13F-HR 1 c38528_13f-hr.txt ---------------------------- OMB APPROVAL ---------------------------- OMB Number: Expires: Estimated average burden hours per response..... ---------------------------- SEC USE ONLY ---------------------------- ---------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13f Cover Page Report for the Calendar Year or Quarter Ended 6/30/2005 If amended report check here: |_| Amendment Number: ____ This Amendment (Check only one): |_| is a restatement |_| adds new holding entries. David J. Greene and Company, LLC -------------------------------------------------------------------------------- Name of Institutional Investment Manager 599 Lexington Avenue, 12th Floor, New York, NY 10022 -------------------------------------------------------------------------------- Business Address (Street) (City) (State) (Zip) 13F File Number: 28-663 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: Lee Unterman, Chief Operating Officer 212.371.4200 -------------------------------------------------------------------------------- Name (Title) (Phone) /s/ Lee Unterman ------------------------------------------ (Manual Signature of Person Duly Authorized to Submit This Report) 7/29/2005 ------------------------------------------ (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: None Form 13F Information Table Entry Total: 201 Form 13F Information Table Value Total: $2,013,709 (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. 28- 6. ------------- --------------------- ------------- --------------------- 2. 7. ------------- --------------------- ------------- --------------------- 3. 8. ------------- --------------------- ------------- --------------------- 4. 9. ------------- --------------------- ------------- --------------------- 5. 10. ------------- --------------------- ------------- --------------------- FORM 13F 06/30/05 REPORTING MANAGER : David J. Greene and Company, LLC Page 1
------------------------------------------------------------------------------------------------------------------------------------ ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 ------ ---------- ------ ------ ------------------ ---------- -------- -------------------------- TITLE VALUE SHARES/ SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------------------------------------------------------------------------------------------------------------------ ABERCROMBIE & FITCH CO Common Stock 002896207 824 12,000 SH SOLE 7,000 5,000 ACCELRYS INC. Common Stock 00430U103 8,860 1,789,844 SH SOLE 1,197,100 592,744 ADESA INC Common Stock 00686U104 26,133 1,200,403 SH SOLE 928,600 271,803 AKZO NV SPONSORED ADR Common Stock 010199305 18,376 467,700 SH SOLE 248,700 219,000 ALLETE INC Common Stock 018522300 15,155 303,701 SH SOLE 214,334 89,367 ALLIANCE GAMING CORP Common Stock 01859P609 22,569 1,609,784 SH SOLE 950,500 659,284 ALLIANCE SEMICONDUCTOR Common Stock 01877H100 4,197 1,645,734 SH SOLE 1,028,100 617,634 ALLIANT TECHSYSTEMS INC Common Stock 018804104 19,592 277,500 SH SOLE 155,800 121,700 AMERICAN ENERGY Common Stock 025637109 2 100,000 SH SOLE 100,000 AMERICAN EXPRESS CO Common Stock 025816109 1,703 31,994 SH SOLE 1,100 30,894 AMERICAN INTERNATIONAL Common Stock 026874107 1,406 24,208 SH SOLE 6,799 17,409 AMGEN INC. Common Stock 031162100 423 7,000 SH SOLE 7,000 CELERA GENOMICS Common Stock 038020202 