SH SOLE 64138 0 0
KOREA ELECTRIC POWER CONVERTIB BOND CV 500631AF3 1135 1150000 PRN SOLE 0 0 0
KORN/FERRY INTERNATIONAL COM 500643200 535 14155 SH SOLE 14155 0 0
KROGER COMPANY COM 501044101 3503 155273 SH SOLE 155273 0 0
KRONOS INC COM 501052104 227 7561 SH SOLE 7561 0 0
KULICKE & SOFFA IND COM 501242101 345 25891 SH SOLE 25891 0 0
L-3 COMMUNICATIONS HLDGS COM 502424104 1171 20728 SH SOLE 20728 0 0
LA Z BOY CHAIR CO COM 505336107 393 26980 SH SOLE 26980 0 0
LABOR READY INC (NEW) COM 505401208 83 19892 SH SOLE 19892 0 0
LABORATORY CORP OF AMERICA COM 50540R409 1277 10661 SH SOLE 10661 0 0
LABRANCHE & COMPANY COM 505447102 786 23550 SH SOLE 23550 0 0
LAMAR ADVERTISING CO NOTES BOND CV 512815AF8 7618 7196000 PRN SOLE 0 0 0
LANCASTER COLONY CORP COM 513847103 1086 44219 SH SOLE 44219 0 0
LANCE INCORPORATED COM 514606102 153 15779 SH SOLE 15779 0 0
LANDAMERICA FINANCIAL GROUP COM 514936103 212 7407 SH SOLE 7407 0 0
LANDS END INC COM 515086106 420 20000 SH SOLE 20000 0 0
LATTICE SEMICONDUCTOR CORP COM 518415104 1752 32600 SH SOLE 32600 0 0
LEAP WIRELESS COM 521863100 904 14457 SH SOLE 14457 0 0
LEAR CORPORATION COM 521865105 1408 68478 SH SOLE 68478 0 0
LEE ENTERPRISES INCORPORATED COM 523768109 1326 45913 SH SOLE 45913 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 21 of 39
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>
LEGATO SYSTEM INC COM 524651106 1432 106563 SH SOLE 106563 0 0
LEGG MASON COM 524901105 2910 50057 SH SOLE 50057 0 0
LEHMAN BROTHERS HLDGS INC COM 524908100 3644 24664 SH SOLE 24664 0 0
LENNAR CORPORATION COM 526057104 2179 73401 SH SOLE 73401 0 0
LENNOX INTERNATIONAL INC COM 526107107 128 13676 SH SOLE 13676 0 0
LEUCADIA NATIONAL CORPORATION COM 527288104 507 18941 SH SOLE 18941 0 0
LEVEL 3 COMMUNICATIONS INC COM 52729N100 1921 24913 SH SOLE 24913 0 0
LEXMARK INTERNATIONAL, INC COM 529771107 910 24255 SH SOLE 24255 0 0
LG&E ENERGY CORP COM 501917108 1729 70738 SH SOLE 70738 0 0
LIBBEY INC COM 529898108 260 8354 SH SOLE 8354 0 0
LIBERTY CORP COMMON S.C. COM 530370105 262 7564 SH SOLE 7564 0 0
LIFEPOINT HOSPITALS COM 53219L109 674 18978 SH SOLE 18978 0 0
LIGAND PHARMACUTICALS INC. COM 53220K207 391 30491 SH SOLE 30491 0 0
LIGHTBRIDGE INC COM 532226107 121 10435 SH SOLE 10435 0 0
LIGHTPATH TECHNOLOGIES INC COM 532257102 361 7605 SH SOLE 7605 0 0
LILLY INDUSTRIES INC CL A COM 532491107 258 8729 SH SOLE 8729 0 0
LIMITED INCORPORATED COM 532716107 1904 86306 SH SOLE 86306 0 0
LINCARE HOLDINGS INC COM 532791100 1600 55778 SH SOLE 55778 0 0
LINCOLN NATIONAL CORPORATION COM 534187109 1852 38475 SH SOLE 38475 0 0
LINEAR TECHNOLOGY CORP COM 535678106 6295 97217 SH SOLE 97217 0 0
LINENS 'N THINGS COM 535679104 607 23817 SH SOLE 23817 0 0
LITTLEFUSE INC COM 537008104 245 8243 SH SOLE 8243 0 0
LITTON INDUSTRIES INCORPORATE COM 538021106 1877 42002 SH SOLE 42002 0 0
LIZ CLAIBORNE INC COM 539320101 338 8773 SH SOLE 8773 0 0
LNR PROPERTY TRUST COM 501940100 305 13772 SH SOLE 13772 0 0
LOCKHEED MARTIN CORP COM 539830109 2993 90805 SH SOLE 90805 0 0
LOEWS CORPORATION COM 540424108 2749 32970 SH SOLE 32970 0 0
LONE STAR TECHNOLOGIES INC COM 542312103 646 14000 SH SOLE 14000 0 0
LONESTAR STEAKHOUSE SALOON COM 542307103 115 15530 SH SOLE 15530 0 0
LONGS DRUG STORES INC COM 543162101 425 22203 SH SOLE 22203 0 0
LONGVIEW FIBER COMPANY COM 543213102 598 49821 SH SOLE 49821 0 0
LOOKSMART LTD COM 543442107 256 22838 SH SOLE 22838 0 0
LORAL SPACE AND COMMUNICATIONS PFD CV 543885602 4066 182000 SH SOLE 182000 0 0
LOUISIANA-PACIFIC CORPORATION COM 546347105 467 50826 SH SOLE 50826 0 0
LOWES COS INCORPORATED COM 548661107 3148 70146 SH SOLE 70146 0 0
LSI LOGIC CORP CONV SUB NOTES BOND CV 502161AD4 3820 1875000 PRN SOLE 0 0 0
LSI LOGIC CORPORATION COM 502161102 1626 55580 SH SOLE 55580 0 0
LTV CORP COM 501921100 90 68499 SH SOLE 68499 0 0
LTX CORPORATION COM 502392103 448 23644 SH SOLE 23644 0 0
LUBRIZOL CORPORATION COM 549271104 724 36793 SH SOLE 36793 0 0
LUCENT TECHNOLOGY COM 549463107 3056 100000 SH PUT SOLE 100000 0 0
LUCENT TECHNOLOGY COM 549463107 23531 769934 SH SOLE 769934 0 0
LYCOS INC COM 550818108 12523 182108 SH SOLE 182108 0 0
LYONDELL PETROCHEMICAL CO COM 552078107 514 43554 SH SOLE 43554 0 0
M B I A INC COM 55262C100 881 12383 SH SOLE 12383 0 0
M D C HOLDINGS INC COM 552676108 240 9244 SH SOLE 9244 0 0
MACDERMID INC COM 554273102 247 11754 SH SOLE 11754 0 0
MACERICH CO COM 554382101 484 22763 SH SOLE 22763 0 0
MACROMEDIA INC COM 556100105 2580 31920 SH SOLE 31920 0 0
MAF BANCORP INC COM 55261R108 256 10295 SH SOLE 10295 0 0
MAGNETEK INC COM 559424106 152 14282 SH SOLE 14282 0 0
MAIL-WELL INC COM 560321200 95 21370 SH SOLE 21370 0 0
MAIL.COM COM 560311102 61 11774 SH SOLE 11774 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 22 of 39
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>
MAIL.COM INC 144A CONV BOND BOND CV 560311AA0 1619 3656000 PRN SOLE 0 0 0
MALLINCKRODT INC COM 561232109 805 17633 SH SOLE 17633 0 0
MANDALAY RESORT GROUP COM 562567107 1390 54248 SH SOLE 54248 0 0
MANHATTAN ASSOCIATES INC COM 562750109 235 3829 SH SOLE 3829 0 0
MANOR CARE INC COM 564055101 695 44324 SH SOLE 44324 0 0
MANPOWER INC COM 56418H100 1901 59518 SH SOLE 59518 0 0
MANUGISTICS GP INC COM 565011103 1073 10933 SH SOLE 10933 0 0
MARCHFIRST INC COM 566244109 1440 91803 SH SOLE 91803 0 0
MARCUS CORPORATION (THE) COM 566330106 121 11554 SH SOLE 11554 0 0
MARKEL CORP COM 570535104 267 1758 SH SOLE 1758 0 0
MARRIOTT INTL CLASS A COM 571903202 1355 37191 SH SOLE 37191 0 0
MARSH & MCLENNAN COMPANIES IN COM 571748102 6754 50874 SH SOLE 50874 0 0
MARSHALL & ISLEY CORPORATION COM 571834100 3256 64956 SH SOLE 64956 0 0
MARTIN MARIETTA MATERIALS INC COM 573284106 1176 30727 SH SOLE 30727 0 0
MASCO CORP DEL COM 574599106 1247 66965 SH SOLE 66965 0 0
MASCOTECH INC COM 574670105 318 19208 SH SOLE 19208 0 0
MATTEL INC COM 577081102 883 78913 SH SOLE 78913 0 0
MATTSON TECHNOLOGY INC COM 577223100 305 20526 SH SOLE 20526 0 0
MAXIM INTEGRATED PRODS INC COM 57772K101 8476 105376 SH SOLE 105376 0 0
MAXIM INTEGRATED PRODS INC COM 57772K101 3218 40000 SH PUT SOLE 40000 0 0
MAXIM PHARMACEUTICALS COM 57772M107 928 15271 SH SOLE 15271 0 0
MAXIMUS INC COM 577933104 203 9162 SH SOLE 9162 0 0
MAXTOR CORP COM 577729205 444 42246 SH SOLE 42246 0 0
MAY DEPARTMENT STORES CO COM 577778103 1154 56269 SH SOLE 56269 0 0
MAYTAG COMPANY COM 578592107 490 15788 SH SOLE 15788 0 0
MBNA CORP COM 55262L100 6266 162764 SH SOLE 162764 0 0
MCCLATCHY CO CL A COM 579489105 276 7850 SH SOLE 7850 0 0
MCCORMICK & COMPANY INC COM 579780206 1046 35169 SH SOLE 35169 0 0
MCDERMOTT INTERNATIONAL INC COM 580037109 148 13487 SH SOLE 13487 0 0
MCDONALDS CORPORATION COM 580135101 19488 645573 SH SOLE 645573 0 0
MCGRAW HILL INC COM 580645109 4396 69159 SH SOLE 69159 0 0
MCKESSON HBOC INC COM 58155Q103 1520 49736 SH SOLE 49736 0 0
MCLEODUSA INC - CL A COM 582266102 286 20000 SH CALL SOLE 20000 0 0
MCLEODUSA INC - CL A COM 582266102 286 20000 SH PUT SOLE 20000 0 0
MCLEODUSA INC - CL A COM 582266102 920 64297 SH SOLE 64297 0 0
MCLEODUSA INC SER A CONV PREFD PFD CV 582266201 14989 38212 SH SOLE 38212 0 0
MCN ENERGY GROUP INC. COM 55267J100 1179 46003 SH SOLE 46003 0 0
MDU RESOURCES GROUP COM 552690109 1076 36158 SH SOLE 36158 0 0
MEAD CORPORATION COM 582834107 276 11793 SH SOLE 11793 0 0
MECHANICAL TECHNOLOGY INC COM 583538103 134 12385 SH SOLE 12385 0 0
MEDIA GENERAL INC CLASS A COM 584404107 625 14541 SH SOLE 14541 0 0
MEDIACOM COMMUNICATIONS CORP COM 58446K105 165 10222 SH SOLE 10222 0 0
MEDICIS PHARMACEUT CORP COM 584690309 990 16104 SH SOLE 16104 0 0
MEDIMMUNE INC COM 584699102 4929 63808 SH SOLE 63808 0 0
MEDITRUST CORP-PAIRED STOCK COM 58501T306 178 60556 SH SOLE 60556 0 0
MEDTRONIC INCORPORATED COM 585055106 11527 222469 SH SOLE 222469 0 0
MELLON FINANCIAL CORP COM 58551A108 4323 93213 SH SOLE 93213 0 0
MEMC ELECTRONIC MATERIALS COM 552715104 160 12419 SH SOLE 12419 0 0
MENS WAREHOUSE INC COM 587118100 606 21401 SH SOLE 21401 0 0
MENTOR GRAPHICS CORP COM 587200106 1852 78610 SH SOLE 78610 0 0
MERCANTILE BANKSHARES CORP COM 587405101 1716 47289 SH SOLE 47289 0 0
