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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT MANAGERS PURSUANT
TO SECTION 13(f) OF THE SECURITIES EXCHANGE ACT OF 1934 AND RULES THEREUNDER
Report for the Calendar Year or Quarter Ended June 30, 1999.
- --------------------------------------------------------------------------------
(Please read instructions before preparing form.)
- --------------------------------------------------------------------------------
If amended report check here: [ ]
Martingale Asset Management, L.P.
- --------------------------------------------------------------------------------
Name of Institutional Investment Manager
222 Berkeley Street Boston MA 02116
- --------------------------------------------------------------------------------
Business Address (Street) (City) (State) (Zip)
Patricia J. O'Connor, Chief Financial Officer, Senior Vice President
- --------------------------------------------------------------------------------
Name, Phone No., and Title of Person Duly Authorized to Submit This Report.
Form 13F File Number: 28-4632
-------
- ---------------------------------- ATTENTION -----------------------------------
INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACTS CONSTITUTE
FEDERAL CRIMINAL VIOLATIONS. SEE 18 U.S.C. 1001 AND 15 U.S.C. 78ff(a).
- --------------------------------------------------------------------------------
The institutional investment manager submitting this Form and its attachments
and the person by whom it is signed represent hereby that all information
contained therein is true, correct and complete. It is understood that all
required items, statements and schedules are considered integral parts of this
Form and that the submission of any amendment represents that all unamended
items, statements and schedules remain true, correct and complete as previously
submitted.
Pursuant to the requirements of Securities Exchange Act of 1934, the
undersigned institutional investment manager has caused this report to be signed
on its behalf in the City of Boston and State of Massachusetts on the 10th day
of May 1999.
Martingale Asset Management, L.P.
-------------------------------------------
(Name of Institutional Investment Manager
Patricia J. O'Connor
-------------------------------------------
(Manual Signature of Person Duly Authorized
to Submit This Report)
Name and 13F file numbers of ALL Institutional Investment Managers with respect
to which this schedule is filled (other than the one filing this report): (List
in alphabetical order).
13F File Numbers will be assigned to Institutional Investment Managers after
they file their first report.
Name: 13F File No.: Name: 13F File No.:
- --------------------------------------- ---------------------------------------
1. 6.
- --------------------------------------- ---------------------------------------
2. 7.
- --------------------------------------- ---------------------------------------
3. 8.
- --------------------------------------- ---------------------------------------
4. 9.
- --------------------------------------- ---------------------------------------
5. 10.
- --------------------------------------- ---------------------------------------
SEC 1685 (5/91)
<PAGE> 2
Martingale Asset Management
FORM 13F
June 30, 1999
<TABLE>
<CAPTION>
Voting Authority
--------------------------
Value Shares/ Sh/ Put/ Invstmt Other
Name of Issuer Title of class CUSIP (x$1000) Prn Amt Prn Call Dscretn Managers Sole Shared None
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C>
A C Nielson COM 004833109 593 19600.00 SH Sole 13000.00 6600.00
ADAC Labs COM 005313200 517 71300.00 SH Sole 48800.00 22500.00
AK Steel Holding Corp COM 001547108 328 14600.00 SH Sole 14600.00
AT&T COM 001957109 24968447350.00 SH Sole 322500.00 129450.00
Abbott Labs COM 002824100 390 8600.00 SH Sole 8600.00
Adaptec Inc COM 00651F108 3069 86900.00 SH Sole 51400.00 35500.00
Advanta Corp COM 007942105 325 18000.00 SH Sole 18000.00 400.00
Albany Int'l Cl A COM 012348108 887 42224.00 SH Sole 28924.00 13300.00
Albemarle Corp COM 012653101 777 33600.00 SH Sole 33600.00 100.00
