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OMB Number: 3235-0006
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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: 6/30/00
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: LUTHER KING CAPITAL MANAGEMENT
Address: 301 Commerce Street
Suite 1600
Fort Worth, TX 76102
13F File Number: 28-1071
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: Barbara Garcia
Title: Treasurer
Phone: 817-332-3235
Signature, Place, and Date of Signing:
/s/ BARBARA GARCIA Fort Worth, TX 7/10/00
-------------------------------- ---------------------------- ----------
[Signature] [City, State] [Date]
Report Type (Check only one):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report, and
all holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported
by other reporting manager(s).)
List of Other Managers Reporting for this Manager:
None.
<PAGE> 2
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: None
Form 13F Information Table Entry Total: 366
Form 13F Information Table Value Total: $4,865,572,597
(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
None.
<PAGE> 3
FORM 13F INFORMATION TABLE
<TABLE>
<CAPTION>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
------------------------ -------------- --------- -------- ------------------ ---------- -------- --------------------
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------ -------------- --------- -------- ------- --- ---- ---------- -------- --------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
RAILAMERICA,INC JR CV SU BND CV 000009993 2750 275000 PRN SOLE 0 275000 0
ACT MFG INC COMMON 000973107 1941 41800 SH SOLE 0 41800 0
AMFM INC COMMON 001693100 13537 196194 SH SOLE 0 196194 0
AMERICAN TEL & TELEG CO COMMON 001957109 15643 494629 SH SOLE 0 494629 0
AT&T CORP COM LIB GRP A COMMON 001957208 2643 109000 SH SOLE 0 109000 0
AT&T WIRELESS COMMON 001957406 4028 144500 SH SOLE 0 144500 0
AXA FINL INC COMMON 002451102 877 25800 SH SOLE 0 25800 0
ABBOTT LABORATORIES COMMON 002824100 3968 89040 SH SOLE 0 89040 0
ADAPTEC INC COMMON 00651F108 3754 165000 SH SOLE 0 165000 0
AGILENT TECHNOLOGIES INC COMMON 00846U101 24952 338326 SH SOLE 0 338326 0
AIRGATE PCS INC COMMON 009367103 788 15000 SH SOLE 0 15000 0
ALCATEL COMMON 013904305 958 14400 SH SOLE 0 14400 0
ALLEGIANCE TELECOM INC COMMON 01747T102 384 6000 SH SOLE 0 6000 0
ALLIED WASTE INDS INC COMMON 019589308 4400 440000 SH SOLE 0 440000 0
ALLTEL CORPORATION COMMON 020039103 86953 1403879 SH SOLE 0 1403879 0
AMERICA ONLINE INC DEL COMMON 02364J104 21154 401500 SH SOLE 0 401500 0
AMERICAN EXPRESS CO COMMON 025816109 607 11643 SH SOLE 0 11643 0
AMERICAN GENERAL CORP COMMON 026351106 52482 860360 SH SOLE 0 860360 0
AMERICAN HOME PRODS CORP COMMON 026609107 752 12800 SH SOLE 0 12800 0
AMERICAN INTL GROUP INC COMMON 026874107 8237 70106 SH SOLE 0 70106 0
AMERICREDIT CORP COMMON 03060R101 889 52300 SH SOLE 0 52300 0
AMGEN INC COMMON 031162100 646 9200 SH SOLE 0 9200 0
ANADARKO PETROLEUM CORP COMMON 032511107 15410 312500 SH SOLE 0 312500 0
ANHEUSER BUSCH COS INC COMMON 035229103 14213 190300 SH SOLE 0 190300 0
ANTEC CORP COMMON 03664P105 23367 562225 SH SOLE 0 562225 0
APACHE CORP COMMON 037411105 2058 35000 SH SOLE 0 35000 0
APPLIED MATLS INC COMMON 038222105 6874 75848 SH SOLE 0 75848 0
