<PAGE> 1
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: Charles Stewart Mott Foundation
Address: 503 S. Saginaw Street
Flint, MI 48302-1820
Form 13F File Number: 28-05859
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: Phillip H. Peters
Title: Secretary/Treasurer
Phone: (810) 238-5651
Signature, Place, and Date of Signing:
/s/ Phillip H. Peters Flint, MI 9/22/00
[Signature] [City, State] [Date]
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report,
and all holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for
this reporting manager are reported in this report and a portion are
reported by other reporting manager(s).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
28-_____________ _________________________________________
[Repeat as necessary.]
<PAGE> 2
FORM 13F
SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
-----------------------
Form 13F Information Table Entry Total: 335
-----------------------
Form 13F Information Table Value Total: $ 2,203,943
-----------------------
(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column
headings and list entries.] NONE
No. Form 13F File Number Name
----- ------------------- ------------------------
[Repeat as necessary.]
<PAGE> 3
FORM 13F INFORMATION TABLE
<TABLE>
<CAPTION>
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
------------------ ----------------------
Value Shrs or sh/ put/ Investment Other Voting Authority
Name of Issuer Title of Class Cusip (x$1000) Prn Amt prn call Discretion Managers Sole Shared None
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ABBOTT LABS COM 002824100 6,187 175,835 sh Sole 175,835
ACE LTD ORD G0070K103 3,774 165,000 sh Sole 165,000
ADC TELECOMMUNICATIONS INC COM 000886101 6,336 117,600 sh Sole 117,600
AETNA INC COM 008117103 555 10,000 sh Sole 10,000
AFLAC INC COM 001055102 1,686 37,000 sh Sole 37,000
AIR PRODUCTS & CHEMICAL INC COM 009158106 657 23,100 sh Sole 23,100
ALBERTSONS INC COM 013104104 1,544 50,000 sh Sole 50,000
ALCATEL ALSTHOM SPON ADR ADR 013904305 7,313 169,612 sh Sole 169,612
ALCOA INC COM 013817101 4,215 60,000 sh Sole 60,000
ALLSTATE CORP COM 020002101 2,381 100,000 sh Sole 100,000
ALLTEL CORP COM 020039103 1,075 17,000 sh Sole 17,000
AMAZON COM INC COM 023135106 1,176 17,557 sh Sole 17,557
AMB PPTY CORP COM 00163T109 11,223 522,007 sh Sole 522,007
AMERICA ONLINE INC COM 02364J104 18,985 281,522 sh Sole 281,522
AMERICAN EXPRESS CO COM 025816109 10,932 73,400 sh Sole 73,400
AMERICAN GENERAL CORP COM 026351106 2,475 44,100 sh Sole 44,100
AMERICAN HOME PRODS CORP COM 026609107 8,165 151,900 sh Sole 151,900
AMERICAN INTL GROUP INC COM 026874107 22,448 205,000 sh Sole 205,000
AMERICAN MANAGEMENT SYSTEMS COM 027352103 1,954 44,600 sh Sole 44,600
AMERICAN PWR CONVERSION CORP COM 029066107 1,008 23,500 sh Sole 23,500
AMGEN INC COM 031162100 7,445 121,300 sh Sole 121,300
ANALOG DEVICES INC COM 032654105 5,893 73,200 sh Sole 73,200
APPLIED MATLS INC COM 038222105 3,770 40,000 sh Sole 40,000
ARCHER DANIELS MIDLAND CO COM 039483102 1,439 139,580 sh Sole 139,580
ARCHSTONE COMMUNITIES TRUST SH BEN INT 039581103 1,561 78,300 sh Sole 78,300
