UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Quarter Ended: June 30,1999
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: Ark Asset Management Co. Inc.
Adress: 125 Broad Street
New York, N.Y. 10004
13F File Number:
The institutional invesment 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: Lauri London
Title: General Counsel
Phone: 212-487-5010
Signature, Place, and Date of Signing:
Lauri London New York, N.Y. July 22,1999
Report Type (Check only one.):
[ ] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[X] 13F COMBINATION REPORT
List of other Managers Reporting for this Manager: NOT APPLICABLE
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Mangers: 3
Form 13F Information Table Entry Total: 499
Form 13F Information Table Value Total: $20,763,681,000
List of Other Included Mangers:
NO. 13F FILE NUMBER NAME
01 AMWAY MUTUAL FUND INC
02 DIVERSIFIED INVESTMENT ADVISORS
03 INTRUST FUNDS TRUST STOCK FUND
<PAGE>
<TABLE> <C> <C>
ARK ASSET MANAGEMENT CO., INC. PAGE 1
FORM 13F INFORMATION TABLE
AS OF DATE: 06/30/99
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------
ABBOTT LABORATORIES COM 002824100 63364 1396450 SH SOLE 1137050 0 25940
ADTRAN, INC. COM 00738A106 5551 152600 SH SOLE 143300 0 930
AETNA INC. COM 008117103 322610 3607100 SH SOLE 2937900 0 66920
AETNA INC. COM 008117103 5375 60100 SH DEFINED 01 60100 0
AETNA INC. COM 008117103 10500 117400 SH DEFINED 02 117400 0
AETNA INC. COM 008117103 2934 32800 SH DEFINED 03 32800 0
AIR PRODUCTS & CHEMICALS INC. COM 009158106 208048 5168900 SH SOLE 4202800 0 96610
AIR PRODUCTS & CHEMICALS INC. COM 009158106 3490 86700 SH DEFINED 01 86700 0
AIR PRODUCTS & CHEMICALS INC. COM 009158106 6545 162600 SH DEFINED 02 162600 0 0
AIR PRODUCTS & CHEMICALS INC. COM 009158106 1896 47100 SH DEFINED 03 47100 0 0
ALBEMARLE CORP. COM 012653101 1529 66100 SH SOLE 62000 0 4100
ALLIEDSIGNAL INC. COM 019512102 190160 3018416 SH SOLE 2468616 0 549800
ALLIEDSIGNAL INC. COM 019512102 1953 31000 SH DEFINED 01 31000 0 0
ALLIEDSIGNAL INC. COM 019512102 3812 60500 SH DEFINED 02 60500 0 0
ALLIEDSIGNAL INC. COM 019512102 1008 16000 SH DEFINED 03 16000 0 0
ALLSTATE CORP. COM 020002101 341038 9506294 SH SOLE 7735794 0 1770500
ALLSTATE CORP. COM 020002101 4266 118900 SH DEFINED 01 118900 0 0
ALLSTATE CORP. COM 020002101 8352 232800 SH DEFINED 02 232800 0 0
ALLSTATE CORP. COM 020002101 2314 64500 SH DEFINED 03 64500 0 0
AMERADA HESS CORP. COM 023551104 140004 2353000 SH SOLE 1911700 0 441300
AMERADA HESS CORP. COM 023551104 2368 39800 SH DEFINED 01 39800 0 0
AMERADA HESS CORP. COM 023551104 4671 78500 SH DEFINED 02 78500 0 0
AMERADA HESS CORP. COM 023551104 1291 21700 SH DEFINED 03 21700 0 0
AMERICA ONLINE, INC. COM 02364J104 528 4800 SH DEFINED 02 4800 0 0
AMERICA WEST HOLDINGS CORP. COM 023657208 3896 206400 SH SOLE 193600 0 12800
AMERICAN ELECTRIC POWER CO. COM 025537101 102692 2733900 SH SOLE 2222000 0 511900