MERCATOR SOFTWARE INC COM 587587106 350 21143 SH SOLE 21143 0 0
MERCHANTS NEW YORK BANCORP IN COM 589167105 221 10738 SH SOLE 10738 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 23 of 39
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 39069 524859 SH SOLE 524859 0 0
MERCURY COMPUTER SYSTEMS INC COM 589378108 315 11318 SH SOLE 11318 0 0
MERCURY GENERAL CORP NEW COM 589400100 408 14410 SH SOLE 14410 0 0
MERCURY INTERACTIVE CP COM 589405109 2472 15768 SH SOLE 15768 0 0
MEREDITH CORP COM 589433101 1448 49096 SH SOLE 49096 0 0
MERISTAR HOSPITALITY CORP COM 58984Y103 382 18853 SH SOLE 18853 0 0
MERRILL LYNCH & CO INC COM 590188108 10545 159771 SH SOLE 159771 0 0
MESA AIR GROUP INC COM 590479101 70 12801 SH SOLE 12801 0 0
METALS USA INC COM 591324108 46 15678 SH SOLE 15678 0 0
METHODE ELECTRONICS INC CL A COM 591520200 1084 24463 SH SOLE 24463 0 0
METRICOM INC COM 591596101 346 13438 SH SOLE 13438 0 0
METRIS COMPANIES INC COM 591598107 1345 34061 SH SOLE 34061 0 0
METRO MEDIA FIBER COM 591689104 1267 52125 SH SOLE 52125 0 0
METROCALL INC COM 591647102 96 32068 SH SOLE 32068 0 0
METROMEDIA INTL GROUP INC COM 591695101 158 42251 SH SOLE 42251 0 0
METTLER-TOLEDO INTERNATIONAL COM 592688105 863 19616 SH SOLE 19616 0 0
MGI PHARMA INC COM 552880106 251 8356 SH SOLE 8356 0 0
MGIC INVESTMENT CORP WIS COM 552848103 1373 22460 SH SOLE 22460 0 0
MICHAELS STORES INC COM 594087108 1016 25396 SH SOLE 25396 0 0
MICREL SEMICONDUCTOR COM 594793101 3153 47062 SH SOLE 47062 0 0
MICROCHIP TECHNOLOGY INC COM 595017104 2794 84495 SH SOLE 84495 0 0
MICRON ELECTRONICS COM 595100108 200 22200 SH SOLE 22200 0 0
MICRON TECHNOLOGY INC COM 595112103 2760 60000 SH CALL SOLE 60000 0 0
MICRON TECHNOLOGY INC COM 595112103 4794 104225 SH SOLE 104225 0 0
MICROSEMI CORPORATION COM 595137100 209 5494 SH SOLE 5494 0 0
MICROSOFT CORP COM 594918104 67671 1122000 SH CALL SOLE 1122000 0 0
MICROSOFT CORP COM 594918104 56567 937900 SH PUT SOLE 937900 0 0
MICROSOFT CORP COM 594918104 114554 1899349 SH SOLE 1899349 0 0
MICROSTRATEGY INC COM 594972101 528 19345 SH SOLE 19345 0 0
MID ATLANTIC MEDICAL SVCS INC COM 59523C107 180 11908 SH SOLE 11908 0 0
MIDWAY GAMES INC COM 598148104 224 31996 SH SOLE 31996 0 0
MILACRON INC COM 598709103 183 13761 SH SOLE 13761 0 0
MILLENNIUM CHEMICALS INC COM 599903101 308 20796 SH SOLE 20796 0 0
MILLENNIUM PHARMACTCUAL COM 599902103 4382 30000 SH CALL SOLE 30000 0 0
MILLENNIUM PHARMACTCUAL COM 599902103 7869 53873 SH SOLE 53873 0 0
MILLER HERMAN INC COM 600544100 1917 59789 SH SOLE 59789 0 0
MILLIPORE CORPORATION COM 601073109 1039 21447 SH SOLE 21447 0 0
MINERALS TECHNOLOGIES INC COM 603158106 1046 22741 SH SOLE 22741 0 0
MINMED INC. COM 60365K108 3358 37570 SH SOLE 37570 0 0
MINNESOTA MINING & MFG CO COM 604059105 7235 79398 SH SOLE 79398 0 0
MINNESOTA MINING & MFG CO COM 604059105 456 5000 SH CALL SOLE 5000 0 0
MIPS TECHNOLOGIES INC COM 604567107 1108 24085 SH SOLE 24085 0 0
MITCHELL ENERGY DEV CORP CL A COM 606592202 675 14470 SH SOLE 14470 0 0
MMC NETWORKS INC COM 55308N102 1959 15490 SH SOLE 15490 0 0
MODINE MANUFACTURING COMPANY COM 607828100 715 25385 SH SOLE 25385 0 0
MODIS PROFESSIONAL SERVICES COM 607830106 390 75104 SH SOLE 75104 0 0
MOHAWK INDUSTRIES INC COM 608190104 560 25658 SH SOLE 25658 0 0
MOLECULAR DEVICES CORP COM 60851C107 743 7563 SH SOLE 7563 0 0
MOLEX INC COM 608554101 2458 45149 SH SOLE 45149 0 0
MONTANA POWER COMPANY COM 612085100 2137 64039 SH SOLE 64039 0 0
MONY GROUP INC COM 615337102 821 20600 SH SOLE 20600 0 0
MORGAN ST DEAN WITTER DISCOVE COM 617446448 19142 209342 SH SOLE 209342 0 0
MORGAN STANLEY ASIA PACIFIC COM 61744U106 1182 125225 SH SOLE 125225 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 24 of 39
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>
MOTIENT CORPORATION COM 619908106 198 14052 SH SOLE 14052 0 0
MOTOROLA INCORPORATED COM 620076109 18124 641540 SH SOLE 641540 0 0
MOTOROLA INCORPORATED COM 620076109 4944 175000 SH PUT SOLE 175000 0 0
MOTOROLA INCORPORATED COM 620076109 3814 135000 SH CALL SOLE 135000 0 0
MP3.COM INC COM 62473M109 44 11099 SH SOLE 11099 0 0
MPOWER COMM CORP SR-D CONV PFD PFD CV 62473J205 303 22363 SH SOLE 22363 0 0
MPOWER COMMUNICATIONS CORP COM 62473J106 314 36044 SH SOLE 36044 0 0
MRV COMMUNICATIONS INC COM 553477100 1424 31416 SH SOLE 31416 0 0
MTI TECHNOLOGY CORP COM 553903105 67 17639 SH SOLE 17639 0 0
MUELLER INDUSTRIES INC COM 624756102 394 17568 SH SOLE 17568 0 0
MURPHY OIL CORPORATION COM 626717102 1918 29594 SH SOLE 29594 0 0
MUSICLAND STORES CORP COM 62758B109 82 11579 SH SOLE 11579 0 0
MYERS INDS INC COM 628464109 156 12297 SH SOLE 12297 0 0
MYLAN LABS INCORPORATED COM 628530107 1962 72843 SH SOLE 72843 0 0
MYND CORP COM 628551103 527 39018 SH SOLE 39018 0 0
MYRIAD GENETICS COM 62855J104 998 11550 SH SOLE 11550 0 0
NABI INC COM 628716102 116 16513 SH SOLE 16513 0 0
NABISCO GROUP HOLDINGS COM 62952P102 2312 81121 SH SOLE 81121 0 0
NABISCO HOLDINGS COM 629526104 21769 405000 SH SOLE 405000 0 0
NABORS INDS INC COM 629568106 3627 69215 SH SOLE 69215 0 0
NASDAQ 100 COM 631100104 12416 140000 SH PUT SOLE 140000 0 0
NASDAQ 100 COM 631100104 29976 338000 SH SOLE 338000 0 0
NASDAQ 100 COM 631100104 19068 215000 SH CALL SOLE 215000 0 0
NATIONAL AUSTRALIA BANK EXCH C PFD CV 632525309 4819 188906 SH SOLE 188906 0 0
NATIONAL CITY CORP COM 635405103 1810 81815 SH SOLE 81815 0 0
NATIONAL COMMERCE BANCORP COM 635449101 1943 97439 SH SOLE 97439 0 0
NATIONAL COMPUTER SYSTEMS INC COM 635519101 1220 16699 SH SOLE 16699 0 0
NATIONAL DATA CORP COM 635621105 650 19803 SH SOLE 19803 0 0
NATIONAL DISCOUNT BROKERS COM 635646102 221 7139 SH SOLE 7139 0 0
NATIONAL FUEL GAS COMPANY COM 636180101 1611 28737 SH SOLE 28737 0 0
NATIONAL HEALTH INVS INC COM 63633D104 70 10388 SH SOLE 10388 0 0
NATIONAL SEMICONDUCTOR COM 637640103 1172 29130 SH SOLE 29130 0 0
NATIONAL SERVICES INDUSTRIES COM 637657107 397 20275 SH SOLE 20275 0 0
NATIONSRENT INC COM 638588103 102 25931 SH SOLE 25931 0 0
NATIONWIDE HEALTH PPTYS INC COM 638620104 262 16435 SH SOLE 16435 0 0
NATURAL MICROSYSTEMS CORP COM 638882100 951 17680 SH SOLE 17680 0 0
NAVIGANT CONSULTING CO COM 63935N107 85 24660 SH SOLE 24660 0 0
NAVISTAR INTL CORP (NEW) COM 63934E108 211 7051 SH SOLE 7051 0 0
NBC INTERNET INC COM 62873D105 143 21822 SH SOLE 21822 0 0
NBTY INC COM 628782104 171 26235 SH SOLE 26235 0 0
NCO GROUP INC COM 628858102 234 19716 SH SOLE 19716 0 0
NCR CORP COM 62886E108 482 12759 SH SOLE 12759 0 0
NCS HEALTHCARE 5.75% CONV STK BOND CV 628874AC3 661 1868000 PRN SOLE 0 0 0
NEIMAN MARCUS GROUP INC CL A COM 640204202 987 30434 SH SOLE 30434 0 0
NEORX CORP COM 640520300 254 10382 SH SOLE 10382 0 0
NEOSE TECHNOLOGIES INC. COM 640522108 220 4539 SH SOLE 4539 0 0
NETCENTIVES INC COM 64108P101 97 12625 SH SOLE 12625 0 0
NETEGRITY INC COM 64110P107 1040 14858 SH SOLE 14858 0 0
NETIQ CORP COM 64115P102 816 12419 SH SOLE 12419 0 0
NETOPIA INC COM 64114K104 166 15052 SH SOLE 15052 0 0
NETRO CORP COM 64114R109 1069 18039 SH SOLE 18039 0 0
NETWORK APPLIANCE INC COM 64120L104 11496 90252 SH SOLE 90252 0 0
NETWORK EQUIPMENT TECHNOLOGIE COM 641208103 190 17777 SH SOLE 17777 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 25 of 39
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 PERIPHERALS INC COM 64121R100 241 14196 SH SOLE 14196 0 0
NETWORK PLUS 7.5% CONV PFD PFD CV 64122D605 1275 74531 SH SOLE 74531 0 0
NETWORKS ASSOCIATES INC COM 640938106 2182 96458 SH SOLE 96458 0 0
NETZERO INC COM 64122R109 31 14515 SH SOLE 14515 0 0
NEUROCRINE BIOSCIENCES INC COM 64125C109 461 10254 SH SOLE 10254 0 0
NEW ERA OF NETWORKS INC COM 644312100 422 17338 SH SOLE 17338 0 0
NEW JERSEY RESOURCES INC COM 646025106 480 11823 SH SOLE 11823 0 0
NEW PLAN EXCEL REALTY TRUST COM 648053106 286 20906 SH SOLE 20906 0 0
NEW YORK TIMES CO CLASS A COM 650111107 1218 30988 SH SOLE 30988 0 0
NEWELL RUBBERMAID INC COM 651229106 998 43745 SH SOLE 43745 0 0
NEWFIELD EXPLORATION CONV PFD PFD CV 651291205 1283 18700 SH SOLE 18700 0 0
NEWMONT MINING CORP (NEW) COM 651639106 546 32143 SH SOLE 32143 0 0
NEWPARK RESOURCES INC COM 651718504 277 29938 SH SOLE 29938 0 0