Albertson's Inc COM 013104104 1330 25800.00 SH Sole 700.00 25700.00
Aliant Communication COM 016090102 600 13000.00 SH Sole 13000.00 200.00
Allamerica Fin'l COM 019754100 1119 18400.00 SH Sole 4500.00 13900.00
Allegheny Energy Inc COM 017361106 2434 75900.00 SH Sole 51800.00 24100.00
Alliant Energy Corp COM 018802108 292 10300.00 SH Sole 10300.00
Allied-Signal Inc COM 019512102 3087 49000.00 SH Sole 32600.00 17200.00
Allstate Corp COM 020002101 17625491300.00 SH Sole 349100.00 145500.00
Alltel Corp COM 020039103 722 10100.00 SH Sole 10100.00
Altera Corp COM 021441100 998 27100.00 SH Sole 4300.00 22800.00
Ambac Finl Group COM 023139108 5530 96800.00 SH Sole 44300.00 52500.00
America Online Inc COM 02364J104 2057 18700.00 SH Sole 18700.00
American Elec Power COM 025537101 886 23600.00 SH Sole 23600.00
American Financial Group COM 025932104 2030 59600.00 SH Sole 36900.00 22700.00
American Int'l Group COM 026874107 9087 77500.00 SH Sole 64400.00 13500.00
Amerisource Health Corp COM 03071P102 1762 69100.00 SH Sole 49000.00 20100.00
Ameritech COM 030954101 4961 67500.00 SH Sole 24900.00 42800.00
Ametek Inc COM 031100100 435 18900.00 SH Sole 18900.00
Amgen Inc COM 031162100 3452 56700.00 SH Sole 56700.00
Anchor Gaming COM 033037102 812 16900.00 SH Sole 16900.00
Andrew Corporation COM 034425108 331 17500.00 SH Sole 17500.00
Apache Corp COM 037411105 1747 44800.00 SH Sole 44800.00
Apartment Invt & Mgmt COM 03748R101 231 5400.00 SH Sole 5400.00
Apple Computer Inc COM 037833100 10582228500.00 SH Sole 148500.00 81500.00
Applebees Intl Inc COM 037899101 1946 64600.00 SH Sole 60500.00 4100.00
Applied Materials COM 038222105 2445 33100.00 SH Sole 33100.00
Arrow Electrs Inc COM 042735100 1617 85100.00 SH Sole 72500.00 12600.00
Arvin Inds Inc COM 043339100 333 8800.00 SH Sole 8800.00
Ashland Inc. COM 044204105 1212 30200.00 SH Sole 30200.00
Atmel Corp COM 049513104 299 11400.00 SH Sole 11400.00
Aurora Foods Inc COM 05164B106 175 10000.00 SH Sole 10000.00
Autonation Inc COM 05329W102 419 23500.00 SH Sole 23500.00
Avalonbay Communities Inc COM 053484101 226 6100.00 SH Sole 6100.00
Avery Dennison Corporation COM 053611109 984 16300.00 SH Sole 1300.00 15000.00
Avnet Inc COM 053807103 2511 54000.00 SH Sole 38400.00 15600.00
B M C Software Inc. COM 055921100 713 13200.00 SH Sole 7100.00 6100.00
Banc One Corp COM 06423A103 15145254268.00 SH Sole 157168.00 100000.00
Bancwest Corp COM 059790105 394 10600.00 SH Sole 10600.00 200.00
Bank of America Corp COM 060505104 36941503884.00 SH Sole 337284.00 170300.00
Banta Corp COM 066821109 682 32500.00 SH Sole 22900.00 9600.00
Barr Laboratories COM 068306109 945 23700.00 SH Sole 23700.00
Barrett Resources Corp COM 068480201 499 13000.00 SH Sole 13000.00
Barrick Gold COM 067901108 2015104000.00 SH Sole 104000.00
Bear Stearns Co COM 073902108 3492 74700.00 SH Sole 47300.00 27900.00
Belden Inc COM 077459105 670 28000.00 SH Sole 8100.00 20200.00
Bell Atlantic Corp COM 077853109 24673377400.00 SH Sole 281600.00 99700.00
Bellsouth Corp COM 079860102 31872691000.00 SH Sole 480900.00 214900.00
Bergen Brunswig COM 083739102 6236361500.00 SH Sole 286000.00 75500.00
Berkshire Rlty Inc COM 084710102 117 10100.00 SH Sole 10100.00 500.00
Best Buy Inc COM 086516101 1681 24900.00 SH Sole 24900.00
Bestfoods COM 08658U101 233 4700.00 SH Sole 4700.00
Billing Info Concepts COM 090063108 685 61200.00 SH Sole 40600.00 20600.00
Biomatrix Inc. COM 09060P102 571 26500.00 SH Sole 9600.00 16900.00
Blyth Industries Inc COM 09643P108 1098 32300.00 SH Sole 11500.00 20800.00
Boeing Company COM 097023105 1487 33800.00 SH Sole 24300.00 10400.00
Borg Warner Auto COM 099724106 1023 18600.00 SH Sole 12600.00 6200.00
Bowne & Co Inc COM 103043105 267 20000.00 SH Sole 17800.00 2200.00
Briggs and Stratton COM 109043109 271 4700.00 SH Sole 4700.00
Bristol Meyers Squibb COM 110122108 11664165600.00 SH Sole 165600.00
Brunswick Corp COM 117043109 2746 98500.00 SH Sole 62300.00 36200.00
Buckle Inc COM 118440106 589 20500.00 SH Sole 13400.00 7100.00
Budget Group Inc Cl A COM 119003101 166 13500.00 SH Sole 13500.00 500.00
Burlington Coat Factory COM 121579106 450 23300.00 SH Sole 23300.00
