CAPITAL RESEARCH & MANAGEMENT CO
13F-HR, 1999-11-12
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                      UNITED STATES
            SECURITIES AND EXCHANGE COMMISSION
                 Washington, D.C. 20549

                        Form 13F

                   Form 13F COVER PAGE

Report for the Calendar Year or Quarter Ended: September 30, 1999

Check here if Amendment [ ]; Amendment Number: ____
This Amendment (Check only one.): [ ] is a restatement.
                                  [ ] adds new holdings
                                      entries.
Institutional Investment Manager Filing this Report:

Name:    Capital Research and Management Company
Address: 333 South Hope Street, 55th Floor
         Los Angeles, California  90071-1447

Form 13F File Number: 28-157

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:  Paul G. Haaga, Jr.
Title: Executive Vice President
Phone: 213/486-9216

Signature, Place, and Date of Signing:

Paul G. Haaga, Jr.*   Los Angeles, California      11/12/99
- --------------------  ---------------------------  ----------
[Signature]           [City, State]                [Date]

*By:  /s/ James P. Ryan
      --------------------
       James P. Ryan
       Attorney-in-fact

Signed pursuant to a Power of Attorney dated January 29, 1999
included as an Exhibit to Schedule 13G filed with the
Securities and Exchange Commission by Capital Research and
Management Company with respect to ABR Information Services, Inc.

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

     28-218                     The Capital Group Companies, Inc.


<PAGE>
                       Form 13F SUMMARY PAGE

     Report Summary:


     Number of Other Included Managers:        1

     Form 13F Information Table Entry Total:   861

     Form 13F Information Table Value Total:   $188358193
                                                -----------
                                                (thousands)

      Pursuant to regulation section 240.24b-2, certain confidential
      material has been filed with the Secretary of the Securities
      and Exchange Commission for non-public treatment.

     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.]

     No.   Form 13F File Number      Name

     1     28-218                    The Capital Group Companies, Inc.
<PAGE>
<TABLE>
CAPITAL RESEARCH AND MANAGEMENT COMPANY             FORM 13F INFORMATION TABLE#                                     SEP 30, 1999

