13F-HR 1 form13fhr.txt ADAGE CAPITAL PARTNERS GP, L.L.C. 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, 2007 ------------------------ 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: Adage Capital Partners GP, L.L.C. -------------------------------------------------- 200 Clarendon Street, 52nd Floor -------------------------------------------------- Boston, Massachusetts 02116 -------------------------------------------------- -------------------------------------------------- Form 13F File Number: 028-10046 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: Phillip Gross -------------------------------------------------- Title: Managing Member of the Managing Member -------------------------------------------------- Phone: 617-867-2855 -------------------------------------------------- Signature, Place, and Date of Signing: /s/ Phillip Gross Boston, Massachusetts 08/14/07 ------------------------ ------------------------------ --------- Report Type (Check only one.): [ X ] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 ------------- Form 13F Information Table Entry Total: 610 ------------- Form 13F Information Table Value Total: $ 18,388,543 ------------- (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. No. Form 13F File Number Name
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------------- ---------------- --------- -------- ------------------ ---------- -------- ------------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------------- ---------------- --------- -------- --------- --- ---- ---------- -------- ---------- ------ ------- 3M CO COM 88579Y101 113,858 1,311,884 SH SOLE 1,311,884 0 0 ABBOTT LABS COM 002824100 265,104 4,950,592 SH SOLE 4,950,592 0 0 ABIOMED INC COM 003654100 7,555 700,790 SH SOLE 700,790 0 0 ABITIBI-CONSOLIDATED INC COM 003924107 66 22,600 SH SOLE 22,600 0 0 ACCURAY INC COM 004397105 4,436 200,000 SH SOLE 200,000 0 0 ACE LTD ORD G0070K103 90,223 1,443,100 SH SOLE 1,443,100 0 0 ADAMS RESPIRATORY THERAPEUTI COM 00635P107 45,416 1,152,973 SH SOLE 1,152,973 0 0 ADOBE SYS INC COM 00724F101 21,103 525,600 SH SOLE 525,600 0 0 ADVANCE AUTO PARTS INC COM 00751Y106 34,451 850,000 SH SOLE 850,000 0 0 ADVANCED MAGNETICS INC COM 00753P103 58,412 1,004,329 SH SOLE 1,004,329 0 0 AEROFLEX INC COM 007768104 1,417 100,000 SH SOLE 100,000 0 0 AES CORP COM 00130H105 11,666 533,200 SH SOLE 533,200 0 0 AETNA INC NEW COM 00817Y108 22,487 455,200 SH SOLE 455,200 0 0 AFFILIATED COMPUTER SERVICES CL A 008190100 4,969 87,600 SH SOLE 87,600 0 0 AFFILIATED MANAGERS GROUP COM 008252108 19,984 155,200 SH SOLE 155,200 0 0 AFLAC INC COM 001055102 25,808 502,100 SH SOLE 502,100 0 0 AGILENT TECHNOLOGIES INC COM 00846U101 101,525 2,641,119 SH SOLE 2,641,119 0 0 AGL RES INC COM 001204106 8,096 200,000 SH SOLE 200,000 0 0 AIR PRODS & CHEMS INC COM 009158106 15,439 192,100 SH SOLE 192,100 0 0 ALBEMARLE CORP COM 012653101 54,895 1,424,721 SH SOLE 1,424,721 0 0 ALCAN INC COM 013716105 17,715 217,900 SH SOLE 217,900 0 0 ALCOA INC COM 013817101 120,597 2,975,496 SH SOLE 2,975,496 0 0 ALEXANDRIA REAL ESTATE EQ IN COM 015271109 16,944 175,000 SH SOLE 175,000 0 0 ALEXION PHARMACEUTICALS INC COM 015351109 92,652 2,056,200 SH SOLE 2,056,200 0 0 ALEXZA PHARMACEUTICALS INC COM 015384100 2,541 307,300 SH SOLE 307,300 0 0 ALIGN TECHNOLOGY INC COM 016255101 490 20,300 SH SOLE 20,300 0 0 ALLEGHENY ENERGY INC COM 017361106 8,382 162,000 SH SOLE 162,000 0 0 ALLERGAN INC COM 018490102 15,621 271,004 SH SOLE 271,004 0 0 ALLIANCE DATA SYSTEMS CORP COM 018581108 20,086 259,918 SH SOLE 259,918 0 0 ALLIED WASTE INDS INC COM PAR$.01NEW 019589308 2,911 216,284 SH SOLE 216,284 0 0 ALLIED WRLD ASSUR COM HLDG L SHS G0219G203 8,641 168,600 SH SOLE 168,600 0 0 ALLSTATE CORP COM 020002101 38,228 621,500 SH SOLE 621,500 0 0 ALLTEL CORP COM 020039103 40,381 597,800 SH SOLE 597,800 0 0 ALPHATEC HOLDINGS INC COM 02081G102 3,049 802,306 SH SOLE 802,306 0 0 ALTRIA GROUP INC COM 02209S103 235,116 3,352,100 SH SOLE 3,352,100 0 0 ALTUS PHARMACEUTICALS INC COM 02216N105 1,298 112,506 SH SOLE 112,506 0 0 AMAZON COM INC COM 023135106 19,003 277,778 SH SOLE 277,778 0 0 AMEREN CORP COM 023608102 25,485 520,000 SH SOLE 520,000 0 0 AMERICAN ELEC PWR INC COM 025537101 35,127 779,900 SH SOLE 779,900 0 0 AMERICAN EXPRESS CO COM 025816109 64,857 1,060,100 SH SOLE 1,060,100 0 0 AMERICAN INTL GROUP INC COM 026874107 195,203 2,787,419 SH SOLE 2,787,419 0 0 AMERICAN STD COS INC DEL COM 029712106 25,055 424,800 SH SOLE 424,800 0 0 AMERICAN TOWER CORP CL A 029912201 21,840 520,000 SH SOLE 520,000 0 0 AMERIPRISE FINL INC COM 03076C106 13,258 208,560 SH SOLE 208,560 0 0 AMERISOURCEBERGEN CORP COM 03073E105 8,445 170,700 SH SOLE 170,700 0 0 AMGEN INC COM 031162100 57,024 1,031,363 SH SOLE 1,031,363 0 0 ANADARKO PETE CORP COM 032511107 10,194 196,084 SH SOLE 196,084 0 0 AON CORP COM 037389103 15,502 363,800 SH SOLE 363,800 0 0 APACHE CORP COM 037411105 52,397 642,200 SH SOLE 642,200 0 0 APOLLO GROUP INC CL A 037604105 7,298 124,900 SH SOLE 124,900 0 0 APPLE INC COM 037833100 88,760 727,300 SH SOLE 727,300 0 0 APPLERA CORP COM AP BIO GRP 038020103 4,864 159,259 SH SOLE 159,259 0 0 APPLIED MATLS INC COM 038222105 12,985 653,500 SH SOLE 653,500 0 0 AQUANTIVE INC COM 03839G105 26,796 420,000 SH SOLE 420,000 0 0 ARCH CAP GROUP LTD ORD G0450A105 4,585 63,210 SH SOLE 63,210 0 0 ARCH CHEMICALS INC COM 03937R102 18,076 514,400 