NORTHWESTERN MUTUAL LIFE INSURANCE CO
13F-HR, 2000-05-15
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                  UNITED STATES
              SECURITIES AND EXCHANGE COMMISSION
                    Washington, D.C.  20549

                          FORM 13F

                    FORM 13F COVER PAGE

Report for the Calendar Year or Quarter Ended: 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:    The Northwestern Mutual Life Insurance Company
Address: 720 E. Wisconsin Ave.
         Milwaukee, WI  53202

13F File Number:  28-229

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:     Don Forecki
Title:    Assistant Treasurer
Phone:    414-299-5288
Signature, Place, and Date of Signing:

/S/ Don Forecki     Milwaukee, Wisconsin     May 15, 2000


Report Type (Check only one.):
[  ]        13F HOLDINGS REPORT.
[  ]        13F NOTICE.
[ X]        13F COMBINATION REPORT.


List of Other Managers Reporting for this Manager:

FORM 13F
FILE NO.  NAME
- --------  -------------------------------------------
28-1096   Frank Russell Trust Company
28-1190   Frank Russell Company
28-2762   Frank Russell Investment Management Company
28-5099   Frank Russell Investments (Japan) Limited
28-5101   Frank Russell Investments (Cayman) Limited
28-5103   Frank Russell Canada Limited
28-5105   Frank Russell Investments (Ireland) Limited
28-6374   Northwestern Mutual Investment Services, LLC
28-6374   Robert W. Baird & Co. Incorporated
28-5701   Russell Investment Management Limited
First F   Frank Russell Company Limited


<PAGE>
                    FORM 13F SUMMARY PAGE


Report Summary:

Number of Other Included Managers:  1

Form 13F Information Table Entry Total:  1223

Form 13F Information Table Value Total (000's):  $7,351,598


List of Other Included Managers:

     FORM 13F
NO.  FILE NO.      NAME
- ---  --------      ------------------------------------------
 1   First Filing  Northwestern Investment Management Company

