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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F Cover Page
THIS FILING LISTS SECURITIES HOLDINGS REPORTED ON THE FORM 13F FILED ON
8/16/99 PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND FOR WHICH
CONFIDENTIAL TREATMENT EXPIRED ON 8/14/00
Report for the Calendar Year or Quarter Ended June 30, 1999
If amended report check here: |_| Amendment Number: 1
This Amendment (Check only one): |_| is a restatement
|x| adds new holding
entries.
Goldman Sachs Group, Inc. (The)
--------------------------------------------------------------------------------
Name of Institutional Investment Manager
85 Broad St. New York NY 10004
--------------------------------------------------------------------------------
Business Address (Street) (City) (State) (Zip)
13F File Number: 28-687
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, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Hans L. Reich Vice President, Director of Compliance (212) 902-4093
--------------------------------------------------------------------------------
Name (Title) (Phone)
/s/ Hans L. Reich
------------------------------------------
(Manual Signature of Person Duly
Authorized to Submit This Report)
New York NY, August 14, 2000
------------------------------------------
(Place and Date of Signing)
Report Type:
[ x ] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
3
Number of Other Included Managers: ____________
1,246
Form 13F Information Table Entry Total: _____________
6,368,582.70
Form 13F Information Table Value Total: $____________
(thousands)
Information for which The Goldman Sachs Group, Inc. is requesting confidential
treatment has been omitted and filed separately with the Commission.
List of Other Included Managers:
Name and 13F file numbers of ALL Institutional Investment Managers with respect
to which this schedule is filed (other than the one filing this report): (List
in alphabetical order).
[If there are no entries in this list, state "NONE" and omit the column headings
and list entries.]
13F File Numbers will be assigned to Institutional Investment Managers after
they file their first report.
13F File No.: Name: 13F File No.: Name:
------------- --------------------- ------------- ---------------------
1. Amalgatrust Co. 6.
------------- --------------------- ------------- ---------------------
2. CIN Management 7.
------------- --------------------- ------------- ---------------------
3. 28-687 Goldman, Sachs & Co. 8.
------------- --------------------- ------------- ---------------------
4. 9.
------------- --------------------- ------------- ---------------------
5. 10.
------------- --------------------- ------------- ---------------------
<PAGE>
FORM 13F
INFORMATION TABLE
PAGE 1
<TABLE>
<CAPTION>
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
FAIR VOTING AUTHORITY
TITLE MARKET SHARES OR Put/ Inv
NAME OF ISSUER OF CUSIP VALUE PRINCIPAL SH/PRN Call Dsc Mana- SOLE SHARED NONE
CLASS NUMBER (x$1000) AMOUNT (A) (B) (C) gers (A) (B) (C)
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
24/7 MEDIA INC COM 901314104 18,942.00 492,000 SH SH-DEF 3 492,000
3COM CORP COM 885535104 3,376.60 126,525 SH SH-DEF 3 126,525
A.H. BELO CORP SER A COM 080555105 218.50 11,100 SH SH-DEF 3 11,100
ABBOTT LABORATORIES COM 002824100 17,948.20 395,553 SH SH-DEF 3 395,553
ACER INC GDS 144A SHS COM 004433108 1,674.00 131,875 SH SH-DEF 3 131,875
ADC TELECOMMUNICATIONS INC COM 000886101 688.00 15,100 SH SH-DEF 3 15,100
ADC TELECOMMUNICATIONS INC CLL 000886101 155.00 155,000 SH CLL SH-DEF 3 155,000
ADELPHIA COMMUNICATIONS PFD 006848402 1,235.00 6,395 SH SH-DEF 3 6,395
ADELPHIA COMMUNICATIONS CP CLA COM 006848105 329.40 5,177 SH SH-DEF 3 5,177
ADOBE SYSTEMS INC COM 00724F101 1,154.50 14,053 SH SH-DEF 3 14,053
ADOLPH COORS CO CL B COM 217016104 832.80 16,825 SH SH-DEF 3 16,825
ADVANCED FIBRE COMMUNICATIONS COM 00754A105 281.50 18,017 SH SH-DEF 3 18,017
ADVANCED MICRO DEVICES INC COM 007903107 888.80 49,209 SH SH-DEF 3 49,209
ADVANCED MICRO DEVICES INC PUT 007903107 240.00 160,000 SH PUT SH-DEF 3 160,000
AEGON N V AMER REG COM 007924103 1,183.00 16,000 SH SH-DEF 3 16,000
AES CORP. COM 00130H105 2,424.20 41,707 SH SH-DEF 3 41,707
AETNA INC COM 008117103 3,282.30 36,699 SH SH-DEF 3 36,699
AFFILIATED COMPUTER CNV 008190AC4 10,059.40 7,500,000 SH SH-DEF 3 7,500,000
AFLAC CORP (NEW) COM 001055102 2,973.90 62,117 SH SH-DEF 3 62,117
AGRIBRANDS INTERNATIONAL INC COM 00849R105 3,956.30 100,000 SH SH-DEF 3 100,000
AIR PRODUCTS & CHEMICALS INC COM 009158106 2,325.80 57,785 SH SH-DEF 3 57,785
AIRTOUCH COMMUNICATIONS INC COM 00949T100 10,166.80 94,438 SH SH-DEF 3 94,438
AIRTOUCH COMMUNICATIONS INC PFD 00949T308 77,434.90 524,538 SH SH-DEF 3 524,538
AKZO NOBEL N.V SPONSORED ADR COM 010199305 423.80 10,000 SH SH-DEF 3 10,000
ALBERTSONS INC COM 013104104 5,549.00 107,616 SH SH-DEF 3 107,616
ALCAN ALUMINUM LTD (NEW) COM 013716105 1,947.60 60,983 SH SH-DEF 3 60,983
ALCOA INC COM 013817101 6,266.50 101,277 SH SH-DEF 3 101,277
ALLEGHENY ENERGY INC. COM 017361106 234.10 7,300 SH SH-DEF 3 7,300
ALLEGHENY TELEDYNE INC COM 017415100 870.40 38,469 SH SH-DEF 3 38,469
ALLERGAN INC COM 018490102 1,449.10 13,055 SH SH-DEF 3 13,055
ALLIED WASTE INDUSTRIES INC PUT 019589308 84.40 45,000 SH PUT SH-DEF 3 45,000
ALLIED-SIGNAL INC COM 019512102 23,381.20 371,130 SH SH-DEF 3 371,130
ALLSTATE CORP COM 020002101 7,249.40 202,075 SH SH-DEF 3 202,075
ALLTEL CORP COM 020039103 4,682.60 65,491 SH SH-DEF 3 65,491
ALPHA CREDIT BANK GDR COM 020991352 575.10 36,000 SH SH-DEF 3 36,000
ALPHA-BETA TECHNOLOGY INC COM 02071K105 44.20 62,800 SH SH-DEF 3 62,800
ALTERA CORP COM 021441100 735.40 19,976 SH SH-DEF 3 19,976
ALZA CORP CLASS A COM 022615108 967.20 19,012 SH SH-DEF 3 19,012
ALZA CORP SUB DEB CONV CNV 022615AD0 15,676.20 11,339,000 SH SH-DEF 3 11,339,000
ALZA CORP SUB NT CONV CNV 022615AC2 28,578.70 43,178,000 SH SH-DEF 3 43,178,000
AMAZON.COM INC COM 023135106 2,377.40 19,000 SH SH-DEF 3 19,000
AMBAC FINANCIAL GROUP INC COM 023139108 279.90 4,900 SH SH-DEF 3 4,900
AMDOCS LIMITED COM G02602103 10,353.50 455,100 SH SH-DEF 3 455,100
AMER GREETINGS CORP CL A COM 026375105 565.50 18,772 SH SH-DEF 3 18,772
AMER HOME PROD CORP COM 026609107 18,000.30 313,730 SH SH-DEF 3 313,730
AMER INTL GROUP INC PUT 026874107 115.20 97,000 SH PUT SH-DEF 3 97,000
AMER INTL GROUP INC COM 026874107 35,710.50 304,567 SH SH-DEF 3 304,567
AMERADA HESS CORP. COM 023551104 883.00 14,840 SH SH-DEF 3 14,840
AMEREN CORP COM 023608102 1,370.10 35,703 SH SH-DEF 3 35,703
AMERICA ON-LINE INC. CONV NTS CNV 02364JAA2 1,058.40 125,000 SH SH-DEF 3 125,000
AMERICA ONLINE INC DEL COM 02364J104 48,592.70 441,752 SH SH-DEF 3 441,752
AMERICA ONLINE INC DEL CLL 02364J104 113.40 15,000 SH CLL SH-DEF 3 15,000
AMERICA ONLINE INC DEL CLL 02364J104 840.00 30,000 SH CLL SH-DEF 3 30,000
AMERICA ONLINE INC DEL CLL 02364J104 2,520.00 40,000 SH CLL SH-DEF 3 40,000
AMERICA ONLINE INC DEL CLL 02364J104 54.70 125,000 SH CLL SH-DEF 3 125,000
AMERICAN ELECTRIC POWER INC COM 025537101 1,618.90 43,098 SH SH-DEF 3 43,098
AMERICAN EQUINE PRODUCTS INC COM 02567C104 0.00 54,300 SH SH-DEF 3 54,300
AMERICAN EXPRESS CO. COM 025816109 14,081.60 108,216 SH SH-DEF 3 108,216
AMERICAN GEN CORP PFD PFD 026351809 384.30 6,100 SH SH-DEF 3 6,100
AMERICAN GENERAL CORP COM 026351106 6,770.00 89,818 SH SH-DEF 3 89,818
AMERITECH CORP COM 030954101 17,943.60 244,130 SH SH-DEF 3 244,130
AMGEN INC COM 031162100 6,620.70 108,759 SH SH-DEF 3 108,759
AMPHENOL CORP CL-A (NEW) COM 032095101 687.90 17,306 SH SH-DEF 3 17,306
AMR CORP (DEL) COM 001765106 2,834.10 41,526 SH SH-DEF 3 41,526
AMRE INC COM 032153108 0.20 40,000 SH SH-DEF 3 40,000
AMSOUTH BANCORP COM 032165102 966.80 41,693 SH SH-DEF 3 41,693
ANADARKO PETROLEUM CORP COM 032511107 1,070.90 29,090 SH SH-DEF 3 29,090
ANALOG DEVICES INC COM 032654105 351.30 7,000 SH SH-DEF 3 7,000
ANALOG DEVICES INC CLL 032654105 3,894.70 257,500 SH CLL SH-DEF 3 257,500
ANDREW CORP COM 034425108 681.80 36,003 SH SH-DEF 3 36,003
ANHEUSER BUSCH COS INC. COM 035229103 8,160.70 115,041 SH SH-DEF 3 115,041
ANICOM INC COM 035250109 630.00 60,000 SH SH-DEF 3 60,000
ANSALDO SIGNAL NV COM N05515106 1,540.50 474,000 SH SH-DEF 3 474,000
AO MOSENERGO SPON ADR COM 037376308 584.30 130,435 SH SH-DEF 3 130,435
AON CORP COM 037389103 1,977.00 47,927 SH SH-DEF 3 47,927
APACHE CORP. COM 037411105 1,018.20 26,107 SH SH-DEF 3 26,107
APACHE CORP DPS ACES CNV 037411600 2,293.10 62,825 SH SH-DEF 3 62,825
APL CORP COM 002024107 1.40 143,000 SH SH-DEF 3 143,000
APOLLO GROUP COM 037604105 228.40 8,600 SH SH-DEF 3 8,600
APP GLOBAL FINANCE VI CONV BDS CNV 00202NAA3 4,085.80 20,429,000 SH SH-DEF 3 20,429,000
APPLE COMPUTER INC COM 037833100 1,869.80 40,373 SH SH-DEF 3 40,373
APPLE COMPUTER INC PUT 037833100 8.40 90,000 SH PUT SH-DEF 3 90,000
APPLE COMPUTER INC PUT 037833100 3.10 100,000 SH PUT SH-DEF 3 100,000
APPLE COMPUTER INC CLL 037833100 320.20 47,000 SH CLL SH-DEF 3 47,000
APPLIED MAGNETICS CORP COM 038213104 1,146.60 366,900 SH SH-DEF 3 366,900
APPLIED MAGNETICS CP SUB CV CNV 038213AA2 749.30 3,090,000 SH SH-DEF 3 3,090,000
APPLIED MATERIALS INC COM 038222105 10,104.00 136,772 SH SH-DEF 3 136,772
ARACRUZ CELULOSE S.A. (NEW) COM 038496204 497.20 22,600 SH SH-DEF 3 22,600
ARCH COMMUNICATION GROUP INC COM 039381108 446.90 150,523 SH SH-DEF 3 150,523
ARCH COMMUNICATIONS GROUP INC COM 039381504 2,253.20 265,079 SH SH-DEF 3 265,079
ARCHER DANIELS MIDLAND CO COM 039483102 1,961.10 127,033 SH SH-DEF 3 127,033
ARMSTRONG WORLD INDS INC COM 042476101 433.70 7,502 SH SH-DEF 3 7,502
ASCNET INC (PVT PLACEMENT) COM 04363M104 0.00 15,000 SH SH-DEF 3 15,000
ASHLAND INC COM 044204105 1,300.20 32,403 SH SH-DEF 3 32,403
ASSOCIATES FIRST CAPITAL COM 046008108 7,714.10 174,824 SH SH-DEF 3 174,824
ASTORIA FINANCIAL CORP COM 046265104 276.80 6,300 SH SH-DEF 3 6,300
ASUSTEK COMPUTER INC 144A GDR COM 04648R100 2,798.40 248,306 SH SH-DEF 3 248,306
AT ENTERTAINMENTINC COM 045920105 32,175.80 1,716,041 SH SH-DEF 3 1,716,041
AT HOME CORP SER-A PUT 045919107 17.10 19,500 SH PUT SH-DEF 3 19,500
AT HOME CORP SER-A PUT 045919107 63.80 20,000 SH PUT SH-DEF 3 20,000
AT HOME CORP SER-A COM 045919107 7,680.70 142,400 SH SH-DEF 3 142,400
AT HOME CORP SER-A PUT 045919107 228.10 50,000 SH PUT SH-DEF 3 50,000
AT HOME CORP SER-A CLL 045919107 296.90 50,000 SH CLL SH-DEF 3 50,000
AT HOME CORP SER-A CLL 045919107 357.80 53,000 SH CLL SH-DEF 3 53,000
AT HOME NETWORK CNV SUB DEB CNV 045919AA5 5,811.80 7,475,000 SH SH-DEF 3 7,475,000
AT&T CORP COM 001957109 43,478.60 779,011 SH SH-DEF 3 779,011
AT&T CORP LIBERTY MEDIA GRP CLA CLL 001957208 935.00 880,000 SH CLL SH-DEF 3 880,000
ATLANTIC RICHFIELD CO(DELAWARE COM 048825103 6,547.80 78,358 SH SH-DEF 3 78,358
AUTO CHEK CENTERS INC COM 05270F108 0.00 50,000 SH SH-DEF 3 50,000
AUTODESK INC COM 052769106 450.00 15,221 SH SH-DEF 3 15,221
AUTOMATIC COMMON EXCHANGE CNV 05300A202 3,463.00 195,100 SH SH-DEF 3 195,100
AUTOMATIC DATA PROCESSING INC COM 053015103 7,840.40 178,192 SH SH-DEF 3 178,192
AUTONATION INC COM 05329W102 216.70 12,164 SH SH-DEF 3 12,164
AUTONATION INC PUT 05329W102 51.60 150,000 SH PUT SH-DEF 3 150,000
AUTOZONE INC. COM 053332102 879.50 29,195 SH SH-DEF 3 29,195
AVERY DENNISON CORP COM 053611109 1,326.20 21,966 SH SH-DEF 3 21,966
AVISTA CORP COM 05379B107 419.30 25,800 SH SH-DEF 3 25,800
