13F-HR 1 srz9487198v3.txt JOHN A. LEVIN 13F-HR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 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: John A. Levin & Co., Inc. -------------------------------------------------- Address: One Rockefeller Plaza -------------------------------------------------- 19th Floor -------------------------------------------------- New York, New York 10020 -------------------------------------------------- Form 13F File Number: 28-1944 ------------------ 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: Norris Nissim -------------------------------------------------- Title: Vice President and General Counsel -------------------------------------------------- Phone: (212) 332-8400 -------------------------------------------------- Signature, Place, and Date of Signing: /s/ Norris Nissim New York, New York November 14, 2003 [Signature] [City, State] [Date] Report Type (Check only one.): [ x ] 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: 1 ------------- Form 13F Information Table Entry Total: 362 ------------- Form 13F Information Table Value Total: $8,502,404,000 ------------- (thousands) List of Other Included Managers: 1. Strategic Investment International 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. No. Form 13F File Number Name 1 28-2495 Strategic Investment International
Form 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ----------------------------- -------------- --------- --------- ----------------- ---------- -------- ----------------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ----------------------------- -------------- --------- --------- ----------------- ---------- -------- ----------------------------- 1ST INVS FINL SVCS GRP COM COM 32058A101 1027 230900 SH SOLE 230900 63 14200 SH OTHER 14200 3M CO COM 88579Y101 622 9000 SH SOLE 9000 2832 41000 SH DEFINED 41000 ABBOTT LABS COM 002824100 804 18900 SH DEFINED 18900 ABERCROMBIE & FITCH CO CLA 002896207 4794 173000 SH DEFINED 173000 ACCENTURE BERMUDA CLA G1150G111 1365 61100 SH SOLE 61100 151593 6785743 SH DEFINED 03 5512755 1272988 ACTION PERFORMANCE COS COMNEW 004933107 521 21300 SH SOLE 21300 ACTIVISION INC NEW COMNEW 004930202 144 12000 SH SOLE 12000 180 15000 SH DEFINED 15000 AEROPOSTALE COM 007865108 541 20000 SH DEFINED 20000 AETNA INC NEW COM 00817Y108 6582 107845 SH DEFINED 600 63130 44115 AFC ENTERPRISES INC COM 00104Q107 862 53550 SH DEFINED 53550 ALCAN INC COM 013716105 262 6850 SH SOLE 6850 103503 2705254 SH DEFINED 03 2323749 381505 ALCIDE CORP COMNEW 013742507 444 32828 SH DEFINED 26588 6240 ALLEGHANY CORP DEL COM 017175100 277 1420 SH DEFINED 1420 ALLEGHENY ENERGY INC COM 017361106 136 14895 SH DEFINED 1795 13100 ALTRIA GROUP INC COM 02209S103 9382 214200 SH SOLE 214200 4051 92500 SH DEFINED 92500 AMERICAN AXLE & MFG COM COM 024061103 1482 50100 SH SOLE 50100 802 27100 SH DEFINED 27100 BARRICK GOLD CORP COM 067901108 217 11500 SH SOLE 11500 3555 188800 SH DEFINED 9000 179800 AMERICAN EXPRESS CO. COM 025816109 324 7200 SH SOLE 7200 308 6825 SH DEFINED 5225 1600 AMERICAN INTL GROUP COM 026874107 288 5000 SH SOLE 5000 382100 6622191 SH DEFINED 03 5818407 803784 AMERICAN STD COS INC DEL COM 029712106 1264 15000 SH DEFINED 15000 AMERICAN TOWER CORP CLA 029912201 533 52500 SH DEFINED 52500 AMGEN INC COM 031162100 749 11616 SH DEFINED 11616 ANADARKO PETE CORP COM 032511107 545 13055 SH SOLE 13055 4783 114524 SH DEFINED 825 85817 27882 ANHEUSER BUSCH COS COM 035229103 73067 1480887 SH DEFINED 1131762 349125 ANNUITY & LIFE RE HLDS ORD G03910109 388 337383 SH SOLE 337383 25 22000 SH DEFINED 