21,148 1,927,761 SH SOLE 1,354,500 573,261 ARAMARK CORP - CL B Common Stock 038521100 17,918 678,700 SH SOLE 371,000 307,700 ARCH CAPITAL GROUP LTD Common Stock 03937L105 257 5,700 SH SOLE 5,700 ARRIS GROUP INC Common Stock 04269Q100 17,264 1,982,083 SH SOLE 1,391,300 590,783 ARVINMERITOR INC. Common Stock 043353101 17,011 956,206 SH SOLE 539,063 417,143 ASSURANT INC Common Stock 04621X108 13,314 368,800 SH SOLE 291,800 77,000 AUTOLIV, INC. Common Stock 052800109 12,144 277,250 SH SOLE 165,500 111,750 BP PLC - SPON ADR Common Stock 055622104 1,052 16,866 SH SOLE 16,866 BALL CORP. Common Stock 058498106 6,462 179,700 SH SOLE 177,700 2,000 BARON SMALL CAP FUND Common Stock 068278308 378 16,502 SH SOLE 16,502 BAUSCH & LOMB INC Common Stock 071707103 274 3,300 SH SOLE 3,300 BEARINGPOINT INC Common Stock 074002106 38,685 5,277,561 SH SOLE 3,531,200 1,746,361 BECTON DICKINSON & CO Common Stock 075887109 216 4,110 SH SOLE 4,110 BEMIS COMPANY Common Stock 081437105 4,862 183,200 SH SOLE 180,200 3,000 BERKLEY W R CORP Common Stock 084423102 5,134 143,887 SH SOLE 143,887 BERKSHIRE HATHAWAY CL B Common Stock 084670207 328 118 SH SOLE 118 BOSTON SCIENTIFIC CORP Common Stock 101137107 6,315 233,900 SH SOLE 84,700 149,200 BRINK'S CO Common Stock 109696104 46,812 1,300,336 SH SOLE 792,529 507,807 BRISTOL MYERS SQUIBB CO Common Stock 110122108 477 19,080 SH SOLE 19,080 CIT GROUP INC Common Stock 125581108 18,651 434,054 SH SOLE 227,500 206,554 CMS ENERGY CORP Common Stock 125896100 31,401 2,085,070 SH SOLE 1,529,300 555,770 CNA SURETY CORPORATION Common Stock 12612L108 457 30,800 SH SOLE 20,800 10,000 CVS CORP Common Stock 126650100 6,704 230,600 SH SOLE 183,400 47,200 CALGON CARBON CORP Common Stock 129603106 8,433 952,869 SH SOLE 656,900 295,969 CAMBREX CORP Common Stock 132011107 8,081 424,200 SH SOLE 312,500 111,700 CAPITAL CROSSING BANK Common Stock 140071101 319 9,362 SH SOLE 9,362 CAREMARK RX INC Common Stock 141705103 12,899 289,735 SH SOLE 157,298 132,437 CENDANT CORPORATION Common Stock 151313103 33,615 1,502,672 SH SOLE 768,794 733,878 CENTERPOINT ENERGY INC Common Stock 15189T107 27,551 2,085,604 SH SOLE 1,395,700 689,904 PAGE COLUMN TOTALS 477,400
FORM 13F 06/30/05 REPORTING MANAGER : David J. Greene and Company, LLC Page 2
------------------------------------------------------------------------------------------------------------------------------------ ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 ------ ---------- ------ ------ ------------------ ---------- -------- -------------------------- TITLE VALUE SHARES/ SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------------------------------------------------------------------------------------------------------------------ CHEVRON CORP Common Stock 166764100 3,120 55,802 SH SOLE 1,232 54,570 CISCO SYSTEMS INC. Common Stock 17275R102 334 17,500 SH SOLE 17,500 CITIGROUP INC. Common Stock 172967101 13,845 299,490 SH SOLE 67,891 231,599 CITY INVESTING CO Common Stock 177900107 52 27,000 SH SOLE 23,300 3,700 CLAIRE'S STORES INC Common Stock 179584107 18,064 751,105 SH SOLE 454,200 296,905 COMCAST CORP CL A Common Stock 20030N101 994 32,409 SH SOLE 9,388 23,021 COMCAST CORP-SPECIAL CL A Common Stock 20030N200 5,876 196,200 SH SOLE 41,400 154,800 COMDISCO HLD CONTINGENT Common Stock 200334118 179 662,834 SH SOLE 445,250 217,584 COMMUNITY HEALTH Common Stock 