SH SOLE 514,400 0 0 ARCHER DANIELS MIDLAND CO COM 039483102 16,396 495,492 SH SOLE 495,492 0 0 ARCHSTONE SMITH TR COM 039583109 11,526 195,000 SH SOLE 195,000 0 0 ARMSTRONG WORLD INDS INC NEW COM 04247X102 4,579 91,300 SH SOLE 91,300 0 0 ASHFORD HOSPITALITY TR INC COM SHS 044103109 14,112 1,200,000 SH SOLE 1,200,000 0 0 ASHLAND INC NEW COM 044209104 3,159 49,400 SH SOLE 49,400 0 0 ASSURANT INC COM 04621X108 5,126 87,000 SH SOLE 87,000 0 0 AT&T INC COM 00206R102 570,778 13,753,688 SH SOLE 13,753,688 0 0 AUGUSTA RES CORP COM NEW 050912203 1,545 500,000 SH SOLE 500,000 0 0 AUTODESK INC COM 052769106 9,694 205,900 SH SOLE 205,900 0 0 AUTOLIV INC COM 052800109 6,142 108,000 SH SOLE 108,000 0 0 AUTOMATIC DATA PROCESSING IN COM 053015103 23,577 486,424 SH SOLE 486,424 0 0 AUTONATION INC COM 05329W102 3,030 135,023 SH SOLE 135,023 0 0 AVAYA INC COM 053499109 6,883 408,700 SH SOLE 408,700 0 0 AVERY DENNISON CORP COM 053611109 32,351 486,633 SH SOLE 486,633 0 0 AVON PRODS INC COM 054303102 24,108 656,000 SH SOLE 656,000 0 0 BAKER HUGHES INC COM 057224107 41,325 491,209 SH SOLE 491,209 0 0 BALL CORP COM 058498106 4,813 90,512 SH SOLE 90,512 0 0 BANK MUTUAL CORP NEW COM 063750103 3,747 325,000 SH SOLE 325,000 0 0 BANK NEW YORK INC COM 064057102 27,425 661,800 SH SOLE 661,800 0 0 BANK OF AMERICA CORPORATION COM 060505104 170,377 3,484,911 SH SOLE 3,484,911 0 0 BARR PHARMACEUTICALS INC COM 068306109 4,702 93,600 SH SOLE 93,600 0 0 BAUSCH & LOMB INC COM 071707103 3,305 47,600 SH SOLE 47,600 0 0 BAXTER INTL INC COM 071813109 56,160 996,798 SH SOLE 996,798 0 0 BB&T CORP COM 054937107 19,836 487,600 SH SOLE 487,600 0 0 BEAR STEARNS COS INC COM 073902108 14,630 104,500 SH SOLE 104,500 0 0 BECTON DICKINSON & CO COM 075887109 10,020 134,500 SH SOLE 134,500 0 0 BEMIS INC COM 081437105 10,452 315,000 SH SOLE 315,000 0 0 BEST BUY INC COM 086516101 71,535 1,532,775 SH SOLE 1,532,775 0 0 BIG LOTS INC COM 089302103 2,877 97,800 SH SOLE 97,800 0 0 BIOMED REALTY TRUST INC COM 09063H107 27,758 1,105,000 SH SOLE 1,105,000 0 0 BIOMET INC COM 090613100 49,903 1,091,497 SH SOLE 1,091,497 0 0 BJ SVCS CO COM 055482103 782 27,500 SH SOLE 27,500 0 0 BLOCK H & R INC COM 093671105 6,742 288,500 SH SOLE 288,500 0 0 BMC SOFTWARE INC COM 055921100 5,696 188,000 SH SOLE 188,000 0 0 BOEING CO COM 097023105 133,908 1,392,550 SH SOLE 1,392,550 0 0 BOWATER INC COM 102183100 4,359 174,700 SH SOLE 174,700 0 0 BP PLC SPONSORED ADR 055622104 29,195 404,700 SH SOLE 404,700 0 0 BRISTOL MYERS SQUIBB CO COM 110122108 99,704 3,159,200 SH SOLE 3,159,200 0 0 BROADCOM CORP CL A 111320107 22,874 782,000 SH SOLE 782,000 0 0 BRUNSWICK CORP COM 117043109 2,529 77,500 SH SOLE 77,500 0 0 BURLINGTON NORTHN SANTA FE C COM 12189T104 27,172 319,143 SH SOLE 319,143 0 0 BUSINESS OBJECTS S A SPONSORED ADR 12328X107 25,479 656,000 SH SOLE 656,000 0 0 C D W CORP COM 12512N105 16,994 200,000 SH SOLE 200,000 0 0 C H ROBINSON WORLDWIDE INC COM NEW 12541W209 8,036 153,000 SH SOLE 153,000 0 0 CA INC COM 12673P105 9,402 364,000 SH SOLE 364,000 0 0 CADBURY SCHWEPPES PLC ADR 127209302 83,352 1,535,032 SH SOLE 1,535,032 0 0 CAL DIVE INTL INC DEL COM 12802T101 582 35,000 SH SOLE 35,000 0 0 CAMECO CORP COM 13321L108 8,691 171,000 SH SOLE 171,000 0 0 CANADIAN NAT RES LTD COM 136385101 18,226 273,600 SH SOLE 273,600 0 0 CAPITAL ONE FINL CORP COM 14040H105 28,874 368,100 SH SOLE 368,100 0 0 CARDINAL HEALTH INC COM 14149Y108 24,077 340,841 SH SOLE 340,841 0 0 CARDIOME PHARMA CORP COM NEW 14159U202 11,114 1,209,900 SH SOLE 1,209,900 0 0 CARMIKE CINEMAS INC COM 143436400 492 22,400 SH SOLE 22,400 0 0 CARNIVAL CORP PAIRED CTF 143658300 17,474 358,300 SH SOLE 358,300 0 0 CATALINA MARKETING CORP COM 148867104 6,300 200,000 SH SOLE 200,000 0 0 CATERPILLAR INC DEL COM 149123101 18,535 236,718 SH SOLE 236,718 0 0 CB RICHARD ELLIS GROUP INC CL A 12497T101 6,063 166,100 SH SOLE 166,100 0 0 CBS CORP NEW CL B 124857202 34,882 1,046,884 SH SOLE 1,046,884 0 0 CELANESE CORP DEL COM SER A 150870103 43,143 1,112,500 SH SOLE 1,112,500 0 0 CELGENE CORP COM 151020104 19,276 336,222 SH SOLE 336,222 0 0 CENTERPOINT ENERGY INC COM 15189T107 4,962 285,200 SH SOLE 285,200 0 0 CENTEX CORP COM 152312104 4,237 105,672 SH SOLE 105,672 0 0 CERIDIAN CORP NEW COM 156779100 5,677 162,200 SH SOLE 162,200 0 0 CHARLOTTE RUSSE HLDG INC COM 161048103 13,507 502,662 SH SOLE 502,662 0 0 CHARTER COMMUNICATIONS INC D CL A 16117M107 17,820 4,400,000 SH SOLE 4,400,000 0 0 CHESAPEAKE ENERGY CORP COM 165167107 33,552 969,700 SH SOLE 969,700 0 0 CHEVRON CORP NEW COM 166764100 45,504 540,168 SH SOLE 540,168 0 0 CHICAGO MERCANTILE HLDGS INC CL A 167760107 16,939 31,700 SH SOLE 31,700 0 0 CHUBB CORP COM 171232101 33,902 626,200 SH SOLE 626,200 0 0 CIENA CORP COM NEW 171779309 2,674 74,000 SH SOLE 74,000 0 0 CIGNA CORP COM 125509109 13,347 255,600 SH SOLE 255,600 0 0 CINCINNATI FINL CORP COM 172062101 12,688 292,358 SH SOLE 292,358 0 0 CINTAS CORP COM 172908105 4,751 120,500 SH SOLE 120,500 0 0 CIRCUIT CITY STORE INC COM 172737108 1,852 122,800 SH SOLE 122,800 0 0 CISCO SYS INC COM 17275R102 150,735 5,412,400 SH SOLE 5,412,400 0 0 CIT GROUP INC COM 125581108 9,343 170,400 SH SOLE 170,400 0 0 CITIGROUP INC COM 172967101 273,601 5,334,385 SH SOLE 5,334,385 0 0 CLEAR CHANNEL COMMUNICATIONS COM 184502102 65,678 1,736,605 SH SOLE 1,736,605 0 0 CLOROX CO DEL COM 189054109 81,022 1,304,697 SH SOLE 1,304,697 0 0 CMS ENERGY CORP COM 