ASSOCIATES FIRST CAP COR COMMON 046008108 19889 891365 SH SOLE 0 891365 0
ATLANTIC GULF COMMUNITIE PFD CV 048556203 276 55206 SH SOLE 0 55206 0
ATLANTIC GULF COMM CORP PFD CV 048556922 175 35000 SH SOLE 0 35000 0
AUTOMATIC DATA PROCESSIN COMMON 053015103 455 8500 SH SOLE 0 8500 0
AVNET INC COMMON 053807103 587 9900 SH SOLE 0 9900 0
AZTEC MANUFACTURING CO COMMON 054825104 2605 160300 SH SOLE 0 160300 0
BJ SVCS CO COMMON 055482103 7081 113300 SH SOLE 0 113300 0
</TABLE>
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<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
BP AMOCO P L C COMMON 055622104 60615 1071647 SH SOLE 0 1071647 0
BAKER HUGHES INC COMMON 057224107 1720 53750 SH SOLE 0 53750 0
BANK OF AMERICA CORP COMMON 060505104 594 13825 SH SOLE 0 13825 0
BANK NEW YORK INC COMMON 064057102 1093 23500 SH SOLE 0 23500 0
BANK ONE CORP COMMON 06423A103 455 17125 SH SOLE 0 17125 0
C R BARD INC COMMON 067383109 1612 33500 SH SOLE 0 33500 0
BARRETT RES CORP COMMON 068480201 1522 50000 SH SOLE 0 50000 0
BASIN EXPL INC COMMON 070107107 894 50000 SH SOLE 0 50000 0
BAXTER INTERNATIONAL INC COMMON 071813109 586 8330 SH SOLE 0 8330 0
BED BATH & BEYOND INC COMMON 075896100 399 11000 SH SOLE 0 11000 0
BELDEN INC COMMON 077459105 2588 101000 SH SOLE 0 101000 0
BELL ATLANTIC CORP COMMON 077853109 24085 474000 SH SOLE 0 474000 0
BELLSOUTH CORPORATION COMMON 079860102 861 20200 SH SOLE 0 20200 0
BELO A H CORP DEL COMMON 080555105 38465 2221803 SH SOLE 0 2221803 0
BERKSHIRE HATHAWAY INC D COMMON 084670108 699 13 SH SOLE 0 13 0
BESTFOODS COMMON 08658U101 346 5000 SH SOLE 0 5000 0
BIOGEN INC COMMON 090597105 548 8500 SH SOLE 0 8500 0
BIOVAIL CORP COMMON 09067J109 3326 60000 SH SOLE 0 60000 0
H & R BLOCK INC COMMON 093671105 20719 639975 SH SOLE 0 639975 0
BOEING COMPANY COMMON 097023105 633 15150 SH SOLE 0 15150 0
BOISE CASCADE CORP COMMON 097383103 17414 673000 SH SOLE 0 673000 0
BOOKHAM TECHNOLOGY PLC COMMON 09856Q108 2086 35200 SH SOLE 0 35200 0
BRANDYWINE RLTY TR COMMON 105368203 2764 144500 SH SOLE 0 144500 0
BRINKER INTERNATL INC COMMON 109641100 390 13322 SH SOLE 0 13322 0
BRISTOL-MYERS SQUIBB CO COMMON 110122108 4296 73752 SH SOLE 0 73752 0
BROADCOM CORP COMMON 111320107 2343 10700 SH SOLE 0 10700 0
BROCADE COMMUNICATIONS S COMMON 111621108 2569 14000 SH SOLE 0 14000 0
BROWN FORMAN CORP COMMON 115637209 323 6000 SH SOLE 0 6000 0
TOM BROWN INC COMMON 115660201 6919 300000 SH SOLE 0 300000 0
BUCKEYE PARTNERS L P COMMON 118230101 276 10300 SH SOLE 0 10300 0
BUCKEYE TECHNOLOGIES INC COMMON 118255108 2106 96000 SH SOLE 0 96000 0
BURLINGTON RESOURCES INC COMMON 122014103 11586 302899 SH SOLE 0 302899 0
CBRL GROUP INC COMMON 12489V106 1102 75000 SH SOLE 0 75000 0
CDW COMPUTER CTRS INC COMMON 125129106 2163 34600 SH SOLE 0 34600 0
CNA SURETY CORP COMMON 12612L108 2996 251000 SH SOLE 0 251000 0
</TABLE>
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<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
CABOT OIL & GAS CORP COMMON 127097103 25044 1182000 SH SOLE 0 1182000 0
CALPINE CORP COMMON 131347106 434 6600 SH SOLE 0 6600 0
CAMDEN PPTY TR COMMON 133131102 324 11020 SH SOLE 0 11020 0
CAMPBELL SOUP CO COMMON 134429109 255 8750 SH SOLE 0 8750 0
CAPITAL ONE FINL CORP COMMON 14040H105 5415 121345 SH SOLE 0 121345 0
CAPROCK COMMUNICATIONS C COMMON 140667106 975 50000 SH SOLE 0 50000 0
