PHOENIX/ZWEIG ADVISERS LLC
13F-HR, 2000-08-03
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    Form 13F

                               Form 13F COVER PAGE

Report for the Calendar Year or Quarter Ended: 6/30/2000
                                               ---------

Check Here if Amendment /  /; Amendment Number:
                                                -------

This Amendment (Check only one.):    /  / is a restatement.
                                     /  / adds new holdings entries.

Institutional Investment Manager Filing this Report:

   Name:           Phoenix/Zweig Advisers, LLC
                   ------------------------------
   Address:        900 Third Ave
                   ------------------------------
                   New York, NY 10022
                   ------------------------------

                   ------------------------------

Form 13F File Number: 28-2621
                      ---------------------------

     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:     MARC BALTUCH
          ------------------------
Title:    CHIEF COMPL. OFFICER
          ------------------------
Phone:    212-451-1100
          ------------------------

Signature, Place, and Date of Signing:

Marc Baltuch                  New York, New York            August 1, 2000
-----------------------       ------------------            -------------------
[Signature]                   [City, State]                 [Date]


Report Type {Check only one.):

     |X|  13F HOLDINGS REPORT. (Check here if all holdings of this reporting
          manager are reported in this report.)
<PAGE>

     |_|  13F NOTICE. (Check here if no holdings reported are in this report,
          and all holdings are reported by other reporting manager(s).)

     |_|  13F COMBINATION REPORT. (Check here if a portion of the holdings for
          this reporting manager are reported in this report and a portion are
          reported by other reporting manager(s).)

List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]

          Form 13F File Number          Name

          28-2621
          --------------------          -------------------------------------

<PAGE>

                              Form 13F SUMMARY PAGE

Report Summary:

Number of Other Included Managers:                                     1
                                                                ---------------

Form 13F Information Table Entry Total:                               585
                                                                ---------------

Form 13F Information Table Value Total:                           $1,179,285
                                                                ---------------
                                                                  (thousands)

List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file numbers(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.

[If there are no entries in this list, state "NONE" and omit the column headings
and list entries.]

     No.       Form 13F File Number           Name

     1         28-2621                        EUCLID ADVISORS LLC
    ----       --------------------           ----------------------------