NEWPORT NEWS SHIPBUILDING COM 652228107 1005 23161 SH SOLE 23161 0 0
NEWS CORP LTD - SPONSORED ADR COM 652487703 2228 39750 SH SOLE 39750 0 0
NEXTCARD INC COM 65332K107 129 14181 SH SOLE 14181 0 0
NEXTEL COMMUNICATIONS INC CL COM 65332V103 7013 150000 SH CALL SOLE 150000 0 0
NEXTEL COMMUNICATIONS INC CL COM 65332V103 4675 100000 SH PUT SOLE 100000 0 0
NEXTEL COMMUNICATIONS INC CL COM 65332V103 11564 247363 SH SOLE 247363 0 0
NEXTLINK COMMUNICATIONS - A COM 65333H707 966 27446 SH SOLE 27446 0 0
NIAGRA MOHAWK HOLDINGS INC COM 653520106 889 56470 SH SOLE 56470 0 0
NICOR INCORPORATED COM 654086107 627 17314 SH SOLE 17314 0 0
NIKE INCORPORATED CLASS B COM 654106103 5208 130000 SH CALL SOLE 130000 0 0
NIKE INCORPORATED CLASS B COM 654106103 11685 291676 SH SOLE 291676 0 0
NISOURCE INC COM 65473P105 1633 67008 SH SOLE 67008 0 0
NL INDS INC COM 629156407 238 11245 SH SOLE 11245 0 0
NOBLE AFFLIATES INCORPORATED COM 654894104 1412 38026 SH SOLE 38026 0 0
NOBLE DRILLING CORP COM 655042109 3774 75099 SH SOLE 75099 0 0
NORDSON CORPORATION COM 655663102 968 34046 SH SOLE 34046 0 0
NORDSTROM INCORPORATED COM 655664100 602 38687 SH SOLE 38687 0 0
NORFOLK SOUTHERN CORPORATION COM 655844108 1065 72840 SH SOLE 72840 0 0
NORTEL NETWORKS CORP COM 656568102 33284 558802 SH SOLE 558802 0 0
NORTH FORK BANCORPORATION COM 659424105 2431 112432 SH SOLE 112432 0 0
NORTHEAST UTILITIES COMPANY COM 664397106 1682 77550 SH SOLE 77550 0 0
NORTHERN TRUST COMPANY COM 665859104 3867 43510 SH SOLE 43510 0 0
NORTHROP GRUMMAN CORP COM 666807102 1645 18098 SH SOLE 18098 0 0
NORTHWEST NATURAL GAS COMPANY COM 667655104 315 13860 SH SOLE 13860 0 0
NORTWESTERN CORP COM 668074107 211 10825 SH SOLE 10825 0 0
NOVA CORP COM 669784100 390 22780 SH SOLE 22780 0 0
NOVELL INC COM 670006105 1031 103748 SH SOLE 103748 0 0
NOVELLUS SYSTEMS INC COM 670008101 1195 25665 SH SOLE 25665 0 0
NOVEN PHARMACEUTICALS INC COM 670009109 671 15695 SH SOLE 15695 0 0
NOVOSTE CORPORATION COM 67010C100 550 12931 SH SOLE 12931 0 0
NPS PHARMACEUTICALS INC COM 62936P103 539 9534 SH SOLE 9534 0 0
NS GROUP INC COM 628916108 324 16313 SH SOLE 16313 0 0
NSTAR COM 67019E107 1296 32211 SH SOLE 32211 0 0
NSWPBP011461 COM 648815983 596 5882 SH SOLE 5882 0 0
NTL INC COM 629407107 1362 29401 SH SOLE 29401 0 0
NUANCE COMMUNICATIONS INC COM 669967101 272 2239 SH SOLE 2239 0 0
NUCOR CORP COM 670346105 494 16400 SH SOLE 16400 0 0
NUI CORP COM 629430109 204 6748 SH SOLE 6748 0 0
NVIDIA CORP COM 67066G104 3188 38935 SH SOLE 38935 0 0
NVR INC COM 62944T105 370 4573 SH SOLE 4573 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 26 of 39
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>
NX NETWORKS COM 629478108 90 13592 SH SOLE 13592 0 0
NYFIX INC COM 670712108 499 11158 SH SOLE 11158 0 0
O'REILLY AUTOMOTIVE INC COM 686091109 239 16321 SH SOLE 16321 0 0
OAK TECHNOLOGIES COM 671802106 617 22545 SH SOLE 22545 0 0
OBJECTIVE SYS INTEGR COM 674424106 93 10694 SH SOLE 10694 0 0
OCCIDENTAL PETROLEUM CORP DEL COM 674599105 1311 60095 SH SOLE 60095 0 0
OCEAN ENERGY INC COM 67481E106 1552 100535 SH SOLE 100535 0 0
OCEANEERING INTERNATIONAL INC COM 675232102 205 12310 SH SOLE 12310 0 0
OCWEN FINANCIAL CORP COM 675746101 101 17253 SH SOLE 17253 0 0
OFFICE DEPOT INC COM 676220106 338 43263 SH SOLE 43263 0 0
OFFICEMAX INC COM 67622M108 359 100835 SH SOLE 100835 0 0
OFFSHORE LOGISTICS INC COM 676255102 191 10680 SH SOLE 10680 0 0
OGDEN CORPORATION COM 676346109 747 55088 SH SOLE 55088 0 0
OGE ENERGY CORP COM 670837103 2049 96153 SH SOLE 96153 0 0
OHIO CASUALTY CORP COM 677240103 344 54234 SH SOLE 54234 0 0
OLD KENT FINANCIAL CORP COM 679833103 344 11890 SH SOLE 11890 0 0
OLD REPUBLIC INTL CORP COM 680223104 2227 92535 SH SOLE 92535 0 0
OLIN CORPORATION COM 680665205 715 44165 SH SOLE 44165 0 0
OMNICARE INCORPORATED COM 681904108 1552 96218 SH SOLE 96218 0 0
OMNICOM GROUP COM 681919106 2430 33322 SH SOLE 33322 0 0
OMNOVA SOLUTIONS INC COM 682129101 151 27095 SH SOLE 27095 0 0
ON ASSIGNMENT INC COM 682159108 272 8667 SH SOLE 8667 0 0
ONEOK INC COM 682680103 920 23140 SH SOLE 23140 0 0
OPEN MKT INC COM 68370M100 112 17838 SH SOLE 17838 0 0
ORACLE SYSTEMS CORP COM 68389X105 7481 95000 SH PUT SOLE 95000 0 0
ORACLE SYSTEMS CORP COM 68389X105 50097 636148 SH SOLE 636148 0 0
ORACLE SYSTEMS CORP COM 68389X105 8269 105000 SH CALL SOLE 105000 0 0
ORBITAL SCIENCES CORP COM 685564106 141 16860 SH SOLE 16860 0 0
ORGANOGENESIS INC COM 685906109 200 13585 SH SOLE 13585 0 0
ORTHODONTIC CENTERS OF AMERIC COM 68750P103 658 19743 SH SOLE 19743 0 0
OSHKOSH TRUCK CORP CLASS B COM 688239201 305 7882 SH SOLE 7882 0 0
OSI PHARMACEUTICALS INC COM 671040103 916 13086 SH SOLE 13086 0 0
OUTBACK STEAKHOUSE INC COM 689899102 1523 56145 SH SOLE 56145 0 0
OVERSEAS SHIPHOLDING GROUP IN COM 690368105 910 33248 SH SOLE 33248 0 0
OWENS & MINOR INC HOLDING CO COM 690732102 277 17606 SH SOLE 17606 0 0
OWENS & MINOR TRUST I PFD CV 690905302 1957 44926 SH SOLE 44926 0 0
OWENS ILLINOIS INC COM 690768403 117 12673 SH SOLE 12673 0 0
OXFORD HEALTH PLANS INC COM 691471106 1671 54374 SH SOLE 54374 0 0
P P G INDUSTRIES INC COM 693506107 585 14744 SH SOLE 14744 0 0
P-COM INC. COM 693262107 248 37481 SH SOLE 37481 0 0
PACCAR COM 693718108 543 14663 SH SOLE 14663 0 0
PACIFIC CAPITAL BANCORP COM 69404P101 410 15318 SH SOLE 15318 0 0
PACIFIC CENTURY FINANCIAL COR COM 694058108 588 34340 SH SOLE 34340 0 0
PACIFIC SUNWEAR OF CALIF INC COM 694873100 660 35188 SH SOLE 35188 0 0
PACIFICARE HEALTH SYSTEMS COM 695112102 738 21207 SH SOLE 21207 0 0
PACKAGING CORP OF AMERICA COM 695156109 259 23413 SH SOLE 23413 0 0
PACKETEER INC COM 695210104 332 8755 SH SOLE 8755 0 0
PACTIV CORP COM 695257105 1242 111039 SH SOLE 111039 0 0
PAINE WEBBER GROUP INC COM 695629105 37455 549800 SH SOLE 549800 0 0
PALM INC COM 696642107 5961 112606 SH SOLE 112606 0 0
PANAMSAT CORP COM 697933109 623 19497 SH SOLE 19497 0 0
PAPA JOHN'S INTL INC COM 698813102 665 26538 SH SOLE 26538 0 0
PARADYNE NETWORK INC COM 69911G107 57 10555 SH SOLE 10555 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 27 of 39
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>
PARAMETRIC TECHNOLOGY CORP COM 699173100 1026 93762 SH SOLE 93762 0 0
PAREXEL INTERNATIONAL COM 699462107 86 10086 SH SOLE 10086 0 0
PARK ELECTROCHEMICAL CORP COM 700416209 618 11116 SH SOLE 11116 0 0
PARK NATIONAL CORP COM 700658107 475 4953 SH SOLE 4953 0 0
PARK PLACE ENTERTAINMENT COM 700690100 2176 143875 SH SOLE 143875 0 0
PARKER DRILLING COMPANY COM 701081101 294 41981 SH SOLE 41981 0 0
PARKER HANNIFIN CORP COM 701094104 466 13802 SH SOLE 13802 0 0
PATHOGENESIS CORP. COM 70321E104 370 9571 SH SOLE 9571 0 0
PATINA OIL & GAS CORP COM 703224105 236 11792 SH SOLE 11792 0 0
PATTERSON ENERGY INC COM 703414102 680 19796 SH SOLE 19796 0 0
PAXAR CORP COM 704227107 149 16683 SH SOLE 16683 0 0
PAXSON COMMUNCATION COM 704231109 180 15619 SH SOLE 15619 0 0
PAYCHEX INC COM 704326107 6088 115971 SH SOLE 115971 0 0
PAYCHEX INC COM 704326107 2100 40000 SH PUT SOLE 40000 0 0
PAYLESS SHOESOURCE INC. COM 704379106 1417 25307 SH SOLE 25307 0 0
PC-TEL INC COM 69325Q105 225 9675 SH SOLE 9675 0 0
PE CORP PE BIOSYSTEMS GROUP COM 69332S102 4622 39675 SH SOLE 39675 0 0
PECO ENERGY INC COM 693304107 2049 33840 SH SOLE 33840 0 0
PEGASUS COM 6.50% CONV PFD STK PFD CV 705904506 1497 15987 SH SOLE 15987 0 0
PEGASUS COMMUNICATIO NS CORP 6 PFD CV 705904407 4138 44200 SH SOLE 44200 0 0
PEGASUS SOLUTIONS INC. COM 705906105 219 11192 SH SOLE 11192 0 0
PENNEY (J.C.) CO COM 708160106 266 22537 SH SOLE 22537 0 0
PENNZOIL-QUAKER STATE COM 709323109 522 49683 SH SOLE 49683 0 0
PENTAIR INC COM 709631105 607 22686 SH SOLE 22686 0 0
PENTON MEDIA INC COM 709668107 311 11298 SH SOLE 11298 0 0
PEOPLE BANK BRIDGEPORT CONN COM 710198102 283 13421 SH SOLE 13421 0 0
PEOPLES ENERGY CORPORATION COM 711030106 847 25386 SH SOLE 25386 0 0
PEOPLESOFT INC COM 712713106 2090 74802 SH SOLE 74802 0 0
PEOPLESOFT INC COM 712713106 2682 96000 SH CALL SOLE 96000 0 0
PEP BOYS MANNY MOE & JACK COM 713278109 103 20685 SH SOLE 20685 0 0
PEPSICO INCORPORATED COM 713448108 460 10000 SH CALL SOLE 10000 0 0
