13F-HR 1 sr3q01.txt 13F REPORT File No. 28-01823 FORM 13F INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT MANAGERS PURSUANT TO SECTION 13(f) OF THE SECURITIES EXCHANGE ACT OF 1934 AND RULES THEREUNDER Securities and Exchange Commission Washington, D.C. 20549 Report of the Calendar Quarter or Year Ended September 30, 2001. Name of Institutional Investment Manager: Stein Roe & Farnham Incorporated. Business Address: One South Wacker Drive, Chicago, Illinois, 60606. Name, Phone No., and Title of Person Duly Authorized to Submit This Report: William J. Ballou, (617) 772-3339, Assistant Secretary. ATTENTION - Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and U.S.C. 78ff(a). The institutional investment manager submitting this Form and its attachments and the person by whom it is signed represent hereby that all information contained herein is true, correct and complete. It is understood that all required items, statements and schedules are considered 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. Pursuant to the requirements of the Securities and Exchange Act of 1934, the undersigned institutional investment manager has caused this report to be signed on its behalf in the City of Boston and The Commonwealth of Massachusetts on the 5th day of November, 2001. Stein Roe & Farnham Incorporated. By: William J. Ballou, Assistant Secretary. Name and 13f file number of ALL Institutional Investment Managers with respect to which this Schedule is filed (other than the one filing this report). (List in alphabetical order.) 13f File Numbers will be assigned to Institutional Investment Managers after they file their first report. 1. Liberty Mutual Insurance Company (13F File No. 28-33) FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 Form 13F Information Table Entry Total: 372 Form 13F Information Table Value Total (000's): $3,246,598 List of Other Included Managers: No. 13F File Number Name 1 28-33 Liberty Mutual Insurance Co. FORM 13F INFORMATION TABLE
Item 1 Item 2 Item 3 Item 4 Item 5 Item 6 Item 7 Item 8 Title of CUSIP Fair Market Shares Investment Other Voting Authority Name of Issuer Class Number Value (000s) Discretion Manager(a)Sole (b)Shared (c)None A T & T CORP COM 001957109 9,054 469,115 Defined 1 469,115 A.C.L.N. LIMITED COM M01764105 1,178 30,000 Defined 1 24,300 5,700 ABBEY NATIONAL S D CV 002927AA9 2,760 2,500,000 Defined 1 2,500,000 ABBOTT LABS COM 002824100 60,364 1,164,200 Defined 1 61,200 778,300 324,700 ABN AMRO NA $2.995 PFD PFD STK 003714839 1,762 35,000 Defined 1 35,000 ACTUATE SOFTWARE COM 00508B102 406 97,000 Defined 1 80,300 16,700 AETNA INC COM 00817Y108 7,740 267,900 Defined 1 267,900 AFLAC INC COM 001055102 13,500 500,000 Defined 1 500,000 ALCOA INC