13F-HR 1 d483611_13f-hr.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 March 31, 2004 Check here if Amendment: |_|; Amendment Number: ____ This Amendment (Check only one): |_| is a restatement |_| adds new holding entries. Institutional Manager Filing this Report: Name: Tocqueville Asset Management L.P. Address: 1675 Broadway New York, New York 10019 13F File Number: 28-3063 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: Elizabeth F. Bosco Title: Compliance Officer Phone: (212) 698-0845 Signature, Place and Date of Signing: /s/ Elizabeth F. Bosco New York, New York May 14, 2004 ----------------------- -------------------------- ---------------------- [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 managers(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).) List of Other Managers Reporting for this Manager: None Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 359 Form 13F Information Table Value Total: $1,706,241 (thousands) List of Other Included Managers: None FORM 13F INFORMATION TABLE
NAME OF TITLE OF VALUE SHR OR SH / PUT INVESTMENT OTHER VOTING AUTHORITY ISSUER CLASS CUSIP (x$1000) PRN AMT PRN / CALL DISCRETION MGRS SOLE SHARE NONE IFC Capital Trust III PFD CV TR SECS 449498203 206 6000 SH SOLE NONE 2000 4000 National Australia Bank CAP UTS EXCHBL 632525309 1798 45750 SH SOLE NONE 45750 0 Kerr-McGee Corp 5.5% Pfd DECS 080404 492386305 525 10500 SH SOLE NONE 10500 0 3Com Corp. COM 885535104 6988 989750 SH SOLE NONE 989750 0 3M Company COM 88579Y101 2553 31180 SH SOLE NONE 27530 3650 99 Cents Only Stores COM 65440K106 2991 122500 SH SOLE NONE 122500 0 A.T. Cross Company COM 227478104 92 14110 SH SOLE NONE 0 14110 AFLAC Inc. COM 001055102 1770 44100 SH SOLE NONE 44100 0 Abbott Laboratories COM 002824100 908 22094 SH SOLE NONE 18333 6761 Abraxas Petroleum COM 003830106 45 16900 SH SOLE NONE 16900 0 Agile Software Corp. COM 00846x105 2712 310000 SH SOLE NONE 310000 0 Agilent Technologies, Inc. COM 00846U101 508 16067 SH SOLE NONE 190 15877 Alamosa Holdings Inc. COM 011589108 64 12000 SH SOLE NONE 12000 0 Alberto Culver Co. Class B COM 013068101 1720 39199 SH SOLE NONE 39199 0 Alcoa Inc. COM 013817101 22455 647304 SH SOLE NONE 645248 2056 Alexander & Baldwin Inc. COM 014482103 6707 203500 SH SOLE NONE 203500 0 Allstate Corp COM 020002101 21262 467700 SH SOLE NONE 467700 0 Amazon.com Inc. COM 023135106 351 8100 SH SOLE NONE 7800 3300 Amerada Hess Corp COM 023551104 3264 50000 SH SOLE NONE 50000 0 American Express Co. COM 025816109 1812 34945 SH SOLE NONE 32200 7245 American Int'l Group COM 026874107 5839 81840 SH SOLE NONE 75765 9075 American Management Systems, I COM 027352103 15254 795305 SH SOLE NONE 710890 84415 Amgen Inc. COM 031162100 3454 59405 SH SOLE NONE 53205 6200 Analysts International Corp. COM 032681108 573 197000 SH SOLE NONE 197000 0 Andrew Corp. COM 034425108 2625 150000 SH SOLE NONE 150000 0 Anheuser