PEPSICO INCORPORATED COM 713448108 12382 269173 SH SOLE 269173 0 0
PEPSICO INCORPORATED COM 713448108 1610 35000 SH PUT SOLE 35000 0 0
PER SE TECHNOLOGIES INC COM 713569309 172 13579 SH SOLE 13579 0 0
PERFORMANCE FOOD GROUP CO COM 713755106 217 5766 SH SOLE 5766 0 0
PERICOM SEMICONDUCTOR CORP COM 713831105 546 14537 SH SOLE 14537 0 0
PERKINELMER INC COM 714046109 1289 12353 SH SOLE 12353 0 0
PEROT SYSTEMS CORP CL A COM 714265105 338 31396 SH SOLE 31396 0 0
PERRIGO CO COM 714290103 410 59884 SH SOLE 59884 0 0
PETCO ANIMAL SUPPLIES INC COM 716016100 512 23481 SH SOLE 23481 0 0
PETSMART INC. COM 716768106 335 71492 SH SOLE 71492 0 0
PFIZER INCORPORATED COM 717081103 60137 1338230 SH SOLE 1338230 0 0
PG+E CORP COM 69331C108 1318 54496 SH SOLE 54496 0 0
PHARMACEUTICAL PRODUCT DEV IN COM 717124101 207 7778 SH SOLE 7778 0 0
PHARMACIA INC COM 71713U102 16787 278917 SH SOLE 278917 0 0
PHARMACOPEIA INC. COM 71713B104 381 14946 SH SOLE 14946 0 0
PHARMACYCLICS INC COM 716933106 427 8609 SH SOLE 8609 0 0
PHELPS DODGE CORPORATION COM 717265102 419 10024 SH SOLE 10024 0 0
PHILADELPHIA SUBURBAN CORP COM 718009608 269 11584 SH SOLE 11584 0 0
PHILIP MORRIS COS INC COM 718154107 13771 467819 SH SOLE 467819 0 0
PHILIP MORRIS COS INC COM 718154107 2944 100000 SH PUT SOLE 100000 0 0
PHILLIPS PETROLEUM COMPANY COM 718507106 3278 52241 SH SOLE 52241 0 0
PHOENIX INVESTMENT PARTNERS COM 719085102 299 19319 SH SOLE 19319 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 28 of 39
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>
PHOTON DYNAMICS INC COM 719364101 401 10625 SH SOLE 10625 0 0
PHOTRONICS INC FORMERLY COM 719405102 381 17460 SH SOLE 17460 0 0
PIEDMONT NATURAL GAS CO COM 720186105 455 14850 SH SOLE 14850 0 0
PIER 1 IMPORTS INC COM 720279108 672 49572 SH SOLE 49572 0 0
PINNACLE ENTERTAINMENT INC COM 723456109 384 17646 SH SOLE 17646 0 0
PINNACLE SYSTEMS INC. COM 723481107 357 31769 SH SOLE 31769 0 0
PINNACLE WEST CAPITAL CORP COM 723484101 1197 23536 SH SOLE 23536 0 0
PIONEER GROUP INC COM 723684106 581 13224 SH SOLE 13224 0 0
PIONEER NATURAL RESOURCES COR COM 723787107 1450 102200 SH SOLE 102200 0 0
PIONEER STANDARD ELECTRO PFD CV 723879300 6451 132302 SH SOLE 132302 0 0
PIONEER STANDARD ELECTRONICS COM 723877106 155 11394 SH SOLE 11394 0 0
PITNEY BOWES INC COM 724479100 1880 47680 SH SOLE 47680 0 0
PITTSTON SERVICES GROUP COM 725701106 786 50709 SH SOLE 50709 0 0
PLACER DOME INC COM 725906101 443 46992 SH SOLE 46992 0 0
PLANTRONICS INC (NEW) COM 727493108 1166 30691 SH SOLE 30691 0 0
PLAYTEX PRODS INC COM 72813P100 184 15584 SH SOLE 15584 0 0
PLEXUS CORP COM 729132100 1670 23693 SH SOLE 23693 0 0
PLX TECHNOLOGY COM 693417107 367 13642 SH SOLE 13642 0 0
PMC-SIERRA INC COM 69344F106 21525 100000 SH PUT SOLE 100000 0 0
PMC-SIERRA INC COM 69344F106 13983 64961 SH SOLE 64961 0 0
PMI GROUP COM 69344M101 2548 37606 SH SOLE 37606 0 0
PNC BANK CORP COM 693475105 4448 68433 SH SOLE 68433 0 0
POGO PRODUCING COMPANY COM 730448107 596 23470 SH SOLE 23470 0 0
POGO TRUST I 6.50% DUE 6/1/202 PFD CV 73044P208 270 4500 SH SOLE 4500 0 0
POLARIS INDS. INC. COM 731068102 289 8200 SH SOLE 8200 0 0
POLAROID CORPORATION COM 731095105 399 29681 SH SOLE 29681 0 0
POLO RALPH LAUREN CORP COM 731572103 386 23912 SH SOLE 23912 0 0
POLYCOM INC COM 73172K104 2816 42056 SH SOLE 42056 0 0
POLYMEDICA INDUSTRIES INC COM 731738100 371 8650 SH SOLE 8650 0 0
POLYONE CORP COM 73179P106 262 35805 SH SOLE 35805 0 0
POTLATCH CORPORATION COM 737628107 296 9345 SH SOLE 9345 0 0
POTOMAC ELECTRIC POWER COMPAN COM 737679100 1736 68931 SH SOLE 68931 0 0
POWER INTEGRATIONS INC COM 739276103 192 13774 SH SOLE 13774 0 0
POWERWAVE TECHNOLOGLIES COM 739363109 1392 36653 SH SOLE 36653 0 0
PPL CORP COM 69351T106 1019 24407 SH SOLE 24407 0 0
PRAXAIR INC COM 74005P104 1147 30685 SH SOLE 30685 0 0
PRE PAID LEGAL SERVICES INC. COM 740065107 244 7562 SH SOLE 7562 0 0
PRECISION CASTPARTS COM 740189105 2010 52366 SH SOLE 52366 0 0
PRENTISS PROPERTIES TRUST COM 740706106 649 24838 SH SOLE 24838 0 0
PRI AUTOMATION INC COM 69357H106 267 14638 SH SOLE 14638 0 0
PRICE COMMUNICATIONS CORP(NEW COM 741437305 621 31744 SH SOLE 31744 0 0
PRIME HOSPITALITY CORP (NEW) COM 741917108 226 22292 SH SOLE 22292 0 0
PRIMUS TELECOMM GROUP COM 741929103 137 14412 SH SOLE 14412 0 0
PRIORITY HEALTHCARE CORP B COM 74264T102 271 3559 SH SOLE 3559 0 0
PRISON REALTY CORP COM 74264N105 65 54543 SH SOLE 54543 0 0
PROCTER & GAMBLE COMPANY COM 742718109 26261 391948 SH SOLE 391948 0 0
PROFIT RECOVERY GROUP INTL COM 743168106 137 13905 SH SOLE 13905 0 0
PROGRESS SOFTWARE CORP COM 743312100 280 20577 SH SOLE 20577 0 0
PROGRESSIVE CORP (OHIO) COM 743315103 1134 13853 SH SOLE 13853 0 0
PROTECTION ONE INC COM 743663304 26 18682 SH SOLE 18682 0 0
PROTECTIVE LIFE CORP COM 743674103 1411 47246 SH SOLE 47246 0 0
PROTEIN DESIGN LABS INC. CONV BOND CV 74369LAA1 359 312000 PRN SOLE 0 0 0
PROVIDENT BANKSHARES CORP COM 743859100 175 10449 SH SOLE 10449 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 29 of 39
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>
PROVIDENT FINANCIAL GROUP COM 743866105 1762 59994 SH SOLE 59994 0 0
PROVIDIAN FINANCIAL CORP COM 74406A102 3342 26315 SH SOLE 26315 0 0
PROVINCE HEALTH COM 743977100 805 20166 SH SOLE 20166 0 0
PROXIM INC COM 744284100 656 14747 SH SOLE 14747 0 0
PS BUSINESS PARKS INC COM 69360J107 412 15113 SH SOLE 15113 0 0
PSS WORLD MEDICAL COM 69366A100 310 85410 SH SOLE 85410 0 0
PUBLIC SERVICE CO NEW MEXICO COM 744499104 881 34064 SH SOLE 34064 0 0
PUBLIC SVC ENTERPRISE GROUP COM 744573106 1133 25360 SH SOLE 25360 0 0
PUGET SOUND ENERGY INC COM 745332106 890 35071 SH SOLE 35071 0 0
PULTE CORP COM 745867101 880 26662 SH SOLE 26662 0 0
PUMA TECHNOLOGY INC COM 745887109 360 17721 SH SOLE 17721 0 0
PURCHASEPRO.COM INC COM 746144104 627 7136 SH SOLE 7136 0 0
PURE RESOURCES INC COM 74622E102 482 22764 SH SOLE 22764 0 0
QLOGIC CORP COM 747277101 1760 20000 SH PUT SOLE 20000 0 0
QLOGIC CORP COM 747277101 1760 20000 SH CALL SOLE 20000 0 0
QLOGIC CORP COM 747277101 4920 55909 SH SOLE 55909 0 0
QUAKER OATS COMPANY COM 747402105 2253 28474 SH SOLE 28474 0 0
QUALCOMM INC COM 747525103 5843 82000 SH CALL SOLE 82000 0 0
QUALCOMM INC COM 747525103 21345 299577 SH SOLE 299577 0 0
QUALCOMM INC COM 747525103 13894 195000 SH PUT SOLE 195000 0 0
QUANTA SERVICES INC COM 74762E102 1418 51548 SH SOLE 51548 0 0
QUANTUM CORP DLT & STORAGE COM 747906204 1363 90481 SH SOLE 90481 0 0
QUANTUM CORP HARD DISK DRIVE COM 747906303 456 45905 SH SOLE 45905 0 0
QUEENS COUNTY BANCORP INC COM 748242104 370 12829 SH SOLE 12829 0 0
QUEST DIAGNOSTICS COM 74834L100 3251 28328 SH SOLE 28328 0 0
QUESTAR CORP. COM 748356102 1195 42962 SH SOLE 42962 0 0
QUINTILIES TRANSNATIONAL CORP COM 748767100 543 34043 SH SOLE 34043 0 0
QUOKKA SPORTS INC COM 749077103 44 11201 SH SOLE 11201 0 0
QUORUM HEALTH GROUP INC COM 749084109 864 66476 SH SOLE 66476 0 0
QWEST COMMUNICATIONS INTL COM 749121109 14805 308027 SH SOLE 308027 0 0
R L I CORP COM 749607107 215 5584 SH SOLE 5584 0 0
R R DONNELLEY & SON COMPANY COM 257867101 338 13748 SH SOLE 13748 0 0
R.H. DONNELLEY CORP COM 74955W307 412 19522 SH SOLE 19522 0 0
RADIOSHACK CORP COM 750438103 2845 44030 SH SOLE 44030 0 0
RADISYS CORP COM 750459109 480 9488 SH SOLE 9488 0 0
RAINBOW TECHNOLOGIES INC COM 750862104 257 7260 SH SOLE 7260 0 0
RALCORP HOLDINGS INC COM 751028101 143 10158 SH SOLE 10158 0 0
RALSTON PURINA CO COM (NEW) COM 751277302 757 31940 SH SOLE 31940 0 0
RARE HOSPITALITY INTL INC. COM 753820109 268 13139 SH SOLE 13139 0 0
RARE MEDIUM GROUP INC COM 75382N109 107 14452 SH SOLE 14452 0 0
RATHEON CLASS B COM 755111408 1564 55006 SH SOLE 55006 0 0
RATIONAL SOFTWARE CORP NEW COM 75409P202 8015 115534 SH SOLE 115534 0 0
RAYMOND JAMES FINANCIAL INC COM 754730109 1051 31907 SH SOLE 31907 0 0
RAYONIER INC COM 754907103 1254 34898 SH SOLE 34898 0 0
RAZORFISH COM 755236106 167 16157 SH SOLE 16157 0 0
READERS DIGEST ASSOCIATION COM 755267101 2412 68305 SH SOLE 68305 0 0
REALITY INCOME CORP COM 756109104 221 9463 SH SOLE 9463 0 0
REALNETWORKS INC COM 75605L104 398 10000 SH PUT SOLE 10000 0 0
