<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
REPORT FOR THE CALENDAR YEAR OR QUARTER ENDED: SEPTEMBER 30, 1999
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: INVESCO MANAGEMENT & RESEARCH, INC.
ADDRESS: 101 FEDERAL STREET
BOSTON, MA 02110
13F FILE NUMBER:
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: FRANK BISOGNANO
TITLE: VICE-PRESIDENT
PHONE: 617-345-8200
SIGNATURE, PLACE AND DATE OF SIGNING:
/S/ FRANK BISOGNANO BOSTON, MA 10/18/99
- ----------------------- --------------------- ---------------
[SIGNATURE] [CITY, STATE] [DATE]
REPORT TYPE (CHECK ONLY ONE.):
[ X ] 13F HOLDING REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
LIST OF OTHER MANAGERS REPORTING FOR THIS MANAGER:
FORM 13F FILE NUMBER NAME
<PAGE> 2
FORM 13F SUMMARY PAGE
REPORT SUMMARY:
NUMBER OF OTHER INCLUDED MANAGERS:
FORM 13F INFORMATION TABLE ENTRY TOTAL: 901
FORM 13F INFORMATION TABLE VALUE TOTAL: 2,341,032
LIST OF OTHER INCLUDED MANAGERS:
NO. 13F FILE NUMBER NAME
<PAGE> 3
<TABLE>
<CAPTION>
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVESTMENT DISCRETION MANAGERS VOTING AUTHORITY
OF NUMBER MARKET PRINCIPAL SHARED
CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE
(A) (B) (C) (A) (B) (C)
<S> <C> <C> <C> <C> <C> <C> <C>
ABBOTT LABS COMMON 002824100 3600 98120 98120 0 98120
ABERCROMBIE & FITCH CLASS A 002896207 538 15800 15800 0 15800
ABM INDS INC COMMON 000957100 1807 71200 71200 0 71200
ABN AMRO HLDG NV SP ADR 000937102 376 16600 16600 0 16600
ACCLAIM ENTMT INC COMMON 004325205 1489 196100 196100 0 196100
ACX TECHNOLOGIES INC COMMON 005123104 96 10100 10100 0 10100
ADAMS GOLF INC COMMON 006228100 107 35000 35000 0 35000
ADAPTEC INC COMMON 00651F108 4751 119700 119700 0 119700
ADC TELECOMMUNICATNS COMMON 000886101 2726 65000 65000 0 65000
ADOBE SYSTEMS INC COMMON 00724F101 1407 12400 12400 0 12400
ADVANCED DIGIT INFO COMMON 007525108 709 25500 25500 0 25500
ADVANCED ENERGY IND COMMON 007973100 1575 51000 51000 0 51000
ADVANTA CORP CLASS A 007942105 1316 90000 90000 0 90000
ADVO INC COMMON 007585102 1047 52500 52500 0 52500
AERIAL COMMUNICATION COMMON 007655103 2311 85200 85200 0 85200
AEROFLEX INC COMMON 007768104 2625 215400 215400 0 215400
AES CORP COMMON 00130H105 478 8100 8100 0 8100
AFFILIATED COMP SVCS CLASS A 008190100 219 5400 5400 0 5400
AFFILIATED MANAGE GR COMMON 008252108 302 11100 11100 0 11100
AFLAC INC COMMON 001055102 10092 241000 241000 0 241000
AGL RESOURCES INC COMMON 001204106 1214 74700 74700 0 74700
AHL SVCS INC COMMON 001296102 2111 81000 81000 0 81000
AIR PRODS & CHEMS COMMON 009158106 1410 48200 48200 0 48200
AIRBORNE FGHT CORP COMMON 009266107 240 11400 11400 0 11400
AK STL HLDG CORP COMMON 001547108 2414 132300 132300 0 132300
AKZO N V SP ADR 010199305 581 13600 13600 0 13600
ALASKA AIR GROUP INC COMMON 011659109 435 10700 10700 0 10700
ALBANY INTL CORP CLASS A 012348108 1726 114129 114129 0 114129
ALLEGHENY ENERGY INC COMMON 017361106 4603 144400 144400 0 144400
ALLEGIANCE TELECOM COMMON 01747T102 637 12100 12100 0 12100
ALLERGAN INC COMMON 018490102 352 3200 3200 0 3200
ALLIANT CORP COMMON 018802108 292 10560 10560 0 10560
</TABLE>
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<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
ALLIEDSIGNAL INC COMMON 019512102 2014 33600 33600 0 33600
ALLMERICA FINL CORP COMMON 019754100 557 11700 11700 0 11700
ALLSTATE CORP COMMON 020002101 5833 233900 233900 0 233900
ALPHA INDS INC COMMON 020753109 1974 35000 35000 0 35000
ALPHARMA INC CLASS A 020813101 9488 268700 268700 0 268700
ALTERA CORP COMMON 021441100 1223 28200 28200 0 28200
AMBAC FINANCIAL GRP COMMON 023139108 2326 49100 49100 0 49100
AMER CLASSIC VOYAGES COMMON 024928103 1046 45600 45600 0 45600
AMER MGMNT SYS COMMON 027352103 2301 89700 89700 0 89700
AMERADA HESS CORP COMMON 023551104 3889 63500 63500 0 63500
AMERICA ONLINE INC COMMON 02364J104 978 9400 9400 0 9400
AMERICA WEST HLDGS CLASS B 023657208 5393 311500 311500 0 311500
AMERICAN EAGLE OUTFT COMMON 02553E106 436 9000 9000 0 9000
AMERICAN EXPRESS CO COMMON 025816109 2106 15600 15600 0 15600
AMERICAN GEN CORP COMMON 026351106 7084 112000 112000 0 112000
AMERICAN HOME PRODS COMMON 026609107 5810 140000 140000 0 140000
AMERICREDIT CORP COMMON 03060R101 2218 148500 148500 0 148500
AMERISOURCE HEALTH CLASS A 03071P102 2212 93400 93400 0 93400
AMERITECH CORP COMMON 030954101 12809 191900 191900 0 191900
AMERN FINL GROUP COMMON 025932104 2408 85800 85800 0 85800
AMERN GREETINGS CORP CLASS A 026375105 407 15800 15800 0 15800
AMERN INTL GROUP INC COMMON 026874107 983 11310 11310 0 11310
AMGEN INC COMMON 031162100 7058 86600 86600 0 86600
AMKOR TECHNOLOGY INC COMMON 031652100 3441 213400 213400 0 213400
AMR CORP COMMON 001765106 382 7000 7000 0 7000
AMSOUTH BANCORP COMMON 032165102 1178 50262 50262 0 50262
AMTRAN INC COMMON 03234G106 242 12900 12900 0 12900
ANADARKO PETE COMMON 032511107 3634 118900 118900 0 118900
ANALOG DEVICES INC COMMON 032654105 4884 95300 95300 0 95300
ANCHOR BANCORP WIS COMMON 032839102 2598 159900 159900 0 159900
ANHEUSER BUSCH COS COMMON 035229103 11364 162200 162200 0 162200
ANNTAYLOR STORES COMMON 036115103 2780 68000 68000 0 68000
ANSWERTHINK CONSLTNG COMMON 036916104 603 62600 62600 0 62600
APACHE CORP COMMON 037411105 1771 41000 41000 0 41000
APARTMENT INVT&MGMT CLASS A 03748R101 1006 26300 26300 0 26300
APPLIED MATLS INC COMMON 038222105 497 6400 6400 0 6400
APPLIED SCI & TECH COMMON 038236105 1875 90900 90900 0 90900
APTARGROUP INC COMMON 038336103 6161 230300 230300 0 230300
</TABLE>
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<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
ARCHER-DANIEL MIDLND COMMON 039483102 2877 237311 237311 0 237311
ARDEN RLTY GRP INC COMMON 039793104 803 36900 36900 0 36900
ARGOSY GAMING CORP COMMON 040228108 9737 734900 734900 0 734900
ARROW ELECTRS INC COMMON 042735100 798 45300 45300 0 45300
ARVIN INDS INC COMMON 043339100 8526 275600 275600 0 275600
ASHLAND INC COMMON 044204105 1184 35200 35200 0 35200
ASPECT DEV INC COMMON 045234101 4969 196300 196300 0 196300
ASSOCIATED BRIT FOOD ADR 045519402 511 78479 78479 0 78479
ASSOCIATES FIRST CAP CLASS A 046008108 653 18134 18134 0 18134
ASSTD LIVING CPTS COMMON 04543L109 179 63500 63500 0 63500
ASTEC INDS INC COMMON 046224101 1723 71400 71400 0 71400
ASTRAZENECA PLC SP ADR 046353108 977 23116 23116 0 23116
AT&T CORP COMMON 001957109 16465 378499 378499 0 378499
ATLANTIC RICHFIELD COMMON 048825103 7799 88000 88000 0 88000
ATLAS AIR INC COMMON 049164106 1156 52850 52850 0 52850
ATMEL CORP COMMON 049513104 1799 53200 53200 0 53200
AUTODESK INC COMMON 052769106 221 10100 10100 0 10100
AUTOZONE INC COMMON 053332102 2290 81600 81600 0 81600
AVALONBAY COMMNTIES COMMON 053484101 1260 37200 37200 0 37200
AVIS RENT A CAR INC COMMON 053790101 461 22100 22100 0 22100
AVNET INC COMMON 053807103 521 12400 12400 0 12400
AVON PRODS INC COMMON 054303102 707 28500 28500 0 28500
AVT CORP COMMON 002420107 4321 141100 141100 0 141100
AVX CORP COMMON 002444107 341 9700 9700 0 9700