COM 013817101 65,627 2,116,320 Defined 1 49,500 1,740,820 326,000 ALLEGHENY ENERGY IN COM COM 017361106 807 22,000 Defined 1 22,000 ALLIANCE DATA SYSTEMS CORP COM 018581108 601 37,000 Defined 1 37,000 ALTERA CORPORATION COM 021441100 1,731 105,000 Defined 1 105,000 AMBAC FINANCIAL GROUP INC COM 023139108 5,471 100,000 Defined 1 100,000 AMER HOME PROD COM 026609107 2,184 37,500 Defined 1 32,000 5,500 AMER INTERNATIONAL GROUP INC COM 026874107 73,690 944,740 Defined 1 944,740 AMERADA HESS CORP COM 023551104 3,632 57,200 Defined 1 57,200 AMERICA MOVIL-SERIES L COM 02364W105 408 27,500 Defined 1 27,500 AMERICAN HOME PRODUCTS CORP COM 026609107 34,723 596,100 Defined 1 596,100 AMERICAN INTL GROUP COM 026874107 22,894 293,519 Defined 1 79,287 214,232 AMERICAN ITALIAN PASTA CO A COM 027070101 2,102 48,600 Defined 1 41,300 7,300 AMERICAN MEDICAL SYSTEMS COM 02744M108 553 29,000 Defined 1 29,000 AMERICAN TOWER CORP CL A COM 029912201 6,945 500,000 Defined 1 500,000 AMERISOURCEBERGEN CORP COM 03073E105 8,159 115,000 Defined 1 115,000 AMGEN INC COM 031162100 2,292 39,000 Defined 1 39,000 AMR CORP COM 001765106 1,116 58,300 Defined 1 58,300 ANADARKO PETROLEUM COM 032511107 1,957 40,700 Defined 1 40,700 AOL TIME WARNER COM 00184A105 76,999 2,326,250 Defined 1 142,300 1,789,200 394,750 AON CORP COM 037389103 2,755 65,600 Defined 1 65,600 APACHE CORP COM 037411105 5,374 125,000 Defined 1 125,000 APLACN PWR $5.92 SFP PFD STK 037735859 2,075 20,000 Defined 1 20,000 APPLE COMPUTER INC COM 037833100 15,510 1,000,000 Defined 1 1,000,000 APPLIED MATLS COM 038222105 1,007 35,410 Defined 1 35,410 APPLIED MICRO CIRCUITS CORP COM 03822W109 699 100,000 Defined 1 81,000 19,000 APTARGROUP INC COM 038336103 741 23,300 Defined 1 23,300 AQUILLA INC COM 03840J106 1,208 55,400 Defined 1 55,400 ARCH COAL COM 039380100 360 23,100 Defined 1 23,100 ARCHER DANIELS MIDLAND CO COM 039483102 2,165 171,942 Defined 1 171,942 ARGOSY GAMING COMPANY COM 040228108 1,218 46,500 Defined 1 38,400 8,100 ARMOR HOLDINGS INC COM 042260109 1,388 70,100 Defined 1 50,400 19,700 ASPECT MEDICAL SYSTEMS INC COM 045235108 330 30,100 Defined 1 30,100 ASPEN TECHNOLOGY INC COM 045327103 390 39,000 Defined 1 39,000 ASTROPOWER INC COM 04644A101 266 7,700 Defined 1 7,700 AT & T WIRELESS SERVICES COM 00209A106 500 33,486 Defined 1 33,486 ATRIX LABORATIORIES INC COM 04962L101 484 20,600 Defined 1 20,600 AWARE INC/MASS COM 05453N100 162 41,000 Defined 1 41,000 BALLY TOTAL FITNESS HLDG CORP COM 05873K108 835 41,100 Defined 1 41,100 BANK HAPOALIM LTD-GDR COM 062510201 287 29,000 Defined 1 29,000 BANK NEW YORK INC COM 064057102 8,750 250,000 Defined 1 250,000 BANK ONE COM 06423A103 787 25,000 Defined 1 25,000 BARRICK GOLD CORP COM 067901108 2,394 138,000 Defined 