<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 3/31/99
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: Dodge & Cox
--------------------------------
Address: One Sansome Street
--------------------------------
35th Floor
--------------------------------
San Francisco, CA 94104
--------------------------------
Form 13F File Number: 28-400
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: Thomas M. Mistele
----------------------------------
Title: Vice President
----------------------------------
Phone: (415) 981-1710
----------------------------------
Signature, Place, and Date of Signing:
/s/ Thomas M. Mistele San Francisco, CA 5/12/99
__________________________ _____________________________ ___________________
[Signature] [City, State] [Date]
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
[_] 13F NOTICE. (Check here if no holdings reported are in this report, and
all holdings are reported by other reporting manager(s). )
[_] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported
by other reporting manager(s).)
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
--------------
Form 13F Information Table Entry Total: 209
--------------
Form 13F Information Table Value Total: $18,614,517
--------------
(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings
and list entries.]
NONE
<PAGE>
<TABLE>
<CAPTION>
FORM 13F INFORMATION TABLE
COLUMN 1 COL. 2 COL. 3 COL 4 COLUMN 5 ---------- COL. 6 COL7 COLUMN 8 -------------------
VALUE SHARES/ SH/ PUT/ INVSTMT OTHR --- VOTING AUTHORITY ---
NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MGRS SOLE SHARED NONE
- ----------------------------- ------ --------- -------- ---------- --- ---- ------- ---- ---------- ------- ---------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
A T & T CORP COMMON 001957109 1,256 15,731 SH SOLE 14,531 1,200
ABBOTT LABORATORIES COMMON 002824100 864 18,462 SH SOLE 18,462
ADOBE SYSTEMS INC COMMON 00724F101 114,820 2,023,263 SH SOLE 1,792,513 21,000 209,750
AETNA INC COMMON 008117103 2,554 30,767 SH SOLE 28,817 1,950
AIRTOUCH COMMUNICATIONS, INC COMMON 00949T100 290 3,000 SH SOLE 2,000 1,000
ALCOA INC COMMON 013817101 471,172 11,439,694 SH SOLE 10,315,094 88,000 1,036,600
ALLSTATE CORP COMMON 020002101 687 18,524 SH SOLE 18,524
AMERADA HESS CORP COMMON 023551104 302,720 5,950,266 SH SOLE 5,401,726 38,200 510,340
AMERICAN EXPRESS COMPANY COMMON 025816109 377,330 3,204,502 SH SOLE 2,872,377 23,400 308,725
AMERICAN HOME PRODUCTS CORP COMMON 026609107 4,052 62,094 SH SOLE 59,894 2,200
AMERICAN INTERNATIONAL GROUP COMMON 026874107 11,309 93,751 SH SOLE 62,890 30,861
AMERITECH CORPORATION COMMON 030954101 8,609 149,390 SH SOLE 137,670 11,720
AMP INC COMMON 031897101 801 14,975 SH SOLE 13,875 1,100
AMSOUTH BANCORPORATION COMMON 032165102 563 12,375 SH SOLE 12,375
AON CORP COMMON 037389103 511 8,072 SH SOLE 8,072
