FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 2000
Check here if Amendment: [ ] Amendment Number:
This Amendment (Check only one.):
[ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Aid Association for Lutherans
Address: 4321 N. Ballard Rd., Appleton, WI 54919
Form 13F File Number: 28-545
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: James H. Abitz
Title: Senior Vice President of Investments
Phone: 920-734-5721
Signature, Place, and Date of Signing:
/s/ James Abitz
- -------------------------------------------------------------
Signature
Appleton, Wisconsin
- -------------------------------------------------------------
City, State
April 26, 2000
- -------------------------------------------------------------
Date
Report Type (Check only one.):
[ X ] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager: [If there are no entries in
this list, omit this section.]
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: None
Form 13F Information Table Entry Total: 298
Form 13F Information Table Value Total: $1,043,279,000
List of Other Included Mangers:
No. 13F File Number Name
<TABLE>
<CAPTION>
AID ASSOCIATION FOR LUTHERANS
Form 13F Information Table
Name of Title Value Shrs or Investment Other Voting Authority
issuer of Class CUSIP (x $1000) prn amt SH/PRN Put/Call Discretion managers Sole Shared None
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AAR CORPORATION COMMON STK 000361105 295 17,700 SH SOLE 17,700
ACXIOM CORPORATION COMMON STK 005125109 1,260 37,900 SH SOLE 37,900
ADAPTIVE BROADBAND COMMON STK 00650M104 685 12,800 SH SOLE 12,800
ADC TELECOMMUNICATION COMMON STK 000886101 12,014 223,000 SH SOLE 223,000
ADVANCED FIBRE COMMU COMMON STK 00754A105 715 11,400 SH SOLE 11,400
AFLAC INCORPORATED COMMON STK 001055102 1,308 28,700 SH SOLE 28,700
ALCOA, INC. COMMON STK 013817101 1,110 15,800 SH SOLE 15,800
ALLERGAN, INC. COMMON STK 018490102 5,915 118,300 SH SOLE 118,300
ALLIANT TECHSYSTEMS COMMON STK 018804104 1,619 27,500 SH SOLE 27,500
ALLTEL CORP COMMON STK 020039103 4,913 77,900 SH SOLE 77,900
ALPHARMA INC-CL A COMMON STK 020813101 1,683 45,800 SH SOLE 45,800
AMERICAN EXPRESS COMMON STK 025816109 4,989 33,500 SH SOLE 33,500
AMERICAN INT'L COMMON STK 026874107 3,402 31,068 SH SOLE 31,068
AMERICAN ONLINE, INC COMMON STK 02364J104 9,946 147,900 SH SOLE 147,900
ANADARKO PETROLEUM COMMON STK 032511107 2,786 72,000 SH SOLE 72,000
ANALOG SERVICES, INC COMMON STK 032654105 3,158 39,200 SH SOLE 39,200
ANNUITY AND LIFE RE COMMON STK G03910109 1,485 57,100 SH SOLE 57,100
APACHE CORPORATION COMMON STK 037411105 8,124 163,300 SH SOLE 163,300
APEX, INC COMMON STK 037548104 668 18,000 SH SOLE 18,000