22000 AOL TIME WARNER INC COM 00184A105 224 14800 SH SOLE 14800 6279 415560 SH DEFINED 4745 301957 108858 AON CORP COM 037389103 6876 329795 SH SOLE 329795 107766 5168621 SH DEFINED 03 4325 4027021 1137275 APPLIED MATLS INC COM 038222105 690 38040 SH DEFINED 38040 ARAMARK CORP CLB 038521100 1502 60000 SH DEFINED 60000 ARIAD PHARMACEUTICALS COM 04033A100 60 10000 SH SOLE 10000 339 56249 SH DEFINED 56249 ARRIS GROUP INC COM 04269Q100 2330 405300 SH DEFINED 316100 89200 AT&T CORP COM 001957505 807 37444 SH DEFINED 37426 18 AT&T WIRLESS SVCS INC COM 00209A106 681 83217 SH DEFINED 79102 4115 AUTOMATIC DATA PROCESS COM 053015103 213 5950 SH SOLE 5950 59077 1647885 SH DEFINED 03 1293100 354785 AVATAR HOLDINGS INC COM 053494100 914 28575 SH DEFINED 28575 BALLY TOT FITNESS HLDG COM 05873K108 1493 172600 SH SOLE 172600 237 27400 SH DEFINED 27400 BANDAG INC CLA 059815308 941 30800 SH SOLE 30800 BANK NEW YORK INC COM 064057102 876 30100 SH SOLE 30100 220392 7571021 SH DEFINED 03 3500 6150767 1416754 BANK OF AMERICA CORP COM 060505104 589 7550 SH SOLE 7550 219082 2807307 SH DEFINED 03 2311798 495509 BANTA CORP COM 066821109 900 25000 SH DEFINED 25000 BAXTER INTL INC COM 071813109 527 18150 SH SOLE 18150 3022 103982 SH DEFINED 1300 101282 1400 BCE INC COM 05534B109 645 29532 SH DEFINED 29532 BEARINGPOINT INC COM 074002106 1241 155484 SH SOLE 155484 120 15000 SH DEFINED 15000 BECTON DICKINSON COM 075887109 12259 339402 SH DEFINED 600 214002 124800 BELLSOUTH CORP COM 079860102 292 12350 SH SOLE 12350 120166 5074567 SH DEFINED 03 4195863 878704 BEMIS INC COM 081437105 253 5700 SH SOLE 5700 BERKSHIRE HATHAWAY INC CLA 084670108 225 3 SH DEFINED 3 BERKSHIRE HATHAWAY INC CLB 084670207 2351 942 SH DEFINED 482 460 BIOGEN INC. COM 090597105 594 15593 SH DEFINED 15593 BIORELIANCE CORP COM 090951104 637 24886 SH DEFINED 24886 BKF CAP GROUP INC COM 05548G102 14035 581179 SH SOLE 581179 BOEING CO COM 097023105 1136 33100 SH DEFINED 33100 BOISE CASCADE CORP COM 097383103 1380 50000 SH SOLE 50000 276 10000 SH DEFINED 10000 BP PLC SPONSORED SPONSORED ADR 055622104 353 8379 SH SOLE 8379 126336 3000862 SH DEFINED 03 1150 2393631 606081 BRINKS CO COM 109696104 964 55550 SH DEFINED 55550 BRISTOL MYERS-SQUIBB COM 110122108 7214 281139 SH DEFINED 79506 201633 BUCKEYE TECHNOLOGIES INC COM 118255108 151 16600 SH SOLE 16600 BURLINGTON NRTHN SANTA COM 12189t104 404 14000 SH DEFINED 2142 11858 BURLINGTON RES INC COM 122014103 372 7725 SH SOLE 7725 28282 586755 SH DEFINED 2960 336057 247738 CABLEVISION SYS CORP CLA 12686C109 2177 120300 SH DEFINED 120300 CANADIAN NATL RY CO COM 136375102 406 7800 SH DEFINED 7800 CARAUSTAR INDS INC COM 140909102 91 10542 SH SOLE 10542 CARDINAL HEALTH INC COM 14149Y108 213 3650 SH SOLE 3650 61833 1058967 SH DEFINED 03 950592 108375 CATALYTICA ENERGY SYS INC COM 148884109 1859 572049 SH SOLE 572049 366 112542 SH DEFINED 112542 CATERPILLAR INC DEL COM 149123101 2112 30675 SH DEFINED 25 22740 7910 CCC INFO SVCS GROUP I COM 12487Q109 1230 73400 SH DEFINED 73400 CERIDIAN CORP NEW COM 156779100 186 10000 SH SOLE 10000 3423 183855 SH DEFINED 1440 141485 40930 CHEVRONTEXACO CORP COM 166764100 80870 1131837 SH DEFINED 03 886247 245590 CHIQUITA BRANDS INTL INC COM 170032809 323 18225 SH DEFINED 18225 CIGNA CORP COM 125509109 1544 34585 SH SOLE 34585 60511 1355240 SH DEFINED 03 1265 826186 527789 CINERGY CORP COM 172474108 13579 369990 SH DEFINED 104490 265500 CISCO SYS INC COM 17275R102 262 13381 SH DEFINED 1000 12381 CIT GROUP INC COM 125581108 582 20250 SH SOLE 20250 CITIGROUP INC COM 172967101 1522 33450 SH SOLE 33450 257965 5668306 SH DEFINED 03 3700 4362611 