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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13f Cover Page
Report for the Calendar Year or Quarter Ended June 30, 2003
If amended report check here: |_| Amendment Number: ____
This Amendment (Check only one): |_| is a restatement
|_| adds new holding
entries.
Nomura Securities Co., Ltd.
--------------------------------------------------------------------------------
Name of Institutional Investment Manager
1-9-1, Nihonbashi, Chuo-ku, Tokyo 103-8011, Japan
--------------------------------------------------------------------------------
Business Address (Street) (City) (State) (Zip)
13F File Number: 28-04979
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, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
David A. Leibowitz Head of Compliance and Surveillance 212-667-9387
--------------------------------------------------------------------------------
Name (Title) (Phone)
/s/ David A.Leibowitz
------------------------------------------
(Manual Signature of Person Duly
Authorized to Submit This Report)
New York, NY August 13, 2003
------------------------------------------
(Place and Date of Signing)
Report Type:
[ ] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[X] 13F COMBINATION REPORT.
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 4
Form 13F Information Table Entry Total: 870
Form 13F Information Table Value Total: $12,041,308
(thousands)
List of Other Included Managers:
Name and 13F file numbers of ALL Institutional Investment Managers with respect
to which this schedule is filed (other than the one filing this report): (List
in alphabetical order).
13F File No.: Name:
------------- ---------------------
6. 28-05739 Global Funds Management, S.A.
------------- ---------------------
2. 28-04985 Nomura International plc
------------- ---------------------
4. 28-04993 Nomura Securities (Bermuda)
------------- ---------------------
1. 28-04983 Nomura Securities International, Inc.
------------- ---------------------
1Page 1 03-02-12 14:47:43
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INFORMATION TABLE
QUARTER ENDING
06/30/2003
NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0ACE LTD ORD G0070K103 9,304 000000271333 SH DEFINED 01 SOLE
ACCENTURE LTD BERMUDA CL A G1150G111 841 000000046500 SH DEFINED 01 SOLE
COOPER INDS LTD CL A G24182100 3,988 000000096585 SH DEFINED 01 SOLE
GARMIN LTD ORD G37260109 446 000000011185 SH DEFINED 01 SOLE
INGERSOLL-RAND COMPANY LTD CL A G4776G101 8,013 000000169344 SH DEFINED 01 SOLE
NABORS INDUSTRIES LTD SHS G6359F103 5,924 000000149886 SH DEFINED 01 SOLE
NOBLE CORPORATION SHS G65422100 4,601 000000134159 SH DEFINED 01 SOLE
PARTNERRE LTD COM G6852T105 373 000000007300 SH DEFINED 01 SOLE
TRANSOCEAN INC ORD G90078109 7,181 000000326866 SH DEFINED 01 SOLE
WILLIS GROUP HOLDINGS LTD SHS G96655108 3,207 000000104300 SH DEFINED 01 SOLE
WILLIS GROUP HOLDINGS LTD SHS G96655108 52,275 000001700000 SH DEFINED 04 SOLE
XL CAP LTD CL A G98255105 11,504 000000138609 SH DEFINED 01 SOLE
PRECISE SOFTWARE SOLUTIONS L ORD M41450103 4,488 000000235000 SH DEFINED 01 SOLE
FLEXTRONICS INTL LTD ORD Y2573F102 736 000000070654 SH DEFINED 01 SOLE
ACTV INC COM 00088E104 190 000000196000 SH DEFINED 01 SOLE
A D C TELECOMMUNICATIONS COM 000886101 1,848 000000803764 SH DEFINED 01 SOLE
AFLAC INC COM 001055102 16,226 000000527687 SH DEFINED 01 SOLE
AES CORP COM 00130H105 3,887 000000612226 SH DEFINED 01 SOLE
AK STL HLDG CORP COM 001547108 271 000000075000 SH DEFINED 01 SOLE
AMR CORP COM 001765106 2,475 000000225000 SH DEFINED 01 SOLE
AOL TIME WARNER INC COM 00184A105 72,341 000004496058 SH DEFINED 01 SOLE
AT&T CORP COM NEW 001957505 15,127 000000785838 SH DEFINED 01 SOLE
AT&T WIRELESS SVCS INC COM 00209A106 22,568 000002748937 SH DEFINED 01 SOLE
AU OPTRONICS CORP SPONSORED 002255107 159 000000023000 SH DEFINED 01 SOLE
ABBOTT LABS COM 002824100 68,557 000001566669 SH DEFINED 01 SOLE
ABERCROMBIE & FITCH CO CL A 002896207 744 000000026200 SH DEFINED 01 SOLE
ADOBE SYS INC COM 00724F101 7,905 000000246510 SH DEFINED 01 SOLE
ADVANCED FIBRE COMMUNICATION COM 00754A105 255 000000015600 SH DEFINED 01 SOLE
ADVANCED MICRO DEVICES INC COM 007903107 2,215 000000345664 SH DEFINED 01 SOLE
ADVANTA CORP CL A 007942105 1,307 000000132850 SH DEFINED 01 SOLE
AETNA INC NEW COM 00817Y108 9,412 000000156354 SH DEFINED 01 SOLE
AFFILIATED COMPUTER SERVICES CL A 008190100 631 000000013800 SH DEFINED 01 SOLE
AFFYMETRIX INC COM 00826T108 438 000000022244 SH DEFINED 01 SOLE
AGERE SYS INC CL B 00845V209 3,883 000001688600 SH DEFINED 01 SOLE
AGERE SYS INC CL B 00845V209 660 000000287300 SH DEFINED 04 SOLE
AGILENT TECHNOLOGIES INC COM 00846U101 9,208 000000471034 SH DEFINED 01 SOLE
AIR PRODS & CHEMS INC COM 009158106 9,978 000000239874 SH DEFINED 01 SOLE
AIR PRODS & CHEMS INC COM 009158106 31,125 000000748200 SH DEFINED 04 SOLE
AIRBORNE INC COM 009269101 4,687 000000224300 SH DEFINED 01 SOLE
AIRGAS INC COM 009363102 358 000000021400 SH DEFINED 01 SOLE
ALBERTO CULVER CO CL B CONV 013068101 3,144 000000061541 SH DEFINED 01 SOLE
ALBERTO CULVER CO CL A 013068200 73,554 000001477600 SH DEFINED 01 SOLE
ALBERTSONS INC COM 013104104 7,471 000000389138 SH DEFINED 01 SOLE
ALCOA INC COM 013817101 21,932 000000860080 SH DEFINED 01 SOLE
ALLEGHENY ENERGY INC COM 017361106 1,061 000000125638 SH DEFINED 01 SOLE
ALLEGHENY TECHNOLOGIES INC COM 01741R102 533 000000080867 SH DEFINED 01 SOLE
1Page 2 03-08-07 10:34:24
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INFORMATION TABLE
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NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0ALLEN TELECOM INC COM 018091108 2,838 000000171800 SH DEFINED 01 SOLE
ALLERGAN INC NOTE 018490AE2 10,683 000011000000 SH DEFINED 01 SOLE
ALLERGAN INC COM 018490102 10,139 000000131508 SH DEFINED 01 SOLE
ALLIED WASTE INDS INC COM PAR$.0 019589308 2,261 000000224979 SH DEFINED 01 SOLE
ALLSTATE CORP COM 020002101 25,115 000000704514 SH DEFINED 01 SOLE
ALLTEL CORP COM 020039103 15,020 000000311508 SH DEFINED 01 SOLE
ALTERA CORP COM 021441100 7,104 000000432438 SH DEFINED 01 SOLE
ALTRIA GROUP INC COM 02209S103 91,982 000002024271 SH DEFINED 01 SOLE
AMAZON COM INC COM 023135106 240 000000006612 SH DEFINED 01 SOLE
AMBAC FINL GROUP INC COM 023139108 9,044 000000136517 SH DEFINED 01 SOLE
AMERADA HESS CORP COM 023551104 4,635 000000094255 SH DEFINED 01 SOLE
AMERADA HESS CORP COM 023551104 236 000000004800 SH DEFINED 06 SOLE
AMEREN CORP COM 023608102 7,177 000000162750 SH DEFINED 01 SOLE
AMERICAN ELEC PWR INC COM 025537101 11,794 000000395402 SH DEFINED 01 SOLE
AMERICAN EXPRESS CO COM 025816109 54,348 000001299881 SH DEFINED 01 SOLE
AMERICAN EXPRESS CO COM 025816109 26,353 000000630315 SH DEFINED 04 SOLE
AMERICAN FINL GROUP INC OHIO COM 025932104 234 000000010300 SH DEFINED 01 SOLE
AMERICAN GREETINGS CORP CL A 026375105 1,332 000000067851 SH DEFINED 01 SOLE
AMERICAN INTL GROUP INC DBCV 026874AP2 9,787 000015000000 SH DEFINED 01 SOLE
AMERICAN INTL GROUP INC COM 026874107 144,088 000002611248 SH DEFINED 01 SOLE
AMERICAN PWR CONVERSION CORP COM 029066107 3,073 000000196876 SH DEFINED 01 SOLE
AMERICAN STD COS INC DEL COM 029712106 5,332 000000072126 SH DEFINED 01 SOLE
AMERICAN TOWER CORP NOTE 5.00 029912AF9 333 000000003900 SH DEFINED 01 SOLE
AMERICREDIT CORP COM 03060R101 97 000000011400 SH DEFINED 06 SOLE
AMERITRADE HLDG CORP NOTE 5.75 03072HAB5 3,022 000000030000 PRN DEFINED 01 SOLE
AMERUS GROUP CO COM 03072M108 310 000000011000 SH DEFINED 01 SOLE
AMERISOURCEBERGEN CORP COM 03073E105 8,143 000000117419 SH DEFINED 01 SOLE
AMETEK INC NEW COM 031100100 245 000000006700 SH DEFINED 01 SOLE
AMGEN INC NOTE 031162AE0 16,485 000021000000 SH DEFINED 01 SOLE
AMGEN INC COM 031162100 83,594 000001267743 SH DEFINED 01 SOLE
AMGEN INC COM 031162100 8,233 000000124000 SH DEFINED 02 SOLE
AMKOR TECHNOLOGY INC NOTE 5.00 031652AH3 271 000000003250 SH DEFINED 01 SOLE
