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Previous: LONGHORN INC, 10-Q, 1996-08-08 |
Next: GOLDEN ORE INC/DE/, 10-K, 1996-08-08 |
<TABLE>
<C> <C>
<PAGE> PAGE 1
SECURITIES AND EXCHANGE COMMISSION
FORM 13F-E
Report for the Calendar Year or Quarter Ended: 06/28/96
Institutional Investment Manager:
AMERICAN EXPRESS FINANCIAL CORPORATION
IDS TOWER-10
MINNEAPOLIS MN 55440-0010
I REPRESENT THAT I AM AUTHORIZED TO SUBMIT THIS FORM AND THAT ALL INFORMATION
IN THIS FORM AND THE ATTACHMENTS TO IT IS TRUE, CORRECT AND COMPLETE, AND I
UNDERSTAND THAT ALL REQUIRED ITEMS, STATEMENTS AND SCHEDULES ARE INTEGRAL
PARTS OF THIS FORM AND THAT THE SUBMISSION OF ANY AMENDMENT REPRESENTS THAT
ALL UNAMENDED ITEMS, STATEMENTS AND SCHEDULES REMAIN TRUE, CORRECT AND
COMPLETE AS PREVIOUSLY SUBMITTED.
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
Name, Title and Telephone Number of Person Submitting Report:
MATT KARSTETTER V.P.INVESTMENT ACCOUNTING (612) 671-3517
Signature, Place and Date of Signing:
/s/ MATT KARSTETTER MINNEAPOLIS MN 06/28/96
Other Managers on Whose Behalf this Report is Filed:
01 AMERICAN EXPRESS COMPANY 028-00698
03 AMERICAN EXPRESS TRUST COMPANY 028-01151
34 AMERICAN PARTNERS LIFE
02 IDS ADVISORY GROUP, INC. 028-02069
04 IDS BOND FUND, INC. 028-00192
05 IDS CERTIFICATE COMPANY 028-00140
06 IDS DISCOVERY FUND, INC. 028-01075
07 IDS DIVERSIFIED EQUITY INCOME FUND
08 IDS EQUITY SELECT FUND, INC. 028-00196
09 IDS EXTRA INCOME FUND, INC. 028-01411
35 IDS GLOBAL GROWTH FUND
10 IDS GLOBAL SERIES, INC. 028-02589
11 IDS GROWTH FUND, INC. 028-00194
12 IDS INTERNATIONAL FUND, INC. 028-01547
13 IDS INVESTMENT SERIES, INC. 028-00199
14 IDS LIFE AGGRES. GROWTH FUND, INC.
15 IDS LIFE CAPITAL RESOURCE FUND, INC. 028-01131
16 IDS LIFE INSURANCE COMPANY 028-00143
17 IDS LIFE INTL EQUITY FUND, INC.
18 IDS LIFE MANAGED FUND, INC. 028-01837
19 IDS LIFE SERIES FUND, INC.- EQUITY PORTFOLIO 028-01835
<PAGE> PAGE 2
20 IDS LIFE SERIES FUND, INC.-MANAGED PORTFOLIO 028-01835
21 IDS LIFE SPECIAL INCOME FUND, INC. 028-02178
22 IDS LIFE VARIABLE ANNUITY FUND A 028-00144
23 IDS LIFE VARIABLE ANNUITY FUND B 028-00145
24 IDS MANAGED RETIREMENT FUND, INC. 028-01546
25 IDS MARKET ADVANTAGE SERIES, INC. 028-02748
26 IDS NEW DIMENSIONS FUND, INC. 028-00198
27 IDS PRECIOUS METALS FUND, INC. 028-01578
28 IDS PROGRESSIVE FUND, INC. 028-00193
29 IDS SELECTIVE FUND, INC. 028-00197
30 IDS STOCK FUND, INC. 028-00195
31 IDS STRATEGY FUND, INC. 028-01473
32 IDS UTILITIES INCOME FUND, INC. 028-02374
33 SHEARSON INSURANCE - MARKETING REINSURANCE CO.
<PAGE> PAGE 3
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
ACE LIMITED COM G0070K103 4230 90000 SH DEFINED 0108 90000
ACE LIMITED COM G0070K103 44650 950000 SH DEFINED 0126 950000
ACE LIMITED COM G0070K103 99 2100 SH DEFINED 0102 2100
ACE LIMITED COM G0070K103 5508 117200 SH DEFINED 0131 117200
ACE LIMITED COM G0070K103 296 6300 SH DEFINED 0103 6300
AMWY ASIA COM G0352M108 41745 1380000 SH DEFINED 011516 1380000
COMCAST UK CABLE PRT COM G22984101 3506 275000 SH DEFINED 0135 275000
CREDICORP COM G2519Y108 8174 411250 SH DEFINED 0135 411250
EXEL LTD COM G3242A102 28200 400000 SH DEFINED 0130 400000
EXEL LTD COM G3242A102 7050 100000 SH DEFINED 0108 100000
EXEL LTD COM G3242A102 2115 30000 SH DEFINED 011620 30000
EXEL LTD COM G3242A102 720 10200 SH DEFINED 0102 10200
EXEL LTD COM G3242A102 4914 69700 SH DEFINED 0131 69700
EXEL LTD COM G3242A102 254 3600 SH DEFINED 0103 3600
EXEL LTD COM G3242A102 4935 70000 SH DEFINED 01 70000
GEM STAR COM G3788V106 4500 150000 SH DEFINED 0111 150000
LORAL SPACE COMMUNIC COM G56462107 20625 1500000 SH DEFINED 0126 1500000
LORAL SPACE COMMUNIC COM G56462107 8250 600000 SH DEFINED 011618 600000
LORAL SPACE COMMUNIC COM G56462107 2200 160000 SH DEFINED 011619 160000
LORAL SPACE COMMUNIC COM G56462107 8938 650000 SH DEFINED 011614 650000
LORAL SPACE COMMUNIC COM G56462107 41 3000 SH DEFINED 0102 3000
LORAL SPACE COMMUNIC COM G56462107 2299 167200 SH DEFINED 0131 167200
LORAL SPACE COMMUNIC COM G56462107 127 9200 SH DEFINED 0103 9200
MIDOCEAN LTD COM G61061100 5125 125000 SH DEFINED 0107 125000
MIDOCEAN LTD COM G61061100 16400 400000 SH DEFINED 011516 400000
TERRA NOVA COM G87615103 5600 350000 SH DEFINED 0128 350000
TOMMY HILFIGER COM G8915Z102 1823 34000 SH DEFINED 011620 34000
CRONUS COM L20708100 187 26770 SH DEFINED 01 26770
MILLICOM INT'L CELL COM L6388F102 23813 500000 SH DEFINED 0130 500000
HOME CENTER COM M53070104 648 100000 SH DEFINED 011619 100000
TECNOMATIX TECHNOLOG COM M8743P105 2660 140000 SH DEFINED 011619 140000
BAAN CO THE COM N08044104 5100 150000 SH DEFINED 0108 150000
BAAN CO THE COM N08044104 1700 50000 SH DEFINED 0135 50000
BAAN CO THE COM N08044104 2672 78600 SH DEFINED 011619 78600
BAAN CO THE COM N08044104 11716 344600 SH DEFINED 011614 344600
BAAN CO THE COM N08044104 159 4700 SH DEFINED 0102 4700
BAAN CO THE COM N08044104 8792 258600 SH DEFINED 0131 258600
BAAN CO THE COM N08044104 439 12900 SH DEFINED 0103 12900
ELSAY BAILEY PROCS A COM N2925S101 8025 300000 SH DEFINED 0106 300000
ELSAY BAILEY PROCS A COM N2925S101 29425 1100000 SH DEFINED 011516 1100000
ELSAY BAILEY PROCS A COM N2925S101 7615 284676 SH DEFINED 01 284676
QIAGEN COM N72482107 1513 100000 SH DEFINED 0135 100000
TOOLEX ALPHA NV COM N8715N103 1800 75000 SH DEFINED 0135 75000
TOOLEX ALPHA NV COM N8715N103 113 4700 SH DEFINED 0102 4700
TOOLEX ALPHA NV COM N8715N103 6302 262600 SH DEFINED 0131 262600
TOOLEX ALPHA NV COM N8715N103 293 12200 SH DEFINED 0103 12200
TRIPLE P NV COM N88795104 3675 600000 SH DEFINED 0135 600000
PANAMERICAN BEV COM P74823108 2461 55000 SH DEFINED 011619 55000
PANAMERICAN BEV COM P74823108 10740 240000 SH DEFINED 011614 240000
SUN INTL COM P8797T133 10670 220000 SH DEFINED 0135 220000
<PAGE> PAGE 4
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
SUN INTL COM P8797T133 1455 30000 SH DEFINED 011619 30000
SUN INTL COM P8797T133 5820 120000 SH DEFINED 011614 120000
SUN INTL COM P8797T133 29 600 SH DEFINED 0102 600
SUN INTL COM P8797T133 7033 145000 SH DEFINED 0131 145000
SUN INTL COM P8797T133 320 6600 SH DEFINED 0103 6600
TEEKAY SHIPPING COM V89564104 5275 200000 SH DEFINED 0135 200000
AAR CORP COM 000361105 51 2500 SH DEFINED 0124 2500
ACC CORP COM 000794107 2986 61400 SH DEFINED 011614 61400
ADC TELECOM COM 000886101 6975 155000 SH DEFINED 0108 155000
ADC TELECOM COM 000886101 49500 1100000 SH DEFINED 0126 1100000
ADC TELECOM COM 000886101 9000 200000 SH DEFINED 0106 200000
ADC TELECOM COM 000886101 27000 600000 SH DEFINED 0111 600000
ADC TELECOM COM 000886101 3600 80000 SH DEFINED 011622 80000
ADC TELECOM COM 000886101 8100 180000 SH DEFINED 011623 180000
ADC TELECOM COM 000886101 13500 300000 SH DEFINED 011618 300000
ADC TELECOM COM 000886101 38453 854450 SH DEFINED 0102 854450
ADC TELECOM COM 000886101 999 22200 SH DEFINED 0103 22200
ADC TELECOM COM 000886101 180 4000 SH DEFINED 01 4000
ADT LTD COM 000915306 2171 115000 SH DEFINED 011619 115000
ADT LTD COM 000915306 9438 500000 SH DEFINED 011614 500000
ABM INDUSTRIES INC COM 000957100 297 7600 SH DEFINED 0124 7600
AGCO CORP COM 001084102 339 12200 SH DEFINED 0124 12200
AGCO CORP COM 001084102 2137 77000 SH DEFINED 011619 77000
AGCO CORP COM 001084102 1027 37000 SH DEFINED 011620 37000
AGCO CORP COM 001084102 9185 331000 SH DEFINED 011614 331000
AGCO CORP COM 001084102 27436 988690 SH DEFINED 0102 988690
AGCO CORP COM 001084102 531 19150 SH DEFINED 0103 19150
AGCO CORP COM 001084102 4163 150000 SH DEFINED 01 150000
AMC ENTERTAINMENT IN COM 001669100 108 3850 SH DEFINED 0102 3850
AMC ENTERTAINMENT IN COM 001669100 6054 217200 SH DEFINED 0131 217200
AMC ENTERTAINMENT IN COM 001669100 284 10200 SH DEFINED 0103 10200
AMLI COM 001735109 7734 375000 SH DEFINED 0113 375000
AMR CORP DEL COM 001765106 18200 200000 SH DEFINED 0130 200000
AMR CORP DEL COM 001765106 91000 1000000 SH DEFINED 0126 1000000
AMR CORP DEL COM 001765106 87306 959405 SH DEFINED 0102 959405
AMR CORP DEL COM 001765106 1346 14778 SH DEFINED 0103 14778
AMR CORP DEL COM 001765106 7459 81964 SH DEFINED 01 81964
ARCO CHEMICAL CO COM 001920107 29900 575000 SH DEFINED 0113 575000
ARCO CHEMICAL CO COM 001920107 11050 212500 SH DEFINED 0131 212500
ARCO CHEMICAL CO COM 001920107 572 11000 SH DEFINED 0103 11000
AT&T CORP COM 001957109 173 2780 SH DEFINED 0102 2780
AT&T CORP COM 001957109 11611 187281 SH DEFINED 0103 187281
AVX COM 002444107 14800 800000 SH DEFINED 0111 800000
AVX COM 002444107 1197 64700 SH DEFINED 011622 64700
AVX COM 002444107 2980 161100 SH DEFINED 011623 161100
ABBOTT LABS COM 002824100 43500 1000000 SH DEFINED 011516 1000000
ABBOTT LABS COM 002824100 0 1 SH DEFINED 0102 1
ABBOTT LABS COM 002824100 4004 92045 SH DEFINED 0103 92045
ACCUSTAFF COM 004401105 1218 44700 SH DEFINED 011619 44700
ACCUSTAFF COM 004401105 6003 220300 SH DEFINED 011614 220300
<PAGE> PAGE 5
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
ACXIOM CORP COM 005125109 137 4000 SH DEFINED 0124 4000
ADAC LABS COM 005313200 86 3800 SH DEFINED 0124 3800
ADAPTEC INC COM 00651F108 4738 100000 SH DEFINED 0108 100000
ADAPTEC INC COM 00651F108 8291 175000 SH DEFINED 0106 175000
ADAPTEC INC COM 00651F108 1184 25000 SH DEFINED 01 25000
ADVANCED TISSUE SCI COM 00755F103 229 14200 SH DEFINED 0124 14200
ADVO INC COM 007585102 42 4000 SH DEFINED 0124 4000
ADVANCED MICRO DEV COM 007903107 209 15319 SH DEFINED 0103 15319
ADV LTD PT TRUST INV COM 007923998 13684 12913890 SH DEFINED 01 12913890
ADVANTA B COM 007942204 11962 264350 SH DEFINED 0102 264350
ADVANTA B COM 007942204 240 5300 SH DEFINED 0103 5300
AETNA LIFE & CAS COM 008140105 962 13456 SH DEFINED 0103 13456
AFFILIATED COMPUTER COM 008190100 8225 175000 SH DEFINED 0106 175000
AFFILIATED COMPUTER COM 008190100 5170 110000 SH DEFINED 011614 110000
AFFILIATED COMPUTER COM 008190100 8680 184600 SH DEFINED 0102 184600
AFFILIATED COMPUTER COM 008190100 5335 113500 SH DEFINED 0131 113500
AFFILIATED COMPUTER COM 008190100 517 11000 SH DEFINED 0103 11000
AFL/CIO UNITS OF COM 008270993 499 460 SH DEFINED 0102 460
AHMANSON HF & CO COM 008677106 366 13548 SH DEFINED 0103 13548
AIR EXPRESS INTL COM 009104100 82 2900 SH DEFINED 0124 2900
AIR PROD & CHEM COM 009158106 16 280 SH DEFINED 0102 280
AIR PROD & CHEM COM 009158106 17325 300000 SH DEFINED 0131 300000
AIR PROD & CHEM COM 009158106 1507 26097 SH DEFINED 0103 26097
AIRGAS INC COM 009363102 9820 516800 SH DEFINED 0102 516800
AIRGAS INC COM 009363102 293 15400 SH DEFINED 0103 15400
AIRNET COM 009417106 877 54800 SH DEFINED 011619 54800
AIRNET COM 009417106 3688 230500 SH DEFINED 011614 230500
AIRTOUCH COMMUN COM 00949T100 14153 501000 SH DEFINED 0130 501000
AIRTOUCH COMMUN COM 00949T100 50850 1800000 SH DEFINED 0126 1800000
AIRTOUCH COMMUN COM 00949T100 25425 900000 SH DEFINED 0111 900000
AIRTOUCH COMMUN COM 00949T100 14125 500000 SH DEFINED 0132 500000
AIRTOUCH COMMUN COM 00949T100 27996 991000 SH DEFINED 0124 991000
AIRTOUCH COMMUN COM 00949T100 12105 428500 SH DEFINED 0125 428500
AIRTOUCH COMMUN COM 00949T100 3757 133000 SH DEFINED 011622 133000
AIRTOUCH COMMUN COM 00949T100 8193 290000 SH DEFINED 011623 290000
AIRTOUCH COMMUN COM 00949T100 1610 57000 SH DEFINED 011620 57000
AIRTOUCH COMMUN COM 00949T100 184862 6543925 SH DEFINED 0102 6543925
AIRTOUCH COMMUN COM 00949T100 4940 174889 SH DEFINED 0103 174889
AIRTOUCH COMMUN COM 00949T100 3108 110000 SH DEFINED 01 110000
AJL PEPS/TRUST CVT CONV PFD STOCK 009710104 5493 260000 SH DEFINED 0135 260000
AJL PEPS/TRUST CVT CONV PFD STOCK 009710104 21970 1040000 SH DEFINED 011516 1040000
ALAMO GROUP INC COM 011311107 4015 220000 SH DEFINED 0128 220000
ALBANY INTL CORP NEW COM 012348108 880 38900 SH DEFINED 0102 38900
ALBERTO CULVER COM 013068101 152 3288 SH DEFINED 0103 3288
ALBERTSONS INC COM 013104104 13447 325000 SH DEFINED 0108 325000
ALBERTSONS INC COM 013104104 49650 1200000 SH DEFINED 0126 1200000
ALBERTSONS INC COM 013104104 1539 37200 SH DEFINED 0124 37200
ALBERTSONS INC COM 013104104 836 20200 SH DEFINED 0125 20200
ALBERTSONS INC COM 013104104 1655 40000 SH DEFINED 011620 40000
ALBERTSONS INC COM 013104104 65874 1592155 SH DEFINED 0102 1592155
<PAGE> PAGE 6
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
ALBERTSONS INC COM 013104104 1698 41047 SH DEFINED 0103 41047
ALCAN ALUMINIUM LTD COM 013716105 342 11200 SH DEFINED 0125 11200
ALCAN ALUMINIUM LTD COM 013716105 18 600 SH DEFINED 0102 600
ALCAN ALUMINIUM LTD COM 013716105 923 30243 SH DEFINED 0103 30243
ALCO STANDARD COM 013788104 74663 1650000 SH DEFINED 0126 1650000
ALCO STANDARD COM 013788104 45250 1000000 SH DEFINED 0111 1000000
ALCO STANDARD COM 013788104 6788 150000 SH DEFINED 0124 150000
ALCO STANDARD COM 013788104 7240 160000 SH DEFINED 011622 160000
ALCO STANDARD COM 013788104 15838 350000 SH DEFINED 011623 350000
ALCO STANDARD COM 013788104 13575 300000 SH DEFINED 011618 300000
ALCO STANDARD COM 013788104 2240 49500 SH DEFINED 011619 49500
ALCO STANDARD COM 013788104 2335 51600 SH DEFINED 011620 51600
ALCO STANDARD COM 013788104 9955 220000 SH DEFINED 011614 220000
ALCO STANDARD COM 013788104 158723 3507693 SH DEFINED 0102 3507693
ALCO STANDARD COM 013788104 8283 183050 SH DEFINED 0131 183050
ALCO STANDARD COM 013788104 2220 49070 SH DEFINED 0103 49070
ALCO STANDARD COM 013788104 11918 263368 SH DEFINED 01 263368
ALCO STANDARD 6.50 CONV PFD STOCK 013788708 26216 315850 SH DEFINED 0130 315850
ALCO STANDARD 6.50 CONV PFD STOCK 013788708 7346 88500 SH DEFINED 0107 88500
ALCO STANDARD 6.50 CONV PFD STOCK 013788708 10728 129250 SH DEFINED 011618 129250
ALCO STANDARD 6.50 CONV PFD STOCK 013788708 7470 90000 SH DEFINED 01 90000
ALEX BROWN COM 013902101 401 7100 SH DEFINED 0124 7100
ALEXNDR & ALEX SERV COM 014476105 104 5254 SH DEFINED 0103 5254
ALLEN GROUP* COM 017634106 148 6800 SH DEFINED 0124 6800
ALLERGAN INC COM 018490102 300 7637 SH DEFINED 0103 7637
ALLIANCE PHARMACEUTI COM 018773101 56 3400 SH DEFINED 0124 3400
ALLIANCE PHARMACEUTI COM 018773101 1320 80000 SH DEFINED 011619 80000
ALLIANCE PHARMACEUTI COM 018773101 5775 350000 SH DEFINED 011614 350000
ALLIANT TECHSYSTEMS COM 018804104 226 4800 SH DEFINED 0124 4800
ALLIED GROUP INC COM 019220102 10005 230000 SH DEFINED 0128 230000
ALLIED GROUP INC COM 019220102 65 1500 SH DEFINED 0124 1500
ALLIED SIGNAL INC COM 019512102 19994 350000 SH DEFINED 011618 350000
ALLIED SIGNAL INC COM 019512102 65069 1139130 SH DEFINED 0102 1139130
ALLIED SIGNAL INC COM 019512102 1892 33124 SH DEFINED 0103 33124
ALLIED SIGNAL INC COM 019512102 5570 97500 SH DEFINED 01 97500
ALLSTATE CORP COM 020002101 1 30 SH DEFINED 0102 30
ALLSTATE CORP COM 020002101 2377 52109 SH DEFINED 0103 52109
ALLSTATE CORP COM 020002101 2509 55000 SH DEFINED 01 55000
ALLTEL CORP COM 020039103 682 22179 SH DEFINED 0103 22179
ALLTEL 7.75 $100 PAR PREFERRED STOCK 0200392*3 2438 24140 SH DEFINED 0105 24140
ALPHARMA INC CL A COM 020813101 189 9500 SH DEFINED 0124 9500
ALUMAX INC COM 022197107 3038 100000 SH DEFINED 0135 100000
ALUMINUM CO AMERICA COM 022249106 80325 1400000 SH DEFINED 0126 1400000
ALUMINUM CO AMERICA COM 022249106 1119 19500 SH DEFINED 0124 19500
ALUMINUM CO AMERICA COM 022249106 436 7600 SH DEFINED 0125 7600
ALUMINUM CO AMERICA COM 022249106 7746 135000 SH DEFINED 0107 135000
ALUMINUM CO AMERICA COM 022249106 2324 40500 SH DEFINED 011620 40500
ALUMINUM CO AMERICA COM 022249106 138417 2412416 SH DEFINED 0102 2412416
ALUMINUM CO AMERICA COM 022249106 2239 39029 SH DEFINED 0103 39029
ALUMINUM CO AMERICA COM 022249106 10741 187200 SH DEFINED 01 187200
<PAGE> PAGE 7
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
ALZA COM 022615108 10950 400000 SH DEFINED 0130 400000
ALZA COM 022615108 6244 228100 SH DEFINED 0124 228100
ALZA COM 022615108 1051 38400 SH DEFINED 0125 38400
ALZA COM 022615108 71175 2600000 SH DEFINED 011516 2600000
ALZA COM 022615108 7884 288000 SH DEFINED 011614 288000
ALZA COM 022615108 14939 545700 SH DEFINED 0102 545700
ALZA COM 022615108 478 17457 SH DEFINED 0103 17457
AMERADA HESS COM 023551104 14216 265100 SH DEFINED 0124 265100
AMERADA HESS COM 023551104 5867 109400 SH DEFINED 0125 109400
AMERADA HESS COM 023551104 879 16400 SH DEFINED 0102 16400
AMERADA HESS COM 023551104 1758 32797 SH DEFINED 0103 32797
AMERICA ON-LINE COM 02364J104 7466 170600 SH DEFINED 0102 170600
AMERICA ON-LINE COM 02364J104 5828 133200 SH DEFINED 0131 133200
AMERICA ON-LINE COM 02364J104 504 11500 SH DEFINED 0103 11500
AMDAHL CORP COM 023905102 150 13946 SH DEFINED 0103 13946
AMERICAN BKS INS GRP COM 024456105 140 3200 SH DEFINED 0124 3200
AMERICAN BRANDS INC. COM 024703100 942 20769 SH DEFINED 0103 20769
AMER COMM SVS WTS COM 02520B110 1520 15200 SH DEFINED 0109 15200
AMER COMM SVS WTS COM 02520B110 600 6000 SH DEFINED 011621 6000
AMERICAN ELEC PWR COM 025537101 930 21815 SH DEFINED 0103 21815
AMERICAN EXPRESS COM 025816109 450362 10092147 SH DEFINED 0103 10092147
AMERICAN FREIGHTWAYS COM 02629V108 107 9600 SH DEFINED 0124 9600
AMER GENERAL CORP COM 026351106 9458 260000 SH DEFINED 0107 260000
AMER GENERAL CORP COM 026351106 873 23994 SH DEFINED 0103 23994
AMER GENERAL CORP COM 026351106 8973 246670 SH DEFINED 01 246670
AM GREETINGS CL A COM 026375105 242 8836 SH DEFINED 0103 8836
AMERICAN HEALTH COM 02649V104 2250 180000 SH DEFINED 011619 180000
AMER HOME PRODUCTS COM 026609107 36075 600000 SH DEFINED 0130 600000
AMER HOME PRODUCTS COM 026609107 5111 85000 SH DEFINED 0108 85000
AMER HOME PRODUCTS COM 026609107 30063 500000 SH DEFINED 0113 500000
AMER HOME PRODUCTS COM 026609107 35426 589200 SH DEFINED 0124 589200
AMER HOME PRODUCTS COM 026609107 11472 190800 SH DEFINED 0125 190800
AMER HOME PRODUCTS COM 026609107 19240 320000 SH DEFINED 0107 320000
AMER HOME PRODUCTS COM 026609107 32468 540000 SH DEFINED 011618 540000
AMER HOME PRODUCTS COM 026609107 3066 51000 SH DEFINED 011620 51000
AMER HOME PRODUCTS COM 026609107 39149 651134 SH DEFINED 0102 651134
AMER HOME PRODUCTS COM 026609107 7700 128058 SH DEFINED 0103 128058
AMER HOME PRODUCTS COM 026609107 3397 56500 SH DEFINED 01 56500
AMERICAN HOME STAR COM 026651109 5980 230000 SH DEFINED 0106 230000
AMERICAN INTL GROUP COM 026874107 29588 300000 SH DEFINED 0130 300000
AMERICAN INTL GROUP COM 026874107 98625 1000000 SH DEFINED 0126 1000000
AMERICAN INTL GROUP COM 026874107 35381 358701 SH DEFINED 0102 358701
AMERICAN INTL GROUP COM 026874107 6071 61563 SH DEFINED 0103 61563
AMERICAN INTL GROUP COM 026874107 8333 84500 SH DEFINED 01 84500
AMERICAN MANAGEMENT COM 027352103 342 11700 SH DEFINED 0124 11700
AMERICAN MANAGEMENT COM 027352103 3218 110000 SH DEFINED 011619 110000
AMERICAN MANAGEMENT COM 027352103 16088 550000 SH DEFINED 011614 550000
AMERICAN MANAGEMENT COM 027352103 19652 671900 SH DEFINED 0102 671900
AMERICAN MANAGEMENT COM 027352103 548 18750 SH DEFINED 0103 18750
AMERICAN MED RESP COM 027446103 173 4900 SH DEFINED 0124 4900
<PAGE> PAGE 8
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
AMER PWR CONVERSION COM 029066107 10250 1000000 SH DEFINED 011618 1000000
AMERICAN RE COM 029163102 17950 400000 SH DEFINED 0106 400000
AMERICAN RE COM 029163102 13463 300000 SH DEFINED 011516 300000
AMERICAN RE COM 029163102 117 2600 SH DEFINED 0102 2600
AMERICAN RE COM 029163102 6462 144000 SH DEFINED 0131 144000
AMERICAN RE COM 029163102 328 7300 SH DEFINED 0103 7300
AMERICAN RE COM 029163102 8824 196639 SH DEFINED 01 196639
AMERICAN STD CO COM 029712106 28050 850000 SH DEFINED 0130 850000
AMERICAN STD CO COM 029712106 13200 400000 SH DEFINED 011618 400000
AMERICAN STD CO COM 029712106 7504 227405 SH DEFINED 01 227405
AMERICAN STORES CO COM 030096101 698 17139 SH DEFINED 0103 17139
AMERICAN TELECAST WT WARRANT 030151112 426 85225 SH DEFINED 0109 85225
AMERICAN WATERWORKS COM 030411102 6038 150000 SH DEFINED 0132 150000
AMERITECH NZ A $100 PREFERRED STOCK 03070V209 3135 30000 SH DEFINED 01 30000
AMERITECH CORP COM 030954101 20781 350000 SH DEFINED 0132 350000
AMERITECH CORP COM 030954101 18406 310000 SH DEFINED 0107 310000
AMERITECH CORP COM 030954101 3852 64878 SH DEFINED 0103 64878
AMGEN INC COM 031162100 27000 500000 SH DEFINED 0130 500000
AMGEN INC COM 031162100 5400 100000 SH DEFINED 0108 100000
AMGEN INC COM 031162100 129600 2400000 SH DEFINED 0126 2400000
AMGEN INC COM 031162100 43200 800000 SH DEFINED 0111 800000
AMGEN INC COM 031162100 10314 191000 SH DEFINED 0124 191000
AMGEN INC COM 031162100 2738 50700 SH DEFINED 0125 50700
AMGEN INC COM 031162100 3240 60000 SH DEFINED 011622 60000
AMGEN INC COM 031162100 6480 120000 SH DEFINED 011623 120000
AMGEN INC COM 031162100 16200 300000 SH DEFINED 011618 300000
AMGEN INC COM 031162100 1620 30000 SH DEFINED 011620 30000
AMGEN INC COM 031162100 147047 2722996 SH DEFINED 0102 2722996
AMGEN INC COM 031162100 12139 224800 SH DEFINED 0131 224800
AMGEN INC COM 031162100 3582 66357 SH DEFINED 0103 66357
AMGEN INC COM 031162100 13900 257415 SH DEFINED 01 257415
AMP COM 031897101 32100 800000 SH DEFINED 0113 800000
AMP COM 031897101 18056 450000 SH DEFINED 0131 450000
AMP COM 031897101 1745 43491 SH DEFINED 0103 43491
SBH AMP ELKS CONV PFD STOCK 031897994 13297 325000 SH DEFINED 0107 325000
AMOCO CORP COM 031905102 9047 125000 SH DEFINED 0130 125000
AMOCO CORP COM 031905102 21713 300000 SH DEFINED 0126 300000
AMOCO CORP COM 031905102 34378 475000 SH DEFINED 0113 475000
AMOCO CORP COM 031905102 13389 185000 SH DEFINED 0107 185000
AMOCO CORP COM 031905102 36188 500000 SH DEFINED 011618 500000
AMOCO CORP COM 031905102 1592 22000 SH DEFINED 011620 22000
AMOCO CORP COM 031905102 85462 1180797 SH DEFINED 0102 1180797
AMOCO CORP COM 031905102 23522 325000 SH DEFINED 0131 325000
AMOCO CORP COM 031905102 5627 77746 SH DEFINED 0103 77746
AMOCO CORP COM 031905102 1448 20000 SH DEFINED 01 20000
AMRESCO COM 031909104 115 6700 SH DEFINED 0124 6700
AMRESCO COM 031909104 5138 300000 SH DEFINED 011516 300000
AMRESCO COM 031909104 2569 150000 SH DEFINED 011619 150000
AMWAY JAPAN ADR COM 03234J100 12438 500000 SH DEFINED 011516 500000
ANALOG DEVICES COM 032654105 115 4500 SH DEFINED 0102 4500
<PAGE> PAGE 9
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
ANDINA ADR COM 033700998 0 1 SH DEFINED 0102 1
ANDREW CORP COM 034425108 5375 100000 SH DEFINED 0108 100000
ANDREW CORP COM 034425108 45688 850000 SH DEFINED 0126 850000
ANDREW CORP COM 034425108 64500 1200000 SH DEFINED 0111 1200000
ANDREW CORP COM 034425108 11288 210000 SH DEFINED 0132 210000
ANDREW CORP COM 034425108 7649 142300 SH DEFINED 0124 142300
ANDREW CORP COM 034425108 2263 42100 SH DEFINED 0125 42100
ANDREW CORP COM 034425108 7643 142200 SH DEFINED 011622 142200
ANDREW CORP COM 034425108 16391 304950 SH DEFINED 011623 304950
ANDREW CORP COM 034425108 3225 60000 SH DEFINED 011619 60000
ANDREW CORP COM 034425108 13706 255000 SH DEFINED 011614 255000
ANDREW CORP COM 034425108 11163 207650 SH DEFINED 0102 207650
ANDREW CORP COM 034425108 803 14939 SH DEFINED 0103 14939
ANHEUSER BUSCH CO COM 035229103 26250 350000 SH DEFINED 0130 350000
ANHEUSER BUSCH CO COM 035229103 8250 110000 SH DEFINED 0108 110000
ANHEUSER BUSCH CO COM 035229103 52500 700000 SH DEFINED 0126 700000
ANHEUSER BUSCH CO COM 035229103 39375 525000 SH DEFINED 0113 525000
ANHEUSER BUSCH CO COM 035229103 31545 420600 SH DEFINED 0124 420600
ANHEUSER BUSCH CO COM 035229103 10920 145600 SH DEFINED 0125 145600
ANHEUSER BUSCH CO COM 035229103 15000 200000 SH DEFINED 0107 200000
ANHEUSER BUSCH CO COM 035229103 30000 400000 SH DEFINED 011618 400000
ANHEUSER BUSCH CO COM 035229103 14398 191900 SH DEFINED 0102 191900
ANHEUSER BUSCH CO COM 035229103 28125 375000 SH DEFINED 0131 375000
ANHEUSER BUSCH CO COM 035229103 5689 75840 SH DEFINED 0103 75840
ANHEUSER BUSCH CO COM 035229103 3375 45000 SH DEFINED 01 45000
ANIXTER INTL INC COM 035290105 13388 900000 SH DEFINED 011516 900000
AON CORP COM 037389103 3959 78000 SH DEFINED 0124 78000
AON CORP COM 037389103 1649 32500 SH DEFINED 0125 32500
AON CORP COM 037389103 198 3900 SH DEFINED 0102 3900
AON CORP COM 037389103 972 19156 SH DEFINED 0103 19156
APOGEE ENTERPRISES COM 037598109 144 4200 SH DEFINED 0124 4200
APOLLO GROUP INC -C COM 037604105 21000 750000 SH DEFINED 0111 750000
APPALACHIAN PWR $100 PREFERRED STOCK 037735834 3131 30000 SH DEFINED 0105 30000
APPALACHIAN PWR $100 PREFERRED STOCK 037735842 960 10000 SH DEFINED 0105 10000
APPLE COMP CVT 144A CONV BOND 037833AC4 47625 50000000 PRN DEFINED 011516 50000000
APPLE COMPUTER COM 037833100 211050 10050000 SH DEFINED 011516 10050000
APPLE COMPUTER COM 037833100 304 14490 SH DEFINED 0103 14490
APPLE SOUTH INC COM 037857109 2140 80000 SH DEFINED 011619 80000
APPLE SOUTH INC COM 037857109 9363 350000 SH DEFINED 011614 350000
APPLE SOUTH INC COM 037857109 455 17009 SH DEFINED 0102 17009
APPLEBEES INTL INC COM 037899101 321 10000 SH DEFINED 0124 10000
APPLEBEES INTL INC COM 037899101 2827 88000 SH DEFINED 011619 88000
APPLEBEES INTL INC COM 037899101 11886 370000 SH DEFINED 011614 370000
APPLEBEES INTL INC COM 037899101 30181 939500 SH DEFINED 0102 939500
APPLEBEES INTL INC COM 037899101 14835 461800 SH DEFINED 0131 461800
APPLEBEES INTL INC COM 037899101 1440 44850 SH DEFINED 0103 44850
APRIA HEALTHCARE GRO COM 037933108 7844 250000 SH DEFINED 011516 250000
APRIA HEALTHCARE GRO COM 037933108 2259 72000 SH DEFINED 011619 72000
APRIA HEALTHCARE GRO COM 037933108 10040 320000 SH DEFINED 011614 320000
APRIA HEALTHCARE GRO COM 037933108 438 13947 SH DEFINED 0102 13947
<PAGE> PAGE 10
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
APPLIED MATERIALS COM 038222105 6100 200000 SH DEFINED 0130 200000
APPLIED MATERIALS COM 038222105 18300 600000 SH DEFINED 0126 600000
APPLIED MATERIALS COM 038222105 24400 800000 SH DEFINED 0111 800000
APPLIED MATERIALS COM 038222105 7549 247500 SH DEFINED 0124 247500
APPLIED MATERIALS COM 038222105 1821 59700 SH DEFINED 0125 59700
APPLIED MATERIALS COM 038222105 2983 97800 SH DEFINED 011622 97800
APPLIED MATERIALS COM 038222105 6637 217600 SH DEFINED 011623 217600
APPLIED MATERIALS COM 038222105 43345 1421070 SH DEFINED 0102 1421070
APPLIED MATERIALS COM 038222105 1139 37305 SH DEFINED 0103 37305
APPLIED MATERIALS COM 038222105 4118 135000 SH DEFINED 01 135000
APTARGROUP INC COM 038336103 85 2800 SH DEFINED 0124 2800
ARBOUR HEALTH CARE COM 03876L108 8175 300000 SH DEFINED 011516 300000
ARBOR DRUGS INC COM 038760104 152 7300 SH DEFINED 0124 7300
ARBOR DRUGS INC COM 038760104 14613 700000 SH DEFINED 011516 700000
ARCHER DANIELS MDLND COM 039483102 1164 60883 SH DEFINED 0103 60883
ARGYL TELEVISION COM 039914106 1400 56000 SH DEFINED 011619 56000
ARIZONA PUB SER V PREFERRED STOCK 040555799 794 7500 SH DEFINED 0105 7500
ARIZONA PUB SER V PREFERRED STOCK 040555799 3178 30000 SH DEFINED 01 30000
ARIZONA PUB SVC $100 PREFERRED STOCK 040555815 13102 120400 SH DEFINED 0105 120400
ARIZONA PUB SVC CO PREFERRED STOCK 040555831 3277 38100 SH DEFINED 01 38100
ARMCO INC COM 042170100 200 39997 SH DEFINED 0103 39997
ARMSTRONG WORLD IND COM 042476101 251 4357 SH DEFINED 0103 4357
ARNOLD INDUSTRIES IN COM 042595108 18525 1300000 SH DEFINED 011516 1300000
ASARCO INC COM 043413103 139 5040 SH DEFINED 0103 5040
ASCEND COMM COM 043491109 2644 47000 SH DEFINED 011619 47000
ASCEND COMM COM 043491109 11739 208700 SH DEFINED 011614 208700
ASCEND COMM COM 043491109 31750 564400 SH DEFINED 0102 564400
ASCEND COMM COM 043491109 21994 391000 SH DEFINED 0131 391000
ASCEND COMM COM 043491109 1997 35500 SH DEFINED 0103 35500
ASHANTI GOLDFLDS-GDR COM 043743202 9875 500000 SH DEFINED 0130 500000
ASHANTI GOLDFLDS-GDR COM 043743202 3950 200000 SH DEFINED 0127 200000
ASHANTI GOLDFLDS-GDR COM 043743202 4543 230000 SH DEFINED 0135 230000
ASHLAND INC COM 044204105 299 7558 SH DEFINED 0103 7558
ASIA SATELLITE TELE COM 04516X106 12 400 SH DEFINED 0102 400
ASIA SATELLITE TELE COM 04516X106 779 26200 SH DEFINED 0131 26200
ASIA SATELLITE TELE COM 04516X106 33 1100 SH DEFINED 0103 1100
ASPECT TELECOMMUNICA COM 045237104 337 6800 SH DEFINED 0124 6800
ASPEN TECH COM 045327103 2750 50000 SH DEFINED 011619 50000
ASSOC FIRST CORP COM 046008108 4233 112500 SH DEFINED 0130 112500
ASSOC FIRST CORP COM 046008108 11288 300000 SH DEFINED 011516 300000
ASSOC FIRST CORP COM 046008108 301 8000 SH DEFINED 011620 8000
ASTORIA FINL CORP COM 046265104 157 5800 SH DEFINED 0124 5800
ATLANTIC RICHFIELD COM 048825103 29625 250000 SH DEFINED 0113 250000
ATLANTIC RICHFIELD COM 048825103 15405 130000 SH DEFINED 0107 130000
ATLANTIC RICHFIELD COM 048825103 21923 185000 SH DEFINED 0131 185000
ATLANTIC RICHFIELD COM 048825103 3157 26640 SH DEFINED 0103 26640
ATL RICHFIELD PFD CONV PFD STOCK 048825137 4631 190000 SH DEFINED 0107 190000
AUGAT INC COM 051042109 180 9400 SH DEFINED 0124 9400
AUSPEX COM 052116100 144 9600 SH DEFINED 0124 9600
AUTHENTIC FITNESS COM 052661105 89 4800 SH DEFINED 0124 4800
<PAGE> PAGE 11
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
AUTO DESK COM 052769106 164 5488 SH DEFINED 0103 5488
AUTOMATIC DATA PROC. COM 053015103 1310 33923 SH DEFINED 0103 33923
AUTOZONE COM 053332102 156 4501 SH DEFINED 0102 4501
AVALON COM 053469102 6525 300000 SH DEFINED 0113 300000
AVALON COM 053469102 5438 250000 SH DEFINED 0132 250000
AVERY DENNISON CORP COM 053611109 345 6294 SH DEFINED 0103 6294
AVON PRODUCTS COM 054303102 13538 300000 SH DEFINED 0107 300000
AVON PRODUCTS COM 054303102 2301 51000 SH DEFINED 011620 51000
AVON PRODUCTS COM 054303102 706 15643 SH DEFINED 0103 15643
AVON PRODUCTS COM 054303102 6814 151000 SH DEFINED 01 151000
AZTAR CORP COM 054802103 196 17000 SH DEFINED 0124 17000
BAT IND PLC ADR COM 055270508 33613 2125700 SH DEFINED 011516 2125700
BBN CORP COM 055283105 61 2800 SH DEFINED 0124 2800
BCE INC COM 05534B109 15800 400000 SH DEFINED 0132 400000
BCE INC COM 05534B109 4938 125000 SH DEFINED 0135 125000
BCE INC COM 05534B109 23700 600000 SH DEFINED 011618 600000
BI INC COM 055467203 1193 90000 SH DEFINED 011619 90000
BISYS GROUP COM 055472104 310 8200 SH DEFINED 0124 8200
BMC INDUSTRIES COM 055607105 196 6800 SH DEFINED 0124 6800
BTG INC COM 05576J101 1563 125000 SH DEFINED 011619 125000
BMC WESTCORP COM 055926109 1884 110000 SH DEFINED 011619 110000
BW/IP INC COM 056044100 201 10600 SH DEFINED 0124 10600
BAJAJ AUTO COM 057100109 2283 60000 SH DEFINED 0135 60000
BAKER HUGHES COM 057224107 1414 43000 SH DEFINED 011620 43000
BAKER HUGHES COM 057224107 263 8000 SH DEFINED 0102 8000
BAKER HUGHES COM 057224107 549 16693 SH DEFINED 0103 16693
BALL CORP COM 058498106 103 3585 SH DEFINED 0103 3585
BALLARD MEDICAL PROD COM 058566100 205 10700 SH DEFINED 0124 10700
BALLY ENTERTAINMENT COM 05873C106 154 5590 SH DEFINED 0103 5590
BALTIMORE GAS & ELEC COM 059165100 5675 200000 SH DEFINED 0132 200000
BALTIMORE GAS & ELEC COM 059165100 26 900 SH DEFINED 0102 900
BALTIMORE GAS & ELEC COM 059165100 490 17277 SH DEFINED 0103 17277
BANC ONE CORP COM 059438101 27200 800000 SH DEFINED 0113 800000
BANC ONE CORP COM 059438101 7480 220000 SH DEFINED 0107 220000
BANC ONE CORP COM 059438101 636 18700 SH DEFINED 011620 18700
BANC ONE CORP COM 059438101 22100 650000 SH DEFINED 0131 650000
BANC ONE CORP COM 059438101 2718 79933 SH DEFINED 0103 79933
BANCO DE A EDWARDS COM 059504100 4935 235000 SH DEFINED 0135 235000
BANCO DE GALICIA CVT CONV BOND 059538AD0 5350 5000000 PRN DEFINED 0135 5000000
BANCO DE GALICIA COM 059538207 7763 300000 SH DEFINED 0135 300000
BANCO DE GALICIA COM 059538207 2406 93000 SH DEFINED 011619 93000
BANCO DE GALICIA COM 059538207 10376 401000 SH DEFINED 011614 401000
BANKTEK COM 059784108 168 8300 SH DEFINED 0124 8300
BANK OF BOSTON COM 060716107 651 13146 SH DEFINED 0103 13146
BANK OF NEW YORK COM 064057102 6017 117400 SH DEFINED 0124 117400
BANK OF NEW YORK COM 064057102 2434 47500 SH DEFINED 0125 47500
BANK OF NEW YORK COM 064057102 364 7100 SH DEFINED 0102 7100
BANK OF NEW YORK COM 064057102 1697 33108 SH DEFINED 0103 33108
BANK AMERICA CORP COM 066050105 985 13000 SH DEFINED 011620 13000
BANK AMERICA CORP COM 066050105 484 6390 SH DEFINED 0102 6390
<PAGE> PAGE 12
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
BANK AMERICA CORP COM 066050105 3246 42847 SH DEFINED 0103 42847
BANKERS TRUST NY COM 066365107 7173 97100 SH DEFINED 011516 97100
BANKERS TRUST NY COM 066365107 681 9214 SH DEFINED 0103 9214
C R BARD INC COM 067383109 229 6734 SH DEFINED 0103 6734
BARNES & NOBLE COM 067774109 1650 46000 SH DEFINED 011620 46000
BARRICK GOLD INC COM 067901108 3391 125000 SH DEFINED 0127 125000
BARRICK GOLD INC COM 067901108 1123 41393 SH DEFINED 0103 41393
BARNETT BKS INC COM 068055102 24400 400000 SH DEFINED 0130 400000
BARNETT BKS INC COM 068055102 30500 500000 SH DEFINED 0113 500000
BARNETT BKS INC COM 068055102 6924 113500 SH DEFINED 0124 113500
BARNETT BKS INC COM 068055102 2599 42600 SH DEFINED 0125 42600
BARNETT BKS INC COM 068055102 18300 300000 SH DEFINED 011618 300000
