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, 2005
-----------------------
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: Verizon Investment Management Corp.
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Address: 695 Main Street, 6th Floor
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Stamford, Connecticut 06901
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Form 13F File Number: 028-04063
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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: Neil O'Sullivan
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Title: Director-Trust Operations
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Phone: 203 965-3827
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Signature, Place, and Date of Signing:
/S/ Stamford, Connecticut 4/29/05
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[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).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
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Form 13F Information Table Entry Total: 977
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Form 13F Information Table Value Total: 7,671,920
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(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.
Goldman Sachs Prime Brokerage
-----------------------------
FORM 13F INFORMATION TABLE
VERIZON INVESTMENT MANAGEMENT CORP.
FORM 13F - SOLE INSTR V. NONE AUTHORITY
MARCH 31, 2005
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
------------------------------ -------------- --------- --------- --------- --- ---- ----------- -------- ------ --------- ---------
ACE LTD ORD G0070K103 3,624 87,810 X 87,810
ACCENTURE LTD BERMUDA CL A G1150G111 782 32,400 X 32,400
COOPER INDS LTD CL A G24182100 5,598 78,268 X 78,268
GLOBALSANTAFE CORP SHS G3930E101 293 7,900 X 7,900
INGERSOLL-RAND COMPANYLTD CL A G4776G101 7,396 92,860 X 92,860
MARVELL TECHNOLOGY GROUP LTD ORD G5876H105 1,231 32,100 X 32,100
NABORS INDUSTRIES LTD SHS G6359F103 2,581 43,643 X 43,643
NOBLE CORPORATION SHS G65422100 1,824 32,449 X 32,449
QUANTA CAPITAL HLDGS LTD SHS G7313F106 225 28,200 X 28,200
SCOTTISH RE GROUP LTD ORD G7885T104 306 13,600 X 13,600
TRANSOCEAN INC ORD G90078109 5,735 111,437 X 111,437
WHITE MTNS INS GROUP LTD COM G9618E107 974 1,600 X 1,600
XL CAP LTD CL A G98255105 2,416 33,386 X 33,386
ALCON INC COM SHS H01301102 3,000 33,600 X 33,600
ROYAL CARIBBEAN CRUISES LTD COM V7780T103 1,582 35,400 X 35,400
A D C TELECOMMUNICATIONS COM 000886101 633 318,317 X 318,317
AFLAC INC COM 001055102 11,256 302,107 X 302,107
AES CORP COM 00130H105 5,279 322,270 X 322,270
AMR CORP COM 001765106 211 19,733 X 19,733
AT&T CORP COM NEW 001957505 6,151 328,035 X 328,035
ABBOTT LABS COM 002824100 51,793 1,110,959 X 1,110,959
ABERCROMBIE & FITCH CO CL A 002896207 2,919 50,994 X 50,994
ACCREDO HEALTH INC COM 00437V104 416 9,361 X 9,361
ACTIVISION INC NEW COM NEW 004930202 1,498 101,201 X 101,201
ACXIOM CORP COM 005125109 1,056 50,448 X 50,448
ADESA INC COM 00686U104 1,093 46,802 X 46,802
ADOBE SYS INC COM 00724F101 13,861 206,360 X 206,360
ADTRAN INC COM 00738A106 217 12,327 X 12,327
ADVANCE AUTO PARTS INC COM 00751Y106 2,419 47,941 X 47,941
AEROPOSTALE COM 007865108 1,179 36,000 X 36,000
ADVANCED MICRO DEVICESINC COM 007903107 3,275 203,193 X 203,193
AETNA INC NEW COM 00817Y108 12,248 163,410 X 163,410
AFFILIATED COMPUTER SERVICES CL A 008190100 5,194 97,556 X 97,556
AFFYMETRIX INC COM 00826T108 499 11,664 X 11,664
AGERE SYS INC CL B 00845V209 473 333,359 X 333,359
AGILENT TECHNOLOGIES INC COM 00846U101 4,351 195,976 X 195,976
AIR PRODS & CHEMS INC COM 009158106 7,737 122,255 X 122,255
AKAMAI TECHNOLOGIES INC COM 00971T101 263 20,665 X 20,665
ALBERTO CULVER CO COM 013068101 6,511 136,040 X 136,040
ALBERTSONS INC COM 013104104 3,701 179,232 X 179,232
ALCOA INC COM 013817101 15,079 496,195 X 496,195
ALLEGHANY CORP DEL COM 017175100 7,790 28,121 X 28,121
ALLEGHENY ENERGY INC COM 017361106 927 44,870 X 44,870
ALLEGHENY TECHNOLOGIESINC COM 01741R102 519 21,529 X 21,529
ALLERGAN INC COM 018490102 7,591 109,273 X 109,273
ALLETE INC COM NEW 018522300 650 15,533 X 15,533
ALLIANCE DATA SYSTEMSCORP COM 018581108 1,587 39,285 X 39,285
ALLIANT ENERGY CORP COM 018802108 1,819 67,937 X 67,937
ALLIANT TECHSYSTEMS INC COM 018804104 2,785 38,972 X 38,972
ALLIED WASTE INDS INC COM PAR$.01NEW 019589308 713 97,501 X 97,501
ALLSTATE CORP COM 020002101 27,562 509,842 X 509,842
ALLTEL CORP COM 020039103 13,452 245,255 X 245,255
ALTERA CORP COM 021441100 3,361 169,931 X 169,931
ALTRIA GROUP INC COM 02209S103 87,751 1,341,959 X 1,341,959
1
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
------------------------------ -------------- --------- --------- --------- --- ---- ----------- -------- ------ --------- ---------
AMAZON COM INC COM 023135106 4,130 120,520 X 120,520
AMBAC FINL GROUP INC COM 023139108 6,867 91,861 X 91,861
AMERADA HESS CORP COM 023551104 8,589 89,269 X 89,269
AMEREN CORP COM 023608102 3,363 68,610 X 68,610
AMERICAN CAPITAL STRATEGIES COM 024937104 298 9,481 X 9,481
AMERICAN EAGLE OUTFITTERS NE COM 02553E106 644 21,804 X 21,804
AMERICAN ELEC PWR INC COM 025537101 7,189 211,080 X 211,080
AMERICAN EXPRESS CO COM 025816109 42,740 832,003 X 832,003
AMERICAN INTL GROUP INC COM 026874107 89,934 1,623,066 X 1,623,066
AMERICAN PHYSICIANS CAPITAL COM 028884104 288 8,390 X 8,390
