UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 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: Sanford C. Bernstein and Co., Inc.
Address: 1 North Lexington Avenue, White Plains, NY 10601
Form 13F File Number: 28-979
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: Michael Borgia
Title: Senior Vice President
Phone: 914-993-2300
Signature, Place, and Date of Signing:
/s/ Michael Borgia
White Plains, NY
May 7, 1999
Report Type (Check only one.):
[x] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 522
Form 13F Information Table Value Total (thousands): $44,197,240
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
NONE
<PAGE>
<TABLE>
<CAPTION>
Form 13F INFORMATION TABLE
COL-
UMN COLUMN
COLUMN 1 2 COLUMN 3 COLUMN 4 COLUMN 5 6 COLUMN 7 COLUMN 8
- ------------------------ ----- --------- --------- ---------------------- -------- -------- ---------------------------------
INVEST- VOTING AUTHORITY
TITLE MENT ---------------------------------
NAME OF ISSUER OF VALUE SHRS OR SH/ PUTT/ DISCRE- OTHER
CLASS CUSIP (x$1000) PRN AMT PRN CALL TION MANAGERS SOLE SHARED* NONE
- ------------------------ ----- --------- --------- ---------- --- ----- -------- -------- ---------- --------- ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
*** MACMILLAN BLOEDEL LT COM 554783209 2,990 265,800 SH SOLE 250,200 15,600
***ALCAN ALUMINUM LTD COM 013716105 626,456 24,269,497 SH SOLE 13,158,203 2,722,964 8,388,330
***BAAN COMPANY NV COM N08044104 344 40,000 SH SOLE 40,000
***BP AMOCO P L C COM 055622104 57,733 571,964 SH SOLE 169,747 112,455 289,762
***CANADIAN PACIFIC LTD COM 135923100 604,419 31,095,501 SH SOLE 16,236,442 4,156,105 10,702,954
***CREATIVE TECHNOLOGY L COM Y1775U107 217 19,000 SH SOLE 19,000
***ESG RE LTD COM G31215109 9,882 622,495 SH SOLE 439,400 20,445 162,650
***FRESH DEL MONTE PRODU COM G36738105 19,720 1,062,340 SH SOLE 852,825 23,735 185,780
***KONINKLIJKE PHILIPS E COM 500472105 6,857 83,180 SH SOLE 77,300 100 5,780
***LASALLE RE HOLDINGS L COM G5383Q101 540 36,600 SH SOLE 36,600
***LUCASVARITY PLC COM 549395101 654 14,145 SH SOLE 14,145
***MADGE NV COM N5424G106 403 150,000 SH SOLE 150,000
***MILLENNIUM CHEMICALS COM 599903101 194,696 9,796,027 SH SOLE 5,538,920 1,026,193 3,230,914
***NEW HOLLAND NV COM N62648105 615 60,001 SH SOLE 60,001
***PARTNERRE HOLDINGS LT COM G6852T105 17,604 434,665 SH SOLE 347,900 10,140 76,625
***ROYAL CARIBBEAN CRUIS COM V7780T103 2,599 66,630 SH SOLE 62,400 4,230
***ROYAL DUTCH PETROLEUM COM 780257804 134,684 2,590,075 SH SOLE 1,809,290 96,935 683,850
***SCHLUMBERGER LTD COM 806857108 851 14,135 SH SOLE 4,100 10,035
***SMITHKLINE BEECHAM PL COM 832378301 2,473 34,590 SH SOLE 10,300 24,290
***WESCAST INDUSTRIES IN COM 950813105 1,707 59,890 SH SOLE 57,800 2,090
A O SMITH CORP CL B COM 831865209 1,820 95,775 SH SOLE 91,200 4,575
ABBOTT LABORATORIES COM 002824100 60,241 1,286,848 SH SOLE 845,904 5,418 435,526
ACCEPTANCE INSURANCE COM COM 004308102 204 15,093 SH SOLE 15,093
AETNA INC COM 008117103 1,068,833 12,877,506 SH SOLE 6,953,136 1,547,470 4,376,900
AGCO CORP COM 001084102 574 87,400 SH SOLE 87,400
AIR PRODUCTS & CHEMICALS COM 009158106 38,688 1,129,565 SH SOLE 191,700 68,260 869,605
AIRBORNE FREIGHT CORP-W/ COM 009266107 1,492 47,938 SH SOLE 46,600 1,338
AIRTOUCH COMMUNICATIONS COM 00949T100 20,386 210,983 SH SOLE 155,750 1,142 54,091
ALBANY INTL CORP CL A NE COM 012348108 18,048 962,569 SH SOLE 774,044 20,125 168,400
ALCOA INC COM 013817101 191,471 4,648,764 SH SOLE 1,769,350 890,810 1,988,604
ALEXANDER & BALDWIN INC COM 014482103 12,490 636,451 SH SOLE 506,125 14,115 116,211
ALLEGHENY ENERGY INC COM 017361106 159,506 5,406,974 SH SOLE 3,060,447 583,904 1,762,623
ALLEGHENY TELEDYNE INC COM 017415100 1,279 67,548 SH SOLE 11,875 29,870 25,803
ALLIANT TECHSYSTEMS INC COM 018804104 2,904 37,385 SH SOLE 35,800 1,585
ALLIED SIGNAL INC-COM COM 019512102 1,117 22,712 SH SOLE 11,500 6,810 4,402
ALLMERICA FINANCIAL CORP COM 019754100 1,546 28,075 SH SOLE 26,400 1,675
ALLSTATE CORP COM 020002101 69,618 1,878,388 SH SOLE 1,159,576 11,968 706,844
ALLTEL CORP COM 020039103 2,435 39,042 SH SOLE 24,950 217 13,875
ALLTRISTA CORP COM 020040101 13,367 660,080 SH SOLE 565,025 11,405 83,650
ALPHA INDUSTRIES INC COM 020753109 2,989 162,660 SH SOLE 158,100 4,560
AMBAC INC COM 023139108 199,657 3,697,347 SH SOLE 2,158,784 505,255 1,033,308
AMER INTERNATIONAL GROUP COM 026874107 70,647 585,672 SH SOLE 336,641 2,317 246,714
AMEREN CORP COM 023608102 5,659 156,385 SH SOLE 80,175 76,210
AMERICA ONLINE INC-DEL COM 02364J104 33,834 231,737 SH SOLE 149,780 1,150 80,807
AMERICAN ELECTRIC POWER COM 025537101 705,408 17,774,048 SH SOLE 10,195,378 1,889,545 5,689,125
AMERICAN EXPRESS CO COM 025816109 5,969 50,802 SH SOLE 2,375 48,427
AMERICAN GENERAL CORP COM 026351106 611,278 8,670,605 SH SOLE 4,423,099 1,269,137 2,978,369
AMERICAN GREETINGS CORP COM 026375105 11,203 441,514 SH SOLE 278,850 364 162,300
AMERICAN HOME PRODUCTS C COM 026609107 33,048 506,489 SH SOLE 347,975 3,499 155,015
AMERICAN MGMT SYSTEMS IN COM 027352103 5,366 157,242 SH SOLE 145,900 11,342
