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13F REPORT
DATE: 000630
ITEM 6 ITEM 8
ITEM 4 INVESTMENT VOTING AUTHORITY
FAIR ITEM 5 DISCRETION (SHARES)
ITEM 1 ITEM 2 ITEM 3 MARKET SH/PRN SH/PRN PUT/CALL TYPE ITEM 7 (A)SOLE (B)SHARED (C)NONE
ISSUER CLASS SECID VALUE AMOUNT MGRS
A D C TELECOMMUNICATIONS COM 000886101 908366 10830 SH SOLE 10830 0 0
AFLAC INC COM 001055102 407645 8874 SH SOLE 8874 0 0
AES CORP COM 00130H105 67292678 1474908 SH SOLE 1474908 0 0
AT&T CORP COM 001957109 3158104 99861 SH SOLE 99861 0 0
ABBOTT LABS COM 002824100 2188262 49106 SH SOLE 49106 0 0
ADOBE SYS INC COM 00724F101 491140 3778 SH SOLE 3778 0 0
ADVANCED MICRO DEVICES INC COM 007903107 394825 5111 SH SOLE 5111 0 0
AETHER SYS INC COM 00808V105 8066750 39350 SH SOLE 39350 0 0
AETNA INC COM 008117103 314901 4906 SH SOLE 4906 0 0
AGILENT TECHNOLOGIES INC COM 00846U101 109411223 1483542 SH SOLE 1483542 0 0
AIR PRODS & CHEMS INC COM 009158106 228502 7416 SH SOLE 7416 0 0
ALBERTSONS INC COM 013104104 472050 14197 SH SOLE 14197 0 0
ALCAN ALUMINIUM LTD NEW COM 013716105 206088 6648 SH SOLE 6648 0 0
ALCOA INC COM 013817101 813682 28058 SH SOLE 28058 0 0
ALLERGAN INC COM 018490102 301725 4050 SH SOLE 4050 0 0
ALLSTATE CORP COM 020002101 549152 24681 SH SOLE 24681 0 0
ALLTEL CORP COM 020039103 616211 9949 SH SOLE 9949 0 0
ALTERA CORP COM 021441100 652397 6400 SH SOLE 6400 0 0
AMAZON COM INC COM 023135106 562836 15500 SH SOLE 15500 0 0
AMERICA ONLINE INC DEL COM 02364J104 3900019 73934 SH SOLE 73934 0 0
AMERICAN ELEC PWR INC COM 025537101 296469 10007 SH SOLE 10007 0 0
AMERICAN EXPRESS CO COM 025816109 26891340 515901 SH SOLE 515901 0 0
AMERICAN GENERAL CORP COM 026351106 490806 8046 SH SOLE 8046 0 0
AMERICAN HOME PRODS CORP COM 026609107 2462095 41908 SH SOLE 41908 0 0
AMERICAN INTL GROUP INC COM 026874107 76618813 652075 SH SOLE 652075 0 0
AMERICAN PWR CONVERSION CORP COM 029066107 85571541 2096725 SH SOLE 2096725 0 0
AMGEN INC COM 031162100 2413931 34362 SH SOLE 34362 0 0
AMSOUTH BANCORPORATION COM 032165102 200498 12730 SH SOLE 12730 0 0
ANADARKO PETE CORP COM 032511107 201440 4085 SH SOLE 4085 0 0
ANALOG DEVICES INC COM 032654105 829616 10916 SH SOLE 10916 0 0
ANHEUSER BUSCH COS INC COM 035229103 1151748 15421 SH SOLE 15421 0 0
AON CORP COM 037389103 250267 8057 SH SOLE 8057 0 0
APACHE CORP COM 037411105 208783 3550 SH SOLE 3550 0 0
APACHE CORP ACES C DP 1/50 037411600 5692500 110000 SH SOLE 110000 0 0
APOLLO GROUP INC CL A 037604105 15786400 563800 SH SOLE 563800 0 0
APPLE COMPUTER INC COM 037833100 534016 10196 SH SOLE 10196 0 0
APPLIED MATLS INC COM 038222105 347614391 3835745 SH SOLE 3835745 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 194199 19792 SH SOLE 19792 0 0
ASPEN TECHNOLOGY INC COM 045327103 1340185 34810 SH SOLE 34810 0 0
ASSOCIATES FIRST CAP CORP CL A 046008108 512663 22977 SH SOLE 22977 0 0
AUTOMATIC DATA PROCESSING INC COM 053015103 1075953 20088 SH SOLE 20088 0 0