1 138,000 BAXTER INTL INC COM 071813109 50,509 917,500 Defined 1 10,000 650,000 257,500 BEA SYSTEMS INC COM 073325102 13,721 1,430,800 Defined 1 1,430,800 BEA SYSTEMS INC COM 073325102 5,511 574,700 Defined 1 37,500 537,200 BED BATH & BEYOND INC COM 075896100 5,525 217,000 Defined 1 217,000 BELLSOUTH CORP COM 079860102 648 15,600 Defined 1 15,600 BERKSHIRE HATHAWAY IN CL A COM 084670108 4,060 58 Defined 1 58 BIOSPHERE MEDICAL COM 09066V103 86 10,400 Defined 1 10,400 BJ SERVICES CO COM 055482103 3,736 210,000 Defined 1 210,000 BOEING CO COM 097023105 1,152 34,400 Defined 1 34,400 BOSTON PRIVATE FINL HLDGS COM 101119105 1,278 65,500 Defined 1 53,700 11,800 BOSTON SCIENTIFIC CORP COM 101137107 2,468 120,400 Defined 1 120,400 BOWATER INC COM 102183100 2,073 47,100 Defined 1 47,100 BRINKER INTERNATIONAL INC COM 109641100 3,307 140,000 Defined 1 140,000 BRISTOL-MYERS SQUIBB CO COM 110122108 21,927 394,640 Defined 1 38,500 74,400 281,740 BUCA INC COM 117769109 2,244 200,000 Defined 1 200,000 CALIFORNIA PIZZA KITCHEN COM 13054D109 369 23,300 Defined 1 23,300 CALPINE CORPORATION COM 131347106 20,531 900,100 Defined 1 900,100 CAPITAL ONE FINANCIAL CORP COM 14040H105 1,611 35,000 Defined 1 35,000 CAREMARK RX INC COM 141705103 742 44,500 Defined 1 44,500 CARNIVAL CORP COM 143658102 3,654 165,920 Defined 1 165,920 CCI PFD $3.11 PFD H PFD STK 172967705 2,504 52,600 Defined 1 52,600 CEC ENTERTANMENT INC COM 125137109 1,722 50,500 Defined 1 41,000 9,500 CEDAR FAIR LP COM 150185106 6,158 315,000 Defined 1 315,000 CELGENE CORP COM 151020104 769 29,100 Defined 1 29,100 CH ROBINSON WORLDWIDE INC COM 12541W100 869 30,000 Defined 1 30,000 CHARTER COMMUNICATIONS INC-A COM 16117M107 1,424 115,000 Defined 1 115,000 CHASE MAN $2.48 PFD PFD STK 46625H852 2,431 50,000 Defined 1 50,000 CHECK POINT SOFTWARE TECH COM M22465104 437 19,855 Defined 1 19,855 CHEVRON CORP COM 166751107 2,280 26,900 Defined 1 26,900 CHICO'S FAS INC COM 168615102 890 37,800 Defined 1 37,800 CHOICEPOINT INC COM 170388102 500 12,000 Defined 1 5,850 6,150 CHUBB CORP COM 171232101 1,064 14,900 Defined 1 14,900 CIA PARANAENSE ENER-SP ADRP COM 20441B407 462 79,000 Defined 1 79,000 CIENA CORP COM 171779101 782 76,000 Defined 1 61,500 14,500 CIMA LABS INC. COM 171796105 1,051 17,300 Defined 1 14,000 3,300 CIRCUIT CITY STORES INC COM 172737108 514 42,800 Defined 1 42,800 CISCO SYSTEMS INC COM 17275R102 43,479 3,569,710 Defined 1 249,800 2,589,010 730,900 CITIGROUP INC COM 172967101 114,963 2,838,603 Defined 1 164,502 2,232,570 441,531 CLEAR CHANNEL COMMUNICATIONS COM 184502102 20,591 518,000 Defined 1 4,000 510,000 4,000 CLOSURE MEDICAL CORPORATION COM 189093107 479 24,900 Defined 1 24,900 CMS ENERGY CORP COM 125896100 568 28,400 Defined 1 28,400 