BARNETT BKS INC COM 068055102 404 6600 SH DEFINED 0102 6600
BARNETT BKS INC COM 068055102 3520 57700 SH DEFINED 0131 57700
BARNETT BKS INC COM 068055102 1391 22814 SH DEFINED 0103 22814
BARNETT COM 068062108 10063 350000 SH DEFINED 011516 350000
BARRETT RESOURCES CO COM 068480201 223 7500 SH DEFINED 0124 7500
BASSETT FURN IND. COM 070203104 21 800 SH DEFINED 0124 800
BASSETT FURN IND. COM 070203104 904 33781 SH DEFINED 0102 33781
BAUSCH & LOMB COM 071707103 283 6655 SH DEFINED 0103 6655
BAXTER INTL INC COM 071813109 37800 800000 SH DEFINED 0113 800000
BAXTER INTL INC COM 071813109 25988 550000 SH DEFINED 0131 550000
BAXTER INTL INC COM 071813109 2637 55805 SH DEFINED 0103 55805
BAY APARTMENT COM 072012107 5175 200000 SH DEFINED 011618 200000
BAY NETWORKS INC COM 072510100 556 21601 SH DEFINED 0103 21601
BS-ARROW ELECTRONICS CONV PFD STOCK 07383PAH9 14411 330000 SH DEFINED 0107 330000
BS MEDTRONIC COM 07383P999 15430 275000 SH DEFINED 0130 275000
BECKMAN INSTRUMENTS COM 075816108 8550 225000 SH DEFINED 0108 225000
BECKMAN INSTRUMENTS COM 075816108 4750 125000 SH DEFINED 0128 125000
BECKMAN INSTRUMENTS COM 075816108 11753 309270 SH DEFINED 0102 309270
BECKMAN INSTRUMENTS COM 075816108 8056 212000 SH DEFINED 0131 212000
BECKMAN INSTRUMENTS COM 075816108 556 14650 SH DEFINED 0103 14650
BECTON DICKINSON COM 075887109 608 7580 SH DEFINED 0103 7580
BELDEN INC COM 077459105 6000 200000 SH DEFINED 0128 200000
BELL ATLANTIC COM 077853109 33469 525000 SH DEFINED 0113 525000
BELL ATLANTIC COM 077853109 18169 285000 SH DEFINED 0107 285000
BELL ATLANTIC COM 077853109 23906 375000 SH DEFINED 0131 375000
BELL ATLANTIC COM 077853109 4221 66223 SH DEFINED 0103 66223
BELL SOUTH COM 079860102 29663 700000 SH DEFINED 0130 700000
BELL SOUTH COM 079860102 33900 800000 SH DEFINED 0113 800000
BELL SOUTH COM 079860102 20128 475000 SH DEFINED 0132 475000
BELL SOUTH COM 079860102 16403 387100 SH DEFINED 0124 387100
BELL SOUTH COM 079860102 7043 166200 SH DEFINED 0125 166200
BELL SOUTH COM 079860102 20340 480000 SH DEFINED 0107 480000
BELL SOUTH COM 079860102 9823 231815 SH DEFINED 0102 231815
BELL SOUTH COM 079860102 16950 400000 SH DEFINED 0131 400000
BELL SOUTH COM 079860102 7379 174131 SH DEFINED 0103 174131
BELL SOUTH COM 079860102 11337 267530 SH DEFINED 01 267530
A.H BELO SER A COM 080555105 3725 100000 SH DEFINED 0108 100000
A.H BELO SER A COM 080555105 24213 650000 SH DEFINED 0126 650000
<PAGE> PAGE 13
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
A.H BELO SER A COM 080555105 2198 59000 SH DEFINED 011619 59000
A.H BELO SER A COM 080555105 9353 251100 SH DEFINED 011614 251100
A.H BELO SER A COM 080555105 35565 954750 SH DEFINED 0102 954750
A.H BELO SER A COM 080555105 913 24500 SH DEFINED 0103 24500
BEMIS CO. COM 081437105 711 20300 SH DEFINED 0124 20300
BEMIS CO. COM 081437105 791 22600 SH DEFINED 0125 22600
BEMIS CO. COM 081437105 225 6400 SH DEFINED 0102 6400
BEMIS CO. COM 081437105 481 13752 SH DEFINED 0103 13752
BENEFICIAL CORP COM 081721102 417 7423 SH DEFINED 0103 7423
BENTON OIL & GAS CO COM 083288100 117 5300 SH DEFINED 0124 5300
BERG ELECTRONICS COM 08372L205 2140 90121 SH DEFINED 0109 90121
BEST PRODUCTS COM 086553104 185 111491 SH DEFINED 0103 111491
BETHLEHEM STEEL COM 087509105 154 12999 SH DEFINED 0103 12999
BETZ LABORATORIES COM 087779104 9872 225000 SH DEFINED 0108 225000
BETZ LABORATORIES COM 087779104 17550 400000 SH DEFINED 0131 400000
BETZ LABORATORIES COM 087779104 746 17000 SH DEFINED 0103 17000
BEVERLY ENTERPRISES COM 087851101 138 11519 SH DEFINED 0103 11519
BIOMET COM 090613100 194 13504 SH DEFINED 0103 13504
BIOSOURCE INTL COM 09066H104 1355 150000 SH DEFINED 011619 150000
BIOVAIL CORP INTERNA COM 09067K106 7813 250000 SH DEFINED 0135 250000
BIRMINGHAM STEEL COR COM 091250100 18013 1100000 SH DEFINED 0111 1100000
BIRMINGHAM STEEL COR COM 091250100 152 9300 SH DEFINED 0124 9300
BIRMINGHAM STEEL COR COM 091250100 2469 150800 SH DEFINED 011622 150800
BIRMINGHAM STEEL COR COM 091250100 5202 317700 SH DEFINED 011623 317700
BIRMINGHAM STEEL COR COM 091250100 60 3600 SH DEFINED 0102 3600
BLACK & DECKER COM 091797100 27038 700000 SH DEFINED 011618 700000
BLACK & DECKER COM 091797100 389 10072 SH DEFINED 0103 10072
BLOCK H&R INC COM 093671105 24469 750000 SH DEFINED 0130 750000
BLOCK H&R INC COM 093671105 468 14360 SH DEFINED 0103 14360
BOATMEN'S BANCSHARES COM 096650106 739 18429 SH DEFINED 0103 18429
BOEING COM 097023105 30494 350000 SH DEFINED 0130 350000
BOEING COM 097023105 11762 135000 SH DEFINED 0108 135000
BOEING COM 097023105 182963 2100000 SH DEFINED 0126 2100000
BOEING COM 097023105 22679 260300 SH DEFINED 0124 260300
BOEING COM 097023105 8373 96100 SH DEFINED 0125 96100
BOEING COM 097023105 35983 413000 SH DEFINED 011516 413000
BOEING COM 097023105 30494 350000 SH DEFINED 011618 350000
BOEING COM 097023105 3572 41000 SH DEFINED 011620 41000
BOEING COM 097023105 88996 1021534 SH DEFINED 0102 1021534
BOEING COM 097023105 5123 58796 SH DEFINED 0103 58796
BOEING COM 097023105 6273 72000 SH DEFINED 01 72000
BOISE CASCADE COM 097383103 209 5699 SH DEFINED 0103 5699
BOISE CASCADE OFFICE COM 097403109 1385 40000 SH DEFINED 011619 40000
BOISE CASCADE OFFICE COM 097403109 4848 140000 SH DEFINED 011614 140000
BOMBAY INC COM 097924104 50 8000 SH DEFINED 0124 8000
BOMBAY INC COM 097924104 1166 186500 SH DEFINED 011619 186500
BOMBAY INC COM 097924104 4663 746000 SH DEFINED 011614 746000
BOMBAY INC COM 097924104 287 45973 SH DEFINED 0102 45973
BOSTON CHICKENPUT/00 CONV BOND 100578AB9 19200 60000000 PRN DEFINED 0106 60000000
BOSTON CHICKEN COM 100578103 1463 45000 SH DEFINED 011620 45000
<PAGE> PAGE 14
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
BOSTON CHICKEN COM 100578103 2096 64500 SH DEFINED 01 64500
BOSTON SCIENTIFIC COM 101137107 45000 1000000 SH DEFINED 0126 1000000
BOSTON SCIENTIFIC COM 101137107 6750 150000 SH DEFINED 0128 150000
BOSTON SCIENTIFIC COM 101137107 54000 1200000 SH DEFINED 0111 1200000
BOSTON SCIENTIFIC COM 101137107 7326 162800 SH DEFINED 0124 162800
BOSTON SCIENTIFIC COM 101137107 2277 50600 SH DEFINED 0125 50600
BOSTON SCIENTIFIC COM 101137107 5400 120000 SH DEFINED 011622 120000
BOSTON SCIENTIFIC COM 101137107 11700 260000 SH DEFINED 011623 260000
BOSTON SCIENTIFIC COM 101137107 39271 872500 SH DEFINED 0102 872500
BOSTON SCIENTIFIC COM 101137107 18293 406500 SH DEFINED 0131 406500
BOSTON SCIENTIFIC COM 101137107 3128 69467 SH DEFINED 0103 69467
BOSTON SCIENTIFIC COM 101137107 4793 106500 SH DEFINED 01 106500
BOWNE & CO COM 103043105 89 4300 SH DEFINED 0124 4300
BREED TECH COM 106702103 161 7200 SH DEFINED 0124 7200
BRIGGS & STRATTON COM 109043109 141 3427 SH DEFINED 0103 3427
BRIGHT POINT COM 109473108 6450 300000 SH DEFINED 011516 300000
BRINKER INT'L INC COM 109641100 3750 250000 SH DEFINED 0128 250000
BRINKER INT'L INC COM 109641100 15000 1000000 SH DEFINED 011516 1000000
BRISTOL MYERS SQUIBB COM 110122108 24750 275000 SH DEFINED 0113 275000
BRISTOL MYERS SQUIBB COM 110122108 17550 195000 SH DEFINED 0107 195000
BRISTOL MYERS SQUIBB COM 110122108 20250 225000 SH DEFINED 0131 225000
BRISTOL MYERS SQUIBB COM 110122108 6110 67886 SH DEFINED 0103 67886
BRITISH AWYS PLC ADR COM 110419306 34300 400000 SH DEFINED 0126 400000
BRITISH PETRO ADR COM 110889409 21375 200000 SH DEFINED 0130 200000
BRITISH PETRO ADR COM 110889409 10153 95000 SH DEFINED 0107 95000
BRITISH PETRO ADR COM 110889409 10688 100000 SH DEFINED 011618 100000
BRITISH PETRO ADR COM 110889409 534 5000 SH DEFINED 0102 5000
BROADBAND TECH COM 111309100 94 2900 SH DEFINED 0124 2900
BROADWAY & SEYMOUR I COM 111433108 1512 126000 SH DEFINED 011619 126000
BROADWAY & SEYMOUR I COM 111433108 4968 414000 SH DEFINED 011614 414000
BRODER BUND SOFTWARE COM 112014105 155 4800 SH DEFINED 0124 4800
BROWN FORMAN CL B COM 115637209 327 8176 SH DEFINED 0103 8176
BROWN GROUP INC COM 115657108 37 2137 SH DEFINED 0103 2137
BROWN (TOM) INC COM 115660201 4709 275000 SH DEFINED 011614 275000
BROWNING FERRIS IND COM 115885105 723 24915 SH DEFINED 0103 24915
BROWNING FERRIS35.62 CONV PFD STOCK 115885600 12859 405000 SH DEFINED 0107 405000
BROWNING FERRIS35.62 CONV PFD STOCK 115885600 26245 826600 SH DEFINED 011516 826600
BROWNING FERRIS35.62 CONV PFD STOCK 115885600 6953 219000 SH DEFINED 01 219000
BRUNSWICK CORP COM 117043109 225 11242 SH DEFINED 0103 11242
BUFETE ADS COM 11942H100 3475 200000 SH DEFINED 0135 200000
BUFETE ADS COM 11942H100 1216 70000 SH DEFINED 011619 70000
BUFETE ADS COM 11942H100 4518 260000 SH DEFINED 011614 260000
BUFFETS INC COM 119882108 6125 500000 SH DEFINED 0128 500000
BURLINGTON N SANTA COM 12189T104 1059 13100 SH DEFINED 0124 13100
BURLINGTON N SANTA COM 12189T104 412 5100 SH DEFINED 0125 5100
BURLINGTON N SANTA COM 12189T104 36 450 SH DEFINED 0102 450
BURLINGTON N SANTA COM 12189T104 1498 18523 SH DEFINED 0103 18523
BURLINGTON RESOURCES COM 122014103 638 14828 SH DEFINED 0103 14828
BUSINESS OBJECTS ADS COM 12328X107 6038 150000 SH DEFINED 0106 150000
BUSINESS OBJECTS ADS COM 12328X107 1650 41000 SH DEFINED 01 41000
<PAGE> PAGE 15
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
CBI INDUSTRIES 100 PREFERRED STOCK 124800301 7022 70000 SH DEFINED 0105 70000
CBL & ASSOCIATES COM 124830100 8950 400000 SH DEFINED 0113 400000
CBL & ASSOCIATES COM 124830100 448 20000 SH DEFINED 0103 20000
CCB FINANCIAL COM 124875105 72 1400 SH DEFINED 0124 1400
CDI CORP COM 125071100 273 8100 SH DEFINED 0124 8100
CDW COMPUTER CENTERS COM 125129106 1390 20000 SH DEFINED 011619 20000
CDW COMPUTER CENTERS COM 125129106 4240 61000 SH DEFINED 011614 61000
CHS ELECTRONICS INC COM 12542A206 270 20000 SH DEFINED 011619 20000
CIGNA CORP COM 125509109 1060 8991 SH DEFINED 0103 8991
CKE RESTAURANTS INC. COM 12561E105 4825 189216 SH DEFINED 0103 189216
CMAC INVESTMENT CORP COM 125662106 201 3500 SH DEFINED 0124 3500
CMS ENERGY CORP COM 125896100 13894 450000 SH DEFINED 0132 450000
CMS ENERGY CORP COM 125896100 12350 400000 SH DEFINED 011618 400000
CMS ENERGY CORP COM 125896100 1575 51000 SH DEFINED 011620 51000
CMS ENERGY CORP COM 125896100 5 160 SH DEFINED 0102 160
CMS ENERGY CLASS G COM 125896209 2250 120000 SH DEFINED 0132 120000
CNS INC COM 126136100 1746 72000 SH DEFINED 011619 72000
CNS INC COM 126136100 5820 240000 SH DEFINED 011614 240000
CPC INTL COM 126149103 43 600 SH DEFINED 0102 600
CPC INTL COM 126149103 1229 17074 SH DEFINED 0103 17074
CSG SYSTEMS COM 126349109 1316 50600 SH DEFINED 0111 50600
CSX CORP COM 126408103 39 810 SH DEFINED 0102 810
CSX CORP COM 126408103 1190 24658 SH DEFINED 0103 24658
CUC INT'L INC COM 126545102 35500 1000000 SH DEFINED 011618 1000000
CUC INT'L INC COM 126545102 746 21000 SH DEFINED 0102 21000
CUC INT'L INC COM 126545102 758 21351 SH DEFINED 0103 21351
CABLEVISION SYS 144A PREFERRED STOCK 12686C604 9825 104241 SH DEFINED 0104 104241
CABLEVISION SYS 144A PREFERRED STOCK 12686C604 28001 297090 SH DEFINED 0109 297090
CABLEVISION SYS 144A PREFERRED STOCK 12686C604 491 5212 SH DEFINED 011620 5212
CABLETRON SYSTEMS COM 126920107 580 8445 SH DEFINED 0103 8445
CALFED INC COM 128026101 148 8100 SH DEFINED 0124 8100
CALFED INC COM 128026101 2464 135000 SH DEFINED 011619 135000
CALFED INC COM 128026101 10311 565000 SH DEFINED 011614 565000
CALIF ENERGY TIDES CONV PFD STOCK 129465209 7577 142800 SH DEFINED 0130 142800
CALIF ENERGY TIDES CONV PFD STOCK 129465209 3789 71400 SH DEFINED 0104 71400
CALIF ENERGY TIDES CONV PFD STOCK 129465209 6060 114200 SH DEFINED 0132 114200
CALIF ENERGY TIDES CONV PFD STOCK 129465209 2282 43000 SH DEFINED 0109 43000
CALIF ENERGY TIDES CONV PFD STOCK 129465209 1518 28600 SH DEFINED 011621 28600
CALIBER SYSTEM INC COM 129894101 157 4627 SH DEFINED 0103 4627
CALI REALTY CORP COM 129909107 3638 150000 SH DEFINED 0107 150000
CALIF MICROWAVE INC COM 130442106 52 3400 SH DEFINED 0124 3400
CAMCO COM 132632100 237 7000 SH DEFINED 0124 7000
CAMCO COM 132632100 3049 90000 SH DEFINED 011619 90000
CAMDEN PROPERTY TRST CONV BOND 133131AA0 3060 3000000 PRN DEFINED 0104 3000000
CAMECO PARTLY PAID COM 13321L207 9287 442250 SH DEFINED 0130 442250
CAMERON ASHLEY BLDG COM 133290106 2875 250000 SH DEFINED 0128 250000
CAMPBELL RESOURCE WT COM 134422161 134 250000 SH DEFINED 0127 250000
CAMPBELL SOUP COM 134429109 51 720 SH DEFINED 0102 720
CAMPBELL SOUP COM 134429109 2058 29188 SH DEFINED 0103 29188
CANADIAN NT RAILWAY COM 136375201 6742 366900 SH DEFINED 0130 366900
<PAGE> PAGE 16
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
CAPEX GDR COM 139612105 6576 400000 SH DEFINED 0135 400000
CAPITAL ONE FINL COR COM 14040H105 8167 286568 SH DEFINED 0103 286568
CAPITAL RE CORP COM 140432105 7 200 SH DEFINED 0124 200
CAPITOL AMERICAN FIN COM 14055J103 111 4400 SH DEFINED 0124 4400
CARAUSTAR COM 140909102 156 5900 SH DEFINED 0124 5900
CARDINAL HEALTH COM 14149Y108 18031 250000 SH DEFINED 0106 250000
CARDINAL HEALTH COM 14149Y108 18031 250000 SH DEFINED 011618 250000
CARDINAL HEALTH COM 14149Y108 2885 40000 SH DEFINED 011619 40000
CARDINAL HEALTH COM 14149Y108 11540 160000 SH DEFINED 011614 160000
CARDINAL HEALTH COM 14149Y108 166 2300 SH DEFINED 0102 2300
CARDINAL HEALTH COM 14149Y108 9795 135800 SH DEFINED 0131 135800
CARDINAL HEALTH COM 14149Y108 447 6200 SH DEFINED 0103 6200
CARDINAL HEALTH COM 14149Y108 2344 32500 SH DEFINED 01 32500
CAREER HORIZON COM 141672105 21875 625000 SH DEFINED 0106 625000
CAREER HORIZON COM 141672105 2555 73000 SH DEFINED 01 73000
CARMIKE CINEMAS INC COM 143436103 6480 240000 SH DEFINED 0128 240000
CARMIKE CINEMAS INC COM 143436103 49 1800 SH DEFINED 0124 1800
CARMIKE CINEMAS INC COM 143436103 98 3650 SH DEFINED 0102 3650
CARMIKE CINEMAS INC COM 143436103 5586 206900 SH DEFINED 0131 206900
CARMIKE CINEMAS INC COM 143436103 262 9700 SH DEFINED 0103 9700
CARNIVAL CORP COM 143658102 14438 500000 SH DEFINED 011516 500000
CAROLINA POWER & LT COM 144141108 11400 300000 SH DEFINED 0132 300000
CAROLINA POWER & LT COM 144141108 677 17811 SH DEFINED 0103 17811
CASCADE COMM COM 147184105 3060 45000 SH DEFINED 011619 45000
CASCADE COMM COM 147184105 15300 225000 SH DEFINED 011614 225000
CASCADE COMM COM 147184105 41372 608400 SH DEFINED 0102 608400
CASCADE COMM COM 147184105 21332 313700 SH DEFINED 0131 313700
CASCADE COMM COM 147184105 2203 32400 SH DEFINED 0103 32400
CASE CORP COM 14743R103 28800 600000 SH DEFINED 0126 600000
CASE CORP COM 14743R103 145 3005 SH DEFINED 0102 3005
CASE CORP COM 14743R103 7056 147000 SH DEFINED 0131 147000
CASE CORP COM 14743R103 723 15055 SH DEFINED 0103 15055
CASE CORP COM 14743R103 2544 53000 SH DEFINED 01 53000
CASEY'S GENERAL STOR COM 147528103 324 16300 SH DEFINED 0124 16300
CASTECH ALUMINUM GRO COM 148380108 55 3700 SH DEFINED 0124 3700
CATALINA MKTG COM 148867104 156 1700 SH DEFINED 0124 1700
CATERPILLAR INC COM 149123101 15244 225000 SH DEFINED 0130 225000
CATERPILLAR INC COM 149123101 27100 400000 SH DEFINED 0111 400000
CATERPILLAR INC COM 149123101 5420 80000 SH DEFINED 011622 80000
CATERPILLAR INC COM 149123101 12195 180000 SH DEFINED 011623 180000
CATERPILLAR INC COM 149123101 19597 289295 SH DEFINED 0102 289295
CATERPILLAR INC COM 149123101 1894 27949 SH DEFINED 0103 27949
CATERPILLAR INC COM 149123101 9338 137835 SH DEFINED 01 137835
CEDAR FAIR LP COM 150185106 5606 150000 SH DEFINED 0135 150000
CELCARIBE 144A COM 150898104 846 528450 SH DEFINED 0104 528450
CELCARIBE 144A COM 150898104 1912 1195110 SH DEFINED 0109 1195110
CELCARIBE 144A COM 150898104 442 276420 SH DEFINED 011621 276420
CELLULAR COMM INC. COM 150917102 308 5800 SH DEFINED 0124 5800
CELLULAR COMM INC. COM 150917102 15938 300000 SH DEFINED 011618 300000
CELLPRO INC COM 151156106 7 400 SH DEFINED 0124 400
<PAGE> PAGE 17
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
CEMEX 144A CONV BOND 151290AK9 23125 25000000 PRN DEFINED 011516 25000000
CENTER FINL CORP COM COM 15146R103 155 6400 SH DEFINED 0124 6400
CENTEX CORPORATION COM 152312104 104 3351 SH DEFINED 0103 3351
CENTRAL & S W COM 152357109 5800 200000 SH DEFINED 0132 200000
CENTRAL & S W COM 152357109 702 24198 SH DEFINED 0103 24198
CENTRAL HUDSON G &E COM 153609102 66 2100 SH DEFINED 0124 2100
CENTRAL VT PUB SRV COM 155771108 4981 390703 SH DEFINED 0103 390703
CENTURY ALUMINUM COM 156431108 6300 400000 SH DEFINED 0135 400000
CENTURY TELEPHONE EN COM 156686107 6694 210000 SH DEFINED 0128 210000
CENTURY TELEPHONE EN COM 156686107 10095 316700 SH DEFINED 0132 316700
CEPHALON INC COM 156708109 91 4600 SH DEFINED 0124 4600
CERIDIAN CORP COM 15677T106 8838 175000 SH DEFINED 0108 175000
CERIDIAN CORP COM 15677T106 101000 2000000 SH DEFINED 0126 2000000
CERIDIAN CORP COM 15677T106 904 17900 SH DEFINED 0102 17900
CERIDIAN CORP COM 15677T106 8868 175600 SH DEFINED 0131 175600
CERIDIAN CORP COM 15677T106 794 15722 SH DEFINED 0103 15722
CERIDIAN CORP $50 CONV PFD STOCK 15677T403 30525 275000 SH DEFINED 0130 275000
CERNER CORP COM 156782104 115 5400 SH DEFINED 0124 5400
CERNER CORP COM 156782104 12825 600000 SH DEFINED 011516 600000
CHAMPION ENTERPRISES COM 158496109 75 3600 SH DEFINED 0124 3600
CHAMPION INTL COM 158525105 355 8500 SH DEFINED 0124 8500
CHAMPION INTL COM 158525105 234 5600 SH DEFINED 0125 5600
CHAMPION INTL COM 158525105 46343 1110000 SH DEFINED 011516 1110000
CHAMPION INTL COM 158525105 8 200 SH DEFINED 0102 200
CHAMPION INTL COM 158525105 513 12294 SH DEFINED 0103 12294
CHARTER ONE FINL INC COM 160903100 453 13000 SH DEFINED 0124 13000
CHARMING SHOPPES COM 161133103 85 12080 SH DEFINED 0103 12080
CHASE MAHATTAN NEW COM 16161A108 3608 51093 SH DEFINED 0103 51093
CHECKFREE COM 162812101 29813 1500000 SH DEFINED 011516 1500000
CHECKFREE COM 162812101 2013 101300 SH DEFINED 011620 101300
CHECKFREE COM 162812101 8837 444500 SH DEFINED 0102 444500
CHECKFREE COM 162812101 5593 281400 SH DEFINED 0131 281400
CHECKFREE COM 162812101 588 29600 SH DEFINED 0103 29600
CHEESECAKE FACTORY COM 163072101 138 5000 SH DEFINED 0124 5000
CHEMED CORP COM 163596109 172 4600 SH DEFINED 0124 4600
CHEROKEE SERIES A WARRANT 16444L111 2 7450 SH DEFINED 0109 7450
CHEROKEE SERIES B WARRANT 16444L129 1 9165 SH DEFINED 0109 9165
CHEROKEE SERIES C WARRANT 16444L137 1 27492 SH DEFINED 0109 27492
CHEVRON CORP COM 166751107 2950 50000 SH DEFINED 0132 50000
CHEVRON CORP COM 166751107 10620 180000 SH DEFINED 0107 180000
CHEVRON CORP COM 166751107 4508 76399 SH DEFINED 0103 76399
CHICAGO MINIATU LAMP COM 167781103 1615 42500 SH DEFINED 011619 42500
CHIQUITA BRANDS INTL COM 170032106 259 19900 SH DEFINED 0124 19900
CHIRON COM 170040109 107 1100 SH DEFINED 0102 1100
CHIRON COM 170040109 5498 56100 SH DEFINED 0131 56100
CHIRON COM 170040109 284 2900 SH DEFINED 0103 2900
CHRYSLER COM 171196108 124000 2000000 SH DEFINED 0126 2000000
CHRYSLER COM 171196108 6200 100000 SH DEFINED 0132 100000
CHRYSLER COM 171196108 19015 306700 SH DEFINED 0124 306700
CHRYSLER COM 171196108 6095 98300 SH DEFINED 0125 98300
<PAGE> PAGE 18
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
CHRYSLER COM 171196108 13640 220000 SH DEFINED 0107 220000
CHRYSLER COM 171196108 62911 1014660 SH DEFINED 0102 1014660
CHRYSLER COM 171196108 4717 76089 SH DEFINED 0103 76089
CHRYSLER COM 171196108 6820 110000 SH DEFINED 01 110000
CHUBB CAPITAL CONV BOND 17123KAB7 249 250000 PRN DEFINED 0102 250000
CHUBB CORP COM 171232101 1019 20429 SH DEFINED 0103 20429
CILCORP COM 171794100 47 1100 SH DEFINED 0124 1100
CINCINNATI BELL INC COM 171870108 20329 390000 SH DEFINED 0132 390000
CINCINNATI BELL INC COM 171870108 16862 323500 SH DEFINED 011516 323500
CINCINNATI MILACRON COM 172172108 59296 2470900 SH DEFINED 0102 2470900
CINCINNATI MILACRON COM 172172108 599 24947 SH DEFINED 0103 24947
CINCINNATI MILACRON COM 172172108 7903 329300 SH DEFINED 01 329300
CINERGY CORP COM 172474108 590 18422 SH DEFINED 0103 18422
CIRCUIT CITY COM 172737108 24204 670000 SH DEFINED 0126 670000
CIRCUIT CITY COM 172737108 10090 279300 SH DEFINED 0124 279300
CIRCUIT CITY COM 172737108 3435 95100 SH DEFINED 0125 95100
CIRCUIT CITY COM 172737108 5419 150000 SH DEFINED 0135 150000
CIRCUIT CITY COM 172737108 2601 72000 SH DEFINED 011619 72000
CIRCUIT CITY COM 172737108 11127 308000 SH DEFINED 011614 308000
CIRCUIT CITY COM 172737108 43370 1200513 SH DEFINED 0102 1200513
CIRCUIT CITY COM 172737108 3269 90500 SH DEFINED 0131 90500
CIRCUIT CITY COM 172737108 1687 46701 SH DEFINED 0103 46701
CIRCUIT CITY COM 172737108 3954 109455 SH DEFINED 01 109455
CISCO SYSTEMS COM 17275R102 33975 600000 SH DEFINED 0130 600000
CISCO SYSTEMS COM 17275R102 9909 175000 SH DEFINED 0108 175000
CISCO SYSTEMS COM 17275R102 339750 6000000 SH DEFINED 0126 6000000
CISCO SYSTEMS COM 17275R102 45300 800000 SH DEFINED 0111 800000
CISCO SYSTEMS COM 17275R102 7180 126800 SH DEFINED 0124 126800
CISCO SYSTEMS COM 17275R102 1183 20900 SH DEFINED 0125 20900
CISCO SYSTEMS COM 17275R102 7928 140000 SH DEFINED 011622 140000
CISCO SYSTEMS COM 17275R102 14723 260000 SH DEFINED 011623 260000
CISCO SYSTEMS COM 17275R102 6795 120000 SH DEFINED 011619 120000
CISCO SYSTEMS COM 17275R102 2265 40000 SH DEFINED 011620 40000
CISCO SYSTEMS COM 17275R102 32843 580000 SH DEFINED 011614 580000
CISCO SYSTEMS COM 17275R102 225440 3981249 SH DEFINED 0102 3981249
CISCO SYSTEMS COM 17275R102 27792 490800 SH DEFINED 0131 490800
CISCO SYSTEMS COM 17275R102 7928 140015 SH DEFINED 0103 140015
CISCO SYSTEMS COM 17275R102 22535 397970 SH DEFINED 01 397970
CITICORP COM 173034109 264400 3200000 SH DEFINED 0126 3200000
CITICORP COM 173034109 74 900 SH DEFINED 0124 900
CITICORP COM 173034109 16525 200000 SH DEFINED 011618 200000
CITICORP COM 173034109 2462 29800 SH DEFINED 011620 29800
CITICORP COM 173034109 139193 1684601 SH DEFINED 0102 1684601
CITICORP COM 173034109 5566 67351 SH DEFINED 0103 67351
CITICORP COM 173034109 1074 13000 SH DEFINED 01 13000
CITYSCAPE FINANCIAL COM 178778106 1384 27000 SH DEFINED 011619 27000
CITYSCAPE FINANCIAL COM 178778106 5843 114000 SH DEFINED 011614 114000
CLAYTON HOMES INC COM 184190106 10000 500000 SH DEFINED 0108 500000
CLAYTON HOMES INC COM 184190106 20678 1033900 SH DEFINED 0111 1033900
CLAYTON HOMES INC COM 184190106 22000 1100000 SH DEFINED 011618 1100000
<PAGE> PAGE 19
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
CLAYTON HOMES INC COM 184190106 64086 3204120 SH DEFINED 0102 3204120
CLEAR CHANNEL COMMUN COM 184502102 2471 30000 SH DEFINED 011619 30000
CLEAR CHANNEL COMMUN COM 184502102 9885 120000 SH DEFINED 011614 120000
CLEAR CHANNEL COMMUN COM 184502102 36614 444500 SH DEFINED 0102 444500
CLEAR CHANNEL COMMUN COM 184502102 5709 69300 SH DEFINED 0131 69300
CLEAR CHANNEL COMMUN COM 184502102 1326 16100 SH DEFINED 0103 16100
CLEVELAND-CLIFFS IRN COM 185896107 4179 106800 SH DEFINED 0128 106800
CLIPSAL INDUSTRIES COM 188768998 0 1 SH DEFINED 0102 1
CLOROX CO. COM 189054109 3155 35600 SH DEFINED 0124 35600
CLOROX CO. COM 189054109 1179 13300 SH DEFINED 0125 13300
CLOROX CO. COM 189054109 14180 160000 SH DEFINED 0107 160000
CLOROX CO. COM 189054109 13294 150000 SH DEFINED 011618 150000
CLOROX CO. COM 189054109 443 5000 SH DEFINED 011620 5000
CLOROX CO. COM 189054109 257 2900 SH DEFINED 0102 2900
CLOROX CO. COM 189054109 873 9844 SH DEFINED 0103 9844
COAST SAVINGS FIN'L COM 19039M106 203 6200 SH DEFINED 0124 6200
COASTAL CORP COM 190441105 8350 200000 SH DEFINED 0132 200000
COASTAL CORP COM 190441105 514 12305 SH DEFINED 0103 12305
COCA-COLA COM 191216100 156400 3200000 SH DEFINED 0126 3200000
COCA-COLA COM 191216100 58977 1206700 SH DEFINED 0111 1206700
COCA-COLA COM 191216100 27825 569300 SH DEFINED 0124 569300
COCA-COLA COM 191216100 11622 237800 SH DEFINED 0125 237800
COCA-COLA COM 191216100 9736 199200 SH DEFINED 011622 199200
COCA-COLA COM 191216100 19511 399200 SH DEFINED 011623 399200
COCA-COLA COM 191216100 39100 800000 SH DEFINED 011618 800000
COCA-COLA COM 191216100 1310 26800 SH DEFINED 011620 26800
COCA-COLA COM 191216100 24786 507140 SH DEFINED 0102 507140
COCA-COLA COM 191216100 16621 340080 SH DEFINED 0103 340080
COCA COLA ENTERPRISE COM 191219104 748 21632 SH DEFINED 0102 21632
FEMSA COKE COM 191241108 28625 1000000 SH DEFINED 011516 1000000
FEMSA COKE COM 191241108 9589 335000 SH DEFINED 011614 335000
COEURD'ARLENE MINES COM 192108108 252 13700 SH DEFINED 0124 13700
COGNEX CORP COM 192422103 234 14500 SH DEFINED 0124 14500
COHERENT INC COM 192479103 88 1700 SH DEFINED 0124 1700
COHERENT INC COM 192479103 1820 35000 SH DEFINED 011619 35000
COHERENT INC COM 192479103 7800 150000 SH DEFINED 011614 150000
COLLECTIVE BANCORP I COM 193901105 217 9200 SH DEFINED 0124 9200
COLGATE-PALMOLIVE COM 194162103 33900 400000 SH DEFINED 0130 400000
COLGATE-PALMOLIVE COM 194162103 1446 17057 SH DEFINED 0103 17057
COLUMBIA GAS SYSTEM COM 197648108 31275 600000 SH DEFINED 0130 600000
COLUMBIA GAS SYSTEM COM 197648108 15638 300000 SH DEFINED 0132 300000
COLUMBIA GAS SYSTEM COM 197648108 334 6414 SH DEFINED 0103 6414
COLUMBIA HEALTHCARE COM 197677107 19882 372500 SH DEFINED 0130 372500
COLUMBIA HEALTHCARE COM 197677107 40031 750000 SH DEFINED 011618 750000
COLUMBIA HEALTHCARE COM 197677107 2402 45000 SH DEFINED 011620 45000
COLUMBIA HEALTHCARE COM 197677107 1244 23300 SH DEFINED 0102 23300
COLUMBIA HEALTHCARE COM 197677107 2784 52152 SH DEFINED 0103 52152
COLUMBIA LABORATORIE COM 197779101 2380 160000 SH DEFINED 011619 160000
COMAIR HLDGS INC COM 199789108 308 11400 SH DEFINED 0124 11400
COMCAST CORP CLA SPL COM 200300200 7400 400000 SH DEFINED 011618 400000
<PAGE> PAGE 20
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
COMCAST CORP CLA SPL COM 200300200 520 28105 SH DEFINED 0103 28105
COMERICA INC COM 200340107 610 13663 SH DEFINED 0103 13663
COMMERCE ASSET CONV BOND 200509AA5 1793 1500000 PRN DEFINED 0135 1500000
COMMERCIAL FED CORP COM 201647104 164 4300 SH DEFINED 0124 4300
COMMNET CELLULAR INC COM 202604104 201 6700 SH DEFINED 0124 6700
COMMWLTH ED $100 PVT PREFERRED STOCK 20279K2*7 7579 73580 SH DEFINED 0105 73580
COMMWLTH ED $100 PVT PREFERRED STOCK 20279K2*7 4317 41914 SH DEFINED 01 41914
COMMONWEALTH EDISON PREFERRED STOCK 2027953*9 8034 78000 SH DEFINED 0105 78000
COMMONWEALTH EDISON PREFERRED STOCK 202990925 3367 32853 SH DEFINED 01 32853
COMM&PWR IND 144A COM 20338A108 370 3500 SH DEFINED 0109 3500
COMMUNITY HEALTH SYS COM 203666102 274 5300 SH DEFINED 0124 5300
COMMUNITY HEALTH SYS COM 203666102 776 15000 SH DEFINED 01 15000
COMMUNITY PSYCH CNTR COM 204015101 40375 4250000 SH DEFINED 011516 4250000
COMMUNITY PSYCH CNTR COM 204015101 48 5059 SH DEFINED 0103 5059
BUENAVENTURA ADR COM 204448104 3657 184000 SH DEFINED 0135 184000
CHILE TELEPHONE CO COM 204449201 4906 50000 SH DEFINED 0135 50000
COMPAQ COMPUTER CORP COM 204493100 22901 465000 SH DEFINED 0130 465000
COMPAQ COMPUTER CORP COM 204493100 24625 500000 SH DEFINED 0111 500000
COMPAQ COMPUTER CORP COM 204493100 15046 305500 SH DEFINED 0124 305500
COMPAQ COMPUTER CORP COM 204493100 3723 75600 SH DEFINED 0125 75600
COMPAQ COMPUTER CORP COM 204493100 4925 100000 SH DEFINED 011622 100000
COMPAQ COMPUTER CORP COM 204493100 9850 200000 SH DEFINED 011623 200000
COMPAQ COMPUTER CORP COM 204493100 33244 675000 SH DEFINED 011618 675000
COMPAQ COMPUTER CORP COM 204493100 1428 29000 SH DEFINED 011620 29000
COMPAQ COMPUTER CORP COM 204493100 365492 7421134 SH DEFINED 0102 7421134
COMPAQ COMPUTER CORP COM 204493100 4305 87388 SH DEFINED 0103 87388
COMPAQ COMPUTER CORP COM 204493100 25295 513600 SH DEFINED 01 513600
COMPUTER ASSOC COM 204912109 14250 200000 SH DEFINED 0130 200000
COMPUTER ASSOC COM 204912109 6413 90000 SH DEFINED 0108 90000
COMPUTER ASSOC COM 204912109 99750 1400000 SH DEFINED 0126 1400000
COMPUTER ASSOC COM 204912109 20021 281000 SH DEFINED 0124 281000
COMPUTER ASSOC COM 204912109 5476 76850 SH DEFINED 0125 76850
COMPUTER ASSOC COM 204912109 10688 150000 SH DEFINED 011622 150000
COMPUTER ASSOC COM 204912109 26612 373500 SH DEFINED 011623 373500
COMPUTER ASSOC COM 204912109 29925 420000 SH DEFINED 011618 420000
COMPUTER ASSOC COM 204912109 234600 3292566 SH DEFINED 0102 3292566
COMPUTER ASSOC COM 204912109 6113 85800 SH DEFINED 0131 85800
COMPUTER ASSOC COM 204912109 4919 69041 SH DEFINED 0103 69041
COMPUTER ASSOC COM 204912109 20720 290800 SH DEFINED 01 290800
COMP USA COM 204932107 7 200 SH DEFINED 0124 200
COMPUTER PRODUCTS COM 205300106 2243 131000 SH DEFINED 011619 131000
COMPUTER PRODUCTS COM 205300106 9641 563000 SH DEFINED 011614 563000
COMPUTER SCIENCES COM 205363104 89700 1200000 SH DEFINED 0126 1200000
COMPUTER SCIENCES COM 205363104 3289 44000 SH DEFINED 011620 44000
COMPUTER SCIENCES COM 205363104 224 3000 SH DEFINED 0102 3000
COMPUTER SCIENCES COM 205363104 12565 168100 SH DEFINED 0131 168100
COMPUTER SCIENCES COM 205363104 1056 14118 SH DEFINED 0103 14118
COMPUTER SCIENCES COM 205363104 5606 75000 SH DEFINED 01 75000
COMPUTER TASK GROUP COM 205477102 4023 142400 SH DEFINED 011614 142400
CONVERSE TECH INC COM 205862402 192 6300 SH DEFINED 0124 6300
<PAGE> PAGE 21
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
CONAGRA COM 205887102 18150 400000 SH DEFINED 0130 400000
CONAGRA COM 205887102 12024 265000 SH DEFINED 0108 265000
CONAGRA COM 205887102 181500 4000000 SH DEFINED 0126 4000000
CONAGRA COM 205887102 37707 831000 SH DEFINED 0124 831000
CONAGRA COM 205887102 10341 227900 SH DEFINED 0125 227900
CONAGRA COM 205887102 27225 600000 SH DEFINED 011618 600000
CONAGRA COM 205887102 54733 1206250 SH DEFINED 0102 1206250
CONAGRA COM 205887102 3347 73763 SH DEFINED 0103 73763
CONAGRA COM 205887102 6840 150730 SH DEFINED 01 150730
CONCORDIA PAPER COM 206575102 784 110000 SH DEFINED 0128 110000
CONE MLS CORP NC COM 206814105 118 10500 SH DEFINED 0124 10500
CONMED CORP COM 207410101 2130 80000 SH DEFINED 011619 80000
CONMED CORP COM 207410101 8813 331000 SH DEFINED 011614 331000
CONRAIL INC. COM 208368100 71963 1084185 SH DEFINED 0102 1084185
CONRAIL INC. COM 208368100 1027 15472 SH DEFINED 0103 15472
CONRAIL INC. COM 208368100 3606 54325 SH DEFINED 01 54325
CONSOLIDATED EDISON COM 209111103 805 27516 SH DEFINED 0103 27516
CON FREIGHTWAYS COM 209237106 109 5150 SH DEFINED 0103 5150
CONSOLIDATED NAT GAS COM 209615103 2613 50000 SH DEFINED 0132 50000
CONSOLIDATED NAT GAS COM 209615103 572 10942 SH DEFINED 0103 10942
CONTINUUM CO COM 212180103 406 7000 SH DEFINED 0124 7000
CONTROL DATA SYS INC COM 21238F106 6413 300000 SH DEFINED 011516 300000
COOPER INDUSTRIES COM 216669101 524 12636 SH DEFINED 0103 12636
COOPER TIRE & RUBBER COM 216831107 218 9792 SH DEFINED 0103 9792
COORS ADOLPH COM 217016104 80 4503 SH DEFINED 0103 4503
CORAM HEALTHCARE COR COM 218103109 16650 4036400 SH DEFINED 011516 4036400
CORESTATES FINANCIAL COM 218695104 1002 26018 SH DEFINED 0103 26018
CORNING (DEL) MIPS PREFERRED STOCK 219319209 11139 195000 SH DEFINED 0107 195000
CORNING INC COM 219350105 1031 26857 SH DEFINED 0103 26857
CORPORATE EXPRESS COM 219888104 3532 88300 SH DEFINED 011619 88300
CORPORATE EXPRESS COM 219888104 17188 429700 SH DEFINED 011614 429700
CORPORATE EXPRESS COM 219888104 18715 467896 SH DEFINED 0102 467896
CORPORATE EXPRESS COM 219888104 11196 279900 SH DEFINED 0131 279900
CORPORATE EXPRESS COM 219888104 920 23000 SH DEFINED 0103 23000
CORRECTIONS CORP COM 220256101 266 3800 SH DEFINED 0124 3800
CORRECTIONS CORP COM 220256101 6475 92500 SH DEFINED 011614 92500
COVENTRY CORPORATION COM 222853103 129 8200 SH DEFINED 0124 8200
COX BROADCAST COM 224044107 134 6200 SH DEFINED 0102 6200
COX BROADCAST COM 224044107 7294 337300 SH DEFINED 0131 337300
COX BROADCAST COM 224044107 340 15700 SH DEFINED 0103 15700
CRANE CO. COM 224399105 146 3566 SH DEFINED 0103 3566
CREDITT LYON CAP COM 225386101 0 1 SH DEFINED 0103 1
CRESTAR FINANCIAL CO COM 226091106 7 133 SH DEFINED 0102 133
CROSS TIMBER COM 227573102 171 6900 SH DEFINED 0124 6900
CROWN CORK & SEAL COM 228255105 27000 600000 SH DEFINED 0130 600000
CROWN CORK & SEAL COM 228255105 11925 265000 SH DEFINED 0108 265000
CROWN CORK & SEAL COM 228255105 17541 389800 SH DEFINED 0124 389800
CROWN CORK & SEAL COM 228255105 5927 131700 SH DEFINED 0125 131700
CROWN CORK & SEAL COM 228255105 18000 400000 SH DEFINED 011516 400000
CROWN CORK & SEAL COM 228255105 34875 775000 SH DEFINED 011618 775000
<PAGE> PAGE 22
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
CROWN CORK & SEAL COM 228255105 2250 50000 SH DEFINED 011619 50000
CROWN CORK & SEAL COM 228255105 1913 42500 SH DEFINED 011620 42500
CROWN CORK & SEAL COM 228255105 10125 225000 SH DEFINED 011614 225000
CROWN CORK & SEAL COM 228255105 160100 3556997 SH DEFINED 0102 3556997
CROWN CORK & SEAL COM 228255105 2801 62235 SH DEFINED 0103 62235
CROWN CORK & SEAL COM 228255105 13140 292000 SH DEFINED 01 292000
CROWN PKG WTS WARRANT 228443115 50 10000 SH DEFINED 0109 10000
CULLEN FROST BANKERS COM 229899109 161 5800 SH DEFINED 0124 5800
