<PAGE>
UNITED STATES
SECURITIES & EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 1999
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Schroder & Co. Inc.
Equitable Center
787 7th Avenue
New York, NY 10019-6016
Form 13F File Number: 28-652
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: Patrick J. Borruso
Title: Secretary
Phone: (212) 492-6000
Signature, Place, and Date of Signing:
/s/ Patrick J. Borruso
- ---------------------------- New York, NY November 3, 1999
[Signature] [City, State] [Date]
Report Type (Check only one.):
[x] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 537
Form 13F Information Table Value Total (thousands): $1,062,627
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
NONE
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<CAPTION>
FORM 13F INFORMATION TABLE
COL-
UMN
COLUMN 1 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
- ------------------------- ---- -------- -------- -------------------- -------- -------- -----------------------------
INVEST- VOTING AUTHORITY
TITLE MENT
NAME OF ISSUER OF VALUE SHRS OR SH/ PUT/ DISCRE- OTHER
CLASS CUSIP (X$1000) PRN AMT PRN CALL TION MANAGERS SOLE SHARED* NONE
- ------------------------- ----- --------- -------- ------- --- ----- ------- -------- -------- ------- -------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
DAIMLERCHRYSLER AG ORD COM D1668R123 353 5,093 SH SHAR X 5,093
GLOBAL CROSSING LTD ORD COM G3921A100 479 18,092 SH SHAR X 17,810 282
GLOBAL CROSSING LTD ORD OPT G3921A 458 17,300 SH SHAR X 17,300
GLOBALSTAR TELECOMMUNICA COM G3930H104 470 20,450 SH SHAR X 20,450
IRIDIUM WORLD COMM INC OPT G49398 30 10,000 SH SHAR X 10,000
LORAL SPACE & COMMUNICAT COM G56462107 871 50,700 SH SHAR X 50,700
PARTNERRE LTD. COM COM G6852T105 608 17,500 SH SHAR X 17,500
XL CAPITAL LTD COM G98255105 399 8,879 SH SHAR X 8,879
GILAT SATELLITE NETWORKS COM M51474100 413 7,710 SH SHAR X 7,710
AFC CABLE SYS INC COM COM 000950105 357 8,400 SH SHAR X 8,400
AMFM INC COM 001693100 2,088 34,375 SH SHAR X 34,375
AMR CORP DEL COM COM 001765106 1,384 25,400 SH SHAR X 25,400
AMR CORP DEL COM OPT 001765 1,471 27,000 SH SHAR X 27,000
AT&T CORP COM 001957109 9,238 212,371 SH SHAR X 15,000 197,371
AT&T CORP COM 001957208 10,191 273,139 SH SHAR X 273,139
AT&T CORP OPT 001957 852 19,600 SH SHAR X 19,600
AASTROM BIOSCIENCES INC COM 00253U107 19 15,000 SH SHAR X 15,000
ABACUS DIRECT CORP COM COM 002553105 1,072 8,800 SH SHAR X 8,800
ABBOTT LABS COM COM 002824100 2,721 74,176 SH SHAR X 74,176
ABBOTT LABS COM OPT 002824 550 15,000 SH SHAR X 15,000
ADOBE SYS INC COM COM 00724F101 1,567 13,810 SH SHAR X 13,810
ALASKA AIR GROUP INC COM COM 011659109 9,769 240,100 SH SHAR X 240,100
ALASKA AIR GROUP INC COM OPT 011659 2,034 50,000 SH SHAR X 50,000
ALCOA INC COM COM 013817101 434 7,000 SH SHAR X 7,000
ALCOA INC COM OPT 013817 496 8,000 SH SHAR X 8,000
ALCATEL COM 013904305 832 30,000 SH SHAR X 30,000
ALLIED SIGNAL INC COM COM 019512102 3,596 59,996 SH SHAR X 59,996
ALLSTATE CORP COM COM 020002101 531 21,315 SH SHAR X 21,315
ALZA CORP COM COM 022615108 11,431 267,020 SH SHAR X 248,200 18,820
ALZA CORP COM OPT 022615 1,905 44,500 SH SHAR X 44,500
AMERADA HESS CORP COM COM 023551104 897 14,650 SH SHAR X 14,650
AMERICA ONLINE INC DEL C COM 02364J104 8,742 84,012 SH SHAR X 18,000 66,012
AMERICA ONLINE INC DEL C OPT 02364J 2,185 21,000 SH SHAR X 21,000
AMERICAN EXPRESS CO COM COM 025816109 6,109 45,253 SH SHAR X 45,253
AMERICAN GEN CORP COM COM 026351106 304 4,819 SH SHAR X 4,819
AMERICAN HOME PRODS CORP COM 026609107 3,400 81,944 SH SHAR X 81,944
AMERICAN INTL GROUP INC COM 026874107 29,990 344,967 SH SHAR X 344,967
AMERICAN RETIREMENT CORP DEBT 028913AA9 3,898 5,415,000 SH SHAR X 5,190,000 225,000
AMERICAN WTR WKS INC COM OPT 030411 289 10,000 SH SHAR X 10,000
AMERICREDIT CORP COM COM 03060R101 206 13,800 SH SHAR X 13,800
AMERITECH CORP NEW COM COM 030954101 2,147 32,176 SH SHAR X 32,176
AMGEN INC COM COM 031162100 2,898 35,566 SH SHAR X 35,566
ANALOG DEVICES INC COM COM 032654105 338 6,598 SH SHAR X 6,598
ANALOG DEVICES INC COM OPT 032654 2,562 50,000 SH SHAR X 50,000
ANALOG DEVICES INC COM OPT 032654 256 5,000 SH SHAR X 5,000
ANHEUSER BUSCH COS INC C COM 035229103 1,135 16,200 SH SHAR X 3,500 12,700
ANSWERTHINK CONSULTING G COM 036916104 121 12,587 SH SHAR X 12,587
APPLIED MAGNETICS CORP C COM 038213104 8 10,000 SH SHAR X 10,000
APPLIED MATLS INC COM COM 038222105 435 5,600 SH SHAR X 5,600