AVON PRODUCTS INC. COM 054303102 3,193.30 57,537 SH SH-DEF 3 57,537
AXYS PHARMACEUTICALS INC COM 054635107 1,753.10 519,450 SH SH-DEF 3 519,450
B F GOODRICH CO COM 382388106 1,189.40 27,985 SH SH-DEF 3 27,985
BAAN COMPANY N.V. COM N08044104 15,714.20 989,870 SH SH-DEF 3 989,870
BAKER HUGHES INC COM 057224107 16,616.00 495,999 SH SH-DEF 3 495,999
BALL CORP COM 058498106 264.40 6,259 SH SH-DEF 3 6,259
BANCO DE GALICIA ADR S.A. COM 059538207 237.90 11,750 SH SH-DEF 3 11,750
BANCO FRANCES S.A. COM 059591107 190.00 10,000 SH SH-DEF 3 10,000
BANCO RIO DE LA PLATA SA ADR COM 059644104 180.50 19,000 SH SH-DEF 3 19,000
BANK NEW YORK INC COM 064057102 6,736.60 183,622 SH SH-DEF 3 183,622
BANK OF AMERICA CORP (NEW) COM 060505104 31,288.50 426,783 SH SH-DEF 3 426,783
BANK OF AMERICA CORP (NEW) CLL 060505104 278.10 50,000 SH CLL SH-DEF 3 50,000
BANK ONE CORP (NEW) COM 06423A103 17,861.20 299,873 SH SH-DEF 3 299,873
BANKBOSTON CORP COM 06605R106 3,749.40 73,337 SH SH-DEF 3 73,337
BANPAIS S.A SPONSORED ADR COM 066700105 14.30 10,000 SH SH-DEF 3 10,000
BARD C R INC N J COM 067383109 1,012.90 21,184 SH SH-DEF 3 21,184
BARNES & NOBLE INC COM 067774109 249.10 9,100 SH SH-DEF 3 9,100
BARRICK GOLD CORP COM 067901108 3,842.60 198,329 SH SH-DEF 3 198,329
BASIX CORP (NEW) COM 070121207 0.60 12,170 SH SH-DEF 3 12,170
BATTLE MOUNTAIN GOLD CO CL-A COM 071593107 108.40 44,462 SH SH-DEF 3 44,462
BAUSCH & LOMB INC COM 071707103 1,037.20 13,558 SH SH-DEF 3 13,558
BAXTER INTL INC COM 071813109 4,683.60 77,255 SH SH-DEF 3 77,255
BB&T CORP COM 054937107 2,394.80 65,275 SH SH-DEF 3 65,275
BEA SYSTEMS INC COM 073325102 5,341.30 187,004 SH SH-DEF 3 187,004
BEA SYSTEMS INC CNV SUB CNV 073325AB8 16,516.90 13,800,000 SH SH-DEF 3 13,800,000
BEAR STEARNS COMPANIES INC COM 073902108 1,129.40 24,159 SH SH-DEF 3 24,159
BECTON DICKINSON & CO COM 075887109 1,702.40 56,748 SH SH-DEF 3 56,748
BED BATH & BEYOND INC COM 075896100 486.90 12,646 SH SH-DEF 3 12,646
BELCO OIL & GAS CORP. COM 077410108 489.80 70,600 SH SH-DEF 3 70,600
BELL ATLANTIC CORP COM 077853109 24,034.00 367,633 SH SH-DEF 3 367,633
BELLSOUTH CORP COM 079860102 21,965.60 476,219 SH SH-DEF 3 476,219
BEMIS COMPANY COM 081437105 421.00 10,592 SH SH-DEF 3 10,592
BERGEN BRUNSWIG CORP CL-A COM 083739102 179.40 10,400 SH SH-DEF 3 10,400
BEST BUY CO INC COM 086516101 1,248.80 18,500 SH SH-DEF 3 18,500
BEST PRODUCTS CO INC COM 086553104 0.90 53,755 SH SH-DEF 3 53,755
BESTFOODS COM 08658U101 3,650.40 73,745 SH SH-DEF 3 73,745
BETHLEHEM STEEL CORP COM 087509105 287.90 37,454 SH SH-DEF 3 37,454
BEVERLY ENTERPRISES INC COM 087851309 1,092.90 135,550 SH SH-DEF 3 135,550
BIOCHEM PHARMA INC PUT 09058T108 6.90 20,000 SH PUT SH-DEF 3 20,000
BIOGEN INC COM 090597105 157,079.40 2,442,440 SH SH-DEF 3 2,442,440
BIOMET INC COM 090613100 863.10 21,714 SH SH-DEF 3 21,714
BIOTECH INDX LONG TERM MKT INDX PUT 09066D103 172.50 20,000 SH PUT SH-DEF 3 20,000
BLACK & DECKER CORP COM 091797100 1,013.90 16,061 SH SH-DEF 3 16,061
BMC SOFTWARE INC COM 055921100 2,863.90 53,036 SH SH-DEF 3 53,036
BMC SOFTWARE INC CLL 055921100 642.20 68,500 SH CLL SH-DEF 3 68,500
BOEING COMPANY COM 097023105 9,770.80 222,063 SH SH-DEF 3 222,063
BOISE CASCADE CORP. COM 097383103 576.70 13,451 SH SH-DEF 3 13,451
BOSTON SCIENTIFIC CORP. COM 101137107 3,930.40 89,455 SH SH-DEF 3 89,455
BOULDER BREWING COMPANY COM 101406106 6.30 25,000 SH SH-DEF 3 25,000
BOWATER INC COM 102183100 274.80 5,800 SH SH-DEF 3 5,800
BP AMOCO PLC SPONS ADR COM 055622104 836.30 7,708 SH SH-DEF 3 7,708
BRE-X MINERALS LTD COM 10625K109 45.10 19,000 SH SH-DEF 3 19,000
BREED TECHNOLOGIES INC. COM 106702103 97.70 43,400 SH SH-DEF 3 43,400
BRISTOL MYERS SQUIBB CO CLL 110122108 34.40 10,000 SH CLL SH-DEF 3 10,000
BRISTOL MYERS SQUIBB CO CLL 110122108 150.20 15,500 SH CLL SH-DEF 3 15,500
BRISTOL MYERS SQUIBB CO COM 110122108 73,199.10 1,039,207 SH SH-DEF 3 1,039,207
BRITISH AIRWYS PLC ADR COM 110419306 399.30 5,590 SH SH-DEF 3 5,590
BRITISH SKY BROADCASTING GRP COM 111013108 48,479.70 863,781 SH SH-DEF 3 863,781
BROWN FORMAN CORP CL B COM 115637209 991.20 15,206 SH SH-DEF 3 15,206
BROWNING-FERRIS IND INC COM 115885105 1,940.90 45,137 SH SH-DEF 3 45,137
BRUNSWICK CORP. COM 117043109 676.40 24,265 SH SH-DEF 3 24,265
BSES LTD SPON GDR 144A COM 117764100 690.30 66,900 SH SH-DEF 3 66,900
BUFETE INDL SA SPONSORED ADR COM 11942H100 164.90 86,500 SH SH-DEF 3 86,500
BURLINGTON NORTHERN SANTA FE COM 12189T104 4,498.60 145,117 SH SH-DEF 3 145,117
BURLINGTON RESOURCES INC COM 122014103 1,695.10 39,193 SH SH-DEF 3 39,193
CABLE & WIRELESS COMMS ADR COM 12682P104 8,972.50 185,000 SH SH-DEF 3 185,000
CABLETRON SYSTEMS INC. COM 126920107 561.20 43,170 SH SH-DEF 3 43,170
CADENCE DESIGN SYSTEMS INC COM 127387108 199.50 15,800 SH SH-DEF 3 15,800
CADILLAC FAIRVIEW CORP COM 126929207 3,462.10 183,423 SH SH-DEF 3 183,423
CAI WIRELESS SYSTEMS (NEW) COM 12476P203 5,400.00 200,000 SH SH-DEF 3 200,000
CAMBRIAN SYS INC COM 132133109 0.20 10,500 SH SH-DEF 3 10,500
CAMPBELL SOUP CO COM 134429109 4,975.90 107,296 SH SH-DEF 3 107,296
CAMPBELL SOUP CO CLL 134429109 13.60 15,000 SH CLL SH-DEF 3 15,000
CAPITAL ONE FINANCIAL CORP COM 14040H105 2,515.60 45,173 SH SH-DEF 3 45,173
CARDINAL HEALTH INC COM 14149Y108 4,002.90 62,424 SH SH-DEF 3 62,424
CARNIVAL CORP COM 143658102 6,961.80 143,542 SH SH-DEF 3 143,542
CAROLINA POWER & LT.CO. COM 144141108 1,740.30 40,650 SH SH-DEF 3 40,650
CARSO GLOBAL TELECOM SPON ADR COM 14574P101 24,043.80 1,902,500 SH SH-DEF 3 1,902,500
CASE CORP COM 14743R103 3,808.80 79,144 SH SH-DEF 3 79,144
CATERPILLAR INC (DELAWARE) COM 149123101 6,119.20 101,986 SH SH-DEF 3 101,986
CBOE RUSSELL 2000 INDX RUT MKT INDX CLL 124835109 2,936.30 45,000 SH CLL SH-DEF 3 45,000
CBS CORP COM 12490K107 7,690.30 176,535 SH SH-DEF 3 176,535
CBT GROUP PLC ADRS COM 124853300 738.20 44,740 SH SH-DEF 3 44,740
CELLPRO INC COM 151156106 49.40 353,200 SH SH-DEF 3 353,200
CEMEX S.A. SPON ADR REP CPO A COM 151290509 11,501.70 1,168,395 SH SH-DEF 3 1,168,395
CENDANT CORP COM 151313103 3,710.20 180,983 SH SH-DEF 3 180,983
CENDANT CORP CLL 151313103 66.90 10,000 SH CLL SH-DEF 3 10,000
CENTEX CORP COM 152312104 839.00 22,335 SH SH-DEF 3 22,335
CENTOCOR INC CONV CNV 152342AE1 3,324.40 3,000,000 SH SH-DEF 3 3,000,000
CENTOCOR INC. COM 152342101 694.70 14,900 SH SH-DEF 3 14,900
CENTOCOR INC. CLL 152342101 54.40 15,000 SH CLL SH-DEF 3 15,000
CENTRAIS ELETRICAS BRASILEIRAS COM 15234Q207 283.40 30,000 SH SH-DEF 3 30,000
CENTRAIS ELETRICAS BRASILEIRAS COM 15234Q108 1,510.20 150,000 SH SH-DEF 3 150,000
CENTRAL EUROPEAN MEDIA ENTRPRS COM G20045103 3,445.00 530,000 SH SH-DEF 3 530,000
CENTRL.& SOUTH WEST CORP COM 152357109 1,274.10 54,506 SH SH-DEF 3 54,506
CENTURYTEL INC COM 156700106 1,365.20 34,345 SH SH-DEF 3 34,345
CERIDIAN CORP COM 15677T106 1,037.80 31,748 SH SH-DEF 3 31,748
CHAMPION INTL CORP COM 158525105 1,427.00 29,806 SH SH-DEF 3 29,806
CHANCELLOR MEDIA CORP PFD 158915306 3,577.30 23,267 SH SH-DEF 3 23,267
CHANCELLOR MEDIA CORP CONV PFD PFD 158915405 3,814.70 34,600 SH SH-DEF 3 34,600
CHARLES SCHWAB CORP COM 808513105 10,212.20 93,690 SH SH-DEF 3 93,690
CHARLES SCHWAB CORP CLL 808513105 307.60 23,000 SH CLL SH-DEF 3 23,000
CHARTER ONE FINL INC COM 160903100 312.60 11,240 SH SH-DEF 3 11,240
CHASE MANHATTAN CORP (NEW) PUT 16161A108 23.40 50,000 SH PUT SH-DEF 3 50,000
CHASE MANHATTAN CORP (NEW) COM 16161A108 17,573.20 203,158 SH SH-DEF 3 203,158
CHASE MANHATTAN CORP (NEW) CLL 16161A108 3,685.90 87,500 SH CLL SH-DEF 3 87,500
CHECK POINT SOFTWARE TECH LTD COM M22465104 793.00 14,787 SH SH-DEF 3 14,787
CHECK POINT SOFTWARE TECH LTDORD SHSPUT M22465104 144.40 30,000 SH PUT SH-DEF 3 30,000
CHECKPOINT SYS INC COM 162825103 96.50 10,800 SH SH-DEF 3 10,800
CHEMFIRST INC COM 16361A106 43,762.50 1,800,000 SH SH-DEF 3 1,800,000
CHERNOGORNEFT JSC SPON ADR COM 46625D109 22.00 10,000 SH SH-DEF 3 10,000
CHESAPEAKE ENERGY CORP PFD 165167206 1,462.50 60,000 SH SH-DEF 3 60,000
CHESAPEAKE ENERGY CORP 7% PFD 165167305 7,251.40 278,900 SH SH-DEF 3 278,900
CHEVRON CORP COM 166751107 15,279.20 160,728 SH SH-DEF 3 160,728
CHINA INDL GROUP INC COM 169396108 1.90 12,000 SH SH-DEF 3 12,000
CHIRON CORP COM 170040109 217.40 10,476 SH SH-DEF 3 10,476
CHIRON CORP CLL 170040109 106.30 200,000 SH CLL SH-DEF 3 200,000
CHIRON CORP CONV SUB NT CNV 170040AB5 7,301.60 7,484,000 SH SH-DEF 3 7,484,000
CHRIS-CRAFT IND INC. COM 170520100 610.50 12,955 SH SH-DEF 3 12,955
CHUBB CORP COM 171232101 3,127.10 44,994 SH SH-DEF 3 44,994
CIA ANONIMA NACIONAL TELEFONOS COM 204421101 512.30 18,800 SH SH-DEF 3 18,800
CIBA SPECIALTY CHEMICALS ADR COM 17162W206 489.60 13,500 SH SH-DEF 3 13,500
CIENA CORP COM 171779101 1,101.80 36,497 SH SH-DEF 3 36,497
CIGNA CORP COM 125509109 4,687.50 52,669 SH SH-DEF 3 52,669
CINCINNATI FINANCIAL CRP COM 172062101 2,174.90 57,902 SH SH-DEF 3 57,902
CINERGY CORP COM 172474108 778.40 24,324 SH SH-DEF 3 24,324
CINTAS CORP COM 172908105 577.80 8,600 SH SH-DEF 3 8,600
CIRCUIT CITY STORES INC COM 172737108 2,275.60 24,469 SH SH-DEF 3 24,469
CIRRUS LOGIC CMN STK CLL 172755100 5.30 21,200 SH CLL SH-DEF 3 21,200
CIRRUS LOGIC INC CONV CNV 172755AC4 1,214.60 1,778,000 SH SH-DEF 3 1,778,000
CISCO SYSTEMS INC. COM 17275R102 68,992.80 1,070,693 SH SH-DEF 3 1,070,693
CITIGROUP INC PUT 172967101 15.50 55,000 SH PUT SH-DEF 3 55,000
CITIGROUP INC COM 172967101 44,348.80 933,659 SH SH-DEF 3 933,659
CITIGROUP INC CLL 172967101 717.50 70,000 SH CLL SH-DEF 3 70,000
CITIGROUP INC PUT 172967101 187.50 150,000 SH PUT SH-DEF 3 150,000
CITIZENS UTILITIES B COM 177342201 23,084.40 2,075,000 SH SH-DEF 3 2,075,000
CITRIX SYSTEMS INC COM 177376100 288.20 5,100 SH SH-DEF 3 5,100
CITY INVESTING CO LIQ TR UBI COM 177900107 16,578.80 12,631,467 SH SH-DEF 3 12,631,467
CLEAR CHANNEL COMMUNICATIONS COM 184502102 10,221.70 148,275 SH SH-DEF 3 148,275
CLOROX CO (THE) (DELAWARE) COM 189054109 5,287.40 49,502 SH SH-DEF 3 49,502
CLOROX CO (THE) (DELAWARE) CLL 189054109 1.30 20,000 SH CLL SH-DEF 3 20,000
CLOROX CO (THE) (DELAWARE) PUT 189054109 172.50 20,000 SH PUT SH-DEF 3 20,000
CML GROUP INC COM 125820100 20.80 946,700 SH SH-DEF 3 946,700
CMS ENERGY CORP COM 125896100 680.90 16,261 SH SH-DEF 3 16,261
CNET INC SUB NTS CONV 144A CNV 125945AA3 10,916.00 6,500,000 SH SH-DEF 3 6,500,000
CNET INC.CMN STK+A328 PUT 125945105 16.00 13,500 SH PUT SH-DEF 3 13,500
CNET INC.CMN STK PUT 125945105 17.90 41,000 SH PUT SH-DEF 3 41,000
CNET INC.CMN STK PUT 125945105 31.30 100,000 SH PUT SH-DEF 3 100,000
CNF TRANSPORTATION INC COM 12612W104 250.30 6,500 SH SH-DEF 3 6,500
CNF TRUST I PFD 12612V205 363.20 6,500 SH SH-DEF 3 6,500
COASTAL CORP COM 190441105 1,713.00 42,559 SH SH-DEF 3 42,559
COCA COLA CO CLL 191216100 81.30 50,000 SH CLL SH-DEF 3 50,000
COCA COLA CO COM 191216100 35,012.00 564,710 SH SH-DEF 3 564,710
COCA COLA CO CLL 191216100 312.80 385,000 SH CLL SH-DEF 3 385,000
COCA COLA CO CLL 191216100 1,530.10 520,900 SH CLL SH-DEF 3 520,900
COCA-COLA ENTERPRISES INC COM 191219104 2,835.90 95,324 SH SH-DEF 3 95,324
COINSTAR INC COM 19259P300 265.40 9,250 SH SH-DEF 3 9,250
COLGATE-PALMOLIVE CO COM 194162103 7,169.40 72,786 SH SH-DEF 3 72,786
COLGATE-PALMOLIVE CO CLL 194162103 872.60 83,100 SH CLL SH-DEF 3 83,100
COLLECTING BK NATL ASSOC CL-A COM 193905106 0.00 38,701 SH SH-DEF 3 38,701
COLTEC INDUSTRIES INC CLL 196879100 231.90 35,000 SH CLL SH-DEF 3 35,000
COLUMBIA ENERGY GROUP COM 197648108 1,685.50 26,887 SH SH-DEF 3 26,887
