<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 6/30/99
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Check here if Amendment [ ]; Amendment Number: ______
This Amendment (Check only one): [ ] is a restatement
[ ] adds new holding entries.
Institutional Investment Manager Filing this Report:
Name: Boston Partners Asset Management, L.P.
Address: 28 State Street, 20th Floor
Boston, MA 02109
Form 13F File Number: 28-5082
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: William J. Kelly
Title: Treasurer
Phone: (617) 832-8200
Signature, Place, and Date of Signing:
/s/ William J. Kelly Boston, MA August 13, 1999
- --------------------- ---------- ---------------
Report Type (Check only one.):
[ X ] 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).)
[ ] 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).)
<PAGE> 2
FORM 13F SUMMARY PAGE
REPORT SUMMARY:
Number of Other Included Managers: 2
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Form 13F Information Table Entry Total: 762
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Form 13F Information Table Value Total: $ 9,610,002
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(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.
<TABLE>
<CAPTION>
No. Form 13F File Number Name
- --- -------------------- ----
<S> <C> <C>
01 28-unknown Liberty Asset Management Company
02 28-unknown SEI Investments Management Corporation
</TABLE>
<PAGE> 3
<TABLE>
<CAPTION>
VOTING AUTHORITY
TITLE VALUE SHRS OR SH/ PUT/INVESTMENT OTHER
NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AMR CORP DEL COM 001765106 23342 342000 SH SOLE 172000 16400 153600
AMR CORP DEL COM 001765106 280 4100 SH DEFINED 4100 0 0
AT&T CORP COM 001957109 13957 250062 SH DEFINED 02 250062 0 0
AT&T CORP COM 001957109 117419 2103810 SH SOLE 1054385 100710 948715
AT&T CORP COM 001957109 1386 24839 SH DEFINED 24839 0 0
ABBOTT LABS COM 002824100 41364 911600 SH SOLE 441900 46500 423200
ABBOTT LABS COM 002824100 458 10100 SH DEFINED 10100 0 0
ABRAXAS PETE CORP COM 003830106 16 13200 SH SOLE 13200 0 0
ABRAXAS PETE CORP COM 003830106 1 1200 SH DEFINED 1200 0 0
ABITIBI-CONSOLIDATED INC COM 003924107 9866 867300 SH SOLE 693700 173600 0
ABITIBI-CONSOLIDATED INC COM 003924107 1577 138600 SH DEFINED 138600 0 0
ADAPTEC INC COM 00651F108 8023 227200 SH SOLE 193600 33600 0
ADAPTEC INC COM 00651F108 643 18200 SH DEFINED 18200 0 0
ADAPTEC INC SBNTCV04 00651FAC2 99 105000 SH DEFINED 105000 0 0
ADAPTEC INC SBNTCV04 00651FAC2 4432 4690000 SH SOLE 3840000 0 850000
AETNA INC COM 008117103 7271 81300 SH DEFINED 02 81300 0 0
AETNA INC COM 008117103 115164 1287650 SH SOLE 776650 55100 455900
AETNA INC COM 008117103 1207 13500 SH DEFINED 13500 0 0
AGRIBRANDS INTL INC COM 00849R105 24 600 SH DEFINED 600 0 0
AGRIBRANDS INTL INC COM 00849R105 5982 151200 SH SOLE 142200 5500 3500
AGRIUM INC COM 008916108 9788 1110700 SH SOLE 1043800 40000 26900
AIRGAS INC COM 009363102 1622 132400 SH DEFINED 01 132400 0 0
AIRGAS INC COM 009363102 4905 400400 SH SOLE 344100 40500 15800
AIRGAS INC COM 009363102 31 2500 SH DEFINED 2500 0 0
ALBERTSONS INC COM 013104104 23903 463580 SH SOLE 233504 22113 207963
ALBERTSONS INC COM 013104104 267 5174 SH DEFINED 5174 0 0
ALCOA INC COM 013817101 8389 135575 SH DEFINED 02 135575 0 0
ALCOA INC COM 013817101 47040 760250 SH SOLE 385150 36500 338600
ALCOA INC COM 013817101 569 9200 SH DEFINED 9200 0 0
ALLIANT TECHSYSTEMS INC COM 018804104 1704 19696 SH DEFINED 01 19696 0 0
ALLIANT TECHSYSTEMS INC COM 018804104 4983 57611 SH SOLE 50610 5738 1263
ALLIANT TECHSYSTEMS INC COM 018804104 10 111 SH DEFINED 111 0 0
ALLIED SIGNAL INC COM 019512102 14504 230225 SH DEFINED 02 230225 0 0
</TABLE>
<PAGE> 4
<TABLE>
<CAPTION>
VOTING AUTHORITY
TITLE VALUE SHRS OR SH/ PUT/INVESTMENT OTHER
NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ALLIED SIGNAL INC COM 019512102 103044 1635625 SH SOLE 823225 67700 744700
ALLIED SIGNAL INC COM 019512102 1266 20100 SH DEFINED 20100 0 0
ALLMERICA FINL CORP COM 019754100 5344 87875 SH DEFINED 02 87875 0 0
ALLMERICA FINL CORP COM 019754100 175081 2879033 SH SOLE 1881507 249326 748200
ALLMERICA FINL CORP COM 019754100 6469 106380 SH DEFINED 106380 0 0
ALLSTATE CORP COM 020002101 5362 149475 SH DEFINED 02 149475 0 0
ALLSTATE CORP COM 020002101 76729 2138800 SH SOLE 1232100 98600 808100
ALLSTATE CORP COM 020002101 764 21300 SH DEFINED 21300 0 0
ALLTEL CORP COM 020039103 19720 275800 SH SOLE 129000 12400 134400
ALLTEL CORP COM 020039103 243 3400 SH DEFINED 3400 0 0
AMBAC FINL GROUP INC COM 023139108 9723 170200 SH SOLE 117300 10300 42600
AMBAC FINL GROUP INC COM 023139108 220 3856 SH DEFINED 3856 0 0
AMCOR LTD PRIDES 7 02341R401 194 4000 SH DEFINED 4000 0 0
AMCOR LTD PRIDES 7 02341R401 7320 150935 SH SOLE 150935 0 0
AMEREN CORP COM 023608102 7061 184000 SH SOLE 173000 6500 4500
AMERICAN CAP STRATEGIES LTD COM 024937104 13 700 SH DEFINED 700 0 0
AMERICAN CAP STRATEGIES LTD COM 024937104 3878 212500 SH SOLE 199300 7900 5300
AMERICAN EXPRESS CO COM 025816109 4958 38100 SH SOLE 0 0 38100
AMERICAN HOME PRODS CORP COM 026609107 5261 91700 SH DEFINED 02 91700 0 0
AMERICAN HOME PRODS CORP COM 026609107 53760 937000 SH SOLE 470800 44500 421700
AMERICAN HOME PRODS CORP COM 026609107 666 11600 SH DEFINED 11600 0 0
AMERICAN INTL GROUP INC COM 026874107 103271 880775 SH SOLE 438475 41100 401200
AMERICAN INTL GROUP INC COM 026874107 1208 10300 SH DEFINED 10300 0 0
AMERITECH CORP NEW COM 030954101 85811 1167500 SH SOLE 576800 54700 536000
AMERITECH CORP NEW COM 030954101 1132 15400 SH DEFINED 15400 0 0
AMWAY JAPAN LTD COM 03234J100 212 42300 SH SOLE 42300 0 0
AMWAY JAPAN LTD COM 03234J100 19 3800 SH DEFINED 3800 0 0
ANDREW CORP COM 034425108 2040 107700 SH DEFINED 01 107700 0 0
ANDREW CORP COM 034425108 6960 367500 SH SOLE 322500 32700 12300
ANDREW CORP COM 034425108 30 1600 SH DEFINED 1600 0 0
ANHEUSER BUSCH COS INC COM 035229103 45691 644100 SH SOLE 355700 34700 253700
ANHEUSER BUSCH COS INC COM 035229103 603 8500 SH DEFINED 8500 0 0
ANNALY MTG MGMT INC COM 035710409 20 1800 SH DEFINED 1800 0 0
</TABLE>
<PAGE> 5
<TABLE>
<CAPTION>
VOTING AUTHORITY
TITLE VALUE SHRS OR SH/ PUT/INVESTMENT OTHER
NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ANNALY MTG MGMT INC COM 035710409 3249 288800 SH SOLE 271200 10500 7100
ANTHRACITE CAP INC COM 037023108 3571 544200 SH SOLE 525700 4600 13900
APPLE COMPUTER INC COM 037833100 30413 656700 SH SOLE 549000 107700 0
APPLE COMPUTER INC COM 037833100 2746 59300 SH DEFINED 59300 0 0
ARKANSAS BEST CORP DEL COM 040790107 150 15100 SH SOLE 15100 0 0
ARKANSAS BEST CORP DEL COM 040790107 22 2200 SH DEFINED 2200 0 0
ASARCO INC COM 043413103 1268 67400 SH DEFINED 01 67400 0 0
ASARCO INC COM 043413103 3746 199100 SH SOLE 171100 20500 7500
ASARCO INC COM 043413103 19 1000 SH DEFINED 1000 0 0
ASIA TIGERS FD INC COM 04516T105 2181 229600 SH SOLE 213200 9700 6700
ASSOCIATED ESTATES RLTY CORP COM 045604105 1554 131532 SH SOLE 123532 4800 3200
ASTORIA FINL CORP COM 046265104 36281 825750 SH SOLE 678155 147595 0
ASTORIA FINL CORP COM 046265104 3318 75515 SH DEFINED 75515 0 0