CULLIGAN WATER COM 230029100 19632 516650 SH DEFINED 0102 516650
CULLIGAN WATER COM 230029100 6422 169000 SH DEFINED 0131 169000
CULLIGAN WATER COM 230029100 802 21100 SH DEFINED 0103 21100
CUMMINS ENGINE COM 231021106 192 4745 SH DEFINED 0103 4745
CYGNUS INC COM COM 232560102 67 4400 SH DEFINED 0124 4400
CYLINK COM 232565101 8625 500000 SH DEFINED 011516 500000
CYLINK COM 232565101 1444 83700 SH DEFINED 011619 83700
CYLINK COM 232565101 4335 251300 SH DEFINED 011614 251300
CYLINK COM 232565101 5995 347600 SH DEFINED 0102 347600
CYLINK COM 232565101 3811 220900 SH DEFINED 0131 220900
CYLINK COM 232565101 400 23200 SH DEFINED 0103 23200
CYPRUS AMAX MINERALS COM 232809103 246 10882 SH DEFINED 0103 10882
CYRIX CORP COM 232815100 79 4600 SH DEFINED 0124 4600
CYTEC INDUSTRIES COM 232820100 428 5000 SH DEFINED 0124 5000
DQE COM 23329J104 8250 300000 SH DEFINED 0132 300000
DPL INC COM 233293109 13406 550000 SH DEFINED 0132 550000
DPL INC COM 233293109 13265 544218 SH DEFINED 0103 544218
DSC COMMUNICATIONS COM 233311109 196 6500 SH DEFINED 0102 6500
DSC COMMUNICATIONS COM 233311109 407 13513 SH DEFINED 0103 13513
DST SYSTEMS COM 233326107 4320 135000 SH DEFINED 011516 135000
DST SYSTEMS COM 233326107 18294 571700 SH DEFINED 0102 571700
DST SYSTEMS COM 233326107 467 14600 SH DEFINED 0103 14600
DTE ENERGY COMPANY COM 233331107 525 16995 SH DEFINED 0103 16995
DAIMLER-BENZ AG ADR COM 233829308 5388 100000 SH DEFINED 0108 100000
DAIMLER-BENZ AG ADR COM 233829308 26938 500000 SH DEFINED 011516 500000
DAIRY MART WARRANTS WARRANT 2338602*5 71 51666 SH DEFINED 0104 51666
DAIRY MART WARRANTS WARRANT 2338602*5 427 311333 SH DEFINED 0109 311333
DAIRY MART WARRANTS WARRANT 2338602*5 14 10000 SH DEFINED 011621 10000
DALLAS SEMICONDUCTOR COM 235204104 74 4100 SH DEFINED 0124 4100
DANA CORP COM 235811106 18 600 SH DEFINED 0102 600
DANA CORP COM 235811106 368 11876 SH DEFINED 0103 11876
DANAHER CORP COM 235851102 8700 200000 SH DEFINED 0108 200000
DANAHER CORP COM 235851102 7395 170000 SH DEFINED 0128 170000
DANAHER CORP COM 235851102 305 7000 SH DEFINED 01 7000
DANKA BUSINESS SYS P COM 236277109 23400 800000 SH DEFINED 0111 800000
DANKA BUSINESS SYS P COM 236277109 3949 135000 SH DEFINED 011622 135000
DANKA BUSINESS SYS P COM 236277109 8775 300000 SH DEFINED 011623 300000
DANKA BUSINESS SYS P COM 236277109 2925 100000 SH DEFINED 011619 100000
DANKA BUSINESS SYS P COM 236277109 11700 400000 SH DEFINED 011614 400000
DANKA BUSINESS SYS P COM 236277109 177 6000 SH DEFINED 0102 6000
DARDEN RESTAURANT COM 237194105 200 18582 SH DEFINED 0103 18582
DASSAULT ADS COM 237545108 252 8100 SH DEFINED 01 8100
<PAGE> PAGE 23
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
DATA GENERAL COM 237688106 59 4537 SH DEFINED 0103 4537
DATA I/O COM 237690102 0 1 SH DEFINED 0103 1
DATA PROCESSING RES COM 237823109 8288 300000 SH DEFINED 011516 300000
DAYTON HUDSON CORP COM 239753106 878 8512 SH DEFINED 0103 8512
DEBEERS CONS MINES COM 240253302 6750 200000 SH DEFINED 0128 200000
DEAN FOODS COM 242361103 69 2800 SH DEFINED 0102 2800
DEAN WITTER COM 24240V101 51525 900000 SH DEFINED 0126 900000
DEAN WITTER COM 24240V101 25763 450000 SH DEFINED 0113 450000
DEAN WITTER COM 24240V101 3504 61200 SH DEFINED 0124 61200
DEAN WITTER COM 24240V101 1128 19700 SH DEFINED 0125 19700
DEAN WITTER COM 24240V101 22900 400000 SH DEFINED 011618 400000
DEAN WITTER COM 24240V101 285 5000 SH DEFINED 0102 5000
DEAN WITTER COM 24240V101 27171 474600 SH DEFINED 0131 474600
DEAN WITTER COM 24240V101 2717 47462 SH DEFINED 0103 47462
DEERE & COMPANY COM 244199105 21000 525000 SH DEFINED 0130 525000
DEERE & COMPANY COM 244199105 88000 2200000 SH DEFINED 0126 2200000
DEERE & COMPANY COM 244199105 48000 1200000 SH DEFINED 0111 1200000
DEERE & COMPANY COM 244199105 15092 377300 SH DEFINED 0124 377300
DEERE & COMPANY COM 244199105 5680 142000 SH DEFINED 0125 142000
DEERE & COMPANY COM 244199105 6840 171000 SH DEFINED 011622 171000
DEERE & COMPANY COM 244199105 11760 294000 SH DEFINED 011623 294000
DEERE & COMPANY COM 244199105 32000 800000 SH DEFINED 011618 800000
DEERE & COMPANY COM 244199105 37068 926726 SH DEFINED 0102 926726
DEERE & COMPANY COM 244199105 2730 68250 SH DEFINED 0103 68250
DEERE & COMPANY COM 244199105 6960 174000 SH DEFINED 01 174000
DEKALB GNETICS CL B COM 244878203 70 2700 SH DEFINED 0124 2700
DE RIGO SPA ADR COM 245334107 27 1200 SH DEFINED 01 1200
DELTA AIR LINES COM 247361108 45650 550000 SH DEFINED 0126 550000
DELTA AIR LINES COM 247361108 2407 29000 SH DEFINED 011619 29000
DELTA AIR LINES COM 247361108 10126 122000 SH DEFINED 011614 122000
DELTA AIR LINES COM 247361108 503 6059 SH DEFINED 0103 6059
DELUXE CORPORATION COM 248019101 1644 46300 SH DEFINED 0124 46300
DELUXE CORPORATION COM 248019101 749 21100 SH DEFINED 0125 21100
DELUXE CORPORATION COM 248019101 23217 654000 SH DEFINED 011516 654000
DELUXE CORPORATION COM 248019101 125 3500 SH DEFINED 0102 3500
DELUXE CORPORATION COM 248019101 496 13966 SH DEFINED 0103 13966
DENTSPLY INTERNATL I COM 249030107 2338 55000 SH DEFINED 011619 55000
DENTSPLY INTERNATL I COM 249030107 8713 205000 SH DEFINED 011614 205000
DEPARTMENT 56 COM 249509100 2263 100000 SH DEFINED 0128 100000
DEPOSIT GTY CORP COM 249555103 141 3200 SH DEFINED 0124 3200
DEVELOPERS DIV RLTY CONV BOND 251591AA1 3504 3500000 PRN DEFINED 0104 3500000
DEVELOPERS DIV RLTY CONV BOND 251591AA1 1502 1500000 PRN DEFINED 011621 1500000
DEVELOPERS DIV COM 251591103 9563 300000 SH DEFINED 0113 300000
DEVELOPERS DIV COM 251591103 9563 300000 SH DEFINED 0131 300000
DEVON ENERGY COM 251799102 7350 300000 SH DEFINED 0106 300000
DEVON ENERGY COM 251799102 86 3500 SH DEFINED 0124 3500
DEVON ENERGY COM 251799102 9246 377300 SH DEFINED 0102 377300
DEVON ENERGY COM 251799102 284 11600 SH DEFINED 0103 11600
DEVRY INC. COM 251893103 374 8300 SH DEFINED 0124 8300
DEXTER CORP COM 252165105 85 2850 SH DEFINED 0102 2850
<PAGE> PAGE 24
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
DIAGNOSTIC PRODUCTS COM 252450101 9625 250000 SH DEFINED 011516 250000
DIAL CORP ARIZONA COM 252470109 315 11017 SH DEFINED 0103 11017
DIAMOND OFFSHORE DRI COM 25271C102 7156 125000 SH DEFINED 011614 125000
DIAMOND SHAMROCK INC COM 252747100 5053 175000 SH DEFINED 0108 175000
DIEBOLD INC. COM 253651103 4596 95250 SH DEFINED 0128 95250
DIGI INTL INC COM COM 253798102 195 7300 SH DEFINED 0124 7300
DIGITAL EQUIPMENT COM 253849103 807 17943 SH DEFINED 0103 17943
DIGITAL MICROWAVE COM 253859102 40 2400 SH DEFINED 0124 2400
DIGITAL GENERATION S COM 253921100 3825 400000 SH DEFINED 011516 400000
DILLARD DEPT CLASS A COM 254063100 483 13241 SH DEFINED 0103 13241
DIME BANCORP INC COM 25429Q102 2340 180000 SH DEFINED 011619 180000
DIME BANCORP INC COM 25429Q102 9854 758000 SH DEFINED 011614 758000
DIMON INC COM 254394109 981 53000 SH DEFINED 011620 53000
DIONEX COM 254546104 65 2000 SH DEFINED 0124 2000
DISCO COM 254609100 3319 150000 SH DEFINED 0135 150000
DISCOUNT AUTO PARTS COM 254642101 155 6100 SH DEFINED 0124 6100
DISNEY WALT CO COM 254687106 18863 300000 SH DEFINED 0130 300000
DISNEY WALT CO COM 254687106 22635 360000 SH DEFINED 0126 360000
DISNEY WALT CO COM 254687106 31438 500000 SH DEFINED 0111 500000
DISNEY WALT CO COM 254687106 5659 90000 SH DEFINED 011622 90000
DISNEY WALT CO COM 254687106 12575 200000 SH DEFINED 011623 200000
DISNEY WALT CO COM 254687106 12575 200000 SH DEFINED 011618 200000
DISNEY WALT CO COM 254687106 225 3600 SH DEFINED 0102 3600
DISNEY WALT CO COM 254687106 4989 79351 SH DEFINED 0103 79351
DOLLAR GENERAL COM 256669102 14625 500000 SH DEFINED 011618 500000
DOLLAR GENERAL COM 256669102 2516 86000 SH DEFINED 011619 86000
DOLLAR GENERAL COM 256669102 293 10000 SH DEFINED 011620 10000
DOLLAR GENERAL COM 256669102 10706 366000 SH DEFINED 011614 366000
DOLLAR GENERAL COM 256669102 56 1900 SH DEFINED 0102 1900
DOLLAR GENERAL COM 256669102 3054 104400 SH DEFINED 0131 104400
DOLLAR GENERAL COM 256669102 143 4900 SH DEFINED 0103 4900
DOMINION RES INC VA COM 257470104 823 20576 SH DEFINED 0103 20576
DONNELLEY (RR)&SONS COM 257867101 628 17994 SH DEFINED 0103 17994
DOVER CORP COM 260003108 118305 2564883 SH DEFINED 0103 2564883
DOW CHEMICAL COM 260543103 32300 425000 SH DEFINED 0113 425000
DOW CHEMICAL COM 260543103 11020 145000 SH DEFINED 0107 145000
DOW CHEMICAL COM 260543103 24700 325000 SH DEFINED 0131 325000
DOW CHEMICAL COM 260543103 3290 43293 SH DEFINED 0103 43293
DOW CHEMICAL COM 260543103 6384 84000 SH DEFINED 01 84000
DOW JONES & CO COM 260561105 475 11374 SH DEFINED 0103 11374
THE DRESS BARN COM 261570105 78 7400 SH DEFINED 0124 7400
DRESSER INDUSTRIES COM 261597108 628 21278 SH DEFINED 0103 21278
DRIEFONTEIN CON ADR COM 262026503 1313 100000 SH DEFINED 0127 100000
DREYFUS MONEY MARKET COM 262904204 4 3770 SH DEFINED 01 3770
E I DUPONT COM 263534109 23738 300000 SH DEFINED 0130 300000
E I DUPONT COM 263534109 13451 170000 SH DEFINED 0107 170000
E I DUPONT COM 263534109 3709 46845 SH DEFINED 0102 46845
E I DUPONT COM 263534109 5257 66454 SH DEFINED 0103 66454
DUKE POWER COMPANY COM 264399106 10250 200000 SH DEFINED 0132 200000
DUKE POWER COMPANY COM 264399106 12813 250000 SH DEFINED 0107 250000
<PAGE> PAGE 25
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
DUKE POWER COMPANY COM 264399106 10250 200000 SH DEFINED 011618 200000
DUKE POWER COMPANY COM 264399106 160 3128 SH DEFINED 0102 3128
DUKE POWER COMPANY COM 264399106 1230 23997 SH DEFINED 0103 23997
DUKE POWER COMPANY COM 264399106 2306 45000 SH DEFINED 01 45000
DUKE REALTY COM 264411505 4538 150000 SH DEFINED 0132 150000
DUKE REALTY COM 264411505 5143 170000 SH DEFINED 0107 170000
DUKE REALTY COM 264411505 6655 220000 SH DEFINED 011618 220000
DUN & BRADSTREET CP COM 264830100 1240 19840 SH DEFINED 0103 19840
DUPONT PHOTO COM 26613X101 461 22500 SH DEFINED 0111 22500
DUPONT PHOTO COM 26613X101 94 4600 SH DEFINED 011619 4600
DUPONT PHOTO COM 26613X101 390 19000 SH DEFINED 011614 19000
DURACELL COM 26633L103 32344 750000 SH DEFINED 0130 750000
DURACELL COM 26633L103 25875 600000 SH DEFINED 0111 600000
DURACELL COM 26633L103 3433 79600 SH DEFINED 011622 79600
DURACELL COM 26633L103 7607 176400 SH DEFINED 011623 176400
DURACELL COM 26633L103 11342 263030 SH DEFINED 0102 263030
DURACELL COM 26633L103 253 5850 SH DEFINED 0103 5850
DURACELL COM 26633L103 8466 196305 SH DEFINED 01 196305
DYNATECH, CORP COM 268138104 234 7200 SH DEFINED 0124 7200
DYNATECH, CORP COM 268138104 2925 90000 SH DEFINED 011619 90000
DYNATECH, CORP COM 268138104 8125 250000 SH DEFINED 011614 250000
E G & G INC COM 268457108 119 5576 SH DEFINED 0103 5576
EMC CORPORATION COM 268648102 495 26564 SH DEFINED 0103 26564
ENSCO INTL INC COM 26874Q100 3575 110000 SH DEFINED 011619 110000
ENSCO INTL INC COM 26874Q100 13585 418000 SH DEFINED 011614 418000
ENSCO INTL INC COM 26874Q100 16282 500900 SH DEFINED 0102 500900
ENSCO INTL INC COM 26874Q100 429 13200 SH DEFINED 0103 13200
EARTHGRAINS COM 270319106 52 1600 SH DEFINED 0124 1600
EASTERN ENTERPRISES COM 27637F100 79 2387 SH DEFINED 0103 2387
EASTERN UTILS ASSOC COM 277173100 220 11200 SH DEFINED 0124 11200
EASTMAN CHEMICAL CO COM 277432100 565 9284 SH DEFINED 0103 9284
EASTMAN KODAK COM 277461109 3116 40073 SH DEFINED 0103 40073
EATON CORP COM 278058102 539 9192 SH DEFINED 0103 9192
EATON VANCE COM 278265103 189 5200 SH DEFINED 0124 5200
ECHLIN INC COM 278749106 100 2650 SH DEFINED 0102 2650
ECHLIN INC COM 278749106 274 7247 SH DEFINED 0103 7247
ECHO BAY MINES LTD COM 278751102 159 14781 SH DEFINED 0103 14781
ECHOSTAR COMMUN CORP COM 278762109 6356 225000 SH DEFINED 0106 225000
ECHOSTAR COMMUN CORP COM 278762109 2825 100000 SH DEFINED 0109 100000
ECHOSTAR COMMUN CORP COM 278762109 1187 42000 SH DEFINED 01 42000
ECOLAB, INC. COM 278865100 8580 260000 SH DEFINED 0128 260000
ECOLAB, INC. COM 278865100 172 5200 SH DEFINED 0102 5200
ECOLAB, INC. COM 278865100 9867 299000 SH DEFINED 0131 299000
ECOLAB, INC. COM 278865100 654 19827 SH DEFINED 0103 19827
EDISON INTL COM 281020107 28200 1600000 SH DEFINED 0113 1600000
EDISON INTL COM 281020107 9694 550000 SH DEFINED 0132 550000
EDISON INTL COM 281020107 13060 741000 SH DEFINED 0124 741000
EDISON INTL COM 281020107 5358 304000 SH DEFINED 0125 304000
EDISON INTL COM 281020107 14100 800000 SH DEFINED 011618 800000
EDISON INTL COM 281020107 666 37800 SH DEFINED 0102 37800
<PAGE> PAGE 26
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
EDISON INTL COM 281020107 17625 1000000 SH DEFINED 0131 1000000
EDISON INTL COM 281020107 2756 156359 SH DEFINED 0103 156359
ELCOM INTL COM 284434107 5610 440000 SH DEFINED 011614 440000
ELECTRONIC DATA SYST COM 285661104 18813 350000 SH DEFINED 0130 350000
ELECTRONIC DATA SYST COM 285661104 349 6500 SH DEFINED 0102 6500
EMCOR Z WTS COM 29084Q134 0 3168 SH DEFINED 0103 3168
EMERSON ELECTRIC COM 291011104 27113 300000 SH DEFINED 0130 300000
EMERSON ELECTRIC COM 291011104 12201 135000 SH DEFINED 0108 135000
EMERSON ELECTRIC COM 291011104 108450 1200000 SH DEFINED 0126 1200000
EMERSON ELECTRIC COM 291011104 38409 425000 SH DEFINED 0113 425000
EMERSON ELECTRIC COM 291011104 41916 463800 SH DEFINED 0124 463800
EMERSON ELECTRIC COM 291011104 14225 157400 SH DEFINED 0125 157400
EMERSON ELECTRIC COM 291011104 14541 160900 SH DEFINED 0107 160900
EMERSON ELECTRIC COM 291011104 45188 500000 SH DEFINED 011516 500000
EMERSON ELECTRIC COM 291011104 47592 526605 SH DEFINED 011618 526605
EMERSON ELECTRIC COM 291011104 3434 38000 SH DEFINED 011620 38000
EMERSON ELECTRIC COM 291011104 93766 1037570 SH DEFINED 0102 1037570
EMERSON ELECTRIC COM 291011104 27113 300000 SH DEFINED 0131 300000
EMERSON ELECTRIC COM 291011104 7239 80093 SH DEFINED 0103 80093
EMERSON ELECTRIC COM 291011104 10284 113800 SH DEFINED 01 113800
EMMIS BROADCASTING C COM 291525103 125 2500 SH DEFINED 0102 2500
EMMIS BROADCASTING C COM 291525103 7030 140600 SH DEFINED 0131 140600
EMMIS BROADCASTING C COM 291525103 335 6700 SH DEFINED 0103 6700
EMPIRE DISTRICT ELEC COM 291641108 8177 474028 SH DEFINED 0103 474028
ENDESA ADS COM 29244T101 1808 84100 SH DEFINED 011617 84100
EMPRESAS ICA S COM 292448107 2775 200000 SH DEFINED 0128 200000
EMPRESAS ICA S COM 292448107 6958 501500 SH DEFINED 0112 501500
EMPRESAS ICA S COM 292448107 4163 300000 SH DEFINED 0135 300000
EMPRESAS ICA S COM 292448107 3053 220000 SH DEFINED 011619 220000
EMPRESAS ICA S COM 292448107 7680 553500 SH DEFINED 011617 553500
EMPRESAS ICA S COM 292448107 11100 800000 SH DEFINED 011614 800000
EMPRESAS ICA S COM 292448107 428 30788 SH DEFINED 0102 30788
ENERGY BIO 144A $50 CONV PFD STOCK 29265L201 1739 35000 SH DEFINED 011614 35000
ENERGY AFRICA GDS COM 29266E107 4604 290000 SH DEFINED 0135 290000
ENERSIS -SPON ADR COM 29274F104 6200 200000 SH DEFINED 0132 200000
ENERSIS -SPON ADR COM 29274F104 5580 180000 SH DEFINED 0135 180000
ENGELHARD CORP COM 292845104 388 16873 SH DEFINED 0103 16873
ENHANCE FINANCIAL SV COM 293310108 8655 309100 SH DEFINED 0128 309100
ENHANCE FINANCIAL SV COM 293310108 213 7600 SH DEFINED 0124 7600
ENOVA CORP COM 293552105 5781 250000 SH DEFINED 0132 250000
ENRON GLOBAL POWER COM 29356M100 5192 214100 SH DEFINED 0107 214100
ENRON CORP COM 293561106 10219 250000 SH DEFINED 0132 250000
ENRON CORP COM 293561106 1205 29481 SH DEFINED 0103 29481
ENRON OIL & GAS CO COM 293562104 7666 275000 SH DEFINED 0108 275000
ENRON OIL & GAS CO COM 293562104 41227 1479001 SH DEFINED 0102 1479001
ENRON OIL & GAS CO COM 293562104 12683 455000 SH DEFINED 0131 455000
ENRON OIL & GAS CO COM 293562104 1923 69000 SH DEFINED 0103 69000
ENSERCH CORP COM 293567103 176 8112 SH DEFINED 0103 8112
ENTERGY CORP COM 29364G103 4256 150000 SH DEFINED 0132 150000
ENTERGY CORP COM 29364G103 757 26688 SH DEFINED 0103 26688
<PAGE> PAGE 27
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
ENVOY CORP COM 293982104 53 1800 SH DEFINED 0124 1800
ENZO BIOCHEM COM 294100102 159 9300 SH DEFINED 0124 9300
EPIC VS LARGE CO COM 294299995 539 31250 SH DEFINED 0102 31250
EQUITABLE COS INC COM 29444G107 1 22 SH DEFINED 0116 22
EQUITY RESIDENTIAL COM 29476L107 18081 550000 SH DEFINED 0113 550000
EQUITY RESIDENTIAL COM 29476L107 9863 300000 SH DEFINED 011618 300000
EQUITY RESIDENTIAL COM 29476L107 723 22000 SH DEFINED 0103 22000
ERICSSON LM 'B' ADR COM 294821400 32250 1500000 SH DEFINED 0111 1500000
ERICSSON LM 'B' ADR COM 294821400 6450 300000 SH DEFINED 0132 300000
ERICSSON LM 'B' ADR COM 294821400 5375 250000 SH DEFINED 011622 250000
ERICSSON LM 'B' ADR COM 294821400 12900 600000 SH DEFINED 011623 600000
ERICSSON LM 'B' ADR COM 294821400 21500 1000000 SH DEFINED 011618 1000000
ERICSSON LM 'B' ADR COM 294821400 27652 1286210 SH DEFINED 0102 1286210
ERICSSON LM 'B' ADR COM 294821400 667 31050 SH DEFINED 0103 31050
ERICSSON LM 'B' ADR COM 294821400 9417 438000 SH DEFINED 01 438000
ERICSSON LM ADR'S COM 294821509 26156 9000000 SH DEFINED 0130 9000000
ETHAN ALLEN COM 297602104 203 8200 SH DEFINED 0124 8200
EVEREST REINSURANCE COM 299808105 13885 536600 SH DEFINED 0130 536600
EVEREST REINSURANCE COM 299808105 7763 300000 SH DEFINED 011516 300000
EVEREST REINSURANCE COM 299808105 2329 90000 SH DEFINED 011619 90000
EVEREST REINSURANCE COM 299808105 5418 209400 SH DEFINED 011614 209400
EVEREST REINSURANCE COM 299808105 49418 1910105 SH DEFINED 0102 1910105
EVEREST REINSURANCE COM 299808105 5108 197400 SH DEFINED 0131 197400
EVEREST REINSURANCE COM 299808105 264 10200 SH DEFINED 0103 10200
EXABYTE CORP COM 300615101 4049 310000 SH DEFINED 0128 310000
EXABYTE CORP COM 300615101 6858 525000 SH DEFINED 0106 525000
EXABYTE CORP COM 300615101 1122 85900 SH DEFINED 011619 85900
EXABYTE CORP COM 300615101 4952 379100 SH DEFINED 011614 379100
EXECUTIVE RISK COM 301586103 4969 129900 SH DEFINED 0128 129900
EXPEDITORS INTL WASH COM 302130109 59 1900 SH DEFINED 0124 1900
EXPRESS SCRIPT COM 302182100 161 3500 SH DEFINED 0124 3500
EXXON COM 302290101 86875 1000000 SH DEFINED 0126 1000000
EXXON COM 302290101 34750 400000 SH DEFINED 0113 400000
EXXON COM 302290101 12597 145000 SH DEFINED 0107 145000
EXXON COM 302290101 17375 200000 SH DEFINED 0131 200000
EXXON COM 302290101 13765 158450 SH DEFINED 0103 158450
EXXON COM 302290101 8340 96000 SH DEFINED 01 96000
EYE CARE CTR WTS'03 WARRANT 302294137 45 3000 SH DEFINED 011621 3000
F & M BANCORPORATION COM 302371109 1420 45810 SH DEFINED 0128 45810
FMC CORP COM 302491303 284 4347 SH DEFINED 0103 4347
FPL GROUP INC. COM 302571104 13800 300000 SH DEFINED 0132 300000
FPL GROUP INC. COM 302571104 15796 343400 SH DEFINED 0124 343400
FPL GROUP INC. COM 302571104 6794 147700 SH DEFINED 0125 147700
FPL GROUP INC. COM 302571104 14720 320000 SH DEFINED 0107 320000
FPL GROUP INC. COM 302571104 18400 400000 SH DEFINED 011618 400000
FPL GROUP INC. COM 302571104 368 8000 SH DEFINED 011620 8000
FPL GROUP INC. COM 302571104 1151 25024 SH DEFINED 0102 25024
FPL GROUP INC. COM 302571104 2375 51613 SH DEFINED 0103 51613
FACTSET RESEARCH COM 303075105 122 7200 SH DEFINED 011619 7200
FACTSET RESEARCH COM 303075105 517 30400 SH DEFINED 011614 30400
<PAGE> PAGE 28
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
FACTSET RESEARCH COM 303075105 237 13900 SH DEFINED 0102 13900
FACTSET RESEARCH COM 303075105 301 17700 SH DEFINED 0131 17700
FACTSET RESEARCH COM 303075105 14 800 SH DEFINED 0103 800
FAIR ISAAC & CO INC COM 303250104 84 1900 SH DEFINED 0124 1900
FALCON BUILDING COM 305916108 2336 194700 SH DEFINED 011619 194700
FAST COMM COM 311871107 1813 100000 SH DEFINED 011619 100000
FAST COMM COM 311871107 8156 450000 SH DEFINED 011614 450000
FEDERAL EXPRESS COM 313309106 551 6714 SH DEFINED 0103 6714
FED HOME LOAN MTG CP COM 313400301 9927 116100 SH DEFINED 0124 116100
FED HOME LOAN MTG CP COM 313400301 4215 49300 SH DEFINED 0125 49300
FED HOME LOAN MTG CP COM 313400301 1282 15000 SH DEFINED 0102 15000
FED HOME LOAN MTG CP COM 313400301 2970 34732 SH DEFINED 0103 34732
FEDERAL NATL MTGE COM 313586109 9380 280000 SH DEFINED 0107 280000
FEDERAL NATL MTGE COM 313586109 20100 600000 SH DEFINED 011618 600000
FEDERAL NATL MTGE COM 313586109 56026 1672502 SH DEFINED 0102 1672502
FEDERAL NATL MTGE COM 313586109 5270 157323 SH DEFINED 0103 157323
FEDERAL SIGNAL CORP COM 313855108 2115 90000 SH DEFINED 011620 90000
FEDERATED DPT STORES COM 31410H101 6825 200000 SH DEFINED 0108 200000
FEDERATED DPT STORES COM 31410H101 47775 1400000 SH DEFINED 0126 1400000
FEDERATED DPT STORES COM 31410H101 11493 336800 SH DEFINED 0124 336800
FEDERATED DPT STORES COM 31410H101 4412 129300 SH DEFINED 0125 129300
FEDERATED DPT STORES COM 31410H101 23888 700000 SH DEFINED 011516 700000
FEDERATED DPT STORES COM 31410H101 58452 1712797 SH DEFINED 0102 1712797
FEDERATED DPT STORES COM 31410H101 2449 71775 SH DEFINED 0103 71775
FEDERATED DPT STORES COM 31410H101 7592 222500 SH DEFINED 01 222500
FELCOR HOTEL COM 314305103 6405 210000 SH DEFINED 0107 210000
FIDELITY MAGELLAN FD COM 316184100 5 62 SH DEFINED 01 62
FIFTH THIRD BANCORP COM 316773100 635 11760 SH DEFINED 0103 11760
FILENET CORP COM 316869106 120 3300 SH DEFINED 0124 3300
FINGERHUT COMPANIES COM 317867109 1188 76000 SH DEFINED 011619 76000
FINGERHUT COMPANIES COM 317867109 5000 320000 SH DEFINED 011614 320000
FINOVA GROUP INC. COM 317928109 9750 200000 SH DEFINED 0106 200000
FINOVA GROUP INC. COM 317928109 1658 34000 SH DEFINED 01 34000
FIRST AMER FINL CP C COM 318522307 88 2600 SH DEFINED 0124 2600
FIRST AMERICAN PRIME COM 318901998 0 1 SH DEFINED 0102 1
FIRST BANK SYSTEM COM 319279105 174 3000 SH DEFINED 0102 3000
FIRST BANK SYSTEM COM 319279105 958 16515 SH DEFINED 0103 16515
FIRST CHICAGO NBD COM 31945A100 31300 800000 SH DEFINED 0130 800000
FIRST CHICAGO NBD COM 31945A100 7246 185200 SH DEFINED 0124 185200
FIRST CHICAGO NBD COM 31945A100 3076 78631 SH DEFINED 0125 78631
FIRST CHICAGO NBD COM 31945A100 6847 175000 SH DEFINED 0107 175000
FIRST CHICAGO NBD COM 31945A100 2 50 SH DEFINED 011623 50
FIRST CHICAGO NBD COM 31945A100 27388 700000 SH DEFINED 011516 700000
FIRST CHICAGO NBD COM 31945A100 9781 250000 SH DEFINED 011618 250000
FIRST CHICAGO NBD COM 31945A100 14001 357744 SH DEFINED 0102 357744
FIRST CHICAGO NBD COM 31945A100 2447 62556 SH DEFINED 0103 62556
FIRST CHI SRV 50 NBD CONV PFD STOCK 31945A407 7702 115600 SH DEFINED 01 115600
FIRST COMMERCIAL COR COM 319825105 31 1000 SH DEFINED 0124 1000
FIRST DATA CORP COM 319963104 183138 2300000 SH DEFINED 0126 2300000
FIRST DATA CORP COM 319963104 50511 634360 SH DEFINED 0111 634360
<PAGE> PAGE 29
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
FIRST DATA CORP COM 319963104 908 11400 SH DEFINED 0124 11400
FIRST DATA CORP COM 319963104 621 7800 SH DEFINED 0125 7800
FIRST DATA CORP COM 319963104 7981 100228 SH DEFINED 011622 100228
FIRST DATA CORP COM 319963104 17780 223294 SH DEFINED 011623 223294
FIRST DATA CORP COM 319963104 31850 400000 SH DEFINED 011618 400000
FIRST DATA CORP COM 319963104 2389 30000 SH DEFINED 011619 30000
FIRST DATA CORP COM 319963104 1354 17000 SH DEFINED 011620 17000
FIRST DATA CORP COM 319963104 16721 210000 SH DEFINED 011614 210000
FIRST DATA CORP COM 319963104 32721 410969 SH DEFINED 0102 410969
FIRST DATA CORP COM 319963104 9471 118942 SH DEFINED 0131 118942
FIRST DATA CORP COM 319963104 2432 30566 SH DEFINED 0103 30566
FIRST DATA CORP COM 319963104 7087 89000 SH DEFINED 01 89000
FIRST FINL CORP WIS COM 320227101 104 4600 SH DEFINED 0124 4600
FIRST MICHIGAN BANK COM 320859101 19 600 SH DEFINED 0124 600
FIRST MISS CORP COM 320891104 71 3200 SH DEFINED 0124 3200
FIRST UNION CORP COM 337358105 24350 400000 SH DEFINED 0130 400000
FIRST UNION CORP COM 337358105 12175 200000 SH DEFINED 0108 200000
FIRST UNION CORP COM 337358105 33481 550000 SH DEFINED 0113 550000
FIRST UNION CORP COM 337358105 11998 197100 SH DEFINED 0124 197100
FIRST UNION CORP COM 337358105 4669 76700 SH DEFINED 0125 76700
FIRST UNION CORP COM 337358105 20089 330000 SH DEFINED 0107 330000
FIRST UNION CORP COM 337358105 1735 28500 SH DEFINED 011620 28500
FIRST UNION CORP COM 337358105 1035 17030 SH DEFINED 0102 17030
FIRST UNION CORP COM 337358105 27394 450000 SH DEFINED 0131 450000
FIRST UNION CORP COM 337358105 4200 68986 SH DEFINED 0103 68986
FIRST VIRGINIA BANK COM 337477103 6000 150000 SH DEFINED 0128 150000
FISERV INC COM 337738108 34500 1150000 SH DEFINED 011516 1150000
FIRSTMERIT CORP COM 337915102 89 2800 SH DEFINED 0124 2800
FISHER SCIENTIFIC IN COM 338032105 191 5100 SH DEFINED 0124 5100
FISHER SCIENTIFIC IN COM 338032105 4080 108800 SH DEFINED 011516 108800
FLEET FINANCIAL GRP COM 338915101 1338 30768 SH DEFINED 0103 30768
FLEETWOOD ENTERPRISE COM 339099103 165 5330 SH DEFINED 0103 5330
FLETCHER CHAL FOREST COM 339101982 526 422849 SH DEFINED 0112 422849
FLETCHER CHAL FOREST COM 339101982 576 462988 SH DEFINED 011617 462988
FLEMING CO COM 339130106 64 4463 SH DEFINED 0103 4463
FLORIDA PROGRESS COM 341109106 1216 35000 SH DEFINED 01 35000
JOHN FLUKE MFG COM 343856100 145 3600 SH DEFINED 0124 3600
FLUOR CORP COM 343861100 13075 200000 SH DEFINED 0108 200000
FLUOR CORP COM 343861100 98063 1500000 SH DEFINED 0126 1500000
FLUOR CORP COM 343861100 49031 750000 SH DEFINED 0111 750000
FLUOR CORP COM 343861100 556 8500 SH DEFINED 0124 8500
FLUOR CORP COM 343861100 386 5900 SH DEFINED 0125 5900
FLUOR CORP COM 343861100 6538 100000 SH DEFINED 011622 100000
FLUOR CORP COM 343861100 13075 200000 SH DEFINED 011623 200000
FLUOR CORP COM 343861100 3726 57000 SH DEFINED 011614 57000
FLUOR CORP COM 343861100 36738 561923 SH DEFINED 0102 561923
FLUOR CORP COM 343861100 5158 78900 SH DEFINED 0131 78900
FLUOR CORP COM 343861100 1345 20571 SH DEFINED 0103 20571
FLUOR CORP COM 343861100 4903 75000 SH DEFINED 01 75000
FOOD LION INC CL A COM 344775200 27781 3500000 SH DEFINED 011516 3500000
<PAGE> PAGE 30
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
FOODMAKER INC WARRANT 344839113 161 7000 SH DEFINED 0109 7000
FORD MOTOR COM 345370100 12950 400000 SH DEFINED 0130 400000
FORD MOTOR COM 345370100 25900 800000 SH DEFINED 0113 800000
FORD MOTOR COM 345370100 8732 269700 SH DEFINED 0124 269700
FORD MOTOR COM 345370100 4167 128700 SH DEFINED 0125 128700
FORD MOTOR COM 345370100 12464 385000 SH DEFINED 0107 385000
FORD MOTOR COM 345370100 2590 80000 SH DEFINED 011622 80000
FORD MOTOR COM 345370100 5828 180000 SH DEFINED 011623 180000
FORD MOTOR COM 345370100 550 17000 SH DEFINED 011620 17000
FORD MOTOR COM 345370100 760 23500 SH DEFINED 0102 23500
FORD MOTOR COM 345370100 17806 550000 SH DEFINED 0131 550000
FORD MOTOR COM 345370100 6298 194512 SH DEFINED 0103 194512
FORD MOTOR COM 345370100 874 27000 SH DEFINED 01 27000
FORD MOTOR CO $50 CONV PFD STOCK 345370209 32 300 SH DEFINED 0102 300
FORE SYSTEMS COM 345449102 9934 275000 SH DEFINED 0106 275000
FORE SYSTEMS COM 345449102 15602 431850 SH DEFINED 0102 431850
FORE SYSTEMS COM 345449102 6141 170000 SH DEFINED 0131 170000
FORE SYSTEMS COM 345449102 668 18500 SH DEFINED 0103 18500
FOREST LABS COM 345838106 11947 309300 SH DEFINED 0130 309300
FOREST LABS COM 345838106 50213 1300000 SH DEFINED 011516 1300000
FORT HOWARD COM 347461105 12919 650000 SH DEFINED 011516 650000
FORT HOWARD COM 347461105 80 4000 SH DEFINED 01 4000
FOSTER WHEELER COM 350244109 213 4747 SH DEFINED 0103 4747
FOUNDATION HEALTH CO COM 350401105 17938 500000 SH DEFINED 0106 500000
FRAMLINGTON MAGHREB COM 351689997 2417 47400 SH DEFINED 0112 47400
FRAMLINGTON MAGHREB COM 351689997 2550 50000 SH DEFINED 011617 50000
FRANKLIN CUSTODY FD COM 353496607 0 32 SH DEFINED 01 32
FRANKLIN QUEST CO COM 354596108 151 7300 SH DEFINED 0124 7300
FRANKLIN RESOURCES COM 354613101 214 3500 SH DEFINED 0102 3500
FREEPORT COPPER "B" COM 35671D857 31875 1000000 SH DEFINED 0130 1000000
FREEPORT COPPER "B" COM 35671D857 5578 175000 SH DEFINED 0127 175000
FREEPORT COPPER "B" COM 35671D857 15938 500000 SH DEFINED 011618 500000
FREEPORT COPPER "B" COM 35671D857 727 22819 SH DEFINED 0103 22819
FREMONT GENERAL CORP COM 357288109 182 7900 SH DEFINED 0124 7900
FRIEDMANS INC -CL A COM 358438109 1862 73000 SH DEFINED 011619 73000
FRIEDMANS INC -CL A COM 358438109 8084 317000 SH DEFINED 011614 317000
FRONTIER INS GROUP COM 359081106 186 5390 SH DEFINED 0124 5390
FRUIT OF THE LOOM A COM 359416104 229 8987 SH DEFINED 0103 8987
FULCRUM COM 359613106 7725 600000 SH DEFINED 011516 600000
FUSION SYSTEMS COM 361129109 6806 275000 SH DEFINED 0106 275000
FUSION SYSTEMS COM 361129109 1535 62000 SH DEFINED 01 62000
G&K SERVICES CL A COM 361268105 131 4600 SH DEFINED 0124 4600
GATX CORP COM 361448103 19300 400000 SH DEFINED 0113 400000
GC COMPANIES COM 36155Q109 37 1000 SH DEFINED 0124 1000
GST 13.875CVT 12/00 CONV BOND 361942AA3 1045 1045000 PRN DEFINED 0104 1045000
GST 13.875CVT 12/00 CONV BOND 361942AA3 2320 2320000 PRN DEFINED 0109 2320000
GST 13.875CVT 12/00 CONV BOND 361942AA3 1000 1000000 PRN DEFINED 0124 1000000
GST 13.875CVT 12/00 CONV BOND 361942AA3 1745 1745000 PRN DEFINED 011621 1745000
GST 13.875CVT 12/00 CONV BOND 361942AA3 550 550000 PRN DEFINED 011618 550000
GST 13.875CVT 12/00 CONV BOND 361942AA3 50 50000 PRN DEFINED 011620 50000
<PAGE> PAGE 31
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
GNI GROUP COM 362022105 1313 250000 SH DEFINED 0135 250000
GTE CORP COM 362320103 22375 500000 SH DEFINED 0130 500000
GTE CORP COM 362320103 76075 1700000 SH DEFINED 0126 1700000
GTE CORP COM 362320103 35800 800000 SH DEFINED 0113 800000
GTE CORP COM 362320103 21256 475000 SH DEFINED 0132 475000
GTE CORP COM 362320103 18142 405400 SH DEFINED 0124 405400
GTE CORP COM 362320103 8288 185200 SH DEFINED 0125 185200
GTE CORP COM 362320103 21033 470000 SH DEFINED 0107 470000
GTE CORP COM 362320103 26850 600000 SH DEFINED 011618 600000
GTE CORP COM 362320103 1342 30000 SH DEFINED 0102 30000
GTE CORP COM 362320103 7776 173772 SH DEFINED 0103 173772
GABLE RESIDENTIAL COM 362418105 9400 400000 SH DEFINED 0113 400000
GABLE RESIDENTIAL COM 362418105 4230 180000 SH DEFINED 0107 180000
GABLE RESIDENTIAL COM 362418105 470 20000 SH DEFINED 0103 20000
GALLAGHER ARTHUR J COM 363576109 240 7500 SH DEFINED 0124 7500
GALOOB (LEWIS) TOYS COM 364091108 33995 1203300 SH DEFINED 0102 1203300
GALOOB (LEWIS) TOYS COM 364091108 898 31800 SH DEFINED 0103 31800
GANNETT CO INC COM 364730101 5306 75000 SH DEFINED 0108 75000
GANNETT CO INC COM 364730101 37144 525000 SH DEFINED 0113 525000
GANNETT CO INC COM 364730101 25428 359400 SH DEFINED 011516 359400
GANNETT CO INC COM 364730101 28300 400000 SH DEFINED 0131 400000
GANNETT CO INC COM 364730101 2294 32428 SH DEFINED 0103 32428
GANNETT CO INC COM 364730101 4953 70000 SH DEFINED 01 70000
GAP INC., THE COM 364760108 35338 1100000 SH DEFINED 0130 1100000
GAP INC., THE COM 364760108 58 1800 SH DEFINED 0124 1800
GAP INC., THE COM 364760108 209 6500 SH DEFINED 0125 6500
GAP INC., THE COM 364760108 2891 90000 SH DEFINED 011619 90000
GAP INC., THE COM 364760108 2249 70000 SH DEFINED 011620 70000
GAP INC., THE COM 364760108 12850 400000 SH DEFINED 011614 400000
GAP INC., THE COM 364760108 32418 1009190 SH DEFINED 0102 1009190
GAP INC., THE COM 364760108 1610 50098 SH DEFINED 0103 50098
GAP INC., THE COM 364760108 1928 60000 SH DEFINED 01 60000
GART GROUP COM 366651107 43250 1180900 SH DEFINED 0102 1180900
GART GROUP COM 366651107 8307 226800 SH DEFINED 0131 226800
GART GROUP COM 366651107 1663 45400 SH DEFINED 0103 45400
GAYLORD ENTERTAINMEN COM 367901105 22493 796215 SH DEFINED 011516 796215
GAYLORD ENTERTAINMEN COM 367901105 17370 614837 SH DEFINED 0102 614837
GAYLORD ENTERTAINMEN COM 367901105 7899 279615 SH DEFINED 0131 279615
GAYLORD ENTERTAINMEN COM 367901105 679 24045 SH DEFINED 0103 24045
GAYLORD ENTERTAINMEN COM 367901105 4301 152250 SH DEFINED 01 152250
GAYLORD CONTAINER COM 368145108 3418 437500 SH DEFINED 0109 437500
GAYLORD CONTAIN WTS WARRANT 368145116 4395 562500 SH DEFINED 0109 562500
GENELAB TECHNOLOGIE COM 368706107 655 100700 SH DEFINED 011619 100700
GENELAB TECHNOLOGIE COM 368706107 2595 399300 SH DEFINED 011614 399300
GENENTECH SPEC COM COM 368710307 52375 1000000 SH DEFINED 011516 1000000
GENENTECH SPEC COM COM 368710307 12395 236660 SH DEFINED 0102 236660
GENERAL DYNAMICS COM 369550108 918 14800 SH DEFINED 0124 14800
GENERAL DYNAMICS COM 369550108 756 12200 SH DEFINED 0125 12200
GENERAL DYNAMICS COM 369550108 43 700 SH DEFINED 0102 700
GENERAL DYNAMICS COM 369550108 624 10061 SH DEFINED 0103 10061
<PAGE> PAGE 32
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
GENERAL ELECTRIC COM 369604103 49738 575000 SH DEFINED 0130 575000
GENERAL ELECTRIC COM 369604103 276800 3200000 SH DEFINED 0126 3200000
GENERAL ELECTRIC COM 369604103 38925 450000 SH DEFINED 0113 450000
GENERAL ELECTRIC COM 369604103 32636 377300 SH DEFINED 0124 377300
GENERAL ELECTRIC COM 369604103 13710 158500 SH DEFINED 0125 158500
GENERAL ELECTRIC COM 369604103 16003 185000 SH DEFINED 0107 185000