203668108 22,921 606,525 SH SOLE 437,000 169,525 COMPUTER ASSOCIATES INTL Common Stock 204912109 1,499 54,544 SH SOLE 36,100 18,444 CONOCOPHILLIPS Common Stock 20825C104 11,757 204,500 SH SOLE 61,450 143,050 CONSTAR INTERNATIONAL INC Common Stock 21036U107 4,470 1,191,976 SH SOLE 798,098 393,878 CONSTELLATION ENERGY Common Stock 210371100 334 5,788 SH SOLE 2,088 3,700 CORAM HEALTHCARE Common Stock 218103893 0 28,769 SH SOLE 5,590 23,179 COSTCO WHOLESALE CORP Common Stock 22160K105 201 4,500 SH SOLE 4,500 CRANE CO. Common Stock 224399105 15,091 573,800 SH SOLE 312,900 260,900 CROWN HOLDING INC Common Stock 228368106 21,882 1,537,749 SH SOLE 1,117,170 420,579 CYTEC INDUSTRIES INC. Common Stock 232820100 52,582 1,321,154 SH SOLE 843,000 478,154 DARDEN RESTAURANTS, INC. Common Stock 237194105 1,502 45,550 SH SOLE 30,000 15,550 DIME BANCORP-LITIGATION Common Stock 25429Q110 1,119 6,217,199 SH SOLE 3,612,434 2,604,765 DISNEY (WALT) COMPANY Common Stock 254687106 889 35,300 SH SOLE 20,000 15,300 DOLLAR TREE STORES INC Common Stock 256747106 18,372 765,500 SH SOLE 409,000 356,500 RR DONNELLY & SONS CO Common Stock 257867101 1,777 51,483 SH SOLE 8,364 43,119 EMC CORP Common Stock 268648102 178 13,000 SH SOLE 13,000 E.PIPHANY INC. Common Stock 26881V100 8,336 2,395,497 SH SOLE 1,622,900 772,597 EARTHLINK INC Common Stock 270321102 12,928 1,492,797 SH SOLE 1,001,300 491,497 ENTERASYS NETWORKS INC Common Stock 293637104 90 100,000 SH SOLE 100,000 EXIDE TECHNOLOGIES Common Stock 302051206 5,363 1,105,740 SH SOLE 790,200 315,540 EXXON MOBIL CORPORATION Common Stock 30231G102 3,714 64,620 SH SOLE 1,840 62,780 FAIRCHILD SEMICON INTL Common Stock 303726103 27,874 1,889,756 SH SOLE 1,332,600 557,156 FINOVA GROUP INC Common Stock 317928109 1 11,200 SH SOLE 11,200 FIRST AMERICAN FINL CORP Common Stock 318522307 41,611 1,036,653 SH SOLE 729,400 307,253 FIRST DATA CORPORATION Common Stock 319963104 9,634 240,000 SH SOLE 65,800 174,200 FLAMEL TECHNOLOGIES - SP Common Stock 338488109 5,688 314,160 SH SOLE 220,300 93,860 FLOWSERVE CORP Common Stock 34354P105 10,927 361,097 SH SOLE 255,500 105,597 FOUNDRY NETWORKS INC Common Stock 35063R100 9,079 1,053,232 SH SOLE 736,900 316,332 FREESCALE SEMICONDUCTOR - Common Stock 35687M107 4,792 228,100 SH SOLE 227,400 700 FREESCALE SEMICONDUCTOR - Common Stock 35687M206 585 27,630 SH SOLE 8,126 19,504 GATX CORP Common Stock 361448103 17,561 509,024 SH SOLE 348,300 160,724 GENERAL DYNAMICS CORP Common Stock 369550108 6,934 63,300 SH SOLE 46,200 17,100 GENERAL ELECTRIC CO Common Stock 369604103 2,302 66,426 SH SOLE 66,426 PAGE COLUMN TOTALS 364,456
FORM 13F 06/30/05 REPORTING MANAGER : David J. Greene and Company, LLC Page 3
------------------------------------------------------------------------------------------------------------------------------------ ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 ------ ---------- ------ ------ ------------------ ---------- -------- -------------------------- TITLE VALUE SHARES/ SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------------------------------------------------------------------------------------------------------------------ GLAXOSMITHKLINE PLC- ADR Common Stock 37733W105 219 4,506 SH SOLE 4,506 GRUPO TMM SA-SP ADR A Common Stock 40051D105 5,629 1,876,336 SH SOLE 1,257,100 619,236 HCA INC Common Stock 404119109 10,716 189,100 SH SOLE 123,200 