AMERICAN PWR CONVERSION CORP COM 029066107 2,286 87,460 X 87,460
AMERICAN STD COS INC DEL COM 029712106 8,686 186,874 X 186,874
AMERICAN TOWER CORP CL A 029912201 996 54,659 X 54,659
AMERICREDIT CORP COM 03060R101 218 9,312 X 9,312
AMERISOURCEBERGEN CORP COM 03073E105 3,230 56,380 X 56,380
AMERITRADE HLDG CORP NEW COM 03074K100 474 46,444 X 46,444
AMETEK INC NEW COM 031100100 4,808 119,442 X 119,442
AMGEN INC COM 031162100 51,429 883,516 X 883,516
AMKOR TECHNOLOGY INC COM 031652100 72 18,780 X 18,780
AMPHENOL CORP NEW CL A 032095101 2,131 57,526 X 57,526
AMSOUTH BANCORPORATION COM 032165102 2,768 106,673 X 106,673
AMYLIN PHARMACEUTICALSINC COM 032346108 348 19,886 X 19,886
ANADARKO PETE CORP COM 032511107 9,960 130,875 X 130,875
ANALOG DEVICES INC COM 032654105 14,459 400,071 X 400,071
ANDREW CORP COM 034425108 1,267 108,240 X 108,240
ANDRX CORP DEL ANDRX GROUP 034553107 343 15,133 X 15,133
ANHEUSER BUSCH COS INC COM 035229103 24,908 525,588 X 525,588
ANNTAYLOR STORES CORP COM 036115103 978 38,218 X 38,218
ANSYS INC COM 03662Q105 862 25,200 X 25,200
AON CORP COM 037389103 2,152 94,206 X 94,206
APACHE CORP COM 037411105 10,076 164,567 X 164,567
APARTMENT INVT & MGMTCO CL A 03748R101 1,061 28,527 X 28,527
APOLLO GROUP INC CL A 037604105 15,431 208,362 X 208,362
APPLE COMPUTER INC COM 037833100 22,475 539,356 X 539,356
APPLEBEES INTL INC COM 037899101 2,077 75,364 X 75,364
APPLERA CORP COM AP BIO GRP 038020103 1,163 58,909 X 58,909
APPLIED MICRO CIRCUITSCORP COM 03822W109 369 112,271 X 112,271
APPLIED MATLS INC COM 038222105 19,944 1,227,313 X 1,227,313
ARAMARK CORP CL B 038521100 533 20,285 X 20,285
ARCH COAL INC COM 039380100 294 6,825 X 6,825
ARCHER DANIELS MIDLANDCO COM 039483102 5,423 220,611 X 220,611
ARCHSTONE SMITH TR COM 039583109 3,125 91,624 X 91,624
ARROW ELECTRS INC COM 042735100 268 10,565 X 10,565
ASHLAND INC COM 044204105 1,383 20,503 X 20,503
ASK JEEVES INC COM 045174109 312 11,117 X 11,117
ASSOCIATED BANC CORP COM 045487105 1,098 35,172 X 35,172
ASTORIA FINL CORP COM 046265104 1,048 41,426 X 41,426
ATMEL CORP COM 049513104 238 80,647 X 80,647
AUTODESK INC COM 052769106 7,619 256,000 X 256,000
AUTOLIV INC COM 052800109 2,353 49,383 X 49,383
AUTOMATIC DATA PROCESSING IN COM 053015103 15,727 349,869 X 349,869
AUTONATION INC COM 05329W102 1,223 64,578 X 64,578
AUTOZONE INC COM 053332102 3,864 45,084 X 45,084
AVALONBAY CMNTYS INC COM 053484101 1,916 28,639 X 28,639
2
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
------------------------------ -------------- --------- --------- --------- --- ---- ----------- -------- ------ --------- ---------
AVAYA INC COM 053499109 2,613 223,732 X 223,732
AVERY DENNISON CORP COM 053611109 2,876 46,438 X 46,438
AVID TECHNOLOGY INC COM 05367P100 461 8,524 X 8,524
AVNET INC COM 053807103 202 10,965 X 10,965
AVOCENT CORP COM 053893103 225 8,765 X 8,765
AVON PRODS INC COM 054303102 22,211 517,257 X 517,257
AZTAR CORP COM 054802103 557 19,500 X 19,500
BB&T CORP COM 054937107 6,444 164,884 X 164,884
BKF CAP GROUP INC COM 05548G102 496 12,400 X 12,400
BJ SVCS CO COM 055482103 5,207 100,373 X 100,373
BOK FINL CORP COM NEW 05561Q201 258 6,331 X 6,331
BP PLC SPONSORED ADR 055622104 6,452 103,400 X 103,400
BMC SOFTWARE INC COM 055921100 2,319 154,618 X 154,618
BAKER HUGHES INC COM 057224107 8,945 201,057 X 201,057
BALL CORP COM 058498106 4,651 112,120 X 112,120
BANK OF AMERICA CORPORATION COM 060505104 129,642 2,939,736 X 2,939,736
BANK HAWAII CORP COM 062540109 3,706 81,881 X 81,881
BANK NEW YORK INC COM 064057102 7,150 246,122 X 246,122
BARD C R INC COM 067383109 12,241 179,799 X 179,799
BARNES & NOBLE INC COM 067774109 994 28,825 X 28,825
BARNES GROUP INC COM 067806109 535 19,700 X 19,700
BARR PHARMACEUTICALS INC COM 068306109 1,809 37,054 X 37,054
BAUSCH & LOMB INC COM 071707103 4,668 63,688 X 63,688
BAXTER INTL INC COM 071813109 10,383 305,575 X 305,575
BEA SYS INC COM 073325102 606 75,996 X 75,996
BEAR STEARNS COS INC COM 073902108 18,525 185,434 X 185,434
BEARINGPOINT INC COM 074002106 113 12,934 X 12,934
BECKMAN COULTER INC COM 075811109 2,818 42,414 X 42,414
BECTON DICKINSON & CO COM 075887109 18,719 320,415 X 320,415
BED BATH & BEYOND INC COM 075896100 6,305 172,557 X 172,557
BELLSOUTH CORP COM 079860102 26,263 998,976 X 998,976
BELO CORP COM SER A 080555105 1,145 47,412 X 47,412
BEMIS INC COM 081437105 2,084 66,970 X 66,970
BERKLEY W R CORP COM 084423102 2,758 55,599 X 55,599
BERKSHIRE HATHAWAY INCDEL CL A 084670108 8,526 98 X 98
BEST BUY INC COM 086516101 13,691 253,498 X 253,498
BIG LOTS INC COM 089302103 491 40,884 X 40,884
BIOMET INC COM 090613100 4,528 124,748 X 124,748
BIOGEN IDEC INC COM 09062X103 4,956 143,612 X 143,612
BLACK & DECKER CORP COM 091797100 4,856 61,472 X 61,472
BLACKROCK INC CL A 09247X101 1,839 24,545 X 24,545
BLDRS INDEX FDS TR EMER MK 50 ADR 09348R300 371 4,379 X 4,379
BLOCK H & R INC COM 093671105 3,618 71,525 X 71,525
BLOCKBUSTER INC CL A 093679108 159 18,047 X 18,047
BOEING CO COM 097023105 35,573 608,499 X 608,499
BORDERS GROUP INC COM 099709107 263 9,886 X 9,886
BORG WARNER INC COM 099724106 4,039 82,980 X 82,980
BOSTON BEER INC CL A 100557107 964 44,000 X 44,000
BOSTON PROPERTIES INC COM 101121101 293 4,871 X 4,871
BOSTON SCIENTIFIC CORP COM 101137107 16,531 564,408 X 564,408
BRIGGS & STRATTON CORP COM 109043109 1,032 28,336 X 28,336
BRINKER INTL INC COM 109641100 705 19,468 X 19,468
BRINKS CO COM 109696104 371 10,737 X 10,737
