<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 1999
Check here if Amendment / /; Amendment Number:___________
This Amendment (Check only one.) :
/ / is a restatement.
/ / adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Legal & General Group Plc
Address: Temple Court, 11 Queen Victoria Street,
London EC4N 4TP, England
Form 13F File Number: 28- 1490
----------------------
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: A. J. Hobson
Title: Group Director (Finance)
Phone: 011-44171-528-6290
Signature, Place, and Date of Signing:
\s\ A.J. Hobson
A. J. Hobson London, England November 11, 1999
<PAGE>
Report Type (Check only one.):
/X/ 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
/ / 13F NOTICE. (Check here if no holdings reported are in this report, and all
holding are reported by other reporting manager(s).)
/ / 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting manager(s).)
List of Other Managers Reporting for this Manager:
2
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 650
Form 13F Information Table Value Total: $6636049 (thousands)
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.
No. Form 13F File Number Name
1 28-1480 Legal & General Assurance Society Limited
3
<PAGE>
Name of Reporting Manager: Legal & General Group Plc
Form 13F Information Table
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
000360
AAON INC. COM 20 6 3745 266300 SH DEFINED 1 266300
- ------------------------------------------------------------------------------------------------------------------------------------
ADC 000886
TELECOMMUNICATIONS COM 10 1 4012 95664 SH DEFINED 1 95664
- ------------------------------------------------------------------------------------------------------------------------------------
00130H
AES CORP COM 10 5 5246 88918 SH DEFINED 1 88918
- ------------------------------------------------------------------------------------------------------------------------------------
001765
AMR CORP COM 10 6 5500 100918 SH DEFINED 1 100918
- ------------------------------------------------------------------------------------------------------------------------------------
001941
ATI TECHNOLOGIES INC COM 10 3 967 88000 SH DEFINED 1 88000
- ------------------------------------------------------------------------------------------------------------------------------------
001957
AT&T CORP COM 10 3 67563 1553173 SH DEFINED 1 1553173
- ------------------------------------------------------------------------------------------------------------------------------------
002824
ABBOTT LABS COM 10 0 26978 734103 SH DEFINED 1 734103
- ------------------------------------------------------------------------------------------------------------------------------------
ABITIBI-CONSOLIDATED 003924
INC COM 10 7 2070 172400 SH DEFINED 1 172400
- ------------------------------------------------------------------------------------------------------------------------------------
00651F
ADAPTEC INC COM 10 8 1516 38200 SH DEFINED 1 38200
- ------------------------------------------------------------------------------------------------------------------------------------
00724F
ADOBE SYS INC COM 10 1 3684 32460 SH DEFINED 1 32460
- ------------------------------------------------------------------------------------------------------------------------------------
ADVANCED MICRO 007903
DEVICES INC COM 10 7 956 55600 SH DEFINED 1 55600
- ------------------------------------------------------------------------------------------------------------------------------------
008117
AETNA INC COM 10 3 4226 85817 SH DEFINED 1 85817
- ------------------------------------------------------------------------------------------------------------------------------------
008916
AGRIUM INC COM 10 8 434 44000 SH DEFINED 1 44000
- ------------------------------------------------------------------------------------------------------------------------------------
009158
AIR PRODS & CHEMS INC COM 10 6 3294 112600 SH DEFINED 1 112600
====================================================================================================================================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
012873
ALBERTA ENERGY LTD COM 10 5 2267 78600 SH DEFINED 1 78600
- ------------------------------------------------------------------------------------------------------------------------------------
013104
ALBERTSONS INC COM 10 4 8541 215890 SH DEFINED 1 215890
- ------------------------------------------------------------------------------------------------------------------------------------
ALCAN ALUMINIUM LTD 013716
NEW COM 10 5 3404 108625 SH DEFINED 1 108625
- ------------------------------------------------------------------------------------------------------------------------------------
013904
ALCATEL ALSTHOM ADR 30 5 959 35555 SH DEFINED 1 35555
- ------------------------------------------------------------------------------------------------------------------------------------
ALEXANDER & BALDWIN 014482
INC COM 10 3 284 11900 SH DEFINED 1 11900
- ------------------------------------------------------------------------------------------------------------------------------------
ALLEGHENY TELEDYNE 017415
INC COM 10 0 1730 102501 SH DEFINED 1 102501
- ------------------------------------------------------------------------------------------------------------------------------------
019512
ALLIED SIGNAL INC COM 10 2 16605 277032 SH DEFINED 1 277032
- ------------------------------------------------------------------------------------------------------------------------------------
020002
ALLSTATE CORP COM 10 1 10552 423135 SH DEFINED 1 423135
- ------------------------------------------------------------------------------------------------------------------------------------
020039
ALLTEL CORP COM 10 3 10306 146445 SH DEFINED 1 146445
- ------------------------------------------------------------------------------------------------------------------------------------
021441
ALTERA CORP COM 10 0 4190 96600 SH DEFINED 1 96600
- ------------------------------------------------------------------------------------------------------------------------------------
023139
AMBAC INC COM 10 8 1167 24640 SH DEFINED 1 24640
- ------------------------------------------------------------------------------------------------------------------------------------
023551
AMERADA HESS CORP COM 10 4 4886 79774 SH DEFINED 1 79774
- ------------------------------------------------------------------------------------------------------------------------------------
023608
AMEREN CORP COM 10 2 2129 56300 SH DEFINED 1 56300
- ------------------------------------------------------------------------------------------------------------------------------------
AMERICA ONLINE INC 02364J
DEL COM 10 4 71492 687015 SH DEFINED 1 687015
- ------------------------------------------------------------------------------------------------------------------------------------
025537
AMERICAN ELEC PWR INC COM 10 1 3067 89890 SH DEFINED 1 89890
====================================================================================================================================
</TABLE>
2
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
025816
AMERICAN EXPRESS CO COM 10 9 42444 314398 SH DEFINED 1 314398
- ------------------------------------------------------------------------------------------------------------------------------------
026351
AMERICAN GENERAL CORP COM 10 6 6374 100773 SH DEFINED 1 100773
- ------------------------------------------------------------------------------------------------------------------------------------
AMERICAN GREETINGS 026375
CORP CL A 10 5 750 29125 SH DEFINED 1 29125
- ------------------------------------------------------------------------------------------------------------------------------------
AMERICAN HOME PRODS 026609
CORP COM 10 7 45709 1101425 SH DEFINED 1 1101425
- ------------------------------------------------------------------------------------------------------------------------------------
AMERICAN INTL GROUP 026874
INC COM 10 7 95418 1097543 SH DEFINED 1 1097543
- ------------------------------------------------------------------------------------------------------------------------------------
028591
AMERICAN NATL INS CO COM 10 5 449 6700 SH DEFINED 1 6700
- ------------------------------------------------------------------------------------------------------------------------------------
AMERICAN PWR 029066
CONVERSION CORP COM 10 7 1520 80000 SH DEFINED 1 80000
- ------------------------------------------------------------------------------------------------------------------------------------
AMERICAN TOWER SYS 029912
CORP CL A 20 1 6466 329500 SH DEFINED 1 329500
- ------------------------------------------------------------------------------------------------------------------------------------
030954
AMERITECH CORP COM 10 1 47285 708385 SH DEFINED 1 708385
- ------------------------------------------------------------------------------------------------------------------------------------
031162
AMGEN INC COM 10 0 20711 254128 SH DEFINED 1 254128
- ------------------------------------------------------------------------------------------------------------------------------------
AMSOUTH 032165
BANCORPORATION COM 10 2 2246 95811 SH DEFINED 1 95811
- ------------------------------------------------------------------------------------------------------------------------------------
032654
ANALOG DEVICES INC COM 10 5 4620 90147 SH DEFINED 1 90147
- ------------------------------------------------------------------------------------------------------------------------------------
034425
ANDREW CORP COM 10 8 285 16400 SH DEFINED 1 16400
- ------------------------------------------------------------------------------------------------------------------------------------
035128
ANGLOGOLD LTD SPONS ADR 20 6 373 11854 SH DEFINED 1 11854
- ------------------------------------------------------------------------------------------------------------------------------------
ANHEUSER BUSCH COS 035229
INC COM 10 3 16074 229426 SH DEFINED 1 229426
====================================================================================================================================
</TABLE>
3
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
037389
AON CORP COM 10 3 3547 119999 SH DEFINED 1 119999
- ------------------------------------------------------------------------------------------------------------------------------------
037411
APACHE CORP COM 10 5 1101 25500 SH DEFINED 1 25500
- ------------------------------------------------------------------------------------------------------------------------------------
037833
APPLE COMPUTER INC COM 10 0 4879 77060 SH DEFINED 1 77060
- ------------------------------------------------------------------------------------------------------------------------------------
038222
APPLIED MATLS INC COM 10 5 12920 166309 SH DEFINED 1 166309
- ------------------------------------------------------------------------------------------------------------------------------------
038496
ARA CRUZ CELULOSE SA SPONS ADR 20 4 1449 69392 SH DEFINED 1 69392
- ------------------------------------------------------------------------------------------------------------------------------------
ARCHER DANIELS 039483
MIDLAND CO COM 10 2 3820 315088 SH DEFINED 1 315088
- ------------------------------------------------------------------------------------------------------------------------------------
039581
ARCHSTONE CMNTYS TR SH BEN 10 3 1210 61285 SH DEFINED 1 61285
- ------------------------------------------------------------------------------------------------------------------------------------
ARMSTONG WORLD INDS 042476
INC COM 10 1 1007 22400 SH DEFINED 1 22400
- ------------------------------------------------------------------------------------------------------------------------------------
043413
ASARCO INC. COM 10 3 230 8510 SH DEFINED 1 8510
- ------------------------------------------------------------------------------------------------------------------------------------
044204
ASHLAND INC COM 10 5 908 27000 SH DEFINED 1 27000
- ------------------------------------------------------------------------------------------------------------------------------------
ASSOCIATES FIRST CAP 046008
CORP CL A 10 8 28284 785653 SH DEFINED 1 785653
- ------------------------------------------------------------------------------------------------------------------------------------
048825
ATLANTIC RICHFIELD CO COM 10 3 12052 135990 SH DEFINED 1 135990
- ------------------------------------------------------------------------------------------------------------------------------------
052769
AUTODESK INC COM 10 6 575 26283 SH DEFINED 1 26283
- ------------------------------------------------------------------------------------------------------------------------------------
AUTOMATIC DATA 053015
PROCESSING INC COM 10 3 11700 262174 SH DEFINED 1 262174
- ------------------------------------------------------------------------------------------------------------------------------------
053332
AUTOZONE INC COM 10 2 1863 66400 SH DEFINED 1 66400
- ------------------------------------------------------------------------------------------------------------------------------------
053611
AVERY DENNISON CORP COM 10 9 2706 51300 SH DEFINED 1 51300
====================================================================================================================================
</TABLE>
4
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
053807
AVNET INC COM 10 3 1082 25750 SH DEFINED 1 25750
- ------------------------------------------------------------------------------------------------------------------------------------
054303
AVON PRODS INC COM 10 2 3073 123850 SH DEFINED 1 123850
- ------------------------------------------------------------------------------------------------------------------------------------
054937
BB&T CORP COM 10 7 3235 99926 SH DEFINED 1 99926
- ------------------------------------------------------------------------------------------------------------------------------------
05534B
BCE INC COM 10 9 16043 354483 SH DEFINED 1 354483
- ------------------------------------------------------------------------------------------------------------------------------------
BCE MOBILE 05534G
COMMUNICATION INC COM 10 8 937 23600 SH DEFINED 1 23600
- ------------------------------------------------------------------------------------------------------------------------------------
057224
BAKER HUGHES INC COM 10 7 16371 564531 SH DEFINED 1 564531
- ------------------------------------------------------------------------------------------------------------------------------------
05858H
BALLARD PWR SYS INC COM 10 4 476 16500 SH DEFINED 1 16500
- ------------------------------------------------------------------------------------------------------------------------------------
059504
BANCO DE A EDWARD SPONS ADR 10 0 600 37500 SH DEFINED 1 37500
- ------------------------------------------------------------------------------------------------------------------------------------
BANCO FRANCES DEL 059591
RIO DE LA PL SPONS ADR 10 7 3123 157109 SH DEFINED 1 157109
- ------------------------------------------------------------------------------------------------------------------------------------
063671
BANK MONTREAL QUE COM 10 1 4391 126311 SH DEFINED 1 126311
- ------------------------------------------------------------------------------------------------------------------------------------
064057
BANK NEW YORK INC COM 10 2 13199 394723 SH DEFINED 1 394723
- ------------------------------------------------------------------------------------------------------------------------------------
06423A
BANK ONE CORP COM 10 3 19534 561122 SH DEFINED 1 561122
- ------------------------------------------------------------------------------------------------------------------------------------
06605R
BANKBOSTON CORP COM 10 6 5514 127126 SH DEFINED 1 127126
- ------------------------------------------------------------------------------------------------------------------------------------
067901
BARRICK GOLD CORP COM 10 8 1338 1011281 SH DEFINED 1 1011281
- ------------------------------------------------------------------------------------------------------------------------------------
071593
BATTLE MTN GOLD CO COM 10 7 233 73152 SH DEFINED 1 73152
====================================================================================================================================
</TABLE>
5
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
071707
BAUSCH & LOMB INC COM 10 3 1439 21830 SH DEFINED 1 21830
- ------------------------------------------------------------------------------------------------------------------------------------
