-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, KfhBR+YGlEqeoG9OYwbi2RJ7mBT8yhSABLT1/gGiWbJg9LwecyAz8iBmPA7SUl8d bsv2y5HWj1qRsxcrguOQGA== 0000732718-97-000023.txt : 19970808 0000732718-97-000023.hdr.sgml : 19970808 ACCESSION NUMBER: 0000732718-97-000023 CONFORMED SUBMISSION TYPE: 13F-E PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19970630 FILED AS OF DATE: 19970807 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: US WEST INC CENTRAL INDEX KEY: 0000732718 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 840926774 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-E SEC ACT: 1934 Act SEC FILE NUMBER: 028-03263 FILM NUMBER: 97653378 BUSINESS ADDRESS: STREET 1: 7800 E ORCHARD RD STREET 2: SUITE 480 CITY: ENGLEWOOD STATE: CO ZIP: 80111 BUSINESS PHONE: 3037936500 MAIL ADDRESS: STREET 1: 7800 EAST ORCHARD ROAD STREET 2: SUITE 480 CITY: ENGLEWOOD STATE: CO ZIP: 80111 13F-E 1 13F-E QUARTERLY EDGAR FILING PAGE 1 SECURITIES AND EXCHANGE COMMISSION FORM 13F-E Report for the Calendar Year or Quarter Ended: 06/30/97 Institutional Investment Manager: U S WEST INVESTMENT MANAGEMENT CO. 9785 MAROON CIRCLE SUITE 360 ENGLEWOOD CA 80112-0000 I represent that I am authorized to submit this form and that all information in this form and the attachments to it are true, correct and complete and I understand that all required items, statements and schedules are integral parts of this form and that the submission of any amendment represents that all unamended items, statements and schedules remain true, correct and complete as previously submitted. I am signing this report as required by the Securities Exchange Act of 1934 Name, Title and Telephone Number of Person Submitting Report: KAREN FRAME MANAGER 303-649-4506 Signature, Place and Date of Signing: /s/ KAREN FRAME ENGLEWOOD CO 07/30/97 PAGE 2 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE A D C TELECOMMUNICATIONS COM 000886101 3301 98900 SH SOLE 98900 AFLAC INC COM 001055102 4747 100462 SH SOLE 100462 AGCO CORP COM 001084102 212 5900 SH SOLE 5900 AES CORP COM 00130H105 3062 43282 SH SOLE 43282 AK STL HLDG CORP COM 001547108 768 17400 SH SOLE 17400 AMR CORP COM 001765106 5152 55702 SH SOLE 55702 AT&T CORP COM 001957109 37128 1058906 SH SOLE 1058906 ABBOTT LABS COM 002824100 33449 501111 SH SOLE 501111 ACCUSTAFF INC COM 004401105 848 35800 SH SOLE 35800 ACNIELSEN CORP COM 004833109 1136 57892 SH SOLE 57892 ADAPTEC INC COM 00651F108 2872 82660 SH SOLE 82660 ADOBE SYS INC COM 00724F101 1602 45700 SH SOLE 45700 ADVANCED MICRO DEVICES INC COM 007903107 3287 91300 SH SOLE 91300 AEGON N V ORD AMER REG 007924103 2236 31920 SH SOLE 31920 ADVANTA CORP CL A 007942105 1106 30100 SH SOLE 30100 AETNA INC COM 008117103 10129 98937 SH SOLE 98937 AHMANSON H F & CO COM 008677106 2980 69300 SH SOLE 69300 AIR PRODS & CHEMS INC COM 009158106 6145 75625 SH SOLE 75625 AIRGAS INC COM 009363102 903 45574 SH SOLE 45574 AIRTOUCH COMMUNICATIONS INC COM 00949T100 8912 325543 SH SOLE 325543 ALBERTSONS INC COM 013104104 5396 147839 SH SOLE 147839 ALEXANDER & BALDWIN INC COM 014482103 1165 44600 SH SOLE 44600 ALLEGHENY PWR SYS INC COM 017411109 2279 85400 SH SOLE 85400 ALLEGHENY TELEDYNE INC COM 017415100 2569 95150 SH SOLE 95150 ALLEGIANCE CORP COM 017475104 1202 44104 SH SOLE 44104 ALLERGAN INC COM 018490102 1732 54456 SH SOLE 54456 ALLIEDSIGNAL INC COM 019512102 13695 163041 SH SOLE 163041 ALLMERICA PPTY & CAS COS INC COM 01975T105 1258 38400 SH SOLE 38400 ALLSTATE CORP COM 020002101 20119 275598 SH SOLE 275598 ALLTEL CORP COM 020039103 4613 137966 SH SOLE 137966 ALTERA CORP COM 021441100 3212 63600 SH SOLE 63600 ALUMAX INC COM 022197107 1083 28550 SH SOLE 28550 ALUMINUM CO AMER COM 022249106 8027 106500 SH SOLE 106500 ALZA CORP DEL COM 022615108 1927 66600 SH SOLE 66600 AMBAC INC COM 023139108 2223 29100 SH SOLE 29100 AMERADA HESS CORP COM 023551104 3419 61530 SH SOLE 61530 AMERICA ONLINE INC DEL COM 02364J104 3399 61100 SH SOLE 61100 AMDAHL CORP COM 023905102 482 55072 SH SOLE 55072 AMERICAN ELEC PWR INC COM 025537101 4990 118800 SH SOLE 118800 AMERICAN EXPRESS CO COM 025816109 23320 313018 SH SOLE 313018 AMERICAN FINL GROUP INC COM 02608W101 1337 31500 SH SOLE 31500 AMERICAN GENERAL CORP COM 026351106 7058 147822 SH SOLE 147822 AMERICAN GREETINGS CORP CL A 026375105 2122 57151 SH SOLE 57151 AMERICAN HOME PRODS CORP COM 026609107 32139 420114 SH SOLE 420114 AMERICAN INTL GROUP INC COM 026874107 38460 257471 SH SOLE 257471 AMERICAN MGMT SYS INC COM 027352103 1095 40945 SH SOLE 40945 AMERICAN NATL INS CO COM 028591105 1026 11500 SH SOLE 11500 AMERICAN PWR CONVERSION CORP COM 029066107 1151 60600 SH SOLE 60600 AMERICAN STD COS INC DEL COM 029712106 2681 59900 SH SOLE 59900 AMERICAN STORES CO NEW COM 030096101 4538 91913 SH SOLE 91913 PAGE 3 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE AMERITECH CORP NEW COM 030954101 24334 358180 SH SOLE 358180 AMGEN INC COM 031162100 10137 174400 SH SOLE 174400 AMP INC COM 031897101 6291 150691 SH SOLE 150691 AMOCO CORP COM 031905102 28156 323867 SH SOLE 323867 AMSOUTH BANCORPORATION COM 032165102 2411 63750 SH SOLE 63750 ANADARKO PETE CORP COM 032511107 2549 42478 SH SOLE 42478 ANALOG DEVICES INC COM 032654105 3292 123949 SH SOLE 123949 ANDREW CORP COM 034425108 274 9725 SH SOLE 9725 ANHEUSER BUSCH COS INC COM 035229103 12158 289912 SH SOLE 289912 AON CORP COM 037389103 5438 105075 SH SOLE 105075 APACHE CORP COM 037411105 1982 60999 SH SOLE 60999 APOLLO GROUP INC CL A 037604105 1586 45000 SH SOLE 45000 APPLE COMPUTER INC COM 037833100 1161 81505 SH SOLE 81505 APRIA HEALTHCARE GROUP INC COM 037933108 630 35500 SH SOLE 35500 APPLIED MATLS INC COM 038222105 8528 120426 SH SOLE 120426 ARCHER DANIELS MIDLAND CO COM 039483102 8345 355116 SH SOLE 355116 ARMSTRONG WORLD INDS INC COM 042476101 2264 30849 SH SOLE 30849 ARROW ELECTRS INC COM 042735100 1963 36943 SH SOLE 36943 ASCEND COMMUNICATIONS INC COM 043491109 3206 81420 SH SOLE 81420 ASHLAND INC COM 044204105 2091 45091 SH SOLE 45091 ASPECT TELECOMMUNICATIONS CORP COM 045237104 777 34900 SH SOLE 34900 ATLANTIC RICHFIELD CO COM 048825103 15106 214266 SH SOLE 214266 ATMEL CORP COM 049513104 1994 71200 SH SOLE 71200 AUTODESK INC COM 052769106 1376 35905 SH SOLE 35905 AUTOLIV INC COM 052800109 1504 38440 SH SOLE 38440 AUTOMATIC DATA