AVERY DENNISON CORP COM 053611109 257961 3843 SH SOLE 3843 0 0
AVON PRODS INC COM 054303102 374779 8422 SH SOLE 8422 0 0
BB&T CORP COM 054937107 267305 11196 SH SOLE 11196 0 0
BMC SOFTWARE INC COM 055921100 267391 7329 SH SOLE 7329 0 0
BAKER HUGHES INC COM 057224107 354336 11073 SH SOLE 11073 0 0
BANK OF AMERICA CORPORATION COM 060505104 2369644 55108 SH SOLE 55108 0 0
BANK NEW YORK INC COM 064057102 1096238 23575 SH SOLE 23575 0 0
BANK ONE CORP COM 06423A103 997961 37571 SH SOLE 37571 0 0
BARRICK GOLD CORP COM 067901108 205131 11279 SH SOLE 11279 0 0
BAXTER INTL INC COM 071813109 632878 9001 SH SOLE 9001 0 0
BECTON DICKINSON & CO COM 075887109 226713 7903 SH SOLE 7903 0 0
BELLSOUTH CORP COM 079860102 2555966 59964 SH SOLE 59964 0 0
BEST BUY INC COM 086516101 420043 6641 SH SOLE 6641 0 0
BESTFOODS COM 08658U101 658360 9507 SH SOLE 9507 0 0
BIOGEN INC COM 090597105 311535 4830 SH SOLE 4830 0 0
BOEING CO COM 097023105 1160325 27751 SH SOLE 27751 0 0
BOSTON SCIENTIFIC CORP COM 101137107 278578 12699 SH SOLE 12699 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 5094720 87463 SH SOLE 87463 0 0
BROADCOM CORP CL A 111320107 1517898 6935 SH SOLE 6935 0 0
BURLINGTON NORTHN SANTA FE CP COM 12189T104 350500 15281 SH SOLE 15281 0 0
BURLINGTON RES INC COM 122014103 270925 7083 SH SOLE 7083 0 0
C H ROBINSON WORLDWIDE INC COM 12541W100 19602000 396000 SH SOLE 396000 0 0
CIGNA CORP COM 125509109 504526 5396 SH SOLE 5396 0 0
CVS CORP COM 126650100 253325440 6333136 SH SOLE 6333136 0 0
CALPINE CORP COM 131347106 36951500 562000 SH SOLE 562000 0 0
CAMPBELL SOUP CO COM 134429109 412323 14157 SH SOLE 14157 0 0
CANADIAN NATL RY CO PFD CV 063029 136375409 4050000 90000 SH SOLE 90000 0 0
CAPITAL ONE FINL CORP COM 14040H105 283280 6348 SH SOLE 6348 0 0
CARDINAL HEALTH INC COM 14149Y108 641728 8672 SH SOLE 8672 0 0
CARNIVAL CORP COM 143658102 371397 19046 SH SOLE 19046 0 0
CATERPILLAR INC DEL COM 149123101 390308 11522 SH SOLE 11522 0 0
CENDANT CORP COM 151313103 320208 22872 SH SOLE 22872 0 0
CHASE MANHATTAN CORP NEW COM 16161A108 1835594 39851 SH SOLE 39851 0 0
CHEVRON CORPORATION COM 166751107 1767397 20839 SH SOLE 20839 0 0
CHIREX INC COM 170038103 1361400 68070 SH SOLE 68070 0 0
CHUBB CORP COM 171232101 342494 5569 SH SOLE 5569 0 0
CIRCUIT CITY STORE INC CIRCT CITY GRP 172737108 211766 6381 SH SOLE 6381 0 0
CISCO SYS INC COM 17275R102 45897739 722094 SH SOLE 722094 0 0
CITIGROUP INC COM 172967101 6489106 107703 SH SOLE 107703 0 0
CLEAR CHANNEL COMMUNICATIONS COM 184502102 158704125 2116055 SH SOLE 2116055 0 0
CLOROX CO DEL COM 189054109 330040 7365 SH SOLE 7365 0 0
COASTAL CORP COM 190441105 392826 6453 SH SOLE 6453 0 0
COCA COLA CO COM 191216100 4528907 78850 SH SOLE 78850 0 0
COCA COLA ENTERPRISES INC COM 191219104 206836 12680 SH SOLE 12680 0 0
COLGATE PALMOLIVE CO COM 194162103 1143493 19098 SH SOLE 19098 0 0
COMCAST CORP CL A 200300101 796938 20500 SH SOLE 20500 0 0
COMCAST CORP CL A SPL 200300200 1180211 29141 SH SOLE 29141 0 0