071813
BAXTER INTL INC COM 10 9 9740 161652 SH DEFINED 1 161652
- ------------------------------------------------------------------------------------------------------------------------------------
075887
BECTON DICKINSON & CO COM 10 9 3009 107237 SH DEFINED 1 107237
- ------------------------------------------------------------------------------------------------------------------------------------
077853
BELL ATLANTIC CORP COM 10 9 79992 1188362 SH DEFINED 1 1188362
- ------------------------------------------------------------------------------------------------------------------------------------
079860
BELLSOUTH CORP COM 10 2 41232 916267 SH DEFINED 1 916267
- ------------------------------------------------------------------------------------------------------------------------------------
BERKSHIRE HATHAWAY 084670
INC DEL COM 10 8 35530 646 SH DEFINED 1 646
- ------------------------------------------------------------------------------------------------------------------------------------
BERKSHIRE HATHAWAY 084670
INC DEL CL B 20 7 3812 2054 SH DEFINED 1 2054
- ------------------------------------------------------------------------------------------------------------------------------------
08658U
BESTFOODS COM 10 1 8456 174117 SH DEFINED 1 174117
- ------------------------------------------------------------------------------------------------------------------------------------
087509
BETHLEHEM STL CORP COM 10 5 8188 1110300 SH DEFINED 1 1110300
- ------------------------------------------------------------------------------------------------------------------------------------
BEVERLY ENTERPRISES 087851
INC COM NE 30 9 55 129000 SH DEFINED 1 129000
- ------------------------------------------------------------------------------------------------------------------------------------
091797
BLACK & DECKER CORP COM 10 0 2025 44328 SH DEFINED 1 44328
- ------------------------------------------------------------------------------------------------------------------------------------
093671
BLOCK H & R INC COM 10 5 1751 40311 SH DEFINED 1 40311
- ------------------------------------------------------------------------------------------------------------------------------------
097023
BOEING CO COM 10 5 17516 410929 SH DEFINED 1 410929
- ------------------------------------------------------------------------------------------------------------------------------------
097383
BOISE CASCADE CORP COM 10 3 886 24322 SH DEFINED 1 24322
- ------------------------------------------------------------------------------------------------------------------------------------
BOSTON SCIENTIFIC 101137
CORP COM 10 7 4232 170996 SH DEFINED 1 170996
====================================================================================================================================
</TABLE>
6
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
BRIGGS & STRATTON 109043
CORP COM 10 9 385 6600 SH DEFINED 1 6600
- ------------------------------------------------------------------------------------------------------------------------------------
BRISTOL MYERS SQUIBB 110122
CO COM 10 8 86351 1279270 SH DEFINED 1 1279270
- ------------------------------------------------------------------------------------------------------------------------------------
117043
BRUNSWICK CORP COM 10 9 1055 42398 SH DEFINED 1 42398
- ------------------------------------------------------------------------------------------------------------------------------------
121362
BURKE MLS INC COM 10 7 47 360371 SH DEFINED 1 360371
- ------------------------------------------------------------------------------------------------------------------------------------
BURLINGTON NORTHN 12189T
SANTA FE CP COM 10 4 6631 241117 SH DEFINED 1 241117
- ------------------------------------------------------------------------------------------------------------------------------------
122014
BURLINGTON RES INC COM 10 3 2897 78817 SH DEFINED 1 78817
- ------------------------------------------------------------------------------------------------------------------------------------
12490K
CBS CORP COM 10 7 17121 370185 SH DEFINED 1 370185
- ------------------------------------------------------------------------------------------------------------------------------------
125509
CIGNA CORP COM 10 9 7616 97955 SH DEFINED 1 97955
- ------------------------------------------------------------------------------------------------------------------------------------
125577
CIT GROUP INC CL A 10 6 10383 502500 SH DEFINED 1 502500
- ------------------------------------------------------------------------------------------------------------------------------------
125896
CMS ENERGY CORP COM 10 0 5965 175750 SH DEFINED 1 175750
- ------------------------------------------------------------------------------------------------------------------------------------
126408
CSX CORP COM 10 3 3775 89095 SH DEFINED 1 89095
- ------------------------------------------------------------------------------------------------------------------------------------
126650
CVS CORP COM 10 0 17101 419015 SH DEFINED 1 419015
- ------------------------------------------------------------------------------------------------------------------------------------
126920
CABLETRON SYS INC COM 10 7 880 56100 SH DEFINED 1 56100
- ------------------------------------------------------------------------------------------------------------------------------------
127055
CABOT CORP COM 10 1 475 20000 SH DEFINED 1 20000
- ------------------------------------------------------------------------------------------------------------------------------------
CADENCE DESIGN 127387
SYSTEM INC COM 10 8 1194 89300 SH DEFINED 1 89300
- ------------------------------------------------------------------------------------------------------------------------------------
127537
CADIZ INC COM 10 8 1147 119936 SH DEFINED 1 119936
====================================================================================================================================
</TABLE>
7
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
134429
CAMPBELL SOUP CO COM 10 9 8048 205692 SH DEFINED 1 205692
- ------------------------------------------------------------------------------------------------------------------------------------
135923
CANADIAN PAC LTD NEW COM 10 0 2791 122101 SH DEFINED 1 122101
- ------------------------------------------------------------------------------------------------------------------------------------
CANADIAN IMPERIAL BK 136069
COMM ONT COM 10 1 3670 190638 SH DEFINED 1 190638
- ------------------------------------------------------------------------------------------------------------------------------------
136375
CANADIAN NATL RY CO COM 10 2 3469 114340 SH DEFINED 1 114340
- ------------------------------------------------------------------------------------------------------------------------------------
CANADIAN OCCIDENTAL 136420
PETE LTD COM 10 6 912 50300 SH DEFINED 1 50300
- ------------------------------------------------------------------------------------------------------------------------------------
14040H
CAPITAL ONE FINL CORP COM 10 5 4147 106341 SH DEFINED 1 106341
- ------------------------------------------------------------------------------------------------------------------------------------
14149Y
CARDINAL HEALTH INC COM 10 8 12511 229552 SH DEFINED 1 229552
- ------------------------------------------------------------------------------------------------------------------------------------
CARNIVAL CRUISE 143658
LINES INC CL A 10 2 14242 327411 SH DEFINED 1 327411
- ------------------------------------------------------------------------------------------------------------------------------------
144141
CAROLINA PWR & LT CO COM 10 8 2207 62379 SH DEFINED 1 62379
- ------------------------------------------------------------------------------------------------------------------------------------
14743R
CASE CORP COM 10 3 2524 50664 SH DEFINED 1 50664
- ------------------------------------------------------------------------------------------------------------------------------------
149123
CATERPILLAR INC DEL COM 10 1 16799 306474 SH DEFINED 1 306474
- ------------------------------------------------------------------------------------------------------------------------------------
151313
CENDANT CORP COM 10 3 11227 632534 SH DEFINED 1 632534
- ------------------------------------------------------------------------------------------------------------------------------------
CENTRAL & SOUTH WEST 152357
CORP COM 10 9 2050 97033 SH DEFINED 1 97033
- ------------------------------------------------------------------------------------------------------------------------------------
15677T
CERIDIAN CORP COM 10 6 3499 140666 SH DEFINED 1 140666
- ------------------------------------------------------------------------------------------------------------------------------------
158525
CHAMPION INTL CORP COM 10 5 16100 313375 SH DEFINED 1 313375
====================================================================================================================================
</TABLE>
8
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
CHASE MANHATTAN CORP 16161A
NEW COM 10 8 50595 671238 SH DEFINED 1 671238
- ------------------------------------------------------------------------------------------------------------------------------------
166751
CHEVRON CORPORATION COM 10 7 27387 308585 SH DEFINED 1 308585
- ------------------------------------------------------------------------------------------------------------------------------------
169373
CHINA FD INC COM 10 7 1269 123800 SH DEFINED 1 123800
- ------------------------------------------------------------------------------------------------------------------------------------
170040
CHIRON CORP COM 10 9 2096 75700 SH DEFINED 1 75700
- ------------------------------------------------------------------------------------------------------------------------------------
170520
CHRIS CRAFT INDS INC COM 10 0 414 7375 SH DEFINED 1 7375
- ------------------------------------------------------------------------------------------------------------------------------------
171232
CHUBB CORP COM 10 1 4184 84315 SH DEFINED 1 84315
- ------------------------------------------------------------------------------------------------------------------------------------
171779
CIENA CORP COM 10 1 19458 533100 SH DEFINED 1 533100
- ------------------------------------------------------------------------------------------------------------------------------------
171870
CINCINNATI BELL INC COM 10 8 861 44300 SH DEFINED 1 44300
- ------------------------------------------------------------------------------------------------------------------------------------
172062
CINCINNATI FINL CORP COM 10 1 2567 68409 SH DEFINED 1 68409
- ------------------------------------------------------------------------------------------------------------------------------------
172474
CINERGY CORP COM 10 8 1648 58200 SH DEFINED 1 58200
- ------------------------------------------------------------------------------------------------------------------------------------
CIRCUIT CITY STORE 172737
INC COM 10 8 3991 94600 SH DEFINED 1 94600
- ------------------------------------------------------------------------------------------------------------------------------------
17275R
CISCO SYS INC COM 10 2 153594 2240201 SH DEFINED 1 2240201
- ------------------------------------------------------------------------------------------------------------------------------------
172967
CITIGROUP INC COM 10 1 104749 2380654 SH DEFINED 1 2380654
- ------------------------------------------------------------------------------------------------------------------------------------
177342
CITIZENS UTILS CO DEL CL B 20 1 992 87691 SH DEFINED 1 87691
- ------------------------------------------------------------------------------------------------------------------------------------
CLEAR CHANNEL 184502
COMMUNICATIONS COM 10 2 12062 151009 SH DEFINED 1 151009
====================================================================================================================================
</TABLE>
9
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
189054
CLOROX CO DEL COM 10 9 4926 128790 SH DEFINED 1 128790
- ------------------------------------------------------------------------------------------------------------------------------------
190441
COASTAL CORP COM 10 5 22898 559335 SH DEFINED 1 559335
- ------------------------------------------------------------------------------------------------------------------------------------
191216
COCA COLA CO COM 10 0 65523 1357983 SH DEFINED 1 1357983
- ------------------------------------------------------------------------------------------------------------------------------------
191219
COCA COLA ENTERPRISES COM 10 4 4454 197429 SH DEFINED 1 197429
- ------------------------------------------------------------------------------------------------------------------------------------
19244C
COGNOS INC COM 10 9 369 14100 SH DEFINED 1 14100
- ------------------------------------------------------------------------------------------------------------------------------------
194162
COLGATE PALMOLIVE CO COM 10 3 14808 323663 SH DEFINED 1 323663
- ------------------------------------------------------------------------------------------------------------------------------------
197648
COLUMBIA GAS SYS INC COM 10 8 2049 37000 SH DEFINED 1 37000
- ------------------------------------------------------------------------------------------------------------------------------------
COLUMBIA/HCA 197677
HEALTHCARE CORP COM 10 7 7611 359236 SH DEFINED 1 359236
- ------------------------------------------------------------------------------------------------------------------------------------
200300
COMCAST CORP CL A 10 1 501 13900 SH DEFINED 1 13900
- ------------------------------------------------------------------------------------------------------------------------------------
200300
COMCAST CORP CL A S 20 0 20402 511638 SH DEFINED 1 511638
- ------------------------------------------------------------------------------------------------------------------------------------
200340
COMERICA INC COM 10 7 4156 82100 SH DEFINED 1 82100
- ------------------------------------------------------------------------------------------------------------------------------------
200435
COMINCO LTD COM 10 5 326 20000 SH DEFINED 1 20000
- ------------------------------------------------------------------------------------------------------------------------------------
COMPANHIA SIDER - 20440W
URGICA NACIONAL SPONS ADR 10 5 471 18300 SH DEFINED 1 18300
- ------------------------------------------------------------------------------------------------------------------------------------
COMPANHIA CERVE - 20440X
JARIA BRAHMA SPONS ADR 10 3 952 79300 SH DEFINED 1 79300
- ------------------------------------------------------------------------------------------------------------------------------------
COMPANHIA PARAN- 20441B
AENSE ENERG COP SPONS ADR 40 7 243 37000 SH DEFINED 1 37000
====================================================================================================================================
</TABLE>
10
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMPANIA ANONIMA 204421
NACIONL TEL SPONS ADR 10 1 3408 127100 SH DEFINED 1 127100
- ------------------------------------------------------------------------------------------------------------------------------------
COMPANIA CERVEC- 204429
ERIAS UNIDAS SA SPONS ADR 10 4 1396 60700 SH DEFINED 1 60700
- ------------------------------------------------------------------------------------------------------------------------------------
COMPANIA DE MINAS 204448
BUENAVENTURA SPONS ADR 10 4 900 52011 SH DEFINED 1 52011
- ------------------------------------------------------------------------------------------------------------------------------------
204493
COMPAQ COMPUTER CORP COM 10 0 24937 1090149 SH DEFINED 1 1090149
- ------------------------------------------------------------------------------------------------------------------------------------
COMPUTER ASSOC INTL 204912
INC COM 10 9 15397 251900 SH DEFINED 1 251900
- ------------------------------------------------------------------------------------------------------------------------------------
COMPUTER SCIENCES 205363
CORP COM 10 4 7024 99899 SH DEFINED 1 99899
- ------------------------------------------------------------------------------------------------------------------------------------
205638
COMPUWARE CORP COM 10 9 6476 248480 SH DEFINED 1 248480
- ------------------------------------------------------------------------------------------------------------------------------------
