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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT MANAGERS PURSUANT
TO SECTION 13(f) OF THE SECURITIES EXCHANGE ACT OF 1934 AND RULES THEREUNDER
Report for the Calendar Year or Quarter Ended 03/31/99
- --------------------------------------------------------------------------------
(Please read instructions before preparing form.)
- --------------------------------------------------------------------------------
If amended report check here: |_|
Allstate Life Insurance Company
- --------------------------------------------------------------------------------
Name of Institutional Investment Manager
3075 Sanders Road Suite G4A Northbrook Illinois 60062-7127
- --------------------------------------------------------------------------------
Business Address (Street) (City) (State) (Zip)
Joseph A. Haas (847)402-7581 Assistant Vice President, Investment Operations
- --------------------------------------------------------------------------------
Name, Phone No., and Title of Person Duly Authorized to Submit This Report.
- ------------------------------------ATTENTION-----------------------------------
Intentional misstatements or omissions of facts constitute
Federal Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
- --------------------------------------------------------------------------------
The institutional investment manager submitting this Form and its
attachments and the person by whom it is signed represent hereby that all
information contained therein is true, correct and complete. It is understood
that all required items, statements and schedules are considered integral parts
of this Form and that the submission of any amendment represents that all
unamended items, statements and schedules remain true, correct and complete as
previously submitted.
Pursuant to the requirements of Securities Exchange Act of 1934, the
undersigned institutional investment manager has caused this report to be signed
on its behalf in the the 21 day of April, 1999.
Allstate Life Insurance Company
------------------------------------------
(Name of Institutional Investment Manager)
/s/ Joseph A. Haas
------------------------------------------
(Manual Signature of Person Duly
Authorized to Submit This Report)
Name and 13F file numbers of ALL Institutional Investment Managers with respect
to which this schedule is filled (other than the one filing this report): (List
in alphabetical order).
13F File Numbers will be assigned to Institutional Investment Managers after
they file their first report.
Name: 13F File No.:
- -------------------------------------------------------------- ---------------
1. Allstate Insurance Company 28-35
- -------------------------------------------------------------- ---------------
2.
- -------------------------------------------------------------- ---------------
3.
