<PAGE> 1
UNITED STATES
SECURITES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 3/31/00
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 May 11, 2000
- ------------------------------------ ---------- ------------
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).)
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Form 13F Summary Page
REPORT SUMMARY:
Number of Other Included Managers: 2
Form 13F Information Table Entry Total: 758
Form 13F Information Table Value Total: $ 8,145,716
(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
No. Form 13F File Number Name
- -- -------------------- ----
01 unknown SEI Investments Management Corporation
02 unknown Liberty Asset Management Company
<PAGE> 3
<TABLE>
<CAPTION>
TITLE VALUE SHARES/ SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
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>
AGCO CORP COM 001084102 1925 169200 SH DEFINED 1 169200 0 0
AGCO CORP COM 001084102 7012 616400 SH SOLE 460100 136800 19500
AGCO CORP COM 001084102 42 3700 SH DEFINED 3700 0 0
AHT CORP COM 00130R103 39 11700 SH SOLE 11700 0 0
AHT CORP COM 00130R103 11 3200 SH DEFINED 3200 0 0
AK STL HLDG CORP COM 001547108 1571 151400 SH DEFINED 1 151400 0 0
AK STL HLDG CORP COM 001547108 5083 489900 SH SOLE 387600 85200 17100
AK STL HLDG CORP COM 001547108 51 4900 SH DEFINED 4900 0 0
AT&T CORP COM 001957109 5564 98800 SH DEFINED 2 98800 0 0
AT&T CORP COM 001957109 17215 305700 SH SOLE 153300 15300 137100
AT&T CORP COM 001957109 237 4200 SH DEFINED 4200 0 0
AXA FINL INC COM 002451102 3928 109500 SH DEFINED 2 109500 0 0
AXA FINL INC COM 002451102 39509 1101300 SH SOLE 554900 54800 491600
AXA FINL INC COM 002451102 474 13200 SH DEFINED 13200 0 0
ABBOTT LABS COM 002824100 201 5700 SH SOLE 0 0 5700
ABERCROMBIE & FITCH CO COM 002896207 3358 209900 SH SOLE 167800 39100 3000
ABERCROMBIE & FITCH CO COM 002896207 24 1500 SH DEFINED 1500 0 0
ABITIBI-CONSOLIDATED INC COM 003924107 11234 1174800 SH SOLE 659500 70600 444700
ABITIBI-CONSOLIDATED INC COM 003924107 145 15200 SH DEFINED 15200 0 0
ADAPTEC INC COM 00651F108 5871 152000 SH SOLE 138500 0 13500
ADAPTEC INC COM 00651F108 664 17200 SH DEFINED 17200 0 0
AGRIBRANDS INTL INC COM 00849R105 7045 179200 SH SOLE 170200 5500 3500
AGRIBRANDS INTL INC COM 00849R105 31 800 SH DEFINED 800 0 0
ALCAN ALUM LTD COM 013716105 4912 144200 SH DEFINED 2 144200 0 0
ALCAN ALUM LTD COM 013716105 29651 870500 SH SOLE 482100 56500 331900
ALCAN ALUM LTD COM 013716105 480 14100 SH DEFINED 14100 0 0
ALLIANT ENERGY CORP COM 018802108 16984 558000 SH SOLE 529300 17200 11500
ALLIANT TECHSYSTEMS INC COM 018804104 2832 48096 SH DEFINED 1 48096 0 0
ALLIANT TECHSYSTEMS INC COM 018804104 8609 146226 SH SOLE 116525 26438 3263
ALLIANT TECHSYSTEMS INC COM 018804104 60 1011 SH DEFINED 1011 0 0
ALLMERICA FINL CORP COM 019754100 10418 204275 SH DEFINED 2 204275 0 0
</TABLE>
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<TABLE>
<CAPTION>
TITLE VALUE SHARES/ SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
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>
ALLMERICA FINL CORP COM 019754100 96165 1885585 SH SOLE 1412779 40306 432500
ALLMERICA FINL CORP COM 019754100 5252 102980 SH DEFINED 102980 0 0
ALPHARMA INC COM 020813101 3447 93800 SH DEFINED 1 93800 0 0
ALPHARMA INC COM 020813101 12352 336100 SH SOLE 275500 50400 10200
ALPHARMA INC COM 020813101 77 2100 SH DEFINED 2100 0 0
ALZA CORP COM 022615108 6123 163000 SH SOLE 147200 0 15800
ALZA CORP COM 022615108 774 20600 SH DEFINED 20600 0 0
AMCOR LTD PRIDES 7 02341R401 88 2500 SH DEFINED 2500 0 0
AMCOR LTD PRIDES 7 02341R401 4985 142435 SH SOLE 142435 0 0
AMERADA HESS CORP COM 023551104 30012 464400 SH SOLE 423300 0 41100
AMERADA HESS CORP COM 023551104 3399 52600 SH DEFINED 52600 0 0
AMERICAN CAP STRATEGIES LTD COM 024937104 18 700 SH DEFINED 700 0 0
AMERICAN CAP STRATEGIES LTD COM 024937104 19397 764400 SH SOLE 726200 22100 16100
AMERICAN HOME PRODS CORP COM 026609107 68773 1279490 SH SOLE 653790 67000 558700
AMERICAN HOME PRODS CORP COM 026609107 790 14700 SH DEFINED 14700 0 0
AMERICAN INTL GROUP INC COM 026874107 56542 516367 SH SOLE 254267 24600 237500
AMERICAN INTL GROUP INC COM 026874107 605 5525 SH DEFINED 5525 0 0
ANNTAYLOR STORES CORP COM 036115103 2926 127200 SH DEFINED 1 127200 0 0
ANNTAYLOR STORES CORP COM 036115103 10695 465000 SH SOLE 380900 70200 13900
ANNTAYLOR STORES CORP COM 036115103 1408 61200 SH DEFINED 61200 0 0
ANTHRACITE CAP INC COM 037023108 4257 597500 SH SOLE 579000 4600 13900
APACHE CORP COM 037411105 20980 421700 SH SOLE 379700 0 42000
APACHE CORP COM 037411105 2652 53300 SH DEFINED 53300 0 0
ASTORIA FINL CORP COM 046265104 3740 131800 SH DEFINED 1 131800 0 0
ASTORIA FINL CORP COM 046265104 33406 1177305 SH SOLE 1015910 78845 82550
ASTORIA FINL CORP COM 046265104 2409 84915 SH DEFINED 84915 0 0
AUTODESK INC COM 052769106 30512 670600 SH SOLE 612100 0 58500
AUTODESK INC COM 052769106 3381 74300 SH DEFINED 74300 0 0
AVALONBAY CMNTYS INC COM 053484101 8321 227200 SH SOLE 112700 15200 99300
AVALONBAY CMNTYS INC COM 053484101 176 4800 SH DEFINED 4800 0 0
AVENTIS COM 053561106 13138 243300 SH SOLE 141900 14800 86600
AVENTIS COM 053561106 167 3100 SH DEFINED 3100 0 0
AVERY DENNISON CORP COM 053611109 348 5700 SH SOLE 5700 0 0
</TABLE>
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<TABLE>
<CAPTION>
TITLE VALUE SHARES/ SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
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>
AVISTA CORP COM 05379B107 2062 50600 SH DEFINED 1 50600 0 0
AVISTA CORP COM 05379B107 7245 177800 SH SOLE 145400 27000 5400
AVISTA CORP COM 05379B107 49 1200 SH DEFINED 1200 0 0
BJS WHSL CLUB INC COM 05548J106 51117 1332050 SH SOLE 1194950 7600 129500
BJS WHSL CLUB INC COM 05548J106 4487 116922 SH DEFINED 116922 0 0
BAKER FENTRESS & CO COM 057213209 2833 234880 SH SOLE 220876 8334 5670
BAKER HUGHES INC COM 057224107 40739 1346750 SH SOLE 665350 64500 616900
BAKER HUGHES INC COM 057224107 466 15400 SH DEFINED 15400 0 0
BANK ONE CORP COM 06423A103 7270 211500 SH DEFINED 2 211500 0 0
BANK ONE CORP COM 06423A103 42546 1237700 SH SOLE 622200 60700 554800
BANK ONE CORP COM 06423A103 485 14100 SH DEFINED 14100 0 0
BARD C R INC COM 067383109 79394 2052200 SH SOLE 1814300 37900 200000
BARD C R INC COM 067383109 3087 79800 SH DEFINED 79800 0 0
BARNES & NOBLE INC COM 067774109 5023 214300 SH DEFINED 1 214300 0 0
BARNES & NOBLE INC COM 067774109 16873 719900 SH SOLE 583400 112500 24000
BARNES & NOBLE INC COM 067774109 120 5100 SH DEFINED 5100 0 0
BARR LABS INC COM 068306109 2533 60300 SH DEFINED 1 60300 0 0
BARR LABS INC COM 068306109 6481 154300 SH SOLE 131500 18500 4300
BARR LABS INC COM 068306109 34 800 SH DEFINED 800 0 0
BAUSCH & LOMB INC COM 071707103 11460 219600 SH SOLE 200100 0 19500
BAUSCH & LOMB INC COM 071707103 1299 24900 SH DEFINED 24900 0 0
BAXTER INTL INC COM 071813109 7278 116100 SH DEFINED 2 116100 0 0
BAXTER INTL INC COM 071813109 90055 1436575 SH SOLE 727275 70800 638500
