13F-HR 1 jd5-13_13f.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 13-F INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT MANAGERS PURSUANT TO SECTION 13(F) OF THE SECURITIES EXCHANGE ACT OF 1934 AND RULES THEREUNDER Report for the Calendar Year or Quarter Ended: March 31, 2003 -------------- Check here if Amendment: _________ Institutional Investment Manager Filing this Report: Name: Trustees of the Pension Trust of Bethlehem Steel Corporation and Subsidiary Companies Address: Martin Tower Bethlehem, Pennsylvania 18016-7699 Form 13F File Number: 028-00313 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: J. Gerard Mead Title: Chairman, Trustees Phone: 610-694-5507 Signature, Place and Date of Signing: /s/ J. Gerard Mead ------------------------------- J. Gerard Mead Bethlehem, Pennsylvania May 13, 2003 Report Type (Check only one.): X 13F Holdings Report. ---------- 13F Notice. ---------- 13F Combination Report. ---------- Form 13-F SUMMARY PAGE Report Summary: Number of Other Included Managers: None Form 13F Information Table Entry Total: 93 Form 13F Information Table Value Total: $1,241,988 (thousands) List of Other Included Managers: None BETHLEHEM STEEL CORPORATION 03/31/03
ITEM 1 ITEM 2 ITEM 3 ITEM 5 ITEM 6 ITEM 7 TITLE OF CUSIP/ MARKET INVESTMENT OTHER NAME OF ISSUER CLASS NUMBER VALUE SH/PRN DESCRIPTION MANAGERS ABBOTT LABS COM COMMON STK 002824100 12411300 330000 SH SOLE ADC TELECOMMUNICATIONS INC COM COMMON STK 000886101 937300 455000 SH SOLE AIR PRODS & CHEMS INC COM COMMON STK 009158106 2485800 60000 SH SOLE ALLERGAN INC COM COMMON STK 018490102 2387350 35000 SH SOLE ALTERA CORP COMMON STK 021441100 947800 70000 SH SOLE ALTRIA GROUP INC COMMON STK 02209S100 13482000 450000 SH SOLE AMERICAN INTL GROUP INC COM COMMON STK 026874107 22252500 450000 SH SOLE AMERICAN POWER CONVERSION COMMON STK 029066107 1068000 75000 SH SOLE AMERISOURCEBERGEN CORP COMMON STK 03073E100 2887500 55000 SH SOLE AMGEN INC COMMON STK 031162100 10865440 188800 SH SOLE AMSOUTH BANCORPORATION COMMON STK 032165102 12723200 640000 SH SOLE AON CORP COM COMMON STK 037389103 413600 20000 SH SOLE APPLIED MATLS INC COM COMMON STK 038222105 503200 40000 SH SOLE AT & T CORP COMMON STK 001957109 1782000 110000 SH SOLE AUTOMATIC DATA PROCESSING INC COM COMMON STK 053015103 28018900 910000 SH SOLE AVERY DENNISON CORP COMMON STK 053611109 13200750 225000 SH SOLE BB & T CORP COMMON STK 054937107 8957550 285000 SH SOLE BECTON DICKINSON & CO COM COMMON STK 075887109 1894200 55000 SH SOLE BRISTOL MYERS SQUIBB CO COMMON STK 110122108 21763900 1030000 SH SOLE CADENCE DESIGN SYS INC COMMON STK 