COMERICA INC COM 200340107 229132 5106 SH SOLE 5106 0 0
COMPAQ COMPUTER CORP COM 204493100 1393691 54522 SH SOLE 54522 0 0
COMPUTER ASSOC INTL INC COM 204912109 977928 19105 SH SOLE 19105 0 0
COMPUTER SCIENCES CORP COM 205363104 389791 5219 SH SOLE 5219 0 0
COMPUWARE CORP COM 205638109 123743 11927 SH SOLE 11927 0 0
COMVERSE TECHNOLOGY INC COM PAR $0.10 205862402 460350 4950 SH SOLE 4950 0 0
CONAGRA INC COM 205887102 304439 15971 SH SOLE 15971 0 0
CONEXANT SYSTEMS INC COM 207142100 331185 6811 SH SOLE 6811 0 0
CONOCO INC CL B 208251405 512265 20856 SH SOLE 20856 0 0
CONSOLIDATED EDISON INC COM 209115104 226483 7645 SH SOLE 7645 0 0
CONVERGYS CORP COM 212485106 254706 4910 SH SOLE 4910 0 0
CORNING INC COM 219350105 2364915 8763 SH SOLE 8763 0 0
COSTCO WHSL CORP NEW COM 22160K105 456060 13820 SH SOLE 13820 0 0
CYMER INC COM 232572107 26791570 561080 SH SOLE 561080 0 0
DANAHER CORP DEL COM 235851102 215496 4359 SH SOLE 4359 0 0
DEERE & CO COM 244199105 307655 8315 SH SOLE 8315 0 0
DELL COMPUTER CORP COM 247025109 429371863 8707249 SH SOLE 8707249 0 0
DELPHI AUTOMOTIVE SYS CORP COM 247126105 264795 18184 SH SOLE 18184 0 0
DELTA AIR LINES INC DEL COM 247361108 229855 4546 SH SOLE 4546 0 0
DIAMETRICS MED INC COM 252532106 6104521 1079300 SH SOLE 1079300 0 0
DIGITAL IS INC DEL SUB NT CV 6%05 25385NAA9 3568750 5000000 PR SOLE 5000000 0 0
DIGITALTHINK INC COM 25388M100 31283000 872000 SH SOLE 872000 0 0
DISNEY WALT CO COM DISNEY 254687106 2563882 66059 SH SOLE 66059 0 0
DOMINION RES INC VA NEW COM 25746U109 328508 7662 SH SOLE 7662 0 0
DOVER CORP COM 260003108 279391 6888 SH SOLE 6888 0 0
DOW CHEM CO COM 260543103 659556 21849 SH SOLE 21849 0 0
DOW JONES & CO INC COM 260561105 209202 2856 SH SOLE 2856 0 0
DREYERS GRAND ICE CREAM INC COM 261878102 17425800 829800 SH SOLE 829800 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 1412117 32277 SH SOLE 32277 0 0
DUKE ENERGY CORP COM 264399106 667649 11843 SH SOLE 11843 0 0
E M C CORP MASS COM 268648102 482353290 6269458 SH SOLE 6269458 0 0
EASTMAN KODAK CO COM 277461109 638376 10729 SH SOLE 10729 0 0
ECHOSTAR COMMUNICATIONS NEW CL A 278762109 16223410 490000 SH SOLE 490000 0 0
EDISON INTL COM 281020107 233331 11382 SH SOLE 11382 0 0
EL PASO ENERGY CAP TR I PFD CV TR SECS 283678209 4313125 67000 SH SOLE 67000 0 0
EL PASO ENERGY CORP DEL COM 283905107 372553 7314 SH SOLE 7314 0 0
ELECTRONIC DATA SYS NEW COM 285661104 621638 15070 SH SOLE 15070 0 0
EMERSON ELEC CO COM 291011104 844224 13983 SH SOLE 13983 0 0
ENRON CORP COM 293561106 1467569 22753 SH SOLE 22753 0 0
ENTERGY CORP NEW COM 29364G103 214369 7885 SH SOLE 7885 0 0
EXODUS COMMUNICATIONS INC COM 302088109 14172356 307680 SH SOLE 307680 0 0
EXXON MOBIL CORP COM 30231G102 8856684 112824 SH SOLE 112824 0 0
FPL GROUP INC COM 302571104 297050 6001 SH SOLE 6001 0 0
FEDERAL HOME LN MTG CORP COM 313400301 884601 21842 SH SOLE 21842 0 0
FEDERAL NATL MTG ASSN COM 313586109 1737357 33291 SH SOLE 33291 0 0