- -------------------------------------------------------------- ---------------
4.
- -------------------------------------------------------------- ---------------
5.
- -------------------------------------------------------------- ---------------
<PAGE>
FORM 13F
Name of Reporting Manager: ALLSTATE LIFE INSURANCE COMPANY
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ITEM 6: ITEM 7: ITEM 8:
INVESTMENT DISCRETION VOTING AUTHORITY
--------------------- (SHARES)
TITLE FAIR SHARES OR (A) (B) (C) MANA- -----------------
NAME OF ISSUER OF CUSIP MARKET PRINCIPAL SOLE SHARED SHARED GERS (A) (B) (C)
CLASS NUMBER VALUE AMOUNT OTHER SOLE SHARED NONE
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
A D C TELECOM COMMON 000886101 534,100.00 11,200.00 X 1 X
AFLAC CORP COMMON 001055102 489,937.50 9,000.00 X 1 X
AK STEEL HOLDING COMMON 001547108 300,081.25 13,300.00 X 1 X
A M R COMMON 001765106 269,387.50 4,600.00 X 1 X
AT & T COMMON 001957109 3,013,640.17 37,759.00 X 1 X
AT&T CORP - LIBERTY MEDIA -A COMMON 001957208 273,650.00 5,200.00 X 1 X
ABBOTT LABS COMMON 002824100 1,338,837.50 28,600.00 X 1 X
AMBERCROMBIE & FITCH CL A COMMON 002896207 515,200.00 5,600.00 X 1 X
AIRTOUCH COMM COMMON 00949T100 1,149,837.50 11,900.00 X 1 X
AIRTOUCH COMM. 6% CONV. SER. B NON-RED. P/S 00949T209 6,292,125.00 79,900.00 X 1 X
AIRTOUCH COMM 4.25% SER. C CONV. RED. P/S 00949T308 20,262,425.00 150,650.00 X 1 X
ALLIED-SIGNAL COMMON 019512102 757,487.50 15,400.00 X 1 X
ALLTEL COMMON 020039103 324,350.00 5,200.00 X 1 X
ALTERA COMMON 021441100 232,050.00 3,900.00 X 1 X
AMERICA ON-LINE COMMON 02364J104 2,584,200.00 17,700.00 X 1 X
AMERICAN EXPRESS COMMON 025816109 857,750.00 7,300.00 X 1 X
AMERICAN HOME PRODUCTS COMMON 026609107 2,355,525.00 36,100.00 X 1 X
AMERICAN INTL COMMON 026874107 3,219,360.67 26,689.00 X 1 X
AMERICAN STANDARD COMPANIES COMMON 029712106 340,312.50 9,900.00 X 1 X
AMERICAN STORES COMMON 030096101 287,100.00 8,700.00 X 1 X
AMERITECH NEW COMMON 030954101 1,041,750.00 18,000.00 X 1 X
AMGEN COMMON 031162100 479,200.00 6,400.00 X 1 X
ANALOG DEVICES COMMON 032654105 279,679.75 9,401.00 X 1 X
AON COMMON 037389103 240,350.00 3,800.00 X 1 X
APACHE COMMON 037411105 521,250.00 20,000.00 X 1 X
APPLIED MATERIALS COMMON 038222105 579,862.50 9,400.00 X 1 X
ASCEND COMMUNICATIONS INC COMMON 043491109 225,956.25 2,700.00 X 1 X
ASSOCIATES FIRST CAPITAL CRP COMMON 046008108 958,860.00 21,308.00 X 1 X
ATLANTIC RICHFIELD COMMON 048825103 277,400.00 3,800.00 X 1 X
BJ SERVICES COMMON 055482103 300,000.00 12,800.00 X 1 X
BAKER HUGHES COMMON 057224107 1,723,756.25 70,900.00 X 1 X
BANK OF AMERICA CORP COMMON 060505104 2,708,610.00 38,352.00 X 1 X
BANK OF NEW YORK COMMON 064057102 812,187.50 22,600.00 X 1 X
BANK ONE CORPORATION COMMON 06423A103 1,426,890.18 25,914.01 X 1 X
BANKBOSTON_CORP COMMON 06605R106 225,225.00 5,200.00 X 1 X
BAXTER INTL COMMON 071813109 415,800.00 6,300.00 X 1 X