<PAGE>
<TABLE>
Form 13F Information Table
<CAPTION>

                                                          VALUE    SHARES/ SH/ PUT/ INVSTMT  OTHER        VOTING AUTHORITY
NAME OF ISSUER                 TITLE OF CLASS --CUSIP--  (x$1000)  PRN AMT PRN CALL DSCRETN MANAGERS --SOLE-- -SHARED- --NONE--
- ------------------------------ -------------- ---------  --------  ------- --- ---- ------- -------- -------- -------- --------
<S>                            <C>            <C>        <C>       <C>     <C> <C>  <C>     <C>      <C>      <C>      <C>
3COM CORPORATION               COM            885535104      1113    20000 SH       DEFINED 1           20000
3COM CORPORATION               COM            885535104       334     6000 SH       DEFINED 1            6000
3COM CORPORATION               COM            885535104        22      400 SH       DEFINED 1             400
3COM CORPORATION               COM            885535104      9734   175000 SH       DEFINED 1          175000
ABC-NACO INC                   COM            000752105      4131   472157 SH       DEFINED 1          472157
ABS-CBN BROADCASTING CORP-DR   COM            617753300       516   366000 SH       DEFINED 1          366000
ABS-CBN BROADCASTING CORP-DR   COM            617753300      2579  1830000 SH       DEFINED 1         1830000
ACCIONA                        COM            557910700       901    20000 SH       DEFINED 1           20000
ACCIONA                        COM            557910700      3605    80000 SH       DEFINED 1           80000
ACE LTD                        COM            G0070K103      6374   381939 SH       DEFINED 1          381939
ACME COMMUNICATIONS            COM            004631107      2150    94000 SH       DEFINED 1           94000
ACME COMMUNICATIONS            COM            004631107       110     4800 SH       DEFINED 1            4800
ACME COMMUNICATIONS            COM            004631107        32     1400 SH       DEFINED 1            1400
ACTION PERFORMANCE             CONVT          004933AB3       273   500000 PRN      DEFINED 1          500000
ACTION PERFORMANCE             CONVT          004933AB3      1596  2000000 PRN      DEFINED 1         2000000
ADELPHIA COMMUNICATIONS        COM            006848105      7056   144000 SH       DEFINED 1          144000
ADELPHIA COMMUNICATIONS        COM            006848105     23202   473500 SH       DEFINED 1          473500
ADELPHIA COMMUNICATIONS        CONVT          006848402      9813    55000 SH       DEFINED 1           55000
ADVANCED ENERGY INDUSTRIES     CONVT          007973AA8       618   500000 PRN      DEFINED 1          500000
ADVANCED ENERGY INDUSTRIES     CONVT          007973AA8      5397  5445000 PRN      DEFINED 1         5445000
ADVENT SOFTWARE, INC.          COM            007974108      2211    48200 SH       DEFINED 1           48200
ADVENT SOFTWARE, INC.          COM            007974108        37      800 SH       DEFINED 1             800
ADVENT SOFTWARE, INC.          COM            007974108      7822   170500 SH       DEFINED 1          170500
AFRICAN BANK INVESTMENTS LTD   COM            604077600       881   415000 SH       DEFINED 1          415000
AFRICAN BANK INVESTMENTS LTD   COM            604077600      3258  1535000 SH       DEFINED 1         1535000
AGILENT TECHNOLOGIES           COM            00846U101       239     2300 SH       DEFINED 1            2300
AGILENT TECHNOLOGIES           COM            00846U101        21      200 SH       DEFINED 1             200
AK SIGORTA                     COM            401207800       916 45000000 SH       DEFINED 1        45000000
AK SIGORTA                     COM            401207800      3543   1.74E8 SH       DEFINED 1          1.74E8
AKER RGI ASA                   CONVT          007863900      3353  3500000 PRN      DEFINED 1         3500000
ALCATEL ALSTHOM                COM            421682500      1643     7500 SH       DEFINED 1            7500
ALCATEL ALSTHOM                COM            421682500      7889    36000 SH       DEFINED 1           36000
ALCOA INC                      COM            013817101      4215    60000 SH       DEFINED 1           60000
ALCOA INC                      COM            013817101      1054    15000 SH       DEFINED 1           15000
ALTRAN TECHNOLOGIES            COM            402186900      1560     6400 SH       DEFINED 1            6400
ALTRAN TECHNOLOGIES            COM            402186900      7676    31500 SH       DEFINED 1           31500
AMADEUS GLOBAL TRAVEL DIST A   COM            578813000      1632   140000 SH       DEFINED 1          140000
AMADEUS GLOBAL TRAVEL DIST A   COM            578813000      7345   630000 SH       DEFINED 1          630000
AMAZON.COM INC                 COM            023135106        20      300 SH       DEFINED 1             300
AMAZON.COM INC                 COM            023135106      5762    86000 SH       DEFINED 1           86000
AMB PROPERTY CORP              COM            00163T109      1914    89000 SH       DEFINED 1           89000
AMB PROPERTY CORP              COM            00163T109      9595   446300 SH       DEFINED 1          446300
AMC ENTERTAINMENT INC          COM            001669100       175    34480 SH       DEFINED 1           34480
AMC ENTERTAINMENT INC          COM            001669100      3543   699944 SH       DEFINED 1          699944
AMDOCS  LTD                    COM            G02602103      6632    90000 SH       DEFINED 1           90000
AMDOCS  LTD                    COM            G02602103      1916    26000 SH       DEFINED 1           26000
AMDOCS  LTD                    COM            G02602103       133     1800 SH       DEFINED 1            1800
AMDOCS  LTD                    COM            G02602103     18422   250000 SH       DEFINED 1          250000
AMERICA ONLINE INC             COM            02364J104      4371    65000 SH       DEFINED 1           65000
AMERICA ONLINE INC             COM            02364J104       807    12000 SH       DEFINED 1           12000
AMERICA ONLINE INC             COM            02364J104        47      700 SH       DEFINED 1             700
AMERICA ONLINE INC             COM            02364J104     23188   344800 SH       DEFINED 1          344800
AMERICAN BANKNOTE CORPORATION  COM            024490104        70   820000 SH       DEFINED 1          820000
AMERICAN INTERNATIONAL GROUP,I COM            026874107      8213    75000 SH       DEFINED 1           75000
AMERICAN INTERNATIONAL GROUP,I COM            026874107      1437    13125 SH       DEFINED 1           13125
AMERICAN INTERNATIONAL GROUP,I COM            026874107        22      200 SH       DEFINED 1             200
AMERICAN INTERNATIONAL GROUP,I COM            026874107      3384    30900 SH       DEFINED 1           30900
AMERICAN ITALIAN PASTA COMPANY COM            027070101       108     4400 SH       DEFINED 1            4400
AMERICAN TOWER CORP            COM            029912201       232     4700 SH       DEFINED 1            4700
AMGEN INC                      COM            031162100      1534    25000 SH       DEFINED 1           25000
AMGEN INC                      COM            031162100       325     5300 SH       DEFINED 1            5300
ANADARKO PETROLEUM CORP        COM            032511107      1961    50700 SH       DEFINED 1           50700
ANADARKO PETROLEUM CORP        CONVT          032511AP2       500  1000000 PRN      DEFINED 1         1000000
ANADARKO PETROLEUM CORP        COM            032511107        31      800 SH       DEFINED 1             800
ANADARKO PETROLEUM CORP        COM            032511107      8534   220600 SH       DEFINED 1          220600
ANADARKO PETROLEUM CORP        CONVT          032511AP2      2504  5000000 PRN      DEFINED 1         5000000
ANHEUSER-BUSCH COS INC         COM            035229103      4314    69300 SH       DEFINED 1           69300
ANHEUSER-BUSCH COS INC         COM            035229103       697    11200 SH       DEFINED 1           11200
ANHEUSER-BUSCH COS INC         COM            035229103        25      400 SH       DEFINED 1             400
ANHEUSER-BUSCH COS INC         COM            035229103     13209   212200 SH       DEFINED 1          212200
ANICOM INC                     COM            035250109      8861  1461540 SH       DEFINED 1         1461540
APACHE CORPORATION             CONVT          037411600       450    10000 SH       DEFINED 1           10000
APARTMENT INVESTMENT AND MANAG COM            03748R101      2494    65316 SH       DEFINED 1           65316
APARTMENT INVESTMENT AND MANAG COM            03748R101     12478   326764 SH       DEFINED 1          326764
APARTMENT INVESTMENT AND MANAG CONVT          449516301      3000    80000 SH       DEFINED 1           80000
APARTMENT INVT & MGMT CO       CONVT          03748R705      7500   300000 SH       DEFINED 1          300000
APPLIED MATERIALS INC          COM            038222105      4477    47506 SH       DEFINED 1           47506
APPLIED MATERIALS INC          COM            038222105        73      778 SH       DEFINED 1             778
APPLIED MATERIALS INC          COM            038222105        86      908 SH       DEFINED 1             908
APPLIED MATERIALS INC          COM            038222105     16148   171336 SH       DEFINED 1          171336
ARACRUZ                        COM            038496204       805    38000 SH       DEFINED 1           38000
ARACRUZ                        COM            038496204      4132   195000 SH       DEFINED 1          195000
ARADIGM CORP                   COM            038505103      5533   265030 SH       DEFINED 1          265030
ARCH COMMUNICATION GROUP-WTS   CONVT          039381116         0   115084 SH       DEFINED 1          115084
ARCH COMMUNICATION GROUP-WTS   COM            039381504      3681   474933 SH       DEFINED 1          474933
ARCH COMMUNICATION GROUP-WTS   COM            039381603      1740   125429 SH       DEFINED 1          125429
ARCH COMMUNICATION GROUP-WTS   CONVT          039381116       534   474861 SH       DEFINED 1          474861
ARCH COMMUNICATION GROUP-WTS   COM            039381504     15168  1957196 SH       DEFINED 1         1957196
ARCH COMMUNICATION GROUP-WTS   COM            039381603      7170   516724 SH       DEFINED 1          516724
ARCHSTONE COMMUNITIES TRUST    COM            039581103      1956    98125 SH       DEFINED 1           98125
ARCHSTONE COMMUNITIES TRUST    COM            039581103      5352   268456 SH       DEFINED 1          268456
ARDEN REALTY, INC.             COM            039793104      2046    98000 SH       DEFINED 1           98000
ARDEN REALTY, INC.             COM            039793104      5613   268900 SH       DEFINED 1          268900
ARISTOCRAT LEISURE LIMITED     COM            605156300       794    85000 SH       DEFINED 1           85000
ARISTOCRAT LEISURE LIMITED     COM            605156300      3969   425000 SH       DEFINED 1          425000
ARNOLDO MONDADORI EDITORE      COM            404904300      1396    55000 SH       DEFINED 1           55000
ARNOLDO MONDADORI EDITORE      COM            404904300      6980   275000 SH       DEFINED 1          275000
ASM LITHOGRAPHY HOLDING        COM            546078400      1896    17000 SH       DEFINED 1           17000
ASM LITHOGRAPHY HOLDING        COM            546078400      8922    80000 SH       DEFINED 1           80000
ASPECT MEDICAL SYSTEMS INC     COM            045235108        25      700 SH       DEFINED 1             700
ASPECT MEDICAL SYSTEMS INC     COM            045235108        11      300 SH       DEFINED 1             300
ASPEN TECHNOLOGY INC           COM            045327103      1571    38900 SH       DEFINED 1           38900
ASPEN TECHNOLOGY INC           COM            045327103        24      600 SH       DEFINED 1             600
ASPEN TECHNOLOGY INC           COM            045327103      6589   163200 SH       DEFINED 1          163200
AT&T CORPORATION               COM            001957109      7313   130000 SH       DEFINED 1          130000
AT&T CORPORATION               COM            001957109      1252    22252 SH       DEFINED 1           22252
AT&T CORPORATION               COM            001957109        90     1600 SH       DEFINED 1            1600
AT&T CORPORATION               COM            001957109     38632   686798 SH       DEFINED 1          686798
ATMEL CORP                     COM            049513104      1807    35000 SH       DEFINED 1           35000
ATMEL CORP                     COM            049513104       232     4500 SH       DEFINED 1            4500
ATMEL CORP                     COM            049513104        57     1100 SH       DEFINED 1            1100
ATMEL CORP                     COM            049513104     27774   538000 SH       DEFINED 1          538000
AUTONOMY                       COM            550079800     28050   165000 SH       DEFINED 1          165000
AUTONOMY                       COM            550079800    138210   813000 SH       DEFINED 1          813000
AUTOSTRADE SPA                 COM            555465400       808   111000 SH       DEFINED 1          111000
AUTOSTRADE SPA                 COM            555465400      3560   489000 SH       DEFINED 1          489000
AVALONBAY COMMUNITIES INC      COM            053484101      3522    96166 SH       DEFINED 1           96166
AVALONBAY COMMUNITIES INC      COM            053484101     22643   618249 SH       DEFINED 1          618249
AVANEX CORP                    COM            05348W109        61      400 SH       DEFINED 1             400
AVANEX CORP                    COM            05348W109        61      400 SH       DEFINED 1             400
AVENTIS                        COM            473681700       656    12000 SH       DEFINED 1           12000
AVENTIS                        COM            473681700      2842    52000 SH       DEFINED 1           52000
AVENUE A INC                   COM            053566105        18      600 SH       DEFINED 1             600
AVENUE A INC                   COM            053566105         6      200 SH       DEFINED 1             200
AVERY DENNISON CORP.           COM            053611109        49      800 SH       DEFINED 1             800
AVERY DENNISON CORP.           COM            053611109     30128   493400 SH       DEFINED 1          493400
AXA-UAP                        COM            402692700      1698    12000 SH       DEFINED 1           12000
AXA-UAP                        COM            402692700      8492    60000 SH       DEFINED 1           60000
BAKER HUGHES INC.              COM            057224107       605    20000 SH       DEFINED 1           20000
BALTIMORE TECHNOLOGIES PLC     COM            098964800      2973    23600 SH       DEFINED 1           23600
BALTIMORE TECHNOLOGIES PLC     COM            098964800     14855   117900 SH       DEFINED 1          117900
BANCO ITAU                     COM            245958100      1339 15000000 SH       DEFINED 1        15000000
BANCO ITAU                     COM            245958100      5357 60000000 SH       DEFINED 1        60000000
BANESANDNOBLE.COM INC.         COM            067846105         7      700 SH       DEFINED 1             700
BANK AUSTRIA                   COM            499962100       973    20000 SH       DEFINED 1           20000
BANK AUSTRIA                   COM            499962100      3162    65000 SH       DEFINED 1           65000
BANK NATIONAL PARIS            COM            413366700      1577    20000 SH       DEFINED 1           20000
BANK NATIONAL PARIS            COM            413366700      7884   100000 SH       DEFINED 1          100000
BANK OF AMERICA CORP           COM            060505104         0        1 SH       DEFINED 1               1
BANK OF NEW YORK COMPANY INC.  COM            064057102      6858   165000 SH       DEFINED 1          165000
BANK OF NEW YORK COMPANY INC.  COM            064057102      1272    30600 SH       DEFINED 1           30600
BANK OF NEW YORK COMPANY INC.  COM            064057102        83     2000 SH       DEFINED 1            2000
BANK OF NEW YORK COMPANY INC.  COM            064057102     25632   616700 SH       DEFINED 1          616700
BANK OF SCOTLAND               COM            007645400      3138   277436 SH       DEFINED 1          277436
BANK SARASIN                   COM            414954500      1520      550 SH       DEFINED 1             550
BANK SARASIN                   COM            414954500      6910     2500 SH       DEFINED 1            2500
BANKATLANTIC BANCORP INC       CONVT          065908AB1      2500  2500000 PRN      DEFINED 1         2500000
BARCLAYS PLC                   COM            007820100       927    35000 SH       DEFINED 1           35000
BARCLAYS PLC                   COM            007820100      3839   145000 SH       DEFINED 1          145000
BASF                           COM            508657700      1090    23000 SH       DEFINED 1           23000
BASF                           COM            508657700      4977   105000 SH       DEFINED 1          105000
BELCO OIL & GAS CORP           CONVT          077410207      4212   297500 SH       DEFINED 1          297500
BELL IND INC                   COM            078107109       249    78014 SH       DEFINED 1           78014
BERJAYA SPORTS TOTO            COM            633156600       990   425000 SH       DEFINED 1          425000
BERJAYA SPORTS TOTO            COM            633156600      4250  1825000 SH       DEFINED 1         1825000
BERKLEY PETROLEUM              COM            208797100       767   123500 SH       DEFINED 1          123500
BERKLEY PETROLEUM              COM            208797100      3332   536500 SH       DEFINED 1          536500
BEST BUY CO INC                COM            086516101      1230    14300 SH       DEFINED 1           14300
BF GOODRICH COMPANY            CONVT          196878409       678    20000 SH       DEFINED 1           20000
BF GOODRICH COMPANY            CONVT          196878409     10301   232500 SH       DEFINED 1          232500
BIOVAIL CORP                   COM            09067J109      2176    49100 SH       DEFINED 1           49100
BIOVAIL CORP                   COM            09067J109       120     2700 SH       DEFINED 1            2700
BIOVAIL CORP                   COM            09067J109        40      900 SH       DEFINED 1             900
BIOVAIL CORP                   COM            09067J109      8942   201800 SH       DEFINED 1          201800
BJ SERVICES COMPANY            COM            055482103      6841    92600 SH       DEFINED 1           92600
BJ SERVICES COMPANY            COM            055482103       155     2100 SH       DEFINED 1            2100
BJ SERVICES COMPANY            COM            055482103       111     1500 SH       DEFINED 1            1500
BJ SERVICES COMPANY            COM            055482103     33558   454260 SH       DEFINED 1          454260
BODYCOTE INTERNATIONAL         COM            068956200       603   174150 SH       DEFINED 1          174150
BODYCOTE INTERNATIONAL         COM            068956200      1858   536600 SH       DEFINED 1          536600