BAXTER INTL INC COM 071813109 1034 16500 SH DEFINED 16500 0 0
BECKMAN COULTER INC COM 075811108 3903 60800 SH DEFINED 1 60800 0 0
BECKMAN COULTER INC COM 075811108 11798 183800 SH SOLE 146400 31500 5900
BECKMAN COULTER INC COM 075811108 77 1200 SH DEFINED 1200 0 0
BELL ATLANTIC CORP COM 077853109 83607 1367800 SH SOLE 699000 68200 600600
BELL ATLANTIC CORP COM 077853109 886 14500 SH DEFINED 14500 0 0
BELLSOUTH CORP COM 079860102 82781 1766000 SH SOLE 895200 87500 783300
BELLSOUTH CORP COM 079860102 942 20100 SH DEFINED 20100 0 0
BERKLEY W R CORP COM 084423102 1049 45500 SH DEFINED 1 45500 0 0
BERKLEY W R CORP COM 084423102 3351 145300 SH SOLE 114600 25600 5100
</TABLE>
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<TABLE>
<CAPTION>
TITLE VALUE SHARES/ SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
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>
BERKLEY W R CORP COM 084423102 23 1000 SH DEFINED 1000 0 0
BIOMET INC COM 090613100 922 25350 SH SOLE 25350 0 0
BLACKROCK INC COM 09247X101 3281 162000 SH DEFINED 1 162000 0 0
BLACKROCK INC COM 09247X101 10617 524300 SH SOLE 435200 70800 18300
BLACKROCK INC COM 09247X101 81 4000 SH DEFINED 4000 0 0
BLOCK H & R INC COM 093671105 56622 1265300 SH SOLE 1179700 23200 62400
BLOCK H & R INC COM 093671105 2663 59500 SH DEFINED 59500 0 0
BOEING CO COM 097023105 22238 588100 SH SOLE 300000 30800 257300
BOEING CO COM 097023105 272 7200 SH DEFINED 7200 0 0
BOWATER INC COM 102183100 19574 366725 SH SOLE 282625 0 84100
BOWATER INC COM 102183100 1681 31500 SH DEFINED 31500 0 0
BRADY CORP COM 104674106 9 300 SH DEFINED 300 0 0
BRADY CORP COM 104674106 3671 117700 SH SOLE 117700 0 0
BURLINGTON COAT FACTORY WHSE COM 121579106 3061 178100 SH DEFINED 1 178100 0 0
BURLINGTON COAT FACTORY WHSE COM 121579106 10020 583000 SH SOLE 468500 95300 19200
BURLINGTON COAT FACTORY WHSE COM 121579106 67 3900 SH DEFINED 3900 0 0
BURLINGTON RES INC COM 122014103 14167 382900 SH DEFINED 2 382900 0 0
BURLINGTON RES INC COM 122014103 110834 2995500 SH SOLE 1758400 137900 1099200
BURLINGTON RES INC COM 122014103 1103 29800 SH DEFINED 29800 0 0
CIGNA CORP COM 125509109 12209 161175 SH DEFINED 2 161175 0 0
CIGNA CORP COM 125509109 90236 1191230 SH SOLE 604815 56000 530415
CIGNA CORP COM 125509109 1038 13700 SH DEFINED 13700 0 0
CPI CORP COM 125902106 6406 274800 SH SOLE 260800 8300 5700
CNA FINL CORP COM 126117100 12065 373400 SH SOLE 354700 11000 7700
CNA SURETY CORP COM 12612L108 1310 94000 SH DEFINED 1 94000 0 0
CNA SURETY CORP COM 12612L108 40 2900 SH DEFINED 2900 0 0
CNA SURETY CORP COM 12612L108 3082 221100 SH SOLE 173400 47700 0
CVS CORP COM 126650100 51849 1380350 SH SOLE 696550 66200 617600
CVS CORP COM 126650100 605 16100 SH DEFINED 16100 0 0
CAMBREX CORP COM 132011107 2553 58700 SH DEFINED 1 58700 0 0
CAMBREX CORP COM 132011107 9257 212800 SH SOLE 179300 26000 7500
CAMBREX CORP COM 132011107 35 800 SH DEFINED 800 0 0
CAMDEN PPTY TR COM 133131102 3578 132200 SH SOLE 124900 4500 2800
</TABLE>
<PAGE> 7
<TABLE>
<CAPTION>
TITLE VALUE SHARES/ SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
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>
CANADIAN 88 ENERGY CORP COM 13566G509 5 3500 SH SOLE 3500 0 0
CANADIAN 88 ENERGY CORP COM 13566G509 1 900 SH DEFINED 900 0 0
CANADIAN PAC LTD NEW COM 135923100 18 800 SH SOLE 800 0 0
CANANDAIGUA BRANDS INC COM 137219200 2479 48600 SH DEFINED 1 48600 0 0
CANANDAIGUA BRANDS INC COM 137219200 7431 145700 SH SOLE 115500 27100 3100
CANANDAIGUA BRANDS INC COM 137219200 56 1100 SH DEFINED 1100 0 0
CAPITAL AUTOMOTIVE REIT COM 139733109 14 1200 SH DEFINED 1200 0 0
CAPITAL AUTOMOTIVE REIT COM 139733109 3982 331800 SH SOLE 316300 9300 6200
CAPTEC NET LEASE RLTY INC COM 14072410 218 26100 SH SOLE 0 26100 0
CAREMARK RX INC COM 141705103 57 13600 SH SOLE 13600 0 0
CAREMARK RX INC COM 141705103 15 3600 SH DEFINED 3600 0 0
CENTRAL & SOUTH WEST CORP COM 152357109 5497 321000 SH SOLE 304700 9600 6700
CHASE MANHATTAN CORP NEW COM 16161A108 31745 364100 SH SOLE 177160 18400 168540
CHASE MANHATTAN CORP NEW COM 16161A108 366 4200 SH DEFINED 4200 0 0
CHEMED CORP COM 163596109 7467 248900 SH SOLE 236100 7700 5100
CHEVRON CORP COM 166751107 1636 17700 SH SOLE 16300 0 1400
CHRIS CRAFT INDS INC COM 170520100 30337 476336 SH SOLE 447104 8283 20949
CHRIS CRAFT INDS INC COM 170520100 1007 15804 SH DEFINED 15804 0 0
CIRCUIT CITY STORES INC COM 172737108 5558 91300 SH DEFINED 2 91300 0 0
CIRCUIT CITY STORES INC COM 172737108 18056 296600 SH SOLE 154700 15000 126900
CIRCUIT CITY STORES INC COM 172737108 213 3500 SH DEFINED 3500 0 0
CITIGROUP INC COM 172967101 99943 1669192 SH SOLE 846592 82900 739700
CITIGROUP INC COM 172967101 1135 18950 SH DEFINED 18950 0 0
CITIZENS UTILS CO DEL COM 177342201 9393 573625 SH SOLE 518025 0 55600
CITIZENS UTILS CO DEL COM 177342201 1158 70700 SH DEFINED 70700 0 0
CLAIRES STORES INC COM 179584107 3025 150800 SH DEFINED 1 150800 0 0
CLAIRES STORES INC COM 179584107 74 3700 SH DEFINED 3700 0 0
CLAIRES STORES INC COM 179584107 9461 471600 SH SOLE 371900 83200 16500
COLUMBIA ENERGY GROUP COM 197648108 19462 328475 SH SOLE 297575 0 30900
COLUMBIA ENERGY GROUP COM 197648108 2222 37500 SH DEFINED 37500 0 0
COMMERCIAL FEDERAL CORP COM 201647104 552 33200 SH SOLE 33200 0 0
COMMERCIAL NET LEASE RLTY COM 202218103 11 1100 SH DEFINED 1100 0 0
COMMERCIAL NET LEASE RLTY COM 202218103 699 66936 SH SOLE 63236 2200 1500
</TABLE>
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<TABLE>
<CAPTION>
TITLE VALUE SHARES/ SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
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>
COMPAQ COMPUTER CORP COM 204493100 18666 697800 SH SOLE 346200 33300 318300
COMPAQ COMPUTER CORP COM 204493100 190 7100 SH DEFINED 7100 0 0
COMPUTER ASSOCIATE INTL INC COM 204912109 8388 141725 SH DEFINED 2 141725 0 0
COMPUTER ASSOCIATE INTL INC COM 204912109 88839 1500975 SH SOLE 760075 74300 666600
COMPUTER ASSOCIATE INTL INC COM 204912109 1059 17900 SH DEFINED 17900 0 0
COMPUTER LEARNING CTRS INC COM 205199102 25 14300 SH SOLE 14300 0 0
COMPUTER LEARNING CTRS INC COM 205199102 7 3800 SH DEFINED 3800 0 0
COMSAT CORP COM 20564D107 2793 135400 SH DEFINED 1 135400 0 0
COMSAT CORP COM 20564D107 9772 473800 SH SOLE 381200 77300 15300
COMSAT CORP COM 20564D107 68 3300 SH DEFINED 3300 0 0
CONOCO INC COM 208251306 8760 355750 SH DEFINED 2 355750 0 0
CONOCO INC COM 208251306 18 750 SH SOLE 750 0 0
CONOCO INC COM 208251405 142360 5555523 SH SOLE 3469879 246841 1838803
CONOCO INC COM 208251405 1380 53863 SH DEFINED 53863 0 0
CONSOLIDATED TOMOKA LD CO COM 210226106 1869 168948 SH SOLE 158184 6406 4358
COOPER COS INC COM 216648402 2395 74400 SH DEFINED 1 74400 0 0
COOPER COS INC COM 216648402 7419 230500 SH SOLE 181300 41100 8100
COOPER COS INC COM 216648402 52 1600 SH DEFINED 1600 0 0
COUNTRYWIDE CR INDS INC COM 222372104 6238 228900 SH DEFINED 2 228900 0 0