AMERICAN NATIONAL INSURA COM 028591105 14,026 209,739 SH SOLE 163,135 4,810 41,794
AMERICAN SAFETY RAZOR CO COM 029362100 15,995 1,152,795 SH SOLE 924,950 30,895 196,950
AMERICAN SOFTWARE INC CL COM 029683109 469 150,000 SH SOLE 150,000
AMERICAN STANDARD COMPAN COM 029712106 283,151 8,237,129 SH SOLE 4,420,300 1,023,706 2,793,123
AMERIN CORP COM 03070X106 772 38,000 SH SOLE 38,000
AMERISOURCE DISTRIBUTION COM 03071P102 3,073 89,900 SH SOLE 73,000 16,900
AMERITECH CORP NEW COM 030954101 18,077 312,337 SH SOLE 147,265 900 164,172
AMGEN COM 031162100 1,283 17,135 SH SOLE 2,900 4,175 10,060
AMR CORP-DEL- W/RTS TO P COM 001765106 9,716 165,905 SH SOLE 91,950 50 73,905
ANDREW CORP COM 034425108 19,724 1,601,967 SH SOLE 1,075,965 75,855 450,147
ANHEUSER-BUSCH COS INC-W COM 035229103 54,260 712,185 SH SOLE 342,361 6,099 363,725
AON CORP COM 037389103 740 11,700 SH SOLE 9,450 2,250
APPLE COMPUTER INC COM 037833100 34,470 959,167 SH SOLE 506,050 3,950 449,167
APPLIED MATERIALS INC COM 038222105 1,472 23,870 SH SOLE 2,800 200 20,870
ARCHER-DANIELS-MIDLAND C COM 039483102 46,806 3,186,768 SH SOLE 1,983,292 15,698 1,187,778
ARDEN REALTY INC COM 039793104 35,111 1,578,000 SH SOLE 46,500 1,531,500
ARGONAUT GROUP INC COM 040157109 7,487 291,473 SH SOLE 231,800 8,700 50,973
ARMSTRONG WORLD IND INC- COM 042476101 21,226 469,725 SH SOLE 320,525 850 148,350
ARROW ELECTRONICS INC COM 042735100 210,922 14,061,487 SH SOLE 7,311,451 1,649,059 5,100,977
ARVIN INDUSTRIES INC COM 043339100 3,284 97,495 SH SOLE 92,500 4,995
ASCEND COMMUNICATIONS IN COM 043491109 1,620 19,362 SH SOLE 3,600 15,762
ASHLAND INC COM 044204105 179,035 4,373,365 SH SOLE 2,266,997 486,125 1,620,243
ASYST TECHNOLOGIES INC COM 04648X107 4,105 298,550 SH SOLE 228,150 14,250 56,150
AT&T CORP COM 001957109 90,305 1,131,462 SH SOLE 652,156 5,437 473,869
ATLANTIC RICHFIELD CO COM 048825103 452,781 6,202,475 SH SOLE 3,045,350 921,595 2,235,530
AUDIOVOX CORP CL A COM 050757103 1,232 186,000 SH SOLE 186,000
AUTOLIV INC COM 052800109 1,726 45,961 SH SOLE 45,961
AUTOMATIC DATA PROCESSIN COM 053015103 50,815 1,228,146 SH SOLE 15,000 1,213,146
AVNET INC COM 053807103 189,193 5,165,690 SH SOLE 2,736,188 649,309 1,780,193
B F GOODRICH CO COM 382388106 164,340 4,789,518 SH SOLE 2,726,959 515,495 1,547,064
BALL CORP-W/RTS TO PUR P COM 058498106 1,575 33,550 SH SOLE 23,400 200 9,950
BALTIMORE GAS & ELECTRIC COM 059165100 3,520 138,703 SH SOLE 106,400 32,303
BANK OF AMERICA COM 06605F102 1,783,434 25,252,158 SH SOLE 13,387,063 3,020,018 8,845,077
BANK OF NEW YORK CO INC- COM 064057102 147,336 4,099,789 SH SOLE 59,200 4,040,589
BANK ONE CORP COM 06423A103 482,754 8,767,378 SH SOLE 3,709,487 1,095,225 3,962,666
BANKBOSTON CORP COM 06605R106 11,175 258,000 SH SOLE 46,650 250 211,100
BANKERS TRUST NEW YORK C COM 066365107 4,452 50,443 SH SOLE 28,200 608 21,635
BAUSCH & LOMB INC COM 071707103 3,933 60,515 SH SOLE 24,700 300 35,515
BAXTER INTERNATIONAL INC COM 071813109 34,612 524,430 SH SOLE 270,321 2,859 251,250
BEAR STEARNS COMPANIES I COM 073902108 1,519 33,986 SH SOLE 18,286 15,700
BECTON DICKINSON & CO COM 075887109 10,555 275,510 SH SOLE 261,500 14,010
BELL ATLANTIC CORP COM 077853109 43,444 840,510 SH SOLE 459,130 5,930 375,450
BELLSOUTH CORP COM 079860102 36,585 913,191 SH SOLE 524,536 3,400 385,255
BERGEN BRUNSWIG CORP CLA COM 083739102 4,001 200,032 SH SOLE 148,400 15,355 36,277
BESTFOODS COM 08658U101 10,125 215,430 SH SOLE 22,740 192,690
BINDLEY WESTERN INDUSTRY COM 090324104 7,765 271,868 SH SOLE 262,532 9,336
BIO-RAD LABORATORIES INC COM 090572207 4,715 232,840 SH SOLE 152,700 4,440 75,700
BIO-TECHNOLOGY GENERAL C COM 090578105 746 125,000 SH SOLE 125,000
BJS WHOLESALE CLUB INC COM 05548J106 5,400 204,250 SH SOLE 189,100 15,150
BLACK & DECKER CORP COM 091797100 56,895 1,026,285 SH SOLE 155,850 13,700 856,735
BLAIR CORP COM 092828102 392 24,920 SH SOLE 22,500 2,420
BLOCK DRUG CO INC CLASS COM 093644102 18,022 439,559 SH SOLE 350,762 9,746 79,051
BMC SOFTWARE INC COM 055921100 2,060 55,585 SH SOLE 49,100 135 6,350
BOEING CO COM 097023105 71,889 2,106,632 SH SOLE 1,125,561 189,838 791,233
BOISE CASCADE CP-W/RTS T COM 097383103 26,528 822,586 SH SOLE 638,200 3,143 181,243
BORG WARNER AUTOMOTIVE I COM 099724106 2,314 48,400 SH SOLE 46,300 2,100
BRADLEY REAL ESTATE INC COM 104580105 5,195 286,635 SH SOLE 286,635
BRIGGS & STRATTON CORP COM 109043109 30,232 613,075 SH SOLE 397,400 2,700 212,975
BRISTOL MYERS SQUIBB CO COM 110122108 90,529 1,407,650 SH SOLE 946,816 4,900 455,934
BROWNING-FERRIS INDUSTRI COM 115885105 144,957 3,759,019 SH SOLE 2,294,565 257,510 1,206,944
BRUNSWICK CORP COM 117043109 730 38,320 SH SOLE 36,700 100 1,520
BRUSH WELLMAN INC COM 117421107 6,211 428,350 SH SOLE 326,475 5,750 96,125
BURLINGTON NORTHERN SANT COM 12189T104 121,060 3,682,421 SH SOLE 1,022,414 49,885 2,610,122
C I G N A CORP COM 125509109 1,335,471 15,934,026 SH SOLE 8,361,117 2,136,201 5,436,708
C R BARD INC-W/RTS TO PU COM 067383109 1,054 20,900 SH SOLE 12,250 8,650
CABOT CORP COM 127055101 93,248 4,388,134 SH SOLE 1,925,127 638,233 1,824,774
CADENCE DESIGN SYSTEMS I COM 127387108 2,858 111,005 SH SOLE 105,400 5,605
