UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 3-31-99
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: Columbia Funds Management Company
Address: 1300 S.W. Sixth, P.O. Box 1350
Portland, OR 97207
Form 13F File Number: 28-_____________
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: Jeff B. Curtis
Title: Senior Vice President
Phone: (503) 795-6441
JEFF B. CURTIS Portland, OR May 12, 1999
--------------------------------
Jeff B. Curtis
<PAGE>
Report Type (Check only one.):
[ ] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report, and
all holdings are reported by other reporting manager(s).)
[ X ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported
by other reporting manager(s).)
List of Other Managers Reporting for this Manager:
(If there are no entries in this list, omit this section)
Form 13F File Number Name
- -------------------- ----
28- Columbia Trust Company
2
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Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 2
Form 13F Information Table Entry Total: 273
Form 13F Information Table Value Total: $4,344,613
----------
(thousands)
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.
No. Form 13F File Number Name
- --- -------------------- ----
01 28-452 Fleet Financial Group, Inc.
02 28-453 Fleet National Bank
3
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<TABLE>
<CAPTION>
SH/P AMT
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE(K) S/P P/C INV DSC MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AT&T CORP COMMON 1957109 52434 656965 SH DEFINED 01,02 656965 0 0
AT&T LIBERTY MEDIA GROUP COM 1957208 42201 802448 SH DEFINED 01,02 802448 0 0
ABERCROMBIE & FITCH CO CL A 2896207 69015 748134 SH DEFINED 01,02 748134 0 0
ACTION PERFORMANCE COS COMMON 4933107 1169 38800 SH DEFINED 01,02 38800 0 0
ACXIOM CORP COMMON 5125109 3055 115300 SH DEFINED 01,02 115300 0 0
AIRTOUCH COMMUNICATNS COMMON 00949T100 34051 352400 SH DEFINED 01,02 352400 0 0
ALEXANDRIA REAL ESTATE E COMMON 15271109 3952 149500 SH DEFINED 01,02 149500 0 0
ALLSTATE CORP COMMON 20002101 20681 558000 SH DEFINED 01,02 558000 0 0
ALLTEL CORP COMMON 20039103 40388 647500 SH DEFINED 01,02 647500 0 0
ALTERA CORP COMMON 21441100 14875 250000 SH DEFINED 01,02 250000 0 0
AMAZON COM INC COMMON 23135106 4374 25400 SH DEFINED 01,02 25400 0 0
AMBASSADORS INTL INC COMMON 23178106 469 29000 SH DEFINED 01,02 29000 0 0
AMERICA ONLINE INC DEL COMMON 02364J104 71266 484800 SH DEFINED 01,02 484800 0 0
AMERICAN EXPRESS CO COMMON 25816109 11881 100900 SH DEFINED 01,02 100900 0 0
AMERICAN GENERAL CORP COMMON 26351106 17047 241800 SH DEFINED 01,02 241800 0 0
AMERICAN HOME PRODS CORP COMMON 26609107 48402 741800 SH DEFINED 01,02 741800 0 0
AMERICAN INTL GROUP INC COMMON 26874107 32790 271837 SH DEFINED 01,02 271837 0 0
AMERICAN MGMT SYS INC COMMON 27352103 2505 73400 SH DEFINED 01,02 73400 0 0