CARBO CERAMICS INC COMMON 140781105 2108 60000 SH SOLE 0 60000 0
CARDINAL HEALTH INC COMMON 14149Y108 623 8425 SH SOLE 0 8425 0
CASELLA WASTE SYS INC COMMON 147448104 3118 290000 SH SOLE 0 290000 0
CEDAR FAIR L P COMMON 150185106 216 11200 SH SOLE 0 11200 0
CENTEX CORPORATION COMMON 152312104 625 26600 SH SOLE 0 26600 0
CENTEX CONSTRUCTION PROD COMMON 15231R109 318 14000 SH SOLE 0 14000 0
CHART INDS INC COMMON 16115Q100 1594 327000 SH SOLE 0 327000 0
CHASE MANHATTAN CORP NEW COMMON 16161A108 13831 300276 SH SOLE 0 300276 0
CHEVRON CORPORATION COMMON 166751107 1932 22778 SH SOLE 0 22778 0
CHIEFTAIN INTL INC COMMON 16867C101 1144 60000 SH SOLE 0 60000 0
CIENA CORP COMMON 171779101 6384 38300 SH SOLE 0 38300 0
CISCO SYS INC COMMON 17275R102 116283 1829426 SH SOLE 0 1829426 0
CITIGROUP INC COMMON 172967101 38987 647091 SH SOLE 0 647091 0
CLEAR CHANNEL COMM INC COMMON 184502102 895 11928 SH SOLE 0 11928 0
COASTAL CORPORATION COMMON 190441105 205 3375 SH SOLE 0 3375 0
COCA-COLA COMPANY COMMON 191216100 14892 259266 SH SOLE 0 259266 0
COLGATE-PALMOLIVE CO COMMON 194162103 125772 2100584 SH SOLE 0 2100584 0
COMCAST CORPORATION CL K COMMON 200300200 365 9000 SH SOLE 0 9000 0
COMPAQ COMPUTER CORP COMMON 204493100 765 29920 SH SOLE 0 29920 0
COMPASS BANCSHARES INC COMMON 20449H109 7173 420417 SH SOLE 0 420417 0
CONCERO INC COMMON 206018103 459 37500 SH SOLE 0 37500 0
CONOCO INC COMMON 208251405 574 23389 SH SOLE 0 23389 0
COOPER CAMERON CORP COMMON 216640102 9049 137100 SH SOLE 0 137100 0
CORNING INCORPORATED COMMON 219350105 129278 479030 SH SOLE 0 479030 0
COTT CORP QUE COMMON 22163N106 1582 263700 SH SOLE 0 263700 0
COX COMMUNICATIONS INC N COMMON 224044107 412 9046 SH SOLE 0 9046 0
CREDENCE SYS CORP COMMON 225302108 1435 26000 SH SOLE 0 26000 0
CRESCENT REAL ESTATE EQU COMMON 225756105 20446 997369 SH SOLE 0 997369 0
CROSS TIMBERS OIL CO COMMON 227573102 4200 189815 SH SOLE 0 189815 0
</TABLE>
Page 3
<PAGE> 6
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
CROSS TIMBERS ROYALTY TR COMMON 22757R109 169 12200 SH SOLE 0 12200 0
CROWN CASTLE INTL CORP COMMON 228227104 5636 154400 SH SOLE 0 154400 0
CULLEN FROST BANKERS INC COMMON 229899109 35253 1339800 SH SOLE 0 1339800 0
DALLAS SEMICONDUCTOR COR COMMON 235204104 10794 264875 SH SOLE 0 264875 0
DATA RETURN CORP COMMON 23785M104 232 8000 SH SOLE 0 8000 0
CROWN CASTLE DECS TR V PFD CV 24366F203 11496 351700 SH SOLE 0 351700 0
DEERE & CO COMMON 244199105 4705 127160 SH SOLE 0 127160 0
DELL COMPUTER CORP COMMON 247025109 26985 547225 SH SOLE 0 547225 0
DENDRITE INTL INC COMMON 248239105 733 22000 SH SOLE 0 22000 0
DEVON ENERGY CORP NEW COMMON 25179M103 2528 45000 SH SOLE 0 45000 0
DIEBOLD INCORPORATED COMMON 253651103 22248 798145 SH SOLE 0 798145 0
DILLARDS INC COMMON 254067101 219 17900 SH SOLE 0 17900 0
WALT DISNEY COMPANY COMMON 254687106 36958 952227 SH SOLE 0 952227 0
DONALDSON LUFKIN & JENRE COMMON 257661108 424 10000 SH SOLE 0 10000 0
DREW INDUSTRIES INC COMMON 26168L205 417 53000 SH SOLE 0 53000 0
DRIL-QUIP INC COMMON 262037104 4441 95000 SH SOLE 0 95000 0
DRYPERS CORP COMMON 262497308 398 255000 SH SOLE 0 255000 0
DSET CORP COMMON 262504103 304 10000 SH SOLE 0 10000 0
E I DU PONT DE NEMOURS COMMON 263534109 11596 265051 SH SOLE 0 265051 0
DUKE ENERGY CORP COMMON 264399106 451 8002 SH SOLE 0 8002 0
E M C CORP MASS COMMON 268648102 58440 759580 SH SOLE 0 759580 0
