UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 2000
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: YMCA RETIREMENT FUND
Address: 140 BROADWAY
New York, NY 10005
13F File Number: 28-00178
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: Richard Hill
Title: Treasurer
Phone: 646-458-2411
Signature, Place, and Date of Signing:
Richard Hill New York, New York August 4, 2000
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
<PAGE>
YMCA RETIREMENT FUND
FORM 13F SUMMARY PAGE
AS OF DATE: 6/30/00
RUN DATE: 08/4/00 11:06 A.M.
REPORT SUMMARY:
NUMBER OF OTHER INCLUDED MANAGERS: 0
FORM 13F INFORMATION TABLE ENTRY TOTAL: 283
FORM 13F INFORMATION TABLE VALUE TOTAL: $1,045,708,000
LIST OF OTHER INCLUDED MANAGERS:
NO. 13F FILE NUMBER NAME
<PAGE>
FORM 13F SPECIAL ELECTRONIC FILING INSTRUCTIONS Continued
<TABLE> <C> <C>
PORTVUE-SEC13F.LNP YMCA RETIREMENT FUND PAGE 1
RUN DATE: 08/04/00 11:04 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 06/30/00
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
3COM CORP COM 885535104 2305 40000 SH DEFINED 0 40000 0
ABBOTT LABS COM 002824100 2228 50000 SH DEFINED 0 50000 0
ADOBE SYS INC COM COM 00724F101 1300 10000 SH DEFINED 0 10000 0
ADVANCED MICRO DEVICES COM 007903107 927 12000 SH DEFINED 0 12000 0
AES CORP COM COM 00130H105 1825 40000 SH DEFINED 0 40000 0
AGILENT TECHNOLOGIES INC COM COM 00846U101 1828 24791 SH DEFINED 0 24791 0
ALBERTSONS INC COM 013104104 998 30000 SH DEFINED 0 30000 0
ALCOA INC COM COM 013817101 2900 100000 SH DEFINED 0 100000 0
ALLIANT CORP COM COM 018802108 1300 50000 SH DEFINED 0 50000 0
ALLSTATE CORP COM COM 020002101 2336 105000 SH DEFINED 0 105000 0
ALLTEL CORP COM 020039103 2478 40000 SH DEFINED 0 40000 0
ALTERA CORP COM 021441100 1529 15000 SH DEFINED 0 15000 0
ALZA CORP COM 022615108 710 12000 SH DEFINED 0 12000 0
AMERICA ONLINE INC COM COM 02364J104 6315 120000 SH DEFINED 0 120000 0
AMERICAN ELECTRIC POWER COM 025537101 593 20000 SH DEFINED 0 20000 0
AMERICAN EXPRESS CO COM 025816109 7819 150000 SH DEFINED 0 150000 0
AMERICAN GENERAL CORP COM 026351106 4575 75000 SH DEFINED 0 75000 0
AMERICAN HOME PRODS CORP COM 026609107 7256 123500 SH DEFINED 0 123500 0
AMERICAN INTL GROUP INC COM 026874107 16450 210000 SH DEFINED 0 210000 0
AMERICAN PWR CONVERSION CORPCO COM 029066107 612 15000 SH DEFINED 0 15000 0
AMGEN INC. COM 031162100 5016 71400 SH DEFINED 0 71400 0
AMR CORP DEL COM COM 001765106 767 29000 SH DEFINED 0 29000 0
ANALOG DEVICES INC COM 032654105 2280 30000 SH DEFINED 0 30000 0
APPLE COMPUTER INC COM 037833100 1362 26000 SH DEFINED 0 26000 0
APPLIED MATLS INC COM 038222105 5891 65000 SH DEFINED 0 65000 0
ASHLAND INC COM COM 044204105 351 10000 SH DEFINED 0 10000 0
ASSOCIATES FIRST CAP CORP CL A COM 046008108 1682 75382 SH DEFINED 0 75382 0
AT HOME CORP COM SER A COM 045919107 830 40000 SH DEFINED 0 40000 0