PROCESSING INC COM 053015103 10039 213591 SH SOLE 213591 AUTOZONE INC COM 053332102 2604 110500 SH SOLE 110500 AVERY DENNISON CORP COM 053611109 3310 82490 SH SOLE 82490 AVNET INC COM 053807103 1840 32000 SH SOLE 32000 AVON PRODS INC COM 054303102 6205 87942 SH SOLE 87942 BB&T CORP COM 054937107 374 8300 SH SOLE 8300 BHC COMMUNICATIONS INC CL A 055448104 1172 9800 SH SOLE 9800 BMC SOFTWARE INC COM 055921100 4142 74800 SH SOLE 74800 BAKER HUGHES INC COM 057224107 3982 102935 SH SOLE 102935 BALTIMORE GAS & ELEC CO COM 059165100 2581 96700 SH SOLE 96700 BANC ONE CORP COM 059438101 18527 382493 SH SOLE 382493 BANK NEW YORK INC COM 064057102 11644 267668 SH SOLE 267668 BANKBOSTON CORP COM 06605R106 7785 108031 SH SOLE 108031 BANKAMERICA CORP COM 066050105 30755 476364 SH SOLE 476364 BANKERS TRUST N Y CORP COM 066365107 4622 53130 SH SOLE 53130 BARD C R INC COM 067383109 1863 51300 SH SOLE 51300 BARNES & NOBLE INC COM 067774109 1070 24880 SH SOLE 24880 BARNETT BKS INC COM 068055102 7020 133708 SH SOLE 133708 BAUSCH & LOMB INC COM 071707103 1706 36200 SH SOLE 36200 BAXTER INTL INC COM 071813109 8507 162821 SH SOLE 162821 BAY NETWORKS INC COM 072510100 3241 122033 SH SOLE 122033 BEAR STEARNS COS INC COM 073902108 3301 96558 SH SOLE 96558 BECKMAN INSTRS INC NEW COM 075816108 1805 37400 SH SOLE 37400 BECTON DICKINSON & CO COM 075887109 4485 88600 SH SOLE 88600 BELL ATLANTIC CORP COM 077853109 21788 287156 SH SOLE 287156 PAGE 4 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE BELLSOUTH CORP COM 079860102 29794 642454 SH SOLE 642454 BELO A H CORP DEL COM SER A 080555105 1128 27100 SH SOLE 27100 BENEFICIAL CORP COM 081721102 3041 42793 SH SOLE 42793 BERGEN BRUNSWIG CORP CL A 083739102 961 34487 SH SOLE 34487 BETHLEHEM STL CORP COM 087509105 863 82700 SH SOLE 82700 BETZDEARBORN INC COM 087779104 1525 23100 SH SOLE 23100 BEVERLY ENTERPRISES INC COM 087851101 1136 69890 SH SOLE 69890 BIOGEN INC COM 090597105 1751 51700 SH SOLE 51700 BIOMET INC COM 090613100 1598 85800 SH SOLE 85800 BLACK & DECKER CORP COM 091797100 2480 66700 SH SOLE 66700 BLOCK H & R INC COM 093671105 2400 74433 SH SOLE 74433 BLYTH INDS INC COM 09643P108 1316 39000 SH SOLE 39000 BOEING CO COM 097023105 24050 453240 SH SOLE 453240 BOISE CASCADE OFFICE PRODS COM 097403109 308 18100 SH SOLE 18100 BORDERS GROUP INC COM 099709107 1679 69600 SH SOLE 69600 BOSTON CHICKEN INC COM 100578103 700 50000 SH SOLE 50000 BOSTON EDISON CO COM 100599109 1313 49800 SH SOLE 49800 BOSTON SCIENTIFIC CORP COM 101137107 4362 71000 SH SOLE 71000 BRINKER INTL INC COM 109641100 1084 76075 SH SOLE 76075 BRISTOL MYERS SQUIBB CO COM 110122108 52487 647986 SH SOLE 647986 BROWN FORMAN CORP CL B 115637209 2031 41600 SH SOLE 41600 BROWNING FERRIS INDS COM 115885105 4651 139894 SH SOLE 139894 BRUNSWICK CORP COM 117043109 2206 70600 SH SOLE 70600 BURLINGTON NORTHN SANTA FE CP COM 12189T104 9333 103840 SH SOLE 103840 BURLINGTON RES INC COM 122014103 3889 88134 SH SOLE 88134 C-CUBE MICROSYSTEMS INC COM 125015107 399 22700 SH SOLE 22700 CDW COMPUTER CTRS INC COM 125129106 523 9850 SH SOLE 9850 CIGNA CORP COM 125509109 9519 53630 SH SOLE 53630 CMS ENERGY CORP COM 125896100 3017 85576 SH SOLE 85576 CNA FINL CORP COM 126117100 696 6602 SH SOLE 6602 CPC INTL INC COM 126149103 8779 95101 SH SOLE 95101 CSX CORP COM 126408103 8011 144334 SH SOLE 144334 CUC INTL INC COM 126545102 6659 257988 SH SOLE 257988 CVS CORP COM 126650100 2251 43929 SH SOLE 43929 CABLETRON SYS INC COM 126920107 2245 79300 SH SOLE 79300 CABOT CORP COM 127055101 1604 56540 SH SOLE 56540 CADENCE DESIGN SYSTEM INC COM 127387108 2286 68250 SH SOLE 68250 CALIBER SYS INC COM 129894101 924 24800 SH SOLE 24800 CALLAWAY GOLF CO COM 131193104 1928 54300 SH SOLE 54300 CAMBRIDGE TECH PARTNERS MASS COM 132524109 1235 38600 SH SOLE 38600 CAMPBELL SOUP CO COM 134429109 8345 166900 SH SOLE 166900 CAPITAL ONE FINL CORP COM 14040H105 703 18624 SH SOLE 18624 CARDINAL HEALTH INC COM 14149Y108 3885 67858 SH SOLE 67858 CAROLINA PWR & LT CO COM 144141108 3208 89420 SH SOLE 89420 CASCADE COMMUNICATIONS CORP COM 147184105 1337 48400 SH SOLE 48400 CASE CORP COM 14743R103 324 4700 SH SOLE 4700 CATERPILLAR INC DEL COM 149123101 13870 129169 SH SOLE 129169 CENTERIOR ENERGY CORP COM 151883105 2331 208400 SH SOLE 208400 CENTOCOR INC COM 152342101 208 6700 SH SOLE 6700 CENTRAL & SOUTH WEST CORP COM 152357109 2590 121881 SH SOLE 121881 PAGE 5 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE CENTRAL FID BKS INC COM 153469101 433 12200 SH SOLE 12200 CENTURY TEL ENTERPRISES INC COM 156686107 1516 45000 SH SOLE 45000 CERIDIAN CORP COM 15677T106 313 7400 SH SOLE 7400 CHAMPION INTL CORP COM 158525105 3035 54924 SH SOLE 54924 CHARTER ONE FINL INC COM 160903100 2512 46625 SH SOLE 46625 CHASE MANHATTAN CORP NEW COM 16161A108 28019 288674 SH SOLE 288674 CHECKPOINT SYS INC COM 162825103 553 34400 SH SOLE 34400 CHESAPEAKE ENERGY CORP COM 165167107 335 34100 SH SOLE 34100 CHEVRON CORPORATION COM 166751107 31633 427832 SH SOLE 427832 CHIRON CORP COM 170040109 2412 115540 SH SOLE 115540 CHOICE HOTELS HLDGS INC COM 170380109 244 14400 SH SOLE 14400 CHRYSLER CORP COM 171196108 13327 406162 SH SOLE 406162 CHUBB CORP COM 171232101 8163 122064 SH SOLE 122064 CINCINNATI BELL INC COM 171870108 3517 111654 SH SOLE 111654 CINCINNATI FINL CORP COM 172062101 3286 41595 SH SOLE 41595 CINERGY CORP COM 172474108 3798 109100 SH SOLE 109100 CIRCUIT CITY STORE INC CIRCT CITY GRP 172737108 2522 70909 SH SOLE 70909 CISCO SYS INC COM 17275R102 29049 432762 SH SOLE 432762 CIRRUS LOGIC CORP COM 172755100 475 45200 SH SOLE 45200 CIRCUS CIRCUS ENTERPRISES INC COM 172909103 1749 71008 SH SOLE 71008 CITICORP COM 173034109 37793 313473 SH SOLE 313473 CITY INVESTING CO LIQ TR UNIT BEN INT 177900107 33 35000 SH SOLE 35000 CLEAR CHANNEL COMMUNICATIONS COM 184502102 252 4100 SH SOLE 4100 CLOROX CO DEL COM 189054109 3287 24900 SH SOLE 24900 COASTAL CORP COM 190441105 3441 64700 SH SOLE 64700 COCA COLA CO COM 191216100 110423 1583120 SH SOLE 1583120 COCA COLA ENTERPRISES INC COM 191219104 3940 171300 SH SOLE 171300 COGNIZANT CORP COM 192441103 4950 122229 SH SOLE 122229 COLGATE PALMOLIVE CO COM 194162103 12670 194174 SH SOLE 194174 COLUMBIA GAS SYS INC COM 197648108 2461 37722 SH SOLE 37722 COLUMBIA/HCA HEALTHCARE CORP COM 197677107 17864 454404 