13F-HR 1 f13-0305.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13f Cover Page Report for the Quarter Ended March 31, 2005 If amended report check here: | | Amendment Number: This Amendment (Check only one): | | is a restatement | | adds new holding entries. Bear Steans Asset Management Inc. -------------------------------------------------------------------------------- Name of Institutional Investment Manager 383 Madison Avenue, New York, N.Y. 10179 -------------------------------------------------------------------------------- Business Address (Street) (City) (State) (Zip) 13F File Number: 28-4205 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Marisol Farley Vice President (800) 436-4148 -------------------------------------------------------------------------------- Name (Title) (Phone) /s/ Marisol Farley ------------------------------------------ (Manual Signature of Person Duly Authorized to Submit This Report) New York, 5/13/2005 ------------------------------------------ (Place and Date of Signing) Report Type: [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 902 Form 13F Information Table Value Total: $11,719,994 (thousands) List of Other Included Managers: Name and 13F file numbers of ALL Institutional Investment Managers with respect to which this schedule is filed (other than the one filing this report): (List in alphabetical order). [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] 13F File Numbers will be assigned to Institutional Investment Managers after they file their first report. 13F File No.: Name: 13F File No.: Name: ------------- --------------------- ------------- --------------------- 1. 6. ------------- --------------------- ------------- --------------------- 2. 7. ------------- --------------------- ------------- --------------------- 3. 8. ------------- --------------------- ------------- --------------------- 4. 9. ------------- --------------------- ------------- --------------------- 5. 10. ------------- --------------------- ------------- --------------------- FORM 13F INFORMATION TABLE
------------------------------------------------------------------------------------------------------------------------------- ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 ------ -------------- ------ ------ ----------- ---------- -------- --------------- VALUE SHARES/ SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ---------------------------------------------------------------------------------------------------------------------------------- ***POSCO COMMON 693483109 1197 24259 SH SOLE 0 24259 0 21ST CENTURY INSURANCE GROUP COMMON 90130N103 977 70000 SH SOLE 70000 0 0 7-ELEVEN INC COMMON 817826209 395 16450 SH SOLE 15874 576 0 A T & T CORP COMMON 001957505 6613 352712 SH SH 10236 342476 0 ABBOTT LABORATORIES COMMON 002824100 3326 71339 SH SOLE 66294 0 5045 ABBOTT LABS COMMON 002824100 5687 121982 SH SH 0 121982 0 ABERCROMBIE & FITCH CO-CL A COMMON 002896207 2105 36769 SH SOLE 30868 3101 2800 ABN AMRO HOLDING NV-SP ADR COMMON 000937102 935 37700 SH SH 0 37700 0 ADOBE SYSTEMS INC COMMON 00724F101 9763 145350 SH SH 5687 139663 0 ADTRAN INC COMMON 00738A106 2099 119000 SH SOLE 119000 0 0 ADVANCED MICRO DEVICES COMMON 007903107 22994 1426438 SH SH 1071706 354732 0 ADVANTA CORP-CL B COMMON 007942204 2735 118900 SH SH 0 118900 0 AES CORP COMMON 00130H105 40024 2443471 SH SH 353507 2080864 9100 AETNA INC-NEW COMMON 00817Y108 13346 178073 SH SH 38040 140033 0 AFFILIATED MANAGERS GROUP COMMON 008252108 26673 430000 SH SH 0 430000 0 AFLAC INC COMMON 001055102 1036 27800 SH SH 0 27800 0 AGCO CORP COMMON 001084102 991 54300 SH SOLE 54300 0 0 AGILYSYS INC COMMON 00847J105 2141 108871 SH SOLE 103587 5284 0 AGRIUM INC COMMON 008916108 617 33831 SH SOLE 25478 8353 0 AK STEEL HOLDING CORP COMMON 001547108 16223 1466806 SH SH 531268 790038 145500 ALAMOSA HLDGS INC COM COMMON 011589108 393 33686 SH SOLE 0 33686 0 ALAMOSA HOLDINGS INC COMMON 011589108 10938 937285 SH SH 87245 850040 0 ALASKA AIR GROUP INC COMMON 011659109 800 27179 SH SOLE 1465 25714 0 ALASKA COMM SYSTEMS GROUP COMMON 01167P101 9248 920173 SH SH 393573 304400 222200 ALBERTO-CULVER CO COMMON 013068101 356 7424 SH SOLE 5111 2313 0 ALBERTSON'S INC COMMON 013104104 6413 310526 SH SOLE 265238 45288 0 ALDERWOODS GROUP INC COMMON 014383103 2276 182973 SH SH 8873 174100 0 ALLEGHENY ENERGY INC COMMON 017361106 947 45833 SH SOLE 3227 42606 0 ALLEGHENY TECHNOLOGIES INC COMMON 01741R102 597 24743 SH SOLE 24743 0 0 ALLEGHENY TECHNOLOGIES INC COM COMMON 01741R102 720 29860 SH SH 0 29860 0 ALLIANCE IMAGING INC COMMON 018606202 11704 1225561 SH SH 355561 726500 143500 ALLIED IRISH BANKS-SPONS ADR COMMON 019228402 1018 24400 SH SH 0 24400 0 ALLMERICA FINANCIAL CORP COMMON 019754100 1029 28634 SH SOLE 27605 1029 0 ALLOY INC COMMON 019855105 302 51400 SH SOLE 51400 0 0 ALLSTATE CORP COMMON 020002101 29272 541471 SH SH 171 540000 1300 ALLTEL CORP COMMON 020039103 6926 126270 SH SH 45370 80900 0 ALPHARMA INC CL A COMMON 020813101 1762 143029 SH SH 0 143029 0 ALPHARMA INC-CL A COMMON 020813101 1108 89957 SH SOLE 89957 0 0 ALTRIA GROUP INC COMMON 02209S103 165043 2523975 SH SH 1765142 408663 350170 ALTRIA GROUP INC COM COMMON 02209S103 5287 80849 SH SOLE 0 80849 0 AMBAC FINANCIAL GROUP INC COMMON 023139108 27418 366800 SH SH 26800 340000 0 AMCOL INTERNATIONAL CORP COMMON 02341W103 2343 124900 SH SH 0 124900 0 AMERADA HESS CORP COMMON 023551104 1240 12887 SH SOLE 12887 0 0 AMERADA HESS CORP COMMON 023551104 684 7108 SH SH 0 7108 0 AMERCO INC COMMON 023586100 9318 201262 SH SH 109762 49400 42100 AMERCO INC COM COMMON 023586100 263 5691 SH SOLE 0 5691 0 AMEREN CORPORATION COMMON 023608102 7611 155300 SH SOLE 155300 0 0 AMERICAN EAGLE OUTFITTERS COMMON 02553E106 4860 164462 SH SOLE 102322 56340 5800 AMERICAN EXPRESS CO COMMON 025816109 4490 87398 SH SOLE 0 87398 0 AMERICAN EXPRESS COMPANY COMMON 025816109 138145 2689217 SH SH 2041092 86900 561225 AMERICAN INTERNATIONAL GROUP COMMON 026874107 257232 4642336 SH SH 3534255 150000 958081 AMERICAN INTL GROUP INC COM COMMON 026874107 7460 134634 SH SOLE 0 134634 0 AMERICAN PHYSICIANS CAP INC COMMON 028884104 4312 125829 SH SH 55629 70200 0 AMERICAN RETIREMENT CORP COMMON 028913101 18702 1286226 SH SH 387326 741000 157900 AMERICAN RETIREMENT CORP COM COMMON 028913101 202 13886 SH SOLE 0 13886 0 AMERICAN WOODMARK CORP COMMON 030506109 424 11677 SH SOLE 11129 548 0 AMERIGROUP CORPORATION COMMON 03073T102 2903 79406 SH SOLE 31160 846 47400 AMERISOURCEBERGEN CORP COMMON 03073E105 4173 72842 SH SOLE 70635 2207 0 AMERISTAR CASINOS INC COMMON 03070Q101 3517 64313 SH SH 5713 58600 0 AMERUS GROUP CO COMMON 03072M108 983 20800 SH SOLE 20800 0 0 AMGEN INC COMMON 031162100 2017 34643 SH SOLE 34643 0 0 AMGEN INC COM COMMON 031162100 224 3853 SH SH 0 3853 0 AMKOR TECHNOLOGY INC COMMON 031652100 147 37955 SH SOLE 37955 0 0 AMKOR TECHNOLOGY INC COM COMMON 031652100 244 63133 SH SH 0 63133 0 AMSOUTH BANCORPORATION COMMON 032165102 7022 270615 SH SOLE 250692 19923 0 ANADARKO PETE CORP COM COMMON 032511107 389 5112 SH SH 0 5112 0 ANADARKO PETROLEUM CORP COMMON 032511107 611 8029 SH SOLE 7229 0 800 ANALOG DEVICES COMMON 032654105 2017 55800 SH SOLE 55800 0 0 ANDERSONS INC/THE COMMON 034164103 1039 33500 SH SOLE 33500 0 0 ANHEUSER-BUSCH COS INC COMMON 035229103 10511 221797 SH SH 3302 218495 0 ANIXTER INTERNATIONAL INC COMMON 035290105 1311 36281 SH SOLE 28911 7370 0 APACHE CORP COMMON 037411105 30010 490121 SH SH 121 490000 0 APOLLO GROUP INC-CL A COMMON 037604105 6203 83753 SH SH 2928 80825 0 APPLE COMPUTER INC COMMON 037833100 23633 567137 SH SH 105820 457917 3400 APPLEBEE'S INTL INC COMMON 037899101 16263 590100 SH SOLE 590100 0 0 APPLIED INDUSTRIAL TECH INC COMMON 03820C105 5454 200504 SH SH 100282 100222 0 APPLIED MATERIALS INC COMMON 038222105 2238 137726 SH SOLE 121469 16257 0 APRIA HEALTHCARE GROUP INC COM COMMON 037933108 764 23801 SH SH 0 23801 0 ARCH CAPITAL GROUP LTD COMMON G0450A105 718 17920 SH SOLE 2195 15725 0 ARCHER DANIELS MIDLAND COMMON 