<PAGE>

                           FORM 13F INFORMATION TABLE

<TABLE>
<CAPTION>
Phoenix/Zweig Advisers SEC Form 13F 06/30/2000
Item 1                                  Item 2           Item 3            Item 4       Item 5      Item 6     Item 7     Item 8
-----------------------------------------------------------------------------------------------------------------------------------
                                      Title of                             Market       Shares    Investment              Voting
Name of Issuer                          Class            Cusip              Value        Owned    Discretion   Manager   Authority
<S>                                  <C>               <C>               <C>              <C>       <C>          <C>      <C>
1ST SOURCE CORP COM                  Common Stock      336901103            186,681        11900    (a)sole      n/a      (a)sole
3COM CORP COM                        Common Stock      885535104          3,094,463        53700    (a)sole      n/a      (a)sole
A D C TELECOMMUNICATIONS COM         Common Stock      000886101          9,322,706       222300    (a)sole      n/a      (a)sole
ABBOTT LABS COM                      Common Stock      002824100          2,419,744        54300    (a)sole      n/a      (a)sole
ACCREDO HEALTH INC COM               Common Stock      00437V104            566,825        16400    (a)sole      n/a      (a)sole
Ace Ltd.                             Common Stock      G0070K103          3,122,000       111500    (a)sole      n/a      (a)sole
ACTEL CORP COM                       Common Stock      004934105            857,750        18800    (a)sole      n/a      (a)sole
ACTUATE CORP COM                     Common Stock      00508B102            619,150        11600    (a)sole      n/a      (a)sole
ADOBE SYS INC COM                    Common Stock      00724F101          8,905,000        68500    (a)sole      n/a      (a)sole
ADTRAN INC COM                       Common Stock      00738A106            538,875         9000    (a)sole      n/a      (a)sole
ADVANCE PARADIGM INC COM             Common Stock      007491103            260,350        12700    (a)sole      n/a      (a)sole
ADVANCED DIGITAL INFORMATIO CO       Common Stock      007525108            288,469        18100    (a)sole      n/a      (a)sole
ADVANCED FIBRE COMMUNICATIO CO       Common Stock      00754A105            471,250        10400    (a)sole      n/a      (a)sole
ADVENT SOFTWARE INC COM              Common Stock      007974108            516,000         8000    (a)sole      n/a      (a)sole
AES CORP COM                         Common Stock      00130H105          6,935,000       152000    (a)sole      n/a      (a)sole
AETNA INC COM                        Common Stock      008117103          2,272,238        35400    (a)sole      n/a      (a)sole
AFFILIATED MANAGERS GROUP COM        Common Stock      008252108            445,900         9800    (a)sole      n/a      (a)sole
AFLAC INC COM                        Common Stock      001055102            381,281         8300    (a)sole      n/a      (a)sole
AGENCY COM LTD COM                   Common Stock      008447104            400,781        22500    (a)sole      n/a      (a)sole
AGILENT TECHNOLOGIES INC COM         Common Stock      00846U101            556,149         7541    (a)sole      n/a      (a)sole
Air Pords & Chems.                   Common Stock      009158106          2,465,000        80000    (a)sole      n/a      (a)sole
AIRGAS INC COM                       Common Stock      009363102            145,600        25600    (a)sole      n/a      (a)sole
AIRTRAN HLDGS INC COM                Common Stock      00949P108             94,347        22700    (a)sole      n/a      (a)sole
ALBANY MOLECULAR RESH INC COM        Common Stock      012423109            310,294         5700    (a)sole      n/a      (a)sole
ALCAN ALUMINIUM LTD NEW COM          Common Stock      013716105            396,800        12800    (a)sole      n/a      (a)sole
ALCOA INC COM                        Common Stock      013817101          5,191,000       179000    (a)sole      n/a      (a)sole
ALEXANDER & BALDWIN INC COM          Common Stock      014482103            480,963        21800    (a)sole      n/a      (a)sole
ALLSTATE CORP COM                    Common Stock      020002101          4,487,825       201700    (a)sole      n/a      (a)sole
AMCOL INTL CORP COM                  Common Stock      02341W103            282,150        17100    (a)sole      n/a      (a)sole
AMDOCS LTD ORD                       Common Stock      G02602103          3,883,550        50600    (a)sole      n/a      (a)sole
AMERCO COM                           Common Stock      023586100            438,000        21900    (a)sole      n/a      (a)sole
AMERICA ONLINE INC DEL COM           Common Stock      02364J104          9,489,019       180100    (a)sole      n/a      (a)sole
AMERICA WEST HLDG CORP CL B          Common Stock      023657208            193,513        11300    (a)sole      n/a      (a)sole
AMERICAN ELEC PWR INC COM            Common Stock      025537101            225,150         7600    (a)sole      n/a      (a)sole
AMERICAN EXPRESS CO COM              Common Stock      025816109          2,647,950        50800    (a)sole      n/a      (a)sole
AMERICAN FREIGHTWAYS CORP COM        Common Stock      02629V108            333,500        23000    (a)sole      n/a      (a)sole
AMERICAN INTL GROUP INC COM          Common Stock      026874107         13,019,000       110800    (a)sole      n/a      (a)sole
AMERICREDIT CORP COM                 Common Stock      03060R101            756,500        44500    (a)sole      n/a      (a)sole
AMERISOURCE HEALTH CORP CL A         Common Stock      03071P102            933,100        30100    (a)sole      n/a      (a)sole
AMGEN INC COM                        Common Stock      031162100          6,821,275        97100    (a)sole      n/a      (a)sole
AMKOR TECHNOLOGY INC COM             Common Stock      031652100            349,594         9900    (a)sole      n/a      (a)sole
AMPHENOL CORP NEW CL A               Common Stock      032095101            509,644         7700    (a)sole      n/a      (a)sole
ANADIGICS INC COM                    Common Stock      032515108            311,672         9150    (a)sole      n/a      (a)sole
ANALOG DEVICES INC COM               Common Stock      032654105          3,982,400        52400    (a)sole      n/a      (a)sole
ANDREW CORP COM                      Common Stock      034425108            265,144         7900    (a)sole      n/a      (a)sole
ANHEUSER BUSCH COS INC COM           Common Stock      035229103            485,469         6500    (a)sole      n/a      (a)sole
ANNTAYLOR STORES CORP COM            Common Stock      036115103            371,000        11200    (a)sole      n/a      (a)sole
APAC CUSTOMER SERVICES INC COM       Common Stock      00185E106            310,856        28100    (a)sole      n/a      (a)sole
APACHE CORP COM                      Common Stock      037411105          6,010,638       102200    (a)sole      n/a      (a)sole
APPLIED MATLS INC COM                Common Stock      038222105         12,868,750       142000    (a)sole      n/a      (a)sole
ARGOSY GAMING CO COM                 Common Stock      040228108            395,313        27500    (a)sole      n/a      (a)sole
ASIA TIGERS FUND                     Common Stock      04516T105            900,000       100000    (a)sole      n/a      (a)sole
ASPECT COMMUNICATIONS CORP COM       Common Stock      04523Q102            235,875         6000    (a)sole      n/a      (a)sole
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
Phoenix/Zweig Advisers SEC Form 13F 06/30/2000
Item 1                                  Item 2           Item 3            Item 4       Item 5      Item 6     Item 7     Item 8
-----------------------------------------------------------------------------------------------------------------------------------
                                      Title of                             Market       Shares    Investment              Voting
Name of Issuer                          Class            Cusip              Value        Owned    Discretion   Manager   Authority
<S>                                  <C>               <C>               <C>              <C>       <C>          <C>      <C>
ASYST TECHNOLOGY CORP COM            Common Stock      04648X107            342,500        10000    (a)sole      n/a      (a)sole
AT&T CORP COM                        Common Stock      001957109          6,211,150       196400    (a)sole      n/a      (a)sole
AT&T CORP COM WIRLES GRP             Common Stock      001957406          2,812,588       100900    (a)sole      n/a      (a)sole
Atmel Corp.                          Common Stock      049513104          1,843,750        50000    (a)sole      n/a      (a)sole
ATMI INC COM                         Common Stock      00207R101            488,250        10500    (a)sole      n/a      (a)sole
ATWOOD OCEANICS INC COM              Common Stock      050095108            563,563        12700    (a)sole      n/a      (a)sole
AUTOMATIC DATA PROCESSING I CO       Common Stock      053015103            321,375         6000    (a)sole      n/a      (a)sole
AVANT CORP COM                       Common Stock      053487104            477,727        25500    (a)sole      n/a      (a)sole
AXA FINL INC COM                     Common Stock      002451102          1,717,000        50500    (a)sole      n/a      (a)sole
AZTAR CORP COM                       Common Stock      054802103          1,472,500        95000    (a)sole      n/a      (a)sole
BANCO DE GALICIA Y BUENOS A SP       Common Stock      059538207            258,256        17435    (a)sole      n/a      (a)sole
BANCWEST CORP NEW COM                Common Stock      059790105            317,244        19300    (a)sole      n/a      (a)sole
BANK OF AMERICA CORPORATION CO       Common Stock      060505104          4,622,500       107500    (a)sole      n/a      (a)sole
BANTA CORP COM                       Common Stock      066821109            217,781        11500    (a)sole      n/a      (a)sole
BARD C R INC COM                     Common Stock      067383109          1,087,625        22600    (a)sole      n/a      (a)sole
BARNES & NOBLE INC COM               Common Stock      067774109            589,625        26500    (a)sole      n/a      (a)sole
BARRA INC COM                        Common Stock      068313105            460,931         9300    (a)sole      n/a      (a)sole
BARRICK GOLD CORP COM                Common Stock      067901108            885,731        48700    (a)sole      n/a      (a)sole
BAXTER INTL INC COM                  Common Stock      071813109         11,467,969       163100    (a)sole      n/a      (a)sole
BEDFORD PPTY INVS INC COM PAR        Common Stock      076446301            384,244        20700    (a)sole      n/a      (a)sole
BELLSOUTH CORP COM                   Common Stock      079860102          4,680,225       109800    (a)sole      n/a      (a)sole
BEST BUY INC COM                     Common Stock      086516101          5,420,525        85700    (a)sole      n/a      (a)sole
BESTFOODS COM                        Common Stock      08658U101            256,225         3700    (a)sole      n/a      (a)sole
Bethlehem Steel                      Common Stock      087509105            890,625       250000    (a)sole      n/a      (a)sole
BINDLEY WESTN INDS INC COM           Common Stock      090324104          1,004,625        38000    (a)sole      n/a      (a)sole
BIOGEN INC COM                       Common Stock      090597105          1,702,800        26400    (a)sole      n/a      (a)sole
BJ SVCS CO COM                       Common Stock      055482103          4,375,000        70000    (a)sole      n/a      (a)sole