REALNETWORKS INC COM 75605L104 973 24475 SH SOLE 24475 0 0
RECKSON ASSOCIATES REALTY COR COM 75621K106 361 14167 SH SOLE 14167 0 0
RED HAT INC COM 756577102 203 11900 SH SOLE 11900 0 0
REEBOK INTL LTD COM 758110100 671 35651 SH SOLE 35651 0 0
REGAL BELOIT CORP COM 758750103 196 11555 SH SOLE 11555 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 30 of 39
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>
REGENCY RLTY CORP COM 758939102 347 15115 SH SOLE 15115 0 0
REGENERON PHARMACEUTICALS INC COM 75886F107 344 10544 SH SOLE 10544 0 0
REGIONS FINANCIAL CORP COM 758940100 844 37217 SH SOLE 37217 0 0
REGIS CORP NEW COM 758932107 283 18875 SH SOLE 18875 0 0
REHABCARE GROUP INC COM 759148109 398 9363 SH SOLE 9363 0 0
RELIANCE GROUP HLDGS INC COM 759464100 11 52633 SH SOLE 52633 0 0
RELIANCE STL & ALUM CO COM 759509102 261 12401 SH SOLE 12401 0 0
RELIANT ENERGY CORP COM 75952J108 2825 60751 SH SOLE 60751 0 0
REMEC INC COM 759543101 552 18767 SH SOLE 18767 0 0
REMEDY CORP COM 759548100 327 17336 SH SOLE 17336 0 0
RENAL CARE GROUP INC COM 759930100 420 22549 SH SOLE 22549 0 0
RENT A CENTER INC COM 76009N100 298 8582 SH SOLE 8582 0 0
RENT-WAY INC COM 76009U104 467 15375 SH SOLE 15375 0 0
REPUBLIC BANCORP COM 760282103 165 17325 SH SOLE 17325 0 0
REPUBLIC SECURITY FINL CORP COM 760758102 149 30095 SH SOLE 30095 0 0
RESMED INC COM 761152107 223 7123 SH SOLE 7123 0 0
RESPIRONICS INC COM 761230101 265 15869 SH SOLE 15869 0 0
REYNOLDS & REYNOLDS COMPANY COM 761695105 777 39101 SH SOLE 39101 0 0
RF MICRO DEVICES COM 749941100 542 16937 SH SOLE 16937 0 0
RGS ENERGY GROUP COM 74956K104 347 12310 SH SOLE 12310 0 0
RHYTHMS NETCONNECTIONS INC COM 762430205 234 31674 SH SOLE 31674 0 0
RICHMOND COUNTY FINANCIAL COM 764556106 318 13152 SH SOLE 13152 0 0
RJ REYNOLDS TOBACCO HOLDINGS COM 76182K105 2192 67975 SH SOLE 67975 0 0
ROBERT HALF INTL INC COM 770323103 3813 109927 SH SOLE 109927 0 0
ROBOTIC VISION SYSTEMS INC COM 771074101 118 19853 SH SOLE 19853 0 0
ROCKWELL INTERNATIONAL COM 773903109 904 29895 SH SOLE 29895 0 0
ROHM & HAAS COMPANY COM 775371107 1504 51737 SH SOLE 51737 0 0
ROLLINS INCORPORATED COM 775711104 208 14030 SH SOLE 14030 0 0
ROLLINS TRUCK LEASING CORP COM 775741101 156 24745 SH SOLE 24745 0 0
ROPER INDUSTRIES INC NEW COM 776696106 446 13426 SH SOLE 13426 0 0
ROSLYN BANCORP INC COM 778162107 1745 77973 SH SOLE 77973 0 0
ROSS STORES INC COM 778296103 497 34574 SH SOLE 34574 0 0
ROWAN COMPANIES INC COM 779382100 412 14200 SH SOLE 14200 0 0
ROYAL DUTCH PETRO - NY SHARES COM 780257804 23575 393322 SH SOLE 393322 0 0
RPC ENERGY SVS INC COM 749660106 155 13158 SH SOLE 13158 0 0
RPM INCORPORATED OHIO COM 749685103 968 106819 SH SOLE 106819 0 0
RUBY TUESDAY INC COM 781182100 183 16308 SH SOLE 16308 0 0
RUDDICK CORP COM 781258108 448 32258 SH SOLE 32258 0 0
RURAL CELLULAR CORP COM 781904107 365 5362 SH SOLE 5362 0 0
RUSSELL CORP COM 782352108 489 30789 SH SOLE 30789 0 0
RYANS FAMILY STEAK HOUSES INC COM 783519101 114 14786 SH SOLE 14786 0 0
RYDER SYSTEM INC COM 783549108 346 18758 SH SOLE 18758 0 0
RYERSON TULL INC COM 78375P107 138 14657 SH SOLE 14657 0 0
RYLAND GROUP INC COM 783764103 225 7249 SH SOLE 7249 0 0
S & T BANCORP INC COM 783859101 216 11390 SH SOLE 11390 0 0
S C I SYSTEMS COM 783890106 3887 94813 SH SOLE 94813 0 0
S P X CORP COM 784635104 2963 20877 SH SOLE 20877 0 0
S3 INC COM 784849101 440 42662 SH SOLE 42662 0 0
SABRATEK CORP CONVER NOTES BOND CV 78571UAA6 1472 4200000 PRN SOLE 0 0 0
SABRE GROUP HOLDINGS ICN COM 785905100 787 27184 SH SOLE 27184 0 0
SAFECO CORPORATION COM 786429100 568 20851 SH SOLE 20851 0 0
SAFEGUARD SCIENTIFIC INC COM 786449108 1097 55000 SH CALL SOLE 55000 0 0
SAFEGUARD SCIENTIFICS BOND CV 786449AE8 10188 9764000 PRN SOLE 0 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 31 of 39
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>
SAFEWAY INC COM 786514208 4550 97465 SH SOLE 97465 0 0
SAGENT TECHNOLOGY COM 786693101 80 10644 SH SOLE 10644 0 0
SAKS INC COM 79377W108 594 60116 SH SOLE 60116 0 0
SANMINA CORP COM 800907107 4770 50953 SH SOLE 50953 0 0
SANMINA CORP COM 800907107 936 10000 SH PUT SOLE 10000 0 0
SAPIENT CORP. COM 803062108 1038 25515 SH SOLE 25515 0 0
SARA LEE CORP COM 803111103 2582 127118 SH SOLE 127118 0 0
SAWTEK INC COM 805468105 958 24881 SH SOLE 24881 0 0
SBA COMMUNICATIONS CORP COM 78388J106 658 15699 SH SOLE 15699 0 0
SBC COMMUNICATIONS INC COM 78387G103 32122 642437 SH SOLE 642437 0 0
SCANA CORP WHEN ISSUED COM 80589M102 1747 56593 SH SOLE 56593 0 0
SCHERING-PLOUGH CORP COM 806605101 13241 284743 SH SOLE 284743 0 0
SCHLUMBERGER LIMITED COM 806857108 8719 105928 SH SOLE 105928 0 0
SCHOLASTIC CORP COM 807066105 1141 14345 SH SOLE 14345 0 0
SCHOOL SPECIALTY INC COM 807863105 211 9881 SH SOLE 9881 0 0
SCIENTIFIC-ATLANTA INC COM 808655104 1848 29048 SH SOLE 29048 0 0
SCIQUEST.COM INC COM 80908Q107 71 10336 SH SOLE 10336 0 0
SCM MICROSYSTEMS INC COM 784018103 250 6598 SH SOLE 6598 0 0
SCOTT'S CO CL-A COM 810186106 371 11072 SH SOLE 11072 0 0
SCP POOL CORP COM 784028102 273 9199 SH SOLE 9199 0 0
SDL INC COM 784076101 2896 9364 SH SOLE 9364 0 0
SEACHANGE INTERNATIONAL COM 811699107 346 10360 SH SOLE 10360 0 0
SEACOR SMIT INC COM 811904101 421 9036 SH SOLE 9036 0 0
SEAGATE TECHNOLOGY INC COM 811804103 2946 42689 SH SOLE 42689 0 0
SEAGRAM COMPANY LTD COM 811850106 26955 469290 SH SOLE 469290 0 0
SEALED AIR CORP COM 81211K100 940 20766 SH SOLE 20766 0 0
SEALED AIR CORP PRFD CONV STK PFD CV 81211K209 481 10594 SH SOLE 10594 0 0
SEARS ROEBUCK & COMPANY COM 812387108 3050 94080 SH SOLE 94080 0 0
SECURE COMPUTING CORP COM 813705100 528 20267 SH SOLE 20267 0 0
SECURITY CAPITAL GROUP-B COM 81413P204 436 23030 SH SOLE 23030 0 0
SEI INVESTMENT COMPANY COM 784117103 2066 29200 SH SOLE 29200 0 0
SEMPRA ENERGY COM 816851109 764 36696 SH SOLE 36696 0 0
SEMTECH CORPORATION COM 816850101 1611 38948 SH SOLE 38948 0 0
SENIOR HOUSING PROP TRUST COM 81721M109 94 10113 SH SOLE 10113 0 0
SENSORMATIC ELECTRONIC CORP COM 817265101 1057 70489 SH SOLE 70489 0 0
SENSORMATIC ELECTRS CORP COM 817265606 216 14280 SH SOLE 14280 0 0
SEPRACOR INC COM 817315104 5513 44934 SH SOLE 44934 0 0
SEQUA CORP CLASS A COM 817320104 313 7363 SH SOLE 7363 0 0
SERENA SOFTWARE INC COM 817492101 473 10262 SH SOLE 10262 0 0
SERVICE CORP INTERNATIONAL COM 817565104 302 123823 SH SOLE 123823 0 0
SHAW GROUP INC (THE) COM 820280105 921 13057 SH SOLE 13057 0 0
SHAW INDUSTRIES INC COM 820286102 1290 69707 SH SOLE 69707 0 0
SHERWIN-WILLIAMS COMPANY COM 824348106 457 21402 SH SOLE 21402 0 0
SHOPKO STORES INC COM 824911101 130 12553 SH SOLE 12553 0 0
SHURGARD STORAGE CENTERS INC COM 82567D104 207 9162 SH SOLE 9162 0 0
SICOR INC COM 825846108 284 27742 SH SOLE 27742 0 0
SIEBEL SYSTEMS INC COM 826170102 14277 128258 SH SOLE 128258 0 0
SIEBEL SYSTEMS INC COM 826170102 2226 20000 SH PUT SOLE 20000 0 0
SIEBEL SYSTEMS INC COM 826170102 4453 40000 SH CALL SOLE 40000 0 0
SIERRA PACIFIC RESOURCES COM 826428104 1259 69939 SH SOLE 69939 0 0
SIGMA-ALDRICH CORPORATION COM 826552101 695 21055 SH SOLE 21055 0 0
SILICON GRAPHICS INC COM 827056102 346 83958 SH SOLE 83958 0 0
SILICON IMAGE INC COM 82705T102 393 15847 SH SOLE 15847 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 32 of 39
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>
SILICON VALLEY GROUP INC COM 827066101 446 16965 SH SOLE 16965 0 0
SILICON VY BANCSHARES COM 827064106 1079 18520 SH SOLE 18520 0 0
SINCLAIR BROADCAST GROUP-A COM 829226109 239 21837 SH SOLE 21837 0 0
SIPEX CORP COM 829909100 699 16616 SH SOLE 16616 0 0
SIRIUS SATELLITE RADIO INC COM 82966U103 1167 22066 SH SOLE 22066 0 0
SITEL CORP COM 82980K107 88 29988 SH SOLE 29988 0 0
SIX FLAGS INC COM 83001P109 723 46625 SH SOLE 46625 0 0
SKY FINANCIAL GROUP COM 83080P103 694 39104 SH SOLE 39104 0 0
SKYWEST INC COM 830879102 512 9997 SH SOLE 9997 0 0
SL GREEN REALTY CORP COM 78440X101 407 14512 SH SOLE 14512 0 0
SMARTALK TELESERVCS PVT PLCMT BOND CV 83169AAA8 0 500000 PRN SOLE 0 0 0
SMITH CHARLES E. RESIDENTIAL COM 832197107 643 14160 SH SOLE 14160 0 0
SMITH INTERNATIONAL INC COM 832110100 2428 29772 SH SOLE 29772 0 0