AMKOR TECHNOLOGY INC NOTE 5.75 031652AN0 638 000000007000 SH DEFINED 01 SOLE
AMSOUTH BANCORPORATION COM 032165102 7,862 000000359992 SH DEFINED 01 SOLE
ANADARKO PETE CORP COM 032511107 12,436 000000279670 SH DEFINED 01 SOLE
ANALOG DEVICES INC COM 032654105 12,754 000000366298 SH DEFINED 01 SOLE
ANDREW CORP COM 034425108 917 000000098229 SH DEFINED 01 SOLE
ANGIOTECH PHARMACEUTICALS IN COM 034918102 406 000000010000 SH DEFINED 01 SOLE
ANHEUSER BUSCH COS INC COM 035229103 43,090 000000844076 SH DEFINED 01 SOLE
ANIXTER INTL INC NOTE 035290AC9 3,187 000010000000 SH DEFINED 01 SOLE
ANTHEM INC COM 03674B104 10,662 000000138209 SH DEFINED 01 SOLE
AON CORP DBCV 3.50 037389AT0 16,156 000000125000 PRN DEFINED 01 SOLE
AON CORP COM 037389103 11,534 000000479003 SH DEFINED 01 SOLE
APACHE CORP COM 037411105 10,546 000000162104 SH DEFINED 01 SOLE
APARTMENT INVT & MGMT CO CL A 03748R101 3,455 000000099874 SH DEFINED 01 SOLE
APOGENT TECHNOLOGIES INC DEBT 2.25 03760AAE1 25,832 000000258000 PRN DEFINED 01 SOLE
1Page 3 03-08-07 10:34:24
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NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0APOLLO GROUP INC CL A 037604105 10,844 000000175476 SH DEFINED 01 SOLE
APPLE COMPUTER INC COM 037833100 7,074 000000371181 SH DEFINED 01 SOLE
APPLERA CORP COM AP BIO 038020103 4,151 000000218139 SH DEFINED 01 SOLE
APPLIED MICRO CIRCUITS CORP COM 03822W109 1,859 000000307796 SH DEFINED 01 SOLE
APPLIED MATLS INC COM 038222105 26,275 000001658828 SH DEFINED 01 SOLE
ARCHER DANIELS MIDLAND CO COM 039483102 8,379 000000651114 SH DEFINED 01 SOLE
ARCHSTONE SMITH TR COM 039583109 240 000000010000 SH DEFINED 01 SOLE
ARROW ELECTRS INC DBCV 042735AY6 3,900 000008000000 SH DEFINED 01 SOLE
ARROW ELECTRS INC COM 042735100 312 000000020500 SH DEFINED 01 SOLE
ASBURY AUTOMOTIVE GROUP INC COM 043436104 363 000000027000 SH DEFINED 01 SOLE
ASHANTI GOLDFIELDS LTD GLOB DEP R 043743202 1,005 000000126100 SH DEFINED 01 SOLE
ASHLAND INC COM 044204105 2,256 000000073546 SH DEFINED 01 SOLE
ASTRAZENECA PLC SPONSORED 046353108 285 000000007000 SH DEFINED 01 SOLE
AT&T CDA INC NEW CL B LT VT 04650D205 1,033 000000030800 SH DEFINED 01 SOLE
AUTODESK INC COM 052769106 1,836 000000113568 SH DEFINED 01 SOLE
AUTOMATIC DATA PROCESSING IN COM 053015103 20,345 000000600886 SH DEFINED 01 SOLE
AUTONATION INC COM 05329W102 4,680 000000297730 SH DEFINED 01 SOLE
AUTOZONE INC COM 053332102 7,210 000000094915 SH DEFINED 01 SOLE
AUTOZONE INC COM 053332102 454 000000005900 SH DEFINED 06 SOLE
AVAYA INC COM 053499109 2,461 000000381103 SH DEFINED 01 SOLE
AVAYA INC COM 053499109 109 000000016600 SH DEFINED 06 SOLE
AVERY DENNISON CORP COM 053611109 6,177 000000123058 SH DEFINED 01 SOLE
AVNET INC COM 053807103 341 000000026900 SH DEFINED 01 SOLE
AVON PRODS INC COM 054303102 14,601 000000234756 SH DEFINED 01 SOLE
BB&T CORP COM 054937107 16,229 000000473165 SH DEFINED 01 SOLE
BJ SVCS CO COM 055482103 5,962 000000159594 SH DEFINED 01 SOLE
BMC SOFTWARE INC COM 055921100 4,062 000000248774 SH DEFINED 01 SOLE
BMC SOFTWARE INC COM 055921100 286 000000017300 SH DEFINED 06 SOLE
BAKER HUGHES INC COM 057224107 11,326 000000337410 SH DEFINED 01 SOLE
BALL CORP COM 058498106 2,979 000000065461 SH DEFINED 01 SOLE
BANDAG INC CL A 059815308 13,625 000000388200 SH DEFINED 01 SOLE
BANK OF AMERICA CORPORATION COM 060505104 118,332 000001497317 SH DEFINED 01 SOLE
BANK OF AMERICA CORPORATION COM 060505104 461 000000005800 SH DEFINED 06 SOLE
BANK NEW YORK INC COM 064057102 22,303 000000775763 SH DEFINED 01 SOLE
BANK ONE CORP COM 06423A103 42,840 000001152255 SH DEFINED 01 SOLE
BANK UTD CORP LITIGATN CONT RIGHT 99/9 065416117 19 000000248800 SH DEFINED 01 SOLE
BANKNORTH GROUP INC NEW COM 06646R107 206 000000008100 SH DEFINED 01 SOLE
BARD C R INC COM 067383109 3,708 000000052011 SH DEFINED 01 SOLE
BAUSCH & LOMB INC COM 071707103 2,138 000000057018 SH DEFINED 01 SOLE
BAXTER INTL INC COM 071813109 16,181 000000622372 SH DEFINED 01 SOLE
BAY VIEW CAP CORP DEL COM 07262L101 1,242 000000215000 SH DEFINED 01 SOLE
BEA SYS INC COM 073325102 554 000000050895 SH DEFINED 01 SOLE
BEAR STEARNS COS INC COM 073902108 7,287 000000100629 SH DEFINED 01 SOLE
BEAR STEARNS COS INC COM 073902108 285 000000003900 SH DEFINED 06 SOLE
BECKMAN COULTER INC COM 075811109 377 000000009300 SH DEFINED 01 SOLE
BECTON DICKINSON & CO COM 075887109 10,185 000000262183 SH DEFINED 01 SOLE
1Page 4 03-08-07 10:34:24
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INFORMATION TABLE
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NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0BED BATH & BEYOND INC COM 075896100 12,070 000000310924 SH DEFINED 01 SOLE
BELLSOUTH CORP COM 079860102 50,463 000001894969 SH DEFINED 01 SOLE
BELO CORP COM SER A 080555105 210 000000009400 SH DEFINED 01 SOLE
BEMIS INC COM 081437105 2,614 000000055865 SH DEFINED 01 SOLE
BEST BUY INC DBCV 0.68 086516AD3 3,706 000000050000 PRN DEFINED 01 SOLE
BEST BUY INC COM 086516101 14,193 000000323157 SH DEFINED 01 SOLE
BIG LOTS INC COM 089302103 1,806 000000120100 SH DEFINED 01 SOLE
BIO RAD LABS INC CL A 090572207 260 000000004700 SH DEFINED 01 SOLE
BIOGEN INC COM 090597105 5,650 000000148825 SH DEFINED 01 SOLE
BIOMET INC COM 090613100 7,662 000000266977 SH DEFINED 01 SOLE
BIOTECH HOLDERS TR DEPOSTRY R 09067D201 57,064 000000463000 SH DEFINED 01 SOLE
BIOVAIL CORP COM 09067J109 291 000000006200 SH DEFINED 01 SOLE
BLACK & DECKER CORP COM 091797100 3,653 000000084085 SH DEFINED 01 SOLE
BLOCK H & R INC COM 093671105 8,132 000000188028 SH DEFINED 01 SOLE
BOEING CO COM 097023105 28,927 000000842882 SH DEFINED 01 SOLE
BOISE CASCADE CORP COM 097383103 1,439 000000060239 SH DEFINED 01 SOLE
BOSTON SCIENTIFIC CORP COM 101137107 25,045 000000409913 SH DEFINED 01 SOLE
BOWATER INC COM 102183100 280 000000007500 SH DEFINED 01 SOLE
BRISTOL MYERS SQUIBB CO COM 110122108 53,112 000001956279 SH DEFINED 01 SOLE
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BROADCOM CORP CL A 111320107 7,000 000000281048 SH DEFINED 01 SOLE
BROCADE COMMUNICATIONS SYS I COM 111621108 1,134 000000191905 SH DEFINED 01 SOLE
BROWN FORMAN CORP CL A 115637100 3,010 000000037400 SH DEFINED 01 SOLE
BROWN FORMAN CORP CL B 115637209 4,988 000000063446 SH DEFINED 01 SOLE
BRUKER AXS INC COM 11679P101 799 000000246067 SH DEFINED 01 SOLE
BRUNSWICK CORP COM 117043109 2,261 000000090381 SH DEFINED 01 SOLE
BURLINGTON NORTHN SANTA FE C COM 12189T104 10,770 000000378724 SH DEFINED 01 SOLE
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CIGNA CORP COM 125509109 7,401 000000157688 SH DEFINED 01 SOLE
CIGNA CORP COM 125509109 264 000000005600 SH DEFINED 06 SOLE
CMS ENERGY CORP COM 125896100 1,166 000000144018 SH DEFINED 01 SOLE
CNF INC COM 12612W104 401 000000015800 SH DEFINED 01 SOLE
CSX CORP DBCV 126408GA5 4,168 000005000000 SH DEFINED 01 SOLE
CSX CORP COM 126408103 6,782 000000225417 SH DEFINED 01 SOLE
CVS CORP COM 126650100 12,607 000000449791 SH DEFINED 01 SOLE
CABLEVISION SYS CORP CL A NY CA 12686C109 296 000000014300 SH DEFINED 01 SOLE
CADENCE DESIGN SYSTEM INC COM 127387108 678 000000056300 SH DEFINED 01 SOLE
CALPINE CORP COM 131347106 2,514 000000381033 SH DEFINED 01 SOLE
CAMPBELL SOUP CO COM 134429109 10,430 000000425743 SH DEFINED 01 SOLE
CANADA LIFE FINL CORP COM 135113108 9,332 000000281100 SH DEFINED 01 SOLE
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CARDINAL HEALTH INC COM 14149Y108 29,567 000000459843 SH DEFINED 01 SOLE
1Page 5 03-08-07 10:34:24
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NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
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CATERPILLAR INC DEL COM 149123101 19,157 000000344179 SH DEFINED 01 SOLE
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CENDANT CORP COM 151313103 18,690 000001020216 SH DEFINED 01 SOLE
CENTERPOINT ENERGY INC COM 15189T107 2,487 000000305261 SH DEFINED 01 SOLE