BOSTON PROPERTIES              COM            101121101      2761    86800 SH       DEFINED 1           86800
BOSTON PROPERTIES              COM            101121101      7880   247700 SH       DEFINED 1          247700
BOUYGES OFFSHORE               COM            102112109      1178    50000 SH       DEFINED 1           50000
BOUYGES OFFSHORE               COM            102112109      3534   150000 SH       DEFINED 1          150000
BP AMOCO PLC                   COM            055622104      4670    88000 SH       DEFINED 1           88000
BP AMOCO PLC                   COM            055622104       817    15400 SH       DEFINED 1           15400
BP AMOCO PLC                   COM            055622104        42      800 SH       DEFINED 1             800
BP AMOCO PLC                   COM            055622104     19623   369800 SH       DEFINED 1          369800
BRADLEY REAL ESTATE INC.       COM            104580105       896    52500 SH       DEFINED 1           52500
BRADLEY REAL ESTATE INC.       COM            104580105      5448   319300 SH       DEFINED 1          319300
BRE PROPERTIES INC             COM            05564E106      1162    45000 SH       DEFINED 1           45000
BRE PROPERTIES INC             COM            05564E106      3356   130000 SH       DEFINED 1          130000
BRIDGESTONE                    COM            613210100      1102    50000 SH       DEFINED 1           50000
BRIDGESTONE                    COM            613210100      3969   180000 SH       DEFINED 1          180000
BRISTOL-MYERS SQUIBB COMPANY   COM            110122108      4043    70000 SH       DEFINED 1           70000
BRISTOL-MYERS SQUIBB COMPANY   COM            110122108       560     9700 SH       DEFINED 1            9700
BRISTOL-MYERS SQUIBB COMPANY   COM            110122108        46      800 SH       DEFINED 1             800
BRISTOL-MYERS SQUIBB COMPANY   COM            110122108     19872   344100 SH       DEFINED 1          344100
BRITISH ENERGY                 COM            073829300       416   134375 SH       DEFINED 1          134375
BRITISH ENERGY                 COM            073829300      1663   537500 SH       DEFINED 1          537500
BROOKDALE LIVING               COM            112462106       166    15000 SH       DEFINED 1           15000
BROOKDALE LIVING               COM            112462106      1742   157500 SH       DEFINED 1          157500
BT INDUSTRIES                  COM            420747600      2618   110000 SH       DEFINED 1          110000
BUDGET GROUP CAPITAL           CONVT          119001303       465    15000 SH       DEFINED 1           15000
BUDGET GROUP CAPITAL           CONVT          119001303      9920   320000 SH       DEFINED 1          320000
BUDGET GROUP CAPITAL           CONVT          119003AB7      7500  7500000 PRN      DEFINED 1         7500000
BUHRMANN                       COM            551675100      1621    64000 SH       DEFINED 1           64000
BUHRMANN                       COM            551675100      8104   320000 SH       DEFINED 1          320000
C-CUBE MICROSYSTEMS INC        COM            125015107      1593    22500 SH       DEFINED 1           22500
C-CUBE MICROSYSTEMS INC        COM            125015107        28      400 SH       DEFINED 1             400
C-CUBE MICROSYSTEMS INC        COM            125015107      6444    91000 SH       DEFINED 1           91000
C.H. ROBINSON WORLDWIDE, INC   COM            12541W100      1270    34100 SH       DEFINED 1           34100
C.H. ROBINSON WORLDWIDE, INC   COM            12541W100        22      600 SH       DEFINED 1             600
C.H. ROBINSON WORLDWIDE, INC   COM            12541W100      5278   141700 SH       DEFINED 1          141700
CABLE & WIRELESS PLC           COM            016255700      2179   116120 SH       DEFINED 1          116120
CABLE & WIRELESS PLC           COM            016255700      9617   512449 SH       DEFINED 1          512449
CAMBREX CORPORATION            COM            132011107       113     2600 SH       DEFINED 1            2600
CAMDEN PPTY TR                 CONVT          133131201      6000   240000 SH       DEFINED 1          240000
CANADIAN NATIONAL RAILWAY CO.  CONVT          136375409       425    10000 SH       DEFINED 1           10000
CAPITAL AUTOMOTIVE REIT        COM            139733109       178    14800 SH       DEFINED 1           14800
CAPITAL AUTOMOTIVE REIT        COM            139733109      1382   115200 SH       DEFINED 1          115200
CARRAMERICA REALTY CORP        COM            144418100      5028   238000 SH       DEFINED 1          238000
CATALINA MARKETING CORPORATION COM            148867104      4971    49100 SH       DEFINED 1           49100
CATALINA MARKETING CORPORATION COM            148867104       172     1700 SH       DEFINED 1            1700
CATALINA MARKETING CORPORATION COM            148867104        66      650 SH       DEFINED 1             650
CATALINA MARKETING CORPORATION COM            148867104     16251   160500 SH       DEFINED 1          160500
CATELLUS DEVELOPMENT CORP      COM            149111106       845    60900 SH       DEFINED 1           60900
CATELLUS DEVELOPMENT CORP      COM            149111106      5606   404000 SH       DEFINED 1          404000
CDW COMPUTERS                  COM            125129106      2888    34200 SH       DEFINED 1           34200
CDW COMPUTERS                  COM            125129106        84     1000 SH       DEFINED 1            1000
CDW COMPUTERS                  COM            125129106        42      500 SH       DEFINED 1             500
CDW COMPUTERS                  COM            125129106     11619   137600 SH       DEFINED 1          137600
CELLSTAR CORP                  CONVT          150925AC9       367   500000 PRN      DEFINED 1          500000
CELLSTAR CORP                  CONVT          150925AC9      9099 13375000 PRN      DEFINED 1        13375000
CEMEX  CPO                     COM            240645700      1051   230000 SH       DEFINED 1          230000
CEMEX  CPO                     COM            240645700      3017   660000 SH       DEFINED 1          660000
CENDANT CORP -RTS              COM            DELETEMEY         0   124500 SH       DEFINED 1          124500
CENDANT CORPORATION            CONVT          126545AD4       699   750000 PRN      DEFINED 1          750000
CENDANT CORPORATION            CONVT          151313301       287    10000 SH       DEFINED 1           10000
CENDANT CORPORATION            CONVT          151313400       245    10000 SH       DEFINED 1           10000
CENDANT CORPORATION            CONVT          126545AD4     17684 20000000 PRN      DEFINED 1        20000000
CENDANT CORPORATION            CONVT          151313301     10919   441100 SH       DEFINED 1          441100
CENTRICA PLC                   COM            057343800       534   140000 SH       DEFINED 1          140000
CENTRICA PLC                   COM            057343800      2671   700000 SH       DEFINED 1          700000
CHARLES RIVER ASSOCIATES INC.  COM            159852102      1586    81600 SH       DEFINED 1           81600
CHARLES RIVER ASSOCIATES INC.  COM            159852102        25     1300 SH       DEFINED 1            1300
CHARLES RIVER ASSOCIATES INC.  COM            159852102      6634   341300 SH       DEFINED 1          341300
CHASE MANHATTAN CORPORATION    COM            16161A108      5667    65000 SH       DEFINED 1           65000
CHASE MANHATTAN CORPORATION    COM            16161A108      1003    11500 SH       DEFINED 1           11500
CHASE MANHATTAN CORPORATION    COM            16161A108        61      700 SH       DEFINED 1             700
CHASE MANHATTAN CORPORATION    COM            16161A108     33630   385720 SH       DEFINED 1          385720
CHEUNG KONG HOLDINGS LTD       COM            619027300      1646   110000 SH       DEFINED 1          110000
CHEUNG KONG HOLDINGS LTD       COM            619027300      4488   300000 SH       DEFINED 1          300000
CHEVRON CORP                   COM            166751107      4622    50000 SH       DEFINED 1           50000
CHEVRON CORP                   COM            166751107        46      500 SH       DEFINED 1             500
CHEVRON CORP                   COM            166751107      9872   106800 SH       DEFINED 1          106800
CHINA TELELCOM                 COM            607355600      1841   210000 SH       DEFINED 1          210000
CHINA TELELCOM                 COM            607355600      9203  1050000 SH       DEFINED 1         1050000
CHUGAI PHARMACEUTICAL          COM            619640800      1778    95000 SH       DEFINED 1           95000
CHUGAI PHARMACEUTICAL          COM            619640800      5616   300000 SH       DEFINED 1          300000
CINTAS CORPORATION             COM            172908105      1564    39900 SH       DEFINED 1           39900
CINTAS CORPORATION             COM            172908105        63     1600 SH       DEFINED 1            1600
CINTAS CORPORATION             COM            172908105     20954   534700 SH       DEFINED 1          534700
CIRRUS LOGIC INC               CONVT          172755AC4      3543  4200000 PRN      DEFINED 1         4200000
CISCO SYSTEMS INCORPORATED     COM            17275R102     13916   180000 SH       DEFINED 1          180000
CISCO SYSTEMS INCORPORATED     COM            17275R102      2520    32600 SH       DEFINED 1           32600
CISCO SYSTEMS INCORPORATED     COM            17275R102       216     2800 SH       DEFINED 1            2800
CISCO SYSTEMS INCORPORATED     COM            17275R102    113804  1472000 SH       DEFINED 1         1472000
CITADEL COMMUNICATIONS CORP    COM            172853202        76     1800 SH       DEFINED 1            1800
CITIGROUP INC                  COM            172967101      9609   162000 SH       DEFINED 1          162000
CITIGROUP INC                  COM            172967101      1628    27450 SH       DEFINED 1           27450
CITIGROUP INC                  COM            172967101       113     1900 SH       DEFINED 1            1900
CITIGROUP INC                  COM            172967101     30721   517949 SH       DEFINED 1          517949
CNF TRUST I                    CONVT          12612V205     11192   201000 SH       DEFINED 1          201000
COCA-COLA COMPANY              COM            191216100      1408    30000 SH       DEFINED 1           30000
COCA-COLA COMPANY              COM            191216100       235     5000 SH       DEFINED 1            5000
COCA-COLA COMPANY              COM            191216100        28      600 SH       DEFINED 1             600
COCA-COLA COMPANY              COM            191216100     11284   240400 SH       DEFINED 1          240400
COLT                           COM            042469900      2934    62191 SH       DEFINED 1           62191
COLT                           COM            042469900     16394   347549 SH       DEFINED 1          347549
COMPUTER HORIZONS CORP         COM            205908106      1368    79900 SH       DEFINED 1           79900
COMPUTER HORIZONS CORP         COM            205908106        15      900 SH       DEFINED 1             900
COMPUTER HORIZONS CORP         COM            205908106      4586   267800 SH       DEFINED 1          267800
COMVERSE                       COM            205862402      5368    28400 SH       DEFINED 1           28400
COMVERSE                       COM            205862402       321     1700 SH       DEFINED 1            1700
COMVERSE                       COM            205862402     21555   114050 SH       DEFINED 1          114050
CONCORD EFS INC.               COM            206197105      4708   205250 SH       DEFINED 1          205250
CONCORD EFS INC.               COM            206197105       333    14500 SH       DEFINED 1           14500
CONCORD EFS INC.               COM            206197105        60     2600 SH       DEFINED 1            2600
CONCORD EFS INC.               COM            206197105     19304   841600 SH       DEFINED 1          841600
CONOCO 'B'                     COM            208251405      3201   130000 SH       DEFINED 1          130000
CONOCO 'B'                     COM            208251405       788    32000 SH       DEFINED 1           32000
CONOCO 'B'                     COM            208251405        39     1600 SH       DEFINED 1            1600
CONOCO 'B'                     COM            208251405     19437   789300 SH       DEFINED 1          789300
COOPER CAMERON CORP.           COM            216640102       107     1600 SH       DEFINED 1            1600
COOPER CAMERON CORP.           COM            216640102      1458    21800 SH       DEFINED 1           21800
CORE LABORATORIES              COM            N22717107       901    31000 SH       DEFINED 1           31000
CORIXA CORP                    COM            21887F100       303     7294 SH       DEFINED 1            7294
CORNERSTONE PROPERTIES, INC    COM            21922H103      1421    81500 SH       DEFINED 1           81500
CORNERSTONE PROPERTIES, INC    COM            21922H103      5039   289000 SH       DEFINED 1          289000
CORNING INC                    COM            219350105      5820    30000 SH       DEFINED 1           30000
CORNING INC                    COM            219350105       970     5000 SH       DEFINED 1            5000
CORNING INC                    COM            219350105        78      400 SH       DEFINED 1             400
CORNING INC                    COM            219350105     33989   175200 SH       DEFINED 1          175200
COSTCO WHOLESALE CORP.         COM            22160K105      4678    89000 SH       DEFINED 1           89000
COSTCO WHOLESALE CORP.         COM            22160K105       841    16000 SH       DEFINED 1           16000
COSTCO WHOLESALE CORP.         COM            22160K105        53     1000 SH       DEFINED 1            1000
COSTCO WHOLESALE CORP.         COM            22160K105     26071   496000 SH       DEFINED 1          496000
CREDENCE SYSTEMS CORP          COM            225302108        50      400 SH       DEFINED 1             400
CROWN CASTLE INTL CORP         COM            228227104       114     3000 SH       DEFINED 1            3000
CROWN CASTLE INTL CORP         COM            228227104     15184  1579337 SH       DEFINED 1         1579337
CROWN CORK & SEAL COMPANY,INC. COM            228255105       146     9111 SH       DEFINED 1            9111
CSL LIMITED                    COM            618549500       623    50000 SH       DEFINED 1           50000
CSL LIMITED                    COM            618549500      3116   250000 SH       DEFINED 1          250000
CYMER INC                      COM            232572107      1005    20100 SH       DEFINED 1           20100
CYMER INC                      COM            232572107       145     2900 SH       DEFINED 1            2900
CYMER INC                      COM            232572107        20      400 SH       DEFINED 1             400
CYMER INC                      COM            232572107      4165    83300 SH       DEFINED 1           83300
CYPRESS SEMICONDUCTOR          CONVT          232806AE9       256   250000 PRN      DEFINED 1          250000
CYPRESS SEMICONDUCTOR          CONVT          232806AE9      3750  3750000 PRN      DEFINED 1         3750000
DAO HENK BANK                  COM            628713100      1321   300000 SH       DEFINED 1          300000
DAO HENK BANK                  COM            628713100      3083   700000 SH       DEFINED 1          700000
DAVID'S BRIDAL INC             COM            238576102      1210   100300 SH       DEFINED 1          100300
DAVID'S BRIDAL INC             COM            238576102        19     1600 SH       DEFINED 1            1600
DAVID'S BRIDAL INC             COM            238576102      4788   396900 SH       DEFINED 1          396900
DBS HOLDINGS                   COM            617520300       990    75000 SH       DEFINED 1           75000
DBS HOLDINGS                   COM            617520300      4292   325000 SH       DEFINED 1          325000
DELL COMPUTER CORP.            COM            247025109      5771   107000 SH       DEFINED 1          107000
DELL COMPUTER CORP.            COM            247025109       917    17000 SH       DEFINED 1           17000
DELL COMPUTER CORP.            COM            247025109        70     1300 SH       DEFINED 1            1300
DELL COMPUTER CORP.            COM            247025109     27179   503900 SH       DEFINED 1          503900
DISTEFORA                      COM            469903900      3533     7000 SH       DEFINED 1            7000
DISTEFORA                      COM            469903900     17666    35000 SH       DEFINED 1           35000
DOLLAR TREE STORES, INC.       COM            256747106        47      900 SH       DEFINED 1             900
DOMAIN TECHNOLOGY INC          COM            257030106         9     9494 SH       DEFINED 1            9494
DRIL-QUIP, INC.                COM            262037104      1070    22700 SH       DEFINED 1           22700
DST SYSTEMS, INC.              COM            233326107      3533    54400 SH       DEFINED 1           54400
DST SYSTEMS, INC.              COM            233326107        52      800 SH       DEFINED 1             800
DST SYSTEMS, INC.              COM            233326107     14124   217500 SH       DEFINED 1          217500
DUKE ENERGY COMPANY            COM            264399106      3150    60000 SH       DEFINED 1           60000
DUKE-WEEKS REALTY CORP         COM            264411505      3024   158096 SH       DEFINED 1          158096
DUKE-WEEKS REALTY CORP         COM            264411505      7741   404772 SH       DEFINED 1          404772
EASTGROUP PROPERTIES INC       COM            277276101       806    37500 SH       DEFINED 1           37500
EASTGROUP PROPERTIES INC       COM            277276101      4031   187500 SH       DEFINED 1          187500
ECHELON CORPORATION            COM            27874N105       663     8167 SH       DEFINED 1            8167
ECOLAB, INC.                   COM            278865100      3669   100000 SH       DEFINED 1          100000
ECOLAB, INC.                   COM            278865100       367    10000 SH       DEFINED 1           10000
ECOLAB, INC.                   COM            278865100        81     2200 SH       DEFINED 1            2200
ECOLAB, INC.                   COM            278865100      8695   237000 SH       DEFINED 1          237000
EGYPT MOBILE PHONE (MOBINIL)   COM            610392500      2177    45000 SH       DEFINED 1           45000
EGYPT MOBILE PHONE (MOBINIL)   COM            610392500     10885   225000 SH       DEFINED 1          225000
ELAN CORPORATION               COM            284131208      4750   100000 SH       DEFINED 1          100000
ELECTRONIC ARTS                COM            285512109        78     1100 SH       DEFINED 1            1100
ELECTRONIC DATA SYSTEMS        COM            285661104      4493    70000 SH       DEFINED 1           70000
ELECTRONIC DATA SYSTEMS        COM            285661104       674    10500 SH       DEFINED 1           10500
ELECTRONIC DATA SYSTEMS        COM            285661104        77     1200 SH       DEFINED 1            1200
