13F-HR 1 a2116950z13f-hr.txt 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: June 30, 2003 If amended report check here: Institutional Investment Manager Filing This Report: Name: The St. Paul Companies, Inc. Address: 385 Washington Street St. Paul, MN 55102-1396 13F File Number: 28-62 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: Bruce Backberg Title: Corporate Secretary Phone: (651) 310-7916 Signature, Place and Date of signing: /s/ Bruce Backberg, St. Paul, Minnesota, August 14, 2003 Report Type (Check only one.): [ X ] 13F HOLDINGS REPORT [ ] 13F NOTICE [ ] 13F COMBINATION REPORT List of Other Managers Reporting for this Manager: I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 Form 13F Information Table Entry Total: 299 Form 13F Information Table Value Total: $871,227 List of Other Included Managers: No. 13F Filing Number Name 01 28-29 ST. PAUL FIRE AND MARINE INSURANCE COMPANY
FORM 13F INFORMATION TABLE TITLE OF NAME OF ISSUER CLASS CUSIP VALUE SHARES SH/ PUT/ INVESTMT OTHER VOTING AUTHORITY (X$1000) PRN/AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE AGCO CORP COMM 001084102 2,731 159,900 SH SHARED 159,900 AGCO CORP COMM 001084102 3,855 225,700 SH SOLE 225,700 AOL TIME WARNER INC COMM 00184A105 289 17,960 SH SOLE 17,960 AMERICAN TELEPHONE & TELEGRAPH CO. COMM 001957505 3,022 157,000 SH SHARED 157,000 AMERICAN TELEPHONE & TELEGRAPH CO. COMM 001957505 4,778 248,200 SH SOLE 248,200 AT&T WIRELESS COMM 00209A106 3,029 369,000 SH SHARED 369,000 AT&T WIRELESS COMM 00209A106 4,565 556,000 SH SOLE 556,000 ABBOTT LABORATORIES COMM 002824100 1,457 33,300 SH SHARED 33,300 ABBOTT LABORATORIES COMM 002824100 2,936 67,100 SH SOLE 67,100 ABERCROMBIE AND FITCH CO - CL COMM 002896207 74 2,620 SH SOLE 2,620 ADOBE SYSTEMS INC. COMM 00724F101 437 13,630 SH SOLE 13,630 AETNA LIFE & CASUALTY COMM 00817Y108 2,378 39,500 SH SHARED 39,500 AETNA LIFE & CASUALTY COMM 00817Y108 5,550 92,200 SH SOLE 92,200 AFFILIATED COMPUTER SERVICES, INC. COMM 008190100 105 2,300 SH SOLE 2,300 ALBEMARLE CORP COMM 012653101 70 2,500 SH SOLE 2,500 ALBERTO-CULVER CO. COMM 013068101 2,555 50,000 SH SOLE 50,000 ALLIED WASTE COMM 019589308 437 43,480 SH SOLE 43,480 ALLSTATE CORP COMM 020002101 50 1,410 SH SOLE 1,410 ALTERA CORP. COMM 021441100 143 8,720 SH SOLE 8,720 ALTRIA GROUP COMM 02209S103 2,726 60,000 SH SHARED 60,000 ALTRIA GROUP COMM 02209S103 5,599 123,210 SH SOLE 123,210 AMBAC FINL INC COMM 023139108 2,935 44,300 SH SHARED 44,300 AMBAC FINL INC COMM 023139108 2,478 37,400 SH SOLE 37,400 AMERICAN EXPRESS COMPANY COMM 025816109 2,931 70,100 SH SHARED 70,100 AMERICAN EXPRESS COMPANY COMM 025816109 6,374 152,440 SH SOLE 152,440 AMERICAN INTERNATIONAL GROUP INC COMM 026874107 1,925 34,890 SH SHARED 34,890 