127387108 1700000 170000 SH SOLE CAPITAL ONE FINL CORP COMMON STK 14040H105 30310100 1010000 SH SOLE CERTEGY INC COMMON STK 156880106 5544000 220000 SH SOLE CHEVRONTEXACO CORP COMMON STK 166764100 7434750 115000 SH SOLE CHICO'S FAS INC COMMON STK 168615102 600000 30000 SH SOLE CHOICEPOINT INC COMMON STK 170388102 3898500 115000 SH SOLE CISCO SYS INC COMMON STK 17275R102 14407800 1110000 SH SOLE CITIGROUP INC COMMON STK 172967101 133206644 3866666 SH SOLE CLOROX CO COM COMMON STK 189054109 17544600 380000 SH SOLE COSTCO WHOLESALE CORP COMMON STK 22160K100 750750 25000 SH SOLE DELL COMPUTER COM COMMON STK 247025109 1365500 50000 SH SOLE DOLLAR GEN CORP COM COMMON STK 256669102 2319900 190000 SH SOLE ECOLAB INC COM COMMON STK 278865100 986600 20000 SH SOLE EL PASO NAT GAS CO COMMON STK 283695872 1391500 230000 SH SOLE EMC CORP MASS COM COMMON STK 268648102 7880700 1090000 SH SOLE EQUIFAX INC COMMON STK 294429105 8995500 450000 SH SOLE EXXON MOBIL CORP COMMON STK 30231G102 36348000 1040000 SH SOLE FIRST DATA CORP COMMON STK 319963104 7402000 200000 SH SOLE ITEM 1 ITEM 2 ITEM 3 ITEM 5 ITEM 6 ITEM 7 TITLE OF CUSIP/ MARKET INVESTMENT OTHER NAME OF ISSUER CLASS NUMBER VALUE SH/PRN DESCRIPTION MANAGERS FIRST VA BKS INC COM COMMON STK 337477103 392300 10000 SH SOLE FRANKLIN RESOURCES INC COM COMMON STK 354613101 3291000 100000 SH SOLE GENERAL ELECTRIC CO COM COMMON STK 369604103 68850000 2700000 SH SOLE GOLDMAN SACHS GROUP INC COMMON STK 38141G104 4765600 70000 SH SOLE GUIDANT CORP COMMON STK 401698105 3620000 100000 SH SOLE HEWLETT PACKARD CO COM COMMON STK 428236103 11662500 750000 SH SOLE INGERSOLL RAND CO COM COMMON STK 456866102 6560300 170000 SH SOLE INTEL CORP COM COMMON STK 458140100 53235600 3270000 SH SOLE JOHNSON & JOHNSON COMMON STK 478160104 34722000 600000 SH SOLE JOHNSON CTLS INC COM COMMON STK 478366107 3984200 55000 SH SOLE JP MORGAN CHASE & CO COMMON STK 46625H100 10788050 455000 SH SOLE KIMBERLY CLARK CORP COM COMMON STK 494368103 8637400 190000 SH SOLE LEHMAN BROS HLDGS INC COMMON STK 524908100 1155000 20000 SH SOLE LILLY ELI & CO COM COMMON STK 532457108 49720500 870000 SH SOLE LUCENT TECHNOLOGIES INC COMMON STK 549463107 1558200 1060000 SH SOLE MASCO CORP COM COMMON STK 574599106 2234400 120000 SH SOLE MATTEL INC COM COMMON STK 577081102 13725000 610000 SH SOLE MBNA CORP COMMON STK 55262L100 19715500 1310000 SH SOLE MCDONALDS CORP COM COMMON STK 580135101 10845000 750000 SH SOLE MEDTRONIC INC COM COMMON STK 585055106 27072000 600000 SH SOLE MERCK & CO INC COM COMMON STK 589331107 47658600 870000 SH SOLE MICROSOFT CORP COM COMMON STK 594918104 28809900 1190000 SH