Burlington Northern COM 12189T104 2734 88200.00 SH Sole 55600.00 33400.00
Burlington Resources COM 122014103 2162 50000.00 SH Sole 43700.00 6300.00
C B S Inc COM 12490K107 15003344400.00 SH Sole 238600.00 108400.00
C D I Corp COM 125071100 872 25600.00 SH Sole 25600.00 100.00
C-Cube Microsystems Inc COM 125015107 307 9700.00 SH Sole 9700.00
CIT Group Inc COM 125577106 436 15100.00 SH Sole 15100.00
Cable Design Technologies COM 126924109 710 46000.00 SH Sole 46000.00
Cabot Corp COM 127055101 2145 88700.00 SH Sole 42600.00 46100.00
Cambrex Corp COM 132011107 315 12000.00 SH Sole 12000.00 300.00
Canadian Pacific Ltd COM 135923100 2265 95100.00 SH Sole 95100.00
Canandaigua Brands Cl A COM 137219200 3031 57800.00 SH Sole 49400.00 8400.00
Cardinal Health Inc COM 14149Y108 3161 49300.00 SH Sole 13000.00 36300.00
Carematrix Corporation COM 141706101 228 18300.00 SH Sole 18300.00 400.00
Carlisle Cos Inc COM 142339100 563 11700.00 SH Sole 1500.00 10200.00
Carmike Cinemas COM 143436103 185 11600.00 SH Sole 11600.00 200.00
Carnival Corp Cl A COM 143658102 3555 73300.00 SH Sole 73300.00
Caseys General Stores Inc COM 147528103 624 41600.00 SH Sole 26300.00 15300.00
Cellular Comm of Puerto Rico COM 15116N108 291 10200.00 SH Sole 10200.00 300.00
Centex Construction Products COM 15231R109 259 7600.00 SH Sole 7600.00 200.00
Centex Corp COM 152312104 6870182900.00 SH Sole 119000.00 63900.00
Centurytel COM 156700106 6694168400.00 SH Sole 125350.00 43050.00
Charter One Finl COM 160903100 3175114175.00 SH Sole 33375.00 80800.00
Chase Manhattan COM 16161A108 28106324920.00 SH Sole 215820.00 111500.00
Chattem Inc COM 162456107 312 9800.00 SH Sole 9800.00
Checkpoint Systems COM 162825103 368 41200.00 SH Sole 41200.00
Chesapeake Corp COM 165159104 1314 35100.00 SH Sole 24800.00 10300.00
Chevron Corp COM 166751107 2500 26300.00 SH Sole 26300.00 1100.00
Cisco Systems COM 17275R102 5471 84900.00 SH Sole 84900.00
Citigroup Inc COM 172967101 32478683750.00 SH Sole 469800.00 218850.00
City National Corp COM 178566105 483 12900.00 SH Sole 12900.00
Cke Restaurants Inc COM 12561E105 1070 65870.00 SH Sole 43870.00 22000.00
Claires Stores Inc COM 179584107 950 36900.00 SH Sole 5300.00 31600.00
Cleco Corporation COM 12561W105 389 12800.00 SH Sole 12800.00
Coastal Corp COM 190441105 11922296200.00 SH Sole 182700.00 115800.00
Coca-Cola Co COM 191216100 3156 50900.00 SH Sole 50900.00
Columbia Energy Group COM 197648108 1655 26400.00 SH Sole 26400.00
Columbia/HCA Healthcare COM 197677107 326 14300.00 SH Sole 14300.00
Comerica Inc COM 200340107 1302 21900.00 SH Sole 21900.00
Commercial Metals COM 201723103 402 14100.00 SH Sole 10900.00 3400.00
Computer Assoc Int'l COM 204912109 3739 68300.00 SH Sole 48000.00 20300.00
Compuware Corp COM 205638109 207 6500.00 SH Sole 6500.00
Concord EFS Inc COM 206197105 1413 33400.00 SH Sole 33400.00
Conseco Inc COM 208464107 15806519300.00 SH Sole 358300.00 163800.00
Consolidated Freightways Corp COM 209232107 172 13400.00 SH Sole 13400.00 300.00
Continental Airlines -Cl B COM 210795308 504 13400.00 SH Sole 13400.00
Cordant Technologies COM 218412104 4126 91300.00 SH Sole 57800.00 33500.00
Corn Products Intl COM 219023108 396 13000.00 SH Sole 2000.00 11200.00
Cornerstone Pptys Inc COM 21922H103 248 15600.00 SH Sole 15600.00
Countrywide Cr Inds COM 222372104 7434173900.00 SH Sole 106500.00 69400.00
Cox Communications COM 224044107 1749 47500.00 SH Sole 6900.00 40600.00
Crane Company COM 224399105 4595146150.00 SH Sole 89550.00 56600.00
Cypress Semiconductor COM 232806109 3028176800.00 SH Sole 104500.00 72600.00
Cytec Industries COM 232820100 5610178100.00 SH Sole 115800.00 62300.00
D.R. Horton COM 23331A109 746 44900.00 SH Sole 9800.00 35100.00
DST Systems COM 233326107 585 9300.00 SH Sole 9300.00
DTE Holdings Inc COM 233331107 6157151100.00 SH Sole 92900.00 58200.00
Dayton Hudson COM 239753106 247 3800.00 SH Sole 3800.00
Delphi Automotive Systems COM 247126105 581 31421.22 SH Sole 26348.89 5073.19
Delphi Finl Group COM 247131105 765 21318.00 SH Sole 21318.00 306.00
Delta Air Lines COM 247361108 6051105000.00 SH Sole 60000.00 46000.00
Dentsply Intl Inc COM 249030107 3765130400.00 SH Sole 82400.00 48000.00