COLUMBIA/HCA HEALTHCARE CORP COM 197677107 3,554.80 155,828 SH SH-DEF 3 155,828
COMCAST CORP CL-A COM 200300101 364.00 10,164 SH SH-DEF 3 10,164
COMCAST CP NEW CL-A SPECIAL COM 200300200 6,217.30 161,751 SH SH-DEF 3 161,751
COMDISCO INC COM 200336105 240.90 9,400 SH SH-DEF 3 9,400
COMDISCO INC CLL 200336105 78.80 40,000 SH CLL SH-DEF 3 40,000
COMERICA INC COM 200340107 3,178.40 53,474 SH SH-DEF 3 53,474
COMPANHIA VALE DO RIO DOCE COM 204412100 1,806.70 91,000 SH SH-DEF 3 91,000
COMPANIA DE TELECOM COM 204449300 1,398.40 56,500 SH SH-DEF 3 56,500
COMPAQ COMPUTER CORP CLL 204493100 20.00 20,000 SH CLL SH-DEF 3 20,000
COMPAQ COMPUTER CORP PUT 204493100 531.60 135,000 SH PUT SH-DEF 3 135,000
COMPAQ COMPUTER CORP COM 204493100 33,808.90 1,427,290 SH SH-DEF 3 1,427,290
COMPAQ COMPUTER CORP CLL 204493100 255.00 170,000 SH CLL SH-DEF 3 170,000
COMPAQ COMPUTER CORP CLL 204493100 447.20 135,000 SH CLL SH-DEF 3 135,000
COMPAQ COMPUTER CORP CLL 204493100 451.90 1,807,500 SH CLL SH-DEF 3 1,807,500
COMPUSA INC COM 204932107 92.20 12,400 SH SH-DEF 3 12,400
COMPUSA INC CLL 204932107 4.30 23,000 SH CLL SH-DEF 3 23,000
COMPUSONICS CORP COM 204918106 0.20 12,700 SH SH-DEF 3 12,700
COMPUTER ASSOC INTL INC. COM 204912109 9,443.10 172,476 SH SH-DEF 3 172,476
COMPUTER SCIENCE CORP COM 205363104 5,087.80 73,537 SH SH-DEF 3 73,537
COMPUWARE CORP. COM 205638109 2,449.40 76,996 SH SH-DEF 3 76,996
COMSAT CORP COM 20564D107 263.30 8,100 SH SH-DEF 3 8,100
COMVERSE TECHNOLOGY INC CNV 205862AG0 1,395.50 750,000 SH SH-DEF 3 750,000
COMVERSE TECHNOLOGY INC (NEW) COM 205862402 1,108.90 14,687 SH SH-DEF 3 14,687
CONAGRA INC COM 205887102 6,801.80 255,465 SH SH-DEF 3 255,465
CONCORD EFS INC COM 206197105 295.70 6,989 SH SH-DEF 3 6,989
CONEXANT SYSTEMS INC COM 207142100 1,364.50 23,500 SH SH-DEF 3 23,500
CONSECO INC COM 208464107 4,427.10 145,448 SH SH-DEF 3 145,448
CONSOLIDATED EDISON INC COM 209115104 1,445.50 31,945 SH SH-DEF 3 31,945
CONSOLIDATED NATURAL GAS CO COM 209615103 598.00 9,845 SH SH-DEF 3 9,845
CONSOLIDATED STORES CORP COM 210149100 836.90 30,997 SH SH-DEF 3 30,997
CONSOLIDATED STORES CORP CLL 210149100 129.30 94,000 SH CLL SH-DEF 3 94,000
CONSORCIO G GRUPO DINA S A DE COM 210306106 827.10 551,400 SH SH-DEF 3 551,400
CONSORCIO G GRUPO DINA-ADR L COM 210306205 1,125.00 1,285,700 SH SH-DEF 3 1,285,700
CONSTELLATION ENERGY GROUP COM 210371100 830.20 28,024 SH SH-DEF 3 28,024
CONTINUING CARE ASSOC INC COM 212175103 4.70 18,778 SH SH-DEF 3 18,778
COOPER CAMERON CORP COM 216640102 2,991.90 80,726 SH SH-DEF 3 80,726
COOPER INDUSTRIES INC. COM 216669101 1,679.30 32,294 SH SH-DEF 3 32,294
COOPER TIRE & RUBBER CO. COM 216831107 1,429.80 60,521 SH SH-DEF 3 60,521
CORNING INCORPORATED COM 219350105 4,177.20 59,568 SH SH-DEF 3 59,568
CORPORATE EXECUTIVE BOARD CO. COM 21988R102 356.90 10,037 SH SH-DEF 3 10,037
CORPORATE EXPRESS COM 219888104 784.70 112,106 SH SH-DEF 3 112,106
COSTCO COMPANIES INC COM 22160Q102 4,432.60 55,364 SH SH-DEF 3 55,364
COSTCO COMPANIES INC SUB NT CV CNV 22160QAC6 1,775.90 1,933,000 SH SH-DEF 3 1,933,000
COUNTRYWIDE CR INDS INC COM 222372104 1,479.00 34,596 SH SH-DEF 3 34,596
COVANCE INC PUT 222816100 2.50 20,000 SH PUT SH-DEF 3 20,000
COVANCE INC CLL 222816100 20.50 11,500 SH CLL SH-DEF 3 11,500
CRANE CO (DELAWARE) COM 224399105 432.70 13,764 SH SH-DEF 3 13,764
CREDICORP LTD COM G2519Y108 121.00 11,000 SH SH-DEF 3 11,000
CROSS TIMBERS OIL SER-A PFD 227573201 2,487.00 77,720 SH SH-DEF 3 77,720
CROWN CORK & SEAL CONV PFD PFD 228255303 2,826.00 107,400 SH SH-DEF 3 107,400
CROWN CORK & SEAL INC COM 228255105 2,007.40 70,436 SH SH-DEF 3 70,436
CRYSTAL BRANDS INC COM 229070107 0.90 15,040 SH SH-DEF 3 15,040
CSX CORP COM 126408103 2,971.40 65,486 SH SH-DEF 3 65,486
CUMMINS-ENGINE INC COM 231021106 742.60 13,000 SH SH-DEF 3 13,000
CV THERAPEUTICS INC COM 126667104 814.00 148,000 SH SH-DEF 3 148,000
CVS CORP (DEL) COM 126650100 9,627.70 189,709 SH SH-DEF 3 189,709
CYPRUS AMAX MINERALS COMPANY COM 232809103 624.80 40,968 SH SH-DEF 3 40,968
CYTON INDS INC (NEW) COM 232826206 1.60 12,500 SH SH-DEF 3 12,500
DAIMLERCHRYSLER AG (US) COM D1668R123 891.40 10,016 SH SH-DEF 3 10,016
DANA CORP COM 235811106 2,699.80 58,611 SH SH-DEF 3 58,611
DANAHER CORP (DELAWARE) COM 235851102 1,662.40 28,601 SH SH-DEF 3 28,601
DANKA BUSINESS SYSTEMS CNV 236277AB5 1,060.80 1,855,000 SH SH-DEF 3 1,855,000
DARDEN RESTAURANTS INC COM 237194105 841.50 38,579 SH SH-DEF 3 38,579
DARLING INTERNATIONAL INC COM 237266101 193.80 100,000 SH SH-DEF 3 100,000
DASSAULT SYSTEMES COM 237545108 483.90 14,580 SH SH-DEF 3 14,580
DATA TRANSMISSION NETWORK CP COM 238017107 821.30 29,200 SH SH-DEF 3 29,200
DAYTON HUDSON CORP. COM 239753106 8,499.40 130,760 SH SH-DEF 3 130,760
DBL LIQUIDATING TR (PVT PL) COM 233038108 2,223.80 138,988 SH SH-DEF 3 138,988
DE BEERS CON MNS ADR DFD COM 240253302 1,512.10 63,333 SH SH-DEF 3 63,333
DECISIONONE HOLDINGS CORP COM 243458106 104.20 55,567 SH SH-DEF 3 55,567
DEERE & COMPANY COM 244199105 1,668.20 42,570 SH SH-DEF 3 42,570
DELL COMPUTER CORP COM 247025109 152,992.80 4,134,940 SH SH-DEF 3 4,134,940
DELPHI AUTOMOTIVE SYSTEMS COM 247126105 2,049.70 110,795 SH SH-DEF 3 110,795
DELTA AIR LINES INC DEL COM 247361108 1,618.30 28,083 SH SH-DEF 3 28,083
DELUXE CORP COM 248019101 1,140.40 29,381 SH SH-DEF 3 29,381
DIAMOND OFFSHORE DRILLING INC COM 25271C102 3,583.50 126,290 SH SH-DEF 3 126,290
DILLARDS INC CL-A COM 254067101 757.00 21,552 SH SH-DEF 3 21,552
DILLARDS INC CL-A PUT 254067101 84.20 27,500 SH PUT SH-DEF 3 27,500
DILLARDS INC CL-A CLL 254067101 111.70 27,500 SH CLL SH-DEF 3 27,500
DISNEY WALT CO (HOLDING CO) CLL 254687106 0.50 15,000 SH CLL SH-DEF 3 15,000
DISNEY WALT CO (HOLDING CO) COM 254687106 20,197.40 655,495 SH SH-DEF 3 655,495
DISNEY WALT CO (HOLDING CO) CLL 254687106 112.90 13,000 SH CLL SH-DEF 3 13,000
DOLLAR GENL CORP COM 256669102 42,056.60 1,450,229 SH SH-DEF 3 1,450,229
DOLLAR TREE STORES INC COM 256747106 642.80 14,608 SH SH-DEF 3 14,608
DOMINION RES INC (VA) COM 257470104 1,458.80 33,680 SH SH-DEF 3 33,680
DONALDSONLUFKIN& JENRETTEINC COM 257661108 602.50 10,000 SH SH-DEF 3 10,000
DOUBLECLICK INC SUB NTS CV CNV 258609AA4 9,855.00 7,880,000 SH SH-DEF 3 7,880,000
DOUBLECLICK INC. COM 258609304 1,091.80 11,900 SH SH-DEF 3 11,900
DOVER CORP COM 260003108 1,692.20 48,349 SH SH-DEF 3 48,349
DOW CHEMICAL CO COM 260543103 6,673.10 52,596 SH SH-DEF 3 52,596
DOW-JONES & CO INC COM 260561105 1,009.90 19,032 SH SH-DEF 3 19,032
DTE ENERGY COMPANY COM 233331107 1,251.00 30,699 SH SH-DEF 3 30,699
DU PONT E I DE NEMOURS & CO COM 263534109 20,974.50 307,038 SH SH-DEF 3 307,038
DUKE ENERGY CORP COM 264399106 5,668.30 104,124 SH SH-DEF 3 104,124
DUN & BRADSTREET CORP COM 26483B106 1,466.50 41,383 SH SH-DEF 3 41,383
DYNASTY CLASSICS CORP. COM 268127107 0.00 18,900 SH SH-DEF 3 18,900
DYNATECH CORP (NEW) COM 268140100 687.60 200,000 SH SH-DEF 3 200,000
E*TRADE GROUP INC COM 269246104 702.90 17,600 SH SH-DEF 3 17,600
E.SPIRE COMMUNICATIONS INC PUT 269153102 90.60 50,000 SH PUT SH-DEF 3 50,000
EARTHLINK NETWORK INC PUT 270322100 18.80 15,000 SH PUT SH-DEF 3 15,000
EASTERN ENTERPRISES COM 27637F100 226.90 5,707 SH SH-DEF 3 5,707
EASTMAN CHEM CO COM 277432100 1,130.40 21,843 SH SH-DEF 3 21,843
EASTMAN KODAK CO COM 277461109 5,108.30 75,399 SH SH-DEF 3 75,399
EASTMAN KODAK CO PUT 277461109 456.30 100,000 SH PUT SH-DEF 3 100,000
EASTMAN KODAK CO CLL 277461109 393.80 100,000 SH CLL SH-DEF 3 100,000
EATON CORP COM 278058102 1,512.80 16,443 SH SH-DEF 3 16,443
EBAY INC. COM 278642103 605.50 4,000 SH SH-DEF 3 4,000
EBAY, INC.CMN STK+A456 CLL 278642103 54.80 67,400 SH CLL SH-DEF 3 67,400
EBAY, INC.CMN STK CLL 278642103 93.80 45,500 SH CLL SH-DEF 3 45,500
EBAY, INC.CMN STK CLL 278642103 551.50 23,100 SH CLL SH-DEF 3 23,100
ECHOSTAR COMMUNICATIONS CORP PFD 278762307 61,047.00 193,800 SH SH-DEF 3 193,800
ECOLAB INC COM 278865100 910.80 20,877 SH SH-DEF 3 20,877
EDISON INTERNATIONAL COM 281020107 2,648.90 99,023 SH SH-DEF 3 99,023
EDWARDS A G INC COM 281760108 238.70 7,400 SH SH-DEF 3 7,400
EEX CORP (NEW) COM 26842V207 2,312.50 333,333 SH SH-DEF 3 333,333
EG & G INC. COM 268457108 388.20 10,897 SH SH-DEF 3 10,897
EINSTEIN/NOAH BAGEL CORP CNV 282577AC9 1,219.80 2,050,000 SH SH-DEF 3 2,050,000
EL PASO ELECTRIC (NEW) COM 283677854 9,646.20 1,079,300 SH SH-DEF 3 1,079,300
EL PASO ENERGY CORP COM 283905107 1,481.40 42,100 SH SH-DEF 3 42,100
ELAMEX S.A. DE C.V. COM P36209107 914.90 271,075 SH SH-DEF 3 271,075
ELAN CORP PLC (ADR) COM 284131208 693.80 25,000 SH SH-DEF 3 25,000
ELECTRONIC ARTS COM 285512109 2,360.50 43,511 SH SH-DEF 3 43,511
ELECTRONIC DATA SYSTEMS CORP COM 285661104 8,259.30 145,859 SH SH-DEF 3 145,859
ELI LILLY & CO COM 532457108 46,607.20 650,711 SH SH-DEF 3 650,711
EMBRATEL PARTICIPACOES S.A. COM 29081N100 1,387.50 100,000 SH SH-DEF 3 100,000
EMC CORP SUB NT CONV CNV 26865YAA2 6,071.10 1,250,000 SH SH-DEF 3 1,250,000
EMC CORP MASS PUT 268648102 32.80 50,000 SH PUT SH-DEF 3 50,000
EMC CORP MASS PUT 268648102 65.60 50,000 SH PUT SH-DEF 3 50,000
EMC CORP MASS CLL 268648102 3.60 58,000 SH CLL SH-DEF 3 58,000
EMC CORP MASS CLL 268648102 71.90 50,000 SH CLL SH-DEF 3 50,000
EMC CORP MASS COM 268648102 19,572.60 355,866 SH SH-DEF 3 355,866
EMERSON ELECTRIC CO. COM 291011104 6,967.00 110,697 SH SH-DEF 3 110,697
EMPRESA NACIONAL DE ELECTRCDAD COM 29244T101 151.60 12,635 SH SH-DEF 3 12,635
EMPRESAS ICA SOCIEDAD CNTRLDRA COM 292448107 472.50 70,000 SH SH-DEF 3 70,000
EMPRESSA ICA CNV 292448AC1 8,175.00 12,000,000 SH SH-DEF 3 12,000,000
ENAMELON INC COM 292499100 60.00 48,008 SH SH-DEF 3 48,008
ENERGY EAST CORP COM 29266M109 309.40 11,900 SH SH-DEF 3 11,900
ENERSIS S.A ADR COM 29274F104 316.40 13,830 SH SH-DEF 3 13,830
ENGELHARD CORP COM 292845104 591.40 26,141 SH SH-DEF 3 26,141
ENRON CORP COM 293561106 6,809.20 83,293 SH SH-DEF 3 83,293
ENTERGY CORP COM 29364G103 2,474.80 79,193 SH SH-DEF 3 79,193
EQUANT NV NY REG SH COM 294409107 585.90 6,200 SH SH-DEF 3 6,200
EQUIFAX INC COM 294429105 869.80 24,374 SH SH-DEF 3 24,374
EQUITABLE COMPANIES INC. CLL 29444G107 4.70 50,000 SH CLL SH-DEF 3 50,000
EQUITABLE COMPANIES INC. CLL 29444G107 8.40 10,000 SH CLL SH-DEF 3 10,000
EQUITY OFFICE PROPERTIES TRUST COM 294741103 94,833.00 3,700,800 SH SH-DEF 3 3,700,800
EQUITY RESIDENTIAL PROPERTIES COM 29476L107 4,821.70 107,000 SH SH-DEF 3 107,000
EQUITY RESIDENTIAL PROPS PFD 29476L792 890.30 39,900 SH SH-DEF 3 39,900
EXODUS COMMUNICATIONS INC COM 302088109 1,365.20 11,383 SH SH-DEF 3 11,383
EXXON CORP COM 302290101 47,015.80 609,605 SH SH-DEF 3 609,605
FAMILY DOLLAR STORES INC COM 307000109 316.80 13,200 SH SH-DEF 3 13,200
FANNIE MAE CMN STK COM 313586109 19,245.70 281,989 SH SH-DEF 3 281,989
FANNIE MAE CMN STK CLL 313586109 10,033.00 508,000 SH CLL SH-DEF 3 508,000
FD HMN LN MTG CORP VOTING COM COM 313400301 10,038.40 173,075 SH SH-DEF 3 173,075
FDX CORP COM 31304N107 4,265.80 78,633 SH SH-DEF 3 78,633
FDX CORP CLL 31304N107 43.00 25,000 SH CLL SH-DEF 3 25,000
FEDERAL-MOGUL CORP. COM 313549107 26,806.00 515,500 SH SH-DEF 3 515,500
FEDERATED DEPT STORES INC DEL COM 31410H101 2,800.40 52,901 SH SH-DEF 3 52,901
FIFTH THIRD BANCORP COM 316773100 4,336.50 65,149 SH SH-DEF 3 65,149
FINALCO GROUP INC COM 317347102 0.00 14,000 SH SH-DEF 3 14,000
FINCL.CORP.SANTA BARBARA COM 317441103 0.60 20,040 SH SH-DEF 3 20,040
FINOVA GROUP INC COM 317928109 257.90 4,900 SH SH-DEF 3 4,900