ARIBA INC COM 04033V104 138,299 659,746 sh Sole 659,746
ARROW ELECTRONICS INC COM 042735100 705 20,000 sh Sole 20,000
ASSOCIATES FIRST CAP CORP CL A 046008108 2,648 123,900 sh Sole 123,900
AT HOME CORP COM SER A 045919107 494 15,000 sh Sole 15,000
AT&T CORP COM 001957109 21,315 378,503 sh Sole 378,503
AT&T CORP COM LIB GRP A 001957208 14,828 250,000 sh Sole 250,000
ATLANTIC RICHFIELD CO COM 048825103 1,615 19,000 sh Sole 19,000
AUTOMATIC DATA PROCESSING INC COM 053015103 3,850 79,800 sh Sole 79,800
AUTONATION INC COM 05329W102 1,588 200,000 sh Sole 200,000
AUTOZONE INC COM 053332102 278 10,000 sh Sole 10,000
AVALONBAY COMMUNITIES INC COM 053484101 1,450 39,600 sh Sole 39,600
AVON PRODUCTS INC COM 054303102 491 16,800 sh Sole 16,800
AXA FINANCIAL INC COM 002451102 3,347 93,300 sh Sole 93,300
BAKER HUGHES INC COM 057224107 1,271 42,000 sh Sole 42,000
BALL CORP COM 058498106 847 24,500 sh Sole 24,500
</TABLE>
1
<PAGE> 4
FORM 13F INFORMATION TABLE
<TABLE>
<CAPTION>
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
------------------ ---------------------
Value Shrs or sh/ put/ Investment Other Voting Authority
Name of Issuer Title of Class Cusip (x$1000) Prn Amt prn call Discretion Managers Sole Shared None
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
BANK NEW YORK INC COM 064057102 5,087 122,400 sh Sole 122,400
BANK OF AMERICA CORP COM 060505104 11,222 214,000 sh Sole 214,000
BANK ONE CORP COM 06423A103 3,719 107,800 sh Sole 107,800
BAXTER INTERNATIONAL INC COM 071813109 1,821 29,053 sh Sole 29,053
BED BATH & BEYOND INC COM 075896100 984 25,000 sh Sole 25,000
BELL ATLANTIC CORP COM 077853109 11,435 187,080 sh Sole 187,080
BELLSOUTH CORP COM 079860102 10,603 226,200 sh Sole 226,200
BELO A H CORP COM SER A 080555105 1,073 60,000 sh Sole 60,000
BERKSHIRE HATHAWAY INC DEL CL A 084670108 10,582 185 sh Sole 185
BEST BUY INC COM 086516101 2,150 25,000 sh Sole 25,000
BESTFOODS COM 08658U101 4,087 87,300 sh Sole 87,300
BLACK HILLS CORP COM 092113109 1,176 53,300 sh Sole 53,300
BMC SOFTWARE INC COM 055921100 2,518 51,000 sh Sole 51,000
BOEING CO COM 097023105 4,727 125,000 sh Sole 125,000
BOSTON SCIENTIFIC CORP COM 101137107 889 41,712 sh Sole 41,712
BP AMOCO PLC SPONSORED ADR 055622104 4,769 89,566 sh Sole 89,566
BRINKER INTL INC COM 109641100 1,188 40,000 sh Sole 40,000
BRISTOL MYERS SQUIBB CO COM 110122108 13,555 233,700 sh Sole 233,700
BROADCOM CORP CL A 111320107 20,674 85,120 sh Sole 85,120
BURLINGTON NORTHERN SANTA FE COM 12189T104 910 40,000 sh Sole 40,000
BURLINGTON RESOURCES INC COM 122014103 333 9,000 sh Sole 9,000
CAMBRIDGE TECH PARTNERS MASS COM 132524109 136 10,000 sh Sole 10,000
CAMPBELL SOUP CO COM 134429109 1,178 38,300 sh Sole 38,300
CAPITAL ONE FINANCIAL CORP COM 14040H105 1,409 29,400 sh Sole 29,400
CARDINAL HEALTH INC COM 14149Y108 1,290 28,130 sh Sole 28,130
CATERPILLAR INC COM 149123101 1,814 46,000 sh Sole 46,000
CBS CORPORATION COM 12490K107 6,795 120,000 sh Sole 120,000
CENDANT CORPORATION COM 151313103 1,510 81,600 sh Sole 81,600
CENTERPOINT PPTYS TRUST COM 151895109 394 10,800 sh Sole 10,800
