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Previous: PRICE T ROWE SCIENCE & TECHNOLOGY FUND INC, 485BPOS, 1997-04-23 |
Next: GARNET RESOURCES CORP /DE/, SC 13D, 1997-04-23 |
<TABLE>
<C> <C>
<PAGE> PAGE 1
SECURITIES AND EXCHANGE COMMISSION
FORM 13F-E
Report for the Calendar Year or Quarter Ended: 03/31/97
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 03/31/97
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 12800 200000 SH DEFINED 0108 200000
ACE LIMITED COM G0070K103 115200 1800000 SH DEFINED 0126 1800000
ACE LIMITED COM G0070K103 6161 96273 SH DEFINED 0128 96273
ACE LIMITED COM G0070K103 64000 1000000 SH DEFINED 011516 1000000
ACE LIMITED COM G0070K103 2432 38000 SH DEFINED 011619 38000
ACE LIMITED COM G0070K103 11200 175000 SH DEFINED 011614 175000
ACE LIMITED COM G0070K103 262 4100 SH DEFINED 0102 4100
ACE LIMITED COM G0070K103 7501 117200 SH DEFINED 0131 117200
ACE LIMITED COM G0070K103 403 6300 SH DEFINED 0103 6300
ACE LIMITED COM G0070K103 4320 67500 SH DEFINED 01 67500
AMWY ASIA COM G0352M108 21642 575200 SH DEFINED 011516 575200
CREDICORP COM G2519Y108 2571 110000 SH DEFINED 0128 110000
CREDICORP COM G2519Y108 7013 300000 SH DEFINED 0135 300000
EXEL LTD COM G3242A102 50278 1190000 SH DEFINED 0130 1190000
GLOBALSTAR COM G3930H104 2140 40000 SH DEFINED 0109 40000
LORAL SPACE & COMM COM G56462107 14715 1041800 SH DEFINED 011618 1041800
MIDOCEAN LTD COM G61061100 22204 465000 SH DEFINED 0107 465000
MIDOCEAN LTD COM G61061100 23875 500000 SH DEFINED 011516 500000
TERRA NOVA COM G87615103 6825 350000 SH DEFINED 0128 350000
TERRA NOVA COM G87615103 9750 500000 SH DEFINED 011618 500000
TOMMY HILFIGER COM G8915Z102 7059 135100 SH DEFINED 0108 135100
TOMMY HILFIGER COM G8915Z102 2613 50000 SH DEFINED 011620 50000
ASM LITHOGRAPHY COM N07059111 3293 43900 SH DEFINED 011619 43900
ASM LITHOGRAPHY COM N07059111 13185 175800 SH DEFINED 011614 175800
ASM LITHOGRAPHY COM N07059111 478 6362 SH DEFINED 0102 6362
ASM LITHOGRAPHY COM N07059111 825 11000 SH DEFINED 01 11000
BAAN CO THE COM N08044104 6694 150000 SH DEFINED 0108 150000
BAAN CO THE COM N08044104 15619 350000 SH DEFINED 011516 350000
BAAN CO THE COM N08044104 3579 80200 SH DEFINED 011619 80200
BAAN CO THE COM N08044104 13611 305000 SH DEFINED 011614 305000
BAAN CO THE COM N08044104 203 4550 SH DEFINED 0102 4550
BAAN CO THE COM N08044104 11127 249350 SH DEFINED 0131 249350
BAAN CO THE COM N08044104 553 12400 SH DEFINED 0103 12400
CHICAGO BRDG & IRON COM N19808109 2386 134400 SH DEFINED 011619 134400
CHICAGO BRDG & IRON COM N19808109 8974 505600 SH DEFINED 011614 505600
BANCO LATINOAMERICA COM P16994132 104 2200 SH DEFINED 0102 2200
BANCO LATINOAMERICA COM P16994132 2911 61600 SH DEFINED 0131 61600
BANCO LATINOAMERICA COM P16994132 156 3300 SH DEFINED 0103 3300
STEINER LEISURE LTD COM P8744Y102 10549 435000 SH DEFINED 011614 435000
SUN INTL COM P8797T133 9625 275000 SH DEFINED 0135 275000
ROYAL CARIBB CVTPFD CONV PFD STOCK V7780T111 4480 80000 SH DEFINED 0128 80000
CREATIVE TECHNOLOGY COM Y1775U107 579 62600 SH DEFINED 0102 62600
AAR CORP COM 000361105 3777 125900 SH DEFINED 0106 125900
AAR CORP COM 000361105 1443 48100 SH DEFINED 011619 48100
AAR CORP COM 000361105 5406 180200 SH DEFINED 011614 180200
ABR INFORMATION COM 00077R108 14400 800000 SH DEFINED 0111 800000
ADC TELECOM COM 000886101 6316 235000 SH DEFINED 0108 235000
ADC TELECOM COM 000886101 59125 2200000 SH DEFINED 0126 2200000
ADC TELECOM COM 000886101 32250 1200000 SH DEFINED 0111 1200000
ADC TELECOM COM 000886101 4300 160000 SH DEFINED 011622 160000
<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
ADC TELECOM COM 000886101 9675 360000 SH DEFINED 011623 360000
ADC TELECOM COM 000886101 2688 100000 SH DEFINED 011516 100000
ADC TELECOM COM 000886101 16125 600000 SH DEFINED 011618 600000
ADC TELECOM COM 000886101 49969 1859340 SH DEFINED 0102 1859340
ADC TELECOM COM 000886101 712 26510 SH DEFINED 0103 26510
AES TRUST #1 PFD CVT CONV PFD STOCK 001033208 8266 170000 SH DEFINED 0132 170000
AGCO CORP COM 001084102 13813 500000 SH DEFINED 0130 500000
AGCO CORP COM 001084102 6630 240000 SH DEFINED 0108 240000
AGCO CORP COM 001084102 4144 150000 SH DEFINED 0128 150000
AGCO CORP COM 001084102 27625 1000000 SH DEFINED 011516 1000000
AGCO CORP COM 001084102 3039 110000 SH DEFINED 011620 110000
AGCO CORP COM 001084102 26392 955209 SH DEFINED 0102 955209
AGCO CORP COM 001084102 522 18900 SH DEFINED 0103 18900
AGCO CORP COM 001084102 13632 493450 SH DEFINED 01 493450
AMLI COM 001735109 9775 425000 SH DEFINED 0113 425000
AMR CORP DEL COM 001765106 28875 350000 SH DEFINED 0130 350000
AMR CORP DEL COM 001765106 132000 1600000 SH DEFINED 0126 1600000
AMR CORP DEL COM 001765106 13720 166300 SH DEFINED 0124 166300
AMR CORP DEL COM 001765106 11682 141600 SH DEFINED 0125 141600
AMR CORP DEL COM 001765106 3300 40000 SH DEFINED 011620 40000
AMR CORP DEL COM 001765106 61045 739905 SH DEFINED 0102 739905
AMR CORP DEL COM 001765106 2773 33612 SH DEFINED 0103 33612
AMR CORP DEL COM 001765106 7628 92464 SH DEFINED 01 92464
ARCO CHEMICAL CO COM 001920107 25013 575000 SH DEFINED 0113 575000
ARCO CHEMICAL CO COM 001920107 9244 212500 SH DEFINED 0131 212500
ARCO CHEMICAL CO COM 001920107 479 11000 SH DEFINED 0103 11000
AT&T CORP COM 001957109 17375 500000 SH DEFINED 0130 500000
AT&T CORP COM 001957109 36488 1050000 SH DEFINED 0113 1050000
AT&T CORP COM 001957109 28669 825000 SH DEFINED 0131 825000
AT&T CORP COM 001957109 9423 271170 SH DEFINED 0103 271170
ABBOTT LABS COM 002824100 109 1951 SH DEFINED 0102 1951
ABBOTT LABS COM 002824100 6328 112757 SH DEFINED 0103 112757
ACCUSTAFF COM 004401105 20519 1225000 SH DEFINED 0106 1225000
ACCUSTAFF COM 004401105 10050 600000 SH DEFINED 0111 600000
ACTIVISION COM 004930202 136 12000 SH DEFINED 0102 12000
ACTION PERFORMANCE COM 004933107 1346 69000 SH DEFINED 011619 69000
ACUSON CORP COM 005113105 2595 111000 SH DEFINED 011619 111000
ACUSON CORP COM 005113105 11688 500000 SH DEFINED 011614 500000
ADAPTEC INC 144A CVT CONV BOND 00651FAA6 14756 15000000 PRN DEFINED 0130 15000000
ADAPTEC INC COM 00651F108 11619 325000 SH DEFINED 0108 325000
ADAPTEC INC COM 00651F108 41113 1150000 SH DEFINED 011516 1150000
ADEPT TECHNOLOGY INC COM 006854103 47 6000 SH DEFINED 0102 6000
ADFLEX SOLUTIONS INC COM 006866107 1663 140000 SH DEFINED 011619 140000
ADVANCED FIBRE COMM COM 00754A105 7256 225000 SH DEFINED 0106 225000
ADVANCED FIBRE COMM COM 00754A105 4838 150000 SH DEFINED 0111 150000
ADVANCED FIBRE COMM COM 00754A105 3225 100000 SH DEFINED 011620 100000
ADVANCED MICRO DEV COM 007903107 4150 100000 SH DEFINED 0109 100000
ADVANCED MICRO DEV COM 007903107 821 19795 SH DEFINED 0103 19795
ADV LTD PT TRUST INV COM 007923998 15489 12913890 SH DEFINED 01 12913890
AETNA INC COM 008117103 1879 21880 SH DEFINED 0103 21880
<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
AETNA INC CLASS C CONV PFD STOCK 008117202 49 599 SH DEFINED 0102 599
AFFILIATED COMPUTER COM 008190100 9553 417660 SH DEFINED 0102 417660
AFFILIATED COMPUTER COM 008190100 5659 247400 SH DEFINED 0131 247400
AFFILIATED COMPUTER COM 008190100 421 18440 SH DEFINED 0103 18440
AFL/CIO UNITS OF COM 008270993 499 460 SH DEFINED 0102 460
AHMANSON HF & CO COM 008677106 559 15307 SH DEFINED 0103 15307
AIR PROD & CHEM COM 009158106 25453 375000 SH DEFINED 0131 375000
AIR PROD & CHEM COM 009158106 1979 29161 SH DEFINED 0103 29161
AIRTOUCH COMMUN COM 00949T100 27600 1200000 SH DEFINED 0126 1200000
AIRTOUCH COMMUN COM 00949T100 14872 646600 SH DEFINED 0124 646600
AIRTOUCH COMMUN COM 00949T100 8246 358500 SH DEFINED 0125 358500
AIRTOUCH COMMUN COM 00949T100 6440 280000 SH DEFINED 0135 280000
AIRTOUCH COMMUN COM 00949T100 28095 1221500 SH DEFINED 011618 1221500
AIRTOUCH COMMUN COM 00949T100 97051 4219464 SH DEFINED 0102 4219464
AIRTOUCH COMMUN COM 00949T100 4368 189906 SH DEFINED 0103 189906
AIRTOUCH COMMUN COM 00949T100 4727 205500 SH DEFINED 01 205500
AIRTOUCH COM PFD CVT CONV PFD STOCK 00949T209 5125 200000 SH DEFINED 0132 200000
AIRTOUCH COM PFD CVT CONV PFD STOCK 00949T209 16400 640000 SH DEFINED 0107 640000
ALAMO GROUP INC COM 011311107 3493 220000 SH DEFINED 0128 220000
ALASKA AIRGROUP COM 011659109 2998 117000 SH DEFINED 011619 117000
ALASKA AIRGROUP COM 011659109 11249 439000 SH DEFINED 011614 439000
ALBERTO CULVER COM 013068101 210 8050 SH DEFINED 0103 8050
ALBERTSONS INC COM 013104104 25840 760000 SH DEFINED 0126 760000
ALBERTSONS INC COM 013104104 1243 36550 SH DEFINED 0103 36550
ALCAN ALUMINIUM LTD COM 013716105 1113 32846 SH DEFINED 0103 32846
ALLEGHENY TELEDYNE COM 017415100 81 2900 SH DEFINED 0102 2900
ALLEGHENY TELEDYNE COM 017415100 713 25346 SH DEFINED 0103 25346
ALLERGAN INC COM 018490102 276 9470 SH DEFINED 0103 9470
ALLIED GROUP INC COM 019220102 11903 345000 SH DEFINED 0128 345000
ALLIED SIGNAL INC COM 019512102 1781 25000 SH DEFINED 0124 25000
ALLIED SIGNAL INC COM 019512102 1218 17100 SH DEFINED 0125 17100
ALLIED SIGNAL INC COM 019512102 26719 375000 SH DEFINED 011618 375000
ALLIED SIGNAL INC COM 019512102 53361 748955 SH DEFINED 0102 748955
ALLIED SIGNAL INC COM 019512102 3067 43035 SH DEFINED 0103 43035
ALLIED SIGNAL INC COM 019512102 5166 72500 SH DEFINED 01 72500
ALLSTATE CORP COM 020002101 3834 64566 SH DEFINED 0103 64566
ALLSTATE CORP COM 020002101 5848 98500 SH DEFINED 01 98500
ALLTEL CORP COM 020039103 893 27470 SH DEFINED 0103 27470
ALLTEL 7.75 $100 PAR PREFERRED STOCK 0200392*3 2438 24140 SH DEFINED 0105 24140
ALTERA CORP COM 021441100 1376 32000 SH DEFINED 011619 32000
ALTERA CORP COM 021441100 5203 121000 SH DEFINED 011614 121000
ALUMINUM CO AMERICA COM 022249106 98546 1449200 SH DEFINED 0126 1449200
ALUMINUM CO AMERICA COM 022249106 22494 330800 SH DEFINED 0124 330800
ALUMINUM CO AMERICA COM 022249106 20291 298400 SH DEFINED 0125 298400
ALUMINUM CO AMERICA COM 022249106 6800 100000 SH DEFINED 0135 100000
ALUMINUM CO AMERICA COM 022249106 2754 40500 SH DEFINED 011620 40500
ALUMINUM CO AMERICA COM 022249106 237819 3497381 SH DEFINED 0102 3497381
ALUMINUM CO AMERICA COM 022249106 5213 76662 SH DEFINED 0103 76662
ALUMINUM CO AMERICA COM 022249106 18510 272200 SH DEFINED 01 272200
ALZA COM 022615108 11000 400000 SH DEFINED 0130 400000
<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
ALZA COM 022615108 8635 314000 SH DEFINED 0108 314000
ALZA COM 022615108 6273 228100 SH DEFINED 0124 228100
ALZA COM 022615108 3792 137900 SH DEFINED 0125 137900
ALZA COM 022615108 41250 1500000 SH DEFINED 011516 1500000
ALZA COM 022615108 3163 115000 SH DEFINED 011619 115000
ALZA COM 022615108 2475 90000 SH DEFINED 011620 90000
ALZA COM 022615108 12375 450000 SH DEFINED 011614 450000
ALZA COM 022615108 45184 1642866 SH DEFINED 0102 1642866
ALZA COM 022615108 5970 217100 SH DEFINED 0131 217100
ALZA COM 022615108 1244 45223 SH DEFINED 0103 45223
AMERADA HESS COM 023551104 719 13561 SH DEFINED 0103 13561
AMERICA ON-LINE COM 02364J104 1059 25000 SH DEFINED 0128 25000
AMERICA ON-LINE COM 02364J104 4238 100000 SH DEFINED 011614 100000
AMDAHL CORP COM 023905102 165 17614 SH DEFINED 0103 17614
AMERICAN BRANDS INC. COM 024703100 1249 24681 SH DEFINED 0103 24681
20TH CENTURY ULTRA COM 025083882 6843 249283 SH DEFINED 0103 249283
AMER COMM SVS WTS COM 02520B110 774 17200 SH DEFINED 0109 17200
AMER COMM SVS WTS COM 02520B110 270 6000 SH DEFINED 011621 6000
AMERICAN ELEC PWR COM 025537101 1121 27180 SH DEFINED 0103 27180
AMERICAN EXPLORATION COM 025762808 459 40700 SH DEFINED 0102 40700
AMERICAN EXPRESS COM 025816109 549182 9172138 SH DEFINED 0103 9172138
AMER GENERAL CORP COM 026351106 1202 29495 SH DEFINED 0103 29495
AMER GENERAL CORP COM 026351106 10052 246670 SH DEFINED 01 246670
AM GREETINGS CL A COM 026375105 15263 477900 SH DEFINED 0131 477900
AM GREETINGS CL A COM 026375105 957 29963 SH DEFINED 0103 29963
AMER HOME PRODUCTS COM 026609107 36000 600000 SH DEFINED 0130 600000
AMER HOME PRODUCTS COM 026609107 9000 150000 SH DEFINED 0108 150000
AMER HOME PRODUCTS COM 026609107 37500 625000 SH DEFINED 0113 625000
AMER HOME PRODUCTS COM 026609107 24552 409200 SH DEFINED 0124 409200
AMER HOME PRODUCTS COM 026609107 16320 272000 SH DEFINED 0125 272000
AMER HOME PRODUCTS COM 026609107 20100 335000 SH DEFINED 0107 335000
AMER HOME PRODUCTS COM 026609107 3360 56000 SH DEFINED 011620 56000
AMER HOME PRODUCTS COM 026609107 50357 839288 SH DEFINED 0102 839288
AMER HOME PRODUCTS COM 026609107 25500 425000 SH DEFINED 0131 425000
AMER HOME PRODUCTS COM 026609107 9521 158684 SH DEFINED 0103 158684
AMER HOME PRODUCTS COM 026609107 5670 94500 SH DEFINED 01 94500
AMERICAN INTL GROUP COM 026874107 35213 300000 SH DEFINED 0130 300000
AMERICAN INTL GROUP COM 026874107 117375 1000000 SH DEFINED 0126 1000000
AMERICAN INTL GROUP COM 026874107 58688 500000 SH DEFINED 011516 500000
AMERICAN INTL GROUP COM 026874107 30919 263477 SH DEFINED 0102 263477
AMERICAN INTL GROUP COM 026874107 8336 71025 SH DEFINED 0103 71025
AMERICAN INTL GROUP COM 026874107 8569 73000 SH DEFINED 01 73000
AMER OILFIELD DIVERS COM 02872R101 2531 225000 SH DEFINED 011614 225000
AMERICAN ONCOLOGY COM 028910107 1531 175000 SH DEFINED 011619 175000
AMER PWR CONVERSION COM 029066107 19463 900000 SH DEFINED 011618 900000
AMER PWR CONVERSION COM 029066107 1563 72300 SH DEFINED 011619 72300
AMER PWR CONVERSION COM 029066107 7108 328700 SH DEFINED 011614 328700
AMERICAN RADIO COM 029161106 2684 88000 SH DEFINED 011619 88000
AMERICAN RADIO COM 029161106 10187 334000 SH DEFINED 011614 334000
AMERICAN RADIO COM 029161106 9968 326850 SH DEFINED 0102 326850
<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
AMERICAN RADIO COM 029161106 5630 184600 SH DEFINED 0131 184600
AMERICAN RADIO COM 029161106 418 13700 SH DEFINED 0103 13700
AMERICAN RADIO COM 029161106 2577 84500 SH DEFINED 01 84500
AMER RADIO CVTPFD7% PREFERRED STOCK 029161205 964 20500 SH DEFINED 011620 20500
AMERICAN STD CO COM 029712106 25650 570000 SH DEFINED 011618 570000
AMERICAN STD CO COM 029712106 7466 165905 SH DEFINED 01 165905
AMERICAN STORES CO COM 030096101 10013 225000 SH DEFINED 0108 225000
AMERICAN STORES CO COM 030096101 13350 300000 SH DEFINED 0124 300000
AMERICAN STORES CO COM 030096101 11161 250800 SH DEFINED 0125 250800
AMERICAN STORES CO COM 030096101 44500 1000000 SH DEFINED 011516 1000000
AMERICAN STORES CO COM 030096101 1780 40000 SH DEFINED 011620 40000
AMERICAN STORES CO COM 030096101 9163 205843 SH DEFINED 0102 205843
AMERICAN STORES CO COM 030096101 2173 48827 SH DEFINED 0103 48827
AMERICAN STORES CO COM 030096101 2448 55000 SH DEFINED 01 55000
AMERICAN TELECAST WT WARRANT 030151112 11 85225 SH DEFINED 0109 85225
AMERICAN WATERWORKS COM 030411102 8610 410000 SH DEFINED 0132 410000
AMERITECH NZ A $100 PREFERRED STOCK 03070V209 4195 40000 SH DEFINED 0105 40000
AMERITECH NZ A $100 PREFERRED STOCK 03070V209 3146 30000 SH DEFINED 01 30000
AMERITRADE HLDGS COM 03072H109 586 37500 SH DEFINED 011614 37500
AMERITECH CORP COM 030954101 32288 525000 SH DEFINED 0132 525000
AMERITECH CORP COM 030954101 10763 175000 SH DEFINED 0124 175000
AMERITECH CORP COM 030954101 10086 164000 SH DEFINED 0125 164000
AMERITECH CORP COM 030954101 15990 260000 SH DEFINED 0107 260000
AMERITECH CORP COM 030954101 1229 20000 SH DEFINED 0102 20000
AMERITECH CORP COM 030954101 5652 91903 SH DEFINED 0103 91903
AMETEK INC COM 031105109 4225 200000 SH DEFINED 0128 200000
AMGEN INC COM 031162100 27938 500000 SH DEFINED 0130 500000
AMGEN INC COM 031162100 8940 160000 SH DEFINED 0108 160000
AMGEN INC COM 031162100 111750 2000000 SH DEFINED 0126 2000000
AMGEN INC COM 031162100 44700 800000 SH DEFINED 0111 800000
AMGEN INC COM 031162100 10672 191000 SH DEFINED 0124 191000
AMGEN INC COM 031162100 7739 138500 SH DEFINED 0125 138500
AMGEN INC COM 031162100 5588 100000 SH DEFINED 0135 100000
AMGEN INC COM 031162100 3353 60000 SH DEFINED 011622 60000
AMGEN INC COM 031162100 6705 120000 SH DEFINED 011623 120000
AMGEN INC COM 031162100 44700 800000 SH DEFINED 011516 800000
AMGEN INC COM 031162100 26541 475000 SH DEFINED 011618 475000
AMGEN INC COM 031162100 2738 49000 SH DEFINED 011620 49000
AMGEN INC COM 031162100 219313 3924979 SH DEFINED 0102 3924979
AMGEN INC COM 031162100 4145 74175 SH DEFINED 0103 74175
AMGEN INC COM 031162100 17875 319915 SH DEFINED 01 319915
AMP COM 031897101 30938 900000 SH DEFINED 0113 900000
AMP COM 031897101 3094 90000 SH DEFINED 0124 90000
AMP COM 031897101 2527 73500 SH DEFINED 0125 73500
AMP COM 031897101 168 4900 SH DEFINED 0102 4900
AMP COM 031897101 15469 450000 SH DEFINED 0131 450000
AMP COM 031897101 1714 49841 SH DEFINED 0103 49841
AMOCO CORP COM 031905102 38981 450000 SH DEFINED 0113 450000
AMOCO CORP COM 031905102 17325 200000 SH DEFINED 0107 200000
AMOCO CORP COM 031905102 86944 1003633 SH DEFINED 0102 1003633
<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
AMOCO CORP COM 031905102 25988 300000 SH DEFINED 0131 300000
AMOCO CORP COM 031905102 7704 88929 SH DEFINED 0103 88929
AMOCO CORP COM 031905102 3032 35000 SH DEFINED 01 35000
AMSN HOLDINGS COM 03216N103 2297 175000 SH DEFINED 0106 175000
ANADIGIES COM 032515108 945 35000 SH DEFINED 011619 35000
ANADIGIES COM 032515108 3510 130000 SH DEFINED 011614 130000
ANALOG DEVICES COM 032654105 111 4949 SH DEFINED 0102 4949
ANALOG DEVICES COM 032654105 5438 241700 SH DEFINED 0131 241700
ANALOG DEVICES COM 032654105 260 11566 SH DEFINED 0103 11566
ANALOG DEVICES COM 032654105 1080 48000 SH DEFINED 01 48000
ANDREW CORP COM 034425108 4606 127500 SH DEFINED 0108 127500
ANDREW CORP COM 034425108 65025 1800000 SH DEFINED 0126 1800000
ANDREW CORP COM 034425108 65025 1800000 SH DEFINED 0111 1800000
ANDREW CORP COM 034425108 6503 180000 SH DEFINED 0132 180000
ANDREW CORP COM 034425108 7705 213300 SH DEFINED 011622 213300
ANDREW CORP COM 034425108 16524 457425 SH DEFINED 011623 457425
ANDREW CORP COM 034425108 1544 42750 SH DEFINED 011619 42750
ANDREW CORP COM 034425108 4741 131250 SH DEFINED 011614 131250
ANDREW CORP COM 034425108 496 13725 SH DEFINED 0102 13725
ANDREW CORP COM 034425108 3083 85350 SH DEFINED 0131 85350
ANDREW CORP COM 034425108 640 17703 SH DEFINED 0103 17703
ANDREW CORP COM 034425108 3251 90000 SH DEFINED 01 90000
ANHEUSER BUSCH CO COM 035229103 29488 700000 SH DEFINED 0130 700000
ANHEUSER BUSCH CO COM 035229103 11584 275000 SH DEFINED 0108 275000
ANHEUSER BUSCH CO COM 035229103 105313 2500000 SH DEFINED 0126 2500000
ANHEUSER BUSCH CO COM 035229103 36859 875000 SH DEFINED 0113 875000
ANHEUSER BUSCH CO COM 035229103 21913 520200 SH DEFINED 0124 520200
ANHEUSER BUSCH CO COM 035229103 18982 450600 SH DEFINED 0125 450600
ANHEUSER BUSCH CO COM 035229103 19167 455000 SH DEFINED 0107 455000
ANHEUSER BUSCH CO COM 035229103 46338 1100000 SH DEFINED 011516 1100000
ANHEUSER BUSCH CO COM 035229103 12638 300000 SH DEFINED 011618 300000
ANHEUSER BUSCH CO COM 035229103 39103 928208 SH DEFINED 0102 928208
ANHEUSER BUSCH CO COM 035229103 26328 625000 SH DEFINED 0131 625000
ANHEUSER BUSCH CO COM 035229103 6444 152949 SH DEFINED 0103 152949
ANNTAYLOR STORES COR COM 036115103 3056 150000 SH DEFINED 011614 150000
ANNTAYLOR STORES COR COM 036115103 345 16938 SH DEFINED 0103 16938
AON CORP COM 037389103 1648 26900 SH DEFINED 0124 26900
AON CORP COM 037389103 2432 39700 SH DEFINED 0125 39700
AON CORP COM 037389103 251 4100 SH DEFINED 0102 4100
AON CORP COM 037389103 1162 18973 SH DEFINED 0103 18973
APACHE CORP COM 037411105 10050 300000 SH DEFINED 011618 300000
APOLLO GROUP INC -C COM 037604105 19600 800000 SH DEFINED 0111 800000
APOLLO GROUP INC -C COM 037604105 147 6000 SH DEFINED 0102 6000
APPALACHIAN PWR $100 PREFERRED STOCK 037735834 3166 30000 SH DEFINED 0105 30000
APPALACHIAN PWR $100 PREFERRED STOCK 037735842 990 10000 SH DEFINED 0105 10000
APPLE COMPUTER COM 037833100 329 18021 SH DEFINED 0103 18021
APPLEBEES INTL INC COM 037899101 25140 1042040 SH DEFINED 0102 1042040
APPLEBEES INTL INC COM 037899101 11141 461800 SH DEFINED 0131 461800
APPLEBEES INTL INC COM 037899101 837 34710 SH DEFINED 0103 34710
APPLIED MATERIALS COM 038222105 37100 800000 SH DEFINED 0111 800000
<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
APPLIED MATERIALS COM 038222105 4535 97800 SH DEFINED 011622 97800
APPLIED MATERIALS COM 038222105 10091 217600 SH DEFINED 011623 217600
APPLIED MATERIALS COM 038222105 973 20950 SH DEFINED 0102 20950
APPLIED MATERIALS COM 038222105 1210 26089 SH DEFINED 0103 26089
APPLIED MATERIALS COM 038222105 2551 55000 SH DEFINED 01 55000
APTARGROUP INC COM 038336103 77 2000 SH DEFINED 0128 2000
ARBOR DRUGS INC COM 038760104 26250 1500000 SH DEFINED 011516 1500000
ARCHER DANIELS MDLND COM 039483102 1412 78989 SH DEFINED 0103 78989
ARIZONA PUB SER V PREFERRED STOCK 040555799 789 7500 SH DEFINED 0105 7500
ARIZONA PUB SER V PREFERRED STOCK 040555799 3158 30000 SH DEFINED 01 30000
ARIZONA PUB SVC $100 PREFERRED STOCK 040555815 9735 91034 SH DEFINED 0105 91034
ARIZONA PUB SVC CO PREFERRED STOCK 040555831 3353 38100 SH DEFINED 01 38100
ARMCO INC COM 042170100 169 42361 SH DEFINED 0103 42361
ARMSTRONG WORLD IND COM 042476101 386 5957 SH DEFINED 0103 5957
ARROW ELECTRONICS COM 042735100 13812 245000 SH DEFINED 0107 245000
ASARCO INC COM 043413103 175 6210 SH DEFINED 0103 6210
ASCEND COMM COM 043491109 18230 447350 SH DEFINED 0102 447350
ASCEND COMM COM 043491109 12698 311600 SH DEFINED 0131 311600
ASCEND COMM COM 043491109 923 22650 SH DEFINED 0103 22650
ASHANTI GOLDFLDS-GDR COM 043743202 6875 500000 SH DEFINED 0130 500000
ASHANTI GOLDFLDS-GDR COM 043743202 2750 200000 SH DEFINED 0127 200000
ASHANTI GOLDFLDS-GDR COM 043743202 3163 230000 SH DEFINED 0135 230000
ASHLAND INC COM 044204105 377 9357 SH DEFINED 0103 9357
ASSOC FIRST CORP COM 046008108 21500 500000 SH DEFINED 011516 500000
ASSOC FIRST CORP COM 046008108 3720 86500 SH DEFINED 01 86500
ATLANTIC RICHFIELD COM 048825103 33750 250000 SH DEFINED 0113 250000
ATLANTIC RICHFIELD COM 048825103 18900 140000 SH DEFINED 0107 140000
ATLANTIC RICHFIELD COM 048825103 24975 185000 SH DEFINED 0131 185000
ATLANTIC RICHFIELD COM 048825103 4207 31163 SH DEFINED 0103 31163
AUSTRALIS HLDING WTS COM 05258A113 0 13400 SH DEFINED 0109 13400
AUTO DESK COM 052769106 206 6641 SH DEFINED 0103 6641
AUTOMATIC DATA PROC. COM 053015103 0 1 SH DEFINED 0102 1
AUTOMATIC DATA PROC. COM 053015103 1763 42094 SH DEFINED 0103 42094
AUTOZONE COM 053332102 4275 190000 SH DEFINED 0124 190000
AUTOZONE COM 053332102 3128 139000 SH DEFINED 0125 139000
AUTOZONE COM 053332102 42750 1900000 SH DEFINED 011516 1900000
AUTOZONE COM 053332102 71696 3185799 SH DEFINED 0102 3185799
AUTOZONE COM 053332102 6750 300000 SH DEFINED 0131 300000
AUTOZONE COM 053332102 1997 88666 SH DEFINED 0103 88666
AUTOZONE COM 053332102 12251 544500 SH DEFINED 01 544500
AVANT] CORP COM 053487104 6781 250000 SH DEFINED 0106 250000
AVERY DENNISON CORP COM 053611109 583 15153 SH DEFINED 0103 15153
AVON PRODUCTS COM 054303102 6300 120000 SH DEFINED 0108 120000
AVON PRODUCTS COM 054303102 1012 19284 SH DEFINED 0103 19284
AVON PRODUCTS COM 054303102 7928 151000 SH DEFINED 01 151000
AWARE INC COM 05453N100 191 19600 SH DEFINED 0102 19600
BCE INC COM 05534B109 23000 500000 SH DEFINED 0132 500000
BCE INC COM 05534B109 9200 200000 SH DEFINED 0135 200000
BCE INC COM 05534B109 28400 617400 SH DEFINED 011618 617400
BJ SERVICES CO COM 055482103 1187 24800 SH DEFINED 0102 24800
<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
BTG INC COM 05576J101 2450 140000 SH DEFINED 011619 140000
BTG INC COM 05576J101 5688 325000 SH DEFINED 011614 325000
BMC SOFTWARE INC COM 055921100 3552 77000 SH DEFINED 011619 77000
BMC SOFTWARE INC COM 055921100 14714 319000 SH DEFINED 011614 319000
BMC SOFTWARE INC COM 055921100 29838 646900 SH DEFINED 0102 646900
BMC SOFTWARE INC COM 055921100 6863 148800 SH DEFINED 0131 148800
BMC SOFTWARE INC COM 055921100 694 15040 SH DEFINED 0103 15040
BMC SOFTWARE INC COM 055921100 4036 87500 SH DEFINED 01 87500
BAKER HUGHES COM 057224107 804 20949 SH DEFINED 0103 20949
BALL CORP COM 058498106 118 4455 SH DEFINED 0103 4455
BALTIMORE GAS & ELEC COM 059165100 8025 300000 SH DEFINED 0132 300000
BALTIMORE GAS & ELEC COM 059165100 574 21460 SH DEFINED 0103 21460
BANC ONE CORP COM 059438101 28819 725000 SH DEFINED 0113 725000
BANC ONE CORP COM 059438101 19875 500000 SH DEFINED 0131 500000
BANC ONE CORP COM 059438101 3380 85043 SH DEFINED 0103 85043
BANCO DE GALICIA CVT CONV BOND 059538AD0 5950 5000000 PRN DEFINED 0135 5000000
BANCO DE GALICIA COM 059538207 7313 300000 SH DEFINED 0135 300000
BANK OF BOSTON COM 060716107 23450 350000 SH DEFINED 0124 350000
BANK OF BOSTON COM 060716107 19082 284800 SH DEFINED 0125 284800
BANK OF BOSTON COM 060716107 15075 225000 SH DEFINED 0107 225000
BANK OF BOSTON COM 060716107 43550 650000 SH DEFINED 011516 650000
BANK OF BOSTON COM 060716107 2680 40000 SH DEFINED 011619 40000
BANK OF BOSTON COM 060716107 2680 40000 SH DEFINED 011620 40000
BANK OF BOSTON COM 060716107 9380 140000 SH DEFINED 011614 140000
BANK OF BOSTON COM 060716107 78653 1173959 SH DEFINED 0102 1173959
BANK OF BOSTON COM 060716107 3176 47405 SH DEFINED 0103 47405
BANK OF BOSTON COM 060716107 3350 50000 SH DEFINED 01 50000
BANK OF NEW YORK COM 064057102 1838 50000 SH DEFINED 011619 50000
BANK OF NEW YORK COM 064057102 7350 200000 SH DEFINED 011614 200000
BANK OF NEW YORK COM 064057102 2091 56903 SH DEFINED 0103 56903
BANK AMERICA CORP COM 066050105 634 6297 SH DEFINED 0102 6297
BANK AMERICA CORP COM 066050105 5250 52109 SH DEFINED 0103 52109
BANKERS TRUST NY COM 066365107 970 11830 SH DEFINED 0103 11830
BAR TECH WTS COM 067016113 500 10000 SH DEFINED 0109 10000
BAR TECH WTS COM 067016113 150 3000 SH DEFINED 0124 3000
BAR TECH WTS COM 067016113 225 4500 SH DEFINED 011621 4500
BAR TECH WTS COM 067016113 25 500 SH DEFINED 011620 500
C R BARD INC COM 067383109 235 8245 SH DEFINED 0103 8245
BARRICK GOLD INC COM 067901108 1188 50000 SH DEFINED 0127 50000
BARRICK GOLD INC COM 067901108 1232 51856 SH DEFINED 0103 51856
BARNETT BKS INC COM 068055102 37200 800000 SH DEFINED 0130 800000
BARNETT BKS INC COM 068055102 6849 147300 SH DEFINED 0108 147300
BARNETT BKS INC COM 068055102 65100 1400000 SH DEFINED 0126 1400000
BARNETT BKS INC COM 068055102 24545 527850 SH DEFINED 0113 527850
BARNETT BKS INC COM 068055102 9300 200000 SH DEFINED 0132 200000
BARNETT BKS INC COM 068055102 5906 127000 SH DEFINED 0124 127000
BARNETT BKS INC COM 068055102 4115 88500 SH DEFINED 0125 88500
BARNETT BKS INC COM 068055102 16275 350000 SH DEFINED 0107 350000
BARNETT BKS INC COM 068055102 3720 80000 SH DEFINED 011619 80000
BARNETT BKS INC COM 068055102 15810 340000 SH DEFINED 011614 340000
<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
BARNETT BKS INC COM 068055102 405 8700 SH DEFINED 0102 8700
BARNETT BKS INC COM 068055102 15247 327900 SH DEFINED 0131 327900
BARNETT BKS INC COM 068055102 2543 54690 SH DEFINED 0103 54690
BARRINGER TECH WARRANT 068509140 77 76700 SH DEFINED 011619 76700
BASSETT FURN IND. COM 070203104 787 32781 SH DEFINED 0102 32781
BATTLE MT GOLD CO COM 071593107 216 32579 SH DEFINED 0103 32579
BAUSCH & LOMB COM 071707103 319 8078 SH DEFINED 0103 8078
BAXTER INTL INC COM 071813109 34500 800000 SH DEFINED 0130 800000
BAXTER INTL INC COM 071813109 8625 200000 SH DEFINED 0108 200000
BAXTER INTL INC COM 071813109 38813 900000 SH DEFINED 0113 900000
BAXTER INTL INC COM 071813109 12938 300000 SH DEFINED 0124 300000
BAXTER INTL INC COM 071813109 11842 274600 SH DEFINED 0125 274600
BAXTER INTL INC COM 071813109 19622 455000 SH DEFINED 0107 455000
BAXTER INTL INC COM 071813109 47438 1100000 SH DEFINED 011516 1100000
BAXTER INTL INC COM 071813109 2501 58000 SH DEFINED 011620 58000
BAXTER INTL INC COM 071813109 159090 3689110 SH DEFINED 0102 3689110
BAXTER INTL INC COM 071813109 28031 650000 SH DEFINED 0131 650000
BAXTER INTL INC COM 071813109 5725 132750 SH DEFINED 0103 132750
BAY NETWORKS INC COM 072510100 503 28159 SH DEFINED 0103 28159
GREAT BAY POWER CORP COM 072728108 0 28 SH DEFINED 011621 28
BEACON OFFICE PROP COM 073678104 5168 156000 SH DEFINED 0132 156000
BS MEDTRONIC COM 07383P999 17232 275000 SH DEFINED 0130 275000
BECKMAN INSTRUMENTS COM 075816108 5250 125000 SH DEFINED 0128 125000
BECKMAN INSTRUMENTS COM 075816108 17850 425000 SH DEFINED 0131 425000
BECKMAN INSTRUMENTS COM 075816108 798 19000 SH DEFINED 0103 19000
BECTON DICKINSON COM 075887109 811 18027 SH DEFINED 0103 18027
BELDEN INC COM 077459105 8550 240000 SH DEFINED 0128 240000
BELL ATLANTIC COM 077853109 36525 600000 SH DEFINED 0113 600000
BELL ATLANTIC COM 077853109 11871 195000 SH DEFINED 0107 195000
BELL ATLANTIC COM 077853109 27394 450000 SH DEFINED 0131 450000
BELL ATLANTIC COM 077853109 5084 83507 SH DEFINED 0103 83507
BELL SOUTH COM 079860102 29575 700000 SH DEFINED 0130 700000
BELL SOUTH COM 079860102 9718 230000 SH DEFINED 0108 230000
BELL SOUTH COM 079860102 110695 2620000 SH DEFINED 0126 2620000
BELL SOUTH COM 079860102 40138 950000 SH DEFINED 0113 950000
BELL SOUTH COM 079860102 29575 700000 SH DEFINED 0132 700000
BELL SOUTH COM 079860102 10985 260000 SH DEFINED 0124 260000
BELL SOUTH COM 079860102 10905 258100 SH DEFINED 0125 258100
BELL SOUTH COM 079860102 18590 440000 SH DEFINED 0107 440000
BELL SOUTH COM 079860102 2535 60000 SH DEFINED 011620 60000