125896100 16,067 934,100 SH SOLE 934,100 0 0 COACH INC COM 189754104 5,077 107,142 SH SOLE 107,142 0 0 COCA COLA CO COM 191216100 118,427 2,263,941 SH SOLE 2,263,941 0 0 COCA COLA ENTERPRISES INC COM 191219104 41,434 1,726,400 SH SOLE 1,726,400 0 0 COGDELL SPENCER INC COM 19238U107 4,633 225,000 SH SOLE 225,000 0 0 COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 17,984 239,500 SH SOLE 239,500 0 0 COLGATE PALMOLIVE CO COM 194162103 12,859 198,292 SH SOLE 198,292 0 0 COLONIAL BANCGROUP INC COM 195493309 15,476 619,800 SH SOLE 619,800 0 0 COMBINATORX INC COM 20010A103 4,106 665,500 SH SOLE 665,500 0 0 COMCAST CORP NEW CL A 20030N101 76,477 2,719,670 SH SOLE 2,719,670 0 0 COMCAST CORP NEW CL A SPL 20030N200 26,925 963,000 SH SOLE 963,000 0 0 COMERICA INC COM 200340107 8,201 137,900 SH SOLE 137,900 0 0 COMMERCE BANCORP INC NJ COM 200519106 6,736 182,100 SH SOLE 182,100 0 0 COMPASS BANCSHARES INC COM 20449H109 8,002 116,000 SH SOLE 116,000 0 0 COMPLETE PRODUCTION SERVICES COM 20453E109 259 10,000 SH SOLE 10,000 0 0 COMPUTER SCIENCES CORP COM 205363104 9,068 153,300 SH SOLE 153,300 0 0 COMPUWARE CORP COM 205638109 3,186 268,600 SH SOLE 268,600 0 0 CONAGRA FOODS INC COM 205887102 45,934 1,710,131 SH SOLE 1,710,131 0 0 CONOCOPHILLIPS COM 20825C104 140,907 1,794,992 SH SOLE 1,794,992 0 0 CONSOL ENERGY INC COM 20854P109 7,497 162,600 SH SOLE 162,600 0 0 CONSOLIDATED EDISON INC COM 209115104 16,469 365,000 SH SOLE 365,000 0 0 CONSTELLATION ENERGY GROUP I COM 210371100 14,932 171,300 SH SOLE 171,300 0 0 CONTINENTAL AIRLS INC CL B 210795308 18,629 550,000 SH SOLE 550,000 0 0 CONVERGYS CORP COM 212485106 2,885 119,000 SH SOLE 119,000 0 0 COOPER COS INC COM NEW 216648402 24,090 451,800 SH SOLE 451,800 0 0 COOPER INDS LTD CL A G24182100 106,412 1,863,929 SH SOLE 1,863,929 0 0 CORNING INC COM 219350105 64,621 2,529,200 SH SOLE 2,529,200 0 0 COSTCO WHSL CORP NEW COM 22160K105 11,821 202,000 SH SOLE 202,000 0 0 COUNTRYWIDE FINANCIAL CORP COM 222372104 14,711 404,700 SH SOLE 404,700 0 0 COVENTRY HEALTH CARE INC COM 222862104 8,106 140,600 SH SOLE 140,600 0 0 CRESCENT REAL ESTATE EQUITIE COM 225756105 5,610 250,000 SH SOLE 250,000 0 0 CROWN CASTLE INTL CORP COM 228227104 20,311 560,000 SH SOLE 560,000 0 0 CSX CORP COM 126408103 17,507 388,356 SH SOLE 388,356 0 0 CUMMINS INC COM 231021106 9,048 89,400 SH SOLE 89,400 0 0 CVS CAREMARK CORPORATION COM 126650100 49,079 1,346,488 SH SOLE 1,346,488 0 0 CYPRESS SEMICONDUCTOR CORP COM 232806109 2,590 111,200 SH SOLE 111,200 0 0 CYTEC INDS INC COM 232820100 1,263 19,800 SH SOLE 19,800 0 0 CYTYC CORP COM 232946103 61,216 1,420,000 SH SOLE 1,420,000 0 0 D R HORTON INC COM 23331A109 4,814 241,553 SH SOLE 241,553 0 0 DANAHER CORP DEL COM 235851102 18,775 248,674 SH SOLE 248,674 0 0 DARDEN RESTAURANTS INC COM 237194105 5,582 126,900 SH SOLE 126,900 0 0 DEERE & CO COM 244199105 23,798 197,100 SH SOLE 197,100 0 0 DELIA'S INC NEW COM 246911101 3,621 474,540 SH SOLE 474,540 0 0 DELL INC COM 24702R101 57,999 2,031,500 SH SOLE 2,031,500 0 0 DEPOMED INC COM 249908104 1,326 278,000 SH SOLE 278,000 0 0 DEVELOPERS DIVERSIFIED RLTY COM 251591103 5,851 111,000 SH SOLE 111,000 0 0 DEVON ENERGY CORP NEW COM 25179M103 52,083 665,256 SH SOLE 665,256 0 0 DIAGEO P L C SPON ADR NEW 25243Q205 45,904 551,000 SH SOLE 551,000 0 0 DIAMOND OFFSHORE DRILLING IN COM 25271C102 7,008 69,000 SH SOLE 69,000 0 0 DIAMONDROCK HOSPITALITY CO COM 252784301 14,310 750,000 SH SOLE 750,000 0 0 DIGITAL RLTY TR INC COM 253868103 41,143 1,091,900 SH SOLE 1,091,900 0 0 DILLARDS INC CL A 254067101 1,969 54,800 SH SOLE 54,800 0 0 DIRECTV GROUP INC COM 25459L106 15,933 689,435 SH SOLE 689,435 0 0 DISNEY WALT CO COM DISNEY 254687106 76,050 2,227,582 SH SOLE 2,227,582 0 0 DOLLAR GEN CORP COM 256669102 46,414 2,117,414 SH SOLE 2,117,414 0 0 DOMINION RES INC VA NEW COM 25746U109 60,857 705,100 SH SOLE 705,100 0 0 DONNELLEY R R & SONS CO COM 257867101 8,131 186,866 SH SOLE 186,866 0 0 DOW CHEM CO COM 260543103 38,025 859,900 SH SOLE 859,900 0 0 DOW JONES & CO INC COM 260561105 3,292 57,300 SH SOLE 57,300 0 0 DREAMWORKS ANIMATION SKG INC CL A 26153C103 13,261 459,800 SH SOLE 459,800 0 0 DTE ENERGY CO COM 233331107 17,081 354,222 SH SOLE 354,222 0 0 DUKE ENERGY CORP NEW COM 26441C105 25,932 1,417,052 SH SOLE 1,417,052 0 0 DYNCORP INTL INC CL A 26817C101 35,618 1,619,740 SH SOLE 1,619,740 0 0 DYNEGY INC DEL CL A 26817G102 3,292 348,707 SH SOLE 348,707 0 0 E M C CORP MASS COM 268648102 33,600 1,856,374 SH SOLE 1,856,374 0 0 E TRADE FINANCIAL CORP COM 269246104 16,121 729,800 SH SOLE 729,800 0 0 EASTMAN CHEM CO COM 277432100 4,850 75,400 SH SOLE 75,400 0 0 EATON CORP COM 278058102 11,991 128,932 SH SOLE 128,932 0 0 EBAY INC COM 278642103 32,537 1,011,100 SH SOLE 1,011,100 0 0 ECHOSTAR COMMUNICATIONS NEW CL A 278762109 4,337 100,000 SH SOLE 100,000 0 0 ECOLAB INC COM 278865100 12,094 283,221 SH SOLE 283,221 0 0 EDISON INTL COM 281020107 41,360 737,000 SH SOLE 737,000 0 0 EL PASO CORP COM 28336L109 27,596 1,601,600 SH SOLE 1,601,600 0 0 ELAN PLC ADR 284131208 37,281 1,700,000 SH SOLE 1,700,000 0 0 ELECTRONIC ARTS INC COM 285512109 12,327 260,500 SH SOLE 260,500 0 0 ELECTRONIC DATA SYS NEW COM 285661104 12,642 455,900 SH SOLE 455,900 0 0 EMERSON ELEC CO COM 291011104 154,711 3,305,800 SH SOLE 3,305,800 0 0 EMS TECHNOLOGIES INC COM 26873N108 543 24,597 SH SOLE 24,597 0 0 ENBRIDGE INC COM 29250N105 9,968 295,000 SH SOLE 295,000 0 