ASTRAZENECA PLC COM 046353108 16976 433209 SH SOLE 407300 15164 10745
AURORA FOODS INC COM 05164B106 3953 225900 SH DEFINED 01 225900 0 0
AURORA FOODS INC COM 05164B106 37742 2156700 SH SOLE 1807800 322100 26800
AURORA FOODS INC COM 05164B106 2625 150000 SH DEFINED 150000 0 0
AVALONBAY CMNTYS INC COM 053484101 9317 251800 SH SOLE 136200 13200 102400
AVALONBAY CMNTYS INC COM 053484101 144 3900 SH DEFINED 3900 0 0
AVERY DENNISON CORP COM 053611109 392 6500 SH SOLE 6500 0 0
BCE INC COM 05534B109 64249 1302900 SH SOLE 823300 77000 402600
BCE INC COM 05534B109 863 17500 SH DEFINED 17500 0 0
BJS WHSL CLUB INC COM 05548J106 8201 272800 SH DEFINED 01 272800 0 0
BJS WHSL CLUB INC COM 05548J106 124113 4128500 SH SOLE 3014200 451300 663000
BJS WHSL CLUB INC COM 05548J106 5917 196822 SH DEFINED 196822 0 0
BP AMOCO P L C COM 055622104 396 3654 SH SOLE 3654 0 0
BAKER FENTRESS & CO COM 057213100 17440 917909 SH SOLE 861776 33309 22824
BALL CORP COM 058498106 3266 77300 SH DEFINED 01 77300 0 0
BALL CORP COM 058498106 9477 224300 SH SOLE 195600 23500 5200
BALL CORP COM 058498106 51 1200 SH DEFINED 1200 0 0
BANK OF AMER CORP COM 060505104 5218 71175 SH DEFINED 02 71175 0 0
BANK OF AMER CORP COM 060505104 39642 540725 SH SOLE 271725 25800 243200
BANK OF AMER CORP COM 060505104 477 6500 SH DEFINED 6500 0 0
</TABLE>
<PAGE> 6
<TABLE>
<CAPTION>
VOTING AUTHORITY
TITLE VALUE SHRS OR SH/ PUT/INVESTMENT OTHER
NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
BARD C R INC COM 067383109 58159 1216400 SH SOLE 1092300 105000 19100
BARD C R INC COM 067383109 2080 43500 SH DEFINED 43500 0 0
BECTON DICKINSON & CO COM 075887109 357 11900 SH DEFINED 02 11900 0 0
BECTON DICKINSON & CO COM 075887109 5907 196900 SH SOLE 95700 4900 96300
BECTON DICKINSON & CO COM 075887109 102 3400 SH DEFINED 3400 0 0
BELL & HOWELL CO NEW COM 077852101 1789 47300 SH DEFINED 01 47300 0 0
BELL & HOWELL CO NEW COM 077852101 5180 137000 SH SOLE 118100 14100 4800
BELL & HOWELL CO NEW COM 077852101 26 700 SH DEFINED 700 0 0
BELL ATLANTIC CORP COM 077853109 68846 1053100 SH SOLE 508000 48000 497100
BELL ATLANTIC CORP COM 077853109 765 11700 SH DEFINED 11700 0 0
BERRY PETE CO COM 085789105 3429 246000 SH DEFINED 01 246000 0 0
BERRY PETE CO COM 085789105 10087 723700 SH SOLE 614000 79000 30700
BERRY PETE CO COM 085789105 45 3200 SH DEFINED 3200 0 0
BETHLEHEM STL CORP COM 087509105 2874 373800 SH DEFINED 01 373800 0 0
BETHLEHEM STL CORP COM 087509105 8445 1098500 SH SOLE 946600 112300 39600
BETHLEHEM STL CORP COM 087509105 43 5600 SH DEFINED 5600 0 0
BLOCK H & R INC COM 093671105 10880 217600 SH SOLE 204100 8000 5500
BOWNE & CO INC DEL COM 103043105 708 52900 SH DEFINED 01 52900 0 0
BOWNE & CO INC DEL COM 103043105 23 1700 SH DEFINED 1700 0 0
BOWNE & CO INC DEL COM 103043105 8409 628700 SH SOLE 576500 33900 18300
BOYDS COLLECTION LTD COM 103354106 2550 147300 SH DEFINED 01 147300 0 0
BOYDS COLLECTION LTD COM 103354106 7541 435600 SH SOLE 376200 43900 15500
BOYDS COLLECTION LTD COM 103354106 38 2200 SH DEFINED 2200 0 0
BRADY CORP COM 104674106 4628 142400 SH SOLE 133700 5100 3600
BRISTOL MYERS SQUIBB CO COM 110122108 6635 94200 SH SOLE 500 0 93700
BUILDING ONE SVCS CORP COM 120114103 17 1200 SH DEFINED 1200 0 0
BUILDING ONE SVCS CORP COM 120114103 7534 542998 SH SOLE 510018 19482 13498
BURLINGTON COAT FACTORY WHSE COM 121579106 2036 105400 SH DEFINED 01 105400 0 0
BURLINGTON COAT FACTORY WHSE COM 121579106 6860 355200 SH SOLE 311700 31400 12100
BURLINGTON COAT FACTORY WHSE COM 121579106 31 1600 SH DEFINED 1600 0 0
BURLINGTON INDS INC NEW COM 121693105 4192 453200 SH SOLE 428300 14800 10100
BURLINGTON INDS INC NEW COM 121693105 14 1500 SH DEFINED 1500 0 0
CIGNA CORP COM 125509109 12026 135125 SH DEFINED 02 135125 0 0
</TABLE>
<PAGE> 7
<TABLE>
<CAPTION>
VOTING AUTHORITY
TITLE VALUE SHRS OR SH/ PUT/INVESTMENT OTHER
NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
CIGNA CORP COM 125509109 73354 824200 SH SOLE 412900 38700 372600
CIGNA CORP COM 125509109 1050 11800 SH DEFINED 11800 0 0
CNA FINL CORP COM 126117100 13863 343900 SH SOLE 325200 11000 7700
CNA FINL CORP COM 126117100 2169 53800 SH DEFINED 53800 0 0
CNA SURETY CORP COM 12612L108 2519 164500 SH DEFINED 01 164500 0 0
CNA SURETY CORP COM 12612L108 52 3400 SH DEFINED 3400 0 0
CNA SURETY CORP COM 12612L108 7450 486500 SH SOLE 419500 50000 17000
CADILLAC FAIRVIEW CORP COM 126929207 7129 377700 SH SOLE 354200 14000 9500
CADENCE DESIGNS SYS INC COM 127387108 6282 497600 SH SOLE 468600 17200 11800
CADENCE DESIGNS SYS INC COM 127387108 10 800 SH DEFINED 800 0 0
CAMDEN PPTY TR COM 133131102 3183 114700 SH SOLE 107400 4500 2800
CANADIAN 88 ENERGY CORP COM 13566G509 29 10100 SH SOLE 10100 0 0
CANADIAN 88 ENERGY CORP COM 13566G509 14 5000 SH DEFINED 5000 0 0
CAPITAL AUTOMOTIVE REIT COM 139733109 16 1200 SH DEFINED 1200 0 0
CAPITAL AUTOMOTIVE REIT COM 139733109 3746 282700 SH SOLE 267200 9300 6200
CENTEX CONSTR PRODS INC COM 15231R109 3256 95400 SH SOLE 88800 4000 2600
CENTEX CONSTR PRODS INC COM 15231R109 7 200 SH DEFINED 200 0 0
CENTRAL & SOUTH WEST CORP COM 152357109 6437 275400 SH SOLE 259100 9600 6700
CENTURY ALUM CO COM 156431108 651 105200 SH SOLE 105200 0 0
CHAMPION ENTERPRISES INC COM 158496109 17938 963100 SH SOLE 906000 33800 23300
CHAMPION ENTERPRISES INC COM 158496109 9 500 SH DEFINED 500 0 0
CHEMED CORP COM 163596109 5520 166000 SH SOLE 155700 6200 4100
CHEVRON CORP COM 166751107 6588 69300 SH SOLE 19500 3300 46500
CHIRON CORP COM 170040109 7123 343300 SH SOLE 322800 12100 8400
CHRIS CRAFT INDS INC COM 170520100 32320 685833 SH SOLE 449181 32647 204005
CHRIS CRAFT INDS INC COM 170520100 236 5012 SH DEFINED 5012 0 0
CHUBB CORP COM 171232101 48574 698900 SH SOLE 352300 33200 313400
CHUBB CORP COM 171232101 591 8500 SH DEFINED 8500 0 0
CHURCH & DWIGHT INC COM 171340102 1266 29100 SH DEFINED 01 29100 0 0
CHURCH & DWIGHT INC COM 171340102 3702 85100 SH SOLE 72800 8300 4000
CHURCH & DWIGHT INC COM 171340102 13 300 SH DEFINED 300 0 0
CITIGROUP INC COM 172967101 161834 3407037 SH SOLE 1709387 161750 1535900
CITIGROUP INC COM 172967101 2092 44050 SH DEFINED 44050 0 0
</TABLE>
<PAGE> 8
<TABLE>
<CAPTION>
VOTING AUTHORITY
TITLE VALUE SHRS OR SH/ PUT/INVESTMENT OTHER
NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
CLAYTON HOMES INC COM 184190106 242 21125 SH SOLE 21125 0 0
COAST FED LITIGATION CONTIGE COM 19034Q110 21 20000 SH SOLE 20000 0 0
COMMERCIAL FEDERAL CORP COM 201647104 770 33200 SH SOLE 33200 0 0
COMMERCIAL NET LEASE RLTY COM 202218103 725 56336 SH SOLE 52636 2200 1500
COMPASS BANCSHARES INC COM 20449H109 356 13050 SH SOLE 13050 0 0
COMPUTER ASSOCIATE INTL INC COM 204912109 14180 259000 SH DEFINED 02 259000 0 0
COMPUTER ASSOCIATE INTL INC COM 204912109 105962 1935375 SH SOLE 977675 93100 864600
COMPUTER ASSOCIATE INTL INC COM 204912109 1199 21900 SH DEFINED 21900 0 0
CONOCO INC COM 208251306 13696 491325 SH DEFINED 02 491325 0 0
CONOCO INC COM 208251306 82284 2951900 SH SOLE 1677400 135300 1139200
CONOCO INC COM 208251306 839 30100 SH DEFINED 30100 0 0
CONSOLIDATED EDISON INC COM 209115104 11672 257950 SH DEFINED 02 257950 0 0