Detroit Diesel Corp COM 250837101 300 12200.00 SH Sole 6400.00 5800.00
Devon Energy Corp COM 251799102 437 12200.00 SH Sole 12200.00
Diamond Offshore Drilling COM 25271C102 1921 67700.00 SH Sole 45500.00 22200.00
Dillard's Inc. COM 254067101 3123 88900.00 SH Sole 53000.00 35900.00
Dime Bankcorp Inc COM 25429Q102 815 40500.00 SH Sole 19200.00 21300.00
Disney (Walt) Prod COM 254687106 314 10200.00 SH Sole 10200.00
Dow Chemical Company COM 260543103 1396 11000.00 SH Sole 5500.00 5500.00
Du Pont (E.I.) DeNemours COM 263534109 772 11300.00 SH Sole 11300.00
Duke Energy Corp COM 264399106 1698 31200.00 SH Sole 6800.00 25200.00
Dura Pharmaceuticals COM 26632S109 1212101500.00 SH Sole 80400.00 21100.00
Dycom Industries COM 267475101 1266 22600.00 SH Sole 5400.00 17200.00
Dynegy Inc COM 26816L102 261 12800.00 SH Sole 12800.00
EMC Corp COM 268648102 792 14400.00 SH Sole 14400.00
EXXON Corp COM 302290101 34105442200.00 SH Sole 290400.00 155100.00
Earthgrains Co COM 270319106 648 25100.00 SH Sole 4000.00 21100.00
Eaton Corp COM 278058102 1831 19900.00 SH Sole 19900.00
Edwards ( A.G.) Inc COM 281760108 1335 41400.00 SH Sole 20700.00 20700.00
El Paso Energy Corporation COM 283905107 1355 38500.00 SH Sole 7000.00 31500.00
Energen Corp COM 29265N108 568 30500.00 SH Sole 21400.00 9300.00
Energy East Corp COM 29266M109 1183 45500.00 SH Sole 45500.00
Engelhard Corp COM 292845104 1143 50500.00 SH Sole 50500.00
Equitable Cos Inc COM 29444G107 3491 52100.00 SH Sole 52100.00
Equity Office Properties COM 294741103 256 10000.00 SH Sole 10000.00
FMC Corp COM 302491303 10957160400.00 SH Sole 111000.00 49400.00
FPL Group Inc COM 302571104 3288 60200.00 SH Sole 60200.00
Fannie Mae COM 313586109 9425138100.00 SH Sole 86300.00 53000.00
Federal Home Ln Mt COM 313400301 487 8400.00 SH Sole 1100.00 7300.00
Federated Dept Stores COM 31410H101 3737 70600.00 SH Sole 26500.00 44700.00
Finova Group Inc COM 317928109 2563 48700.00 SH Sole 36500.00 12200.00
First American Fin'l Cp Ca COM 318522307 452 25300.00 SH Sole 25300.00 300.00
First Citizens Bancsh Cl A COM 31946M103 412 5100.00 SH Sole 5100.00 100.00
First Data Corp COM 319963104 866 17700.00 SH Sole 9700.00 8200.00
First Union Corp COM 337358105 8492180200.00 SH Sole 147800.00 34300.00
FirstEnergy Corp COM 337932107 1634 52700.00 SH Sole 38900.00 13800.00
Fleet Fin'l Group COM 338915101 12971292300.00 SH Sole 181600.00 113500.00
Ford Motor Company COM 345370100 21294377300.00 SH Sole 260500.00 119200.00
Fort James Corporation COM 347471104 2360 62300.00 SH Sole 39700.00 22600.00
Fremont General Corp COM 357288109 804 42600.00 SH Sole 23600.00 19000.00
Frontier Ins Grp Inc COM 359081106 870 56560.00 SH Sole 23460.00 33400.00
Furniture Brands COM 360921100 396 14200.00 SH Sole 7900.00 6300.00
Furon Co COM 361106107 234 12300.00 SH Sole 8100.00 4200.00
GATX Corp COM 361448103 1621 42600.00 SH Sole 29100.00 13500.00
GPU, Inc. COM 36225X100 11045261800.00 SH Sole 169100.00 94100.00
GTE Corp COM 362320103 4515 59800.00 SH Sole 29900.00 29900.00
Galileo International COM 363547100 5162 96600.00 SH Sole 75800.00 20800.00
Gannett Co COM 364730101 13783193100.00 SH Sole 126300.00 68300.00
Gartner Group Cl A COM 366651107 474 23100.00 SH Sole 23100.00
Gencorp Inc COM 368682100 838 33200.00 SH Sole 33200.00 400.00
General Electric COM 369604103 14961132400.00 SH Sole 132400.00
General Motors Corp COM 370442105 10771163200.00 SH Sole 96900.00 67600.00
Genl Dynamics COM 369550108 654 9500.00 SH Sole 9500.00
Goodrich (B.F.) COM 382388106 3940 92700.00 SH Sole 48400.00 44300.00
Gotham Partners COM 38346L9G3 8788 5932.39 SH Other 5932.39
Grace (W.R.) COM 38388F108 7429391000.00 SH Sole 268400.00 122600.00
Greenpoint Financial COM 395384100 312 9500.00 SH Sole 3600.00 5900.00
Gtech Hldgs Corp COM 400518106 1454 61700.00 SH Sole 61700.00 300.00
Guilford Mills COM 401794102 120 11600.00 SH Sole 11600.00
Handleman Company COM 410252100 185 15700.00 SH Sole 15700.00 300.00
Harman Intl Inds COM 413086109 295 6700.00 SH Sole 6700.00
Harrah's Entertainment COM 413619107 249 11300.00 SH Sole 11300.00
Harte-Hanks Inc COM 416196103 564 20800.00 SH Sole 20800.00