AZTAR CORP COMMON 054802103 236 23000 23000 0 23000
B A S F A G ADR 055262406 627 14650 14650 0 14650
BALL CORP COMMON 058498106 6570 149100 149100 0 149100
BALLY TOTAL FITNES COMMON 05873K108 3285 107500 107500 0 107500
BANCWEST CORP NEW COMMON 059790105 5541 136400 136400 0 136400
BANK OF AMERN CORP COMMON 060505104 8304 149120 149120 0 149120
BANK ONE CORPORATION COMMON 06423A103 6681 191900 191900 0 191900
BANK UTD CORP CLASS A 065412108 5339 164900 164900 0 164900
BANTA CORP COMMON 066821109 493 22100 22100 0 22100
BARD C R INC COMMON 067383109 3120 66300 66300 0 66300
BARR LABS INC COMMON 068306109 1899 59800 59800 0 59800
BARRETT RES CORP COMMON 068480201 613 16600 16600 0 16600
BASIN EXPL INC COMMON 070107107 4514 188100 188100 0 188100
BAUSCH & LOMB INC COMMON 071707103 488 7400 7400 0 7400
</TABLE>
<PAGE> 6
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
BAXTER INTL INC COMMON 071813109 1627 27000 27000 0 27000
BAYER A G SP ADR 072730302 605 15250 15250 0 15250
BE AEROSPACE INC COMMON 073302101 2225 186400 186400 0 186400
BEAR STEARNS COS INC COMMON 073902108 4039 105075 105075 0 105075
BECKMAN COULTER INC COMMON 075811109 2965 65700 65700 0 65700
BECTON DICKINSON COMMON 075887109 413 14700 14700 0 14700
BED BATH & BEYOND COMMON 075896100 811 23200 23200 0 23200
BEDFORD PPTY INV INC COMMON 076446301 5408 320500 320500 0 320500
BELL ATLANTIC CORP COMMON 077853109 6658 98906 98906 0 98906
BELLSOUTH CORP COMMON 079860102 7524 167200 167200 0 167200
BERGEN BRUNSWIG CORP CLASS A 083739102 187 18000 18000 0 18000
BEST BUY INC COMMON 086516101 310 5000 5000 0 5000
BINDLEY WESTN INDS COMMON 090324104 6160 430425 430425 0 430425
BIOGEN INC COMMON 090597105 5068 64300 64300 0 64300
BIOMATRIX INC COMMON 09060P102 1566 69800 69800 0 69800
BIOMET INC COMMON 090613100 4513 171500 171500 0 171500
BIRMINGHAM STL CORP COMMON 091250100 142 18600 18600 0 18600
BISYS GROUP INC COMMON 055472104 310 6600 6600 0 6600
BJ SVCS CO COMMON 055482103 948 29800 29800 0 29800
BLACK HILLS CORP COMMON 092113109 408 17500 17500 0 17500
BLANCH E W HLDGS COMMON 093210102 1068 16400 16400 0 16400
BLOCK H & R INC COMMON 093671105 3371 77600 77600 0 77600
BLYTH INDUSTRIES INC COMMON 09643P108 992 35350 35350 0 35350
BOB EVANS FARMS INC COMMON 096761101 856 42000 42000 0 42000
BOEING CO COMMON 097023105 296 6940 6940 0 6940
BOISE CASCADE CORP COMMON 097383103 1385 38000 38000 0 38000
BORDERS GROUP INC COMMON 099709107 751 51100 51100 0 51100
BORG-WARNER AUTO COMMON 099724106 1810 42100 42100 0 42100
BOSTON PROPERTIES COMMON 101121101 506 16500 16500 0 16500
BOWNE & CO INC COMMON 103043105 199 16400 16400 0 16400
BRIGGS & STRATTON CO COMMON 109043109 1424 24400 24400 0 24400
BRINKER INTL INC COMMON 109641100 6950 256800 256800 0 256800
BRISTOL MYERS SQUIBB COMMON 110122108 13115 194300 194300 0 194300
BRITISH AIRWAYS PLC ADR 110419306 574 10050 10050 0 10050
BRITISH TELECOMMUNTS ADR 111021408 767 4950 4950 0 4950
BROADVISION INC COMMON 111412102 16327 122700 122700 0 122700
BRUNSWICK CORP COMMON 117043109 2077 83500 83500 0 83500
BUFFETS INC COMMON 119882108 1281 110200 110200 0 110200
</TABLE>
<PAGE> 7
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
BURLINGTON INDS INC COMMON 121693105 2825 627700 627700 0 627700
C&D TECHNOLOGIES INC COMMON 124661109 3087 85000 85000 0 85000
CABLETRON SYS INC COMMON 126920107 824 52500 52500 0 52500
CABOT CORP COMMON 127055101 214 9000 9000 0 9000
CABOT OIL & GAS CORP CLASS A 127097103 191 11100 11100 0 11100
CADENCE DESIGN SYS COMMON 127387108 3106 232200 232200 0 232200
CAMBREX CORP COMMON 132011107 1348 51000 51000 0 51000
CANANDAIGUA BRANDS CLASS A 137219200 8676 145200 145200 0 145200
CANON INC ADR 138006309 918 31000 31000 0 31000
CAPITAL SR LIVING COMMON 140475104 268 35400 35400 0 35400
CAPITL AUTOMTVE REIT COMMON 139733109 1854 149800 149800 0 149800
CARLISLE COS INC COMMON 142339100 3642 92200 92200 0 92200
CARLTON COMMUNICATN ADR 142872209 651 16800 16800 0 16800
CARRAMERICA RLTY CP COMMON 144418100 770 35100 35100 0 35100
CARRIER ACCESS CORP COMMON 144460102 1601 38300 38300 0 38300
CATALINA MARKETING COMMON 148867104 577 6800 6800 0 6800
CATERPILLAR INC COMMON 149123101 6928 126400 126400 0 126400
CATO CORP CLASS A 149205106 2562 181800 181800 0 181800
CBL & ASSOCIATE PROP COMMON 124830100 4391 179700 179700 0 179700
CBRL GROUP INC COMMON 12489V106 2801 180700 180700 0 180700
CCB FINANCIAL CORP COMMON 124875105 703 16900 16900 0 16900
C-CUBE MICROSYS COMMON 125015107 1244 28600 28600 0 28600
CDW COMPUTER CTRS COMMON 125129106 1647 33700 33700 0 33700
CEC ENTMT INC COMMON 125137109 8133 226700 226700 0 226700
CENTEX CONSTR PROD COMMON 15231R109 2053 55300 55300 0 55300
CENTEX CORP COMMON 152312104 3500 118400 118400 0 118400
CENTRAL NEWSPAPERS CLASS A 154647101 2394 53800 53800 0 53800
CENTURYTEL INC COMMON 156700106 8155 200750 200750 0 200750
CHARTER ONE FINL COMMON 160903100 1413 61110 61110 0 61110
CHASE MANHATTAN CORP COMMON 16161A108 7368 97748 97748 0 97748
CHEESECAKE FACTORY COMMON 163072101 4437 159900 159900 0 159900
CHESAPEAKE CORP COMMON 165159104 705 23300 23300 0 23300
CHIRON CORP COMMON 170040109 1816 65600 65600 0 65600
CHURCH & DWIGHT INC COMMON 171340102 453 18100 18100 0 18100
CIBER INC COMMON 17163B102 1749 114200 114200 0 114200
CIGNA CORP COMMON 125509109 6051 77825 77825 0 77825
CINCINNATI BELL INC COMMON 171870108 490 25200 25200 0 25200
CINTAS CORP COMMON 172908105 243 4200 4200 0 4200
</TABLE>
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<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
CISCO SYSTEMS INC COMMON 17275R102 4902 71500 71500 0 71500
CITIGROUP INC COMMON 172967101 4034 91675 91675 0 91675
CITRIX SYS INC COMMON 177376100 873 14100 14100 0 14100
CITY NATL CORP COMMON 178566105 218 6500 6500 0 6500
CLAIRE S STORES INC COMMON 179584107 389 23500 23500 0 23500
CLECO CORP COMMON 12561W105 6620 204100 204100 0 204100
CMGI INC COMMON 125750109 482 4700 4700 0 4700
CMP GROUP INC COMMON 125887109 274 10400 10400 0 10400
CMS ENERGY CORP COMMON 125896100 261 7700 7700 0 7700
CNET INC COMMON 125945105 1579 28200 28200 0 28200
CNF TRANSPORTATION COMMON 12612W104 1609 43200 43200 0 43200
COASTAL CORP COMMON 190441105 2237 54650 54650 0 54650
COCA COLA CO COMMON 191216100 1870 38765 38765 0 38765
COLGATE PALMOLIVE CO COMMON 194162103 339 7400 7400 0 7400
COLONIAL BANCGROUP COMMON 195493309 680 60800 60800 0 60800
COMDISCO INC COMMON 200336105 583 30200 30200 0 30200
COMFORT SYS USA INC COMMON 199908104 1388 117500 117500 0 117500
COMMERCE BANC INC NJ COMMON 200519106 7694 185388 185388 0 185388
COMMERCE BANCSHARES COMMON 200525103 1903 53805 53805 0 53805
COMMERCE GROUP INC COMMON 200641108 320 13900 13900 0 13900
COMMERCIAL FED CORP COMMON 201647104 371 18900 18900 0 18900
COMMERCIAL METALS CO COMMON 201723103 2751 95700 95700 0 95700
COMMONWEALTH BANCORP COMMON 20268X102 1280 75000 75000 0 75000
COMMONWEALTH INDS COMMON 203004106 1915 142500 142500 0 142500
COMPAQ COMPUTER CORP COMMON 204493100 5170 226000 226000 0 226000