APPLEBEES INTL INC COMMON STK 037899101 1,074 38,200 SH SOLE 38,200
APPLIED MATERIALS COMMON STK 038222105 9,840 104,400 SH SOLE 104,400
ASPECT COMMUNICATION COMMON STK 04523Q102 493 13,300 SH SOLE 13,300
ASTEC INDUSTRIES INC COMMON STK 046224101 571 21,500 SH SOLE 21,500
AT&T CORPORATION COMMON STK 001957109 8,691 154,500 SH SOLE 154,500
ATHENA NEUROSCIENCES DEBENTURE 046854AB1 2,421 2,000,000 PRN SOLE
AVERY DENNISON CORPO COMMON STK 053611109 7,260 118,900 SH SOLE 118,900
AVT CORPORATION COMMON STK 002420107 927 78,500 SH SOLE 78,500
AWARE, INC. COMMON STK 05453N100 754 18,800 SH SOLE 18,800
BANK UNITED CORP. COMMON STK 065412108 1,865 59,100 SH SOLE 59,100
BANKAMERICA CORPORAT COMMON STK 060505104 4,558 86,921 SH SOLE 86,921
BAXTER INTERNATIONAL COMMON STK 071813109 9,146 145,900 SH SOLE 145,900
BB&T CORPORATION COMMON STK 054937107 3,609 128,600 SH SOLE 128,600
BELL ATLANTIC CORPOR COMMON STK 077853109 2,958 48,390 SH SOLE 48,390
BELLSOUTH CORPORATIO COMMON STK 079860102 1,626 34,600 SH SOLE 34,600
BENCHMARK ELECTRS IN COMMON STK 08160H101 1,092 29,500 SH SOLE 29,500
BEST BUY COMPANY INC COMMON STK 086516101 12,074 140,400 SH SOLE 140,400
BIOGEN INCORPORATED COMMON STK 090597105 2,781 39,800 SH SOLE 39,800
BIOMET, INC. COMMON STK 090613100 5,776 158,800 SH SOLE 158,800
BISYS GROUP, INC. COMMON STK 055472104 1,596 24,000 SH SOLE 24,000
BRISTOL-MYERS SQUIBB COMMON STK 110122108 1,530 26,500 SH SOLE 26,500
BURR-BROWN CORP COMMON STK 122574106 1,242 22,850 SH SOLE 22,850
C-COR.NET CORPORATIO COMMON STK 125010108 965 19,700 SH SOLE 19,700
C-CUBE MICROSYSTEMS COMMON STK 125015107 743 10,200 SH SOLE 10,200
CAMBREX CORP COMMON STK 132011107 1,009 23,200 SH SOLE 23,200
CANANDAIGUA BRANDS, COMMON STK 137219200 1,025 20,100 SH SOLE 20,100
CARDINAL HEALTH INC. COMMON STK 14149Y108 7,294 159,000 SH SOLE 159,000
CARNIVAL CORPORATION COMMON STK 143658102 1,911 77,000 SH SOLE 77,000
CATALINA MARKETING C COMMON STK 148867104 820 8,100 SH SOLE 8,100
CBS CORPORATION COMMON STK 12490K107 10,362 183,000 SH SOLE 183,000
CEC ENTERTAINMENT IN COMMON STK 125137109 697 25,700 SH SOLE 25,700
CENTURA BKS INC COMMON STK 15640T100 774 16,900 SH SOLE 16,900
CEPHALON, INC. COMMON STK 156708109 859 22,900 SH SOLE 22,900
CHASE MANHATTAN CORP COMMON STK 16161A108 8,161 93,600 SH SOLE 93,600
CHEVRON CORPORATION COMMON STK 166751107 6,970 75,400 SH SOLE 75,400
CHIRON CORP DEBENTURE 170040AB5 7,757 4,500,000 PRN SOLE
CIBER INC COMMON STK 17163B102 1,400 68,300 SH SOLE 68,300
CISCO SYSTEMS, INC. COMMON STK 17275R102 33,353 431,400 SH SOLE 431,400
CITIGROUP, INC. COMMON STK 172967101 16,507 278,300 SH SOLE 278,300
CLEAR CHANNEL DEBENTURE 184502AB8 1,832 1,500,000 PRN SOLE
