13F-HR 1 0001.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2000 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: Liberty Mutual Insurance Company Address: 175 Berkeley Street Boston, Massachusetts 02117 Form 13F File Number: 28-33 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: Lindsay Cook Title: Authorized Person Phone: (617) 371-2303 Signature, Place, and Date of Signing: /s/ Lindsay Cook Boston, Massachusetts February 12, 2001 Report Type (Check only one.): [XX] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 368 Form 13F Information Table Value Total: $1,327,525 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] NONE FORM 13F INFORMATION TABLE
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8 Title Fair Mrk Shares Voting Authority of CUSIP Value or Prin Investment Other (A) (B) (C) Name of Issuer Class Number (+000) Amount Discretion Managers Sole Shared None AES CORP COM 00130H105 6,695 120,900 Defined 120,900 AT&T CORP COM 001957109 175 10,166 Sole 10,166 AT&T CORP COM LIBERTY MEDIA GROUP CL A 001957208 244 18,000 Sole 18,000 AT&T WIRELESS GROUP COM 001957496 1,764 101,900 Defined 101,900 ABGENIX INC. COM 00339B107 328 5,550 Sole 5,550 ACCREDO HEALTH INC COM 00437V104 959 19,100 Sole 19,100 A C NIELSEN CORP. COM 004833109 2,615 72,148 Sole 72,148 ACTUATE CORPORATION COM 00508B102 258 13,500 Sole 13,500 ADVANCE PARADIGM, INC. COM 007491103 355 7,800 Sole 7,800 ADVANTAGE LEARNING SYS INC COM 00757K100 424 12,600 Sole 12,600 ADVANCED NEUROMODULATION SYS COM 00757T101 766 37,600 Sole 37,600 AEGON NV NY REG 007924103 2,530 61,046 Defined 61,046 AGILENT TECHNOLOGIES INC. . COM 00846U101 2,088 38,133 Sole 38,133 AGRIBRANDS INTERNATIONAL, INC. COM 00849R105 273 5,100 Sole 5,100 AIR PRODUCTS & CHEMICALS INC COM 009158106 16,249 396,324 Sole 396,324 CHECK POINT SOFTWARE TECH ISIN IL0 ADR 010824113 2,104 15,754 Defined 9,950 5,804 ALASKA AIRGROUP INC COM 011659109 571 19,200 Sole 19,200 ALBANY INTERNATIONAL CL A 012348108 714 53,100 Sole 53,100 ALBANY MOLECULAR RESEARCH COM 012423109 1,202 19,500 Sole 19,500 ALCOA INC COM 013817101 464 13,844 Sole 13,844 ALCATEL SA SPR ADR 013904305 1,527 27,300 Defined 27,300 ALZA CORP COM 022615108 448 10,550 Sole 10,550 AMERICAN EAGLE OUTFITTERS COM 02553E106 465 11,000 Sole 11,000 AMERICAN FINANCIAL GROUP INC COM 025932104 305 11,500 Sole 11,500 AMERICAN HOME PRODUCTS COM 026609107 407 6,400 Sole 6,400 AMERICAN INTL GROUP INC COM 026874107 16,034 162,681 Sole 162,681 AMER-INTERNATIONAL GRP. INC. COM 026874107 3,274 33,212 Defined 33,212 AMERICAN TOWER CORP CL A 029912201 901 23,800 Sole 23,800 AMGEN COM 031162100 224 3,500 Sole 3,500 AMSURG CORP CL A 03232P108 310 12,700 Sole 12,700 ANADARKO PETROLEUM CORP. COM 032511107 530 7,450 Sole 7,450 ANALOG