SH SOLE 454404 COMAIR HOLDINGS INC COM 199789108 905 32700 SH SOLE 32700 COMCAST CORP CL A 200300101 995 47500 SH SOLE 47500 COMCAST CORP CL A SPL 200300200 3770 176395 SH SOLE 176395 COMDISCO INC COM 200336105 1412 54300 SH SOLE 54300 COMERICA INC COM 200340107 6120 90000 SH SOLE 90000 COMMERCE BANCSHARES INC COM 200525103 285 6305 SH SOLE 6305 COMPAQ COMPUTER CORP COM 204493100 18597 187374 SH SOLE 187374 COMPUTER ASSOC INTL INC COM 204912109 10401 186773 SH SOLE 186773 COMPUSA INC COM 204932107 1696 78900 SH SOLE 78900 COMPUTER SCIENCES CORP COM 205363104 3785 52480 SH SOLE 52480 COMPUWARE CORP COM 205638109 2621 54900 SH SOLE 54900 CONAGRA INC COM 205887102 9727 151685 SH SOLE 151685 CONCORD EFS INC COM 206197105 1298 50150 SH SOLE 50150 CONSECO INC COM 208464107 4274 115500 SH SOLE 115500 CONSOLIDATED EDISON CO N Y INC COM 209111103 4445 151000 SH SOLE 151000 CONSOLIDATED NAT GAS CO COM 209615103 3392 63028 SH SOLE 63028 CONSOLIDATED STORES CORP COM 210149100 274 7875 SH SOLE 7875 CONTINENTAL AIRLS INC CL B 210795308 1087 31100 SH SOLE 31100 COOPER INDS INC COM 216669101 3469 69729 SH SOLE 69729 PAGE 6 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE COOPER TIRE & RUBR CO COM 216831107 1261 57300 SH SOLE 57300 CORESTATES FINL CORP COM 218695104 8106 150812 SH SOLE 150812 CORNING INC COM 219350105 8777 157793 SH SOLE 157793 CORPORATE EXPRESS INC COM 219888104 183 12650 SH SOLE 12650 CORRECTIONS CORP AMER COM 220256101 2647 66600 SH SOLE 66600 COSTCO COMPANIES INC COM 22160Q102 4193 127557 SH SOLE 127557 COUNTRYWIDE CR INDS INC DEL COM 222372104 2795 89634 SH SOLE 89634 COVANCE INC COM 222816100 760 39373 SH SOLE 39373 COX COMMUNICATIONS INC NEW CL A 224044107 1180 49170 SH SOLE 49170 CRACKER BARREL OLD CTRY STR COM 224100107 1412 53300 SH SOLE 53300 CRESTAR FINL CORP COM 226091106 2642 67956 SH SOLE 67956 CROWN CORK & SEAL INC COM 228255105 3749 70155 SH SOLE 70155 CUMMINS ENGINE INC COM 231021106 1828 25900 SH SOLE 25900 CYPRUS AMAX MINERALS CO COM 232809103 1608 65650 SH SOLE 65650 CYTEC INDS INC COM 232820100 1585 42400 SH SOLE 42400 DQE INC COM 23329J104 1706 60400 SH SOLE 60400 DPL INC COM 233293109 2027 82300 SH SOLE 82300 DSC COMMUNICATIONS CORP COM 233311109 1756 78900 SH SOLE 78900 DST SYS INC DEL COM 233326107 913 27400 SH SOLE 27400 DTE ENERGY CO COM 233331107 2619 94800 SH SOLE 94800 DANA CORP COM 235811106 2945 77500 SH SOLE 77500 DARDEN RESTAURANTS INC COM 237194105 1234 136178 SH SOLE 136178 DAYTON HUDSON CORP COM 239753106 7968 149817 SH SOLE 149817 DEERE & CO COM 244199105 9569 174376 SH SOLE 174376 DELL COMPUTER CORP COM 247025109 11099 94508 SH SOLE 94508 DELTA AIR LINES INC DEL COM 247361108 3678 44851 SH SOLE 44851 DELTIC TIMBER CORP COM 247850100 328 11199 SH SOLE 11199 DELUXE CORP COM 248019101 2102 61600 SH SOLE 61600 DENTSPLY INTL INC NEW COM 249030107 837 17088 SH SOLE 17088 DIAL CORP NEW COM 25247D101 1181 75600 SH SOLE 75600 DIEBOLD INC COM 253651103 2310 59237 SH SOLE 59237 DIGITAL EQUIP CORP COM 253849103 3679 103819 SH SOLE 103819 DILLARDS INC CL A 254067101 2819 81407 SH SOLE 81407 DIME BANCORP INC NEW COM 25429Q102 1286 73510 SH SOLE 73510 DISNEY WALT CO COM 254687106 35979 448341 SH SOLE 448341 DOLE FOOD INC COM 256605106 1568 36667 SH SOLE 36667 DOLLAR GEN CORP COM 256669102 381 10150 SH SOLE 10150 DOLLAR TREE STORES INC COM 256747106 1098 21800 SH SOLE 21800 DOMINION RES INC VA COM 257470104 4032 110085 SH SOLE 110085 DONNELLEY R R & SONS CO COM 257867101 3082 84160 SH SOLE 84160 DOVER CORP COM 260003108 5182 84253 SH SOLE 84253 DOW CHEM CO COM 260543103 13356 153300 SH SOLE 153300 DOW JONES & CO INC COM 260561105 1575 39200 SH SOLE 39200 DRESSER INDS INC COM 261597108 4492 120589 SH SOLE 120589 DU PONT E I DE NEMOURS & CO COM 263534109 46318 736674 SH SOLE 736674 DUKE POWER CO COM 264399106 10929 227991 SH SOLE 227991 DUN & BRADSTREET CORP COM 264830100 3135 119429 SH SOLE 119429 EG & G INC COM 268457108 1080 48006 SH SOLE 48006 E M C CORP MASS COM 268648102 6131 157200 SH SOLE 157200 ENSCO INTL INC COM 26874Q100 2907 55100 SH SOLE 55100 PAGE 7 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE EASTMAN CHEM CO COM 277432100 3433 54064 SH SOLE 54064 EASTMAN KODAK CO COM 277461109 16491 214865 SH SOLE 214865 EATON CORP COM 278058102 4130 47300 SH SOLE 47300 ECHLIN INC COM 278749106 1793 49800 SH SOLE 49800 ECOLAB INC COM 278865100 2246 47042 SH SOLE 47042 EDISON INTL COM 281020107 6933 278700 SH SOLE 278700 EDWARDS AG INC COM 281760108 2171 50345 SH SOLE 50345 EL PASO NAT GAS CO COM NEW 283695872 2034 36978 SH SOLE 36978 ELECTRONIC ARTS INC COM 285512109 1321 39300 SH SOLE 39300 ELECTRONIC DATA SYS NEW COM 285661104 9275 226224 SH SOLE 226224 ELECTRONICS FOR IMAGING INC COM 286082102 2046 43300 SH SOLE 43300 EMERSON ELEC CO COM 291011104 16100 292390 SH SOLE 292390 ENGELHARD CORP COM 292845104 1550 74050 SH SOLE 74050 ENOVA CORP COM 293552105 1788 74300 SH SOLE 74300 ENRON CORP COM 293561106 6146 150600 SH SOLE 150600 ENSERCH CORP COM 293567103 1000 44932 SH SOLE 44932 ENTERGY CORP NEW COM 29364G103 3873 141470 SH SOLE 141470 EQUIFAX INC COM 294429105 4507 121190 SH SOLE 121190 EQUITABLE COS INC COM 29444G107 1967 59156 SH SOLE 59156 EQUITABLE RES INC COM 294549100 972 34250 SH SOLE 34250 ETHYL CORP COM 297659104 143 15500 SH SOLE 15500 EXXON CORP COM 302290101 99534 1618446 SH SOLE 1618446 F M C CORP COM NEW 302491303 1770 22287 SH SOLE 22287 FPL GROUP INC COM 302571104 4781 103788 SH SOLE 103788 FEDERAL EXPRESS CORP COM 313309106 4770 82600 SH SOLE 82600 FEDERAL HOME LN MTG CORP COM 313400301 16297 474100 SH SOLE 474100 FEDERAL NATL MTG ASSN COM 313586109 30850 707166 SH SOLE 707166 FEDERATED DEPT STORES INC DEL COM 31410H101 5220 150223 SH SOLE 150223 FIFTH THIRD BANCORP COM 316773100 5176 63100 SH SOLE 63100 FIRST AMER BK CORP COM 318906104 3617 79050 SH SOLE 79050 FIRST BK SYS INC COM 319279105 8218 96262 SH SOLE 96262 FIRST CHICAGO NBD CORP COM 31945A100 12959 214192 SH SOLE 214192 FIRST DATA CORP COM 319963104 12665 288240 SH SOLE 288240 FIRST EMPIRE ST CORP COM 320076102 371 1100 SH SOLE 1100 FIRST SEC CORP DEL COM 336294103 2468 90375 SH SOLE 90375 FIRST TENN NATL CORP COM 337162101 226 4700 SH SOLE 4700 FIRST UN CORP COM 337358105 16925 182974 SH SOLE 182974 FIRST VA BANKS INC COM 337477103 326 5400 