UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 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/Cooper Neff, Inc.
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
April 27, 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: 1658
Form 13F Information Table Value Total: 5387493
List of Other Included Managers:
No. 13F File Number Name
**NONE**
<PAGE>
<TABLE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 2000 Page 1 of 32
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
- ------------------------------ ------------------ --------- --------- ------------------ ------- -------- ---------------------
Value Shrs or SH/ PUT/ Other
Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None
- ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
3 COM CORP COM 885535104 3837 68987 SH SOLE 68987 0 0
7-ELEVEN INC COM 817826100 189 50454 SH SOLE 50454 0 0
A G EDWARDS INCORPORATED COM 281760108 3404 85088 SH SOLE 85088 0 0
A H BELO & CO SER A COM 080555105 1252 70028 SH SOLE 70028 0 0
A SCHULMAN INCORPORATED COM 808194104 260 19623 SH SOLE 19623 0 0
A T & T CORP COM 001957109 34895 619663 SH SOLE 619663 0 0
A T & T CORP COM 001957109 46458 825000 SH PUT SOLE 825000 0 0
AARON RENTS INC COM 002535201 162 10770 SH SOLE 10770 0 0
ABBOTT LABORATORIES COM 002824100 7977 226709 SH SOLE 226709 0 0
ABERCROMBIE & FITCH CO CL A COM 002896207 1211 75678 SH SOLE 75678 0 0
ABGENIX INC COM 00339B107 692 5007 SH SOLE 5007 0 0
AC NIELSON COM 004833109 931 41371 SH SOLE 41371 0 0
ACCLAIM ENTERTAINMENT INC COM 004325205 48 14492 SH SOLE 14492 0 0
ACTION PERFORMANCE COS INC COM 004933107 134 10058 SH SOLE 10058 0 0
ACTUATE CORP COM 00508B102 317 5885 SH SOLE 5885 0 0
ACTV INC COM 00088E104 247 7035 SH SOLE 7035 0 0
ACUSON CORPORATION COM 005113105 369 24928 SH SOLE 24928 0 0
ACXIOM CORP COM 005125109 2012 60500 SH SOLE 60500 0 0
ADAPTEC INC COM 00651F108 1066 27605 SH SOLE 27605 0 0
ADAPTIVE BROADBAND CORP COM 00650M104 341 6376 SH SOLE 6376 0 0
ADC TELECOMMUNICATIONS INC COM 000886101 3323 61687 SH SOLE 61687 0 0
ADELPHIA BUSINESS SOLUTIONS COM 006847107 200 3248 SH SOLE 3248 0 0
ADELPHIA COMMUNICATIONS PFD CV 006848402 686 4435 SH SOLE 4435 0 0
ADELPHIA COMMUNICATIONS COM 006848105 309 6308 SH SOLE 6308 0 0
ADOBE SYSTEMS INC COM 00724F101 2596 23323 SH SOLE 23323 0 0
ADTRAN INC COM 00738A106 2452 41258 SH SOLE 41258 0 0
ADVANCED DIGITAL INFO CORP COM 007525108 674 19667 SH SOLE 19667 0 0
ADVANCED ENERGY IND NOTES BOND CV 007973AA8 9018 7450000 PRN SOLE 0 0 0
ADVANCED ENERGY INDUSTRIES COM 007973100 400 7847 SH SOLE 7847 0 0
ADVANCED FIBRE COMMUNICATION COM 00754A105 1378 21977 SH SOLE 21977 0 0
ADVANCED MICRO DEVICES INC COM 007903107 290 5081 SH SOLE 5081 0 0
ADVANCED MICRO DEVICES INDUSTR BOND CV 007903AC1 4911 3015000 PRN SOLE 0 0 0
ADVANCED RADIO TELECOM CORP COM 00754U101 382 11520 SH SOLE 11520 0 0
ADVENT SOFTWARE INC COM 007974108 427 9298 SH SOLE 9298 0 0
AERIAL COMMUNICATION COM 007655103 425 7489 SH SOLE 7489 0 0
AES CORP COM 00130H105 2096 26621 SH SOLE 26621 0 0
AES TRUST I CORP TERM CONV SEC PFD CV 001033208 3025 27800 SH SOLE 27800 0 0
AES TRUST III CONV PFD 6.75% PFD CV 00808N202 10446 161200 SH SOLE 161200 0 0
AETHER SYSTEMS CONV SUB NOTES BOND CV 00808VAA3 458 500000 PRN SOLE 0 0 0
AETNA LIFE & CASUALTY CO COM 008117103 2631 47403 SH SOLE 47403 0 0
AFFILIATED COMPUTER SVCS COM 008190100 1721 45300 SH SOLE 45300 0 0
AFFILIATED COMPUTER SVCS BOND CV 008190AD2 6430 6150000 PRN SOLE 0 0 0
AFFILIATED MANAGERS CORP COM 008252108 310 6534 SH SOLE 6534 0 0
AFFYMETRIX 144A CONV NTS BOND CV 00826TAA6 8181 6000000 PRN SOLE 0 0 0
AFFYMETRIX INC COM 00826T108 1027 6917 SH SOLE 6917 0 0
AFFYMETRIX INC CONV 144A SUB N BOND CV 00826TAC2 339 500000 PRN SOLE 0 0 0
AFFYMETRIX INC SUM NTS CONV BOND CV 00826TAB4 2727 2000000 PRN SOLE 0 0 0
AFLAC INC COM 001055102 1065 23384 SH SOLE 23384 0 0
AGCO CORP COM 001084102 581 51080 SH SOLE 51080 0 0
AGL RESOURCES INC COM 001204106 695 37806 SH SOLE 37806 0 0
AIR PRODUCTS & CHEMICALS COM 009158106 1606 56474 SH SOLE 56474 0 0
AIRBORNE FGHT CORP COM 009266107 1045 43552 SH SOLE 43552 0 0
AIRGAS INC COM 009363102 396 47637 SH SOLE 47637 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 2000 Page 2 of 32
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>
AIRTRAN HOLDINGS INC COM 00949P108 68 15508 SH SOLE 15508 0 0
AK STEEL HOLDING CORP COM 001547108 557 53646 SH SOLE 53646 0 0
ALASKA AIR GROUP INCORPORATED COM 011659109 858 28534 SH SOLE 28534 0 0
ALBANY INTL CORP CL A COM 012348108 290 19602 SH SOLE 19602 0 0
ALBEMARLE CORP COM 012653101 502 24214 SH SOLE 24214 0 0
ALBERTSON INCORPORATED COM 013104104 2482 80401 SH SOLE 80401 0 0
ALCAN ALUMINUM LIMITED COM 013716105 327 9600 SH SOLE 9600 0 0
ALCOA INC COM 013817101 3704 52723 SH SOLE 52723 0 0
ALCOA INC COM 013817101 703 10000 SH CALL SOLE 10000 0 0
ALEXANDER & BALDWIN INC COM 014482103 744 36059 SH SOLE 36059 0 0
ALEXION PHARMACEUTICALS BOND CV 015351AA7 4379 5500000 PRN SOLE 0 0 0
ALKERMES INC COM 01642T108 702 7584 SH SOLE 7584 0 0
ALKMERES INC 144A PRVT PLCMT BOND CV 01642TAA6 6494 7750000 PRN SOLE 0 0 0
ALLAIRE CORP COM 016714107 293 3880 SH SOLE 3880 0 0
ALLEGHANY CORP NEW COM 017175100 616 3274 SH SOLE 3274 0 0
ALLEGHENY ENERGY INC COM 017361106 2006 72458 SH SOLE 72458 0 0
ALLEGHENY TECHNOLOGIES INC COM 01741R102 206 10269 SH SOLE 10269 0 0
ALLERGAN INC COM 018490102 1767 35348 SH SOLE 35348 0 0
ALLIANT ENERGY CORP COM 018802108 1712 56258 SH SOLE 56258 0 0
ALLIANT TECHSYSTEMS INC COM 018804104 259 4397 SH SOLE 4397 0 0
ALLMERICA FINANCIAL CORP. COM 019754100 2275 44600 SH SOLE 44600 0 0
ALLSTATE CORP COM 020002101 2704 113536 SH SOLE 113536 0 0
ALLTEL CORPORATION COM 020039103 3431 54247 SH SOLE 54247 0 0
ALPHA INDUSTRIES INC. COM 020753109 499 5251 SH SOLE 5251 0 0
ALPHARMA INC - CL A COM 020813101 236 6418 SH SOLE 6418 0 0
ALPHARMA INC 144A PRVT PLCT BOND CV 020813AC5 2956 2400000 PRN SOLE 0 0 0
ALPHARMA INC CONV 144A PVT PLC BOND CV 020813AA9 5801 4250000 PRN SOLE 0 0 0
ALPHARMA INC CONV SUB NOTES BOND CV 020813AB7 5460 4000000 PRN SOLE 0 0 0
ALPHARMA INC SR SUB NTS BOND CV 020813AD3 1232 1000000 PRN SOLE 0 0 0
ALTERA CORP COM 021441100 13922 155993 SH SOLE 155993 0 0
ALZA CORPORATION COM 022615108 493 13131 SH SOLE 13131 0 0
AMAZON COMM INC COM 023135106 5360 80000 SH CALL SOLE 80000 0 0
AMAZON COMM INC COM 023135106 4355 65000 SH PUT SOLE 65000 0 0
AMAZON COMM INC COM 023135106 3576 53378 SH SOLE 53378 0 0
AMAZON.COM INC CONV SUB NTS 14 BOND CV 023135AD8 2993 3000000 PRN SOLE 0 0 0
AMAZON.COM INC SUB DEBENTURES BOND CV 023135AF3 998 1000000 PRN SOLE 0 0 0
AMBAC INC COM 023139108 3712 73696 SH SOLE 73696 0 0
AMERADA HESS CORPORATION COM 023551104 862 13345 SH SOLE 13345 0 0
AMEREN CORP COM 023608102 321 10367 SH SOLE 10367 0 0
AMERICA ONLINE INC COM 02364J104 22592 335000 SH PUT SOLE 335000 0 0
AMERICA ONLINE INC COM 02364J104 22520 333944 SH SOLE 333944 0 0
AMERICA ONLINE INC COM 02364J104 64740 960000 SH CALL SOLE 960000 0 0
AMERICAN EAGLE OUTFITTERS COM 02553E106 1472 38800 SH SOLE 38800 0 0
AMERICAN ELECTRIC POWER CO COM 025537101 339 11355 SH SOLE 11355 0 0
AMERICAN EXPRESS CO COM 025816109 10671 71648 SH SOLE 71648 0 0
AMERICAN FINANCIAL GROUP COM 025932104 1175 41050 SH SOLE 41050 0 0
AMERICAN GENERAL CORPORATION COM 026351106 2870 51134 SH SOLE 51134 0 0
AMERICAN GREETINGS CORP COM 026375105 488 26721 SH SOLE 26721 0 0
AMERICAN HOME PRODUCTS CORP COM 026609107 10540 196102 SH SOLE 196102 0 0
AMERICAN INTL GROUP INC COM 026874107 26644 243325 SH SOLE 243325 0 0
AMERICAN MANAGEMENT SYSTEMS COM 027352103 399 9115 SH SOLE 9115 0 0
AMERICAN POWER CONVERSION COR COM 029066107 6442 150242 SH SOLE 150242 0 0
AMERICAN STANDARD COS INC COM 029712106 1957 52905 SH SOLE 52905 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 2000 Page 3 of 32
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>
AMERICAN TOWER CONV 144A BONDS BOND CV 029912AE2 561 500000 PRN SOLE 0 0 0
AMERICAN TOWER CONV BOND BOND CV 029912AB8 213 100000 PRN SOLE 0 0 0
AMERICAN WATER WORKS CO INC COM 030411102 1565 65891 SH SOLE 65891 0 0
AMERICREDIT CORP COM 03060R101 576 35322 SH SOLE 35322 0 0
AMERITRADE HLD INC SER 144A PR BOND CV 03072HAA7 1375 1650000 PRN SOLE 0 0 0
AMES DEPARTMENT STORE COM 030789507 477 19403 SH SOLE 19403 0 0
AMETEK AEROSPACE PRODUCTS COM 031100100 531 27596 SH SOLE 27596 0 0
AMF BOWLING INC COM 03113V109 84 39511 SH SOLE 39511 0 0
AMGEN INC COM 031162100 9206 150000 SH CALL SOLE 150000 0 0
AMGEN INC COM 031162100 307 5000 SH PUT SOLE 5000 0 0
AMGEN INC COM 031162100 11510 187529 SH SOLE 187529 0 0
AMKOR TECHNOLOGIES INC COM 031652100 1266 23851 SH SOLE 23851 0 0
AMLI RESIDENTIAL PROP COM 001735109 213 10381 SH SOLE 10381 0 0
AMPEX CORP COM 032092108 69 21953 SH SOLE 21953 0 0
AMPHENOL COPR C/A COM 032095101 862 8435 SH SOLE 8435 0 0
AMR CORP COM 001765106 922 28937 SH SOLE 28937 0 0
AMRESCO INC COM 031909104 26 19202 SH SOLE 19202 0 0
ANADARKO PETROLEUM CORP COM 032511107 694 17930 SH SOLE 17930 0 0
ANADIGICS INC. COM 032515108 499 7557 SH SOLE 7557 0 0
ANALOG DEVICES INCORPORATED COM 032654105 3543 44018 SH SOLE 44018 0 0
ANCHOR COMMUNICATIONS INC COM 03332K108 391 9505 SH SOLE 9505 0 0
ANDREW CORPORATION COM 034425108 690 30147 SH SOLE 30147 0 0
ANHEUSER BUSCH INCORPORATED COM 035229103 3540 56860 SH SOLE 56860 0 0
ANN TAYLOR STORES CORP. COM 036115103 545 23704 SH SOLE 23704 0 0
ANTEC CORP CONV SUB NOTES BOND CV 03664PAB1 10628 5500000 PRN SOLE 0 0 0
AON CORP COM 037389103 2411 74749 SH SOLE 74749 0 0
APACHE CORPORATION COM 037411105 1558 31308 SH SOLE 31308 0 0
APOLLO GROUP INC COM 037604105 1593 56509 SH SOLE 56509 0 0
APPLE COMPUTER INC COM 037833100 18335 135000 SH CALL SOLE 135000 0 0
APPLE COMPUTER INC COM 037833100 4844 35669 SH SOLE 35669 0 0
APPLE COMPUTER INC COM 037833100 16298 120000 SH PUT SOLE 120000 0 0
APPLEBEES COM 037899101 281 9989 SH SOLE 9989 0 0
APPLIED INDUSTRIAL TECHNOLGIE COM 03820C105 177 11091 SH SOLE 11091 0 0
APPLIED MATERIALS INC COM 038222105 9425 100000 SH PUT SOLE 100000 0 0
APPLIED MATERIALS INC COM 038222105 12118 128576 SH SOLE 128576 0 0
APPLIED MATERIALS INC COM 038222105 9425 100000 SH CALL SOLE 100000 0 0
APPLIED MICRO CIRCUITS CORP COM 03822W109 1103 7349 SH SOLE 7349 0 0
APPLIED POWER CL A COM 038225108 763 26755 SH SOLE 26755 0 0
APRIA HEALTHCARE GROUP COM 037933108 692 47897 SH SOLE 47897 0 0
ARCADIA FINL COM 039101100 152 30473 SH SOLE 30473 0 0
ARCHER-DANIELS-MIDLAND CO COM 039483102 717 69544 SH SOLE 69544 0 0
ARIBA INC COM 04033V104 210 1000 SH SOLE 1000 0 0
ARIBA INC COM 04033V104 2096 10000 SH CALL SOLE 10000 0 0
ARMSTRONG WORLD INDUSTRIES IN COM 042476101 234 13100 SH SOLE 13100 0 0
ARNOLD INDS COM 042595108 258 20164 SH SOLE 20164 0 0
ARROW ELECTRONICS INCORPORATE COM 042735100 2931 83158 SH SOLE 83158 0 0
ARTHUR J. GALLAGHER & COMPANY COM 363576109 294 9039 SH SOLE 9039 0 0
ARVIN INDUSTRIES INCORPORATED COM 043339100 236 10424 SH SOLE 10424 0 0
ASHLAND INC COM 044204105 605 18194 SH SOLE 18194 0 0
ASPECT COMMUNICATIONS INC COM 04523Q102 474 12796 SH SOLE 12796 0 0
ASPECT DEVELOPMENT INC COM 045234101 780 12116 SH SOLE 12116 0 0
ASPEN TECHNOLOGY INC COM 045327103 434 10758 SH SOLE 10758 0 0
ASSOCIATED ESTATES REALTY COR COM 045604105 95 11787 SH SOLE 11787 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 2000 Page 4 of 32
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>
ASSOCIATED-BANC CORP COM 045487105 1125 37646 SH SOLE 37646 0 0
ASSOCIATES FIRST CAPITAL CORP COM 046008108 3006 140654 SH SOLE 140654 0 0
ASTORIA FINANCIAL CORPORATION COM 046265104 1082 38122 SH SOLE 38122 0 0
ASYST TECHNOLOGIES INC COM 04648X107 365 6238 SH SOLE 6238 0 0
AT HOME CORP SER A COM 045919107 1121 34032 SH SOLE 34032 0 0
ATLANTIC RICHFIELD COMPANY COM 048825103 2549 29985 SH SOLE 29985 0 0
ATLAS AIR INC COM 049164106 345 12621 SH SOLE 12621 0 0
ATMEL CORP COM 049513104 8303 160833 SH SOLE 160833 0 0
ATMOS ENERGY COM 049560105 200 12188 SH SOLE 12188 0 0
AURORA BIOSCIENCES CORP COM 051920106 208 5100 SH SOLE 5100 0 0
AUTODESK INCORPORATED COM 052769106 353 7764 SH SOLE 7764 0 0
AUTOMATIC DATA PROCESSING INC COM 053015103 3908 80994 SH SOLE 80994 0 0
AUTONATION INC COM 05329W102 134 16900 SH SOLE 16900 0 0
AUTOZONE INC COM 053332102 824 29700 SH SOLE 29700 0 0
AVERY DENNISON CORP COM 053611109 1205 19731 SH SOLE 19731 0 0
AVISTA CORP COM 05379B107 647 15887 SH SOLE 15887 0 0
AVNET INCORPORATED COM 053807103 2466 39146 SH SOLE 39146 0 0
AVON PRODUCTS INCORPORATED COM 054303102 1606 54893 SH SOLE 54893 0 0
AZTAR CORP COM 054802103 212 22339 SH SOLE 22339 0 0
B F GOODRICH COMPANY COM 382388106 766 26688 SH SOLE 26688 0 0
BAKER HUGHES INC COM 057224107 1723 56959 SH SOLE 56959 0 0
BALDOR ELECTRIC COMPANY COM 057741100 209 11580 SH SOLE 11580 0 0
BALL CORPORATION COM 058498106 275 7953 SH SOLE 7953 0 0
BANCORP SOUTH INC COM 059692103 259 15787 SH SOLE 15787 0 0
BANCWEST CORP COM 059790105 327 16574 SH SOLE 16574 0 0
BANDAG INC COM 059815100 354 15413 SH SOLE 15413 0 0
BANK NEW YORK INC COM 064057102 4979 119799 SH SOLE 119799 0 0
BANK OF AMERICA CORP COM 060505104 15731 300000 SH PUT SOLE 300000 0 0
BANK OF AMERICA CORP COM 060505104 15686 299145 SH SOLE 299145 0 0
BANK ONE CORP COM 06423A103 6581 190755 SH SOLE 190755 0 0
BANK UNITED CORP - CL A COM 065412108 269 8512 SH SOLE 8512 0 0
BANKATLANTIC BANCORP COM 065908105 110 18529 SH SOLE 18529 0 0
BANTA CORPORATION COM 066821109 434 23635 SH SOLE 23635 0 0
BARNES & NOBLE, INC COM 067774109 1549 66073 SH SOLE 66073 0 0
BARNESANDNOBLE.COM INC COM 067846105 122 12891 SH SOLE 12891 0 0
BARRICKS GOLD CORP. COM 067901108 1036 66016 SH SOLE 66016 0 0
BATTLE MTN GOLD CO COM 071593107 128 66256 SH SOLE 66256 0 0
BAUSCH & LOMB INCORPORATED COM 071707103 589 11292 SH SOLE 11292 0 0
BAXTER INTERNATIONAL INC COM 071813109 3400 54244 SH SOLE 54244 0 0
BB&T COPRORATION COM 054937107 882 31431 SH SOLE 31431 0 0