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CHARTER ONE FINL INC COM 160903100 7,012 000000224890 SH DEFINED 01 SOLE
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CITRIX SYS INC COM 177376100 4,233 000000207946 SH DEFINED 01 SOLE
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COCA COLA CO COM 191216100 114,261 000002461993 SH DEFINED 01 SOLE
COCA COLA CO COM 191216100 22,276 000000480000 SH DEFINED 04 SOLE
COCA COLA ENTERPRISES INC COM 191219104 8,447 000000465410 SH DEFINED 01 SOLE
COLGATE PALMOLIVE CO COM 194162103 31,280 000000539786 SH DEFINED 01 SOLE
COMCAST CORP NEW CL A 20030N101 70,781 000002345315 SH DEFINED 01 SOLE
COMCAST CORP NEW CL A SPL 20030N200 70,742 000002440246 SH DEFINED 01 SOLE
COMERICA INC COM 200340107 8,136 000000174980 SH DEFINED 01 SOLE
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NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0COMMERCE BANCSHARES INC COM 200525103 283 000000007288 SH DEFINED 01 SOLE
COMPUTER ASSOC INTL INC COM 204912109 12,898 000000578936 SH DEFINED 01 SOLE
COMPUTER ASSOC INTL INC COM 204912109 281 000000012600 SH DEFINED 06 SOLE
COMPUTER SCIENCES CORP COM 205363104 7,319 000000192011 SH DEFINED 01 SOLE
COMPUWARE CORP COM 205638109 2,181 000000381391 SH DEFINED 01 SOLE
COMVERSE TECHNOLOGY INC COM PAR $0 205862402 4,260 000000283818 SH DEFINED 01 SOLE
CONAGRA FOODS INC COM 205887102 12,672 000000536955 SH DEFINED 01 SOLE
COMPUTER HORIZONS CORP COM 205908106 113 000000025000 SH DEFINED 01 SOLE
CONCORD EFS INC COM 206197105 12,928 000000878281 SH DEFINED 01 SOLE
CONOCOPHILLIPS COM 20825C104 37,219 000000679181 SH DEFINED 01 SOLE
CONSOLIDATED EDISON INC COM 209115104 9,663 000000223283 SH DEFINED 01 SOLE
CONSTAR INTL INC NEW COM 21036U107 430 000000057200 SH DEFINED 01 SOLE
CONSTELLATION ENERGY GROUP I COM 210371100 5,692 000000165965 SH DEFINED 01 SOLE
CONVERGYS CORP COM 212485106 2,693 000000168367 SH DEFINED 01 SOLE
COOPER TIRE & RUBR CO COM 216831107 1,297 000000073777 SH DEFINED 01 SOLE
COORS ADOLPH CO CL B 217016104 2,116 000000043213 SH DEFINED 01 SOLE
CORNING INC COM 219350105 9,350 000001265233 SH DEFINED 01 SOLE
COSTCO WHSL CORP NEW COM 22160K105 17,200 000000469960 SH DEFINED 01 SOLE
COSTCO WHSL CORP NEW COM 22160K105 5,490 000000150000 SH DEFINED 04 SOLE
COUNTRYWIDE FINANCIAL CORP NOTE 222372AE4 33,656 000037500000 SH DEFINED 01 SOLE
COUNTRYWIDE FINANCIAL CORP COM 222372104 14,125 000000203041 SH DEFINED 01 SOLE
COUNTRYWIDE FINANCIAL CORP COM 222372104 278 000000004100 SH DEFINED 06 SOLE
CRANE CO COM 224399105 1,383 000000061130 SH DEFINED 01 SOLE
CRAWFORD & CO CL B 224633107 56 000000011500 SH DEFINED 01 SOLE
CROWN AMERN RLTY TR SH BEN INT 228186102 1,824 000000169900 SH DEFINED 01 SOLE
CULLEN FROST BANKERS INC COM 229899109 243 000000007600 SH DEFINED 01 SOLE
CUMMINS INC COM 231021106 1,502 000000041865 SH DEFINED 01 SOLE
CURTISS WRIGHT CORP CL B 231561408 12,260 000000196800 SH DEFINED 01 SOLE
DTE ENERGY CO COM 233331107 6,678 000000172843 SH DEFINED 01 SOLE
DTE ENERGY CO COM 233331107 2,534 000000065600 SH DEFINED 04 SOLE
DANA CORP COM 235811106 1,783 000000154257 SH DEFINED 01 SOLE
DANAHER CORP DEL COM 235851102 10,655 000000156589 SH DEFINED 01 SOLE
DARDEN RESTAURANTS INC COM 237194105 3,372 000000177674 SH DEFINED 01 SOLE
DEERE & CO COM 244199105 10,985 000000240388 SH DEFINED 01 SOLE
DEERE & CO COM 244199105 5,950 000000130200 SH DEFINED 04 SOLE
DELL COMPUTER CORP COM 247025109 82,858 000002602336 SH DEFINED 01 SOLE
DELL COMPUTER CORP COM 247025109 1,648 000000051500 SH DEFINED 02 SOLE
DELPHI CORP COM 247126105 4,832 000000559927 SH DEFINED 01 SOLE
DELPHI CORP COM 247126105 2,160 000000250300 SH DEFINED 04 SOLE
DELTA AIR LINES INC DEL COM 247361108 1,810 000000123298 SH DEFINED 01 SOLE
DELUXE CORP COM 248019101 2,640 000000058945 SH DEFINED 01 SOLE
DEVON ENERGY CORP NEW COM 25179M103 12,316 000000230645 SH DEFINED 01 SOLE
DEVRY INC DEL COM 251893103 405 000000017400 SH DEFINED 01 SOLE
DIAMOND OFFSHORE DRILLING IN DBCV 1.50 25271CAE2 13,706 000000146400 PRN DEFINED 01 SOLE
DIAMONDS TR UNIT SER 1 252787106 224,775 000002500000 SH DEFINED 01 SOLE
DILLARDS INC CL A 254067101 1,144 000000084994 SH DEFINED 01 SOLE
1Page 7 03-08-07 10:34:24
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NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0DISNEY WALT CO NOTE 2.12 254687AU0 25,968 000000250000 PRN DEFINED 01 SOLE
DISNEY WALT CO COM DISNEY 254687106 40,527 000002052023 SH DEFINED 01 SOLE
DISNEY WALT CO COM DISNEY 254687106 288 000000014900 SH DEFINED 06 SOLE
DOLLAR GEN CORP COM 256669102 6,120 000000335167 SH DEFINED 01 SOLE
DOMINION RES INC VA NEW COM 25746U109 19,960 000000310579 SH DEFINED 01 SOLE
DONNELLEY R R & SONS CO COM 257867101 2,970 000000113632 SH DEFINED 01 SOLE
DOVER CORP COM 260003108 6,231 000000208007 SH DEFINED 01 SOLE
DOW CHEM CO COM 260543103 28,393 000000917116 SH DEFINED 01 SOLE
DOW CHEM CO COM 260543103 122,156 000003945612 SH DEFINED 04 SOLE
DOW JONES & CO INC COM 260561105 3,575 000000083089 SH DEFINED 01 SOLE
DREYERS GRAND ICE CREAM INC COM 261878102 3,743 000000047600 SH DEFINED 01 SOLE
DU PONT E I DE NEMOURS & CO COM 263534109 41,464 000000995778 SH DEFINED 01 SOLE
DUKE ENERGY CORP NOTE 1.75 264399EJ1 10,437 000000100000 PRN DEFINED 01 SOLE
DUKE ENERGY CORP COM 264399106 17,968 000000900660 SH DEFINED 01 SOLE
DYNEGY INC NEW CL A 26816Q101 1,564 000000372440 SH DEFINED 01 SOLE
E M C CORP MASS COM 268648102 22,908 000002187991 SH DEFINED 01 SOLE
E M C CORP MASS COM 268648102 120 000000011700 SH DEFINED 06 SOLE
ENSCO INTL INC COM 26874Q100 298 000000011100 SH DEFINED 01 SOLE
ENI S P A SPONSORED 26874R108 273 000000003600 SH DEFINED 01 SOLE
EOG RES INC COM 26875P101 4,831 000000115466 SH DEFINED 01 SOLE
EXCO RESOURCES INC COM NEW 269279204 594 000000033100 SH DEFINED 01 SOLE
EASTMAN CHEM CO COM 277432100 2,602 000000082165 SH DEFINED 01 SOLE
EASTMAN KODAK CO COM 277461109 8,540 000000312278 SH DEFINED 01 SOLE
EASTMAN KODAK CO COM 277461109 596 000000021604 SH DEFINED 02 SOLE
EASTMAN KODAK CO COM 277461109 231 000000008400 SH DEFINED 06 SOLE
EATON CORP COM 278058102 6,211 000000079013 SH DEFINED 01 SOLE
EBAY INC COM 278642103 33,065 000000317939 SH DEFINED 01 SOLE
EBAY INC COM 278642103 20,800 000000200000 SH DEFINED 04 SOLE
ECOLAB INC COM 278865100 6,721 000000262556 SH DEFINED 01 SOLE
EDISON INTL COM 281020107 5,349 000000325623 SH DEFINED 01 SOLE
J D EDWARDS & CO COM 281667105 1,044 000000073000 SH DEFINED 01 SOLE
EFUNDS CORP COM 28224R101 1,062 000000092000 SH DEFINED 01 SOLE
EL PASO CORP COM 28336L109 4,838 000000598833 SH DEFINED 01 SOLE
ELECTRONIC ARTS INC COM 285512109 10,781 000000145894 SH DEFINED 01 SOLE
ELECTRONIC DATA SYS NEW COM 285661104 10,275 000000479023 SH DEFINED 01 SOLE
EMERSON ELEC CO COM 291011104 21,524 000000421231 SH DEFINED 01 SOLE
ENGELHARD CORP COM 292845104 3,382 000000136574 SH DEFINED 01 SOLE
ENTERGY CORP NEW COM 29364G103 11,908 000000225619 SH DEFINED 01 SOLE
ENTERGY CORP NEW COM 29364G103 269 000000005100 SH DEFINED 06 SOLE
EQUIFAX INC COM 294429105 3,721 000000143125 SH DEFINED 01 SOLE
EQUITY OFFICE PROPERTIES TRU COM 294741103 10,870 000000402461 SH DEFINED 01 SOLE
EQUITY RESIDENTIAL SH BEN INT 29476L107 7,068 000000272401 SH DEFINED 01 SOLE
ERICSSON L M TEL CO ADR B SEK 294821608 852 000000080167 SH DEFINED 01 SOLE
ESPEED INC CL A 296643109 3,290 000000166500 SH DEFINED 01 SOLE
EXELON CORP COM 30161N101 19,453 000000325258 SH DEFINED 01 SOLE
EXPEDIA INC CL A 302125109 25,070 000000329262 SH DEFINED 01 SOLE
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NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0EXPEDITORS INTL WASH INC COM 302130109 1,109 000000032199 SH DEFINED 01 SOLE
EXXON MOBIL CORP COM 30231G102 243,770 000006788379 SH DEFINED 01 SOLE
F&M BANCORP MD COM 302367107 3,549 000000072100 SH DEFINED 01 SOLE
FPL GROUP INC COM 302571104 12,240 000000183099 SH DEFINED 01 SOLE