FEDERATED DEPT STORES INC DEL COM 31410H101 226901 6723 SH SOLE 6723 0 0
FEDEX CORP COM 31428X106 354616 9332 SH SOLE 9332 0 0
FIFTH THIRD BANCORP COM 316773100 604101 9551 SH SOLE 9551 0 0
FIRST DATA CORP COM 319963104 221578354 4465055 SH SOLE 4465055 0 0
FIRST UN CORP COM 337358105 786813 31711 SH SOLE 31711 0 0
FIRSTAR CORP NEW WIS COM 33763V109 690160 32768 SH SOLE 32768 0 0
FLEETBOSTON FINL CORP COM 339030108 988414 29071 SH SOLE 29071 0 0
FORD MTR CO DEL COM 345370100 1683665 39155 SH SOLE 39155 0 0
FORWARD AIR CORP COM 349853101 22320000 558000 SH SOLE 558000 0 0
FRANKLIN RES INC COM 354613101 247131 8136 SH SOLE 8136 0 0
GTE CORPORATION COM 362320103 1928007 30972 SH SOLE 30972 0 0
GANNETT INC COM 364730101 535377 8951 SH SOLE 8951 0 0
GAP INC DEL COM 364760108 144463969 4622847 SH SOLE 4622847 0 0
GATEWAY INC COM 367626108 541622 9544 SH SOLE 9544 0 0
GENENTECH INC COM NEW 368710406 26316000 153000 SH SOLE 153000 0 0
GENERAL DYNAMICS CORP COM 369550108 333773 6388 SH SOLE 6388 0 0
GENERAL ELEC CO COM 369604103 16534092 311964 SH SOLE 311964 0 0
GENERAL MLS INC COM 370334104 388161 10148 SH SOLE 10148 0 0
GENERAL MTRS CORP COM 370442105 911399 15697 SH SOLE 15697 0 0
GENERAL MTRS CORP CL H NEW 370442832 12154165 138509 SH SOLE 138509 0 0
GILLETTE CO COM 375766102 1226953 35119 SH SOLE 35119 0 0
GOLDEN WEST FINL CORP DEL COM 381317106 215487 5280 SH SOLE 5280 0 0
GRAINGER W W INC COM 384802104 18702976 607003 SH SOLE 607003 0 0
GUIDANT CORP COM 401698105 468171 9458 SH SOLE 9458 0 0
HCA-HEALTHCARE CO COM 404119109 548117 18045 SH SOLE 18045 0 0
HNC SOFTWARE INC COM 40425P107 43786925 709100 SH SOLE 709100 0 0
HALLIBURTON CO COM 406216101 640658 13577 SH SOLE 13577 0 0
HARLEY DAVIDSON INC COM 412822108 374605 9730 SH SOLE 9730 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 427806 7648 SH SOLE 7648 0 0
HEALTHSOUTH CORP COM 421924101 93496 13009 SH SOLE 13009 0 0
HEINZ H J CO COM 423074103 504350 11528 SH SOLE 11528 0 0
HERSHEY FOODS CORP COM 427866108 229163 4725 SH SOLE 4725 0 0
HEWLETT PACKARD CO COM 428236103 44701004 357966 SH SOLE 357966 0 0
HILTON HOTELS CORP COM 432848109 111694 11914 SH SOLE 11914 0 0
HOME DEPOT INC COM 437076102 15082472 302030 SH SOLE 302030 0 0
HONEYWELL INTL INC COM 438516106 874447 25958 SH SOLE 25958 0 0
HOUSEHOLD INTL INC COM 441815107 654311 15743 SH SOLE 15743 0 0
ILLINOIS TOOL WKS INC COM 452308109 555693 9749 SH SOLE 9749 0 0
IMCLONE SYS INC SUB NT CV 144A05 45245WAA7 19470000 22000000 PR SOLE 22000000 0 0
INGERSOLL-RAND CO COM 456866102 215901 5364 SH SOLE 5364 0 0
INTEL CORP COM 458140100 630779917 4718334 SH SOLE 4718334 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 6359307 58043 SH SOLE 58043 0 0
INTL PAPER CO COM 460146103 470658 15788 SH SOLE 15788 0 0
INTERPUBLIC GROUP COS INC COM 460690100 370961 8627 SH SOLE 8627 0 0
I2 TECHNOLOGIES INC COM 465754109 52820649 506600 SH SOLE 506600 0 0
JDS UNIPHASE CORP COM 46612J101 31191475 260200 SH SOLE 260200 0 0