AMERICAN ONCOLOGY RES COMMON 28910107 3384 376000 SH DEFINED 01,02 376000 0 0
AMERICAN PWR CONVERSN COMMON 29066107 1620 60000 SH DEFINED 01,02 60000 0 0
AMERICAN STORES CO NEW COMMON 30096101 13695 415000 SH DEFINED 01,02 415000 0 0
AMES DEPARTMENT STORES COM NEW 30789507 3850 103700 SH DEFINED 01,02 103700 0 0
ANESTA CORP COMMON 34603100 1758 77900 SH DEFINED 01,02 77900 0 0
ANNTAYLOR STORES CORP COMMON 36115103 21166 479000 SH DEFINED 01,02 479000 0 0
APACHE CORP COMMON 37411105 3870 148500 SH DEFINED 01,02 148500 0 0
APARTMENT INVT & MGMT CO CL A 03748R101 8338 230000 SH DEFINED 01,02 230000 0 0
APOLLO GROUP INC CL A 37604105 17961 601200 SH DEFINED 01,02 601200 0 0
APPLIED MATLS INC COMMON 38222105 13793 223600 SH DEFINED 01,02 223600 0 0
APPLIED PWR INC CL A 38225108 1769 64900 SH DEFINED 01,02 64900 0 0
AQUA ALLIANCE INC *W EXP 3/11/200 38367108 675 300140 DEFINED 01,02 300140 0 0
ARCHSTONE CMNTYS TRUST SH BEN INT 39581103 5816 288971 SH DEFINED 01,02 288971 0 0
ARTESYN TECHNOLOGIES INC COMMON 43127109 554 44800 SH DEFINED 01,02 44800 0 0
ASCEND COMMUNICATIONS COMMON 43491109 48966 585100 SH DEFINED 01,02 585100 0 0
ATLANTIC COAST AIRLINES COMMON 48396105 557 19800 SH DEFINED 01,02 19800 0 0
ATMEL CORP COMMON 49513104 960 63200 SH DEFINED 01,02 63200 0 0
AURORA FOODS INC COMMON 05164B106 835 51000 SH DEFINED 01,02 51000 0 0
AVALONBAY CMNTYS INC COMMON 53484101 4978 156164 SH DEFINED 01,02 156164 0 0
AVON PRODUCTS INC COMMON 54303102 47613 1011700 SH DEFINED 01,02 1011700 0 0
AXENT TECHNOLOGIES INC COMMON 05459C108 407 16900 SH DEFINED 01,02 16900 0 0
BP AMOCO P L C DEPOSITORY RECEI 55622104 13094 129647 SH DEFINED 01,02 129647 0 0
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SH/P AMT
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE(K) S/P P/C INV DSC MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
BAKER HUGHES INC COMMON 57224107 3851 158400 SH DEFINED 01,02 158400 0 0
BANK ONE CORP COMMON 06423A103 13025 236546 SH DEFINED 01,02 236546 0 0
BANKAMERICA CORP NEW COMMON 06605F102 61261 867412 SH DEFINED 01,02 867412 0 0
BED BATH & BEYOND INC COMMON 75896100 76303 2090500 SH DEFINED 01,02 2090500 0 0
BIOMATRIX INC COMMON 09060P102 1045 13400 SH DEFINED 01,02 13400 0 0
BORON LEPORE & ASSOCS IN COMMON 10001P102 285 27500 SH DEFINED 01,02 27500 0 0
BOSTON PROPERTIES INC COMMON 101121101 4333 137000 SH DEFINED 01,02 137000 0 0
BOSTON SCIENTIFIC CORP COMMON 101137107 78382 1929400 SH DEFINED 01,02 1929400 0 0
BRISTOL MYERS SQUIBB CO COMMON 110122108 72109 1124500 SH DEFINED 01,02 1124500 0 0
CIT GROUP INC CL A 125577106 27506 900000 SH DEFINED 01,02 900000 0 0
CMP MEDIA INC CL A 125891101 1328 43200 SH DEFINED 01,02 43200 0 0
CSG SYS INTL INC COMMON 126349109 4733 120000 SH DEFINED 01,02 120000 0 0
CUNO INC COMMON 126583103 4200 300000 SH DEFINED 01,02 300000 0 0
CABLEVISION SYS CORP CL A 12686C109 964 13000 SH DEFINED 01,02 13000 0 0