FIRST DATA CORP COM 319963104 8,253.70 168,657 SH SH-DEF 3 168,657
FIRST PACIFIC NETWORK INC COM 335933107 0.90 850,000 SH SH-DEF 3 850,000
FIRST TENN NATL CORP COM 337162101 554.90 14,483 SH SH-DEF 3 14,483
FIRST UNION CORP COM 337358105 9,947.00 211,076 SH SH-DEF 3 211,076
FIRST UNION CORP CLL 337358105 107.50 10,000 SH CLL SH-DEF 3 10,000
FIRSTAR CORP (NEW) COM 33763V109 4,487.60 160,272 SH SH-DEF 3 160,272
FIRSTENERGY CORP COM 337932107 2,454.60 79,181 SH SH-DEF 3 79,181
FISERV INC COM 337738108 361.70 11,550 SH SH-DEF 3 11,550
FLAMEL TECHNOLOGIES SPON ADR COM 338488109 874.50 259,100 SH SH-DEF 3 259,100
FLEET FINL GROUP INC NEW COM 338915101 6,539.90 147,378 SH SH-DEF 3 147,378
FLEETWOOD ENTRPRISES INC COM 339099103 295.00 11,157 SH SH-DEF 3 11,157
FLEETWOOD ENTRPRISES INC CLL 339099103 1.60 10,000 SH CLL SH-DEF 3 10,000
FLORIDA PROGRESS CORP COM 341109106 318.10 7,700 SH SH-DEF 3 7,700
FLUOR CORP COM 343861100 1,015.80 25,081 SH SH-DEF 3 25,081
FMC CORP (NEW) COM 302491303 554.90 8,123 SH SH-DEF 3 8,123
FORD MOTOR COMPANY (DEL) COM 345370100 15,529.10 275,156 SH SH-DEF 3 275,156
FOREST LABORATORIES INC COM 345838106 383.90 8,300 SH SH-DEF 3 8,300
FORT JAMES CORP COM 347471104 2,189.10 57,799 SH SH-DEF 3 57,799
FORTUNE BRANDS INC COM 349631101 1,239.50 29,957 SH SH-DEF 3 29,957
FOSTER WHEELER CORP COM 350244109 147.70 10,500 SH SH-DEF 3 10,500
FPL GROUP INC COM 302571104 2,017.20 36,928 SH SH-DEF 3 36,928
FRANKLIN RESOURCES INC COM 354613101 2,234.30 54,998 SH SH-DEF 3 54,998
FREEPORT-MCMORAN COPPER & GOLD COM 35671D857 653.50 36,431 SH SH-DEF 3 36,431
FRONTIER CORP COM 35906P105 2,293.60 39,123 SH SH-DEF 3 39,123
FRUEHAUF TRAILER CORP (PP) COM 359990199 0.00 20,000 SH SH-DEF 3 20,000
FRUIT OF THE LOOM INC CL-A COM G3682L105 123.70 12,687 SH SH-DEF 3 12,687
GANNETT CO.INC. COM 364730101 5,496.70 77,012 SH SH-DEF 3 77,012
GAP INC COM 364760108 10,775.20 213,900 SH SH-DEF 3 213,900
GARDENBURGER INC COM 365476100 867.60 98,450 SH SH-DEF 3 98,450
GATEWAY INC COM 367626108 4,686.80 79,354 SH SH-DEF 3 79,354
GATEWAY INC CLL 367626108 172.50 30,000 SH CLL SH-DEF 3 30,000
GAZPROM ADS COM 753317205 2,495.90 221,369 SH SH-DEF 3 221,369
GENE LOGIC INC COM 368689105 522.80 144,208 SH SH-DEF 3 144,208
GENENTECH INC SPECIAL COMMON CLL 368710307 2.20 17,500 SH CLL SH-DEF 3 17,500
GENERAL DYNAMICS CORP. COM 369550108 2,355.20 34,195 SH SH-DEF 3 34,195
GENERAL ELECTRIC CO COM 369604103 108,005.20 955,798 SH SH-DEF 3 955,798
GENERAL ELECTRIC CO CLL 369604103 1,283.50 68,000 SH CLL SH-DEF 3 68,000
GENERAL INSTRUMENT CORP COM 370120107 3,027.70 71,239 SH SH-DEF 3 71,239
GENERAL MILLS INC COM 370334104 2,929.70 36,450 SH SH-DEF 3 36,450
GENERAL MOTORS CORP. COM 370442105 9,963.00 150,954 SH SH-DEF 3 150,954
GENERAL SURGICAL INNOVATIONS COM 371013103 390.30 90,500 SH SH-DEF 3 90,500
GENUINE PARTS CO. COM 372460105 1,592.40 45,496 SH SH-DEF 3 45,496
GENZYME CORP CONV SUB NT CNV 372917AF1 783.30 564,000 SH SH-DEF 3 564,000
GEORGIA-PACIFIC CORP COM 373298108 1,920.80 40,544 SH SH-DEF 3 40,544
GEOTEK COMMUNICATIONS INC COM 373654102 5.70 218,329 SH SH-DEF 3 218,329
GILEAD SCIENCES CLL 375558103 135.00 120,000 SH CLL SH-DEF 3 120,000
GILLETTE CO COM 375766102 25,669.20 626,078 SH SH-DEF 3 626,078
GILLETTE CO CLL 375766102 151.30 440,000 SH CLL SH-DEF 3 440,000
GLOBAL INDS LTD COM 379336100 631.70 49,300 SH SH-DEF 3 49,300
GLOBAL MARINE INC (NEW) COM 379352404 1,369.10 88,326 SH SH-DEF 3 88,326
GLOBAL TELE-SYSTEMS LTD BD CV CNV 37936UAA2 21,710.10 5,300,000 SH SH-DEF 3 5,300,000
GLOBAL TELESYSTEMS GROUP CLL 37936U104 63.00 77,500 SH CLL SH-DEF 3 77,500
GLOBALSTAR TELECOMMUNICATION PUT G3930H104 79.70 75,000 SH PUT SH-DEF 3 75,000
GLOBALSTAR TELECOMMUNICATION PUT G3930H104 84.40 50,000 SH PUT SH-DEF 3 50,000
GLOBALSTAR TELECOMMUNICATION PUT G3930H104 210.90 75,000 SH PUT SH-DEF 3 75,000
GLOBO CABO SA SPON ADR COM 37957X102 383.80 90,300 SH SH-DEF 3 90,300
GOLD KING CON INC COM 380609107 0.10 14,485 SH SH-DEF 3 14,485
GOLDEN WEST FINL NEW COM 381317106 2,264.70 23,109 SH SH-DEF 3 23,109
GOODYEAR TIRE & RUBBER CO COM 382550101 2,156.00 36,659 SH SH-DEF 3 36,659
GPU INC COM 36225X100 1,085.70 25,736 SH SH-DEF 3 25,736
GRAINGER W W INC COM 384802104 1,403.40 26,079 SH SH-DEF 3 26,079
GREAT A&P TEA CO.INC. COM 390064103 263.20 7,784 SH SH-DEF 3 7,784
GREAT LAKES CHEMICAL COM 390568103 745.70 16,188 SH SH-DEF 3 16,188
GRUPO FINANC BANCOMER SPON ADR COM 400486304 1,040.60 144,561 SH SH-DEF 3 144,561
GRUPO FINANCIERO GBM ATLANTICO COM 40048F106 170.60 66,400 SH SH-DEF 3 66,400
GRUPO IUSACELL S.A. DE C.V. COM 40049W207 2,941.40 230,700 SH SH-DEF 3 230,700
GRUPO RADIO CENTRO SA ADS COM 40049C102 8,759.10 1,668,400 SH SH-DEF 3 1,668,400
GRUPO SIDEK S.A. DE C.V. ADR COM 400490306 14.20 208,917 SH SH-DEF 3 208,917
GRUPO SIDEK S.A.DE C.V. ADR COM 400490108 4.60 457,533 SH SH-DEF 3 457,533
GRUPO TELEVISA S.A. GDS COM 40049J206 1,120.30 25,000 SH SH-DEF 3 25,000
GRUPO TELEVISA S.A. GDS CLL 40049J206 156.30 50,000 SH CLL SH-DEF 3 50,000
GS FINANCIAL PRODUCTS U.S. LP COM 362276107 30,302.10 710,900 SH SH-DEF 3 710,900
GTE CORP COM 362320103 16,499.20 218,533 SH SH-DEF 3 218,533
GUARDIAN BANCORP COM 401321104 1.20 40,000 SH SH-DEF 3 40,000
GUIDANT CORP COM 401698105 3,677.30 71,928 SH SH-DEF 3 71,928
GUILFORD PHARMACEUTICALS INC. COM 401829106 446.30 35,000 SH SH-DEF 3 35,000
GULFSTREAM AEROSPACE CORP COM 402734107 297.30 4,400 SH SH-DEF 3 4,400
H & R BLOCK INC. COM 093671105 1,384.90 27,698 SH SH-DEF 3 27,698
H.J.HEINZ CO. COM 423074103 3,670.20 73,220 SH SH-DEF 3 73,220
HALLIBURTON CO PUT 406216101 1.60 50,000 SH PUT SH-DEF 3 50,000
HALLIBURTON CO COM 406216101 8,988.20 198,634 SH SH-DEF 3 198,634
HARCOURT GEN INC COM 41163G101 1,293.20 25,081 SH SH-DEF 3 25,081
HARLEY-DAVIDSON INC COM 412822108 554.60 10,200 SH SH-DEF 3 10,200
HARRAHS ENTMT INC COM 413619107 627.90 28,460 SH SH-DEF 3 28,460
HARRIS CORP COM 413875105 445.40 11,366 SH SH-DEF 3 11,366
HARTFORD FINANCIAL SERVICES COM 416515104 4,272.60 73,270 SH SH-DEF 3 73,270
HASBRO INC COM 418056107 1,295.80 46,381 SH SH-DEF 3 46,381
HCR MANOR CARE COM 404134108 360.80 14,918 SH SH-DEF 3 14,918
HEALTH MANAGEMENT ASSOC. CL A COM 421933102 234.60 20,850 SH SH-DEF 3 20,850
HEALTHSOUTH CORP COM 421924101 1,384.20 93,057 SH SH-DEF 3 93,057
HEARTPORT INC SUB NT CONV CNV 421969AC0 2,843.80 5,000,000 SH SH-DEF 3 5,000,000
HEARTPORT INC. COM 421969106 28.40 11,971 SH SH-DEF 3 11,971
HELMERICH & PAYNE INC. COM 423452101 272.70 11,544 SH SH-DEF 3 11,544
HEMISPHERX BIOPHARMA INC COM 42366C103 259.50 34,600 SH SH-DEF 3 34,600
HERCULES INC. COM 427056106 1,116.60 28,404 SH SH-DEF 3 28,404
HERSHEY FOODS CORP. COM 427866108 2,166.10 36,481 SH SH-DEF 3 36,481
HEWLETT PACKARD CO SUB LIQ CNV 428236AA1 2,493.10 3,930,000 SH SH-DEF 3 3,930,000
HEWLETT-PACKARD CO. COM 428236103 35,439.10 352,628 SH SH-DEF 3 352,628
HILLENBRAND INDUST INC COM 431573104 359.00 8,300 SH SH-DEF 3 8,300
HILTON HOTELS CORP COM 432848109 232.70 16,400 SH SH-DEF 3 16,400
HILTON HOTELS CORP SUB NT CV CNV 432848AL3 3,469.20 3,844,000 SH SH-DEF 3 3,844,000
HINES EDWARD LUMBER CO COM 433236106 5.70 57,176 SH SH-DEF 3 57,176
HISPANIC BROADCASTING CORP COM 43357B104 299.90 3,953 SH SH-DEF 3 3,953
HNC SOFTWARE COM 40425P107 15,893.10 515,800 SH SH-DEF 3 515,800
HOME DEPOT INC COM 437076102 22,180.20 344,213 SH SH-DEF 3 344,213
HOMESTAKE MINING CO (DELAWARE) COM 437614100 566.10 69,146 SH SH-DEF 3 69,146
HOMESTAKE MINING COMPANY CNV 437614AA8 297.60 310,000 SH SH-DEF 3 310,000
HONEYWELL INC COM 438506107 3,515.10 30,335 SH SH-DEF 3 30,335
HORMEL FOODS CORP COM 440452100 12,322.50 306,150 SH SH-DEF 3 306,150
HOUSEHOLD INTL INC. COM 441815107 63,492.50 1,340,212 SH SH-DEF 3 1,340,212
HSBC HLDS PLC SPONSORED ADR COM 404280307 17,621.70 48,311 SH SH-DEF 3 48,311
HUBBELL INCORPORATED CLASS B COM 443510201 213.30 4,700 SH SH-DEF 3 4,700
HUMANA INC COM 444859102 408.70 31,590 SH SH-DEF 3 31,590
HUMANA INC CLL 444859102 6.80 27,000 SH CLL SH-DEF 3 27,000
HUNTINGTON BANCSHARES INC COM 446150104 1,424.70 40,707 SH SH-DEF 3 40,707
HUTCHINSON TECHNOLOGIES COM 448407106 919.20 33,125 SH SH-DEF 3 33,125
HUTCHISON WHAMPOA (ADR) COM 448415208 44,815.20 989,910 SH SH-DEF 3 989,910
IBP INC COM 449223106 201.90 8,500 SH SH-DEF 3 8,500
IKON OFFICE SOLUTIONS INC COM 451713101 429.60 28,639 SH SH-DEF 3 28,639
ILLINOIS TOOL WORKS COM 452308109 5,249.70 64,216 SH SH-DEF 3 64,216
ILLINOIS TOOL WORKS CLL 452308109 372.00 27,300 SH CLL SH-DEF 3 27,300
ILLUSTRATED WORLD ENCYCL COM 452344104 1,081.60 11,000 SH SH-DEF 3 11,000
IMAX CORP CNV SUB DEBS 144A CNV 45245EAC3 881.70 750,000 SH SH-DEF 3 750,000
IMC GLOBAL INC COM 449669100 258.90 14,900 SH SH-DEF 3 14,900
IMPERIAL CORP OF AMERICA (DEL) COM 452722101 0.00 54,460 SH SH-DEF 3 54,460
IMS HEALTH INC COM 449934108 2,242.00 71,743 SH SH-DEF 3 71,743
INCO LIMITED COM 453258402 777.50 43,192 SH SH-DEF 3 43,192
INCO LIMITED CONV SUB DEB CNV 453258AH8 223.20 242,000 SH SH-DEF 3 242,000
INCO LTD.CONVERTIBLE CNV 453258AK1 327.10 356,000 SH SH-DEF 3 356,000
INFORMIX CORP COM 456779107 128.00 15,000 SH SH-DEF 3 15,000
INGERSOLL-RAND CO COM 456866102 3,070.30 47,509 SH SH-DEF 3 47,509
INKTOMI CORP COM 457277101 1,775.40 13,501 SH SH-DEF 3 13,501
INKTOMI CORP CMN STK CLL 457277101 200.00 20,000 SH CLL SH-DEF 3 20,000
INKTOMI CORP CMN STK CLL 457277101 432.70 21,500 SH CLL SH-DEF 3 21,500
INKTOMI CORP CMN STK CLL 457277101 581.30 25,000 SH CLL SH-DEF 3 25,000
INKTOMI CORP CMN STK CLL 457277101 2,849.00 77,000 SH CLL SH-DEF 3 77,000
INTEGRATED MEDICAL RES INC COM 45812A100 0.10 10,000 SH SH-DEF 3 10,000
INTEL CORP COM 458140100 64,826.90 1,089,527 SH SH-DEF 3 1,089,527
INTEL CORP CLL 458140100 1,310.00 160,000 SH CLL SH-DEF 3 160,000
INTEL CORP PUT 458140100 1,062.50 2,000,000 SH PUT SH-DEF 3 2,000,000
INTERNATIONAL BRIQUETTES HLDG COM G4821Q104 39.80 10,967 SH SH-DEF 3 10,967
INTERNATIONAL BUSINESS MACHS COM 459200101 58,970.30 456,250 SH SH-DEF 3 456,250
INTERNATIONAL BUSINESS MACHS PUT 459200101 87.50 200,000 SH PUT SH-DEF 3 200,000
INTERNATIONAL BUSINESS MACHS CLL 459200101 219.30 14,500 SH CLL SH-DEF 3 14,500
INTERNATIONAL BUSINESS MACHS CLL 459200101 6,013.90 79,000 SH CLL SH-DEF 3 79,000
INTERNATIONAL BUSINESS MACHS PUT 459200101 342.80 1,567,000 SH PUT SH-DEF 3 1,567,000
INTERNATIONAL PAPER CO. COM 460146103 4,331.90 86,206 SH SH-DEF 3 86,206
INTERPUBLIC GROUP COS COM 460690100 46,069.90 531,831 SH SH-DEF 3 531,831
INTERPUBLIC GROUP COS SUB DEB CNV 460690AD2 2,283.60 1,900,000 SH SH-DEF 3 1,900,000
INTERPUBLIC GROUP COS SUB NT CNV 460690AF7 3,383.30 2,815,000 SH SH-DEF 3 2,815,000
INTL.FLAVORS & FRAGRANCE COM 459506101 1,008.70 22,925 SH SH-DEF 3 22,925
INTUIT COM 461202103 3,028.20 33,600 SH SH-DEF 3 33,600
IOMEGA CORP SUB NT CONV CNV 462030AA5 8,434.70 8,209,000 SH SH-DEF 3 8,209,000
IRIDIUM WORLD COMMUNICATIONS CL-A PUT G49398103 212.50 25,000 SH PUT SH-DEF 3 25,000
IRIDIUM WORLD COMMUNICATIONS CL-A PUT G49398103 546.60 27,500 SH PUT SH-DEF 3 27,500
IRIDIUM WORLD COMMUNICATIONS CL-A PUT G49398103 3,696.90 175,000 SH PUT SH-DEF 3 175,000
IRKUTSKENERGO SPON ADR COM 462714106 452.70 88,943 SH SH-DEF 3 88,943
ISS GROUP INC. COM 450306105 765.90 20,290 SH SH-DEF 3 20,290
ITT INDUSTRIES INC (INDIANA) COM 450911102 1,121.20 29,408 SH SH-DEF 3 29,408
IVILLAGE INC COM 46588H105 1,014.40 20,187 SH SH-DEF 3 20,187
