FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 1999
Check here if Amendment: [ ] Amendment Number:
This Amendment (Check only one.):
[ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: AAL Capital Management Corporation
Address: 222 West College Avenue
Appleton, WI 541919-0007
Form 13F File Number: 28-3622
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: James H. Abitz
Title: Senior Vice President
Phone: (920) 734-5721
Signature, Place, and Date of Signing:
/s/ James H. Abitz
- -----------------------------------------------------
Signature
Appleton, Wisconsin
- -------------------------------------------------------------
City, State
November 2, 1999
- -------------------------------------------------------------
Date
Report Type (Check only one.):
[ X ] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager: [If there are no entries in
this list, omit this section.]
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: None
Form 13F Information Table Entry Total: 381
Form 13F Information Table Value Total: $4,555,643
List of Other Included Mangers:
No. 13F File Number Name
<TABLE>
<CAPTION>
FORM 13F NAME OF REPORTING MANAGER: AAL CAPITAL MANAGEMENT CORPORATION #28-3622 DATE: 09/30/99
ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ITEM 6: ITEM 7: ITEM 8:
NAME OF ISSUER TITLE OF CLASS CUSIP FAIR MARKET SHARES OR INVESTMENT DISCRETION MANAGER VOTING AUTHORITY
NUMBER VALUE PRINC. AMT. SOLE SHARED OTHER SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AES Trust Conv PFD PREFERRED 001033208 1,790 21,500 X 21500
5.375% 3/31/2027
AmeriSource Health COMMON STOCK 03071P102 7,760 327,600 X 327600
Corporation
Albertson's, Inc. COMMON STOCK 013104104 1,741 44,000 X 44000
Atlantic Coast COMMON STOCK 048396105 687 38,700 X 38700
Airlines Holdings
Alberto Culver COMMON STOCK 013068101 9,232 399,200 X 399200
Company
Acxiom Corporation COMMON STOCK 005125109 6,752 343,500 X 343500
ADC Telecommun. COMMON STOCK 000886101 64,856 1,546,500 X 1546500
Analog Devices, Inc. COMMON STOCK 032654105 9,866 192,500 X 192500
Adelphia COMMON STOCK 006848105 19,202 326,500 X 326500
Communications
Ameren Corporation COMMON STOCK 023608102 1,361 36,000 X 36000
AES Corporation COMMON STOCK 00130H105 2,968 50,300 X 50300
Advanced Fibre COMMON STOCK 00754A105 1,484 66,700 X 66700
Communications
Associates First COMMON STOCK 046008108 6,110 169,710 X 169710
Capital Corporation
U.S. Aggregates, Inc COMMON STOCK 90334D109 786 56,400 X 56400
American Home COMMON STOCK 026609107 3,943 95,000 X 95000
Products Corporation
American Int'l COMMON STOCK 026874107 115,874 1,332,843 X 1332843
Group, Inc.
Ameritech COMMON STOCK 030954101 50,393 750,040 X 750040
Corporation
AlliedSignal Inc. COMMON STOCK 019512102 3,836 64,000 X 64000
Alpharma, Inc. COMMON STOCK 020813101 791 22,400 X 22400
Annuity and Life Re COMMON STOCK G03910109 1,269 51,000 X 51000
(Holdings), Ltd.
Altera Corp. COMMON STOCK 021441100 3,748 86,400 X 86400
Ames Department COMMON STOCK 030789507 510 16,000 X 16000
Stores, Inc.
Amkor Technology, COMMON STOCK 031652100 1,492 92,500 X 92500
Inc.
American Management COMMON STOCK 027352103 875 34,100 X 34100
Systems, Inc.
Anicom, Inc. COMMON STOCK 035250109 236 44,500 X 44500
AnnTaylor Stores, COMMON STOCK 036115103 384 9,400 X 9400
Inc.
Apache Corporation COMMON STOCK 037411105 13,772 318,900 X 318900
Applebee's Intl, COMMON STOCK 037899101 1,385 41,100 X 41100
Inc.
Applied Power, Inc. COMMON STOCK 038225108 586 19,300 X 19300
Arrow Electronics COMMON STOCK 042735100 3,766 213,700 X 213700
Associated Banc-Corp COMMON STOCK 045487105 7,368 203,600 X 203600
At Home Corp. COMMON STOCK 045919107 663 16,000 X 16000
Atmos Energy Corp COMMON STOCK 049560105 555 23,000 X 23000
Artesyn Technologies COMMON STOCK 043127109 4,004 211,100 X 211100
Inc.
Automatic Data COMMON STOCK 053015103 68,888 1,543,700 X 1543700
Processing, Inc.