BOEING CO COM                        Common Stock      097023105          8,893,519       212700    (a)sole      n/a      (a)sole
Boral Limited Spons. ADR             Common Stock      099514101            270,156        47900    (a)sole      n/a      (a)sole
BOSTON PROPERTIES INC COM            Common Stock      101121101            710,700        18400    (a)sole      n/a      (a)sole
BOYD GAMING CORP COM                 Common Stock      103304101            236,963        42600    (a)sole      n/a      (a)sole
BP AMOCO P L C SPONSORED ADR         Common Stock      055622104            208,716         3690    (a)sole      n/a      (a)sole
BRIGHTPOINT INC COM                  Common Stock      109473108            396,456        45800    (a)sole      n/a      (a)sole
BRINKER INTL INC COM                 Common Stock      109641100            859,950        29400    (a)sole      n/a      (a)sole
BRISTOL MYERS SQUIBB CO COM          Common Stock      110122108          8,813,225       151300    (a)sole      n/a      (a)sole
BROADVISION INC COM                  Common Stock      111412102          1,407,506        27700    (a)sole      n/a      (a)sole
BROCADE COMMUNICATIONS SYS COM       Common Stock      111621108            275,227         1500    (a)sole      n/a      (a)sole
BRUNSWICK CORP COM                   Common Stock      117043109            538,281        32500    (a)sole      n/a      (a)sole
BSQUARE CORP COM                     Common Stock      11776U102            399,388        17800    (a)sole      n/a      (a)sole
BUCKEYE TECHNOLOGIES INC COM         Common Stock      118255108            416,813        19000    (a)sole      n/a      (a)sole
BUFFETS INC COM                      Common Stock      119882108            692,738        54600    (a)sole      n/a      (a)sole
BURLINGTON NORTHN SANTA FE COM       Common Stock      12189T104          4,796,231       209100    (a)sole      n/a      (a)sole
BURR BROWN CORP COM                  Common Stock      122574106            407,431         4700    (a)sole      n/a      (a)sole
C COR NET CORP COM                   Common Stock      125010108            288,900        10700    (a)sole      n/a      (a)sole
C&D TECHNOLOGIES INC COM             Common Stock      124661109          1,000,050        17700    (a)sole      n/a      (a)sole
CABLE DESIGN TECHNOLOGIES C CO       Common Stock      126924109            532,650        15900    (a)sole      n/a      (a)sole
CALLAWAY GOLF CO COM                 Common Stock      131193104            577,463        35400    (a)sole      n/a      (a)sole
CAMBREX CORP COM                     Common Stock      132011107            378,000         8400    (a)sole      n/a      (a)sole
CANADIAN PAC LTD NEW COM             Common Stock      135923100            560,413        21400    (a)sole      n/a      (a)sole
CANANDAIGUA BRANDS INC CL A          Common Stock      137219200            232,013         4600    (a)sole      n/a      (a)sole
CAPITAL AUTOMOTIVE REIT COM SH       Common Stock      139733109            468,950        33200    (a)sole      n/a      (a)sole
CAPITAL ONE FINL CORP COM            Common Stock      14040H105          4,493,738       100700    (a)sole      n/a      (a)sole
CAPITOL FED FINL COM                 Common Stock      14057C106          2,215,819       200300    (a)sole      n/a      (a)sole
CARDINAL HEALTH INC COM              Common Stock      14149Y108          5,476,000        74000    (a)sole      n/a      (a)sole
CAREMARK RX INC COM                  Common Stock      141705103            430,550        63200    (a)sole      n/a      (a)sole
CARRIER ACCESS CORP COM              Common Stock      144460102            348,975         6600    (a)sole      n/a      (a)sole
CASEYS GEN STORES INC COM            Common Stock      147528103            501,113        48300    (a)sole      n/a      (a)sole
CATHAY BANCORP INC COM               Common Stock      149150104            204,050         4400    (a)sole      n/a      (a)sole
CBL & ASSOC PPTYS INC COM            Common Stock      124830100            334,163        13400    (a)sole      n/a      (a)sole
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
Phoenix/Zweig Advisers SEC Form 13F 06/30/2000
Item 1                                  Item 2           Item 3            Item 4       Item 5      Item 6     Item 7     Item 8
-----------------------------------------------------------------------------------------------------------------------------------
                                      Title of                             Market       Shares    Investment              Voting
Name of Issuer                          Class            Cusip              Value        Owned    Discretion   Manager   Authority
<S>                                  <C>               <C>               <C>              <C>       <C>          <C>      <C>
CBRL GROUP INC COM                   Common Stock      12489V106          1,214,656        82700    (a)sole      n/a      (a)sole
CELGENE CORP COM                     Common Stock      151020104            482,775         8200    (a)sole      n/a      (a)sole
CEMEX                                Common Stock      151290889          3,506,250       150000    (a)sole      n/a      (a)sole
CENTEX CONSTRUCTION PRODUCT CO       Common Stock      15231R109            363,998        16044    (a)sole      n/a      (a)sole
CENTURYTEL INC COM                   Common Stock      156700106          2,889,375       100500    (a)sole      n/a      (a)sole
CEPHALON INC COM                     Common Stock      156708109            257,463         4300    (a)sole      n/a      (a)sole
CERNER CORP COM                      Common Stock      156782104            545,000        20000    (a)sole      n/a      (a)sole
CHARMING SHOPPES INC COM             Common Stock      161133103            779,344       153000    (a)sole      n/a      (a)sole
CHASE MANHATTAN CORP NEW COM         Common Stock      16161A108          8,544,594       185500    (a)sole      n/a      (a)sole
CHEAP TICKETS INC COM                Common Stock      162672109            306,000        25500    (a)sole      n/a      (a)sole
CHEESECAKE FACTORY INC COM           Common Stock      163072101            419,375        15250    (a)sole      n/a      (a)sole
CHESAPEAKE ENERGY CORP COM           Common Stock      165167107            509,175        65700    (a)sole      n/a      (a)sole
CHEVRON CORPORATION COM              Common Stock      166751107          1,976,131        23300    (a)sole      n/a      (a)sole
CHIRON CORP COM                      Common Stock      170040109          2,612,500        55000    (a)sole      n/a      (a)sole
CHURCH & DWIGHT INC COM              Common Stock      171340102            370,800        20600    (a)sole      n/a      (a)sole
CIGNA CORP COM                       Common Stock      125509109         13,286,350       142100    (a)sole      n/a      (a)sole
CIRRUS LOGIC CORP COM                Common Stock      172755100            316,800        19800    (a)sole      n/a      (a)sole
CISCO SYS INC COM                    Common Stock      17275R102         23,145,395       364136    (a)sole      n/a      (a)sole
CITIGROUP INC COM                    Common Stock      172967101         15,599,328       258910    (a)sole      n/a      (a)sole
CITRIX SYS INC COM                   Common Stock      177376100            960,131        50700    (a)sole      n/a      (a)sole
CITY NATL CORP COM                   Common Stock      178566105            851,375        24500    (a)sole      n/a      (a)sole
CLOROX CO DEL COM                    Common Stock      189054109          2,612,569        58300    (a)sole      n/a      (a)sole
CMP GROUP INC COM                    Common Stock      125887109            416,238        14200    (a)sole      n/a      (a)sole
CNF TRANSN INC COM                   Common Stock      12612W104            266,175        11700    (a)sole      n/a      (a)sole
COASTAL CORP COM                     Common Stock      190441105          5,137,850        84400    (a)sole      n/a      (a)sole
COGNEX CORP COM                      Common Stock      192422103            408,825         7900    (a)sole      n/a      (a)sole
COHERENT INC COM                     Common Stock      192479103            662,613         7900    (a)sole      n/a      (a)sole
COLGATE PALMOLIVE CO COM             Common Stock      194162103          1,586,688        26500    (a)sole      n/a      (a)sole
COLONIAL BANCGROUP INC COM           Common Stock      195493309            384,300        42700    (a)sole      n/a      (a)sole
COMCAST CORP CL A SPL                Common Stock      200300200          7,334,550       181100    (a)sole      n/a      (a)sole
COMMERCIAL METALS CO COM             Common Stock      201723103            393,250        14300    (a)sole      n/a      (a)sole
COMMSCOPE INC COM                    Common Stock      203372107            565,800        13800    (a)sole      n/a      (a)sole
COMPAQ COMPUTER CORP COM             Common Stock      204493100          4,905,444       191900    (a)sole      n/a      (a)sole
COMPUTER SCIENCES CORP COM           Common Stock      205363104            358,500         4800    (a)sole      n/a      (a)sole
CONAGRA INC COM                      Common Stock      205887102          2,110,219       110700    (a)sole      n/a      (a)sole
CONCORD CAMERA CORP COM              Common Stock      206156101            210,838        10100    (a)sole      n/a      (a)sole
CONSOL ENERGY INC COM                Common Stock      20854P109            521,813        34500    (a)sole      n/a      (a)sole
COOPER INDS INC COM                  Common Stock      216669101          1,589,050        48800    (a)sole      n/a      (a)sole
COORS ADOLPH CO CL B                 Common Stock      217016104          5,420,800        89600    (a)sole      n/a      (a)sole
COPART INC COM                       Common Stock      217204106            584,000        36500    (a)sole      n/a      (a)sole
COTT CORP QUE COM                    Common Stock      22163N106            547,800        91300    (a)sole      n/a      (a)sole
COVANCE INC COM                      Common Stock      222816100            200,925        22800    (a)sole      n/a      (a)sole
COX COMMUNICATIONS INC NEW CL        Common Stock      224044107            218,700         4800    (a)sole      n/a      (a)sole
CREDENCE SYS CORP COM                Common Stock      225302108            204,194         3700    (a)sole      n/a      (a)sole
CREE INC COM                         Common Stock      225447101            534,000         4000    (a)sole      n/a      (a)sole
CRESCENT REAL ESTATE EQUITI CO       Common Stock      225756105          1,182,850        57700    (a)sole      n/a      (a)sole
CROSS TIMBERS OIL CO COM             Common Stock      227573102            809,775        36600    (a)sole      n/a      (a)sole
CVS CORP COM                         Common Stock      126650100          6,248,000       156200    (a)sole      n/a      (a)sole
CYBEX COMPUTER PRODS CORP COM        Common Stock      232522102            489,431        11550    (a)sole      n/a      (a)sole
CYMER INC COM                        Common Stock      232572107            744,900        15600    (a)sole      n/a      (a)sole
CYPRESS SEMICONDUCTOR CORP COM       Common Stock      232806109          4,529,200       107200    (a)sole      n/a      (a)sole
CYTYC CORP COM                       Common Stock      232946103            656,513        12300    (a)sole      n/a      (a)sole
D R HORTON INC COM                   Common Stock      23331A109            358,050        26400    (a)sole      n/a      (a)sole
DALLAS SEMICONDUCTOR CORP COM        Common Stock      235204104            338,225         8300    (a)sole      n/a      (a)sole