DEVICES INC. COM 032654105 256 5,000 Sole 5,000 ANCHOR GAMING COM 033037102 374 9,600 Sole 9,600 APPLIED MICRO CIRCUITS CORP COM 03822W109 265 6,200 Sole 6,200 APTARGROUP INC. COM 038336103 670 22,800 Sole 22,800 ARADIGM CORP COM 038505103 529 36,200 Sole 36,200 ARCH CAPITAL GROUP COM 03937L105 346 22,300 Sole 22,300 ASIAINFO HOLDINGS INC. COM 04518A104 28 3,000 Defined 3,000 ATWOOD OCEANICS INC COM 050095108 1,043 23,800 Sole 23,800 AUSPEX SYSTEMS COM 052116100 454 64,800 Sole 64,800 BISYS GROUP COM 055472104 313 6,000 Sole 6,000 BP AMOCO PLC SPN ADR 055622104 670 14,000 Defined 14,000 BARR LABORATORIES COM 068306109 817 11,200 Sole 11,200 BARRETT RESOURCES CORP COM 068480201 277 8,400 Sole 8,400 BEA SYSTEMS INC COM 073325102 475 7,050 Sole 7,050 BED BATH & BEYOND, INC. COM 075896100 269 12,000 Sole 12,000 BELL MICROPRODUCTS INC. COM 078137106 254 16,000 Sole 16,000 BELLSOUTH CORP COM 079860102 246 6,000 Sole 6,000 H & R BLOCK COM 093671105 166 4,000 Defined 4,000 BRINKER INTERNATIONAL INC COM 109641100 448 10,600 Sole 10,600 BRISTOL-MYERS CO. CL A 110122108 813 11,000 Sole 11,000 BROADWING INC. COM 111620110 1,882 82,500 Defined 82,500 BROOKS AUTOMATION INC COM 11434A100 298 10,600 Sole 10,600 TOM BROWN INC. COM 115660201 418 12,700 Sole 12,700 CNA SURETY CORPORATION COM 12612L108 614 43,100 Sole 43,100 CALIFORNIA PIZZA KITCHEN COM 13054D109 254 9,000 Sole 9,000 CALLAWAY GOLF COMPANY COM 131193104 225 12,100 Sole 12,100 CALPINE CORP. COM 131347106 4,560 101,200 Defined 101,200 CENTURY ALUMINUM COMPANY COM 156431108 499 43,900 Sole 43,900 CENTURYTEL, INC COM 156700106 461 12,900 Sole 12,900 CHARTERED SEMICONDUCTOR ADR 16133R106 433 16,400 Sole 16,400 CHARTERED SEMI CONDUCTOR ADR 16133R106 3,323 126,000 Defined 33,900 92,100 CHASE MANHATTAN CORP COM 16161A108 687 15,125 Sole 15,125 CHECKPOINT SYSTEMS COM 162825103 420 56,400 Sole 56,400 CHEVRON CORP COM 166751107 230 2,725 Sole 2,725 CHINA MOBILE ADR 16941M109 819 30,200 Defined 30,200 CHUBB CORP COM 171232101 536 6,200 Sole 6,200 CISCO SYS INC. COM 17275R102 459 12,000 Sole 12,000 CISCO SYS INC. COM 17275R102 2,396 62,650 Defined 62,250 400 CINTAS CORP. COM 172908105 239 4,500 Sole 4,500 CITIGROUP INC. COM 172967101 769 15,046 Sole 15,046 CITIGROUP INC. COM 172967101 3,431 67,200 Defined 67,200 CLAIRE COM 179584107 298 16,600 Sole 16,600 COLT TELECOM GRP. SPR ADR 196877104 886 10,100 Defined 10,100 COMCAST CORP COM 200300200 693 16,600 Sole 16,600 COMDISCO INC COM 200336105 435 38,000 Sole 38,000 COMMSCOPE, INC. COM 203372107 381 23,000 Sole 23,000 CIA TELECOM CHILE ADR 204449300 34 2,600 Defined 2,600 COMPUTER NETWORK TECH CORP COM 204925101 331 11,500 Sole 11,500 CONOCO INC. CL B 208251405 846 29,227 Defined 29,227 CONSTELLATION BRANDS INC-A COM 21036P108 500 8,500 