JOHNSON & JOHNSON COM 478160104 42208443 414316 SH SOLE 414316 0 0
KLA-TENCOR CORP COM 482480100 330524 5644 SH SOLE 5644 0 0
K MART CORP COM 482584109 108154 15877 SH SOLE 15877 0 0
KANSAS CITY SOUTHN INDS INC COM 485170104 313863 3539 SH SOLE 3539 0 0
KELLOGG CO COM 487836108 384727 12932 SH SOLE 12932 0 0
KEYCORP NEW COM 493267108 255069 14472 SH SOLE 14472 0 0
KIMBERLY CLARK CORP COM 494368103 1000735 17442 SH SOLE 17442 0 0
KNIGHT TRADING GROUP INC COM 499063105 27546288 924000 SH SOLE 924000 0 0
KOHLS CORP COM 500255104 568488 10220 SH SOLE 10220 0 0
KROGER CO COM 501044101 204457313 9267397 SH SOLE 9267397 0 0
LSI LOGIC CORP COM 502161102 507368 9374 SH SOLE 9374 0 0
LAMAR ADVERTISING CO CL A 512815101 33945997 783755 SH SOLE 783755 0 0
LEHMAN BROS HLDGS INC COM 524908100 355648 3761 SH SOLE 3761 0 0
LEXMARK INTL GROUP INC CL A 529771107 278684 4144 SH SOLE 4144 0 0
LILLY ELI & CO COM 532457108 3485737 34901 SH SOLE 34901 0 0
LIMITED INC COM 532716107 292889 13544 SH SOLE 13544 0 0
LINCOLN NATL CORP IND COM 534187109 231453 6407 SH SOLE 6407 0 0
LINEAR TECHNOLOGY CORP COM 535678106 631698 9880 SH SOLE 9880 0 0
LOCKHEED MARTIN CORP COM 539830109 308364 12428 SH SOLE 12428 0 0
LOEWS CORP COM 540424108 225540 3759 SH SOLE 3759 0 0
LOWES COS INC COM 548661107 493565 12020 SH SOLE 12020 0 0
LUCENT TECHNOLOGIES INC COM 549463107 6060268 102283 SH SOLE 102283 0 0
LYDALL INC DEL COM 550819106 7286625 685800 SH SOLE 685800 0 0
MBNA CORP COM 55262L100 690521 25457 SH SOLE 25457 0 0
MARSH & MCLENNAN COS INC COM 571748102 858890 8224 SH SOLE 8224 0 0
MARRIOTT INTL INC NEW CL A 571903202 46829356 1298579 SH SOLE 1298579 0 0
MASCO CORP COM 574599106 260978 14449 SH SOLE 14449 0 0
MATTEL INC COM 577081102 176152 13358 SH SOLE 13358 0 0
MAXIM INTEGRATED PRODS INC COM 57772K101 209580210 3084920 SH SOLE 3084920 0 0
MAY DEPT STORES CO COM 577778103 279168 11632 SH SOLE 11632 0 0
MCDONALDS CORP COM 580135101 2792300 84777 SH SOLE 84777 0 0
MCGRAW HILL COS INC COM 580645109 33792498 625787 SH SOLE 625787 0 0
MEDIAONE GROUP INC COM 58440J104 1293868 19567 SH SOLE 19567 0 0
MEDIMMUNE INC COM 584699102 480630 6495 SH SOLE 6495 0 0
MEDTRONIC INC COM 585055106 1913080 38406 SH SOLE 38406 0 0
MELLON FINL CORP COM 58551A108 611850 16792 SH SOLE 16792 0 0
MERCK & CO INC COM 589331107 91657522 1196183 SH SOLE 1196183 0 0
MERCURY INTERACTIVE CORP COM 589405109 249615 2580 SH SOLE 2580 0 0
MERRILL LYNCH & CO INC COM 590188108 1327675 11545 SH SOLE 11545 0 0
MICROSOFT CORP COM 594918104 224166960 2802087 SH SOLE 2802087 0 0
MICRON TECHNOLOGY INC COM 595112103 1500929 17044 SH SOLE 17044 0 0
MIDAS GROUP INC COM 595626102 2620600 131030 SH SOLE 131030 0 0
MILLIPORE CORP COM 601073109 13103944 173850 SH SOLE 173850 0 0
MINERALS TECHNOLOGIES INC COM 603158106 33791600 734600 SH SOLE 734600 0 0
MINNESOTA MNG & MFG CO COM 604059105 1053195 12766 SH SOLE 12766 0 0
MOLEX INC COM 608554101 301551 6266 SH SOLE 6266 0 0