BECTON DICKINSON COMMON 075887109 260,525.00 6,800.00 X 1 X
BELL ATLANTIC COMMON 077853109 1,358,864.39 26,290.00 X 1 X
BELLSOUTH COMMON 079860102 1,326,068.75 33,100.00 X 1 X
BEST BUY COMMON 086516101 322,400.00 6,200.00 X 1 X
BIOGEN COMMON 090597105 297,212.50 2,600.00 X 1 X
BOEING COMMON 097023105 685,912.50 20,100.00 X 1 X
BOISE CASCADE COMMON 097383103 370,875.00 11,500.00 X 1 X
BRISTOL-MYERS-SQUIBB COMMON 110122108 2,861,906.24 44,500.00 X 1 X
BURLINGTON NORTHERN COMMON 12189T104 272,862.50 8,300.00 X 1 X
BURLINGTON RESOURCES COMMON 122014103 978,468.75 24,500.00 X 1 X
CBS CORPORATION COMMON 12490K107 548,562.50 13,400.00 X 1 X
CNF TRUST I 5% SERIES A CONV. RED. P/S 12612V205 3,024,750.00 54,500.00 X 1 X
CVS CORP COMMON 126650100 289,750.00 6,100.00 X 1 X
CAPITAL ONE FINANCIAL COMMON 14040H105 664,400.00 4,400.00 X 1 X
CARDINAL HEALTH COMMON 14149Y108 264,000.00 4,000.00 X 1 X
CARLISLE COMMON 142339100 215,050.00 4,600.00 X 1 X
CARNIVAL CRUISE LINES COMMON 143658102 286,518.75 5,900.00 X 1 X
CATERPILLAR COMMON 149123101 413,437.50 9,000.00 X 1 X
CHAMPION INTL COMMON 158525105 221,737.50 5,400.00 X 1 X
CHASE MANHATTAN CORP NEW COMMON 16161A108 983,881.25 12,100.00 X 1 X
CHEVRON COMMON 166751107 1,202,750.00 13,600.00 X 1 X
CIRCUIT CITY STORES COMMON 172737108 321,825.00 4,200.00 X 1 X
CISCO SYSTEMS, INC. COMMON 17275R102 3,829,209.41 34,950.00 X 1 X
CITIGROUP INC COMMON 172967101 2,954,218.75 46,250.00 X 1 X
CITIZENS UTILITIES 5.0% CONV. RED. P/S 177351202 4,084,368.75 101,475.00 X 1 X
CLAIRES STORES COMMON 179584107 222,925.00 7,400.00 X 1 X
CLOROX COMMON 189054109 421,875.00 3,600.00 X 1 X
COASTAL COMMON 190441105 458,700.00 13,900.00 X 1 X
COCA-COLA COMMON 191216100 2,467,275.00 40,200.00 X 1 X
COLGATE-PALMOLIVE COMMON 194162103 386,400.00 4,200.00 X 1 X
COLUMBIA HEALTHCARE COMMON 197677107 699,778.50 36,952.00 X 1 X
COMCAST CLASS A SPECIAL COMMON 200300200 289,512.50 4,600.00 X 1 X
COMERICA COMMON 200340107 393,356.25 6,300.00 X 1 X
COMPAQ COMPUTER COMMON 204493100 608,400.01 19,200.00 X 1 X
COMPUTER ASSOCIATES INTL COMMON 204912109 252,493.75 7,100.00 X 1 X
CONSECO COMMON 208464107 330,362.50 10,700.00 X 1 X
CORNING COMMON 219350105 240,000.00 4,000.00 X 1 X
COSTO COMPANIES INC COMMON 22160Q102 402,875.00 4,400.00 X 1 X
COUNTRYWIDE CREDIT INDUSTRIES COMMON 222372104 416,250.00 11,100.00 X 1 X
CROWN CORK & SEAL CONV. 4.5% NON-RED.P/S 228255303 5,024,900.00 184,400.00 X 1 X
DAYTON-HUDSON COMMON 239753106 426,400.00 6,400.00 X 1 X
DELL COMPUTER COMMON 247025109 1,729,012.50 42,300.00 X 1 X
DIAMOND OFFSHORE DRILLING INC COMMON 25271C102 290,950.00 9,200.00 X 1 X
DISNEY (WALT) COMMON 254687106 1,048,912.50 33,700.00 X 1 X
DOLE FOODS COMMON 256605106 291,550.00 9,800.00 X 1 X
DOW CHEMICAL COMMON 260543103 223,650.00 2,400.00 X 1 X
DU PONT DE NEMOURS COMMON 263534109 1,138,025.00 19,600.00 X 1 X
DUKE ENERGY CORP COMMON 264399106 252,695.25 4,626.00 X 1 X
E M C COMMON 268648102 2,273,950.00 17,800.00 X 1 X