1301995 CNA FINL CORP COM 126117100 641 30500 SH DEFINED 30500 COCA COLA CO COM 191216100 656 15281 SH SOLE 15281 13398 311869 SH DEFINED 3625 187978 120266 COLGATE PALMOLIVE CO COM 194162103 1230 22000 SH DEFINED 12000 10000 COLLINS & AIKMAN CORP COMNEW 194830204 34 10000 SH DEFINED 10000 COMCAST CORP NEW CLA 20030N101 1867 60571 SH DEFINED 60541 30 COMCAST CORP NEW CLASPL 20030N200 240 8100 SH SOLE 8100 77986 2631112 SH DEFINED 03 2075 2360587 268450 COMPUTER HORIZONS CORP COM 205908106 370 100000 SH DEFINED 100000 COMPUWARE CORP COM 205638109 295 55100 SH DEFINED 55100 CONOCOPHILLIPS COM 20825C104 993 18140 SH DEFINED 46 15516 2578 CONSTELLATION ENERGY COM 210371100 48691 1360833 SH DEFINED 03 1257300 103533 COOPER INDS LTD COM G24182100 362 7540 SH SOLE 7540 79962 1664828 SH DEFINED 03 225 1218993 445610 CORTECH INC COMNEW 22051J308 56 20000 SH OTHER 20000 COSTCO WHSL CORP NEW COM 22160K105 1557 50000 SH DEFINED 50000 CSX CORP COM 126408103 379 12950 SH SOLE 12950 131420 4493004 SH DEFINED 03 3767687 725317 D&E COMMUNICATIONS INC COM 232860106 8752 617182 SH SOLE 617182 1597 112600 SH DEFINED 112600 DEERE & CO COM 244199105 2765 51865 SH DEFINED 50065 1800 DELL INC COM 24702R101 385 11520 SH OTHER 11520 DEUTSCHE TELEKOM AG SPONSORED ADR 251566105 13701 948798 SH DEFINED 948798 DIAGEO PLC NEW SPONSORED ADR 25243Q205 222 5030 SH SOLE 5030 DISNEY WALT CO COM 254687106 1352 67044 SH DEFINED 35038 32006 DOW CHEM CO COM COM 260543103 389 11965 SH SOLE 11965 81095 2492165 SH DEFINED 03 300 1981939 509926 DOW JONES & CO INC COM 260561105 1558 32900 SH DEFINED 26400 6500 DRS TECHNOLOGIES INC COM 23330X100 449 18600 SH DEFINED 18600 DU PONT E I DE NEMOURS COM 263534109 358 8950 SH SOLE 8950 132152 3302976 SH DEFINED 03 2799270 503706 DUKE ENERGY CO COM 264399106 3111 174700 SH DEFINED 174700 DYAX CORP COM 26746E103 2189 356468 SH DEFINED 322274 34194 EATON CORP COM 278058102 2734 30850 SH DEFINED 30850 EATON VANCE CORP COM 278265103 1848 55200 SH DEFINED 55200 EDISON INTL COM 281020107 1801 94300 SH SOLE 94300 EDO CORP COM 281347104 929 45900 SH DEFINED 45900 EL PASO CORP COM 28336L109 1137 155735 SH SOLE 155735 6562 898846 SH DEFINED 204060 694786 ELECTRIC FUEL CORP COM 284871100 33 24600 SH OTHER 24600 ELECTRONICS FOR IMAGNG COM 286082102 1166 50000 SH DEFINED 50000 EMERSON ELEC CO COM 291011104 3317 62995 SH DEFINED 62995 ENCANA CORP COM 292505104 1423 39110 SH DEFINED 319 22804 15987 ENTERGY CORP COM 29364G103 4798 88600 SH SOLE 88600 83044 1533583 SH DEFINED 03 1147463 386120 EXXON MOBIL CORP COM 30231G102 306 8350 SH SOLE 8350 124221 3394005 SH DEFINED 03 2773059 620946 FAB INDS INC COM 302747100 842 116200 SH SOLE 116200 146 20200 SH DEFINED 20200 FEDERAL HOME LN MTG CP COM 313400301 314 6000 SH DEFINED 6000 FIDELITY NATL FINL INC COM 316326107 476 15827 SH DEFINED 15827 FIRST DATA CORP COM 319963104 200 5000 SH SOLE 5000 77949 1950671 SH DEFINED 03 1641916 308755 FIRST MIDWEST FINL INC COM 320878101 455 20622 SH OTHER 20622 FIRSTENERGY CORP COM 337932107 25389 795890 SH DEFINED 03 686190 109700 FISERV INC COM 337738108 726 20000 SH DEFINED 20000 FLEETBOSTON FINL CORP COM 339030108 801 26575 SH SOLE 26575 119270 3955882 SH DEFINED 03 1100 3135846 818936 FOX ENTMT GROUP INC CLA 35138T107 5316 189940 SH DEFINED 136690 53250 FPL GROUP INC. COM 302571104 218 3450 SH SOLE 3450 86084 1362092 SH DEFINED 03 1026087 336005 FREEMARKETS INC COM 356602102 389 50000 SH DEFINED 12858 37142 FUELCELL ENERGY INC COM 35952H106 4352 371938 SH DEFINED 263726 108212 G A P INC DEL COM 364760108 347 20250 SH OTHER 20250 GANNETT INC COM 364730101 577 7439 