CONSOLIDATED EDISON INC COM 209115104 30164 666600 SH SOLE 332100 31300 303200
CONSOLIDATED EDISON INC COM 209115104 317 7000 SH DEFINED 7000 0 0
COOPER TIRE & RUBR CO COM 216831107 18210 770800 SH SOLE 629600 141200 0
COOPER TIRE & RUBR CO COM 216831107 1881 79600 SH DEFINED 79600 0 0
COUNTRYWIDE CR INDS INC COM 222372104 25077 586600 SH SOLE 294800 28000 263800
COUNTRYWIDE CR INDS INC COM 222372104 299 7000 SH DEFINED 7000 0 0
CRANE CO COM 224399105 37514 1193300 SH SOLE 990500 202800 0
CRANE CO COM 224399105 3703 117800 SH DEFINED 117800 0 0
CRESCENT R E EQUITIES INC PFD CNV 225756204 173 10100 SH DEFINED 10100 0 0
CRESCENT R E EQUITIES INC PFD CNV 225756204 5775 337200 SH SOLE 337200 0 0
CROWN CORK & SEAL INC COM 228255105 9186 322300 SH SOLE 267300 55000 0
CROWN CORK & SEAL INC COM 228255105 901 31600 SH DEFINED 31600 0 0
CURATIVE HEALTH SVCS INC COM 231264102 90 16300 SH SOLE 16300 0 0
CURATIVE HEALTH SVCS INC COM 231264102 8 1500 SH DEFINED 1500 0 0
CYPRESS SEMICONDUCTOR CORP COM 232806109 3192 186400 SH DEFINED 01 186400 0 0
CYPRESS SEMICONDUCTOR CORP COM 232806109 10946 639200 SH SOLE 562300 55700 21200
CYPRESS SEMICONDUCTOR CORP COM 232806109 65 3800 SH DEFINED 3800 0 0
CYTEC INDS INC COM 232820100 2863 90900 SH DEFINED 01 90900 0 0
CYTEC INDS INC COM 232820100 9393 298200 SH SOLE 260600 27600 10000
CYTEC INDS INC COM 232820100 57 1800 SH DEFINED 1800 0 0
DII GROUP INC COM 232949107 5037 135000 SH DEFINED 01 135000 0 0
</TABLE>
<PAGE> 9
<TABLE>
<CAPTION>
VOTING AUTHORITY
TITLE VALUE SHRS OR SH/ PUT/INVESTMENT OTHER
NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
DII GROUP INC COM 232949107 16682 447100 SH SOLE 392300 39600 15200
DII GROUP INC COM 232949107 75 2000 SH DEFINED 2000 0 0
D R HORTON INC COM 23331A102 2221 133600 SH DEFINED 01 133600 0 0
D R HORTON INC COM 23331A102 24091 1449100 SH SOLE 1206800 227100 15200
D R HORTON INC COM 23331A102 1180 71000 SH DEFINED 71000 0 0
DAL-TILE INTL INC COM 23426R108 2427 213400 SH DEFINED 01 213400 0 0
DAL-TILE INTL INC COM 23426R108 8170 718200 SH SOLE 629000 64900 24300
DAL-TILE INTL INC COM 23426R108 36 3200 SH DEFINED 3200 0 0
DANA CORP COM 235811106 318 6900 SH SOLE 1500 0 5400
DEAN FOODS CO COM 242361103 2918 70200 SH DEFINED 01 70200 0 0
DEAN FOODS CO COM 242361103 8541 205500 SH SOLE 176500 20700 8300
DEAN FOODS CO COM 242361103 46 1100 SH DEFINED 1100 0 0
DELUXE CORP COM 248019101 18153 467700 SH SOLE 440000 16400 11300
DELUXE CORP COM 248019101 16 400 SH DEFINED 400 0 0
DEVON ENERGY CORP COM 251799102 5071 141600 SH DEFINED 01 141600 0 0
DEVON ENERGY CORP COM 251799102 34144 953400 SH SOLE 811000 126200 16200
DEVON ENERGY CORP COM 251799102 1826 51000 SH DEFINED 51000 0 0
DEXTER CORP COM 252165105 2624 64300 SH DEFINED 01 64300 0 0
DEXTER CORP COM 252165105 7554 185100 SH SOLE 161300 19600 4200
DEXTER CORP COM 252165105 41 1000 SH DEFINED 1000 0 0
DIAMOND OFFSHORE DRILLNG INC COM 25271C102 9809 345700 SH SOLE 283800 61900 0
DIAMOND OFFSHORE DRILLNG INC COM 25271C102 928 32700 SH DEFINED 32700 0 0
DILLARDS INC COM 254067101 885 25200 SH SOLE 25200 0 0
DIME BANCORP INC NEW COM 25429Q102 12385 615400 SH SOLE 501800 113600 0
DIME BANCORP INC NEW COM 25429Q102 1218 60500 SH DEFINED 60500 0 0
DOMTAR INC COM 257561100 3296 346900 SH DEFINED 01 346900 0 0
DOMTAR INC COM 257561100 9118 959800 SH SOLE 822500 98000 39300
DOMTAR INC COM 257561100 49 5200 SH DEFINED 5200 0 0
DOW CHEM CO COM 260543103 49792 392450 SH SOLE 196850 18600 177000
DOW CHEM CO COM 260543103 596 4700 SH DEFINED 4700 0 0
DRESS BARN INC COM 261570105 4461 278800 SH SOLE 262200 9800 6800
DRESS BARN INC COM 261570105 22 1400 SH DEFINED 1400 0 0
DUN & BRADSTREET CORP DEL COM 26483B106 10869 306700 SH SOLE 289300 10100 7300
</TABLE>
<PAGE> 10
<TABLE>
<CAPTION>
VOTING AUTHORITY
TITLE VALUE SHRS OR SH/ PUT/INVESTMENT OTHER
NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
DURA AUTOMOTIVE SYS INC COM 265903104 2537 76300 SH DEFINED 01 76300 0 0
DURA AUTOMOTIVE SYS INC COM 265903104 7947 239000 SH SOLE 208900 21400 8700
DURA AUTOMOTIVE SYS INC COM 265903104 37 1100 SH DEFINED 1100 0 0
EAST WEST BANCORP INC COM 27579R104 15152 1505800 SH SOLE 1420100 51600 34100
EDISON INTL COM 281020107 15397 575600 SH SOLE 541300 20300 14000
EL PASO ELEC CO COM 283677854 4871 545000 SH DEFINED 01 545000 0 0
EL PASO ELEC CO COM 283677854 87 9700 SH DEFINED 9700 0 0
EL PASO ELEC CO COM 283677854 14079 1575300 SH SOLE 1352100 160500 62700
EL PASO ENERGY CORP DEL COM 283905107 4327 122975 SH DEFINED 02 122975 0 0
EL PASO ENERGY CORP DEL COM 283905107 46923 1333500 SH SOLE 660600 61400 611500
EL PASO ENERGY CORP DEL COM 283905107 496 14100 SH DEFINED 14100 0 0
ELF AQUITAINE COM 286269105 9756 132625 SH DEFINED 02 132625 0 0
ELF AQUITAINE COM 286269105 38080 517660 SH SOLE 293987 33300 190373
ELF AQUITAINE COM 286269105 601 8170 SH DEFINED 8170 0 0
EMERSON ELEC CO COM 291011104 24999 397200 SH SOLE 204600 18900 173700
EMERSON ELEC CO COM 291011104 296 4700 SH DEFINED 4700 0 0
ENRON OIL & GAS CO COM 293562104 24367 1203300 SH SOLE 1043400 148000 11900
ENRON OIL & GAS CO COM 293562104 1371 67700 SH DEFINED 67700 0 0
EQUITY INNS INC COM 294703103 2874 310704 SH SOLE 290904 11700 8100
EQUITY OFFICE PPTYS TR COM 294741103 13556 529000 SH SOLE 308000 27600 193400
EQUITY OFFICE PPTYS TR COM 294741103 169 6600 SH DEFINED 6600 0 0
EQUITY OFFICE PPTYS TR PFD CV B 294741509 149 3500 SH DEFINED 3500 0 0
EQUITY OFFICE PPTYS TR PFD CV B 294741509 11739 275400 SH SOLE 275400 0 0
EQUITY RESIDENTIAL PPTYS TR COM 29476L107 12798 284000 SH SOLE 154000 15000 115000
EQUITY RESIDENTIAL PPTYS TR COM 29476L107 176 3900 SH DEFINED 3900 0 0
EQUITY RESIDENTIAL PPTYS TR DEP REP 29476L85 131 5500 SH DEFINED 5500 0 0
EQUITY RESIDENTIAL PPTYS TR DEP REP 29476L85 8592 360800 SH SOLE 360800 0 0
EVEREST REINS HLDGS INC COM 299808105 69203 2121150 SH SOLE 1259950 162700 698500
EVEREST REINS HLDGS INC COM 299808105 2156 66092 SH DEFINED 66092 0 0
EXPEDITORS INTL WASH INC COM 302130109 12094 443800 SH SOLE 417200 15600 11000
FAB INDS INC COM 302747100 532 35764 SH SOLE 33464 1400 900
FEDERAL HOME LN MTG CORP COM 313400301 9703 167300 SH DEFINED 02 167300 0 0
FEDERAL HOME LN MTG CORP COM 313400301 151821 2617600 SH SOLE 1656600 113900 847100
</TABLE>
<PAGE> 11
<TABLE>
<CAPTION>
VOTING AUTHORITY
TITLE VALUE SHRS OR SH/ PUT/INVESTMENT OTHER
NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
FEDERAL HOME LN MTG CORP COM 313400301 1531 26400 SH DEFINED 26400 0 0
FEDERAL MOGUL CORP COM 313549107 60791 1169050 SH SOLE 971250 197800 0
FEDERAL MOGUL CORP COM 313549107 5951 114433 SH DEFINED 114433 0 0
FEDERAL NATL MTG ASSN COM 313586109 7760 113700 SH SOLE 107000 4000 2700
FEDERATED DEPT STORES INC DE COM 31410H101 10548 199250 SH DEFINED 02 199250 0 0
FEDERATED DEPT STORES INC DE COM 31410H101 50762 958900 SH SOLE 487200 45100 426600
FEDERATED DEPT STORES INC DE COM 31410H101 603 11400 SH DEFINED 11400 0 0
FINL SEC ASSURN HLDGS LTD COM 31769P100 11216 215700 SH SOLE 203000 7500 5200
FINL SEC ASSURN HLDGS LTD COM 31769P100 10 200 SH DEFINED 200 0 0
FIRST HEALTH GROUP CORP COM 320960107 9485 439900 SH SOLE 413600 15600 10700