COMPUTER TASK GROUP COMMON 205477102 1751 118700 118700 0 118700
COMPUWARE CORP COMMON 205638109 3281 125900 125900 0 125900
COMVERSE TECHNOLOGY COMMON 205862402 424 4500 4500 0 4500
CONCENTRIC NETWORK COMMON 20589R107 1749 86100 86100 0 86100
CONCORD EFS INC COMMON 206197105 377 18300 18300 0 18300
CONMED CORP COMMON 207410101 576 23500 23500 0 23500
CONSOLIDATED FRTWYS COMMON 209232107 983 99500 99500 0 99500
CONSOLIDATED GRAPHIC COMMON 209341106 855 20300 20300 0 20300
CONSOLIDATED PRODS COMMON 209798107 495 50768 50768 0 50768
CONSTELLATION ENRGY COMMON 210371100 863 30700 30700 0 30700
CONVERGYS CORP COMMON 212485106 372 18800 18800 0 18800
COOPER CAMERON CORP COMMON 216640102 1208 32000 32000 0 32000
COOPER COMP INC COMMON 216648402 312 10100 10100 0 10100
</TABLE>
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<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
COORS ADOLPH CO CLASS B 217016104 10798 199500 199500 0 199500
COPART INC COMMON 217204106 2460 133400 133400 0 133400
CORDANT TECHO INC COMMON 218412104 953 31300 31300 0 31300
CORN PRODS INTL COMMON 219023108 3479 114300 114300 0 114300
CORNING INCORPORATED COMMON 219350105 1275 18600 18600 0 18600
COSTCO WHSL CORP COMMON 22160K105 454 6300 6300 0 6300
COVANCE INC COMMON 222816100 970 100100 100100 0 100100
COX RADIO INC CLASS A 224051102 3255 54700 54700 0 54700
CREDITRUST CORP COMMON 225429109 1438 64100 64100 0 64100
CREE RESH INC COMMON 225447101 1588 46800 46800 0 46800
CSG SYS INTL INC COMMON 126349109 1072 39100 39100 0 39100
CTS CORP COMMON 126501105 454 7900 7900 0 7900
CULLEN FROST BANKERS COMMON 229899109 4053 162100 162100 0 162100
CUMMINS ENGINE INC COMMON 231021106 1200 24100 24100 0 24100
CYPRESS SEMICONDUCTR COMMON 232806109 965 44900 44900 0 44900
CYTEC INDS INC COMMON 232820100 425 18100 18100 0 18100
CYTYC CORP COMMON 232946103 7973 206100 206100 0 206100
DAI NIPPON PRTG LTD ADR 233806207 586 3150 3150 0 3150
DAIMLERCHRYSLER AG ORDINARY D1668R123 451 6500 6500 0 6500
DAIN RAUSCHER CORP COMMON 233856103 1887 38500 38500 0 38500
DALLAS SEMICONDUCTOR COMMON 235204104 5119 95800 95800 0 95800
DANAHER CORP COMMON 235851102 269 5100 5100 0 5100
DARDEN RESTAURANT COMMON 237194105 4617 236000 236000 0 236000
DATASCOPE CORP COMMON 238113104 3846 109500 109500 0 109500
DAYTON HUDSON CORP COMMON 239753106 5514 91800 91800 0 91800
DEAN FOODS CO COMMON 242361103 2540 58300 58300 0 58300
DEL MONTE FOODS CO COMMON 24522P103 1314 93000 93000 0 93000
DELL COMPUTER CORP COMMON 247025109 7917 189350 189350 0 189350
DELPHI FINL GRP CLASS A 247131105 3678 121833 121833 0 121833
DEN DANSKE BK AF ADR 248206203 860 7550 7550 0 7550
DETROIT DIESEL CORP COMMON 250837101 1449 78300 78300 0 78300
DEUTSCHE BANK A G SP ADR 251525309 789 12150 12150 0 12150
DEVRY INC DEL COMMON 251893103 6746 337300 337300 0 337300
DEXTER CORP COMMON 252165105 7754 207800 207800 0 207800
DIAMOND OFFSHORE DRL COMMON 25271C102 2727 81700 81700 0 81700
DII GROUP INC COMMON 232949107 6281 178500 178500 0 178500
DILLARD'S INC CLASS A 254067101 325 16000 16000 0 16000
DIME BANCORP INC COMMON 25429Q102 2637 150700 150700 0 150700
</TABLE>
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<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
DISNEY WALT CO COMMON 254687106 658 25300 25300 0 25300
DOLE FOOD INC COMMON 256605106 203 10700 10700 0 10700
DOLLAR GEN CORP COMMON 256669102 2702 87500 87500 0 87500
DOLLAR THRIFTY AUTO COMMON 256743105 2900 140200 140200 0 140200
DOLLAR TREE STORES COMMON 256747106 236 5900 5900 0 5900
DONNELLEY R R & SONS COMMON 257867101 424 14700 14700 0 14700
DORAL FINL CRP COMMON 25811P100 1767 132100 132100 0 132100
DOUBLECLICK INC COMMON 258609304 1203 10100 10100 0 10100
DOW CHEM CO COMMON 260543103 4522 39800 39800 0 39800
DOWNEY FINANCIAL COMMON 261018105 5997 297985 297985 0 297985
DPL INC COMMON 233293109 2126 120600 120600 0 120600
DQE INC COMMON 23329J104 1526 39000 39000 0 39000
DRIL-QUIP INC COMMON 262037104 1494 58600 58600 0 58600
DSP COMMUNICATIONS COMMON 23332K106 1721 90600 90600 0 90600
DST SYS INC DEL COMMON 233326107 1365 24000 24000 0 24000
DUKE ENERGY CORP COMMON 264399106 6400 116100 116100 0 116100
DYCOM INDUSTRIES INC COMMON 267475101 837 19850 19850 0 19850
E TRADE GROUP INC COMMON 269246104 428 18200 18200 0 18200
EARTHGRAINS CO COMMON 270319106 5509 249000 249000 0 249000
EASTERN ENTERPRISES COMMON 27637F100 3529 76000 76000 0 76000
EATON VANCE CORP COMMON 278265103 698 21800 21800 0 21800
EDWARDS AG INC COMMON 281760108 476 18050 18050 0 18050
EG & G INC COMMON 268457108 533 13400 13400 0 13400
EISAI CO LTD - ADR ADR 282579309 435 17150 17150 0 17150
EL PASO ELEC CO COMMON 283677854 143 15900 15900 0 15900
EL PASO ENRGY CORP COMMON 283905107 994 24700 24700 0 24700
ELCOR CORP COMMON 284443108 6691 267650 267650 0 267650
ELECTRONIC ARTS COMMON 285512109 2229 30800 30800 0 30800
ELECTRONIC DATA SYS COMMON 285661104 9365 176900 176900 0 176900
ELECTRONICS FOR IMAG COMMON 286082102 2570 50000 50000 0 50000
ELF AQUITAINE SP ADR 286269105 1003 10950 10950 0 10950
EMC CORP MASS COMMON 268648102 3048 42700 42700 0 42700
EMCOR GROUP INC COMMON 29084Q100 2287 118800 118800 0 118800
ENDESA SA SP ADR 29258N107 868 45400 45400 0 45400
ENERGEN CORP COMMON 29265N108 4817 237900 237900 0 237900
ENERGY EAST CORP COMMON 29266M109 5854 246500 246500 0 246500
ENGELHARD CORP COMMON 292845104 1560 85500 85500 0 85500
ENHANCE FINL SVCS GR COMMON 293310108 405 22900 22900 0 22900
</TABLE>
<PAGE> 11
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
ENI S P A ADR 26874R108 554 8800 8800 0 8800
ENSCO INTL INC COMMON 26874Q100 1604 88800 88800 0 88800
EOG RESOURCES INC COMMON 26875P101 1560 73400 73400 0 73400
EQUITABLE RES INC COMMON 294549100 2908 76900 76900 0 76900
EQUITY OFFICE PPTYS COMMON 294741103 1793 77100 77100 0 77100
EQUITY RESIDENTIAL SH BEN 29476L107 1814 42800 42800 0 42800
ESSEX PPTY TR INC COMMON 297178105 3165 90600 90600 0 90600
ESTEE LAUDER CO CLASS A 518439104 285 7300 7300 0 7300
ESTERLINE TECH CORP COMMON 297425100 2093 132900 132900 0 132900
ETHAN ALLEN INTERIOR COMMON 297602104 3259 102450 102450 0 102450
EVEREST REINSURANCE COMMON 299808105 1045 43900 43900 0 43900
EVERGREEN RES INC COMMON 299900308 4488 186500 186500 0 186500
EXCEL SWITCHING CORP COMMON 30067V108 1392 38800 38800 0 38800
EXODUS COMMUNICAT COMMON 302088109 1650 22900 22900 0 22900
EXPEDITORS INTL WASH COMMON 302130109 2879 89700 89700 0 89700
EXPRESS SCRIPTS INC CLASS A 302182100 6706 85700 85700 0 85700
EXTENDED STAY AMERN COMMON 30224P101 1265 140600 140600 0 140600
EXXON CORP COMMON 302290101 13566 178500 178500 0 178500
FAMILY DOLLAR STORES COMMON 307000109 1696 80300 80300 0 80300
FANNIE MAE COMMON 313586109 2783 44400 44400 0 44400
FBL FINL GROUP INC COMMON 30239F106 3339 161900 161900 0 161900
FEDERAL SIGNAL CORP COMMON 313855108 3379 170000 170000 0 170000
FELCOR LODGING TR COMMON 31430F101 5261 300652 300652 0 300652
FERRO CORP COMMON 315405100 1217 57100 57100 0 57100
FIDELITY NATL FINL COMMON 316326107 2954 194520 194520 0 194520