0 ENDURANCE SPECIALTY HLDGS LT SHS G30397106 16,845 420,700 SH SOLE 420,700 0 0 ENERGEN CORP COM 29265N108 44,446 809,000 SH SOLE 809,000 0 0 ENERGY EAST CORP COM 29266M109 10,848 415,800 SH SOLE 415,800 0 0 ENI S P A SPONSORED ADR 26874R108 15,555 215,000 SH SOLE 215,000 0 0 ENTEGRIS INC COM 29362U104 279 23,517 SH SOLE 23,517 0 0 ENTERGY CORP NEW COM 29364G103 8,481 79,000 SH SOLE 79,000 0 0 ENTRAVISION COMMUNICATIONS C CL A 29382R107 7,040 675,000 SH SOLE 675,000 0 0 EOG RES INC COM 26875P101 35,390 484,400 SH SOLE 484,400 0 0 EQUIFAX INC COM 294429105 5,659 127,400 SH SOLE 127,400 0 0 EURAND N V SHS N31010106 4,189 267,298 SH SOLE 267,298 0 0 EVEREST RE GROUP LTD COM G3223R108 4,601 42,350 SH SOLE 42,350 0 0 EXELON CORP COM 30161N101 42,333 583,100 SH SOLE 583,100 0 0 EXPEDIA INC DEL *W EXP 02/04/200 30212P121 328 19,000 SH SOLE 19,000 0 0 EXPRESS SCRIPTS INC COM 302182100 12,172 243,400 SH SOLE 243,400 0 0 EXXON MOBIL CORP COM 30231G102 421,810 5,028,728 SH SOLE 5,028,728 0 0 FAMILY DLR STORES INC COM 307000109 4,513 131,500 SH SOLE 131,500 0 0 FEDERAL HOME LN MTG CORP COM 313400301 35,882 591,144 SH SOLE 591,144 0 0 FEDERAL NATL MTG ASSN COM 313586109 56,902 870,994 SH SOLE 870,994 0 0 FEDERATED INVS INC PA CL B 314211103 2,921 76,200 SH SOLE 76,200 0 0 FEDEX CORP COM 31428X106 30,506 274,904 SH SOLE 274,904 0 0 FIDELITY NATL INFORMATION SV COM 31620M106 7,855 144,704 SH SOLE 144,704 0 0 FIRST DATA CORP COM 319963104 74,412 2,277,693 SH SOLE 2,277,693 0 0 FIRST INDUSTRIAL REALTY TRUS COM 32054K103 18,411 475,000 SH SOLE 475,000 0 0 FIRST MIDWEST BANCORP DEL COM 320867104 17,489 492,500 SH SOLE 492,500 0 0 FIRST REP BK SAN FRANCISCO COM 336158100 2,195 40,900 SH SOLE 40,900 0 0 FISERV INC COM 337738108 8,601 151,425 SH SOLE 151,425 0 0 FLAGSTONE REINSURANCE HLDGS SHS G3529T105 7,969 598,300 SH SOLE 598,300 0 0 FLUOR CORP NEW COM 343412102 8,322 74,727 SH SOLE 74,727 0 0 FORD MTR CO DEL COM PAR $0.01 345370860 15,876 1,685,329 SH SOLE 1,685,329 0 0 FOREST LABS INC COM 345838106 1,132 24,800 SH SOLE 24,800 0 0 FORTUNE BRANDS INC COM 349631101 11,112 134,900 SH SOLE 134,900 0 0 FPL GROUP INC COM 302571104 44,422 782,900 SH SOLE 782,900 0 0 FRANKLIN RES INC COM 354613101 19,751 149,100 SH SOLE 149,100 0 0 FREEPORT-MCMORAN COPPER & GO PFD CONV 35671D782 3,213 25,000 SH SOLE 25,000 0 0 FREEPORT-MCMORAN COPPER & GO COM 35671D857 27,465 331,621 SH SOLE 331,621 0 0 GAMESTOP CORP NEW CL A 36467W109 19,550 500,000 SH SOLE 500,000 0 0 GAP INC DEL COM 364760108 34,531 1,807,900 SH SOLE 1,807,900 0 0 GEMSTAR-TV GUIDE INTL INC COM 36866W106 8,856 1,800,000 SH SOLE 1,800,000 0 0 GENERAL DYNAMICS CORP COM 369550108 59,732 763,642 SH SOLE 763,642 0 0 GENERAL ELECTRIC CO COM 369604103 379,591 9,916,176 SH SOLE 9,916,176 0 0 GENERAL MLS INC COM 370334104 29,934 512,400 SH SOLE 512,400 0 0 GENERAL MTRS CORP COM 370442105 19,039 503,687 SH SOLE 503,687 0 0 GENEVA ACQUISITION CORP UNIT 99/99/9999 37185Y203 6,227 961,000 SH SOLE 961,000 0 0 GENLYTE GROUP INC COM 372302109 44,104 561,549 SH SOLE 561,549 0 0 GENUINE PARTS CO COM 372460105 7,530 151,824 SH SOLE 151,824 0 0 GENWORTH FINL INC COM CL A 37247D106 26,663 775,100 SH SOLE 775,100 0 0 GENZYME CORP COM 372917104 28,027 435,200 SH SOLE 435,200 0 0 GEORGIA GULF CORP COM PAR $0.01 373200203 7,820 431,800 SH SOLE 431,800 0 0 GILEAD SCIENCES INC COM 375558103 32,039 826,386 SH SOLE 826,386 0 0 GLOBAL CROSSING LTD SHS NEW G3921A175 13,899 736,166 SH SOLE 736,166 0 0 GOLDMAN SACHS GROUP INC COM 38141G104 89,691 413,800 SH SOLE 413,800 0 0 GOODMAN GLOBAL INC COM 38239A100 19,459 875,750 SH SOLE 875,750 0 0 GOODRICH CORP COM 382388106 6,530 109,637 SH SOLE 109,637 0 0 GOODYEAR TIRE & RUBR CO COM 382550101 8,961 257,790 SH SOLE 257,790 0 0 GOOGLE INC CL A 38259P508 127,495 243,600 SH SOLE 243,600 0 0 GRACE W R & CO DEL NEW COM 38388F108 1,254 51,200 SH SOLE 51,200 0 0 GRACO INC COM 384109104 495 12,298 SH SOLE 12,298 0 0 GRAINGER W W INC COM 384802104 6,269 67,375 SH SOLE 67,375 0 0 GRIFFON CORP COM 398433102 2,069 95,000 SH SOLE 95,000 0 0 H & E EQUIPMENT SERVICES INC COM 404030108 23 827 SH SOLE 827 0 0 HANSEN MEDICAL INC COM 411307101 4,121 218,177 SH SOLE 218,177 0 0 HARLEY DAVIDSON INC COM 412822108 4,769 80,000 SH SOLE 80,000 0 0 HARMAN INTL INDS INC COM 413086109 74,472 637,600 SH SOLE 637,600 0 0 HARRAHS ENTMT INC COM 413619107 14,128 165,700 SH SOLE 165,700 0 0 HARRIS & HARRIS GROUP INC COM 413833104 5,395 481,734 SH SOLE 481,734 0 0 HARTFORD FINL SVCS GROUP INC COM 416515104 63,884 648,500 SH SOLE 648,500 0 0 HASBRO INC COM 418056107 4,450 141,672 SH SOLE 141,672 0 0 HERBALIFE LTD COM USD SHS G4412G101 40,050 1,010,100 SH SOLE 1,010,100 0 0 HERCULES INC COM 427056106 2,034 103,524 SH SOLE 103,524 0 0 HERLEY INDS INC DEL COM 427398102 82 5,000 SH SOLE 5,000 0 0 HERSHA HOSPITALITY TR SH BEN INT A 427825104 8,865 750,000 SH SOLE 750,000 0 0 HEWLETT PACKARD CO COM 428236103 118,887 2,664,436 SH SOLE 2,664,436 0 0 HIGHLAND HOSPITALITY CORP COM 430141101 15,360 800,000 SH SOLE 800,000 0 0 HILTON HOTELS CORP COM 432848109 11,654 348,201 SH SOLE 348,201 0 0 HOLOGIC INC COM 436440101 34,888 630,770 SH SOLE 630,770 0 0 HOME DEPOT INC COM 437076102 93,059 2,364,900 SH SOLE 2,364,900 0 0 HONDA MOTOR LTD AMERN SHS 438128308 57,893 1,595,300 SH SOLE 1,595,300 0 0 HONEYWELL INTL INC COM 438516106 46,286 822,417 SH SOLE 822,417 0 0 HOSPIRA INC COM 441060100 5,333 136,600 