039483102 243 9892 SH SOLE 0 9892 0 ARCHER-DANIELS-MIDLAND CO COMMON 039483102 6650 270549 SH SH 8953 261596 0 ARMOR HOLDINGS INC COMMON 042260109 1031 27778 SH SOLE 7488 20290 0 "ARVINMENTOR, INC" COMMON 043353101 1197 77360 SH SH 0 77360 0 ARVINMERITOR INC COMMON 043353101 949 61342 SH SOLE 61342 0 0 ASBURY AUTOMOTIVE GROUP COMMON 043436104 262 16984 SH SOLE 15500 1484 0 AUST & NZ BNKG GRP-SPON ADR COMMON 052528304 1044 13100 SH SH 0 13100 0 AUTODESK INC COMMON 052769106 14576 489767 SH SH 100186 384581 5000 AUTOLIV INC COMMON 052800109 14514 304598 SH SH 199198 105400 0 AUTOMATIC DATA PROCESSING COMMON 053015103 4710 104800 SH SOLE 84950 0 19850 AUTONATION INC COMMON 05329W102 6227 328758 SH SH 45458 283300 0 AUTOZONE INC COMMON 053332102 14642 170851 SH SH 32151 138700 0 AVAYA INC COMMON 053499109 2637 225793 SH SOLE 225793 0 0 AVIALL INC COMMON 05366B102 5467 195267 SH SH 115567 79700 0 AVID TECHNOLOGY INC COMMON 05367P100 252 4662 SH SOLE 4492 170 0 AVNET INC COM COMMON 053807103 1133 61515 SH SH 0 61515 0 AVON PRODS INC COM COMMON 054303102 918 21384 SH SH 0 21384 0 AVON PRODUCTS INC COMMON 054303102 225 5236 SH SOLE 5236 0 0 B P AMOCO ADS COMMON 055622104 1728 27694 SH SH 0 27694 0 B&G FOODS INC-EIS COMMON 05508R205 1490 100000 SH SOLE 100000 0 0 BANCO BILBAO VIZCAYA-SP ADR COMMON 05946K101 985 60550 SH SH 0 60550 0 BANCO SANTANDER CEN-SPON ADR COMMON 05964H105 1008 82900 SH SH 0 82900 0 BANCOLOMBIA S.A.-SPONS ADR COMMON 05968L102 9021 675246 SH SH 89546 437800 147900 BANK OF AMERICA COMMON 060505104 1930 43765 SH SOLE 0 43765 0 BANK OF AMERICA CORP COMMON 060505104 340066 7711244 SH SH 5135111 1170809 1405324 BANK OF IRELAND-SPONS ADR COMMON 46267Q103 909 14350 SH SH 0 14350 0 BANKRATE INC COMMON 06646V108 14863 1110000 SH SH 0 1110000 0 BARCLAYS PLC -SPONS ADR COMMON 06738E204 947 22850 SH SH 0 22850 0 BARNES & NOBLE INC COM COMMON 067774109 810 23482 SH SH 0 23482 0 BARR PHARMACEUTICALS INC COMMON 068306109 2417 49500 SH SOLE 49500 0 0 BB&T CORPORATION COMMON 054937107 5091 130272 SH SOLE 98257 32015 0 BCE INC COMMON 05534B109 4551 182100 SH SH 0 182100 0 BE AEROSPACE INC COMMON 073302101 4880 406630 SH SH 90630 316000 0 BE AEROSPACE INC COM COMMON 073302101 280 23336 SH SOLE 0 23336 0 BEAZER HOMES USA INC COMMON 07556Q105 507 10173 SH SOLE 2994 4479 2700 BECTON DICKINSON & CO COMMON 075887109 292 4996 SH SOLE 1534 3462 0 BED BATH & BEYOND INC COMMON 075896100 5324 145696 SH SH 2103 143593 0 BELL MICROPRODUCTS INC COMMON 078137106 1031 137774 SH SOLE 135530 2244 0 BELLSOUTH CORP COMMON 079860102 88801 3377731 SH SH 2366150 392300 619281 BELLSOUTH CORP COMMON 079860102 4879 185596 SH SOLE 0 185596 0 BENCHMARK ELECTRONICS INC COMMON 08160H101 1062 33383 SH SOLE 31263 2120 0 BERKSHIRE HATHAWAY INC DEL CL COMMON 084670207 2182 764 SH SOLE 0 764 0 BERKSHIRE HATHAWAY INC-CL B COMMON 084670207 96124 33657 SH SH 26012 1176 6469 BERRY PETE CO CL A COMMON 085789105 426 8281 SH SH 0 8281 0 BERRY PETROLEUM CO-CL A COMMON 085789105 2384 46331 SH SOLE 43831 0 2500 BEVERLY ENTERPRISES INC COMMON 087851309 3791 306207 SH SH 118407 187800 0 BEVERLY ENTERPRISES INC COM NE COMMON 087851309 232 18734 SH SOLE 0 18734 0 BFC FINANCIAL CORPORATION-A COMMON 055384200 102 10769 SH SOLE 10769 0 0 BFC FINL CORP CL A COMMON 055384200 675 71386 SH SH 0 71386 0 BHP BILLITON LTD-SPON ADR COMMON 088606108 7551 269887 SH SH 2976 266911 0 BIG LOTS INC COMMON 089302103 1002 83400 SH SOLE 83400 0 0 BIOGEN IDEC INC COMMON 09062X103 660 19119 SH SOLE 3840 15279 0 BIOMET INC COMMON 090613100 291 8011 SH SOLE 1578 6433 0 BIOSITE INC COMMON 090945106 255 4910 SH SOLE 4910 0 0 BIOSITE INC COM COMMON 090945106 427 8207 SH SH 0 8207 0 BLACK & DECKER CORP COMMON 091797100 2367 29966 SH SOLE 27538 2428 0 BLACKBOARD INC COMMON 091935502 1779 102000 SH SH 0 102000 0 BLOCK H & R INC COMMON 093671105 188500 3726767 SH SH 2673967 330300 722500 BLOCK H & R INC COM COMMON 093671105 5967 117976 SH SOLE 0 117976 0 BLOUNT INTERNATIONAL INC COMMON 095180105 10448 615294 SH SH 194894 307700 112700 BLUEGREEN CORP COMMON 096231105 11367 884603 SH SH 226303 563000 95300 BLUEGREEN CORP COM COMMON 096231105 196 15262 SH SOLE 0 15262 0 BOEING CO COMMON 097023105 10605 181412 SH SOLE 181412 0 0 BOEING CO COM COMMON 097023105 398 6800 SH SH 0 6800 0 BON-TON STORES INC/THE COMMON 09776J101 5220 288545 SH SH 63645 224900 0 BORGWARNER INC COMMON 099724106 6494 133400 SH SOLE 133400 0 0 BOSTON SCIENTIFIC CORP COMMON 101137107 28074 958482 SH SH 68482 890000 0 BP PLC -SPONS ADR COMMON 055622104 655 10496 SH SOLE 10496 0 0 BRASIL DISTR PAO ACU-SP ADR COMMON 20440T201 858 40900 SH SOLE 40900 0 0 BRASKEM SA-SPON ADR COMMON 105532105 277 6833 SH SOLE 5605 1228 0 BRIGGS & STRATTON COMMON 109043109 4026 110566 SH SOLE 110566 0 0 BRIGHTPOINT INC COMMON 109473405 1062 56713 SH SOLE 55200 1513 0 BRINKER INTERNATIONAL INC COMMON 109641100 1097 30271 SH SOLE 30271 0 0 BRISTOL MYERS SQUIBB CO COMMON 110122108 2450 96223 SH SOLE 0 96223 0 BRISTOL-MYERS SQUIBB CO COMMON 110122108 16302 640314 SH SH 302914 337400 0 BRITISH AMERICAN TOB-SP ADR COMMON 110448107 986 27950 SH SH 0 27950 0 BROOKSTONE INC COMMON 114537103 1950 120243 SH SH 2543 117700 0 BRUNSWICK CORP COMMON 117043109 347 7415 SH SOLE 7415 0 0 BUILD-A-BEAR WORKSHOP INC COMMON 120076104 426 13900 SH SOLE 13900 0 0 BUILDING MATERIAL HOLDING CP COMMON 120113105 22434 504362 SH SH 196239 250823 57300 BUNGE LIMITED COMMON G16962105 4499 83501 SH SOLE 81588 1913 0 BURLINGTON NORTHERN SANTA FE COMMON 12189T104 45514 843940 SH SH 146159 697781 0 BURLINGTON RESOURCES INC COMMON 122014103 3988 79648 SH SH 0 79648 0 BURLINGTON RESOURCES INC COMMON 122014103 724 14452 SH SOLE 14452 0 0 CAL DIVE INTERNATIONAL INC COMMON 127914109 2704 59712 SH SOLE 49947 6765 3000 CALPINE CORP COM COMMON 131347106 706 251982 SH SH 0 251982 0 CALPINE CORPORATION COMMON 131347106 87 30827 SH SOLE 30827 0 0 CANADIAN NATL RAILWAY CO COMMON 136375102 6574 103843 SH SH 2486 101357 0 CANADIAN NATL RY CO COM COMMON 136375102 1082 17095 SH SOLE 0 17095 0 CAPITAL ONE FINANCIAL CORP COMMON 14040H105 5271 70491 SH SH 165 70326 0 CAREMARK RX INC COMMON 141705103 5642 141837 SH SH 2265 139572 0 CAREMARK RX INC COM COMMON 141705103 344 8655 SH SOLE 0 8655 0 CARMAX INC COMMON 143130102 1206 38278 SH SOLE 38000 278 0 CARPENTER TECHNOLOGY COMMON 144285103 11585 195007 SH SH 81207 78500 35300 CARPENTER TECHNOLOGY CORP COM COMMON 144285103 573 9650 SH SOLE 0 9650 0 CASCADE CORP COMMON 147195101 2334 66672 SH SOLE 15466 306 50900 CASTLE (A.M.) & CO COMMON 148411101 892 70800 SH SOLE 70800 0 0 CATALINA MARKETING CORP COMMON 148867104 709 27371 SH SOLE 20234 7137 0 CATERPILLAR INC COMMON 149123101 5747 62851 SH SH 2088 60763 0 CATERPILLAR INC COM COMMON 149123101 1458 15943 SH SOLE 0 15943 0 CB RICHARD ELLIS GROUP INC-A COMMON 12497T101 2141 61200 SH SOLE 61200 0 0 CELADON GROUP INC COMMON 150838100 1659 89446 SH SOLE 89191 255 0 CELGENE CORP COMMON 151020104 2118 62200 SH SOLE 62200 0 0 CEMEX SA -SPONS ADR PART CER COMMON 151290889 600 16550 SH SOLE 1067 15483 0 CENTENE CORP COMMON 15135B101 8727 291013 SH SH 72313 158600 60100 CENTENNIAL COMMUNICATIONS COCL COMMON 15133V208 1555 143324 SH SH 0 143324 0 CENTENNIAL COMMUNICATIONS CP COMMON 15133V208 1346 124030 SH SOLE 124030 0 0 CENVEO INC COMMON 15670S105 72 12800 SH SOLE 12800 0 0 CERES GROUP INC COMMON 156772105 58 10767 SH SOLE 10767 0 0 CHAMPION ENTERPRISES INC COMMON 158496109 207 22096 SH SOLE 16644 5452 0 CHARMING SHOPPES COMMON 161133103 192 23641 SH SOLE 23132 509 0 CHATTEM INC COMMON 162456107 941 21164 SH SOLE 21164 0 0 CHATTEM INC COM COMMON 162456107 1018 22890 SH SH 0 22890 0 CHC HELICOPTER CORP-CL A COMMON 12541C203 522 20943 SH SOLE 1747 19196 0 CHEESECAKE FACTORY (THE) COMMON 163072101 8235 232300 SH SOLE 232300 0 0 CHEMED CORP COMMON 16359R103 241 3153 SH SOLE 1254 1899 0 CHEVRON TEXACO CORP COMMON 166764100 181290 3109063 SH SH 2291547 186356 631160 CHEVRONTEXACO CORPORATION COMMON 166764100 701 12024 SH SOLE 0 12024 0 CHICAGO MERCANTILE EXCHANGE COMMON 167760107 