AMERICAN ELECTRIC POWER CO. COM 025537101 1713 45600 SH DEFINED 01 45600 0 0
AMERICAN ELECTRIC POWER CO. COM 025537101 3362 89500 SH DEFINED 02 89500 0 0
AMERICAN ELECTRIC POWER CO. COM 025537101 932 24800 SH DEFINED 03 24800 0 0
AMERICAN HOME PRODUCTS CORP. COM 026609107 66426 1157750 SH SOLE 946350 0 211400
AMERICAN HOME PRODUCTS CORP. COM 026609107 327 5700 SH DEFINED 02 5700 0 0
AMERICAN INTERNATIONAL GROUP COM 026874107 36189 308650 SH SOLE 260750 0 47900
AMERICAN POWER CONVERSION CORP COM 029066107 1872 93000 SH SOLE 87200 0 5800
ANADARKO PETROLEUM CORP. COM 032511107 30654 832700 SH SOLE 774400 0 58300
ANADARKO PETROLEUM CORP. COM 032511107 283 7700 SH DEFINED 02 7700 0 0
ANIXTER INTERNATIONAL INC. COM 035290105 3469 190100 SH SOLE 177700 0 12400
APACHE CORP. COM 037411105 29250 750000 SH SOLE 697000 0 53000
APACHE CORP. COM 037411105 304 7800 SH DEFINED 02 7800 0 0
ARCHER-DANIELS-MIDLAND CO. COM 039483102 304116 19699835 SH SOLE 16019049 0 3680786
ARCHER-DANIELS-MIDLAND CO. COM 039483102 4221 273410 SH DEFINED 01 273410 0 0
ARCHER-DANIELS-MIDLAND CO. COM 039483102 8247 534197 SH DEFINED 02 534197 0 0
ARCHER-DANIELS-MIDLAND CO. COM 039483102 2343 151744 SH DEFINED 03 151744 0 0
ARVIN INDUSTRIES INC. COM 043339100 3992 105400 SH SOLE 98900 0 6500
ATLANTIC RICHFIELD CO. COM 048825103 112442 1345600 SH SOLE 1095600 0 250000
ATLANTIC RICHFIELD CO. COM 048825103 1304 15600 SH DEFINED 01 15600 0
ATLANTIC RICHFIELD CO. COM 048825103 2557 30600 SH DEFINED 02 30600 0
ATLANTIC RICHFIELD CO. COM 048825103 710 8500 SH DEFINED 03 8500 0
AT&T CORP LIBERTY MEDIA CL A COM 001957208 56044 1525000 SH SOLE 1417100 0 10790
AT&T CORP LIBERTY MEDIA CL A COM 001957208 353 9600 SH DEFINED 02 9600 0
AT&T CORP. COM 001957109 251762 4510850 SH SOLE 3686250 0 82460
AT&T CORP. COM 001957109 3192 57200 SH DEFINED 01 57200 0
AT&T CORP. COM 001957109 6251 112000 SH DEFINED 02 112000 0
AT&T CORP. COM 001957109 1741 31200 SH DEFINED 03 31200 0
AVID TECHNOLOGY INC. COM 05367P100 1729 107200 SH SOLE 100500 0 670
BAKER-HUGHES INC. COM 057224107 201 6000 SH SOLE 6000 0
BANCTEC INC. COM 059784108 4404 245500 SH SOLE 230300 0 1520
BANK OF AMERICA CORP. COM 060505104 424454 5789650 SH SOLE 4698150 0 109150
BANK OF AMERICA CORP. COM 060505104 5396 73600 SH DEFINED 01 73600 0
BANK OF AMERICA CORP. COM 060505104 10550 143900 SH DEFINED 02 143900 0
BANK OF AMERICA CORP. COM 060505104 2940 40100 SH DEFINED 03 40100 0
BANK OF NEW YORK CO., INC. COM 064057102 4938 134600 SH SOLE 134600 0 0
BANK ONE CORP. COM 06423A103 143562 2410281 SH SOLE 1965381 0 444900
BANK ONE CORP. COM 06423A103 2347 39400 SH DEFINED 01 39400 0 0
BANK ONE CORP. COM 06423A103 4634 77800 SH DEFINED 02 77800 0 0
BANK ONE CORP. COM 06423A103 1304 21900 SH DEFINED 03 21900 0 0
BANKBOSTON CORP. COM 06605R106 308851 6041100 SH SOLE 4871400 0 1169700