CABOT INDUSTRIAL TRUST COMMON 127072106 5663 300000 SH DEFINED 01,02 300000 0 0
CADENCE DESIGN SYSTEM IN COMMON 127387108 876 34000 SH DEFINED 01,02 34000 0 0
CAPITAL AUTOMOTIVE REIT COM SH BEN INT 139733109 2052 165000 SH DEFINED 01,02 165000 0 0
CARDIAC PATHWAYS CORP COMMON 141408104 36 26000 SH DEFINED 01,02 26000 0 0
CARDINAL HEALTH INC COMMON 14149Y108 71174 1078400 SH DEFINED 01,02 1078400 0 0
CARNIVAL CORP COMMON 143658102 38340 789500 SH DEFINED 01,02 789500 0 0
CATELLUS DEV CORP COMMON 149111106 3503 261900 SH DEFINED 01,02 261900 0 0
CERIDIAN CORP COMMON 15677T106 35795 979000 SH DEFINED 01,02 979000 0 0
CHAMPION INTL CORP COMMON 158525105 5568 135600 SH DEFINED 01,02 135600 0 0
CHASE MANHATTAN CORP NEW COMMON 16161A108 13712 168500 SH DEFINED 01,02 168500 0 0
CHEESECAKE FACTORY INC COMMON 163072101 872 36700 SH DEFINED 01,02 36700 0 0
CHUBB CORP COMMON 171232101 1868 31900 SH DEFINED 01,02 31900 0 0
CIBER INC COMMON 17163B102 1868 96400 SH DEFINED 01,02 96400 0 0
CISCO SYS INC COMMON 17275R102 87549 799075 SH DEFINED 01,02 799075 0 0
CINTAS CORP COMMON 172908105 9364 143231 SH DEFINED 01,02 143231 0 0
CITIGROUP INC COMMON 172967101 15122 236750 SH DEFINED 01,02 236750 0 0
CLAIRE'S STORES INC COMMON 179584107 1338 44400 SH DEFINED 01,02 44400 0 0
CLEAR CHANNEL COMMUNICAT COMMON 184502102 57177 852600 SH DEFINED 01,02 852600 0 0
COLGATE-PALMOLIVE CO COMMON 194162103 10617 115400 SH DEFINED 01,02 115400 0 0
COLONIAL PPTYS TR COM SH BEN INT 195872106 3981 156100 SH DEFINED 01,02 156100 0 0
COMPUTER SCIENCES CORP COMMON 205363104 47699 864300 SH DEFINED 01,02 864300 0 0
COMSAT CORP COM SER 1 20564D107 13566 468800 SH DEFINED 01,02 468800 0 0
COM21 INC COMMON 205937105 1698 64700 SH DEFINED 01,02 64700 0 0
CONSOLIDATED STORES CORP COMMON 210149100 69485 2292300 SH DEFINED 01,02 2292300 0 0
COOPER INDUSTRIES COMMON 216669101 6696 157100 SH DEFINED 01,02 157100 0 0
COST PLUS INC CALIF COMMON 221485105 1642 55900 SH DEFINED 01,02 55900 0 0
<PAGE>
SH/P AMT
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE(K) S/P P/C INV DSC MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COVAD COMMUNICATIONS GRO COMMON 222814204 1269 19300 SH DEFINED 01,02 19300 0 0
COVANCE INC COMMON 222816100 1712 68300 SH DEFINED 01,02 68300 0 0
CREDENCE SYSTEMS CORP COMMON 225302108 1730 80700 SH DEFINED 01,02 80700 0 0
CYTYC CORP COMMON 232946103 7076 510000 SH DEFINED 01,02 510000 0 0
DAYTON HUDSON CORP COMMON 239753106 39748 596600 SH DEFINED 01,02 596600 0 0
DELL COMPUTER CORP COMMON 247025109 29626 724800 SH DEFINED 01,02 724800 0 0
DU PONT E I DE NEMOURS & COMMON 263534109 9104 156800 SH DEFINED 01,02 156800 0 0
DUKE ENERGY CORP COMMON 264399106 2324 42400 SH DEFINED 01,02 42400 0 0
DUKE REALTY INVT INC COM NEW 264411505 4623 215000 SH DEFINED 01,02 215000 0 0
E M C CORP MASS COMMON 268648102 38363 300300 SH DEFINED 01,02 300300 0 0
ECOLAB INC COMMON 278865100 13277 374000 SH DEFINED 01,02 374000 0 0