EVI INC., 5.0%, RED. P/S 268939204 3,300,000.00 100,000.00 X 1 X
EL PASO ENE. CAP. TRUST I, 4.75%, NON-RED. P/S 283678209 3,128,125.00 65,000.00 X 1 X
EL PASO ENERGY CORP DELAWARE COMMON 283905107 317,068.75 9,700.00 X 1 X
EMERSON ELEC COMMON 291011104 434,087.52 8,200.00 X 1 X
ENERGY EAST CORPORATION COMMON 29266M109 241,787.50 4,600.00 X 1 X
ENRON COMMON 293561106 10,498,450.00 163,400.00 X 1 X
EXXON COMMON 302290101 3,358,775.01 47,600.00 X 1 X
FREDDIE MAC COMMON 313400301 1,068,237.50 18,700.00 X 1 X
FEDERAL NAT'L MORT. ASSOC COMMON 313586109 1,253,425.00 18,100.00 X 1 X
FEDERATED DEPARTMENT STORES COMMON 31410H101 790,462.50 19,700.00 X 1 X
FINOVA FINANCE 5.5% CONVERTIBLE RED. P/S 31808E207 2,880,000.00 40,000.00 X 1 X
FIRST DATA COMMON 319963104 752,400.00 17,600.00 X 1 X
FIRST UNION COMMON 337358105 486,281.24 9,100.00 X 1 X
FISERV INC. COMMON 337738108 1,045,687.52 19,500.00 X 1 X
FLEET/NORSTAR FINANCIAL COMMON 338915101 455,262.50 12,100.00 X 1 X
FORD MOTOR COMMON 345370100 794,500.00 14,000.00 X 1 X
FOUNDATION HEALTH SYSTEMS - A COMMON 350404109 404,625.00 33,200.00 X 1 X
G T E COMMON 362320103 1,101,100.02 18,200.00 X 1 X
GANNETT COMMON 364730101 472,500.00 7,500.00 X 1 X
GAP STORES COMMON 364760108 531,768.75 7,900.00 X 1 X
GENERAL ELECTRIC COMMON 369604103 6,991,500.00 63,200.00 X 1 X
GENERAL MOTORS COMMON 370442105 807,937.50 9,300.00 X 1 X
GEORGIA-PACIFIC COMMON 373298108 215,325.00 2,900.00 X 1 X
GILLETTE COMMON 375766102 1,456,218.75 24,500.00 X 1 X
GOLDEN WEST FINL COMMON 381317106 305,600.00 3,200.00 X 1 X
GUIDANT COMMON 401698105 586,850.00 9,700.00 X 1 X
HALLIBURTON COMMON 406216101 843,150.00 21,900.00 X 1 X
M. A. HANNA COMMON 410522106 260,093.75 20,300.00 X 1 X
HARLEY DAVIDSON COMMON 412822108 322,000.00 5,600.00 X 1 X
HARSCO COMMON 415864107 241,800.00 9,600.00 X 1 X
HEINZ COMMON 423074103 253,456.25 5,350.00 X 1 X
HEWLETT-PACKARD COMMON 428236103 1,139,249.99 16,800.00 X 1 X
HOME DEPOT COMMON 437076102 1,587,375.02 25,500.00 X 1 X
HONEYWELL COMMON 438506107 568,593.75 7,500.00 X 1 X
HOUSEHOLD INTL COMMON 441815107 378,687.50 8,300.00 X 1 X
HOUSTON INDS INC. 7% CONVERTIBLE NON-RED. P/S 442161204 34,643,750.00 287,500.00 X 1 X
IMC FERTILIZER COMMON 449669100 251,381.25 12,300.00 X 1 X
INGERSOLL-RAND COMMON 456866102 491,287.50 9,900.00 X 1 X
INTEL COMMON 458140100 3,970,425.01 33,400.00 X 1 X
INTL BUSINESS MACHINES COMMON 459200101 2,853,725.00 16,100.00 X 1 X
JOHNSON & JOHNSON COMMON 478160104 2,454,612.49 26,200.00 X 1 X
KIMBERLY-CLARK COMMON 494368103 556,075.00 11,600.00 X 1 X
KNIGHT-RIDDER COMMON 499040103 260,000.00 5,200.00 X 1 X
KROGER COMMON 501044101 233,512.50 3,900.00 X 1 X
LEAR SEATING CORP COMMON 521865105 264,662.50 6,200.00 X 1 X
LEXMARK INT'L GROUP A COMMON 529771107 1,061,625.00 9,500.00 X 1 X
LILLY (ELI) COMMON 532457108 1,841,787.50 21,700.00 X 1 X
LINCOLN NATIONAL COMMON 534187109 692,125.00 7,000.00 X 1 X