FIRST AMERN FINL COMMON 318522307 1190 89000 89000 0 89000
FIRST IND REALTY TR COMMON 32054K103 797 32200 32200 0 32200
FIRST REP BANK(S.F) COMMON 336158100 2446 92300 92300 0 92300
FIRST TENN NATL CORP COMMON 337162101 3178 113000 113000 0 113000
FISERV INC COMMON 337738108 5691 175100 175100 0 175100
FLAGSTAR BANCORP INC COMMON 337930101 5188 337400 337400 0 337400
FLEET FINL GROUP INC COMMON 338915101 245 6700 6700 0 6700
FLUOR CORP COMMON 343861100 986 24500 24500 0 24500
FMC CORP COMMON 302491303 936 19400 19400 0 19400
FOODMAKER INC COMMON 344839204 3294 132100 132100 0 132100
FOOTSTAR INC COMMON 344912100 6891 195500 195500 0 195500
FORD MOTOR CO COMMON 345370100 11660 232040 232040 0 232040
FOREST LABS INC COMMON 345838106 3100 73600 73600 0 73600
</TABLE>
<PAGE> 12
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
FOSSIL INC COMMON 349882100 3916 144700 144700 0 144700
FOSTER WHEELER CORP COMMON 350244109 368 30500 30500 0 30500
FOUNDATION HLTH SYS CLASS A 350404109 746 79000 79000 0 79000
FREDDIE MAC COMMON 313400301 671 12900 12900 0 12900
FREEPORT-MCMORAN C&G CLASS B 35671D857 1413 90800 90800 0 90800
FRONTIER AIRLINES COMMON 359065109 1586 166900 166900 0 166900
FRONTIER INS GROUP COMMON 359081106 1441 164740 164740 0 164740
FUJI PHOTO FILM ADR 359586302 899 26600 26600 0 26600
FULLER H B CO COMMON 359694106 1023 16800 16800 0 16800
FURNITURE BRANDS INT COMMON 360921100 3812 193600 193600 0 193600
GANNETT INC DEL COMMON 364730101 17114 247360 247360 0 247360
GAP INC COMMON 364760108 9398 293700 293700 0 293700
GENCOR INDS INC COMMON 368678108 49 97500 97500 0 97500
GENCORP INC COMMON 368682100 3684 201200 201200 0 201200
GENERAL CABLE CORP COMMON 369300108 3622 301850 301850 0 301850
GENERAL ELEC CO COMMON 369604103 18963 159945 159945 0 159945
GENERAL GRWTH PPTY COMMON 370021107 816 25900 25900 0 25900
GENERAL MTRS CORP COMMON 370442105 5734 91100 91100 0 91100
GENESCO INC COMMON 371532102 1415 113200 113200 0 113200
GENTEX CORP COMMON 371901109 647 31300 31300 0 31300
GENZYME CORP COMMON 372917104 5849 129800 129800 0 129800
GEON CO COMMON 37246W105 2395 93000 93000 0 93000
GEORGIA PAC CORP COMMON 373298702 716 31300 31300 0 31300
GEORGIA PAC CORP COMMON 373298108 3000 74200 74200 0 74200
GERBER SCIENTIFIC COMMON 373730100 2367 105800 105800 0 105800
GILLETTE CO COM COMMON 375766102 512 15100 15100 0 15100
GLATFELTER P H CO COMMON 377316104 896 54500 54500 0 54500
GLAXO WELLCOME PLC SP ADR 37733W105 590 11350 11350 0 11350
GLIATECH INC COMMON 37929C103 1887 110200 110200 0 110200
GLOBAL MARINE INC COMMON 379352404 1300 79100 79100 0 79100
GOLDEN ST BANCORP IN COMMON 381197102 321 17900 17900 0 17900
GPU INC COMMON 36225X100 2564 78600 78600 0 78600
GRACE W R & CO DEL COMMON 38388F108 12208 745500 745500 0 745500
GRACO INC COMMON 384109104 6282 191450 191450 0 191450
GRANITE CONSTR INC COMMON 387328107 5283 202700 202700 0 202700
GREAT LAKES CHEM COMMON 390568103 2383 62600 62600 0 62600
GREENPOINT FINL COMMON 395384100 2253 84800 84800 0 84800
GREIF BROS CORP CLASS A 397624107 206 7300 7300 0 7300
</TABLE>
<PAGE> 13
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
GROUPE DANONE SP ADR 399449107 685 14150 14150 0 14150
GTE CORP COMMON 362320103 9306 121050 121050 0 121050
GUARANTEE LIFE COS COMMON 400740106 1482 48500 48500 0 48500
HANGER ORTHOPEDIC GP COMMON 41043F208 3017 208100 208100 0 208100
HANNAFORD BROS CO COMMON 410550107 211 3000 3000 0 3000
HANOVER COMPRESSOR COMMON 410768105 7520 236400 236400 0 236400
HARBINGER CORP COMMON 41145C103 5056 299600 299600 0 299600
HARLEY DAVIDSON INC COMMON 412822108 561 11200 11200 0 11200
HARRAHS ENTMT INC COMMON 413619107 1532 55200 55200 0 55200
HARSCO CORP COMMON 415864107 249 9000 9000 0 9000
HARTE HANKS INC COMMON 416196103 2506 99500 99500 0 99500
HAWAIIAN ELEC INDS COMMON 419870100 9247 262800 262800 0 262800
HAYES LEMMERZ INTL COMMON 420781106 921 39600 39600 0 39600
HEALTHCARE RLTY TR COMMON 421946104 422 22500 22500 0 22500
HEARST-ARGYLE TELE COMMON 422317107 651 30270 30270 0 30270
HEINZ H J CO COMMON 423074103 460 10700 10700 0 10700
HELMERICH & PAYNE COMMON 423452101 1858 73400 73400 0 73400
HERBALIFE INTL INC CLASS A 426908208 1801 118100 118100 0 118100
HERCULES INC COMMON 427056106 298 10400 10400 0 10400
HERTZ CORP CLASS A 428040109 1685 38300 38300 0 38300
HEWLETT PACKARD CO COMMON 428236103 14456 159300 159300 0 159300
HIBERNIA CORP CLASS A 428656102 1004 86400 86400 0 86400
HIGHWOODS PPTYS INC COMMON 431284108 981 37900 37900 0 37900
HISPANIC BROADCASTIN CLASS A 43357B104 662 8700 8700 0 8700
HITACHI LTD ADR 433578507 671 6150 6150 0 6150
HOLLINGER INTL INC CLASS A 435569108 5699 479900 479900 0 479900
HOME DEPOT INC COMMON 437076102 3898 56800 56800 0 56800
HONDA MTR LTD ADR 438128308 511 6250 6250 0 6250
HOOPER HOLMES INC COMMON 439104100 7313 285400 285400 0 285400
HORACE MANN EDUCATRS COMMON 440327104 1471 57000 57000 0 57000
HORMEL FOODS CORP COMMON 440452100 1644 39800 39800 0 39800
HOSPITALITY PPTYS TR SH BEN 44106M102 923 41600 41600 0 41600
HOST MARRIOTT CORP COMMON 44107P104 126 13269 13269 0 13269
HOUGHTON MIFFLIN CO COMMON 441560109 256 6300 6300 0 6300
HOUSTON EXPL CO COMMON 442120101 642 29600 29600 0 29600
HS RES INC COMMON 404297103 2780 169800 169800 0 169800
HSBC HLDGS PLC SP ADR 404280406 1110 19120 19120 0 19120
HUDSON UNITED BANCOR COMMON 444165104 3833 124382 124382 0 124382
</TABLE>
<PAGE> 14
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
I2 TECHNOLOGIES INC COMMON 465754109 858 22100 22100 0 22100
IBM COMMON 459200101 23583 194900 194900 0 194900
IBP INC COMMON 449223106 5342 216400 216400 0 216400
IDACORP INC COMMON 451107106 1467 48700 48700 0 48700
IDEC PHARMACEUTICALS COMMON 449370105 8989 95600 95600 0 95600
IDEX CORP COMMON 45167R104 410 14475 14475 0 14475
IMATION CORP COMMON 45245A107 2775 89500 89500 0 89500
IMC GLOBAL INC COMMON 449669100 1034 71000 71000 0 71000
IMPERIAL BANCORP COMMON 452556103 9316 438412 438412 0 438412
IN FOCUS SYS COMMON 452919103 3440 205400 205400 0 205400
INDEPNDNT BK OF MASS COMMON 453836108 150 11500 11500 0 11500
INDIANA ENERGY INC COMMON 454707100 883 44000 44000 0 44000
ING GROEP N V SP ADR 456837103 835 15250 15250 0 15250
INNKEEPERS USA TR COMMON 4576J0104 850 102200 102200 0 102200
INSITUFORM TECH INC CLASS A 457667103 11392 455680 455680 0 455680
INTEGRAT DEVICE TECH COMMON 458118106 629 34000 34000 0 34000
INTEL CORP COMMON 458140100 16692 224622 224622 0 224622
INTER TEL INC COMMON 458372109 870 49000 49000 0 49000
INTERFACE INC CLASS A 458665106 125 24300 24300 0 24300
INTERMET CORP COMMON 45881K104 2635 311200 311200 0 311200
INTERVOICE-BRITE INC COMMON 461142101 1355 122500 122500 0 122500
INTL GAME TECH COMMON 459902102 977 54300 54300 0 54300
INTL MULTIFOODS CORP COMMON 460043102 297 12900 12900 0 12900
INTL NETWORK SVCS COMMON 460053101 269 4950 4950 0 4950
INTL RECTIFIER CORP COMMON 460254105 198 13000 13000 0 13000
INTL SPEEDWAY CORP CLASS A 460335201 1813 34500 34500 0 34500
INTUIT COMMON 461202103 2121 24200 24200 0 24200