SMITHFIELD FOODS INC COM 832248108 904 34441 SH SOLE 34441 0 0
SMUCKER (J.M.) COMPANY COM 832696306 504 20722 SH SOLE 20722 0 0
SMURFIT-STONE CORP COM 832727101 207 17238 SH SOLE 17238 0 0
SNAP-ON INC HLDG CO COM 833034101 1487 63096 SH SOLE 63096 0 0
SODEXHO MARRIOT SERVICES COM 833793102 179 10872 SH SOLE 10872 0 0
SOFTNET SYSTEMS INC COM 833964109 70 11713 SH SOLE 11713 0 0
SOLECTRON CORP COM 834182107 5133 111278 SH SOLE 111278 0 0
SOLUTIA INC COM 834376105 1271 111760 SH SOLE 111760 0 0
SOMERA COMM INC COM 834458101 112 11815 SH SOLE 11815 0 0
SONIC CORPORATION COM 835451105 229 7274 SH SOLE 7274 0 0
SONICWALL INC COM 835470105 338 11856 SH SOLE 11856 0 0
SONOCO PRODS CO COM 835495102 527 29179 SH SOLE 29179 0 0
SOTHEBY`S HOLDINGS INC COM 835898107 1211 48669 SH SOLE 48669 0 0
SOUTH FINANCIAL GROUP INC COM 837841105 298 23615 SH SOLE 23615 0 0
SOUTH JERSEY INDUSTRIES INC COM 838518108 205 7026 SH SOLE 7026 0 0
SOUTHDOWN INCORPORATED COM 841297104 277 3886 SH SOLE 3886 0 0
SOUTHERN COMPANY COM 842587107 3973 122493 SH SOLE 122493 0 0
SOUTHERN PACIFIC FUNDING CTFS COM 843578204 0 242314 SH SOLE 242314 0 0
SOUTHERN PERU COPPER CORP COM 843611104 158 10164 SH SOLE 10164 0 0
SOUTHERN UNION CO NEW COM 844030106 200 10113 SH SOLE 10113 0 0
SOUTHTRUST CORP COM 844730101 881 28029 SH SOLE 28029 0 0
SOUTHWEST AIRLINES COM 844741108 1981 81683 SH SOLE 81683 0 0
SOUTHWEST BANCORP OF TEXAS COM 84476R109 559 17100 SH SOLE 17100 0 0
SOUTHWEST SECURITIES GRP INC COM 845224104 505 17273 SH SOLE 17273 0 0
SOUTHWESTERN ENERGY COMPANY COM 845467109 138 15731 SH SOLE 15731 0 0
SOVEREIGN BANCORP INC COM 845905108 982 106132 SH SOLE 106132 0 0
SOVEREIGN BANCORP INC PFD INCO PFD CV 845905306 9152 159413 SH SOLE 159413 0 0
SPANISH BROADCASTING SYS CL A COM 846425882 180 15331 SH SOLE 15331 0 0
SPEEDFAM - IPEC INC COM 847705100 195 17090 SH SOLE 17090 0 0
SPHERION CORP COM 848420105 258 21639 SH SOLE 21639 0 0
SPRINT CORP COM 852061100 5070 172972 SH SOLE 172972 0 0
SPRINT CORP PCS GROUP COM 852061506 6023 171765 SH SOLE 171765 0 0
SPS TECH INC COM 784626103 382 7869 SH SOLE 7869 0 0
ST JUDE MEDICAL INCORPORATED COM 790849103 889 17441 SH SOLE 17441 0 0
ST MARY LAND & EXPL CO COM 792228108 304 13199 SH SOLE 13199 0 0
ST PAUL COMPANIES INC COM 792860108 2207 44760 SH SOLE 44760 0 0
STAMPS.COM INC COM 852857101 53 13803 SH SOLE 13803 0 0
STANCORP FINANCIAL GROUP COM 852891100 973 22765 SH SOLE 22765 0 0
STANDARD PACIFIC CORP COM 85375C101 233 12929 SH SOLE 12929 0 0
STANDARD REGISTER CO COM 853887107 243 15189 SH SOLE 15189 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 33 of 39
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>
STAPLES INC COM 855030102 1617 113964 SH SOLE 113964 0 0
STARBASE CORP COM 854910205 110 19359 SH SOLE 19359 0 0
STARBUCKS CORPORATION COM 855244109 2456 61297 SH SOLE 61297 0 0
STARMEDIA NETWORK INC COM 855546107 119 15844 SH SOLE 15844 0 0
STATE STREET CORP. COM 857477103 3998 30753 SH SOLE 30753 0 0
STATEN ISLAND BANCORP INC COM 857550107 268 13376 SH SOLE 13376 0 0
STATION CASINOS INC COM 857689103 238 16731 SH SOLE 16731 0 0
STEEL DYNAMICS INC COM 858119100 205 22273 SH SOLE 22273 0 0
STEIN MART INC COM 858375108 157 14554 SH SOLE 14554 0 0
STERIS CORP COM 859152100 740 61706 SH SOLE 61706 0 0
STEWART & STEVENSON SVCS COM 860342104 537 30821 SH SOLE 30821 0 0
STEWART ENTERPRISES INC CL A COM 860370105 144 74220 SH SOLE 74220 0 0
STILLWATER MINING CO. COM 86074Q102 550 20327 SH SOLE 20327 0 0
STILWELL FINANCIAL INC COM 860831106 1929 44340 SH SOLE 44340 0 0
STONE ENERGY CORP COM 861642106 623 11329 SH SOLE 11329 0 0
STORAGE TECHNOLOGY CORP COM 862111200 1377 101513 SH SOLE 101513 0 0
STORAGE USA INC COM 861907103 524 17179 SH SOLE 17179 0 0
STRIDE RITE CORPORATION COM 863314100 109 21474 SH SOLE 21474 0 0
STRUCTURAL DYNAMICS RESH COM 863555108 563 34391 SH SOLE 34391 0 0
STRYKER CORP COM 863667101 5117 119163 SH SOLE 119163 0 0
SUIZA FOODS CORP COM 865077101 1711 33751 SH SOLE 33751 0 0
SUMMIT PROPS INC COM 866239106 267 11081 SH SOLE 11081 0 0
SUN CMNTYS INC COM 866674104 260 8228 SH SOLE 8228 0 0
SUN MICROSYSTEMS INC COM 866810104 14010 120000 SH PUT SOLE 120000 0 0
SUN MICROSYSTEMS INC COM 866810104 9340 80000 SH CALL SOLE 80000 0 0
SUN MICROSYSTEMS INC COM 866810104 42992 368241 SH SOLE 368241 0 0
SUNBEAM CORPORATION COM 867071102 68 52031 SH SOLE 52031 0 0
SUNGARD DATA SYSTEMS INC COM 867363103 3191 74524 SH SOLE 74524 0 0
SUNGLASS HUT INTL INC COM 86736F106 112 17073 SH SOLE 17073 0 0
SUNRISE TECHNOLOGIES INTL INC COM 86769L103 172 23936 SH SOLE 23936 0 0
SUNTRUST BANKS INC COM 867914103 3282 65895 SH SOLE 65895 0 0
SUPERGEN INC COM 868059106 283 14724 SH SOLE 14724 0 0
SUPERIOR ENERGY SERVICES INC COM 868157108 206 19623 SH SOLE 19623 0 0
SUPERIOR INDUSTRIES COM 868168105 669 22315 SH SOLE 22315 0 0
SUPERIOR TELECOM INC COM 868365107 76 12689 SH SOLE 12689 0 0
SUPERVALU INC COM 868536103 169 11210 SH SOLE 11210 0 0
SUSQUEHANNA BANCSHARES INC PA COM 869099101 338 22147 SH SOLE 22147 0 0
SVI HOLDING INC COM 784872103 59 11907 SH SOLE 11907 0 0
SWIFT ENERGY COMPANY COM 870738101 417 10026 SH SOLE 10026 0 0
SWIFT TRANSPORTATION CO INC COM 870756103 633 48424 SH SOLE 48424 0 0
SYBASE INC COM 871130100 1200 52187 SH SOLE 52187 0 0
SYBRON INT'L CORP COM 87114F106 881 36694 SH SOLE 36694 0 0
SYKES ENTERPRISES INC COM 871237103 191 35497 SH SOLE 35497 0 0
SYLVAN LEARNING SYSTEMS INC COM 871399101 501 33839 SH SOLE 33839 0 0
SYMANTEC CORP COM 871503108 1403 31879 SH SOLE 31879 0 0
SYMBOL TECHNOLOGIES INC COM 871508107 3158 87888 SH SOLE 87888 0 0
SYMMETRICOM INC COM 871543104 199 12729 SH SOLE 12729 0 0
SYMYX TECHNOLOGIES INC COM 87155S108 345 7960 SH SOLE 7960 0 0
SYNCOR INTL CORP NEW COM 87157J106 293 7965 SH SOLE 7965 0 0
SYNOPSYS INC COM 871607107 2290 60475 SH SOLE 60475 0 0
SYNOPSYS INC COM 871607107 758 20000 SH PUT SOLE 20000 0 0
SYNOVUS FINANCIAL CORP COM 87161C105 570 26891 SH SOLE 26891 0 0
SYNTROLEUM CORP COM 871630109 382 18754 SH SOLE 18754 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 34 of 39
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>
SYSCO CORPORATION COM 871829107 2907 62766 SH SOLE 62766 0 0
SYSTEMAX INC COM 871851101 34 12314 SH SOLE 12314 0 0
SYSTEMS & COMPUTER TECHNOLOGY COM 871873105 307 17489 SH SOLE 17489 0 0
T R W INCORPORATED COM 872649108 649 15972 SH SOLE 15972 0 0
T ROWE PRICE & ASSOC INC COM 741477103 1017 21669 SH SOLE 21669 0 0
TAKE-TWO INTERACTIVE SOFTWARE COM 874054109 163 12949 SH SOLE 12949 0 0
TALBOTS INC COM 874161102 378 5700 SH SOLE 5700 0 0
TALK.COM INC COM 874264104 140 31795 SH SOLE 31795 0 0
TARGET CORP COM 87612E106 4484 174987 SH SOLE 174987 0 0
TARGETED GENTETISC CORP COM 87612M108 164 13797 SH SOLE 13797 0 0
TCF FINANCIAL CORP COM 872275102 1671 44409 SH SOLE 44409 0 0
TECH DATA CORP COM 878237106 1558 36455 SH SOLE 36455 0 0
TECHNICLONE INTL CORP NEW COM 878517309 89 36416 SH SOLE 36416 0 0
TECHNITROL INCORPORATED COM 878555101 717 7102 SH SOLE 7102 0 0
TECHNOLOGY SOLUTIONS CO COM 87872T108 52 20864 SH SOLE 20864 0 0
TECO ENERGY INC COM 872375100 2700 93915 SH SOLE 93915 0 0
TECUMSEH PRODS CO CL A COM 878895200 908 21672 SH SOLE 21672 0 0
TEKELEC INC CONV 144A PRVT PLC BOND CV 879101AA1 6025 3000000 PRN SOLE 0 0 0
TEKELEC INC SUB NOTES BOND CV 879101AC7 8095 4031000 PRN SOLE 0 0 0
TEKTRONIX INCORPORATED COM 879131100 861 11209 SH SOLE 11209 0 0
TELEDYNE TECHNOLOGIES COM 879360105 525 18034 SH SOLE 18034 0 0
TELEFLEX INCORPORATED COM 879369106 1539 44766 SH SOLE 44766 0 0
TELEFONOS DE MEXICO S.A. BOND CV 879403AD5 11507 8906000 PRN SOLE 0 0 0
TELEFONOS DE MEXICO SA DE CV COM 879403780 10478 197000 SH SOLE 197000 0 0
TELEPHONE & DATA SYSTEMS INC COM 879433100 3587 32399 SH SOLE 32399 0 0
TELIGENT INC CL A COM 87959Y103 149 11468 SH SOLE 11468 0 0
TELLABS INCORPORATED COM 879664100 955 20000 SH CALL SOLE 20000 0 0
TELLABS INCORPORATED COM 879664100 478 10000 SH PUT SOLE 10000 0 0
TELLABS INCORPORATED COM 879664100 4668 97759 SH SOLE 97759 0 0
TEMPLE INLAND INC COM 879868107 351 9259 SH SOLE 9259 0 0
TENET HEALTHCARE GROUP COM 88033G100 2301 63264 SH SOLE 63264 0 0