1458 7516 SH SOLE 7460 56 0 CHICO'S FAS INC COMMON 168615102 247 8754 SH SOLE 4500 4254 0 CHILDREN'S PLACE COMMON 168905107 2845 59599 SH SOLE 43126 12573 3900 CHINA PETROLEUM & CHEM-ADR COMMON 16941R108 306 7500 SH SOLE 687 6813 0 CHIPMOS TECHNOLOGIES BERMUDA COMMON G2110R106 1119 174355 SH SOLE 174355 0 0 CHIPMOS TECHNOLOGIES BERMUDASH COMMON G2110R106 918 143055 SH SH 0 143055 0 CHIQUITA BRANDS INTL COMMON 170032809 318 11887 SH SOLE 11887 0 0 CHIQUITA BRANDS INTL INC COM COMMON 170032809 1844 68856 SH SH 0 68856 0 CHUNGHWA TELECOM CO LTD-ADR COMMON 17133Q205 315 14864 SH SOLE 3355 11509 0 CHURCH & DWIGHT CO INC COMMON 171340102 29479 831100 SH SOLE 831100 0 0 CIA PARANAENSE ENER-SP ADR P COMMON 20441B407 1027 219400 SH SOLE 219400 0 0 CIBER INC COMMON 17163B102 902 124100 SH SOLE 124100 0 0 CIGNA CORP COMMON 125509109 5392 60386 SH SH 486 59900 0 CIGNA CORP COMMON 125509109 206 2312 SH SOLE 0 2312 0 CINCINNATI BELL INC COMMON 171871106 950 223592 SH SOLE 218100 5492 0 CISCO SYSTEMS INC COMMON 17275R102 38516 2152960 SH SH 308760 1796000 48200 CITIGROUP INC COMMON 172967101 368630 8202728 SH SH 5608342 1068654 1525732 CKE RESTAURANTS INC COMMON 12561E105 567 35758 SH SOLE 6820 28938 0 CLEAN HARBORS INC COMMON 184496107 390 21269 SH SOLE 20333 936 0 CLEAR CHANNEL COMMUNICATIONS COMMON 184502102 123475 3582087 SH SH 2484500 424787 672800 CLEVELAND-CLIFFS INC COMMON 185896107 19357 265639 SH SH 115778 117161 32700 CLOROX COMPANY COMMON 189054109 5163 81971 SH SH 17771 64200 0 CNET NETWORKS INC COMMON 12613R104 32851 3480000 SH SH 0 3480000 0 COACH INC COMMON 189754104 21602 381463 SH SH 275918 105545 0 COACH INC COM COMMON 189754104 880 31072 SH SOLE 0 31072 0 COCA-COLA COMPANY COMMON 191216100 83015 1992202 SH SH 1351270 263432 377500 COGNIZANT TECH SOLUTIONS CL A COMMON 192446102 377 8165 SH SOLE 0 8165 0 COGNIZANT TECH SOLUTIONS CRP COMMON 192446102 6769 146506 SH SH 2471 144035 0 COLDWATER CREEK INC COMMON 193068103 6021 325839 SH SH 36114 289725 0 COLDWATER CREEK INC COM COMMON 193068103 301 16297 SH SOLE 0 16297 0 COLGATE PALMOLIVE CO COMMON 194162103 3152 60424 SH SH 0 60424 0 COLGATE-PALMOLIVE CO COMMON 194162103 341 6547 SH SOLE 6547 0 0 COMCAST CORP NEW COM CL A COMMON 20030N101 3212 95081 SH SOLE 0 95081 0 COMCAST CORP-CL A COMMON 20030N101 94388 2794190 SH SH 2134790 89500 569900 COMCAST CORP-SPECIAL CL A COMMON 20030N200 2338 70000 SH SOLE 70000 0 0 COMERICA INC COMMON 200340107 9883 179436 SH SH 116036 63400 0 COMERICA INC COM COMMON 200340107 785 14255 SH SOLE 0 14255 0 COMMERCIAL METALS CO COMMON 201723103 12532 369792 SH SH 187135 107857 74800 COMMUNITY HEALTH SYSTEMS COMMON 203668108 886 25377 SH SOLE 3549 21828 0 COMPANHIA DE BEBIDAS-PR ADR COMMON 20441W203 1014 35123 SH SOLE 3747 31376 0 COMPUWARE CORP COMMON 205638109 287 39874 SH SOLE 24967 14907 0 CONAGRA FOODS INC COMMON 205887102 20534 759978 SH SH 313078 446900 0 CONAGRA INC COMMON 205887102 1828 67660 SH SOLE 0 67660 0 CONOCOPHILLIPS COMMON 20825C104 171804 1593136 SH SH 1092193 208871 292072 CONSECO INC COMMON 208464883 485 23771 SH SOLE 23771 0 0 CONSOL ENERGY INC COMMON 20854P109 4473 95128 SH SOLE 95000 128 0 CONSOLIDATED EDISON INC COMMON 209115104 7580 179700 SH SOLE 179700 0 0 CONSOLIDATED GRAPHICS INC COMMON 209341106 2841 54004 SH SH 204 53800 0 CONSTELLATION BRANDS INC-A COMMON 21036P108 30188 570993 SH SH 50993 520000 0 CONTINENTAL AIRLINES-CL B COMMON 210795308 13244 1100000 SH SH 0 1100000 0 COPART INC COM COMMON 217204106 402 17069 SH SH 0 17069 0 COUNTRYWIDE FINANCIAL CORP COMMON 222372104 67496 2079341 SH SH 1497594 171447 410300 COVANSYS CORPORATION COMMON 22281W103 390 26114 SH SOLE 14813 11301 0 COVENTRY HEALTH CARE INC COMMON 222862104 45903 673659 SH SH 213659 460000 0 CRAWFORD & CO -CL B COMMON 224633107 88 12258 SH SOLE 4328 7930 0 CREE INC COMMON 225447101 695 31949 SH SOLE 17901 14048 0 CROMPTON CORP COMMON 227116100 14684 1005758 SH SH 850258 144100 11400 CROMPTON CORPORATION COMMON 227116100 1128 77291 SH SOLE 0 77291 0 CROWN HOLDINGS INC COMMON 228368106 6885 442507 SH SOLE 442507 0 0 CROWN HOLDINGS INC COM COMMON 228368106 248 15910 SH SH 0 15910 0 CSG SYSTEMS INTL INC COMMON 126349109 745 45739 SH SOLE 10316 35423 0 CTS CORP COMMON 126501105 941 72400 SH SOLE 72400 0 0 CYTEC INDUSTRIES INC COMMON 232820100 30380 560000 SH SH 0 560000 0 CYTYC CORPORATION COMMON 232946103 232 10093 SH SOLE 2227 7866 0 D R HORTON INC COM COMMON 23331A109 515 17602 SH SH 0 17602 0 DAIMLERCHRYSLER AG COMMON D1668R123 8126 181701 SH SOLE 144788 36913 0 DANA CORP COMMON 235811106 685 53538 SH SOLE 24776 28762 0 DANIELSON HOLDING CORP COMMON 236274106 960 55685 SH SOLE 51960 3725 0 DARDEN RESTAURANTS INC COMMON 237194105 10385 338500 SH SH 0 338500 0 DARLING INTERNATIONAL INC COMMON 237266101 2214 555000 SH SH 0 555000 0 DELL INC COMMON 24702R101 1998 52000 SH SOLE 52000 0 0 DELPHI CORP COMMON 247126105 742 165601 SH SOLE 149843 15758 0 DEUTSCHE BANK AG -REG COMMON D18190898 10066 116771 SH SH 71 116700 0 DEVON ENERGY CORP NEW COMMON 25179M103 238 4982 SH SOLE 0 4982 0 DEVON ENERGY CORPORATION COMMON 25179M103 35340 740113 SH SH 62113 670000 8000 DIAGEO PLC-SPONSORED ADR COMMON 25243Q205 1357 23847 SH SOLE 1086 22761 0 DIAMOND OFFSHORE DRILLING COMMON 25271C102 3063 61378 SH SOLE 40680 17598 3100 DILLARDS INC CL A COMMON 254067101 573 21285 SH SOLE 0 21285 0 DIXIE GROUP INC COMMON 255519100 1696 107251 SH SOLE 89741 8810 8700 DONEGAL GROUP INC-CL A COMMON 257701201 913 50267 SH SOLE 50267 0 0 DONNELLEY (R.R.) & SONS CO COMMON 257867101 4733 149667 SH SOLE 121047 28620 0 DOUBLECLICK INC COMMON 258609304 120 15510 SH SOLE 9298 6212 0 DOVER CORP COMMON 260003108 208 5500 SH SH 0 5500 0 DOW CHEMICAL COMMON 260543103 28459 570885 SH SH 452275 118610 0 DOW CHEMICAL CORP COMMON 260543103 255 5113 SH SOLE 0 5113 0 DR HORTON INC COMMON 23331A109 566 19363 SH SOLE 19363 0 0 DREW INDUSTRIES INC COMMON 26168L205 2228 59183 SH SH 1283 57900 0 DU PONT (E.I.) DE NEMOURS COMMON 263534109 2691 52512 SH SOLE 52512 0 0 DU PONT E I DE NEMOURS COMMON 263534109 1547 30197 SH SH 0 30197 0 DYNEGY INC-CL A COMMON 26816Q101 1123 287231 SH SOLE 53856 233375 0 EASTMAN CHEMICAL COMPANY COMMON 277432100 15799 267784 SH SOLE 256000 11784 0 EATON CORP COMMON 278058102 398 6083 SH SOLE 4255 1828 0 EBAY INC COMMON 278642103 7287 195568 SH SH 11768 183800 0 ECHOSTAR COMMUNICATIONS - A COMMON 278762109 6688 228647 SH SH 647 228000 0 EDISON INTL COM COMMON 281020107 551 15870 SH SH 0 15870 0 EL PASO CORPORATION COMMON 28336L109 352 33315 SH SOLE 588 32727 0 ELECTROLUX AB -SPONS ADR B COMMON 010198208 1064 22850 SH SH 0 22850 0 ELECTRONIC ARTS INC COMMON 285512109 5108 98650 SH SH 1533 97117 0 ELECTRONIC ARTS INC COM COMMON 285512109 860 16617 SH SOLE 0 16617 0 ELECTRONIC DATA SYSTEMS CORP COMMON 285661104 71919 3479374 SH SH 2559535 218639 701200 ELECTRONICS BOUTIQUE HLDGS COMMON 286045109 3357 78124 SH SH 11824 66300 0 ELI LILLY AND COMPANY COMMON 532457108 5716 109711 SH SH 0 109711 0 ELKCORP COMMON 287456107 504 13101 SH SOLE 6498 2703 3900 EMC CORP/MASS COMMON 268648102 28111 2281725 SH SH 171725 2110000 0 EMCOR GROUP INC COMMON 29084Q100 284 6060 SH SOLE 5510 550 0 ENCANA CORP COMMON 292505104 8573 121731 SH SH 455 121276 0 ENCORE WIRE CORP COMMON 292562105 105 10325 SH SOLE 5015 5310 0 ENDESA -SPONSORED ADR COMMON 29258N107 1019 45100 SH SH 0 45100 0 ENI SPA-SPONSORED ADR COMMON 26874R108 1087 8350 SH SH 0 8350 0 ENPRO INDS INC COM COMMON 29355X107 295 10733 SH SOLE 0 10733 0 ENPRO INDUSTRIES INC COMMON 29355X107 11374 413582 SH SH 51532 362050 0 EOG RESOURCES INC COMMON 26875P101 1232 25273 SH SOLE 5682 19591 0 EQUITY OFFICE PROPERTIES TR COMMON 294741103 6807 225919 SH SH 46019 179900 0 ERICSSON (LM) TEL-SP ADR COMMON 294821608 288 10215 SH SOLE 10215 0 0 ERICSSON L M TEL CO ADR B SEK COMMON 294821608 1652 58585 SH SH 0 58585 0 ESCO TECHNOLOGIES INC COMMON 296315104 4300 53523 SH SOLE 52800 723 0 ESPIRITO SANTO FINL GRP-ADR COMMON 29665F200 1309 48002 SH SOLE 47040 962 0 EURO CURRENCY 135.25 6/29/05 PU