CADMUS COMMUNICATIONS CO COM 127587103 5,966 415,045 SH SOLE 316,275 10,420 88,350
CALIFORNIA AMPLIFIER INC COM 129900106 769 300,000 SH SOLE 300,000
CANANDAIGUA WINE CO INC- COM 137219200 3,018 59,915 SH SOLE 55,400 4,515
CARNIVAL CRUISE LINES IN COM 143658102 1,734 35,700 SH SOLE 33,800 1,900
CENTEX CORP-W/RTS TO PUR COM 152312104 12,440 372,727 SH SOLE 236,003 2,530 134,194
CENTRAL & SOUTH WEST COR COM 152357109 64,010 2,731,099 SH SOLE 1,325,900 241,263 1,163,936
CENTRAL GARDEN & PET CO COM 153527106 1,274 75,525 SH SOLE 72,900 2,625
CENTRAL VERMONT PUB SVC COM 155771108 10,460 1,039,520 SH SOLE 811,200 27,820 200,500
CENTURA SOFTWARE CORP COM 15640W103 258 250,000 SH SOLE 250,000
CENTURY TELEPHONE ENTERP COM 156686107 1,026 14,600 SH SOLE 11,800 2,800
CERIDIAN CORP COM 15677T106 631 17,270 SH SOLE 13,800 3,470
CHAMPION INTERNATIONAL C COM 158525105 579,349 14,108,966 SH SOLE 7,812,421 1,556,685 4,739,860
CHARMING SHOPPES INC COM 161133103 329 85,000 SH SOLE 85,000
CHASE MANHATTAN CORP NEW COM 16161A108 112,743 1,386,539 SH SOLE 672,572 95,594 618,373
CHEVRON CORP COM 166751107 34,448 389,515 SH SOLE 248,461 6,640 134,414
CHS ELECTRONICS INC NEW COM 12542A206 284 89,075 SH SOLE 86,700 2,375
CHUBB CORP COM 171232101 385,346 6,580,078 SH SOLE 3,848,601 721,928 2,009,549
CINERGY CORP COM 172474108 33,599 1,221,780 SH SOLE 757,585 51,330 412,865
CISCO SYSTEMS INC COM 17275R102 77,632 708,561 SH SOLE 477,004 3,485 228,072
CITIGROUP INC COM 172967101 278,530 4,360,541 SH SOLE 712,754 46,308 3,601,479
CLECO CORP COM 12561M107 21,821 739,685 SH SOLE 606,650 14,495 118,540
CMAC INVESTMENT CORP COM 125662106 3,326 85,275 SH SOLE 67,700 200 17,375
CMP GROUP INC COM 125887109 15,420 839,210 SH SOLE 647,325 23,060 168,825
COCA-COLA CO COM 191216100 89,127 1,452,168 SH SOLE 892,510 6,450 553,208
COLUMBIA/HCA HEALTHCARE COM 197677107 4,878 257,595 SH SOLE 209,235 1,050 47,310
COMDIAL CORP NEW COM 200332302 754 116,000 SH SOLE 116,000
COMERICA INC COM 200340107 1,011 16,200 SH SOLE 16,200
COMPAQ COMPUTER CORP COM 204493100 7,921 249,973 SH SOLE 203,850 3,359 42,764
COMPUSA INC COM 204932107 1,112 158,925 SH SOLE 150,900 350 7,675
COMPUTER ASSOCIATES INTL COM 204912109 3,295 92,642 SH SOLE 85,200 7,442
COMPUTER SCIENCES CORP COM 205363104 4,758 86,220 SH SOLE 81,100 5,120
COMPUWARE CORP COM 205638109 461 19,300 SH SOLE 15,500 3,800
COMSAT CORP-SERIES 1 COM 20564D107 2,675 92,450 SH SOLE 90,650 1,800
CONAGRA INC-W/RTS TO PUR COM 205887102 28,156 1,101,453 SH SOLE 614,300 21,330 465,823
CONMED CORP COM 207410101 3,801 122,605 SH SOLE 118,000 4,605
CONOCO INC COM 208251306 200,837 8,176,555 SH SOLE 3,632,370 1,285,695 3,258,490
CONSECO INC COM 208464107 4,826 156,309 SH SOLE 155,564 458 287
CONSOLIDATED EDISON INC COM 209115104 1,928 42,541 SH SOLE 6,600 1,125 34,816
CONSOLIDATED NATURAL GAS COM 209615103 1,714 35,200 SH SOLE 32,550 2,650
CONSOLIDATED PAPERS INC COM 209759109 195,992 8,340,100 SH SOLE 3,848,542 1,081,750 3,409,808
COOPER INDUSTRIES INC COM 216669101 361,180 8,473,433 SH SOLE 4,488,597 924,430 3,060,406
COOPER TIRE & RUBBER CO COM 216831107 137,592 7,488,025 SH SOLE 3,723,160 999,576 2,765,289
CORDANT TECHNOLOGIES INC COM 218412104 1,213 30,473 SH SOLE 28,800 1,673
CORN PRODUCTS INTERNATIO COM 219023108 20,118 840,445 SH SOLE 685,225 15,925 139,295
CORNING INC COM 219350105 8,098 134,960 SH SOLE 42,075 34,580 58,305
COSTCO COMPANIES INC COM 22160Q102 2,679 29,263 SH SOLE 26,800 2,463
COUNTRYWIDE CREDIT INDS COM 222372104 14,681 391,495 SH SOLE 183,310 2,150 206,035
CROWN CORK & SEAL CO INC COM 228255105 308,774 10,810,480 SH SOLE 5,829,886 1,405,002 3,575,592
CSX CORP COM 126408103 1,224,323 31,443,284 SH SOLE 16,765,866 3,810,591 10,866,827
CUBIC CORP COM 229669106 3,014 184,031 SH SOLE 173,900 3,945 6,186
CUMMINS ENGINE CO INC-W/ COM 231021106 25,983 730,640 SH SOLE 454,775 3,400 272,465
CURTISS-WRIGHT CORP COM 231561101 3,540 113,950 SH SOLE 89,375 1,225 23,350
CYTEC INDUSTRIES INC COM 232820100 14,769 661,899 SH SOLE 526,225 13,950 121,724
D R HORTON INC COM 23331A109 1,853 110,650 SH SOLE 104,100 6,550
DALLAS SEMICONDUCTOR COR COM 235204104 20,695 535,800 SH SOLE 423,350 13,000 99,450
DANA CORP-W/RTS TO PUR P COM 235811106 41,604 1,094,836 SH SOLE 680,765 30,980 383,091
DAYTON-HUDSON CORP-W/RTS COM 239753106 2,694 40,429 SH SOLE 34,234 375 5,820
DEL E WEBB CORP COM 947423109 3,235 149,187 SH SOLE 112,187 1,150 35,850
DELL COMPUTER CORP COM 247025109 45,647 1,116,739 SH SOLE 695,310 4,560 416,869
DELUXE CORP. COM 248019101 2,308 79,250 SH SOLE 67,150 12,100
DILLARDS INC-CL A COM 254067101 227,905 8,981,460 SH SOLE 4,996,841 833,178 3,151,441
DOMINION RESOURCES INC-V COM 257470104 915 24,772 SH SOLE 22,650 2,122
DOW CHEMICAL CO COM 260543103 1,720,416 18,461,874 SH SOLE 9,994,479 2,379,542 6,087,853
DQE INC COM 23329J104 399 10,400 SH SOLE 8,065 1,200 1,135
DUN & BRADSTREET CORP DE COM 26483B106 5,487 154,020 SH SOLE 16,200 100 137,720
E I DU PONT DE NEMOURS & COM 263534109 54,908 945,672 SH SOLE 513,280 50,674 381,718
EASTMAN CHEMICAL CO COM 277432100 419,601 9,975,656 SH SOLE 5,792,967 1,015,033 3,167,656