IXC COMMUNICATIONS INC. COM 450713102 216.30 5,502 SH SH-DEF 3 5,502
IXC COMMUNICATIONS, INC. CMN STK CLL 450713102 54.40 30,000 SH CLL SH-DEF 3 30,000
IXC COMMUNICATIONS, INC. CMN STK CLL 450713102 22.00 117,500 SH CLL SH-DEF 3 117,500
JABIL CIRCUIT INC COM 466313103 230.10 5,100 SH SH-DEF 3 5,100
JACK HENRY & ASSOC INC COM 426281101 432.70 11,025 SH SH-DEF 3 11,025
JAPAN INDEX MKT INDX CLL 03112R109 368.80 100,000 SH CLL SH-DEF 3 100,000
JEFFERSON-PILOT CORP. COM 475070108 822.10 12,421 SH SH-DEF 3 12,421
JOHNSON & JOHNSON COM 478160104 31,543.30 321,870 SH SH-DEF 3 321,870
JOHNSON & JOHNSON CLL 478160104 2,405.90 88,900 SH CLL SH-DEF 3 88,900
JOHNSON CONTROLS INC COM 478366107 1,176.60 16,976 SH SH-DEF 3 16,976
JONES APPAREL GROUP INC. COM 480074103 205.90 6,001 SH SH-DEF 3 6,001
JONES PHARMA INC COM 480236108 11,005.30 279,500 SH SH-DEF 3 279,500
JSC SURGUTNEFTEGAZ SPON ADR COM 46625F104 406.80 51,270 SH SH-DEF 3 51,270
JTS CORP COM 465940104 312.00 2,496,000 SH SH-DEF 3 2,496,000
JUNIPER NETWORKS INC COM 48203R104 7,325.10 49,162 SH SH-DEF 3 49,162
K MART CORP COM 482584109 2,077.30 125,896 SH SH-DEF 3 125,896
K N ENERGY INC COM 482620101 153.80 11,500 SH SH-DEF 3 11,500
KANSAS CITY SOUTHERN IND COM 485170104 1,332.70 20,885 SH SH-DEF 3 20,885
KEANE INC. COM 486665102 201.40 8,900 SH SH-DEF 3 8,900
KELLOGG COMPANY COM 487836108 3,298.80 99,963 SH SH-DEF 3 99,963
KELLOGG COMPANY CLL 487836108 10.50 56,100 SH CLL SH-DEF 3 56,100
KERR-MCGEE CORP COM 492386107 935.00 18,631 SH SH-DEF 3 18,631
KEYCORP NEW COM 493267108 4,056.80 126,281 SH SH-DEF 3 126,281
KEYSPAN CORP COM 49337W100 287.50 10,900 SH SH-DEF 3 10,900
KIMBERLY CLARK CORP COM 494368103 7,248.20 127,161 SH SH-DEF 3 127,161
KING WORLD PRODUCTIONS INC COM 495667107 645.40 18,539 SH SH-DEF 3 18,539
KLA-TENCOR CORP COM 482480100 2,006.30 30,926 SH SH-DEF 3 30,926
KLH COMPUTERS INC COM 482484102 0.00 60,400 SH SH-DEF 3 60,400
KNIGHT RIDDER INC COM 499040103 367.10 6,667 SH SH-DEF 3 6,667
KOHL'S CORP (WISCONSIN) COM 500255104 2,603.90 33,872 SH SH-DEF 3 33,872
KONINKLIJKE PHILIPS COM 500472204 2,320.10 23,000 SH SH-DEF 3 23,000
KOREA ELECTRIC POWER CRP COM 500631106 9,455.30 461,232 SH SH-DEF 3 461,232
KROGER COMPANY COM 501044101 5,354.60 191,662 SH SH-DEF 3 191,662
LA ELECTRICIDAD DE CARACAS COM 12477A106 6,072.50 310,266 SH SH-DEF 3 310,266
LAKES GAMING INC COM 51206P109 273.40 25,000 SH SH-DEF 3 25,000
LAM RESEARCH CORP COM 512807108 14,982.40 320,908 SH SH-DEF 3 320,908
LAM RESEARCH CORP SUB NT CONV CNV 512807AB4 816.20 900,000 SH SH-DEF 3 900,000
LAND'S END INC PUT 515086106 37.50 50,000 SH PUT SH-DEF 3 50,000
LAND'S END INC CLL 515086106 339.10 25,000 SH CLL SH-DEF 3 25,000
LAND'S END INC CLL 515086106 481.30 50,000 SH CLL SH-DEF 3 50,000
LATTICE SEMICONDUCTOR CORP COM 518415104 678.50 10,900 SH SH-DEF 3 10,900
LEAR CORP COM 521865105 223.90 4,500 SH SH-DEF 3 4,500
LEGATO SYSTEMS INC COM 524651106 866.30 15,000 SH SH-DEF 3 15,000
LEGATO SYSTEMS INC PUT 524651106 95.30 25,000 SH PUT SH-DEF 3 25,000
LEGGETT & PLATT INC COM 524660107 236.40 8,500 SH SH-DEF 3 8,500
LEHMAN BROTHERS HOLDINGS INC COM 524908100 2,703.70 43,521 SH SH-DEF 3 43,521
LEUKOSITE INC COM 52728R102 2,000.00 166,667 SH SH-DEF 3 166,667
LEVEL ONE COMMUNICATIONS INC COM 527295109 22,463.50 459,025 SH SH-DEF 3 459,025
LEXMARK INTL GROUP INC. COM 529771107 831.90 12,700 SH SH-DEF 3 12,700
LG ELECTRONICS SHS/GLOBAL COM 50185P205 73.90 21,406 SH SH-DEF 3 21,406
LHS GROUP INC COM 501938104 6,684.50 201,797 SH SH-DEF 3 201,797
LHS GROUP INC CLL 501938104 450.00 50,000 SH CLL SH-DEF 3 50,000
LHS GROUP INC CLL 501938104 14.10 150,000 SH CLL SH-DEF 3 150,000
LIMITED INC. COM 532716107 2,898.30 63,874 SH SH-DEF 3 63,874
LINCOLN NATL.CORP.INC. COM 534187109 2,417.00 46,203 SH SH-DEF 3 46,203
LINEAR TECHNOLOGY CORP COM 535678106 1,271.00 18,900 SH SH-DEF 3 18,900
LIZ CLAIBORNE INC. COM 539320101 1,253.20 34,333 SH SH-DEF 3 34,333
LNR PROPERTY CORP COM 501940100 26,718.80 1,250,000 SH SH-DEF 3 1,250,000
LOCKHEED MARTIN CORP COM 539830109 3,070.60 82,431 SH SH-DEF 3 82,431
LOEWS CORP COM 540424108 5,170.50 65,346 SH SH-DEF 3 65,346
LOMAS FINANCIAL CORP (NEW) COM 541535100 1.80 120,507 SH SH-DEF 3 120,507
LOUISIANA PACIFIC CORP COM 546347105 1,031.80 43,217 SH SH-DEF 3 43,217
LOWES COMPANIES INC COM 548661107 5,327.40 93,979 SH SH-DEF 3 93,979
LSI LOGIC CORP COM 502161102 2,044.40 44,322 SH SH-DEF 3 44,322
LTC PPTYS INC CONV SUB DEB CNV 502175AF9 232.80 250,000 SH SH-DEF 3 250,000
LUCENT TECHNOLOGIES INC COM 549463107 71,311.90 1,057,451 SH SH-DEF 3 1,057,451
LUKOIL OIL CO SPONS ADR COM 677862104 1,306.20 32,984 SH SH-DEF 3 32,984
LUMINART INC COM 55026E103 0.00 35,000 SH SH-DEF 3 35,000
MAGNA INTL INC 144A/REG S CNV 559222AF1 392.30 400,000 SH SH-DEF 3 400,000
MAGNA INTL INC CL A-SUB VOTING COM 559222401 1,749.60 30,830 SH SH-DEF 3 30,830
MAGYR TAVKOZLESI RT SPON ADR COM 559776109 522.50 19,000 SH SH-DEF 3 19,000
MALLINCKRODT INC COM 561232109 514.20 14,135 SH SH-DEF 3 14,135
MARRIOTT INTERNATIONAL INC COM 571903202 2,293.80 61,373 SH SH-DEF 3 61,373
MARSH & MCLENNAN CO INC COM 571748102 3,992.70 52,753 SH SH-DEF 3 52,753
MARSHALL & ILSLEY CORP COM 571834100 373.40 5,800 SH SH-DEF 3 5,800
MARTIN MARIETTA MATERIALSINC COM 573284106 289.10 4,900 SH SH-DEF 3 4,900
MASCO CORP COM 574599106 2,393.00 82,875 SH SH-DEF 3 82,875
MATTEL INC COM 577081102 3,201.20 122,534 SH SH-DEF 3 122,534
MAXIM INTEGRATED PRODUCTS INC COM 57772K101 485.50 7,300 SH SH-DEF 3 7,300
MAXTOR CORP (NEW) COM 577729205 670.70 133,300 SH SH-DEF 3 133,300
MAXTOR CORP (NEW) PUT 577729205 27.10 51,000 SH PUT SH-DEF 3 51,000
MAY DEPT.STORES CO. COM 577778103 3,181.70 77,839 SH SH-DEF 3 77,839
MAYTAG CORP COM 578592107 1,478.80 21,183 SH SH-DEF 3 21,183
MBIA INC COM 55262C100 1,755.00 27,105 SH SH-DEF 3 27,105
MBNA CORP COM 55262L100 5,912.40 193,057 SH SH-DEF 3 193,057
MBO PROPERTIES INC COM 55263L109 7.40 29,494 SH SH-DEF 3 29,494
MC DONALDS CORP COM 580135101 20,389.10 495,783 SH SH-DEF 3 495,783
MC DONALDS CORP PUT 580135101 671.90 250,000 SH PUT SH-DEF 3 250,000
MCDERMOTT INTL COM 580037109 506.90 17,943 SH SH-DEF 3 17,943
MCGRAW-HILL COMPANIES INC COM 580645109 3,102.80 57,526 SH SH-DEF 3 57,526
MCI WORLDCOM INC CLL 55268B106 28.40 18,200 SH CLL SH-DEF 3 18,200
MCI WORLDCOM INC COM 55268B106 40,575.60 471,467 SH SH-DEF 3 471,467
MCI WORLDCOM INC CLL 55268B106 317.50 10,000 SH CLL SH-DEF 3 10,000
MCKESSON HBOC INC COM 58155Q103 2,132.20 66,243 SH SH-DEF 3 66,243
MCLEODUSA INC CL-A COM 582266102 374.10 6,802 SH SH-DEF 3 6,802
MCORP COM 55267M103 0.00 12,800 SH SH-DEF 3 12,800
MEAD CORP COM 582834107 699.40 16,753 SH SH-DEF 3 16,753
MEDIAONE GROUP INC COM 58440J104 10,375.50 139,502 SH SH-DEF 3 139,502
MEDIAONE GROUP INC(PIES) CNV 58440J401 19,881.10 224,485 SH SH-DEF 3 224,485
MEDIMMUNE INC COM 584699102 374.90 5,533 SH SH-DEF 3 5,533
MEDTRONIC INC COM 585055106 14,865.10 190,884 SH SH-DEF 3 190,884
MELLON BANK CORP PUT 585509102 16.50 31,000 SH PUT SH-DEF 3 31,000
MELLON BANK CORP CLL 585509102 50.70 29,500 SH CLL SH-DEF 3 29,500
MELLON BANK CORP COM 585509102 13,282.70 365,160 SH SH-DEF 3 365,160
MEMOREX TELEX N.V. (NEW) COM 586014102 920.00 919,957 SH SH-DEF 3 919,957
MERCANTILE BANCORP INC COM 587342106 1,926.90 33,732 SH SH-DEF 3 33,732
MERCHANTS CAP CORP CL-B CONV COM 588530204 4.80 96,000 SH SH-DEF 3 96,000
MERCK & CO.INC. CLL 589331107 2.30 37,500 SH CLL SH-DEF 3 37,500
MERCK & CO.INC. COM 589331107 49,928.20 678,142 SH SH-DEF 3 678,142
MERCK & CO.INC. CLL 589331107 345.00 10,000 SH CLL SH-DEF 3 10,000
MERCK & CO.INC. CLL 589331107 737.50 100,000 SH CLL SH-DEF 3 100,000
MEREDITH CORP. COM 589433101 332.20 9,595 SH SH-DEF 3 9,595
MERRILL LYNCH CO INC PUT 590188108 30.00 80,000 SH PUT SH-DEF 3 80,000
MERRILL LYNCH CO INC COM 590188108 27,781.80 349,456 SH SH-DEF 3 349,456
MERRILL LYNCH CO INC CLL 590188108 1,831.30 50,000 SH CLL SH-DEF 3 50,000
METAMOR WORLDWIDE INC COM 59133P100 578.40 24,037 SH SH-DEF 3 24,037
METROMEDIA INTL GROUP INC PFD 591695200 467.10 14,800 SH SH-DEF 3 14,800
MFN FINANCIAL CORP COM 55272N104 17,081.30 1,718,782 SH SH-DEF 3 1,718,782
MGIC INVESTMENT CORP COM 552848103 1,111.20 22,852 SH SH-DEF 3 22,852
MICRO WAREHOUSE INC COM 59501B105 293.20 16,401 SH SH-DEF 3 16,401
MICRON TECHNOLOGY INC COM 595112103 4,283.70 105,771 SH SH-DEF 3 105,771
MICRON TECHNOLOGY INC PUT 595112103 145.00 20,000 SH PUT SH-DEF 3 20,000
MICROSCIENCE INTL CORP COM 59513U109 5.00 81,000 SH SH-DEF 3 81,000
MICROSOFT CORP. PUT 594918104 78.80 360,000 SH PUT SH-DEF 3 360,000
MICROSOFT CORP. PUT 594918104 168.80 600,000 SH PUT SH-DEF 3 600,000
MICROSOFT CORP. PUT 594918104 175.00 200,000 SH PUT SH-DEF 3 200,000
MICROSOFT CORP. COM 594918104 444,856.70 4,932,576 SH SH-DEF 3 4,932,576
MICROSOFT CORP. PUT 594918104 273.80 1,460,000 SH PUT SH-DEF 3 1,460,000
MICROSOFT CORP. CLL 594918104 9,825.00 200,000 SH CLL SH-DEF 3 200,000
MILLENNIUM PHARMACEUTICALS INC COM 599902103 540.00 15,000 SH SH-DEF 3 15,000
MILLENNIUM PHARMACEUTICALS INC PUT 599902103 9.40 50,000 SH PUT SH-DEF 3 50,000
MILLICOM INT'L CELLULAR S.A. COM L6388F102 546.30 17,344 SH SH-DEF 3 17,344
MILLIPORE CORP. COM 601073109 349.20 8,609 SH SH-DEF 3 8,609
MINNESOTA MNG. & MFG.CO. COM 604059105 9,109.70 104,785 SH SH-DEF 3 104,785
MIRAGE RESORTS INC COM 60462E104 246.20 14,700 SH SH-DEF 3 14,700
MOBIL CORP COM 607059102 18,717.00 189,539 SH SH-DEF 3 189,539
MOBILEMEDIA CORP COM 607415106 48.50 94,020 SH SH-DEF 3 94,020
MOLEX INC COM 608554101 358.90 9,700 SH SH-DEF 3 9,700
MOMENTUM BUSINESS COM 60877P108 1,444.90 204,588 SH SH-DEF 3 204,588
MONSANTO COMPANY COM 611662107 10,418.40 263,341 SH SH-DEF 3 263,341
MONTANA POWER CO COM 612085100 387.80 5,500 SH SH-DEF 3 5,500
MONTANA POWER CO CLL 612085100 63.80 20,000 SH CLL SH-DEF 3 20,000
MORGAN J P & CO INC PUT 616880100 106.90 90,000 SH PUT SH-DEF 3 90,000
MORGAN J P & CO INC COM 616880100 37,080.30 263,917 SH SH-DEF 3 263,917
MORGAN J P & CO INC CLL 616880100 332.50 20,000 SH CLL SH-DEF 3 20,000
MORGAN STANLEY DEAN WITTER COM 617446448 14,435.30 140,661 SH SH-DEF 3 140,661
MORGAN STANLEY DEAN WITTER & CO PUT 617446448 196.90 35,000 SH PUT SH-DEF 3 35,000
MOTOROLA INC COM 620076109 30,193.80 318,668 SH SH-DEF 3 318,668
MOTOROLA INC PUT 620076109 234.40 250,000 SH PUT SH-DEF 3 250,000
MTI TECHNOLOGY CORP CLL 553903105 236.30 60,000 SH CLL SH-DEF 3 60,000
NAB ASSET CORP LIQUIDATING COM 628712986 0.30 33,215 SH SH-DEF 3 33,215
NAB ASSET CORP COM 628712200 20.20 24,911 SH SH-DEF 3 24,911
NABISCO GROUP HOLDINGS COM 62952P102 32,180.10 1,644,991 SH SH-DEF 3 1,644,991
NABORS INDUSTRIES CONV CNV 629568AA4 5,417.90 4,004,000 SH SH-DEF 3 4,004,000
NABORS INDUSTRIES INC COM 629568106 2,009.10 82,426 SH SH-DEF 3 82,426
NALCO CHEMICAL CO. COM 629853102 756.60 14,586 SH SH-DEF 3 14,586
NATIONAL CITY CORP COM 635405103 5,647.70 86,224 SH SH-DEF 3 86,224
NATIONAL DATA CORP CONV CNV 635621AA3 3,172.40 3,095,000 SH SH-DEF 3 3,095,000
NATIONAL SERVICE IND.INC COM 637657107 270.50 7,515 SH SH-DEF 3 7,515
NATL SEMICONDUCTOR CORP COM 637640103 500.00 19,754 SH SH-DEF 3 19,754
NAVISTAR INTL CORP (NEW) COM 63934E108 795.80 15,916 SH SH-DEF 3 15,916
NCR CORP COM 62886E108 234.30 4,800 SH SH-DEF 3 4,800
NCS HEALTHCARE INC SUB NTS CV CNV 628874AC3 1,107.50 2,000,000 SH SH-DEF 3 2,000,000
NESTLE SA SPONSORED ADR COM 641069406 12,546.00 139,264 SH SH-DEF 3 139,264
