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, 2004
-----------------------
Check Here if Amendment / /; Amendment Number:
---------
This Amendment (Check only one.): / / is a restatement.
/ / adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Verizon Investment Management Corp.
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Address: 695 Main Street, 6th Floor
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Stamford, Connecticut 06901
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Form 13F File Number: 28-04063
---------------------
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. Raver
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Title: Chief Operating Officer
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Phone: 203 965-3361
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Signature, Place, and Date of Signing:
/s/ Stamford, Connecticut 5/04/04
------------------------------- --------------------- -------------
[Signature] [City, State] [Date]
Report Type (Check only one.):
/ / 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
/X/ 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).)
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 2
--------------------
Form 13F Information Table Entry Total: 1,008
--------------------
Form 13F Information Table Value Total: $5,929,180
--------------------
(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.
GOLDMAN SACHS PRIME BROKERAGE
MELLON FINANCIAL CORPORATION
VERIZON INVESTMENT MANAGEMENT CORP.
FORM 13F - SOLE INSTR V. NONE AUTHORITY
JUNE 30, 2004
FORM 13F INFORMATION TABLE
ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ITEM 6: ITEM 7: ITEM 8:
-------------------- ---------------- --------- ------------ ----------- -------------------- -------- ----------------------------
INV. DISCRETION VOTING AUTHORITY SHARES
-------------------- ----------------------------
(A) (B) (C) (A) (B) (C)
PENSION FAIR SHARES OR SHARED MANAGERS
CUSIP MARKET VALUE PRINCIPAL AS DEF. SHARED SEE
NAME OF ISSUER TITLE OF CLASS NUMBER ($000) AMOUNT SOLE INSTR. V OTHER INSTR.V SOLE SHARED NONE
-------------------- ---------------- --------- ------------ ----------- ---- -------- ------ -------- ------ -------- ------------
ACE LTD ORD G0070K103 1,480 35,005 X 35,005
ACCENTURE LTD BERMUDA CL A G1150G111 594 21,600 X 21,600
COOPER INDS LTD CL A G24182100 3,910 65,807 X 65,807
EVEREST RE GROUP LTD COM G3223R108 209 2,600 X 2,600
GLOBALSANTAFE CORP SHS G3930E101 209 7,900 X 7,900
INGERSOLL-RAND
COMPANYLTD CL A G4776G101 4,864 71,201 X 71,201
IPC HLDGS LTD ORD G4933P101 510 13,800 X 13,800
MARVELL TECHNOLOGY
GROUP LTD ORD G5876H105 665 24,900 X 24,900
NABORS INDUSTRIES LTD SHS G6359F103 1,019 22,541 X 22,541
NOBLE CORPORATION SHS G65422100 441 11,628 X 11,628
SCOTTISH RE GROUP LTD ORD G7885T104 316 13,600 X 13,600
TRANSOCEAN INC ORD G90078109 1,812 62,626 X 62,626
WEATHERFORD
INTERNATIONAL LT COM G95089101 306 6,808 X 6,808
WHITE MTNS INS GROUP
LTD COM G9618E107 612 1,200 X 1,200
XL CAP LTD CL A G98255105 912 12,082 X 12,082
ALCON INC COM SHS H01301102 2,171 27,600 X 27,600
ROYAL CARIBBEAN
CRUISES LTD COM V7780T103 1,354 31,200 X 31,200
A D C
TELECOMMUNICATIONS COM 000886101 576 202,741 X 202,741
AFLAC INC COM 001055102 9,400 230,336 X 230,336
AES CORP COM 00130H105 2,250 226,546 X 226,546
AMR CORP COM 001765106 252 20,833 X 20,833
AT&T CORP COM NEW 001957505 3,204 218,992 X 218,992
AT&T WIRELESS SVCS
INC COM 00209A106 13,328 930,758 X 930,758
ABBOTT LABS COM 002824100 35,869 879,998 X 879,998
ABERCROMBIE & FITCH
CO CL A 002896207 1,918 49,494 X 49,494
ACCREDO HEALTH INC COM 00437V104 419 10,761 X 10,761
ACTIVISION INC NEW COM NEW 004930202 1,269 79,826 X 79,826
ACXIOM CORP COM 005125109 1,012 40,748 X 40,748
ADOBE SYS INC COM 00724F101 7,218 155,225 X 155,225
ADTRAN INC COM 00738A106 445 13,327 X 13,327
ADVANCE AUTO PARTS
INC COM 00751Y106 2,171 49,141 X 49,141
AEROPOSTALE COM 007865108 1,017 37,800 X 37,800
ADVANCED MICRO
DEVICESINC COM 007903107 2,443 153,636 X 153,636
AETNA INC NEW COM 00817Y108 5,909 69,520 X 69,520
AFFILIATED COMPUTER
SERVICES CL A 008190100 4,286 80,956 X 80,956
AFFYMETRIX INC COM 00826T108 414 12,664 X 12,664
AGERE SYS INC CL B 00845V209 775 360,259 X 360,259
AGILENT TECHNOLOGIES
INC COM 00846U101 4,351 148,614 X 148,614
AIR PRODS & CHEMS INC COM 009158106 4,857 92,610 X 92,610
AKAMAI TECHNOLOGIES
INC COM 00971T101 401 22,365 X 22,365
ALBERTO CULVER CO COM 013068101 6,225 124,144 X 124,144
ALBERTSONS INC COM 013104104 3,081 116,082 X 116,082
ALCOA INC COM 013817101 13,054 395,207 X 395,207
ALLEGHANY CORP DEL COM 017175100 5,932 20,670 X 20,670
ALLEGHENY ENERGY INC COM 017361106 340 22,097 X 22,097
ALLERGAN INC COM 018490102 8,279 92,486 X 92,486
ALLETE INC COM 018522102 1,542 46,302 X 46,302
ALLIANCE DATA
SYSTEMSCORP COM 018581108 1,449 34,285 X 34,285
ALLIANT ENERGY CORP COM 018802108 1,302 49,937 X 49,937
ALLIANT TECHSYSTEMS
INC COM 018804104 1,905 30,072 X 30,072
ALLIED WASTE INDS INC COM PAR$.01NEW 019589308 874 66,347 X 66,347
ALLSTATE CORP COM 020002101 18,980 407,738 X 407,738
ALLTEL CORP COM 020039103 10,101 199,541 X 199,541
ALTERA CORP COM 021441100 3,433 154,921 X 154,921
1
ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ITEM 6: ITEM 7: ITEM 8:
-------------------- ---------------- --------- ------------ ----------- -------------------- -------- ----------------------------
INV. DISCRETION VOTING AUTHORITY SHARES
-------------------- ----------------------------
(A) (B) (C) (A) (B) (C)
PENSION FAIR SHARES OR SHARED MANAGERS
CUSIP MARKET VALUE PRINCIPAL AS DEF. SHARED SEE
NAME OF ISSUER TITLE OF CLASS NUMBER ($000) AMOUNT SOLE INSTR. V OTHER INSTR.V SOLE SHARED NONE
-------------------- ---------------- --------- ------------ ----------- ---- -------- ------ -------- ------ -------- ------------
ALTRIA GROUP INC COM 02209S103 50,527 1,009,531 X 1,009,531
AMAZON COM INC COM 023135106 7,176 131,920 X 131,920
AMBAC FINL GROUP INC COM 023139108 5,521 75,183 X 75,183
AMERADA HESS CORP COM 023551104 5,654 71,400 X 71,400
AMEREN CORP COM 023608102 1,604 37,335 X 37,335
AMERICAN CAPITAL
STRATEGIES COM 024937104 215 7,681 X 7,681
AMERICAN EAGLE
OUTFITTERS NE COM 02553E106 383 13,252 X 13,252
AMERICAN ELEC PWR INC COM 025537101 5,015 156,734 X 156,734
AMERICAN EXPRESS CO COM 025816109 35,181 684,724 X 684,724
AMERICAN INTL GROUP
INC COM 026874107 89,351 1,253,526 X 1,253,526
AMERICAN
PHARMACEUTICALS PTN COM 02886P109 521 17,158 X 17,158
AMERICAN PHYSICIANS
CAPITAL COM 028884104 419 18,090 X 18,090
AMERICAN PWR
CONVERSION CORP COM 029066107 1,580 80,410 X 80,410
AMERICAN STD COS INC
DEL COM 029712106 5,847 145,042 X 145,042
AMERICAN TOWER CORP CL A 029912201 744 48,959 X 48,959
AMERISOURCEBERGEN
CORP COM 03073E105 2,393 40,030 X 40,030
AMERITRADE HLDG CORP
NEW COM 03074K100 675 59,444 X 59,444
AMETEK INC NEW COM 031100100 3,277 106,042 X 106,042
AMGEN INC COM 031162100 40,392 740,180 X 740,180
AMKOR TECHNOLOGY INC COM 031652100 166 20,280 X 20,280
AMPHENOL CORP NEW CL A 032095101 1,634 49,026 X 49,026
AMSOUTH
BANCORPORATION COM 032165102 1,347 52,873 X 52,873
AMYLIN
PHARMACEUTICALSINC COM 032346108 449 19,686 X 19,686
ANADARKO PETE CORP COM 032511107 5,513 94,073 X 94,073
ANALOG DEVICES INC COM 032654105 15,153 321,849 X 321,849
ANDREW CORP COM 034425108 1,682 84,058 X 84,058
ANDRX CORP DEL ANDRX GROUP 034553107 509 18,233 X 18,233
ANHEUSER BUSCH COS
INC COM 035229103 23,067 427,162 X 427,162
ANNTAYLOR STORES CORP COM 036115103 884 30,518 X 30,518
ANSYS INC COM 03662Q105 592 12,600 X 12,600
ANTHEM INC COM 03674B104 7,137 79,695 X 79,695
AON CORP COM 037389103 1,293 45,432 X 45,432
APACHE CORP COM 037411105 4,976 114,263 X 114,263
APARTMENT INVT &
MGMTCO CL A 03748R101 424 13,627 X 13,627
APOGENT TECHNOLOGIES
INC COM 03760A101 539 16,830 X 16,830
APOLLO GROUP INC CL A 037604105 10,213 115,671 X 115,671
APOLLO GROUP INC COM UNV PHOENX 037604204 5,689 64,954 X 64,954
APPLE COMPUTER INC COM 037833100 6,404 196,809 X 196,809
APPLEBEES INTL INC COM 037899101 1,859 80,765 X 80,765
APPLERA CORP COM AP BIO GRP 038020103 649 29,854 X 29,854
APPLIED MICRO
CIRCUITSCORP COM 03822W109 357 67,054 X 67,054
APPLIED MATLS INC COM 038222105 20,297 1,034,485 X 1,034,485
APTARGROUP INC COM 038336103 441 10,100 X 10,100
ARAMARK CORP CL B 038521100 655 22,785 X 22,785
ARCH COAL INC COM 039380100 231 6,325 X 6,325
ARCHER DANIELS
MIDLANDCO COM 039483102 1,937 115,461 X 115,461
ARCHSTONE SMITH TR COM 039583109 1,080 36,824 X 36,824
ARROW ELECTRS INC COM 042735100 484 18,065 X 18,065
ASHLAND INC COM 044204105 586 11,105 X 11,105
ASK JEEVES INC COM 045174109 391 10,017 X 10,017
ASSOCIATED BANC CORP COM 045487105 820 27,672 X 27,672
ASTORIA FINL CORP COM 046265104 937 25,617 X 25,617