CENTURYTEL INC COM 156700106 1,448 39,000 sh Sole 39,000
CHASE MANHATTAN CORP NEW COM 16161A108 11,143 127,800 sh Sole 127,800
CHEVRON CORPORATION COM 166751107 4,391 47,500 sh Sole 47,500
CHUBB CORP COM 171232101 2,027 30,000 sh Sole 30,000
CIGNA CORP COM 125509109 2,159 28,500 sh Sole 28,500
CIRCUIT CITY STORE INC CIRCT CITY GRP 172737108 2,070 34,000 sh Sole 34,000
CIRCUIT CITY STORE INC CARMAX GROUP 172737306 166 50,000 sh Sole 50,000
CISCO SYS INC COM 17275R102 87,249 1,128,520 sh Sole 1,128,520
CITIGROUP INC COM 172967101 30,357 507,000 sh Sole 507,000
CLEAR CHANNEL COMMUNICATIONS INC COM 184502102 2,417 35,000 sh Sole 35,000
CLOROX CO COM 189054109 323 9,800 sh Sole 9,800
</TABLE>
2
<PAGE> 5
FORM 13F INFORMATION TABLE
<TABLE>
<CAPTION>
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
------------------ ---------------------
Value Shrs or sh/ put/ Investment Other Voting Authority
Name of Issuer Title of Class Cusip (x$1000) Prn Amt prn call Discretion Managers Sole Shared None
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COASTAL CORP COM 190441105 3,261 70,900 sh Sole 70,900
COCA COLA CO COM 191216100 14,081 300,000 sh Sole 300,000
COLGATE PALMOLIVE CO COM 194162103 1,657 29,400 sh Sole 29,400
COLUMBIA HCA HEALTHCARE CORP COM 197677107 1,772 70,000 sh Sole 70,000
COMCAST CORP CL A SPL 200300200 5,205 120,000 sh Sole 120,000
COMERICA INC COM 200340107 1,843 44,000 sh Sole 44,000
COMPAQ COMPUTER CORP COM 204493100 4,366 161,700 sh Sole 161,700
COMPLETE BUSINESS SOLUTIONS INC COM 20452F107 2,419 108,100 sh Sole 108,100
COMPUTER SCIENCES CORP COM 205363104 2,556 32,300 sh Sole 32,300
COMPUWARE CORP COM 205638109 1,300 61,700 sh Sole 61,700
CONAGRA INC COM 205887102 1,049 57,900 sh Sole 57,900
CONCORD EFS INC COM 206197105 5,849 255,000 sh Sole 255,000
CONOCO INC CL B 208251405 2,113 82,444.8 sh Sole 82,445
COOPER INDS INC COM 216669101 525 15,000 sh Sole 15,000
COOPER TIRE & RUBBER COM 216831107 436 34,700 sh Sole 34,700
CORNING INCORPORATED COM 219350105 1,746 9,000 sh Sole 9,000
COSTCO WHOLESALE CORP COM 22160K105 3,658 69,600 sh Sole 69,600
COX COMMUNICATIONS INC CL A 224044107 3,638 75,000 sh Sole 75,000
CRITICAL PATH INC COM 22674V100 8,081 95,071 sh Sole 95,071
CVS CORP COM 126650100 1,503 40,000 sh Sole 40,000
D R HORTON INC COM 23331A109 314 24,000 sh Sole 24,000
DEAN FOODS INC COM 242361103 230 8,600 sh Sole 8,600
DEERE & CO COM 244199105 760 20,000 sh Sole 20,000
DELL COMPUTER CORP COM 247025109 15,858 294,000 sh Sole 294,000
DELPHI AUTOMOTIVE SYSTEMS CORP COM 247126105 6,374 398,379 sh Sole 398,379
DISNEY WALT HLDG CO COM 254687106 10,519 255,000 sh Sole 255,000
DOMINION RESOURCES INC COM 25746U109 1,960 51,000 sh Sole 51,000
DOVER CORP COM 260003108 4,869 101,700 sh Sole 101,700
DOW CHEMICAL CO COM 260543103 3,238 28,400 sh Sole 28,400
DPL INC COM 233293109 987 44,500 sh Sole 44,500
DU PONT E I DE NEMOURS & CO COM 263534109 6,811 128,656 sh Sole 128,656
E M C CORP COM 268648102 11,113 88,200 sh Sole 88,200
EBAY INC COM 278642103 209,790 1,191,990 sh Sole 1,191,990
ECOLAB INC COM 278865100 1,761 48,000 sh Sole 48,000