GENERAL ELECTRIC COM 369604103 64010 740000 SH DEFINED 011618 740000
GENERAL ELECTRIC COM 369604103 288921 3340069 SH DEFINED 0102 3340069
GENERAL ELECTRIC COM 369604103 28113 325000 SH DEFINED 0131 325000
GENERAL ELECTRIC COM 369604103 22577 261025 SH DEFINED 0103 261025
GENERAL ELECTRIC COM 369604103 24329 281255 SH DEFINED 01 281255
GENERAL INSTRUMENT C COM 370121105 116 4000 SH DEFINED 0102 4000
GENERAL INSTRUMENT C COM 370121105 415 14377 SH DEFINED 0103 14377
GENERAL MILLS COM 370334104 31338 575000 SH DEFINED 0113 575000
GENERAL MILLS COM 370334104 1888 34640 SH DEFINED 0103 34640
GENERAL MOTORS COM 370442105 10475 200000 SH DEFINED 0130 200000
GENERAL MOTORS COM 370442105 35353 675000 SH DEFINED 0113 675000
GENERAL MOTORS COM 370442105 24915 475700 SH DEFINED 0124 475700
GENERAL MOTORS COM 370442105 9228 176200 SH DEFINED 0125 176200
GENERAL MOTORS COM 370442105 629 12000 SH DEFINED 011620 12000
GENERAL MOTORS COM 370442105 119802 2287542 SH DEFINED 0102 2287542
GENERAL MOTORS COM 370442105 27497 525000 SH DEFINED 0131 525000
GENERAL MOTORS COM 370442105 8181 156190 SH DEFINED 0103 156190
GENERAL MOTORS COM 370442105 8119 155000 SH DEFINED 01 155000
GENERAL MOTORS CL H COM 370442501 30063 500000 SH DEFINED 0130 500000
GENERAL MOTORS CL H COM 370442501 1804 30000 SH DEFINED 011620 30000
GENERAL NUTRITION IN COM 37047F103 8750 500000 SH DEFINED 011516 500000
GENERAL NUTRITION IN COM 37047F103 116 6600 SH DEFINED 0102 6600
GENERAL NUTRITION IN COM 37047F103 3413 195000 SH DEFINED 01 195000
GEN PUB UTILITIES COM 370550105 28200 800000 SH DEFINED 0113 800000
GEN PUB UTILITIES COM 370550105 10575 300000 SH DEFINED 0132 300000
GEN PUB UTILITIES COM 370550105 14100 400000 SH DEFINED 011618 400000
GEN PUB UTILITIES COM 370550105 17625 500000 SH DEFINED 0131 500000
GEN PUB UTILITIES COM 370550105 1341 38052 SH DEFINED 0103 38052
GENERAL RE CORP COM 370563108 15225 100000 SH DEFINED 0130 100000
GENERAL RE CORP COM 370563108 20 130 SH DEFINED 0102 130
GENERAL RE CORP COM 370563108 1446 9500 SH DEFINED 0103 9500
GENERAL SIGNAL COM 370838104 4166 110000 SH DEFINED 0128 110000
GENERAL SIGNAL COM 370838104 18301 483200 SH DEFINED 0124 483200
GENERAL SIGNAL COM 370838104 5730 151300 SH DEFINED 0125 151300
GENERAL SIGNAL COM 370838104 14014 370000 SH DEFINED 0107 370000
GENERAL SIGNAL COM 370838104 59956 1583000 SH DEFINED 011516 1583000
GENERAL SIGNAL COM 370838104 15150 400000 SH DEFINED 011618 400000
GENERAL SIGNAL COM 370838104 34499 910850 SH DEFINED 0102 910850
GENERAL SIGNAL COM 370838104 11363 300000 SH DEFINED 0131 300000
GENERAL SIGNAL COM 370838104 1455 38418 SH DEFINED 0103 38418
GENTEX CORP COM 371901109 7800 400000 SH DEFINED 0111 400000
GENTEX CORP COM 371901109 191 9800 SH DEFINED 0124 9800
GENTEX CORP COM 371901109 234 12000 SH DEFINED 0102 12000
GENESIS HEALTH VENT COM 371912106 7059 225000 SH DEFINED 0106 225000
<PAGE> PAGE 33
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
GENESIS HEALTH VENT COM 371912106 317 10100 SH DEFINED 0124 10100
GENESIS HEALTH VENT COM 371912106 14119 450000 SH DEFINED 011516 450000
GENESIS HEALTH VENT COM 371912106 2353 75000 SH DEFINED 011619 75000
GENESIS HEALTH VENT COM 371912106 9569 305000 SH DEFINED 011614 305000
GENSET ADS COM 37244T104 745 40000 SH DEFINED 011619 40000
GENSET ADS COM 37244T104 3539 190000 SH DEFINED 011614 190000
GENSIA PHARMACEUTICS COM 372450106 1 161 SH DEFINED 0111 161
GEON COMPANY COM 37246W105 169 7500 SH DEFINED 0124 7500
GENUINE PARTS COM 372460105 27450 600000 SH DEFINED 0130 600000
GENUINE PARTS COM 372460105 29738 650000 SH DEFINED 0113 650000
GENUINE PARTS COM 372460105 24019 525000 SH DEFINED 0131 525000
GENUINE PARTS COM 372460105 1613 35253 SH DEFINED 0103 35253
GENUINE PARTS COM 372460105 7291 159375 SH DEFINED 01 159375
GENZYME CORP COM 372917104 20 400 SH DEFINED 0102 400
GENZYME CORP COM 372917104 5457 108600 SH DEFINED 0131 108600
GENZYME CORP COM 372917104 256 5100 SH DEFINED 0103 5100
GEORGIA PACIFIC COM 373298108 937 13200 SH DEFINED 0124 13200
GEORGIA PACIFIC COM 373298108 838 11800 SH DEFINED 0125 11800
GEORGIA PACIFIC COM 373298108 14200 200000 SH DEFINED 011516 200000
GEORGIA PACIFIC COM 373298108 128 1800 SH DEFINED 0102 1800
GEORGIA PACIFIC COM 373298108 934 13157 SH DEFINED 0103 13157
GEOTEK CORP CONV BOND 373654AH5 7100 5000000 PRN DEFINED 0104 5000000
GEOTEK CORP CONV BOND 373654AH5 7100 5000000 PRN DEFINED 0109 5000000
GEOTEK CORP CONV BOND 373654AH5 4260 3000000 PRN DEFINED 0124 3000000
GEOTEK CORP CONV BOND 373654AH5 7100 5000000 PRN DEFINED 011621 5000000
GEOTEK CORP CONV BOND 373654AH5 2840 2000000 PRN DEFINED 011618 2000000
GEOTEK CORP CONV BOND 373654AH5 355 250000 PRN DEFINED 011620 250000
GEOTEK COMMUNICATION COM 373654102 6159 450000 SH DEFINED 0106 450000
GEOTEK COMMUNICATION COM 373654102 193 14100 SH DEFINED 0124 14100
GEOTEK COMMUNICATION COM 373654102 6844 500000 SH DEFINED 011516 500000
GEOTEK COMMUNICATION COM 373654102 1273 93000 SH DEFINED 011619 93000
GEOTEK COMMUNICATION COM 373654102 5352 391000 SH DEFINED 011614 391000
GEOTEK COMM WTS COM 373654136 5671 872500 SH DEFINED 0109 872500
GEOTEK COMM WTS COM 373654136 1625 250000 SH DEFINED 011621 250000
GERBER SCIENTIFIC COM 373730100 23 1400 SH DEFINED 0124 1400
GETCHELL GOLD CORP COM 374265106 26341 798200 SH DEFINED 0130 798200
GETCHELL GOLD CORP COM 374265106 92 2800 SH DEFINED 0124 2800
GETCHELL GOLD CORP COM 374265106 4019 121800 SH DEFINED 0127 121800
GIANT FOOD CL A COM 374478105 252 7029 SH DEFINED 0103 7029
GIDDINGS & LEWIS WIS COM 375048105 34125 2100000 SH DEFINED 011516 2100000
GIDDINGS & LEWIS WIS COM 375048105 66 4061 SH DEFINED 0103 4061
GILEAD SCIENCES COM 375558103 25250 1000000 SH DEFINED 011516 1000000
GILEAD SCIENCES COM 375558103 9416 372950 SH DEFINED 0102 372950
GILEAD SCIENCES COM 375558103 5868 232400 SH DEFINED 0131 232400
GILEAD SCIENCES COM 375558103 565 22400 SH DEFINED 0103 22400
GILLETTE CO COM 375766102 37425 600000 SH DEFINED 0130 600000
GILLETTE CO COM 375766102 130988 2100000 SH DEFINED 0126 2100000
GILLETTE CO COM 375766102 8533 136800 SH DEFINED 0124 136800
GILLETTE CO COM 375766102 3568 57200 SH DEFINED 0125 57200
GILLETTE CO COM 375766102 31188 500000 SH DEFINED 011618 500000
<PAGE> PAGE 34
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
GILLETTE CO COM 375766102 60204 965204 SH DEFINED 0102 965204
GILLETTE CO COM 375766102 4484 71887 SH DEFINED 0103 71887
GLOBAL INDL TECH COM COM 379335102 58 3600 SH DEFINED 0124 3600
GLOBAL MARINE COM 379352404 3469 250000 SH DEFINED 011619 250000
GLOBAL MARINE COM 379352404 15263 1100000 SH DEFINED 011614 1100000
GLOBAL NATURAL RESOU COM 379355100 7369 450000 SH DEFINED 0106 450000
GOLD FIELDS SO AFRIC COM 380597500 303 10000 SH DEFINED 0127 10000
GOLDEN WEST FIN COM 381317106 389 6946 SH DEFINED 0103 6946
GS-CIRCUIT CITY PERC PREFERRED STOCK 38141MBL4 18348 535715 SH DEFINED 0130 535715
GS-CIRCUIT CITY PERC PREFERRED STOCK 38141MBL4 12232 357143 SH DEFINED 0107 357143
GOODRICH B.F. COM 382388106 120 3200 SH DEFINED 0124 3200
GOODRICH B.F. COM 382388106 233 6243 SH DEFINED 0103 6243
GOODYEAR COM 382550101 8444 175000 SH DEFINED 0108 175000
GOODYEAR COM 382550101 1800 37300 SH DEFINED 0124 37300
GOODYEAR COM 382550101 478 9900 SH DEFINED 0125 9900
GOODYEAR COM 382550101 772 16000 SH DEFINED 011620 16000
GOODYEAR COM 382550101 5666 117435 SH DEFINED 0102 117435
GOODYEAR COM 382550101 978 20256 SH DEFINED 0103 20256
W R GRACE COM 383883105 808 11397 SH DEFINED 0103 11397
GRAINGER (W.W.) COM 384802104 11625 150000 SH DEFINED 0124 150000
GRAINGER (W.W.) COM 384802104 7479 96500 SH DEFINED 0125 96500
GRAINGER (W.W.) COM 384802104 12450 160600 SH DEFINED 0102 160600
GRAINGER (W.W.) COM 384802104 2025 26120 SH DEFINED 0103 26120
GRANCARE INV CVT COM 385188107 137 6900 SH DEFINED 0124 6900
GRAND CASINOS INC COM 385269105 245 9500 SH DEFINED 0124 9500
GRAND MET PLC -ADR COM 386090302 22597 844760 SH DEFINED 0103 844760
GRAND MET PLC 144A CONV BOND 386098AA5 16481 15000000 PRN DEFINED 0130 15000000
GRAND MET PLC 144A CONV BOND 386098AA5 21975 20000000 PRN DEFINED 0113 20000000
GREAT A. & P. TEA COM 390064103 149 4525 SH DEFINED 0103 4525
GREAT BAY POWER CORP COM 390139103 0 28 SH DEFINED 011621 28
GREAT LAKES CHEM CO COM 390568103 470 7552 SH DEFINED 0103 7552
GREAT WESTERN FIN CP COM 391442100 1597 66900 SH DEFINED 0124 66900
GREAT WESTERN FIN CP COM 391442100 976 40900 SH DEFINED 0125 40900
GREAT WESTERN FIN CP COM 391442100 14325 600000 SH DEFINED 011516 600000
GREAT WESTERN FIN CP COM 391442100 120 5000 SH DEFINED 0102 5000
GREAT WESTERN FIN CP COM 391442100 575 24110 SH DEFINED 0103 24110
GREEN TREE FINL CORP COM 393505102 37500 1200000 SH DEFINED 0111 1200000
GREEN TREE FINL CORP COM 393505102 4688 150000 SH DEFINED 011622 150000
GREEN TREE FINL CORP COM 393505102 6250 200000 SH DEFINED 011623 200000
GREEN TREE FINL CORP COM 393505102 34375 1100000 SH DEFINED 011618 1100000
GREEN TREE FINL CORP COM 393505102 2031 65000 SH DEFINED 011619 65000
GREEN TREE FINL CORP COM 393505102 8438 270000 SH DEFINED 011614 270000
GREEN TREE FINL CORP COM 393505102 9503 304041 SH DEFINED 0102 304041
GREEN TREE FINL CORP COM 393505102 5594 179000 SH DEFINED 0131 179000
GREEN TREE FINL CORP COM 393505102 1128 36064 SH DEFINED 0103 36064
GRNFLD IND 144A $50 CONV PFD STOCK 394858203 1313 25000 SH DEFINED 011620 25000
GREENFIELDS COM 395058100 6600 200000 SH DEFINED 0106 200000
GREENFIELDS COM 395058100 152 4600 SH DEFINED 0124 4600
GREENFIELDS COM 395058100 13200 400000 SH DEFINED 011516 400000
GREENFIELDS COM 395058100 2541 77000 SH DEFINED 011620 77000
<PAGE> PAGE 35
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
GRIFFON CORP COM 398433102 4875 600000 SH DEFINED 0128 600000
GRIFFON CORP COM 398433102 85 10400 SH DEFINED 0124 10400
G-CASA AUTREY COM 40048P104 30638 1425000 SH DEFINED 011516 1425000
G-TELEVISA COM 40049J206 18450 600000 SH DEFINED 011516 600000
G-TELEVISA COM 40049J206 3075 100000 SH DEFINED 011619 100000
G-TELEVISA COM 40049J206 11685 380000 SH DEFINED 011614 380000
G-TECH HOLDINGS CORP COM 400518106 20738 700000 SH DEFINED 011516 700000
GUCCI COM 401566104 1658 25700 SH DEFINED 011620 25700
GUIDANT CORP COM 401698105 39400 800000 SH DEFINED 0126 800000
GUIDANT CORP COM 401698105 2216 45000 SH DEFINED 011619 45000
GUIDANT CORP COM 401698105 1478 30000 SH DEFINED 011620 30000
GUIDANT CORP COM 401698105 9062 184000 SH DEFINED 011614 184000
GUIDANT CORP COM 401698105 469 9498 SH DEFINED 0102 9498
GYMBOREE COM 403777105 6863 225000 SH DEFINED 0106 225000
HBO COMPANY COM 404100109 79945 1180000 SH DEFINED 0126 1180000
HBO COMPANY COM 404100109 13509 199400 SH DEFINED 011619 199400
HBO COMPANY COM 404100109 74525 1100000 SH DEFINED 011614 1100000
HBO COMPANY COM 404100109 99883 1474304 SH DEFINED 0102 1474304
HBO COMPANY COM 404100109 38001 560900 SH DEFINED 0131 560900
HBO COMPANY COM 404100109 5976 88200 SH DEFINED 0103 88200
HFS INC COM 404181109 119000 1700000 SH DEFINED 0126 1700000
HFS INC COM 404181109 4900 70000 SH DEFINED 011619 70000
HFS INC COM 404181109 28000 400000 SH DEFINED 011614 400000
HFS INC COM 404181109 59961 856585 SH DEFINED 0102 856585
HFS INC COM 404181109 32410 463000 SH DEFINED 0131 463000
HFS INC COM 404181109 3059 43700 SH DEFINED 0103 43700
HALLIBURTON COM 406216101 744 13397 SH DEFINED 0103 13397
HANDY & HARMAN COM 410306104 31 1800 SH DEFINED 0124 1800
HANNA MA CO. COM 410522106 9394 450000 SH DEFINED 0108 450000
HANSON PLC ADR COM 411352305 12547 880500 SH DEFINED 0113 880500
HANSON PLC ADR COM 411352305 10619 745200 SH DEFINED 0131 745200
HANSON PLC ADR COM 411352305 456 32000 SH DEFINED 0103 32000
HANSON PLC ADR COM 411352305 677 47500 SH DEFINED 01 47500
HARCOR EGY WTS 144A WARRANT 411628118 220 110000 SH DEFINED 0109 110000
HARCOURT GENERAL CRP COM 41163G101 14000 280000 SH DEFINED 0108 280000
HARCOURT GENERAL CRP COM 41163G101 3130 62600 SH DEFINED 011619 62600
HARCOURT GENERAL CRP COM 41163G101 10000 200000 SH DEFINED 011614 200000
HARCOURT GENERAL CRP COM 41163G101 416 8324 SH DEFINED 0103 8324
HARLAND JOHN H COM 412693103 5418 220000 SH DEFINED 0128 220000
HARLAND JOHN H COM 412693103 89 3614 SH DEFINED 0103 3614
HARLEY DAVIDSON COM 412822108 12338 300000 SH DEFINED 0111 300000
HARLEY DAVIDSON COM 412822108 2673 65000 SH DEFINED 011619 65000
HARLEY DAVIDSON COM 412822108 11515 280000 SH DEFINED 011614 280000
HARLEY DAVIDSON COM 412822108 274 6651 SH DEFINED 0102 6651
HARLEY DAVIDSON COM 412822108 5145 125100 SH DEFINED 0131 125100
HARLEY DAVIDSON COM 412822108 243 5900 SH DEFINED 0103 5900
HARMAN INTERNATIONAL COM 413086109 24625 500000 SH DEFINED 0111 500000
HARMAN INTERNATIONAL COM 413086109 3227 65520 SH DEFINED 011622 65520
HARMAN INTERNATIONAL COM 413086109 7152 145215 SH DEFINED 011623 145215
HARMAN INTERNATIONAL COM 413086109 2216 45000 SH DEFINED 011619 45000
<PAGE> PAGE 36
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
HARMAN INTERNATIONAL COM 413086109 9850 200000 SH DEFINED 011614 200000
HARMAN INTERNATIONAL COM 413086109 186 3780 SH DEFINED 0102 3780
HARNISCHFEGER IND COM 413345109 17456 525000 SH DEFINED 0106 525000
HARNISCHFEGER IND COM 413345109 184 5535 SH DEFINED 0103 5535
HARRAH'S ENT COM 413619107 22600 800000 SH DEFINED 0130 800000
HARRAH'S ENT COM 413619107 8015 283700 SH DEFINED 0124 283700
HARRAH'S ENT COM 413619107 3023 107000 SH DEFINED 0125 107000
HARRAH'S ENT COM 413619107 22600 800000 SH DEFINED 011516 800000
HARRAH'S ENT COM 413619107 1978 70000 SH DEFINED 011619 70000
HARRAH'S ENT COM 413619107 8193 290000 SH DEFINED 011614 290000
HARRAH'S ENT COM 413619107 1575 55800 SH DEFINED 0102 55800
HARRAH'S ENT COM 413619107 5596 198100 SH DEFINED 0131 198100
HARRAH'S ENT COM 413619107 1235 43719 SH DEFINED 0103 43719
HARRIS CORP COM 413875105 282 4625 SH DEFINED 0103 4625
HARTFORD STM BOILER COM 416704104 147 3000 SH DEFINED 0102 3000
HASBRO INC COM 418056107 367 10265 SH DEFINED 0103 10265
HAT BRANDS WTS8/2002 WARRANT 4187309X7 0 90345 SH DEFINED 0109 90345
HAWAII ELEC $100 PREFERRED STOCK 419990197 2095 20000 SH DEFINED 0105 20000
MAUI ELEC $100 PREFERRED STOCK 419990205 2619 25000 SH DEFINED 0105 25000
HAYES WHEELS COM 420804106 206 6500 SH DEFINED 0124 6500
HEALTH CARE PROP INV COM 421915109 6750 200000 SH DEFINED 011618 200000
HEALTHSOUTH CORP COM 421924101 72000 2000000 SH DEFINED 0111 2000000
HEALTHSOUTH CORP COM 421924101 8806 244600 SH DEFINED 011622 244600
HEALTHSOUTH CORP COM 421924101 19346 537400 SH DEFINED 011623 537400
HEALTHSOUTH CORP COM 421924101 40554 1126500 SH DEFINED 0102 1126500
HEALTHSOUTH CORP COM 421924101 8197 227700 SH DEFINED 0131 227700
HEALTHSOUTH CORP COM 421924101 1605 44600 SH DEFINED 0103 44600
HEALTHCARE COMPARE COM 421928102 29250 600000 SH DEFINED 0111 600000
HEALTHCARE COMPARE COM 421928102 4875 100000 SH DEFINED 011622 100000
HEALTHCARE COMPARE COM 421928102 9750 200000 SH DEFINED 011623 200000
HEALTH MGMT ASSOC COM 421933102 2217 109500 SH DEFINED 011619 109500
HEALTH MGMT ASSOC COM 421933102 9781 483000 SH DEFINED 011614 483000
HEALTH MGMT ASSOC COM 421933102 23431 1157113 SH DEFINED 0102 1157113
HEALTH MGMT ASSOC COM 421933102 12645 624450 SH DEFINED 0131 624450
HEALTH MGMT ASSOC COM 421933102 1070 52837 SH DEFINED 0103 52837
HEALTHSOURC CVT144A CONV BOND 42221EAA2 11944 15000000 PRN DEFINED 0130 15000000
HEALTHSOURC CVT144A CONV BOND 42221EAA2 637 800000 PRN DEFINED 0104 800000
HEALTHSOURC CVT144A CONV BOND 42221EAA2 478 600000 PRN DEFINED 0109 600000
HEALTHSOURC CVT144A CONV BOND 42221EAA2 478 600000 PRN DEFINED 011621 600000
HEALTHSOURCE INC COM 42221E104 21000 1200000 SH DEFINED 011516 1200000
HEARTLAND EXPRESS IN COM 422347104 155 5800 SH DEFINED 0124 5800
HEARTLAND EXPRESS IN COM 422347104 0 1 SH DEFINED 0102 1
HECLA NMINING CO COM 422704106 56 8000 SH DEFINED 0124 8000
HEFTEL BROADCASTING COM 422799106 741 25000 SH DEFINED 0106 25000
HEFTEL BROADCASTING COM 422799106 2648 89400 SH DEFINED 011619 89400
HEFTEL BROADCASTING COM 422799106 11112 375100 SH DEFINED 011614 375100
HEINZ H.J. COM 423074103 30375 1000000 SH DEFINED 0113 1000000
HEINZ H.J. COM 423074103 12909 425000 SH DEFINED 0107 425000
HEINZ H.J. COM 423074103 21263 700000 SH DEFINED 0131 700000
HEINZ H.J. COM 423074103 2226 73304 SH DEFINED 0103 73304
<PAGE> PAGE 37
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
HELMERICH & PAYNE COM 423452101 107 2934 SH DEFINED 0103 2934
HEM EN 144A WTS WARRANT 42368R116 59 36000 SH DEFINED 0109 36000
HERCULES INC COM 427056106 27625 500000 SH DEFINED 0130 500000
HERCULES INC COM 427056106 702 12702 SH DEFINED 0103 12702
HERSHEY FOODS COM 427866108 114147 1555653 SH DEFINED 0103 1555653
HEWLETT PACKARD COM 428236103 9963 100000 SH DEFINED 0130 100000
HEWLETT PACKARD COM 428236103 164381 1650000 SH DEFINED 0126 1650000
HEWLETT PACKARD COM 428236103 28493 286000 SH DEFINED 0124 286000
HEWLETT PACKARD COM 428236103 4553 45700 SH DEFINED 0125 45700
HEWLETT PACKARD COM 428236103 5041 50600 SH DEFINED 011622 50600
HEWLETT PACKARD COM 428236103 11198 112400 SH DEFINED 011623 112400
HEWLETT PACKARD COM 428236103 22914 230000 SH DEFINED 011618 230000
HEWLETT PACKARD COM 428236103 996 10000 SH DEFINED 011620 10000
HEWLETT PACKARD COM 428236103 1814 18200 SH DEFINED 0102 18200
HEWLETT PACKARD COM 428236103 6878 69034 SH DEFINED 0103 69034
HEWLETT PACKARD COM 428236103 4483 45000 SH DEFINED 01 45000
HIGHLANDS INS GRP COM 431032101 11250 600000 SH DEFINED 011516 600000
HILTON HOTELS COM 432848109 11250 100000 SH DEFINED 0130 100000
HILTON HOTELS COM 432848109 12113 107635 SH DEFINED 0102 107635
HILTON HOTELS COM 432848109 1060 9421 SH DEFINED 0103 9421
HOLOGIC COM 436440101 1416 32000 SH DEFINED 011619 32000
HOLOGIC COM 436440101 5664 128000 SH DEFINED 011614 128000
HOME DEPOT INC COM 437076102 32400 600000 SH DEFINED 0130 600000
HOME DEPOT INC COM 437076102 12960 240000 SH DEFINED 0108 240000
HOME DEPOT INC COM 437076102 54000 1000000 SH DEFINED 0126 1000000
HOME DEPOT INC COM 437076102 24651 456500 SH DEFINED 0124 456500
HOME DEPOT INC COM 437076102 9007 166800 SH DEFINED 0125 166800
HOME DEPOT INC COM 437076102 28620 530000 SH DEFINED 011618 530000
HOME DEPOT INC COM 437076102 1674 31000 SH DEFINED 011620 31000
HOME DEPOT INC COM 437076102 199767 3699408 SH DEFINED 0102 3699408
HOME DEPOT INC COM 437076102 5976 110656 SH DEFINED 0103 110656
HOME DEPOT INC COM 437076102 3708 68666 SH DEFINED 01 68666
HOME PROPERTIES COM 437306103 5265 260000 SH DEFINED 0132 260000
HOME SHOPPING CVT CONV BOND 437351AB5 4680 4000000 PRN DEFINED 011516 4000000
HOME SHOPPING NETWRK COM 437351109 28800 2400000 SH DEFINED 011516 2400000
HOME SHOPPING NETWRK COM 437351109 2100 175000 SH DEFINED 011619 175000
HOME SHOPPING NETWRK COM 437351109 6000 500000 SH DEFINED 011614 500000
HOMESTAKE MINING COM 437614100 294 17153 SH DEFINED 0103 17153
HONEYWELL COM 438506107 811 14880 SH DEFINED 0103 14880
HORACE MANN EDUCATOR COM 440327104 6350 200000 SH DEFINED 0128 200000
HOSIERY CORP "A"144A WARRANT 441016102 50 10000 SH DEFINED 0109 10000
HOUSEHOLD INTL COM 441815107 45600 600000 SH DEFINED 0126 600000
HOUSEHOLD INTL COM 441815107 2561 33700 SH DEFINED 0124 33700
HOUSEHOLD INTL COM 441815107 813 10700 SH DEFINED 0125 10700
HOUSEHOLD INTL COM 441815107 250 3300 SH DEFINED 0102 3300
HOUSEHOLD INTL COM 441815107 7425 97700 SH DEFINED 0131 97700
HOUSEHOLD INTL COM 441815107 1691 22242 SH DEFINED 0103 22242
HOUSTON INDUSTRIES COM 442161105 7388 300000 SH DEFINED 0132 300000
HOUSTON INDUSTRIES COM 442161105 758 30781 SH DEFINED 0103 30781
HUBBELL INC C/B COM 443510201 3975 60000 SH DEFINED 0128 60000
<PAGE> PAGE 38
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
HUBBELL INC C/B COM 443510201 6082 91800 SH DEFINED 011618 91800
HUBBELL INC C/B COM 443510201 729 11000 SH DEFINED 0103 11000
HUGHES SUPPLY COM 444482103 278 8000 SH DEFINED 0124 8000
HUMANA COM 444859102 26813 1500000 SH DEFINED 011516 1500000
HUMANA COM 444859102 339 18952 SH DEFINED 0103 18952
IDS CA TAX EXEMPT COM 449428101 1 207 SH DEFINED 01 207
EQUITY SELECT FD INC COM 44943G102 1 114 SH DEFINED 01 114
IDS PRECIOUS METALS COM 449455104 2 122 SH DEFINED 01 122
IDS INS TAX EXEMPT COM 44947T100 1 197 SH DEFINED 01 197
IDS MN TAX EXEMPT COM 44947T308 1 206 SH DEFINED 01 206
IDS NY TAX EXEMPT COM 44947T407 1 208 SH DEFINED 01 208
IDS MASS TAX-EXEMPT COM 44947T506 1 202 SH DEFINED 01 202
IDS MICH TAX-EXEMPT COM 44947T605 1 200 SH DEFINED 01 200
IDS OHIO TAX-EXEMPT COM 44947T704 1 202 SH DEFINED 01 202
IES INDUSTRIES INC COM 44949M103 11218 375505 SH DEFINED 0103 375505
IDSTC INCOME FUND II COM 449496108 143156 8988763 SH DEFINED 0103 8988763
IDS TRUST INT'L FUND COM 449500990 5645 63622 SH DEFINED 0103 63622
IHOP CORP NEW COM 449623107 95 3500 SH DEFINED 0124 3500
IMC GLOBAL INC COM 449669100 37625 1000000 SH DEFINED 0126 1000000
IMCO RECYCLING INC COM 449681105 6480 360000 SH DEFINED 0106 360000
IMCO RECYCLING INC COM 449681105 56 3100 SH DEFINED 0124 3100
IMCO RECYCLING INC COM 449681105 1980 110000 SH DEFINED 01 110000
IMC MORTGAGE COM 449923101 2561 113800 SH DEFINED 011619 113800
I-STAT CORP COM 450312103 7928 420000 SH DEFINED 011516 420000
ITI TECH COM 450564109 2475 75000 SH DEFINED 0128 75000
ITT HARTFORD GRP COM 45068H106 29288 550000 SH DEFINED 0113 550000
ITT HARTFORD GRP COM 45068H106 22631 425000 SH DEFINED 0131 425000
ITT HARTFORD GRP COM 45068H106 1663 31224 SH DEFINED 0103 31224
ITT INDUSTRIES-WI COM 450911102 346 13770 SH DEFINED 0103 13770
ITT INDUSTRIES-WI COM 450911102 5904 235000 SH DEFINED 01 235000
ITT CORP-WI COM 450912100 909 13718 SH DEFINED 0103 13718
IFINT DVSD HLDGS COM 45099C100 891 42418 SH DEFINED 0109 42418
IDEON GRP INC COM COM 45167P108 131 9700 SH DEFINED 0124 9700
IDEXX LABS INC COM 45168D104 15700 400000 SH DEFINED 0111 400000
IDEXX LABS INC COM 45168D104 432 11000 SH DEFINED 0124 11000
IDEXX LABS INC COM 45168D104 45937 1170400 SH DEFINED 0102 1170400
IDEXX LABS INC COM 45168D104 18926 482200 SH DEFINED 0131 482200
IDEXX LABS INC COM 45168D104 2179 55500 SH DEFINED 0103 55500
IL CENTRAL TRANS COM 451841100 3334 117500 SH DEFINED 01 117500
IL PWR SER A PREFERRED STOCK 452092851 2321 55250 SH DEFINED 01 55250
ILLINOIS TOOL WORKS COM 452308109 33542 496000 SH DEFINED 0130 496000
ILLINOIS TOOL WORKS COM 452308109 13525 200000 SH DEFINED 0108 200000
ILLINOIS TOOL WORKS COM 452308109 27050 400000 SH DEFINED 0126 400000
ILLINOIS TOOL WORKS COM 452308109 27050 400000 SH DEFINED 011618 400000
ILLINOIS TOOL WORKS COM 452308109 135033 1996664 SH DEFINED 0102 1996664
ILLINOIS TOOL WORKS COM 452308109 1675 24768 SH DEFINED 0103 24768
ILLINOIS TOOL WORKS COM 452308109 1150 17000 SH DEFINED 01 17000
IMMULOGIC PHARMACEUT COM 45252R100 115 12557 SH DEFINED 0103 12557
IMMUNOMEDICS INC COM 452907108 2081 225000 SH DEFINED 011619 225000
INCO LIMITED COM 453258402 446 13834 SH DEFINED 0103 13834
<PAGE> PAGE 39
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
INCYTE PHARMACEUTICA COM 45337C102 2507 65000 SH DEFINED 011619 65000
INDIA FUND INC COM 454089103 2200 237800 SH DEFINED 0112 237800
INDIA FUND INC COM 454089103 3238 350000 SH DEFINED 011617 350000
INFINITY BROADCASTNG COM 456626100 27000 900000 SH DEFINED 0126 900000
INFINITY BROADCASTNG COM 456626100 2850 95000 SH DEFINED 011619 95000
INFINITY BROADCASTNG COM 456626100 15000 500000 SH DEFINED 011614 500000
INFINITY BROADCASTNG COM 456626100 33708 1123492 SH DEFINED 0102 1123492
INFINITY BROADCASTNG COM 456626100 6024 200800 SH DEFINED 0131 200800
INFINITY BROADCASTNG COM 456626100 1237 41232 SH DEFINED 0103 41232
INFORMIX CORP COM 456779107 9563 425000 SH DEFINED 0106 425000
INFORMIX CORP COM 456779107 3150 140000 SH DEFINED 01 140000
INFOSEEK COM 45678M107 5000 500000 SH DEFINED 011516 500000
INGERSOLL-RAND CO COM 456866102 558 12760 SH DEFINED 0103 12760
INLAND STEEL IND INC COM 457472108 113 5768 SH DEFINED 0103 5768
INPUT/OUTPUT INC COM 457652105 6475 200000 SH DEFINED 0106 200000
INPUT/OUTPUT INC COM 457652105 321 9900 SH DEFINED 0124 9900
INPUT/OUTPUT INC COM 457652105 2266 70000 SH DEFINED 011620 70000
INPUT/OUTPUT INC COM 457652105 14190 438350 SH DEFINED 0102 438350
INPUT/OUTPUT INC COM 457652105 5853 180800 SH DEFINED 0131 180800
INPUT/OUTPUT INC COM 457652105 541 16700 SH DEFINED 0103 16700
INSITUFORM TECH INC COM 457667103 67 8600 SH DEFINED 0124 8600
INSO CORP COM 457674109 1571 30000 SH DEFINED 011619 30000
INSURANCE AUTO AUCTS COM 457875102 2500 250000 SH DEFINED 011516 250000
INTEGRATED HEALTH S COM 45812C106 214 9000 SH DEFINED 0124 9000
INTEL COM 458140100 22031 300000 SH DEFINED 0130 300000
INTEL COM 458140100 220313 3000000 SH DEFINED 0126 3000000
INTEL COM 458140100 29375 400000 SH DEFINED 0111 400000
INTEL COM 458140100 21480 292500 SH DEFINED 0124 292500
INTEL COM 458140100 5787 78800 SH DEFINED 0125 78800
INTEL COM 458140100 4406 60000 SH DEFINED 011622 60000
INTEL COM 458140100 9180 125000 SH DEFINED 011623 125000
INTEL COM 458140100 34516 470000 SH DEFINED 011618 470000
INTEL COM 458140100 2423 33000 SH DEFINED 011620 33000
INTEL COM 458140100 235366 3204914 SH DEFINED 0102 3204914
INTEL COM 458140100 10753 146445 SH DEFINED 0103 146445
INTEL COM 458140100 20122 274000 SH DEFINED 01 274000
INTER-REGL FINL GRP COM 458351103 16 600 SH DEFINED 0124 600
INTERIM COM 45868P100 176 4100 SH DEFINED 0124 4100
INTERGRAPH CORP COM 458683109 66 5462 SH DEFINED 0103 5462
INTERMEDIA COMM FL COM 458801107 6450 200000 SH DEFINED 0106 200000
INTERMEDIA COMM FL COM 458801107 10965 340000 SH DEFINED 011614 340000
INTERMEDIA COMM FL COM 458801107 2032 63000 SH DEFINED 01 63000
INTERMEDIA COM WTS WARRANT 458801115 910 22750 SH DEFINED 0109 22750
INTERMET CORP COM 45881K104 66 4700 SH DEFINED 0124 4700
INTL BUSINESS MACH COM 459200101 29700 300000 SH DEFINED 0113 300000
INTL BUSINESS MACH COM 459200101 1188 12000 SH DEFINED 011620 12000
INTL BUSINESS MACH COM 459200101 22275 225000 SH DEFINED 0131 225000
INTL BUSINESS MACH COM 459200101 7348 74219 SH DEFINED 0103 74219
INT'L CABLETEL INC CONV BOND 459216AB3 17328 14500000 PRN DEFINED 0124 14500000
INTL FAMILY ENTER COM 45950M106 113 6100 SH DEFINED 0124 6100
<PAGE> PAGE 40
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
INTL FLAVORS & FRAG COM 459506101 619 13001 SH DEFINED 0103 13001
INTL IMAGING MAT COM 45968C108 5997 252500 SH DEFINED 0128 252500
INTL IMAGING MAT COM 45968C108 2375 100000 SH DEFINED 011619 100000
INTL GAME TECHNOLOGY COM 459902102 43284 2565000 SH DEFINED 011516 2565000
INTL GAME TECHNOLOGY COM 459902102 2447 145000 SH DEFINED 011619 145000
INTL GAME TECHNOLOGY COM 459902102 10125 600000 SH DEFINED 011614 600000
INTERNATIONAL PAPER COM 460146103 2685 72800 SH DEFINED 0124 72800
INTERNATIONAL PAPER COM 460146103 841 22800 SH DEFINED 0125 22800
INTERNATIONAL PAPER COM 460146103 10141 275000 SH DEFINED 0107 275000
INTERNATIONAL PAPER COM 460146103 22125 600000 SH DEFINED 011516 600000
INTERNATIONAL PAPER COM 460146103 37977 1029790 SH DEFINED 0102 1029790
INTERNATIONAL PAPER COM 460146103 1981 53695 SH DEFINED 0103 53695
INTERNATIONAL PAPER COM 460146103 8814 239000 SH DEFINED 01 239000
INTL RECTIFIER CORP COM 460254105 289 17900 SH DEFINED 0124 17900
INTERPUBLIC GROUP COM 460690100 434 9258 SH DEFINED 0103 9258
INTERSTATE BAKERIES COM 46072H108 70 2600 SH DEFINED 0124 2600
INTERVOICE INC COM 461142101 50 2500 SH DEFINED 0124 2500
INTIMATE BRANDS COM 461156101 18300 800000 SH DEFINED 0130 800000
INTIMATE BRANDS COM 461156101 4266 186500 SH DEFINED 0113 186500
INTIMATE BRANDS COM 461156101 11552 505000 SH DEFINED 0107 505000
INTUIT COM 461202103 9450 200000 SH DEFINED 0111 200000
INTUIT COM 461202103 1890 40000 SH DEFINED 011622 40000
INTUIT COM 461202103 4253 90000 SH DEFINED 011623 90000
INTUIT COM 461202103 27169 575000 SH DEFINED 011516 575000
INVACARE CORP COM 461203101 141 6000 SH DEFINED 0124 6000
IONICS COM 462218108 254 5400 SH DEFINED 0124 5400
ITRON INC COM 465741106 94 3300 SH DEFINED 0124 3300
ITRON INC COM 465741106 511 18000 SH DEFINED 011620 18000
IVAX COM 465823102 34131 2150000 SH DEFINED 011516 2150000
JSB FINANCIAL INC COM 46624M100 99 3000 SH DEFINED 0124 3000
JAMES RIVER COM 470349101 9738 369200 SH DEFINED 0124 369200
JAMES RIVER COM 470349101 3674 139300 SH DEFINED 0125 139300
JAMES RIVER COM 470349101 18463 700000 SH DEFINED 011516 700000
JAMES RIVER COM 470349101 1873 71000 SH DEFINED 011620 71000
JAMES RIVER COM 470349101 10999 417000 SH DEFINED 0102 417000
JAMES RIVER COM 470349101 1043 39531 SH DEFINED 0103 39531
JAMES RIVER SRP17.25 CONV PFD STOCK 470349887 7323 290000 SH DEFINED 0107 290000
JAN BELL WARRANTS WARRANT 470760117 0 2473 SH DEFINED 0131 2473
JEFFERSON PILOT COM 475070108 435 8428 SH DEFINED 0103 8428
JOHN NUVEEN COM 478035108 1647 66197 SH DEFINED 0103 66197
JOHNSON & JOHNSON COM 478160104 34650 700000 SH DEFINED 0130 700000
JOHNSON & JOHNSON COM 478160104 178200 3600000 SH DEFINED 0126 3600000
JOHNSON & JOHNSON COM 478160104 34650 700000 SH DEFINED 0111 700000
JOHNSON & JOHNSON COM 478160104 39402 796000 SH DEFINED 0124 796000
JOHNSON & JOHNSON COM 478160104 14994 302900 SH DEFINED 0125 302900
JOHNSON & JOHNSON COM 478160104 3960 80000 SH DEFINED 011622 80000
JOHNSON & JOHNSON COM 478160104 8415 170000 SH DEFINED 011623 170000
JOHNSON & JOHNSON COM 478160104 2247 45400 SH DEFINED 011620 45400
JOHNSON & JOHNSON COM 478160104 213180 4306807 SH DEFINED 0102 4306807
JOHNSON & JOHNSON COM 478160104 11989 242192 SH DEFINED 0103 242192
<PAGE> PAGE 41
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
JOHNSON & JOHNSON COM 478160104 21731 439000 SH DEFINED 01 173000 266000
JOHNSON CONTROLS COM 478366107 338 4867 SH DEFINED 0103 4867
JONES APPAREL GROUP COM 480074103 3439 70000 SH DEFINED 0108 70000
JOSTENS A. INC. COM 481088102 90 4560 SH DEFINED 0103 4560
JUNO LIGHTING INC COM 482047107 34 2000 SH DEFINED 0124 2000
K-MART CORPORATION COM 482584109 7425 600000 SH DEFINED 0108 600000
K-MART CORPORATION COM 482584109 49500 4000000 SH DEFINED 011516 4000000
K-MART CORPORATION COM 482584109 34668 2801410 SH DEFINED 0102 2801410
K-MART CORPORATION COM 482584109 776 62725 SH DEFINED 0103 62725
KN ENERGY COM 482620101 7538 225000 SH DEFINED 0132 225000
K2 INC COM 482732104 76 2800 SH DEFINED 0124 2800
KAISER ALUM PRIDE PREFERRED STOCK 483007407 2922 275000 SH DEFINED 0132 275000
KASH & KARRY FOOD COM 48577P106 3889 149570 SH DEFINED 0104 149570
KASH & KARRY FOOD COM 48577P106 21383 822430 SH DEFINED 0109 822430
KAUFMAN & BROAD HOME COM 486168107 67 4612 SH DEFINED 0103 4612
KAYDON CORP COM 486587108 5590 130000 SH DEFINED 0128 130000
KEANE INC COM 486665102 173 4700 SH DEFINED 0124 4700
KELLEY OIL & GAS CVT CONV BOND 487736AB6 743 900000 PRN DEFINED 011620 900000
KELLOGG CO. COM 487836108 1824 24902 SH DEFINED 0103 24902
KELLEY OIL & GAS $25 PREFERRED STOCK 487906208 2225 100000 SH DEFINED 0109 100000
KELLWOOD COM 488044108 61 3300 SH DEFINED 0124 3300
KEMET CORP COM 488360108 180 9000 SH DEFINED 0124 9000
KENETECH PRIDE 20.25 CONV PFD STOCK 488878307 62 64000 SH DEFINED 01 64000
KENT ELECTRONICS COM 490553104 184 5900 SH DEFINED 0124 5900
KERR MCGEE COM 492386107 357 5865 SH DEFINED 0103 5865
KEYCORP NEW COM 493267108 23250 600000 SH DEFINED 0130 600000
KEYCORP NEW COM 493267108 6812 175800 SH DEFINED 0124 175800
KEYCORP NEW COM 493267108 2682 69200 SH DEFINED 0125 69200
KEYCORP NEW COM 493267108 16081 415000 SH DEFINED 0107 415000
KEYCORP NEW COM 493267108 344 8900 SH DEFINED 0102 8900
KEYCORP NEW COM 493267108 19375 500000 SH DEFINED 0131 500000
KEYCORP NEW COM 493267108 2486 64154 SH DEFINED 0103 64154
KEYSTONE FINL INC COM 493482103 168 5000 SH DEFINED 0124 5000
KIMBERLY CLARK COM 494368103 38625 500000 SH DEFINED 0130 500000
KIMBERLY CLARK COM 494368103 27038 350000 SH DEFINED 0126 350000
KIMBERLY CLARK COM 494368103 36694 475000 SH DEFINED 0113 475000
KIMBERLY CLARK COM 494368103 4473 57900 SH DEFINED 0124 57900
KIMBERLY CLARK COM 494368103 1607 20800 SH DEFINED 0125 20800
KIMBERLY CLARK COM 494368103 13905 180000 SH DEFINED 0107 180000
KIMBERLY CLARK COM 494368103 47895 620000 SH DEFINED 011516 620000
KIMBERLY CLARK COM 494368103 30900 400000 SH DEFINED 011618 400000
KIMBERLY CLARK COM 494368103 1854 24000 SH DEFINED 011620 24000
KIMBERLY CLARK COM 494368103 232151 3005225 SH DEFINED 0102 3005225
KIMBERLY CLARK COM 494368103 25106 325000 SH DEFINED 0131 325000
KIMBERLY CLARK COM 494368103 5419 70151 SH DEFINED 0103 70151
KIMBERLY CLARK COM 494368103 21280 275470 SH DEFINED 01 275470
KINGWORLD PRODUCTION COM 495667107 159 4367 SH DEFINED 0103 4367
KIRBY CORP COM 497266106 69 4100 SH DEFINED 0124 4100
KNIGHT-RIDDER INC. COM 499040103 25375 350000 SH DEFINED 0113 350000
KNIGHT-RIDDER INC. COM 499040103 416 5741 SH DEFINED 0103 5741