AMERICAN INTERNATIONAL GROUP INC COMM 026874107 7,164 129,837 SH SOLE 129,837 AMERICAN POWER CONVERSION COMM 029066107 62 3,950 SH SOLE 3,950 AMGEN INC COMM 031162100 3,178 48,200 SH SHARED 48,200 AMGEN INC COMM 031162100 8,067 122,340 SH SOLE 122,340 ANADARKO PETROLEUM CO COMM 032511107 439 9,880 SH SOLE 9,880 ANALOG DEVICES, INC. COMM 032654105 2,692 77,300 SH SHARED 77,300 ANALOG DEVICES, INC. COMM 032654105 3,716 106,710 SH SOLE 106,710 ANHEUSER BUSCH COS. INC. COMM 035229103 204 4,000 SH SOLE 4,000 ANNALY MORTGAGE MANAGEMENT COMM 035710409 266 13,340 SH SOLE 13,340 ANTHEM, INC. COMM 03674B104 2,631 34,100 SH SHARED 34,100 ANTHEM, INC. COMM 03674B104 4,421 57,300 SH SOLE 57,300 APACHE CORP COMM 037411105 2,973 45,700 SH SHARED 45,700 APACHE CORP COMM 037411105 5,568 85,589 SH SOLE 85,589 APPLERA CORP COM AP BIO GRP COMM 038020103 163 8,540 SH SOLE 8,540 APPLIED MATERIALS, INC. COMM 038222105 163 10,280 SH SOLE 10,280 AUTODESK INC COMM 052769106 144 8,920 SH SOLE 8,920 AUTOLIV INC COMM 052800109 54 2,010 SH SOLE 2,010 AUTOMATIC DATA PROCESSING COMM 053015103 122 3,600 SH SOLE 3,600 AUTOZONE, INC. COMM 053332102 148 1,950 SH SOLE 1,950 AVERY DENNISON CORP. COMM 053611109 60 1,200 SH SOLE 1,200 AVON PRODUCTS COMM 054303102 3,104 49,900 SH SHARED 49,900 AVON PRODUCTS COMM 054303102 3,427 55,100 SH SOLE 55,100 BP AMOCO PLC (ADR) COMM 055622104 1,175 27,952 SH SOLE 27,952 BALL CORP COMM 058498106 1,010 22,200 SH SHARED 22,200 BALL CORP COMM 058498106 1,315 28,900 SH SOLE 28,900 BANK OF AMERICA CORP COMM 060505104 3,130 39,600 SH SHARED 39,600 BANK OF AMERICA CORP COMM 060505104 10,012 126,690 SH SOLE 126,690 BANK ONE CORP COMM 06423A103 264 7,110 SH SOLE 7,110 BAXTER INTERNATIONAL INC. COMM 071813109 164 6,300 SH SOLE 6,300 BEAR STEARNS COMPANIES INC COMM 073902108 458 6,320 SH SOLE 6,320 BECKMAN COULTER INC COMM 075811109 98 2,420 SH SOLE 2,420 BED BATH & BEYOND COMM 075896100 49 1,270 SH SOLE 1,270 BELL SOUTH CORP. COMM 079860102 298 11,190 SH SOLE 11,190 BOEING COMPANY COMM 097023105 179 5,220 SH SOLE 5,220 BOSTON SCIENTIFIC CORP. COMM 101137107 2,603 42,600 SH SHARED 42,600 BOSTON SCIENTIFIC CORP. COMM 101137107 4,216 69,000 SH SOLE 69,000 BRISTOL-MYERS SQUIBB CO COMM 110122108 315 11,620 SH SOLE 11,620 BROADCOM CORP COMM 111320107 3,109 124,800 SH SHARED 124,800 BROADCOM CORP COMM 111320107 4,272 171,500 SH SOLE 171,500 BURLINGTON RESOURCES INC. COMM 122014103 115 2,130 SH SOLE 2,130 CABLEVISION SYSTEMS COMM 12686C109 48 2,320 SH SOLE 2,320 CARNIVAL CRUISE LINES INC COMM 143658300 428 13,170 SH SOLE 13,170 CENTERPOINT ENERGY INC COMM 15189T107 117 14,350 SH SOLE 14,350 CEPHALON INC COMM 156708109 199 4,850 SH SOLE 4,850 CHEVRONTEXACO CORP COMM 166764100 4,110 56,920 SH SOLE 56,920 CISCO SYSTEMS