COCA-COLA COMPANY, COMMON STK 191216100 3,248 69,200 SH SOLE 69,200
COGNEX CORPORATION COMMON STK 192422103 502 8,700 SH SOLE 8,700
COLGATE-PALMOLIVE COMMON STK 194162103 1,218 21,600 SH SOLE 21,600
COLUMBIA SPORTSWEAR COMMON STK 198516106 835 34,100 SH SOLE 34,100
COMCAST CORPORATION COMMON STK 200300200 6,524 150,400 SH SOLE 150,400
COMMERICAL FEDERAL C COMMON STK 201647104 723 43,500 SH SOLE 43,500
COMMSCOPE, INC. COMMON STK 203372107 1,004 22,000 SH SOLE 22,000
COMMUNITY FIRST BANK COMMON STK 203902101 1,474 92,100 SH SOLE 92,100
COMPUTER NETWORKING COMMON STK 204925101 872 49,800 SH SOLE 49,800
COMPUTER SCIENCES COMMON STK 205363104 8,909 112,600 SH SOLE 112,600
COMPUWARE CORP. COMMON STK 205638109 1,866 88,600 SH SOLE 88,600
CONOCO INC. COMMON STK 208251405 1,307 51,013 SH SOLE 51,013
CONSECO INC COMMON STK 208464107 0 0 SH SOLE 0
COR THERAPEUTICS INC COMMON STK 217753102 1,206 18,300 SH SOLE 18,300
COSTCO WHOLESALE COR COMMON STK 22160K105 9,913 188,600 SH SOLE 188,600
COULTER PHARMACEUTIC COMMON STK 222116105 656 21,500 SH SOLE 21,500
CREDENCE SYSTEMS COMMON STK 225302108 926 7,400 SH SOLE 7,400
CROSS TIMBERS OIL CO COMMON STK 227573102 639 48,900 SH SOLE 48,900
CTS CORPORATION COMMON STK 126501105 1,009 17,700 SH SOLE 17,700
CULLEN/FROST BANKERS COMMON STK 229899109 2,086 78,900 SH SOLE 78,900
CVS CORPORATION COMMON STK 126650100 2,592 69,000 SH SOLE 69,000
CYPRESS SEMICONDUCTO COMMON STK 232806109 1,371 27,800 SH SOLE 27,800
DAISYTEK INTL CORP COMMON STK 234053106 1,009 63,800 SH SOLE 63,800
DALLAS SEMICONDUCTOR COMMON STK 235204104 801 22,800 SH SOLE 22,800
DAMARK INTL INC COMMON STK 235691102 1,270 33,300 SH SOLE 33,300
DARDEN RESTAURANTS, COMMON STK 237194105 3,921 220,100 SH SOLE 220,100
DELL COMPUTER CORPOR COMMON STK 247025109 7,578 140,500 SH SOLE 140,500
DELTEK SYSTEMS INC COMMON STK 24785A108 1,103 72,000 SH SOLE 72,000
DEVON ENERGY CORPORA DEBENTURE 25179MAB9 3,004 3,000,000 PRN SOLE
DIGITAL MICROWAVE CO COMMON STK 253859102 1,074 31,700 SH SOLE 31,700
DOVER CORPORATION COMMON STK 260003108 8,167 170,600 SH SOLE 170,600
DOW CHEMICAL COMMON STK 260543103 3,317 29,100 SH SOLE 29,100
DUKE ENERGY CORP. COMMON STK 264399106 2,030 38,675 SH SOLE 38,675
DURA AUTOMOTIVE SYST COMMON STK 265903104 2,126 123,700 SH SOLE 123,700
DUSA PHARMACEUTICALS COMMON STK 266898105 728 30,400 SH SOLE 30,400
DYCOM INDUSTRIES INC COMMON STK 267475101 753 15,450 SH SOLE 15,450
ECOLAB, INC., LARGE COMMON STK 278865100 2,194 59,800 SH SOLE 59,800
ELECTRO SCIENTIFIC I COMMON STK 285229100 969 16,700 SH SOLE 16,700
ELECTRONIC DATA SYST COMMON STK 285661104 5,437 84,700 SH SOLE 84,700
ELOQUENT INC COMMON STK 290140102 442 21,700 SH SOLE 21,700