ARCHER-DANIELS MIDLAND COMMON 039483102 149,910 10,206,656 SH SOLE 9,174,220 87,120 945,316
ATLANTIC RICHFIELD CO COMMON 048825103 847 11,582 SH SOLE 11,182 400
AVERY DENNISON CORP COMMON 053611109 368 6,400 SH SOLE 6,400
BAKER HUGHES INC COMMON 057224107 254,717 10,476,800 SH SOLE 9,359,320 100,800 1,016,680
BANK OF NEW YORK INC COMMON 064057102 967 26,920 SH SOLE 21,800 5,120
BANK ONE CORP COMMON 06423A103 7,728 140,345 SH SOLE 135,183 5,162
BANKAMERICA CORP (NEW) COMMON 06605F102 330,763 4,683,369 SH SOLE 4,221,650 31,839 429,880
BANKBOSTON CORP COMMON 06605R106 8,696 200,764 SH SOLE 178,364 22,400
BAUSCH & LOMB COMMON 071707103 225,920 3,475,685 SH SOLE 3,087,835 28,500 359,350
BAXTER INTERNATIONAL INC COMMON 071813109 420 6,366 SH SOLE 6,366
BCE INC COMMON 05534B109 5,570 125,700 SH SOLE 117,400 8,300
BELL ATLANTIC CORP COMMON 077853109 592 11,446 SH SOLE 7,710 3,736
BELLSOUTH CORP COMMON 079860102 354 8,828 SH SOLE 5,028 3,800
BERKSHIRE HATHAWAY INC DEL COMMON 084670108 643 9 SH SOLE 0 9
BERKSHIRE HATHAWAY, INC CLASS COMMON 084670207 10,145 4,315 SH SOLE 3,745 570
BOEING CO COMMON 097023105 2,237 65,798 SH SOLE 65,798
BOISE CASCADE CORP COMMON 097383103 116,802 3,621,762 SH SOLE 3,238,473 31,800 351,489
BP AMOCO PLC ADR COMMON 055622104 97,993 970,229 SH SOLE 811,092 10,454 148,683
BRISTOL-MYERS SQUIBB CO COMMON 110122108 5,901 92,030 SH SOLE 70,470 21,560
BURLINGTON RESOURCES, INC. COMMON 122014103 233 5,838 SH SOLE 5,838
C S X CORP COMMON 126408103 261 6,700 SH SOLE 6,700
CANADIAN PACIFIC LTD COMMON 135923100 206,176 10,539,344 SH SOLE 9,764,294 81,400 693,650
CAROLINA POWER & LIGHT CO COMMON 144141108 2,091 55,300 SH SOLE 47,800 7,500
CATERPILLAR INC COMMON 149123101 240,392 5,233,018 SH SOLE 4,719,534 32,200 481,284
CENTRAL & SOUTH WEST CORP COMMON 152357109 211,153 9,009,191 SH SOLE 8,061,241 70,500 877,450
CHAMPION INTERNATIONAL CORP COMMON 158525105 243,719 5,935,330 SH SOLE 5,343,130 39,900 552,300
CHASE MANHATTAN CORP COMMON 16161A108 570 7,000 SH SOLE 7,000
CHEVRON CORP COMMON 166751107 306,420 3,452,625 SH SOLE 3,097,933 24,000 330,692
CHINA YUCHAI INTL LTD COMMON G21082105 138 276,300 SH SOLE 276,300
CHUBB CORP COMMON 171232101 168,182 2,871,831 SH SOLE 2,572,981 18,900 279,950
CIGNA CORP COMMON 125509109 15,190 181,242 SH SOLE 169,556 11,686
CITIGROUP INC COMMON 172967101 501,903 7,857,583 SH SOLE 7,042,488 54,000 761,095
CNA FINANCIAL CORP COMMON 126117100 8,040 207,150 SH SOLE 195,800 11,350
COCA COLA CO COMMON 191216100 3,708 60,410 SH SOLE 48,910 11,500
COLGATE-PALMOLIVE CO COMMON 194162103 982 10,676 SH SOLE 10,676
CONSOLIDATED EDISON INC COMMON 209115104 300 6,626 SH SOLE 6,626
CONSOLIDATED NATURAL GAS CO COMMON 209615103 372 7,635 SH SOLE 5,985 1,650
CORNING INC COMMON 219350105 179,071 2,984,515 SH SOLE 2,679,499 23,100 281,916
CVS CORP COMMON 126650100 1,059 22,300 SH SOLE 19,900 2,400
DAYTON HUDSON CORP COMMON 239753106 58,378 876,221 SH SOLE 783,171 93,050