20564D
COMSAT CORP COM SE 10 7 530 17900 SH DEFINED 1 17900
- ------------------------------------------------------------------------------------------------------------------------------------
205887
CONAGRA INC COM 10 2 5400 239342 SH DEFINED 1 239342
- ------------------------------------------------------------------------------------------------------------------------------------
206197
CONCORD EFS INC. COM 10 5 3452 167371 SH DEFINED 1 167371
- ------------------------------------------------------------------------------------------------------------------------------------
206829
CONECTIV INC COM 10 3 2132 108656 SH DEFINED 1 108656
- ------------------------------------------------------------------------------------------------------------------------------------
208251
CONOCO INC CL A 30 6 15087 543673 SH DEFINED 1 543673
- ------------------------------------------------------------------------------------------------------------------------------------
208464
CONSECO INC COM 10 7 2899 152597 SH DEFINED 1 152597
- ------------------------------------------------------------------------------------------------------------------------------------
CONSOLIDATED EDISON 209115
INC COM 10 4 6315 152173 SH DEFINED 1 152173
- ------------------------------------------------------------------------------------------------------------------------------------
CONSOLIDATED NAT GAS 209615
CO COM 10 3 2511 40250 SH DEFINED 1 40250
====================================================================================================================================
</TABLE>
11
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
CONSOLIDATED PAPERS 209759
INC COM 10 9 1008 37500 SH DEFINED 1 37500
- ------------------------------------------------------------------------------------------------------------------------------------
216669
COOPER INDS INC COM 10 1 2247 48074 SH DEFINED 1 48074
- ------------------------------------------------------------------------------------------------------------------------------------
218728
CORIMON SA SPONS ADR 50 9 16 20798 SH DEFINED 1 20798
- ------------------------------------------------------------------------------------------------------------------------------------
219350
CORNING INC COM 10 5 7309 106610 SH DEFINED 1 106610
- ------------------------------------------------------------------------------------------------------------------------------------
COUNTRYWIDE CR INDS 222372
INC DEL COM 10 4 1493 46300 SH DEFINED 1 46300
- ------------------------------------------------------------------------------------------------------------------------------------
COX COMMUNICATIONS 224044
INC NEW CL A 10 7 9206 220500 SH DEFINED 1 220500
- ------------------------------------------------------------------------------------------------------------------------------------
CRISTAL ERIAS 226714
DE CHILE SA SPONS ADR 10 3 285 20700 SH DEFINED 1 20700
- ------------------------------------------------------------------------------------------------------------------------------------
228255
CROWN CORK & SEAL INC COM 10 5 1179 48630 SH DEFINED 1 48630
- ------------------------------------------------------------------------------------------------------------------------------------
231021
CUMMINS ENGINE INC COM 10 6 513 10300 SH DEFINED 1 10300
- ------------------------------------------------------------------------------------------------------------------------------------
CYPRESS 232806
SEMICONDUCTOR CORP COM 10 9 624 29000 SH DEFINED 1 29000
- ------------------------------------------------------------------------------------------------------------------------------------
CYPRUS AMAX MINERALS 232809
CO COM 10 3 484 24650 SH DEFINED 1 24650
- ------------------------------------------------------------------------------------------------------------------------------------
233293
DPL INC COM 10 9 2541 144150 SH DEFINED 1 144150
- ------------------------------------------------------------------------------------------------------------------------------------
23329J
DQE COM 10 4 1387 35450 SH DEFINED 1 35450
- ------------------------------------------------------------------------------------------------------------------------------------
233331
DTE ENERGY CO COM 10 7 2055 56500 SH DEFINED 1 56500
- ------------------------------------------------------------------------------------------------------------------------------------
235811
DANA CORP COM 10 6 2630 70851 SH DEFINED 1 70851
- ------------------------------------------------------------------------------------------------------------------------------------
DARDEN RESTAURANTS 237194
INC COM 105 1731 88478 SH DEFINED 1 88478
====================================================================================================================================
</TABLE>
12
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
239753
DAYTON HUDSON CORP COM 10 6 29981 499160 SH DEFINED 1 499160
- ------------------------------------------------------------------------------------------------------------------------------------
244199
DEERE & CO COM 10 5 5162 133421 SH DEFINED 1 133421
- ------------------------------------------------------------------------------------------------------------------------------------
245334
DE RIGO SPA SPONS ADR 10 7 6103 1085000 SH DEFINED 1 1085000
- ------------------------------------------------------------------------------------------------------------------------------------
247025
DELL COMPUTER CORP COM 10 9 71691 1714574 SH DEFINED 1 1714574
- ------------------------------------------------------------------------------------------------------------------------------------
DELTA AIR LINES INC 247361
DEL COM 10 8 3681 75900 SH DEFINED 1 75900
- ------------------------------------------------------------------------------------------------------------------------------------
248019
DELUXE CORP COM 10 1 898 26400 SH DEFINED 1 26400
- ------------------------------------------------------------------------------------------------------------------------------------
DESC SA 250309
DE CV SPONS ADR 10 1 538 32100 SH DEFINED 1 32100
- ------------------------------------------------------------------------------------------------------------------------------------
DIAMOND OFFSHORE 25271C
DRILLING INC COM 10 2 1605 48100 SH DEFINED 1 48100
- ------------------------------------------------------------------------------------------------------------------------------------
253651
DIEBOLD INC COM 10 3 571 24700 SH DEFINED 1 24700
- ------------------------------------------------------------------------------------------------------------------------------------
254687
DISNEY WALT CO DEL COM 10 6 33631 1293499 SH DEFINED 1 1293499
- ------------------------------------------------------------------------------------------------------------------------------------
256605
DOLE FOOD INC COM 10 6 463 24370 SH DEFINED 1 24370
- ------------------------------------------------------------------------------------------------------------------------------------
256669
DOLLAR GEN CORP COM 10 2 4871 157750 SH DEFINED 1 157750
- ------------------------------------------------------------------------------------------------------------------------------------
257470
DOMINION RES INC VA COM 10 4 4102 90900 SH DEFINED 1 90900
- ------------------------------------------------------------------------------------------------------------------------------------
257561
DOMTAR INC COM 10 0 689 66900 SH DEFINED 1 66900
- ------------------------------------------------------------------------------------------------------------------------------------
DONNELLEY R R & SONS 257867
CO COM 10 1 1715 59400 SH DEFINED 1 59400
- ------------------------------------------------------------------------------------------------------------------------------------
260003
DOVER CORP COM 10 8 4412 107931 SH DEFINED 1 107931
====================================================================================================================================
</TABLE>
13
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
260543
DOW CHEM CO COM 10 3 27379 240959 SH DEFINED 1 240959
- ------------------------------------------------------------------------------------------------------------------------------------
260561
DOW JONES & CO INC COM 10 5 2215 41500 SH DEFINED 1 41500
- ------------------------------------------------------------------------------------------------------------------------------------
DU PONT E I DE 263534
NEMOURS & CO COM 10 9 48901 808288 SH DEFINED 1 808288
- ------------------------------------------------------------------------------------------------------------------------------------
264399
DUKE POWER CO COM 10 6 15258 276791 SH DEFINED 1 276791
- ------------------------------------------------------------------------------------------------------------------------------------
DUN & BRADSTREET 26483B
CORP DEL COM 10 6 1911 63953 SH DEFINED 1 63953
- ------------------------------------------------------------------------------------------------------------------------------------
268457
EF&G INC COM 10 8 333 8380 SH DEFINED 1 8380
- ------------------------------------------------------------------------------------------------------------------------------------
268648
E M C CORP MASS COM 10 2 46473 651112 SH DEFINED 1 651112
- ------------------------------------------------------------------------------------------------------------------------------------
26874Q
ENSCO INTL INC COM 10 0 1133 62707 SH DEFINED 1 62707
- ------------------------------------------------------------------------------------------------------------------------------------
277432
EASTMAN CHEM CO COM 10 0 1338 33566 SH DEFINED 1 33566
- ------------------------------------------------------------------------------------------------------------------------------------
277461
EASTMAN KODAK CO COM 10 9 12125 160335 SH DEFINED 1 160335
- ------------------------------------------------------------------------------------------------------------------------------------
278058
EATON CORP COM 10 2 2727 31600 SH DEFINED 1 31600
- ------------------------------------------------------------------------------------------------------------------------------------
278751
ECHO BAY MINES LTD COM 10 2 67 34850 SH DEFINED 1 34850
- ------------------------------------------------------------------------------------------------------------------------------------
278865
ECOLAB INC COM 10 0 1409 41300 SH DEFINED 1 41300
- ------------------------------------------------------------------------------------------------------------------------------------
280905
EDPERBRASCAN CORP CL A 80 3 2116 149500 SH DEFINED 1 149500
- ------------------------------------------------------------------------------------------------------------------------------------
281020
EDISON INTL COM 10 7 4048 166500 SH DEFINED 1 166500
====================================================================================================================================
</TABLE>
14
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
281760
EDWARDS AG INC COM 10 8 572 21700 SH DEFINED 1 21700
- ------------------------------------------------------------------------------------------------------------------------------------
ELECTRONIC DATA SYS 285661
NEW COM 10 4 12804 241864 SH DEFINED 1 241864
- ------------------------------------------------------------------------------------------------------------------------------------
291011
EMERSON ELEC CO COM 10 4 37725 597034 SH DEFINED 1 597034
- ------------------------------------------------------------------------------------------------------------------------------------
EMBRATEL PARTIC- 29081N
IPACOES S A SPONS ADR 10 0 2401 208770 SH DEFINED 1 208770
- ------------------------------------------------------------------------------------------------------------------------------------
EMBOTELLADORA 29081P
ANDINA S A SPONS ADR 20 4 1491 86100 SH DEFINED 1 86100
- ------------------------------------------------------------------------------------------------------------------------------------
EMBOTELLADORA 29081P
ANDINA S A SPONS ADR 30 3 853 65600 SH DEFINED 1 65600
- ------------------------------------------------------------------------------------------------------------------------------------
EMPRESAS ICA 292448
SOCIEDAD CONTRLAD ADR 10 7 1698 578205 SH DEFINED 1 578205
- ------------------------------------------------------------------------------------------------------------------------------------
EMPRESA NACIONAL 29244T
DE ELCTRCIDAD SPONS ADR 10 1 2331 181069 SH DEFINED 1 181069
- ------------------------------------------------------------------------------------------------------------------------------------
29250N
ENBRIDGE INC COM 10 5 808 37400 SH DEFINED 1 37400
- ------------------------------------------------------------------------------------------------------------------------------------
29274F
ENERSIS SA SPONS ADR 10 4 3956 189524 SH DEFINED 1 189524
- ------------------------------------------------------------------------------------------------------------------------------------
292845
ENGELHARD CORP COM 10 4 1132 62023 SH DEFINED 1 62023
- ------------------------------------------------------------------------------------------------------------------------------------
293561
ENRON CORP COM 10 6 14046 342076 SH DEFINED 1 342076
- ------------------------------------------------------------------------------------------------------------------------------------
29364G
ENTERGY CORP NEW COM 10 3 4212 145560 SH DEFINED 1 145560
- ------------------------------------------------------------------------------------------------------------------------------------
294429
EQUIFAX INC COM 10 5 1631 58000 SH DEFINED 1 58000
- ------------------------------------------------------------------------------------------------------------------------------------
EQUITY OFFICE 294741
PROPERTIES TRUST COM 10 3 3111 133800 SH DEFINED 1 133800
- ------------------------------------------------------------------------------------------------------------------------------------
30224T
EXTENDICARE INC CDA SUB VT 87 1 53 16000 SH DEFINED 1 16000
====================================================================================================================================
</TABLE>
15
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
302290
EXXON CORP COM 10 1 112746 1483498 SH DEFINED 1 1483498
- ------------------------------------------------------------------------------------------------------------------------------------
302491
F M C CORP COM NE 30 3 925 19170 SH DEFINED 1 19170
- ------------------------------------------------------------------------------------------------------------------------------------
302571
FPL GROUP INC COM 10 4 5682 112785 SH DEFINED 1 112785
- ------------------------------------------------------------------------------------------------------------------------------------
31304N
FDX CORP COM 10 7 5309 136560 SH DEFINED 1 136560
- ------------------------------------------------------------------------------------------------------------------------------------
FEDERAL HOME LN MTG 313400
CORP COM 30 1 24517 471489 SH DEFINED 1 471489
- ------------------------------------------------------------------------------------------------------------------------------------
313586
FEDERAL NATL MTG ASSN COM 10 9 49803 794458 SH DEFINED 1 794458
- ------------------------------------------------------------------------------------------------------------------------------------
FEDERATED DEPT 31410H
STORES INC DEL COM 10 1 3958 90600 SH DEFINED 1 90600
- ------------------------------------------------------------------------------------------------------------------------------------
316773
FIFTH THIRD BANCORP COM 10 0 8374 137638 SH DEFINED 1 137638
- ------------------------------------------------------------------------------------------------------------------------------------
319963
FIRST DATA CORP COM 10 4 11406 259958 SH DEFINED 1 259958
- ------------------------------------------------------------------------------------------------------------------------------------
336294
FIRST SEC CORP DEL COM 10 3 1326 55762 SH DEFINED 1 55762
- ------------------------------------------------------------------------------------------------------------------------------------
337162
FIRST TENN NATL CORP COM 10 1 1339 47600 SH DEFINED 1 47600
- ------------------------------------------------------------------------------------------------------------------------------------
337358
FIRST UN CORP COM 10 5 22896 642690 SH DEFINED 1 642690