FLEET FINL GROUP INC NEW COM 338915101 14549 327875 SH DEFINED 02 327875 0 0
FLEET FINL GROUP INC NEW COM 338915101 63416 1429100 SH SOLE 721900 67800 639400
FLEET FINL GROUP INC NEW COM 338915101 754 17000 SH DEFINED 17000 0 0
FOOTSTAR INC COM 344912100 3838 103200 SH DEFINED 01 103200 0 0
FOOTSTAR INC COM 344912100 12224 328700 SH SOLE 287600 30900 10200
FOOTSTAR INC COM 344912100 93 2500 SH DEFINED 2500 0 0
FORD MTR CO DEL COM 345370100 13717 243050 SH DEFINED 02 243050 0 0
FORD MTR CO DEL COM 345370100 127976 2267575 SH SOLE 1261275 104300 902000
FORD MTR CO DEL COM 345370100 1343 23800 SH DEFINED 23800 0 0
FOUNDATION HEALTH SYS INC COM 350404109 15947 1063100 SH SOLE 884200 178900 0
FOUNDATION HEALTH SYS INC COM 350404109 1553 103500 SH DEFINED 103500 0 0
FRONTIER CORP COM 35906P105 7680 131000 SH SOLE 123200 4600 3200
FRONTIER INS GROUP INC NEW COM 359081106 2706 176000 SH DEFINED 01 176000 0 0
FRONTIER INS GROUP INC NEW COM 359081106 14032 912670 SH SOLE 815250 66760 30660
FRONTIER INS GROUP INC NEW COM 359081106 40 2600 SH DEFINED 2600 0 0
GC COS INC COM 36155Q109 7107 198800 SH SOLE 186700 7200 4900
GTE CORP COM 362320103 128035 1695825 SH SOLE 937525 76500 681800
GTE CORP COM 362320103 1042 13800 SH DEFINED 13800 0 0
GABLES RESIDENTIAL TR COM 362418105 1431 59300 SH SOLE 55800 2100 1400
GALILEO INTL INC COM 363547100 15834 296300 SH SOLE 277700 11500 7100
GENERAL MLS INC COM 370334104 7955 98975 SH DEFINED 02 98975 0 0
GENERAL MLS INC COM 370334104 45428 565200 SH SOLE 292600 27400 245200
GENERAL MLS INC COM 370334104 547 6800 SH DEFINED 6800 0 0
</TABLE>
<PAGE> 12
<TABLE>
<CAPTION>
VOTING AUTHORITY
TITLE VALUE SHRS OR SH/ PUT/INVESTMENT OTHER
NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
GIBSON GREETINGS INC COM 374827103 2176 343000 SH SOLE 322100 12400 8500
GOLDEN ST BANCORP INC COM 381197102 43713 1942800 SH SOLE 1610100 332700 0
GOLDEN ST BANCORP INC COM 381197102 4151 184500 SH DEFINED 184500 0 0
GOLDEN ST BANCORP INC LTGTN TR 381197136 8 6450 SH DEFINED 6450 0 0
GOLDEN ST BANCORP INC LTGTN TR 381197136 5323 4055904 SH SOLE 3814872 142707 98325
GOLDMAN SACHS GROUP INC COM 38141G104 12376 171300 SH SOLE 160500 6400 4400
GOLDMAN SACHS GROUP INC COM 38141G104 14 200 SH DEFINED 200 0 0
GOODRICH B F CO COM 382388106 18509 435500 SH SOLE 362600 72900 0
GOODRICH B F CO COM 382388106 1649 38800 SH DEFINED 38800 0 0
GRAND UN CO COM 386532402 3567 329900 SH DEFINED 01 329900 0 0
GRAND UN CO COM 386532402 10343 956600 SH SOLE 817100 99200 40300
GRAND UN CO COM 386532402 54 5000 SH DEFINED 5000 0 0
GRIFFON CORP COM 398433102 1199 153500 SH SOLE 147400 6100 0
GRIFFON CORP COM 398433102 13 1700 SH DEFINED 1700 0 0
GULFSTREAM AEROSPC CORP NEW COM 402734107 11296 167200 SH SOLE 136900 30300 0
GULFSTREAM AEROSPC CORP NEW COM 402734107 1081 16000 SH DEFINED 16000 0 0
HMT TECHNOLOGY CORP SBNTCV14 403917AD9 27 74000 SH DEFINED 74000 0 0
HMT TECHNOLOGY CORP SBNTCV14 403917AD9 1212 3276000 SH SOLE 2693000 0 583000
HALLIBURTON CO COM 406216101 9814 216875 SH DEFINED 02 216875 0 0
HALLIBURTON CO COM 406216101 73789 1630700 SH SOLE 757700 65900 807100
HALLIBURTON CO COM 406216101 738 16300 SH DEFINED 16300 0 0
HAMBRECHT & QUIST GROUP INC COM 406545103 1899 51500 SH DEFINED 01 51500 0 0
HAMBRECHT & QUIST GROUP INC COM 406545103 5616 152300 SH SOLE 131200 15700 5400
HAMBRECHT & QUIST GROUP INC COM 406545103 30 800 SH DEFINED 800 0 0
HANNAFORD BROS CO COM 410550107 40815 762900 SH SOLE 633200 129700 0
HANNAFORD BROS CO COM 410550107 4280 80000 SH DEFINED 80000 0 0
HARCOURT GEN INC COM 41163G101 6003 116425 SH DEFINED 02 116425 0 0
HARCOURT GEN INC COM 41163G101 141463 2743525 SH SOLE 1629825 219000 894700
HARCOURT GEN INC COM 41163G101 4543 88100 SH DEFINED 88100 0 0
HARRAHS ENTMT INC COM 413619107 18859 854800 SH SOLE 707000 147800 0
HARRAHS ENTMT INC COM 413619107 1727 78300 SH DEFINED 78300 0 0
HARSCO CORP COM 415864107 1254 39200 SH DEFINED 01 39200 0 0
HARSCO CORP COM 415864107 3862 120700 SH SOLE 104700 13200 2800
</TABLE>
<PAGE> 13
<TABLE>
<CAPTION>
VOTING AUTHORITY
TITLE VALUE SHRS OR SH/ PUT/INVESTMENT OTHER
NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
HARSCO CORP COM 415864107 42 1300 SH DEFINED 1300 0 0
HEWLETT PACKARD CO COM 428236103 503 5000 SH SOLE 5000 0 0
HIGHLANDS INS GROUP INC COM 431032101 7 700 SH DEFINED 700 0 0
HIGHLANDS INS GROUP INC COM 431032101 5002 476400 SH SOLE 447200 17400 11800
HITACHI LTD COM 433578507 41590 440400 SH SOLE 255700 28800 155900
HITACHI LTD COM 433578507 661 7000 SH DEFINED 7000 0 0
HOME PPTYS NY INC COM 437306103 1583 57292 SH SOLE 53892 2000 1400
HOMEBASE INC COM 43738E108 4260 674900 SH DEFINED 01 674900 0 0
HOMEBASE INC COM 43738E108 11823 1872900 SH SOLE 1592700 216000 64200
HOMEBASE INC COM 43738E108 72 11400 SH DEFINED 11400 0 0
HORACE MANN EDUCATORS CP NEW COM 440327104 1884 69300 SH DEFINED 01 69300 0 0
HORACE MANN EDUCATORS CP NEW COM 440327104 5505 202500 SH SOLE 173500 20900 8100
HORACE MANN EDUCATORS CP NEW COM 440327104 30 1100 SH DEFINED 1100 0 0
HUGHES SUPPLY INC COM 444482103 1259 42400 SH DEFINED 01 42400 0 0
HUGHES SUPPLY INC COM 444482103 3687 124200 SH SOLE 106600 12600 5000
HUGHES SUPPLY INC COM 444482103 18 600 SH DEFINED 600 0 0
HUSSMANN INTL INC COM 448110106 1317 79500 SH DEFINED 01 79500 0 0
HUSSMANN INTL INC COM 448110106 3872 233800 SH SOLE 200400 23900 9500
HUSSMANN INTL INC COM 448110106 20 1200 SH DEFINED 1200 0 0
IMC GLOBAL INC COM 449669100 394 22700 SH SOLE 22700 0 0
IMC GLOBAL INC COM 449669100 14 800 SH DEFINED 800 0 0
IMC GLOBAL INC WT 12-31 449669118 0 1 SH SOLE 0 1 0
ITLA CAP CORP COM 450565106 17 1100 SH DEFINED 1100 0 0
ITLA CAP CORP COM 450565106 1577 100100 SH SOLE 94000 3500 2600
IMPERIAL BANCORP COM 452556103 2546 128500 SH DEFINED 01 128500 0 0
IMPERIAL BANCORP COM 452556103 8349 421400 SH SOLE 368800 37800 14800
IMPERIAL BANCORP COM 452556103 38 1900 SH DEFINED 1900 0 0
IMPERIAL CR COML MTG INVT CO COM 45272T102 11668 1079100 SH SOLE 1015500 37600 26000
IMPERIAL CR COML MTG INVT CO COM 45272T102 29 2700 SH DEFINED 2700 0 0
INGERSOLL RAND CO COM 456866102 8594 132975 SH DEFINED 02 132975 0 0
INGERSOLL RAND CO COM 456866102 56676 877000 SH SOLE 446000 40700 390300
INGERSOLL RAND CO COM 456866102 640 9900 SH DEFINED 9900 0 0
INSURANCE AUTO AUCTIONS INC COM 457875102 161 10000 SH SOLE 10000 0 0
</TABLE>
<PAGE> 14
<TABLE>
<CAPTION>
VOTING AUTHORITY
TITLE VALUE SHRS OR SH/ PUT/INVESTMENT OTHER
NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
INSURANCE AUTO AUCTIONS INC COM 457875102 55 3400 SH DEFINED 3400 0 0
INTEGRATED HEALTH SVCS INC SBDBCV05 45812CAE2 5242 7280000 SH SOLE 6790000 320000 170000
INTERGRAPH CORP COM 458683109 3065 395500 SH SOLE 370800 14700 10000
INTERNATIONAL BUSINESS MACHS COM 459200101 143047 1106750 SH SOLE 556950 52300 497500
INTERNATIONAL BUSINESS MACHS COM 459200101 1732 13400 SH DEFINED 13400 0 0
INTERNATIONAL HOME FOODS INC COM 459655106 18202 987200 SH SOLE 831100 156100 0
INTERNATIONAL HOME FOODS INC COM 459655106 1884 102200 SH DEFINED 102200 0 0
INTERNATIONAL PAPER CO COM 460146103 72796 1448675 SH SOLE 730375 69000 649300
