UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 1999
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holding entries.
Institutional Investment Manager Filing this Report:
Name: Guardian Investor Services Corporation
Address: 7 Hanover Square
New York, NY 10004
13F File Number:
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Frank L. Pepe
Title: Vice President/Treasurer
Phone: 212-598-8445
Signature, Place, and Date of Signing:
Frank L. Pepe New York, NY November 2, 1999
Report Type (Check only one.):
[ x ] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 369
Form 13F Information Table Value Total: $3,135,192,698
List of Other Included Managers:
No. 13F File Number Name
<PAGE>
<TABLE>
THE GUARDIAN PARK AVENUE FUND
FORM 13F INFORMATION TABLE
<C> <C> <C> <C> <C> <C<C> <C> <C> <C> <C> <C>
NAME OF ISSUER TITLE OF CUSIP MKT VAL SHRS/PRI INV DISCREMGR VOTING AUTHORITY
CLASS NUMBER SOSHRDOTHR A-SOLEB-SHRC-NONE
GLOBAL CROSSING LTD COM G3921A100 18,101,090 683,060 X 01 683,060 0 0
TRANSOCEAN OFFSHORE, INC. ORD G90076103 8,942,500 292,000 X 01 292,000 0 0
AFC CABLE SYSTEMS, INC. COM 000950105 1,700,000 40,000 X 01 40,000 0 0
AMFM, INC. COM 001693100 9,192,125 151,000 X 01 151,000 0 0
AT & T CORP. COM 001957109 21,709,328 499,065 X 01 499,065 0 0
ABERCROMBIE AND FITCH CO. CL A 002896207 5,109,375 150,000 X 01 150,000 0 0
ABITIBI CONSOLIDATED, INC. COM 003924107 4,721,263 391,400 X 01 391,400 0 0
ADAPTEC, INC. COM 00651F108 9,235,281 232,700 X 01 232,700 0 0
ADELPHIA COMMUNICATIONS CORCL A 006848105 11,533,131 196,100 X 01 196,100 0 0
ADOBE SYSTEMS, INC. COM 00724F101 9,148,100 80,600 X 01 80,600 0 0
ADVANCED MICRO DEVICES, INCCOM 007903107 10,707,813 623,000 X 01 623,000 0 0
ADVENT SOFTWARE, INC. COM 007974108 1,332,150 21,400 X 01 21,400 0 0
ALBERTSONS, INC. COM 013104104 4,747,500 120,000 X 01 120,000 0 0
AMERICA ONLINE, INC. COM 02364J104 39,239,200 377,300 X 01 377,300 0 0
AMERICAN EXPRESS CO. COM 025816109 40,710,600 302,400 X 01 302,400 0 0
AMERICAN GENERAL CORP. COM 026351106 2,748,656 43,500 X 01 43,500 0 0
AMERITECH CORP. COM 030954101 45,734,531 680,700 X 01 680,700 0 0
AMGEN, INC. COM 031162100 18,174,500 223,000 X 01 223,000 0 0
ANADARKO PETROLEUM CORP. COM 032511107 11,005,556 360,100 X 01 360,100 0 0
ANDRX CORP. COM 034551101 4,612,263 78,800 X 01 78,800 0 0
ANHEUSER BUSCH COS., INC. COM 035229103 23,821,250 340,000 X 01 340,000 0 0
APACHE CORP. COM 037411105 9,328,500 216,000 X 01 216,000 0 0
APPLE COMPUTER COM 037833100 14,416,256 227,700 X 01 227,700 0 0
APPLIED MICRO CIRCUITS CORPCOM 03822W109 7,980,000 140,000 X 01 140,000 0 0
APPLIED MATERIALS, INC. COM 038222105 13,051,500 168,000 X 01 168,000 0 0
AT HOME CORP. COM SER A 045919107 4,213,697 101,688 X 01 101,688 0 0
BJS WHOLESALE CLUB, INC. COM 05548J106 9,412,700 318,400 X 01 318,400 0 0
BANK OF AMERICA CORP. COM 060505104 7,128,000 128,000 X 01 128,000 0 0
BANK ONE CORP. COM 06423A103 9,322,788 267,800 X 01 267,800 0 0
BELL ATLANTIC CORP. COM 077853109 20,866,875 310,000 X 01 310,000 0 0
BEST BUY CO., INC. COM 086516101 13,839,938 223,000 X 01 223,000 0 0
BIOGEN, INC. COM 090597105 12,294,750 156,000 X 01 156,000 0 0
BOWATER, INC. COM 102183100 4,572,750 87,100 X 01 87,100 0 0
BRISTOL MYERS SQUIBB CO. COM 110122108 46,048,500 682,200 X 01 682,200 0 0