ARCHER DANIELS MIDLAND C COM 039483102 227 18,781 SH SHAR X 5,000 13,781
ARCHER DANIELS MIDLAND C OPT 039483 127 10,500 SH SHAR X 10,500
ASIA PACIFIC RES LTD COM COM 044902104 47 34,000 SH SHAR X 34,000
ASIA PULP & PAPER LTD COM 04516V209 25 31,000 SH SHAR X 31,000
ASSISTED LIVING CONCEPTS DEBT 04543LAD1 2,529 4,685,000 SH SHAR X 4,635,000 50,000
ASSISTED LIVING CONCEPTS DEBT 04543LAE9 2,532 4,700,000 SH SHAR X 4,700,000
ASSOCIATED GROUP INC COM 045651106 411 6,800 SH SHAR X 6,800
ASSOCIATED GROUP INC COM 045651205 641 10,600 SH SHAR X 10,600
ATLANTIC RICHFIELD CO CO COM 048825103 2,793 31,524 SH SHAR X 4,000 27,524
AUTOMATIC DATA PROCESSIN COM 053015103 1,209 27,100 SH SHAR X 27,100
AUTOMATIC DATA PROCESSIN OPT 053015 3,619 81,100 SH SHAR X 81,100
AVERY DENNISON CORP COM COM 053611109 2,827 53,600 SH SHAR X 53,600
AVIRON DEBT 053762AA8 807 885,000 SH SHAR X 885,000
BP AMOCO PLC COM 055622104 2,532 22,857 SH SHAR X 22,857
BMC SOFTWARE INC COM COM 055921100 295 4,135 SH SHAR X 4,135
BANK AMER CORP COM COM 060505104 3,257 58,492 SH SHAR X 32,300 26,192
BANK AMER CORP COM OPT 060505 556 10,000 SH SHAR X 10,000
BANK AMER CORP COM OPT 060505 1,392 25,000 SH SHAR X 25,000
BANK NEW YORK INC COM COM 064057102 1,608 48,100 SH SHAR X 48,100
BANK ONE CORP COM COM 06423A103 732 21,030 SH SHAR X 21,030
BANKATLANTIC BANCORP INC COM 065908105 73 11,582 SH SHAR X 11,582
BARRICK GOLD CORP COM COM 067901108 874 40,200 SH SHAR X 40,200
BARRICK GOLD CORP COM OPT 067901 1,087 50,000 SH SHAR X 50,000
BAXTER INTL INC COM COM 071813109 1,314 21,823 SH SHAR X 21,823
BECTON DICKINSON & CO CO COM 075887109 328 11,700 SH SHAR X 11,700
BECTON DICKINSON & CO CO OPT 075887 381 13,600 SH SHAR X 13,600
BELL ATLANTIC CORP COM COM 077853109 1,908 28,354 SH SHAR X 28,354
BELL ATLANTIC CORP COM OPT 077853 2,355 35,000 SH SHAR X 35,000
BELLSOUTH CORP COM COM 079860102 1,377 30,608 SH SHAR X 30,608
BERINGER WINE ESTATES HL COM 084102102 320 7,800 SH SHAR X 7,800
BERKSHIRE HATHAWAY INC D COM 084670207 1,952 1,052 SH SHAR X 1,052
BESTFOODS COM COM 08658U101 5,034 103,665 SH SHAR X 103,665
BIG FLOWER HLDGS INC COM COM 089159107 209 7,400 SH SHAR X 7,400
BOEING CO COM COM 097023105 1,552 36,432 SH SHAR X 4,000 32,432
BONDED MTRS INC COM COM 097894109 42 12,171 SH SHAR X 12,171
BORDEN CHEMS & PLASTICS COM 099541203 44 10,800 SH SHAR X 10,800
BOSTON SCIENTIFIC CORP C COM 101137107 1,331 53,785 SH SHAR X 1,000 52,785
BRASS EAGLE INC COM COM 10553F106 223 17,000 SH SHAR X 17,000
BRILLIANT DIGITAL ENTMT COM 109502104 35 10,000 SH SHAR X 10,000
BRISTOL MYERS SQUIBB CO COM 110122108 4,984 73,849 SH SHAR X 73,849
BRISTOL MYERS SQUIBB CO OPT 110122 4,556 67,500 SH SHAR X 67,500
BROWN FORMAN CORP COM 115637100 349 6,000 SH SHAR X 6,000
BROWN TOM INC COM 115660201 182 12,358 SH SHAR X 8 12,350
BURLINGTON NORTHN SANTA COM 12189T104 1,160 42,187 SH SHAR X 42,187
BURLINGTON RES INC COM COM 122014103 1,164 31,678 SH SHAR X 31,678
CCA COS INC COM COM 124863101 6 12,000 SH SHAR X 12,000
CBS CORP COM COM 12490K107 1,851 40,023 SH SHAR X 40,023
CD RADIO INC COM COM 125127100 226 8,900 SH SHAR X 8,900
CIGNA HIGH INCOME SHS COM 12551D109 155 23,000 SH SHAR X 23,000
CMGI INC COM COM 125750109 203 1,990 SH SHAR X 1,990
CSX CORP COM COM 126408103 219 5,180 SH SHAR X 5,180
CTS CORP COM 126501105 770 13,400 SH SHAR X 13,400
CVS CORP COM COM 126650100 926 22,700 SH SHAR X 22,700
CABLETRON SYS INC COM OPT 126920 392 25,000 SH SHAR X 25,000
CAMPBELL SOUP CO COM COM 134429109 266 6,800 SH SHAR X 6,800
CANANDAIGUA BRANDS INC C COM 137219200 310 5,200 SH SHAR X 5,200
CANDIES INC COM COM 137409108 30 10,000 SH SHAR X 10,000
CARNIVAL CORP COM COM 143658102 996 22,900 SH SHAR X 22,900
CARRIZO OIL & GAS INC CO COM 144577103 150 77,433 SH SHAR X 75,233 2,200
CASE CORP COM COM 14743R103 1,882 37,800 SH SHAR X 37,800
CASE CORP COM OPT 14743R 1,942 39,000 SH SHAR X 39,000
CELLNET DATA SYS INC COM OPT 15115M 73 18,700 SH SHAR X 18,700
CEMEX S A COM 151290889 268 11,124 SH SHAR X 11,124
CENTER TR INC DEBT 151845AA2 1,861 1,954,000 SH SHAR X 1,954,000
CENTOCOR INC COM COM 152342101 1,291 22,052 SH SHAR X 12,252 9,800
CENTOCOR INC DEBT 152342AE1 1,441 1,100,000 SH SHAR X 1,100,000
CENTOCOR INC COM OPT 152342 732 12,500 SH SHAR X 12,500
CENTURA BKS INC COM COM 15640T100 1,265 30,593 SH SHAR X 30,593
CENTURYTEL INC COM COM 156700106 1,057 26,035 SH SHAR X 26,035