COACH INC COM 189754104 4,692 177,000 Defined 1 177,000 COGNIZANT TECH SOLUTIONS CRP COM 192446102 1,037 46,300 Defined 1 37,100 9,200 COLDWATER CREEK INC COM 193068103 920 50,300 Defined 1 50,300 COMCAST CORP-SPECIAL CL A COM 200300200 6,134 171,000 Defined 1 171,000 COMMUNITY FIRST BANKSHARES COM 203902101 1,945 81,000 Defined 1 66,700 14,300 COMVERSE TECH COM 205862402 4,915 240,000 Defined 1 240,000 CONAGRA FOODS INC COM 205887102 3,987 177,600 Defined 1 177,600 CONCORD EFS INC COM 206197105 3,786 77,350 Defined 1 77,350 CONOCO INC -CL B COM 208251405 2,387 94,186 Defined 1 94,186 CONSTELLATION BRNDS COM 21036P108 2,925 70,200 Defined 1 58,300 11,900 CONSTELLATION ENERGY GROUP COM 210371100 605 25,000 Defined 1 25,000 COR THERAPEUTICS INC COM 217753102 457 20,200 Defined 1 20,200 CORINTHIAN COLLEGES INC COM 218868107 506 15,000 Defined 1 15,000 CORNING INCORPORATED COM 219350105 28,365 3,216,000 Defined 1 189,500 2,400,000 626,500 CORPORATE EXECUTIVE BOARD COM 21988R102 965 37,000 Defined 1 37,000 COX RADIO INC-CL A COM 224051102 3,631 180,000 Defined 1 180,000 CUBIST PHARMAECEUTICALS COM 229678107 767 23,400 Defined 1 23,400 CULLEN/FROST BANKERS INC COM 229899109 458 17,000 Defined 1 17,000 DELL COMPUTER CORPORATION COM 247025109 25,580 1,380,500 Defined 1 34,500 885,500 460,500 DELPHI AUTOMOTIVE SYSTEMS COM 247126105 2,348 199,800 Defined 1 199,800 DELTA & PINE LAND CO COM 247357106 594 35,000 Defined 1 35,000 DEUTSCHE TELEKOM AG SPONS ADR COM 251566105 1,789 115,450 Defined 1 115,450 DEVON ENERGY CORPORATION COM 25179M103 4,414 128,300 Defined 1 128,300 DOCTOR REDDY'S LAB- ADR COM 256135203 205 9,200 Defined 1 9,200 DOVER CORP COM 260003108 804 26,700 Defined 1 26,700 DRS TECHNOLOGIES-INC COM 23330X100 1,356 39,000 Defined 1 31,700 7,300 DSP GROUP INC COM 23332B106 2,550 127,800 Defined 1 105,000 22,800 DUKE ENERGY CORP COM 264399106 54,962 1,452,100 Defined 1 104,500 1,030,600 317,000 DUSA PHARMACEUTICALS INC COM 266898105 347 33,800 Defined 1 33,800 EAST WEST BANCORP COM 27579R104 3,406 145,600 Defined 1 121,500 24,100 EASTMAN KODAK CO COM 277461109 1,932 59,400 Defined 1 59,400 ECHOSTAR COMMUNICTIO COM 278762109 59,294 2,548,100 Defined 1 30,000 2,050,600 467,500 EDISON INTERNATIONAL COM 281020107 3,708 281,800 Defined 1 281,800 EFUNDS CORP COM 28224R101 526 31,600 Defined 1 31,600 EI DUPONT DE NEMOURS & CO INC COM 263534109 2,146 57,191 Defined 1 57,191 EL PASO CORPORATION COM 28336L109 2,846 68,500 Defined 1 68,500 ELECTRONIC ARTS INC COM 285512109 6,636 145,300 Defined 1 145,300 ELECTRONIC DATA SYSTEMS CORP COM 285661104 55,772 968,600 Defined 1 33,200 713,400 222,000 ELECTRONICS BOUTIQUE HOLDNG CO COM 286045109 404 15,000 Defined 1 15,000 ELI LILLY & CO COM 532457108 1,735 