LINEAR TECH COMMON 535678106 215,250.00 4,200.00 X 1 X
LOCKHEED MARTIN COMMON 539830109 667,068.75 17,700.00 X 1 X
LOWE'S COMMON 548661107 477,950.00 7,900.00 X 1 X
LUCENT TECHNOLOGIES INC COMMON 549463107 2,894,811.50 26,866.00 X 1 X
MBNA CORP COMMON 55262L100 243,525.00 10,200.00 X 1 X
MCI WORLDCOM INC COMMON 55268B106 3,352,179.19 37,851.00 X 1 X
MGIC INVESTMENT COMMON 552848103 336,600.00 9,600.00 X 1 X
MATTEL COMMON 577081102 368,150.00 14,800.00 X 1 X
MAXIM INTEGRATED PRODUCTS COMMON 57772K101 200,262.50 3,700.00 X 1 X
MAYTAG COMMON 578592107 247,537.50 4,100.00 X 1 X
MCDONALD'S COMMON 580135101 1,431,875.00 31,600.00 X 1 X
MEDIAONE GROUP COMMON 58440J104 260,350.00 4,100.00 X 1 X
MEDIAONE RED.P/S 58440J203 3,214,062.50 25,000.00 X 1 X
MEDTRONICS COMMON 585055106 753,375.00 10,500.00 X 1 X
MELLON BANK COMMON 585509102 225,200.00 3,200.00 X 1 X
MERCANTILE BANCORP COMMON 587342106 527,250.00 11,100.00 X 1 X
MERCK COMMON 589331107 4,442,387.50 55,400.00 X 1 X
MEREDITH COMMON 589433101 484,137.50 15,400.00 X 1 X
MERRILL LYNCH COMMON 590188108 619,062.50 7,000.00 X 1 X
MICROSOFT COMMON 594918104 8,514,375.00 95,000.00 X 1 X
MICROSOFT CORP. $2.196 CONV. SER. NON-RED. P/S 594918203 8,618,750.00 87,500.00 X 1 X
MOBIL COMMON 607059102 1,812,799.99 20,600.00 X 1 X
MONSANTO COMMON 611662107 330,750.00 7,200.00 X 1 X
MORGAN (J.P.) COMMON 616880100 444,150.00 3,600.00 X 1 X
MORGAN STANLEY DEAN WITTER & CO COMMON 617446448 1,638,975.00 16,400.00 X 1 X
MOTOROLA COMMON 620076109 1,450,349.99 19,800.00 X 1 X
MYLAN LABS COMMON 628530107 260,656.25 9,500.00 X 1 X
NAT. AUSTRALIA BANK 7.875% CONV NON-RED. P/S 632525309 6,262,500.00 200,000.00 X 1 X
NATIONAL CITY COMMON 635405103 438,075.00 6,600.00 X 1 X
NAVISTAR INTL COMMON 63934E108 289,350.00 7,200.00 X 1 X
NIKE CL B COMMON 654106103 219,212.50 3,800.00 X 1 X
NOBLE AFFILIATES COMMON 654894104 304,500.00 10,500.00 X 1 X
NORTEL NETWORKS CORP COMMON FOR. 656569100 521,850.00 8,400.00 X 1 X
OCCIDENTAL PETROLEUM CONV NON-RED. P/S 674599790 2,462,500.00 50,000.00 X 1 X
OFFICE DEPOT INC COMMON 676220106 5,289,956.25 143,700.00 X 1 X
ORACLE SYSTEMS COMMON 68389X105 582,887.50 22,100.00 X 1 X
OWENS-ILLINOIS COMMON 690768403 260,000.00 10,400.00 X 1 X
PACIFICARE HEALTH SYS INC - B COMMON 695112201 341,250.00 5,000.00 X 1 X
PAINE WEBBER GROUP COMMON 695629105 219,312.50 5,500.00 X 1 X
PEPSICO COMMON 713448108 1,653,712.49 42,200.00 X 1 X
PFIZER COMMON 717081103 3,427,125.00 24,700.00 X 1 X
PHELPS DODGE COMMON 717265102 359,525.00 7,300.00 X 1 X
PROCTER & GAMBLE COMMON 742718109 2,252,562.49 23,000.00 X 1 X
PROVIDIAN FINANCIAL CORP COMMON 74406A102 781,000.00 7,100.00 X 1 X
QUALCOM COMMON 747525103 273,625.00 2,200.00 X 1 X
RAYTHEON COMMON 755111408 791,437.50 13,500.00 X 1 X
ROHM & HAAS COMMON 775371107 228,225.00 6,800.00 X 1 X
ROSS STORES COMMON 778296103 381,168.75 8,700.00 X 1 X