<PAGE> PAGE 42
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
KOHLS CORP COM 500255104 9156 250000 SH DEFINED 0108 250000
KOHLS CORP COM 500255104 3077 84000 SH DEFINED 011619 84000
KOHLS CORP COM 500255104 1172 32000 SH DEFINED 011620 32000
KOHLS CORP COM 500255104 10988 300000 SH DEFINED 011614 300000
KOHLS CORP COM 500255104 1086 29680 SH DEFINED 0102 29680
KOHLS CORP COM 500255104 9032 246600 SH DEFINED 0131 246600
KOHLS CORP COM 500255104 410 11200 SH DEFINED 0103 11200
KOMAG COM 500453105 446 16900 SH DEFINED 0124 16900
KEPCO ADR COM 500631106 5820 240000 SH DEFINED 0112 240000
KEPCO ADR COM 500631106 7275 300000 SH DEFINED 011617 300000
KROGER CO. COM 501044101 19750 500000 SH DEFINED 0126 500000
KROGER CO. COM 501044101 13651 345600 SH DEFINED 0124 345600
KROGER CO. COM 501044101 4586 116100 SH DEFINED 0125 116100
KROGER CO. COM 501044101 15800 400000 SH DEFINED 011618 400000
KROGER CO. COM 501044101 122727 3106610 SH DEFINED 0102 3106610
KROGER CO. COM 501044101 2260 57234 SH DEFINED 0103 57234
KROGER CO. COM 501044101 5115 129500 SH DEFINED 01 129500
KRONOS INC COM 501052104 7100 200000 SH DEFINED 0106 200000
KUHLMAN COM 501206106 66 3800 SH DEFINED 0124 3800
LCI INTL COM 501813109 16149 514700 SH DEFINED 0102 514700
LCI INTL COM 501813109 9243 294600 SH DEFINED 0131 294600
LCI INTL COM 501813109 767 24450 SH DEFINED 0103 24450
LG AND E ENERGY CORP COM 501917108 4118 180000 SH DEFINED 0128 180000
LG AND E ENERGY CORP COM 501917108 9836 430000 SH DEFINED 0132 430000
LTV CORP NEW COM 501921100 4461 392159 SH DEFINED 01 392159
LSI LOGIC COM 502161102 6417 246800 SH DEFINED 0124 246800
LSI LOGIC COM 502161102 1240 47700 SH DEFINED 0125 47700
LSI LOGIC COM 502161102 15126 581800 SH DEFINED 0102 581800
LSI LOGIC COM 502161102 585 22525 SH DEFINED 0103 22525
LSI LOGIC COM 502161102 4577 176030 SH DEFINED 01 176030
LTC PROPERTIES COM 502175102 5775 350000 SH DEFINED 0113 350000
LTC PROPERTIES COM 502175102 4950 300000 SH DEFINED 0132 300000
LTC PROPERTIES COM 502175102 4043 245000 SH DEFINED 0107 245000
LA QUINTA INNS INC COM 504195108 1206 36000 SH DEFINED 011620 36000
LA-Z-BOY CHAIR CO COM 505336107 54 1800 SH DEFINED 0124 1800
LADY LUCK GAMING COR COM 505820100 800 200000 SH DEFINED 0109 200000
LAIDLAW INC COM 50730K206 349 34428 SH DEFINED 0103 34428
LANCASTER COLONY COR COM 513847103 8409 225000 SH DEFINED 0128 225000
LANDMARK GRAPHICS CO COM 514913102 58 3000 SH DEFINED 0124 3000
LANDS END INC COM 515086106 7425 300000 SH DEFINED 0108 300000
LANDS END INC COM 515086106 7425 300000 SH DEFINED 0128 300000
LANDS END INC COM 515086106 63 2534 SH DEFINED 0103 2534
LANDSTAR SYSTEM INC COM 515098101 7250 250000 SH DEFINED 0106 250000
LANDSTAR SYSTEM INC COM 515098101 191 6600 SH DEFINED 0124 6600
LANDSTAR SYSTEM INC COM 515098101 5800 200000 SH DEFINED 011614 200000
LASALLE NATL $50 PREFERRED STOCK 5180283*4 8100 150000 SH DEFINED 01 150000
LASALLE NATL $50 PREFERRED STOCK 5180283*4 3240 60000 SH DEFINED 0116 60000
LATTICE SEMICONDUCTR COM 518415104 4222 175000 SH DEFINED 0128 175000
LATTICE SEMICONDUCTR COM 518415104 9047 375000 SH DEFINED 0106 375000
LATTICE SEMICONDUCTR COM 518415104 188 7800 SH DEFINED 0124 7800
<PAGE> PAGE 43
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
LATTICE SEMICONDUCTR COM 518415104 1423 59000 SH DEFINED 01 59000
LAYNE INCORPORATED COM 521050104 246 18894 SH DEFINED 0103 18894
LEGG MASON INC COM 524901105 255 7900 SH DEFINED 0124 7900
LENNAR CORP COM 526057104 7500 300000 SH DEFINED 0108 300000
LEVEL ONE COM 527295109 7900 400000 SH DEFINED 0106 400000
LIBBEY COM 529898108 4423 159400 SH DEFINED 0128 159400
LIBERTY BANCORP INC COM 530175108 50 1400 SH DEFINED 0124 1400
LIB LIFE IN CVT 144A CONV BOND 531596AA2 8385 6000000 PRN DEFINED 0135 6000000
LIFE PARTNERS GP I COM 532157104 312 13700 SH DEFINED 0124 13700
LIFE RE CORP COM 532160108 99 3200 SH DEFINED 0124 3200
LIFE TECHNOLOGIES IN COM 532177201 1855 58900 SH DEFINED 0128 58900
ELI LILLY COM 532457108 917 14100 SH DEFINED 0124 14100
ELI LILLY COM 532457108 28241 434300 SH DEFINED 0102 434300
ELI LILLY COM 532457108 4969 76437 SH DEFINED 0103 76437
ELI LILLY COM 532457108 1625 25000 SH DEFINED 01 25000
LILLY INDS INC -CL COM 532491107 88 5200 SH DEFINED 0124 5200
THE LIMITED INC COM 532716107 21500 1000000 SH DEFINED 0113 1000000
THE LIMITED INC COM 532716107 16125 750000 SH DEFINED 0131 750000
THE LIMITED INC COM 532716107 1327 61709 SH DEFINED 0103 61709
LINCARE HOLDINGS INC COM 532791100 298 7600 SH DEFINED 0124 7600
LINCOLN NAT COM 534187109 25438 550000 SH DEFINED 0113 550000
LINCOLN NAT COM 534187109 11794 255000 SH DEFINED 0107 255000
LINCOLN NAT COM 534187109 563 12179 SH DEFINED 0103 12179
LINEAR TECHNOLOGY COM 535678106 0 1 SH DEFINED 0102 1
LIPOSOME COMPANY INC COM 536310105 111 5900 SH DEFINED 0124 5900
LITTON INDUSTRIES COM 538021106 19140 440000 SH DEFINED 011618 440000
LIVING CENTERS OF AM COM 538388109 5500 160000 SH DEFINED 0128 160000
LIVING CENTERS OF AM COM 538388109 186 5400 SH DEFINED 0124 5400
LIZ CLAIBORNE COM 539320101 8995 259785 SH DEFINED 0103 259785
LOCKHEED MARTIN CORP COM 539830109 25200 300000 SH DEFINED 0130 300000
LOCKHEED MARTIN CORP COM 539830109 84000 1000000 SH DEFINED 0126 1000000
LOCKHEED MARTIN CORP COM 539830109 1344 16000 SH DEFINED 0124 16000
LOCKHEED MARTIN CORP COM 539830109 386 4600 SH DEFINED 0125 4600
LOCKHEED MARTIN CORP COM 539830109 2520 30000 SH DEFINED 011620 30000
LOCKHEED MARTIN CORP COM 539830109 9584 114155 SH DEFINED 0102 114155
LOCKHEED MARTIN CORP COM 539830109 2111 25129 SH DEFINED 0103 25129
LOCKHEED MARTIN CORP COM 539830109 6888 82000 SH DEFINED 01 82000
LOCTITE CORP COM 540137106 0 1 SH DEFINED 0102 1
LOEWS CORP COM 540424108 1089 13804 SH DEFINED 0103 13804
LOGANS ROADHOUSE INC COM 541198107 1875 100000 SH DEFINED 011619 100000
LOJAS ARAPUA ADR COM 541462107 5353 500000 SH DEFINED 0135 500000
LONGTERM CAPITAL LTD COM 542900998 37041 25000 SH DEFINED 0116 25000
LONGS DRUG STORES COM 543162101 105 2358 SH DEFINED 0103 2358
LONGVIEW FIBRE WASH COM 543213102 5100 300000 SH DEFINED 0128 300000
LOUISIANA LAND/EXP COM 546268103 228 3959 SH DEFINED 0103 3959
LOUISIANA PAC. COM 546347105 2376 107400 SH DEFINED 0124 107400
LOUISIANA PAC. COM 546347105 639 28900 SH DEFINED 0125 28900
LOUISIANA PAC. COM 546347105 117 5300 SH DEFINED 0102 5300
LOUISIANA PAC. COM 546347105 437 19750 SH DEFINED 0103 19750
LOWE'S CO'S COM 548661107 5419 150000 SH DEFINED 0124 150000
<PAGE> PAGE 44
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
LOWE'S CO'S COM 548661107 3067 84900 SH DEFINED 0125 84900
LOWE'S CO'S COM 548661107 2348 65000 SH DEFINED 011619 65000
LOWE'S CO'S COM 548661107 9934 275000 SH DEFINED 011614 275000
LOWE'S CO'S COM 548661107 19479 539261 SH DEFINED 0102 539261
LOWE'S CO'S COM 548661107 3132 86700 SH DEFINED 0131 86700
LOWE'S CO'S COM 548661107 1517 42035 SH DEFINED 0103 42035
LUBRIZOL CORP COM 549271104 25819 850000 SH DEFINED 0113 850000
LUBRIZOL CORP COM 549271104 26 840 SH DEFINED 0102 840
LUBRIZOL CORP COM 549271104 15947 525000 SH DEFINED 0131 525000
LUBRIZOL CORP COM 549271104 911 30000 SH DEFINED 0103 30000
LUBY'S CAFETERIES COM 549282101 2207 93900 SH DEFINED 0124 93900
LUBY'S CAFETERIES COM 549282101 595 25300 SH DEFINED 0125 25300
LUBY'S CAFETERIES COM 549282101 158 6700 SH DEFINED 0102 6700
LUBY'S CAFETERIES COM 549282101 244 10366 SH DEFINED 0103 10366
LYDALL INC COM 550819106 165 7500 SH DEFINED 0124 7500
MBNA COM 55262L100 42750 1500000 SH DEFINED 0126 1500000
MBNA COM 55262L100 28500 1000000 SH DEFINED 0111 1000000
MBNA COM 55262L100 10688 375000 SH DEFINED 011618 375000
MBNA COM 55262L100 2337 82000 SH DEFINED 011619 82000
MBNA COM 55262L100 9975 350000 SH DEFINED 011614 350000
MBNA COM 55262L100 112 3900 SH DEFINED 0102 3900
MBNA COM 55262L100 6169 216450 SH DEFINED 0131 216450
MBNA COM 55262L100 1273 44680 SH DEFINED 0103 44680
MCN CORP COM 55267J100 2004 82200 SH DEFINED 0132 82200
MCN FINANCING $23 PREFERRED STOCK 55267J209 5559 218000 SH DEFINED 0132 218000
MCI COMMUNICATIONS COM 552673105 9653 376700 SH DEFINED 0124 376700
MCI COMMUNICATIONS COM 552673105 4320 168600 SH DEFINED 0125 168600
MCI COMMUNICATIONS COM 552673105 3209 125246 SH DEFINED 0102 125246
MCI COMMUNICATIONS COM 552673105 2909 113500 SH DEFINED 0103 113500
MCI COMMUNICATIONS COM 552673105 1538 60000 SH DEFINED 01 60000
MDU RESOURCES GROUP COM 552690109 5644 262500 SH DEFINED 0132 262500
MEMC ELECTRONIC MAT COM 552715104 3875 100000 SH DEFINED 0128 100000
MEMC ELECTRONIC MAT COM 552715104 23250 600000 SH DEFINED 0111 600000
MEMC ELECTRONIC MAT COM 552715104 5813 150000 SH DEFINED 0135 150000
MEMC ELECTRONIC MAT COM 552715104 4166 107500 SH DEFINED 011622 107500
MEMC ELECTRONIC MAT COM 552715104 10021 258600 SH DEFINED 011623 258600
MEMC ELECTRONIC MAT COM 552715104 5309 137000 SH DEFINED 011614 137000
MEMC ELECTRONIC MAT COM 552715104 234 6000 SH DEFINED 0102 6000
MEMC ELECTRONIC MAT COM 552715104 2724 70300 SH DEFINED 01 70300
MFS COMM COM 55272T101 26338 700000 SH DEFINED 0126 700000
MFS COMM COM 55272T101 60200 1600000 SH DEFINED 0111 1600000
MFS COMM COM 55272T101 7525 200000 SH DEFINED 011622 200000
MFS COMM COM 55272T101 16931 450000 SH DEFINED 011623 450000
MFS COMM COM 55272T101 16156 429400 SH DEFINED 0102 429400
MFS COMM COM 55272T101 7931 210800 SH DEFINED 0131 210800
MFS COMM COM 55272T101 858 22800 SH DEFINED 0103 22800
MFS COMM COM 55272T101 5456 145000 SH DEFINED 01 145000
MFS COMMUNICATION CONV PFD STOCK 55272T200 8890 140000 SH DEFINED 0132 140000
MGIC INVESTMENT CORP COM 552848103 22450 400000 SH DEFINED 011516 400000
MGIC INVESTMENT CORP COM 552848103 393 7000 SH DEFINED 0102 7000
<PAGE> PAGE 45
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
*MAFCO CONSOLIDATED COM 559025101 2985 120000 SH DEFINED 0128 120000
MAGELLAN HEALTH SVS COM 559079108 232 10800 SH DEFINED 0124 10800
MAGNA GROUP INC COM 559214101 247 10300 SH DEFINED 0124 10300
MAGNA INTL COM 559222401 2774 60300 SH DEFINED 011622 60300
MAGNA INTL COM 559222401 6159 133900 SH DEFINED 011623 133900
MAHINDRA & MAHINDRA COM 559832100 985 89500 SH DEFINED 0135 89500
MAINSTREET BANKGROUP COM 560633109 144 8860 SH DEFINED 0102 8860
MALAN REALTY INV CVT CONV BOND 561063AA6 4474 4850000 PRN DEFINED 0104 4850000
MALAN REALTY INV CVT CONV BOND 561063AA6 2537 2750000 PRN DEFINED 0109 2750000
MALAN REALTY INV CVT CONV BOND 561063AA6 2537 2750000 PRN DEFINED 011621 2750000
MALLINCKRODT GROUP COM 561226101 338 8682 SH DEFINED 0103 8682
MANOR CARE INC COM 564054104 19688 500000 SH DEFINED 011618 500000
MANOR CARE INC COM 564054104 291 7398 SH DEFINED 0103 7398
MANPOWER INC-WIS COM 56418H100 7850 200000 SH DEFINED 0111 200000
MANPOWER INC-WIS COM 56418H100 2689 68500 SH DEFINED 011622 68500
MANPOWER INC-WIS COM 56418H100 5923 150900 SH DEFINED 011623 150900
MANPOWER INC-WIS COM 56418H100 963 24582 SH DEFINED 0102 24582
MANPOWER INC-WIS COM 56418H100 6928 176500 SH DEFINED 0131 176500
MANPOWER INC-WIS COM 56418H100 298 7600 SH DEFINED 0103 7600
MANUGISTICS GROUP IN COM 565011103 4816 283300 SH DEFINED 0108 283300
MARINE DRILLING CO I COM 568240204 2329 230000 SH DEFINED 011619 230000
MARINE DRILLING CO I COM 568240204 10125 1000000 SH DEFINED 011614 1000000
MARINER HEALTH GROUP COM 56845J109 178 9700 SH DEFINED 0124 9700
MARSH MCLENNAN CO COM 571748102 28950 300000 SH DEFINED 0113 300000
MARSH MCLENNAN CO COM 571748102 11098 115000 SH DEFINED 0107 115000
MARSH MCLENNAN CO COM 571748102 19300 200000 SH DEFINED 0131 200000
MARSH MCLENNAN CO COM 571748102 1691 17523 SH DEFINED 0103 17523
MARRIOTT INTERNATION COM 571900109 78545 1461300 SH DEFINED 0126 1461300
MARRIOTT INTERNATION COM 571900109 29563 550000 SH DEFINED 0111 550000
MARRIOTT INTERNATION COM 571900109 1484 27600 SH DEFINED 0124 27600
MARRIOTT INTERNATION COM 571900109 183 3400 SH DEFINED 0125 3400
MARRIOTT INTERNATION COM 571900109 2462 45800 SH DEFINED 011619 45800
MARRIOTT INTERNATION COM 571900109 10917 203100 SH DEFINED 011614 203100
MARRIOTT INTERNATION COM 571900109 854 15900 SH DEFINED 0102 15900
MARRIOTT INTERNATION COM 571900109 896 16669 SH DEFINED 0103 16669
MARSHALL INDUSTRIES COM 572393106 76 2700 SH DEFINED 0124 2700
MARTIN MARIETTA COM 573284106 10913 450000 SH DEFINED 0108 450000
MARTIN MARIETTA COM 573284106 6322 260700 SH DEFINED 0128 260700
MARVEL ENTERTAINMENT COM 573913100 22500 2400000 SH DEFINED 011516 2400000
MASCO CORP COM 574599106 2971 98200 SH DEFINED 0124 98200
MASCO CORP COM 574599106 992 32800 SH DEFINED 0125 32800
MASCO CORP COM 574599106 212 7000 SH DEFINED 0102 7000
MASCO CORP COM 574599106 778 25714 SH DEFINED 0103 25714
MASCOTECH INC CONV BOND 574670AB1 5168 6500000 PRN DEFINED 0104 6500000
MASCOTECH INC CONV BOND 574670AB1 2783 3500000 PRN DEFINED 011621 3500000
MASCOTECH 6% $1.20 CONV PFD STOCK 574670303 4206 280400 SH DEFINED 0130 280400
MATTEL INC. COM 577081102 24331 850000 SH DEFINED 0126 850000
MATTEL INC. COM 577081102 34350 1200000 SH DEFINED 0111 1200000
MATTEL INC. COM 577081102 447 15625 SH DEFINED 0124 15625
MATTEL INC. COM 577081102 175 6100 SH DEFINED 0125 6100
<PAGE> PAGE 46
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
MATTEL INC. COM 577081102 6083 212500 SH DEFINED 011622 212500
MATTEL INC. COM 577081102 12881 450000 SH DEFINED 011623 450000
MATTEL INC. COM 577081102 378 13200 SH DEFINED 011619 13200
MATTEL INC. COM 577081102 1881 65700 SH DEFINED 011614 65700
MATTEL INC. COM 577081102 789 27563 SH DEFINED 0102 27563
MATTEL INC. COM 577081102 1044 36479 SH DEFINED 0103 36479
MATTEL INC. COM 577081102 7156 250000 SH DEFINED 01 250000
MAXIM INTEGRATED COM 57772K101 27313 1000000 SH DEFINED 0111 1000000
MAXIM INTEGRATED COM 57772K101 1912 70000 SH DEFINED 011622 70000
MAXIM INTEGRATED COM 57772K101 4370 160000 SH DEFINED 011623 160000
MAXIM INTEGRATED COM 57772K101 7728 282900 SH DEFINED 0102 282900
MAXIM INTEGRATED COM 57772K101 238 8700 SH DEFINED 0103 8700
MAY DEPT STORES COM 577778103 8750 200000 SH DEFINED 0130 200000
MAY DEPT STORES COM 577778103 30625 700000 SH DEFINED 0113 700000
MAY DEPT STORES COM 577778103 1964 44900 SH DEFINED 0124 44900
MAY DEPT STORES COM 577778103 1133 25900 SH DEFINED 0125 25900
MAY DEPT STORES COM 577778103 13125 300000 SH DEFINED 0107 300000
MAY DEPT STORES COM 577778103 2188 50000 SH DEFINED 011619 50000
MAY DEPT STORES COM 577778103 8750 200000 SH DEFINED 011614 200000
MAY DEPT STORES COM 577778103 289 6600 SH DEFINED 0102 6600
MAY DEPT STORES COM 577778103 21875 500000 SH DEFINED 0131 500000
MAY DEPT STORES COM 577778103 2658 60761 SH DEFINED 0103 60761
MAYTAG CO COM 578592107 16446 787850 SH DEFINED 0113 787850
MAYTAG CO COM 578592107 10521 504000 SH DEFINED 0131 504000
MAYTAG CO COM 578592107 659 31544 SH DEFINED 0103 31544
MCAFEE ASSOCIATES IN COM 579057100 8575 175000 SH DEFINED 0106 175000
MCDERMOTT INTL COM 580037109 1587 76000 SH DEFINED 011620 76000
MCDERMOTT INTL COM 580037109 282 13500 SH DEFINED 0102 13500
MCDERMOTT INTL COM 580037109 134 6441 SH DEFINED 0103 6441
MCDONALDS COM 580135101 93500 2000000 SH DEFINED 0126 2000000
MCDONALDS COM 580135101 3950 84500 SH DEFINED 011622 84500
MCDONALDS COM 580135101 8766 187500 SH DEFINED 011623 187500
MCDONALDS COM 580135101 18700 400000 SH DEFINED 011618 400000
MCDONALDS COM 580135101 30243 646875 SH DEFINED 0102 646875
MCDONALDS COM 580135101 4341 92865 SH DEFINED 0103 92865
MCDONNELL DOUGLASS COM 580169100 209 4300 SH DEFINED 0125 4300
MCDONNELL DOUGLASS COM 580169100 10 200 SH DEFINED 0102 200
MCDONNELL DOUGLASS COM 580169100 1299 26787 SH DEFINED 0103 26787
MCDONNELL DOUGLASS COM 580169100 4705 97000 SH DEFINED 01 97000
MCGRAW-HILL COS INC COM 580645109 22875 500000 SH DEFINED 0130 500000
MCGRAW-HILL COS INC COM 580645109 11438 250000 SH DEFINED 0108 250000
MCGRAW-HILL COS INC COM 580645109 25163 550000 SH DEFINED 0113 550000
MCGRAW-HILL COS INC COM 580645109 4868 106400 SH DEFINED 0124 106400
MCGRAW-HILL COS INC COM 580645109 1990 43500 SH DEFINED 0125 43500
MCGRAW-HILL COS INC COM 580645109 14183 310000 SH DEFINED 0107 310000
MCGRAW-HILL COS INC COM 580645109 357 7800 SH DEFINED 0102 7800
MCGRAW-HILL COS INC COM 580645109 22875 500000 SH DEFINED 0131 500000
MCGRAW-HILL COS INC COM 580645109 1950 42617 SH DEFINED 0103 42617
MEAD CORP COM 582834107 2194 42300 SH DEFINED 0124 42300
MEAD CORP COM 582834107 602 11600 SH DEFINED 0125 11600
<PAGE> PAGE 47
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
MEAD CORP COM 582834107 63 1200 SH DEFINED 0102 1200
MEAD CORP COM 582834107 440 8480 SH DEFINED 0103 8480
MEASUREX CORP COM 583432109 6581 225000 SH DEFINED 0106 225000
MEDEVA PLC -SPON AD COM 58410H203 315 20340 SH DEFINED 01 20340
MEDIMMUNE INC COM 584699102 94 5500 SH DEFINED 0124 5500
MEDQUIST INC COM 584949101 1813 100000 SH DEFINED 011619 100000
MEDITRUST COM 58501T108 16688 500000 SH DEFINED 0113 500000
MEDITRUST COM 58501T108 11681 350000 SH DEFINED 0131 350000
MEDTRONIC COM 585055106 22400 400000 SH DEFINED 0130 400000
MEDTRONIC COM 585055106 95200 1700000 SH DEFINED 0126 1700000
MEDTRONIC COM 585055106 33600 600000 SH DEFINED 0111 600000
MEDTRONIC COM 585055106 11872 212000 SH DEFINED 0124 212000
MEDTRONIC COM 585055106 4211 75200 SH DEFINED 0125 75200
MEDTRONIC COM 585055106 10080 180000 SH DEFINED 011622 180000
MEDTRONIC COM 585055106 22400 400000 SH DEFINED 011623 400000
MEDTRONIC COM 585055106 14000 250000 SH DEFINED 011618 250000
MEDTRONIC COM 585055106 99455 1776063 SH DEFINED 0102 1776063
MEDTRONIC COM 585055106 17438 311400 SH DEFINED 0131 311400
MEDTRONIC COM 585055106 4005 71515 SH DEFINED 0103 71515
MEDTRONIC COM 585055106 14560 260000 SH DEFINED 01 260000
MEDUSA CORP NEW COM 585072309 304 9800 SH DEFINED 0124 9800
MELLON BANK CORP COM 585509102 25650 450000 SH DEFINED 0113 450000
MELLON BANK CORP COM 585509102 5027 88200 SH DEFINED 0124 88200
MELLON BANK CORP COM 585509102 2423 42500 SH DEFINED 0125 42500
MELLON BANK CORP COM 585509102 16815 295000 SH DEFINED 0107 295000
MELLON BANK CORP COM 585509102 344 6000 SH DEFINED 0102 6000
MELLON BANK CORP COM 585509102 1471 25814 SH DEFINED 0103 25814
MELVILLE CORP COM 585745102 498 12308 SH DEFINED 0103 12308
MENS WEARHOUSE INC COM 587118100 1783 55285 SH DEFINED 0103 55285
MENTOR CORP MN COM 587188103 99 3900 SH DEFINED 0124 3900
MENTOR CORP MN COM 587188103 1913 75000 SH DEFINED 011619 75000
MENTOR CORP MN COM 587188103 8670 340000 SH DEFINED 011614 340000
MERCANTILE STORES COM 587533100 256 4366 SH DEFINED 0103 4366
MERCK COM 589331107 20520 317526 SH DEFINED 0130 317526
MERCK COM 589331107 9694 150000 SH DEFINED 0108 150000
MERCK COM 589331107 96938 1500000 SH DEFINED 0126 1500000
MERCK COM 589331107 34426 532700 SH DEFINED 0124 532700
MERCK COM 589331107 12828 198500 SH DEFINED 0125 198500
MERCK COM 589331107 29081 450000 SH DEFINED 011618 450000
MERCK COM 589331107 3167 49000 SH DEFINED 011620 49000
MERCK COM 589331107 193367 2992140 SH DEFINED 0102 2992140
MERCK COM 589331107 13126 203099 SH DEFINED 0103 203099
MERCK COM 589331107 10115 156516 SH DEFINED 01 156516
MERCURY GENERAL CORP COM 589400100 525 12000 SH DEFINED 0102 12000
MEREDITH CORP COM 589433101 136 3269 SH DEFINED 0103 3269
MERRILL LYNCH & CO COM 590188108 39075 600000 SH DEFINED 0111 600000
MERRILL LYNCH & CO COM 590188108 312 4800 SH DEFINED 0102 4800
MERRILL LYNCH & CO COM 590188108 1544 23711 SH DEFINED 0103 23711
MESA AIRLINES COM 590481107 80 6700 SH DEFINED 0124 6700
MESA AIRLINES COM 590481107 2138 180000 SH DEFINED 011619 180000
<PAGE> PAGE 48
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
MESA AIRLINES COM 590481107 4750 400000 SH DEFINED 011614 400000
METHANEX CORP COM 59151K108 1500 200000 SH DEFINED 011621 200000
METHODE ELEC COM 591520200 7225 425000 SH DEFINED 0106 425000
METHODE ELEC COM 591520200 1828 107500 SH DEFINED 01 107500
MICHAELS STORES INC COM 594087108 158 9300 SH DEFINED 0124 9300
MICROSOFT COM 594918104 144150 1200000 SH DEFINED 0126 1200000
MICROSOFT COM 594918104 24025 200000 SH DEFINED 0111 200000
MICROSOFT COM 594918104 12937 107700 SH DEFINED 0124 107700
MICROSOFT COM 594918104 5273 43900 SH DEFINED 0125 43900
MICROSOFT COM 594918104 4204 35000 SH DEFINED 011622 35000
MICROSOFT COM 594918104 9610 80000 SH DEFINED 011623 80000
MICROSOFT COM 594918104 27028 225000 SH DEFINED 011618 225000
MICROSOFT COM 594918104 92569 770709 SH DEFINED 0102 770709
MICROSOFT COM 594918104 8409 70000 SH DEFINED 0131 70000
MICROSOFT COM 594918104 10119 84232 SH DEFINED 0103 84232
MICROSOFT COM 594918104 11712 97500 SH DEFINED 01 97500
MICRO-CHIP COM 595017104 10890 440000 SH DEFINED 0106 440000
MICRO-CHIP COM 595017104 235 9500 SH DEFINED 0124 9500
MICRO-CHIP COM 595017104 30938 1250000 SH DEFINED 011516 1250000
MICRON TECHNOLOGY COM 595112103 628 24255 SH DEFINED 0103 24255
MICRO TOUCH COM 595145103 1800 100000 SH DEFINED 011619 100000
MID-AMERICA APT COM 59522J103 5380 212000 SH DEFINED 0107 212000
MIDAMERICAN ENERGY PREFERRED STOCK 595620204 7788 73300 SH DEFINED 0105 73300
MIDAMERICAN ENERGY PREFERRED STOCK 595620204 3719 35000 SH DEFINED 01 35000
MIDCOM COMMUNICATION COM 59563X102 3594 250000 SH DEFINED 0132 250000
HERMAN MILLER COM 600544100 6738 220000 SH DEFINED 0128 220000
MILLER INDUS COM 600551105 3092 108000 SH DEFINED 011619 108000
MILLER INDUS COM 600551105 12366 432000 SH DEFINED 011614 432000
MILLIPORE CORP COM 601073109 18844 450000 SH DEFINED 0106 450000
MILLIPORE CORP COM 601073109 221 5279 SH DEFINED 0103 5279
MN MINING & MFG CO COM 604059105 14835 215000 SH DEFINED 0107 215000
MN MINING & MFG CO COM 604059105 3379 48977 SH DEFINED 0103 48977
MN MINING & MFG CO COM 604059105 6866 99500 SH DEFINED 01 99500
MN P & L 144A $100 PREFERRED STOCK 6041103#1 4963 50000 SH DEFINED 0105 50000
MN P & L 144A $100 PREFERRED STOCK 6041103#1 2978 30000 SH DEFINED 01 30000
MN P&L 144A 6.70 PREFERRED STOCK 604110999 10025 100000 SH DEFINED 0105 100000
MIRAGE RESORTS INC COM 60462E104 54000 1000000 SH DEFINED 0126 1000000
MRS FIELDS COM 60650*990 605 20176717 SH DEFINED 0105 20176717
MOBIL COM 607059102 112125 1000000 SH DEFINED 0126 1000000
MOBIL COM 607059102 30834 275000 SH DEFINED 0113 275000
MOBIL COM 607059102 22425 200000 SH DEFINED 0111 200000
MOBIL COM 607059102 13455 120000 SH DEFINED 0107 120000
MOBIL COM 607059102 4485 40000 SH DEFINED 011622 40000
MOBIL COM 607059102 8970 80000 SH DEFINED 011623 80000
MOBIL COM 607059102 106237 947542 SH DEFINED 0102 947542
MOBIL COM 607059102 24107 215000 SH DEFINED 0131 215000
MOBIL COM 607059102 6347 56608 SH DEFINED 0103 56608
MOBIL COM 607059102 4485 40000 SH DEFINED 01 40000
MOHAWK INDUSTRIES COM 608190104 163 9200 SH DEFINED 0124 9200
MOLEX INC COM 608554101 27173 855813 SH DEFINED 0102 855813
<PAGE> PAGE 49
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
MOLEX INC CL A COM 608554200 29 975 SH DEFINED 0102 975
MONSANTO COMPANY COM 611662107 19500 600000 SH DEFINED 0130 600000
MONSANTO COMPANY COM 611662107 227500 7000000 SH DEFINED 0126 7000000
MONSANTO COMPANY COM 611662107 24375 750000 SH DEFINED 0111 750000
MONSANTO COMPANY COM 611662107 23871 734500 SH DEFINED 0124 734500
MONSANTO COMPANY COM 611662107 8733 268700 SH DEFINED 0125 268700
MONSANTO COMPANY COM 611662107 13666 420400 SH DEFINED 0102 420400
MONSANTO COMPANY COM 611662107 4228 130102 SH DEFINED 0103 130102
MONSANTO COMPANY COM 611662107 5525 170000 SH DEFINED 01 170000
MOORE CORP COM 615785102 45300 2400000 SH DEFINED 011516 2400000
MOORE CORP COM 615785102 220 11679 SH DEFINED 0103 11679
JP MORGAN & CO INC COM 616880100 16925 200000 SH DEFINED 0130 200000
JP MORGAN & CO INC COM 616880100 27503 325000 SH DEFINED 0113 325000
JP MORGAN & CO INC COM 616880100 17771 210000 SH DEFINED 0107 210000
JP MORGAN & CO INC COM 616880100 127 1500 SH DEFINED 0102 1500
JP MORGAN & CO INC COM 616880100 23272 275000 SH DEFINED 0131 275000
JP MORGAN & CO INC COM 616880100 3044 35968 SH DEFINED 0103 35968
JP MORGAN & CO INC COM 616880100 7786 92000 SH DEFINED 01 92000
JPMS-GANNETT MEDS CONV PFD STOCK 616880878 13850 200000 SH DEFINED 0107 200000
MORGAN STANLEY GROUP COM 617446109 7555 153800 SH DEFINED 0108 153800
MORGAN STANLEY GROUP COM 617446109 49125 1000000 SH DEFINED 0126 1000000
MORGAN STANLEY GROUP COM 617446109 2132 43400 SH DEFINED 0124 43400
MORGAN STANLEY GROUP COM 617446109 825 16800 SH DEFINED 0125 16800
MORGAN STANLEY GROUP COM 617446109 270 5500 SH DEFINED 0102 5500
MORGAN STANLEY GROUP COM 617446109 7629 155300 SH DEFINED 0131 155300
MORGAN STANLEY GROUP COM 617446109 1445 29407 SH DEFINED 0103 29407
MS-AES CORP PEPS CONV PFD STOCK 617446596 6311 247500 SH DEFINED 0132 247500
MS-CONAGRA PEPS CONV PFD STOCK 617446612 15619 350000 SH DEFINED 0130 350000
MS-CONAGRA PEPS CONV PFD STOCK 617446612 14503 325000 SH DEFINED 0107 325000
MS-MERCK PEPS CONV PFD STOCK 617446620 14400 225000 SH DEFINED 0130 225000
MS-MERCK PEPS CONV PFD STOCK 617446620 13440 210000 SH DEFINED 0107 210000
MS-CITICORP CVT CONV PFD STOCK 617446638 19688 250000 SH DEFINED 0130 250000
MS-AIRTOUCH DEC CVT CONV PFD STOCK 617446653 14438 525000 SH DEFINED 0130 525000
MS-AIRTOUCH DEC CVT CONV PFD STOCK 617446653 12375 450000 SH DEFINED 0107 450000
MS-VISHAY INTER CVT PREFERRED STOCK 617446661 7963 325000 SH DEFINED 0130 325000
MS-VISHAY INTER CVT PREFERRED STOCK 617446661 8698 355000 SH DEFINED 0107 355000
MS-DURACELL DEC CVT CONV PFD STOCK 617446679 8751 195000 SH DEFINED 0130 195000
MS-DURACELL DEC CVT CONV PFD STOCK 617446679 6058 135000 SH DEFINED 0107 135000
MORTON INTERNATIONAL COM 619331101 205 5500 SH DEFINED 0124 5500
MORTON INTERNATIONAL COM 619331101 574 15400 SH DEFINED 0125 15400
MORTON INTERNATIONAL COM 619331101 1639 44000 SH DEFINED 011620 44000
MORTON INTERNATIONAL COM 619331101 9313 250000 SH DEFINED 011614 250000
MORTON INTERNATIONAL COM 619331101 19733 529780 SH DEFINED 0102 529780
MORTON INTERNATIONAL COM 619331101 906 24331 SH DEFINED 0103 24331
MORTON INTERNATIONAL COM 619331101 1118 30000 SH DEFINED 01 30000
MOSINEE PAPER CORP COM 619600109 75 2800 SH DEFINED 0124 2800
MOTOROLA COM 620076109 95 1501 SH DEFINED 0102 1501
MOTOROLA COM 620076109 4352 69222 SH DEFINED 0103 69222
MUELLER INDS COM 624756102 174 4200 SH DEFINED 0124 4200
MURPHY OIL COM 626717102 4538 100000 SH DEFINED 0128 100000
<PAGE> PAGE 50
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
MUTL RISKMGMTCVT/PUT CONV BOND 628351AA6 18938 50000000 PRN DEFINED 0106 50000000
MUTUAL RISK COM 628351108 16667 533332 SH DEFINED 0130 533332
MUTUAL RISK COM 628351108 137 4399 SH DEFINED 0124 4399
MUTUAL RISK COM 628351108 1542 49333 SH DEFINED 011620 49333
MYCOGEN CORP COM 628452104 96 6400 SH DEFINED 0124 6400
MYERS IND INC COM 628464109 138 7400 SH DEFINED 0124 7400
MYLAN LABS COM 628530107 18975 1100000 SH DEFINED 011516 1100000
MYLAN LABS COM 628530107 0 1 SH DEFINED 0102 1
MYLEX CORP COM 628546103 685 38600 SH DEFINED 011619 38600
MYLEX CORP COM 628546103 2332 131400 SH DEFINED 011614 131400
NIPSCO COM 629140104 14088 350000 SH DEFINED 0132 350000
NABORS INDUSTRIES IN COM 629568106 2600 160000 SH DEFINED 011619 160000
NABORS INDUSTRIES IN COM 629568106 10969 675000 SH DEFINED 011614 675000
NACCO IND CL A COM 629579103 59 1062 SH DEFINED 0103 1062
NALCO CHEMICAL COM 629853102 12600 400000 SH DEFINED 0130 400000
NALCO CHEMICAL COM 629853102 25200 800000 SH DEFINED 0113 800000
NALCO CHEMICAL COM 629853102 13703 435000 SH DEFINED 0107 435000
NALCO CHEMICAL COM 629853102 3 100 SH DEFINED 0102 100
NALCO CHEMICAL COM 629853102 263 8352 SH DEFINED 0103 8352
NASHAU CORP COM 631226107 43 3400 SH DEFINED 0124 3400
NAT'L AUTO CR HLDG COM 632900106 43 3800 SH DEFINED 0124 3800
NATIONAL CITY CORP COM 635405103 28100 800000 SH DEFINED 0113 800000
NATIONAL CITY CORP COM 635405103 907 25814 SH DEFINED 0103 25814
NATL DATA CORP COM 635621105 298 8700 SH DEFINED 0124 8700
NATIONAL EDUCATION COM 635771108 2351 165000 SH DEFINED 011619 165000
NATIONAL EDUCATION COM 635771108 10260 720000 SH DEFINED 011614 720000
NATIONAL FUEL GAS CO COM 636180101 5400 150000 SH DEFINED 0132 150000
NATL HLTH INV $25 CONV PFD STOCK 63633D203 2480 83000 SH DEFINED 0104 83000
NATL HLTH INV $25 CONV PFD STOCK 63633D203 1793 60000 SH DEFINED 0109 60000
NATL HLTH INV $25 CONV PFD STOCK 63633D203 1195 40000 SH DEFINED 011621 40000
NATL HLTH INV $25 CONV PFD STOCK 63633D203 299 10000 SH DEFINED 011620 10000
NATIONAL PLC PP/WI COM 637194606 22632 928500 SH DEFINED 0130 928500
NATIONAL RE CORP COM 637340209 174 4600 SH DEFINED 0124 4600
NATL SEMICONDUCTOR COM 637640103 15500 1000000 SH DEFINED 011516 1000000
NATL SEMICONDUCTOR COM 637640103 246 15874 SH DEFINED 0103 15874
NATL SERVICES IND COM 637657107 224 5725 SH DEFINED 0103 5725
NAT CORP HOUSING COM 637995994 100 500 SH DEFINED 01 500
NATIONS BANK COM 638585109 41313 500000 SH DEFINED 0130 500000
NATIONS BANK COM 638585109 37181 450000 SH DEFINED 0113 450000
NATIONS BANK COM 638585109 52963 641000 SH DEFINED 0124 641000
NATIONS BANK COM 638585109 16732 202500 SH DEFINED 0125 202500
NATIONS BANK COM 638585109 18178 220000 SH DEFINED 0107 220000
NATIONS BANK COM 638585109 109580 1326185 SH DEFINED 0102 1326185
NATIONS BANK COM 638585109 28919 350000 SH DEFINED 0131 350000
NATIONS BANK COM 638585109 5136 62164 SH DEFINED 0103 62164
NATIONWIDE HEALTH COM 638620104 8450 400000 SH DEFINED 011618 400000
NATURAL MICROSYSTEMS COM 638882100 2450 70000 SH DEFINED 011619 70000
NATURES SUNSHINE PRO COM 639027101 99 3900 SH DEFINED 0124 3900
NAUTICA ENTERPRISES COM 639089101 242 8400 SH DEFINED 0124 8400
NAVISTAR INTL CORP COM 63934E108 978 98987 SH DEFINED 0103 98987
<PAGE> PAGE 51
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
NETCOM ONLINE COM 641081104 10800 400000 SH DEFINED 0111 400000
NETSCAPE COM 641149109 49800 800000 SH DEFINED 011516 800000
NETWORK EQUIP TECH COM 641208103 115 5400 SH DEFINED 0124 5400
NETWORK GENERAL COM 641210109 8063 375000 SH DEFINED 0106 375000
NETWORK GENERAL COM 641210109 52 2400 SH DEFINED 0124 2400
NETWORK GENERAL COM 641210109 2150 100000 SH DEFINED 011619 100000
NETWORK GENERAL COM 641210109 11610 540000 SH DEFINED 011614 540000
NEW ENGLAND BUS SERV COM 643872104 101 5200 SH DEFINED 0124 5200
NEW ENGLAND BUS SERV COM 643872104 17548 899900 SH DEFINED 011516 899900
NJ NATL GAS 100 144A PREFERRED STOCK 645869207 20750 200000 SH DEFINED 0105 200000
NEW JERSEY RESOURCES COM 646025106 4425 153900 SH DEFINED 0128 153900
NEW JERSEY RESOURCES COM 646025106 8625 300000 SH DEFINED 0132 300000
NEW JERSEY RESOURCES COM 646025106 431 15000 SH DEFINED 01 15000
NEW WORLD COM 64927A103 8044 550000 SH DEFINED 011516 550000
NEW YORK TIMES CLA COM 650111107 369 11300 SH DEFINED 0103 11300
NEWELL CO COM 651192106 569 18568 SH DEFINED 0103 18568
NEWFIELD EXPLORATION COM 651290108 54 1400 SH DEFINED 0124 1400
NEWFIELD EXPLORATION COM 651290108 12537 322500 SH DEFINED 0102 322500
NEWFIELD EXPLORATION COM 651290108 330 8500 SH DEFINED 0103 8500
NEWMONT GOLD CORP COM 651637100 1965 39000 SH DEFINED 0127 39000
NEWMONT MINING COM 651639106 14813 300000 SH DEFINED 0130 300000
NEWMONT MINING COM 651639106 7406 150000 SH DEFINED 011618 150000
NEWMONT MINING COM 651639106 574 11634 SH DEFINED 0103 11634
NEWS CORP LTD ADR COM 652487703 42300 1800000 SH DEFINED 0126 1800000
NEWS CORP LTD ADR COM 652487703 37835 1610000 SH DEFINED 011516 1610000
NEWS CORP LTD ADR COM 652487703 2585 110000 SH DEFINED 01 110000
NEWS CORP ADR PFD COM 652487802 20125 1000000 SH DEFINED 0130 1000000
NEWS CORP ADR PFD COM 652487802 5031 250000 SH DEFINED 0132 250000
NEXTEL COMMUNICATION COM 65332V103 33931 1780000 SH DEFINED 011516 1780000
NEXTEL COMMUNICATION COM 65332V103 2059 108000 SH DEFINED 011619 108000
NEXTEL COMMUNICATION COM 65332V103 8673 455000 SH DEFINED 011614 455000
NEXTEL COMM WTS WARRANT 65332V111 0 18902 SH DEFINED 0109 18902
NIAGARA MOHAWK POWER COM 653522102 131 16878 SH DEFINED 0103 16878
NICOR COM 654086107 6384 225000 SH DEFINED 0132 225000
NICOR COM 654086107 166 5864 SH DEFINED 0103 5864
NIKE INC CL B COM 654106103 51375 500000 SH DEFINED 0126 500000
NIKE INC CL B COM 654106103 51375 500000 SH DEFINED 0111 500000
NIKE INC CL B COM 654106103 586 5700 SH DEFINED 0124 5700
NIKE INC CL B COM 654106103 575 5600 SH DEFINED 0125 5600
NIKE INC CL B COM 654106103 5138 50000 SH DEFINED 011622 50000
NIKE INC CL B COM 654106103 11303 110000 SH DEFINED 011623 110000
NIKE INC CL B COM 654106103 535 5200 SH DEFINED 0102 5200
NIKE INC CL B COM 654106103 12618 122800 SH DEFINED 0131 122800
NIKE INC CL B COM 654106103 2433 23681 SH DEFINED 0103 23681
NOBLE AFFILIATES COM 654894104 725 19200 SH DEFINED 011619 19200
NOBLE AFFILIATES COM 654894104 3050 80800 SH DEFINED 011614 80800
NOBLE AFFILIATES COM 654894104 9951 263550 SH DEFINED 0102 263550