EATON CORP- WITH RTS TO COM 278058102 280,342 3,920,862 SH SOLE 2,153,415 362,329 1,405,118
ELECTRONIC DATA SYSTEMS COM 285661104 2,020 41,488 SH SOLE 39,200 2,288
ELI LILLY & CO COM 532457108 37,260 438,999 SH SOLE 279,159 1,682 158,158
EMC CORP-MASS COM 268648102 7,125 55,770 SH SOLE 53,600 2,170
EMERSON ELECTRIC CO COM 291011104 4,393 82,991 SH SOLE 46,750 295 35,946
EMPIRE DISTRICT ELECTRIC COM 291641108 8,259 362,030 SH SOLE 278,525 9,605 73,900
ENHANCE FINANCIAL SERVIC COM 293310108 13,417 589,775 SH SOLE 475,725 15,525 98,525
ENZON INC COM 293904108 224 15,200 SH SOLE 15,200
ESCO ELECTRONICS CORP COM 269030201 502 55,745 SH SOLE 54,550 1,195
ESTERLINE CORP COM 297425100 15,297 1,182,415 SH SOLE 976,650 20,295 185,470
EVEREST REINSURANCE HOLD COM 299808105 16,599 532,240 SH SOLE 426,000 12,000 94,240
EXAR CORP COM 300645108 14,152 877,665 SH SOLE 699,200 22,665 155,800
EXECUTIVE RISK INC COM 301586103 1,136 16,000 SH SOLE 16,000
EXIDE CORP COM 302051107 16,862 1,515,685 SH SOLE 1,205,250 40,435 270,000
EXXON CORP COM 302290101 139,301 1,974,152 SH SOLE 1,136,982 8,841 828,329
FAMILY DOLLAR STORES INC COM 307000109 2,695 117,189 SH SOLE 112,660 4,529
FDX CORP COM 31304N107 28,650 308,687 SH SOLE 86,511 57,601 164,575
FEDERAL HOME LOAN MORTGA COM 313400301 66,339 1,161,296 SH SOLE 90,835 10,993 1,059,468
FEDERAL MOGUL CP-W/RTS T COM 313549107 894 20,800 SH SOLE 20,800
FEDERAL NATIONAL MORTGAG COM 313586109 180,675 2,609,032 SH SOLE 1,184,602 101,245 1,323,185
FEDERATED DEPARTMENT STO COM 31410H101 683,291 17,029,051 SH SOLE 8,725,082 2,264,688 6,039,281
FIFTH THIRD BANCORP COM 316773100 14,506 220,000 SH SOLE 220,000
FINLAY ENTERPRISES INC COM 317884203 656 60,680 SH SOLE 58,800 1,880
FIRST UNION CORP COM 337358105 56,287 1,053,319 SH SOLE 504,033 43,562 505,724
FIRSTENERGY CORP COM 337932107 51,471 1,842,346 SH SOLE 1,107,111 104,595 630,640
FLEET FINANCIAL GROUP IN COM 338915101 169,639 4,508,676 SH SOLE 2,818,691 293,032 1,396,953
FLEETWOOD ENTERPRISES IN COM 339099103 10,454 365,200 SH SOLE 279,550 4,150 81,500
FLORIDA PROGRESS CORP COM 341109106 1,005 26,625 SH SOLE 875 25,750
FLUOR CORP COM 343861100 141,970 5,258,137 SH SOLE 2,759,325 592,635 1,906,177
FMC CORP-NEW COM 302491303 158,483 3,209,789 SH SOLE 1,791,160 315,450 1,103,179
FORD MOTOR CO COM 345370100 365,666 6,443,452 SH SOLE 2,926,575 929,033 2,587,844
FORT JAMES CORPORATION COM 347471104 686 21,650 SH SOLE 21,600 50
FOSTER WHEELER CORP COM 350244109 7,938 654,650 SH SOLE 422,200 3,650 228,800
FOUNDATION HEALTH SYSTEM COM 350404109 133,068 10,918,389 SH SOLE 6,610,264 965,948 3,342,177
FPL GROUP INC COM 302571104 925 17,366 SH SOLE 17,366
FURON CO COM 361106107 4,777 378,405 SH SOLE 291,425 11,455 75,525
GANNETT CO INC COM 364730101 1,630 25,875 SH SOLE 5,950 19,925
GATX CORP COM 361448103 1,734 52,645 SH SOLE 50,400 2,245
GENERAL ELECTRIC CO COM 369604103 414,718 3,748,863 SH SOLE 1,420,349 28,453 2,300,061
GENERAL MAGIC INC COM 370253106 276 76,000 SH SOLE 76,000
GENERAL MOTORS CORP COM 370442105 36,866 424,360 SH SOLE 218,016 955 205,389
GENERAL SEMICONDUCTOR CO COM 370787103 15,940 2,198,650 SH SOLE 1,782,650 50,300 365,700
GENUINE PARTS CO COM 372460105 127,503 4,425,257 SH SOLE 2,349,399 467,978 1,607,880
GEO A HORMEL & CO COM 440452100 29,228 820,440 SH SOLE 372,075 120,142 328,223
GEON CO COM 37246W105 569 25,000 SH SOLE 25,000
GEORGIA PACIFIC CORP COM 373298108 5,206 70,120 SH SOLE 25,750 18,572 25,798
GILLETTE CO-W/RTS TO PUR COM 375766102 7,310 122,989 SH SOLE 55,575 50 67,364
GOLDEN STATE BANCORP INC COM 381197102 972 43,682 SH SOLE 43,682
GOLDEN WEST FINL CORP-DE COM 381317106 121,708 1,274,433 SH SOLE 698,114 130,009 446,310
GOODYEAR TIRE & RUBBER C COM 382550101 933,070 18,731,650 SH SOLE 10,216,551 2,160,117 6,354,982
GPU INC COM 36225X100 34,726 930,683 SH SOLE 712,900 4,200 213,583
GREAT LAKES CHEMICAL COR COM 390568103 11,311 307,785 SH SOLE 199,700 3,545 104,540
GT INTERACTIVE SOFTWARE COM 36236E109 231 50,000 SH SOLE 50,000
GTE CORP COM 362320103 58,091 960,177 SH SOLE 698,671 10,893 250,613
GUILFORD MILLS INC COM 401794102 4,087 467,050 SH SOLE 354,650 11,650 100,750
GULFSTREAM AEROSPACE COR COM 402734107 1,884 43,442 SH SOLE 41,450 1,992
GYMBOREE CORP COM 403777105 561 62,800 SH SOLE 62,800
H J HEINZ CO COM 423074103 20,133 424,974 SH SOLE 184,874 900 239,200
HANNAFORD BROS CO COM 410550107 101,061 2,224,176 SH SOLE 22,800 2,201,376
HARLEYSVILLE GROUP INC COM 412824104 15,353 792,410 SH SOLE 637,600 16,985 137,825
HARMAN INTERNATIONAL COM 413086109 24,051 654,460 SH SOLE 529,975 12,285 112,200
HARNISCHFEGER INDS INC COM 413345109 11,663 2,050,701 SH SOLE 1,537,690 32,100 480,911
HARRAHS ENTERTAINMENT IN COM 413619107 40,701 2,135,150 SH SOLE 1,297,800 8,600 828,750
HARRIS CORP-W/RTS TO PUR COM 413875105 20,046 700,300 SH SOLE 18,500 681,800
HARTFORD FINANCIAL SERVI COM 416515104 14,872 261,774 SH SOLE 50,630 211,144
HARTFORD LIFE INC-CL A COM 416592103 3,309 60,170 SH SOLE 55,600 4,570
HASBRO INC COM 418056107 17,803 615,212 SH SOLE 256,037 359,175
HCR MANOR CARE INC COM 404134108 6,885 301,800 SH SOLE 205,700 96,100
HEALTHSOUTH REHABILITATI COM 421924101 7,546 727,370 SH SOLE 488,100 239,270