CHANNELL COMERCIAL CORP COM 159186105 248 24,585 SH SHAR X 18,585 6,000
CHASE MANHATTAN CORP NEW COM 16161A108 3,076 40,812 SH SHAR X 40,812
CHESAPEAKE ENERGY CORP C COM 165167107 77 20,000 SH SHAR X 20,000
CHEVRON CORP COM COM 166751107 1,813 20,433 SH SHAR X 20,433
CHEVRON CORP COM OPT 166751 887 10,000 SH SHAR X 10,000
CHINA TELECOM HONG KONG OPT 169428 1,236 20,000 SH SHAR X 20,000
CHOCK FULL O NUTS CORP C COM 170268106 176 16,230 SH SHAR X 13,800 2,430
CHUBB CORP COM COM 171232101 2,374 47,850 SH SHAR X 47,850
CINERGY CORP COM COM 172474108 346 12,232 SH SHAR X 12,232
CISCO SYS INC COM COM 17275R102 5,206 75,931 SH SHAR X 75,931
CISCO SYS INC COM OPT 17275R 685 10,000 SH SHAR X 10,000
CINTAS CORP COM COM 172908105 13,552 234,417 SH SHAR X 234,417
CITIGROUP INC COM COM 172967101 6,259 142,263 SH SHAR X 142,263
CITIGROUP INC COM OPT 172967 308 7,000 SH SHAR X 7,000
CLEAR CHANNEL COMMUNICAT COM 184502102 1,524 19,090 SH SHAR X 19,090
CLOROX CO COM 189054109 511 13,380 SH SHAR X 12,200 1,180
CLOROX CO OPT 189054 1,090 28,500 SH SHAR X 28,500
CLOROX CO OPT 189054 466 12,200 SH SHAR X 12,200
COAST FED LITIGATION CON COM 19034Q110 182 176,900 SH SHAR X 176,800 100
COCA COLA CO COM COM 191216100 9,655 200,111 SH SHAR X 93,000 107,111
COCA COLA CO COM OPT 191216 4,583 95,000 SH SHAR X 95,000
COFLEXIP COM 192384105 334 7,000 SH SHAR X 7,000
COLGATE PALMOLIVE CO COM 194162103 4,024 87,970 SH SHAR X 87,970
COLUMBIA ENERGY GROUP CO COM 197648108 838 15,150 SH SHAR X 15,000 150
COLUMBIA ENERGY GROUP CO OPT 197648 886 16,000 SH SHAR X 16,000
COMCAST CORP COM 200300200 554 13,900 SH SHAR X 13,900
COMFORCE CORP COM COM 20038K109 38 17,400 SH SHAR X 17,400
COMPAQ COMPUTER CORP COM COM 204493100 413 18,080 SH SHAR X 18,080
COMPUTER ASSOC INTL INC COM 204912109 652 10,675 SH SHAR X 10,675
COMPUTER SCIENCES CORP C COM 205363104 1,613 22,950 SH SHAR X 22,950
COMSAT CORP COM 20564D107 468 15,811 SH SHAR X 14,960 851
COMVERSE TECHNOLOGY INC COM 205862402 848 9,000 SH SHAR X 9,000
CONOCO INC COM 208251405 308 11,285 SH SHAR X 11,285
CONSOLIDATED NAT GAS CO COM 209615103 1,022 16,400 SH SHAR X 15,200 1,200
CORN PRODS INTL INC COM COM 219023108 337 11,087 SH SHAR X 11,087
CORNING INC COM COM 219350105 239 3,500 SH SHAR X 3,500
CORPORATE EXPRESS INC CO COM 219888104 94 10,000 SH SHAR X 10,000
COSTCO WHSL CORP NEW COM 22160K105 298 4,151 SH SHAR X 4,151
COX COMMUNICATIONS INC N OPT 224044 3,340 80,000 SH SHAR X 80,000
CRESCENDO PHARMACEUTICAL COM 225637107 241 13,364 SH SHAR X 11,800 1,564
CROWN CORK & SEAL INC CO COM 228255105 546 22,550 SH SHAR X 22,550
CUBIST PHARMACEUTICALS I COM 229678107 214 25,000 SH SHAR X 25,000
DATA GEN CORP COM COM 237688106 935 44,400 SH SHAR X 44,400
DATAWATCH CORP COM COM 237917109 12 12,311 SH SHAR X 12,311
DAYTON HUDSON CORP COM COM 239753106 900 15,000 SH SHAR X 15,000
DAYTON HUDSON CORP COM OPT 239753 1,201 20,000 SH SHAR X 20,000
DELL COMPUTER CORP COM 247025109 970 23,214 SH SHAR X 204 23,010
DELTA $ PINE LD CO COM COM 247357106 1,448 55,982 SH SHAR X 8,200 47,782
DELTA AIR LINES INC DEL COM 247361108 15,458 318,738 SH SHAR X 318,000 738
DELTA AIR LINES INC DEL OPT 247361 13,677 282,000 SH SHAR X 282,000
DENISON INTL PLC COM 248335101 256 22,090 SH SHAR X 18,490 3,600
DEXTER CORP COM COM 252165105 1,462 39,200 SH SHAR X 39,200
DIAMOND OFFSHORE DRILLIN OPT 25271C 667 20,000 SH SHAR X 20,000
DILLARDS INC COM 254067101 243 12,000 SH SHAR X 12,000
DISNEY WALT CO COM COM 254687106 6,934 266,698 SH SHAR X 266,698
DONALDSON LUFKIN & JENRE COM 257661108 530 13,403 SH SHAR X 9,003 4,400
DONALDSON LUFKIN & JENRE OPT 257661 356 9,000 SH SHAR X 9,000
DOVER CORP COM COM 260003108 327 8,000 SH SHAR X 8,000
DOW JONES & CO INC COM COM 260561105 242 4,550 SH SHAR X 4,550
DU PONT E I DE NEMOURS & COM 263534109 3,401 56,221 SH SHAR X 5,000 51,221
DU PONT E I DE NEMOURS & OPT 263534 605 10,000 SH SHAR X 10,000
DUFF & PHELPS CR RATING COM 26432F109 1,782 22,300 SH SHAR X 22,300
DUFF & PHELPS UTILS INCO COM 264324104 292 30,160 SH SHAR X 30,160
DUFF & PHELPS UTILS TAX COM 264325101 245 16,300 SH SHAR X 16,300
DUKE ENERGY CORP COM COM 264399106 3,718 67,456 SH SHAR X 35,000 32,456
E4L INC COM COM 268452109 57 15,000 SH SHAR X 15,000
E M C CORP MASS COM COM 268648102 7,405 103,750 SH SHAR X 103,750
E M C CORP MASS COM OPT 268648 713 10,000 SH SHAR X 10,000
E TRADE GROUP INC COM OPT 269246 1,175 50,000 SH SHAR X 50,000
EASTERN ENTERPRISES COM COM 27637F100 469 10,100 SH SHAR X 10,100