AT & T CORP. COM 001957109 9466 297542 SH DEFINED 0 297542 0
AT & T WIRELESS GROUP COM 001957406 540 20000 SH DEFINED 0 20000 0
ATMEL CORP COM COM 049513104 738 20000 SH DEFINED 0 20000 0
AT&T CORP LIBERTY MEDIA CL A COM 001957208 16575 680000 SH DEFINED 0 680000 0
AUTOMATIC DATA PROCESSING COM COM 053015103 9127 170400 SH DEFINED 0 170400 0
AVON PRODS INC COM COM 054303102 5785 130000 SH DEFINED 0 130000 0
BAKER HUGHES INC COM 057224107 2558 80000 SH DEFINED 0 80000 0
BANK NEW YORK INC COM 064057102 9300 200000 SH DEFINED 0 200000 0
BANK OF AMERICA COM 060505104 4800 110672 SH DEFINED 0 110672 0
BAXTER INTL INC COM COM 071813109 3867 55000 SH DEFINED 0 55000 0
BELL ATLANTIC CORP COM 077853109 6877 135000 SH DEFINED 0 135000 0
BELLSOUTH CORP COM 079860102 6820 160000 SH DEFINED 0 160000 0
BEST BUY INC COM COM 086516101 5060 80000 SH DEFINED 0 80000 0
BIOGEN N V COM 090597105 710 11000 SH DEFINED 0 11000 0
BLACK & DECKER CORP COM COM 091797100 2357 60000 SH DEFINED 0 60000 0
BMC SOFTWARE INC COM 055921100 1277 35000 SH DEFINED 0 35000 0
BOEING CO COM COM 097023105 3136 75000 SH DEFINED 0 75000 0
BRIGGS & STRATTON CORP COM COM 109043109 514 15000 SH DEFINED 0 15000 0
BRISTOL MYERS SQUIBB CO COM COM 110122108 8971 154000 SH DEFINED 0 154000 0
BRITISH TELECOM PLC COM 990140843 904 70000 SH DEFINED 0 70000 0
BROADCOM CORP COM COM 111320107 2189 10000 SH DEFINED 0 10000 0
BROADWING INC COM COM 111620100 521 20000 SH DEFINED 0 20000 0
BROCADE COMMUNICATIONS SYS ICO COM 111621108 1835 10000 SH DEFINED 0 10000 0
BURLINGTON RESOURCES INC COM 122014103 1721 45000 SH DEFINED 0 45000 0
CABLETRON SYS INC COM COM 126920107 758 30000 SH DEFINED 0 30000 0
CABLEVISION SYS CORP COM 12686C109 1358 20000 SH DEFINED 0 20000 0
CALPINE CORP COM COM 131347106 1430 22000 SH DEFINED 0 22000 0
CATALINA MARKETING CORP COM COM 148867104 2703 26500 SH DEFINED 0 26500 0
CATERPILLAR INC COM 149123101 1355 40000 SH DEFINED 0 40000 0
CENTURYTEL, INC COM 156700106 863 30000 SH DEFINED 0 30000 0
CERIDIAN CORP COM 15677T106 1444 60000 SH DEFINED 0 60000 0
CHEVRON CORP COM 166751107 6090 71700 SH DEFINED 0 71700 0
CIENA CORP COM COM 171779101 1667 10000 SH DEFINED 0 10000 0
CISCO SYS INC COM 17275R102 33053 520000 SH DEFINED 0 520000 0
CITIGROUP INC. COM 172967101 20549 340000 SH DEFINED 0 340000 0
CLEAR CHANNEL COMMUNICATIONSCO COM 184502102 7500 100000 SH DEFINED 0 100000 0
CLOROX CO COM COM 189054109 1120 25000 SH DEFINED 0 25000 0
COASTAL CORP COM 190441105 913 15000 SH DEFINED 0 15000 0
COCA COLA CO COM COM 191216100 10166 177000 SH DEFINED 0 177000 0
COCA COLA ENTERPRISES INC COM COM 191219104 1631 100000 SH DEFINED 0 100000 0
COLGATE PALMOLIVE CO COM COM 194162103 2694 45000 SH DEFINED 0 45000 0
COMCAST CORP CL A SPL COM 200300200 2835 70000 SH DEFINED 0 70000 0
COMPAQ COMPUTER CORP COM 204493100 3323 130000 SH DEFINED 0 130000 0