BEAR STEARNS COS INC COM 073902108 1633 35794 SH SOLE 35794 0 0
BECKMAN COULTER INC COM 075811109 2508 39077 SH SOLE 39077 0 0
BECTON DICKINSON & COMPANY COM 075887109 1061 40326 SH SOLE 40326 0 0
BED BATH & BEYOND INC COM 075896100 1065 27039 SH SOLE 27039 0 0
BEDFORD PROPERTY INVESTORS COM 076446301 170 10555 SH SOLE 10555 0 0
BELL ATLANTIC COM 077853109 14713 240702 SH SOLE 240702 0 0
BELL ATLANTIC FINL SERV 144A P BOND CV 07785GAB6 256 250000 PRN SOLE 0 0 0
BELL ATLANTIC FINL SERV EXCH N BOND CV 07785GAC4 5137 3500000 PRN SOLE 0 0 0
BELLSOUTH CORP COM 079860102 6891 147000 SH PUT SOLE 147000 0 0
BELLSOUTH CORP COM 079860102 16202 345639 SH SOLE 345639 0 0
BEMIS COMPANY INCORPORATED COM 081437105 425 11518 SH SOLE 11518 0 0
BENCHMARK ELECTRONIC S INC CON BOND CV 08160HAA9 5873 5500000 PRN SOLE 0 0 0
BENCHMARK ELECTRS INC COM 08160H101 317 8561 SH SOLE 8561 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 2000 Page 5 of 32
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>
BERGEN BRUNSWIG CORP CLASS A COM 083739102 330 48907 SH SOLE 48907 0 0
BEST BUY COMPANY INC COM 086516101 2469 28704 SH SOLE 28704 0 0
BESTFOODS COM 08658U101 2464 52634 SH SOLE 52634 0 0
BETHLEHEM STEEL CORPORATION COM 087509105 268 44676 SH SOLE 44676 0 0
BEVERLY ENTERPRISES INC COM 087851309 324 87884 SH SOLE 87884 0 0
BEYOND.COM CONV BOND BOND CV 08860EAA9 571 1330000 PRN SOLE 0 0 0
BEYOND.COM CORP COM 08860E101 45 10492 SH SOLE 10492 0 0
BILLING CONCEPTS CORP COM 090063108 85 12030 SH SOLE 12030 0 0
BINDLEY WESTERN INDUSTRIES IN COM 090324104 226 16652 SH SOLE 16652 0 0
BINDVIEW DEVELOPMENT CORP COM 090327107 246 7918 SH SOLE 7918 0 0
BIO-TECHNOLOGY GENERAL CORP COM 090578105 280 18077 SH SOLE 18077 0 0
BIOGEN INC MASS COM 090597105 2905 41577 SH SOLE 41577 0 0
BIOMET INCORPORATED COM 090613100 885 24326 SH SOLE 24326 0 0
BIOVAIL CORP COM 09067J109 296 6700 SH SOLE 6700 0 0
BIOVAIL INC 6.75% CONV PRFD ST PFD CV 09067J208 725 15600 SH SOLE 15600 0 0
BJ SERVICES CO. COM 055482103 4751 64306 SH SOLE 64306 0 0
BJ'S WHOLESALE CLUB INC COM 05548J106 2804 73070 SH SOLE 73070 0 0
BLACK & DECKER MANUFACTURING COM 091797100 608 16182 SH SOLE 16182 0 0
BLACK HILLS CORPORATIONS COM 092113109 406 18385 SH SOLE 18385 0 0
BLOCK H & R INC COM 093671105 702 15698 SH SOLE 15698 0 0
BLOUNT INTERNATIONAL INC COM 095180105 162 12554 SH SOLE 12554 0 0
BLYTH INDUSTRIES INC COM 09643P108 847 31000 SH SOLE 31000 0 0
BMC SOFTWARE INC COM 055921100 4938 100000 SH PUT SOLE 100000 0 0
BMC SOFTWARE INC COM 055921100 4938 100000 SH CALL SOLE 100000 0 0
BMC SOFTWARE INC COM 055921100 2034 41191 SH SOLE 41191 0 0
BOB EVANS FARMS INCORPORATED COM 096761101 472 37765 SH SOLE 37765 0 0
BOCA RESORTS IN CLASS A COM 09688T106 134 15670 SH SOLE 15670 0 0
BOEING CO COM 097023105 9453 250000 SH PUT SOLE 250000 0 0
BOEING CO COM 097023105 8911 235666 SH SOLE 235666 0 0
BOMBAY INC COM 097924104 71 21397 SH SOLE 21397 0 0
BORDERS GROUP INC COM 099709107 1263 73511 SH SOLE 73511 0 0
BORG WARNER AUTOMOTIVE INC COM 099724106 1095 27807 SH SOLE 27807 0 0
BOSTON SCIENTIFIC CORP COM 101137107 1417 66468 SH SOLE 66468 0 0
BOWATER INCORPORATED COM 102183100 2644 49536 SH SOLE 49536 0 0
BOYD GAMING CORP COM 103304101 90 18209 SH SOLE 18209 0 0
BOYDS COLLECTION LTD COM 103354106 150 24801 SH SOLE 24801 0 0
BRANDYWINE REALTY TRUST COM 105368203 251 14633 SH SOLE 14633 0 0
BRIGGS & STRATTON CORPORATION COM 109043109 317 7703 SH SOLE 7703 0 0
BRIGHTPOINT INC COM 109473108 178 14563 SH SOLE 14563 0 0
BRINKER INTERNATIONAL INC COM 109641100 2157 72660 SH SOLE 72660 0 0
BRIO TECHNOLOGY INC COM 109704106 211 5591 SH SOLE 5591 0 0
BRISTOL MYERS SQUIBB CO. COM 110122108 16213 279533 SH SOLE 279533 0 0
BROADVISION INC COM 111412102 2650 59043 SH SOLE 59043 0 0
BROADWING INC COM 111620100 6473 174052 SH SOLE 174052 0 0
BROOKS AUTOMATION INC COM 11434A100 287 4599 SH SOLE 4599 0 0
BROWN FORMAN CORP COM 115637209 1177 21630 SH SOLE 21630 0 0
BRUNSWICK CORP COM 117043109 714 37705 SH SOLE 37705 0 0
BUCKEYE TECHNOLOGY CORP COM 118255108 218 12010 SH SOLE 12010 0 0
BUFFETS INCORPORATED COM 119882108 320 35408 SH SOLE 35408 0 0
BURLINGTON INDS INC COM 121693105 198 45166 SH SOLE 45166 0 0
BURLINGTON NORTHERN SANTE FE COM 12189T104 1540 67678 SH SOLE 67678 0 0
BURLINGTON RESOURCES COM 122014103 1822 49248 SH SOLE 49248 0 0
BURNHAM PAC PPTYS INC COM 12232C108 102 14424 SH SOLE 14424 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 2000 Page 6 of 32
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>
BURR BROWN CORP COM 122574106 541 9955 SH SOLE 9955 0 0
BURR-BROWN CORP SERIES 144A BOND CV 122574AD8 543 500000 PRN SOLE 0 0 0
C R BARD INCORPORATED COM 067383109 834 21562 SH SOLE 21562 0 0
C S X CORPORATION COM 126408103 743 31615 SH SOLE 31615 0 0
C&D TECHNOLOGY COM 124661109 265 4489 SH SOLE 4489 0 0
C-CUBE MICROSYSTEMS INC COM 125015107 1102 15134 SH SOLE 15134 0 0
C.H. ROBINSON WORLDWIDE INC COM 12541W100 1350 36244 SH SOLE 36244 0 0
CABLE DESIGN TECHNOLOGIES COR COM 126924109 352 10377 SH SOLE 10377 0 0
CABLETRON SYS INC COM 126920107 674 22936 SH SOLE 22936 0 0
CABLEVISION SYSTEMS CORP COM 12686C109 653 10750 SH SOLE 10750 0 0
CABOT CORPORATION COM 127055101 1333 43690 SH SOLE 43690 0 0
CABOT INDUSTRIAL TRUST COM 127072106 210 11281 SH SOLE 11281 0 0
CADENCE DESIGN SYS INC COM 127387108 3341 161974 SH SOLE 161974 0 0
CADIZ INC COM 127537108 88 10341 SH SOLE 10341 0 0
CALLAWAY GOLF CO COM 131193104 982 63350 SH SOLE 63350 0 0
CALPINE CORPORATION COM 131347106 4832 51400 SH SOLE 51400 0 0
CAMBRIDGE TECHNOLOGY PARTNERS COM 132524109 631 46506 SH SOLE 46506 0 0
CAMDEN PROPERTY TRUST COM 133131102 332 12271 SH SOLE 12271 0 0
CAMPBELL SOUP COMPANY COM 134429109 2387 77639 SH SOLE 77639 0 0
CANADIAN NATL RAILWA Y CO 5.25 PFD CV 136375409 220 5100 SH SOLE 5100 0 0
CANANDAIGUA BRANDS INC CL A COM 137219200 280 5489 SH SOLE 5489 0 0
CANDESCENT TECH CORP CONV DEBE BOND CV 137392AA4 1763 2000000 PRN SOLE 0 0 0
CAPITAL ONE FINANCIAL CORP. COM 14040H105 1157 24141 SH SOLE 24141 0 0
CAPITOL FEDERAL FINANCIAL COM 14057C106 325 34446 SH SOLE 34446 0 0
CAPROCK COMMUNICATIONS COM 140667106 422 8607 SH SOLE 8607 0 0
CAPSTEAD MORTGAGE CORP COM 14067E100 152 39116 SH SOLE 39116 0 0
CARDINAL HEALTH INC COM 14149Y108 1874 40853 SH SOLE 40853 0 0
CAREMARK RX INC COM 141705103 402 95972 SH SOLE 95972 0 0
CAREMATRIX CORP CONV SUB NOTES BOND CV 141706AC5 183 500000 PRN SOLE 0 0 0
CAREMATRIX CORP CONV SUB NOTES BOND CV 141706AA9 183 500000 PRN SOLE 0 0 0
CARLISLE CORPORATION COM 142339100 1119 27975 SH SOLE 27975 0 0
CARNIVAL CORP. COM 143658102 3890 156795 SH SOLE 156795 0 0
CAROLINA PWR & LT CO COM 144141108 235 7254 SH SOLE 7254 0 0
CARPENTER TECHNOLOGY CORP COM 144285103 380 18255 SH SOLE 18255 0 0
CARTER-WALLACE CORPORATION COM 146285101 636 33914 SH SOLE 33914 0 0
CASH AMERICAN INTERNATIONAL COM 14754D100 183 14699 SH SOLE 14699 0 0
CATALYTICA INC COM 148885106 239 16427 SH SOLE 16427 0 0
CATERPILLAR INC COM 149123101 1578 40018 SH SOLE 40018 0 0
CBRL GROUP COM 12489V106 391 39139 SH SOLE 39139 0 0
CBS CORP COM 12490K107 8777 155000 SH PUT SOLE 155000 0 0
CBS CORP COM 12490K107 10785 190467 SH SOLE 190467 0 0
CBS CORP COM 12490K107 2831 50000 SH CALL SOLE 50000 0 0
CCBF FINANCIAL CORP COM 124875105 704 15909 SH SOLE 15909 0 0
CDW COMPUTER CENTERS INC COM 125129106 2677 31700 SH SOLE 31700 0 0
CEC ENTERTAINMENT COM 125137109 221 8153 SH SOLE 8153 0 0
CELGENE CORP COM 151020104 863 8663 SH SOLE 8663 0 0
CELL PATHWAYS COM 15114R101 210 6100 SH SOLE 6100 0 0
CELLNET DATA SYSTEM INC COM 15115M101 21 13748 SH SOLE 13748 0 0
CENDANT CORPORATION COM 151313103 1832 99007 SH SOLE 99007 0 0
CENTER TRUST INC COM 151845104 70 10959 SH SOLE 10959 0 0
CENTEX CORPORATION COM 152312104 222 9315 SH SOLE 9315 0 0
CENTRAL & SOUTH WEST CORP COM 152357109 875 51090 SH SOLE 51090 0 0
CENTURY BUSINESS SERVICES COM 156490104 106 36612 SH SOLE 36612 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 2000 Page 7 of 32
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>
CENTURYTEL INC COM 156700106 1831 49311 SH SOLE 49311 0 0
CEPHALON INC COM 156708109 536 14288 SH SOLE 14288 0 0
CEPHALON INC 7.25% PFD CONV ST PFD CV 156708406 14238 131000 SH SOLE 131000 0 0
CHAMPION ENTERPRISES INC COM 158496109 93 16104 SH SOLE 16104 0 0
CHAMPION INTERNATIONAL CORP COM 158525105 1272 23882 SH SOLE 23882 0 0
CHARLES SCHWAB CORP NEW COM 808513105 568 10000 SH PUT SOLE 10000 0 0
CHARLES SCHWAB CORP NEW COM 808513105 3977 70000 SH CALL SOLE 70000 0 0
CHARLES SCHWAB CORP NEW COM 808513105 6669 117381 SH SOLE 117381 0 0
CHARMING SHOPPES INCORPORATED COM 161133103 144 25316 SH SOLE 25316 0 0
CHART INDUSTRIES INC COM 16115Q100 45 14113 SH SOLE 14113 0 0
CHARTER ONE FINANCIAL COM 160903100 3098 147545 SH SOLE 147545 0 0
CHASE MANHATTAN CORP NEW COM 16161A108 11406 130818 SH SOLE 130818 0 0
CHATEAU COMMUNITIES INC COM 161726104 272 10679 SH SOLE 10679 0 0
CHECKFREE HLDGS PRIV PLMNT SUB BOND CV 162816AA0 12252 10590000 PRN SOLE 0 0 0
CHECKFREE HOLDINGS INC COM 162816102 2721 38600 SH SOLE 38600 0 0
CHECKPOINT SYSTEMS INC COM 162825103 125 14965 SH SOLE 14965 0 0
CHESAPEAKE CORPORATION OF COM 165159104 545 18427 SH SOLE 18427 0 0
CHESAPEAKE ENERGY CORP COM 165167107 142 43646 SH SOLE 43646 0 0
CHEVRON CORPORATION COM 166751107 7931 85802 SH SOLE 85802 0 0
CHIQUITA BRANDS INT INC COM 170032106 88 18539 SH SOLE 18539 0 0
CHIRON CORPORATION COM 170040109 7796 156302 SH SOLE 156302 0 0
CHITTENDEN CORP COM 170228100 332 11181 SH SOLE 11181 0 0
CHOICE HOTELS INTERNATIONAL COM 169905106 247 17106 SH SOLE 17106 0 0
CHRIS CRAFT INDS INC COM 170520100 2344 36802 SH SOLE 36802 0 0
CHS ELECTRONICS INC COM 12542A206 11 16528 SH SOLE 16528 0 0
CHUBB CORP COM 171232101 2866 42419 SH SOLE 42419 0 0
CHURCH & DWIGHT INC COM 171340102 502 29214 SH SOLE 29214 0 0
CIENA CORP COM 171779101 1046 8296 SH SOLE 8296 0 0
CIENA CORP COM 171779101 9459 75000 SH PUT SOLE 75000 0 0
CIENA CORP COM 171779101 9459 75000 SH CALL SOLE 75000 0 0
CIGNA CORPORATION COM 125509109 774 10218 SH SOLE 10218 0 0
CINCINNATI FINANCIAL CORP COM 172062101 1140 30306 SH SOLE 30306 0 0
CINTAS CORPORATION COM 172908105 5115 130531 SH SOLE 130531 0 0
CIRCUIT CITY STORES- COM 172737108 1690 27762 SH SOLE 27762 0 0
CIRRUS LOGIC INC COM 172755100 1182 64774 SH SOLE 64774 0 0
CISCO SYS INC COM 17275R102 79632 1030000 SH PUT SOLE 1030000 0 0
CISCO SYS INC COM 17275R102 108116 1398432 SH SOLE 1398432 0 0
CISCO SYS INC COM 17275R102 18864 244000 SH CALL SOLE 244000 0 0
CITIGROUP INC COM 172967101 29610 494525 SH SOLE 494525 0 0
CITIGROUP INC COM 172967101 1198 20000 SH CALL SOLE 20000 0 0
CITRIX SYSTEMS INC. COM 177376100 2350 35470 SH SOLE 35470 0 0
CITY NATIONAL CORP. COM 178566105 1308 38834 SH SOLE 38834 0 0
CK WITCO CORPORATION COM 12562C108 1254 123091 SH SOLE 123091 0 0
CKE RESTAURANTS INC COM 12561E105 200 31447 SH SOLE 31447 0 0
CLAIRES STORES INC COM 179584107 849 42300 SH SOLE 42300 0 0
CLAYTON HOME COM 184190106 746 73662 SH SOLE 73662 0 0
CLEAR CHANNEL COMMUNICATIONS COM 184502102 2692 38977 SH SOLE 38977 0 0
CLECO CORP COM 12561W105 744 22384 SH SOLE 22384 0 0
CLOROX COM 189054109 733 22222 SH SOLE 22222 0 0
CMGI INC COM 125750109 2609 23027 SH SOLE 23027 0 0
CMGI INC COM 125750109 18810 166000 SH CALL SOLE 166000 0 0
CMP GROUP INC COM 125887109 649 22295 SH SOLE 22295 0 0
CMS ENERGY CORP COM 125896100 355 19576 SH SOLE 19576 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 2000 Page 8 of 32
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>
CNET INC SERIES 144A BOND CV 125945AA3 8925 6000000 PRN SOLE 0 0 0
CNET NETWORKS COM 12613R104 220 4342 SH SOLE 4342 0 0
CNF TRANSPORTATION COM 12612W104 1162 41887 SH SOLE 41887 0 0
COASTAL CORPORATION COM 190441105 1692 36792 SH SOLE 36792 0 0
COCA COLA CO COM 191216100 17845 380180 SH SOLE 380180 0 0
COCA COLA CO COM 191216100 2347 50000 SH CALL SOLE 50000 0 0
COCA COLA ENTERPRISES INC. COM 191219104 862 39961 SH SOLE 39961 0 0
COGNEX CORP COM 192422103 343 5938 SH SOLE 5938 0 0
COHERENT INCORPORATED COM 192479103 408 7844 SH SOLE 7844 0 0
COLGATE PALMOLIVE CO COM 194162103 3119 55331 SH SOLE 55331 0 0
COLLINS & AIKMAN CORP COM 194830105 188 33055 SH SOLE 33055 0 0
COLONIAL PROPERTIES TRUST COM 195872106 289 12177 SH SOLE 12177 0 0
COLUMBIA ENERGY GROUP COM 197648108 402 6792 SH SOLE 6792 0 0
COLUMBIA LABS INC COM 197779101 126 10696 SH SOLE 10696 0 0
COLUMBIA/HCA HEALTHCARE CORP COM 197677107 2491 98397 SH SOLE 98397 0 0
COM 21 INC COM 205937105 285 6055 SH SOLE 6055 0 0
COMCAST CORP COM 200300200 7067 162930 SH SOLE 162930 0 0
COMCAST CORP ZONES INTO PCS PFD CV 200300606 4294 34000 SH SOLE 34000 0 0
COMDISCO INC COM 200336105 5887 133422 SH SOLE 133422 0 0
COMERICA INC COM 200340107 1699 40574 SH SOLE 40574 0 0
COMFORT SYSTEMS USA INC COM 199908104 101 15877 SH SOLE 15877 0 0
COMMERCE BANCORP INC COM 200519106 515 13916 SH SOLE 13916 0 0
COMMERCE ONE INC COM 200693109 2985 20000 SH CALL SOLE 20000 0 0
COMMERCIAL METALS COM 201723103 224 8103 SH SOLE 8103 0 0
COMMERCIAL NET LEASE REALTY COM 202218103 134 12805 SH SOLE 12805 0 0
COMMSCOPE COM 203372107 504 11034 SH SOLE 11034 0 0
COMPAQ COMPUTER CORP COM 204493100 5797 214695 SH SOLE 214695 0 0
COMPASS BANCSHARES INC COM 20449H109 1479 74200 SH SOLE 74200 0 0
COMPLETE BUSINESS SOLUTIONS COM 20452F107 369 16512 SH SOLE 16512 0 0
COMPUCOM SYSTEMS INC COM 204780100 83 15776 SH SOLE 15776 0 0
COMPUTER ASSOCIATES INTL INC COM 204912109 4207 71081 SH SOLE 71081 0 0
COMPUTER SCIENCES CORPORATION COM 205363104 1569 19834 SH SOLE 19834 0 0
COMPUWARE CORP COM 205638109 1283 60917 SH SOLE 60917 0 0
COMSTAT CORPORATION COM 20564D107 695 33677 SH SOLE 33677 0 0
COMVERSE TECH (NEW) COM 205862402 3074 16262 SH SOLE 16262 0 0
COMVERSE TECHNOLOGY INC BOND CV 205862AG0 218 50000 PRN SOLE 0 0 0
CONAGRA INC COM 205887102 918 50673 SH SOLE 50673 0 0
CONCERTRIC NETWORK CORP COM 20589R107 886 16117 SH SOLE 16117 0 0