ELECTRONIC DATA SYSTEMS CORP COM 285661104 4,442 69,200 sh Sole 69,200
ELOYALTY CORPORATION COM 290151109 955 40,000 sh Sole 40,000
EMERSON ELEC CO COM 291011104 3,974 74,800 sh Sole 74,800
ENERGEN CORP COM 29265N108 3,192 200,300 sh Sole 200,300
ENRON CORP OREGON COM 293561106 5,638 75,300 sh Sole 75,300
EQUITY OFFICE PPTYS TR COM 294741103 3,445 137,100 sh Sole 137,100
</TABLE>
3
<PAGE> 6
FORM 13F INFORMATION TABLE
<TABLE>
<CAPTION>
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
------------------ ---------------------
Value Shrs or sh/ put/ Investment Other Voting Authority
Name of Issuer Title of Class Cusip (x$1000) Prn Amt prn call Discretion Managers Sole Shared None
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
EQUITY RESIDENTIAL PPTYS TR SH BEN INT 29476L107 2,833 70,500 sh Sole 70,500
ETHAN ALLEN INTERIORS INC COM 297602104 1,250 50,000 sh Sole 50,000
EXXON MOBIL CORPORATION COM 30231G102 41,389 531,049 sh Sole 531,049
FAMILY DOLLAR STORES COM 307000109 1,457 70,000 sh Sole 70,000
FASTENAL CO COM 311900104 479 10,000 sh Sole 10,000
FED HOME LN MTG CORP COM 313400301 2,165 49,000 sh Sole 49,000
FEDERAL NATL MTG ASSN COM 313586109 8,202 145,000 sh Sole 145,000
FEDERATED DEPT STORES INC COM 31410H101 2,113 50,000 sh Sole 50,000
FEDEX CORP COM 31428X106 3,299 85,000 sh Sole 85,000
FIFTH THIRD BANCORP COM COM 316773100 1,852 29,400 sh Sole 29,400
FIRST DATA CORP COM 319963104 1,243 28,000 sh Sole 28,000
FIRST UNION CORP COM 337358105 2,775 74,500 sh Sole 74,500
FIRSTAR CORP COM 33763V109 2,294 100,000 sh Sole 100,000
FISERV INC COM 337738108 744 20,000 sh Sole 20,000
FLEET BOSTON FINL CORP COM 339030108 2,475 67,820 sh Sole 67,820
FORD MOTOR CO COM 345370100 459 10,000 sh Sole 10,000
FPL GROUP INC COM 302571104 4,201 91,200 sh Sole 91,200
FRANKLIN RES INC COM 354613101 1,338 40,000 sh Sole 40,000
FULLER H B CO COM 359694106 359 9,000 sh Sole 9,000
GANNETT INC COM 364730101 2,463 35,000 sh Sole 35,000
GAP INC COM 364760108 4,570 91,750 sh Sole 91,750
GATEWAY INC COM 367626108 1,326 25,000 sh Sole 25,000
GENERAL ELEC CO COM 369604103 85,899 551,962 sh Sole 551,962
GENERAL MILLS INC COM 370334104 2,106 58,200 sh Sole 58,200
GENERAL MTRS CORP CL H NEW 370442832 6,848 55,000 sh Sole 55,000
GENERAL MTRS CORP COM 370442105 38,922 470,000 sh Sole 470,000
GENUINE PARTS CO COM 372460105 239 10,000 sh Sole 10,000
GEORGIA PAC CORP COM-TIMBER GRP 373298702 372 14,500 sh Sole 14,500
GEORGIA PAC CORP COM GA PAC GRP 373298108 1,147 29,000 sh Sole 29,000
GETTY IMAGES INC COM 374276103 1,489 41,441 sh Sole 41,441
GILLETTE CO COM 375766102 5,578 148,000 sh Sole 148,000
GLOBAL CROSSING LTD COM G3921A100 3,573 87,285 sh Sole 87,285
GOLDMAN SACHS GROUP INC COM 38141G104 4,210 40,000 sh Sole 40,000
GRAINGER W W INC COM 384802104 2,642 48,700 sh Sole 48,700
GTE CORP COM 362320103 7,498 105,600 sh Sole 105,600
GUIDANT CORP COM 401698105 2,114 35,900 sh Sole 35,900
HALLIBURTON CO HLDG COM 406216101 3,023 73,500 sh Sole 73,500
HARTFORD FINL SERVICES GROUP INC COM 416515104 1,846 35,000 sh Sole 35,000
HARTFORD LIFE INC CL A 416592103 1,706 36,400 sh Sole 36,400