NETBANK INC COM 640933107 380.00 10,000 SH SH-DEF 3 10,000
NETWORK APPLIANCE INC COM 64120L104 376.20 6,732 SH SH-DEF 3 6,732
NETWORK ASSOCIATES INC COM 640938106 7,319.30 498,336 SH SH-DEF 3 498,336
NETWORK ASSOCIATES INC CLL 640938106 94.70 116,500 SH CLL SH-DEF 3 116,500
NEW CENTURY ENERGIES INC COM 64352U103 1,251.00 32,231 SH SH-DEF 3 32,231
NEW ENGLAND ELEC.SYSTEM COM 644001109 180.50 3,600 SH SH-DEF 3 3,600
NEW WORLD COMPUTERS INC. COM 649270105 0.00 10,000 SH SH-DEF 3 10,000
NEW YORK TIMES CO.A COM 650111107 1,817.30 49,366 SH SH-DEF 3 49,366
NEWELL RUBBERMAID INC COM 651229106 2,881.70 62,140 SH SH-DEF 3 62,140
NEWMONT MINING CORP COM 651639106 784.60 39,477 SH SH-DEF 3 39,477
NEWMONT MINING CORP CLL 651639106 48.10 14,000 SH CLL SH-DEF 3 14,000
NEWMONT MINING CORP CLL 651639106 82.70 91,300 SH CLL SH-DEF 3 91,300
NEWMONT MINING CORP CLL 651639106 87.50 14,000 SH CLL SH-DEF 3 14,000
NEWS CORP LTD ADR NEW COM 652487703 1,427.20 40,415 SH SH-DEF 3 40,415
NEWS CORP LTD SPON ADR REPSTG COM 652487802 489.20 15,500 SH SH-DEF 3 15,500
NEXTEL COMMUNICATIONS CL A COM 65332V103 3,286.40 65,482 SH SH-DEF 3 65,482
NEXTLINK COMMUNICATIONS INC COM 65333H707 704.50 9,472 SH SH-DEF 3 9,472
NIAGARA MOHAWK HOLDINGS INC COM 653520106 11,455.30 713,173 SH SH-DEF 3 713,173
NICOR INC COM 654086107 353.70 9,293 SH SH-DEF 3 9,293
NIKE CLASS-B COM 654106103 4,317.90 68,133 SH SH-DEF 3 68,133
NOBLE DRILLING CORP COM 655042109 1,835.40 93,226 SH SH-DEF 3 93,226
NOKIA CORP SPON ADR COM 654902204 28,430.20 310,500 SH SH-DEF 3 310,500
NORDSTROM INC COM 655664100 1,447.50 43,208 SH SH-DEF 3 43,208
NORFOLK SOUTHERN CORP COM 655844108 2,739.70 90,943 SH SH-DEF 3 90,943
NORTEL INVERSORA ADR COM 656567401 39,615.00 2,280,000 SH SH-DEF 3 2,280,000
NORTEL NETWORKS CORP COM 656569100 16,666.50 191,983 SH SH-DEF 3 191,983
NORTHERN STATES POWER CO MINN COM 665772109 576.10 23,817 SH SH-DEF 3 23,817
NORTHERN TRUST CORP COM 665859104 1,942.20 20,023 SH SH-DEF 3 20,023
NORTHPOINT COMMUNICATION GRP COM 666610100 5,816.20 159,347 SH SH-DEF 3 159,347
NORTHROP GRUMMAN CORP.COMMON COM 666807102 1,972.30 29,742 SH SH-DEF 3 29,742
NORTHWEST AIRLINES CL-A COM 667280101 1,092.10 33,604 SH SH-DEF 3 33,604
NOVARTIS AG-ADR COM 66987V109 58,033.20 794,866 SH SH-DEF 3 794,866
NOVELL INC COM 670006105 40,550.30 1,530,200 SH SH-DEF 3 1,530,200
NOVELLUS SYSTEMS INC COM 670008101 871.10 12,764 SH SH-DEF 3 12,764
NTT MOBILE COMM NTWK ADS COM 629424201 3,280.00 400 SH SH-DEF 3 400
NUCOR CORP COM 670346105 1,455.00 30,671 SH SH-DEF 3 30,671
OCCIDENTAL PETROLEUM CORP COM 674599105 46,451.80 2,198,904 SH SH-DEF 3 2,198,904
OFFICE DEPOT INC COM 676220106 1,658.10 75,155 SH SH-DEF 3 75,155
OFFICE DEPOT LIQ YIELD OPT NTS CNV 676220AA4 7,187.50 7,297,000 SH SH-DEF 3 7,297,000
OLD KENT FINCL CORP COM 679833103 338.60 8,085 SH SH-DEF 3 8,085
OLD REPUBLIC INTL CORP COM 680223104 207.80 12,000 SH SH-DEF 3 12,000
OLYMPIA BROADCASTING CORP COM 681455101 0.00 10,182 SH SH-DEF 3 10,182
OLYMPIC STEEL INC. COM 68162K106 88.10 13,300 SH SH-DEF 3 13,300
OMNICARE INC SUB DEB CONV CNV 681904AD0 2,260.60 3,073,000 SH SH-DEF 3 3,073,000
OMNICARE INC. COM 681904108 219.70 17,400 SH SH-DEF 3 17,400
OMNICOM GROUP COM 681919106 3,727.40 46,593 SH SH-DEF 3 46,593
OMNICOM GROUP SUB DEB CONV CNV 681919AC0 8,971.00 3,500,000 SH SH-DEF 3 3,500,000
OMNICOM GROUP SUB DEB CONV CNV 681919AE6 22,337.70 8,715,000 SH SH-DEF 3 8,715,000
OMNIPOINT CORP COM 68212D102 983.90 34,000 SH SH-DEF 3 34,000
OMNIPOINT CORP PUT 68212D102 12.50 100,000 SH PUT SH-DEF 3 100,000
ONEOK INC COM 682680103 205.10 6,460 SH SH-DEF 3 6,460
ORACLE CORP COM 68389X105 72,913.10 1,963,990 SH SH-DEF 3 1,963,990
ORFA CORP AMERICA COM 686165101 0.00 1,135,851 SH SH-DEF 3 1,135,851
OWENS CORNING COM 69073F103 411.80 11,980 SH SH-DEF 3 11,980
OWENS-ILLINOIS INC COM 690768403 1,021.90 31,263 SH SH-DEF 3 31,263
OXFORD HEALTH PLANS INC COM 691471106 452.90 29,100 SH SH-DEF 3 29,100
P G & E CORP COM 69331C108 3,359.50 103,569 SH SH-DEF 3 103,569
P P & L RESOURCES INC COM 693499105 1,433.90 46,631 SH SH-DEF 3 46,631
P.T. TELEKOMUNIKASI INDONESIA COM 715684106 125.60 10,100 SH SH-DEF 3 10,100
PACCAR INC COM 693718108 1,657.10 31,046 SH SH-DEF 3 31,046
PACIFIC COAST MEDICAL COM 694096108 0.00 68,330 SH SH-DEF 3 68,330
PACIFICARE HEALTH SYSTEMS INC COM 695112102 309.30 4,300 SH SH-DEF 3 4,300
PACIFICORP COM 695114108 25,760.50 1,401,930 SH SH-DEF 3 1,401,930
PAGING NETWORK INC COM 695542100 3,819.20 793,600 SH SH-DEF 3 793,600
PAIN SUPRESSION LABS INC COM 695624106 0.20 15,000 SH SH-DEF 3 15,000
PAINE WEBBER GROUP INC COM 695629105 1,527.60 32,675 SH SH-DEF 3 32,675
PALL CORP COM 696429307 416.60 18,778 SH SH-DEF 3 18,778
PAN AM CORP COM 697758100 8.80 20,000 SH SH-DEF 3 20,000
PANEX LIQ TR INDUSTRIES SBI COM 698405990 0.00 247,203 SH SH-DEF 3 247,203
PARACELSUS HEALTHCARE CORP COM 698891108 762.20 580,700 SH SH-DEF 3 580,700
PARAMETRIC TECHNOLOGY CORP COM 699173100 1,536.10 110,711 SH SH-DEF 3 110,711
PAREXEL INTERNATIONAL CORP CLL 699462107 2.50 20,000 SH CLL SH-DEF 3 20,000
PARK PLACE ENTERTAINMENT CORP COM 700690100 975.90 102,100 SH SH-DEF 3 102,100
PARKER-HANNIFIN CORP. COM 701094104 1,019.20 22,278 SH SH-DEF 3 22,278
PARKERVISION INC COM 701354102 252.00 7,200 SH SH-DEF 3 7,200
PAYCHEX INC COM 704326107 1,760.50 55,230 SH SH-DEF 3 55,230
PCORDER.COM INC COM 70453H107 842.10 20,262 SH SH-DEF 3 20,262
PE CORP-PE BIOSYSTEMS GROUP COM 69332S102 1,398.20 12,185 SH SH-DEF 3 12,185
PECO ENERGY COMPANY COM 693304107 2,400.70 57,331 SH SH-DEF 3 57,331
PEGASUS COMMUNICATIONS CORP CLL 705904100 48.80 40,000 SH CLL SH-DEF 3 40,000
PENNEY J C INC COM 708160106 3,391.50 69,838 SH SH-DEF 3 69,838
PENNZENERGY COMPANY COM 70931Q109 74.80 4,500 SH SH-DEF 3 4,500
PEOPLESOFT INC COM 712713106 2,642.10 153,163 SH SH-DEF 3 153,163
PEPSICO INC (NORTH CAROLINA) CLL 713448108 15.60 50,000 SH CLL SH-DEF 3 50,000
PEPSICO INC (NORTH CAROLINA) COM 713448108 25,103.10 648,868 SH SH-DEF 3 648,868
PEREGRINE INVESTMENT ADR COM 713659100 0.00 10,050 SH SH-DEF 3 10,050
PETRIE STORES LIQUIDATING COM 716437108 4,425.80 1,863,500 SH SH-DEF 3 1,863,500
PETROLEO BRASILEIR SA ADR 144A COM 71654V200 1,627.60 105,704 SH SH-DEF 3 105,704
PETROLEO BRASILEIRO(PETROBRAS) COM 71654V101 308.00 20,000 SH SH-DEF 3 20,000
PETROLEUM GEO-SVCS A/S COM 716597109 3,996.90 268,700 SH SH-DEF 3 268,700
PETSMART INC. COM 716768106 156.40 15,260 SH SH-DEF 3 15,260
PFIZER INC. COM 717081103 36,543.60 335,262 SH SH-DEF 3 335,262
PFIZER INC. CLL 717081103 1,148.00 197,500 SH CLL SH-DEF 3 197,500
PFIZER INC. CLL 717081103 4,875.00 500,000 SH CLL SH-DEF 3 500,000
PHARMACIA & UPJOHN INC COM 716941109 18,800.40 330,920 SH SH-DEF 3 330,920
PHELPS DODGE CORP COM 717265102 712.40 11,502 SH SH-DEF 3 11,502
PHILIP MORRIS CO INC (HLDG CO) COM 718154107 86,185.60 2,144,587 SH SH-DEF 3 2,144,587
PHILIP MORRIS CO INC (HLDG CO) CLL 718154107 187.50 300,000 SH CLL SH-DEF 3 300,000
PHILIP MORRIS CO INC (HLDG CO) CLL 718154107 225.00 200,000 SH CLL SH-DEF 3 200,000
PHILIPPINE LONG DISTANCE TELE PFD 718252703 6,851.20 131,280 SH SH-DEF 3 131,280
PHILLIPS PETROLEUM CO. COM 718507106 3,439.80 68,368 SH SH-DEF 3 68,368
PHLX EUROPEAN STYLE OIL SVC MKT INDXCLL 69333V104 165.00 10,000 SH CLL SH-DEF 3 10,000
PHLX EUROPEAN STYLE OIL SVC MKT INDXCLL 69333V104 1,943.80 50,000 SH CLL SH-DEF 3 50,000
PHLX SEMI CONDUCTOR-SOX MKT INDX CLL 692982101 411.30 10,000 SH CLL SH-DEF 3 10,000
PINNACLE WEST CAPITAL CORP COM 723484101 237.50 5,900 SH SH-DEF 3 5,900
PIONEER FINL SERVICES SUB NT CNV 723672AE1 8,038.60 7,036,000 SH SH-DEF 3 7,036,000
PIONEER HI BRED INTL INC COM 723686101 2,444.80 62,788 SH SH-DEF 3 62,788
PITNEY-BOWES INC COM 724479100 3,752.80 58,410 SH SH-DEF 3 58,410
PLATNINUM TECHNOLOGY INC CNV 72764TAD3 1,241.60 1,240,000 SH SH-DEF 3 1,240,000
PLAYERS INTERNATIONAL INC. COM 727903106 3,273.20 455,400 SH SH-DEF 3 455,400
PNC BANK CORP COM 693475105 7,366.60 127,837 SH SH-DEF 3 127,837
POGO PRODUCING CO COM 730448107 227.90 12,238 SH SH-DEF 3 12,238
POGO PRODUCING CO (REGISTERED) CNV 730448AE7 226.80 284,000 SH SH-DEF 3 284,000
POHANG IRON & STEEL CO.LTD COM 730450103 1,141.90 33,960 SH SH-DEF 3 33,960
POLAROID CORP. COM 731095105 227.70 8,280 SH SH-DEF 3 8,280
POLLY PECK INTL PLC SPON ADR COM 731649406 0.00 460,500 SH SH-DEF 3 460,500
POOL ENERGY SERVICES CO. COM 732788104 294.50 14,500 SH SH-DEF 3 14,500
POTOMAC ELEC.POWER CO. COM 737679100 306.20 10,400 SH SH-DEF 3 10,400
PPG INDUSTRIES INC. COM 693506107 2,241.70 37,954 SH SH-DEF 3 37,954
PRAXAIR INC COM 74005P104 2,105.50 43,025 SH SH-DEF 3 43,025
PREMISYS COMMUNICATIONS COM 740584107 6,607.60 903,600 SH SH-DEF 3 903,600
PRICELINE.COM INC COM 741503106 279.70 2,420 SH SH-DEF 3 2,420
PRIMIX SOLUTIONS INC COM 741620108 38.10 13,250 SH SH-DEF 3 13,250
PROCTER & GAMBLE CO COM 742718109 29,732.60 333,138 SH SH-DEF 3 333,138
PROGRESSIVE CORP OF OHIO COM 743315103 2,118.90 14,613 SH SH-DEF 3 14,613
PROMUS HOTEL CORP CLL 74342P106 246.40 47,500 SH CLL SH-DEF 3 47,500
PROTEIN DESIGN LABS COM 74369L103 665.60 30,000 SH SH-DEF 3 30,000
PROVIDENT COMPANIES INC COM 743862104 945.50 23,637 SH SH-DEF 3 23,637
PROVIDIAN FINANCIAL CORP COM 74406A102 3,152.90 33,811 SH SH-DEF 3 33,811
PROVIDIAN FINANCIAL CORP PUT 74406A102 105.60 13,000 SH PUT SH-DEF 3 13,000
PROVIDIAN FINANCIAL CORP PUT 74406A102 202.50 10,000 SH PUT SH-DEF 3 10,000
PROVIDIAN FINANCIAL CORP CLL 74406A102 30.10 13,000 SH CLL SH-DEF 3 13,000
PSINET INC CONV PFD 6.75% PFD 74437C309 1,792.50 40,000 SH SH-DEF 3 40,000
PUBLIC-SVC ENTERPRISE GROUP COM 744573106 2,184.90 53,536 SH SH-DEF 3 53,536
PULTE CORP COM 745867101 216.30 9,378 SH SH-DEF 3 9,378
QAD INC COM 74727D108 72.60 23,700 SH SH-DEF 3 23,700
QIAGEN N.V. COM N72482107 1,584.40 23,300 SH SH-DEF 3 23,300
QUADRAMED CORP CONV SUB DEB CNV 74730WAC5 2,570.90 4,750,000 SH SH-DEF 3 4,750,000
QUAKER OATS CO. COM 747402105 2,463.20 37,110 SH SH-DEF 3 37,110
QUALCOMM INC COM 747525103 1,422.80 9,915 SH SH-DEF 3 9,915
QUANTUM CORP COM 747906105 1,460.30 60,532 SH SH-DEF 3 60,532
QUANTUM CORP PUT 747906105 89.10 25,000 SH PUT SH-DEF 3 25,000
QUANTUM CORP CLL 747906105 47.50 11,700 SH CLL SH-DEF 3 11,700
QUANTUM CORP CLL 747906105 67.40 26,000 SH CLL SH-DEF 3 26,000
QUINENCO S.A. ADR COM 748718103 5,765.60 615,000 SH SH-DEF 3 615,000
QUINTILES TRANSNATIONAL CORP COM 748767100 507.90 12,093 SH SH-DEF 3 12,093
QWEST COMMUNICATIONS INTL INC COM 749121109 13,072.90 395,400 SH SH-DEF 3 395,400
QWEST COMMUNICATIONS INTL INCCMN STKPUT 749121109 1,112.70 913,000 SH PUT SH-DEF 3 913,000
R & B FALCON CORP COM 74912E101 1,884.20 200,986 SH SH-DEF 3 200,986
R R DONNELLEY & SONS CO COM 257867101 1,406.60 37,951 SH SH-DEF 3 37,951
R.J.REYNOLDS TOBACCO HOLDINGS COM 76182K105 3,726.70 117,375 SH SH-DEF 3 117,375
RAINFOREST CAFE INC COM 75086K104 1,526.30 301,500 SH SH-DEF 3 301,500
RALSTON-RALSTON PURINA GROUP COM 751277302 2,461.30 80,863 SH SH-DEF 3 80,863
RAMBUS INC COM 750917106 1,004.80 10,900 SH SH-DEF 3 10,900
RATIONAL SOFTWARE CORP (NEW) COM 75409P202 256.90 7,800 SH SH-DEF 3 7,800
RAYCHEM CO COM 754603108 595.00 16,082 SH SH-DEF 3 16,082
RAYTHEON COMPANY CL-A (NEW) COM 755111309 300.20 4,359 SH SH-DEF 3 4,359
RAYTHEON COMPANY CL-B (NEW) COM 755111408 5,973.20 84,726 SH SH-DEF 3 84,726
REALNETWORKS INC. COM 75605L104 688.80 10,000 SH SH-DEF 3 10,000
REDDI BRAKE SUPPLY CORP COM 757275102 2.40 238,000 SH SH-DEF 3 238,000