              COLUMN 1 & COLUMN 2        COLUMN 3  COLUMN 4       COLUMN 5         COLUMN 6   COLUMN 7*       COLUMN 8
- --------------------------------------   --------- --------- --------------------- ---------- --------- -------------------------
      NAME OF ISSUER/TITLE OF CLASS       CUSIP    VALUE     SHRS OR      SH/ PUT/ INVESTMENT OTHER
   (COMMON UNLESS OTHERWISE INDICATED)             (x$1000)  PRN AMT      PRN CALL DISCRETION MGRS      SOLE     SHARED     NONE
- --------------------------------------   --------- --------- --------------------- ---------- --------- -------------------------
<S>                                      <C>       <C>       <C>          <C> <C>  <C>        <C>       <C>      <C>      <C>
20TH CENTURY INDUSTRIES INC              901272203 $   77500      4000000 SH       DEFINED     1                          4000000
3COM CORP                                885535104    291956     10155000 SH       DEFINED     1                         10155000
AAVID THERMAL TECHNOLOGIES               002539104      7624       337900 SH       DEFINED     1                           337900
ABBOTT LABORATORIES                      002824100    306826      8349000 SH       DEFINED     1                          8349000
ABITIBI-CONSOLIDATED INC C$              003924107    114251      9500000 SH       DEFINED     1                          9500000
ACXIOM CORP                              005125109     10811       550000 SH       DEFINED     1                           550000
ADAPTEC INC                              00651F108    283266      7137400 SH       DEFINED     1                          7137400
ADAPTEC INC CV SUB NT 4.75% 02/01/04     00651FAC2     14100    $15000000 PRN      DEFINED     1                        $15000000
ADC TELECOMMUNICATIONS INC               000886101     23066       550000 SH       DEFINED     1                           550000
ADOBE SYSTEMS INC                        00724F101     17593       155000 SH       DEFINED     1                           155000
ADVANCED MICRO DEVICES INC               007903107    185625     10800000 SH       DEFINED     1                         10800000
AETNA INC                                008117103    427193      8673967 SH       DEFINED     1                          8673967
AHL SERVICES INC                         001296102     10422       399900 SH       DEFINED     1                           399900
AIR PRODS & CHEMICAL                     009158106    238022      8190000 SH       DEFINED     1                          8190000
AIRGAS INC                               009363102     51457      4426400 SH       DEFINED     1                          4426400
ALASKA AIR GROUP                         011659109     20344       500000 SH       DEFINED     1                           500000
ALBERTA ENERGY CO LTD C$                 012873105     48406      1675500 SH       DEFINED     1                          1675500
ALBERTSON'S INC                          013104104   1479224     37389540 SH       DEFINED     1                         37389540
ALCOA INC                                013817101   1091400     17585500 SH       DEFINED     1                         17585500
ALEXANDER & BALDWIN INC                  014482103     61478      2575000 SH       DEFINED     1                          2575000
ALLEGHENY TELEDYNE INC                   017415100    154081      9130700 SH       DEFINED     1                          9130700
ALLIANCE ATLANTIS COMM CL B N/V C$       01853E204      9978       989450 SH       DEFINED     1                           989450
ALLIED WASTE INDS                        019589308    241639     20675000 SH       DEFINED     1                         20675000
ALLIEDSIGNAL INC                         019512102    993764     16580000 SH       DEFINED     1                         16580000
ALLSTATE CORP (THE)                      020002101    974433     39075000 SH       DEFINED     1                         39075000
ALTERA CORP                              021441100    370796      8548600 SH       DEFINED     1                          8548600
ALZA CORP                                022615108     49234      1150000 SH       DEFINED     1                          1150000
AMB PROPERTY CORPORATION                 00163T109     87398      4125000 SH       DEFINED     1                          4125000
AMER CLASSIC VOYAGES                     024928103     13763       600000 SH       DEFINED     1                           600000
AMEREN CORPORATION                       023608102    384001     10155400 SH       DEFINED     1                         10155400
AMERICAN CAPITAL STRATEGIES              024937104     13413       725000 SH       DEFINED     1                           725000
AMERICAN DENTAL PARTNERS INC             025353103      5371       443000 SH       DEFINED     1                           443000
AMERICAN ELECTRIC POWER CO INC           025537101    411309     12053000 SH       DEFINED     1                         12053000
AMERICAN EXPRESS CO                      025816109     40388       300000 SH       DEFINED     1                           300000
AMERICAN GENERAL CORP                    026351106    857511     13570900 SH       DEFINED     1                         13570900
AMERICAN GREETINGS CORP CL A             026375105     89481      3475000 SH       DEFINED     1                          3475000
AMERICAN HEALTHCORP INC                  02649V104      3197       522000 SH       DEFINED     1                           522000
AMERICAN HOME PRODUCTS CORP              026609107    116200      2800000 SH       DEFINED     1                          2800000
AMERICAN INTL GROUP                      026874107    575248      6616796 SH       DEFINED     1                          6616796
AMERICAN TOWER CORP CL A                 029912201     25431      1300000 SH       DEFINED     1                          1300000
AMERICAN WATER WORKS CO INC              030411102     62216      2150000 SH       DEFINED     1                          2150000
AMERITECH CORP                           030954101   1416796     21087200 SH       DEFINED     1                         21087200
AMF BOWLING CV DEB 0.00% 05/12/18 144A   03113VAA7      5992    $64777000 PRN      DEFINED     1                        $64777000
AMFM INC                                 001693100    257848      4235700 SH       DEFINED     1                          4235700
AMGEN INC                                031162100    220050      2700000 SH       DEFINED     1                          2700000
AMR CORPORATION                          001765106    706473     12962800 SH       DEFINED     1                         12962800
AMSOUTH BANCORP                          032165102    137109      5850000 SH       DEFINED     1                          5850000
AMSURG CORP CL A                         03232P108      1594       250000 SH       DEFINED     1                           250000
AMSURG CORP CL B                         03232P207      1937       309972 SH       DEFINED     1                           309972
AMWAY JAPAN ADR                          03234J100      2616       581250 SH       DEFINED     1                           581250
ANALOG DEVICES                           032654105    329110      6421665 SH       DEFINED     1                          6421665
ANDRX CORPORATION                        034551101     73749      1260000 SH       DEFINED     1                          1260000
ANESTA CORP                              034603100      6799       740000 SH       DEFINED     1                           740000
ANNTAYLOR STORES                         036115103      6131       150000 SH       DEFINED     1                           150000
ANTEC CORP                               03664P105     38250       720000 SH       DEFINED     1                           720000
ANTENNA TV SA ADR                        03672N100     10385      1122700 SH       DEFINED     1                          1122700
AON CORP                                 037389103    507189     17156500 SH       DEFINED     1                         17156500
APACHE CORP                              037411105    132029      3057100 SH       DEFINED     1                          3057100
APARTMENT INVT & MGMT CO CL A            03748R101     64451      1685000 SH       DEFINED     1                          1685000
APEX INC                                 037548104     17847       955000 SH       DEFINED     1                           955000
APOLLO GROUP INC CL A                    037604105     20597       975000 SH       DEFINED     1                           975000
APP FINANCE (VI) MAURITIUS LTD LYON      00202NAA3     16560   $144000000 PRN      DEFINED     1                       $144000000
  0.00% 11-18-12
APPLIED MATERIALS                        038222105    797074     10260000 SH       DEFINED     1                         10260000
APPLIED MICRO CIRCUITS CORP              03822W109     60488      1061200 SH       DEFINED     1                          1061200
ARCHER DANIELS MIDLAND CO                039483102    178303     14630000 SH       DEFINED     1                         14630000
ARCHSTONE COMMUN TR                      039581103    103957      5382870 SH       DEFINED     1                          5382870
ARMSTRONG WORLD INDS                     042476101     22469       500000 SH       DEFINED     1                           500000
ASHLAND INC                              044204105    254837      7578800 SH       DEFINED     1                          7578800
ASPECT DEVELOPMENT INC                   045234101      6708       265000 SH       DEFINED     1                           265000
ASPEN TECHNOLOGY INC                     045327103      7573       776700 SH       DEFINED     1                           776700
ASSOC 1ST CAPL CL A                      046008108    111487      3096872 SH       DEFINED     1                          3096872
ASSOCIATED BANC-CORP                     045487105     19018       525550 SH       DEFINED     1                           525550
ASTRAZENECA PLC ADR                      046353108    315813      7474866 SH       DEFINED     1                          7474866
AT&T CORP                                001957109   2357081     54185775 SH       DEFINED     1                         54185775
AT&T CORP LIBERTY MEDIA GROUP CL A       001957208   2714580     73120008 SH       DEFINED     1                         73120008
ATI TECHNOLOGIES INC C$                  001941103     11004      1000000 SH       DEFINED     1                          1000000
ATLANTIC COAST AIRLINES HOLDINGS INC     048396105     22507      1268000 SH       DEFINED     1                          1268000
ATLANTIC RICHFIELD                       048825103   1177303     13284100 SH       DEFINED     1                         13284100
AUTODESK INC                             052769106     96132      4394600 SH       DEFINED     1                          4394600
AUTOZONE INC                             053332102    222816      7940000 SH       DEFINED     1                          7940000
AVANT IMMUNOTHERAPEUTICS                 053491106      1063       500000 SH       DEFINED     1                           500000
AVERY DENNISON CORP                      053611109     44310       840000 SH       DEFINED     1                           840000
AVIRON                                   053762100     15379       634200 SH       DEFINED     1                           634200
AVON PRODUCTS INC                        054303102    289282     11658700 SH       DEFINED     1                         11658700
BAKER HUGHES                             057224107    373346     12874000 SH       DEFINED     1                         12874000
BALLY TOTAL FITNESS HLDG CORP            05873K108     35468      1160500 SH       DEFINED     1                          1160500
BANCO DE GALICIA ADR B SPON              059538207     18812       903862 SH       DEFINED     1                           903862
BANCO RIO DE LA PLATA B SPON ADR         059644104      2376       221000 SH       DEFINED     1                           221000
BANCO SANTANDER CENTRAL HISPANO ADR      05964H105     22721      2203200 SH       DEFINED     1                          2203200
BANCWEST CORP                            059790105     99491      2449000 SH       DEFINED     1                          2449000
BANK OF AMERICA CORP                     060505104   3448313     61922568 SH       DEFINED     1                         61922568
BANK OF NEW YORK                         064057102    575125     17200000 SH       DEFINED     1                         17200000
BANK OF TOKYO-MITSUBISHI LTD SPON ADR    065379109     31008      2025000 SH       DEFINED     1                          2025000
BANK ONE CORP                            06423A103    892993     25651512 SH       DEFINED     1                         25651512
BANKBOSTON CORP                          06605R106    344839      7950180 SH       DEFINED     1                          7950180
BARRICK GOLD CORP US$                    067901108    358875     16500000 SH       DEFINED     1                         16500000
BAXTER INTERNATIONAL                     071813109    192800      3200000 SH       DEFINED     1                          3200000
BECTON DICKINSON CO                      075887109    185774      6620000 SH       DEFINED     1                          6620000
BELL ATLANTIC                            077853109     13463       200000 SH       DEFINED     1                           200000
BELO A H CL A                            080555105     77934      4075000 SH       DEFINED     1                          4075000
BERINGER WINE ESTATES HOLDINGS INC CL B  084102102     44060      1073000 SH       DEFINED     1                          1073000
BERKSHIRE HATHAWAY INC CL A              084670108     87230         1586 SH       DEFINED     1                             1586
BESTFOODS                                08658U101    218425      4503600 SH       DEFINED     1                          4503600
BHC COMM CL A                            055448104     56477       404850 SH       DEFINED     1                           404850
BIOCHEM PHARMA INC US$                   09058T108     49311      2060000 SH       DEFINED     1                          2060000
BIOGEN INC                               090597105    102456      1300000 SH       DEFINED     1                          1300000
BJ SERVICES                              055482103     38175      1200000 SH       DEFINED     1                          1200000
BLACK BOX CORPORATION                    091826107     86536      1648300 SH       DEFINED     1                          1648300
BMC SOFTWARE INC                         055921100     50094       700000 SH       DEFINED     1                           700000
BOEING CO                                097023105    992186     23277100 SH       DEFINED     1                         23277100
BOMBAY COMPANY                           097924104     15775      3116100 SH       DEFINED     1                          3116100
BOSTON PROPERTIES INC                    101121101    108928      3549600 SH       DEFINED     1                          3549600
BOWATER INC                              102183100    149888      2855000 SH       DEFINED     1                          2855000
BP AMOCO PLC ADR                         055622104    231890      2092632 SH       DEFINED     1                          2092632