BELL SOUTH COM 079860102 23681 560470 SH DEFINED 0102 560470
BELL SOUTH COM 079860102 27463 650000 SH DEFINED 0131 650000
BELL SOUTH COM 079860102 8382 198355 SH DEFINED 0103 198355
BELL SOUTH COM 079860102 11303 267530 SH DEFINED 01 267530
A.H BELO SER A COM 080555105 8325 225000 SH DEFINED 0108 225000
A.H BELO SER A COM 080555105 25900 700000 SH DEFINED 0126 700000
A.H BELO SER A COM 080555105 22112 597575 SH DEFINED 0102 597575
A.H BELO SER A COM 080555105 365 9875 SH DEFINED 0103 9875
BEMIS CO. COM 081437105 302 7549 SH DEFINED 0103 7549
BENEDEK COM WARRANTS WARRANT 08170W114 210 70000 SH DEFINED 0109 70000
<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
BENEFICIAL CORP COM 081721102 605 9361 SH DEFINED 0103 9361
BETHLEHEM STEEL COM 087509105 134 16250 SH DEFINED 0103 16250
BETZ LABORATORIES COM 087779104 14203 225000 SH DEFINED 0108 225000
BETZ LABORATORIES COM 087779104 63125 1000000 SH DEFINED 011516 1000000
BETZ LABORATORIES COM 087779104 2904 46000 SH DEFINED 011619 46000
BETZ LABORATORIES COM 087779104 10416 165000 SH DEFINED 011614 165000
BEVERLY ENTERPRISES COM 087851101 3420 240000 SH DEFINED 011619 240000
BEVERLY ENTERPRISES COM 087851101 13110 920000 SH DEFINED 011614 920000
BEVERLY ENTERPRISES COM 087851101 601 42162 SH DEFINED 0102 42162
BEVERLY ENTERPRISES COM 087851101 205 14421 SH DEFINED 0103 14421
BEVERLY ENTERPRISES COM 087851101 648 45500 SH DEFINED 01 45500
BILLING INFO CONCEPT COM 090063108 4560 190000 SH DEFINED 011614 190000
BIO TECH GENERAL COM 090578105 1188 95000 SH DEFINED 011619 95000
BIO TECH GENERAL COM 090578105 4500 360000 SH DEFINED 011614 360000
BIOCHEM PHARMA INC COM 09058T108 21500 500000 SH DEFINED 011516 500000
BIOCHEM PHARMA INC COM 09058T108 2580 60000 SH DEFINED 011619 60000
BIOCHEM PHARMA INC COM 09058T108 10750 250000 SH DEFINED 011614 250000
BIOCHEM PHARMA INC COM 09058T108 140 3250 SH DEFINED 0102 3250
BIOCHEM PHARMA INC COM 09058T108 7731 179800 SH DEFINED 0131 179800
BIOCHEM PHARMA INC COM 09058T108 383 8900 SH DEFINED 0103 8900
BIOGEN INC COM 090597105 6541 175000 SH DEFINED 0135 175000
BIOGEN INC COM 090597105 4111 110000 SH DEFINED 011619 110000
BIOGEN INC COM 090597105 16819 450000 SH DEFINED 011614 450000
BIOGEN INC COM 090597105 44364 1187035 SH DEFINED 0102 1187035
BIOGEN INC COM 090597105 9860 263800 SH DEFINED 0131 263800
BIOGEN INC COM 090597105 890 23820 SH DEFINED 0103 23820
BIOGEN INC COM 090597105 411 11000 SH DEFINED 01 11000
BIOMET COM 090613100 284 16817 SH DEFINED 0103 16817
BIOVAIL CORP INTERNA COM 09067K106 6975 300000 SH DEFINED 0135 300000
BIOSITE DIAGNOSTIC COM 090945106 658 67500 SH DEFINED 011614 67500
BIRMINGHAM STEEL COR COM 091250100 42 2400 SH DEFINED 0102 2400
BLACK & DECKER COM 091797100 409 12722 SH DEFINED 0103 12722
BLACK HILLS CORP COM 092113109 2625 100000 SH DEFINED 0132 100000
BLOCK H&R INC COM 093671105 532 18125 SH DEFINED 0103 18125
BOEING COM 097023105 44381 450000 SH DEFINED 0130 450000
BOEING COM 097023105 7890 80000 SH DEFINED 0108 80000
BOEING COM 097023105 226838 2300000 SH DEFINED 0126 2300000
BOEING COM 097023105 4149 42066 SH DEFINED 0124 42066
BOEING COM 097023105 4504 45672 SH DEFINED 0125 45672
BOEING COM 097023105 54244 550000 SH DEFINED 011516 550000
BOEING COM 097023105 42409 430000 SH DEFINED 011618 430000
BOEING COM 097023105 4241 43000 SH DEFINED 011620 43000
BOEING COM 097023105 26898 272786 SH DEFINED 0102 272786
BOEING COM 097023105 5537 56148 SH DEFINED 0103 56148
BOEING COM 097023105 5523 56000 SH DEFINED 01 56000
BOISE CASCADE COM 097383103 213 6990 SH DEFINED 0103 6990
BOISE CASCADE OFFICE COM 097403109 17875 1100000 SH DEFINED 0106 1100000
BOMBAY INC COM 097924104 140 33800 SH DEFINED 0102 33800
BOSTON SCIENTIFIC COM 101137107 74100 1200000 SH DEFINED 0126 1200000
BOSTON SCIENTIFIC COM 101137107 74100 1200000 SH DEFINED 0111 1200000
<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
BOSTON SCIENTIFIC COM 101137107 5644 91400 SH DEFINED 0124 91400
BOSTON SCIENTIFIC COM 101137107 5298 85800 SH DEFINED 0125 85800
BOSTON SCIENTIFIC COM 101137107 7410 120000 SH DEFINED 011622 120000
BOSTON SCIENTIFIC COM 101137107 16055 260000 SH DEFINED 011623 260000
BOSTON SCIENTIFIC COM 101137107 49400 800000 SH DEFINED 011516 800000
BOSTON SCIENTIFIC COM 101137107 50635 820000 SH DEFINED 011618 820000
BOSTON SCIENTIFIC COM 101137107 3088 50000 SH DEFINED 011619 50000
BOSTON SCIENTIFIC COM 101137107 13585 220000 SH DEFINED 011614 220000
BOSTON SCIENTIFIC COM 101137107 92866 1503923 SH DEFINED 0102 1503923
BOSTON SCIENTIFIC COM 101137107 25781 417500 SH DEFINED 0131 417500
BOSTON SCIENTIFIC COM 101137107 4723 76486 SH DEFINED 0103 76486
BOSTON SCIENTIFIC COM 101137107 6589 106700 SH DEFINED 01 106700
BRADY (WH) CO COM 104674106 2513 100000 SH DEFINED 0128 100000
BREED TECH COM 106702103 603 30900 SH DEFINED 0102 30900
BRIGGS & STRATTON COM 109043109 187 4177 SH DEFINED 0103 4177
BRISTOL MYERS SQUIBB COM 110122108 28320 480000 SH DEFINED 0113 480000
BRISTOL MYERS SQUIBB COM 110122108 22857 387400 SH DEFINED 0124 387400
BRISTOL MYERS SQUIBB COM 110122108 19529 331000 SH DEFINED 0125 331000
BRISTOL MYERS SQUIBB COM 110122108 18880 320000 SH DEFINED 0107 320000
BRISTOL MYERS SQUIBB COM 110122108 35400 600000 SH DEFINED 011516 600000
BRISTOL MYERS SQUIBB COM 110122108 11800 200000 SH DEFINED 011618 200000
BRISTOL MYERS SQUIBB COM 110122108 10374 175800 SH DEFINED 0102 175800
BRISTOL MYERS SQUIBB COM 110122108 19470 330000 SH DEFINED 0131 330000
BRISTOL MYERS SQUIBB COM 110122108 11644 197348 SH DEFINED 0103 197348
BRISTOL MYERS SQUIBB COM 110122108 3452 58500 SH DEFINED 01 58500
BRITISH PETRO ADR COM 110889409 18529 135000 SH DEFINED 0107 135000
BRITISH PETRO ADR COM 110889409 2333 17000 SH DEFINED 01 17000
BRITISH TELECOMM COM 111021408 38500 550000 SH DEFINED 0126 550000
BRITISH TELECOMM COM 111021408 13300 190000 SH DEFINED 0132 190000
BRITISH TELECOMM COM 111021408 17500 250000 SH DEFINED 0107 250000
BRITISH TELECOMM COM 111021408 70 1000 SH DEFINED 011618 1000
BROOKS FIBER PROP COM 114399108 7150 400000 SH DEFINED 0106 400000
BROOKS FIBER PROP COM 114399108 6659 372550 SH DEFINED 0102 372550
BROOKS FIBER PROP COM 114399108 4102 229500 SH DEFINED 0131 229500
BROOKS FIBER PROP COM 114399108 324 18100 SH DEFINED 0103 18100
BROWN FORMAN CL B COM 115637209 477 9980 SH DEFINED 0103 9980
BROWNING FERRIS IND COM 115885105 889 30787 SH DEFINED 0103 30787
BROWNING FERRIS35.62 CONV PFD STOCK 115885600 8813 295000 SH DEFINED 0107 295000
BROWNING FERRIS35.62 CONV PFD STOCK 115885600 6543 219000 SH DEFINED 01 219000
BRUNSWICK CORP COM 117043109 1290 48000 SH DEFINED 011619 48000
BRUNSWICK CORP COM 117043109 5079 189000 SH DEFINED 011614 189000
BRUNSWICK CORP COM 117043109 118 4400 SH DEFINED 0102 4400
BRUNSWICK CORP COM 117043109 383 14265 SH DEFINED 0103 14265
BURLINGTON COAT FACT COM 121579106 7542 419000 SH DEFINED 011614 419000
BURLINGTON N SANTA COM 12189T104 2220 30000 SH DEFINED 011620 30000
BURLINGTON N SANTA COM 12189T104 1643 22203 SH DEFINED 0103 22203
BURLINGTON N SANTA COM 12189T104 2257 30500 SH DEFINED 01 30500
BURLINGTON RESOURCES COM 122014103 775 18134 SH DEFINED 0103 18134
BURR BROWN COM 122574106 1664 51000 SH DEFINED 011619 51000
CBL & ASSOCIATES COM 124830100 12250 500000 SH DEFINED 0113 500000
<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
CBL & ASSOCIATES COM 124830100 490 20000 SH DEFINED 0103 20000
CBT GROUPS COM 124853102 2494 50000 SH DEFINED 0106 50000
C-COR ELECTRONICS IN COM 125010108 126 10400 SH DEFINED 0102 10400
CDI CORP COM 125071100 1285 34600 SH DEFINED 0102 34600
CDW COMPUTER CENTERS COM 125129106 1577 35000 SH DEFINED 0106 35000
CIGNA CORP COM 125509109 1596 10919 SH DEFINED 0103 10919
CKE RESTAURANTS INC. COM 12561E105 5851 264440 SH DEFINED 0103 264440
CMAC INVESTMENT CORP COM 125662106 6675 200000 SH DEFINED 0106 200000
CMS ENERGY CORP COM 125896100 65750 2000000 SH DEFINED 0126 2000000
CMS ENERGY CORP COM 125896100 14794 450000 SH DEFINED 0132 450000
CMS ENERGY CORP COM 125896100 6575 200000 SH DEFINED 0135 200000
CMS ENERGY CORP COM 125896100 3945 120000 SH DEFINED 011622 120000
CMS ENERGY CORP COM 125896100 13150 400000 SH DEFINED 011618 400000
CMS ENERGY CORP COM 125896100 2466 75000 SH DEFINED 011620 75000
CMS ENERGY CORP COM 125896100 6 176 SH DEFINED 0102 176
CMS ENERGY CORP COM 125896100 2827 86000 SH DEFINED 01 86000
CNS INC COM 126136100 501 50600 SH DEFINED 0102 50600
CPC INTL COM 126149103 20500 250000 SH DEFINED 0130 250000
CPC INTL COM 126149103 28700 350000 SH DEFINED 0124 350000
CPC INTL COM 126149103 23067 281300 SH DEFINED 0125 281300
CPC INTL COM 126149103 68778 838746 SH DEFINED 0102 838746
CPC INTL COM 126149103 20500 250000 SH DEFINED 0131 250000
CPC INTL COM 126149103 5942 72471 SH DEFINED 0103 72471
CSX CORP COM 126408103 22493 483705 SH DEFINED 0102 483705
CSX CORP COM 126408103 1754 37717 SH DEFINED 0103 37717
CSX CORP COM 126408103 465 10000 SH DEFINED 01 10000
CUC INT'L INC COM 126545102 31500 1400000 SH DEFINED 0126 1400000
CUC INT'L INC COM 126545102 8325 370000 SH DEFINED 0124 370000
CUC INT'L INC COM 126545102 7648 339900 SH DEFINED 0125 339900
CUC INT'L INC COM 126545102 24750 1100000 SH DEFINED 011618 1100000
CUC INT'L INC COM 126545102 39667 1762558 SH DEFINED 0102 1762558
CUC INT'L INC COM 126545102 2079 92355 SH DEFINED 0103 92355
CVS CORP COM 126650100 2768 60000 SH DEFINED 011619 60000
CVS CORP COM 126650100 12684 275000 SH DEFINED 011614 275000
CVS CORP COM 126650100 603 13090 SH DEFINED 0102 13090
CVS CORP COM 126650100 709 15371 SH DEFINED 0103 15371
CVS CORP COM 126650100 3874 84000 SH DEFINED 01 84000
CABLEVISION SYS PREFERRED STOCK 12686C869 28628 322572 SH DEFINED 0109 322572
CABLEVISION SYS PREFERRED STOCK 12686C869 489 5505 SH DEFINED 011620 5505
CABLETRON SYSTEMS COM 126920107 663 22665 SH DEFINED 0103 22665
CABLE DESIGN TECH COM 126924109 856 38500 SH DEFINED 0102 38500
CALIBER SYSTEM INC COM 129894101 1126 42500 SH DEFINED 0125 42500
CALIBER SYSTEM INC COM 129894101 10077 380258 SH DEFINED 0102 380258
CALIBER SYSTEM INC COM 129894101 239 9026 SH DEFINED 0103 9026
CAMBRDG TECH PRTNS COM 132524109 8094 350000 SH DEFINED 0106 350000
CAMBRDG TECH PRTNS COM 132524109 8465 366020 SH DEFINED 0102 366020
CAMBRDG TECH PRTNS COM 132524109 1893 81850 SH DEFINED 0131 81850
CAMBRDG TECH PRTNS COM 132524109 238 10280 SH DEFINED 0103 10280
CAMCO COM 132632100 7700 175000 SH DEFINED 0106 175000
CAMCO COM 132632100 5500 125000 SH DEFINED 0135 125000
<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
CAMCO COM 132632100 7859 178550 SH DEFINED 0102 178550
CAMCO COM 132632100 1407 31995 SH DEFINED 0103 31995
CAMPBELL RESOURCE WT COM 134422161 68 250000 SH DEFINED 0127 250000
CAMPBELL SOUP COM 134429109 3141 67734 SH DEFINED 0103 67734
CANNONDALE COM 137798104 842 45500 SH DEFINED 0102 45500
CAPITAL ONE FINL COR COM 14040H105 12716 341372 SH DEFINED 0103 341372
CAPSTAR HOTEL COM 140918103 4480 160000 SH DEFINED 011619 160000
CAPSTAR HOTEL COM 140918103 18480 660000 SH DEFINED 011614 660000
CAPSTAR HOTEL COM 140918103 367 13109 SH DEFINED 0102 13109
CARDINAL HEALTH COM 14149Y108 81563 1500000 SH DEFINED 0126 1500000
CARDINAL HEALTH COM 14149Y108 13186 242500 SH DEFINED 011618 242500
CARDINAL HEALTH COM 14149Y108 3263 60000 SH DEFINED 011619 60000
CARDINAL HEALTH COM 14149Y108 13050 240000 SH DEFINED 011614 240000
CARDINAL HEALTH COM 14149Y108 374 6875 SH DEFINED 0102 6875
CARDINAL HEALTH COM 14149Y108 11737 215850 SH DEFINED 0131 215850
CARDINAL HEALTH COM 14149Y108 538 9900 SH DEFINED 0103 9900
CARNIVAL CORP COM 143658102 10730 290000 SH DEFINED 0108 290000
CARNIVAL CORP COM 143658102 68450 1850000 SH DEFINED 011516 1850000
CARNIVAL CORP COM 143658102 2775 75000 SH DEFINED 011620 75000
CARNIVAL CORP COM 143658102 6810 184131 SH DEFINED 0102 184131
CARNIVAL CORP COM 143658102 3226 87200 SH DEFINED 0131 87200
CARNIVAL CORP COM 143658102 170 4600 SH DEFINED 0103 4600
CARNIVAL CORP COM 143658102 5921 160000 SH DEFINED 01 160000
CAROLINA POWER & LT COM 144141108 796 21950 SH DEFINED 0103 21950
CASE CORP COM 14743R103 542 10671 SH DEFINED 0103 10671
CATERPILLAR INC COM 149123101 32100 400000 SH DEFINED 0111 400000
CATERPILLAR INC COM 149123101 6420 80000 SH DEFINED 011622 80000
CATERPILLAR INC COM 149123101 14445 180000 SH DEFINED 011623 180000
CATERPILLAR INC COM 149123101 384 4800 SH DEFINED 0102 4800
CATERPILLAR INC COM 149123101 2231 27796 SH DEFINED 0103 27796
CELCARIBE 144A COM 150898104 1123 528450 SH DEFINED 0104 528450
CELCARIBE 144A COM 150898104 2540 1195110 SH DEFINED 0109 1195110
CELCARIBE 144A COM 150898104 587 276420 SH DEFINED 011621 276420
CEMEX ADR B** COM 151290202 5883 724000 SH DEFINED 0124 724000
CEMEX ADR B** COM 151290202 12074 1486000 SH DEFINED 0112 1486000
CEMEX ADR B** COM 151290202 16559 2038000 SH DEFINED 011617 2038000
CENTEX CORPORATION COM 152312104 144 4095 SH DEFINED 0103 4095
CENTOCOR INC COM 152342101 2135 70000 SH DEFINED 011619 70000
CENTOCOR INC COM 152342101 11590 380000 SH DEFINED 011614 380000
CENTOCOR INC COM 152342101 8945 293350 SH DEFINED 0102 293350
CENTOCOR INC COM 152342101 7704 252600 SH DEFINED 0131 252600
CENTOCOR INC COM 152342101 543 17800 SH DEFINED 0103 17800
CENTOCOR INC COM 152342101 2532 83000 SH DEFINED 01 83000
CENTRAL & S W COM 152357109 653 30571 SH DEFINED 0103 30571
CENTRAL VT PUB SRV COM 155771108 3841 361512 SH DEFINED 0103 361512
CENTURY TELEPHONE EN COM 156686107 6195 210000 SH DEFINED 0128 210000
CENTURY TELEPHONE EN COM 156686107 5900 200000 SH DEFINED 0132 200000
CEPHALON INC COM 156708109 1764 84000 SH DEFINED 011619 84000
CEPHALON INC COM 156708109 6741 321000 SH DEFINED 011614 321000
CERIDIAN CORP COM 15677T106 359 10004 SH DEFINED 0103 10004
<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
CHAMPION INTL COM 158525105 387 8500 SH DEFINED 0124 8500
CHAMPION INTL COM 158525105 632 13884 SH DEFINED 0103 13884
CHARTER ONE FINL INC COM 160903100 3291 75000 SH DEFINED 011619 75000
CHARTER ONE FINL INC COM 160903100 13601 310000 SH DEFINED 011614 310000
CHARMING SHOPPES COM 161133103 82 15248 SH DEFINED 0103 15248
CHASE MAHATTAN NEW COM 16161A108 5958 63632 SH DEFINED 0103 63632
CHASE MAHATTAN NEW COM 16161A108 5618 60000 SH DEFINED 01 60000
CHATEAU PROPERTIES COM 161739107 10161 392700 SH DEFINED 0131 392700
CHATEAU PROPERTIES COM 161739107 404 15630 SH DEFINED 0103 15630
CHECKPOINT SYSTEMS I COM 162825103 281 16400 SH DEFINED 0102 16400
CHEVRON CORP COM 166751107 38294 550000 SH DEFINED 0113 550000
CHEVRON CORP COM 166751107 14273 205000 SH DEFINED 0107 205000
CHEVRON CORP COM 166751107 27850 400000 SH DEFINED 0131 400000
CHEVRON CORP COM 166751107 7841 112626 SH DEFINED 0103 112626
CHIQUITA BRANDS INTL COM 170032106 2734 175000 SH DEFINED 011619 175000
CHIQUITA BRANDS INTL COM 170032106 10156 650000 SH DEFINED 011614 650000
CHIREX INC COM 170038103 7688 750000 SH DEFINED 0106 750000
CHRYSLER COM 171196108 102000 3400000 SH DEFINED 0126 3400000
CHRYSLER COM 171196108 15714 523800 SH DEFINED 0124 523800
CHRYSLER COM 171196108 13818 460600 SH DEFINED 0125 460600
CHRYSLER COM 171196108 10350 345000 SH DEFINED 0107 345000
CHRYSLER COM 171196108 66033 2200962 SH DEFINED 0102 2200962
CHRYSLER COM 171196108 4941 164690 SH DEFINED 0103 164690
CHRYSLER COM 171196108 7065 235500 SH DEFINED 01 235500
CHUBB CORP COM 171232101 1362 25288 SH DEFINED 0103 25288
CINCINNATI MILACRON COM 172172108 109 5818 SH DEFINED 0103 5818
CINERGY CORP COM 172474108 8531 250000 SH DEFINED 0132 250000
CINERGY CORP COM 172474108 779 22835 SH DEFINED 0103 22835
CIRCUIT CITY COM 172737108 5507 165000 SH DEFINED 0135 165000
CIRCUIT CITY COM 172737108 16688 500000 SH DEFINED 011516 500000
CIRCUIT CITY COM 172737108 2870 86000 SH DEFINED 011619 86000
CIRCUIT CITY COM 172737108 10814 324000 SH DEFINED 011614 324000
CIRCUIT CITY COM 172737108 28540 855088 SH DEFINED 0102 855088
CIRCUIT CITY COM 172737108 1030 30858 SH DEFINED 0103 30858
CIRCUIT CITY COM 172737108 816 24455 SH DEFINED 01 24455
CARMAX GROUP COM 172737306 3707 247000 SH DEFINED 0102 247000
CARMAX GROUP COM 172737306 61 4050 SH DEFINED 0103 4050
CISCO SYSTEMS COM 17275R102 19250 400000 SH DEFINED 0130 400000
CISCO SYSTEMS COM 17275R102 6738 140000 SH DEFINED 0108 140000
CISCO SYSTEMS COM 17275R102 221375 4600000 SH DEFINED 0126 4600000
CISCO SYSTEMS COM 17275R102 77000 1600000 SH DEFINED 0111 1600000
CISCO SYSTEMS COM 17275R102 5866 121900 SH DEFINED 0124 121900
CISCO SYSTEMS COM 17275R102 5534 115000 SH DEFINED 0125 115000
CISCO SYSTEMS COM 17275R102 10588 220000 SH DEFINED 011622 220000
CISCO SYSTEMS COM 17275R102 21175 440000 SH DEFINED 011623 440000
CISCO SYSTEMS COM 17275R102 14438 300000 SH DEFINED 011516 300000
CISCO SYSTEMS COM 17275R102 8663 180000 SH DEFINED 011618 180000
CISCO SYSTEMS COM 17275R102 3369 70000 SH DEFINED 011619 70000
CISCO SYSTEMS COM 17275R102 1684 35000 SH DEFINED 011620 35000
CISCO SYSTEMS COM 17275R102 14438 300000 SH DEFINED 011614 300000
<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
CISCO SYSTEMS COM 17275R102 192359 3997086 SH DEFINED 0102 3997086
CISCO SYSTEMS COM 17275R102 18851 391700 SH DEFINED 0131 391700
CISCO SYSTEMS COM 17275R102 7824 162580 SH DEFINED 0103 162580
CISCO SYSTEMS COM 17275R102 15854 329410 SH DEFINED 01 329410
CIRRUS LOGIC CVT CONV BOND 172755AA8 2181 2875000 PRN DEFINED 0104 2875000
CIRRUS LOGIC CVT CONV BOND 172755AA8 1726 2275000 PRN DEFINED 0109 2275000
CIRRUS LOGIC CVT CONV BOND 172755AA8 1203 1585000 PRN DEFINED 011621 1585000
CIRRUS LOGIC COM 172755100 236 19500 SH DEFINED 0102 19500
CITATION CORP/AL COM 172895104 875 60300 SH DEFINED 0102 60300
CITICORP COM 173034109 346400 3200000 SH DEFINED 0126 3200000
CITICORP COM 173034109 12990 120000 SH DEFINED 0124 120000
CITICORP COM 173034109 12200 112700 SH DEFINED 0125 112700
CITICORP COM 173034109 24898 230000 SH DEFINED 011618 230000
CITICORP COM 173034109 92427 853783 SH DEFINED 0102 853783
CITICORP COM 173034109 9067 83764 SH DEFINED 0103 83764
CITICORP COM 173034109 1949 18000 SH DEFINED 01 18000
CLAYTON HOMES INC COM 184190106 1724 135250 SH DEFINED 0108 135250
CLAYTON HOMES INC COM 184190106 21983 1724150 SH DEFINED 011618 1724150
CLAYTON HOMES INC COM 184190106 29890 2344229 SH DEFINED 0102 2344229
CLEAR CHANNEL COMMUN COM 184502102 45353 1057800 SH DEFINED 0102 1057800
CLEAR CHANNEL COMMUN COM 184502102 9988 232950 SH DEFINED 0131 232950
CLEAR CHANNEL COMMUN COM 184502102 1215 28350 SH DEFINED 0103 28350
CLEARNET COM WARRANT WARRANT 184902112 98 35640 SH DEFINED 0109 35640
CLEARNET COM WARRANT WARRANT 184902112 17 6270 SH DEFINED 011618 6270
CLEARNET COM WARRANT WARRANT 184902112 3 990 SH DEFINED 011620 990
CLOROX CO. COM 189054109 415 3700 SH DEFINED 0125 3700
CLOROX CO. COM 189054109 101 900 SH DEFINED 0102 900
CLOROX CO. COM 189054109 843 7520 SH DEFINED 0103 7520
COACH USA, INC COM 18975L106 1363 47000 SH DEFINED 011619 47000
COACH USA, INC COM 18975L106 7250 250000 SH DEFINED 011614 250000
COASTAL CORP COM 190441105 12000 250000 SH DEFINED 0132 250000
COASTAL CORP COM 190441105 732 15246 SH DEFINED 0103 15246
COCA-COLA COM 191216100 33525 600000 SH DEFINED 0130 600000
COCA-COLA COM 191216100 5867 105000 SH DEFINED 0108 105000
COCA-COLA COM 191216100 178800 3200000 SH DEFINED 0126 3200000
COCA-COLA COM 191216100 84187 1506700 SH DEFINED 0111 1506700
COCA-COLA COM 191216100 44102 789300 SH DEFINED 0124 789300
COCA-COLA COM 191216100 33078 592000 SH DEFINED 0125 592000
COCA-COLA COM 191216100 11130 199200 SH DEFINED 011622 199200
COCA-COLA COM 191216100 22305 399200 SH DEFINED 011623 399200
COCA-COLA COM 191216100 55875 1000000 SH DEFINED 011516 1000000
COCA-COLA COM 191216100 41348 740000 SH DEFINED 011618 740000
COCA-COLA COM 191216100 2224 39800 SH DEFINED 011620 39800
COCA-COLA COM 191216100 85327 1527075 SH DEFINED 0102 1527075
COCA-COLA COM 191216100 25050 448318 SH DEFINED 0103 448318
COGNIZANT CORP COM 192441103 723 24833 SH DEFINED 0103 24833
COHO ENERGY INC COM 192481109 463 63800 SH DEFINED 0102 63800
COLGATE-PALMOLIVE COM 194162103 39850 400000 SH DEFINED 0130 400000
COLGATE-PALMOLIVE COM 194162103 4981 50000 SH DEFINED 0124 50000
COLGATE-PALMOLIVE COM 194162103 2371 23800 SH DEFINED 0125 23800
<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
COLGATE-PALMOLIVE COM 194162103 290 2900 SH DEFINED 0102 2900
COLGATE-PALMOLIVE COM 194162103 2586 25964 SH DEFINED 0103 25964
COLUMBIA GAS SYSTEM COM 197648108 462 7988 SH DEFINED 0103 7988
COLUMBIA HEALTHCARE COM 197677107 3274 97378 SH DEFINED 0103 97378
COLUMBIA LABORATORIE COM 197779101 1078 88000 SH DEFINED 011619 88000
COLUMBIA LABORATORIE COM 197779101 4018 328000 SH DEFINED 011614 328000
COMCAST CORP CLA SPL COM 200300200 799 47349 SH DEFINED 0103 47349
COMERICA INC COM 200340107 882 15639 SH DEFINED 0103 15639
COMERICA FRAP PREFERRED STOCK 200340503 8382 150000 SH DEFINED 0105 150000
COMMWLTH ED $100 PVT PREFERRED STOCK 20279K2*7 6496 63068 SH DEFINED 0105 63068
COMMWLTH ED $100 PVT PREFERRED STOCK 20279K2*7 3347 32496 SH DEFINED 01 32496
COMMONWEALTH EDISON PREFERRED STOCK 2027953*9 7030 68250 SH DEFINED 0105 68250
COMMONWEALTH ALUM COM 202904108 6850 400000 SH DEFINED 0106 400000
COMMONWEALTH ALUM COM 202904108 2055 120000 SH DEFINED 011619 120000
COMMONWEALTH EDISON PREFERRED STOCK 202990925 3019 29203 SH DEFINED 01 29203
COMM&PWR IND 144A COM 20338A108 525 3500 SH DEFINED 0109 3500
CEMIG ADR COM 204409601 3570 85000 SH DEFINED 0124 85000
CEMIG ADR COM 204409601 7350 175000 SH DEFINED 0112 175000
CEMIG ADR COM 204409601 10500 250000 SH DEFINED 011617 250000
CANTV ADR COM 204421101 5825 200000 SH DEFINED 0135 200000
CANTV ADR COM 204421101 4360 149700 SH DEFINED 011618 149700
BUENAVENTURA ADR COM 204448104 8923 415000 SH DEFINED 0135 415000
COMPANIA DE TELECOMM COM 204449300 4888 170000 SH DEFINED 0135 170000
COMPAQ COMPUTER CORP COM 204493100 35631 465000 SH DEFINED 0130 465000
COMPAQ COMPUTER CORP COM 204493100 10344 135000 SH DEFINED 0108 135000
COMPAQ COMPUTER CORP COM 204493100 160913 2100000 SH DEFINED 0126 2100000
COMPAQ COMPUTER CORP COM 204493100 53638 700000 SH DEFINED 0111 700000
COMPAQ COMPUTER CORP COM 204493100 11693 152600 SH DEFINED 0124 152600
COMPAQ COMPUTER CORP COM 204493100 6345 82800 SH DEFINED 0125 82800
COMPAQ COMPUTER CORP COM 204493100 6896 90000 SH DEFINED 0135 90000
COMPAQ COMPUTER CORP COM 204493100 7663 100000 SH DEFINED 011622 100000
COMPAQ COMPUTER CORP COM 204493100 15325 200000 SH DEFINED 011623 200000
COMPAQ COMPUTER CORP COM 204493100 61300 800000 SH DEFINED 011516 800000
COMPAQ COMPUTER CORP COM 204493100 68963 900000 SH DEFINED 011618 900000
COMPAQ COMPUTER CORP COM 204493100 3525 46000 SH DEFINED 011620 46000
COMPAQ COMPUTER CORP COM 204493100 351875 4592170 SH DEFINED 0102 4592170
COMPAQ COMPUTER CORP COM 204493100 5618 73325 SH DEFINED 0103 73325
COMPAQ COMPUTER CORP COM 204493100 18475 241100 SH DEFINED 01 241100
COMPUTER ASSOC COM 204912109 9719 250000 SH DEFINED 0130 250000
COMPUTER ASSOC COM 204912109 4276 110000 SH DEFINED 0108 110000
COMPUTER ASSOC COM 204912109 54425 1400000 SH DEFINED 0126 1400000
COMPUTER ASSOC COM 204912109 8961 230500 SH DEFINED 0124 230500
COMPUTER ASSOC COM 204912109 6635 170675 SH DEFINED 0125 170675
COMPUTER ASSOC COM 204912109 25269 650000 SH DEFINED 011618 650000
COMPUTER ASSOC COM 204912109 218735 5626615 SH DEFINED 0102 5626615
COMPUTER ASSOC COM 204912109 4155 106916 SH DEFINED 0103 106916
COMPUTER ASSOC COM 204912109 8357 214950 SH DEFINED 01 214950
COMPUTER SCIENCES COM 205363104 61750 1000000 SH DEFINED 0126 1000000
COMPUTER SCIENCES COM 205363104 341 5530 SH DEFINED 0124 5530
COMPUTER SCIENCES COM 205363104 299 4850 SH DEFINED 0102 4850
<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
COMPUTER SCIENCES COM 205363104 8546 138400 SH DEFINED 0131 138400
COMPUTER SCIENCES COM 205363104 1126 18228 SH DEFINED 0103 18228
COMPUTER TASK GROUP COM 205477102 2627 74000 SH DEFINED 011614 74000
CONAGRA COM 205887102 21700 400000 SH DEFINED 0130 400000
CONAGRA COM 205887102 7866 145000 SH DEFINED 0108 145000
CONAGRA COM 205887102 219713 4050000 SH DEFINED 0126 4050000
CONAGRA COM 205887102 43400 800000 SH DEFINED 011516 800000
CONAGRA COM 205887102 21700 400000 SH DEFINED 011618 400000
CONAGRA COM 205887102 10390 191530 SH DEFINED 0102 191530
CONAGRA COM 205887102 2372 43724 SH DEFINED 0103 43724
CONAGRA COM 205887102 5926 109230 SH DEFINED 01 109230
CONCORDIA PAPER COM 206575102 383 90000 SH DEFINED 0128 90000
CONNECT INC COM 207528100 35 8700 SH DEFINED 0102 8700
CONRAIL INC. COM 208368100 1309 11608 SH DEFINED 0103 11608
CONSECO INC COM 208464107 866 24300 SH DEFINED 0103 24300
CONSOLIDATED EDISON COM 209111103 1024 34142 SH DEFINED 0103 34142
CON EDISON $100 SR J PREFERRED STOCK 209111863 15263 150000 SH DEFINED 0105 150000
CON EDISON $100 SR J PREFERRED STOCK 209111863 2544 25000 SH DEFINED 01 25000
CON EDISON 7.2 SER I PREFERRED STOCK 209111871 3385 32550 SH DEFINED 0105 32550
CON EDISON 7.2 SER I PREFERRED STOCK 209111871 3172 30500 SH DEFINED 01 30500
CONSOLIDATED NAT GAS COM 209615103 693 13756 SH DEFINED 0103 13756
CONSOLIDATED STORES COM 210149100 10815 306800 SH DEFINED 0111 306800
COOPER CAMERON COM 216640102 2740 40000 SH DEFINED 011619 40000
COOPER CAMERON COM 216640102 13015 190000 SH DEFINED 011614 190000
COOPER INDUSTRIES COM 216669101 680 15685 SH DEFINED 0103 15685
COOPER TIRE & RUBBER COM 216831107 221 11958 SH DEFINED 0103 11958
COORS ADOLPH COM 217016104 116 5473 SH DEFINED 0103 5473
CORESTATES FINANCIAL COM 218695104 1533 32264 SH DEFINED 0103 32264
CORNERSTONE IMAGING COM 21922W100 2 300 SH DEFINED 0102 300
CORNING (DEL) MIPS PREFERRED STOCK 219319209 15593 220000 SH DEFINED 0107 220000
CORNING INC COM 219350105 1481 33379 SH DEFINED 0103 33379
PRICE COSTCO COM 22160Q102 4696 170000 SH DEFINED 011619 170000
PRICE COSTCO COM 22160Q102 18509 670000 SH DEFINED 011614 670000
PRICE COSTCO COM 22160Q102 10900 394590 SH DEFINED 0102 394590
PRICE COSTCO COM 22160Q102 1066 38562 SH DEFINED 0103 38562
CRANE CO. COM 224399105 210 6705 SH DEFINED 0103 6705
CRESTAR FINANCIAL CO COM 226091106 319 9216 SH DEFINED 0102 9216
CRESTAR FINANCIAL CO COM 226091106 9300 268600 SH DEFINED 0131 268600
CRESTAR FINANCIAL CO COM 226091106 454 13100 SH DEFINED 0103 13100
CRESUD ADR COM 226406106 5625 300000 SH DEFINED 0135 300000
CROMPTON & KNOWLES COM 227111101 1950 100000 SH DEFINED 011619 100000
CROMPTON & KNOWLES COM 227111101 10140 520000 SH DEFINED 011614 520000
CROWN CORK & SEAL COM 228255105 30975 600000 SH DEFINED 0130 600000
CROWN CORK & SEAL COM 228255105 14713 285000 SH DEFINED 0108 285000
CROWN CORK & SEAL COM 228255105 64531 1250000 SH DEFINED 0126 1250000
CROWN CORK & SEAL COM 228255105 13970 270600 SH DEFINED 0124 270600
CROWN CORK & SEAL COM 228255105 11740 227400 SH DEFINED 0125 227400
CROWN CORK & SEAL COM 228255105 6711 130000 SH DEFINED 0135 130000
CROWN CORK & SEAL COM 228255105 56788 1100000 SH DEFINED 011516 1100000
CROWN CORK & SEAL COM 228255105 56788 1100000 SH DEFINED 011618 1100000
<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
CROWN CORK & SEAL COM 228255105 1678 32500 SH DEFINED 011620 32500
CROWN CORK & SEAL COM 228255105 207781 4024564 SH DEFINED 0102 4024564
CROWN CORK & SEAL COM 228255105 3932 76167 SH DEFINED 0103 76167
CROWN CORK & SEAL COM 228255105 19204 372000 SH DEFINED 01 372000
CROWN CORK CVT PFD CONV PFD STOCK 228255303 11081 225000 SH DEFINED 0130 225000
CROWN CORK CVT PFD CONV PFD STOCK 228255303 32998 670000 SH DEFINED 0107 670000
CROWN CORK CVT PFD CONV PFD STOCK 228255303 3448 70000 SH DEFINED 01 70000
CROWN PKG WTS WARRANT 228443115 1 10000 SH DEFINED 0109 10000
CS WIRELESS SYS 144A COM 22942T101 0 3163 SH DEFINED 0109 3163
CS WIRELESS SYS 144A COM 22942T101 0 2255 SH DEFINED 0124 2255
CS WIRELESS SYS 144A COM 22942T101 0 550 SH DEFINED 011618 550
CULLIGAN WATER COM 230029100 4304 110000 SH DEFINED 0108 110000
CULLIGAN WATER COM 230029100 15650 400000 SH DEFINED 0111 400000
CULLIGAN WATER COM 230029100 3130 80000 SH DEFINED 011620 80000
CULLIGAN WATER COM 230029100 40947 1046580 SH DEFINED 0102 1046580
CULLIGAN WATER COM 230029100 12813 327500 SH DEFINED 0131 327500
CULLIGAN WATER COM 230029100 1239 31670 SH DEFINED 0103 31670
CUMMINS ENGINE COM 231021106 293 5723 SH DEFINED 0103 5723
CYPRUS AMAX MINERALS COM 232809103 322 13570 SH DEFINED 0103 13570
DQE COM 23329J104 8325 300000 SH DEFINED 0132 300000
DPL INC COM 233293109 13269 550000 SH DEFINED 0132 550000
DPL INC COM 233293109 15199 630000 SH DEFINED 0107 630000
DSC COMMUNICATIONS COM 233311109 357 17058 SH DEFINED 0103 17058
DSP COMMUNICATIONS I COM 23332K106 1554 161500 SH DEFINED 01 161500
DST SYSTEMS COM 233326107 17143 601440 SH DEFINED 0102 601440
DST SYSTEMS COM 233326107 230 8060 SH DEFINED 0103 8060
DT INDUSTRIES INC. COM 23333J108 7875 300000 SH DEFINED 0106 300000
DTE ENERGY COMPANY COM 233331107 18141 675000 SH DEFINED 0113 675000
DTE ENERGY COMPANY COM 233331107 565 21028 SH DEFINED 0103 21028
DAIMLER-BENZ AG ADR COM 233829308 5794 75000 SH DEFINED 0135 75000
DAIRY MART WARRANTS WARRANT 2338602*5 103 51666 SH DEFINED 0104 51666
DAIRY MART WARRANTS WARRANT 2338602*5 623 311333 SH DEFINED 0109 311333
DAIRY MART WARRANTS WARRANT 2338602*5 20 10000 SH DEFINED 011621 10000