ENRON OIL & GAS COMPANY COMMON 26875P101 12638 377250 SH SOLE 0 377250 0
EARTHGRAINS CO COMMON 270319106 5073 261000 SH SOLE 0 261000 0
EDWARDS AG INC COMMON 281760108 246 6316 SH SOLE 0 6316 0
EL PASO ENERGY PARTNERS COMMON 28368B102 587 24100 SH SOLE 0 24100 0
EL PASO ENERGY CORP DEL COMMON 283905107 5433 106660 SH SOLE 0 106660 0
EMERSON ELECTRIC CO COMMON 291011104 5032 83350 SH SOLE 0 83350 0
EMMIS COMMUNICATIONS COR COMMON 291525103 2143 51800 SH SOLE 0 51800 0
ENCAL ENERGY LTD COMMON 29250D107 9992 1575000 SH SOLE 0 1575000 0
ENRON CORP COMMON 293561106 2919 45252 SH SOLE 0 45252 0
ERICSSON L M TEL CO COMMON 294821400 3612 180600 SH SOLE 0 180600 0
EXODUS COMMUNICATIONS IN COMMON 302088109 2427 52700 SH SOLE 0 52700 0
EXTENDED STAY AMER INC COMMON 30224P101 93 10000 SH SOLE 0 10000 0
EXXON MOBIL CORP COMMON 30231G102 266725 3397770 SH SOLE 0 3397770 0
F M C CORP COMMON 302491303 290 5000 SH SOLE 0 5000 0
</TABLE>
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<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
FVNB CORP COMMON 302674106 1637 48500 SH SOLE 0 48500 0
FAMILY DLR STORES INC COMMON 307000109 7363 376400 SH SOLE 0 376400 0
FEDERAL NATL MTG ASSN COMMON 313586109 26108 500279 SH SOLE 0 500279 0
FIFTH THIRD BANCORP COMMON 316773100 360 5692 SH SOLE 0 5692 0
FIRST DATA CORP COMMON 319963104 39612 798225 SH SOLE 0 798225 0
FIRSTAR CORP NEW WIS COMMON 33763V109 7693 365268 SH SOLE 0 365268 0
GANNETT CO INC COMMON 364730101 23296 389480 SH SOLE 0 389480 0
GENENTECH INC COMMON 368710406 1875 10900 SH SOLE 0 10900 0
GENERAL ELECTRIC CO COMMON 369604103 168287 3175231 SH SOLE 0 3175231 0
GENERAL MILLS INC COMMON 370334104 245 6400 SH SOLE 0 6400 0
GENERAL MTRS CORP COMMON 370442105 200 3452 SH SOLE 0 3452 0
GILLETTE COMPANY COMMON 375766102 14495 414871 SH SOLE 0 414871 0
GLAXO HOLDINGS PLC ADR COMMON 37733W105 543 9400 SH SOLE 0 9400 0
GRANT PRIDECO INC COMMON 38821G101 2067 82680 SH SOLE 0 82680 0
GREAT PLAINS SOFTWARE COMMON 39119E105 383 19500 SH SOLE 0 19500 0
GUIDANT CORP COMMON 401698105 209 4216 SH SOLE 0 4216 0
HCA-HEALTHCARE CO COMMON 404119109 5297 174400 SH SOLE 0 174400 0
HS RES INC COMMON 404297103 6900 230000 SH SOLE 0 230000 0
HALLIBURTON COMPANY COMMON 406216101 43826 928764 SH SOLE 0 928764 0
HARMONIC INC COMMON 413160102 2673 108000 SH SOLE 0 108000 0
HARRIS CORP DEL COMMON 413875105 29432 898675 SH SOLE 0 898675 0
HARTE-HANKS INC COMMON 416196103 30629 1225150 SH SOLE 0 1225150 0
H J HEINZ COMPANY COMMON 423074103 6142 140380 SH SOLE 0 140380 0
HEWLETT PACKARD COMPANY COMMON 428236103 102659 822093 SH SOLE 0 822093 0
HIBERNIA CORP COMMON 428656102 5704 524500 SH SOLE 0 524500 0
HOME DEPOT INC COMMON 437076102 132955 2662419 SH SOLE 0 2662419 0
HONEYWELL INTL INC COMMON 438516106 773 22936 SH SOLE 0 22936 0
HOOPER HOLMES INC COMMON 439104100 3758 469800 SH SOLE 0 469800 0
ICG COMMUNICATIONS INC COMMON 449246107 397 18000 SH SOLE 0 18000 0
ICO HLDGS INC COMMON 449293109 375 200000 SH SOLE 0 200000 0
IMS HEALTH INC COMMON 449934108 5829 323850 SH SOLE 0 323850 0
ITC DELTACOM INC COMMON 45031T104 3759 168450 SH SOLE 0 168450 0
ITC DELTACOM INC BND CV 45031TAK0 4364 4332000 PRN SOLE 0 4332000 0
ITT EDUCATIONAL SERVICES COMMON 45068B109 255 14500 SH SOLE 0 14500 0
ITXC CORP COMMON 45069F109 9945 280875 SH SOLE 0 280875 0
</TABLE>