DAL-TILE INTL INC COM                Common Stock      23426R108            226,050        27400    (a)sole      n/a      (a)sole
DEL MONTE FOODS CO COM               Common Stock      24522P103            102,188        15000    (a)sole      n/a      (a)sole
DELHAIZE AMER INC CL A               Common Stock      246688105            327,219        18500    (a)sole      n/a      (a)sole
DELL COMPUTER CORP COM               Common Stock      247025109         12,273,881       248900    (a)sole      n/a      (a)sole
Delphi Automotive Systems            Common Stock      247126105          2,912,500       200000    (a)sole      n/a      (a)sole
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
Phoenix/Zweig Advisers SEC Form 13F 06/30/2000
Item 1                                  Item 2           Item 3            Item 4       Item 5      Item 6     Item 7     Item 8
-----------------------------------------------------------------------------------------------------------------------------------
                                      Title of                             Market       Shares    Investment              Voting
Name of Issuer                          Class            Cusip              Value        Owned    Discretion   Manager   Authority
<S>                                  <C>               <C>               <C>              <C>       <C>          <C>      <C>
DELTA & PINE LD CO COM               Common Stock      247357106            358,394        14300    (a)sole      n/a      (a)sole
DENDRITE INTL INC COM                Common Stock      248239105            862,794        25900    (a)sole      n/a      (a)sole
DEVELOPERS DIVERSIFIED RLTY CO       Common Stock      251591103            167,300        11200    (a)sole      n/a      (a)sole
DIAMOND OFFSHORE DRILLING I CO       Common Stock      25271C102          3,775,938       107500    (a)sole      n/a      (a)sole
DIGITAL LIGHTWAVE INC COM            Common Stock      253855100            372,081         3700    (a)sole      n/a      (a)sole
DIGITAL MICROWAVE CORP COM           Common Stock      253859102            205,875         5400    (a)sole      n/a      (a)sole
DIGITAS INC COM                      Common Stock      25388K104            269,156        16500    (a)sole      n/a      (a)sole
DISNEY WALT CO COM DISNEY            Common Stock      254687106          9,078,244       233900    (a)sole      n/a      (a)sole
DOLLAR THRIFTY AUTOMOTIVE G CO       Common Stock      256743105            237,844        12900    (a)sole      n/a      (a)sole
DONALDSON INC COM                    Common Stock      257651109            758,400        38400    (a)sole      n/a      (a)sole
DORAL FINL CORP COM                  Common Stock      25811P100            690,825        60400    (a)sole      n/a      (a)sole
DOVER CORP COM                       Common Stock      260003108            304,219         7500    (a)sole      n/a      (a)sole
DOW CHEM CO COM                      Common Stock      260543103          5,642,044       186900    (a)sole      n/a      (a)sole
DOWNEY FINL CORP COM                 Common Stock      261018105            594,500        20500    (a)sole      n/a      (a)sole
DRESS BARN INC COM                   Common Stock      261570105            573,038        25900    (a)sole      n/a      (a)sole
DREYERS GRAND ICE CREAM INC CO       Common Stock      261878102            504,000        24000    (a)sole      n/a      (a)sole
DURA PHARMACEUTICALS INC COM         Common Stock      26632S109            343,563        23900    (a)sole      n/a      (a)sole
DYCOM INDS INC COM                   Common Stock      267475101            426,650         9275    (a)sole      n/a      (a)sole
E M C CORP MASS COM                  Common Stock      268648102         15,310,563       199000    (a)sole      n/a      (a)sole
E MACHINES INC COM                   Common Stock      29076P102             54,564        20303    (a)sole      n/a      (a)sole
EATON CORP COM                       Common Stock      278058102          2,452,200        36600    (a)sole      n/a      (a)sole
EATON VANCE CORP COM NON VTG         Common Stock      278265103            416,250         9000    (a)sole      n/a      (a)sole
EBAY INC COM                         Common Stock      278642103          2,112,756        38900    (a)sole      n/a      (a)sole
EDISON INTL COM                      Common Stock      281020107          1,293,550        63100    (a)sole      n/a      (a)sole
EDWARDS AG INC COM                   Common Stock      281760108            222,300         5700    (a)sole      n/a      (a)sole
EL PASO ENERGY CORP DEL COM          Common Stock      283905107            764,063        15000    (a)sole      n/a      (a)sole
ELECTRO SCIENTIFIC INDS COM          Common Stock      285229100            603,228        13700    (a)sole      n/a      (a)sole
ELOYALTY CORP COM                    Common Stock      290151109            429,675        33700    (a)sole      n/a      (a)sole
EMERGING MKT INFR                    Common Stock      290921105          2,232,500       190000    (a)sole      n/a      (a)sole
EMERSON ELEC CO COM                  Common Stock      291011104            301,875         5000    (a)sole      n/a      (a)sole
EMPIRE DIST ELEC CO COM              Common Stock      291641108            255,925        11600    (a)sole      n/a      (a)sole
EMULEX CORP COM NEW                  Common Stock      292475209            216,769         3300    (a)sole      n/a      (a)sole
ENGELHARD CORP COM                   Common Stock      292845104            916,256        53700    (a)sole      n/a      (a)sole
ENRON CORP COM                       Common Stock      293561106          6,308,100        97800    (a)sole      n/a      (a)sole
ENTERGY CORP NEW COM                 Common Stock      29364G103          1,340,344        49300    (a)sole      n/a      (a)sole
ENTRUST TECHNOLOGIES INC COM         Common Stock      293848107            504,775         6100    (a)sole      n/a      (a)sole
ENZON INC COM                        Common Stock      293904108            408,000         9600    (a)sole      n/a      (a)sole
EQUITABLE RES INC COM                Common Stock      294549100            361,875         7500    (a)sole      n/a      (a)sole
EQUITY OFFICE PROPERTIES TR CO       Common Stock      294741103            239,794         8700    (a)sole      n/a      (a)sole
EQUITY RESIDENTIAL PPTYS TR SH       Common Stock      29476L107            354,200         7700    (a)sole      n/a      (a)sole
ESS TECHNOLOGY INC COM               Common Stock      269151106            388,600        26800    (a)sole      n/a      (a)sole
EXCEL TECHNOLOGY INC COM             Common Stock      30067T103            981,094        19500    (a)sole      n/a      (a)sole
EXPEDITORS INTL WASH INC COM         Common Stock      302130109            750,500        15800    (a)sole      n/a      (a)sole
EXPRESS SCRIPTS INC CL A             Common Stock      302182100            385,175         6200    (a)sole      n/a      (a)sole
EXTENDED STAY AMER INC COM           Common Stock      30224P101            959,225       103700    (a)sole      n/a      (a)sole
EXXON MOBIL CORP COM                 Common Stock      30231G102         14,665,684       186824    (a)sole      n/a      (a)sole
F M C CORP COM NEW                   Common Stock      302491303          2,424,400        41800    (a)sole      n/a      (a)sole
FAMILY DLR STORES INC COM            Common Stock      307000109            289,525        14800    (a)sole      n/a      (a)sole
FEDERAL HOME LN MTG CORP COM         Common Stock      313400301            206,550         5100    (a)sole      n/a      (a)sole
FEDERAL NATL MTG ASSN COM            Common Stock      313586109          9,325,906       178700    (a)sole      n/a      (a)sole
FEDERATED DEPT STORES INC D CO       Common Stock      31410H101          2,652,750        78600    (a)sole      n/a      (a)sole
FEDERATED INVS INC PA CL B           Common Stock      314211103            497,888        21300    (a)sole      n/a      (a)sole
FILENET CORP COM                     Common Stock      316869106            343,613        18700    (a)sole      n/a      (a)sole
FIRST AMERN CORP CALIF COM           Common Stock      318522307            223,275        15600    (a)sole      n/a      (a)sole
FIRST DATA CORP COM                  Common Stock      319963104          1,627,700        32800    (a)sole      n/a      (a)sole
FIRST UN CORP COM                    Common Stock      337358105            245,644         9900    (a)sole      n/a      (a)sole
FIRSTAR CORP NEW WIS COM             Common Stock      33763V109          2,022,000        96000    (a)sole      n/a      (a)sole
fiserv inc                           Common Stock      337738108          3,243,750        75000    (a)sole      n/a      (a)sole
FLEETBOSTON FINL CORP COM            Common Stock      339030108          6,708,200       197300    (a)sole      n/a      (a)sole
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
Phoenix/Zweig Advisers SEC Form 13F 06/30/2000
Item 1                                  Item 2           Item 3            Item 4       Item 5      Item 6     Item 7     Item 8
-----------------------------------------------------------------------------------------------------------------------------------
                                      Title of                             Market       Shares    Investment              Voting
Name of Issuer                          Class            Cusip              Value        Owned    Discretion   Manager   Authority
<S>                                  <C>               <C>               <C>              <C>       <C>          <C>      <C>
FLORIDA PROGRESS CORP COM            Common Stock      341109106            285,938         6100    (a)sole      n/a      (a)sole
FORD MTR CO DEL COM                  Common Stock      345370100            563,300        13100    (a)sole      n/a      (a)sole
FOSSIL INC COM                       Common Stock      349882100            326,550        16800    (a)sole      n/a      (a)sole
FREEPORT-MCMORAN COPPER & G CL       Common Stock      35671D857            271,950        29400    (a)sole      n/a      (a)sole
GABELLI GLOBAL MEDIA                 Common Stock      36239Q109          2,108,315       153332    (a)sole      n/a      (a)sole
GENERAL ELEC CO COM                  Common Stock      369604103         26,786,200       505400    (a)sole      n/a      (a)sole
GENERAL MO HUGHES                    Common Stock      370442832          6,581,162       224997    (a)sole      n/a      (a)sole
GENERAL MTRS CORP COM                Common Stock      370442105          1,852,194        31900    (a)sole      n/a      (a)sole
GENERAL SEMICONDUCTOR INC COM        Common Stock      370787103            413,000        28000    (a)sole      n/a      (a)sole
GEORGIA GULF CORP COM PAR $0.0       Common Stock      373200203            405,844        19500    (a)sole      n/a      (a)sole
GEORGIA PAC CORP COM GA PAC GR       Common Stock      373298108          4,683,000       178400    (a)sole      n/a      (a)sole
GLENAYRE TECHNOLOGIES INC COM        Common Stock      377899109            213,363        20200    (a)sole      n/a      (a)sole
GLIMCHER RLTY TR SH BEN INT          Common Stock      379302102            753,250        52400    (a)sole      n/a      (a)sole
GLOBAL HEALTH SCIENC                 Common Stock      46128N109          2,247,500       124000    (a)sole      n/a      (a)sole
GLOBALSTAR TELECOMMUNICTNS COM       Common Stock      G3930H104            165,600        18400    (a)sole      n/a      (a)sole
GREATER BAY BANCORP COM              Common Stock      391648102            224,400         4800    (a)sole      n/a      (a)sole
GREY WOLF INC COM                    Common Stock      397888108            292,500        58500    (a)sole      n/a      (a)sole