BANKBOSTON CORP. COM 06605R106 4116 80500 SH DEFINED 01 80500 0 0
BANKBOSTON CORP. COM 06605R106 8042 157300 SH DEFINED 02 157300 0 0
BANKBOSTON CORP. COM 06605R106 2244 43900 SH DEFINED 03 43900 0 0
BAXTER INTERNATIONAL INC. COM 071813109 337918 5573900 SH SOLE 4552500 0 1021400
BAXTER INTERNATIONAL INC. COM 071813109 4359 71900 SH DEFINED 01 71900 0 0
BAXTER INTERNATIONAL INC. COM 071813109 8542 140900 SH DEFINED 02 140900 0 0
BAXTER INTERNATIONAL INC. COM 071813109 2377 39200 SH DEFINED 03 39200 0 0
BELL ATLANTIC CORP. COM 077853109 305063 4666348 SH SOLE 3808992 0 857356
BELL ATLANTIC CORP. COM 077853109 3992 61064 SH DEFINED 01 61064 0 0
BELL ATLANTIC CORP. COM 077853109 7839 119902 SH DEFINED 02 119902 0 0
BELL ATLANTIC CORP. COM 077853109 2169 33182 SH DEFINED 03 33182 0 0
BESTFOODS COM 08658U101 97446 1968600 SH SOLE 1601900 0 366700
BESTFOODS COM 08658U101 1629 32900 SH DEFINED 01 32900 0 0
BESTFOODS COM 08658U101 3257 65800 SH DEFINED 02 65800 0 0
BESTFOODS COM 08658U101 787 15900 SH DEFINED 03 15900 0 0
BEVERLY ENTERPRISES INC. COM 087851309 2557 317200 SH SOLE 297600 0 19600
BIOGEN N V COM 090597105 296 4600 SH DEFINED 02 4600 0 0
BMC SOFTWARE, INC. COM 055921100 94500 1750000 SH SOLE 1626200 0 123800
BMC SOFTWARE, INC. COM 055921100 270 5000 SH DEFINED 02 5000 0 0
BRISTOL-MYERS SQUIBB CO. COM 110122108 59016 837850 SH SOLE 682250 0 155600
BURLINGTON NORTHERN SANTA FE COM 12189T104 336138 10843150 SH SOLE 8832650 0 2010500
BURLINGTON NORTHERN SANTA FE COM 12189T104 4445 143400 SH DEFINED 01 143400 0 0
BURLINGTON NORTHERN SANTA FE COM 12189T104 8696 280500 SH DEFINED 02 280500 0 0
BURLINGTON NORTHERN SANTA FE COM 12189T104 2409 77700 SH DEFINED 03 77700 0 0
BURLINGTON RESOURCES INC. COM 122014103 264956 6126150 SH SOLE 4977150 0 1149000
BURLINGTON RESOURCES INC. COM 122014103 3590 83000 SH DEFINED 01 83000 0 0
BURLINGTON RESOURCES INC. COM 122014103 7015 162200 SH DEFINED 02 162200 0
BURLINGTON RESOURCES INC. COM 122014103 1955 45200 SH DEFINED 03 45200 0
CABLE DESIGN TECHNOLOGIES CORP COM 126924109 2904 188100 SH SOLE 176400 0 1170
CABLEVISION SYSTEMS CORP. COM 12686C109 110334 1576200 SH SOLE 1426200 0 15000
CABLEVISION SYSTEMS CORP. COM 12686C109 210 3000 SH DEFINED 02 3000 0
CALLAWAY GOLF CO. COM 131193104 3870 264600 SH SOLE 248100 0 1650
CAPITAL ONE FINANCIAL CORP. COM 14040H105 635 11400 SH DEFINED 02 11400 0
CBS CORPORATION COM 12490K107 56631 1300000 SH SOLE 1208000 0 9200
CBS CORPORATION COM 12490K107 261 6000 SH DEFINED 02 6000 0
CEC ENTERTAINMENT INC. COM 125137109 3857 91300 SH SOLE 85600 0 570
CENTEX CORP. COM 152312104 4233 112700 SH SOLE 105700 0 700
CHAMPION INTERNATIONAL CORP. COM 158525105 179976 3759300 SH SOLE 3056700 0 70260
CHAMPION INTERNATIONAL CORP. COM 158525105 3026 63200 SH DEFINED 01 63200 0
CHAMPION INTERNATIONAL CORP. COM 158525105 5937 124000 SH DEFINED 02 124000 0