ATMEL CORP COM 049513104 515 86,947 X 86,947
AUTODESK INC COM 052769106 3,821 89,245 X 89,245
2
ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ITEM 6: ITEM 7: ITEM 8:
-------------------- ---------------- --------- ------------ ----------- -------------------- -------- ----------------------------
INV. DISCRETION VOTING AUTHORITY SHARES
-------------------- ----------------------------
(A) (B) (C) (A) (B) (C)
PENSION FAIR SHARES OR SHARED MANAGERS
CUSIP MARKET VALUE PRINCIPAL AS DEF. SHARED SEE
NAME OF ISSUER TITLE OF CLASS NUMBER ($000) AMOUNT SOLE INSTR. V OTHER INSTR.V SOLE SHARED NONE
-------------------- ---------------- --------- ------------ ----------- ---- -------- ------ -------- ------ -------- ------------
AUTOLIV INC COM 052800109 2,080 49,283 X 49,283
AUTOMATIC DATA
PROCESSING IN COM 053015103 10,894 260,116 X 260,116
AUTONATION INC COM 05329W102 583 34,098 X 34,098
AUTOZONE INC COM 053332102 3,058 38,172 X 38,172
AVALONBAY CMNTYS INC COM 053484101 1,274 22,539 X 22,539
AVAYA INC COM 053499109 2,662 168,615 X 168,615
AVERY DENNISON CORP COM 053611109 2,251 35,161 X 35,161
AVID TECHNOLOGY INC COM 05367P100 629 11,524 X 11,524
AVNET INC COM 053807103 424 18,665 X 18,665
AVOCENT CORP COM 053893103 340 9,265 X 9,265
AVON PRODS INC COM 054303102 20,130 436,271 X 436,271
AZTAR CORP COM 054802103 456 16,300 X 16,300
BB&T CORP COM 054937107 3,063 82,845 X 82,845
BKF CAP GROUP INC COM 05548G102 378 13,000 X 13,000
BJ SVCS CO COM 055482103 3,690 80,490 X 80,490
BOK FINL CORP COM NEW 05561Q201 551 14,031 X 14,031
BP PLC SPONSORED ADR 055622104 4,800 89,600 X 89,600
BMC SOFTWARE INC COM 055921100 2,266 122,469 X 122,469
BAKER HUGHES INC COM 057224107 6,288 167,020 X 167,020
BALL CORP COM 058498106 3,471 48,169 X 48,169
BANK OF AMERICA
CORPORATION COM 060505104 98,778 1,167,316 X 1,167,316
BANK HAWAII CORP COM 062540109 3,703 81,881 X 81,881
BANK NEW YORK INC COM 064057102 3,763 127,655 X 127,655
BANK ONE CORP COM 06423A103 15,840 310,591 X 310,591
BANKNORTH GROUP INC
NEW COM 06646R107 2,094 64,461 X 64,461
BARD C R INC COM 067383109 8,055 142,181 X 142,181
BARNES & NOBLE INC COM 067774109 973 28,625 X 28,625
BARNES GROUP INC COM 067806109 571 19,700 X 19,700
BARR PHARMACEUTICALS
INC COM 068306109 1,431 42,454 X 42,454
BAUSCH & LOMB INC COM 071707103 3,238 49,755 X 49,755
BAXTER INTL INC COM 071813109 7,557 218,973 X 218,973
BEA SYS INC COM 073325102 930 113,196 X 113,196
BEAR STEARNS COS INC COM 073902108 13,822 163,940 X 163,940
BEARINGPOINT INC COM 074002106 115 12,934 X 12,934
BECKMAN COULTER INC COM 075811109 2,959 48,514 X 48,514
BECTON DICKINSON & CO COM 075887109 11,778 227,370 X 227,370
BED BATH & BEYOND INC COM 075896100 5,121 133,190 X 133,190
BELLSOUTH CORP COM 079860102 18,678 712,354 X 712,354
BELO CORP COM SER A 080555105 1,469 54,712 X 54,712
BEMIS INC COM 081437105 1,165 41,222 X 41,222
BERKLEY W R CORP COM 084423102 2,379 55,399 X 55,399
BERKSHIRE HATHAWAY
INCDEL CL A 084670108 8,717 98 X 98
BEST BUY INC COM 086516101 10,873 214,297 X 214,297
BIG LOTS INC COM 089302103 351 24,301 X 24,301
BIOMET INC COM 090613100 3,867 87,024 X 87,024
BIOGEN IDEC INC COM 09062X103 6,335 100,155 X 100,155
BLACK & DECKER CORP COM 091797100 3,176 51,126 X 51,126
BLACKROCK INC CL A 09247X101 1,848 28,945 X 28,945
BLOCK H & R INC COM 093671105 2,575 53,997 X 53,997
BOEING CO COM 097023105 21,400 418,865 X 418,865
BOISE CASCADE CORP COM 097383103 932 24,752 X 24,752
BORDERS GROUP INC COM 099709107 422 17,986 X 17,986
BORG WARNER INC COM 099724106 3,969 90,680 X 90,680
BOSTON BEER INC CL A 100557107 433 21,500 X 21,500
3
ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ITEM 6: ITEM 7: ITEM 8:
-------------------- ---------------- --------- ------------ ----------- -------------------- -------- ----------------------------
INV. DISCRETION VOTING AUTHORITY SHARES
-------------------- ----------------------------
(A) (B) (C) (A) (B) (C)
PENSION FAIR SHARES OR SHARED MANAGERS
CUSIP MARKET VALUE PRINCIPAL AS DEF. SHARED SEE
NAME OF ISSUER TITLE OF CLASS NUMBER ($000) AMOUNT SOLE INSTR. V OTHER INSTR.V SOLE SHARED NONE
-------------------- ---------------- --------- ------------ ----------- ---- -------- ------ -------- ------ -------- ------------
BOSTON PROPERTIES INC COM 101121101 239 4,771 X 4,771
BOSTON SCIENTIFIC
CORP COM 101137107 21,726 507,626 X 507,626
BRIGGS & STRATTON
CORP COM 109043109 973 11,018 X 11,018
BRINKER INTL INC COM 109641100 1,046 30,668 X 30,668
BRINKS CO COM 109696104 392 11,437 X 11,437
BRISTOL MYERS SQUIBB
CO COM 110122108 21,085 860,620 X 860,620
BROADCOM CORP CL A 111320107 4,892 104,969 X 104,969
BROWN & BROWN INC COM 115236101 2,011 46,661 X 46,661
BROWN FORMAN CORP CL B 115637209 2,093 43,368 X 43,368
BRUNSWICK CORP COM 117043109 2,073 50,801 X 50,801
BURLINGTON NORTHN
SANTA FE C COM 12189T104 7,857 224,036 X 224,036
BURLINGTON RES INC COM 122014103 7,057 195,058 X 195,058
C D W CORP COM 12512N105 2,531 39,697 X 39,697
C H ROBINSON
WORLDWIDEINC COM 12541W100 1,132 24,705 X 24,705
CIGNA CORP COM 125509109 3,893 56,575 X 56,575
CIT GROUP INC COM 125581108 5,791 151,241 X 151,241
CMS ENERGY CORP COM 125896100 124 13,533 X 13,533
CNF INC COM 12612W104 212 5,107 X 5,107
CSX CORP COM 126408103 1,947 59,424 X 59,424
CVS CORP COM 126650100 10,126 240,977 X 240,977
CABLEVISION SYS CORP CL A NY CABLVS 12686C109 1,313 66,827 X 66,827
CABOT CORP COM 127055101 513 12,600 X 12,600
CADENCE DESIGN
SYSTEMINC COM 127387108 572 39,074 X 39,074
CAESARS ENTMT INC COM 127687101 267 17,774 X 17,774
CALPINE CORP COM 131347106 264 61,020 X 61,020
CAMDEN PPTY TR SH BEN INT 133131102 366 8,001 X 8,001
CAMPBELL SOUP CO COM 134429109 1,785 66,409 X 66,409
CAPITAL ONE FINL CORP COM 14040H105 9,267 135,527 X 135,527
CAPITALSOURCE INC COM 14055X102 330 13,480 X 13,480
CARDINAL HEALTH INC COM 14149Y108 14,818 211,537 X 211,537
CAREER EDUCATION CORP COM 141665109 3,609 79,224 X 79,224
CAREMARK RX INC COM 141705103 5,114 155,242 X 155,242
CARLISLE COS INC COM 142339100 504 8,097 X 8,097
CARMAX INC COM 143130102 513 23,462 X 23,462
CARNIVAL CORP PAIRED CTF 143658300 2,593 55,166 X 55,166
CATELLUS DEV CORP NEW COM 149113102 768 31,168 X 31,168
CATERPILLAR INC DEL COM 149123101 15,452 194,513 X 194,513
CELGENE CORP COM 151020104 1,480 25,849 X 25,849
CENDANT CORP COM 151313103 17,614 719,523 X 719,523
CENTERPOINT ENERGY
INC COM 15189T107 813 70,653 X 70,653
CENTEX CORP COM 152312104 2,993 65,418 X 65,418
CENTURYTEL INC COM 156700106 1,840 61,247 X 61,247
CEPHALON INC COM 156708109 635 11,756 X 11,756
CERIDIAN CORP NEW COM 156779100 807 35,867 X 35,867
CERTEGY INC COM 156880106 517 13,332 X 13,332
CHAMPION ENTERPRISES
INC COM 158496109 189 20,600 X 20,600
CHARLES RIV LABS
INTLINC COM 159864107 717 14,667 X 14,667
CHARTER ONE FINL INC COM 160903100 1,439 32,569 X 32,569
CHECKFREE CORP NEW COM 162813109 564 18,809 X 18,809
CHEESECAKE FACTORY
INC COM 163072101 432 10,858 X 10,858
CHELSEA PPTY GROUP
INC COM 163421100 912 13,983 X 13,983
CHESAPEAKE ENERGY
CORP COM 165167107 585 39,712 X 39,712
CHEVRONTEXACO CORP COM 166764100 44,706 475,037 X 475,037
CHICAGO MERCANTILE
HLDGS INC CL A 167760107 8,131 56,322 X 56,322
4
ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ITEM 6: ITEM 7: ITEM 8:
-------------------- ---------------- --------- ------------ ----------- -------------------- -------- ----------------------------
INV. DISCRETION VOTING AUTHORITY SHARES
-------------------- ----------------------------
(A) (B) (C) (A) (B) (C)
PENSION FAIR SHARES OR SHARED MANAGERS
CUSIP MARKET VALUE PRINCIPAL AS DEF. SHARED SEE
NAME OF ISSUER TITLE OF CLASS NUMBER ($000) AMOUNT SOLE INSTR. V OTHER INSTR.V SOLE SHARED NONE
-------------------- ---------------- --------- ------------ ----------- ---- -------- ------ -------- ------ -------- ------------
CHICOS FAS INC COM 168615102 2,614 57,883 X 57,883
CHOICE HOTELS INTL
INC COM 169905106 1,178 23,481 X 23,481
CHIRON CORP COM 170040109 2,325 52,094 X 52,094
CHOICEPOINT INC COM 170388102 3,101 67,926 X 67,926
CHUBB CORP COM 171232101 5,010 73,475 X 73,475
CHURCH & DWIGHT INC COM 171340102 513 11,201 X 11,201
CIENA CORP COM 171779101 313 84,547 X 84,547
CINCINNATI FINL CORP COM 172062101 1,733 39,832 X 39,832
CINERGY CORP COM 172474108 3,209 84,441 X 84,441
CIRCUIT CITY STORE
INC COM 172737108 682 52,678 X 52,678
CISCO SYS INC COM 17275R102 102,368 4,319,306 X 4,319,306
CINTAS CORP COM 172908105 3,441 72,182 X 72,182
CITIGROUP INC COM 172967101 126,337 2,716,915 X 2,716,915
CITIZENS
COMMUNICATIONS CO COM 17453B101 500 41,350 X 41,350
CITRIX SYS INC COM 177376100 1,533 75,288 X 75,288
CITY NATL CORP COM 178566105 1,364 20,767 X 20,767
CLAIRES STORES INC COM 179584107 1,529 70,454 X 70,454