21,500 Defined 1 21,500 EMC CORP COM 268648102 26,421 2,248,600 Defined 1 157,500 1,586,300 504,800 EMERSON ELECTRIC CO COM 291011104 1,238 26,300 Defined 1 26,300 ENERGY EAST CORPORATION COM 29266M109 1,006 50,000 Defined 1 50,000 ENRON CORP COM 293561106 48,786 1,791,620 Defined 1 106,200 1,307,420 378,000 ENRON CORP CV CONV FXD 293561CD6 26,004 43,500,000Defined 1 43,500,000 ENZON INC COM 293904108 7,155 140,300 Defined 1 140,300 EQUITY RESIDENTIAL PROPS COM 29476L107 1,302 22,300 Defined 1 22,300 ERICSSON L M TEL CO COM 294821400 848 242,791 Defined 1 58,000 45,791 139,000 ESPEED INC-CL A COM 296643109 766 192,300 Defined 1 159,100 33,200 ESTEE LAUDER CO. COM 518439104 4,144 125,000 Defined 1 125,000 EXELON CORPORATION COM 30161N101 2,047 45,900 Defined 1 45,900 EXPEDITORS INTL WASH INC COM 302130109 8,050 170,000 Defined 1 170,000 EXPRESS SCRIPTS INC-CLASS A COM 302182100 9,435 170,000 Defined 1 170,000 EXULT INC COM 302284104 5,057 432,600 Defined 1 417,900 14,700 EXXON MOBIL CORPORATION COM 30231G102 9,312 236,340 Defined 1 236,340 FANNIE MAE COM 313586109 4,083 51,000 Defined 1 51,000 FASTENAL CO COM 311900104 7,977 140,000 Defined 1 140,000 FIDELITY NATIONAL FINL INC COM 316326107 4,507 167,600 Defined 1 167,600 FIFTH THIRD BANCORP COM 316773100 311 5,062 Defined 1 5,062 FINISAR CORPORATION COM 31787A101 3,911 987,600 Defined 1 964,900 22,700 FIRSTENERGY CORP COM 337932107 838 23,300 Defined 1 23,300 FISERV INC COM 337738108 10,681 313,125 Defined 1 313,125 FLEXTRONICS INTL LTD COM Y2573F102 4,466 270,000 Defined 1 270,000 FMC TECHNOLOGIES INC COM 30249U101 459 39,700 Defined 1 39,700 FORD MOTOR COMPANY -W/I COM 345370860 10,370 597,716 Defined 1 597,716 FOUR SEASONS HOTEL INC COM 35100E104 4,496 120,000 Defined 1 120,000 FPL GROUP INC COM 302571104 857 16,000 Defined 1 16,000 FREDDIE MAC COM 313400301 8,847 136,100 Defined 1 32,000 73,200 30,900 GALLAGHER (ARTHUR J.) & CO. COM 363576109 5,287 156,200 Defined 1 138,500 17,700 GAP INC COM 364760108 10,158 850,000 Defined 1 850,000 GATEWAY INC COM 367626108 289 53,000 Defined 1 53,000 GENENTECH INC COM 368710406 61,639 1,400,900 Defined 1 15,200 1,073,300 312,400 GENERAL DYNAMICS CORP COM 369550108 1,413 16,000 Defined 1 16,000 GENERAL ELECTRIC CO COM 369604103 104,605 2,811,960 Defined 1 170,300 2,205,460 436,200 GENERAL MILLS INC COM 370334104 1,815 39,900 Defined 1 39,900 GENESCO INC COM 371532102 707 43,500 Defined 1 43,500 GENTA INC COM 37245M207 1,314 127,000 Defined 1 103,900 23,100 GENTEX CORP COM 371901109 9,556 400,000 Defined 1 400,000 GILLETTE COM 375766102 685 23,000 Defined 1 23,000 GOLDMAN SACHS GROUP INC COM 38141G104 21,405 300,000 Defined 1 300,000 GRANITE CONSTRUCTION INC COM 387328107 523 20,400 Defined 1 20,400 GSI