DALLAS SEMICONDUCTOR COM 235204104 3101 117000 SH DEFINED 011619 117000
DANA CORP COM 235811106 484 14729 SH DEFINED 0103 14729
DANAHER CORP COM 235851102 9366 225000 SH DEFINED 0108 225000
DANAHER CORP COM 235851102 6244 150000 SH DEFINED 0128 150000
DANKA BUSINESS SYS P COM 236277109 47156 1500000 SH DEFINED 0111 1500000
DANKA BUSINESS SYS P COM 236277109 5030 160000 SH DEFINED 011622 160000
DANKA BUSINESS SYS P COM 236277109 11003 350000 SH DEFINED 011623 350000
DANKA BUSINESS SYS P COM 236277109 189 6000 SH DEFINED 0102 6000
DARDEN RESTAURANT COM 237194105 87 11100 SH DEFINED 0102 11100
DARDEN RESTAURANT COM 237194105 180 22858 SH DEFINED 0103 22858
DATA GENERAL COM 237688106 97 5712 SH DEFINED 0103 5712
DATA I/O COM 237690102 0 1 SH DEFINED 0103 1
DAYTON HUDSON CORP COM 239753106 1311 31402 SH DEFINED 0103 31402
DAYTON MINING 144A CONV BOND 239902AB5 1920 2000000 PRN DEFINED 0127 2000000
DEAN WITTER COM 24240V101 29644 850000 SH DEFINED 011618 850000
DEAN WITTER COM 24240V101 369 10600 SH DEFINED 0102 10600
DEAN WITTER COM 24240V101 11251 322600 SH DEFINED 0131 322600
<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
DEAN WITTER COM 24240V101 2474 70938 SH DEFINED 0103 70938
DEERE & COMPANY COM 244199105 43500 1000000 SH DEFINED 0130 1000000
DEERE & COMPANY COM 244199105 7178 165000 SH DEFINED 0108 165000
DEERE & COMPANY COM 244199105 174000 4000000 SH DEFINED 0126 4000000
DEERE & COMPANY COM 244199105 52200 1200000 SH DEFINED 0111 1200000
DEERE & COMPANY COM 244199105 16413 377300 SH DEFINED 0124 377300
DEERE & COMPANY COM 244199105 14198 326400 SH DEFINED 0125 326400
DEERE & COMPANY COM 244199105 7439 171000 SH DEFINED 011622 171000
DEERE & COMPANY COM 244199105 12789 294000 SH DEFINED 011623 294000
DEERE & COMPANY COM 244199105 65250 1500000 SH DEFINED 011516 1500000
DEERE & COMPANY COM 244199105 30450 700000 SH DEFINED 011618 700000
DEERE & COMPANY COM 244199105 219574 5047521 SH DEFINED 0102 5047521
DEERE & COMPANY COM 244199105 4196 96467 SH DEFINED 0103 96467
DEERE & COMPANY COM 244199105 13138 302000 SH DEFINED 01 302000
DELL COMPUTER CORP COM 247025109 2164 32000 SH DEFINED 0124 32000
DELL COMPUTER CORP COM 247025109 2732 40400 SH DEFINED 0125 40400
DELL COMPUTER CORP COM 247025109 142 2100 SH DEFINED 0102 2100
DELL COMPUTER CORP COM 247025109 1967 29085 SH DEFINED 0103 29085
DELTA & PINE LAND CO COM 247357106 15502 500050 SH DEFINED 0111 500050
DELTA & PINE LAND CO COM 247357106 2635 85000 SH DEFINED 011619 85000
DELTA & PINE LAND CO COM 247357106 10075 325000 SH DEFINED 011614 325000
DELTA & PINE LAND CO COM 247357106 1807 58181 SH DEFINED 0102 58181
DELTA & PINE LAND CO COM 247357106 4817 155400 SH DEFINED 0131 155400
DELTA & PINE LAND CO COM 247357106 259 8350 SH DEFINED 0103 8350
DELTA & PINE LAND CO COM 247357106 1907 61500 SH DEFINED 01 61500
DELTA AIR LINES COM 247361108 908 10793 SH DEFINED 0103 10793
DELUXE CORPORATION COM 248019101 22663 700000 SH DEFINED 0131 700000
DELUXE CORPORATION COM 248019101 871 26906 SH DEFINED 0103 26906
DENTSPLY INTERNATL I COM 249030107 4500 90000 SH DEFINED 0128 90000
DENTSPLY INTERNATL I COM 249030107 3465 69300 SH DEFINED 011619 69300
DENTSPLY INTERNATL I COM 249030107 13650 273000 SH DEFINED 011614 273000
DENTSPLY INTERNATL I COM 249030107 2201 44011 SH DEFINED 0102 44011
DENTSPLY INTERNATL I COM 249030107 775 15500 SH DEFINED 01 15500
DEPARTMENT 56 COM 249509100 3475 200000 SH DEFINED 0128 200000
DEPOTECH COM 249673104 1708 112000 SH DEFINED 011619 112000
DEPOTECH COM 249673104 6527 428000 SH DEFINED 011614 428000
DEVELOPERS DIV COM 251591103 11442 303100 SH DEFINED 0113 303100
DEVELOPERS DIV COM 251591103 11325 300000 SH DEFINED 0131 300000
DEVON ENERGY COM 251799102 7500 250000 SH DEFINED 0106 250000
DEVON ENERGY COM 251799102 13660 455285 SH DEFINED 0102 455285
DEVON ENERGY COM 251799102 206 6865 SH DEFINED 0103 6865
DIAL CORP COM 25247D101 3548 220000 SH DEFINED 011620 220000
DIGITAL EQUIPMENT COM 253849103 614 22431 SH DEFINED 0103 22431
DILLARD DEPT CLASS A COM 254063100 521 16526 SH DEFINED 0103 16526
DISCO COM 254609100 3263 100000 SH DEFINED 0135 100000
DISNEY WALT CO COM 254687106 21900 300000 SH DEFINED 0130 300000
DISNEY WALT CO COM 254687106 10950 150000 SH DEFINED 011618 150000
DISNEY WALT CO COM 254687106 7183 98400 SH DEFINED 0103 98400
DODGE & COX STOCK COM 256219106 168 2078 SH DEFINED 0103 2078
DOLLAR GENERAL COM 256669102 3750 120000 SH DEFINED 0108 120000
<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
DOLLAR GENERAL COM 256669102 20324 650375 SH DEFINED 011618 650375
DOLLAR GENERAL COM 256669102 5578 178500 SH DEFINED 011619 178500
DOLLAR GENERAL COM 256669102 3125 100000 SH DEFINED 011620 100000
DOLLAR GENERAL COM 256669102 22766 728500 SH DEFINED 011614 728500
DOLLAR GENERAL COM 256669102 338 10812 SH DEFINED 0102 10812
DOLLAR GENERAL COM 256669102 10613 339625 SH DEFINED 0131 339625
DOLLAR GENERAL COM 256669102 484 15500 SH DEFINED 0103 15500
DOMINICKS SUPERMKTS COM 257159103 3059 133000 SH DEFINED 011619 133000
DOMINICKS SUPERMKTS COM 257159103 12213 531000 SH DEFINED 011614 531000
DOMINION RES INC VA COM 257470104 18188 500000 SH DEFINED 0113 500000
DOMINION RES INC VA COM 257470104 1590 43700 SH DEFINED 0125 43700
DOMINION RES INC VA COM 257470104 967 26600 SH DEFINED 0102 26600
DOMINION RES INC VA COM 257470104 1339 36818 SH DEFINED 0103 36818
DONNELLEY (RR)&SONS COM 257867101 34875 1000000 SH DEFINED 0130 1000000
DONNELLEY (RR)&SONS COM 257867101 760 21796 SH DEFINED 0103 21796
DOVER CORP COM 260003108 137868 2626058 SH DEFINED 0103 2626058
DOW CHEMICAL COM 260543103 40000 500000 SH DEFINED 0113 500000
DOW CHEMICAL COM 260543103 11600 145000 SH DEFINED 0107 145000
DOW CHEMICAL COM 260543103 30000 375000 SH DEFINED 0131 375000
DOW CHEMICAL COM 260543103 4097 51217 SH DEFINED 0103 51217
DOW CHEMICAL COM 260543103 6720 84000 SH DEFINED 01 84000
DOW JONES & CO COM 260561105 568 13985 SH DEFINED 0103 13985
DRESSER INDUSTRIES COM 261597108 771 25501 SH DEFINED 0103 25501
DRIEFONTEIN CON ADR COM 262026503 925 100000 SH DEFINED 0127 100000
DREYFUS MONEY MARKET COM 262904204 4 3898 SH DEFINED 01 3898
E I DUPONT COM 263534109 11 100 SH DEFINED 0102 100
E I DUPONT COM 263534109 8659 81689 SH DEFINED 0103 81689
E I DUPONT COM 263534109 2332 22000 SH DEFINED 01 22000
D & P UTLY INCOME FD COM 264324104 4216 475000 SH DEFINED 0128 475000
DUKE POWER COMPANY COM 264399106 9928 225000 SH DEFINED 0132 225000
DUKE POWER COMPANY COM 264399106 14120 320000 SH DEFINED 0107 320000
DUKE POWER COMPANY COM 264399106 1291 29251 SH DEFINED 0103 29251
DUKE POWER COMPANY COM 264399106 1544 35000 SH DEFINED 01 35000
DUKE REALTY COM 264411505 6094 150000 SH DEFINED 0132 150000
DUKE REALTY COM 264411505 5281 130000 SH DEFINED 0107 130000
DUN & BRADSTREET CP COM 264830100 29181 1150000 SH DEFINED 0113 1150000
DUN & BRADSTREET CP COM 264830100 21569 850000 SH DEFINED 0107 850000
DUN & BRADSTREET CP COM 264830100 91 3600 SH DEFINED 0102 3600
DUN & BRADSTREET CP COM 264830100 1591 62724 SH DEFINED 0103 62724
DURA AUTOMOTIVE SYST COM 265903104 5170 220000 SH DEFINED 0128 220000
DURA AUTOMOTIVE SYST COM 265903104 7638 325000 SH DEFINED 0106 325000
DUPONT PHOTO COM 26613X101 1133 30000 SH DEFINED 0128 30000
E G & G INC COM 268457108 143 6832 SH DEFINED 0103 6832
EMC CORPORATION COM 268648102 1199 33787 SH DEFINED 0103 33787
ENSCO INTL INC COM 26874Q100 3694 75000 SH DEFINED 0135 75000
ENSCO INTL INC COM 26874Q100 1428 29000 SH DEFINED 011619 29000
ENSCO INTL INC COM 26874Q100 5270 107000 SH DEFINED 011614 107000
ENSCO INTL INC COM 26874Q100 34440 699300 SH DEFINED 0102 699300
ENSCO INTL INC COM 26874Q100 468 9500 SH DEFINED 0103 9500
E TRADE COM 269246104 540 30000 SH DEFINED 0128 30000
<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
EASTERN ENTERPRISES COM 27637F100 91 2933 SH DEFINED 0103 2933
EASTMAN CHEMICAL CO COM 277432100 604 11233 SH DEFINED 0103 11233
EASTMAN KODAK COM 277461109 3669 48353 SH DEFINED 0103 48353
EATON CORP COM 278058102 27372 386200 SH DEFINED 0130 386200
EATON CORP COM 278058102 790 11143 SH DEFINED 0103 11143
ECHLIN INC COM 278749106 305 8961 SH DEFINED 0103 8961
ECHO BAY MINES LTD COM 278751102 134 20219 SH DEFINED 0103 20219
ECHOSTAR COMMUN CORP COM 278762109 2050 100000 SH DEFINED 0109 100000
ECOLAB, INC. COM 278865100 7144 188000 SH DEFINED 0128 188000
ECOLAB, INC. COM 278865100 371 9750 SH DEFINED 0102 9750
ECOLAB, INC. COM 278865100 12069 317600 SH DEFINED 0131 317600
ECOLAB, INC. COM 278865100 857 22546 SH DEFINED 0103 22546
E.C. SOFT GROUP PLC COM 279240105 1214 145000 SH DEFINED 0106 145000
EDISON INTL COM 281020107 12375 550000 SH DEFINED 0132 550000
EDISON INTL COM 281020107 1414 62835 SH DEFINED 0103 62835
A.G. EDWARDS INC. COM 281760108 3044 99000 SH DEFINED 011619 99000
A.G. EDWARDS INC. COM 281760108 13530 440000 SH DEFINED 011614 440000
A.G. EDWARDS INC. COM 281760108 596 19375 SH DEFINED 0102 19375
A.G. EDWARDS INC. COM 281760108 661 21500 SH DEFINED 01 21500
EL PASO NATURAL GAS COM 283695872 8494 150000 SH DEFINED 0132 150000
EL PASO NATURAL GAS COM 283695872 3001 53000 SH DEFINED 011619 53000
EL PASO NATURAL GAS COM 283695872 11268 199000 SH DEFINED 011614 199000
EL PASO NATURAL GAS COM 283695872 3567 63000 SH DEFINED 01 63000
ELAN CORP PLC ADR COM 284131208 20475 600000 SH DEFINED 011516 600000
ELF AQUITAINE ADR COM 286269105 24625 500000 SH DEFINED 0130 500000
ELF AQUITAINE ADR COM 286269105 17976 365000 SH DEFINED 011618 365000
ELTRON INTERNATIONAL COM 290382100 628 32000 SH DEFINED 0102 32000
ANDINA COM 29081P105 5198 140000 SH DEFINED 0135 140000
ANDINA COM 29081P105 75 2011 SH DEFINED 0102 2011
EMCOR Z WTS COM 29084Q134 0 3168 SH DEFINED 0103 3168
EMCOR CORP COM 290846104 115 10300 SH DEFINED 011619 10300
EMCOR CORP COM 290846104 432 38800 SH DEFINED 011614 38800
EMERSON ELECTRIC COM 291011104 18000 400000 SH DEFINED 0130 400000
EMERSON ELECTRIC COM 291011104 11475 255000 SH DEFINED 0108 255000
EMERSON ELECTRIC COM 291011104 162000 3600000 SH DEFINED 0126 3600000
EMERSON ELECTRIC COM 291011104 38250 850000 SH DEFINED 0113 850000
EMERSON ELECTRIC COM 291011104 29592 657600 SH DEFINED 0124 657600
EMERSON ELECTRIC COM 291011104 20961 465800 SH DEFINED 0125 465800
EMERSON ELECTRIC COM 291011104 45000 1000000 SH DEFINED 011516 1000000
EMERSON ELECTRIC COM 291011104 24975 555000 SH DEFINED 011618 555000
EMERSON ELECTRIC COM 291011104 5400 120000 SH DEFINED 011620 120000
EMERSON ELECTRIC COM 291011104 209379 4652483 SH DEFINED 0102 4652483
EMERSON ELECTRIC COM 291011104 27000 600000 SH DEFINED 0131 600000
EMERSON ELECTRIC COM 291011104 7667 170354 SH DEFINED 0103 170354
EMERSON ELECTRIC COM 291011104 8865 197000 SH DEFINED 01 197000
SBH EMERSON5%2/27/97 CONV PFD STOCK 291011997 28509 615380 SH DEFINED 0130 615380
SBH EMERSON5%2/27/97 CONV PFD STOCK 291011997 15738 339700 SH DEFINED 0107 339700
EMISPERE COM 291345106 1235 76000 SH DEFINED 011619 76000
EMISPERE COM 291345106 5135 316000 SH DEFINED 011614 316000
EMMIS BROADCASTING C COM 291525103 310 8000 SH DEFINED 0102 8000
<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
EMMIS BROADCASTING C COM 291525103 9625 248800 SH DEFINED 0131 248800
EMMIS BROADCASTING C COM 291525103 453 11700 SH DEFINED 0103 11700
EMPIRE DISTRICT ELEC COM 291641108 9351 526800 SH DEFINED 0103 526800
EMPRESA NACIONAL DE COM 292447208 4995 77000 SH DEFINED 0132 77000
EMPRESAS ICA S COM 292448107 3175 200000 SH DEFINED 0128 200000
EMPRESAS ICA S COM 292448107 6350 400000 SH DEFINED 0135 400000
ENERGY BIO 144A $50 CONV PFD STOCK 29265L201 1575 35000 SH DEFINED 011614 35000
ENGELHARD CORP COM 292845104 372 17700 SH DEFINED 0125 17700
ENGELHARD CORP COM 292845104 507 24157 SH DEFINED 0103 24157
ENRON CORP COM 293561106 194 5100 SH DEFINED 0102 5100
ENRON CORP COM 293561106 1402 36894 SH DEFINED 0103 36894
ENRON CORP COM 293561106 703 18500 SH DEFINED 01 18500
ENRON OIL & GAS CO COM 293562104 32695 1575631 SH DEFINED 0102 1575631
ENRON OIL & GAS CO COM 293562104 9985 481200 SH DEFINED 0131 481200
ENRON OIL & GAS CO COM 293562104 1037 49955 SH DEFINED 0103 49955
ENSERCH CORP COM 293567103 206 10071 SH DEFINED 0103 10071
ENTERGY ARKANSAS $25 PREFERRED STOCK 29364D878 3423 129188 SH DEFINED 0105 129188
ENTERGY CORP COM 29364G103 24500 1000000 SH DEFINED 0113 1000000
ENTERGY CORP COM 29364G103 17763 725000 SH DEFINED 0131 725000
ENTERGY CORP COM 29364G103 1606 65534 SH DEFINED 0103 65534
ENTERGY LA INC PFD PREFERRED STOCK 29364M878 7394 70000 SH DEFINED 0105 70000
ENTERGY LA INC PFD PREFERRED STOCK 29364M878 2113 20000 SH DEFINED 01 20000
ENTERGY LA $100 PREFERRED STOCK 29364M886 8080 80000 SH DEFINED 0105 80000
EPIC VS LARGE CO COM 294299995 539 31250 SH DEFINED 0102 31250
EQUIFAX INC COM 294429105 2589 95000 SH DEFINED 011619 95000
EQUIFAX INC COM 294429105 11581 425000 SH DEFINED 011614 425000
EQUIFAX INC COM 294429105 583 21376 SH DEFINED 0102 21376
EQUIFAX INC COM 294429105 640 23500 SH DEFINED 01 23500
EQUITABLE COS INC COM 29444G107 1 22 SH DEFINED 0116 22
EQUITABLE OF IOWA CO COM 294510300 2600 52000 SH DEFINED 011619 52000
EQUITABLE OF IOWA CO COM 294510300 9850 197000 SH DEFINED 011614 197000
EQUITY CORP INT'L COM 294644109 4725 225000 SH DEFINED 0128 225000
EQUITY CORP INT'L COM 294644109 7350 350000 SH DEFINED 0106 350000
EQUITY CORP INT'L COM 294644109 2793 133000 SH DEFINED 011619 133000
EQUITY CORP INT'L COM 294644109 10500 500000 SH DEFINED 011614 500000
EQUITY CORP INT'L COM 294644109 626 29800 SH DEFINED 0102 29800
EQUITY CORP INT'L COM 294644109 401 19100 SH DEFINED 0131 19100
EQUITY CORP INT'L COM 294644109 24 1100 SH DEFINED 0103 1100
EQUITY RESIDENTIAL COM 29476L107 4438 100000 SH DEFINED 0132 100000
EQUITY RESIDENTIAL COM 29476L107 5547 125000 SH DEFINED 0107 125000
ERICSSON LM 'B' ADR COM 294821400 142013 4200000 SH DEFINED 0126 4200000
ERICSSON LM 'B' ADR COM 294821400 50719 1500000 SH DEFINED 0111 1500000
ERICSSON LM 'B' ADR COM 294821400 10144 300000 SH DEFINED 0132 300000
ERICSSON LM 'B' ADR COM 294821400 8453 250000 SH DEFINED 011622 250000
ERICSSON LM 'B' ADR COM 294821400 20288 600000 SH DEFINED 011623 600000
ERICSSON LM 'B' ADR COM 294821400 44802 1325000 SH DEFINED 011618 1325000
ERICSSON LM 'B' ADR COM 294821400 2705 80000 SH DEFINED 011620 80000
ERICSSON LM 'B' ADR COM 294821400 29976 886567 SH DEFINED 0102 886567
ERICSSON LM 'B' ADR COM 294821400 831 24550 SH DEFINED 0103 24550
ERICSSON LM 'B' ADR COM 294821400 16924 500500 SH DEFINED 01 500500
<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
ERICSSON LM ADR'S COM 294821509 33250 7000000 SH DEFINED 0130 7000000
ETHAN ALLEN COM 297602104 10962 252000 SH DEFINED 0111 252000
EURONET SERVICES COM 298736109 3264 256000 SH DEFINED 0135 256000
EVEREST REINSURANCE COM 299808105 2938 100000 SH DEFINED 011619 100000
EVEREST REINSURANCE COM 299808105 7344 250000 SH DEFINED 011614 250000
EVEREST REINSURANCE COM 299808105 35909 1222133 SH DEFINED 0102 1222133
EVEREST REINSURANCE COM 299808105 7229 246100 SH DEFINED 0131 246100
EVEREST REINSURANCE COM 299808105 373 12700 SH DEFINED 0103 12700
EXECUTIVE RISK COM 301586103 6024 129900 SH DEFINED 0128 129900
EXIDE ELECTRS GROUP COM 302052105 1414 130000 SH DEFINED 011619 130000
EXPRESS SCRIPT COM 302182100 250 7001 SH DEFINED 0102 7001
EXTENDED STAY AMERIC COM 30224P101 1062 72000 SH DEFINED 011619 72000
EXTENDED STAY AMERIC COM 30224P101 3953 268000 SH DEFINED 011614 268000
EXTENDED STAY AM COM 30224P994 29500 2000000 SH DEFINED 011618 2000000
EXXON COM 302290101 107750 1000000 SH DEFINED 0126 1000000
EXXON COM 302290101 29631 275000 SH DEFINED 0113 275000
EXXON COM 302290101 19395 180000 SH DEFINED 0107 180000
EXXON COM 302290101 64650 600000 SH DEFINED 011516 600000
EXXON COM 302290101 21550 200000 SH DEFINED 0131 200000
EXXON COM 302290101 20387 189206 SH DEFINED 0103 189206
EYE CARE CTR WTS'03 WARRANT 302294137 12 3000 SH DEFINED 011621 3000
F & M BANCORPORATION COM 302371109 1340 45810 SH DEFINED 0128 45810
FMC CORP COM 302491303 327 5345 SH DEFINED 0103 5345
FPA CAPITAL COM 302539101 7170 222123 SH DEFINED 0103 222123
FPA MEDICAL MGMT INC COM 302543103 2406 125000 SH DEFINED 011619 125000
FPA MEDICAL MGMT INC COM 302543103 9625 500000 SH DEFINED 011614 500000
FPA MEDICAL MGMT INC COM 302543103 8121 421950 SH DEFINED 0102 421950
FPA MEDICAL MGMT INC COM 302543103 7213 374700 SH DEFINED 0131 374700
FPA MEDICAL MGMT INC COM 302543103 501 26000 SH DEFINED 0103 26000
FPL GROUP INC. COM 302571104 26475 600000 SH DEFINED 0130 600000
FPL GROUP INC. COM 302571104 13238 300000 SH DEFINED 0132 300000
FPL GROUP INC. COM 302571104 1769 40100 SH DEFINED 0125 40100
FPL GROUP INC. COM 302571104 15003 340000 SH DEFINED 0107 340000
FPL GROUP INC. COM 302571104 963 21800 SH DEFINED 0102 21800
FPL GROUP INC. COM 302571104 1545 35020 SH DEFINED 0103 35020
FSI INTL INC COM 302633102 834 74100 SH DEFINED 011619 74100
FSI INTL INC COM 302633102 3216 285900 SH DEFINED 011614 285900
FAIRFIELD COMMUNITIE COM 304231301 1175 47000 SH DEFINED 011619 47000
FALCON DRILLING COM 305914103 741 20000 SH DEFINED 0102 20000
FAMILY DLR STORES COM 307000109 4208 180000 SH DEFINED 011619 180000
FAMILY DLR STORES COM 307000109 16363 700000 SH DEFINED 011614 700000
FAMILY DLR STORES COM 307000109 886 37925 SH DEFINED 0102 37925
FAMILY DLR STORES COM 307000109 947 40500 SH DEFINED 01 40500
FEDERAL EXPRESS COM 313309106 859 16482 SH DEFINED 0103 16482
FED HOME LOAN MTG CP COM 313400301 10366 380400 SH DEFINED 0124 380400
FED HOME LOAN MTG CP COM 313400301 8848 324700 SH DEFINED 0125 324700
FED HOME LOAN MTG CP COM 313400301 804 29500 SH DEFINED 0102 29500
FED HOME LOAN MTG CP COM 313400301 4486 164628 SH DEFINED 0103 164628
FEDERAL NATL MTGE COM 313586109 21675 600000 SH DEFINED 011618 600000
FEDERAL NATL MTGE COM 313586109 26607 736500 SH DEFINED 0102 736500
<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
FEDERAL NATL MTGE COM 313586109 6859 189875 SH DEFINED 0103 189875
FEDERATED DEPT CONV BOND 31410HAE1 5800 5000000 PRN DEFINED 0130 5000000
FEDERATED DPT STORES COM 31410H101 16438 500000 SH DEFINED 0130 500000
FEDERATED DPT STORES COM 31410H101 10684 325000 SH DEFINED 0108 325000
FEDERATED DPT STORES COM 31410H101 5605 170500 SH DEFINED 0124 170500
FEDERATED DPT STORES COM 31410H101 5967 181500 SH DEFINED 0125 181500
FEDERATED DPT STORES COM 31410H101 49313 1500000 SH DEFINED 011516 1500000
FEDERATED DPT STORES COM 31410H101 2433 74000 SH DEFINED 011619 74000
FEDERATED DPT STORES COM 31410H101 9041 275000 SH DEFINED 011614 275000
FEDERATED DPT STORES COM 31410H101 71916 2187570 SH DEFINED 0102 2187570
FEDERATED DPT STORES COM 31410H101 1889 57431 SH DEFINED 0103 57431
FEDERATED DPT STORES COM 31410H101 6756 205500 SH DEFINED 01 205500
FELCOR HOTEL COM 314305103 8269 225000 SH DEFINED 0106 225000
FELCOR HOTEL COM 314305103 7350 200000 SH DEFINED 0107 200000
FIDELITY MAGELLAN FD COM 316184100 204 2547 SH DEFINED 0103 2547
FIDELITY MAGELLAN FD COM 316184100 5 62 SH DEFINED 01 62
FIDELITY LOW STOCK COM 316345305 154 7205 SH DEFINED 0103 7205
FIFTH THIRD BANCORP COM 316773100 1192 15379 SH DEFINED 0103 15379
FILENET CORP COM 316869106 250 15500 SH DEFINED 0102 15500
FINOVA GROUP INC. COM 317928109 20288 300000 SH DEFINED 0106 300000
FINOVA GROUP INC. COM 317928109 12990 192100 SH DEFINED 0102 192100
FINOVA GROUP INC. COM 317928109 9934 146900 SH DEFINED 0131 146900
FINOVA GROUP INC. COM 317928109 723 10700 SH DEFINED 0103 10700
FINOVA GROUP INC. COM 317928109 1514 22393 SH DEFINED 01 22393
FINOVA GRP CVT PFD CONV PFD STOCK 31808E207 10450 200000 SH DEFINED 0130 200000
FIRST BANK SYSTEM COM 319279105 219 3000 SH DEFINED 0102 3000
FIRST BANK SYSTEM COM 319279105 1424 19500 SH DEFINED 0103 19500
FIRST CHICAGO NBD COM 31945A100 3 50 SH DEFINED 011623 50
FIRST CHICAGO NBD COM 31945A100 45 833 SH DEFINED 0102 833
FIRST CHICAGO NBD COM 31945A100 2504 46257 SH DEFINED 0103 46257
FIRST CHI SRV 50 NBD CONV PFD STOCK 31945A407 12557 129450 SH DEFINED 01 129450
FIRST DATA CORP COM 319963104 60975 1800000 SH DEFINED 0126 1800000
FIRST DATA CORP COM 319963104 53140 1568720 SH DEFINED 0111 1568720
FIRST DATA CORP COM 319963104 12629 372800 SH DEFINED 0124 372800
FIRST DATA CORP COM 319963104 9400 277500 SH DEFINED 0125 277500
FIRST DATA CORP COM 319963104 5928 175000 SH DEFINED 0135 175000
FIRST DATA CORP COM 319963104 5097 150456 SH DEFINED 011622 150456
FIRST DATA CORP COM 319963104 11741 346588 SH DEFINED 011623 346588
FIRST DATA CORP COM 319963104 23713 700000 SH DEFINED 011618 700000
FIRST DATA CORP COM 319963104 2710 80000 SH DEFINED 011620 80000
FIRST DATA CORP COM 319963104 34355 1014225 SH DEFINED 0102 1014225
FIRST DATA CORP COM 319963104 3956 116770 SH DEFINED 0103 116770
1ST USA PAYMENTECH COM 336912100 8321 318500 SH DEFINED 011618 318500
FIRST UNION CORP COM 337358105 36506 450000 SH DEFINED 0130 450000
FIRST UNION CORP COM 337358105 13386 165000 SH DEFINED 0108 165000
FIRST UNION CORP COM 337358105 36506 450000 SH DEFINED 0113 450000
FIRST UNION CORP COM 337358105 9164 112964 SH DEFINED 0124 112964
FIRST UNION CORP COM 337358105 7439 91700 SH DEFINED 0125 91700
FIRST UNION CORP COM 337358105 18659 230000 SH DEFINED 0107 230000
FIRST UNION CORP COM 337358105 48675 600000 SH DEFINED 011516 600000
<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
FIRST UNION CORP COM 337358105 2961 36500 SH DEFINED 011620 36500
FIRST UNION CORP COM 337358105 878 10830 SH DEFINED 0102 10830
FIRST UNION CORP COM 337358105 25554 315000 SH DEFINED 0131 315000
FIRST UNION CORP COM 337358105 5673 69928 SH DEFINED 0103 69928
FIRST VIRGINIA BANK COM 337477103 8303 162000 SH DEFINED 0128 162000
FIRST VIRTUAL INC COM 337486104 675 100000 SH DEFINED 0111 100000
RAC FINANCIAL COM 33763B103 3314 110000 SH DEFINED 011619 110000
RAC FINANCIAL COM 33763B103 12653 420000 SH DEFINED 011614 420000
FISERV INC COM 337738108 7798 209350 SH DEFINED 0126 209350
FISERV INC COM 337738108 19556 525000 SH DEFINED 0106 525000
FISERV INC COM 337738108 42838 1150000 SH DEFINED 011516 1150000
FISERV INC COM 337738108 1818 48800 SH DEFINED 011619 48800
FISERV INC COM 337738108 7931 212900 SH DEFINED 011614 212900
FISERV INC COM 337738108 18 500 SH DEFINED 0102 500
FISERV INC COM 337738108 682 18300 SH DEFINED 0131 18300
FISERV INC COM 337738108 35 950 SH DEFINED 0103 950
FISHER SCIENTIFIC IN COM 338032105 4413 100000 SH DEFINED 0128 100000
FISHER SCIENTIFIC IN COM 338032105 8825 200000 SH DEFINED 0106 200000
FISHER SCIENTIFIC IN COM 338032105 232 5250 SH DEFINED 0102 5250
FISHER SCIENTIFIC IN COM 338032105 6553 148500 SH DEFINED 0131 148500
FISHER SCIENTIFIC IN COM 338032105 340 7700 SH DEFINED 0103 7700
FLAGSTAR COMPANIES COM 338471105 674 1268372 SH DEFINED 0103 1268372
FLEET FINANCIAL GRP COM 338915101 2180 38083 SH DEFINED 0103 38083
FLEETWOOD ENTERPRISE COM 339099103 129 5147 SH DEFINED 0103 5147
FLEMING CO COM 339130106 95 5438 SH DEFINED 0103 5438
FLORIDA PROGRESS COM 341109106 1063 35000 SH DEFINED 01 35000
FLUOR CORP COM 343861100 1638 31200 SH DEFINED 0108 31200
FLUOR CORP COM 343861100 28749 547600 SH DEFINED 0126 547600
FLUOR CORP COM 343861100 9815 186950 SH DEFINED 011516 186950
FLUOR CORP COM 343861100 1055 20100 SH DEFINED 011620 20100
FLUOR CORP COM 343861100 19333 368090 SH DEFINED 0102 368090
FLUOR CORP COM 343861100 729 13862 SH DEFINED 0103 13862
FLUOR CORP COM 343861100 3911 74500 SH DEFINED 01 74500
FOODMAKER INC WARRANT 344839113 209 7000 SH DEFINED 0109 7000
FORD MOTOR COM 345370100 34513 1100000 SH DEFINED 0113 1100000
FORD MOTOR COM 345370100 5952 189700 SH DEFINED 0124 189700
FORD MOTOR COM 345370100 5246 167200 SH DEFINED 0125 167200
FORD MOTOR COM 345370100 13178 420000 SH DEFINED 0107 420000
FORD MOTOR COM 345370100 645 20600 SH DEFINED 0102 20600
FORD MOTOR COM 345370100 25884 825000 SH DEFINED 0131 825000
FORD MOTOR COM 345370100 7235 230597 SH DEFINED 0103 230597
FORD MOTOR COM 345370100 3938 125500 SH DEFINED 01 125500
FORD MOTOR CO $50 CONV PFD STOCK 345370209 31 300 SH DEFINED 0102 300
FORT HOWARD COM 347461105 2864 92000 SH DEFINED 011619 92000
FORT HOWARD COM 347461105 10800 347000 SH DEFINED 011614 347000
FOSTER WHEELER COM 350244109 209 5922 SH DEFINED 0103 5922
FOUNDATION HEALTH CO COM 350401105 3650 100000 SH DEFINED 011619 100000
FOUNDATION HEALTH CO COM 350401105 13688 375000 SH DEFINED 011614 375000
FRAMLINGTON MAGHREB COM 351689997 2808 47400 SH DEFINED 0112 47400
FRAMLINGTON MAGHREB COM 351689997 2963 50000 SH DEFINED 011617 50000
<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
FRANKLIN CUSTODY FD COM 353496607 0 34 SH DEFINED 01 34
FRANKLIN RESOURCES COM 354613101 6120 120000 SH DEFINED 0108 120000
FRANKLIN RESOURCES COM 354613101 5100 100000 SH DEFINED 011622 100000
FRANKLIN RESOURCES COM 354613101 10200 200000 SH DEFINED 011623 200000
FRANKLIN RESOURCES COM 354613101 25500 500000 SH DEFINED 011516 500000
FRANKLIN RESOURCES COM 354613101 3703 72600 SH DEFINED 011619 72600
FRANKLIN RESOURCES COM 354613101 14178 278000 SH DEFINED 011614 278000
FRANKLIN RESOURCES COM 354613101 3315 65000 SH DEFINED 01 65000
FREEPORT COPPER 'B' COM 35671D857 45563 1500000 SH DEFINED 0130 1500000
FREEPORT COPPER 'B' COM 35671D857 4556 150000 SH DEFINED 0124 150000
FREEPORT COPPER 'B' COM 35671D857 7594 250000 SH DEFINED 0127 250000
FREEPORT COPPER 'B' COM 35671D857 6512 214400 SH DEFINED 0125 214400
FREEPORT COPPER 'B' COM 35671D857 15188 500000 SH DEFINED 011618 500000
FREEPORT COPPER 'B' COM 35671D857 1573 51823 SH DEFINED 0102 51823
FREEPORT COPPER 'B' COM 35671D857 1660 54637 SH DEFINED 0103 54637
FRONTIER COMM COM 35906P105 425 23800 SH DEFINED 0103 23800
FRUIT OF THE LOOM A COM 359416104 33200 800000 SH DEFINED 0126 800000
FRUIT OF THE LOOM A COM 359416104 5022 121000 SH DEFINED 011619 121000
FRUIT OF THE LOOM A COM 359416104 20543 495000 SH DEFINED 011614 495000
FRUIT OF THE LOOM A COM 359416104 975 23471 SH DEFINED 0102 23471
FRUIT OF THE LOOM A COM 359416104 463 11168 SH DEFINED 0103 11168
FRUIT OF THE LOOM A COM 359416104 6869 165500 SH DEFINED 01 165500
GATX CORP COM 361448103 19550 400000 SH DEFINED 0113 400000
GST 13.875CVT 12/00 CONV BOND 361942AA3 799 1045000 PRN DEFINED 0104 1045000
GST 13.875CVT 12/00 CONV BOND 361942AA3 1775 2320000 PRN DEFINED 0109 2320000
GST 13.875CVT 12/00 CONV BOND 361942AA3 765 1000000 PRN DEFINED 0124 1000000
GST 13.875CVT 12/00 CONV BOND 361942AA3 1335 1745000 PRN DEFINED 011621 1745000
GST 13.875CVT 12/00 CONV BOND 361942AA3 421 550000 PRN DEFINED 011618 550000
GST 13.875CVT 12/00 CONV BOND 361942AA3 38 50000 PRN DEFINED 011620 50000
GPU INC COM 36225X100 26503 825000 SH DEFINED 0113 825000
GPU INC COM 36225X100 10441 325000 SH DEFINED 0132 325000
GPU INC COM 36225X100 4819 150000 SH DEFINED 0135 150000
GPU INC COM 36225X100 16866 525000 SH DEFINED 0131 525000
GPU INC COM 36225X100 1365 42484 SH DEFINED 0103 42484
GTE CORP COM 362320103 23313 500000 SH DEFINED 0130 500000
GTE CORP COM 362320103 39631 850000 SH DEFINED 0113 850000
GTE CORP COM 362320103 24478 525000 SH DEFINED 0132 525000
GTE CORP COM 362320103 12589 270000 SH DEFINED 0124 270000
GTE CORP COM 362320103 17088 366500 SH DEFINED 0125 366500
GTE CORP COM 362320103 24012 515000 SH DEFINED 0107 515000
GTE CORP COM 362320103 22147 475000 SH DEFINED 011618 475000
GTE CORP COM 362320103 1403 30100 SH DEFINED 0102 30100
GTE CORP COM 362320103 25644 550000 SH DEFINED 0131 550000
GTE CORP COM 362320103 8769 188074 SH DEFINED 0103 188074
GABLE RESIDENTIAL COM 362418105 12113 475000 SH DEFINED 0113 475000
GABLE RESIDENTIAL COM 362418105 4590 180000 SH DEFINED 0107 180000
GABLE RESIDENTIAL COM 362418105 561 22000 SH DEFINED 0103 22000
GALOOB (LEWIS) TOYS COM 364091108 266 14400 SH DEFINED 0102 14400
GANNETT CO INC COM 364730101 5582 65000 SH DEFINED 0108 65000
GANNETT CO INC COM 364730101 42938 500000 SH DEFINED 0113 500000
<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
GANNETT CO INC COM 364730101 5384 62700 SH DEFINED 0125 62700
GANNETT CO INC COM 364730101 300 3500 SH DEFINED 0102 3500
GANNETT CO INC COM 364730101 32203 375000 SH DEFINED 0131 375000
GANNETT CO INC COM 364730101 3045 35455 SH DEFINED 0103 35455
GAP INC., THE COM 364760108 1378 41149 SH DEFINED 0103 41149
GART GROUP COM 366651107 15097 698070 SH DEFINED 0102 698070
GART GROUP COM 366651107 5335 246700 SH DEFINED 0131 246700
GART GROUP COM 366651107 508 23480 SH DEFINED 0103 23480
GASONICS INT'L CORP COM 367278108 1026 72000 SH DEFINED 0128 72000
GAYLORD CONTAINER COM 368145108 2652 437500 SH DEFINED 0109 437500
GAYLORD CONTAIN WTS WARRANT 368145116 3586 562500 SH DEFINED 0109 562500
GENCORP INC COM 368682100 4133 217500 SH DEFINED 01 217500
GENENTECH SPEC COM COM 368710307 2285 40000 SH DEFINED 011619 40000
GENENTECH SPEC COM COM 368710307 7998 140000 SH DEFINED 011614 140000
GENERAL DYNAMICS COM 369550108 1482 22000 SH DEFINED 0124 22000
GENERAL DYNAMICS COM 369550108 815 12100 SH DEFINED 0125 12100
GENERAL DYNAMICS COM 369550108 13 200 SH DEFINED 0102 200
GENERAL DYNAMICS COM 369550108 618 9169 SH DEFINED 0103 9169
GENERAL ELECTRIC COM 369604103 57069 575000 SH DEFINED 0130 575000
GENERAL ELECTRIC COM 369604103 377150 3800000 SH DEFINED 0126 3800000