MONTANA POWER CO COM 612085100 14831040 420000 SH SOLE 420000 0 0
MORGAN J P & CO INC COM 616880100 39596765 359562 SH SOLE 359562 0 0
MORGAN STANLEY DEAN WITTER&CO COM NEW 617446448 3033880 36443 SH SOLE 36443 0 0
MOTOROLA INC COM 620076109 1979122 68100 SH SOLE 68100 0 0
NABISCO GROUP HLDG CORP COM 62952P102 271924 10484 SH SOLE 10484 0 0
NATIONAL CITY CORP COM 635405103 361339 21178 SH SOLE 21178 0 0
NATIONAL SEMICONDUCTOR CORP COM 637640103 319503 5630 SH SOLE 5630 0 0
NETRATINGS INC COM 64116M108 21024800 820480 SH SOLE 820480 0 0
NETWORK APPLIANCE INC COM 64120L104 780609 9697 SH SOLE 9697 0 0
NEW YORK TIMES CO CL A 650111107 221082 5597 SH SOLE 5597 0 0
NEWELL RUBBERMAID INC COM 651229106 233862 9082 SH SOLE 9082 0 0
NEXTEL COMMUNICATIONS INC CL A 65332V103 1451233 23718 SH SOLE 23718 0 0
NIKE INC CL B 654106103 362528 9106 SH SOLE 9106 0 0
NORFOLK SOUTHERN CORP COM 655844108 176462 11863 SH SOLE 11863 0 0
NORTEL NETWORKS CORP NEW COM 656568102 6290603 92170 SH SOLE 92170 0 0
NORTHERN TR CORP COM 665859104 161315634 2479414 SH SOLE 2479414 0 0
NOVAMED EYECARE INC COM 66986W108 1287257 146080 SH SOLE 146080 0 0
NOVELL INC COM 670006105 98189 10615 SH SOLE 10615 0 0
NOVELLUS SYS INC COM 670008101 230207 4070 SH SOLE 4070 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 232061 11018 SH SOLE 11018 0 0
OFFICE DEPOT INC COM 676220106 75400 12064 SH SOLE 12064 0 0
OMNICOM GROUP INC COM 681919106 522438 5866 SH SOLE 5866 0 0
ONI SYSTEMS CORP COM 68273F103 3516090 30000 SH SOLE 30000 0 0
ORACLE CORP COM 68389X105 7808183 92886 SH SOLE 92886 0 0
PECO ENERGY CO COM 693304107 236954 5878 SH SOLE 5878 0 0
PG&E CORP COM 69331C108 305350 12400 SH SOLE 12400 0 0
PE CORP COM PE BIO GRP 69332S102 409084 6210 SH SOLE 6210 0 0
PE CORP CELERA GEN GRP 69332S201 21520147 230162 SH SOLE 230162 0 0
PNC FINL SVCS GROUP INC COM 693475105 454828 9703 SH SOLE 9703 0 0
PPG INDS INC COM 693506107 258561 5835 SH SOLE 5835 0 0
PAINE WEBBER GROUP INC COM 695629105 208982 4593 SH SOLE 4593 0 0
PALM INC COM 696642107 41631308 1247380 SH SOLE 1247380 0 0
PAYCHEX INC COM 704326107 492576 11728 SH SOLE 11728 0 0
PEPSICO INC COM 713448108 2117690 47656 SH SOLE 47656 0 0
PFIZER INC COM 717081103 53210820 1108559 SH SOLE 1108559 0 0
PHARMACIA CORP COM 71713U102 2059417 39844 SH SOLE 39844 0 0
PHILIP MORRIS COS INC COM 718154107 2017171 75942 SH SOLE 75942 0 0
PHILLIPS PETE CO COM 718507106 401137 7914 SH SOLE 7914 0 0
PITNEY BOWES INC COM 724479100 356640 8916 SH SOLE 8916 0 0
PLACER DOME INC COM 725906101 103566 10831 SH SOLE 10831 0 0
PRAXAIR INC COM 74005P104 201149 5373 SH SOLE 5373 0 0
PROBUSINESS SERVICES INC COM 742674104 1446567 54460 SH SOLE 54460 0 0
PROCTER & GAMBLE CO COM 742718109 2414977 42183 SH SOLE 42183 0 0
PROVIDIAN FINL CORP COM 74406A102 427680 4752 SH SOLE 4752 0 0
PUBLIC SVC ENTERPRISE GROUP COM 744573106 274784 7936 SH SOLE 7936 0 0
QLOGIC CORP COM 747277101 73322214 1109900 SH SOLE 1109900 0 0