DEERE & CO COMMON 244199105 362,257 9,378,826 SH SOLE 8,405,040 68,700 905,086
DILLARD'S INC CLASS A COMMON 254067101 146,103 5,757,761 SH SOLE 5,197,311 40,700 519,750
DOLE FOOD CO. INC. COMMON 256605106 125,201 4,173,358 SH SOLE 3,720,258 30,200 422,900
DOMINION RESOURCES INC VA COMMON 257470104 559 15,122 SH SOLE 11,920 3,202
DOW CHEMICAL CO COMMON 260543103 394,782 4,236,428 SH SOLE 3,812,008 32,300 392,120
DOW JONES & CO COMMON 260561105 103,893 2,201,711 SH SOLE 1,927,061 23,600 251,050
DUKE ENERGY CORP COMMON 264399106 4,654 84,905 SH SOLE 36,605 48,300
DUN & BRADSTREET CORP(NEW) COMMON 26483B106 292 8,200 SH SOLE 4,400 3,800
E I DU PONT DE NEMOURS & CO COMMON 263534109 16,029 276,066 SH SOLE 264,016 12,050
EASTMAN CHEMICAL CO COMMON 277432100 135,517 3,221,796 SH SOLE 2,898,436 26,500 296,860
EASTMAN KODAK CO COMMON 277461109 1,378 21,571 SH SOLE 21,471 100
EDISON BROS STORES COMMON 280875303 30 302,000 SH SOLE 302,000
EDISON INTERNATIONAL COMMON 281020107 4,028 181,019 SH SOLE 163,369 17,650
ELECTRONIC DATA SYSTEMS COMMON 285661104 328,234 6,741,640 SH SOLE 6,034,840 55,400 651,400
ELI LILLY & CO COMMON 532457108 13,619 160,465 SH SOLE 147,909 12,556
EMERSON ELECTRIC CO COMMON 291011104 402 7,592 SH SOLE 2,992 4,600
ENRON CORP COMMON 293561106 501 7,800 SH SOLE 7,200 600
EQUITY RESIDENTIAL PPTYS TR COMMON 29476L107 63,061 1,528,750 SH SOLE 1,463,950 10,000 54,800
ERICSSON (LM) TEL'B'ADR COMMON 294821400 257 10,800 SH SOLE 10,800
EXXON CORP COMMON 302290101 19,119 270,948 SH SOLE 264,848 6,100
FDX CORP COMMON 31304N107 575,385 6,186,932 SH SOLE 5,538,161 50,200 598,571
FIRST HEALTH GROUP CORP COMMON 320960107 65,806 4,096,900 SH SOLE 3,664,900 44,400 387,600
FIRST MIDWEST BANCORP INC COMMON 320867104 254 6,686 SH SOLE 6,686
FIRST VIRGINIA BANKS INC COMMON 337477103 222 4,850 SH SOLE 4,850
FLEMING COS INC COMMON 339130106 15,788 1,843,816 SH SOLE 1,589,016 9,600 245,200
FLUOR CORP COMMON 343861100 116,313 4,307,900 SH SOLE 3,810,800 37,500 459,600
FORD MOTOR CO COMMON 345370100 284,110 5,011,860 SH SOLE 4,462,860 40,500 508,500
FORT JAMES CORP COMMON 347471104 249,614 7,877,365 SH SOLE 7,048,415 62,200 766,750
FPL GROUP INC COMMON 302571104 152,119 2,856,700 SH SOLE 2,563,908 21,400 271,392
GENERAL ELECTRIC CO COMMON 369604103 46,592 421,173 SH SOLE 385,468 35,705
GENERAL MILLS INC COMMON 370334104 378 5,000 SH SOLE 4,400 600
GENERAL MOTORS CORP COMMON 370442105 584,427 6,717,547 SH SOLE 6,059,153 49,000 609,394
GENUINE PARTS CO COMMON 372460105 172,732 5,995,044 SH SOLE 5,411,682 44,800 538,562
GEORGIA PACIFIC CORP COMMON 373298108 212 2,849 SH SOLE 1,649 1,200
GLAXO WELCOME PLC ADR COMMON 37733W105 268 4,000 SH SOLE 4,000
GOLDEN WEST FINANCIAL CORP COMMON 381317106 395,372 4,140,026 SH SOLE 3,666,776 32,200 441,050
GREAT LAKES CHEMICAL CORP COMMON 390568103 309 8,420 SH SOLE 8,420