ROUSE CO $3 CONVERTIBLE SERIES B NON-RED. P/S 779273309 3,069,400.00 82,400.00 X 1 X
ROYAL DUTCH PETROLEUM COMMON FOR. 780257804 2,340,000.01 45,000.00 X 1 X
SBC COMMUNICATIONS COMMON 78387G103 1,535,615.25 32,586.00 X 1 X
SARA LEE COMMON 803111103 495,000.00 20,000.00 X 1 X
SCHERING-PLOUGH COMMON 806605101 1,554,281.25 28,100.00 X 1 X
SCHLUMBERGER COMMON 806857108 836,606.25 13,900.00 X 1 X
SCHWAB CHARLES CORP NEW COMMON 808513105 595,975.00 6,200.00 X 1 X
SMURFIT-STONE CONTAINER CORP COMMON 832727101 262,650.00 13,600.00 X 1 X
SOUTHERN COMMON 842587107 202,818.75 8,700.00 X 1 X
SPRINT COMMON 852061100 912,562.50 9,300.00 X 1 X
SPRINT CONV NON-RED. P/S 852061407 7,299,999.98 100,000.00 X 1 X
SPRINT CORP (PCS GROUP) COMMON 852061506 290,246.88 6,550.00 X 1 X
STARBUCKS, CORP COMMON 855244109 294,656.25 10,500.00 X 1 X
STATE STREET CORP COMMON 857477103 279,437.50 3,400.00 X 1 X
SUMMIT BANCORP COMMON 866005101 234,000.00 6,000.00 X 1 X
SUN MICROSYSTEMS COMMON 866810104 1,400,700.00 11,200.00 X 1 X
SUNGARD DATA SYSTEMS COMMON 867363103 244,000.00 6,100.00 X 1 X
SYBRON CORP COMMON 87114F106 370,000.00 14,800.00 X 1 X
TJX COMMON 872540109 231,200.00 6,800.00 X 1 X
TANDY COMMON 875382103 370,112.50 5,800.00 X 1 X
TELLABS COMMON 879664100 244,375.00 2,500.00 X 1 X
TEXACO COMMON 881694103 1,339,300.00 23,600.00 X 1 X
TEXAS INSTRUMENTS COMMON 882508104 724,525.00 7,300.00 X 1 X
TEXTRON COMMON 883203101 425,562.50 5,500.00 X 1 X
TIME WARNER COMMON 887315109 1,428,356.25 20,100.00 X 1 X
TIMES MIRROR COMMON 887364107 237,875.00 4,400.00 X 1 X
TRIBUNE COMMON 896047107 366,450.00 5,600.00 X 1 X
TYCO INTERNATIONAL COMMON 902124106 1,291,500.00 18,000.00 X 1 X
TYSON FOODS COMMON 902494103 376,512.49 18,200.00 X 1 X
US BANCORP COMMON 902973106 395,125.00 11,600.00 X 1 X
UNILEVER N.V. COMMON FOR. 904784709 810,537.51 12,200.00 X 1 X
UNICOM COMMON 904911104 270,562.50 7,400.00 X 1 X
UNISYS COMMON 909214108 285,181.25 10,300.00 X 1 X
US WEST COMMON 91273H101 341,387.50 6,200.00 X 1 X
UNITED TECH COMMON 913017109 704,275.00 5,200.00 X 1 X
UNOCAL COMMON 915289102 346,037.50 9,400.00 X 1 X
VIACOM -CL B COMMON 925524308 428,081.26 5,100.00 X 1 X
WAL-MART STORES COMMON 931142103 3,881,093.75 42,100.00 X 1 X
WARNER-LAMBERT COMMON 934488107 847,200.00 12,800.00 X 1 X
WASHINGTON MUTUAL COMMON 939322103 641,737.50 15,700.00 X 1 X
WASTE MANAGEMENT INC COMMON 94106L109 465,937.50 10,500.00 X 1 X
WELLS FARGO & CO (NEW) COMMON 949746101 722,287.50 20,600.00 X 1 X
WENDYS FINANCING SER. A CONV. 5. RED. P/S 950588202 2,259,375.00 37,500.00 X 1 X
WENDY'S INTL COMMON 950590109 281,531.25 9,900.00 X 1 X
WEYERHAEUSER COMMON 962166104 227,550.00 4,100.00 X 1 X
WILLIAMS COMMON 969457100 367,350.00 9,300.00 X 1 X
WRIGLEY COMMON 982526105 289,400.00 3,200.00 X 1 X
XEROX COMMON 984121103 320,250.00 6,000.00 X 1 X
YORK INTERNATIONAL COMMON 986670107 289,562.50 8,200.00 X 1 X
ADT OPERATIONS INC CONV DEBT 000945AC9 13,656,500.00 7,150,000.00 X 1 X