TERADYNE INCORPORATED COM 880770102 1283 36659 SH SOLE 36659 0 0
TERREMARK WORLDWIDE INC COM 881448104 106 41740 SH SOLE 41740 0 0
TETRA TECH INC NEW COM 88162G103 466 16301 SH SOLE 16301 0 0
TEXACO INC COM 881694103 5759 109691 SH SOLE 109691 0 0
TEXAS BIOTECHNOLOGY CORP COM 88221T104 268 16756 SH SOLE 16756 0 0
TEXAS INSTRUMENTS INCORPORATE COM 882508104 15252 323230 SH SOLE 323230 0 0
TEXTRON INCORPORATED COM 883203101 1957 42428 SH SOLE 42428 0 0
THERAGENICS CORP COM 883375107 80 12256 SH SOLE 12256 0 0
THERMO ELECTRON CORPORATION COM 883556102 960 36920 SH SOLE 36920 0 0
THQ INC COM 872443403 232 9986 SH SOLE 9986 0 0
THREE FIVE SYSTEMS INC COM 88554L108 287 9795 SH SOLE 9795 0 0
TIDEWATER INCORPORATED COM 886423102 1278 28091 SH SOLE 28091 0 0
TIFFANY & CO NEW COM 886547108 982 25461 SH SOLE 25461 0 0
TIMBERLAND CO CLASS A COM 887100105 368 8965 SH SOLE 8965 0 0
TIME WARNER INC COM 887315109 7825 100000 SH PUT SOLE 100000 0 0
TIME WARNER INC COM 887315109 24405 311883 SH SOLE 311883 0 0
TIMKEN COMPANY COM 887389104 297 21710 SH SOLE 21710 0 0
TITAN CORP COM 888266103 494 29935 SH SOLE 29935 0 0
TITAN PHARMACEUTICALS INC COM 888314101 749 11530 SH SOLE 11530 0 0
TJX COS INC NEW COM 872540109 1461 64919 SH SOLE 64919 0 0
TOLL BROTHERS INC COM 889478103 508 14789 SH SOLE 14789 0 0
TOLLGRADE COMMUNICATIONS INC COM 889542106 786 5661 SH SOLE 5661 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 35 of 39
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>
TOM BROWN INC NEW COM 115660201 313 12769 SH SOLE 12769 0 0
TOO INC COM 890333107 229 9635 SH SOLE 9635 0 0
TOPPS INC (THE) COM 890786106 154 16775 SH SOLE 16775 0 0
TORCHMARK CORPORATION COM 891027104 333 11973 SH SOLE 11973 0 0
TORO COMPANY COM 891092108 268 8517 SH SOLE 8517 0 0
TOSCO CORP NEW COM 891490302 689 22087 SH SOLE 22087 0 0
TOTAL FINA ELF S.A. COM 89151E109 698 9500 SH SOLE 9500 0 0
TOTAL RENAL CARE HOLDINGS INS COM 89151A107 286 38105 SH SOLE 38105 0 0
TOYS R US INC COM 892335100 495 30472 SH SOLE 30472 0 0
TRANSACTION SYSTEMS ACRHITECT COM 893416107 493 30368 SH SOLE 30368 0 0
TRANSKARYOTIC THERAPIES INC COM 893735100 340 7904 SH SOLE 7904 0 0
TRANSMONTAIGNE OIL CORP COM 893934109 82 16606 SH SOLE 16606 0 0
TRANSOCEAN SEDCO FOREX INC COM G90078109 2381 40610 SH SOLE 40610 0 0
TRANSWITCH CORP. COM 894065101 3237 50774 SH SOLE 50774 0 0
TRIAD HOSPITALS COM 89579K109 773 26306 SH SOLE 26306 0 0
TRIANGLE PHARMACEUTICAL COM 89589H104 141 16659 SH SOLE 16659 0 0
TRIBUNE COMPANY NEW COM 896047107 2515 57643 SH SOLE 57643 0 0
TRICON GLOBAL RESTAURANTS COM 895953107 825 26927 SH SOLE 26927 0 0
TRICORD SYSTEMS INC COM 896121100 163 10923 SH SOLE 10923 0 0
TRIGON HEALTHCARE INC COM 89618L100 1424 27092 SH SOLE 27092 0 0
TRIMBLE NAVIGATION LTD COM 896239100 428 19149 SH SOLE 19149 0 0
TRIMERIS INC COM 896263100 549 7854 SH SOLE 7854 0 0
TRINITY INDUSTRIES INC COM 896522109 1353 57884 SH SOLE 57884 0 0
TRIQUINT SEMICONDUCTOR INC COM 89674K103 1571 43107 SH SOLE 43107 0 0
TRIUMPH GROUP INC. COM 896818101 218 6084 SH SOLE 6084 0 0
TRUSTCO BANK CORP N.Y. COM 898349105 317 25745 SH SOLE 25745 0 0
TRUSTMARK CORP COM 898402102 728 37349 SH SOLE 37349 0 0
TUCKER ANTHONY SUTRO COM 898647102 345 13608 SH SOLE 13608 0 0
TULARIK INC COM 899165104 249 7543 SH SOLE 7543 0 0
TUPPERWARE CORP. COM 899896104 558 31008 SH SOLE 31008 0 0
TUT SYSTEMS COM 901103101 901 10439 SH SOLE 10439 0 0
TWEETER HOME ENTERTAINMENT COM 901167106 249 6848 SH SOLE 6848 0 0
TWINLAB CORP COM 901774109 60 13751 SH SOLE 13751 0 0
TXI CAPITAL TRUST I SPECIAL PU PFD CV 873119200 1439 49594 SH SOLE 49594 0 0
TXU CORPORATION COM 873168108 1003 25312 SH SOLE 25312 0 0
TYCO INTERNATIONAL LTD COM 902124106 15928 307055 SH SOLE 307055 0 0
TYSON FOODS INC CLASS A DEL COM 902494103 852 85212 SH SOLE 85212 0 0
U S INDUSTRIES INC NEW COM 912080108 251 25269 SH SOLE 25269 0 0
U S T INC FORMERLY COM 902911106 622 27196 SH SOLE 27196 0 0
U.S. BANCORP (NEW) COM 902973106 4057 178324 SH SOLE 178324 0 0
UAL CORP (NEW) COM 902549500 210 5000 SH SOLE 5000 0 0
UCAR INTERNATIONAL COM 90262K109 391 30824 SH SOLE 30824 0 0
UGI HOLDING CO COM 902681105 425 17526 SH SOLE 17526 0 0
UICI COM 902737105 128 18350 SH SOLE 18350 0 0
UIL HOLDINGS CORP COM 902748102 562 10928 SH SOLE 10928 0 0
ULTIMATE ELECTRONICS INC COM 903849107 230 5602 SH SOLE 5602 0 0
ULTRAMAN DIAMOND SHAMRORK COR COM 904000106 996 39243 SH SOLE 39243 0 0
ULTRATECH STEPPER INC COM 904034105 242 15065 SH SOLE 15065 0 0
UNICOM CORP COM 904911104 3201 56973 SH SOLE 56973 0 0
UNIFI INC COM 904677101 311 30534 SH SOLE 30534 0 0
UNILEVER NV (NEW) COM 904784709 5333 110538 SH SOLE 110538 0 0
UNION CARBIDE CORPORATION COM 905581104 905 23977 SH SOLE 23977 0 0
UNION PACIFIC CORP COM 907818108 1999 51409 SH SOLE 51409 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 36 of 39
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>
UNION PLANTERS CORP OF MEMPHI COM 908068109 372 11260 SH SOLE 11260 0 0
UNISYS CORP COM 909214108 550 48913 SH SOLE 48913 0 0
UNIT CORP COM 909218109 354 23988 SH SOLE 23988 0 0
UNITED ASSET MANAGEMENT CORP COM 909420101 783 31327 SH SOLE 31327 0 0
UNITED BANKSHARES INC COM 909907107 248 12613 SH SOLE 12613 0 0
UNITED COMMUNITY FINANCIAL COM 909839102 146 22173 SH SOLE 22173 0 0
UNITED DOMINION REALTY TR INC COM 910197102 322 29579 SH SOLE 29579 0 0
UNITED RENTALS INC COM 911363109 1394 57765 SH SOLE 57765 0 0
UNITED RENTALS TRUST I PFD CV 91136H306 7365 209306 SH SOLE 209306 0 0
UNITED STATIONERS INC COM 913004107 294 10947 SH SOLE 10947 0 0
UNITED TECHNOLOGIES CORP COM 913017109 6239 90100 SH SOLE 90100 0 0
UNITED TELEVISION INCORPORATE COM 913066106 311 2118 SH SOLE 2118 0 0
UNITED THERAPEUTICS CORP COM 91307C102 936 10716 SH SOLE 10716 0 0
UNITEDGLOBALCOM 7.00% CONV PRF PFD CV 913247201 4990 115547 SH SOLE 115547 0 0
UNITEDHEALTH GROUP INC COM 91324P102 2888 29245 SH SOLE 29245 0 0
UNITRIN INC COM 913275103 607 19153 SH SOLE 19153 0 0
UNIVERSAL COMPRESSION HLDGS COM 913431102 208 6728 SH SOLE 6728 0 0
UNIVERSAL CORP VA COM 913456109 1082 36834 SH SOLE 36834 0 0
UNIVERSAL FOODS CORPORATION COM 913538104 921 45188 SH SOLE 45188 0 0
UNIVISION COMMUNCIATIONS INC COM 914906102 4722 126338 SH SOLE 126338 0 0
UNOCAL CORPORATION COM 915289102 1419 40049 SH SOLE 40049 0 0
UNUM CORP COM 91529Y106 1209 44378 SH SOLE 44378 0 0
US AIRWAYS GROUP INC COM 911905107 413 13568 SH SOLE 13568 0 0
US FREIGHTWAYS CORP COM 916906100 492 21664 SH SOLE 21664 0 0
USA EDUCATION INC COM 90390U102 1637 33979 SH SOLE 33979 0 0
USA NEWORKS INC COM 902984103 802 36569 SH SOLE 36569 0 0
USEC INC COM 90333E108 287 67514 SH SOLE 67514 0 0
USG CORP NEW COM 903293405 291 11622 SH SOLE 11622 0 0
USINTERNETWORKIN INC SUB NOTES BOND CV 917311AH5 7236 11016000 PRN SOLE 0 0 0
USONCOLOGY COM 90338W103 182 40243 SH SOLE 40243 0 0
USX MARATHON GROUP COM 902905827 1296 45659 SH SOLE 45659 0 0
UTI ENERGY CORP COM 903387108 558 12514 SH SOLE 12514 0 0
UTILICORP UNITED INC COM 918005109 2296 88737 SH SOLE 88737 0 0
V F CORPORATION COM 918204108 294 11929 SH SOLE 11929 0 0
VAIL RESORTS INC COM 91879Q109 285 14055 SH SOLE 14055 0 0
VALASSIS COMMUNICATIONS INC COM 918866104 932 41880 SH SOLE 41880 0 0
VALENCE TECHNOLOGY INC COM 918914102 290 16813 SH SOLE 16813 0 0
VALERO ENERGY CORP COM 91913Y100 1474 41897 SH SOLE 41897 0 0
VALSPAR CORP COM 920355104 991 43123 SH SOLE 43123 0 0
VALUE CITY DEPT STROE COM 920387107 94 11356 SH SOLE 11356 0 0
VALUEVISION INTL INC CL A COM 92047K107 680 27076 SH SOLE 27076 0 0
VARCO INTERNATIONAL INC COM 922122106 991 47627 SH SOLE 47627 0 0
VARIAN INC COM 922206107 917 21292 SH SOLE 21292 0 0
VARIAN MEDICAL SYSTEMS INC COM 92220P105 897 19854 SH SOLE 19854 0 0
VARIAN SEMICONDUCTOR COPR COM 922207105 1107 29565 SH SOLE 29565 0 0
VASOMEDICAL INC COM 922321104 60 12241 SH SOLE 12241 0 0
VECTREN CORP COM 92240G101 1257 61871 SH SOLE 61871 0 0
VEECO INSTRUMENTS INC COM 922417100 1475 13876 SH SOLE 13876 0 0
VENATOR GROUP INC COM 922944103 773 62470 SH SOLE 62470 0 0
VENTAS INC COM 92276F100 185 36950 SH SOLE 36950 0 0
VENTRO CORPORATION COM 922815105 243 22117 SH SOLE 22117 0 0