ELECTRONIC DATA SYSTEMS        COM            285661104     32370   504300 SH       DEFINED 1          504300
ELI LILLY & COMPANY            COM            532457108      3780    60000 SH       DEFINED 1           60000
ELI LILLY & COMPANY            COM            532457108       605     9600 SH       DEFINED 1            9600
ELI LILLY & COMPANY            COM            532457108        38      600 SH       DEFINED 1             600
ELI LILLY & COMPANY            COM            532457108     16676   264700 SH       DEFINED 1          264700
EMC CORPORATION                COM            268648102      5000    40000 SH       DEFINED 1           40000
EMC CORPORATION                COM            268648102       813     6500 SH       DEFINED 1            6500
EMC CORPORATION                COM            268648102        63      500 SH       DEFINED 1             500
EMC CORPORATION                COM            268648102     26013   208100 SH       DEFINED 1          208100
EMERSON ELECTRIC CO            COM            291011104      4098    77500 SH       DEFINED 1           77500
ENDEMOL                        COM            514643700      3294    24800 SH       DEFINED 1           24800
ENDEMOL                        COM            514643700     14694   110615 SH       DEFINED 1          110615
ENERGIS PLC                    COM            021962400      2934    63000 SH       DEFINED 1           63000
ENERGIS PLC                    COM            021962400     14668   315000 SH       DEFINED 1          315000
ENGAGE TECHNOLOGIES INC        COM            292827102        76     1000 SH       DEFINED 1            1000
ENRON CORP                     COM            293561106      8581   114600 SH       DEFINED 1          114600
ENRON CORP                     COM            293561106      1707    22800 SH       DEFINED 1           22800
ENRON CORP                     COM            293561106       135     1800 SH       DEFINED 1            1800
ENRON CORP                     COM            293561106     62603   836100 SH       DEFINED 1          836100
ENSCO INTERNATIONAL INCORPORAT COM            26874Q100      1109    30700 SH       DEFINED 1           30700
ENTERPRISE OIL                 COM            031886600      1259   175000 SH       DEFINED 1          175000
ENTERPRISE OIL                 COM            031886600      6293   875000 SH       DEFINED 1          875000
EOG RESOURCES                  COM            26875P101      4238   200000 SH       DEFINED 1          200000
EOG RESOURCES                  COM            26875P101       752    35500 SH       DEFINED 1           35500
EOG RESOURCES                  COM            26875P101        40     1900 SH       DEFINED 1            1900
EOG RESOURCES                  COM            26875P101     22565  1065000 SH       DEFINED 1         1065000
EPCOS                          COM            578599300      2901    22000 SH       DEFINED 1           22000
EPCOS                          COM            578599300     14507   110000 SH       DEFINED 1          110000
EPRISE CORP                    COM            294352109         9      600 SH       DEFINED 1             600
EPRISE CORP                    COM            294352109         3      200 SH       DEFINED 1             200
EQUANT                         COM            294409107       723     8500 SH       DEFINED 1            8500
EQUANT                         COM            294409107      3403    40000 SH       DEFINED 1           40000
EQUITY OFFICE PROPERTIES TRUST COM            294741103      2136    85000 SH       DEFINED 1           85000
EQUITY OFFICE PROPERTIES TRUST COM            294741103     57560  2290927 SH       DEFINED 1         2290927
EQUITY RESIDENTIAL PROPERTIES  COM            29476L107      5228   130100 SH       DEFINED 1          130100
EQUITY RESIDENTIAL PROPERTIES  COM            29476L107     32837   817092 SH       DEFINED 1          817092
ERG LIMITED                    COM            631774800       759   110000 SH       DEFINED 1          110000
ERG LIMITED                    COM            631774800      3795   550000 SH       DEFINED 1          550000
ETOYS INC                      COM            297862104         7      800 SH       DEFINED 1             800
ETOYS INC                      COM            297862104      2683   303400 SH       DEFINED 1          303400
EXIDE CORP                     CONVT          302051AF4       719  1250000 PRN      DEFINED 1         1250000
EXIDE CORP                     CONVT          302051AF4     24689 30750000 PRN      DEFINED 1        30750000
EXPEDITORS INTL WASH INC       COM            302130109      1630    41000 SH       DEFINED 1           41000
EXPEDITORS INTL WASH INC       COM            302130109        72     1800 SH       DEFINED 1            1800
EXPEDITORS INTL WASH INC       COM            302130109        40     1000 SH       DEFINED 1            1000
EXPEDITORS INTL WASH INC       COM            302130109      6932   174400 SH       DEFINED 1          174400
EXTENSITY INC                  COM            302255104        53     1100 SH       DEFINED 1            1100
EXTENSITY INC                  COM            302255104        19      400 SH       DEFINED 1             400
EXXON MOBILE CORP              COM            30231G102      8124   104406 SH       DEFINED 1          104406
EXXON MOBILE CORP              COM            30231G102      1538    19761 SH       DEFINED 1           19761
EXXON MOBILE CORP              COM            30231G102        67      860 SH       DEFINED 1             860
EXXON MOBILE CORP              COM            30231G102     32816   421726 SH       DEFINED 1          421726
FEDEX CORPORATION              COM            31428X106     11177   286600 SH       DEFINED 1          286600
FIFTH THIRD BANCORP            COM            316773100        69     1100 SH       DEFINED 1            1100
FINANCIAL SEC ASSURN HLDGS LTD COM            31769P100      7023    95633 SH       DEFINED 1           95633
FINANCIAL SEC ASSURN HLDGS LTD COM            31769P100        95     1300 SH       DEFINED 1            1300
FINANCIAL SEC ASSURN HLDGS LTD COM            31769P100     12771   173900 SH       DEFINED 1          173900
FINANCIAL SQUARE PRIME OBLIGAT COM            38141W364      4700  4700000 SH       DEFINED 1         4700000
FIRST WASHINGTON REALTY TRUST  CONVT          337489603      2456   100000 SH       DEFINED 1          100000
FIRSTAR CORPORATION NEW        COM            33763V109     10872   474000 SH       DEFINED 1          474000
FISERV                         COM            337738108      6136   165000 SH       DEFINED 1          165000
FISERV                         COM            337738108       751    20200 SH       DEFINED 1           20200
FISERV                         COM            337738108        76     2050 SH       DEFINED 1            2050
FISERV                         COM            337738108     24125   648750 SH       DEFINED 1          648750
FLAG TELECOM HOLDING LTD       COM            254282300       566    25000 SH       DEFINED 1           25000
FLAG TELECOM HOLDING LTD       COM            254282300      2828   125000 SH       DEFINED 1          125000
FORD MOTOR COMPANY             COM            345370100     12987   282700 SH       DEFINED 1          282700
FRONTIER FINANCING TRUST       CONVT          35907U103      2738   150000 SH       DEFINED 1          150000
FUJI BANK                      COM            635628000      1503   160000 SH       DEFINED 1          160000
FUJI BANK                      COM            635628000      6575   700000 SH       DEFINED 1          700000
FUJI HEAVY INDUSTRIES          COM            635640600      1500   185000 SH       DEFINED 1          185000
FUJI HEAVY INDUSTRIES          COM            635640600      5473   675000 SH       DEFINED 1          675000
FYFFES PLC                     COM            032952300       364   165000 SH       DEFINED 1          165000
FYFFES PLC                     COM            032952300      1831   830000 SH       DEFINED 1          830000
GABLES RESIDENTIAL TRUST       COM            362418105       630    28000 SH       DEFINED 1           28000
GABLES RESIDENTIAL TRUST       COM            362418105      3554   157972 SH       DEFINED 1          157972
GALERIES LAFAYETTE             COM            570455600      1196     6257 SH       DEFINED 1            6257
GALERIES LAFAYETTE             COM            570455600      5984    31307 SH       DEFINED 1           31307
GASONICS INTERNATIONAL CORP.   COM            367278108      4449   112200 SH       DEFINED 1          112200
GASONICS INTERNATIONAL CORP.   COM            367278108        63     1600 SH       DEFINED 1            1600
GASONICS INTERNATIONAL CORP.   COM            367278108     18119   456900 SH       DEFINED 1          456900
GEMSTAR INTERNATIONAL GROUP LI COM            G3788V106       310     3600 SH       DEFINED 1            3600
GENERAL ELECTRIC COMPANY       COM            369604103     16605   107000 SH       DEFINED 1          107000
GENERAL ELECTRIC COMPANY       COM            369604103      2949    19000 SH       DEFINED 1           19000
GENERAL ELECTRIC COMPANY       COM            369604103       186     1200 SH       DEFINED 1            1200
GENERAL ELECTRIC COMPANY       COM            369604103     89248   575100 SH       DEFINED 1          575100
GENZYME CORPORATION            COM            372917104       216     4308 SH       DEFINED 1            4308
GENZYME SURGICAL PRODUCTS      COM            372917609         9      771 SH       DEFINED 1             771
GEO INTERACTIVE MEDIA GROUP    COM            037123400       545    20000 SH       DEFINED 1           20000
GEO INTERACTIVE MEDIA GROUP    COM            037123400      2725   100000 SH       DEFINED 1          100000
GEORGIA PACIFIC CORP           CONVT          373298801       643    15000 SH       DEFINED 1           15000
GEORGIA PACIFIC CORP           CONVT          373298801     10478   215000 SH       DEFINED 1          215000
GETTY IMAGES INC.              COM            374276103      1890    52600 SH       DEFINED 1           52600
GETTY IMAGES INC.              COM            374276103       187     5200 SH       DEFINED 1            5200
GETTY IMAGES INC.              COM            374276103        29      800 SH       DEFINED 1             800
GETTY IMAGES INC.              COM            374276103      6498   180800 SH       DEFINED 1          180800
GLENBOROUGH REALTY             COM            37803P105      1994   137500 SH       DEFINED 1          137500
GLOBAL INDUSTRIES LTD          COM            379336100      2144   146600 SH       DEFINED 1          146600
GLOBAL INDUSTRIES LTD          COM            379336100        31     2100 SH       DEFINED 1            2100
GLOBAL INDUSTRIES LTD          COM            379336100      9515   650600 SH       DEFINED 1          650600
GLOBAL TELESYSTEMS GROUP       CONVT          37936UAE4      1891  2000000 PRN      DEFINED 1         2000000
GN STORE NORD                  COM            532327400      1734    20000 SH       DEFINED 1           20000
GN STORE NORD                  COM            532327400      8669   100000 SH       DEFINED 1          100000
GOLDMAN SACHS GROUP INC        COM            38141G104        53      500 SH       DEFINED 1             500
GOLF TRUST OF AMERICA          COM            38168B103       330    20000 SH       DEFINED 1           20000
GOLF TRUST OF AMERICA          COM            38168B103      3851   233400 SH       DEFINED 1          233400
GREAT LAKES REIT, INC          COM            390752103      5929   392000 SH       DEFINED 1          392000
GREAT PLAINS SOFTWARE, INC     COM            39119E105      1932    36200 SH       DEFINED 1           36200
GREAT PLAINS SOFTWARE, INC     COM            39119E105       181     3400 SH       DEFINED 1            3400
GREAT PLAINS SOFTWARE, INC     COM            39119E105        32      600 SH       DEFINED 1             600
GREAT PLAINS SOFTWARE, INC     COM            39119E105      6693   125400 SH       DEFINED 1          125400
GREENPOINT FINANCIAL CORP      COM            395384100      1497    76302 SH       DEFINED 1           76302
GREENPOINT FINANCIAL CORP      COM            395384100        79     4030 SH       DEFINED 1            4030
GREENPOINT FINANCIAL CORP      COM            395384100        23     1192 SH       DEFINED 1            1192
GREENPOINT FINANCIAL CORP      COM            395384100      5385   274402 SH       DEFINED 1          274402
GTE CORPORATION                COM            362320103      4970    70000 SH       DEFINED 1           70000
GTE CORPORATION                COM            362320103       852    12000 SH       DEFINED 1           12000
GTE CORPORATION                COM            362320103        78     1100 SH       DEFINED 1            1100
GTE CORPORATION                COM            362320103     21229   299000 SH       DEFINED 1          299000
GUIDANT CORP                   COM            401698105      4705    80000 SH       DEFINED 1           80000
GUIDANT CORP                   COM            401698105       782    13300 SH       DEFINED 1           13300
GUIDANT CORP                   COM            401698105     10398   176800 SH       DEFINED 1          176800
HALLIBURTON COMPANY            COM            406216101       672    16400 SH       DEFINED 1           16400
HARLEY DAVIDSON INC            COM            412822108      4366    55000 SH       DEFINED 1           55000
HARLEY DAVIDSON INC            COM            412822108      1373    17300 SH       DEFINED 1           17300
HARLEY DAVIDSON INC            COM            412822108       135     1700 SH       DEFINED 1            1700
HARLEY DAVIDSON INC            COM            412822108     48760   614300 SH       DEFINED 1          614300
HEALTHSOUTH CORP               CONVT          421924AF8      3438  4400000 PRN      DEFINED 1         4400000
HEALTHSOUTH CORP               CONVT          421924AF8     15590 19500000 PRN      DEFINED 1        19500000
HEIDRICK & STRUGGLES INTL      COM            422819102      1063    26500 SH       DEFINED 1           26500
HEIDRICK & STRUGGLES INTL      COM            422819102        28      700 SH       DEFINED 1             700
HEIDRICK & STRUGGLES INTL      COM            422819102        16      400 SH       DEFINED 1             400
HEIDRICK & STRUGGLES INTL      COM            422819102      4173   104000 SH       DEFINED 1          104000
HERCULES TRUST II              CONVT          427098306       366      500 SH       DEFINED 1             500
HERCULES TRUST II              CONVT          427098306      7500     7500 SH       DEFINED 1            7500
HEWLETT-PACKARD COMPANY        COM            428236103        13      100 SH       DEFINED 1             100
HEWLETT-PACKARD COMPANY        COM            428236103     26711   201500 SH       DEFINED 1          201500
HIGHWOODS PROPERTIES           COM            431284108       334    15700 SH       DEFINED 1           15700
HIGHWOODS PROPERTIES           COM            431284108      2263   106500 SH       DEFINED 1          106500
HILTON GROUP PLC               COM            050025400       883   190000 SH       DEFINED 1          190000
HILTON GROUP PLC               COM            050025400      4415   950000 SH       DEFINED 1          950000
HILTON HOTELS CORP             CONVT          432848AL3      2204  2900000 PRN      DEFINED 1         2900000
HMT TECHNOLOGY CORP            CONVT          403917AD9       566  1300000 PRN      DEFINED 1         1300000
HMT TECHNOLOGY CORP            CONVT          403917AD9      6488 13511000 PRN      DEFINED 1        13511000
HOME DEPOT, INC.               COM            437076102      4193    65000 SH       DEFINED 1           65000
HOME DEPOT, INC.               COM            437076102       677    10500 SH       DEFINED 1           10500
HOME DEPOT, INC.               COM            437076102       126     1950 SH       DEFINED 1            1950
HOME DEPOT, INC.               COM            437076102     65126  1009700 SH       DEFINED 1         1009700
HONDA MOTOR                    COM            643514500      1527    37000 SH       DEFINED 1           37000
HONDA MOTOR                    COM            643514500      4540   110000 SH       DEFINED 1          110000
HONEYWELL INTERNATIONAL        COM            438516106      3820    72500 SH       DEFINED 1           72500
HONEYWELL INTERNATIONAL        COM            438516106       510     9687 SH       DEFINED 1            9687
HOOPER HOLMES INC              COM            439104100       703    20500 SH       DEFINED 1           20500
HOOPER HOLMES INC              COM            439104100        31      900 SH       DEFINED 1             900
HOOPER HOLMES INC              COM            439104100        10      300 SH       DEFINED 1             300
HOOPER HOLMES INC              COM            439104100      2869    83600 SH       DEFINED 1           83600
HOST MARRIOTT CORPORATION      COM            44107P104      1276   143800 SH       DEFINED 1          143800
HOST MARRIOTT CORPORATION      COM            44107P104      7258   817800 SH       DEFINED 1          817800
HOST MARRIOTT FIN TRUST        CONVT          441079209       164     5000 SH       DEFINED 1            5000
HOST MARRIOTT FIN TRUST        CONVT          441079209      3189    97000 SH       DEFINED 1           97000
HOTEL RESERVATIONS INC -CL A   COM            441451101        44     2500 SH       DEFINED 1            2500
HOTEL RESERVATIONS INC -CL A   COM            441451101        21      800 SH       DEFINED 1             800
HOUSING & COMMERCIAL BANK      COM            650302000       749    38500 SH       DEFINED 1           38500
HOUSING & COMMERCIAL BANK      COM            650302000      2568   132000 SH       DEFINED 1          132000
HSBC HOLDINGS                  COM            615816300       975    83400 SH       DEFINED 1           83400
HSBC HOLDINGS                  COM            615816300      3155   270000 SH       DEFINED 1          270000
IBASIS INC                     CONVT          450732AA0      2000  2000000 PRN      DEFINED 1         2000000
ILLINOIS TOOL WORKS INC.       COM            452308109      3039    55000 SH       DEFINED 1           55000
ILLINOIS TOOL WORKS INC.       COM            452308109       459     8300 SH       DEFINED 1            8300
ILLINOIS TOOL WORKS INC.       COM            452308109        33      600 SH       DEFINED 1             600
ILLINOIS TOOL WORKS INC.       COM            452308109     14089   255000 SH       DEFINED 1          255000
IMS HEALTH INC                 COM            449934108       828    48900 SH       DEFINED 1           48900
INACOM CORPORATION             CONVT          92208Q208      1768   104000 SH       DEFINED 1          104000
INET TECHNOLOGIES INC          COM            45662V105       154     2900 SH       DEFINED 1            2900
INET TECHNOLOGIES INC          COM            45662V105        16      300 SH       DEFINED 1             300