FACTUAL DATA CORP COM 303094106 305 000000017572 SH DEFINED 01 SOLE
FAIR ISAAC CORP COM 303250104 303 000000005900 SH DEFINED 01 SOLE
FAIRCHILD SEMICONDUCTOR INTL COM 303726103 207 000000016200 SH DEFINED 01 SOLE
FAMILY DLR STORES INC COM 307000109 6,557 000000171894 SH DEFINED 01 SOLE
FEDERAL HOME LN MTG CORP COM 313400301 37,929 000000747079 SH DEFINED 01 SOLE
FEDERAL NATL MTG ASSN COM 313586109 66,949 000000992728 SH DEFINED 01 SOLE
FEDERAL NATL MTG ASSN COM 313586109 358 000000005400 SH DEFINED 06 SOLE
FEDERATED DEPT STORES INC DE COM 31410H101 6,899 000000187221 SH DEFINED 01 SOLE
FEDERATED DEPT STORES INC DE COM 31410H101 349 000000009600 SH DEFINED 06 SOLE
FEDERATED INVS INC PA CL B 314211103 3,357 000000122440 SH DEFINED 01 SOLE
FEDEX CORP COM 31428X106 18,777 000000302711 SH DEFINED 01 SOLE
FIDELITY NATIONAL SOLTNS INC COM 31620P109 2,544 000000097600 SH DEFINED 01 SOLE
FIDELITY NATL FINL INC COM 316326107 321 000000010300 SH DEFINED 06 SOLE
FIFTH THIRD BANCORP COM 316773100 32,961 000000574039 SH DEFINED 01 SOLE
FIFTH THIRD BANCORP COM 316773100 23,662 000000412100 SH DEFINED 04 SOLE
FIRST AMERN CORP CALIF COM 318522307 334 000000012700 SH DEFINED 01 SOLE
FIRST BELL BANCORP INC COM 319301107 1,578 000000060864 SH DEFINED 01 SOLE
FIRST COLONIAL GROUP INC COM 319734109 1,660 000000034180 SH DEFINED 01 SOLE
FIRST DATA CORP COM 319963104 34,701 000000837394 SH DEFINED 01 SOLE
FIRST ESSEX BANCORP INC COM 320103104 1,060 000000022500 SH DEFINED 01 SOLE
FIRST TENN NATL CORP COM 337162101 5,582 000000127132 SH DEFINED 01 SOLE
FIRST TENN NATL CORP COM 337162101 223 000000005100 SH DEFINED 06 SOLE
FIRST VA BANKS INC COM 337477103 8,981 000000208300 SH DEFINED 01 SOLE
FISERV INC COM 337738108 6,906 000000193670 SH DEFINED 01 SOLE
FIRSTENERGY CORP COM 337932107 11,442 000000297606 SH DEFINED 01 SOLE
FIRSTENERGY CORP COM 337932107 1,922 000000050000 SH DEFINED 04 SOLE
FLEETBOSTON FINL CORP COM 339030108 31,463 000001059029 SH DEFINED 01 SOLE
FLORIDA EAST COAST INDS CL B 340632207 1,352 000000054300 SH DEFINED 01 SOLE
FLUOR CORP NEW COM 343412102 2,775 000000082510 SH DEFINED 01 SOLE
FOOT LOCKER INC COM 344849104 278 000000021000 SH DEFINED 01 SOLE
FORD MTR CO DEL COM PAR $0 345370860 20,107 000001829599 SH DEFINED 01 SOLE
FORD MTR CO DEL COM PAR $0 345370860 29,123 000002650000 SH DEFINED 04 SOLE
FOREST LABS INC COM 345838106 19,903 000000363527 SH DEFINED 01 SOLE
FOREST LABS INC COM 345838106 277 000000005000 SH DEFINED 06 SOLE
FORTUNE BRANDS INC COM 349631101 7,591 000000145432 SH DEFINED 01 SOLE
FOUR SEASONS HOTEL INC NOTE 35100EAD6 3,386 000010500000 SH DEFINED 01 SOLE
FOX ENTMT GROUP INC CL A 35138T107 388 000000013500 SH DEFINED 01 SOLE
FRANKLIN RES INC COM 354613101 9,898 000000253351 SH DEFINED 01 SOLE
FREEPORT-MCMORAN COPPER & GO CL B 35671D857 3,557 000000145219 SH DEFINED 01 SOLE
GBC BANCORP CALIF COM 361475106 2,104 000000055030 SH DEFINED 01 SOLE
GANNETT INC COM 364730101 20,659 000000268968 SH DEFINED 01 SOLE
GAP INC DEL COM 364760108 16,745 000000892641 SH DEFINED 01 SOLE
1Page 9 03-08-07 10:34:24
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NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0GAP INC DEL COM 364760108 281 000000015100 SH DEFINED 06 SOLE
GARTNER INC CL B 366651206 260 000000034700 SH DEFINED 01 SOLE
GATEWAY INC COM 367626108 1,182 000000323887 SH DEFINED 01 SOLE
GENCORP INC NOTE 5.75 368682AE0 1,867 000000020000 PRN DEFINED 01 SOLE
GENENTECH INC COM NEW 368710406 519 000000007200 SH DEFINED 01 SOLE
GENERAL AMERN INVS INC COM 368802104 367 000000013400 SH DEFINED 01 SOLE
GENERAL DYNAMICS CORP COM 369550108 14,419 000000198895 SH DEFINED 01 SOLE
GENERAL ELEC CO COM 369604103 291,383 000010159821 SH DEFINED 01 SOLE
GENERAL ELEC CO COM 369604103 92,954 000003241097 SH DEFINED 04 SOLE
GENERAL MLS INC COM 370334104 17,663 000000372565 SH DEFINED 01 SOLE
GENERAL MTRS CORP COM 370442105 20,328 000000564668 SH DEFINED 01 SOLE
GENUINE PARTS CO COM 372460105 5,740 000000179331 SH DEFINED 01 SOLE
GENZYME CORP COM GENL D 372917104 9,836 000000234997 SH DEFINED 01 SOLE
GEORGIA PAC CORP COM 373298108 4,961 000000261828 SH DEFINED 01 SOLE
GILEAD SCIENCES INC COM 375558103 525 000000009453 SH DEFINED 01 SOLE
GILLETTE CO COM 375766102 33,241 000001043347 SH DEFINED 01 SOLE
GLOBAL MARINE INC DBCV 379352AN7 26,162 000046000000 SH DEFINED 01 SOLE
GOLDEN WEST FINL CORP DEL COM 381317106 12,202 000000152506 SH DEFINED 01 SOLE
GOLDMAN SACHS GROUP INC COM 38141G104 39,415 000000470632 SH DEFINED 01 SOLE
GOODRICH CORP COM 382388106 2,592 000000123471 SH DEFINED 01 SOLE
GOODYEAR TIRE & RUBR CO COM 382550101 919 000000175201 SH DEFINED 01 SOLE
GRACO INC COM 384109104 217 000000006800 SH DEFINED 01 SOLE
GRAINGER W W INC COM 384802104 4,741 000000101405 SH DEFINED 01 SOLE
GRANITE BROADCASTING CORP COM 387241102 306 000000100000 SH DEFINED 01 SOLE
GRAPHIC PACKAGING INTL CORP COM 388690109 90 000000020000 SH DEFINED 01 SOLE
GRAY TELEVISION INC CL A 389375205 1,462 000000118900 SH DEFINED 01 SOLE
GREAT LAKES CHEM CORP COM 390568103 1,255 000000061564 SH DEFINED 01 SOLE
GREENPOINT FINL CORP COM 395384100 287 000000005600 SH DEFINED 06 SOLE
GUCCI GROUP N V COM NY REG 401566104 2,205 000000022500 SH DEFINED 01 SOLE
GUIDANT CORP COM 401698105 13,927 000000313751 SH DEFINED 01 SOLE
HCA INC COM 404119109 16,650 000000519679 SH DEFINED 01 SOLE
HALLIBURTON CO COM 406216101 12,692 000000551868 SH DEFINED 01 SOLE
HANCOCK JOHN FINL SVCS INC COM 41014S106 9,086 000000295683 SH DEFINED 01 SOLE
HANCOCK JOHN FINL SVCS INC COM 41014S106 217 000000007000 SH DEFINED 06 SOLE
HARLEY DAVIDSON INC COM 412822108 12,599 000000316088 SH DEFINED 01 SOLE
HARRAHS ENTMT INC COM 413619107 4,506 000000111989 SH DEFINED 01 SOLE
HARRAHS ENTMT INC COM 413619107 229 000000005600 SH DEFINED 06 SOLE
HARTFORD FINL SVCS GROUP INC COM 416515104 14,126 000000280504 SH DEFINED 01 SOLE
HASBRO INC DBCV 2.75 418056AN7 6,789 000000062000 PRN DEFINED 01 SOLE
HASBRO INC COM 418056107 3,028 000000173130 SH DEFINED 01 SOLE
HEALTH MGMT ASSOC INC NEW CL A 421933102 4,543 000000246282 SH DEFINED 01 SOLE
HEALTH NET INC COM 42222G108 280 000000008500 SH DEFINED 06 SOLE
HEINZ H J CO COM 423074103 11,594 000000351560 SH DEFINED 01 SOLE
HEINZ H J CO COM 423074103 10,725 000000325200 SH DEFINED 04 SOLE
HERCULES INC COM 427056106 1,118 000000112933 SH DEFINED 01 SOLE
HERSHEY FOODS CORP COM 427866108 9,130 000000131074 SH DEFINED 01 SOLE
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NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0HEWLETT PACKARD CO COM 428236103 65,872 000003092596 SH DEFINED 01 SOLE
HEWLETT PACKARD CO COM 428236103 6,390 000000300000 SH DEFINED 04 SOLE
HILLENBRAND INDS INC COM 431573104 575 000000011400 SH DEFINED 01 SOLE
HILTON HOTELS CORP NOTE 3.37 432848AY5 17,084 000000175000 PRN DEFINED 01 SOLE
HILTON HOTELS CORP COM 432848109 5,197 000000406347 SH DEFINED 01 SOLE
HISPANIC BROADCASTING CORP CL A 43357B104 277 000000010900 SH DEFINED 01 SOLE
HOME DEPOT INC COM 437076102 76,258 000002302479 SH DEFINED 01 SOLE
HONEYWELL INTL INC COM 438516106 23,023 000000857494 SH DEFINED 01 SOLE
HUBBELL INC CL A 443510102 11,059 000000344000 SH DEFINED 01 SOLE
HUMANA INC COM 444859102 2,535 000000167893 SH DEFINED 01 SOLE
HUNTINGTON BANCSHARES INC COM 446150104 4,590 000000235274 SH DEFINED 01 SOLE
ICOS CORP COM 449295104 376 000000010213 SH DEFINED 01 SOLE
IDEC PHARMACEUTICALS CORP NOTE 449370AE5 11,625 000020000000 SH DEFINED 01 SOLE
IDEC PHARMACEUTICALS CORP COM 449370105 957 000000028188 SH DEFINED 01 SOLE
IGEN INC COM 449536101 692 000000022119 SH DEFINED 01 SOLE
IMS HEALTH INC COM 449934108 4,421 000000245758 SH DEFINED 01 SOLE
ITT INDS INC IND COM 450911102 6,017 000000091926 SH DEFINED 01 SOLE
ILLINOIS TOOL WKS INC COM 452308109 20,397 000000309751 SH DEFINED 01 SOLE
ILLINOIS TOOL WKS INC COM 452308109 12,234 000000185800 SH DEFINED 04 SOLE