INTERNATIONAL PAPER CO COM 460146103 859 17100 SH DEFINED 17100 0 0
IVAX CORP COM 465823102 4810 340500 SH DEFINED 01 340500 0 0
IVAX CORP COM 465823102 32560 2305100 SH SOLE 1952800 317100 35200
IVAX CORP COM 465823102 1528 108200 SH DEFINED 108200 0 0
IVEX PACKAGING CORP DEL COM 465855104 1624 73800 SH DEFINED 01 73800 0 0
IVEX PACKAGING CORP DEL COM 465855104 4653 211500 SH SOLE 186500 17800 7200
IVEX PACKAGING CORP DEL COM 465855104 22 1000 SH DEFINED 1000 0 0
JONES APPAREL GROUP INC COM 480074103 52906 1541900 SH SOLE 1196400 222700 122800
JONES APPAREL GROUP INC COM 480074103 3960 115400 SH DEFINED 115400 0 0
JOSTENS INC COM 481088102 8014 380500 SH SOLE 357800 13400 9300
K MART CORP COM 482584109 6453 391100 SH SOLE 367700 13900 9500
KAISER ALUM CORP COM 483007100 1520 171300 SH DEFINED 01 171300 0 0
KAISER ALUM CORP COM 483007100 5009 564400 SH SOLE 494200 50400 19800
KAISER ALUM CORP COM 483007100 30 3400 SH DEFINED 3400 0 0
KANSAS CITY PWR & LT CO COM 485134100 10154 398200 SH SOLE 374200 14300 9700
KELLY SVCS INC COM 488152208 17489 544400 SH SOLE 512000 19200 13200
KERR MCGEE CORP COM 492386107 65608 1307248 SH SOLE 809338 124607 373303
KERR MCGEE CORP COM 492386107 2923 58251 SH DEFINED 58251 0 0
KORN FERRY INTL COM 500643200 6700 394100 SH SOLE 369800 14400 9900
KRANZCO RLTY TR COM 50076E103 1311 98944 SH SOLE 92844 3700 2400
LTV CORP NEW COM 501921100 1407 212400 SH DEFINED 01 212400 0 0
LTV CORP NEW COM 501921100 4355 657400 SH SOLE 565700 68200 23500
LTV CORP NEW COM 501921100 23 3400 SH DEFINED 3400 0 0
LNR PPTY CORP COM 501940100 6680 312500 SH SOLE 294300 10400 7800
LTC PPTYS INC COM 502175102 2054 158028 SH SOLE 148728 5500 3800
</TABLE>
<PAGE> 15
<TABLE>
<CAPTION>
VOTING AUTHORITY
TITLE VALUE SHRS OR SH/ PUT/INVESTMENT OTHER
NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
LADISH INC COM 505754200 350 45200 SH SOLE 41500 2300 1400
LEGG MASON INC COM 524901105 5236 136000 SH DEFINED 01 136000 0 0
LEGG MASON INC COM 524901105 16355 424800 SH SOLE 369400 41300 14100
LEGG MASON INC COM 524901105 77 2000 SH DEFINED 2000 0 0
LEHMAN BROTHERS HLDGS INC COM 524908100 27260 438800 SH SOLE 220900 20600 197300
LEHMAN BROTHERS HLDGS INC COM 524908100 329 5300 SH DEFINED 5300 0 0
LENNAR CORP COM 526057104 298 12400 SH SOLE 12400 0 0
LEUCADIA NATL CORP COM 527288104 16141 636100 SH SOLE 595600 23700 16800
LIBBEY INC COM 529898108 1227 42300 SH DEFINED 01 42300 0 0
LIBBEY INC COM 529898108 3596 124000 SH SOLE 106000 12300 5700
LIBBEY INC COM 529898108 15 500 SH DEFINED 500 0 0
LIBERTY PPTY TR COM 531172104 3169 127400 SH SOLE 119300 4900 3200
LIFEPOINT HOSPS INC COM 53219L109 1626 121000 SH DEFINED 01 121000 0 0
LIFEPOINT HOSPS INC COM 53219L109 5487 408300 SH SOLE 358000 36100 14200
LIFEPOINT HOSPS INC COM 53219L109 24 1800 SH DEFINED 1800 0 0
LINCARE HLDGS INC COM 532791100 1088 43500 SH DEFINED 01 43500 0 0
LINCARE HLDGS INC COM 532791100 3188 127500 SH SOLE 109200 13100 5200
LINCARE HLDGS INC COM 532791100 15 600 SH DEFINED 600 0 0
LITTON INDS INC COM 538021106 166316 2303950 SH SOLE 1589950 215000 499000
LITTON INDS INC COM 538021106 6788 94036 SH DEFINED 94036 0 0
LIZ CLAIBORNE INC COM 539320101 70563 1933229 SH SOLE 1141100 146200 645929
LIZ CLAIBORNE INC COM 539320101 2022 55400 SH DEFINED 55400 0 0
LOCAL FINL CORP COM 539553107 6 600 SH DEFINED 600 0 0
LOCAL FINL CORP COM 539553107 1375 139200 SH SOLE 139200 0 0
LOCKHEED MARTIN CORP COM 539830109 7126 191300 SH SOLE 179600 6900 4800
LOEWS CORP COM 540424108 10427 131775 SH DEFINED 02 131775 0 0
LOEWS CORP COM 540424108 137944 1743368 SH SOLE 1191068 79000 473300
LOEWS CORP COM 540424108 1025 12950 SH DEFINED 12950 0 0
LONE STAR INDS INC COM 542290408 6434 171300 SH DEFINED 01 171300 0 0
LONE STAR INDS INC COM 542290408 20149 536400 SH SOLE 466600 51600 18200
LONE STAR INDS INC COM 542290408 94 2500 SH DEFINED 2500 0 0
LOUISIANA PAC CORP COM 546347105 13169 551600 SH SOLE 518300 19700 13600
LOUISIANA PAC CORP COM 546347105 21 900 SH DEFINED 900 0 0
</TABLE>
<PAGE> 16
<TABLE>
<CAPTION>
VOTING AUTHORITY
TITLE VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER
NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
LUFKIN INDS INC COM 549764108 931 46540 SH SOLE 43420 1820 1300
LYONDELL CHEMICAL CO COM 552078107 10607 514300 SH SOLE 421500 92800 0
LYONDELL CHEMICAL CO COM 552078107 1011 49000 SH DEFINED 49000 0 0
MCI WORLDCOM INC COM 55268B106 38746 450211 SH SOLE 423274 15981 10956
MACK CALI RLTY CORP COM 554489104 13544 437800 SH SOLE 239000 22500 176300
MACK CALI RLTY CORP COM 554489104 204 6600 SH DEFINED 6600 0 0
MACMILLAN BLOEDEL LTD COM 554783209 6286 349200 SH SOLE 349200 0 0
MACMILLAN BLOEDEL LTD COM 554783209 1640 91100 SH DEFINED 91100 0 0
MARK IV INDS INC COM 570387100 8123 384500 SH DEFINED 01 384500 0 0
MARK IV INDS INC COM 570387100 23888 1130800 SH SOLE 983900 107800 39100
MARK IV INDS INC COM 570387100 112 5300 SH DEFINED 5300 0 0
MARSH & MCLENNAN COS INC COM 571748102 13775 182000 SH SOLE 48700 1600 131700
MATTEL INC COM 577081102 24633 942900 SH SOLE 442000 41900 459000
MATTEL INC COM 577081102 287 11000 SH DEFINED 11000 0 0
MEDIAONE GROUP INC COM 58440J104 83241 1119200 SH SOLE 567500 52800 498900
MEDIAONE GROUP INC COM 58440J104 967 13000 SH DEFINED 13000 0 0
MEDIAONE GROUP INC PFD 58440J203 24165 161300 SH SOLE 152300 5000 4000
MEDITRUST COM 58501T306 7056 540175 SH SOLE 508600 18700 12875
MEDITRUST COM 58501T306 12 900 SH DEFINED 900 0 0
MENTOR GRAPHICS CORP COM 587200106 1071 83600 SH DEFINED 01 83600 0 0
MENTOR GRAPHICS CORP COM 587200106 3598 280800 SH SOLE 245600 25300 9900
MENTOR GRAPHICS CORP COM 587200106 17 1300 SH DEFINED 1300 0 0
MERCHANTS GROUP INC COM 588539106 1130 50484 SH SOLE 47184 2000 1300
MERISTAR HOSPITALITY CORP COM 58984Y103 19365 863082 SH SOLE 536586 40464 286032
MERISTAR HOSPITALITY CORP COM 58984Y103 144 6430 SH DEFINED 6430 0 0
MERITOR AUTOMOTIVE INC COM 59000G100 2680 105100 SH DEFINED 01 105100 0 0
MERITOR AUTOMOTIVE INC COM 59000G100 9162 359300 SH SOLE 318900 29600 10800
MERITOR AUTOMOTIVE INC COM 59000G100 41 1600 SH DEFINED 1600 0 0
MICHAELS STORES INC COM 594087108 2658 86800 SH DEFINED 01 86800 0 0
MICHAELS STORES INC COM 594087108 9157 299000 SH SOLE 260100 27700 11200
MICHAELS STORES INC COM 594087108 49 1600 SH DEFINED 1600 0 0
MID-AMER APT CMNTYS INC COM 59522J103 1555 67236 SH SOLE 63036 2500 1700
MOBIL CORP COM 607059102 81234 822625 SH SOLE 419125 38200 365300
</TABLE>
<PAGE> 17
<TABLE>
<CAPTION>
VOTING AUTHORITY
TITLE VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER
NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
MOBIL CORP COM 607059102 948 9600 SH DEFINED 9600 0 0
MONDAVI ROBERT CORP COM 609200100 1608 44200 SH DEFINED 01 44200 0 0
MONDAVI ROBERT CORP COM 609200100 5031 138300 SH SOLE 122600 13000 2700
MONDAVI ROBERT CORP COM 609200100 18 500 SH DEFINED 500 0 0
MOOG INC COM 615394202 3355 97600 SH DEFINED 01 97600 0 0
MOOG INC COM 615394202 10409 302800 SH SOLE 265300 28600 8900
MOOG INC COM 615394202 52 1500 SH DEFINED 1500 0 0
MORGAN STANLEY DEAN WITTER COM 617446448 2563 24975 SH DEFINED 02 24975 0 0