CHAMPION INTERNATIONAL CORP. COM 158525105 1556 32500 SH DEFINED 03 32500 0
CHANCELLOR MEDIA CORP. COM 158915108 270 4900 SH DEFINED 02 4900 0
CHASE MANHATTAN CORP. COM 16161A108 1590 18380 SH SOLE 18380 0 0
CHEVRON CORP. COM 166751107 1065 11200 SH SOLE 11200 0 0
CHUBB CORP. COM 171232101 384464 5531858 SH SOLE 4492458 0 1039400
CHUBB CORP. COM 171232101 4941 71100 SH DEFINED 01 71100 0 0
CHUBB CORP. COM 171232101 9661 139000 SH DEFINED 02 139000 0 0
CHUBB CORP. COM 171232101 2697 38800 SH DEFINED 03 38800 0 0
CIGNA CORP. COM 125509109 232023 2607000 SH SOLE 2118800 0 488200
CIGNA CORP. COM 125509109 3151 35400 SH DEFINED 01 35400 0 0
CIGNA CORP. COM 125509109 6168 69300 SH DEFINED 02 69300 0 0
CIGNA CORP. COM 125509109 1718 19300 SH DEFINED 03 19300 0 0
CISCO SYSTEMS INC. COM 17275R102 516 8000 SH DEFINED 02 8000 0 0
CITIGROUP INC. COM 172967101 3313 69750 SH SOLE 69750 0 0
CITIGROUP INC. COM 172967101 342 7200 SH DEFINED 02 7200 0 0
CLEAR CHANNEL COMMUNICATIONS COM 184502102 132705 1925000 SH SOLE 1788700 0 136300
CLEAR CHANNEL COMMUNICATIONS COM 184502102 331 4800 SH DEFINED 02 4800 0 0
COMPAQ COMPUTER CORP. COM 204493100 283329 11961100 SH SOLE 9733300 0 2227800
COMPAQ COMPUTER CORP. COM 204493100 4287 181000 SH DEFINED 01 181000 0 0
COMPAQ COMPUTER CORP. COM 204493100 8400 354600 SH DEFINED 02 354600 0 0
COMPAQ COMPUTER CORP. COM 204493100 2336 98600 SH DEFINED 03 98600 0 0
CONAGRA INC. COM 205887102 255840 9609000 SH SOLE 7821200 0 1787800
CONAGRA INC. COM 205887102 3243 121800 SH DEFINED 01 121800 0 0
CONAGRA INC. COM 205887102 6355 238700 SH DEFINED 02 238700 0 0
CONAGRA INC. COM 205887102 1768 66400 SH DEFINED 03 66400 0 0
CONOCO INC. COM 208251306 351590 12613100 SH SOLE 10257800 0 2355300
CONOCO INC. COM 208251306 4739 170000 SH DEFINED 01 170000 0 0
CONOCO INC. COM 208251306 9466 339600 SH DEFINED 02 339600 0 0
CONOCO INC. COM 208251306 2528 90700 SH DEFINED 03 90700 0 0
COUNTRYWIDE CREDIT INDUSTRIES COM 222372104 299 7000 SH DEFINED 02 7000 0 0
CROWN CORK & SEAL COMPANY INC. COM 228255105 151107 5302000 SH SOLE 4305700 0 996300
CROWN CORK & SEAL COMPANY INC. COM 228255105 2551 89500 SH DEFINED 01 89500 0 0
CROWN CORK & SEAL COMPANY INC. COM 228255105 4985 174900 SH DEFINED 02 174900 0 0
CROWN CORK & SEAL COMPANY INC. COM 228255105 1428 50100 SH DEFINED 03 50100 0 0
CSX CORP. COM 126408103 224066 4938100 SH SOLE 4004000 0 93410
CSX CORP. COM 126408103 3802 83800 SH DEFINED 01 83800 0
CSX CORP. COM 126408103 7428 163700 SH DEFINED 02 163700 0
CSX CORP. COM 126408103 2074 45700 SH DEFINED 03 45700 0
C-CUBE MICROSYSTEMS INC. COM 125015107 6074 191700 SH SOLE 179800 0 1190
DANA CORP. COM 235811106 337624 7329700 SH SOLE 5959600 0 137010
DANA CORP. COM 235811106 4717 102400 SH DEFINED 01 102400 0
DANA CORP. COM 235811106 9231 200400 SH DEFINED 02 200400 0
DANA CORP. COM 235811106 2575 55900 SH DEFINED 03 55900 0