EMC CORPORATION COMMON STK 268648102 7,088 56,700 SH SOLE 56,700
EMMIS COMMUNICATIONS COMMON STK 291525103 572 12,300 SH SOLE 12,300
ENRON CORPORATION COMMON STK 293561106 9,045 120,800 SH SOLE 120,800
EQUITY RESIDENTIAL PREFERRED STK 29476L859 1,975 100,000 SH SOLE 100,000
EXXON MOBIL CORPORAT COMMON STK 30231G102 16,733 215,043 SH SOLE 215,043
FEDERAL NATIONAL MOR COMMON STK 313586109 6,502 115,200 SH SOLE 115,200
FEDERAL REALTY INVS DEBENTURE U31374AB4 1,743 2,000,000 PRN SOLE
FIFTH THIRD BANCORP COMMON STK 316773100 1,336 21,200 SH SOLE 21,200
FIRST DATA CORPORATI COMMON STK 319963104 2,978 67,300 SH SOLE 67,300
FIRSTMERIT CORPORATI COMMON STK 337915102 1,368 74,200 SH SOLE 74,200
FLOWERS INDUSTRIES, COMMON STK 343496105 1,560 102,700 SH SOLE 102,700
FREDDIE MAC COMMON STK 313400301 4,397 99,500 SH SOLE 99,500
FURNITURE BRANDS INT COMMON STK 360921100 1,119 59,500 SH SOLE 59,500
FUTURE VALUE VENTURE COMMON STK 36116*105 37 183,333 SH SOLE 183,333
GENERAL DYNAMICS COR COMMON STK 369550108 2,557 51,400 SH SOLE 51,400
GENERAL ELECTRIC COM COMMON STK 369604103 40,644 261,900 SH SOLE 261,900
GENSET-SPONSORED-ADR COMMON STK 37244T104 529 16,300 SH SOLE 16,300
GENTEX CORPORATION COMMON STK 371901109 1,049 28,300 SH SOLE 28,300
GEON COMPANY COMMON STK 37246W105 826 38,400 SH SOLE 38,400
GETTY IMAGES, INC. COMMON STK 374276103 895 24,900 SH SOLE 24,900
GRACO INC. COMMON STK 384109104 682 23,500 SH SOLE 23,500
GTE CORPORATION COMMON STK 362320103 5,794 81,600 SH SOLE 81,600
GUIDANT CORPORATION COMMON STK 401698105 11,698 198,900 SH SOLE 198,900
HAEMONETICS CORP. COMMON STK 405024100 632 28,100 SH SOLE 28,100
HALLIBURTON COMPANY COMMON STK 406216101 3,493 85,200 SH SOLE 85,200
HARMAN INTERNATIONAL COMMON STK 413086109 870 14,500 SH SOLE 14,500
HEALTH & RETIRMENT P DEBENTURE U40488AA3 1,878 2,000,000 PRN SOLE
HEWLETT-PACKARD CO COMMON STK 428236103 3,394 25,600 SH SOLE 25,600
HNC SOFTWARE, INC. COMMON STK 40425P107 512 7,100 SH SOLE 7,100
HOME DEPOT, INC., COMMON STK 437076102 6,666 103,350 SH SOLE 103,350
HOME OWNERSHIP, PREF PREFERRED STK 437296205 13,590 17,000 SH SOLE 17,000
HUMAN GENOMOE COMMON STK 444903108 515 6,200 SH SOLE 6,200
HYPERION SOLUTIONS C COMMON STK 44914M104 774 23,800 SH SOLE 23,800
IDEC PHARMACEUTICALS COMMON STK 449370105 1,759 17,900 SH SOLE 17,900
IDEXX LABORATORIES, COMMON STK 45168D104 767 32,900 SH SOLE 32,900
INCO LTD DEBENTURE 453258AK1 3,720 4,000,000 PRN SOLE
INCO, LTD. COMMON STK 453258402 2,192 119,700 SH SOLE 119,700
INTEGRATED DEVICE TE COMMON STK 458118106 1,280 32,300 SH SOLE 32,300
INTEL CORPORATION, COMMON STK 458140100 34,845 264,100 SH SOLE 264,100
INTERIM SERVCIES INC DEBENTURE 45868PAA8 798 1,000,000 PRN SOLE