SH SOLE 136,600 0 0 HOST HOTELS & RESORTS INC COM 44107P104 10,520 455,000 SH SOLE 455,000 0 0 HUBBELL INC CL A 443510102 41,495 767,000 SH SOLE 767,000 0 0 HUBBELL INC CL B 443510201 90,331 1,666,001 SH SOLE 1,666,001 0 0 HUDSON CITY BANCORP COM 443683107 5,300 433,700 SH SOLE 433,700 0 0 HUMANA INC COM 444859102 8,741 143,500 SH SOLE 143,500 0 0 HUNTINGTON BANCSHARES INC COM 446150104 33,468 1,471,762 SH SOLE 1,471,762 0 0 IAC INTERACTIVECORP COM NEW 44919P300 6,756 195,200 SH SOLE 195,200 0 0 IDEX CORP COM 45167R104 32,451 842,004 SH SOLE 842,004 0 0 IMS HEALTH INC COM 449934108 5,497 171,096 SH SOLE 171,096 0 0 INGERSOLL-RAND COMPANY LTD CL A G4776G101 99,708 1,818,819 SH SOLE 1,818,819 0 0 INTEGRYS ENERGY GROUP INC COM 45822P105 3,348 66,000 SH SOLE 66,000 0 0 INTEL CORP COM 458140100 123,427 5,194,728 SH SOLE 5,194,728 0 0 INTERFACE INC CL A 458665106 41,105 2,179,484 SH SOLE 2,179,484 0 0 INTERNATIONAL BUSINESS MACHS COM 459200101 128,229 1,218,332 SH SOLE 1,218,332 0 0 INTERNATIONAL GAME TECHNOLOG COM 459902102 11,843 298,300 SH SOLE 298,300 0 0 INTERPUBLIC GROUP COS INC COM 460690100 20,991 1,841,300 SH SOLE 1,841,300 0 0 INTL PAPER CO COM 460146103 14,299 366,182 SH SOLE 366,182 0 0 INTUIT COM 461202103 9,126 303,400 SH SOLE 303,400 0 0 JABIL CIRCUIT INC COM 466313103 3,575 162,000 SH SOLE 162,000 0 0 JANUS CAP GROUP INC COM 47102X105 4,619 165,900 SH SOLE 165,900 0 0 JAZZ PHARMACEUTICALS INC COM 472147107 9,892 618,650 SH SOLE 618,650 0 0 JDS UNIPHASE CORP COM PAR $0.001 46612J507 2,538 188,962 SH SOLE 188,962 0 0 JOHNSON & JOHNSON COM 478160104 111,677 1,812,354 SH SOLE 1,812,354 0 0 JOHNSON CTLS INC COM 478366107 20,258 174,982 SH SOLE 174,982 0 0 JONES APPAREL GROUP INC COM 480074103 2,709 95,900 SH SOLE 95,900 0 0 JOURNAL COMMUNICATIONS INC CL A 481130102 585 45,000 SH SOLE 45,000 0 0 JP MORGAN CHASE & CO COM 46625H100 127,400 2,629,507 SH SOLE 2,629,507 0 0 KB HOME COM 48666K109 2,677 68,001 SH SOLE 68,001 0 0 KELLOGG CO COM 487836108 96,305 1,859,527 SH SOLE 1,859,527 0 0 KERYX BIOPHARMACEUTICALS INC COM 492515101 14,411 1,475,000 SH SOLE 1,475,000 0 0 KEYSPAN CORP COM 49337W100 6,079 144,800 SH SOLE 144,800 0 0 KIMBERLY CLARK CORP COM 494368103 15,483 231,475 SH SOLE 231,475 0 0 KIMCO REALTY CORP COM 49446R109 617 16,200 SH SOLE 16,200 0 0 KING PHARMACEUTICALS INC COM 495582108 3,366 164,500 SH SOLE 164,500 0 0 KLA-TENCOR CORP COM 482480100 9,407 171,200 SH SOLE 171,200 0 0 KODIAK OIL & GAS CORP COM 50015Q100 4,212 726,200 SH SOLE 726,200 0 0 KOHLS CORP COM 500255104 20,670 291,000 SH SOLE 291,000 0 0 KONINKLIJKE PHILIPS ELECTRS NY REG SH NEW 500472303 24,757 585,000 SH SOLE 585,000 0 0 KRAFT FOODS INC CL A 50075N104 73,616 2,088,406 SH SOLE 2,088,406 0 0 KROGER CO COM 501044101 17,795 632,600 SH SOLE 632,600 0 0 LABORATORY CORP AMER HLDGS COM NEW 50540R409 4,492 57,400 SH SOLE 57,400 0 0 LAIDLAW INTL INC COM 50730R102 3,455 100,000 SH SOLE 100,000 0 0 LDK SOLAR CO LTD SPONSORED ADR 50183L107 3,600 115,000 SH SOLE 115,000 0 0 LEAP WIRELESS INTL INC COM NEW 521863308 11,830 140,000 SH SOLE 140,000 0 0 LEGG MASON INC COM 524901105 3,640 37,000 SH SOLE 37,000 0 0 LEHMAN BROS HLDGS INC COM 524908100 25,985 348,700 SH SOLE 348,700 0 0 LENNAR CORP CL A 526057104 4,461 122,028 SH SOLE 122,028 0 0 LEVEL 3 COMMUNICATIONS INC COM 52729N100 26,325 4,500,000 SH SOLE 4,500,000 0 0 LEXINGTON REALTY TRUST COM 529043101 5,200 250,000 SH SOLE 250,000 0 0 LEXMARK INTL NEW CL A 529771107 4,186 84,900 SH SOLE 84,900 0 0 LIBERTY GLOBAL INC COM SER A 530555101 8,208 200,000 SH SOLE 200,000 0 0 LIBERTY MEDIA HLDG CORP CAP COM SER A 53071M302 4,791 40,713 SH SOLE 40,713 0 0 LILLY ELI & CO COM 532457108 36,110 646,200 SH SOLE 646,200 0 0 LIMELIGHT NETWORKS INC COM 53261M104 1,978 100,000 SH SOLE 100,000 0 0 LINCOLN ELEC HLDGS INC COM 533900106 37,788 509,003 SH SOLE 509,003 0 0 LINEAR TECHNOLOGY CORP COM 535678106 8,213 227,000 SH SOLE 227,000 0 0 LOEWS CORP COM 540424108 20,300 398,200 SH SOLE 398,200 0 0 LOEWS CORP CAROLNA GP STK 540424207 29,332 379,600 SH SOLE 379,600 0 0 LOWES COS INC COM 548661107 71,299 2,323,200 SH SOLE 2,323,200 0 0 LSI CORPORATION COM 502161102 5,072 675,300 SH SOLE 675,300 0 0 LYONDELL CHEMICAL CO COM 552078107 19,210 517,500 PRN SOLE 517,500 0 0 M & T BK CORP COM 55261F104 7,248 67,800 SH SOLE 67,800 0 0 MANNKIND CORP NOTE 3.750%12/1 56400PAA0 930 1,000,000 SH SOLE 1,000,000 0 0 MANOR CARE INC NEW COM 564055101 4,146 63,500 SH SOLE 63,500 0 0 MARATHON OIL CORP COM 565849106 36,602 610,444 SH SOLE 610,444 0 0 MARRIOTT INTL INC NEW CL A 571903202 9,374 216,800 SH SOLE 216,800 0 0 MARSH & MCLENNAN COS INC COM 571748102 11,138 360,700 SH SOLE 360,700 0 0 MARSHALL & ILSLEY CORP COM 571834100 11,449 240,384 SH SOLE 240,384 0 0 MATTEL INC COM 577081102 7,621 301,342 SH SOLE 301,342 0 0 MAX CAPITAL GROUP LTD SHS G6052F103 11,416 403,400 SH SOLE 403,400 0 0 MAXIM INTEGRATED PRODS INC COM 57772K101 9,355 280,000 SH SOLE 280,000 0 0 MAXYGEN INC COM 577776107 6,856 800,000 SH SOLE 800,000 0 0 MBIA INC COM 55262C100 25,442 408,900 SH SOLE 408,900 0 0 MCCORMICK & SCHMICKS SEAFD R COM 579793100 5,188 200,000 SH SOLE 200,000 0 0 MCDONALDS CORP COM 580135101 54,433 1,072,367 SH SOLE 1,072,367 0 0 MCGRAW HILL COS INC COM 580645109 16,019 235,300 SH SOLE 235,300 0 0 MCKESSON CORP COM 58155Q103 15,517 260,172 SH SOLE 260,172 0 0 MEADWESTVACO CORP COM 583334107 2,144 60,705 SH SOLE 60,705 