-----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, WOL4CFVv3qoEZQwoe8Mao17NA0BJfbovcOEFLCiHYFMHm26Yuq+/3d/OCHLyuUhe rBH4ILN5isiu0mV55ietog== 0000754811-04-000002.txt : 20040211 0000754811-04-000002.hdr.sgml : 20040211 20040211114520 ACCESSION NUMBER: 0000754811-04-000002 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20031231 FILED AS OF DATE: 20040211 EFFECTIVENESS DATE: 20040211 FILER: COMPANY DATA: COMPANY CONFORMED NAME: U S GLOBAL INVESTORS INC CENTRAL INDEX KEY: 0000754811 STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282] IRS NUMBER: 741598370 STATE OF INCORPORATION: TX FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-02220 FILM NUMBER: 04584611 BUSINESS ADDRESS: STREET 1: 7900 CALLAGHAN RD CITY: SAN ANTONIO STATE: TX ZIP: 78229 BUSINESS PHONE: 2103081234 MAIL ADDRESS: STREET 1: 7900 CALLAGHAN ROAD CITY: SAN ANTONIO STATE: TX ZIP: 78229 FORMER COMPANY: FORMER CONFORMED NAME: UNITED SERVICES ADVISORS INC /TX/ DATE OF NAME CHANGE: 19950321 13F-HR 1 form13f_12-03.txt 13F HOLDING REPORT FOR DECEMBER 31, 2003 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F COVER PAGE Report for the Quarter Ended: December 31, 2003 Check here if Amendment: [ ] Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: U.S. Global Investors, Inc. Address: 7900 Callaghan Road San Antonio, TX 78229 13F File Number: 028-02220 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: Susan B. McGee Title: President, General Counsel Phone: 210-308-1234 /S/ Susan B. McGee ------------------ San Antonio, TX February 13, 2004 Report Type (Check only one.): [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: None FORM 13F SUMMARY PAGE REPORT SUMMARY: Number of Other Included Managers: 3 Form 13F Information Table Entry Total: 372 Form 13F Information Table Value Total: $268,735 (thousands) List of Other Included Managers: NO. 13F FILE NUMBER: NAME: --- --------------- --------------------------- 1 Unknown Bonnel, Inc. 2 Unknown Leeb Capital Management, Inc. 3 Unknown Charlemagne Capital (IOM) Limited
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ---------------------- -------- --------- -------- ------------------------ -------- ---------- ------------------------ SHARES VOTING AUTHORITY TITLE OF VALUE OR PUT/ INVESTMT OTHER ------------------------ NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT SH/PRN CALL DISCRETN MANAGERS SOLE SHARED NONE - ------------------------ -------- ---------- -------- ------- --------- ---- --------- -------- ----- ------ ------ 3M CO CMN STK 88579Y101 119 1,400 SH Sole 1,400 3M CO CMN STK 88579Y101 850 10,000 SH Defined 1 10,000 ABBOTT LABORATORIES CMN STK 002824100 466 10,000 SH Defined 1 10,000 ACCENTURE LTD BERMUDA CMN STK G1150G111 111 4,200 SH Sole 4,200 ADVANCED NEURO- MODULATION SYS CMN STK 00757T101 920 20,000 SH Defined 1 20,000 AFFILIATED COMPUTER SVCS A CMN STK 008190100 240 4,400 SH Sole 4,400 AFFILIATED MANAGERS GROUP INC CMN STK 008252108 696 10,000 SH Defined 1 10,000 AFLAC INC CMN STK 001055102 217 6,000 SH Defined 2 6,000 AGNICO EAGLE MINES WT 11/14/07 WTS 008474132 28 10,000 SH Sole 10,000 AGNICO EAGLE MINES WT 11/14/07 WTS 008474132 280 100,000 SH Sole 100,000 AGNICO EAGLE MINES WT 11/14/07 WTS 008474132 658 235,000 SH Sole 235,000 ALCOA INC CMN STK 013817101 1,140 30,000 SH Sole 30,000 ALCOA INC CMN STK 013817101 129 3,400 SH Sole 3,400 AMERICAN EXPRESS CMN STK 025816109 