COMPUTER ASSOC INTL INC COM 204912109 2303 45000 SH DEFINED 0 45000 0
COMPUTER SCIENCES CORP COM 205363104 1867 25000 SH DEFINED 0 25000 0
COMPUWARE CORP COM 205638109 674 65000 SH DEFINED 0 65000 0
CONEXANT SYS INC COM COM 207142100 973 20000 SH DEFINED 0 20000 0
CONOCO INC CL B COM 208251405 1621 66000 SH DEFINED 0 66000 0
CONSUMERS ENERGY PFD 9.25% PREFERRED STOCKS 21051Q205 611 25000 SH DEFINED 0 25000 0
CORNING INC COM 219350105 5398 20000 SH DEFINED 0 20000 0
COSTCO WHOLESALE CORP COM 22160K105 495 15000 SH DEFINED 0 15000 0
COVAD COMMUNICATIONS GROUP ICO COM 222814204 540 33500 SH DEFINED 0 33500 0
CROWN MEDIA COM 228411104 766 50000 SH DEFINED 0 50000 0
CUMMINS ENGINE INC COM COM 231021106 436 16000 SH DEFINED 0 16000 0
CVS CORPORATION COM 126650100 2000 50000 SH DEFINED 0 50000 0
CYPRESS SEMICONDUCTOR CORP COM COM 232806109 845 20000 SH DEFINED 0 20000 0
DANAHER CORP SHS BEN INT COM 235851102 989 20000 SH DEFINED 0 20000 0
DEERE & CO. COM 244199105 1295 35000 SH DEFINED 0 35000 0
DELL COMPUTER CORP COM COM 247025109 7890 160000 SH DEFINED 0 160000 0
DELPHI AUTOMOTIVE SYS CORP COM COM 247126105 597 40967 SH DEFINED 0 40967 0
DELTA AIR LINES INC DEL COM COM 247361108 1112 22000 SH DEFINED 0 22000 0
DIAL CORP COM 25247D101 713 70000 SH DEFINED 0 70000 0
DISNEY WALT PRODTNS COM 254687106 6986 180000 SH DEFINED 0 180000 0
DOMINION RES INC VA COM 25746U109 858 20000 SH DEFINED 0 20000 0
DOVER CORP COM COM 260003108 811 20000 SH DEFINED 0 20000 0
DOW CHEM CO COM COM 260543103 1378 45000 SH DEFINED 0 45000 0
DPL INC COM 233293109 439 20000 SH DEFINED 0 20000 0
DU PONT E I DE NEMOURS CO COM 263534109 3187 72508 SH DEFINED 0 72508 0
DUKE PWR CO COM 264399106 1135 20000 SH DEFINED 0 20000 0
DYNEGY INC NEW CL A COM 26816Q101 683 10000 SH DEFINED 0 10000 0
E M C CORP MASS COM COM 268648102 11935 155000 SH DEFINED 0 155000 0
ECHOSTAR COMMUN CORP NEW CL A COM 278762109 828 25000 SH DEFINED 0 25000 0
EFFICIENT NETWORKS INC COM COM 282056100 1119 15205 SH DEFINED 0 15205 0
ELAN PLC ADR COM 284131208 969 20000 SH DEFINED 0 20000 0
ELECTRONIC DATA SYS CORP NEWCO COM 285661104 1238 30000 SH DEFINED 0 30000 0
EMERSON ELEC CO COM COM 291011104 2415 40000 SH DEFINED 0 40000 0
ENI S P A SPONSORED ADR COM 26874R108 1106 19000 SH DEFINED 0 19000 0
ENRON CORP COM 293561106 3354 52000 SH DEFINED 0 52000 0
EXODUS COMMUNICATIONS INC COM COM 302088109 829 18000 SH DEFINED 0 18000 0
EXXON CORPORATION COM 30231G102 24855 316620 SH DEFINED 0 316620 0
E-TEK DYNAMICS INC COM COM 269240107 791 3000 SH DEFINED 0 3000 0
FEDERAL HOME LN MTG CORP COM COM 313400301 3240 80000 SH DEFINED 0 80000 0
FEDERAL NAT MORTGAGE ASSN COM 313586109 3756 71800 SH DEFINED 0 71800 0
FEDERATED DEPT STORES INC DECO COM 31410H101 2025 60000 SH DEFINED 0 60000 0
FIRST DATA CORP COM COM 319963104 2729 55000 SH DEFINED 0 55000 0
FIRSTENERGY CORP COM COM 337932107 589 25000 SH DEFINED 0 25000 0