INC. COMM 17275R102 3,350 199,500 SH SHARED 199,500 CISCO SYSTEMS INC. COMM 17275R102 5,699 339,400 SH SOLE 339,400 CITIGROUP INC COMM 172967101 3,184 74,400 SH SHARED 74,400 CITIGROUP INC COMM 172967101 15,751 368,015 SH SOLE 368,015 CITRIX SYS INC COMM 177376100 102 5,000 SH SOLE 5,000 CLEAR CHANNEL COMM 184502102 1,819 42,900 SH SHARED 42,900 CLEAR CHANNEL COMM 184502102 5,358 126,390 SH SOLE 126,390 CLOROX CO COMM 189054109 55 1,290 SH SOLE 1,290 COCA COLA CO COMM 191216100 1,949 42,000 SH SHARED 42,000 COCA COLA CO COMM 191216100 8,147 175,545 SH SOLE 175,545 COLGATE POLMOLIVE CO COMM 194162103 100 1,720 SH SOLE 1,720 COMCAST CORPORATION (A) COMM 20030N101 2,963 98,180 SH SHARED 98,180 COMCAST CORPORATION (A) COMM 20030N101 6,625 219,518 SH SOLE 219,518 COMPUTER ASSOCIATES INTL, INC. COMM 204912109 122 5,470 SH SOLE 5,470 COMPUTER SCIENCES CORP COMM 205363104 52 1,360 SH SOLE 1,360 CONCORD EFS INC COMM 206197105 107 7,300 SH SOLE 7,300 CONOCOPHILLIPS COMM 20825C104 336 6,140 SH SOLE 6,140 COORS, ADOLPH CO. CLASS B COMM 217016104 54 1,100 SH SOLE 1,100 COUNTRYWIDE FINANCIAL COMM 222372104 56 800 SH SOLE 800 COVANCE INC COMM 222816100 125 6,920 SH SOLE 6,920 DTE ENERGY CO. COMM 233331107 224 5,810 SH SOLE 5,810 DANAHER CORP COMM 235851102 3,457 50,800 SH SOLE 50,800 DELL COMPUTER CORP COMM 24702R101 3,404 106,900 SH SHARED 106,900 DELL COMPUTER CORP COMM 24702R101 9,250 290,530 SH SOLE 290,530 DISNEY, WALT CO. COMM 254687106 239 12,120 SH SOLE 12,120 DOMINION RESOURCES INC. COMM 25746U109 118 1,840 SH SOLE 1,840 DU PONT E I DE NEMOURS AND CO. COMM 263534109 249 5,980 SH SOLE 5,980 EOG RESOURCES INC COMM 26875P101 164 3,930 SH SOLE 3,930 EASTMAN KODAK CO. COMM 277461109 144 5,250 SH SOLE 5,250 EBAY COMM 278642103 230 2,210 SH SOLE 2,210 EBIX.COM INC COMM 278715107 11 1,598 SH SHARED 1,598 ECHOSTAR COMMUNICATIONS CORP COMM 278762109 2,912 84,100 SH SHARED 84,100 ECHOSTAR COMMUNICATIONS CORP COMM 278762109 4,701 135,800 SH SOLE 135,800 EXELON CORPORATION COMM 30161N101 120 2,000 SH SOLE 2,000 EXXON MOBIL CORP COMM 30231G102 3,542 98,636 SH SHARED 98,636 EXXON MOBIL CORP COMM 30231G102 12,858 358,070 SH SOLE 358,070 FPL GROUP COMM 302571104 74 1,100 SH SOLE 1,100 FAIR ISAAC CORP COMM 303250104 52 1,010 SH SOLE 1,010 FREDDIE MAC COMM 313400301 1,396 27,500 SH SHARED 27,500 FREDDIE MAC COMM 313400301 2,372 46,730 SH SOLE 46,730 (R) FEDERAL NATIONAL MORTGAGE COMM 313586109 2,927 43,400 SH SHARED 43,400 (R) FEDERAL NATIONAL MORTGAGE COMM 313586109 7 101 SH SHARED 101 (R) FEDERAL NATIONAL MORTGAGE COMM 313586109 6,323 93,760 SH SOLE 93,760 FIFTH THIRD BANCORP COMM 316773100 204 3,560 SH SOLE 3,560 FIRST DATA CORPORATION COMM 319963104 293 7,080 SH SOLE 7,080 FISERV, INC. COMM 337738108 226 6,350 SH SOLE 6,350 