IMCLONE SYS INC COM 45245W109 461 000000014430 SH DEFINED 01 SOLE
INSIGNIA FINL GROUP INC NEW COM 45767A105 2,222 000000200000 SH DEFINED 01 SOLE
INTEL CORP COM 458140100 141,271 000006788628 SH DEFINED 01 SOLE
INTEL CORP COM 458140100 7,283 000000350000 SH DEFINED 04 SOLE
INTEL CORP COM 458140100 337 000000016400 SH DEFINED 06 SOLE
INTERGRAPH CORP COM 458683109 632 000000029905 SH DEFINED 01 SOLE
INTERMUNE INC COM 45884X103 246 000000015229 SH DEFINED 01 SOLE
INTERNATIONAL BUSINESS MACHS COM 459200101 143,076 000001734265 SH DEFINED 01 SOLE
INTERNATIONAL BUSINESS MACHS COM 459200101 1,317 000000015761 SH DEFINED 02 SOLE
INTERNATIONAL FLAVORS&FRAGRA COM 459506101 3,156 000000098844 SH DEFINED 01 SOLE
INTERNATIONAL GAME TECHNOLOG COM 459902102 8,732 000000085337 SH DEFINED 01 SOLE
INTL PAPER CO COM 460146103 17,108 000000478828 SH DEFINED 01 SOLE
INTERNET HOLDRS TR DEPOSIT RC 46059W102 18,803 000000484000 SH DEFINED 01 SOLE
INTERNET ARCHITECTURE HOLDR DEPOSTRY R 46060A107 465 000000015000 SH DEFINED 01 SOLE
INTERPUBLIC GROUP COS INC COM 460690100 5,314 000000397212 SH DEFINED 01 SOLE
INTUIT COM 461202103 9,217 000000206663 SH DEFINED 01 SOLE
IRON MTN INC PA COM 462846106 478 000000012900 SH DEFINED 01 SOLE
JDS UNIPHASE CORP COM 46612J101 5,013 000001433705 SH DEFINED 01 SOLE
J P MORGAN CHASE & CO COM 46625H100 69,581 000002035748 SH DEFINED 01 SOLE
J P MORGAN CHASE & CO COM 46625H100 1,020 000000030000 SH DEFINED 02 SOLE
JABIL CIRCUIT INC COM 466313103 4,521 000000204591 SH DEFINED 01 SOLE
JANUS CAP GROUP INC COM 47102X105 4,025 000000245431 SH DEFINED 01 SOLE
JEFFERSON PILOT CORP COM 475070108 5,899 000000142295 SH DEFINED 01 SOLE
JO-ANN STORES INC CL B NON V 47758P208 3,929 000000177400 SH DEFINED 01 SOLE
JOHNSON & JOHNSON COM 478160104 167,052 000003231188 SH DEFINED 01 SOLE
JOHNSON CTLS INC COM 478366107 7,624 000000089068 SH DEFINED 01 SOLE
JONES APPAREL GROUP INC COM 480074103 3,868 000000132211 SH DEFINED 01 SOLE
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NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0KLA-TENCOR CORP COM 482480100 8,863 000000190767 SH DEFINED 01 SOLE
K V PHARMACEUTICAL CO CL B CONV 482740107 1,986 000000070200 SH DEFINED 01 SOLE
KANSAS CITY SOUTHERN COM NEW 485170302 138 000000011500 SH DEFINED 01 SOLE
KB HOME COM 48666K109 3,064 000000049444 SH DEFINED 01 SOLE
KB HOME COM 48666K109 297 000000004700 SH DEFINED 06 SOLE
KELLOGG CO COM 487836108 14,004 000000407471 SH DEFINED 01 SOLE
KERR MCGEE CORP COM 492386107 4,933 000000110122 SH DEFINED 01 SOLE
KEYCORP NEW COM 493267108 11,013 000000435822 SH DEFINED 01 SOLE
KEYSPAN CORP COM 49337W100 5,576 000000157305 SH DEFINED 01 SOLE
KIMBERLY CLARK CORP COM 494368103 26,747 000000512986 SH DEFINED 01 SOLE
KINDER MORGAN INC KANS COM 49455P101 6,670 000000122059 SH DEFINED 01 SOLE
KING PHARMACEUTICALS INC COM 495582108 3,695 000000250389 SH DEFINED 01 SOLE
KNIGHT RIDDER INC COM 499040103 5,729 000000083122 SH DEFINED 01 SOLE
KOHLS CORP COM 500255104 17,724 000000344964 SH DEFINED 01 SOLE
KRAFT FOODS INC CL A 50075N104 92,070 000002828600 SH DEFINED 04 SOLE
KROGER CO COM 501044101 12,597 000000755225 SH DEFINED 01 SOLE
LSI LOGIC CORP COM 502161102 2,655 000000375061 SH DEFINED 01 SOLE
LABORATORY CORP AMER HLDGS NOTE 50540RAC6 28,685 000040833000 SH DEFINED 01 SOLE
LAFARGE NORTH AMERICA INC COM 505862102 203 000000006600 SH DEFINED 01 SOLE
LAMAR ADVERTISING CO NOTE 2.87 512815AG6 427 000000004250 SH DEFINED 01 SOLE
LAMAR ADVERTISING CO CL A 512815101 894 000000025185 SH DEFINED 01 SOLE
LEAR CORP NOTE 521865AG0 13,987 000030000000 SH DEFINED 01 SOLE
LEGGETT & PLATT INC COM 524660107 4,271 000000208383 SH DEFINED 01 SOLE
LEHMAN BROS HLDGS INC COM 524908100 16,183 000000243436 SH DEFINED 01 SOLE
LEHMAN BROS HLDGS INC COM 524908100 6,980 000000105000 SH DEFINED 04 SOLE
LENDINGTREE INC COM 52602Q105 8,422 000000347335 SH DEFINED 01 SOLE
LENNAR CORP CL B 526057302 4,596 000000066900 SH DEFINED 01 SOLE
LEXMARK INTL NEW CL A 529771107 9,104 000000128649 SH DEFINED 01 SOLE
LEXMARK INTL NEW CL A 529771107 204 000000002900 SH DEFINED 06 SOLE
LIBERTY MEDIA CORP NEW COM SER A 530718105 2,144 000000185500 SH DEFINED 01 SOLE
LILLY ELI & CO COM 532457108 77,447 000001122916 SH DEFINED 01 SOLE
LIMITED BRANDS INC COM 532716107 8,087 000000521766 SH DEFINED 01 SOLE
LINCARE HLDGS INC COM 532791100 265 000000008397 SH DEFINED 01 SOLE
LINCOLN NATL CORP IND COM 534187109 6,588 000000184925 SH DEFINED 01 SOLE
LINEAR TECHNOLOGY CORP COM 535678106 11,455 000000353786 SH DEFINED 01 SOLE
LIZ CLAIBORNE INC COM 539320101 3,795 000000107663 SH DEFINED 01 SOLE
LOCKHEED MARTIN CORP COM 539830109 21,489 000000451744 SH DEFINED 01 SOLE
LOEWS CORP COM 540424108 8,774 000000185554 SH DEFINED 01 SOLE
LOUISIANA PAC CORP COM 546347105 1,132 000000104491 SH DEFINED 01 SOLE
LOWES COS INC NOTE 0.86 548661CG0 9,700 000000100000 PRN DEFINED 01 SOLE
LOWES COS INC COM 548661107 33,615 000000782665 SH DEFINED 01 SOLE
LUCENT TECHNOLOGIES INC COM 549463107 8,394 000004135073 SH DEFINED 01 SOLE
MBIA INC COM 55262C100 7,015 000000143911 SH DEFINED 01 SOLE
MBNA CORP COM 55262L100 26,763 000001284256 SH DEFINED 01 SOLE
M D C HLDGS INC COM 552676108 231 000000004800 SH DEFINED 01 SOLE
MGIC INVT CORP WIS COM 552848103 4,781 000000102509 SH DEFINED 01 SOLE
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NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0MAGNA INTL INC CL A 559222401 289 000000004300 SH DEFINED 01 SOLE
MANOR CARE INC NEW COM 564055101 2,363 000000094496 SH DEFINED 01 SOLE
MARATHON OIL CORP COM 565849106 8,582 000000325703 SH DEFINED 01 SOLE
MARATHON OIL CORP COM 565849106 249 000000009500 SH DEFINED 06 SOLE
MARSH & MCLENNAN COS INC COM 571748102 27,385 000000536240 SH DEFINED 01 SOLE
MARSH & MCLENNAN COS INC COM 571748102 14,162 000000277310 SH DEFINED 04 SOLE
MARSHALL & ILSLEY CORP COM 571834100 6,926 000000226516 SH DEFINED 01 SOLE
MARRIOTT INTL INC NEW CL A 571903202 8,933 000000232519 SH DEFINED 01 SOLE
MARRIOTT INTL INC NEW CL A 571903202 4,514 000000117500 SH DEFINED 04 SOLE
MARTHA STEWART LIVING OMNIME CL A 573083102 108 000000011600 SH DEFINED 01 SOLE
MARVEL ENTERPRISES INC COM 57383M108 317 000000016600 SH DEFINED 01 SOLE
MASCO CORP COM 574599106 11,730 000000491856 SH DEFINED 01 SOLE
MATRIXONE INC COM 57685P304 172 000000029500 SH DEFINED 01 SOLE
MATTEL INC COM 577081102 8,635 000000456412 SH DEFINED 01 SOLE
MAXIM INTEGRATED PRODS INC COM 57772K101 12,356 000000362364 SH DEFINED 01 SOLE
MAY DEPT STORES CO COM 577778103 6,653 000000298900 SH DEFINED 01 SOLE
MAYTAG CORP COM 578592107 1,951 000000079902 SH DEFINED 01 SOLE
MCCLATCHY CO CL A 579489105 293 000000005100 SH DEFINED 01 SOLE
MCCORMICK & CO INC COM NON VT 579780206 3,865 000000142125 SH DEFINED 01 SOLE
MCDATA CORP CL B 580031102 6,554 000000452642 SH DEFINED 01 SOLE
MCDERMOTT INTL INC COM 580037109 414 000000065421 SH DEFINED 01 SOLE
MCDONALDS CORP COM 580135101 28,151 000001276152 SH DEFINED 01 SOLE
MCGRAW HILL COS INC COM 580645109 11,889 000000191763 SH DEFINED 01 SOLE
MCKESSON CORP COM 58155Q103 10,341 000000289366 SH DEFINED 01 SOLE
MEADWESTVACO CORP COM 583334107 4,950 000000200410 SH DEFINED 01 SOLE
MEDIACOM COMMUNICATIONS CORP NOTE 5.25 58446KAA3 945 000000010000 PRN DEFINED 01 SOLE
MEDIMMUNE INC COM 584699102 9,343 000000256910 SH DEFINED 01 SOLE
MEDTRONIC INC DBCV 1.25 585055AB2 10,375 000000100000 PRN DEFINED 01 SOLE
MEDTRONIC INC COM 585055106 58,467 000001218843 SH DEFINED 01 SOLE
MELLON FINL CORP COM 58551A108 11,987 000000431998 SH DEFINED 01 SOLE
MERCK & CO INC COM 589331107 140,130 000002314289 SH DEFINED 01 SOLE
MERCK & CO INC COM 589331107 19,678 000000325000 SH DEFINED 04 SOLE
MERCURY INTERACTIVE CORP COM 589405109 4,496 000000115999 SH DEFINED 01 SOLE
MEREDITH CORP COM 589433101 2,186 000000049693 SH DEFINED 01 SOLE
MERRILL LYNCH & CO INC NOTE 590188A65 5,425 000010000000 SH DEFINED 01 SOLE