GTE CORP COMMON 362320103 2,000 33,058 SH SOLE 30,518 2,540
HALLIBURTON CO COMMON 406216101 9,397 244,082 SH SOLE 212,082 32,000
HARTFORD FINANCIAL SVCS GRP COMMON 416515104 1,480 26,046 SH SOLE 19,546 6,500
HEWLETT PACKARD CO COMMON 428236103 381,240 5,621,972 SH SOLE 5,036,834 39,500 545,638
HONEYWELL INC COMMON 438506107 7,550 99,588 SH SOLE 94,143 5,445
HOUGHTON MIFFLIN CO COMMON 441560109 281 6,000 SH SOLE 6,000
INGERSOLL RAND CO COMMON 456866102 2,654 53,476 SH SOLE 49,476 4,000
INTEL CORP COMMON 458140100 468 3,940 SH SOLE 3,940
INTERNATIONAL BUSINESS MCH CO COMMON 459200101 62,586 353,097 SH SOLE 313,749 39,348
INTERNATIONAL PAPER CO COMMON 460146103 162,109 3,842,586 SH SOLE 3,477,086 25,400 340,100
INTERPUBLIC GROUP COMPANIES COMMON 460690100 204 2,625 SH SOLE 2,625
INTL FLAVORS & FRAGRANCES INC COMMON 459506101 1,647 43,860 SH SOLE 42,960 900
ITT INDUSTRIES COMMON 450911102 317 8,973 SH SOLE 6,573 2,400
JOHNSON & JOHNSON COMMON 478160104 4,637 49,590 SH SOLE 41,784 7,806
K MART CORP COMMON 482584109 472,720 28,117,160 SH SOLE 25,360,010 208,900 2,548,250
K-MART FINANCING I, 7 3/4 CON COMMON 498778208 7,308 120,800 SH SOLE 89,200 2,500 29,100
KIMBERLY CLARK CORP COMMON 494368103 1,581 32,972 SH SOLE 28,972 4,000
LINCOLN NATIONAL CORP COMMON 534187109 211 2,132 SH SOLE 1,732 400
LOCKHEED MARTIN CORP COMMON 539830109 213,457 5,654,500 SH SOLE 5,163,100 27,500 463,900
LOEWS CORP COMMON 540424108 216,327 2,898,850 SH SOLE 2,637,250 22,300 239,300
LUBRIZOL CORP COMMON 549271104 40,072 1,780,985 SH SOLE 1,631,585 24,000 125,400
MARSH & MCLENNAN CO COMMON 571748102 1,308 17,616 SH SOLE 17,616
MASCO CORP COMMON 574599106 9,676 342,500 SH SOLE 289,900 52,600
MATSUSHITA ELEC IND ADR COMMON 576879209 340,313 1,759,861 SH SOLE 1,606,061 14,100 139,700
MC DONALDS CORP COMMON 580135101 603 13,316 SH SOLE 11,300 2,016
MC GRAW-HILL COMPANIES INC COMMON 580645109 807 14,800 SH SOLE 6,800 8,000
MEDITRUST CORP PAIRED COMMON 58501T306 269 21,644 SH SOLE 18,524 3,120
MELLON BANK CORP COMMON 585509102 6,265 89,030 SH SOLE 79,180 9,850
MERCANTILE BANKSHARES CORP COMMON 587405101 263 7,100 SH SOLE 7,100
MERCK & CO INC COMMON 589331107 13,255 165,428 SH SOLE 155,262 10,166
MERRILL LYNCH & CO INC COMMON 590188108 389 4,400 SH SOLE 4,400
MICROSOFT CORP COMMON 594918104 241 2,688 SH SOLE 2,688
MINNESOTA MINING & MFG CO COMMON 604059105 11,137 157,409 SH SOLE 146,909 10,500
MOBIL CORP COMMON 607059102 11,119 126,351 SH SOLE 116,951 9,400
MONSANTO COMPANY COMMON 611662107 8,765 190,808 SH SOLE 169,318 21,490
MORGAN (J P) & CO COMMON 616880100 15,001 121,591 SH SOLE 108,541 13,050
MORGAN STANLEY, DEAN WITTER & COMMON 617446448 328 3,284 SH SOLE 3,284
MOTOROLA INC COMMON 620076109 531,109 7,250,632 SH SOLE 6,513,282 55,600 681,750
NALCO CHEMICAL COMPANY COMMON 629853102 91,761 3,454,540 SH SOLE 3,054,752 22,200 377,588