FLEETBOSTON FINANCIAL COMM 339030108 189 6,350 SH SOLE 6,350 FOREST LABS, INC. COMM 345838106 117 2,140 SH SOLE 2,140 GENENTECH COMM 368710406 2,971 41,200 SH SHARED 41,200 GENENTECH COMM 368710406 6,165 85,480 SH SOLE 85,480 GENERAL ELECTRIC CO. COMM 369604103 4,425 154,300 SH SHARED 154,300 GENERAL ELECTRIC CO. COMM 369604103 15,814 551,394 SH SOLE 551,394 GILLETTE CO. COMM 375766102 146 4,590 SH SOLE 4,590 GOLDMAN SACHS GROUP COMM 38141G104 2,630 31,400 SH SHARED 31,400 GOLDMAN SACHS GROUP COMM 38141G104 5,028 60,030 SH SOLE 60,030 GTECH HOLDINGS CORP COMM 400518106 54 1,440 SH SOLE 1,440 GUIDANT CORP. COMM 401698105 3,369 75,900 SH SHARED 75,900 GUIDANT CORP. COMM 401698105 4,261 96,000 SH SOLE 96,000 HCA INC COM COMM 404119109 103 3,210 SH SOLE 3,210 HARLEY-DAVIDSON COMM 412822108 88 2,200 SH SOLE 2,200 HARTFORD FINANCIAL SERVICES GROUP COMM 416515104 236 4,690 SH SOLE 4,690 HASBRO COMM 418056107 2,970 169,800 SH SHARED 169,800 HASBRO COMM 418056107 2,741 156,700 SH SOLE 156,700 HEWLETT-PACKARD COMM 428236103 3,427 160,900 SH SHARED 160,900 HEWLETT-PACKARD COMM 428236103 4,759 223,450 SH SOLE 223,450 HOME DEPOT, INC. COMM 437076102 3,762 113,600 SH SHARED 113,600 HOME DEPOT, INC. COMM 437076102 7,962 240,384 SH SOLE 240,384 INDEPENDENCE COMNTY BANK CORP COMM 453414104 101 3,580 SH SOLE 3,580 INTEL CORP COMM 458140100 3,031 145,660 SH SHARED 145,660 INTEL CORP COMM 458140100 7,744 372,140 SH SOLE 372,140 INTERACTIVE CORP COMM 45840Q101 2,478 63,000 SH SHARED 63,000 INTERACTIVE CORP COMM 45840Q101 3,449 87,700 SH SOLE 87,700 INTERNATIONAL BUSINESS MACHINES CORP CAP COMM 459200101 4,947 59,960 SH SOLE 59,960 INTERNATIONAL FLAVORS & FRAGRANCES COMM 459506101 169 5,300 SH SOLE 5,300 JP MORGAN CHASE & CO COMM 46625H100 2,957 86,500 SH SHARED 86,500 JP MORGAN CHASE & CO COMM 46625H100 4,889 143,040 SH SOLE 143,040 JOHNSON & JOHNSON COMM 478160104 2,564 49,600 SH SHARED 49,600 JOHNSON & JOHNSON COMM 478160104 11,736 227,002 SH SOLE 227,002 KLA-TENCOR CORP COMM 482480100 116 2,490 SH SOLE 2,490 KT CORP - ADR COMM 48268K101 2,070 105,000 SH SHARED 105,000 KT CORP - ADR COMM 48268K101 473 24,000 SH SOLE 24,000 KAUFMAN & BROAD HOME CORP. COMM 48666K109 229 3,690 SH SOLE 3,690 KINDER MORGAN INC COMM 49455P101 4,132 75,600 SH SHARED 75,600 KINDER MORGAN INC COMM 49455P101 5,613 102,700 SH SOLE 102,700 KOHL'S CORP. COMM 500255104 183 3,570 SH SOLE 3,570 KRAFT FOODS COMM 50075N104 2,656 81,600 SH SHARED 81,600 KRAFT FOODS COMM 50075N104 4,557 140,000 SH SOLE 140,000 L THREE COMM HOLDINGS COMM 502424104 3,431 78,900 SH SHARED 78,900 L THREE COMM HOLDINGS COMM 502424104 4,501 103,500 SH SOLE 103,500 LEHMAN BROS COMM 524908100 2,679 40,300 SH SHARED 40,300 LEHMAN BROS COMM 524908100 4,217 63,440 SH SOLE 63,440 