MORGAN STANLEY DEAN WITTER COM 617446448 27093 264000 SH SOLE 132800 12500 118700
MORGAN STANLEY DEAN WITTER COM 617446448 318 3100 SH DEFINED 3100 0 0
NABISCO HLDGS CORP COM 629526104 9841 228850 SH DEFINED 02 228850 0 0
NABISCO HLDGS CORP COM 629526104 54881 1276300 SH SOLE 642100 60900 573300
NABISCO HLDGS CORP COM 629526104 701 16300 SH DEFINED 16300 0 0
NATIONAL PRESTO INDS INC COM 637215104 2949 77100 SH SOLE 72000 3100 2000
NATIONAL SEMICONDUCTOR CORP COM 637640103 124343 4912300 SH SOLE 3227500 354700 1330100
NATIONAL SEMICONDUCTOR CORP COM 637640103 3364 132900 SH DEFINED 132900 0 0
NATIONAL SEMICONDUCTOR CORP SNTCV 6 637640AB9 66 70000 SH DEFINED 70000 0 0
NATIONAL SEMICONDUCTOR CORP SNTCV 6 637640AB9 2773 2930000 SH SOLE 2400000 0 530000
NATIONWIDE HLTH PPTYS COM 638620104 3965 208000 SH SOLE 194600 8100 5300
NAUTICA ENTERPRISES INC COM 639089101 11910 705800 SH SOLE 663800 24900 17100
NAUTICA ENTERPRISES INC COM 639089101 24 1400 SH DEFINED 1400 0 0
NEIMAN MARCUS GROUPS INC COM 640204103 2209 86000 SH DEFINED 01 86000 0 0
NEIMAN MARCUS GROUPS INC COM 640204103 6232 242600 SH SOLE 208100 24700 9800
NEIMAN MARCUS GROUPS INC COM 640204103 31 1200 SH DEFINED 1200 0 0
NEVADA PWR CO COM 641423108 2665 106600 SH DEFINED 01 106600 0 0
NEVADA PWR CO COM 641423108 7815 312600 SH SOLE 267600 32200 12800
NEVADA PWR CO COM 641423108 48 1900 SH DEFINED 1900 0 0
NEW YORK TIMES CO COM 650111107 2978 80900 SH DEFINED 02 80900 0 0
NEW YORK TIMES CO COM 650111107 71602 1945050 SH SOLE 990950 94700 859400
NEW YORK TIMES CO COM 650111107 884 24000 SH DEFINED 24000 0 0
NEWBRIDGE NETWORKS CORP COM 650901101 5396 187700 SH SOLE 149900 37800 0
NEWBRIDGE NETWORKS CORP COM 650901101 957 33300 SH DEFINED 33300 0 0
NEWPORT NEWS SHIPBLDING INC COM 652228107 5030 170500 SH DEFINED 01 170500 0 0
</TABLE>
<PAGE> 18
<TABLE>
<CAPTION>
VOTING AUTHORITY
TITLE VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER
NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
NEWPORT NEWS SHIPBLDING INC COM 652228107 54385 1843550 SH SOLE 1547950 283500 12100
NEWPORT NEWS SHIPBLDING INC COM 652228107 3537 119900 SH DEFINED 119900 0 0
NIAGARA MOHAWK HLDGS INC COM 653520106 99175 6174300 SH SOLE 4523500 497900 1152900
NIAGARA MOHAWK HLDGS INC COM 653520106 3156 196500 SH DEFINED 196500 0 0
NIPPON TELEG & TEL CORP COM 654624105 26077 416400 SH SOLE 240600 27500 148300
NIPPON TELEG & TEL CORP COM 654624105 457 7300 SH DEFINED 7300 0 0
NORTH FORK BANCORP INC N Y COM 659424105 29769 1392700 SH SOLE 1149100 243600 0
NORTH FORK BANCORP INC N Y COM 659424105 2826 132200 SH DEFINED 132200 0 0
NORTHROP GRUMMAN CORP COM 666807102 16134 243300 SH SOLE 203600 39700 0
NORTHROP GRUMMAN CORP COM 666807102 1538 23200 SH DEFINED 23200 0 0
OCEAN ENERGY INC COM 67481E102 2012 209000 SH DEFINED 01 209000 0 0
OCEAN ENERGY INC COM 67481E102 6862 712900 SH SOLE 626400 61600 24900
OCEAN ENERGY INC COM 67481E102 45 4700 SH DEFINED 4700 0 0
OFFICE DEPOT INC COM 676220106 92636 4198800 SH SOLE 2048000 192900 1957900
OFFICE DEPOT INC COM 676220106 1028 46600 SH DEFINED 46600 0 0
OFFICEMAX INC COM 67622M108 2846 237200 SH DEFINED 01 237200 0 0
OFFICEMAX INC COM 67622M108 9451 787600 SH SOLE 690800 69700 27100
OFFICEMAX INC COM 67622M108 42 3500 SH DEFINED 3500 0 0
OLD REP INTL CORP COM 680223104 523 30200 SH SOLE 30200 0 0
PECO ENERGY CO COM 693304107 12669 302550 SH DEFINED 02 302550 0 0
PECO ENERGY CO COM 693304107 53426 1275850 SH SOLE 620950 56300 598600
PECO ENERGY CO COM 693304107 565 13500 SH DEFINED 13500 0 0
PMI GROUP INC COM 69344M101 276 4400 SH SOLE 4400 0 0
PMI GROUP INC COM 69344M101 25 400 SH DEFINED 400 0 0
PARK PL ENTMT CORP COM 700690100 18048 1888900 SH SOLE 1573700 315200 0
PARK PL ENTMT CORP COM 700690100 1639 171500 SH DEFINED 171500 0 0
PARKER HANNIFIN CORP COM 701094104 5281 115425 SH DEFINED 02 115425 0 0
PARKER HANNIFIN CORP COM 701094104 13345 291700 SH SOLE 144600 12700 134400
PARKER HANNIFIN CORP COM 701094104 183 4000 SH DEFINED 4000 0 0
PAYLESS SHOESOURCE INC COM 704379106 8726 163100 SH SOLE 153400 5700 4000
PAYLESS SHOESOURCE INC COM 704379106 5 100 SH DEFINED 100 0 0
PECHINEY COM 705151207 22980 1075100 SH SOLE 801200 273900 0
PECHINEY COM 705151207 3022 141400 SH DEFINED 141400 0 0
</TABLE>
<PAGE> 19
<TABLE>
<CAPTION>
VOTING AUTHORITY
TITLE VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER
NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
PENNEY J C INC COM 708160106 2059 42400 SH SOLE 42400 0 0
PENNEY J C INC COM 708160106 3166 65200 SH DEFINED 65200 0 0
PENNZENERGY CO COM 70931Q109 7061 424700 SH SOLE 396200 16200 12300
PENNZOIL-QUAKER ST CO COM 709323109 5036 335700 SH SOLE 315600 11900 8200
PEPSI BOTTLING GROUP INC COM 713409100 6606 285675 SH DEFINED 02 285675 0 0
PEPSI BOTTLING GROUP INC COM 713409100 32176 1391400 SH SOLE 701200 66200 624000
PEPSI BOTTLING GROUP INC COM 713409100 372 16100 SH DEFINED 16100 0 0
PETSMART INC COM 716768106 5867 572400 SH SOLE 538000 20400 14000
PHELPS DODGE CORP COM 717265102 9557 154300 SH SOLE 127800 26500 0
PHELPS DODGE CORP COM 717265102 941 15200 SH DEFINED 15200 0 0
PIER 1 IMPORTS INC COM 720279108 6372 566400 SH DEFINED 01 566400 0 0
PIER 1 IMPORTS INC COM 720279108 20964 1863500 SH SOLE 1639600 166100 57800
PIER 1 IMPORTS INC COM 720279108 93 8300 SH DEFINED 8300 0 0
PITTSTON CO COM 725701106 2167 81000 SH DEFINED 01 81000 0 0
PITTSTON CO COM 725701106 44020 1645600 SH SOLE 1442800 180000 22800
PITTSTON CO COM 725701106 1896 70870 SH DEFINED 70870 0 0
PLAYTEX PRODS INC COM 72813P100 3533 227000 SH DEFINED 01 227000 0 0
PLAYTEX PRODS INC COM 72813P100 10366 666100 SH SOLE 572300 66300 27500
PLAYTEX PRODS INC COM 72813P100 53 3400 SH DEFINED 3400 0 0
PRENTISS PPTYS TR COM 740706106 14536 615300 SH SOLE 318400 28900 268000
PRENTISS PPTYS TR COM 740706106 164 6940 SH DEFINED 6940 0 0
PUBLIC SVC CO N MEX COM 744499104 12414 624608 SH SOLE 587108 22200 15300
PUBLIC SVC CO N MEX COM 744499104 6 300 SH DEFINED 300 0 0
PUBLIC STORAGE INC COM 74460D109 3622 129362 SH SOLE 121764 4502 3096
QUAKER OATS CO COM 747402105 110753 1668600 SH SOLE 837300 79100 752200
QUAKER OATS CO COM 747402105 1334 20100 SH DEFINED 20100 0 0
QUANTUM CORP COM 747906105 39097 1620600 SH SOLE 1348200 272400 0
QUANTUM CORP COM 747906105 3626 150300 SH DEFINED 150300 0 0
QUIXOTE CORP COM 749056103 123 10100 SH SOLE 10100 0 0
QUIXOTE CORP COM 749056103 40 3300 SH DEFINED 3300 0 0
RFS HOTEL INVS INC COM 74955J108 19755 1572500 SH SOLE 1166900 67400 338200
RFS HOTEL INVS INC COM 74955J108 111 8840 SH DEFINED 8840 0 0
RAILTEX INC COM 750766107 139 10000 SH SOLE 10000 0 0
</TABLE>
<PAGE> 20
<TABLE>
<CAPTION>
VOTING AUTHORITY
TITLE VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER
NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
RAILTEX INC COM 750766107 25 1800 SH DEFINED 1800 0 0
RAYCHEM CORP COM 754603108 72531 1960300 SH SOLE 1276700 209900 473700
RAYCHEM CORP COM 754603108 4018 108600 SH DEFINED 108600 0 0
RECKSON ASSOCS RLTY CORP PFD COV 75621K205 160 7000 SH DEFINED 7000 0 0