BURLINGTON RESOURCES, INC. COM 122014103 11,116,875 302,500 X 01 302,500 0 0
CBS CORP. COM 12490K107 26,783,375 579,100 X 01 579,100 0 0
CMG INFORMATION SERVICES, ICOM 125750109 7,530,652 73,100 X 01 73,100 0 0
CVS CORP. COM 126650100 10,691,079 261,956 X 01 261,956 0 0
CALIFORNIA FEDERAL BANK 2ND CONT LI 130209703 17,000 16,000 X 01 16,000 0 0
CAMBREX CORP. COM 132011107 2,471,906 93,500 X 01 93,500 0 0
CENTOCOR, INC. COM 152342101 10,031,756 171,300 X 01 171,300 0 0
CHAMPION INT'L CORP. COM 158525105 6,457,838 125,700 X 01 125,700 0 0
CHARTER ONE FINANCIAL, INC.COM 160903100 17,763,730 768,161 X 01 768,161 0 0
CHASE MANHATTAN CORP. COM 16161A108 33,971,513 450,700 X 01 450,700 0 0
CHEVRON CORP. COM 166751107 18,903,750 213,000 X 01 213,000 0 0
CHIRON CORP. COM 170040109 6,492,719 234,500 X 01 234,500 0 0
CISCO SYSTEMS, INC. COM 17275R102 35,378,250 516,000 X 01 516,000 0 0
CITIGROUP, INC. COM 172967101 49,552,800 1,126,200 X 01 1,126,20 0 0
CLEAR CHANNEL COMMUNICATIONCOM 184502102 13,978,125 175,000 X 01 175,000 0 0
COAST FEDERAL LITIGATION TRRT 19034Q110 20,625 20,000 X 01 20,000 0 0
COASTAL CORP. COM 190441105 8,175,219 199,700 X 01 199,700 0 0
COMCAST CORP. CL A 200300200 12,361,250 310,000 X 01 310,000 0 0
COMMERCIAL FEDERAL CORP. COM 201647104 258,290 13,400 X 01 13,400 0 0
CONOCO, INC. CL B 208251405 26,006,250 950,000 X 01 950,000 0 0
CONSOLIDATED EDISON, INC. COM 209115104 11,379,300 274,200 X 01 274,200 0 0
COORS (ADOLPH) CO. CL B 217016104 7,398,888 136,700 X 01 136,700 0 0
COSTCO WHOLESALE CORP. COM 22160K105 9,360,000 130,000 X 01 130,000 0 0
COUNTRYWIDE CREDIT INDS., ICOM 222372104 8,468,850 262,600 X 01 262,600 0 0
COX COMMUNICATIONS, INC. CL A 224044107 9,214,225 220,700 X 01 220,700 0 0
CRITICAL PATH, INC. COM 22674V100 8,698,113 215,600 X 01 215,600 0 0
CROSSMANN COMMUNITYS, INC. COM 22764E109 1,166,344 71,500 X 01 71,500 0 0
DQE COM 23329J104 5,790,500 148,000 X 01 148,000 0 0
D.R.HORTON, INC. COM 23331A109 1,940,625 150,000 X 01 150,000 0 0
DAIN RAUSCHER CORP. COM 233856103 465,500 9,500 X 01 9,500 0 0
DAYTON HUDSON CORP. COM 239753106 15,135,750 252,000 X 01 252,000 0 0
DELPHI AUTOMOTIVE SYSTEMS CCOM 247126105 6,702,383 417,269 X 01 417,269 0 0
DEVON ENERGY CORPORATION COM 25179M103 5,473,894 132,100 X 01 132,100 0 0
DOUBLECLICK, INC. COM 258609304 9,172,625 77,000 X 01 77,000 0 0
DUKE ENERGY CO. COM 264399106 11,271,078 204,464 X 01 204,464 0 0
E M C CORP. COM 268648102 37,633,275 526,800 X 01 526,800 0 0
E TEK DYNAMICS, INC. COM 269240107 5,245,975 96,700 X 01 96,700 0 0
EATON CORP. COM 278058102 6,810,056 78,900 X 01 78,900 0 0
EBAY, INC. COM 278642103 11,665,869 82,700 X 01 82,700 0 0
ENERGY EAST CORP. COM 29266M109 4,066,000 171,200 X 01 171,200 0 0
ENZON, INC. COM 293904108 5,602,850 183,700 X 01 183,700 0 0
EXODUS COMMUNICATIONS, INC.COM 302088109 7,386,406 102,500 X 01 102,500 0 0
EXXON CORP. COM 302290101 15,468,469 203,700 X 01 203,700 0 0
FEDERAL HOME LOAN MTG. CORPCOM 313400301 4,794,400 92,200 X 01 92,200 0 0
FIFTH THIRD BANCORP COM 316773100 7,788,000 128,000 X 01 128,000 0 0
FIRSTAR CORP. COM 33763V109 9,301,875 363,000 X 01 363,000 0 0
FORD MOTOR CO. COM 345370100 20,090,056 400,300 X 01 400,300 0 0
GST TELECOMMUNICATIONS, INCCOM 361942105 1,950,469 277,400 X 01 277,400 0 0