GRUPO ELEKTRA SA DE CV GLOBL D       Common Stock      40050A102            178,350        17400    (a)sole      n/a      (a)sole
grupo televisa                       Common Stock      40049j206          6,893,750       100000    (a)sole      n/a      (a)sole
GTE CORP COM                         Common Stock      362320103            336,150         5400    (a)sole      n/a      (a)sole
H & R BLOCK                          Common Stock      093671105          3,237,500       100000    (a)sole      n/a      (a)sole
HAIN CELESTIAL GROUP INC COM         Common Stock      405217100            531,969        14500    (a)sole      n/a      (a)sole
HANDLEMAN CO DEL COM                 Common Stock      410252100            273,750        21900    (a)sole      n/a      (a)sole
HANNA M A CO COM                     Common Stock      410522106            194,400        21600    (a)sole      n/a      (a)sole
HARMONIC INC COM                     Common Stock      413160102            245,446         9917    (a)sole      n/a      (a)sole
HARRAHS ENTMT INC COM                Common Stock      413619107            368,500        17600    (a)sole      n/a      (a)sole
HELIX TECHNOLOGY CORP COM            Common Stock      423319102            288,600         7400    (a)sole      n/a      (a)sole
HELMERICH & PAYNE INC COM            Common Stock      423452101            568,100        15200    (a)sole      n/a      (a)sole
HEWLETT PACKARD CO COM               Common Stock      428236103          2,335,163        18700    (a)sole      n/a      (a)sole
HIBERNIA CORP CL A                   Common Stock      428656102            826,500        76000    (a)sole      n/a      (a)sole
HOME DEPOT INC COM                   Common Stock      437076102          7,580,513       151800    (a)sole      n/a      (a)sole
HOME PPTYS N Y INC COM               Common Stock      437306103            771,000        25700    (a)sole      n/a      (a)sole
Honeywell Inc Com                    Common Stock      438516106          3,368,750       100000    (a)sole      n/a      (a)sole
HOOPER HOLMES INC COM                Common Stock      439104100            361,600        45200    (a)sole      n/a      (a)sole
HOUSEHOLD INTL INC COM               Common Stock      441815107          1,076,427        25899    (a)sole      n/a      (a)sole
I2 TECHNOLOGIES INC COM              Common Stock      465754109            417,584         4005    (a)sole      n/a      (a)sole
IDACORP INC COM                      Common Stock      451107106            483,750        15000    (a)sole      n/a      (a)sole
IKON OFFICE SOLUTIONS INC COM        Common Stock      451713101            170,888        44100    (a)sole      n/a      (a)sole
INCYTE GENOMICS INC COM              Common Stock      45337C102            616,406         7500    (a)sole      n/a      (a)sole
INDEPENDENT ENERGY HLDGS PL SP       Common Stock      45384X108            189,525        22800    (a)sole      n/a      (a)sole
INDYMAC BANCORP INC COM              Common Stock      456607100            244,125        18000    (a)sole      n/a      (a)sole
INFINITY BROADCASTING CP NE CL       Common Stock      45662S102          7,640,944       209700    (a)sole      n/a      (a)sole
INFOCUS CORP COM                     Common Stock      45665B106            688,813        21400    (a)sole      n/a      (a)sole
INFORMIX CORP COM                    Common Stock      456779107            161,394        21700    (a)sole      n/a      (a)sole
INGERSOLL-RAND CO COM                Common Stock      456866102          7,015,575       174300    (a)sole      n/a      (a)sole
INGRAM MICRO INC CL A                Common Stock      457153104            503,944        28900    (a)sole      n/a      (a)sole
INSIGHT ENTERPRISES INC COM          Common Stock      45765U103            971,242        16375    (a)sole      n/a      (a)sole
INSITUFORM TECHNOLOGIES INC CL       Common Stock      457667103            550,638        20300    (a)sole      n/a      (a)sole
INTEGRATED SILICON SOLUTION CO       Common Stock      45812P107            494,000        13000    (a)sole      n/a      (a)sole
INTEL CORP COM                       Common Stock      458140100         25,480,838       190600    (a)sole      n/a      (a)sole
INTERMEDIA COMMUNICATIONS I CO       Common Stock      458801107            374,850        12600    (a)sole      n/a      (a)sole
INTERNATIONAL BUSINESS MACH CO       Common Stock      459200101          4,700,231        42900    (a)sole      n/a      (a)sole
INTERNATIONAL HOME FOODS IN CO       Common Stock      459655106            605,094        28900    (a)sole      n/a      (a)sole
INTERNATIONAL RECTIFIER COR CO       Common Stock      460254105            918,400        16400    (a)sole      n/a      (a)sole
INTERNET SEC SYS INC COM             Common Stock      46060X107            701,014         7100    (a)sole      n/a      (a)sole
INTERPUBLIC GROUP COS INC COM        Common Stock      460690100            597,700        13900    (a)sole      n/a      (a)sole
INVESTMENT TECHNOLOGY GRP N CO       Common Stock      46145F105            276,500         7000    (a)sole      n/a      (a)sole
INVESTORS FINL SERVICES COR CO       Common Stock      461915100            754,063        19000    (a)sole      n/a      (a)sole
IOMEGA CORP COM                      Common Stock      462030107            774,800       193700    (a)sole      n/a      (a)sole
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
Phoenix/Zweig Advisers SEC Form 13F 06/30/2000
Item 1                                  Item 2           Item 3            Item 4       Item 5      Item 6     Item 7     Item 8
-----------------------------------------------------------------------------------------------------------------------------------
                                      Title of                             Market       Shares    Investment              Voting
Name of Issuer                          Class            Cusip              Value        Owned    Discretion   Manager   Authority
<S>                                  <C>               <C>               <C>              <C>       <C>          <C>      <C>
ISLE OF CAPRI CASINOS INC COM        Common Stock      464592104            326,856        24100    (a)sole      n/a      (a)sole
ITT EDUCATIONAL SERVICES IN CO       Common Stock      45068B109            416,231        23700    (a)sole      n/a      (a)sole
IVAX CORP COM                        Common Stock      465823102            603,825        14550    (a)sole      n/a      (a)sole
JABIL CIRCUIT                        Common Stock      466313103          4,962,500       100000    (a)sole      n/a      (a)sole
JACK IN THE BOX INC COM              Common Stock      466367109            684,575        27800    (a)sole      n/a      (a)sole
JDA SOFTWARE GROUP INC COM           Common Stock      46612K108            640,863        33400    (a)sole      n/a      (a)sole
JDS UNIPHASE                         Common Stock      46612J101          7,192,500        60000    (a)sole      n/a      (a)sole
JOHNS MANVILLE CORP NEW COM          Common Stock      478129109            634,319        48100    (a)sole      n/a      (a)sole
JOHNSON & JOHNSON COM                Common Stock      478160104         11,766,563       115500    (a)sole      n/a      (a)sole
JONES PHARMA INC COM                 Common Stock      480236108            351,450         8800    (a)sole      n/a      (a)sole
JUSTIN INDS INC COM                  Common Stock      482171105            457,188        20900    (a)sole      n/a      (a)sole
K MART CORP COM                      Common Stock      482584109            272,500        40000    (a)sole      n/a      (a)sole
KEANE INC COM                        Common Stock      486665102            945,013        43700    (a)sole      n/a      (a)sole
KEMET CORP COM                       Common Stock      488360108            446,113        17800    (a)sole      n/a      (a)sole
KENT ELECTRS CORP COM                Common Stock      490553104            736,369        24700    (a)sole      n/a      (a)sole
KIMBERLY CLARK CORP COM              Common Stock      494368103          7,177,613       125100    (a)sole      n/a      (a)sole
KLA-TENCOR CORP COM                  Common Stock      482480100          2,032,119        34700    (a)sole      n/a      (a)sole
KOREA FUND INC                       Common Stock      500634100          2,109,375       150000    (a)sole      n/a      (a)sole
LA Z BOY INC COM                     Common Stock      505336107            218,400        15600    (a)sole      n/a      (a)sole
LABORATORY CORP AMER HLDGS COM       Common Stock      50540R409            811,355        10520    (a)sole      n/a      (a)sole
LAM RESEARCH CORP COM                Common Stock      512807108            817,500        21800    (a)sole      n/a      (a)sole
LEHMAN BROS HLDGS INC COM            Common Stock      524908100          6,014,175        63600    (a)sole      n/a      (a)sole
LENNAR CORP COM                      Common Stock      526057104            666,225        32900    (a)sole      n/a      (a)sole
LIMITED INC COM                      Common Stock      532716107            605,500        28000    (a)sole      n/a      (a)sole
LINEAR TECHNOLOGY CORP COM           Common Stock      535678106            223,781         3500    (a)sole      n/a      (a)sole
LIZ CLAIBORNE INC COM                Common Stock      539320101            222,075         6300    (a)sole      n/a      (a)sole
LNR PPTY CORP COM                    Common Stock      501940100            351,000        18000    (a)sole      n/a      (a)sole
LONGVIEW FIBRE CO COM                Common Stock      543213102            557,550        50400    (a)sole      n/a      (a)sole
LOOKSMART LTD COM                    Common Stock      543442107            281,200        15200    (a)sole      n/a      (a)sole
LOUISIANA PAC CORP COM               Common Stock      546347105            703,613        64700    (a)sole      n/a      (a)sole
LOWES COS INC COM                    Common Stock      548661107          2,114,719        51500    (a)sole      n/a      (a)sole
LTX CORP COM                         Common Stock      502392103            513,581        14700    (a)sole      n/a      (a)sole
LUCENT TECHNOLOGIES INC COM          Common Stock      549463107         14,853,975       250700    (a)sole      n/a      (a)sole
MAIL-WELL INC COM                    Common Stock      560321200            342,413        39700    (a)sole      n/a      (a)sole
MANAGEMENT NETWORK GROUP IN CO       Common Stock      561693102            402,500        11500    (a)sole      n/a      (a)sole
MANDALAY RESORT GROUP COM            Common Stock      562567107            390,000        19500    (a)sole      n/a      (a)sole
MANHATTAN ASSOCS INC COM             Common Stock      562750109            275,000        11000    (a)sole      n/a      (a)sole
MANITOWOC INC COM                    Common Stock      563571108            558,406        20875    (a)sole      n/a      (a)sole
Marsh & Mclennan                     Common Stock      571748102          5,221,875        50000    (a)sole      n/a      (a)sole
MASISA S A SPONSORED ADR             Common Stock      574799102            199,631        16900    (a)sole      n/a      (a)sole
MAXTOR CORP COM NEW                  Common Stock      577729205            366,519        34700    (a)sole      n/a      (a)sole
MBNA CORP COM                        Common Stock      55262L100          3,181,763       117300    (a)sole      n/a      (a)sole
MCCORMICK & CO INC COM NON VTG       Common Stock      579780206          1,127,750        34700    (a)sole      n/a      (a)sole
Medimmune Inc                        Common Stock      584699102          7,548,000       102000    (a)sole      n/a      (a)sole