Sole 8,500 CONSTELLATION ENERGY GRP COM 210371100 3,006 66,700 Defined 66,700 CHINA.COM KYG ADR 2108N1097 2,205 489,900 Defined 86,500 403,400 CORN PRODUCTS COM 219023108 523 18,000 Sole 18,000 COVNACE INC. COM 222816100 417 38,800 Sole 38,800 COVENTRY HEALTH COM 222862104 227 8,500 Sole 8,500 COX COMMUNICATIONS INC CL A 224044107 508 10,900 Sole 10,900 COX COMMUNICATIONS INC CL A 224044107 2,398 51,500 Defined 51,500 CYMER INC COM 232572107 278 10,800 Sole 10,800 DANAHER CORPORATION COM 235851102 410 6,000 Sole 6,000 DARDEN RESTAURANTS INC. COM 237194105 10,170 444,600 Sole 444,600 DEL MONTE FOODS CO COM 24522P103 58 8,000 Sole 8,000 DELUXE CORPORATION COM 248019101 2,028 80,264 Sole 80,264 DEVON ENERGY CORPORATION COM 25179M103 744 12,200 Sole 12,200 DEVRY INC. COM 251893103 491 13,000 Sole 13,000 DIANON SYSTEMS INC. COM 252826102 338 7,700 Sole 7,700 DIRECT FOCUS INC COM 254931108 460 13,700 Sole 13,700 DITECH COMMUNICATIONS COM 25500M103 545 33,900 Sole 33,900 DONALDSON CO INC COM 257651109 223 8,000 Sole 8,000 DORAL FINANCIAL CORP COM 25811P100 593 24,500 Sole 24,500 DORCHESTER HUGOTON COM 258205202 158 10,000 Defined 10,000 DRESS BARN INC COM 261570105 261 9,000 Sole 9,000 DUKE ENERGY CORP. COM 264399106 2,881 33,800 Defined 33,800 DUN & BRADSTREET CORP COM 26483E100 2,800 108,223 Sole 108,223 DUPONT PHOTOMASKS INC COM 26613X101 497 9,400 Sole 9,400 DYNEGY INC CL A 26816Q101 280 5,000 Sole 5,000 DYNEGY INC. CL A 26816Q101 8,247 147,100 Defined 147,100 EMC CORPORATION COM 268648102 665 10,000 Sole 10,000 EMC CORPORATION COM 268648102 2,913 43,800 Defined 43,800 EAST WEST BANCORP INC COM 27579R104 1,052 42,200 Sole 42,200 ECLIPSYS CORP COM 278856109 597 24,350 Sole 24,350 EDISON SCHOOLS INC. CL A 281033100 434,700 13,800 Sole 13,800 EDWARDS LIFESCIENCES COM 28176E108 435 31,300 Sole 31,300 EL PASO ELECTRIC CO. COM 283677854 374 28,404 Sole 28,404 EL PASO ENERGY GROUP COM 283905107 3,760 52,500 Defined 52,500 ELCOR CORP COM 284443108 440 26,100 Sole 26,100 ELECTRONICS FOR IMAGING COM 286082102 337 24,200 Sole 24,200 EMBRATEL PARTICIPACOES ADR 29081N100 846 53,900 Defined 4,800 49,100 ENERGIZER HOLDINGS INC. COM 29266R108 676 31,600 Sole 31,600 ENRON CORP. COM 293561106 7,664 92,200 Defined 92,200 EPRISE CORPORATION COM 294352109 834 482,214 Sole 482,214 ERICSSON LM TEL ADR 294821400 3,488 311,786 Defined 218,422 93,364 EVERGREEN RESOURCES INC. COM 299900308 456 11,800 Sole 11,800 EXELIXIS, INC. COM 30161Q104 8,546 584,316 Sole 584,316 EXELON CORP. COM 30161N101 3,637 51,800 Defined 51,800 EXIDE CORP COM 302051107 281 36,900 Sole 36,900 EXPRESS SCRIPTS COM 302182100 828 8,100 Sole 8,100 EXTENDED STAY AMERICA INC COM 30224P101 1,005 78,200 Sole 78,200 EXXON MOBIL CORP. COM 30231G102 1,286 14,795 Sole 14,795 FIDELITY