DEERE & CO. COM 244199105 182818 4665200 SH SOLE 3796900 0 86830
DEERE & CO. COM 244199105 3061 78100 SH DEFINED 01 78100 0
DEERE & CO. COM 244199105 5992 152900 SH DEFINED 02 152900 0
DEERE & CO. COM 244199105 1665 42500 SH DEFINED 03 42500 0
DELPHI AUTOMOTIVE SYSTEMS COM 247126105 94757 5121979 SH SOLE 4160479 0 96150
DELPHI AUTOMOTIVE SYSTEMS COM 247126105 1591 86000 SH DEFINED 01 86000 0
DELPHI AUTOMOTIVE SYSTEMS COM 247126105 3125 168900 SH DEFINED 02 168900 0
DELPHI AUTOMOTIVE SYSTEMS COM 247126105 866 46800 SH DEFINED 03 46800 0 0
DENTSPLY INTERNATIONAL INC. COM 249030107 3124 108200 SH SOLE 101500 0 6700
DISNEY (WALT) CO. COM 254687106 206 6700 SH DEFINED 02 6700 0 0
DOUBLECLICK INC. COM 258609304 202 2200 SH DEFINED 02 2200 0 0
DU PONT (E.I.) DE NEMOURS COM 263534109 269046 3938457 SH SOLE 3212057 0 726400
DU PONT (E.I.) DE NEMOURS COM 263534109 3723 54500 SH DEFINED 01 54500 0 0
DU PONT (E.I.) DE NEMOURS COM 263534109 7316 107100 SH DEFINED 02 107100 0 0
DU PONT (E.I.) DE NEMOURS COM 263534109 2022 29600 SH DEFINED 03 29600 0 0
EASTMAN CHEMICAL CO. COM 277432100 424 8200 SH SOLE 8200 0 0
EASTMAN KODAK CO. COM 277461109 308117 4547850 SH SOLE 3696450 0 851400
EASTMAN KODAK CO. COM 277461109 3916 57800 SH DEFINED 01 57800 0 0
EASTMAN KODAK CO. COM 277461109 7656 113000 SH DEFINED 02 113000 0 0
EASTMAN KODAK CO. COM 277461109 2134 31500 SH DEFINED 03 31500 0 0
EDWARDS (AG) INC. COM 281760108 2832 87800 SH SOLE 82400 0 5400
ELECTRONIC ARTS INC. COM 285512109 269894 4975000 SH SOLE 4622900 0 352100
EMERSON ELECTRIC CO. COM 291011104 252508 4012050 SH SOLE 3258550 0 753500
EMERSON ELECTRIC CO. COM 291011104 2990 47500 SH DEFINED 01 47500 0 0
EMERSON ELECTRIC CO. COM 291011104 5841 92800 SH DEFINED 02 92800 0 0
EMERSON ELECTRIC CO. COM 291011104 1555 24700 SH DEFINED 03 24700 0 0
ENHANCE FINANCIAL SERVICES GRO COM 293310108 3549 179700 SH SOLE 168500 0 11200
ENRON CORP. COM 293561106 368 4500 SH DEFINED 02 4500 0 0
EVEREST REINS HOLDINGS INC. COM 299808105 2568 78700 SH SOLE 73800 0 4900
EXPRESS SCRIPTS INC. COM 302182100 97805 1625000 SH SOLE 1510000 0 115000
EXXON CORP. COM 302290101 6093 79000 SH SOLE 79000 0 0
FEDERAL NATIONAL MORTGAGE ASSN COM 313586109 328 4800 SH DEFINED 02 4800 0 0
FEDERATED DEPARTMENT STORES COM 31410H101 355153 6708910 SH SOLE 5461210 0 1247700
FEDERATED DEPARTMENT STORES COM 31410H101 4166 78700 SH DEFINED 01 78700 0 0
FEDERATED DEPARTMENT STORES COM 31410H101 8549 161500 SH DEFINED 02 161500 0 0
FEDERATED DEPARTMENT STORES COM 31410H101 2266 42800 SH DEFINED 03 42800 0 0
FIRST AMERICAN CORP. COM 318900107 1804 43400 SH SOLE 40500 0 2900
FIRSTENERGY CORP. COM 337932107 205508 6629300 SH SOLE 5394200 0 1235100
FIRSTENERGY CORP. COM 337932107 2421 78100 SH DEFINED 01 78100 0 0
FIRSTENERGY CORP. COM 337932107 4734 152700 SH DEFINED 02 152700 0
FIRSTENERGY CORP. COM 337932107 1321 42600 SH DEFINED 03 42600 0