0 0 MEASUREMENT SPECIALTIES INC COM 583421102 249 10,500 SH SOLE 10,500 0 0 MEDCO HEALTH SOLUTIONS INC COM 58405U102 19,852 254,541 SH SOLE 254,541 0 0 MEDIACOM COMMUNICATIONS CORP CL A 58446K105 8,721 900,000 SH SOLE 900,000 0 0 MEDTRONIC INC COM 585055106 140,525 2,709,700 SH SOLE 2,709,700 0 0 MELLON FINL CORP COM 58551A108 50,477 1,147,200 SH SOLE 1,147,200 0 0 MEMC ELECTR MATLS INC COM 552715104 40,657 665,200 SH SOLE 665,200 0 0 MERCK & CO INC COM 589331107 241,958 4,858,600 SH SOLE 4,858,600 0 0 MEREDITH CORP COM 589433101 2,132 34,618 SH SOLE 34,618 0 0 MERRILL LYNCH & CO INC COM 590188108 41,999 502,500 SH SOLE 502,500 0 0 METABASIS THERAPEUTICS INC COM 59101M105 1,786 255,200 SH SOLE 255,200 0 0 METLIFE INC COM 59156R108 55,279 857,300 SH SOLE 857,300 0 0 MGI PHARMA INC COM 552880106 100,931 4,511,900 SH SOLE 4,511,900 0 0 MGIC INVT CORP WIS COM 552848103 74 1,300 SH SOLE 1,300 0 0 MICRON TECHNOLOGY INC COM 595112103 8,202 654,600 SH SOLE 654,600 0 0 MICROSOFT CORP COM 594918104 221,723 7,523,700 SH SOLE 7,523,700 0 0 MILLIPORE CORP COM 601073109 3,462 46,100 SH SOLE 46,100 0 0 MINE SAFETY APPLIANCES CO COM 602720104 985 22,500 SH SOLE 22,500 0 0 MIRANT CORP NEW *W EXP 01/03/201 60467R118 147 6,400 SH SOLE 6,400 0 0 MIRANT CORP NEW *W EXP 01/03/201 60467R126 248 10,200 SH SOLE 10,200 0 0 MOBILITY ELECTRONICS INC COM 60741U101 27,708 7,349,500 SH SOLE 7,349,500 0 0 MOLEX INC COM 608554101 540 17,996 SH SOLE 17,996 0 0 MOLEX INC CL A 608554200 2,788 105,000 SH SOLE 105,000 0 0 MONSANTO CO NEW COM 61166W101 32,697 484,111 SH SOLE 484,111 0 0 MONSTER WORLDWIDE INC COM 611742107 4,796 116,700 SH SOLE 116,700 0 0 MOODYS CORP COM 615369105 4,142 66,584 SH SOLE 66,584 0 0 MORGAN STANLEY COM NEW 617446448 84,790 1,217,716 SH SOLE 1,217,716 0 0 MOTOROLA INC COM 620076109 28,739 1,623,649 SH SOLE 1,623,649 0 0 NABORS INDUSTRIES LTD SHS G6359F103 10,037 300,700 SH SOLE 300,700 0 0 NATIONAL OILWELL VARCO INC COM 637071101 33,801 324,261 SH SOLE 324,261 0 0 NATIONAL SEMICONDUCTOR CORP COM 637640103 7,181 254,000 SH SOLE 254,000 0 0 NCR CORP NEW COM 62886E108 8,438 160,600 SH SOLE 160,600 0 0 NETWORK APPLIANCE INC COM 64120L104 9,604 328,900 SH SOLE 328,900 0 0 NEW YORK TIMES CO CL A 650111107 3,340 131,500 SH SOLE 131,500 0 0 NEWELL RUBBERMAID INC COM 651229106 44,631 1,516,517 SH SOLE 1,516,517 0 0 NEWMONT MINING CORP COM 651639106 15,741 403,000 SH SOLE 403,000 0 0 NEWS CORP CL A 65248E104 43,517 2,051,701 SH SOLE 2,051,701 0 0 NIKE INC CL B 654106103 13,152 225,634 SH SOLE 225,634 0 0 NOBLE CORPORATION SHS G65422100 57,946 594,200 SH SOLE 594,200 0 0 NORDSON CORP COM 655663102 4,513 89,978 SH SOLE 89,978 0 0 NORFOLK SOUTHERN CORP COM 655844108 18,558 353,006 SH SOLE 353,006 0 0 NOVELL INC COM 670006105 2,280 292,700 SH SOLE 292,700 0 0 NOVELLUS SYS INC COM 670008101 823 29,000 SH SOLE 29,000 0 0 NU SKIN ENTERPRISES INC CL A 67018T105 10,395 630,000 SH SOLE 630,000 0 0 NUCOR CORP COM 670346105 18,558 316,417 SH SOLE 316,417 0 0 NVIDIA CORP COM 67066G104 13,384 324,000 SH SOLE 324,000 0 0 OCCIDENTAL PETE CORP DEL COM 674599105 48,417 836,500 SH SOLE 836,500 0 0 OFFICE DEPOT INC COM 676220106 36,096 1,191,300 SH SOLE 1,191,300 0 0 OFFICEMAX INC DEL COM 67622P101 2,607 66,336 SH SOLE 66,336 0 0 OLIN CORP COM PAR $1 680665205 989 47,079 SH SOLE 47,079 0 0 OM GROUP INC COM 670872100 9,938 187,800 SH SOLE 187,800 0 0 OMNICOM GROUP INC COM 681919106 15,633 295,400 SH SOLE 295,400 0 0 OMNOVA SOLUTIONS INC COM 682129101 4,156 687,000 SH SOLE 687,000 0 0 OMRIX BIOPHARMACEUTICALS INC COM 681989109 7,251 230,479 SH SOLE 230,479 0 0 ORACLE CORP COM 68389X105 69,688 3,535,689 SH SOLE 3,535,689 0 0 PACCAR INC COM 693718108 13,580 156,020 SH SOLE 156,020 0 0 PACIFIC SUNWEAR CALIF INC COM 694873100 140,387 6,381,243 SH SOLE 6,381,243 0 0 PACTIV CORP COM 695257105 3,746 117,479 SH SOLE 117,479 0 0 PALL CORP COM 696429307 4,858 105,634 SH SOLE 105,634 0 0 PANACOS PHARMACEUTICALS INC COM 69811Q106 1,615 500,000 SH SOLE 500,000 0 0 PARKER HANNIFIN CORP COM 701094104 10,120 103,361 SH SOLE 103,361 0 0 PATTERSON COMPANIES INC COM 703395103 4,633 124,300 SH SOLE 124,300 0 0 PAYCHEX INC COM 704326107 11,879 303,646 SH SOLE 303,646 0 0 PEABODY ENERGY CORP COM 704549104 11,403 235,700 SH SOLE 235,700 0 0 PEPSICO INC COM 713448108 172,014 2,652,498 SH SOLE 2,652,498 0 0 PERKINELMER INC COM 714046109 2,829 108,557 SH SOLE 108,557 0 0 PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V101 89,654 840,400 SH SOLE 840,400 0 0 PFIZER INC COM 717081103 122,554 4,792,894 SH SOLE 4,792,894 0 0 PGT INC COM 69336V101 10,930 1,000,000 SH SOLE 1,000,000 0 0 PHARMASSET INC COM 71715N106 2,185 250,000 SH SOLE 250,000 0 0 PHARMION CORP COM 71715B409 3,164 109,300 SH SOLE 109,300 0 0 PHYSICIANS FORMULA HLDGS INC COM 719427106 2,956 188,000 SH SOLE 188,000 0 0 PIER 1 IMPORTS INC COM 720279108 13,584 1,600,000 SH SOLE 1,600,000 0 0 PINNACLE WEST CAP CORP COM 723484101 3,985 100,000 SH SOLE 100,000 0 0 PIONEER COS INC COM NEW 723643300 4,228 123,000 SH SOLE 123,000 0 0 PITNEY BOWES INC COM 724479100 9,186 196,196 SH SOLE 196,196 0 0 PLATINUM UNDERWRITER HLDGS L COM G7127P100 19,105 549,796 SH SOLE 549,796 0 0 PLUM CREEK TIMBER CO INC COM 729251108 6,535 156,866 SH SOLE 156,866 0 0 PMC-SIERRA INC COM 69344F106 93,245 12,062,700 SH SOLE 12,062,700 0 0 PNC FINL SVCS GROUP INC COM 693475105 87,313 1,219,800 SH SOLE 1,219,800 0 0 POZEN