SH SOLE 5400 FIRSTAR CORP COM 33761C103 3301 105200 SH SOLE 105200 FLEET FINL GROUP INC NEW COM 338915101 11147 176233 SH SOLE 176233 FLORIDA PROGRESS CORP COM 341109106 2025 64655 SH SOLE 64655 FLUOR CORP COM 343861100 3131 56740 SH SOLE 56740 FOOD LION INC CL B 344775101 1897 263900 SH SOLE 263900 FOOTSTAR INC COM 344912100 968 37054 SH SOLE 37054 FORD MTR CO DEL COM 345370100 29251 774871 SH SOLE 774871 FORE SYSTEMS INC COM 345449102 465 34100 SH SOLE 34100 FOREST LABS INC CL A 345838106 1503 36100 SH SOLE 36100 FORTUNE BRANDS INC COM 349631101 4331 116072 SH SOLE 116072 FOSTER WHEELER CORP COM 350244109 1061 26200 SH SOLE 26200 FOUNDATION HEALTH SYS INC COM 350404109 2534 83590 SH SOLE 83590 PAGE 8 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE FRANKLIN RES INC COM 354613101 4118 56750 SH SOLE 56750 FREEPORT-MCMORAN COPPER & GOLD CL A 35671D105 1245 42552 SH SOLE 42552 FREEPORT-MCMORAN COPPER & GOLD CL B 35671D857 3936 126468 SH SOLE 126468 FRITZ COS INC COM 358846103 193 19898 SH SOLE 19898 FRONTIER CORPORATION COM 35906P105 2352 117961 SH SOLE 117961 FRUIT OF THE LOOM INC CL A 359416104 1783 57500 SH SOLE 57500 GPU INC COM 36225X100 2669 74400 SH SOLE 74400 GTE CORP COM 362320103 27481 626342 SH SOLE 626342 GALLAHER GROUP PLC SPONSORED ADR 363595109 2140 116072 SH SOLE 116072 GANNETT INC COM 364730101 10210 103391 SH SOLE 103391 GAP INC DEL COM 364760108 5547 142700 SH SOLE 142700 GARTNER GROUP INC NEW COM 366651107 208 5800 SH SOLE 5800 GAYLORD ENTMT CO CL A 367901105 1143 49572 SH SOLE 49572 GENERAL DYNAMICS CORP COM 369550108 2404 32056 SH SOLE 32056 GENERAL ELEC CO COM 369604103 139323 2131140 SH SOLE 2131140 GENERAL INSTR CORP NEW COM 370121105 2290 91600 SH SOLE 91600 GENERAL MLS INC COM 370334104 6578 101008 SH SOLE 101008 GENERAL MTRS CORP COM 370442105 27515 494100 SH SOLE 494100 GENERAL MTRS CORP CL H 370442501 4048 70098 SH SOLE 70098 GENERAL NUTRITION COS INC COM 37047F103 1918 68500 SH SOLE 68500 GENERAL RE CORP COM 370563108 9391 51599 SH SOLE 51599 GENERAL SIGNAL CORP COM 370838104 1942 44516 SH SOLE 44516 GENUINE PARTS CO COM 372460105 4339 128100 SH SOLE 128100 GENZYME CORP COM GENL DIV 372917104 1468 52900 SH SOLE 52900 GEORGIA GULF CORP COM PAR $0.01 373200203 901 31000 SH SOLE 31000 GEORGIA PAC CORP COM 373298108 5160 60443 SH SOLE 60443 GIANT FOOD INC CL A 374478105 1357 41900 SH SOLE 41900 GILLETTE CO COM 375766102 34214 361093 SH SOLE 361093 GLENAYRE TECHNOLOGIES INC COM 377899109 827 50512 SH SOLE 50512 GLOBAL MARINE INC COM 379352404 363 15600 SH SOLE 15600 GOLDEN WEST FINL CORP DEL COM 381317106 2800 40000 SH SOLE 40000 GOODRICH B F CO COM 382388106 1892 43680 SH SOLE 43680 GOODYEAR TIRE & RUBR CO COM 382550101 7046 111292 SH SOLE 111292 GRACE W R & CO DEL COM 383911104 3327 60351 SH SOLE 60351 GRAINGER W W INC COM 384802104 2330 29800 SH SOLE 29800 GRAND CASINOS INC COM 385269105 409 27700 SH SOLE 27700 GREAT LAKES CHEM CORP COM 390568103 2263 43200 SH SOLE 43200 GREAT WESTN FINL CORP COM 391442100 4934 91800 SH SOLE 91800 GREEN TREE FINL CORP COM 393505102 3733 104800 SH SOLE 104800 GREENPOINT FINL CORP COM 395384100 2020 30350 SH SOLE 30350 GUIDANT CORP COM 401698105 4372 51431 SH SOLE 51431 HBO & CO COM 404100109 4518 65600 SH SOLE 65600 HFS INC COM 404181109 5551 95700 SH SOLE 95700 HALLIBURTON CO COM 406216101 6221 78500 SH SOLE 78500 HARCOURT GEN INC COM 41163G101 1950 40945 SH SOLE 40945 HARLEY DAVIDSON INC COM 412822108 2742 57200 SH SOLE 57200 HARNISCHFEGER INDS INC COM 413345109 332 8000 SH SOLE 8000 HARRAHS ENTMT INC COM 413619107 1370 75093 SH SOLE 75093 HARRIS CORP DEL COM 413875105 2881 34300 SH SOLE 34300 HARSCO CORP COM 415864107 2167 53500 SH SOLE 53500 PAGE 9 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE HARTFORD FINL SVCS GROUP INC COM 416515104 6466 78138 SH SOLE 78138 HASBRO INC COM 418056107 2248 79237 SH SOLE 79237 HEALTHSOUTH CORP COM 421924101 5317 213200 SH SOLE 213200 HEALTHCARE COMPARE CORP COM 421928102 204 3900 SH SOLE 3900 HEALTH MGMT ASSOC INC NEW CL A 421933102 2336 81950 SH SOLE 81950 HEALTH CARE & RETIREMENT DEL COM 421937103 350 10500 SH SOLE 10500 HEINZ H J CO COM 423074103 9663 209500 SH SOLE 209500 HERCULES INC COM 427056106 3413 71291 SH SOLE 71291 HERSHEY FOODS CORP COM 427866108 3783 68400 SH SOLE 68400 HEWLETT PACKARD CO COM 428236103 31146 556182 SH SOLE 556182 HILLENBRAND INDS INC COM 431573104 1568 33000 SH SOLE 33000 HILTON HOTELS CORP COM 432848109 3659 137750 SH SOLE 137750 HOME DEPOT INC COM 437076102 22750 330011 SH SOLE 330011 HOMESTAKE MNG CO COM 437614100 1402 107340 SH SOLE 107340 HONEYWELL INC COM 438506107 6692 88200 SH SOLE 88200 HOST MARRIOTT CORP COM 441078102 2281 128067 SH SOLE 128067 HOUSEHOLD INTL INC COM 441815107 7643 65080 SH SOLE 65080 HOUSTON INDS INC COM 442161105 3016 140674 SH SOLE 140674 HUBBELL INC CL B 443510201 2969 67474 SH SOLE 67474 HUMANA INC COM 444859102 2608 112800 SH SOLE 112800 HUNTINGTON BANCSHARES INC COM 446150104 3485 118628 SH SOLE 118628 IBP INC COM 449223106 1672 71900 SH SOLE 71900 IMC GLOBAL INC COM 449669100 1734 49556 SH SOLE 49556 ITT INDS INC IND COM 450911102 1996 77503 SH SOLE 77503 ITT CORP NEW COM 450912100 4720 77303 SH SOLE 77303 IDAHO POWER CO COM 451380109 235 7500 SH SOLE 7500 IDEXX LABS CORP COM 45168D104 379 30500 SH SOLE 30500 IKON OFFICE SOLUTIONS INC COM 451713101 2198 88130 SH SOLE 88130 ILLINOIS CENT CORP COM SER A 451841100 1688 48307 SH SOLE 48307 ILLINOIS TOOL WKS INC COM 452308109 7041 141000 SH SOLE 141000 ILLINOVA CORP COM 452317100 1506 68459 SH SOLE 68459 IMATION CORP COM 45245A107 941 35691 SH SOLE 35691 INFORMIX CORP COM 456779107 977 108586 SH SOLE 108586 INGERSOLL RAND CO COM 456866102 4733 76647 SH SOLE 76647 INLAND STL INDS INC COM 457472108 988 37800 SH SOLE 37800 INPUT/OUTPUT INC COM 457652105 678 37400 SH SOLE 37400 INTEL CORP COM 458140100 75993 535870 SH SOLE 535870 INTERNATIONAL BUSINESS MACHS COM 459200101 59248 656940 SH SOLE 656940 INTERNATIONAL FLAVORS&FRAGRANC COM 459506101 3250 64350 SH SOLE 64350 INTERNATIONAL GAME TECHNOLOGY COM 459902102 1709 96300 SH SOLE 96300 INTL PAPER CO COM 460146103 9298 191455 SH SOLE 191455 INTERNATIONAL RECTIFIER CORP COM 460254105 779 41812 SH SOLE 41812 INTERNEURON PHARMACEUTICALS COM 460573108 588 29200 SH SOLE 29200 INTERPUBLIC GROUP