FLEETBOSTON FINANCIAL CORPORAT COM 339030108 4760 140000 SH DEFINED 0 140000 0
FORD MOTOR COM 345370100 4085 95000 SH DEFINED 0 95000 0
FOREST LABS INC COM COM 345838106 758 7500 SH DEFINED 0 7500 0
FPL GROUP INC COM COM 302571104 994 20000 SH DEFINED 0 20000 0
GANNETT INC COM COM 364730101 1794 30000 SH DEFINED 0 30000 0
GARTNER GROUP INC NEW CL A COM 366651107 1200 100000 SH DEFINED 0 100000 0
GATEWAY INC. COM 367626108 1140 20000 SH DEFINED 0 20000 0
GENERAL DYNAMICS CORP COM COM 369550108 1306 25000 SH DEFINED 0 25000 0
GENERAL ELEC CO COM 369604103 41376 790000 SH DEFINED 0 790000 0
GENERAL MLS INC COM COM 370334104 2295 60000 SH DEFINED 0 60000 0
GENERAL MTRS CORP COM 370442105 1740 30000 SH DEFINED 0 30000 0
GENERAL MTRS CORP CL H NEW COM 370442832 878 30000 SH DEFINED 0 30000 0
GENZYME CORP COM 372917104 416 7000 SH DEFINED 0 7000 0
GILLETTE CO COM COM 375766102 2795 80000 SH DEFINED 0 80000 0
GOLDEN ST BANCORP INC COM COM 381197102 900 50000 SH DEFINED 0 50000 0
GRAINGER, W W INC COM 384802104 616 20000 SH DEFINED 0 20000 0
GTE CORP COM 362320103 4669 75000 SH DEFINED 0 75000 0
GUIDANT CORP COM 401698105 1238 25000 SH DEFINED 0 25000 0
HALLIBURTON CO COM COM 406216101 2359 50000 SH DEFINED 0 50000 0
HARLEY DAVIDSON INC COM COM 412822108 3850 100000 SH DEFINED 0 100000 0
HARTFORD FINANCIAL SERVICES COM 416515104 6153 110000 SH DEFINED 0 110000 0
HAWAIIAN ELECTRIC 8.36% PFD PREFERRED STOCKS 41987M201 479 20000 SH DEFINED 0 20000 0
HCA-HEALTHCARE CO COM COM 404119109 1233 40000 SH DEFINED 0 40000 0
HEINZ H J CO COM COM 423074103 3063 70000 SH DEFINED 0 70000 0
HERSHEY FOODS CORP COM 427866108 1940 40000 SH DEFINED 0 40000 0
HEWLETT PACKARD CO COM 428236103 8117 65000 SH DEFINED 0 65000 0
HOME DEPOT INC COM 437076102 9488 190000 SH DEFINED 0 190000 0
HONEYWELL INTERNATIONAL, INC. COM 438516106 2527 75001 SH DEFINED 0 75001 0
HUBBELL HARVEY INC CLASS B COM 443510201 765 30000 SH DEFINED 0 30000 0
I2 TECHNOLOGIES INC COM COM 465754109 1043 10000 SH DEFINED 0 10000 0
ILLINOIS TOOL WKS INC COM COM 452308109 855 15000 SH DEFINED 0 15000 0
IMMUNEX CORP NEW COM COM 452528102 1978 40000 SH DEFINED 0 40000 0
INGERSOLL-RAND COMPANY COM 456866102 1087 27000 SH DEFINED 0 27000 0
INTEL CORP COM 458140100 35427 530000 SH DEFINED 0 530000 0
INTERNATIONAL BUSINESS MACHINE COM 459200101 16434 150000 SH DEFINED 0 150000 0
INTERNATIONAL PAPER CO COM 460146103 3279 110000 SH DEFINED 0 110000 0
INTERNET CAPITAL GROUP INC COM COM 46059C106 259 7000 SH DEFINED 0 7000 0
JDS UNIPHASE CORP COM COM 46612J101 5155 43000 SH DEFINED 0 43000 0
JOHNSON & JOHNSON COM 478160104 12495 122648 SH DEFINED 0 122648 0
JUNIPER NETWORKS INC COM COM 48203R104 2911 20000 SH DEFINED 0 20000 0
KERR-MCGEE CORP COM 492386107 884 15000 SH DEFINED 0 15000 0
KINDER MORGAN INC KANS COM COM 49455P101 691 20000 SH DEFINED 0 20000 0