GTE CORP. COM 362320103 33,825,000 440,000 X 01 440,000 0 0
GAP, INC. COM 364760108 14,160,000 442,500 X 01 442,500 0 0
GENERAL DYNAMICS CORP. COM 369550108 9,022,219 144,500 X 01 144,500 0 0
GENERAL ELECTRIC CO. COM 369604103 53,258,275 449,200 X 01 449,200 0 0
GENZYME CORP. COM 372917104 3,492,344 77,500 X 01 77,500 0 0
GEORGIA PACIFIC CORP. COM 373298108 6,860,700 169,400 X 01 169,400 0 0
GOLDEN STATE BANCORP, INC. WT 381197136 55,100 46,400 X 01 46,400 0 0
GOLDMAN SACHS GROUP, INC. COM 38141G104 1,640,900 26,900 X 01 26,900 0 0
GO2NET COM 383486107 2,907,275 44,900 X 01 44,900 0 0
HALLIBURTON CO. COM 406216101 14,842,000 362,000 X 01 362,000 0 0
HAMBRECHT & QUIST GROUP, INCOM 406545103 15,322,331 313,100 X 01 313,100 0 0
HEWLETT PACKARD CO. COM 428236103 38,327,200 416,600 X 01 416,600 0 0
HOME DEPOT, INC. COM 437076102 26,763,750 390,000 X 01 390,000 0 0
ICG COMMUNICATIONS, INC. COM 449246107 2,740,556 176,100 X 01 176,100 0 0
INFINITY BROADCASTING CORP.CL A 45662S102 19,841,631 676,900 X 01 676,900 0 0
INGERSOLLRAND CO. COM 456866102 6,576,019 119,700 X 01 119,700 0 0
INTEL CORP. COM 458140100 84,924,325 1,142,800 X 01 1,142,80 0 0
INTERMEDIA COMMUNICATIONS, COM 458801107 2,840,550 130,600 X 01 130,600 0 0
INTERNATIONAL BUSINESS MACHCOM 459200101 117,964,363 971,900 X 01 971,900 0 0
INTERNATIONAL PAPER CO. COM 460146103 15,077,206 313,700 X 01 313,700 0 0
INTERNET CAP. GROUP, INC. COM 46059C106 2,559,569 29,000 X 01 29,000 0 0
INVESTMENT TECHNOLOGY GROUPCOM 46145F105 4,600,000 200,000 X 01 200,000 0 0
JEFFRIES GROUP, INC. COM 472319102 4,175,000 200,000 X 01 200,000 0 0
JOHNSON & JOHNSON COM 478160104 14,332,500 156,000 X 01 156,000 0 0
JONES APPAREL GROUP, INC. COM 480074103 5,635,000 196,000 X 01 196,000 0 0
JUNIPER NETWORKS, INC. COM 48203R104 5,559,044 29,000 X 01 29,000 0 0
KANSAS CITY SOUTHERN INDS.,COM 485170104 13,578,325 292,400 X 01 292,400 0 0
KEYCORP COM 493267108 6,824,825 264,400 X 01 264,400 0 0
KEYSPAN CORP. COM 49337W100 7,516,925 262,600 X 01 262,600 0 0
KIMBERLY CLARK CORP. COM 494368103 8,741,250 166,500 X 01 166,500 0 0
KNIGHT TRIMARK GROUP CL A 499067106 1,907,850 64,400 X 01 64,400 0 0
KROGER CO. COM 501044101 15,664,375 710,000 X 01 710,000 0 0
LSI LOGICCORP COM 502161102 6,978,250 135,500 X 01 135,500 0 0
LAM RESH. CORP. COM 512807108 6,046,648 96,600 X 01 96,600 0 0
LEGG MASON, INC. COM 524901105 8,377,641 218,666 X 01 218,666 0 0
LEHMAN BROTHERS HOLDINGS, ICOM 524908100 16,968,938 291,000 X 01 291,000 0 0
LENNAR CORP. COM 526057104 2,116,500 132,800 X 01 132,800 0 0
LEXMARK INT'L GROUP, INC. CL A 529771107 40,137,300 498,600 X 01 498,600 0 0
LIPOSOME, INC. COM 536310105 986,175 129,600 X 01 129,600 0 0
LOWES COS., INC. COM 548661107 8,560,500 175,600 X 01 175,600 0 0
LUCENT TECHNOLOGIES, INC. COM 549463107 40,371,713 622,300 X 01 622,300 0 0
M & T BANK CORP. COM 55261F104 6,715,629 14,631 X 01 14,631 0 0
MCI WORLDCOM, INC. COM 55268B106 36,650,500 509,920 X 01 509,920 0 0
MARTIN MARIETTA MATERIALS, COM 573284106 6,252,415 156,555 X 01 156,555 0 0
MEAD CORP. COM 582834107 6,208,125 180,600 X 01 180,600 0 0
MEDIAONE GROUP, INC. COM 58440J104 29,832,069 436,700 X 01 436,700 0 0
MEDIMMUNE, INC. COM 584699102 7,912,706 79,400 X 01 79,400 0 0
MERCK & CO., INC. COM 589331107 22,126,988 341,400 X 01 341,400 0 0