NATIONAL COM 316326107 694 18,800 Sole 18,800 FIFTH THIRD BANCORP. COM 316773100 269 4,500 Sole 4,500 FIRST HORIZON PHARMACEUTICAL COM 32051K106 209 6,800 Sole 6,800 FISERV INCORP COM 337738108 370 7,800 Sole 7,800 FORMENTO ECONOMICO MEX ADR 344419106 125 4,200 Defined 4,200 FOREST LABS INC. COM 345838106 226 1,700 Sole 1,700 FOREST OIL CORP COM 346091606 744 47,800 Sole 47,800 FORRESTER RESEARCH INC COM 346563109 946 18,900 Sole 18,900 FRONTIER AIRLINES COM 359065109 854 27,600 Sole 27,600 GANNETT CO INC COM 364730101 3,393 53,802 Sole 53,802 GARTNER GROUP COM 366651206 655 103,262 Sole 103,262 GEMSTAR-TV GUIDE INTL INC COM 36866W106 461 10,000 Sole 10,000 GENAISSANCE PHARMACEUTICALS COM 36867W105 603 33,500 Sole 33,500 GENENTECH INC. COM 368710406 505 6,200 Sole 6,200 GENERAL DYNAMICS CORP COM 369550108 355 4,550 Sole 4,550 GENERAL ELECTRIC CO COM 369604103 83,643 1,744,842 Sole 1,744,842 GENERAL ELECTRIC CO COM 369604103 2,464 51,400 Defined 51,400 GENERAL MILLS INC COM 370334104 31,481 706,444 Sole 706,444 GENTEX CORP COM 371901109 615 33,000 Sole 33,000 GLAXOSMITHKLINE ADR 37733W105 2,238 39,963 Defined 33,988 5,975 GOAMERICA INC COM 38020R106 400 74,400 Sole 74,400 GOLDMAN SACHS GROUP COM 38141G104 262 2,450 Sole 2,450 GRAINGER W W INC COM 384802104 7,081 193,992 Sole 193,992 GRANT PRIDECO INC COM 38821G101 527 24,000 Sole 24,000 GREATER BAY BANCORP COM 391648102 1,009 24,600 Sole 24,600 GREY WOLF INC. COM 397888108 1,331 226,600 Sole 226,600 GRUPO TELEVISA SA SPR GDR 40049J206 2,508 55,800 Defined 4,900 50,900 GUCCI GROUP NV-Y REG SHS NY REG 401566104 973 10,994 Sole 10,994 GULF CANADA RESOURCES INC. COM 40218L305 48,124 9,506,827 Sole 9,506,827 H&CB COM 404008203 77 6,800 Defined 6,800 HS RESOURCES INC COM 404297103 572 13,500 Sole 13,500 HANOVER COMPRESSOR CO COM 410768105 1,693 38,000 Sole 38,000 HARRAH'S ENTERTAINMENT COM 413619107 524 19,850 Sole 19,850 HARTFORD FINANCIAL SVCS GRP COM 416515104 441 6,250 Sole 6,250 HEALTH MGMT ASSOCIATES CL A 421933102 482 23,250 Sole 23,250 HELMERICH & PAYNE INC COM 423452101 1,114 25,400 Sole 25,400 HENRY (JACK) & ASSOCIATES COM 426281101 683 11,000 Sole 11,000 HEWLETT-PACKARD CO COM 428236103 6,312 199,972 Sole 199,972 HOOPER HOLMES INC COM 439104100 442 40,000 Sole 40,000 HUNT J B TRANSPORT SVCS INC COM 445658107 279 16,600 Sole 16,600 IMS HEALTH INC. COM 449934108 11,688 432,892 Sole 432,892 ITT EDUCATIONAL COM 45068B109 396 18,000 Sole 18,000 IDEXX LABORATORIES INC COM 45168D104 220 10,000 Sole 10,000 ILLINOIS TOOL WORKS INC COM 452308109 226 3,800 Sole 3,800 IMPATH INC COM 45255G101 452 6,800 Sole 6,800 INDYMAC BANCORP INC COM 456607100 1,130 38,300 Sole 38,300 INFOSYS TECHNOLOGIES ADR 456788108 1,100 11,920 Defined 11,920 INPUT/OUTPUT INC. COM 457652105 638 