COUNTRYWIDE CR INDS INC COM 222372104 52440 1924400 SH SOLE 974700 95400 854300
COUNTRYWIDE CR INDS INC COM 222372104 594 21800 SH DEFINED 21800 0 0
CRESCENT R E EQUITIES INC PFD CNV 225756204 143 10100 SH DEFINED 10100 0 0
CRESCENT R E EQUITIES INC PFD CNV 225756204 4763 337200 SH SOLE 337200 0 0
CYTEC INDS INC COM 232820100 2321 75800 SH DEFINED 1 75800 0 0
CYTEC INDS INC COM 232820100 6787 221600 SH SOLE 171800 41500 8300
CYTEC INDS INC COM 232820100 64 2100 SH DEFINED 2100 0 0
DQE INC COM 23329J104 16203 356100 SH SOLE 324300 0 31800
DQE INC COM 23329J104 1852 40700 SH DEFINED 40700 0 0
D R HORTON INC COM 23331A102 2215 169600 SH DEFINED 1 169600 0 0
D R HORTON INC COM 23331A102 16062 1229600 SH SOLE 1045500 90200 93900
D R HORTON INC COM 23331A102 1251 95800 SH DEFINED 95800 0 0
DAL-TILE INTL INC COM 23426R108 3962 499100 SH DEFINED 1 499100 0 0
DAL-TILE INTL INC COM 23426R108 87 11000 SH DEFINED 11000 0 0
</TABLE>
<PAGE> 9
<TABLE>
<CAPTION>
TITLE VALUE SHARES/ SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
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>
DAL-TILE INTL INC COM 23426R108 13033 1642000 SH SOLE 1305800 276200 60000
DANA CORP COM 235811106 8775 311300 SH SOLE 280400 0 30900
DANA CORP COM 235811106 1085 38500 SH DEFINED 38500 0 0
DEERE & CO COM 244199105 836 22000 SH DEFINED 2 22000 0 0
DEERE & CO COM 244199105 48496 1276200 SH SOLE 644300 63100 568800
DEERE & CO COM 244199105 608 16000 SH DEFINED 16000 0 0
DELUXE CORP COM 248019101 17837 673100 SH SOLE 639500 20100 13500
DELUXE CORP COM 248019101 11 400 SH DEFINED 400 0 0
DEVON ENERGY CORP NEW COM 25179M103 15666 322600 SH SOLE 294600 0 28000
DEVON ENERGY CORP NEW COM 25179M103 1705 35100 SH DEFINED 35100 0 0
DEXTER CORP COM 252165105 6678 126000 SH DEFINED 1 126000 0 0
DEXTER CORP COM 252165105 40789 769600 SH SOLE 649700 81500 38400
DEXTER CORP COM 252165105 2120 40000 SH DEFINED 40000 0 0
DIAMOND OFFSHORE DRILLNG INC COM 25271C102 25560 640000 SH SOLE 316200 31800 292000
DIAMOND OFFSHORE DRILLNG INC COM 25271C102 280 7000 SH DEFINED 7000 0 0
DIEBOLD INC COM 253651103 10711 389500 SH SOLE 353900 0 35600
DIEBOLD INC COM 253651103 1224 44500 SH DEFINED 44500 0 0
DILLARDS INC COM 254067101 414 25200 SH SOLE 25200 0 0
DIME BANCORP INC NEW COM 25429Q102 7060 381600 SH DEFINED 1 381600 0 0
DIME BANCORP INC NEW COM 25429Q102 61555 3327300 SH SOLE 2888000 203400 235900
DIME BANCORP INC NEW COM 25429Q102 4669 252400 SH DEFINED 252400 0 0
DOWNEY FINL CORP COM 261018105 1694 79700 SH DEFINED 1 79700 0 0
DOWNEY FINL CORP COM 261018105 5032 236800 SH SOLE 185500 42200 9100
DOWNEY FINL CORP COM 261018105 40 1900 SH DEFINED 1900 0 0
DRESS BARN INC COM 261570105 487 25300 SH DEFINED 1 25300 0 0
DRESS BARN INC COM 261570105 1503 78100 SH SOLE 64800 11100 2200
DRESS BARN INC COM 261570105 10 500 SH DEFINED 500 0 0
DUN & BRADSTREET CORP DEL COM 26483B106 12523 437500 SH SOLE 395800 0 41700
DUN & BRADSTREET CORP DEL COM 26483B106 1537 53700 SH DEFINED 53700 0 0
ECC INTL CORP COM 268255106 34 9300 SH SOLE 9300 0 0
ECC INTL CORP COM 268255106 9 2500 SH DEFINED 2500 0 0
ENI S P A COM 26874R108 13159 259300 SH SOLE 246000 7900 5400
EOG RES INC COM 26875P101 21802 1029000 SH SOLE 975800 31700 21500
</TABLE>
<PAGE> 10
<TABLE>
<CAPTION>
TITLE VALUE SHARES/ SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
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>
EAST WEST BANCORP INC COM 27579R104 13227 1195700 SH SOLE 1142800 28700 24200
EL PASO ELEC CO COM 283677854 3710 357600 SH DEFINED 1 357600 0 0
EL PASO ELEC CO COM 283677854 100 9600 SH DEFINED 9600 0 0
EL PASO ELEC CO COM 283677854 12867 1240200 SH SOLE 1005400 195500 39300
EL PASO ENERGY CORP DEL COM 283905107 12524 310200 SH DEFINED 2 310200 0 0
EL PASO ENERGY CORP DEL COM 283905107 41957 1039175 SH SOLE 529875 48700 460600
EL PASO ENERGY CORP DEL COM 283905107 408 10100 SH DEFINED 10100 0 0
ELCOR CORP COM 284443108 1142 33100 SH DEFINED 1 33100 0 0
ELCOR CORP COM 284443108 5265 152600 SH SOLE 126600 22300 3700
ELCOR CORP COM 284443108 21 600 SH DEFINED 600 0 0
ELECTRONIC DATA SYS CORP NEW COM 285661104 39809 620200 SH SOLE 312200 29700 278300
ELECTRONIC DATA SYS CORP NEW COM 285661104 481 7500 SH DEFINED 7500 0 0
ENCOMPASS SVCS CORP COM 29255U104 6 1075 SH DEFINED 1075 0 0
ENCOMPASS SVCS CORP COM 29255U104 6847 1190843 SH SOLE 1137368 28353 25122
ENERGY EAST CORP COM 29266M109 11398 575275 SH SOLE 522075 0 53200
ENERGY EAST CORP COM 29266M109 1333 67300 SH DEFINED 67300 0 0
EQUITY OFFICE PPTYS TR COM 294741103 22894 911200 SH SOLE 474600 46900 389700
EQUITY OFFICE PPTYS TR COM 294741103 259 10300 SH DEFINED 10300 0 0
EQUITY OFFICE PPTYS TR PFD CV B 294741509 110 2900 SH DEFINED 2900 0 0
EQUITY OFFICE PPTYS TR PFD CV B 294741509 10963 288500 SH SOLE 288500 0 0
EQUITY RESIDENTIAL PPTYS TR COM 29476L107 18125 451000 SH SOLE 225800 25000 200200
EQUITY RESIDENTIAL PPTYS TR COM 29476L107 197 4900 SH DEFINED 4900 0 0
EQUITY RESIDENTIAL PPTYS TR DP RP PF 29476L85 109 5500 SH DEFINED 5500 0 0
EQUITY RESIDENTIAL PPTYS TR DP RP PF 29476L85 7126 360800 SH SOLE 360800 0 0
ETHAN ALLEN INTERIORS INC COM 297602104 2525 101000 SH DEFINED 1 101000 0 0
ETHAN ALLEN INTERIORS INC COM 297602104 7543 301700 SH SOLE 236700 54100 10900
ETHAN ALLEN INTERIORS INC COM 297602104 55 2200 SH DEFINED 2200 0 0
EXPEDITORS INTL WASH INC COM 302130109 14966 376500 SH SOLE 356900 11700 7900
EXXON MOBIL CORP COM 30231G102 31 400 SH DEFINED 400 0 0
EXXON MOBIL CORP COM 30231G102 8311 106636 SH SOLE 25828 0 80808
FBR ASSET INVT CORP COM 30241E303 15 1400 SH DEFINED 1400 0 0
FBR ASSET INVT CORP COM 30241E303 5314 483100 SH SOLE 450900 19900 12300
FMC CORP COM 302491303 3605 63800 SH DEFINED 1 63800 0 0
</TABLE>
<PAGE> 11
<TABLE>
<CAPTION>
TITLE VALUE SHARES/ SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
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>
FMC CORP COM 302491303 12261 217000 SH SOLE 170500 39300 7200
FMC CORP COM 302491303 90 1600 SH DEFINED 1600 0 0
FAB INDS INC COM 302747100 341 32900 SH SOLE 31000 1000 900
FEDERAL HOME LN MTG CORP COM 313400301 598 13525 SH DEFINED 2 13525 0 0
FEDERAL HOME LN MTG CORP COM 313400301 155242 3513250 SH SOLE 2279550 147500 1086200
FEDERAL HOME LN MTG CORP COM 313400301 1220 27600 SH DEFINED 27600 0 0
FEDERAL NATL MTG ASSN COM 313586109 10487 185400 SH DEFINED 2 185400 0 0
FEDERAL NATL MTG ASSN COM 313586109 99508 1759265 SH SOLE 1033340 81200 644725
FEDERAL NATL MTG ASSN COM 313586109 922 16300 SH DEFINED 16300 0 0
FEDERATED DEPT STORES INC DE COM 31410H101 16987 402050 SH SOLE 204450 19200 178400
FEDERATED DEPT STORES INC DE COM 31410H101 177 4200 SH DEFINED 4200 0 0
FINL SEC ASSURN HLDGS LTD COM 31769P100 21209 288800 SH SOLE 273800 8900 6100
FIRST SEC CORP DEL COM 336294103 3853 321100 SH SOLE 304200 10100 6800
FLEETBOSTON FINL CORP COM 339030108 8434 231075 SH DEFINED 2 231075 0 0
FLEETBOSTON FINL CORP COM 339030108 53697 1471160 SH SOLE 748260 72800 650100
FLEETBOSTON FINL CORP COM 339030108 620 17000 SH DEFINED 17000 0 0