222 4,600 SH Sole 4,600 AMERICAN INTERNATIONAL GROUP CMN STK 026874107 146 2,200 SH Sole 2,200 AMERICAN STANDARD COMPANIES INC CMN STK 029712106 1,007 10,000 SH Defined 1 10,000 AMERISOURCEBERGEN CORP CLASS A CMN STK 03073E105 225 4,000 SH Sole 4,000 AMERITRADE HOLDING CORP CMN STK 03074K100 2,111 150,000 SH Defined 1 150,000 AMGEN INC CMN STK 031162100 272 4,400 SH Sole 4,400 ANALOG DEVICES INC CMN STK 032654105 114 2,500 SH Sole 2,500 ANHEUSER BUSCH INC CMN STK 035229103 105 2,000 SH Sole 2,000 APACHE CORP CMN STK 037411105 162 2,000 SH Defined 2 2,000 APACHE CORP CMN STK 037411105 406 5,000 SH Defined 1 5,000 APEX SILVER MINES LTD CMN STK G04074103 418 20,000 SH Defined 2 20,000 APOLLO GROUP INC CL A CMN STK 037604105 122 1,800 SH Sole 1,800 APPLEBEES INTL INC CMN STK 037899101 157 4,000 SH Sole 4,000 APPLEBEES INTL INC CMN STK 037899101 393 10,000 SH Defined 1 10,000 AQUANTIVE INC CMN STK 03839G105 513 50,000 SH Defined 1 50,000 ARACRUZ CELULOSE SA SPON ADR CMN STK 038496204 876 25,000 SH Sole 25,000 ARCH COAL INC CMN STK 039380100 623 20,000 SH Sole 20,000 ARCHER DANIELS MIDLAND CMN STK 039483102 97 6,400 SH Sole 6,400 ASHANTI GOLDFIELDS GDR CMN STK 043743202 456 35,000 SH Sole 35,000 ASHANTI GOLDFIELDS GDR CMN STK 043743202 848 65,000 SH Sole 65,000 AU OPTRONICS CORP ADR SPON CMN STK 002255107 179 15,000 SH Sole 15,000 AUTODESK INC CMN STK 052769106 246 10,000 SH Defined 1 10,000 AVON PRODS INC CMN STK 054303102 135 2,000 SH Sole 2,000 BANK OF AMERICA CORP CMN STK 060505104 225 2,800 SH Sole 2,800 BANK OF NEW YORK CO INC CMN STK 064057102 381 11,500 SH Defined 2 11,500 BARD CORP CMN STK 067383109 1,625 20,000 SH Defined 1 20,000 BARRICK GOLD CORPORATION CMN STK 067901108 227 10,000 SH Defined 2 10,000 BEA SYSTEMS INC CMN STK 073325102 369 30,000 SH Defined 1 30,000 BEMA GOLD CORP CMN STK 08135F107 224 60,000 SH Sole 60,000 BERKSHIRE HATHAWAY INC CL B CMN STK 084670207 662 235 SH Defined 2 235 BEST BUY INC CMN STK 086516101 68 1,300 SH Sole 1,300 BHP BILLITON LTD ADR CMN STK 088606108 1,278 70,000 SH Sole 70,000 BIOGEN IDEC INC CMN STK 09062X103 166 4,500 SH Defined 2 4,500 BIOLASE TECHNOLOGY INC CMN STK 090911108 332 20,000 SH Defined 1 20,000 BJ SERVICES CO CMN STK 055482103 718 20,000 SH Sole 20,000 BLACK & DECKER CORP CMN STK 091797100 986 20,000 SH Defined 1 20,000 BLOCK /H & R/ INC CMN STK 093671105 310 5,600 SH Defined 2 5,600 BOSTON SCIENTIFIC CORP CMN STK 101137107 735 20,000 SH Defined 1 20,000 BRADLEY PHARMACEU- TICALS INC CMN STK 104576103 763 30,000 SH Defined 1 30,000 BRILLIANCE CHINA AUTO SP ADR CMN STK 10949Q105 249 4,400 SH Sole 4,400 BURLINGTON RES INC CMN STK 122014103 2,769 50,000 SH Sole 50,000 BURLINGTON RES INC CMN STK 122014103 55 1,000 SH Sole 1,000 C/O BARRICK GOLD JAN 25 TCALL OPN 0679012AE 308 1,400 SH Sole 1,400 C/O BARRICK GOLD JAN 25 TCALL OPN 0679012AE 572 2,600 SH Sole 2,600 C/O PLACER DOME JAN 0015.00 TCALL OPN 7259062AC 574 1,400 SH Sole 1,400 C/O PLACER DOME JAN 0015.00 TCALL OPN 7259062AC 1,066 2,600 SH Sole 2,600 CACI INTNATL INC CL A CMN STK 127190304 292 6,000 SH Defined 2 6,000 CALIFORNIA PIZZA KITCHEN INC CMN STK 13054D109 201 10,000 SH Defined 1 10,000 CALPINE CORP CMN STK 131347106 1,203 250,000 SH Sole 250,000 CANYON RESOURCES CORP CMN STK 138869300 1,516 400,000 SH Sole 400,000 CAPITAL ONE FINANCIAL CORP CMN STK 14040H105 116 1,900 SH Sole 1,900 CARDINAL HEALTH CMN STK 14149Y108 183 