SOLE MOLEX INC CL A COMMON STK 608554200 12696000 690000 SH SOLE MORGAN STANLEY DEAN WITTER COMMON STK 617446448 383500 10000 SH SOLE MOTOROLA INC COM COMMON STK 620076109 413000 50000 SH SOLE NOKIA CORP COMMON STK 654902204 1260900 90000 SH SOLE NORTEL NETWORKS CORP COMMON STK 656568102 1185600 570000 SH SOLE ORACLE CORP COMMON STK 68389X105 23054125 2125000 SH SOLE ITEM 1 ITEM 2 ITEM 3 ITEM 5 ITEM 6 ITEM 7 TITLE OF CUSIP/ MARKET INVESTMENT OTHER NAME OF ISSUER CLASS NUMBER VALUE SH/PRN DESCRIPTION MANAGERS PEPSICO INC COM COMMON STK 713448108 16400000 410000 SH SOLE PFIZER INC COM COMMON STK 717081103 99712000 3200000 SH SOLE PITNEY BOWES INC COM COMMON STK 724479100 798000 25000 SH SOLE REGION FINL CORP COMMON STK 758940100 5184000 160000 SH SOLE ROYAL DUTCH PETE CO COMMON STK 780257705 11776750 289000 SH SOLE SBC COMMUNICATIONS INC COMMON STK 78387G103 34102000 1700000 SH SOLE SCHERING PLOUGH CORP COM COMMON STK 806605101 27993100 1570000 SH SOLE SEALED AIR CORP COM COMMON STK 812115103 4213650 105000 SH SOLE SHERWIN WILLIAMS CO COM COMMON STK 824348106 4228800 160000 SH SOLE SUNTRUST BKS INC COM COMMON STK 867914103 14215500 270000 SH SOLE SYMBOL TECHNOLOGIES INC COMMON STK 871508107 1808100 210000 SH SOLE TARGET CORP COMMON STK 87612E100 731500 25000 SH SOLE TECHNE CORP COMMON STK 878377100 2179695 105000 SH SOLE TIFFANY & CO COMMON STK 886547108 1750000 70000 SH SOLE TJX COS INC COMMON STK 872540109 352000 20000 SH SOLE TRAVELERS CL A COMMON STK 89420G100 2536200 180000 SH SOLE TRAVELERS CL B COMMON STK 89420G400 4842919 343226 SH SOLE TYCO INTL LTD COMMON STK 902124106 3986600 310000 SH SOLE UNITED PARCEL SVC INC COMMON STK 911312106 2565000 45000 SH SOLE UNITED TECHNOLOGIES CORP COM COMMON STK 913017109 13289400 230000 SH SOLE US BANCORP DEL COMMON STK 902973106 5883800 310000 SH SOLE VULCAN MATLS CO COM COMMON STK 929160109 8464400 280000 SH SOLE WACHOVIA CORP COMMON STK 929903102 18057100 530000 SH SOLE WELLS FARGO & CO COM COMMON STK 949746101 34732280 772000 SH SOLE WYETH COMMON STK 983024100 20044600 530000 SH SOLE XEROX CORP COM COMMON STK 984121103 2001000 230000 SH SOLE XLINX INC COMMON STK 983919101 1287550 55000 SH SOLE ZIMMER HLDGS INC COMMON STK 98956P102 5786970 119000 SH SOLE