HEALTH MGMT ASSOC INC NEW CL A 421933102 712 49,968 sh Sole 49,968
</TABLE>
4
<PAGE> 7
FORM 13F INFORMATION TABLE
<TABLE>
<CAPTION>
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
------------------ ---------------------
Value Shrs or sh/ put/ Investment Other Voting Authority
Name of Issuer Title of Class Cusip (x$1000) Prn Amt prn call Discretion Managers Sole Shared None
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
HEINZ H J CO COM 423074103 1,004 28,800 sh Sole 28,800
HERSHEY FOODS CORP COM 427866108 995 20,400 sh Sole 20,400
HEWLETT PACKARD CO COM 428236103 16,410 123,500 sh Sole 123,500
HILFIGER TOMMY CORP ORD G8915Z102 725 50,000 sh Sole 50,000
HNC SOFTWARE INC COM 40425P107 1,412 19,600 sh Sole 19,600
HOME DEPOT INC COM 437076102 15,674 243,000 sh Sole 243,000
HONEYWELL INTERNATIONAL INC COM 438516106 6,323 120,000 sh Sole 120,000
HOUSEHOLD INTL INC COM 441815107 1,978 53,000 sh Sole 53,000
HUBBELL INC CL B 443510201 427 15,600 sh Sole 15,600
I2 TECHNOLOGIES INC COM 465754109 3,004 24,600 sh Sole 24,600
IBM CORP COM 459200101 26,939 228,300 sh Sole 228,300
ILLINOIS TOOL WKS INC COM 452308109 5,028 91,000 sh Sole 91,000
INTEL CORP COM 458140100 54,490 413,000 sh Sole 413,000
INTERNATIONAL PAPER CO COM 460146103 620 14,500 sh Sole 14,500
INTERPUBLIC GROUP COS INC COM 460690100 4,961 105,000 sh Sole 105,000
IPALCO ENTERPRISES INC COM 462613100 975 50,000 sh Sole 50,000
JABIL CIRCUIT INC COM 466313103 1,644 38,000 sh Sole 38,000
JEFFERSON PILOT CORP COM 475070108 1,997 30,000 sh Sole 30,000
JOHNSON & JOHNSON COM 478160104 11,433 162,751 sh Sole 162,751
JOHNSON CTLS INC COM 478366107 1,589 29,400 sh Sole 29,400
JUNIPER NETWORKS INC COM 48203R104 67,886 257,571 sh Sole 257,571
K MART CORPORATION COM 482584109 327 33,800 sh Sole 33,800
KEANE INC COM 486665102 1,962 77,700 sh Sole 77,700
KELLOGG CO COM 487836108 505 19,600 sh Sole 19,600
KIMBERLY CLARK CORP COM 494368103 7,765 138,509 sh Sole 138,509
KIMCO RLTY CORP COM 49446R109 1,211 32,300 sh Sole 32,300
KLA-TENCOR CORP COM 482480100 3,202 38,000 sh Sole 38,000
KOHLS CORP COM 500255104 2,460 24,000 sh Sole 24,000
KROGER CO COM 501044101 3,945 224,600 sh Sole 224,600
LANCASTER COLONY CORP COM 513847103 449 14,700 sh Sole 14,700
LEAR CORP COM 521865105 281 10,000 sh Sole 10,000
LENNAR CORP COM 526057104 434 20,000 sh Sole 20,000
LILLY ELI & CO COM 532457108 8,072 128,900 sh Sole 128,900
LINEAR TECHNOLOGY CORP COM 535678106 4,015 73,000 sh Sole 73,000
LORAL SPACE & COMMUNICATION LTD COM G56462107 405 40,000 sh Sole 40,000
LOWES COS INC COM 548661107 2,919 50,000 sh Sole 50,000
LUCENT TECHNOLOGIES INC COM 549463107 22,963 374,900 sh Sole 374,900
MACK-CALI REALTY CORP COM 554489104 816 32,000 sh Sole 32,000
MARRIOTT INTL INC NEW CL A 571903202 1,103 35,000 sh Sole 35,000
MARSH & MCLENNAN COS INC COM 571748102 3,861 35,000 sh Sole 35,000
</TABLE>
5
<PAGE> 8
FORM 13F INFORMATION TABLE
<TABLE>
<CAPTION>
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
------------------ ---------------------
Value Shrs or sh/ put/ Investment Other Voting Authority
Name of Issuer Title of Class Cusip (x$1000) Prn Amt prn call Discretion Managers Sole Shared None