65,900 HASBRO INC Common Stock 418056107 4,191 201,600 SH SOLE 199,300 2,300 HEALTHSOUTH CORPORATION Common Stock 421924101 4,090 730,390 SH SOLE 204,650 525,740 HEALTH NET INC Common Stock 42222G108 57,362 1,503,196 SH SOLE 930,480 572,716 HERCULES INC Common Stock 427056106 18,923 1,337,338 SH SOLE 956,000 381,338 THE HERSHEY COMPANY Common Stock 427866108 375 6,032 SH SOLE 6,032 INFOCUS CORP Common Stock 45665B106 6,279 1,516,687 SH SOLE 1,065,700 450,987 INPUT/OUTPUT INC Common Stock 457652105 6,836 1,088,548 SH SOLE 735,090 353,458 INTEL CORPORATION Common Stock 458140100 700 26,918 SH SOLE 1,000 25,918 INTL BUSINESS MACHINES Common Stock 459200101 12,298 165,738 SH SOLE 51,500 114,238 RUSSELL 2000 TRADED FUND Common Stock 464287655 1,535 24,100 SH SOLE 24,100 IVAX CORP Common Stock 465823102 30,359 1,412,044 SH SOLE 772,450 639,594 J P MORGAN CHASE & CO Common Stock 46625H100 214 6,067 SH SOLE 1,633 4,434 JACUZZI BRANDS INC Common Stock 469865109 23,538 2,193,665 SH SOLE 1,504,100 689,565 JO-ANN STORES INC Common Stock 47758P307 15,300 579,774 SH SOLE 408,000 171,774 JOHNSON & JOHNSON Common Stock 478160104 1,635 25,152 SH SOLE 25,152 JOHNSON CONTROLS INC Common Stock 478366107 14,224 252,510 SH SOLE 168,700 83,810 KANSAS CITY STHRN INDS INC Common Stock 485170302 15,356 760,932 SH SOLE 534,400 226,532 KEYNOTE SYSTEMS INC Common Stock 493308100 14,137 1,211,436 SH SOLE 818,600 392,836 KIMBERLY CLARK CORP Common Stock 494368103 2,149 34,340 SH SOLE 21,800 12,540 LA-Z-BOY INC Common Stock 505336107 9,176 629,776 SH SOLE 438,400 191,376 LABORATORY CORP OF Common Stock 50540R409 11,272 225,900 SH SOLE 147,500 78,400 LEAR CORP Common Stock 521865105 4,115 113,100 SH SOLE 111,500 1,600 LEAPFROG ENTERPRISES INC Common Stock 52186N106 11,544 1,021,602 SH SOLE 731,700 289,902 LEXMARK INTERNATIONAL Common Stock 529771107 12,759 196,800 SH SOLE 104,700 92,100 LINCOLN NATIONAL CORP Common Stock 534187109 9,708 206,900 SH SOLE 142,400 64,500 LIZ CLAIBORNE Common Stock 539320101 15,956 401,300 SH SOLE 208,600 192,700 LUCENT TECHNOLOGIES, INC. Common Stock 549463107 95 32,670 SH SOLE 32,670 MAGELLAN HEALTH SERVICES Common Stock 559079207 27,317 773,632 SH SOLE 468,500 305,132 MANITOWOC CO, INC Common Stock 563571108 23,039 561,660 SH SOLE 396,300 165,360 MAXTOR CORP Common Stock 577729205 25,870 4,974,954 SH SOLE 3,495,300 1,479,654 MAXWELL TECHNOLOGIES INC Common Stock 577767106 3,258 267,284 SH SOLE 152,800 114,484 MCKESSON CORP Common Stock 58155Q103 282 6,300 SH SOLE 6,000 300 MEADWESTVACO CORP Common Stock 583334107 14,302 510,072 SH SOLE 315,500 194,572 MEDTRONIC INC COM Common Stock 585055106 218 4,200 SH SOLE 4,200 MILACRON INC Common Stock 598709103 5,453 2,885,024 SH SOLE 2,038,015 847,009 MILLIPORE CORP Common Stock 601073109 556 9,800 SH SOLE 9,800 MOLSON COORS BREWING CO Common Stock 60871R209 28,721 463,239 SH SOLE 331,783 131,456 MORGAN STANLEY Common Stock 617446448 8,823 168,150 SH SOLE 68,500 99,650 PAGE COLUMN TOTALS 458,529
FORM 13F 06/30/05 REPORTING MANAGER : David J. Greene and Company, LLC Page 4