QUAKER OATS CO COM 747402105 328146 4368 SH SOLE 4368 0 0
QUALCOMM INC COM 747525103 165359160 2755986 SH SOLE 2755986 0 0
QWEST COMMUNICATIONS INTL INC COM 749121109 317017966 6380300 SH SOLE 6380300 0 0
RF MICRODEVICES INC COM 749941100 170753523 1948685 SH SOLE 1948685 0 0
RADIOSHACK CORP COM 750438103 319781 6750 SH SOLE 6750 0 0
RAYTHEON CO CL B 755111408 213521 11092 SH SOLE 11092 0 0
REDBACK NETWORKS INC COM 757209101 26379600 148200 SH SOLE 148200 0 0
RELIANT ENERGY INC COM 75952J108 282110 9543 SH SOLE 9543 0 0
ROBERT HALF INTL INC COM 770323103 52468500 1841000 SH SOLE 1841000 0 0
ROHM & HAAS CO COM 775371107 238223 6905 SH SOLE 6905 0 0
ROYAL DUTCH PETE CO NY REG GLD1.25 780257804 4261199 69218 SH SOLE 69218 0 0
SBC COMMUNICATIONS INC COM 78387G103 4723981 109225 SH SOLE 109225 0 0
SPDR TR UNIT SER 1 78462F103 981373 6755 SH SOLE 6755 0 0
SAFEWAY INC COM NEW 786514208 185914865 4119997 SH SOLE 4119997 0 0
ST PAUL COS INC COM 792860108 261841 7673 SH SOLE 7673 0 0
SANMINA CORP COM 800907107 408690 4780 SH SOLE 4780 0 0
SAPIENT CORP COM 803062108 201576 1885 SH SOLE 1885 0 0
SARA LEE CORP COM 803111103 537955 27856 SH SOLE 27856 0 0
SCHERING PLOUGH CORP COM 806605101 2394407 47414 SH SOLE 47414 0 0
SCHLUMBERGER LTD COM 806857108 29530754 395722 SH SOLE 395722 0 0
SCHWAB CHARLES CORP NEW COM 808513105 697590753 20746193 SH SOLE 20746193 0 0
SCIENTIFIC ATLANTA INC COM 808655104 376225 5050 SH SOLE 5050 0 0
SEAGATE TECHNOLOGY COM 811804103 403590 7338 SH SOLE 7338 0 0
SEAGRAM LTD COM 811850106 784682 13529 SH SOLE 13529 0 0
SEALED AIR CORP NEW COM 81211K100 184263787 3518163 SH SOLE 3518163 0 0
SEALED AIR CORP NEW PFD CV A $2 81211K209 754313 14900 SH SOLE 14900 0 0
SEARS ROEBUCK & CO COM 812387108 404876 12410 SH SOLE 12410 0 0
724 SOLUTIONS INC COM 81788Q100 585951 13355 SH SOLE 13355 0 0
SIEBEL SYS INC COM 826170102 1014902 6205 SH SOLE 6205 0 0
SINCLAIR BROADCAST GROUP INC PFD CV EXCH D 829226505 4960000 160000 SH SOLE 160000 0 0
SODEXHO MARRIOTT SVCS INC COM 833793102 108520000 6782500 SH SOLE 6782500 0 0
SOLECTRON CORP COM 834182107 791605 18904 SH SOLE 18904 0 0
SOUTHERN CO COM 842587107 505684 21692 SH SOLE 21692 0 0
SOUTHWEST AIRLS CO COM 844741108 297841 15728 SH SOLE 15728 0 0
SPEEDWAY MOTORSPORTS INC COM 847788106 35939800 1562600 SH SOLE 1562600 0 0
SPEEDWAY MOTORSPORTS INC SB DB CV 5.75%03 847788AC0 12999000 12380000 PR SOLE 12380000 0 0
SPRINT CORP COM FON GROUP 852061100 1409844 27644 SH SOLE 27644 0 0
SPRINT CORP PCS COM SER 1 852061506 1633275 27450 SH SOLE 27450 0 0
STAPLES INC COM 855030102 230640 15001 SH SOLE 15001 0 0
STARBUCKS CORP COM 855244109 223967 5865 SH SOLE 5865 0 0
STATE STR CORP COM 857477103 64942823 612310 SH SOLE 612310 0 0
SUN MICROSYSTEMS INC COM 866810104 4642970 51057 SH SOLE 51057 0 0
SUNTRUST BKS INC COM 867914103 466144 10203 SH SOLE 10203 0 0
SYSCO CORP COM 871829107 453897 10775 SH SOLE 10775 0 0
TXU CORP COM 873168108 271076 9189 SH SOLE 9189 0 0