CLARCOR INC COM 179895107 1,260 27,500 X 27,500
CLEAR CHANNEL
COMMUNICATIONS COM 184502102 6,892 186,535 X 186,535
CLOROX CO DEL COM 189054109 4,179 77,704 X 77,704
COACH INC COM 189754104 10,305 228,039 X 228,039
COCA COLA CO COM 191216100 70,415 1,394,904 X 1,394,904
COCA COLA
ENTERPRISESINC COM 191219104 5,228 180,322 X 180,322
COGNIZANT TECHNOLOGY
SOLUTIO CL A 192446102 2,881 113,370 X 113,370
COLGATE PALMOLIVE CO COM 194162103 11,956 204,551 X 204,551
COLUMBIA SPORTSWEAR
CO COM 198516106 669 12,252 X 12,252
COMCAST CORP NEW CL A 20030N101 15,043 535,322 X 535,322
COMCAST CORP NEW CL A SPL 20030N200 2,087 75,600 X 75,600
COMERICA INC COM 200340107 3,175 57,862 X 57,862
COMMERCE BANCORP INC
NJ COM 200519106 3,046 55,367 X 55,367
COMMUNITY HEALTH SYS
INC NEW COM 203668108 352 13,135 X 13,135
COMPASS BANCSHARES
INC COM 20449H109 377 8,778 X 8,778
COMPUTER ASSOC INTL
INC COM 204912109 8,635 307,747 X 307,747
COMPUTER SCIENCES
CORP COM 205363104 5,967 128,523 X 128,523
COMPUWARE CORP COM 205638109 366 55,514 X 55,514
COMVERSE TECHNOLOGY
INC COM PAR $0.10 205862402 1,033 51,822 X 51,822
CONAGRA FOODS INC COM 205887102 4,194 154,861 X 154,861
CONEXANT SYSTEMS INC COM 207142100 298 68,901 X 68,901
CONOCOPHILLIPS COM 20825C104 39,332 515,558 X 515,558
CONSOL ENERGY INC COM 20854P109 1,186 32,944 X 32,944
CONSOLIDATED EDISON
INC COM 209115104 2,425 60,998 X 60,998
CONSTELLATION BRANDS
INC CL A 21036P108 2,213 59,589 X 59,589
CONSTELLATION ENERGY
GROUP I COM 210371100 2,974 78,459 X 78,459
CONVERGYS CORP COM 212485106 339 22,006 X 22,006
COOPER CAMERON CORP COM 216640102 459 9,419 X 9,419
COOPER COS INC COM NEW 216648402 429 6,789 X 6,789
COORS ADOLPH CO CL B 217016104 1,540 21,291 X 21,291
COPART INC COM 217204106 370 13,846 X 13,846
CORINTHIAN COLLEGES
INC COM 218868107 468 18,901 X 18,901
CORN PRODS INTL INC COM 219023108 2,002 43,000 X 43,000
CORNING INC COM 219350105 10,689 818,471 X 818,471
CORPORATE EXECUTIVE
BRD CO COM 21988R102 2,273 39,333 X 39,333
COSTCO WHSL CORP NEW COM 22160K105 8,332 202,324 X 202,324
COUNTRYWIDE
FINANCIALCORP COM 222372104 17,654 251,309 X 251,309
5
ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ITEM 6: ITEM 7: ITEM 8:
-------------------- ---------------- --------- ------------ ----------- -------------------- -------- ----------------------------
INV. DISCRETION VOTING AUTHORITY SHARES
-------------------- ----------------------------
(A) (B) (C) (A) (B) (C)
PENSION FAIR SHARES OR SHARED MANAGERS
CUSIP MARKET VALUE PRINCIPAL AS DEF. SHARED SEE
NAME OF ISSUER TITLE OF CLASS NUMBER ($000) AMOUNT SOLE INSTR. V OTHER INSTR.V SOLE SHARED NONE
-------------------- ---------------- --------- ------------ ----------- ---- -------- ------ -------- ------ -------- ------------
COVANCE INC COM 222816100 1,607 41,657 X 41,657
COVENTRY HEALTH CARE
INC COM 222862104 6,368 130,227 X 130,227
COX COMMUNICATIONS
INCNEW CL A 224044107 972 34,993 X 34,993
CRANE CO COM 224399105 636 20,249 X 20,249
CREE INC COM 225447101 360 15,553 X 15,553
CROWN CASTLE INTL
CORP COM 228227104 461 31,259 X 31,259
CUMMINS INC COM 231021106 3,908 62,531 X 62,531
CURTISS WRIGHT CORP COM 231561101 1,394 24,800 X 24,800
CYPRESS
SEMICONDUCTORCORP COM 232806109 367 25,857 X 25,857
CYTEC INDS INC COM 232820100 377 8,300 X 8,300
CYTYC CORP COM 232946103 1,372 54,066 X 54,066
DPL INC COM 233293109 1,171 60,314 X 60,314
D R HORTON INC COM 23331A109 932 32,817 X 32,817
DST SYS INC DEL COM 233326107 3,428 71,275 X 71,275
DTE ENERGY CO COM 233331107 4,231 104,363 X 104,363
DADE BEHRING HLDGS
INC COM 23342J206 383 8,054 X 8,054
DANA CORP COM 235811106 1,747 89,143 X 89,143
DANAHER CORP DEL COM 235851102 8,867 171,017 X 171,017
DARDEN RESTAURANTS
INC COM 237194105 930 45,254 X 45,254
DAVITA INC COM 23918K108 1,355 43,961 X 43,961
DEAN FOODS CO NEW COM 242370104 2,406 64,484 X 64,484
DEERE & CO COM 244199105 8,196 116,854 X 116,854
DEL MONTE FOODS CO COM 24522P103 107 10,570 X 10,570
DELL INC COM 24702R101 69,699 1,945,821 X 1,945,821
DELPHI CORP COM 247126105 816 76,407 X 76,407
DELTA AIR LINES INC
DEL COM 247361108 76 10,731 X 10,731
DELUXE CORP COM 248019101 1,323 30,409 X 30,409
DENTSPLY INTL INC NEW COM 249030107 2,661 51,079 X 51,079
DEVELOPERS
DIVERSIFIEDRLTY COM 251591103 1,768 49,984 X 49,984
DEVON ENERGY CORP NEW COM 25179M103 6,978 105,732 X 105,732
DEVRY INC DEL COM 251893103 342 12,462 X 12,462
DIAGNOSTIC PRODS CORP COM 252450101 277 6,300 X 6,300
DIAMOND OFFSHORE
DRILLING IN COM 25271C102 269 11,307 X 11,307
DIEBOLD INC COM 253651103 941 17,795 X 17,795
DILLARDS INC CL A 254067101 801 35,941 X 35,941
DIRECTV GROUP INC COM 25459L106 3,887 227,334 X 227,334
DISNEY WALT CO COM DISNEY 254687106 30,704 1,204,559 X 1,204,559
DOLLAR GEN CORP COM 256669102 3,129 159,958 X 159,958
DOLLAR TREE STORES
INC COM 256747106 1,224 44,606 X 44,606
DOMINION RES INC VA
NEW COM 25746U109 7,557 119,807 X 119,807
DONALDSON INC COM 257651109 2,684 91,615 X 91,615
DONNELLEY R R & SONS
CO COM 257867101 2,705 81,925 X 81,925
DORAL FINL CORP COM 25811P100 1,602 46,444 X 46,444
DOVER CORP COM 260003108 2,978 70,731 X 70,731
DOW CHEM CO COM 260543103 16,459 404,409 X 404,409
DOW JONES & CO INC COM 260561105 1,283 28,457 X 28,457
DU PONT E I DE
NEMOURS& CO COM 263534109 16,160 363,803 X 363,803
DUKE ENERGY CORP COM 264399106 7,894 389,067 X 389,067
DUKE REALTY CORP COM NEW 264411505 268 8,414 X 8,414
DUN & BRADSTREET
CORPDEL NE COM 26483E100 2,847 52,804 X 52,804
DUQUESNE LT HLDGS INC COM 266233105 301 15,600 X 15,600
DYNEGY INC NEW CL A 26816Q101 208 48,867 X 48,867
EGL INC COM 268484102 202 7,600 X 7,600
E M C CORP MASS COM 268648102 13,913 1,220,472 X 1,220,472
6
ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ITEM 6: ITEM 7: ITEM 8:
-------------------- ---------------- --------- ------------ ----------- -------------------- -------- ----------------------------
INV. DISCRETION VOTING AUTHORITY SHARES
-------------------- ----------------------------
(A) (B) (C) (A) (B) (C)
PENSION FAIR SHARES OR SHARED MANAGERS
CUSIP MARKET VALUE PRINCIPAL AS DEF. SHARED SEE
NAME OF ISSUER TITLE OF CLASS NUMBER ($000) AMOUNT SOLE INSTR. V OTHER INSTR.V SOLE SHARED NONE
-------------------- ---------------- --------- ------------ ----------- ---- -------- ------ -------- ------ -------- ------------
ENSCO INTL INC COM 26874Q100 757 26,017 X 26,017
ENI S P A SPONSORED ADR 26874R108 1,575 15,700 X 15,700
EOG RES INC COM 26875P101 3,173 53,139 X 53,139
E TRADE FINANCIAL
CORP COM 269246104 942 84,494 X 84,494
EAGLE MATERIALS INC COM 26969P108 340 4,787 X 4,787
EASTMAN CHEM CO COM 277432100 1,697 36,708 X 36,708
EASTMAN KODAK CO COM 277461109 1,352 50,095 X 50,095
EATON CORP COM 278058102 5,844 90,273 X 90,273
EATON VANCE CORP COM NON VTG 278265103 728 19,054 X 19,054
EBAY INC COM 278642103 36,679 398,901 X 398,901
ECHOSTAR
COMMUNICATIONS NEW CL A 278762109 1,973 64,148 X 64,148
ECOLAB INC COM 278865100 4,850 153,006 X 153,006
EDISON INTL COM 281020107 5,157 201,679 X 201,679
EDUCATION MGMT CORP COM 28139T101 504 15,332 X 15,332
EDWARDS LIFESCIENCES
CORP COM 28176E108 490 14,058 X 14,058
EL PASO CORP COM 28336L109 1,111 140,997 X 140,997
ELECTRONIC ARTS INC COM 285512109 11,140 204,220 X 204,220
ELECTRONIC DATA SYS
NEW COM 285661104 2,986 155,925 X 155,925
EMERSON ELEC CO COM 291011104 10,618 167,075 X 167,075
ENCANA CORP COM 292505104 345 8,000 X 8,000
ENDO PHARMACEUTICALS
HLDGS I COM 29264F205 231 9,833 X 9,833
ENERGEN CORP COM 29265N108 1,353 28,200 X 28,200
ENERGY EAST CORP COM 29266M109 981 40,470 X 40,470
ENERGIZER HLDGS INC COM 29266R108 938 20,843 X 20,843
ENGELHARD CORP COM 292845104 1,337 41,380 X 41,380
ENGINEERED SUPPORT
SYSINC COM 292866100 1,720 29,400 X 29,400
ENTERCOM
COMMUNICATIONS CORP CL A 293639100 230 6,173 X 6,173
ENTERGY CORP NEW COM 29364G103 8,942 159,643 X 159,643
EON LABS INC COM 29412E100 1,268 30,981 X 30,981
EQUIFAX INC COM 294429105 865 34,936 X 34,936
EQUITABLE RES INC COM 294549100 2,503 48,413 X 48,413
EQUITY OFFICE
PROPERTIES TRU COM 294741103 3,706 136,237 X 136,237
EQUITY RESIDENTIAL SH BEN INT 29476L107 1,252 42,109 X 42,109
EVERGREEN RES INC COM NO PAR 299900308 983 24,333 X 24,333
EXELON CORP COM 30161N101 7,983 239,805 X 239,805
EXPEDITORS INTL WASH
INC COM 302130109 2,943 59,557 X 59,557
EXPRESSJET HOLDINGS
INC CL A 30218U108 126 10,400 X 10,400
EXPRESS SCRIPTS INC COM 302182100 2,386 30,119 X 30,119
EXXON MOBIL CORP COM 30231G102 136,732 3,078,847 X 3,078,847
FLIR SYS INC COM 302445101 387 7,047 X 7,047
FMC TECHNOLOGIES INC COM 30249U101 1,756 60,987 X 60,987
FPL GROUP INC COM 302571104 4,499 70,359 X 70,359
FACTSET RESH SYS INC COM 303075105 1,192 25,209 X 25,209
FAIR ISAAC CORP COM 303250104 1,197 35,863 X 35,863
FAIRCHILD
SEMICONDUCTOR INTL COM 303726103 277 16,897 X 16,897