BRISTOL MYERS SQUIBB CO COM 110122108 28,239 1,109,152 X 1,109,152
3
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
------------------------------ -------------- --------- --------- --------- --- ---- ----------- -------- ------ --------- ---------
BROADCOM CORP CL A 111320107 4,742 158,478 X 158,478
BROWN & BROWN INC COM 115236101 2,598 56,361 X 56,361
BROWN FORMAN CORP CL B 115637209 2,912 53,194 X 53,194
BRUNSWICK CORP COM 117043109 3,140 67,017 X 67,017
BURLINGTON NORTHN SANTA FE C COM 12189T104 15,720 291,497 X 291,497
BURLINGTON RES INC COM 122014103 12,794 255,516 X 255,516
CBL & ASSOC PPTYS INC COM 124830100 204 2,857 X 2,857
C D W CORP COM 12512N105 1,984 34,997 X 34,997
C H ROBINSON WORLDWIDEINC COM 12541W100 1,216 23,605 X 23,605
CIGNA CORP COM 125509109 7,838 87,772 X 87,772
CIT GROUP INC COM 125581108 7,586 199,641 X 199,641
CMS ENERGY CORP COM 125896100 614 47,053 X 47,053
CNF INC COM 12612W104 230 4,907 X 4,907
CSX CORP COM 126408103 3,629 87,121 X 87,121
CVS CORP COM 126650100 17,401 330,698 X 330,698
CABLEVISION SYS CORP CL A NY CABLVS 12686C109 2,051 73,127 X 73,127
CABOT CORP COM 127055101 542 16,200 X 16,200
CADENCE DESIGN SYSTEMINC COM 127387108 551 36,874 X 36,874
CAESARS ENTMT INC COM 127687101 362 18,274 X 18,274
CALPINE CORP COM 131347106 382 136,542 X 136,542
CAMDEN PPTY TR SH BEN INT 133131102 240 5,101 X 5,101
CAMPBELL SOUP CO COM 134429109 3,108 107,097 X 107,097
CAPITAL ONE FINL CORP COM 14040H105 12,358 165,279 X 165,279
CAPITALSOURCE INC COM 14055X102 287 12,480 X 12,480
CARDINAL HEALTH INC COM 14149Y108 14,238 255,163 X 255,163
CAREER EDUCATION CORP COM 141665109 2,659 77,624 X 77,624
CAREMARK RX INC COM 141705103 7,747 194,749 X 194,749
CARLISLE COS INC COM 142339100 272 3,897 X 3,897
CARMAX INC COM 143130102 635 20,162 X 20,162
CARNIVAL CORP PAIRED CTF 143658300 6,519 125,817 X 125,817
CATELLUS DEV CORP NEW COM 149113102 609 22,868 X 22,868
CATERPILLAR INC DEL COM 149123101 21,065 230,375 X 230,375
CELGENE CORP COM 151020104 1,083 31,798 X 31,798
CENDANT CORP COM 151313103 18,093 880,857 X 880,857
CENTERPOINT ENERGY INC COM 15189T107 1,519 126,300 X 126,300
CENTEX CORP COM 152312104 4,803 83,868 X 83,868
CENTURYTEL INC COM 156700106 2,319 70,601 X 70,601
CEPHALON INC COM 156708109 508 10,856 X 10,856
CERIDIAN CORP NEW COM 156779100 685 40,167 X 40,167
CERTEGY INC COM 156880106 427 12,332 X 12,332
CHAMPION ENTERPRISES INC COM 158496109 288 30,600 X 30,600
CHARLES RIV LABS INTLINC COM 159864107 892 18,967 X 18,967
CHECKFREE CORP NEW COM 162813109 567 13,909 X 13,909
CHEESECAKE FACTORY INC COM 163072101 538 15,187 X 15,187
CHESAPEAKE ENERGY CORP COM 165167107 654 29,812 X 29,812
CHEVRONTEXACO CORP COM 166764100 74,883 1,284,230 X 1,284,230
CHICAGO MERCANTILE HLDGS INC CL A 167760107 10,928 56,322 X 56,322
CHICOS FAS INC COM 168615102 3,195 113,066 X 113,066
CHOICE HOTELS INTL INC COM 169905106 2,390 38,581 X 38,581
CHIRON CORP COM 170040109 2,134 60,862 X 60,862
CHOICEPOINT INC COM 170388102 2,725 67,926 X 67,926
CHUBB CORP COM 171232101 7,334 92,515 X 92,515
CHURCH & DWIGHT INC COM 171340102 468 13,201 X 13,201
CIENA CORP COM 171779101 306 178,090 X 178,090
4
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
------------------------------ -------------- --------- --------- --------- --- ---- ----------- -------- ------ --------- ---------
CINCINNATI FINL CORP COM 172062101 2,982 68,386 X 68,386
CINERGY CORP COM 172474108 5,032 124,182 X 124,182
CIRCUIT CITY STORE INC COM 172737108 1,393 86,777 X 86,777
CISCO SYS INC COM 17275R102 90,997 5,086,477 X 5,086,477
CINTAS CORP COM 172908105 3,860 93,451 X 93,451
CITIGROUP INC COM 172967101 158,652 3,530,309 X 3,530,309
CITIZENS COMMUNICATIONS CO COM 17453B101 1,296 100,139 X 100,139
CITRIX SYS INC COM 177376100 1,996 83,778 X 83,778
CITY NATL CORP COM 178566105 1,687 24,167 X 24,167
CLAIRES STORES INC COM 179584107 1,672 72,554 X 72,554
CLARCOR INC COM 179895107 1,252 24,100 X 24,100
CLEAR CHANNEL COMMUNICATIONS COM 184502102 8,119 235,550 X 235,550
CLOROX CO DEL COM 189054109 5,420 86,044 X 86,044
COACH INC COM 189754104 15,009 265,039 X 265,039
COCA COLA CO COM 191216100 70,661 1,695,739 X 1,695,739
COCA COLA ENTERPRISESINC COM 191219104 5,306 258,556 X 258,556
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 5,145 111,370 X 111,370
COLGATE PALMOLIVE CO COM 194162103 13,341 255,723 X 255,723
COLUMBIA SPORTSWEAR CO COM 198516106 689 12,952 X 12,952
COMCAST CORP NEW CL A 20030N101 28,750 851,100 X 851,100
COMCAST CORP NEW CL A SPL 20030N200 1,766 52,800 X 52,800
COMERICA INC COM 200340107 4,604 83,591 X 83,591
COMMERCE BANCORP INC NJ COM 200519106 4,411 135,834 X 135,834
COMMUNITY HEALTH SYS INC NEW COM 203668108 350 10,035 X 10,035
COMPASS BANCSHARES INC COM 20449H109 1,706 37,578 X 37,578
COMPUTER ASSOC INTL INC COM 204912109 10,369 382,638 X 382,638
COMPUTER SCIENCES CORP COM 205363104 6,923 150,996 X 150,996
COMPUWARE CORP COM 205638109 830 115,272 X 115,272
COMVERSE TECHNOLOGY INC COM PAR $0.10 205862402 1,918 76,065 X 76,065
CONAGRA FOODS INC COM 205887102 5,985 221,516 X 221,516
CONEXANT SYSTEMS INC COM 207142100 93 62,201 X 62,201
CONOCOPHILLIPS COM 20825C104 66,729 618,782 X 618,782
CONSOL ENERGY INC COM 20854P109 1,836 39,044 X 39,044
CONSOLIDATED EDISON INC COM 209115104 4,157 98,547 X 98,547
CONSTELLATION BRANDS INC CL A 21036P108 3,827 72,389 X 72,389
CONSTELLATION ENERGY GROUP I COM 210371100 5,581 107,944 X 107,944
CONVERGYS CORP COM 212485106 635 42,501 X 42,501