HELMERICH & PAYNE INC-W/ COM 423452101 15,465 681,650 SH SOLE 364,350 3,800 313,500
HERCULES INC COM 427056106 6,297 249,368 SH SOLE 49,225 2,585 197,558
HERSHEY FOODS CORP COM 427866108 672 12,000 SH SOLE 12,000
HEWLETT PACKARD CO COM 428236103 85,820 1,265,548 SH SOLE 826,675 10,434 428,439
HEXCEL CORP NEW COM 428291108 10,754 1,522,705 SH SOLE 1,230,670 29,985 262,050
HIBERNIA CORP-CL A COM 428656102 308 23,500 SH SOLE 23,500
HOLLINGER INTERNATIONAL COM 435569108 4,062 299,470 SH SOLE 296,800 2,670
HOME DEPOT INC COM 437076102 17,262 277,299 SH SOLE 221,870 550 54,879
HONEYWELL INC-W/RTS TO P COM 438506107 3,328 43,900 SH SOLE 38,150 5,750
HOUSEHOLD INTERNATIONAL COM 441815107 9,278 203,364 SH SOLE 188,744 14,620
HUMANA INC COM 444859102 1,715 99,415 SH SOLE 22,725 2,100 74,590
HUSSMAN INTERNATIONAL IN COM 448110106 23,436 1,595,656 SH SOLE 1,284,900 36,587 274,169
HUTCHINSON TECHNOLOGY IN COM 448407106 17,449 701,480 SH SOLE 558,275 17,455 125,750
IBP INC COM 449223106 2,415 129,641 SH SOLE 29,800 1,411 98,430
IDACORP INC COM 451107106 17,486 595,275 SH SOLE 481,400 13,000 100,875
INAMED CORP COM 453235103 239 18,000 SH SOLE 18,000
INGRAM MICRO INC-CL A COM 457153104 11,747 514,955 SH SOLE 481,000 33,955
INPRISE CORP COM 45766C102 391 101,000 SH SOLE 101,000
INTEL CORP COM 458140100 125,678 1,055,009 SH SOLE 691,770 7,691 355,548
INTERGRAPH CORP COM 458683109 508 75,234 SH SOLE 75,234
INTERNATIONAL PAPER CO-W COM 460146103 858,623 20,352,538 SH SOLE 11,874,664 1,983,649 6,494,225
INTERSTATE ENERGY CORP-W COM 460845100 21,190 799,633 SH SOLE 636,541 18,251 144,841
INTL BUSINESS MACHINES C COM 459200101 985,455 5,559,692 SH SOLE 2,520,716 845,358 2,193,618
INTL FLAVORS & FRAGRANCE COM 459506101 12,696 338,000 SH SOLE 234,100 5,980 97,920
INVESTORS FINANCIAL SERV COM 461915100 579 20,150 SH SOLE 20,150
ITT INDUSTRIES INC COM 450911102 7,005 198,010 SH SOLE 107,400 3,347 87,263
J C PENNEY CO INC-W/RTS COM 708160106 951,404 23,491,445 SH SOLE 11,778,194 3,092,792 8,620,459
J P MORGAN & CO INC COM 616880100 74,677 605,287 SH SOLE 354,905 5,724 244,658
JAN BELL MARKETING INC COM 470760109 1,281 276,975 SH SOLE 270,000 6,975
JOHNSON & JOHNSON COM 478160104 266,673 2,846,407 SH SOLE 1,679,706 93,507 1,073,194
JUSTIN INDUSTRIES INC W/ COM 482171105 6,904 627,615 SH SOLE 503,000 15,965 108,650
KAISER ALUMINUM CORP COM 483007100 14,081 2,589,595 SH SOLE 2,071,700 46,845 471,050
KAMAN CORP CLASS A COM 483548103 14,712 1,148,282 SH SOLE 933,200 24,949 190,133
KAUFMAN & BROAD HOME COR COM 486168107 1,429 63,327 SH SOLE 59,470 600 3,257
KELLWOOD CO COM 488044108 15,048 682,080 SH SOLE 540,575 16,505 125,000
KERR MCGEE CORP-W/RTS TO COM 492386107 6,258 190,718 SH SOLE 72,950 117,768
KEYCORP NEW COM 493267108 26,535 875,382 SH SOLE 374,746 7,545 493,091
KIMBERLY CLARK CORP COM 494368103 15,101 315,018 SH SOLE 200,275 32,156 82,587
KIMCO REALTY CORP-DEP SH PFD 49446R604 722 28,800 SH SOLE 28,800
KIMCO REALTY CORP-DEP SH PFD 49446R307 1,048 45,200 SH SOLE 45,200
KNIGHT-RIDDER INC COM 499040103 4,200 84,000 SH SOLE 30,500 53,500
LANDAMERICA FINANCIAL GR COM 514936103 1,219 42,035 SH SOLE 40,600 1,435
LEHMAN BROTHERS HOLDINGS COM 524908100 638 10,670 SH SOLE 10,670
LEXMARK INTERNATIONAL GR COM 529771107 2,225 19,911 SH SOLE 19,911
LILLIAN VERNON CORP COM 532430105 4,135 344,588 SH SOLE 296,700 12,510 35,378
LIMITED INC COM 532716107 828 20,884 SH SOLE 4,307 16,577
LINCOLN NATIONAL CORP-W/ COM 534187109 71,771 725,873 SH SOLE 450,845 26,270 248,758
LITTON INDUSTRIES INC COM 538021106 229,434 3,990,150 SH SOLE 2,415,620 333,121 1,241,409
LOCKHEED MARTIN CORP COM 539830109 46,336 1,229,491 SH SOLE 819,578 6,936 402,977
LOEWS CORP COM 540424108 9,139 122,470 SH SOLE 97,150 1,850 23,470
LSI LOGIC CORP-W/RTS TO COM 502161102 996 31,945 SH SOLE 31,945
LUBRIZOL CORP COM 549271104 162,461 7,220,473 SH SOLE 3,962,510 899,621 2,358,342
LUCENT TECHNOLOGIES INC COM 549463107 63,622 590,455 SH SOLE 373,570 3,615 213,270
LYONDELL PETROCHEMICAL C COM 552078107 106,510 7,781,579 SH SOLE 4,847,190 535,257 2,399,132
M & F WORLDWIDE CORP COM 552541104 1,178 168,269 SH SOLE 163,700 4,569
MALLINCKRODT INC (NEW) COM 561232109 33,548 1,260,033 SH SOLE 827,983 5,800 426,250
MARK IV INDUSTRIES INC COM 570387100 16,100 1,232,500 SH SOLE 1,003,850 29,900 198,750
MARSHALL INDUSTRIES COM 572393106 6,980 517,035 SH SOLE 415,075 10,110 91,850
MASCO CORP COM 574599106 480 16,990 SH SOLE 9,300 7,690
MATTEL INC-W/RTS TO PUR COM 577081102 6,487 260,766 SH SOLE 210,025 29,080 21,661
MAXXIM MEDICAL INC COM 57777G105 2,056 108,930 SH SOLE 103,400 5,530
MAY DEPARTMENT STORES CO COM 577778103 352,846 9,018,433 SH SOLE 5,438,910 810,851 2,768,672
MAYTAG CO-W/RTS TO PUR C COM 578592107 1,769 29,297 SH SOLE 5,580 23,717
MBIA INC COM 55262C100 309,583 5,337,633 SH SOLE 2,805,043 586,467 1,946,123
MBNA CORP COM 55262L100 1,574 65,917 SH SOLE 27,750 38,167
MCCLATCHY NEWSPAPERS INC COM 579489105 2,830 84,310 SH SOLE 83,000 1,310
MCDONALDS CORP- W/RTS TO COM 580135101 605 13,350 SH SOLE 4,200 600 8,550
MCI WORLDCOM INC COM 55268B106 94,193 1,063,580 SH SOLE 665,870 3,852 393,858