------------------------------------------------------------------------------------------------------------------------------------ ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 ------ ---------- ------ ------ ------------------ ---------- -------- -------------------------- TITLE VALUE SHARES/ SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------------------------------------------------------------------------------------------------------------------ MOSAIC CO Common Stock 61945A107 13,509 868,210 SH SOLE 607,013 261,197 MOTOROLA Common Stock 620076109 1,160 63,545 SH SOLE 27,700 35,845 MYRIAD GENETICS INC Common Stock 62855J104 11,478 733,449 SH SOLE 513,600 219,849 NATIONAL OILWELL VARCO Common Stock 637071101 11,738 246,914 SH SOLE 174,310 72,604 NAVISTAR INTL Common Stock 63934E108 33,367 1,042,730 SH SOLE 633,861 408,869 NEWALLIANCE BANCSHARES Common Stock 650203102 8,919 634,800 SH SOLE 356,200 278,600 NOKIA CORP - SPON ADR Common Stock 654902204 11,653 700,300 SH SOLE 209,700 490,600 NORTEL NETWORKS CORP Common Stock 656568102 362 138,563 SH SOLE 138,563 NORTH FORK Common Stock 659424105 17,233 613,495 SH SOLE 430,520 182,975 OMNICARE INC Common Stock 681904108 3,845 90,615 SH SOLE 49,715 40,900 ORBITAL SCIENCES CORP Common Stock 685564106 8,991 908,191 SH SOLE 649,100 259,091 PMI GROUP Common Stock 69344M101 6,065 155,600 SH SOLE 140,800 14,800 PACTIV CORPORATION Common Stock 695257105 7,510 348,000 SH SOLE 297,300 50,700 PALL CORP Common Stock 696429307 35,193 1,159,178 SH SOLE 817,200 341,978 PAREXEL INTERNATIONAL Common Stock 699462107 12,250 618,049 SH SOLE 433,975 184,074 PATHMARK STORES INC Common Stock 70322A101 9,877 1,127,526 SH SOLE 731,995 395,531 PEPSICO INC. Common Stock 713448108 351 6,500 SH SOLE 6,500 PFIZER INC Common Stock 717081103 13,591 492,787 SH SOLE 123,600 369,187 PHARMACOPEIA DRUG Common Stock 7171EP101 5,143 1,269,794 SH SOLE 797,529 472,265 PIER 1 IMPORTS INC Common Stock 720279108 9,325 657,188 SH SOLE 452,800 204,388 POLO RALPH LAUREN CORP Common Stock 731572103 21,327 494,716 SH SOLE 335,500 159,216 PROCTER & GAMBLE CO Common Stock 742718109 707 13,400 SH SOLE 13,400 QUANTA SERVICES INC Common Stock 74762E102 11,220 1,274,952 SH SOLE 901,300 373,652 QUANTUM CORP - DLT & Common Stock 747906204 21,780 7,333,180 SH SOLE 5,015,050 2,318,130 RSA SECURITY INC Common Stock 749719100 3,276 285,340 SH SOLE 208,000 77,340 RADIOSHACK CORP Common Stock 750438103 13,684 590,600 SH SOLE 386,400 204,200 RECKSON ASSOC REALTY Common Stock 75621K106 400 11,919 SH SOLE 10,000 1,919 REDBACK NETWORKS INC Common Stock 757209507 5,732 898,450 SH SOLE 586,000 312,450 RITE AID CORP Common Stock 767754104 50 12,000 SH SOLE 12,000 ROYAL DUTCH PETE 1.25 Common Stock 780257804 531 8,176 SH SOLE 8,176 RYDER SYSTEM INC Common Stock 783549108 23,821 650,843 SH SOLE 456,000 194,843 SBC COMMUNICATIONS INC. Common Stock 78387G103 1,115 46,951 SH SOLE 2,374 44,577 SPX CORP Common Stock 784635104 5,016 109,100 SH SOLE 108,600 500 ST. PAUL TRAVELERS Common Stock 792860108 13,785 348,724 SH SOLE 175,346 173,378 SAKS INCORPORATED Common Stock 79377W108 6,260 330,000 SH SOLE 135,400 194,600 SANDISK CORP Common Stock 80004C101 13,142 553,800 SH SOLE 340,400 213,400 SCHOLASTIC CORP Common Stock 807066105 13,177 341,821 SH SOLE 240,100 101,721 SEACHANGE INTERNATIONAL Common Stock 811699107 2,765 393,810 SH SOLE 269,700 124,110 SOLECTRON CORP Common Stock 834182107 6,231 1,643,970 SH SOLE 1,154,700 489,270 SOVEREIGN BANCORP INC Common Stock 845905108 17,494 783,100 SH SOLE 436,300 346,800 SPRINT CORP (FON GROUP) Common Stock 852061100 320 12,766 SH SOLE 1,250 11,516 PAGE COLUMN TOTALS 403,393