COS INC COM 460690100 4240 69158 SH SOLE 69158 INTERSTATE BAKERIES CORP DEL COM 46072H108 1317 22200 SH SOLE 22200 INTUIT COM 461202103 661 28800 SH SOLE 28800 IOMEGA CORP COM 462030107 1717 86400 SH SOLE 86400 IPALCO ENTERPRISES INC COM 462613100 1386 44350 SH SOLE 44350 IVAX CORP COM 465823102 837 74362 SH SOLE 74362 JLG INDS INC COM 466210101 587 43100 SH SOLE 43100 PAGE 10 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE JAMES RIV CORP VA COM 470349101 2710 73250 SH SOLE 73250 JEFFERSON PILOT CORP COM 475070108 3702 52987 SH SOLE 52987 JOHNSON & JOHNSON COM 478160104 55594 863600 SH SOLE 863600 JOHNSON CTLS INC COM 478366107 2546 62000 SH SOLE 62000 KLA-TENCORP CORP COM 482480100 244 5000 SH SOLE 5000 K MART CORP COM 482584109 4085 333500 SH SOLE 333500 KANSAS CITY PWR & LT CO COM 485134100 1702 59600 SH SOLE 59600 KANSAS CITY SOUTHN INDS INC COM 485170104 2080 32244 SH SOLE 32244 KELLOGG CO COM 487836108 4801 56073 SH SOLE 56073 KELLY SVCS INC CL A 488152208 1253 39950 SH SOLE 39950 KERR MCGEE CORP COM 492386107 2649 41800 SH SOLE 41800 KEYCORP NEW COM 493267108 8723 156115 SH SOLE 156115 KIMBERLY CLARK CORP COM 494368103 18366 369160 SH SOLE 369160 KING WORLD PRODTNS INC COM 495667107 719 20552 SH SOLE 20552 KNIGHT RIDDER INC COM 499040103 3049 62150 SH SOLE 62150 KOHLS CORP COM 500255104 2440 46100 SH SOLE 46100 KROGER CO COM 501044101 5012 172828 SH SOLE 172828 LCI INTL INC COM 501813109 1577 72100 SH SOLE 72100 LSI LOGIC CORP COM 502161102 2867 89600 SH SOLE 89600 LAFARGE CORP COM 505862102 331 13500 SH SOLE 13500 LEAR CORP COM 521865105 235 5300 SH SOLE 5300 LEARNING CO INC COM 522008101 238 25400 SH SOLE 25400 LEGGETT & PLATT INC COM 524660107 3341 77700 SH SOLE 77700 LEHMAN BROS HLDGS INC COM 524908100 3345 82590 SH SOLE 82590 LILLY ELI & CO COM 532457108 32674 298903 SH SOLE 298903 LIMITED INC COM 532716107 3104 153293 SH SOLE 153293 LINCARE HLDGS INC COM 532791100 1109 25800 SH SOLE 25800 LINCOLN NATL CORP IND COM 534187109 4735 73554 SH SOLE 73554 LINEAR TECHNOLOGY CORP COM 535678106 2815 54400 SH SOLE 54400 LITTON INDS INC COM 538021106 1388 28738 SH SOLE 28738 LIZ CLAIBORNE INC COM 539320101 2551 54720 SH SOLE 54720 LOCKHEED MARTIN CORP COM 539830109 11584 111860 SH SOLE 111860 LOEWS CORP COM 540424108 5083 50768 SH SOLE 50768 LONG ISLAND LTG CO COM 542671102 2243 97500 SH SOLE 97500 LOUISIANA LD & EXPL CO COM 546268103 1493 26134 SH SOLE 26134 LOUISIANA PAC CORP COM 546347105 1534 72600 SH SOLE 72600 LOWES COS INC COM 548661107 3880 104500 SH SOLE 104500 LUBRIZOL CORP COM 549271104 2025 48293 SH SOLE 48293 LUCENT TECHNOLOGIES INC COM 549463107 30570 424212 SH SOLE 424212 LYONDELL PETROCHEMICAL CO COM 552078107 825 37800 SH SOLE 37800 MBIA INC COM 55262C100 3587 31800 SH SOLE 31800 MBNA CORP COM 55262L100 7434 202987 SH SOLE 202987 MCI COMMUNICATIONS CORP COM 552673105 16905 441603 SH SOLE 441603 MGIC INVT CORP WIS COM 552848103 3933 82054 SH SOLE 82054 MACROMEDIA INC COM 556100105 263 30500 SH SOLE 30500 MALLINCKRODT INC NEW COM 561232109 2087 53500 SH SOLE 53500 MANPOWER INC COM 56418H100 2666 59900 SH SOLE 59900 MAPCO INC COM 565097102 1418 45000 SH SOLE 45000 MARSH & MCLENNAN COS INC COM 571748102 7000 98072 SH SOLE 98072 MARSHALL & ILSLEY CORP COM 571834100 3258 80200 SH SOLE 80200 PAGE 11 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE MARRIOTT INTL INC COM 571900109 4610 75108 SH SOLE 75108 MARTIN MARIETTA MATLS INC COM 573284106 1471 45437 SH SOLE 45437 MASCO CORP COM 574599106 4871 116673 SH SOLE 116673 MATTEL INC COM 577081102 6592 194588 SH SOLE 194588 MAXIM INTEGRATED PRODS INC COM 57772K101 2744 48250 SH SOLE 48250 MAY DEPT STORES CO COM 577778103 7902 167246 SH SOLE 167246 MAYTAG CORP COM 578592107 2296 87900 SH SOLE 87900 MCAFEE ASSOCS INC COM 579057100 1980 31362 SH SOLE 31362 MCCORMICK & CO INC COM NON VTG 579780206 1497 59300 SH SOLE 59300 MCDONALDS CORP COM 580135101 21705 449267 SH SOLE 449267 MCDONNELL DOUGLAS CORP COM 580169100 6971 101770 SH SOLE 101770 MCGRAW HILL COS INC COM 580645109 3958 67300 SH SOLE 67300 MCKESSON CORP NEW COM 581557105 1969 25400 SH SOLE 25400 MEAD CORP COM 582834107 2905 46672 SH SOLE 46672 MEDIC COMPUTER SYS INC COM 584472104 514 23100 SH SOLE 23100 MEDITRUST SH BEN INT 58501T108 211 5300 SH SOLE 5300 MEDPARTNERS INC NEW COM 58503X107 2081 96221 SH SOLE 96221 MEDTRONIC INC COM 585055106 12741 157300 SH SOLE 157300 MELLON BK CORP COM 585509102 8498 188314 SH SOLE 188314 MERCANTILE BANCORPORATION INC COM 587342106 434 7150 SH SOLE 7150 MERCANTILE BANKSHARES CORP COM 587405101 2184 54600 SH SOLE 54600 MERCANTILE STORES INC COM 587533100 1476 23450 SH SOLE 23450 MERCK & CO INC COM 589331107 81155 784104 SH SOLE 784104 MERCURY FIN CO COM 589395102 259 106350 SH SOLE 106350 MEREDITH CORP COM 589433101 1305 45000 SH SOLE 45000 MERRILL LYNCH & CO INC COM 590188108 8824 148000 SH SOLE 148000 MICROSOFT CORP COM 594918104 64885 513434 SH SOLE 513434 MICRON ELECTRONICS INC COM 595100108 363 20400 SH SOLE 20400 MICRON TECHNOLOGY INC COM 595112103 4544 113772 SH SOLE 113772 MIDAMERICA ENERGY HLDGS CO COM 595920109 1241 71700 SH SOLE 71700 MILLIPORE CORP COM 601073109 1580 35900 SH SOLE 35900 MINNESOTA MNG & MFG CO COM 604059105 27297 267619 SH SOLE 267619 MIRAGE RESORTS INC COM 60462E104 3411 135100 SH SOLE 135100 MOBIL CORP COM 607059102 35807 512438 SH SOLE 512438 MOLEX INC COM 608554101 2904 79552 SH SOLE 79552 MONEY STORE INC COM 60934T101 938 32700 SH SOLE 32700 MONSANTO CO COM 611662107 17108 397290 SH SOLE 397290 MONTANA POWER CO COM 612085100 941 40600 SH SOLE 40600 MORGAN J P & CO INC COM 616880100 13895 133125 SH SOLE 133125 MORGAN S D WITTER DISCOVER&CO COM NEW 617446448 12692 294725 SH SOLE 294725 MORTON INTL INC IND NEW COM 619335102 3403 112729 SH SOLE 112729 MOTOROLA INC COM 620076109 30284 398480 SH SOLE 398480 MURPHY OIL CORP COM 626717102 1857 38100 SH SOLE 38100 MYLAN LABS INC COM 628530107 1265 85750 SH SOLE 85750 NCR CORP NEW COM 62886E108 1924 64674 SH SOLE 64674 NGC CORP COM 629121104 1808 117100 SH SOLE 117100 NIPSCO INDS INC COM 629140104 1962 47485 SH SOLE 47485 NABISCO HLDGS CORP CL A 629526104 427 10700 SH SOLE 10700 NABORS INDS INC COM 629568106 2064 83400 SH SOLE 83400 NALCO CHEM CO COM 629853102 1892 48994 SH SOLE 48994 PAGE 12 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE NATIONAL CITY CORP COM 635405103 8253 157200 SH SOLE 157200 NATIONAL SEMICONDUCTOR CORP COM 637640103 2958 96600 SH SOLE 96600 NATIONAL SVC INDS INC COM 637657107 2154 44250 SH SOLE 44250 NATIONSBANK CORP COM 638585109 32953 510894 SH SOLE 510894 NEIMAN MARCUS GROUP INC COM 640204103 661 25200 SH SOLE 25200 NELLCOR PURITAN BENNET INC COM 640275103 870 48000 SH SOLE 48000 NETSCAPE COMMUNICATIONS CORP COM 641149109 1103 34400 SH SOLE 34400 NETWORK GEN CORP COM 641210109 594 39900 SH SOLE 39900 NEW ENGLAND ELEC SYS COM 644001109 1909 51600 SH SOLE 51600 NEW YORK ST ELEC & GAS CORP COM 649840105 1098 52600 SH SOLE 52600 NEW YORK TIMES CO CL A 650111107 3565 70600 SH SOLE 70600 NEWELL CO COM 651192106 4352 109830 SH SOLE 109830 NEWMONT MINING CORP COM 651639106 4001 102584 SH SOLE 102584 NEWPORT NEWS SHIPBUILDING INC COM 652228107 520 26734 SH SOLE 26734 NEXTEL COMMUNICATIONS INC CL A 65332V103 1977 104400 SH SOLE 104400 NIAGARA MOHAWK PWR CORP COM 653522102 992 115900 SH SOLE 115900 NICOR INC COM 654086107 1553 43300 SH SOLE 43300 NIKE INC CL B 654106103 5246 89872 SH SOLE 89872 NINE WEST GROUP INC COM 65440D102 787 20610 SH SOLE 20610 NOBLE AFFILIATES INC COM 654894104 1385 35800 SH SOLE 35800 NOBLE DRILLING CORP COM 655042109 2117 93834 SH SOLE 93834 NORAM ENERGY CORP COM 655419109 1464 96000 SH SOLE 96000 NORDSTROM INC COM 655664100 1842 37539 SH SOLE 37539 NORFOLK SOUTHERN CORP COM 655844108 8453 83900 SH SOLE 83900 NORTHEAST UTILS COM 664397106 894 93500 SH SOLE 93500 NORTHN STS PWR CO MINN COM 665772109 2500 48300 SH SOLE 48300 NORTHERN TR CORP COM 665859104 4431 91600 SH SOLE 91600 NORTHROP GRUMMAN CORP COM 666807102 3244 36940 SH SOLE 36940 NORTHWEST AIRLS CORP CL A 667280101 1826 50200 SH SOLE 50200 NORWEST CORP COM 669380107 14322 254613 SH SOLE 254613 NOVELL INC COM 670006105 1468 211613 SH SOLE 211613 NUCOR CORP COM 670346105 3483 60836 SH SOLE 60836 NYNEX CORP COM 670768100 16495 286245 SH SOLE 286245 OGE ENERGY CORP COM 670837103 1624 35700 SH SOLE 35700 OAKWOOD HOMES CORP COM 674098108 1075 44800 SH SOLE 44800 OCCIDENTAL PETE CORP DEL COM 674599105 5488 218987 SH SOLE 218987 OCTEL COMMUNICATIONS CORP COM 675724108 1158 49404 SH SOLE 49404 OFFICEMAX INC COM 67622M108 147 10200 SH SOLE 10200 OFFICE DEPOT INC COM 676220106 1936 99600 SH SOLE 99600 OHIO CAS CORP COM 677240103 1276 29000 SH SOLE 29000 OHIO EDISON CO COM 677347106 2238 102600 SH SOLE 102600 OLD REP INTL CORP COM 680223104 2498 82400 SH SOLE 82400 OLIN CORP COM PAR $1 680665205 1400 35834 SH SOLE 35834 OMNICARE INC COM 681904108 1701 54200 SH SOLE 54200 OMNICOM GROUP INC COM 681919106 413 6700 SH SOLE 6700 ORACLE CORP COM 68389X105 16887 335225 SH SOLE 335225 ORYX ENERGY COMPANY COM 68763F100 2121 100400 SH SOLE 100400 OWENS CORNING COM 69073F103 1665 38600 SH SOLE 38600 OWENS ILL INC COM NEW 690768403 2918 94126 SH SOLE 94126 OXFORD HEALTH PLANS INC COM 691471106 3857 53750 SH SOLE 53750 PAGE 13 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE PECO ENERGY CO COM 693304107 2961 141000 SH SOLE 141000 PG&E CORP COM 69331C108 6331 261054 SH SOLE 261054 PNC BK CORP COM 693475105 9399 225806 SH SOLE 225806 P P & L RES INC COM 693499105 2199 110300 SH SOLE 110300 PPG INDS INC COM 693506107 7044 121190 SH SOLE 121190 PACCAR INC COM 693718108 2371 51050 SH SOLE 51050 PACIFIC CENTY FINL CORP COM 694058108 2071 44780 SH SOLE 44780 PACIFIC ENTERPRISES COM 694232109 2085 62000 SH SOLE 62000 PACIFICARE HEALTH SYS DEL CL B 695112201 1555 24338 SH SOLE 24338 PACIFICORP COM 695114108 4145 188392 SH SOLE 188392 PAGING NETWORK INC COM 695542100 673 76600 SH SOLE 76600 PAINE WEBBER GROUP INC COM 695629105 2014 57550 SH SOLE 57550 PAIRGAIN TECHNOLOGIES INC COM 695934109 893 57600 SH SOLE 57600 PALL CORP COM 696429307 1890 81310 SH SOLE 81310 PARAMETRIC TECHNOLOGY CORP COM 699173100 3805 89400 SH SOLE 89400 PARKER HANNIFIN CORP COM 701094104 3177 52350 SH SOLE 52350 PAYCHEX INC COM 704326107 365 9600 SH SOLE 9600 PAYLESS SHOESOURCE INC COM 704379106 1961 35855 SH SOLE 35855 PENNEY J C INC COM 708160106 7122 136464 SH SOLE 136464 PENNZOIL CO COM 709903108 2702 35200 SH SOLE 35200 PEOPLES ENERGY CORP COM 711030106 1265 33800 SH SOLE 33800 PEOPLESOFT INC COM 712713106 417 7900 SH SOLE 7900 PEP BOYS MANNY MOE & JACK COM 713278109 1778 52200 SH SOLE 52200 PEPSICO INC COM 713448108 38555 1026428 SH SOLE 1026428 PERKIN ELMER CORP COM 714041100 2977 37411 SH SOLE 37411 PHARMACIA & UPJOHN INC COM 716941109 10016 288236 SH SOLE 288236 PFIZER INC COM 717081103 49640 415400 SH SOLE 415400 PHELPS DODGE CORP COM 717265102 3741 43910 SH SOLE 43910 PHILIP MORRIS COS INC COM 718154107 70151 1580869 SH SOLE 1580869 PHILLIPS PETE CO COM 718507106 6327 144623 SH SOLE 144623 PHYCOR INC COM 71940F100 1464 42500 SH SOLE 42500 PHYSICIAN RELIANCE NETWORK INC COM 71940G108 199 21200 SH SOLE 21200 PHYSICIAN SALES & SVC INC COM 71940L107 576 30300 SH SOLE 30300 PICTURETEL CORP COM NEW 720035302 257 27100 SH SOLE 27100 PINNACLE WEST CAP CORP COM 723484101 2196 73047 SH SOLE 73047 PIONEER HI BRED INTL INC COM 723686101 3784 47300 SH SOLE 47300 PITNEY BOWES INC COM 724479100 7225 101401 SH SOLE 101401 PITTSTON CO COM BRINKS GRP 725701106 944 31475 SH SOLE 31475 POLAROID CORP COM 731095105 1357 24445 SH SOLE 24445 POPULAR INC COM 733174106 2200 54500 SH SOLE 54500 PORTLAND GEN CORP COM 736506106 1865 46994 SH SOLE 46994 POTLATCH CORP COM 737628107 1172 25900 SH SOLE 25900 POTOMAC ELEC PWR CO COM 737679100 1755 75900 SH SOLE 75900 PRAXAIR INC COM 74005P104 6026 107600 SH SOLE 107600 PREMISYS COMMUNICATIONS INC COM 740584107 235 14900 SH SOLE 14900 PRICE T ROWE & ASSOCIATES COM 741477103 2034 39392 SH SOLE 39392 PROCTER & GAMBLE CO COM 742718109 62169 440136 SH SOLE 440136 PROGRESSIVE CORP OHIO COM 743315103 3028 34800 SH SOLE 34800 PROMUS HOTEL CORP COM 74342H104 1947 50246 SH SOLE 50246 PROTECTIVE LIFE CORP COM 743674103 1608 32000 SH SOLE 32000 PAGE 14 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE PROVIDIAN FINL CORP COM 74406A102 2503 77919 SH SOLE 77919 PUBLIC SERVICE CO COLO COM 744448101 2221 53523 SH SOLE 53523 PUBLIC SVC ENTERPRISE GROUP COM 744573106 3715 148600 SH SOLE 148600 QUAKER OATS CO COM 747402105 4223 94100 SH SOLE 94100 QUALCOMM INC COM 747525103 2049 40270 SH SOLE 40270 QUEST DIAGNOSTICS