COMMON EUR05.AP7 335 0 SH Put SOLE 0 0 0 EXELON CORP COMMON 30161N101 6184 134758 SH SH 354 134404 0 EXIDE TECHNOLOGIES COMMON 302051206 878 68100 SH SOLE 68100 0 0 EXXON MOBIL CORPORATION COMMON 30231G102 342183 5741337 SH SH 3649318 1107501 984518 EZCORP INC-CL A COMMON 302301106 3673 276603 SH SOLE 168633 1870 106100 FAIRCHILD SEMICON INTL COMMON 303726103 307 20000 SH SOLE 20000 0 0 FAIRFAX FINANCIAL HLDGS LTD COMMON 303901102 495 3312 SH SOLE 609 2703 0 FBL FINANCIAL GROUP INC-CL A COMMON 30239F106 1002 35800 SH SOLE 35800 0 0 FEDERAL HOME LN MTGE CORP COMMON 313400301 474 7500 SH SOLE 0 0 7500 FEDERATED DEPARTMENT STORES COMMON 31410H101 30593 480723 SH SH 322223 158500 0 FEDEX CORPORATION COMMON 31428X106 5687 60529 SH SH 315 60214 0 FIFTH THIRD BANCORP COMMON 316773100 10978 255430 SH SH 87130 168300 0 FIFTH THIRD BANCORP COM COMMON 316773100 400 9305 SH SOLE 0 9305 0 FIRST DATA CORP COMMON 319963104 159221 4050392 SH SH 2990479 228083 831830 FIRST HORIZON NATL CORP COMMON 320517105 6355 155800 SH SOLE 155800 0 0 FISERV INC COMMON 337738108 28656 720000 SH SH 0 720000 0 FISHER SCIENTIFIC INTL COMMON 338032204 51302 901300 SH SH 461300 440000 0 FLANDERS CORPORATION COMMON 338494107 8207 727539 SH SH 125739 601800 0 FLEXTRONICS INTL LTD COMMON Y2573F102 27439 2278995 SH SH 168995 2110000 0 FLIR SYS INC COM COMMON 302445101 541 17852 SH SH 0 17852 0 FOOT LOCKER INC COMMON 344849104 492 16785 SH SOLE 16785 0 0 FORD MOTOR COMPANY COMMON 345370860 7706 680103 SH SOLE 632825 47278 0 FPIC INSURANCE GROUP INC COMMON 302563101 2755 85700 SH SH 0 85700 0 FRANKLIN RES INC COM COMMON 354613101 338 4928 SH SOLE 0 4928 0 FRANKLIN RESOURCES INC COMMON 354613101 5800 84491 SH SH 678 83813 0 FREESCALE SEMICONDUCTOR-B COMMON 35687M206 176 10217 SH SOLE 4871 5346 0 FRONTIER OIL CORP COMMON 35914P105 4949 136489 SH SH 69989 66500 0 FRONTLINE LTD COMMON G3682E127 460 9385 SH SOLE 7570 1815 0 FROZEN FOOD EXPRESS INDS COMMON 359360104 7611 660657 SH SH 326857 177900 155900 FUJI PHOTO FILM -UNSPON ADR COMMON 359586302 465 12716 SH SOLE 5984 6732 0 GANNETT CO COMMON 364730101 7874 99573 SH SH 7473 92100 0 GARMIN LTD COMMON G37260109 656 14149 SH SOLE 7592 6557 0 GATX CORP COMMON 361448103 1112 33500 SH SOLE 33500 0 0 GENENTECH INC COMMON 368710406 215 3785 SH SOLE 1405 2380 0 GENERAL CABLE CORP COMMON 369300108 1899 157345 SH SOLE 126686 30659 0 GENERAL DYNAMICS CORP COMMON 369550108 58476 546244 SH SH 413019 16500 116725 GENERAL DYNAMICS CORP COM COMMON 369550108 2551 23831 SH SOLE 0 23831 0 GENERAL ELECTRIC COMMON 369604103 9477 262813 SH SOLE 0 262813 0 GENERAL ELECTRIC CO COMMON 369604103 295068 8182699 SH SH 6095670 450319 1636710 GENERAL MOTORS CORP COMMON 370442105 24082 819421 SH SH 383265 436156 0 GENESCO INC COMMON 371532102 3627 127607 SH SH 41007 86600 0 GENESIS HEALTHCARE CORP COMMON 37184D101 3711 86512 SH SOLE 85512 1000 0 GENUINE PARTS CO COMMON 372460105 3789 87135 SH SOLE 87135 0 0 GENUINE PARTS COM COMMON 372460105 7616 175119 SH SH 0 175119 0 GEORGIA GULF CORP COMMON 373200203 4377 95204 SH SH 15204 41500 38500 GEORGIA-PACIFIC CORP COMMON 373298108 817 23021 SH SOLE 18171 4850 0 GIANT INDS INC COM COMMON 374508109 259 10083 SH SOLE 0 10083 0 GIANT INDUSTRIES INC COMMON 374508109 5710 222191 SH SH 54691 98700 68800 GILEAD SCIENCES INC COMMON 375558103 2517 70312 SH SOLE 70312 0 0 GILEAD SCIENCES INC COM COMMON 375558103 1058 29545 SH SH 0 29545 0 GLAXOSMITHKLINE PLC-ADR COMMON 37733W105 1446 31484 SH SOLE 5047 26437 0 GLOBAL IMAGING SYSTEMS INC COMMON 37934A100 1004 28300 SH SOLE 28300 0 0 GLOBAL INDUSTRIES LTD COMMON 379336100 1361 144817 SH SOLE 127900 1317 15600 GOLDMAN SACHS GROUP INC COMMON 38141G104 308 2800 SH SOLE 0 0 2800 GOODYEAR TIRE & RUBBER CO COMMON 382550101 259 19383 SH SOLE 3075 16308 0 GREAT PLAINS ENERGY INC. COMMON 391164100 7529 246200 SH SOLE 246200 0 0 GREENBRIER COMPANIES INC COMMON 393657101 6595 187953 SH SH 33753 154200 0 GREIF INC-CL A COMMON 397624107 5597 80322 SH SH 48122 32200 0 GUESS INC COM COMMON 401617105 186 13608 SH SH 0 13608 0 GUESS? INC COMMON 401617105 342 24928 SH SOLE 24928 0 0 GUITAR CENTER INC COMMON 402040109 5107 93147 SH SH 22647 36800 33700 HALLIBURTON CO COMMON 406216101 8182 189170 SH SH 35643 150127 3400 HALLIBURTON CO COM COMMON 406216101 499 11549 SH SOLE 0 11549 0 HARLEY-DAVIDSON INC COMMON 412822108 381 6592 SH SOLE 1522 5070 0 HARLEYSVILLE GROUP INC COMMON 412824104 850 42800 SH SOLE 42800 0 0 HARMAN INTERNATIONAL COMMON 413086109 634 7175 SH SOLE 4425 2750 0 HARMONIC INC COMMON 413160102 483 50524 SH SOLE 830 35994 13700 HARTMARX CORP COMMON 417119104 6154 645082 SH SH 95982 549100 0 HCA - THE HEALTHCARE COMPANY COMMON 404119109 11460 213932 SH SH 79332 118900 15700 HEADWATERS INC COMMON 42210P102 723 22048 SH SOLE 12929 9119 0 HEINZ (H.J.) CO COMMON 423074103 4318 117210 SH SOLE 102778 14432 0 HERCULES INC COMMON 427056106 462 31903 SH SOLE 30144 1759 0 HEWLETT-PACKARD CO COMMON 428236103 179028 8159927 SH SH 6204037 557895 1397995 HEXCEL CORP COMMON 428291108 5915 381353 SH SH 80653 300700 0 HEXCEL CORP NEW COM COMMON 428291108 234 15057 SH SOLE 0 15057 0 HOLLY CORP COMMON 435758305 5714 153324 SH SH 94324 59000 0 HOME DEPOT INC COMMON 437076102 260062 6800783 SH SH 4595685 990732 1214366 HOME DEPOT INC COM COMMON 437076102 7436 194457 SH SOLE 0 194457 0 HOVNANIAN ENTERPRISES-A COMMON 442487203 2077 40718 SH SOLE 35886 1932 2900 HSBC HOLDINGS PLC COMMON 404280406 1946 24506 SH SOLE 0 24506 0 HSBC HOLDINGS PLC-SPONS ADR COMMON 404280406 1165 14667 SH SH 1567 13100 0 HUB GROUP INC CL A COMMON 443320106 561 8946 SH SOLE 0 8946 0 HUB GROUP INC-CL A COMMON 443320106 25838 412285 SH SH 113785 265000 33500 HUMANA INC COMMON 444859102 3584 112220 SH SOLE 75314 32306 4600 IAC/INTERACTIVECORP COMMON 44919P102 75942 3410035 SH SH 2478973 239862 691200 ICOS CORPORATION COMMON 449295104 26952 1200000 SH SH 0 1200000 0 IDENTIX INC COMMON 451906101 206 40794 SH SOLE 7976 32818 0 II-VI INC COMMON 902104108 526 30176 SH SOLE 5208 24968 0 ILLINOIS TOOL WORKS COMMON 452308109 4691 52393 SH SH 393 52000 0 ILLUMINA INC COMMON 452327109 502 62095 SH SOLE 8623 53472 0 IMPERIAL OIL LTD COMMON 453038408 471 6176 SH SOLE 3013 3163 0 INFINITY PROPERTY & CASUALTY COMMON 45665Q103 925 29600 SH SOLE 29600 0 0 ING GROEP N V ADR SPONSORED COMMON 456837103 589 19472 SH SOLE 0 19472 0 ING GROEP N.V.-SPONSORED ADR COMMON 456837103 1168 38638 SH SH 2488 36150 0 INGERSOLL-RAND CO-CL A COMMON G4776G101 32768 411403 SH SH 31403 380000 0 INGLES MARKETS INC -CL A COMMON 457030104 1103 82767 SH SOLE 80600 2167 0 INGRAM MICRO INC-CL A COMMON 457153104 2243 134583 SH SOLE 79144 55439 0 INPUT/OUTPUT INC COMMON 457652105 114 17654 SH SOLE 17654 0 0 INPUT/OUTPUT INC COM COMMON 457652105 547 84795 SH SH 0 84795 0 INSIGHT ENTERPRISES INC COMMON 45765U103 945 53800 SH SOLE 53800 0 0 INTEL CORP COMMON 458140100 100021 4305688 SH SH 2973226 697231 635231 INTEL CORP COM COMMON 458140100 2471 106352 SH SOLE 0 106352 0 INTERFACE INC-CL A COMMON 458665106 2185 320443 SH SH 53643 266800 0 INTERNATIONAL GAME TECH COM COMMON 459902102 323 12130 SH SH 0 12130 0 INTERNATIONAL PAPER CO COMMON 460146103 2542 69095 SH SOLE 69095 0 0 INTERNET SECURITY SYSTEMS COMMON 46060X107 507 27718 SH SOLE 23598 4120 0 INTL BUSINESS MACHINES CORP COMMON 459200101 119249 1304968 SH SH 942046 104403 258519 INTUIT INC COMMON 461202103 4977 113700 SH SOLE 91300 0 22400 INTUITIVE SURGICAL INC COMMON 46120E602 13641 300000 SH SH 0 300000 0 IPSCO INC COMMON 462622101 7045 138142 SH SH 2142 136000 0 ISHARES S&P 500 INDEX FUND COMMON 464287200 538 4565 SH SOLE 4565 0 0 ITT EDUCATIONAL SERVICES INC COMMON 45068B109 1459 30087 SH SOLE 26200 887 3000 ITT INDUSTRIES INC COMMON 450911102 19095 211600 SH SOLE 211600 0 0 IVAX CORP COMMON 465823102 5931 300000 SH SOLE 300000 0 0 IVILLAGE INC COMMON 46588H105 2025 332500 SH SH 0 332500 0 J.C. PENNEY COM COMMON 708160106 2426 46723 SH SH 0 46723 0 JACK IN THE BOX INC COMMON 466367109 2484 66950 SH SH 750 66200 0 JACOBS ENGINEERING GROUP INC COMMON 