Busch Companies Inc. COM 035229103 934 18310 SH SOLE NONE 18310 0 Apache Corp. COM 037411105 505 11702 SH SOLE NONE 10492 1210 Apex Silver Mines Ltd. COM G04074103 28311 1254900 SH SOLE NONE 1254900 0 Apollo Group Inc. COM 037604105 2237 25960 SH SOLE NONE 25960 0 Applera Corp. COM 038020103 198 10000 SH SOLE NONE 0 10000 Applied Materials Inc. COM 038222105 341 16000 SH SOLE NONE 8500 7500 Ascential Software Corp. COM 04362P207 439 20125 SH SOLE NONE 20125 0 Ashanti Goldfields Co. Ltd. COM 043743202 20914 1719900 SH SOLE NONE 1719900 0 Autodesk Inc. COM 052769106 355 11250 SH SOLE NONE 11250 0 Automatic Data Processing COM 053015103 4796 114197 SH SOLE NONE 108200 5997 Avnet Inc. COM 053807103 3453 141000 SH SOLE NONE 131000 10000 Axis Capital Holdings Ltd. COM G0692U109 1813 61350 SH SOLE NONE 61350 0 Baldor Electric Co COM 057741100 16425 714733 SH SOLE NONE 666858 47875 Banc One Corp. COM 06423A103 496 9105 SH SOLE NONE 9105 0 Bank of New York COM 064057102 20910 663813 SH SOLE NONE 663813 0 BankAmerica Corp. COM 060505104 1166 14399 SH SOLE NONE 14399 0 Bard C. R., Inc COM 067383109 1876 19215 SH SOLE NONE 19215 0 Barnes & Noble, Inc. COM 067774109 1551 47575 SH SOLE NONE 47575 0 Barnes Group Inc. COM 067806109 2650 95000 SH SOLE NONE 95000 0 Baxter International Inc. COM 071813109 1316 42590 SH SOLE NONE 42590 0 Bed Bath & Beyond Inc. COM 075896100 2230 53225 SH SOLE NONE 47875 5350 BellSouth Corp. COM 079860102 768 27719 SH SOLE NONE 16224 15659 Bema Gold Corp. COM 08135F107 9090 2470000 SH SOLE NONE 2470000 0 Berkshire-Hathaway, Inc. Class COM 084670207 684 220 SH SOLE NONE 220 0 Bio Imaging Technologies Inc. COM 09056N103 119 20600 SH SOLE NONE 20600 0 Boeing Co. COM 097023105 24083 586400 SH SOLE NONE 586400 0 Borders Group Inc. COM 099709107 2331 98200 SH SOLE NONE 98200 0 Bristol Myers Squibb Co. COM 110122108 11837 488544 SH SOLE NONE 484295 4249 C & D Technologies, Inc. COM 124661109 12032 720020 SH SOLE NONE 641530 78490 C I G N A Corp. COM 125509109 26518 449300 SH SOLE NONE 449300 0 CV Therapeutics, Inc. COM 126667104 617 40790 SH SOLE NONE 40790 0 Cameco Corp. COM 13321L108 11818 237500 SH SOLE NONE 237500 0 Canyon Resources Corp. COM 138869300 1080 228832.6 SH SOLE NONE 228832.6 0 Captaris Inc. COM 14071N104 4618 839575 SH SOLE NONE 778535 61040 Caraco Pharmaceutical Labs Ltd COM 14075t107 122 12000 SH SOLE NONE 12000 0 Cardinal Health Inc. COM 14149Y108 3886 56401 SH SOLE NONE 56401 0 CardioDynamics Int'l Corp. COM 141597104 8594 1359745 SH SOLE NONE 1243345 116400 Caterpillar Inc. COM 149123101 688 8707 SH SOLE NONE 8707 0 Cendant Corp. COM 151313103 220 9000 SH SOLE NONE 9000 0 Centene Corp. COM 15135B101 4470 146123 SH SOLE NONE 132041 14082 Cerner Corp COM 156782104 451 10000 SH SOLE NONE 10000 0 Charles River Laboratories Int COM 159864107 864 20170 SH SOLE NONE 20170 0 ChevronTexaco Corp. COM 166764100 9200 104802 SH