CONCORD EFS, INC. COM 206197105 3855 168084 SH SOLE 168084 0 0
CONCURRENT COMPUTER CORP-NEW COM 206710204 221 17442 SH SOLE 17442 0 0
CONECTIV INC COM 206829103 1416 80900 SH SOLE 80900 0 0
CONEXANT SYSTEMS INC COM 207142100 3436 48395 SH SOLE 48395 0 0
CONNING CORP COM 208215103 248 19928 SH SOLE 19928 0 0
CONOCO INC CLASS B COM 208251405 901 35178 SH SOLE 35178 0 0
CONSECO INCORPORATED COM 208464107 483 42268 SH SOLE 42268 0 0
CONSOLIDATED EDISON INC COM 209115104 307 10541 SH SOLE 10541 0 0
CONSOLIDATED PAPERS INC COM 209759109 1780 46317 SH SOLE 46317 0 0
CONSOLIDATED PRODUCTS INC COM 209798107 116 12343 SH SOLE 12343 0 0
CONSOLIDATED STORES CORP COM 210149100 272 23878 SH SOLE 23878 0 0
CONSTELLATION ENERGY GROUP COM 210371100 1003 31478 SH SOLE 31478 0 0
CONVERGYS COPR COM 212485106 4589 118629 SH SOLE 118629 0 0
COOPER INDS INC COM 216669101 1636 46729 SH SOLE 46729 0 0
COR THERAPEUTICS INC COM 217753102 389 5900 SH SOLE 5900 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 2000 Page 9 of 32
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>
COR THERAPEUTICS SER-144 A CON BOND CV 217753AC6 10689 9500000 PRN SOLE 0 0 0
CORDANT TECHNOLOGIES INC COM 218412104 1116 19722 SH SOLE 19722 0 0
CORECOMM LIMITED CONV 144A SUB BOND CV 21869NAA3 12968 7500000 PRN SOLE 0 0 0
CORN PRODUCTS INTERNATIONAL COM 219023108 228 9465 SH SOLE 9465 0 0
CORNERSTONE REALTY INCOME COM 21922V102 336 31257 SH SOLE 31257 0 0
CORNING INC COM 219350105 7723 39807 SH SOLE 39807 0 0
COST PLUS INC COM 221485105 304 8995 SH SOLE 8995 0 0
COSTCO WHOLESALE CORP COM 22160K105 4906 93336 SH SOLE 93336 0 0
COTELLIGENT INC COM 221630106 71 12146 SH SOLE 12146 0 0
COUNTRYWIDE CREDIT INDUSTRIES COM 222372104 606 22255 SH SOLE 22255 0 0
COVANCE INC COM 222816100 564 52466 SH SOLE 52466 0 0
CRANE COMPANY COM 224399105 412 17501 SH SOLE 17501 0 0
CRAWFORD & COMPANY COM 224633107 218 16902 SH SOLE 16902 0 0
CREDENCE SYSTEMS CORPORATION COM 225302108 1022 8167 SH SOLE 8167 0 0
CREDIT ACCEPTANCE CORP. COM 225310101 64 11735 SH SOLE 11735 0 0
CREE RESEARCH INC COM 225447101 913 8088 SH SOLE 8088 0 0
CRESTLINE CAPITAL CORP COM 226153104 185 10602 SH SOLE 10602 0 0
CRITICAL PATH, INC SERIES 144A BOND CV 22674VAA8 9198 9000000 PRN SOLE 0 0 0
CROSS TIMBERS OIL CO COM 227573102 371 28413 SH SOLE 28413 0 0
CROWN AMERICAN REALTY TR COM 228186102 63 11910 SH SOLE 11910 0 0
CROWN CORK & SEAL COMPANY INC COM 228255105 288 18014 SH SOLE 18014 0 0
CSG SYSTEM INTL INC COM 126349109 2138 43800 SH SOLE 43800 0 0
CSK AUTO CORP COM 125965103 162 11611 SH SOLE 11611 0 0
CTG RESOURCES COM 125957100 281 7560 SH SOLE 7560 0 0
CURAGEN CORP CONV 144A SUB DEB BOND CV 23126RAA9 9039 10250000 PRN SOLE 0 0 0
CV THERAPEUTICS CONV BOND BOND CV 126667AA2 8250 9250000 PRN SOLE 0 0 0
CVS CORPORATION COM 126650100 2607 69410 SH SOLE 69410 0 0
CYBERCASH INC. COM 232462101 206 15254 SH SOLE 15254 0 0
CYMER INC COM 232572107 619 12383 SH SOLE 12383 0 0
CYPRESS SEMICONDUCTOR CORP COM 232806109 5851 119406 SH SOLE 119406 0 0
CYTEC INDUSTRIES INC COM 232820100 1343 43847 SH SOLE 43847 0 0
CYTYC CORP. COM 232946103 669 13869 SH SOLE 13869 0 0
D.R. HORTON INC COM 23331A109 191 14635 SH SOLE 14635 0 0
DAL-TILE INTERNATIONAL INC COM 23426R108 150 18894 SH SOLE 18894 0 0
DALLAS SEMICONDUCTOR CORP COM 235204104 868 23771 SH SOLE 23771 0 0
DAN RAUSCHER CORP COM 233856103 397 6015 SH SOLE 6015 0 0
DANA CORPORATION COM 235811106 647 22950 SH SOLE 22950 0 0
DANAHER CORPORATION COM 235851102 1581 31006 SH SOLE 31006 0 0
DARDEN RESTAURANTS INC WI COM 237194105 526 29528 SH SOLE 29528 0 0
DATASTREAM SYSTEM INC COM 238124101 217 7484 SH SOLE 7484 0 0
DEAN FOODS COMPANY COM 242361103 1363 50964 SH SOLE 50964 0 0
DEERE & COMPANY COM 244199105 1921 50552 SH SOLE 50552 0 0
DEL MONTE FOODS CO COM 24522P103 277 25945 SH SOLE 25945 0 0
DELHAIZE AMERICA INC COM 246688105 6262 347914 SH SOLE 347914 0 0
DELL COMPUTER COM 247025109 22305 413525 SH SOLE 413525 0 0
DELL COMPUTER COM 247025109 35059 650000 SH CALL SOLE 650000 0 0
DELL COMPUTER COM 247025109 19687 365000 SH PUT SOLE 365000 0 0
DELPHI AUTOMOTIVE SYSTEMS COM 247126105 2672 167029 SH SOLE 167029 0 0
DELPHI FINANCIAL GROUP COM 247131105 218 7168 SH SOLE 7168 0 0
DELTA AIR LINES INC DEL COM 247361108 1225 22997 SH SOLE 22997 0 0
DELUXE CORP COM 248019101 207 7826 SH SOLE 7826 0 0
DENTSPLY INTL INC COM 249030107 1334 47003 SH SOLE 47003 0 0
DEVELOPERS DIVERSIFIED COM 251591103 202 14523 SH SOLE 14523 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 2000 Page 10 of 32
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>
DEVON ENERGY CORP COM 25179M103 2732 56265 SH SOLE 56265 0 0
DEVRY INC DEL COM 251893103 1202 39400 SH SOLE 39400 0 0
DEXTER CORPORATION COM 252165105 1028 19399 SH SOLE 19399 0 0
DIAL CORP COM 25247D101 1111 80788 SH SOLE 80788 0 0
DIAMOND TECH PARTNERS INC COM 252762109 444 6751 SH SOLE 6751 0 0
DIEBOLD INCORPORATED COM 253651103 1730 62918 SH SOLE 62918 0 0
DIGITAL ISLAND INC CONV BONDS BOND CV 25385NAA9 3874 5500000 PRN SOLE 0 0 0
DIGITAL MICROWAVE CORP COM 253859102 620 18292 SH SOLE 18292 0 0
DII GROUP COM 232949107 1090 9638 SH SOLE 9638 0 0
DILLARDS INC - CLASS A COM 254067101 453 27542 SH SOLE 27542 0 0
DIME BANCORP INC COM 25429Q102 993 53700 SH SOLE 53700 0 0
DIMON INC COM 254394109 57 24065 SH SOLE 24065 0 0
DISNEY WALT CO COM 254687106 4538 110000 SH CALL SOLE 110000 0 0
DISNEY WALT CO COM 254687106 13611 329971 SH SOLE 329971 0 0
DOCUMENTUM INC COM 256159104 316 4055 SH SOLE 4055 0 0
DOLE FOOD COMPANY, INC. COM 256605106 769 39551 SH SOLE 39551 0 0
DOLLAR GENERAL CORPORATION COM 256669102 654 24342 SH SOLE 24342 0 0
DOLLAR TREE STORES INC COM 256747106 2770 53141 SH SOLE 53141 0 0
DOMINION RESOURCES INC COM 25746U109 1801 46862 SH SOLE 46862 0 0
DONALDSON COMPANY COM 257651109 811 35933 SH SOLE 35933 0 0
DONNA KARAN INTERNATIONAL COM 257826107 83 10764 SH SOLE 10764 0 0
DOUBLECLICK INC COM 258609304 946 10100 SH SOLE 10100 0 0
DOUBLECLICK INC CONV 144A BOND CV 258609AA4 9424 4020000 PRN SOLE 0 0 0
DOUBLECLICK INC CONV SUB NTS BOND CV 258609AC0 6986 2980000 PRN SOLE 0 0 0
DOVER CORP COM 260003108 990 20688 SH SOLE 20688 0 0
DOVER DOWNS ENTERTAINMENT COM 260086103 245 19218 SH SOLE 19218 0 0
DOW CHEM CO COM 260543103 4201 36855 SH SOLE 36855 0 0
DOW JONES & CO INC COM 260561105 416 5791 SH SOLE 5791 0 0
DOWNEY FINANCIAL CORP COM 261018105 206 9710 SH SOLE 9710 0 0
DPL INCORPORATED (HOLDING CO) COM 233293109 2121 95597 SH SOLE 95597 0 0
DQE COM 23329J104 1966 43200 SH SOLE 43200 0 0
DREYERS GRAND ICE CREAM INC COM 261878102 445 17289 SH SOLE 17289 0 0
DSP GROUP INC COM 23332B106 555 8404 SH SOLE 8404 0 0
DST SYSTEMS INC COM 233326107 3435 52900 SH SOLE 52900 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 9172 173254 SH SOLE 173254 0 0
DUFF & PHELP COM 26432F109 450 4515 SH SOLE 4515 0 0
DUKE ENERGY CORP COM 264399106 3700 70476 SH SOLE 70476 0 0
DUN & BRADSTREET COM 26483B106 843 29457 SH SOLE 29457 0 0
DUPONT PHOTOMASK INC COM 26613X101 239 4117 SH SOLE 4117 0 0
DYCOM INDUSTRIES INC COM 267475101 583 11958 SH SOLE 11958 0 0
DYNEGY INC COM 26816Q101 7636 121712 SH SOLE 121712 0 0
E M C CORP MASS COM 268648102 18330 145479 SH SOLE 145479 0 0
E M C CORP MASS COM 268648102 9450 75000 SH CALL SOLE 75000 0 0
E TOWN COM 269242103 308 4872 SH SOLE 4872 0 0
E TRADE GROUP INC COM 269246104 6838 226987 SH SOLE 226987 0 0
E*TRADE GROUP INC 144A CONV SU BOND CV 269246AA2 16670 11750000 PRN SOLE 0 0 0
E-SPIRO COMMUNICATION COM 269153102 106 15134 SH SOLE 15134 0 0
EARTHWEB INC CONV 144A SUB NTS BOND CV 27032CAA6 2277 3000000 PRN SOLE 0 0 0
EASTERN ENTERPRISES COM 27637F100 2161 36099 SH SOLE 36099 0 0
EASTERN UTILS ASSOC COM 277173100 530 16893 SH SOLE 16893 0 0
EASTMAN CHEMICAL COMPANY COM 277432100 754 16569 SH SOLE 16569 0 0
EASTMAN KODAK COMPANY COM 277461109 4554 83846 SH SOLE 83846 0 0
EATON CORPORATION COM 278058102 430 5518 SH SOLE 5518 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 2000 Page 11 of 32
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>
EBAY INC COM 278642103 1885 10708 SH SOLE 10708 0 0
EBAY INC COM 278642103 13200 75000 SH CALL SOLE 75000 0 0
ECHELON CORP COM 27874N105 367 5600 SH SOLE 5600 0 0
ECHOSTAR COMM. INC. COM 278762109 1145 14488 SH SOLE 14488 0 0
ECHOSTAR COMMUNICATI ONS CONV BOND CV 278762AB5 18702 10150000 PRN SOLE 0 0 0
ECOLAB INC COM 278865100 449 12241 SH SOLE 12241 0 0
EDISON INTERNATIONAL COM 281020107 1228 74122 SH SOLE 74122 0 0
EDWARDS LIFESCIENCES CORP COM 28176E108 353 26000 SH SOLE 26000 0 0
EEX CORP COM 26842V207 72 21466 SH SOLE 21466 0 0
EFFICIENT NETWORKS CONV BOND BOND CV 282056AA8 9379 9140000 PRN SOLE 0 0 0
EL PASO ELECTRIC CO. COM 283677854 181 17488 SH SOLE 17488 0 0
EL PASO ENERGY CAP TRUST I 4.7 PFD CV 283678209 677 13000 SH SOLE 13000 0 0
EL PASO ENERGY CORP COM 283905107 1363 33757 SH SOLE 33757 0 0
ELECTRO SCIENTIFIC IND COM 285229100 333 5740 SH SOLE 5740 0 0
ELECTRONIC ARTS COM 285512109 3572 50174 SH SOLE 50174 0 0
ELECTRONIC DATA SYSTEMS CORP. COM 285661104 4538 70702 SH SOLE 70702 0 0
ELI LILLY & COMPANY COM 532457108 10543 168349 SH SOLE 168349 0 0
ELOT INC COM 290143106 129 22034 SH SOLE 22034 0 0
ELOYALITY CORP COM 290151109 309 12936 SH SOLE 12936 0 0
EMCOR GROUP INC CONV NOTES BOND CV 29084QAC4 2480 2570000 PRN SOLE 0 0 0
EMCORE CORP COM 290846104 333 2892 SH SOLE 2892 0 0
EMERSON ELECTRIC CO COM 291011104 2122 39936 SH SOLE 39936 0 0
EMMIS COMMUNICATION CORP SERIE PFD CV 291525202 2918 44300 SH SOLE 44300 0 0
EMMIS COMMUNICATIONS CORP COM 291525103 506 10874 SH SOLE 10874 0 0
EMULEX CORP (NEW) COM 292475209 1274 11672 SH SOLE 11672 0 0
ENCOMPASS SERVICES CORP COM 29255U104 174 30211 SH SOLE 30211 0 0
ENERGY EAST CORPORATION COM 29266M109 1940 97920 SH SOLE 97920 0 0
ENGLEHARD CORPORATION COM 292845104 391 25828 SH SOLE 25828 0 0
ENRON CORP COM 293561106 7510 100306 SH SOLE 100306 0 0
ENSCO INTERNATIONAL INC COM 26874Q100 3660 101321 SH SOLE 101321 0 0
ENTERCOM COMM 6.25% DUE 9/30/2 PFD CV 29363P104 6504 100000 SH SOLE 100000 0 0
ENTRUST TECHNOLOGIES INC COM 293848107 483 5682 SH SOLE 5682 0 0
ENZO BIOCHEM INCORPORATED COM 294100102 337 4853 SH SOLE 4853 0 0
ENZON INCORPORATED COM 293904108 340 9016 SH SOLE 9016 0 0
EQUIFAX INCORPORATED COM 294429105 348 13800 SH SOLE 13800 0 0
EQUITABLE RESOURCES INC COM 294549100 743 16582 SH SOLE 16582 0 0
EQUITY INNS INC COM 294703103 77 11257 SH SOLE 11257 0 0
ERICSSON L M TEL CO ADR CL B COM 294821400 1265 13486 SH SOLE 13486 0 0
ESSEX PROPERTY TRUST INC COM 297178105 213 5906 SH SOLE 5906 0 0
ETEC SYSTEMS COM 26922C103 660 5121 SH SOLE 5121 0 0
ETHAN ALLEN INTERIORS COM 297602104 407 16266 SH SOLE 16266 0 0
ETHYL CORPORATION COM 297659104 233 76165 SH SOLE 76165 0 0
EVEREST RE GROUP LTD COM G3223R108 1302 39900 SH SOLE 39900 0 0
EXAR CORP COM 300645108 450 6292 SH SOLE 6292 0 0
EXCHANGE APPLICATIONS INC COM 300867108 488 9222 SH SOLE 9222 0 0
EXCITE@HOME CONV 144 A SUB NTS BOND CV 045919AD9 7861 9500000 PRN SOLE 0 0 0
EXODUS COMMUNICATION INC SERIE BOND CV 302088AC3 610 50000 PRN SOLE 0 0 0
EXODUS COMMUNICATION S CONV SU BOND CV 302088AG4 12510 6000000 PRN SOLE 0 0 0
EXPRESS SCRIPTS INC CL A COM 302182100 1058 25200 SH SOLE 25200 0 0
EXTENDED STAY AMERICAN INC COM 30224P101 261 34844 SH SOLE 34844 0 0
EXXON MOBIL CORP COM 30231G102 50599 649220 SH SOLE 649220 0 0
EXXON MOBIL CORP COM 30231G102 15588 200000 SH PUT SOLE 200000 0 0
F M C CORPORATION COM 302491303 344 6091 SH SOLE 6091 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 2000 Page 12 of 32
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>
FAIRFIELD COMMUNICATIONS INC COM 304231301 229 28828 SH SOLE 28828 0 0
FAMILY DOLLAR STORES COM 307000109 2753 132276 SH SOLE 132276 0 0
FASTENALL COM 311900104 1771 36984 SH SOLE 36984 0 0
FEDDERS CORP COM 313135105 71 12710 SH SOLE 12710 0 0
FEDERAL HOME LOAN MTG CORP COM 313400301 5313 120241 SH SOLE 120241 0 0
FEDERAL MOGUL CORPORATION COM 313549107 1164 69736 SH SOLE 69736 0 0
FEDERAL NATIONAL MORTGAGE COM 313586109 7848 138755 SH SOLE 138755 0 0
FEDERAL REALTY INVESTMENT COM 313747206 333 17244 SH SOLE 17244 0 0
FEDERAL SIGNAL CORP COM 313855108 713 39451 SH SOLE 39451 0 0
FEDERATED DEPT. STORES INC. COM 31410H101 831 19661 SH SOLE 19661 0 0
FEDEX CORP COM 31428X106 1839 47372 SH SOLE 47372 0 0
FERRO CORPORATION COM 315405100 436 24490 SH SOLE 24490 0 0
FIFTH THIRD BANCORP COM 316773100 2914 46260 SH SOLE 46260 0 0
FIN FED CORP CONV 144A PRIV PL BOND CV 317492AA4 424 516000 PRN SOLE 0 0 0
FINET.COM INC COM 317922300 23 18167 SH SOLE 18167 0 0
FINOVA GROUP INC COM 317928109 811 48236 SH SOLE 48236 0 0
FIRST AMERICAN FINANCIAL CORP COM 318522307 259 18573 SH SOLE 18573 0 0
FIRST COMMONWEALTH FINL CORP COM 319829107 225 26094 SH SOLE 26094 0 0
FIRST DATA CORP COM 319963104 2016 45432 SH SOLE 45432 0 0
FIRST ENERGY CORP COM 337932107 1467 71114 SH SOLE 71114 0 0
FIRST HEALTH GROUP CORP COM 320960107 2064 65255 SH SOLE 65255 0 0
FIRST MERIT CORP COM 337915102 872 47300 SH SOLE 47300 0 0
FIRST SEC CORP COM 336294103 1452 120980 SH SOLE 120980 0 0
FIRST SENTINEL BANCORP INC COM 33640T103 84 10974 SH SOLE 10974 0 0
FIRST TENNESSEE NATIONAL CORP COM 337162101 1551 76378 SH SOLE 76378 0 0
FIRST UNION CORPORATION COM 337358105 5154 138371 SH SOLE 138371 0 0
FIRST VIRGINIA BANKS INC COM 337477103 1184 31528 SH SOLE 31528 0 0
FIRSTAR CORP COM 33763V109 3364 146677 SH SOLE 146677 0 0
FISERVE INC COM 337738108 3698 99444 SH SOLE 99444 0 0
FISHER SCIENTIFIC INTL COM 338032204 732 16439 SH SOLE 16439 0 0
FLEET BOSTON FINANCIAL CORP COM 339030108 4647 127309 SH SOLE 127309 0 0
FLEETWOOD CAP TRUST 6.00% PRFD PFD CV 339072407 768 25735 SH SOLE 25735 0 0
FLEMING COMPANIES INC COM 339130106 223 14803 SH SOLE 14803 0 0
FLORIDA EAST COAST INDUSTRIES COM 340632108 432 8916 SH SOLE 8916 0 0
FLORIDA PROGRESS CORPORATION COM 341109106 2007 43741 SH SOLE 43741 0 0
FLOWERS INDUSTRIES INC COM 343496105 750 49391 SH SOLE 49391 0 0