EASTMAN KODAK CO COM COM 277461109 1,997 26,412 SH SHAR X 26,412
ELECTRONIC ARTS COM 285512109 745 10,300 SH SHAR X 10,300
ELF AQUITAINE COM 286269105 2,318 25,300 SH SHAR X 25,000 300
EMERSON ELEC CO COM COM 291011104 693 10,968 SH SHAR X 10,968
ENRON CORP COM 293561106 4,790 116,674 SH SHAR X 116,674
EQUITY RESIDENTIAL PPTYS COM 29476L107 237 5,600 SH SHAR X 5,600
ERICSSON L M TEL CO COM 294821400 482 15,454 SH SHAR X 15,454
EVANS & SUTHERLAND COMPU COM 299096107 221 17,903 SH SHAR X 2,403 15,500
EVEREN CAPITAL CORP COM COM 299761106 348 11,800 SH SHAR X 11,800
EXXON CORP COM COM 302290101 6,614 87,029 SH SHAR X 87,029
FPL GROUP INC COM COM 302571104 1,016 20,174 SH SHAR X 20,174
FDX CORP COM COM 31304N107 2,723 70,048 SH SHAR X 70,048
FDX CORP COM OPT 31304N 831 21,400 SH SHAR X 21,400
FEDERAL HOME LN MTG CORP COM 313400301 324 6,243 SH SHAR X 6,243
FEDERAL MOGUL CORP COM COM 313549107 606 22,000 SH SHAR X 20,000 2,000
FANNIE MAE COM COM 313586109 1,170 18,678 SH SHAR X 18,678
FINANCIAL FED CORP COM COM 317492106 1,307 69,728 SH SHAR X 69,728
FIRST AUSTRALIA PRIME IN COM 318653102 410 67,097 SH SHAR X 67,097
FIRST AMERN CORP TENN CO COM 318900107 748 17,200 SH SHAR X 13,200 4,000
FIRST UN CORP COM COM 337358105 1,188 33,370 SH SHAR X 33,370
FIRSTCOM CORP COM 33763T104 100 10,050 SH SHAR X 10,050
FLEET FINL GROUP INC NEW COM 338915101 1,148 31,360 SH SHAR X 31,360
FLEET FINL GROUP INC NEW 338915119 371 11,200 SH SHAR X 11,200
FORD MTR CO DEL COM COM 345370100 604 12,030 SH SHAR X 12,030
FORTE SOFTWARE INC COM 349546101 485 17,640 SH SHAR X 17,640
FRONTIER CORP COM COM 35906P105 652 12,034 SH SHAR X 10,000 2,034
G&L RLTY CORP COM COM 361271109 408 46,300 SH SHAR X 46,300
GATX CORP COM COM 361448103 299 9,654 SH SHAR X 9,654
GC COS INC COM COM 36155Q109 258 8,600 SH SHAR X 8,600
GTE CORP COM COM 362320103 4,220 54,907 SH SHAR X 54,907
GANNETT INC COM COM 364730101 3,473 50,200 SH SHAR X 50,200
GAP INC COM COM 364760108 1,752 54,779 SH SHAR X 54,779
GARTNER GROUP INC NEW COM 366651107 225 14,100 SH SHAR X 14,100
GENERAL ELEC CO COM COM 369604103 11,191 94,390 SH SHAR X 23,000 71,390
GENERAL ELEC CO COM OPT 369604 3,556 30,000 SH SHAR X 30,000
GENERAL INSTR CORP DEL C COM 370120107 403 8,400 SH SHAR X 8,200 200
GENERAL INSTR CORP DEL C OPT 370120 1,200 25,000 SH SHAR X 25,000
GENERAL MAGIC INC COM COM 370253106 95 50,000 SH SHAR X 50,000
GENERAL MAGIC INC COM OPT 370253 95 50,000 SH SHAR X 50,000
GENERAL MLS INC COM COM 370334104 2,496 30,770 SH SHAR X 30,770
GENERAL MTRS CORP COM COM 370442105 652 10,370 SH SHAR X 10,370
GENERAL MTRS CORP COM 370442832 3,417 59,698 SH SHAR X 59,698
GENERAL MTRS CORP COM OPT 370442 2,807 44,600 SH SHAR X 44,600
GENESEE & WYO INC COM 371559105 134 11,868 SH SHAR X 11,568 300
GEORGIA PAC GROUP COM 373298108 202 5,000 SH SHAR X 5,000
GILLETTE CO COM COM 375766102 763 22,499 SH SHAR X 22,499
GLAXO WELLCOME PLC COM 37733W105 1,897 36,493 SH SHAR X 36,493
GOLDEN ST BANCORP INC 381197136 57 48,213 SH SHAR X 36 48,177
GOLDMAN SACHS GROUP INC COM 38141G104 1,233 20,220 SH SHAR X 20,000 220
GOLDMAN SACHS GROUP INC OPT 38141G 1,586 26,000 SH SHAR X 25,000 1,000
GOODRICH B F CO COM OPT 382388 13,659 471,000 SH SHAR X 471,000
GRANITE CONSTR INC COM COM 387328107 390 14,990 SH SHAR X 14,990
GRUPO TRIBASA S A DE C V COM 40049F105 5 10,000 SH SHAR X 10,000
GRUPO TELEVISA S A DE CV COM 40049J206 399 10,000 SH SHAR X 10,000
GUIDANT CORP COM COM 401698105 225 4,205 SH SHAR X 4,205
GULFMARK OFFSHORE INC CO COM 402629109 284 15,812 SH SHAR X 15,812
HALLIBURTON CO COM COM 406216101 1,633 39,850 SH SHAR X 33,500 6,350
HALLIBURTON CO COM OPT 406216 1,025 25,000 SH SHAR X 25,000
HANNAFORD BROS CO COM COM 410550107 1,176 16,700 SH SHAR X 15,600 1,100
HARCOURT GEN INC COM COM 41163G101 5,751 138,175 SH SHAR X 138,175
HARLEY DAVIDSON INC COM COM 412822108 263 5,265 SH SHAR X 5,265
HARTFORD FINL SVCS GROUP COM 416515104 1,635 40,010 SH SHAR X 40,010
HAWK CORP COM 420089104 70 13,500 SH SHAR X 13,500
HEINZ H J CO COM COM 423074103 765 17,810 SH SHAR X 17,810
HERSHEY FOODS CORP COM COM 427866108 248 5,100 SH SHAR X 5,100
HEWLETT PACKARD CO COM COM 428236103 5,101 56,220 SH SHAR X 56,220
HILTON HOTELS CORP COM COM 432848109 592 60,000 SH SHAR X 11,000 49,000
HILTON HOTELS CORP COM OPT 432848 98 10,000 SH SHAR X 10,000
HOME DEPOT INC COM COM 437076102 4,411 64,280 SH SHAR X 64,280