62,600 Sole 62,600 INSIGHT COMMUNICATIONS COM 45768V108 350 14,900 Sole 14,900 INTEL CORP COM 458140100 286 9,500 Sole 9,500 INTEL CORP COM 458140100 12 400 Defined 400 INTERCEPT GROUP COM 45845L107 267 10,000 Sole 10,000 INTERGRAPH CORP. COM 458683109 419 69,900 Sole 69,900 INTERNATIONAL BUS MACHS CORP COM 459200101 357 4,200 Sole 4,200 INTERNATIONAL BUS MACHS CORP COM 459200101 1,309 15,400 Defined 15,400 INTERPUBLIC GROUP COS INC COM 460690100 268 6,300 Sole 6,300 INTERSTATE BAKERIES . COM 46072H108 705 50,100 Sole 50,100 INTRANET SOLUTIONS INC. COM 460939309 418 8,200 Sole 8,200 INVERNESS MEDICAL TECHNOLOGY COM 461268104 440 11,300 Sole 11,300 INVESTMENT TECHNOLOGY GROUP COM 46145F105 313 7,500 Sole 7,500 INVESTORS FINANCIAL SVCS COM 461915100 559 6,500 Sole 6,500 IRON MOUNTAIN INC COM 462846106 668 18,000 Sole 18,000 JOHNSON & JOHNSON COM 478160104 85,000 805,366 Sole 805,366 KANSAS CITY SOUTHERN INDS COM 485170302 506 50,000 Sole 50,000 KAYDON CORP COM 486587108 498 20,000 Sole 20,000 KINDER MORGAN ENERGY PARTNERS COM 494550106 4,877 86,600 Defined 86,600 KINDER MORGAN INC. COM 49455P101 4,149 79,500 Defined 79,500 KING PHARMACEUTICALS INC COM 495582108 517 10,000 Sole 10,000 KONINKLIJKE PHILIPS ELECTRONICS SPN ADR 500472303 453 12,494 Sole 12,494 KOREA TELECOM ADR 50063P103 21,464 692,380 Defined 204,216 427,564 60,600 KORN/FERRY INTERNATIONAL COM 500643200 272 12,800 Sole 12,800 KRONOS INC COM 501052104 300 9,700 Sole 9,700 L-3 COMMUNICATIONS HLDGS COM 502424104 539 7,000 Sole 7,000 LABORATORY CRP OF AMER HLDGS COM 50540R409 367 2,100 Sole 2,100 LEARNING TREE INTERNATIONAL COM 522015106 416 8,400 Sole 8,400 LEVEL 3 COMMUNICATIONS COM 52729N100 856 26,100 Defined 26,100 LIBERTY ALL-STAR GROWTH FUND COM 529900102 2,649 280,670 Sole 280,670 LIBERTY ALL-STAR EQUITY FUND ShBenInt 530158104 89,892 7,263,996 Sole 7,263,996 LIFEPOINT HOSPITALS COM 53219L109 456 9,100 Sole 9,100 ELI LILLY & CO COM 532457108 344 3,700 Sole 3,700 ELI LILLY & CO COM 532457108 279 3,000 Defined 3,000 LINCARE HOLDINGS INC COM 532791100 445 7,800 Sole 7,800 LONGVIEW FIBRE COM 543213102 454 33,600 Sole 33,600 LUMINEX CORP COM 55027E102 808 31,000 Sole 31,000 LUND INTERNATIONAL HOLDINGS COM 550368906 0 183,850 Sole 183,850 MBIA, INC. COM 55262C100 297 4,000 Sole 4,000 MACROVISION CORP COM 555904101 481 6,500 Sole 6,500 MATAV RT ADR 559776109 208 10,200 Defined 10,200 MAIL-WELL INC COM 560321200 222 51,500 Sole 51,500 MAPINFO CORP COM 565105103 558 11,800 Sole 11,800 MARSH & MCLENNAN COS COM 571748102 3,557 30,400 Defined 30,400 MARTIN MARIETTA MATERIALS COM 573284106 635 15,000 Sole 15,000 MAVERICK TUBE CORP COM 577914104 396 17,500 Sole 17,500 MCDONALDS CORP COM 580135101 67,999 1,999,960 Sole 1,999,960 MEDICALOGIC/MEDSCAPE COM 584642102 164 