INVESTMENT TECH GRP COMMON 46145F105 225 9800 9800 0 9800
IRT PROPERTY CO COMMON 450058102 973 108100 108100 0 108100
ISTITUTO BANC SAN PA SP ADR 465224103 683 26264 26264 0 26264
ITC DELTACOM INC COMMON 45031T104 3003 109200 109200 0 109200
ITT INDS INC(IND) COMMON 450911102 1546 48600 48600 0 48600
IVAX CORP COMMON 465823102 1869 113300 113300 0 113300
JABIL CIRCUIT INC COMMON 466313103 1480 29900 29900 0 29900
JACOBS ENGR GROUP COMMON 469814107 2590 79700 79700 0 79700
JDN RLTY CORP COMMON 465917102 524 25550 25550 0 25550
JDS UNIPHASE CORP COMMON 46612J101 410 3600 3600 0 3600
JEFFERIES GRP INC COMMON 472319102 4985 238800 238800 0 238800
</TABLE>
<PAGE> 15
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
JLG INDS INC COMMON 466210101 2117 139400 139400 0 139400
JOHNSON & JOHNSON COMMON 478160104 4373 47600 47600 0 47600
JOHNSON CONTROLS INC COMMON 478366107 4542 68500 68500 0 68500
JONES APPAREL GROUP COMMON 480074103 5000 173900 173900 0 173900
JONES PHARMA INC COMMON 480236108 3214 97500 97500 0 97500
JP REALTY INC COMMON 46624A106 1611 94100 94100 0 94100
K MART CORP COMMON 482584109 124 10600 10600 0 10600
KAUFMAN & BROAD HOME COMMON 486168107 1704 82600 82600 0 82600
KEANE INC COMMON 486665102 2347 102900 102900 0 102900
KELLWOOD CO COMMON 488044108 3040 138200 138200 0 138200
KEYCORP COMMON 493267108 1611 62400 62400 0 62400
KILROY RLTY CORP COMMON 49427F108 4648 220000 220000 0 220000
KIMBERLY CLARK CORP COMMON 494368103 12955 245600 245600 0 245600
KIMCO REALTY CORP COMMON 49446R109 910 25450 25450 0 25450
KING PHARMACEUTICALS COMMON 495582108 1838 52500 52500 0 52500
KLA-TENCORP CORP COMMON 482480100 221 3400 3400 0 3400
KNIGHT-RIDDER INC COMMON 499040103 3377 61400 61400 0 61400
KOGER EQUITY INC COMMON 500228101 3402 212600 212600 0 212600
K-SWISS INC CLASS A 482686102 2216 70200 70200 0 70200
KYOCERA CORP ADR 501556203 981 13300 13300 0 13300
LABOR READY INC COMMON 505401208 2346 233100 233100 0 233100
LADD FURNITURE INC COMMON 505739201 208 9800 9800 0 9800
LAFARGE CORP COMMON 505862102 893 27900 27900 0 27900
LAM RESH CORP COMMON 512807108 4319 70800 70800 0 70800
LANDAMERICA FINL G COMMON 514936103 2078 105200 105200 0 105200
LANDS END INC COMMON 515086106 805 12200 12200 0 12200
LANDSTAR SYS INC COMMON 515098101 222 6400 6400 0 6400
LASER VISION CTRS COMMON 51807H100 1172 83500 83500 0 83500
LASON INC COMMON 51808R107 5887 132200 132200 0 132200
LATTICE SEMICONDUCTR COMMON 518415104 3126 105300 105300 0 105300
LEGATO SYS INC COMMON 524651106 2297 52700 52700 0 52700
LEXMARK INTL GRP CLASS A 529771107 6287 78100 78100 0 78100
LG&E ENERGY CORP COMMON 501917108 271 12768 12768 0 12768
LHS GROUP INC COMMON 501938104 256 8700 8700 0 8700
LIBERTY PPTY TR SH BEN 531172104 1069 47100 47100 0 47100
LILLY ELI & CO COMMON 532457108 8107 126300 126300 0 126300
LINEAR TECHNOLOGY COMMON 535678106 717 12200 12200 0 12200
LINENS N THINGS INC COMMON 535679104 398 11800 11800 0 11800
</TABLE>
<PAGE> 16
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
LIPOSOME CO INC COMMON 536310105 1146 150600 150600 0 150600
LITTON INDS INC COMMON 538021106 1621 29600 29600 0 29600
LIZ CLAIBORNE INC COMMON 539320101 3178 102500 102500 0 102500
LNR PROPERTY CORP COMMON 501940100 3751 184100 184100 0 184100
LOCKHEED MARTIN CORP COMMON 539830109 4220 129100 129100 0 129100
LONE STAR INDS INC COMMON 542290408 2618 52500 52500 0 52500
LOUISIANA PAC CORP COMMON 546347105 1383 88500 88500 0 88500
LOWES CO COMMON 548661107 10335 212000 212000 0 212000
LTC PPTYS INC COMMON 502175102 1800 169400 169400 0 169400
LUBRIZOL CORP COMMON 549271104 545 21200 21200 0 21200
LUCENT TECHNOLOGIES COMMON 549463107 5707 87969 87969 0 87969
LYCOS INC COMMON 550818108 1258 25100 25100 0 25100
MACDERMID INC COMMON 554273102 1434 42100 42100 0 42100
MACERICH CO COMMON 554382101 4528 195800 195800 0 195800
MACK CALI RLTY CORP COMMON 554489104 1872 69800 69800 0 69800
MACROMEDIA INC COMMON 556100105 6058 148200 148200 0 148200
MAIL-WELL INC COMMON 560321200 2027 146100 146100 0 146100
MALLINCKRODT INC COMMON 561232109 1002 33200 33200 0 33200
MANDALAY RESORT GRP COMMON 562567107 2765 140000 140000 0 140000
MANITOWOC INC COMMON 563571108 4749 139175 139175 0 139175
MANPOWER INC COMMON 56418H100 850 29200 29200 0 29200
MANUFACTR HOME CMNTY COMMON 564682102 442 18900 18900 0 18900
MARINE DRILLING CO COMMON 568240204 3907 247100 247100 0 247100
MARK IV INDS INC COMMON 570387100 1155 58500 58500 0 58500
MARKS & SPENCER LTD SP ADR 570697607 484 15500 15500 0 15500
MARRIOTT INTL INC CLASS A 571903202 2448 74900 74900 0 74900
MARSHALL & ILSLEY COMMON 571834100 713 12500 12500 0 12500
MARTIN MARIETTA MATL COMMON 573284106 308 7700 7700 0 7700
MASCOTECH INC COMMON 574670105 271 16300 16300 0 16300
MASTECH CORP COMMON 57632N105 2022 149800 149800 0 149800
MATTEL INC COMMON 577081102 3933 207000 207000 0 207000
MAXIM INTEGRATED PRO COMMON 57772K101 555 8800 8800 0 8800
MAYTAG CORP COMMON 578592107 1336 40100 40100 0 40100
MCCORMICK & CO INC COMMON 579780206 3319 100400 100400 0 100400
MCI WORLDCOM INC COMMON 55268B106 5211 72500 72500 0 72500
MDU RES GROUP INC COMMON 552690109 374 16600 16600 0 16600
MEAD CORP COMMON 582834107 3352 97500 97500 0 97500
MEDIA GEN INC CLASS A 584404107 595 11600 11600 0 11600
</TABLE>
<PAGE> 17
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
MEDIMMUNE INC COMMON 584699102 608 6100 6100 0 6100
MEDQUIST INC COMMON 584949101 4969 148600 148600 0 148600
MELITA INTL CORP COMMON 585493109 677 86700 86700 0 86700
MELLON BANK CORP COMMON 585509102 3887 115600 115600 0 115600
MENTOR CORP MINN COMMON 587188103 2063 72400 72400 0 72400
MERCK & CO INC COMMON 589331107 8459 130510 130510 0 130510
MERCURY INTERACTIVE COMMON 589405109 7528 116600 116600 0 116600
MEREDITH CORP COMMON 589433101 2142 59000 59000 0 59000
MERISTAR HOSPTLY CRP COMMON 58984Y103 407 26500 26500 0 26500
MERITOR AUTOMOTIVE COMMON 59000G100 1148 55000 55000 0 55000
METALS USA INC COMMON 591324108 2913 285900 285900 0 285900
METHODE ELECTRS INC CLASS A 591520200 1348 71400 71400 0 71400
METRIS COS INC COMMON 591598107 4799 162676 162676 0 162676
MGIC INVT CORP COMMON 552848103 13528 283300 283300 0 283300
MGM GRAND INC COMMON 552953101 1551 30340 30340 0 30340
MICRO SYSTEMS INC COMMON 594901100 3110 76800 76800 0 76800
MICROCHIP TECHNOLOGY COMMON 595017104 370 7200 7200 0 7200
MICRON ELECTRONICS COMMON 595100108 1595 151900 151900 0 151900
MICROSOFT CORP COMMON 594918104 20204 223100 223100 0 223100
MICROSTRATEGY INC CLASS A 594972101 4160 74200 74200 0 74200
MIDAMERICAN ENERGY COMMON 59562V107 1708 57900 57900 0 57900
MILACRON INC COMMON 598709103 4974 280200 280200 0 280200
MILLER HERMAN INC COMMON 600544100 1532 64100 64100 0 64100
MILLIPORE CORP COMMON 601073109 1503 40000 40000 0 40000
MINDSPRING ENTERPR COMMON 602683104 393 14200 14200 0 14200
MINNESOTA MNG & MFG COMMON 604059105 5014 52200 52200 0 52200
MINNESOTA POWER INC COMMON 604110106 6693 381100 381100 0 381100
MMC NETWORKS INC COMMON 55308N102 5558 178200 178200 0 178200