MEAD CORP-W/RTS TO PUR C COM 582834107 296,616 9,646,063 SH SOLE 5,571,285 972,816 3,101,962
MERCK & CO INC COM 589331107 119,355 1,488,447 SH SOLE 932,318 7,700 548,429
MERRILL LYNCH & CO INC COM 590188108 1,742 19,695 SH SOLE 195 19,500
METRIS COMPANIES INC COM 591598107 3,122 77,317 SH SOLE 73,093 4,224
MGIC INVESTMENT CORP-WIS COM 552848103 48,858 1,393,465 SH SOLE 862,850 5,000 525,615
MICHAEL FOODS INC NEW COM 594079105 18,556 973,439 SH SOLE 782,995 21,365 169,079
MICROAGE INC COM 594928103 6,183 1,150,295 SH SOLE 921,700 25,995 202,600
MICRON TECHNOLOGY INC COM 595112103 618 12,815 SH SOLE 6,100 200 6,515
MICROSOFT CORP COM 594918104 303,512 3,386,470 SH SOLE 2,153,170 15,150 1,218,150
MIDAS INC COM 595626102 2,394 71,720 SH SOLE 65,900 5,820
MINNESOTA MINING & MFG C COM 604059105 81,194 1,147,622 SH SOLE 367,794 58,172 721,656
MOBIL CORP COM 607059102 135,731 1,542,393 SH SOLE 798,094 125,536 618,763
MOHAWK INDUSTRIES INC COM 608190104 1,519 50,630 SH SOLE 49,200 1,430
MOOG INC CL A COM 615394202 17,046 558,875 SH SOLE 450,625 12,400 95,850
MORGAN STANLEY DEAN WITT COM 617446448 8,882 88,875 SH SOLE 62,995 66 25,814
MORTON INTERNATIONAL INC COM 619335102 697 18,960 SH SOLE 5,500 1,525 11,935
MOTOROLA INC COM 620076109 7,317 99,890 SH SOLE 77,980 21,910
MOVADO GROUP INC COM 624580106 6,383 255,335 SH SOLE 244,045 11,290
NALCO CHEMICAL CO-W/RTS COM 629853102 211,847 7,975,426 SH SOLE 4,511,012 802,442 2,661,972
NATIONAL CITY CORP COM 635405103 22,944 345,672 SH SOLE 185,760 11,237 148,675
NATIONAL SEMICONDUCTOR C COM 637640103 91,508 9,826,344 SH SOLE 4,996,005 1,447,767 3,382,572
NATIONAL SERVICE INDS IN COM 637657107 21,269 624,400 SH SOLE 305,200 2,100 317,100
NETMANAGE INC COM 641144100 392 162,800 SH SOLE 162,800
NETWORK EQUIPMENT TECHNO COM 641208103 650 72,771 SH SOLE 72,771
NEVADA POWER CO COM 641423108 5,313 214,650 SH SOLE 203,900 2,200 8,550
NEWELL RUBBERMAID INC COM 651229106 7,490 157,687 SH SOLE 10,641 147,046
NORFOLK SOUTHERN CORP COM 655844108 374,229 14,188,785 SH SOLE 7,891,616 1,550,108 4,747,061
NORTHROP CORP COM 666807102 40,298 673,038 SH SOLE 439,125 3,150 230,763
NOVACARE INC COM 669930109 992 566,800 SH SOLE 548,900 17,900
NUCOR CORP COM 670346105 33,954 770,595 SH SOLE 321,965 63,045 385,585
NVR INC COM 62944T105 15,738 373,602 SH SOLE 294,300 10,315 68,987
OCCIDENTAL PETROLEUM COR COM 674599105 510,500 28,361,129 SH SOLE 14,613,076 3,809,383 9,938,670
OFFICE DEPOT INC COM 676220106 2,612 70,958 SH SOLE 64,850 6,108
OHIO CASUALTY CORP COM 677240103 3,277 84,034 SH SOLE 1,300 35,796 46,938
OLD REPUBLIC INTERNATION COM 680223104 186,166 10,200,872 SH SOLE 4,227,359 1,404,007 4,569,506
ONEIDA LTD COM 682505102 14,967 880,392 SH SOLE 704,258 19,055 157,079
ORGANOGENESIS INC COM 685906109 208 18,012 SH SOLE 18,012
OSHKOSH TRUCK CORP CL B COM 688239201 21,936 674,950 SH SOLE 562,100 16,550 96,300
OWENS CORNING COM 69073F103 161,418 5,074,049 SH SOLE 2,663,077 706,064 1,704,908
P N C FINANCIAL CORP COM 693475105 45,748 823,358 SH SOLE 504,950 35,353 283,055
P P & L RESOURCES INC COM 693499105 8,524 344,414 SH SOLE 203,350 141,064
PACCAR INC -DEL- COM 693718108 29,522 716,760 SH SOLE 431,675 3,650 281,435
PACIFICARE HEALTH SYSTEM COM 695112201 271,472 3,977,612 SH SOLE 2,186,938 432,633 1,358,041
PACIFICORP COM 695114108 9,062 525,306 SH SOLE 144,900 15,390 365,016
PAINE WEBBER GROUP INC COM 695629105 819 20,550 SH SOLE 20,550
PARKER-HANNIFIN CORP COM 701094104 1,444 42,160 SH SOLE 32,050 1,200 8,910
PATINA OIL & GAS CORP COM 703224105 3,187 796,865 SH SOLE 632,400 22,865 141,600
PENN ENGINEERING & MFG C COM 707389300 12,296 647,135 SH SOLE 536,550 15,635 94,950
PEPSICO INC-NORTH CAROLI COM 713448108 28,304 722,274 SH SOLE 493,566 4,650 224,058
PFIZER INC COM 717081103 103,188 743,695 SH SOLE 472,922 2,975 267,798
PG&E CORP COM 69331C108 583,212 18,775,434 SH SOLE 11,077,220 2,233,008 5,465,206
PHARMACIA & UPJOHN INC COM 716941109 21,044 337,371 SH SOLE 263,300 1,986 72,085
PHILIP MORRIS COS INC COM 718154107 814,558 23,149,062 SH SOLE 11,832,963 3,103,534 8,212,565
PHILLIPS PETROLEUM CO-W/ COM 718507106 637,359 13,489,075 SH SOLE 7,700,120 1,343,495 4,445,460
PHOENIX TECHNOLOGIES LTD COM 719153108 14,685 1,727,700 SH SOLE 1,382,400 43,150 302,150
PICTURETEL CORP NEW COM 720035302 280 40,000 SH SOLE 40,000
PILLOWTEX CORP COM 721501104 1,196 84,330 SH SOLE 79,900 4,430
PITNEY BOWES INC-W/RTS T COM 724479100 88,448 1,387,424 SH SOLE 24,700 1,362,724
PLAYTEX PRODUCTS INC COM 72813P100 1,723 113,901 SH SOLE 113,901
POTLATCH CORP COM 737628107 13,333 392,879 SH SOLE 189,650 400 202,829
POTOMAC ELECTRIC POWER C COM 737679100 22,034 950,247 SH SOLE 678,075 19,485 252,687
PPG INDUSTRIES INC-W/RTS COM 693506107 1,537 29,997 SH SOLE 24,900 200 4,897
PRAXAIR INC COM 74005P104 603,265 16,728,314 SH SOLE 8,518,990 2,117,140 6,092,184
PRIORITY HEALTHCARE CORP COM 74264T102 1,159 25,610 SH SOLE 24,610 1,000
PROCTER & GAMBLE CO COM 742718109 59,312 605,607 SH SOLE 387,482 3,225 214,900
PROVIDENT COMPANIES INC COM 743862104 38,782 1,122,084 SH SOLE 863,900 13,470 244,714