FLEET FINANCIAL GROUP INC. COM 338915101 315 7096 SH SOLE 7096 0
FLEXTRONICS INTERNATIONAL LTD COM Y2573F102 213675 3850000 SH SOLE 3577500 0 27250
FLEXTRONICS INTERNATIONAL LTD COM Y2573F102 233 4200 SH DEFINED 02 4200 0
FORD MOTOR CO. COM 345370100 141573 2508500 SH SOLE 2021800 0 48670
FORD MOTOR CO. COM 345370100 1958 34700 SH DEFINED 01 34700 0
FORD MOTOR CO. COM 345370100 3911 69300 SH DEFINED 02 69300 0
FORD MOTOR CO. COM 345370100 1202 21300 SH DEFINED 03 21300 0
FORT JAMES CORP. COM 347471104 275452 7272650 SH SOLE 5893850 0 137880
FORT JAMES CORP. COM 347471104 4435 117100 SH DEFINED 01 117100 0
FORT JAMES CORP. COM 347471104 8666 228800 SH DEFINED 02 228800 0
FORT JAMES CORP. COM 347471104 2409 63600 SH DEFINED 03 63600 0
FPL GROUP INC. COM 302571104 126408 2314100 SH SOLE 1875800 0 43830
FPL GROUP INC. COM 302571104 2141 39200 SH DEFINED 01 39200 0
FPL GROUP INC. COM 302571104 4184 76600 SH DEFINED 02 76600 0
FPL GROUP INC. COM 302571104 1169 21400 SH DEFINED 03 21400 0
GANNETT CO. COM 364730101 121916 1708100 SH SOLE 1389300 0 31880
GANNETT CO. COM 364730101 2034 28500 SH DEFINED 01 28500 0 0
GANNETT CO. COM 364730101 3990 55900 SH DEFINED 02 55900 0 0
GANNETT CO. COM 364730101 1078 15100 SH DEFINED 03 15100 0 0
GENERAL DYNAMICS CORP. COM 369550108 59157 858900 SH SOLE 699000 0 159900
GENERAL ELECTRIC CO. COM 369604103 60382 534350 SH SOLE 450650 0 83700
GENERAL ELECTRIC CO. COM 369604103 1028 9100 SH DEFINED 02 9100 0 0
GENERAL MOTORS CORP. COM 370442105 1300 19700 SH SOLE 19700 0 0
GENZYME CORP. COM 372917104 63050 1300000 SH SOLE 1208000 0 92000
GENZYME CORP. COM 372917104 233 4800 SH DEFINED 02 4800 0 0
GLOBAL TELESYSTEMS GROUP INC. COM 37936U104 174150 4300000 SH SOLE 3995600 0 304400
GLOBAL TELESYSTEMS GROUP INC. COM 37936U104 284 7000 SH DEFINED 02 7000 0 0
GOODYEAR TIRE & RUBBER CO. COM 382550101 238379 4053200 SH SOLE 3294400 0 758800
GOODYEAR TIRE & RUBBER CO. COM 382550101 3341 56800 SH DEFINED 01 56800 0 0
GOODYEAR TIRE & RUBBER CO. COM 382550101 6522 110900 SH DEFINED 02 110900 0 0
GOODYEAR TIRE & RUBBER CO. COM 382550101 1823 31000 SH DEFINED 03 31000 0 0
GPU INC. COM 36225X100 44168 1046950 SH SOLE 854550 0 192400
GREENPOINT FINANCIAL CORP. COM 395384100 3373 102800 SH SOLE 96300 0 6500
GTE CORP. COM 362320103 378047 5007250 SH SOLE 4056650 0 950600
GTE CORP. COM 362320103 4960 65700 SH DEFINED 01 65700 0 0
GTE CORP. COM 362320103 9732 128900 SH DEFINED 02 128900 0 0
GTE CORP. COM 362320103 2695 35700 SH DEFINED 03 35700 0 0
GTECH HOLDINGS CORP. COM 400518106 3796 161100 SH SOLE 151000 0 10100
GUIDANT CORP. COM 401698105 291 5700 SH DEFINED 02 5700 0 0
GULFSTREAM AEROSPACE CORP. COM 402734107 21958 325000 SH SOLE 301900 0 23100
HALLIBURTON COMPANY COM 406216101 139022 3072300 SH SOLE 2485300 0 587000
HALLIBURTON COMPANY COM 406216101 2385 52700 SH DEFINED 01 52700 0 0