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
MASCO CORP COM 574599106 2,050 100,000 sh Sole 100,000
MASCOTECH INC COM 574670105 185 15,000 sh Sole 15,000
MATTEL INC COM 577081102 202 19,200 sh Sole 19,200
MAXIM INTEGRATED PRODS INC COM 57772K101 7,035 99,000 sh Sole 99,000
MAY DEPT STORES CO COM 577778103 1,425 50,000 sh Sole 50,000
MBIA INC COM 55262C100 1,812 34,800 sh Sole 34,800
MBNA CORP COM 55262L100 2,879 112,900 sh Sole 112,900
MCDONALDS CORP COM 580135101 3,947 105,600 sh Sole 105,600
MCGRAW-HILL COMPANIES INC COM 580645109 319 7,000 sh Sole 7,000
MCI WORLDCOM INC COM 55268B106 16,809 370,950 sh Sole 370,950
MEAD CORP COM 582834107 454 13,000 sh Sole 13,000
MEDTRONIC INC COM 585055106 6,726 130,754 sh Sole 130,754
MELLON FINL CORP COM 58551A108 2,303 77,400 sh Sole 77,400
MERCK & CO INC COM 589331107 17,308 278,600 sh Sole 278,600
MERRILL LYNCH & CO INC COM 590188108 5,733 54,600 sh Sole 54,600
MGIC INVT CORP WIS COM 552848103 554 12,700 sh Sole 12,700
MICROCHIP TECHNOLOGY INC COM 595017104 5,918 90,000 sh Sole 90,000
MICRON TECHNOLOGY INC COM 595112103 3,654 29,000 sh Sole 29,000
MICROSOFT CORP COM 594918104 66,334 624,322 sh Sole 624,322
MINNESOTA MNG & MFG COM 604059105 4,800 54,200 sh Sole 54,200
MOLEX INC CL A 608554200 2,014 45,375 sh Sole 45,375
MONSANTO CO COM 611662107 4,790 93,000 sh Sole 93,000
MORGAN J P & CO INC COM 616880100 2,714 20,600 sh Sole 20,600
MORGAN STANLEY DEAN WITTER & CO COM 617446448 16,608 200,400 sh Sole 200,400
MOTOROLA INC COM 620076109 10,366 71,000 sh Sole 71,000
NEWPARK RESOURCES INC NEW COM 651718504 1,080 135,000 sh Sole 135,000
NEWS CORP LTD SP ADR PFD 652487802 3,581 75,000 sh Sole 75,000
NIKE INC CL B 654106103 396 10,000 sh Sole 10,000
NISOURCE INC COM 65473P105 2,899 171,800 sh Sole 171,800
NORDSTROM INC COM 655664100 1,106 37,500 sh Sole 37,500
NORFOLK SOUTHERN CORP COM 655844108 976 68,500 sh Sole 68,500
NORTEL NETWORKS CORP COM 656569100 29,979 237,692 sh Sole 237,692
NORTHERN TRUST CORP COM 665859104 2,912 43,100 sh Sole 43,100
NORTHPOINT COMMUNICATIONS COM 666610100 3,995 173,241 sh Sole 173,241
NUCOR CORP COM 670346105 2,500 50,000 sh Sole 50,000
OFFICE DEPOT INC COM 676220106 809 70,000 sh Sole 70,000
OM GROUP INC COM 670872100 1,547 34,000 sh Sole 34,000
OMNICOM GROUP INC COM 681919106 6,226 66,500 sh Sole 66,500
ORACLE CORPORATION COM 68389X105 9,368 120,000 sh Sole 120,000
OUTBACK STEAKHOUSE INC COM 689899102 2,244 70,000 sh Sole 70,000
</TABLE>
6
<PAGE> 9
FORM 13F INFORMATION TABLE
<TABLE>
<CAPTION>
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
------------------ ---------------------
Value Shrs or sh/ put/ Investment Other Voting Authority
Name of Issuer Title of Class Cusip (x$1000) Prn Amt prn call Discretion Managers Sole Shared None
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
PARAMETRIC TECHNOLOGY CORP COM 699173100 3,096 147,000 sh Sole 147,000
PAYCHEX INC COM 704326107 7,304 139,450 sh Sole 139,450
PENNEY J C INC COM 708160106 373 25,089 sh Sole 25,089
PEOPLESOFT INC COM 712713106 640 32,000 sh Sole 32,000