INFONAUTICS INC-CL A           COM            456662105       594    72000 SH       DEFINED 1           72000
INFONAUTICS INC-CL A           COM            456662105        21     2600 SH       DEFINED 1            2600
INFONAUTICS INC-CL A           COM            456662105         9     1100 SH       DEFINED 1            1100
INFONAUTICS INC-CL A           COM            456662105      2475   300000 SH       DEFINED 1          300000
INGRAM MICRO INC.              CONVT          457153AB0      1216  3500000 PRN      DEFINED 1         3500000
INGRAM MICRO INC.              CONVT          457153AB0     37390   1.11E8 PRN      DEFINED 1          1.11E8
INNKEEPERS USA TRUST           COM            4576J0104        81    10000 SH       DEFINED 1           10000
INNKEEPERS USA TRUST           COM            4576J0104       731    90000 SH       DEFINED 1           90000
INTEGRATED MEDICAL RESOURCES   COM            45812A100         2   193741 SH       DEFINED 1          193741
INTEL CORP.                    COM            458140100     10555    80000 SH       DEFINED 1           80000
INTEL CORP.                    COM            458140100      2507    19000 SH       DEFINED 1           19000
INTEL CORP.                    COM            458140100       172     1300 SH       DEFINED 1            1300
INTEL CORP.                    COM            458140100     76511   579900 SH       DEFINED 1          579900
INTERIM SERVICE                CONVT          45868PAA8       252   315000 PRN      DEFINED 1          315000
INTERIM SERVICE                CONVT          45868PAA8      3883  4000000 PRN      DEFINED 1         4000000
INTERMEDIA COMMUNICATIONS      COM            458801107        36      754 SH       DEFINED 1             754
INTERNAT'L BUSINESS MACHINES   COM            459200101      4177    35400 SH       DEFINED 1           35400
INTERNAT'L BUSINESS MACHINES   COM            459200101       684     5800 SH       DEFINED 1            5800
INTERNAT'L BUSINESS MACHINES   COM            459200101        47      400 SH       DEFINED 1             400
INTERNAT'L BUSINESS MACHINES   COM            459200101     21075   178600 SH       DEFINED 1          178600
INTERNATIONAL NEDERLANDEN GROE COM            505887700      1626    30060 SH       DEFINED 1           30060
INTERNATIONAL NEDERLANDEN GROE COM            505887700      6491   120000 SH       DEFINED 1          120000
INTERNATIONAL PAPER            CONVT          460137201       508    10000 SH       DEFINED 1           10000
INTERNATIONAL PAPER            CONVT          460137201      1868    40000 SH       DEFINED 1           40000
INTERNATIONAL PAPER COMPANY    COM            460146103      3420    80000 SH       DEFINED 1           80000
INTERPUBLIC GROUP OF COS INC   COM            460690100      3615    76500 SH       DEFINED 1           76500
INTERPUBLIC GROUP OF COS INC   COM            460690100       510    10800 SH       DEFINED 1           10800
INTERPUBLIC GROUP OF COS INC   COM            460690100        43      900 SH       DEFINED 1             900
INTERPUBLIC GROUP OF COS INC   COM            460690100     18617   394000 SH       DEFINED 1          394000
INTERSHOP COMMUNICATIONS       COM            549955100      5439    10800 SH       DEFINED 1           10800
INTERSHOP COMMUNICATIONS       COM            549955100     26692    53000 SH       DEFINED 1           53000
INTERSTATE HOTELS CORP         COM            46088R108        13     4112 SH       DEFINED 1            4112
INTERSTATE HOTELS CORP         COM            46088R108        43    13712 SH       DEFINED 1           13712
INVENSYS PLC                   COM            080704100      1109   250000 SH       DEFINED 1          250000
INVENSYS PLC                   COM            080704100      5546  1250000 SH       DEFINED 1         1250000
INVESTORS FINANCIAL SERVICES C COM            461915100      7436   126300 SH       DEFINED 1          126300
INVESTORS FINANCIAL SERVICES C COM            461915100       183     3100 SH       DEFINED 1            3100
INVESTORS FINANCIAL SERVICES C COM            461915100       106     1800 SH       DEFINED 1            1800
INVESTORS FINANCIAL SERVICES C COM            461915100     30656   520700 SH       DEFINED 1          520700
IRISH LIFE & PERMANENT         COM            445525300       829    91275 SH       DEFINED 1           91275
IRISH LIFE & PERMANENT         COM            445525300      1878   206890 SH       DEFINED 1          206890
ISION/DISTEFORA AG             COM            591202500       158     1565 SH       DEFINED 1            1565
ISION/DISTEFORA AG             COM            591202500       790     7835 SH       DEFINED 1            7835
ISIS PHARMACEUTICALS INC       COM            464330109        68     4800 SH       DEFINED 1            4800
ITHACA INDUSTRIES              COM            465679108        26   120000 SH       DEFINED 1          120000
ITHACA INDUSTRIES              COM            465679108       502  2280000 SH       DEFINED 1         2280000
JABIL CIRCUIT, INC             COM            466313103       294     6800 SH       DEFINED 1            6800
JAKKS PACIFIC INC              COM            47012E106      1078    50000 SH       DEFINED 1           50000
JAKKS PACIFIC INC              COM            47012E106        19      900 SH       DEFINED 1             900
JAKKS PACIFIC INC              COM            47012E106      4580   212400 SH       DEFINED 1          212400
JAZZTEL PLC-ADR                COM            47214R152       567     7000 SH       DEFINED 1            7000
JAZZTEL PLC-ADR                COM            47214R152      2833    35000 SH       DEFINED 1           35000
JCG HOLDINGS                   COM            647749300       883  1950000 SH       DEFINED 1         1950000
JDS UNIPHASE CORP              COM            46612J101      4967    41200 SH       DEFINED 1           41200
JDS UNIPHASE CORP              COM            46612J101       362     3000 SH       DEFINED 1            3000
JDS UNIPHASE CORP              COM            46612J101        60      500 SH       DEFINED 1             500
JDS UNIPHASE CORP              COM            46612J101     20025   166100 SH       DEFINED 1          166100
JEFFERSON SMURFIT              COM            081914300      1144   492000 SH       DEFINED 1          492000
JEFFERSON SMURFIT              COM            081914300      5117  2200000 SH       DEFINED 1         2200000
JOHNSON & JOHNSON              COM            478160104      3853    55000 SH       DEFINED 1           55000
JOHNSON & JOHNSON              COM            478160104       834    11900 SH       DEFINED 1           11900
JOHNSON & JOHNSON              COM            478160104        63      900 SH       DEFINED 1             900
JOHNSON & JOHNSON              COM            478160104     19982   285200 SH       DEFINED 1          285200
JONES APPAREL GROUP INC        COM            480074103      2531    79400 SH       DEFINED 1           79400
JONES APPAREL GROUP INC        COM            480074103        41     1300 SH       DEFINED 1            1300
JONES APPAREL GROUP INC        COM            480074103     10477   328700 SH       DEFINED 1          328700
JULIUS BAER HOLDING            COM            411695800      1881      500 SH       DEFINED 1             500
JULIUS BAER HOLDING            COM            411695800      9027     2400 SH       DEFINED 1            2400
JUNIPER NETWORKS INC           CONVT          48203RAA2       500   500000 PRN      DEFINED 1          500000
JUNIPER NETWORKS INC           CONVT          48203RAA2      5500  5500000 PRN      DEFINED 1         5500000
JUPITER COMMUNICATION          COM            482050101       577    25100 SH       DEFINED 1           25100
JUPITER COMMUNICATION          COM            482050101        46     2000 SH       DEFINED 1            2000
JUPITER COMMUNICATION          COM            482050101        12      500 SH       DEFINED 1             500
JUPITER COMMUNICATION          COM            482050101      2406   104600 SH       DEFINED 1          104600
KAMPS AG                       COM            543707800      1394    24000 SH       DEFINED 1           24000
KAMPS AG                       COM            543707800      6972   120000 SH       DEFINED 1          120000
KAO                            COM            648380900      1528    50000 SH       DEFINED 1           50000
KAO                            COM            648380900      5655   185000 SH       DEFINED 1          185000
KAYDON CORPORATION             COM            486587108      3280   120100 SH       DEFINED 1          120100
KAYDON CORPORATION             COM            486587108        60     2200 SH       DEFINED 1            2200
KAYDON CORPORATION             COM            486587108        46     1700 SH       DEFINED 1            1700
KAYDON CORPORATION             COM            486587108     12586   460800 SH       DEFINED 1          460800
KBC BANCASSURANCE              COM            547667300         0      470 SH       DEFINED 1             470
KBC BANCASSURANCE              CONVT          940757900        56      682 PRN      DEFINED 1             682
KBC BANCASSURANCE              COM            547667300         0      950 SH       DEFINED 1             950
KBC BANCASSURANCE              CONVT          940757900        91     1365 PRN      DEFINED 1            1365
KEANE                          COM            486665102       889    35200 SH       DEFINED 1           35200
KEANE                          COM            486665102        61     2400 SH       DEFINED 1            2400
KEANE                          COM            486665102        18      700 SH       DEFINED 1             700
KEANE                          COM            486665102      3702   146600 SH       DEFINED 1          146600
KEEBLER FOODS                  COM            487256109        60     2100 SH       DEFINED 1            2100
KERR-MCGEE CORP.               CONVT          492386AP2       503   500000 PRN      DEFINED 1          500000
KERR-MCGEE CORP.               CONVT          492386AP2     11577 11500000 PRN      DEFINED 1        11500000
KEYENCE                        COM            649099500      2195     5500 SH       DEFINED 1            5500
KEYENCE                        COM            649099500      9527    23870 SH       DEFINED 1           23870
KIMBERLY-CLARK CORP            COM            494368103      5796   103500 SH       DEFINED 1          103500
KIMBERLY-CLARK CORP            COM            494368103       767    13700 SH       DEFINED 1           13700
KIMBERLY-CLARK CORP            COM            494368103        50      900 SH       DEFINED 1             900
KIMBERLY-CLARK CORP            COM            494368103     22288   398000 SH       DEFINED 1          398000
KNIGHT TRANSPORTATION, INC.    COM            499064103      3681   210350 SH       DEFINED 1          210350
KNIGHT TRANSPORTATION, INC.    COM            499064103        35     2000 SH       DEFINED 1            2000
KNIGHT TRIMARK GROUP INC       COM            499068104      2688    52700 SH       DEFINED 1           52700
KNIGHT TRIMARK GROUP INC       COM            499068104       143     2800 SH       DEFINED 1            2800
KNIGHT TRIMARK GROUP INC       COM            499068104        41      800 SH       DEFINED 1             800
KNIGHT TRIMARK GROUP INC       COM            499068104     10231   200600 SH       DEFINED 1          200600
KOHLS DEPARTMENT STORES        COM            500255104      6765    66000 SH       DEFINED 1           66000
KOHLS DEPARTMENT STORES        COM            500255104      1261    12300 SH       DEFINED 1           12300
KOHLS DEPARTMENT STORES        COM            500255104       215     2100 SH       DEFINED 1            2100
KOHLS DEPARTMENT STORES        COM            500255104     79099   771700 SH       DEFINED 1          771700
KONINKLIJKE PHILIPS ELECTRONIC COM            567143400      2349    14000 SH       DEFINED 1           14000
KONINKLIJKE PHILIPS ELECTRONIC COM            567143400     11116    66240 SH       DEFINED 1           66240
KOREA ELECTRIC POWER CO.       COM            500631106       791    50000 SH       DEFINED 1           50000
KOREA ELECTRIC POWER CO.       COM            500631106      3479   220000 SH       DEFINED 1          220000
KUDELSKI                       COM            556885900      2494      200 SH       DEFINED 1             200
KUDELSKI                       COM            556885900     12468     1000 SH       DEFINED 1            1000
LABRANCHE & COMPANY            COM            505447102         3      200 SH       DEFINED 1             200
LAGARDERE                      COM            454721300      2538    31300 SH       DEFINED 1           31300
LAGARDERE                      COM            454721300     11409   140700 SH       DEFINED 1          140700
LAMAR ADVERTISING COMPANY      COM            512815101      2603    57200 SH       DEFINED 1           57200
LAMAR ADVERTISING COMPANY      COM            512815101       137     3000 SH       DEFINED 1            3000
LAMAR ADVERTISING COMPANY      COM            512815101        32      700 SH       DEFINED 1             700
LAMAR ADVERTISING COMPANY      COM            512815101      9573   210400 SH       DEFINED 1          210400
LASON INC                      COM            51808R107       208    31591 SH       DEFINED 1           31591
LEGGETT & PLATT INCORPORATED   COM            524660107      1656    77000 SH       DEFINED 1           77000
LEGGETT & PLATT INCORPORATED   COM            524660107        26     1200 SH       DEFINED 1            1200
LEGGETT & PLATT INCORPORATED   COM            524660107     14364   668100 SH       DEFINED 1          668100
LEHMAN BROTHERS HOLDINGS       COM            524908100      4850    50000 SH       DEFINED 1           50000
LEHMAN BROTHERS HOLDINGS       COM            524908100       825     8500 SH       DEFINED 1            8500
LEHMAN BROTHERS HOLDINGS       COM            524908100        58      600 SH       DEFINED 1             600
LEHMAN BROTHERS HOLDINGS       COM            524908100     21815   224900 SH       DEFINED 1          224900
LEVEL 3 COMMUNICATIONS         CONVT          52729NAS9       250   250000 PRN      DEFINED 1          250000
LEVEL 3 COMMUNICATIONS         CONVT          52729NAS9      2750  2750000 PRN      DEFINED 1         2750000
LEXMARK INT'L GROUP            COM            529771107      4547    43000 SH       DEFINED 1           43000
LEXMARK INT'L GROUP            COM            529771107        53      500 SH       DEFINED 1             500
LEXMARK INT'L GROUP            COM            529771107     26395   249600 SH       DEFINED 1          249600
LILLY INDUSTRIAL COATINGS      COM            532491107         0        0 SH       DEFINED 1               0
LINCARE, INC.                  COM            532791100      3848   135600 SH       DEFINED 1          135600
LINCARE, INC.                  COM            532791100       114     4000 SH       DEFINED 1            4000
LINCARE, INC.                  COM            532791100        60     2100 SH       DEFINED 1            2100
LINCARE, INC.                  COM            532791100     14956   527100 SH       DEFINED 1          527100
LINENS & THIGNS INC            COM            535679104       123     3600 SH       DEFINED 1            3600
LOEWS CORP                     CONVT          540424AL2       878  1000000 PRN      DEFINED 1         1000000
LSI LOGIC CORP                 CONVT          502161AE2      7207  6200000 PRN      DEFINED 1         6200000
LUXOTTICA GROUP SPA-SPON ADR   COM            55068R202       650    26600 SH       DEFINED 1           26600
LUXOTTICA GROUP SPA-SPON ADR   COM            55068R202      3260   133400 SH       DEFINED 1          133400
MACK CALI REALTY               COM            554489104       474    18600 SH       DEFINED 1           18600
MACK CALI REALTY               COM            554489104      2417    94800 SH       DEFINED 1           94800
MAIL-WELL INC.                 CONVT          560321AD3      2813  3500000 PRN      DEFINED 1         3500000
MAIL-WELL INC.                 CONVT          560321AD3     30379 34300000 PRN      DEFINED 1        34300000
MANUFACTURED HOME COMMUNITIES  COM            564682102       305    13200 SH       DEFINED 1           13200
MANUFACTURED HOME COMMUNITIES  COM            564682102      3411   147500 SH       DEFINED 1          147500
MANULIFE                       COM            56501R106      1469   100000 SH       DEFINED 1          100000
MANULIFE                       COM            56501R106      7344   500000 SH       DEFINED 1          500000
MARCONI PLC                    COM            087743100      1253   105000 SH       DEFINED 1          105000
MARCONI PLC                    COM            087743100      6205   520000 SH       DEFINED 1          520000
MARINE DRILLING COMPANIES, INC COM            568240204      2286    83300 SH       DEFINED 1           83300
MARINE DRILLING COMPANIES, INC COM            568240204      9672   352500 SH       DEFINED 1          352500
MARSCHOLLEK LAUTENSCHLAGER PAR COM            572028400     14813    25000 SH       DEFINED 1           25000
MARSHALL & ILSLEY CORP         COM            571834100    234057  3880745 SH       DEFINED 1         3880745
MASON STREET AGGRESSIVE GROWTH COM            575337100     68067  2942810 SH       DEFINED 1         2942810
MASON STREET AGGRESSIVE GROWTH COM            575337209        16      704 SH       DEFINED 1             704
MASON STREET ASSET ALLOCATION  COM            575337852        11      716 SH       DEFINED 1             716
MASON STREET ASSET ALLOCATION  COM            575337860     44592  3008937 SH       DEFINED 1         3008937
MASON STREET GROWTH & INCOME S COM            575337704     13306  1068749 SH       DEFINED 1         1068749
MASON STREET GROWTH & INCOME S COM            575337803        10      833 SH       DEFINED 1             833
MASON STREET GROWTH & INCOME S COM            575337704     30034  2412361 SH       DEFINED 1         2412361
MASON STREET GROWTH STOCK FUND COM            575337506     54873  2886516 SH       DEFINED 1         2886516
MASON STREET GROWTH STOCK FUND COM            575337605        13      687 SH       DEFINED 1             687
MASON STREET HIGH YIELD BOND F COM            575337837         7      834 SH       DEFINED 1             834
MASON STREET HIGH YIELD BOND F COM            575337845     28081  3536699 SH       DEFINED 1         3536699
MASON STREET INDEX 400 FUND    COM            575337761     29959  2526039 SH       DEFINED 1         2526039
MASON STREET INDEX 400 FUND    COM            575337779      1200   101333 SH       DEFINED 1          101333
MASON STREET INDEX 500 STOCK F COM            575337878        12      625 SH       DEFINED 1             625
MASON STREET INDEX 500 STOCK F COM            575337886     25092  1303464 SH       DEFINED 1         1303464
MASON STREET INTERNATIONAL FUN COM            575337308     28830  2748338 SH       DEFINED 1         2748338
MASON STREET INTERNATIONAL FUN COM            575337407         7      653 SH       DEFINED 1             653