American Express COMMON STOCK 025816109 55,614 413,100 X 413100
Company
Autozone Inc. COMMON STOCK 053332102 1,712 61,000 X 61000
Azurix Corp. COMMON STOCK 05501M104 6,540 380,500 X 380500
The Boeing Company COMMON STOCK 097023105 1,876 44,000 X 44000
BankAmerica Corp COMMON STOCK 060505104 34,777 624,500 X 624500
Baxter International COMMON STOCK 071813109 2,350 39,000 X 39000
The Bombay Company, COMMON STOCK 097924104 693 136,800 X 136800
Blockbuster, Inc. COMMON STOCK 093679108 7,202 564,900 X 564900
Burr Brown Corp COMMON STOCK 122574106 1,414 35,800 X 35800
Biochem Pharma, Inc. COMMON STOCK 09058T108 3,543 148,000 X 148000
BEA Systems, Inc. COMMON STOCK 073325102 9,782 277,000 X 277000
BE Aerospace, Inc. COMMON STOCK 073302101 561 47,000 X 47000
Bell Atlantic COMMON STOCK 077853109 50,289 747,100 X 747100
Corporation
Biogen Inc. COMMON STOCK 090597105 8,591 109,000 X 109000
Benchmark Electronic COMMON STOCK 08160H101 1,526 43,200 X 43200
Pinnacle Holdings, COMMON STOCK 72346N101 1,818 69,600 X 69600
Inc,
B J Services Co. COMMON STOCK 055482103 8,748 275,000 X 275000
The Bank of New York COMMON STOCK 064057102 1,070 32,000 X 32000
Bank United Corp Cl COMMON STOCK 065412108 887 27,400 X 27400
A
BP Amoco Plc COMMON STOCK 055622104 40,139 362,224 X 362224
The BISYS Group, COMMON STOCK 055472104 821 17,500 X 17500
Inc.
Biomatrix, Inc. COMMON STOCK 09060P102 280 12,500 X 12500
Citigroup, Inc. COMMON STOCK 172967101 48,272 1,097,100 X 1097100
Computer Associates COMMON STOCK 204912109 15,005 244,975 X 244975
International, Inc.
Carrier Access COMMON STOCK 144460102 2,927 70,000 X 70000
Corporation
Centura Banks, Inc. COMMON STOCK 15640T100 612 14,800 X 14800
Cambrex Corporation COMMON STOCK 132011107 658 24,900 X 24900
Ciber, Inc. COMMON STOCK 17163B102 668 43,600 X 43600
CCB Financial COMMON STOCK 124875105 4,292 103,100 X 103100
Corporation
C-Cor. Net COMMON STOCK 125010108 261 8,600 X 8600
Corporation
Cordant Technologies COMMON STOCK 218412104 13,685 449,600 X 449600
Comidisco, Inc. COMMON STOCK 200336105 3,227 167,100 X 167100
CEC Entertainment COMMON STOCK 125137109 908 25,300 X 25300
Inc.
Concord EFS, Inc. COMMON STOCK 206197105 9,462 458,775 X 458775
Crescent Real Estate COMMON STOCK 225756105 720 40,000 X 40000
Equities Company
Commercial Federal COMMON STOCK 201647104 461 23,500 X 23500
Corporation
Community First COMMON STOCK 203902101 422 25,000 X 25000
Bankshares, Inc.
Cullen\Frost Bankers COMMON STOCK 229899109 1,225 49,000 X 49000
Columbia Energy COMMON STOCK 197648108 15,045 271,700 X 271700
Group
Cascade Natural Gas COMMON STOCK 147339105 620 34,700 X 34700
Corporation
Coastal Corp COMMON STOCK 190441105 2,988 73,000 X 73000
Check Point Software COMMON STOCK M22465104 946 11,200 X 11200
Technologies Ltd.
Chevron Corporation COMMON STOCK 166751107 20,590 232,000 X 232000
Cigna Corporation COMMON STOCK 125509109 58,748 755,600 X 755600
CIENA Corporation COMMON STOCK 171779101 1,460 40,000 X 40000
Coulter Pharmaceut. COMMON STOCK 222116105 215 15,400 X 15400
Chase Manhattan COMMON STOCK 16161A108 3,317 44,000 X 44000
Corporation
Comcast Corporation COMMON STOCK 200300200 123,401 3,094,700 X 3094700
Computer Network COMMON STOCK 204925101 402 43,200 X 43200
Technology Corp.