FLOWSERVE CORP. COM 34354P105 234 18156 SH SOLE 18156 0 0
FLUOR CORPORATION COM 343861100 462 14904 SH SOLE 14904 0 0
FORD MOTOR COMPANY COM 345370100 6661 145000 SH PUT SOLE 145000 0 0
FORD MOTOR COMPANY COM 345370100 10272 223609 SH SOLE 223609 0 0
FOREST LABORATORIES INC COM 345838106 6443 76249 SH SOLE 76249 0 0
FOREST OIL CORP. COM 346091606 110 10330 SH SOLE 10330 0 0
FORRESTER RESEARCH INC COM 346563109 311 5736 SH SOLE 5736 0 0
FORT JAMES CORP COM 347471104 402 18250 SH SOLE 18250 0 0
FOSTER WHEELER CORP COM 350244109 83 12277 SH SOLE 12277 0 0
FOUNDATION HEALTH SYSTEMS COM 350404109 314 39234 SH SOLE 39234 0 0
FPL GROUP INCORPORATED COM 302571104 2177 47268 SH SOLE 47268 0 0
FRANKLIN RESOURCES INC COM 354613101 1429 42722 SH SOLE 42722 0 0
FREEPORT MCMORAN COPPER & COM 35671D857 214 17745 SH SOLE 17745 0 0
FRONTIER INS GRP INC NEW COM 359081106 11 11196 SH SOLE 11196 0 0
FURNITURE BRANDS INTL INC COM 360921100 955 50743 SH SOLE 50743 0 0
GANNETT COMPANY INCORPORATED COM 364730101 2307 32775 SH SOLE 32775 0 0
GAP INCORPORATED COM 364760108 5923 118898 SH SOLE 118898 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 2000 Page 13 of 32
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>
GARTNER GROUP INC CLASS B COM 366651206 704 52902 SH SOLE 52902 0 0
GATEWAY INC COM 367626108 3092 58280 SH SOLE 58280 0 0
GATX CORPORATION COM 361448103 1325 34864 SH SOLE 34864 0 0
GAYLORD CONTAINER CORP CL A COM 368145108 179 28065 SH SOLE 28065 0 0
GEMSTAR INTL GROUP LTD ORD COM G3788V106 1289 14991 SH SOLE 14991 0 0
GENERAL DYNAMICS CORPORATION COM 369550108 1214 24401 SH SOLE 24401 0 0
GENERAL ELECTRIC COMPANY COM 369604103 15563 100000 SH PUT SOLE 100000 0 0
GENERAL ELECTRIC COMPANY COM 369604103 76264 490052 SH SOLE 490052 0 0
GENERAL ELECTRIC COMPANY COM 369604103 15563 100000 SH CALL SOLE 100000 0 0
GENERAL MILLS INCORPORATED COM 370334104 1540 42548 SH SOLE 42548 0 0
GENERAL MTRS CORP COM 370442105 8281 100000 SH PUT SOLE 100000 0 0
GENERAL MTRS CORP COM 370442105 18993 229351 SH SOLE 229351 0 0
GENERAL SEMICONDUCTOR INC BOND CV 370787AA1 10237 8125000 PRN SOLE 0 0 0
GENIUNE PARTS COMPANY COM 372460105 458 19187 SH SOLE 19187 0 0
GENTEK COM 37245X104 141 10086 SH SOLE 10086 0 0
GENZYME CORP COM 372917104 3529 70410 SH SOLE 70410 0 0
GEORGE A HORMEL & COMPANY COM 440452100 1603 97498 SH SOLE 97498 0 0
GEORGIA GULF CORP COM 373200203 1231 47342 SH SOLE 47342 0 0
GEORGIA PACIFIC (TIMBER) CORP COM 373298702 1802 70325 SH SOLE 70325 0 0
GEORGIA PACIFIC CORPORATION COM 373298108 1104 27905 SH SOLE 27905 0 0
GETTY IMAGES INC COM 374276103 432 12007 SH SOLE 12007 0 0
GETTY IMAGES INC 144A CONV BD BOND CV 374276AD5 2573 3250000 PRN SOLE 0 0 0
GILEAD SCIENCES INC COM 375558103 2727 43029 SH SOLE 43029 0 0
GILLETTE COMPANY COM 375766102 5434 144189 SH SOLE 144189 0 0
GLATFELTER COMPANY COM 377316104 257 24223 SH SOLE 24223 0 0
GLENAYRE TECHNOLOGIES, INC COM 377899109 426 24268 SH SOLE 24268 0 0
GLIMCHER REALTY TRUST COM 379302102 144 10635 SH SOLE 10635 0 0
GLOBAL CROSSING HLDG LTD 6.37 PFD CV 37932J202 8325 75000 SH SOLE 75000 0 0
GLOBAL CROSSING LTD COM G3921A100 8314 203095 SH SOLE 203095 0 0
GLOBAL CROSSING LTD COM G3921A100 2866 70000 SH CALL SOLE 70000 0 0
GLOBAL CROSSING LTD COM G3921A100 2866 70000 SH PUT SOLE 70000 0 0
GLOBAL CROSSING LTD SERIES 144 PFD CV 37932J301 1212 5000 SH SOLE 5000 0 0
GLOBAL INDUSTRIES LTD COM 379336100 175 11976 SH SOLE 11976 0 0
GLOBAL MARINE COM 379352404 3310 130451 SH SOLE 130451 0 0
GLOBAL TELESYSTEMS GROUP CONVE BOND CV 37936UAE4 2865 3250000 PRN SOLE 0 0 0
GLOBIX CORP COM 37957F101 256 6720 SH SOLE 6720 0 0
GO2NET INC COM 383486107 513 6364 SH SOLE 6364 0 0
GOLDEN WEST FINANCIAL CORP COM 381317106 1235 39605 SH SOLE 39605 0 0
GOODYEAR TIRE & RUBR CO COM 382550101 695 29803 SH SOLE 29803 0 0
GPU INC COM 36225X100 954 34844 SH SOLE 34844 0 0
GRANITE CONSTRUCTION INC COM 387328107 736 27241 SH SOLE 27241 0 0
GREAT ATLANTIC & PACIFIC COM 390064103 403 20684 SH SOLE 20684 0 0
GREENPOINT FINANCIAL CORP COM 395384100 1689 86049 SH SOLE 86049 0 0
GREY WOLF INC COM 397888108 345 87610 SH SOLE 87610 0 0
GRIFFON CORP COM 398433102 135 17330 SH SOLE 17330 0 0
GT INTERACTIVE SOTFWARE CORP COM 36236E109 36 11367 SH SOLE 11367 0 0
GTE CORPORATION COM 362320103 9358 131801 SH SOLE 131801 0 0
GTECH HLDGS CORP COM 400518106 433 23325 SH SOLE 23325 0 0
GUCCI GROUP INC. COM 401566104 2170 24400 SH SOLE 24400 0 0
GUESS ? INC COM 401617105 248 7748 SH SOLE 7748 0 0
GUIDANT CORP COM 401698105 1687 28657 SH SOLE 28657 0 0
GUILDFORD PHARMACUETICALS INC COM 401829106 273 11756 SH SOLE 11756 0 0
H.B.FULLER COMPANY COM 359694106 542 13559 SH SOLE 13559 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 2000 Page 14 of 32
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>
H.J.HEINZ COMPANY COM 423074103 3206 91917 SH SOLE 91917 0 0
HA-LO INDS INC COM 404429102 215 27351 SH SOLE 27351 0 0
HAEMONETICS CORP COM 405024100 208 9239 SH SOLE 9239 0 0
HAIN FOOD GROUP INC COM 405219106 239 8436 SH SOLE 8436 0 0
HALLIBURTON CO (HOLDING CO) COM 406216101 3139 76329 SH SOLE 76329 0 0
HANNA M A CO COM 410522106 428 37825 SH SOLE 37825 0 0
HANNAFORD BROTHERS INC COM 410550107 1358 18418 SH SOLE 18418 0 0
HANOVER COMPRESS CAP TR SERIES PFD CV 41076M203 4794 55100 SH SOLE 55100 0 0
HANOVER COMPRESSOR CO. COM 410768105 1461 25690 SH SOLE 25690 0 0
HANOVER DIRECT INC DE COM 410783104 132 55652 SH SOLE 55652 0 0
HARBINGER CORP COM 41145C103 309 10624 SH SOLE 10624 0 0
HARKEN ENERGY CORP COM 412552101 42 42075 SH SOLE 42075 0 0
HARLEY DAVIDSON INCORPORATED COM 412822108 2130 26839 SH SOLE 26839 0 0
HARMAN INTL COM 413086109 286 4759 SH SOLE 4759 0 0
HARMONIC LIGHTWAVES INC. COM 413160102 808 9707 SH SOLE 9707 0 0
HARRAHS ENT. INC. COM 413619107 619 33346 SH SOLE 33346 0 0
HARRIS CORPORATION COM 413875105 1580 45700 SH SOLE 45700 0 0
HARSCO CORPORATION COM 415864107 1351 46688 SH SOLE 46688 0 0
HARTE-HANKS INC COM 416196103 842 37100 SH SOLE 37100 0 0
HARTFORD FINANCIAL SVCS GRP COM 416515104 2417 45816 SH SOLE 45816 0 0
HASBRO INCORPORATED COM 418056107 848 50835 SH SOLE 50835 0 0
HAVERTY FURNITURE COMPANIES COM 419596101 106 10017 SH SOLE 10017 0 0
HAWAIIAN ELECTRIC INDUSTRIES COM 419870100 933 29316 SH SOLE 29316 0 0
HCC INSURANCE HOLDINGS INC COM 404132102 301 22706 SH SOLE 22706 0 0
HEALTH MGMT ASSOC INC COM 421933102 2719 190772 SH SOLE 190772 0 0
HEALTHCARE PROPERTIES COM 421915109 537 21101 SH SOLE 21101 0 0
HEILIG MEYERS COMPANY COM 422893107 208 52946 SH SOLE 52946 0 0
HELIX TECHNOLOGY CORP COM 423319102 561 9339 SH SOLE 9339 0 0
HELMERICH & PAYNE INCORPORATE COM 423452101 2301 74239 SH SOLE 74239 0 0
HEMISPHERX BIOPHARMA INC COM 42366C103 157 14280 SH SOLE 14280 0 0
HERCULES TRST II 6.50% UNIT DU COM 427098306 3808 6450 SH SOLE 6450 0 0
HERSHEY FOODS CORP COM 427866108 1434 29419 SH SOLE 29419 0 0
HEWLETT-PACKARD INCORPORATED COM 428236103 22148 166682 SH SOLE 166682 0 0
HI/FM INC COM 428358105 339 5216 SH SOLE 5216 0 0
HIBERNIA CORP CL A COM 428656102 971 92470 SH SOLE 92470 0 0
HILLENBRAND INDUSTRIES INC COM 431573104 1642 48301 SH SOLE 48301 0 0
HISPANIC BROADCASTING CORP COM 43357B104 4337 38300 SH SOLE 38300 0 0
HNC SOFTWARE INC COM 40425P107 843 11693 SH SOLE 11693 0 0
HOLLYWOOD ENTERTAINMENT CORP COM 436141105 220 27338 SH SOLE 27338 0 0
HOME DEPOT INCORPORATED COM 437076102 25139 389748 SH SOLE 389748 0 0
HOME PROPERTIES OF NEW YORK COM 437306103 285 10666 SH SOLE 10666 0 0
HON INDUSTRIES INCORPORATED COM 438092108 680 26400 SH SOLE 26400 0 0
HONEYWELL INTERNATIONAL INC COM 438516106 6449 122410 SH SOLE 122410 0 0
HOOPER HOLMES INC COM 439104100 748 21786 SH SOLE 21786 0 0
HORACE MANN EDUCATORS CORP COM 440327104 604 32755 SH SOLE 32755 0 0
HOSPITALITY PROPERTIES TRUST COM 44106M102 272 13411 SH SOLE 13411 0 0
HOUGHTON MIFFLIN COMPANY COM 441560109 1479 34857 SH SOLE 34857 0 0
HOUSEHOLD INTERNATIONAL INC COM 441815107 2613 70025 SH SOLE 70025 0 0
HSB GROUP INC COM 40428N109 903 31191 SH SOLE 31191 0 0
HUBBELL INC CLASS B COM 443510201 1898 69342 SH SOLE 69342 0 0
HUMAN GENOME SCIENCES BOND CV 444903AE8 9967 11100000 PRN SOLE 0 0 0
HUMAN GENOME SCIENCES BOND CV 444903AG3 605 1000000 PRN SOLE 0 0 0
HUMAN GENOME SCIENCES INC COM 444903108 1059 12745 SH SOLE 12745 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 2000 Page 15 of 32
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>
HUNTINGTON BANCSHARES COM 446150104 669 29905 SH SOLE 29905 0 0
HUTCHINSON TECH INC CONV SUB N BOND CV 448407AC0 5351 6500000 PRN SOLE 0 0 0
HYPERION SOLUTIONS INC COM 44914M104 221 6813 SH SOLE 6813 0 0
I B P INC COM 449223106 1126 71497 SH SOLE 71497 0 0
I M C GLOBAL INC COM 449669100 1184 80631 SH SOLE 80631 0 0
I2 TECHNOLOGIES CONV 144A SUB BOND CV 465754AD1 13200 7500000 PRN SOLE 0 0 0
I2 TECHNOLOGIES INC COM 465754109 1426 11675 SH SOLE 11675 0 0
IBASIS INC CONV SUB NOTES BOND CV 450732AA0 6025 9000000 PRN SOLE 0 0 0
ICG COMMUNICATIONS COM 449246107 287 7948 SH SOLE 7948 0 0
ICN PHARM. COM 448924100 1986 72881 SH SOLE 72881 0 0
IDACORP INC COM 451107106 878 25255 SH SOLE 25255 0 0
IDEC PHARMACUETICAL COM 449370105 1230 12514 SH SOLE 12514 0 0
IDENTIX INC COM 451906101 265 9518 SH SOLE 9518 0 0
IDEX CORP COM 45167R104 257 9441 SH SOLE 9441 0 0
IDEXX LABS CORP COM 45168D104 232 9955 SH SOLE 9955 0 0
IDT CORP COM 448947101 294 7083 SH SOLE 7083 0 0
IGATE CAPITAL CORP COM 45169U105 247 5472 SH SOLE 5472 0 0
IHOP CORP NEW COM 449623107 158 11286 SH SOLE 11286 0 0
IKON OFFICE SOLUTIONS COM 451713101 176 28444 SH SOLE 28444 0 0
ILLINOIS TOOLS WORKS INC COM 452308109 3669 66404 SH SOLE 66404 0 0
IMATION CORP. COM 45245A107 661 24776 SH SOLE 24776 0 0
IMCLONE SYSTEMS 144A CONV BOND BOND CV 45245WAA7 8244 9750000 PRN SOLE 0 0 0
IMCLONE SYSTEMS INC COM 45245W109 737 9585 SH SOLE 9585 0 0
IMMUNEX CORP (NEW) COM 452528102 2438 38432 SH SOLE 38432 0 0
IMPERIAL SUGAR CORP COM 453096109 37 20957 SH SOLE 20957 0 0
IMS HEALTH CO COM 449934108 406 23981 SH SOLE 23981 0 0
IN FOCUS SYSTEMS INC COM 452919103 221 6159 SH SOLE 6159 0 0
INACOM CORP COM 45323G109 70 25479 SH SOLE 25479 0 0
INCYTE PHARMA INC CONV SUB BON BOND CV 45337CAA0 7367 9000000 PRN SOLE 0 0 0
INCYTIE PHARMACEUTICALS COM 45337C102 426 4870 SH SOLE 4870 0 0
INDEPENDENCE COMMUNITY BANK COM 453414104 180 16216 SH SOLE 16216 0 0
INDIANA ENERGY COM 454707100 715 36645 SH SOLE 36645 0 0
INDYMAC MORTGAGE HOLDINGS COM 456607100 592 39621 SH SOLE 39621 0 0
INFORMATICA INC COM 45666Q102 237 3088 SH SOLE 3088 0 0
INFORMIX CORP COM 456779107 4325 255361 SH SOLE 255361 0 0
INGERSOLL-RAND COMPANY COM 456866102 1159 26194 SH SOLE 26194 0 0
INHALE THERAPEUTIC SYSTEMS COM 457191104 412 5529 SH SOLE 5529 0 0
INHALE THERAPEUTIC SYSTEMS INC BOND CV 457191AD6 12005 11000000 PRN SOLE 0 0 0
INKTOMI CORP COM 457277101 5850 30000 SH CALL SOLE 30000 0 0
INNKEEPERS USA TRUST COM 4576J0104 102 12573 SH SOLE 12573 0 0
INPUT/OUTPUT INC COM 457652105 91 14828 SH SOLE 14828 0 0
INSIGHT ENTERPRISES INC COM 45765U103 706 19370 SH SOLE 19370 0 0
INTEGRATED DEVICE TECHNOLOGY COM 458118106 3557 89775 SH SOLE 89775 0 0
INTEGRATED ELECTRICAL SVCS COM 45811E103 59 11269 SH SOLE 11269 0 0
INTEL CORP COM 458140100 21770 165000 SH CALL SOLE 165000 0 0
INTEL CORP COM 458140100 191969 1455000 SH PUT SOLE 1455000 0 0
INTEL CORP COM 458140100 88728 672499 SH SOLE 672499 0 0
INTERDIGITAL COMMUNICATIONS COM 45866A105 383 15325 SH SOLE 15325 0 0
INTERFACE INC CL A FORMERLY COM 458665106 51 11995 SH SOLE 11995 0 0
INTERGRAPH CORPORATION COM 458683109 89 10045 SH SOLE 10045 0 0
INTERIM SERVICES INC COM 45868P100 361 19471 SH SOLE 19471 0 0
INTERLIANT INC CONV SUB NOTES BOND CV 458742AA1 3401 5000000 PRN SOLE 0 0 0
INTERMEDIA COMMUNICATION FLA COM 458801107 642 13279 SH SOLE 13279 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 2000 Page 16 of 32
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>
INTERNATIONAL GAME TECHNOLOGY COM 459902102 929 42820 SH SOLE 42820 0 0
INTERNATIONAL MULTIFOODS CORP COM 460043102 174 13008 SH SOLE 13008 0 0
INTERNATIONAL PAPER COMPANY COM 460146103 3060 71574 SH SOLE 71574 0 0
INTERNATIONAL RECTIFIER CORP COM 460254105 498 13068 SH SOLE 13068 0 0
INTERNET CAPITAL GRO UP CONV S BOND CV 46059CAA4 8422 9450000 PRN SOLE 0 0 0
INTERNET CAPITAL GRP COM 46059C106 434 4800 SH SOLE 4800 0 0
INTERPUBLIC GROUP OF COMPANIE COM 460690100 1519 32154 SH SOLE 32154 0 0
INTERSTATE BAKERIES CORP DEL COM 46072H108 871 61128 SH SOLE 61128 0 0
INTERVU INC COM 46114R106 387 4300 SH SOLE 4300 0 0
INTL BUSINESS MACHINES INC COM 459200101 33993 288078 SH SOLE 288078 0 0
INTL BUSINESS MACHINES INC COM 459200101 28910 245000 SH CALL SOLE 245000 0 0
INTL BUSINESS MACHINES INC COM 459200101 15340 130000 SH PUT SOLE 130000 0 0
INTL FIBERCOM INC COM 45950T101 227 9557 SH SOLE 9557 0 0
INTL FLAVORS & FRAGRANCES INC COM 459506101 331 9430 SH SOLE 9430 0 0
INTL SPEEDWAY CORP CLASS A COM 460335201 1591 35400 SH SOLE 35400 0 0
INTUIT INC COM 461202103 8464 155666 SH SOLE 155666 0 0
INVACARE CORP COM 461203101 330 12015 SH SOLE 12015 0 0
INVESTMENT TECHNOLOGY GROUP COM 46145F105 451 12793 SH SOLE 12793 0 0
INVITROGEN CORP SERIES 144A BOND CV 46185RAA8 9122 10450000 PRN SOLE 0 0 0
IOMEGA CORP COM 462030107 346 90663 SH SOLE 90663 0 0
IPALCO ENTERPRISES COM 462613100 779 39950 SH SOLE 39950 0 0
IPC COMMUNICATIONS INC COM 44980K206 534 2591 SH SOLE 2591 0 0
IRT PROPERTY CO COM 450058102 88 10992 SH SOLE 10992 0 0
ISS GROUP INC COM 450306105 817 7017 SH SOLE 7017 0 0
IT GROUP INC COM 465266104 87 11554 SH SOLE 11554 0 0
ITC DELTA COM CONV SUB NTS 144 BOND CV 45031TAJ3 4294 2900000 PRN SOLE 0 0 0
ITC DELTACOM INC COM 45031T104 476 13366 SH SOLE 13366 0 0
ITC DELTACOM INC CONV SUB NOTE BOND CV 45031TAK0 814 550000 PRN SOLE 0 0 0
ITT INDUSTRIES INC COM 450911102 292 9407 SH SOLE 9407 0 0
IVAX CORP FORMERLY IVACO INDS COM 465823102 2787 102269 SH SOLE 102269 0 0
IVEX PACKAGING CORP COM 465855104 86 11406 SH SOLE 11406 0 0