SOLE NONE 99882 6420 Cholestech Corp. COM 170393102 9138 1038460 SH SOLE NONE 941655 96805 Chordiant Software, Inc. COM 170404107 262 50000 SH SOLE NONE 50000 0 Cincinnati Bell Inc. COM 171871106 304 74800 SH SOLE NONE 74800 0 Circle Corp. COM 172559106 190 34480 SH SOLE NONE 34480 0 Circuit City Stores Inc. COM 172737108 136 12000 SH SOLE NONE 12000 0 Cisco Systems Inc. COM 17275R102 5170 219330 SH SOLE NONE 217230 2100 CitiGroup Inc. COM 172967101 4439 85869.97 SH SOLE NONE 83790.97 2079 Coach Inc. COM 189754104 246 5996 SH SOLE NONE 2500 3496 Coca-Cola Company COM 191216100 5028 99968 SH SOLE NONE 98300 1668 Colgate Palmolive Co. COM 194162103 4713 85529 SH SOLE NONE 84900 629 CollaGenex Pharmaceuticals, In COM 19419B100 4954 371885 SH SOLE NONE 342285 29600 Comfort Sys USA Inc COM 199908104 79 11000 SH SOLE NONE 11000 0 Compania de Minas Buenaventurs COM 204448104 23793 823300 SH SOLE NONE 823300 0 Computer Horizons Corp. COM 205908106 6692 1556335 SH SOLE NONE 1420620 135715 Conagra Inc. COM 205887102 234 8700 SH SOLE NONE 6300 2400 ConocoPhillips COM 20825C104 7491 107299 SH SOLE NONE 95136 12163 Core Laboratories COM N22717107 15476 729980 SH SOLE NONE 699535 30445 Corn Products International, I COM 219023108 4000 100000 SH SOLE NONE 100000 0 Corvis Corp. COM 221009103 19 10000 SH SOLE NONE 10000 0 Covance Inc. COM 222816100 781 22665 SH SOLE NONE 22665 0 Coventry Health Care Inc. COM 222862104 3145 74300 SH SOLE NONE 74300 0 Cray Inc. COM 225223106 70 10500 SH SOLE NONE 10500 0 Cross Timbers Royalty Trust COM 22757R109 5760 203190 SH SOLE NONE 203190 0 Crystallex International Corp. COM 22942F101 14959 4872700 SH SOLE NONE 4868700 4000 Cummins, Inc. COM 231021106 234 4000 SH SOLE NONE 4000 0 Cytyc Corp. COM 232946103 6220 279540 SH SOLE NONE 252590 26950 Datascope Corp. COM 238113104 2319 66000 SH SOLE NONE 66000 0 Del Monte Foods Co. COM 24522P103 8758 778500 SH SOLE NONE 778500 0 Dell Inc. COM 24702R101 3670 109175 SH SOLE NONE 108775 400 Delta & Pine Land Co. COM 247357106 9625 385770 SH SOLE NONE 346950 38820 Dendrite International Inc COM 248239105 2562 160000 SH SOLE NONE 160000 0 Dentsply Int'l Inc. COM 249030107 1513 34135 SH SOLE NONE 34135 0 Devon Energy Corp. COM 25179M103 22001 378346 SH SOLE NONE 378346 0 Diamonds Tr Unit Ser 1 COM 252787106 619 5960 SH SOLE NONE 1000 4960 Diebold, Inc. COM 253651103 1983 41200 SH SOLE NONE 41200 0 Disney, Walt Company COM 254687106 215 8620 SH SOLE NONE 5000 8620 Dominion Res Inc./VA COM 25746U109 3102 48250 SH SOLE NONE 48250 0 Doral Financial Corp. COM 25811P100 373 10600 SH SOLE NONE 0 10600 Dot Hill Sys Corp. COM 25848T109 120 12000 SH SOLE NONE 12000 0 Dover Corp. COM 260003108 1749 45100 SH SOLE NONE 37500 7600 Du Pont De Nemours, I.E. & Co. COM 263534109 7745 183452 SH SOLE NONE 182152 1300 Duke Realty Invts Inc Com New COM 264411505 358 10300 SH SOLE NONE 4000 6300 E Trade Group