HOME DEPOT INC COM OPT 437076 2,401 35,000 SH SHAR X 35,000
HOME DEPOT INC COM OPT 437076 4,117 60,000 SH SHAR X 60,000
HONEYWELL INC COM COM 438506107 239 2,150 SH SHAR X 200 1,950
HOST MARRIOTT CORP NEW C COM 44107P104 142 15,007 SH SHAR X 15,000 7
HURRICANE HYDROCARBONS L COM 44779E106 6 15,000 SH SHAR X 15,000
IMS HEALTH INC COM COM 449934108 496 21,750 SH SHAR X 21,750
IXC COMMUNICATIONS INC C COM 450713102 883 22,400 SH SHAR X 22,400
ILLINOIS TOOL WKS INC CO COM 452308109 10,771 144,460 SH SHAR X 144,460
ILLINOIS TOOL WKS INC CO OPT 452308 745 10,000 SH SHAR X 10,000
IMAX CORP COM COM 45245E109 420 21,000 SH SHAR X 21,000
IMMULOGIC PHARMACEUTICAL COM 45252R100 8 36,800 SH SHAR X 36,800
IMPATH INC COM COM 45255G101 986 33,888 SH SHAR X 1,938 31,950
INFINITY BROADCASTING CO COM 45662S102 619 21,150 SH SHAR X 21,150
INTEL CORP COM 458140100 36,808 495,317 SH SHAR X 495,317
INTEL CORP OPT 458140 371 5,000 SH SHAR X 5,000
INTERNATIONAL BUSINESS M COM 459200101 10,032 82,916 SH SHAR X 82,916
INTERNATIONAL FLAVORS & COM 459506101 600 17,402 SH SHAR X 17,402
INTERNATIONAL NETWORK SV COM 460053101 1,305 24,000 SH SHAR X 20,800 3,200
INTERNATIONAL PAPER CO C COM 460146103 475 9,886 SH SHAR X 9,886
INTERNATIONAL SPECIALTY COM 460337108 119 12,000 SH SHAR X 12,000
INTERPUBLIC GROUP COS IN COM 460690100 4,034 98,108 SH SHAR X 98,108
IVAX CORP DEBT 465823AA0 1,162 1,200,000 SH SHAR X 20,000 1,180,000
IVAX CORP COM OPT 465823 165 10,000 SH SHAR X 10,000
JEFFERSON PILOT CORP COM COM 475070108 540 8,550 SH SHAR X 8,550
JOHNSON & JOHNSON COM COM 478160104 11,747 127,859 SH SHAR X 127,859
JONES INTERCABLE INC COM OPT 480206 532 10,000 SH SHAR X 10,000
K MART CORP COM COM 482584109 993 85,000 SH SHAR X 85,000
K MART CORP COM OPT 482584 584 50,000 SH SHAR X 50,000
KELLOGG CO COM COM 487836108 1,160 31,000 SH SHAR X 31,000
KELLY SVCS INC COM 488152208 522 17,350 SH SHAR X 17,350
KERR MCGEE CORP COM COM 492386107 214 3,887 SH SHAR X 3,887
KEYCORP NEW COM OPT 493267 645 25,000 SH SHAR X 25,000
KEYSPAN CORP COM 49337W100 605 21,156 SH SHAR X 21,156
KIMBERLY CLARK CORP COM COM 494368103 6,934 131,457 SH SHAR X 131,457
KNOLL INC COM COM 498904101 424 15,800 SH SHAR X 15,800
KNIGHT RIDDER INC COM COM 499040103 203 3,700 SH SHAR X 3,700
KONINKLIJKE PHILIPS ELEC COM 500472204 567 5,616 SH SHAR X 5,000 616
LHS GROUP INC COM COM 501938104 400 13,600 SH SHAR X 13,600
LSI LOGIC CORP COM OPT 502161 260 5,000 SH SHAR X 5,000
LEAR CORP COM COM 521865105 285 8,104 SH SHAR X 8,104
LEHMAN BROTHERS HLDGS IN COM 524908100 277 4,754 SH SHAR X 2 4,752
LEHMAN BROTHERS HLDGS IN OPT 524908 583 10,000 SH SHAR X 10,000
LEVEL 3 COMMUNICATIONS I OPT 52729N 1,305 25,000 SH SHAR X 25,000
LILLY ELI & CO COM COM 532457108 3,621 56,416 SH SHAR X 9,000 47,416
LILLY ELI & CO COM OPT 532457 1,283 20,000 SH SHAR X 20,000
LIMITED INC COM OPT 532716 497 13,000 SH SHAR X 13,000
LINCOLN NATL CORP IND CO COM 534187109 1,057 28,165 SH SHAR X 28,165
LOCKHEED MARTIN CORP COM OPT 539830 751 23,000 SH SHAR X 23,000
LOEWS CORP COM COM 540424108 317 4,526 SH SHAR X 4,526
LOWES COS INC COM COM 548661107 281 5,770 SH SHAR X 5,770
LUBRIZOL CORP COM COM 549271104 201 7,850 SH SHAR X 7,850
LUCENT TECHNOLOGIES INC COM 549463107 5,716 88,115 SH SHAR X 18,000 70,115
LYONDELL CHEMICAL CO COM COM 552078107 256 19,195 SH SHAR X 19,195
MCI WORLDCOM INC COM COM 55268B106 3,196 44,478 SH SHAR X 25,000 19,478
MFS GOVT MKTS INCOME TR COM 552939100 61 10,000 SH SHAR X 10,000
MACMILLAN BLOEDEL LTD COM 554783209 784 50,000 SH SHAR X 50,000
MAGNA INTL INC COM 559222401 536 10,800 SH SHAR X 10,800
MALAN RLTY INVS INC DEBT 561063AA6 439 487,000 SH SHAR X 487,000
MALLON RES CORP COM 561240201 166 19,298 SH SHAR X 19,298
MANUFACTURED HOME CMNTYS COM 564682102 345 14,800 SH SHAR X 14,800
MARCUS CORP COM COM 566330106 180 15,000 SH SHAR X 15,000
MARSHALL INDS COM COM 572393106 270 7,400 SH SHAR X 7,400
MASCO CORP COM COM 574599106 238 7,700 SH SHAR X 7,700
MAXTOR CORP COM 577729205 2,472 374,900 SH SHAR X 374,900
MAXTOR CORP OPT 577729 2,110 320,000 SH SHAR X 320,000
MAY DEPT STORES CO COM 577778103 388 10,674 SH SHAR X 10,674
MAYTAG CORP COM COM 578592107 510 15,336 SH SHAR X 15,000 336
MAYTAG CORP COM OPT 578592 999 30,000 SH SHAR X 30,000
MCDONALDS CORP COM COM 580135101 4,106 94,948 SH SHAR X 33,500 61,448
MCDONALDS CORP COM OPT 580135 3,460 80,000 SH SHAR X 80,000
MCKESSON HBOC INC COM COM 58155Q103 484 16,700 SH SHAR X 16,700