469814107 2596 50000 SH SOLE 50000 0 0 JACUZZI BRANDS INC COMMON 469865109 195 20000 SH SOLE 20000 0 0 JEFFERSON PILOT CORP COM COMMON 475070108 795 16215 SH SOLE 0 16215 0 JEFFERSON-PILOT CORP COMMON 475070108 14229 290095 SH SH 79595 210500 0 JLG INDUSTRIES INC COMMON 466210101 3347 155306 SH SH 61706 93600 0 JO-ANN STORES INC COMMON 47758P307 944 33600 SH SOLE 33600 0 0 JOHNSON & JOHNSON COMMON 478160104 216649 3225854 SH SH 1998757 664292 562805 JONES LANG LASALLE INC COMMON 48020Q107 10267 220084 SH SH 118284 48100 53700 JOY GLOBAL INC COMMON 481165108 274 7816 SH SOLE 3827 3989 0 JPMORGAN CHASE & CO COMMON 46625H100 189107 5465518 SH SH 4059530 408861 997127 JUPITERMEDIA CORP COMMON 48207D101 2637 170000 SH SH 0 170000 0 K-SWISS INC -CL A COMMON 482686102 2209 66889 SH SOLE 55819 6370 4700 KB HOME COMMON 48666K109 1740 14816 SH SOLE 4412 10404 0 KELLWOOD CO COMMON 488044108 1005 34900 SH SOLE 34900 0 0 KELLY SERVICES INC -CL A COMMON 488152208 975 33846 SH SOLE 33200 646 0 KERR-MCGEE CORP COMMON 492386107 50917 650039 SH SH 276079 373960 0 KEYCORP COMMON 493267108 19997 616248 SH SH 233648 382600 0 KEYCORP NEW COM COMMON 493267108 2059 63451 SH SOLE 0 63451 0 KFORCE INC COMMON 493732101 2697 245367 SH SH 5267 240100 0 KIMBERLY-CLARK CORP COMMON 494368103 13073 198902 SH SH 19288 179614 0 KINDER MORGAN INC COMMON 49455P101 6113 80756 SH SH 142 80614 0 KINDRED HEALTHCARE INC COMMON 494580103 1420 40467 SH SOLE 39640 827 0 KINGSWAY FINANCIAL SERVICES COMMON 496904103 962 62200 SH SOLE 62200 0 0 KLA-TENCOR CORPORATION COMMON 482480100 566 12300 SH SOLE 338 11962 0 KNIGHT RIDDER INC COMMON 499040103 4576 68050 SH SH 48750 7900 11400 KOHLS CORP COMMON 500255104 8287 160500 SH SOLE 160500 0 0 KONINKLIJKE AHOLD NV-SP ADR COMMON 500467303 596 71685 SH SOLE 71685 0 0 KROGER CO COMMON 501044101 2661 165986 SH SOLE 163695 2291 0 KT CORP-SP ADR COMMON 48268K101 2322 108949 SH SOLE 5210 103739 0 KULICKE & SOFFA INDUSTRIES COMMON 501242101 1442 229307 SH SOLE 143223 86084 0 KYOCERA CORP -SPONS ADR COMMON 501556203 208 2919 SH SOLE 256 2663 0 LABOR READY INC COMMON 505401208 2816 151012 SH SH 812 150200 0 LAIDLAW INTERNATIONAL COMMON 50730R102 10392 499600 SH SOLE 499600 0 0 LAN AIRLINES SA -SPON ADR COMMON 501723100 265 7422 SH SOLE 3390 4032 0 LAWSON PRODUCTS INC COMMON 520776105 228 4858 SH SOLE 4309 549 0 LEAR CORPORATION COMMON 521865105 1258 28362 SH SOLE 28362 0 0 LEHMAN BROTHERS HLDGS COM COMMON 524908100 260 2763 SH SOLE 0 2763 0 LEHMAN BROTHERS HOLDING INC COMMON 524908100 29704 315460 SH SH 25460 290000 0 LEUCADIA NATIONAL CORP COMMON 527288104 467 13599 SH SOLE 13599 0 0 LIBERTY MEDIA CORP COMMON 530718105 227874 21974315 SH SH 147646973301443 3908175 LIBERTY MEDIA CORP COM COMMON 530718105 7024 677330 SH SOLE 0 677330 0 LIBERTY MEDIA INTL INC-A COMMON 530719103 2317 52966 SH SOLE 52927 39 0 LIFEPOINT HOSPITALS INC COMMON 53219L109 32143 733200 SH SH 273200 460000 0 LIFETIME HOAN CORP COMMON 531926103 2937 189583 SH SH 9183 180400 0 LILLY (ELI) & CO COMMON 532457108 680 13056 SH SOLE 13056 0 0 LIMITED BRANDS COMMON 532716107 18755 771812 SH SH 196212 566400 9200 LINCOLN NATIONAL CORP COMMON 534187109 4788 106066 SH SH 566 105500 0 LINCOLN NATL CORP COM COMMON 534187109 674 14935 SH SOLE 0 14935 0 LINEAR TECHNOLOGY CORP COMMON 535678106 532 13896 SH SOLE 1652 12244 0 LIONS GATE ENTERTAINMENT COR COMMON 535919203 2328 210644 SH SH 14344 196300 0 LITHIA MOTORS INC-CL A COMMON 536797103 917 35800 SH SOLE 35800 0 0 LLOYDS TSB GROUP PLC -SP ADR COMMON 539439109 1014 27950 SH SH 0 27950 0 LOJACK CORPORATION COMMON 539451104 410 29783 SH SOLE 29783 0 0 LONE STAR TECHNOLOGIES INC COMMON 542312103 8480 215082 SH SH 80005 84477 50600 LONGS DRUG STORES CORP COMMON 543162101 1837 53674 SH SOLE 52695 979 0 LONGVIEW FIBRE CO COMMON 543213102 400 21309 SH SOLE 20852 457 0 LOUISIANA PACIFIC COM COMMON 546347105 1782 70897 SH SH 0 70897 0 LOUISIANA-PACIFIC CORP COMMON 546347105 339 13509 SH SOLE 13509 0 0 LUCENT TECHNOLOGIES COM COMMON 549463107 376 136773 SH SH 0 136773 0 LUCENT TECHNOLOGIES INC COMMON 549463107 399 145109 SH SOLE 145109 0 0 LYONDELL CHEMICAL COMPANY COMMON 552078107 4548 162894 SH SOLE 157275 5619 0 M & T BANK CORPORATION COMMON 55261F104 227 2223 SH SOLE 1707 516 0 MACROMEDIA INC COMMON 556100105 1691 50483 SH SOLE 45375 5108 0 MAGELLAN HEALTH SERVICES INC COMMON 559079207 6221 182693 SH SOLE 182693 0 0 MAGNETEK INC COMMON 559424106 2402 450695 SH SH 21495 429200 0 MAGNETEK INC COM COMMON 559424106 73 13771 SH SOLE 0 13771 0 MANITOWOC COMPANY INC COMMON 563571108 19107 473070 SH SH 3070 470000 0 MARATHON OIL CORP COMMON 565849106 556 11850 SH SOLE 3645 8205 0 MARINEMAX INC COMMON 567908108 2494 79996 SH SH 2496 77500 0 MARSH & MCLENNAN COM COMMON 571748102 1241 40809 SH SOLE 0 40809 0 MARSH & MCLENNAN COS COMMON 571748102 125749 4133735 SH SH 2900841 504750 728144 MARTEK BIOSCIENCES CORP COMMON 572901106 3782 65000 SH SOLE 65000 0 0 MARVELL TECHNOLOGY GROUP LTD COMMON G5876H105 7862 205057 SH SH 2311 202746 0 MASCO CORP COMMON 574599106 13572 391476 SH SH 62970 328506 0 MASSEY ENERGY COMPANY COMMON 576206106 9521 237774 SH SOLE 226586 11188 0 MATRIA HEALTHCARE INC COMMON 576817209 3469 112972 SH SOLE 45968 1604 65400 MATTEL INC COMMON 577081102 13558 635058 SH SH 41658 593400 0 MAVERICK TUBE CORP COMMON 577914104 375 11532 SH SOLE 11532 0 0 MAVERICK TUBE CORP COM COMMON 577914104 3574 109944 SH SH 0 109944 0 MAX RE CAPITAL LTD COMMON G6052F103 1002 42600 SH SOLE 42600 0 0 MAXIM INTEGRATED PRODUCTS COMMON 57772K101 30791 753385 SH SH 53385 700000 0 MAY DEPARTMENT STORES CO COMMON 577778103 3574 96544 SH SOLE 69227 27317 0 MBIA INC COMMON 55262C100 941 18000 SH SH 0 18000 0 MBNA CORP COMMON 55262L100 31584 1286500 SH SH 86000 1160000 40500 MCDERMOTT INTL INC COMMON 580037109 3003 158652 SH SH 45352 113300 0 MCDONALD'S CORPORATION COMMON 580135101 318 10200 SH SH 2600 7600 0 MCI INC COMMON 552691107 11408 457768 SH SH 69368 388400 0 MCKESSON CORP COMMON 58155Q103 4199 111229 SH SOLE 102447 8782 0 MDC HOLDINGS INC COMMON 552676108 259 3714 SH SOLE 3714 0 0 MEADWESTVACO CORP COMMON 583334107 2939 92379 SH SOLE 80215 12164 0 MEDCATH CORPORATION COMMON 58404W109 5256 179390 SH SOLE 175009 4381 0 MELLON FINANCIAL CORP COMMON 58551A108 3373 118200 SH SH 0 118200 0 MERCK & CO. INC. COMMON 589331107 25257 780242 SH SH 268432 511810 0 MERCURY INTERACTIVE CORP COMMON 589405109 341 7213 SH SOLE 198 7015 0 MERITAGE CORPORATION COMMON 59001A102 6824 115812 SH SH 53212 33100 29500 MERRILL LYNCH & CO COM COMMON 590188108 3356 59298 SH SOLE 0 59298 0 MERRILL LYNCH & CO INC COMMON 590188108 99172 1752155 SH SH 1323079 60000 369076 MESA AIR GROUP INC COMMON 590479101 950 135636 SH SOLE 133700 1936 0 METAL MANAGEMENT INC COMMON 591097209 293 11387 SH SOLE 9611 1776 0 METALS USA INC COMMON 591324207 6172 315039 SH SH 104955 210084 0 METRIS COMPANIES INC COMMON 591598107 13093 1129700 SH SH 349800 621400 158500 METRIS COS INC COM COMMON 591598107 189 16295 SH SOLE 0 16295 0 MEXICAN PESO CUR 12.0565 8/22/0 COMMON MXN05.CC3 238 0 SH Call SOLE 0 0 0 MFC BANCORP LIMITED COMMON 55271X202 1033 51800 SH SOLE 51800 0 0 MGM GRAND INC COMMON 552953101 26086 368345 SH SH 49771 316674 1900 MICREL INC COMMON 594793101 323 35000 SH SOLE 35000 0 0 MICROSOFT CORP COMMON 594918104 202538 8379734 SH SH 5544602 1314400 1520732 MICROSOFT CORP COM COMMON 594918104 5827 241080 SH SOLE 0 241080 0 MITTAL STEEL CO-CL A NY REG COMMON 60684P101 1912 59103 SH SOLE 58658 445 0 MOLINA HEALTHCARE INC COMMON 60855R100 7514 163026 SH SH 70326 54600 38100 MONSANTO CO /NEW COMMON 61166W101 10565 163791 SH SH 7448 156343 0 MOODY'S INVESTORS SERV-EX DI COMMON 615369105 5631 69635 SH SH 151 69484 0 MORGAN STANLEY COMMON 617446448 108393 1893332 SH SH 1438533 60200 394599 MORGAN STANLEY DEAN WITTER COM COMMON 617446448 3524 61562 SH SOLE 0 61562 0 MOTOROLA INC COMMON 620076109 68794 4595447 SH SH 3477847 149900 967700 MOTOROLA INC COM COMMON 620076109 2747 183455 SH SOLE 0 183455 0 MPS GROUP INC COMMON 553409103 957 91100 