FAMILY DLR STORES INC COM 307000109 2,326 76,465 X 76,465
FASTENAL CO COM 311900104 1,771 31,169 X 31,169
FEDERAL HOME LN MTG
CORP COM 313400301 19,229 303,780 X 303,780
FEDERAL NATL MTG ASSN COM 313586109 43,145 604,613 X 604,613
FEDERATED DEPT
STORESINC DE COM 31410H101 8,935 181,968 X 181,968
FEDERATED INVS INC PA CL B 314211103 952 31,387 X 31,387
FEDEX CORP COM 31428X106 13,412 164,176 X 164,176
FIDELITY NATL FINL
INC COM 316326107 1,110 29,738 X 29,738
FIFTH THIRD BANCORP COM 316773100 9,263 172,242 X 172,242
7
ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ITEM 6: ITEM 7: ITEM 8:
-------------------- ---------------- --------- ------------ ----------- -------------------- -------- ----------------------------
INV. DISCRETION VOTING AUTHORITY SHARES
-------------------- ----------------------------
(A) (B) (C) (A) (B) (C)
PENSION FAIR SHARES OR SHARED MANAGERS
CUSIP MARKET VALUE PRINCIPAL AS DEF. SHARED SEE
NAME OF ISSUER TITLE OF CLASS NUMBER ($000) AMOUNT SOLE INSTR. V OTHER INSTR.V SOLE SHARED NONE
-------------------- ---------------- --------- ------------ ----------- ---- -------- ------ -------- ------ -------- ------------
FIRST BANCORP P R COM 318672102 1,190 29,200 X 29,200
FIRST DATA CORP COM 319963104 21,549 484,040 X 484,040
FIRST HORIZON NATL
CORP COM 320517105 3,365 74,014 X 74,014
FIRST MARBLEHEAD CORP COM 320771108 1,578 39,185 X 39,185
FIRST MIDWEST
BANCORPDEL COM 320867104 838 23,800 X 23,800
FISERV INC COM 337738108 4,274 109,896 X 109,896
FIRSTENERGY CORP COM 337932107 5,103 136,396 X 136,396
FISHER SCIENTIFIC
INTLINC COM NEW 338032204 775 13,416 X 13,416
FLORIDA ROCK INDS INC COM 341140101 1,108 26,266 X 26,266
FLUOR CORP NEW COM 343412102 2,428 50,928 X 50,928
FLOWERS FOODS INC COM 343498101 303 11,600 X 11,600
FOOT LOCKER INC COM 344849104 1,183 48,594 X 48,594
FORD MTR CO DEL COM PAR $0.01 345370860 9,784 625,183 X 625,183
FOREST LABS INC COM 345838106 12,239 216,130 X 216,130
FORTUNE BRANDS INC COM 349631101 7,418 98,347 X 98,347
FOSSIL INC COM 349882100 225 8,264 X 8,264
FOUNDRY NETWORKS INC COM 35063R100 502 35,708 X 35,708
FOX ENTMT GROUP INC CL A 35138T107 3,372 126,276 X 126,276
FRANKLIN RES INC COM 354613101 2,230 44,528 X 44,528
FREEPORT-MCMORAN
COPPER & GO CL B 35671D857 2,393 72,194 X 72,194
FREMONT GEN CORP COM 357288109 255 14,444 X 14,444
FRIEDMAN BILLINGS
RAMSEY GRO CL A 358434108 751 37,962 X 37,962
GATX CORP COM 361448103 400 14,700 X 14,700
GALLAGHER ARTHUR J &
CO COM 363576109 1,798 59,057 X 59,057
GALLAHER GROUP PLC SPONSORED ADR 363595109 213 4,400 X 4,400
GANNETT INC COM 364730101 10,378 122,315 X 122,315
GAP INC DEL COM 364760108 9,094 375,001 X 375,001
GATEWAY INC COM 367626108 127 28,190 X 28,190
GAYLORD ENTMT CO NEW COM 367905106 530 16,900 X 16,900
GEN-PROBE INC NEW COM 36866T103 488 10,309 X 10,309
GEMSTAR-TV GUIDE
INTLINC COM 36866W106 138 28,797 X 28,797
GENCORP INC COM 368682100 138 10,300 X 10,300
GENENTECH INC COM NEW 368710406 9,383 166,951 X 166,951
GENERAL DYNAMICS CORP COM 369550108 9,358 94,237 X 94,237
GENERAL ELEC CO COM 369604103 159,620 4,926,545 X 4,926,545
GENERAL GROWTH PPTYS
INC COM 370021107 5,341 180,630 X 180,630
GENERAL MLS INC COM 370334104 3,545 74,579 X 74,579
GENERAL MTRS CORP COM 370442105 14,105 302,744 X 302,744
GENTEX CORP COM 371901109 809 20,390 X 20,390
GENUINE PARTS CO COM 372460105 5,183 130,615 X 130,615
GENWORTH FINL INC COM CL A 37247D106 262 11,434 X 11,434
GENZYME CORP COM GENL DIV 372917104 3,791 80,090 X 80,090
GEORGIA PAC CORP COM 373298108 5,514 149,111 X 149,111
GETTY IMAGES INC COM 374276103 2,684 44,739 X 44,739
GILEAD SCIENCES INC COM 375558103 7,773 116,017 X 116,017
GILLETTE CO COM 375766102 20,806 490,713 X 490,713
GLOBAL PMTS INC COM 37940X102 264 5,854 X 5,854
GOLDEN WEST FINL
CORPDEL COM 381317106 9,767 91,839 X 91,839
GOLDMAN SACHS GROUP
INC COM 38141G104 19,212 204,032 X 204,032
GOODRICH CORP COM 382388106 2,300 71,128 X 71,128
GOODYEAR TIRE & RUBR
CO COM 382550101 139 15,250 X 15,250
GRACO INC COM 384109104 1,557 50,147 X 50,147
GRAINGER W W INC COM 384802104 3,353 58,315 X 58,315
GRANT PRIDECO INC COM 38821G101 824 44,610 X 44,610
8
ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ITEM 6: ITEM 7: ITEM 8:
-------------------- ---------------- --------- ------------ ----------- -------------------- -------- ----------------------------
INV. DISCRETION VOTING AUTHORITY SHARES
-------------------- ----------------------------
(A) (B) (C) (A) (B) (C)
PENSION FAIR SHARES OR SHARED MANAGERS
CUSIP MARKET VALUE PRINCIPAL AS DEF. SHARED SEE
NAME OF ISSUER TITLE OF CLASS NUMBER ($000) AMOUNT SOLE INSTR. V OTHER INSTR.V SOLE SHARED NONE
-------------------- ---------------- --------- ------------ ----------- ---- -------- ------ -------- ------ -------- ------------
GREAT LAKES CHEM CORP COM 390568103 371 13,698 X 13,698
GREAT PLAINS ENERGY
INC COM 391164100 1,637 55,105 X 55,105
GREENPOINT FINL CORP COM 395384100 319 8,045 X 8,045
GREIF INC CL A 397624107 653 15,460 X 15,460
GTECH HLDGS CORP COM 400518106 807 17,432 X 17,432
GUIDANT CORP COM 401698105 11,981 214,412 X 214,412
HCA INC COM 404119109 6,367 153,091 X 153,091
HCC INS HLDGS INC COM 404132102 525 15,714 X 15,714
HNI CORP COM 404251100 2,167 51,182 X 51,182
HRPT PPTYS TR COM SH BEN INT 40426W101 103 10,250 X 10,250
HALLIBURTON CO COM 406216101 7,442 245,936 X 245,936
HARLEY DAVIDSON INC COM 412822108 18,141 292,884 X 292,884
HARMAN INTL INDS INC COM 413086109 5,590 61,432 X 61,432
HARRAHS ENTMT INC COM 413619107 1,837 33,962 X 33,962
HARRIS CORP DEL COM 413875105 802 15,802 X 15,802
HARSCO CORP COM 415864107 475 10,114 X 10,114
HARTE-HANKS INC COM 416196103 459 18,817 X 18,817
HARTFORD FINL SVCS
GROUP INC COM 416515104 12,493 181,749 X 181,749
HASBRO INC COM 418056107 457 24,075 X 24,075
HAWAIIAN ELEC
INDUSTRIES COM 419870100 361 13,846 X 13,846
HEALTH MGMT ASSOC
INCNEW CL A 421933102 1,676 74,734 X 74,734
HEALTH NET INC COM 42222G108 374 14,126 X 14,126
HEARST-ARGYLE
TELEVISION INC COM 422317107 317 12,280 X 12,280
HEINZ H J CO COM 423074103 4,751 121,204 X 121,204
HELMERICH & PAYNE INC COM 423452101 233 8,900 X 8,900
HENRY JACK & ASSOC
INC COM 426281101 529 26,304 X 26,304
HERCULES INC COM 427056106 157 12,886 X 12,886
HERSHEY FOODS CORP COM 427866108 2,600 56,202 X 56,202
HEWLETT PACKARD CO COM 428236103 31,734 1,503,995 X 1,503,995
HIBERNIA CORP CL A 428656102 1,251 51,471 X 51,471
HILLENBRAND INDS INC COM 431573104 768 12,701 X 12,701
HILTON HOTELS CORP COM 432848109 1,964 105,259 X 105,259
HOME DEPOT INC COM 437076102 54,263 1,541,551 X 1,541,551
HONEYWELL INTL INC COM 438516106 11,501 313,990 X 313,990
HORMEL FOODS CORP COM 440452100 840 27,006 X 27,006
HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 1,015 23,985 X 23,985
HOSPIRA INC COM 441060100 1,220 44,221 X 44,221
HOST MARRIOTT CORP
NEW COM 44107P104 230 18,611 X 18,611
HOVNANIAN
ENTERPRISESINC CL A 442487203 201 5,798 X 5,798
HUBBELL INC CL B 443510201 813 17,413 X 17,413
HUDSON CITY BANCORP COM 443683107 3,011 90,044 X 90,044
HUDSON UNITED BANCORP COM 444165104 716 19,194 X 19,194
HUGHES SUPPLY INC COM 444482103 223 3,779 X 3,779
HUMANA INC COM 444859102 727 42,998 X 42,998
HUNT J B TRANS SVCS
INC COM 445658107 1,492 38,671 X 38,671
HUNTINGTON
BANCSHARESINC COM 446150104 762 33,158 X 33,158
IDT CORP CL B 448947309 217 11,757 X 11,757
ICOS CORP COM 449295104 208 6,985 X 6,985
IMS HEALTH INC COM 449934108 2,012 85,847 X 85,847
ISTAR FINL INC COM 45031U101 254 6,362 X 6,362
ITT EDUCATIONAL
SERVICES INC COM 45068B109 364 9,581 X 9,581
ITT INDS INC IND COM 450911102 8,455 101,863 X 101,863
IDEX CORP COM 45167R104 618 18,000 X 18,000
IDEXX LABS INC COM 45168D104 458 7,278 X 7,278
9
ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ITEM 6: ITEM 7: ITEM 8:
-------------------- ---------------- --------- ------------ ----------- -------------------- -------- ----------------------------
INV. DISCRETION VOTING AUTHORITY SHARES
-------------------- ----------------------------
(A) (B) (C) (A) (B) (C)
PENSION FAIR SHARES OR SHARED MANAGERS
CUSIP MARKET VALUE PRINCIPAL AS DEF. SHARED SEE
NAME OF ISSUER TITLE OF CLASS NUMBER ($000) AMOUNT SOLE INSTR. V OTHER INSTR.V SOLE SHARED NONE
-------------------- ---------------- --------- ------------ ----------- ---- -------- ------ -------- ------ -------- ------------
IKON OFFICE
SOLUTIONSINC COM 451713101 446 38,898 X 38,898
ILLINOIS TOOL WKS INC COM 452308109 14,534 151,570 X 151,570
IMCLONE SYS INC COM 45245W109 1,994 23,244 X 23,244
INAMED CORP COM 453235103 1,793 28,534 X 28,534
INDEPENDENCE CMNTY
BKCORP COM 453414104 338 9,296 X 9,296
INDYMAC BANCORP INC COM 456607100 239 7,566 X 7,566
INGRAM MICRO INC CL A 457153104 390 26,971 X 26,971
INTEGRATED CIRCUIT