MASON STREET MUNICIPAL BOND FU COM            575337811         7      691 SH       DEFINED 1             691
MASON STREET MUNICIPAL BOND FU COM            575337829     29738  2948662 SH       DEFINED 1         2948662
MASON STREET SELECT BOND FUND  COM            575337787         7      768 SH       DEFINED 1             768
MASON STREET SELECT BOND FUND  COM            575337795     29805  3264471 SH       DEFINED 1         3264471
MASON STREET SMALL CAP FUND    COM            575337746      8177   464887 SH       DEFINED 1          464887
MASON STREET SMALL CAP FUND    COM            575337753       914    52009 SH       DEFINED 1           52009
MATAV                          COM            559776109      1339    30000 SH       DEFINED 1           30000
MATAV                          COM            559776109      5177   116000 SH       DEFINED 1          116000
MAXTOR CORP                    CONVT          243664208       720    60000 SH       DEFINED 1           60000
MAXTOR CORP                    CONVT          243664208      6421   560000 SH       DEFINED 1          560000
MC DONALD'S CORPORATION        COM            580135101      3606    96000 SH       DEFINED 1           96000
MC DONALD'S CORPORATION        COM            580135101       751    20000 SH       DEFINED 1           20000
MC DONALD'S CORPORATION        COM            580135101        45     1200 SH       DEFINED 1            1200
MC DONALD'S CORPORATION        COM            580135101     17260   459500 SH       DEFINED 1          459500
MCGRAW-HILL COMPANIES INC      COM            580645109      2958    65000 SH       DEFINED 1           65000
MCGRAW-HILL COMPANIES INC      COM            580645109        64     1400 SH       DEFINED 1            1400
MCGRAW-HILL COMPANIES INC      COM            580645109     26431   580900 SH       DEFINED 1          580900
MCI WORLD COM INC              COM            55268B106      4758   105000 SH       DEFINED 1          105000
MCI WORLD COM INC              COM            55268B106       802    17698 SH       DEFINED 1           17698
MCI WORLD COM INC              COM            55268B106        48     1050 SH       DEFINED 1            1050
MCI WORLD COM INC              COM            55268B106     22325   492700 SH       DEFINED 1          492700
MEAD CORP.                     COM            582834107       559    16000 SH       DEFINED 1           16000
MEAD CORP.                     COM            582834107        17      500 SH       DEFINED 1             500
MEAD CORP.                     COM            582834107      7686   220000 SH       DEFINED 1          220000
MEDIA ONE GROUP INC            COM            58440J104     11069   136655 SH       DEFINED 1          136655
MEDITRUST CORPORATION          COM            58501T306        20    11117 SH       DEFINED 1           11117
MEDITRUST CORPORATION          COM            58501T306      1385   763944 SH       DEFINED 1          763944
MEDPARTNERS INC                CONVT          58503X206      2444   340000 SH       DEFINED 1          340000
MEDTRONIC, INCORPORATED        COM            585055106      6430   125000 SH       DEFINED 1          125000
MEDTRONIC, INCORPORATED        COM            585055106       926    18000 SH       DEFINED 1           18000
MEDTRONIC, INCORPORATED        COM            585055106       103     2000 SH       DEFINED 1            2000
MEDTRONIC, INCORPORATED        COM            585055106     38753   753400 SH       DEFINED 1          753400
MERCK & CO., INC.              COM            589331107      3417    55000 SH       DEFINED 1           55000
MERCK & CO., INC.              COM            589331107       373     6000 SH       DEFINED 1            6000
MERCK & CO., INC.              COM            589331107        75     1200 SH       DEFINED 1            1200
MERCK & CO., INC.              COM            589331107     23092   371700 SH       DEFINED 1          371700
MERISTAR HOSPITALITY CORP      COM            58984Y103       173    12000 SH       DEFINED 1           12000
MERISTAR HOSPITALITY CORP      COM            58984Y103      1588   110000 SH       DEFINED 1          110000
MERRILL LYNCH                  CONVT          590188751      3368    90000 SH       DEFINED 1           90000
META SOLV SOFTWARE             COM            591393103       100     1700 SH       DEFINED 1            1700
META SOLV SOFTWARE             COM            591393103        24      400 SH       DEFINED 1             400
METAMOR WORLDWIDE INC          CONVT          59133PAA8       434   500000 PRN      DEFINED 1          500000
METAMOR WORLDWIDE INC          CONVT          59133PAA8      7028  9500000 PRN      DEFINED 1         9500000
MGC COMMUNICATIONS INC         COM            552763302       961    13434 SH       DEFINED 1           13434
MGIC INVESTMENT CORP           COM            552848103    213311 11948392 SH       DEFINED 1        11948392
MICHAELS STORES INC            COM            594087108      5571   136700 SH       DEFINED 1          136700
MICHAELS STORES INC            COM            594087108        69     1700 SH       DEFINED 1            1700
MICHAELS STORES INC            COM            594087108     17319   425000 SH       DEFINED 1          425000
MICROSOFT CORPORATION          COM            594918104     16469   155000 SH       DEFINED 1          155000
MICROSOFT CORPORATION          COM            594918104      2741    25800 SH       DEFINED 1           25800
MICROSOFT CORPORATION          COM            594918104       170     1600 SH       DEFINED 1            1600
MICROSOFT CORPORATION          COM            594918104     76330   718400 SH       DEFINED 1          718400
MIH                            COM            G6116R101      1556    25500 SH       DEFINED 1           25500
MIH                            COM            G6116R101      7625   125000 SH       DEFINED 1          125000
MINEBEA CO LTD                 COM            664240600       957    72000 SH       DEFINED 1           72000
MINEBEA CO LTD                 COM            664240600      4783   360000 SH       DEFINED 1          360000
MMC NETWORKS INC               COM            55308N102       561    17000 SH       DEFINED 1           17000
MMC NETWORKS INC               COM            55308N102        30      900 SH       DEFINED 1             900
MMC NETWORKS INC               COM            55308N102         7      200 SH       DEFINED 1             200
MMC NETWORKS INC               COM            55308N102      2360    71500 SH       DEFINED 1           71500
MMI COMPANIES INC              COM            553087107      2050   204301 SH       DEFINED 1          204301
MODERN TIMES GROUP             COM            532812700     11646   240000 SH       DEFINED 1          240000
MORGAN ST DEAN WITTER          COM            617446448      6525    80000 SH       DEFINED 1           80000
MORGAN ST DEAN WITTER          COM            617446448      1387    17000 SH       DEFINED 1           17000
MORGAN ST DEAN WITTER          COM            617446448     59731   732340 SH       DEFINED 1          732340
MOTOROLA INC                   COM            620076109      3631    25500 SH       DEFINED 1           25500
MOTOROLA INC                   COM            620076109       641     4500 SH       DEFINED 1            4500
MOTOROLA INC                   COM            620076109        43      300 SH       DEFINED 1             300
MOTOROLA INC                   COM            620076109     20488   143900 SH       DEFINED 1          143900
MSC INDUSTRIAL DIRECT CO-A     COM            553530106      1287    71500 SH       DEFINED 1           71500
MSC INDUSTRIAL DIRECT CO-A     COM            553530106       101     5600 SH       DEFINED 1            5600
MSC INDUSTRIAL DIRECT CO-A     COM            553530106        20     1100 SH       DEFINED 1            1100
MSC INDUSTRIAL DIRECT CO-A     COM            553530106      5459   303300 SH       DEFINED 1          303300
NABORS IND INC                 COM            629568106      4572   117800 SH       DEFINED 1          117800
NABORS IND INC                 COM            629568106       101     2600 SH       DEFINED 1            2600
NABORS IND INC                 COM            629568106        58     1500 SH       DEFINED 1            1500
NABORS IND INC                 COM            629568106     16608   427900 SH       DEFINED 1          427900
NATIONAL AUSTRALIA BANK        CONVT          632525309       242    10000 SH       DEFINED 1           10000
NATIONAL AUSTRALIA BANK        CONVT          632525309      9575   383000 SH       DEFINED 1          383000
NATIONAL DATA CORP             CONVT          635621AA3      1230  1500000 PRN      DEFINED 1         1500000
NATIONAL DATA CORP             CONVT          635621AA3     24157 25625000 PRN      DEFINED 1        25625000
NATIONAL GRID                  COM            024282400      1310   150000 SH       DEFINED 1          150000
NATIONAL GRID                  COM            024282400      4193   480000 SH       DEFINED 1          480000
NATIONAL-OILWELL INC           COM            637071101       222    18300 SH       DEFINED 1           18300
NEOFORMA.COM INC               COM            640475109        38     2300 SH       DEFINED 1            2300
NEOFORMA.COM INC               COM            640475109        13      800 SH       DEFINED 1             800
NEW PLAN EXCEL REALTY TRUST    CONVT          648053205      2635   105400 SH       DEFINED 1          105400
NEW YORK TIMES COMPANY         COM            650111107      2800    65200 SH       DEFINED 1           65200
NEW YORK TIMES COMPANY         COM            650111107       773    18000 SH       DEFINED 1           18000
NEW YORK TIMES COMPANY         COM            650111107     24054   560200 SH       DEFINED 1          560200
NEWELL CO.                     CONVT          651195307       448    10000 SH       DEFINED 1           10000
NEWELL CO.                     CONVT          651195307      8746   175000 SH       DEFINED 1          175000
NEXTEL COMMUNICATIONS INC.     COM            65332V103      6671    45000 SH       DEFINED 1           45000
NEXTEL COMMUNICATIONS INC.     COM            65332V103      1364     9200 SH       DEFINED 1            9200
NEXTEL COMMUNICATIONS INC.     COM            65332V103        89      600 SH       DEFINED 1             600
NEXTEL COMMUNICATIONS INC.     COM            65332V103     43867   295900 SH       DEFINED 1          295900
NHH HOTELES                    COM            457178400      4225   360000 SH       DEFINED 1          360000
NIPPON TEL & TEL               COM            664137300      1904      120 SH       DEFINED 1             120
NIPPON TEL & TEL               COM            664137300      7743      488 SH       DEFINED 1             488
NOBLE DRILLING CORP            COM            655042109      1285    31000 SH       DEFINED 1           31000
NOKIA A SHARES                 COM            590294100      4224    20000 SH       DEFINED 1           20000
NOKIA A SHARES                 COM            590294100     21120   100000 SH       DEFINED 1          100000
NORDIC BALTIC                  COM            588811500      2359   448800 SH       DEFINED 1          448800
NORTEL NETWORK CORP            COM            656569100      8190    65000 SH       DEFINED 1           65000
NORTEL NETWORK CORP            COM            656569100      1764    14000 SH       DEFINED 1           14000
NORTEL NETWORK CORP            COM            656569100       176     1400 SH       DEFINED 1            1400
NORTEL NETWORK CORP            COM            656569100     59875   475200 SH       DEFINED 1          475200
NOVO NORDISK                   COM            515465600      1038     7700 SH       DEFINED 1            7700
NOVO NORDISK                   COM            515465600      6743    50000 SH       DEFINED 1           50000
NTL INC                        COM            629407107       743     8000 SH       DEFINED 1            8000
NTL INC                        COM            629407107      3713    40000 SH       DEFINED 1           40000
NTT DOCOMO                     COM            612927700      3688       90 SH       DEFINED 1              90
NTT DOCOMO                     COM            612927700     16392      400 SH       DEFINED 1             400
NUEVO FINANCING I              CONVT          670511203      2555   100000 SH       DEFINED 1          100000
O'REILLY AUTOMOTIVE, INC.      COM            686091109      4632   326500 SH       DEFINED 1          326500
O'REILLY AUTOMOTIVE, INC.      COM            686091109        60     4200 SH       DEFINED 1            4200
O'REILLY AUTOMOTIVE, INC.      COM            686091109        71     5000 SH       DEFINED 1            5000
O'REILLY AUTOMOTIVE, INC.      COM            686091109     18861  1329400 SH       DEFINED 1         1329400
OCCIDENTAL PETROLEUM           COM            674599105       657    31680 SH       DEFINED 1           31680
OCCIDENTAL PETROLEUM           COM            674599105      6922   333590 SH       DEFINED 1          333590
OFFSHORE LOGISTICS, INC        CONVT          676255AF9      4420  5000000 PRN      DEFINED 1         5000000
OLD MUTUAL LIFE PLC            COM            073899200       707   300000 SH       DEFINED 1          300000
OLD MUTUAL LIFE PLC            COM            073899200      2829  1200000 SH       DEFINED 1         1200000
OMNICOM GROUP INCORPORATED     COM            681919106      2598    27800 SH       DEFINED 1           27800
OMNICOM GROUP INCORPORATED     COM            681919106        28      300 SH       DEFINED 1             300
OMNICOM GROUP INCORPORATED     COM            681919106     12371   132400 SH       DEFINED 1          132400
ORACLE CORPORATION             COM            68389X105      6401    82000 SH       DEFINED 1           82000
ORACLE CORPORATION             COM            68389X105       734     9400 SH       DEFINED 1            9400
ORACLE CORPORATION             COM            68389X105        78     1000 SH       DEFINED 1            1000
ORACLE CORPORATION             COM            68389X105     32708   419000 SH       DEFINED 1          419000
ORBOTECH                       COM            M75253100      2720    32000 SH       DEFINED 1           32000
ORBOTECH                       COM            M75253100     13515   159000 SH       DEFINED 1          159000
OUTBACK STEAKHOUSE             COM            689899102      4168   130000 SH       DEFINED 1          130000
OUTBACK STEAKHOUSE             COM            689899102       648    20200 SH       DEFINED 1           20200
PACIFIC CENTURY REGION DEV     COM            680856500       691    51000 SH       DEFINED 1           51000
PACIFIC CENTURY REGION DEV     COM            680856500      2969   219000 SH       DEFINED 1          219000
PARKER DRILLING CORP           CONVT          701081AD3       376   500000 PRN      DEFINED 1          500000
PARKER DRILLING CORP           CONVT          701081AD3      4401  4750000 PRN      DEFINED 1         4750000
PARKWAY PROPERTIES INC         COM            70159Q104       736    25000 SH       DEFINED 1           25000
PARKWAY PROPERTIES INC         COM            70159Q104      3223   109500 SH       DEFINED 1          109500
PASMINCO                       COM            667108000       608  1000000 SH       DEFINED 1         1000000
PASMINCO                       COM            667108000      3040  5000000 SH       DEFINED 1         5000000
PATTERSON DENTAL COMPANY       COM            703412106      4632   121100 SH       DEFINED 1          121100
PATTERSON DENTAL COMPANY       COM            703412106        99     2600 SH       DEFINED 1            2600
PATTERSON DENTAL COMPANY       COM            703412106        65     1700 SH       DEFINED 1            1700
PATTERSON DENTAL COMPANY       COM            703412106     18880   493600 SH       DEFINED 1          493600
PAYCHEX INCORPORATED           COM            704326107      2587    49400 SH       DEFINED 1           49400
PAYCHEX INCORPORATED           COM            704326107        47      900 SH       DEFINED 1             900
PAYCHEX INCORPORATED           COM            704326107     14565   278098 SH       DEFINED 1          278098
PENNCORP FINL GROUP INC        CONVT          708094305        45     5000 SH       DEFINED 1            5000
PEPSIAMERICAS INC              COM            71343P101     10859  3217397 SH       DEFINED 1         3217397
PEPSICO INC.                   COM            713448108      5565   161000 SH       DEFINED 1          161000
PEPSICO INC.                   COM            713448108       868    25100 SH       DEFINED 1           25100
PEPSICO INC.                   COM            713448108        31      900 SH       DEFINED 1             900
PEPSICO INC.                   COM            713448108     11316   327400 SH       DEFINED 1          327400
PEREGRINE INVESTMENTS          COM            668293000         0  1625000 SH       DEFINED 1         1625000
PETROBRAS ON                   COM            268236500       760  3000000 SH       DEFINED 1         3000000
PETROBRAS ON                   COM            268236500      3295 13000000 SH       DEFINED 1        13000000
PEUGEOT                        COM            468382700      1296     6000 SH       DEFINED 1            6000
PEUGEOT                        COM            468382700      5615    26000 SH       DEFINED 1           26000
PFIZER INC.                    COM            717081103        11      300 SH       DEFINED 1             300
PFIZER INC.                    COM            717081103      4808   131500 SH       DEFINED 1          131500
PHARMACIA & UPJOHN INC         COM            716941109      4444    75000 SH       DEFINED 1           75000
PHOTRONICS INC.                CONVT          719405AA0     12276 12000000 PRN      DEFINED 1        12000000
PIONEER STANDARD ELECTRO       CONVT          723879300      8365   166500 SH       DEFINED 1          166500
PIZZA EXPRESS                  COM            084195300      1112    95000 SH       DEFINED 1           95000
PIZZA EXPRESS                  COM            084195300      2810   240000 SH       DEFINED 1          240000
PMC-SIERRA INC.                COM            69344F106      4868    23900 SH       DEFINED 1           23900
PMC-SIERRA INC.                COM            69344F106       183      900 SH       DEFINED 1             900
PMC-SIERRA INC.                COM            69344F106        81      400 SH       DEFINED 1             400
PMC-SIERRA INC.                COM            69344F106     19493    95700 SH       DEFINED 1           95700
POHANG IRON & STEEL (POSCO)    COM            669323300      1927    20000 SH       DEFINED 1           20000
POHANG IRON & STEEL (POSCO) -  COM            730450103       688    25000 SH       DEFINED 1           25000
POHANG IRON & STEEL (POSCO) -  COM            730450103      3300   120000 SH       DEFINED 1          120000
PORSCHE AG NV PFD DM50         COM            469678400      1696      580 SH       DEFINED 1             580