SH SOLE 91100 0 0 N S GROUP INC COM COMMON 628916108 369 11745 SH SOLE 0 11745 0 NASH FINCH CO COMMON 631158102 711 18712 SH SOLE 15445 3267 0 NATIONAL AUSTRALIA BK-SP ADR COMMON 632525408 916 8350 SH SH 0 8350 0 NATIONAL CITY CORP COMMON 635405103 9665 288517 SH SH 190167 98350 0 NATIONAL CITY CORP COMMON 635405103 1743 52026 SH SOLE 0 52026 0 NATIONAL SEMICONDUCTOR COM COMMON 637640103 1042 50577 SH SH 0 50577 0 NATURES SUNSHINE PRODS INC COMMON 639027101 6964 405608 SH SH 165408 140600 99600 NAVARRE CORP COMMON 639208107 163 20515 SH SOLE 15395 5120 0 NAVIGANT CONSULTING INC COMMON 63935N107 700 25697 SH SOLE 16221 3776 5700 NCR CORPORATION COMMON 62886E108 743 22016 SH SOLE 21869 147 0 NEC CORP -SPONSORED ADR COMMON 629050204 214 35543 SH SOLE 9501 26042 0 NEIGHBORCARE INC COMMON 64015Y104 364 12449 SH SH 0 12449 0 NETWORK APPLIANCE INC COMMON 64120L104 2393 86506 SH SOLE 44288 42218 0 NEW PLAN EXCEL REALTY TRUST COMMON 648053106 491 19545 SH SOLE 9462 10083 0 NEWELL RUBBERMAID INC COMMON 651229106 6967 317557 SH SOLE 295454 22103 0 NEWS CORP - CL A COMMON 65248E104 224772 13284420 SH SH 8877192 1968676 2438552 NEWS CORP CL A COMMON 65248E104 5638 333239 SH SOLE 0 333239 0 NEXTEL COMMUNICATIONS INC-A COMMON 65332V103 28747 1011500 SH SH 91500 920000 0 NEXTEL PARTNERS INC -CL A COMMON 65333F107 32940 1500000 SH SH 0 1500000 0 NL INDS INC COM NEW COMMON 629156407 513 22212 SH SOLE 0 22212 0 NL INDUSTRIES COMMON 629156407 3349 144971 SH SH 26771 118200 0 NOBLE CORP COMMON G65422100 2563 45600 SH SOLE 45600 0 0 NOBLE ENERGY INC COMMON 655044105 32051 471199 SH SH 28899 440000 2300 NOBLE ENERGY INC COM COMMON 655044105 204 2996 SH SOLE 0 2996 0 NOBLE INTERNATIONAL LTD COMMON 655053106 2927 129187 SH SH 6087 123100 0 NOKIA CORP ADR SPONSORED COMMON 654902204 3462 224375 SH SOLE 0 224375 0 NOKIA CORP-SPON ADR COMMON 654902204 117914 7641900 SH SH 5789300 251700 1600900 NORDSTROM INC COMMON 655664100 2297 41482 SH SOLE 39747 1735 0 NORFOLK SOUTHERN CORP COMMON 655844108 8092 218408 SH SH 6104 212304 0 NORTEL INVERSORA-ADR PFD B COMMON 656567401 261 27494 SH SOLE 11313 16181 0 NORTHROP GRUMMAN CORP COMMON 666807102 4588 85000 SH SH 0 85000 0 NOVA CHEMICALS CORP COMMON 66977W109 286 6659 SH SOLE 6659 0 0 NOVAMERICAN STEEL INC COMMON 669959108 13516 269735 SH SH 66839 174200 28696 NOVARTIS AG-ADR COMMON 66987V109 2848 60869 SH SOLE 46963 13906 0 NOVELIS INC COMMON 67000X106 3288 150000 SH SOLE 150000 0 0 NS GROUP INC COMMON 628916108 10395 330932 SH SH 43632 287300 0 NTL INC COMMON 62940M104 2186 34332 SH SOLE 34332 0 0 NUCOR CORP COMMON 670346105 2811 48833 SH SOLE 48833 0 0 NUCOR CORP COM COMMON 670346105 2608 45309 SH SH 0 45309 0 NVIDIA CORP COMMON 67066G104 1584 66681 SH SOLE 61581 0 5100 NVIDIA CORP COM COMMON 67066G104 485 20411 SH SH 0 20411 0 NVR INC COMMON 62944T105 21845 27828 SH SH 6528 21100 200 NVR INC COM COMMON 62944T105 440 560 SH SOLE 0 560 0 OFFICEMAX INC COMMON 67622P101 265 7900 SH SOLE 7900 0 0 OFFSHORE LOGISTICS COMMON 676255102 678 20341 SH SOLE 2869 17472 0 OIL STATES INTERNATIONAL INC COMMON 678026105 1336 65000 SH SOLE 65000 0 0 OLD DOMINION FREIGHT LINE COMMON 679580100 2305 73988 SH SOLE 73988 0 0 OLIN CORP COMMON 680665205 2111 94666 SH SOLE 88445 6221 0 OLYMPIC STEEL INC COMMON 68162K106 3447 192769 SH SOLE 102782 8087 81900 OMI CORP - NEW COMMON Y6476W104 1577 82339 SH SOLE 41822 32717 7800 OMNICOM GROUP COMMON 681919106 558 6300 SH SOLE 5100 0 1200 OPTION CARE INC COMMON 683948103 3306 160549 SH SH 21549 139000 0 ORACLE CORPORATION COMMON 68389X105 104387 8364364 SH SH 6349964 269000 1745400 ORACLE SYSTEMS COMMON 68389X105 3719 298007 SH SOLE 0 298007 0 ORBITAL SCIENCES CORP COMMON 685564106 1566 161750 SH SH 0 161750 0 OREGON STEEL MILLS INC COMMON 686079104 8827 383792 SH SH 216592 83500 83700 OREGON STEEL MILLS INC COM COMMON 686079104 364 15845 SH SOLE 0 15845 0 OVERSEAS SHIPHOLDING GROUP COMMON 690368105 532 8454 SH SOLE 5911 2543 0 OWENS & MINOR INC COMMON 690732102 1042 38388 SH SOLE 37500 888 0 OWENS-ILLINOIS INC COMMON 690768403 16681 663523 SH SOLE 660282 3241 0 PACCAR INC COMMON 693718108 5805 80197 SH SH 1984 78213 0 PACCAR INC COM COMMON 693718108 412 5687 SH SOLE 0 5687 0 PACIFIC SUNWEAR OF CALIF COMMON 694873100 420 15000 SH SOLE 15000 0 0 PACIFICARE HEALTH SYSTEMS COMMON 695112102 3190 56044 SH SOLE 42873 10771 2400 PANTRY INC COMMON 698657103 2036 65741 SH SOLE 61892 3849 0 PARK-OHIO HOLDINGS CORP COMMON 700666100 13218 705346 SH SH 255519 358527 91300 PARKER HANNIFIN CORP COMMON 701094104 5167 84811 SH SH 5073 79738 0 PAXAR CORP COMMON 704227107 1881 88117 SH SOLE 85085 3032 0 PC CONNECTION INC COMMON 69318J100 745 126824 SH SOLE 124500 2324 0 PDI INC COMMON 69329V100 2440 119028 SH SH 1428 117600 0 PEABODY ENERGY CORP COMMON 704549104 4825 104101 SH SOLE 93256 7645 3200 PENNEY (JC) CO INC (HLDG CO) COMMON 708160106 2253 43409 SH SOLE 43409 0 0 PEOPLES ENERGY CORP COMMON 711030106 487 11620 SH SOLE 5609 6011 0 PEPSI BOTTLING GROUP INC COMMON 713409100 12636 453711 SH SH 18311 435400 0 PEPSICO INC COMMON 713448108 226 4259 SH SOLE 4259 0 0 PERINI CORP COMMON 713839108 504 36573 SH SOLE 35105 1468 0 PETROCHINA CO LTD -ADR COMMON 71646E100 2585 40894 SH SOLE 2396 38498 0 PETROLEO BRASILEIRO S.A.-ADR COMMON 71654V408 11597 262505 SH SH 40618 221887 0 PFIZER COMMON 717081103 3565 135693 SH SOLE 0 135693 0 PFIZER INC COMMON 717081103 129549 4931450 SH SH 3564791 505461 861198 PHELPS DODGE COM COMMON 717265102 3456 33975 SH SH 0 33975 0 PHELPS DODGE CORP COMMON 717265102 2227 21892 SH SOLE 21892 0 0 PHILLIPS-VAN HEUSEN COMMON 718592108 541 20291 SH SOLE 9589 5502 5200 PHOENIX COMPANIES COM COMMON 71902E109 2176 170235 SH SH 0 170235 0 PIEDMONT NATURAL GAS CO COMMON 720186105 975 42300 SH SOLE 42300 0 0 PILGRIMS PRIDE CORP COMMON 721467108 5451 152584 SH SH 19384 133200 0 PILGRIMS PRIDE CORP COM COMMON 721467108 1167 32683 SH SOLE 0 32683 0 PINNACLE ENTERTAINMENT INC COMMON 723456109 3347 200398 SH SH 59698 140700 0 PIPER JAFFRAY COS COMMON 724078100 878 24000 SH SOLE 24000 0 0 PITNEY BOWES INC COMMON 724479100 6293 139460 SH SH 58660 78800 2000 PLACER DOME INC COMMON 725906101 414 25536 SH SOLE 2214 23322 0 PMA CAPITAL CORPORATION-CL A COMMON 693419202 8180 1022511 SH SH 337180 498300 187031 PNC FINANCIAL SERVICES GROUP COMMON 693475105 5603 108832 SH SOLE 74816 34016 0 PNM RESOURCES INC COMMON 69349H107 1011 37900 SH SOLE 37900 0 0 POLARIS INDUSTRIES INC COMMON 731068102 1932 27504 SH SOLE 24933 2571 0 POSCO-ADR COMMON 693483109 6938 140554 SH SH 2544 138010 0 POTASH CORP OF SASKATCHEWAN COMMON 73755L107 10893 124474 SH SH 28352 94422 1700 PREMCOR INC COMMON 74045Q104 1338 22426 SH SOLE 22426 0 0 PRIMEDIA INC COMMON 74157K101 249 57340 SH SOLE 57340 0 0 PRINCIPAL FINANCIAL GROUP COMMON 74251V102 8055 209277 SH SH 21377 187900 0 PRIORITY HEALTHCARE CORP-B COMMON 74264T102 921 42600 SH SOLE 42600 0 0 PROCTER & GAMBLE CO COMMON 742718109 257195 4852749 SH SH 3096810 882739 873200 PROGRESS ENERGY INC COMMON 743263105 7610 181400 SH SOLE 181400 0 0 PRUDENTIAL FINANCIAL INC COMMON 744320102 14278 248738 SH SH 738 248000 0 PSS WORLD MEDICAL INC COMMON 69366A100 910 80000 SH SOLE 80000 0 0 PSYCHIATRIC SOLUTIONS INC COMMON 74439H108 9376 203818 SH SH 76518 75200 52100 PULTE CORP COM COMMON 745867101 401 5446 SH SOLE 0 5446 0 PULTE HOMES INC COMMON 745867101 8239 111904 SH SH 16584 95320 0 QUALCOMM INC COMMON 747525103 38695 1055793 SH SH 69977 985816 0 QUANEX CORP COMMON 747620102 8905 167009 SH SH 88909 37300 40800 QUANEX CORP COM COMMON 747620102 364 6827 SH SOLE 0 6827 0 QWEST COMMUNICATIONS INTL COMMON 749121109 1090 294700 SH SOLE 294700 0 0 RADIOSHACK CORP COMMON 750438103 2890 117960 SH SH 360 117600 0 RAYOVAC CORP COMMON 755081106 3878 93232 SH SH 9232 84000 0 REGIONS FINANCIAL CORP COMMON 7591EP100 11708 361359 SH SH 197588 163771 0 REGIONS FINANCIAL CORP (NEW) COMMON 7591EP100 2028 62603 SH SOLE 0 62603 0 RELIANCE STEEL & ALUMINUM COMMON 759509102 2365 59109 SH SH 209 58900 0 RELIANT ENERGY INC COMMON 75952B105 752 66117 