PEPSICO INC COM 713448108 8,279 237,400 sh Sole 237,400
PFIZER INC COM 717081103 16,585 453,600 sh Sole 453,600
PHARMACIA & UPJOHN INC COM 716941109 3,646 61,270 sh Sole 61,270
PHELPS DODGE CORP COM 717265102 474 10,000 sh Sole 10,000
PHILLIPS PETE CO COM 718507106 888 19,200 sh Sole 19,200
PMC-SIERRA INC COM 69344F106 13,050 64,070 sh Sole 64,070
POWERTEL INC COM 73936C109 2,705 39,100 sh Sole 39,100
PROCTER & GAMBLE CO COM 742718109 9,119 161,400 sh Sole 161,400
PROXICOM INC COM 744282104 886 20,000 sh Sole 20,000
PULTE CORP COM 745867101 647 31,000 sh Sole 31,000
QWEST COMMUNICATIONS INTL INC COM 749121109 9,749 203,100 sh Sole 203,100
RATIONAL SOFTWARE CORP COM 75409P202 1,576 20,600 sh Sole 20,600
RAYTHEON CO CL A 755111309 564 30,000 sh Sole 30,000
RHYTHMS NETCONNECTIONS INC COM 762430205 1,473 40,000 sh Sole 40,000
ROPER INDS INC NEW COM 776696106 170 5,000 sh Sole 5,000
ROYAL DUTCH PETE CO NY REG GLD1.25 780257804 19,009 328,800 sh Sole 328,800
S1 CORPORATION COM 78463B101 593 6,923 sh Sole 6,923
SAFEWAY INC COM 786514208 4,321 95,500 sh Sole 95,500
SANMINA CORP COM 800907107 4,054 60,000 sh Sole 60,000
SARA LEE CORPORATION COM 803111103 3,190 177,200 sh Sole 177,200
SBC COMMUNICATIONS INC COM 78387G103 17,832 423,318 sh Sole 423,318
SCHERING PLOUGH CORP COM 806605101 6,367 171,500 sh Sole 171,500
SCHLUMBERGER LTD COM 806857108 8,224 107,500 sh Sole 107,500
SCHWAB CHARLES CORP NEW COM 808513105 2,273 40,000 sh Sole 40,000
SCIENT CORP COM 80864H109 7,447 82,112 sh Sole 82,112
SEALED AIR CORP NEW COM 81211K100 1,065 19,600 sh Sole 19,600
SEARS ROEBUCK & CO COM 812387108 1,302 42,500 sh Sole 42,500
SIGCORP INC COM 826912107 2,366 92,800 sh Sole 92,800
SIMON PROPERTY GROUP INC COM 828806109 2,128 91,300 sh Sole 91,300
SODEXHO MARRIOTT SERVICES INC COM 833793102 93 6,200 sh Sole 6,200
SOLECTRON CORP COM 834182107 1,204 30,000 sh Sole 30,000
SOUTHERN CO COM 842587107 2,634 121,100 sh Sole 121,100
SOUTHWEST AIRLINES CO COM 844741108 6,244 300,000 sh Sole 300,000
SPIEKER PROPERTIES INC COM 848497103 1,464 32,900 sh Sole 32,900
SPRINT CORP COM FON GROUP 852061100 8,792 139,000 sh Sole 139,000
SPRINT CORP PCS COM SER 1 852061506 6,930 105,800 sh Sole 105,800
</TABLE>
7
<PAGE> 10
FORM 13F INFORMATION TABLE
<TABLE>
<CAPTION>
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
------------------ ---------------------
Value Shrs or sh/ put/ Investment Other Voting Authority
Name of Issuer Title of Class Cusip (x$1000) Prn Amt prn call Discretion Managers Sole Shared None
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
STAPLES INC COM 855030102 1,436 71,800 sh Sole 71,800
STARBUCKS CORP COM 855244109 1,407 31,400 sh Sole 31,400
STATE STREET CORP COM 857477103 1,899 19,600 sh Sole 19,600
SUN MICROSYSTEMS INC COM 866810104 17,260 184,200 sh Sole 184,200
SUNTRUST BANKS INC COM 867914103 2,091 36,200 sh Sole 36,200
SYNOPSYS INC COM 871607107 1,770 36,300 sh Sole 36,300
SYSCO COM 871829107 1,246 34,500 sh Sole 34,500
TARGET CORP COM 87612E106 4,156 55,600 sh Sole 55,600
TAUBMAN CTRS INC COM 876664103 310 27,900 sh Sole 27,900
TECHNOLOGY SOLUTIONS CO COM 87872T108 411 45,000 sh Sole 45,000