COOPER CAMERON CORP COM 216640102 344 6,019 X 6,019
COOPER COS INC COM NEW 216648402 568 7,789 X 7,789
COOPER TIRE & RUBR CO COM 216831107 309 16,833 X 16,833
COPART INC COM 217204106 303 12,846 X 12,846
CORINTHIAN COLLEGES INC COM 218868107 275 17,501 X 17,501
CORN PRODS INTL INC COM 219023108 3,233 124,400 X 124,400
CORNING INC COM 219350105 11,211 1,007,313 X 1,007,313
CORPORATE EXECUTIVE BRD CO COM 21988R102 2,503 39,133 X 39,133
COSTCO WHSL CORP NEW COM 22160K105 13,687 309,797 X 309,797
COUNTRYWIDE FINANCIALCORP COM 222372104 19,161 590,286 X 590,286
COVANCE INC COM 222816100 2,417 50,757 X 50,757
COVENTRY HEALTH CARE INC COM 222862104 8,828 129,552 X 129,552
CRANE CO COM 224399105 439 15,249 X 15,249
CREE INC COM 225447101 312 14,353 X 14,353
CROWN CASTLE INTL CORP COM 228227104 480 29,859 X 29,859
CUMMINS INC COM 231021106 5,748 81,710 X 81,710
CURTISS WRIGHT CORP COM 231561101 1,830 32,100 X 32,100
5
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
------------------------------ -------------- --------- --------- --------- --- ---- ----------- -------- ------ --------- ---------
CYPRESS SEMICONDUCTORCORP COM 232806109 302 23,957 X 23,957
CYTYC CORP COM 232946103 1,113 48,366 X 48,366
DPL INC COM 233293109 1,378 55,114 X 55,114
D R HORTON INC COM 23331A109 1,208 41,322 X 41,322
DST SYS INC DEL COM 233326107 4,492 97,275 X 97,275
DTE ENERGY CO COM 233331107 5,798 127,474 X 127,474
DADE BEHRING HLDGS INC COM 23342J206 451 7,654 X 7,654
DANA CORP COM 235811106 1,427 111,610 X 111,610
DANAHER CORP DEL COM 235851102 11,485 215,039 X 215,039
DARDEN RESTAURANTS INC COM 237194105 1,776 57,895 X 57,895
DAVITA INC COM 23918K108 1,777 42,461 X 42,461
DEAN FOODS CO NEW COM 242370104 1,817 52,984 X 52,984
DEERE & CO COM 244199105 10,667 158,905 X 158,905
DEL MONTE FOODS CO COM 24522P103 118 10,870 X 10,870
DELL INC COM 24702R101 87,431 2,275,652 X 2,275,652
DELPHI CORP COM 247126105 728 162,486 X 162,486
DELTA AIR LINES INC DEL COM 247361108 136 33,544 X 33,544
DELUXE CORP COM 248019101 552 13,860 X 13,860
DENTSPLY INTL INC NEW COM 249030107 2,251 41,379 X 41,379
DEVELOPERS DIVERSIFIEDRLTY COM 251591103 2,098 52,784 X 52,784
DEVON ENERGY CORP NEW COM 25179M103 13,697 286,842 X 286,842
DEVRY INC DEL COM 251893103 219 11,562 X 11,562
DIAMOND OFFSHORE DRILLING IN COM 25271C102 459 9,207 X 9,207
DIEBOLD INC COM 253651103 1,086 19,795 X 19,795
DILLARDS INC CL A 254067101 1,484 55,184 X 55,184
DIRECTV GROUP INC COM 25459L106 3,078 213,434 X 213,434
DISNEY WALT CO COM DISNEY 254687106 43,546 1,515,708 X 1,515,708
DOLLAR GEN CORP COM 256669102 4,348 198,438 X 198,438
DOLLAR TREE STORES INC COM 256747106 1,230 42,806 X 42,806
DOMINION RES INC VA NEW COM 25746U109 13,767 184,972 X 184,972
DONALDSON INC COM 257651109 2,785 86,281 X 86,281
DONNELLEY R R & SONS CO COM 257867101 4,062 128,452 X 128,452
DORAL FINL CORP COM 25811P100 510 23,294 X 23,294
DOVER CORP COM 260003108 3,367 89,090 X 89,090
DOW CHEM CO COM 260543103 26,246 526,505 X 526,505
DOW JONES & CO INC COM 260561105 1,178 31,523 X 31,523
DU PONT E I DE NEMOURS& CO COM 263534109 25,826 504,020 X 504,020
DUKE ENERGY CORP COM 264399106 15,394 549,607 X 549,607
DUKE REALTY CORP COM NEW 264411505 254 8,514 X 8,514
DUN & BRADSTREET CORPDEL NE COM 26483E100 3,177 51,704 X 51,704
DUQUESNE LT HLDGS INC COM 266233105 385 21,500 X 21,500
DYNEGY INC NEW CL A 26816Q101 375 95,980 X 95,980
E M C CORP MASS COM 268648102 19,146 1,554,060 X 1,554,060
ENSCO INTL INC COM 26874Q100 942 25,017 X 25,017
ENI S P A SPONSORED ADR 26874R108 2,161 16,600 X 16,600
EOG RES INC COM 26875P101 6,524 133,856 X 133,856
E TRADE FINANCIAL CORP COM 269246104 1,658 138,194 X 138,194
EAGLE MATERIALS INC COM 26969P108 490 6,049 X 6,049
EARTHLINK INC COM 270321102 140 15,500 X 15,500
EASTMAN CHEM CO COM 277432100 2,363 40,050 X 40,050
EASTMAN KODAK CO COM 277461109 2,872 88,245 X 88,245
EATON CORP COM 278058102 7,470 114,213 X 114,213
EATON VANCE CORP COM NON VTG 278265103 689 29,408 X 29,408
EBAY INC COM 278642103 35,321 947,950 X 947,950
6
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
------------------------------ -------------- --------- --------- --------- --- ---- ----------- -------- ------ --------- ---------
ECHOSTAR COMMUNICATIONS NEW CL A 278762109 1,332 45,548 X 45,548
ECOLAB INC COM 278865100 6,397 193,546 X 193,546
EDISON INTL COM 281020107 9,150 263,526 X 263,526
EDUCATION MGMT CORP COM 28139T101 395 14,132 X 14,132
EDWARDS LIFESCIENCES CORP COM 28176E108 521 12,058 X 12,058
EDWARDS AG INC COM 281760108 225 5,024 X 5,024
EL PASO CORP COM 28336L109 2,574 243,333 X 243,333
ELECTRONIC ARTS INC COM 285512109 12,434 240,140 X 240,140
ELECTRONIC DATA SYS NEW COM 285661104 5,108 247,141 X 247,141
EMERSON ELEC CO COM 291011104 14,940 230,100 X 230,100
ENDO PHARMACEUTICALS HLDGS I COM 29264F205 206 9,133 X 9,133
ENERGEN CORP COM 29265N108 2,298 34,500 X 34,500
ENERGY EAST CORP COM 29266M109 1,066 40,670 X 40,670
ENERGIZER HLDGS INC COM 29266R108 696 11,643 X 11,643
ENGELHARD CORP COM 292845104 1,799 59,904 X 59,904
ENGINEERED SUPPORT SYSINC COM 292866100 1,600 29,900 X 29,900
ENTERGY CORP NEW COM 29364G103 12,792 181,036 X 181,036
EON LABS INC COM 29412E100 1,294 42,781 X 42,781
EQUIFAX INC COM 294429105 1,603 52,241 X 52,241
EQUITABLE RES INC COM 294549100 3,212 55,913 X 55,913
EQUITY OFFICE PROPERTIES TRU COM 294741103 5,815 192,999 X 192,999
EQUITY RESIDENTIAL SH BEN INT 29476L107 2,739 85,045 X 85,045