NOBLE AFFILIATES COM 654894104 5980 158400 SH DEFINED 0131 158400
NOBLE AFFILIATES COM 654894104 578 15300 SH DEFINED 0103 15300
NOKIA PREFERRED COM 654902204 18500 500000 SH DEFINED 0130 500000
<PAGE> PAGE 52
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
NOKIA PREFERRED COM 654902204 2775 75000 SH DEFINED 0132 75000
NOKIA PREFERRED COM 654902204 5550 150000 SH DEFINED 0135 150000
NOKIA PREFERRED COM 654902204 86 2325 SH DEFINED 01 2325
NOBLE DRILLING CORP COM 655042109 477 34400 SH DEFINED 0124 34400
NORAM ENERGY CORP COM 655419109 68222 6273231 SH DEFINED 0103 6273231
NORDBANKEN AB-ADR COM 65555R102 3813 100000 SH DEFINED 0135 100000
NORDSTROM INC COM 655664100 22250 500000 SH DEFINED 0130 500000
NORDSTROM INC COM 655664100 10013 225000 SH DEFINED 0108 225000
NORDSTROM INC COM 655664100 24475 550000 SH DEFINED 0113 550000
NORDSTROM INC COM 655664100 534 12000 SH DEFINED 011620 12000
NORDSTROM INC COM 655664100 48 1100 SH DEFINED 0102 1100
NORDSTROM INC COM 655664100 21138 475000 SH DEFINED 0131 475000
NORDSTROM INC COM 655664100 1500 33707 SH DEFINED 0103 33707
NORDSTROM INC COM 655664100 890 20000 SH DEFINED 01 20000
NORFOLK SOUTHERN CO COM 655844108 16950 200000 SH DEFINED 0130 200000
NORFOLK SOUTHERN CO COM 655844108 21188 250000 SH DEFINED 0113 250000
NORFOLK SOUTHERN CO COM 655844108 16950 200000 SH DEFINED 0131 200000
NORFOLK SOUTHERN CO COM 655844108 1892 22321 SH DEFINED 0103 22321
NORTH AMERICAN MTG C COM 657037107 89 5100 SH DEFINED 0124 5100
NORTH AMER VACCINE COM 657201109 155 8500 SH DEFINED 0124 8500
NORTHRN ST PWR CO MN COM 665772109 22219 450000 SH DEFINED 0113 450000
NORTHRN ST PWR CO MN COM 665772109 9875 200000 SH DEFINED 0132 200000
NORTHRN ST PWR CO MN COM 665772109 16343 331000 SH DEFINED 0124 331000
NORTHRN ST PWR CO MN COM 665772109 6439 130400 SH DEFINED 0125 130400
NORTHRN ST PWR CO MN COM 665772109 14813 300000 SH DEFINED 0107 300000
NORTHRN ST PWR CO MN COM 665772109 14813 300000 SH DEFINED 011618 300000
NORTHRN ST PWR CO MN COM 665772109 1032 20900 SH DEFINED 0102 20900
NORTHRN ST PWR CO MN COM 665772109 1697 34366 SH DEFINED 0103 34366
NORTHRN ST PWR CO MN COM 665772109 3135 63500 SH DEFINED 01 63500
NORTHRN TELECOM COM 665815106 17672 325000 SH DEFINED 0130 325000
NORTHRN TELECOM COM 665815106 10875 200000 SH DEFINED 0132 200000
NORTHRN TELECOM COM 665815106 19455 357800 SH DEFINED 0124 357800
NORTHRN TELECOM COM 665815106 7129 131100 SH DEFINED 0125 131100
NORTHRN TELECOM COM 665815106 27188 500000 SH DEFINED 011618 500000
NORTHRN TELECOM COM 665815106 10875 200000 SH DEFINED 011614 200000
NORTHRN TELECOM COM 665815106 12265 225543 SH DEFINED 0102 225543
NORTHRN TELECOM COM 665815106 2933 53942 SH DEFINED 0103 53942
NORTHRN TELECOM COM 665815106 7490 137750 SH DEFINED 01 137750
NORTHLAND CRANBERRIE COM 666499108 396 13200 SH DEFINED 0102 13200
NORTHROP GRUMMAN COR COM 666807102 400 5868 SH DEFINED 0103 5868
NWA COM 667280101 23700 600000 SH DEFINED 0111 600000
NWA COM 667280101 2963 75000 SH DEFINED 011622 75000
NWA COM 667280101 5925 150000 SH DEFINED 011623 150000
NWA COM 667280101 217 5500 SH DEFINED 0102 5500
NORTHWEST NATURAL GA COM 667655104 5544 158400 SH DEFINED 0132 158400
NORTHWEST NATURAL GA COM 667655104 284 8100 SH DEFINED 0124 8100
NORWEST CORP COM 669380107 13950 400000 SH DEFINED 0130 400000
NORWEST CORP COM 669380107 116259 3333600 SH DEFINED 0126 3333600
NORWEST CORP COM 669380107 27900 800000 SH DEFINED 0113 800000
NORWEST CORP COM 669380107 10246 293800 SH DEFINED 0124 293800
<PAGE> PAGE 53
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
NORWEST CORP COM 669380107 4105 117700 SH DEFINED 0125 117700
NORWEST CORP COM 669380107 12206 350000 SH DEFINED 0107 350000
NORWEST CORP COM 669380107 24413 700000 SH DEFINED 011516 700000
NORWEST CORP COM 669380107 27900 800000 SH DEFINED 011618 800000
NORWEST CORP COM 669380107 100369 2877930 SH DEFINED 0102 2877930
NORWEST CORP COM 669380107 24413 700000 SH DEFINED 0131 700000
NORWEST CORP COM 669380107 3875 111112 SH DEFINED 0103 111112
NORWEST CORP COM 669380107 1436 41185 SH DEFINED 01 41185
NOVELL INC COM 670006105 242813 17500000 SH DEFINED 011516 17500000
NOVELL INC COM 670006105 375 27073 SH DEFINED 0102 27073
NOVELL INC COM 670006105 594 42838 SH DEFINED 0103 42838
NOVELLUS SYSTEMS INC COM 670008101 241 6700 SH DEFINED 0124 6700
NOVEN PHARMACEUTICAL COM 670009109 61 3800 SH DEFINED 0124 3800
NUCOR CORP COM 670346105 60750 1200000 SH DEFINED 0111 1200000
NUCOR CORP COM 670346105 6075 120000 SH DEFINED 011622 120000
NUCOR CORP COM 670346105 13517 267000 SH DEFINED 011623 267000
NUCOR CORP COM 670346105 86239 1703416 SH DEFINED 0102 1703416
NUCOR CORP COM 670346105 1177 23242 SH DEFINED 0103 23242
NUCOR CORP COM 670346105 11544 228024 SH DEFINED 01 228024
NUEVO ENERGY CO COM 670509108 8063 250000 SH DEFINED 0106 250000
NYCOMED ASA ADR CL B COM 670662204 1695 120000 SH DEFINED 0135 120000
NYCOMED ASA ADR CL B COM 670662204 10239 724900 SH DEFINED 011516 724900
NYNEX CABLE ADS COM 670764109 4063 250000 SH DEFINED 0135 250000
NYNEX COM 670768100 15200 320000 SH DEFINED 0107 320000
NYNEX COM 670768100 2393 50370 SH DEFINED 0103 50370
OAK INDUSTRIES COM 671400505 187 6300 SH DEFINED 0124 6300
OAKWOOD HOMES COM 674098108 126 6100 SH DEFINED 0124 6100
OASIS COM 674216106 3883 177500 SH DEFINED 0107 177500
OCCIDENTAL PETROLEUM COM 674599105 923 37309 SH DEFINED 0103 37309
OCEANEERING INT'L COM 675232102 64 4200 SH DEFINED 0124 4200
OCEANEERING INT'L COM 675232102 2269 150000 SH DEFINED 011619 150000
OFFICE MAX COM 67622M108 22084 925000 SH DEFINED 0106 925000
OFFICE MAX COM 67622M108 413 17262 SH DEFINED 0102 17262
OFFICE MAX COM 67622M108 2914 122050 SH DEFINED 01 94000 28050
OFFICE DEPOT INC COM 676220106 245 12000 SH DEFINED 0102 12000
OFFICE DEPOT INC COM 676220106 4387 215310 SH DEFINED 01 215310
OFFSHORE LOGISTICS COM 676255102 175 12600 SH DEFINED 0124 12600
OGDEN CORP COM 676346109 13390 738770 SH DEFINED 0103 738770
OHIO EDISON COM 677347106 391 17872 SH DEFINED 0103 17872
OHIO POWER CO $100 PREFERRED STOCK 677415796 3429 36000 SH DEFINED 0105 36000
OLSTEN CORP COM 681385100 23500 800000 SH DEFINED 0111 800000
OLSTEN CORP COM 681385100 20563 700000 SH DEFINED 011618 700000
OLSTEN CORP COM 681385100 2203 75000 SH DEFINED 011619 75000
OLSTEN CORP COM 681385100 9253 315000 SH DEFINED 011614 315000
OLSTEN CORP COM 681385100 424 14450 SH DEFINED 0102 14450
OLSTEN CORP COM 681385100 5772 196500 SH DEFINED 0131 196500
OLSTEN CORP COM 681385100 272 9250 SH DEFINED 0103 9250
OLYMPIC FINANCIAL LT COM 681593109 9775 425000 SH DEFINED 011614 425000
OMNICARE, INC. COM 681904108 451 17000 SH DEFINED 0124 17000
OMNICARE, INC. COM 681904108 9540 360000 SH DEFINED 011614 360000
<PAGE> PAGE 54
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
OMNICARE, INC. COM 681904108 14137 533400 SH DEFINED 0102 533400
OMNICARE, INC. COM 681904108 382 14400 SH DEFINED 0103 14400
OMEGA HEALTH CARE CONV BOND 681936AG5 4055 4000000 PRN DEFINED 0104 4000000
OMEGA HEALTH CARE COM 681936100 5525 200000 SH DEFINED 0130 200000
OMEGA HEALTH CARE COM 681936100 8288 300000 SH DEFINED 0113 300000
OMEGA HEALTH CARE COM 681936100 5387 195000 SH DEFINED 0107 195000
ONBANCORP INC COM 682303102 124 3800 SH DEFINED 0124 3800
ONEOK INC COM 682678107 80 3213 SH DEFINED 0103 3213
OPEN MARKET COM 68370M100 19500 800000 SH DEFINED 011516 800000
ORACLE CORP COM COM 68389X105 29578 750000 SH DEFINED 0130 750000
ORACLE CORP COM COM 68389X105 157750 4000000 SH DEFINED 0126 4000000
ORACLE CORP COM COM 68389X105 53241 1350000 SH DEFINED 0111 1350000
ORACLE CORP COM COM 68389X105 21988 557550 SH DEFINED 0124 557550
ORACLE CORP COM COM 68389X105 5488 139150 SH DEFINED 0125 139150
ORACLE CORP COM COM 68389X105 7888 200000 SH DEFINED 0135 200000
ORACLE CORP COM COM 68389X105 11831 300000 SH DEFINED 011622 300000
ORACLE CORP COM COM 68389X105 26857 681000 SH DEFINED 011623 681000
ORACLE CORP COM COM 68389X105 21888 555000 SH DEFINED 011516 555000
ORACLE CORP COM COM 68389X105 31550 800000 SH DEFINED 011618 800000
ORACLE CORP COM COM 68389X105 2406 61000 SH DEFINED 011619 61000
ORACLE CORP COM COM 68389X105 1578 40000 SH DEFINED 011620 40000
ORACLE CORP COM COM 68389X105 25141 637500 SH DEFINED 011614 637500
ORACLE CORP COM COM 68389X105 118063 2993842 SH DEFINED 0102 2993842
ORACLE CORP COM COM 68389X105 23254 589650 SH DEFINED 0131 589650
ORACLE CORP COM COM 68389X105 5687 144234 SH DEFINED 0103 144234
ORACLE CORP COM COM 68389X105 12541 317990 SH DEFINED 01 317990
ORANGE & ROCKLAND COM 684065105 59 1600 SH DEFINED 0124 1600
ORANGE ROCKLAND$100 PREFERRED STOCK 6840654*3 1323 13098 SH DEFINED 0105 13098
ORBITAL SCIENCES COR COM 685564106 133 8200 SH DEFINED 0124 8200
O'REILLY AUTOMOTIVE COM 686091109 58 1600 SH DEFINED 0124 1600
ORION CAPITAL CORP COM 686268103 82 1600 SH DEFINED 0124 1600
ORION NETWORK SYS COM 68628K104 3225 300000 SH DEFINED 0135 300000
ORNDA HEALTH COM 686857103 1800 75000 SH DEFINED 011619 75000
ORNDA HEALTH COM 686857103 8400 350000 SH DEFINED 011614 350000
ORNDA HEALTH COM 686857103 540 22529 SH DEFINED 0102 22529
ORYX ENERGY CO COM 68763F100 199 12218 SH DEFINED 0103 12218
OUTBACK STEAKHOUSE COM 689899102 1793 52000 SH DEFINED 011619 52000
OUTBACK STEAKHOUSE COM 689899102 8621 250000 SH DEFINED 011614 250000
OUTBOARD MARINE COM 690020102 41 2275 SH DEFINED 0103 2275
OWENS CORNIG FIB NEW COM 69073F103 516 12000 SH DEFINED 0102 12000
OWENS CORNIG FIB NEW COM 69073F103 261 6079 SH DEFINED 0103 6079
OWENS & MINOR INC COM 690732102 140 12000 SH DEFINED 0124 12000
OWENS & MINOR INC COM 690732102 34875 3000000 SH DEFINED 011516 3000000
OXFORD HEALTH COM 691471106 165 4000 SH DEFINED 0102 4000
OXFORD RESOURCES COR COM 691808109 9300 400000 SH DEFINED 0111 400000
OXFORD RESOURCES COR COM 691808109 141 6000 SH DEFINED 0102 6000
PECO ENERGY COM 693304107 24700 950000 SH DEFINED 0113 950000
PECO ENERGY COM 693304107 9100 350000 SH DEFINED 0132 350000
PECO ENERGY COM 693304107 10 400 SH DEFINED 0102 400
PECO ENERGY COM 693304107 19500 750000 SH DEFINED 0131 750000
<PAGE> PAGE 55
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
PECO ENERGY COM 693304107 1534 59014 SH DEFINED 0103 59014
PNC FINL CORP COM 693475105 1189 39968 SH DEFINED 0103 39968
PP & L RESOURCES COM 693499105 440 18632 SH DEFINED 0103 18632
PPG INDUSTRIES INC COM 693506107 23156 475000 SH DEFINED 0131 475000
PPG INDUSTRIES INC COM 693506107 2054 42134 SH DEFINED 0103 42134
TAMBANG TIMAHGDR144A COM 69365J102 7089 392200 SH DEFINED 0135 392200
PT PASIFIK SATELIT COM 69365Q106 4000 200000 SH DEFINED 0135 200000
PXRE CORP COM 693674103 7275 300000 SH DEFINED 0106 300000
PACCAR INC COM 693718108 225 4600 SH DEFINED 0103 4600
PACIFIC ENTERPRISES COM 694232109 286 9645 SH DEFINED 0103 9645
PACIFIC GAS & ELEC COM 694308107 1135 48799 SH DEFINED 0103 48799
PACIFIC GAS & ELEC PREFERRED STOCK 694308651 573 24000 SH DEFINED 0105 24000
PACIFIC GAS & ELEC PREFERRED STOCK 694308693 13194 567500 SH DEFINED 0105 567500
PACIFIC SCIENTIFIC C COM 694806100 49 3100 SH DEFINED 0124 3100
PACIFIC TELESIS COM 694890104 1694 50194 SH DEFINED 0103 50194
PACIFICARE HEALTHCLB COM 695110205 51151 755000 SH DEFINED 011516 755000
PACIFICARE HEALTHCLB COM 695110205 21003 310000 SH DEFINED 011618 310000
PACIFICORP COM 695114108 763 34294 SH DEFINED 0103 34294
PACIFICORP $100 PAR PREFERRED STOCK 695114678 15113 150000 SH DEFINED 0105 150000
PACIFICORP $100 PAR PREFERRED STOCK 695114678 1008 10000 SH DEFINED 0116 10000
PAGEMART NATIONWIDE COM 69553Q108 548 50750 SH DEFINED 0109 50750
PAINEWEBBER MASTER COM 695910885 1 140 SH DEFINED 01 140
PALL CORP COM 696429307 9047 375000 SH DEFINED 0108 375000
PALL CORP COM 696429307 324 13415 SH DEFINED 0103 13415
PANERGY CORP COM 697926103 10684 325000 SH DEFINED 0132 325000
PANERGY CORP COM 697926103 578 17579 SH DEFINED 0103 17579
PANAMSAT CORP COM 69830X108 4350 150000 SH DEFINED 0109 150000
PARAGON COM 69912K107 133 6200 SH DEFINED 0124 6200
PARAMETRIC TECH CORP COM 699173100 10844 250000 SH DEFINED 0108 250000
PARAMETRIC TECH CORP COM 699173100 108438 2500000 SH DEFINED 0126 2500000
PARAMETRIC TECH CORP COM 699173100 6506 150000 SH DEFINED 0106 150000
PARAMETRIC TECH CORP COM 699173100 5968 137600 SH DEFINED 011622 137600
PARAMETRIC TECH CORP COM 699173100 13169 303600 SH DEFINED 011623 303600
PARAMETRIC TECH CORP COM 699173100 3036 70000 SH DEFINED 011619 70000
PARAMETRIC TECH CORP COM 699173100 18651 430000 SH DEFINED 011614 430000
PARAMETRIC TECH CORP COM 699173100 69335 1598500 SH DEFINED 0102 1598500
PARAMETRIC TECH CORP COM 699173100 34188 788200 SH DEFINED 0131 788200
PARAMETRIC TECH CORP COM 699173100 3596 82900 SH DEFINED 0103 82900
PARAMETRIC TECH CORP COM 699173100 304 7000 SH DEFINED 01 7000
PARCPLACE COM 699421103 1278 140000 SH DEFINED 011619 140000
PARCPLACE COM 699421103 5475 600000 SH DEFINED 011614 600000
PAREXEL COM 699462107 8444 175000 SH DEFINED 0106 175000
PARK ELECTROCHEMICAL CONV BOND 700416AB6 3673 4500000 PRN DEFINED 011614 4500000
PARKER & PARSLEY PET COM 701018103 7631 275000 SH DEFINED 0106 275000
PARKER-HANNIFIN COM 701094104 372 8778 SH DEFINED 0103 8778
PATTERSON DENTAL COM 703412106 257 7100 SH DEFINED 0124 7100
PAXAR CORPORATION COM 704227107 123 7000 SH DEFINED 0124 7000
PAYCHEX INC COM 704326107 23461 487500 SH DEFINED 011614 487500
PAYCHEX INC COM 704326107 49267 1023728 SH DEFINED 0102 1023728
PAYCHEX INC COM 704326107 11499 238950 SH DEFINED 0131 238950
<PAGE> PAGE 56
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
PAYCHEX INC COM 704326107 3234 67200 SH DEFINED 0103 67200
PAYLESS SHOESOURCE COM 704379106 1016 32000 SH DEFINED 0130 32000
PAYLESS SHOESOURCE COM 704379106 2580 81250 SH DEFINED 0113 81250
PAYLESS SHOESOURCE COM 704379106 12700 400000 SH DEFINED 011516 400000
PAYLESS SHOESOURCE COM 704379106 1988 62600 SH DEFINED 0131 62600
PAYLESS SHOESOURCE COM 704379106 83 2610 SH DEFINED 0103 2610
PEGASUS GOLD CORP COM 70556K106 306 25000 SH DEFINED 0127 25000
PEGASUS MED COMM COM 70557G104 525 750 SH DEFINED 0109 750
PENNCORP FINANCIAL G COM 708094107 6350 200000 SH DEFINED 0128 200000
PENNCORP FINANCIAL G COM 708094107 7144 225000 SH DEFINED 0106 225000
PENNCORP FINANCIAL G COM 708094107 11113 350000 SH DEFINED 011614 350000
PENNCORP FINANCIAL G COM 708094107 28029 882800 SH DEFINED 0102 882800
PENNCORP FINANCIAL G COM 708094107 12208 384500 SH DEFINED 0131 384500
PENNCORP FINANCIAL G COM 708094107 1202 37850 SH DEFINED 0103 37850
PENNEY J C COM 708160106 28875 550000 SH DEFINED 0130 550000
PENNEY J C COM 708160106 31500 600000 SH DEFINED 0113 600000
PENNEY J C COM 708160106 13913 265000 SH DEFINED 0107 265000
PENNEY J C COM 708160106 22313 425000 SH DEFINED 0131 425000
PENNEY J C COM 708160106 2426 46207 SH DEFINED 0103 46207
PENN P&L PFD $100 PREFERRED STOCK 709051643 2800 28000 SH DEFINED 0105 28000
PENN P&L $100 PAR PREFERRED STOCK 709051684 5868 60000 SH DEFINED 0105 60000
PENTAIR INC COM 709631105 1980 66000 SH DEFINED 011620 66000
PENTAIR INC COM 709631105 2637 87900 SH DEFINED 0103 87900
PENNZOIL COM 709903108 254 5485 SH DEFINED 0103 5485
PEOPLES ENERGY CORP COM 711030106 138 4132 SH DEFINED 0103 4132
PEOPLE SOFT COM 712713106 2850 40000 SH DEFINED 011619 40000
PEOPLE SOFT COM 712713106 11400 160000 SH DEFINED 011614 160000
PEOPLE SOFT COM 712713106 12499 175400 SH DEFINED 0102 175400
PEOPLE SOFT COM 712713106 10403 146000 SH DEFINED 0131 146000
PEOPLE SOFT COM 712713106 798 11200 SH DEFINED 0103 11200
PEOPLE SOFT COM 712713106 499 7000 SH DEFINED 01 7000
PEP BOYS COM 713278109 20400 600000 SH DEFINED 0130 600000
PEP BOYS COM 713278109 15300 450000 SH DEFINED 0108 450000
PEP BOYS COM 713278109 13600 400000 SH DEFINED 011618 400000
PEP BOYS COM 713278109 2380 70000 SH DEFINED 011619 70000
PEP BOYS COM 713278109 9860 290000 SH DEFINED 011614 290000
PEP BOYS COM 713278109 17648 519075 SH DEFINED 0102 519075
PEP BOYS COM 713278109 250 7342 SH DEFINED 0103 7342
PEP BOYS COM 713278109 1020 30000 SH DEFINED 01 30000
PEPSICO COM 713448108 31838 900000 SH DEFINED 0130 900000
PEPSICO COM 713448108 106125 3000000 SH DEFINED 0126 3000000
PEPSICO COM 713448108 14313 404600 SH DEFINED 0124 404600
PEPSICO COM 713448108 5621 158900 SH DEFINED 0125 158900
PEPSICO COM 713448108 10613 300000 SH DEFINED 011618 300000
PEPSICO COM 713448108 2264 64000 SH DEFINED 011620 64000
PEPSICO COM 713448108 71040 2008050 SH DEFINED 0102 2008050
PEPSICO COM 713448108 8212 232126 SH DEFINED 0103 232126
PERCLOSE COM 71361C107 783 34800 SH DEFINED 0111 34800
PERCLOSE COM 71361C107 135 6000 SH DEFINED 011622 6000
PERCLOSE COM 71361C107 297 13200 SH DEFINED 011623 13200
<PAGE> PAGE 57
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
PERCLOSE COM 71361C107 1125 50000 SH DEFINED 011620 50000
PEREZ COMPANC SA ADR COM 713665107 11842 904000 SH DEFINED 0130 904000
PEREZ COMPANC SA ADR COM 713665107 9825 750000 SH DEFINED 0135 750000
PERKIN ELMER COM 714041100 246 5095 SH DEFINED 0103 5095
PERKIN ELMER COM 714041100 3088 64000 SH DEFINED 01 64000
PETROLEUM GEO SERV COM 716597109 0 1 SH DEFINED 0102 1
PETSMART COM 716768106 1671 35000 SH DEFINED 011619 35000
PETSMART COM 716768106 9550 200000 SH DEFINED 011614 200000
PETSMART COM 716768106 40211 842097 SH DEFINED 0102 842097
PETSMART COM 716768106 8731 182850 SH DEFINED 0131 182850
PETSMART COM 716768106 1626 34050 SH DEFINED 0103 34050
PHARMACIA & UPJOHN COM 716941109 7100 160000 SH DEFINED 0108 160000
PHARMACIA & UPJOHN COM 716941109 586 13200 SH DEFINED 0124 13200
PHARMACIA & UPJOHN COM 716941109 115 2600 SH DEFINED 0125 2600
PHARMACIA & UPJOHN COM 716941109 14422 325000 SH DEFINED 0107 325000
PHARMACIA & UPJOHN COM 716941109 1775 40000 SH DEFINED 011620 40000
PHARMACIA & UPJOHN COM 716941109 22 500 SH DEFINED 0102 500
PHARMACIA & UPJOHN COM 716941109 2689 60606 SH DEFINED 0103 60606
PFIZER COM 717081103 39256 550000 SH DEFINED 0130 550000
PFIZER COM 717081103 242675 3400000 SH DEFINED 0126 3400000
PFIZER COM 717081103 57100 800000 SH DEFINED 0111 800000
PFIZER COM 717081103 27701 388100 SH DEFINED 0124 388100
PFIZER COM 717081103 9764 136800 SH DEFINED 0125 136800
PFIZER COM 717081103 10192 142800 SH DEFINED 011622 142800
PFIZER COM 717081103 22569 316200 SH DEFINED 011623 316200
PFIZER COM 717081103 28550 400000 SH DEFINED 011618 400000
PFIZER COM 717081103 1749 24500 SH DEFINED 011620 24500
PFIZER COM 717081103 86102 1206321 SH DEFINED 0102 1206321
PFIZER COM 717081103 16024 224500 SH DEFINED 0131 224500
PFIZER COM 717081103 7646 107121 SH DEFINED 0103 107121
PFIZER COM 717081103 2284 32000 SH DEFINED 01 32000
PHELPS DODGE COM 717265102 485 7771 SH DEFINED 0103 7771
PHILIP ENVIRONMENTAL COM 717906101 2166 275000 SH DEFINED 011619 275000
PHILIP MORRIS COM 718154107 46800 450000 SH DEFINED 0130 450000
PHILIP MORRIS COM 718154107 36400 350000 SH DEFINED 0113 350000
PHILIP MORRIS COM 718154107 45271 435300 SH DEFINED 0124 435300
PHILIP MORRIS COM 718154107 16016 154000 SH DEFINED 0125 154000
PHILIP MORRIS COM 718154107 21840 210000 SH DEFINED 0107 210000
PHILIP MORRIS COM 718154107 30160 290000 SH DEFINED 011618 290000
PHILIP MORRIS COM 718154107 3848 37000 SH DEFINED 011620 37000
PHILIP MORRIS COM 718154107 55582 534460 SH DEFINED 0102 534460
PHILIP MORRIS COM 718154107 26000 250000 SH DEFINED 0131 250000
PHILIP MORRIS COM 718154107 14379 138262 SH DEFINED 0103 138262
PHILIP MORRIS COM 718154107 5233 50320 SH DEFINED 01 7030 43290
PHILIPPINE LONG DIST COM 718252604 5813 100000 SH DEFINED 0132 100000
PHILIPPINE LONG DIST COM 718252604 6103 105000 SH DEFINED 0112 105000
PHILIPPINE LONG DIST COM 718252604 7667 131900 SH DEFINED 011617 131900
PHILLIPS PETROLEUM COM 718507106 1285 30697 SH DEFINED 0103 30697
PHILLIPS-VAN HEUSEN COM 718592108 87 6800 SH DEFINED 0124 6800
PHOENIX DUFF & PHELP COM 718924103 4125 550000 SH DEFINED 0128 550000
<PAGE> PAGE 58
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
PHOENIX DUFF & PHELP COM 718924103 2250 300000 SH DEFINED 011619 300000
PHOENIX SHANNON 144A CONV BOND 719138AA7 1800 2000000 PRN DEFINED 0104 2000000
PHYCOR COM 71940F100 9500 250000 SH DEFINED 0106 250000
PHYCOR COM 71940F100 547 14400 SH DEFINED 0124 14400
PHYCOR COM 71940F100 63971 1683423 SH DEFINED 0102 1683423
PHYCOR COM 71940F100 7262 191100 SH DEFINED 0131 191100
PHYCOR COM 71940F100 2140 56325 SH DEFINED 0103 56325
PHYSICIAN SUPPORT SY COM 71940V105 8484 375000 SH DEFINED 0106 375000
PHOTRAN CORP COM 719404105 450 45000 SH DEFINED 011619 45000
PICTURETEL CORP COM 720035302 350 8900 SH DEFINED 0124 8900
PIEDMONT NATURAL GAS COM 720186105 5 200 SH DEFINED 0124 200
PIER ONE IMPORTS INC COM 720279108 176 11800 SH DEFINED 0124 11800
PINNACLE WEST CAPITA COM 723484101 11391 375000 SH DEFINED 0132 375000
PINNACLE WEST CAPITA COM 723484101 9113 300000 SH DEFINED 011618 300000
PIONEER GROUP COM 723684106 227 8500 SH DEFINED 0124 8500
PIONEER GROUP COM 723684106 268 10000 SH DEFINED 0127 10000
PIONEER HI-BRED COM 723686101 7931 150000 SH DEFINED 0108 150000
PIONEER HI-BRED COM 723686101 21150 400000 SH DEFINED 0126 400000
PIONEER HI-BRED COM 723686101 15863 300000 SH DEFINED 011618 300000
PIONEER HI-BRED COM 723686101 6447 121870 SH DEFINED 0102 121870
PIONEER HI-BRED COM 723686101 673 12725 SH DEFINED 0103 12725
PIONEER STANDARD ELE COM 723877106 5300 400000 SH DEFINED 0128 400000
PIONEER STANDARD ELE COM 723877106 53 4000 SH DEFINED 0124 4000
PITNEY BOWES COM 724479100 16713 350000 SH DEFINED 0130 350000
PITNEY BOWES COM 724479100 435 9100 SH DEFINED 0124 9100
PITNEY BOWES COM 724479100 797 16700 SH DEFINED 0125 16700
PITNEY BOWES COM 724479100 11938 250000 SH DEFINED 0107 250000
PITNEY BOWES COM 724479100 120 2500 SH DEFINED 0102 2500
PITNEY BOWES COM 724479100 999 20926 SH DEFINED 0103 20926
PITTEN CRIEF COM 724514104 1664 250000 SH DEFINED 011619 250000
PITTSTON BRINKS GRP COM 725701106 111 3800 SH DEFINED 0102 3800
PITTSTON BRINKS GRP COM 725701106 6008 206300 SH DEFINED 0131 206300
PITTSTON BRINKS GRP COM 725701106 323 11100 SH DEFINED 0103 11100
PITTSTON MIN $3.125 CONV PFD STOCK 725701403 5550 150000 SH DEFINED 0130 150000
PITTSTON BURLINGTON COM 725701882 71 3300 SH DEFINED 0124 3300
PLACER DOME INC COM 725906101 14612 612000 SH DEFINED 0124 612000
PLACER DOME INC COM 725906101 239 10000 SH DEFINED 0127 10000
PLACER DOME INC COM 725906101 5537 231900 SH DEFINED 0125 231900
PLACER DOME INC COM 725906101 12863 538800 SH DEFINED 0102 538800
PLACER DOME INC COM 725906101 1705 71412 SH DEFINED 0103 71412
PLATINUM TECH INC COM 72764T101 9831 650000 SH DEFINED 0106 650000
PLATINUM TECH INC COM 72764T101 169 11200 SH DEFINED 0124 11200
PLATINUM TECH INC COM 72764T101 1650 109070 SH DEFINED 01 109070
PLAYERS INTERNATIONA COM 727903106 33 3400 SH DEFINED 0124 3400
POGO PROD CVT 144A CONV BOND 730448AC1 3091 2875000 PRN DEFINED 0130 2875000
POGO PROD CVT 144A CONV BOND 730448AC1 3279 3050000 PRN DEFINED 0104 3050000
POGO PROD CVT 144A CONV BOND 730448AC1 2311 2150000 PRN DEFINED 0109 2150000
POGO PROD CVT 144A CONV BOND 730448AC1 994 925000 PRN DEFINED 011621 925000
POGO PRODUCING CO COM 730448107 9531 250000 SH DEFINED 0106 250000
POGO PRODUCING CO COM 730448107 332 8700 SH DEFINED 0124 8700
<PAGE> PAGE 59
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
POGO PRODUCING CO COM 730448107 2669 70000 SH DEFINED 011619 70000
POGO PRODUCING CO COM 730448107 12391 325000 SH DEFINED 011614 325000
POGO PRODUCING CO COM 730448107 48372 1268800 SH DEFINED 0102 1268800
POGO PRODUCING CO COM 730448107 12837 336700 SH DEFINED 0131 336700
POGO PRODUCING CO COM 730448107 1926 50500 SH DEFINED 0103 50500
POGO PRODUCING CO COM 730448107 2213 58045 SH DEFINED 01 58045
POLARIS INDS INC COM 731068102 6825 200000 SH DEFINED 0128 200000
POLAROID COM 731095105 246 5385 SH DEFINED 0103 5385
POLICY MGMT SYSTEMS COM 731108106 31630 632600 SH DEFINED 011516 632600
POPE & TALBOT COM 732827100 82 5400 SH DEFINED 0124 5400
PORTLAND GENERAL COR COM 736506106 9263 300000 SH DEFINED 0132 300000
POSSIS MEDICAL INC COM 737407106 1995 120000 SH DEFINED 011619 120000
POSSIS MEDICAL INC COM 737407106 7 400 SH DEFINED 0102 400
POTASH CORP SASK INC COM 73755L107 364 5500 SH DEFINED 0102 5500
POTLATCH CORP COM 737628107 135 3449 SH DEFINED 0103 3449
POWERGEN PLC ADR COM 738905603 16081 775000 SH DEFINED 0130 775000
PRAXAIR COM 74005P104 8450 200000 SH DEFINED 0130 200000
PRAXAIR COM 74005P104 11619 275000 SH DEFINED 0108 275000
PRAXAIR COM 74005P104 26195 620000 SH DEFINED 0126 620000
PRAXAIR COM 74005P104 15844 375000 SH DEFINED 0106 375000
PRAXAIR COM 74005P104 14999 355000 SH DEFINED 0124 355000
PRAXAIR COM 74005P104 5057 119700 SH DEFINED 0125 119700
PRAXAIR COM 74005P104 3296 78000 SH DEFINED 011620 78000
PRAXAIR COM 74005P104 23238 550000 SH DEFINED 011614 550000
PRAXAIR COM 74005P104 17149 405851 SH DEFINED 0102 405851
PRAXAIR COM 74005P104 15290 361900 SH DEFINED 0131 361900
PRAXAIR COM 74005P104 2454 58073 SH DEFINED 0103 58073
PRAXAIR COM 74005P104 5281 125000 SH DEFINED 01 125000
PRECISION CASTPARTS COM 740189105 2064 48000 SH DEFINED 011620 48000
PRECISION CASTPARTS COM 740189105 26238 610200 SH DEFINED 0102 610200
PRECISION CASTPARTS COM 740189105 5650 131400 SH DEFINED 0131 131400
PRECISION CASTPARTS COM 740189105 899 20900 SH DEFINED 0103 20900
PREMARK INTL INC COM 740459102 178 9600 SH DEFINED 0124 9600
PRICE COSTCO COM 74143W102 1029 47600 SH DEFINED 011619 47600
PRICE COSTCO COM 74143W102 4377 202400 SH DEFINED 011614 202400
PRICE COSTCO COM 74143W102 495 22890 SH DEFINED 0103 22890
PRICE T ROWE ASSOC COM 741477103 108 3500 SH DEFINED 0102 3500
PRIDE PETROLEUM SVCS COM 741541106 67 4700 SH DEFINED 0124 4700
PRIDE PETROLEUM SVCS COM 741541106 2138 150000 SH DEFINED 011619 150000
PRIMADONNA COM 741548101 34500 1500000 SH DEFINED 011516 1500000
PRIMARK CORP COM 741903108 199 6100 SH DEFINED 0124 6100
PRIME HOSPITALITY CO COM 741917108 157 9500 SH DEFINED 0124 9500
PRIME HOSPITALITY CO COM 741917108 7425 450000 SH DEFINED 011614 450000
PRIME HOSPITALITY CO COM 741917108 76 4600 SH DEFINED 0102 4600
PRIME HOSPITALITY CO COM 741917108 4278 259300 SH DEFINED 0131 259300
PRIME HOSPITALITY CO COM 741917108 241 14600 SH DEFINED 0103 14600
PROCTER & GAMBLE COM 742718109 13195 145600 SH DEFINED 0130 145600
PROCTER & GAMBLE COM 742718109 126875 1400000 SH DEFINED 0126 1400000
PROCTER & GAMBLE COM 742718109 13820 152500 SH DEFINED 0124 152500
PROCTER & GAMBLE COM 742718109 5927 65400 SH DEFINED 0125 65400
<PAGE> PAGE 60
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
PROCTER & GAMBLE COM 742718109 45313 500000 SH DEFINED 011618 500000
PROCTER & GAMBLE COM 742718109 95777 1056812 SH DEFINED 0102 1056812
PROCTER & GAMBLE COM 742718109 8958 98860 SH DEFINED 0103 98860
PROFITTS INC COM 742925100 149 4200 SH DEFINED 0124 4200
PRISM SOLUTIONS COM 742947104 1039 44200 SH DEFINED 011619 44200
PRISM SOLUTIONS COM 742947104 4155 176800 SH DEFINED 011614 176800
PRODUCTION OPERATORS COM 743080103 6075 180000 SH DEFINED 0128 180000
PRODUCTION OPERATORS COM 743080103 54 1600 SH DEFINED 0124 1600
PROGRESSIVE CORP OH COM 743315103 6938 150000 SH DEFINED 0108 150000
PROGRESSIVE CORP OH COM 743315103 17344 375000 SH DEFINED 0106 375000
PROGRESSIVE CORP OH COM 743315103 18 380 SH DEFINED 0102 380
PROMUS HOTEL CORP COM 74342H104 25181 850000 SH DEFINED 0126 850000
PROMUS HOTEL CORP COM 74342H104 27111 915200 SH DEFINED 0102 915200
PROMUS HOTEL CORP COM 74342H104 13085 441700 SH DEFINED 0131 441700
PROMUS HOTEL CORP COM 74342H104 25287 853563 SH DEFINED 0103 853563
PROTECTIVE LIFE CORP COM 743674103 414 11800 SH DEFINED 0124 11800
PROTEIN DESIGN COM 74369L103 144 6400 SH DEFINED 0124 6400
PROVIDENT BANCORP COM 743834202 63 1800 SH DEFINED 0124 1800
PRUDENTIAL UTIL CL A COM 743911208 2 180 SH DEFINED 01 180
PROVIDIAN CORP COM 744061102 24653 575000 SH DEFINED 0113 575000
PROVIDIAN CORP COM 744061102 17150 400000 SH DEFINED 0131 400000
PROVIDIAN CORP COM 744061102 1243 28985 SH DEFINED 0103 28985
PUBLIC SERV CO COLO COM 744448101 5513 150000 SH DEFINED 0132 150000
PUBLIC SERV CO COLO COM 744448101 14884 405000 SH DEFINED 0107 405000
PUB SERV ENTERPRISES COM 744573106 785 28658 SH DEFINED 0103 28658
PUBLIC STORAGE COM 74460D109 4434 215000 SH DEFINED 0107 215000
PULLMAN CO SER B COM 74578K102 1557 182094 SH DEFINED 0104 182094
PULLMAN CO SER B COM 74578K102 2335 273141 SH DEFINED 0109 273141
PULTE CORP. COM 745867101 85 3196 SH DEFINED 0103 3196
PUTNAM HIGH YIELD COM 74678J104 2 217 SH DEFINED 01 217
QUAKER OATS COM 747402105 20475 600000 SH DEFINED 011516 600000
QUAKER OATS COM 747402105 27 792 SH DEFINED 0102 792
QUAKER OATS COM 747402105 537 15733 SH DEFINED 0103 15733
QUALITY FOOD CENTERS COM 747565109 28196 1095000 SH DEFINED 011516 1095000
QUALITY SYSTEMS COM 747582104 5658 310000 SH DEFINED 011516 310000
QUANEX CORP COM 747620102 196 8300 SH DEFINED 0124 8300
QUANTUM HEALTH COM 74763L105 10 600 SH DEFINED 0124 600
QUICK & REILLY GROUP COM 748376100 325 10000 SH DEFINED 0124 10000
QUILMES INDUSTRIAL COM 74838Y108 5125 500000 SH DEFINED 0135 500000
QUORUM HEALTH COM 749084109 5346 202700 SH DEFINED 0106 202700
QUORUM HEALTH COM 749084109 2113 80100 SH DEFINED 011619 80100
QUORUM HEALTH COM 749084109 8894 337200 SH DEFINED 011614 337200
RCSB FINL INC COM COM 749371100 220 8500 SH DEFINED 0124 8500
RFS HOTEL COM 74955J108 8215 530000 SH DEFINED 0107 530000
RFS HOTEL COM 74955J108 5324 343500 SH DEFINED 01 343500
ROC COMMUNITIES COM 749650107 7163 300000 SH DEFINED 011618 300000
RPM INC OHIO COM 749685103 0 1 SH DEFINED 0102 1
RAINBOW TECHNOLOGIES COM 750862104 0 1 SH DEFINED 0103 1
RALSTON PURINA GP COM 751277302 2244 35000 SH DEFINED 0124 35000
RALSTON PURINA GP COM 751277302 1225 19100 SH DEFINED 0125 19100
<PAGE> PAGE 61
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
RALSTON PURINA GP COM 751277302 291 4532 SH DEFINED 0102 4532
RALSTON PURINA GP COM 751277302 1046 16313 SH DEFINED 0103 16313
RAYCHEM COM 754603108 15427 214600 SH DEFINED 0102 214600
RAYCHEM COM 754603108 760 10576 SH DEFINED 0103 10576
RAYCHEM COM 754603108 4636 64500 SH DEFINED 01 64500
RAYMOND JAMES FIN COM 754730109 154 6800 SH DEFINED 0124 6800
RAYONIER COM 754907103 6270 165000 SH DEFINED 0128 165000
RAYTHEON COM 755111101 25813 500000 SH DEFINED 0130 500000
RAYTHEON COM 755111101 87763 1700000 SH DEFINED 0126 1700000
RAYTHEON COM 755111101 25813 500000 SH DEFINED 0113 500000
RAYTHEON COM 755111101 2586 50100 SH DEFINED 0124 50100
RAYTHEON COM 755111101 1182 22900 SH DEFINED 0125 22900
RAYTHEON COM 755111101 41300 800000 SH DEFINED 011618 800000
RAYTHEON COM 755111101 217 4200 SH DEFINED 0102 4200
RAYTHEON COM 755111101 19359 375000 SH DEFINED 0131 375000
RAYTHEON COM 755111101 2407 46627 SH DEFINED 0103 46627
READ RITE COM 755246105 232 16400 SH DEFINED 0124 16400
READING & BATES CORP COM 755281805 774 35000 SH DEFINED 011620 35000
RECKSON COM 75621K106 4785 145000 SH DEFINED 0107 145000
RED LION COM 756701108 2669 127100 SH DEFINED 0106 127100
RED LION COM 756701108 491 23400 SH DEFINED 01 23400
REEBOK INTERNATIONAL COM 758110100 288 8564 SH DEFINED 0103 8564
REED INTL PLC -SP A COM 758212872 20100 600000 SH DEFINED 011516 600000
REGAL BELOIT COM 758750103 4049 205000 SH DEFINED 0128 205000
REGAL BELOIT COM 758750103 63 3200 SH DEFINED 0124 3200
REGAL CINEMAS COM 758754105 5719 125000 SH DEFINED 0106 125000
REGAL CINEMAS COM 758754105 197 4300 SH DEFINED 0124 4300
REGENERON PHARMACEUT COM 75886F107 109 6300 SH DEFINED 0124 6300
REGIS CORP MINN COM 758932107 89 2850 SH DEFINED 0124 2850
RELIANCE GROUP HOLDI COM 759464100 3750 500000 SH DEFINED 011516 500000
RELIANCE GP HDS WRTS WARRANT 759464118 582 277791 SH DEFINED 0109 277791
RENO AIR INC COM 759741101 1706 150000 SH DEFINED 011619 150000
RENONG 144A CONV BOND 759883AA9 6188 5500000 PRN DEFINED 0112 5500000
RENONG 144A CONV BOND 759883AA9 11250 10000000 PRN DEFINED 0135 10000000
RENONG 144A CONV BOND 759883AA9 6750 6000000 PRN DEFINED 011617 6000000
RENAISSANCE SOLUTION COM 759924103 9222 325000 SH DEFINED 0106 325000
RENAISSANCE SOLUTION COM 759924103 4682 165000 SH DEFINED 011516 165000
REPSOL S.A. ADR COM 76026T205 20850 600000 SH DEFINED 0130 600000
REPSOL S.A. ADR COM 76026T205 27800 800000 SH DEFINED 0113 800000
REPSOL S.A. ADR COM 76026T205 3475 100000 SH DEFINED 0132 100000
REPSOL S.A. ADR COM 76026T205 19113 550000 SH DEFINED 0131 550000
REPSOL S.A. ADR COM 76026T205 869 25000 SH DEFINED 0103 25000
REPUBLIC NY COM 760719104 406 6530 SH DEFINED 0103 6530
RESPIRONICS INC COM 761230101 111 6000 SH DEFINED 0124 6000
RESPIRONICS INC COM 761230101 0 1 SH DEFINED 0102 1
REUTERS HLDS PLC ADR COM 761324201 25375 350000 SH DEFINED 0126 350000
REUTERS HLDS PLC ADR COM 761324201 36250 500000 SH DEFINED 011516 500000