INC COM 73941U102 2,711 150,000 SH SOLE 150,000 0 0 PPL CORP COM 69351T106 15,955 341,000 SH SOLE 341,000 0 0 PRAXAIR INC COM 74005P104 3,225 44,800 SH SOLE 44,800 0 0 PRICE T ROWE GROUP INC COM 74144T108 12,313 237,300 SH SOLE 237,300 0 0 PRINCIPAL FINANCIAL GROUP IN COM 74251V102 8,032 137,800 SH SOLE 137,800 0 0 PROCTER & GAMBLE CO COM 742718109 260,274 4,253,539 SH SOLE 4,253,539 0 0 PROGRESS ENERGY INC COM 743263105 9,638 211,400 SH SOLE 211,400 0 0 PROLOGIS SH BEN INT 743410102 7,391 129,900 SH SOLE 129,900 0 0 PRUDENTIAL FINL INC COM 744320102 48,596 499,800 SH SOLE 499,800 0 0 PUBLIC SVC ENTERPRISE GROUP COM 744573106 19,185 218,558 SH SOLE 218,558 0 0 PULTE HOMES INC COM 745867101 4,221 187,996 SH SOLE 187,996 0 0 QLOGIC CORP COM 747277101 2,328 139,800 SH SOLE 139,800 0 0 QUALCOMM INC COM 747525103 64,662 1,490,250 SH SOLE 1,490,250 0 0 QUEST DIAGNOSTICS INC COM 74834L100 3,466 67,100 SH SOLE 67,100 0 0 QUESTAR CORP COM 748356102 37,185 703,600 SH SOLE 703,600 0 0 QUESTCOR PHARMACEUTICALS INC COM 74835Y101 257 570,600 SH SOLE 570,600 0 0 QWEST COMMUNICATIONS INTL IN COM 749121109 25,174 2,595,300 SH SOLE 2,595,300 0 0 RADIAN GROUP INC COM 750236101 3,672 68,000 SH SOLE 68,000 0 0 RADIO ONE INC CL D NON VTG 75040P405 2,824 400,000 SH SOLE 400,000 0 0 RAYTHEON CO COM NEW 755111507 154,866 2,873,740 SH SOLE 2,873,740 0 0 REGAL BELOIT CORP COM 758750103 84,534 1,816,373 SH SOLE 1,816,373 0 0 REGIONS FINANCIAL CORP NEW COM 7591EP100 11,376 343,700 SH SOLE 343,700 0 0 RETAIL VENTURES INC COM 76128Y102 6,605 409,500 SH SOLE 409,500 0 0 REYNOLDS AMERICAN INC COM 761713106 9,800 150,300 SH SOLE 150,300 0 0 ROBERT HALF INTL INC COM 770323103 5,263 144,200 SH SOLE 144,200 0 0 ROCKWELL COLLINS INC COM 774341101 20,657 292,428 SH SOLE 292,428 0 0 ROWAN COS INC COM 779382100 20,867 509,200 SH SOLE 509,200 0 0 ROYAL DUTCH SHELL PLC SPON ADR B 780259107 23,313 279,700 SH SOLE 279,700 0 0 ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 26,585 327,400 SH SOLE 327,400 0 0 RYDER SYS INC COM 783549108 2,830 52,600 SH SOLE 52,600 0 0 SAFEWAY INC COM NEW 786514208 13,419 394,340 SH SOLE 394,340 0 0 SANDISK CORP COM 80004C101 1,517 31,000 SH SOLE 31,000 0 0 SAVVIS INC COM NEW 805423308 5,694 115,000 SH SOLE 115,000 0 0 SCHERING PLOUGH CORP COM 806605101 58,506 1,922,000 SH SOLE 1,922,000 0 0 SCHLUMBERGER LTD COM 806857108 100,449 1,182,584 SH SOLE 1,182,584 0 0 SCHWAB CHARLES CORP NEW COM 808513105 18,270 890,375 SH SOLE 890,375 0 0 SCOTTS MIRACLE GRO CO CL A 810186106 7,300 170,000 SH SOLE 170,000 0 0 SEARS HLDGS CORP COM 812350106 11,990 70,740 SH SOLE 70,740 0 0 SELECTICA INC COM 816288104 1,445 752,400 SH SOLE 752,400 0 0 SEMCO ENERGY INC COM 78412D109 1,007 129,600 SH SOLE 129,600 0 0 SEMPRA ENERGY COM 816851109 25,463 429,900 SH SOLE 429,900 0 0 SERVICEMASTER CO COM 81760N109 19,325 1,250,000 SH SOLE 1,250,000 0 0 SHERWIN WILLIAMS CO COM 824348106 27,313 410,900 SH SOLE 410,900 0 0 SHIRE PLC SPONSORED ADR 82481R106 29,696 400,600 SH SOLE 400,600 0 0 SHOE PAVILION INC COM 824894109 1,475 500,000 SH SOLE 500,000 0 0 SIGMA ALDRICH CORP COM 826552101 4,933 115,607 SH SOLE 115,607 0 0 SIMON PPTY GROUP INC NEW COM 828806109 18,915 203,300 SH SOLE 203,300 0 0 SIRF TECHNOLOGY HLDGS INC COM 82967H101 9,457 456,000 SH SOLE 456,000 0 0 SLM CORP COM 78442P106 21,017 365,000 SH SOLE 365,000 0 0 SMITH INTL INC COM 832110100 14,021 239,100 SH SOLE 239,100 0 0 SMITHFIELD FOODS INC COM 832248108 49,683 1,613,600 SH SOLE 1,613,600 0 0 SNAP ON INC COM 833034101 2,500 49,500 SH SOLE 49,500 0 0 SOLECTRON CORP COM 834182107 2,860 777,300 SH SOLE 777,300 0 0 SONY CORP ADR NEW 835699307 21,062 410,000 SH SOLE 410,000 0 0 SOUTHERN CO COM 842587107 55,893 1,630,000 SH SOLE 1,630,000 0 0 SOUTHWEST AIRLS CO COM 844741108 10,365 695,180 SH SOLE 695,180 0 0 SOVEREIGN BANCORP INC COM 845905108 6,678 315,900 SH SOLE 315,900 0 0 SPECTRA ENERGY CORP COM 847560109 15,343 591,026 SH SOLE 591,026 0 0 SPECTRUM BRANDS INC COM 84762L105 25,986 3,838,400 SH SOLE 3,838,400 0 0 SPIRIT FIN CORP COM 848568309 8,466 581,478 SH SOLE 581,478 0 0 SPRINT NEXTEL CORP COM FON 852061100 53,453 2,581,017 SH SOLE 2,581,017 0 0 SPX CORP COM 784635104 29,873 340,200 SH SOLE 340,200 0 0 SRA INTL INC CL A 78464R105 8,996 356,145 SH SOLE 356,145 0 0 ST JUDE MED INC COM 790849103 23,139 557,700 SH SOLE 557,700 0 0 STANDARD PAC CORP NEW COM 85375C101 5,259 300,000 SH SOLE 300,000 0 0 STAPLES INC COM 855030102 46,328 1,952,300 SH SOLE 1,952,300 0 0 STARBUCKS CORP COM 855244109 8,743 333,200 SH SOLE 333,200 0 0 STARWOOD HOTELS&RESORTS WRLD COM 85590A401 12,891 192,200 SH SOLE 192,200 0 0 STATE STR CORP COM 857477103 18,064 264,100 SH SOLE 264,100 0 0 STEEL DYNAMICS INC COM 858119100 4,191 100,000 SH SOLE 100,000 0 0 STRYKER CORP COM 863667101 4,322 68,500 SH SOLE 68,500 0 0 SUN MICROSYSTEMS INC COM 866810104 16,827 3,199,000 SH SOLE 3,199,000 0 0 SUNCOR ENERGY INC COM 867229106 4,046 45,000 SH SOLE 45,000 0 0 SUNTRUST BKS INC COM 867914103 27,137 316,504 SH SOLE 316,504 0 0 SUPERVALU INC COM 868536103 8,520 183,944 SH SOLE 183,944 0 0 SWITCH & DATA FACILITIES COM COM 871043105 2,418 126,000 SH SOLE 126,000 0 0 SYMANTEC CORP COM 871503108 16,420 812,859 SH SOLE 812,859 0 0 SYNOVUS FINL CORP COM 87161C105 8,823 287,400 SH SOLE 287,400 0 0 SYSCO CORP COM 871829107 18,106 548,824 SH SOLE 548,824 0 0 TALBOTS INC COM 874161102 3,229 128,997 SH SOLE 128,997 0 0 