FLEETWOOD ENTERPRISES INC COM 339099103 8770 594600 SH SOLE 563700 18500 12400
FLEMING COS INC COM 339130106 596 39600 SH SOLE 39600 0 0
FLETCHER CHALLENGE ENRG DIV COM 339318107 2498 109800 SH DEFINED 1 109800 0 0
FLETCHER CHALLENGE ENRG DIV COM 339318107 6111 268600 SH SOLE 211800 43400 13400
FLETCHER CHALLENGE ENRG DIV COM 339318107 64 2800 SH DEFINED 2800 0 0
FOOTSTAR INC COM 344912100 1989 70400 SH DEFINED 1 70400 0 0
FOOTSTAR INC COM 344912100 6291 222700 SH SOLE 172800 42300 7600
FOOTSTAR INC COM 344912100 42 1500 SH DEFINED 1500 0 0
FORD MTR CO DEL COM 345370100 13974 304200 SH SOLE 287900 9600 6700
FRONTIER INS GROUP INC NEW COM 359081106 9 9300 SH SOLE 9300 0 0
FRONTIER INS GROUP INC NEW COM 359081106 2 2400 SH DEFINED 2400 0 0
GC COS INC COM 36155Q109 9473 272600 SH SOLE 256000 8800 7800
GPU INC COM 36225X100 19209 701700 SH SOLE 635900 0 65800
GPU INC COM 36225X100 2368 86500 SH DEFINED 86500 0 0
GTE CORP COM 362320103 49338 694905 SH SOLE 417905 31700 245300
GTE CORP COM 362320103 469 6600 SH DEFINED 6600 0 0
GABLES RESIDENTIAL TR COM 362418105 1550 68900 SH SOLE 65400 2100 1400
</TABLE>
<PAGE> 12
<TABLE>
<CAPTION>
TITLE VALUE SHARES/ SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
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>
GALILEO INTL INC COM 363547100 39157 1627300 SH SOLE 1530300 38300 58700
GALILEO INTL INC COM 363547100 965 40100 SH DEFINED 40100 0 0
GALLAGHER ARTHUR J & CO COM 363576109 1190 36600 SH DEFINED 1 36600 0 0
GALLAGHER ARTHUR J & CO COM 363576109 42 1300 SH DEFINED 1300 0 0
GALLAGHER ARTHUR J & CO COM 363576109 3822 117600 SH SOLE 92500 20900 4200
GARTNER GROUP INC NEW COM 366651107 2993 190000 SH DEFINED 1 190000 0 0
GARTNER GROUP INC NEW COM 366651107 9478 601800 SH SOLE 465600 114800 21400
GARTNER GROUP INC NEW COM 366651107 72 4600 SH DEFINED 4600 0 0
GENERAL SEMICONDUCTOR INC COM 370787103 2224 128900 SH DEFINED 1 128900 0 0
GENERAL SEMICONDUCTOR INC COM 370787103 6607 383000 SH SOLE 303300 65000 14700
GENERAL SEMICONDUCTOR INC COM 370787103 55 3200 SH DEFINED 3200 0 0
GOLDEN ST BANCORP INC COM 381197102 353 23600 SH SOLE 23600 0 0
GOLDEN ST BANCORP INC LTGTN TR 381197136 5799 4315489 SH SOLE 4074457 142707 98325
GOODRICH B F CO COM 382388106 33858 1180225 SH SOLE 1096125 18500 65600
GOODRICH B F CO COM 382388106 1899 66200 SH DEFINED 66200 0 0
GRAND UN CO COM 386532402 1271 432700 SH DEFINED 1 432700 0 0
GRAND UN CO COM 386532402 3420 1164200 SH SOLE 950900 167000 46300
GRAND UN CO COM 386532402 31 10700 SH DEFINED 10700 0 0
GRANITE CONSTR INC COM 387328107 2306 85400 SH DEFINED 1 85400 0 0
GRANITE CONSTR INC COM 387328107 62 2300 SH DEFINED 2300 0 0
GRANITE CONSTR INC COM 387328107 7217 267300 SH SOLE 210800 47100 9400
HMT TECHNOLOGY CORP COM 403917107 35 10600 SH SOLE 10600 0 0
HMT TECHNOLOGY CORP COM 403917107 9 2800 SH DEFINED 2800 0 0
HADCO CORP COM 404681108 4600 70900 SH DEFINED 1 70900 0 0
HADCO CORP COM 404681108 17458 269100 SH SOLE 219300 41800 8000
HADCO CORP COM 404681108 110 1700 SH DEFINED 1700 0 0
HALLIBURTON CO COM 406216101 13615 331075 SH DEFINED 2 331075 0 0
HALLIBURTON CO COM 406216101 44765 1088515 SH SOLE 572315 56500 459700
HALLIBURTON CO COM 406216101 531 12900 SH DEFINED 12900 0 0
HARCOURT GEN INC COM 41163G101 6184 166025 SH DEFINED 2 166025 0 0
HARCOURT GEN INC COM 41163G101 95226 2556409 SH SOLE 1673909 86800 795700
HARCOURT GEN INC COM 41163G101 3118 83700 SH DEFINED 83700 0 0
HARMAN INTL INDS INC NEW COM 413086109 2592 43200 SH DEFINED 1 43200 0 0
</TABLE>
<PAGE> 13
<TABLE>
<CAPTION>
TITLE VALUE SHARES/ SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
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>
HARMAN INTL INDS INC NEW COM 413086109 8981 149675 SH SOLE 121175 23800 4700
HARMAN INTL INDS INC NEW COM 413086109 60 1000 SH DEFINED 1000 0 0
HARRIS CORP DEL COM 413875105 32196 931525 SH SOLE 864025 14500 53000
HARRIS CORP DEL COM 413875105 1877 54300 SH DEFINED 54300 0 0
HASBRO INC COM 418056107 15902 952900 SH SOLE 885300 9700 57900
HASBRO INC COM 418056107 1060 63500 SH DEFINED 63500 0 0
HAWAIIAN ELEC INDS INC COM 419870100 1486 46700 SH DEFINED 1 46700 0 0
HAWAIIAN ELEC INDS INC COM 419870100 4476 140700 SH SOLE 110100 25500 5100
HAWAIIAN ELEC INDS INC COM 419870100 35 1100 SH DEFINED 1100 0 0
HEALTH MGMT ASSOC INC NEW COM 421933102 18744 1315400 SH SOLE 1193100 0 122300
HEALTH MGMT ASSOC INC NEW COM 421933102 2175 152600 SH DEFINED 152600 0 0
HEWLETT PACKARD CO COM 428236103 31313 236210 SH SOLE 119430 11800 104980
HEWLETT PACKARD CO COM 428236103 365 2750 SH DEFINED 2750 0 0
HIGHLANDS INS GROUP INC COM 431032101 3675 426100 SH SOLE 400800 13500 11800
HONEYWELL INTL INC COM 438516106 9822 186425 SH DEFINED 2 186425 0 0
HONEYWELL INTL INC COM 438516106 27093 514220 SH SOLE 263320 26700 224200
HONEYWELL INTL INC COM 438516106 353 6700 SH DEFINED 6700 0 0
IMC GLOBAL INC WT 12-31 449669118 0 1 SH SOLE 0 0 1
ITLA CAP CORP COM 450565106 22 1700 SH DEFINED 1700 0 0
ITLA CAP CORP COM 450565106 1382 108400 SH SOLE 102300 3500 2600
ILLINOIS TOOL WKS INC COM 452308109 7321 132500 SH DEFINED 2 132500 0 0
ILLINOIS TOOL WKS INC COM 452308109 49830 901900 SH SOLE 458000 44600 399300
ILLINOIS TOOL WKS INC COM 452308109 597 10800 SH DEFINED 10800 0 0
IMPERIAL BANCORP COM 452556103 1915 61764 SH DEFINED 1 61764 0 0
IMPERIAL BANCORP COM 452556103 14746 475684 SH SOLE 420700 24504 30480
IMPERIAL BANCORP COM 452556103 1001 32304 SH DEFINED 32304 0 0
IMRGLOBAL CORP COM 45321W106 1548 107700 SH DEFINED 1 107700 0 0
IMRGLOBAL CORP COM 45321W106 5667 394200 SH SOLE 322800 59600 11800
IMRGLOBAL CORP COM 45321W106 35 2400 SH DEFINED 2400 0 0
INFORMIX CORP COM 456779107 15668 925050 SH SOLE 839450 0 85600
INFORMIX CORP COM 456779107 1811 106900 SH DEFINED 106900 0 0
INGERSOLL RAND CO COM 456866102 6970 157525 SH DEFINED 2 157525 0 0
INGERSOLL RAND CO COM 456866102 33731 762275 SH SOLE 377675 35100 349500
</TABLE>
<PAGE> 14
<TABLE>
<CAPTION>
TITLE VALUE SHARES/ SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
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>
INGERSOLL RAND CO COM 456866102 323 7300 SH DEFINED 7300 0 0
INGRAM MICRO INC COM 457153104 3550 230900 SH SOLE 207600 0 23300
INGRAM MICRO INC COM 457153104 447 29100 SH DEFINED 29100 0 0
INSIGHT ENTERPRISES INC COM 45765U103 1202 33000 SH DEFINED 1 33000 0 0
INSIGHT ENTERPRISES INC COM 45765U103 4511 123800 SH SOLE 101400 18700 3700
INSIGHT ENTERPRISES INC COM 45765U103 26 700 SH DEFINED 700 0 0
INTERLINQ SOFTWARE CORP COM 458753100 48 8900 SH SOLE 8900 0 0
INTERLINQ SOFTWARE CORP COM 458753100 12 2300 SH DEFINED 2300 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 71909 609400 SH SOLE 306800 30400 272200
INTERNATIONAL BUSINESS MACHS COM 459200101 932 7900 SH DEFINED 7900 0 0
INTERNATIONAL HOME FOODS INC COM 459655106 8926 557900 SH SOLE 507000 0 50900
INTERNATIONAL HOME FOODS INC COM 459655106 995 62200 SH DEFINED 62200 0 0