ELAN PLC DEPOSITORY RECEI 284131208 6801 97500 SH DEFINED 01,02 97500 0 0
ELECTRO SCIENTIFIC INDS COMMON 285229100 1251 26900 SH DEFINED 01,02 26900 0 0
ELF AQUITAINE DEPOSITORY RECEI 286269105 3029 45000 SH DEFINED 01,02 45000 0 0
ENGINEERING ANIMATION IN COMMON 292872108 2393 56800 SH DEFINED 01,02 56800 0 0
ENTERCOM COMMUNICATIONS CL A 293639100 929 26250 SH DEFINED 01,02 26250 0 0
EQUITY OFFICE PROPERTIES COMMON 294741103 11693 460818 SH DEFINED 01,02 460818 0 0
EQUITY RESIDENTIAL PPTYS SH BEN INT 29476L107 7046 170803 SH DEFINED 01,02 170803 0 0
ETHAN ALLEN INTERIORS IN COMMON 297602104 1467 35300 SH DEFINED 01,02 35300 0 0
EXCEL LEGACY CORP COMMON 300665106 488 142100 SH DEFINED 01,02 142100 0 0
EXPEDITORS INTL WASH INC COMMON 302130109 724 13400 SH DEFINED 01,02 13400 0 0
EXXON CORP COMMON 302290101 20541 291100 SH DEFINED 01,02 291100 0 0
FEDERAL HOME LN MTG CORP COMMON 313400301 24289 423800 SH DEFINED 01,02 423800 0 0
FEDERAL NATL MTG ASSN COMMON 313586109 39715 573500 SH DEFINED 01,02 573500 0 0
FINOVA GROUP INC COMMON 317928109 9338 180000 SH DEFINED 01,02 180000 0 0
FIRST INDUSTRIAL REALTY COMMON 32054K103 3904 163100 SH DEFINED 01,02 163100 0 0
FIRST UN CORP COMMON 337358105 23534 440400 SH DEFINED 01,02 440400 0 0
FISERV INC COMMON 337738108 32215 600750 SH DEFINED 01,02 600750 0 0
FOODMAKER INC NEW COM NEW 344839204 1321 51800 SH DEFINED 01,02 51800 0 0
FORD MTR CO DEL COMMON 345370100 25912 457100 SH DEFINED 01,02 457100 0 0
FORE SYSTEMS INC COMMON 345449102 933 49332 SH DEFINED 01,02 49332 0 0
FOX ENTMT GROUP INC CL A 35138T107 1017 37500 SH DEFINED 01,02 37500 0 0
FRONTIER CORP COMMON 35906P105 50018 964200 SH DEFINED 01,02 964200 0 0
G & K SVCS INC CL A 361268105 1044 22600 SH DEFINED 01,02 22600 0 0
GATEWAY 2000 INC COMMON 367833100 31223 455400 SH DEFINED 01,02 455400 0 0
GENERAL ELEC CO COMMON 369604103 112329 1015400 SH DEFINED 01,02 1015400 0 0
GENERAL GROWTH PPTYS INC COMMON 370021107 4639 143000 SH DEFINED 01,02 143000 0 0
GILLETTE CO COMMON 375766102 56846 956400 SH DEFINED 01,02 956400 0 0
GLOBAL VACATION GROUP IN COMMON 37937F106 1152 97000 SH DEFINED 01,02 97000 0 0
GUIDANT CORP COMMON 401698105 45532 752600 SH DEFINED 01,02 752600 0 0
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SH/P AMT
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE(K) S/P P/C INV DSC MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
HMT TECHNOLOGY CORP COMMON 403917107 316 90350 SH DEFINED 01,02 90350 0 0
HNC SOFTWARE INC COMMON 40425P107 910 27800 SH DEFINED 01,02 27800 0 0
HALLIBURTON CO COMMON 406216101 4508 117100 SH DEFINED 01,02 117100 0 0
HANNAFORD BROS CO COMMON 410550107 7043 155000 SH DEFINED 01,02 155000 0 0
HANOVER COMPRESSOR CO COMMON 410768105 2465 93000 SH DEFINED 01,02 93000 0 0
HARMONIC INC COMMON 413160102 1760 63700 SH DEFINED 01,02 63700 0 0
HARRAHS ENTMT INC COMMON 413619107 9531 500000 SH DEFINED 01,02 500000 0 0