ALZA CORP CONV DEBT 022615AD0 14,500,000.00 12,500,000.00 X 1 X
AMERICAN GENERAL DEL DEBT 02637G200 10,292,500.00 11,500,000.00 X 1 X
ATHENA NEUROSCIENCES INC CONV DEBT 046854AA3 6,352,500.00 5,250,000.00 X 1 X
AUTOMATIC DATA PROCESSING DEBT 053015AC7 2,500,000.00 2,500,000.00 X 1 X
BAKER HUGHES DEBT 057224AH0 2,760,000.00 4,000,000.00 X 1 X
COSTCO DEBT 22160QAC6 8,480,000.00 8,000,000.00 X 1 X
DIAMOND OFFSHORE CONV DEBT 25271CAA0 20,497,000.00 19,900,000.00 X 1 X
FRANCE TELECOM CONV DEBT 35177QAB1 95,000.00 95,000.00 X 1 X
HEWLETT PACKARD CO CONV DEBT 428236AA1 7,700,000.00 14,000,000.00 X 1 X
HEWLETT PACKARD CO CONV DEBT 428236AC7 7,410,000.00 13,000,000.00 X 1 X
HILTON HOTELS CORP CONV DEBT 432848AL3 4,982,000.00 5,300,000.00 X 1 X
HOME DEPOT INC CONV DEBT 437076AE2 15,029,000.00 13,300,000.00 X 1 X
INCO LTD CONV DEBT 453258AH8 3,591,150.00 4,035,000.00 X 1 X
INCO LTD CONV DEBT 453258AK1 3,080,000.00 3,500,000.00 X 1 X
KONINKLIJKE AHOL DEBT 500467AA3 2,095,790.40 1,599,840.00 X 1 X
MAGNA INTL INC CONV DEBT 559222AE4 2,140,000.00 2,000,000.00 X 1 X
MAGNA INTL INC CONV DEBT 559222AF1 6,900,000.00 6,900,000.00 X 1 X
MAGNA INTL INC CONV DEBT 559222AG6 2,250,000.00 2,250,000.00 X 1 X
MUTUAL RISK MGMT LTD CONV DEBT 628351AA6 5,932,010.00 7,147,000.00 X 1 X
NABORS INDS INC CONV DEBT 629568AA4 4,294,000.00 3,800,000.00 X 1 X
OFFICE DEPOT DEBT 676220AB2 5,160,000.00 6,000,000.00 X 1 X
OGDEN CORP CONV DEBT 676346AD1 5,700,000.00 6,000,000.00 X 1 X
OMNICOM GROUP CONV DEBT 681919AC0 2,570,000.00 1,000,000.00 X 1 X
OMNICOM GROUP CONV DEBT 681919AE6 3,885,000.00 1,500,000.00 X 1 X
ORYX ENERGY CO DEBT 68763FAD2 3,960,000.00 4,000,000.00 X 1 X
POTOMAC ELEC PWR CONV DEBT 737679BT6 4,464,000.00 4,650,000.00 X 1 X
ROBBINS & MYERS INC CONV DEBT 770196AA1 1,673,200.00 1,880,000.00 X 1 X
ROUSE CO CONV DEBT 779273AA9 3,529,250.00 3,715,000.00 X 1 X
SCI SYS INC CONV DEBT 783890AD8 5,879,400.00 4,780,000.00 X 1 X
ST PAUL CAPITAL CONV DEBT 792856205 5,162,000.00 8,900,000.00 X 1 X
THERMO ELECTRON CORP CONV DEBT 883556AF9 7,342,500.00 8,250,000.00 X 1 X
THERMO INSTR INC CONV DEBT 883559AC0 4,450,000.00 5,000,000.00 X 1 X
THERMO INSTR INC CONV DEBT 883559AE6 2,025,000.00 2,500,000.00 X 1 X
THERMO OPTEK CORP CONV DEBT 883582AA6 1,012,800.00 1,055,000.00 X 1 X
THERMOQUEST CORP CONV DEBT 883655AA0 1,013,650.00 1,045,000.00 X 1 X
UNITED STATES CELLULAR DEBT 911684AA6 4,275,000.00 9,500,000.00 X 1 X
WMX TECHNOLOGIES INC CONV DEBT 92929QAF4 18,240,000.00 19,000,000.00 X 1 X
WASTE MANAGEMENT DEBT 94106LAA7 5,450,000.00 5,000,000.00 X 1 X
XEROX CREDIT CONV DEBT 983931BG0 2,000,000.00 2,000,000.00 X 1 X
XEROX CREDIT CORP NEW DEBT 984121AY9 2,950,000.00 5,000,000.00 X 1 X
PALL CORP COMMON 696429307 6,625.00 6,625.00 X 1 X
SECURITY CAPITAL CORP COMMON 81413P204 843,654.88 843,654.88 X 1 X
AMENDED COMPANY TOTAL 555,720,615.20
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