J B HUNT TRANSPORT SERVICES COM 445658107 260 19020 SH SOLE 19020 0 0
J M SMUCKER COMPANY CL A COM 832696108 469 26054 SH SOLE 26054 0 0
J P MORGAN & COMPANY INC COM 616880100 3094 23482 SH SOLE 23482 0 0
JABIL CIRCUIT INC COM 466313103 5548 128278 SH SOLE 128278 0 0
JACOBS ENGINEERING GROUP INC COM 469814107 696 21845 SH SOLE 21845 0 0
JDS UNIPHASE CORP COM 46612J101 5126 42515 SH SOLE 42515 0 0
JEFFERSON PILOT CORP COM 475070108 2221 33370 SH SOLE 33370 0 0
JEFFRIES GROUP INC COM 472319102 266 11608 SH SOLE 11608 0 0
JOHN H HARLAND COMPANY COM 412693103 189 14020 SH SOLE 14020 0 0
JOHNSON & JOHNSON INCORPORATE COM 478160104 20165 287047 SH SOLE 287047 0 0
JOHNSON & JOHNSON INCORPORATE COM 478160104 3513 50000 SH PUT SOLE 50000 0 0
JOHNSON CONTROLS INCORPORATED COM 478366107 739 13671 SH SOLE 13671 0 0
JONES APPAREL GROUP INC COM 480074103 2751 86991 SH SOLE 86991 0 0
JONES PHARM INC COM 480236108 538 17698 SH SOLE 17698 0 0
JOSTENS INCORPORATED_ COM 481088102 1457 59788 SH SOLE 59788 0 0
JOURNAL REGISTER CO COM 481138105 229 15515 SH SOLE 15515 0 0
K MART CORPORATION COM 482584109 532 54897 SH SOLE 54897 0 0
KAISER ALUMINUM CORP COM 483007100 61 13590 SH SOLE 13590 0 0
KANSAS CITY PWR & LIGHT CO COM 485134100 1339 46163 SH SOLE 46163 0 0
KANSAS CITY SOUTHN INDS INC COM 485170104 1310 15249 SH SOLE 15249 0 0
KAUFMAN & BROAD HOME CORP COM 486168107 501 23370 SH SOLE 23370 0 0
KAYDON CORPORATION COM 486587108 608 22273 SH SOLE 22273 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 2000 Page 17 of 32
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>
KEANE INC COM 486665102 913 36145 SH SOLE 36145 0 0
KELLOGG CO COM 487836108 2056 79846 SH SOLE 79846 0 0
KELLY SERVICES CLASS A COM 488152208 644 26917 SH SOLE 26917 0 0
KEMET CORP COM 488360108 849 13423 SH SOLE 13423 0 0
KENNAMETAL INC COM 489170100 1120 37240 SH SOLE 37240 0 0
KERR MCGEE CORP COM 492386107 1097 19000 SH SOLE 19000 0 0
KEY ENERGY SERVICES INC COM 492914106 628 54306 SH SOLE 54306 0 0
KEYCORP (NEW) COM 493267108 337 17740 SH SOLE 17740 0 0
KEYSPAN CORP COM 49337W100 2988 108152 SH SOLE 108152 0 0
KEYSTONE FINANCIAL INC COM 493482103 481 26200 SH SOLE 26200 0 0
KILROY REALTY CORP COM 49427F108 280 13291 SH SOLE 13291 0 0
KIMBERLY-CLARK CORPORATION COM 494368103 4496 80188 SH SOLE 80188 0 0
KINDER MORGAN INC COM 49455P101 3283 95153 SH SOLE 95153 0 0
KING PHARMACEUTICALS COM 495582108 274 8694 SH SOLE 8694 0 0
KIRBY CORPORATION FORMERLY COM 497266106 243 12296 SH SOLE 12296 0 0
KLA INSTRUMENTS CORP COM 482480100 3292 39079 SH SOLE 39079 0 0
KNIGHT RIDDER INC COM 499040103 942 18374 SH SOLE 18374 0 0
KOHLS CORP COM 500255104 1681 16399 SH SOLE 16399 0 0
KOMAG INC COM 500453105 116 30571 SH SOLE 30571 0 0
KONOVER PROPERTY TRUST COM 50047R100 98 17672 SH SOLE 17672 0 0
KOPIN CORP COM 500600101 552 8022 SH SOLE 8022 0 0
KOREA ELECTRIC POWER CONVERTIB BOND CV 500631AF3 1138 1150000 PRN SOLE 0 0 0
KROGER COMPANY COM 501044101 2073 118028 SH SOLE 118028 0 0
KULICKE & SOFFA IND COM 501242101 543 8469 SH SOLE 8469 0 0
KULICKE AND SOFFA IND. INC BOND CV 501242AC5 8792 5750000 PRN SOLE 0 0 0
L-3 COMMUNICATIONS HLDGS COM 502424104 1153 22200 SH SOLE 22200 0 0
LABOR READY INC (NEW) COM 505401208 141 14323 SH SOLE 14323 0 0
LAM RESEARCH CORP COM 512807108 1465 32506 SH SOLE 32506 0 0
LAMAR ADVERTISING CO NOTES BOND CV 512815AF8 8845 7675000 PRN SOLE 0 0 0
LANCASTER COLONY CORP COM 513847103 693 22689 SH SOLE 22689 0 0
LANCE INCORPORATED COM 514606102 241 22651 SH SOLE 22651 0 0
LANDRY'S SEAFOOD RESTAURANTS COM 51508L103 111 17470 SH SOLE 17470 0 0
LANDS END INC COM 515086106 1609 26242 SH SOLE 26242 0 0
LATTICE SEMICONDUCTOR BOND CV 518415AA2 3524 2000000 PRN SOLE 0 0 0
LATTICE SEMICONDUCTOR BOND CV 518415AC8 6210 3525000 PRN SOLE 0 0 0
LATTICE SEMICONDUCTOR CORP COM 518415104 711 10499 SH SOLE 10499 0 0
LEAP WIRELESS COM 521863100 1082 10966 SH SOLE 10966 0 0
LEAR CORPORATION COM 521865105 1541 54794 SH SOLE 54794 0 0
LEE ENTERPRISES INCORPORATED COM 523768109 1003 38381 SH SOLE 38381 0 0
LEGATO SYSTEM INC COM 524651106 3025 67785 SH SOLE 67785 0 0
LEGG MASON COM 524901105 2599 60100 SH SOLE 60100 0 0
LEHMAN BROTHERS HLDGS INC COM 524908100 2494 25707 SH SOLE 25707 0 0
LEUCADIA NATIONAL CORPORATION COM 527288104 239 10069 SH SOLE 10069 0 0
LEVEL 3 COMMUNICATIONS BOND CV 52729NAG5 3502 2000000 PRN SOLE 0 0 0
LEVEL 3 COMMUNICATIONS INC COM 52729N100 5288 50000 SH PUT SOLE 50000 0 0
LEVEL 3 COMMUNICATIONS INC COM 52729N100 3371 31878 SH SOLE 31878 0 0
LEVEL ONE COMMUNICATIONS BOND CV 527295AC3 212 50000 PRN SOLE 0 0 0
LEXMARK INTL. GROUP CL A COM 529771107 2779 26282 SH SOLE 26282 0 0
LG&E ENERGY CORP COM 501917108 1645 71930 SH SOLE 71930 0 0
LIBERTY MEDIA INTO PCS CONV 14 BOND CV 530715AK7 2368 2000000 PRN SOLE 0 0 0
LIFEPOINT HOSPITALS COM 53219L109 176 10559 SH SOLE 10559 0 0
LILLY INDUSTRIES INC CL A COM 532491107 133 10745 SH SOLE 10745 0 0
LIMITED INCORPORATED COM 532716107 2244 53259 SH SOLE 53259 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 2000 Page 18 of 32
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>
LINCARE HOLDINGS INC COM 532791100 1149 40494 SH SOLE 40494 0 0
LINCOLN NATIONAL CORPORATION COM 534187109 844 25191 SH SOLE 25191 0 0
LINEAR TECHNOLOGY CORP COM 535678106 14251 259108 SH SOLE 259108 0 0
LIPOSOME INC COM 536310105 330 18895 SH SOLE 18895 0 0
LITTON INDUSTRIES INCORPORATE COM 538021106 2607 59001 SH SOLE 59001 0 0
LIZ CLAIBORNE INC COM 539320101 1006 21957 SH SOLE 21957 0 0
LOCKHEED MARTIN CORP COM 539830109 1216 59513 SH SOLE 59513 0 0
LODGIAN INC COM 54021P106 70 18556 SH SOLE 18556 0 0
LOEWS CORPORATION COM 540424108 645 12902 SH SOLE 12902 0 0
LONE STAR TECHNOLOGIES INC COM 542312103 242 5187 SH SOLE 5187 0 0
LONESTAR STEAKHOUSE SALOON COM 542307103 317 31119 SH SOLE 31119 0 0
LONGS DRUG STORES INC COM 543162101 271 11895 SH SOLE 11895 0 0
LONGVIEW FIBER COMPANY COM 543213102 732 49644 SH SOLE 49644 0 0
LORAL SPACE AND COMMUNICATIONS PFD CV 543885602 5753 177000 SH SOLE 177000 0 0
LOUISIANA-PACIFIC CORPORATION COM 546347105 157 11339 SH SOLE 11339 0 0
LOWES COS INCORPORATED COM 548661107 3306 56630 SH SOLE 56630 0 0
LSI LOGIC CORPORATION COM 502161102 3065 42209 SH SOLE 42209 0 0
LTV CORP COM 501921100 214 60168 SH SOLE 60168 0 0
LTX CORPORATION COM 502392103 397 8784 SH SOLE 8784 0 0
LUBRIZOL CORPORATION COM 549271104 1533 53202 SH SOLE 53202 0 0
LUCENT TECHNOLGY COM 549463107 6125 100000 SH PUT SOLE 100000 0 0
LUCENT TECHNOLGY COM 549463107 26461 432017 SH SOLE 432017 0 0
LUCENT TECHNOLGY COM 549463107 9188 150000 SH CALL SOLE 150000 0 0
LYCOS INC COM 550818108 699 9953 SH SOLE 9953 0 0
LYDALL INC COM 550819106 96 10936 SH SOLE 10936 0 0
LYONDELL PETROCHEMICAL CO COM 552078107 1324 89786 SH SOLE 89786 0 0
M B I A INC COM 55262C100 1222 23474 SH SOLE 23474 0 0
M D C HOLDINGS INC COM 552676108 191 10637 SH SOLE 10637 0 0
M G I PROPERTIES COM 552885105 54 10433 SH SOLE 10433 0 0
MACDERMID INC COM 554273102 276 10411 SH SOLE 10411 0 0
MACERICH CO COM 554382101 275 13338 SH SOLE 13338 0 0
MACROMEDIA INC COM 556100105 2917 32300 SH SOLE 32300 0 0
MACROVISION CORP COM 555904101 957 11114 SH SOLE 11114 0 0
MAGNETEK INC COM 559424106 152 16858 SH SOLE 16858 0 0
MAIL-WELL INC COM 560321200 196 22565 SH SOLE 22565 0 0
MAIL.COM INC 144A CONV BOND BOND CV 560311AA0 4041 4000000 PRN SOLE 0 0 0
MANDALAY RESORT GROUP COM 562567107 1084 64256 SH SOLE 64256 0 0
MANITOWOC INC COM 563571108 308 11198 SH SOLE 11198 0 0
MANPOWER INC COM 56418H100 2409 67848 SH SOLE 67848 0 0
MANUGISTICS GP INC COM 565011103 374 7332 SH SOLE 7332 0 0
MARINE DRILLING CO. INC COM 568240204 410 14948 SH SOLE 14948 0 0
MARK IV INDUSTRIES INC COM 570387100 920 41718 SH SOLE 41718 0 0
MARRIOTT INTL CLASS A COM 571903202 1032 32752 SH SOLE 32752 0 0
MARSH & MCLENNAN COMPANIES IN COM 571748102 4772 43257 SH SOLE 43257 0 0
MARSHALL & ISLEY CORPORATION COM 571834100 5391 93355 SH SOLE 93355 0 0
MARTIN MARIETTA MATERIALS INC COM 573284106 2225 46838 SH SOLE 46838 0 0
MASCO CORP DEL COM 574599106 1146 55926 SH SOLE 55926 0 0
MASTEC INC COM 576323109 388 4361 SH SOLE 4361 0 0
MATTEL INC COM 577081102 564 53700 SH SOLE 53700 0 0
MAXIM INTEGRATED PRODS INC COM 57772K101 15323 215621 SH SOLE 215621 0 0
MAXTOR CORP COM 577729205 275 21224 SH SOLE 21224 0 0
MAY & SPEH INC CONV SUB NOTES BOND CV 577777AA3 9319 5375000 PRN SOLE 0 0 0
MAY DEPARTMENT STORES CO COM 577778103 1256 44086 SH SOLE 44086 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 2000 Page 19 of 32
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>
MAYTAG COMPANY COM 578592107 521 15719 SH SOLE 15719 0 0
MBNA CORP COM 55262L100 2765 108420 SH SOLE 108420 0 0
MCCORMICK & COMPANY INC COM 579780206 1972 61155 SH SOLE 61155 0 0
MCDONALDS CORPORATION COM 580135101 8254 220853 SH SOLE 220853 0 0
MCGRAW HILL INC COM 580645109 1812 39826 SH SOLE 39826 0 0
MCI WORLDCOM INC COM 55268B106 4531 100000 SH PUT SOLE 100000 0 0
MCI WORLDCOM INC COM 55268B106 23641 521722 SH SOLE 521722 0 0
MCKESSON HBOC INC COM 58155Q103 833 39667 SH SOLE 39667 0 0
MCLEODUSA INC - CL A COM 582266102 631 7445 SH SOLE 7445 0 0
MCLEODUSA INC SER A CONV PREFD PFD CV 582266201 9241 12400 SH SOLE 12400 0 0
MCN ENERGY GROUP INC. COM 55267J100 715 28590 SH SOLE 28590 0 0
MDU RESOURCES GROUP COM 552690109 397 19149 SH SOLE 19149 0 0
MEAD CORPORATION COM 582834107 601 17190 SH SOLE 17190 0 0
MEDIA GENERAL INC CLASS A COM 584404107 745 14229 SH SOLE 14229 0 0
MEDIAONE GROUP INC COM 58440J104 6980 86170 SH SOLE 86170 0 0
MEDICIS PHARMACEUT CORP COM 584690309 248 6209 SH SOLE 6209 0 0
MEDIMMUNE INC COM 584699102 9315 53497 SH SOLE 53497 0 0
MEDQUIST INC COM 584949101 354 13028 SH SOLE 13028 0 0
MEDTRONIC INCORPORATED COM 585055106 9292 180641 SH SOLE 180641 0 0
MELLON FINANCIAL CORP COM 58551A108 1863 62608 SH SOLE 62608 0 0
MENS WAREHOUSE INC COM 587118100 240 8111 SH SOLE 8111 0 0
MENTOR GRAPHICS CORP COM 587200106 729 48216 SH SOLE 48216 0 0
MERCANTILE BANKSHARES CORP COM 587405101 1411 46156 SH SOLE 46156 0 0
MERCATOR SOFTWR COM 872879101 618 7443 SH SOLE 7443 0 0
MERCK & CO. INC COM 589331107 6213 100000 SH CALL SOLE 100000 0 0
MERCK & CO. INC COM 589331107 12425 200000 SH PUT SOLE 200000 0 0
MERCK & CO. INC COM 589331107 30480 490622 SH SOLE 490622 0 0
MERCURY INTERACTIVE CP COM 589405109 1757 22174 SH SOLE 22174 0 0
MERIDIAN RESOURCE CORP COM 58977Q109 53 13795 SH SOLE 13795 0 0
MERISEL INC COM 589849108 50 29838 SH SOLE 29838 0 0
MERISTAR HOSPITALITY CORP COM 58984Y103 260 14920 SH SOLE 14920 0 0
MERITOR AUTOMOTIVE INC COM 59000G100 622 39319 SH SOLE 39319 0 0
MERRILL LYNCH & CO INC COM 590188108 5118 48739 SH SOLE 48739 0 0
METALS USA INC COM 591324108 97 14572 SH SOLE 14572 0 0
METAMOR WORLDWIDE INC COM 59133P100 490 17319 SH SOLE 17319 0 0
METHODE ELECTRONICS INC CL A COM 591520200 498 9869 SH SOLE 9869 0 0
METRICOM INC COM 591596101 607 13080 SH SOLE 13080 0 0
METRIS COMPANIES INC COM 591598107 360 9261 SH SOLE 9261 0 0
METRO MEDIA FIBER COM 591689104 1471 15205 SH SOLE 15205 0 0
METROMEDIA INTL GROUP INC COM 591695101 191 33894 SH SOLE 33894 0 0
METTLER-TOLEDO INTERNATIONAL COM 592688105 423 10332 SH SOLE 10332 0 0
MGC COMMUNICATIONS INC COM 552763302 334 4668 SH SOLE 4668 0 0
MGIC INVESTMENT CORP WIS COM 552848103 624 14298 SH SOLE 14298 0 0
MGM GRAND INC COM 552953101 367 15300 SH SOLE 15300 0 0
MICHAELS STORES INC COM 594087108 541 13272 SH SOLE 13272 0 0
MICREL SEMICONDUCTOR COM 594793101 1017 10593 SH SOLE 10593 0 0
MICROCHIP TECHNOLOGY INC COM 595017104 3870 58858 SH SOLE 58858 0 0
MICROMUSE INC COM 595094103 1014 7305 SH SOLE 7305 0 0
MICRON ELECTRONICS COM 595100108 258 18449 SH SOLE 18449 0 0
MICRON TECHNOLOGY INC COM 595112103 5175 41068 SH SOLE 41068 0 0
MICROSOFT CORP COM 594918104 57056 537000 SH CALL SOLE 537000 0 0
MICROSOFT CORP COM 594918104 163891 1542500 SH PUT SOLE 1542500 0 0
MICROSOFT CORP COM 594918104 126638 1191887 SH SOLE 1191887 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 2000 Page 20 of 32
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>
MICROSTRATEGY INC COM 594972101 1915 21994 SH SOLE 21994 0 0
MID ATLANTIC MEDICAL SVCS INC COM 59523C107 219 23642 SH SOLE 23642 0 0
MIDWAY GAMES INC COM 598148104 254 19205 SH SOLE 19205 0 0
MILLENNIUM PHARMACTCUAL COM 599902103 5271 40585 SH SOLE 40585 0 0
MILLENNIUN PHARMACEU TICALS CO BOND CV 599902AA1 10120 10800000 PRN SOLE 0 0 0
MILLER HERMAN INC COM 600544100 1736 61987 SH SOLE 61987 0 0
MILLER INDUSTRIES INC (TENN) COM 600551105 74 19408 SH SOLE 19408 0 0
MILLIPORE CORPORATION COM 601073109 297 5258 SH SOLE 5258 0 0
MINERALS TECHNOLOGIES INC COM 603158106 666 14944 SH SOLE 14944 0 0
MINMED INC. COM 60365K108 2966 22900 SH SOLE 22900 0 0
MINNESOTA MINING & MFG CO COM 604059105 6160 69551 SH SOLE 69551 0 0
MINNESOTA MINING & MFG CO COM 604059105 443 5000 SH CALL SOLE 5000 0 0
MINNESOTA POWER & LIGHT CO COM 604110106 671 40365 SH SOLE 40365 0 0
MIRAGE RESORTS INC COM 60462E104 355 18309 SH SOLE 18309 0 0
MISSISSIPPI CHEMICAL CORP COM 605288208 83 12246 SH SOLE 12246 0 0
MMC NETWORKS INC COM 55308N102 236 7165 SH SOLE 7165 0 0
MODINE MANUFACTURING COMPANY COM 607828100 496 19737 SH SOLE 19737 0 0
MODIS PROFESSIONAL SERVICES COM 607830106 676 54591 SH SOLE 54591 0 0
MOHAWK INDUSTRIES INC COM 608190104 1101 49200 SH SOLE 49200 0 0
MOLECULAR DEVICES CORP COM 60851C107 295 3838 SH SOLE 3838 0 0
MOLEX INC COM 608554101 2390 40676 SH SOLE 40676 0 0
MONSANTO COMPANY COM 611662107 5116 99344 SH SOLE 99344 0 0
MONTANA POWER COMPANY COM 612085100 5401 84386 SH SOLE 84386 0 0
MONY GROUP INC COM 615337102 269 8329 SH SOLE 8329 0 0
MORGAN ST DEAN WITTER DISCOVE COM 617446448 12919 155880 SH SOLE 155880 0 0
MOTOROLA INCORPORATED COM 620076109 15116 103536 SH SOLE 103536 0 0
MOTOROLA INCORPORATED COM 620076109 14600 100000 SH PUT SOLE 100000 0 0
MOTOROLA INCORPORATED COM 620076109 14600 100000 SH CALL SOLE 100000 0 0