MERRILL LYNCH & CO INC COM 590188108 43,406 000000929877 SH DEFINED 01 SOLE
METLIFE INC COM 59156R108 21,990 000000776503 SH DEFINED 01 SOLE
MICROSOFT CORP COM 594918104 275,508 000010745265 SH DEFINED 01 SOLE
MICROSOFT CORP COM 594918104 1,503 000000057330 SH DEFINED 02 SOLE
MICROMUSE INC COM 595094103 201 000000025310 SH DEFINED 01 SOLE
MICRON TECHNOLOGY INC COM 595112103 7,145 000000614374 SH DEFINED 01 SOLE
MID-ATLANTIC RLTY TR SH BEN INT 595232109 523 000000025000 SH DEFINED 01 SOLE
MILLENNIUM PHARMACEUTICALS I COM 599902103 211 000000013466 SH DEFINED 01 SOLE
MILLIPORE CORP COM 601073109 2,151 000000048495 SH DEFINED 01 SOLE
MIPS TECHNOLOGIES INC CL B 604567206 2,079 000000841937 SH DEFINED 01 SOLE
MIRANT CORP COM 604675108 1,171 000000403978 SH DEFINED 01 SOLE
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NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0MOHAWK INDS INC COM 608190104 483 000000008700 SH DEFINED 01 SOLE
MOLEX INC COM 608554101 5,162 000000191334 SH DEFINED 01 SOLE
MOLEX INC CL A 608554200 22,410 000000968055 SH DEFINED 01 SOLE
MONSANTO CO NEW COM 61166W101 5,655 000000261343 SH DEFINED 01 SOLE
MONSTER WORLDWIDE INC COM 611742107 3,415 000000173089 SH DEFINED 01 SOLE
MONTEREY BAY BANCORP INC COM 61239H107 1,026 000000039701 SH DEFINED 01 SOLE
MOODYS CORP COM 615369105 7,824 000000148446 SH DEFINED 01 SOLE
MORGAN STANLEY COM NEW 617446448 46,459 000001086768 SH DEFINED 01 SOLE
MORGAN STANLEY COM NEW 617446448 67,545 000001580000 SH DEFINED 04 SOLE
MOTOROLA INC COM 620076109 21,826 000002314614 SH DEFINED 01 SOLE
MOUNTAINBANK FINL CORP COM 62451E103 1,613 000000051100 SH DEFINED 01 SOLE
MYLAN LABS INC COM 628530107 292 000000008300 SH DEFINED 06 SOLE
NCR CORP NEW COM 62886E108 2,481 000000096859 SH DEFINED 01 SOLE
NABORS INDS INC DBCV 629568AF3 5,503 000008500000 SH DEFINED 01 SOLE
NASDAQ 100 TR UNIT SER 1 631100104 360,129 000012024373 SH DEFINED 01 SOLE
NASDAQ 100 TR UNIT SER 1 631100104 15,076 000000502633 SH DEFINED 02 SOLE
NATIONAL CITY CORP COM 635405103 20,446 000000625079 SH DEFINED 01 SOLE
NATIONAL CITY CORP COM 635405103 424 000000013000 SH DEFINED 06 SOLE
NATIONAL SEMICONDUCTOR CORP COM 637640103 4,217 000000213870 SH DEFINED 01 SOLE
NAVISTAR INTL CORP NEW COM 63934E108 2,229 000000068325 SH DEFINED 01 SOLE
NETWORKS ASSOCS INC COM 640938106 202 000000016000 SH DEFINED 01 SOLE
NETWORK APPLIANCE INC COM 64120L104 6,046 000000375998 SH DEFINED 01 SOLE
NEW YORK TIMES CO CL A 650111107 7,077 000000155544 SH DEFINED 01 SOLE
NEWELL RUBBERMAID INC COM 651229106 7,698 000000274934 SH DEFINED 01 SOLE
NEWFIELD EXPL CO COM 651290108 292 000000007800 SH DEFINED 01 SOLE
NEWMONT MINING CORP COM 651639106 13,047 000000401948 SH DEFINED 01 SOLE
NEWS CORP LTD SP ADR PFD 652487802 23,996 000000957926 SH DEFINED 01 SOLE
NEXTEL COMMUNICATIONS INC CL A 65332V103 18,685 000001034072 SH DEFINED 01 SOLE
NEXTEL COMMUNICATIONS INC CL A 65332V103 236 000000012800 SH DEFINED 06 SOLE
NICOR INC COM 654086107 1,631 000000043964 SH DEFINED 01 SOLE
NIKE INC CL B 654106103 14,116 000000263909 SH DEFINED 01 SOLE
NISOURCE INC COM 65473P105 5,615 000000295578 SH DEFINED 01 SOLE
NOKIA CORP SPONSORED 654902204 1,012 000000061600 SH DEFINED 01 SOLE
NORDSTROM INC COM 655664100 2,753 000000141061 SH DEFINED 01 SOLE
NORFOLK SOUTHERN CORP COM 655844108 7,785 000000405496 SH DEFINED 01 SOLE
NORTH FORK BANCORPORATION NY COM 659424105 5,617 000000164927 SH DEFINED 01 SOLE
NORTHERN TR CORP COM 665859104 9,166 000000220347 SH DEFINED 01 SOLE
NORTHROP GRUMMAN CORP COM 666807102 16,215 000000187916 SH DEFINED 01 SOLE
NOVELL INC COM 670006105 1,144 000000368154 SH DEFINED 01 SOLE
NOVELLUS SYS INC COM 670008101 6,181 000000168657 SH DEFINED 01 SOLE
NUCOR CORP COM 670346105 3,835 000000078518 SH DEFINED 01 SOLE
NUCOR CORP COM 670346105 22,417 000000458900 SH DEFINED 04 SOLE
NVIDIA CORP COM 67066G104 3,651 000000159382 SH DEFINED 01 SOLE
OAK TECHNOLOGY INC COM 671802106 2,310 000000373853 SH DEFINED 01 SOLE
OCCIDENTAL PETE CORP DEL COM 674599105 12,811 000000381875 SH DEFINED 01 SOLE
OCCIDENTAL PETE CORP DEL COM 674599105 448 000000013400 SH DEFINED 06 SOLE
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NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0OFFICE DEPOT INC COM 676220106 4,495 000000309854 SH DEFINED 01 SOLE
OMNICOM GROUP INC NOTE 681919AK2 43,336 000043500000 SH DEFINED 01 SOLE
OMNICOM GROUP INC COM 681919106 13,504 000000188350 SH DEFINED 01 SOLE
ON SEMICONDUCTOR CORP COM 682189105 67 000000025000 SH DEFINED 01 SOLE
ORACLE CORP COM 68389X105 64,369 000005359671 SH DEFINED 01 SOLE
ORACLE CORP COM 68389X105 3,603 000000300000 SH DEFINED 04 SOLE
OREGON STL MLS INC COM 686079104 153 000000053100 SH DEFINED 01 SOLE
OWENS ILL INC COM NEW 690768403 240 000000017500 SH DEFINED 01 SOLE
OXFORD HEALTH PLANS INC COM 691471106 378 000000009100 SH DEFINED 06 SOLE
PG&E CORP COM 69331C108 8,647 000000408881 SH DEFINED 01 SOLE
PMC-SIERRA INC COM 69344F106 2,007 000000170694 SH DEFINED 01 SOLE
PNC FINL SVCS GROUP INC COM 693475105 13,817 000000283087 SH DEFINED 01 SOLE
PPG INDS INC COM 693506107 8,607 000000169637 SH DEFINED 01 SOLE
PPL CORP COM 69351T106 7,241 000000168416 SH DEFINED 01 SOLE
PACCAR INC COM 693718108 7,934 000000117113 SH DEFINED 01 SOLE
PACIFIC NORTHWEST BANCORP COM 69466M103 646 000000018600 SH DEFINED 01 SOLE
PACTIV CORP COM 695257105 3,389 000000171988 SH DEFINED 01 SOLE
PALL CORP COM 696429307 2,881 000000128064 SH DEFINED 01 SOLE
PARAMETRIC TECHNOLOGY CORP COM 699173100 798 000000264368 SH DEFINED 01 SOLE
PARKER DRILLING CO COM 701081101 436 000000150000 SH DEFINED 01 SOLE
PARKER HANNIFIN CORP COM 701094104 5,161 000000122921 SH DEFINED 01 SOLE
PATHMARK STORES INC NEW COM 70322A101 88 000000012000 SH DEFINED 01 SOLE
PAYCHEX INC COM 704326107 11,230 000000382117 SH DEFINED 01 SOLE
PAYLESS SHOESOURCE INC COM 704379106 321 000000025700 SH DEFINED 01 SOLE
PENNEY J C INC COM 708160106 5,204 000000308868 SH DEFINED 01 SOLE
PENNEY J C INC COM 708160106 216 000000012700 SH DEFINED 06 SOLE
PEOPLES ENERGY CORP COM 711030106 1,629 000000037999 SH DEFINED 01 SOLE
PEOPLES ENERGY CORP COM 711030106 3,902 000000091000 SH DEFINED 04 SOLE
PEOPLESOFT INC COM 712713106 5,580 000000317807 SH DEFINED 01 SOLE
PEPSI BOTTLING GROUP INC COM 713409100 5,825 000000290990 SH DEFINED 01 SOLE
PEPSICO INC COM 713448108 76,720 000001724062 SH DEFINED 01 SOLE
PERKINELMER INC COM 714046109 1,787 000000129411 SH DEFINED 01 SOLE
PFIZER INC COM 717081103 269,475 000007890940 SH DEFINED 01 SOLE
PFIZER INC COM 717081103 7,683 000000225000 SH DEFINED 04 SOLE
PHELPS DODGE CORP COM 717265102 3,434 000000089592 SH DEFINED 01 SOLE
PILGRIMS PRIDE CORP CL A 721467207 570 000000079500 SH DEFINED 01 SOLE
PINNACLE WEST CAP CORP COM 723484101 3,565 000000095204 SH DEFINED 01 SOLE
PITNEY BOWES INC COM 724479100 8,996 000000234212 SH DEFINED 01 SOLE
PIXELWORKS INC COM 72581M107 273 000000045812 SH DEFINED 01 SOLE
PLAINS EXPL & PRODTN CO L P COM 726505100 769 000000071200 SH DEFINED 01 SOLE
PLUM CREEK TIMBER CO INC COM 729251108 4,742 000000182751 SH DEFINED 01 SOLE
POLYCOM INC COM 73172K104 172 000000011900 SH DEFINED 06 SOLE
POPULAR INC COM 733174106 208 000000005400 SH DEFINED 01 SOLE
PORT FINL CORP COM 734119100 942 000000017500 SH DEFINED 01 SOLE
POWER-ONE INC COM 739308104 588 000000082697 SH DEFINED 01 SOLE
PRAXAIR INC COM 74005P104 9,863 000000164118 SH DEFINED 01 SOLE
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NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0PRICE T ROWE GROUP INC COM 74144T108 4,707 000000124648 SH DEFINED 01 SOLE
PRINCIPAL FINANCIAL GROUP IN COM 74251V102 10,767 000000333881 SH DEFINED 01 SOLE
PRIORITY HEALTHCARE CORP CL B 74264T102 411 000000022100 SH DEFINED 01 SOLE
PROBUSINESS SERVICES INC COM 742674104 486 000000030500 SH DEFINED 01 SOLE
PROCTER & GAMBLE CO COM 742718109 117,269 000001314972 SH DEFINED 01 SOLE