SH DEFINED 5639 1800 GENERAL AMER INVS COM 368802104 723 26287 SH SOLE 26287 1639 59624 SH DEFINED 59624 GENERAL ELEC CO COM 369604103 386 12950 SH SOLE 12950 171579 5755764 SH DEFINED 03 1400 4222065 1532299 GENERAL MOTORS CORP COM 370442105 2473 60410 SH DEFINED 60210 200 GENERAL MTR CLHNEW 370442832 297 20750 SH SOLE 20750 66974 4680258 SH DEFINED 03 1090 4225300 453868 GENTIVA HEALTH SERV COM 37247A102 1281 111403 SH DEFINED 111403 GEORGIA PAC CORP COM 373298108 669 27600 SH SOLE 27600 GILLETTE CO COM 375766102 544 17000 SH DEFINED 17000 GLATFELTER COM 377316104 416 35300 SH SOLE 35300 GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 2728 64341 SH DEFINED 64341 GOLDMAN SACHS GROUP INC COM 38141G104 1762 21000 SH SOLE 21000 373 4445 SH DEFINED 4130 315 GRAFTECH INTL LTD COM 384313102 808 101000 SH DEFINED 100000 1000 GRAPHIC PACKAGING CORP COM 388688103 79 15700 SH SOLE 15700 GULFMARK OFFSHORE INC COM 402629109 893 63000 SH DEFINED 63000 H & Q HEALTHCARE FD COM 404052102 198 11238 SH DEFINED 11238 H&Q LIFE SCIENCES INVS SHBENINT 404053100 172 11262 SH SOLE 11262 181 11845 SH DEFINED 11845 HANCOCK JOHN FINL SVCS COM 41014S106 1324 39170 SH SOLE 39170 78330 2317454 SH DEFINED 03 1927547 389907 HARMONIC INC COM 413160102 212 33800 SH DEFINED 33800 HARRIS CORP DEL COM 413875105 1865 52100 SH DEFINED 52100 HARTE-HANKS COMMNC INC COM 416196103 387 21000 SH DEFINED 21000 HCA-HEALTHCARE CO COM 404119109 393 10655 SH SOLE 10655 78260 2123175 SH DEFINED 03 490 1921750 200935 HEALTH NET INC COM 42222G108 1408 44470 SH DEFINED 44470 HEINZ H J CO COM 423074103 86995 2537782 SH DEFINED 03 2052558 485224 HEWLETT PACKARD CO COM 428236103 59098 3052597 SH DEFINED 03 2562080 490517 HILTON HOTELS CORP COM 432848109 227 14000 SH DEFINED 14000 HOLLY CORP COMPAR$0.01 435758305 7615 307300 SH SOLE 307300 1519 61300 SH DEFINED 61300 HOME DEPOT INC COM 437076102 530 16650 SH SOLE 16650 172889 5428240 SH DEFINED 03 4739248 688992 HONDA MTR LTD COM 438128308 403 20000 SH DEFINED 20000 HONEYWELL INTL INC COM 438516106 56546 2145946 SH DEFINED 03 1817700 328246 HUBBELL INC CLA 443510102 9808 275500 SH SOLE 275500 1716 48200 SH DEFINED 48200 HUDSON HIGHLAND GROUP COM 443792106 3071 159618 SH SOLE 159618 805 41821 SH DEFINED 41821 IMC GLOBAL INC COM 449669100 2149 335300 SH DEFINED 4500 330800 INCO LTD COM 453258402 709 25550 SH DEFINED 850 12770 11930 INDIA FD INC COM 454089103 160 10500 SH DEFINED 10500 INGERSOLL-RAND CO COM G4776G101 23220 434513 SH DEFINED 03 296763 137750 INTEL CORP COM 458140100 1792 65108 SH DEFINED 56948 8160 INTEREP NATL RADIO COM 45866V109 153 62300 SH SOLE 62300 INTERGRAPH CORP COM 458683109 2697 114900 SH DEFINED 114900 INTERLINK ELECTRS COM 458751104 113 15600 SH DEFINED 15600 INTERNATIONAL PAPER CO COM 460146103 3582 91788 SH DEFINED 1175 73092 17521 INTERNATIONAL SPEEDWAY CLA 460335201 10393 236800 SH SOLE 236800 1953 44500 SH DEFINED 42700 1800 INTERTAN INC COM 461120107 538 58800 SH DEFINED 58800 INTL BUS MACHINES COM 459200101 367 4150 SH SOLE 4150 144063 1630959 SH DEFINED 03 760 1271181 359018 INVESTORS FINANCIAL SERVICES COM 461915100 1286 40760 SH DEFINED 40760 INVISION TECHNOLOGIES COM 461851107 975 40064 SH OTHER 40064 ISHARES INC MSCIJAPAN 464286848 88 10000 SH SOLE 10000 88 10000 SH DEFINED 10000 ITT INDS INC IND COM 450911102 1873 31300 SH DEFINED 31300 JARDINE FLEMING CHINA COM 471110106 252 24800 SH SOLE 24800 168 16500 SH DEFINED 16500 JOHN NUVEEN INVTS INC CLA 67090F106 1114 40498 SH DEFINED 900 31798 7800 JOHNSON & JOHNSON COM 478160104 1378 27820 SH SOLE 27820 130825 2641861 SH DEFINED 03 3800 2150553 487508 JP