VERISIGN INC COM 92343E102 3590 17725 SH SOLE 17725 0 0
VERITAS DGS INC COM 92343P107 412 14249 SH SOLE 14249 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 37 of 39
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>
VERITAS SOFTWARE CORP COM 923436109 3550 25000 SH PUT SOLE 25000 0 0
VERITAS SOFTWARE CORP COM 923436109 16912 119099 SH SOLE 119099 0 0
VERITY INC. COM 92343C106 631 17690 SH SOLE 17690 0 0
VERIZON COMMUNICATIONS COM 92343V104 24257 500782 SH SOLE 500782 0 0
VERTEL CORP COM 924907108 125 13542 SH SOLE 13542 0 0
VERTEX PHARMACEUTICA LS BOND CV 92532FAC4 3356 2812000 PRN SOLE 0 0 0
VIACOM INC NON VOTING COM 925524308 17335 296322 SH SOLE 296322 0 0
VIAD CORP COM 92552R109 1621 61035 SH SOLE 61035 0 0
VIANT CORP COM 92553N107 121 20581 SH SOLE 20581 0 0
VIASYSTEMS GROUP INC COM 92553H100 438 25755 SH SOLE 25755 0 0
VIATEL INC COM 925529208 334 32545 SH SOLE 32545 0 0
VICAL INC COM 925602104 274 10593 SH SOLE 10593 0 0
VICOR CORP COM 925815102 671 12365 SH SOLE 12365 0 0
VINTAGE PETROLEUM INC COM 927460105 731 32127 SH SOLE 32127 0 0
VIROPHARMA INC 144A PRVT PLCMT BOND CV 928241AA6 742 1600000 PRN SOLE 0 0 0
VISHAY INTERTECHNOLOGY INC COM 928298108 2293 74568 SH SOLE 74568 0 0
VISTEON CORP COM 92839U107 306 20264 SH SOLE 20264 0 0
VISUAL NETWORKS INC COM 928444108 108 16506 SH SOLE 16506 0 0
VISX INC COM 92844S105 1654 61405 SH SOLE 61405 0 0
VITESSE SEMICONDUCTOR CORP COM 928497106 12248 137717 SH SOLE 137717 0 0
VITESSE SEMICONDUCTOR CORP COM 928497106 6226 70000 SH PUT SOLE 70000 0 0
VOICESTREAM WIRELESS CORP COM 928615103 13983 120476 SH SOLE 120476 0 0
VULCAN MATERIALS COMPANY COM 929160109 450 11207 SH SOLE 11207 0 0
W HOLDING COMPANY INC COM 929251106 139 13648 SH SOLE 13648 0 0
W M S INDUSTRIES INC FORMERLY COM 929297109 677 30091 SH SOLE 30091 0 0
W W GRAINGER INC COM 384802104 521 19784 SH SOLE 19784 0 0
W.R. GRACE & CO. COM 38388F108 211 30743 SH SOLE 30743 0 0
WABTEC COM 929740108 141 13955 SH SOLE 13955 0 0
WACHOVIA CORP COM 929771103 2933 51746 SH SOLE 51746 0 0
WADDELL & REED FINANCIAL COM 930059100 1500 48377 SH SOLE 48377 0 0
WAL-MART STORES INC COM 931142103 2647 55000 SH CALL SOLE 55000 0 0
WAL-MART STORES INC COM 931142103 5775 120000 SH PUT SOLE 120000 0 0
WAL-MART STORES INC COM 931142103 44295 920411 SH SOLE 920411 0 0
WALGREEN COMPANY COM 931422109 7485 197304 SH SOLE 197304 0 0
WALLACE COMPUTER SERVICES INC COM 932270101 998 65452 SH SOLE 65452 0 0
WARNICO GROUP INC CL A COM 934390105 109 27292 SH SOLE 27292 0 0
WASHINGTON FEDERAL INC. COM 938824109 793 34845 SH SOLE 34845 0 0
WASHINGTON GAS LIGHT COMPANY COM 938837101 1548 57596 SH SOLE 57596 0 0
WASHINGTON GROUP INTL INC COM 938862109 143 12527 SH SOLE 12527 0 0
WASHINGTON MUTUAL INC COM 939322103 4131 103765 SH SOLE 103765 0 0
WASHINGTON POST CO COM 939640108 1910 3618 SH SOLE 3618 0 0
WASHINGTON REAL ESTATE COM 939653101 306 15266 SH SOLE 15266 0 0
WASTE MANAGEMENT INC COM 94106L109 1952 111932 SH SOLE 111932 0 0
WATCHGUARD TECHNOLOGIES INC COM 941105108 339 5653 SH SOLE 5653 0 0
WATERS CORP. COM 941848103 6930 77870 SH SOLE 77870 0 0
WATSON PHARMACEUTICALS INC COM 942683103 1338 20619 SH SOLE 20619 0 0
WAUSAU-MOSINEE PAPER CORP COM 943315101 376 48502 SH SOLE 48502 0 0
WAVE SYSTEMS CORP CL-A COM 943526103 411 24520 SH SOLE 24520 0 0
WEATHERFORD INTERNATIONAL COM 947074100 3123 72636 SH SOLE 72636 0 0
WEBLINK WIRELESS INC COM 94769A101 164 21277 SH SOLE 21277 0 0
WEBSTER FINL CORP WATERBURY COM 947890109 1860 69044 SH SOLE 69044 0 0
WEBTRENDS CORP COM 94844D104 244 6527 SH SOLE 6527 0 0
WEINGARTEN RLTY INVS FORMERLY COM 948741103 577 14157 SH SOLE 14157 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 38 of 39
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>
WEIRTON STEEL CORP COM 948774104 27 10683 SH SOLE 10683 0 0
WELLMAN INC COM 949702104 418 28936 SH SOLE 28936 0 0
WELLPOINT HEALTH NETWORKS COM 94973H108 1334 13895 SH SOLE 13895 0 0
WELLS FARGO COMPANY COM 949746101 14254 310300 SH SOLE 310300 0 0
WENDYS INTERNATIONAL INC COM 950590109 389 19379 SH SOLE 19379 0 0
WERNER ENTERPRISES INC COM 950755108 150 12792 SH SOLE 12792 0 0
WESCO INTERNATIONAL INC COM 95082P105 109 13610 SH SOLE 13610 0 0
WESLEY JESSEN VISION COM 951018100 385 10028 SH SOLE 10028 0 0
WESTAMERICA BANCORP COM 957090103 1353 40462 SH SOLE 40462 0 0
WESTELL TECHNOLOGIES INC. COM 957541105 181 14079 SH SOLE 14079 0 0
WESTERN DIGITAL CORPORATION COM 958102105 437 74433 SH SOLE 74433 0 0
WESTERN PROPERTIES TRUST COM 959261108 147 11971 SH SOLE 11971 0 0
WESTERN RES INC COM 959425109 1768 81748 SH SOLE 81748 0 0
WESTFIELD AMERICA INC COM 959910100 201 14647 SH SOLE 14647 0 0
WESTPOINT STEVENS INC COM 961238102 349 28473 SH SOLE 28473 0 0
WESTVACO CORPORATION COM 961548104 619 23210 SH SOLE 23210 0 0
WESTWOOD ONE INC COM 961815107 1093 51007 SH SOLE 51007 0 0
WEYERHAEUSER COMPANY COM 962166104 1829 45303 SH SOLE 45303 0 0
WHIRLPOOL CORPORATION COM 963320106 482 12386 SH SOLE 12386 0 0
WHITMAN CORP COM 96647R107 572 49504 SH SOLE 49504 0 0
WHITNEY HOLDING CORPORATION COM 966612103 266 7316 SH SOLE 7316 0 0
WHOLE FOODS MKT INC COM 966837106 885 16484 SH SOLE 16484 0 0
WILD OATS MARKETS INC COM 96808B107 134 11373 SH SOLE 11373 0 0
WILEY JOHN & SONS INC CLASS A COM 968223206 621 27053 SH SOLE 27053 0 0
WILLAMETTE INDUSTRIES COM 969133107 589 21037 SH SOLE 21037 0 0
WILLIAMS COMMUNICATIONS PFD CV 969455203 949 23437 SH SOLE 23437 0 0
WILLIAMS COMPANIES COM 969457100 3938 93199 SH SOLE 93199 0 0
WILLIAMS-SONOMA INC COM 969904101 906 26058 SH SOLE 26058 0 0
WILMINGTON TRUST CORP COM 971807102 844 15742 SH SOLE 15742 0 0
WIND RIVER SYSTEMS LTD COM 973149107 2133 44500 SH SOLE 44500 0 0
WINN-DIXIE STORES INC COM 974280109 213 14844 SH SOLE 14844 0 0
WISCONSIN CENTRAL TRANSPORTAT COM 976592105 500 47324 SH SOLE 47324 0 0
WISCONSIN ENERGY CORP FORMERL COM 976657106 1839 92229 SH SOLE 92229 0 0
WIT SOUNDVIEW GROUP INC COM 977383108 281 31254 SH SOLE 31254 0 0
WORLD ACCESS INC COM 98141A101 134 24858 SH SOLE 24858 0 0
WORLDCOM INC. COM 98157D106 3797 125000 SH CALL SOLE 125000 0 0
WORLDCOM INC. COM 98157D106 3038 100000 SH PUT SOLE 100000 0 0
WORLDCOM INC. COM 98157D106 24337 801233 SH SOLE 801233 0 0
WORTHINGTON INDUSTRIES INC COM 981811102 404 43050 SH SOLE 43050 0 0
WPS RES CORP COM 92931B106 454 13849 SH SOLE 13849 0 0
WRIGLEY WM JR COMPANY COM 982526105 1399 18684 SH SOLE 18684 0 0
WYNDHAM INTERNATIONAL INC COM 983101106 126 69714 SH SOLE 69714 0 0
WorldCom Inc COM 55268B106 2634 70000 SH CALL SOLE 70000 0 0
XCEL ENERGY INC COM 98389B100 1750 63646 SH SOLE 63646 0 0
XEROX CORPORATION COM 984121103 1807 119936 SH SOLE 119936 0 0
XILINX INC COM 983919101 11511 134436 SH SOLE 134436 0 0
XILINX INC COM 983919101 5138 60000 SH PUT SOLE 60000 0 0
XIRCOM INC COM 983922105 208 8236 SH SOLE 8236 0 0
XM SATELLITE RADIO HLDG COM 983759101 273 6344 SH SOLE 6344 0 0
XTRA CORPORATION COM 984138107 323 7268 SH SOLE 7268 0 0
XYBERNAUT CORP COM 984149104 91 15314 SH SOLE 15314 0 0
YAHOO INC. COM 984332106 15015 165000 SH CALL SOLE 165000 0 0
YAHOO INC. COM 984332106 15197 167000 SH PUT SOLE 167000 0 0
<PAGE>
<CAPTION>
Manager: BNP Paribas Arbitrage SNC (US Branch) Period End Date: September 29, 2000 Page 39 of 39
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>
YAHOO INC. COM 984332106 30926 339843 SH SOLE 339843 0 0
YORK INTERNATIONAL CORP COM 986670107 1011 40655 SH SOLE 40655 0 0
YOUNG & RUBICAM INC COM 987425105 679 13724 SH SOLE 13724 0 0
YOUNG BROADCASTING INC COM 987434107 240 7634 SH SOLE 7634 0 0
ZALE CORP COM (NEW) COM 988858106 400 12327 SH SOLE 12327 0 0
ZEBRA TECHNOLOGY INC CL A COM 989207105 573 11924 SH SOLE 11924 0 0
ZIFF-DAVIS INC COM 989511100 135 16592 SH SOLE 16592 0 0
ZIONS BANCORP FORMERLY ZIONS COM 989701107 3468 67819 SH SOLE 67819 0 0
ZIXIT CORP COM 98974P100 283 9281 SH SOLE 9281 0 0
ZOLL MED CORP COM 989922109 235 4818 SH SOLE 4818 0 0
ZOMAX OPTICAL MEDIA COM 989929104 204 29155 SH SOLE 29155 0 0
ZORAN CORP COM 98975F101 374 7671 SH SOLE 7671 0 0
ZYGO CORPORATION COM 989855101 536 6161 SH SOLE 6161 0 0
</TABLE>