EXELON CORP COM 30161N101 16,368 356,683 X 356,683
EXPEDITORS INTL WASH INC COM 302130109 3,495 65,257 X 65,257
EXPRESS SCRIPTS INC COM 302182100 2,975 34,119 X 34,119
EXXON MOBIL CORP COM 30231G102 240,438 4,034,191 X 4,034,191
FLIR SYS INC COM 302445101 397 13,094 X 13,094
FMC TECHNOLOGIES INC COM 30249U101 1,994 60,087 X 60,087
FPL GROUP INC COM 302571104 8,777 218,608 X 218,608
FACTSET RESH SYS INC COM 303075105 1,248 37,813 X 37,813
FAIR ISAAC CORP COM 303250104 491 14,263 X 14,263
FAIRCHILD SEMICONDUCTOR INTL COM 303726103 245 15,997 X 15,997
FAMILY DLR STORES INC COM 307000109 2,987 98,378 X 98,378
FASTENAL CO COM 311900104 1,934 34,969 X 34,969
FEDERAL HOME LN MTG CORP COM 313400301 26,361 417,099 X 417,099
FEDERAL NATL MTG ASSN COM 313586109 40,157 737,506 X 737,506
FEDERATED DEPT STORESINC DE COM 31410H101 13,095 205,761 X 205,761
FEDERATED INVS INC PA CL B 314211103 1,132 39,987 X 39,987
FEDEX CORP COM 31428X106 20,262 215,665 X 215,665
FIDELITY NATL FINL INC COM 316326107 1,134 34,438 X 34,438
FIFTH THIRD BANCORP COM 316773100 9,937 231,191 X 231,191
FIRST BANCORP P R COM 318672102 1,606 38,000 X 38,000
FIRST DATA CORP COM 319963104 23,009 585,332 X 585,332
FIRST HORIZON NATL CORP COM 320517105 3,996 97,962 X 97,962
FIRST MARBLEHEAD CORP COM 320771108 3,284 57,085 X 57,085
FIRST MIDWEST BANCORPDEL COM 320867104 1,065 32,800 X 32,800
FISERV INC COM 337738108 5,428 136,386 X 136,386
FIRSTENERGY CORP COM 337932107 7,303 174,085 X 174,085
FISHER SCIENTIFIC INTLINC COM NEW 338032204 2,803 49,240 X 49,240
FLORIDA ROCK INDS INC COM 341140101 1,242 21,116 X 21,116
FLUOR CORP NEW COM 343412102 3,734 67,361 X 67,361
FOOT LOCKER INC COM 344849104 1,731 59,094 X 59,094
FORD MTR CO DEL COM PAR $0.01 345370860 10,544 930,630 X 930,630
FOREST LABS INC COM 345838106 8,816 238,582 X 238,582
7
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
------------------------------ -------------- --------- --------- --------- --- ---- ----------- -------- ------ --------- ---------
FORTUNE BRANDS INC COM 349631101 9,336 115,784 X 115,784
FOUNDRY NETWORKS INC COM 35063R100 174 17,608 X 17,608
FRANKLIN RES INC COM 354613101 5,185 75,529 X 75,529
FREEPORT-MCMORAN COPPER & GO CL B 35671D857 3,412 86,139 X 86,139
FREESCALE SEMICONDUCTOR INC CL B 35687M206 3,961 229,646 X 229,646
FREMONT GEN CORP COM 357288109 252 11,444 X 11,444
FRIEDMAN BILLINGS RAMSEY GRO CL A 358434108 507 31,962 X 31,962
GATX CORP COM 361448103 737 22,200 X 22,200
GALLAGHER ARTHUR J & CO COM 363576109 1,643 57,057 X 57,057
GAMESTOP CORP COM CL B 36466R200 235 10,536 X 10,536
GANNETT INC COM 364730101 12,881 162,880 X 162,880
GAP INC DEL COM 364760108 10,065 460,830 X 460,830
GATEWAY INC COM 367626108 288 71,440 X 71,440
GAYLORD ENTMT CO NEW COM 367905106 945 23,400 X 23,400
GEN-PROBE INC NEW COM 36866T103 424 9,509 X 9,509
GEMSTAR-TV GUIDE INTLINC COM 36866W106 120 27,697 X 27,697
GENCORP INC COM 368682100 296 14,800 X 14,800
GENENTECH INC COM NEW 368710406 9,938 175,551 X 175,551
GENERAL DYNAMICS CORP COM 369550108 14,275 133,351 X 133,351
GENERAL ELEC CO COM 369604103 237,720 6,592,340 X 6,592,340
GENERAL GROWTH PPTYS INC COM 370021107 5,730 168,030 X 168,030
GENERAL MLS INC COM 370334104 5,424 110,352 X 110,352
GENERAL MTRS CORP COM 370442105 11,315 385,004 X 385,004
GENTEX CORP COM 371901109 510 15,990 X 15,990
GENUINE PARTS CO COM 372460105 7,687 176,752 X 176,752
GENWORTH FINL INC COM CL A 37247D106 312 11,334 X 11,334
GENZYME CORP COM 372917104 6,227 108,791 X 108,791
GEORGIA PAC CORP COM 373298108 6,330 178,357 X 178,357
GETTY IMAGES INC COM 374276103 3,480 48,939 X 48,939
GILEAD SCIENCES INC COM 375558103 10,756 300,434 X 300,434
GILLETTE CO COM 375766102 34,400 681,465 X 681,465
GLOBAL PMTS INC COM 37940X102 352 5,454 X 5,454
GOLDEN WEST FINL CORPDEL COM 381317106 13,158 217,488 X 217,488
GOLDMAN SACHS GROUP INC COM 38141G104 29,438 267,644 X 267,644
GOODRICH CORP COM 382388106 3,747 97,867 X 97,867
GOODYEAR TIRE & RUBR CO COM 382550101 559 41,851 X 41,851
GOOGLE INC CL A 38259P508 650 3,600 X 3,600
GRACO INC COM 384109104 2,008 49,747 X 49,747
GRAINGER W W INC COM 384802104 5,191 83,358 X 83,358
GRANT PRIDECO INC COM 38821G101 1,032 42,710 X 42,710
GREAT LAKES CHEM CORP COM 390568103 494 15,390 X 15,390
GREAT PLAINS ENERGY INC COM 391164100 1,098 35,905 X 35,905
GREIF INC CL A 397624107 1,147 16,460 X 16,460
GTECH HLDGS CORP COM 400518106 627 26,664 X 26,664
GUIDANT CORP COM 401698105 18,180 246,011 X 246,011
HCA INC COM 404119109 10,945 204,307 X 204,307
HCC INS HLDGS INC COM 404132102 373 10,314 X 10,314
HNI CORP COM 404251100 2,269 50,482 X 50,482
HRPT PPTYS TR COM SH BEN INT 40426W101 127 10,650 X 10,650
HALLIBURTON CO COM 406216101 12,825 296,523 X 296,523
HARLEY DAVIDSON INC COM 412822108 19,945 345,314 X 345,314
HARMAN INTL INDS INC COM 413086109 5,355 60,532 X 60,532
HARRAHS ENTMT INC COM 413619107 2,902 44,933 X 44,933
HARRIS CORP DEL COM 413875105 1,189 36,404 X 36,404
8
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
------------------------------ -------------- --------- --------- --------- --- ---- ----------- -------- ------ --------- ---------
HARSCO CORP COM 415864107 394 6,614 X 6,614
HARTE-HANKS INC COM 416196103 350 12,717 X 12,717
HARTFORD FINL SVCS GROUP INC COM 416515104 16,387 239,021 X 239,021
HASBRO INC COM 418056107 1,004 49,110 X 49,110
HAWAIIAN ELEC INDUSTRIES COM 419870100 318 12,446 X 12,446