MEDIAONE GROUP INC COM COM 58440J104 3,659 53,571 SH SHAR X 31,400 22,171
MEDIAONE GROUP INC COM OPT 58440J 232 3,400 SH SHAR X 3,400
MEDTOX SCIENTIFIC INC COM 584977201 89 11,600 SH SHAR X 11,600
MEDTRONIC INC COM OPT 585055 561 15,800 SH SHAR X 15,800
MELLON BK CORP COM COM 585509102 3,974 118,198 SH SHAR X 118,198
MENTOR GRAPHICS CORP OPT 587200 214 25,000 SH SHAR X 25,000
MERCK & CO INC COM COM 589331107 14,087 217,359 SH SHAR X 217,359
MERCK & CO INC COM OPT 589331 2,592 40,000 SH SHAR X 40,000
MEREDITH CORP COM COM 589433101 4,082 112,419 SH SHAR X 112,419
MERRILL LYNCH & CO INC C COM 590188108 567 8,427 SH SHAR X 3 8,424
MERRILL LYNCH & CO INC C OPT 590188 1,212 18,000 SH SHAR X 18,000
MESABI TR COM 590672101 27 10,000 SH SHAR X 10,000
METAMOR WORLDWIDE INC CO COM 59133P100 315 17,800 SH SHAR X 17,800
MICROSOFT CORP COM 594918104 4,892 54,020 SH SHAR X 7 54,013
MICRON TECHNOLOGY INC CO COM 595112103 578 8,700 SH SHAR X 8,700
MILLIPORE CORP COM 601073109 604 16,100 SH SHAR X 16,100
MINDSPRING ENTERPRISES I OPT 602683 415 15,000 SH SHAR X 15,000
MINERALS TECHNOLOGIES IN COM 603158106 218 4,500 SH SHAR X 4,500
MINNESOTA MNG & MFG CO C COM 604059105 1,303 13,572 SH SHAR X 13,572
MIRAGE RESORTS INC COM COM 60462E104 212 15,200 SH SHAR X 12,500 2,700
MIRAGE RESORTS INC COM OPT 60462E 420 30,000 SH SHAR X 30,000
MOBIL CORP COM COM 607059102 6,636 65,872 SH SHAR X 65,872
MOBILE AMER CORP FLA COM 607235504 291 121,217 SH SHAR X 121,217
MONSANTO CO COM COM 611662107 2,130 59,696 SH SHAR X 5,500 54,196
MORGAN J P & CO INC COM COM 616880100 1,586 13,884 SH SHAR X 13,884
MORGAN STANLEY DEAN WITT COM 617446448 3,889 43,613 SH SHAR X 20,103 23,510
MORGAN STANLEY DEAN WITT OPT 617446 445 5,000 SH SHAR X 5,000
MORRISON KNUDSEN CORP NE COM 61844A109 154 15,000 SH SHAR X 15,000
MORRISON KNUDSEN CORP NE 61844A117 161 51,823 SH SHAR X 51,823
MOTOROLA INC COM COM 620076109 783 8,904 SH SHAR X 8,904
MURPHY OIL CORP COM COM 626717102 440 8,150 SH SHAR X 8,150
NALCO CHEM CO COM COM 629853102 313 6,200 SH SHAR X 5,800 400
NATIONAL SEMICONDUCTOR C COM 637640103 312 10,220 SH SHAR X 10,220
NAVISTAR INTL CORP NEW C COM 63934E108 255 5,500 SH SHAR X 5,500
NETMOVES CORP COM 64116A104 4,053 648,500 SH SHAR X 648,500
NETMOVES CORP OPT 64116A 625 100,000 SH SHAR X 100,000
NEW AMER HIGH INCOME FD COM 641876107 90 22,500 SH SHAR X 22,500
NEW ENGLAND ELEC SYS COM COM 644001109 747 14,400 SH SHAR X 13,800 600
NEW YORK TIMES CO COM 650111107 421 11,240 SH SHAR X 11,240
NEWELL RUBBERMAID INC CO COM 651229106 323 11,309 SH SHAR X 11,309
NEWELL RUBBERMAID INC CO OPT 651229 285 10,000 SH SHAR X 10,000
NEWMONT MNG CORP COM COM 651639106 10,674 412,543 SH SHAR X 405,000 7,543
NEWMONT MNG CORP COM OPT 651639 9,664 373,500 SH SHAR X 373,500
NEWS CORP LTD COM 652487703 2,538 89,267 SH SHAR X 89,267
NEWS CORP LTD COM 652487802 19,228 720,486 SH SHAR X 720,486
NEXTEL COMMUNICATIONS IN COM 65332V103 203 3,000 SH SHAR X 3,000
NORFOLK SOUTHN CORP COM COM 655844108 360 14,715 SH SHAR X 14,715
NORTEL NETWORKS CORP COM 656569100 316 6,212 SH SHAR X 6,212
NORTH AMERN VACCINE INC DEBT 657201AC3 220 494,000 SH SHAR X 494,000
NORTHERN TR CORP COM COM 665859104 1,127 13,500 SH SHAR X 13,500
NUVEEN N Y QUALITY INCOM COM 670986108 192 12,800 SH SHAR X 12,800
OMNICARE INC DEBT 681904AD0 2,897 4,527,000 SH SHAR X 4,527,000
OMNIPOINT CORP COM COM 68212D102 1,564 28,000 SH SHAR X 26,000 2,000
ORACLE CORPORATION OPT 68389X 910 20,000 SH SHAR X 20,000
PE CORP COM 69332S102 1,762 24,400 SH SHAR X 24,400
PE CORP COM 69332S201 1,444 35,900 SH SHAR X 35,900
PACIFICORP COM COM 695114108 209 10,400 SH SHAR X 10,400
PANAVISION INC COM 69830E209 105 18,798 SH SHAR X 18,798
PARADIGM GEOPHYSICAL LTD COM 69900J104 304 52,880 SH SHAR X 48,580 4,300
PARK PL ENTMT CORP COM COM 700690100 1,153 92,250 SH SHAR X 92,250
PARKER HANNIFIN CORP COM COM 701094104 831 18,562 SH SHAR X 18,562
PECHINEY COM 705151207 241 8,800 SH SHAR X 8,800
PEPSI BOTTLING GROUP INC COM 713409100 619 36,300 SH SHAR X 22,500 13,800
PEPSICO INC COM COM 713448108 4,937 161,899 SH SHAR X 161,899
PERCLOSE INC COM COM 71361C107 270 5,800 SH SHAR X 5,800
PERIPHONICS CORP COM COM 714005105 219 7,000 SH SHAR X 7,000
PHARMACIA & UPJOHN INC C COM 716941109 1,731 34,895 SH SHAR X 34,895
PFIZER INC COM COM 717081103 8,034 223,964 SH SHAR X 2,000 221,964
PHILADELPHIA SUBN CORP COM 718009608 457 19,432 SH SHAR X 19,432
PHILIP MORRIS COS INC CO COM 718154107 5,722 167,375 SH SHAR X 80,000 87,375