LEXMARK INTL COMM 529771107 2,703 38,200 SH SHARED 38,200 LEXMARK INTL COMM 529771107 4,098 57,900 SH SOLE 57,900 LIBERTY MEDIA CORP CL A COMM 530718105 3,252 281,300 SH SHARED 281,300 LIBERTY MEDIA CORP CL A COMM 530718105 4,592 397,200 SH SOLE 397,200 LILLY, ELI & CO COMM 532457108 459 6,660 SH SOLE 6,660 LINEAR TECHNOLOGY CORP COMM 535678106 139 4,300 SH SOLE 4,300 LOWE'S COMPANIES INC. COMM 548661107 413 9,610 SH SOLE 9,610 LUBRIZOL CORP COMM 549271104 95 3,070 SH SOLE 3,070 MBNA CORP. COMM 55262L100 2,986 143,300 SH SHARED 143,300 MBNA CORP. COMM 55262L100 4,669 224,040 SH SOLE 224,040 MEMC ELECTRONIC MATERIALS COMM 552715104 167 17,090 SH SOLE 17,090 MGIC INVESTMENT CORP. COMM 552848103 2,654 56,900 SH SHARED 56,900 MGIC INVESTMENT CORP. COMM 552848103 4,421 94,800 SH SOLE 94,800 MARSH & MCLENNAN COS INC COMM 571748102 172 3,360 SH SOLE 3,360 MATTEL INC COMM 577081102 2,634 139,200 SH SHARED 139,200 MATTEL INC COMM 577081102 4,945 261,370 SH SOLE 261,370 MAXIM INTEGRATED PRODOCTS COMM 57772K101 297 8,710 SH SOLE 8,710 MAYTAG CORP. COMM 578592107 25 1,030 SH SOLE 1,030 MCDONALDS CORP COMM 580135101 1,985 90,000 SH SHARED 90,000 MCDONALDS CORP COMM 580135101 4,633 210,000 SH SOLE 210,000 MEDICIS PHARMACEUTICAL CORP CL A COMM 584690309 112 1,980 SH SOLE 1,980 MEDTRONIC INC COMM 585055106 2,624 54,700 SH SHARED 54,700 MEDTRONIC INC COMM 585055106 6,427 133,974 SH SOLE 133,974 MELLON FINANCIAL CORP COMM 58551A108 72 2,580 SH SOLE 2,580 MERCK AND CO INC COMM 589331107 5,382 88,880 SH SOLE 88,880 MERRILL LYNCH & CO. COMM 590188108 254 5,450 SH SOLE 5,450 MICROSOFT CORP COMM 594918104 4,796 187,060 SH SHARED 187,060 MICROSOFT CORP COMM 594918104 18,668 728,064 SH SOLE 728,064 MILLS CORP COMM 601148109 173 5,150 SH SOLE 5,150 MORGAN STANLEY COMM 617446448 602 14,080 SH SOLE 14,080 MOTOROLA INC COMM 620076109 1,179 125,000 SH SHARED 125,000 MURPHY OIL COMM 626717102 50 960 SH SOLE 960 NATIONAL CITY CORP COMM 635405103 2,178 66,600 SH SOLE 66,600 NATIONAL INSTRUMENTS CORP COMM 636518102 165 4,350 SH SOLE 4,350 NEXTEL COMMS - A COMM 65332V103 3,641 201,470 SH SOLE 201,470 NISOURCE INC COMM 65473P105 228 12,000 SH SOLE 12,000 NOKIA CORP ADR COMM 654902204 1,972 120,000 SH SHARED 120,000 NOKIA CORP ADR COMM 654902204 542 33,000 SH SOLE 33,000 NORFOLK SOUTHERN CORP COMM 655844108 89 4,650 SH SOLE 4,650 NORTH FORK BCP COMM 659424105 329 9,670 SH SOLE 9,670 NUCOR CORP COMM 670346105 2,687 55,000 SH SHARED 55,000 NUCOR CORP COMM 670346105 3,239 66,300 SH SOLE 66,300 OCCIDENTAL PETROLEUM CORP COMM 674599105 487 14,530 SH SOLE 14,530 OMNICOM GROUP INC. COMM 681919106 3,011 42,000 SH SHARED 42,000 OMNICOM GROUP INC. COMM 681919106 3,334 46,500 SH SOLE 46,500 ORACLE CORPORATION COMM 68389X105 1,802 150,000 SH SHARED 