REEBOK INTERNATIONAL LTD COM 758110100 313.50 16,831 SH SH-DEF 3 16,831
REGAL COMMUN NEW COM 758756308 0.00 257,800 SH SH-DEF 3 257,800
REGIONS FINANCIAL CORP COM 758940100 1,827.10 47,535 SH SH-DEF 3 47,535
RELIANCE GROUP HOLDINGS INC COM 759464100 260.30 35,000 SH SH-DEF 3 35,000
RELIANCE GROUP HOLDINGS INC PUT 759464100 48.10 70,000 SH PUT SH-DEF 3 70,000
RELIANCE INDUSTRIES LTD COM 759990310 293.70 29,220 SH SH-DEF 3 29,220
RELIANT ENERGY INC COM 75952J108 2,610.10 94,484 SH SH-DEF 3 94,484
REPUBLIC N.Y. CORP. COM 760719104 1,916.20 28,102 SH SH-DEF 3 28,102
RESEARCH IN MOTION COM 760975102 243.00 12,000 SH SH-DEF 3 12,000
REVLON COM 761525500 7,250.90 239,700 SH SH-DEF 3 239,700
REYNOLDS METALS CO COM 761763101 3,001.90 50,880 SH SH-DEF 3 50,880
REYNOLDS METALS CO PUT 761763101 440.00 55,000 SH PUT SH-DEF 3 55,000
REYNOLDS METALS CO CLL 761763101 67.50 10,000 SH CLL SH-DEF 3 10,000
RITE AID CORP COM 767754104 1,897.60 77,061 SH SH-DEF 3 77,061
RITE AID CORP CLL 767754104 133.60 37,500 SH CLL SH-DEF 3 37,500
ROCHE HOLDING AG COM 771195104 547.10 5,322 SH SH-DEF 3 5,322
ROCKWELL INTERNATIONAL CORP COM 773903109 2,548.00 41,942 SH SH-DEF 3 41,942
ROHM AND HAAS CO COM 775371107 2,017.80 47,063 SH SH-DEF 3 47,063
ROSTELECOM SPON ADR COM 778529107 304.20 31,000 SH SH-DEF 3 31,000
ROWAN COMPANIES INC COM 779382100 1,648.90 90,352 SH SH-DEF 3 90,352
ROYAL CARIBBEAN CRUISE PFD CV PFD V7780T111 6,655.50 48,915 SH SH-DEF 3 48,915
ROYAL DUTCH PETROLEUM COMPANY COM 780257804 34,901.70 579,281 SH SH-DEF 3 579,281
RSL COMMUNICATIONS LTD. CL A COM G7702U102 325.50 16,852 SH SH-DEF 3 16,852
S C I SYSTEMS INC COM 783890106 6,286.70 132,700 SH SH-DEF 3 132,700
S3 INC COM 784849101 4,345.40 477,850 SH SH-DEF 3 477,850
SAFECO CORP COM 786429100 1,573.60 35,663 SH SH-DEF 3 35,663
SAFEGUARD SCIENT CV 144A CNV 786449AD0 763.10 750,000 SH SH-DEF 3 750,000
SAFEWAY INC COM 786514208 5,477.80 110,662 SH SH-DEF 3 110,662
SAKS INCORPORATED COM 79377W108 296.40 10,266 SH SH-DEF 3 10,266
SAMSUNG ELECTRONICS CO LTD GDS COM 796050888 972.40 18,863 SH SH-DEF 3 18,863
SAMSUNG ELECTRONICS RULE COM 796050201 404.80 19,990 SH SH-DEF 3 19,990
SANMINA CORP COM 800907107 804.30 10,600 SH SH-DEF 3 10,600
SANTA ISABEL S.A. ADS COM 802233106 939.60 92,800 SH SH-DEF 3 92,800
SAP AKTIENGESELLSCHAFT COM 803054204 363.70 10,505 SH SH-DEF 3 10,505
SAPIENS INTL CORP N.V. COM N7716A102 639.50 64,357 SH SH-DEF 3 64,357
SAPPI LTD SPONS ADR COM 803069202 727.50 10,000 SH SH-DEF 3 10,000
SARA LEE CORP PUT 803111103 13.10 15,000 SH PUT SH-DEF 3 15,000
SARA LEE CORP COM 803111103 5,116.90 225,537 SH SH-DEF 3 225,537
SARA LEE CORP CLL 803111103 346.70 396,200 SH CLL SH-DEF 3 396,200
SAVILLE SYSTEMS IRELAND ADR CLL 805174109 46.30 370,000 SH CLL SH-DEF 3 370,000
SAVILLE SYSTEMS IRELAND ADR COM 805174109 14.50 1,000 SH SH-DEF 3 1,000
SBC COMMUNICATIONS CONV PFD CNV 78387G202 696.30 10,100 SH SH-DEF 3 10,100
SBC COMMUNICATIONS INC COM 78387G103 25,954.50 447,491 SH SH-DEF 3 447,491
SCANA CORP COM 805898103 201.00 8,600 SH SH-DEF 3 8,600
SCHERING-PLOUGH CORP CLL 806605101 68.80 20,000 SH CLL SH-DEF 3 20,000
SCHERING-PLOUGH CORP CLL 806605101 184.40 25,000 SH CLL SH-DEF 3 25,000
SCHERING-PLOUGH CORP COM 806605101 63,741.20 1,214,119 SH SH-DEF 3 1,214,119
SCHLUMBERGER LTD COM 806857108 14,381.80 225,819 SH SH-DEF 3 225,819
SCHLUMBERGER LTD PUT 806857108 37.50 200,000 SH PUT SH-DEF 3 200,000
SCHLUMBERGER LTD CLL 806857108 1,090.10 76,500 SH CLL SH-DEF 3 76,500
SCHOLASTIC CORP 144A CNV 807066AA3 1,085.90 1,140,000 SH SH-DEF 3 1,140,000
SCIENTIFIC-ATLANTA INC. COM 808655104 687.70 19,102 SH SH-DEF 3 19,102
SCM MICROSYSTEMS INC. COM 784018103 352.40 7,598 SH SH-DEF 3 7,598
SEACOR HOLDINGS INC SUB CONV CNV 811904AE1 1,028.30 1,038,000 SH SH-DEF 3 1,038,000
SEAGATE TECHNOLOGY INC COM 811804103 10,446.50 407,667 SH SH-DEF 3 407,667
SEAGATE TECHNOLOGY INC CLL 811804103 331.30 50,000 SH CLL SH-DEF 3 50,000
SEALED AIR CORP CONV PFD 81211K209 404.70 6,527 SH SH-DEF 3 6,527
SEALED AIR CORP (NEW) COM 81211K100 1,247.00 19,222 SH SH-DEF 3 19,222
SEARS ROEBUCK & CO COM 812387108 4,508.30 101,169 SH SH-DEF 3 101,169
SEMPRA ENERGY COM 816851109 1,098.60 48,558 SH SH-DEF 3 48,558
SEPRACOR INC COM 817315104 223.40 2,750 SH SH-DEF 3 2,750
SEPRACOR INC CLL 817315104 172.50 30,000 SH CLL SH-DEF 3 30,000
SERVICE CORP INTERNATL COM 817565104 1,119.10 58,134 SH SH-DEF 3 58,134
SHARED MEDICAL SYS CORP COM 819486101 320.60 4,914 SH SH-DEF 3 4,914
SHERIDAN ENERGY INC COM 823764105 1,346.10 398,841 SH SH-DEF 3 398,841
SHERWIN-WILLIAMS CO COM 824348106 1,690.50 60,920 SH SH-DEF 3 60,920
SIBIA NEUROSCIENCES INC COM 825732100 550.40 119,000 SH SH-DEF 3 119,000
SIEBEL SYSTEMS INC COM 826170102 7,698.90 116,100 SH SH-DEF 3 116,100
SIEBEL SYSTEMS INC CLL 826170102 599.10 45,000 SH CLL SH-DEF 3 45,000
SIGMA ALDRICH CORP COM 826552101 548.50 15,928 SH SH-DEF 3 15,928
SILICON GRAPHICS INC COM 827056102 1,254.60 76,617 SH SH-DEF 3 76,617
SK CORP COM 784328106 77.80 10,000 SH SH-DEF 3 10,000
SK TELECOM CO LTD ADR COM 78440P108 1,189.30 69,959 SH SH-DEF 3 69,959
SKYTEL COMMUNICATIONS INC COM 83087Q104 100.00 4,779 SH SH-DEF 3 4,779
SLM HOLDING CORP COM 78442A109 1,760.00 38,418 SH SH-DEF 3 38,418
SMITH INTERNATIONAL INC COM 832110100 3,719.40 85,626 SH SH-DEF 3 85,626
SMITHKLINE BEECHAM PLC ADR COM 832378301 990.90 15,000 SH SH-DEF 3 15,000
SMURFIT (JEFFERSON) PLC ADR COM 47508W107 1,225.30 52,000 SH SH-DEF 3 52,000
SNAP-ON INC COM 833034101 433.10 11,969 SH SH-DEF 3 11,969
SOCIEDAD QUIMICA Y MINERA DE COM 833636103 252.00 7,200 SH SH-DEF 3 7,200
SOLECTRON CORP COM 834182107 6,289.80 94,318 SH SH-DEF 3 94,318
SOLUTIA INC COM 834376105 204.60 9,600 SH SH-DEF 3 9,600
SONAT INC COM 835415100 750.60 22,660 SH SH-DEF 3 22,660
SONOCO PRODUCTS CO COM 835495102 254.20 8,490 SH SH-DEF 3 8,490
SONY CORP AMER SHS NEW COM 835699307 577.30 5,230 SH SH-DEF 3 5,230
SOUTHERN PERU COPPER CORP COM 843611104 154.50 10,700 SH SH-DEF 3 10,700
SOUTHTRUST CORP COM 844730101 1,923.00 50,111 SH SH-DEF 3 50,111
SOUTHWEST AIRLINES CO COM 844741108 2,106.10 67,665 SH SH-DEF 3 67,665
SOVEREIGN BANCORP INC COM 845905108 325.20 26,818 SH SH-DEF 3 26,818
SPORTS AUTHORITY INC SUB NT CV CNV 849176AC6 420.50 615,000 SH SH-DEF 3 615,000
SPORTS HEROES INC COM 848914107 0.40 20,000 SH SH-DEF 3 20,000
SPRINT CORP COM 852061100 11,463.10 216,285 SH SH-DEF 3 216,285
SPRINT CORP (PCS GRP) COM 852061506 5,862.30 102,847 SH SH-DEF 3 102,847
ST JUDE MEDICAL INC COM 790849103 599.80 16,836 SH SH-DEF 3 16,836
ST. JOHN KNITS INC COM 790289102 19,012.50 650,000 SH SH-DEF 3 650,000
ST.PAUL COMPANIES INC COM 792860108 1,884.30 59,233 SH SH-DEF 3 59,233
STANLEY WORKS COM 854616109 683.60 21,239 SH SH-DEF 3 21,239
STAPLES INC. COM 855030102 3,435.00 111,030 SH SH-DEF 3 111,030
STARBUCKS CORP. COM 855244109 470.70 12,531 SH SH-DEF 3 12,531
STARBUCKS CORP. CLL 855244109 312.50 40,000 SH CLL SH-DEF 3 40,000
STATE STREET CORP (NEW) COM 857477103 3,085.20 36,137 SH SH-DEF 3 36,137
STD&PRS 500 MKT INDX (NEW MKT INDX PUT 648815108 8,772.40 201,100 SH PUT SH-DEF 3 201,100
STERLING COMMERCE INC. COM 859205106 1,436.90 39,100 SH SH-DEF 3 39,100
STET HELLAS TELECOMMUNICATIONS COM 859823106 938.90 41,960 SH SH-DEF 3 41,960
STEWART ENTERPRISES INC COM 860370105 211.90 14,552 SH SH-DEF 3 14,552
STIRLING COOKE BROWN HOLDINGS COM G84951105 69.80 16,930 SH SH-DEF 3 16,930
STMICROELECTRONICS NV COM 861012102 3,049.80 44,000 SH SH-DEF 3 44,000
STRATUS PROPERTIES INC COM 863167102 627.80 135,750 SH SH-DEF 3 135,750
STRYKER CORP COM 863667101 342.70 5,700 SH SH-DEF 3 5,700
SUBSTANCE ABUSE TECHNOLOGIES COM 864325105 0.40 50,000 SH SH-DEF 3 50,000
SUMMIT BANCORP COM 866005101 1,486.10 35,543 SH SH-DEF 3 35,543
SUN MICROSYSTEMSINC COM 866810104 19,124.50 277,670 SH SH-DEF 3 277,670
SUNGARD DATA SYSTEMSINC COM 867363103 234.60 6,800 SH SH-DEF 3 6,800
SUNOCO INC COM 86764P109 1,182.90 39,185 SH SH-DEF 3 39,185
SUNTRUST BANKS INC $1.00 PAR COM 867914103 5,326.20 76,705 SH SH-DEF 3 76,705
SUPER COMPUTING SOLUTION INC. COM 868047101 0.80 25,000 SH SH-DEF 3 25,000
SUPERVALU INC COM 868536103 525.40 20,305 SH SH-DEF 3 20,305
SWISSCOM COM 871013108 5,472.30 142,600 SH SH-DEF 3 142,600
SYMANTEC CORP COM 871503108 345.40 13,544 SH SH-DEF 3 13,544
SYNOPSYS INC COM 871607107 298.00 5,400 SH SH-DEF 3 5,400
SYNOVUS FINANCIAL CORP COM 87161C105 1,026.20 51,633 SH SH-DEF 3 51,633
SYSCO CORP COM 871829107 2,399.00 80,469 SH SH-DEF 3 80,469
T ROWE PRICE ASSOCIATESINC COM 741477103 355.40 9,261 SH SH-DEF 3 9,261
TAIWAN SEMICONDUCTOR MFG(ADS) COM 874039100 30,975.40 911,042 SH SH-DEF 3 911,042
TAIWAN SEMICONDUCTOR MFG(ADS) LTD ADPUT 874039100 37.50 75,000 SH PUT SH-DEF 3 75,000
TAIWAN SEMICONDUCTOR MFG(ADS) LTD ADPUT 874039100 0.00 2,500,000 SH PUT SH-DEF 3 2,500,000
TALK.COM INC CLL 874264104 5.90 94,000 SH CLL SH-DEF 3 94,000
TANDY CORP COM 875382103 2,507.70 51,309 SH SH-DEF 3 51,309
TATNEFT SPONS ADR COM 03737P306 105.00 28,000 SH SH-DEF 3 28,000
TC PIPELINES L.P. COM 87233Q108 551.30 26,895 SH SH-DEF 3 26,895
TCA CABLE TV INC. COM 872241104 310.80 5,600 SH SH-DEF 3 5,600
TCA CABLE TV, INC. CLL 872241104 270.00 40,000 SH CLL SH-DEF 3 40,000
TECH DATA CORP COM 878237106 247.60 6,472 SH SH-DEF 3 6,472
TECO ENERGY INC. COM 872375100 257.10 11,300 SH SH-DEF 3 11,300
TEECO PPTYS LP UT PARTNR COM 879002103 254.60 1,018,256 SH SH-DEF 3 1,018,256
TEKTRONIX INC. COM 879131100 267.30 8,856 SH SH-DEF 3 8,856
TEL-SAVE HOLDINGS INC SUB NT CNV 879176AD7 332.80 500,000 SH SH-DEF 3 500,000
TELE DANMARK A/S ADS COM 879242105 695.30 27,000 SH SH-DEF 3 27,000
TELE DE MEXICO (ADR NOM) COM 879403400 652.20 163,058 SH SH-DEF 3 163,058
TELEBANC FINL CORP CLL 87925R109 1,933.80 170,000 SH CLL SH-DEF 3 170,000
TELEBANC FINL CORP CLL 87925R109 2,200.00 160,000 SH CLL SH-DEF 3 160,000
TELECOM ARGENTINA STET-FRANCE COM 879273209 724.90 27,100 SH SH-DEF 3 27,100
TELECOM ARGENTINA STET-FRANCE TEL PUT 879273209 151.90 30,000 SH PUT SH-DEF 3 30,000
TELECOM ARGENTINA STET-FRANCE TEC SAPUT 879273209 209.40 50,000 SH PUT SH-DEF 3 50,000
TELECOM ARGENTINA STET-FRANCE TEC SACLL 879273209 53.10 50,000 SH CLL SH-DEF 3 50,000
TELECOM ARGENTINA STET-FRANCE TEC SACLL 879273209 61.90 30,000 SH CLL SH-DEF 3 30,000
TELECOMUNICACOES BRASILEIRAS COM 879287100 380.50 6,087,244 SH SH-DEF 3 6,087,244
TELECOMUNICACOES BRASILEIRAS COM 879287308 10,584.00 117,600 SH SH-DEF 3 117,600
TELECOMUNICACOES BRASILEIRAS SA ADRPUT 879287308 25.00 40,000 SH PUT SH-DEF 3 40,000
TELECOMUNICACOES BRASILEIRAS SA ADRPUT 879287308 625.00 50,000 SH PUT SH-DEF 3 50,000
TELECOMUNICACOES BRASILEIRAS SA ADRCLL 879287308 743.80 50,000 SH CLL SH-DEF 3 50,000
TELEFONICA DEL PERU (ADR) COM 879384105 10,540.60 696,900 SH SH-DEF 3 696,900
TELEFONICA DEL PERU (ADR)REPSTG BSHSPUT 879384105 21.90 50,000 SH PUT SH-DEF 3 50,000
TELEFONICA DEL PERU (ADR)REPSTG BSHSPUT 879384105 106.90 47,500 SH PUT SH-DEF 3 47,500
TELEFONICA DEL PERU (ADR)REPSTG BSHSCLL 879384105 21.30 20,000 SH CLL SH-DEF 3 20,000
TELEFONICA DEL PERU (ADR)REPSTG BSHSCLL 879384105 121.70 47,500 SH CLL SH-DEF 3 47,500
TELEFONICA OF ARGENTINA S.A. COM 879378206 2,441.00 77,800 SH SH-DEF 3 77,800
TELEFONICA OF ARGENTINA S.A. SP ADR PUT 879378206 203.80 81,500 SH PUT SH-DEF 3 81,500
TELEFONICA S.A. ADR COM 879382208 2,280.40 15,500 SH SH-DEF 3 15,500
TELEFONOS DE MEXICO SA COM 879403780 11,338.00 140,300 SH SH-DEF 3 140,300