70,800 Sole 70,800 MEDICIS PHARMACEUTICAL CL A 584690309 355 6,000 Sole 6,000 MEDTRONIC INC CL A 585055106 483 8,000 Sole 8,000 MENTOR COM 587188103 308 15,800 Sole 15,800 MERCANTILE BANKSHARES CORP. SPN ADR 587405101 259 6,000 Sole 6,000 MERCK & CO INC COM 589331107 44,960 480,208 Sole 480,208 MERCK & CO INC COM 589331107 1,994 21,300 Defined 21,300 METLIFE, INC. COM 59156R108 16,820 480,585 Sole 480,585 METRIS COMPANIES INC COM 591598107 400 15,200 Sole 15,200 METROMEDIA FIBER NETWORK COM 591689104 1,048 103,500 Defined 103,500 MICROSOFT CORP. COM 594918104 811 18,700 Defined 18,700 MICROMUSE INC COM 595094103 410 6,800 Sole 6,800 MICROSEMI CORP COM 595137100 267 9,600 Sole 9,600 MID ATLANTIC MEDICAL COM 59523C107 353 17,800 Sole 17,800 MITEL CORP COM 606711109 363 45,000 Sole 45,000 MOTOROLA INC COM 620076109 225 11,100 Sole 11,100 NABORS COM 629568106 532 9,000 Sole 9,000 NATIONAL DATA CORP COM 635621105 787 21,500 Sole 21,500 NATIONAL SERVICE INDS INC COM 637657107 771 30,000 Sole 30,000 NETEGRITY INC. COM 64110P107 348 6,400 Sole 6,400 NEW ERA OF NETWORKS INC COM 644312100 138 23,400 Sole 23,400 NEWPORT CORP COM 651824104 283 3,600 Sole 3,600 NOKIA SPR ADR 654902204 3,403 78,220 Defined 49,120 29,100 NORTEL NETWORKS CORP. COM 656569100 1,747 54,479 Defined 10,900 43,579 NORTH FORK BANCORPORATION COM 659424105 442 18,000 Sole 18,000 NORTHERN TRUST CORP. COM 665859104 245 3,000 Sole 3,000 NOVA CORP/GEORGIA COM 669784100 419 21,000 Sole 21,000 OGE ENERGY COM 670837103 301 12,300 Sole 12,300 OAKLEY INC. COM 673662102 232 17,200 Sole 17,200 OMNICARE INC. COM 681904108 536 24,800 Sole 24,800 1-800 CONTACTS INC. COM 681977104 263 9,200 Sole 9,200 OPTIMAL ROBOTICS CORP CL A 68388R208 403 12,000 Sole 12,000 PACKAGING CORP OF AMERICA COM 695156109 174 10,800 Sole 10,800 PAPA JOHNS INT'L INC. COM 698813102 581 26,100 Sole 26,100 PARAMETRIC TECHNOLOGY CORP. COM 699173100 538 40,000 Sole 40,000 PENNZOIL-QUAKER STATE CO. COM 709323109 667 51,800 Sole 51,800 PENTON MEDIA INC COM 709668107 396 14,700 Sole 14,700 PEREGRINE SYSTEMS INC COM 71366Q101 389 19,700 Sole 19,700 PHARMACIA CORP. COM 716941109 2,222 36,425 Defined 36,425 PFIZER INC. COM 717081103 3,363 73,100 Defined 73,100 PHILLIPS-VAN COM 718592108 732 56,300 Sole 56,300 PICTURETEL CORP COM 720035302 192 80,900 Sole 80,900 PINNACLE WEST COM 723484101 3,119 65,500 Defined 65,500 PLAYTEX PRODUCTS INC COM 72813P100 583 60,600 Sole 60,600 PRESIDENTIAL LIFE CORP COM 740884101 194 13,000 Sole 13,000 PRIMEDIA INC. COM 74157K101 426 35,700 Sole 35,700 PRIMA ENERGY CORP COM 741901201 336 9,600 Sole 9,600 PRIORITY HEALTHCARE CORP-B CL B 74264T102 465 11,400 Sole 11,400 PROGENICS PHAR COM 743187106 235 13,600 Sole 13,600 PROVINCE HEALTHCARE CO COM 743977100 303 7,700 Sole 7,700 