SYSINC COM 45811K208 788 29,012 X 29,012
INTEL CORP COM 458140100 123,028 4,457,543 X 4,457,543
INTERACTIVECORP COM 45840Q101 1,706 56,614 X 56,614
INTERNATIONAL
BANCSHARES COR COM 459044103 1,158 28,562 X 28,562
INTERNATIONAL
BUSINESSMACHS COM 459200101 77,742 881,924 X 881,924
INTERNATIONAL
FLAVORS&FRAGRA COM 459506101 903 24,144 X 24,144
INTERNATIONAL
GAME TECHNOLOG COM 459902102 7,085 183,542 X 183,542
INTL PAPER CO COM 460146103 8,470 189,482 X 189,482
INTERNATIONAL
RECTIFIER CORP COM 460254105 779 18,816 X 18,816
INTERNATIONAL
SPEEDWAYCORP CL A 460335201 2,362 48,564 X 48,564
INTERSIL CORP CL A 46069S109 396 18,292 X 18,292
INTERPUBLIC GROUP
COSINC COM 460690100 1,389 101,170 X 101,170
INTUIT COM 461202103 2,829 73,319 X 73,319
INVITROGEN CORP COM 46185R100 2,591 35,998 X 35,998
INVESTORS FINL
SERVICES CORP COM 461915100 604 13,855 X 13,855
IRON MTN INC PA COM 462846106 2,003 41,500 X 41,500
ISHARES TR RUSSELL1000GRW 464287614 26,021 543,800 X 543,800
IVAX CORP COM 465823102 771 32,159 X 32,159
JDS UNIPHASE CORP COM 46612J101 1,689 445,695 X 445,695
J P MORGAN CHASE & CO COM 46625H100 32,042 826,457 X 826,457
JABIL CIRCUIT INC COM 466313103 1,427 56,655 X 56,655
JACOBS ENGR GROUP
INCDEL COM 469814107 950 24,134 X 24,134
JANUS CAP GROUP INC COM 47102X105 571 34,653 X 34,653
JEFFERSON PILOT CORP COM 475070108 4,675 92,018 X 92,018
JETBLUE AWYS CORP COM 477143101 1,543 52,534 X 52,534
JOHNSON & JOHNSON COM 478160104 116,315 2,088,235 X 2,088,235
JOHNSON CTLS INC COM 478366107 8,786 164,585 X 164,585
JONES APPAREL GROUP
INC COM 480074103 4,986 126,301 X 126,301
JUNIPER NETWORKS INC COM 48203R104 3,896 158,565 X 158,565
KLA-TENCOR CORP COM 482480100 2,852 57,754 X 57,754
KB HOME COM 48666K109 1,222 17,802 X 17,802
KEANE INC COM 486665102 218 15,900 X 15,900
KELLOGG CO COM 487836108 4,640 110,862 X 110,862
KERR MCGEE CORP COM 492386107 1,426 26,520 X 26,520
KEYCORP NEW COM 493267108 3,645 121,931 X 121,931
KEYSPAN CORP COM 49337W100 894 24,347 X 24,347
KIMBERLY CLARK CORP COM 494368103 13,532 205,407 X 205,407
KIMCO REALTY CORP COM 49446R109 4,205 92,418 X 92,418
KINDER MORGAN INC
KANS COM 49455P101 3,266 55,081 X 55,081
KINETIC CONCEPTS INC COM NEW 49460W208 259 5,181 X 5,181
KING PHARMACEUTICALS
INC COM 495582108 400 34,929 X 34,929
KMART HLDG
CORPORATION COM 498780105 1,883 26,231 X 26,231
KNIGHT RIDDER INC COM 499040103 3,289 45,674 X 45,674
KOHLS CORP COM 500255104 4,445 105,121 X 105,121
KRAFT FOODS INC CL A 50075N104 1,018 32,132 X 32,132
KROGER CO COM 501044101 4,255 233,792 X 233,792
LSI LOGIC CORP COM 502161102 620 81,308 X 81,308
10
ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ITEM 6: ITEM 7: ITEM 8:
-------------------- ---------------- --------- ------------ ----------- -------------------- -------- ----------------------------
INV. DISCRETION VOTING AUTHORITY SHARES
-------------------- ----------------------------
(A) (B) (C) (A) (B) (C)
PENSION FAIR SHARES OR SHARED MANAGERS
CUSIP MARKET VALUE PRINCIPAL AS DEF. SHARED SEE
NAME OF ISSUER TITLE OF CLASS NUMBER ($000) AMOUNT SOLE INSTR. V OTHER INSTR.V SOLE SHARED NONE
-------------------- ---------------- --------- ------------ ----------- ---- -------- ------ -------- ------ -------- ------------
L-3 COMMUNICATIONS
HLDGS INC COM 502424104 4,332 64,856 X 64,856
LABORATORY CORP
AMER HLDGS COM NEW 50540R409 1,131 28,491 X 28,491
LAFARGE NORTH
AMERICAINC COM 505862102 585 13,510 X 13,510
LAM RESEARCH CORP COM 512807108 1,106 41,286 X 41,286
LAMAR ADVERTISING CO CL A 512815101 642 14,807 X 14,807
LANCASTER COLONY CORP COM 513847103 604 14,500 X 14,500
LAUDER ESTEE COS INC CL A 518439104 4,018 82,369 X 82,369
LAUREATE EDUCATION
INC COM 518613104 245 6,419 X 6,419
LEAR CORP COM 521865105 4,170 70,686 X 70,686
LEE ENTERPRISES INC COM 523768109 3,231 67,300 X 67,300
LEGGETT & PLATT INC COM 524660107 1,037 38,820 X 38,820
LEGG MASON INC COM 524901105 6,035 66,307 X 66,307
LEHMAN BROS HLDGS INC COM 524908100 10,621 141,141 X 141,141
LENNAR CORP CL A 526057104 1,344 30,047 X 30,047
LEUCADIA NATL CORP COM 527288104 1,949 39,220 X 39,220
LEVEL 3
COMMUNICATIONSINC COM 52729N100 504 143,698 X 143,698
LEXAR MEDIA INC COM 52886P104 83 12,500 X 12,500
LEXMARK INTL NEW CL A 529771107 9,882 102,372 X 102,372
LIBERTY MEDIA CORP
NEW COM SER A 530718105 6,945 772,574 X 772,574
LIBERTY MEDIA INTL
INC COM SER A 530719103 1,612 43,454 X 43,454
LIFEPOINT HOSPITALS
INC COM 53219L109 986 26,500 X 26,500
LILLY ELI & CO COM 532457108 48,079 687,734 X 687,734
LIMITED BRANDS INC COM 532716107 2,578 137,871 X 137,871
LINCARE HLDGS INC COM 532791100 721 21,939 X 21,939
LINCOLN NATL CORP IND COM 534187109 1,707 36,137 X 36,137
LINEAR TECHNOLOGY
CORP COM 535678106 7,735 195,973 X 195,973
LIZ CLAIBORNE INC COM 539320101 1,313 36,486 X 36,486
LOCKHEED MARTIN CORP COM 539830109 3,635 69,791 X 69,791
LOEWS CORP COM 540424108 5,757 96,022 X 96,022
LONGS DRUG STORES
CORP COM 543162101 430 18,000 X 18,000
LOUISIANA PAC CORP COM 546347105 802 33,891 X 33,891
LOWES COS INC COM 548661107 25,735 489,723 X 489,723
LUBRIZOL CORP COM 549271104 501 13,684 X 13,684
LUCENT TECHNOLOGIES
INC COM 549463107 6,286 1,662,947 X 1,662,947
LYONDELL CHEMICAL CO COM 552078107 597 34,303 X 34,303
M & T BK CORP COM 55261F104 4,702 53,865 X 53,865
MBIA INC COM 55262C100 3,493 61,155 X 61,155
MBNA CORP COM 55262L100 13,347 517,516 X 517,516
M D C HLDGS INC COM 552676108 575 9,037 X 9,037
MDU RES GROUP INC COM 552690109 542 22,551 X 22,551
MEMC ELECTR MATLS INC COM 552715104 157 15,937 X 15,937
MGIC INVT CORP WIS COM 552848103 5,043 66,479 X 66,479
MGI PHARMA INC COM 552880106 1,925 71,261 X 71,261
MGM MIRAGE COM 552953101 243 5,171 X 5,171
MSC INDL DIRECT INC CL A 553530106 1,575 47,972 X 47,972
MACROMEDIA INC COM 556100105 356 14,482 X 14,482
MANDALAY RESORT GROUP COM 562567107 1,540 22,439 X 22,439
MANOR CARE INC NEW COM 564055101 1,225 37,472 X 37,472
MANPOWER INC COM 56418H100 1,469 28,929 X 28,929
MANULIFE FINL CORP COM 56501R106 1,449 35,789 X 35,789
MARATHON OIL CORP COM 565849106 9,341 246,850 X 246,850
MARKEL CORP COM 570535104 738 2,660 X 2,660
MARSH & MCLENNAN COS
INC COM 571748102 10,265 226,206 X 226,206
MARSHALL & ILSLEY
CORP COM 571834100 1,861 47,616 X 47,616
11
ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ITEM 6: ITEM 7: ITEM 8:
-------------------- ---------------- --------- ------------ ----------- -------------------- -------- ----------------------------
INV. DISCRETION VOTING AUTHORITY SHARES
-------------------- ----------------------------
(A) (B) (C) (A) (B) (C)
PENSION FAIR SHARES OR SHARED MANAGERS
CUSIP MARKET VALUE PRINCIPAL AS DEF. SHARED SEE
NAME OF ISSUER TITLE OF CLASS NUMBER ($000) AMOUNT SOLE INSTR. V OTHER INSTR.V SOLE SHARED NONE
-------------------- ---------------- --------- ------------ ----------- ---- -------- ------ -------- ------ -------- ------------
MARRIOTT INTL INC NEW CL A 571903202 2,909 58,326 X 58,326
MARTEK BIOSCIENCES
CORP COM 572901106 306 5,443 X 5,443
MARVEL ENTERPRISES
INC COM 57383M108 291 14,911 X 14,911
MASCO CORP COM 574599106 4,437 142,315 X 142,315
MASSEY ENERGY CORP COM 576206106 245 8,687 X 8,687
MATTEL INC COM 577081102 2,088 114,392 X 114,392
MAXIM INTEGRATED
PRODSINC COM 57772K101 12,779 243,776 X 243,776
MAXTOR CORP COM NEW 577729205 293 44,188 X 44,188
MAY DEPT STORES CO COM 577778103 1,673 60,862 X 60,862
MAYTAG CORP COM 578592107 441 17,993 X 17,993
MCCLATCHY CO CL A 579489105 856 12,199 X 12,199
MCCORMICK & CO INC COM NON VTG 579780206 2,255 66,338 X 66,338
MCDONALDS CORP COM 580135101 19,055 732,898 X 732,898
MCGRAW HILL COS INC COM 580645109 6,269 81,878 X 81,878
MCKESSON CORP COM 58155Q103 2,777 80,903 X 80,903
MEADWESTVACO CORP COM 583334107 1,641 55,827 X 55,827
MEDCO HEALTH
SOLUTIONSINC COM 58405U102 5,141 137,097 X 137,097
MEDIA GEN INC CL A 584404107 1,785 27,794 X 27,794
MEDICIS
PHARMACEUTICALCORP CL A NEW 584690309 1,260 31,550 X 31,550
MEDIMMUNE INC COM 584699102 2,336 99,866 X 99,866
MEDTRONIC INC COM 585055106 26,144 536,618 X 536,618
MELLON FINL CORP COM 58551A108 2,731 93,116 X 93,116
MERCANTILE
BANKSHARESCORP COM 587405101 214 4,567 X 4,567
MERCK & CO INC COM 589331107 65,680 1,382,730 X 1,382,730
MERCURY INTERACTIVE
CORP COM 589405109 2,667 53,526 X 53,526
MEREDITH CORP COM 589433101 1,533 27,892 X 27,892
MERRILL LYNCH & CO
INC COM 590188108 21,115 391,162 X 391,162
METLIFE INC COM 59156R108 7,348 204,971 X 204,971
METRO GOLDWYN MAYER
INC COM 591610100 581 47,993 X 47,993
METTLER TOLEDO
INTERNATIONAL COM 592688105 313 6,371 X 6,371
MICHAELS STORES INC COM 594087108 1,733 31,504 X 31,504
MICROSOFT CORP COM 594918104 174,875 6,123,058 X 6,123,058
MICROCHIP TECHNOLOGY
INC COM 595017104 2,066 65,512 X 65,512
MICRON TECHNOLOGY INC COM 595112103 1,955 127,718 X 127,718