GENERAL ELECTRIC COM 369604103 17369 175000 SH DEFINED 0113 175000
GENERAL ELECTRIC COM 369604103 22560 227300 SH DEFINED 0124 227300
GENERAL ELECTRIC COM 369604103 18609 187500 SH DEFINED 0125 187500
GENERAL ELECTRIC COM 369604103 2978 30000 SH DEFINED 0135 30000
GENERAL ELECTRIC COM 369604103 70259 707900 SH DEFINED 011516 707900
GENERAL ELECTRIC COM 369604103 59550 600000 SH DEFINED 011618 600000
GENERAL ELECTRIC COM 369604103 173091 1744075 SH DEFINED 0102 1744075
GENERAL ELECTRIC COM 369604103 10918 110000 SH DEFINED 0131 110000
GENERAL ELECTRIC COM 369604103 28966 291848 SH DEFINED 0103 291848
GENERAL ELECTRIC COM 369604103 22209 223755 SH DEFINED 01 223755
GENERAL INSTRUMENT C COM 370121105 454 19837 SH DEFINED 0103 19837
GENERAL MILLS COM 370334104 15531 250000 SH DEFINED 0113 250000
GENERAL MILLS COM 370334104 1416 22786 SH DEFINED 0103 22786
GENERAL MOTORS COM 370442105 20804 375700 SH DEFINED 0124 375700
GENERAL MOTORS COM 370442105 19226 347200 SH DEFINED 0125 347200
GENERAL MOTORS COM 370442105 8306 150000 SH DEFINED 0135 150000
GENERAL MOTORS COM 370442105 90212 1629128 SH DEFINED 0102 1629128
GENERAL MOTORS COM 370442105 8761 158210 SH DEFINED 0103 158210
GENERAL MOTORS COM 370442105 5371 97000 SH DEFINED 01 97000
GENERAL MOTORS CL H COM 370442501 27125 500000 SH DEFINED 0130 500000
GENERAL MOTORS CL H COM 370442501 2713 50000 SH DEFINED 011620 50000
GENERAL NUTRITION IN COM 37047F103 134 6600 SH DEFINED 0102 6600
GENERAL RE CORP COM 370563108 1900 12028 SH DEFINED 0103 12028
GENERAL SIGNAL COM 370838104 14993 383200 SH DEFINED 0124 383200
GENERAL SIGNAL COM 370838104 10247 261900 SH DEFINED 0125 261900
GENERAL SIGNAL COM 370838104 11738 300000 SH DEFINED 0107 300000
GENERAL SIGNAL COM 370838104 11738 300000 SH DEFINED 011516 300000
GENERAL SIGNAL COM 370838104 52700 1347041 SH DEFINED 0102 1347041
GENERAL SIGNAL COM 370838104 7825 200000 SH DEFINED 0131 200000
GENERAL SIGNAL COM 370838104 1329 33968 SH DEFINED 0103 33968
<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
GENERAL SIGNAL COM 370838104 5634 144000 SH DEFINED 01 144000
GENTEX CORP COM 371901109 9875 500000 SH DEFINED 0111 500000
GENTEX CORP COM 371901109 18405 931855 SH DEFINED 0102 931855
GENTEX CORP COM 371901109 175 8850 SH DEFINED 0103 8850
GENESIS HEALTH VENT COM 371912106 7031 225000 SH DEFINED 0106 225000
GENESIS HEALTH VENT COM 371912106 3281 105000 SH DEFINED 011619 105000
GENESIS HEALTH VENT COM 371912106 12313 394000 SH DEFINED 011614 394000
GENSIA PHARMACEUTICS COM 372450106 1 161 SH DEFINED 0111 161
GEON COMPANY COM 37246W105 11044 475000 SH DEFINED 0131 475000
GENUINE PARTS COM 372460105 27975 600000 SH DEFINED 0130 600000
GENUINE PARTS COM 372460105 32638 700000 SH DEFINED 0113 700000
GENUINE PARTS COM 372460105 17018 365000 SH DEFINED 0107 365000
GENUINE PARTS COM 372460105 65 1400 SH DEFINED 0102 1400
GENUINE PARTS COM 372460105 25644 550000 SH DEFINED 0131 550000
GENUINE PARTS COM 372460105 1933 41467 SH DEFINED 0103 41467
GENUINE PARTS COM 372460105 7431 159375 SH DEFINED 01 159375
GENZYME CORP COM 372917104 74 3300 SH DEFINED 0102 3300
GENZYME CORP COM 372917104 4887 217200 SH DEFINED 0131 217200
GENZYME CORP COM 372917104 230 10200 SH DEFINED 0103 10200
GEORGIA PACIFIC COM 373298108 957 13200 SH DEFINED 0124 13200
GEORGIA PACIFIC COM 373298108 1218 16800 SH DEFINED 0125 16800
GEORGIA PACIFIC COM 373298108 30 400 SH DEFINED 0102 400
GEORGIA PACIFIC COM 373298108 1176 16218 SH DEFINED 0103 16218
GEOTEK CORP CONV BOND 373654AH5 3936 4630000 PRN DEFINED 0104 4630000
GEOTEK CORP CONV BOND 373654AH5 3936 4630000 PRN DEFINED 0109 4630000
GEOTEK CORP CONV BOND 373654AH5 2363 2780000 PRN DEFINED 0124 2780000
GEOTEK CORP CONV BOND 373654AH5 3936 4630000 PRN DEFINED 011621 4630000
GEOTEK CORP CONV BOND 373654AH5 1573 1850000 PRN DEFINED 011618 1850000
GEOTEK CORP CONV BOND 373654AH5 196 230000 PRN DEFINED 011620 230000
GEOTEK COMM WTS COM 373654136 873 872500 SH DEFINED 0109 872500
GEOTEK COMM WTS COM 373654136 250 250000 SH DEFINED 011621 250000
GETCHELL GOLD CORP COM 374265106 38439 946200 SH DEFINED 0130 946200
GETCHELL GOLD CORP COM 374265106 6256 154000 SH DEFINED 0127 154000
GETCHELL GOLD CORP COM 374265106 6094 150000 SH DEFINED 0135 150000
GIANT FOOD CL A COM 374478105 279 8709 SH DEFINED 0103 8709
GIDDINGS & LEWIS WIS COM 375048105 71 4762 SH DEFINED 0103 4762
GILLETTE CO COM 375766102 43575 600000 SH DEFINED 0130 600000
GILLETTE CO COM 375766102 6536 90000 SH DEFINED 0108 90000
GILLETTE CO COM 375766102 159775 2200000 SH DEFINED 0126 2200000
GILLETTE CO COM 375766102 5941 81800 SH DEFINED 0124 81800
GILLETTE CO COM 375766102 5585 76900 SH DEFINED 0125 76900
GILLETTE CO COM 375766102 36313 500000 SH DEFINED 011516 500000
GILLETTE CO COM 375766102 10894 150000 SH DEFINED 011618 150000
GILLETTE CO COM 375766102 82595 1137272 SH DEFINED 0102 1137272
GILLETTE CO COM 375766102 7144 98377 SH DEFINED 0103 98377
GLOBAL DIRECTMAIL COM 379321102 6950 400000 SH DEFINED 0106 400000
GLOBAL MARINE COM 379352404 2903 135000 SH DEFINED 011619 135000
GLOBAL MARINE COM 379352404 12900 600000 SH DEFINED 011614 600000
GOLD FIELDS SO AFRIC COM 380597500 243 10000 SH DEFINED 0127 10000
GOLDEN WEST FIN COM 381317106 523 8340 SH DEFINED 0103 8340
<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
GS-CIRCUIT CITY PERC PREFERRED STOCK 38141MBL4 17223 535715 SH DEFINED 0130 535715
GS-CIRCUIT CITY PERC PREFERRED STOCK 38141MBL4 11482 357143 SH DEFINED 0107 357143
GOODRICH B.F. COM 382388106 95 2600 SH DEFINED 0102 2600
GOODRICH B.F. COM 382388106 285 7792 SH DEFINED 0103 7792
GOODYEAR COM 382550101 65 1250 SH DEFINED 0102 1250
GOODYEAR COM 382550101 1176 22502 SH DEFINED 0103 22502
W R GRACE COM 383911104 569 12007 SH DEFINED 0103 12007
GRAINGER (W.W.) COM 384802104 567 7661 SH DEFINED 0103 7661
GRAND MET PLC -ADR COM 386090302 23320 731594 SH DEFINED 0103 731594
GRAND MET PLC 144A CONV BOND 386098AA5 23750 20000000 PRN DEFINED 0113 20000000
GREAT A. & P. TEA COM 390064103 142 5596 SH DEFINED 0103 5596
GREAT LAKES CHEM CO COM 390568103 421 9151 SH DEFINED 0103 9151
GREAT WESTERN FIN CP COM 391442100 806 19951 SH DEFINED 0103 19951
GREEN TREE FINL CORP COM 393505102 40500 1200000 SH DEFINED 0111 1200000
GREEN TREE FINL CORP COM 393505102 5063 150000 SH DEFINED 011622 150000
GREEN TREE FINL CORP COM 393505102 6750 200000 SH DEFINED 011623 200000
GREEN TREE FINL CORP COM 393505102 53156 1575000 SH DEFINED 011618 1575000
GREEN TREE FINL CORP COM 393505102 15898 470974 SH DEFINED 0102 470974
GREEN TREE FINL CORP COM 393505102 6595 195400 SH DEFINED 0131 195400
GREEN TREE FINL CORP COM 393505102 1300 38495 SH DEFINED 0103 38495
GREEN TREE FINL CORP COM 393505102 624 18500 SH DEFINED 01 18500
GREENFIELDS COM 395058100 169 7700 SH DEFINED 0102 7700
GRIFFON CORP COM 398433102 7200 600000 SH DEFINED 0128 600000
GROUPA IMSA SA COM 40048T106 4883 210000 SH DEFINED 0135 210000
G-TELEVISA COM 40049J206 888 35700 SH DEFINED 0124 35700
G-TELEVISA COM 40049J206 1811 72800 SH DEFINED 0112 72800
G-TELEVISA COM 40049J206 2470 99300 SH DEFINED 011617 99300
GUCCI COM 401566104 3029 42000 SH DEFINED 011619 42000
GUCCI COM 401566104 11396 158000 SH DEFINED 011614 158000
GUIDANT CORP COM 401698105 30750 500000 SH DEFINED 0130 500000
GUIDANT CORP COM 401698105 10148 165000 SH DEFINED 0108 165000
GUIDANT CORP COM 401698105 5843 95000 SH DEFINED 0124 95000
GUIDANT CORP COM 401698105 3389 55100 SH DEFINED 0125 55100
GUIDANT CORP COM 401698105 6150 100000 SH DEFINED 011622 100000
GUIDANT CORP COM 401698105 12300 200000 SH DEFINED 011623 200000
GUIDANT CORP COM 401698105 61500 1000000 SH DEFINED 011516 1000000
GUIDANT CORP COM 401698105 2460 40000 SH DEFINED 011619 40000
GUIDANT CORP COM 401698105 3383 55000 SH DEFINED 011620 55000
GUIDANT CORP COM 401698105 8610 140000 SH DEFINED 011614 140000
GUIDANT CORP COM 401698105 12253 199250 SH DEFINED 0102 199250
GUIDANT CORP COM 401698105 6857 111500 SH DEFINED 0131 111500
GUIDANT CORP COM 401698105 1285 20897 SH DEFINED 0103 20897
GUITAR CENTER INC COM 402040109 800 50000 SH DEFINED 011619 50000
GUITAR CENTER INC COM 402040109 3200 200000 SH DEFINED 011614 200000
GULFSTREAM AEROSPACE COM 402734107 2784 128000 SH DEFINED 01 128000
HBO COMPANY COM 404100109 61750 1300000 SH DEFINED 0126 1300000
HBO COMPANY COM 404100109 7125 150000 SH DEFINED 0135 150000
HBO COMPANY COM 404100109 8550 180000 SH DEFINED 011619 180000
HBO COMPANY COM 404100109 42750 900000 SH DEFINED 011614 900000
HBO COMPANY COM 404100109 76097 1601980 SH DEFINED 0102 1601980
<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
HBO COMPANY COM 404100109 27113 570800 SH DEFINED 0131 570800
HBO COMPANY COM 404100109 3145 66210 SH DEFINED 0103 66210
HBO COMPANY COM 404100109 4252 89500 SH DEFINED 01 89500
HFS INC COM 404181109 5004 85000 SH DEFINED 0108 85000
HFS INC COM 404181109 58875 1000000 SH DEFINED 0126 1000000
HFS INC COM 404181109 28332 481250 SH DEFINED 0102 481250
HFS INC COM 404181109 24945 423700 SH DEFINED 0131 423700
HFS INC COM 404181109 2608 44290 SH DEFINED 0103 44290
HALLIBURTON COM 406216101 1232 18186 SH DEFINED 0103 18186
HAMILTON BANCORP COM 407013101 1941 112500 SH DEFINED 011614 112500
HANCOCK FABRICS COM 409900107 2750 250000 SH DEFINED 0128 250000
HARCOR EGY WTS 144A WARRANT 411628118 330 110000 SH DEFINED 0109 110000
HARCOR ENERGY COM 411628209 594 100000 SH DEFINED 0109 100000
HARCOURT GENERAL CRP COM 41163G101 479 10295 SH DEFINED 0103 10295
HARLAND JOHN H COM 412693103 5938 250000 SH DEFINED 0128 250000
HARLAND JOHN H COM 412693103 107 4488 SH DEFINED 0103 4488
HARLEY DAVIDSON COM 412822108 10163 300000 SH DEFINED 0111 300000
HARLEY DAVIDSON COM 412822108 2033 60000 SH DEFINED 011620 60000
HARLEY DAVIDSON COM 412822108 196 5766 SH DEFINED 0102 5766
HARNISCHFEGER IND COM 413345109 18600 400000 SH DEFINED 0106 400000
HARNISCHFEGER IND COM 413345109 3720 80000 SH DEFINED 011619 80000
HARNISCHFEGER IND COM 413345109 16275 350000 SH DEFINED 011614 350000
HARNISCHFEGER IND COM 413345109 737 15875 SH DEFINED 0102 15875
HARNISCHFEGER IND COM 413345109 332 7135 SH DEFINED 0103 7135
HARNISCHFEGER IND COM 413345109 791 17000 SH DEFINED 01 17000
HARRAH'S ENT COM 413619107 255 14888 SH DEFINED 0103 14888
HARRIS CORP COM 413875105 8 100 SH DEFINED 0102 100
HARRIS CORP COM 413875105 437 5682 SH DEFINED 0103 5682
HASBRO INC COM 418056107 515 18799 SH DEFINED 0103 18799
HAT BRANDS WTS8/2002 WARRANT 4187309X7 0 90345 SH DEFINED 0109 90345
HAWAII ELEC $100 PREFERRED STOCK 419990197 5238 50000 SH DEFINED 0105 50000
MAUI ELEC $100 PREFERRED STOCK 419990205 5238 50000 SH DEFINED 0105 50000
HEALTHSOUTH CORP COM 421924101 27923 1460000 SH DEFINED 0126 1460000
HEALTHSOUTH CORP COM 421924101 91800 4800000 SH DEFINED 0111 4800000
HEALTHSOUTH CORP COM 421924101 9356 489200 SH DEFINED 011622 489200
HEALTHSOUTH CORP COM 421924101 20556 1074800 SH DEFINED 011623 1074800
HEALTHSOUTH CORP COM 421924101 1339 70000 SH DEFINED 011619 70000
HEALTHSOUTH CORP COM 421924101 5011 262000 SH DEFINED 011614 262000
HEALTHSOUTH CORP COM 421924101 46999 2457423 SH DEFINED 0102 2457423
HEALTHSOUTH CORP COM 421924101 9387 490800 SH DEFINED 0131 490800
HEALTHSOUTH CORP COM 421924101 2038 106530 SH DEFINED 0103 106530
HEALTHSOUTH CORP COM 421924101 1434 75000 SH DEFINED 01 75000
HEALTHCARE COMPARE COM 421928102 40625 1000000 SH DEFINED 0111 1000000
HEALTHCARE COMPARE COM 421928102 6094 150000 SH DEFINED 011622 150000
HEALTHCARE COMPARE COM 421928102 12188 300000 SH DEFINED 011623 300000
HEALTH MGMT ASSOC COM 421933102 3800 160000 SH DEFINED 011619 160000
HEALTH MGMT ASSOC COM 421933102 14488 610000 SH DEFINED 011614 610000
HEALTH MGMT ASSOC COM 421933102 34845 1467060 SH DEFINED 0102 1467060
HEALTH MGMT ASSOC COM 421933102 15477 651650 SH DEFINED 0131 651650
HEALTH MGMT ASSOC COM 421933102 1136 47817 SH DEFINED 0103 47817
<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
HEALTH MGMT ASSOC COM 421933102 594 25000 SH DEFINED 01 25000
HEALTHPLAN SERVICES COM 421959107 484 28700 SH DEFINED 0102 28700
HEARTLAND EXPRESS IN COM 422347104 86 4546 SH DEFINED 0102 4546
HEARTLAND VALUE COM 422359109 7101 223664 SH DEFINED 0103 223664
HEINZ H.J. COM 423074103 32588 825000 SH DEFINED 0113 825000
HEINZ H.J. COM 423074103 20540 520000 SH DEFINED 0107 520000
HEINZ H.J. COM 423074103 23700 600000 SH DEFINED 0131 600000
HEINZ H.J. COM 423074103 3174 80344 SH DEFINED 0103 80344
HEINZ H.J. COM 423074103 3871 98000 SH DEFINED 01 98000
HELMERICH & PAYNE COM 423452101 168 3635 SH DEFINED 0103 3635
HEM EN 144A WTS WARRANT 42368R116 0 36000 SH DEFINED 0109 36000
HERCULES INC COM 427056106 629 14899 SH DEFINED 0103 14899
HERSHEY FOODS COM 427866108 157987 3159728 SH DEFINED 0103 3159728
HEWLETT PACKARD COM 428236103 29288 550000 SH DEFINED 0130 550000
HEWLETT PACKARD COM 428236103 6656 125000 SH DEFINED 0108 125000
HEWLETT PACKARD COM 428236103 181050 3400000 SH DEFINED 0126 3400000
HEWLETT PACKARD COM 428236103 95850 1800000 SH DEFINED 0111 1800000
HEWLETT PACKARD COM 428236103 12514 235000 SH DEFINED 0124 235000
HEWLETT PACKARD COM 428236103 10794 202700 SH DEFINED 0125 202700
HEWLETT PACKARD COM 428236103 6923 130000 SH DEFINED 0135 130000
HEWLETT PACKARD COM 428236103 5325 100000 SH DEFINED 011622 100000
HEWLETT PACKARD COM 428236103 10650 200000 SH DEFINED 011623 200000
HEWLETT PACKARD COM 428236103 28036 526500 SH DEFINED 011516 526500
HEWLETT PACKARD COM 428236103 28755 540000 SH DEFINED 011618 540000
HEWLETT PACKARD COM 428236103 7358 138130 SH DEFINED 0102 138130
HEWLETT PACKARD COM 428236103 9296 174559 SH DEFINED 0103 174559
HEWLETT PACKARD COM 428236103 8973 168500 SH DEFINED 01 168500
HEXCEL CORP COM 428291108 10134 575000 SH DEFINED 0135 575000
HILTON HOTELS COM 432848109 19400 800000 SH DEFINED 0130 800000
HILTON HOTELS COM 432848109 6790 280000 SH DEFINED 0124 280000
HILTON HOTELS COM 432848109 6334 261200 SH DEFINED 0125 261200
HILTON HOTELS COM 432848109 24250 1000000 SH DEFINED 011516 1000000
HILTON HOTELS COM 432848109 3153 130000 SH DEFINED 011620 130000
HILTON HOTELS COM 432848109 30699 1265853 SH DEFINED 0102 1265853
HILTON HOTELS COM 432848109 1477 60902 SH DEFINED 0103 60902
HILTON HOTEL PRIDE CONV PFD STOCK 432848208 9350 400000 SH DEFINED 0130 400000
HOLLYWOOD ENTERTAINM COM 436141105 673 27600 SH DEFINED 011619 27600
HOLLYWOOD ENTERTAINM COM 436141105 2545 104400 SH DEFINED 011614 104400
HOME DEPOT INC COM 437076102 32100 600000 SH DEFINED 0111 600000
HOME DEPOT INC COM 437076102 29425 550000 SH DEFINED 011618 550000
HOME DEPOT INC COM 437076102 94396 1764425 SH DEFINED 0102 1764425
HOME DEPOT INC COM 437076102 4337 81091 SH DEFINED 0103 81091
HOME DEPOT INC COM 437076102 3674 68666 SH DEFINED 01 68666
HOME PROPERTIES COM 437306103 6143 260000 SH DEFINED 0132 260000
HOMESTAKE MINING COM 437614100 321 21239 SH DEFINED 0103 21239
HONEYWELL COM 438506107 3054 45000 SH DEFINED 0124 45000
HONEYWELL COM 438506107 2220 32700 SH DEFINED 0125 32700
HONEYWELL COM 438506107 34 500 SH DEFINED 0102 500
HONEYWELL COM 438506107 1303 19205 SH DEFINED 0103 19205
HOSIERY CORP "A"144A WARRANT 441016102 78 10000 SH DEFINED 0109 10000
<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
HOST MARRIOT FIN CONV PFD STOCK 441079209 16875 300000 SH DEFINED 0130 300000
HOUSEHOLD INTL COM 441815107 51525 600000 SH DEFINED 0126 600000
HOUSEHOLD INTL COM 441815107 1537 17900 SH DEFINED 011619 17900
HOUSEHOLD INTL COM 441815107 6020 70100 SH DEFINED 011614 70100
HOUSEHOLD INTL COM 441815107 906 10555 SH DEFINED 0102 10555
HOUSEHOLD INTL COM 441815107 9051 105400 SH DEFINED 0131 105400
HOUSEHOLD INTL COM 441815107 2007 23377 SH DEFINED 0103 23377
HOUSTON INDUSTRIES COM 442161105 7306 350000 SH DEFINED 0132 350000
HOUSTON INDUSTRIES COM 442161105 709 33973 SH DEFINED 0103 33973
HOUSTON LT PWR $100 PREFERRED STOCK 4421642*9 3102 31000 SH DEFINED 0105 31000
HOUSTON LT PWR $100 PREFERRED STOCK 4421642*9 2001 20000 SH DEFINED 01 20000
HUBBELL INC C/B COM 443510201 5070 120000 SH DEFINED 0128 120000
HUBBELL INC C/B COM 443510201 930 22000 SH DEFINED 0103 22000
HUMANA COM 444859102 519 23585 SH DEFINED 0103 23585
HUMAN GENOME SCIENCE COM 444903108 936 28800 SH DEFINED 011619 28800
HUMAN GENOME SCIENCE COM 444903108 3582 110200 SH DEFINED 011614 110200
HUTCHINSON TECH COM 448407106 1710 60000 SH DEFINED 011614 60000
HVIDE MARINE INC COM 448515106 5233 230000 SH DEFINED 0135 230000
HVIDE MARINE INC COM 448515106 1456 64000 SH DEFINED 011619 64000
HVIDE MARINE INC COM 448515106 3913 172000 SH DEFINED 011614 172000
HYPERION SOFTWARE CO COM 44914Q105 7013 425000 SH DEFINED 0106 425000
IDEC PHARM COM 449370105 2438 102400 SH DEFINED 011619 102400
IDEC PHARM COM 449370105 9204 386500 SH DEFINED 011614 386500
IDEC PHARM COM 449370105 3658 153650 SH DEFINED 0102 153650
IDEC PHARM COM 449370105 2350 98700 SH DEFINED 0131 98700
IDEC PHARM COM 449370105 185 7750 SH DEFINED 0103 7750
IDS CA TAX EXEMPT COM 449428101 1 217 SH DEFINED 01 217
EQUITY SELECT FD INC COM 44943G102 2 129 SH DEFINED 01 129
RESEARCH OPPORT CL A COM 449434406 1 200 SH DEFINED 01 200
GLOBAL BAL FD A COM 449435700 1 201 SH DEFINED 01 201
GLOBAL BAL FD B COM 449435809 1 200 SH DEFINED 01 200
IDS INNOVATIONS FD Y COM 449435825 81 20000 SH DEFINED 01 20000
IDS INNOVATIONS FD B COM 449435833 80 20000 SH DEFINED 01 20000
IDS INNOVATIONS FD A COM 449435841 2658 660000 SH DEFINED 01 660000
IDS EMERGING MKTS Y COM 449435858 1 200 SH DEFINED 01 200
IDS EMERGING MKTS B COM 449435866 1 200 SH DEFINED 01 200
IDS EMERGING MKTS A COM 449435874 1 200 SH DEFINED 01 200
GLOBAL BAL FD Y COM 449435882 1 201 SH DEFINED 01 201
RESEARCH OPPORT CL B COM 449437508 1 200 SH DEFINED 01 200
RESEARCH OPPORT CL Y COM 449437607 1 200 SH DEFINED 01 200
NEW DIMENSIONS "Y" COM 449444306 1465 71939 SH DEFINED 0103 71939
IDS PRECIOUS METALS COM 449455104 1 129 SH DEFINED 01 129
IDS INS TAX EXEMPT COM 44947T100 1 205 SH DEFINED 01 205
IDS MN TAX EXEMPT COM 44947T308 1 216 SH DEFINED 01 216
IDS NY TAX EXEMPT COM 44947T407 1 218 SH DEFINED 01 218
IDS MASS TAX-EXEMPT COM 44947T506 1 210 SH DEFINED 01 210
IDS MICH TAX-EXEMPT COM 44947T605 1 208 SH DEFINED 01 208
IDS OHIO TAX-EXEMPT COM 44947T704 1 210 SH DEFINED 01 210
INT TAX-EXEMPT FD A COM 449482405 1 202 SH DEFINED 01 202
INT TAX-EXEMPT FD B COM 449482504 1 201 SH DEFINED 01 201
<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
INT TAX-EXEMPT FD Y COM 449482603 1 202 SH DEFINED 01 202
IES INDUSTRIES INC COM 44949M103 11895 411961 SH DEFINED 0103 411961
IDSTC INCOME FUND II COM 449496108 138757 8336778 SH DEFINED 0103 8336778
IDS TRUST INT'L FUND COM 449500990 5750 63622 SH DEFINED 0103 63622
IMC GLOBAL INC COM 449669100 57800 1600000 SH DEFINED 0126 1600000
IMC GLOBAL INC COM 449669100 10486 290245 SH DEFINED 0102 290245
IRSA COM 450047204 5588 150000 SH DEFINED 0135 150000
ITT HARTFORD GRP COM 45068H106 1229 17046 SH DEFINED 0103 17046
ITT INDUSTRIES-WI COM 450911102 383 17121 SH DEFINED 0103 17121
ITT CORP COM 450912100 106 1800 SH DEFINED 0102 1800
ITT CORP COM 450912100 995 16906 SH DEFINED 0103 16906
IFINT DVSD HLDGS COM 45099C100 891 42418 SH DEFINED 0109 42418
IDEXX LABS INC COM 45168D104 7000 500000 SH DEFINED 0111 500000
IDEXX LABS INC COM 45168D104 1540 110000 SH DEFINED 011620 110000
IKON OFFICE SOLUTION COM 451713101 7203 215000 SH DEFINED 0108 215000
IKON OFFICE SOLUTION COM 451713101 53600 1600000 SH DEFINED 0126 1600000
IKON OFFICE SOLUTION COM 451713101 40200 1200000 SH DEFINED 0111 1200000
IKON OFFICE SOLUTION COM 451713101 10285 307000 SH DEFINED 0124 307000
IKON OFFICE SOLUTION COM 451713101 6878 205300 SH DEFINED 0125 205300
IKON OFFICE SOLUTION COM 451713101 4690 140000 SH DEFINED 0135 140000
IKON OFFICE SOLUTION COM 451713101 5360 160000 SH DEFINED 011622 160000
IKON OFFICE SOLUTION COM 451713101 11725 350000 SH DEFINED 011623 350000
IKON OFFICE SOLUTION COM 451713101 25125 750000 SH DEFINED 011516 750000
IKON OFFICE SOLUTION COM 451713101 34 1000 SH DEFINED 011618 1000
IKON OFFICE SOLUTION COM 451713101 2211 66000 SH DEFINED 011619 66000
IKON OFFICE SOLUTION COM 451713101 2566 76600 SH DEFINED 011620 76600
IKON OFFICE SOLUTION COM 451713101 8442 252000 SH DEFINED 011614 252000
IKON OFFICE SOLUTION COM 451713101 164374 4906740 SH DEFINED 0102 4906740
IKON OFFICE SOLUTION COM 451713101 6561 195850 SH DEFINED 0131 195850
IKON OFFICE SOLUTION COM 451713101 3024 90258 SH DEFINED 0103 90258
IKON OFFICE SOLUTION COM 451713101 10829 323268 SH DEFINED 01 323268
ALCO STANDARD 6.50 CONV PFD STOCK 451713200 25544 315850 SH DEFINED 0130 315850
ALCO STANDARD 6.50 CONV PFD STOCK 451713200 32350 400000 SH DEFINED 0107 400000
ALCO STANDARD 6.50 CONV PFD STOCK 451713200 28246 349250 SH DEFINED 011618 349250
ALCO STANDARD 6.50 CONV PFD STOCK 451713200 7279 90000 SH DEFINED 01 90000
IL PWR SER A PREFERRED STOCK 452092851 2514 55250 SH DEFINED 01 55250
ILLINOIS TOOL WORKS COM 452308109 32650 400000 SH DEFINED 0130 400000
ILLINOIS TOOL WORKS COM 452308109 14693 180000 SH DEFINED 0108 180000
ILLINOIS TOOL WORKS COM 452308109 61219 750000 SH DEFINED 0126 750000
ILLINOIS TOOL WORKS COM 452308109 10285 126000 SH DEFINED 0124 126000
ILLINOIS TOOL WORKS COM 452308109 7216 88400 SH DEFINED 0125 88400
ILLINOIS TOOL WORKS COM 452308109 57138 700000 SH DEFINED 011516 700000
ILLINOIS TOOL WORKS COM 452308109 33874 415000 SH DEFINED 011618 415000
ILLINOIS TOOL WORKS COM 452308109 169885 2081361 SH DEFINED 0102 2081361
ILLINOIS TOOL WORKS COM 452308109 4271 52313 SH DEFINED 0103 52313
ILLINOIS TOOL WORKS COM 452308109 10881 133300 SH DEFINED 01 133300
IMATION CORP COM 45245A107 249 9950 SH DEFINED 01 9950
IMMULOGIC PHARMACEUT COM 45252R100 144 32810 SH DEFINED 0103 32810
IMPERIAL CHEM IN ADR COM 452704505 16835 370000 SH DEFINED 0107 370000
INFOCUS SYSTEMS COM 452919103 280 16200 SH DEFINED 0102 16200
<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
IMNET SYSTEMS COM 452921109 171 11400 SH DEFINED 011619 11400
IMNET SYSTEMS COM 452921109 654 43600 SH DEFINED 011614 43600
IMPERIAL TOBACCO ADR COM 453142101 159 11875 SH DEFINED 01 11875
INCO LIMITED COM 453258402 795 24375 SH DEFINED 0103 24375
INDIA FUND INC COM 454089103 338 45820 SH DEFINED 0112 45820
INDIA FUND INC COM 454089103 1016 137720 SH DEFINED 011617 137720
INDIVIDUAL INC COM 455912105 110 20900 SH DEFINED 0102 20900
INGERSOLL-RAND CO COM 456866102 692 15855 SH DEFINED 0103 15855
INGRAM MICRO COM 457153104 5741 275000 SH DEFINED 0135 275000
INLAND STEEL IND INC COM 457472108 139 7116 SH DEFINED 0103 7116
INPUT/OUTPUT INC COM 457652105 6909 476500 SH DEFINED 0106 476500
INPUT/OUTPUT INC COM 457652105 335 23100 SH DEFINED 0102 23100
INTEGRATED HEALTH S COM 45812C106 3071 105000 SH DEFINED 011619 105000
INTEGRATED HEALTH S COM 45812C106 11495 393000 SH DEFINED 011614 393000
INTEGRATED PROCESS E COM 45812K108 6281 375000 SH DEFINED 0106 375000
INTEGRATED PROCESS E COM 45812K108 1173 70000 SH DEFINED 011619 70000
INTEGRATED PROCESS E COM 45812K108 4355 260000 SH DEFINED 011614 260000
INTEL COM 458140100 55650 400000 SH DEFINED 0130 400000
INTEL COM 458140100 4869 35000 SH DEFINED 0108 35000
INTEL COM 458140100 417375 3000000 SH DEFINED 0126 3000000
INTEL COM 458140100 69563 500000 SH DEFINED 0111 500000
INTEL COM 458140100 20869 150000 SH DEFINED 0124 150000
INTEL COM 458140100 20869 150000 SH DEFINED 0125 150000
INTEL COM 458140100 3478 25000 SH DEFINED 0135 25000
INTEL COM 458140100 8348 60000 SH DEFINED 011622 60000
INTEL COM 458140100 17391 125000 SH DEFINED 011623 125000
INTEL COM 458140100 59128 425000 SH DEFINED 011516 425000
INTEL COM 458140100 79997 575000 SH DEFINED 011618 575000
INTEL COM 458140100 3478 25000 SH DEFINED 011620 25000
INTEL COM 458140100 293733 2111265 SH DEFINED 0102 2111265
INTEL COM 458140100 18513 133069 SH DEFINED 0103 133069
INTEL COM 458140100 30678 220500 SH DEFINED 01 220500
INTERIM SERVICES COM 45868P100 7775 200000 SH DEFINED 0106 200000
INTERIM SERVICES COM 45868P100 2916 75000 SH DEFINED 011620 75000
INTERIM SERVICES COM 45868P100 109 2800 SH DEFINED 0102 2800
INTERIM SERVICES COM 45868P100 3075 79100 SH DEFINED 0131 79100
INTERIM SERVICES COM 45868P100 159 4100 SH DEFINED 0103 4100
INTERGRAPH CORP COM 458683109 54 6938 SH DEFINED 0103 6938
INTERMEDIA COMM FL COM 458801107 14963 900000 SH DEFINED 0106 900000
INTERMEDIA COM WTS WARRANT 458801115 455 22750 SH DEFINED 0109 22750
INTL BUSINESS MACH COM 459200101 10315 75083 SH DEFINED 0103 75083
INT'L CABLETEL INC CONV BOND 459216AB3 14283 14500000 PRN DEFINED 0124 14500000
INTL FLAVORS & FRAG COM 459506101 702 16052 SH DEFINED 0103 16052
INTL IMAGING MAT COM 45968C108 5319 287500 SH DEFINED 0128 287500
INTERNATIONAL PAPER COM 460146103 2830 72800 SH DEFINED 0124 72800
INTERNATIONAL PAPER COM 460146103 3040 78200 SH DEFINED 0125 78200
INTERNATIONAL PAPER COM 460146103 11663 300000 SH DEFINED 011618 300000
INTERNATIONAL PAPER COM 460146103 32270 830135 SH DEFINED 0102 830135
INTERNATIONAL PAPER COM 460146103 2751 70776 SH DEFINED 0103 70776
INTERNATIONAL PAPER COM 460146103 10613 273000 SH DEFINED 01 273000
<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
INT'L WIRELESS WTS WARRANT 46058G116 0 14750 SH DEFINED 0109 14750
INTERPUBLIC GROUP COM 460690100 621 11767 SH DEFINED 0103 11767
INTRAWEST CORP COM 460915200 3760 235000 SH DEFINED 0135 235000
INTERVOICE INC COM 461142101 680 63300 SH DEFINED 0102 63300
JP FOODSERVICE INC COM 466232105 7597 275000 SH DEFINED 0106 275000
JP FOODSERVICE INC COM 466232105 2763 100000 SH DEFINED 011619 100000
JP FOODSERVICE INC COM 466232105 12431 450000 SH DEFINED 011614 450000
JP FOODSERVICE INC COM 466232105 8909 322500 SH DEFINED 0102 322500
JP FOODSERVICE INC COM 466232105 90 3250 SH DEFINED 0103 3250
JAMES RIVER COM 470349101 3 100 SH DEFINED 0102 100
JAMES RIVER COM 470349101 363 12479 SH DEFINED 0103 12479
JAN BELL WARRANTS WARRANT 470760117 0 2473 SH DEFINED 0131 2473
JEFFERSON PILOT COM 475070108 565 10385 SH DEFINED 0103 10385
JOHN NUVEEN COM 478035108 2276 76813 SH DEFINED 0103 76813
JOHNSON & JOHNSON COM 478160104 34369 650000 SH DEFINED 0130 650000
JOHNSON & JOHNSON COM 478160104 5288 100000 SH DEFINED 0108 100000
JOHNSON & JOHNSON COM 478160104 203569 3850000 SH DEFINED 0126 3850000
JOHNSON & JOHNSON COM 478160104 37013 700000 SH DEFINED 0111 700000
JOHNSON & JOHNSON COM 478160104 29028 549000 SH DEFINED 0124 549000
JOHNSON & JOHNSON COM 478160104 24412 461700 SH DEFINED 0125 461700
JOHNSON & JOHNSON COM 478160104 4230 80000 SH DEFINED 011622 80000
JOHNSON & JOHNSON COM 478160104 8989 170000 SH DEFINED 011623 170000
JOHNSON & JOHNSON COM 478160104 52875 1000000 SH DEFINED 011516 1000000
JOHNSON & JOHNSON COM 478160104 2559 48400 SH DEFINED 011620 48400
JOHNSON & JOHNSON COM 478160104 214143 4049959 SH DEFINED 0102 4049959
JOHNSON & JOHNSON COM 478160104 14642 276937 SH DEFINED 0103 276937
JOHNSON & JOHNSON COM 478160104 5129 97000 SH DEFINED 01 97000
JOHNSON CONTROLS COM 478366107 486 6033 SH DEFINED 0103 6033
JOSTENS A. INC. COM 481088102 16969 750000 SH DEFINED 0113 750000
JOSTENS A. INC. COM 481088102 4978 220000 SH DEFINED 0128 220000
JOSTENS A. INC. COM 481088102 128 5655 SH DEFINED 0103 5655
JUNO LIGHTING INC COM 482047107 3254 205000 SH DEFINED 0128 205000
KCS GROUP COM 482434206 7397 225000 SH DEFINED 0106 225000
KCS GROUP COM 482434206 907 27600 SH DEFINED 0102 27600
KLA INSTRUMENTS COM 482480100 1095 30000 SH DEFINED 0128 30000
KLA INSTRUMENTS COM 482480100 25550 700000 SH DEFINED 011516 700000
KLA INSTRUMENTS COM 482480100 2920 80000 SH DEFINED 011619 80000
KLA INSTRUMENTS COM 482480100 11352 311000 SH DEFINED 011614 311000
KLA INSTRUMENTS COM 482480100 14931 409050 SH DEFINED 0102 409050
KLA INSTRUMENTS COM 482480100 9417 258000 SH DEFINED 0131 258000
KLA INSTRUMENTS COM 482480100 478 13100 SH DEFINED 0103 13100
K-MART CORPORATION COM 482584109 36375 3000000 SH DEFINED 011516 3000000
K-MART CORPORATION COM 482584109 3395 280000 SH DEFINED 011619 280000
K-MART CORPORATION COM 482584109 12610 1040000 SH DEFINED 011614 1040000
K-MART CORPORATION COM 482584109 852 70245 SH DEFINED 0103 70245
KN ENERGY COM 482620101 7900 200000 SH DEFINED 0132 200000
K2 INC COM 482732104 271 10900 SH DEFINED 0102 10900
KU ENERGY CORP COM 482734100 5975 200000 SH DEFINED 0132 200000
KAISER ALUM PRIDE PREFERRED STOCK 483007407 3094 275000 SH DEFINED 0132 275000
KAUFMAN & BROAD HOME COM 486168107 75 5683 SH DEFINED 0103 5683
<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
KAYDON CORP COM 486587108 5025 120000 SH DEFINED 0128 120000
KEANE INC COM 486665102 16438 500000 SH DEFINED 0111 500000
KELLOGG CO. COM 487836108 2057 30580 SH DEFINED 0103 30580
KEMET CORP COM 488360108 6094 325000 SH DEFINED 0106 325000
KENT ELECTRONICS COM 490553104 8625 375000 SH DEFINED 0106 375000
KENT ELECTRONICS COM 490553104 1840 80000 SH DEFINED 011619 80000
KENT ELECTRONICS COM 490553104 6900 300000 SH DEFINED 011614 300000
KERR MCGEE COM 492386107 438 7081 SH DEFINED 0103 7081
KEYCORP NEW COM 493267108 29250 600000 SH DEFINED 0130 600000
KEYCORP NEW COM 493267108 10725 220000 SH DEFINED 0108 220000
KEYCORP NEW COM 493267108 5645 115800 SH DEFINED 0124 115800
KEYCORP NEW COM 493267108 4670 95800 SH DEFINED 0125 95800