NATIONAL SEMICONDUCTOR CORP COMMON 637640103 100,682 10,811,450 SH SOLE 9,877,550 79,600 854,300
NCR CORP COMMON 62886E108 333,059 6,661,174 SH SOLE 6,007,843 47,800 605,531
NEW ENGLAND ELECTRIC SYSTEM COMMON 644001109 213 4,400 SH SOLE 4,400
NEWS CORP LTD PFD ORD ADR COMMON 652487802 379,000 13,781,800 SH SOLE 12,576,250 109,200 1,096,350
NIPSCO INDUSTRIES INC COMMON 629140104 967 35,800 SH SOLE 28,800 7,000
NORDSTROM INC COMMON 655664100 270,436 6,616,164 SH SOLE 5,974,214 46,400 595,550
NORFOLK SOUTHERN CORP COMMON 655844108 2,115 80,182 SH SOLE 78,982 1,200
NOVA CHEMICALS CORP COMMON 66977W109 24,095 1,438,506 SH SOLE 1,314,906 22,840 100,760
OCCIDENTAL PETROLEUM CORP COMMON 674599105 239,550 13,308,309 SH SOLE 11,830,259 116,900 1,361,150
P N C BANK CORP COMMON 693475105 6,286 113,135 SH SOLE 108,235 4,900
PARKER-HANNIFIN CORP COMMON 701094104 1,342 39,185 SH SOLE 33,935 5,250
PENNEY (J C) CO COMMON 708160106 1,672 41,280 SH SOLE 37,280 4,000
PEPSICO INC COMMON 713448108 893 22,800 SH SOLE 22,800
PFIZER INC COMMON 717081103 7,533 54,293 SH SOLE 40,526 13,767
PG&E CORPORATION COMMON 69331C108 3,803 122,438 SH SOLE 117,266 5,172
PHARMACIA & UPJOHN, INC COMMON 716941109 540,049 8,658,103 SH SOLE 7,891,855 34,000 732,248
PHILIP MORRIS COMPANIES INC COMMON 718154107 1,777 50,500 SH SOLE 42,700 7,800
PHILLIPS PETROLEUM CO COMMON 718507106 282,182 5,972,110 SH SOLE 5,390,959 44,900 536,251
PITNEY BOWES INC COMMON 724479100 255 4,000 SH SOLE 4,000
PITTSTON CO - MINERALS GROUP COMMON 725701205 780 479,800 SH SOLE 479,800
PROCTER & GAMBLE CO COMMON 742718109 40,975 418,375 SH SOLE 385,540 32,835
R R DONNELLEY & SONS CO COMMON 257867101 264,504 8,217,598 SH SOLE 7,386,318 62,000 769,280
RAYCHEM CORP COMMON 754603108 131,631 5,834,064 SH SOLE 5,218,664 52,300 563,100
RELIANT ENERGY INC COMMON 75952J108 240 9,190 SH SOLE 7,464 1,726
REPUBLIC NY CORP COMMON 760719104 297,288 6,445,258 SH SOLE 5,806,008 46,800 592,450
RIO TINTO PLC-SPON ADR COMMON 767204100 324,145 5,893,550 SH SOLE 5,399,200 45,300 449,050
RIO TINTO-SPONS ADR COMMON 767202104 3,197 57,424 SH SOLE 57,424
ROYAL DUTCH PETROLEUM CO COMMON 780257804 144,475 2,778,374 SH SOLE 2,565,874 18,800 193,700
SAFECO CORP COMMON 786429100 1,514 37,452 SH SOLE 37,452
SAFEWAY INC COMMON 786514208 246 4,800 SH SOLE 4,800
SBC COMMUNICATIONS, INC COMMON 78387G103 2,742 58,119 SH SOLE 53,107 5,012
SCHERING-PLOUGH CORP COMMON 806605101 21,777 394,154 SH SOLE 387,362 6,792
SCHLUMBERGER LTD COMMON 806857108 133,787 2,222,842 SH SOLE 2,094,192 8,000 120,650
SEALED AIR CORP COMMON 81211K100 319 6,483 SH SOLE 5,036 1,447
SEALED AIR CORP PFD S$ CV PRF 81211K209 299 6,031 SH SOLE 4,749 1,282
SEARS ROEBUCK & CO COMMON 812387108 290 6,421 SH SOLE 6,421
SEMPRA ENERGY INC COMMON 816851109 1,790 93,298 SH SOLE 80,424 12,874
SERVICEMASTER CO. COMMON 81760N109 251 12,375 SH SOLE 3,000 9,375
SIGMA-ALDRICH CORP COMMON 826552101 763 26,100 SH SOLE 26,100