MILLENNIUM
PHARMACEUTICALS I COM 599902103 585 42,408 X 42,408
MILLER HERMAN INC COM 600544100 437 15,088 X 15,088
MILLIPORE CORP COM 601073109 821 14,572 X 14,572
MILLS CORP COM 601148109 300 6,422 X 6,422
MODINE MFG CO COM 607828100 564 17,700 X 17,700
MOHAWK INDS INC COM 608190104 1,111 15,154 X 15,154
MOLEX INC COM 608554101 1,342 41,822 X 41,822
MONSANTO CO NEW COM 61166W101 7,714 200,369 X 200,369
MONSTER WORLDWIDE INC COM 611742107 795 30,916 X 30,916
MOODYS CORP COM 615369105 4,908 75,902 X 75,902
MOOG INC CL A 615394202 343 9,250 X 9,250
MORGAN STANLEY COM NEW 617446448 20,504 388,552 X 388,552
MOTOROLA INC COM 620076109 23,153 1,268,670 X 1,268,670
MURPHY OIL CORP COM 626717102 3,709 50,327 X 50,327
MYLAN LABS INC COM 628530107 3,561 175,853 X 175,853
NBTY INC COM 628782104 336 11,426 X 11,426
NCR CORP NEW COM 62886E108 2,281 45,998 X 45,998
NII HLDGS INC CL B NEW 62913F201 483 14,335 X 14,335
NTL INC DEL COM 62940M104 794 13,787 X 13,787
NVR INC COM 62944T105 547 1,129 X 1,129
12
ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ITEM 6: ITEM 7: ITEM 8:
-------------------- ---------------- --------- ------------ ----------- -------------------- -------- ----------------------------
INV. DISCRETION VOTING AUTHORITY SHARES
-------------------- ----------------------------
(A) (B) (C) (A) (B) (C)
PENSION FAIR SHARES OR SHARED MANAGERS
CUSIP MARKET VALUE PRINCIPAL AS DEF. SHARED SEE
NAME OF ISSUER TITLE OF CLASS NUMBER ($000) AMOUNT SOLE INSTR. V OTHER INSTR.V SOLE SHARED NONE
-------------------- ---------------- --------- ------------ ----------- ---- -------- ------ -------- ------ -------- ------------
NATIONAL CITY CORP COM 635405103 15,194 434,000 X 434,000
NATIONAL COMMERCE
FINLCORP COM 63545P104 383 11,797 X 11,797
NATIONAL FUEL GAS CO
NJ COM 636180101 385 15,381 X 15,381
NATIONAL HEALTH INVS
INC COM 63633D104 1,333 49,030 X 49,030
NATIONAL INSTRS CORP COM 636518102 345 11,253 X 11,253
NATIONAL-OILWELL INC COM 637071101 419 13,320 X 13,320
NATIONAL
SEMICONDUCTORCORP COM 637640103 3,773 171,565 X 171,565
NATIONWIDE FINL SVCS
INC CL A 638612101 984 26,161 X 26,161
NAVISTAR INTL CORP
NEW COM 63934E108 817 21,088 X 21,088
NEIMAN MARCUS GROUP
INC CL A 640204202 2,342 42,091 X 42,091
NEKTAR THERAPEUTICS COM 640268108 349 17,507 X 17,507
NETWORKS ASSOCS INC COM 640938106 709 39,109 X 39,109
NETFLIX COM INC COM 64110L106 263 7,316 X 7,316
NETWORK APPLIANCE INC COM 64120L104 4,500 209,006 X 209,006
NEUROCRINE
BIOSCIENCESINC COM 64125C109 395 7,616 X 7,616
NEW YORK CMNTY
BANCORPINC COM 649445103 380 19,367 X 19,367
NEW YORK TIMES CO CL A 650111107 1,884 42,129 X 42,129
NEWALLIANCE
BANCSHARESINC COM 650203102 263 18,805 X 18,805
NEWELL RUBBERMAID INC COM 651229106 1,035 44,050 X 44,050
NEWFIELD EXPL CO COM 651290108 414 7,427 X 7,427
NEWMONT MINING CORP COM 651639106 6,420 165,641 X 165,641
NEWS CORP LTD SP ADR PFD 652487802 296 9,003 X 9,003
NEXTEL
COMMUNICATIONSINC CL A 65332V103 12,821 480,925 X 480,925
NEXTEL PARTNERS INC CL A 65333F107 625 39,290 X 39,290
NICOR INC COM 654086107 742 21,830 X 21,830
NIKE INC CL B 654106103 12,021 158,689 X 158,689
NISOURCE INC COM 65473P105 1,282 62,189 X 62,189
NOKIA CORP SPONSORED ADR 654902204 1,181 81,200 X 81,200
NOBLE ENERGY INC COM 655044105 396 7,757 X 7,757
NORDSTROM INC COM 655664100 2,459 57,705 X 57,705
NORFOLK SOUTHERN CORP COM 655844108 4,755 179,311 X 179,311
NORTEL NETWORKS CORP
NEW COM 656568102 2,994 600,000 X 600,000
NORTH FORK
BANCORPORATION NY COM 659424105 1,330 34,942 X 34,942
NORTHERN TR CORP COM 665859104 1,901 44,953 X 44,953
NORTHROP GRUMMAN CORP COM 666807102 11,181 208,215 X 208,215
NOVELL INC COM 670006105 946 112,740 X 112,740
NOVELLUS SYS INC COM 670008101 1,211 38,525 X 38,525
NUCOR CORP COM 670346105 3,001 39,095 X 39,095
NVIDIA CORP COM 67066G104 1,007 49,212 X 49,212
OGE ENERGY CORP COM 670837103 689 27,066 X 27,066
OSI PHARMACEUTICALS
INC COM 671040103 602 8,540 X 8,540
OCCIDENTAL PETE CORP
DEL COM 674599105 19,912 411,313 X 411,313
OFFICE DEPOT INC COM 676220106 975 54,442 X 54,442
OLD REP INTL CORP COM 680223104 1,612 67,971 X 67,971
OMNICARE INC COM 681904108 2,362 55,179 X 55,179
OMNICOM GROUP INC COM 681919106 10,042 132,320 X 132,320
ORACLE CORP COM 68389X105 32,116 2,692,036 X 2,692,036
O REILLY AUTOMOTIVE
INC COM 686091109 1,695 37,507 X 37,507
OSHKOSH TRUCK CORP COM 688239201 391 6,826 X 6,826
OUTBACK STEAKHOUSE
INC COM 689899102 2,060 49,800 X 49,800
OVERSEAS SHIPHOLDING
GROUP I COM 690368105 1,421 32,200 X 32,200
OXFORD HEALTH PLANS
INC COM 691471106 1,260 22,886 X 22,886
PG&E CORP COM 69331C108 6,256 223,897 X 223,897
PMC-SIERRA INC COM 69344F106 744 51,839 X 51,839
13
ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ITEM 6: ITEM 7: ITEM 8:
-------------------- ---------------- --------- ------------ ----------- -------------------- -------- ----------------------------
INV. DISCRETION VOTING AUTHORITY SHARES
-------------------- ----------------------------
(A) (B) (C) (A) (B) (C)
PENSION FAIR SHARES OR SHARED MANAGERS
CUSIP MARKET VALUE PRINCIPAL AS DEF. SHARED SEE
NAME OF ISSUER TITLE OF CLASS NUMBER ($000) AMOUNT SOLE INSTR. V OTHER INSTR.V SOLE SHARED NONE
-------------------- ---------------- --------- ------------ ----------- ---- -------- ------ -------- ------ -------- ------------
PMI GROUP INC COM 69344M101 2,930 67,330 X 67,330
PNC FINL SVCS GROUP
INC COM 693475105 4,102 77,271 X 77,271
PPG INDS INC COM 693506107 3,867 61,885 X 61,885
PPL CORP COM 69351T106 3,844 83,752 X 83,752
PACCAR INC COM 693718108 4,716 81,329 X 81,329
PACIFIC SUNWEAR
CALIFINC COM 694873100 503 25,666 X 25,666
PACIFICARE HEALTH
SYSDEL COM 695112102 752 19,460 X 19,460
PACTIV CORP COM 695257105 1,428 57,247 X 57,247
PALL CORP COM 696429307 571 21,815 X 21,815
PAR PHARMACEUTICAL
COSINC COM 69888P106 761 21,600 X 21,600
PARAMETRIC
TECHNOLOGYCORP COM 699173100 116 23,162 X 23,162
PARKER HANNIFIN CORP COM 701094104 1,510 25,391 X 25,391
PATINA OIL & GAS CORP COM 703224105 663 22,182 X 22,182
PATTERSON DENTAL CO COM 703412106 2,312 30,228 X 30,228
PATTERSON UTI ENERGY
INC COM 703481101 1,220 36,508 X 36,508
PAYCHEX INC COM 704326107 6,374 188,129 X 188,129
PEABODY ENERGY CORP COM 704549104 605 10,798 X 10,798
PENNEY J C INC COM 708160106 3,535 93,606 X 93,606
PENTAIR INC COM 709631105 814 24,199 X 24,199
PEOPLES ENERGY CORP COM 711030106 467 11,089 X 11,089
PEOPLESOFT INC COM 712713106 1,117 60,402 X 60,402
PEPSI BOTTLING GROUP
INC COM 713409100 2,639 86,410 X 86,410
PEPSICO INC COM 713448108 53,030 984,227 X 984,227
PERKINELMER INC COM 714046109 1,237 61,727 X 61,727
PETCO ANIMAL SUPPLIES COM NEW 716016209 278 8,640 X 8,640
PETSMART INC COM 716768106 982 30,255 X 30,255
PFIZER INC COM 717081103 167,877 4,897,221 X 4,897,221
PHARMACEUTICAL PROD
DEV INC COM 717124101 319 10,026 X 10,026
PHELPS DODGE CORP COM 717265102 2,539 32,753 X 32,753
PIER 1 IMPORTS INC COM 720279108 198 11,165 X 11,165
PILGRIMS PRIDE CORP COM 721467108 763 26,373 X 26,373
PINNACLE WEST CAP
CORP COM 723484101 5,792 143,391 X 143,391
PIONEER NAT RES CO COM 723787107 286 8,144 X 8,144
PITNEY BOWES INC COM 724479100 4,175 94,352 X 94,352
PIXAR COM 725811103 2,655 38,191 X 38,191
PLANTRONICS INC NEW COM 727493108 1,578 37,478 X 37,478
PLUM CREEK TIMBER CO
INC COM 729251108 870 26,716 X 26,716
POGO PRODUCING CO COM 730448107 1,287 26,060 X 26,060
POLARIS INDS INC COM 731068102 1,349 28,101 X 28,101
POLO RALPH LAUREN
CORP CL A 731572103 1,839 53,393 X 53,393
POLYCOM INC COM 73172K104 403 17,966 X 17,966
POPULAR INC COM 733174106 1,416 33,096 X 33,096
PRAXAIR INC COM 74005P104 6,136 153,744 X 153,744
PRECISION CASTPARTS
CORP COM 740189105 3,717 67,973 X 67,973
PRICE T ROWE GROUP
INC COM 74144T108 2,588 51,350 X 51,350
PRIDE INTL INC DEL COM 74153Q102 251 14,694 X 14,694
PRINCIPAL FINANCIAL
GROUP IN COM 74251V102 2,459 70,711 X 70,711
PROCTER & GAMBLE CO COM 742718109 96,519 1,772,949 X 1,772,949
PROGRESS ENERGY INC COM 743263105 2,182 49,532 X 49,532
PROGRESSIVE CORP OHIO COM 743315103 5,771 67,657 X 67,657
PROLOGIS SH BEN INT 743410102 928 28,192 X 28,192
PROTECTIVE LIFE CORP COM 743674103 2,808 72,608 X 72,608
PROVIDENT FINL GROUP
INC COM 743866105 334 8,458 X 8,458
PROVIDIAN FINL CORP COM 74406A102 871 59,364 X 59,364
14
ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ITEM 6: ITEM 7: ITEM 8:
-------------------- ---------------- --------- ------------ ----------- -------------------- -------- ----------------------------
INV. DISCRETION VOTING AUTHORITY SHARES
-------------------- ----------------------------
(A) (B) (C) (A) (B) (C)
PENSION FAIR SHARES OR SHARED MANAGERS
CUSIP MARKET VALUE PRINCIPAL AS DEF. SHARED SEE
NAME OF ISSUER TITLE OF CLASS NUMBER ($000) AMOUNT SOLE INSTR. V OTHER INSTR.V SOLE SHARED NONE