HASBRO INC COMMON 418056107 6169 213200 SH DEFINED 01,02 213200 0 0
HEALTHSOUTH CORP COMMON 421924101 10322 994900 SH DEFINED 01,02 994900 0 0
HEALTH MGMT ASSOC INC NE CL A 421933102 4123 338300 SH DEFINED 01,02 338300 0 0
HOLLYWOOD ENTMT CORP COMMON 436141105 1930 103600 SH DEFINED 01,02 103600 0 0
HOME DEPOT INC COMMON 437076102 12164 195400 SH DEFINED 01,02 195400 0 0
ITT EDUCATIONAL SERVICES COMMON 45068B109 1630 43400 SH DEFINED 01,02 43400 0 0
IDEXX LABS CORP COMMON 45168D104 2367 98900 SH DEFINED 01,02 98900 0 0
INFINITY BROADCASTING CP CL A 45662S102 41818 1624000 SH DEFINED 01,02 1624000 0 0
INTEL CORP COMMON 458140100 54552 458900 SH DEFINED 01,02 458900 0 0
INTELLIGENT POLYMERS COMMON 45815V200 924 33000 SH DEFINED 01,02 33000 0 0
INTERNATIONAL BUS MACH COMMON 459200101 53086 299500 SH DEFINED 01,02 299500 0 0
JACOR COMMUNUNICATIONS I CL A 469858401 24320 320000 SH DEFINED 01,02 320000 0 0
JONES PHARMA INC COMMON 480236108 2589 74500 SH DEFINED 01,02 74500 0 0
KIMCO REALTY CORP COMMON 49446R109 4219 114400 SH DEFINED 01,02 114400 0 0
KING WORLD PRODTNS INC COMMON 495667107 3973 130000 SH DEFINED 01,02 130000 0 0
KOHLS CORP COMMON 500255104 24806 350000 SH DEFINED 01,02 350000 0 0
LSI LOGIC CORP COMMON 502161102 9484 304100 SH DEFINED 01,02 304100 0 0
LIBERTY PPTY TR SH BEN INT 531172104 3874 186700 SH DEFINED 01,02 186700 0 0
LIGAND PHARMACEUTICALS I CL B 53220K207 630 76897 SH DEFINED 01,02 76897 0 0
LIMITED INC COMMON 532716107 9466 238900 SH DEFINED 01,02 238900 0 0
LOCKHEED MARTIN CORP COMMON 539830109 7814 207000 SH DEFINED 01,02 207000 0 0
LONGVIEW FIBRE CO COMMON 543213102 12167 1052300 SH DEFINED 01,02 1052300 0 0
LOWES COS INC COMMON 548661107 76938 1271700 SH DEFINED 01,02 1271700 0 0
LUCENT TECHNOLOGIES INC COMMON 549463107 35316 327000 SH DEFINED 01,02 327000 0 0
MCI WORLDCOM INC COMMON 55268B106 104341 1178160 SH DEFINED 01,02 1178160 0 0
MACERICH CO COMMON 554382101 3117 137400 SH DEFINED 01,02 137400 0 0
MACK CALI RLTY CORP COMMON 554489104 5564 189400 SH DEFINED 01,02 189400 0 0
MANUFACTURED HOME CMNTYS COMMON 564682102 4090 170400 SH DEFINED 01,02 170400 0 0
MAXTOR CORP COM NEW 577729205 1809 256200 SH DEFINED 01,02 256200 0 0
MEDIAONE GROUP INC COMMON 58440J104 59974 945400 SH DEFINED 01,02 945400 0 0
MELLON BK CORP COMMON 585509102 17397 247200 SH DEFINED 01,02 247200 0 0
MEYER FRED INC COMMON 592907109 32381 550000 SH DEFINED 01,02 550000 0 0
MICHAELS STORES INC COMMON 594087108 1049 42500 SH DEFINED 01,02 42500 0 0
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SH/P AMT
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE(K) S/P P/C INV DSC MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
MICROS SYS INC COMMON 594901100 1667 50500 SH DEFINED 01,02 50500 0 0
MICROSOFT CORP COMMON 594918104 150552 1679800 SH DEFINED 01,02 1679800 0 0
MOBIL CORP COMMON 607059102 18779 213400 SH DEFINED 01,02 213400 0 0