TARGET CORP COM 87612E106 810028 13966 SH SOLE 13966 0 0
TELLABS INC COM 879664100 865796 12651 SH SOLE 12651 0 0
TENET HEALTHCARE CORP COM 88033G100 254691 9433 SH SOLE 9433 0 0
TERADYNE INC COM 880770102 393446 5353 SH SOLE 5353 0 0
TEXACO INC COM 881694103 934431 17548 SH SOLE 17548 0 0
TEXAS INSTRS INC COM 882508104 3633405 52898 SH SOLE 52898 0 0
TEXTRON INC COM 883203101 292687 5389 SH SOLE 5389 0 0
3COM CORP COM 885535104 307387424 5334272 SH SOLE 5334272 0 0
360NETWORKS INC SUB VTG SHS 88575T205 11462815 751660 SH SOLE 751660 0 0
TIME WARNER INC COM 887315109 33790968 444618 SH SOLE 444618 0 0
TRIBUNE CO NEW COM 896047107 360780 10308 SH SOLE 10308 0 0
TYCO INTL LTD NEW COM 902124106 2544653 53713 SH SOLE 53713 0 0
USX MARATHON GROUP COM NEW 902905827 239994 9576 SH SOLE 9576 0 0
US BANCORP DEL COM 902973106 442519 22988 SH SOLE 22988 0 0
UNILEVER N V N Y SHS NEW 904784709 804917 18719 SH SOLE 18719 0 0
UNICOM CORP COM 904911104 265818 6871 SH SOLE 6871 0 0
UNION CARBIDE CORP COM 905581104 205475 4151 SH SOLE 4151 0 0
UNION PAC CORP COM 907818108 296418 7971 SH SOLE 7971 0 0
UNITED PARCEL SERVICE INC CL B 911312106 220896000 3744000 SH SOLE 3744000 0 0
US WEST INC COM 91273H101 50347512 587143 SH SOLE 587143 0 0
UNITED TECHNOLOGIES CORP COM 913017109 921394 15650 SH SOLE 15650 0 0
UNITEDHEALTH GROUP INC COM 91324P102 506354 5905 SH SOLE 5905 0 0
UNOCAL CORP COM 915289102 265431 8013 SH SOLE 8013 0 0
VAIL RESORTS INC COM 91879Q109 939571 57600 SH SOLE 57600 0 0
VERITAS SOFTWARE CO COM 923436109 1406484 12445 SH SOLE 12445 0 0
VERISIGN INC COM 92343E102 168281278 953435 SH SOLE 953435 0 0
VERIZON COMMUNICATIONS COM 92343V104 2512704 49451 SH SOLE 49451 0 0
VIACOM INC CL B 925524308 3359642 49271 SH SOLE 49271 0 0
WMX TECHNOLOGIES INC SUB NTS CV 2%05 92929QAF4 3375000 3000000 PR SOLE 3000000 0 0
WACHOVIA CORP COM 929771103 358972 6617 SH SOLE 6617 0 0
WAL MART STORES INC COM 931142103 8033328 139407 SH SOLE 139407 0 0
WALGREEN CO COM 931422109 1026991 31907 SH SOLE 31907 0 0
WASHINGTON MUT INC COM 939322103 548105 18982 SH SOLE 18982 0 0
WASTE MGMT INC DEL COM 94106L109 352659 18561 SH SOLE 18561 0 0
WELLS FARGO & CO NEW COM 949746101 50933155 1314404 SH SOLE 1314404 0 0
WEYERHAEUSER CO COM 962166104 325209 7563 SH SOLE 7563 0 0
WILLIAMS COS INC DEL COM 969457100 567735 13619 SH SOLE 13619 0 0
WILLIAMS SONOMA INC COM 969904101 74891032 2308815 SH SOLE 2308815 0 0
WINSTAR COMMUNICATIONS INC COM 975515107 214627 6336 SH SOLE 6336 0 0
WORLDCOM INC GA NEW COM 98157D106 4182974 91182 SH SOLE 91182 0 0
WRIGLEY WM JR CO COM 982526105 294687 3675 SH SOLE 3675 0 0
XILINX INC COM 983919101 841142 10188 SH SOLE 10188 0 0
XEROX CORP COM 984121103 453222 21842 SH SOLE 21842 0 0
YAHOO INC COM 984332106 2161867 17452 SH SOLE 17452 0 0
GLOBAL CROSSING LTD COM G3921A100 753102 28622 SH SOLE 28622 0 0
TRANSOCEAN SEDCO FOREX INC ORD G90078109 364708 6825 SH SOLE 6825 0 0
GRAND TOTAL 8242035437
</TABLE>