150,000 ORACLE CORPORATION COMM 68389X105 2,678 222,950 SH SOLE 222,950 THE PMI GROUP INC COMM 69344M101 202 7,510 SH SOLE 7,510 PPL CORPORATION COMM 69351T106 301 7,000 SH SOLE 7,000 PEABODY ENERGY CORP COMM 704549104 586 17,450 SH SOLE 17,450 PEOPLESOFT, INC. COMM 712713106 85 4,840 SH SOLE 4,840 PEPSICO INC COMM 713448108 3,289 73,900 SH SHARED 73,900 PEPSICO INC COMM 713448108 8,037 180,601 SH SOLE 180,601 (R) PETROCORP INC. COMM 71645N101 9,650 1,731,000 SH SHARED 1,731,000 PFIZER INC COMM 717081103 3,747 109,710 SH SHARED 109,710 PFIZER INC COMM 717081103 16,699 488,996 SH SOLE 488,996 PHILADELPHIA SUBURBAN CORP COMM 718009608 60 2,480 SH SOLE 2,480 POLARIS INDS INC COMM 731068102 406 6,620 SH SOLE 6,620 POLYCOM, INC. COMM 73172K104 71 5,130 SH SOLE 5,130 POPULAR INC COMM 733174106 464 12,040 SH SOLE 12,040 PROCTER AND GAMBLE COMM 742718109 2,845 31,900 SH SHARED 31,900 PROCTER AND GAMBLE COMM 742718109 7,274 81,570 SH SOLE 81,570 PROGRESS ENERGY INC COMM 743263105 228 5,200 SH SOLE 5,200 QLOGIC CORP. COMM 747277101 48 990 SH SOLE 990 QUALCOMM INC COMM 747525103 242 6,740 SH SOLE 6,740 RADIAN GROUP INC. COMM 750236101 2,419 66,000 SH SHARED 66,000 RADIAN GROUP INC. COMM 750236101 3,088 84,250 SH SOLE 84,250 RALCORP HOLDINGS INC. COMM 751028101 1,852 74,200 SH SHARED 74,200 RALCORP HOLDINGS INC. COMM 751028101 1,585 63,500 SH SOLE 63,500 REYNOLDS & REYNOLDS CO. COMM 761695105 59 2,060 SH SOLE 2,060 ROCKWELL COLLINS COMM 774341101 171 6,950 SH SOLE 6,950 ROYAL DUTCH PETROLEUM CO. COMM 780257804 286 6,130 SH SOLE 6,130 SBC COMMUNICATIONS INC COMM 78387G103 515 20,160 SH SOLE 20,160 SEI INVESTMENTS COMM 784117103 479 14,980 SH SOLE 14,980 SLM CORP COMM 78442P106 111 2,840 SH SOLE 2,840 SPX CORPORATION COMM 784635104 169 3,830 SH SOLE 3,830 SARA LEE CORP. COMM 803111103 93 4,950 SH SOLE 4,950 SCHERING PLOUGH CORP COMM 806605101 79 4,250 SH SOLE 4,250 SCHLUMBERGER LTD COMM 806857108 164 3,440 SH SOLE 3,440 SELECT COMFORT COMMON STOCK COMM 81616X103 24,976 2,363,169 SH SHARED 2,363,169 SEMTECH CORP COMM 816850101 48 3,370 SH SOLE 3,370 SEMPRA ENERGY COMM 816851109 90 3,140 SH SOLE 3,140 SIGMA-ALDRICH COMM 826552101 4,351 80,100 SH SOLE 80,100 SOUTHERN COMPANY COMM 842587107 132 4,250 SH SOLE 4,250 SPRINT CORP (FON) COMM 852061100 179 12,400 SH SOLE 12,400 STATE STREET CORP COMM 857477103 50 1,260 SH SOLE 1,260 SUNGARD DATA SYSTEMS COMM 867363103 147 5,660 SH SOLE 5,660 SUNOCO INC COMM 86764P109 131 3,480 SH SOLE 3,480 SYMANTEC CORP COMM 871503108 1,453 33,100 SH SHARED 33,100 TCF FINL CORP COMM 872275102 281 7,050 SH SOLE 7,050 TELLABS INC COMM 879664100 50 7,670 SH SOLE 7,670 TEVA PHARMACEUTICAL INDUSTRIES ADR COMM 881624209 3,533 62,100 SH SHARED 62,100 TEVA PHARMACEUTICAL INDUSTRIES ADR COMM 881624209 