IPALCO ENTERPRISES INC COM 462613100 1291 66200 SH DEFINED 1 66200 0 0
IPALCO ENTERPRISES INC COM 462613100 4101 210300 SH SOLE 163400 39400 7500
IPALCO ENTERPRISES INC COM 462613100 31 1600 SH DEFINED 1600 0 0
JLG INDS INC COM 466210101 345 37600 SH DEFINED 1 37600 0 0
JLG INDS INC COM 466210101 1103 120000 SH SOLE 94800 21000 4200
JLG INDS INC COM 466210101 7 800 SH DEFINED 800 0 0
JEFFERSON PILOT CORP COM 475070108 11054 166075 SH SOLE 151875 0 14200
JEFFERSON PILOT CORP COM 475070108 1198 18000 SH DEFINED 18000 0 0
JONES APPAREL GROUP INC COM 480074103 2562 81000 SH SOLE 46300 0 34700
JOSTENS INC COM 481088102 14157 580800 SH SOLE 550900 17800 12100
KANSAS CITY PWR & LT CO COM 485134100 3138 108200 SH DEFINED 1 108200 0 0
KANSAS CITY PWR & LT CO COM 485134100 9245 318800 SH SOLE 251200 55900 11700
KANSAS CITY PWR & LT CO COM 485134100 70 2400 SH DEFINED 2400 0 0
KEEBLER FOODS CO COM 487256109 60783 2118800 SH SOLE 1952500 20800 145500
KEEBLER FOODS CO COM 487256109 4731 164900 SH DEFINED 164900 0 0
KELLY SVCS INC COM 488152208 4292 179300 SH SOLE 170900 4400 4000
KERR MCGEE CORP COM 492386107 34137 591121 SH SOLE 315383 30862 244876
KERR MCGEE CORP COM 492386107 419 7251 SH DEFINED 7251 0 0
KERR MCGEE CORP DECS 5.5 492386305 10445 232100 SH SOLE 220100 7000 5000
KIMBERLY CLARK CORP COM 494368103 10848 193500 SH DEFINED 2 193500 0 0
KIMBERLY CLARK CORP COM 494368103 64304 1147010 SH SOLE 574620 56400 515990
</TABLE>
<PAGE> 15
<TABLE>
<CAPTION>
TITLE VALUE SHARES/ SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
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>
KIMBERLY CLARK CORP COM 494368103 751 13400 SH DEFINED 13400 0 0
KOMAG INC COM 500453105 40 10600 SH SOLE 10600 0 0
KOMAG INC COM 500453105 11 2800 SH DEFINED 2800 0 0
KRANZCO RLTY TR COM 50076E103 805 92000 SH SOLE 85900 3700 2400
KRONOS INC COM 501052104 904 30500 SH DEFINED 1 30500 0 0
KRONOS INC COM 501052104 3371 113800 SH SOLE 93400 17000 3400
KRONOS INC COM 501052104 21 700 SH DEFINED 700 0 0
LNR PPTY CORP COM 501940100 26720 1401700 SH SOLE 1329300 43200 29200
LTC PPTYS INC COM 502175102 983 182800 SH SOLE 173500 5500 3800
LAFARGE CORP COM 505862102 6348 267300 SH SOLE 241000 0 26300
LAFARGE CORP COM 505862102 727 30600 SH DEFINED 30600 0 0
LENNAR CORP COM 526057104 269 12400 SH SOLE 12400 0 0
LEUCADIA NATL CORP COM 527288104 17297 728300 SH SOLE 687800 23700 16800
LIBERTY FINL COS INC COM 530512102 20 1000 SH DEFINED 1000 0 0
LIBERTY FINL COS INC COM 530512102 2334 117800 SH SOLE 105800 4300 7700
LIBERTY PPTY TR COM 531172104 3536 147700 SH SOLE 139600 4900 3200
LIFEPOINT HOSPS INC COM 53219L109 3184 191500 SH DEFINED 1 191500 0 0
LIFEPOINT HOSPS INC COM 53219L109 9659 581000 SH SOLE 490900 68100 22000
LIFEPOINT HOSPS INC COM 53219L109 37 2200 SH DEFINED 2200 0 0
LINCARE HLDGS INC COM 532791100 4920 173400 SH DEFINED 1 173400 0 0
LINCARE HLDGS INC COM 532791100 16826 593000 SH SOLE 478500 95600 18900
LINCARE HLDGS INC COM 532791100 108 3800 SH DEFINED 3800 0 0
LITTON INDS INC COM 538021106 126667 2866584 SH SOLE 2237334 119600 509650
LITTON INDS INC COM 538021106 4027 91136 SH DEFINED 91136 0 0
LIZ CLAIBORNE INC COM 539320101 16435 358749 SH SOLE 168420 18300 172029
LIZ CLAIBORNE INC COM 539320101 206 4500 SH DEFINED 4500 0 0
LOCAL FINL CORP COM 539553107 5 600 SH DEFINED 600 0 0
LOCAL FINL CORP COM 539553107 6433 751300 SH SOLE 712400 23800 15100
LOEWS CORP COM 540424108 2734 54675 SH DEFINED 2 54675 0 0
LOEWS CORP COM 540424108 65410 1308209 SH SOLE 1097709 44200 166300
LOEWS CORP COM 540424108 252 5050 SH DEFINED 5050 0 0
LOUIS DREYFUS NAT GAS CORP COM 546011107 3380 99400 SH DEFINED 1 99400 0 0
LOUIS DREYFUS NAT GAS CORP COM 546011107 7844 230700 SH SOLE 182900 36900 10900
</TABLE>
<PAGE> 16
<TABLE>
<CAPTION>
TITLE VALUE SHARES/ SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
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>
LOUIS DREYFUS NAT GAS CORP COM 546011107 82 2400 SH DEFINED 2400 0 0
LUFKIN INDS INC COM 549764108 619 42720 SH SOLE 39600 1820 1300
MBIA INC COM 55262C100 27593 530000 SH SOLE 502400 16500 11100
MCI WORLDCOM INC COM 55268B106 15091 333037 SH SOLE 315485 10468 7084
MACK CALI RLTY CORP COM 554489104 9792 384000 SH SOLE 195200 19200 169600
MACK CALI RLTY CORP COM 554489104 110 4300 SH DEFINED 4300 0 0
MANULIFE FINL CORP COM 56501R106 6978 475100 SH SOLE 454100 12500 8500
MARK IV INDS INC COM 570387100 4984 225900 SH DEFINED 1 225900 0 0
MARK IV INDS INC COM 570387100 15000 679900 SH SOLE 526400 128900 24600
MARK IV INDS INC COM 570387100 113 5100 SH DEFINED 5100 0 0
MARKEL CORP COM 570535104 7045 48422 SH SOLE 45908 1510 1004
MARSH & MCLENNAN COS INC COM 571748102 4413 40000 SH DEFINED 2 40000 0 0
MARSH & MCLENNAN COS INC COM 571748102 33837 306740 SH SOLE 142640 12100 152000
MARSH & MCLENNAN COS INC COM 571748102 298 2700 SH DEFINED 2700 0 0
MARTIN MARIETTA MTLS INC COM 573284106 16597 349400 SH SOLE 318400 0 31000
MARTIN MARIETTA MTLS INC COM 573284106 1881 39600 SH DEFINED 39600 0 0
MEAD CORP COM 582834107 9038 258700 SH SOLE 239700 0 19000
MEAD CORP COM 582834107 797 22800 SH DEFINED 22800 0 0
MEDIAONE GROUP INC COM 58440J104 126075 1556477 SH SOLE 963388 70802 522287
MEDIAONE GROUP INC COM 58440J104 1102 13600 SH DEFINED 13600 0 0
MERCHANTS GROUP INC COM 588539106 690 46400 SH SOLE 43100 2000 1300
MERISTAR HOSPITALITY CORP COM 58984Y103 11027 632357 SH SOLE 303036 28389 300932
MERISTAR HOSPITALITY CORP COM 58984Y103 81 4630 SH DEFINED 4630 0 0
METHANEX CORP COM 59151K108 31 14500 SH SOLE 14500 0 0
METHANEX CORP COM 59151K108 8 3900 SH DEFINED 3900 0 0
MID-AMER APT CMNTYS INC COM 59522J103 1775 78000 SH SOLE 73800 2500 1700
MINNESOTA MNG & MFG CO COM 604059105 37431 422650 SH SOLE 207150 19800 195700
MINNESOTA MNG & MFG CO COM 604059105 443 5000 SH DEFINED 5000 0 0
MONDAVI ROBERT CORP COM 609200100 1454 41700 SH DEFINED 1 41700 0 0
MONDAVI ROBERT CORP COM 609200100 4931 141400 SH SOLE 115100 23100 3200
MONDAVI ROBERT CORP COM 609200100 35 1000 SH DEFINED 1000 0 0
MOOG INC COM 615394202 1244 67700 SH DEFINED 1 67700 0 0
MOOG INC COM 615394202 2429 132200 SH SOLE 121200 11000 0
</TABLE>
<PAGE> 17
<TABLE>
<CAPTION>
TITLE VALUE SHARES/ SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
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>
MORGAN J P & CO INC COM 616880100 37246 282700 SH SOLE 142500 14000 126200
MORGAN J P & CO INC COM 616880100 487 3700 SH DEFINED 3700 0 0
MOVIE GALLERY INC COM 624581104 72 17400 SH SOLE 17400 0 0
MOVIE GALLERY INC COM 624581104 19 4600 SH DEFINED 4600 0 0
MUTUAL RISK MGMT LTD COM 628351108 1002 50100 SH DEFINED 1 50100 0 0
MUTUAL RISK MGMT LTD COM 628351108 3050 152500 SH SOLE 120000 26900 5600
MUTUAL RISK MGMT LTD COM 628351108 58 2900 SH DEFINED 2900 0 0
MYLAN LABS INC COM 628530107 20886 759500 SH SOLE 692100 0 67400
MYLAN LABS INC COM 628530107 2379 86500 SH DEFINED 86500 0 0
NCR CORP NEW COM 62886E108 66880 1666800 SH SOLE 1172200 42400 452200