MERCURY INTERACTIVE CORP. COM 589405109 593,975 9,200 X 01 9,200 0 0
MERRILL LYNCH & CO., INC. COM 590188108 7,726,563 115,000 X 01 115,000 0 0
MICROSOFT CORP. COM 594918104 165,847,106 1,831,300 X 01 1,831,30 0 0
MICROMUSE, INC. COM 595094103 1,047,275 16,300 X 01 16,300 0 0
MICRON TECHNOLOGY, INC. COM 595112103 33,747,188 507,000 X 01 507,000 0 0
MILLENNIUM PHARMACEUTICALS COM 599902103 4,095,000 63,000 X 01 63,000 0 0
MINDSPRING ENTERPRISES, INCCOM 602683104 3,521,850 127,200 X 01 127,200 0 0
MONTANA POWER CO. COM 612085100 13,404,675 440,400 X 01 440,400 0 0
MORGAN (J. P. ) & CO., INC.COM 616880100 20,896,325 182,900 X 01 182,900 0 0
MORGAN STANLEY DEAN WITTER COM 617446448 16,410,500 184,000 X 01 184,000 0 0
MOTOROLA, INC. COM 620076109 33,440,000 380,000 X 01 380,000 0 0
NATIONAL CITY CORP. COM 635405103 5,924,625 222,000 X 01 222,000 0 0
NATIONAL SEMICONDUCTOR CORPCOM 637640103 7,106,500 233,000 X 01 233,000 0 0
NAVISTAR INT'L CORP, INC. COM 63934E108 10,946,100 235,400 X 01 235,400 0 0
NEW CENTURY ENERGIES, INC. COM 64352U103 2,012,938 60,200 X 01 60,200 0 0
NEWFIELD EXPL. CO. COM 651290108 6,920,169 210,100 X 01 210,100 0 0
NISOURCE, INC. COM 65473P105 1,283,250 58,000 X 01 58,000 0 0
NOKIA CORP. ADR 654902204 8,505,244 94,700 X 01 94,700 0 0
NORTEL NETWORKS CORP. COM 656569100 23,419,200 459,200 X 01 459,200 0 0
NORTH FORK BANCORPORATION, COM 659424105 7,624,500 391,000 X 01 391,000 0 0
NOVELL, INC. COM 670006105 19,293,163 932,600 X 01 932,600 0 0
OPTICAL COATING LAB, INC. COM 683829105 2,982,825 32,400 X 01 32,400 0 0
ORACLE CORP. COM 68389X105 31,053,750 682,500 X 01 682,500 0 0
OUTBACK STEAKHOUSE, INC. COM 689899102 3,336,406 131,000 X 01 131,000 0 0
PMC SIERRA, INC. COM 69344F106 7,788,500 84,200 X 01 84,200 0 0
PAINE WEBBER GROUP, INC. COM 695629105 6,800,500 187,600 X 01 187,600 0 0
PATTERSON DENTAL CO. COM 703412106 1,338,188 27,000 X 01 27,000 0 0
PFIZER, INC. COM 717081103 79,231,406 2,204,700 X 01 2,204,70 0 0
PREMIER NATIONAL BANCORP, ICOM 74053F107 4,424,613 254,654 X 01 254,654 0 0
QUALCOMM, INC. COM 747525103 8,418,844 44,500 X 01 44,500 0 0
ROSS STORES, INC. COM 778296103 6,399,750 318,000 X 01 318,000 0 0
ROYAL DUTCH PETROLEUM CO. NY REG GLD 780257804 13,956,469 236,300 X 01 236,300 0 0
SBC COMMUNICATIONS, INC. COM 78387G103 6,433,875 126,000 X 01 126,000 0 0
SAFEWAY, INC. COM 786514208 16,292,653 428,050 X 01 428,050 0 0
SAGA SYSTEMS, INC. COM 786610105 1,401,881 97,100 X 01 97,100 0 0
SAKS, INC. COM 79377W108 2,183,203 143,750 X 01 143,750 0 0
SAWTEK, INC. COM 805468105 3,227,000 92,200 X 01 92,200 0 0
SCHERING PLOUGH CORP. COM 806605101 21,585,650 494,800 X 01 494,800 0 0
SCHLUMBERGER LTD COM 806857108 14,643,438 235,000 X 01 235,000 0 0
SCHWAB CHARLES CORP. COM 808513105 8,741,906 259,500 X 01 259,500 0 0
SCIENTIFIC ATLANTA, INC. COM 808655104 8,281,894 167,100 X 01 167,100 0 0
SEPRACOR, INC. COM 817315104 9,513,000 126,000 X 01 126,000 0 0
SIEBEL SYSTEMS, INC. COM 826170102 7,155,525 107,400 X 01 107,400 0 0
SMURFIT STONE CONTAINER CORCOM 832727101 6,820,525 315,400 X 01 315,400 0 0
SOLECTRON CORP. COM 834182107 13,644,375 190,000 X 01 190,000 0 0
SOUTHDOWN, INC. COM 841297104 5,068,590 94,740 X 01 94,740 0 0
SOUTHWEST AIRLINES CO. COM 844741108 6,755,400 444,800 X 01 444,800 0 0