PUBLIC SVC CO OF NEW MEX COM 744499104 14,422 848,341 SH SOLE 677,425 18,700 152,216
PUGET SOUND ENERGY INC COM 745332106 180,018 7,805,666 SH SOLE 4,402,543 880,337 2,522,786
PULTE CORP COM 745867101 14,885 715,195 SH SOLE 500,650 11,015 203,530
QUAKER OATS CO COM 747402105 1,693 27,055 SH SOLE 27,055
QUANTUM CORP COM 747906105 440,165 24,453,633 SH SOLE 13,812,776 2,814,714 7,826,143
QUORUM HEALTH GROUP INC COM 749084109 6,498 649,775 SH SOLE 609,125 40,650
R R DONNELLEY & SONS CO COM 257867101 1,197 37,175 SH SOLE 37,175
RAYCHEM CORP COM 754603108 18,515 820,600 SH SOLE 655,050 1,500 164,050
RAYONIER INC COM 754907103 16,166 403,524 SH SOLE 328,375 9,487 65,662
RAYTHEON CO-CL B COM 755111408 34,255 584,307 SH SOLE 486,150 5,800 92,357
REEBOK INTL LTD COM 758110100 10,494 661,025 SH SOLE 366,450 3,200 291,375
RELIANCE STEEL & ALUMINU COM 759509102 8,277 287,265 SH SOLE 234,100 6,050 47,115
RELIANT ENERGY INC COM 75952J108 956 36,674 SH SOLE 36,674
RENTAL SERVICE CORP COM 76009V102 1,134 64,800 SH SOLE 63,800 1,000
REPUBLIC NEW YORK CORP COM 760719104 461,770 10,011,281 SH SOLE 5,114,468 1,265,496 3,631,317
REYNOLDS METALS CO COM 761763101 103,877 2,150,106 SH SOLE 1,180,253 244,772 725,081
RIBI IMMUNOCHEM RESEARCH COM 762553105 633 375,000 SH SOLE 375,000
RJR NABISCO HOLDINGS COR COM 74960K876 365,667 14,626,689 SH SOLE 8,278,079 1,689,902 4,658,708
ROBOTIC VISION SYSTEMS I COM 771074101 463 200,000 SH SOLE 200,000
ROCK-TENN CO-CL A COM 772739207 11,782 766,300 SH SOLE 613,700 18,050 134,550
ROCKWELL INTERNATIONAL C COM 773903109 1,057 24,913 SH SOLE 15,250 9,663
ROSS STORES INC COM 778296103 12,296 280,659 SH SOLE 261,300 19,359
RUSS BERRIE & CO INC COM 782233100 20,458 783,070 SH SOLE 624,200 17,820 141,050
RUSSELL CORP COM 782352108 31,626 1,571,480 SH SOLE 1,065,075 20,880 485,525
RYDER SYSTEM INC-W/RTS T COM 783549108 170,288 6,164,287 SH SOLE 3,530,997 616,251 2,017,039
RYERSON TULL INC-NEW COM 78375P107 26,591 1,810,419 SH SOLE 638,198 22,123 1,150,098
SAFECO CORP COM 786429100 86,886 2,148,650 SH SOLE 1,229,199 181,368 738,083
SAFEWAY INC COM 786514208 523 10,195 SH SOLE 8,150 2,045
SAKS INC COM 79377W108 312 12,000 SH SOLE 12,000
SARA LEE CORP COM 803111103 1,883 76,100 SH SOLE 7,600 68,500
SBC COMMUNICATIONS INC COM 78387G103 51,057 1,083,446 SH SOLE 635,943 3,900 443,603
SCHERING PLOUGH CORP COM 806605101 21,607 390,630 SH SOLE 305,175 1,224 84,231
SCHULER HOMES INC COM 808188106 4,756 792,743 SH SOLE 617,625 30,118 145,000
SCHWEITZER MAUDUIT INTL COM 808541106 10,837 942,385 SH SOLE 760,500 18,910 162,975
SCI SYSTEMS INC COM 783890106 351 11,850 SH SOLE 3,800 1,055 6,995
SCOTTS CO-CL A COM 810186106 6,561 175,545 SH SOLE 170,050 5,495
SEAGATE TECHNOLOGY COM 811804103 45,756 1,547,769 SH SOLE 973,255 9,540 564,974
SEARS ROEBUCK & CO COM 812387108 1,386,080 30,673,979 SH SOLE 16,660,029 3,886,787 10,127,163
SEMTECH CORP COM 816850101 1,370 42,965 SH SOLE 38,400 4,565
SERVICEMASTER CO [THE] COM 81760N109 485 23,890 SH SOLE 18,675 5,215
SHARED MEDICAL SYSTEMS C COM 819486101 13,151 236,150 SH SOLE 105,625 1,850 128,675
SHOPKO STORES INC COM 824911101 2,171 72,685 SH SOLE 69,200 3,485
SIERRA HEALTH SERVICES I COM 826322109 11,294 868,802 SH SOLE 689,912 17,040 161,850
SIGMA-ALDRICH CORP COM 826552101 27,641 944,998 SH SOLE 554,350 1,948 388,700
SILICON VALLEY BANCSHARE COM 827064106 16,057 776,150 SH SOLE 621,900 18,400 135,850
SILICON VALLEY GROUP INC COM 827066101 13,195 1,071,700 SH SOLE 858,850 25,550 187,300
SMART MODULAR TECHNOLOGI COM 831690102 2,458 164,525 SH SOLE 160,000 4,525
SMURFIT-STONE CONTAINER COM 832727101 46,535 2,409,555 SH SOLE 1,390,317 197,127 822,111
SNAP-ON TOOLS CORP COM 833034101 3,420 117,925 SH SOLE 96,475 21,450
SOLUTIA INC COM 834376105 2,094 120,544 SH SOLE 119,000 1,544
SONOCO PRODUCTS CO COM 835495102 32,395 1,408,476 SH SOLE 163,430 331,827 913,219
SOUTHERN CO COM 842587107 12,298 527,533 SH SOLE 381,458 5,400 140,675
SOUTHWESTERN ENERGY CO COM 845467109 12,399 1,755,555 SH SOLE 1,386,900 36,355 332,300
SPRINT CORP COM 852061100 6,819 69,495 SH SOLE 56,575 12,920
ST PAUL COMPANIES INC COM 792860108 656,076 21,121,150 SH SOLE 11,621,549 2,518,247 6,981,354
STANLEY WORKS-W/RTS TO P COM 854616109 1,892 73,850 SH SOLE 52,000 21,850
SUMMIT BANCORP COM 866005101 1,041 26,683 SH SOLE 1,850 24,833
SUN MICROSYSTEMS INC COM 866810104 90,009 720,432 SH SOLE 374,950 34,457 311,025
SUNOCO INC COM 86764P109 51,059 1,415,854 SH SOLE 770,844 67,190 577,820
SUNTRUST BANKS INC COM 867914103 1,384 22,235 SH SOLE 22,000 235
SUPERTEX INC COM 868532102 5,231 498,150 SH SOLE 402,950 10,550 84,650
SUPERVALU INC COM 868536103 149,294 7,238,492 SH SOLE 3,651,154 982,067 2,605,271
SYBASE INC COM 871130100 397 50,000 SH SOLE 50,000
SYMANTEC CORP COM 871503108 3,047 179,875 SH SOLE 171,900 7,975
TECH DATA CORP COM 878237106 111,166 4,846,455 SH SOLE 2,592,602 534,493 1,719,360
TEKTRONIX INC COM 879131100 15,170 600,800 SH SOLE 484,350 12,300 104,150
TEMPLE-INLAND INC COM 879868107 310,495 4,948,135 SH SOLE 2,933,863 437,717 1,576,555
TENET HEALTHCARE CORP COM 88033G100 83,428 4,405,429 SH SOLE 3,040,043 187,565 1,177,821