MODTECH HLDGS INC COMMON 60783C100 510 56656 SH DEFINED 01,02 56656 0 0
MONSANTO CO COMMON 611662107 37214 810100 SH DEFINED 01,02 810100 0 0
MONTANA POWER COMPANY COMMON 612085100 3847 52300 SH DEFINED 01,02 52300 0 0
MORGAN STAN DEAN WITTR COM NEW 617446448 37397 374200 SH DEFINED 01,02 374200 0 0
MYLAN LABS INC COMMON 628530107 6050 220500 SH DEFINED 01,02 220500 0 0
NATIONAL DATA CORP COMMON 635621105 1877 44700 SH DEFINED 01,02 44700 0 0
NEW PLAN EXCEL RLTY TR I COMMON 648053106 5574 290520 SH DEFINED 01,02 290520 0 0
NIKE INC CL B CL B 654106103 57809 1002100 SH DEFINED 01,02 1002100 0 0
NOBLE DRILLING CORP COMMON 655042109 410 23600 SH DEFINED 01,02 23600 0 0
NORTH FORK BANCORPORATIO COMMON 659424105 1231 58250 SH DEFINED 01,02 58250 0 0
NOVA CORP GA COMMON 669784100 2606 99275 SH DEFINED 01,02 99275 0 0
NOVELL INC COMMON 670006105 16372 650000 SH DEFINED 01,02 650000 0 0
OFFICE DEPOT INC COMMON 676220106 45097 1204600 SH DEFINED 01,02 1204600 0 0
ORACLE CORP COMMON 68389X105 8273 313650 SH DEFINED 01,02 313650 0 0
ORBITAL SCIENCES CORP COMMON 685564106 397 14000 SH DEFINED 01,02 14000 0 0
OUTBACK STEAKHOUSE INC COMMON 689899102 16644 508200 SH DEFINED 01,02 508200 0 0
OUTDOOR SYS INC COMMON 690057104 5250 175000 SH DEFINED 01,02 175000 0 0
OXFORD HEALTH PLANS INC COMMON 691471106 1563 100000 SH DEFINED 01,02 100000 0 0
PAN PACIFIC RETAIL PPTYS COMMON 69806L104 2702 152200 SH DEFINED 01,02 152200 0 0
PAPA JOHNS INTL INC COMMON 698813102 9002 204000 SH DEFINED 01,02 204000 0 0
PAREXEL INTL CORP COMMON 699462107 8482 410000 SH DEFINED 01,02 410000 0 0
PEERLESS SYS CORP COMMON 705536100 253 29800 SH DEFINED 01,02 29800 0 0
PEREGRINE SYSTEMS INC COMMON 71366Q101 1233 36660 SH DEFINED 01,02 36660 0 0
PFIZER INC COMMON 717081103 112499 810800 SH DEFINED 01,02 810800 0 0
PHYSICIAN RELIANCE NWK COMMON 71940G108 442 52000 SH DEFINED 01,02 52000 0 0
POWERWAVE TECHNOLOGIES I COMMON 739363109 2582 91000 SH DEFINED 01,02 91000 0 0
PRENTISS PPTYS TR SH BEN INT 740706106 3062 163300 SH DEFINED 01,02 163300 0 0
PRIDE INTL INC COMMON 741932107 365 44300 SH DEFINED 01,02 44300 0 0
PROFESSIONAL DETAILING I COMMON 74312N107 1015 38770 SH DEFINED 01,02 38770 0 0
PROFIT RECOVERY GROUP IN COMMON 743168106 2481 62800 SH DEFINED 01,02 62800 0 0
PROLOGIS TR SH BEN INT 743410102 5038 245745 SH DEFINED 01,02 245745 0 0
PROTEIN DESIGN LABS COMMON 74369L103 664 44100 SH DEFINED 01,02 44100 0 0
PUBLIC STORAGE INC COMMON 74460D109 9298 371932 SH DEFINED 01,02 371932 0 0
QLOGIC CORP COMMON 747277101 967 14400 SH DEFINED 01,02 14400 0 0
QUIKSILVER INC COMMON 74838C106 1137 26900 SH DEFINED 01,02 26900 0 0
RADISYS CORP COMMON 750459109 2072 66700 SH DEFINED 01,02 66700 0 0
RECKSON SVC INDS INC COMMON 75621J109 56 12544 SH DEFINED 01,02 12544 0 0
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SH/P AMT