PHILIP MORRIS COS INC CO OPT 718154 3,418 100,000 SH SHAR X 100,000
PHILIP MORRIS COS INC CO OPT 718154 1,367 40,000 SH SHAR X 40,000
PHOTRONICS INC COM COM 719405102 560 25,000 SH SHAR X 25,000
PIONEER HI BRED INTL INC COM 723686101 4,679 117,900 SH SHAR X 117,900
PITNEY BOWES INC COM COM 724479100 466 7,660 SH SHAR X 7,660
PLACER DOME INC COM OPT 725906 371 25,000 SH SHAR X 25,000
POGO PRODUCING CO COM COM 730448107 2,840 136,890 SH SHAR X 136,890
POGO PRODUCING CO DEBT 730448AE7 578 715,000 SH SHAR X 715,000
POTOMAC ELEC PWR CO COM COM 737679100 381 15,000 SH SHAR X 15,000
PRIMUS TELECOMMUNICATION COM 741929103 1,010 48,120 SH SHAR X 48,120
PROCTER & GAMBLE CO COM COM 742718109 3,096 33,029 SH SHAR X 33,029
PROGRESSIVE CORP OHIO CO COM 743315103 5,958 72,944 SH SHAR X 72,944
PROPHET 21 INC COM COM 743459109 141 15,142 SH SHAR X 15,142
PROTECTIVE LIFE CORP COM COM 743674103 672 23,200 SH SHAR X 23,200
QUAKER OATS CO COM COM 747402105 284 4,600 SH SHAR X 4,600
QUALCOMM INC COM 747525103 1,212 6,408 SH SHAR X 6,408
R & B FALCON CORP COM 74912E101 386 29,425 SH SHAR X 29,425
RPM INC OHIO COM COM 749685103 561 46,101 SH SHAR X 46,101
RAYTHEON CO COM 755111309 211 4,358 SH SHAR X 4,358
RAYTHEON CO COM 755111408 912 18,380 SH SHAR X 18,380
REGIONS FINL CORP COM 758940100 270 9,033 SH SHAR X 833 8,200
REPUBLIC N Y CORP COM COM 760719104 412 6,706 SH SHAR X 1,900 4,806
REUTERS GROUP PLC COM 76132M102 2,038 29,591 SH SHAR X 100 29,491
REYNOLDS METALS CO COM COM 761763101 1,636 27,100 SH SHAR X 27,100
ROBERTS PHARMACEUTICAL C COM 770491108 217 7,200 SH SHAR X 7,200
ROYAL DUTCH PETE CO COM 780257804 7,911 133,950 SH SHAR X 133,950
SBC COMMUNICATIONS INC C COM 78387G103 2,218 43,439 SH SHAR X 800 42,639
SPDR TR COM 78462F103 352 2,740 SH SHAR X 2,740
SABRE HLDGS CORP COM 785905100 1,350 31,400 SH SHAR X 10,000 21,400
SABRE HLDGS CORP OPT 785905 1,290 30,000 SH SHAR X 30,000
SAFEWAY INC COM 786514208 6,668 175,200 SH SHAR X 175,000 200
SAFEWAY INC OPT 786514 3,806 100,000 SH SHAR X 100,000
ST PAUL COS INC COM COM 792860108 266 9,676 SH SHAR X 9,000 676
ST PAUL COS INC COM OPT 792860 550 20,000 SH SHAR X 20,000
SAPIENT CORP COM COM 803062108 876 9,300 SH SHAR X 9,300
SAPIENT CORP COM OPT 803062 2,544 27,000 SH SHAR X 27,000
SARA LEE CORP COM COM 803111103 480 20,538 SH SHAR X 20,538
SAVILLE SYS PLC COM 805174109 170 11,600 SH SHAR X 11,600
SCHERING PLOUGH CORP COM COM 806605101 6,108 140,031 SH SHAR X 140,031
SCHLUMBERGER LTD COM COM 806857108 3,371 54,099 SH SHAR X 54,099
SCHLUMBERGER LTD COM OPT 806857 311 5,000 SH SHAR X 5,000
SCHWAB CHARLES CORP NEW COM 808513105 6,381 190,856 SH SHAR X 177,406 13,450
SCHWAB CHARLES CORP NEW OPT 808513 4,263 127,500 SH SHAR X 127,500
SCIENTIFIC ATLANTA INC C COM 808655104 1,923 38,800 SH SHAR X 38,800
SEAGATE TECHNOLOGY COM COM 811804103 47,995 1,567,200 SH SHAR X 1,566,000 1,200
SEAGATE TECHNOLOGY COM OPT 811804 30,318 990,000 SH SHAR X 990,000
SEAGRAM LTD COM COM 811850106 1,997 43,900 SH SHAR X 43,900
SERVICE CORP INTL COM COM 817565104 291 27,600 SH SHAR X 25,000 2,600
SERVICEMASTER CO COM COM 81760N109 383 23,894 SH SHAR X 23,894
SIEBEL SYS INC COM COM 826170102 1,719 25,805 SH SHAR X 25,805
SIGMA ALDRICH CORP COM COM 826552101 800 25,200 SH SHAR X 25,200
SINCLAIR BROADCAST GROUP COM 829226109 136 15,034 SH SHAR X 15,034
SMART MODULAR TECHNOLOGI COM 831690102 873 25,650 SH SHAR X 25,650
SMITHKLINE BEECHAM P L C COM 832378301 2,941 51,045 SH SHAR X 51,045
SNYDER COMMUNICATIONS IN COM 832914105 1,002 66,000 SH SHAR X 65,000 1,000
SOUTHERN PAC PETE N L COM 843581307 67 15,492 SH SHAR X 5,492 10,000
SPRINT CORP COM 852061100 1,074 19,800 SH SHAR X 10,400 9,400
SPRINT CORP OPT 852061 412 7,600 SH SHAR X 7,600
STAPLES INC COM COM 855030102 861 39,487 SH SHAR X 2,287 37,200
STARBUCKS CORP COM COM 855244109 461 18,603 SH SHAR X 637 17,966
STERLING COMM INC COM COM 859205106 519 28,000 SH SHAR X 28,000
STERLING COMM INC COM OPT 859205 1,670 90,000 SH SHAR X 90,000
STMICROELECTRONICS N V COM 861012102 3,214 43,400 SH SHAR X 43,400
STOLT COMEX SEAWAY S A COM 861567105 397 36,544 SH SHAR X 36,544
STRYKER CORP COM COM 863667101 409 8,000 SH SHAR X 8,000
STRYKER CORP COM OPT 863667 409 8,000 SH SHAR X 8,000
STRYKER CORP COM OPT 863667 511 10,000 SH SHAR X 10,000
SUMMIT BANCORP COM COM 866005101 394 12,156 SH SHAR X 12,156
SUN MICROSYSTEMS INC COM COM 866810104 3,796 40,819 SH SHAR X 40,819