TELEFONOS DE MEXICO SA SPONS ADR PUT 879403780 115.00 80,000 SH PUT SH-DEF 3 80,000
TELEFONOS DE MEXICO SA SPONS ADR PUT 879403780 400.00 25,000 SH PUT SH-DEF 3 25,000
TELEFONOS DE MEXICO SA SPONS ADR CLL 879403780 396.90 25,000 SH CLL SH-DEF 3 25,000
TELEFONOS DE MEXICO SA SPONS ADR PUT 879403780 218.80 100,000 SH PUT SH-DEF 3 100,000
TELEPHONE & DATA SYS INC COM 879433100 234.00 3,200 SH SH-DEF 3 3,200
TELLABS INC. COM 879664100 8,844.70 130,912 SH SH-DEF 3 130,912
TEMPLE INLAND INC COM 879868107 1,003.60 14,624 SH SH-DEF 3 14,624
TENET HEALTHCARE CORP COM 88033G100 1,371.20 73,870 SH SH-DEF 3 73,870
TENNECO INC (NEW) COM 88037E101 1,365.40 57,189 SH SH-DEF 3 57,189
TERADYNE INC COM 880770102 1,191.10 16,600 SH SH-DEF 3 16,600
TESORO PETROLEUM CO CLL 881609101 128.10 50,000 SH CLL SH-DEF 3 50,000
TESORO PETROLEUM CORP (PIES) CNV 881609408 2,781.50 175,900 SH SH-DEF 3 175,900
TEVA PHARMACEUTICAL IND LTD COM 881624209 324.70 6,627 SH SH-DEF 3 6,627
TEXACO INC COM 881694103 13,808.30 221,376 SH SH-DEF 3 221,376
TEXAS INSTRUMENTS INC. COM 882508104 17,110.40 118,822 SH SH-DEF 3 118,822
TEXAS INSTRUMENTS INC. CLL 882508104 2,231.30 70,000 SH CLL SH-DEF 3 70,000
TEXAS UTILITIES CO COM 882848104 2,916.10 70,374 SH SH-DEF 3 70,374
TEXTRON INC.DEL. COM 883203101 3,693.10 44,867 SH SH-DEF 3 44,867
THE SEAGRAM COMPANY LTD. ACES CNV 811850205 66,868.40 1,335,685 SH SH-DEF 3 1,335,685
THE SOUTHERN CO. COM 842587107 4,531.20 170,989 SH SH-DEF 3 170,989
THERMO ELECTRON CORP. COM 883556102 63,983.20 3,189,196 SH SH-DEF 3 3,189,196
THERMO INSTRUMENT SYSTEM 144A CNV 883559AC0 540.90 609,000 SH SH-DEF 3 609,000
THESTREET.COM INC. COM 88368Q103 810.00 22,500 SH SH-DEF 3 22,500
THOMAS & BETTS CO. COM 884315102 572.60 12,118 SH SH-DEF 3 12,118
TIDEWATER INC COM 886423102 2,514.00 82,426 SH SH-DEF 3 82,426
TIME WARNER INC. COM 887315109 20,987.90 288,990 SH SH-DEF 3 288,990
TIME WARNER INC. CLL 887315109 566.40 98,500 SH CLL SH-DEF 3 98,500
TIMES MIRROR CO CL-A (NEW) COM 887364107 1,010.80 17,060 SH SH-DEF 3 17,060
TIMKEN CO COM 887389104 327.80 16,808 SH SH-DEF 3 16,808
TJX COMPANIES INC (NEW) COM 872540109 2,295.20 68,900 SH SH-DEF 3 68,900
TNP ENTERPRISES INC+A1171 COM 872594106 1,457.30 40,200 SH SH-DEF 3 40,200
TOFRUZEN INC COM 888900107 0.00 25,000 SH SH-DEF 3 25,000
TORCHMARK CORP COM 891027104 1,015.20 29,749 SH SH-DEF 3 29,749
TORONTO DOMINION BANK CLL 891160509 1.10 17,500 SH CLL SH-DEF 3 17,500
TORONTO DOMINION BANK PUT 891160509 251.60 17,500 SH PUT SH-DEF 3 17,500
TORONTO DOMINION BANK CLL 891160509 28.40 35,000 SH CLL SH-DEF 3 35,000
TOSCO CORP (NEW) COM 891490302 329.40 12,700 SH SH-DEF 3 12,700
TOTAL FINA SA SPONS ADR COM 89151E109 1,024.60 15,900 SH SH-DEF 3 15,900
TOTAL RENAL CARE HOLDINGS INC CLL 89151A107 71.90 50,000 SH CLL SH-DEF 3 50,000
TOTAL RENAL CARE HOLDINGS INC CLL 89151A107 109.40 50,000 SH CLL SH-DEF 3 50,000
TOYS R US INC. (HOLDING CO) COM 892335100 1,444.80 69,839 SH SH-DEF 3 69,839
TRANSAMERICA CORP COM 893485102 2,455.60 32,741 SH SH-DEF 3 32,741
TRANSOCEAN OFFSHORE INC COM G90076103 2,323.80 88,526 SH SH-DEF 3 88,526
TRANSPORTACION MARITIMA COM 893868307 148.80 34,000 SH SH-DEF 3 34,000
TRANZ RAIL HOLDINGS LIMITED COM 894116102 156.70 29,500 SH SH-DEF 3 29,500
TRIBUNE CO NEW COM 896047107 2,535.70 29,104 SH SH-DEF 3 29,104
TRICON GLOBAL RESTAURANTS COM 895953107 1,997.20 36,899 SH SH-DEF 3 36,899
TRIZEC HAHN CORP COM 896938107 462.50 22,700 SH SH-DEF 3 22,700
TRW INC. COM 872649108 1,530.10 27,884 SH SH-DEF 3 27,884
TSL HOLDINGS COM 872918107 0.00 25,073 SH SH-DEF 3 25,073
TUPPERWARE CORP COM 899896104 251.40 9,858 SH SH-DEF 3 9,858
TYCO INTERNATIONAL LTD (NEW) CLL 902124106 58.60 25,000 SH CLL SH-DEF 3 25,000
TYCO INTERNATIONAL LTD (NEW) COM 902124106 22,920.40 241,904 SH SH-DEF 3 241,904
TYCO INTERNATIONAL LTD (NEW) CLL 902124106 137.50 25,000 SH CLL SH-DEF 3 25,000
TYCO INTERNATIONAL LTD (NEW) CLL 902124106 750.00 50,000 SH CLL SH-DEF 3 50,000
TYCO INTERNATIONAL LTD (NEW) CLL 902124106 977.60 49,500 SH CLL SH-DEF 3 49,500
TYSON FOODS INC CL-A COM 902494103 310.50 13,800 SH SH-DEF 3 13,800
U S OFFICE PRODUCTS COMPANY COM 912325305 1,120.30 208,420 SH SH-DEF 3 208,420
U S OFFICE PRODUCTS SUB NT CV CNV 912325AA5 1,818.80 2,589,000 SH SH-DEF 3 2,589,000
U S WEST INC (NEW) COM 91273H101 7,812.90 132,985 SH SH-DEF 3 132,985
U S WEST INC (NEW) CLL 91273H101 75.00 10,000 SH CLL SH-DEF 3 10,000
U S WEST INC (NEW) CLL 91273H101 51.50 103,000 SH CLL SH-DEF 3 103,000
U.S. BANCORP (NEW) COM 902973106 4,776.00 143,101 SH SH-DEF 3 143,101
UAL CORP (NEW)+A1 COM 902549500 394.20 6,100 SH SH-DEF 3 6,100
UNIBANCO UNIAO DE BANCOS COM 90458E107 721.90 30,000 SH SH-DEF 3 30,000
UNICOM CORP COM 904911104 2,080.70 53,957 SH SH-DEF 3 53,957
UNILEVER N.V. NY SHS (NEW) COM 904784709 10,612.20 152,146 SH SH-DEF 3 152,146
UNILEVER PLC (NEW) COM 904767704 513.20 13,776 SH SH-DEF 3 13,776
UNION CARBIDE CORP(HLDG CO ) COM 905581104 1,251.50 25,671 SH SH-DEF 3 25,671
UNION PACIFIC CORP. COM 907818108 3,426.00 58,753 SH SH-DEF 3 58,753
UNION PACIFIC RESOURCES GROUP COM 907834105 3,872.00 237,365 SH SH-DEF 3 237,365
UNION PLANTERS CORP COM 908068109 655.10 14,660 SH SH-DEF 3 14,660
UNIPHASE CORP CLL 909149106 709.40 25,000 SH CLL SH-DEF 3 25,000
UNISYS CORP CV PF SER-A $3.75 PFD 909214207 52,788.60 816,050 SH SH-DEF 3 816,050
UNISYS CORP COM 909214108 2,289.90 58,810 SH SH-DEF 3 58,810
UNITED HEALTHCARE CORP COM 910581107 2,825.40 45,116 SH SH-DEF 3 45,116
UNITED INTL HLDGS INC CL A CLL 910734102 200.00 25,000 SH CLL SH-DEF 3 25,000
UNITED INTL HLDGS INC CL A CLL 910734102 278.10 25,000 SH CLL SH-DEF 3 25,000
UNITED RENTALS INC COM 911363109 489.70 16,600 SH SH-DEF 3 16,600
UNITED TECHNOLOGIES CORP COM 913017109 9,355.00 129,930 SH SH-DEF 3 129,930
UNIVISION COMMUNICATIONS INC. COM 914906102 370.50 5,700 SH SH-DEF 3 5,700
UNOCAL CORP COM 915289102 10,225.40 258,054 SH SH-DEF 3 258,054
UNUM CORP COM 903192102 1,309.00 23,908 SH SH-DEF 3 23,908
US AIRWAYS GROUP INC COM 911905107 1,033.60 23,726 SH SH-DEF 3 23,726
USG CORP (NEW) COM 903293405 593.60 10,600 SH SH-DEF 3 10,600
USG CORP (NEW) PUT 903293405 41.30 10,000 SH PUT SH-DEF 3 10,000
USINAS SIDERURGICAS DE MINAS COM 917302101 132.70 39,200 SH SH-DEF 3 39,200
UST INC COM 902911106 1,665.20 56,810 SH SH-DEF 3 56,810
USX-MARATHON GROUP COM 902905827 2,324.70 71,391 SH SH-DEF 3 71,391
USX-U S STEEL GROUP COM 90337T101 638.90 23,664 SH SH-DEF 3 23,664
VARCO INTL CO COM 922126107 968.00 89,526 SH SH-DEF 3 89,526
VENTAS INC COM 92276F100 1,685.10 313,500 SH SH-DEF 3 313,500
VERIO INC CLL 923433106 1,106.30 75,000 SH CLL SH-DEF 3 75,000
VERITAS SOFTWARE CO COM 923436109 522.20 5,500 SH SH-DEF 3 5,500
VF CORP COM 918204108 1,424.30 33,316 SH SH-DEF 3 33,316
VIACOM INC CL-B COMMON COM 925524308 7,403.40 168,259 SH SH-DEF 3 168,259
VIANT CORP COM 92553N107 231.70 6,619 SH SH-DEF 3 6,619
VIDESH SANCHAR GDR 144A COM 92659G105 1,286.30 122,042 SH SH-DEF 3 122,042
VISX INC. COM 92844S105 316.80 4,000 SH SH-DEF 3 4,000
VITESSE SEMICONDUCTOR CORP COM 928497106 330.40 4,900 SH SH-DEF 3 4,900
VITRO S.A. ADS COM 928502301 102.50 20,000 SH SH-DEF 3 20,000
VLSI TECHNOLOGY SUB NTS CONV CNV 918270AB5 352.20 350,000 SH SH-DEF 3 350,000
VODAFONE AIRTOUCH PLC SPON COM 92857T107 2,984.60 15,150 SH SH-DEF 3 15,150
VORNADO REALTY TRUST COM 929042109 427.30 12,100 SH SH-DEF 3 12,100
VORNADO REALTY TRUST SHS OF BENEF CLL 929042109 43.10 230,000 SH CLL SH-DEF 3 230,000
VULCAN MATERIALS CO COM 929160109 342.60 7,100 SH SH-DEF 3 7,100
W.R. GRACE & CO (NEW) COM 38388F108 300.40 15,809 SH SH-DEF 3 15,809
WACHOVIA CORP NEW COM 929771103 4,314.30 50,423 SH SH-DEF 3 50,423
WACHOVIA CORP NEW PUT 929771103 30.20 23,000 SH PUT SH-DEF 3 23,000
WAL MART STORES INC COM 931142103 66,325.30 1,374,618 SH SH-DEF 3 1,374,618
WALGREEN CO COM 931422109 6,824.40 232,320 SH SH-DEF 3 232,320
WALGREEN CO CLL 931422109 645.00 120,000 SH CLL SH-DEF 3 120,000
WARNER CHILCOTT LABS SPON ADR COM 934435207 1,625.00 200,000 SH SH-DEF 3 200,000
WARNER LAMBERT CO PUT 934488107 16.90 30,000 SH PUT SH-DEF 3 30,000
WARNER LAMBERT CO COM 934488107 13,534.50 195,798 SH SH-DEF 3 195,798
WARNER LAMBERT CO CLL 934488107 252.40 87,800 SH CLL SH-DEF 3 87,800
WASHINGTON MUTUAL INC COM 939322103 5,195.70 146,100 SH SH-DEF 3 146,100
WASHINGTON POST CO CL B COM 939640108 322.70 600 SH SH-DEF 3 600
WASTE MANAGEMENT INC COM 94106L109 7,659.80 142,507 SH SH-DEF 3 142,507
WASTE MANAGEMENT INC CLL 94106L109 51.60 50,000 SH CLL SH-DEF 3 50,000
WASTE MANAGEMENT INC CLL 94106L109 998.40 112,500 SH CLL SH-DEF 3 112,500
WASTE MANAGEMENT INC SUB NT CNV 94106LAA7 2,238.20 1,711,000 SH SH-DEF 3 1,711,000
WATERPOINT SYSTEMS INC COM 940910102 30.60 325,900 SH SH-DEF 3 325,900
WATSON PHARMACEUTICALS INC COM 942683103 1,053.30 30,041 SH SH-DEF 3 30,041
WATSON PHARMACEUTICALS INC PUT 942683103 113.80 20,000 SH PUT SH-DEF 3 20,000
WEATHERFORD INTERNATIONAL INC COM 947074100 3,205.10 87,511 SH SH-DEF 3 87,511
WELLPOINT HEALTH NETWORKS INC COM 94973H108 1,031.10 12,149 SH SH-DEF 3 12,149
WELLS FARGO & CO (NEW) COM 949746101 59,812.60 1,399,124 SH SH-DEF 3 1,399,124
WENDYS INTL INC COM 950590109 1,064.80 37,361 SH SH-DEF 3 37,361
WESTERN DIGITAL 144A CNV 958102AF2 2,900.70 17,000,000 SH SH-DEF 3 17,000,000
WESTPOINT STEVENS INC. COM 961238102 255.90 8,582 SH SH-DEF 3 8,582
WESTVACO COM 961548104 697.70 24,059 SH SH-DEF 3 24,059
WEYERHAEUSER CO COM 962166104 3,714.40 54,027 SH SH-DEF 3 54,027
WHIRLPOOL CORP. COM 963320106 1,344.10 18,163 SH SH-DEF 3 18,163
WILLAMETTE INDUSTRIES COM 969133107 1,168.90 25,377 SH SH-DEF 3 25,377
WILLIAMS COMPANIES COM 969457100 4,314.00 101,356 SH SH-DEF 3 101,356
WINBOND ELECTRS CORP 144A COM 972657100 2,119.90 187,070 SH SH-DEF 3 187,070
WINN-DIXIE STORES INC. COM 974280109 1,318.20 35,688 SH SH-DEF 3 35,688
WISCONSIN ENERGY CORP(HLDG CO) COM 976657106 208.00 8,300 SH SH-DEF 3 8,300
WM WRIGLEY JR CO DEL COM 982526105 2,592.10 29,064 SH SH-DEF 3 29,064
WMS INDS INC CLL 929297109 109.40 50,000 SH CLL SH-DEF 3 50,000
WMX TECHNOLOGIES SUB NT CONV CNV 92929QAF4 4,312.80 3,998,000 SH SH-DEF 3 3,998,000
WORLD COLOR PRESS INC SR SUB CNV 981443AA2 285.20 303,000 SH SH-DEF 3 303,000
WORTHINGTON INDUSTRIES COM 981811102 310.50 18,889 SH SH-DEF 3 18,889
WTS/ALZA CORP WTS 022615157 31.80 254,289 SH SH-DEF 3 254,289
WTS/FEDERATED DEPT STORES CL C WTS 31410H119 1,064.90 37,447 SH SH-DEF 3 37,447
WTS/FEDERATED DEPT STORES CL D WTS 31410H127 1,001.70 37,447 SH SH-DEF 3 37,447
WTS/FLEET FINANCIAL GROUP WTS 338915119 1,564.90 34,776 SH SH-DEF 3 34,776
WTS/OLICOM A/S WTS K7514Y123 19.70 63,000 SH SH-DEF 3 63,000
WTS/TRANS WORLD AIRLINES INC WTS 893349134 167.20 78,700 SH SH-DEF 3 78,700
XEROX CORP PUT 984121103 240.60 70,000 SH PUT SH-DEF 3 70,000
XEROX CORP COM 984121103 15,303.80 259,112 SH SH-DEF 3 259,112
XEROX CORP CLL 984121103 420.00 20,000 SH CLL SH-DEF 3 20,000
XEROX CORP CLL 984121103 670.00 40,000 SH CLL SH-DEF 3 40,000
XEROX CORP PUT 984121103 205.40 106,000 SH PUT SH-DEF 3 106,000
XEROX CORP CLL 984121103 2,325.00 200,000 SH CLL SH-DEF 3 200,000
XILINX INCORPORATED COM 983919101 4,540.00 79,301 SH SH-DEF 3 79,301
XRC CORP COM 983803107 63.40 253,668 SH SH-DEF 3 253,668
YAHOO! INC. COM 984332106 3,281.40 19,050 SH SH-DEF 3 19,050
ZETEK INC COM 98950C107 0.30 10,000 SH SH-DEF 3 10,000
ZIONS BANCORP COM 989701107 438.20 6,900 SH SH-DEF 3 6,900
</TABLE>