LUMONICS INC COM 36229U102 669 89,400 Defined 1 73,800 15,600 GUILFORD PHARMACEUTICALS INC COM 401829106 654 76,000 Defined 1 62,300 13,700 H J HEINZ CO COM 423074103 1,888 44,800 Defined 1 44,800 HALLIBURTON CO COM 406216101 841 37,300 Defined 1 37,300 HARLEY DAVIDSON COM 412822108 4,945 122,100 Defined 1 122,100 HARRAH'S ENTERTAINMENT INC COM 413619107 216 8,000 Defined 1 8,000 HCA INC COM 404119109 1,653 37,300 Defined 1 37,300 HEALTH MGMT ASSOCIATES INC A COM 421933102 5,190 250,000 Defined 1 250,000 HELLER FINL $6.95 PFD PFD STK 423328871 1,568 15,000 Defined 1 15,000 HISPANIC BROADCASTING CORP COM 43357B104 19,320 1,200,000 Defined 1 1,200,000 HOME DEPOT INC COM 437076102 47,625 1,241,200 Defined 1 101,850 1,079,400 59,950 HOT TOPIC INC COM 441339108 2,028 80,800 Defined 1 80,800 HOTEL RESERVATIONS INC-CL A COM 441451101 3,980 175,000 Defined 1 175,000 HOUSEHOLD INTERNATIONAL INC COM 441815107 45,668 810,000 Defined 1 810,000 I B M COM 459200101 220 2,400 Defined 1 2,400 I-MANY INC COM 44973Q103 299 128,800 Defined 1 106,400 22,400 IMPATH INC COM 45255G101 483 14,000 Defined 1 14,000 IMS HEALTH INC COM 449934108 3,883 155,000 Defined 1 155,000 INDYMAC BANCORP INC COM 456607100 431 15,900 Defined 1 15,900 INSITUFORM TECHNOLOGIES-CLA COM 457667103 488 28,600 Defined 1 28,600 INTEL CORP COM 458140100 4,282 210,000 Defined 1 210,000 INTERCEPT GROUP INC COM 45845L107 274 8,200 Defined 1 8,200 INTERMUNE INC COM 45884X103 2,873 75,100 Defined 1 63,500 11,600 INTERPUBLIC GROUP COS INC COM 460690100 1,350 66,200 Defined 1 66,200 INTUIT INC COM 461202103 25,060 700,000 Defined 1 700,000 INVESTORS FINANCIAL SVCS CP COM 461915100 6,513 113,000 Defined 1 113,000 ITC DELTACOM INC COM 45031T104 126 105,200 Defined 1 87,000 18,200 IVEX PACKAGING CORP COM 465855104 3,267 191,600 Defined 1 150,200 41,400 JABIL CIRCUIT INC COM 466313103 537 30,000 Defined 1 30,000 JOHNSON & JOHNSON COM 478160104 114,688 2,070,185 Defined 1 17,200 2,000,520 52,465 KIMBERLY CLARK CORP COM 494368103 2,331 37,600 Defined 1 37,600 KINDER MORGAN ENERGY PRTNRS COM 494550106 1,876 54,200 Defined 1 54,200 KINDER MORGAN INC COM 49455P101 33,463 680,000 Defined 1 680,000 KOHLS CORP COM 500255104 56,182 1,170,450 Defined 1 48,950 928,600 192,900 KRAFT FOODS INC-A COM 50075N104 8,764 255,000 Defined 1 5,000 250,000 LABORATORY CRP OF AMER HLDING COM 50540R409 11,319 140,000 Defined 1 140,000 LEHMAN BROTHERS HLDG INC COM 524908100 1,217 21,400 Defined 1 21,400 LEVEL 3 COMMUNICATON COM 52729N100 5,469 1,446,800 Defined 1 5,000 1,425,000 16,800 LIBERTY MEDIA CORP NEW SER A COM 530718105 84,266 6,635,100 Defined 1 347,800 5,220,0001,067,300 LILLY (ELI) COM 532457108 944 11,702 Defined 1 10,400 1,302 LINCLN NAT $1.60PFD PFD STK 534041207 