SH SOLE 66117 0 0 RENT-WAY INC COMMON 76009U104 2081 253800 SH SH 0 253800 0 RES-CARE INC COMMON 760943100 3900 311771 SH SH 19371 292400 0 RES-CARE INC COM COMMON 760943100 142 11386 SH SOLE 0 11386 0 RETAIL VENTURES INC COMMON 76128Y102 5037 552892 SH SH 153292 399600 0 REUTERS GROUP PLC ADR SPONSORE COMMON 76132M102 627 13610 SH SH 0 13610 0 REYNOLDS AMERICAN INC COMMON 761713106 14808 183753 SH SH 95896 87857 0 RITE AID CORP COMMON 767754104 1772 447510 SH SOLE 447510 0 0 RITE AID CORP COM COMMON 767754104 3018 761998 SH SH 0 761998 0 ROANOKE ELECTRIC STEEL CORP COMMON 769841107 2472 119518 SH SH 30818 88700 0 ROCKWELL AUTOMATION INC COMMON 773903109 7178 126730 SH SH 3817 122913 0 ROCKWELL AUTOMATION INC COM COMMON 773903109 714 12603 SH SOLE 0 12603 0 ROYAL CARIBBEAN CRUISES LTD COMMON V7780T103 5753 128719 SH SH 4337 124382 0 ROYAL DUTCH PETRO-NY SHARES COMMON 780257804 11635 193786 SH SH 26139 167647 0 RSA SECURITY INC COMMON 749719100 338 21298 SH SOLE 17979 3319 0 RUDDICK CORP COMMON 781258108 956 41300 SH SOLE 41300 0 0 RYERSON TULL INC COMMON 78375P107 1141 90046 SH SOLE 88460 1586 0 RYLAND GROUP INC COMMON 783764103 1879 30292 SH SOLE 26293 1799 2200 SAFECO CORP COMMON 786429100 9561 196287 SH SH 44787 151500 0 SAFETY INSURANCE GROUP INC COMMON 78648T100 8792 283965 SH SH 163865 61500 58600 SAFEWAY INC COMMON 786514208 768 41484 SH SOLE 40898 586 0 SAKS INCORPORATED COMMON 79377W108 720 39943 SH SOLE 6234 33709 0 SANDERSON FARMS INC COMMON 800013104 3304 76456 SH SH 7956 68500 0 SANMINA-SCI CORP COMMON 800907107 1986 380500 SH SOLE 380500 0 0 SANOFI-SYNTHELABO SA-ADR COMMON 80105N105 28707 678000 SH SH 48000 630000 0 SANPAOLO IMI SPA-SPON ADR COMMON 799175104 1132 36150 SH SH 0 36150 0 SARA LEE CORP COMMON 803111103 4926 222274 SH SOLE 173321 48953 0 SAUCONY INC - CL A COMMON 804120103 227 10000 SH SOLE 10000 0 0 SAUER-DANFOSS INC COMMON 804137107 498 21990 SH SOLE 17182 4808 0 SBC COMMUNICATIONS INC COMMON 78387G103 26392 1114054 SH SH 367829 746225 0 SCANSOURCE INC COMMON 806037107 3058 59004 SH SH 16404 42600 0 SCOTTISH RE GROUP LTD COMMON G7885T104 946 42000 SH SOLE 42000 0 0 SCP POOL CORP COMMON 784028102 2427 76188 SH SH 288 75900 0 SCS TRANSPORTATION INC COMMON 81111T102 1564 84142 SH SH 342 83800 0 SEABOARD CORP COMMON 811543107 14406 13426 SH SH 2826 8800 1800 SEABOARD CORP DEL COM COMMON 811543107 655 610 SH SOLE 0 610 0 SEACHANGE INTERNATIONAL INC COMMON 811699107 411 31756 SH SOLE 24029 7727 0 SEAGATE TECHNOLOGY HOLDINGS COMMON G7945J104 794 40624 SH SOLE 21320 10804 8500 SEQUA CORP CL A COMMON 817320104 505 9733 SH SH 0 9733 0 SEQUA CORP-CL A COMMON 817320104 969 18699 SH SOLE 18699 0 0 SHAW GROUP INC COMMON 820280105 7226 331450 SH SH 189157 134793 7500 SHELL TRANSPORT-NY REG SHRS COMMON 822703609 4918 90464 SH SH 17725 72739 0 SHERWIN-WILLIAMS CO COMMON 824348106 3805 86502 SH SH 302 86200 0 SHILOH INDUSTRIES INC COMMON 824543102 195 14904 SH SOLE 9545 5359 0 SHIP FINANCE INTL LTD COMMON G81075106 915 45072 SH SOLE 44257 815 0 SHOPPING.COM LTD COMMON M8405Q102 6052 340000 SH SH 0 340000 0 SIERRA HEALTH SERVICES COMMON 826322109 14274 223598 SH SH 61148 126550 35900 SIERRA PACIFIC RESOURCES COMMON 826428104 208 19311 SH SOLE 286 19025 0 SILGAN HOLDINGS COM COMMON 827048109 1673 25744 SH SH 0 25744 0 SILGAN HOLDINGS INC COMMON 827048109 302 4639 SH SOLE 4639 0 0 SILICON STORAGE TECHNOLOGY COMMON 827057100 197 53010 SH SOLE 804 52206 0 SIMON PROPERTY GROUP INC COMMON 828806109 325 5353 SH SOLE 3544 1809 0 SINCLAIR BROADCAST GROUP-A COMMON 829226109 402 50000 SH SOLE 50000 0 0 SINOPEC BEJING YANHUA PE-ADR COMMON 82935N107 2703 114440 SH SOLE 114020 420 0 SITEL CORP COMMON 82980K107 137 70000 SH SOLE 70000 0 0 SK TELECOM CO LTD-ADR COMMON 78440P108 734 37206 SH SOLE 1714 35492 0 SLM CORP COMMON 78442P106 16845 337987 SH SH 6360 331627 0 SMART & FINAL INC COMMON 831683107 580 47751 SH SOLE 13846 33905 0 SONIC AUTOMOTIVE INC COMMON 83545G102 959 42219 SH SOLE 41400 819 0 SOUTH JERSEY INDUSTRIES COMMON 838518108 998 17700 SH SOLE 17700 0 0 SOUTHWEST GAS CORP COMMON 844895102 1454 60205 SH SOLE 2040 58165 0 SOUTHWESTERN ENERGY CO COMMON 845467109 2606 45923 SH SOLE 43423 0 2500 SOUTHWESTERN ENERGY CO COM COMMON 845467109 2004 35301 SH SH 0 35301 0 SPARTAN STORES INC COMMON 846822104 184 17260 SH SOLE 17260 0 0 SPDR TRUST SERIES 1 COMMON 78462F103 508 4308 SH SOLE 875 0 3433 SPHERION CORPORATION COMMON 848420105 970 129500 SH SOLE 129500 0 0 SPX CORP COMMON 784635104 3658 84524 SH SH 7474 77050 0 ST. PAUL TRAVELERS COS INC COMMON 792860108 143301 3901453 SH SH 2886330 233147 781976 STANDARD-PACIFIC CORP COMMON 85375C101 253 3500 SH SOLE 3500 0 0 STARBUCKS CORP COMMON 855244109 5194 100539 SH SH 4267 96272 0 STARBUCKS CORP COM COMMON 855244109 1199 23217 SH SOLE 0 23217 0 STARWOOD HOTELS & RESORTS COMMON 85590A203 6045 100694 SH SH 2269 98425 0 STATION CASINOS INC COMMON 857689103 429 6352 SH SOLE 1738 4614 0 STATOIL ASA-SPON ADR COMMON 85771P102 1101 64250 SH SH 0 64250 0 STEEL DYNAMICS INC COMMON 858119100 205 5935 SH SOLE 3335 2600 0 STEEL TECHNOLOGIES INC COMMON 858147101 3268 136252 SH SOLE 69550 602 66100 STEIN MART INC COMMON 858375108 5973 265458 SH SH 18058 247400 0 STEINER LEISURE LTD COMMON P8744Y102 3286 100530 SH SH 4730 95800 0 STEINWAY MUSICAL INSTRUMENTS COMMON 858495104 2002 66816 SH SH 916 65900 0 STEWART ENTERPRISES INC-CL A COMMON 860370105 354 57505 SH SOLE 7828 49677 0 STEWART INFO SERVICES COM COMMON 860372101 263 7020 SH SH 0 7020 0 STILLWATER MNG CO COM COMMON 86074Q102 276 27978 SH SH 0 27978 0 STOLT OFFSHORE SA -ADR COMMON 861567105 2615 331842 SH SH 65442 266400 0 STOLT-NIELSEN S.A.-SPON ADR COMMON 861565109 10549 294256 SH SH 49656 189700 54900 STORA ENSO OYJ-SPONS ADR COMMON 86210M106 958 68150 SH SH 0 68150 0 STRYKER CORP COMMON 863667101 5261 117922 SH SH 1797 116125 0 SUNOCO INC COMMON 86764P109 10988 106149 SH SH 13649 92500 0 SUNOCO INC COM COMMON 86764P109 282 2728 SH SOLE 0 2728 0 SUNTRUST BANKS INC COMMON 867914103 375 5208 SH SOLE 487 4721 0 SUPERIOR ESSEX INC COMMON 86815V105 1052 59499 SH SOLE 56470 3029 0 SUPERVALU INC COMMON 868536103 4281 128375 SH SOLE 125669 2706 0 SWS GROUP INC COMMON 78503N107 816 50900 SH SOLE 50900 0 0 SYKES ENTERPRISES INC COMMON 871237103 903 131400 SH SOLE 131400 0 0 SYMANTEC CORP COMMON 871503108 309 14478 SH SOLE 14478 0 0 SYMANTEC CORP COM COMMON 871503108 1917 89876 SH SH 0 89876 0 SYNNEX CORP COMMON 87162W100 782 44883 SH SOLE 43800 1083 0 SYSCO CORP COMMON 871829107 771 21536 SH SOLE 11929 9607 0 TARGET CORP COMMON 87612E106 5861 117177 SH SH 200 116577 400 TARRAGON CORP COMMON 876287103 420 20807 SH SOLE 20807 0 0 TBC CORP COMMON 872183108 995 35700 SH SOLE 35700 0 0 TECHNICAL OLYMPIC USA INC COMMON 878483106 2105 69703 SH SOLE 69703 0 0 TELE NORTE LESTE PART-ADR COMMON 879246106 2078 134334 SH SOLE 4557 129777 0 TELECOM NEW ZEALAND-SP ADR COMMON 879278208 976 28150 SH SH 0 28150 0 TELEFONOS DE MEXICO-SP ADR L COMMON 879403780 948 27436 SH SOLE 1559 25877 0 TELESYSTEM INTL WIRELESS INC COMMON 879946606 191 12535 SH SOLE 12535 0 0 TELESYSTEM INTL WIRELESS INCCO COMMON 879946606 2223 145770 SH SH 0 145770 0 TELETECH HLDGS INC COM COMMON 879939106 199 15373 SH SOLE 0 15373 0 TELETECH HOLDINGS INC COMMON 879939106 3382 261793 SH SH 74293 187500 0 TELEWEST GLOBAL INC COMMON 87956T107 4169 234326 SH SOLE 234326 0 0 TEMPLE-INLAND INC COMMON 879868107 7255 100000 SH SOLE 100000 0 0 TENNECO AUTOMOTIVE COM COMMON 880349105 426 34163 SH SH 0 34163 0 TENNECO AUTOMOTIVE INC COMMON 880349105 145 11691 SH SOLE 11691 0 0 TEREX CORP COMMON 880779103 348 8042 SH SOLE 3993 4049 0 TERRA INDS INC COM COMMON 880915103 490 63090 SH SOLE 0 63090 0 TERRA INDUSTRIES INC COMMON 880915103 5582 719346 SH SH 91946 627400 0 TESORO CORP COMMON 881609101 7370 199100 SH SH 52400 146700 0 TESORO PETE CORP COM COMMON 881609101 2454 66294 SH SOLE 0 66294 0 TEVA PHARMACEUTICAL-SP ADR COMMON 881624209 6117 197400 SH SOLE 197400 0 0 TEXAS INDUSTRIES INC COMMON 882491103 7328 136332 SH SH 58632 77700 0 TEXAS