** TABLE CONTINUED **
ITEM 1 ITEM 8 VOTING AUTHORITY SOLE SHARED NONE NAME OF ISSUER (A) (B) (C) ABBOTT LABS COM 330000 0 0 ADC TELECOMMUNICATIONS INC COM 455000 0 0 AIR PRODS & CHEMS INC COM 60000 0 0 ALLERGAN INC COM 35000 0 0 ALTERA CORP 70000 0 0 ALTRIA GROUP INC 450000 0 0 AMERICAN INTL GROUP INC COM 450000 0 0 AMERICAN POWER CONVERSION 75000 0 0 AMERISOURCEBERGEN CORP 55000 0 0 AMGEN INC 188800 0 0 AMSOUTH BANCORPORATION 640000 0 0 AON CORP COM 20000 0 0 APPLIED MATLS INC COM 40000 0 0 AT & T CORP 110000 0 0 AUTOMATIC DATA PROCESSING INC COM 910000 0 0 AVERY DENNISON CORP 225000 0 0 BB & T CORP 285000 0 0 BECTON DICKINSON & CO COM 55000 0 0 BRISTOL MYERS SQUIBB CO 1030000 0 0 CADENCE DESIGN SYS INC 170000 0 0 CAPITAL ONE FINL CORP 1010000 0 0 CERTEGY INC 220000 0 0 CHEVRONTEXACO CORP 115000 0 0 CHICO'S FAS INC 30000 0 0 CHOICEPOINT INC 115000 0 0 CISCO SYS INC 1110000 0 0 CITIGROUP INC 3866666 0 0 CLOROX CO COM 380000 0 0 COSTCO WHOLESALE CORP 25000 0 0 DELL COMPUTER COM 50000 0 0 DOLLAR GEN CORP COM 190000 0 0 ECOLAB INC COM 20000 0 0 EL PASO NAT GAS CO 230000 0 0 EMC CORP MASS COM 1090000 0 0 EQUIFAX INC 450000 0 0 EXXON MOBIL CORP 1040000 0 0 FIRST DATA CORP 200000 0 0 ITEM 1 ITEM 8 VOTING AUTHORITY SOLE SHARED NONE NAME OF ISSUER (A) (B) (C) FIRST VA BKS INC COM 10000 0 0 FRANKLIN RESOURCES INC COM 100000 0 0 GENERAL ELECTRIC CO COM 2700000 0 0 GOLDMAN SACHS GROUP INC 70000 0 0 GUIDANT CORP 100000 0 0 HEWLETT PACKARD CO COM 750000 0 0 INGERSOLL RAND CO COM 170000 0 0 INTEL CORP COM 3270000 0 0 JOHNSON & JOHNSON 600000 0 0 JOHNSON CTLS INC COM 55000 0 0 JP MORGAN CHASE & CO 455000 0 0 KIMBERLY CLARK CORP COM 190000 0 0 LEHMAN BROS HLDGS INC 20000 0 0 LILLY ELI & CO COM 870000 0 0 LUCENT TECHNOLOGIES INC 1060000 0 0 MASCO CORP COM 120000 0 0 MATTEL INC COM 610000 0 0 MBNA CORP 1310000 0 0 MCDONALDS CORP COM 750000 0 0 MEDTRONIC INC COM 600000 0 0 MERCK & CO INC COM 870000 0 0 MICROSOFT CORP COM 1190000 0 0 MOLEX INC CL A 690000 0 0 MORGAN STANLEY DEAN WITTER 10000 0 0 MOTOROLA INC COM 50000 0 0 NOKIA CORP 90000 0 0 NORTEL NETWORKS CORP 570000 0 0 ORACLE CORP 2125000 0 0 ITEM 1 ITEM 8 VOTING AUTHORITY SOLE SHARED NONE NAME OF ISSUER (A) (B) (C) PEPSICO INC COM 410000 0 0 PFIZER INC COM 3200000 0 0 PITNEY BOWES INC COM 25000 0 0 REGION FINL CORP 160000 0 0 ROYAL DUTCH PETE CO 289000 0 0 SBC COMMUNICATIONS INC 1700000 0 0 SCHERING PLOUGH CORP COM 1570000 0 0 SEALED AIR CORP COM 105000 0 0 SHERWIN WILLIAMS CO COM 160000 0 0 SUNTRUST BKS INC COM 270000 0 0 SYMBOL TECHNOLOGIES INC 210000 0 0 TARGET CORP 25000 0 0 TECHNE CORP 105000 0 0 TIFFANY & CO 70000 0 0 TJX COS INC 20000 0 0 TRAVELERS CL A 180000 0 0 TRAVELERS CL B 343226 0 0 TYCO INTL LTD 310000 0 0 UNITED PARCEL SVC INC 45000 0 0 UNITED TECHNOLOGIES CORP COM 230000 0 0 US BANCORP DEL 310000 0 0 VULCAN MATLS CO COM 280000 0 0 WACHOVIA CORP 530000 0 0 WELLS FARGO & CO COM 772000 0 0 WYETH 530000 0 0 XEROX CORP COM 230000 0 0 XLINX INC 55000 0 0 ZIMMER HLDGS INC 119000 0 0
** TABLE COMPLETE **