TECO ENERGY COM 872375100 1,944 100,000 sh Sole 100,000
TELIGENT INC CL A 87959Y103 1,336 20,000 sh Sole 20,000
TELLABS INC COM 879664100 8,925 141,700 sh Sole 141,700
TETRA TECH INC NEW COM 88162G103 3,088 130,000 sh Sole 130,000
TEXACO INC COM 881694103 3,424 63,700 sh Sole 63,700
TEXAS INSTRS INC COM 882508104 16,480 103,000 sh Sole 103,000
TEXTRON INC COM 883203101 2,922 48,000 sh Sole 48,000
THREE COM CORP COM 885535104 1,090 19,600 sh Sole 19,600
TIME WARNER INC COM 887315109 17,000 170,000 sh Sole 170,000
TOOTSIE ROLL INDS INC COM 890516107 318 10,094 sh Sole 10,094
TRANSOCEAN SEDCO FOREX INC COM G90078109 1,093 21,296 sh Sole 21,296
TRIBUNE COMPANY COM 896047107 548 15,000 sh Sole 15,000
TYCO INTERNATIONAL LTD COM 902124106 13,017 259,700 sh Sole 259,700
UNILEVER NV NY SHS 904784709 2,019 41,957 sh Sole 41,957
UNION CARBIDE CORP COM 905581104 338 5,800 sh Sole 5,800
UNION PACIFIC CORP COM 907818108 1,174 30,000 sh Sole 30,000
UNION PACIFIC RESOURCES GRP COM 907834105 210 14,500 sh Sole 14,500
UNITED PARCEL SERVICE CL B 911312106 1,575 25,000 sh Sole 25,000
UNITED TECHNOLOGIES CORP COM 913017109 4,739 75,000 sh Sole 75,000
UNIVERSAL HEALTH SVCS INC CL B 913903100 368 7,500 sh Sole 7,500
UNOCAL CORPORATION COM 915289102 431 14,500 sh Sole 14,500
US BANCORP COM 902973106 2,463 112,600 sh Sole 112,600
VALSPAR CORP COM 920355104 4,168 108,800 sh Sole 108,800
VERITAS SOFTWARE CO COM 923436109 13,873 105,900 sh Sole 105,900
VIACOM INC CL B 925524308 2,110 40,000 sh Sole 40,000
VODAFONE AIRTOUCH PLC SPONSORED ADR 92857T107 14,605 262,850 sh Sole 262,850
VULCAN MATLS CO COM 929160109 449 9,800 sh Sole 9,800
WACHOVIA CORP NEW COM 929771103 1,959 29,000 sh Sole 29,000
WAL MART STORES INC COM 931142103 30,177 534,100 sh Sole 534,100
WALGREEN CO COM 931422109 2,446 95,000 sh Sole 95,000
</TABLE>
8
<PAGE> 11
FORM 13F INFORMATION TABLE
<TABLE>
<CAPTION>
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
------------------ ---------------------
Value Shrs or sh/ put/ Investment Other Voting Authority
Name of Issuer Title of Class Cusip (x$1000) Prn Amt prn call Discretion Managers Sole Shared None
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
WARNER LAMBERT CO COM 934488107 9,637 98,648 sh Sole 98,648
WASHINGTON MUTUAL INC COM 939322103 909 34,300 sh Sole 34,300
WASTE MANAGEMENT INC COM 94106L109 274 20,000 sh Sole 20,000
WELLPOINT HLTH NETWORKS INC NEW COM 94973H108 571 8,167 sh Sole 8,167
WELLS FARGO & CO NEW COM 949746101 12,335 302,700 sh Sole 302,700
WEYERHAEUSER CO COM 962166104 2,526 44,308 sh Sole 44,308
WHIRLPOOL CORP COM 963320106 2,345 40,000 sh Sole 40,000
WILLIAMETTE INDUS COM 969133107 1,766 44,000 sh Sole 44,000
WILLIAMS COS INC COM 969457100 2,083 47,400 sh Sole 47,400
WILLIAMS SONOMA INC COM 969904101 930 30,000 sh Sole 30,000
WINSTAR COMMUNICATIONS INC COM 975515107 1,350 22,500 sh Sole 22,500
WRIGLEY WM JR CO COM 982526105 2,258 29,400 sh Sole 29,400
XEROX CORP COM 984121103 1,820 70,000 sh Sole 70,000
XILINX INC COM 983919101 14,078 170,000 sh Sole 170,000
YAHOO INC COM 984332106 5,774 33,694 sh Sole 33,694
</TABLE>
9