Inc. COM 269246104 170 12700 SH SOLE NONE 12700 0 EFunds Corp COM 28224R101 4702 286688 SH SOLE NONE 258198 28490 EMC Corp. COM 268648102 7106 522130 SH SOLE NONE 522130 0 EOG Resources, Inc. COM 26875P101 3621 78900 SH SOLE NONE 78900 0 El Paso Corp. COM 28336L109 100 14000 SH SOLE NONE 14000 0 Emerson Electric Co. COM 291011104 670 11178 SH SOLE NONE 10207 971 Ensco International Inc COM 26874Q100 1408 50000 SH SOLE NONE 50000 0 Enzon Pharmaceuticals COM 293904108 9894 641250 SH SOLE NONE 581990 59260 Exult Inc. COM 302284104 14897 2418360 SH SOLE NONE 2357210 61150 Exxon Mobil Corp. COM 30231G102 5625 135249 SH SOLE NONE 121365 16684 FPL Group Inc COM 302571104 13845 207100 SH SOLE NONE 202300 4800 Federal National Mortgage Asso COM 313586109 656 8825 SH SOLE NONE 8825 0 Federal Signal Corp. COM 313855108 12680 638800 SH SOLE NONE 638800 0 Fifth Third Bancorp COM 316773100 238 4300 SH SOLE NONE 4300 0 First Data Corp. COM 319963104 228 5409 SH SOLE NONE 5300 109 Flowserve Corp. COM 34354P105 15870 757510 SH SOLE NONE 712150 45360 Foot Locker Inc. COM 344849104 3549 137550 SH SOLE NONE 137550 0 Forest Laboratories Inc. COM 345838106 2153 30060 SH SOLE NONE 30060 0 Furniture Brand Intl. Inc. COM 360921100 451 14000 SH SOLE NONE 14000 0 General Dynamics Corp. COM 369550108 311 3476 SH SOLE NONE 1000 3476 General Electric Co. COM 369604103 9830 322086 SH SOLE NONE 269590 52496 General Growth Properties Inc. COM 370021107 14729 419039 SH SOLE NONE 419039 0 General Mills, Inc. COM 370334104 439 9400 SH SOLE NONE 9400 0 Genuine Parts Co. COM 372460105 1029 31460 SH SOLE NONE 2000 29460 Gillette Co. COM 375766102 330 8446 SH SOLE NONE 7046 1400 Glamis Gold Ltd. COM 376775102 9924 551000 SH SOLE NONE 551000 0 Global Industries Ltd COM 379336100 13901 2356180 SH SOLE NONE 2092795 263385 GlobalSantaFe Corp. COM G3930E101 11633 418900 SH SOLE NONE 418900 0 Goldman Sachs Group Inc. COM 38141G104 247 2370 SH SOLE NONE 2370 0 Graco Inc. COM 384109104 763 26223 SH SOLE NONE 0 26223 Granite Construction Inc. COM 387328107 557 23437 SH SOLE NONE 0 23437 Grey Global Group, Inc. COM 39787M108 331 481 SH SOLE NONE 481 0 Gric Communications Inc. COM 398081109 44 13000 SH SOLE NONE 13000 0 Guidant Corporation COM 401698105 359 5670 SH SOLE NONE 5670 0 Harley Davidson Inc. COM 412822108 3622 67900 SH SOLE NONE 67900 0 Haverty Furniture Inc. COM 419596101 313 14700 SH SOLE NONE 0 14700 Hawaiian Electric Inds Inc COM 419870100 3489 67300 SH SOLE NONE 67300 0 Health Care Property Invs Inc COM 421915109 254 8960 SH SOLE NONE 8960 0 Health Management Associates, COM 421933102 4582 197405 SH SOLE NONE 197405 0 HealthExtras Inc. COM 422211102 115 10000 SH SOLE NONE 10000 0 Henry Schein, Inc. COM 806407102 1876 26320 SH SOLE NONE 26320 0 Hercules Inc. COM 427056106 4856 423000 SH SOLE NONE 423000 0 Hewlett-Packard Co. COM 428236103 869 38035 SH SOLE NONE 22585 18450 Hexcel