PORSCHE AG NV PFD DM50         COM            469678400      8042     2750 SH       DEFINED 1            2750
POST PROPERTIES INC.           COM            737464107       943    23380 SH       DEFINED 1           23380
POST PROPERTIES INC.           COM            737464107      4120   102194 SH       DEFINED 1          102194
POWER ONE INC.                 COM            739308104      5011    83000 SH       DEFINED 1           83000
POWER ONE INC.                 COM            739308104       145     2400 SH       DEFINED 1            2400
POWER ONE INC.                 COM            739308104        78     1300 SH       DEFINED 1            1300
POWER ONE INC.                 COM            739308104     16603   275000 SH       DEFINED 1          275000
POWERTEL LIMITED               COM            662407300      1154   575000 SH       DEFINED 1          575000
POWERTEL LIMITED               COM            662407300      4949  2467000 SH       DEFINED 1         2467000
PPG INDUSTRIES INC             COM            693506107        16      300 SH       DEFINED 1             300
PPG INDUSTRIES INC             COM            693506107      6429   122900 SH       DEFINED 1          122900
PRECISION DRILLING CORP        COM            74022D100      1208    36200 SH       DEFINED 1           36200
PRIDE INTERNATIONAL INC        CONVT          741932AB3       763  2000000 PRN      DEFINED 1         2000000
PRIDE INTERNATIONAL INC        CONVT          741932AB3     16300 60000000 PRN      DEFINED 1        60000000
PROCOMP INFORMATICS CO LTD     COM            620352400      3497   362000 SH       DEFINED 1          362000
PROCTER & GAMBLE COMPANY       COM            742718109      3375    60000 SH       DEFINED 1           60000
PROCTER & GAMBLE COMPANY       COM            742718109       512     9100 SH       DEFINED 1            9100
PROCTER & GAMBLE COMPANY       COM            742718109        45      800 SH       DEFINED 1             800
PROCTER & GAMBLE COMPANY       COM            742718109     16386   291300 SH       DEFINED 1          291300
PROLOGIS TRUST                 COM            743410102       963    50000 SH       DEFINED 1           50000
PROLOGIS TRUST                 COM            743410102     44324  2302544 SH       DEFINED 1         2302544
PROVIDENT INST'L TEMP FUND     COM            743884579     26900 26900000 SH       DEFINED 1        26900000
PROVINCE HEALTHCARE COMPANY    COM            743977100      1715    59900 SH       DEFINED 1           59900
PROVINCE HEALTHCARE COMPANY    COM            743977100        72     2500 SH       DEFINED 1            2500
PROVINCE HEALTHCARE COMPANY    COM            743977100        20      700 SH       DEFINED 1             700
PROVINCE HEALTHCARE COMPANY    COM            743977100      7470   260956 SH       DEFINED 1          260956
PRUDENTIAL PLC                 COM            070995400      1206    80000 SH       DEFINED 1           80000
PRUDENTIAL PLC                 COM            070995400      5428   360000 SH       DEFINED 1          360000
PTTEP - FOREIGN                COM            666546900      1392   270000 SH       DEFINED 1          270000
PUBLIC STORAGE INC CSP         COM            74460D109      3452   164400 SH       DEFINED 1          164400
PUBLIC STORAGE INC CSP         COM            74460D109     12619   600900 SH       DEFINED 1          600900
QIAGEN N.V.                    COM            573282500       279     1943 SH       DEFINED 1            1943
QIAGEN N.V.                    COM            573282500      1393     9717 SH       DEFINED 1            9717
QLOGIC CORPORATION             COM            747277101      5027    37100 SH       DEFINED 1           37100
QLOGIC CORPORATION             COM            747277101        81      600 SH       DEFINED 1             600
QLOGIC CORPORATION             COM            747277101        81      600 SH       DEFINED 1             600
QLOGIC CORPORATION             COM            747277101     20501   151300 SH       DEFINED 1          151300
QUAKER OATS COMPANY            COM            747402105      3377    55700 SH       DEFINED 1           55700
QUAKER OATS COMPANY            COM            747402105       588     9700 SH       DEFINED 1            9700
QUAKER OATS COMPANY            COM            747402105        67     1100 SH       DEFINED 1            1100
QUAKER OATS COMPANY            COM            747402105     14956   246700 SH       DEFINED 1          246700
QUANTUM CORP                   CONVT          747906AC9      1102  1500000 PRN      DEFINED 1         1500000
QUORUM HEALTH GROUP, INC.      COM            749084109       946    94050 SH       DEFINED 1           94050
QUORUM HEALTH GROUP, INC.      COM            749084109        13     1300 SH       DEFINED 1            1300
QUORUM HEALTH GROUP, INC.      COM            749084109      3370   334904 SH       DEFINED 1          334904
RADIN GROUP INC                COM            750236101       114     2400 SH       DEFINED 1            2400
RATIONAL SOFTWARE CORP         COM            75409P202      1148    15000 SH       DEFINED 1           15000
RATIONAL SOFTWARE CORP         COM            75409P202        23      300 SH       DEFINED 1             300
RATIONAL SOFTWARE CORP         COM            75409P202      4720    61700 SH       DEFINED 1           61700
READ-RITE CORP                 CONVT          755246AB1      2112  2547000 PRN      DEFINED 1         2547000
REGENCY REALTY CORP            COM            758939102       831    42100 SH       DEFINED 1           42100
REGENCY REALTY CORP            COM            758939102      7292   369230 SH       DEFINED 1          369230
REGENCY REALTY CORP            COM            758939102       739    37400 SH       DEFINED 1           37400
REGISTER.COM                   COM            75914G101        83     1200 SH       DEFINED 1            1200
REGISTER.COM                   COM            75914G101       348     5000 SH       DEFINED 1            5000
REPTRON ELECTRONICS INC        CONVT          76026WAA7      2221  4700000 PRN      DEFINED 1         4700000
REUTERS GROUP PLC              COM            023691300      1013    50000 SH       DEFINED 1           50000
REUTERS GROUP PLC              COM            023691300      5066   250000 SH       DEFINED 1          250000
RHODIA                         COM            547468800       500    28000 SH       DEFINED 1           28000
RHODIA                         COM            547468800      2180   122000 SH       DEFINED 1          122000
RITE AID CORPORATION           COM            767754104        41     7410 SH       DEFINED 1            7410
ROHM                           COM            674720400      1807     5100 SH       DEFINED 1            5100
ROHM                           COM            674720400      7795    22000 SH       DEFINED 1           22000
ROUSE  CO                      COM            779273101      1413    66900 SH       DEFINED 1           66900
ROUSE  CO                      COM            779273101      2262   107100 SH       DEFINED 1          107100
ROUSE CO                       CONVT          779273309       178     5100 SH       DEFINED 1            5100
SAIPEM                         COM            476876800      1454   300000 SH       DEFINED 1          300000
SAIPEM                         COM            476876800      6059  1250000 SH       DEFINED 1         1250000
SAMSUNG ELECTRONICS            COM            677172000      1000     3300 SH       DEFINED 1            3300
SAMSUNG ELECTRONICS            COM            677172000      5001    16500 SH       DEFINED 1           16500
SANIX                          COM            685301500       981    14250 SH       DEFINED 1           14250
SANIX                          COM            685301500      4181    60750 SH       DEFINED 1           60750
SANMINA CORP                   COM            800907107      2270    33600 SH       DEFINED 1           33600
SANMINA CORP                   COM            800907107       297     4400 SH       DEFINED 1            4400
SANMINA CORP                   COM            800907107        27      400 SH       DEFINED 1             400
SANMINA CORP                   COM            800907107      9053   134000 SH       DEFINED 1          134000
SANTA FE INTERNATIONAL         COM            G7805C108       115     3100 SH       DEFINED 1            3100
SANTA FE INTERNATIONAL         COM            G7805C108      1036    28000 SH       DEFINED 1           28000
SANTA FE SNYDER CORP           COM            80218K105      1492   155000 SH       DEFINED 1          155000
SBC COMMUNICATIONS INCORPORATE COM            78387G103        28      663 SH       DEFINED 1             663
SBC COMMUNICATIONS INCORPORATE COM            78387G103     10138   241382 SH       DEFINED 1          241382
SCHLUMBERGER LIMITED           COM            806857108      2823    36900 SH       DEFINED 1           36900
SCHLUMBERGER LIMITED           COM            806857108       383     5000 SH       DEFINED 1            5000
SCHLUMBERGER LIMITED           COM            806857108     11812   154400 SH       DEFINED 1          154400
SCI SYSTEMS INC                COM            783890106      1345    25000 SH       DEFINED 1           25000
SCI SYSTEMS INC                CONVT          783890AF3      1522  1500000 PRN      DEFINED 1         1500000
SCI SYSTEMS INC                COM            783890106     22305   414500 SH       DEFINED 1          414500
SCI SYSTEMS INC                CONVT          783890AF3     37065 36000000 PRN      DEFINED 1        36000000
SCIENT                         COM            80864H109        73      800 SH       DEFINED 1             800
SCOTTISH POWER PLC             COM            069007000       728    90000 SH       DEFINED 1           90000
SCOTTISH POWER PLC             COM            069007000      3640   450000 SH       DEFINED 1          450000
SEACOR HOLDINGS INC            CONVT          811904AE1      5720  5900000 PRN      DEFINED 1         5900000
SECOM CO.                      COM            679159100      6853    80000 SH       DEFINED 1           80000
SECURITY CAPITAL GROUP         COM            81413P105     34082    49039 SH       DEFINED 1           49039
SECURITY CAPITAL GROUP         COM            81413P204      2606   180500 SH       DEFINED 1          180500
SECURITY CAPITAL US REALTY     COM            508741700     16167  1026464 SH       DEFINED 1         1026464
SECURITY CAPITAL US REALTY     COM            814136206      1638    99300 SH       DEFINED 1           99300
SEMTECH CORP                   COM            816850101      4472    69800 SH       DEFINED 1           69800
SEMTECH CORP                   COM            816850101       243     3800 SH       DEFINED 1            3800
SEMTECH CORP                   COM            816850101        51      800 SH       DEFINED 1             800
SEMTECH CORP                   COM            816850101     16432   256500 SH       DEFINED 1          256500
SERCO GROUP                    COM            079737900      1736    40000 SH       DEFINED 1           40000
SERCO GROUP                    COM            079737900      7597   175000 SH       DEFINED 1          175000
SERVICEMASTER CO               COM            81760N109        35     3100 SH       DEFINED 1            3100
SERVICEMASTER CO               COM            81760N109      5186   461000 SH       DEFINED 1          461000
SES ASTRA                      COM            549343400      3924    22500 SH       DEFINED 1           22500
SHIRE PHARMACEUTICALS GR-ADR   COM            82481R106       103     2000 SH       DEFINED 1            2000
SHOHKOH FUND                   COM            680571500       160     1100 SH       DEFINED 1            1100
SHOHKOH FUND                   COM            680571500      1305     9000 SH       DEFINED 1            9000
SIAM COMMERCIAL BANK - PFD. SH COM            615372600       340   425000 SH       DEFINED 1          425000
SIAM COMMERCIAL BANK - PFD. SH COM            615372600      1260  1575000 SH       DEFINED 1         1575000
SIAM COMMERCIAL BANK - WARRANT COM            615534600       115   425000 SH       DEFINED 1          425000
SIAM COMMERCIAL BANK - WARRANT COM            615534600       427  1575000 SH       DEFINED 1         1575000
SIEMENS AG                     COM            572797300      1870    13000 SH       DEFINED 1           13000
SIEMENS AG                     COM            572797300      9349    65000 SH       DEFINED 1           65000
SIMON PROPERTY GROUP INC       COM            828806109      4820   200852 SH       DEFINED 1          200852
SIMON PROPERTY GROUP INC       COM            828806109     15814   658932 SH       DEFINED 1          658932
SINGAPORE AIRLINES             COM            681173400       935   100000 SH       DEFINED 1          100000
SINGAPORE AIRLINES             COM            681173400      4674   500000 SH       DEFINED 1          500000
SINGULUS TECHNOLOGIES          COM            571866500      1371    14000 SH       DEFINED 1           14000
SINGULUS TECHNOLOGIES          COM            571866500      6269    64000 SH       DEFINED 1           64000
SK TELECOM                     COM            649565500       879      270 SH       DEFINED 1             270
SK TELECOM                     COM            649565500      4365     1340 SH       DEFINED 1            1340
SKANDIA FORSAKRINGS            COM            546157200      3308    70000 SH       DEFINED 1           70000
SKANDIA FORSAKRINGS            COM            546157200     16067   340000 SH       DEFINED 1          340000
SKY TV                         COM            609293700      1109   430000 SH       DEFINED 1          430000
SKY TV                         COM            609293700      5547  2150000 SH       DEFINED 1         2150000
SKYWEST INC                    COM            830879102        59     1500 SH       DEFINED 1            1500
SLM INTERNATIONAL INC          COM            784414203      1182   394015 SH       DEFINED 1          394015
SM PRIME HOLDINGS INC          COM            681884300        64   472000 SH       DEFINED 1          472000
SM PRIME HOLDINGS INC          COM            681884300       167  1228000 SH       DEFINED 1         1228000
SMARTFORCE PLC                 COM            83170A206      1514    33000 SH       DEFINED 1           33000
SMARTFORCE PLC                 COM            83170A206        23      500 SH       DEFINED 1             500
SMARTFORCE PLC                 COM            83170A206      6308   137500 SH       DEFINED 1          137500
SMITH INTERNATIONAL INC        COM            832110100      1256    16200 SH       DEFINED 1           16200
SMITHKLINE BEECHAM PLC         COM            013565600       989    75000 SH       DEFINED 1           75000
SMITHKLINE BEECHAM PLC         COM            013565600      4880   370000 SH       DEFINED 1          370000
SMURFIT-STONE CONTAINER CORP   COM            832727101       274    16200 SH       DEFINED 1           16200
SOFTBANK                       COM            677062000      2494     2800 SH       DEFINED 1            2800
SOFTBANK                       COM            677062000     10688    12000 SH       DEFINED 1           12000
SOL MELIA                      COM            573829800      5070   405000 SH       DEFINED 1          405000
SOLECTRON                      CONVT          834182AG2       999  1500000 PRN      DEFINED 1         1500000
SOLECTRON                      CONVT          834182AG2      9491 20000000 PRN      DEFINED 1        20000000
SOLECTRON                      CONVT          834182AJ6      2823  5000000 PRN      DEFINED 1         5000000
SONERA OYJ                     COM            555658600      2249    33000 SH       DEFINED 1           33000
SONERA OYJ                     COM            555658600     11038   162000 SH       DEFINED 1          162000
SONY CORPORATION               COM            682150600      1976    14000 SH       DEFINED 1           14000
SONY CORPORATION               COM            682150600      9880    70000 SH       DEFINED 1           70000
SORIANA                        COM            262017200      1143   246800 SH       DEFINED 1          246800
SORIANA                        COM            262017200      3895   841200 SH       DEFINED 1          841200
SOUTHWEST AIRLINES CO.         COM            844741108     18276   878150 SH       DEFINED 1          878150
SOVEREIGN BANCORP INC          CONVT          845905306       244     5000 SH       DEFINED 1            5000
SOVEREIGN BANCORP INC          COM            845905108      1358   179600 SH       DEFINED 1          179600
SOVEREIGN BANCORP INC          CONVT          845905306      4631    95000 SH       DEFINED 1           95000
SPIEKER PROPERTIES             COM            848497103      2924    65700 SH       DEFINED 1           65700
SPIEKER PROPERTIES             COM            848497103      7823   175800 SH       DEFINED 1          175800
SPLITROCK SERVICES INC         COM            848636304         0    10250 SH       DEFINED 1           10250
ST. GOBAIN FF100 CIE DE        COM            476837100       893     7000 SH       DEFINED 1            7000
ST. GOBAIN FF100 CIE DE        COM            476837100      3827    30000 SH       DEFINED 1           30000
STAGECOACH                     COM            041466700       871   450000 SH       DEFINED 1          450000
STAGECOACH                     COM            041466700      3774  1950000 SH       DEFINED 1         1950000
STANCORP FINANCIAL GROUP INC   COM            852891100     27375  1000000 SH       DEFINED 1         1000000
STAR GAS PARTNERS LP           COM            85512C105        85     6217 SH       DEFINED 1            6217
STARWOOD HOTELS & RESORTS WORL COM            85590A203       719    27400 SH       DEFINED 1           27400
STARWOOD HOTELS & RESORTS WORL COM            85590A203      4817   183507 SH       DEFINED 1          183507
STEINER LEISURE LTD            COM            P8744Y102      1255    65200 SH       DEFINED 1           65200
STEINER LEISURE LTD            COM            P8744Y102        19     1000 SH       DEFINED 1            1000
STEINER LEISURE LTD            COM            P8744Y102      4489   233200 SH       DEFINED 1          233200
STMICROELECTRONICS             COM            570138600      1835    10000 SH       DEFINED 1           10000
STMICROELECTRONICS             COM            570138600     11009    60000 SH       DEFINED 1           60000
STONE ENERGY CORP              COM            861642106      1876    38100 SH       DEFINED 1           38100
STONE ENERGY CORP              COM            861642106        89     1800 SH       DEFINED 1            1800
STONE ENERGY CORP              COM            861642106        34      700 SH       DEFINED 1             700
STONE ENERGY CORP              COM            861642106      7126   144700 SH       DEFINED 1          144700
STONERIDGE, INC.               COM            86183P102      1855   161300 SH       DEFINED 1          161300
STONERIDGE, INC.               COM            86183P102        25     2200 SH       DEFINED 1            2200