Haverty Furniture COM 419596101 465 13200.00 SH Sole 13200.00 300.00
Healthsouth Corp COM 421924101 6140412800.00 SH Sole 329300.00 86500.00
Herbalife Intl COM 426908208 206 18800.00 SH Sole 18800.00 600.00
Hercules Inc COM 427056106 912 23200.00 SH Sole 23200.00
Hewlett-Packard Company COM 428236103 6141 61100.00 SH Sole 43900.00 17700.00
Home Depot COM 437076102 1476 22900.00 SH Sole 22900.00
Honeywell Inc COM 438506107 2005 17300.00 SH Sole 17300.00
Household Int'l COM 441815107 11522243200.00 SH Sole 179500.00 65000.00
Houston Exploration Company COM 442120101 256 13500.00 SH Sole 13500.00 300.00
Hughes Supply Inc COM 444482103 1775 59800.00 SH Sole 44600.00 15500.00
IBP Inc COM 449223106 8868373400.00 SH Sole 231500.00 141900.00
ICN Pharmaceutical COM 448924100 2607 81000.00 SH Sole 60000.00 21000.00
IMC Global COM 449669100 318 18300.00 SH Sole 18300.00
ITT Industries COM 450911102 823 21600.00 SH Sole 10100.00 11500.00
Imperial Bancorp COM 452556103 1438 72604.00 SH Sole 54460.00 18144.00
Ingersoll-Rand Co COM 456866102 4899 75800.00 SH Sole 60800.00 15000.00
Ingram Micro COM 457153104 2544 98800.00 SH Sole 38700.00 60100.00
Intel Corp COM 458140100 10401174800.00 SH Sole 162400.00 12400.00
Intermet Corp COM 45881K104 591 39100.00 SH Sole 29500.00 9900.00
Interpool Inc COM 46062R108 148 11400.00 SH Sole 11400.00
Interpublic Group COM 460690100 476 5500.00 SH Sole 5500.00
Interstate Bakeries COM 46072H108 1970 87800.00 SH Sole 53400.00 34400.00
Intl Business Machines COM 459200101 26134202200.00 SH Sole 132300.00 71900.00
Intl Game Tech COM 459902102 298 16100.00 SH Sole 16100.00
Intl Home Foods, Inc COM 459655106 1543 83700.00 SH Sole 58100.00 25600.00
JLG Industries Inc COM 466210101 1021 50100.00 SH Sole 35800.00 14300.00
JSB Financial Inc COM 46624M100 203 4000.00 SH Sole 4000.00
Jefferson Pilot Co COM 475070108 2952 44600.00 SH Sole 22000.00 22600.00
Johnson & Johnson COM 478160104 7811 79700.00 SH Sole 50400.00 30400.00
Johnson Controls Inc COM 478366107 7278105000.00 SH Sole 65300.00 40600.00
K Mart Corp COM 482584109 1739105400.00 SH Sole 105400.00
Kansas City Life Ins Co COM 484836101 439 10200.00 SH Sole 10200.00
Kaufman & Broad Home COM 486168107 2025 81400.00 SH Sole 53600.00 28400.00
Keane Inc COM 486665102 1778 78600.00 SH Sole 61500.00 17100.00
Keebler Foods Co COM 487256109 2391 78400.00 SH Sole 78400.00
Kerr McGee Corp COM 492386107 296 5900.00 SH Sole 5900.00
Kimball Intl COM 494274103 251 14900.00 SH Sole 13600.00 1700.00
Kimberly-Clark COM 494368103 11491201600.00 SH Sole 107200.00 96200.00
King World Prod. COM 495667107 2151 61800.00 SH Sole 44800.00 17000.00
Knight Ridder COM 499040103 584 10600.00 SH Sole 10600.00
Koninklijke Philips EL-NY COM 500472205 316 3128.00 SH Sole 3128.00
LG&E Energy Corp COM 501917108 832 39600.00 SH Sole 10500.00 29100.00
Lancaster Colony Corporation COM 513847103 1920 55650.00 SH Sole 49950.00 5700.00
Lear Corp COM 521865105 821 16500.00 SH Sole 16500.00
Lehman Brothers Holding Compan COM 524908100 2752 44300.00 SH Sole 44300.00
Lennar Corp COM 526057104 2030 84600.00 SH Sole 84600.00
Lexmark Intl Group COM 529771107 1454 22200.00 SH Sole 22200.00
Libbey Inc COM 529898108 1502 51800.00 SH Sole 43000.00 9000.00
Liberty Corp S C COM 530370105 289 5300.00 SH Sole 5300.00 100.00
Lilly (Eli) Co COM 532457108 910 12700.00 SH Sole 12700.00
Lincare Holdings COM 532791100 1807 72300.00 SH Sole 50900.00 21400.00
Lincoln Electric Holdings COM 533900106 551 26900.00 SH Sole 22800.00 4200.00
Lincoln Nat'l Corp COM 534187109 3594 68700.00 SH Sole 44500.00 24200.00
Litton Ind Inc COM 538021106 505 7000.00 SH Sole 3200.00 3800.00
Loew's Corp COM 540424108 1946 24600.00 SH Sole 17400.00 7200.00
Louisiana Pacific Corporation COM 546347105 5749240800.00 SH Sole 146200.00 94600.00
Lowe's Companies COM 548661107 692 12200.00 SH Sole 12200.00
Lucent Technologies COM 549463107 7816115900.00 SH Sole 105900.00 10000.00
M & T Bank Corporation COM 55261F104 1760 3200.00 SH Sole 1900.00 1300.00
MCI Worldcom Inc COM 55268B106 13727159500.00 SH Sole 96400.00 64800.00
MCN Energy Group, Inc. COM 55267J100 1830 88200.00 SH Sole 45300.00 42900.00