TENNECO INC NEW COM 88037E101 283 10,127 SH SOLE 4,900 1,600 3,627
TERADYNE INC COM 880770102 53,817 986,333 SH SOLE 136,780 306,646 542,907
TESORO PETROLEUM CORP COM 881609101 5,927 538,850 SH SOLE 442,850 10,300 85,700
TEXACO INC W/RTS TO PUR COM 881694103 11,589 204,204 SH SOLE 99,466 2,300 102,438
TEXAS BIOTECHNOLOGY CORP COM 88221T104 883 188,290 SH SOLE 188,290
TEXTRON INC-W/RTS TO PUR COM 883203101 1,881 24,316 SH SOLE 10,400 150 13,766
THOMAS & BETTS CORP COM 884315102 36,957 983,885 SH SOLE 482,571 112,310 389,004
TIME WARNER INC COM 887315109 2,526 35,541 SH SOLE 17,700 176 17,665
TJX COMPANIES INC NEW COM 872540109 7,417 218,159 SH SOLE 199,704 18,455
TORCHMARK CORP COM 891027104 5,520 174,530 SH SOLE 122,900 11,410 40,220
TOYS R US COM 892335100 53,605 2,849,435 SH SOLE 1,766,959 6,250 1,076,226
TRANSAMERICA CORP-W/RTS COM 893485102 2,210 31,124 SH SOLE 31,000 124
TRANSMEDIA NETWORK INC N COM 893767301 356 91,836 SH SOLE 91,836
TRAVELERS PROPERTY CASUA COM 893939108 4,215 117,900 SH SOLE 26,900 1,000 90,000
TRIGON HEALTHCARE INC COM 89618L100 15,692 458,155 SH SOLE 434,550 23,605
TRW INC-W/RTS TO PUR COM COM 872649108 16,015 351,981 SH SOLE 232,150 500 119,331
TYCO INTERNATIONAL LTD N COM 902124106 1,055 14,705 SH SOLE 14,705
TYSON FOODS INC CL A COM 902494103 60,521 2,925,480 SH SOLE 1,328,790 404,705 1,191,985
U S BIOSCIENCE INC NEW COM 911646206 839 77,147 SH SOLE 77,147
U S WEST INC NEW COM 91273H101 55,874 1,014,729 SH SOLE 552,303 2,377 460,049
ULTRAMAR DIAMOND SHAMROC COM 904000106 2,503 115,740 SH SOLE 24,600 91,140
UNICOM CORP COM 904911104 347,573 9,506,260 SH SOLE 5,589,139 1,056,628 2,860,493
UNION CAMP CORP-W/RTS TO COM 905530101 470,787 7,013,588 SH SOLE 3,776,304 795,037 2,442,247
UNION CARBIDE CORP COM 905581104 852,971 18,876,269 SH SOLE 10,126,950 2,327,241 6,422,078
UNION PACIFIC CORP COM 907818108 283,777 5,310,441 SH SOLE 3,369,330 513,112 1,427,999
UNION PACIFIC RESOURCES COM 907834105 25,493 2,146,799 SH SOLE 1,484,715 4,300 657,784
UNIONBANCAL CORP COM 908906100 753 22,111 SH SOLE 22,111
UNISYS CORP COM 909214108 2,708 97,803 SH SOLE 91,900 5,903
UNITED HEALTHCARE CORP COM 910581107 75,010 1,425,364 SH SOLE 70,834 164,781 1,189,749
UNITED STATIONERS INC COM 913004107 1,033 67,750 SH SOLE 62,800 4,950
UNITRIN INC COM 913275103 1,281 41,000 SH SOLE 41,000
UNIVERSAL CORP-VA COM 913456109 2,130 83,340 SH SOLE 79,700 3,640
UNIVERSAL HEALTH SERVICE COM 913903100 6,577 152,070 SH SOLE 143,500 8,570
UNOCAL CORP COM 915289102 25,934 704,482 SH SOLE 442,418 68,440 193,624
UNOVA INC COM 91529B106 1,020 77,310 SH SOLE 74,200 3,110
UNUM CORP COM 903192102 9,958 209,358 SH SOLE 133,550 500 75,308
URS CORP NEW COM 903236107 2,595 143,665 SH SOLE 138,800 4,865
UST INC COM 902911106 284 10,860 SH SOLE 5,600 5,260
V F CORP COM 918204108 469,447 9,948,541 SH SOLE 5,613,441 1,254,024 3,081,076
VALERO ENERGY CORP NEW COM 91913Y100 19,667 790,650 SH SOLE 646,050 14,645 129,955
VARLEN CORP COM 922248109 1,804 81,987 SH SOLE 77,000 4,987
VIDEOSERVER INC COM 926918103 581 75,000 SH SOLE 75,000
VULCAN MATERIALS CO COM 929160109 32,220 779,907 SH SOLE 15,300 764,607
WACHOVIA CORP NEW COM 929771103 1,177 14,500 SH SOLE 14,200 300
WAL-MART STORES INC COM 931142103 122,256 1,326,172 SH SOLE 840,340 6,280 479,552
WALT DISNEY CO COM 254687106 37,277 1,197,667 SH SOLE 336,075 4,575 857,017
WARNER-LAMBERT CO COM 934488107 1,606 24,258 SH SOLE 10,825 100 13,333
WASHINGTON FEDERAL INC COM 938824109 15,842 754,372 SH SOLE 606,285 15,647 132,440
WASHINGTON MUTUAL INC COM 939322103 9,274 226,882 SH SOLE 104,444 740 121,698
WASTE MANAGEMENT INC DEL COM 94106L109 6,910 155,724 SH SOLE 46,300 109,424
WELLMAN INC COM 949702104 11,869 1,337,331 SH SOLE 1,063,400 35,425 238,506
WELLPOINT HEALTH NETWORK COM 94973H108 14,939 197,051 SH SOLE 188,000 9,051
WELLS FARGO & CO-NEW COM 949746101 12,505 356,641 SH SOLE 149,175 3,076 204,390
WENDYS INTERNATIONAL INC COM 950590109 337 11,858 SH SOLE 4,000 7,858
WESTVACO CORP COM 961548104 271,120 12,910,493 SH SOLE 6,815,910 1,415,239 4,679,344
WEYERHAEUSER CO COM 962166104 15,088 271,850 SH SOLE 195,050 3,400 73,400
WHIRLPOOL CORP COM 963320106 408,148 7,506,162 SH SOLE 3,896,605 872,740 2,736,817
WILLAMETTE INDUSTRIES IN COM 969133107 229,048 6,067,498 SH SOLE 3,333,669 741,110 1,992,719
WILLIAMS COS-W/RTS TO PU COM 969457100 603 15,265 SH SOLE 6,032 499 8,734
WISCONSIN ENERGY CORP COM 976657106 228,160 8,733,407 SH SOLE 4,545,543 1,151,565 3,036,299
WITCO CORP COM 977385103 8,796 693,260 SH SOLE 512,800 20,570 159,890
WORTHINGTON INDUSTRIES I COM 981811102 1,090 92,750 SH SOLE 92,750
WPS RESOURCES CORP COM 92931B106 18,875 639,820 SH SOLE 520,025 14,145 105,650
WYMAN-GORDON CO COM 983085101 9,317 1,007,260 SH SOLE 801,650 11,360 194,250
XEROX CORP COM 984121103 9,248 173,260 SH SOLE 157,300 15,960
XL CAPITAL LTD-CL A COM G98255105 2,077 34,196 SH SOLE 33,800 396
3DO CO COM 88553W105 401 75,000 SH SOLE 75,000
</TABLE>
* Shares owned by Sanford C. Bernstein and Co., Inc. clients who have appointed
an independent voting agent with instructions to vote shares in the same
manner as Sanford C. Bernstein and Co., Inc.