MOBIL CORP COMMON 607059102 4141 41100 41100 0 41100
MODIS PROF SVS COMMON 607830106 1504 113500 113500 0 113500
MORGAN J P & CO INC COMMON 616880100 4284 37500 37500 0 37500
MORGAN STAN DN WT&CO COMMON 617446448 4709 52800 52800 0 52800
MOTIVEPOWER INDS INC COMMON 61980K101 1859 169000 169000 0 169000
MOTOROLA INC COMMON 620076109 308 3500 3500 0 3500
MUELLER INDS INC COMMON 624756102 226 7600 7600 0 7600
MUSICLAND STORES COMMON 62758B109 1303 146800 146800 0 146800
MYLAN LABS INC COMMON 628530107 7567 411800 411800 0 411800
NACCO INDS INC CLASS A 629579103 1300 18600 18600 0 18600
</TABLE>
<PAGE> 18
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
NATIONAL CITY CORP COMMON 635405103 5201 194880 194880 0 194880
NATIONAL DATA CORP COMMON 635621105 4412 169700 169700 0 169700
NATIONAL SVC INDS COMMON 637657107 274 8700 8700 0 8700
NATIONWIDE FINL SVCS CLASS A 638612101 393 11100 11100 0 11100
NATL AUSTRALIA BK SP ADR 632525408 915 12400 12400 0 12400
NAUTICA ENTERPRISES COMMON 639089101 184 11400 11400 0 11400
NAVISTAR INTL CORP COMMON 63934E108 2609 56100 56100 0 56100
NCR CORP COMMON 62886E108 2781 84100 84100 0 84100
NESTLE S A SP ADR 641069406 1128 12000 12000 0 12000
NETWORK APPLIANCE COMMON 64120L104 2958 41300 41300 0 41300
NETWORKS ASSOC COMMON 640938106 469 24500 24500 0 24500
NEW CENTURY FIN CORP COMMON 64352D101 1643 93200 93200 0 93200
NEW JERSEY RES CORP COMMON 646025106 408 10200 10200 0 10200
NEWFIELD EXPL CO COMMON 651290108 4364 132500 132500 0 132500
NEWS CORP LTD ADR 652487703 418 14700 14700 0 14700
NICOR INC COMMON 654086107 889 23900 23900 0 23900
NIKE INC CLASS B 654106103 324 5700 5700 0 5700
NINTENDO LTD ADR 654445303 975 49000 49000 0 49000
NIPPON TELEG & TEL SP ADR 654624105 564 9150 9150 0 9150
NISOURCE INC COMMON 65473P105 2102 95000 95000 0 95000
NL INDS INC COMMON 629156407 814 64500 64500 0 64500
NOBLE DRILLING CORP COMMON 655042109 4593 209950 209950 0 209950
NORTEK INC COMMON 656559101 2187 64100 64100 0 64100
NORTH FORK BANCORP COMMON 659424105 940 48200 48200 0 48200
NORTHWEST NAT GAS CO COMMON 667655104 689 26700 26700 0 26700
NOVARTIS A G SP ADR 66987V109 830 11187 11187 0 11187
NOVELLUS SYS INC COMMON 670008101 1672 24800 24800 0 24800
NOVO-NORDISK A/S ADR 670100205 624 10450 10450 0 10450
NPC INTL INC COMMON 629360306 367 32600 32600 0 32600
NUI CORP COMMON 629430109 5101 206100 206100 0 206100
NVR INC COMMON 62944T105 9529 188700 188700 0 188700
OCEANFIRST FINL CORP COMMON 675234108 4672 285300 285300 0 285300
OFFICE DEPOT INC COMMON 676220106 2294 218500 218500 0 218500
OFFICEMAX INC COMMON 67622M108 3629 624400 624400 0 624400
OFFSHORE LOGISTICS COMMON 676255102 257 24900 24900 0 24900
OGDEN CORP COMMON 676346109 583 56200 56200 0 56200
OHIO CASUALTY CORP COMMON 677240103 324 19200 19200 0 19200
OLD KENT FINANCIAL COMMON 679833103 2036 54845 54845 0 54845
</TABLE>
<PAGE> 19
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
OLD REP INTL CORP COMMON 680223104 475 32925 32925 0 32925
ONEOK INC COMMON 682680103 5714 188500 188500 0 188500
ORACLE CORP COMMON 68389X105 12121 266400 266400 0 266400
OREGON STL MLS INC COMMON 686079104 2581 230700 230700 0 230700
ORTHODONTIC CTRS COMMON 68750P103 2145 123000 123000 0 123000
OSHKOSH B GOSH INC CLASS A 688222207 1361 85200 85200 0 85200
OSHKOSH TRUCK CORP COMMON 688239201 6401 240400 240400 0 240400
OWENS CORNING COMMON 69073F103 781 36000 36000 0 36000
P C CONNECTION COMMON 69318J100 1530 102000 102000 0 102000
PACCAR INC COMMON 693718108 397 7800 7800 0 7800
PACIFIC CAP BANCORP COMMON 69404P101 2690 78100 78100 0 78100
PACIFIC CENTURY FINL COMMON 694058108 4836 236600 236600 0 236600
PACIFICARE HEALTH COMMON 695112102 2867 66300 66300 0 66300
PAINE WEBBER GRP INC COMMON 695629105 682 18800 18800 0 18800
PAIRGAIN TECHNOLOG COMMON 695934109 700 54900 54900 0 54900
PALL CORP COMMON 696429307 1231 53100 53100 0 53100
PAN PACIFIC RETAIL COMMON 69806L104 324 19000 19000 0 19000
PARK PL ENTMT CORP COMMON 700690100 616 49300 49300 0 49300
PATTERSON DENTAL CO COMMON 703412106 510 10300 10300 0 10300
PAYLESS SHOESOURCE COMMON 704379106 818 16200 16200 0 16200
PEGASUS SYSTEMS INC COMMON 705906105 1339 35700 35700 0 35700
PENTAIR INC COMMON 709631105 1071 26700 26700 0 26700
PEOPLES BK BRDGPORT COMMON 710198102 543 23000 23000 0 23000
PEOPLES ENERGY CORP COMMON 711030106 2664 75700 75700 0 75700
PEOPLES HERITAGE FIN COMMON 711147108 236 14200 14200 0 14200
PEOPLESOFT INC COMMON 712713106 2002 118200 118200 0 118200
PEPSICO INC COMMON 713448108 2553 83700 83700 0 83700
PFF BANCORP INC COMMON 69331W104 5451 264300 264300 0 264300
PFIZER INC COMMON 717081103 2178 60700 60700 0 60700
PG&E CORP COMMON 69331C108 1700 65700 65700 0 65700
PHILADELPHIA CONS H COMMON 717528103 1341 99300 99300 0 99300
PHILIP MORRIS CO INC COMMON 718154107 9252 270625 270625 0 270625
PHILLIPS PETE CO COMMON 718507106 273 5600 5600 0 5600
PILGRIMS PRIDE CORP CLASS B 721467108 1538 177000 177000 0 177000
PILGRIM'S PRIDE CORP CLASS A 721467207 88 17100 17100 0 17100
PINNACLE SYS INC COMMON 723481107 6021 142100 142100 0 142100
PINNACLE WEST CAP COMMON 723484101 527 14500 14500 0 14500
PIONEER STD ELECTRS COMMON 723877106 3056 211700 211700 0 211700
</TABLE>
<PAGE> 20
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
PITNEY BOWES INC COMMON 724479100 6149 100900 100900 0 100900
PLAINS RES INC COMMON 726540503 2463 137800 137800 0 137800
PLAYBOY ENTERPRISES CLASS B 728117300 1225 45900 45900 0 45900
PLEXUS CORP COMMON 729132100 377 12300 12300 0 12300
PMC-SIERRA INC COMMON 69344F106 204 2200 2200 0 2200
PMI GROUP INC COMMON 69344M101 5496 134450 134450 0 134450
PNC BANK CORP COMMON 693475105 2345 44500 44500 0 44500
POLARIS INDS INC COMMON 731068102 481 13900 13900 0 13900
POLYCOM INC COMMON 73172K104 4661 97800 97800 0 97800
POPE & TALBOT INC COMMON 732827100 1356 109600 109600 0 109600
POPULAR INC COMMON 733174106 236 8500 8500 0 8500
PORTUGAL TELECOM S A SP ADR 737273102 938 22700 22700 0 22700
POTOMAC ELEC PWR CO COMMON 737679100 3167 124500 124500 0 124500
POWERGEN PLC SP ADR 738905405 703 16900 16900 0 16900
PP&L RESOURCES INC COMMON 693499105 1407 52000 52000 0 52000
PRE PAID LEGAL SVCS COMMON 740065107 9080 230600 230600 0 230600
PRECISION CASTPARTS COMMON 740189105 808 26500 26500 0 26500
PREMARK INTL INC COMMON 740459102 803 15900 15900 0 15900
PRENTISS PPTYS TR SH BEN 740706106 6800 306500 306500 0 306500
PRESIDENTIAL LIFE COMMON 740884101 5900 344500 344500 0 344500
PRICE COMMUNICATIONS COMMON 741437305 10753 429060 429060 0 429060
PRIDE INTL INC COMMON 741932107 2508 176800 176800 0 176800
PROBUSINESS SRVS INC COMMON 742674104 371 13800 13800 0 13800
PROCTER & GAMBLE CO COMMON 742718109 6328 67500 67500 0 67500
PROFESSIONAL DETLNG COMMON 74312N107 2653 102300 102300 0 102300
PROGRESS SOFTWARE COMMON 743312100 2385 76000 76000 0 76000
PROLOGIS TRUST COMMON 743410102 629 33300 33300 0 33300
PROTECTIVE LIFE CORP COMMON 743674103 1517 52300 52300 0 52300
PROVIDENT BANKSHARES COMMON 743859100 1328 62396 62396 0 62396