3,000 SH Sole 3,000 CARDINAL HEALTH CMN STK 14149Y108 196 3,200 SH Defined 2 3,200 CATERPILLAR INC DEL CMN STK 149123101 100 1,200 SH Sole 1,200 CELGENE CORP CMN STK 151020104 900 20,000 SH Defined 1 20,000 CENDANT CORPORATION CMN STK 151313103 668 30,000 SH Defined 1 30,000 CENTRAL EUROPEAN DISTR CORP CMN STK 153435102 299 9,475 SH Defined 3 9,475 CENTRAL EUROPEAN MEDIA CL A CMN STK G20045202 1,567 90,226 SH Defined 3 90,226 CERADYNE INC CALIF CMN STK 156710105 1,022 30,000 SH Defined 1 30,000 CHEESECAKE FACTORY INC CMN STK 163072101 881 20,000 SH Defined 1 20,000 CHENIERE ENERGY INC CMN STK 16411R208 585 50,000 SH Sole 50,000 CHESAPEAKE ENERGY CORP CMN STK 165167107 2,716 200,000 SH Sole 200,000 CHESAPEAKE ENERGY CORP CMN STK 165167107 109 8,000 SH Sole 8,000 CHEVRON CORP CMN STK 166764100 432 5,000 SH Defined 2 5,000 CHICAGO BRIDGE & IRON ADR CMN STK 167250109 202 7,000 SH Sole 7,000 CHINA MOBILE HONG KONG ADR CMN STK 16941M109 466 30,000 SH Sole 30,000 CHINA PETROLEUM & CHEMICAL ADR CMN STK 16941R108 2,665 60,000 SH Sole 60,000 CHINA YUCHAI INTERNATIONAL LTD CMN STK G21082105 257 8,400 SH Sole 8,400 CHUBB CORP CMN STK 171232101 204 3,000 SH Sole 3,000 CISCO SYSTEMS INC CMN STK 17275R102 503 20,700 SH Sole 20,700 CITIGROUP INC CMN STK 172967101 413 8,500 SH Sole 8,500 CITIGROUP INC CMN STK 172967101 364 7,500 SH Defined 2 7,500 CITIGROUP INC CMN STK 172967101 971 20,000 SH Defined 1 20,000 CLAIRES STORES INC CMN STK 179584107 158 8,400 SH Sole 8,400 CNOOC LTD ADR CMN STK 126132109 2,794 70,000 SH Sole 70,000 CNOOC LTD ADR CMN STK 126132109 898 22,500 SH Sole 22,500 COEUR D ALENE MINES CORP CMN STK 192108108 578 100,000 SH Sole 100,000 COMMERCE BANCORP INC N J CMN STK 200519106 190 3,600 SH Sole 3,600 COMMUNITY HEALTH SYS INC CMN STK 203668108 1,063 40,000 SH Defined 1 40,000 COMTECH TELECOM- MUNICATIONS CMN STK 205826209 98 3,400 SH Sole 3,400 CONOCOPHILLIPS CMN STK 20825C104 393 6,000 SH Defined 2 6,000 COSTCO WHOLESALE CORP CMN STK 22160K105 112 3,000 SH Sole 3,000 COUNTRYWIDE FINANCIAL CORP CMN STK 222372104 152 2,000 SH Sole 2,000 CVS CORP CMN STK 126650100 1,084 30,000 SH Defined 1 30,000 DEAN FOODS CO CMN STK 242370104 657 20,000 SH Defined 1 20,000 DELL INC CMN STK 24702R101 76 2,240 SH Sole 2,240 DEVON ENERGY CORP CMN STK 25179M103 2,863 50,000 SH Sole 50,000 DEVON ENERGY CORP CMN STK 25179M103 57 1,000 SH Sole 1,000 DEVON ENERGY CORP CMN STK 25179M103 630 11,000 SH Defined 2 11,000 DIAGNOSTIC PRODUCTS CORP CMN STK 252450101 459 10,000 SH Defined 1 10,000 DIEBOLD INC CMN STK 253651103 539 10,000 SH Defined 1 10,000 DIGITAL INSIGHT CMN STK 25385P106 137 5,500 SH Sole 5,500 DISNEY WALT CO CMN STK 254687106 233 10,000 SH Defined 1 10,000 DOW CHEMICAL CO CMN STK 260543103 1,925 46,300 SH Sole 46,300 DOW CHEMICAL CO CMN STK 260543103 116 2,800 SH Sole 2,800 DU PONT (EI) DE NEMOURS CMN STK 263534109 1,161 25,300 SH Sole 25,300 DU PONT (EI) DE NEMOURS CMN STK 263534109 106 2,300 SH Sole 2,300 DYCOM INDS INC CMN STK 267475101 161 6,000 SH Sole 6,000 EARTHLINK INCORPORATED CMN STK 270321102 100 10,000 SH Sole 10,000 EASTMAN CHEMICAL CMN STK 277432100 1,581 40,000 SH Sole 40,000 EATON CORP CMN STK 278058102 1,080 10,000 SH Defined 1 10,000 EBAY INC CMN STK 278642103 284 4,400 SH Defined 2 4,400 EDUCATION MANAGEMENT CORP CMN STK 28139T101 621 20,000 SH Defined 1 20,000 EFUNDS CORP CMN STK 28224R101 156 9,000 SH Sole 9,000 EL PASO CORPORATION