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE(K) S/P P/C INV DSC MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
RECKSON ASSOCS RLTY CORP COMMON 75621K106 3224 156800 SH DEFINED 01,02 156800 0 0
RENT WAY INC COMMON 76009U104 1668 69500 SH DEFINED 01,02 69500 0 0
RESMED INC COMMON 761152107 15538 550000 SH DEFINED 01,02 550000 0 0
ROMAC INTL INC COMMON 775835101 888 104500 SH DEFINED 01,02 104500 0 0
SBC COMMUNICATIONS INC COMMON 78387G103 12358 261900 SH DEFINED 01,02 261900 0 0
SFX ENTMT INC CL A 784178105 6456 100000 SH DEFINED 01,02 100000 0 0
SAFEWAY INC COM NEW 786514208 60066 1170600 SH DEFINED 01,02 1170600 0 0
SCHERING PLOUGH CORP COMMON 806605101 44001 796400 SH DEFINED 01,02 796400 0 0
SCHLUMBERGER LTD COMMON 806857108 4291 71300 SH DEFINED 01,02 71300 0 0
SECURITY CAP GROUP INC CL B 81413P204 2714 202900 SH DEFINED 01,02 202900 0 0
SEROLOGICALS CORP COMMON 817523103 6781 500000 SH DEFINED 01,02 500000 0 0
SERVICEMASTER CO COMMON 81760N109 18238 897850 SH DEFINED 01,02 897850 0 0
SHIRE PHARMACEUTICALS GR DEPOSITORY RECEI 82481R106 6600 289300 SH DEFINED 01,02 289300 0 0
SHURGARD STORAGE CTRS IN COMMON 82567D104 3128 123900 SH DEFINED 01,02 123900 0 0
SIMON PPTY GROUP INC NEW COMMON 828806109 10217 372356 SH DEFINED 01,02 372356 0 0
SOLECTRON CORP COMMON 834182107 9713 200000 SH DEFINED 01,02 200000 0 0
SOUTHDOWN INC COMMON 841297104 5106 95100 SH DEFINED 01,02 95100 0 0
SPIEKER PPTYS INC COMMON 848497103 6408 181800 SH DEFINED 01,02 181800 0 0
SPRINT CORP FON GROUP COM FON GROUP 852061100 23550 240000 SH DEFINED 01,02 240000 0 0
STERLING COMMERCE INC COMMON 859205106 14028 456200 SH DEFINED 01,02 456200 0 0
SUN MICROSYSTEMS INC COMMON 866810104 15070 120500 SH DEFINED 01,02 120500 0 0
SYKES ENTERPRISES INC COMMON 871237103 1632 50500 SH DEFINED 01,02 50500 0 0
SYLVAN LEARNING SYS COMMON 871399101 2217 81000 SH DEFINED 01,02 81000 0 0
SYNOPSYS INC COMMON 871607107 15459 287600 SH DEFINED 01,02 287600 0 0
TMP WORLDWIDE INC COMMON 872941109 3954 61000 SH DEFINED 01,02 61000 0 0
TANDY CORP COMMON 875382103 4161 65200 SH DEFINED 01,02 65200 0 0
TELLABS INC COMMON 879664100 80927 827900 SH DEFINED 01,02 827900 0 0
TERADYNE INC COMMON 880770102 4092 75000 SH DEFINED 01,02 75000 0 0
TESORO PETE CORP COMMON 881609101 655 59500 SH DEFINED 01,02 59500 0 0
TETRA TECH INC NEW COMMON 88162G103 1367 64900 SH DEFINED 01,02 64900 0 0
TEXAS INSTRS INC COMMON 882508104 17041 171700 SH DEFINED 01,02 171700 0 0
TIMBERLAND CO CL A 887100105 769 12200 SH DEFINED 01,02 12200 0 0
TIME WARNER INC COMMON 887315109 36610 517000 SH DEFINED 01,02 517000 0 0
TOWER AUTOMOTIVE INC COMMON 891707101 1721 92400 SH DEFINED 01,02 92400 0 0
TRANSACTION SYS ARCHITEC CL A 893416107 7096 197100 SH DEFINED 01,02 197100 0 0
TRANSKARYOTIC THERAPIES COMMON 893735100 6769 213200 SH DEFINED 01,02 213200 0 0
TRAVELERS PPTY CAS CORP CL A 893939108 11937 333900 SH DEFINED 01,02 333900 0 0
TRINET CORP RLTY TR INC COMMON 896287109 3324 131000 SH DEFINED 01,02 131000 0 0