PSINET INC COMMON 74437C101 460 12800 12800 0 12800
PUBLIC STORAGE INC COMMON 74460D109 1402 55658 55658 0 55658
PUBLIC SVC CO N MEX COMMON 744499104 9176 502800 502800 0 502800
PUBLIC SVC ENTERPR COMMON 744573106 209 5400 5400 0 5400
PULITZER INC COMMON 745769109 2366 52067 52067 0 52067
PULTE CORP COMMON 745867101 5905 271500 271500 0 271500
QUALCOMM INC COMMON 747525103 4143 21900 21900 0 21900
QUANTUM CORP COMMON 747906204 287 20400 20400 0 20400
QUESTAR CORP COMMON 748356102 227 12500 12500 0 12500
</TABLE>
<PAGE> 21
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
QUIKSILVER INC COMMON 74838C106 1754 96100 96100 0 96100
RADIAN GROUP INC COMMON 750236101 6956 162000 162000 0 162000
RAYMOND JAMES FINL COMMON 754730109 667 33450 33450 0 33450
RAYTHEON COMPANY CLASS B 755111408 2978 60000 60000 0 60000
RCN CORP COMMON 749361101 873 21300 21300 0 21300
RECKSON ASSOCS RLTY COMMON 75621K106 273 13100 13100 0 13100
REDBACK NETWRKS INC COMMON 757209101 594 5500 5500 0 5500
REINSURANCE GRP COMMON 759351109 3641 141750 141750 0 141750
RELIANCE STEEL& ALUM COMMON 759509102 331 15750 15750 0 15750
RENAL CARE GRP INC COMMON 759930100 3314 151300 151300 0 151300
REPSOL S A SP ADR 76026T205 1148 57600 57600 0 57600
REPUBLIC BANCORP COMMON 760282103 4802 415300 415300 0 415300
RESMED INC COMMON 761152107 2652 86600 86600 0 86600
REYNOLDS & REYNOLDS CLASS A 761695105 1165 57200 57200 0 57200
RF MICRODEVICES INC COMMON 749941100 339 7400 7400 0 7400
RIGGS NATL CP WASH COMMON 766570105 1132 67100 67100 0 67100
RIO TINTO LTD SP ADR 767202104 505 7450 7450 0 7450
RITE AID CORP COMMON 767754104 2072 150000 150000 0 150000
ROADWAY EXPRESS INC COMMON 769742107 295 14600 14600 0 14600
ROCK-TENN CO CLASS A 772739207 963 66700 66700 0 66700
ROSS STORES INC COMMON 778296103 3039 151000 151000 0 151000
ROYAL DUTCH PETROL NY SHRS 780257804 3981 67400 67400 0 67400
RPM INC OHIO COMMON 749685103 439 36000 36000 0 36000
RUBY TUESDAY INC COMMON 781182100 2110 108200 108200 0 108200
RUSSELL CORP COMMON 782352108 153 10800 10800 0 10800
RWE AG SP ADR 74975E303 458 10850 10850 0 10850
RYERSON TULL INC NEW COMMON 78375P107 1036 44800 44800 0 44800
RYLAND GROUP INC COMMON 783764103 1347 59200 59200 0 59200
SAFEWAY INC COMMON 786514208 925 24300 24300 0 24300
SAGA SYSTEMS INC COMMON 786610105 228 15800 15800 0 15800
SANTA FE INTL CORP ORDINARY G7805C108 1979 91800 91800 0 91800
SAP AKTIENGESELLSCHF SP ADR 803054204 493 13050 13050 0 13050
SAPIENT CORP COMMON 803062108 8219 87200 87200 0 87200
SARA LEE CORP COMMON 803111103 4042 172900 172900 0 172900
SAWTEK INC COMMON 805468105 1078 30800 30800 0 30800
SBC COMMUNICATIONS COMMON 78387G103 4539 88900 88900 0 88900
SCHERING PLOUGH CORP COMMON 806605101 2866 65700 65700 0 65700
SCHOLASTIC CORP COMMON 807066105 520 10400 10400 0 10400
</TABLE>
<PAGE> 22
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
SCHULMAN A INC COMMON 808194104 405 23400 23400 0 23400
SCHWAB CHARLES CORP COMMON 808513105 468 14000 14000 0 14000
SCI SYSTEMS INC COMMON 783890106 4097 92200 92200 0 92200
SCIENTIFIC ATLANTA COMMON 808655104 3058 61700 61700 0 61700
SCOTT TECHNOLOG INC COMMON 810022301 259 13100 13100 0 13100
SCOTTISH POWER PLC ADR 81013T705 661 18200 18200 0 18200
SDL INC COMMON 784076101 1633 21400 21400 0 21400
SEACOR SMIT INC COMMON 811904101 5438 106100 106100 0 106100
SEI INVESTMENTS CO COMMON 784117103 643 7200 7200 0 7200
SEITEL INC COMMON 816074306 2267 232500 232500 0 232500
SELECTIVE INS GROUP COMMON 816300107 774 41000 41000 0 41000
SHARED MED SYS CORP COMMON 819486101 360 7700 7700 0 7700
SHAW INDS INC COMMON 820286102 583 36700 36700 0 36700
SHELL TRANS&TRADING NY SHRS 822703609 942 20700 20700 0 20700
SHOPKO STORES INC COMMON 824911101 3947 136100 136100 0 136100
SHURGARD STORAGE COMMON 82567D104 7477 302100 302100 0 302100
SIEBEL SYS INC COMMON 826170102 906 13600 13600 0 13600
SIGCORP INC COMMON 826912107 408 16000 16000 0 16000
SILICON VY BANCSHARE COMMON 827064106 2630 109000 109000 0 109000
SIMON PPTY INC COMMON 828806109 819 36500 36500 0 36500
SKYWEST INC COMMON 830879102 1632 74400 74400 0 74400
SL GREEN RLTY CORP COMMON 78440X101 5709 278500 278500 0 278500
SMITH A O COMMON 831865209 207 6850 6850 0 6850
SMITH CHARLES E RES COMMON 832197107 1053 30800 30800 0 30800
SMITHFIELD FOODS INC COMMON 832248108 583 21800 21800 0 21800
SMITHKLINE BEECH PLC ADR 832378301 303 5250 5250 0 5250
SOCIETE GENERALE FR SP ADR 83364L109 1335 32400 32400 0 32400
SOLECTRON CORP COMMON 834182107 603 8400 8400 0 8400
SOLUTIA INC COMMON 834376105 1301 72800 72800 0 72800
SONIC CORP COMMON 835451105 1604 52700 52700 0 52700
SONY CORP ADR 835699307 728 4850 4850 0 4850
SOUTHWEST AIRLS CO COMMON 844741108 158 10425 10425 0 10425
SOUTHWEST BANCORP COMMON 84476R109 3390 194400 194400 0 194400
SOUTHWEST SECS GRP COMMON 845224104 2815 104270 104270 0 104270
SPARTECH CORP COMMON 847220209 2363 80600 80600 0 80600
SPIEKER PPTYS COMMON 848497103 295 8500 8500 0 8500
SPRINGS INDS INC CLASS A 851783100 5325 156900 156900 0 156900
SPRINT CORP(FON GRP) COMMON 852061100 499 9200 9200 0 9200
</TABLE>
<PAGE> 23
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
SPX CORP COMMON 784635104 726 8000 8000 0 8000
ST JUDE MED INC COMMON 790849103 611 19400 19400 0 19400
STANDARD PAC CORP COMMON 85375C101 3526 344000 344000 0 344000
STATE STREET CORP COMMON 857477103 6139 95000 95000 0 95000
STATEN ISL BANCORP COMMON 857550107 1189 63200 63200 0 63200
STATION CASINOS INC COMMON 857689103 2930 126000 126000 0 126000
STERLING SOFTWARE COMMON 859547101 1890 94500 94500 0 94500
STEWART ENTERPRISES CLASS A 860370105 1112 183500 183500 0 183500
STILLWATER MNG CO COMMON 86074Q102 10347 385000 385000 0 385000
STONE ENERGY CORP COMMON 861642106 4687 91900 91900 0 91900
STORAGE TECHNOLOGY COMMON 862111200 541 28000 28000 0 28000
STRUCTURAL DYNAM RES COMMON 863555108 443 29500 29500 0 29500
SUN COMMUNITIES COMMON 866674104 268 8100 8100 0 8100
SUN MICROSYSTEM INC COMMON 866810104 288 3100 3100 0 3100
SUNGLASS HUT INTL COMMON 86736F106 116 11000 11000 0 11000
SUNOCO INC COMMON 86764P109 1530 55900 55900 0 55900
SUNSTONE HOTEL INVS COMMON 867933103 462 52800 52800 0 52800
SUNTRUST BANKS INC COMMON 867914103 5129 78000 78000 0 78000
SUPERIOR TELECOM INC COMMON 868365107 2246 161175 161175 0 161175
SWIFT ENERGY CO COMMON 870738101 1355 107300 107300 0 107300
SWIFT TRANSPORT CO COMMON 870756103 587 29800 29800 0 29800
SYBASE INC COMMON 871130100 456 38600 38600 0 38600
SYLVAN LEARNING SYS COMMON 871399101 725 37400 37400 0 37400
SYMANTEC CORP COMMON 871503108 1802 50100 50100 0 50100
SYMBOL TECHNOLOGIES COMMON 871508107 1049 31200 31200 0 31200
SYNOPSYS INC COMMON 871607107 2027 36100 36100 0 36100
SYNTEL INC COMMON 87162H103 468 52700 52700 0 52700
TALBOTS INC COMMON 874161102 2114 47300 47300 0 47300
TANDY CORP COMMON 875382103 1773 34300 34300 0 34300
TCF FINANCIAL CORP COMMON 872275102 3485 122000 122000 0 122000
TECH DATA CORP COMMON 878237106 1236 53100 53100 0 53100
TECHNITROL INC COMMON 878555101 3070 87100 87100 0 87100