Credence Systems Cor COMMON STOCK 225302108 1,019 22,700 X 22700
CMS Energy Corp. COMMON STOCK 125896100 9,696 285,700 X 285700
Comverse Technology COMMON STOCK 205862402 5,564 59,000 X 59000
Inc.
Conseco Inc. COMMON STOCK 208464107 39,040 2,021,500 X 2021500
CNF Transportation COMMON STOCK 12612W104 3,319 89,100 X 89100
Inc.
Consolidated Natural COMMON STOCK 20961510 1,684 27,000 X 27000
Gas
Conoco, Inc. COMMON STOCK 208251405 2,989 109,191 X 109191
Charter One COMMON STOCK 160903100 3,788 163,800 X 163800
Financial, Inc.
Comair Holdings, Inc COMMON STOCK 199789108 1,742 104,400 X 104400
COR Therapeutics COMMON STOCK 217753102 416 21,900 X 21900
Cox Communications COMMON STOCK 224044107 129,350 3,098,200 X 3098200
Corn Products COMMON STOCK 219023108 1,414 46,450 X 46450
International, Inc.
Cabletron Systems COMMON STOCK 126920107 3,829 244,100 X 244100
Inc.
Computer Sciences Co COMMON STOCK 205363104 16,418 233,500 X 233500
Cisco Systems, Inc. COMMON STOCK 17275R102 67,071 978,250 X 978250
Carlisle Companies COMMON STOCK 142339100 4,404 111,500 X 111500
Central & Southwest COMMON STOCK 152357109 1,542 73,000 X 73000
Corporation
Cintas Corporation COMMON STOCK 172908105 4,047 70,000 X 70000
CenturyTel, Inc. COMMON STOCK 156700106 7,422 182,700 X 182700
Commscope, Inc, COMMON STOCK 203372107 611 18,800 X 18800
Cablevision Systems COMMON STOCK 12686C109 19,461 267,500 X 267500
Corp, Class A
Convergys Corp. PREFERRED 212485106 1,030 52,000 X 52000
CVS Corporation CONVERTIBLE 126650100 6,048 148,200 X 148200
Cable & Wireless COMMON STOCK 126830207 2,981 90,000 X 90000
PLC-ADR
Casella Waste COMMON STOCK 147448104 721 43,200 X 43200
Systems, Inc.
Cypress COMMON STOCK 232806109 4,253 197,800 X 197800
Semiconductor Corp.
Dominion Resources, COMMON STOCK 257470104 2,166 48,000 X 48000
Inc.
E.I. Du Pont De COMMON STOCK 263534109 1,741 28,596 X 28596
Nemours and Company
Dean Foods Company COMMON STOCK 242361103 4,892 112,300 X 112300
Dollar General COMMON STOCK 256669102 3,898 126,250 X 126250
Corporation
Dayton Hudson COMMON STOCK 239753106 2,883 48,000 X 48000
Corporation
Deltek Systems COMMON STOCK 24785A108 1,639 100,100 X 100100
Digital Microwave COMMON STOCK 253859102 1,093 69,700 X 69700
Delphi Automotive COMMON STOCK 247126105 2,486 154,774 X 154774
Duke Realty COMMON STOCK 264411505 1,014 52,000 X 52000
Investments, Inc.
Dura Automotive COMMON STOCK 265903104 1,559 64,800 X 64800
Dallas Semiconductor COMMON STOCK 235204104 657 12,300 X 12300
DSP Communications, COMMON STOCK 23332K106 361 19,000 X 19000
Inc.
DeVRY, Inc. COMMON STOCK 251893103 698 34,900 X 34900
Dycom Industries COMMON STOCK 267475101 629 14,900 X 14900
Inc.
Daisytek Intl Corp COMMON STOCK 234053106 2,316 164,700 X 164700
Consolidated Edison COMMON STOCK 20911510 940 22,650 X 22650
Company of New York
E*TRADE Group, Inc. COMMON STOCK 269246104 4,340 184,700 X 184700
Edison International COMMON STOCK 281020107 21,290 875,700 X 875700
Elan Corporation Plc COMMON STOCK 284131208 14,620 435,600 X 435600
ADR
Emmis Communications COMMON STOCK 291525103 2,418 36,600 X 36600
Corporation
Eastman Chemical COMMON STOCK 277432100 6,688 167,200 X 167200
Company
Emerson Electric Co. COMMON STOCK 291011104 3,475 55,000 X 55000
EOG Resources, Inc. COMMON STOCK 26875P101 28,756 1,353,200 X 1353200
Equity Residential COMMON STOCK 29476L107 1,059 25,000 X 25000
Properties Trust
Electronic Arts Inc. COMMON STOCK 285512109 8,178 113,000 X 113000
Express Scripts, COMMON STOCK 302182100 1,158 14,800 X 14800
Inc.