BRADLEY REAL ESTATE INC                  104580105     19202      1045000 SH       DEFINED     1                          1045000
BRIGGS & STRATTON                        109043109     36724       629100 SH       DEFINED     1                           629100
BRIGHT HORIZONS FAMILY SOLUTIONS         109195107     16406      1050000 SH       DEFINED     1                          1050000
BRINKER INTL INC                         109641100    141050      5200000 SH       DEFINED     1                          5200000
BRISTOL-MYERS SQUIBB                     110122108   1949535     28882000 SH       DEFINED     1                         28882000
BURLINGTON NORTHERN SANTA FE CORP        12189T104    173938      6325000 SH       DEFINED     1                          6325000
BUSH BOAKE ALLEN INC                     123162109     14074       533600 SH       DEFINED     1                           533600
C H ROBINSON WORLDWIDE INC               12541W100      3369       100000 SH       DEFINED     1                           100000
CABLEVISION SYSTEMS CORP NEW CL A        12686C109    145500      2000000 SH       DEFINED     1                          2000000
CABOT INDUSTRIAL TRUST                   127072106     13379       695000 SH       DEFINED     1                           695000
CADIZ INC                                127537108     21344      2232000 SH       DEFINED     1                          2232000
CAMBREX CORP                             132011107     66887      2530000 SH       DEFINED     1                          2530000
CAPITAL ONE FINANCIAL CORP               14040H105    189735      4865000 SH       DEFINED     1                          4865000
CARDINAL HEALTH INC                      14149Y108    418014      7669989 SH       DEFINED     1                          7669989
CARNIVAL CORP                            143658102    525306     12076000 SH       DEFINED     1                         12076000
CAROLINA PWR & LIGHT                     144141108    405044     11450000 SH       DEFINED     1                         11450000
CARRAMERICA RLTY                         144418100     45411      2070000 SH       DEFINED     1                          2070000
CASELLA WASTE SYSTEMS INC CL A           147448104      8386       502500 SH       DEFINED     1                           502500
CATELLUS DEVELOPMENT                     149111106      5875       500000 SH       DEFINED     1                           500000
CATERPILLAR INC                          149123101    376946      6877000 SH       DEFINED     1                          6877000
CB RICHARD ELLIS SVS GROUP INC           12489L108     18335      1212200 SH       DEFINED     1                          1212200
CBS CORPORATION                          12490K107    376706      8145000 SH       DEFINED     1                          8145000
CBT GROUP PLC SPON ADR                   124853300     33244      1350000 SH       DEFINED     1                          1350000
CELESTIAL SEASONINGS INC                 151016102     10203       530000 SH       DEFINED     1                           530000
CEMEX NEW CPO ADR UNIT(2 A SHS+ 1 B SHR) 151290889    144605      5994006 SH       DEFINED     1                          5994006
CENDANT CORPORATION                      151313103   1654707     93222907 SH       DEFINED     1                         93222907
CENTERPOINT PROPERTIES CORP              151895109     19176       580000 SH       DEFINED     1                           580000
CENTRAL/SOUTHWEST                        152357109    379528     17965800 SH       DEFINED     1                         17965800
CENTURYTEL INC                           156700106    164851      4057875 SH       DEFINED     1                          4057875
CHAMPION INTL CORP                       158525105    332910      6480000 SH       DEFINED     1                          6480000
CHARTER ONE FINL INC                     160903100     83018      3589954 SH       DEFINED     1                          3589954
CHASE MANHATTAN NEW                      16161A108   1015339     13470500 SH       DEFINED     1                         13470500
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CHECK POINT SOFTWARE TECH                162775902     25652       303800 SH       DEFINED     1                           303800
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CHEVRON CORP                             166751107   1379219     15540500 SH       DEFINED     1                         15540500
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CHINA TELECOM (HONG KONG) LTD SPON ADR   169428109     21362       345600 SH       DEFINED     1                           345600
CHOICEPOINT INC                          170388102     24080       357400 SH       DEFINED     1                           357400
CHRIS CRAFT INDS INC                     170520100     96425      1718040 SH       DEFINED     1                          1718040
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  01/31/36
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CLARK/BARDES HOLDINGS INC                180668105      9308       451300 SH       DEFINED     1                           451300
CLEAR CHANNEL COMM                       184502102     98825      1237249 SH       DEFINED     1                          1237249
CNET INC                                 125945105     25838       461400 SH       DEFINED     1                           461400
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COLGATE-PALMOLIVE CO                     194162103    462537     10110100 SH       DEFINED     1                         10110100
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COMCAST CL A SPECIAL                     200300200    581041     14571568 SH       DEFINED     1                         14571568
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COMMERCE BANCORP INC NJ                  200519106     13320       320971 SH       DEFINED     1                           320971
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CONECTIV                                 206829103     66725      3400000 SH       DEFINED     1                          3400000
CONOCO INC CL A                          208251306    689282     24839000 SH       DEFINED     1                         24839000
CONOCO INC CL B                          208251405    635834     23226825 SH       DEFINED     1                         23226825
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CONSTELLATION ENERGY GROUP INC           210371100    312188     11100000 SH       DEFINED     1                         11100000
COPEL PNB SPON ADR                       20441B407     16396      2498373 SH       DEFINED     1                          2498373
COR THERAPEUTICS INC                     217753102     10589       557300 SH       DEFINED     1                           557300
CORNING INC                              219350105    921274     13437000 SH       DEFINED     1                         13437000
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COST PLUS INC                            221485105     30555       630000 SH       DEFINED     1                           630000
CROSS TIMBERS OIL CO                     227573102      5265       390000 SH       DEFINED     1                           390000
CROWN CASTLE INTL CORP                   228227104     57092      3050000 SH       DEFINED     1                          3050000
CROWN CORK & SEAL                        228255105     55775      2300000 SH       DEFINED     1                          2300000
CROWN CORK & SEAL CO CV PF 4.50% 2-26-00 228255303     22424      1005000 SH       DEFINED     1                          1005000
CSX CORP                                 126408103    359128      8475000 SH       DEFINED     1                          8475000
CUMMINS ENGINE CO                        231021106     84681      1700000 SH       DEFINED     1                          1700000
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CYMER INC                                232572107     54002      1556800 SH       DEFINED     1                          1556800
CYPRESS SEMICONDUCTOR CORP               232806109     56653      2635000 SH       DEFINED     1                          2635000
D*I*I* GROUP INC                         232949107     11436       325000 SH       DEFINED     1                           325000
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DANA CORP                                235811106    533483     14369900 SH       DEFINED     1                         14369900
DANAHER CORP                             235851102     21075       400000 SH       DEFINED     1                           400000
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DEERE & CO                               244199105    747636     19325000 SH       DEFINED     1                         19325000
DELTA AIR LINES INC                      247361108    293362      6048700 SH       DEFINED     1                          6048700
DELUXE CORPORATION                       248019101     74800      2200000 SH       DEFINED     1                          2200000
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DIEBOLD INC                              253651103     16188       700000 SH       DEFINED     1                           700000
DIGENE CORP                              253752109      9900       800000 SH       DEFINED     1                           800000
DIGEX INC CL A                           253756100     25050      1057500 SH       DEFINED     1                          1057500
DILLARD'S INC CL A                       254067101    111719      5500000 SH       DEFINED     1                          5500000
DOCUMENTUM INC                           256159104     28221      1305000 SH       DEFINED     1                          1305000
DOLE FOOD CO                             256605106     54370      2861600 SH       DEFINED     1                          2861600
DOLLAR GENERAL CORP                      256669102     96870      3137500 SH       DEFINED     1                          3137500
DOMINION RESOURCES                       257470104    236906      5250000 SH       DEFINED     1                          5250000
DOVER CORP                               260003108    310262      7590500 SH       DEFINED     1                          7590500
DOW CHEMICAL CO                          260543103    994616      8753500 SH       DEFINED     1                          8753500
DOW JONES & CO INC                       260561105    430886      8072800 SH       DEFINED     1                          8072800
DPL INC                                  233293109     51113      2900000 SH       DEFINED     1                          2900000
DQE INC                                  23329J104     31300       800000 SH       DEFINED     1                           800000
DRUGSTORE.COM                            262241102       718        19800 SH       DEFINED     1                            19800
DSP COMMUNICATIONS INC                   23332K106     20805      1095000 SH       DEFINED     1                          1095000
DTE ENERGY CO                            233331107    260642      7215000 SH       DEFINED     1                          7215000
DU PONT EI DE NEMOUR                     263534109    372899      6125649 SH       DEFINED     1                          6125649
DUKE ENERGY CORP                         264399106    446799      8105200 SH       DEFINED     1                          8105200
DUKE-WEEKS REALTY CORP                   264411505     13051       669300 SH       DEFINED     1                           669300
DUN & BRADSTREET CORP (THE) NEW          26483B106    218984      7330000 SH       DEFINED     1                          7330000
DUPONT PHOTOMASKS INC                    26613X101     21649       470000 SH       DEFINED     1                           470000
DURA PHARMACEUTICALS INC                 26632S109      4181       300000 SH       DEFINED     1                           300000
E4L INC                                  268452109      8148      2137200 SH       DEFINED     1                          2137200
EASTMAN CHEMICAL CO                      277432100     18000       450000 SH       DEFINED     1                           450000
EASTMAN KODAK CO                         277461109    673770      8931500 SH       DEFINED     1                          8931500
EATON CORP                               278058102    343429      3978900 SH       DEFINED     1                          3978900
ECI TELECOM LTD                          268258100    107020      4335000 SH       DEFINED     1                          4335000
EDISON INTL                              281020107     76220      3135000 SH       DEFINED     1                          3135000
EFFICIENT NETWORKS INC                   282056100     21978       604200 SH       DEFINED     1                           604200
EL PASO ENERGY CORP                      283905107     22295       560000 SH       DEFINED     1                           560000
ELAN CORP PLC ADR                        284131208    599681     17867600 SH       DEFINED     1                         17867600
ELCOR CORP                               284443108     31250      1250000 SH       DEFINED     1                          1250000
ELECTRONIC DATA SYSTEMS CORP             285661104    423500      8000000 SH       DEFINED     1                          8000000
ELECTRONICS FOR IMAGING                  286082102     35984       700000 SH       DEFINED     1                           700000
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EMBRATEL PARTICIPACOES PN ADR            29081N100     40031      3500000 SH       DEFINED     1                          3500000
EMERSON ELEC CO                          291011104    250981      3972000 SH       DEFINED     1                          3972000
EMPRESA NAC ELEC ADR (CHILE)             29244T101      7780       598487 SH       DEFINED     1                           598487
ENCAL ENERGY LTD C$                      29250D107     21532      4000000 SH       DEFINED     1                          4000000
ENGAGE TECHNOLOGIES INC                  292827102      3742        99300 SH       DEFINED     1                            99300
ENHANCE FINL SERV GP                     293310108      6497       367306 SH       DEFINED     1                           367306
ENTERGY CORP NEW                         29364G103    131666      4550000 SH       DEFINED     1                          4550000
EOG RESOURCES INC                        26875P101    115813      5450000 SH       DEFINED     1                          5450000
EQUANT NV NY SHRS                        294409107      7145        87800 SH       DEFINED     1                            87800
EQUIFAX INC                              294429105     21094       750000 SH       DEFINED     1                           750000
EQUITABLE RESOURCES                      294549100     64187      1697500 SH       DEFINED     1                          1697500
EQUITY RESIDENTIAL PROPERTIES TRUST      29476L107    207849      4905000 SH       DEFINED     1                          4905000
ERICSSON CL B ADR                        294821400    566875     18140000 SH       DEFINED     1                         18140000