MELLON FINL CORP COM                 Common Stock      58551A108            255,063         7000    (a)sole      n/a      (a)sole
MENS WEARHOUSE INC COM               Common Stock      587118100            359,231        16100    (a)sole      n/a      (a)sole
MENTOR CORP MINN COM                 Common Stock      587188103            399,656        14700    (a)sole      n/a      (a)sole
MENTOR GRAPHICS CORP COM             Common Stock      587200106            908,288        45700    (a)sole      n/a      (a)sole
MERCK & CO INC COM                   Common Stock      589331107         10,574,250       138000    (a)sole      n/a      (a)sole
MERCURY COMPUTER SYS COM             Common Stock      589378108            365,131        11300    (a)sole      n/a      (a)sole
MERRILL LYNCH & CO INC COM           Common Stock      590188108          1,403,000        12200    (a)sole      n/a      (a)sole
METHODE ELECTRS INC CL A             Common Stock      591520200            305,138         7900    (a)sole      n/a      (a)sole
METRIS COS INC COM                   Common Stock      591598107            482,400        19200    (a)sole      n/a      (a)sole
MGIC INVT CORP WIS COM               Common Stock      552848103          1,342,250        29500    (a)sole      n/a      (a)sole
MICHAELS STORES INC COM              Common Stock      594087108            577,238        12600    (a)sole      n/a      (a)sole
MICREL INC COM                       Common Stock      594793101            312,750         7200    (a)sole      n/a      (a)sole
MICROMUSE INC COM                    Common Stock      595094103            413,711         2500    (a)sole      n/a      (a)sole
MICRON ELECTRONICS INC COM           Common Stock      595100108            880,000        70400    (a)sole      n/a      (a)sole
MICROSOFT CORP COM                   Common Stock      594918104         18,808,000       235100    (a)sole      n/a      (a)sole
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
Phoenix/Zweig Advisers SEC Form 13F 06/30/2000
Item 1                                  Item 2           Item 3            Item 4       Item 5      Item 6     Item 7     Item 8
-----------------------------------------------------------------------------------------------------------------------------------
                                      Title of                             Market       Shares    Investment              Voting
Name of Issuer                          Class            Cusip              Value        Owned    Discretion   Manager   Authority
<S>                                  <C>               <C>               <C>              <C>       <C>          <C>      <C>
MICROSTRATEGY INC CL A               Common Stock      594972101            468,000        15600    (a)sole      n/a      (a)sole
MID ATLANTIC MED SVCS INC COM        Common Stock      59523C107          1,237,950        91700    (a)sole      n/a      (a)sole
MILLS CORP COM                       Common Stock      601148109            237,038        12600    (a)sole      n/a      (a)sole
MINNESOTA MNG & MFG CO COM           Common Stock      604059105          1,237,500        15000    (a)sole      n/a      (a)sole
MITCHELL ENERGY & DEV CORP CL        Common Stock      606592202            542,913        16900    (a)sole      n/a      (a)sole
MITEL CORP COM                       Common Stock      606711109            764,400        36400    (a)sole      n/a      (a)sole
MODIS PROFESSIONAL SRVS              Common Stock      607830106          1,906,250       250000    (a)sole      n/a      (a)sole
MONACO COACH CORP COM                Common Stock      60886R103            227,878        16725    (a)sole      n/a      (a)sole
MORG ST EMEG MKT                     Common Stock      61744G107          2,550,000       170000    (a)sole      n/a      (a)sole
MORGAN J P & CO INC COM              Common Stock      616880100            947,075         8600    (a)sole      n/a      (a)sole
MORGAN KEEGAN INC COM                Common Stock      617410105            500,025        33900    (a)sole      n/a      (a)sole
MORGAN STANLEY ASIA                  Common Stock      61744U106          1,018,750       100000    (a)sole      n/a      (a)sole
MORGAN STANLEY DEAN WITTER& CO       Common Stock      617446448          6,093,900        73200    (a)sole      n/a      (a)sole
MOTOROLA INC COM                     Common Stock      620076109          7,617,281       262100    (a)sole      n/a      (a)sole
MRV COMMUNICATIONS INC COM           Common Stock      553477100            753,200        11200    (a)sole      n/a      (a)sole
MUELLER INDS INC COM                 Common Stock      624756102            655,200        23400    (a)sole      n/a      (a)sole
NABI INC COM                         Common Stock      628716102            107,494        14700    (a)sole      n/a      (a)sole
NATIONAL DISC BROKERS GROUP CO       Common Stock      635646102            385,688        12100    (a)sole      n/a      (a)sole
NATIONWIDE FINL SVCS INC CL A        Common Stock      638612101            450,388        13700    (a)sole      n/a      (a)sole
NBTY INC COM                         Common Stock      628782104            339,150        53200    (a)sole      n/a      (a)sole
NCI BUILDING SYS INC COM             Common Stock      628852105            479,925        23700    (a)sole      n/a      (a)sole
NCO GROUP INC COM                    Common Stock      628858102            309,875        13400    (a)sole      n/a      (a)sole
NETEGRITY INC COM                    Common Stock      64110P107            572,375         7600    (a)sole      n/a      (a)sole
NETWORK APPLIANCE INC COM            Common Stock      64120L104          6,351,450        78900    (a)sole      n/a      (a)sole
NEW YORK TIMES CO CL A               Common Stock      650111107          4,246,250       107500    (a)sole      n/a      (a)sole
NIKE INC CL B                        Common Stock      654106103          1,218,263        30600    (a)sole      n/a      (a)sole
NOKIA CORP SPONSORED ADR             Common Stock      654902204          7,580,513       151800    (a)sole      n/a      (a)sole
NORTEL NETWORKS CORP NEW COM         Common Stock      656568102         10,995,075       161100    (a)sole      n/a      (a)sole
NOVA CHEMICALS CORP COM              Common Stock      66977W109            249,400        11600    (a)sole      n/a      (a)sole
NOVEN PHARMACEUTICALS INC COM        Common Stock      670009109            841,750        28000    (a)sole      n/a      (a)sole
NOVOSTE CORP COM                     Common Stock      67010C100            378,200         6200    (a)sole      n/a      (a)sole
NVIDIA CORP COM                      Common Stock      67066G104            279,675         4400    (a)sole      n/a      (a)sole
O REILLY AUTOMOTIVE INC COM          Common Stock      686091109            516,150        37200    (a)sole      n/a      (a)sole
OAKLEY INC COM                       Common Stock      673662102          1,097,100        95400    (a)sole      n/a      (a)sole
OCCIDENTAL PETE CORP DEL COM         Common Stock      674599105          1,211,094        57500    (a)sole      n/a      (a)sole
OCEAN ENERGY INC TEX COM             Common Stock      67481E106            507,913        35800    (a)sole      n/a      (a)sole
OCULAR SCIENCES INC COM              Common Stock      675744106            196,225        16700    (a)sole      n/a      (a)sole
OLD REP INTL CORP COM                Common Stock      680223104            490,050        29700    (a)sole      n/a      (a)sole
OMNICOM GROUP INC COM                Common Stock      681919106          5,379,375        60400    (a)sole      n/a      (a)sole
ONYX SOFTWARE CORP COM               Common Stock      683402101            486,875        16400    (a)sole      n/a      (a)sole
ORACLE CORP COM                      Common Stock      68389X105         17,518,625       208400    (a)sole      n/a      (a)sole
ORBOTECH LTD ORD                     Common Stock      M75253100            311,131         3350    (a)sole      n/a      (a)sole
ORTHODONTIC CTRS AMER INC COM        Common Stock      68750P103            651,600        28800    (a)sole      n/a      (a)sole
OSHKOSH B GOSH INC CL A              Common Stock      688222207            186,675        11400    (a)sole      n/a      (a)sole
OWENS & MINOR INC NEW COM            Common Stock      690732102          1,455,781        84700    (a)sole      n/a      (a)sole
OXFORD HEALTH PLANS INC COM          Common Stock      691471106            461,963        19400    (a)sole      n/a      (a)sole
P C CONNECTION COM                   Common Stock      69318J100            347,700         6100    (a)sole      n/a      (a)sole
PACIFIC GULF PPTYS INC COM           Common Stock      694396102            263,156        10500    (a)sole      n/a      (a)sole
PAPA JOHNS INTL INC COM              Common Stock      698813102            372,400        15200    (a)sole      n/a      (a)sole
PATTERSON ENERGY INC COM             Common Stock      703414102            267,900         9400    (a)sole      n/a      (a)sole
PAXAR CORP COM                       Common Stock      704227107            389,163        32600    (a)sole      n/a      (a)sole
PAYCHEX INC COM                      Common Stock      704326107            205,800         4900    (a)sole      n/a      (a)sole
PECO                                 Common Stock      693304107          6,046,875       150000    (a)sole      n/a      (a)sole
PEPSICO INC COM                      Common Stock      713448108         17,126,213       385400    (a)sole      n/a      (a)sole
PERKINELMER INC COM                  Common Stock      714046109            251,275         3800    (a)sole      n/a      (a)sole
PERRIGO CO COM                       Common Stock      714290103            293,531        46500    (a)sole      n/a      (a)sole
PERUSAHAAN PERS INDO SATELL SP       Common Stock      715680104            130,813        11500    (a)sole      n/a      (a)sole
PETSMART INC COM                     Common Stock      716768106            280,125        83000    (a)sole      n/a      (a)sole
PFIZER INC COM                       Common Stock      717081103         16,785,600       349700    (a)sole      n/a      (a)sole
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
Phoenix/Zweig Advisers SEC Form 13F 06/30/2000
Item 1                                  Item 2           Item 3            Item 4       Item 5      Item 6     Item 7     Item 8
-----------------------------------------------------------------------------------------------------------------------------------
                                      Title of                             Market       Shares    Investment              Voting
Name of Issuer                          Class            Cusip              Value        Owned    Discretion   Manager   Authority
<S>                                  <C>               <C>               <C>              <C>       <C>          <C>      <C>
PG&E CORP COM                        Common Stock      69331C108            206,850         8400    (a)sole      n/a      (a)sole
PHARMACIA CORP                       Common Stock      71713U102          6,202,500       120000    (a)sole      n/a      (a)sole
PHILIP MORRIS COS INC COM            Common Stock      718154107          2,874,063       108200    (a)sole      n/a      (a)sole
PHILLIPS PETE CO COM                 Common Stock      718507106          1,297,600        25600    (a)sole      n/a      (a)sole
PHOENIX TECHNOLOGY LTD COM           Common Stock      719153108            355,613        21800    (a)sole      n/a      (a)sole
PIER 1 IMPORTS INC COM               Common Stock      720279108            985,725       101100    (a)sole      n/a      (a)sole
PINNACLE ENTMT INC COM               Common Stock      723456109            347,931        17900    (a)sole      n/a      (a)sole