ENSCO International, COMMON STOCK 26874Q100 7,718 427,300 X 427300
Inc.
Etec Systems, Inc. COMMON STOCK 26922C103 911 24,200 X 24200
Ethan Allen COMMON STOCK 297602104 449 14,100 X 14100
Interiors, Inc.
Entergy Corporation COMMON STOCK 29364G103 6,977 241,100 X 241100
E.W. Blanch Holdings COMMON STOCK 093210102 449 6,900 X 6900
Ford Motor Company COMMON STOCK 345370100 1,656 33,000 X 33000
Furniture Brands Int COMMON STOCK 360921100 6,899 350,400 X 350400
First Data COMMON STOCK 319963104 31,900 727,066 X 727066
Corporation
Family Dollar Stores COMMON STOCK 307000109 7,064 334,400 X 334400
Fiserv, Inc. COMMON STOCK 337738108 7,566 232,800 X 232800
Flowers Industries, COMMON STOCK 343496105 963 71,000 X 71000
Inc.
Fleet Financial Grp COMMON STOCK 338915101 879 24,000 X 24000
Foodmaker, Inc. COMMON STOCK 344839204 1,102 44,200 X 44200
F & M Bancorporation COMMON STOCK 302371109 970 27,900 X 27900
FirstMerit Corp. COMMON STOCK 337915102 1,188 46,800 X 46800
Fannie Mae COMMON STOCK 313586109 46,107 735,500 X 735500
The FINOVA Group COMMON STOCK 317928109 3,030 83,000 X 83000
Sprint Corporation COMMON STOCK 852061100 14,626 269,600 X 269600
(fon Group)
Forrester Research, COMMON STOCK 346563109 819 21,000 X 21000
Inc.
Fox Entertainment COMMON STOCK 35138T107 2,218 105,000 X 105000
Group
First Industrial COMMON STOCK 32054K103 9,130 368,900 X 368900
Realty Trust, Inc.
Freddie Mac COMMON STOCK 313400301 2,132 41,000 X 41000
Forest Labs Inc. COMMON STOCK 345838106 6,546 155,400 X 155400
Gannett Company, COMMON STOCK 364730101 24,444 353,300 X 353300
Inc.
General Electric COMMON STOCK 369604103 138,268 1,166,200 X 1166200
Company
Genzyme Corporation COMMON STOCK 372917104 5,782 128,300 X 128300
Getty Images, Inc. COMMON STOCK 374276103 1,505 62,400 X 62400
Gilat Satellite COMMON STOCK M51474100 1,201 22,400 X 22400
Networks, Ltd.
General Mills, Inc. COMMON STOCK 370334104 52,001 641,000 X 641000
Corning Inc. COMMON STOCK 219350105 1,440 21,000 X 21000
General Motors Corp. COMMON STOCK 370442105 1,511 24,000 X 24000
Gentex Corporation COMMON STOCK 371901109 622 30,100 X 30100
The Geon Company COMMON STOCK 37246W105 471 18,300 X 18300
Goodrich (B.F.) COMMON STOCK 382388106 1,653 57,000 X 57000
Company
Golden State Bancorp COMMON STOCK 381197102 4,508 251,300 X 251300
GTE Corporation COMMON STOCK 362320103 2,691 35,000 X 35000
Gateway Inc. COMMON STOCK 367626108 12,940 291,200 X 291200
Granite Construction COMMON STOCK 387328107 897 34,400 X 34400
Halliburton Company COMMON STOCK 406216101 18,872 460,300 X 460300
Hasbro, Inc. COMMON STOCK 418056107 3,548 165,500 X 165500
HCC Insurance COMMON STOCK 404132102 7,221 429,500 X 429500
Holdings, Inc.
The Home Depot, Inc. COMMON STOCK 437076102 3,706 54,000 X 54000
Harley-Davidson Inc. COMMON STOCK 412822108 40,711 813,200 X 813200
Household COMMON STOCK 441815107 20,532 511,700 X 511700
International Corp.