CMN STK 28336L109 1,229 150,000 SH Sole 150,000 EL PASO CORPORATION CMN STK 28336L109 57 7,000 SH Sole 7,000 ELECTRONIC ARTS INC CMN STK 285512109 449 9,400 SH Defined 2 9,400 ELI LILLY & CO CMN STK 532457108 218 3,100 SH Sole 3,100 EMULEX CORP CMN STK 292475209 267 10,000 SH Defined 1 10,000 ENCANA CORP CMN STK 292505104 181 4,600 SH Defined 2 4,600 ENERPLUS RESOURCES FUND CMN STK 29274D604 2,435 80,000 SH Sole 80,000 ENERPLUS RESOURCES FUND CMN STK 29274D604 396 13,000 SH Sole 13,000 ENSCO INTERNATIONAL INC CMN STK 26874Q100 815 30,000 SH Sole 30,000 EOG RESOURCES CMN STK 26875P101 3,232 70,000 SH Sole 70,000 EOG RESOURCES CMN STK 26875P101 106 2,300 SH Sole 2,300 EPIQ SYSTEMS INC CMN STK 26882D109 343 20,000 SH Defined 1 20,000 ESPEED INC COM CMN STK 296643109 234 10,000 SH Defined 1 10,000 EXPRESS SCRIPTS INC COMMON CMN STK 302182100 113 1,700 SH Sole 1,700 FINISH LINE INC CL A CMN STK 317923100 177 5,900 SH Sole 5,900 FIRST DATA CORP CMN STK 319963104 247 6,000 SH Sole 6,000 FIRST DATA CORP CMN STK 319963104 308 7,500 SH Defined 2 7,500 FISERV INC CMN STK 337738108 395 10,000 SH Defined 1 10,000 FMC CORP CMN STK 302491303 1,707 50,000 SH Sole 50,000 FORTUNE BRANDS CMN STK 349631101 715 10,000 SH Defined 1 10,000 FOSSIL INC CMN STK 349882100 560 20,000 SH Defined 1 20,000 FRANKLIN RESOURCES INC CMN STK 354613101 521 10,000 SH Defined 1 10,000 FREEPORT MCMORAN COPPER & GOLD B CMN STK 35671D857 843 20,000 SH Sole 20,000 FREEPORT MCMORAN COPPER & GOLD B CMN STK 35671D857 1,301 30,875 SH Sole 30,875 FREEPORT MCMORAN COPPER & GOLD B CMN STK 35671D857 3,058 72,575 SH Sole 72,575 FREEPORT MCMORAN COPPER & GOLD B CMN STK 35671D857 169 4,000 SH Sole 4,000 FREEPORT MCMORAN COPPER & GOLD B CMN STK 35671D857 352 8,350 SH Sole 8,350 FREEPORT-MC COPP SER II C PFD PFD STK 35671D881 173 4,000 SH Sole 4,000 FREEPORT-MC COPP SER II C PFD PFD STK 35671D881 541 12,500 SH Sole 12,500 FREEPORT-MC COPP SER II C PFD PFD STK 35671D881 1,147 26,500 SH Sole 26,500 FREEPORT-MC COPP SER II C PFD PFD STK 35671D881 217 5,000 SH Sole 5,000 FRONTLINE LTD CMN STK G3682E127 25 1,000 SH Sole 1,000 GENERAL DYNAMICS CMN STK 369550108 362 4,000 SH Defined 2 4,000 GENERAL ELECTRIC CO CMN STK 369604103 403 13,000 SH Sole 13,000 GENERAL ELECTRIC CO CMN STK 369604103 310 10,000 SH Defined 2 10,000 GENZYME CORP- GENERAL DIVISION CMN STK 372917104 375 7,600 SH Defined 2 7,600 GENZYME CORP- GENERAL DIVISION CMN STK 372917104 2,467 50,000 SH Defined 1 50,000 GEORGIA GULF CORP CMN STK 373200203 1,444 50,000 SH Sole 50,000 GEORGIA PACIFIC CORP CMN STK 373298108 1,073 35,000 SH Sole 35,000 GEORGIA PACIFIC CORP CMN STK 373298108 153 5,000 SH Sole 5,000 GLAMIS GOLD LTD CMN STK 376775102 171 10,000 SH Sole 10,000 GOLD FIELDS LTD SPON ADR CMN STK 38059T106 1,812 130,000 SH Sole 130,000 HARMAN INTL INDUSTRIES INC CMN STK 413086109 1,480 20,000 SH Defined 1 20,000 HARMONY GOLD MINING SPON ADR CMN STK 413216300 1,623 100,000 SH Sole 100,000 HARRIS INTERACTIVE INC CMN STK 414549105 50 6,000 SH Sole 6,000 HASBRO INC CMN STK 418056107 81 3,800 SH Sole 3,800 HEALTH MGMT ASSOC INC NEW CL A CMN STK 421933102 480 20,000 SH Defined 1 20,000 HECLA MINING CMN STK 422704106 829 100,000 SH Sole 100,000 HECLA MINING CMN STK 422704106 2,902 350,000 SH Sole 350,000 HERCULES INC CMN STK 427056106 1,525 125,000 SH Sole 125,000 HERCULES INC CMN STK 427056106 610 50,000 SH Defined 1 50,000 HUANENG POWER INTL