ETEC SYSTEMS INC                         26922C103     46151      1226600 SH       DEFINED     1                          1226600
EXTENDED STAY AMERICA INC                30224P101     36000      4000000 SH       DEFINED     1                          4000000
EXTREME NETWORKS                         30226D106      8769       138500 SH       DEFINED     1                           138500
EXXON CORP                               302290101    331847      4370000 SH       DEFINED     1                          4370000
FDX CORPORATION                          31304N107    442525     11420000 SH       DEFINED     1                         11420000
FED HOME LN MTG CORP                     313400301    230620      4435000 SH       DEFINED     1                          4435000
FEDERAL MOGUL CORP                       313549107    105471      3826600 SH       DEFINED     1                          3826600
FEDERAL NATIONAL MTG                     313586109   2229544     35566000 SH       DEFINED     1                         35566000
FEDERATED DEPT STRS                      31410H101     25776       590000 SH       DEFINED     1                           590000
FELCOR LODGING TRUST                     31430F101     11813       675000 SH       DEFINED     1                           675000
FERRO CORP                               315405100     14799       694400 SH       DEFINED     1                           694400
FINOVA GROUP INC                         317928109     13140       360000 SH       DEFINED     1                           360000
FIRST DATA CORP                          319963104    259959      5925000 SH       DEFINED     1                          5925000
FIRST HEALTH GP CORP                     320960107     47568      2120000 SH       DEFINED     1                          2120000
FIRST SECURITY CP UT                     336294103    105437      4433600 SH       DEFINED     1                          4433600
FIRST UNION CORP                         337358105   1899641     53416978 SH       DEFINED     1                         53416978
FIRSTMERIT CORP                          337915102     17255       680000 SH       DEFINED     1                           680000
FLEXTRONICS INTL LTD                     339386914    140814      2420000 SH       DEFINED     1                          2420000
FLORIDA PROGRESS CORP                    341109106    411394      8895000 SH       DEFINED     1                          8895000
FMC CORP                                 302491303     60544      1254800 SH       DEFINED     1                          1254800
FOCAL COMMUNICATIONS CORP                344155106     46279      1806000 SH       DEFINED     1                          1806000
FOMENTO ECOMOMICO MEXICANO SPON ADR      344419106      6303       201300 SH       DEFINED     1                           201300
FORD MOTOR CO                            345370100    675022     13450000 SH       DEFINED     1                         13450000
FOREST LABS INC                          345838106    165930      3939000 SH       DEFINED     1                          3939000
FORMULA SYSTEMS (1985) ADR               346414105      3972       160500 SH       DEFINED     1                           160500
FORT JAMES CORP                          347471104    465785     17453299 SH       DEFINED     1                         17453299
FOSTER WHEELER                           350244109     22255      1845000 SH       DEFINED     1                          1845000
FOUR SEASONS HOTELS INC C$ LTD VTG       35100E104     19930       546707 SH       DEFINED     1                           546707
FOX ENTERTAINMENT GROUP INC CL A         35138T107    328494     15550000 SH       DEFINED     1                         15550000
FPL GROUP                                302571104    156163      3100000 SH       DEFINED     1                          3100000
FRANKLIN COVEY CO                        353469109      2883       375000 SH       DEFINED     1                           375000
FREEPORT-MCMORAN C&G CV PF SER A DEP SHS 35671D501     24675      1400000 SH       DEFINED     1                          1400000
  $1.75
FREEPORT-MCMORAN COPPER & GOLD CL B      35671D857     99659      6403800 SH       DEFINED     1                          6403800
FULTON FINL CORP                         360271100     14632       780367 SH       DEFINED     1                           780367
GALILEO INTERNATIONAL INC                363547100    215338      5350000 SH       DEFINED     1                          5350000
GALLAHER GROUP PLC ADR                   363595109      8156       300000 SH       DEFINED     1                           300000
GANNETT COMPANY INC                      364730101    276695      3999200 SH       DEFINED     1                          3999200
GATEWAY INC                              367626108    306797      6904000 SH       DEFINED     1                          6904000
GELTEX PHARMACEUTICALS INC               368538104      3670       329900 SH       DEFINED     1                           329900
GEN INSTRUMENT (NEW)                     370120107     93363      1940000 SH       DEFINED     1                          1940000
GENENTECH INC                            368710406     67011       458000 SH       DEFINED     1                           458000
GENERAL ELEC CO                          369604103    102557       865000 SH       DEFINED     1                           865000
GENERAL MILLS INC                        370334104   1354301     16694000 SH       DEFINED     1                         16694000
GENERAL MTRS CORP                        370442105    383447      6092500 SH       DEFINED     1                          6092500
GENUINE PARTS CO                         372460105    371631     13990800 SH       DEFINED     1                         13990800
GEORGIA GULF NEW                         373200203     29434      1670000 SH       DEFINED     1                          1670000
GEORGIA-PACIFIC CORP (GEORGIA-PAC GROUP) 373298108    368550      9100000 SH       DEFINED     1                          9100000
GEORGIA-PACIFIC CORP (TIMBER GROUP)      373298702    182314      7970000 SH       DEFINED     1                          7970000
GILAT SATELLITE NETWORKS                 375256906     22523       420000 SH       DEFINED     1                           420000
GILEAD SCIENCES INC                      375558103    131584      2050000 SH       DEFINED     1                          2050000
GILLETTE CO                              375766102     24332       716960 SH       DEFINED     1                           716960
GLAXO WELLCOME PLC SPON ADR              37733W105    144508      2779000 SH       DEFINED     1                          2779000
GLENBOROUGH REALTY TR CV PF SER A 7.75%  37803P204     19725      1200000 SH       DEFINED     1                          1200000
  12/31/49
GLOBAL CROSSING LTD                      379325905    296032     11171000 SH       DEFINED     1                         11171000
GLOBAL TELESYSTEMS GROUP                 37936U104     41741      2116800 SH       DEFINED     1                          2116800
GLOBAL TELESYSTEMS GROUP 144A CV 8.75%   37936UAA2     30000    $15000000 PRN      DEFINED     1                        $15000000
  06-30-00
GLOBALSTAR TELECOMMUNICATIONS            379364904      7665       333268 SH       DEFINED     1                           333268
GOODRICH B F CO                          382388106     18850       650000 SH       DEFINED     1                           650000
GPO CASA AUTREY ADR  SPON                40048P104      2174       543400 SH       DEFINED     1                           543400
GPU INC                                  36225X100    370861     11367400 SH       DEFINED     1                         11367400
GREAT PLAINS SOFTWARE                    39119E105     38625       750000 SH       DEFINED     1                           750000
GRUPO IND MASECA ADR SPON B              400488409     11056      1220000 SH       DEFINED     1                          1220000
GRUPO TELEVISA ADR   SPON CPO            40049J206    292060      7312920 SH       DEFINED     1                          7312920
GSI LUMONICS INC C$                      36229U102      2359       398000 SH       DEFINED     1                           398000
GTE CORPORATION                          362320103   1626913     21163100 SH       DEFINED     1                         21163100
GTS DURATEK INC                          36237J107      5319       891100 SH       DEFINED     1                           891100
GUIDANT CORPORATION                      401698105    474367      8846000 SH       DEFINED     1                          8846000
GUILFORD PHARMACEUTICALS INC             401829106     16775      1100000 SH       DEFINED     1                          1100000
HALLIBURTON CO                           406216101    131200      3200000 SH       DEFINED     1                          3200000
HARLEY-DAVIDSON INC                      412822108      9512       190000 SH       DEFINED     1                           190000
HARRAHS ENTMNT INC                       413619107     28444      1025000 SH       DEFINED     1                          1025000
HARSCO CORP                              415864107     65985      2388600 SH       DEFINED     1                          2388600
HARTE-HANKS INC                          416196103     96763      3841700 SH       DEFINED     1                          3841700
HARTFORD FINANCIAL SERVICES GROUP        416515104     62334      1525000 SH       DEFINED     1                          1525000
HASBRO INC                               418056107    214589     10010000 SH       DEFINED     1                         10010000
HAVERTY FURNITURE                        419596101      6815       470000 SH       DEFINED     1                           470000
HAYES LEMMERZ INTL INC                   420781106      7347       316000 SH       DEFINED     1                           316000
HCC INSURANCE HOLDINGS INC               404132102     43953      2614300 SH       DEFINED     1                          2614300
HEALTH CARE PPTY INV                     421915109     63142      2405400 SH       DEFINED     1                          2405400
HEINZ H J CO                             423074103     94600      2200000 SH       DEFINED     1                          2200000
HERCULES INC                             427056106    290006     10131200 SH       DEFINED     1                         10131200
HERTZ CORPORATION CL A                   428040109     45377      1031300 SH       DEFINED     1                          1031300
HEWLETT PACKARD CO                       428236103    921840     10020000 SH       DEFINED     1                         10020000
HI/FN INC                                428358105     24784       224800 SH       DEFINED     1                           224800
HNC SOFTWARE INC                         40425P107    152444      3841098 SH       DEFINED     1                          3841098
HOME DEPOT                               437076102     39459       575000 SH       DEFINED     1                           575000
HOMESTAKE MNG CO                         437614100     73500      8000000 SH       DEFINED     1                          8000000
HOUSEHOLD INTL                           441815107   2130280     53091080 SH       DEFINED     1                         53091080
HS RESOURCES INC                         404297103      3275       200000 SH       DEFINED     1                           200000
HUBBELL INC CL B                         443510201     77138      2420000 SH       DEFINED     1                          2420000
HUNTINGTON BANCSHRS                      446150104    130533      4914181 SH       DEFINED     1                          4914181
I2 TECHNOLOGIES INC                      465754109     11644       300000 SH       DEFINED     1                           300000
ICON PLC SPON ADR                        45103T107      3607       229000 SH       DEFINED     1                           229000
IDEX CORP                                45167R104     27661       977000 SH       DEFINED     1                           977000
IDEXX LABORATORIES INC                   45168D104     33146      1925000 SH       DEFINED     1                          1925000
IKON OFFICE SOLUTION                     451713101    179309     16777400 SH       DEFINED     1                         16777400
ILLINOIS TOOL WORKS                      452308109    165283      2216700 SH       DEFINED     1                          2216700
IMCLONE SYSTEMS INC                      45245W109     21613       650000 SH       DEFINED     1                           650000
IMMUNEX CORP (NEW)                       452528102     53785      1240000 SH       DEFINED     1                          1240000
IMPERIAL BANCORP                         452556103     16524       777600 SH       DEFINED     1                           777600
IMPERIAL CHEM ADR                        452704505    582168     13480000 SH       DEFINED     1                         13480000
IMPERIAL CREDIT COMMERCIAL MTG INV CORP  45272T102      9900       900000 SH       DEFINED     1                           900000
IMPERIAL OIL LTD US$                     453038408     24182      1161900 SH       DEFINED     1                          1161900
INACOM CORP                              45323G109     10961      1193000 SH       DEFINED     1                          1193000
INCO LTD CV            5.750%   07-01-04 453258AK1     16517    $17250000 PRN      DEFINED     1                        $17250000
INDOSAT SPON ADR PERUSAHAAN PERSEROAN    715680104      5311       393400 SH       DEFINED     1                           393400
INDYMAC MTG HLDGS                        456607100     19500      1300000 SH       DEFINED     1                          1300000
INET TECHNOLOGIES INC                    45662V105     22391       561100 SH       DEFINED     1                           561100
INFINITY BROADCASTING CORP CL A NEW      45662S102    105499      3599100 SH       DEFINED     1                          3599100
INFOCURE CORP                            45665A108     10004       530000 SH       DEFINED     1                           530000
INFOSEEK CORP                            45678M107     21767       705000 SH       DEFINED     1                           705000
INFOSYS TECHNOLOGIES ADR                 456788108      7150        50000 SH       DEFINED     1                            50000
INGERSOLL RAND CO                        456866102    184167      3352300 SH       DEFINED     1                          3352300
INGRAM MICRO CL A                        457153104     21888      1700000 SH       DEFINED     1                          1700000
INNOTRAC CORP                            45767M109      8491       475000 SH       DEFINED     1                           475000
INSIGHT COMMUNICATIONS CL A              45768V108     11450       400000 SH       DEFINED     1                           400000
INSIGNIA FINANCIAL GROUP INC (NEW)       45767A105      7481       855000 SH       DEFINED     1                           855000
INTEGRATED HEALTH CV SR SUB DEB 5.75%    45812CAE6      3705    $28500000 PRN      DEFINED     1                        $28500000
  01/01/01
INTEGRATED HEALTH SERVICES INC           45812C106      2244      1436207 SH       DEFINED     1                          1436207
INTEL CORP                               458140100   1334207     17954000 SH       DEFINED     1                         17954000