5,292 93,000 SH SOLE 93,000 THERMO ELECTRON COMM 883556102 87 4,120 SH SOLE 4,120 3M COMPANY COMM 88579Y101 393 3,050 SH SOLE 3,050 TIDEWATER INC. COMM 886423102 97 3,300 SH SOLE 3,300 TYCO INTERNATIONAL LTD. COMM 902124106 549 28,900 SH SOLE 28,900 US BANCORP - NEW COMM 902973304 278 11,330 SH SOLE 11,330 UNION PACIFIC CORP COMM 907818108 356 6,140 SH SOLE 6,140 UNITED DEFENSE INDUSTRIES COMM 91018B104 52 2,010 SH SOLE 2,010 UNITED PARCEL SERVICE COMM 911312106 101 1,590 SH SOLE 1,590 UNITED TECHNOLOGIES CORP COMM 913017109 2,812 39,700 SH SHARED 39,700 UNITED TECHNOLOGIES CORP COMM 913017109 5,160 72,850 SH SOLE 72,850 UNITEDHEALTHCARE GROUP COMM 91324P102 3,497 69,600 SH SHARED 69,600 UNITEDHEALTHCARE GROUP COMM 91324P102 5,519 109,840 SH SOLE 109,840 UTSTARCOM COMM 918076100 148 4,150 SH SOLE 4,150 VALERO ENERGY CORP. COMM 91913Y100 356 9,790 SH SOLE 9,790 VERIZON COMMUNICATIONS COMM 92343V104 3,799 96,300 SH SOLE 96,300 VIACOM INC. CL B COMM 925524308 2,323 53,200 SH SHARED 53,200 VIACOM INC. CL B COMM 925524308 5,279 120,920 SH SOLE 120,920 WACHOVIA CORP - NEW COMM 929903102 322 8,050 SH SOLE 8,050 WAL-MART STORES INC COMM 931142103 3,124 58,200 SH SHARED 58,200 WAL-MART STORES INC COMM 931142103 16,097 299,918 SH SOLE 299,918 WALGREEN CO COMM 931422109 185 6,150 SH SOLE 6,150 WASHINGTON FEDERAL INC COMM 938824109 69 3,000 SH SOLE 3,000 WASHINGTON MUTUAL INC COMM 939322103 242 5,850 SH SOLE 5,850 WASTE MANAGEMENT INC. COMM 94106L109 208 8,620 SH SOLE 8,620 WEBMED CORP COMM 94769M105 123 11,300 SH SOLE 11,300 WEBSTER FINANCIAL CORP. COMM 947890109 82 2,160 SH SOLE 2,160 WEIGHT WATCHERS INTL INC COMM 948626106 1,929 42,400 SH SHARED 42,400 WEIGHT WATCHERS INTL INC COMM 948626106 4,585 100,800 SH SOLE 100,800 WELLS FARGO & CO COMM 949746101 3,170 62,900 SH SHARED 62,900 WELLS FARGO & CO COMM 949746101 8,261 163,910 SH SOLE 163,910 WYETH CORP COMM 983024100 3,548 77,900 SH SHARED 77,900 WYETH CORP COMM 983024100 5,042 110,700 SH SOLE 110,700 XTO ENERGY INC COMM 98385X106 140 6,970 SH SOLE 6,970 ZIMMER HOLDINGS INC COMM 98956P102 2,861 63,500 SH SHARED 63,500 ZIMMER HOLDINGS INC COMM 98956P102 4,908 108,950 SH SOLE 108,950 ACE LTD COMM G0070K103 134 3,920 SH SOLE 3,920 AMDOCS LTD COMM G02602103 3,845 160,200 SH SHARED 160,200 AMDOCS LTD COMM G02602103 4,318 179,900 SH SOLE 179,900 EVEREST RE GROUP LTD COMM G3223R108 3,335 43,600 SH SHARED 43,600 EVEREST RE GROUP LTD COMM G3223R108 4,624 60,450 SH SOLE 60,450 PLATINUM UNDERWRITERS HOLDING COMM G7127P100 135,000 6,000,000 SH SHARED 6,000,000 WILLIS GROUP HOLDINGS LTD COMM G96655108 2,500 81,300 SH SHARED 81,300 WILLIS GROUP HOLDINGS LTD COMM G96655108 2,066 67,200 SH SOLE 67,200 FLEXTRONICS INTERNATIONAL LTD COMM Y2573F102 152 14,530 SH SOLE 14,530