NCR CORP NEW COM 62886E108 4109 102400 SH DEFINED 102400 0 0
NATIONAL PRESTO INDS INC COM 637215104 5696 174600 SH SOLE 165700 5300 3600
NATIONWIDE HLTH PPTYS COM 638620104 2503 239800 SH SOLE 226400 8100 5300
NAUTICA ENTERPRISES INC COM 639089101 40 3400 SH DEFINED 3400 0 0
NAUTICA ENTERPRISES INC COM 639089101 14651 1246860 SH SOLE 1182260 38600 26000
NETWORKS ASSOCS INC COM 640938100 32187 998050 SH SOLE 917750 9200 71100
NETWORKS ASSOCS INC COM 640938100 2638 81800 SH DEFINED 81800 0 0
NEUBERGER BERMAN INC COM 641234109 3588 127300 SH DEFINED 1 127300 0 0
NEUBERGER BERMAN INC COM 641234109 12552 445300 SH SOLE 361200 70200 13900
NEUBERGER BERMAN INC COM 641234109 79 2800 SH DEFINED 2800 0 0
NEWPORT NEWS SHIPBLDING INC COM 652228107 3833 126700 SH DEFINED 1 126700 0 0
NEWPORT NEWS SHIPBLDING INC COM 652228107 44018 1455150 SH SOLE 1257950 89100 108100
NEWPORT NEWS SHIPBLDING INC COM 652228107 3851 127300 SH DEFINED 127300 0 0
NIAGARA MOHAWK HLDGS INC COM 653520106 91234 6758090 SH SOLE 5441690 178100 1138300
NIAGARA MOHAWK HLDGS INC COM 653520106 3943 292100 SH DEFINED 292100 0 0
NIPPON TELEG & TEL CORP COM 654624105 40549 514500 SH SOLE 288600 33700 192200
NIPPON TELEG & TEL CORP COM 654624105 607 7700 SH DEFINED 7700 0 0
NISOURCE INC COM 65473P105 7364 436400 SH SOLE 391800 0 44600
NISOURCE INC COM 65473P105 987 58500 SH DEFINED 58500 0 0
NOBLE DRILLING CORP COM 655042109 39280 949370 SH SOLE 475070 45500 428800
NOBLE DRILLING CORP COM 655042109 401 9700 SH DEFINED 9700 0 0
NORTH AMERN VACCINE INC COM 657201109 24 9000 SH SOLE 9000 0 0
NORTH AMERN VACCINE INC COM 657201109 5 1900 SH DEFINED 1900 0 0
</TABLE>
<PAGE> 18
<TABLE>
<CAPTION>
TITLE VALUE SHARES/ SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
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>
NORTHROP GRUMMAN CORP COM 666807102 10296 194500 SH DEFINED 2 194500 0 0
NORTHROP GRUMMAN CORP COM 666807102 103554 1956150 SH SOLE 1422650 73600 459900
NORTHROP GRUMMAN CORP COM 666807102 2065 39000 SH DEFINED 39000 0 0
OCCIDENTAL PETE CORP COM 674599105 7547 363700 SH DEFINED 2 363700 0 0
OCCIDENTAL PETE CORP COM 674599105 49306 2376200 SH SOLE 1220600 123000 1032600
OCCIDENTAL PETE CORP COM 674599105 637 30700 SH DEFINED 30700 0 0
OCEAN ENERGY INC COM 67481E106 4885 339800 SH DEFINED 1 339800 0 0
OCEAN ENERGY INC COM 67481E106 16146 1123200 SH SOLE 905600 180800 36800
OFFICE DEPOT INC COM 676220106 4638 401100 SH DEFINED 2 401100 0 0
OFFICE DEPOT INC COM 676220106 64974 5619375 SH SOLE 3536075 191700 1891600
OFFICE DEPOT INC COM 676220106 2825 244300 SH DEFINED 244300 0 0
OFFICE DEPOT INC CV 676220AB2 97 140000 SH DEFINED 140000 0 0
OFFICE DEPOT INC CV 676220AB2 7694 11110000 SH SOLE 9480000 0 1630000
OGDEN CORP COM 676346109 104 8700 SH SOLE 8700 0 0
OGDEN CORP COM 676346109 27 2300 SH DEFINED 2300 0 0
OHIO CAS CORP COM 677240103 849 47500 SH DEFINED 1 47500 0 0
OHIO CAS CORP COM 677240103 2706 151400 SH SOLE 119500 26600 5300
OHIO CAS CORP COM 677240103 20 1100 SH DEFINED 1100 0 0
OLD REP INTL CORP COM 680223104 415 30200 SH SOLE 30200 0 0
OLIN CORP COM 680665205 2765 155800 SH DEFINED 1 155800 0 0
OLIN CORP COM 680665205 9397 529400 SH SOLE 425200 94100 10100
OLIN CORP COM 680665205 78 4400 SH DEFINED 4400 0 0
PECO ENERGY CO COM 693304107 7093 192350 SH DEFINED 2 192350 0 0
PECO ENERGY CO COM 693304107 49121 1332100 SH SOLE 672700 66000 593400
PECO ENERGY CO COM 693304107 524 14200 SH DEFINED 14200 0 0
PMR CORP COM 693451106 43 8800 SH SOLE 8800 0 0
PMR CORP COM 693451106 12 2400 SH DEFINED 2400 0 0
PNC BK CORP COM 693475105 39275 871575 SH SOLE 441475 43200 386900
PNC BK CORP COM 693475105 451 10000 SH DEFINED 10000 0 0
PALL CORP COM 696429307 21441 955600 SH SOLE 866100 0 89500
PALL CORP COM 696429307 2511 111900 SH DEFINED 111900 0 0
PARK PL ENTMT CORP COM 700690100 13513 1168700 SH SOLE 595700 59400 513600
PARK PL ENTMT CORP COM 700690100 209 18100 SH DEFINED 18100 0 0
</TABLE>
<PAGE> 19
<TABLE>
<CAPTION>
TITLE VALUE SHARES/ SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
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>
PAYLESS SHOESOURCE INC COM 704379106 18791 361800 SH SOLE 342900 11300 7600
PENNZOIL-QUAKER ST CO COM 709323109 3827 366700 SH SOLE 349300 9200 8200
PHILIP MORRIS COS INC COM 718154107 16209 767300 SH SOLE 390400 44100 332800
PHILIP MORRIS COS INC COM 718154107 232 11000 SH DEFINED 11000 0 0
PITTSTON CO COM 725701106 3534 207900 SH DEFINED 1 207900 0 0
PITTSTON CO COM 725701106 39882 2346000 SH SOLE 2128000 160600 57400
PITTSTON CO COM 725701106 105 6200 SH DEFINED 6200 0 0
PLAYTEX PRODS INC COM 72813P100 5542 426300 SH DEFINED 1 426300 0 0
PLAYTEX PRODS INC COM 72813P100 14204 1092650 SH SOLE 874850 179300 38500
PLAYTEX PRODS INC COM 72813P100 101 7800 SH DEFINED 7800 0 0
POLAROID CORP COM 731095105 2268 95500 SH DEFINED 1 95500 0 0
POLAROID CORP COM 731095105 7583 319300 SH SOLE 257800 51300 10200
POLAROID CORP COM 731095105 48 2000 SH DEFINED 2000 0 0
PRENTISS PPTYS TR COM 740706106 12237 548447 SH SOLE 251647 24500 272300
PRENTISS PPTYS TR COM 740706106 101 4540 SH DEFINED 4540 0 0
PRIDE INTL INC COM 741932107 2299 100500 SH DEFINED 1 100500 0 0
PRIDE INTL INC COM 741932107 7029 307300 SH SOLE 242800 53600 10900
PRIDE INTL INC COM 741932107 62 2700 SH DEFINED 2700 0 0
PROGRESS SOFTWARE CORP COM 743312100 734 31300 SH DEFINED 1 31300 0 0
PROGRESS SOFTWARE CORP COM 743312100 2126 90700 SH SOLE 71800 16000 2900
PROGRESS SOFTWARE CORP COM 743312100 12 500 SH DEFINED 500 0 0
PROTECTIVE LIFE CORP COM 743674103 18094 569900 SH SOLE 514400 0 55500
PROTECTIVE LIFE CORP COM 743674103 2140 67400 SH DEFINED 67400 0 0
PUBLIC SVC CO N MEX COM 744499104 13748 872900 SH SOLE 829100 26100 17700
PUBLIC STORAGE INC COM 74460D109 3165 150692 SH SOLE 139394 8202 3096
QUAKER OATS CO COM 747402105 35064 578375 SH SOLE 290275 28300 259800
QUAKER OATS CO COM 747402105 376 6200 SH DEFINED 6200 0 0
QUANTUM CORP COM 747906303 2328 206900 SH DEFINED 1 206900 0 0
QUANTUM CORP COM 747906303 75 6700 SH DEFINED 6700 0 0
QUANTUM CORP COM 747906303 8261 734300 SH SOLE 597200 114100 23000
QUEST DIAGNOSTICS INC COM 74834L100 715 17975 SH SOLE 17975 0 0
R & B FALCON CORP COM 74912E101 9027 458500 SH SOLE 417700 0 40800
R & B FALCON CORP COM 74912E101 1071 54400 SH DEFINED 54400 0 0
</TABLE>
<PAGE> 20
<TABLE>
<CAPTION>
TITLE VALUE SHARES/ SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
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>
RFS HOTEL INVS INC COM 74955J108 11671 1085641 SH SOLE 777941 41000 266700
RFS HOTEL INVS INC COM 74955J108 61 5640 SH DEFINED 5640 0 0
R H DONNELLEY CORP COM 74955W307 3218 189300 SH DEFINED 1 189300 0 0
R H DONNELLEY CORP COM 74955W307 11013 647800 SH SOLE 504300 122000 21500
R H DONNELLEY CORP COM 74955W307 109 6400 SH DEFINED 6400 0 0
RANGER OIL LTD COM 752805101 1625 412700 SH DEFINED 1 412700 0 0
RANGER OIL LTD COM 752805101 4731 1201500 SH SOLE 951500 203800 46200