SUNBEAM CORP DEL NEW DEBT 867071AA0 136 826,000 SH SHAR X 826,000
SUNRISE ASSISTED LIVING COM 86768K106 503 18,942 SH SHAR X 18,942
SUNSHINE MNG & REFNG CO COM 867833501 33 16,718 SH SHAR X 16,718
SUNTRUST BKS INC COM COM 867914103 1,485 22,592 SH SHAR X 22,592
SYMANTEC CORP COM COM 871503108 521 14,500 SH SHAR X 14,500
SYSCO CORP COM COM 871829107 312 8,900 SH SHAR X 8,900
TJX COS INC NEW COM COM 872540109 707 25,220 SH SHAR X 20,000 5,220
TELECOMUNICACOES BRASILE COM 879287308 296 3,994 SH SHAR X 3,994
TELEPHONE & DATA SYS INC COM 879433100 1,520 17,125 SH SHAR X 17,125
TELESCAN INC COM 879516102 180 11,000 SH SHAR X 11,000
TELLABS INC COM 879664100 668 11,740 SH SHAR X 11,740
TEMPLE-INLAND INC COM COM 879868107 878 14,400 SH SHAR X 14,400
TEVA PHARMACEUTICAL INDS COM 881624209 1,152 22,910 SH SHAR X 22,910
TEXACO INC COM COM 881694103 2,999 47,516 SH SHAR X 47,516
TEXAS INDS INC COM COM 882491103 251 6,800 SH SHAR X 6,800
TEXAS INSTRS INC COM 882508104 676 8,220 SH SHAR X 8,220
TEXTRON INC COM COM 883203101 278 3,600 SH SHAR X 3,600
3COM CORP COM COM 885535104 213 7,423 SH SHAR X 423 7,000
TIFFANY & CO NEW OPT 886547 1,198 20,000 SH SHAR X 20,000
TIME WARNER INC COM COM 887315109 11,224 184,772 SH SHAR X 184,772
TIME WARNER INC COM OPT 887315 3,037 50,000 SH SHAR X 50,000
TOKHEIM CORP COM COM 889073102 126 14,200 SH SHAR X 14,200
TOYS R US INC COM COM 892335100 3,081 205,437 SH SHAR X 205,437
TRANSIT GROUP INC 893691113 53 38,000 SH SHAR X 38,000
TRICON GLOBAL RESTAURANT COM 895953107 277 6,774 SH SHAR X 6,774
TRIBUNE CO NEW COM 896047107 378 7,600 SH SHAR X 7,600
TRIMARK HLDGS INC COM COM 89621J100 92 27,000 SH SHAR X 27,000
TRIQUINT SEMICONDUCTOR I COM 89674K103 377 6,607 SH SHAR X 107 6,500
TYCO INTL LTD NEW COM COM 902124106 749 7,256 SH SHAR X 7,256
UAL CORP COM 902549500 12,736 195,000 SH SHAR X 195,000
UAL CORP OPT 902549 11,756 180,000 SH SHAR X 180,000
UICI COM COM 902737105 283 11,100 SH SHAR X 11,100
USX-MARATHON GROUP COM 902905827 786 26,900 SH SHAR X 26,900
US BANCORP DEL COM 902973106 247 8,186 SH SHAR X 8,186
USA NETWORKS INC COM COM 902984103 1,712 44,186 SH SHAR X 44,186
U S FOODSERVICE COM 90331R101 1,211 67,300 SH SHAR X 30,900 36,400
U S A FLORAL PRODS INC C COM 90331T107 124 58,525 SH SHAR X 58,525
UNION CARBIDE CORP COM COM 905581104 1,249 22,000 SH SHAR X 22,000
UNION PAC CORP COM COM 907818108 755 15,710 SH SHAR X 15,710
UNISYS CORP COM COM 909214108 705 15,632 SH SHAR X 15,632
U S WEST INC NEW COM COM 91273H101 413 7,248 SH SHAR X 7,248
U S WEST INC NEW COM OPT 91273H 741 13,000 SH SHAR X 13,000
UNITED TECHNOLOGIES CORP COM 913017109 2,136 36,021 SH SHAR X 36,021
UNITEL VIDEO INC COM COM 913253100 1,571 19,200 SH SHAR X 19,200
UNIVERSAL FOODS CORP COM COM 913538104 857 37,400 SH SHAR X 37,400
UNIVISION COMMUNICATIONS COM 914906102 1,479 18,180 SH SHAR X 18,180
UNOCAL CORP COM COM 915289102 1,115 30,100 SH SHAR X 30,100
UNUMPROVIDENT CORP OPT 91529Y 5,078 172,500 SH SHAR X 172,500
UTILICORP UTD INC COM COM 918005109 210 10,000 SH SHAR X 10,000
VALLEY NATL BANCORP COM COM 919794107 200 8,060 SH SHAR X 8,060
VERITY INC COM COM 92343C106 1,052 15,300 SH SHAR X 15,300
VIAD CORP COM COM 92552R109 474 16,100 SH SHAR X 16,100
VIACOM INC COM 925524308 2,410 57,052 SH SHAR X 57,052
VODAFONE AIRTOUCH PLC OR COM 92857T107 2,363 9,939 SH SHAR X 9,939
WPP GROUP PLC COM 929309300 297 3,200 SH SHAR X 3,000 200
WACHOVIA CORP NEW COM COM 929771103 259 3,300 SH SHAR X 3,300
WAL MART STORES INC COM 931142103 1,859 39,090 SH SHAR X 200 38,890
WALGREEN CO COM COM 931422109 217 8,558 SH SHAR X 8,558
WARNER LAMBERT CO COM COM 934488107 5,809 87,518 SH SHAR X 87,518
WASHINGTON MUT INC COM COM 939322103 1,629 55,704 SH SHAR X 55,704
WASHINGTON POST CO COM 939640108 365 716 SH SHAR X 716
WEATHERFORD INTL INC NEW COM 947074100 485 15,175 SH SHAR X 15,175
WELLS FARGO & CO NEW COM COM 949746101 1,336 33,740 SH SHAR X 1,200 32,540
WHITMAN CORP NEW COM COM 96647R107 862 60,522 SH SHAR X 60,522
WISCONSIN CENT TRANSN CO COM 976592105 207 15,160 SH SHAR X 15,160
XOMED SURGICAL PRODS INC COM 98412V107 946 16,600 SH SHAR X 16,600
XEROX CORP COM COM 984121103 372 8,890 SH SHAR X 8,890
YOUNG & RUBICAM INC COM COM 987425105 573 13,042 SH SHAR X 13,042
ZIFF-DAVIS INC COM COM 989511100 349 21,700 SH SHAR X 21,200 500
ZOMAX INC COM COM 989929104 328 12,700 SH SHAR X 12,700
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