PINNACLE SYS INC COM                 Common Stock      723481107            308,036        13700    (a)sole      n/a      (a)sole
PIONEER NAT RES CO COM               Common Stock      723787107            224,400        17600    (a)sole      n/a      (a)sole
PIONEER STD ELECTRS INC COM          Common Stock      723877106            461,675        31300    (a)sole      n/a      (a)sole
PITTSTON CO COM BRINKS GRP           Common Stock      725701106            255,956        18700    (a)sole      n/a      (a)sole
PIVOTAL CORP COM                     Common Stock      72581R106            213,850         9100    (a)sole      n/a      (a)sole
PLEXUS CORP COM                      Common Stock      729132100            418,100         3700    (a)sole      n/a      (a)sole
PNC FINL SVCS GROUP INC COM          Common Stock      693475105          4,560,938        97300    (a)sole      n/a      (a)sole
POGO PRODUCING CO COM                Common Stock      730448107            500,025        22600    (a)sole      n/a      (a)sole
POLYCOM INC COM                      Common Stock      73172K104            263,463         2800    (a)sole      n/a      (a)sole
POLYMER GROUP INC COM                Common Stock      731745105            121,175        13100    (a)sole      n/a      (a)sole
POWER-ONE INC COM                    Common Stock      739308104            518,416         4550    (a)sole      n/a      (a)sole
POWERTEL INC COM                     Common Stock      73936C109            205,719         2900    (a)sole      n/a      (a)sole
POWERWAVE TECHNOLOGIES INC COM       Common Stock      739363109            338,800         7700    (a)sole      n/a      (a)sole
PREDICTIVE SYS INC COM               Common Stock      74036W102            283,906         7900    (a)sole      n/a      (a)sole
PRI AUTOMATION INC COM               Common Stock      69357H106            398,883         6100    (a)sole      n/a      (a)sole
PRICE T ROWE & ASSOCIATES COM        Common Stock      741477103            369,750         8700    (a)sole      n/a      (a)sole
PRIMUS TELECOMMUNICATIONS G CO       Common Stock      741929103            233,825         9400    (a)sole      n/a      (a)sole
PRIORITY HEALTHCARE CORP CL B        Common Stock      74264T102            691,106         9300    (a)sole      n/a      (a)sole
PROCTER & GAMBLE CO COM              Common Stock      742718109          2,209,850        38600    (a)sole      n/a      (a)sole
PROGRESS SOFTWARE CORP COM           Common Stock      743312100            473,550        26400    (a)sole      n/a      (a)sole
PROVIDIAN FINL CORP COM              Common Stock      74406A102          3,924,000        43600    (a)sole      n/a      (a)sole
PSS WORLD MED INC COM                Common Stock      69366A100            225,750        33600    (a)sole      n/a      (a)sole
PUBLIC SVC ENTERPRISE GROUP CO       Common Stock      744573106          1,097,613        31700    (a)sole      n/a      (a)sole
QUALCOMM INC COM                     Common Stock      747525103          6,036,000       100600    (a)sole      n/a      (a)sole
QUANTA SVCS INC COM                  Common Stock      74762E102            253,000         4600    (a)sole      n/a      (a)sole
QUANTUM CORP COM HDDG                Common Stock      747906303            338,513        30600    (a)sole      n/a      (a)sole
QUEBECOR WORLD INC COM NON-VTG       Common Stock      748203106            382,859        15788    (a)sole      n/a      (a)sole
QUESTAR CORP COM                     Common Stock      748356102            234,438        12100    (a)sole      n/a      (a)sole
QUORUM HEALTH GROUP INC COM          Common Stock      749084109            457,875        44400    (a)sole      n/a      (a)sole
RANGER OIL LTD COM                   Common Stock      752805101          1,213,300       220600    (a)sole      n/a      (a)sole
RARE MEDIUM GROUP INC COM            Common Stock      75382N109            226,119        14300    (a)sole      n/a      (a)sole
RAYMOND JAMES FINANCIAL INC CO       Common Stock      754730109            729,000        32400    (a)sole      n/a      (a)sole
RECKSON ASSOCS RLTY CORP COM         Common Stock      75621K106          1,477,250        62200    (a)sole      n/a      (a)sole
RELIANCE STEEL & ALUMINUM C CO       Common Stock      759509102            600,047        31375    (a)sole      n/a      (a)sole
REMEDY CORP COM                      Common Stock      759548100            607,675        10900    (a)sole      n/a      (a)sole
RENT A CTR INC NEW COM               Common Stock      76009N100            290,250        12900    (a)sole      n/a      (a)sole
REPUBLIC BANCORP INC COM             Common Stock      760282103            159,704        17869    (a)sole      n/a      (a)sole
ROADWAY EXPRESS INC DEL COM          Common Stock      769742107            229,688         9800    (a)sole      n/a      (a)sole
ROBOTIC VISION SYS INC COM           Common Stock      771074101            320,400        17800    (a)sole      n/a      (a)sole
ROLLINS TRUCK LEASING CORP COM       Common Stock      775741101            172,744        24900    (a)sole      n/a      (a)sole
ROWAN COS INC COM                    Common Stock      779382100            218,700         7200    (a)sole      n/a      (a)sole
ROYAL DUTCH PETE CO NY REG GLD       Common Stock      780257804            357,063         5800    (a)sole      n/a      (a)sole
RSA SEC INC COM                      Common Stock      749719100            200,825         2900    (a)sole      n/a      (a)sole
RUBY TUESDAY INC COM                 Common Stock      781182100          1,130,625        90000    (a)sole      n/a      (a)sole
SAFEWAY INC COM NEW                  Common Stock      786514208          5,706,000       126800    (a)sole      n/a      (a)sole
Sanmina Corp.                        Common Stock      800907107          6,412,500        75000    (a)sole      n/a      (a)sole
SANTA FE SNYDER CORP COM             Common Stock      80218K105            805,350        70800    (a)sole      n/a      (a)sole
SBC COMMUNICATIONS INC COM           Common Stock      78387G103         14,857,802       343533    (a)sole      n/a      (a)sole
SCHERING PLOUGH CORP COM             Common Stock      806605101         15,629,750       309500    (a)sole      n/a      (a)sole
SCHOLASTIC CORP COM                  Common Stock      807066105            244,500         4000    (a)sole      n/a      (a)sole
SCHULMAN A INC COM                   Common Stock      808194104            125,450        10400    (a)sole      n/a      (a)sole
SCHWAB CHARLES CORP NEW COM          Common Stock      808513105            223,606         6650    (a)sole      n/a      (a)sole
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
Phoenix/Zweig Advisers SEC Form 13F 06/30/2000
Item 1                                  Item 2           Item 3            Item 4       Item 5      Item 6     Item 7     Item 8
-----------------------------------------------------------------------------------------------------------------------------------
                                      Title of                             Market       Shares    Investment              Voting
Name of Issuer                          Class            Cusip              Value        Owned    Discretion   Manager   Authority
<S>                                  <C>               <C>               <C>              <C>       <C>          <C>      <C>
SCIENTIFIC ATLANTA INC COM           Common Stock      808655104          2,309,500        31000    (a)sole      n/a      (a)sole
SEAGATE TECHNOLOGY COM               Common Stock      811804103          2,854,500        51900    (a)sole      n/a      (a)sole
SEMTECH CORP COM                     Common Stock      816850101            711,305         9300    (a)sole      n/a      (a)sole
SENSORMATIC ELECTRS CORP COM         Common Stock      817265101            730,538        46200    (a)sole      n/a      (a)sole
SERENA SOFTWARE INC COM              Common Stock      817492101            563,038        12400    (a)sole      n/a      (a)sole
SHAW INDS INC COM                    Common Stock      820286102            153,750        12300    (a)sole      n/a      (a)sole
SHELL TRANS & TRADING PLC NEW        Common Stock      822703609            219,725         4400    (a)sole      n/a      (a)sole
SHERWIN WILLIAMS CO COM              Common Stock      824348106            311,456        14700    (a)sole      n/a      (a)sole
SHIRE PHARMACEUTICALS GRP P SP       Common Stock      82481R106          1,089,064        20994    (a)sole      n/a      (a)sole
SICOR INC COM                        Common Stock      825846108            329,600        41200    (a)sole      n/a      (a)sole
SIEBEL SYS INC COM                   Common Stock      826170102          1,717,406        10500    (a)sole      n/a      (a)sole
SILICON VY BANCSHARES COM            Common Stock      827064106            583,963        13700    (a)sole      n/a      (a)sole
SILICON VY GROUP INC COM             Common Stock      827066101            884,925        34200    (a)sole      n/a      (a)sole
SITEL CORP COM                       Common Stock      82980K107          1,142,538       231400    (a)sole      n/a      (a)sole
SOLECTRON CORP COM                   Common Stock      834182107          2,144,000        51200    (a)sole      n/a      (a)sole
SOUTHERN CO COM                      Common Stock      842587107            254,106        10900    (a)sole      n/a      (a)sole
SOUTHWEST BANCORPORATION TE CO       Common Stock      84476R109            358,975        17300    (a)sole      n/a      (a)sole
SOVEREIGN BANCORP INC COM            Common Stock      845905108            488,672        69500    (a)sole      n/a      (a)sole
SPARTECH CORP COM NEW                Common Stock      847220209            526,500        19500    (a)sole      n/a      (a)sole
SPHERION CORP COM                    Common Stock      848420105            791,650        44600    (a)sole      n/a      (a)sole
SPIEKER PPTYS INC COM                Common Stock      848497103            266,800         5800    (a)sole      n/a      (a)sole
SPRINT CORP COM FON GROUP            Common Stock      852061100            300,900         5900    (a)sole      n/a      (a)sole
SPRINT CORP PCS COM SER 1            Common Stock      852061506          2,427,600        40800    (a)sole      n/a      (a)sole
STANCORP FINL GROUP INC COM          Common Stock      852891100            446,538        13900    (a)sole      n/a      (a)sole
STANDARD PAC CORP NEW COM            Common Stock      85375C101            355,000        35500    (a)sole      n/a      (a)sole
STATION CASINOS INC COM              Common Stock      857689103            293,333        17600    (a)sole      n/a      (a)sole
STEIN MART INC COM                   Common Stock      858375108            385,400        37600    (a)sole      n/a      (a)sole
STEWART & STEVENSON SVCS IN CO       Common Stock      860342104            885,675        58800    (a)sole      n/a      (a)sole
STEWART ENTERPRISES INC CL A         Common Stock      860370105            902,941       255700    (a)sole      n/a      (a)sole
STILLWATER MNG CO COM                Common Stock      86074Q102            253,663         9100    (a)sole      n/a      (a)sole
STRIDE RITE CORP COM                 Common Stock      863314100            305,638        49900    (a)sole      n/a      (a)sole
SUN MICROSYSTEMS INC COM             Common Stock      866810104         17,241,750       189600    (a)sole      n/a      (a)sole
SUNOCO INC COM                       Common Stock      86764P109            270,825         9200    (a)sole      n/a      (a)sole
SUNTRUST BKS INC COM                 Common Stock      867914103            264,988         5800    (a)sole      n/a      (a)sole