KLA INSTRS CORP COM COM 482480100 1171 20000 SH DEFINED 0 20000 0
KROGER CO COM COM 501044101 2648 120000 SH DEFINED 0 120000 0
LEVEL 3 COMMUNICATIONS INC COM COM 52729N100 1760 20000 SH DEFINED 0 20000 0
LEXMARK INTL GROUP INC CL A COM 529771107 1681 25000 SH DEFINED 0 25000 0
LILLY ELI & CO COM 532457108 7890 79000 SH DEFINED 0 79000 0
LINEAR TECHNOLOGY CORP COM COM 535678106 1598 25000 SH DEFINED 0 25000 0
LOCKHEED MARTIN CORP COM COM 539830109 993 40000 SH DEFINED 0 40000 0
LOWES CO COM 548661107 3295 80000 SH DEFINED 0 80000 0
LSI LOGIC CORP COM 502161102 1624 30000 SH DEFINED 0 30000 0
LUCENT TECHNOLOGIES INC COM COM 549463107 14394 245000 SH DEFINED 0 245000 0
MARTEK BIOSCIENCES CORP COM 572901106 4313 230000 SH DEFINED 0 230000 0
MAXIM INTEGRATED PRODS INC COM COM 57772K101 1698 25000 SH DEFINED 0 25000 0
MAYTAG CORP COM COM 578592107 1475 40000 SH DEFINED 0 40000 0
MBNA CORP COM COM 55262L100 1899 70000 SH DEFINED 0 70000 0
MCDONALDS CORP COM 580135101 3294 100000 SH DEFINED 0 100000 0
MCGRAW HILL INC COM COM 580645109 810 15000 SH DEFINED 0 15000 0
MCLEODUSA INC COM COM 582266102 828 40000 SH DEFINED 0 40000 0
MEDIAONE GROUP INC COM COM 58440J104 3644 55000 SH DEFINED 0 55000 0
MEDIMMUNE INC COM COM 584699102 1036 14000 SH DEFINED 0 14000 0
MEDTRONIC INC COM 585055106 4981 100000 SH DEFINED 0 100000 0
MELLON FINL CORP COM 58551A108 4373 120000 SH DEFINED 0 120000 0
MERCK & CO INC COM 589331107 14635 191000 SH DEFINED 0 191000 0
MERRILL LYNCH & CO INC COM COM 590188108 3450 30000 SH DEFINED 0 30000 0
MGIC INVT CORP WIS COM COM 552848103 2730 60000 SH DEFINED 0 60000 0
MICRON TECHNOLOGY INC COM COM 595112103 3523 40000 SH DEFINED 0 40000 0
MICROSOFT CORP COM 594918104 25600 320000 SH DEFINED 0 320000 0
MINNESOTA MNG & MFG CO COM 604059105 2894 35000 SH DEFINED 0 35000 0
MORGAN STANLEY DEAN WITTER DIS COM 617446448 7909 95000 SH DEFINED 0 95000 0
MOTOROLA INC COM 620076109 5550 185000 SH DEFINED 0 185000 0
NASDAQ 100 TR UNIT SER 1 COM 631100104 13548 145000 SH DEFINED 0 145000 0
NATL SEMICONDUCTOR COM 637640103 1180 20000 SH DEFINED 0 20000 0
NESTLE BEARER COM 994616696 803 400 SH DEFINED 0 400 0
NEWELL RUBBERMAID COM 651192106 2575 100000 SH DEFINED 0 100000 0
NEXTEL COMMUNICATIONS INC CL A COM 65332V103 1836 30000 SH DEFINED 0 30000 0
NEXTLINK COMMUNICATIONS INC CL COM 65333H707 1138 30000 SH DEFINED 0 30000 0
NISOURCE INC COM 65473P105 1118 60000 SH DEFINED 0 60000 0
NORTHERN TRUST CORP COM 665859104 1952 30000 SH DEFINED 0 30000 0
NOVA CHEMICALS 9.04% PFD PREFERRED STOCKS 66977W307 600 30000 SH DEFINED 0 30000 0
NOVARTIS AG CHF20 COM 995047831 1465 922 SH DEFINED 0 922 0
NOVELLUS SYSTEMS INC COM 670008101 566 10000 SH DEFINED 0 10000 0
NRG ENERGY INC COM COM 629377102 365 20000 SH DEFINED 0 20000 0
NVP CAPITAL 8.20% PFD PREFERRED STOCKS 62944M209 559 25000 SH DEFINED 0 25000 0