RECKSON ASSOCS RLTY CORP PFD COV 75621K205 4699 206000 SH SOLE 206000 0 0
REEBOK INTL LTD COM 758110100 3569 191600 SH DEFINED 01 191600 0 0
REEBOK INTL LTD COM 758110100 11328 608200 SH SOLE 529700 56400 22100
REEBOK INTL LTD COM 758110100 52 2800 SH DEFINED 2800 0 0
RELIANCE GROUP HLDGS INC COM 759464100 1107 148900 SH DEFINED 01 148900 0 0
RELIANCE GROUP HLDGS INC COM 759464100 4262 573000 SH SOLE 512300 45300 15400
RELIANCE GROUP HLDGS INC COM 759464100 16 2200 SH DEFINED 2200 0 0
RELIANT ENERGY INC COM 75952J105 31313 1133500 SH SOLE 546900 51700 534900
RELIANT ENERGY INC COM 75952J105 332 12000 SH DEFINED 12000 0 0
RELIASTAR FINL CORP COM 75952U103 13388 306000 SH SOLE 254800 51200 0
RELIASTAR FINL CORP COM 75952U103 1299 29700 SH DEFINED 29700 0 0
RENAL TREATMENT CTRS INC SNTCV 5 759671AC4 140 165000 SH DEFINED 165000 0 0
RENAL TREATMENT CTRS INC SNTCV 5 759671AC4 6455 7605000 SH SOLE 5985000 0 1620000
REPUBLIC SVCS INC COM 760759100 83323 3366600 SH SOLE 2144600 355400 866600
REPUBLIC SVCS INC COM 760759100 4076 164700 SH DEFINED 164700 0 0
REYNOLDS METALS CO COM 761763101 65844 1116000 SH SOLE 657100 89700 369200
REYNOLDS METALS CO COM 761763101 2154 36500 SH DEFINED 36500 0 0
RHONE POULENC S A COM 762426609 47730 1030600 SH SOLE 602700 67300 360600
RHONE POULENC S A COM 762426609 699 15100 SH DEFINED 15100 0 0
RICHMOND CNTY FINL CORP COM 764556106 4612 239600 SH DEFINED 01 239600 0 0
RICHMOND CNTY FINL CORP COM 764556106 75 3900 SH DEFINED 3900 0 0
RICHMOND CNTY FINL CORP COM 764556106 14540 755300 SH SOLE 656900 69900 28500
RISK CAP HLDGS INC COM 767711104 7 500 SH DEFINED 500 0 0
RISK CAP HLDGS INC COM 767711104 3141 232700 SH SOLE 220000 7600 5100
RUBY TUESDAY INC COM 781182100 800 42100 SH DEFINED 01 42100 0 0
RUBY TUESDAY INC COM 781182100 1710 90000 SH SOLE 80300 9700 0
SBC COMMUNICATIONS INC COM 78387G103 56231 969500 SH SOLE 489600 45900 434000
SBC COMMUNICATIONS INC COM 78387G103 667 11500 SH DEFINED 11500 0 0
SCI SYS INC COM 783890106 14208 299900 SH SOLE 248700 51200 0
</TABLE>
<PAGE> 21
<TABLE>
<CAPTION>
VOTING AUTHORITY
TITLE VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER
NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SCI SYS INC COM 783890106 1341 28300 SH DEFINED 28300 0 0
SLM HLDG CORP COM 78442A109 32690 713550 SH SOLE 670950 25300 17300
SPR INC COM 784922106 71 13400 SH SOLE 13400 0 0
SPR INC COM 784922106 24 4500 SH DEFINED 4500 0 0
SAFETY-KLEEN CORP NEW COM 78648R205 22205 1225100 SH SOLE 1016900 208200 0
SAFETY-KLEEN CORP NEW COM 78648R205 1983 109400 SH DEFINED 109400 0 0
SAKS INC COM 79377W108 5668 196300 SH SOLE 159700 36600 0
SAKS INC COM 79377W108 612 21200 SH DEFINED 21200 0 0
SCIENTIFIC GAMES HLDGS CORP COM 808747109 4501 230800 SH SOLE 216300 8600 5900
SCOR S A COM 80917Q106 12856 255200 SH SOLE 189600 65600 0
SCOR S A COM 80917Q106 1602 31800 SH DEFINED 31800 0 0
SEA CONTAINERS LTD COM 811371707 138 4100 SH SOLE 4100 0 0
SEA CONTAINERS LTD COM 811371707 13 400 SH DEFINED 400 0 0
SENSORMATIC ELECTRS CORP COM 817265101 2742 196700 SH DEFINED 01 196700 0 0
SENSORMATIC ELECTRS CORP COM 817265101 8725 626000 SH SOLE 545200 57300 23500
SENSORMATIC ELECTRS CORP COM 817265101 40 2900 SH DEFINED 2900 0 0
SHAW INDS INC COM 820286102 18351 1048600 SH SOLE 871700 176900 0
SHAW INDS INC COM 820286102 1764 100800 SH DEFINED 100800 0 0
SHERWIN WILLIAMS CO COM 824348106 26701 962200 SH SOLE 845900 106800 9500
SHERWIN WILLIAMS CO COM 824348106 1388 50000 SH DEFINED 50000 0 0
SHOPKO STORES INC COM 824911101 3446 94400 SH DEFINED 01 94400 0 0
SHOPKO STORES INC COM 824911101 52542 1439500 SH SOLE 1255900 163600 20000
SHOPKO STORES INC COM 824911101 2507 68694 SH DEFINED 68694 0 0
SHURGARD STORAGE CTRS INC COM 82567D104 1918 70700 SH SOLE 66200 2600 1900
SILICON GRAPHICS INC COM 827056102 14394 879000 SH SOLE 729700 149300 0
SILICON GRAPHICS INC COM 827056102 1281 78200 SH DEFINED 78200 0 0
SMITH A O CORP COM 831865209 204 7300 SH SOLE 7300 0 0
SMITH A O CORP COM 831865209 20 700 SH DEFINED 700 0 0
SMURFIT-STONE CONTAINER CORP COM 832727101 42910 2086800 SH SOLE 1479500 267100 340200
SMURFIT-STONE CONTAINER CORP COM 832727101 2897 140900 SH DEFINED 140900 0 0
SONIC AUTOMOTIVE INC COM 83545G102 160 11600 SH SOLE 11600 0 0
SONIC AUTOMOTIVE INC COM 83545G102 33 2400 SH DEFINED 2400 0 0
SOUTHDOWN INC COM 841297104 14533 226200 SH SOLE 187100 39100 0
</TABLE>
<PAGE> 22
<TABLE>
<CAPTION>
VOTING AUTHORITY
TITLE VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER
NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SOUTHDOWN INC COM 841297104 1388 21600 SH DEFINED 21600 0 0
SPRINT CORP COM 852061100 35892 677200 SH SOLE 362600 42200 272400
STAFF LEASING INC COM 852381102 169 13100 SH SOLE 13100 0 0
STAFF LEASING INC COM 852381102 42 3300 SH DEFINED 3300 0 0
STAFFMARK INC COM 852389105 129 12900 SH SOLE 12900 0 0
STAFFMARK INC COM 852389105 24 2400 SH DEFINED 2400 0 0
STANDARD PAC CORP NEW COM 85375C101 1113 85600 SH DEFINED 01 85600 0 0
STANDARD PAC CORP NEW COM 85375C101 33 2500 SH DEFINED 2500 0 0
STANDARD PAC CORP NEW COM 85375C101 3769 289900 SH SOLE 248800 29300 11800
STATEN IS BANCORP INC COM 857550107 5155 286400 SH DEFINED 01 286400 0 0
STATEN IS BANCORP INC COM 857550107 16412 911800 SH SOLE 790900 87200 33700
STATEN IS BANCORP INC COM 857550107 81 4500 SH DEFINED 4500 0 0
STERLING SOFTWARE INC COM 859547101 5758 217800 SH DEFINED 02 217800 0 0
STERLING SOFTWARE INC COM 859547101 86913 3287500 SH SOLE 2153600 223000 910900
STERLING SOFTWARE INC COM 859547101 2120 80200 SH DEFINED 80200 0 0
STONERIDGE INC COM 86183P102 1963 140200 SH DEFINED 01 140200 0 0
STONERIDGE INC COM 86183P102 5701 407200 SH SOLE 348100 42700 16400
STONERIDGE INC COM 86183P102 34 2400 SH DEFINED 2400 0 0
STORAGE TECHNOLOGY CORP COM 862111200 11955 525500 SH SOLE 428700 96800 0
STORAGE TECHNOLOGY CORP COM 862111200 1274 56000 SH DEFINED 56000 0 0
STRIDE RITE CORP COM 863314100 2248 218000 SH DEFINED 01 218000 0 0
STRIDE RITE CORP COM 863314100 39 3800 SH DEFINED 3800 0 0
STRIDE RITE CORP COM 863314100 7270 705000 SH SOLE 615900 64000 25100
SUNOCO INC COM 86764P109 8603 285000 SH SOLE 267200 10600 7200
SUPERIOR SVCS INC COM 868316100 2140 80200 SH DEFINED 01 80200 0 0
SUPERIOR SVCS INC COM 868316100 6181 231600 SH SOLE 198800 23600 9200
SUPERIOR SVCS INC COM 868316100 32 1200 SH DEFINED 1200 0 0
SUPERVALU INC COM 868536103 20035 774300 SH SOLE 645100 129200 0
SUPERVALU INC COM 868536103 1734 67000 SH DEFINED 67000 0 0
SWIFT ENERGY CO COM 870738101 2025 189500 SH DEFINED 01 189500 0 0
SWIFT ENERGY CO COM 870738101 51 4800 SH DEFINED 4800 0 0
SWIFT ENERGY CO COM 870738101 5871 549300 SH SOLE 472500 55700 21100
SYBASE INC COM 871130100 11869 1079000 SH SOLE 1015300 37800 25900
</TABLE>
<PAGE> 23
<TABLE>
<CAPTION>
VOTING AUTHORITY
TITLE VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER
NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SYBASE INC COM 871130100 14 1300 SH DEFINED 1300 0 0
SYMANTEC CORP COM 871503108 5689 223100 SH DEFINED 01 223100 0 0
SYMANTEC CORP COM 871503108 51222 2008700 SH SOLE 1696500 288300 23900
SYMANTEC CORP COM 871503108 2851 111800 SH DEFINED 111800 0 0