SUPERVALU INC COM                    Common Stock      868536103            239,978        12589    (a)sole      n/a      (a)sole
SYBASE INC COM                       Common Stock      871130100          1,044,200        45400    (a)sole      n/a      (a)sole
SYCAMORE NETWORKS INC COM            Common Stock      871206108            860,925         7800    (a)sole      n/a      (a)sole
SYKES ENTERPRISES INC COM            Common Stock      871237103            166,088        12900    (a)sole      n/a      (a)sole
SYSCO CORP COM                       Common Stock      871829107            294,875         7000    (a)sole      n/a      (a)sole
talisman energy inc                  Common Stock      87425e103          3,312,500       100000    (a)sole      n/a      (a)sole
TECHNE CORP COM                      Common Stock      878377100            403,000         3100    (a)sole      n/a      (a)sole
TEKELEC COM                          Common Stock      879101103            289,125         6000    (a)sole      n/a      (a)sole
TELE NORTE LESTE                     Common Stock      879246106          3,543,750       150000    (a)sole      n/a      (a)sole
TELEFONOS DE MEXICO S A SPON A       Common Stock      879403780          5,821,038       101900    (a)sole      n/a      (a)sole
telephone & data systems             Common Stock      879433100          5,012,500        50000    (a)sole      n/a      (a)sole
TELETECH HOLDINGS INC COM            Common Stock      879939106            372,750        12000    (a)sole      n/a      (a)sole
TELLABS INC COM                      Common Stock      879664100          2,470,594        36100    (a)sole      n/a      (a)sole
TENET HEALTHCARE CORP COM            Common Stock      88033G100          1,452,600        53800    (a)sole      n/a      (a)sole
TENFOLD CORP COM                     Common Stock      88033A103            175,881        10700    (a)sole      n/a      (a)sole
TERADYNE INC COM                     Common Stock      880770102          3,042,900        41400    (a)sole      n/a      (a)sole
TERAYON COMMUNICATION SYS COM        Common Stock      880775101            321,172         5000    (a)sole      n/a      (a)sole
TESORO PETE CORP COM                 Common Stock      881609101            132,638        13100    (a)sole      n/a      (a)sole
TETRA TECH INC NEW COM               Common Stock      88162G103            295,088        12900    (a)sole      n/a      (a)sole
TEVA PHARMACEUTICAL INDS LT AD       Common Stock      881624209            426,869         7700    (a)sole      n/a      (a)sole
TEXACO INC COM                       Common Stock      881694103          3,056,550        57400    (a)sole      n/a      (a)sole
TEXAS INSTRS INC COM                 Common Stock      882508104          3,070,331        44700    (a)sole      n/a      (a)sole
THERMO INSTR SYS INC COM             Common Stock      883559106            358,125        19100    (a)sole      n/a      (a)sole
TIMKEN CO COM                        Common Stock      887389104            638,838        34300    (a)sole      n/a      (a)sole
TITAN CORP COM                       Common Stock      888266103            447,500        10000    (a)sole      n/a      (a)sole
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
Phoenix/Zweig Advisers SEC Form 13F 06/30/2000
Item 1                                  Item 2           Item 3            Item 4       Item 5      Item 6     Item 7     Item 8
-----------------------------------------------------------------------------------------------------------------------------------
                                      Title of                             Market       Shares    Investment              Voting
Name of Issuer                          Class            Cusip              Value        Owned    Discretion   Manager   Authority
<S>                                  <C>               <C>            <C>                 <C>       <C>          <C>      <C>
TJX COS INC NEW COM                  Common Stock      872540109          1,738,125        92700    (a)sole      n/a      (a)sole
TOLL BROTHERS INC COM                Common Stock      889478103            264,450        12900    (a)sole      n/a      (a)sole
TOPPS INC COM                        Common Stock      890786106          1,436,350       124900    (a)sole      n/a      (a)sole
TOTAL RENAL CARE HLDGS INC COM       Common Stock      89151A107            265,800        44300    (a)sole      n/a      (a)sole
TOWER AUTOMOTIVE INC COM             Common Stock      891707101            346,250        27700    (a)sole      n/a      (a)sole
TRANS WORLD ENTMT CORP COM           Common Stock      89336Q100            263,113        21700    (a)sole      n/a      (a)sole
TRANSOCEAN SEDCO FOREX INC ORD       Common Stock      G90078109          7,668,281       143500    (a)sole      n/a      (a)sole
TRANSWITCH CORP COM                  Common Stock      894065101            746,789         9675    (a)sole      n/a      (a)sole
TRAVELOCITY COM INC COM              Common Stock      893953109            309,488        18900    (a)sole      n/a      (a)sole
TRENDWEST RESORTS INC COM            Common Stock      894917103            230,588        14300    (a)sole      n/a      (a)sole
TRIAD HOSPITALS INC COM              Common Stock      89579K109            331,369        13700    (a)sole      n/a      (a)sole
TRIBUNE CO NEW COM                   Common Stock      896047107          1,788,500        51100    (a)sole      n/a      (a)sole
TRICON GLOBAL RESTAURANTS COM        Common Stock      895953107          1,186,500        42000    (a)sole      n/a      (a)sole
TRIMBLE NAVIGATION LTD COM           Common Stock      896239100            600,394        12300    (a)sole      n/a      (a)sole
TUBOS DE ACERO DE MEXICO S ADR       Common Stock      898592506            331,613        23900    (a)sole      n/a      (a)sole
TUPPERWARE CORP COM                  Common Stock      899896104          1,353,000        61500    (a)sole      n/a      (a)sole
TXU CORP COM                         Common Stock      873168108          3,280,400       111200    (a)sole      n/a      (a)sole
TYCO INTL LTD NEW COM                Common Stock      902124106         14,131,963       298300    (a)sole      n/a      (a)sole
TYSON FOODS INC CL A                 Common Stock      902494103            196,000        22400    (a)sole      n/a      (a)sole
U S G CORP COM NEW                   Common Stock      903293405            297,675         9800    (a)sole      n/a      (a)sole
U S WEST INC NEW COM                 Common Stock      91273H101          5,522,300        64400    (a)sole      n/a      (a)sole
ULTRAMAR DIAMOND SHAMROCK C CO       Common Stock      904000106          1,630,181        65700    (a)sole      n/a      (a)sole
UNITED DOMINION REALTY TR I CO       Common Stock      910197102          2,194,500       199500    (a)sole      n/a      (a)sole
UNITED STATES CELLULAR CORP CO       Common Stock      911684108          2,627,100        41700    (a)sole      n/a      (a)sole
UNITED STATIONERS INC COM            Common Stock      913004107            689,588        21300    (a)sole      n/a      (a)sole
UNITED TECHNOLOGIES CORP COM         Common Stock      913017109            217,838         3700    (a)sole      n/a      (a)sole
UNITEDHEALTH GROUP INC COM           Common Stock      91324P102          7,022,925        81900    (a)sole      n/a      (a)sole
US BANCORP DEL COM                   Common Stock      902973106            217,525        11300    (a)sole      n/a      (a)sole
US ONCOLOGY INC COM                  Common Stock      90338W103            465,500        93100    (a)sole      n/a      (a)sole
Usinternetworking                    Common Stock      917311805          2,043,750       100000    (a)sole      n/a      (a)sole
USX MARATHON GROUP COM NEW           Common Stock      902905827          9,147,813       365000    (a)sole      n/a      (a)sole
UTILICORP UTD INC COM                Common Stock      918005109            603,206        30350    (a)sole      n/a      (a)sole
VALERO ENERGY CORP NEW COM           Common Stock      91913Y100            882,650        27800    (a)sole      n/a      (a)sole
VARIAN INC COM                       Common Stock      922206107            945,563        20500    (a)sole      n/a      (a)sole
VARIAN SEMICONDUCTOR EQUIPM CO       Common Stock      922207105            854,250        13600    (a)sole      n/a      (a)sole
VENATOR GROUP INC COM                Common Stock      922944103          1,082,400       105600    (a)sole      n/a      (a)sole
VERIZON COMMUNICATIONS COM           Common Stock      92343V104          2,927,816        57620    (a)sole      n/a      (a)sole
VIACOM INC CL B                      Common Stock      925524308            267,090         3917    (a)sole      n/a      (a)sole
Viacom Intern'l "B"                  Common Stock      925524308          6,818,750       100000    (a)sole      n/a      (a)sole
VINTAGE PETE INC COM                 Common Stock      927460105            778,406        34500    (a)sole      n/a      (a)sole
VOICESTREAM WIRELESS CORP COM        Common Stock      928615103            380,872         3275    (a)sole      n/a      (a)sole
VORNADO RLTY TR SH BEN INT           Common Stock      929042109            215,450         6200    (a)sole      n/a      (a)sole
WADDELL & REED FINL INC CL A         Common Stock      930059100            607,031        18500    (a)sole      n/a      (a)sole
WAL MART STORES INC COM              Common Stock      931142103          8,989,500       156000    (a)sole      n/a      (a)sole
WALLACE COMPUTER SERVICES I CO       Common Stock      932270101            106,650        10800    (a)sole      n/a      (a)sole
Washington Mutual                    Common Stock      939322103          3,609,375       125000    (a)sole      n/a      (a)sole
WEBTRENDS CORP COM                   Common Stock      94844D104            383,006         9900    (a)sole      n/a      (a)sole
WELLS FARGO & CO NEW COM             Common Stock      949746101          2,999,250        77400    (a)sole      n/a      (a)sole
WEST TELESERVICES CORP COM           Common Stock      956188106            225,281         8900    (a)sole      n/a      (a)sole
WESTELL TECHNOLOGIES INC CL A        Common Stock      957541105            303,000        20200    (a)sole      n/a      (a)sole
WESTERN GAS RES INC COM              Common Stock      958259103            577,500        27500    (a)sole      n/a      (a)sole
WILLIAMS COS INC DEL COM             Common Stock      969457100          5,231,781       125500    (a)sole      n/a      (a)sole
WINNEBAGO INDS INC COM               Common Stock      974637100            352,688        27000    (a)sole      n/a      (a)sole
WOLVERINE WORLD WIDE INC COM         Common Stock      978097103            319,950        32400    (a)sole      n/a      (a)sole
WORLDCOM INC GA NEW COM              Common Stock      98157D106         15,258,025       332600    (a)sole      n/a      (a)sole
WORTHINGTON INDS INC COM             Common Stock      981811102          1,198,575       114150    (a)sole      n/a      (a)sole
YAHOO INC COM                        Common Stock      984332106          6,565,375        53000    (a)sole      n/a      (a)sole
YELLOW CORP COM                      Common Stock      985509108            421,850        28600    (a)sole      n/a      (a)sole
ZALE CORP NEW COM                    Common Stock      988858106            251,850         6900    (a)sole      n/a      (a)sole
ZOMAX INC MINN COM                   Common Stock      989929104            422,625        32200    (a)sole      n/a      (a)sole

                                                                      1,179,285,564
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