REUTERS HLDS PLC ADR COM 761324201 109 1500 SH DEFINED 0102 1500
REUTERS HLDS PLC ADR COM 761324201 6402 88300 SH DEFINED 0131 88300
REUTERS HLDS PLC ADR COM 761324201 305 4200 SH DEFINED 0103 4200
<PAGE> PAGE 62
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
REVLON COM 761525500 1806 62000 SH DEFINED 011620 62000
REXEL INC COM 761680107 192 13600 SH DEFINED 0124 13600
REYNOLDS & REYNOLDS COM 761695105 143775 2700000 SH DEFINED 0126 2700000
REYNOLDS & REYNOLDS COM 761695105 123 2300 SH DEFINED 0102 2300
REYNOLDS & REYNOLDS COM 761695105 6853 128700 SH DEFINED 0131 128700
REYNOLDS & REYNOLDS COM 761695105 351 6600 SH DEFINED 0103 6600
REYNOLDS & REYNOLDS COM 761695105 3195 60000 SH DEFINED 01 60000
REYNOLDS METALS COM 761763101 1965 37700 SH DEFINED 0124 37700
REYNOLDS METALS COM 761763101 777 14900 SH DEFINED 0125 14900
REYNOLDS METALS COM 761763101 302 5800 SH DEFINED 0102 5800
REYNOLDS METALS COM 761763101 20850 400000 SH DEFINED 0131 400000
REYNOLDS METALS COM 761763101 1508 28933 SH DEFINED 0103 28933
REYNOLDS MET $47.25 CONV PFD STOCK 761763507 13913 300000 SH DEFINED 0113 300000
RHONE POULENC RORER COM 76242T104 90782 1352437 SH DEFINED 0103 1352437
RICHEY ELECTRON 144A CONV BOND 763302AA4 3090 3000000 PRN DEFINED 011614 3000000
RICHFOOD HLDG CL A COM 763408101 6013 185000 SH DEFINED 0108 185000
RICHFOOD HLDG CL A COM 763408101 309 9500 SH DEFINED 0124 9500
RICHFOOD HLDG CL A COM 763408101 2438 75000 SH DEFINED 011619 75000
RICHFOOD HLDG CL A COM 763408101 8775 270000 SH DEFINED 011614 270000
RICHFOOD HLDG CL A COM 763408101 103 3150 SH DEFINED 0102 3150
RICHFOOD HLDG CL A COM 763408101 5525 170000 SH DEFINED 0131 170000
RICHFOOD HLDG CL A COM 763408101 260 8000 SH DEFINED 0103 8000
RIGGS NATL CORP WASH COM 766570105 146 12000 SH DEFINED 0124 12000
RIGGS SER B PFD COM 766570303 2048 72825 SH DEFINED 0109 72825
RISK CAPITAL RE COM 767711104 6869 350000 SH DEFINED 0106 350000
RISK CAPITAL RE COM 767711104 10855 553100 SH DEFINED 0111 553100
RISK CAPITAL RE COM 767711104 1476 75200 SH DEFINED 011622 75200
RISK CAPITAL RE COM 767711104 3387 172600 SH DEFINED 011623 172600
RISK CAPITAL RE COM 767711104 1668 85000 SH DEFINED 011619 85000
RISK CAPITAL RE COM 767711104 1068 54400 SH DEFINED 011620 54400
RISK CAPITAL RE COM 767711104 6480 330200 SH DEFINED 011614 330200
RITE AID COM 767754104 26775 900000 SH DEFINED 0113 900000
RITE AID COM 767754104 1226 41200 SH DEFINED 0124 41200
RITE AID COM 767754104 223 7500 SH DEFINED 0125 7500
RITE AID COM 767754104 1681 56500 SH DEFINED 011620 56500
RITE AID COM 767754104 176 5900 SH DEFINED 0102 5900
RITE AID COM 767754104 17106 575000 SH DEFINED 0131 575000
RITE AID COM 767754104 1334 44809 SH DEFINED 0103 44809
ROBERT HALF INTL INC COM 770323103 24268 870600 SH DEFINED 0102 870600
ROBERT HALF INTL INC COM 770323103 13859 497200 SH DEFINED 0131 497200
ROBERT HALF INTL INC COM 770323103 1154 41400 SH DEFINED 0103 41400
ROBERTS PHARMACEUTIC COM 770491108 115 5700 SH DEFINED 0124 5700
*ROCHE HOLDINGS INC COM 771195104 0 1 SH DEFINED 01 1
ROCHE HLDS PUT99144A CONV BOND 771196AC6 12750 30000000 PRN DEFINED 011618 30000000
ROCKWELL INT CORP COM 774347108 31488 550000 SH DEFINED 0113 550000
ROCKWELL INT CORP COM 774347108 24589 429500 SH DEFINED 0124 429500
ROCKWELL INT CORP COM 774347108 8725 152400 SH DEFINED 0125 152400
ROCKWELL INT CORP COM 774347108 18801 328400 SH DEFINED 0102 328400
ROCKWELL INT CORP COM 774347108 24331 425000 SH DEFINED 0131 425000
ROCKWELL INT CORP COM 774347108 4022 70250 SH DEFINED 0103 70250
<PAGE> PAGE 63
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
ROCKWELL INT CORP COM 774347108 7214 126000 SH DEFINED 01 126000
ROGERS COM LY PUT/98 CONV BOND 775109AD3 23400 65000000 PRN DEFINED 011516 65000000
ROHM & HAAS CO COM 775371107 19139 305000 SH DEFINED 0113 305000
ROHM & HAAS CO COM 775371107 486 7746 SH DEFINED 0103 7746
ROHR INDUSTRIES INC COM 775422108 3144 150600 SH DEFINED 011516 150600
ROHR INDUSTRIES INC COM 775422108 115 5500 SH DEFINED 0102 5500
ROHR INDUSTRIES INC COM 775422108 6285 301100 SH DEFINED 0131 301100
ROHR INDUSTRIES INC COM 775422108 344 16500 SH DEFINED 0103 16500
ROHR INDUSTRIES INC COM 775422108 5156 247000 SH DEFINED 01 247000
ROOSEVELT FINANCIAL COM 776493108 6256 325000 SH DEFINED 0128 325000
ROOSEVELT FINANCIAL COM 776493108 398 20700 SH DEFINED 0124 20700
ROPER INC NEW COM 776696106 112 2300 SH DEFINED 0124 2300
ROSS STORES COM 778296103 229 6600 SH DEFINED 0124 6600
ROWAN COMPANIES INC COM 779382100 146 9912 SH DEFINED 0103 9912
PRICE ROWE INT'L FD COM 77956H203 4 309 SH DEFINED 01 309
ROYAL DUTCH PETE NEW COM 780257705 23063 150000 SH DEFINED 0126 150000
ROYAL DUTCH PETE NEW COM 780257705 34594 225000 SH DEFINED 0113 225000
ROYAL DUTCH PETE NEW COM 780257705 16913 110000 SH DEFINED 0107 110000
ROYAL DUTCH PETE NEW COM 780257705 16574 107792 SH DEFINED 0102 107792
ROYAL DUTCH PETE NEW COM 780257705 26906 175000 SH DEFINED 0131 175000
ROYAL DUTCH PETE NEW COM 780257705 10846 70546 SH DEFINED 0103 70546
ROYAL DUTCH PETE NEW COM 780257705 12639 82200 SH DEFINED 01 82200
KPN ADR COM 780641205 32654 865000 SH DEFINED 0113 865000
KPN ADR COM 780641205 21706 575000 SH DEFINED 0131 575000
KPN ADR COM 780641205 868 23000 SH DEFINED 0103 23000
RUBBERMAID COM 781088109 28613 1050000 SH DEFINED 011516 1050000
RUBBERMAID COM 781088109 0 1 SH DEFINED 0102 1
RUBBERMAID COM 781088109 483 17731 SH DEFINED 0103 17731
RUBY TUESDAY INC COM COM 781182100 113 5000 SH DEFINED 0124 5000
RUSH ENTERPRISE COM 781846100 1238 100000 SH DEFINED 0128 100000
RUSS BERRIE & CO COM 782233100 107 5800 SH DEFINED 0124 5800
RUSSELL CORP COM 782352108 128 4622 SH DEFINED 0103 4622
RUTHERFORD MORAN COM 783286107 2438 100000 SH DEFINED 0135 100000
RYANS FAMILY STEAK COM 783519101 57 6110 SH DEFINED 0103 6110
RYDER SYSTEM COM 783549108 264 9382 SH DEFINED 0103 9382
RYKOFF S E & CO COM 783759103 53 3700 SH DEFINED 0124 3700
RYLAND GROUP INC COM 783764103 51 3400 SH DEFINED 0124 3400
SBC COMMUNICATIONS COM 78387G103 19700 400000 SH DEFINED 0113 400000
SBC COMMUNICATIONS COM 78387G103 6797 138000 SH DEFINED 0132 138000
SBC COMMUNICATIONS COM 78387G103 13298 270000 SH DEFINED 0107 270000
SBC COMMUNICATIONS COM 78387G103 3513 71332 SH DEFINED 0103 71332
SERVICE CORP $50 CONV PFD STOCK 783888209 12078 125000 SH DEFINED 0107 125000
SCI SYSTEMS 144A LIQ CONV BOND 783890AD8 10663 10000000 PRN DEFINED 0130 10000000
SCI SYSTEMS 144A LIQ CONV BOND 783890AD8 26656 25000000 PRN DEFINED 011516 25000000
SCI SYSTEMS INC COM 783890106 500 12300 SH DEFINED 0124 12300
SCI SYSTEMS INC COM 783890106 22344 550000 SH DEFINED 011516 550000
SCI SYSTEMS INC COM 783890106 412 10155 SH DEFINED 0102 10155
SEI CORPORATION COM 784117103 61 2900 SH DEFINED 0124 2900
SGL CARBON COM 784188203 3064 80100 SH DEFINED 0135 80100
SGL CARBON COM 784188203 11601 303300 SH DEFINED 011618 303300
<PAGE> PAGE 64
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
SGL CARBON COM 784188203 2295 60000 SH DEFINED 011619 60000
SGL CARBON COM 784188203 612 16000 SH DEFINED 011620 16000
SGL CARBON COM 784188203 10328 270000 SH DEFINED 011614 270000
SGL CARBON COM 784188203 10492 274200 SH DEFINED 0102 274200
SGL CARBON COM 784188203 82 2150 SH DEFINED 0103 2150
SGL CARBON COM 784188203 5738 150000 SH DEFINED 01 150000
SGS-THOMSON MICROELE COM 784213100 8969 250000 SH DEFINED 0108 250000
SGS-THOMSON MICROELE COM 784213100 19731 550000 SH DEFINED 0126 550000
SGS-THOMSON MICROELE COM 784213100 7175 200000 SH DEFINED 0111 200000
SGS-THOMSON MICROELE COM 784213100 5381 150000 SH DEFINED 0135 150000
SGS-THOMSON MICROELE COM 784213100 25113 700000 SH DEFINED 011516 700000
SGS-THOMSON MICROELE COM 784213100 1076 30000 SH DEFINED 011619 30000
SGS-THOMSON MICROELE COM 784213100 4484 125000 SH DEFINED 011614 125000
SGS-THOMSON MICROELE COM 784213100 64138 1787720 SH DEFINED 0102 1787720
SGS-THOMSON MICROELE COM 784213100 435 12150 SH DEFINED 0103 12150
SGS-THOMSON MICROELE COM 784213100 13431 374365 SH DEFINED 01 374365
SB PFD W/UNTS 9.5 COM 784252207 8500 340000 SH DEFINED 0129 340000
SB PFD W/UNTS 9.5 COM 784252207 10000 400000 SH DEFINED 0104 400000
S3 INCORPORATED COM 784849101 279 22700 SH DEFINED 0124 22700
SAFECO CORP COM 786429100 11320 320000 SH DEFINED 0107 320000
SAFECO CORP COM 786429100 12482 352850 SH DEFINED 0131 352850
SAFECO CORP COM 786429100 1023 28904 SH DEFINED 0103 28904
SAFETY-KLEEN COM 786484105 17500 1000000 SH DEFINED 011516 1000000
SAFETY-KLEEN COM 786484105 120 6840 SH DEFINED 0103 6840
SAFEWAY INC* COM 786514208 11550 350000 SH DEFINED 0108 350000
SAFEWAY INC* COM 786514208 52800 1600000 SH DEFINED 0126 1600000
SAFEWAY INC* COM 786514208 29526 894670 SH DEFINED 0102 894670
SAFEWAY INC* COM 786514208 357 10800 SH DEFINED 0103 10800
SAFEWAY INC* COM 786514208 9537 289000 SH DEFINED 01 289000
ST JOHN KNITS INC COM 790289102 13388 300000 SH DEFINED 0111 300000
ST JOHN KNITS INC COM 790289102 312 7000 SH DEFINED 0124 7000
ST JUDE MEDICAL COM 790849103 117 3500 SH DEFINED 0102 3500
ST JUDE MEDICAL COM 790849103 278 8289 SH DEFINED 0103 8289
ST PAUL BANCORP COM 792848103 67 2900 SH DEFINED 0124 2900
ST PAUL COMPANIES COM 792860108 30763 575000 SH DEFINED 0113 575000
ST PAUL COMPANIES COM 792860108 22738 425000 SH DEFINED 0131 425000
ST PAUL COMPANIES COM 792860108 4334 81008 SH DEFINED 0103 81008
SAKS FIFTH AVENUE COM 79377R109 1911 56000 SH DEFINED 011619 56000
SAKS FIFTH AVENUE COM 79377R109 549 16100 SH DEFINED 011620 16100
SAKS FIFTH AVENUE COM 79377R109 8873 260000 SH DEFINED 011614 260000
SBH-APPLIED MAT ELK CONV PFD STOCK 7954QBN38 17723 515000 SH DEFINED 0130 515000
SALOMON INC. COM 79549B107 12100 275000 SH DEFINED 0108 275000
SALOMON INC. COM 79549B107 640 14550 SH DEFINED 0103 14550
SALOMON ELK 2 3019 CONV PFD STOCK 79549B412 9711 199200 SH DEFINED 011618 199200
SBH-HEWLETT ELK76 37 CONV PFD STOCK 79549B446 10400 100000 SH DEFINED 011618 100000
SBH-COMPAQ COMPUTER CONV PFD STOCK 79549QBU7 18414 380000 SH DEFINED 0130 380000
SAN DIEGO G&E $25 PREFERRED STOCK 797440831 1543 59500 SH DEFINED 0105 59500
SANMINA CORP COM 800907107 173 6400 SH DEFINED 0124 6400
SANMINA CORP COM 800907107 810 30000 SH DEFINED 011619 30000
SANMINA CORP COM 800907107 4050 150000 SH DEFINED 011614 150000
<PAGE> PAGE 65
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
SANIFILL INC COM 801018102 36938 750000 SH DEFINED 0111 750000
SANIFILL INC COM 801018102 473 9600 SH DEFINED 0124 9600
SANIFILL INC COM 801018102 4433 90000 SH DEFINED 011622 90000
SANIFILL INC COM 801018102 9850 200000 SH DEFINED 011623 200000
SANIFILL INC COM 801018102 2812 57100 SH DEFINED 011619 57100
SANIFILL INC COM 801018102 12785 259600 SH DEFINED 011614 259600
SANIFILL INC COM 801018102 43187 876850 SH DEFINED 0102 876850
SANIFILL INC COM 801018102 7117 144500 SH DEFINED 0131 144500
SANIFILL INC COM 801018102 1694 34400 SH DEFINED 0103 34400
SANTA FE ENERGY RES COM 802012104 3859 325000 SH DEFINED 011614 325000
SANTA FE ENERGY RES COM 802012104 126 10592 SH DEFINED 0103 10592
SANTA FE PAC GOLD CO COM 802176107 218 15415 SH DEFINED 0103 15415
SANTA ISABELLA COM 802233106 3608 130000 SH DEFINED 0135 130000
SARA LEE CORP COM 803111103 1651 51000 SH DEFINED 011620 51000
SARA LEE CORP COM 803111103 1835 56694 SH DEFINED 0103 56694
SCANDINAVIAN BROAD CONV BOND 805906AA2 16219 15000000 PRN DEFINED 0130 15000000
SCANDINAVIAN BROAD CONV BOND 805906AA2 6488 6000000 PRN DEFINED 0104 6000000
SCANDINAVIAN BROAD CONV BOND 805906AA2 4325 4000000 PRN DEFINED 0109 4000000
SCANDINAVIAN BROAD CONV BOND 805906AA2 4866 4500000 PRN DEFINED 0135 4500000
SCANDINAVIAN BROAD CONV BOND 805906AA2 5406 5000000 PRN DEFINED 011621 5000000
HENRY SCHEIN INC COM 806407102 16065 420000 SH DEFINED 011516 420000
SCHERING PLOUGH COM 806605101 34513 550000 SH DEFINED 0130 550000
SCHERING PLOUGH COM 806605101 17256 275000 SH DEFINED 0113 275000
SCHERING PLOUGH COM 806605101 21686 345600 SH DEFINED 0124 345600
SCHERING PLOUGH COM 806605101 7517 119800 SH DEFINED 0125 119800
SCHERING PLOUGH COM 806605101 2234 35600 SH DEFINED 011620 35600
SCHERING PLOUGH COM 806605101 60162 958685 SH DEFINED 0102 958685
SCHERING PLOUGH COM 806605101 18825 300000 SH DEFINED 0131 300000
SCHERING PLOUGH COM 806605101 4943 78772 SH DEFINED 0103 78772
SCHERING PLOUGH COM 806605101 5334 85000 SH DEFINED 01 85000
SCHLUMBERGER LTD COM 806857108 29488 350000 SH DEFINED 0130 350000
SCHLUMBERGER LTD COM 806857108 8425 100000 SH DEFINED 0108 100000
SCHLUMBERGER LTD COM 806857108 58975 700000 SH DEFINED 0126 700000
SCHLUMBERGER LTD COM 806857108 33700 400000 SH DEFINED 0111 400000
SCHLUMBERGER LTD COM 806857108 4213 50000 SH DEFINED 0135 50000
SCHLUMBERGER LTD COM 806857108 4213 50000 SH DEFINED 011622 50000
SCHLUMBERGER LTD COM 806857108 8425 100000 SH DEFINED 011623 100000
SCHLUMBERGER LTD COM 806857108 10531 125000 SH DEFINED 011614 125000
SCHLUMBERGER LTD COM 806857108 1260 14947 SH DEFINED 0102 14947
SCHLUMBERGER LTD COM 806857108 2387 28336 SH DEFINED 0103 28336
SCHLUMBERGER LTD COM 806857108 421 5000 SH DEFINED 01 5000
SCHWAB CHARLES CORP COM 808513105 1348 55000 SH DEFINED 011620 55000
SCIENTIFIC ATLANTA COM 808655104 140 9053 SH DEFINED 0103 9053
SCOTTS CO CLA COM 810186106 77 4400 SH DEFINED 0124 4400
SEAGRAM LTD COM 811850106 1472 43776 SH DEFINED 0103 43776
SEAGULL ENERGY CORP COM 812007102 3025 121000 SH DEFINED 011619 121000
SEAGULL ENERGY CORP COM 812007102 11825 473000 SH DEFINED 011614 473000
SEALED AIR CORP COM 812115103 7566 225000 SH DEFINED 0106 225000
SEALED AIR CORP COM 812115103 2051 61000 SH DEFINED 011619 61000
SEALED AIR CORP COM 812115103 9079 270000 SH DEFINED 011614 270000
<PAGE> PAGE 66
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
SEALED AIR CORP COM 812115103 2068 61500 SH DEFINED 01 61500
SEARS ROEBUCK & CO COM 812387108 63187 1299405 SH DEFINED 0102 1299405
SEARS ROEBUCK & CO COM 812387108 2221 45673 SH DEFINED 0103 45673
SEATRAIN LINES COM 812557205 19 621353 SH DEFINED 0102 621353
2ND GLASTONBURY PROP COM 813200995 0 99 SH DEFINED 0102 99
SECURE CO COM 813705100 14904 648000 SH DEFINED 011516 648000
SECURITY CAPITAL IND COM 814138103 3525 200000 SH DEFINED 0132 200000
SECURITY PACIFIC TRT CONV PFD STOCK 814141206 3583 136500 SH DEFINED 0104 136500
SECURITY PACIFIC TRT CONV PFD STOCK 814141206 1929 73500 SH DEFINED 011621 73500
SEITEL INC COM 816074306 33 1200 SH DEFINED 0124 1200
SELECTIVE INS GROUP COM 816300107 72 2200 SH DEFINED 0124 2200
SENSORMATIC ELECT COM 817265101 50763 3100000 SH DEFINED 011516 3100000
SEQUES PHARMACEUTICA COM 817471105 139 7000 SH DEFINED 0124 7000
SERVICE CORP INTL COM 817565104 23000 400000 SH DEFINED 0130 400000
SERVICE CORP INTL COM 817565104 46000 800000 SH DEFINED 0111 800000
SERVICE CORP INTL COM 817565104 20798 361700 SH DEFINED 0124 361700
SERVICE CORP INTL COM 817565104 7487 130200 SH DEFINED 0125 130200
SERVICE CORP INTL COM 817565104 3738 65000 SH DEFINED 011622 65000
SERVICE CORP INTL COM 817565104 8338 145000 SH DEFINED 011623 145000
SERVICE CORP INTL COM 817565104 17250 300000 SH DEFINED 011618 300000
SERVICE CORP INTL COM 817565104 1610 28000 SH DEFINED 011620 28000
SERVICE CORP INTL COM 817565104 15310 266200 SH DEFINED 0102 266200
SERVICE CORP INTL COM 817565104 11506 200100 SH DEFINED 0131 200100
SERVICE CORP INTL COM 817565104 2987 51938 SH DEFINED 0103 51938
SHARED MED SYSTEMS COM 819486101 177 2752 SH DEFINED 0103 2752
SHERWIN WILLIAMS COM 824348106 15113 325000 SH DEFINED 0108 325000
SHERWIN WILLIAMS COM 824348106 1051 22600 SH DEFINED 0124 22600
SHERWIN WILLIAMS COM 824348106 744 16000 SH DEFINED 0125 16000
SHERWIN WILLIAMS COM 824348106 64435 1385665 SH DEFINED 0102 1385665
SHERWIN WILLIAMS COM 824348106 616 13249 SH DEFINED 0103 13249
SHERWIN WILLIAMS COM 824348106 47 1000 SH DEFINED 01 1000
SHIVA CORP COM 824851109 8000 100000 SH DEFINED 0106 100000
SHOPKO STORES COM 824911101 18703 1159872 SH DEFINED 0103 1159872
SHONEYS INC COM 825039100 53 4914 SH DEFINED 0103 4914
SHOREWOOD PACKAGING COM 825229107 18 1200 SH DEFINED 0124 1200
SHOWBOAT INC COM 825390107 148 4900 SH DEFINED 0124 4900
SIDERAR ADR 144A COM 825862105 4100 200000 SH DEFINED 0135 200000
SIEBE ADR COM 826166209 39 1380 SH DEFINED 01 1380
SIERRA HEALTH SERVIC COM 826322109 284 9000 SH DEFINED 0124 9000
SIERRA PACIFIC RES COM 826425100 4060 160000 SH DEFINED 0128 160000
SIERRA PACIFIC RES COM 826425100 5075 200000 SH DEFINED 0132 200000
SIERRA PACIFIC RES COM 826425100 69 2700 SH DEFINED 0124 2700
SIGMA-ALDRICH COM 826552101 91 1700 SH DEFINED 011619 1700
SIGMA-ALDRICH COM 826552101 444 8300 SH DEFINED 011614 8300
SIGMA-ALDRICH COM 826552101 14978 280026 SH DEFINED 0102 280026
SIGMA-ALDRICH COM 826552101 508 9504 SH DEFINED 0103 9504
SIGNET BANKING CORP COM 826681108 2200 94620 SH DEFINED 0103 94620
SIG CORP COM 826912107 2528 73000 SH DEFINED 0132 73000
SIL GR PT 11/98 144A CONV BOND 827056AB8 9900 20000000 PRN DEFINED 011618 20000000
SILICON GRAPHICS INC COM 827056102 24000 1000000 SH DEFINED 0130 1000000
<PAGE> PAGE 67
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
SILICON GRAPHICS INC COM 827056102 16800 700000 SH DEFINED 0111 700000
SILICON GRAPHICS INC COM 827056102 9310 387900 SH DEFINED 0124 387900
SILICON GRAPHICS INC COM 827056102 2234 93100 SH DEFINED 0125 93100
SILICON GRAPHICS INC COM 827056102 141937 5914220 SH DEFINED 0102 5914220
SILICON GRAPHICS INC COM 827056102 1579 65796 SH DEFINED 0103 65796
SILICON GRAPHICS INC COM 827056102 4171 173800 SH DEFINED 01 173800
SIMON PROP COM 828805101 12250 500000 SH DEFINED 0130 500000
SIMON PROP COM 828805101 14700 600000 SH DEFINED 0113 600000
SIMON PROP COM 828805101 4410 180000 SH DEFINED 0128 180000
SIMON PROP COM 828805101 6125 250000 SH DEFINED 0132 250000
SIMON PROP COM 828805101 5023 205000 SH DEFINED 0107 205000
SIMON PROP COM 828805101 12250 500000 SH DEFINED 0131 500000
SIMON PROP COM 828805101 735 30000 SH DEFINED 0103 30000
SINCLAIR BROADCASTIN COM 829226109 935 21500 SH DEFINED 011620 21500
SIPEX CORP COM 829909100 7000 327500 SH DEFINED 0106 327500
SMITH (A O) CORP COM 831865209 353 14100 SH DEFINED 0124 14100
SMITH INTL COM 832110100 1506 50000 SH DEFINED 011619 50000
SMITH INTL COM 832110100 6025 200000 SH DEFINED 011614 200000
SMITH INTL COM 832110100 56 1850 SH DEFINED 0102 1850
SMITH INTL COM 832110100 3046 101100 SH DEFINED 0131 101100
SMITH INTL COM 832110100 175 5800 SH DEFINED 0103 5800
SMITHFIELD FOODS INC COM 832248108 68 2700 SH DEFINED 0124 2700
SMITHKLN BCHM PLCADR COM 832378301 27188 500000 SH DEFINED 0130 500000
SMITHKLN BCHM PLCADR COM 832378301 12234 225000 SH DEFINED 0108 225000
SMITHKLN BCHM PLCADR COM 832378301 65250 1200000 SH DEFINED 0126 1200000
SMITHKLN BCHM PLCADR COM 832378301 35344 650000 SH DEFINED 0113 650000
SMITHKLN BCHM PLCADR COM 832378301 6797 125000 SH DEFINED 0135 125000
SMITHKLN BCHM PLCADR COM 832378301 14953 275000 SH DEFINED 0107 275000
SMITHKLN BCHM PLCADR COM 832378301 16313 300000 SH DEFINED 011618 300000
SMITHKLN BCHM PLCADR COM 832378301 352 6500 SH DEFINED 0102 6500
SMITHKLN BCHM PLCADR COM 832378301 25828 475000 SH DEFINED 0131 475000
SMITHKLN BCHM PLCADR COM 832378301 1033 19000 SH DEFINED 0103 19000
SMITH'S FOOD & DRUG COM 832388102 160 6700 SH DEFINED 0124 6700
SNAP ON INC COM 833034101 2369 50000 SH DEFINED 011619 50000
SNAP ON INC COM 833034101 2653 56000 SH DEFINED 011620 56000
SNAP ON INC COM 833034101 9475 200000 SH DEFINED 011614 200000
SNAP ON INC COM 833034101 227 4786 SH DEFINED 0103 4786
SNYDER OIL CORP COM 833482102 34 3400 SH DEFINED 0124 3400
SOFAMOR/DANEK GROUP* COM 834005100 783 28200 SH DEFINED 011619 28200
SOFAMOR/DANEK GROUP* COM 834005100 3355 120900 SH DEFINED 011614 120900
SOFAMOR/DANEK GROUP* COM 834005100 10058 362450 SH DEFINED 0102 362450
SOFAMOR/DANEK GROUP* COM 834005100 3552 128000 SH DEFINED 0131 128000
SOFAMOR/DANEK GROUP* COM 834005100 430 15500 SH DEFINED 0103 15500
SOFTKEY CONV BOND 83402NAA7 11888 15000000 PRN DEFINED 0130 15000000
SOFTKEY CONV BOND 83402NAA7 9510 12000000 PRN DEFINED 0104 12000000
SOFTKEY CONV BOND 83402NAA7 19813 25000000 PRN DEFINED 0106 25000000
SOFTKEY CONV BOND 83402NAA7 1981 2500000 PRN DEFINED 0109 2500000
SOFTKEY CONV BOND 83402NAA7 8718 11000000 PRN DEFINED 0107 11000000
SOFTKEY CONV BOND 83402NAA7 3963 5000000 PRN DEFINED 011621 5000000
SOFTKEY CONV BOND 83402NAA7 6340 8000000 PRN DEFINED 011618 8000000
<PAGE> PAGE 68
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
SOFTKEY INTL INC COM 83402N109 3219 170000 SH DEFINED 0128 170000
SOFTBRIDGE MICRO SYS COM 834020992 135 13500 SH DEFINED 01 13500
SOLA INTL COM 834092108 5750 200000 SH DEFINED 0111 200000
SOLA INTL COM 834092108 81 2800 SH DEFINED 0124 2800
SOLA INTL COM 834092108 863 30000 SH DEFINED 011622 30000
SOLA INTL COM 834092108 2013 70000 SH DEFINED 011623 70000
SOLA INTL COM 834092108 12166 423100 SH DEFINED 0102 423100
SOLA INTL COM 834092108 270 9400 SH DEFINED 0103 9400
SOLECTRON CORP COM 834182107 9469 250000 SH DEFINED 0108 250000
SOLECTRON CORP COM 834182107 4734 125000 SH DEFINED 0128 125000
SOLECTRON CORP COM 834182107 9469 250000 SH DEFINED 0106 250000
SOLECTRON CORP COM 834182107 30300 800000 SH DEFINED 0111 800000
SOLECTRON CORP COM 834182107 3030 80000 SH DEFINED 011622 80000
SOLECTRON CORP COM 834182107 6060 160000 SH DEFINED 011623 160000
SOLECTRON CORP COM 834182107 171 4500 SH DEFINED 0102 4500
SOLECTRON CORP COM 834182107 1364 36000 SH DEFINED 01 36000
SONAT INC COM 835415100 4500 100000 SH DEFINED 0132 100000
SONAT INC COM 835415100 2565 57000 SH DEFINED 011619 57000
SONAT INC COM 835415100 10935 243000 SH DEFINED 011614 243000
SONAT INC COM 835415100 454 10079 SH DEFINED 0103 10079
SONAT OFFSHORE DRILL COM 835420100 510 10100 SH DEFINED 0124 10100
SONAT OFFSHORE DRILL COM 835420100 152 3000 SH DEFINED 0102 3000
SONIC CORP COM 835451105 165 6800 SH DEFINED 0124 6800
SONY CORP ADRS COM 835699307 4675 70700 SH DEFINED 0135 70700
SONY CORP ADRS COM 835699307 52900 800000 SH DEFINED 011516 800000
SOUTH WEST PRPRTY TR COM 840649107 3745 280000 SH DEFINED 0107 280000
SOUTHDOWN WARRANTS WARRANT 841297997 319 50000 SH DEFINED 0109 50000
SOUTHDOWN WARRANTS WARRANT 841297997 191 30000 SH DEFINED 011621 30000
SE ASIA FRONTIER PPD COM 841335995 1313 250000 SH DEFINED 0135 250000
SO CA EDISON $100 PREFERRED STOCK 842400772 1893 20000 SH DEFINED 0105 20000
SO CA EDISON $100 PREFERRED STOCK 842400780 20488 202250 SH DEFINED 0105 202250
SO CA EDISON $100 PREFERRED STOCK 842400780 4913 48500 SH DEFINED 01 48500
SO CA EDISON $100 PREFERRED STOCK 842400780 2026 20000 SH DEFINED 01 20000
SO CA EDISON $100 PREFERRED STOCK 842400780 507 5000 SH DEFINED 0116 5000
SOUTHERN CO. COM 842587107 12682 515000 SH DEFINED 0107 515000
SOUTHERN CO. COM 842587107 1922 78042 SH DEFINED 0103 78042
SO INDIANA G&E 100 PREFERRED STOCK 8431634@2 7232 75000 SH DEFINED 0105 75000
SOUTHERN NEW ENG TEL COM 843485103 12600 300000 SH DEFINED 0132 300000
SOUTHTRUST CORP COM 844730101 22500 800000 SH DEFINED 011516 800000
SOUTHWEST AIRLINES COM 844741108 14563 500000 SH DEFINED 011618 500000
SOUTHWEST AIRLINES COM 844741108 1267 43500 SH DEFINED 011619 43500
SOUTHWEST AIRLINES COM 844741108 2097 72000 SH DEFINED 011620 72000
SOUTHWEST AIRLINES COM 844741108 5432 186500 SH DEFINED 011614 186500
SOUTHWEST AIRLINES COM 844741108 174 6000 SH DEFINED 0102 6000
SOUTHWEST AIRLINES COM 844741108 491 16855 SH DEFINED 0103 16855
SOUTHWEST GAS CORP COM 844895102 120 7500 SH DEFINED 0124 7500
SOUTHWESTERN ENERGY COM 845467109 247 17500 SH DEFINED 0124 17500
SOVEREIGN BANCORP IN COM 845905108 75 7500 SH DEFINED 0124 7500
SPECIALTY FOODS ACQ COM 847498102 150 300000 SH DEFINED 0109 300000
SPECIALTY FOODS ACQ COM 847498102 8 15000 SH DEFINED 011621 15000
<PAGE> PAGE 69
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
SPECTRALINK COM 847580107 6256 650000 SH DEFINED 0106 650000
SPINE TECH COM 848927109 7975 275000 SH DEFINED 0106 275000
SPINE TECH COM 848927109 2030 70000 SH DEFINED 01 70000
SPORTS AUTHORITY COM 849176102 200 6100 SH DEFINED 0124 6100
SPRINGS INDS INC COM 851783100 120 2380 SH DEFINED 0103 2380
SPRINT CORP COM 852061100 2140 50961 SH DEFINED 0103 50961
STABLE CAPITAL FUND COM 852300987 1037736 85643002 SH DEFINED 0103 85643002
STANDARD PRODUCTS CO COM 853836104 140 6000 SH DEFINED 0124 6000
STANDEX INTERNATIONA COM 854231107 103 3600 SH DEFINED 0124 3600
STANLEY WORKS THE COM 854616109 302 10148 SH DEFINED 0103 10148
STATE STREET BOSTON COM 857473102 22950 450000 SH DEFINED 0126 450000
STATE STREET BOSTON COM 857473102 87975 1725000 SH DEFINED 011516 1725000
STATION CASINO COM 857689103 3738 260000 SH DEFINED 0128 260000
STATION CASINO COM 857689103 24438 1700000 SH DEFINED 011516 1700000
STATION CASINOS $50 CONV PFD STOCK 857689202 6325 110000 SH DEFINED 0130 110000
STATION CASINOS $50 CONV PFD STOCK 857689202 1725 30000 SH DEFINED 0104 30000
STATION CASINOS $50 CONV PFD STOCK 857689202 2875 50000 SH DEFINED 0109 50000
STATION CASINOS $50 CONV PFD STOCK 857689202 863 15000 SH DEFINED 0124 15000
STATION CASINOS $50 CONV PFD STOCK 857689202 863 15000 SH DEFINED 011621 15000
STEIN MART INC COM 858375108 177 9700 SH DEFINED 0124 9700
STERIS CORP COM 859152100 368 11500 SH DEFINED 0124 11500
STERIS CORP COM 859152100 30400 950000 SH DEFINED 011516 950000
STERIS CORP COM 859152100 2304 72000 SH DEFINED 011619 72000
STERIS CORP COM 859152100 9600 300000 SH DEFINED 011614 300000
STERLING COMMERCE COM 859205106 1856 50000 SH DEFINED 0106 50000
STERLING COMMERCE COM 859205106 18563 500000 SH DEFINED 011516 500000
STERLING COMMERCE COM 859205106 1463 39400 SH DEFINED 0102 39400
STERLING COMMERCE COM 859205106 653 17600 SH DEFINED 0131 17600
STERLING COMMERCE COM 859205106 45 1200 SH DEFINED 0103 1200
STERLING SOFTWARE IN COM 859547101 15400 200000 SH DEFINED 0130 200000
STERLING SOFTWARE IN COM 859547101 16170 210000 SH DEFINED 0106 210000
STERLING SOFTWARE IN COM 859547101 770 10000 SH DEFINED 0124 10000
STERLING SOFTWARE IN COM 859547101 2079 27000 SH DEFINED 011620 27000
STERLING SOFTWARE IN COM 859547101 13860 180000 SH DEFINED 011614 180000
STERLING SOFTWARE IN COM 859547101 12784 166022 SH DEFINED 0102 166022
STERLING SOFTWARE IN COM 859547101 385 5000 SH DEFINED 0103 5000
STEWART & STEVENSON COM 860342104 250 11000 SH DEFINED 01 11000
STEWART ENTERPRISES COM 860370105 136 4350 SH DEFINED 0102 4350
STEWART ENTERPRISES COM 860370105 6563 210000 SH DEFINED 0131 210000
STEWART ENTERPRISES COM 860370105 309 9900 SH DEFINED 0103 9900
STILLWATER MINING COM 860490994 4027 170454 SH DEFINED 0127 170454
STILLWATER MINING CO COM 86074Q102 11813 500000 SH DEFINED 0130 500000
STILLWATER MINING CO COM 86074Q102 8269 350000 SH DEFINED 0106 350000
STILLWATER MINING CO COM 86074Q102 4725 200000 SH DEFINED 0111 200000
STILLWATER MINING CO COM 86074Q102 3237 137000 SH DEFINED 0135 137000
STILLWATER MINING CO COM 86074Q102 11104 470000 SH DEFINED 011516 470000
STILLWATER MINING CO COM 86074Q102 2363 100000 SH DEFINED 011619 100000
STILLWATER MINING CO COM 86074Q102 1701 72000 SH DEFINED 01 72000
STILLWATER MINING COM 86074Q904 10631 450000 SH DEFINED 0135 450000
STONE CONTAINER COM 861589109 49500 3600000 SH DEFINED 011516 3600000
<PAGE> PAGE 70
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
STONE CONTAINER COM 861589109 160 11632 SH DEFINED 0103 11632
STORAGE USA COM 861907103 2903 90000 SH DEFINED 0107 90000
STORAGE USA COM 861907103 6450 200000 SH DEFINED 011618 200000
STORAGE TRUST REALTY COM 861909109 3485 170000 SH DEFINED 0107 170000
STRATACOM INC COM 862683109 56250 1000000 SH DEFINED 0126 1000000
STRATACOM INC COM 862683109 45000 800000 SH DEFINED 0111 800000
STRATACOM INC COM 862683109 4500 80000 SH DEFINED 011622 80000
STRATACOM INC COM 862683109 10125 180000 SH DEFINED 011623 180000
STRATACOM INC COM 862683109 3038 54000 SH DEFINED 011619 54000
STRATACOM INC COM 862683109 12375 220000 SH DEFINED 011614 220000
STRATACOM INC COM 862683109 38876 691050 SH DEFINED 0102 691050
STRATACOM INC COM 862683109 13579 241400 SH DEFINED 0131 241400
STRATACOM INC COM 862683109 1441 25600 SH DEFINED 0103 25600
STRATEGIC DISTR INC COM 862701208 1213 154000 SH DEFINED 011619 154000
STRATEGIST GRWTH COM 86278W103 10 1966 SH DEFINED 01 1966
STRATEGIST GRTH TRND COM 86278W202 13 2631 SH DEFINED 01 2631
STRATEGIST HIGH YLD COM 86278X101 35 6960 SH DEFINED 01 6960
STRATEGIST GVT INC COM 86278X200 41 8146 SH DEFINED 01 8146
STRATEGIST QLTY INC COM 86278X309 17 3360 SH DEFINED 01 3360
STRATEGIST EQTY INC COM 862788106 14 2880 SH DEFINED 01 2880
STRATEGIST TOTAL RET COM 862788205 11 2102 SH DEFINED 01 2102
STRATEGIST BAL FND COM 862788304 9 1871 SH DEFINED 01 1871
STRATEGIST EQTY FND COM 862788403 6 1150 SH DEFINED 01 1150
STRATEGIST TAX FREE COM 862789104 113 22583 SH DEFINED 01 22583
STRATEGIST WORLD INC COM 862790102 41 8264 SH DEFINED 01 8264
STRATEGIST WLD GRTH COM 862790201 34 6830 SH DEFINED 01 6830
STRATUS COMPUTER COM 863155107 725 25000 SH DEFINED 01 25000
STRIDE RITE CORP COM 863314100 48 5849 SH DEFINED 0103 5849
STRYKER CORP COM 863667101 14788 650000 SH DEFINED 011516 650000
STRYKER CORP COM 863667101 341 15000 SH DEFINED 0102 15000
STURM RUGER & CO INC COM 864159108 205 4400 SH DEFINED 0124 4400
SUMMIT PROPERTIES COM 866239106 5888 300000 SH DEFINED 0132 300000
SUMMIT PROPERTIES COM 866239106 3925 200000 SH DEFINED 011618 200000
SUMMIT COM 86627E101 160 11400 SH DEFINED 0124 11400
SUN COMMUNITIES INC COM 866674104 4838 180000 SH DEFINED 0128 180000
SUN COMMUNITIES INC COM 866674104 4434 165000 SH DEFINED 0107 165000
SUN COM 866762107 15188 500000 SH DEFINED 0130 500000
SUN COM 866762107 262 8636 SH DEFINED 0103 8636
SUN MICROSYSTEMS INC COM 866810104 1264 21469 SH DEFINED 0103 21469
SUNBEAM-OSTER INC COM 867071102 721 48850 SH DEFINED 0103 48850
SUNDSTRAND CORP COM 867323107 385 10500 SH DEFINED 0102 10500
SUNDSTRAND CORP COM 867323107 5237 143000 SH DEFINED 01 143000
SUNGLASS HUT COM 86736F106 7313 300000 SH DEFINED 0111 300000
SUNGARD DATA COM 867363103 417 10400 SH DEFINED 0124 10400
SUNGARD DATA COM 867363103 2608 65000 SH DEFINED 011619 65000
SUNGARD DATA COM 867363103 12038 300000 SH DEFINED 011614 300000
SUNSHINE MNG & REFNG COM 867833105 2 1800 SH DEFINED 0124 1800
SUNRISE MEDICAL COM 867910101 194 10100 SH DEFINED 0124 10100
SUNRISE MEDICAL COM 867910101 4867 252817 SH DEFINED 0103 252817
SUNTRUST BANKS INC COM 867914103 981 26517 SH DEFINED 0103 26517
<PAGE> PAGE 71
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
SUPERIOR SERVICES COM 868316100 5950 350000 SH DEFINED 011516 350000
SUPERVALU INC COM 868536103 249 7902 SH DEFINED 0103 7902
SYBASE SOFTWARE COM 871130100 5181 219285 SH DEFINED 01 219285
SYBRON CORP COM 87114F106 18778 751100 SH DEFINED 0106 751100
SYBRON CORP COM 87114F106 355 14200 SH DEFINED 0124 14200
SYBRON CORP COM 87114F106 23331 933200 SH DEFINED 0102 933200
SYBRON CORP COM 87114F106 3899 155971 SH DEFINED 0103 155971
SYBRON CORP COM 87114F106 2000 80000 SH DEFINED 01 80000
SYMBOL TECHNOLOGIES COM 871508107 17800 400000 SH DEFINED 011516 400000
SYMBOL TECHNOLOGIES COM 871508107 2225 50000 SH DEFINED 011619 50000
SYMBOL TECHNOLOGIES COM 871508107 9612 216000 SH DEFINED 011614 216000
SYNOPSYS INC COM 871607107 16896 425050 SH DEFINED 0102 425050
SYNOPSYS INC COM 871607107 8499 213800 SH DEFINED 0131 213800
SYNOPSYS INC COM 871607107 826 20800 SH DEFINED 0103 20800
SYNOPTICS COMM 144A CONV BOND 871609AA1 18150 20000000 PRN DEFINED 0130 20000000
SYSCO CORPORATION COM 871829107 11577 338000 SH DEFINED 0108 338000
SYSCO CORPORATION COM 871829107 0 1 SH DEFINED 0102 1
SYSCO CORPORATION COM 871829107 729 21278 SH DEFINED 0103 21278
SYSTEM SOFTWARE ASSC COM 871839106 8925 525000 SH DEFINED 0106 525000
SYSTEM SOFTWARE ASSC COM 871839106 197 11600 SH DEFINED 0124 11600
SYSTEM SOFTWARE ASSC COM 871839106 1360 80000 SH DEFINED 01 80000
TCF FINL CORP MPLS COM 872275102 2328 70000 SH DEFINED 0108 70000
TCF FINL CORP MPLS COM 872275102 5486 165000 SH DEFINED 0128 165000
TCF FINL CORP MPLS COM 872275102 323 9700 SH DEFINED 0124 9700
TCSI CORP COM 87233R106 1474 61100 SH DEFINED 011619 61100
TCSI CORP COM 87233R106 5522 228900 SH DEFINED 011614 228900
TECO ENERGY COM 872375100 10731 425000 SH DEFINED 0132 425000
TIG HOLDINGS COM 872469101 10150 350000 SH DEFINED 0108 350000
TIG HOLDINGS COM 872469101 2088 72000 SH DEFINED 011619 72000
TIG HOLDINGS COM 872469101 10440 360000 SH DEFINED 011614 360000
TIG HOLDINGS COM 872469101 60861 2098422 SH DEFINED 0102 2098422
TIG HOLDINGS COM 872469101 88 3050 SH DEFINED 0103 3050
TJX COS COM 872540109 4253 126000 SH DEFINED 011619 126000
TJX COS COM 872540109 18563 550000 SH DEFINED 011614 550000
TJX COS COM 872540109 286 8478 SH DEFINED 0103 8478