- ------------------------------------------------------------------------------------------------------------------------------------
337477
FIRST VA BANKS INC COM 10 3 915 21000 SH DEFINED 1 21000
- ------------------------------------------------------------------------------------------------------------------------------------
33763V
FIRSTAR CORP NEW WIS COM 10 9 12260 507550 SH DEFINED 1 507550
- ------------------------------------------------------------------------------------------------------------------------------------
337932
FIRSTENERGY CORP COM 10 7 3753 148272 SH DEFINED 1 148272
====================================================================================================================================
</TABLE>
16
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
FLEET FINL GROUP INC 338915
NEW COM 10 1 16806 458872 SH DEFINED 1 458872
- ------------------------------------------------------------------------------------------------------------------------------------
341109
FLORIDA PROGRESS CORP COM 10 6 1584 34250 SH DEFINED 1 34250
- ------------------------------------------------------------------------------------------------------------------------------------
343861
FLUOR CORP COM 10 0 1213 30146 SH DEFINED 1 30146
- ------------------------------------------------------------------------------------------------------------------------------------
FOMENTO
ECONOMICO 344419
MEXICANO SA SPONS ADR 10 6 2896 92487 SH DEFINED 1 92487
- ------------------------------------------------------------------------------------------------------------------------------------
345370
FORD MTR CO DEL COM 10 0 27271 542712 SH DEFINED 1 542712
- ------------------------------------------------------------------------------------------------------------------------------------
347471
FORT JAMES CORP COM 10 4 3337 125052 SH DEFINED 1 125052
- ------------------------------------------------------------------------------------------------------------------------------------
349631
FORTUNE BRANDS INC COM 10 1 2704 83845 SH DEFINED 1 83845
- ------------------------------------------------------------------------------------------------------------------------------------
350244
FOSTER WHEELER CORP COM 10 9 233 19300 SH DEFINED 1 19300
- ------------------------------------------------------------------------------------------------------------------------------------
FOUR SEASONS HOTEL 35100E
INC SUB VT 10 4 255 7000 SH DEFINED 1 7000
- ------------------------------------------------------------------------------------------------------------------------------------
354613
FRANKLIN RES INC COM 10 1 3800 124320 SH DEFINED 1 124320
- ------------------------------------------------------------------------------------------------------------------------------------
FREEPORT-MCMORAN 35671D
COPPER & GOLD CL A 10 5 152 10924 SH DEFINED 1 10924
- ------------------------------------------------------------------------------------------------------------------------------------
FREEPORT-MCMORAN 35671D
COPPER & GOLD CL B 85 7 2177 139896 SH DEFINED 1 139896
- ------------------------------------------------------------------------------------------------------------------------------------
35906P
FRONTIER CORPORATION COM 10 5 3993 73600 SH DEFINED 1 73600
- ------------------------------------------------------------------------------------------------------------------------------------
36225X
GPU INC COM 10 0 1606 49220 SH DEFINED 1 49220
- ------------------------------------------------------------------------------------------------------------------------------------
362320
GTE CORP COM 10 3 61316 797602 SH DEFINED 1 797602
====================================================================================================================================
</TABLE>
17
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
GALILEO 363547
INTERNATIONAL INC COM 10 0 3319 82450 SH DEFINED 1 82450
- ------------------------------------------------------------------------------------------------------------------------------------
364730
GANNETT INC COM 10 1 8932 129093 SH DEFINED 1 129093
- ------------------------------------------------------------------------------------------------------------------------------------
364760
GAP INC DEL COM 10 8 13420 419369 SH DEFINED 1 419369
- ------------------------------------------------------------------------------------------------------------------------------------
368731
GENER S A SPONS ADR 10 5 1734 113706 SH DEFINED 1 113706
- ------------------------------------------------------------------------------------------------------------------------------------
369550
GENERAL DYNAMICS CORP COM 10 8 4134 66212 SH DEFINED 1 66212
- ------------------------------------------------------------------------------------------------------------------------------------
369604
GENERAL ELEC CO COM 10 3 239881 2023243 SH DEFINED 1 2023243
- ------------------------------------------------------------------------------------------------------------------------------------
GENERAL INSTR CORP 370120
DEL COM 10 7 3178 66200 SH DEFINED 1 66200
- ------------------------------------------------------------------------------------------------------------------------------------
370334
GENERAL MLS INC COM 10 4 5659 69752 SH DEFINED 1 69752
- ------------------------------------------------------------------------------------------------------------------------------------
370442
GENERAL MTRS CORP COM 10 5 30393 482914 SH DEFINED 1 482914
- ------------------------------------------------------------------------------------------------------------------------------------
390442
GENERAL MTRS CORP CL H N 83 2 2613 45637 SH DEFINED 1 45637
- ------------------------------------------------------------------------------------------------------------------------------------
372460
GENUINE PARTS CO COM 10 5 1601 60275 SH DEFINED 1 60275
- ------------------------------------------------------------------------------------------------------------------------------------
372460
GENUINE PARTS CO CALL 90 5 145 16100 SH CALL DEFINED 1
- ------------------------------------------------------------------------------------------------------------------------------------
373298
GEORGIA PAC CORP COM 10 8 14820 366500 SH DEFINED 1 366500
- ------------------------------------------------------------------------------------------------------------------------------------
375766
GILLETTE CO COM 10 2 17593 518401 SH DEFINED 1 518401
- ------------------------------------------------------------------------------------------------------------------------------------
379352
GLOBAL MARINE INC COM 40 4 611 37200 SH DEFINED 1 37200
- ------------------------------------------------------------------------------------------------------------------------------------
GOLDEN WEST FINL 381317
CORP DEL COM 10 6 4861 49447 SH DEFINED 1 49447
====================================================================================================================================
</TABLE>
18
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
382388
GOODRICH B F CO COM 10 6 534 18400 SH DEFINED 1 18400
- ------------------------------------------------------------------------------------------------------------------------------------
GOODYEAR TIRE & RUBR 382550
CO COM 10 1 3324 69071 SH DEFINED 1 69071
- ------------------------------------------------------------------------------------------------------------------------------------
GRACE W R & CO DEL 38388F
NEW COM 10 8 650 39719 SH DEFINED 1 39719
- ------------------------------------------------------------------------------------------------------------------------------------
384802
GRAINGER W W INC COM 10 4 2486 51718 SH DEFINED 1 51718
- ------------------------------------------------------------------------------------------------------------------------------------
390568
GREAT LAKES CHEM CORP COM 10 3 1510 39681 SH DEFINED 1 39681
- ------------------------------------------------------------------------------------------------------------------------------------
395384
GREENPOINT FINL COPR COM 10 0 1033 38900 SH DEFINED 1 38900
- ------------------------------------------------------------------------------------------------------------------------------------
GRUPO CASA AUTREY 40048P
SA DE CV SPONS ADR 10 4 64 16000 SH DEFINED 1 16000
- ------------------------------------------------------------------------------------------------------------------------------------
GRUPO TELEVISA 400493
SA DE CV GLB DEP 20 6 9837 246300 SH DEFINED 1 246300
- ------------------------------------------------------------------------------------------------------------------------------------
40065W
GUANGSHEN LTD SPONS ADR 10 7 69 11000 SH DEFINED 1 11000
- ------------------------------------------------------------------------------------------------------------------------------------
401698
GUIDANT CORP COM 10 5 6539 121946 SH DEFINED 1 121946
- ------------------------------------------------------------------------------------------------------------------------------------
40218L
GULF CDA RES LTD ORD 30 5 534 129000 SH DEFINED 1 129000
- ------------------------------------------------------------------------------------------------------------------------------------
406216
HALLIBURTON CO COM 10 1 8071 196858 SH DEFINED 1 196858
- ------------------------------------------------------------------------------------------------------------------------------------
41163G
HARCOURT GEN INC COM 10 1 1328 31907 SH DEFINED 1 31907
- ------------------------------------------------------------------------------------------------------------------------------------
412822
HARLEY DAVIDSON INC COM 10 8 3541 70733 SH DEFINED 1 70733
- ------------------------------------------------------------------------------------------------------------------------------------
HARNISCHFEGER INDS 413345
INC COM 10 9 17 17000 SH DEFINED 1 17000
- ------------------------------------------------------------------------------------------------------------------------------------
413619
HARRAHS ENTMT INC COM 10 7 1558 56140 SH DEFINED 1 56140
====================================================================================================================================
</TABLE>
19
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
413875
HARRIS CORP DEL COM 10 5 1268 45900 SH DEFINED 1 45900
- ------------------------------------------------------------------------------------------------------------------------------------
HARTFORD FINL SVCS 416515
GROUP INC COM 10 4 4939 120842 SH DEFINED 1 120842
- ------------------------------------------------------------------------------------------------------------------------------------
418056
HASBRO INC COM 10 7 2510 116727 SH DEFINED 1 116727
- ------------------------------------------------------------------------------------------------------------------------------------
HEALTHSOUTH 421924
REHABILITATION CP COM 10 1 980 159953 SH DEFINED 1 159953
- ------------------------------------------------------------------------------------------------------------------------------------
423074
HEINZ H J CO COM 10 3 7220 167914 SH DEFINED 1 167914
- ------------------------------------------------------------------------------------------------------------------------------------
HELLENIC TELECOM 423325
ORGANISATION SA SPONS ADR 30 7 6479 579108 SH DEFINED 1 579108
- ------------------------------------------------------------------------------------------------------------------------------------
427056
HERCULES INC COM 10 6 918 32081 SH DEFINED 1 32081
- ------------------------------------------------------------------------------------------------------------------------------------
428236
HEWLETT PACKARD CO COM 10 3 58473 644329 SH DEFINED 1 644329`
- ------------------------------------------------------------------------------------------------------------------------------------
431573
HILLENBRAND INDS INC COM 10 4 601 22775 SH DEFINED 1 22775
- ------------------------------------------------------------------------------------------------------------------------------------
432848
HILTON HOTELS CORP COM 10 9 1055 106798 SH DEFINED 1 106798
- ------------------------------------------------------------------------------------------------------------------------------------
437076
HOME DEPOT INC COM 10 2 59902 872888 SH DEFINED 1 872888
- ------------------------------------------------------------------------------------------------------------------------------------
437614
HOMESTAKE MNG CO COM 10 0 2347 1201123 SH DEFINED 1 1201123
- ------------------------------------------------------------------------------------------------------------------------------------
438506
HONEYWELL INC COM 10 7 7964 71546 SH DEFINED 1 71546
- ------------------------------------------------------------------------------------------------------------------------------------
441815
HOUSEHOLD INTL INC COM 10 7 9078 226248 SH DEFINED 1 226248
- ------------------------------------------------------------------------------------------------------------------------------------
443510
HUBBELL INC CL B 20 1 606 19000 SH DEFINED 1 19000
====================================================================================================================================
</TABLE>
20
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
444859
HUMANA INC COM 10 2 604 87895 SH DEFINED 1 87895
- ------------------------------------------------------------------------------------------------------------------------------------
HUNTINGTON 446150
BANCSHARES INC COM 10 4 3223 121330 SH DEFINED 1 121330
- ------------------------------------------------------------------------------------------------------------------------------------
IMC FERTILIZER GROUP 449669
INC COM 10 0 761 52244 SH DEFINED 1 52244
- ------------------------------------------------------------------------------------------------------------------------------------
449934
IMS HEALTH INC COM 10 8 3737 163833 SH DEFINED 1 163833
- ------------------------------------------------------------------------------------------------------------------------------------
IRSA INVERSTIONERS Y 450047
REP S A GLOBL 20 4 529 18824 SH DEFINED 1 18824
- ------------------------------------------------------------------------------------------------------------------------------------
450911
ITT INDS INC IND COM 10 2 3351 105346 SH DEFINED 1 105346
- ------------------------------------------------------------------------------------------------------------------------------------
IKON OFFICE 451713
SOLUTIONS INC COM 10 1 606 56729 SH DEFINED 1 56729
- ------------------------------------------------------------------------------------------------------------------------------------
452308
ILLINOIS TOOL WKS INC COM 10 9 8439 113186 SH DEFINED 1 113186
- ------------------------------------------------------------------------------------------------------------------------------------
452317
ILLINOVA CORP COM 10 0 1179 42000 SH DEFINED 1 42000
- ------------------------------------------------------------------------------------------------------------------------------------
453038
IMPERIAL OIL LTD COM NE 40 8 4423 211580 SH DEFINED 1 211580
- ------------------------------------------------------------------------------------------------------------------------------------
453258
INCO LTD COM 40 2 1952 91371 SH DEFINED 1 91371
- ------------------------------------------------------------------------------------------------------------------------------------
454090
INDIA GROWTH FD INC COM 10 1 380 32200 SH DEFINED 1 32200
- ------------------------------------------------------------------------------------------------------------------------------------
456779
INFORMIX CORP COM 10 7 439 55245 SH DEFINED 1 55245
- ------------------------------------------------------------------------------------------------------------------------------------
456866
INGERSOLL RAND CO COM 10 2 5615 102206 SH DEFINED 1 102206
- ------------------------------------------------------------------------------------------------------------------------------------
458140
INTEL CORP COM 10 0 159438 2145504 SH DEFINED 1 2145504
====================================================================================================================================
</TABLE>
21
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
INTERNATIONAL 459200
BUSINESS MACHS COM 10 1 140398 1160313 SH DEFINED 1 1160313
- ------------------------------------------------------------------------------------------------------------------------------------
INTERNATIONAL 459506