SPRINT CORP. COM 852061100 20,723,500 382,000 X 01 382,000 0 0
SPRINT CORP. PCS 852061506 7,120,719 95,500 X 01 95,500 0 0
STATE AUTO FINANCIAL CORP. COM 855707105 1,891,125 184,500 X 01 184,500 0 0
SUN MICROSYSTEMS, INC. COM 866810104 55,651,200 598,400 X 01 598,400 0 0
SUNTRUST BANKS, INC. COM 867914103 2,840,400 43,200 X 01 43,200 0 0
SYBASE, INC. COM 871130100 4,403,700 372,800 X 01 372,800 0 0
TCF FINANCIAL CORP. COM 872275102 8,080,331 282,900 X 01 282,900 0 0
TJX COS., INC. COM 872540109 10,573,950 376,800 X 01 376,800 0 0
TSI INT'L SOFTWARE LTD COM 872879101 412,300 15,200 X 01 15,200 0 0
TALISMAN ENERGY, INC. COM 87425E103 7,167,038 239,400 X 01 239,400 0 0
TANDY CORP. COM 875382103 25,843,750 500,000 X 01 500,000 0 0
TEXACO, INC. COM 881694103 23,419,375 371,000 X 01 371,000 0 0
TEXAS INSTRUMENTS, INC. COM 882508104 20,233,500 246,000 X 01 246,000 0 0
TEXAS UTILITIES CO. COM 882848104 5,970,000 160,000 X 01 160,000 0 0
TEXTRON, INC. COM 883203101 14,701,250 190,000 X 01 190,000 0 0
TIME WARNER, INC. COM 887315109 35,478,000 584,000 X 01 584,000 0 0
TRIQUINT SEMICONDUCTOR, INCCOM 89674K103 4,351,969 76,100 X 01 76,100 0 0
TYCO INT'L LTD COM 902124106 25,265,275 244,700 X 01 244,700 0 0
UNION CARBIDE CORP. COM 905581104 9,436,556 166,100 X 01 166,100 0 0
UNISYS CORP. COM 909214108 8,781,325 194,600 X 01 194,600 0 0
U S WEST, INC. COM 91273H101 9,586,500 168,000 X 01 168,000 0 0
U S TRUST CORP. COM 91288L105 1,205,625 15,000 X 01 15,000 0 0
UNITED TECHNOLOGIES CORP. COM 913017109 16,862,544 284,300 X 01 284,300 0 0
VALASSIS COMMUNICATIONS, INCOM 918866104 20,870,313 475,000 X 01 475,000 0 0
VASTAR RESOURCES, INC. COM 922380100 9,515,756 152,100 X 01 152,100 0 0
VERISIGN, INC. COM 92343E102 4,249,350 39,900 X 01 39,900 0 0
VIACOM, INC. CL B 925524308 12,421,500 294,000 X 01 294,000 0 0
VITESSE SEMICONDUCTOR CORP.COM 928497106 9,681,525 113,400 X 01 113,400 0 0
VODAFONE AIRTOUCH PLC ADR 92857T107 24,488,250 103,000 X 01 103,000 0 0
VULCAN MATERIALS CO. COM 929160109 4,241,175 115,800 X 01 115,800 0 0
WAL MART STORES INC. COM 931142103 48,551,800 1,020,800 X 01 1,020,80 0 0
WALGREEN CO. COM 931422109 3,806,250 150,000 X 01 150,000 0 0
WARNER LAMBERT CO. COM 934488107 16,129,125 243,000 X 01 243,000 0 0
WENDYS INT'L., INC. COM 950590109 8,685,288 329,300 X 01 329,300 0 0
WINSTAR COMMUNICATIONS, INCCOM 975515107 3,062,500 78,400 X 01 78,400 0 0
XILINX, INC. COM 983919101 28,178,438 430,000 X 01 430,000 0 0
YAHOO, INC. COM 984332106 10,428,950 58,100 X 01 58,100 0 0
3,045,442,211
214 ITEMS
</TABLE>
<TABLE>
THE GUARDIAN PARK AVENUE SMALL CAP FUND
FORM 13F INFORMATION TABLE
<C> <C> <C> <C> <C> <C<C> <C> <C> <C>
NAME OF ISSUER TITLE OF CUSIP MKT VAL SHRS/PR INV DISCRETION VOTING AUTHORITY (SHARES)
CLASS NUMBER SOSHRDOTHRMGR A-SOLB-SHRDC-NONE
FLEXTRONICS INTERNATIONAL ORD Y2573F102 354,944 6,100 X 01 6,100 0 0
AFC CABLE SYSTEMS, INC. COM 000950105 1,198,500 28,200 X 01 28,200 0 0
ABITIBI CONSOLIDATED, INC. COM 003924107 235,219 19,500 X 01 19,500 0 0
ADELPHIA COMMUNICATIONS CORP. CL A 006848105 1,382,094 23,500 X 01 23,500 0 0
ADVANCED MICRO DEVICES, INC. COM 007903107 464,063 27,000 X 01 27,000 0 0
ALLIANT TECH SYSTEMS, INC. COM 018804104 519,844 7,500 X 01 7,500 0 0
ALPHARMA, INC. CL A 020813101 483,781 13,700 X 01 13,700 0 0