INTERCEPT GROUP INC                      45845L107      7909       427500 SH       DEFINED     1                           427500
INTERMEDIA COMMUNICATIONS INC            458801107     76995      3540000 SH       DEFINED     1                          3540000
INTERPUBLIC GROUP                        460690100    457059     11113900 SH       DEFINED     1                         11113900
INTERPUBLIC GROUP CV SUB NT 144A 1.87%   460690AG5     21479    $23668000 PRN      DEFINED     1                        $23668000
  06/01/06
INTIMATE BRANDS INC CL A                 461156101     20442       525000 SH       DEFINED     1                           525000
INTL BUS MACH CORP                       459200101   1538185     12673000 SH       DEFINED     1                         12673000
INTL FLAVORS & FRAGR                     459506101    342647      9931800 SH       DEFINED     1                          9931800
INTL PAPER CO                            460146103   1190869     24777500 SH       DEFINED     1                         24777500
INTUIT                                   461202103     70125       800000 SH       DEFINED     1                           800000
IONICS INC                               462218108     47329      1461900 SH       DEFINED     1                          1461900
IRON MOUNTAIN INC                        46284P104      9858       291000 SH       DEFINED     1                           291000
JABIL CIRCUIT INC                        466313103    180675      3650000 SH       DEFINED     1                          3650000
JEFFERSON PILOT CORP                     475070108    429675      6800000 SH       DEFINED     1                          6800000
JO-ANN STORES CL A                       47758P109      6530       525000 SH       DEFINED     1                           525000
JO-ANN STORES CL B                       47758P208      5906       525000 SH       DEFINED     1                           525000
JOHNSON & JOHNSON                        478160104     36750       400000 SH       DEFINED     1                           400000
JOHNSON CONTROLS                         478366107    295687      4459000 SH       DEFINED     1                          4459000
JONES INTERCABLE CL A                    480206200     23106       427400 SH       DEFINED     1                           427400
JOSTENS INC                              481088102     32799      1715000 SH       DEFINED     1                          1715000
JUNIPER NETWORKS INC                     48203R104    173105       950800 SH       DEFINED     1                           950800
KAISER ALUMINUM                          483007100     25769      3100000 SH       DEFINED     1                          3100000
KEEBLER FOODS CO                         487256109     97243      3255000 SH       DEFINED     1                          3255000
KELLOGG CO                               487836108    422093     11274600 SH       DEFINED     1                         11274600
KERR MCGEE CORP                          492386107    416581      7565600 SH       DEFINED     1                          7565600
KEYCORP NEW                              493267108    466174     18060000 SH       DEFINED     1                         18060000
KEYSPAN CORP                             49337W100    183289      6403100 SH       DEFINED     1                          6403100
KEYSTONE FINANCIAL                       493482103     63592      2677550 SH       DEFINED     1                          2677550
KIMBERLY CLARK CORP                      494368103   1052945     20056100 SH       DEFINED     1                         20056100
KIMCO REALTY CORP                        49446R109     21808       610000 SH       DEFINED     1                           610000
KING WORLD PRODTNS                       495667107    144414      3851050 SH       DEFINED     1                          3851050
KLA TENCOR CORP                          482480100    493025      7585000 SH       DEFINED     1                          7585000
KNIGHTSBRIDGE TANKERS LTD                499067908      2400       150000 SH       DEFINED     1                           150000
KOHL'S CORP                              500255104    125638      1900000 SH       DEFINED     1                          1900000
KONINKLIJKE AHOLD CONV SUB NOTES ADN     500467AA3      8073    $14413000 PRN      DEFINED     1                        $14413000
  3.00% 09-30-03
KPN NV ADR (SPON)                        780641205      3840        86287 SH       DEFINED     1                            86287
KROLL-O'GARA COMPANY                     501050108     10491       628700 SH       DEFINED     1                           628700
L-3 COMMUNICATIONS CORP                  502424104     32088       850000 SH       DEFINED     1                           850000
LANDS END INC                            515086106     73108      1107700 SH       DEFINED     1                          1107700
LASON INC                                51808R107     40078       900000 SH       DEFINED     1                           900000
LEAR CORP                                521865105      8093       230000 SH       DEFINED     1                           230000
LEXMARK INTL GROUP INC CL A              529771107    257922      3204000 SH       DEFINED     1                          3204000
LIFEPOINT HOSPITALS INC                  53219L109      4297       494663 SH       DEFINED     1                           494663
LILLY ELI & CO                           532457108   1069568     16712000 SH       DEFINED     1                         16712000
LIMITED INC                              532716107    919396     24036499 SH       DEFINED     1                         24036499
LINCOLN NATL CORP                        534187109    442111     11770000 SH       DEFINED     1                         11770000
LINEAR TECH CORP                         535678106    229247      3900000 SH       DEFINED     1                          3900000
LIONS GATE ENTERTAINMENT CORP C$ NEW     535919203      2327      1198300 SH       DEFINED     1                          1198300
LIQUIDATION WORLD INC C$                 53634D203      2453       450000 SH       DEFINED     1                           450000
LITTELFUSE INC                           537008104     35378      1590000 SH       DEFINED     1                          1590000
LOEWS CORP                               540424108     14038       200000 SH       DEFINED     1                           200000
LOUIS DREYFUS NATURAL GAS CORP           546011107     45555      2125000 SH       DEFINED     1                          2125000
LOUISIANA PACIFIC                        546347105    112891      7225000 SH       DEFINED     1                          7225000
LOWES COS INC                            548661107    644719     13225000 SH       DEFINED     1                         13225000
LSI LOGIC                                502161102    216300      4200000 SH       DEFINED     1                          4200000
LUCENT TECHNOLOGIES                      549463107    214055      3299500 SH       DEFINED     1                          3299500
LUMINANT WORLDWIDE CORP                  550260103      4536       147500 SH       DEFINED     1                           147500
LUXOTTICA GRP ADR                        55068R202     56299      2953400 SH       DEFINED     1                          2953400
M&T BANK CORP                            55261F104     52520       114423 SH       DEFINED     1                           114423
MACROMEDIA INC                           556100105     21063       515300 SH       DEFINED     1                           515300
MAKER COMMUNICATIONS INC                 560875106      7572       322200 SH       DEFINED     1                           322200
MALLINCKRODT INC                         561232109    263688      8735000 SH       DEFINED     1                          8735000
MANPOWER INC                             56418H100      5825       200000 SH       DEFINED     1                           200000
MARSH & MCLENNAN COS                     571748102    283028      4131800 SH       DEFINED     1                          4131800
MATAV RT SPON ADR                        559776109     64408      2363600 SH       DEFINED     1                          2363600
MATTEL INC                               577081102     25650      1350000 SH       DEFINED     1                          1350000
MAXIM INTEGRATED PRODUCTS INC            57772K101    159312      2525000 SH       DEFINED     1                          2525000
MAY DEPT STORES CO                       577778103    906144     24868450 SH       DEFINED     1                         24868450
MBL INTL FIN (BERMUDA) TRUST EXCH NOTE   55262XAA2     11825    $10000000 PRN      DEFINED     1                        $10000000
  3.00% 11-30-02 (MBB*)
MBNA CORP                                55262L100    138903      6088900 SH       DEFINED     1                          6088900
MC DONALDS CORP                          580135101    318200      7400000 SH       DEFINED     1                          7400000
MCI WORLDCOM INC                         55268B106    849508     11819237 SH       DEFINED     1                         11819237
MCKESSON HBOC INC                        58155Q103    100050      3450000 SH       DEFINED     1                          3450000
MCN ENERGY GROUP INC                     55267J100     61016      3550000 SH       DEFINED     1                          3550000
MDC CORP INC CL A C$                     55267W309     10738      1033333 SH       DEFINED     1                          1033333
MDU RESOURCES GROUP                      552690109      9000       400000 SH       DEFINED     1                           400000
MEDALLION FINANCIAL CORP                 583928106      5569       275000 SH       DEFINED     1                           275000
MEDIA GENERAL CL A                       584404107     39750       775600 SH       DEFINED     1                           775600
MEDICIS PHARMACEUTICAL CL A              584690309     82160      2882800 SH       DEFINED     1                          2882800
MEDIMMUNE INC                            584699102     69759       700000 SH       DEFINED     1                           700000
MEDITRUST CORP PAIRED STOCK              58501T306     68470      8055339 SH       DEFINED     1                          8055339
MEDTRONIC INC                            585055106    222940      6280000 SH       DEFINED     1                          6280000
MENTOR CORP MINN                         587188103     30780      1080000 SH       DEFINED     1                          1080000
MENTOR GRAPHICS                          587200106      7878       920000 SH       DEFINED     1                           920000
MERCK & CO INC                           589331107    616911      9518400 SH       DEFINED     1                          9518400
MERCURY COMPUTER SYSTEMS INC             589378108     16660       490000 SH       DEFINED     1                           490000
MERCURY GENERAL CORP                     589400100     81861      2970000 SH       DEFINED     1                          2970000
METAMOR WORLDWIDE                        59133P100     42600      2400000 SH       DEFINED     1                          2400000
METHANEX CORP C$                         59151K108     20748      7250000 SH       DEFINED     1                          7250000
METRIS COMPANIES INC                     591598107     44745      1520000 SH       DEFINED     1                          1520000
METROMEDIA INTL GRP                      591695101      3673       890300 SH       DEFINED     1                           890300
MGIC INVESTMENT CORP                     552848103     70193      1470000 SH       DEFINED     1                          1470000
MGM GRAND INC                            552953101     61529      1202027 SH       DEFINED     1                          1202027
MICHAELS STORES                          594087108     70800      2400000 SH       DEFINED     1                          2400000
MICREL INC                               594793101    138306      3188600 SH       DEFINED     1                          3188600
MICROCHIP TECH INC                       595017104    349864      6810000 SH       DEFINED     1                          6810000
MICRON TECH INC                          595112103   1289981     19380000 SH       DEFINED     1                         19380000
MICRON TECHNOLOGY CV NT 7.00% 07/01/2004 595112AB9     62563    $50000000 PRN      DEFINED     1                        $50000000
MICROSOFT CORP                           594918104   1985492     21924000 SH       DEFINED     1                         21924000
MIDAMERICAN ENERGY HOLDINGS COMPANY      59562V107     14750       500000 SH       DEFINED     1                           500000
MIDAS INC                                595626102     15029       728700 SH       DEFINED     1                           728700
MILLENIUM PHARMACEUTICALS INC            599902103     97500      1500000 SH       DEFINED     1                          1500000
MILLENNIUM CHEMICALS INC                 599903101    153508      7511100 SH       DEFINED     1                          7511100
MILLIPORE CORP                           601073109    131544      3502000 SH       DEFINED     1                          3502000
MINN MNG & MFG CO                        604059105    251684      2620000 SH       DEFINED     1                          2620000
MIRAGE RESORTS INC                       60462E104     52383      3725000 SH       DEFINED     1                          3725000
MITCHELL ENERGY/DEV  NON-VTG CL B        606592301     29845      1270000 SH       DEFINED     1                          1270000
MOBIL CORP                               607059102    988861      9815000 SH       DEFINED     1                          9815000
MODERN TIMES GROUP B SPON ADR            607698107     53355       342022 SH       DEFINED     1                           342022
MODIS PROFESSIONAL SERVICES INC          607830106     26500      2000000 SH       DEFINED     1                          2000000
MOLEX INC                                608554101     37284      1025000 SH       DEFINED     1                          1025000
MOMENTUM BUSINESS APPLICATIONS CL A      60877P108      4617       513000 SH       DEFINED     1                           513000
MONDAVI (ROBERT) CORP CL A               609200100     33066       880300 SH       DEFINED     1                           880300
MONSANTO CO                              611662107   2517393     70539900 SH       DEFINED     1                         70539900
MONSANTO CO CV PF ACES UNITS 6.50%       611662305     53417      1483800 SH       DEFINED     1                          1483800
  11/30/01
MORGAN J P & CO INC                      616880100    595871      5215500 SH       DEFINED     1                          5215500
MORTONS RESTAURANT                       619429103      8079       460000 SH       DEFINED     1                           460000
MOTOROLA INC                             620076109    515126      5853700 SH       DEFINED     1                          5853700
MOVADO GROUP INC                         624580106     10810       470000 SH       DEFINED     1                           470000