Hartford Life, Inc. COMMON STOCK 416592103 1,384 28,100 X 28100
Health Management COMMON STOCK 421933102 1,633 221,400 X 221400
Associates
H.J. HEINZ COMPANY COMMON STOCK 423074103 1,849 43,000 X 43000
Honeywell, Inc. COMMON STOCK 438506107 21,673 194,700 X 194700
Starwood Hotels & COMMON STOCK 85590A203 7,466 334,629 X 334629
Resorts Trust
Houghton Mifflin COMMON STOCK 441560109 6,411 157,800 X 157800
Company
Hudson United COMMON STOCK 444165104 505 16,400 X 16400
Bancorp
Hewlett-Packard COMMON STOCK 428236103 16,238 176,500 X 176500
Company
Intimate Brands, Inc COMMON STOCK 461156101 2,945 75,630 X 75630
International COMMON STOCK 459200101 4,612 38,000 X 38000
Business Machines
IDEC Pharmaceuticals COMMON STOCK 449370105 244 2,600 X 2600
Corporation
Idexx Laboratories, COMMON STOCK 45168D104 641 37,200 X 37200
Inc.
Incyte Pharmaceutic COMMON STOCK 45337C102 442 19,100 X 19100
Inhale Therapeutic COMMON STOCK 457191104 690 22,700 X 22700
Systems
Intel Corporation COMMON STOCK 458140100 85,489 1,150,400 X 1150400
International Paper COMMON STOCK 460146103 2,643 55,000 X 55000
Company
INTERIM SERVICES INC COMMON STOCK 45868P100 698 42,600 X 42600
J.jill Group Inc. COMMON STOCK 466189107 411 87,600 X 87600
Johnson & Johnson COMMON STOCK 478160104 62,944 685,100 X 685100
J.P. Morgan COMMON STOCK 616880100 46,066 403,200 X 403200
& Company
Koala Corporation COMMON STOCK 499866101 984 32,000 X 32000
Keebler Foods COMMON STOCK 487256109 7,890 264,100 X 264100
Company
Kmart Corporation COMMON STOCK 4825841029 1,671 143,000 X 143000
Kimberly-Clark COMMON STOCK 494368103 20,092 382,700 X 382700
Corporation
Kent Electronics COMMON STOCK 490553104 1,310 70,800 X 70800
MBNA Corporation COMMON STOCK 55262L100 22,527 987,493 X 987493
Lamar Advertising Co COMMON STOCK 512815101 1,683 34,000 X 34000
Legato Systems, Inc. COMMON STOCK 524651106 11,029 253,000 X 253000
Linens 'n COMMON STOCK 535679104 317 9,400 X 9400
Things, Inc.
The Liposome COMMON STOCK 536310105 129 17,000 X 17000
Company, Inc.
Linear Technology COMMON STOCK 535678106 6,407 109,000 X 109000
Corporation
Eli Lilly & Company COMMON STOCK 532457108 37,888 592,000 X 592000
Legg Mason COMMON STOCK 524901105 448 11,700 X 11700
Liberty Media Group COMMON STOCK 001957208 66,484 1,790,804 X 1790804
Lockheed Martin COMMON STOCK 539830109 1,111 34,000 X 34000
Corporation
Lowe's Companies COMMON STOCK 548661107 2,535 52,000 X 52000
Lattice Semiconductr COMMON STOCK 518415104 558 18,800 X 18800
Corporation
LSI Logic COMMON STOCK 502161102 6,237 121,100 X 121100
Corporation
Lucent Technologies, COMMON STOCK 549463107 115,042 1,773,292 X 1773292
Inc.
Lexmark Int. COMMON STOCK 529771107 3,775 46,900 X 46900
Macromedia, Inc. COMMON STOCK 556100105 6,736 164,800 X 164800
Masco Corporation COMMON STOCK 574599106 3,007 97,000 X 97000
Medtronic, Inc. COMMON STOCK 585055106 18,176 512,000 X 512000
MDU Resources Group, COMMON STOCK 552690109 7,584 337,050 X 337050
Inc.
MidAmerican Energy COMMON STOCK 59562V107 9,880 334,900 X 334900
Holdings
Medimmune, Inc. COMMON STOCK 584699102 7,624 76,500 X 76500
Mellon Bank COMMON STOCK 585509102 2,025 60,000 X 60000
Corporation
Mercury Interactive COMMON STOCK 589405109 607 9,400 X 9400
Corp.
Methode Electronics, COMMON STOCK 591520200 321 17,000 X 17000
Inc.
Herman Miller, Inc. COMMON STOCK 600544100 15,185 635,200 X 635200
Philip Morris COMMON STOCK 718154107 58,655 1,715,700 X 1715700
Companies, Inc.