RANGER OIL LTD COM 752805101 28 7000 SH DEFINED 7000 0 0
READERS DIGEST ASSN INC COM 755267101 52833 1493500 SH SOLE 1385500 21600 86400
READERS DIGEST ASSN INC COM 755267101 3262 92200 SH DEFINED 92200 0 0
RECKSON ASSOCS RLTY CORP PFD COV 75621K205 133 7000 SH DEFINED 7000 0 0
RECKSON ASSOCS RLTY CORP PFD COV 75621K205 3901 206000 SH SOLE 206000 0 0
RELIASTAR FINL CORP COM 75952U103 41938 1238025 SH SOLE 1124725 0 113300
RELIASTAR FINL CORP COM 75952U103 4864 143600 SH DEFINED 143600 0 0
RENAL TREATMENT CTRS INC SNTCV 5 759671AC4 94 165000 SH DEFINED 165000 0 0
RENAL TREATMENT CTRS INC SNTCV 5 759671AC4 4335 7605000 SH SOLE 5985000 0 1620000
RENAL CARE GROUP INC COM 759930100 1438 66300 SH DEFINED 1 66300 0 0
RENAL CARE GROUP INC COM 759930100 43 2000 SH DEFINED 2000 0 0
RENAL CARE GROUP INC COM 759930100 4359 201000 SH SOLE 158500 35400 7100
REPUBLIC SVCS INC COM 760759100 418 38200 SH SOLE 38200 0 0
REX STORE CORP COM 761624105 38 1500 SH DEFINED 1500 0 0
REX STORE CORP COM 761624105 849 33200 SH SOLE 33200 0 0
REYNOLDS METALS CO COM 761763101 10653 159300 SH SOLE 42500 0 116800
RISK CAP HLDGS INC COM 767711104 8 500 SH DEFINED 500 0 0
RISK CAP HLDGS INC COM 767711104 4931 301100 SH SOLE 285500 9300 6300
ROBERT HALF INTL INC COM 770323103 28681 604800 SH SOLE 567600 7100 30100
ROBERT HALF INTL INC COM 770323103 1546 32600 SH DEFINED 32600 0 0
ROCK-TENN CO COM 772739207 450 46200 SH SOLE 46200 0 0
ROHM & HAAS CO COM 775371107 41912 939200 SH SOLE 482200 49000 408000
ROHM & HAAS CO COM 775371107 513 11500 SH DEFINED 11500 0 0
ROSS STORES INC COM 778296103 1995 82900 SH DEFINED 82900 0 0
ROSS STORES INC COM 778296103 17826 740800 SH SOLE 674800 0 66000
RUSSELL CORP COM 782352108 716 50000 SH SOLE 50000 0 0
</TABLE>
<PAGE> 21
<TABLE>
<CAPTION>
TITLE VALUE SHARES/ SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
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>
RYDER SYS INC COM 783549108 1461 64400 SH DEFINED 1 64400 0 0
RYDER SYS INC COM 783549108 4209 185500 SH SOLE 146000 32600 6900
RYDER SYS INC COM 783549108 32 1400 SH DEFINED 1400 0 0
SBC COMMUNICATIONS INC COM 78387G103 13224 313925 SH DEFINED 2 313925 0 0
SBC COMMUNICATIONS INC COM 78387G103 94238 2237107 SH SOLE 1133373 110596 993138
SBC COMMUNICATIONS INC COM 78387G103 1192 28296 SH DEFINED 28296 0 0
SLM HLDG CORP COM 78442A109 45721 1372500 SH SOLE 1099400 50900 222200
SLM HLDG CORP COM 78442A109 207 6200 SH DEFINED 6200 0 0
SPS TECHNOLOGIES INC COM 784626103 796 26100 SH DEFINED 1 26100 0 0
SPS TECHNOLOGIES INC COM 784626103 3352 109900 SH SOLE 93400 12000 4500
SPS TECHNOLOGIES INC COM 784626103 3 100 SH DEFINED 100 0 0
ST PAUL COS INC COM 792860108 32501 952400 SH SOLE 400300 30200 521900
ST PAUL COS INC COM 792860108 287 8400 SH DEFINED 8400 0 0
SARA LEE CORP COM 803111103 5530 307200 SH DEFINED 2 307200 0 0
SARA LEE CORP COM 803111103 72 4000 SH SOLE 4000 0 0
SCHLUMBERGER LTD COM 806857108 306 4000 SH SOLE 4000 0 0
SCIENTIFIC GAMES HLDGS CORP COM 808747109 4407 267100 SH SOLE 252600 8600 5900
SEAGATE TECHNOLOGY COM 811804103 35873 573970 SH SOLE 293770 28300 251900
SEAGATE TECHNOLOGY COM 811804103 469 7500 SH DEFINED 7500 0 0
SENSORMATIC ELECTRS CORP COM 817265101 9354 416900 SH DEFINED 1 416900 0 0
SENSORMATIC ELECTRS CORP COM 817265101 37850 1686900 SH SOLE 1390800 245400 50700
SENSORMATIC ELECTRS CORP COM 817265101 220 9800 SH DEFINED 9800 0 0
SHERWIN WILLIAMS CO COM 824348106 8609 389100 SH SOLE 370600 11100 7400
SHOPKO STORES INC COM 824911101 1008 56800 SH DEFINED 1 56800 0 0
SHOPKO STORES INC COM 824911101 20217 1139000 SH SOLE 1026200 58400 54400
SHOPKO STORES INC COM 824911101 752 42394 SH DEFINED 42394 0 0
SHURGARD STORAGE CTRS INC COM 82567D104 2137 81800 SH SOLE 77300 2600 1900
SILICON GRAPHICS INC COM 827056102 10652 1008500 SH SOLE 916100 0 92400
SILICON GRAPHICS INC COM 827056102 1217 115200 SH DEFINED 115200 0 0
SINCLAIR BROADCAST GROUP INC COM 829226109 211 23600 SH SOLE 23600 0 0
SMITH & NEPHEW P L C COM 83175M106 6950 234600 SH SOLE 217600 4500 12500
SMITH & NEPHEW P L C COM 83175M106 391 13200 SH DEFINED 13200 0 0
SNYDER COMMUNICATIONS INC COM 832914105 21422 952100 SH SOLE 902300 29800 20000
</TABLE>
<PAGE> 22
<TABLE>
<CAPTION>
TITLE VALUE SHARES/ SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
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>
SOUTHDOWN INC COM 841297104 37553 633800 SH SOLE 576700 0 57100
SOUTHDOWN INC COM 841297104 4213 71100 SH DEFINED 71100 0 0
SPRINT CORP COM 852061100 71831 1140180 SH SOLE 552580 51600 536000
SPRINT CORP COM 852061100 712 11300 SH DEFINED 11300 0 0
STANDARD PAC CORP NEW COM 85375C101 2690 269000 SH DEFINED 1 269000 0 0
STANDARD PAC CORP NEW COM 85375C101 7314 731400 SH SOLE 578400 117500 35500
STANDARD PAC CORP NEW COM 85375C101 64 6400 SH DEFINED 6400 0 0
STATEN IS BANCORP INC COM 857550107 3475 202900 SH DEFINED 1 202900 0 0
STATEN IS BANCORP INC COM 857550107 10862 634300 SH SOLE 506000 101900 26400
STATEN IS BANCORP INC COM 857550107 72 4200 SH DEFINED 4200 0 0
STERLING SOFTWARE INC COM 859547101 5007 152900 SH DEFINED 2 152900 0 0
STERLING SOFTWARE INC COM 859547101 56019 1710500 SH SOLE 1582000 40400 88100
STERLING SOFTWARE INC COM 859547101 770 23500 SH DEFINED 23500 0 0
STONERIDGE INC COM 86183P102 2723 226900 SH DEFINED 1 226900 0 0
STONERIDGE INC COM 86183P102 7061 588400 SH SOLE 472300 92900 23200
STONERIDGE INC COM 86183P102 50 4200 SH DEFINED 4200 0 0
STORAGE TECHNOLOGY CORP COM 862111200 376 23600 SH SOLE 23600 0 0
STRATEGIC DISTR INC COM 862701208 54 25300 SH SOLE 25300 0 0
STRATEGIC DISTR INC COM 862701208 14 6700 SH DEFINED 6700 0 0
SUNBEAM CORP SBDBCV14 867071AA0 3829 23930000 SH SOLE 22950000 250000 730000
SUNGARD DATA SYS INC COM 867363103 57320 1518400 SH SOLE 1413500 28300 76600
SUNGARD DATA SYS INC COM 867363103 2748 72800 SH DEFINED 72800 0 0
SUPERIOR FINL CORP DEL COM 868161100 2399 252500 SH SOLE 233200 12200 7100
SUPERVALU INC COM 868536103 14427 761800 SH SOLE 686200 0 75600
SUPERVALU INC COM 868536103 1786 94300 SH DEFINED 94300 0 0
SWIFT ENERGY CO COM 870738101 5736 320900 SH DEFINED 1 320900 0 0
SWIFT ENERGY CO COM 870738101 13261 741900 SH SOLE 616800 91000 34100
SWIFT ENERGY CO COM 870738101 179 10000 SH DEFINED 10000 0 0
SYBRON INTL COM 87114F106 9982 344200 SH SOLE 311100 0 33100
SYBRON INTL COM 87114F106 1163 40100 SH DEFINED 40100 0 0
SYNOPSYS INC COM 871607107 44153 905700 SH SOLE 667500 27400 210800
SYNOPSYS INC COM 871607107 1814 37200 SH DEFINED 37200 0 0
TII INDS INC COM 872479209 21 9700 SH SOLE 9700 0 0
</TABLE>
<PAGE> 23
<TABLE>
<CAPTION>
TITLE VALUE SHARES/ SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
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>
TII INDS INC COM 872479209 4 2000 SH DEFINED 2000 0 0
TJX COS INC NEW COM 872540109 16721 753600 SH SOLE 683500 0 70100
TJX COS INC NEW COM 872540109 1953 88000 SH DEFINED 88000 0 0
TALISMAN ENERGY INC COM 87425E103 3433 120200 SH SOLE 102600 0 17600