MSC INDUSTRIAL DIRECT CO INC CL A        553530106     29659      3228200 SH       DEFINED     1                          3228200
MURPHY OIL CORP                          626717102    338761      6266100 SH       DEFINED     1                          6266100
MUTUAL RISK MGMNT                        628351108     21621      1765000 SH       DEFINED     1                          1765000
NABISCO GROUP HOLDINGS                   62952P102    503400     33560000 SH       DEFINED     1                         33560000
NABISCO HOLDINGS CORP CL A               629526104     44931      1300000 SH       DEFINED     1                          1300000
NAT AUSTRALIA BANK 7.875% EXCH CAP UNITS 632525309     21900      $800000 PRN      DEFINED     1                          $800000
  PRP
NATIONAL CITY CORP                       635405103    178897      6703400 SH       DEFINED     1                          6703400
NATL COMPUTER SYSTS                      635519101     54755      1428000 SH       DEFINED     1                          1428000
NATL FUEL GAS CO                         636180101      5993       127000 SH       DEFINED     1                           127000
NATL SEMICONDUCTOR CV DEB 6.50% 10-01-02 637640AB9     14850    $15000000 PRN      DEFINED     1                        $15000000
NCO GROUP INC                            628858102     38775       825000 SH       DEFINED     1                           825000
NEOPATH INC                              640517108      3568       741400 SH       DEFINED     1                           741400
NEOSE TECHNOLOGIES INC                   640522108      6000       400000 SH       DEFINED     1                           400000
NEW CENTURY ENERGIES INC                 64352U103    205641      6150000 SH       DEFINED     1                          6150000
NEW ENGLAND ELEC SYS                     644001109     16496       318000 SH       DEFINED     1                           318000
NEW HOLLAND NV                           645319906     30400      1900000 SH       DEFINED     1                          1900000
NEW JERSEY RESOURCES                     646025106     30000       750000 SH       DEFINED     1                           750000
NEW YORK TIMES CO CL A                   650111107    126938      3385000 SH       DEFINED     1                          3385000
NEWBRIDGE NETWORKS CORP US$              650901101     58547      2246400 SH       DEFINED     1                          2246400
NEWELL RUBBERMAID INC                    651229106    398276     13944000 SH       DEFINED     1                         13944000
NEWFIELD EXPLORATION                     651290108     72463      2200000 SH       DEFINED     1                          2200000
NEWHALL LAND/FARMING                     651426108     23409       950600 SH       DEFINED     1                           950600
NEWMONT MNG CORP                         651639106    302738     11700000 SH       DEFINED     1                         11700000
NEWPARK RESOURCES INC                    651718504      5425       700000 SH       DEFINED     1                           700000
NEWS CORP LTD PFD ADR                    652487802    568600     21305850 SH       DEFINED     1                         21305850
NEWS CORP NEW ADR                        652487703    588707     20701800 SH       DEFINED     1                         20701800
NEXTEL COMM CL A                         65332V103     64422       950000 SH       DEFINED     1                           950000
NIAGARA MOHAWK HOLDINGS INC              653520106     28559      1850000 SH       DEFINED     1                          1850000
NICE SYSTEMS LTD SPON ADR                653656108     16454       639000 SH       DEFINED     1                           639000
NICOR INC                                654086107      6508       175000 SH       DEFINED     1                           175000
NIKE INC CL B                            654106103   1138946     20025425 SH       DEFINED     1                         20025425
NISOURCE INC                             65473P105     33188      1500000 SH       DEFINED     1                          1500000
NOBLE AFFILIATES                         654894104     46690      1610000 SH       DEFINED     1                          1610000
NOKIA A SPON ADR                         654902204    450410      5015000 SH       DEFINED     1                          5015000
NORFOLK SOTHN CORP                       655844108    473340     19320000 SH       DEFINED     1                         19320000
NORSK HYDRO SPON ADR                     656531605     21500       500000 SH       DEFINED     1                           500000
NORTEL PFD B ADR (NY)                    656567401     31236      1851000 SH       DEFINED     1                          1851000
NORTHEAST UTILITIES                      664397106    111628      6075000 SH       DEFINED     1                          6075000
NORTHERN TRUST CORP                      665859104     37575       450000 SH       DEFINED     1                           450000
NORTHROP GRUMMAN                         666807102    170665      2685000 SH       DEFINED     1                          2685000
NORTHWEST AIRLINES CORP                  667280101     25500      1000000 SH       DEFINED     1                          1000000
NOVOSTE CORPORATION                      67010C100      7138       400000 SH       DEFINED     1                           400000
NSTAR                                    67019E107     62698      1618000 SH       DEFINED     1                          1618000
NU SKIN ENTERPRISES INC CL A             67018T105      3915       290000 SH       DEFINED     1                           290000
NUEVO GRUPO IUSACELL SA V ADR            670512102     14816      1559586 SH       DEFINED     1                          1559586
O'REILLY AUTOMOTIVE INC                  686091109      9531       200000 SH       DEFINED     1                           200000
OCCIDENTAL PETE                          674599105     81516      3525000 SH       DEFINED     1                          3525000
OCULAR SCIENCES INC                      675744106      6609       341100 SH       DEFINED     1                           341100
OGE ENERGY CORP                          670837103     38938      1750000 SH       DEFINED     1                          1750000
OHIO CASUALTY CORP                       677240103    101166      5995000 SH       DEFINED     1                          5995000
OM GROUP INC                             670872100     40294      1050000 SH       DEFINED     1                          1050000
OMNICARE                                 681904108     51109      5310000 SH       DEFINED     1                          5310000
OMNICOM GROUP                            681919106     39594       500000 SH       DEFINED     1                           500000
ORACLE CORP                              68389X105   1552062     34111250 SH       DEFINED     1                         34111250
ORBITAL SCIENCES 144A CV SUB NT 5.00%    685564AB2      1335     $1500000 PRN      DEFINED     1                         $1500000
  10/01/2002
ORBOTECH LTD                             68389P904     33846       547000 SH       DEFINED     1                           547000
ORIX CORP ADR                            686330101     15188       250000 SH       DEFINED     1                           250000
ORTHOLOGIC CORP                          68750J107      4860      1620000 SH       DEFINED     1                          1620000
OWENS-ILLINOIS CV PF 4.75% 12/31/49      690768502     11790       360000 SH       DEFINED     1                           360000
OWENS-ILLINOIS INC                       690768403     13869       700000 SH       DEFINED     1                           700000
PACIFIC BANK NA                          694026204      2453        98100 SH       DEFINED     1                            98100
PAGEMART WIRELESS INC CL A               69553J104      3000       500000 SH       DEFINED     1                           500000
PAGING NETWORK                           695542100      1784      1730000 SH       DEFINED     1                          1730000
PALL CORP                                696429307    228262      9844200 SH       DEFINED     1                          9844200
PALM HARBOR HOMES INC                    696639103      8923       648906 SH       DEFINED     1                           648906
PANAMERICAN BEV A                        69829W905     53248      3215000 SH       DEFINED     1                          3215000
PAPA JOHN'S INTL INC                     698813102     10313       250000 SH       DEFINED     1                           250000
PARK ELECTROCHEMICAL                     700416209      6154       187200 SH       DEFINED     1                           187200
PARK OHIO HOLDINGS CORP                  700666100     10625       850000 SH       DEFINED     1                           850000
PARKER-HANNIFIN CORP                     701094104    198143      4421600 SH       DEFINED     1                          4421600
PARTNER RE HLDGS LTD                     702122904    108969      3135800 SH       DEFINED     1                          3135800
PAYCHEX INC                              704326107     96488      2827500 SH       DEFINED     1                          2827500
PE CORPORATION-CELERA GENOMICS GROUP     69332S201     61934      1538725 SH       DEFINED     1                          1538725
PE CORPORATION-PE BIOSYSTEMS GROUP       69332S102    931498     12892700 SH       DEFINED     1                         12892700
PECO ENERGY COMPANY                      693304107    135000      3600000 SH       DEFINED     1                          3600000
PENNEY J C INC                           708160106   1170115     34039700 SH       DEFINED     1                         34039700
PENNZOIL-QUAKER STATE                    709323109    119145      9437200 SH       DEFINED     1                          9437200
PEOPLES ENERGY CORP                      711030106     59819      1700000 SH       DEFINED     1                          1700000
PEOPLESOFT INC                           712713106    268544     15855000 SH       DEFINED     1                         15855000
PEPSICO INC                              713448108   1242821     41085000 SH       DEFINED     1                         41085000
PERFORMANCE FOOD GROUP CO                713755106     14094       550000 SH       DEFINED     1                           550000
PETRO-CANADA C$                          71644E102     90965      6000000 SH       DEFINED     1                          6000000
PETSMART INC                             716768106     17292      4650000 SH       DEFINED     1                          4650000
PETSMART INC CV SUB NT 6.75% 144A        716768AA4     12075    $17500000 PRN      DEFINED     1                        $17500000
  11/01/04
PFIZER INC                               717081103   1421919     39566450 SH       DEFINED     1                         39566450
PHARMACIA & UPJOHN INC                   716941109    592113     11931750 SH       DEFINED     1                         11931750
PHARMACYCLICS INC                        716933106      9606       235000 SH       DEFINED     1                           235000
PHELPS DODGE CORP                        717265102    388389      7053600 SH       DEFINED     1                          7053600
PHILA SUBURBAN CORP                      718009608     10123       429600 SH       DEFINED     1                           429600
PHILIP MORRIS CO INC                     718154107   2459104     71929900 SH       DEFINED     1                         71929900
PHILIPPINE LDTEL ADR SPON                718252604     46982      2160094 SH       DEFINED     1                          2160094
PHILIPPINE LONG DIST TEL SPON GDS CV PF  718252703      5810       140000 SH       DEFINED     1                           140000
  SER III
PHILLIPS PETE CO                         718507106   1720344     35289100 SH       DEFINED     1                         35289100
PHOTRONICS INC                           719405102     19072       850000 SH       DEFINED     1                           850000
PIERCING PAGODA INC                      720773100      6533       502500 SH       DEFINED     1                           502500
PINNACLE WEST CAP                        723484101    194606      5350000 SH       DEFINED     1                          5350000
PITNEY BOWES INC                         724479100    427001      7007200 SH       DEFINED     1                          7007200
PITTWAY CORP CL A                        725790208     33255      1055700 SH       DEFINED     1                          1055700
PLACER DOME INC US$                      725906101    252875     17000000 SH       DEFINED     1                         17000000
PLANTRONICS INC                          727493108     21144       425000 SH       DEFINED     1                           425000
PMC-SIERRA INC                           69344F106    548211      5926600 SH       DEFINED     1                          5926600
PMI GROUP INC (THE)                      69344M101      7803       190890 SH       DEFINED     1                           190890
POGO PRODUCING CO                        730448107     77630      3741200 SH       DEFINED     1                          3741200
POGO TRUST I CV PF SER A QUIPS 6.50%     73044P208     13780       260000 SH       DEFINED     1                           260000
  06/01/29
POTLATCH CORP                            737628107    108570      2636000 SH       DEFINED     1                          2636000
POWER INTEGRATIONS INC                   739276103     93751      1353800 SH       DEFINED     1                          1353800
PP&L RESOURCES INC                       693499105     82143      3035319 SH       DEFINED     1                          3035319
PPG INDUSTRIES INC                       693506107    640692     10678200 SH       DEFINED     1                         10678200
PRAXAIR INC                              74005P104    303471      6597200 SH       DEFINED     1                          6597200
PREPAID LEGAL SERVICES INC               740065107      3938       100000 SH       DEFINED     1                           100000
PRICE COMM CORP                          741437305     57388      2289795 SH       DEFINED     1                          2289795
PRIMARK CORP                             741903108      6569       231012 SH       DEFINED     1                           231012
PRIMEDIA INC                             74157K101      1540       110000 SH       DEFINED     1                           110000
PRISON REALTY TRUST INC                  74264N105      1828       170000 SH       DEFINED     1                           170000
PRIVATE BUSINESS INC                     74267D104      3088       650000 SH       DEFINED     1                           650000
PROBUSINESS SERVICES INC                 742674104      9406       350000 SH       DEFINED     1                           350000
PROCTER & GAMBLE CO                      742718109    164063      1750000 SH       DEFINED     1                          1750000
PROFIT RECOVERY GROUP INTL               743168106     24024       538350 SH       DEFINED     1                           538350
PROLOGIS TRUST SBI                       743410102     22482      1191114 SH       DEFINED     1                          1191114