-------------------- ---------------- --------- ------------ ----------- ---- -------- ------ -------- ------ -------- ------------
PRUDENTIAL FINL INC COM 744320102 7,400 159,253 X 159,253
PUBLIC SVC
ENTERPRISEGROUP COM 744573106 2,513 62,770 X 62,770
PUBLIC STORAGE INC COM 74460D109 218 4,734 X 4,734
PULTE HOMES INC COM 745867101 3,999 76,856 X 76,856
QLOGIC CORP COM 747277101 1,297 48,760 X 48,760
QUALCOMM INC COM 747525103 45,455 622,842 X 622,842
QUEST DIAGNOSTICS INC COM 74834L100 2,533 29,815 X 29,815
QUESTAR CORP COM 748356102 2,992 77,444 X 77,444
QWEST COMMUNICATIONS
INTL IN COM 749121109 1,267 353,012 X 353,012
RADIAN GROUP INC COM 750236101 3,703 77,310 X 77,310
RADIO ONE INC CL D NON VTG 75040P405 169 10,559 X 10,559
RADIOSHACK CORP COM 750438103 1,469 51,312 X 51,312
RAMBUS INC DEL COM 750917106 322 18,176 X 18,176
RAYONIER INC COM 754907103 743 16,716 X 16,716
RAYTHEON CO COM NEW 755111507 3,217 89,933 X 89,933
REALTY INCOME CORP COM 756109104 726 17,400 X 17,400
RED HAT INC COM 756577102 1,459 63,520 X 63,520
REEBOK INTL LTD COM 758110100 432 11,997 X 11,997
REGENCY CTRS CORP COM 758849103 484 11,278 X 11,278
REGIS CORP MINN COM 758932107 865 19,394 X 19,394
REGIONS FINL CORP COM 758940100 3,153 86,261 X 86,261
REINSURANCE GROUP
AMERINC COM 759351109 459 11,288 X 11,288
RELIANT ENERGY INC COM 75952B105 186 17,135 X 17,135
RENAL CARE GROUP INC COM 759930100 1,570 47,395 X 47,395
RENT A CTR INC NEW COM 76009N100 379 12,674 X 12,674
REPUBLIC SVCS INC COM 760759100 1,612 55,714 X 55,714
RESMED INC COM 761152107 361 7,086 X 7,086
RESPIRONICS INC COM 761230101 814 13,849 X 13,849
REYNOLDS & REYNOLDS
CO CL A 761695105 1,840 79,571 X 79,571
REYNOLDS R J TOB
HLDGSINC COM 76182K105 2,613 38,663 X 38,663
RITE AID CORP COM 767754104 435 83,422 X 83,422
ROBERT HALF INTL INC COM 770323103 2,533 85,088 X 85,088
ROCKWELL AUTOMATION
INC COM 773903109 3,826 102,011 X 102,011
ROCKWELL COLLINS INC COM 774341101 2,338 70,158 X 70,158
ROHM & HAAS CO COM 775371107 1,971 47,394 X 47,394
ROPER INDS INC NEW COM 776696106 402 7,070 X 7,070
ROSS STORES INC COM 778296103 2,346 87,668 X 87,668
ROUSE CO COM 779273101 1,617 34,052 X 34,052
ROWAN COS INC COM 779382100 901 37,022 X 37,022
RUBY TUESDAY INC COM 781182100 531 19,351 X 19,351
RYDER SYS INC COM 783549108 802 20,016 X 20,016
SBC COMMUNICATIONS
INC COM 78387G103 35,365 1,458,341 X 1,458,341
SEI INVESTMENTS CO COM 784117103 610 21,007 X 21,007
SLM CORP COM 78442P106 7,027 173,714 X 173,714
SPX CORP COM 784635104 237 5,095 X 5,095
SABRE HLDGS CORP CL A 785905100 782 28,230 X 28,230
SAFECO CORP COM 786429100 1,294 29,400 X 29,400
SAFEWAY INC COM NEW 786514208 4,546 179,400 X 179,400
ST JOE CO COM 790148100 1,611 40,589 X 40,589
ST JUDE MED INC COM 790849103 11,284 149,162 X 149,162
ST PAUL TRAVELERS INC COM 792860108 7,157 176,542 X 176,542
SANDISK CORP COM 80004C101 2,858 131,775 X 131,775
SANMINA SCI CORP COM 800907107 1,778 195,374 X 195,374
SAP
AKTIENGESELLSCHAFT SPONSORED ADR 803054204 535 12,800 X 12,800
15
ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ITEM 6: ITEM 7: ITEM 8:
-------------------- ---------------- --------- ------------ ----------- -------------------- -------- ----------------------------
INV. DISCRETION VOTING AUTHORITY SHARES
-------------------- ----------------------------
(A) (B) (C) (A) (B) (C)
PENSION FAIR SHARES OR SHARED MANAGERS
CUSIP MARKET VALUE PRINCIPAL AS DEF. SHARED SEE
NAME OF ISSUER TITLE OF CLASS NUMBER ($000) AMOUNT SOLE INSTR. V OTHER INSTR.V SOLE SHARED NONE
-------------------- ---------------- --------- ------------ ----------- ---- -------- ------ -------- ------ -------- ------------
SARA LEE CORP COM 803111103 10,964 476,885 X 476,885
SCANA CORP NEW COM 80589M102 2,114 58,124 X 58,124
SCHEIN HENRY INC COM 806407102 1,651 26,145 X 26,145
SCHERING PLOUGH CORP COM 806605101 14,631 791,705 X 791,705
SCHLUMBERGER LTD COM 806857108 3,384 53,280 X 53,280
SCHWAB CHARLES CORP
NEW COM 808513105 4,049 421,282 X 421,282
SCIENTIFIC ATLANTA
INC COM 808655104 5,514 159,815 X 159,815
SCOTTISH PWR PLC SPON ADR FINAL 81013T705 1,145 38,800 X 38,800
SCRIPPS E W CO OHIO CL A 811054204 6,899 65,700 X 65,700
SEALED AIR CORP NEW COM 81211K100 2,013 37,798 X 37,798
SEARS ROEBUCK & CO COM 812387108 5,476 145,018 X 145,018
SEMTECH CORP COM 816850101 1,040 44,177 X 44,177
SEMPRA ENERGY COM 816851109 3,943 114,522 X 114,522
SEPRACOR INC COM 817315104 3,160 59,738 X 59,738
SERVICE CORP INTL COM 817565104 130 17,610 X 17,610
SERVICEMASTER CO COM 81760N109 525 42,617 X 42,617
SHERWIN WILLIAMS CO COM 824348106 6,859 165,068 X 165,068
SIEBEL SYS INC COM 826170102 1,269 118,701 X 118,701
SIGMA ALDRICH CORP COM 826552101 3,594 60,299 X 60,299
SILICON LABORATORIES
INC COM 826919102 617 13,320 X 13,320
SILICON STORAGE
TECHNOLOGY I COM 827057100 126 12,200 X 12,200
SIMON PPTY GROUP INC
NEW COM 828806109 3,145 61,166 X 61,166
SIRIUS SATELLITE
RADIOINC COM 82966U103 220 71,446 X 71,446
SKY FINL GROUP INC COM 83080P103 242 9,783 X 9,783
SMITH & NEPHEW PLC SPDN ADR NEW 83175M205 934 16,900 X 16,900
SMITH INTL INC COM 832110100 2,859 51,275 X 51,275
SMITHFIELD FOODS INC COM 832248108 882 30,008 X 30,008
SMUCKER J M CO COM NEW 832696405 347 7,558 X 7,558
SMURFIT-STONE
CONTAINER CORP COM 832727101 291 14,608 X 14,608
SNAP ON INC COM 833034101 283 8,437 X 8,437
SOLECTRON CORP COM 834182107 1,675 258,940 X 258,940
SONOCO PRODS CO COM 835495102 440 17,259 X 17,259
SOUTHERN CO COM 842587107 6,002 205,909 X 205,909
SOUTHTRUST CORP COM 844730101 10,278 264,828 X 264,828
SOUTHWEST AIRLS CO COM 844741108 3,760 224,223 X 224,223
SOVEREIGN BANCORP INC COM 845905108 392 17,719 X 17,719
SPECTRASITE INC COM 84761M104 354 8,196 X 8,196
SPRINT CORP COM FON GROUP 852061100 9,992 567,739 X 567,739
SS&C TECHNOLOGIES INC COM 85227Q100 308 16,450 X 16,450
STANLEY WKS COM 854616109 2,888 63,370 X 63,370
STAPLES INC COM 855030102 4,320 146,888 X 146,888
STARBUCKS CORP COM 855244109 10,508 241,622 X 241,622
STARWOOD
HOTELS&RESORTS WRLD PAIRED CTF 85590A203 6,398 142,646 X 142,646
STATE STR CORP COM 857477103 4,230 86,247 X 86,247
STATION CASINOS INC COM 857689103 1,785 36,883 X 36,883
STERICYCLE INC COM 858912108 1,733 33,502 X 33,502
STERIS CORP COM 859152100 230 10,200 X 10,200
STORAGE TECHNOLOGY
CORP COM PAR $0.10 862111200 294 10,138 X 10,138
STRYKER CORP COM 863667101 11,655 211,913 X 211,913
STUDENT LN CORP COM 863902102 1,137 8,331 X 8,331
SUN MICROSYSTEMS INC COM 866810104 4,362 1,007,445 X 1,007,445
SUNGARD DATA SYS INC COM 867363103 3,061 117,725 X 117,725
SUNOCO INC COM 86764P109 3,567 56,061 X 56,061
SUNTRUST BKS INC COM 867914103 6,070 93,400 X 93,400
16
ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ITEM 6: ITEM 7: ITEM 8:
-------------------- ---------------- --------- ------------ ----------- -------------------- -------- ----------------------------
INV. DISCRETION VOTING AUTHORITY SHARES
-------------------- ----------------------------
(A) (B) (C) (A) (B) (C)
PENSION FAIR SHARES OR SHARED MANAGERS
CUSIP MARKET VALUE PRINCIPAL AS DEF. SHARED SEE
NAME OF ISSUER TITLE OF CLASS NUMBER ($000) AMOUNT SOLE INSTR. V OTHER INSTR.V SOLE SHARED NONE
-------------------- ---------------- --------- ------------ ----------- ---- -------- ------ -------- ------ -------- ------------
SUPERVALU INC COM 868536103 2,745 89,669 X 89,669
SYMANTEC CORP COM 871503108 9,830 224,533 X 224,533
SYMBOL TECHNOLOGIES
INC COM 871508107 1,020 69,201 X 69,201
SYNOPSYS INC COM 871607107 2,281 80,245 X 80,245
SYNOVUS FINL CORP COM 87161C105 1,941 76,652 X 76,652
SYSCO CORP COM 871829107 15,540 433,220 X 433,220
TCF FINL CORP COM 872275102 2,817 48,525 X 48,525
TECO ENERGY INC COM 872375100 419 34,916 X 34,916
TJX COS INC NEW COM 872540109 5,584 231,308 X 231,308
TXU CORP COM 873168108 4,413 108,933 X 108,933
TARGET CORP COM 87612E106 30,849 726,378 X 726,378
TECH DATA CORP COM 878237106 1,039 26,552 X 26,552
TEKTRONIX INC COM 879131100 794 23,331 X 23,331
TELEPHONE & DATA SYS
INC COM 879433100 1,633 22,941 X 22,941
TELLABS INC COM 879664100 751 85,891 X 85,891
TEMPLE INLAND INC COM 879868107 1,136 16,410 X 16,410
TENET HEALTHCARE CORP COM 88033G100 902 67,263 X 67,263
TERADYNE INC COM 880770102 1,295 57,068 X 57,068
TEVA PHARMACEUTICAL
INDS LTD ADR 881624209 659 9,810 X 9,810
TEXAS GENCO HLDGS INC COM 882443104 1,050 23,279 X 23,279
TEXAS INSTRS INC COM 882508104 22,669 937,499 X 937,499
TEXTRON INC COM 883203101 2,311 38,939 X 38,939
THERMO ELECTRON CORP COM 883556102 1,508 49,054 X 49,054
THOMAS & BETTS CORP COM 884315102 958 35,186 X 35,186
3COM CORP COM 885535104 141 22,568 X 22,568
3M CO COM 88579Y101 45,457 505,022 X 505,022
TIBCO SOFTWARE INC COM 88632Q103 303 35,804 X 35,804
TIDEWATER INC COM 886423102 236 7,922 X 7,922