Corp. COM 428291108 165 22600 SH SOLE NONE 22600 0 Hibernia Corp La Cl A COM 428656102 4228 180000 SH SOLE NONE 180000 0 Home Depot Inc. COM 437076102 5805 155377 SH SOLE NONE 144702 10675 Honeywell International Inc. COM 438516106 17843 527110 SH SOLE NONE 527110 0 Hooper Holmes, Inc. COM 439104100 10292 1649290 SH SOLE NONE 1491045 158245 Hormel Foods COM 440452100 2987 101850 SH SOLE NONE 101850 0 IDT Corp. COM 448947309 3290 163300 SH SOLE NONE 163300 0 IPC Holdings, Ltd. COM G4933P101 5981 151850 SH SOLE NONE 151850 0 IShares - Russell 2000 COM 464287655 912 7755 SH SOLE NONE 7655 100 Illinois Tool Works Inc. COM 452308109 789 9956 SH SOLE NONE 9956 0 Imax Corp COM 45245E109 111 18878 SH SOLE NONE 18878 0 Impac Medical Sys Inc. COM 45255A104 948 38642 SH SOLE NONE 38642 0 Independent Bank Corp. COM 453838104 415 14903 SH SOLE NONE 0 14903 Infocus Corp. COM 45665B106 4132 441945 SH SOLE NONE 398295 43650 Informatica Corp. COM 45666Q102 2663 310000 SH SOLE NONE 310000 0 Input/Output Inc COM 457652105 5506 710400 SH SOLE NONE 710400 0 Int'l Business Machines Corp. COM 459200101 4454 48500 SH SOLE NONE 37225 11275 Intel Corp. COM 458140100 2848 104690 SH SOLE NONE 84540 20150 InterDent, Inc. COM 45865R208 1 46666 SH SOLE NONE 46666 0 InterVoice, Inc. COM 461142101 4873 290600 SH SOLE NONE 290600 0 International Paper Co. COM 460146103 293 6942 SH SOLE NONE 2742 6200 Interpublic Group of Cos. Inc. COM 460690100 16211 1054000 SH SOLE NONE 1054000 0 Interstate Bakeries COM 46072H108 250 22000 SH SOLE NONE 22000 0 Intl Flavors & Fragrances COM 459506101 692 19500 SH SOLE NONE 3500 16000 Intuitive Surgical, Inc. COM 46120E602 6873 405020 SH SOLE NONE 371220 33800 Ionics, Inc. COM 462218108 7546 265705 SH SOLE NONE 244645 21060 Ivax Corp. COM 465823102 12033 528440 SH SOLE NONE 478930 49510 J.P. Morgan Chase & Co. COM 46625H100 1517 36162 SH SOLE NONE 36162 0 John Wiley & Sons COM 968223206 2625 87700 SH SOLE NONE 87700 0 Johnson & Johnson COM 478160104 14934 294439 SH SOLE NONE 278261 16178 Kaydon Corp. COM 486587108 7885 286400 SH SOLE NONE 285000 1400 Keane Corp COM 486665102 13983 888370 SH SOLE NONE 810765 77605 Kendle Int'l Inc. COM 48880L107 672 75000 SH SOLE NONE 75000 0 Kennametal, Inc. COM 489170100 10140 245700 SH SOLE NONE 245700 0 Kerr McGee COM 492386107 4594 89200 SH SOLE NONE 89200 0 Key Energy Group Inc. COM 492914106 148 13500 SH SOLE NONE 13500 0 Keyspan Corp. COM 49337W100 3470 90800 SH SOLE NONE 90800 0 Kinder Morgan Energy LP COM 494550106 2554 56650 SH SOLE NONE 56650 0 Kinder Morgan Inc. COM 49455p101 1803 28610 SH SOLE NONE 28610 0 Kinder Morgan Management, LLC. COM 49455U100 868 20531 SH SOLE NONE 20531 0 Kohls Corp. COM 500255104 7873 162900 SH SOLE NONE 162900 0 Kos Pharmaceuticals, Inc. COM 500648100 285 7000 SH SOLE NONE 7000 0 Kraft Foods Inc. COM 50075N104 288 9000 SH SOLE NONE 0 9000 LTV Corp. New COM 501921100 0 10000 SH