PROTECTION ONE ALARM CV SUB NT 6.75%     743659AL8      3600     $5000000 PRN      DEFINED     1                         $5000000
  09/15/03
PROTEIN DESIGN LABS                      74369L103     18063       500000 SH       DEFINED     1                           500000
PROVIDENT BANKSHARES CORP                743859100     13303       625117 SH       DEFINED     1                           625117
PUB SVC ENTRPR GRP                       744573106     78023      2020000 SH       DEFINED     1                          2020000
PUERTO RICAN CEMENT                      745075101      9016       250000 SH       DEFINED     1                           250000
PUGET SOUND ENERGY INC                   745332106    105456      4700000 SH       DEFINED     1                          4700000
QUANTUM CORP - DLT & STORAGE             747906204    128461      9135000 SH       DEFINED     1                          9135000
QUANTUM CORP - HARD DISK DRIVE           747906303     25436      3420000 SH       DEFINED     1                          3420000
QUANTUM CORP CV SUB 7.00% 08/01/04       747906AC9      6160     $7000000 PRN      DEFINED     1                         $7000000
QUESTAR CORP                             748356102    113009      6235000 SH       DEFINED     1                          6235000
QUILMES INDUSTRIAL N/V PFD SPON ADR      74838Y108      7124       745000 SH       DEFINED     1                           745000
QUINTILES TRANSNAT CV SUB NT 144A 4.25%  748767AA8      9625    $10000000 PRN      DEFINED     1                        $10000000
  05/31/00
QUINTILES TRANSNAT CV SUB NT REG'D 4.25% 748767AC4      5583     $5800000 PRN      DEFINED     1                         $5800000
  05/31/00
QUINTILES TRANSNATIONAL CORP             748767100    177638      9334000 SH       DEFINED     1                          9334000
RADIO ONE CL A                           75040P108     18277       440400 SH       DEFINED     1                           440400
RADISYS CORP                             750459109     20803       530000 SH       DEFINED     1                           530000
RAMBUS INC                               750917106     78804      1189500 SH       DEFINED     1                          1189500
RAYONIER INC                             754907103     44755      1065600 SH       DEFINED     1                          1065600
RAYTHEON COMPANY (NEW) CL A              755111309    137525      2835571 SH       DEFINED     1                          2835571
RAYTHEON COMPANY CL B                    755111408    284475      5732500 SH       DEFINED     1                          5732500
REGIS CORP                               758932107     14928       775500 SH       DEFINED     1                           775500
RELIANT ENERGY INCORPORATED              75952J108     48713      1800000 SH       DEFINED     1                          1800000
REMEDY CORP                              759548100     34050      1200000 SH       DEFINED     1                          1200000
RENT-WAY INC                             76009U104     14345       755000 SH       DEFINED     1                           755000
ROBERT HALF INTL                         770323103    206748      8614500 SH       DEFINED     1                          8614500
ROGERS COMMUNICATIONS INC CL B C$ N/V    775109200      2117       125000 SH       DEFINED     1                           125000
ROGERS CORP                              775133101      4013       109200 SH       DEFINED     1                           109200
ROPER INDUSTRIES NEW                     776696106      5738       150000 SH       DEFINED     1                           150000
ROWAN COMPANIES INC                      779382100     11237       691500 SH       DEFINED     1                           691500
ROYAL BANK OF CANADA C$                  780087102    300595      7243900 SH       DEFINED     1                          7243900
ROYAL CARIBBEAN CRUISES CV PF SER A      780151916      6196        45000 SH       DEFINED     1                            45000
  7.25%
ROYAL DUTCH PETE 1.25 GUILDER NY SHR     780257804    886056     15002000 SH       DEFINED     1                         15002000
RPM INC OHIO                             749685103     27300      2240000 SH       DEFINED     1                          2240000
RUBY TUESDAY INC                         781182100     16415       841800 SH       DEFINED     1                           841800
SABRE HOLDINGS CORP CL A                 785905100     63717      1481800 SH       DEFINED     1                          1481800
SAFECO CORP                              786429100    207200      7400000 SH       DEFINED     1                          7400000
SANMINA CORP                             800907107    255492      3302000 SH       DEFINED     1                          3302000
SAPIENT CORPORATION                      803062108     26004       275900 SH       DEFINED     1                           275900
SARA LEE CORP                            803111103   1620668     69148500 SH       DEFINED     1                         69148500
SAVILLE SYSTEMS IRELAND PLC SPON ADR     805174109     13439       915000 SH       DEFINED     1                           915000
SBC COMMUNICATIONS                       78387G103    795776     15584350 SH       DEFINED     1                         15584350
SBC COMMUNICATNS DECS(TMX) 7.75% 3-15-01 78387G202     29053       463000 SH       DEFINED     1                           463000
SBS BROADCASTING SA                      783939901     48064      1240350 SH       DEFINED     1                          1240350
SCHERING-PLOUGH                          806605101    507882     11642000 SH       DEFINED     1                         11642000
SCHLUMBERGER LTD                         806857108    589323      9457532 SH       DEFINED     1                          9457532
SCHOOL SPECIALTY INC                     807863105      9197       545000 SH       DEFINED     1                           545000
SCHULMAN A                               808194104     16717       965625 SH       DEFINED     1                           965625
SCI SYSTEMS INC                          783890106    233640      5257726 SH       DEFINED     1                          5257726
SCIOS INC                                808905103      2421       656500 SH       DEFINED     1                           656500
SCRIPPS CO (THE E.W.) CL A NEW           811054204     52859      1076000 SH       DEFINED     1                          1076000
SEAGATE TECHNOLOGY                       811804103    120169      3900000 SH       DEFINED     1                          3900000
SEAGRAM CO ACES 7.5% CV PFD UNTS 6/21/02 811850205    171526      3693700 SH       DEFINED     1                          3693700
SEALED AIR CORP NEW                      81211K100    118788      2315000 SH       DEFINED     1                          2315000
SEMPRA ENERGY                            816851109     75966      3650000 SH       DEFINED     1                          3650000
SEMTECH CORP                             816850101     24173       660000 SH       DEFINED     1                           660000
SEPRACOR INC                             817315104    104303      1381500 SH       DEFINED     1                          1381500
SEPRACOR INC CV NT 7.00% 144A 12/15/05   817315AF1     13575    $15000000 PRN      DEFINED     1                        $15000000
SEPRACOR INC CV SUB NT 144A 6.25% 2/15/5 817315AC8     18040    $11000000 PRN      DEFINED     1                        $11000000
SERVICEMASTER CO (THE)                   81760N109    160811     10011600 SH       DEFINED     1                         10011600
SHARED MEDICAL SYST                      819486101      7013       150000 SH       DEFINED     1                           150000
SHARPER IMAGE CORP                       820013100      9625       875000 SH       DEFINED     1                           875000
SHAW COMMUNICATIONS INC CL B C$          82028K200     28904      1050000 SH       DEFINED     1                          1050000
SHELL TRANS/TRADING  (NY SHARES NEW)     822703609    271863      5975000 SH       DEFINED     1                          5975000
SHERWIN WILLIAMS CO                      824348106    115868      5534000 SH       DEFINED     1                          5534000
SHOP AT HOME INC                         825066301      5220       580000 SH       DEFINED     1                           580000
SICOR INC                                825846108      5287      1332202 SH       DEFINED     1                          1332202
SIEBEL SYSTEMS INC                       826170102     79950      1200000 SH       DEFINED     1                          1200000
SIERRA PACIFIC RESOURCES NEW             826428104     20470       920000 SH       DEFINED     1                           920000
SILICON GRAPHICS INC                     827056102     79930      7307900 SH       DEFINED     1                          7307900
SILVERLEAF RESORTS INC                   828395103      2197       355100 SH       DEFINED     1                           355100
SINCLAIR BROADCAST GROUP CL A            829226109     53775      5933800 SH       DEFINED     1                          5933800
SIPEX CORP                               829909100     29484      2060000 SH       DEFINED     1                          2060000
SK TELECOM SPON ADR (NY)                 78440P108      9918       961705 SH       DEFINED     1                           961705
SKY NETWORK TELEVISION LTD SPON ADR      8308OU102      5922       376000 SH       DEFINED     1                           376000
SKYTEL COMM INC                          83087Q104     68947      3765000 SH       DEFINED     1                          3765000
SLM HOLDING CORP VTG                     78442A109    689591     16037000 SH       DEFINED     1                         16037000
SMITHKILNE BEECHAM ADR                   832378301    197078      3420000 SH       DEFINED     1                          3420000
SMURFIT-STONE CONTAINER CORP             832727101     80596      3727000 SH       DEFINED     1                          3727000
SNYDER COMMUNICATIONS SNC INC            832914105    129625      8535000 SH       DEFINED     1                          8535000
SO JERSEY INDUSTRIES                     838518108     13188       500000 SH       DEFINED     1                           500000
SOCIETE EUROPEENNE DE COM B ADR (SEC)    83366A200       997        62280 SH       DEFINED     1                            62280
SOCIETE EUROPEENNE DE COMM A ADR (SEC)   83366A101       103         6920 SH       DEFINED     1                             6920
SOLECTRON CORP                           834182107    467069      6504000 SH       DEFINED     1                          6504000
SONAT INC                                835415100     49772      1254100 SH       DEFINED     1                          1254100
SONOCO PRODS CO                          835495102     52759      2312700 SH       DEFINED     1                          2312700
SOURCE INFORMATION MGMT CO               836151209      7094       500000 SH       DEFINED     1                           500000
SOUTHERN CO                              842587107   1017815     39526800 SH       DEFINED     1                         39526800
SOUTHWEST AIRLINES                       844741108    318951     21000905 SH       DEFINED     1                         21000905
SPARTECH CORP                            847220209      1173        40000 SH       DEFINED     1                            40000
SPIEKER PROPERTIES INC                   848497103    100941      2910000 SH       DEFINED     1                          2910000
SPRINT CORP (FON GROUP)                  852061100   3015665     55588300 SH       DEFINED     1                         55588300
ST PAUL COS INC                          792860108     90200      3280000 SH       DEFINED     1                          3280000
STANLEY FURN CO NEW                      854305208      5281       250000 SH       DEFINED     1                           250000
STANLEY WORKS                            854616109    200870      7975000 SH       DEFINED     1                          7975000
STARBUCKS CORP                           855244109    266894     10770000 SH       DEFINED     1                         10770000
STATION CASINOS                          857689103     30755      1322800 SH       DEFINED     1                          1322800
STERICYCLE INC                           858912108      4406       300000 SH       DEFINED     1                           300000
STERILE RECOVERIES INC                   859151102      1868       241000 SH       DEFINED     1                           241000
STET HELLAS TELECOMMUNICATIONS ADR       859823106      2507       132800 SH       DEFINED     1                           132800
STEWART ENTERPRISES CL A                 860370105     49713      8200000 SH       DEFINED     1                          8200000
STOLT-NIELSEN B ADR                      861565109     42658      2527900 SH       DEFINED     1                          2527900
STOLT-NIELSEN SA COM                     861565919     12503       837000 SH       DEFINED     1                           837000
STORAGE TECHNOLOGY                       862111200    264784     13755000 SH       DEFINED     1                         13755000
STRUCTURAL DYNAMICS RESEARCH CORP        863555108      2255       150000 SH       DEFINED     1                           150000
STRYKER CORP                             863667101     12270       240000 SH       DEFINED     1                           240000
SUN INTL HOTELS LTD                      866770902      8841       370300 SH       DEFINED     1                           370300
SUN TRUST BANKS INC                      867914103    752049     11438000 SH       DEFINED     1                         11438000
SUNCOR ENERGY INC C$                     867229106    232379      6090000 SH       DEFINED     1                          6090000
SUNGLASS HUT INTL                        86736F106     65762      6226000 SH       DEFINED     1                          6226000
SUNOCO INC                               86764P109    165126      6032000 SH       DEFINED     1                          6032000
SUPERGEN INC                             868059106     10634       463600 SH       DEFINED     1                           463600
SUPERIOR TELECOM INC                     868365107      2788       200000 SH       DEFINED     1                           200000
SYBRON INTERNATIONAL CORP (WISCONSIN)    87114F106     24188       900000 SH       DEFINED     1                           900000
SYLVAN LEARNING SYSTEMS INC              871399101      4260       219850 SH       DEFINED     1                           219850
SYNOPSYS INC                             871607107     11231       200000 SH       DEFINED     1                           200000
TALISMAN ENERGY INC C$                   87425E103    102644      3443200 SH       DEFINED     1                          3443200
TECH DATA CORP                           878237106     37250      1600000 SH       DEFINED     1                          1600000
TECO ENERGY                              872375100    104404      4942200 SH       DEFINED     1                          4942200
TEEKAY SHIPPING CORP                     879006906      5469       350000 SH       DEFINED     1                           350000
TELE CELULAR SUL PARTICIPACOES PN ADR    879238103     37996      2006400 SH       DEFINED     1                          2006400