SMITHKLINE BEECHAM PLC ADR'S COMMON 832378301 6,874 96,138 SH SOLE 75,088 21,050
SOLUTIA INC COMMON 834376105 466 26,834 SH SOLE 24,136 2,698
SONAT INC COMMON 835415100 4,262 142,083 SH SOLE 125,233 16,850
SONY CORP ADR COMMON 835699307 349,608 3,828,701 SH SOLE 3,484,601 34,000 310,100
ST PAUL COMPANIES INC COMMON 792860108 277,733 8,941,092 SH SOLE 8,001,758 66,800 872,534
STATE STREET CORP COMMON 857477103 1,727 21,000 SH SOLE 21,000
STORAGE TECHNOLOGY COMMON 862111200 31,510 1,130,400 SH SOLE 1,095,600 34,800
SUN MICROSYSTEMS INC COMMON 866810104 888 7,100 SH SOLE 7,100
SUNDSTRAND CORP COMMON 867323107 5,703 82,056 SH SOLE 70,556 11,500
SYBASE INC COMMON 871130100 37,985 4,785,487 SH SOLE 4,291,087 68,000 426,400
SYSCO CORP COMMON 871829107 221 8,400 SH SOLE 8,400
TECO ENERGY INC COMMON 872375100 439 22,100 SH SOLE 19,400 2,700
TEXACO INC COMMON 881694103 506 8,912 SH SOLE 8,912
TEXAS INSTRUMENTS INC COMMON 882508104 32,751 329,984 SH SOLE 296,740 33,244
TEXAS UTILITIES CO COMMON 882848104 181,958 4,332,330 SH SOLE 3,884,110 33,800 414,420
TIME WARNER INC COMMON 887315109 2,642 37,308 SH SOLE 35,508 1,800
TIMES MIRROR CO SERIES A COMMON 887364107 1,916 35,393 SH SOLE 33,260 2,133
TRANSAMERICA CORPORATION COMMON 893485102 280 3,950 SH SOLE 3,950
TRANSCANADA PIPELINES LTD COMMON 893526103 46,359 3,618,233 SH SOLE 3,331,333 32,200 254,700
UNICOM CORP COMMON 904911104 910 24,900 SH SOLE 23,800 1,100
UNILEVER NV COMMON 904784501 4,787 72,050 SH SOLE 54,150 17,900
UNION CARBIDE CORP COMMON 905581104 123,007 2,722,150 SH SOLE 2,399,700 24,300 298,150
UNION PACIFIC CORP COMMON 907818108 527,762 9,876,249 SH SOLE 8,893,437 78,900 903,912
UNION PACIFIC RESOURCES GROUP COMMON 907834105 177,969 14,986,861 SH SOLE 13,462,538 122,363 1,401,959
UNIONBANCAL CORPORATION COMMON 908906100 428 12,570 SH SOLE 12,570
UNITED TECHNOLOGIES CORP COMMON 913017109 470 3,470 SH SOLE 3,470
UNOCAL CORP COMMON 915289102 261,809 7,099,900 SH SOLE 6,365,300 57,100 677,500
UNOVA, INC. COMMON 91529B106 44,705 3,389,933 SH SOLE 3,061,433 37,100 291,400
V F CORP COMMON 918204108 1,309 27,550 SH SOLE 25,100 2,450
WAL-MART STORES INC COMMON 931142103 369 4,000 SH SOLE 4,000
WALT DISNEY CO COMMON 254687106 948 30,471 SH SOLE 19,176 11,295
WASHINGTON MUTUAL INC COMMON 939322103 691 16,906 SH SOLE 16,906
WELLS FARGO & CO (NEW) COMMON 949746101 283,532 8,086,475 SH SOLE 7,209,205 59,400 817,870
WESTERN RESOURCES INC COMMON 959425109 2,003 75,065 SH SOLE 71,280 3,785
WEYERHAEUSER CO COMMON 962166104 329,462 5,936,251 SH SOLE 5,308,586 53,200 574,465
WHIRLPOOL CORP COMMON 963320106 270,706 4,978,495 SH SOLE 4,453,795 34,100 490,600
WILLAMETTE INDUSTRIES INC COMMON 969133107 484 12,816 SH SOLE 12,816
WISCONSIN ENERGY CORP COMMON 976657106 129,428 4,966,050 SH SOLE 4,537,600 36,700 391,750
XEROX CORP COMMON 984121103 225,869 4,333,218 SH SOLE 3,846,418 32,000 454,800
</TABLE>