TARGET CORP COM 87612E106 42,055 661,243 SH SOLE 661,243 0 0 TCF FINL CORP COM 872275102 22,568 811,800 SH SOLE 811,800 0 0 TECO ENERGY INC COM 872375100 4,195 244,200 SH SOLE 244,200 0 0 TEKTRONIX INC COM 879131100 2,095 62,100 SH SOLE 62,100 0 0 TELLABS INC COM 879664100 4,125 383,400 SH SOLE 383,400 0 0 TEMPLE INLAND INC COM 879868107 5,724 93,030 SH SOLE 93,030 0 0 TEREX CORP NEW COM 880779103 7,144 87,867 SH SOLE 87,867 0 0 TESSERA TECHNOLOGIES INC COM 88164L100 17,501 431,600 SH SOLE 431,600 0 0 TEXAS INSTRS INC COM 882508104 43,406 1,153,500 SH SOLE 1,153,500 0 0 TEXAS ROADHOUSE INC CL A 882681109 13,174 1,030,000 SH SOLE 1,030,000 0 0 TEXTRON INC COM 883203101 137,059 1,244,748 SH SOLE 1,244,748 0 0 THERMO FISHER SCIENTIFIC INC COM 883556102 18,940 366,195 SH SOLE 366,195 0 0 THORATEC CORP COM NEW 885175307 12,873 700,000 SH SOLE 700,000 0 0 TIFFANY & CO NEW COM 886547108 6,483 122,175 SH SOLE 122,175 0 0 TIME WARNER INC COM 887317105 94,846 4,507,910 SH SOLE 4,507,910 0 0 TIME WARNER TELECOM INC CL A 887319101 63,464 3,157,430 SH SOLE 3,157,430 0 0 TJX COS INC NEW COM 872540109 258,576 9,402,764 SH SOLE 9,402,764 0 0 TODCO COM 88889T107 7,544 159,800 SH SOLE 159,800 0 0 TOTAL S A SPONSORED ADR 89151E109 59,933 740,100 SH SOLE 740,100 0 0 TRANSOCEAN INC ORD G90078109 36,802 347,250 SH SOLE 347,250 0 0 TRAVELERS COMPANIES INC COM 89417E109 47,282 883,782 SH SOLE 883,782 0 0 TRIBUNE CO NEW COM 896047107 125 4,254 SH SOLE 4,254 0 0 TRIDENT MICROSYSTEMS INC COM 895919108 60,206 3,281,000 SH SOLE 3,281,000 0 0 TRINITY INDS INC COM 896522109 8,051 184,900 SH SOLE 184,900 0 0 TWEETER HOME ENTMT GROUP INC COM 901167106 290 1,707,062 SH SOLE 1,707,062 0 0 TXU CORP COM 873168108 53,840 800,000 SH SOLE 800,000 0 0 TYCO ELECTRONICS LTD WHEN ISSUED G9144P105 5,898 151,000 SH SOLE 151,000 0 0 TYCO INTL LTD NEW COM 902124106 16,895 500,000 SH SOLE 500,000 0 0 UMPQUA HLDGS CORP COM 904214103 6,541 278,223 SH SOLE 278,223 0 0 UNILEVER N V N Y SHS NEW 904784709 10,212 329,200 SH SOLE 329,200 0 0 UNION PAC CORP COM 907818108 27,720 240,733 SH SOLE 240,733 0 0 UNISYS CORP COM 909214108 2,664 291,500 SH SOLE 291,500 0 0 UNITED PARCEL SERVICE INC CL B 911312106 69,219 948,200 SH SOLE 948,200 0 0 UNITED TECHNOLOGIES CORP COM 913017109 70,668 996,300 SH SOLE 996,300 0 0 UNITEDHEALTH GROUP INC COM 91324P102 61,051 1,193,800 SH SOLE 1,193,800 0 0 UNUM GROUP COM 91529Y106 4,553 174,374 SH SOLE 174,374 0 0 URBAN OUTFITTERS INC COM 917047102 29,851 1,242,251 SH SOLE 1,242,251 0 0 US BANCORP DEL COM NEW 902973304 19,467 590,818 SH SOLE 590,818 0 0 V F CORP COM 918204108 3,707 40,474 SH SOLE 40,474 0 0 VALERO ENERGY CORP NEW COM 91913Y100 22,365 302,800 SH SOLE 302,800 0 0 VENOCO INC COM 92275P307 2,334 125,000 SH SOLE 125,000 0 0 VENTAS INC COM 92276F100 37,341 1,030,100 SH SOLE 1,030,100 0 0 VERISIGN INC COM 92343E102 4,347 137,000 SH SOLE 137,000 0 0 VERIZON COMMUNICATIONS COM 92343V104 126,237 3,066,241 SH SOLE 3,066,241 0 0 VERTEX PHARMACEUTICALS INC COM 92532F100 135,660 4,750,000 SH SOLE 4,750,000 0 0 VIACOM INC NEW CL B 92553P201 55,980 1,344,701 SH SOLE 1,344,701 0 0 VOLCANO CORPORATION COM 928645100 19,189 949,474 SH SOLE 949,474 0 0 VULCAN MATLS CO COM 929160109 9,429 82,321 SH SOLE 82,321 0 0 WACHOVIA CORP NEW COM 929903102 48,035 937,262 SH SOLE 937,262 0 0 WAL MART STORES INC COM 931142103 99,549 2,069,192 SH SOLE 2,069,192 0 0 WALGREEN CO COM 931422109 37,706 865,997 SH SOLE 865,997 0 0 WASHINGTON MUT INC COM 939322103 6,902 161,861 SH SOLE 161,861 0 0 WASTE MGMT INC DEL COM 94106L109 17,995 460,827 SH SOLE 460,827 0 0 WATERS CORP COM 941848103 5,326 89,721 SH SOLE 89,721 0 0 WATSCO INC COM 942622200 23,609 433,980 SH SOLE 433,980 0 0 WATTS WATER TECHNOLOGIES INC CL A 942749102 2 54 SH SOLE 54 0 0 WEATHERFORD INTERNATIONAL LT COM G95089101 7,430 134,500 SH SOLE 134,500 0 0 WELLPOINT INC COM 94973V107 43,092 539,800 SH SOLE 539,800 0 0 WELLS FARGO & CO NEW COM 949746101 150,133 4,268,768 SH SOLE 4,268,768 0 0 WENDYS INTL INC COM 950590109 2,789 75,900 SH SOLE 75,900 0 0 WESTERN UN CO COM 959802109 14,298 686,393 SH SOLE 686,393 0 0 WESTWOOD ONE INC COM 961815107 539 75,000 SH SOLE 75,000 0 0 WET SEAL INC CL A 961840105 14,545 2,420,099 SH SOLE 2,420,099 0 0 WEYERHAEUSER CO COM 962166104 14,749 186,861 SH SOLE 186,861 0 0 WHEELING PITTSBURGH CORP COM NEW 963142302 6,062 318,547 SH SOLE 318,547 0 0 WHOLE FOODS MKT INC COM 966837106 4,742 123,800 SH SOLE 123,800 0 0 WILLIAMS COS INC DEL COM 969457100 61,158 1,934,150 SH SOLE 1,934,150 0 0 WILLIS GROUP HOLDINGS LTD SHS G96655108 3,794 86,100 SH SOLE 86,100 0 0 WILMINGTON TRUST CORP COM 971807102 4,765 114,800 SH SOLE 114,800 0 0 WYETH COM 983024100 96,692 1,686,300 SH SOLE 1,686,300 0 0 WYNDHAM WORLDWIDE CORP COM 98310W108 5,907 162,893 SH SOLE 162,893 0 0 XCEL ENERGY INC COM 98389B100 5,856 286,100 SH SOLE 286,100 0 0 XILINX INC COM 983919101 7,134 266,500 SH SOLE 266,500 0 0 XTO ENERGY INC COM 98385X106 28,489 474,033 SH SOLE 474,033 0 0 YAHOO INC COM 984332106 29,458 1,085,800 SH SOLE 1,085,800 0 0 YUM BRANDS INC COM 988498101 15,045 459,800 SH SOLE 459,800 0 0 ZIMMER HLDGS INC COM 98956P102 9,083 107,000 SH SOLE 107,000 0 0 ZIONS BANCORPORATION COM 989701107 7,383 96,000 SH SOLE 96,000 0 0 CSX CORP P40 AUG07 Put Option US 1264088TH 13,524 300,000 SH PUT SOLE 300,000 0 0 TEXTRON P110 JUL07 Put Option US 8832038SB 44,044 400,000 SH PUT SOLE 400,000 0 0