ADR CMN STK 443304100 389 5,600 SH Sole 5,600 HUNT J B TRANS SVCS INC CMN STK 445658107 540 20,000 SH Defined 1 20,000 I SHARES MSCI HONG KONG INDEX MTL FND 464286871 550 55,000 SH Sole 55,000 I SHARES TAIWAN WEBS INDEX MTL FND 464286731 405 36,000 SH Sole 36,000 ILLINOIS TOOL WORKS CMN STK 452308109 117 1,400 SH Sole 1,400 IMPERIAL CHEM INDS PLC ADR CMN STK 452704505 1,718 120,000 SH Sole 120,000 INCO LTD CMN STK 453258402 1,593 40,000 SH Sole 40,000 INCO LTD CMN STK 453258402 498 12,500 SH Sole 12,500 INCO LTD CMN STK 453258402 119 3,000 SH Sole 3,000 INFORMATICA CORP CMN STK 45666Q102 2,060 200,000 SH Defined 1 200,000 INGERSOLL-RAND CMN STK G4776G101 149 2,200 SH Sole 2,200 INTEL CORP CMN STK 458140100 276 8,560 SH Sole 8,560 INTEL CORP CMN STK 458140100 483 15,000 SH Defined 2 15,000 INTEL CORP CMN STK 458140100 1,288 40,000 SH Defined 1 40,000 INTERACTIVECORP CMN STK 45840Q101 122 3,600 SH Sole 3,600 INTERDIGITAL COMMUNCTNS CORP CMN STK 45866A105 413 20,000 SH Defined 1 20,000 INTRAWEST CORP CMN STK 460915200 185 10,000 SH Defined 1 10,000 INTUIT CMN STK 461202103 370 7,000 SH Defined 2 7,000 INVACARE CORP CMN STK 461203101 807 20,000 SH Defined 1 20,000 ISHARES MSCI AUSTRALIA INDEX MTL FND 464286103 75 5,600 SH Sole 5,600 ISHARES MSCI JAPAN IDEX FD MTL FND 464286848 318 33,000 SH Sole 33,000 ISHARES MSCI MALAYSIA /FREE/ MTL FND 464286830 316 49,000 SH Sole 49,000 ISHARES MSCI SINGAPORE FREE MTL FND 464286673 384 64,000 SH Sole 64,000 ISHARES MSCI SOUTH KOREA INDEX MTL FND 464286772 376 15,000 SH Sole 15,000 JABIL CIRCUIT INC CMN STK 466313103 96 3,400 SH Sole 3,400 JOHNSON & JOHNSON CMN STK 478160104 191 3,700 SH Sole 3,700 JOHNSON CTLS INC CMN STK 478366107 581 5,000 SH Defined 1 5,000 JOY GLOBAL INC CMN STK 481165108 785 30,000 SH Sole 30,000 JOY GLOBAL INC CMN STK 481165108 58 2,200 SH Sole 2,200 JP MORGAN CHASE CMN STK 46625H100 173 4,700 SH Sole 4,700 KEY ENERGY SVCS INC CMN STK 492914106 773 75,000 SH Sole 75,000 KEY ENERGY SVCS INC CMN STK 492914106 144 14,000 SH Sole 14,000 KINDER MORGAN ENERGY PARTN LP CMN STK 494550106 788 16,000 SH Sole 16,000 KINDER MORGAN ENERGY PARTN LP CMN STK 494550106 123 2,500 SH Sole 2,500 K-SWISS CLASS A CMN STK 482686102 77 3,200 SH Sole 3,200 K-SWISS CLASS A CMN STK 482686102 962 40,000 SH Defined 1 40,000 LABONE INC CMN STK 50540L105 325 10,000 SH Defined 1 10,000 LABOR READY INC CMN STK 505401208 110 8,400 SH Sole 8,400 LAUDER ESTEE COS INC CL A CMN STK 518439104 67 1,700 SH Sole 1,700 LEAPFROG ENTERPRISES INC CMN STK 52186N106 53 2,000 SH Sole 2,000 LEGG MASON INC CMN STK 524901105 324 4,200 SH Sole 4,200 LEGG MASON INC CMN STK 524901105 2,315 30,000 SH Defined 1 30,000 LEHMAN BROTHERS HLDGS INC CMN STK 524908100 154 2,000 SH Sole 2,000 LEXMARK INTL INC CMN STK 529771107 786 10,000 SH Defined 1 10,000 LONE STAR TECHNOLOGIES INC CMN STK 542312103 799 50,000 SH Sole 50,000 LOUISIANA PACIFIC CORP CMN STK 546347105 1,246 69,700 SH Sole 69,700 LOUISIANA PACIFIC CORP CMN STK 546347105 89 5,000 SH Sole 5,000 LUCENT TECHNOLOGIES INC CMN STK 549463107 1,704 600,000 SH Defined 1 600,000 M D C HLDGS INC /DELAWARE/ CMN STK 552676108 52 800 SH Sole 800 MARATHON OIL CORP CMN STK 565849106 331 10,000 SH Defined 1 10,000 MAVERICK TUBE CORP CMN STK 577914104 963 50,000 SH Sole 50,000 MAXTOR CORPORATION CMN STK 577729205 1,110 100,000 SH Defined 1 100,000 MCDONALDS CORP CMN STK 580135101 2,483 100,000 SH