KEYCORP NEW COM 493267108 19013 390000 SH DEFINED 0107 390000
KEYCORP NEW COM 493267108 48750 1000000 SH DEFINED 011516 1000000
KEYCORP NEW COM 493267108 25594 525000 SH DEFINED 011618 525000
KEYCORP NEW COM 493267108 5349 109700 SH DEFINED 0102 109700
KEYCORP NEW COM 493267108 21938 450000 SH DEFINED 0131 450000
KEYCORP NEW COM 493267108 3308 67859 SH DEFINED 0103 67859
KILROY REALTY COM 49427F108 3461 130000 SH DEFINED 0107 130000
KIMBERLY CLARK COM 494368103 47203 475000 SH DEFINED 0130 475000
KIMBERLY CLARK COM 494368103 22359 225000 SH DEFINED 0113 225000
KIMBERLY CLARK COM 494368103 28322 285000 SH DEFINED 011618 285000
KIMBERLY CLARK COM 494368103 2981 30000 SH DEFINED 011620 30000
KIMBERLY CLARK COM 494368103 265393 2670620 SH DEFINED 0102 2670620
KIMBERLY CLARK COM 494368103 12422 125000 SH DEFINED 0131 125000
KIMBERLY CLARK COM 494368103 6496 65369 SH DEFINED 0103 65369
KIMBERLY CLARK COM 494368103 25040 251970 SH DEFINED 01 251970
KINGWORLD PRODUCTION COM 495667107 197 5407 SH DEFINED 0103 5407
KNIGHT-RIDDER INC. COM 499040103 27913 700000 SH DEFINED 0113 700000
KNIGHT-RIDDER INC. COM 499040103 542 13604 SH DEFINED 0103 13604
KOHLS CORP COM 500255104 11653 275000 SH DEFINED 0108 275000
KOHLS CORP COM 500255104 21188 500000 SH DEFINED 011516 500000
KOHLS CORP COM 500255104 2797 66000 SH DEFINED 011619 66000
KOHLS CORP COM 500255104 2839 67000 SH DEFINED 011620 67000
KOHLS CORP COM 500255104 10467 247000 SH DEFINED 011614 247000
KOHLS CORP COM 500255104 927 21893 SH DEFINED 0102 21893
KOHLS CORP COM 500255104 11183 263900 SH DEFINED 0131 263900
KOHLS CORP COM 500255104 509 12000 SH DEFINED 0103 12000
KOHLS CORP COM 500255104 593 14000 SH DEFINED 01 14000
KOMAG COM 500453105 1580 52000 SH DEFINED 0102 52000
KROGER CO. COM 501044101 5156 101600 SH DEFINED 0124 101600
KROGER CO. COM 501044101 3329 65600 SH DEFINED 0125 65600
KROGER CO. COM 501044101 187039 3685311 SH DEFINED 0102 3685311
KROGER CO. COM 501044101 3281 64640 SH DEFINED 0103 64640
KROGER CO. COM 501044101 8653 170500 SH DEFINED 01 170500
LCI INTL COM 501813109 17588 1050000 SH DEFINED 0106 1050000
LG AND E ENERGY CORP COM 501917108 4343 180000 SH DEFINED 0128 180000
LG AND E ENERGY CORP COM 501917108 10374 430000 SH DEFINED 0132 430000
LSI LOGIC COM 502161102 956 27500 SH DEFINED 0124 27500
LSI LOGIC COM 502161102 942 27100 SH DEFINED 0125 27100
<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
LSI LOGIC COM 502161102 3649 105000 SH DEFINED 011619 105000
LSI LOGIC COM 502161102 14943 430000 SH DEFINED 011614 430000
LSI LOGIC COM 502161102 335 9650 SH DEFINED 0102 9650
LSI LOGIC COM 502161102 10220 294100 SH DEFINED 0131 294100
LSI LOGIC COM 502161102 1192 34267 SH DEFINED 0103 34267
LTC PROPERTIES COM 502175102 8856 532700 SH DEFINED 0113 532700
LTC PROPERTIES COM 502175102 3491 210000 SH DEFINED 0107 210000
LA QUINTA INNS INC COM 504195108 19988 975000 SH DEFINED 0106 975000
LA QUINTA INNS INC COM 504195108 2276 111000 SH DEFINED 011620 111000
LA QUINTA INNS INC COM 504195108 1260 61450 SH DEFINED 0102 61450
LADY LUCK GAMING COR COM 505820100 350 200000 SH DEFINED 0109 200000
LADY LUCK PFD PIK PREFERRED STOCK 505820993 2326 70484 SH DEFINED 0109 70484
LAIDLAW INC COM 50730K206 626 45553 SH DEFINED 0103 45553
LANCASTER COLONY COR COM 513847103 10350 225000 SH DEFINED 0128 225000
LANCASTER COLONY COR COM 513847103 11500 250000 SH DEFINED 011614 250000
LANDS END INC COM 515086106 4240 160000 SH DEFINED 0108 160000
LANDS END INC COM 515086106 7950 300000 SH DEFINED 0128 300000
LANDS END INC COM 515086106 204 7711 SH DEFINED 0103 7711
LASALLE NATL $50 PREFERRED STOCK 5180283*4 7988 150000 SH DEFINED 01 150000
LASALLE NATL $50 PREFERRED STOCK 5180283*4 3195 60000 SH DEFINED 0116 60000
LATTICE SEMICONDUCTR COM 518415104 4575 100000 SH DEFINED 0128 100000
LATTICE SEMICONDUCTR COM 518415104 10294 225000 SH DEFINED 0106 225000
LATTICE SEMICONDUCTR COM 518415104 5719 125000 SH DEFINED 0135 125000
LATTICE SEMICONDUCTR COM 518415104 2745 60000 SH DEFINED 011619 60000
LATTICE SEMICONDUCTR COM 518415104 5902 129000 SH DEFINED 011614 129000
LATTICE SEMICONDUCTR COM 518415104 5336 116656 SH DEFINED 0102 116656
LATTICE SEMICONDUCTR COM 518415104 5527 120800 SH DEFINED 0131 120800
LATTICE SEMICONDUCTR COM 518415104 321 7000 SH DEFINED 0103 7000
LATTICE SEMICONDUCTR COM 518415104 1052 23000 SH DEFINED 01 23000
LAYNE INCORPORATED COM 521050104 505 31536 SH DEFINED 0103 31536
LAZARD SM CAP VALUE COM 52106N509 6315 346739 SH DEFINED 0103 346739
LAZARE KAPLAN INTL COM 521078105 2288 150000 SH DEFINED 011619 150000
LEARNING COMPANY INC COM 522008101 3313 500000 SH DEFINED 0128 500000
LEARNING COMPANY INC COM 522008101 10600 1600000 SH DEFINED 011618 1600000
LEARNING COMPANY INC COM 522008101 122 18300 SH DEFINED 0102 18300
LEE ENTERPRISES INC COM 523768109 2425 100000 SH DEFINED 0128 100000
LEGGETT & PLATT COM 524660107 3250 100000 SH DEFINED 011619 100000
LEGGETT & PLATT COM 524660107 13000 400000 SH DEFINED 011614 400000
LENNAR CORP COM 526057104 7963 325000 SH DEFINED 0108 325000
LENNAR CORP COM 526057104 4288 175000 SH DEFINED 0128 175000
LIBERTY PROPERTY TRU COM 531172104 12250 500000 SH DEFINED 0113 500000
LIBERTY PROPERTY TRU COM 531172104 490 20000 SH DEFINED 0103 20000
LIFE TECHNOLOGIES IN COM 532177201 2319 88350 SH DEFINED 0128 88350
ELI LILLY COM 532457108 28788 350000 SH DEFINED 0126 350000
ELI LILLY COM 532457108 17198 209100 SH DEFINED 0124 209100
ELI LILLY COM 532457108 13399 162900 SH DEFINED 0125 162900
ELI LILLY COM 532457108 3701 45000 SH DEFINED 0135 45000
ELI LILLY COM 532457108 32900 400000 SH DEFINED 011516 400000
ELI LILLY COM 532457108 75817 921724 SH DEFINED 0102 921724
ELI LILLY COM 532457108 8184 99504 SH DEFINED 0103 99504
<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
ELI LILLY COM 532457108 2468 30000 SH DEFINED 01 30000
THE LIMITED INC COM 532716107 34913 1900000 SH DEFINED 0113 1900000
THE LIMITED INC COM 532716107 27563 1500000 SH DEFINED 0131 1500000
THE LIMITED INC COM 532716107 1880 102319 SH DEFINED 0103 102319
LINCOLN NAT COM 534187109 33438 625000 SH DEFINED 0113 625000
LINCOLN NAT COM 534187109 10700 200000 SH DEFINED 0107 200000
LINCOLN NAT COM 534187109 18725 350000 SH DEFINED 0131 350000
LINCOLN NAT COM 534187109 1829 34174 SH DEFINED 0103 34174
LINEAR TECHNOLOGY COM 535678106 0 1 SH DEFINED 0102 1
LINEN & THINGS COM 535679104 2127 91000 SH DEFINED 011619 91000
LINEN & THINGS COM 535679104 7971 341000 SH DEFINED 011614 341000
LIVING CENTERS OF AM COM 538388109 8625 250000 SH DEFINED 0128 250000
LIZ CLAIBORNE COM 539320101 11355 260284 SH DEFINED 0103 260284
LOCKHEED MARTIN CORP COM 539830109 25711 306084 SH DEFINED 0130 306084
LOCKHEED MARTIN CORP COM 539830109 22495 267802 SH DEFINED 011618 267802
LOCKHEED MARTIN CORP COM 539830109 2520 30000 SH DEFINED 011620 30000
LOCKHEED MARTIN CORP COM 539830109 7132 84902 SH DEFINED 0102 84902
LOCKHEED MARTIN CORP COM 539830109 2353 28012 SH DEFINED 0103 28012
LOCKHEED MARTIN CORP COM 539830109 6174 73500 SH DEFINED 01 73500
LOEWS CORP COM 540424108 1488 16739 SH DEFINED 0103 16739
LOGITECH INT'L COM 541419107 3250 200000 SH DEFINED 011614 200000
LONE STAR STEAK HS COM 542307103 4210 184050 SH DEFINED 0102 184050
LONE STAR STEAK HS COM 542307103 2637 115300 SH DEFINED 0131 115300
LONE STAR STEAK HS COM 542307103 209 9150 SH DEFINED 0103 9150
LONE STAR TECHNOLOG COM 542312103 2717 143000 SH DEFINED 011619 143000
LONE STAR TECHNOLOG COM 542312103 10355 545000 SH DEFINED 011614 545000
LONG ISLAND LIGHTING COM 542671102 7200 300000 SH DEFINED 0132 300000
LONG ISL LGT SER AA PREFERRED STOCK 542671771 6943 273600 SH DEFINED 0105 273600
LONG ISL LGT SER AA PREFERRED STOCK 542671771 1424 56100 SH DEFINED 01 56100
LONGTERM CAPITAL LTD COM 542900998 44965 25000 SH DEFINED 0116 25000
LONGS DRUG STORES COM 543162101 2115 90000 SH DEFINED 0128 90000
LONGS DRUG STORES COM 543162101 134 5690 SH DEFINED 0103 5690
LORAL SP&COM CVT PFD CONV PFD STOCK 543885206 20300 400000 SH DEFINED 011618 400000
LOUISIANA LAND/EXP COM 546268103 234 4942 SH DEFINED 0103 4942
LOUISIANA PAC. COM 546347105 327 15770 SH DEFINED 0103 15770
LOWE'S CO'S COM 548661107 7008 187500 SH DEFINED 0124 187500
LOWE'S CO'S COM 548661107 5842 156300 SH DEFINED 0125 156300
LOWE'S CO'S COM 548661107 61710 1651206 SH DEFINED 0102 1651206
LOWE'S CO'S COM 548661107 10080 269700 SH DEFINED 0131 269700
LOWE'S CO'S COM 548661107 2325 62206 SH DEFINED 0103 62206
LUBRIZOL CORP COM 549271104 27625 850000 SH DEFINED 0113 850000
LUBRIZOL CORP COM 549271104 17063 525000 SH DEFINED 0131 525000
LUBRIZOL CORP COM 549271104 975 30000 SH DEFINED 0103 30000
LUCASVARIETY PLC-ADR COM 549395101 1678 55000 SH DEFINED 0135 55000
LUCENT TECHNOLOGIES COM 549463107 4871 92343 SH DEFINED 0103 92343
LUCENT TECHNOLOGIES COM 549463107 4009 76000 SH DEFINED 01 76000
LYONDELL PETROCHEM COM 552078107 18300 800000 SH DEFINED 0113 800000
LYONDELL PETROCHEM COM 552078107 572 25000 SH DEFINED 0103 25000
MBIA INC COM 55262C100 717 7482 SH DEFINED 0103 7482
MBNA COM 55262L100 91988 3300000 SH DEFINED 0126 3300000
<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
MBNA COM 55262L100 41813 1500000 SH DEFINED 0111 1500000
MBNA COM 55262L100 2509 90000 SH DEFINED 011619 90000
MBNA COM 55262L100 12265 440000 SH DEFINED 011614 440000
MBNA COM 55262L100 375 13425 SH DEFINED 0102 13425
MBNA COM 55262L100 9832 352725 SH DEFINED 0131 352725
MBNA COM 55262L100 2238 80274 SH DEFINED 0103 80274
MCN CORP COM 55267J100 5344 190000 SH DEFINED 0132 190000
MCN FINANCING $23 PREFERRED STOCK 55267J209 5832 218000 SH DEFINED 0132 218000
MCI COMMUNICATIONS COM 552673105 35625 1000000 SH DEFINED 0130 1000000
MCI COMMUNICATIONS COM 552673105 7125 200000 SH DEFINED 0132 200000
MCI COMMUNICATIONS COM 552673105 24831 697000 SH DEFINED 0124 697000
MCI COMMUNICATIONS COM 552673105 18361 515400 SH DEFINED 0125 515400
MCI COMMUNICATIONS COM 552673105 29213 820000 SH DEFINED 011618 820000
MCI COMMUNICATIONS COM 552673105 92714 2602578 SH DEFINED 0102 2602578
MCI COMMUNICATIONS COM 552673105 6008 168639 SH DEFINED 0103 168639
MDU RESOURCES GROUP COM 552690109 5709 262500 SH DEFINED 0132 262500
MGIC INVESTMENT CORP COM 552848103 728 10294 SH DEFINED 0103 10294
MAGNA GROUP INC COM 559214101 2850 100000 SH DEFINED 011619 100000
MAGNA GROUP INC COM 559214101 11400 400000 SH DEFINED 011614 400000
MAHINDRA & MAHINDRA COM 559832100 5151 440750 SH DEFINED 0135 440750
MAINSTREET BANKGROUP COM 560633109 179 8860 SH DEFINED 0102 8860
MALAN REALTY INV CVT CONV BOND 561063AA6 2414 2390000 PRN DEFINED 0104 2390000
MALAN REALTY INV CVT CONV BOND 561063AA6 1369 1355000 PRN DEFINED 0109 1355000
MALAN REALTY INV CVT CONV BOND 561063AA6 1369 1355000 PRN DEFINED 011621 1355000
MALLINCKRODT INC COM 561232109 38856 944842 SH DEFINED 0103 944842
MANOR CARE INC COM 564054104 223 9135 SH DEFINED 0103 9135
MANUGISTICS GROUP IN COM 565011103 6935 190000 SH DEFINED 0108 190000
MARINE DRILLING CO I COM 568240204 1367 77000 SH DEFINED 011619 77000
MARINE DRILLING CO I COM 568240204 5094 287000 SH DEFINED 011614 287000
MARINER HEALTH GROUP COM 56845J109 223 25200 SH DEFINED 0102 25200
MARQUETTE MED CL A COM 571490101 4025 200000 SH DEFINED 0128 200000
MARSH MCLENNAN CO COM 571748102 33975 300000 SH DEFINED 0113 300000
MARSH MCLENNAN CO COM 571748102 12458 110000 SH DEFINED 0107 110000
MARSH MCLENNAN CO COM 571748102 22650 200000 SH DEFINED 0131 200000
MARSH MCLENNAN CO COM 571748102 2197 19404 SH DEFINED 0103 19404
MARRIOTT INTERNATION COM 571900109 9801 197000 SH DEFINED 0108 197000
MARRIOTT INTERNATION COM 571900109 122385 2460000 SH DEFINED 0126 2460000
MARRIOTT INTERNATION COM 571900109 49750 1000000 SH DEFINED 0111 1000000
MARRIOTT INTERNATION COM 571900109 925 18595 SH DEFINED 0103 18595
MARTIN MARIETTA MATE COM 573284106 25750 1000000 SH DEFINED 0130 1000000
MARTIN MARIETTA MATE COM 573284106 12875 500000 SH DEFINED 0108 500000
MARTIN MARIETTA MATE COM 573284106 6713 260700 SH DEFINED 0128 260700
MARTIN MARIETTA MATE COM 573284106 10944 425000 SH DEFINED 0107 425000
MARTIN MARIETTA MATE COM 573284106 29474 1144624 SH DEFINED 011618 1144624
MARTIN MARIETTA MATE COM 573284106 110 4300 SH DEFINED 0102 4300
MARTIN MARIETTA MATE COM 573284106 13418 521100 SH DEFINED 0131 521100
MARTIN MARIETTA MATE COM 573284106 572 22200 SH DEFINED 0103 22200
MASCO CORP COM 574599106 418 11700 SH DEFINED 0125 11700
MASCO CORP COM 574599106 165 4600 SH DEFINED 0102 4600
MASCO CORP COM 574599106 952 26630 SH DEFINED 0103 26630
<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
MASCOTECH INC CONV BOND 574670AB1 5809 6500000 PRN DEFINED 0104 6500000
MASCOTECH INC CONV BOND 574670AB1 3128 3500000 PRN DEFINED 011621 3500000
MASTEC INC. COM 576323109 33900 1200000 SH DEFINED 0111 1200000
MASTEC INC. COM 576323109 276 9750 SH DEFINED 0102 9750
MATTEL INC. COM 577081102 14400 600000 SH DEFINED 0111 600000
MATTEL INC. COM 577081102 5100 212500 SH DEFINED 011622 212500
MATTEL INC. COM 577081102 10800 450000 SH DEFINED 011623 450000
MATTEL INC. COM 577081102 180 7500 SH DEFINED 0102 7500
MATTEL INC. COM 577081102 946 39431 SH DEFINED 0103 39431
MAXIM GROUP INC COM 57772J104 1126 85000 SH DEFINED 011619 85000
MAXIM GROUP INC COM 57772J104 4174 315000 SH DEFINED 011614 315000
MAXIM INTEGRATED COM 57772K101 48375 1000000 SH DEFINED 0111 1000000
MAXIM INTEGRATED COM 57772K101 3386 70000 SH DEFINED 011622 70000
MAXIM INTEGRATED COM 57772K101 7740 160000 SH DEFINED 011623 160000
MAXIM INTEGRATED COM 57772K101 24188 500000 SH DEFINED 011618 500000
MAXIM INTEGRATED COM 57772K101 2661 55000 SH DEFINED 011619 55000
MAXIM INTEGRATED COM 57772K101 10110 209000 SH DEFINED 011614 209000
MAXIM INTEGRATED COM 57772K101 291 6000 SH DEFINED 0102 6000
MAY DEPT STORES COM 577778103 36400 800000 SH DEFINED 0113 800000
MAY DEPT STORES COM 577778103 16835 370000 SH DEFINED 0107 370000
MAY DEPT STORES COM 577778103 23888 525000 SH DEFINED 0131 525000
MAY DEPT STORES COM 577778103 2757 60583 SH DEFINED 0103 60583
MAYTAG CO COM 578592107 301 14574 SH DEFINED 0103 14574
MCAFEE ASSOCIATES IN COM 579057100 1991 45000 SH DEFINED 011619 45000
MCAFEE ASSOCIATES IN COM 579057100 8850 200000 SH DEFINED 011614 200000
MCAFEE ASSOCIATES IN COM 579057100 21106 476950 SH DEFINED 0102 476950
MCAFEE ASSOCIATES IN COM 579057100 8797 198800 SH DEFINED 0131 198800
MCAFEE ASSOCIATES IN COM 579057100 683 15450 SH DEFINED 0103 15450
MCDERMOTT INTL COM 580037109 170 7946 SH DEFINED 0103 7946
MCDONALDS COM 580135101 298 6288 SH DEFINED 0102 6288
MCDONALDS COM 580135101 4783 101231 SH DEFINED 0103 101231
MCDONNELL DOUGLASS COM 580169100 1934 31700 SH DEFINED 0125 31700
MCDONNELL DOUGLASS COM 580169100 152 2500 SH DEFINED 0102 2500
MCDONNELL DOUGLASS COM 580169100 2002 32827 SH DEFINED 0103 32827
MCGRAW-HILL COS INC COM 580645109 33231 650000 SH DEFINED 0113 650000
MCGRAW-HILL COS INC COM 580645109 19683 385000 SH DEFINED 0107 385000
MCGRAW-HILL COS INC COM 580645109 25563 500000 SH DEFINED 0131 500000
MCGRAW-HILL COS INC COM 580645109 2015 39414 SH DEFINED 0103 39414
MCKESSON 144A CVTPF CONV PFD STOCK 58155P204 10650 200000 SH DEFINED 0130 200000
MCKESSON CORP COM 581557105 2131 33300 SH DEFINED 011619 33300
MCKESSON CORP COM 581557105 7955 124300 SH DEFINED 011614 124300
MEAD CORP COM 582834107 403 7600 SH DEFINED 0125 7600
MEAD CORP COM 582834107 5 100 SH DEFINED 0102 100
MEAD CORP COM 582834107 403 7611 SH DEFINED 0103 7611
MECON COM 58400M105 77 21200 SH DEFINED 0102 21200
MEDIC COMPUTER COM 584472104 9200 575000 SH DEFINED 0106 575000
MEDICAL ALLIANCE COM 58449S105 1542 140000 SH DEFINED 011619 140000
MEDICAL RESOURCES COM 58461Q102 1490 137000 SH DEFINED 011619 137000
MEDICAL RESOURCES COM 58461Q102 5829 536000 SH DEFINED 011614 536000
MEDITRUST COM 58501T108 18625 500000 SH DEFINED 0113 500000
<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
MEDITRUST COM 58501T108 14900 400000 SH DEFINED 0131 400000
MEDITRUST COM 58501T108 559 15000 SH DEFINED 0103 15000
MEDTRONIC COM 585055106 31125 500000 SH DEFINED 0130 500000
MEDTRONIC COM 585055106 108938 1750000 SH DEFINED 0126 1750000
MEDTRONIC COM 585055106 37350 600000 SH DEFINED 0111 600000
MEDTRONIC COM 585055106 9418 151300 SH DEFINED 0124 151300
MEDTRONIC COM 585055106 7974 128100 SH DEFINED 0125 128100
MEDTRONIC COM 585055106 11205 180000 SH DEFINED 011622 180000
MEDTRONIC COM 585055106 24900 400000 SH DEFINED 011623 400000
MEDTRONIC COM 585055106 18675 300000 SH DEFINED 011618 300000
MEDTRONIC COM 585055106 126004 2024091 SH DEFINED 0102 2024091
MEDTRONIC COM 585055106 15326 246200 SH DEFINED 0131 246200
MEDTRONIC COM 585055106 5099 81909 SH DEFINED 0103 81909
MEDTRONIC COM 585055106 13322 214000 SH DEFINED 01 214000
MEGO MORTGAGE CORP COM 585165103 4250 340000 SH DEFINED 011614 340000
MELLON BANK CORP COM 585509102 23644 325000 SH DEFINED 0113 325000
MELLON BANK CORP COM 585509102 4234 58200 SH DEFINED 0124 58200
MELLON BANK CORP COM 585509102 4532 62300 SH DEFINED 0125 62300
MELLON BANK CORP COM 585509102 17824 245000 SH DEFINED 0107 245000
MELLON BANK CORP COM 585509102 47288 650000 SH DEFINED 011516 650000
MELLON BANK CORP COM 585509102 2910 40000 SH DEFINED 011620 40000
MELLON BANK CORP COM 585509102 473 6500 SH DEFINED 0102 6500
MELLON BANK CORP COM 585509102 2014 27688 SH DEFINED 0103 27688
MENS WEARHOUSE INC COM 587118100 2020 73462 SH DEFINED 0103 73462
MERCANTILE STORES COM 587533100 246 5312 SH DEFINED 0103 5312
MERCK COM 589331107 16850 200000 SH DEFINED 0130 200000
MERCK COM 589331107 10110 120000 SH DEFINED 0108 120000
MERCK COM 589331107 176925 2100000 SH DEFINED 0126 2100000
MERCK COM 589331107 12941 153600 SH DEFINED 0124 153600
MERCK COM 589331107 13135 155900 SH DEFINED 0125 155900
MERCK COM 589331107 4213 50000 SH DEFINED 0135 50000
MERCK COM 589331107 50550 600000 SH DEFINED 011516 600000
MERCK COM 589331107 44231 525000 SH DEFINED 011618 525000
MERCK COM 589331107 4128 49000 SH DEFINED 011620 49000
MERCK COM 589331107 177323 2104747 SH DEFINED 0102 2104747
MERCK COM 589331107 17257 204832 SH DEFINED 0103 204832
MERCK COM 589331107 15731 186716 SH DEFINED 01 186716
MEREDITH CORP COM 589433101 180 7788 SH DEFINED 0103 7788
MERRILL LYNCH & CO COM 590188108 68700 800000 SH DEFINED 0111 800000
MERRILL LYNCH & CO COM 590188108 6870 80000 SH DEFINED 011622 80000
MERRILL LYNCH & CO COM 590188108 13740 160000 SH DEFINED 011623 160000
MERRILL LYNCH & CO COM 590188108 411 4800 SH DEFINED 0102 4800
MERRILL LYNCH & CO COM 590188108 2050 23877 SH DEFINED 0103 23877
MERRY LAND & INVT CO COM 590438107 11275 550000 SH DEFINED 0113 550000
MERRY LAND & INVT CO COM 590438107 4510 220000 SH DEFINED 0107 220000
MERRY LAND & INVT CO COM 590438107 6150 300000 SH DEFINED 0131 300000
MERRY LAND & INVT CO COM 590438107 451 22000 SH DEFINED 0103 22000
METHANEX CORP COM 59151K108 1694 200000 SH DEFINED 011621 200000
MICHAELS STORES INC COM 594087108 2113 115000 SH DEFINED 011614 115000
MICROSOFT COM 594918104 220050 2400000 SH DEFINED 0126 2400000
<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
MICROSOFT COM 594918104 36675 400000 SH DEFINED 0111 400000
MICROSOFT COM 594918104 19749 215400 SH DEFINED 0124 215400
MICROSOFT COM 594918104 17861 194800 SH DEFINED 0125 194800
MICROSOFT COM 594918104 6418 70000 SH DEFINED 011622 70000
MICROSOFT COM 594918104 14670 160000 SH DEFINED 011623 160000
MICROSOFT COM 594918104 55013 600000 SH DEFINED 011516 600000
MICROSOFT COM 594918104 36675 400000 SH DEFINED 011618 400000
MICROSOFT COM 594918104 2922 31885 SH DEFINED 0102 31885
MICROSOFT COM 594918104 17716 193226 SH DEFINED 0103 193226
MICROSOFT COM 594918104 1650 18000 SH DEFINED 01 18000
MICRO-CHIP COM 595017104 11250 375000 SH DEFINED 0106 375000
MICRO-CHIP COM 595017104 20250 675000 SH DEFINED 011516 675000
MICRO-CHIP COM 595017104 8396 279850 SH DEFINED 011618 279850
MICRO-CHIP COM 595017104 2657 88450 SH DEFINED 0102 88450
MICRO-CHIP COM 595017104 1647 54900 SH DEFINED 0131 54900
MICRO-CHIP COM 595017104 133 4400 SH DEFINED 0103 4400
MICRON TECHNOLOGY COM 595112103 2025 50000 SH DEFINED 011619 50000
MICRON TECHNOLOGY COM 595112103 7695 190000 SH DEFINED 011614 190000
MICRON TECHNOLOGY COM 595112103 319 7875 SH DEFINED 0102 7875
MICRON TECHNOLOGY COM 595112103 1226 30260 SH DEFINED 0103 30260
MICRON TECHNOLOGY COM 595112103 344 8500 SH DEFINED 01 8500
MID-AMERICA APT COM 59522J103 6580 235000 SH DEFINED 0107 235000
MID ATLANTIC MEDICAL COM 59523C107 2795 207000 SH DEFINED 011619 207000
MID ATLANTIC MEDICAL COM 59523C107 10503 778000 SH DEFINED 011614 778000
MIDAMERICAN ENERGY PREFERRED STOCK 595620204 7935 73300 SH DEFINED 0105 73300
MIDAMERICAN ENERGY PREFERRED STOCK 595620204 3789 35000 SH DEFINED 01 35000
MILLENIUM CHEM INC COM 599903101 64 3392 SH DEFINED 01 3392
HERMAN MILLER COM 600544100 5119 75000 SH DEFINED 011619 75000
HERMAN MILLER COM 600544100 20475 300000 SH DEFINED 011614 300000
MILLIPORE CORP COM 601073109 19069 450000 SH DEFINED 0106 450000
MILLIPORE CORP COM 601073109 267 6303 SH DEFINED 0103 6303
MILLIPORE CORP COM 601073109 3051 72000 SH DEFINED 01 72000
MINERALS TECHNOLOGIE COM 603158106 4156 125000 SH DEFINED 0128 125000
MN MINING & MFG CO COM 604059105 114075 1350000 SH DEFINED 0126 1350000
MN MINING & MFG CO COM 604059105 7884 93300 SH DEFINED 0124 93300
MN MINING & MFG CO COM 604059105 6937 82100 SH DEFINED 0125 82100
MN MINING & MFG CO COM 604059105 9295 110000 SH DEFINED 0107 110000
MN MINING & MFG CO COM 604059105 431 5100 SH DEFINED 0102 5100
MN MINING & MFG CO COM 604059105 5701 67464 SH DEFINED 0103 67464
MN MINING & MFG CO COM 604059105 8408 99500 SH DEFINED 01 99500
MN P & L 144A $100 PREFERRED STOCK 6041103#1 4990 50000 SH DEFINED 0105 50000
MN P & L 144A $100 PREFERRED STOCK 6041103#1 2994 30000 SH DEFINED 01 30000
MN P&L 144A 6.70 PREFERRED STOCK 604110999 9988 100000 SH DEFINED 0105 100000
MIRAGE RESORTS INC COM 60462E104 42500 2000000 SH DEFINED 0126 2000000
MRS FIELDS COM 60650*990 605 20176717 SH DEFINED 0105 20176717
MOBIL COM 607059102 3919 30000 SH DEFINED 0108 30000
MOBIL COM 607059102 130625 1000000 SH DEFINED 0126 1000000
MOBIL COM 607059102 39188 300000 SH DEFINED 0113 300000
MOBIL COM 607059102 5225 40000 SH DEFINED 0132 40000
MOBIL COM 607059102 18941 145000 SH DEFINED 0107 145000
<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
MOBIL COM 607059102 45719 350000 SH DEFINED 011516 350000
MOBIL COM 607059102 118330 905861 SH DEFINED 0102 905861
MOBIL COM 607059102 29391 225000 SH DEFINED 0131 225000
MOBIL COM 607059102 9071 69442 SH DEFINED 0103 69442
MOBIL COM 607059102 9274 71000 SH DEFINED 01 71000
MOLEX INC COM 608554101 35500 1000000 SH DEFINED 011516 1000000
MOLEX INC COM 608554101 472 13309 SH DEFINED 0102 13309
MOLTEN METL TECH CVT CONV BOND 608712AA3 1180 2000000 PRN DEFINED 0104 2000000
MOLTEN METL TECH CVT CONV BOND 608712AA3 885 1500000 PRN DEFINED 0109 1500000
MOLTEN METL TECH CVT CONV BOND 608712AA3 590 1000000 PRN DEFINED 011621 1000000
MONDAVI ROBERT CORP COM 609200100 1994 55000 SH DEFINED 011619 55000
MONSANTO COMPANY COM 611662107 22950 600000 SH DEFINED 0130 600000
MONSANTO COMPANY COM 611662107 267750 7000000 SH DEFINED 0126 7000000
MONSANTO COMPANY COM 611662107 57375 1500000 SH DEFINED 0111 1500000
MONSANTO COMPANY COM 611662107 2467 64500 SH DEFINED 0124 64500
MONSANTO COMPANY COM 611662107 2941 76900 SH DEFINED 0125 76900
MONSANTO COMPANY COM 611662107 215 5600 SH DEFINED 0102 5600
MONSANTO COMPANY COM 611662107 3611 94416 SH DEFINED 0103 94416
MOORE CORP COM 615785102 290 14478 SH DEFINED 0103 14478
JP MORGAN & CO INC COM 616880100 19650 200000 SH DEFINED 0130 200000
JP MORGAN & CO INC COM 616880100 34388 350000 SH DEFINED 0113 350000
JP MORGAN & CO INC COM 616880100 15720 160000 SH DEFINED 0107 160000
JP MORGAN & CO INC COM 616880100 24563 250000 SH DEFINED 0131 250000
JP MORGAN & CO INC COM 616880100 3836 39047 SH DEFINED 0103 39047
JP MORGAN & CO INC COM 616880100 9039 92000 SH DEFINED 01 92000
JPMS-GANNETT MEDS CONV PFD STOCK 616880878 15750 200000 SH DEFINED 0107 200000
MORGAN STANLEY GROUP COM 617446109 7344 125000 SH DEFINED 0108 125000
MORGAN STANLEY GROUP COM 617446109 82250 1400000 SH DEFINED 0126 1400000
MORGAN STANLEY GROUP COM 617446109 35250 600000 SH DEFINED 011516 600000
MORGAN STANLEY GROUP COM 617446109 414 7050 SH DEFINED 0102 7050
MORGAN STANLEY GROUP COM 617446109 11597 197400 SH DEFINED 0131 197400
MORGAN STANLEY GROUP COM 617446109 1900 32346 SH DEFINED 0103 32346
MS-UNUM$2.34 121597 PREFERRED STOCK 617446570 46069 650000 SH DEFINED 0130 650000
MS-UNUM$2.34 121597 PREFERRED STOCK 617446570 38981 550000 SH DEFINED 0124 550000
MS-UNUM$2.34 121597 PREFERRED STOCK 617446570 56700 800000 SH DEFINED 011618 800000
MS-CONAGRA PEPS CONV PFD STOCK 617446612 17763 350000 SH DEFINED 0130 350000
MS-CONAGRA PEPS CONV PFD STOCK 617446612 16494 325000 SH DEFINED 0107 325000
MS-MERCK PEPS CONV PFD STOCK 617446620 17691 225000 SH DEFINED 0130 225000
MS-CITICORP CVT CONV PFD STOCK 617446638 24719 250000 SH DEFINED 0130 250000
MS-AIRTOUCH DEC CVT CONV PFD STOCK 617446653 12141 525000 SH DEFINED 0130 525000
MS-AIRTOUCH DEC CVT CONV PFD STOCK 617446653 10406 450000 SH DEFINED 0107 450000
MS-DURACELL DEC CVT CONV PFD STOCK 617446679 11456 195000 SH DEFINED 0130 195000
MORTON INTERNATIONAL COM 619331101 72 1700 SH DEFINED 0102 1700
MORTON INTERNATIONAL COM 619331101 875 20715 SH DEFINED 0103 20715
MOTOROLA COM 620076109 18113 300000 SH DEFINED 011516 300000
MOTOROLA COM 620076109 105 1741 SH DEFINED 0102 1741
MOTOROLA COM 620076109 5196 86055 SH DEFINED 0103 86055
MULTICANAL PRTICIPAC COM 62544D104 31 2250 SH DEFINED 0102 2250
MULTICANAL PRTICIPAC COM 62544D104 893 64350 SH DEFINED 0131 64350
MULTICANAL PRTICIPAC COM 62544D104 47 3400 SH DEFINED 0103 3400
<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
MURPHY OIL COM 626717102 4700 100000 SH DEFINED 0128 100000
MUTL RISKMGMTCVT/PUT CONV BOND 628351AA6 14613 35000000 PRN DEFINED 0106 35000000
MUTUAL RISK COM 628351108 36250 1000000 SH DEFINED 0130 1000000
MUTUAL RISK COM 628351108 3625 100000 SH DEFINED 0106 100000
MUTUAL RISK COM 628351108 3383 93333 SH DEFINED 011620 93333
MYLAN LABS COM 628530107 0 1 SH DEFINED 0102 1
NORTH AMERICAN BIOLO COM 628716102 947 139000 SH DEFINED 011619 139000
NORTH AMERICAN BIOLO COM 628716102 3577 525000 SH DEFINED 011614 525000
NEC CORP ADR COM 629050204 2831 50000 SH DEFINED 0110 50000
NIPSCO COM 629140104 13738 350000 SH DEFINED 0132 350000
NABORS INDUSTRIES IN COM 629568106 5168 265000 SH DEFINED 0135 265000
NACCO IND CL A COM 629579103 57 1162 SH DEFINED 0103 1162
NALCO CHEMICAL COM 629853102 32703 875000 SH DEFINED 0113 875000
NALCO CHEMICAL COM 629853102 9904 265000 SH DEFINED 0107 265000
NALCO CHEMICAL COM 629853102 74 2000 SH DEFINED 0102 2000
NALCO CHEMICAL COM 629853102 365 9753 SH DEFINED 0103 9753
NATIONAL AUS BK PFD CONV PFD STOCK 632525309 6750 270000 SH DEFINED 0130 270000
NATIONAL AUS BK PFD CONV PFD STOCK 632525309 6750 270000 SH DEFINED 0104 270000
NATIONAL AUS BK PFD CONV PFD STOCK 632525309 5500 220000 SH DEFINED 0109 220000
NATIONAL AUS BK PFD CONV PFD STOCK 632525309 2500 100000 SH DEFINED 0135 100000
NATIONAL AUS BK PFD CONV PFD STOCK 632525309 3500 140000 SH DEFINED 011621 140000
NATIONAL CITY CORP COM 635405103 32638 700000 SH DEFINED 0113 700000
NATIONAL CITY CORP COM 635405103 1499 32155 SH DEFINED 0103 32155
NATIONAL FUEL GAS CO COM 636180101 6413 150000 SH DEFINED 0132 150000
NATL SEMICONDUCTOR COM 637640103 1375 50000 SH DEFINED 0124 50000
NATL SEMICONDUCTOR COM 637640103 1524 55400 SH DEFINED 0125 55400
NATL SEMICONDUCTOR COM 637640103 22 800 SH DEFINED 0102 800
NATL SEMICONDUCTOR COM 637640103 641 23294 SH DEFINED 0103 23294
NATL SERVICES IND COM 637657107 17411 445000 SH DEFINED 0107 445000
NATL SERVICES IND COM 637657107 270 6900 SH DEFINED 0103 6900
NAT CORP HOUSING COM 637995994 100 500 SH DEFINED 01 500
NATIONS BANK COM 638585109 52606 950000 SH DEFINED 0130 950000
NATIONS BANK COM 638585109 29903 540000 SH DEFINED 0113 540000
NATIONS BANK COM 638585109 41864 756000 SH DEFINED 0124 756000
NATIONS BANK COM 638585109 31796 574200 SH DEFINED 0125 574200
NATIONS BANK COM 638585109 16059 290000 SH DEFINED 0107 290000
NATIONS BANK COM 638585109 292854 5288603 SH DEFINED 0102 5288603
NATIONS BANK COM 638585109 21319 385000 SH DEFINED 0131 385000
NATIONS BANK COM 638585109 13423 242408 SH DEFINED 0103 242408
NATIONS BANK COM 638585109 27411 495000 SH DEFINED 01 495000
NATIONWIDE FINL COM 638612101 337 13100 SH DEFINED 0108 13100
NATIONWIDE FINL COM 638612101 1803 70000 SH DEFINED 011619 70000
NATIONWIDE FINL COM 638612101 7725 300000 SH DEFINED 011614 300000
NATIONWIDE FINL COM 638612101 486 18900 SH DEFINED 0102 18900
NATIONWIDE FINL COM 638612101 505 19600 SH DEFINED 0131 19600
NATIONWIDE FINL COM 638612101 724 28100 SH DEFINED 0103 28100
NATIONWIDE HEALTH COM 638620104 11756 550000 SH DEFINED 0113 550000
NATIONWIDE HEALTH COM 638620104 3206 150000 SH DEFINED 0131 150000
NATIONWIDE HEALTH COM 638620104 428 20000 SH DEFINED 0103 20000
NAUTICA ENTERPRISES COM 639089101 4662 185500 SH DEFINED 0102 185500
<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
NAUTICA ENTERPRISES COM 639089101 78 3100 SH DEFINED 0103 3100