MDC Holdings COM 552676108 258 12000.00 SH Sole 12000.00 400.00
MGIC Investment COM 552848103 3807 78300.00 SH Sole 73400.00 4900.00
Magnetek Inc COM 559424106 342 32400.00 SH Sole 32400.00
Mallinckrodt Group COM 561232109 356 9800.00 SH Sole 9800.00
Manitowoc Inc COM 563571108 1386 33300.00 SH Sole 33300.00
Manpower Inc COM 56418H100 1939 85700.00 SH Sole 52900.00 32800.00
Mark IV Inds Inc COM 570387100 564 26700.00 SH Sole 26700.00 100.00
Marshall Industries COM 572393106 223 6200.00 SH Sole 6200.00 200.00
Mattel Inc COM 577081102 2201 84260.00 SH Sole 84260.00
McDonald's Corp COM 580135101 526 12800.00 SH Sole 12800.00
Media General Inc COM 584404107 1504 29500.00 SH Sole 29500.00
Merck & Co Inc COM 589331107 5610 76200.00 SH Sole 68000.00 8700.00
Mercury Gen'l Corp COM 589400100 1272 37400.00 SH Sole 22900.00 14500.00
Meredith Corp COM 589433101 1662 48000.00 SH Sole 34000.00 14000.00
Michael Foods Inc COM 594079105 1166 49600.00 SH Sole 37800.00 11800.00
Microsoft Corp COM 594918104 18380203800.00 SH Sole 203800.00
Mobil Corp COM 607059102 6290 63700.00 SH Sole 40700.00 23200.00
Modis Prof Services COM 607830106 2056151600.00 SH Sole 88900.00 62700.00
Mohawk Industries COM 608190104 434 14300.00 SH Sole 600.00 13700.00
Moog Inc -Cl A COM 615394202 230 6700.00 SH Sole 4300.00 2400.00
Morgan J P & Co COM 616880100 1897 13500.00 SH Sole 2700.00 10800.00
Morgan Stanley Dean Witter & C COM 617446448 15114147270.00 SH Sole 101970.00 47000.00
Mueller Industries COM 624756102 2698 79500.00 SH Sole 54700.00 24900.00
Mylan Labs Inc COM 628530107 514 19400.00 SH Sole 1700.00 17700.00
NTL Inc COM 629407107 362 4200.00 SH Sole 4200.00
NVR Inc COM 62944T105 527 10100.00 SH Sole 10100.00 100.00
Nat'l Data Corp COM 635621105 2146 50200.00 SH Sole 32700.00 17500.00
Nat'l Fuel Gas Co COM 636180101 403 8300.00 SH Sole 1900.00 6400.00
Nicor Corp COM 654086107 480 12600.00 SH Sole 12600.00
Noble Drilling Corp COM 655042109 856 43500.00 SH Sole 43500.00
Nortek Inc COM 656559101 911 29100.00 SH Sole 24700.00 4800.00
Northwestern Corp COM 668074107 501 20700.00 SH Sole 13800.00 6900.00
OGE Energy Company COM 670837103 494 20800.00 SH Sole 20800.00
Officemax Inc COM 67622M108 3533294400.00 SH Sole 198800.00 95600.00
Ogden Corp COM 676346109 873 32400.00 SH Sole 4500.00 27900.00
Old Republic Int'l COM 680223104 1018 58800.00 SH Sole 58800.00
Omnicare Inc COM 681904108 313 24800.00 SH Sole 24800.00
Oneok Inc COM 682680103 1248 39300.00 SH Sole 39300.00 300.00
Oregon Steel Mills COM 686079104 566 42500.00 SH Sole 21100.00 21800.00
Orthodontic Centers of America COM 68750P103 475 33600.00 SH Sole 14300.00 19300.00
Outback Steakhouse COM 689899102 743 18900.00 SH Sole 18900.00
Owens Illinois Inc COM 690768403 915 28000.00 SH Sole 21700.00 6300.00
PECO Energy COM 693304107 9120217800.00 SH Sole 153400.00 65500.00
PNC Financial COM 693475105 6610114700.00 SH Sole 85700.00 30100.00
PPG Industries COM 693506107 2764 46800.00 SH Sole 9900.00 38200.00
Paccar Inc COM 693718108 1180 22100.00 SH Sole 22100.00
Pacific Century Finl COM 694058108 1738 80600.00 SH Sole 54800.00 25800.00
Paine Webber Inc COM 695629105 1085 23200.00 SH Sole 23200.00
Parexel International Corp COM 699462107 513 38500.00 SH Sole 38500.00
Park Electrochemical Corp COM 700416209 448 15600.00 SH Sole 11400.00 4300.00
Paxar Corp COM 704227107 548 61700.00 SH Sole 61700.00
Payless Shoesource COM 704379106 3167 59200.00 SH Sole 43600.00 15600.00
Pentair Inc COM 709631105 389 8500.00 SH Sole 1400.00 7100.00
Peoples Energy Corp COM 711030106 584 15500.00 SH Sole 11100.00 4700.00
Peoples Heritage Finl COM 711147108 203 10800.00 SH Sole 10800.00
Pfizer Inc. COM 717081103 2823 25900.00 SH Sole 25900.00
Philip Morris Inc COM 718154107 10638264700.00 SH Sole 198300.00 69900.00
Phillips Pete COM 718507106 4282 85100.00 SH Sole 29400.00 57600.00
Pilgrims Pride Corp Cl B COM 721467108 1020 34000.00 SH Sole 26100.00 8100.00
Pioneer Standard Electronics COM 723877106 912 76000.00 SH Sole 60000.00 16600.00
Plantronics Inc. COM 727493108 1745 26800.00 SH Sole 15200.00 11600.00
Polaris Inds Inc COM 731068102 813 18700.00 SH Sole 16000.00 2800.00