HEALTH MGMT ASSOC INCNEW CL A 421933102 2,672 102,050 X 102,050
HEALTH NET INC COM 42222G108 299 9,126 X 9,126
HEINZ H J CO COM 423074103 6,361 172,658 X 172,658
HENRY JACK & ASSOC INC COM 426281101 540 30,004 X 30,004
HERCULES INC COM 427056106 403 27,838 X 27,838
HERSHEY FOODS CORP COM 427866108 5,024 83,098 X 83,098
HEWITT ASSOCS INC COM 42822Q100 207 7,775 X 7,775
HEWLETT PACKARD CO COM 428236103 41,718 1,901,451 X 1,901,451
HIBERNIA CORP CL A 428656102 1,852 57,871 X 57,871
HILLENBRAND INDS INC COM 431573104 427 7,701 X 7,701
HILTON HOTELS CORP COM 432848109 3,561 159,309 X 159,309
HOME DEPOT INC COM 437076102 71,663 1,874,021 X 1,874,021
HONEYWELL INTL INC COM 438516106 17,048 458,149 X 458,149
HORMEL FOODS CORP COM 440452100 1,083 34,806 X 34,806
HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 1,203 29,785 X 29,785
HOSPIRA INC COM 441060100 1,981 61,387 X 61,387
HOST MARRIOTT CORP NEW COM 44107P104 341 20,611 X 20,611
HOVNANIAN ENTERPRISESINC CL A 442487203 285 5,598 X 5,598
HUBBELL INC CL B 443510201 977 19,113 X 19,113
HUDSON CITY BANCORP COM 443683107 3,152 86,244 X 86,244
HUDSON UNITED BANCORP COM 444165104 296 8,394 X 8,394
HUGHES SUPPLY INC COM 444482103 240 8,058 X 8,058
HUMANA INC COM 444859102 1,774 55,537 X 55,537
HUNT J B TRANS SVCS INC COM 445658107 2,139 48,871 X 48,871
HUNTINGTON BANCSHARESINC COM 446150104 1,651 69,088 X 69,088
IDT CORP CL B 448947309 172 11,657 X 11,657
IAC INTERACTIVECORP COM 44919P102 1,027 46,114 X 46,114
IMS HEALTH INC COM 449934108 2,517 103,212 X 103,212
ISTAR FINL INC COM 45031U101 266 6,462 X 6,462
ITT EDUCATIONAL SERVICES INC COM 45068B109 431 8,881 X 8,881
ITT INDS INC IND COM 450911102 11,016 122,077 X 122,077
IDEX CORP COM 45167R104 1,049 26,000 X 26,000
IDEXX LABS INC COM 45168D104 367 6,778 X 6,778
IKON OFFICE SOLUTIONSINC COM 451713101 468 47,298 X 47,298
ILLINOIS TOOL WKS INC COM 452308109 18,658 208,396 X 208,396
IMCLONE SYS INC COM 45245W109 985 28,544 X 28,544
INAMED CORP COM 453235103 2,078 29,734 X 29,734
INDEPENDENCE CMNTY BKCORP COM 453414104 366 9,396 X 9,396
INDYMAC BANCORP INC COM 456607100 257 7,566 X 7,566
INGRAM MICRO INC CL A 457153104 270 16,171 X 16,171
INTEGRATED CIRCUIT SYSINC COM 45811K208 270 14,112 X 14,112
INTEL CORP COM 458140100 121,563 5,233,024 X 5,233,024
INTERNATIONAL BANCSHARES COR COM 459044103 879 25,362 X 25,362
INTERNATIONAL BUSINESSMACHS COM 459200101 97,217 1,063,875 X 1,063,875
INTERNATIONAL FLAVORS&FRAGRA COM 459506101 1,420 35,950 X 35,950
INTERNATIONAL GAME TECHNOLOG COM 459902102 4,985 186,970 X 186,970
INTL PAPER CO COM 460146103 9,318 253,266 X 253,266
INTERNATIONAL RECTIFIER CORP COM 460254105 642 14,116 X 14,116
INTERNATIONAL SPEEDWAYCORP CL A 460335201 3,806 70,164 X 70,164
9
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
------------------------------ -------------- --------- --------- --------- --- ---- ----------- -------- ------ --------- ---------
INTERSIL CORP CL A 46069S109 334 19,292 X 19,292
INTERPUBLIC GROUP COSINC COM 460690100 2,011 163,765 X 163,765
INTUIT COM 461202103 3,698 84,495 X 84,495
INVITROGEN CORP COM 46185R100 2,415 34,898 X 34,898
INVESTORS FINL SERVICES CORP COM 461915100 629 12,855 X 12,855
IRON MTN INC PA COM 462846106 1,994 69,150 X 69,150
ISHARES TR RUSSELL1000VAL 464287598 12,963 196,970 X 196,970
ISHARES TR RUSL 2000 VALU 464287630 4,901 26,600 X 26,600
IVAX CORP COM 465823102 725 36,673 X 36,673
JDS UNIPHASE CORP COM 46612J101 1,048 627,646 X 627,646
JPMORGAN & CHASE & CO COM 46625H100 61,554 1,779,030 X 1,779,030
JABIL CIRCUIT INC COM 466313103 2,188 76,721 X 76,721
JACOBS ENGR GROUP INCDEL COM 469814107 734 14,134 X 14,134
JANUS CAP GROUP INC COM 47102X105 987 70,735 X 70,735
JEFFERSON PILOT CORP COM 475070108 6,124 124,850 X 124,850
JETBLUE AWYS CORP COM 477143101 974 51,134 X 51,134
JOHNSON & JOHNSON COM 478160104 171,665 2,556,067 X 2,556,067
JOHNSON CTLS INC COM 478366107 10,561 189,397 X 189,397
JONES APPAREL GROUP INC COM 480074103 4,906 146,496 X 146,496
JUNIPER NETWORKS INC COM 48203R104 3,315 150,265 X 150,265
KLA-TENCOR CORP COM 482480100 3,912 85,021 X 85,021
KB HOME COM 48666K109 3,065 26,095 X 26,095
KELLOGG CO COM 487836108 7,106 164,224 X 164,224
KERR MCGEE CORP COM 492386107 4,899 62,539 X 62,539
KEYCORP NEW COM 493267108 4,686 144,415 X 144,415
KEYSPAN CORP COM 49337W100 1,889 48,467 X 48,467
KIMBERLY CLARK CORP COM 494368103 20,291 308,701 X 308,701
KIMCO REALTY CORP COM 49446R109 5,148 95,518 X 95,518
KINDER MORGAN INC KANS COM 49455P101 5,109 67,493 X 67,493
KINETIC CONCEPTS INC COM NEW 49460W208 303 5,081 X 5,081
KING PHARMACEUTICALS INC COM 495582108 598 71,950 X 71,950
KNIGHT RIDDER INC COM 499040103 3,283 48,824 X 48,824
KOHLS CORP COM 500255104 7,331 141,990 X 141,990
KRAFT FOODS INC CL A 50075N104 854 25,832 X 25,832
KROGER CO COM 501044101 5,385 335,947 X 335,947
LSI LOGIC CORP COM 502161102 770 137,825 X 137,825
L-3 COMMUNICATIONS HLDGS INC COM 502424104 6,531 91,956 X 91,956
LABORATORY CORP AMER HLDGS COM NEW 50540R409 2,848 59,091 X 59,091
LAFARGE NORTH AMERICAINC COM 505862102 1,006 17,210 X 17,210
LAM RESEARCH CORP COM 512807108 900 31,186 X 31,186
LAMAR ADVERTISING CO CL A 512815101 560 13,907 X 13,907
LANCASTER COLONY CORP COM 513847103 617 14,500 X 14,500
LAUDER ESTEE COS INC CL A 518439104 4,555 101,269 X 101,269
LAUREATE EDUCATION INC COM 518613104 279 6,519 X 6,519
LEAR CORP COM 521865105 3,894 87,786 X 87,786