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<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
INDEPENDENT ENERGY HLDGS COMMON 45384X108 665 80000 SH SOLE 0 80000 0
INFINITY BROADCASTING CP COMMON 45662S102 18473 506991 SH SOLE 0 506991 0
ING GROEP N V COMMON 456837103 306 4534 SH SOLE 0 4534 0
INKTOMI CORP COMMON 457277101 1289 10900 SH SOLE 0 10900 0
INPUT/OUTPUT INC COMMON 457652105 717 85000 SH SOLE 0 85000 0
INTEL CORPORATION COMMON 458140100 139956 1046890 SH SOLE 0 1046890 0
INTL BUSINESS MACHINES COMMON 459200101 15428 140817 SH SOLE 0 140817 0
INTERNATIONAL HOME FOODS COMMON 459655106 1524 72800 SH SOLE 0 72800 0
INTERNATIONAL ISOTOPES I COMMON 45972C102 1651 382750 SH SOLE 0 382750 0
INTL PAPER CO COMMON 460146103 441 14805 SH SOLE 0 14805 0
INTERSIL HLDG CORP COMMON 46069S109 919 17000 SH SOLE 0 17000 0
INTERWEST MED CORP COMMON 460909104 3 13334 SH SOLE 0 13334 0
INTERTAN INC COMMON 461120107 646 55000 SH SOLE 0 55000 0
INVESTMENT TECHNOLOGY GR COMMON 46145F105 4034 102139 SH SOLE 0 102139 0
IRON MTN INC PA COMMON 462846106 4454 131000 SH SOLE 0 131000 0
JDS UNIPHASE CORP COMMON 46612J101 12521 104450 SH SOLE 0 104450 0
JEFFERSON-PILOT CORP COMMON 475070108 246 4354 SH SOLE 0 4354 0
JOHNSON & JOHNSON COMMON 478160104 59321 582289 SH SOLE 0 582289 0
JONES PHARMA INC COMMON 480236108 5302 132750 SH SOLE 0 132750 0
JUNIPER NETWORKS INC COMMON 48203R104 2300 15800 SH SOLE 0 15800 0
JUSTIN INDUSTRIES INC COMMON 482171105 32036 1464507 SH SOLE 0 1464507 0
KLA-TENCOR CORP COMMON 482480100 22207 379200 SH SOLE 0 379200 0
KENT ELECTRS CORP BND CV 490553AA2 12897 14511000 PRN SOLE 0 14511000 0
KEVCO INC COMMON 492716105 70 50000 SH SOLE 0 50000 0
KEYSPAN CORP COMMON 49337W100 206 6700 SH SOLE 0 6700 0
KIMBERLY-CLARK CORP COMMON 494368103 100775 1756419 SH SOLE 0 1756419 0
KINDER MORGAN ENERGY PAR COMMON 494550106 268 6700 SH SOLE 0 6700 0
KIRBY CORPORATION COMMON 497266106 34801 1637675 SH SOLE 0 1637675 0
LBP INC COMMON 50179V101 169 50000 SH SOLE 0 50000 0
LCC INTERNATIONAL INC COMMON 501810105 1939 71000 SH SOLE 0 71000 0
LASER PHOTONICS INC COMMON 517903308 318 20000 SH SOLE 0 20000 0
LAUDER ESTEE COS INC COMMON 518439104 4568 92400 SH SOLE 0 92400 0
ELI LILLY AND COMPANY COMMON 532457108 638 6386 SH SOLE 0 6386 0
LINCOLN NATL CORP IND COMMON 534187109 954 26400 SH SOLE 0 26400 0
LINDSAY MFG CO COMMON 535555106 11438 582825 SH SOLE 0 582825 0
</TABLE>
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<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
LITTELFUSE INC COMMON 537008104 4900 100000 SH SOLE 0 100000 0
LONGVIEW FIBRE CO COMMON 543213102 4327 391150 SH SOLE 0 391150 0
LOUISIANA PAC CORP COMMON 546347105 7831 720100 SH SOLE 0 720100 0
LUCENT TECHNOLOGIES INC COMMON 549463107 20612 347884 SH SOLE 0 347884 0
MBNA CORP COMMON 55262L100 376 13855 SH SOLE 0 13855 0
MDU RES GROUP INC COMMON 552690109 351 16250 SH SOLE 0 16250 0
MAGNUM HUNTER RES INC COMMON 55972F203 133 20000 SH SOLE 0 20000 0
MARSH & MCLENNAN COS INC COMMON 571748102 501 4800 SH SOLE 0 4800 0
MASCO CORP COMMON 574599106 10132 560950 SH SOLE 0 560950 0
MCDONALDS CORP COMMON 580135101 487 14773 SH SOLE 0 14773 0
MCGRATH RENTCORP COMMON 580589109 935 55000 SH SOLE 0 55000 0
MCMORAN EXPLORATION CO COMMON 582411104 1073 65000 SH SOLE 0 65000 0
MEDTRONIC INC COMMON 585055106 33004 662555 SH SOLE 0 662555 0