FLAVORS & FRAGRANC COM 10 1 1735 50300 SH DEFINED 1 50300
- ------------------------------------------------------------------------------------------------------------------------------------
INTERNATIONAL PAPER 460146
CO COM 10 3 11045 229795 SH DEFINED 1 229795
- ------------------------------------------------------------------------------------------------------------------------------------
INTERPUBLIC GROUP 460690
COS INC COM 10 0 6134 149156 SH DEFINED 1 149156
- ------------------------------------------------------------------------------------------------------------------------------------
475070
JEFFERSON PILOT CORP COM 10 8 2816 44572 SH DEFINED 1 44572
- ------------------------------------------------------------------------------------------------------------------------------------
478160
JOHNSON & JOHNSON COM 10 4 67628 736085 SH DEFINED 1 736085
- ------------------------------------------------------------------------------------------------------------------------------------
478366
JOHNSON CTLS INC COM 10 7 1824 27500 SH DEFINED 1 27500
- ------------------------------------------------------------------------------------------------------------------------------------
482480
KLA INSTRS CORP COM 10 0 1879 28900 SH DEFINED 1 28900
- ------------------------------------------------------------------------------------------------------------------------------------
482584
K MART CORP COM 10 9 3228 276228 SH DEFINED 1 276228
- ------------------------------------------------------------------------------------------------------------------------------------
KANSAS CITY SOUTHN 485170
INDS INC COM 10 4 2139 46000 SH DEFINED 1 46000
- ------------------------------------------------------------------------------------------------------------------------------------
487836
KELLOGG CO COM 10 8 7560 201938 SH DEFINED 1 201938
- ------------------------------------------------------------------------------------------------------------------------------------
492386
KERR MCGEE CORP COM 10 7 1837 33357 SH DEFINED 1 33357
- ------------------------------------------------------------------------------------------------------------------------------------
493267
KEYCORP NEW COM 10 8 5816 225321 SH DEFINED 1 225321
- ------------------------------------------------------------------------------------------------------------------------------------
494368
KIMBERLY CLARK CORP COM 10 3 19230 364552 SH DEFINED 1 364552
- ------------------------------------------------------------------------------------------------------------------------------------
KING WORLD PRODTNS 495667
INC COM 10 7 653 17400 SH DEFINED 1 17400
====================================================================================================================================
</TABLE>
22
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
496902
KINROSS GOLD CORP COM 10 7 101 36000 SH DEFINED 1 36000
- ------------------------------------------------------------------------------------------------------------------------------------
499040
KNIGHT RIDDER INC COM 10 3 1683 30600 SH DEFINED 1 30600
- ------------------------------------------------------------------------------------------------------------------------------------
500255
KOHLS COPR COM 10 4 6124 92606 SH DEFINED 1 92606
- ------------------------------------------------------------------------------------------------------------------------------------
500507
KOOR INDS STD SPONS ADR 10 8 466 26700 SH DEFINED 1 26700
- ------------------------------------------------------------------------------------------------------------------------------------
500631
KOREA ELECTRIC POWER SPONS ADR 10 6 4273 266000 SH DEFINED 1 266000
- ------------------------------------------------------------------------------------------------------------------------------------
501044
KROGER CO COM 10 1 26829 1216062 SH DEFINED 1 1216062
- ------------------------------------------------------------------------------------------------------------------------------------
LABORATORIO 50540H
CHILE SA ADR 10 4 335 19500 SH DEFINED 1 19500
- ------------------------------------------------------------------------------------------------------------------------------------
502161
LSI LOGIC CORP COM 10 2 4017 77259 SH DEFINED 1 77259
- ------------------------------------------------------------------------------------------------------------------------------------
50730K
LAIDLAW INC COM 50 3 1400 206295 SH DEFINED 1 206295
- ------------------------------------------------------------------------------------------------------------------------------------
518439
LAUDER ESTEE COS INC CL A 10 4 2015 53896 SH DEFINED 1 53896
- ------------------------------------------------------------------------------------------------------------------------------------
524660
LEGGETT & PLATT INC COM 10 7 1427 72500 SH DEFINED 1 72500
- ------------------------------------------------------------------------------------------------------------------------------------
524908
LEHMAN BROS HLDGS INC COM 10 0 2955 50613 SH DEFINED 1 50613
- ------------------------------------------------------------------------------------------------------------------------------------
527288
LEUCADIA NATL CORP COM 10 4 204 9700 SH DEFINED 1 9700
- ------------------------------------------------------------------------------------------------------------------------------------
LEVEL 3 52729N
COMMUNICATIONS INC COM 10 0 7843 150200 SH DEFINED 1 150200
- ------------------------------------------------------------------------------------------------------------------------------------
532457
LILLY ELI & CO COM 10 8 48526 756009 SH DEFINED 1 756009
- ------------------------------------------------------------------------------------------------------------------------------------
532716
LIMITED INC COM 10 7 4627 120975 SH DEFINED 1 120975
====================================================================================================================================
</TABLE>
23
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
534187
LINCOLN NATL CORP IND COM 10 9 3501 93200 SH DEFINED 1 93200
- ------------------------------------------------------------------------------------------------------------------------------------
LINEAR TECHNOLOGY 535678
CORP COM 10 6 4538 77200 SH DEFINED 1 77200
- ------------------------------------------------------------------------------------------------------------------------------------
538021
LITTON INDS INC COM 10 6 1305 23830 SH DEFINED 1 23830
- ------------------------------------------------------------------------------------------------------------------------------------
539320
LIZ CLAIBORNE INC COM 10 1 647 20878 SH DEFINED 1 20878
- ------------------------------------------------------------------------------------------------------------------------------------
539830
LOCKHEED MARTIN CORP COM 10 9 7465 228374 SH DEFINED 1 228374
- ------------------------------------------------------------------------------------------------------------------------------------
540424
LOEWS CORP COM 10 8 3661 52160 SH DEFINED 1 52160
- ------------------------------------------------------------------------------------------------------------------------------------
54042L
LOEWEN GROUP INC COM 10 0 14 27000 SH DEFINED 1 27000
- ------------------------------------------------------------------------------------------------------------------------------------
546347
LOUISIANA PAC CORP COM 10 5 473 30300 SH DEFINED 1 30300
- ------------------------------------------------------------------------------------------------------------------------------------
548661
LOWES COS INC COM 10 7 8340 171085 SH DEFINED 1 171085
- ------------------------------------------------------------------------------------------------------------------------------------
549271
LUBRIZOL CORP COM 10 4 747 29090 SH DEFINED 1 29090
- ------------------------------------------------------------------------------------------------------------------------------------
LUCENT TECHNOLOGIES 549463
INC COM 10 7 129181 1991223 SH DEFINED 1 1991223
- ------------------------------------------------------------------------------------------------------------------------------------
556304
MADECO SA SPONS ADR 10 3 451 44000 SH DEFINED 1 44000
- ------------------------------------------------------------------------------------------------------------------------------------
55262C
MBIA INC COM 10 0 2257 48400 SH DEFINED 1 48400
- ------------------------------------------------------------------------------------------------------------------------------------
55262L
MBNA CORP COM 10 0 8142 356888 SH DEFINED 1 356888
- ------------------------------------------------------------------------------------------------------------------------------------
55268B
MCI WORLDWIDE INC COM 10 6 98105 1364946 SH DEFINED 1 1364946
- ------------------------------------------------------------------------------------------------------------------------------------
552848
MGIC INVT CORP WIS COM 10 3 2703 56600 SH DEFINED 1 56600
====================================================================================================================================
</TABLE>
24
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
554783
MACMILLAN BLOEDEL LTD COM 20 9 866 55365 SH DEFINED 1 55365
- ------------------------------------------------------------------------------------------------------------------------------------
559222
MAGNA INTL INC CL A 40 1 2346 47500 SH DEFINED 1 47500
- ------------------------------------------------------------------------------------------------------------------------------------
559776
MAGYAR TARKOZDESI RT SPONS ADR 10 9 7330 269000 SH DEFINED 1 269000
- ------------------------------------------------------------------------------------------------------------------------------------
561232
MALLINCKRODT INC NEW COM 10 9 525 17400 SH DEFINED 1 17400
- ------------------------------------------------------------------------------------------------------------------------------------
MARSH & MCLENNAN COS 571748
INC COM 10 2 8623 125886 SH DEFINED 1 125886
- ------------------------------------------------------------------------------------------------------------------------------------
MARSHALL & ILSLEY 571834
CORP COM 10 0 1769 31000 SH DEFINED 1 31000
- ------------------------------------------------------------------------------------------------------------------------------------
571903
MARRIOTT INTL INC NEW CL A 20 2 4419 135182 SH DEFINED 1 135182
- ------------------------------------------------------------------------------------------------------------------------------------
574599
MASCO CORP COM 10 6 11619 374820 SH DEFINED 1 374820
- ------------------------------------------------------------------------------------------------------------------------------------
577081
MATTEL INC COM 10 2 3538 186222 SH DEFINED 1 186222
- ------------------------------------------------------------------------------------------------------------------------------------
577717
MAVESA SA SPONS ADR 10 1 635 211640 SH DEFINED 1 211640
- ------------------------------------------------------------------------------------------------------------------------------------
577778
MAY DEPT STORES CO COM 10 3 5868 161037 SH DEFINED 1 161037
- ------------------------------------------------------------------------------------------------------------------------------------
578592
MAYTAG CORP COM 10 7 1319 39603 SH DEFINED 1 39603
- ------------------------------------------------------------------------------------------------------------------------------------
580037
MCDERMOTT INTL INC COM 10 9 377 18600 SH DEFINED 1 18600
- ------------------------------------------------------------------------------------------------------------------------------------
580135
MCDONALDS CORP COM 10 1 28333 655108 SH DEFINED 1 655108
- ------------------------------------------------------------------------------------------------------------------------------------
580645
MCGRAW HILL INC COM 10 9 7012 144959 SH DEFINED 1 144959
- ------------------------------------------------------------------------------------------------------------------------------------
582834
MEAD CORP COM 10 7 3705 107793 SH DEFINED 1 107793
====================================================================================================================================
</TABLE>
25
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
58440J
MEDIAONE GROUP INC COM 10 4 17835 261080 SH DEFINED 1 261080
- ------------------------------------------------------------------------------------------------------------------------------------
58501T
MEDITRUST CORP PAIRED 30 6 545 64152 SH DEFINED 1 64152
- ------------------------------------------------------------------------------------------------------------------------------------
58503X
MEDPARTNERS INC NEW COM 10 7 288 50000 SH DEFINED 1 50000
- ------------------------------------------------------------------------------------------------------------------------------------
585055
MEDTRONIC INC COM 10 6 20230 568870 SH DEFINED 1 568870
- ------------------------------------------------------------------------------------------------------------------------------------
585509
MELLON BK CORP COM 10 2 9270 275690 SH DEFINED 1 275690
- ------------------------------------------------------------------------------------------------------------------------------------
587200
MENTOR GRAPHICS CORP COM 10 6 133 15530 SH DEFINED 1 15530
- ------------------------------------------------------------------------------------------------------------------------------------
589331
MERCK & CO INC COM 10 7 94397 1456466 SH DEFINED 1 1456466
- ------------------------------------------------------------------------------------------------------------------------------------
MERRILL LYNCH & CO 590188
INC COM 10 8 10909 161912 SH DEFINED 1 161912
- ------------------------------------------------------------------------------------------------------------------------------------
59151K
METHANEX CORP COM 10 8 193 67400 SH DEFINED 1 67400
- ------------------------------------------------------------------------------------------------------------------------------------
594918
MICROSOFT CORP COM 10 4 275995 3047569 SH DEFINED 1 3047569
- ------------------------------------------------------------------------------------------------------------------------------------
595112
MICRON TECHNOLOGY INC COM 10 3 7949 119530 SH DEFINED 1 119530
- ------------------------------------------------------------------------------------------------------------------------------------
MINNESOTA MIN & MFG 604059
CO COM 10 5 26134 272054 SH DEFINED 1 272054
- ------------------------------------------------------------------------------------------------------------------------------------
60462E
MIRAGE RESORTS INC COM 10 4 1116 79700 SH DEFINED 1 79700
- ------------------------------------------------------------------------------------------------------------------------------------
606711
MITEL CORP COM 10 9 189 24000 SH DEFINED 1 24000
- ------------------------------------------------------------------------------------------------------------------------------------
607059
MOBIL CORP COM 10 2 66251 657580 SH DEFINED 1 657580
====================================================================================================================================
</TABLE>
26
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
608554
MOLEX INC COM 10 1 1490 40962 SH DEFINED 1 40962
- ------------------------------------------------------------------------------------------------------------------------------------
608554
MOLEX INC CL A 20 0 1400 43252 SH DEFINED 1 43252
- ------------------------------------------------------------------------------------------------------------------------------------
611662
MONSANTO CO COM 10 7 10112 283346 SH DEFINED 1 283346
- ------------------------------------------------------------------------------------------------------------------------------------
615785
MOORE LTD COM 10 2 272 26981 SH DEFINED 1 26981
- ------------------------------------------------------------------------------------------------------------------------------------
616880
MORGAN J P & CO INC COM 10 0 9945 87042 SH DEFINED 1 87042
- ------------------------------------------------------------------------------------------------------------------------------------
MORGAN S D WITTER 617446
DISCOVER & CO COM NE 44 8 32247 361566 SH DEFINED 1 361566
- ------------------------------------------------------------------------------------------------------------------------------------