LEE ENTERPRISES INC COM 523768109 3,698 85,200 X 85,200
LEGGETT & PLATT INC COM 524660107 1,936 67,030 X 67,030
LEGG MASON INC COM 524901105 7,408 94,810 X 94,810
LEHMAN BROS HLDGS INC COM 524908100 16,880 179,272 X 179,272
LENNAR CORP CL A 526057104 1,006 17,747 X 17,747
LEUCADIA NATL CORP COM 527288104 2,577 75,030 X 75,030
LEVEL 3 COMMUNICATIONSINC COM 52729N100 272 131,998 X 131,998
LEXMARK INTL NEW CL A 529771107 9,499 118,787 X 118,787
LIBERTY MEDIA CORP NEW COM SER A 530718105 7,695 742,074 X 742,074
10
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
------------------------------ -------------- --------- --------- --------- --- ---- ----------- -------- ------ --------- ---------
LIBERTY MEDIA INTL INC COM SER A 530719103 2,014 46,054 X 46,054
LIFEPOINT HOSPITALS INC COM 53219L109 1,591 36,300 X 36,300
LILLY ELI & CO COM 532457108 45,196 867,490 X 867,490
LIMITED BRANDS INC COM 532716107 4,363 179,549 X 179,549
LINCARE HLDGS INC COM 532791100 851 19,239 X 19,239
LINCOLN NATL CORP IND COM 534187109 3,088 68,409 X 68,409
LINEAR TECHNOLOGY CORP COM 535678106 9,238 241,140 X 241,140
LIZ CLAIBORNE INC COM 539320101 2,476 61,712 X 61,712
LOCKHEED MARTIN CORP COM 539830109 7,268 119,024 X 119,024
LOEWS CORP COM 540424108 8,760 119,123 X 119,123
LONGS DRUG STORES CORP COM 543162101 890 26,000 X 26,000
LOUISIANA PAC CORP COM 546347105 1,309 52,073 X 52,073
LOWES COS INC COM 548661107 33,749 591,151 X 591,151
LUBRIZOL CORP COM 549271104 788 19,384 X 19,384
LUCENT TECHNOLOGIES INC COM 549463107 6,411 2,331,120 X 2,331,120
LYONDELL CHEMICAL CO COM 552078107 919 32,903 X 32,903
M & T BK CORP COM 55261F104 6,855 67,165 X 67,165
MBIA INC COM 55262C100 4,584 87,682 X 87,682
MBNA CORP COM 55262L100 16,790 683,909 X 683,909
M D C HLDGS INC COM 552676108 807 11,588 X 11,588
MDU RES GROUP INC COM 552690109 714 25,851 X 25,851
MEMC ELECTR MATLS INC COM 552715104 198 14,737 X 14,737
MGIC INVT CORP WIS COM 552848103 4,493 72,851 X 72,851
MGI PHARMA INC COM 552880106 1,712 67,761 X 67,761
MGM MIRAGE COM 552953101 373 5,271 X 5,271
MSC INDL DIRECT INC CL A 553530106 1,973 64,572 X 64,572
MACROMEDIA INC COM 556100105 478 14,282 X 14,282
MANDALAY RESORT GROUP COM 562567107 1,102 15,639 X 15,639
MANOR CARE INC NEW COM 564055101 1,396 38,390 X 38,390
MANPOWER INC COM 56418H100 1,555 35,729 X 35,729
MANULIFE FINL CORP COM 56501R106 1,527 31,874 X 31,874
MARATHON OIL CORP COM 565849106 14,277 304,289 X 304,289
MARKEL CORP COM 570535104 573 1,660 X 1,660
MARSH & MCLENNAN COS INC COM 571748102 8,954 294,352 X 294,352
MARSHALL & ILSLEY CORP COM 571834100 3,251 77,857 X 77,857
MARRIOTT INTL INC NEW CL A 571903202 5,543 82,905 X 82,905
MARTEK BIOSCIENCES CORP COM 572901106 311 5,343 X 5,343
MARVEL ENTERPRISES INC COM 57383M108 276 13,811 X 13,811
MASCO CORP COM 574599106 8,419 242,837 X 242,837
MASSEY ENERGY CORP COM 576206106 236 5,887 X 5,887
MATTEL INC COM 577081102 3,334 156,167 X 156,167
MAXIM INTEGRATED PRODSINC COM 57772K101 11,781 288,265 X 288,265
MAXTOR CORP COM NEW 577729205 152 28,588 X 28,588
MAY DEPT STORES CO COM 577778103 4,021 108,617 X 108,617
MAYTAG CORP COM 578592107 417 29,825 X 29,825
MCAFEE INC COM 579064106 799 35,409 X 35,409
MCCLATCHY CO CL A 579489105 920 12,399 X 12,399
MCCORMICK & CO INC COM NON VTG 579780206 3,131 90,938 X 90,938
MCDONALDS CORP COM 580135101 29,188 937,330 X 937,330
MCGRAW HILL COS INC COM 580645109 8,969 102,793 X 102,793
MCKESSON CORP COM 58155Q103 5,011 132,738 X 132,738
MEADWESTVACO CORP COM 583334107 2,709 85,148 X 85,148
MEDCO HEALTH SOLUTIONSINC COM 58405U102 8,266 166,752 X 166,752
MEDIA GEN INC CL A 584404107 1,731 27,994 X 27,994
11
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
------------------------------ -------------- --------- --------- --------- --- ---- ----------- -------- ------ --------- ---------
MEDICIS PHARMACEUTICALCORP CL A NEW 584690309 427 14,250 X 14,250
MEDIMMUNE INC COM 584699102 2,858 120,039 X 120,039
MEDTRONIC INC COM 585055106 33,807 663,533 X 663,533
MELLON FINL CORP COM 58551A108 4,235 148,389 X 148,389
MERCANTILE BANKSHARESCORP COM 587405101 242 4,767 X 4,767
MERCK & CO INC COM 589331107 56,667 1,750,590 X 1,750,590
MERCURY INTERACTIVE CORP COM 589405109 3,196 67,459 X 67,459
MEREDITH CORP COM 589433101 1,412 30,214 X 30,214
MERRILL LYNCH & CO INC COM 590188108 29,303 517,720 X 517,720
METLIFE INC COM 59156R108 12,505 319,810 X 319,810
METRO GOLDWYN MAYER INC COM 591610100 557 46,593 X 46,593
METTLER TOLEDO INTERNATIONAL COM 592688105 298 6,271 X 6,271
MICHAELS STORES INC COM 594087108 2,392 65,908 X 65,908
MICROSOFT CORP COM 594918104 182,944 7,569,070 X 7,569,070
MICROCHIP TECHNOLOGY INC COM 595017104 1,587 61,012 X 61,012
MICRON TECHNOLOGY INC COM 595112103 2,249 217,491 X 217,491
MILLENNIUM PHARMACEUTICALS I COM 599902103 338 40,108 X 40,108
MILLER HERMAN INC COM 600544100 421 13,988 X 13,988
MILLIPORE CORP COM 601073109 934 21,515 X 21,515
MILLS CORP COM 601148109 334 6,322 X 6,322
MODINE MFG CO COM 607828100 519 17,700 X 17,700
MOHAWK INDS INC COM 608190104 738 8,754 X 8,754
MOLEX INC COM 608554101 1,678 63,650 X 63,650
MOLSON COORS BREWING CO CL B 60871R209 3,371 43,686 X 43,686
MONEYGRAM INTL INC COM 60935Y109 204 10,776 X 10,776
MONSANTO CO NEW COM 61166W101 15,257 236,548 X 236,548
MONSTER WORLDWIDE INC COM 611742107 1,352 48,256 X 48,256
MOODYS CORP COM 615369105 7,166 88,627 X 88,627
MORGAN STANLEY COM NEW 617446448 31,170 544,450 X 544,450