TYCO INTL LTD NEW COMMON 902124106 71279 993434 SH DEFINED 01,02 993434 0 0
US BANCORP DEL COMMON 902973106 9648 283232 SH DEFINED 01,02 283232 0 0
<PAGE>
SH/P AMT
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE(K) S/P P/C INV DSC MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
U S FOODSERVICE COMMON 90331R101 1976 42500 SH DEFINED 01,02 42500 0 0
UNITED HEALTHCARE CORP COMMON 910581107 10525 200000 SH DEFINED 01,02 200000 0 0
UNITED STATES FILTER COR COM NEW 911843209 6125 200000 SH DEFINED 01,02 200000 0 0
UNITED WTR RES INC COMMON 913190104 5804 279700 SH DEFINED 01,02 279700 0 0
UNIVERSAL HLTH SVCS INC CL B 913903100 1674 38700 SH DEFINED 01,02 38700 0 0
UNIVISION COMMUNICATIONS CL A 914906102 16000 320000 SH DEFINED 01,02 320000 0 0
VALASSIS COMMUNICATNS COMMON 918866104 2588 50000 SH DEFINED 01,02 50000 0 0
VEECO INSTRS INC DEL COMMON 922417100 1256 34008 SH DEFINED 01,02 34008 0 0
VISIO CORP COMMON 927914101 1342 47700 SH DEFINED 01,02 47700 0 0
VISUAL NETWORKS INC COMMON 928444108 482 12904 SH DEFINED 01,02 12904 0 0
VORNADO RLTY TR SH BEN INT 929042109 6224 180400 SH DEFINED 01,02 180400 0 0
WAL MART STORES INC COMMON 931142103 9219 100000 SH DEFINED 01,02 100000 0 0
WALGREEN CO COMMON 931422109 17487 619000 SH DEFINED 01,02 619000 0 0
WARNER LAMBERT CO COMMON 934488107 110578 1669100 SH DEFINED 01,02 1669100 0 0
WASTE MGMT INC DEL COMMON 94106L109 10353 233300 SH DEFINED 01,02 233300 0 0
WESTERN GAS RES INC COMMON 958259103 624 83200 SH DEFINED 01,02 83200 0 0
WESTPOINT STEVENS INC COMMON 961238102 10798 390000 SH DEFINED 01,02 390000 0 0
WET SEAL INC CL A 961840105 1873 50800 SH DEFINED 01,02 50800 0 0
WHOLE FOODS MKT INC COMMON 966837106 4795 139500 SH DEFINED 01,02 139500 0 0
WILLAMETTE INDS INC COMMON 969133107 4137 109600 SH DEFINED 01,02 109600 0 0
WILLIAMS SONOMA INC COMMON 969904101 22428 793900 SH DEFINED 01,02 793900 0 0
WIND RIVER SYSTEMS INC COMMON 973149107 1226 68800 SH DEFINED 01,02 68800 0 0
XILINX INC COMMON 983919101 16395 404200 SH DEFINED 01,02 404200 0 0
YOUNG & RUBICAM INC COMMON 987425105 10188 250000 SH DEFINED 01,02 250000 0 0
ZIFF-DAVIS INC COM ZDNET 989511209 2304 64000 SH DEFINED 01,02 64000 0 0
OCEAN ENERGY INC TEX COMMON 999999OE0 966 141800 SH DEFINED 01,02 141800 0 0
PEPSI BOTTLING GROUP COMMON 999999PQ2 10120 440000 SH DEFINED 01,02 440000 0 0
AMDOCS LTD ORD G02602103 1070 49500 SH DEFINED 01,02 49500 0 0
FRESH DEL MONTE PRODUCE ORD G36738105 715 38500 SH DEFINED 01,02 38500 0 0
HELEN OF TROY CORP COMMON G4388N106 3974 307200 SH DEFINED 01,02 307200 0 0
ASM LITHOGRAPHY HLDG N V DEPOSITORY RECEI N07059111 6260 139100 SH DEFINED 01,02 139100 0 0
ROYAL CARIBBEAN CRUISE COMMON V7780T103 27698 710200 SH DEFINED 01,02 710200 0 0
FLEXTRONICS INTL LTD ORD Y2573F102 10328 202500 SH DEFINED 01,02 202500 0 0
NUMBER OF ISSUES: 273 4,344,613 86,415,966 86,415,966 0 0
</TABLE>