PROCTER & GAMBLE CO COM 742718109 4,391 000000049247 SH DEFINED 04 SOLE
PROGRESS ENERGY INC COM 743263105 11,009 000000250777 SH DEFINED 01 SOLE
PROGRESSIVE CORP OHIO COM 743315103 15,907 000000217608 SH DEFINED 01 SOLE
PROTECTIVE LIFE CORP COM 743674103 222 000000008300 SH DEFINED 01 SOLE
PROTEIN DESIGN LABS INC COM 74369L103 177 000000012500 SH DEFINED 01 SOLE
PROVIDIAN FINL CORP COM 74406A102 5,553 000000599694 SH DEFINED 01 SOLE
PRUDENTIAL FINL INC COM 744320102 18,488 000000549439 SH DEFINED 01 SOLE
PUBLIC SVC ENTERPRISE GROUP COM 744573106 9,800 000000231971 SH DEFINED 01 SOLE
PULTE HOMES INC COM 745867101 3,933 000000063788 SH DEFINED 01 SOLE
QLOGIC CORP COM 747277101 4,568 000000094701 SH DEFINED 01 SOLE
QLOGIC CORP COM 747277101 255 000000005300 SH DEFINED 06 SOLE
QUALCOMM INC COM 747525103 29,941 000000833092 SH DEFINED 01 SOLE
QUEST DIAGNOSTICS INC COM 74834L100 7,293 000000114318 SH DEFINED 01 SOLE
QUINTILES TRANSNATIONAL CORP COM 748767100 4,013 000000283216 SH DEFINED 01 SOLE
QWEST COMMUNICATIONS INTL IN COM 749121109 8,099 000001694472 SH DEFINED 01 SOLE
RFS HOTEL INVS INC COM 74955J108 3,522 000000285900 SH DEFINED 01 SOLE
RPM INTL INC COM 749685103 1,364 000000099200 SH DEFINED 01 SOLE
RADIO ONE INC CL A 75040P108 14,016 000000783484 SH DEFINED 01 SOLE
RADIO ONE INC CL D NON V 75040P405 17,730 000001000000 SH DEFINED 04 SOLE
RADIOSHACK CORP COM 750438103 4,477 000000170194 SH DEFINED 01 SOLE
RAYTHEON CO COM NEW 755111507 13,671 000000416305 SH DEFINED 01 SOLE
RAYTHEON CO COM NEW 755111507 2,122 000000064621 SH DEFINED 04 SOLE
READERS DIGEST ASSN INC COM 755267101 248 000000018400 SH DEFINED 01 SOLE
REEBOK INTL LTD COM 758110100 2,179 000000064796 SH DEFINED 01 SOLE
REGIONS FINL CORP COM 758940100 7,497 000000221948 SH DEFINED 01 SOLE
REGIONAL BK HOLDRS TR DEPOSITRY 75902E100 44,688 000000400000 SH DEFINED 01 SOLE
REPUBLIC SVCS INC COM 760759100 364 000000016100 SH DEFINED 01 SOLE
REYNOLDS R J TOB HLDGS INC COM 76182K105 3,287 000000088350 SH DEFINED 01 SOLE
RIBAPHARM INC COM 762537108 485 000000075300 SH DEFINED 01 SOLE
ROADWAY CORP COM 769742107 332 000000011638 SH DEFINED 01 SOLE
ROBERT HALF INTL INC COM 770323103 3,264 000000172343 SH DEFINED 01 SOLE
ROCKWELL AUTOMATION INC COM 773903109 4,728 000000198350 SH DEFINED 01 SOLE
ROCKWELL COLLINS INC COM 774341101 4,383 000000177969 SH DEFINED 01 SOLE
ROGERS COMMUNICATIONS INC CL B 775109200 160 000000010000 SH DEFINED 01 SOLE
ROHM & HAAS CO COM 775371107 7,211 000000232419 SH DEFINED 01 SOLE
ROWAN COS INC COM 779382100 2,104 000000093950 SH DEFINED 01 SOLE
RYDER SYS INC COM 783549108 1,722 000000067229 SH DEFINED 01 SOLE
SBC COMMUNICATIONS INC COM 78387G103 85,985 000003365370 SH DEFINED 01 SOLE
SBC COMMUNICATIONS INC COM 78387G103 52,225 000002044046 SH DEFINED 04 SOLE
SLM CORP COM 78442P106 17,702 000000451934 SH DEFINED 01 SOLE
SPDR TR UNIT SER 1 78462F103 108,321 000001109506 SH DEFINED 01 SOLE
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NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0S1 CORPORATION COM 78463B101 1,392 000000348000 SH DEFINED 01 SOLE
SPX CORP NOTE 784635AD6 11,046 000017500000 SH DEFINED 01 SOLE
SABRE HLDGS CORP CL A 785905100 3,640 000000147687 SH DEFINED 01 SOLE
SAFECO CORP COM 786429100 5,004 000000141809 SH DEFINED 01 SOLE
SAFEWAY INC COM NEW 786514208 9,096 000000444578 SH DEFINED 01 SOLE
ST FRANCIS CAP CORP COM 789374105 3,202 000000110200 SH DEFINED 01 SOLE
ST JUDE MED INC COM 790849103 10,469 000000182071 SH DEFINED 01 SOLE
ST PAUL COS INC COM 792860108 8,562 000000234522 SH DEFINED 01 SOLE
ST PAUL COS INC COM 792860108 2,807 000000076900 SH DEFINED 04 SOLE
SALIX PHARMACEUTICALS INC COM 795435106 545 000000052500 SH DEFINED 01 SOLE
SANMINA SCI CORP COM 800907107 3,229 000000511051 SH DEFINED 01 SOLE
SANGSTAT MED CORP COM 801003104 157 000000012015 SH DEFINED 01 SOLE
SARA LEE CORP COM 803111103 14,803 000000786996 SH DEFINED 01 SOLE
SARA LEE CORP COM 803111103 254 000000013800 SH DEFINED 06 SOLE
SAVIA S A DE C V SPON ADR R 805175106 1,548 000000737444 SH DEFINED 04 SOLE
SCHERING PLOUGH CORP COM 806605101 27,326 000001469188 SH DEFINED 01 SOLE
SCHERING PLOUGH CORP COM 806605101 10,602 000000570000 SH DEFINED 04 SOLE
SCHLUMBERGER LTD COM 806857108 27,685 000000581988 SH DEFINED 01 SOLE
SCHWAB CHARLES CORP NEW COM 808513105 13,617 000001349611 SH DEFINED 01 SOLE
SCIENTIFIC ATLANTA INC COM 808655104 3,563 000000149491 SH DEFINED 01 SOLE
SEALED AIR CORP NEW COM 81211K100 4,024 000000084451 SH DEFINED 01 SOLE
SEARS ROEBUCK & CO COM 812387108 10,341 000000307423 SH DEFINED 01 SOLE
SEMPRA ENERGY COM 816851109 6,053 000000212183 SH DEFINED 01 SOLE
SEMPRA ENERGY COM 816851109 5,061 000000177400 SH DEFINED 04 SOLE
SEMPRA ENERGY COM 816851109 216 000000007600 SH DEFINED 06 SOLE
SEPRACOR INC COM 817315104 294 000000016400 SH DEFINED 01 SOLE
SHAW GROUP INC NOTE 820280AC9 1,931 000003000000 SH DEFINED 01 SOLE
SHERWIN WILLIAMS CO COM 824348106 3,969 000000147678 SH DEFINED 01 SOLE
SHERWIN WILLIAMS CO COM 824348106 217 000000008100 SH DEFINED 06 SOLE
SIEBEL SYS INC COM 826170102 5,846 000000616505 SH DEFINED 01 SOLE
SIGMA ALDRICH CORP COM 826552101 3,864 000000071140 SH DEFINED 01 SOLE
SILICON VY BANCSHARES COM 827064106 280 000000011800 SH DEFINED 01 SOLE
SIMON PPTY GROUP INC NEW COM 828806109 7,375 000000188976 SH DEFINED 01 SOLE
SINCLAIR BROADCAST GROUP INC CL A 829226109 696 000000060000 SH DEFINED 01 SOLE
SMURFIT-STONE CONTAINER CORP COM 832727101 245 000000018851 SH DEFINED 01 SOLE
SNAP ON INC COM 833034101 1,689 000000058207 SH DEFINED 01 SOLE
SOFTWARE HOLDRS TR DEPOSITRY 83404B103 615 000000019500 SH DEFINED 01 SOLE
SOLECTRON CORP COM 834182107 3,101 000000829332 SH DEFINED 01 SOLE
SONIC CORP COM 835451105 351 000000013836 SH DEFINED 01 SOLE
SONY CORP ADR NEW 835699307 5,600 000000200000 SH DEFINED 04 SOLE
SOUTHERN CO COM 842587107 22,840 000000733006 SH DEFINED 01 SOLE
SOUTHTRUST CORP COM 844730101 9,583 000000354932 SH DEFINED 01 SOLE
SOUTHWEST AIRLS CO COM 844741108 13,415 000000779963 SH DEFINED 01 SOLE
SOVEREIGN BANCORP INC COM 845905108 566 000000036200 SH DEFINED 01 SOLE
SPEECHWORKS INTL INC COM 84764M101 624 000000132907 SH DEFINED 01 SOLE
SPORTS AUTH INC COM 849176102 1,792 000000167500 SH DEFINED 01 SOLE
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NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0SPRINT CORP COM FON GR 852061100 12,940 000000898653 SH DEFINED 01 SOLE
SPRINT CORP COM FON GR 852061100 720 000000050000 SH DEFINED 04 SOLE
SPRINT CORP PCS COM SE 852061506 5,881 000001022899 SH DEFINED 01 SOLE
STANCORP FINL GROUP INC COM 852891100 271 000000005200 SH DEFINED 01 SOLE
STANLEY WKS COM 854616109 2,355 000000085334 SH DEFINED 01 SOLE
STAPLES INC COM 855030102 9,332 000000508603 SH DEFINED 01 SOLE
STAPLES INC COM 855030102 288 000000015600 SH DEFINED 06 SOLE
STARBUCKS CORP COM 855244109 11,110 000000452560 SH DEFINED 01 SOLE
STARWOOD HOTELS&RESORTS WRLD PAIRED CTF 85590A203 5,905 000000206558 SH DEFINED 01 SOLE
STATE STR CORP COM 857477103 13,091 000000332277 SH DEFINED 01 SOLE
STATE STR CORP COM 857477103 1,252 000000031800 SH DEFINED 04 SOLE
STERIS CORP COM 859152100 253 000000011000 SH DEFINED 01 SOLE
STORAGE TECHNOLOGY CORP COM PAR $0 862111200 298 000000011600 SH DEFINED 01 SOLE
STRYKER CORP COM 863667101 13,769 000000198497 SH DEFINED 01 SOLE
SUN MICROSYSTEMS INC COM 866810104 15,030 000003232314 SH DEFINED 01 SOLE
SUNCOR ENERGY INC COM 867229106 264 000000014100 SH DEFINED 01 SOLE
SUNGARD DATA SYS INC COM 867363103 7,471 000000288351 SH DEFINED 01 SOLE
SUNOCO INC COM 86764P109 2,894 000000076705 SH DEFINED 01 SOLE
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SUNTRUST BKS INC COM 867914103 16,868 000000284267 SH DEFINED 01 SOLE
SUPERIOR FINANCIAL CORP DEL COM 868161100 2,737 000000115000 SH DEFINED 01 SOLE
SUPERVALU INC COM 868536103 2,934 000000137628 SH DEFINED 01 SOLE