TECO ENERGY INC COMMON 872375100 4859 230000 230000 0 230000
TECUMSEH PRODS CO CLASS A 878895200 8301 165600 165600 0 165600
TEKTRONIX INC COMMON 879131100 747 22300 22300 0 22300
TELECOM ITALIA S P A SP ADR 87927W106 901 10450 10450 0 10450
TELEFONOS DE MEXICO SP ADR 879403780 508 7125 7125 0 7125
TELEPHONE & DATA SYS COMMON 879433100 1767 19900 19900 0 19900
</TABLE>
<PAGE> 24
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
TEMPLE INLAND INC COMMON 879868107 3135 51400 51400 0 51400
TERADYNE INC COMMON 880770102 814 23100 23100 0 23100
TEREX CORP COMMON 880779103 7069 224400 224400 0 224400
TESORO PETE CORP COMMON 881609101 6823 413500 413500 0 413500
TEXACO INC COMMON 881694103 6464 102400 102400 0 102400
TEXAS INDS INC COMMON 882491103 5724 154700 154700 0 154700
TEXAS INSTRS INC COMMON 882508104 15257 185500 185500 0 185500
TEXTRON INC COMMON 883203101 232 3000 3000 0 3000
THE LIMITED INC COMMON 532716107 2776 72563 72563 0 72563
THE MCCLATCHY CO CLASS A 579489105 7368 206100 206100 0 206100
THERAGENICS CORP COMMON 883375107 2389 187400 187400 0 187400
THQ INC COMMON 872443403 1139 26400 26400 0 26400
TIDEWATER INC COMMON 886423102 2560 100400 100400 0 100400
TIFFANY & CO COMMON 886547108 833 13900 13900 0 13900
TIMES MIRROR COMPANY COMMON 887364107 3073 46700 46700 0 46700
TJ INTL INC COMMON 872534102 1530 60900 60900 0 60900
TOO INC COMMON 890333107 186 10366 10366 0 10366
TORCHMARK CORP COMMON 891027104 4373 169000 169000 0 169000
TOSCO CORP COMMON 891490302 1856 73500 73500 0 73500
TOWER AUTOMOTIVE INC COMMON 891707101 1151 58100 58100 0 58100
TOYS R US INC COMMON 892335100 794 52900 52900 0 52900
TRANSOCEAN OFFSHORE ORDINARY G90076103 1798 58700 58700 0 58700
TRANSPORTATION TECH COMMON 89388T101 241 13900 13900 0 13900
TRANSWITCH CORP COMMON 894065101 8918 156450 156450 0 156450
TREDEGAR CORP COMMON 894650100 2400 112300 112300 0 112300
TRIAD GTY INC COMMON 895925105 1210 71700 71700 0 71700
TRIBUNE CO COMMON 896047107 672 13500 13500 0 13500
TRIGON HEALTHCARE COMMON 89618L100 2937 100400 100400 0 100400
TRINITY INDS INC COMMON 896522109 1349 43700 43700 0 43700
TRIQUINT SEMICONDTR COMMON 89674K103 8404 146950 146950 0 146950
TRUE NORTH COMMUNCTN COMMON 897844106 5220 143500 143500 0 143500
TRUSTMARK CORP COMMON 898402102 1886 83800 83800 0 83800
TUPPERWARE CORP COMMON 899896104 1711 84500 84500 0 84500
TV GUIDE INC CLASS A 87307Q109 270 6900 6900 0 6900
TYCO INTL LTD COMMON 902124106 9829 95200 95200 0 95200
TYSON FOODS INC CLASS A 902494103 2254 137100 137100 0 137100
U S CAN CORP COMMON 90328W105 427 20900 20900 0 20900
U S G CORP COMMON 903293405 2196 46100 46100 0 46100
</TABLE>
<PAGE> 25
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
U S TR CORP COMMON 91288L105 281 3500 3500 0 3500
UAL CORP COMMON 902549500 3494 53500 53500 0 53500
UICI COMMON 902737105 1270 49700 49700 0 49700
ULTRAMAR DIAMOND SHM COMMON 904000106 4116 161400 161400 0 161400
UNILEVER N.V NY SHRS 904784709 967 14195 14195 0 14195
UNIONBANCAL CORP COMMON 908906100 1077 29700 29700 0 29700
UNISOURCE ENERGY COMMON 909205106 1012 85700 85700 0 85700
UNITED AUTO GROUP COMMON 909440109 237 18700 18700 0 18700
UNITED STATES CELLUL COMMON 911684108 4651 68400 68400 0 68400
UNITED STATIONERS COMMON 913004107 3212 150700 150700 0 150700
UNITED TECHNOLOGIES COMMON 913017109 3879 65400 65400 0 65400
UNITEDGLOBALCOM CLASS A 913247508 1225 17100 17100 0 17100
UNIVERSAL CORP COMMON 913456109 7657 293100 293100 0 293100
UNIVERSAL FST PRODS COMMON 913543104 456 34900 34900 0 34900
UNIVISION COMMUN INC CLASS A 914906102 350 4300 4300 0 4300
US HOME CORP COMMON 911920106 1263 45400 45400 0 45400
US LEC CORP CLASS A 90331S109 1642 66700 66700 0 66700
US ONCOLOGY INC COMMON 90338W103 864 95300 95300 0 95300
USFREIGHTWAYS CORP COMMON 916906100 379 8000 8000 0 8000
USX MARATHON GROUP COMMON 902905827 5221 178500 178500 0 178500
USX-US STEEL GROUP COMMON 90337T101 945 36700 36700 0 36700
VALASSIS COMMUNICTNS COMMON 918866104 5809 132200 132200 0 132200
VALERO ENERGY CORP COMMON 91913Y100 4239 220200 220200 0 220200
VARCO INTL INC COMMON 922126107 173 14200 14200 0 14200
VARIAN MED SYS INC COMMON 92220P105 232 10600 10600 0 10600
VERISIGN INC COMMON 92343E102 1587 14900 14900 0 14900
VERITAS DGC INC COMMON 92343P107 660 34300 34300 0 34300
VERITAS SOFTWARE COMMON 923436109 1815 23900 23900 0 23900
VERITY INC COMMON 92343C106 1906 27700 27700 0 27700
VIACOM INC CLASS B 925524308 1293 30600 30600 0 30600
VIAD CORP COMMON 92552R109 4850 164400 164400 0 164400
VIGNETTE CORP COMMON 926734104 643 7100 7100 0 7100
VISHAY INTERTECH COMMON 928298108 2161 90975 90975 0 90975
VISX INC DEL COMMON 92844S105 8162 103200 103200 0 103200
VITESSE SEMICONDCTOR COMMON 928497106 2766 32400 32400 0 32400
VORNADO RLTY TR SH BEN 929042109 1362 41900 41900 0 41900
VULCAN MATLS CO COMMON 929160109 267 7300 7300 0 7300
WADDELL & REED FINL CLASS A 930059100 805 36300 36300 0 36300
</TABLE>
<PAGE> 26
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
WAL MART STORES INC COMMON 931142103 5474 115100 115100 0 115100
WALDEN RES PPTYS INC COMMON 931210108 761 34900 34900 0 34900
WARNER LAMBERT CO COMMON 934488107 1142 17200 17200 0 17200
WASHINGTON FED INC COMMON 938824109 4007 172800 172800 0 172800
WASTE CONNECTIONS I COMMON 941053100 3021 146900 146900 0 146900
WATERS CORP COMMON 941848103 1550 25600 25600 0 25600
WATSCO INC COMMON 942622200 1949 171300 171300 0 171300
WATTS INDUSTRIES INC CLASS A 942749102 5881 270400 270400 0 270400
WEBSTER FINANCIAL CO COMMON 947890109 4009 157200 157200 0 157200
WENDYS INTL INC COMMON 950590109 1264 47700 47700 0 47700
WERNER ENTERPRISES COMMON 950755108 3143 178299 178299 0 178299
WESTERN RES INC COMMON 959425109 1622 75900 75900 0 75900
WESTERN WIRELESS COR CLASS A 95988E204 3354 74800 74800 0 74800
WESTPOINT STEVENS COMMON 961238102 1096 46400 46400 0 46400
WESTWOOD ONE INC COMMON 961815107 2256 50000 50000 0 50000
WFS FINL INC COMMON 92923B106 1822 88900 88900 0 88900
WHIRLPOOL CORP COMMON 963320106 3292 50400 50400 0 50400
WHITEHALL JEWELLERS COMMON 965063100 2176 75700 75700 0 75700
WHITTMAN-HART INC COMMON 966834103 2307 59500 59500 0 59500
WICOR INC COMMON 929253102 247 8500 8500 0 8500
WILEY JOHN & SONS CLASS A 968223206 184 11700 11700 0 11700
WILLAMETTE INDS INC COMMON 969133107 643 14900 14900 0 14900
WINSTAR COMMUNCTN COMMON 975515107 441 11300 11300 0 11300
WISCONSIN ENERGY COMMON 976657106 820 35000 35000 0 35000
WORTHINGTON INDS INC COMMON 981811102 580 34100 34100 0 34100
WSFS FINL CORP COMMON 929328102 735 52000 52000 0 52000
XEROX CORP COMMON 984121103 5934 141500 141500 0 141500
XILINX INC COMMON 983919101 1448 22100 22100 0 22100
XIRCOM INC COMMON 983922105 5605 131300 131300 0 131300
XOMED SURGICAL PRODS COMMON 98412V107 353 6200 6200 0 6200
YORK INTL CORP COMMON 986670107 241 6700 6700 0 6700
ZALE CORP COMMON 988858106 9724 253800 253800 0 253800
ZURICH ALLIED AG SP ADR 98981P101 524 4700 4700 0 4700
REPORT TOTALS 2341032 78740063 78740063 78740063
</TABLE>