NAVISTAR INTL CORP COM 63934E108 908 96847 SH DEFINED 0103 96847
NEUBERGER & BERMAN COM 640917506 1312 77258 SH DEFINED 0103 77258
NETWORK GENERAL COM 641210109 1075 50000 SH DEFINED 0128 50000
NETWORK GENERAL COM 641210109 9138 425000 SH DEFINED 0106 425000
NETWORK GENERAL COM 641210109 1553 72200 SH DEFINED 0102 72200
NJ NATL GAS 100 144A PREFERRED STOCK 645869207 20400 200000 SH DEFINED 0105 200000
NEW JERSEY RESOURCES COM 646025106 4386 153900 SH DEFINED 0128 153900
NEW JERSEY RESOURCES COM 646025106 8550 300000 SH DEFINED 0132 300000
NEW YORK TIMES CLA COM 650111107 543 12300 SH DEFINED 0125 12300
NEW YORK TIMES CLA COM 650111107 114 2600 SH DEFINED 0102 2600
NEW YORK TIMES CLA COM 650111107 621 14074 SH DEFINED 0103 14074
NEWELL CO COM 651192106 3169 94600 SH DEFINED 011619 94600
NEWELL CO COM 651192106 12295 367000 SH DEFINED 011614 367000
NEWELL CO COM 651192106 773 23086 SH DEFINED 0103 23086
NEWELL CO COM 651192106 3199 95500 SH DEFINED 01 95500
NEWFIELD EXPLORATION COM 651290108 2660 140000 SH DEFINED 011620 140000
NEWFIELD EXPLORATION COM 651290108 14844 781280 SH DEFINED 0102 781280
NEWFIELD EXPLORATION COM 651290108 3479 183100 SH DEFINED 0131 183100
NEWFIELD EXPLORATION COM 651290108 366 19270 SH DEFINED 0103 19270
NEWMONT MINING COM 651639106 559 14426 SH DEFINED 0103 14426
NEXTEL COMM WTS WARRANT 65332V111 0 18902 SH DEFINED 0109 18902
NIAGARA MOHAWK POWER COM 653522102 178 20925 SH DEFINED 0103 20925
NICOR COM 654086107 231 7204 SH DEFINED 0103 7204
NIKE INC CL B COM 654106103 31000 500000 SH DEFINED 0130 500000
NIKE INC CL B COM 654106103 9455 152500 SH DEFINED 0108 152500
NIKE INC CL B COM 654106103 70680 1140000 SH DEFINED 0126 1140000
NIKE INC CL B COM 654106103 49600 800000 SH DEFINED 0111 800000
NIKE INC CL B COM 654106103 2567 41400 SH DEFINED 0124 41400
NIKE INC CL B COM 654106103 2778 44800 SH DEFINED 0125 44800
NIKE INC CL B COM 654106103 5580 90000 SH DEFINED 011622 90000
NIKE INC CL B COM 654106103 12400 200000 SH DEFINED 011623 200000
NIKE INC CL B COM 654106103 31000 500000 SH DEFINED 011516 500000
NIKE INC CL B COM 654106103 697 11250 SH DEFINED 0102 11250
NIKE INC CL B COM 654106103 14775 238300 SH DEFINED 0131 238300
NIKE INC CL B COM 654106103 3510 56600 SH DEFINED 0103 56600
99 CENTS ONLY STORE COM 65440K106 937 46600 SH DEFINED 0102 46600
NOBLE AFFILIATES COM 654894104 1888 50000 SH DEFINED 0135 50000
NOBLE AFFILIATES COM 654894104 30200 800000 SH DEFINED 011516 800000
NOBLE AFFILIATES COM 654894104 3398 90000 SH DEFINED 011620 90000
NOBLE AFFILIATES COM 654894104 24307 643850 SH DEFINED 0102 643850
NOBLE AFFILIATES COM 654894104 12726 337100 SH DEFINED 0131 337100
NOBLE AFFILIATES COM 654894104 907 24025 SH DEFINED 0103 24025
NOKIA PREFERRED COM 654902204 29125 500000 SH DEFINED 011516 500000
NOKIA PREFERRED COM 654902204 27871 478460 SH DEFINED 0102 478460
NOKIA PREFERRED COM 654902204 306 5250 SH DEFINED 0103 5250
NOKIA PREFERRED COM 654902204 8825 151500 SH DEFINED 01 151500
NOBLE DRILLING CORP COM 655042109 3450 200000 SH DEFINED 0135 200000
NORAM ENERGY CORP COM 655419109 86862 5939262 SH DEFINED 0103 5939262
NORDSTROM INC COM 655664100 445 11758 SH DEFINED 0103 11758
<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
NORFOLK SOUTHERN CO COM 655844108 1545 18122 SH DEFINED 0103 18122
NORFOLK SO RAILWAY PREFERRED STOCK 655855203 3 80 SH DEFINED 0102 80
NORTHRN ST PWR CO MN COM 665772109 26056 550000 SH DEFINED 0113 550000
NORTHRN ST PWR CO MN COM 665772109 9475 200000 SH DEFINED 0132 200000
NORTHRN ST PWR CO MN COM 665772109 17055 360000 SH DEFINED 0107 360000
NORTHRN ST PWR CO MN COM 665772109 14213 300000 SH DEFINED 0131 300000
NORTHRN ST PWR CO MN COM 665772109 1329 28045 SH DEFINED 0103 28045
NORTHRN ST PWR CO MN COM 665772109 3008 63500 SH DEFINED 01 63500
NORTHRN TELECOM COM 665815106 29419 450000 SH DEFINED 0130 450000
NORTHRN TELECOM COM 665815106 27458 420000 SH DEFINED 0126 420000
NORTHRN TELECOM COM 665815106 52300 800000 SH DEFINED 0111 800000
NORTHRN TELECOM COM 665815106 13075 200000 SH DEFINED 0132 200000
NORTHRN TELECOM COM 665815106 16854 257800 SH DEFINED 0124 257800
NORTHRN TELECOM COM 665815106 12846 196500 SH DEFINED 0125 196500
NORTHRN TELECOM COM 665815106 6538 100000 SH DEFINED 0135 100000
NORTHRN TELECOM COM 665815106 36610 560000 SH DEFINED 011618 560000
NORTHRN TELECOM COM 665815106 2615 40000 SH DEFINED 011620 40000
NORTHRN TELECOM COM 665815106 45620 697841 SH DEFINED 0102 697841
NORTHRN TELECOM COM 665815106 3911 59824 SH DEFINED 0103 59824
NORTHLAND CRANBERRIE COM 666499108 2646 146000 SH DEFINED 011619 146000
NORTHROP GRUMMAN COR COM 666807102 631 8346 SH DEFINED 0103 8346
NWA COM 667280101 22575 600000 SH DEFINED 0111 600000
NWA COM 667280101 2822 75000 SH DEFINED 011622 75000
NWA COM 667280101 5644 150000 SH DEFINED 011623 150000
NWA COM 667280101 2747 73000 SH DEFINED 011619 73000
NWA COM 667280101 10309 274000 SH DEFINED 011614 274000
NWA COM 667280101 353 9400 SH DEFINED 0102 9400
NWA COM 667280101 4127 109700 SH DEFINED 0131 109700
NWA COM 667280101 222 5900 SH DEFINED 0103 5900
NORTHWEST NATURAL GA COM 667655104 6431 262500 SH DEFINED 0132 262500
NORWEST CORP COM 669380107 18500 400000 SH DEFINED 0130 400000
NORWEST CORP COM 669380107 6512 140800 SH DEFINED 0108 140800
NORWEST CORP COM 669380107 231250 5000000 SH DEFINED 0126 5000000
NORWEST CORP COM 669380107 30063 650000 SH DEFINED 0113 650000
NORWEST CORP COM 669380107 5772 124800 SH DEFINED 0124 124800
NORWEST CORP COM 669380107 5735 124000 SH DEFINED 0125 124000
NORWEST CORP COM 669380107 15956 345000 SH DEFINED 0107 345000
NORWEST CORP COM 669380107 41625 900000 SH DEFINED 011516 900000
NORWEST CORP COM 669380107 33994 735000 SH DEFINED 011618 735000
NORWEST CORP COM 669380107 106095 2294039 SH DEFINED 0102 2294039
NORWEST CORP COM 669380107 24281 525000 SH DEFINED 0131 525000
NORWEST CORP COM 669380107 4981 107679 SH DEFINED 0103 107679
NORWEST CORP COM 669380107 5327 115185 SH DEFINED 01 115185
NOVARTIS AG ADR COM 66987V109 3906 63000 SH DEFINED 01 63000
NOVACARE CORP CONV BOND 669930AA7 6405 7000000 PRN DEFINED 0104 7000000
NOVACARE CORP CONV BOND 669930AA7 2745 3000000 PRN DEFINED 011621 3000000
NOVACARE INC COM 669930109 3274 270000 SH DEFINED 011619 270000
NOVACARE INC COM 669930109 9700 800000 SH DEFINED 011614 800000
NOVADIGM INC COM 669937104 51 12400 SH DEFINED 0102 12400
NOVELL INC COM 670006105 474 49903 SH DEFINED 0103 49903
<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
NUCOR CORP COM 670346105 27450 600000 SH DEFINED 0111 600000
NUCOR CORP COM 670346105 2745 60000 SH DEFINED 011622 60000
NUCOR CORP COM 670346105 5948 130000 SH DEFINED 011623 130000
NUCOR CORP COM 670346105 26588 581130 SH DEFINED 0102 581130
NUCOR CORP COM 670346105 1094 23920 SH DEFINED 0103 23920
NUCOR CORP COM 670346105 9288 203024 SH DEFINED 01 203024
NUEVO ENERGY CO COM 670509108 7675 200000 SH DEFINED 0106 200000
NYNEX COM 670768100 13688 300000 SH DEFINED 0132 300000
NYNEX COM 670768100 13688 300000 SH DEFINED 0107 300000
NYNEX COM 670768100 2912 63818 SH DEFINED 0103 63818
OAK TECHNOLOGY COM 671802106 554 54700 SH DEFINED 0102 54700
OASIS COM 674216106 3656 162500 SH DEFINED 0107 162500
OCCIDENTAL PETROLEUM COM 674599105 1174 47680 SH DEFINED 0103 47680
OCEANEERING INT'L COM 675232102 3906 250000 SH DEFINED 0135 250000
OFFICE MAX COM 67622M108 19500 1500000 SH DEFINED 0106 1500000
OFFICE MAX COM 67622M108 13000 1000000 SH DEFINED 011618 1000000
OGDEN CORP COM 676346109 10110 478565 SH DEFINED 0103 478565
OHIO EDISON COM 677347106 6866 325000 SH DEFINED 0132 325000
OHIO EDISON COM 677347106 468 22140 SH DEFINED 0103 22140
OHIO POWER CO $100 PREFERRED STOCK 677415796 3474 36000 SH DEFINED 0105 36000
OHI PWR CO $100 PREFERRED STOCK 677415812 980 10000 SH DEFINED 0105 10000
OHIO PWR CO $100 PREFERRED STOCK 677415820 504 5000 SH DEFINED 0105 5000
OLSTEN CORP COM 681385100 72 4500 SH DEFINED 0102 4500
OMNICARE, INC. COM 681904108 13187 561075 SH DEFINED 0102 561075
OMNICARE, INC. COM 681904108 172 7325 SH DEFINED 0103 7325
OMEGA HEALTH CARE COM 681936100 9375 300000 SH DEFINED 0113 300000
OMEGA HEALTH CARE COM 681936100 3906 125000 SH DEFINED 0107 125000
OMEGA HEALTH CARE COM 681936100 469 15000 SH DEFINED 0103 15000
ONEOK INC COM 682678107 5850 225000 SH DEFINED 0132 225000
ONEOK INC COM 682678107 103 3943 SH DEFINED 0103 3943
OPEN TEXT COM 683715106 106 14600 SH DEFINED 0102 14600
OPEN VISION COM 683716104 95 9200 SH DEFINED 0102 9200
ORACLE CORP COM COM 68389X105 28922 750000 SH DEFINED 0130 750000
ORACLE CORP COM COM 68389X105 6864 178000 SH DEFINED 0108 178000
ORACLE CORP COM COM 68389X105 115688 3000000 SH DEFINED 0126 3000000
ORACLE CORP COM COM 68389X105 52059 1350000 SH DEFINED 0111 1350000
ORACLE CORP COM COM 68389X105 13784 357450 SH DEFINED 0124 357450
ORACLE CORP COM COM 68389X105 10522 272850 SH DEFINED 0125 272850
ORACLE CORP COM COM 68389X105 9641 250000 SH DEFINED 0135 250000
ORACLE CORP COM COM 68389X105 11569 300000 SH DEFINED 011622 300000
ORACLE CORP COM COM 68389X105 26261 681000 SH DEFINED 011623 681000
ORACLE CORP COM COM 68389X105 11569 300000 SH DEFINED 011618 300000
ORACLE CORP COM COM 68389X105 2314 60000 SH DEFINED 011620 60000
ORACLE CORP COM COM 68389X105 104000 2696724 SH DEFINED 0102 2696724
ORACLE CORP COM COM 68389X105 18350 475850 SH DEFINED 0131 475850
ORACLE CORP COM COM 68389X105 5970 154818 SH DEFINED 0103 154818
ORACLE CORP COM COM 68389X105 12783 331490 SH DEFINED 01 331490
ORYX ENERGY CO COM 68763F100 293 15236 SH DEFINED 0103 15236
OUTDOOR SYSTEM COM 690057104 2988 100000 SH DEFINED 011619 100000
OUTDOOR SYSTEM COM 690057104 11950 400000 SH DEFINED 011614 400000
<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
OUTDOOR SYSTEM COM 690057104 13818 462550 SH DEFINED 0102 462550
OUTDOOR SYSTEM COM 690057104 158 5300 SH DEFINED 0103 5300
OWENS CORNIG FIB NEW COM 69073F103 302 7505 SH DEFINED 0103 7505
OXFORD HEALTH COM 691471106 1407 24000 SH DEFINED 011619 24000
OXFORD HEALTH COM 691471106 5218 89000 SH DEFINED 011614 89000
OXFORD RESOURCES COR COM 691808109 252 6000 SH DEFINED 0102 6000
OXIGENE INC COM 691828107 1920 60000 SH DEFINED 011619 60000
PILGRIM BAXTER GRWTH COM 693163107 5896 279954 SH DEFINED 0103 279954
PECO ENERGY COM 693304107 19356 950000 SH DEFINED 0113 950000
PECO ENERGY COM 693304107 15281 750000 SH DEFINED 0131 750000
PECO ENERGY COM 693304107 1329 65247 SH DEFINED 0103 65247
PACIFIC GAS & ELEC COM 69331C108 1407 59872 SH DEFINED 0103 59872
PNC FINL CORP COM 693475105 1977 49434 SH DEFINED 0103 49434
PP & L RESOURCES COM 693499105 477 23560 SH DEFINED 0103 23560
PPG INDUSTRIES INC COM 693506107 17550 325000 SH DEFINED 0131 325000
PPG INDUSTRIES INC COM 693506107 1437 26617 SH DEFINED 0103 26617
PRI AUTOMATION INC COM 69357H106 7163 150000 SH DEFINED 0106 150000
PRI AUTOMATION INC COM 69357H106 5146 107800 SH DEFINED 0102 107800
PRI AUTOMATION INC COM 69357H106 74 1550 SH DEFINED 0103 1550
PT KAWASAN GDS COM 69365P108 4375 330200 SH DEFINED 0135 330200
PACCAR INC COM 693718108 379 5684 SH DEFINED 0103 5684
PACIFIC ENTERPRISES COM 694232109 374 12351 SH DEFINED 0103 12351
PACIFIC GAS & ELEC PREFERRED STOCK 694308651 2693 112200 SH DEFINED 0105 112200
PACIFIC GAS & ELEC PREFERRED STOCK 694308693 18296 717500 SH DEFINED 0105 717500
PACIFIC TELESIS COM 694890104 2345 62124 SH DEFINED 0103 62124
PACIFICARE HEALTHCLB COM 695112201 17250 200000 SH DEFINED 011618 200000
PACIFICARE HEALTHCLB COM 695112201 1898 22000 SH DEFINED 011619 22000
PACIFICARE HEALTHCLB COM 695112201 7159 83000 SH DEFINED 011614 83000
PACIFICORP COM 695114108 915 42793 SH DEFINED 0103 42793
PACIFICORP $100 PAR PREFERRED STOCK 695114678 15975 150000 SH DEFINED 0105 150000
PACIFICORP $100 PAR PREFERRED STOCK 695114678 1065 10000 SH DEFINED 0116 10000
PAGEMART NATIONWIDE COM 69553Q108 203 50750 SH DEFINED 0109 50750
PAIN WEBBER GLOBAL COM 695910877 2 146 SH DEFINED 01 146
PAIR GAIN TECH COM 695934109 14680 495550 SH DEFINED 0102 495550
PAIR GAIN TECH COM 695934109 9797 330700 SH DEFINED 0131 330700
PAIR GAIN TECH COM 695934109 675 22800 SH DEFINED 0103 22800
PALL CORP COM 696429307 420 18174 SH DEFINED 0103 18174
PANERGY CORP COM 697926103 946 21926 SH DEFINED 0103 21926
PANAVISION INC COM 69830E100 1738 100000 SH DEFINED 0106 100000
PARAMETRIC TECH CORP COM 699173100 9025 200000 SH DEFINED 0108 200000
PARAMETRIC TECH CORP COM 699173100 99275 2200000 SH DEFINED 0126 2200000
PARAMETRIC TECH CORP COM 699173100 6209 137600 SH DEFINED 011622 137600
PARAMETRIC TECH CORP COM 699173100 13700 303600 SH DEFINED 011623 303600
PARAMETRIC TECH CORP COM 699173100 28203 625000 SH DEFINED 011516 625000
PARAMETRIC TECH CORP COM 699173100 3159 70000 SH DEFINED 011619 70000
PARAMETRIC TECH CORP COM 699173100 15794 350000 SH DEFINED 011614 350000
PARAMETRIC TECH CORP COM 699173100 63700 1411608 SH DEFINED 0102 1411608
PARAMETRIC TECH CORP COM 699173100 29124 645400 SH DEFINED 0131 645400
PARAMETRIC TECH CORP COM 699173100 2534 56150 SH DEFINED 0103 56150
PARAMETRIC TECH CORP COM 699173100 3745 83000 SH DEFINED 01 83000
<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
PAREXEL COM 699462107 7475 325000 SH DEFINED 0106 325000
PARK ELECTROCHEMICAL CONV BOND 700416AB6 3938 4500000 PRN DEFINED 011614 4500000
PARKER-HANNIFIN COM 701094104 461 10791 SH DEFINED 0103 10791
PATRIOT AMERN HOSP COM 703353102 6305 260000 SH DEFINED 0107 260000
PAYCHEX INC COM 704326107 49935 1214208 SH DEFINED 0102 1214208
PAYCHEX INC COM 704326107 7721 187750 SH DEFINED 0131 187750
PAYCHEX INC COM 704326107 2193 53320 SH DEFINED 0103 53320
PEDIATRIX COM 705324101 6697 203750 SH DEFINED 0102 203750
PEDIATRIX COM 705324101 72 2200 SH DEFINED 0103 2200
PEGASUS COMM CORP COM 705904100 186 16923 SH DEFINED 0109 16923
PENNCORP FINANCIAL G COM 708094107 15200 475000 SH DEFINED 0106 475000
PENNCORP FINANCIAL G COM 708094107 25600 800000 SH DEFINED 011618 800000
PENNCORP FINANCIAL G COM 708094107 36954 1154780 SH DEFINED 0102 1154780
PENNCORP FINANCIAL G COM 708094107 14102 440700 SH DEFINED 0131 440700
PENNCORP FINANCIAL G COM 708094107 1148 35870 SH DEFINED 0103 35870
PENNEY J C COM 708160106 26194 550000 SH DEFINED 0130 550000
PENNEY J C COM 708160106 36909 775000 SH DEFINED 0113 775000
PENNEY J C COM 708160106 21193 445000 SH DEFINED 0107 445000
PENNEY J C COM 708160106 28575 600000 SH DEFINED 0131 600000
PENNEY J C COM 708160106 3041 63850 SH DEFINED 0103 63850
PENNEY J C COM 708160106 1905 40000 SH DEFINED 01 40000
PENN P&L PFD $100 PREFERRED STOCK 709051643 2930 28000 SH DEFINED 0105 28000
PENN P&L $100 PAR PREFERRED STOCK 709051684 5993 60000 SH DEFINED 0105 60000
PENTAIR INC COM 709631105 2338 80979 SH DEFINED 0103 80979
PENNZOIL COM 709903108 348 6720 SH DEFINED 0103 6720
PENNZOIL COM 709903108 3338 64500 SH DEFINED 01 64500
PEOPLES ENERGY CORP COM 711030106 167 5055 SH DEFINED 0103 5055
PEOPLE SOFT COM 712713106 24570 614262 SH DEFINED 0102 614262
PEOPLE SOFT COM 712713106 15480 387000 SH DEFINED 0131 387000
PEOPLE SOFT COM 712713106 1056 26388 SH DEFINED 0103 26388
PEP BOYS COM 713278109 60 2000 SH DEFINED 0102 2000
PEP BOYS COM 713278109 272 9065 SH DEFINED 0103 9065
PEPSICO COM 713448108 7356 225473 SH DEFINED 0103 225473
PERCEPTRON INC COM 71361F100 745 28350 SH DEFINED 0102 28350
PEREZ COMPANC SA ADR COM 713665107 6232 400000 SH DEFINED 0135 400000
PEREZ COMPANC SA ADR COM 713665107 134 8600 SH DEFINED 0102 8600
PEREZ COMPANC SA ADR COM 713665107 7838 503100 SH DEFINED 0131 503100
PEREZ COMPANC SA ADR COM 713665107 358 23000 SH DEFINED 0103 23000
PERKIN ELMER COM 714041100 401 6224 SH DEFINED 0103 6224
PETRO SECURITIES AUS COM 715796108 115 5800 SH DEFINED 0102 5800
PETROBRAS ADR COM 71654V101 3421 170000 SH DEFINED 0124 170000
PETROBRAS ADR COM 71654V101 6843 340000 SH DEFINED 0112 340000
PETROBRAS ADR COM 71654V101 9660 480000 SH DEFINED 011617 480000
PETROLEUM GEO SERV COM 716597109 198 4601 SH DEFINED 0102 4601
PETSMART COM 716768106 3728 184100 SH DEFINED 0108 184100
PETSMART COM 716768106 36036 1779480 SH DEFINED 0102 1779480
PETSMART COM 716768106 13618 672500 SH DEFINED 0131 672500
PETSMART COM 716768106 1159 57220 SH DEFINED 0103 57220
PHARMACIA & UPJOHN COM 716941109 483 13200 SH DEFINED 0124 13200
PHARMACIA & UPJOHN COM 716941109 12518 341800 SH DEFINED 0107 341800
<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
PHARMACIA & UPJOHN COM 716941109 2699 73699 SH DEFINED 0103 73699
PFIZER COM 717081103 35753 425000 SH DEFINED 0130 425000
PFIZER COM 717081103 269200 3200000 SH DEFINED 0126 3200000
PFIZER COM 717081103 67300 800000 SH DEFINED 0111 800000
PFIZER COM 717081103 5813 69100 SH DEFINED 0124 69100
PFIZER COM 717081103 5426 64500 SH DEFINED 0125 64500
PFIZER COM 717081103 9254 110000 SH DEFINED 011622 110000
PFIZER COM 717081103 20190 240000 SH DEFINED 011623 240000
PFIZER COM 717081103 28182 335000 SH DEFINED 011618 335000
PFIZER COM 717081103 70254 835085 SH DEFINED 0102 835085
PFIZER COM 717081103 5586 66400 SH DEFINED 0131 66400
PFIZER COM 717081103 11083 131751 SH DEFINED 0103 131751
PFIZER COM 717081103 2103 25000 SH DEFINED 01 25000
PHELPS DODGE COM 717265102 688 9406 SH DEFINED 0103 9406
PHILIP ENVIRONMENTAL COM 717906101 7941 525000 SH DEFINED 0106 525000
PHILIP ENVIRONMENTAL COM 717906101 2902 191900 SH DEFINED 011619 191900
PHILIP MORRIS COM 718154107 22825 200000 SH DEFINED 0130 200000
PHILIP MORRIS COM 718154107 3424 30000 SH DEFINED 0108 30000
PHILIP MORRIS COM 718154107 34238 300000 SH DEFINED 0113 300000
PHILIP MORRIS COM 718154107 21113 185000 SH DEFINED 0107 185000
PHILIP MORRIS COM 718154107 43368 380000 SH DEFINED 011618 380000
PHILIP MORRIS COM 718154107 37819 331422 SH DEFINED 0102 331422
PHILIP MORRIS COM 718154107 26249 230000 SH DEFINED 0131 230000
PHILIP MORRIS COM 718154107 14749 129233 SH DEFINED 0103 129233
PHILIPPINE LONG DIST COM 718252604 6287 105000 SH DEFINED 0112 105000
PHILIPPINE LONG DIST COM 718252604 7898 131900 SH DEFINED 011617 131900
PHILLIPS PETROLEUM COM 718507106 1560 38173 SH DEFINED 0103 38173
PHOENIX DUFF & PHELP COM 718924103 4575 600000 SH DEFINED 0128 600000
PHOENIX DUFF & PHELP COM 718924103 2669 350000 SH DEFINED 011619 350000
PHYSICIANS SPECIALTY COM 718934102 1623 220000 SH DEFINED 011614 220000
PHOENIX SHANNON 144A CONV BOND 719138AA7 900 2000000 PRN DEFINED 0104 2000000
PHONE TEL COM 71921H406 2153 650000 SH DEFINED 011619 650000
PHYCOR COM 71940F100 19075 700000 SH DEFINED 0106 700000
PHYCOR COM 71940F100 2480 91000 SH DEFINED 011619 91000
PHYCOR COM 71940F100 9456 347000 SH DEFINED 011614 347000
PHYCOR COM 71940F100 49982 1834264 SH DEFINED 0102 1834264
PHYCOR COM 71940F100 6099 223800 SH DEFINED 0131 223800
PHYCOR COM 71940F100 1079 39600 SH DEFINED 0103 39600
PHYCOR COM 71940F100 531 19500 SH DEFINED 01 19500
PHYSIO CONTROL INTL COM 719431108 9713 700000 SH DEFINED 0111 700000
PHYSIO CONTROL INTL COM 719431108 830 59800 SH DEFINED 011619 59800
PHYSIO CONTROL INTL COM 719431108 2924 210850 SH DEFINED 0102 210850
PHYSIO CONTROL INTL COM 719431108 1446 104200 SH DEFINED 0131 104200
PHYSIO CONTROL INTL COM 719431108 103 7450 SH DEFINED 0103 7450
PHYSIO CONTROL INTL COM 719431108 444 32000 SH DEFINED 01 32000
PINNACLE COM 723481107 211 15500 SH DEFINED 0102 15500
PINNACLE WEST CAPITA COM 723484101 9038 300000 SH DEFINED 0132 300000
PIONEER HI-BRED COM 723686101 6602 105000 SH DEFINED 0108 105000
PIONEER HI-BRED COM 723686101 25150 400000 SH DEFINED 0126 400000
PIONEER HI-BRED COM 723686101 302 4801 SH DEFINED 0102 4801
<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
PIONEER HI-BRED COM 723686101 831 13216 SH DEFINED 0103 13216
PITNEY BOWES COM 724479100 1267 21563 SH DEFINED 0103 21563
PITTSTON BRINKS GRP COM 725701106 202 8000 SH DEFINED 0102 8000
PITTSTON BRINKS GRP COM 725701106 5712 226200 SH DEFINED 0131 226200
PITTSTON BRINKS GRP COM 725701106 303 12000 SH DEFINED 0103 12000
PLACER DOME INC COM 725906101 630 34749 SH DEFINED 0103 34749
PLATINUM TECH INC COM 72764T101 184 15500 SH DEFINED 0102 15500
PLAY BY PLAY TOYS COM 72811K103 274 21500 SH DEFINED 0102 21500
PLUMA INC COM 729272104 3600 300000 SH DEFINED 011614 300000
POGO PRODUCING CO COM 730448107 8100 225000 SH DEFINED 0106 225000
POGO PRODUCING CO COM 730448107 50932 1414820 SH DEFINED 0102 1414820
POGO PRODUCING CO COM 730448107 13781 382800 SH DEFINED 0131 382800
POGO PRODUCING CO COM 730448107 1376 38230 SH DEFINED 0103 38230
POGO PRODUCING CO COM 730448107 1170 32500 SH DEFINED 01 32500
POLAROID COM 731095105 262 6592 SH DEFINED 0103 6592
PORTUGAL TEL COM 737273102 7350 200000 SH DEFINED 0132 200000
POTLATCH CORP COM 737628107 173 4198 SH DEFINED 0103 4198
PRAEGITZER INDUSTRIE COM 739422103 447 49000 SH DEFINED 0102 49000
PRAXAIR COM 74005P104 22438 500000 SH DEFINED 0130 500000
PRAXAIR COM 74005P104 10097 225000 SH DEFINED 0108 225000
PRAXAIR COM 74005P104 53850 1200000 SH DEFINED 0126 1200000
PRAXAIR COM 74005P104 40388 900000 SH DEFINED 011516 900000
PRAXAIR COM 74005P104 2693 60000 SH DEFINED 011619 60000
PRAXAIR COM 74005P104 4263 95000 SH DEFINED 011620 95000
PRAXAIR COM 74005P104 12341 275000 SH DEFINED 011614 275000
PRAXAIR COM 74005P104 1396 31101 SH DEFINED 0102 31101
PRAXAIR COM 74005P104 16886 376300 SH DEFINED 0131 376300
PRAXAIR COM 74005P104 1793 39971 SH DEFINED 0103 39971
PRAXAIR COM 74005P104 6243 139124 SH DEFINED 01 139124
CBI INDUSTRIES 100 PREFERRED STOCK 74005P203 6930 70000 SH DEFINED 0105 70000
PRECISION CASTPARTS COM 740189105 3570 70000 SH DEFINED 0108 70000
PRECISION CASTPARTS COM 740189105 12492 244940 SH DEFINED 0102 244940
PRECISION CASTPARTS COM 740189105 179 3510 SH DEFINED 0103 3510
PRENTISS COM 740706106 5075 200000 SH DEFINED 0107 200000
PRIDE PETROLEUM SVCS COM 741541106 8300 400000 SH DEFINED 0106 400000
PROCTER & GAMBLE COM 742718109 34500 300000 SH DEFINED 0130 300000
PROCTER & GAMBLE COM 742718109 161000 1400000 SH DEFINED 0126 1400000
PROCTER & GAMBLE COM 742718109 38836 337700 SH DEFINED 0124 337700
PROCTER & GAMBLE COM 742718109 32534 282900 SH DEFINED 0125 282900
PROCTER & GAMBLE COM 742718109 57500 500000 SH DEFINED 011516 500000
PROCTER & GAMBLE COM 742718109 34329 298515 SH DEFINED 011618 298515
PROCTER & GAMBLE COM 742718109 123433 1073169 SH DEFINED 0102 1073169
PROCTER & GAMBLE COM 742718109 15019 130598 SH DEFINED 0103 130598
PROCTER & GAMBLE COM 742718109 4888 42500 SH DEFINED 01 42500
PRODUCTION OPERATORS COM 743080103 5663 100000 SH DEFINED 0128 100000
PROGRESSIVE CORP OH COM 743315103 8623 135000 SH DEFINED 0108 135000
PROGRESSIVE CORP OH COM 743315103 51100 800000 SH DEFINED 011516 800000
PROMUS HOTEL CORP COM 74342H104 38560 1159700 SH DEFINED 0126 1159700
PROMUS HOTEL CORP COM 74342H104 41422 1245810 SH DEFINED 0102 1245810
PROMUS HOTEL CORP COM 74342H104 17885 537900 SH DEFINED 0131 537900
<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
PROMUS HOTEL CORP COM 74342H104 28518 857679 SH DEFINED 0103 857679
PROMEDCO MGMT COM 74342L105 2970 330000 SH DEFINED 011614 330000
PROTECTIVE LIFE CORP COM 743674103 2856 68000 SH DEFINED 011619 68000
PROTECTIVE LIFE CORP COM 743674103 26346 627282 SH DEFINED 0103 627282
PRUDENTIAL UTIL CL A COM 743911208 2 199 SH DEFINED 01 199
PROVIDIAN CORP COM 744061102 4280 80000 SH DEFINED 0128 80000
PROVIDIAN CORP COM 744061102 27475 513550 SH DEFINED 0111 513550
PROVIDIAN CORP COM 744061102 15729 294000 SH DEFINED 0124 294000
PROVIDIAN CORP COM 744061102 15718 293800 SH DEFINED 0125 293800
PROVIDIAN CORP COM 744061102 2745 51300 SH DEFINED 011622 51300
PROVIDIAN CORP COM 744061102 5494 102700 SH DEFINED 011623 102700
PROVIDIAN CORP COM 744061102 4280 80000 SH DEFINED 011619 80000
PROVIDIAN CORP COM 744061102 2675 50000 SH DEFINED 011620 50000
PROVIDIAN CORP COM 744061102 15997 299000 SH DEFINED 011614 299000
PROVIDIAN CORP COM 744061102 14149 264474 SH DEFINED 0102 264474
PROVIDIAN CORP COM 744061102 6029 112700 SH DEFINED 0131 112700
PROVIDIAN CORP COM 744061102 2632 49208 SH DEFINED 0103 49208
PUBLIC SERV CO COLO COM 744448101 9688 250000 SH DEFINED 0132 250000
PUBLIC SERV CO COLO COM 744448101 15888 410000 SH DEFINED 0107 410000
PUB SERV ENTERPRISES COM 744573106 907 34562 SH DEFINED 0103 34562
PUBLIC STORAGE COM 74460D109 4350 150000 SH DEFINED 0107 150000
PUGET SOUND P&L $100 PREFERRED STOCK 745332502 171 1666 SH DEFINED 0105 1666
PUGET SOUND P&L $100 PREFERRED STOCK 745332817 5258 50000 SH DEFINED 01 50000
PUGET SOUND P&L $100 PREFERRED STOCK 745332817 1052 10000 SH DEFINED 0116 10000
PULTE CORP. COM 745867101 99 3378 SH DEFINED 0103 3378
PUTNAM HIGH YIELD COM 74678J104 2 232 SH DEFINED 01 232
QUAKER OATS COM 747402105 2555 70000 SH DEFINED 0108 70000
QUAKER OATS COM 747402105 14600 400000 SH DEFINED 0124 400000
QUAKER OATS COM 747402105 12187 333900 SH DEFINED 0125 333900
QUAKER OATS COM 747402105 9125 250000 SH DEFINED 0107 250000
QUAKER OATS COM 747402105 21900 600000 SH DEFINED 011516 600000
QUAKER OATS COM 747402105 35166 963518 SH DEFINED 0102 963518
QUAKER OATS COM 747402105 2045 56021 SH DEFINED 0103 56021
QUAKER OATS COM 747402105 2373 65000 SH DEFINED 01 65000
QUALITY DINING COM 74756P105 194 16900 SH DEFINED 0102 16900
QUALITY FOOD CENTERS COM 747565109 2688 64000 SH DEFINED 011619 64000
QUALITY FOOD CENTERS COM 747565109 10080 240000 SH DEFINED 011614 240000
QUESTAR COM 748356102 4305 120000 SH DEFINED 0128 120000
QUILMES INDUSTRIAL COM 74838Y108 6825 600000 SH DEFINED 0135 600000
QUORUM HEALTH COM 749084109 18525 600000 SH DEFINED 0106 600000
QUORUM HEALTH COM 749084109 1359 44000 SH DEFINED 011619 44000
QUORUM HEALTH COM 749084109 5125 166000 SH DEFINED 011614 166000
RFS HOTEL COM 74955J108 4431 255000 SH DEFINED 0107 255000
RFS HOTEL COM 74955J108 5968 343500 SH DEFINED 01 343500
RPM INC OHIO COM 749685103 0 1 SH DEFINED 0102 1
RAILTEX INC COM 750766107 616 37000 SH DEFINED 0102 37000
RAINBOW TECHNOLOGIES COM 750862104 0 1 SH DEFINED 0103 1
RALSTON PURINA GP COM 751277302 126 1600 SH DEFINED 0102 1600
RALSTON PURINA GP COM 751277302 1297 16600 SH DEFINED 0103 16600
RAYCHEM COM 754603108 330 4000 SH DEFINED 0125 4000
<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
RAYCHEM COM 754603108 20807 252575 SH DEFINED 0102 252575
RAYCHEM COM 754603108 974 11819 SH DEFINED 0103 11819
RAYCHEM COM 754603108 8717 105820 SH DEFINED 01 105820
RAYONIER COM 754907103 6146 165000 SH DEFINED 0128 165000
RAYTHEON COM 755111101 22391 496200 SH DEFINED 0124 496200
RAYTHEON COM 755111101 18619 412600 SH DEFINED 0125 412600
RAYTHEON COM 755111101 27526 610000 SH DEFINED 011516 610000
RAYTHEON COM 755111101 58665 1299888 SH DEFINED 0102 1299888
RAYTHEON COM 755111101 3726 82575 SH DEFINED 0103 82575
RAYTHEON COM 755111101 1128 25000 SH DEFINED 01 25000
READ RITE COM 755246105 3788 150000 SH DEFINED 0128 150000
READ RITE COM 755246105 3788 150000 SH DEFINED 0106 150000
READ RITE COM 755246105 2778 110000 SH DEFINED 011619 110000
READ RITE COM 755246105 10353 410000 SH DEFINED 011614 410000
RECKSON COM 75621K106 5304 115000 SH DEFINED 0107 115000
REEBOK INTERNATIONAL COM 758110100 361 8038 SH DEFINED 0103 8038
REGAL CINEMAS COM 758754105 7425 275000 SH DEFINED 0106 275000
RENAISSANCE SOLUTION COM 759924103 9469 375000 SH DEFINED 0106 375000
RENT WAY INC COM 76009U104 562 55600 SH DEFINED 0102 55600
REPSOL S.A. ADR COM 76026T205 26488 650000 SH DEFINED 0130 650000
REPSOL S.A. ADR COM 76026T205 16300 400000 SH DEFINED 0113 400000
REPSOL S.A. ADR COM 76026T205 5094 125000 SH DEFINED 0135 125000
REPSOL S.A. ADR COM 76026T205 11206 275000 SH DEFINED 0131 275000
REPSOL S.A. ADR COM 76026T205 571 14000 SH DEFINED 0103 14000
REPUBLIC INDUSTRIES COM 760516104 43703 1259915 SH DEFINED 011618 1259915
REPUBLIC INDUSTRIES COM 760516104 1218 35100 SH DEFINED 011619 35100
REPUBLIC INDUSTRIES COM 760516104 4679 134900 SH DEFINED 011614 134900
REPUBLIC INDUSTRIES COM 760516104 113 3250 SH DEFINED 0102 3250
REPUBLIC INDUSTRIES COM 760516104 3361 96900 SH DEFINED 0131 96900
REPUBLIC INDUSTRIES COM 760516104 167 4800 SH DEFINED 0103 4800
REPUBLIC INDUSTRIES COM 760516997 1592 45900 SH DEFINED 011619 45900
REPUBLIC INDUSTRIES COM 760516997 6108 176100 SH DEFINED 011614 176100
REPUBLIC INDUSTRIES COM 760516997 38 1100 SH DEFINED 0102 1100
REPUBLIC INDUSTRIES COM 760516997 2858 82400 SH DEFINED 0131 82400
REPUBLIC NY COM 760719104 707 8024 SH DEFINED 0103 8024
RESPIRONICS INC COM 761230101 0 1 SH DEFINED 0102 1
REVCO D.S. INC COM 761339100 36715 906520 SH DEFINED 0102 906520
REXALL SUNDOWN COM 761648104 2614 102000 SH DEFINED 011619 102000
REXALL SUNDOWN COM 761648104 7380 288000 SH DEFINED 011614 288000
REXALL SUNDOWN COM 761648104 685 26700 SH DEFINED 0102 26700
REYNOLDS & REYNOLDS COM 761695105 140863 5900000 SH DEFINED 0126 5900000
REYNOLDS & REYNOLDS COM 761695105 2435 102000 SH DEFINED 011619 102000
REYNOLDS & REYNOLDS COM 761695105 9192 385000 SH DEFINED 011614 385000
REYNOLDS & REYNOLDS COM 761695105 229 9600 SH DEFINED 0102 9600
REYNOLDS & REYNOLDS COM 761695105 6709 281000 SH DEFINED 0131 281000
REYNOLDS & REYNOLDS COM 761695105 341 14300 SH DEFINED 0103 14300
REYNOLDS METALS COM 761763101 15252 246000 SH DEFINED 0113 246000
REYNOLDS METALS COM 761763101 2021 32600 SH DEFINED 011619 32600