SOLE NONE 10000 0 Lakeland Industries Inc. COM 511795106 895 53482 SH SOLE NONE 0 53482 Landry's Restaurants, Inc. COM 51508L103 2580 86500 SH SOLE NONE 86500 0 Leggett & Platt Inc. COM 524660107 2686 113300 SH SOLE NONE 113300 0 Lexington Corp Properties Trus COM 529043101 3309 151867.4 SH SOLE NONE 151867.4 0 Liberty Media Corp. COM 530718105 192 17500 SH SOLE NONE 17500 0 Lilly, Eli & Co. COM 532457108 1114 16650 SH SOLE NONE 14000 2650 Longs Drug Stores Corp. COM 543162101 3126 166000 SH SOLE NONE 166000 0 Longview Fibre Co. COM 543213102 2924 262000 SH SOLE NONE 262000 0 Lowe's Companies, Inc. COM 548661107 7059 125765 SH SOLE NONE 125765 0 M & T Bank Corp. COM 55261F104 3297 36700 SH SOLE NONE 36600 100 MBIA Inc. COM 55262C100 1027 16385 SH SOLE NONE 16085 300 MBNA Corp. COM 55262L100 3055 110565 SH SOLE NONE 110565 0 MagneTek, Inc. 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COM 594087108 2606 53600 SH SOLE NONE 53600 0 Microsoft Corp. COM 594918104 22499 902490 SH SOLE NONE 896002 14488 Microtek Medical Holdings COM 59515B109 188 41000 SH SOLE NONE 41000 0 Milestone Scientific Inc. COM 59935P209 118 49500 SH SOLE NONE 49500 0 Mim Corp COM 553044108 609 80000 SH SOLE NONE 80000 0 Mobile Mini, Inc. COM 60740F105 11177 646060 SH SOLE NONE 577500 68560 Molex Inc. COM 608554101 3752 123449 SH SOLE NONE 123449 0 Morgan Stanley COM 617446448 590 10296 SH SOLE NONE 7190 3106 Motorola Inc. COM 620076109 353 20070 SH SOLE NONE 12870 7200 Murphy Oil Corp. COM 626717102 29221 464050 SH SOLE NONE 464050 0 Mylan Laboratories Inc. COM 628530107 252 11100 SH SOLE NONE 11100 0 NEC Corp ADR COM 629050204 82 10000 SH SOLE NONE 10000 0 National Commerce Financial Co COM 63545P104 4549 159000 SH SOLE NONE 159000 0 Network Engines Inc. COM 64121A107 57 15000 SH SOLE NONE 15000 0 Newell Rubbermaid Inc. COM 651229106 4311 185840 SH SOLE NONE 185840 0 Newmont Mining Corp. COM 651639106 44737 959396 SH SOLE NONE 951896 7500 Nokia Corp Sponsored ADR COM 654902204 298 14700 SH SOLE NONE 14700 0 Northrop Grumman Corp. COM 666807102 453 4600 SH SOLE NONE 4600 0 Occidental Petroleum Corp. COM 674599105 2459 53400 SH SOLE NONE 53400 0 Oceaneering Int'l COM 675232102 14843 487440 SH SOLE NONE 437950 49490 Odyssey Healthcare COM 67611v101 695 36825 SH SOLE NONE 36825 0 Office Depot Inc. COM 676220106 292 15500 SH SOLE NONE 15500 0 Offshore Logistics COM 676255102 12944 561550 SH SOLE NONE 503205 58345 Olin Corp COM 680665205 24348 1364015 SH SOLE NONE 1327155 36860 Omi Corp. COM Y6476W104 114 10000 SH SOLE NONE 10000 0 Omnicare, Inc. COM 681904108 336 7575 SH SOLE NONE 7575 0 Oracle Corp. COM 68389X105 1124 93650 SH SOLE NONE 93650 0 Oregon Steel Mills Inc. COM 686079104 132 17500 SH SOLE NONE 17500 0 OrthoLogic Corp. COM 68750J107 775 100000 SH SOLE NONE 100000 0 OshKosh B'Gosh, Inc. COM 688222207 3791 162000 SH SOLE NONE 144700 17300 PFSWeb Inc. COM 717098107 78 