AMES DEPT. STORES, INC. COM 030789507 860,625 27,000 X 01 27,000 0 0
ANDRX CORP. COM 034551101 234,125 4,000 X 01 4,000 0 0
ANN TAYLOR STORES CORP. COM 036115103 282,038 6,900 X 01 6,900 0 0
APPLIED MICRO CIRCUITS CORP. COM 03822W109 843,600 14,800 X 01 14,800 0 0
AT HOME CORP. COM SER A 045919107 448,934 10,834 X 01 10,834 0 0
AVIS RENT A CAR, INC. COM 053790101 467,600 22,400 X 01 22,400 0 0
BJS WHOLESALE CLUB, INC. COM 05548J106 1,892,000 64,000 X 01 64,000 0 0
BJ SERVICES CO. COM 055482103 1,084,806 34,100 X 01 34,100 0 0
BARRETT RESOURCES CORP. COM 068480201 328,744 8,900 X 01 8,900 0 0
BIOMATRIX, INC. COM 09060P102 244,569 10,900 X 01 10,900 0 0
BORG WARNER AUTOMOTIVE, INC. COM 099724106 206,400 4,800 X 01 4,800 0 0
BOWATER, INC. COM 102183100 325,500 6,200 X 01 6,200 0 0
CMG INFORMATION SERVICES, INC. COM 125750109 697,000 6,800 X 01 6,800 0 0
CELESTICA, INC. SUB VTG SH 15101Q108 360,438 7,300 X 01 7,300 0 0
CENTRAL HUDSON GAS & ELECTRIC COCOM 153609102 523,688 13,300 X 01 13,300 0 0
CHURCH & DWIGHT, INC. COM 171340102 540,000 21,600 X 01 21,600 0 0
CITADEL COMMUNICATIONS CORP. COM 172853202 1,269,450 37,200 X 01 37,200 0 0
COAST FEDERAL LITIGATION TRUST RT 19034Q110 10,828 10,500 X 01 10,500 0 0
COMMSCOPE, INC. COM 203372107 845,000 26,000 X 01 26,000 0 0
COOPER CAMERON CORP. COM 216640102 249,150 6,600 X 01 6,600 0 0
COORS (ADOLPH) CO. CL B 217016104 1,201,575 22,200 X 01 22,200 0 0
COX COMMUNICATIONS, INC. CL A 224044107 922,884 22,105 X 01 22,105 0 0
COX RADIO, INC. CL A 224051102 606,900 10,200 X 01 10,200 0 0
CRITICAL PATH, INC. COM 22674V100 407,472 10,100 X 01 10,100 0 0
CROSSMANN COMMUNITYS, INC. COM 22764E109 554,625 34,000 X 01 34,000 0 0
CULLEN FROST BANKERS, INC. COM 229899109 417,500 16,700 X 01 16,700 0 0
DII GROUP, INC. COM 232949107 323,725 9,200 X 01 9,200 0 0
D.R.HORTON, INC. COM 23331A109 556,313 43,000 X 01 43,000 0 0
DAIN RAUSCHER CORP. COM 233856103 539,000 11,000 X 01 11,000 0 0
DONALDSON LUFKIN & JENRETTE COM 257661504 240,488 15,900 X 01 15,900 0 0
DYCOM INDS., INC. COM 267475101 590,625 14,000 X 01 14,000 0 0
E TEK DYNAMICS, INC. COM 269240107 488,250 9,000 X 01 9,000 0 0
EARTHGRAINS CO. COM 270319106 511,088 23,100 X 01 23,100 0 0
ELCOR CHEMICAL CORP. COM 284443108 275,000 11,000 X 01 11,000 0 0
ENTERCOM COMMUNICATIONS CORP. CL A 293639100 266,400 7,400 X 01 7,400 0 0
ENZON, INC. COM 293904108 271,450 8,900 X 01 8,900 0 0
EQUITABLE RESOURCES, INC. COM 294549100 351,656 9,300 X 01 9,300 0 0
ETHAN ALLEN INTERIORS, INC. COM 297602104 1,103,894 34,700 X 01 34,700 0 0
EXAR CORP. COM 300645108 288,269 7,700 X 01 7,700 0 0
EXODUS COMMUNICATIONS, INC. COM 302088109 907,988 12,600 X 01 12,600 0 0
FAIRCHILD SEMICONDUCTOR INT'L. CL A 303726103 213,850 9,100 X 01 9,100 0 0
FOOTSTAR, INC. COM 344912100 260,850 7,400 X 01 7,400 0 0
FOREST OIL CORP. COM 346091606 262,763 15,400 X 01 15,400 0 0
FULTON FINANCIAL CORP. COM 360271100 251,250 13,400 X 01 13,400 0 0
GST TELECOMMUNICATIONS, INC. COM 361942105 127,969 18,200 X 01 18,200 0 0
GALLAGHER (ARTHUR J.) & CO. COM 363576109 473,925 8,900 X 01 8,900 0 0
GOLD BANCCORP, INC. COM 379907108 182,688 18,500 X 01 18,500 0 0
GO2NET COM 383486107 200,725 3,100 X 01 3,100 0 0
GRAND UNION CO. COM 386532402 920,431 67,400 X 01 67,400 0 0
HCC INS. HOLDINGS, INC. COM 404132102 305,988 18,200 X 01 18,200 0 0