INC COM 74834L100 413 20086 SH SOLE 20086 QUESTAR CORP COM 748356102 1409 34900 SH SOLE 34900 QUINTILES TRANSNATIONAL CORP COM 748767100 1142 16400 SH SOLE 16400 RJR NABISCO HOLDINGS CORP COM NEW 74960K876 7425 224998 SH SOLE 224998 RPM INC OHIO COM 749685103 1146 62350 SH SOLE 62350 RALSTON PURINA CO COM RAL-PUR GP 751277302 5525 67228 SH SOLE 67228 RATIONAL SOFTWARE CORP COM NEW 75409P202 578 34400 SH SOLE 34400 RAYCHEM CORP DEL COM 754603108 2707 36400 SH SOLE 36400 RAYONIER INC COM 754907103 1078 25620 SH SOLE 25620 RAYTHEON CO COM 755111101 8022 157301 SH SOLE 157301 READ-RITE CORP COM 755246105 685 32800 SH SOLE 32800 READERS DIGEST ASSN INC CL A NON VTG 755267101 1617 56376 SH SOLE 56376 READERS DIGEST ASSN INC CL B 755267200 460 16600 SH SOLE 16600 READING & BATES CORP COM NEW 755281805 1487 55600 SH SOLE 55600 REEBOK INTL LTD COM 758110100 2127 45500 SH SOLE 45500 REGIONS FINL CORP COM 758940100 3144 99400 SH SOLE 99400 RELIASTAR FINL CORP COM 75952U103 2637 36058 SH SOLE 36058 REPUBLIC INDS INC COM 760516104 2578 106300 SH SOLE 106300 REPUBLIC N Y CORP COM 760719104 4698 43700 SH SOLE 43700 REYNOLDS METALS CO COM 761763101 2774 38937 SH SOLE 38937 RHONE POULENC RORER INC COM 76242T104 2945 32410 SH SOLE 32410 RICHFOOD HLDGS INC COM 763408101 1240 47694 SH SOLE 47694 RITE AID CORP COM 767754104 3150 63150 SH SOLE 63150 ROBERT HALF INTL INC COM 770323103 2555 54300 SH SOLE 54300 ROCKWELL INTL CORP NEW COM 773903109 6416 108748 SH SOLE 108748 ROHM & HAAS CO COM 775371107 2634 29250 SH SOLE 29250 ROUSE CO COM 779273101 2510 85100 SH SOLE 85100 ROWAN COS INC COM 779382100 1956 69400 SH SOLE 69400 RUBBERMAID INC COM 781088109 3090 103878 SH SOLE 103878 RUSSELL CORP COM 782352108 1164 39300 SH SOLE 39300 RYDER SYS INC COM 783549108 2171 65791 SH SOLE 65791 SBC COMMUNICATIONS INC COM 78387G103 36348 587438 SH SOLE 587438 SCI SYS INC COM 783890106 1587 24900 SH SOLE 24900 SAFECO CORP COM 786429100 4496 96300 SH SOLE 96300 SAFEGUARD SCIENTIFICS INC COM 786449108 983 30900 SH SOLE 30900 SAFEWAY INC COM NEW 786514208 7500 162600 SH SOLE 162600 ST JUDE MED INC COM 790849103 2168 55600 SH SOLE 55600 ST PAUL COS INC COM 792860108 4406 57778 SH SOLE 57778 SALOMON INC COM 79549B107 3908 70254 SH SOLE 70254 SANTA FE ENERGY RES INC COM 802012104 1010 68762 SH SOLE 68762 SARA LEE CORP COM 803111103 13123 315275 SH SOLE 315275 SCANA CORP COM 805898103 1995 80400 SH SOLE 80400 SCHERING PLOUGH CORP COM 806605101 22917 478682 SH SOLE 478682 SCHWAB CHARLES CORP NEW COM 808513105 3401 83600 SH SOLE 83600 SCIENTIFIC ATLANTA INC COM 808655104 1238 56600 SH SOLE 56600 PAGE 15 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE SCRIPPS HOWARD INC CL A 811054204 819 19670 SH SOLE 19670 SEAGATE TECHNOLOGY COM 811804103 5338 151700 SH SOLE 151700 SEARS ROEBUCK & CO COM 812387108 11872 220876 SH SOLE 220876 SECURITY DYNAMICS TECHNOLOGIES COM 814208104 1032 28000 SH SOLE 28000 SENSORMATIC ELECTRS CORP COM 817265101 688 53424 SH SOLE 53424 SERVICE CORP INTL COM 817565104 5641 171600 SH SOLE 171600 SHAW INDS INC COM 820286102 1055 99300 SH SOLE 99300 SHERWIN WILLIAMS CO COM 824348106 3450 111748 SH SOLE 111748 SHIVA CORP COM 824851109 288 27600 SH SOLE 27600 SIGMA ALDRICH CORP COM 826552101 2551 72760 SH SOLE 72760 SIGNET BKG CORP COM 826681108 2038 56614 SH SOLE 56614 SILICON GRAPHICS INC COM 827056102 1751 116762 SH SOLE 116762 SIMON DEBARTOLO GROUP INC COM 828781104 1295 40461 SH SOLE 40461 SMITH INTL INC COM 832110100 2144 35300 SH SOLE 35300 SNAP ON INC COM 833034101 1817 46150 SH SOLE 46150 SOLECTRON CORP COM 834182107 336 4800 SH SOLE 4800 SONAT INC COM 835415100 3213 62699 SH SOLE 62699 SONOCO PRODS CO COM 835495102 2248 73865 SH SOLE 73865 SOUTHERN CO COM 842587107 9115 416664 SH SOLE 416664 SOUTHERN NEW ENGLAND TELECOM COM 843485103 1994 51300 SH SOLE 51300 SOUTHLAND CORP COM NEW 844436402 423 126400 SH SOLE 126400 SOUTHTRUST CORP COM 844730101 3053 73800 SH SOLE 73800 SOUTHWEST AIRLS CO COM 844741108 2476 95690 SH SOLE 95690 SOUTHWESTERN PUB SVC CO COM 845743103 1742 44300 SH SOLE 44300 SPEEDWAY MOTORSPORTS INC COM 847788106 472 21700 SH SOLE 21700 SPRINT CORP COM 852061100 15199 288817 SH SOLE 288817 STANLEY WKS COM 854616109 2019 50478 SH SOLE 50478 STAPLES INC COM 855030102 2805 120637 SH SOLE 120637 STAR BANC CORP COM 855083101 3143 74400 SH SOLE 74400 STARBUCKS CORP COM 855244109 2325 59700 SH SOLE 59700 STATE STR CORP COM 857477103 5505 119034 SH SOLE 119034 STERIS CORP COM 859152100 1100 29424 SH SOLE 29424 STERLING COMM INC COM 859205106 1945 59171 SH SOLE 59171 STERLING SOFTWARE INC COM 859547101 794 25420 SH SOLE 25420 STONE CONTAINER CORP COM 861589109 893 62400 SH SOLE 62400 STORAGE TECHNOLOGY CORP COM PAR $0.10 862111200 2016 45300 SH SOLE 45300 STRYKER CORP COM 863667101 1991 57100 SH SOLE 57100 STUDENT LOAN MARKETING ASSN COM NEW VTG 863871505 4745 37361 SH SOLE 37361 SUMMIT BANCORP COM 866005101 3449 68800 SH SOLE 68800 SUN INC COM 866762107 1748 56400 SH SOLE 56400 SUN MICROSYSTEMS INC COM 866810104 9538 256256 SH SOLE 256256 SUNAMERICA INC COM 866930100 575 11800 SH SOLE 11800 SUNBEAM CORP COM 867071102 2582 68401 SH SOLE 68401 SUNDSTRAND CORP COM 867323107 2796 50100 SH SOLE 50100 SUNGLASS HUT INTL INC COM 86736F106 332 52600 SH SOLE 52600 SUNTRUST BKS INC COM 867914103 8490 154180 SH SOLE 154180 SUPERVALU INC COM 868536103 1911 55400 SH SOLE 55400 SYBASE INC COM 871130100 820 55100 SH SOLE 55100 SYNOVUS FINL CORP COM 87161C105 413 15000 SH SOLE 15000 SYSCO CORP COM 871829107 4343 118991 SH SOLE 118991 PAGE 16 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE TCI SATELLITE ENTMT INC CL A 872298104 573 72803 SH SOLE 72803 TECO ENERGY INC COM 872375100 2165 84700 SH SOLE 84700 TIG HLDGS INC COM 872469101 1451 46422 SH SOLE 46422 TJX COS INC NEW COM 872540109 3603 136612 SH SOLE 136612 TRW INC COM 872649108 5349 94152 SH SOLE 94152 TAMBRANDS INC COM 875080103 1443 28935 SH SOLE 28935 TANDEM COMPUTERS INC COM 875370108 2124 104900 SH SOLE 104900 TANDY CORP COM 875382103 2341 41800 SH SOLE 41800 TECUMSEH PRODS CO CL A 878895200 1003 16757 SH SOLE 16757 TELE COMMUNICATIONS INC NEW COM TCI GRP A 87924V101 6370 428243 SH SOLE 428243 TELE COMMUNICATIONS INC NEW COM LIB GRP A 87924V507 3745 157697 SH SOLE 157697 TELEPHONE & DATA SYS INC COM 879433100 