INTERIM SVCS INC COMMON STK 45868P100 1,324 71,300 SH SOLE 71,300
INTERNAT'L BUSINESS COMMON STK 459200101 12,189 103,300 SH SOLE 103,300
INTERNATIONAL PAPER PREFERRED STK 460137300 1,769 40,000 SH SOLE 40,000
INTERNATIONAL PAPER COMMON STK 460146103 3,984 93,200 SH SOLE 93,200
INTERPUBLIC GROUP OF COMMON STK 460690100 5,670 120,000 SH SOLE 120,000
INTERVOICE-BRITE INC COMMON STK 461142101 422 14,600 SH SOLE 14,600
INTL RECTIFIER CORP COMMON STK 460254105 724 19,000 SH SOLE 19,000
JACK IN THE BOX, INC COMMON STK 466367109 708 33,200 SH SOLE 33,200
JOHNSON & JOHNSON, COMMON STK 478160104 4,680 66,800 SH SOLE 66,800
JOHNSON CONTROLS, IN COMMON STK 478366107 2,157 39,900 SH SOLE 39,900
JONES PHARMA, INC. COMMON STK 480236108 734 24,150 SH SOLE 24,150
KEMET CORPORATION COMMON STK 488360108 645 10,200 SH SOLE 10,200
KENT ELECTRS CORP COMMON STK 490553104 2,317 79,400 SH SOLE 79,400
KERR-MCGEE CORPORATI DEBENTURE 492386AP2 863 750,000 PRN SOLE
KIMBERLY-CLARK COMMON STK 494368103 7,638 136,400 SH SOLE 136,400
KOHLS COMMON STK 500255104 9,133 89,100 SH SOLE 89,100
L90, INC. COMMON STK 539441105 872 45,900 SH SOLE 45,900
LATTICE SEMICONDUCTR COMMON STK 518415104 839 12,400 SH SOLE 12,400
LEHMAN BROTHERS HOLD COMMON STK 524908100 3,783 39,000 SH SOLE 39,000
LIGAND PHARMACEUTICA COMMON STK 53220K207 893 50,300 SH SOLE 50,300
LINENS N THINGS INC COMMON STK 535679104 997 29,100 SH SOLE 29,100
LOEWS CORP DEBENTURE 540424AL2 4,382 5,000,000 PRN SOLE
LOWE'S COMPANIES, IN COMMON STK 548661107 5,762 98,700 SH SOLE 98,700
LUCENT TECHNOLOGIES, COMMON STK 549463107 12,472 205,296 SH SOLE 205,296
MAGNA INTERNATIONAL DEBENTURE 559222AG9 1,723 2,000,000 PRN SOLE
MARCHFIRST, INC. COMMON STK 566244109 1,759 49,300 SH SOLE 49,300
MCGRAW-HILL, INC. COMMON STK 580645109 2,789 61,300 SH SOLE 61,300
MDU RESOURCES GROUP, COMMON STK 552690109 1,784 85,975 SH SOLE 85,975
MEDIAONE GROUP, INC. COMMON STK 58440J104 7,387 91,200 SH SOLE 91,200
MEDICALOGIC INC COMMON STK 584642102 582 33,500 SH SOLE 33,500
MEDICIS PHARMACEUTIC COMMON STK 584690309 1,064 26,600 SH SOLE 26,600
MEDTRONIC, INC. COMMON STK 585055106 13,266 257,900 SH SOLE 257,900
MERCATOR SOFTWARE SM COMMON STK 587587106 407 4,900 SH SOLE 4,900
MERCK & COMPANY, L COMMON STK 589331107 2,789 44,900 SH SOLE 44,900
MERCURY INTERACTIVE COMMON STK 589405109 2,393 30,200 SH SOLE 30,200
MESSAGEMEDIA, INC. COMMON STK 590787107 736 58,000 SH SOLE 58,000
META GROUP INC COMMON STK 591002100 897 34,400 SH SOLE 34,400
METHODE ELECTRS INC COMMON STK 591520200 1,263 25,000 SH SOLE 25,000
MICHAELS STORES, COMMON STK 594087108 778 19,100 SH SOLE 19,100
MICREL INC. COMMON STK 594793101 1,181 12,300 SH SOLE 12,300