Praxair COM 74005P104 3112 63600.00 SH Sole 51000.00 13000.00
Precision Castparts COM 740189105 480 11300.00 SH Sole 11300.00 200.00
Premark Int'l Inc COM 740459102 3885103600.00 SH Sole 55900.00 47700.00
Prison Realty Corp COM 74264N105 174 17700.00 SH Sole 17700.00 600.00
Procter & Gamble Co COM 742718109 6301 70600.00 SH Sole 70600.00
Protective Life Co COM 743674103 306 9000.00 SH Sole 9000.00
Providian Finl Corp COM 74406A102 648 6950.00 SH Sole 6950.00
Public Service Ent COM 744573106 6746165300.00 SH Sole 165300.00
Public Service New Mexico COM 744499104 1469 73900.00 SH Sole 41900.00 32500.00
Puget Sound Pwr COM 745332106 398 16600.00 SH Sole 16600.00
Pulte Corporation COM 745867101 265 11500.00 SH Sole 11500.00
Quaker Oats Company COM 747402105 4746 71500.00 SH Sole 71500.00
Qualcomm Inc COM 747525103 674 4700.00 SH Sole 3300.00 1400.00
Quanex Corp COM 747620102 504 17700.00 SH Sole 5400.00 12500.00
Quantum Corporation COM 747906105 2118 87800.00 SH Sole 87800.00
Questar Corp COM 748356102 1113 58200.00 SH Sole 43900.00 14300.00
Reliance Group Holdings COM 759464100 188 25300.00 SH Sole 25300.00
Reliant Energy Inc COM 75952J108 3022109400.00 SH Sole 78100.00 31300.00
Republic Group COM 760473108 223 12400.00 SH Sole 12400.00 100.00
Reynolds & Reynolds COM 761695105 3634155900.00 SH Sole 119000.00 36900.00
Richfood Holdings COM 763408101 610 34600.00 SH Sole 34600.00
Roberts Pharmaceutical Co COM 770491108 1654 68900.00 SH Sole 48500.00 20800.00
Rollins Truck Leasing COM 775741101 1372123300.00 SH Sole 123300.00 500.00
Ross Stores Inc COM 778296103 2483 49300.00 SH Sole 48600.00 700.00
Royal Dutch Pet. COM 780257804 5766 95700.00 SH Sole 95700.00
Ryans Family Steak House COM 783519101 1054 90700.00 SH Sole 83700.00 7200.00
Ryland Group COM 783764103 454 15300.00 SH Sole 15300.00 400.00
SBC Communications COM 78387G103 19929343600.00 SH Sole 248100.00 98500.00
SCI Systems Inc COM 783890106 2890 61000.00 SH Sole 49300.00 11700.00
SPS Technologies Inc COM 784626103 1219 32500.00 SH Sole 25200.00 7500.00
Safeskin Corp COM 786454108 170 14200.00 SH Sole 500.00 13700.00
Safeway Inc COM 786514208 4440 89700.00 SH Sole 76900.00 12800.00
Saks Holdings Inc COM 79377W108 1966 68100.00 SH Sole 53000.00 15100.00
Schein, Henry Inc COM 806407102 2389 75400.00 SH Sole 51600.00 23800.00
Schering Plough Corp COM 806605101 4793 91300.00 SH Sole 91300.00
Schwab Charles Corp COM 808513105 283 2600.00 SH Sole 2600.00
Seagate Technology COM 811804103 10037391700.00 SH Sole 263100.00 131300.00
Sears Roebuck COM 812387108 8057180800.00 SH Sole 139300.00 43700.00
Seitel Inc COM 816074306 249 15400.00 SH Sole 15400.00 500.00
Sempra Energy COM 816851109 3179140500.00 SH Sole 80000.00 60500.00
Shared Med Sys Corp COM 819486101 3523 54000.00 SH Sole 39100.00 14900.00
Shaw Industries Inc COM 820286102 331 18900.00 SH Sole 18900.00
Shopko Stores Inc COM 824911101 953 26100.00 SH Sole 26100.00 200.00
Shorewood Packaging COM 825229107 516 28000.00 SH Sole 21100.00 7000.00
Simon Property Group Inc COM 828806109 297 11700.00 SH Sole 11700.00
Smith, A.O. COM 831865209 367 13100.00 SH Sole 13100.00
Smithfield Foods Inc COM 832248108 4561136400.00 SH Sole 114300.00 22100.00
Southdown Inc COM 841297104 655 10200.00 SH Sole 10200.00
Southern Company COM 842587107 2708102200.00 SH Sole 94300.00 7900.00
Southtrust Corp COM 844730101 1312 34200.00 SH Sole 34200.00
Sovereign Bancorp COM 845905108 145 12000.00 SH Sole 12000.00
Spring Inds Inc COM 851783100 301 6900.00 SH Sole 6900.00 200.00
Sprint COM 852061100 2984 56300.00 SH Sole 56300.00
Sterling Software Inc COM 859547101 4798181500.00 SH Sole 108800.00 72700.00
Student Loan Corp COM 863902102 254 5700.00 SH Sole 5700.00 100.00
Suiza Foods Corp COM 865077101 3270 78100.00 SH Sole 57300.00 20800.00
Sungard Data Systems COM 867363103 1425 41300.00 SH Sole 41300.00
Superior Telecom Inc COM 868365107 282 11300.00 SH Sole 11300.00 100.00
Supervalu Inc COM 868536103 1475 57000.00 SH Sole 57000.00
Symantec COM 871503108 3646143000.00 SH Sole 105800.00 37200.00
Systemax, Inc. COM 871851101 130 10500.00 SH Sole 10500.00