TALISMAN ENERGY INC COM 87425E103 705 24700 SH DEFINED 24700 0 0
TECHNITROL INC COM 878555101 3478 59700 SH DEFINED 1 59700 0 0
TECHNITROL INC COM 878555101 10805 185500 SH SOLE 144300 34700 6500
TECHNITROL INC COM 878555101 82 1400 SH DEFINED 1400 0 0
TEXACO INC COM 881694103 218 4050 SH SOLE 4050 0 0
3COM CORP COM 885535104 2370 42600 SH DEFINED 2 42600 0 0
3COM CORP COM 885535104 117 2100 SH SOLE 2100 0 0
TOKIO MARINE & FIRE INS LTD COM 889090403 7111 135600 SH SOLE 128400 4300 2900
TORONTO DOMINION BK ONT COM 891160509 21906 820850 SH SOLE 468100 52300 300450
TORONTO DOMINION BK ONT COM 891160509 299 11200 SH DEFINED 11200 0 0
TOSCO CORP COM 891490302 103278 3372332 SH SOLE 1972232 158000 1242100
TOSCO CORP COM 891490302 980 32005 SH DEFINED 32005 0 0
TOTAL FINA S A COM 89151E109 29648 402689 SH SOLE 225289 24600 152800
TOTAL FINA S A COM 89151E109 368 5000 SH DEFINED 5000 0 0
TOWER AUTOMOTIVE INC COM 891707101 1929 117800 SH DEFINED 1 117800 0 0
TOWER AUTOMOTIVE INC COM 891707101 5995 366100 SH SOLE 288200 65000 12900
TOWER AUTOMOTIVE INC COM 891707101 43 2600 SH DEFINED 2600 0 0
TOYS R US INC COM 892335100 14590 985000 SH SOLE 474000 52100 458900
TOYS R US INC COM 892335100 179 12100 SH DEFINED 12100 0 0
TRENWICK GROUP INC COM 895290104 4846 343100 SH SOLE 325350 10550 7200
TRIBUNE CO NEW COM 896047107 3806 104100 SH DEFINED 2 104100 0 0
TRIBUNE CO NEW COM 896047107 84 2300 SH SOLE 2300 0 0
TRIGON HEALTHCARE INC COM 89618L100 4891 136800 SH DEFINED 1 136800 0 0
TRIGON HEALTHCARE INC COM 89618L100 18308 512100 SH SOLE 419200 77200 15700
TRIGON HEALTHCARE INC COM 89618L100 136 3800 SH DEFINED 3800 0 0
TRINITY INDS INC COM 896522109 242 10200 SH SOLE 10200 0 0
TRIZEC HAHN CORP COM 896938107 42417 2827800 SH SOLE 2294300 121400 412100
TRIZEC HAHN CORP COM 896938107 249 16600 SH DEFINED 16600 0 0
TUPPERWARE CORP COM 899896104 19 1200 SH DEFINED 1200 0 0
</TABLE>
<PAGE> 24
<TABLE>
<CAPTION>
TITLE VALUE SHARES/ SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
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>
TUPPERWARE CORP COM 899896104 430 27200 SH SOLE 6300 0 20900
USX-MARATHON GROUP COM 902905827 4889 187600 SH DEFINED 2 187600 0 0
USX-MARATHON GROUP COM 902905827 51320 1969125 SH SOLE 1004125 103000 862000
USX-MARATHON GROUP COM 902905827 615 23600 SH DEFINED 23600 0 0
UST INC COM 902911106 3223 206300 SH DEFINED 2 206300 0 0
UST INC COM 902911106 64820 4148500 SH SOLE 3078700 176600 893200
UST INC COM 902911106 458 29300 SH DEFINED 29300 0 0
UNICOM CORP COM 904911104 21227 581570 SH SOLE 298870 28400 254300
UNICOM CORP COM 904911104 237 6500 SH DEFINED 6500 0 0
UNION PAC RES GROUP INC COM 907834105 37006 2552150 SH SOLE 2342150 17800 192200
UNION PAC RES GROUP INC COM 907834105 3294 227200 SH DEFINED 227200 0 0
UNIONBANCAL CORP COM 908906100 7109 257925 SH SOLE 232525 0 25400
UNIONBANCAL CORP COM 908906100 890 32300 SH DEFINED 32300 0 0
UNISYS CORP COM 909214108 1108 43125 SH SOLE 43125 0 0
UNISYS CORP COM 909214108 1277 49700 SH DEFINED 49700 0 0
UNITED ASSET MGMT CORP COM 909420101 1193 68900 SH SOLE 65200 2200 1500
UNIVERSAL CORP VA COM 913456109 17 1100 SH DEFINED 1100 0 0
UNIVERSAL CORP VA COM 913456109 3592 238500 SH SOLE 225300 7900 5300
VALASSIS COMMUNICATIONS INC COM 918866104 12575 377500 SH SOLE 339600 0 37900
VALASSIS COMMUNICATIONS INC COM 918866104 1572 47200 SH DEFINED 47200 0 0
VENTIV HEALTH INC COM 922793104 9562 950297 SH SOLE 900331 29766 20200
VENTIV HEALTH INC COM 922793104 12 1200 SH DEFINED 1200 0 0
VIAD CORP COM 92552R109 47037 2056250 SH SOLE 1852750 0 203500
VIAD CORP COM 92552R109 5971 261030 SH DEFINED 261030 0 0
VINTAGE PETE INC COM 92746010 3538 175800 SH DEFINED 1 175800 0 0
VINTAGE PETE INC COM 92746010 11091 551100 SH SOLE 428200 103200 19700
VINTAGE PETE INC COM 92746010 83 4100 SH DEFINED 4100 0 0
WASHINGTON FED INC COM 938824109 1428 74900 SH DEFINED 1 74900 0 0
WASHINGTON FED INC COM 938824109 4381 229800 SH SOLE 177800 43900 8100
WASHINGTON FED INC COM 938824109 31 1600 SH DEFINED 1600 0 0
WATSON PHARMACEUTICALS INC COM 942683103 7989 201300 SH SOLE 181800 0 19500
WATSON PHARMACEUTICALS INC COM 942683103 984 24800 SH DEFINED 24800 0 0
WELLPOINT HEALTH NTWRKS NEW COM 94973H108 3927 56200 SH DEFINED 2 56200 0 0
</TABLE>
<PAGE> 25
<TABLE>
<CAPTION>
TITLE VALUE SHARES/ SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
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>
WELLPOINT HEALTH NTWRKS NEW COM 94973H108 18391 263200 SH SOLE 238900 0 24300
WELLPOINT HEALTH NTWRKS NEW COM 94973H108 2124 30400 SH DEFINED 30400 0 0
WESLEY JESSEN VISIONCARE INC COM 951018100 2947 82000 SH DEFINED 1 82000 0 0
WESLEY JESSEN VISIONCARE INC COM 951018100 68 1900 SH DEFINED 1900 0 0
WESLEY JESSEN VISIONCARE INC COM 951018100 9207 256200 SH SOLE 198800 48500 8900
WESTPOINT STEVENS INC COM 961238102 3673 193300 SH DEFINED 1 193300 0 0
WESTPOINT STEVENS INC COM 961238102 13000 684200 SH SOLE 546500 113900 23800
WESTPOINT STEVENS INC COM 961238102 106 5600 SH DEFINED 5600 0 0
WET SEAL INC COM 961840105 707 44900 SH SOLE 44900 0 0
WEYERHAEUSER CO COM 962166104 17784 312000 SH SOLE 158000 15400 138600
WEYERHAEUSER CO COM 962166104 222 3900 SH DEFINED 3900 0 0
WORTHINGTON INDS INC COM 981811102 1912 154500 SH DEFINED 1 154500 0 0
WORTHINGTON INDS INC COM 981811102 5117 413500 SH SOLE 346000 49600 17900
WORTHINGTON INDS INC COM 981811102 35 2800 SH DEFINED 2800 0 0
YOUNG BROADCASTING INC COM 987434107 1834 96500 SH DEFINED 1 96500 0 0
YOUNG BROADCASTING INC COM 987434107 5229 275200 SH SOLE 234800 29300 11100
YOUNG BROADCASTING INC COM 987434107 46 2400 SH DEFINED 2400 0 0
ACE LTD COM G0070K103 14040 613750 SH DEFINED 2 613750 0 0
ACE LTD COM G0070K103 208679 9122587 SH SOLE 6663487 414700 2044400
ACE LTD COM G0070K103 5986 261695 SH DEFINED 261695 0 0
ANNUITY & LIFE RE HLDGS LTD COM G03910109 47 1800 SH DEFINED 1800 0 0
EVEREST RE GROUP LTD COM G3223R108 2838 87000 SH DEFINED 1 87000 0 0
EVEREST RE GROUP LTD COM G3223R108 22182 679900 SH SOLE 581000 47700 51200
EVEREST RE GROUP LTD COM G3223R108 1794 54992 SH DEFINED 54992 0 0
IPC HLDGS LTD COM G4933P101 8 700 SH DEFINED 700 0 0
IPC HLDGS LTD COM G4933P101 5282 440200 SH SOLE 416600 14100 9500
KNIGHTSBRIDGE TANKERS LTD COM G5299G106 7 400 SH DEFINED 400 0 0
KNIGHTSBRIDGE TANKERS LTD COM G5299G106 10066 565100 SH SOLE 536000 17300 11800
LASALLE RE HLDGS LTD COM G5383Q101 8294 597800 SH SOLE 566800 18400 12600
PXRE GROUP LTD COM G73018106 17 1000 SH DEFINED 1000 0 0
RENAISSANCERE HLDGS LTD COM G7496G10 8 200 SH DEFINED 200 0 0
SCOTTISH ANNUITY & LIFE HLDG COM G7885T104 2808 365300 SH SOLE 346200 11400 7700
WHITE MOUNT INS GRP LTD BERM COM G9618E106 17007 126800 SH SOLE 120300 3900 2600
</TABLE>
<PAGE> 26
<TABLE>
<CAPTION>
TITLE VALUE SHARES/ SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
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>
XL CAPITAL LTD COM G98255105 12702 229384 SH SOLE 217262 7279 4843
</TABLE>