MICRON TECHNOLOGY, COMMON STK 595112103 3,465 27,500 SH SOLE 27,500
MICROS SYSTEMS, INC. COMMON STK 594901100 629 10,000 SH SOLE 10,000
MICROSOFT CORPORATIO COMMON STK 594918104 36,688 345,300 SH SOLE 345,300
MIDWEST EXPRESS HOLD COMMON STK 597911106 525 20,500 SH SOLE 20,500
MILLIPORE CORP COMMON STK 601073109 10,514 186,300 SH SOLE 186,300
MINIMED, INC. COMMON STK 60365K108 997 7,700 SH SOLE 7,700
MINNESOTA MINING & M COMMON STK 604059105 5,916 66,800 SH SOLE 66,800
MORGAN STANLEY, DEAN COMMON STK 617446448 7,789 95,500 SH SOLE 95,500
MOTOROLA, INC. COMMON STK 620076109 5,333 37,455 SH SOLE 37,455
MUELLER INDUSTRIES I COMMON STK 624756102 498 16,400 SH SOLE 16,400
NABORS INDUSTRIES, COMMON STK 629568106 893 23,000 SH SOLE 23,000
NATIONAL INSTRUMENTS COMMON STK 636518102 803 17,100 SH SOLE 17,100
NEWELL FINANCIAL TRU PREFERRED STK 651195307 1,794 50,000 SH SOLE 50,000
NEXTEL COMMUNICATION COMMON STK 65332V103 3,202 21,600 SH SOLE 21,600
NORTEL NETWORKS COMMON STK 656569100 7,711 61,200 SH SOLE 61,200
NORTEL NETWORKS CORP COMMON STK 65656910 2,822 22,400 SH SOLE 22,400
NOVA CORP/GEORGIA COMMON STK 669784100 3,489 119,800 SH SOLE 119,800
NS GROUP, INC. COMMON STK 628916108 1,853 113,600 SH SOLE 113,600
NUCOR CORPORATION COMMON STK 670346105 3,205 64,100 SH SOLE 64,100
OMNICARE, INC. COMMON STK 681904108 1,247 103,400 SH SOLE 103,400
OMNICOM GROUP, INC. COMMON STK 681919106 9,895 105,900 SH SOLE 105,900
ORACLE SYSTEMS CORPO COMMON STK 68389X105 11,990 153,600 SH SOLE 153,600
OSHKOSH TRUCK CORP. COMMON STK 688239201 1,395 44,900 SH SOLE 44,900
PALL CORPORATION COMMON STK 696429307 5,026 224,000 SH SOLE 224,000
PARAMETRIC TECHNOLOG COMMON STK 699173100 706 33,500 SH SOLE 33,500
PATTERSON DENTAL COM COMMON STK 703412106 578 15,100 SH SOLE 15,100
PATTERSON ENERGY, IN COMMON STK 703414102 1,016 32,000 SH SOLE 32,000
PENTAIR INDUSTRIES, COMMON STK 709631105 1,460 39,400 SH SOLE 39,400
PEOPLES HERITAGE FIN COMMON STK 711147108 1,286 85,700 SH SOLE 85,700
PFIZER, INC., LAR COMMON STK 717081103 12,278 335,800 SH SOLE 335,800
PHILADELPHIA SUBURBA COMMON STK 718009608 763 42,100 SH SOLE 42,100
PHOTRONICS, INC. COMMON STK 719405102 1,656 46,900 SH SOLE 46,900
PIER I IMPORTS INC COMMON STK 720279108 2,056 200,625 SH SOLE 200,625
PINNACLE HOLDINGS COMMON STK 72346N101 1,602 29,000 SH SOLE 29,000
PINNACLE SYSTEMS, COMMON STK 723481107 1,111 33,400 SH SOLE 33,400
PITNEY-BOWES, INC. COMMON STK 724479100 1,305 29,200 SH SOLE 29,200
PLANTRONICS, INC. COMMON STK 727493108 1,388 14,900 SH SOLE 14,900
PLEXUS CORP COMMON STK 729132100 726 10,900 SH SOLE 10,900
POPE & TALBOT INC COMMON STK 732827100 1,317 71,700 SH SOLE 71,700
POWER INTEGRATIONS, COMMON STK 739276103 610 24,400 SH SOLE 24,400