TELE CENTRO OESTE CELULAR PARTIC PN ADR  87923P105     16066      4850000 SH       DEFINED     1                          4850000
TELE DANMARK B ADR   SPON                879242105    160953      5433000 SH       DEFINED     1                          5433000
TELE NORDESTE CELULAR PARTICIPACO PN ADR 87924W109     18939       832500 SH       DEFINED     1                           832500
TELECOM ARGENTINA B SPON ADR             879273209     78520      2942200 SH       DEFINED     1                          2942200
TELECOM NEW ZEAL ADR SPON                879278208     24662       770700 SH       DEFINED     1                           770700
TELEFONICA ARG B ADR                     879378206     65922      2499400 SH       DEFINED     1                          2499400
TELEFONICA DEL PERU B SPON ADR           879384105     32370      2408900 SH       DEFINED     1                          2408900
TELEFONICA SPON ADR                      879382208    133929      2790196 SH       DEFINED     1                          2790196
TELEFONOS DE MEX CV NT 4.25% 06-15-04    879403AD5     46500    $50000000 PRN      DEFINED     1                        $50000000
TELEFONOS DE MEXICO L ADR                879403780   1230679     17272690 SH       DEFINED     1                         17272690
TELEGLOBE INC C$                         87941V100    109049      7050255 SH       DEFINED     1                          7050255
TERADYNE                                 880770102     83895      2380000 SH       DEFINED     1                          2380000
TEVA PHARM ADR                           881624209    132573      2635000 SH       DEFINED     1                          2635000
TEXACO INC                               881694103   1825739     28922600 SH       DEFINED     1                         28922600
TEXAS INSTRS INC                         882508104   2699816     32824512 SH       DEFINED     1                         32824512
TEXAS UTILS CO                           882848104      4507       120800 SH       DEFINED     1                           120800
TEXTRON INC                              883203101    130462      1686100 SH       DEFINED     1                          1686100
THERMEDICS                               883901100     10338      1390000 SH       DEFINED     1                          1390000
THERMO ELECTRON 144A CV SUB DEB 4.25%    883556AF9     19636    $23000000 PRN      DEFINED     1                        $23000000
  01-01-03
THERMO ELECTRON CORP                     883556102    106492      7925000 SH       DEFINED     1                          7925000
THERMO FIBERTEK INC                      88355W105      7350      1200000 SH       DEFINED     1                          1200000
THERMO INSTRUMENT SYS CV DEB 144A 4.50%  883559AC0      2640     $3000000 PRN      DEFINED     1                         $3000000
  10/15/03
THERMO INSTRUMNT CV SUB DEB 4.00%        883559AE6      8075    $10000000 PRN      DEFINED     1                        $10000000
  01/15/05
THERMOQUEST CORP                         883655102      5164       510000 SH       DEFINED     1                           510000
THOMAS & BETTS CORP                      884315102    217770      4270000 SH       DEFINED     1                          4270000
TIME WARNER INC                          887315109   3453161     56842150 SH       DEFINED     1                         56842150
TOO INC                                  890333107     67355      3755000 SH       DEFINED     1                          3755000
TORONTO DOMINION BANK (THE) C$           891160509    216946     11191200 SH       DEFINED     1                         11191200
TOTAL FINA SA ADS B SPON                 89151E109    406173      6402731 SH       DEFINED     1                          6402731
TOWER AUTOMOTIVE INC                     891707101     58554      2955400 SH       DEFINED     1                          2955400
TRANSWITCH CORP                          894065101     54720       960000 SH       DEFINED     1                           960000
TRENWICK GROUP INC                       895290104       331        20000 SH       DEFINED     1                            20000
TRIAD HOSPITALS INC                      89579K109      5009       494662 SH       DEFINED     1                           494662
TRIBUNE COMPANY                          896047107    173240      3482200 SH       DEFINED     1                          3482200
TRIGON HEALTHCARE INC                    89618L100     22820       790300 SH       DEFINED     1                           790300
TRIMBLE NAVIGATION LTD                   896239100     27146      2540000 SH       DEFINED     1                          2540000
TRW INC                                  872649108    300530      6040800 SH       DEFINED     1                          6040800
TUBOS DE ACERO ADR   NEW                 898592506      4111       335547 SH       DEFINED     1                           335547
TUPPERWARE CORP                          899896104     10125       500000 SH       DEFINED     1                           500000
U S BANCORP                              902973106    115656      3831250 SH       DEFINED     1                          3831250
U S WEST INC                             91273H101   2668984     46773000 SH       DEFINED     1                         46773000
ULTRAMAR DIAMOND SHAMROCK CORP           904000106    298156     11692400 SH       DEFINED     1                         11692400
UNIBANCO UNIT GDS (REP 500 UNITS) UNIT=1 90458E107     29077      1643900 SH       DEFINED     1                          1643900
  UBB4 +1 UBH6
UNICOM CORPORATION                       904911104     96038      2600000 SH       DEFINED     1                          2600000
UNILEVER NV NY SHRS                      904784709    170313      2500000 SH       DEFINED     1                          2500000
UNION PACIFIC                            907818108    139381      2900000 SH       DEFINED     1                          2900000
UNION PACIFIC RESOURCES GROUP INC        907834105     32125      2000000 SH       DEFINED     1                          2000000
UNITED BANKSHRS INC                      909907107     43155      1775000 SH       DEFINED     1                          1775000
UNITED HEALTHCARE CORP                   910581107    126928      2607000 SH       DEFINED     1                          2607000
UNITED TECHNOLOGIES                      913017109    777990     13116800 SH       DEFINED     1                         13116800
UNITED TELEVISION                        913066106     40139       356000 SH       DEFINED     1                           356000
UNITEDGLOBALCOM INC CL A                 913247508    236721      3305000 SH       DEFINED     1                          3305000
UNIV HEALTH SVS CL B                     913903100     64038      2474900 SH       DEFINED     1                          2474900
UNOCAL CORP                              915289102    647378     17467200 SH       DEFINED     1                         17467200
UROCOR INC                               91727P105      2456       600000 SH       DEFINED     1                           600000
USA NETWORKS INC                         902984103    329239      8496500 SH       DEFINED     1                          8496500
UST CORP                                 902900109     16913       550000 SH       DEFINED     1                           550000
UST INC                                  902911106    124976      4140000 SH       DEFINED     1                          4140000
USX-MARATHON GROUP                       902905827    447525     15300000 SH       DEFINED     1                         15300000
USX-U S STEEL GROUP                      90337T101     28325      1100000 SH       DEFINED     1                          1100000
VAIL RESORTS INC                         91879Q109     41536      1791300 SH       DEFINED     1                          1791300
VALERO ENERGY CORP NEW                   91913Y100     78155      4060000 SH       DEFINED     1                          4060000
VALSPAR CORP                             920355104    113625      3476100 SH       DEFINED     1                          3476100
VANTIVE CORP                             922091103     22667      2609156 SH       DEFINED     1                          2609156
VARIAN SEMICONDUCTOR EQUIP               922207105     24007      1139800 SH       DEFINED     1                          1139800
VERTEX PHARMACEUTCLS                     92532F100     22676       730000 SH       DEFINED     1                           730000
VF CORP                                  918204108    151900      4900000 SH       DEFINED     1                          4900000
VIACOM INC CL A                          925524100    356890      8251800 SH       DEFINED     1                          8251800
VIACOM INC CL B N/V                      925524308   3012569     71303400 SH       DEFINED     1                         71303400
VIATEL INC                               925529208     15653       529480 SH       DEFINED     1                           529480
VICAL INC                                925602104      9669       700000 SH       DEFINED     1                           700000
VIGNETTE CORP                            926734104     32707       361400 SH       DEFINED     1                           361400
VINA CONCHA Y TORO SA SPON ADR           927191106      1027        27200 SH       DEFINED     1                            27200
VINTAGE PETROLEUM                        927460105     20250      1500000 SH       DEFINED     1                          1500000
VIROPHARMA INC                           928241108     17602       790000 SH       DEFINED     1                           790000
VISIO CORP                               927914101     82818      2110000 SH       DEFINED     1                          2110000
VISION-SCIENCES INC                      927912105      1477       984500 SH       DEFINED     1                           984500
VODAFONE AIRTOUCH PLC ADR                92857T107   1260872      5303350 SH       DEFINED     1                          5303350
WACHOVIA CORPORATION                     929771103    297822      3787875 SH       DEFINED     1                          3787875
WAL MART STORES INC                      931142103    366231      7700000 SH       DEFINED     1                          7700000
WALGREEN CO                              931422109      9135       360000 SH       DEFINED     1                           360000
WARNER LAMBERT CO                        934488107    984009     14825000 SH       DEFINED     1                         14825000
WASHINGTON MUTL INC                      939322103   1010772     34556300 SH       DEFINED     1                         34556300
WASHINGTON POST CL B                     939640108      1020         2000 SH       DEFINED     1                             2000
WASHINGTON REIT SBI                      939653101      2292       145500 SH       DEFINED     1                           145500
WASTE MANAGEMENT INC CV SUB              94106LAA7     70905    $81500000 PRN      DEFINED     1                        $81500000
  4.00%02-01-02
WASTE MANAGEMENT INC NEW                 94106L109    343834     17861500 SH       DEFINED     1                         17861500
WATCHGUARD TECHNOLOGIES INC              941105108      3750       250000 SH       DEFINED     1                           250000
WATSON PHARMACEUTICAL INC                942683103      9169       300000 SH       DEFINED     1                           300000
WEINGARTEN RLTY INVS                     948741103     96614      2585000 SH       DEFINED     1                          2585000
WELLPOINT HLTH NETWK                     94973H108     82371      1445100 SH       DEFINED     1                          1445100
WELLS FARGO & CO (NEW)                   949746101   2006085     50626760 SH       DEFINED     1                         50626760
WESTERN DIGITAL CV SUB DEB 0.00% 144A    958102AF2     18900   $135000000 PRN      DEFINED     1                       $135000000
  02/18/18
WESTERN RESOURCES                        959425109     33666      1575000 SH       DEFINED     1                          1575000
WESTERN WIRELESS CORP CL A               95988E204    158666      3538200 SH       DEFINED     1                          3538200
WESTVACO CORP                            961548104    280530     10947500 SH       DEFINED     1                         10947500
WESTWOOD ONE INC                         961815107     77768      1723400 SH       DEFINED     1                          1723400
WEYERHAEUSER CO                          962166104   1309407     22722900 SH       DEFINED     1                         22722900
WHITEHALL JEWELLERS INC                  965063100     14663       510000 SH       DEFINED     1                           510000
WHITMAN CORP (NEW)                       96647R107     14963      1050000 SH       DEFINED     1                          1050000
WHITTMAN-HART INC                        966834103     12263       316200 SH       DEFINED     1                           316200
WICOR INC                                929253102     17438       600000 SH       DEFINED     1                           600000
WILLAMETTE INDUSTRIES INC                969133107    124860      2895300 SH       DEFINED     1                          2895300
WILLIAMS COS INC                         969457100   1185790     31673850 SH       DEFINED     1                         31673850
WILLIAMS-SONOMA INC                      969904101     11368       234099 SH       DEFINED     1                           234099
WILMINGTON TR CORP                       971807102     60703      1250000 SH       DEFINED     1                          1250000
WISCONSIN CENT TRANS                     976592105     40163      2934300 SH       DEFINED     1                          2934300
WISCONSIN ENERGY                         976657106    149297      6370000 SH       DEFINED     1                          6370000
WOMEN FIRST HEALHCARE                    978150100      2825       400000 SH       DEFINED     1                           400000
XEROX CORP                               984121103   1074590     25623600 SH       DEFINED     1                         25623600
XL CAPITAL LTD                           983940909    281678      6259500 SH       DEFINED     1                          6259500
YORK INTL CORP                           986670107    154255      4292300 SH       DEFINED     1                          4292300
YOUNG & RUBICAM INC                      987425105     56782      1290500 SH       DEFINED     1                          1290500
ZALE CORP                                988858106     30600       798700 SH       DEFINED     1                           798700
ZIFF-DAVIS INC - ZD                      989511100     15467       959200 SH       DEFINED     1                           959200

                                                -----------------
                                         GRAND  $  188358193


#  PURSUANT TO REG. SEC. 240.24B-2 CERTAIN CONFIDENTIAL MATERIAL HAS BEEN FILED WITH THE SECRETARY OF THE SEC FOR NON-PUBLIC
   TREATMENT

*  INVESTMENT DISCRETION IS DISCLAIMED BY THE CAPITAL GROUP COMPANIES, INC FOR ALL PURPOSES OTHER THAN FORM 13F
</TABLE>


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