MELLON FINL CORP COMMON 58551A108 41367 1135282 SH SOLE 0 1135282 0
MERCK & CO INC COMMON 589331107 58198 759516 SH SOLE 0 759516 0
MERIDIAN RESOURCE CORP COMMON 58977Q109 313 55000 SH SOLE 0 55000 0
METROMEDIA FIBER NETWORK COMMON 591689104 794 20000 SH SOLE 0 20000 0
MICROSOFT CORPORATION COMMON 594918104 62175 777185 SH SOLE 0 777185 0
MILLENNIUM PHARMACEUTICA COMMON 599902103 2075 18550 SH SOLE 0 18550 0
MINNESOTA MNG & MFG CO COMMON 604059105 870 10550 SH SOLE 0 10550 0
MOBILE MINI INC COMMON 60740F105 9871 447400 SH SOLE 0 447400 0
MONTANA POWER CO COMMON 612085100 225 6360 SH SOLE 0 6360 0
J P MORGAN & COMPANY INC COMMON 616880100 363 3300 SH SOLE 0 3300 0
MOTOROLA INC COMMON 620076109 62001 2133383 SH SOLE 0 2133383 0
NL INDS INC COMMON 629156407 763 50000 SH SOLE 0 50000 0
NABORS INDUSTRIES INC COMMON 629568106 1911 45983 SH SOLE 0 45983 0
NATIONAL SEMICONDUCTOR C COMMON 637640103 41710 734975 SH SOLE 0 734975 0
NATIONAL SVC INDS INC COMMON 637657107 6604 330200 SH SOLE 0 330200 0
NESTLE S A COMMON 641069406 602 6000 SH SOLE 0 6000 0
NETWORK APPLIANCE INC COMMON 64120L104 1837 22815 SH SOLE 0 22815 0
NEW ERA OF NETWORKS INC COMMON 644312100 4926 115900 SH SOLE 0 115900 0
NEW YORK TIMES CO COMMON 650111107 383 9700 SH SOLE 0 9700 0
NIKE INC COMMON 654106103 9933 249500 SH SOLE 0 249500 0
NOBLE AFFILIATES INC COMMON 654894104 22085 592894 SH SOLE 0 592894 0
NOKIA CORP COMMON 654902204 10703 214325 SH SOLE 0 214325 0
</TABLE>
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<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
NOBLE DRILLING CORP COMMON 655042109 12239 297158 SH SOLE 0 297158 0
NORTEL NETWORKS CORP NEW COMMON 656568102 104011 1523970 SH SOLE 0 1523970 0
NORTHERN TRUST CORP COMMON 665859104 33460 514275 SH SOLE 0 514275 0
OCEAN ENERGY INC TEX COMMON 67481E106 516 36400 SH SOLE 0 36400 0
OFFICE DEPOT INC COMMON 676220106 156 25000 SH SOLE 0 25000 0
OLD REP INTL CORP COMMON 680223104 219 13300 SH SOLE 0 13300 0
OMNICOM GROUP INC COMMON 681919106 980 11000 SH SOLE 0 11000 0
ORACLE CORP COMMON 68389X105 78704 936251 SH SOLE 0 936251 0
OXFORD HEALTH PLANS INC COMMON 691471106 19963 838350 SH SOLE 0 838350 0
PARK PL ENTMT CORP COMMON 700690100 910 74700 SH SOLE 0 74700 0
PATTERSON DENTAL CO COMMON 703412106 7115 139500 SH SOLE 0 139500 0
PENDARIES PETE LTD COMMON 706905106 65 19300 SH SOLE 0 19300 0
PEPSICO INC COMMON 713448108 80726 1816626 SH SOLE 0 1816626 0
PETROLEUM GEO-SVCS A/S COMMON 716597109 12297 720725 SH SOLE 0 720725 0
PFIZER INC COMMON 717081103 66235 1379902 SH SOLE 0 1379902 0
PHARMACIA CORP COMMON 71713U102 124437 2407494 SH SOLE 0 2407494 0
PHILIP MORRIS COS INC COMMON 718154107 17027 641000 SH SOLE 0 641000 0
PINNACLE HLDGS INC COMMON 72346N101 1944 36000 SH SOLE 0 36000 0
PITNEY BOWES INC COMMON 724479100 496 12400 SH SOLE 0 12400 0
PRIME MED SVCS INC NEW COMMON 74156D108 2596 335000 SH SOLE 0 335000 0
PROCTER & GAMBLE COMPANY COMMON 742718109 10290 179735 SH SOLE 0 179735 0
PROLOGIS TR COMMON 743410102 399 18717 SH SOLE 0 18717 0
PUBLIC SVC ENTERPRISE GR COMMON 744573106 362 10450 SH SOLE 0 10450 0
QUALCOMM INC COMMON 747525103 1962 32700 SH SOLE 0 32700 0
QWEST COMMUNICATIONS INT COMMON 749121109 2606 52455 SH SOLE 0 52455 0
RADIOSHACK CORP COMMON 750438103 17364 366532 SH SOLE 0 366532 0
RADISYS CORP COMMON 750459109 4211 74200 SH SOLE 0 74200 0