Defined 1 100,000 MEDICAL ACTION INDS INC CMN STK 58449L100 187 10,000 SH Defined 1 10,000 MEDTRONIC INC CMN STK 585055106 136 2,800 SH Sole 2,800 MERCURY INTERACTIVE CORP CMN STK 589405109 486 10,000 SH Defined 1 10,000 METROLOGIC INSTRUMENTS INC CMN STK 591676101 810 30,000 SH Defined 1 30,000 MICROSOFT CORP CMN STK 594918104 366 13,300 SH Sole 13,300 MILLENNIUM CHEMICALS INC CMN STK 599903101 1,268 100,000 SH Sole 100,000 MILLENNIUM CHEMICALS INC CMN STK 599903101 146 11,500 SH Sole 11,500 MINAS BUENAVENTURA SP ADR B CMN STK 204448104 520 18,400 SH Sole 18,400 MINAS BUENAVENTURA SP ADR B CMN STK 204448104 1,640 58,000 SH Sole 58,000 MOBILE TELESYSTEMS SPON ADR CMN STK 607409109 3,001 36,249 SH Defined 3 36,249 MOBIUS MANAGEMENT SOLUTIONS CMN STK 606925105 253 20,000 SH Defined 1 20,000 MORGAN STANLEY CMN STK 617446448 185 3,200 SH Sole 3,200 NABORS INDUSTRIES INC CMN STK G6359F103 1,038 25,000 SH Sole 25,000 NABORS INDUSTRIES INC CMN STK G6359F103 166 4,000 SH Sole 4,000 NABORS INDUSTRIES INC CMN STK G6359F103 208 5,000 SH Defined 2 5,000 NAM TAI ELECTRONICS INC CMN STK 629865205 225 8,000 SH Sole 8,000 NAM TAI ELECTRONICS INC CMN STK 629865205 927 33,000 SH Defined 1 33,000 NATIONAL COMMERCE FINANCIAL CMN STK 63545P104 98 3,600 SH Sole 3,600 NATIONAL OILWELL INC CMN STK 637071101 894 40,000 SH Sole 40,000 NETSCREEN TECHNOLOGIES INC CMN STK 64117V107 250 10,100 SH Sole 10,100 NEW YORK COMMUNITY BANCORP CMN STK 649445103 233 6,133 SH Sole 6,133 NEWMONT MINING CORP CMN STK 651639106 2,917 60,000 SH Sole 60,000 NEWMONT MINING CORP CMN STK 651639106 8,264 170,000 SH Sole 170,000 NEWMONT MINING CORP CMN STK 651639106 243 5,000 SH Defined 2 5,000 NOBLE DRILLING CORP CMN STK G65422100 179 5,000 SH Defined 2 5,000 NORTHROP GRUNMAN CORP CMN STK 666807102 478 5,000 SH Defined 2 5,000 NOVELLUS SYSTEMS INC CMN STK 670008101 185 4,400 SH Sole 4,400 O2MICRO INTERNATIONAL LTD CMN STK G6797E106 896 40,000 SH Defined 1 40,000 OCCIDENTAL PETROLEUM CORP CMN STK 674599105 1,267 30,000 SH Sole 30,000 OIL SERVICE HOLDERS TR MTL FND 678002106 2,480 40,000 SH Sole 40,000 OMNICOM GROUP INC CMN STK 681919106 157 1,800 SH Sole 1,800 OMNIVISION TECHNOLOGIES INC CMN STK 682128103 553 10,000 SH Defined 1 10,000 O'REILLY AUTOMOTIVE INC CMN STK 686091109 384 10,000 SH Defined 1 10,000 OSHKOSH TRUCK CO CL B CMN STK 688239201 51 1,000 SH Sole 1,000 PACIFIC RIM MNG CORP_/CANADIAN/ CMN STK 694915208 20 18,187 SH Sole 18,187 PACIFIC RIM MNG CORP_/CANADIAN/ CMN STK 694915208 319 290,000 SH Sole 290,000 PACIFIC SUNWEAR CALIF INC CMN STK 694873100 53 2,500 SH Sole 2,500 PACIFIC SUNWEAR CALIF INC CMN STK 694873100 634 30,000 SH Defined 1 30,000 PACIFICARE HEALTH SYSTEMS CL A CMN STK 695112102 68 1,000 SH Sole 1,000 PATINA OIL & GAS CORP CMN STK 703224105 392 8,000 SH Defined 2 8,000 PATINA OIL & GAS CORP CMN STK 703224105 1,470 30,000 SH Defined 1 30,000 PATTERSON UTI ENERGY INC CMN STK 703481101 856 26,000 SH Sole 26,000 PATTERSON UTI ENERGY INC CMN STK 703481101 165 5,000 SH Sole 5,000 PEPSICO INC CMN STK 713448108 140 3,000 SH Sole 3,000 PETRO CANADA CMN STK 71644E102 222 4,500 SH Defined 2 4,500 PETROCHINA CO LTD ADS CMN STK 71646E100 2,853 50,000 SH Sole 50,000 PETROCHINA CO LTD ADS CMN STK 71646E100 1,112 19,500 SH Sole 19,500 PETROCHINA CO LTD ADS CMN STK 71646E100 513 9,000 SH Defined 2 9,000 PFIZER INC CMN STK 717081103 306 8,675 SH Sole 8,675 PFIZER INC CMN STK 717081103 