MORGAN CHASE & CO COM 46625H100 1666 48539 SH DEFINED 20457 28082 KINDER MORGAN INC KANS COM 49455P101 1547 28650 SH DEFINED 28650 KNIGHT RIDDER INC COM 499040103 934 14000 SH DEFINED 1200 12800 KOHLS CORP COM 500255104 819 15300 SH SOLE 15300 KONINKLIJKE PHILIPS ELECTRS NYREG SHNEW 500472303 317 13832 SH SOLE 13832 124219 5419668 SH DEFINED 03 4612 4389803 1025253 L-3 COMMUNICATNS HLDGS COM 502424104 1077 24900 SH DEFINED 24900 LENNAR CORP COM CLB 526057302 11299 150700 SH SOLE 150700 1372 18300 SH DEFINED 18300 LIBERTY MEDIA CORP NEW SERA 530718105 856 85821 SH SOLE 85821 75489 7571593 SH DEFINED 03 7800 6366600 1197193 LIBERTY MEDIA CORP NEW SERB 530718204 1341 130192 SH SOLE 130192 197 19100 SH DEFINED 19100 LIMITED BRANDS INC COM 532716107 188 12500 SH SOLE 12500 65834 4365624 SH DEFINED 03 3723446 642178 LIONS GATE ENTMNT CORP COMNEW 535919203 92 30900 SH DEFINED 30900 LOCKHEED MARTIN CORP COM 539830109 779 16890 SH SOLE 16890 156517 3391494 SH DEFINED 03 425 2666593 724476 LOEWS CORP COM 540424108 858 21254 SH DEFINED 11254 10000 LONGVIEW FIBRE CO COM 543213102 469 48000 SH DEFINED 48000 LOUISIANA PAC CORP COM 546347105 634 46000 SH SOLE 46000 2053 149000 SH DEFINED 149000 LUCENT TECHNOLOGIES COM 549463107 27 12500 SH SOLE 12500 MAGNA ENTMT CORP CLA 559211107 206 50200 SH DEFINED 50200 MANUFACTURERS SVSC LTD COM 565005105 2157 431432 SH SOLE 431432 254 50751 SH DEFINED 50751 MARSH & MCLENNAN COS COM 571748102 500 10500 SH SOLE 10500 19700 413780 SH DEFINED 1230 207035 205515 MASSBANK CP READ MASS COM 576152102 1194 32482 SH DEFINED 5392 27090 MCDONALDS CORP. COM 580135101 417 17700 SH SOLE 17700 124640 5294815 SH DEFINED 03 4530605 764210 MCGRAW HILL COS INC COM 580645109 630 10136 SH DEFINED 10136 MELLON FINL CORP COM 58551A108 624 20706 SH DEFINED 11706 9000 MERCK & CO INC COM 589331107 271 5350 SH SOLE 5350 89733 1772686 SH DEFINED 03 1607496 165190 MERCURY INTERACTIVE CORP COM 589405109 1642 36000 SH DEFINED 36000 MEREDITH CORP COM 589433101 439 9500 SH DEFINED 9500 METRO GOLDWYN MAYER COM 591610100 3498 228000 SH SOLE 228000 641 41800 SH DEFINED 41800 MICROSOFT CORP COM 594918104 470 16900 SH SOLE 16900 177904 6399433 SH DEFINED 03 450 5326920 1072063 MONSANTO CO NEW COM 61166W101 299 12476 SH DEFINED 03 179 12297 MOODYS CORP COM 615369105 2498 45440 SH DEFINED 42940 2500 MOOG INC CLA 615394202 1568 40000 SH DEFINED 40000 MORGAN STAN INDIA INVT COM 61745C105 4397 288716 SH DEFINED 62600 226116 MORGAN STANLEY COMNEW 617446448 212 4200 SH SOLE 4200 77582 1537490 SH DEFINED 03 1297690 239800 MORGAN STANLY ASIA-PAC COM 61744U106 105 11004 SH SOLE 11004 3062 321683 SH DEFINED 704 320979 MURPHY OIL CORP COM 626717102 298 5064 SH DEFINED 5064 NABORS INDUSTRIES LTD SHS G6359F103 447 11992 SH DEFINED 11992 NCR CORP NEW COM 62886E108 3272 103256 SH DEFINED 102750 506 NEIMAN MARCUS GROUP CLB 640204301 13136 335700 SH SOLE 335700 1831 46800 SH DEFINED 46800 NEW FRONTIER MEDIA INC COM 644398109 1739 457550 SH SOLE 457550 257 67675 SH DEFINED 67675 NEWHALL LD & FARM CO DEPOSITORY REC 651426108 3196 80900 SH DEFINED 80900 NEWPARK RES INC PAR$.01NEW 651718504 590 137100 SH DEFINED 137100 NORTH FORK BANCORP NY COM 659424105 521 15000 SH DEFINED 15000 NORTHERN TRUST CORP COM 665859104 339 8000 SH SOLE 8000 22171 523525 SH DEFINED 6200 228510 288815 NORTHROP GRUMMAN CORP COM 666807102 341 3950 SH SOLE 3950 125844 1459571 SH DEFINED 03 1238745 220826 NORTHWEST AIRLS CORP CLA 667280101 802 82700 SH DEFINED 82700 NUI CORP COM 629431107 1094 73200 SH SOLE 73200 218 14600 SH DEFINED 14600 NUTRITION 21 INC COM 67069V108 13 12000 SH SOLE 12000 NY ROYAL