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SYMBOL TECHNOLOGIES INC COM 871508107 2,998 000000230491 SH DEFINED 01 SOLE
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SYNOVUS FINL CORP COM 87161C105 3,362 000000156400 SH DEFINED 04 SOLE
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SYSCO CORP COM 871829107 13,882 000000462140 SH DEFINED 04 SOLE
TECO ENERGY INC COM 872375100 2,411 000000201099 SH DEFINED 01 SOLE
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TJX COS INC NEW COM 872540109 1,507 000000080000 SH DEFINED 04 SOLE
TXU CORP COM 873168108 7,231 000000322113 SH DEFINED 01 SOLE
TARGET CORP COM 87612E106 34,524 000000912374 SH DEFINED 01 SOLE
TARGET CORP COM 87612E106 1,892 000000050000 SH DEFINED 04 SOLE
TECH DATA CORP SDCV 2.00 878237AC0 4,581 000000050000 PRN DEFINED 01 SOLE
TECUMSEH PRODS CO CL B 878895101 3,698 000000100021 SH DEFINED 01 SOLE
TEKTRONIX INC COM 879131100 1,975 000000091476 SH DEFINED 01 SOLE
TELLABS INC COM 879664100 3,157 000000481387 SH DEFINED 01 SOLE
TEMPLE INLAND INC COM 879868107 2,520 000000058744 SH DEFINED 01 SOLE
TEMPLETON EMERG MKTS INCOME COM 880192109 833 000000068400 SH DEFINED 01 SOLE
TENET HEALTHCARE CORP COM 88033G100 5,581 000000479098 SH DEFINED 01 SOLE
TERADYNE INC COM 880770102 3,212 000000185596 SH DEFINED 01 SOLE
TERRA NETWORKS S A SPONSORED 88100W103 450 000000075000 SH DEFINED 01 SOLE
TEXAS INSTRS INC COM 882508104 30,793 000001749624 SH DEFINED 01 SOLE
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NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0TEXTRON INC COM 883203101 5,455 000000139820 SH DEFINED 01 SOLE
THERMO ELECTRON CORP COM 883556102 3,573 000000169998 SH DEFINED 01 SOLE
THOMAS & BETTS CORP COM 884315102 854 000000059143 SH DEFINED 01 SOLE
3M CO NOTE 88579YAB7 4,318 000005000000 SH DEFINED 01 SOLE
3M CO COM 88579Y101 50,571 000000392091 SH DEFINED 01 SOLE
TIFFANY & CO NEW COM 886547108 4,877 000000149248 SH DEFINED 01 SOLE
TORCHMARK CORP COM 891027104 4,391 000000117901 SH DEFINED 01 SOLE
TOYS R US INC COM 892335100 2,685 000000221557 SH DEFINED 01 SOLE
TRANSACTION SYS ARCHITECTS CL A 893416107 1,239 000000137000 SH DEFINED 01 SOLE
TRANSOCEAN SEDCO FOREX INC DBCV 1.50 893830AD1 24,798 000000255000 PRN DEFINED 01 SOLE
TRAVELERS PPTY CAS CORP NEW CL A 89420G109 1,908 000000120000 SH DEFINED 01 SOLE
TRAVELERS PPTY CAS CORP NEW CL B 89420G406 52,173 000003308406 SH DEFINED 01 SOLE
TRI CONTL CORP COM 895436103 1,245 000000084300 SH DEFINED 01 SOLE
TRIBUNE CO NEW COM 896047107 15,473 000000320357 SH DEFINED 01 SOLE
TRICO MARINE SERVICES INC COM 896106101 500 000000128100 SH DEFINED 01 SOLE
TRITON PCS HLDGS INC CL A 89677M106 353 000000070000 SH DEFINED 01 SOLE
TRIZEC PROPERTIES INC COM 89687P107 961 000000084600 SH DEFINED 04 SOLE
TUPPERWARE CORP COM 899896104 1,003 000000069872 SH DEFINED 01 SOLE
TYCO INTL LTD NEW NOTE 902124AC0 4,948 000006500000 SH DEFINED 01 SOLE
TYCO INTL LTD NEW COM 902124106 37,881 000001995888 SH DEFINED 01 SOLE
TYSON FOODS INC CL A 902494103 130 000000012300 SH DEFINED 01 SOLE
UST INC COM 902911106 6,453 000000184231 SH DEFINED 01 SOLE
US BANCORP DEL COM NEW 902973304 47,027 000001919507 SH DEFINED 01 SOLE
US BANCORP DEL COM NEW 902973304 83,861 000003422900 SH DEFINED 04 SOLE
UNILEVER N V N Y SHS NE 904784709 329 000000006100 SH DEFINED 01 SOLE
UNION PAC CORP COM 907818108 15,109 000000260423 SH DEFINED 01 SOLE
UNION PLANTERS CORP COM 908068109 6,157 000000198446 SH DEFINED 01 SOLE
UNIONBANCAL CORP COM 908906100 219 000000005300 SH DEFINED 01 SOLE
UNISYS CORP COM 909214108 4,038 000000328867 SH DEFINED 01 SOLE
UNIT CORP COM 909218109 217 000000010400 SH DEFINED 01 SOLE
UNITED PARCEL SERVICE INC CL B 911312106 89,347 000001402631 SH DEFINED 01 SOLE
UNITED STATES STL CORP NEW COM 912909108 1,839 000000112397 SH DEFINED 01 SOLE
UNITED TECHNOLOGIES CORP COM 913017109 33,173 000000468354 SH DEFINED 01 SOLE
UNITEDHEALTH GROUP INC COM 91324P102 29,764 000000592324 SH DEFINED 01 SOLE
UNIVERSAL HLTH SVCS INC CL B 913903100 946 000000023900 SH DEFINED 01 SOLE
UNIVISION COMMUNICATIONS INC CL A 914906102 6,968 000000229219 SH DEFINED 01 SOLE
UNOCAL CORP COM 915289102 7,619 000000265575 SH DEFINED 01 SOLE
UNUMPROVIDENT CORP COM 91529Y106 3,904 000000291175 SH DEFINED 01 SOLE
V F CORP COM 918204108 4,173 000000122851 SH DEFINED 01 SOLE
VALASSIS COMMUNICATIONS INC COM 918866104 288 000000011200 SH DEFINED 01 SOLE
VEECO INSTRS INC DEL NOTE 4.12 922417AB6 2,287 000000025000 PRN DEFINED 01 SOLE
VERIDIAN CORP DEL COM 92342R203 3,925 000000112500 SH DEFINED 01 SOLE
VERITY INC COM 92343C106 155 000000012238 SH DEFINED 01 SOLE
VERISIGN INC COM 92343E102 225 000000016372 SH DEFINED 01 SOLE
VERIZON COMMUNICATIONS COM 92343V104 108,518 000002750779 SH DEFINED 01 SOLE
VERIZON COMMUNICATIONS COM 92343V104 5,917 000000150000 SH DEFINED 04 SOLE
1Page 19 03-08-07 10:34:24
0 FORM 13F
INFORMATION TABLE
QUARTER ENDING
06/30/2003
NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0VERITAS SOFTWARE CO COM 923436109 12,673 000000439763 SH DEFINED 01 SOLE
VIACOM INC CL A 925524100 24,332 000000556800 SH DEFINED 01 SOLE
VIACOM INC CL B 925524308 77,754 000001780919 SH DEFINED 01 SOLE
VIACOM INC CL B 925524308 3,929 000000090000 SH DEFINED 04 SOLE
VISTEON CORP COM 92839U107 896 000000130554 SH DEFINED 01 SOLE
VODAFONE GROUP PLC NEW SPONSORED 92857W100 491 000000025000 SH DEFINED 01 SOLE
VULCAN MATLS CO COM 929160109 3,763 000000101519 SH DEFINED 01 SOLE
WACHOVIA CORP 2ND NEW COM 929903102 53,784 000001345970 SH DEFINED 01 SOLE
WAL MART STORES INC COM 931142103 235,018 000004378958 SH DEFINED 01 SOLE
WALGREEN CO COM 931422109 31,209 000001036866 SH DEFINED 01 SOLE
WASHINGTON MUT INC COM 939322103 40,631 000000983803 SH DEFINED 01 SOLE
WASTE MGMT INC DEL COM 94106L109 14,445 000000599638 SH DEFINED 01 SOLE
WATERS CORP COM 941848103 3,686 000000126557 SH DEFINED 01 SOLE
WATSON PHARMACEUTICALS INC COM 942683103 4,394 000000108856 SH DEFINED 01 SOLE
WEATHERFORD INTL INC DBCV 947074AB6 7,620 000012000000 SH DEFINED 01 SOLE
WELLPOINT HEALTH NETWORK NEW COM 94973H108 12,375 000000146798 SH DEFINED 01 SOLE
WELLS FARGO & CO NEW COM 949746101 84,431 000001675237 SH DEFINED 01 SOLE
WENDYS INTL INC COM 950590109 3,640 000000125649 SH DEFINED 01 SOLE
WERNER ENTERPRISES INC COM 950755108 247 000000011675 SH DEFINED 01 SOLE
WESTWOOD ONE INC COM 961815107 407 000000012000 SH DEFINED 01 SOLE
WEYERHAEUSER CO COM 962166104 11,829 000000219057 SH DEFINED 01 SOLE
WHIRLPOOL CORP COM 963320106 4,401 000000069099 SH DEFINED 01 SOLE
WHITMAN ED GROUP INC COM 966524100 1,958 000000127600 SH DEFINED 01 SOLE
WILLIAMS COS INC DEL COM 969457100 4,087 000000517414 SH DEFINED 01 SOLE
WILTEL COMMUNICATNS GROUP IN COM 972487102 2,556 000000171800 SH DEFINED 01 SOLE
WIMM BILL DANN FOODS OJSC SPONSORED 97263M109 203 000000010000 SH DEFINED 01 SOLE
WINN DIXIE STORES INC COM 974280109 1,830 000000148664 SH DEFINED 01 SOLE
WORTHINGTON INDS INC COM 981811102 1,242 000000092755 SH DEFINED 01 SOLE
WRIGLEY WM JR CO COM 982526105 12,696 000000225802 SH DEFINED 01 SOLE
WYETH COM 983024100 60,521 000001328686 SH DEFINED 01 SOLE
XL CAP LTD DBCV 98372PAB4 3,162 000005000000 SH DEFINED 01 SOLE
XCEL ENERGY INC COM 98389B100 5,993 000000398537 SH DEFINED 01 SOLE
XILINX INC COM 983919101 10,075 000000398222 SH DEFINED 01 SOLE
XEROX CORP COM 984121103 8,796 000000830677 SH DEFINED 01 SOLE
YAHOO INC COM 984332106 19,738 000000603638 SH DEFINED 01 SOLE
YELLOW CORP COM 985509108 276 000000011862 SH DEFINED 01 SOLE
YORK INTL CORP NEW COM 986670107 372 000000015900 SH DEFINED 01 SOLE
YOUNG & RUBICAM INC NOTE 3.00 987425AC9 3,980 000000040000 PRN DEFINED 01 SOLE
YUM BRANDS INC COM 988498101 8,639 000000292273 SH DEFINED 01 SOLE
ZIMMER HLDGS INC COM 98956P102 8,845 000000196341 SH DEFINED 01 SOLE
ZIONS BANCORPORATION COM 989701107 4,718 000000093245 SH DEFINED 01 SOLE
ZORAN CORP COM 98975F101 34 000000001800 SH DEFINED 01 SOLE