1,012 40,000 Defined 1 40,000 LUCENT TECHNOLOGIES INC COM 549463107 1,506 262,800 Defined 1 262,800 MARSH & MCLENNAN CO INC COM 571748102 2,582 26,700 Defined 1 26,700 MATRIXONE INC COM 57685P304 925 170,200 Defined 1 139,600 30,600 MATTEL INC COM 577081102 28,188 1,800,000 Defined 1 1,800,000 MAXIM INTEGRATED PRODUCTS INC COM 57772K101 13,452 385,000 Defined 1 385,000 MAXIMUS INC COM 577933104 513 12,900 Defined 1 12,900 MBNA CORP COM 55262L100 23,778 785,000 Defined 1 785,000 MCDONALDS CORP COM 580135101 24,298 895,300 Defined 1 895,300 MCSI INC COM 55270M108 800 49,700 Defined 1 33,600 16,100 MEASUREMENT SPECAILITIES, INC COM 583421102 246 24,900 Defined 1 24,900 MEDTRONIC INC COM 585055106 79,870 1,836,100 Defined 1 136,700 1,250,600 448,800 MERCK & CO INC COM 589331107 4,482 67,300 Defined 1 63,700 3,600 METRIS COMPANIES INC COM 591598107 3,663 148,000 Defined 1 148,000 METTLER TOLEDO INTERNATIONAL COM 592688105 7,164 170,000 Defined 1 170,000 MGIC INV CORP COM 552848103 7,971 122,000 Defined 1 122,000 MICREL INC COM 594793101 299 15,000 Defined 1 15,000 MICROCHIP TECHNOLOGY COM 595017104 3,744 139,700 Defined 1 139,700 MICROSOFT CORP COM 594918104 102,749 2,008,000 Defined 1 85,600 1,659,800 262,600 MIDAMERICN ENERGY $7 PFD PFD STK 595620204 1,254 12,170 Defined 1 12,170 MINERALS TECHNOLOGIES INC COM 603158106 11,322 300,000 Defined 1 300,000 MIRANT CORP COM 604675108 679 31,012 Defined 1 31,012 MOLEX INC COM 608554200 5,954 245,000 Defined 1 245,000 MOTOROLA INC COM 620076109 827 53,000 Defined 1 53,000 MTR GAMING GROUP INC COM 553769100 1,219 131,500 Defined 1 107,700 23,800 NASDAQ-100 SHARES COM 631100104 290 10,000 Defined 1 10,000 NCO GROUP INC COM 628858102 479 35,000 Defined 1 35,000 NETWORK APPLIANCE INC COM 64120L104 3,128 460,000 Defined 1 460,000 NIPPON TELEGRAPH&TELE-SP ADR COM 654624105 671 29,000 Defined 1 29,000 NO IND PB SVC $3.00 PFD STK 665262879 263 5,500 Defined 1 5,500 NOBLE DRILLING CORP COM 655042109 3,595 149,800 Defined 1 10,000 39,800 100,000 NOKIA CORP ADR COM 654902204 54,630 3,490,700 Defined 1 142,700 2,750,000 598,000 NORTHEAST UTILITIES COM 664397106 1,019 54,400 Defined 1 54,400 NOVEN PHARMACEUTICALS INC COM 670009109 548 30,300 Defined 1 30,300 NUCOR CORP COM 670346105 2,144 54,000 Defined 1 54,000 OCEAN ENERGY INC NEW COM 67481E106 2,527 155,000 Defined 1 131,200 23,800 OPENWAVE SYSTEMS INC COM 683718100 1,084 85,000 Defined 1 85,000 ORACLE CORP COM 68389X105 2,285 181,600 Defined 1 181,600 ORION POWER HOLDINGS COM 686286105 574 22,500 Defined 1 22,500 O-SO CA ED $6.45 PFD02 PFD STK 842400780 296 5,450 Defined 1 5,450 P G & E CORP COM 69331C108 5,370 353,300 Defined 1 353,300 PACIFICORP $7.48 PFD PFD STK 695114652 748 7,000 Defined 1 7,000 PATTERSON-UTI