Mobil Corporation COMMON STOCK 607059102 3,627 36,000 X 36000
Motorola, Inc. COMMON STOCK 620076109 35,939 408,400 X 408400
Mercantile COMMON STOCK 587405101 712 23,000 X 23000
Bankshares Corp
Marshall & Isley COMMON STOCK 571834100 4,839 84,800 X 84800
Corporation
Merck & Co., Inc. COMMON STOCK 589331107 103,000 1,589,200 X 1589200
MS Carriers, Inc. COMMON STOCK 553533100 775 32,300 X 32300
Microsoft COMMON STOCK 594918104 144,963 1,600,700 X 1600700
Corporation
M&T Bank Corporation COMMON STOCK 55261F104 5,783 12,600 X 12600
MGIC Investment COMMON STOCK 552848103 32,489 680,400 X 680400
Corporation
Minerals COMMON STOCK 603158106 5,288 108,900 X 108900
Technologies, Inc.
Morgan St Dean COMMON STOCK 617446448 33,213 372,400 X 372400
Witter & Co.
Mylan Laboratories COMMON STOCK 628530107 5,551 302,100 X 302100
National Instruments COMMON STOCK 636518102 371 10,500 X 10500
Corp
Nabors Industries COMMON STOCK 629568106 18,145 725,800 X 725800
National City COMMON STOCK 635405103 26,415 989,800 X 989800
Corporation
New Century COMMON STOCK 64352U103 10,867 325,000 X 325000
Energies, Inc.
Navigant Consulting, COMMON STOCK 63935N107 3,784 81,600 X 81600
Inc.
National Data Corp. COMMON STOCK 635621105 10,169 391,100 X 391100
Noble Drilling COMMON STOCK 655042109 10,981 502,000 X 502000
Corporation
National Fuel Gas Co COMMON STOCK 636180101 8,621 182,700 X 182700
NiSource Inc. COMMON STOCK 65473P105 7,938 358,800 X 358800
NOVA Corporation COMMON STOCK 669784100 2,710 108,400 X 108400
New Jersey Resources COMMON STOCK 646025106 376 9,400 X 9400
Corporation
Newbridge Networks COMMON STOCK 650901101 3,696 141,800 X 141800
Corporation
Inspire Insurance COMMON STOCK 457732105 1,091 158,700 X 158700
NSTAR COMMON STOCK 67019E107 1,356 34,995 X 34995
Northern Trust COMMON STOCK 665859104 8,116 97,200 X 97200
Corporation
Novellus Systmes, COMMON STOCK 670008101 1,652 24,500 X 24500
Inc.
The New York Times COMMON STOCK 650111107 17,779 474,100 X 474100
Company Class A
Oak Industries, Inc. COMMON STOCK 671400505 435 12,800 X 12800
Orthodontic Centers COMMON STOCK 68750P103 744 42,500 X 42500
of America, Inc.
Old Kent Financial COMMON STOCK 679833103 5,181 139,555 X 139555
Corp
Banc One Corporation COMMON STOCK 06423A103 1,111 31,900 X 31900
O'Reilly Automotive, COMMON STOCK 686091109 1,177 24,700 X 24700
Inc.
Outdoor Systems, COMMON STOCK 690057104 6,897 192,925 X 192925
Inc.
Outback Steakhouse, COMMON STOCK 689899102 3,791 148,850 X 148850
Inc.
Pairgain COMMON STOCK 695934109 754 59,100 X 59100
Technologies, Inc.
Pitney-Bowes, Inc. COMMON STOCK 724479100 3,047 50,000 X 50000
Paccar Inc. COMMON STOCK 693718108 5,143 101,100 X 101100
PG & E Corporation COMMON STOCK 69331C108 1,449 56,000 X 56000
Sprint PCS Group COMMON STOCK 852061506 5,026 67,400 X 67400
Patterson Dental COMMON STOCK 703412106 2,186 44,100 X 44100
Company
Precision Drilling COMMON STOCK 74022D100 7,292 314,500 X 314500
Corp.
Pfizer Inc. COMMON STOCK 717081103 83,379 2,320,100 X 2320100
Procter & Gamble COMMON STOCK 742718109 68,447 730,100 X 730100
Company
Petroleum Geo- COMMON STOCK 716597109 1,596 83,700 X 83700
Services ASA ADR
Peoples Heritage COMMON STOCK 711147108 9,175 551,900 X 551900
Financial Group
Priority Healthcare COMMON STOCK 74264T102 506 16,400 X 16400
Corp - B
ProVantage Health COMMON STOCK 743725103 132 12,800 X 12800
Services, Inc
Pier 1 Imports COMMON STOCK 720279108 439 65,000 X 65000
Pixar, Inc. COMMON STOCK 725811103 6,987 185,700 X 185700
Premier Parks Inc. COMMON STOCK 740540208 4,077 140,600 X 140600
Protective Life COMMON STOCK 743674103 3,080 106,200 X 106200
Corporation
Plantronics, Inc. COMMON STOCK 727493108 572 11,500 X 11500
Plexus Corporation COMMON STOCK 729132100 1,188 38,800 X 38800
PMC - Sierra Inc COMMON STOCK 69344F106 3,617 39,100 X 39100
Pentair, Inc. COMMON STOCK 709631105 7,696 191,800 X 191800
Pinnacle West COMMON STOCK 723484101 2,437 67,000 X 67000
Capital Corporation
Piedmont Natural Gas COMMON STOCK 720186105 355 11,700 X 11700
Catalina Marketing COMMON STOCK 148867104 2,553 30,100 X 30100
Corp.