456 12,900 SH Defined 2 12,900 PHELPS DODGE CORP CMN STK 717265102 1,141 15,000 SH Sole 15,000 PHELPS DODGE CORP CMN STK 717265102 99 1,300 SH Sole 1,300 PHILIPPINE LONG DIST TEL SPN ADR CMN STK 718252604 784 45,000 SH Sole 45,000 PIONEER NATURAL RESOURCES CO CMN STK 723787107 3,512 110,000 SH Sole 110,000 PIONEER NATURAL RESOURCES CO CMN STK 723787107 96 3,000 SH Sole 3,000 PLACER DOME INC CMN STK 725906101 1,612 90,000 SH Sole 90,000 PLACER DOME INC CMN STK 725906101 2,149 120,000 SH Sole 120,000 PLACER DOME INC CMN STK 725906101 10,925 610,000 SH Sole 610,000 POSCO SPONSORED ADR CMN STK 693483109 591 17,400 SH Sole 17,400 POTLATCH CORP CMN STK 737628107 695 20,000 SH Defined 1 20,000 PRAXAIR CMN STK 74005P104 764 20,000 SH Defined 1 20,000 PRECISION DRILLING CORP CMN STK 74022D100 524 12,000 SH Sole 12,000 PRECISION DRILLING CORP CMN STK 74022D100 87 2,000 SH Sole 2,000 PROASSURANCE CORPORATION CMN STK 74267C106 96 3,000 SH Sole 3,000 QLOGIC CORP CMN STK 747277101 1,032 20,000 SH Defined 1 20,000 QUALITY SYSTEMS INC CMN STK 747582104 446 10,000 SH Defined 1 10,000 RANGOLD RESOURCES LTD ADR CMN STK 752344309 1,092 40,000 SH Sole 40,000 RANGOLD RESOURCES LTD ADR CMN STK 752344309 1,706 62,500 SH Sole 62,500 RANGOLD RESOURCES LTD ADR CMN STK 752344309 3,617 132,500 SH Sole 132,500 RARE HOSPITALITY INTL INC CMN STK 753820109 244 10,000 SH Defined 1 10,000 REEBOK INTERNATIONAL LTD CMN STK 758110100 393 10,000 SH Defined 1 10,000 RIO TINTO PLC SPONSORED ADR CMN STK 767204100 1,113 10,000 SH Sole 10,000 ROHM & HAAS CO. CMN STK 775371107 854 20,000 SH Defined 1 20,000 ROWAN COMPANIES CMN STK 779382100 695 30,000 SH Sole 30,000 ROYAL GOLD INC CMN STK 780287108 42 2,000 SH Sole 2,000 SAN JUAN BASIN RTY TR UBI CMN STK 798241105 2,169 100,000 SH Sole 100,000 SAN JUAN BASIN RTY TR UBI CMN STK 798241105 108 5,000 SH Sole 5,000 SANDISK CORP CMN STK 80004C101 1,834 30,000 SH Defined 1 30,000 SAPPI LTD SPONSORED ADR CMN STK 803069202 1,367 100,000 SH Sole 100,000 SAPPI LTD SPONSORED ADR CMN STK 803069202 96 7,000 SH Sole 7,000 SASOL LTD SPONS ADR CMN STK 803866300 1,087 75,000 SH Sole 75,000 SCHEIN/HENRY/INC CMN STK 806407102 676 10,000 SH Defined 1 10,000 SCHLUMBERGER LTD CMN STK 806857108 1,094 20,000 SH Sole 20,000 SCHLUMBERGER LTD CMN STK 806857108 197 3,600 SH Defined 2 3,600 SCHWAB /CHARLES/ CORP CMN STK 808513105 90 7,600 SH Sole 7,600 SCIENTIFIC GAMES CORP - A CMN STK 80874P109 136 8,000 SH Sole 8,000 SCIENTIFIC GAMES CORP - A CMN STK 80874P109 680 40,000 SH Defined 1 40,000 SCP POOL CORP CMN STK 784028102 490 15,000 SH Defined 1 15,000 SECTOR SPDR TR SHS BEN INT TCH MTL FND 81369Y803 281 13,800 SH Sole 13,800 SEMPRA ENERGY CMN STK 816851109 1,503 50,000 SH Sole 50,000 SEMPRA ENERGY CMN STK 816851109 105 3,500 SH Sole 3,500 SHERWIN WILLIAMS CMN STK 824348106 695 20,000 SH Defined 1 20,000 SILICON LABORATORIES INC CMN STK 826919102 43 1,000 SH Sole 1,000 SMITH INTERNATIONAL INC CMN STK 832110100 1,246 30,000 SH Sole 30,000 SONIC CORP COM CMN STK 835451105 919 30,000 SH Defined 1 30,000 SONIC SOLUTIONS CMN STK 835460106 765 50,000 SH Defined 1 50,000 SOUTHTRUST CORP CMN STK 844730101 98 3,000 SH Sole 3,000 STANLEY WORKS CMN STK 854616109 757 20,000 SH Defined 1 20,000 STARBUCKS CORP CMN STK 855244109 40 1,200 SH Sole 1,200 STMICROELECTRONICS NV NY SHS CMN STK 861012102 108 4,000 SH Sole 4,000 SUN MICROSYSTEMS INC CMN STK 866810104 126 28,000 