DUTCH PETE GLDR 5 COM 780257804 433 9788 SH DEFINED 4690 5098 OLIN CORP COM PAR$1 680665205 823 52000 SH DEFINED 52000 OMNICOM GROUP INC COM 681919106 230 3200 SH DEFINED 3200 OPENTV CORP CLA G67543101 122 36666 SH DEFINED 36666 ORACLE CORP COM 68389X105 236 21000 SH SOLE 21000 72461 6440940 SH DEFINED 03 5978618 462322 PACIFIC SUNWEAR CA INC COM 694873100 413 20000 SH DEFINED 20000 PACKAGING CORP AMER COM 695156109 893 46000 SH SOLE 46000 PACTIV CORP COM 695257105 3097 152700 SH DEFINED 113500 39200 PALL CORP COM 696429307 3115 138799 SH DEFINED 126143 12656 PARAMETRIC TECH CORP COM 699173100 361 114650 SH DEFINED 114650 PAXSON COMMUNICATIONS COM 704231109 109 22000 SH DEFINED 22000 PEPCO HOLDINGS INC COM 713291102 1781 103050 SH DEFINED 400 102650 PEPSICO INC COM 713448108 463 10100 SH SOLE 10100 109249 2383791 SH DEFINED 03 2500 1990399 390892 PETROCHINA CO LTD SPONSORED ADR 71646E100 236 7020 SH DEFINED 670 6350 PFIZER INC COM 717081103 1164 38300 SH SOLE 38300 259275 8534409 SH DEFINED 03 2535 6720842 1811032 PG&E CORP COM 69331C108 12244 512300 SH SOLE 512300 4230 177000 SH DEFINED 177000 PHOENIX COS INC COM 71902E109 1380 119440 SH SOLE 119440 6250 541150 SH DEFINED 404150 137000 PITNEY BOWES INC. COM 724479100 1112 29020 SH DEFINED 800 22091 6129 PLACER DOME INC COM 725906101 137 10000 SH SOLE 10000 6647 483445 SH DEFINED 51991 431454 PLATINUM UNDERWRITERS HLDGS COM G7127P100 587 20900 SH SOLE 20900 PLAYBOY ENTERPRISES CLA 728117201 3261 242300 SH SOLE 242300 553 41100 SH DEFINED 41100 PNC FINANCIAL SVCS GROUP COM 693475105 856 18000 SH SOLE 18000 94919 1994934 SH DEFINED 03 500 1666144 328290 POLO RALPH LAUREN CORP CLA 731572103 872 32500 SH SOLE 32500 POSCO SPONSORED ADR 693483109 354 12390 SH SOLE 12390 919 32140 SH DEFINED 14100 18040 PPL CORP COM 69351T106 2580 63000 SH DEFINED 63000 PRECISION CASTPARTS CP COM 740189105 877 25000 SH DEFINED 25000 PRESIDENTIAL LIFE CORP COM 740884101 257 16906 SH SOLE 16906 PROCTER & GAMBLE CO COM 742718109 381 4100 SH SOLE 4100 152874 1646991 SH DEFINED 03 1352352 294639 PROVIDENT FINANCIAL SERVICES COM 74386T105 517 27000 SH SOLE 27000 QUANTUM FUEL SYS TECH COM 74765E109 270 40000 SH DEFINED 40000 RADIO ONE INC CLA 75040P108 7137 485500 SH SOLE 485500 1286 87500 SH DEFINED 87500 RAYONIER INC COM 754907103 3339 82240 SH SOLE 82240 6272 154485 SH DEFINED 1200 116730 36555 RAYTHEON CO COM NEW COM 755111507 307 10950 SH SOLE 10950 93189 3328167 SH DEFINED 03 2724282 603885 RCN CORP COM 749361101 46 25000 SH DEFINED 25000 RECKSON ASSOCS RLTY CLB 75621K304 3354 144869 SH SOLE 144869 794 34306 SH DEFINED 34306 REEBOK INTL LTD COM 758110100 1671 50000 SH DEFINED 50000 REINSURANCE GROUP AMER COM 759351109 711 17460 SH DEFINED 17460 RELIANT RES INC COM 75952B105 471 91950 SH SOLE 91950 1980 386680 SH DEFINED 27280 359400 RESOURCE AMERICA INC CLA 761195205 1260 106276 SH SOLE 106276 152 12800 SH DEFINED 12800 RIGHT MGMT CONSULTANTS COM 766573109 2435 134700 SH SOLE 134700 428 23700 SH DEFINED 23700 SABRE GROUP HLDG INC CLA 785905100 1726 80300 SH DEFINED 80300 SARA LEE CORP COM 803111103 452 24600 SH SOLE 24600 165147 8994912 SH DEFINED 03 7612293 1382619 SBC COMMUNICATIONS INC COM 78387G103 284 12750 SH SOLE 12750 97813 4396073 SH DEFINED 03 3651246 744827 SCANA CORP NEW COM 80589M102 21998 642277 SH DEFINED 1450 214775 426052 SCHLUMBERGER LTD COM 806857108 2413 49864 SH DEFINED 44864 5000 SCHWEITZER-MAUDUIT COM 808541106 1313 52000 SH DEFINED 52000 SCIENTIFIC GAMES CORP CLA 80874P109 1066 93500 SH SOLE 93500 262 23000 SH DEFINED 23000 SIERRA PAC RES NEW COM 826428104 3713 765600 SH SOLE 765600 431 