OCCIDENTAL PETE CORP COM 674599105 1369 65000 SH DEFINED 0 65000 0
OCEAN ENERGY INC. COM 67481E106 851 60000 SH DEFINED 0 60000 0
ORACLE SYS CORP COM 68389X105 13450 160000 SH DEFINED 0 160000 0
PARKER HANNIFIN CORP COM COM 701094104 1199 35000 SH DEFINED 0 35000 0
PAYCHEX INC COM COM 704326107 1533 36500 SH DEFINED 0 36500 0
PEOPLESOFT INC COM COM 712713106 1340 80000 SH DEFINED 0 80000 0
PEPSI BOTTLING GROUP INC COM COM 713409100 1459 50000 SH DEFINED 0 50000 0
PEPSICO INC COM 713448108 4444 100000 SH DEFINED 0 100000 0
PFIZER INC COM 717081103 27180 566250 SH DEFINED 0 566250 0
PG&E CORP COM COM 69331C108 739 30000 SH DEFINED 0 30000 0
PHARMACIA CORP COM 71713U102 5169 100000 SH DEFINED 0 100000 0
PHILLIPS PETROLEUM COMPANY COM 718507106 760 15000 SH DEFINED 0 15000 0
PINNACLE WEST CAP CORP COM COM 723484101 237 7000 SH DEFINED 0 7000 0
PITNEY BOWES INC COM COM 724479100 1600 40000 SH DEFINED 0 40000 0
PMC-SIERRA INC COM COM 69344F106 1333 7500 SH DEFINED 0 7500 0
PROCTER & GAMBLE CO COM 742718109 5611 98000 SH DEFINED 0 98000 0
PSINET INC COM COM 74437C101 754 30000 SH DEFINED 0 30000 0
QUALCOMM INC COM COM 747525103 2700 45000 SH DEFINED 0 45000 0
QWEST COMMUNICATIONS INTL INCO COM 749121109 994 20000 SH DEFINED 0 20000 0
RAYTHEON CO CL B COM 755111408 578 30000 SH DEFINED 0 30000 0
RELIANT ENERGY INC COM COM 75952J108 1500 50000 SH DEFINED 0 50000 0
RF MICRO DEVICES INC COM COM 749941100 438 5000 SH DEFINED 0 5000 0
ROHM & HAAS CO COM COM 775371107 949 27500 SH DEFINED 0 27500 0
SABRE HLDGS CORP CL A COM 785905100 570 20000 SH DEFINED 0 20000 0
SAFEWAY INC COM NEW COM 786514208 4513 100000 SH DEFINED 0 100000 0
SANMINA CORP COM COM 800907107 855 10000 SH DEFINED 0 10000 0
SANTA FE SNYDER CORP COM 80218K105 1024 90000 SH DEFINED 0 90000 0
SBC COMMUNICATIONS, INC COMMON COM 78387G103 11678 270000 SH DEFINED 0 270000 0
SCHERING PLOUGH CORP COM 806605101 7121 141000 SH DEFINED 0 141000 0
SCI SYS INC COM COM 783890106 980 25000 SH DEFINED 0 25000 0
SCIENTIFIC ATLANTA INC COM 808655104 1490 20000 SH DEFINED 0 20000 0
SEAGATE TECHNOLOGY COM 811804103 1100 20000 SH DEFINED 0 20000 0
SEALED AIR CORP NEW COM COM 81211K100 2095 40000 SH DEFINED 0 40000 0
SEALED AIR CORP NEW PFD CONV A CONVERTIBLE PREF 81211K209 3291 65000 SH DEFINED 0 65000 0
SHAW INDS INC COM 820286102 910 70000 SH DEFINED 0 70000 0
SIEBEL SYS INC COM COM 826170102 1636 10000 SH DEFINED 0 10000 0
SOLECTRON CORP COM COM 834182107 2094 50000 SH DEFINED 0 50000 0
SOUTHERN CO COM 842587107 1632 70000 SH DEFINED 0 70000 0
SOUTHWEST AIRLS CO COM COM 844741108 1988 105000 SH DEFINED 0 105000 0
SPDR TR UNIT SER 1 COM 78462F103 29783 205000 SH DEFINED 0 205000 0
SPRINT CORP COM COM 852061100 3111 61000 SH DEFINED 0 61000 0
SPRINT CORP PCS COM SER 1 COM 852061506 2083 35000 SH DEFINED 0 35000 0
STATE STR CORP COM COM 857477103 6099 57500 SH DEFINED 0 57500 0