QLOGIC CORP COM 747277101 331 4,300 Sole 4,300 QUALCOMM INC. COM 747525103 205 2,500 Sole 2,500 QUANTA SERVICES INC. COM 74762E102 386 12,000 Sole 12,000 QWEST COMMUNICATION INT. COM 749121109 2,191 53,608 Defined 53,608 R. H. DONNELLEY CORP COM 74955W307 1,053 43,290 Sole 43,290 RALCORP HOLDINGS INC. COM 751028101 745 45,500 Sole 45,500 RARE HOSPITALITY INTL INC COM 753820109 301 13,500 Sole 13,500 REGIS CORP COM 758932107 284 19,600 Sole 19,600 REHABCARE GROUP INC COM 759148109 1,017 19,800 Sole 19,800 RICHMOND COUNTY FINL CORP COM 764556106 888 34,000 Sole 34,000 ROBERT HALF INTL INC COM 770323103 358 13,500 Sole 13,500 SBC COMMUNICATIONS INC. COM 78387G103 2,485 52,039 Defined 52,039 SEI INVESTMENTS COMPANY COM 784117103 258 2,300 Sole 2,300 SK TELECOM CO. LTD. ADR 78440P108 4,095 173,810 Defined 141,210 32,600 SAFEWAY INC. COM 786514208 125 2,000 Defined 2,000 SANDY SPRING BANCORP, INC. COM 800363103 582 25,604 Sole 25,604 SCHERING PLOUGH CORP COM 806605101 312 5,500 Sole 5,500 SCHLUMBERGER LTD. COM 806857108 975 12,200 Defined 12,200 SCOTTISH POWER PLC ADR 81013T105 3,149 103,900 Defined 103,900 SCOTTS COMPANY CL A 810186106 465 12,600 Sole 12,600 SEACOR SMIT INC COM 811904101 989 18,800 Sole 18,800 SINA.COM ISIN KYG COM 814771041 35 11,350 Defined 1,000 10,350 SENSORMATIC ELECTRONCIS COM 817265101 666 33,200 Sole 33,200 SEQUENOM INC COM 817337108 374 26,700 Sole 26,700 SERENA SOFTWARE COM 817492101 284 8,300 Sole 8,300 SHAW GROUP COM 820280105 550 11,000 Sole 11,000 SICOR INC. COM 825846108 595 41,200 Sole 41,200 SILICONE GRAPHICS, INC. COM 827056102 60 15,000 Sole 15,000 SKECHERS USA INC CL A 830566105 232 15,000 Sole 15,000 SOLA INTERNATIONAL INC COM 834092108 103 25,000 Sole 25,000 SOUTHERN CO. COM 842587107 559 16,800 Defined 16,800 SOUTHWEST BANCORP OF TEXAS COM 84476R109 429 10,000 Sole 10,000 SPANISH BROADCASTING COM 846425882 647 129,400 Sole 129,400 SPRINT CORP (FON GROUP) COM 852061100 1,091 53,700 Defined 53,700 SPRINT CORP. PCS COM 852061506 856 41,900 Defined 41,900 STANFORD MICRODEVICES INC COM 854399102 331 9,200 Sole 9,200 STARTEK INC COM 85569C107 633 41,200 Sole 41,200 STERICYCLE INC COM 858912108 1,018 26,700 Sole 26,700 STMICROELECTRONICS NY COM 861012102 497 11,618 Sole 11,618 SUN MICROSYSTEMS INC COM 866810104 647 23,200 Sole 23,200 SUN MICROSYSTEMS INC COM 866810104 1,539 55,200 Defined 55,200 SUNGLASS HUT COM 86736F106 124 24,200 Sole 24,200 SUNGARD DATA SYSTEMS INC. COM 867363103 2,106 44,700 Defined 44,700 SUPERIOR ENERGY SERVICES INC COM 868157108 1,035 90,000 Sole 90,000 SYNAVANT INC. COM 87157A105 101 21,645 Sole 21,645 TJX COS INC COM 872540109 222 8,000 Sole 8,000 TAIWAN SEMICONDUCTOR ADR 874039100 2,522 146,184 Defined 139,084 7,100 TELECENTRO SUL ADR 879239101 77 1,300 Defined 