620076
MOTOROLA INC COM 10 9 35966 408709 SH DEFINED 1 408709
- ------------------------------------------------------------------------------------------------------------------------------------
628530
MYLAN LABS INC COM 10 7 1046 56900 SH DEFINED 1 56900
- ------------------------------------------------------------------------------------------------------------------------------------
62886E
NCR CORP NEW COM 10 8 1582 47840 SH DEFINED 1 47840
- ------------------------------------------------------------------------------------------------------------------------------------
629526
NABISCO HLDGS CORP CL A 10 4 583 16873 SH DEFINED 1 16873
- ------------------------------------------------------------------------------------------------------------------------------------
629568
NABORS INDS INC COM 10 6 9120 364800 SH DEFINED 1 364800
- ------------------------------------------------------------------------------------------------------------------------------------
629853
NALCO CHEM CO COM 10 2 1471 29130 SH DEFINED 1 29130
- ------------------------------------------------------------------------------------------------------------------------------------
635405
NATIONAL CITY CORP COM 10 3 8275 310068 SH DEFINED 1 310068
- ------------------------------------------------------------------------------------------------------------------------------------
NATIONAL 637640
SEMICONDUCTOR CORP COM 10 3 2824 92400 SH DEFINED 1 92400
- ------------------------------------------------------------------------------------------------------------------------------------
637657
NATIONAL SVC INDS INC COM 10 7 466 14800 SH DEFINED 1 14800
- ------------------------------------------------------------------------------------------------------------------------------------
NAVISTAR INTL CORP 63934E
NEW COM 10 8 817 17561 SH DEFINED 1 17561
====================================================================================================================================
</TABLE>
27
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
644001
NEW ENGLAND ELEC SYS COM 10 9 1109 21384 SH DEFINED 1 21384
- ------------------------------------------------------------------------------------------------------------------------------------
650111
NEW YORK TIMES CO CL A 10 7 4768 127138 SH DEFINED 1 127138
- ------------------------------------------------------------------------------------------------------------------------------------
NEWBRIDGE NETWORKS 650901
CORP COM 10 1 2431 94110 SH DEFINED 1 94110
- ------------------------------------------------------------------------------------------------------------------------------------
650905
NEWCOURT CR GROUP INC COM 10 2 633 48700 SH DEFINED 1 48700
- ------------------------------------------------------------------------------------------------------------------------------------
651639
NEWMONT MNG CORP COM 10 6 1450 1023849 SH DEFINED 1 1023849
- ------------------------------------------------------------------------------------------------------------------------------------
NEXTEL 65332V
COMMUNICATIONS INC CL A 10 3 9582 141300 SH DEFINED 1 141300
- ------------------------------------------------------------------------------------------------------------------------------------
654086
NICOR INC COM 10 7 729 19600 SH DEFINED 1 19600
- ------------------------------------------------------------------------------------------------------------------------------------
NIELSEN MEDIA RESH 653929
INC COM NEW 30 7 625 16800 SH DEFINED 1 16800
- ------------------------------------------------------------------------------------------------------------------------------------
654106
NIKE INC CL B 10 3 5782 101669 SH DEFINED 1 101669
- ------------------------------------------------------------------------------------------------------------------------------------
654894
NOBLE AFFILIATES INC COM 10 4 2549 87900 SH DEFINED 1 87900
- ------------------------------------------------------------------------------------------------------------------------------------
655664
NORDSTROM INC COM 10 0 1825 67600 SH DEFINED 1 67600
- ------------------------------------------------------------------------------------------------------------------------------------
655844
NORFOLK SOUTHERN CORP COM 10 8 4272 174350 SH DEFINED 1 174350
- ------------------------------------------------------------------------------------------------------------------------------------
664397
NORTHEAST UTILS COM 10 6 1028 55950 SH DEFINED 1 55950
- ------------------------------------------------------------------------------------------------------------------------------------
NORTHN STS PWR CO 665772
MINN COM 10 9 1412 65500 SH DEFINED 1 65500
- ------------------------------------------------------------------------------------------------------------------------------------
665859
NORTHERN TR CORP COM 10 4 5110 61200 SH DEFINED 1 61200
====================================================================================================================================
</TABLE>
28
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
666807
NORTHROP CORP COM 10 2 1929 30346 SH DEFINED 1 30346
- ------------------------------------------------------------------------------------------------------------------------------------
667280
NORTHWEST AIRLS CORP CL A 10 1 1323 51876 SH DEFINED 1 51876
- ------------------------------------------------------------------------------------------------------------------------------------
670006
NOVELL INC COM 10 5 3190 154216 SH DEFINED 1 154216
- ------------------------------------------------------------------------------------------------------------------------------------
670346
NUCOR CORP COM 10 5 1029 21600 SH DEFINED 1 21600
- ------------------------------------------------------------------------------------------------------------------------------------
OCCIDENTAL PETE CORP 674599
DEL COM 10 5 3913 169206 SH DEFINED 1 169206
- ------------------------------------------------------------------------------------------------------------------------------------
676220
OFFICE DEPOT INC COM 10 6 2443 232645 SH DEFINED 1 232645
- ------------------------------------------------------------------------------------------------------------------------------------
679833
OLD KENT FINL CORP COM 10 3 1324 35665 SH DEFINED 1 35665
- ------------------------------------------------------------------------------------------------------------------------------------
680223
OLD REP INTL CORP COM 10 4 306 21255 SH DEFINED 1 21255
- ------------------------------------------------------------------------------------------------------------------------------------
680665
OLIN CORP COM PA 20 5 169 12400 SH DEFINED 1 12400
- ------------------------------------------------------------------------------------------------------------------------------------
681919
OMNICOM GROUP INC COM 10 6 5557 70174 SH DEFINED 1 70174
- ------------------------------------------------------------------------------------------------------------------------------------
68389X
ORACLE SYSTEMS CORP COM 10 5 31133 684242 SH DEFINED 1 684242
- ------------------------------------------------------------------------------------------------------------------------------------
690768
OWENS ILL INC COM NE 40 3 2422 122257 SH DEFINED 1 122257
- ------------------------------------------------------------------------------------------------------------------------------------
OXFORD HEALTH PLANS 691471
INC COM 10 6 254 20300 SH DEFINED 1 20300
- ------------------------------------------------------------------------------------------------------------------------------------
693304
PECO ENERGY CO COM 10 7 4005 106810 SH DEFINED 1 106810
- ------------------------------------------------------------------------------------------------------------------------------------
69331C
PG&E CORP COM 10 8 4674 180634 SH DEFINED 1 180634
====================================================================================================================================
</TABLE>
29
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
69344M
PMI GROUP INC COM 10 1 386 9450 SH DEFINED 1 9450
- ------------------------------------------------------------------------------------------------------------------------------------
693475
PNC FINL CORP COM 10 5 8089 153528 SH DEFINED 1 153528
- ------------------------------------------------------------------------------------------------------------------------------------
693499
P P & L RES INC COM 10 5 1562 57700 SH DEFINED 1 57700
- ------------------------------------------------------------------------------------------------------------------------------------
693506
PPG INDS INC COM 10 7 5891 98182 SH DEFINED 1 98182
- ------------------------------------------------------------------------------------------------------------------------------------
693718
PACCAR INC COM 10 8 1653 32500 SH DEFINED 1 32500
- ------------------------------------------------------------------------------------------------------------------------------------
695114
PACIFICORP COM 10 8 2491 123789 SH DEFINED 1 123789
- ------------------------------------------------------------------------------------------------------------------------------------
PAINE WEBBER GROUP 695629
INC COM 10 5 1880 51855 SH DEFINED 1 51855
- ------------------------------------------------------------------------------------------------------------------------------------
695844
PAKISTAN INVT FD INC COM 10 0 856 415000 SH DEFINED 1 415000
- ------------------------------------------------------------------------------------------------------------------------------------
696429
PALL CORP COM 30 7 770 33215 SH DEFINED 1 33215
- ------------------------------------------------------------------------------------------------------------------------------------
PARAMETRIC 699173
TECHNOLOGY CORP COM 10 0 1402 103836 SH DEFINED 1 103836
- ------------------------------------------------------------------------------------------------------------------------------------
701094
PARKER HANNIFIN CORP COM 10 4 3068 68455 SH DEFINED 1 68455
- ------------------------------------------------------------------------------------------------------------------------------------
704326
PAYCHEX INC COM 10 7 3844 112643 SH DEFINED 1 112643
- ------------------------------------------------------------------------------------------------------------------------------------
708160
PENNEY J C INC COM 10 6 4215 122177 SH DEFINED 1 122177
- ------------------------------------------------------------------------------------------------------------------------------------
PENNZOIL-QUAKER 709323
STATE COMPANY COM 10 9 485 38407 SH DEFINED 1 38407
- ------------------------------------------------------------------------------------------------------------------------------------
711030
PEOPLES ENERGY CORP COM 10 6 528 15000 SH DEFINED 1 15000
====================================================================================================================================
</TABLE>
30
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
712713
PEOPLESOFT INC COM 10 6 1570 92700 SH DEFINED 1 92700
- ------------------------------------------------------------------------------------------------------------------------------------
713448
PEPSICO INC COM 10 8 33461 1097079 SH DEFINED 1 1097079
- ------------------------------------------------------------------------------------------------------------------------------------
713435
PEPSI-GEMEX SA DE CV GDR REP OR 10 5 194 34100 SH DEFINED 1 34100
- ------------------------------------------------------------------------------------------------------------------------------------
PT TELEKOMUNIKASI 715684
INDONESIA SPONS ADR 10 6 135 19440 SH DEFINED 1 19440
- ------------------------------------------------------------------------------------------------------------------------------------
PHARMACIA & UPJOHN 716941
INC COM 10 9 22280 448961 SH DEFINED 1 448961
- ------------------------------------------------------------------------------------------------------------------------------------
717081
PFIZER INC COM 10 3 72165 2011501 SH DEFINED 1 2011501
- ------------------------------------------------------------------------------------------------------------------------------------
717265
PHELPS DODGE CORP COM 10 2 1851 33608 SH DEFINED 1 33608
- ------------------------------------------------------------------------------------------------------------------------------------
718154
PHILIP MORRIS COS INC COM 10 7 62970 1841905 SH DEFINED 1 1841905
- ------------------------------------------------------------------------------------------------------------------------------------
PHILIPPINE LONG 718252
DISTANCE TEL SPONS ADR 60 4 991 45560 SH DEFINED 1 45560
- ------------------------------------------------------------------------------------------------------------------------------------
718507
PHILLIPS PETE CO COM 10 6 5413 111040 SH DEFINED 1 111040
- ------------------------------------------------------------------------------------------------------------------------------------
PINNACLE WEST CAP 723484
CORP COM 10 1 913 25100 SH DEFINED 1 25100
- ------------------------------------------------------------------------------------------------------------------------------------
PIONEER HI BRED INTL 723686
INC COM 10 1 4330 109100 SH DEFINED 1 109100
- ------------------------------------------------------------------------------------------------------------------------------------
724479
PITNEY BOWES INC COM 10 0 17500 287174 SH DEFINED 1 287174
- ------------------------------------------------------------------------------------------------------------------------------------
725701
PITTSTON CO DEL COM 10 6 390 16800 SH DEFINED 1 16800
- ------------------------------------------------------------------------------------------------------------------------------------
725906
PLACER DOME INC COM 10 1 2196 147200 SH DEFINED 1 147200
- ------------------------------------------------------------------------------------------------------------------------------------
730450
POHANG IRON & STL LTD SPONS ADR 10 3 7640 244007 SH DEFINED 1 244007
====================================================================================================================================
</TABLE>
31
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
731095
POLAROID CORP COM 10 5 1429 54975 SH DEFINED 1 54975
- ------------------------------------------------------------------------------------------------------------------------------------
73755L
POTASH CORP SASK INC COM 10 7 1120 21595 SH DEFINED 1 21595
- ------------------------------------------------------------------------------------------------------------------------------------
737679
POTOMAC ELEC PWR CO COM 10 0 1221 48000 SH DEFINED 1 48000
- ------------------------------------------------------------------------------------------------------------------------------------
74005P
PRAXAIR INC COM 10 4 5238 113869 SH DEFINED 1 113869
- ------------------------------------------------------------------------------------------------------------------------------------
740459
PREMARK INTL INC COM 10 2 1217 24100 SH DEFINED 1 24100
- ------------------------------------------------------------------------------------------------------------------------------------
742718
PROCTER & GAMBLE CO COM 10 9 83124 886657 SH DEFINED 1 886657
- ------------------------------------------------------------------------------------------------------------------------------------
743315
PROGRESSIVE CORP OHIO COM 10 3 3330 40762 SH DEFINED 1 40762
- ------------------------------------------------------------------------------------------------------------------------------------
74406A
PROVIDIAN FINL CORP COM 10 2 6917 87348 SH DEFINED 1 87348
- ------------------------------------------------------------------------------------------------------------------------------------
PUBLIC SVC 744573
ENTERPRISE GROUP COM 10 6 3836 99310 SH DEFINED 1 99310
- ------------------------------------------------------------------------------------------------------------------------------------
PUGET SOUND PWR & LT 745332
CO COM 10 6 586 26100 SH DEFINED 1 26100
- ------------------------------------------------------------------------------------------------------------------------------------
747402
QUAKER OATS CO COM 10 5 3291 53188 SH DEFINED 1 53188
- ------------------------------------------------------------------------------------------------------------------------------------
751277
RALSTON PURINA CO COM 30 2 3945 141527 SH DEFINED 1 141527