TIFFANY & CO NEW COM 886547108 1,666 45,220 X 45,220
TIMBERLAND CO CL A 887100105 1,086 16,808 X 16,808
TIME WARNER INC COM 887317105 42,689 2,428,258 X 2,428,258
TIMKEN CO COM 887389104 242 9,132 X 9,132
TOLL BROTHERS INC COM 889478103 257 6,084 X 6,084
TORCHMARK CORP COM 891027104 10,048 186,769 X 186,769
TORO CO COM 891092108 2,459 35,100 X 35,100
TOTAL SYS SVCS INC COM 891906109 453 20,697 X 20,697
TOYS R US INC COM 892335100 493 30,925 X 30,925
TRIAD HOSPITALS INC COM 89579K109 1,089 29,263 X 29,263
TRIBUNE CO NEW COM 896047107 5,318 116,769 X 116,769
TULARIK INC COM 899165104 277 11,177 X 11,177
TYCO INTL LTD NEW COM 902124106 23,133 698,050 X 698,050
TYSON FOODS INC CL A 902494103 2,150 102,647 X 102,647
UCBH HOLDINGS INC COM 90262T308 374 9,464 X 9,464
UST INC COM 902911106 2,075 57,651 X 57,651
US BANCORP DEL COM NEW 902973304 18,728 679,554 X 679,554
UNION PAC CORP COM 907818108 5,822 97,931 X 97,931
UNION PLANTERS CORP COM 908068109 852 28,586 X 28,586
UNIONBANCAL CORP COM 908906100 3,747 66,434 X 66,434
UNISYS CORP COM 909214108 815 58,746 X 58,746
UNITED DEFENSE INDS
INC COM 91018B104 294 8,394 X 8,394
UNITED PARCEL
SERVICEINC CL B 911312106 31,501 419,061 X 419,061
UNITED STATES STL
CORPNEW COM 912909108 1,287 36,635 X 36,635
UNITED TECHNOLOGIES
CORP COM 913017109 26,723 292,119 X 292,119
UNITEDHEALTH GROUP
INC COM 91324P102 24,260 389,713 X 389,713
17
ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ITEM 6: ITEM 7: ITEM 8:
-------------------- ---------------- --------- ------------ ----------- -------------------- -------- ----------------------------
INV. DISCRETION VOTING AUTHORITY SHARES
-------------------- ----------------------------
(A) (B) (C) (A) (B) (C)
PENSION FAIR SHARES OR SHARED MANAGERS
CUSIP MARKET VALUE PRINCIPAL AS DEF. SHARED SEE
NAME OF ISSUER TITLE OF CLASS NUMBER ($000) AMOUNT SOLE INSTR. V OTHER INSTR.V SOLE SHARED NONE
-------------------- ---------------- --------- ------------ ----------- ---- -------- ------ -------- ------ -------- ------------
UNITEDGLOBALCOM CL A 913247508 513 70,675 X 70,675
UNITRIN INC COM 913275103 260 6,110 X 6,110
UNIVERSAL HLTH SVCS
INC CL B 913903100 1,252 27,292 X 27,292
UNIVISION
COMMUNICATIONS INC CL A 914906102 2,110 66,083 X 66,083
UNOCAL CORP COM 915289102 1,707 44,910 X 44,910
UNUMPROVIDENT CORP COM 91529Y106 1,539 96,776 X 96,776
URBAN OUTFITTERS INC COM 917047102 2,368 38,883 X 38,883
UTSTARCOM INC COM 918076100 2,030 67,121 X 67,121
VCA ANTECH INC COM 918194101 1,146 25,572 X 25,572
V F CORP COM 918204108 2,885 59,237 X 59,237
VALERO ENERGY CORP
NEW COM 91913Y100 6,693 90,743 X 90,743
VALSPAR CORP COM 920355104 1,011 20,063 X 20,063
VARIAN MED SYS INC COM 92220P105 1,629 20,534 X 20,534
VENTAS INC COM 92276F100 739 31,640 X 31,640
VERISIGN INC COM 92343E102 804 40,417 X 40,417
VERIZON
COMMUNICATIONS COM 92343V104 47,600 1,315,268 X 1,315,268
VERITAS SOFTWARE CO COM 923436109 6,465 232,641 X 232,641
VIAD CORP COM 92552R109 299 11,076 X 11,076
VIACOM INC CL A 925524100 1,014 27,900 X 27,900
VIACOM INC CL B 925524308 22,434 628,047 X 628,047
VISHAY
INTERTECHNOLOGYINC COM 928298108 273 14,684 X 14,684
VISTEON CORP COM 92839U107 133 11,372 X 11,372
VORNADO RLTY TR SH BEN INT 929042109 317 5,544 X 5,544
VULCAN MATLS CO COM 929160109 1,571 33,042 X 33,042
W HLDG CO INC COM 929251106 181 10,515 X 10,515
WPS RESOURCES CORP COM 92931B106 758 16,346 X 16,346
WACHOVIA CORP 2ND NEW COM 929903102 37,131 834,400 X 834,400
WADDELL & REED FINL
INC CL A 930059100 455 20,591 X 20,591
WAL MART STORES INC COM 931142103 110,093 2,086,668 X 2,086,668
WALGREEN CO COM 931422109 15,041 415,382 X 415,382
WASHINGTON MUT INC COM 939322103 19,060 493,264 X 493,264
WASHINGTON POST CO CL B 939640108 3,768 4,052 X 4,052
WASTE MGMT INC DEL COM 94106L109 9,513 310,373 X 310,373
WATERS CORP COM 941848103 4,111 86,038 X 86,038
WATSON
PHARMACEUTICALSINC COM 942683103 705 26,225 X 26,225
WATTS WATER
TECHNOLOGIES INC CL A 942749102 697 25,850 X 25,850
WEBMD CORP COM 94769M105 566 60,706 X 60,706
WEIGHT WATCHERS INTL
INC NEW COM 948626106 777 19,845 X 19,845
WEINGARTEN RLTY INVS SH BEN INT 948741103 879 28,115 X 28,115
WELLPOINT HEALTH
NETWORK NEW COM 94973H108 7,829 69,893 X 69,893
WELLS FARGO & CO NEW COM 949746101 39,206 685,069 X 685,069
WENDYS INTL INC COM 950590109 1,856 53,264 X 53,264
WEST CORP COM 952355105 670 25,631 X 25,631
WESTAR ENERGY INC COM 95709T100 757 38,044 X 38,044
WESTAMERICA
BANCORPORATION COM 957090103 813 15,500 X 15,500
WESTERN DIGITAL CORP COM 958102105 181 20,858 X 20,858
WESTERN GAS RES INC COM 958259103 1,162 35,770 X 35,770
WESTERN WIRELESS CORP CL A 95988E204 1,835 63,477 X 63,477
WESTWOOD ONE INC COM 961815107 389 16,348 X 16,348
WEYERHAEUSER CO COM 962166104 4,459 70,642 X 70,642
WHIRLPOOL CORP COM 963320106 2,543 37,077 X 37,077
WHITNEY HLDG CORP COM 966612103 2,075 46,448 X 46,448
WHOLE FOODS MKT INC COM 966837106 5,513 57,757 X 57,757
WILEY JOHN & SONS INC CL A 968223206 917 28,668 X 28,668
18
ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ITEM 6: ITEM 7: ITEM 8:
-------------------- ---------------- --------- ------------ ----------- -------------------- -------- ----------------------------
INV. DISCRETION VOTING AUTHORITY SHARES
-------------------- ----------------------------
(A) (B) (C) (A) (B) (C)
PENSION FAIR SHARES OR SHARED MANAGERS
CUSIP MARKET VALUE PRINCIPAL AS DEF. SHARED SEE
NAME OF ISSUER TITLE OF CLASS NUMBER ($000) AMOUNT SOLE INSTR. V OTHER INSTR.V SOLE SHARED NONE
-------------------- ---------------- --------- ------------ ----------- ---- -------- ------ -------- ------ -------- ------------
WILLIAMS COS INC DEL COM 969457100 894 75,110 X 75,110
WILLIAMS SONOMA INC COM 969904101 744 22,558 X 22,558
WILMINGTON TRUST CORP COM 971807102 1,230 33,039 X 33,039
WINN DIXIE STORES INC COM 974280109 88 12,250 X 12,250
WISCONSIN ENERGY CORP COM 976657106 544 16,686 X 16,686
WOLVERINE WORLD WIDE
INC COM 978097103 578 22,000 X 22,000
WORTHINGTON INDS INC COM 981811102 634 30,902 X 30,902
WRIGLEY WM JR CO COM 982526105 5,481 86,927 X 86,927
WYETH COM 983024100 17,606 486,884 X 486,884
WYNN RESORTS LTD COM 983134107 1,045 27,051 X 27,051
XM SATELLITE RADIO
HLDGS INC CL A 983759101 2,399 87,905 X 87,905
XTO ENERGY INC COM 98385X106 3,849 129,208 X 129,208
XCEL ENERGY INC COM 98389B100 1,552 92,873 X 92,873
XILINX INC COM 983919101 3,937 118,203 X 118,203
XEROX CORP COM 984121103 3,493 240,912 X 240,912
YAHOO INC COM 984332106 26,076 716,364 X 716,364
YELLOW ROADWAY CORP COM 985577105 418 10,476 X 10,476
YUM BRANDS INC COM 988498101 5,400 145,084 X 145,084
ZEBRA TECHNOLOGIES
CORP CL A 989207105 4,082 46,921 X 46,921
ZIMMER HLDGS INC COM 98956P102 19,676 223,083 X 223,083
ZIONS BANCORPORATION COM 989701107 1,584 25,783 X 25,783
GRAND TOTAL 5,912,574
19
ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ITEM 6: ITEM 7: ITEM 8:
-------------------- ---------------- --------- ------------ ----------- -------------------- -------- ----------------------------
INV. DISCRETION VOTING AUTHORITY SHARES
-------------------- ----------------------------
(A) (B) (C) (A) (B) (C)
PENSION FAIR SHARES OR SHARED MANAGERS
CUSIP MARKET VALUE PRINCIPAL AS DEF. SHARED SEE
NAME OF ISSUER TITLE OF CLASS NUMBER ($000) AMOUNT SOLE INSTR. V OTHER INSTR.V SOLE SHARED NONE
-------------------- ---------------- --------- ------------ ----------- ---- -------- ------ -------- ------ -------- ------------
BLDRS INDEX FDS
TREMERGING MKTS
50 ADR INDEX FD COM 09348R300 300,000 4,379 X 4,379
ISHARES MSCI EMERGING
MKTINDEX FD ETF 464287234 48,000 300 X 300
ISHARES GOLDMAN TECH
INDEXGOLDMAN SACHS
TECHNOLOGY INDEX ETF 464287549 1,140,000 24,600 X 24,600
ISHARES TRUST -
RUSSELL 1000VALUE
INDEX FUND ETF 464287598 474,000 7,900 X 7,900
ISHARES RUSSELL 2000
GROWTHINDEX FUND ETF 464287648 1,206,000 19,300 X 19,300
AMEX HEALTH CARE
SELECT SECTOR'SPDR'
FUND ETF 81369Y209 642,000 21,000 X 21,000
AMEX CONSUMER STAPLES
SELECTFUND 'SPDR' ETF 81369Y308 554,000 24,000 X 24,000
AMEX CONSUMER
DISCRETIONARYSELECT
SECTOR 'SPDR' FUND ETF 81369Y407 2,116,000 66,900 X 66,900
AMEX FINANCIAL SELECT
INDEXMARKET INDEX ETF 81369Y605 4,679,000 163,700 X 163,700
AMEX INDUSTRIAL
SELECT INDEX'SPDR' ETF 81369Y704 4,270,000 149,000 X 149,000
AMEX UTILITIES
SELECT INDEXMARKET
INDEX ETF 81369Y886 2,036,000 85,700 X 85,700
TELECOM HOLDRS
TRUST'HOLDRS' ETF 87927P200 2,646,000 97,800 X 97,800
ISHARES RUSSELL 1000
GROWTHGROWTH INDEX
FUND ETF 464287614 (469,000) (9,800) X (9,800)
ISHARES RUSSELL 2000
VALUEINDEX FUND ETF 464287630 (1,223,000) (7,100) X (7,100)
AMEX MATERIALS
SELECT'SPDR' FUND ETF 81369Y100 (126,000) (4,700) X (4,700)
AMEX ENERGY SELECT
INDEX'SPDR' ETF 81369Y506 (1,687,000) (53,600) X (53,600)
16,606,000
1