1661 43700 SH SOLE 43700 TELLABS INC COM 879664100 6739 120600 SH SOLE 120600 TEMPLE INLAND INC COM 879868107 2057 38093 SH SOLE 38093 TENET HEALTHCARE CORP COM 88033G100 5724 193611 SH SOLE 193611 TENNECO INC NEW COM 88037E101 5109 113070 SH SOLE 113070 TERADYNE INC COM 880770102 2351 59902 SH SOLE 59902 TEXACO INC COM 881694103 18923 174006 SH SOLE 174006 TEXAS INSTRS INC COM 882508104 10603 126134 SH SOLE 126134 TEXAS UTILS CO COM 882848104 4774 138640 SH SOLE 138640 TEXTRON INC COM 883203101 6376 96062 SH SOLE 96062 THERMO FIBERTEK INC COM 88355W105 306 29100 SH SOLE 29100 THERMO ELECTRON CORP COM 883556102 3536 104012 SH SOLE 104012 THERMOLASE CORP COM 883624108 260 18500 SH SOLE 18500 THERMEDICS INC COM 883901100 370 23590 SH SOLE 23590 THOMAS & BETTS CORP COM 884315102 2108 40100 SH SOLE 40100 3COM CORP COM 885535104 10123 224950 SH SOLE 224950 360 COMMUNICATIONS CO COM 885571109 1723 100638 SH SOLE 100638 TIDEWATER INC COM 886423102 2253 51200 SH SOLE 51200 TIFFANY & CO NEW COM 886547108 1367 29600 SH SOLE 29600 TIME WARNER INC COM 887315109 14368 297783 SH SOLE 297783 TIMES MIRROR CO NEW COM SER A 887364107 3187 56100 SH SOLE 56100 TIMKEN CO COM 887389104 2015 56648 SH SOLE 56648 TORCHMARK CORP COM 891027104 3527 49500 SH SOLE 49500 TOSCO CORP COM NEW 891490302 2904 97004 SH SOLE 97004 TOYS R US INC COM 892335100 6098 174231 SH SOLE 174231 TRANSAMERICA CORP COM 893485102 4513 48234 SH SOLE 48234 TRANSOCEAN OFFSHORE INC COM 893817106 203 2800 SH SOLE 2800 TRAVELERS GROUP INC COM 894190107 27120 430047 SH SOLE 430047 TRIBUNE CO NEW COM 896047107 3648 75900 SH SOLE 75900 TUPPERWARE CORP COM 899896104 1577 43200 SH SOLE 43200 TYCO INTERNATIONAL LTD COM 902120104 7170 103066 SH SOLE 103066 TYSON FOODS INC CL A 902494103 1730 90442 SH SOLE 90442 UAL CORP COM PAR $0.01 902549500 2920 40800 SH SOLE 40800 UCAR INTL INC COM 90262K109 936 20460 SH SOLE 20460 USX MARATHON GROUP COM NEW 902905827 5807 201109 SH SOLE 201109 UST INC COM 902911106 3714 133842 SH SOLE 133842 USA WASTE SVCS INC COM 902917103 3125 80911 SH SOLE 80911 UNUM CORP COM 903192102 4140 98560 SH SOLE 98560 USF&G CORP COM 903290104 2298 95750 SH SOLE 95750 PAGE 17 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE U S G CORP COM NEW 903293405 1482 40600 SH SOLE 40600 USX-U S STL COM 90337T101 2027 57800 SH SOLE 57800 UNICOM CORP COM 904911104 3148 141468 SH SOLE 141468 UNION CAMP CORP COM 905530101 2375 47500 SH SOLE 47500 UNION CARBIDE CORP COM 905581104 3854 81900 SH SOLE 81900 UNION ELEC CO COM 906548102 2476 65700 SH SOLE 65700 UNION PAC CORP COM 907818108 10340 146672 SH SOLE 146672 UNION PAC RES GROUP INC COM 907834105 4180 168034 SH SOLE 168034 UNION TEX PETE HLDGS INC COM 908640105 207 9900 SH SOLE 9900 UNISOURCE WORLDWIDE INC COM 909208100 720 45015 SH SOLE 45015 UNISYS CORP COM 909214108 1118 146600 SH SOLE 146600 UNITED HEALTHCARE CORP COM 910581107 6439 123825 SH SOLE 123825 U S BANCORP ORE COM 911596104 7439 116002 SH SOLE 116002 UNITED STATES CELLULAR CORP COM 911684108 921 31100 SH SOLE 31100 US AIRWAYS GROUP INC COM 911905107 1759 50250 SH SOLE 50250 UNITED STATES SURGICAL CORP COM 912707106 1635 43900 SH SOLE 43900 U S WEST INC COM-COMMUNCTNS 912889102 10299 273267 SH SOLE 273267 U S WEST INC COM-MEDIA GRP 912889201 5463 269783 SH SOLE 269783 UNITED TECHNOLOGIES CORP COM 913017109 14316 172482 SH SOLE 172482 UNITRIN INC COM 913275103 1879 30800 SH SOLE 30800 UNOCAL CORP COM 915289102 6987 180020 SH SOLE 180020 V F CORP COM 918204108 3643 42800 SH SOLE 42800 VALERO ENERGY CORP COM 919138107 1200 33100 SH SOLE 33100 VALLEY NATL BANCORP COM 919794107 1237 45591 SH SOLE 45591 VALUE HEALTH INC COM 920393105 859 42400 SH SOLE 42400 VARIAN ASSOC INC COM 922204102 1247 22987 SH SOLE 22987 VASTAR RES INC COM 922380100 640 18240 SH SOLE 18240 VENCOR INC COM 922602107 407 9400 SH SOLE 9400 VIAD CORP COM 92552R109 2091 108600 SH SOLE 108600 VIACOM INC CL B 925524308 6789 226295 SH SOLE 226295 VIKING OFFICE PRODS COM 926913104 1330 70000 SH SOLE 70000 VULCAN MATLS CO COM 929160109 2206 28100 SH SOLE 28100 WACHOVIA CORP COM 929771103 6824 117030 SH SOLE 117030 WAL MART STORES INC COM 931142103 30799 910867 SH SOLE 910867 WALGREEN CO COM 931422109 9450 176220 SH SOLE 176220 WARNER LAMBERT CO COM 934488107 22130 178106 SH SOLE 178106 WASHINGTON MUT INC COM 939322103 2862 47900 SH SOLE 47900 WASHINGTON POST CO CL B 939640108 2229 5600 SH SOLE 5600 WASTE MGMT INC NEW COM 94106K101 10175 316725 SH SOLE 316725 WATSON PHARMACEUTICALS INC COM 942683103 1031 24400 SH SOLE 24400 WEATHERFORD ENTERRA INC COM 947071106 1536 39900 SH SOLE 39900 WELLS FARGO & CO DEL COM 949740104 15705 58276 SH SOLE 58276 WENDYS INTL INC COM 950590109 2487 95900 SH SOLE 95900 WESCO FINL CORP COM 950817106 1301 4000 SH SOLE 4000 WESTERN ATLAS INC COM 957674104 2534 34600 SH SOLE 34600 WESTERN DIGITAL CORP COM 958102105 259 8200 SH SOLE 8200 WESTERN NATL CORP COM 958845109 1426 53200 SH SOLE 53200 WESTERN RES INC COM 959425109 1538 47400 SH SOLE 47400 WESTINGHOUSE ELEC CORP COM 960402105 9541 412563 SH SOLE 412563 WESTVACO CORP COM 961548104 2364 75205 SH SOLE 75205 PAGE 18 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE WEYERHAEUSER CO COM 962166104 6947 133602 SH SOLE 133602 WHEELABRATOR TECH INC NEW COM PAR $0.01 962901302 828 53609 SH SOLE 53609 WHIRLPOOL CORP COM 963320106 2832 51900 SH SOLE 51900 WHITMAN CORP COM 96647K102 2233 88200 SH SOLE 88200 WILLAMETTE INDS INC COM 969133107 2723 38900 SH SOLE 38900 WILLIAMS COS INC DEL COM 969457100 4974 113700 SH SOLE 113700 WINN DIXIE STORES INC COM 974280109 2451 65800 SH SOLE 65800 WISCONSIN ENERGY CORP COM 976657106 2034 82200 SH SOLE 82200 WITCO CORP COM 977385103 1816 47877 SH SOLE 47877 WOOLWORTH CORP COM 980883102 2412 100500 SH SOLE 100500 WORLDCOM INC GA COM 98155K102 13528 422750 SH SOLE 422750 WORTHINGTON INDS INC COM 981811102 1180 64450 SH SOLE 64450 WRIGLEY WM JR CO COM 982526105 4643 69300 SH SOLE 69300 XILINX INC COM 983919101 2615 53300 SH SOLE 53300 XEROX CORP COM 984121103 17509 221990 SH SOLE 221990 YORK INTL CORP NEW COM 986670107 1615 35100 SH SOLE 35100 ZIONS BANCORPORATION COM 989701107 2393 63600 SH SOLE 63600 REPORT SUMMARY 817 DATA RECORDS 4730613 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
-----END PRIVACY-ENHANCED MESSAGE-----