FORM 13F 06/30/05 REPORTING MANAGER : David J. Greene and Company, LLC Page 4
------------------------------------------------------------------------------------------------------------------------------------ ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 ------ ---------- ------ ------ ------------------ ---------- -------- -------------------------- TITLE VALUE SHARES/ SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------------------------------------------------------------------------------------------------------------------ STORAGE TECHNOLOGY CORP Common Stock 862111200 18,138 499,800 SH SOLE 258,000 241,800 SUBURBAN PROPANE Common Stock 864482104 433 12,100 SH SOLE 12,100 SYBRON DENTAL SPECIALTIES, Common Stock 871142105 20,589 547,286 SH SOLE 392,066 155,220 TD BANKNORTH INC Common Stock 87235A101 332 11,148 SH SOLE 8,330 2,818 TJX COS INC Common Stock 872540109 24,453 1,004,250 SH SOLE 536,000 468,250 TARGET CORP Common Stock 87612E106 261 4,800 SH SOLE 4,800 TECUMSEH PRODUCTS CO - CL Common Stock 878895200 16,961 618,119 SH SOLE 454,800 163,319 TELEDYNE TECHNOLOGIES Common Stock 879360105 11,860 364,020 SH SOLE 258,800 105,220 3M CO Common Stock 88579Y101 347 4,800 SH SOLE 4,800 TIBCO SOFTWARE INC Common Stock 88632Q103 17,174 2,625,980 SH SOLE 1,825,100 800,880 TIME WARNER INC Common Stock 887317105 7,354 440,090 SH SOLE 164,200 275,890 TORONTO-DOMINION BANK Common Stock 891160509 240 5,378 SH SOLE 3,996 1,382 TYCO INTERNATIONAL Common Stock 902124106 13,169 451,000 SH SOLE 165,100 285,900 TYSON FOODS INC - CL A Common Stock 902494103 5,612 315,258 SH SOLE 250,100 65,158 UNDERGROUND SOLUTIONS Common Stock 904323102 8 40,000 SH SOLE 40,000 UNIFI INC Common Stock 904677101 3,450 813,720 SH SOLE 664,000 149,720 UNISYS CORP Common Stock 909214108 28,678 4,530,431 SH SOLE 3,268,000 1,262,431 UNITED PARCEL SERVICE INC Common Stock 911312106 277 4,000 SH SOLE 4,000 UNOCAL CORP Common Stock 915289102 6,342 97,500 SH SOLE 94,500 3,000 UTSTARCOM INC Common Stock 918076100 8,875 1,184,967 SH SOLE 672,599 512,368 VALASSIS COMMUNICATIONS Common Stock 918866104 13,384 361,234 SH SOLE 250,600 110,634 VERIZON COMMUNICATIONS Common Stock 92343V104 2,774 80,290 SH SOLE 12,118 68,172 VISTEON CORP Common Stock 92839U107 15,166 2,515,122 SH SOLE 1,797,600 717,522 VODAPHONE GROUP PLC Common Stock 92857W100 255 10,470 SH SOLE 35 10,435 WABTEC CORP Common Stock 929740108 12,070 561,907 SH SOLE 401,250 160,657 WACHOVIA CORP (NEW) Common Stock 929903102 3,267 65,860 SH SOLE 10,858 55,002 WASHINGTON MUTUAL INC Common Stock 939322103 11,792 289,800 SH SOLE 125,195 164,605 WASTE MANAGEMENT INC Common Stock 94106L109 11,305 398,900 SH SOLE 223,700 175,200 WATCHGUARD Common Stock 941105108 3,650 931,059 SH SOLE 647,300 283,759 WAVECOM SA - ADR Common Stock 943531103 8,653 913,724 SH SOLE 675,637 238,087 WELLPOINT INC Common Stock 94973V107 223 3,200 SH SOLE 3,200 WYETH Common Stock 983024100 250 5,618 SH SOLE 210 5,408 YUM BRANDS INC Common Stock 988498101 2,015 38,700 SH SOLE 33,700 5,000 ZORAN CORP Common Stock 98975F101 8,863 666,855 SH SOLE 464,800 202,055 RENAISSANCE RE HLDGS LTD Common Stock G7496G103 3,481 70,700 SH SOLE 70,700 RADWARE LTD Common Stock M81873107 6,789 375,500 SH SOLE 267,000 108,500 CNH GLOBAL N.V. Common Stock N20935206 21,443 1,135,138 SH SOLE 795,520 339,618 PAGE COLUMN TOTALS 309,931 AGGREGATE COLUMN TOTALS 2,013,709