HAMBRECHT & QUIST GROUP, INC. COM 406545103 1,125,563 23,000 X 01 23,000 0 0
HARMONIC, INC. COM 413160102 248,544 1,900 X 01 1,900 0 0
HELIX TECHNOLOGY CORP. COM 423319102 272,650 8,200 X 01 8,200 0 0
HENRY JACK & ASSOC., INC. COM 426281101 546,675 14,800 X 01 14,800 0 0
HERTZ CORP. CL A 428040109 391,600 8,900 X 01 8,900 0 0
HOME PROPERTYS, INC. COM 437306103 245,525 9,200 X 01 9,200 0 0
ICG COMMUNICATIONS, INC. COM 449246107 180,525 11,600 X 01 11,600 0 0
IDEC PHARMACEUTICALS CORP. COM 449370105 216,272 2,300 X 01 2,300 0 0
INKTOMI CORP. COM 457277101 660,172 5,500 X 01 5,500 0 0
INNOTRAC CORP. COM 45767M109 630,988 35,300 X 01 35,300 0 0
INSIGHT COMMUNICATIONS, INC. CL A 45768V108 721,350 25,200 X 01 25,200 0 0
INTERGRATED ELECTRICAL SERVICES COM 45811E103 332,063 21,000 X 01 21,000 0 0
THE INTERCEPT GROUP, INC. COM 45845L107 758,500 41,000 X 01 41,000 0 0
JLG INDS., INC. COM 466210101 865,688 57,000 X 01 57,000 0 0
JONES INTERCABLE, INC. CL A 480206200 1,092,063 20,200 X 01 20,200 0 0
JONES PHARMA, INC. COM 480236108 543,984 16,500 X 01 16,500 0 0
JUNIPER NETWORKS, INC. COM 48203R104 383,277 2,000 X 01 2,000 0 0
KLA TENCOR CORP. COM 482480100 702,000 10,800 X 01 10,800 0 0
KEMET CORP. COM 488360108 265,341 8,300 X 01 8,300 0 0
KING PHARMACEUTICALS, INC. COM 495582108 665,000 19,000 X 01 19,000 0 0
KNIGHT TRIMARK GROUP CL A 499067106 388,088 13,100 X 01 13,100 0 0
L 3 COMMUNICATIONS HOLDING CORP.COM 502424104 441,675 11,700 X 01 11,700 0 0
LAFARGE CORP. COM 505862102 504,363 15,700 X 01 15,700 0 0
LAM RESH. CORP. COM 512807108 237,900 3,900 X 01 3,900 0 0
LOUIS DREYFUS NATURAL GAS CORP. COM 546011107 396,594 18,500 X 01 18,500 0 0
LYCOS, INC. COM 550818108 741,850 14,800 X 01 14,800 0 0
M & T BANK CORP. COM 55261F104 826,200 1,800 X 01 1,800 0 0
MACDERMID, INC. COM 554273102 327,000 9,600 X 01 9,600 0 0
MACROMEDIA, INC. COM 556100105 1,021,875 25,000 X 01 25,000 0 0
MADDEN (STEVEN) LTD COM 556269108 236,756 18,300 X 01 18,300 0 0
MARKEL CORP. COM 570535104 691,838 3,800 X 01 3,800 0 0
MARTIN MARIETTA MATERIALS, INC. COM 573284106 495,225 12,400 X 01 12,400 0 0
MECH FINANCIAL, INC. COM 583492103 759,000 23,000 X 01 23,000 0 0
METROMEDIA FIBER NETWORK, INC. CL A 591689104 549,829 22,442 X 01 22,442 0 0
MIAMI COMPUTER SUPPLY CORP. COM 593261100 215,250 12,000 X 01 12,000 0 0
MIIX GROUP, INC. COM 59862V104 326,894 19,300 X 01 19,300 0 0
MILLENNIUM PHARMACEUTICALS COM 599902103 260,000 4,000 X 01 4,000 0 0
MINDSPRING ENTERPRISES, INC. COM 602683104 393,163 14,200 X 01 14,200 0 0
MISSION WEST PROPERTYS, INC. COM 605203108 470,813 55,800 X 01 55,800 0 0
MOHAWK INDS., INC. COM 608190104 378,813 19,000 X 01 19,000 0 0
MUSICMAKER.COM, INC. COM 62757C108 121,688 11,800 X 01 11,800 0 0
MYERS IND., INC. COM 628464109 350,385 19,740 X 01 19,740 0 0
NATIONAL COMM. BANCORP COM 635449101 527,250 24,000 X 01 24,000 0 0
NATIONAL COMPUTER SYSTEMS, INC. COM 635519101 904,913 23,600 X 01 23,600 0 0
NATIONAL FUEL GAS CO. COM 636180101 349,188 7,400 X 01 7,400 0 0
NATIONAL R. V. HOLDINGS, INC. COM 637277104 513,500 26,000 X 01 26,000 0 0
NETWORK APPLIANCE, INC. COM 64120L104 379,613 5,300 X 01 5,300 0 0
NEWFIELD EXPL. CO. COM 651290108 378,781 11,500 X 01 11,500 0 0
NEWPORT NEWS SHIPBUILDING, INC. COM 652228107 284,350 8,800 X 01 8,800 0 0