MRV COMMUNICATIONS INC COM 553477100 753 8218 SH SOLE 8218 0 0
MSC INDUSTRIAL DIRECT CO - A COM 553530106 247 13704 SH SOLE 13704 0 0
MUELLER INDUSTRIES INC COM 624756102 317 10444 SH SOLE 10444 0 0
MURPHY OIL CORPORATION COM 626717102 3097 53751 SH SOLE 53751 0 0
MUSICLAND STORES CORP COM 62758B109 135 21233 SH SOLE 21233 0 0
MYLAN LABS INCORPORATED COM 628530107 2553 92845 SH SOLE 92845 0 0
MYRIAD GENETICS COM 62855J104 229 3800 SH SOLE 3800 0 0
NABISCO GROUP HOLDINGS COM 62952P102 222 18400 SH SOLE 18400 0 0
NABORS INDS INC COM 629568106 3360 86562 SH SOLE 86562 0 0
NASDAQ 100 COM 631100104 15330 140000 SH PUT SOLE 140000 0 0
NASDAQ 100 COM 631100104 38478 351400 SH SOLE 351400 0 0
NASDAQ 100 COM 631100104 26280 240000 SH CALL SOLE 240000 0 0
NATIONAL - OILWELL INC COM 637071101 570 18467 SH SOLE 18467 0 0
NATIONAL AUSTRALIA BANK EXCH C PFD CV 632525309 5549 226300 SH SOLE 226300 0 0
NATIONAL CITY CORP COM 635405103 1053 51054 SH SOLE 51054 0 0
NATIONAL COMMERCE BANCORP COM 635449101 1408 76100 SH SOLE 76100 0 0
NATIONAL COMPUTER SYSTEMS INC COM 635519101 387 7623 SH SOLE 7623 0 0
NATIONAL EQUIPMENT SERVICES COM 635847106 99 15911 SH SOLE 15911 0 0
NATIONAL FUEL GAS COMPANY COM 636180101 1348 30257 SH SOLE 30257 0 0
NATIONAL PROCESSING INC COM 637229105 104 10910 SH SOLE 10910 0 0
NATIONAL SEMICONDUCTOR COM 637640103 1092 17981 SH SOLE 17981 0 0
NATIONAL SERVICES INDUSTRIES COM 637657107 508 24098 SH SOLE 24098 0 0
NATIONSRENT INC COM 638588103 110 20995 SH SOLE 20995 0 0
NATIONWIDE HEALTH PPTYS INC COM 638620104 384 36767 SH SOLE 36767 0 0
NAVIGANT CONSULTING CO COM 63935N107 487 44245 SH SOLE 44245 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 2000 Page 21 of 32
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>
NAVISTAR INTL CORP (NEW) COM 63934E108 642 16008 SH SOLE 16008 0 0
NBTY INC COM 628782104 248 18131 SH SOLE 18131 0 0
NCO GROUP INC COM 628858102 567 17740 SH SOLE 17740 0 0
NCS HEALTHCARE 5.75% CONV STK BOND CV 628874AC3 745 1868000 PRN SOLE 0 0 0
NDX COM 124961103 13797 6400 SH CALL SOLE 6400 0 0
NDX COM 124961103 26947 12500 SH PUT SOLE 12500 0 0
NEIMAN MARCUS GROUP INC CL A COM 640204202 973 35000 SH SOLE 35000 0 0
NET PERCEPTIONS INC COM 64107U101 300 8126 SH SOLE 8126 0 0
NETWORK APPLIANCE INC COM 64120L104 5205 62897 SH SOLE 62897 0 0
NETWORK EQUIPMENT TECHNOLOGIE COM 641208103 117 11657 SH SOLE 11657 0 0
NETWORK PERIPHERALS INC COM 64121R100 235 6606 SH SOLE 6606 0 0
NETWORK SOLUTIONS INC CL A COM 64121Q102 694 4513 SH SOLE 4513 0 0
NETWORKS ASSOCIATES INC COM 640938106 3438 106619 SH SOLE 106619 0 0
NEW CENTURY ENERGIES INC. COM 64352U103 1252 41633 SH SOLE 41633 0 0
NEW YORK TIMES CO CLASS A COM 650111107 1939 45159 SH SOLE 45159 0 0
NEWELL RUBBERMAID INC COM 651229106 1428 57544 SH SOLE 57544 0 0
NEWFIELD EXPL CO COM 651290108 579 16425 SH SOLE 16425 0 0
NEWMONT MINING CORP COM 651639106 1026 45729 SH SOLE 45729 0 0
NEWPARK RESOURCES INC COM 651718504 277 34651 SH SOLE 34651 0 0
NEWPORT NEWS SHIPBUILDING COM 652228107 858 28380 SH SOLE 28380 0 0
NEXTAR PHARM SUN DEB CONV BOND CV 65333BAC0 5926 4000000 PRN SOLE 0 0 0
NEXTEL COMMUNICATIONS INC CL COM 65332V103 1483 10000 SH PUT SOLE 10000 0 0
NEXTEL COMMUNICATIONS INC CL COM 65332V103 11726 79095 SH SOLE 79095 0 0
NEXTLINK COMMUNICATIONS - A COM 65333H707 646 5225 SH SOLE 5225 0 0
NIAGRA MOHAWK HOLDINGS INC COM 653520106 158 11700 SH SOLE 11700 0 0
NICOR INCORPORATED COM 654086107 570 17306 SH SOLE 17306 0 0
NIKE INCORPORATED CLASS B COM 654106103 4755 120000 SH CALL SOLE 120000 0 0
NIKE INCORPORATED CLASS B COM 654106103 1893 47768 SH SOLE 47768 0 0
NISOURCE INC COM 65473P105 1235 73175 SH SOLE 73175 0 0
NOBLE AFFLIATES INCORPORATED COM 654894104 1649 50262 SH SOLE 50262 0 0
NOBLE DRILLING CORP COM 655042109 4223 102069 SH SOLE 102069 0 0
NORDSON CORPORATION COM 655663102 559 12129 SH SOLE 12129 0 0
NORDSTROM INCORPORATED COM 655664100 784 26568 SH SOLE 26568 0 0
NORFOLK SOUTHERN CORPORATION COM 655844108 460 32261 SH SOLE 32261 0 0
NORTEL NETWORKS CORP COM 656569100 28806 228391 SH SOLE 228391 0 0
NORTH FORK BANCORPORATION COM 659424105 2339 130865 SH SOLE 130865 0 0
NORTHEAST UTILITIES COMPANY COM 664397106 1462 68014 SH SOLE 68014 0 0
NORTHERN TRUST COMPANY COM 665859104 2250 33302 SH SOLE 33302 0 0
NORTHROP GRUMMAN CORP COM 666807102 519 9811 SH SOLE 9811 0 0
NOVA CORP COM 669784100 1785 61299 SH SOLE 61299 0 0
NOVELL INC COM 670006105 2026 70787 SH SOLE 70787 0 0
NOVELLUS SYSTEMS INC COM 670008101 4653 82900 SH SOLE 82900 0 0
NSTAR COM 67019E107 1793 42700 SH SOLE 42700 0 0
NTL INC COM 629407107 987 10633 SH SOLE 10633 0 0
NTL INCORPORATED 144A CONV SUB BOND CV 629407AN7 7725 7500000 PRN SOLE 0 0 0
NUCOR CORP COM 670346105 1254 25075 SH SOLE 25075 0 0
NVIDIA CORP COM 67066G104 2224 26325 SH SOLE 26325 0 0
O M GROUP INC COM 670872100 432 9497 SH SOLE 9497 0 0
O'REILLY AUTOMOTIVE INC COM 686091109 185 13023 SH SOLE 13023 0 0
OAKLY INC COM 673662102 281 26417 SH SOLE 26417 0 0
OAKWOOD HOMES CORP COM 674098108 88 23172 SH SOLE 23172 0 0
OCCIDENTAL PETROLEUM CORP DEL COM 674599105 1454 70058 SH SOLE 70058 0 0
OCEAN ENERGY INC COM 67481E106 1808 125782 SH SOLE 125782 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 2000 Page 22 of 32
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>
OFFICE DEPOT INC COM 676220106 958 82860 SH SOLE 82860 0 0
OFFICEMAX INC COM 67622M108 588 90506 SH SOLE 90506 0 0
OGDEN CORPORATION COM 676346109 565 47320 SH SOLE 47320 0 0
OGE ENERGY CORP COM 670837103 734 38270 SH SOLE 38270 0 0
OHIO CASUALTY CORP COM 677240103 1050 58751 SH SOLE 58751 0 0
OLD KENT FINANCIAL CORP COM 679833103 358 11179 SH SOLE 11179 0 0
OLD REPUBLIC INTL CORP COM 680223104 952 69203 SH SOLE 69203 0 0
OLIN CORPORATION COM 680665205 855 48169 SH SOLE 48169 0 0
OMEGA HEALTHCARE INVS INC COM 681936100 65 10367 SH SOLE 10367 0 0
OMNICARE INCORPORATED COM 681904108 864 71628 SH SOLE 71628 0 0
OMNICOM GROUP COM 681919106 3616 38619 SH SOLE 38619 0 0
OMNOVA SOLUTIONS INC COM 682129101 132 23495 SH SOLE 23495 0 0
OPEN MKT INC COM 68370M100 264 10256 SH SOLE 10256 0 0
ORACLE SYSTEMS CORP COM 68389X105 20296 260000 SH PUT SOLE 260000 0 0
ORACLE SYSTEMS CORP COM 68389X105 41021 525487 SH SOLE 525487 0 0
ORACLE SYSTEMS CORP COM 68389X105 7806 100000 SH CALL SOLE 100000 0 0
ORCKIT COMMNCTNS 144A PRVT PLC BOND CV 685725AA1 942 1000000 PRN SOLE 0 0 0
OREGON STEEL MILLS INC COM 686079104 64 16546 SH SOLE 16546 0 0
OUTBACK STEAKHOUSE INC COM 689899102 2174 67809 SH SOLE 67809 0 0
OVERSEAS SHIPHOLDING GROUP IN COM 690368105 517 22541 SH SOLE 22541 0 0
OWENS & MINOR TRUST I PFD CV 690905302 616 17921 SH SOLE 17921 0 0
OXFORD HEALTH PLANS INC COM 691471106 1019 66814 SH SOLE 66814 0 0
P P G INDUSTRIES INC COM 693506107 1254 23963 SH SOLE 23963 0 0
PACCAR COM 693718108 922 18446 SH SOLE 18446 0 0
PACIFIC CENTURY FINANCIAL COR COM 694058108 1317 64822 SH SOLE 64822 0 0
PACIFIC SUNWEAR OF CALIF INC COM 694873100 424 11025 SH SOLE 11025 0 0
PACIFICARE HEALTH SYSTEMS COM 695112102 1692 33934 SH SOLE 33934 0 0
PACTIV CORP COM 695257105 188 21609 SH SOLE 21609 0 0
PAGING NETWORK INC COM 695542100 90 34715 SH SOLE 34715 0 0
PAINE WEBBER GROUP INC COM 695629105 383 8697 SH SOLE 8697 0 0
PAIRGAIN TECHNOLOGIES INC COM 695934109 581 31064 SH SOLE 31064 0 0
PALL CORPORATION COM 696429307 474 21133 SH SOLE 21133 0 0
PANAMSAT CORP COM 697933109 650 13243 SH SOLE 13243 0 0
PAPA JOHN'S INTL INC COM 698813102 1772 53693 SH SOLE 53693 0 0
PARAMETRIC TECHNOLOGY CORP COM 699173100 1161 55109 SH SOLE 55109 0 0
PARK NATIONAL CORP COM 700658107 351 3992 SH SOLE 3992 0 0
PARK PLACE ENTERTAINMENT COM 700690100 2174 188000 SH SOLE 188000 0 0
PARKER DRILLING COMPANY COM 701081101 162 32375 SH SOLE 32375 0 0
PARKER HANNIFIN CORP COM 701094104 298 7202 SH SOLE 7202 0 0
PATTERSON DENTAL CO COM 703412106 218 5708 SH SOLE 5708 0 0
PATTERSON ENERGY INC COM 703414102 247 7789 SH SOLE 7789 0 0
PAXSON COMMUNCATION COM 704231109 91 11681 SH SOLE 11681 0 0
PAYCHEX INC COM 704326107 2621 50047 SH SOLE 50047 0 0
PAYLESS SHOESOURCE INC. COM 704379106 770 14823 SH SOLE 14823 0 0
PE CORP -CELERA GENOMICS GROU COM 69332S201 1400 15197 SH SOLE 15197 0 0
PE CORP PE BIOSYSTEMS GROUP COM 69332S102 3250 33679 SH SOLE 33679 0 0
PECO ENERGY INC COM 693304107 840 22770 SH SOLE 22770 0 0
PEGASUS COMMUNICATIO NS CORP 6 PFD CV 705904407 5589 45000 SH SOLE 45000 0 0
PEGASUS COMMUNICATIONS CORP COM 705904100 255 1815 SH SOLE 1815 0 0
PENNEY (J.C.) CO COM 708160106 330 22160 SH SOLE 22160 0 0
PENNZOIL-QUAKER STATE COM 709323109 523 50088 SH SOLE 50088 0 0
PENTAIR INC COM 709631105 1012 27294 SH SOLE 27294 0 0
PENTON MEDIA INC COM 709668107 206 7909 SH SOLE 7909 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 2000 Page 23 of 32
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>
PEOPLES ENERGY CORPORATION COM 711030106 264 9614 SH SOLE 9614 0 0
PEOPLESOFT INC COM 712713106 1190 59512 SH SOLE 59512 0 0
PEP BOYS MANNY MOE & JACK COM 713278109 96 16238 SH SOLE 16238 0 0
PEPSICO INCORPORATED COM 713448108 1744 50000 SH CALL SOLE 50000 0 0
PEPSICO INCORPORATED COM 713448108 6267 179691 SH SOLE 179691 0 0
PEPSICO INCORPORATED COM 713448108 5231 150000 SH PUT SOLE 150000 0 0
PER SE TECHNOLOGIES INC COM 713569309 90 15358 SH SOLE 15358 0 0
PEREGRINE SYSTEMS INC COM 71366Q101 967 14421 SH SOLE 14421 0 0
PERKINELMER INC COM 714046109 1643 24702 SH SOLE 24702 0 0
PERRIGO CO COM 714290103 479 63060 SH SOLE 63060 0 0
PERSONNEL GROUP OF AMERICA IN COM 715338109 124 20222 SH SOLE 20222 0 0
PETSMART INC. COM 716768106 174 58040 SH SOLE 58040 0 0
PFIZER INCORPORATED COM 717081103 22822 624180 SH SOLE 624180 0 0
PG+E CORP COM 69331C108 642 30558 SH SOLE 30558 0 0
PHARMACIA & UPJOHN INC COM 716941109 5453 91646 SH SOLE 91646 0 0
PHELPS DODGE CORPORATION COM 717265102 605 12766 SH SOLE 12766 0 0
PHILADELPHIA SUBURBAN CORP COM 718009608 239 13171 SH SOLE 13171 0 0
PHILIP MORRIS COS INC COM 718154107 8327 394191 SH SOLE 394191 0 0
PHILIP MORRIS COS INC COM 718154107 3380 160000 SH PUT SOLE 160000 0 0
PHILLIPS PETROLEUM COMPANY COM 718507106 2921 63159 SH SOLE 63159 0 0
PHOENIX INVESTMENT PARTNERS COM 719085102 133 17173 SH SOLE 17173 0 0
PHOENIX TECHNOLOGY LTD COM 719153108 203 9623 SH SOLE 9623 0 0
PHYCOR INC COM 71940F100 33 32109 SH SOLE 32109 0 0
PICTURETEL CORP NEW COM 720035302 110 12528 SH SOLE 12528 0 0
PIEDMONT NATURAL GAS CO COM 720186105 303 11642 SH SOLE 11642 0 0
PIER 1 IMPORTS INC COM 720279108 485 47322 SH SOLE 47322 0 0
PINNACLE ENTERTAINMENT INC COM 723456109 314 15448 SH SOLE 15448 0 0
PINNACLE HOLDINGS INC COM 72346N101 410 7629 SH SOLE 7629 0 0
PINNACLE SYSTEMS INC. COM 723481107 405 12188 SH SOLE 12188 0 0
PINNACLE WEST CAPITAL CORP COM 723484101 1634 57973 SH SOLE 57973 0 0
PIONEER NATURAL RESOURCES COR COM 723787107 912 86829 SH SOLE 86829 0 0
PIONEER STANDARD ELECTRO PFD CV 723879300 7926 139473 SH SOLE 139473 0 0
PITNEY BOWES INC COM 724479100 2377 53188 SH SOLE 53188 0 0
PITTSTON SERVICES GROUP COM 725701106 681 40075 SH SOLE 40075 0 0
PLANTRONICS INC (NEW) COM 727493108 651 6987 SH SOLE 6987 0 0
PMC-SIERRA INC COM 69344F106 1733 8510 SH SOLE 8510 0 0
PMI GROUP COM 69344M101 1506 31748 SH SOLE 31748 0 0
PNC BANK CORP COM 693475105 2767 61408 SH SOLE 61408 0 0
POGO PRODUCING COMPANY COM 730448107 231 8071 SH SOLE 8071 0 0
POGO TRUST I 6.50% DUE 6/1/202 PFD CV 73044P208 6253 94500 SH SOLE 94500 0 0
POLAROID CORPORATION COM 731095105 388 16335 SH SOLE 16335 0 0
POLICY MANAGEMENT SYSTEMS COR COM 731108106 220 18344 SH SOLE 18344 0 0
POLYCOM INC COM 73172K104 3280 41423 SH SOLE 41423 0 0
POTLATCH CORPORATION COM 737628107 1541 35846 SH SOLE 35846 0 0
POTOMAC ELECTRIC POWER COMPAN COM 737679100 1903 84110 SH SOLE 84110 0 0
POWER INTEGRATIONS INC COM 739276103 240 9595 SH SOLE 9595 0 0
POWER ONE INC COM 739308104 240 3973 SH SOLE 3973 0 0
POWERTEL INC COM 73936C109 686 9922 SH SOLE 9922 0 0
POWERWAVE TECHNOLOGLIES COM 739363109 910 7278 SH SOLE 7278 0 0
PPL CORP COM 69351T106 659 31454 SH SOLE 31454 0 0
PRAXAIR INC COM 74005P104 691 16593 SH SOLE 16593 0 0
PRECISION CASTPARTS COM 740189105 520 14236 SH SOLE 14236 0 0
PREMIER PARKS INC NEW COM 740540208 1096 52200 SH SOLE 52200 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 2000 Page 24 of 32
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>
PRENTISS PROPERTIES TRUST COM 740706106 377 16886 SH SOLE 16886 0 0
PRI AUTOMATION INC COM 69357H106 475 7778 SH SOLE 7778 0 0
PRICE COMMUNICATIONS CORP(NEW COM 741437305 389 16892 SH SOLE 16892 0 0
PRIDE INTERNATIONAL INC COM 741932107 443 19359 SH SOLE 19359 0 0
PRIME HOSPITALITY CORP (NEW) COM 741917108 167 23090 SH SOLE 23090 0 0
PRIME RETAIL INC COM 741570105 48 22030 SH SOLE 22030 0 0
PRIMUS TELECOMM GROUP COM 741929103 460 8891 SH SOLE 8891 0 0
PRIMUS TELECOMM GROUP SERIES 1 BOND CV 741929AK9 8030 6800000 PRN SOLE 0 0 0
PROCTER & GAMBLE COMPANY COM 742718109 11102 196490 SH SOLE 196490 0 0
PROFIT RECOVERY GROUP INTL COM 743168106 381 20572 SH SOLE 20572 0 0
PROGRESS SOFTWARE CORP COM 743312100 200 8550 SH SOLE 8550 0 0
PROGRESSIVE CORP (OHIO) COM 743315103 430 5652 SH SOLE 5652 0 0
PROJECT SOFTWARE & DEV. INC COM 74339P101 283 5015 SH SOLE 5015 0 0
PROLOGIS TRUST 7.00% SER B PRF PFD CV 743410300 647 26200 SH SOLE 26200 0 0
PROTECTION ONE INC COM 743663304 34 16301 SH SOLE 16301 0 0
PROTECTIVE LIFE CORP COM 743674103 1394 43906 SH SOLE 43906 0 0
PROTEIN DESIGN LABS INC COM 74369L103 441 5552 SH SOLE 5552 0 0
PROTEIN DESIGN LABS INC. CONV BOND CV 74369LAA1 7173 10000000 PRN SOLE 0 0 0
PROVIDENT FINANCIAL GROUP COM 743866105 1108 32515 SH SOLE 32515 0 0
PROVIDIAN FINANCIAL CORP COM 74406A102 2387 27551 SH SOLE 27551 0 0
PROXIM INC COM 744284100 576 4812 SH SOLE 4812 0 0
PS BUSINESS PARKS INC COM 69360J107 252 12355 SH SOLE 12355 0 0
PSINET INC 7.0% SER D CUML CON PFD CV 74437C408 3683 87500 SH SOLE 87500 0 0
PSINET INC. 6.75% CONV PFD STK PFD CV 74437C309 1384 22200 SH SOLE 22200 0 0