ENERGY INC COM 703481101 459 37,100 Defined 1 37,100 PAYCHEX INC COM 704326107 11,816 375,000 Defined 1 375,000 PEPSI BOTTLING GROUP COM 713409100 1,728 37,500 Defined 1 37,500 PEPSICO INC COM 713448108 2,293 47,280 Defined 1 47,280 PERFORMANCE FOOD GROUP CO COM 713755106 699 24,500 Defined 1 24,500 PETROCHINA CO LTD-ADS COM 71646E100 192 10,000 Defined 1 10,000 PFIZER INC COM 717081103 101,282 2,525,753 Defined 1 175,943 1,809,010 540,800 PHARMACIA CORPORATION COM 71713U102 2,924 72,100 Defined 1 72,100 PHILADELPHIA CONSOLIDATED HLDG COM 717528103 3,616 104,100 Defined 1 86,300 17,800 PHILIP MORRIS CO INC COM 718154107 92,461 1,914,700 Defined 1 29,500 1,572,700 312,500 PHILLIPS PETROLEUM CO COM 718507106 2,958 54,830 Defined 1 54,830 PINNACLE WEST CAPITAL CORP COM 723484101 774 19,500 Defined 1 19,500 PLANAR SYSTEMS INC COM 726900103 467 23,200 Defined 1 23,200 PLATO LEARNING INC COM 72764Y100 439 18,200 Defined 1 18,200 PLEXUS CORP COM 729132100 377 16,000 Defined 1 16,000 PMC-SIERRA INC COM 69344F106 570 55,000 Defined 1 44,600 10,400 POGO PRODUCING CO COM 730448107 1,929 82,100 Defined 1 70,300 11,800 POTOMAC EL $3.40 SFP PFD STK 737679811 4,694 84,000 Defined 1 84,000 POTOMAC ELECTRIC POWER CO COM 737679100 731 33,300 Defined 1 33,300 PRAECIS PHARMACEUTICALS COM 739421105 232 62,200 Defined 1 51,500 10,700 PRAXAIR $6.75 PFD PFD STK 74005P302 519 5,000 Defined 1 5,000 PRECISE SOFTWARE SOLUTIONS COM M41450103 896 81,100 Defined 1 69,300 11,800 PROCTER & GAMBLE CO COM 742718109 5,969 82,000 Defined 1 82,000 PROVINCE HEALTHCARE INC COM 743977100 2,432 66,200 Defined 1 55,700 10,500 PUBLIC SERVICE CO NEW MEX COM 744499104 933 37,000 Defined 1 37,000 PUBLIC SERVICE ENTER GROUP INC COM 744573106 383 9,000 Defined 1 9,000 QWEST COMMUNICATIONS INTL COM 749121109 9,737 583,050 Defined 1 583,050 RADIAN GROUP INC COM 750236101 2,079 54,000 Defined 1 54,000 RADION ONE INC-CL D W/I COM 75040P405 3,497 303,000 Defined 1 255,000 48,000 RATIONAL SOFTWARE CORP COM 75409P202 6,841 790,000 Defined 1 790,000 RAYMOND JAMES FINANCIAL INC COM 754730109 3,394 125,000 Defined 1 125,000 RAYOVAC CORP COM 755081106 468 30,700 Defined 1 30,700 RAYTHEON CO COM 755111507 2,132 61,340 Defined 1 61,340 RCN CORP COM 749361101 73 22,949 Defined 1 22,949 RELIANT ENERGY INC COM 75952J108 303 11,500 Defined 1 11,500 RELIANT RESOURCES COM 75952B105 596 36,800 Defined 1 36,800 RENT-A-CENTER INC COM 76009N100 700 30,100 Defined 1 30,100 RIVIERA HLDGS CORP COM 769627100 3,643 857,160 Defined 1 857,160 ROYAL DUTCH PETRO-NY SHARES COM 780257804 2,523 50,200 Defined 1 50,200 S&P 400 MID-CAP DEP RECPT COM 595635103 1,108 14,000 Defined 1 14,000 SAFEWAY INC COM 786514208 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