SUN MICROSYSTEM INC COM COM 866810104 11367 125000 SH DEFINED 0 125000 0
SUNGARD DATA SYS INC COM COM 867363103 1240 40000 SH DEFINED 0 40000 0
SUNOCO INC COM COM 86764P109 294 10000 SH DEFINED 0 10000 0
SYMANTEC CORP COM COM 871503108 539 10000 SH DEFINED 0 10000 0
TARGET CORP COM 87612E106 2030 70000 SH DEFINED 0 70000 0
TELEPHONE & DATA SYS INC COM COM 879433100 1003 10000 SH DEFINED 0 10000 0
TELLABS INC COM COM 879664100 1711 25000 SH DEFINED 0 25000 0
TENET HEALTHCARE CORP COM COM 88033G100 837 31000 SH DEFINED 0 31000 0
TENN VLY SRD PARRS 6.75% 06/01 PREFERRED STOCKS 880591300 4341 200000 SH DEFINED 0 200000 0
TERADYNE INC COM COM 880770102 1176 16000 SH DEFINED 0 16000 0
TEXACO CAPITOL 6.875% PFD PREFERRED STOCKS P9132Z107 1555 71900 SH DEFINED 0 71900 0
TEXACO INC COM 881694103 3465 65000 SH DEFINED 0 65000 0
TEXAS INSTRUMENTS INC COM 882508104 8929 130000 SH DEFINED 0 130000 0
TEXTRON INC COM COM 883203101 380 7000 SH DEFINED 0 7000 0
THE CHASE MANHATTAN CORPORATIO COM 16161A108 6564 142500 SH DEFINED 0 142500 0
TIME WARNER INC COM COM 887315109 6840 90000 SH DEFINED 0 90000 0
TVA 6.50% PFD PREFERRED STOCKS 880591409 2100 100000 SH DEFINED 0 100000 0
TXU CORP COM 873168108 1180 40000 SH DEFINED 0 40000 0
U S WEST INC NEW COM COM 91273H101 5574 65000 SH DEFINED 0 65000 0
UNION CARBIDE CORP COM COM 905581104 1485 30000 SH DEFINED 0 30000 0
UNISYS CORP COM COM 909214108 583 40000 SH DEFINED 0 40000 0
UNITED PARCEL SERVICE COM 911312106 1652 28000 SH DEFINED 0 28000 0
UNITED TECHNOLOGIES CORP COM COM 913017109 2355 40000 SH DEFINED 0 40000 0
UNIVISION COMMUNICATIONS INCCL COM 914906102 7245 70000 SH DEFINED 0 70000 0
UNOCAL CORP COM COM 915289102 994 30000 SH DEFINED 0 30000 0
USX-MARATHON GROUP COM NEW COM 902905827 1378 55000 SH DEFINED 0 55000 0
VERISIGN INC COM COM 92343E102 883 5000 SH DEFINED 0 5000 0
VERITAS SOFTWARE CO COM COM 923436109 2035 18000 SH DEFINED 0 18000 0
VIACOM INC CL B COM 925524308 5919 86800 SH DEFINED 0 86800 0
VISTEON CORP COM COM 92839U107 151 12439 SH DEFINED 0 12439 0
VITESSE SEMICONDUCTOR CORP COM COM 928497106 1103 15000 SH DEFINED 0 15000 0
VOICESTREAM WIRELESS CORP COM COM 928615103 1744 15000 SH DEFINED 0 15000 0
WAL MART STORES INC COM COM 931142103 12154 213000 SH DEFINED 0 213000 0
WALGREEN CO COM COM 931422109 2249 70000 SH DEFINED 0 70000 0
WASHINGTON MUT INC COM COM 939322103 4322 150000 SH DEFINED 0 150000 0
WELLPOINT HEALTH NTWRKS NEW CO COM 94973H108 326 4500 SH DEFINED 0 4500 0
WELLS FARGO & CO NEW COM COM 949746101 5299 135000 SH DEFINED 0 135000 0
WILLIAMS CO COM 969457100 2084 50000 SH DEFINED 0 50000 0
WORLDCOM INC GA NEW COM COM 98157D106 11148 243000 SH DEFINED 0 243000 0
XEROX CORP COM 984121103 1320 65000 SH DEFINED 0 65000 0
XLNXINX INC COM 983919101 1651 20000 SH DEFINED 0 20000 0
YAHOO INC COM COM 984332106 1487 12000 SH DEFINED 0 12000 0
LINE COUNT: 283
</TABLE>