PSS WORLD MEDICAL COM 69366A100 428 63046 SH SOLE 63046 0 0
PUBLIC SERVICE CO NEW MEXICO COM 744499104 661 41969 SH SOLE 41969 0 0
PUBLIC SVC ENTERPRISE GROUP COM 744573106 761 25700 SH SOLE 25700 0 0
PUGET SOUND ENERGY INC COM 745332106 905 40808 SH SOLE 40808 0 0
PULTE CORP COM 745867101 789 37801 SH SOLE 37801 0 0
PUMA TECHNOLOGY INC COM 745887109 253 5000 SH SOLE 5000 0 0
QLOGIC CORP COM 747277101 7715 56938 SH SOLE 56938 0 0
QLT PHOTOTHERAPEUTICS INC COM 746927102 271 4900 SH SOLE 4900 0 0
QRS CORP COM 74726X105 276 3666 SH SOLE 3666 0 0
QUADRAMED CORP CONV BOND CV 74730WAC5 501 1000000 PRN SOLE 0 0 0
QUAKER OATS COMPANY COM 747402105 930 15348 SH SOLE 15348 0 0
QUALCOMM INC COM 747525103 5525 37000 SH CALL SOLE 37000 0 0
QUALCOMM INC COM 747525103 23059 154435 SH SOLE 154435 0 0
QUALCOMM INC COM 747525103 2986 20000 SH PUT SOLE 20000 0 0
QUANTA SERVICES INC COM 74762E102 485 7986 SH SOLE 7986 0 0
QUANTUM CORP DLT & STORAGE COM 747906204 1086 90954 SH SOLE 90954 0 0
QUESTAR CORP. COM 748356102 1251 67374 SH SOLE 67374 0 0
QUIKSILVER INC COM 74838C106 225 12787 SH SOLE 12787 0 0
QUINTILIES TRANSNATIONAL CORP COM 748767100 655 38370 SH SOLE 38370 0 0
QUORUM HEALTH GROUP INC COM 749084109 437 43394 SH SOLE 43394 0 0
R R DONNELLEY & SON COMPANY COM 257867101 286 13673 SH SOLE 13673 0 0
R.H. DONNELLEY CORP COM 74955W307 303 17820 SH SOLE 17820 0 0
RADIAN GROUP INC COM 750236101 824 17310 SH SOLE 17310 0 0
RALSTON PURINA CO COM (NEW) COM 751277302 719 26151 SH SOLE 26151 0 0
RARE MEDIUM GROUP INC COM 75382N109 686 15557 SH SOLE 15557 0 0
RATHEON CLASS B COM 755111408 689 38836 SH SOLE 38836 0 0
RATIONAL SOFTWARE CORP NEW COM 75409P202 4929 64436 SH SOLE 64436 0 0
RATIONAL SOFTWARE CORP SERIES BOND CV 75409PAA1 1952 1600000 PRN SOLE 0 0 0
RAYMOND JAMES FINANCIAL INC COM 754730109 449 21644 SH SOLE 21644 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 2000 Page 25 of 32
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>
RAYONIER INC COM 754907103 1369 28087 SH SOLE 28087 0 0
RAYOVAC CORP COM 755081106 259 11123 SH SOLE 11123 0 0
RAZORFISH COM 755236106 269 9784 SH SOLE 9784 0 0
RCN CORP COM 749361101 226 4200 SH SOLE 4200 0 0
READERS DIGEST ASSOCIATION COM 755267101 2805 79300 SH SOLE 79300 0 0
REALNETWORKS INC COM 75605L104 491 8630 SH SOLE 8630 0 0
RECKSON ASSOCIATES REALTY COR COM 75621K106 402 21440 SH SOLE 21440 0 0
REDBACK NETWORKS 144A CONV BON BOND CV 757209AA9 8780 9000000 PRN SOLE 0 0 0
REGIONS FINANCIAL CORP COM 758940100 792 34709 SH SOLE 34709 0 0
RELIANCE GROUP HLDGS INC COM 759464100 111 31641 SH SOLE 31641 0 0
RELIANT ENERGY CORP COM 75952J108 595 25232 SH SOLE 25232 0 0
RELIANT ENERGY INTO TWX ZENS ( PFD CV 75952J207 8912 92000 SH SOLE 92000 0 0
RELIASTAR FINANCIAL CORP COM 75952U103 2834 83663 SH SOLE 83663 0 0
REMEC INC COM 759543101 309 6119 SH SOLE 6119 0 0
RENAL CARE GROUP INC COM 759930100 303 13978 SH SOLE 13978 0 0
REPUBLIC BANCORP COM 760282103 110 11796 SH SOLE 11796 0 0
RES-CARE INC CONV SUB NOTES BOND CV 760943AC4 2385 3585000 PRN SOLE 0 0 0
RES-CARE INC PRV PLCT 144A BOND CV 760943AA8 499 750000 PRN SOLE 0 0 0
RESMED INC COM 761152107 275 3859 SH SOLE 3859 0 0
REYNOLDS & REYNOLDS COMPANY COM 761695105 1870 69254 SH SOLE 69254 0 0
REYNOLDS METALS COMPANY COM 761763101 911 13624 SH SOLE 13624 0 0
RF MICRO DEVICES COM 749941100 810 6029 SH SOLE 6029 0 0
RFS HOTEL INVESTORS INC COM 74955J108 161 15019 SH SOLE 15019 0 0
RHYTHMS NETCONNECTIONS 144A PFD CV 762430304 4476 45000 SH SOLE 45000 0 0
RICHMOND COUNTY FINANCIAL COM 764556106 238 14741 SH SOLE 14741 0 0
RJ REYNOLDS TOBACCO HOLDINGS COM 76182K105 1120 65883 SH SOLE 65883 0 0
ROBERT HALF INTL INC COM 770323103 3669 77358 SH SOLE 77358 0 0
ROCKWELL INTERNATIONAL COM 773903109 1746 41764 SH SOLE 41764 0 0
ROHM & HAAS COMPANY COM 775371107 559 12527 SH SOLE 12527 0 0
ROLLINS INCORPORATED COM 775711104 322 21657 SH SOLE 21657 0 0
ROLLINS TRUCK LEASING CORP COM 775741101 203 24021 SH SOLE 24021 0 0
ROPER INDUSTRIES INC NEW COM 776696106 419 12345 SH SOLE 12345 0 0
ROSS STORES INC COM 778296103 1598 66408 SH SOLE 66408 0 0
ROWAN COMPANIES INC COM 779382100 1103 37462 SH SOLE 37462 0 0
ROYAL DUTCH PETRO - NY SHARES COM 780257804 18559 321019 SH SOLE 321019 0 0
RPC ENERGY SVS INC COM 749660106 187 19819 SH SOLE 19819 0 0
RPM INCORPORATED OHIO COM 749685103 345 31345 SH SOLE 31345 0 0
RSA SECURITY INC COM 749719100 791 15272 SH SOLE 15272 0 0
RUBY TUESDAY INC COM 781182100 248 14155 SH SOLE 14155 0 0
RUDDICK CORP COM 781258108 373 34117 SH SOLE 34117 0 0
RUSSELL CORP COM 782352108 252 17627 SH SOLE 17627 0 0
RYERSON TULL INC COM 78375P107 376 24244 SH SOLE 24244 0 0
S C I SYSTEMS COM 783890106 5877 109348 SH SOLE 109348 0 0
S P X CORP COM 784635104 3172 27843 SH SOLE 27843 0 0
S1 CORP COM 78463B101 908 10594 SH SOLE 10594 0 0
S3 INC COM 784849101 341 16250 SH SOLE 16250 0 0
SABRATEK CORP CONVER NOTES BOND CV 78571UAA6 1471 4200000 PRN SOLE 0 0 0
SABRE GROUP HOLDINGS ICN COM 785905100 1145 31357 SH SOLE 31357 0 0
SAFECO CORPORATION COM 786429100 404 15213 SH SOLE 15213 0 0
SAFEGUARD SCIENTIFIC INC COM 786449108 435 6300 SH SOLE 6300 0 0
SAFEGUARD SCIENTIFIC INC COM 786449108 690 10000 SH CALL SOLE 10000 0 0
SAFEGUARD SCIENTIFIC PRIV PLMN BOND CV 786449AD0 24370 8000000 PRN SOLE 0 0 0
SAFEGUARD SCIENTIFICS BOND CV 786449AE8 5072 1665000 PRN SOLE 0 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 2000 Page 26 of 32
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 4561 100806 SH SOLE 100806 0 0
SAKS INC COM 79377W108 1306 90060 SH SOLE 90060 0 0
SALTON INC COM 795757103 222 5119 SH SOLE 5119 0 0
SANDISK CORP. COM 80004C101 2139 17460 SH SOLE 17460 0 0
SANMINA CORP COM 800907107 7183 106314 SH SOLE 106314 0 0
SANMINA CORP SUB NOTES BOND CV 800907AB3 11869 7230000 PRN SOLE 0 0 0
SANTA FE SNYDER CORP COM 80218K105 1068 112393 SH SOLE 112393 0 0
SARA LEE CORP COM 803111103 2148 119324 SH SOLE 119324 0 0
SAWTEK INC COM 805468105 1984 37738 SH SOLE 37738 0 0
SBC COMMUNICATIONS INC COM 78387G103 6740 160000 SH CALL SOLE 160000 0 0
SBC COMMUNICATIONS INC COM 78387G103 19221 456295 SH SOLE 456295 0 0
SCANA CORP WHEN ISSUED COM 80589M102 1312 53426 SH SOLE 53426 0 0
SCHERING-PLOUGH CORP COM 806605101 7247 195209 SH SOLE 195209 0 0
SCHLUMBERGER LIMITED COM 806857108 6048 79054 SH SOLE 79054 0 0
SCHOLASTIC CORP COM 807066105 963 17849 SH SOLE 17849 0 0
SCIENTIFIC-ATLANTA INC COM 808655104 1563 24710 SH SOLE 24710 0 0
SCM MICROSYSTEMS INC COM 784018103 330 3404 SH SOLE 3404 0 0
SCOTT'S CO CL-A COM 810186106 245 5843 SH SOLE 5843 0 0
SDL INC COM 784076101 855 4016 SH SOLE 4016 0 0
SEAGATE TECHNOLOGY INC COM 811804103 2202 35663 SH SOLE 35663 0 0
SEAGRAM COMPANY LTD COM 811850106 4491 75481 SH SOLE 75481 0 0
SEALED AIR CORP COM 81211K100 236 4354 SH SOLE 4354 0 0
SEALED AIR CORP PRFD CONV STK PFD CV 81211K209 5706 109800 SH SOLE 109800 0 0
SEARS ROEBUCK & COMPANY COM 812387108 5365 175171 SH SOLE 175171 0 0
SECURITY CAP US REALTY CONV 14 BOND CV 814136AA5 395 500000 PRN SOLE 0 0 0
SECURITY CAPITAL GROUP-B COM 81413P204 377 26115 SH SOLE 26115 0 0
SEMPRA ENERGY COM 816851109 350 20870 SH SOLE 20870 0 0
SEMTECH CORP CONV 144A SUB NTS BOND CV 816850AB7 937 1000000 PRN SOLE 0 0 0
SEMTECH CORPORATION COM 816850101 363 5670 SH SOLE 5670 0 0
SENSORMATIC ELECTRONIC CORP COM 817265101 1633 72797 SH SOLE 72797 0 0
SENSORMATIC ELECTRS CORP COM 817265606 320 14280 SH SOLE 14280 0 0
SEPRACOR INC COM 817315104 3726 51170 SH SOLE 51170 0 0
SEPRACOR INC CONV 144A BOND CV 817315AJ3 9694 10000000 PRN SOLE 0 0 0
SEQUA CORP CLASS A COM 817320104 320 8082 SH SOLE 8082 0 0
SERENA SOFTWARE INC COM 817492101 340 10651 SH SOLE 10651 0 0
SHARED MEDICAL SYS CORP COM 819486101 962 18537 SH SOLE 18537 0 0
SHAW INDUSTRIES INC COM 820286102 1069 70357 SH SOLE 70357 0 0
SHERWIN-WILLIAMS COMPANY COM 824348106 834 37700 SH SOLE 37700 0 0
SHOREWOOD PACKAGING CORP COM 825229107 500 23344 SH SOLE 23344 0 0
SHURGARD STORAGE CENTERS INC COM 82567D104 264 10101 SH SOLE 10101 0 0
SICOR INC COM 825846108 330 31789 SH SOLE 31789 0 0
SIEBEL SYSTEMS INC COM 826170102 17579 147179 SH SOLE 147179 0 0
SIEBEL SYSTEMS INC BONDS 144 BOND CV 826170AA0 3340 1250000 PRN SOLE 0 0 0
SIERRA HEALTH SVCS INC COM 826322109 66 13433 SH SOLE 13433 0 0
SIERRA PACIFIC RESOURCES COM 826428104 599 47938 SH SOLE 47938 0 0
SIGMA-ALDRICH CORPORATION COM 826552101 702 26125 SH SOLE 26125 0 0
SILICON GRAPHICS INC COM 827056102 210 19866 SH SOLE 19866 0 0
SILKNET SOFTWARE INC COM 827094103 423 4083 SH SOLE 4083 0 0
SIPEX CORP COM 829909100 271 7687 SH SOLE 7687 0 0
SIRIUS SATELLITE RADIO INC COM 82966U103 256 4493 SH SOLE 4493 0 0
SITEL CORP COM 82980K107 207 30160 SH SOLE 30160 0 0
SKY FINANCIAL GROUP COM 83080P103 368 22667 SH SOLE 22667 0 0
SKYWEST INC COM 830879102 224 5716 SH SOLE 5716 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 2000 Page 27 of 32
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>
SLM HOLDING CORP COM 78442A109 456 13694 SH SOLE 13694 0 0
SMARTALK TELESERVCS PVT PLCMT BOND CV 83169AAA8 0 500000 PRN SOLE 0 0 0
SMITH CHARLES E. RESIDENTIAL COM 832197107 364 10077 SH SOLE 10077 0 0
SMITH INTERNATIONAL INC COM 832110100 3266 42137 SH SOLE 42137 0 0
SMITHFIELD FOODS INC COM 832248108 237 11847 SH SOLE 11847 0 0
SNAP-ON INC HLDG CO COM 833034101 372 14200 SH SOLE 14200 0 0
SOFTNET SYSTEMS INC COM 833964109 205 6999 SH SOLE 6999 0 0
SOLECTRON CORP COM 834182107 3437 85650 SH SOLE 85650 0 0
SOLUTIA INC COM 834376105 867 64807 SH SOLE 64807 0 0
SONOCO PRODS CO COM 835495102 1575 68490 SH SOLE 68490 0 0
SOTHEBY`S HOLDINGS INC COM 835898107 780 41604 SH SOLE 41604 0 0
SOUTHDOWN INCORPORATED COM 841297104 2220 37470 SH SOLE 37470 0 0
SOUTHERN COMPANY COM 842587107 2589 119054 SH SOLE 119054 0 0
SOUTHERN PACIFIC FUNDING CTFS COM 843578204 0 242314 SH SOLE 242314 0 0
SOUTHERN UNION CO NEW COM 844030106 318 17628 SH SOLE 17628 0 0
SOUTHTRUST CORP COM 844730101 514 20212 SH SOLE 20212 0 0
SOUTHWEST AIRLINES COM 844741108 1241 59614 SH SOLE 59614 0 0
SOUTHWEST SECURITIES GRP INC COM 845224104 278 6399 SH SOLE 6399 0 0
SOVEREIGN BANCORP INC COM 845905108 911 120402 SH SOLE 120402 0 0
SOVEREIGN BANCORP INC PFD INCO PFD CV 845905306 1110 22740 SH SOLE 22740 0 0
SPEEDFAM - IPEC INC COM 847705100 240 12097 SH SOLE 12097 0 0
SPRINGS INDUSTRIES INC COM 851783100 654 17209 SH SOLE 17209 0 0
SPRINT CORP COM 852061100 8008 126604 SH SOLE 126604 0 0
SPRINT CORP PCS GROUP COM 852061506 8489 129602 SH SOLE 129602 0 0
SPYGLASS INC COM 852192103 549 7076 SH SOLE 7076 0 0
ST JUDE MEDICAL INCORPORATED COM 790849103 322 12467 SH SOLE 12467 0 0
ST PAUL COMPANIES INC COM 792860108 1103 32308 SH SOLE 32308 0 0
STANDARD REGISTER CO COM 853887107 190 14746 SH SOLE 14746 0 0
STAPLES INC COM 855030102 1908 95377 SH SOLE 95377 0 0
STAR TELECOMMUNICATIONS INC COM 854923109 71 11875 SH SOLE 11875 0 0
STARBUCKS CORPORATION COM 855244109 7861 175418 SH SOLE 175418 0 0
STATE STREET CORP. COM 857477103 2117 21858 SH SOLE 21858 0 0
STEEL DYNAMICS INC COM 858119100 256 22182 SH SOLE 22182 0 0
STERIS CORP COM 859152100 563 54888 SH SOLE 54888 0 0
STERLING SFTW COM 859547978 0 59007 SH SOLE 59007 0 0
STEWART & STEVENSON SVCS COM 860342104 289 25662 SH SOLE 25662 0 0
STEWART ENTERPRISES INC CL A COM 860370105 205 41582 SH SOLE 41582 0 0
STILLWATER MINING CO. COM 86074Q102 943 23571 SH SOLE 23571 0 0
STONE ENERGY CORP COM 861642106 254 5154 SH SOLE 5154 0 0
STORAGE TECHNOLOGY CORP COM 862111200 1042 65363 SH SOLE 65363 0 0
STRIDE RITE CORPORATION COM 863314100 160 19805 SH SOLE 19805 0 0
STRUCTURAL DYNAMICS RESH COM 863555108 452 33503 SH SOLE 33503 0 0
STRYKER CORP COM 863667101 5500 78853 SH SOLE 78853 0 0
STURM RUGER & COMPANY INC COM 864159108 105 12053 SH SOLE 12053 0 0
SUIZA CAP TRUST 11 5.50% PRFD PFD CV 86507G408 565 16409 SH SOLE 16409 0 0
SUIZA FOODS CORP COM 865077101 1447 35938 SH SOLE 35938 0 0
SUMMIT BANCORP COM 866005101 884 33661 SH SOLE 33661 0 0
SUMMIT PROPS INC COM 866239106 218 11421 SH SOLE 11421 0 0
SUN CMNTYS INC COM 866674104 368 12731 SH SOLE 12731 0 0
SUN MICROSYSTEMS INC COM 866810104 1874 20000 SH PUT SOLE 20000 0 0
SUN MICROSYSTEMS INC COM 866810104 42166 450000 SH CALL SOLE 450000 0 0
SUN MICROSYSTEMS INC COM 866810104 27756 296213 SH SOLE 296213 0 0
SUNBEAM CORPORATION COM 867071102 226 54023 SH SOLE 54023 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 2000 Page 28 of 32
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
- ------------------------------ ------------------ --------- --------- ------------------ ------- -------- ---------------------
Value Shrs or SH/ PUT/ Other
Name of Issuer Title of Class CUSIP (x$1000) Prn Amt PRN CALL Dscretn Managers Sole Shared None
- ------------------------------ ------------------ --------- --------- --------- --- ---- ------- -------- --------- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SUNGARD DATA SYSTEMS INC COM 867363103 3757 99521 SH SOLE 99521 0 0
SUNOCO INC COM 86764P109 290 10601 SH SOLE 10601 0 0
SUNRISE MEDICAL INC COM 867910101 73 11694 SH SOLE 11694 0 0
SUNTERRA CORP COM 86787D109 37 18634 SH SOLE 18634 0 0
SUNTRUST BANKS INC COM 867914103 4292 74313 SH SOLE 74313 0 0
SUPERGEN INC COM 868059106 891 18560 SH SOLE 18560 0 0
SUPERIOR INDUSTRIES COM 868168105 931 29391 SH SOLE 29391 0 0
SUSQUEHANNA BANCSHARES INC PA COM 869099101 164 11893 SH SOLE 11893 0 0
SVI HOLDING INC COM 784872103 102 10303 SH SOLE 10303 0 0
SWIFT ENERGY COMPANY COM 870738101 190 10652 SH SOLE 10652 0 0
SWIFT TRANSPORTATION CO INC COM 870756103 1038 50617 SH SOLE 50617 0 0
SYBASE INC COM 871130100 1406 69204 SH SOLE 69204 0 0
SYBRON INT'L CORP COM 87114F106 2399 82725 SH SOLE 82725 0 0
SYKES ENTERPRISES INC COM 871237103 357 18719 SH SOLE 18719 0 0
SYLVAN LEARNING SYSTEMS INC COM 871399101 638 40012 SH SOLE 40012 0 0
SYMANTEC CORP COM 871503108 3193 42502 SH SOLE 42502 0 0
SYMBOL TECHNOLOGIES INC COM 871508107 5359 65101 SH SOLE 65101 0 0