- ------------------------------------------------------------------------------------------------------------------------------------
755111
RAYTHEON CO CL A 30 9 1711 35284 SH DEFINED 1 35284
- ------------------------------------------------------------------------------------------------------------------------------------
755111
RAYTHEON CO CL B 40 8 5180 104378 SH DEFINED 1 104378
- ------------------------------------------------------------------------------------------------------------------------------------
READERS DIGEST ASSN 755267
INC CL A 10 1 1479 50550 SH DEFINED 1 50550
====================================================================================================================================
</TABLE>
32
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
758110
REEBOK INTL LTD COM 10 0 196 18330 SH DEFINED 1 18330
- ------------------------------------------------------------------------------------------------------------------------------------
758940
REGIONS FINL CORP COM 10 0 2454 81800 SH DEFINED 1 81800
- ------------------------------------------------------------------------------------------------------------------------------------
760516
REPUBLIC INDS INC COM 10 4 3238 52700 SH DEFINED 1 52700
- ------------------------------------------------------------------------------------------------------------------------------------
761763
REYNOLDS METALS CO COM 10 1 2855 47286 SH DEFINED 1 47286
- ------------------------------------------------------------------------------------------------------------------------------------
766889
RIO ALGOM LTD COM 10 9 143 10200 SH DEFINED 1 10200
- ------------------------------------------------------------------------------------------------------------------------------------
767754
RITE AID CORP COM 10 4 2269 164240 SH DEFINED 1 164240
- ------------------------------------------------------------------------------------------------------------------------------------
ROCKWELL INTL CORP 773903
NEW COM 10 9 5048 96152 SH DEFINED 1 96152
- ------------------------------------------------------------------------------------------------------------------------------------
ROGERS 775109
COMMUNICATIONS INC CL B 20 0 2946 174300 SH DEFINED 1 174300
- ------------------------------------------------------------------------------------------------------------------------------------
775371
ROHM & HAAS CO COM 10 7 3302 91394 SH DEFINED 1 91394
- ------------------------------------------------------------------------------------------------------------------------------------
778529
ROSTELECOM SPONS ADR 10 7 284 61300 SH DEFINED 1 61300
- ------------------------------------------------------------------------------------------------------------------------------------
779273
ROUSE CO COM 10 1 532 23110 SH DEFINED 1 23110
- ------------------------------------------------------------------------------------------------------------------------------------
ROYAL GROUP 779915
TECHNOLOGIES LTD SUB VT 10 7 497 22000 SH DEFINED 1 22000
- ------------------------------------------------------------------------------------------------------------------------------------
ROYAL BK CDA 780087
MONTREAL QUE COM 10 2 5808 140205 SH DEFINED 1 140205
- ------------------------------------------------------------------------------------------------------------------------------------
780257
ROYAL DUTCH PETE CO NY REG 80 4 4211 71298 SH DEFINED 1 71298
- ------------------------------------------------------------------------------------------------------------------------------------
782352
RUSSELL CORP COM 10 8 312 22000 SH DEFINED 1 22000
- ------------------------------------------------------------------------------------------------------------------------------------
783549
RYDER SYS INC COM 10 8 566 27765 SH DEFINED 1 27765
====================================================================================================================================
</TABLE>
33
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SBC COMMUNICATIONS 78387G
INC COM 10 3 68822 1347800 SH DEFINED 1 1347800
- ------------------------------------------------------------------------------------------------------------------------------------
78440P
SK TELECOM LTD SPONS ADR 10 8 1202 119003 SH DEFINED 1 119003
- ------------------------------------------------------------------------------------------------------------------------------------
78442A
SLM HLDG CORP COM 10 9 3394 78925 SH DEFINED 1 78925
- ------------------------------------------------------------------------------------------------------------------------------------
784635
SPX CORP COM 10 4 1511 16655 SH DEFINED 1 16655
- ------------------------------------------------------------------------------------------------------------------------------------
786429
SAFECO CORP COM 10 0 1560 55700 SH DEFINED 1 55700
- ------------------------------------------------------------------------------------------------------------------------------------
786514
SAFEWAY INC COM NE 20 8 16956 445471 SH DEFINED 1 445471
- ------------------------------------------------------------------------------------------------------------------------------------
790148
ST JOE CORP COM 10 0 804 37300 SH DEFINED 1 37300
- ------------------------------------------------------------------------------------------------------------------------------------
790849
ST JUDE MED INC COM 10 3 1611 51138 SH DEFINED 1 51138
- ------------------------------------------------------------------------------------------------------------------------------------
792860
ST PAUL COS INC COM 10 8 3259 118498 SH DEFINED 1 118498
- ------------------------------------------------------------------------------------------------------------------------------------
803111
SARA LEE CORP COM 10 3 11236 480679 SH DEFINED 1 480679
- ------------------------------------------------------------------------------------------------------------------------------------
806605
SCHERING PLOUGH CORP COM 10 1 31237 716028 SH DEFINED 1 716028
- ------------------------------------------------------------------------------------------------------------------------------------
806857
SCHLUMBERGER LTD COM 10 8 15985 256536 SH DEFINED 1 256536
- ------------------------------------------------------------------------------------------------------------------------------------
SCHWAB CHARLES CORP 808513
NEW COM 10 5 12264 366767 SH DEFINED 1 366767
- ------------------------------------------------------------------------------------------------------------------------------------
SCIENTIFIC ATLANTA 808655
INC COM 10 4 1886 38046 SH DEFINED 1 38046
- ------------------------------------------------------------------------------------------------------------------------------------
811804
SEAGATE TECHNOLOGY COM 10 3 3234 105596 SH DEFINED 1 105596
- ------------------------------------------------------------------------------------------------------------------------------------
811850
SEAGRAM LTD COM 10 6 8688 191156 SH DEFINED 1 191156
====================================================================================================================================
</TABLE>
34
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
81211K
SEALED AIR CORP NEW COM 10 0 1169 22786 SH DEFINED 1 22786
- ------------------------------------------------------------------------------------------------------------------------------------
812387
SEARS ROEBUCK & CO COM 10 8 6804 216871 SH DEFINED 1 216871
- ------------------------------------------------------------------------------------------------------------------------------------
816851
SEMPRA ENERGY COM 10 9 1977 94990 SH DEFINED 1 94990
- ------------------------------------------------------------------------------------------------------------------------------------
SENSORMATIC ELECTRS 817265
CORP COM 10 1 212 16670 SH DEFINED 1 16670
- ------------------------------------------------------------------------------------------------------------------------------------
817565
SERVICE CORP INTL COM 10 4 1346 127388 SH DEFINED 1 127388
- ------------------------------------------------------------------------------------------------------------------------------------
819486
DEFINED MED SYS CORP COM 10 1 521 11145 SH DEFINED 1 11145
- ------------------------------------------------------------------------------------------------------------------------------------
820286
SHAW INDS INC COM 10 2 470 29632 SH DEFINED 1 29632
- ------------------------------------------------------------------------------------------------------------------------------------
824348
SHERWIN WILLIAMS CO COM 10 6 1510 72100 SH DEFINED 1 72100
- ------------------------------------------------------------------------------------------------------------------------------------
826552
SIGMA ALDRICH CORP COM 10 1 800 25200 SH DEFINED 1 25200
- ------------------------------------------------------------------------------------------------------------------------------------
827056
SILICON GRAPHICS INC COM 10 2 704 64400 SH DEFINED 1 64400
- ------------------------------------------------------------------------------------------------------------------------------------
SMURFIT-STONE 832727
CONTAINER CORP COM 10 1 899 41561 SH DEFINED 1 41561
- ------------------------------------------------------------------------------------------------------------------------------------
833034
SNAP ON TOOLS CORP COM 10 1 1135 34918 SH DEFINED 1 34918
- ------------------------------------------------------------------------------------------------------------------------------------
SOCIEDAD QUIMICA 833635
MINERA DE CHI SPONS ADR 10 5 1939 65100 SH DEFINED 1 65100
- ------------------------------------------------------------------------------------------------------------------------------------
834182
SOLECTRON CORP COM 10 7 8474 118000 SH DEFINED 1 118000
- ------------------------------------------------------------------------------------------------------------------------------------
835415
SONAT INC COM 10 0 1535 38670 SH DEFINED 1 38670
====================================================================================================================================
</TABLE>
35
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
835495
SONOCO PRODS CO COM 10 2 870 38131 SH DEFINED 1 38131
- ------------------------------------------------------------------------------------------------------------------------------------
842587
SOUTHERN CO COM 10 7 11341 440409 SH DEFINED 1 440409
- ------------------------------------------------------------------------------------------------------------------------------------
SOUTHERN PERU COPPER 843611
CORP COM 10 4 262 15500 SH DEFINED 1 15500
- ------------------------------------------------------------------------------------------------------------------------------------
844730
SOUTHTRUST CORP COM 10 1 1995 55600 SH DEFINED 1 55600
- ------------------------------------------------------------------------------------------------------------------------------------
844741
SOUTHWEST AIRLS CO COM 10 8 2768 182287 SH DEFINED 1 182287
- ------------------------------------------------------------------------------------------------------------------------------------
852061
SPRINT CORP COM 10 0 20815 383684 SH DEFINED 1 383684
- ------------------------------------------------------------------------------------------------------------------------------------
852061
SPRINT CORP PCS CO 50 6 13249 177686 SH DEFINED 1 177686
- ------------------------------------------------------------------------------------------------------------------------------------
854616
STANLEY WKS COM 10 9 784 31130 SH DEFINED 1 31130
- ------------------------------------------------------------------------------------------------------------------------------------
855030
STAPLES INC COM 10 2 4153 190385 SH DEFINED 1 190385
- ------------------------------------------------------------------------------------------------------------------------------------
857477
STATE STR CORP COM 10 3 4704 72794 SH DEFINED 1 72794
- ------------------------------------------------------------------------------------------------------------------------------------
STET HELLAS 859823
COMMUNICATIONS SA ADR 10 6 2051 108685 SH DEFINED 1 108685
- ------------------------------------------------------------------------------------------------------------------------------------
866005
SUMMIT BANCORP COM 10 1 2625 80940 SH DEFINED 1 80940
- ------------------------------------------------------------------------------------------------------------------------------------
866810
SUN MICROSYSTEMS INC COM 10 4 60878 654603 SH DEFINED 1 654603
- ------------------------------------------------------------------------------------------------------------------------------------
867229
SUNCOR INC COM 10 6 2156 56600 SH DEFINED 1 56600
- ------------------------------------------------------------------------------------------------------------------------------------
867914
SUNTRUST BKS INC COM 10 3 10111 153778 SH DEFINED 1 153778
- ------------------------------------------------------------------------------------------------------------------------------------
868511
SUPER SOL LTD SPONS ADR 20 5 300 21700 SH DEFINED 1 21700
====================================================================================================================================
</TABLE>
36
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
868536
SUPERVALU INC COM 10 3 972 44060 SH DEFINED 1 44060
- ------------------------------------------------------------------------------------------------------------------------------------
87161C
SYNOVUS FINL CORP COM 10 5 1547 82775 SH DEFINED 1 82775
- ------------------------------------------------------------------------------------------------------------------------------------
871829
SYSCO CORP COM 10 7 6483 184888 SH DEFINED 1 184888
- ------------------------------------------------------------------------------------------------------------------------------------
872375
TECO ENERGY INC COM 10 0 669 31900 SH DEFINED 1 31900
- ------------------------------------------------------------------------------------------------------------------------------------
872540
TJX COS INC NEW COM 10 9 3801 135452 SH DEFINED 1 135452
- ------------------------------------------------------------------------------------------------------------------------------------
872649
TRW INC COM 10 8 2639 53040 SH DEFINED 1 53040
- ------------------------------------------------------------------------------------------------------------------------------------
87425E
TALISMAN ENERGY INC COM 10 3 10816 363458 SH DEFINED 1 363458
- ------------------------------------------------------------------------------------------------------------------------------------
875382
TANDY CORP COM 10 3 5208 100756 SH DEFINED 1 100756
- ------------------------------------------------------------------------------------------------------------------------------------
879131
TEKTRONIX INC COM 10 0 739 22070 SH DEFINED 1 22070
- ------------------------------------------------------------------------------------------------------------------------------------
TELE CELULAR SUL 879238
PART S A SPONS ADR 10 3 625 33026 SH DEFINED 1 33026
- ------------------------------------------------------------------------------------------------------------------------------------
TELE CENTRO SUL 879239
PART S A SPONS ADR 10 1 2195 39553 SH DEFINED 1 39553
- ------------------------------------------------------------------------------------------------------------------------------------
TELE CENTRO OESTE 87923P
CELULAR S A SPONS ADR 10 5 273 82422 SH DEFINED 1 82422
- ------------------------------------------------------------------------------------------------------------------------------------
TELE NORTE LESTE 879246
PART S A SPONS ADR 10 6 3406 219770 SH DEFINED 1 219770
- ------------------------------------------------------------------------------------------------------------------------------------
TELE SUDESTE CE- 879252
LULAR PART S A SPONS ADR 10 4 4363 202053 SH DEFINED 1 202053
- ------------------------------------------------------------------------------------------------------------------------------------
TELECOMM ARGENT- 879273
INA STET-FRANCE SPONS ADR 20 9 1497 56100 SH DEFINED 1 56100
====================================================================================================================================
</TABLE>
37
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
TELECOMUNICACOES 879287
BRASILEIRAS S SPONS ADR 10 0 7 215370 SH DEFINED 1 215370
- ------------------------------------------------------------------------------------------------------------------------------------