RAILAMERICA INC COMMON 750753105 8200 1286332 SH SOLE 0 1286332 0
RAILAMERICA PFD CV 750990202 750 24000 SH SOLE 0 24000 0
READERS DIGEST ASSN INC COMMON 755267101 11138 280200 SH SOLE 0 280200 0
REDBACK NETWORKS INC COMMON 757209101 2508 14000 SH SOLE 0 14000 0
REGENT COMMUNICATIONS IN COMMON 758865109 1203 140000 SH SOLE 0 140000 0
RELIANCE STEEL & ALUMINU COMMON 759509102 5149 269250 SH SOLE 0 269250 0
REPUBLIC SVCS INC COMMON 760759100 13074 817100 SH SOLE 0 817100 0
ROYAL DUTCH PETE CO COMMON 780257804 2245 36468 SH SOLE 0 36468 0
</TABLE>
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<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SBC COMMUNICATIONS INC COMMON 78387G103 6646 153655 SH SOLE 0 153655 0
SDL INC COMMON 784076101 2481 8700 SH SOLE 0 8700 0
SABINE ROYALTY TR COMMON 785688102 162 10079 SH SOLE 0 10079 0
SAGA COMMUNICATIONS COMMON 786598102 2419 109957 SH SOLE 0 109957 0
ST JOE CO COMMON 790148100 10068 335600 SH SOLE 0 335600 0
SAKS INC COMMON 79377W108 10106 962448 SH SOLE 0 962448 0
SANTA FE SNYDER CORP COMMON 80218K105 3148 276750 SH SOLE 0 276750 0
SARA LEE CORPORATION COMMON 803111103 1599 82800 SH SOLE 0 82800 0
SCHEIN HENRY INC COMMON 806407102 3019 175000 SH SOLE 0 175000 0
SCHERING-PLOUGH CORP COMMON 806605101 130760 2589305 SH SOLE 0 2589305 0
SCHLUMBERGER LIMITED COMMON 806857108 72538 972029 SH SOLE 0 972029 0
SCIENTIFIC ATLANTA INC COMMON 808655104 27394 367700 SH SOLE 0 367700 0
SCOTT TECHNOLOGIES INC COMMON 810022301 5088 296000 SH SOLE 0 296000 0
SEAGRAM COMPANY LIMITED COMMON 811850106 824 14200 SH SOLE 0 14200 0
SEPRACOR INC COMMON 817315104 350 2900 SH SOLE 0 2900 0
SERVICEMASTER CO COMMON 81760N109 588 51660 SH SOLE 0 51660 0
SHELL TRANS & TRADING PL COMMON 822703609 564 11300 SH SOLE 0 11300 0
SHERWIN-WILLIAMS CO COMMON 824348106 19893 938907 SH SOLE 0 938907 0
SMITH INTL INC COMMON 832110100 6399 87880 SH SOLE 0 87880 0
SMITHKLINE BEECHAM PLC COMMON 832378301 19875 304890 SH SOLE 0 304890 0
SOUTHERN UN CO NEW COMMON 844030106 1018 64368 SH SOLE 0 64368 0
SOUTHWEST AIRLS CO COMMON 844741108 273 14400 SH SOLE 0 14400 0
SPRINT CORP COMMON 852061100 4416 86590 SH SOLE 0 86590 0
STANCORP FINL GROUP INC COMMON 852891100 1330 41400 SH SOLE 0 41400 0
STATE STREET BOSTON CORP COMMON 857477103 2596 24475 SH SOLE 0 24475 0
STEWART & STEVENSON SVCS COMMON 860342104 2636 175000 SH SOLE 0 175000 0
STONE ENERGY CORP COMMON 861642106 598 10000 SH SOLE 0 10000 0
STORAGE USA INC COMMON 861907103 962 32600 SH SOLE 0 32600 0
SUN MICROSYSTEMS INC COMMON 866810104 19415 213495 SH SOLE 0 213495 0
SUNGARD DATA SYSTEMS INC COMMON 867363103 11795 380480 SH SOLE 0 380480 0
SWIFT TRANSN CO COMMON 870756103 2835 202500 SH SOLE 0 202500 0
SYBRON CORPORATION COMMON 87114F106 33226 1677038 SH SOLE 0 1677038 0
SYSCO CORPORATION COMMON 871829107 9154 217300 SH SOLE 0 217300 0
TRW INC COMMON 872649108 399 9200 SH SOLE 0 9200 0
TACO CABANA INC COMMON 873425102 1789 270100 SH SOLE 0 270100 0
</TABLE>
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<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
TARGET CORP COMMON 87612E106 887 15300 SH SOLE 0 15300 0
TEKELEC COMMON 879101103 7223 149900 SH SOLE 0 149900 0
TELEFONOS DE MEXICO S A COMMON 879403780 229 4000 SH SOLE 0 4000 0
TENET HEALTHCARE CORP COMMON 88033G100 22810 844800 SH SOLE 0 844800 0