Pharmaceutical COMMON STOCK 717124101 609 44,900 X 44900
Product Development
The Profit Recovery COMMON STOCK 743168106 415 9,300 X 9300
Group Intl. Inc
Power-One, Inc. COMMON STOCK 739308104 548 21,500 X 21500
Ralston-Ralston COMMON STOCK 751277302 2,114 76,000 X 76000
Purina Group
Renal Care Group Inc COMMON STOCK 759930100 751 34,300 X 34300
Royal Caribbean COMMON STOCK V7780T103 15,291 339,800 X 339800
Cruise Lines
Royal Dutch COMMON STOCK 780257804 44,214 748,600 X 748600
Petroleum Company
Reader's Digest COMMON STOCK 755267101 2,489 85,100 X 85100
Association, Inc.
Radian Group, Inc. COMMON STOCK 750236101 2,220 51,700 X 51700
Reader's Digest COMMON STOCK 755271202 2,543 90,000 X 90000
"Traces"
Transocean Offshore COMMON STOCK G9007610 3,779 123,400 X 123400
Inc.
Reliastar Financial COMMON STOCK 75952U103 1,599 48,100 X 48100
Corporation
Rockwell COMMON STOCK 773903109 10,642 202,700 X 202700
International Corpor
Ross Stores, Inc. COMMON STOCK 778296103 41,707 2,072,400 X 2072400
RPM, Inc. COMMON STOCK 749685103 4,860 398,800 X 398800
RSA Security, Inc. COMMON STOCK 749719100 6,752 254,200 X 254200
Republic Services COMMON STOCK 760759100 5,662 520,600 X 520600
Rayonier, Inc. COMMON STOCK 754907103 5,695 135,600 X 135600
SBC Communications COMMON STOCK 78387G103 3,593 70,370 X 70370
Incorporated
Starbucks COMMON STOCK 855244109 3,977 160,500 X 160500
Corporation
Southdown, Inc. COMMON STOCK 841297104 18,976 354,700 X 354700
SEI Investments COMMON STOCK 784117103 607 6,800 X 6800
Schering-Plough COMMON STOCK 806605101 29,517 676,600 X 676600
SkyWest, Inc COMMON STOCK 830879102 380 17,300 X 17300
Sara Lee Corporation COMMON STOCK 803111103 2,016 86,000 X 86000
SLI, Inc. COMMON STOCK 78442T108 8,898 417,500 X 417500
Synopsys, Inc. COMMON STOCK 871607107 5,885 104,800 X 104800
Sunrise Assisted COMMON STOCK 86768K106 9,042 340,400 X 340400
Simon Property COMMON STOCK 828806109 875 39,000 X 39000
Group, Inc.
SportsLine USA, Inc. COMMON STOCK 848934105 875 29,600 X 29600
SPX Corporation COMMON STOCK 784635104 9,964 109,800 X 109800
Sierra Pacific COMMON STOCK 826428104 2,225 100,000 X 100000
Resources
Steiner Leisure, COMMON STOCK P8744Y102 1,295 51,800 X 51800
Ltd.