88800 SH DEFINED 88800 SILGAN HOLDINGS INC COM 827048109 2395 74834 SH SOLE 74834 438 13700 SH DEFINED 13700 SIRIUS SATELLITE RADIO COM 82966U103 218 120000 SH DEFINED 120000 SLM CORP COM 78442P106 205 5250 SH DEFINED 5250 SMURFIT-STONE CONTAINR COM 832727101 687 46000 SH SOLE 46000 SOLUTIA INC COM 834376105 1333 334100 SH SOLE 334100 207 51800 SH DEFINED 51800 SONY CORP COM 835699307 1389 39900 SH DEFINED 385 38840 675 SOUTHERN UN CO NEW COM 844030106 211 12399 SH SOLE 12399 1142 67189 SH DEFINED 67189 SOVEREIGN BANCORP INC COM 845905108 395 21273 SH OTHER 21273 ST PAUL COS INC COM 792860108 281 7600 SH DEFINED 7600 STARWOOD HOTELS & RESORTS PAIRED CTF 85590A203 250 7175 SH DEFINED 7175 STERLING FINANCIAL CORP COM 859319105 1596 56689 SH DEFINED 56689 SUNAIR ELECTRS INC COM 867017105 56 13500 SH OTHER 13500 SUNGARD DATA SYSTEMS COM 867363103 46017 1749019 SH DEFINED 03 1593226 155793 SUNTRUST BKS INC COM 867914103 374 6200 SH SOLE 6200 750 12425 SH DEFINED 425 12000 TAKE-TWO INTERACTIVE COM 874054109 663 19400 SH OTHER 19400 TEJON RANCH CO DEL COM 879080109 2491 74796 SH DEFINED 350 74446 TEMPLE INLAND INC COM 879868107 223 4600 SH SOLE 4600 TEMPLETON DRAGON FD COM 88018T101 858 60972 SH SOLE 60972 2950 209550 SH DEFINED 1025 106675 101850 TEXAS INSTRUMENTS COM 882508104 597 26189 SH DEFINED 20 25469 700 TEXTRON INC COM 883203101 431 10915 SH SOLE 10915 110075 2790249 SH DEFINED 03 525 2156507 633217 THERMO ELECTRON COM 883556102 49055 2260591 SH DEFINED 03 2082947 177644 TIFFANY & CO NEW COM 886547108 986 26400 SH DEFINED 26400 TORCH OFFSHORE INC COM 891019101 896 153175 SH SOLE 153175 2322 396850 SH DEFINED 291700 105150 TOWER AUTOMOTIVE INC COM 891707101 137 30400 SH DEFINED 30400 TRANSMETA CORP DEL COM 89376R109 29 10000 SH DEFINED 10000 TRAVELERS PPTY CLA 89420G109 167 10528 SH SOLE 10528 383 24141 SH DEFINED 159 18962 5020 TRAVELERS PPTY CLB 89420G406 630 39656 SH DEFINED 328 38977 351 TRIARC CO. CLA 895927101 280 27800 SH DEFINED 27800 TRIARC COS INC CLB SER1 895927309 578 55600 SH DEFINED 55600 TRIBUNE CO NEW COM 896047107 386 8400 SH SOLE 8400 160151 3489128 SH DEFINED 03 3680 2762693 722755 TXU CORP COM 873168108 367 15567 SH DEFINED 1700 13700 167 TYCO INTL LTD NEW COM 902124106 1330 65095 SH SOLE 65095 137537 6732120 SH DEFINED 03 5609579 1122541 UNION PAC CORP COM 907818108 285 4900 SH DEFINED 4900 UNIVERSAL DISPLAY CORP COM 91347P105 323 31100 SH DEFINED 31100 UNIVERSAL HEALTH SVCS COM 913903100 618 12500 SH DEFINED 3500 9000 UNOCAL COM 915289102 1310 41565 SH SOLE 41565 156170 4954624 SH DEFINED 03 3000 3453006 1498618 UNUMPROVIDENT CORP COM 91529Y106 1667 112870 SH SOLE 112870 41701 2823325 SH DEFINED 03 1775 2156655 664895 US BANCORP DEL COMNEW 902973304 354 14737 SH SOLE 14737 131163 5467401 SH DEFINED 03 4656094 811307 VARIAN MED SYS INC COM 92220P105 530 9220 SH DEFINED 9220 VERITY INC COM 92343C106 726 55400 SH OTHER 55400 VERIZON COMMUNICATIONS COM 92343V104 258 7950 SH SOLE 7950 99737 3074517 SH DEFINED 03 1558 2515565 557394 VIAD CORP COM 92552R109 3443 144200 SH SOLE 144200 12751 533950 SH DEFINED 445850 88100 VISION-SCIENCES INC DEL COM 927912105 24 14000 SH SOLE 14000 VIVENDI UNIVERSAL SPONSORED ADR 92851S204 1109 62416 SH DEFINED 58256 4160 VORNADO RLTY TR COM 929042109 226 4700 SH SOLE 4700 3334 69410 SH DEFINED 400 54410 14600 WACHOVIA CORP 2ND NEW COM 929903102 338 8200 SH DEFINED 8200 WAL MART STORES INC COM 931142103 364 6526 SH DEFINED 200 3226 3100 WASHINGTON MUT INC COM 939322103 432 10964 SH DEFINED 10964 WEATHERFORD INTL COM G95089101 1897 50200 SH DEFINED 50200 WELLS FARGO & CO NEW COM 949746101 