POWER-ONE, INC. COMMON STK 739308104 694 11,500 SH SOLE 11,500
POWERWAVE TECHNOLOGY COMMON STK 739363109 388 3,100 SH SOLE 3,100
PRECISION CASTPARTS COMMON STK 740189105 566 15,500 SH SOLE 15,500
PRECISION DRILLING C COMMON STK 74022D100 3,504 105,000 SH SOLE 105,000
PRIDE INTERNATIONAL, COMMON STK 741932107 2,297 100,700 SH SOLE 100,700
PRIORITY HEALTHCARE COMMON STK 74264T102 683 13,600 SH SOLE 13,600
PROCTOR & GAMBLE COM COMMON STK 742718109 5,698 101,300 SH SOLE 101,300
PROFIT RECOVERY GRP COMMON STK 743168106 365 19,750 SH SOLE 19,750
PROLOGIS TRUST PREFERRED STK 743410300 1,920 80,000 SH SOLE 80,000
PROTEIN DESIGN LABS COMMON STK 74369L103 684 8,600 SH SOLE 8,600
QRS CORPORATION COMMON STK 74726X105 572 7,600 SH SOLE 7,600
RADIAN GROUP INC. COMMON STK 750236101 2,805 58,900 SH SOLE 58,900
RAVISENT TECHNOLOGIE COMMON STK 754440105 873 62,900 SH SOLE 62,900
REMEDY CORPORATION COMMON STK 759548100 514 12,200 SH SOLE 12,200
RENAL CARE GROUP INC COMMON STK 759930100 1,002 46,200 SH SOLE 46,200
RESMED, INC. COMMON STK 761152107 614 8,600 SH SOLE 8,600
REYNOLDS METALS COMMON STK 761763101 522 7,800 SH SOLE 7,800
ROSS STORES, INC. COMMON STK 778296103 1,773 73,700 SH SOLE 73,700
ROWAN COMPANY INC COMMON STK 779382100 6,685 227,100 SH SOLE 227,100
ROYAL DUTCH PETROLEU COMMON STK 780257804 10,643 184,900 SH SOLE 184,900
RSA SECURITY, INC. COMMON STK 749719100 523 10,100 SH SOLE 10,100
S3, INC. COMMON STK 784849101 1,279 60,900 SH SOLE 60,900
SBC COMMUNICATIONS, COMMON STK 78387G103 9,020 214,750 SH SOLE 214,750
SCANSOURCE, INC. COMMON STK 806037107 1,214 34,200 SH SOLE 34,200
SCIENTIFIC-ATLANTA, COMMON STK 808655104 2,284 36,000 SH SOLE 36,000
SEI INVESTMENTS COMP COMMON STK 784117103 885 7,800 SH SOLE 7,800
SHAW GROUP, INC. COMMON STK 820280105 1,008 28,600 SH SOLE 28,600
SHERWIN-WILLIAMS COM COMMON STK 824348106 2,264 103,200 SH SOLE 103,200
SOUTHDOWN INC COMMON STK 841297104 2,614 44,300 SH SOLE 44,300
SOUTHTRUST CORPORATI COMMON STK 844730101 2,984 117,300 SH SOLE 117,300
SPRINT CORP (PCS GRO COMMON STK 852061506 3,612 55,300 SH SOLE 55,300
SUN MICROSYSTEMS, COMMON STK 866810104 8,490 90,600 SH SOLE 90,600
SYSCO CORPORATION, COMMON STK 871829107 5,046 141,400 SH SOLE 141,400
TECHNE CORPORATION COMMON STK 878377100 600 8,700 SH SOLE 8,700
TEEKAY SHIPPING COMMON STK Y8564W103 1,014 36,800 SH SOLE 36,800
TELLABS, INC. COMMON STK 879664100 4,831 76,700 SH SOLE 76,700
TERAYON COMMUNICATIO COMMON STK 880775101 902 4,400 SH SOLE 4,400
TETRA TECHNOLOGIES COMMON STK 88162G103 1,615 68,000 SH SOLE 68,000
TETRA TECHNOLOGIES, COMMON STK 88162F105 2,754 205,900 SH SOLE 205,900
TEXACO, INC., LARG COMMON STK 881694103 3,791 70,700 SH SOLE 70,700