TEVA PHARMACEUTICAL INDS COMMON 881624209 29023 523525 SH SOLE 0 523525 0
TEXACO INC COMMON 881694103 9362 175818 SH SOLE 0 175818 0
TEXAS INDUSTRIES INC COMMON 882491103 851 29483 SH SOLE 0 29483 0
TEXAS INSTRS INC COMMON 882508104 1497 21800 SH SOLE 0 21800 0
TEXAS REGL BANCSHARES IN COMMON 882673106 8228 324250 SH SOLE 0 324250 0
TIFFANY & CO NEW COMMON 886547108 270 4000 SH SOLE 0 4000 0
TRACTOR SUPPLY CO COMMON 892356106 8591 518700 SH SOLE 0 518700 0
TRANSCONTINENTAL RLTY IN COMMON 893617209 122 10000 SH SOLE 0 10000 0
TRIAD HOSPITALS INC COMMON 89579K109 2491 103000 SH SOLE 0 103000 0
TRIBUNE 2% 5/15/29 PFD CV 896047305 7451 53030 SH SOLE 0 53030 0
TYCO INTL LTD NEW COMMON 902124106 55888 1179687 SH SOLE 0 1179687 0
TYLER TECHNOLOGIES INC COMMON 902252105 326 127300 SH SOLE 0 127300 0
UNION PACIFIC CORP COMMON 907818108 1945 52300 SH SOLE 0 52300 0
UNION PAC RES GROUP INC COMMON 907834105 1563 71065 SH SOLE 0 71065 0
UNITED PARCEL SERVICE IN COMMON 911312106 20336 344675 SH SOLE 0 344675 0
UNITED STATES FILTER COR COMMON 911843209 630 20000 SH SOLE 0 20000 0
UNOCAL CORPORATION COMMON 915289102 28792 869195 SH SOLE 0 869195 0
UROCOR INC COMMON 91727P105 55 11628 SH SOLE 0 11628 0
VARCO INTL INC DEL COMMON 922122106 1988 85500 SH SOLE 0 85500 0
VARIAN SEMICONDUCTOR EQU COMMON 922207105 1759 28000 SH SOLE 0 28000 0
VENATOR GROUP INC COMMON 922944103 12422 1211950 SH SOLE 0 1211950 0
VERITAS SOFTWARE CO COMMON 923436109 1733 15337 SH SOLE 0 15337 0
VERIZON COMMUNICATIONS COMMON 92343V104 16473 324187 SH SOLE 0 324187 0
VIACOM INC CL B COMMON 925524308 51222 751196 SH SOLE 0 751196 0
VIASYSTEMS GROUP INC COMMON 92553H100 5614 346800 SH SOLE 0 346800 0
VINTAGE PETE INC COMMON 927460105 1173 52000 SH SOLE 0 52000 0
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VODAFONE AIRTOUCH PLC COMMON 92857T107 6663 160790 SH SOLE 0 160790 0
WAL-MART STORES INC COMMON 931142103 29207 506840 SH SOLE 0 506840 0
WALGREEN CO COMMON 931422109 17623 547500 SH SOLE 0 547500 0
WASTE MGMT INC DEL COMMON 94106L109 19560 1029491 SH SOLE 0 1029491 0
</TABLE>
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<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
WEATHERFORD INTL INC COMMON 947074100 3939 98931 SH SOLE 0 98931 0
WELLS FARGO & CO NEW COMMON 949746101 65206 1682738 SH SOLE 0 1682738 0
WEYERHAEUSER CO. COMMON 962166104 6964 161964 SH SOLE 0 161964 0
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WIND RIVER SYSTEMS INC COMMON 973149107 1136 30000 SH SOLE 0 30000 0
WORLDCOM INC GA NEW COMMON 98157D106 60108 1310259 SH SOLE 0 1310259 0
YAHOO INC COMMON 984332106 362 2924 SH SOLE 0 2924 0
ZOLL MED CORP COMMON 989922109 1470 30000 SH SOLE 0 30000 0
FLAG TELECOM HOLDINGS LT COMMON G3529L102 4419 297075 SH SOLE 0 297075 0
INTELLIGENT POLYMERS LTD COMMON G48029105 5456 150000 SH SOLE 0 150000 0
KNIGHTSBRIDGE TANKERS LT COMMON G5299G106 252 12600 SH SOLE 0 12600 0
TRANSOCEAN SEDCO FOREX I COMMON G90078109 508 9503 SH SOLE 0 9503 0
TRITON ENERGY LTD COMMON G90751101 5779 147000 SH SOLE 0 147000 0
STOLT OFFSHORE S A COMMON L8873E103 2595 183700 SH SOLE 0 183700 0
ECTEL LTD COMMON M29925100 230 10000 SH SOLE 0 10000 0
VOCALTEC COMMUNICATIONS COMMON M97601104 2300 100000 SH SOLE 0 100000 0
FLEXTRONICS INTL LTD COMMON Y2573F102 2205 32100 SH SOLE 0 32100 0
</TABLE>
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