TELEFONICA DE 879378
ARGENTINA S A SPONS ADR 20 6 7657 290300 SH DEFINED 1 290300
- ------------------------------------------------------------------------------------------------------------------------------------
87941V
TELEGLOBE INC COM 10 0 1834 118800 SH DEFINED 1 118800
- ------------------------------------------------------------------------------------------------------------------------------------
879664
TELLABS INC COM 10 0 11843 208001 SH DEFINED 1 208001
- ------------------------------------------------------------------------------------------------------------------------------------
879868
TEMPLE INLAND INC COM 10 7 2153 35300 SH DEFINED 1 35300
- ------------------------------------------------------------------------------------------------------------------------------------
TEMPLETON DRAGON FD 88018T
INC COM 10 1 251 3000 SH DEFINED 1 3000
- ------------------------------------------------------------------------------------------------------------------------------------
88033G
TENET HEALTHCARE CORP COM 10 0 2102 119706 SH DEFINED 1 119706
- ------------------------------------------------------------------------------------------------------------------------------------
88037E
TENNECO INC NEW COM 10 1 1467 86290 SH DEFINED 1 86290
- ------------------------------------------------------------------------------------------------------------------------------------
880770
TERADYNE INC COM 10 2 1918 54400 SH DEFINED 1 54400
- ------------------------------------------------------------------------------------------------------------------------------------
881694
TEXACO INC COM 10 3 42964 680620 SH DEFINED 1 680620
- ------------------------------------------------------------------------------------------------------------------------------------
882508
TEXAS INSTRS INC COM 10 4 33080 402184 SH DEFINED 1 402184
- ------------------------------------------------------------------------------------------------------------------------------------
882848
TEXAS UTILS CO COM 10 4 12209 327213 SH DEFINED 1 327213
- ------------------------------------------------------------------------------------------------------------------------------------
883203
TEXTRON INC COM 10 1 8370 108170 SH DEFINED 1 108170
- ------------------------------------------------------------------------------------------------------------------------------------
885535
3COM CORP COM 10 4 4834 168149 SH DEFINED 1 168149
- ------------------------------------------------------------------------------------------------------------------------------------
887315
TIME WARNER INC COM 10 9 33418 55095 SH DEFINED 1 55095
====================================================================================================================================
</TABLE>
38
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
887364
TIMES MIRROR CO NEW COM SE 10 7 3540 53793 SH DEFINED 1 53793
- ------------------------------------------------------------------------------------------------------------------------------------
891027
TORCHMARK CORP COM 10 4 1901 73455 SH DEFINED 1 73455
- ------------------------------------------------------------------------------------------------------------------------------------
TORONO DOMINION BK 891160
ONT COM NE 50 9 4943 255368 SH DEFINED 1 255368
- ------------------------------------------------------------------------------------------------------------------------------------
891490
TOSCO CORP COM NE 30 2 1222 48400 SH DEFINED 1 48400
- ------------------------------------------------------------------------------------------------------------------------------------
892335
TOYS R US COM 10 0 1495 99655 SH DEFINED 1 99655
- ------------------------------------------------------------------------------------------------------------------------------------
TRANSATLANTIC HLDS 893521
INC COM 10 4 622 8850 SH DEFINED 1 8850
- ------------------------------------------------------------------------------------------------------------------------------------
TRANSCANADA 893526
PIPELINES LTD COM 10 3 3818 291698 SH DEFINED 1 291698
- ------------------------------------------------------------------------------------------------------------------------------------
TRAVELERS PPTY CAS 893939
CORP CL A 10 8 3243 396100 SH DEFINED 1 396100
- ------------------------------------------------------------------------------------------------------------------------------------
895436
TRI CONTL CORP COM 10 3 807 27586 SH DEFINED 1 27586
- ------------------------------------------------------------------------------------------------------------------------------------
TRICON GLOBAL 895953
RESTAURANTS COM 10 7 2671 65243 SH DEFINED 1 65243
- ------------------------------------------------------------------------------------------------------------------------------------
896047
TRIBUNE CO NEW COM 10 7 5871 118006 SH DEFINED 1 118006
- ------------------------------------------------------------------------------------------------------------------------------------
TUBOS DE ACERO DE 898592
MEXICO SA ADR NEW 50 6 794 64827 SH DEFINED 1 64827
- ------------------------------------------------------------------------------------------------------------------------------------
899896
TUPPERWARE CORP COM 10 4 546 26960 SH DEFINED 1 26960
- ------------------------------------------------------------------------------------------------------------------------------------
902124
TYCO INTL LTD NEW COM 10 6 78674 761971 SH DEFINED 1 761971
- ------------------------------------------------------------------------------------------------------------------------------------
902494
TYSON FOODS INC CL A 10 3 494 30050 SH DEFINED 1 30050
====================================================================================================================================
</TABLE>
39
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
902549
UAL CORP COM PA 50 0 1649 25247 SH DEFINED 1 25247
- ------------------------------------------------------------------------------------------------------------------------------------
902905
USX MARATHON GROUP COM NE 82 7 3906 133535 SH DEFINED 1 133535
- ------------------------------------------------------------------------------------------------------------------------------------
902911
UST INC COM 10 6 2737 90672 SH DEFINED 1 90672
- ------------------------------------------------------------------------------------------------------------------------------------
902973
US BANCORP DEL COM 10 6 10510 348151 SH DEFINED 1 348151
- ------------------------------------------------------------------------------------------------------------------------------------
90333E
USEC INC COM 10 8 2358 230000 SH DEFINED 1 230000
- ------------------------------------------------------------------------------------------------------------------------------------
90337T
USX-U S STL COM 10 1 1040 40389 SH DEFINED 1 40389
- ------------------------------------------------------------------------------------------------------------------------------------
904911
UNICOM CORP COM 10 4 5139 139123 SH DEFINED 1 139123
- ------------------------------------------------------------------------------------------------------------------------------------
905581
UNION CARBIDE CORP COM 10 4 5289 93094 SH DEFINED 1 93094
- ------------------------------------------------------------------------------------------------------------------------------------
907818
UNION PAC CORP COM 10 8 6378 132707 SH DEFINED 1 132707
- ------------------------------------------------------------------------------------------------------------------------------------
UNION PAC RES GROUP 907834
INC COM 10 5 14124 869177 SH DEFINED 1 869177
- ------------------------------------------------------------------------------------------------------------------------------------
908068
UNION PLANTERS CORP COM 10 9 1758 43150 SH DEFINED 1 43150
- ------------------------------------------------------------------------------------------------------------------------------------
909214
UNISYS CORP COM 10 8 15803 350210 SH DEFINED 1 350210
- ------------------------------------------------------------------------------------------------------------------------------------
UNITED DOMINION INDS 909914
LTD COM 10 3 387 16300 SH DEFINED 1 16300
- ------------------------------------------------------------------------------------------------------------------------------------
UNITED HEALTHCARE 910581
CORP COM 10 7 4442 91242 SH DEFINED 1 91242
- ------------------------------------------------------------------------------------------------------------------------------------
911905
USAIR GROUP INC COM 10 7 1170 44560 SH DEFINED 1 44560
====================================================================================================================================
</TABLE>
40
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
91273H
U S WEST INC NEW COM 10 1 14200 248846 SH DEFINED 1 248846
- ------------------------------------------------------------------------------------------------------------------------------------
UNITED TECHNOLOGIES 913017
CORP COM 10 9 15982 269456 SH DEFINED 1 269456
- ------------------------------------------------------------------------------------------------------------------------------------
913275
UNITRIN INC COM 10 3 1724 49600 SH DEFINED 1 49600
- ------------------------------------------------------------------------------------------------------------------------------------
915289
UNOCAL CORP COM 10 2 8741 235849 SH DEFINED 1 235849
- ------------------------------------------------------------------------------------------------------------------------------------
918204
V F CORP COM 10 8 1556 50200 SH DEFINED 1 50200
- ------------------------------------------------------------------------------------------------------------------------------------
922944
VENATOR GROUP INC COM 10 3 698 81563 SH DEFINED 1 81563
- ------------------------------------------------------------------------------------------------------------------------------------
925524
VIACOM INC COM 10 0 2185 50512 SH DEFINED 1 50512
- ------------------------------------------------------------------------------------------------------------------------------------
925524
VIACOM INC COM NO 30 8 11884 281282 SH DEFINED 1 281282
- ------------------------------------------------------------------------------------------------------------------------------------
92552R
VIAD CORP COM 10 9 1850 62700 SH DEFINED 1 62700
- ------------------------------------------------------------------------------------------------------------------------------------
928502
VITRO SOC ANONIMA SPONS ADR 30 1 475 115140 SH DEFINED 1 115140
- ------------------------------------------------------------------------------------------------------------------------------------
929160
VULCAN MATLS CO COM 10 9 1762 48100 SH DEFINED 1 48100
- ------------------------------------------------------------------------------------------------------------------------------------
929771
WACHOVIA CORP COM 10 3 15105 192114 SH DEFINED 1 192114
- ------------------------------------------------------------------------------------------------------------------------------------
931142
WAL MART STORES INC COM 10 3 118448 2490375 SH DEFINED 1 2490375
- ------------------------------------------------------------------------------------------------------------------------------------
931422
WALGREEN CO COM 10 9 12124 477809 SH DEFINED 1 477809
- ------------------------------------------------------------------------------------------------------------------------------------
934488
WARNER LAMBERT CO COM 10 7 46643 702713 SH DEFINED 1 702713
- ------------------------------------------------------------------------------------------------------------------------------------
938837
WASHINGTON GAS LT CO COM 10 1 490 18050 SH DEFINED 1 18050
====================================================================================================================================
</TABLE>
41
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
939322
WASHINGTON MUT INC COM 10 3 9652 329988 SH DEFINED 1 329988
- ------------------------------------------------------------------------------------------------------------------------------------
939640
WASHINGTON POST CO CL B 10 8 2254 4420 SH DEFINED 1 4420
- ------------------------------------------------------------------------------------------------------------------------------------
94106L
WASTE MGMT INC DEL COM 10 9 10352 537760 SH DEFINED 1 537760
- ------------------------------------------------------------------------------------------------------------------------------------
WATCHGUARD 951105
TECHNOLOGIES COM 10 8 3450 230000 SH DEFINED 1 230000
- ------------------------------------------------------------------------------------------------------------------------------------
948849
WEIS MKTS INC COM 10 4 276 8058 SH DEFINED 1 8058
- ------------------------------------------------------------------------------------------------------------------------------------
949746
WELLS FARGO & CO NEW COM 10 1 59315 1496908 SH DEFINED 1 1496908
- ------------------------------------------------------------------------------------------------------------------------------------
950590
WENDYS INTL INC COM 10 9 1752 66108 SH DEFINED 1 66108
- ------------------------------------------------------------------------------------------------------------------------------------
95751D
WESTCOAST ENERGY INC COM 10 2 1285 68664 SH DEFINED 1 68664
- ------------------------------------------------------------------------------------------------------------------------------------
961548
WESTVACO CORP COM 10 4 826 32250 SH DEFINED 1 32250
- ------------------------------------------------------------------------------------------------------------------------------------
962166
WEYERHAEUSER CO COM 10 4 5510 95616 SH DEFINED 1 95616
- ------------------------------------------------------------------------------------------------------------------------------------
963320
WHIRLPOOL CORP COM 10 6 4060 62160 SH DEFINED 1 62160
- ------------------------------------------------------------------------------------------------------------------------------------
969133
WILLAMETTE INDS INC COM 10 7 1656 38400 SH DEFINED 1 38400
- ------------------------------------------------------------------------------------------------------------------------------------
969457
WILLIAMS COS INC DEL COM 10 0 7798 207263 SH DEFINED 1 207263
- ------------------------------------------------------------------------------------------------------------------------------------
974280
WINN DIXIE STORES INC COM 10 9 1481 49900 SH DEFINED 1 49900
- ------------------------------------------------------------------------------------------------------------------------------------
976657
WISCONSIN ENERGY CORP COM 10 6 1055 45000 SH DEFINED 1 45000
====================================================================================================================================
</TABLE>
42
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
====================================================================================================================================
Shares or Voting Authority
Value Principal Investment Other --------------------
Name of Issuer Title of Class CUSIP # (x$1000) Amount SH/PRN Put/Call Discretion Managers Sole Shared None
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
983919
XILINX INC COM 10 1 3781 57700 SH DEFINED 1 57700
- ------------------------------------------------------------------------------------------------------------------------------------
984121
XEROX CORP COM 10 3 16024 382096 SH DEFINED 1 382096
- ------------------------------------------------------------------------------------------------------------------------------------
984332
YAHOO INC COM 10 6 18878 105171 SH DEFINED 1 105171
- ------------------------------------------------------------------------------------------------------------------------------------
D1668R
DAIMLERCHRYSLER AG ORD 12 3 30448 438495 SH DEFINED 1 438495
- ------------------------------------------------------------------------------------------------------------------------------------
G2519Y
CREDICORP LTD COM 10 8 902 86378 SH DEFINED 1 86378
- ------------------------------------------------------------------------------------------------------------------------------------
TOTAL THIS REPORT 6636049
====================================================================================================================================
</TABLE>
43