STONERIDGE, INC.               COM            86183P102      6700   582600 SH       DEFINED 1          582600
STORA ENSO                     COM            507267300      1017    95000 SH       DEFINED 1           95000
STORA ENSO                     COM            507267300      4014   375000 SH       DEFINED 1          375000
SUN MICROSYSTEMS INC           COM            866810104      4685    50000 SH       DEFINED 1           50000
SUN MICROSYSTEMS INC           COM            866810104      1124    12000 SH       DEFINED 1           12000
SUN MICROSYSTEMS INC           COM            866810104        37      400 SH       DEFINED 1             400
SUN MICROSYSTEMS INC           COM            866810104     30941   330200 SH       DEFINED 1          330200
SUPERIOR TRUST I               CONVT          86836P202      3029    97724 SH       DEFINED 1           97724
SVB HOLDINGS PLC               COM            086464800     20123  7437829 SH       DEFINED 1         7437829
SWIFT TRANSPORTATION CO. INC   COM            870756103      2437   118900 SH       DEFINED 1          118900
SWIFT TRANSPORTATION CO. INC   COM            870756103       132     6450 SH       DEFINED 1            6450
SWIFT TRANSPORTATION CO. INC   COM            870756103        33     1600 SH       DEFINED 1            1600
SWIFT TRANSPORTATION CO. INC   COM            870756103      9842   480100 SH       DEFINED 1          480100
SYBRON INTL                    COM            87114F106      4133   142500 SH       DEFINED 1          142500
SYBRON INTL                    COM            87114F106       128     4400 SH       DEFINED 1            4400
SYBRON INTL                    COM            87114F106        61     2100 SH       DEFINED 1            2100
SYBRON INTL                    COM            87114F106     15770   543800 SH       DEFINED 1          543800
TAKEDA                         COM            687044500      1421    20000 SH       DEFINED 1           20000
TAKEDA                         COM            687044500      6395    90000 SH       DEFINED 1           90000
TALBOTS, INC. (THE)            COM            874161102      3521    59800 SH       DEFINED 1           59800
TALBOTS, INC. (THE)            COM            874161102        59     1000 SH       DEFINED 1            1000
TALBOTS, INC. (THE)            COM            874161102     14748   250500 SH       DEFINED 1          250500
TANDBERG TELEVISION            COM            517669400       345    42900 SH       DEFINED 1           42900
TANDBERG TELEVISION            COM            517669400      1397   173900 SH       DEFINED 1          173900
TCI PACIFIC COMMUNICATIONS     CONVT          872294202       320     1000 SH       DEFINED 1            1000
TCI PACIFIC COMMUNICATIONS     CONVT          872294202      7105    79000 SH       DEFINED 1           79000
TECAN AG-REG                   COM            569620000       842     1200 SH       DEFINED 1            1200
TECAN AG-REG                   COM            569620000      4211     6000 SH       DEFINED 1            6000
TECHEM AG                      COM            589928100       573    20000 SH       DEFINED 1           20000
TECHEM AG                      COM            589928100      2867   100000 SH       DEFINED 1          100000
TELEFLEX INCORPORATED          COM            879369106      3333    93900 SH       DEFINED 1           93900
TELEFLEX INCORPORATED          COM            879369106        46     1300 SH       DEFINED 1            1300
TELEFLEX INCORPORATED          COM            879369106     14012   394700 SH       DEFINED 1          394700
TELEFONICA DE ESPANA           COM            573252400      2362    93636 SH       DEFINED 1           93636
TELEFONICA DE ESPANA           COM            573252400     11024   436964 SH       DEFINED 1          436964
TELEFONOS DE MEXICO (TELMEX)   COM            879403780      2010    30000 SH       DEFINED 1           30000
TELEFONOS DE MEXICO (TELMEX)   COM            879403780      7839   117000 SH       DEFINED 1          117000
TELELOGIC AB                   COM            563960300       541     6000 SH       DEFINED 1            6000
TELELOGIC AB                   COM            563960300      2704    30000 SH       DEFINED 1           30000
TELINFO STRIP RIGHTS           COM            507870100         0     4600 SH       DEFINED 1            4600
TELINFO STRIP RIGHTS           COM            507870100         0    18400 SH       DEFINED 1           18400
TELLABS INC                    COM            879664100      2519    40000 SH       DEFINED 1           40000
TELLABS INC                    COM            879664100       353     5600 SH       DEFINED 1            5600
TELLABS INC                    COM            879664100        25      400 SH       DEFINED 1             400
TELLABS INC                    COM            879664100     24054   381900 SH       DEFINED 1          381900
TELTRONICS INC                 COM            879698306         1      211 SH       DEFINED 1             211
TENET HEALTHCARE CORP          CONVT          88033GAD2       403   500000 PRN      DEFINED 1          500000
TETRA TECH INC.                COM            88162G103      4500   189493 SH       DEFINED 1          189493
TETRA TECH INC.                COM            88162G103       163     6850 SH       DEFINED 1            6850
TETRA TECH INC.                COM            88162G103        56     2375 SH       DEFINED 1            2375
TETRA TECH INC.                COM            88162G103     15969   672395 SH       DEFINED 1          672395
TEXAS INDUSTRIES (TXI CAPITAL  CONVT          873119200      6931   200000 SH       DEFINED 1          200000
TEXAS INSTRUMENTS INCORPORATED COM            882508104      4800    30000 SH       DEFINED 1           30000
TEXAS INSTRUMENTS INCORPORATED COM            882508104      1344     8400 SH       DEFINED 1            8400
TEXAS INSTRUMENTS INCORPORATED COM            882508104        96      600 SH       DEFINED 1             600
TEXAS INSTRUMENTS INCORPORATED COM            882508104     40992   256200 SH       DEFINED 1          256200
THE CORPORATE EXECUTIVE BOARD  COM            21988R102      2192    43200 SH       DEFINED 1           43200
THE CORPORATE EXECUTIVE BOARD  COM            21988R102       208     4100 SH       DEFINED 1            4100
THE CORPORATE EXECUTIVE BOARD  COM            21988R102        30      600 SH       DEFINED 1             600
THE CORPORATE EXECUTIVE BOARD  COM            21988R102      8937   176100 SH       DEFINED 1          176100
THE MANAGEMENT NETWORK GROUP   COM            561693102        62     2300 SH       DEFINED 1            2300
THE MANAGEMENT NETWORK GROUP   COM            561693102        22      800 SH       DEFINED 1             800
THOMPSON MULTIMEDIA            COM            580237500      1618    17101 SH       DEFINED 1           17101
THOMPSON MULTIMEDIA            COM            580237500      8108    85704 SH       DEFINED 1           85704
TIBCO SOFTWARE INC             COM            88632Q103      2934    36000 SH       DEFINED 1           36000
TIBCO SOFTWARE INC             COM            88632Q103      1793    22000 SH       DEFINED 1           22000
TIBCO SOFTWARE INC             COM            88632Q103       122     1500 SH       DEFINED 1            1500
TIBCO SOFTWARE INC             COM            88632Q103     16235   199200 SH       DEFINED 1          199200
TIFFANY & COMPANY              COM            886547108        25      300 SH       DEFINED 1             300
TIFFANY & COMPANY              COM            886547108      8212    98200 SH       DEFINED 1           98200
TIME WARNER INC                COM            887315109      5500    55000 SH       DEFINED 1           55000
TIME WARNER INC                COM            887315109       850     8500 SH       DEFINED 1            8500
TIME WARNER INC                COM            887315109        50      500 SH       DEFINED 1             500
TIME WARNER INC                COM            887315109     19600   196000 SH       DEFINED 1          196000
TOSCO CORP                     COM            891490302      4413   145000 SH       DEFINED 1          145000
TOSCO CORP                     COM            891490302       782    25700 SH       DEFINED 1           25700
TOSCO CORP                     COM            891490302        49     1600 SH       DEFINED 1            1600
TOSCO CORP                     COM            891490302     22524   740000 SH       DEFINED 1          740000
TOTAL FINA ELF                 COM            490541300      1966    13148 SH       DEFINED 1           13148
TOTAL FINA ELF                 COM            490541300      9721    65000 SH       DEFINED 1           65000
TOTAL RENAL CARE HOLDINGS, INC COM            89151A107       578   185100 SH       DEFINED 1          185100
TOTAL RENAL CARE HOLDINGS, INC COM            89151A107         8     2600 SH       DEFINED 1            2600
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TOWER AUTOMOTIVE, INC.         COM            891707101       154     9400 SH       DEFINED 1            9400
TOYOTA MOTOR                   COM            690064300      1255    24000 SH       DEFINED 1           24000
TOYOTA MOTOR                   COM            690064300      5541   106000 SH       DEFINED 1          106000
TRAMMELL CROW COMPANY          COM            89288R106      1112   100500 SH       DEFINED 1          100500
TRAMMELL CROW COMPANY          COM            89288R106        89     8000 SH       DEFINED 1            8000
TRAMMELL CROW COMPANY          COM            89288R106        17     1500 SH       DEFINED 1            1500
TRAMMELL CROW COMPANY          COM            89288R106      3588   324300 SH       DEFINED 1          324300
TRANSACTION SYSTEMS ARCHITECTS COM            893416107      1374    47600 SH       DEFINED 1           47600
TRANSACTION SYSTEMS ARCHITECTS COM            893416107        14      500 SH       DEFINED 1             500
TRANSACTION SYSTEMS ARCHITECTS COM            893416107      4265   147700 SH       DEFINED 1          147700
TRANSOCEAN SEDCO FOREX INC     COM            G90078109         0        2 SH       DEFINED 1               2
TREESOURCE INDUSTRIES INC      COM            894688100        25   354821 SH       DEFINED 1          354821
TRIBUNE COMPANY                COM            896047107     27583   754400 SH       DEFINED 1          754400
TRIZEC HAHN CORP               COM            896938107      1110    74000 SH       DEFINED 1           74000
TRIZEC HAHN CORP               COM            896938107      3422   228100 SH       DEFINED 1          228100
TRUE NORTH COMMUNICATIONS      COM            897844106     86047  2188799 SH       DEFINED 1         2188799
TUBOSCOPE VETCO INTERNATIONAL  COM            898600101     13174   774952 SH       DEFINED 1          774952
TYCO INTERNATIONAL LTD         COM            902124106      8479   170000 SH       DEFINED 1          170000
TYCO INTERNATIONAL LTD         COM            902124106       823    16500 SH       DEFINED 1           16500
TYCO INTERNATIONAL LTD         COM            902124106        65     1300 SH       DEFINED 1            1300
TYCO INTERNATIONAL LTD         COM            902124106     26713   535600 SH       DEFINED 1          535600
U S WEST INC NEW               COM            91273H101        29      400 SH       DEFINED 1             400
UNION PACIFIC CAP TRUST        CONVT          907824403       198     5000 SH       DEFINED 1            5000
UNION PACIFIC CAP TRUST        CONVT          907824403      5881   125000 SH       DEFINED 1          125000
UNITED OVERSEAS BANK LTD       COM            691678100      2269   369783 SH       DEFINED 1          369783
UNITED PAN-EUROPE COMM         COM            593133200      2170    46500 SH       DEFINED 1           46500
UNITED PAN-EUROPE COMM         COM            593133200      9800   210000 SH       DEFINED 1          210000
UNOCAL CORP                    CONVT          91528T207       444    10000 SH       DEFINED 1           10000
UNOCAL CORP                    CONVT          91528T207     20174   395000 SH       DEFINED 1          395000
URBAN SHOPPING CENTERS         COM            917060105       727    25000 SH       DEFINED 1           25000
URBAN SHOPPING CENTERS         COM            917060105      3226   111000 SH       DEFINED 1          111000
UTSTARCOM INC                  COM            918076100       242     3100 SH       DEFINED 1            3100
UTSTARCOM INC                  COM            918076100        78     1000 SH       DEFINED 1            1000
VENTANA MEDICAL SYSTEMS        COM            92276H106        65     1500 SH       DEFINED 1            1500
VERISIGN INC                   COM            92343E102      1450     9700 SH       DEFINED 1            9700
VERISIGN INC                   COM            92343E102      5681    38000 SH       DEFINED 1           38000
VESTAS WIND SYSTEMS            COM            544489600      5961    16400 SH       DEFINED 1           16400
VESTAS WIND SYSTEMS            COM            544489600     27114    74600 SH       DEFINED 1           74600
VIACOM INCORPORATED- CL B      COM            925524308      3165    60000 SH       DEFINED 1           60000
VIACOM INCORPORATED- CL B      COM            925524308       675    12800 SH       DEFINED 1           12800
VIACOM INCORPORATED- CL B      COM            925524308        32      600 SH       DEFINED 1             600
VIACOM INCORPORATED- CL B      COM            925524308     15614   296000 SH       DEFINED 1          296000
VIANT                          COM            92553N107        94     2800 SH       DEFINED 1            2800
VIASYSTEMS GROUP INC           COM            92553H100        85     5500 SH       DEFINED 1            5500
VIATEL                         COM            925529208       668    12454 SH       DEFINED 1           12454
VIVENDI                        COM            568723700      1747    15175 SH       DEFINED 1           15175
VIVENDI                        COM            568723700      8637    75000 SH       DEFINED 1           75000
VODAFONE AIRTOUCH PLC          COM            071921000      3886   700000 SH       DEFINED 1          700000
VODAFONE AIRTOUCH PLC          COM            071921000     21097  3800000 SH       DEFINED 1         3800000
VORNADO OPERATING COMPANY      COM            92904N103       192    15000 SH       DEFINED 1           15000
VORNADO REALTY TRUST           COM            929042109       570    17000 SH       DEFINED 1           17000
VORNADO REALTY TRUST           COM            929042109      4188   125000 SH       DEFINED 1          125000
VORNADO REALTY TRUST           CONVT          929042208     15588   306500 SH       DEFINED 1          306500
WAL-MART STORES                COM            931142103      5217    94000 SH       DEFINED 1           94000
WAL-MART STORES                COM            931142103       888    16000 SH       DEFINED 1           16000
WAL-MART STORES                COM            931142103       111     2000 SH       DEFINED 1            2000
WAL-MART STORES                COM            931142103     50882   916800 SH       DEFINED 1          916800
WALGREEN COMPANY               COM            931422109      6438   250000 SH       DEFINED 1          250000
WALGREEN COMPANY               COM            931422109       610    23700 SH       DEFINED 1           23700
WALGREEN COMPANY               COM            931422109        77     3000 SH       DEFINED 1            3000
WALGREEN COMPANY               COM            931422109     36768  1427900 SH       DEFINED 1         1427900
WARNER-LAMBERT COMPANY         COM            934488107      2925    30000 SH       DEFINED 1           30000
WARNER-LAMBERT COMPANY         COM            934488107        88      900 SH       DEFINED 1             900
WARNER-LAMBERT COMPANY         COM            934488107     19286   197800 SH       DEFINED 1          197800
WEATHERFORD INT'L INC          COM            947074100      3619    61400 SH       DEFINED 1           61400
WEATHERFORD INT'L INC          COM            947074100       124     2100 SH       DEFINED 1            2100
WEATHERFORD INT'L INC          COM            947074100        59     1000 SH       DEFINED 1            1000
WEATHERFORD INT'L INC          COM            947074100     15259   258900 SH       DEFINED 1          258900
WEATHERFORD INTL INC           CONVT          268939402     12572   355200 SH       DEFINED 1          355200
WELFIDE CORP                   COM            698750500       955    68500 SH       DEFINED 1           68500
WELFIDE CORP                   COM            698750500      2516   180500 SH       DEFINED 1          180500
WESLEY JESSEN VISIONCARE       COM            951018100      4614   128400 SH       DEFINED 1          128400
WESLEY JESSEN VISIONCARE       COM            951018100        86     2400 SH       DEFINED 1            2400
WESLEY JESSEN VISIONCARE       COM            951018100        68     1900 SH       DEFINED 1            1900
WESLEY JESSEN VISIONCARE       COM            951018100     17113   476200 SH       DEFINED 1          476200
WHITEHALL JEWELLERS INC        COM            965063100       989    42100 SH       DEFINED 1           42100
WHITEHALL JEWELLERS INC        COM            965063100        34     1450 SH       DEFINED 1            1450
WHITEHALL JEWELLERS INC        COM            965063100        13      550 SH       DEFINED 1             550
WHITEHALL JEWELLERS INC        COM            965063100      3909   166350 SH       DEFINED 1          166350
WILLIAMS COMMUNICATIONS GROUP, COM            969455104      4166    80400 SH       DEFINED 1           80400
WILLIAMS COMMUNICATIONS GROUP, COM            969455104       674    13000 SH       DEFINED 1           13000
WILLIAMS COMMUNICATIONS GROUP, COM            969455104        47      900 SH       DEFINED 1             900
WILLIAMS COMMUNICATIONS GROUP, COM            969455104     21445   413900 SH       DEFINED 1          413900
WILLIAMS PLC                   COM            029031700      1013   200000 SH       DEFINED 1          200000
WILLIAMS PLC                   COM            029031700      5066  1000000 SH       DEFINED 1         1000000
WOODSIDE PETROLEUM LTD         COM            697972800      1986   330000 SH       DEFINED 1          330000
WYNDHAM INTERNATIONAL INC      COM            983101106       138    73387 SH       DEFINED 1           73387
WYNDHAM INTERNATIONAL INC      COM            983101106       631   336384 SH       DEFINED 1          336384
YAMADA DENKI                   COM            698502600      1519    15000 SH       DEFINED 1           15000
YAMADA DENKI                   COM            698502600      7087    70000 SH       DEFINED 1           70000
YOUNG & RUBICAM INC            COM            987425105       451     9600 SH       DEFINED 1            9600
ZHENHAI REFINING & CHEM        CONVT          98949RAA6      1530  1500000 PRN      DEFINED 1         1500000
</TABLE>


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