TNP ENTERPRISES INC COM 872594106 99 3500 SH DEFINED 0124 3500
TRW COM 872649108 687 7645 SH DEFINED 0103 7645
TRW COM 872649108 5527 61500 SH DEFINED 01 61500
TSL HOLDINGS INC COM 872918107 0 15 SH DEFINED 0102 15
TSL HOLDINGS INC COM 872918107 0 2 SH DEFINED 0103 2
TAIWAN FUND COM 874036106 6720 280000 SH DEFINED 0112 280000
TAIWAN FUND COM 874036106 3600 150000 SH DEFINED 0135 150000
TAIWAN FUND COM 874036106 7747 322800 SH DEFINED 011617 322800
TANDEM COMPUTERS COM 875370108 170 13777 SH DEFINED 0103 13777
TANDY CORP COM 875382103 336 7101 SH DEFINED 0103 7101
TAUBMAN CENTERS INC COM 876664103 12238 1100000 SH DEFINED 0113 1100000
TECH DATA CORP COM 878237106 21206 975000 SH DEFINED 0106 975000
TECH DATA CORP COM 878237106 265 12200 SH DEFINED 0124 12200
TECH DATA CORP COM 878237106 2100 96530 SH DEFINED 01 96530
TECHNE CORP COM 878377100 2340 80000 SH DEFINED 011619 80000
<PAGE> PAGE 72
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
TECNOL MEDICAL PRODU COM 878755107 3850 200000 SH DEFINED 0128 200000
TECNOL MEDICAL PRODU COM 878755107 67 3500 SH DEFINED 0124 3500
TEKTRONIX COM 879131100 171 3822 SH DEFINED 0103 3822
TEL-SAVE HOLDINGS COM 879176105 2338 110000 SH DEFINED 011619 110000
TEL-SAVE HOLDINGS COM 879176105 9456 445000 SH DEFINED 011614 445000
TELE COMMUN INTL INC CONV BOND 87924HAA0 8913 10000000 PRN DEFINED 0130 10000000
TELE COMMUN INTL INC CONV BOND 87924HAA0 4233 4750000 PRN DEFINED 0135 4750000
TELE COMMUN INTL INC CONV BOND 87924HAA0 223 250000 PRN DEFINED 011620 250000
TELE-COMMUNICATION A COM 87924V101 175 9640 SH DEFINED 0102 9640
TELE-COMMUNICATION A COM 87924V101 1386 76485 SH DEFINED 0103 76485
LIBERTY MEDIA CL A COM 87924V507 961 36250 SH DEFINED 011620 36250
TELE DANMARK ADS COM 879242105 26644 1050000 SH DEFINED 0113 1050000
TELE DANMARK ADS COM 879242105 20300 800000 SH DEFINED 0131 800000
TELE DANMARK ADS COM 879242105 837 33000 SH DEFINED 0103 33000
TELE DANMARK ADS COM 879242105 8935 352120 SH DEFINED 01 352120
TELEBRAS ADR COM 879287100 10444 150000 SH DEFINED 0132 150000
TELEBRAS ADR COM 879287100 11836 170000 SH DEFINED 0124 170000
TELEBRAS ADR COM 879287100 23673 340000 SH DEFINED 0112 340000
TELEBRAS ADR COM 879287100 8703 125000 SH DEFINED 0135 125000
TELEBRAS ADR COM 879287100 31331 450000 SH DEFINED 011617 450000
TELEDYNE COM 879335107 239 6613 SH DEFINED 0103 6613
TELEFLEX INC COM 879369106 10266 215000 SH DEFINED 0108 215000
TELEFONICA DE ESPANA COM 879382208 15986 290000 SH DEFINED 0132 290000
TELEFONICA DE ESPANA COM 879382208 11025 200000 SH DEFINED 0135 200000
TELEFONICA DE ESPANA COM 879382208 2701 49000 SH DEFINED 011620 49000
TELEFONOS DE MEXICO COM 879403780 7906 236000 SH DEFINED 01 236000
TELLABS COM 879664100 66875 1000000 SH DEFINED 0126 1000000
TELLABS COM 879664100 80250 1200000 SH DEFINED 0111 1200000
TELLABS COM 879664100 10031 150000 SH DEFINED 011622 150000
TELLABS COM 879664100 20063 300000 SH DEFINED 011623 300000
TELLABS COM 879664100 54850 820182 SH DEFINED 0102 820182
TELLABS COM 879664100 18090 270500 SH DEFINED 0131 270500
TELLABS COM 879664100 3148 47077 SH DEFINED 0103 47077
TEMPEST REINS PRIVAT COM 8798009A0 11150 80000 SH DEFINED 0108 80000
TEMPEST REINS PRIVAT COM 8798009A0 4181 30000 SH DEFINED 0128 30000
TEMPEST REINS PRIVAT COM 8798009A0 11150 80000 SH DEFINED 0124 80000
TEMPEST REINS PRIVAT COM 8798009A0 10731 77000 SH DEFINED 0131 77000
TEMPEST REINS PRIVAT COM 8798009A0 418 3000 SH DEFINED 0103 3000
TEMPLE INLAND COM 879868107 1604 34300 SH DEFINED 0124 34300
TEMPLE INLAND COM 879868107 584 12500 SH DEFINED 0125 12500
TEMPLE INLAND COM 879868107 112 2400 SH DEFINED 0102 2400
TEMPLE INLAND COM 879868107 444 9502 SH DEFINED 0103 9502
TENCOR INSTRUMENTS COM 880323100 7550 400000 SH DEFINED 0106 400000
TENET HEALTHCARE COR COM 88033G100 14963 700000 SH DEFINED 0130 700000
TENET HEALTHCARE COR COM 88033G100 9619 450000 SH DEFINED 0108 450000
TENET HEALTHCARE COR COM 88033G100 23513 1100000 SH DEFINED 011516 1100000
TENET HEALTHCARE COR COM 88033G100 524 24497 SH DEFINED 0103 24497
TENET HEALTHCARE COR COM 88033G100 107 5000 SH DEFINED 01 5000
TENNECO INC COM 880370101 3170 62000 SH DEFINED 0124 62000
TENNECO INC COM 880370101 1539 30100 SH DEFINED 0125 30100
<PAGE> PAGE 73
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
TENNECO INC COM 880370101 234 4600 SH DEFINED 0102 4600
TENNECO INC COM 880370101 1373 26859 SH DEFINED 0103 26859
TENNECO INC COM 880370101 8633 168864 SH DEFINED 01 168864
TENNECO SRS B $100 PREFERRED STOCK 880370721 3807 37973 SH DEFINED 0105 37973
TENNECO SRS B $100 PREFERRED STOCK 880370721 765 7634 SH DEFINED 01 7634
TENNECO SRS B $100 PREFERRED STOCK 880370721 193 1926 SH DEFINED 01 1926
TETRA TECHNOLOGIES COM 88162F105 70 4000 SH DEFINED 0124 4000
TEXACO COM 881694103 25163 300000 SH DEFINED 0113 300000
TEXACO COM 881694103 3355 40000 SH DEFINED 0132 40000
TEXACO COM 881694103 13068 155800 SH DEFINED 0107 155800
TEXACO COM 881694103 14678 175000 SH DEFINED 0131 175000
TEXACO COM 881694103 3182 37936 SH DEFINED 0103 37936
TEXAS INDUSTRIES COM 882491103 220 3200 SH DEFINED 0124 3200
TEXAS INSTRUMENTS COM 882508104 1103 22113 SH DEFINED 0103 22113
TEXAS UTILITIES COM 882848104 1131 26451 SH DEFINED 0103 26451
TEXAS UTILITIES PREFERRED STOCK 882850431 5258 54000 SH DEFINED 0105 54000
TEXTRON INC COM 883203101 20065 251200 SH DEFINED 0113 251200
TEXTRON INC COM 883203101 17996 225300 SH DEFINED 0131 225300
TEXTRON INC COM 883203101 1433 17938 SH DEFINED 0103 17938
THERATECH INC UTAH COM 883383101 46 2400 SH DEFINED 0124 2400
THERMO ELECTRON CVT CONV BOND 883556AF9 1964 1600000 PRN DEFINED 011619 1600000
THERMO ELECTRON CVT CONV BOND 883556AF9 9206 7500000 PRN DEFINED 011614 7500000
THERMO-ELECTRON COM 883556102 11239 270000 SH DEFINED 011614 270000
THERMO SENTRON COM 883593105 2240 140000 SH DEFINED 011619 140000
THERMEDICS INC COM 883901100 9166 366450 SH DEFINED 0102 366450
THERMEDICS INC COM 883901100 293 11700 SH DEFINED 0103 11700
THIOKOL CORP COM 884103102 7023 177800 SH DEFINED 0108 177800
THOMAS & BETTS COM 884315102 14063 375000 SH DEFINED 0107 375000
THOMAS & BETTS COM 884315102 20625 550000 SH DEFINED 0131 550000
THOMAS & BETTS COM 884315102 1003 26743 SH DEFINED 0103 26743
THOMAS & BETTS COM 884315102 3000 80000 SH DEFINED 01 80000
3 COM CORP COM 885535104 84638 1850000 SH DEFINED 0126 1850000
3 COM CORP COM 885535104 18300 400000 SH DEFINED 0106 400000
3 COM CORP COM 885535104 8487 185500 SH DEFINED 0124 185500
3 COM CORP COM 885535104 2297 50200 SH DEFINED 0125 50200
3 COM CORP COM 885535104 29738 650000 SH DEFINED 011618 650000
3 COM CORP COM 885535104 247149 5402131 SH DEFINED 0102 5402131
3 COM CORP COM 885535104 20565 449500 SH DEFINED 0131 449500
3 COM CORP COM 885535104 4801 104963 SH DEFINED 0103 104963
3 COM CORP COM 885535104 13634 298000 SH DEFINED 01 298000
THRIFTY PAYLESS COM 885871202 117 6800 SH DEFINED 0102 6800
THRIFTY PAYLESS COM 885871202 6743 390900 SH DEFINED 0131 390900
THRIFTY PAYLESS COM 885871202 380 22000 SH DEFINED 0103 22000
TIMBERLAND CO -CL A COM 887100105 63 2700 SH DEFINED 0124 2700
TIME WARNER INC COM 887315109 25513 650000 SH DEFINED 0130 650000
TIME WARNER INC COM 887315109 4906 125000 SH DEFINED 0108 125000
TIME WARNER INC COM 887315109 39250 1000000 SH DEFINED 0126 1000000
TIME WARNER INC COM 887315109 26560 676700 SH DEFINED 0124 676700
TIME WARNER INC COM 887315109 9290 236700 SH DEFINED 0125 236700
TIME WARNER INC COM 887315109 157000 4000000 SH DEFINED 011516 4000000
<PAGE> PAGE 74
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
TIME WARNER INC COM 887315109 19625 500000 SH DEFINED 011618 500000
TIME WARNER INC COM 887315109 3650 93000 SH DEFINED 011620 93000
TIME WARNER INC COM 887315109 39497 1006342 SH DEFINED 0102 1006342
TIME WARNER INC COM 887315109 3630 92482 SH DEFINED 0103 92482
TIME WARNER INC COM 887315109 6546 166770 SH DEFINED 01 166770
TIMES MIRROR CL A COM 887364107 533 12254 SH DEFINED 0103 12254
TIMKEN CO. COM 887389104 129183 3333763 SH DEFINED 0103 3333763
TITANIUM METAL COM 888339108 1327 51300 SH DEFINED 011619 51300
TITANIUM METAL COM 888339108 5623 217300 SH DEFINED 011614 217300
TITANIUM METAL COM 888339108 36 1400 SH DEFINED 0102 1400
TITANIUM METAL COM 888339108 3271 126400 SH DEFINED 0131 126400
TITANIUM METAL COM 888339108 93 3600 SH DEFINED 0103 3600
TOLL BROTHERS COM 889478103 193 11800 SH DEFINED 0124 11800
TOOTSIE ROLL INDS COM 890516107 41040 1152000 SH DEFINED 011516 1152000
TORCHMARK CORP COM 891027104 371 8491 SH DEFINED 0103 8491
TORO CO COM 891092108 166 5000 SH DEFINED 0124 5000
TOSCO CORP COM 891490302 6281 125000 SH DEFINED 0108 125000
TOTAL COM 89151E109 25988 700000 SH DEFINED 0130 700000
TOTAL COM 89151E109 28586 770000 SH DEFINED 011618 770000
TOWER AUTO COM 891707101 7350 300000 SH DEFINED 0128 300000
TOYOTA ADR COM 892331307 1303 26000 SH DEFINED 011620 26000
TOYS R US COM 892335100 5783 202900 SH DEFINED 0131 202900
TOYS R US COM 892335100 7350 257887 SH DEFINED 0103 257887
TRANSACTION NETWORK COM 893414102 6988 325000 SH DEFINED 0106 325000
TRANSAMERICA CORP COM 893485102 651 7958 SH DEFINED 0103 7958
TRANSPORT DE GAS COM 893870204 4900 400000 SH DEFINED 0132 400000
TRANSPACIFIC RES 4% COM 893880997 0 250000 SH DEFINED 0102 250000
TRANSDIGM WARRANTS WARRANT 893900993 527 3989 SH DEFINED 0104 3989
TRANSDIGM WARRANTS WARRANT 893900993 1478 11194 SH DEFINED 0109 11194
TRANZRAIL ADS COM 894116102 2841 204800 SH DEFINED 01 204800
TRAVEL/AETNA PROP COM 894175108 28146 991920 SH DEFINED 0130 991920
TRAVEL/AETNA PROP COM 894175108 14188 500000 SH DEFINED 011618 500000
TRAVEL/AETNA PROP COM 894175108 1297 45700 SH DEFINED 011620 45700
TRAVEL/AETNA PROP COM 894175108 77097 2717030 SH DEFINED 0102 2717030
TRAVEL/AETNA PROP COM 894175108 6089 214600 SH DEFINED 0131 214600
TRAVEL/AETNA PROP COM 894175108 895 31550 SH DEFINED 0103 31550
TRAVEL/AETNA PROP COM 894175108 6540 230500 SH DEFINED 01 230500
TRAVELERS INC NEW COM 894190107 30797 675000 SH DEFINED 0130 675000
TRAVELERS INC NEW COM 894190107 54750 1200000 SH DEFINED 0111 1200000
TRAVELERS INC NEW COM 894190107 5612 123000 SH DEFINED 0124 123000
TRAVELERS INC NEW COM 894190107 2261 49550 SH DEFINED 0125 49550
TRAVELERS INC NEW COM 894190107 34219 750000 SH DEFINED 011618 750000
TRAVELERS INC NEW COM 894190107 2327 51000 SH DEFINED 011620 51000
TRAVELERS INC NEW COM 894190107 43304 949104 SH DEFINED 0102 949104
TRAVELERS INC NEW COM 894190107 4023 88179 SH DEFINED 0103 88179
TRAVELERS INC NEW COM 894190107 6427 140867 SH DEFINED 01 140867
TRAVIS BOATS & MOTOR COM 894363100 990 110000 SH DEFINED 011619 110000
TREX MEDICAL COM 89531R101 2359 125000 SH DEFINED 011619 125000
TRIARC COS INC CL A COM 895927101 48 4200 SH DEFINED 0124 4200
TRIANGLE WIRE & CABL COM 895929107 211 211111 SH DEFINED 0104 211111
<PAGE> PAGE 75
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
TRIANGLE WIRE & CABL COM 895929107 549 548889 SH DEFINED 0109 548889
TRIANGLE WIRE & CABL COM 895929107 84 84444 SH DEFINED 011621 84444
TRIBUNE CO COM 896047107 525 7224 SH DEFINED 0103 7224
TRICO MARINE SVCS COM 896106101 1113 50000 SH DEFINED 011619 50000
TRINITY INDUSTRIES COM 896522109 6800 200000 SH DEFINED 0108 200000
TRINOVA CORP COM 896678109 115 3436 SH DEFINED 0103 3436
TRUE NORTH COMM COM COM 897844106 176 7900 SH DEFINED 0124 7900
TUBOSCOPE COM 898600101 61 5500 SH DEFINED 0124 5500
TUPPERWARE CORP COM 899896104 305 7222 SH DEFINED 0103 7222
TULTEX CORP COM 899900104 274 57668 SH DEFINED 0102 57668
TYCO INTERNATIONAL COM 902120104 15281 375000 SH DEFINED 0108 375000
TYCO INTERNATIONAL COM 902120104 48900 1200000 SH DEFINED 0126 1200000
TYCO INTERNATIONAL COM 902120104 20375 500000 SH DEFINED 0111 500000
TYCO INTERNATIONAL COM 902120104 19181 470700 SH DEFINED 0124 470700
TYCO INTERNATIONAL COM 902120104 5611 137700 SH DEFINED 0125 137700
TYCO INTERNATIONAL COM 902120104 3668 90000 SH DEFINED 011622 90000
TYCO INTERNATIONAL COM 902120104 8150 200000 SH DEFINED 011623 200000
TYCO INTERNATIONAL COM 902120104 40750 1000000 SH DEFINED 011618 1000000
TYCO INTERNATIONAL COM 902120104 3056 75000 SH DEFINED 011619 75000
TYCO INTERNATIONAL COM 902120104 4413 108300 SH DEFINED 011620 108300
TYCO INTERNATIONAL COM 902120104 13448 330000 SH DEFINED 011614 330000
TYCO INTERNATIONAL COM 902120104 25948 636798 SH DEFINED 0102 636798
TYCO INTERNATIONAL COM 902120104 5624 138000 SH DEFINED 0131 138000
TYCO INTERNATIONAL COM 902120104 6468 158723 SH DEFINED 0103 158723
TYCO INTERNATIONAL COM 902120104 7987 196000 SH DEFINED 01 196000
UCAR INTERNATIONAL COM 90262K109 20813 500000 SH DEFINED 0130 500000
UCAR INTERNATIONAL COM 90262K109 8325 200000 SH DEFINED 0108 200000
UCAR INTERNATIONAL COM 90262K109 8325 200000 SH DEFINED 0135 200000
UCAR INTERNATIONAL COM 90262K109 2498 60000 SH DEFINED 011619 60000
UCAR INTERNATIONAL COM 90262K109 3288 79000 SH DEFINED 011620 79000
UCAR INTERNATIONAL COM 90262K109 9990 240000 SH DEFINED 011614 240000
UCAR INTERNATIONAL COM 90262K109 6056 145500 SH DEFINED 01 145500
USX MARATHON GROUP COM 902905827 678 33680 SH DEFINED 0103 33680
UST INC COM 902911106 34250 1000000 SH DEFINED 0113 1000000
UST INC COM 902911106 13700 400000 SH DEFINED 0107 400000
UST INC COM 902911106 23975 700000 SH DEFINED 0131 700000
UST INC COM 902911106 1768 51640 SH DEFINED 0103 51640
UST INC COM 902911106 7151 208800 SH DEFINED 01 208800
USA WASTE SERVICES I COM 902917103 7501 253200 SH DEFINED 011516 253200
UNUM CORP COM 903192102 9338 150000 SH DEFINED 0108 150000
UNUM CORP COM 903192102 52748 847350 SH DEFINED 0126 847350
UNUM CORP COM 903192102 9257 148700 SH DEFINED 0125 148700
UNUM CORP COM 903192102 2179 35000 SH DEFINED 011619 35000
UNUM CORP COM 903192102 3723 59800 SH DEFINED 011620 59800
UNUM CORP COM 903192102 9026 145000 SH DEFINED 011614 145000
UNUM CORP COM 903192102 323524 5197141 SH DEFINED 0102 5197141
UNUM CORP COM 903192102 16141 259300 SH DEFINED 0131 259300
UNUM CORP COM 903192102 4623 74264 SH DEFINED 0103 74264
UNUM CORP COM 903192102 19107 306920 SH DEFINED 01 306920
U S F & G CORP COM 903290104 216 13167 SH DEFINED 0103 13167
<PAGE> PAGE 76
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
USX-US STEEL GROUP COM 90337T101 275 9686 SH DEFINED 0103 9686
US ROBOTICS COM 90338F100 21375 250000 SH DEFINED 0126 250000
US ROBOTICS COM 90338F100 1599 18700 SH DEFINED 011619 18700
US ROBOTICS COM 90338F100 6584 77000 SH DEFINED 011614 77000
US ROBOTICS COM 90338F100 488 5700 SH DEFINED 0102 5700
US ROBOTICS COM 90338F100 13116 153400 SH DEFINED 0131 153400
US ROBOTICS COM 90338F100 4458 52145 SH DEFINED 0103 52145
ULTRAK INC COM 903898401 1541 90000 SH DEFINED 011619 90000
UNIFI, INC. COM 904677101 4500 160000 SH DEFINED 0108 160000
UNILEVER NV NY SHRS COM 904784501 2721 18749 SH DEFINED 0103 18749
UNICOM CORP COM 904911104 22300 800000 SH DEFINED 0113 800000
UNICOM CORP COM 904911104 15256 547300 SH DEFINED 0124 547300
UNICOM CORP COM 904911104 6562 235400 SH DEFINED 0125 235400
UNICOM CORP COM 904911104 873 31300 SH DEFINED 0102 31300
UNICOM CORP COM 904911104 2031 72863 SH DEFINED 0103 72863
UNION CAMP CORP COM 905530101 25594 525000 SH DEFINED 0113 525000
UNION CAMP CORP COM 905530101 10725 220000 SH DEFINED 0107 220000
UNION CAMP CORP COM 905530101 64 1300 SH DEFINED 0102 1300
UNION CAMP CORP COM 905530101 18281 375000 SH DEFINED 0131 375000
UNION CAMP CORP COM 905530101 1335 27383 SH DEFINED 0103 27383
UNION CARBIDE CORP COM 905581104 620 15588 SH DEFINED 0103 15588
UNION ELECTRIC COM 906548102 9056 225000 SH DEFINED 0132 225000
UNION ELECTRIC COM 906548102 481 11960 SH DEFINED 0103 11960
UNION PACIFIC CORP COM 907818108 24456 350000 SH DEFINED 0130 350000
UNION PACIFIC CORP COM 907818108 6988 100000 SH DEFINED 0108 100000
UNION PACIFIC CORP COM 907818108 31444 450000 SH DEFINED 0113 450000
UNION PACIFIC CORP COM 907818108 9866 141200 SH DEFINED 0124 141200
UNION PACIFIC CORP COM 907818108 4717 67500 SH DEFINED 0125 67500
UNION PACIFIC CORP COM 907818108 11180 160000 SH DEFINED 0107 160000
UNION PACIFIC CORP COM 907818108 20963 300000 SH DEFINED 011618 300000
UNION PACIFIC CORP COM 907818108 41797 598240 SH DEFINED 0102 598240
UNION PACIFIC CORP COM 907818108 22709 325000 SH DEFINED 0131 325000
UNION PACIFIC CORP COM 907818108 4314 61730 SH DEFINED 0103 61730
UNION PACIFIC CORP COM 907818108 12753 182500 SH DEFINED 01 182500
UNION PLANTERS CORP COM 908068109 614 20200 SH DEFINED 0124 20200
UNISYS CORP COM 909214108 143 20075 SH DEFINED 0103 20075
UTD DOMINION IND LTD COM 909914103 4600 200020 SH DEFINED 0103 200020
UNITED HEALTHCARE COM 910581107 45450 900000 SH DEFINED 0126 900000
UNITED HEALTHCARE COM 910581107 30300 600000 SH DEFINED 0111 600000
UNITED HEALTHCARE COM 910581107 9959 197200 SH DEFINED 0124 197200
UNITED HEALTHCARE COM 910581107 2555 50600 SH DEFINED 0125 50600
UNITED HEALTHCARE COM 910581107 4974 98500 SH DEFINED 011622 98500
UNITED HEALTHCARE COM 910581107 10741 212700 SH DEFINED 011623 212700
UNITED HEALTHCARE COM 910581107 60600 1200000 SH DEFINED 011516 1200000
UNITED HEALTHCARE COM 910581107 37875 750000 SH DEFINED 011618 750000
UNITED HEALTHCARE COM 910581107 80996 1603783 SH DEFINED 0102 1603783
UNITED HEALTHCARE COM 910581107 1553 30765 SH DEFINED 0103 30765
UNITED HEALTHCARE COM 910581107 5369 106320 SH DEFINED 01 106320
UNITED ILLUM CO COM 910637107 531 14200 SH DEFINED 0124 14200
UNITED MERIDIAN CORP COM 910865104 8100 225000 SH DEFINED 0106 225000
<PAGE> PAGE 77
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
UNITED MERIDIAN CORP COM 910865104 443 12300 SH DEFINED 0124 12300
UNITED MERIDIAN CORP COM 910865104 11880 330000 SH DEFINED 011614 330000
UNITED MERIDIAN CORP COM 910865104 126 3500 SH DEFINED 0102 3500
UNITED MERIDIAN CORP COM 910865104 6959 193300 SH DEFINED 0131 193300
UNITED MERIDIAN CORP COM 910865104 324 9000 SH DEFINED 0103 9000
U.S. BANCORP COM 911596104 648 17934 SH DEFINED 0103 17934
U S FILTER CORP COM 911843209 226 6500 SH DEFINED 0124 6500
U S FILTER CORP COM 911843209 14561 419000 SH DEFINED 0102 419000
U S FILTER CORP COM 911843209 6043 173900 SH DEFINED 0131 173900
U S FILTER CORP COM 911843209 730 21000 SH DEFINED 0103 21000
US AIR GROUP INC. COM 911905107 133 7402 SH DEFINED 0103 7402
US HEALTH CARE INC COM 911910107 989 17981 SH DEFINED 0103 17981
U S HOME CORP COM 911920106 175 7100 SH DEFINED 0124 7100
U. S. SURGICAL CORP COM 912707106 43400 1400000 SH DEFINED 011516 1400000
U. S. SURGICAL CORP COM 912707106 210 6761 SH DEFINED 0103 6761
U S WEST COM 912889102 1758 55150 SH DEFINED 0103 55150
US WEST MEDIA COM 912889201 1008 55232 SH DEFINED 0103 55232
UNITED TECHNOLOGIES COM 913017109 10350 90000 SH DEFINED 0108 90000
UNITED TECHNOLOGIES COM 913017109 92000 800000 SH DEFINED 0126 800000
UNITED TECHNOLOGIES COM 913017109 8050 70000 SH DEFINED 0107 70000
UNITED TECHNOLOGIES COM 913017109 32775 285000 SH DEFINED 011618 285000
UNITED TECHNOLOGIES COM 913017109 1472 12800 SH DEFINED 011620 12800
UNITED TECHNOLOGIES COM 913017109 5456 47435 SH DEFINED 0102 47435
UNITED TECHNOLOGIES COM 913017109 1787 15541 SH DEFINED 0103 15541
UNITED TECHNOLOGIES COM 913017109 9220 80175 SH DEFINED 01 80175
UNITED WASTE 144ACVT CONV BOND 913174AB4 8475 7500000 PRN DEFINED 0106 7500000
UNITED WASTE SYS INC COM 913174108 18544 575000 SH DEFINED 0106 575000
UNITED WASTE SYS INC COM 913174108 11288 350000 SH DEFINED 011614 350000
UNITED WASTE SYS INC COM 913174108 17461 541400 SH DEFINED 0102 541400
UNITED WASTE SYS INC COM 913174108 355 11000 SH DEFINED 0103 11000
UNITED WASTE SYS INC COM 913174108 2774 86000 SH DEFINED 01 86000
UNITED WISCONSIN SVC COM 913236105 4358 167600 SH DEFINED 0128 167600
UNIVERSAL HLTH CR-B COM 913903100 243 9300 SH DEFINED 0124 9300
UNOCAL CORP COM 915289102 977 28948 SH DEFINED 0103 28948
USFREIGHTWAYS COM 916906100 64 3300 SH DEFINED 0124 3300
UROMED CORP COM 917274102 2750 200000 SH DEFINED 011614 200000
USLIFE CORP COM 917318107 28794 875862 SH DEFINED 0103 875862
V. F. CORP COM 918204108 4436 74400 SH DEFINED 0124 74400
V. F. CORP COM 918204108 1699 28500 SH DEFINED 0125 28500
V. F. CORP COM 918204108 310 5200 SH DEFINED 0102 5200
V. F. CORP COM 918204108 802 13444 SH DEFINED 0103 13444
VLSI TECHNOLOGY INC COM 918270109 201 14500 SH DEFINED 0124 14500
VAALREEFS EXP & MNG COM 918506403 400 50000 SH DEFINED 0127 50000
VALASSIS COMMUNICATI COM 918866104 4348 235000 SH DEFINED 0128 235000
VALASSIS COMMUNICATI COM 918866104 133 7200 SH DEFINED 0124 7200
VALMONT INDUSTRIES COM 920253101 112 3300 SH DEFINED 0124 3300
VALUEVISION INTL INC COM 92047K107 2081 300000 SH DEFINED 0128 300000
STAR PORTFOLIO COM 921909107 2 110 SH DEFINED 01 110
VANTIVE COM 922091103 5863 175000 SH DEFINED 0106 175000
VARITY CORP COM 92224R602 6016 125000 SH DEFINED 0135 125000
<PAGE> PAGE 78
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
VARITY CORP COM 92224R602 221 4601 SH DEFINED 0103 4601
VAUGHAN BASSETT FURN COM 922272117 33 1080 SH DEFINED 0102 1080
VERIFONE INC COM 923429104 2239 53000 SH DEFINED 011619 53000
VERIFONE INC COM 923429104 9358 221500 SH DEFINED 011614 221500
VERTEX PHARM COM 92532F100 118 3900 SH DEFINED 0124 3900
VESSEL CHARTERS INC COM 925400996 0 25000 SH DEFINED 0102 25000
VIACOM INC WTS C '97 WARRANT 925524126 219 350000 SH DEFINED 011516 350000
VIACOM INC CL B COM 925524308 350 9000 SH DEFINED 0102 9000
VIACOM INC CL B COM 925524308 1678 43163 SH DEFINED 0103 43163
VICOR CORP COM 925815102 286 12300 SH DEFINED 0124 12300
VIEW LOGIC COM 926721101 44 3200 SH DEFINED 0124 3200
VIKING OFFICE PRODS COM 926913104 2824 90000 SH DEFINED 011619 90000
VIKING OFFICE PRODS COM 926913104 17256 550000 SH DEFINED 011614 550000
VIKING OFFICE PRODS COM 926913104 39967 1273900 SH DEFINED 0102 1273900
VIKING OFFICE PRODS COM 926913104 8609 274400 SH DEFINED 0131 274400
VIKING OFFICE PRODS COM 926913104 1569 50000 SH DEFINED 0103 50000
VINTAGE PETE INC COM 927460105 166 6500 SH DEFINED 0124 6500
VIRGINIA-AMER WTR CO PREFERRED STOCK 927990200 209 2400 SH DEFINED 0113 2400
VISABLE COM 92829S104 244 25000 SH DEFINED 011619 25000
VISHAY INTRTECHNOLOG COM 928298108 14884 630000 SH DEFINED 0111 630000
VISHAY INTRTECHNOLOG COM 928298108 25002 1058282 SH DEFINED 011516 1058282
VISHAY INTRTECHNOLOG COM 928298108 93876 3973322 SH DEFINED 0102 3973322
VISHAY INTRTECHNOLOG COM 928298108 527 22274 SH DEFINED 0103 22274
VISHAY INTRTECHNOLOG COM 928298108 9537 403680 SH DEFINED 01 403680
VISX INC/DEL COM 92844S105 48 1400 SH DEFINED 0124 1400
VIVRA COM 92855M104 401 12200 SH DEFINED 0124 12200
VIVRA COM 92855M104 2630 80000 SH DEFINED 011619 80000
VIVRA COM 92855M104 11013 335000 SH DEFINED 011614 335000
VIVRA COM 92855M104 645 19587 SH DEFINED 0102 19587
VIVRA COM 92855M104 6056 184200 SH DEFINED 0131 184200
VIVRA COM 92855M104 278 8450 SH DEFINED 0103 8450
VIVUS INC COM 928551100 2063 63000 SH DEFINED 011619 63000
VIVUS INC COM 928551100 8744 267000 SH DEFINED 011614 267000
WD-40 CO COM 929236107 28 600 SH DEFINED 0102 600
WHX CORPORATION COM 929248102 1396 153022 SH DEFINED 0103 153022
WICOR INC COM 929253102 7550 200000 SH DEFINED 0132 200000
WICOR INC COM 929253102 68 1800 SH DEFINED 0124 1800
WMX TECHNOLOGIES INC COM 92929Q107 11835 361316 SH DEFINED 0102 361316
WMX TECHNOLOGIES INC COM 92929Q107 1867 56999 SH DEFINED 0103 56999
WMS INDUSTRIES INC COM 929297109 204 8300 SH DEFINED 0124 8300
WMS INDUSTRIES INC COM 929297109 9850 400000 SH DEFINED 011516 400000
WMS INDUSTRIES INC COM 929297109 542 22000 SH DEFINED 011619 22000
WMS INDUSTRIES INC COM 929297109 2305 93600 SH DEFINED 011614 93600
WPP GROUP PLC -ADR COM 929309300 5927 176919 SH DEFINED 0103 176919
WABAN INC COM 929394104 1710 71641 SH DEFINED 0103 71641
WABASH NATL COM 929566107 158 8900 SH DEFINED 0124 8900
WACHOVIA CORP COM 929771103 866 19787 SH DEFINED 0103 19787
WACKENHUT CORRECTION COM 929798106 12197 365450 SH DEFINED 0102 365450
WACKENHUT CORRECTION COM 929798106 6318 189300 SH DEFINED 0131 189300
WACKENHUT CORRECTION COM 929798106 662 19850 SH DEFINED 0103 19850
<PAGE> PAGE 79
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
WAL MART STORES COM 931142103 121 4780 SH DEFINED 0102 4780
WAL MART STORES COM 931142103 6815 268554 SH DEFINED 0103 268554
WAL MART STORES COM 931142103 812 32000 SH DEFINED 01 32000
WALBRO CORP COM 931154108 3533 174464 SH DEFINED 0103 174464
WALGREEN CO. COM 931422109 41 1200 SH DEFINED 0102 1200
WALGREEN CO. COM 931422109 966 28827 SH DEFINED 0103 28827
WALL DATA COM 932045107 1254 57000 SH DEFINED 011619 57000
WALL DATA COM 932045107 5324 242000 SH DEFINED 011614 242000
WARNACO COM 934390105 20600 800000 SH DEFINED 0130 800000
WARNACO COM 934390105 1931 75000 SH DEFINED 011619 75000
WARNACO COM 934390105 8755 340000 SH DEFINED 011614 340000
WARNACO COM 934390105 773 30000 SH DEFINED 01 30000
WARNER LAMBERT CO COM 934488107 12650 230000 SH DEFINED 0107 230000
WARNER LAMBERT CO COM 934488107 99 1800 SH DEFINED 0102 1800
WARNER LAMBERT CO COM 934488107 1745 31722 SH DEFINED 0103 31722
WASHINGTON CONSTRUCT COM 937471100 8 800 SH DEFINED 0124 800
WASHINGTON ENERGY CO COM 938815107 152 7700 SH DEFINED 0124 7700
WASHINGTON GAS LIGHT COM 938837101 5500 250000 SH DEFINED 0132 250000
WASHINGTON MUT INC COM 939322103 2976 99600 SH DEFINED 0108 99600
WASHINGTON MUT INC COM 939322103 1195 40000 SH DEFINED 011622 40000
WASHINGTON MUT INC COM 939322103 598 20000 SH DEFINED 011623 20000
WASHINGTON MUT INC COM 939322103 2181 73000 SH DEFINED 011620 73000
WASHINGTON MUT INC COM 939322103 15683 525150 SH DEFINED 0102 525150
WASHINGTON MUT INC COM 939322103 6208 207800 SH DEFINED 0131 207800
WASHINGTON MUT INC COM 939322103 410 13700 SH DEFINED 0103 13700
WASHINGTON NATIONAL COM 939339107 144 5600 SH DEFINED 0124 5600
WATERHOUSE INVESTORS COM 941547101 197 5300 SH DEFINED 0124 5300
WATSON PHARMACEUTICA COM 942683103 24051 635000 SH DEFINED 011516 635000
WEATHERFORD ENTERRA COM 947071106 7950 265000 SH DEFINED 0108 265000
WEBCRAFT TECH COM 947625992 0 32502 SH DEFINED 0104 32502
WEBCRAFT TECH COM 947625992 0 32502 SH DEFINED 0109 32502
WEEKS CORP COM 94856P102 5200 200000 SH DEFINED 011618 200000
WELLS FARGO & CO COM 949740104 2728 11419 SH DEFINED 0103 11419
WELLSFORD RES PROP COM 950241109 11250 500000 SH DEFINED 0113 500000
WELLSFORD RES PROP COM 950241109 4388 195000 SH DEFINED 0107 195000
WENDYS INTL INC COM 950590109 9313 500000 SH DEFINED 011618 500000
WENDYS INTL INC COM 950590109 277 14854 SH DEFINED 0103 14854
WERNER ENTERPRISES COM 950755108 159 6100 SH DEFINED 0124 6100
WEST COMPANY COM 953348109 11577 385897 SH DEFINED 0103 385897
WESTERN AREA COM 957654205 1201 75928 SH DEFINED 0127 75928
WESTERN ATLAS INC COM 957674104 367 6299 SH DEFINED 0103 6299
WEST DEEP LEVELS ADR COM 958077208 906 25000 SH DEFINED 0127 25000
WESTERN DIGITAL COM 958102105 5225 200000 SH DEFINED 0128 200000
WESTERN DIGITAL COM 958102105 7838 300000 SH DEFINED 0106 300000
WESTERN RESOURCE INC PREFERRED STOCK 959425406 570 10000 SH DEFINED 0113 10000
WESTERN WIRELESS COM 95988E204 588 27500 SH DEFINED 011620 27500
WESTINGHOUSE ELEC COM 960402105 9375 500000 SH DEFINED 0108 500000
WESTINGHOUSE ELEC COM 960402105 65625 3500000 SH DEFINED 011516 3500000
WESTINGHOUSE ELEC COM 960402105 13125 700000 SH DEFINED 011618 700000
WESTINGHOUSE ELEC COM 960402105 545 29100 SH DEFINED 0102 29100
<PAGE> PAGE 80
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
WESTINGHOUSE ELEC COM 960402105 7649 407951 SH DEFINED 0103 407951
WESTVACO CORP COM 961548104 14938 500000 SH DEFINED 0113 500000
WESTVACO CORP COM 961548104 352 11785 SH DEFINED 0103 11785
WEYERHAUESER COM 962166104 2937 69100 SH DEFINED 0124 69100
WEYERHAUESER COM 962166104 1275 30000 SH DEFINED 0125 30000
WEYERHAUESER COM 962166104 12538 295000 SH DEFINED 0107 295000
WEYERHAUESER COM 962166104 18063 425000 SH DEFINED 011516 425000
WEYERHAUESER COM 962166104 165 3860 SH DEFINED 0102 3860
WEYERHAUESER COM 962166104 1246 29331 SH DEFINED 0103 29331
WEYERHAUESER COM 962166104 4208 99000 SH DEFINED 01 99000
WHIRLPOOL CORP COM 963320106 435 8767 SH DEFINED 0103 8767
WHITMAN CORP COM 96647K102 362 15000 SH DEFINED 0102 15000
WHITMAN CORP COM 96647K102 297 12310 SH DEFINED 0103 12310
WHITNEY HOLDING CORP COM 966612103 42 1400 SH DEFINED 0124 1400
WHITTAKER COM 966680407 63 3400 SH DEFINED 0124 3400
WHOLE FOODS MARKET COM 966837106 106 4000 SH DEFINED 0124 4000
WILLAMETTE IND INC COM 969133107 390 6548 SH DEFINED 0103 6548
WILLIAM COMPANIES COM 969457100 589 11902 SH DEFINED 0103 11902
WILLIAMS SONOMA COM 969904101 224 9500 SH DEFINED 0124 9500
WINN-DIXIE COM 974280109 633 17891 SH DEFINED 0103 17891
WINNEBAGO IND INC COM 974637100 101 12200 SH DEFINED 0124 12200
WINSTAR SR SUB DIS CONV BOND 975515AB3 6800 10000000 PRN DEFINED 0109 10000000
WINSTAR COM SR DIS CONV BOND 975515AD9 11200 20000000 PRN DEFINED 0109 20000000
WINTHROP RES CORP COM 976396101 1963 100000 SH DEFINED 011619 100000
WINTHROP RES CORP COM 976396101 3925 200000 SH DEFINED 011614 200000
WIRELESS ONE COM 97652H109 450 25000 SH DEFINED 0109 25000
WIRELESS ONE WTS COM 97652H117 163 23250 SH DEFINED 0109 23250
WISCONSIN CENTRAL TR COM 976592105 29250 900000 SH DEFINED 0111 900000
WITCO CORP COM 977385103 2234 65000 SH DEFINED 011619 65000
WITCO CORP COM 977385103 9281 270000 SH DEFINED 011614 270000
WOLVERINE TUBE INC COM 978093102 19250 550000 SH DEFINED 0106 550000
WOLVERINE TUBE INC COM 978093102 154 4400 SH DEFINED 0124 4400
WOLVERINE TUBE INC COM 978093102 6125 175000 SH DEFINED 0135 175000
WOLVERINE TUBE INC COM 978093102 1995 57000 SH DEFINED 01 57000
WOLVERINE COM 978097103 215 6600 SH DEFINED 0124 6600
WOOLWORTH CORP COM 980883102 351 15588 SH DEFINED 0103 15588
WORLDCOM INC COM 98155K102 2381 43000 SH DEFINED 011620 43000
WORLDCOM INC COM 98155K102 1253 22625 SH DEFINED 0103 22625
WORTHINGTON IND COM 981811102 11481 550000 SH DEFINED 0108 550000
WORTHINGTON IND COM 981811102 222 10638 SH DEFINED 0103 10638
WRIGLEY WM JR CO COM 982526105 687 13603 SH DEFINED 0103 13603
WYLE ELECTRONICS COM 983051103 129 3900 SH DEFINED 0124 3900
WYNDHAM COM 983100108 5878 281600 SH DEFINED 0106 281600
WYNDHAM COM 983100108 493 23600 SH DEFINED 011620 23600
XIRCOM INC COM 983922105 47 3200 SH DEFINED 0124 3200
XEROX COM 984121103 38520 720000 SH DEFINED 0113 720000
XEROX COM 984121103 12038 225000 SH DEFINED 0107 225000
XEROX COM 984121103 16050 300000 SH DEFINED 011618 300000
XEROX COM 984121103 26483 495000 SH DEFINED 0131 495000
XEROX COM 984121103 3312 61898 SH DEFINED 0103 61898
<PAGE> PAGE 81
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
YELLOW CORPORATION COM 985509108 44 3323 SH DEFINED 0103 3323
YORK INTL CORP NEW COM 986670107 3105 60000 SH DEFINED 011622 60000
YORK INTL CORP NEW COM 986670107 7245 140000 SH DEFINED 011623 140000
YORK INTL CORP NEW COM 986670107 28463 550000 SH DEFINED 011516 550000
YORK INTL CORP NEW COM 986670107 20700 400000 SH DEFINED 011618 400000
YORK INTL CORP NEW COM 986670107 2432 47000 SH DEFINED 011619 47000
YORK INTL CORP NEW COM 986670107 880 17000 SH DEFINED 011620 17000
YORK INTL CORP NEW COM 986670107 10298 199000 SH DEFINED 011614 199000
YORK INTL CORP NEW COM 986670107 26531 512768 SH DEFINED 0102 512768
YORK INTL CORP NEW COM 986670107 178 3450 SH DEFINED 0103 3450
YORK INTL CORP NEW COM 986670107 2991 57800 SH DEFINED 01 57800
ZAGREBACKA BANKA GDR COM 988849105 362 32500 SH DEFINED 0135 32500
ZEBRA TECH COM 989207105 121 6800 SH DEFINED 0124 6800
ZENITH NATIONAL COM 989390109 170 6200 SH DEFINED 0124 6200
ZERO CORP COM 989484100 5344 250000 SH DEFINED 0128 250000
ZERO CORP COM 989484100 60 2800 SH DEFINED 0124 2800
ZERO CORP COM 989484100 275 12871 SH DEFINED 0103 12871
ZILOG INC COM 989524103 190 7900 SH DEFINED 0124 7900
ZIONS BANCORPORATION COM 989701107 262 3600 SH DEFINED 0124 3600
STABLE VALUE FUND COM 990007742 35593 3409278 SH DEFINED 0103 3409278
STABLE CAPITAL II COM 990007940 2067 181033 SH DEFINED 0103 181033
AM EXP RESEARCH 839 COM 990008393 9246 374686 SH DEFINED 0103 374686
FEDERAL INCOME FUND COM 990008443 104611 7773102 SH DEFINED 0103 7773102
EQY BASE INDEX COM 990008450 514182 27544980 SH DEFINED 0103 27544980
AM EXP TST BND 831 COM 990009086 12646 280468 SH DEFINED 0103 280468
AM EXP TST EMERG 837 COM 990009300 3080 40598 SH DEFINED 0103 40598
AM EXP TST CORE 838 COM 990009318 7653 80439 SH DEFINED 0103 80439
MANAGED GIC FUND COM 990009326 120378 4732039 SH DEFINED 0103 4732039
INTERNATION COM 990009995 1312 118414 SH DEFINED 0103 118414
EQUITY INDEX 3 COM 990018509 1841 114626 SH DEFINED 0103 114626
REPORT SUMMARY 3930 DATA RECORDS 48664791 35 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
</TABLE>
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