45000 SH SOLE NONE 45000 0 Pall Corp COM 696429307 8267 364330 SH SOLE NONE 331340 32990 PartnerRe Ltd. COM g6852t105 4663 82600 SH SOLE NONE 82600 0 Paxar Corp. COM 704227107 3245 220000 SH SOLE NONE 220000 0 Penn Virginia Resource Partner COM 707884102 1679 47550 SH SOLE NONE 47550 0 Pepsico Inc. COM 713448108 1286 23890 SH SOLE NONE 23490 400 Perrigo Co. COM 714290103 4010 200000 SH SOLE NONE 200000 0 Pfizer Inc. COM 717081103 11215 319977 SH SOLE NONE 307330 12647 Pharmaceutical Product Develop COM 717124101 19036 640735 SH SOLE NONE 594220 49515 Phelps Dodge COM 717265102 25711 314860 SH SOLE NONE 314860 0 Photoworks, Inc. COM 71940B109 142 405200 SH SOLE NONE 405200 0 Plum Creek Timber Co - Dep Uni COM 729251108 343 10550 SH SOLE NONE 9150 1400 Polymer Group Inc. COM 731745105 2 20000 SH SOLE NONE 0 20000 Powerwave Technologies, Inc. COM 739363109 9592 1229705 SH SOLE NONE 1178175 51530 Priority Healthcare Corp. CL B COM 74264T102 10634 499270 SH SOLE NONE 449155 50115 Procter & Gamble Co. COM 742718109 2400 22880 SH SOLE NONE 15600 7280 Providian Financial corp. COM 74406A102 153 11700 SH SOLE NONE 11700 0 Province Healthcare Co. COM 743977100 5821 366120 SH SOLE NONE 329120 37000 Proxim Corp. COM 744283102 2903 1640000 SH SOLE NONE 1640000 0 Prudential Financial, Inc. COM 744320102 1527 34100 SH SOLE NONE 34100 0 Q-Med, Inc. COM 747914109 823 75000 SH SOLE NONE 75000 0 QLT Inc. COM 746927102 255 10000 SH SOLE NONE 10000 0 Qualcomm Inc. COM 747525103 670 10100 SH SOLE NONE 6600 3500 Quest Diagnostics Inc. COM 74834L100 4175 50400 SH SOLE NONE 49450 950 Questar Corp. COM 748356102 2649 72700 SH SOLE NONE 53100 19600 Raindance Communications Inc. COM 75086X106 4292 1505850 SH SOLE NONE 1349200 156650 Rayovac Corp. COM 755081106 3575 125000 SH SOLE NONE 125000 0 Regions Financial Corp. Com COM 758940100 771 21100 SH SOLE NONE 21100 0 Renal Care Group, Inc. COM 759930100 366 8000 SH SOLE NONE 8000 0 Rouse Company COM 779273101 3157 58900 SH SOLE NONE 58900 0 SAFECO Corp. COM 786429100 657 15244 SH SOLE NONE 0 15244 SBC Communications Inc. COM 78387G103 356 14525 SH SOLE NONE 14025 500 San Juan Basin Royalty Trust - COM 798241105 522 26000 SH SOLE NONE 26000 0 Schering-Plough Corp. COM 806605101 13758 848200 SH SOLE NONE 848200 0 Schlumberger Ltd. COM 806857108 8231 128912 SH SOLE NONE 122812 6100 Schulman,A Inc. COM 808194104 5377 273625 SH SOLE NONE 273625 0 Scientific Games Corp - A COM 80874P109 4025 215000 SH SOLE NONE 215000 0 Service Corp International COM 817565104 6053 810300 SH SOLE NONE 810300 0 Sonoco Products Co. COM 835495102 4914 202400 SH SOLE NONE 202400 0 Southern Co. COM 842587107 2287 75000 SH SOLE NONE 75000 0 Southtrust Corp. COM 844730101 4380 132050 SH SOLE NONE 132050 0 Southwest Airlines Co. COM 844741108 489 34437 SH SOLE NONE 20000 14437 Spinnaker Exploration Co. 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