TCA Cable TV COM 872241104 2686 48400.00 SH Sole 33200.00 15200.00
TJX Companies Inc COM 872540109 286 8600.00 SH Sole 8600.00
Tandy Corp COM 875382103 479 9800.00 SH Sole 9800.00
Tech Data COM 878237106 2609 68200.00 SH Sole 58100.00 10100.00
Tecumseh Products COM 878895200 1920 31700.00 SH Sole 27300.00 4700.00
Tenet Healthcare Inc COM 88033G100 807 43500.00 SH Sole 43500.00
Terex Corp New COM 880779103 2240 73600.00 SH Sole 51700.00 21900.00
Tesoro Pete Corp COM 881609101 934 58600.00 SH Sole 58600.00 300.00
Texaco Inc COM 881694103 9369150200.00 SH Sole 93800.00 58100.00
Texas Industries Inc. COM 882491103 930 24000.00 SH Sole 800.00 23200.00
Texas Instruments COM 882508104 3442 23900.00 SH Sole 23900.00
Thermo Instr Sys Inc COM 883559106 357 22300.00 SH Sole 22300.00
Thomas & Betts Corp COM 884315102 2107 44600.00 SH Sole 29600.00 15000.00
Tidewater Inc COM 886423102 287 9400.00 SH Sole 9400.00
Time Warner, Inc COM 887315109 3377 46500.00 SH Sole 46500.00
Tosco Corp COM 891490302 700 27000.00 SH Sole 27000.00
Toys 'r' Us COM 892335100 377 18200.00 SH Sole 500.00 17700.00
Trans World Entmt Corp COM 89336Q100 1948173200.00 SH Sole 133700.00 39700.00
Transocean Offshore COM G90076103 1152 43900.00 SH Sole 12600.00 31300.00
Tribune Co New COM 896047107 5715 65600.00 SH Sole 53600.00 12400.00
Trinity Indust Inc COM 896522109 1521 45400.00 SH Sole 45400.00 300.00
Tupperware Corp COM 899896104 4952194200.00 SH Sole 146800.00 47400.00
Tyco Intl Ltd COM 902124106 1383 14600.00 SH Sole 14600.00
Tyson Food Inc COM 902494103 1474 65500.00 SH Sole 65500.00
U S Bancorp Inc. COM 917292104 263 16700.00 SH Sole 16700.00
U.S. Bancorp COM 902973106 998 29900.00 SH Sole 3100.00 27100.00
U.S. Cellular COM 911684108 1257 23500.00 SH Sole 19900.00 3600.00
U.S. Freightways COM 916906100 389 8400.00 SH Sole 8400.00 100.00
USG Corp COM 903293405 2654 47400.00 SH Sole 47400.00
USX-Marathon Group COM 902905827 1384 42500.00 SH Sole 18900.00 23600.00
USX-US Steel Group COM 90337T101 405 15000.00 SH Sole 15000.00
Ultramar Diamond Shamrock COM 904000106 870 39900.00 SH Sole 11900.00 28000.00
Union Carbide COM 905581104 643 13200.00 SH Sole 6000.00 8200.00
Union Pacific Corp COM 907818108 1761 30200.00 SH Sole 30200.00
Unisys Corp COM 909214108 580 14900.00 SH Sole 14900.00
United Illuminating COM 910637107 416 9800.00 SH Sole 9800.00 100.00
United Stationers Inc COM 913004107 4420200900.00 SH Sole 158700.00 42500.00
United Tech Co COM 913017109 432 6000.00 SH Sole 6000.00
Universal Corp Va COM 913456109 1948 68500.00 SH Sole 56300.00 12500.00
Utilicorp COM 918005109 3054125600.00 SH Sole 61400.00 64200.00
Valspar Corporation COM 920355104 471 12400.00 SH Sole 12400.00
Varian Medical Systems COM 92220P105 3123123700.00 SH Sole 89200.00 34500.00
Varlen Corp COM 922248109 593 14650.00 SH Sole 11550.00 3200.00
Vastar Resources COM 922380100 776 14800.00 SH Sole 13000.00 1800.00
Viacom Class B COM 925524308 2570 58400.00 SH Sole 38400.00 20000.00
Vishay Intertechnology COM 928298108 2719129456.25 SH Sole 70706.25 59000.00
Vodafone Airtouch PLC-ADR COM 92857T107 936 4750.00 SH Sole 4750.00
Wal-Mart Stores COM 931142103 5187107500.00 SH Sole 107500.00
Wallace Computer Svc COM 932270101 1245 49800.00 SH Sole 49800.00
Warnaco Grp Inc -Cl A COM 934390105 2279 85200.00 SH Sole 48900.00 36300.00
Warner-Lambert Co COM 934488107 1376 19900.00 SH Sole 19900.00
Waste Management Inc COM 94106L109 349 6500.00 SH Sole 6500.00
Webb Del E Corp COM 947423109 511 21400.00 SH Sole 21400.00 200.00
Wellpoint Health Network COM 94973H108 620 7300.00 SH Sole 7300.00
Wisconsin Central Transpor COM 976592105 479 25400.00 SH Sole 25400.00
World Access Inc. COM 98141A101 548 38800.00 SH Sole 19400.00 19400.00
Worthington Inds COM 981811102 2040124100.00 SH Sole 107900.00 16200.00
Xerox Corp COM 984121103 992 16800.00 SH Sole 16800.00
Xtra Corporation COM 984138107 322 7000.00 SH Sole 7000.00 100.00
Yahoo Inc COM 984332106 723 4200.00 SH Sole 4200.00
York Int'l Corp COM 986670107 792 18500.00 SH Sole 3500.00 15000.00
Zale Corp COM 988858106 4176104400.00 SH Sole 82400.00 22200.00
Zions Bancorporation COM 989701107 470 7400.00 SH Sole 7400.00
</TABLE>