Questar Corporation COMMON STOCK 748356102 1,740 96,000 X 96000
Superior Consultant COMMON STOCK 868146101 400 34,000 X 34000
Holdings Corporation
Safeway Inc. COMMON STOCK 786514208 21,136 555,300 X 555300
Stryker Corporation COMMON STOCK 863667101 4,254 83,200 X 83200
AT&T Corporation COMMON STOCK 001957109 79,380 1,824,839 X 1824839
Tandy Corporation COMMON STOCK 875382103 7,975 154,300 X 154300
Telefonica S.A. ADR COMMON STOCK 879382208 4,936 102,825 X 102825
Tenneco Inc. COMMON STOCK 88037E101 1,139 67,000 X 67000
Teradyne Inc. COMMON STOCK 880770102 4,787 135,800 X 135800
Titanium Metals COMMON STOCK 888339108 1,068 119,500 X 119500
Corporation
Tiffany and Company COMMON STOCK 886547108 63,953 1,067,000 X 1067000
Tellabs, Inc. COMMON STOCK 879664100 63,104 1,108,300 X 1108300
Telecom COMMON STOCK 87921P107 1,098 86,100 X 86100
Semiconductor
The Times Mirror Co. COMMON STOCK 887364107 7,226 109,800 X 109800
Torchmark Corp. COMMON STOCK 891027104 1,371 53,000 X 53000
Tommy Hilfiger COMMON STOCK G8915Z102 6,852 243,100 X 243100
Corporation
Tosco Corporation COMMON STOCK 891490302 2,843 112,600 X 112600
Tyson Foods COMMON STOCK 902494103 6,549 398,400 X 398400
Tetra Technologies, COMMON STOCK 88162F105 1,579 155,000 X 155000
Tower Automotive, COMMON STOCK 891707101 6,907 348,600 X 348600
Inc.
Time Warner, Inc. COMMON STOCK 887315109 44,724 736,200 X 736200
Texaco Inc. COMMON STOCK 881694103 5,492 87,000 X 87000
Texas Utilities COMMON STOCK 882848104 3,246 87,000 X 87000
Company
Universal Health COMMON STOCK 913903100 243 9,400 X 9400
Services, Inc.
MediaOne Group, Inc. COMMON STOCK 58440J104 126,361 1,849,749 X 1849749
Mediaone Group 'ATI' COMMON STOCK 58440J401 24,965 237,900 X 237900
Pies 6.25% 8/2001
Union Planters COMMON STOCK 908068109 530 13,000 X 13000
Corporation
USA Networks, Inc. COMMON STOCK 902984103 8,432 217,600 X 217600
USFreightways Co. COMMON STOCK 916906100 512 10,800 X 10800
US Trust Corporation COMMON STOCK 91288L105 691 8,600 X 8600
UTI Energy Corp COMMON STOCK 903387108 1,909 98,200 X 98200
United Technologies COMMON STOCK 913017109 28,464 479,900 X 479900
Corporation
Univision COMMON STOCK 914906102 7,625 93,700 X 93700
Communications, Inc.
United Water COMMON STOCK 913190104 460 14,100 X 14100
Resources, Inc.
Valassis Communicat. COMMON STOCK 918866104 1,035 23,550 X 23550
VISX Inc. COMMON STOCK 92844S105 4,674 59,100 X 59100
Vodafone AirTouch COMMON STOCK 92857T107 6,538 27,500 X 27500
Vertex Pharmaceutica COMMON STOCK 92532F100 503 16,200 X 16200
ls, Inc.
Vishay Intertech. COMMON STOCK 928298108 1,391 58,575 X 58575
Walgreen Company COMMON STOCK 931422109 99,399 3,917,200 X 3917200
Tetra Tech, Inc. COMMON STOCK 88162G103 1,593 95,438 X 95438
MCI Worldcom, Inc. COMMON STOCK 55268B106 29,521 410,724 X 410724
Waddell & Reed COMMON STOCK 930059100 1,333 60,100 X 60100
Washington Gas Light COMMON STOCK 938837101 559 20,600 X 20600
Whittman-Hart, Inc. COMMON STOCK 966834103 1,055 27,200 X 27200
Warner-Lambert COMMON STOCK 934488107 2,390 36,000 X 36000
Company
Wellpoint Health COMMON STOCK 94973H108 18,388 322,600 X 322600
Networks
The Williams COMMON STOCK 969457100 2,696 72,000 X 72000
Companies, Inc.
Wal-Mart Stores, Inc COMMON STOCK 931142103 71,991 1,513,600 X 1513600
Williams-Sonoma, COMMON STOCK 969904101 10,077 207,500 X 207500
Inc.
USX - U.S. Steel COMMON STOCK 90337T101 1,339 52,000 X 52000
Group
Xircom, Inc. COMMON STOCK 983922105 521 12,200 X 12200
XL Capital Ltd. COMMON STOCK G98255105 1,215 27,000 X 27000
Xilinx, Inc. COMMON STOCK 983919101 9,404 143,500 X 143500
Exxon Corporation COMMON STOCK 302290101 86,994 1,145,600 X 1145600
Zebra Technologies COMMON STOCK 989207105 609 13,400 X 13400
Corporation
Zale Corporation COMMON STOCK 988858106 502 13,100 X 13100
GRAND TOTAL: 4,555,643
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