REYNOLDS METALS COM 761763101 7651 123400 SH DEFINED 011614 123400
REYNOLDS METALS COM 761763101 24800 400000 SH DEFINED 0131 400000
<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
REYNOLDS METALS COM 761763101 1690 27257 SH DEFINED 0103 27257
RHONE POULENC RORER COM 76242T104 98642 1333005 SH DEFINED 0103 1333005
RICHEY ELECTRON 144A CONV BOND 763302AA4 3180 3000000 PRN DEFINED 011614 3000000
RICHFOOD HLDG CL A COM 763408101 175 9300 SH DEFINED 0102 9300
RICHFOOD HLDG CL A COM 763408101 5240 279450 SH DEFINED 0131 279450
RICHFOOD HLDG CL A COM 763408101 245 13050 SH DEFINED 0103 13050
RIGGS SER B PFD COM 766570303 2076 72825 SH DEFINED 0109 72825
RISK CAPITAL RE COM 767711104 7650 450000 SH DEFINED 0106 450000
RISK CAPITAL RE COM 767711104 15016 883300 SH DEFINED 0111 883300
RISK CAPITAL RE COM 767711104 1278 75200 SH DEFINED 011622 75200
RISK CAPITAL RE COM 767711104 2934 172600 SH DEFINED 011623 172600
RISK CAPITAL RE COM 767711104 925 54400 SH DEFINED 011620 54400
RITE AID COM 767754104 4410 105000 SH DEFINED 0108 105000
RITE AID COM 767754104 11277 268500 SH DEFINED 0124 268500
RITE AID COM 767754104 9983 237700 SH DEFINED 0125 237700
RITE AID COM 767754104 63000 1500000 SH DEFINED 011516 1500000
RITE AID COM 767754104 3402 81000 SH DEFINED 011619 81000
RITE AID COM 767754104 4200 100000 SH DEFINED 011620 100000
RITE AID COM 767754104 14700 350000 SH DEFINED 011614 350000
RITE AID COM 767754104 145327 3460041 SH DEFINED 0102 3460041
RITE AID COM 767754104 11668 277810 SH DEFINED 0131 277810
RITE AID COM 767754104 3500 83326 SH DEFINED 0103 83326
RITE AID COM 767754104 2520 60000 SH DEFINED 01 60000
ROBERT HALF INTL INC COM 770323103 29208 837500 SH DEFINED 0102 837500
ROBERT HALF INTL INC COM 770323103 14773 423600 SH DEFINED 0131 423600
ROBERT HALF INTL INC COM 770323103 990 28400 SH DEFINED 0103 28400
ROCKWELL INT CORP COM 773903109 55144 850000 SH DEFINED 0126 850000
ROCKWELL INT CORP COM 773903109 29194 450000 SH DEFINED 0113 450000
ROCKWELL INT CORP COM 773903109 1946 30000 SH DEFINED 0124 30000
ROCKWELL INT CORP COM 773903109 1440 22200 SH DEFINED 0125 22200
ROCKWELL INT CORP COM 773903109 116 1800 SH DEFINED 0102 1800
ROCKWELL INT CORP COM 773903109 19463 300000 SH DEFINED 0131 300000
ROCKWELL INT CORP COM 773903109 3029 46695 SH DEFINED 0103 46695
ROHM & HAAS CO COM 775371107 691 9234 SH DEFINED 0103 9234
ROHR INDUSTRIES INC COM 775422108 4313 250000 SH DEFINED 0128 250000
ROHR INDUSTRIES INC COM 775422108 201 11700 SH DEFINED 0102 11700
ROHR INDUSTRIES INC COM 775422108 5194 301100 SH DEFINED 0131 301100
ROHR INDUSTRIES INC COM 775422108 309 17900 SH DEFINED 0103 17900
ROHR INDUSTRIES INC COM 775422108 4219 244600 SH DEFINED 01 244600
ROOSEVELT FINANCIAL COM 776493108 7069 325000 SH DEFINED 0128 325000
ROWAN COMPANIES INC COM 779382100 280 12380 SH DEFINED 0103 12380
PRICE ROWE INT'L FD COM 77956H203 4 318 SH DEFINED 01 318
ROYAL DUTCH PETE NEW COM 780257705 26250 150000 SH DEFINED 0130 150000
ROYAL DUTCH PETE NEW COM 780257705 175000 1000000 SH DEFINED 0126 1000000
ROYAL DUTCH PETE NEW COM 780257705 39375 225000 SH DEFINED 0113 225000
ROYAL DUTCH PETE NEW COM 780257705 46708 266900 SH DEFINED 0124 266900
ROYAL DUTCH PETE NEW COM 780257705 32655 186600 SH DEFINED 0125 186600
ROYAL DUTCH PETE NEW COM 780257705 23625 135000 SH DEFINED 0107 135000
ROYAL DUTCH PETE NEW COM 780257705 70000 400000 SH DEFINED 011516 400000
ROYAL DUTCH PETE NEW COM 780257705 54187 309509 SH DEFINED 0102 309509
<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
ROYAL DUTCH PETE NEW COM 780257705 30625 175000 SH DEFINED 0131 175000
ROYAL DUTCH PETE NEW COM 780257705 20462 116919 SH DEFINED 0103 116919
ROYAL DUTCH PETE NEW COM 780257705 15260 87200 SH DEFINED 01 87200
KPN ADR COM 780641205 30813 850000 SH DEFINED 0113 850000
KPN ADR COM 780641205 20844 575000 SH DEFINED 0131 575000
KPN ADR COM 780641205 834 23000 SH DEFINED 0103 23000
RUBBERMAID COM 781088109 0 1 SH DEFINED 0102 1
RUBBERMAID COM 781088109 541 21759 SH DEFINED 0103 21759
RUSSELL CORP COM 782352108 200 5585 SH DEFINED 0103 5585
RYDER SYSTEM COM 783549108 347 11847 SH DEFINED 0103 11847
SBC COMMUNICATIONS COM 78387G103 26313 500000 SH DEFINED 0130 500000
SBC COMMUNICATIONS COM 78387G103 39469 750000 SH DEFINED 0113 750000
SBC COMMUNICATIONS COM 78387G103 13156 250000 SH DEFINED 0132 250000
SBC COMMUNICATIONS COM 78387G103 28944 550000 SH DEFINED 0131 550000
SBC COMMUNICATIONS COM 78387G103 5766 109555 SH DEFINED 0103 109555
TELMEX CVT PFD CONV PFD STOCK 78387G202 26101 665000 SH DEFINED 0130 665000
TELMEX CVT PFD CONV PFD STOCK 78387G202 8243 210000 SH DEFINED 0132 210000
SGL CARBON COM 784188203 4266 93500 SH DEFINED 01 93500
SGS-THOMSON MICROELE COM 784213100 33063 500000 SH DEFINED 0111 500000
SGS-THOMSON MICROELE COM 784213100 7604 115000 SH DEFINED 0135 115000
SGS-THOMSON MICROELE COM 784213100 33063 500000 SH DEFINED 011516 500000
SGS-THOMSON MICROELE COM 784213100 9065 137100 SH DEFINED 0102 137100
SGS-THOMSON MICROELE COM 784213100 12041 182100 SH DEFINED 01 182100
SALOMON INC TRT PFD PREFERRED STOCK 784252207 8734 340000 SH DEFINED 0129 340000
SALOMON INC TRT PFD PREFERRED STOCK 784252207 10275 400000 SH DEFINED 0104 400000
STB SYSTEMS COM 784741100 1018 34800 SH DEFINED 0102 34800
SAFECO CORP COM 786429100 37000 925000 SH DEFINED 0113 925000
SAFECO CORP COM 786429100 15400 385000 SH DEFINED 0107 385000
SAFECO CORP COM 786429100 25000 625000 SH DEFINED 0131 625000
SAFECO CORP COM 786429100 1773 44335 SH DEFINED 0103 44335
SAFETY-KLEEN COM 786484105 60 4100 SH DEFINED 0102 4100
SAFETY-KLEEN COM 786484105 124 8406 SH DEFINED 0103 8406
SAFEWAY INC. COM 786514208 46375 1000000 SH DEFINED 0130 1000000
SAFEWAY INC. COM 786514208 13913 300000 SH DEFINED 0108 300000
SAFEWAY INC. COM 786514208 153038 3300000 SH DEFINED 0126 3300000
SAFEWAY INC. COM 786514208 46375 1000000 SH DEFINED 011516 1000000
SAFEWAY INC. COM 786514208 4081 88000 SH DEFINED 011619 88000
SAFEWAY INC. COM 786514208 3478 75000 SH DEFINED 011620 75000
SAFEWAY INC. COM 786514208 18365 396000 SH DEFINED 011614 396000
SAFEWAY INC. COM 786514208 120495 2598200 SH DEFINED 0102 2598200
SAFEWAY INC. COM 786514208 1155 24900 SH DEFINED 0103 24900
SAFEWAY INC. COM 786514208 14446 311500 SH DEFINED 01 311500
ST JUDE MEDICAL COM 790849103 5 150 SH DEFINED 0102 150
ST JUDE MEDICAL COM 790849103 394 11793 SH DEFINED 0103 11793
ST PAUL COMPANIES COM 792860108 37303 575000 SH DEFINED 0113 575000
ST PAUL COMPANIES COM 792860108 25950 400000 SH DEFINED 0131 400000
ST PAUL COMPANIES COM 792860108 4684 72201 SH DEFINED 0103 72201
SBH-APPLIED MAT ELK CONV PFD STOCK 7954QBN38 24213 515000 SH DEFINED 0130 515000
SALOMON INC. COM 79549B107 788 15805 SH DEFINED 0103 15805
CINCINNATI BELL PFD CONV PFD STOCK 79549B867 7375 125000 SH DEFINED 0132 125000
<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
SBH UTX ELK CONV PFD STOCK 79549QCY8 13110 186000 SH DEFINED 0107 186000
SAMSONITE CORP COM 79604V105 5882 136000 SH DEFINED 0108 136000
SAMSONITE CORP COM 79604V105 2595 60000 SH DEFINED 011619 60000
SAMSONITE CORP COM 79604V105 10813 250000 SH DEFINED 011614 250000
SAN DIEGO G&E $25 PREFERRED STOCK 797440831 1566 59500 SH DEFINED 0105 59500
SANMINA CORP COM 800907107 7831 175000 SH DEFINED 0106 175000
SANMINA CORP COM 800907107 2238 50000 SH DEFINED 011619 50000
SANMINA CORP COM 800907107 8950 200000 SH DEFINED 011614 200000
SANMINA CORP COM 800907107 949 21219 SH DEFINED 0102 21219
SANMINA CORP COM 800907107 873 19500 SH DEFINED 01 19500
SANTA FE ENERGY RES COM 802012104 182 13127 SH DEFINED 0103 13127
SANTA FE PAC GOLD CO COM 802176107 314 19035 SH DEFINED 0103 19035
SARA LEE CORP COM 803111103 2633 65000 SH DEFINED 011620 65000
SARA LEE CORP COM 803111103 2842 70162 SH DEFINED 0103 70162
SASOL LTD ADR COM 803866300 0 1 SH DEFINED 0102 1
SCANA CORP COM 805898103 7739 305000 SH DEFINED 0132 305000
SCANDINAVIAN BROAD CONV BOND 805906AA2 13688 15000000 PRN DEFINED 0130 15000000
SCANDINAVIAN BROAD CONV BOND 805906AA2 5110 5600000 PRN DEFINED 0104 5600000
SCANDINAVIAN BROAD CONV BOND 805906AA2 3404 3730000 PRN DEFINED 0109 3730000
SCANDINAVIAN BROAD CONV BOND 805906AA2 4106 4500000 PRN DEFINED 0135 4500000
SCANDINAVIAN BROAD CONV BOND 805906AA2 4261 4670000 PRN DEFINED 011621 4670000
SCHERER (R.P.)/DE COM 806528105 2314 44600 SH DEFINED 011619 44600
SCHERER (R.P.)/DE COM 806528105 8943 172400 SH DEFINED 011614 172400
SCHERER (R.P.)/DE COM 806528105 1520 29300 SH DEFINED 0102 29300
SCHERING PLOUGH COM 806605101 40013 550000 SH DEFINED 0130 550000
SCHERING PLOUGH COM 806605101 27281 375000 SH DEFINED 0113 375000
SCHERING PLOUGH COM 806605101 21825 300000 SH DEFINED 0124 300000
SCHERING PLOUGH COM 806605101 16718 229800 SH DEFINED 0125 229800
SCHERING PLOUGH COM 806605101 1862 25600 SH DEFINED 011620 25600
SCHERING PLOUGH COM 806605101 104690 1439011 SH DEFINED 0102 1439011
SCHERING PLOUGH COM 806605101 20006 275000 SH DEFINED 0131 275000
SCHERING PLOUGH COM 806605101 6879 94548 SH DEFINED 0103 94548
SCHERING PLOUGH COM 806605101 5456 75000 SH DEFINED 01 75000
SCHLUMBERGER LTD COM 806857108 37538 350000 SH DEFINED 0130 350000
SCHLUMBERGER LTD COM 806857108 10725 100000 SH DEFINED 0108 100000
SCHLUMBERGER LTD COM 806857108 75075 700000 SH DEFINED 0126 700000
SCHLUMBERGER LTD COM 806857108 75075 700000 SH DEFINED 0111 700000
SCHLUMBERGER LTD COM 806857108 2681 25000 SH DEFINED 0124 25000
SCHLUMBERGER LTD COM 806857108 10725 100000 SH DEFINED 0125 100000
SCHLUMBERGER LTD COM 806857108 8044 75000 SH DEFINED 011622 75000
SCHLUMBERGER LTD COM 806857108 16088 150000 SH DEFINED 011623 150000
SCHLUMBERGER LTD COM 806857108 53625 500000 SH DEFINED 011516 500000
SCHLUMBERGER LTD COM 806857108 14417 134430 SH DEFINED 0102 134430
SCHLUMBERGER LTD COM 806857108 3830 35715 SH DEFINED 0103 35715
SCHOLASTIC CORP COM 807066105 3560 126000 SH DEFINED 0108 126000
SCHULMAN (A.) INC COM 808194104 4180 220000 SH DEFINED 0128 220000
SCHWAB CHARLES CORP COM 808513105 3471 108900 SH DEFINED 011619 108900
SCHWAB CHARLES CORP COM 808513105 14025 440000 SH DEFINED 011614 440000
SCIENTIFIC ATLANTA COM 808655104 171 11240 SH DEFINED 0103 11240
SEAGATE TECHNOLOGY COM 811804103 2019 45000 SH DEFINED 0124 45000
<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
SEAGATE TECHNOLOGY COM 811804103 2203 49100 SH DEFINED 0125 49100
SEAGATE TECHNOLOGY COM 811804103 160 3600 SH DEFINED 0102 3600
SEAGATE TECHNOLOGY COM 811804103 1864 41538 SH DEFINED 0103 41538
SEAGRAM LTD COM 811850106 2069 54084 SH DEFINED 0103 54084
SEAGULL ENERGY CORP COM 812007102 7200 400000 SH DEFINED 0106 400000
SEALED AIR CORP COM 812115103 8225 200000 SH DEFINED 0106 200000
SEALED AIR CORP COM 812115103 3031 73700 SH DEFINED 011619 73700
SEALED AIR CORP COM 812115103 13571 330000 SH DEFINED 011614 330000
SEALED AIR CORP COM 812115103 1378 33500 SH DEFINED 01 33500
SEARS ROEBUCK & CO COM 812387108 49244 979910 SH DEFINED 0102 979910
SEARS ROEBUCK & CO COM 812387108 2855 56809 SH DEFINED 0103 56809
SEATRAIN LINES COM 812557205 19 621353 SH DEFINED 0102 621353
2ND GLASTONBURY PROP COM 813200995 0 99 SH DEFINED 0102 99
SECURITY CAPITAL IND COM 814138103 4523 216666 SH DEFINED 0132 216666
SECURITY CAPITAL IND COM 814138103 3758 180000 SH DEFINED 0107 180000
SEPRACOR INC COM 817315104 2445 106000 SH DEFINED 011619 106000
SEPRACOR INC COM 817315104 9363 406000 SH DEFINED 011614 406000
SEQUES PHARMACEUTICA COM 817471105 230 30200 SH DEFINED 0102 30200
SERVICE CORP INTL COM 817565104 23800 800000 SH DEFINED 0130 800000
SERVICE CORP INTL COM 817565104 12674 426000 SH DEFINED 0108 426000
SERVICE CORP INTL COM 817565104 71400 2400000 SH DEFINED 0111 2400000
SERVICE CORP INTL COM 817565104 16910 568400 SH DEFINED 0124 568400
SERVICE CORP INTL COM 817565104 13649 458800 SH DEFINED 0125 458800
SERVICE CORP INTL COM 817565104 3868 130000 SH DEFINED 011622 130000
SERVICE CORP INTL COM 817565104 8628 290000 SH DEFINED 011623 290000
SERVICE CORP INTL COM 817565104 29750 1000000 SH DEFINED 011618 1000000
SERVICE CORP INTL COM 817565104 3570 120000 SH DEFINED 011620 120000
SERVICE CORP INTL COM 817565104 45592 1532635 SH DEFINED 0102 1532635
SERVICE CORP INTL COM 817565104 12522 420900 SH DEFINED 0131 420900
SERVICE CORP INTL COM 817565104 3913 131492 SH DEFINED 0103 131492
SERVICE CORP INTL COM 817565104 4299 144500 SH DEFINED 01 144500
SHARED MED SYSTEMS COM 819486101 158 3397 SH DEFINED 0103 3397
SHELDAHL INC COM 822440103 2661 129000 SH DEFINED 011619 129000
SHELL TRANSPORT & COM 822703609 4180 40000 SH DEFINED 0132 40000
SHELL TRANSPORT & COM 822703609 34485 330000 SH DEFINED 011618 330000
SHERWIN WILLIAMS COM 824348106 17550 650000 SH DEFINED 0108 650000
SHERWIN WILLIAMS COM 824348106 64800 2400000 SH DEFINED 011516 2400000
SHERWIN WILLIAMS COM 824348106 2160 80000 SH DEFINED 011620 80000
SHERWIN WILLIAMS COM 824348106 51762 1917076 SH DEFINED 0102 1917076
SHERWIN WILLIAMS COM 824348106 673 24928 SH DEFINED 0103 24928
SHERWIN WILLIAMS COM 824348106 1904 70500 SH DEFINED 01 70500
SHOPKO STORES COM 824911101 19520 1301307 SH DEFINED 0103 1301307
SHURGARD STORAGE CTR COM 82567D104 5525 200000 SH DEFINED 0131 200000
SIERRA PACIFIC RES COM 826425100 4700 160000 SH DEFINED 0128 160000
SIERRA PACIFIC RES COM 826425100 11750 400000 SH DEFINED 0132 400000
SIGMA-ALDRICH COM 826552101 1420 46000 SH DEFINED 011619 46000
SIGMA-ALDRICH COM 826552101 5341 173000 SH DEFINED 011614 173000
SIGMA-ALDRICH COM 826552101 13654 442335 SH DEFINED 0102 442335
SIGMA-ALDRICH COM 826552101 447 14481 SH DEFINED 0103 14481
SIGMA-ALDRICH COM 826552101 1235 40000 SH DEFINED 01 40000
<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
SIGNET BANKING CORP COM 826681108 2297 77864 SH DEFINED 0103 77864
SIG CORP COM 826912107 3506 150000 SH DEFINED 0132 150000
SILGAN HOLDINGS COM 827048109 4125 165000 SH DEFINED 011614 165000
SILGAN HLDG 144A PFD PREFERRED STOCK 827048208 194 170 SH DEFINED 0109 170
SILIGAN HLDG PFD COM 827048307 5891 5156 SH DEFINED 0109 5156
SILICON GRAPHICS INC COM 827056102 17550 900000 SH DEFINED 0130 900000
SILICON GRAPHICS INC COM 827056102 39000 2000000 SH DEFINED 0111 2000000
SILICON GRAPHICS INC COM 827056102 9083 465800 SH DEFINED 0124 465800
SILICON GRAPHICS INC COM 827056102 4247 217800 SH DEFINED 0125 217800
SILICON GRAPHICS INC COM 827056102 2223 114000 SH DEFINED 011619 114000
SILICON GRAPHICS INC COM 827056102 2340 120000 SH DEFINED 011620 120000
SILICON GRAPHICS INC COM 827056102 10848 556300 SH DEFINED 011614 556300
SILICON GRAPHICS INC COM 827056102 101362 5197747 SH DEFINED 0102 5197747
SILICON GRAPHICS INC COM 827056102 7092 363700 SH DEFINED 0131 363700
SILICON GRAPHICS INC COM 827056102 1640 84063 SH DEFINED 0103 84063
SILICON GRAPHICS INC COM 827056102 400 20500 SH DEFINED 01 20500
SIMON DEBARTOLO GRP COM 828781104 20419 675000 SH DEFINED 0113 675000
SIMON DEBARTOLO GRP COM 828781104 5445 180000 SH DEFINED 0128 180000
SIMON DEBARTOLO GRP COM 828781104 7563 250000 SH DEFINED 0132 250000
SIMON DEBARTOLO GRP COM 828781104 4235 140000 SH DEFINED 0107 140000
SIMON DEBARTOLO GRP COM 828781104 15579 515000 SH DEFINED 0131 515000
SIMON DEBARTOLO GRP COM 828781104 847 28000 SH DEFINED 0103 28000
SINTER METALS INC COM 82934Q101 3880 141100 SH DEFINED 011614 141100
SIRROM CAPITAL CORP COM 829905108 12670 349500 SH DEFINED 0102 349500
SIRROM CAPITAL CORP COM 829905108 6505 179450 SH DEFINED 0131 179450
SIRROM CAPITAL CORP COM 829905108 542 14950 SH DEFINED 0103 14950
SMITH INTL COM 832110100 219 4800 SH DEFINED 0102 4800
SMITH INTL COM 832110100 6068 133000 SH DEFINED 0131 133000
SMITH INTL COM 832110100 338 7400 SH DEFINED 0103 7400
SMITHFIELD FOODS INC COM 832248108 1246 29500 SH DEFINED 011619 29500
SMITHFIELD FOODS INC COM 832248108 4669 110500 SH DEFINED 011614 110500
SMITHKLN BCHM PLCADR COM 832378301 35000 500000 SH DEFINED 0130 500000
SMITHKLN BCHM PLCADR COM 832378301 15750 225000 SH DEFINED 0108 225000
SMITHKLN BCHM PLCADR COM 832378301 140000 2000000 SH DEFINED 0126 2000000
SMITHKLN BCHM PLCADR COM 832378301 38500 550000 SH DEFINED 0113 550000
SMITHKLN BCHM PLCADR COM 832378301 11900 170000 SH DEFINED 0107 170000
SMITHKLN BCHM PLCADR COM 832378301 49000 700000 SH DEFINED 011516 700000
SMITHKLN BCHM PLCADR COM 832378301 44100 630000 SH DEFINED 011618 630000
SMITHKLN BCHM PLCADR COM 832378301 210 3000 SH DEFINED 0102 3000
SMITHKLN BCHM PLCADR COM 832378301 28000 400000 SH DEFINED 0131 400000
SMITHKLN BCHM PLCADR COM 832378301 1190 17000 SH DEFINED 0103 17000
SNAP ON INC COM 833034101 3449 89000 SH DEFINED 011620 89000
SNAP ON INC COM 833034101 341 8794 SH DEFINED 0103 8794
SOFTKEY CONV BOND 83402NAA7 11550 15000000 PRN DEFINED 0130 15000000
SOFTKEY CONV BOND 83402NAA7 9240 12000000 PRN DEFINED 0104 12000000
SOFTKEY CONV BOND 83402NAA7 1925 2500000 PRN DEFINED 0109 2500000
SOFTKEY CONV BOND 83402NAA7 3850 5000000 PRN DEFINED 011621 5000000
SOFTKEY CONV BOND 83402NAA7 11550 15000000 PRN DEFINED 011618 15000000
SOFTBRIDGE MICRO SYS COM 834020992 135 13500 SH DEFINED 01 13500
SOLECTRON CORP COM 834182107 12531 250000 SH DEFINED 0108 250000
<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
SOLECTRON CORP COM 834182107 3659 73000 SH DEFINED 0128 73000
SOLECTRON CORP COM 834182107 18797 375000 SH DEFINED 0106 375000
SOLECTRON CORP COM 834182107 31328 625000 SH DEFINED 0111 625000
SOLECTRON CORP COM 834182107 4010 80000 SH DEFINED 011622 80000
SOLECTRON CORP COM 834182107 8020 160000 SH DEFINED 011623 160000
SOLECTRON CORP COM 834182107 50125 1000000 SH DEFINED 011516 1000000
SOLECTRON CORP COM 834182107 27569 550000 SH DEFINED 011618 550000
SOLECTRON CORP COM 834182107 225 4500 SH DEFINED 0102 4500
SONAT INC COM 835415100 5417 99400 SH DEFINED 0132 99400
SONAT INC COM 835415100 13562 248850 SH DEFINED 0124 248850
SONAT INC COM 835415100 13674 250900 SH DEFINED 0125 250900
SONAT INC COM 835415100 4357 79950 SH DEFINED 011619 79950
SONAT INC COM 835415100 16336 299750 SH DEFINED 011614 299750
SONAT INC COM 835415100 13922 255449 SH DEFINED 0102 255449
SONAT INC COM 835415100 1887 34625 SH DEFINED 0103 34625
SONAT INC COM 835415100 3079 56500 SH DEFINED 01 56500
SONY CORP ADRS COM 835699307 4887 70700 SH DEFINED 0135 70700
SONY CORP ADRS COM 835699307 2938 42500 SH DEFINED 01 42500
SE ASIA FRONTIER PPD COM 841335995 523 190000 SH DEFINED 0135 190000
SO CA EDISON $100 PREFERRED STOCK 842400772 4324 45000 SH DEFINED 0105 45000
SO CA EDISON $100 PREFERRED STOCK 842400780 21489 202250 SH DEFINED 0105 202250
SO CA EDISON $100 PREFERRED STOCK 842400780 2125 20000 SH DEFINED 01 20000
SO CA EDISON $100 PREFERRED STOCK 842400780 531 5000 SH DEFINED 0116 5000
SOUTHERN CO. COM 842587107 22181 1050000 SH DEFINED 0113 1050000
SOUTHERN CO. COM 842587107 12781 605000 SH DEFINED 0107 605000
SOUTHERN CO. COM 842587107 17428 825000 SH DEFINED 0131 825000
SOUTHERN CO. COM 842587107 2910 137770 SH DEFINED 0103 137770
SO INDIANA G&E 100 PREFERRED STOCK 8431634@2 7257 75000 SH DEFINED 0105 75000
SOUTHTRUST CORP COM 844730101 36125 1000000 SH DEFINED 011516 1000000
SOUTHTRUST CORP COM 844730101 1626 45000 SH DEFINED 011619 45000
SOUTHTRUST CORP COM 844730101 6322 175000 SH DEFINED 011614 175000
SOUTHWEST AIRLINES COM 844741108 13275 600000 SH DEFINED 011618 600000
SOUTHWEST AIRLINES COM 844741108 132 6000 SH DEFINED 0102 6000
SOUTHWEST AIRLINES COM 844741108 466 21075 SH DEFINED 0103 21075
SPECIALTY FOODS ACQ COM 847498102 113 300000 SH DEFINED 0109 300000
SPECIALTY FOODS ACQ COM 847498102 6 15000 SH DEFINED 011621 15000
SPEED FAM COM 847706108 3465 105000 SH DEFINED 011614 105000
SPINE TECH COM 848927109 7838 275000 SH DEFINED 0106 275000
SPRINGS INDS INC COM 851783100 131 2924 SH DEFINED 0103 2924
SPRINT CORP COM 852061100 2840 62420 SH DEFINED 0103 62420
STABLE CAPITAL FUND COM 852300987 1100257 86389602 SH DEFINED 0103 86389602
STAGESTORE INC COM 85254C107 6600 300000 SH DEFINED 011614 300000
STANDEX INTERNATIONA COM 854231107 3919 150000 SH DEFINED 0128 150000
STANHOME INC COM 854425105 4104 165000 SH DEFINED 0128 165000
STANLEY WORKS THE COM 854616109 2765 73000 SH DEFINED 011619 73000
STANLEY WORKS THE COM 854616109 10378 274000 SH DEFINED 011614 274000
STANLEY WORKS THE COM 854616109 488 12879 SH DEFINED 0103 12879
STARBUCKS COM 855244109 321 10850 SH DEFINED 0102 10850
STARBUCKS COM 855244109 9080 306500 SH DEFINED 0131 306500
STARBUCKS COM 855244109 480 16200 SH DEFINED 0103 16200
<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
STATE STREET BOSTON COM 857473102 117938 1700000 SH DEFINED 0126 1700000
STATE STREET BOSTON COM 857473102 76313 1100000 SH DEFINED 011516 1100000
STATION CASINO COM 857689103 4063 500000 SH DEFINED 0128 500000
STATION CASINOS $50 CONV PFD STOCK 857689202 4744 110000 SH DEFINED 0130 110000
STATION CASINOS $50 CONV PFD STOCK 857689202 647 15000 SH DEFINED 0124 15000
STATION CASINOS $50 CONV PFD STOCK 857689202 647 15000 SH DEFINED 011621 15000
STEIN MART INC COM 858375108 1625 57000 SH DEFINED 011619 57000
STEIN MART INC COM 858375108 6099 214000 SH DEFINED 011614 214000
STERLING COMMERCE COM 859205106 29000 1000000 SH DEFINED 011516 1000000
STERLING COMMERCE COM 859205106 9231 318301 SH DEFINED 0102 318301
STERLING COMMERCE COM 859205106 146 5038 SH DEFINED 0103 5038
STERLING SOFTWARE IN COM 859547101 4420 160000 SH DEFINED 0128 160000
STERLING SOFTWARE IN COM 859547101 7597 275000 SH DEFINED 0106 275000
STERLING SOFTWARE IN COM 859547101 4755 172110 SH DEFINED 0102 172110
STERLING SOFTWARE IN COM 859547101 77 2790 SH DEFINED 0103 2790
STEWART & STEVENSON COM 860342104 3200 160000 SH DEFINED 0128 160000
STEWART ENTERPRISES COM 860370105 299 8200 SH DEFINED 0102 8200
STEWART ENTERPRISES COM 860370105 8348 228700 SH DEFINED 0131 228700
STEWART ENTERPRISES COM 860370105 394 10800 SH DEFINED 0103 10800
STILLWATER MINING COM 860490994 3345 170454 SH DEFINED 0127 170454
STILLWATER MINING CO COM 86074Q102 17466 890000 SH DEFINED 0130 890000
STILLWATER MINING CO COM 86074Q102 6869 350000 SH DEFINED 0106 350000
STILLWATER MINING CO COM 86074Q102 7850 400000 SH DEFINED 0111 400000
STILLWATER MINING CO COM 86074Q102 3515 179100 SH DEFINED 0135 179100
STILLWATER MINING CO COM 86074Q102 2551 130000 SH DEFINED 011619 130000
STILLWATER MINING CO COM 86074Q102 1099 56000 SH DEFINED 01 56000
STILLWATER MINING COM 86074Q904 8831 450000 SH DEFINED 0135 450000
STONE CONTAINER COM 861589109 160 14381 SH DEFINED 0103 14381
STORAGE USA COM 861907103 7375 200000 SH DEFINED 0106 200000
STORAGE USA COM 861907103 3872 105000 SH DEFINED 0107 105000
STORAGE TRUST REALTY COM 861909109 4120 160000 SH DEFINED 0107 160000
STORAGE DIMENSIONS COM 86210Y100 1275 200000 SH DEFINED 011619 200000
STRATEGIST GRWTH COM 86278W103 54 1966 SH DEFINED 01 1966
STRATEGIST GRTH TRND COM 86278W202 57 2637 SH DEFINED 01 2637
STRATEGIST SPEC GROW COM 86278W301 7413 1333260 SH DEFINED 01 1333260
STRATEGIST HIGH YLD COM 86278X101 543 124053 SH DEFINED 01 124053
STRATEGIST GVT INC COM 86278X200 526 107884 SH DEFINED 01 107884
STRATEGIST QLTY INC COM 86278X309 529 58506 SH DEFINED 01 58506
STRATEGIST EQTY INC COM 862788106 587 60036 SH DEFINED 01 60036
STRATEGIST TOTAL RET COM 862788205 561 43334 SH DEFINED 01 43334
STRATEGIST BAL FND COM 862788304 571 39030 SH DEFINED 01 39030
STRATEGIST EQTY FND COM 862788403 580 23787 SH DEFINED 01 23787
STRATEGIST TAX FREE COM 862789104 530 118812 SH DEFINED 01 118812
STRATEGIST WORLD INC COM 862790102 528 86765 SH DEFINED 01 86765
STRATEGIST WLD GRTH COM 862790201 503 68854 SH DEFINED 01 68854
STRATEGIST EMERG MKT COM 862790300 566 100287 SH DEFINED 01 100287
STRATEGIST WORLD TEC COM 862790409 402 100000 SH DEFINED 01 100000
STRIDE RITE CORP COM 863314100 109 7250 SH DEFINED 0103 7250
STRUCTURAL DYNAMICS COM 863555108 2760 133000 SH DEFINED 011619 133000
STRUCTURAL DYNAMICS COM 863555108 10666 514000 SH DEFINED 011614 514000
<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
STRUCTURAL DYNAMICS COM 863555108 9077 437400 SH DEFINED 0102 437400
STRUCTURAL DYNAMICS COM 863555108 148 7150 SH DEFINED 0103 7150
SUN COMMUNITIES INC COM 866674104 5760 180000 SH DEFINED 0128 180000
SUN COMMUNITIES INC COM 866674104 7200 225000 SH DEFINED 0106 225000
SUN COMMUNITIES INC COM 866674104 4480 140000 SH DEFINED 0107 140000
SUN COM 866762107 275 10543 SH DEFINED 0103 10543
SUN MICROSYSTEMS INC COM 866810104 1540 53333 SH DEFINED 0103 53333
SUN AMERICA COM 866930100 4349 115600 SH DEFINED 011619 115600
SUN AMERICA COM 866930100 17390 462200 SH DEFINED 011614 462200
SUN AM CVT PFD PERC CONV PFD STOCK 866930860 19750 500000 SH DEFINED 0130 500000
SUN AM CVT PFD PERC CONV PFD STOCK 866930860 13233 335000 SH DEFINED 0107 335000
SUNBEAM-OSTER INC COM 867071102 2258 75250 SH DEFINED 0103 75250
SUNDSTRAND CORP COM 867323107 5509 127000 SH DEFINED 01 127000
SUNQUEST IND COM 867654105 105 10800 SH DEFINED 0102 10800
SUNRISE MEDICAL COM 867910101 3652 280887 SH DEFINED 0103 280887
SUNTRUST BANKS INC COM 867914103 1499 32328 SH DEFINED 0103 32328
SUPERVALU INC COM 868536103 291 9777 SH DEFINED 0103 9777
SWIFT ENERGY CO COM 870738101 634 26800 SH DEFINED 0102 26800
SYBRON CORP COM 87114F106 7631 275000 SH DEFINED 0108 275000
SYBRON CORP COM 87114F106 18731 675000 SH DEFINED 0106 675000
SYBRON CORP COM 87114F106 33584 1210275 SH DEFINED 0102 1210275
SYBRON CORP COM 87114F106 5200 187400 SH DEFINED 0131 187400
SYBRON CORP COM 87114F106 4889 176173 SH DEFINED 0103 176173
SYBRON CORP COM 87114F106 944 34000 SH DEFINED 01 34000
SYKES ENTERPRISES COM 871237103 8156 250000 SH DEFINED 0106 250000
SYNOPSYS INC COM 871607107 12506 500040 SH DEFINED 0102 500040
SYNOPSYS INC COM 871607107 5308 212300 SH DEFINED 0131 212300
SYNOPSYS INC COM 871607107 367 14660 SH DEFINED 0103 14660
SYSCO CORPORATION COM 871829107 73 2131 SH DEFINED 0102 2131
SYSCO CORPORATION COM 871829107 886 25975 SH DEFINED 0103 25975
TCF FINL CORP MPLS COM 872275102 7133 180000 SH DEFINED 0128 180000
TCF FINL CORP MPLS COM 872275102 17831 450000 SH DEFINED 0106 450000
TCF FINL CORP MPLS COM 872275102 2071 52262 SH DEFINED 0102 52262
TCF FINL CORP MPLS COM 872275102 436 11000 SH DEFINED 01 11000
TECO ENERGY COM 872375100 12600 525000 SH DEFINED 0132 525000
TIG HOLDINGS COM 872469101 9525 300000 SH DEFINED 0108 300000
TIG HOLDINGS COM 872469101 10319 325000 SH DEFINED 011618 325000
TIG HOLDINGS COM 872469101 103819 3269867 SH DEFINED 0102 3269867
TIG HOLDINGS COM 872469101 425 13400 SH DEFINED 0103 13400
TJX COS COM 872540109 481 11263 SH DEFINED 0103 11263
TRW COM 872649108 27966 540402 SH DEFINED 0103 540402
TRW COM 872649108 5615 108500 SH DEFINED 01 108500
TSL HOLDINGS INC COM 872918107 0 15 SH DEFINED 0102 15
TVX GOLD INC COM 87308K101 3504 500000 SH DEFINED 0127 500000
TANDEM COMPUTERS COM 875370108 203 17107 SH DEFINED 0103 17107
TANDY CORP COM 875382103 426 8506 SH DEFINED 0103 8506
TARGET THERAPEUTICS COM 875919102 14108 214600 SH DEFINED 0102 214600
TARGET THERAPEUTICS COM 875919102 5339 81200 SH DEFINED 0131 81200
TARGET THERAPEUTICS COM 875919102 397 6050 SH DEFINED 0103 6050
TATA ENGINEERING NEW COM 876568304 6363 500000 SH DEFINED 0135 500000
<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
TECH DATA CORP COM 878237106 21109 875000 SH DEFINED 0106 875000
TECNOL MEDICAL PRODU COM 878755107 4725 300000 SH DEFINED 0128 300000
TEKTRONIX COM 879131100 240 4759 SH DEFINED 0103 4759
TELE COMMUN INTL INC CONV BOND 87924HAA0 3574 4750000 PRN DEFINED 0135 4750000
TELE-COMMUNICATION A COM 87924V101 1156 96373 SH DEFINED 0103 96373
TELE DANMARK ADS COM 879242105 27431 1050000 SH DEFINED 0113 1050000
TELE DANMARK ADS COM 879242105 20900 800000 SH DEFINED 0131 800000
TELE DANMARK ADS COM 879242105 862 33000 SH DEFINED 0103 33000
TELE DANMARK ADS COM 879242105 974 37285 SH DEFINED 01 37285
TELECOM ARGENTINA - COM 879273209 7590 165000 SH DEFINED 0135 165000
TELEBRAS ADR COM 879287100 7115 69500 SH DEFINED 0108 69500
TELEBRAS ADR COM 879287100 15356 150000 SH DEFINED 0132 150000
TELEBRAS ADR COM 879287100 3378 33000 SH DEFINED 0124 33000
TELEBRAS ADR COM 879287100 6654 65000 SH DEFINED 0112 65000
TELEBRAS ADR COM 879287100 16636 162500 SH DEFINED 0135 162500
TELEBRAS ADR COM 879287100 15356 150000 SH DEFINED 011618 150000
TELEBRAS ADR COM 879287100 5477 53500 SH DEFINED 011620 53500
TELEBRAS ADR COM 879287100 9726 95000 SH DEFINED 011617 95000
TELEFONICA DE ARGENT COM 879378206 4700 160000 SH DEFINED 0135 160000
TELEFONICA DE ESPANA COM 879382208 8969 125000 SH DEFINED 0132 125000
TELEFONICA DE ESPANA COM 879382208 14350 200000 SH DEFINED 0135 200000
TELEFONICA DEL PERU COM 879384105 3415 153500 SH DEFINED 0135 153500
TELEFONOS DE MEXICO COM 879403780 38500 1000000 SH DEFINED 0130 1000000
TELEFONOS DE MEXICO COM 879403780 5390 140000 SH DEFINED 0135 140000
TELLABS COM 879664100 72250 2000000 SH DEFINED 0126 2000000
TELLABS COM 879664100 86700 2400000 SH DEFINED 0111 2400000
TELLABS COM 879664100 1806 50000 SH DEFINED 0124 50000
TELLABS COM 879664100 1474 40800 SH DEFINED 0125 40800
TELLABS COM 879664100 10838 300000 SH DEFINED 011622 300000
TELLABS COM 879664100 21675 600000 SH DEFINED 011623 600000
TELLABS COM 879664100 61695 1707810 SH DEFINED 0102 1707810
TELLABS COM 879664100 20143 557600 SH DEFINED 0131 557600