1,300 TELENORTE LESTE PAT. ADR 879246106 836 36,653 Defined 36,653 TELEFONICA SA ADR 879382208 1,848 36,968 Sole 36,968 TELEFONICA SA ADR 879382208 7,604 152,073 Defined 41,468 110,605 TELEFONOS DE MEXICO SPR ADR 879403780 1,250 27,700 Defined 5,700 22,000 TELESP CELLULAR ADR 87952L108 173 6,400 Defined 6,400 TELLABS, INC. COM 879664100 453 8,025 Sole 8,025 TELLABS INC. COM 879664100 2,311 40,900 Defined 40,900 TELETECH HOLDINGS INC COM 879939106 533 29,000 Sole 29,000 TEREX CORP COM 880779103 403 24,900 Sole 24,900 TEVA PHARMACEUTICAL SPR ADR 881624209 271 3,700 Defined 3,700 TEXAS INSTRUMENT COM 882508104 1,445 30,500 Defined 30,500 TOLL BROTHERS INC COM 889478103 347 8,500 Sole 8,500 TOLLGRADE COMMUNICATIONS COM 889542106 204 5,600 Sole 5,600 TREDEGAR CORPORATION COM 894650100 584 33,500 Sole 33,500 TRIZETTO GROUP INC COM 896882107 210 12,600 Sole 12,600 TYCO INT'L LTC COM 902124106 2,581 46,500 Defined 46,500 UCBH HOLDINGS INC COM 90262T308 853 18,300 Sole 18,300 UNITED MICROELECTRONICS ADR 910873207 1,062 128,700 Sole 128,700 UNITED MICROELECTRONICS ADR 910873207 16,792 2,035,348 Defined 1,047,248 811,800 176,300 VALASSIS COMMUNICATIONS INC COM 918866104 489 15,500 Sole 15,500 VARIAN MEDICAL SYSTEMS INC COM 92220P105 292 4,300 Sole 4,300 VENTIV HEALTH INC. COM 922793104 490 39,000 Sole 39,000 VERIZON COMMUNICATIONS COM 92343V104 587 11,702 Sole 11,702 VERTEX PHARMACEUTICALS INC COM 92532F100 286 4,000 Sole 4,000 VIACOM INC. CL B 925524308 228 4,883 Sole 4,883 VIACOM INC. CL B 925524308 958 20,500 Defined 20,500 VINA CONCHA Y TORO ADR 927191106 101 2,600 Defined 2,600 VODAFONE AIRTOUCH ADR 92857W100 2,715 75,800 Defined 3,400 72,400 VODAFONE AIRTOUCH SPN ADR 92857W100 452 12,617 Sole 12,617 WABTEC COM 929740108 592 50,400 Sole 50,400 WAL MART STORES INC. COM 931142103 2,359 44,400 Defined 44,400 WALTER INDUSTRIES COM 93317Q105 613 81,700 Sole 81,700 WASTE CONNECTIONS INC COM 941053100 1,167 35,300 Sole 35,300 WEATHERFORD INTERNATIONAL COM 947074100 203 4,300 Sole 4,300 WEBLINK WIRELESS COM 94769A101 251 73,100 Sole 73,100 WELLMAN INC. COM 949702104 428 30,300 Sole 30,300 WESTERN WIRELESS CORP. CL A 95988E204 890 22,700 Defined 22,700 WESTPOINT STEVENS COM 961238102 496 66,200 Sole 66,200 WHOLE FOODS MARKET COM 966837106 263 4,300 Sole 4,300 WILEY (JOHN) & SONS CL A 968223206 495 23,000 Sole 23,000 WILLIAMS COMPANIES COM 969457100 671 16,800 Sole 16,800 WILLIAMS COMPANIES COM 969457100 2,372 59,400 Defined 59,400 WILMNGTON TRUST CORPORATION COM 971807102 559 9,000 Sole 9,000 WINSTAR COMMUNICATIONS INC COM 975515107 179 15,300 Sole 15,300 WORLDCOM INC. (MCI) ISIN COM 98157D106 681 48,400 Defined 48,400 YELLOW CORP. COM 985509108 472 23,200 Sole 23,200 FLEXTRONICS INT'L ISIN DG9 COM 999000020 326 11,444 Defined 11,444