INSTRUMENTS COM COMMON 882508104 864 33904 SH SH 0 33904 0 TEXAS INSTRUMENTS INC COMMON 882508104 7302 286474 SH SOLE 249874 0 36600 TEXTRON INC COMMON 883203101 6139 82270 SH SH 838 81432 0 THE HERSHEY CO COMMON 427866108 8964 148255 SH SH 4498 143757 0 THE ST JOE COMPANY COMMON 790148100 468 6955 SH SOLE 4804 2151 0 THOMAS & BETTS CORP COMMON 884315102 373 11564 SH SOLE 11400 164 0 TIBCO SOFTWARE INC COMMON 88632Q103 1581 212173 SH SOLE 167743 31930 12500 TIM PARTICIPACOES SA -ADR COMMON 88706P106 1086 72334 SH SOLE 71071 1263 0 TIME WARNER INC COMMON 887317105 134811 7681576 SH SH 4520699 1926327 1234550 TITAN INTERNATIONAL INC COMMON 88830M102 13710 954079 SH SH 282979 530200 140900 TITAN INTL INC ILL COM COMMON 88830M102 241 16737 SH SOLE 0 16737 0 TITANIUM METALS CORP COM NEW COMMON 888339207 610 16946 SH SOLE 0 16946 0 TITANIUM METALS CORPORATION COMMON 888339207 17222 478393 SH SH 147493 255800 75100 TJX COMPANIES INC COMMON 872540109 228842 9291155 SH SH 6799796 668589 1822770 TOLL BROTHERS INC COMMON 889478103 3223 40881 SH SOLE 28993 10088 1800 TOO INC COMMON 890333107 2898 117481 SH SOLE 32171 14510 70800 TORO CO COMMON 891092108 5251 59912 SH SOLE 35152 1160 23600 TOTAL SA-SPON ADR COMMON 89151E109 5951 50765 SH SH 4046 46719 0 TRAMMELL CROW CO COMMON 89288R106 1043 50700 SH SOLE 50700 0 0 TRANS WORLD ENTERTAINMENT CP COMMON 89336Q100 6798 461504 SH SH 242804 218700 0 TRANSMONTAIGNE INC COMMON 893934109 1232 154015 SH SOLE 151480 2535 0 TRANSOCEAN INC COMMON G90078109 10938 212545 SH SH 7028 205517 0 TRIBUNE CO COMMON 896047107 925 23197 SH SOLE 17697 0 5500 TRW AUTOMOTIVE HOLDINGS CORP COMMON 87264S106 1225 63066 SH SOLE 50800 12266 0 TXU CORPORATION COMMON 873168108 22688 284911 SH SH 69672 213339 1900 TYCO INTERNATIONAL LTD COMMON 902124106 21806 645133 SH SH 641633 0 3500 TYSON FOODS INC-CL A COMMON 902494103 2032 121833 SH SOLE 113086 8747 0 U.S. XPRESS ENTERPRISES-A COMMON 90338N103 5239 320448 SH SH 72648 181800 66000 UBIQUITEL INC COMMON 903474302 5976 891901 SH SH 92701 799200 0 UBIQUITEL INC COM COMMON 903474302 322 48120 SH SOLE 0 48120 0 UBS AG-REGISTERED COMMON H8920M855 13900 164689 SH SH 9989 154700 0 UICI COMMON 902737105 2524 104087 SH SOLE 36589 5498 62000 UNILEVER N V NY SHARES COMMON 904784709 1432 20927 SH SOLE 20927 0 0 UNILEVER N V NEW YORK SHS N COMMON 904784709 8773 128225 SH SH 0 128225 0 UNILEVER PLC-SPONSORED ADR COMMON 904767704 1076 26900 SH SH 0 26900 0 UNITED AUTO GROUP INC COMMON 909440109 1061 38142 SH SOLE 37300 842 0 UNITED INDUSTRIAL CORP COMMON 910671106 3940 133027 SH SH 39090 93937 0 UNITED NATURAL FOODS INC COMMON 911163103 2237 78130 SH SH 330 77800 0 UNITED RENTALS INC COMMON 911363109 253 12478 SH SOLE 6607 5871 0 UNITED STATES STEEL CORP COMMON 912909108 19006 373757 SH SH 6632 367125 0 UNITED STATIONERS INC COMMON 913004107 986 21800 SH SOLE 21800 0 0 UNITED TECHNOLOGIES COMMON 913017109 2274 22370 SH SOLE 0 22370 0 UNITED TECHNOLOGIES CORP COMMON 913017109 149407 1469675 SH SH 1155681 44900 269094 UNITEDGLOBALCOM INC -CL A COMMON 913247508 5408 571711 SH SOLE 571711 0 0 UNITEDHEALTH GROUP COM COMMON 91324P102 441 4628 SH SOLE 0 4628 0 UNITEDHEALTH GROUP INC COMMON 91324P102 6365 66734 SH SH 1738 64996 0 UNIVERSAL AMER FINANCIAL CRP COMMON 913377107 1102 63700 SH SOLE 63700 0 0 UNIVERSAL CORP-VA COMMON 913456109 943 20600 SH SOLE 20600 0 0 UNIVERSAL FOREST PRODUCTS COMMON 913543104 948 24400 SH SOLE 24400 0 0 UPM-KYMMENE OYJ-SPONS ADR COMMON 915436109 1042 46650 SH SH 0 46650 0 URBAN OUTFITTERS COM COMMON 917047102 1560 32514 SH SH 0 32514 0 URBAN OUTFITTERS INC COMMON 917047102 2666 55574 SH SOLE 55574 0 0 US BANCORP COMMON 902973304 7443 258255 SH SOLE 0 258255 0 US BANCORP COMMON 902973304 190285 6602534 SH SH 4831409 565900 1205225 USA MOBILITY INC COMMON 90341G103 3638 112271 SH SH 34339 77932 0 USEC INC COMMON 90333E108 3604 221367 SH SH 81967 139400 0 USEC INC COM COMMON 90333E108 442 27171 SH SOLE 0 27171 0 USG CORP COMMON 903293405 16053 484099 SH SH 149696 272703 61700 UST INC COMMON 902911106 6184 119607 SH SH 917 118690 0 UST INC COM COMMON 902911106 1182 22860 SH SOLE 0 22860 0 VALERO ENERGY CORP COMMON 91913Y100 13228 180542 SH SOLE 178342 0 2200 VALERO ENERGY CORP COM COMMON 91913Y100 6771 92412 SH SH 0 92412 0 VALUECLICK INC COMMON 92046N102 25464 2400000 SH SH 0 2400000 0 VENTIV HEALTH INC COMMON 922793104 637 27680 SH SOLE 20047 7633 0 VERISIGN INC COMMON 92343E102 978 34089 SH SOLE 4822 29267 0 VERIZON COMMUNICATIONS COMMON 92343V104 18787 529202 SH SH 243709 285493 0 VIACOM INC CL B COMMON 925524308 4692 134720 SH SOLE 0 134720 0 VIACOM INC-CL B COMMON 925524308 132757 3811574 SH SH 2890464 121400 799710 VINTAGE PETROLEUM INC COMMON 927460105 2658 84481 SH SOLE 66438 12843 5200 VITRAN CORP INC COMMON 92850E107 151 10133 SH SOLE 8397 1736 0 VOLT INFO SCIENCES INC COMMON 928703107 903 37389 SH SOLE 36883 506 0 VOLVO AB-SPONSORED ADR COMMON 928856400 1940 43704 SH SH 4044 36360 3300 W.R. GRACE & CO COMMON 38388F108 3960 464748 SH SH 87448 377300 0 WABTEC CORP COMMON 929740108 2035 99300 SH SOLE 99300 0 0 WACHOVIA CORP COMMON 929903102 14039 275770 SH SH 84348 191422 0 WACHOVIA GROUP COM COMMON 929903102 1242 24400 SH SOLE 0 24400 0 WAL MART STORES COMMON 931142103 4511 90015 SH SOLE 0 90015 0 WAL-MART STORES INC COMMON 931142103 140100 2795847 SH SH 2108458 120489 566900 WALGREEN CO COMMON 931422109 249 5603 SH SOLE 4245 1358 0 WALTER INDUSTRIES INC COMMON 93317Q105 13795 324212 SH SH 201879 118333 4000 WASHINGTON MUTUAL COM COMMON 939322103 2354 59590 SH SOLE 0 59590 0 WASHINGTON MUTUAL INC COMMON 939322103 23146 585987 SH SH 260887 325100 0 WASTE MANAGEMENT INC COMMON 94106L109 10504 364076 SH SH 85676 278400 0 WCI COMMUNITIES INC COMMON 92923C104 13298 442100 SH SOLE 442100 0 0 WEBMD CORPORATION COMMON 94769M105 2306 271318 SH SOLE 267700 3618 0 WEBSENSE INC COMMON 947684106 271 5035 SH SOLE 4850 185 0 WEIS MARKETS INC COMMON 948849104 1478 40077 SH SOLE 33085 6992 0 WELLMAN INC COMMON 949702104 6478 447962 SH SH 301462 146500 0 WELLMAN INC COM COMMON 949702104 386 26694 SH SOLE 0 26694 0 WELLS FARGO COMMON 949746101 7641 127791 SH SOLE 0 127791 0 WELLS FARGO & COMPANY COMMON 949746101 212337 3550798 SH SH 2704441 115500 730857 WELLSPOINT INC COMMON 94973V107 308 2455 SH SOLE 2455 0 0 WENDY'S INTERNATIONAL INC COMMON 950590109 2194 56200 SH SOLE 56200 0 0 WESCO INTERNATIONAL INC COMMON 95082P105 19783 706549 SH SH 181149 464500 60900 WESCO INTL INC COM COMMON 95082P105 621 22167 SH SOLE 0 22167 0 WESTERN DIGITAL CORP COMMON 958102105 404 31679 SH SOLE 15180 3299 13200 WESTMORELAND COAL CO COMMON 960878106 3570 141960 SH SOLE 75235 725 66000 WESTPAC BANKING CORP-SP ADR COMMON 961214301 968 13100 SH SH 0 13100 0 WET SEAL INC -CL A COMMON 961840105 505 145000 SH SOLE 145000 0 0 WGL HOLDINGS INC COMMON 92924F106 519 16757 SH SOLE 8213 8544 0 WHEELING-PITTSBURGH CORP COMMON 963142302 6021 193923 SH SH 49423 144500 0 WHIRLPOOL CORP COMMON 963320106 8657 127819 SH SH 14319 113500 0 WHOLE FOODS MARKET INC COMMON 966837106 390 3822 SH SOLE 3822 0 0 WILLIAM LYON HOMES INC COMMON 552074106 345 4502 SH SOLE 3265 1237 0 WILLIAMS COS INC COMMON 969457100 2183 116081 SH SOLE 59816 56265 0 WILLIAMS-SONOMA INC COMMON 969904101 1911 52000 SH SOLE 52000 0 0 WIND RIVER SYSTEMS INC COMMON 973149107 284 18821 SH SOLE 4277 14544 0 WORLD FUEL SERVICES CORP COMMON 981475106 5141 163210 SH SH 61210 102000 0 WPP GROUP PLC ADR SPONSORED COMMON 929309300 4029 71024 SH SOLE 0 71024 0 WPP GROUP PLC-SPONSORED ADR COMMON 929309300 126726 2233850 SH SH 1706250 72500 455100 WPS RESOURCES CORP COMMON 92931B106 1269 23987 SH SOLE 23510 477 0 XILINX INC COMMON 983919101 31030 1061590 SH SH 81590 980000 0 XTO ENERGY INC COM COMMON 98385X106 745 22673 SH SH 0 22673 0 YAHOO! INC COMMON 984332106 9435 278302 SH SH 15438 262864 0 YELLOW ROADWAY CORP COMMON 985577105 1080 18440 SH SOLE 14774 3666 0 YORK INTERNATIONAL CORP COMMON 986670107 1317 33594 SH SOLE 26077 7517 0 ZYGO CORP COMMON 989855101 1737 133995 SH SOLE 124843 9152 0