HALLIBURTON COMPANY COM 406216101 4670 103200 SH DEFINED 02 103200 0 0
HALLIBURTON COMPANY COM 406216101 1253 27700 SH DEFINED 03 27700 0 0
HARRAH'S ENTERTAINMENT, INC. COM 413619107 2989 135500 SH SOLE 127200 0 8300
HARTFORD FINANCIAL SERVICES GR COM 416515104 53604 919250 SH SOLE 724950 0 194300
HCC INSURANCE HOLDINGS INC. COM 404132102 4742 209000 SH SOLE 196100 0 12900
HELMERICH & PAYNE INC. COM 423452101 2464 104300 SH SOLE 97800 0 6500
HOME DEPOT, INC. COM 437076102 367 5700 SH DEFINED 02 5700 0 0
HOME OWNERSHIP FDG CORP PREF. COM 437296205 383 450 SH SOLE 450 0 0
HOUSEHOLD INTERNATIONAL INC. COM 441815107 122436 2584400 SH SOLE 2098000 0 486400
HOUSEHOLD INTERNATIONAL INC. COM 441815107 1810 38200 SH DEFINED 01 38200 0 0
HOUSEHOLD INTERNATIONAL INC. COM 441815107 3539 74700 SH DEFINED 02 74700 0
HOUSEHOLD INTERNATIONAL INC. COM 441815107 962 20300 SH DEFINED 03 20300 0
HUMANA, INC. COM 444859102 885 68400 SH SOLE 68400 0
IMMUNEX CORP. COM 452528102 217 1700 SH DEFINED 02 1700 0
INGERSOLL-RAND COMPANY COM 456866102 31214 483000 SH SOLE 393700 0 8930
INKTOMI CORP. COM 457277101 65750 500000 SH SOLE 464600 0 3540
INKTOMI CORP. COM 457277101 263 2000 SH DEFINED 02 2000 0
INTEL CORP. COM 458140100 357 6000 SH DEFINED 02 6000 0
INTERNATIONAL BUSINESS MACHINE COM 459200101 61704 477400 SH SOLE 388000 0 8940
INTERNATIONAL BUSINESS MACHINE COM 459200101 517 4000 SH DEFINED 02 4000 0
INTERNATIONAL PAPER CO. COM 460146103 312022 6209400 SH SOLE 5052100 0 115730
INTERNATIONAL PAPER CO. COM 460146103 4311 85800 SH DEFINED 01 85800 0
INTERNATIONAL PAPER CO. COM 460146103 8442 168000 SH DEFINED 02 168000 0
INTERNATIONAL PAPER CO. COM 460146103 2317 46100 SH DEFINED 03 46100 0
ISS GROUP INC. COM 450306105 215930 5720000 SH SOLE 5315200 0 40480
JACOBS ENGINEERING GROUP INC. COM 469814107 4887 128600 SH SOLE 120600 0 800
JOHNSON & JOHNSON COM 478160104 34158 348550 SH SOLE 284450 0 64100
JUST FOR FEET INC. COM 48213P106 4064 631300 SH SOLE 592100 0 39200
KERR-MCGEE CORP. COM 492386107 1280 25500 SH SOLE 25500 0 0
KEYCORP COM 493267108 97437 3033050 SH SOLE 2472250 0 560800
KEYCORP COM 493267108 575 17900 SH DEFINED 01 17900 0 0
KEYCORP COM 493267108 1124 35000 SH DEFINED 02 35000 0 0
KEYCORP COM 493267108 315 9800 SH DEFINED 03 9800 0 0
KIMBERLY-CLARK CORP. COM 494368103 231947 4069250 SH SOLE 3312450 0 756800
KIMBERLY-CLARK CORP. COM 494368103 2770 48600 SH DEFINED 01 48600 0 0
KIMBERLY-CLARK CORP. COM 494368103 5603 98300 SH DEFINED 02 98300 0 0
KIMBERLY-CLARK CORP. COM 494368103 1505 26400 SH DEFINED 03 26400 0 0
KNIGHT/TRIMARK GROUP INC. COM 499067106 122000 2000000 SH SOLE 1858400 0 141600
KROGER CO. COM 501044101 85279 3052500 SH SOLE 2483700 0 568800
LENNAR CORP. COM 526057104 2405 100200 SH SOLE 94000 0 6200
LILLY (ELI) & CO. COM 532457108 294 4100 SH DEFINED 02 4100 0 0
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</TABLE>