TELLABS COM 879664100 2823 78169 SH DEFINED 0103 78169
TEMPLE INLAND COM 879868107 422 8038 SH DEFINED 0103 8038
TEMPLETON FOREIGN COM 880196209 5096 475458 SH DEFINED 0103 475458
TENCOR INSTRUMENTS COM 880323100 8128 225000 SH DEFINED 0106 225000
TENCOR INSTRUMENTS COM 880323100 3432 95000 SH DEFINED 0135 95000
TENCOR INSTRUMENTS COM 880323100 14450 400000 SH DEFINED 011618 400000
TENCOR INSTRUMENTS COM 880323100 1734 48000 SH DEFINED 011619 48000
TENCOR INSTRUMENTS COM 880323100 6719 186000 SH DEFINED 011614 186000
TENCOR INSTRUMENTS COM 880323100 4113 113800 SH DEFINED 0102 113800
TENCOR INSTRUMENTS COM 880323100 2713 75100 SH DEFINED 0131 75100
TENCOR INSTRUMENTS COM 880323100 206 5700 SH DEFINED 0103 5700
TENCOR INSTRUMENTS COM 880323100 2312 64000 SH DEFINED 01 64000
TENET HEALTHCARE COR COM 88033G100 17238 700000 SH DEFINED 0130 700000
TENET HEALTHCARE COR COM 88033G100 12313 500000 SH DEFINED 0108 500000
TENET HEALTHCARE COR COM 88033G100 7388 300000 SH DEFINED 0124 300000
TENET HEALTHCARE COR COM 88033G100 4730 192100 SH DEFINED 0125 192100
TENET HEALTHCARE COR COM 88033G100 49250 2000000 SH DEFINED 011516 2000000
TENET HEALTHCARE COR COM 88033G100 3620 147000 SH DEFINED 011619 147000
<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
TENET HEALTHCARE COR COM 88033G100 2955 120000 SH DEFINED 011620 120000
TENET HEALTHCARE COR COM 88033G100 14307 581000 SH DEFINED 011614 581000
TENET HEALTHCARE COR COM 88033G100 57939 2352769 SH DEFINED 0102 2352769
TENET HEALTHCARE COR COM 88033G100 2075 84261 SH DEFINED 0103 84261
TENET HEALTHCARE COR COM 88033G100 4481 182000 SH DEFINED 01 182000
TENNECO INC COM 88037E101 968 24826 SH DEFINED 0103 24826
TERADYNE INC COM 880770102 43313 1500000 SH DEFINED 011516 1500000
TERADYNE INC COM 880770102 1559 54000 SH DEFINED 011619 54000
TERADYNE INC COM 880770102 5891 204000 SH DEFINED 011614 204000
TEXACO COM 881694103 19798 180800 SH DEFINED 0107 180800
TEXACO COM 881694103 4208 38426 SH DEFINED 0103 38426
TEXAS INSTRUMENTS COM 882508104 22463 300000 SH DEFINED 0111 300000
TEXAS INSTRUMENTS COM 882508104 2065 27576 SH DEFINED 0103 27576
TEXAS UTILITIES COM 882848104 1118 32631 SH DEFINED 0103 32631
TEXAS UTILITIES PREFERRED STOCK 882850431 5319 54000 SH DEFINED 0105 54000
TEXAS UTIL $100 PAR PREFERRED STOCK 882850464 5460 50000 SH DEFINED 0105 50000
TEXTRON INC COM 883203101 1256 11960 SH DEFINED 0103 11960
TEXTRON INC COM 883203101 5303 50500 SH DEFINED 01 50500
THERMO ELECTRON CVT CONV BOND 883556AF9 1672 1600000 PRN DEFINED 011619 1600000
THERMO ELECTRON CVT CONV BOND 883556AF9 7838 7500000 PRN DEFINED 011614 7500000
THERMO-ELECTRON COM 883556102 8182 265000 SH DEFINED 0108 265000
THERMO-ELECTRON COM 883556102 668 21650 SH DEFINED 0103 21650
THIOKOL CORP COM 884103102 9945 180000 SH DEFINED 0108 180000
THOMAS & BETTS COM 884315102 255 5974 SH DEFINED 0124 5974
THOMAS & BETTS COM 884315102 714 16700 SH DEFINED 0125 16700
THOMAS & BETTS COM 884315102 24368 570000 SH DEFINED 0107 570000
THOMAS & BETTS COM 884315102 32063 750000 SH DEFINED 011516 750000
THOMAS & BETTS COM 884315102 4 100 SH DEFINED 0102 100
THOMAS & BETTS COM 884315102 23513 550000 SH DEFINED 0131 550000
THOMAS & BETTS COM 884315102 1400 32735 SH DEFINED 0103 32735
THOMAS & BETTS COM 884315102 3420 80000 SH DEFINED 01 80000
3 COM CORP COM 885535104 5610 171300 SH DEFINED 0124 171300
3 COM CORP COM 885535104 13100 400000 SH DEFINED 011618 400000
3 COM CORP COM 885535104 123732 3778032 SH DEFINED 0102 3778032
3 COM CORP COM 885535104 2124 64855 SH DEFINED 0103 64855
3 COM CORP COM 885535104 5044 154000 SH DEFINED 01 154000
TIME WARNER INC COM 887315109 25950 600000 SH DEFINED 011618 600000
TIME WARNER INC COM 887315109 3567 82471 SH DEFINED 0103 82471
TIME WARNER INC COM 887315109 747 17270 SH DEFINED 01 17270
TIMES MIRROR CL A COM 887364107 782 14308 SH DEFINED 0103 14308
TIMKEN CO. COM 887389104 172526 3224792 SH DEFINED 0103 3224792
TITANIUM METAL COM 888339108 7613 300000 SH DEFINED 0106 300000
TOOTSIE ROLL INDS COM 890516107 0 0 SH DEFINED 011516
TORCHMARK CORP COM 891027104 567 10241 SH DEFINED 0103 10241
TOSCO CORP COM 891490302 14963 525000 SH DEFINED 0108 525000
TOSCO CORP COM 891490302 28500 1000000 SH DEFINED 011516 1000000
TOSCO CORP COM 891490302 3164 111000 SH DEFINED 011619 111000
TOSCO CORP COM 891490302 14043 492750 SH DEFINED 011614 492750
TOSCO CORP COM 891490302 276 9684 SH DEFINED 0102 9684
TOSCO CORP COM 891490302 385 13500 SH DEFINED 01 13500
<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
TOTAL COM 89151E109 29663 700000 SH DEFINED 0130 700000
TOTAL COM 89151E109 33900 800000 SH DEFINED 011618 800000
TOWER AUTO COM 891707101 8775 225000 SH DEFINED 0128 225000
TOYOTA ADR COM 892331307 1263 25000 SH DEFINED 0110 25000
TOYS R US COM 892335100 15252 544726 SH DEFINED 0103 544726
TRANSACTION NETWORK COM 893414102 8816 775000 SH DEFINED 0106 775000
TRANSAMERICA CORP COM 893485102 22375 250000 SH DEFINED 0113 250000
TRANSAMERICA CORP COM 893485102 24613 275000 SH DEFINED 0131 275000
TRANSAMERICA CORP COM 893485102 2029 22660 SH DEFINED 0103 22660
TRANSCRYPT INTL COM 89363A101 1595 220000 SH DEFINED 011614 220000
TRANSITIONAL HOSPITA COM 893719104 1 85 SH DEFINED 0102 85
TRANSOCEAN OFFSHORE COM 893817106 6454 115000 SH DEFINED 0108 115000
TRANSOCEAN OFFSHORE COM 893817106 28063 500000 SH DEFINED 011516 500000
TRANSOCEAN OFFSHORE COM 893817106 11225 200000 SH DEFINED 011618 200000
TRANSOCEAN OFFSHORE COM 893817106 2806 50000 SH DEFINED 011620 50000
TRANSPORT DE GAS COM 893870204 5150 400000 SH DEFINED 0132 400000
TRANSDIGM WARRANTS WARRANT 893900993 1097 3989 SH DEFINED 0104 3989
TRANSDIGM WARRANTS WARRANT 893900993 3079 11194 SH DEFINED 0109 11194
TRAVEL/AETNA PROP COM 893939108 31750 1000000 SH DEFINED 0130 1000000
TRAVEL/AETNA PROP COM 893939108 26988 850000 SH DEFINED 011618 850000
TRAVEL/AETNA PROP COM 893939108 2286 72000 SH DEFINED 011620 72000
TRAVEL/AETNA PROP COM 893939108 74360 2342144 SH DEFINED 0102 2342144
TRAVEL/AETNA PROP COM 893939108 8026 252800 SH DEFINED 0131 252800
TRAVEL/AETNA PROP COM 893939108 872 27450 SH DEFINED 0103 27450
TRAVEL/AETNA PROP COM 893939108 5683 179000 SH DEFINED 01 179000
TRAVELERS INC NEW COM 894190107 86175 1800000 SH DEFINED 0126 1800000
TRAVELERS INC NEW COM 894190107 95750 2000000 SH DEFINED 0111 2000000
TRAVELERS INC NEW COM 894190107 7852 164000 SH DEFINED 0124 164000
TRAVELERS INC NEW COM 894190107 7465 155933 SH DEFINED 0125 155933
TRAVELERS INC NEW COM 894190107 7181 150000 SH DEFINED 011622 150000
TRAVELERS INC NEW COM 894190107 14363 300000 SH DEFINED 011623 300000
TRAVELERS INC NEW COM 894190107 47875 1000000 SH DEFINED 011516 1000000
TRAVELERS INC NEW COM 894190107 49072 1025000 SH DEFINED 011618 1025000
TRAVELERS INC NEW COM 894190107 3256 68000 SH DEFINED 011620 68000
TRAVELERS INC NEW COM 894190107 42529 888273 SH DEFINED 0102 888273
TRAVELERS INC NEW COM 894190107 7039 147036 SH DEFINED 0103 147036
TRAVELERS INC NEW COM 894190107 9311 194489 SH DEFINED 01 194489
TRIANGLE WIRE & CABL COM 895929107 211 211111 SH DEFINED 0104 211111
TRIANGLE WIRE & CABL COM 895929107 549 548889 SH DEFINED 0109 548889
TRIANGLE WIRE & CABL COM 895929107 84 84444 SH DEFINED 011621 84444
TRIDENT INTL COM 895934107 1975 100000 SH DEFINED 011619 100000
TRIBUNE CO COM 896047107 723 17850 SH DEFINED 0103 17850
TRINOVA CORP COM 896678109 137 4075 SH DEFINED 0103 4075
TRUSTED INFO SYSTEMS COM 897908109 2600 200000 SH DEFINED 011619 200000
TUPPERWARE CORP COM 899896104 303 9049 SH DEFINED 0103 9049
TULTEX CORP COM 899900104 269 34648 SH DEFINED 0102 34648
TYCO INTERNATIONAL COM 902120104 20900 380000 SH DEFINED 0108 380000
TYCO INTERNATIONAL COM 902120104 110000 2000000 SH DEFINED 0126 2000000
TYCO INTERNATIONAL COM 902120104 55000 1000000 SH DEFINED 0111 1000000
TYCO INTERNATIONAL COM 902120104 15351 279100 SH DEFINED 0124 279100
<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
TYCO INTERNATIONAL COM 902120104 12480 226900 SH DEFINED 0125 226900
TYCO INTERNATIONAL COM 902120104 4950 90000 SH DEFINED 011622 90000
TYCO INTERNATIONAL COM 902120104 11000 200000 SH DEFINED 011623 200000
TYCO INTERNATIONAL COM 902120104 60500 1100000 SH DEFINED 011516 1100000
TYCO INTERNATIONAL COM 902120104 28875 525000 SH DEFINED 011618 525000
TYCO INTERNATIONAL COM 902120104 7700 140000 SH DEFINED 011619 140000
TYCO INTERNATIONAL COM 902120104 4857 88300 SH DEFINED 011620 88300
TYCO INTERNATIONAL COM 902120104 33000 600000 SH DEFINED 011614 600000
TYCO INTERNATIONAL COM 902120104 40081 728543 SH DEFINED 0102 728543
TYCO INTERNATIONAL COM 902120104 12568 228500 SH DEFINED 0131 228500
TYCO INTERNATIONAL COM 902120104 3272 59487 SH DEFINED 0103 59487
TYCO INTERNATIONAL COM 902120104 6215 113000 SH DEFINED 01 113000
TYSON FOODS INC -CL COM 902494103 595 30742 SH DEFINED 0102 30742
TYSON FOODS INC -CL COM 902494103 654 33750 SH DEFINED 01 33750
UCAR INTERNATIONAL COM 90262K109 31700 800000 SH DEFINED 0130 800000
UCAR INTERNATIONAL COM 90262K109 7925 200000 SH DEFINED 0108 200000
UCAR INTERNATIONAL COM 90262K109 6934 175000 SH DEFINED 0106 175000
UCAR INTERNATIONAL COM 90262K109 12878 325000 SH DEFINED 0135 325000
UCAR INTERNATIONAL COM 90262K109 3606 91000 SH DEFINED 011620 91000
UCAR INTERNATIONAL COM 90262K109 24224 611310 SH DEFINED 0102 611310
UCAR INTERNATIONAL COM 90262K109 4458 112500 SH DEFINED 01 112500
USX MARATHON GROUP COM 902905827 1162 41679 SH DEFINED 0103 41679
UST INC COM 902911106 27875 1000000 SH DEFINED 0113 1000000
UST INC COM 902911106 19513 700000 SH DEFINED 0131 700000
UST INC COM 902911106 1562 56048 SH DEFINED 0103 56048
UST INC COM 902911106 5820 208800 SH DEFINED 01 208800
USA WASTE SERVICES I COM 902917103 10650 300000 SH DEFINED 0108 300000
USA WASTE SERVICES I COM 902917103 71000 2000000 SH DEFINED 0126 2000000
USA WASTE SERVICES I COM 902917103 70113 1975000 SH DEFINED 0111 1975000
USA WASTE SERVICES I COM 902917103 7100 200000 SH DEFINED 011622 200000
USA WASTE SERVICES I COM 902917103 13490 380000 SH DEFINED 011623 380000
USA WASTE SERVICES I COM 902917103 60350 1700000 SH DEFINED 011516 1700000
USA WASTE SERVICES I COM 902917103 2663 75000 SH DEFINED 011619 75000
USA WASTE SERVICES I COM 902917103 3550 100000 SH DEFINED 011620 100000
USA WASTE SERVICES I COM 902917103 10650 300000 SH DEFINED 011614 300000
USA WASTE SERVICES I COM 902917103 57713 1625745 SH DEFINED 0102 1625745
USA WASTE SERVICES I COM 902917103 25090 706750 SH DEFINED 0131 706750
USA WASTE SERVICES I COM 902917103 2181 61440 SH DEFINED 0103 61440
USA WASTE SERVICES I COM 902917103 4562 128500 SH DEFINED 01 128500
US RENTALS INC COM 902966100 725 40000 SH DEFINED 011619 40000
US RENTALS INC COM 902966100 2719 150000 SH DEFINED 011614 150000
UNUM CORP COM 903192102 10760 147400 SH DEFINED 0108 147400
UNUM CORP COM 903192102 58707 804200 SH DEFINED 0126 804200
UNUM CORP COM 903192102 10760 147400 SH DEFINED 0125 147400
UNUM CORP COM 903192102 7 100 SH DEFINED 011618 100
UNUM CORP COM 903192102 2555 35000 SH DEFINED 011619 35000
UNUM CORP COM 903192102 3285 45000 SH DEFINED 011620 45000
UNUM CORP COM 903192102 10585 145000 SH DEFINED 011614 145000
UNUM CORP COM 903192102 366009 5013762 SH DEFINED 0102 5013762
UNUM CORP COM 903192102 19206 263100 SH DEFINED 0131 263100
<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
UNUM CORP COM 903192102 5239 71764 SH DEFINED 0103 71764
UNUM CORP COM 903192102 15367 210500 SH DEFINED 01 210500
URS CORP COM 903236107 1864 186378 SH DEFINED 0103 186378
U S F & G CORP COM 903290104 361 16793 SH DEFINED 0103 16793
USX-US STEEL GROUP COM 90337T101 327 12273 SH DEFINED 0103 12273
US ROBOTICS COM 90338F100 6459 116633 SH DEFINED 0103 116633
ULTRAMAR DIAMOND SHA COM 904000106 29369 925000 SH DEFINED 0113 925000
ULTRAMAR DIAMOND SHA COM 904000106 794 25000 SH DEFINED 0103 25000
UNIFI, INC. COM 904677101 8388 275000 SH DEFINED 0108 275000
UNIFI, INC. COM 904677101 3050 100000 SH DEFINED 011620 100000
UNIFI, INC. COM 904677101 3797 124500 SH DEFINED 01 124500
UNILEVER NV NY SHRS COM 904784501 37250 200000 SH DEFINED 0130 200000
UNILEVER NV NY SHRS COM 904784501 4331 23255 SH DEFINED 0103 23255
UNICOM CORP COM 904911104 1710 87700 SH DEFINED 0113 87700
UNICOM CORP COM 904911104 610 31300 SH DEFINED 0103 31300
UNION CAMP CORP COM 905530101 28275 600000 SH DEFINED 0113 600000
UNION CAMP CORP COM 905530101 462 9800 SH DEFINED 0125 9800
UNION CAMP CORP COM 905530101 17908 380000 SH DEFINED 0107 380000
UNION CAMP CORP COM 905530101 22384 475000 SH DEFINED 0131 475000
UNION CAMP CORP COM 905530101 1553 32937 SH DEFINED 0103 32937
UNION CARBIDE CORP COM 905581104 818 18497 SH DEFINED 0103 18497
UNION ELECTRIC COM 906548102 13828 375000 SH DEFINED 0113 375000
UNION ELECTRIC COM 906548102 11063 300000 SH DEFINED 0131 300000
UNION ELECTRIC COM 906548102 1061 28783 SH DEFINED 0103 28783
UNION PACIFIC CORP COM 907818108 19863 350000 SH DEFINED 0130 350000
UNION PACIFIC CORP COM 907818108 29794 525000 SH DEFINED 0113 525000
UNION PACIFIC CORP COM 907818108 28375 500000 SH DEFINED 011516 500000
UNION PACIFIC CORP COM 907818108 14188 250000 SH DEFINED 011618 250000
UNION PACIFIC CORP COM 907818108 77 1350 SH DEFINED 0102 1350
UNION PACIFIC CORP COM 907818108 21281 375000 SH DEFINED 0131 375000
UNION PACIFIC CORP COM 907818108 3039 53536 SH DEFINED 0103 53536
UNION PACIFIC CORP COM 907818108 5930 104500 SH DEFINED 01 104500
UP RESOURSE COM 907834105 969 36220 SH DEFINED 0103 36220
UNISOURCE COM 909208100 11531 750000 SH DEFINED 0113 750000
UNISOURCE COM 909208100 4613 300000 SH DEFINED 0135 300000
UNISOURCE COM 909208100 18450 1200000 SH DEFINED 0107 1200000
UNISOURCE COM 909208100 45064 2931486 SH DEFINED 0102 2931486
UNISOURCE COM 909208100 813 52925 SH DEFINED 0103 52925
UNISOURCE COM 909208100 446 29000 SH DEFINED 01 29000
UNISYS CORP COM 909214108 162 25390 SH DEFINED 0103 25390
UTD DOMINION IND LTD COM 909914103 4213 172843 SH DEFINED 0103 172843
UNITED DOMINION REAL COM 910197102 15356 1050000 SH DEFINED 0113 1050000
UNITED DOMINION REAL COM 910197102 9141 625000 SH DEFINED 0131 625000
UNITED DOMINION REAL COM 910197102 410 28000 SH DEFINED 0103 28000
UNITED HEALTHCARE COM 910581107 5348 112300 SH DEFINED 0124 112300
UNITED HEALTHCARE COM 910581107 4258 89400 SH DEFINED 0125 89400
UNITED HEALTHCARE COM 910581107 35719 750000 SH DEFINED 011618 750000
UNITED HEALTHCARE COM 910581107 128279 2693417 SH DEFINED 0102 2693417
UNITED HEALTHCARE COM 910581107 2253 47294 SH DEFINED 0103 47294
UNITED HEALTHCARE COM 910581107 5167 108500 SH DEFINED 01 108500
<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
UNITED MERIDIAN CORP COM 910865104 1958 65000 SH DEFINED 0128 65000
UNITED MERIDIAN CORP COM 910865104 7531 250000 SH DEFINED 0106 250000
UNITED MERIDIAN CORP COM 910865104 358 11850 SH DEFINED 0102 11850
UNITED MERIDIAN CORP COM 910865104 10631 352900 SH DEFINED 0131 352900
UNITED MERIDIAN CORP COM 910865104 515 17100 SH DEFINED 0103 17100
U.S. BANCORP COM 911596104 1172 21907 SH DEFINED 0103 21907
U S FILTER CORP COM 911843209 21483 695850 SH DEFINED 0102 695850
U S FILTER CORP COM 911843209 11070 358550 SH DEFINED 0131 358550
U S FILTER CORP COM 911843209 883 28600 SH DEFINED 0103 28600
US AIR GROUP INC. COM 911905107 227 9282 SH DEFINED 0103 9282
US LONG DISTANCE COM 911912202 1015 87300 SH DEFINED 011619 87300
US LONG DISTANCE COM 911912202 3810 327700 SH DEFINED 011614 327700
U. S. SURGICAL CORP COM 912707106 277 9084 SH DEFINED 0103 9084
U S WEST COM 912889102 27200 800000 SH DEFINED 0130 800000
U S WEST COM 912889102 10200 300000 SH DEFINED 0132 300000
U S WEST COM 912889102 2357 69326 SH DEFINED 0103 69326
US WEST MEDIA COM 912889201 1688 90637 SH DEFINED 0103 90637
UNITED TECHNOLOGIES COM 913017109 8278 110000 SH DEFINED 0108 110000
UNITED TECHNOLOGIES COM 913017109 150500 2000000 SH DEFINED 0126 2000000
UNITED TECHNOLOGIES COM 913017109 1505 20000 SH DEFINED 0124 20000
UNITED TECHNOLOGIES COM 913017109 1023 13600 SH DEFINED 0125 13600
UNITED TECHNOLOGIES COM 913017109 36120 480000 SH DEFINED 011618 480000
UNITED TECHNOLOGIES COM 913017109 1926 25600 SH DEFINED 011620 25600
UNITED TECHNOLOGIES COM 913017109 121 1600 SH DEFINED 0102 1600
UNITED TECHNOLOGIES COM 913017109 2624 34874 SH DEFINED 0103 34874
UNITED TECHNOLOGIES COM 913017109 6272 83350 SH DEFINED 01 83350
UNITED WASTE 144ACVT CONV BOND 913174AB4 12850 10000000 PRN DEFINED 0106 10000000
UNITED WASTE SYS INC COM 913174108 4656 125000 SH DEFINED 0106 125000
UNITED WASTE SYS INC COM 913174108 3092 83000 SH DEFINED 011619 83000
UNITED WASTE SYS INC COM 913174108 14341 385000 SH DEFINED 011614 385000
UNITED WASTE SYS INC COM 913174108 36951 992021 SH DEFINED 0102 992021
UNITED WASTE SYS INC COM 913174108 13432 360600 SH DEFINED 0131 360600
UNITED WASTE SYS INC COM 913174108 1160 31140 SH DEFINED 0103 31140
UNITED WASTE SYS INC COM 913174108 1006 27000 SH DEFINED 01 27000
UNITED WISCONSIN SVC COM 913236105 4890 189900 SH DEFINED 0103 189900
UNIVERSAL OUTDOOR COM 91377M105 2610 90000 SH DEFINED 0106 90000
UNIVISION COM 914906102 6639 203500 SH DEFINED 0106 203500
UNOCAL CORP COM 915289102 26688 700000 SH DEFINED 0130 700000
UNOCAL CORP COM 915289102 53375 1400000 SH DEFINED 0126 1400000
UNOCAL CORP COM 915289102 5719 150000 SH DEFINED 0132 150000
UNOCAL CORP COM 915289102 15631 410000 SH DEFINED 0124 410000
UNOCAL CORP COM 915289102 13344 350000 SH DEFINED 0125 350000
UNOCAL CORP COM 915289102 6672 175000 SH DEFINED 0135 175000
UNOCAL CORP COM 915289102 38125 1000000 SH DEFINED 011516 1000000
UNOCAL CORP COM 915289102 71222 1868154 SH DEFINED 0102 1868154
UNOCAL CORP COM 915289102 3318 87035 SH DEFINED 0103 87035
UNOCAL CORP COM 915289102 2917 76500 SH DEFINED 01 76500
URBAN SHOPPING CTRS COM 917060105 14172 472400 SH DEFINED 0131 472400
USLIFE CORP COM 917318107 41687 891707 SH DEFINED 0103 891707
VDI MEDIA COM 917916108 1719 250000 SH DEFINED 011619 250000
<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
V. F. CORP COM 918204108 113 1700 SH DEFINED 0102 1700
V. F. CORP COM 918204108 618 9239 SH DEFINED 0103 9239
VLSI TECHNOLOGY INC COM 918270109 639 36952 SH DEFINED 0102 36952
VLSI TECHNOLOGY INC COM 918270109 537 31000 SH DEFINED 01 31000
VAALREEFS EXP & MNG COM 918506403 606 100000 SH DEFINED 0127 100000
VAIL RESORTS INC COM 91879Q109 2106 108000 SH DEFINED 0128 108000
STAR PORTFOLIO COM 921909107 2 121 SH DEFINED 01 121
VANTIVE COM 922091103 2050 100000 SH DEFINED 0106 100000
VAUGHN BASSETT FURN COM 922272117 36 1188 SH DEFINED 0102 1188
VEECO COM 922417100 1681 57200 SH DEFINED 0102 57200
VESSEL CHARTERS INC COM 925400996 0 25000 SH DEFINED 0102 25000
VIASOFT COM 92552U102 2275 70000 SH DEFINED 0106 70000
VIACOM INC WTS C '97 WARRANT 925524126 5 350000 SH DEFINED 011516 350000
VIACOM INC CL B COM 925524308 1701 51339 SH DEFINED 0103 51339
VIRGINIA-AMER WTR CO PREFERRED STOCK 927990200 197 2200 SH DEFINED 0113 2200
VISHAY INTRTECHNOLOG COM 928298108 13939 630000 SH DEFINED 0111 630000
VISHAY INTRTECHNOLOG COM 928298108 558 25165 SH DEFINED 0102 25165
VITESSE CORP COM 928497106 989 35800 SH DEFINED 011619 35800
VITESSE CORP COM 928497106 4359 157800 SH DEFINED 011614 157800
VITESSE CORP COM 928497106 849 30750 SH DEFINED 0102 30750
VIVID TECHNOLOGIES COM 928538107 2000 125000 SH DEFINED 011619 125000
VIVRA COM 92855M104 2700 100000 SH DEFINED 011622 100000
VIVRA COM 92855M104 5400 200000 SH DEFINED 011623 200000
VIVRA COM 92855M104 103 3800 SH DEFINED 0102 3800
VIVRA COM 92855M104 2927 108400 SH DEFINED 0131 108400
VIVRA COM 92855M104 149 5500 SH DEFINED 0103 5500
VONS COMPANIES INC COM 928869106 4209 65000 SH DEFINED 011619 65000
VONS COMPANIES INC COM 928869106 14245 220000 SH DEFINED 011614 220000
VONS COMPANIES INC COM 928869106 686 10590 SH DEFINED 0102 10590
WHX CORPORATION COM 929248102 1457 215822 SH DEFINED 0103 215822
WICOR INC COM 929253102 6800 200000 SH DEFINED 0132 200000
WMX TECHNOLOGIES INC COM 92929Q107 10952 357591 SH DEFINED 0102 357591
WMX TECHNOLOGIES INC COM 92929Q107 2155 70381 SH DEFINED 0103 70381
WPP GROUP PLC -ADR COM 929309300 7462 183120 SH DEFINED 0103 183120
WABAN INC COM 929394104 2164 77620 SH DEFINED 0103 77620
WABASH NATL COM 929566107 214 12300 SH DEFINED 0102 12300
WACHOVIA CORP COM 929771103 1306 23955 SH DEFINED 0103 23955
WAL MART STORES COM 931142103 27875 1000000 SH DEFINED 0130 1000000
WAL MART STORES COM 931142103 26947 966700 SH DEFINED 0124 966700
WAL MART STORES COM 931142103 21726 779400 SH DEFINED 0125 779400
WAL MART STORES COM 931142103 55750 2000000 SH DEFINED 011516 2000000
WAL MART STORES COM 931142103 13938 500000 SH DEFINED 011618 500000
WAL MART STORES COM 931142103 67614 2425495 SH DEFINED 0102 2425495
WAL MART STORES COM 931142103 12267 440064 SH DEFINED 0103 440064
WAL MART STORES COM 931142103 892 32000 SH DEFINED 01 32000
WALBRO CORP COM 931154108 3548 201288 SH DEFINED 0103 201288
WALGREEN CO. COM 931422109 3802 90800 SH DEFINED 011619 90800
WALGREEN CO. COM 931422109 15201 363000 SH DEFINED 011614 363000
WALGREEN CO. COM 931422109 766 18291 SH DEFINED 0102 18291
WALGREEN CO. COM 931422109 1497 35759 SH DEFINED 0103 35759
<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
WALLACE COMPUTER SVC COM 932270101 7453 225000 SH DEFINED 0106 225000
WARNACO COM 934390105 1190 40000 SH DEFINED 01 40000
WARNER LAMBERT CO COM 934488107 3405 39366 SH DEFINED 0103 39366
WASHINGTON MUT INC COM 939322103 12078 250000 SH DEFINED 0130 250000
WASHINGTON MUT INC COM 939322103 13528 280000 SH DEFINED 0108 280000
WASHINGTON MUT INC COM 939322103 57975 1200000 SH DEFINED 0111 1200000
WASHINGTON MUT INC COM 939322103 7730 160000 SH DEFINED 011622 160000
WASHINGTON MUT INC COM 939322103 14494 300000 SH DEFINED 011623 300000
WASHINGTON MUT INC COM 939322103 41066 850000 SH DEFINED 011516 850000
WASHINGTON MUT INC COM 939322103 28988 600000 SH DEFINED 011618 600000
WASHINGTON MUT INC COM 939322103 2575 53300 SH DEFINED 011619 53300
WASHINGTON MUT INC COM 939322103 3802 78700 SH DEFINED 011620 78700
WASHINGTON MUT INC COM 939322103 10965 226950 SH DEFINED 011614 226950
WASHINGTON MUT INC COM 939322103 56463 1168582 SH DEFINED 0102 1168582
WASHINGTON MUT INC COM 939322103 7648 158300 SH DEFINED 0131 158300
WASHINGTON MUT INC COM 939322103 951 19700 SH DEFINED 0103 19700
WASHINGTON MUT INC COM 939322103 14851 307400 SH DEFINED 01 307400
WATERS CORPORATION COM 941848103 8694 325000 SH DEFINED 0106 325000
WATSON PHARMACEUTICA COM 942683103 18769 525000 SH DEFINED 0106 525000
WATSON PHARMACEUTICA COM 942683103 13778 385400 SH DEFINED 011516 385400
WATSON PHARMACEUTICA COM 942683103 1956 54700 SH DEFINED 011619 54700
WATSON PHARMACEUTICA COM 942683103 7861 219900 SH DEFINED 011614 219900
WATSON PHARMACEUTICA COM 942683103 13818 386550 SH DEFINED 0102 386550
WATSON PHARMACEUTICA COM 942683103 3754 105000 SH DEFINED 0131 105000
WATSON PHARMACEUTICA COM 942683103 327 9150 SH DEFINED 0103 9150
WEBCRAFT TECH COM 947625992 0 32502 SH DEFINED 0104 32502
WEBCRAFT TECH COM 947625992 0 32502 SH DEFINED 0109 32502
WELLS FARGO & CO COM 949740104 3806 13395 SH DEFINED 0103 13395
WENDYS INTL INC COM 950590109 388 18795 SH DEFINED 0103 18795
WEST COMPANY COM 953348109 10116 372923 SH DEFINED 0103 372923
WESTERN AREA COM 957654205 355 35071 SH DEFINED 0127 35071
WESTERN ATLAS INC COM 957674104 471 7765 SH DEFINED 0103 7765
WESTERN DIGITAL COM 958102105 1812 32000 SH DEFINED 0102 32000
WESTERN RES COM 959425109 12000 400000 SH DEFINED 0131 400000
WESTERN RES COM 959425109 360 12000 SH DEFINED 0103 12000
WESTERN RESOURCE INC PREFERRED STOCK 959425406 586 10000 SH DEFINED 0113 10000
WESTERN RESOURCES PREFERRED STOCK 959425604 7936 76000 SH DEFINED 0105 76000
WESTERN RESOURCES PREFERRED STOCK 959425604 7309 70000 SH DEFINED 01 70000
WESTINGHOUSE ELEC COM 960402105 21300 1200000 SH DEFINED 0130 1200000
WESTINGHOUSE ELEC COM 960402105 8343 470000 SH DEFINED 0108 470000
WESTINGHOUSE ELEC COM 960402105 26625 1500000 SH DEFINED 0126 1500000
WESTINGHOUSE ELEC COM 960402105 2627 148000 SH DEFINED 0124 148000
WESTINGHOUSE ELEC COM 960402105 4090 230400 SH DEFINED 0125 230400
WESTINGHOUSE ELEC COM 960402105 7189 405000 SH DEFINED 0135 405000
WESTINGHOUSE ELEC COM 960402105 71000 4000000 SH DEFINED 011516 4000000
WESTINGHOUSE ELEC COM 960402105 12425 700000 SH DEFINED 011618 700000
WESTINGHOUSE ELEC COM 960402105 3106 175000 SH DEFINED 011620 175000
WESTINGHOUSE ELEC COM 960402105 701 39461 SH DEFINED 0102 39461
WESTINGHOUSE ELEC COM 960402105 8998 506926 SH DEFINED 0131 506926
WESTINGHOUSE ELEC COM 960402105 8020 451900 SH DEFINED 0103 451900
<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
WESTINGHOUSE ELEC COM 960402105 2130 120000 SH DEFINED 01 120000
WESTPOINT STEVENS IN COM 961238102 2570 67400 SH DEFINED 011619 67400
WESTPOINT STEVENS IN COM 961238102 9630 252600 SH DEFINED 011614 252600
WESTVACO CORP COM 961548104 370 14734 SH DEFINED 0103 14734
WEYERHAUESER COM 962166104 29006 650000 SH DEFINED 0113 650000
WEYERHAUESER COM 962166104 3084 69100 SH DEFINED 0124 69100
WEYERHAUESER COM 962166104 1874 42000 SH DEFINED 0125 42000
WEYERHAUESER COM 962166104 17850 400000 SH DEFINED 0107 400000
WEYERHAUESER COM 962166104 44 1000 SH DEFINED 0102 1000
WEYERHAUESER COM 962166104 22313 500000 SH DEFINED 0131 500000
WEYERHAUESER COM 962166104 2426 54358 SH DEFINED 0103 54358
WEYERHAUESER COM 962166104 4418 99000 SH DEFINED 01 99000
WHIRLPOOL CORP COM 963320106 514 10800 SH DEFINED 0103 10800
WHIRLPOOL FIN $100 B PREFERRED STOCK 963328208 17910 180000 SH DEFINED 0105 180000
WHITMAN CORP COM 96647K102 369 15073 SH DEFINED 0103 15073
WILLAMETTE IND INC COM 969133107 501 8014 SH DEFINED 0103 8014
WILLIAM COMPANIES COM 969457100 4450 100000 SH DEFINED 0132 100000
WILLIAM COMPANIES COM 969457100 1014 22790 SH DEFINED 0103 22790
WINN-DIXIE COM 974280109 723 21913 SH DEFINED 0103 21913
WINSTAR SR SUB DIS CONV BOND 975515AB3 6200 10000000 PRN DEFINED 0109 10000000
WINTHROP RES CORP COM 976396101 2975 100000 SH DEFINED 011619 100000
WINTHROP RES CORP COM 976396101 7735 260000 SH DEFINED 011614 260000
WIRELESS ONE COM 97652H109 88 25000 SH DEFINED 0109 25000
WIRELESS ONE WTS COM 97652H117 23 23250 SH DEFINED 0109 23250
WISCONSIN CENTRAL TR COM 976592105 52875 1500000 SH DEFINED 0111 1500000
WOLVERINE COM 978097103 10080 276200 SH DEFINED 0102 276200
WOLVERINE COM 978097103 168 4600 SH DEFINED 0103 4600
WOOLWORTH CORP COM 980883102 453 19397 SH DEFINED 0103 19397
WORLDCOM INC COM 98155K102 52800 2400000 SH DEFINED 0111 2400000
WORLDCOM INC COM 98155K102 4400 200000 SH DEFINED 0132 200000
WORLDCOM INC COM 98155K102 3080 140000 SH DEFINED 0124 140000
WORLDCOM INC COM 98155K102 4176 189800 SH DEFINED 0125 189800
WORLDCOM INC COM 98155K102 4620 210000 SH DEFINED 011622 210000
WORLDCOM INC COM 98155K102 11550 525000 SH DEFINED 011623 525000
WORLDCOM INC COM 98155K102 877 39800 SH DEFINED 0102 39800
WORLDCOM INC COM 98155K102 2873 130597 SH DEFINED 0103 130597
WORTHINGTON IND COM 981811102 269 14047 SH DEFINED 0103 14047
WRIGLEY WM JR CO COM 982526105 986 16894 SH DEFINED 0103 16894
WYNDHAM COM 983100108 1139 38600 SH DEFINED 011620 38600
XILINX COM 983919101 3271 67100 SH DEFINED 011619 67100
XILINX COM 983919101 12334 253000 SH DEFINED 011614 253000
XILINX COM 983919101 8666 177750 SH DEFINED 0102 177750
XILINX COM 983919101 83 1700 SH DEFINED 0103 1700
XILINX COM 983919101 3998 82000 SH DEFINED 01 82000
XPEDITE COM 983929100 356 18000 SH DEFINED 0102 18000
XEROX COM 984121103 38391 675000 SH DEFINED 0113 675000
XEROX COM 984121103 9669 170000 SH DEFINED 0135 170000
XEROX COM 984121103 27016 475000 SH DEFINED 0131 475000
XEROX COM 984121103 3933 69148 SH DEFINED 0103 69148
YAHOO INC COM 984332106 422 15000 SH DEFINED 0128 15000
<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
YORK GROUP INC COM 986632107 2156 115000 SH DEFINED 0128 115000
ZERO CORP COM 989484100 4650 248000 SH DEFINED 0128 248000
ZERO CORP COM 989484100 325 17358 SH DEFINED 0103 17358
FLAGSTAR STABLE VALU COM 9900072E5 9358 903583 SH DEFINED 0103 903583
SIEBE STABLE VALUE COM 990007742 80298 7348595 SH DEFINED 0103 7348595
EMERGING GROWTH 2 COM 990007916 6159 675982 SH DEFINED 0103 675982
STABLE CAPITAL II COM 990007940 11417 953657 SH DEFINED 0103 953657
AM EXP RESEARCH 839 COM 990008393 20842 757900 SH DEFINED 0103 757900
FEDERAL INCOME FUND COM 990008443 90881 6404088 SH DEFINED 0103 6404088
EQY BASE INDEX COM 990008450 749931 35064815 SH DEFINED 0103 35064815
EQUITY INDEX 2 COM 990008484 3515 175925 SH DEFINED 0103 175925
AM EXP TST BND 831 COM 990009086 28442 604104 SH DEFINED 0103 604104
AM EXP TST EMERG 837 COM 990009300 13114 187731 SH DEFINED 0103 187731
AM EXP TST CORE 838 COM 990009318 16947 187069 SH DEFINED 0103 187069
MANAGED GIC FUND COM 990009326 125689 4703941 SH DEFINED 0103 4703941
INTERNATION COM 990009995 3359 324200 SH DEFINED 0103 324200
EQUITY INDEX 3 COM 990018509 4149 225692 SH DEFINED 0103 225692
STATE STREET BOND COM 994691343 227 22078 SH DEFINED 0103 22078
STATE STREET EAFE COM 994691350 268 26642 SH DEFINED 0103 26642
REPORT SUMMARY 3519 DATA RECORDS 54029187 35 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
</TABLE>
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