283 5500 SH SOLE 5500 96099 1865991 SH DEFINED 03 1575466 290525 WESTERN GAS RESOURCES COM 958259103 342 9000 SH DEFINED 9000 WEYERHAEUSER CO. COM 962166104 485 8300 SH SOLE 8300 WHITE MTNS INS GRP LTD COM G9618E107 1191 3000 SH DEFINED 3000 WHX CORP COM 929248409 40 17333 SH DEFINED 17333 WILEY JOHN & SONS INC CLA 968223206 1237 47600 SH DEFINED 47600 WILLIAMS COS INC DEL COM 969457100 1371 145525 SH SOLE 145525 64813 6880311 SH DEFINED 03 5300088 1580223 WISCONSIN ENERGY CORP COM 976657106 24338 796147 SH DEFINED 305472 490675 WRIGLEY WM JR CO COM 982526105 3125 56502 SH DEFINED 1260 55242 WYETH COM 983024100 2396 51970 SH DEFINED 50290 1680 XCEL ENERGY INC COM 98389B100 9726 628685 SH DEFINED 94425 534260 XEROX CORP. COM 984121103 1026 100000 SH DEFINED 100000 XICOR INC COM 984903104 1170 125900 SH SOLE 125900 XL CAP LTD CLA G98255105 310 4000 SH SOLE 4000 114055 1472822 SH DEFINED 03 1222249 250573 ZIMMER HLDGS INC COM 98956P102 338 6136 SH DEFINED 5336 800 CALAMOS CONV & HI INC COMSHS 12811P108 465 30500 SH SOLE 30500 CREDIT SUISSE HIGH YLD SHBENINT 22544F103 142 30500 SH SOLE 30500 DEBT STRATEGIES INC FD NEW COM 24276Q109 532 79000 SH SOLE 79000 DREYFUS HI YLD STRATEG SHBENINT 26200S101 634 127000 SH SOLE 127000 64 12800 SH DEFINED 12800 NICHOLAS-APPLEGATE CV COM 65370F101 2370 158200 SH SOLE 158200 208 13900 SH DEFINED 13900 PIONEER HIGH INCOME TR COM 72369H106 398 26000 SH SOLE 26000 VAN KAMPEN HIGH INCOME SHBENINT 920911104 40 10800 SH SOLE 10800 ALZA CORP DEL NOTE7/1 022615AC2 19 15000 PRN DEFINED 4000 11000 AMERICAN GREETINGS CORP NOTE7.000% 7/1 026375AJ4 18123 11389000 PRN SOLE 11389000 3200 2011000 PRN DEFINED 2011000 ANIXTER INTL INC NOTE6/2 035290AC9 2090 6381000 PRN SOLE 6381000 366 1119000 PRN DEFINED 1119000 BISYS GROUP INC CONV 055472AB0 4117 4255000 PRN SOLE 4255000 721 745000 PRN DEFINED 745000 CHARLES RIV LABORATORIES INC DBCV3.500% 2/0 159863AL3 6976 6877000 PRN SOLE 6877000 1291 1273000 PRN DEFINED 1273000 CORIXA CORP. NOTE4.250% 7/0 21887FAA8 1204 1073000 PRN SOLE 1073000 143 127000 PRN DEFINED 127000 DEVON ENERGY CORP NEW DEB4.900% 8/1 25179MAA1 57 56000 PRN DEFINED 56000 EVERGREEN RES INC NOTE4.750% 12/1 299900AB6 11837 9079000 PRN SOLE 9079000 2081 1596000 PRN DEFINED 1596000 HEWLETT PACKARD CO NOTE10/1 428236AC7 27 50000 PRN DEFINED 50000 INCYTE CORP NOTE5.500% 2/0 45337CAC6 1102 1452000 PRN DEFINED 5000 794000 653000 INTERNATIONAL RECTIFIER CORP NOTE4.250%% 7/1 460254AE5 7856 8248000 PRN SOLE 8248000 1412 1482000 PRN DEFINED 1482000 INVITROGEN CORP NOTE2.250% 12/1 46185RAD2 3338 3402000 PRN SOLE 3402000 587 598000 PRN DEFINED 598000 LAMAR ADVERTISING CO NOTE2.875% 12/3 512815AG6 4590 5003000 PRN SOLE 5003000 915 997000 PRN DEFINED 997000 LEGG MASON INC NOTE6/0 524901AG0 14597 24329000 PRN SOLE 24329000 2563 4271000 PRN DEFINED 4271000 LIBERTY MEDIA CORP DEP3.750% 2/1 530715AL5 24611 39776000 PRN SOLE 39776000 4408 7124000 PRN DEFINED 7124000 LNR PPTY CORP NOTE5.500% 3/0 501940AF7 970 847000 PRN SOLE 847000 175 153000 PRN DEFINED 153000 REGENERON PHARMACEUTICALS NOTE5.500% 10/1 75886FAB3 1296 1322000 PRN SOLE 1322000 17976 18343000 PRN DEFINED 69000 7766500 10507500 SYMANTEC CORP NOTE3.000% 11/0 871503AB4 5449 2879000 PRN SOLE 2879000 1192 630000 PRN DEFINED 630000 TYCO NOTE11/1 902124AC0 8684 11315000 PRN SOLE 11315000 526 685000 PRN DEFINED 685000 WEB MD NOTE3.250% 4/0 94769MAC9 3070 2678000 PRN SOLE 2678000 369 322000 PRN DEFINED 322000 NEWS CORP SPONSOREDADR PFD 652487802 5226 191490 SH SOLE 191490 192504 7054011 SH DEFINED 03 4670 5343560 1705781 INCO LTD WEXP 08/21/200 453258139 122 13140 SH DEFINED 13140