NORTH FORK BANCORPORATION, INC. COM 659424105 526,500 27,000 X 01 27,000 0 0
OPTICAL COATING LAB, INC. COM 683829105 230,156 2,500 X 01 2,500 0 0
OPTIMAL ROBOTICS CORP. CL A 68388R208 630,000 35,000 X 01 35,000 0 0
OTTER TAIL POWER CO. COM 689648103 680,000 16,000 X 01 16,000 0 0
PEOPLES HERITAGE FINANCIAL GROUPCOM 711147108 1,277,133 76,820 X 01 76,820 0 0
PERVASIVE SOFTWARE, INC. COM 715710109 872,850 25,300 X 01 25,300 0 0
PLEXUS CORP. COM 729132100 961,625 31,400 X 01 31,400 0 0
PRIMUS TELECOMM GROUP, INC. COM 741929103 294,000 14,000 X 01 14,000 0 0
PRISON REALTY CORP. COM 74264N105 139,750 13,000 X 01 13,000 0 0
PROFIT RECOVERY GROUP INT'L, INCCOM 743168106 937,125 21,000 X 01 21,000 0 0
PROVIDENT FINANCIAL GROUP, INC. COM 743866105 212,063 5,800 X 01 5,800 0 0
QLOGIC CORP. COM 747277101 753,975 10,800 X 01 10,800 0 0
REAL NETWORKS, INC. COM 75605L104 627,375 6,000 X 01 6,000 0 0
RECKSON ASSOCS. REALTY CORP. COM 75621K106 308,025 14,800 X 01 14,800 0 0
RED HAT, INC. COM 756577102 336,000 3,500 X 01 3,500 0 0
REINSURANCE GROUP AMERICA, INC. COM 759351109 523,254 20,370 X 01 20,370 0 0
ROSS STORES, INC. COM 778296103 422,625 21,000 X 01 21,000 0 0
RUBY TUESDAY, INC. COM 781182100 380,250 19,500 X 01 19,500 0 0
SDL, INC. COM 784076101 618,131 8,100 X 01 8,100 0 0
SALEM COMMUNICATIONS CORP. CL A 794093104 237,150 9,300 X 01 9,300 0 0
SCIENTIFIC ATLANTA, INC. COM 808655104 257,725 5,200 X 01 5,200 0 0
SEMTECH CORP. COM 816850101 238,063 6,500 X 01 6,500 0 0
SEPRACOR, INC. COM 817315104 302,000 4,000 X 01 4,000 0 0
SHAW INDS., INC. COM 820286102 582,613 36,700 X 01 36,700 0 0
SHOPKO STORES, INC. COM 824911101 536,500 18,500 X 01 18,500 0 0
SOUTHDOWN, INC. COM 841297104 1,144,900 21,400 X 01 21,400 0 0
SPARTECH CORP. COM 847220209 504,175 17,200 X 01 17,200 0 0
STATE AUTO FINANCIAL CORP. COM 855707105 727,750 71,000 X 01 71,000 0 0
STONE ENERGY CORP. COM 861642106 473,138 9,300 X 01 9,300 0 0
TNP ENTERPRISES, INC. COM 872594106 1,401,750 36,000 X 01 36,000 0 0
TEREX CORP. COM 880779103 522,900 16,600 X 01 16,600 0 0
THOR INDS., INC. COM 885160101 1,152,600 45,200 X 01 45,200 0 0
TRANSWITCH CORP. COM 894065101 228,000 4,000 X 01 4,000 0 0
U S CONCRETE, INC. COM 90333L102 325,000 40,000 X 01 40,000 0 0
UNITED PAYORS & UNITED PROVIDERSCOM 911319101 663,581 37,650 X 01 37,650 0 0
U S TRUST CORP. COM 91288L105 401,875 5,000 X 01 5,000 0 0
USWEB CORP. COM 917327108 696,544 20,300 X 01 20,300 0 0
VALASSIS COMMUNICATIONS, INC. COM 918866104 2,741,700 62,400 X 01 62,400 0 0
VALLEY NATIONAL BANCORP COM 919794107 888,038 35,700 X 01 35,700 0 0
VERISIGN, INC. COM 92343E102 915,900 8,600 X 01 8,600 0 0
VERITAS DGC, INC. COM 92343P107 438,900 22,800 X 01 22,800 0 0
WADDELL & REED FINANCIAL, INC. CL A 930059100 710,000 32,000 X 01 32,000 0 0
WINSTAR COMMUNICATIONS, INC. COM 975515107 203,125 5,200 X 01 5,200 0 0
XILINX, INC. COM 983919101 1,572,750 24,000 X 01 24,000 0 0
XIRCOM, INC. COM 983922105 1,865,444 43,700 X 01 43,700 0 0
YAHOO, INC. COM 984332106 631,661 3,519 X 01 3,519 0 0
YOUNG & RUBICAM, INC. COM 987425105 528,000 12,000 X 01 12,000 0 0
ZALE CORP. COM 988858106 2,298,750 60,000 X 01 60,000 0 0
ZIONS BANCORP COM 989701107 1,130,063 20,500 X 01 20,500 0 0
89,750,487
155 ITEMS
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