TEXAS INDUSTRIES INC COMMON STK 882491103 725 23,300 SH SOLE 23,300
TEXAS INSTRUMENTS, COMMON STK 882508104 8,752 54,700 SH SOLE 54,700
THERMO INSTRUMENTS DEBENTURE 883559AE6 4,609 5,400,000 PRN SOLE
THERMO TERRATECH DEBENTURE 883598AA2 4,192 5,125,000 PRN SOLE
TIME WARNER, INC. COMMON STK 887315109 9,210 92,100 SH SOLE 92,100
TRIBUNE COMPANY COMMON STK 896047107 1,338 36,600 SH SOLE 36,600
TRUE NORTH COMMUNICA COMMON STK 897844106 798 20,300 SH SOLE 20,300
TSI INTERNATIONAL COMMON STK 872879101 473 5,700 SH SOLE 5,700
TYCO INTERNATIONAL L COMMON STK 902124106 9,277 186,000 SH SOLE 186,000
U.S. AGGREGATES, INC COMMON STK 90334D109 946 65,800 SH SOLE 65,800
U.S. TRUST COMMON STK 91288L105 1,115 5,900 SH SOLE 5,900
UNION PACIFIC CAPITA PREFERRED STK 907824403 1,003 25,000 SH SOLE 25,000
UNIVERSAL HEALTH SVC COMMON STK 913903100 1,416 28,900 SH SOLE 28,900
US BANCORP, LARGE COMMON STK 902973106 2,349 107,400 SH SOLE 107,400
USFREIGHTWAYS CORPOR COMMON STK 916906100 592 15,800 SH SOLE 15,800
USX-MARATHON COMMON STK 902905827 5,413 207,700 SH SOLE 207,700
USX-US STEEL GROUP, COMMON STK 90337T101 1,450 58,000 SH SOLE 58,000
UTI ENERGY CORP. COMMON STK 903387108 717 19,000 SH SOLE 19,000
VALERO ENERGY CORPOR COMMON STK 91913Y100 2,003 65,400 SH SOLE 65,400
VARIAN MEDICAL SYSTE COMMON STK 92220P105 662 14,500 SH SOLE 14,500
VERITY, INC. COMMON STK 92343C106 672 16,500 SH SOLE 16,500
VERTEX PHARMACEUTICA COMMON STK 92532F100 922 19,700 SH SOLE 19,700
VIACOM, INC. COMMON STK 925524308 2,142 40,600 SH SOLE 40,600
VICOR CORPORATION COMMON STK 925815102 277 15,400 SH SOLE 15,400
VISHAY INTERTECHNOLO COMMON STK 928298108 1,976 35,525 SH SOLE 35,525
WADDELL & REED FIN - COMMON STK 930059100 1,701 40,200 SH SOLE 40,200
WAL-MART STORES, INC COMMON STK 931142103 10,723 193,200 SH SOLE 193,200
WALGREEN COMPANY, COMMON STK 931422109 5,032 195,400 SH SOLE 195,400
WARNER-LAMBERT COMMON STK 934488107 14,274 146,400 SH SOLE 146,400
WASHINGTON GAS LIGHT COMMON STK 938837101 1,001 36,800 SH SOLE 36,800
WELLS FARGO & C0 COMMON STK 949746101 1,580 38,600 SH SOLE 38,600
WILLAMETTE INDUSTRIE COMMON STK 969133107 3,322 82,800 SH SOLE 82,800
WILLIAMS-SONOMA, COMMON STK 969904101 1,039 33,500 SH SOLE 33,500
WORLDCOM, INC. COMMON STK 55268B106 6,544 144,421 SH SOLE 144,421
XILINX, INC. COMMON STK 983919101 5,201 62,800 SH SOLE 62,800
XIRCOM, INC. COMMON STK 983922105 977 26,400 SH SOLE 26,400
YAHOO, INC. COMMON STK 984332106 686 4,000 SH SOLE 4,000
ZALE CORPORATION COMMON STK 988858106 628 13,300 SH SOLE 13,300
ZEBRA TECHNOLOGIES C COMMON STK 989207105 705 14,100 SH SOLE 14,100
Total 1,043,279
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