SH Sole 28,000 SUNOCO INC CMN STK 86764P109 2,558 50,000 SH Defined 1 50,000 SWIFT TRANSPORTATION INC CMN STK 870756103 420 20,000 SH Defined 1 20,000 SYBRON DENTAL SPECIALTIES CMN STK 871142105 562 20,000 SH Defined 1 20,000 SYMANTEC CORP CMN STK 871503108 693 20,000 SH Defined 1 20,000 SYSCO CORP CMN STK 871829107 223 6,000 SH Sole 6,000 TAIWAN SEMICONDUCTOR SPON ADR CMN STK 874039100 649 63,380 SH Sole 63,380 TBC CORP CMN STK 872180104 258 10,000 SH Defined 1 10,000 TECHNE CORP CMN STK 878377100 756 20,000 SH Defined 1 20,000 TELEKOMUNIKACJA POLSKA S A GDR CMN STK 87943D207 4,956 1,239,044 SH Defined 3 ,239,044 TETRA TECH INC CMN STK 88162G103 179 7,200 SH Sole 7,200 TEXAS INSTUMENTS INC CMN STK 882508104 320 10,900 SH Sole 10,900 TIFFANY & CO CMN STK 886547108 339 7,500 SH Sole 7,500 TIFFANY & CO CMN STK 886547108 1,017 22,500 SH Sole 22,500 TIFFANY & CO CMN STK 886547108 407 9,000 SH Defined 2 9,000 TIME WARNER INC CMN STK 887317105 405 22,500 SH Defined 2 22,500 TIVO INC CMN STK 888706108 52 7,000 SH Sole 7,000 TJX COMPANIES INC CMN STK 872540109 441 20,000 SH Defined 1 20,000 TRACTOR SUPPLY CO CMN STK 892356106 121 3,100 SH Sole 3,100 TRIMBLE NAVIGATON LTD CMN STK 896239100 1,490 40,000 SH Defined 1 40,000 TUESDAY MORNING CORP CMN STK 899035505 1,513 50,000 SH Defined 1 50,000 TYCO INTL LTD CMN STK 902124106 427 16,100 SH Defined 2 16,100 UCBH HOLDINGS INC CMN STK 90262T308 390 10,000 SH Sole 10,000 ULTRA PETROLEUM CMN STK 903914109 246 10,000 SH Sole 10,000 UNION PACIFIC CORP CMN STK 907818108 139 2,000 SH Sole 2,000 UNITED MICRO- ELECTRONICS ADR CMN STK 910873207 545 110,000 SH Sole 110,000 UNITED PARCEL SERVICE CL B CMN STK 911312106 2,982 40,000 SH Defined 1 40,000 UNITED STATES STEEL CORP CMN STK 912909108 1,051 30,000 SH Sole 30,000 UNITED STATES STEEL CORP CMN STK 912909108 123 3,500 SH Sole 3,500 UNITEDHEALTH GROUP INC CMN STK 91324P102 81 1,400 SH Sole 1,400 URBAN OUTFITTERS INC CMN STK 917047102 104 2,800 SH Sole 2,800 USANA HEALTH SCIENCES INC CMN STK 90328M107 918 30,000 SH Defined 1 30,000 VARCO INTERNATIONAL INC CMN STK 922122106 206 10,000 SH Defined 1 10,000 VCA ANTECH INC CMN STK 918194101 217 7,000 SH Sole 7,000 VERITAS SOFTWARE CORP CMN STK 923436109 1,115 30,000 SH Defined 1 30,000 VIMPEL COMMUNICATIONS SPON ADR CMN STK 68370R109 2,932 39,893 SH Defined 3 39,893 WAL MART STORES INC CMN STK 931142103 254 4,780 SH Sole 4,780 WALGREEN CO CMN STK 931422109 407 11,200 SH Defined 2 11,200 WATERS CORPORATION CMN STK 941848103 166 5,000 SH Defined 2 5,000 WEATHERFORD INTL LTD CMN STK G95089101 864 24,000 SH Sole 24,000 WEIGHT WATCHERS INTL INC CMN STK 948626106 169 4,400 SH Defined 2 4,400 WELLPOINT HEALTH NETWORKS INC CMN STK 94973H108 73 750 SH Sole 750 WELLS FARGO & COMPANY CMN STK 949746101 177 3,000 SH Sole 3,000 WELLS FARGO & COMPANY CMN STK 949746101 412 7,000 SH Defined 2 7,000 WERNER ENTERPRISE CMN STK 950755108 390 20,000 SH Defined 1 20,000 WILLIAMS COMPANIES INC CMN STK 969457100 982 100,000 SH Sole 100,000 WMC RESOURCES LTD SP ADR CMN STK 92928R106 388 22,700 SH Sole 22,700 WYETH CMN STK 983024100 144 3,400 SH Sole 3,400 XTO ENERGY INC CMN STK 98385X106 1,132 40,000 SH Defined 1 40,000 YANKEE CANDLE CO CMN STK 984757104 547 20,000 SH Defined 1 20,000 YPF SA SPONSORED ADR /REP CL D/ CMN STK 984245100 370 10,000 SH Sole 10,000 GRAND TOTAL: 268,735 12,724,327
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