SYNOPSYS INC COM 871607107 2842 58290 SH SOLE 58290 0 0
SYNOVUS FINANCIAL CORP COM 87161C105 220 11630 SH SOLE 11630 0 0
SYSCO CORPORATION COM 871829107 1959 54217 SH SOLE 54217 0 0
T R W INCORPORATED COM 872649108 1203 20568 SH SOLE 20568 0 0
T ROWE PRICE & ASSOC INC COM 741477103 954 24159 SH SOLE 24159 0 0
TALBOTS INC COM 874161102 539 9153 SH SOLE 9153 0 0
TANDY CORPORATION COM 875382103 1385 27295 SH SOLE 27295 0 0
TARGET CORP COM 87612E106 7494 100251 SH SOLE 100251 0 0
TAUBMAN CTRS INC COM 876664103 118 10635 SH SOLE 10635 0 0
TCF FINANCIAL CORP COM 872275102 942 39574 SH SOLE 39574 0 0
TECH DATA CORP COM 878237106 1203 36582 SH SOLE 36582 0 0
TECO ENERGY INC COM 872375100 1734 89217 SH SOLE 89217 0 0
TECUMSEH PRODS CO CL A COM 878895200 680 15456 SH SOLE 15456 0 0
TEKELEC COM 879101103 593 15976 SH SOLE 15976 0 0
TEKELEC INC CONV 144A PRVT PLC BOND CV 879101AA1 6518 3000000 PRN SOLE 0 0 0
TEKTRONIX INCORPORATED COM 879131100 2053 36658 SH SOLE 36658 0 0
TELEFLEX INCORPORATED COM 879369106 1376 38890 SH SOLE 38890 0 0
TELEFONOS DE MEXICO S.A. BOND CV 879403AD5 12910 8500000 PRN SOLE 0 0 0
TELEPHONE & DATA SYSTEMS INC COM 879433100 4581 41271 SH SOLE 41271 0 0
TELETECH HOLDINGS INC COM 879939106 422 12233 SH SOLE 12233 0 0
TELLABS INCORPORATED COM 879664100 1260 20000 SH CALL SOLE 20000 0 0
TELLABS INCORPORATED COM 879664100 4619 73334 SH SOLE 73334 0 0
TEMPLE INLAND INC COM 879868107 511 10268 SH SOLE 10268 0 0
TENET HEALTHCARE GROUP COM 88033G100 839 36067 SH SOLE 36067 0 0
TENFOLD CORP COM 88033A103 263 4351 SH SOLE 4351 0 0
TERADYNE INCORPORATED COM 880770102 2264 27611 SH SOLE 27611 0 0
TERAYON COMMUNICATIONS SYSTEM COM 880775101 877 4277 SH SOLE 4277 0 0
TERRA INDUSTRIES INC COM 880915103 33 14193 SH SOLE 14193 0 0
TEXACO INC COM 881694103 3264 60733 SH SOLE 60733 0 0
TEXAS INSTRUMENTS INCORPORATE COM 882508104 18539 115867 SH SOLE 115867 0 0
TEXAS INSTRUMENTS INCORPORATE COM 882508104 8000 50000 SH CALL SOLE 50000 0 0
TEXAS INSTRUMENTS INCORPORATE COM 882508104 11200 70000 SH PUT SOLE 70000 0 0
TEXAS UTILITIES COMPANY COM 882848104 397 13359 SH SOLE 13359 0 0
TEXTRON INCORPORATED COM 883203101 1773 29130 SH SOLE 29130 0 0
THERMO OPTEK CORP COM 883582108 267 17978 SH SOLE 17978 0 0
THORNBURG MTG ASSET CORP COM 885218107 102 13819 SH SOLE 13819 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 2000 Page 29 of 32
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>
TIDEWATER INCORPORATED COM 886423102 1769 55603 SH SOLE 55603 0 0
TIFFANY & CO NEW COM 886547108 5973 71422 SH SOLE 71422 0 0
TIMBERLAND CO CLASS A COM 887100105 210 4123 SH SOLE 4123 0 0
TIME MIRROR CO - CL A COM 887364107 1589 17098 SH SOLE 17098 0 0
TIME WARNER INC COM 887315109 21390 213904 SH SOLE 213904 0 0
TIMKEN COMPANY COM 887389104 282 17333 SH SOLE 17333 0 0
TITAN CORP COM 888266103 723 14186 SH SOLE 14186 0 0
TITAN CORP 5.75% CONV 144A PFD PFD CV 888262201 599 10000 SH SOLE 10000 0 0
TJX COS INC NEW COM 872540109 808 36396 SH SOLE 36396 0 0
TOLL BROTHERS INC COM 889478103 308 15388 SH SOLE 15388 0 0
TOM BROWN INC NEW COM 115660201 228 12381 SH SOLE 12381 0 0
TORCHMARK CORPORATION COM 891027104 509 22002 SH SOLE 22002 0 0
TOSCO CORP NEW COM 891490302 458 14966 SH SOLE 14966 0 0
TOTAL RENAL CARE HOLDINGS INS COM 89151A107 234 74830 SH SOLE 74830 0 0
TOWER AUTOMOTIVE INC COM 891707101 184 11211 SH SOLE 11211 0 0
TOYS R US INC COM 892335100 500 33754 SH SOLE 33754 0 0
TRAMMELL CROW CO COM 89288R106 126 11433 SH SOLE 11433 0 0
TRANS WORLD AIRLINES COM 893349837 38 16397 SH SOLE 16397 0 0
TRANSACTION SYSTEMS ACRHITECT COM 893416107 1322 45788 SH SOLE 45788 0 0
TRANSKARYOTIC THERAPIES INC COM 893735100 455 8180 SH SOLE 8180 0 0
TRANSMONTAIGNE OIL CORP COM 893934109 91 13457 SH SOLE 13457 0 0
TRANSOCEAN SEDCO FOREX INC COM G90078109 2185 42582 SH SOLE 42582 0 0
TRANSWITCH CORP. COM 894065101 3691 38396 SH SOLE 38396 0 0
TRIBUNE COMPANY NEW COM 896047107 1150 31448 SH SOLE 31448 0 0
TRICON GLOBAL RESTAURANTS COM 895953107 294 9472 SH SOLE 9472 0 0
TRIGON HEALTHCARE INC COM 89618L100 1043 29166 SH SOLE 29166 0 0
TRINITY INDUSTRIES INC COM 896522109 672 28365 SH SOLE 28365 0 0
TRIQUINT SEMICONDUCTOR BOND CV 89674KAA1 1871 2500000 PRN SOLE 0 0 0
TRIQUINT SEMICONDUCTOR INC COM 89674K103 2704 36790 SH SOLE 36790 0 0
TRUSTCO BANK CORP N.Y. COM 898349105 173 14819 SH SOLE 14819 0 0
TUBOSCOPE INC COM 898600101 221 12992 SH SOLE 12992 0 0
TUPPERWARE CORP. COM 899896104 210 13294 SH SOLE 13294 0 0
TXI CAPITAL TRUST I SPECIAL PU PFD CV 873119200 2141 65300 SH SOLE 65300 0 0
TYCO INTERNATIONAL LTD COM 902124106 13196 263264 SH SOLE 263264 0 0
TYLER TECHNOLOGIES COM 902252105 129 21885 SH SOLE 21885 0 0
TYSON FOODS INC CLASS A DEL COM 902494103 1554 139728 SH SOLE 139728 0 0
U S HOME CORP COM (NEW) COM 911920106 574 15098 SH SOLE 15098 0 0
U S T INC FORMERLY COM 902911106 666 42593 SH SOLE 42593 0 0
U.S WEST INC COM 91273H101 4897 67428 SH SOLE 67428 0 0
U.S. BANCORP (NEW) COM 902973106 2792 127647 SH SOLE 127647 0 0
U.S. OFFICE PRODUCTS CO COM 912325305 36 14455 SH SOLE 14455 0 0
UCAR INTERNATIONAL COM 90262K109 462 35002 SH SOLE 35002 0 0
UGI HOLDING CO COM 902681105 276 12766 SH SOLE 12766 0 0
ULTRAMAN DIAMOND SHAMRORK COR COM 904000106 1796 70797 SH SOLE 70797 0 0
UNICAPITAL CORP COM 90459D108 80 33701 SH SOLE 33701 0 0
UNICOM CORP COM 904911104 1689 46283 SH SOLE 46283 0 0
UNIFI INC COM 904677101 356 39792 SH SOLE 39792 0 0
UNILEVER NV (NEW) COM 904784709 3079 63973 SH SOLE 63973 0 0
UNION CARBIDE CORPORATION COM 905581104 580 9938 SH SOLE 9938 0 0
UNION PACIFIC CORP COM 907818108 1586 40533 SH SOLE 40533 0 0
UNION PACIFIC RESOURCES COM 907834105 407 28102 SH SOLE 28102 0 0
UNISYS CORP COM 909214108 700 27256 SH SOLE 27256 0 0
UNITED AUTO GROP INC COM 909440109 126 14257 SH SOLE 14257 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 2000 Page 30 of 32
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>
UNITED DOMINION REALTY TR INC COM 910197102 392 38921 SH SOLE 38921 0 0
UNITED HEALTHCARE CORP COM 910581107 1456 24420 SH SOLE 24420 0 0
UNITED STATIONERS INC COM 913004107 203 5680 SH SOLE 5680 0 0
UNITED TECHNOLOGIES CORP COM 913017109 4928 77986 SH SOLE 77986 0 0
UNITED WATER RESOURCES INC COM 913190104 315 9072 SH SOLE 9072 0 0
UNITEDGLOBALCOM 7.00% CONV PRF PFD CV 913247201 309 3250 SH SOLE 3250 0 0
UNITEDGLOBALCOM INC 7.00% SER PFD CV 913247805 9296 138225 SH SOLE 138225 0 0
UNITRIN INC COM 913275103 1984 49900 SH SOLE 49900 0 0
UNIVERSAL CORP VA COM 913456109 453 30081 SH SOLE 30081 0 0
UNIVERSAL FOODS CORPORATION COM 913538104 1317 61602 SH SOLE 61602 0 0
UNIVISION COMMUNCIATIONS INC COM 914906102 8532 75505 SH SOLE 75505 0 0
UNOCAL CORPORATION COM 915289102 897 30137 SH SOLE 30137 0 0
UNOVA INC COM 91529B106 262 19387 SH SOLE 19387 0 0
UNUM CORP COM 91529Y106 542 32014 SH SOLE 32014 0 0
US FOODSERVICE COM 90331R101 1253 48654 SH SOLE 48654 0 0
US FREIGHTWAYS CORP COM 916906100 415 11089 SH SOLE 11089 0 0
USA NEWORKS INC COM 902984103 279 12360 SH SOLE 12360 0 0
USEC INC COM 90333E108 193 40631 SH SOLE 40631 0 0
USG CORP NEW COM 903293405 1594 38000 SH SOLE 38000 0 0
USINTERNETWORKING INC COM 917311805 494 12752 SH SOLE 12752 0 0
USINTERNETWORKING INC BOND CV 917311AE2 626 250000 PRN SOLE 0 0 0
USONCOLOGY COM 90338W103 117 25932 SH SOLE 25932 0 0
USX MARATHON GROUP COM 902905827 2298 88181 SH SOLE 88181 0 0
USX U.S STEEL GROUP COM 90337T101 870 34803 SH SOLE 34803 0 0
UTI ENERGY CORP COM 903387108 410 10866 SH SOLE 10866 0 0
UTILICORP UNITED INC COM 918005109 1204 66660 SH SOLE 66660 0 0
V F CORPORATION COM 918204108 254 10573 SH SOLE 10573 0 0
VALASSIS COMMUNICATIONS INC COM 918866104 1546 46400 SH SOLE 46400 0 0
VALENCE TECHNOLOGY INC COM 918914102 336 14259 SH SOLE 14259 0 0
VALERO ENERGY CORP COM 91913Y100 1494 48681 SH SOLE 48681 0 0
VALUEVISION INTL INC CL A COM 92047K107 876 21168 SH SOLE 21168 0 0
VARCO INTERNATIONAL INC COM 922126107 790 62593 SH SOLE 62593 0 0
VARIAN INC COM 922206107 328 8552 SH SOLE 8552 0 0
VARIAN SEMICONDUCTOR COPR COM 922207105 410 6446 SH SOLE 6446 0 0
VEECO INSTRUMENTS INC COM 922417100 417 5636 SH SOLE 5636 0 0
VENTAS INC COM 92276F100 106 32056 SH SOLE 32056 0 0
VERIO INC 6.75% CONV 144A PRFD PFD CV 923433304 1693 30657 SH SOLE 30657 0 0
VERITAS SOFTWARE CORP COM 923436109 40443 308724 SH SOLE 308724 0 0
VERITY INC. COM 92343C106 491 12040 SH SOLE 12040 0 0
VERTEX PHARMACEUTICALS INC COM 92532F100 312 6655 SH SOLE 6655 0 0
VERTICALNET INC COM 92532L107 1386 10194 SH SOLE 10194 0 0
VIACOM INC NON VOTING COM 925524308 4980 94401 SH SOLE 94401 0 0
VIAD CORP COM 92552R109 1416 61886 SH SOLE 61886 0 0
VIROPHARMA INC 144A PRVT PLCMT BOND CV 928241AA6 2618 3600000 PRN SOLE 0 0 0
VISHAY INTERTECHNOLOGY INC COM 928298108 4095 73623 SH SOLE 73623 0 0
VISUAL NETWORKS INC COM 928444108 357 6298 SH SOLE 6298 0 0
VISX INC COM 92844S105 853 46764 SH SOLE 46764 0 0
VITESSE SEMICONDUCTOR BOND CV 928497AA4 6626 6350000 PRN SOLE 0 0 0
VITESSE SEMICONDUCTOR CORP COM 928497106 11444 118898 SH SOLE 118898 0 0
VLASIC INT'L INC COM 928559103 25 10419 SH SOLE 10419 0 0
VOICESTREAM WIRELESS CORP COM 928615103 1221 9482 SH SOLE 9482 0 0
VRTX 144A CONV SUB NOTES BOND CV 92532FAA8 1114 1500000 PRN SOLE 0 0 0
VULCAN MATERIALS COMPANY COM 929160109 950 20746 SH SOLE 20746 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 2000 Page 31 of 32
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>
W W GRAINGER INC COM 384802104 1784 32881 SH SOLE 32881 0 0
W.R. GRACE & CO. COM 38388F108 375 29147 SH SOLE 29147 0 0
WACHOVIA CORP COM 929771103 2405 35591 SH SOLE 35591 0 0
WAL-MART STORES INC COM 931142103 3108 55000 SH CALL SOLE 55000 0 0
WAL-MART STORES INC COM 931142103 19775 350000 SH PUT SOLE 350000 0 0
WAL-MART STORES INC COM 931142103 45196 799928 SH SOLE 799928 0 0
WALGREEN COMPANY COM 931422109 4296 166835 SH SOLE 166835 0 0
WALLACE COMPUTER SERVICES INC COM 932270101 333 28194 SH SOLE 28194 0 0
WALTER INDUSTRIES IC COM 93317Q105 115 14817 SH SOLE 14817 0 0
WARNER-LAMBERT COMPANY COM 934488107 13509 138283 SH SOLE 138283 0 0
WARNER-LAMBERT COMPANY COM 934488107 9769 100000 SH PUT SOLE 100000 0 0
WARNICO GROUP INC CL A COM 934390105 302 25541 SH SOLE 25541 0 0
WASHINGTON GAS LIGHT COMPANY COM 938837101 1222 44945 SH SOLE 44945 0 0
WASHINGTON MUTUAL INC COM 939322103 2749 103727 SH SOLE 103727 0 0
WASHINGTON POST CO COM 939640108 2852 5272 SH SOLE 5272 0 0
WASTE MANAGEMENT INC COM 94106L109 1484 108389 SH SOLE 108389 0 0
WATERS CORP. COM 941848103 4239 44500 SH SOLE 44500 0 0
WATSON PHARMACEUTICALS INC COM 942683103 640 16119 SH SOLE 16119 0 0
WAUSAU-MOSINEE PAPER CORP COM 943315101 542 41895 SH SOLE 41895 0 0
WAVE SYSTEMS CORP CL-A COM 943526103 443 11102 SH SOLE 11102 0 0
WEATHERFORD INTERNATIONAL COM 947074100 5265 90008 SH SOLE 90008 0 0
WEBLINK WIRELESS INC COM 94769A101 154 11488 SH SOLE 11488 0 0
WEBSTER FINL CORP WATERBURY COM 947890109 971 42216 SH SOLE 42216 0 0
WEBTRENDS CORP COM 94844D104 290 4026 SH SOLE 4026 0 0
WELLMAN INC COM 949702104 632 31922 SH SOLE 31922 0 0
WELLPOINT HEALTH NETWORKS COM 94973H108 222 3183 SH SOLE 3183 0 0
WELLS FARGO COMPANY COM 949746101 15932 390978 SH SOLE 390978 0 0
WELLSFORD REAL PROPERTIES COM 950240101 88 10116 SH SOLE 10116 0 0
WESCO INTERNATIONAL INC COM 95082P105 152 19638 SH SOLE 19638 0 0
WESLEY JESSEN VISION COM 951018100 371 10333 SH SOLE 10333 0 0
WESTAMERICA BANCORP COM 957090103 944 34032 SH SOLE 34032 0 0
WESTERN DIGITAL CORPORATION COM 958102105 348 46818 SH SOLE 46818 0 0
WESTFIELD AMERICA INC COM 959910100 239 17653 SH SOLE 17653 0 0
WESTINGHOUSE AIR BRAKE COM 960386100 231 21721 SH SOLE 21721 0 0
WESTPOINT STEVENS INC COM 961238102 470 24728 SH SOLE 24728 0 0
WESTVACO CORPORATION COM 961548104 1183 35455 SH SOLE 35455 0 0
WESTWOOD ONE INC COM 961815107 3508 96772 SH SOLE 96772 0 0
WEYERHAEUSER COMPANY COM 962166104 1758 30837 SH SOLE 30837 0 0
WHIRLPOOL CORPORATION COM 963320106 773 13185 SH SOLE 13185 0 0
WHITMAN CORP COM 96647R107 1103 79129 SH SOLE 79129 0 0
WHOLE FOODS MKT INC COM 966837106 308 7437 SH SOLE 7437 0 0
WICOR INC COM 929253102 402 12963 SH SOLE 12963 0 0
WILD OATS MARKETS INC COM 96808B107 212 10351 SH SOLE 10351 0 0
WILLAMETTE INDUSTRIES COM 969133107 1149 28628 SH SOLE 28628 0 0
WILLIAMS COMPANIES COM 969457100 3389 77142 SH SOLE 77142 0 0
WILLIAMS-SONOMA INC COM 969904101 1221 39400 SH SOLE 39400 0 0
WILMINGTON TRUST CORP COM 971807102 1130 23235 SH SOLE 23235 0 0
WIND RIVER SYSTEMS LTD COM 973149107 616 16983 SH SOLE 16983 0 0
WINDMERE CORPORATION COM 973411101 160 10835 SH SOLE 10835 0 0
WINNEBAGO INDUSTRIES INC COM 974637100 258 14289 SH SOLE 14289 0 0
WINSTAR COMMUNICAT IONS INC PFD CV 975515859 4639 2950 SH SOLE 2950 0 0
WISCONSIN CENTRAL TRANSPORTAT COM 976592105 567 46305 SH SOLE 46305 0 0
WISCONSIN ENERGY CORP FORMERL COM 976657106 1451 72779 SH SOLE 72779 0 0
<PAGE>
<CAPTION>
Manager: BNP/Cooper Neff, Inc. Period End Date: March 31, 2000 Page 32 of 32
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>
WORLDGATE COMMUNICATIONS INC COM 98156L307 299 9956 SH SOLE 9956 0 0
WORTHINGTON INDUSTRIES INC COM 981811102 745 60227 SH SOLE 60227 0 0
WPS RES CORP COM 92931B106 313 12073 SH SOLE 12073 0 0
WRIGLEY WM JR COMPANY COM 982526105 1388 18069 SH SOLE 18069 0 0
WYNDHAM INTERNATIONAL INC COM 983101106 107 56862 SH SOLE 56862 0 0
XEROX CORPORATION COM 984121103 2718 104546 SH SOLE 104546 0 0
XILINX INC COM 983919101 5820 70276 SH SOLE 70276 0 0
YAHOO INC. COM 984332106 43701 255000 SH CALL SOLE 255000 0 0
YAHOO INC. COM 984332106 41987 245000 SH PUT SOLE 245000 0 0
YAHOO INC. COM 984332106 15212 88764 SH SOLE 88764 0 0
YORK INTERNATIONAL CORP COM 986670107 493 21096 SH SOLE 21096 0 0
YOUNG & RUBICAM INC COM 987425105 715 15205 SH SOLE 15205 0 0
ZEBRA TECHNOLOGY INC CL A COM 989207105 340 6792 SH SOLE 6792 0 0
ZIONS BANCORP FORMERLY ZIONS COM 989701107 2904 69776 SH SOLE 69776 0 0
ZIXIT CORP COM 98974P100 310 4257 SH SOLE 4257 0 0
</TABLE>