SYNOPSYS INC COM 871607107 12599 228300 SH SOLE 189000 39300 0
SYNOPSYS INC COM 871607107 1209 21900 SH DEFINED 21900 0 0
TJ INTL INC COM 872534102 1107 35700 SH SOLE 35700 0 0
TJX COS INC NEW COM 872540109 4471 134200 SH SOLE 0 0 134200
TELE DANMARK AS COM 879242105 15522 602800 SH SOLE 566900 21300 14600
TELEPHONE & DATA SYS INC COM 879433100 29111 398100 SH SOLE 374400 13900 9800
TEMPLE INLAND INC COM 879868107 5739 83625 SH DEFINED 02 83625 0 0
TEMPLE INLAND INC COM 879868107 31012 451900 SH SOLE 227900 21400 202600
TEMPLE INLAND INC COM 879868107 350 5100 SH DEFINED 5100 0 0
TEMPLETON DRAGON FD INC COM 88018T101 3942 356300 SH SOLE 335000 12700 8600
TESORO PETE CORP COM 881609101 4442 278700 SH DEFINED 01 278700 0 0
TESORO PETE CORP COM 881609101 99 6200 SH DEFINED 6200 0 0
TESORO PETE CORP COM 881609101 13904 872400 SH SOLE 757500 85600 29300
TOKIO MARINE & FIRE INS LTD COM 889090403 6522 116200 SH SOLE 109000 4300 2900
TOSCO CORP COM 891490302 133568 5149614 SH SOLE 3481414 484800 1183400
TOSCO CORP COM 891490302 5180 199705 SH DEFINED 199705 0 0
TOWER AUTOMOTIVE INC COM 891707101 6499 255500 SH DEFINED 01 255500 0 0
TOWER AUTOMOTIVE INC COM 891707101 20414 802500 SH SOLE 699300 76300 26900
TOWER AUTOMOTIVE INC COM 891707101 107 4200 SH DEFINED 4200 0 0
TRENWICK GROUP INC COM 895290104 7375 299100 SH SOLE 281350 10550 7200
TRIGON HEALTHCARE INC COM 89618L100 3459 95100 SH DEFINED 01 95100 0 0
TRIGON HEALTHCARE INC COM 89618L100 11302 310700 SH SOLE 271200 28300 11200
TRIGON HEALTHCARE INC COM 89618L100 40 1100 SH DEFINED 1100 0 0
TRINITY INDS INC COM 896522109 342 10200 SH SOLE 10200 0 0
TRIZEC HAHN CORP COM 896938107 15142 743144 SH SOLE 698944 26200 18000
TUPPERWARE CORP COM 899896104 2889 113300 SH DEFINED 01 113300 0 0
TUPPERWARE CORP COM 899896104 9662 378900 SH SOLE 296100 34900 47900
TUPPERWARE CORP COM 899896104 43 1700 SH DEFINED 1700 0 0
TYCO INTL LTD NEW COM 902124106 19073 201300 SH SOLE 116300 13400 71600
</TABLE>
<PAGE> 24
<TABLE>
<CAPTION>
VOTING AUTHORITY
TITLE VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER
NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
TYCO INTL LTD NEW COM 902124106 303 3200 SH DEFINED 3200 0 0
UST INC COM 902911106 25417 867100 SH SOLE 815600 30500 21000
UST INC COM 902911106 9 300 SH DEFINED 300 0 0
USX US STEEL GROUP COM 90337T101 17126 634300 SH SOLE 518500 115800 0
USX US STEEL GROUP COM 90337T101 1733 64200 SH DEFINED 64200 0 0
UNICOM CORP COM 904911104 72015 1867500 SH SOLE 907900 81900 877700
UNICOM CORP COM 904911104 798 20700 SH DEFINED 20700 0 0
UNION PAC RES GROUP INC COM 907834105 9571 586700 SH SOLE 481900 104800 0
UNION PAC RES GROUP INC COM 907834105 971 59500 SH DEFINED 59500 0 0
UNIONBANCAL CORP COM 908906100 27654 765500 SH SOLE 635500 130000 0
UNIONBANCAL CORP COM 908906100 2648 73300 SH DEFINED 73300 0 0
U S HOME CORP NEW COM 911920106 14 400 SH DEFINED 400 0 0
U S HOME CORP NEW COM 911920106 4519 127300 SH SOLE 119400 4700 3200
U S INDS INC NEW COM 912080108 2 100 SH DEFINED 100 0 0
U S INDS INC NEW COM 912080108 357 21000 SH SOLE 21000 0 0
UNITED STATIONERS INC COM 913004107 2321 105500 SH DEFINED 01 105500 0 0
UNITED STATIONERS INC COM 913004107 6805 309300 SH SOLE 265600 31400 12300
UNITED STATIONERS INC COM 913004107 35 1600 SH DEFINED 1600 0 0
UNITRIN INC COM 913275103 9385 228900 SH SOLE 215000 8300 5600
UNIVERSAL CORP VA COM 913456109 5935 208700 SH SOLE 195500 7900 5300
VALERO ENERGY CORP COM 91913Y100 2262 105500 SH DEFINED 01 105500 0 0
VALERO ENERGY CORP COM 91913Y100 15017 700500 SH SOLE 632000 46500 22000
VALERO ENERGY CORP COM 91913Y100 32 1500 SH DEFINED 1500 0 0
VEECO INSTRS INC DEL COM 922417100 190 5600 SH SOLE 5600 0 0
VEECO INSTRS INC DEL COM 922417100 17 500 SH DEFINED 500 0 0
VIAD CORP COM 92552R109 89372 2888800 SH SOLE 2377600 437700 73500
VIAD CORP COM 92552R109 7531 243430 SH DEFINED 243430 0 0
VISHAY INTERTECHNOLOGY INC COM 928298108 5053 240625 SH DEFINED 01 240625 0 0
VISHAY INTERTECHNOLOGY INC COM 928298108 17372 827250 SH SOLE 740875 70750 15625
VISHAY INTERTECHNOLOGY INC COM 928298108 92 4375 SH DEFINED 4375 0 0
WALLACE COMPUTER SVCS INC COM 932270101 1750 70000 SH DEFINED 01 70000 0 0
WALLACE COMPUTER SVCS INC COM 932270101 5168 206700 SH SOLE 178300 21200 7200
WALLACE COMPUTER SVCS INC COM 932270101 28 1100 SH DEFINED 1100 0 0
</TABLE>
<PAGE> 25
<TABLE>
<CAPTION>
VOTING AUTHORITY
TITLE VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER
NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
WALTER INDS INC COM 93317Q105 163 12600 SH SOLE 12600 0 0
WALTER INDS INC COM 93317Q105 14 1100 SH DEFINED 1100 0 0
WARNACO GROUP INC COM 934390105 44651 1669200 SH SOLE 992700 71500 605000
WARNACO GROUP INC COM 934390105 375 14000 SH DEFINED 14000 0 0
WASTE MGMT INC DEL COM 94106L109 8527 158650 SH DEFINED 02 158650 0 0
WASTE MGMT INC DEL COM 94106L109 176977 3292599 SH SOLE 1763593 155191 1373815
WASTE MGMT INC DEL COM 94106L109 1971 36679 SH DEFINED 36679 0 0
WENDYS INTL INC COM 950590109 5642 197950 SH SOLE 162650 35300 0
WENDYS INTL INC COM 950590109 499 17500 SH DEFINED 17500 0 0
WHIRLPOOL CORP COM 963320106 43967 594150 SH SOLE 382350 66500 145300
WHIRLPOOL CORP COM 963320106 2442 33000 SH DEFINED 33000 0 0
WHITE MTNS INS GROUP INC COM 964126106 10787 76500 SH SOLE 71800 2800 1900
YORK INTL CORP NEW COM 986670107 2761 64500 SH DEFINED 01 64500 0 0
YORK INTL CORP NEW COM 986670107 8147 190300 SH SOLE 163700 19500 7100
YORK INTL CORP NEW COM 986670107 43 1000 SH DEFINED 1000 0 0
ACE LTD COM G0070K103 10066 356325 SH DEFINED 02 356325 0 0
ACE LTD COM G0070K103 119860 4242833 SH SOLE 3068333 274500 900000
ACE LTD COM G0070K103 2633 93195 SH DEFINED 93195 0 0
ESG RE LTD COM G31215109 14 900 SH DEFINED 900 0 0
IPC HLDGS LTD COM G4933P101 14 700 SH DEFINED 700 0 0
IPC HLDGS LTD COM G4933P101 7942 397100 SH SOLE 373500 14100 9500
KNIGHTSBRIDGE TANKERS LTD COM G5299G106 7 400 SH DEFINED 400 0 0
KNIGHTSBRIDGE TANKERS LTD COM G5299G106 5381 307500 SH SOLE 289200 10700 7600
LASALLE RE HLDGS LTD COM G5383Q101 1394 82000 SH DEFINED 01 82000 0 0
LASALLE RE HLDGS LTD COM G5383Q101 12 700 SH DEFINED 700 0 0
LASALLE RE HLDGS LTD COM G5383Q101 12507 735700 SH SOLE 674200 42600 18900
PARTNERRE LTD COM G6852T105 13373 357800 SH SOLE 209400 23700 124700
PARTNERRE LTD COM G6852T105 197 5275 SH DEFINED 5275 0 0
SANTA FE INTL CORP COM G7805C108 17377 755500 SH SOLE 613200 142300 0
SANTA FE INTL CORP COM G7805C108 1654 71900 SH DEFINED 71900 0 0
SCOTTISH ANNUITY & LIFE HLDG COM G7885T104 11 1000 SH DEFINED 1000 0 0
SCOTTISH ANNUITY & LIFE HLDG COM G7885T104 3373 313800 SH SOLE 294700 11400 7700
TERRA NOVA BERMUDA HLDGS LTD COM G87615103 11 400 SH DEFINED 400 0 0
</TABLE>
<PAGE> 26
<TABLE>
<CAPTION>
VOTING AUTHORITY
TITLE VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER
NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
TERRA NOVA BERMUDA HLDGS LTD COM G87615103 11292 419200 SH SOLE 394300 14700 10200
XL CAPITAL LTD COM G98255105 16177 286315 SH SOLE 269193 10179 6943
XL CAPITAL LTD COM G98255105 6 100 SH DEFINED 100 0 0
</TABLE>