MOTOROLA INC COM 620076109 24,786 1,655,737 X 1,655,737
MURPHY OIL CORP COM 626717102 4,840 49,027 X 49,027
MYLAN LABS INC COM 628530107 2,959 167,003 X 167,003
NBTY INC COM 628782104 264 10,526 X 10,526
NCR CORP NEW COM 62886E108 4,567 135,366 X 135,366
NII HLDGS INC CL B NEW 62913F201 836 14,535 X 14,535
NTL INC DEL COM 62940M104 1,113 17,487 X 17,487
NVR INC COM 62944T105 808 1,029 X 1,029
NATIONAL CITY CORP COM 635405103 18,212 543,642 X 543,642
NATIONAL FUEL GAS CO NJ COM 636180101 225 7,881 X 7,881
NATIONAL HEALTH INVS INC COM 63633D104 1,219 46,930 X 46,930
NATIONAL INSTRS CORP COM 636518102 280 10,353 X 10,353
NATIONAL OILWELL VARCOINC COM 637071101 2,760 59,097 X 59,097
NATIONAL SEMICONDUCTORCORP COM 637640103 5,143 249,531 X 249,531
NATIONWIDE FINL SVCS INC CL A 638612101 946 26,361 X 26,361
NAVISTAR INTL CORP NEW COM 63934E108 925 25,407 X 25,407
NAVTEQ CORP COM 63936L100 282 6,500 X 6,500
NEENAH PAPER INC COM 640079109 211 6,264 X 6,264
NEIMAN MARCUS GROUP INC CL A 640204202 3,852 42,091 X 42,091
NEKTAR THERAPEUTICS COM 640268108 226 16,207 X 16,207
NETBANK INC COM 640933107 136 16,000 X 16,000
NETWORK APPLIANCE INC COM 64120L104 6,993 252,818 X 252,818
NEUROCRINE BIOSCIENCESINC COM 64125C109 267 7,016 X 7,016
NEW YORK CMNTY BANCORPINC COM 649445103 314 17,267 X 17,267
NEW YORK TIMES CO CL A 650111107 2,273 62,133 X 62,133
12
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
------------------------------ -------------- --------- --------- --------- --- ---- ----------- -------- ------ --------- ---------
NEWALLIANCE BANCSHARESINC COM 650203102 246 17,605 X 17,605
NEWELL RUBBERMAID INC COM 651229106 1,874 85,422 X 85,422
NEWFIELD EXPL CO COM 651290108 596 8,027 X 8,027
NEWMONT MINING CORP COM 651639106 9,395 222,374 X 222,374
NEWS CORP CL A 65248E104 15,448 913,021 X 913,021
NEXTEL COMMUNICATIONSINC CL A 65332V103 17,805 626,487 X 626,487
NEXTEL PARTNERS INC CL A 65333F107 791 36,090 X 36,090
NICOR INC COM 654086107 1,428 38,495 X 38,495
NIKE INC CL B 654106103 16,702 200,480 X 200,480
NISOURCE INC COM 65473P105 2,029 89,045 X 89,045
NOKIA CORP SPONSORED ADR 654902204 1,028 66,600 X 66,600
NOBLE ENERGY INC COM 655044105 317 4,657 X 4,657
NORDSTROM INC COM 655664100 4,795 86,587 X 86,587
NORFOLK SOUTHERN CORP COM 655844108 9,438 254,732 X 254,732
NORTEL NETWORKS CORP NEW COM 656568102 1,638 600,000 X 600,000
NORTH FORK BANCORPORATION NY COM 659424105 4,191 151,076 X 151,076
NORTHERN TR CORP COM 665859104 3,045 70,090 X 70,090
NORTHROP GRUMMAN CORP COM 666807102 14,541 269,383 X 269,383
NOVELL INC COM 670006105 984 165,068 X 165,068
NOVELLUS SYS INC COM 670008101 1,495 55,932 X 55,932
NUCOR CORP COM 670346105 5,646 98,088 X 98,088
NVIDIA CORP COM 67066G104 1,709 71,937 X 71,937
OGE ENERGY CORP COM 670837103 961 35,666 X 35,666
OSI PHARMACEUTICALS INC COM 671040103 399 9,640 X 9,640
OCCIDENTAL PETE CORP DEL COM 674599105 32,831 461,305 X 461,305
OFFICEMAX INC DEL COM 67622P101 1,487 44,378 X 44,378
OFFICE DEPOT INC COM 676220106 2,135 96,261 X 96,261
OLD REP INTL CORP COM 680223104 1,590 68,271 X 68,271
OMNICARE INC COM 681904108 1,410 39,779 X 39,779
OMNICOM GROUP INC COM 681919106 14,744 166,561 X 166,561
ORACLE CORP COM 68389X105 39,989 3,204,238 X 3,204,238
O REILLY AUTOMOTIVE INC COM 686091109 1,818 36,707 X 36,707
OSHKOSH TRUCK CORP COM 688239201 535 6,526 X 6,526
OUTBACK STEAKHOUSE INC COM 689899102 3,008 65,700 X 65,700
OVERSEAS SHIPHOLDING GROUP I COM 690368105 2,686 42,700 X 42,700
PG&E CORP COM 69331C108 9,472 277,776 X 277,776
PHH CORP COM NEW 693320202 697 31,876 X 31,876
PMC-SIERRA INC COM 69344F106 681 77,359 X 77,359
PMI GROUP INC COM 69344M101 2,563 67,430 X 67,430
PNC FINL SVCS GROUP INC COM 693475105 5,042 97,941 X 97,941
PPG INDS INC COM 693506107 6,307 88,182 X 88,182
PPL CORP COM 69351T106 5,828 107,951 X 107,951
PACCAR INC COM 693718108 6,781 93,673 X 93,673
PACIFIC SUNWEAR CALIFINC COM 694873100 774 27,666 X 27,666
PACIFICARE HEALTH SYSDEL COM 695112102 698 12,260 X 12,260
PACTIV CORP COM 695257105 1,725 73,862 X 73,862
PALL CORP COM 696429307 1,073 39,564 X 39,564
PARAMETRIC TECHNOLOGYCORP COM 699173100 362 64,761 X 64,761
PARKER HANNIFIN CORP COM 701094104 2,910 47,774 X 47,774
PATINA OIL & GAS CORP COM 703224105 975 24,382 X 24,382
PATTERSON COMPANIES INC COM 703395103 4,284 85,756 X 85,756
PATTERSON UTI ENERGY INC COM 703481101 1,837 73,416 X 73,416
PAYCHEX INC COM 704326107 7,721 235,260 X 235,260
PEABODY ENERGY CORP COM 704549104 1,261 27,196 X 27,196
13
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
------------------------------ -------------- --------- --------- --------- --- ---- ----------- -------- ------ --------- ---------
PENNEY J C INC COM 708160106 7,188 138,438 X 138,438
PENTAIR INC COM 709631105 1,217 31,199 X 31,199
PEOPLES ENERGY CORP COM 711030106 901 21,496 X 21,496
PEPCO HOLDINGS INC COM 713291102 234 11,155 X 11,155
PEPSI BOTTLING GROUP INC COM 713409100 3,346 120,132 X 120,132
PEPSICO INC COM 713448108 63,729 1,201,754 X 1,201,754
PERKINELMER INC COM 714046109 1,864 90,351 X 90,351
PETCO ANIMAL SUPPLIES COM NEW 716016209 292 7,940 X 7,940
PETSMART INC COM 716768106 807 28,055 X 28,055
PFIZER INC COM 717081103 155,465 5,917,971 X 5,917,971
PHARMACEUTICAL PROD DEV INC COM 717124101 447 9,226 X 9,226
PHELPS DODGE CORP COM 717265102 5,227 51,378 X 51,378
PIER 1 IMPORTS INC COM 720279108 193 10,565 X 10,565
PILGRIMS PRIDE CORP COM 721467108 1,185 33,173 X 33,173
PINNACLE WEST CAP CORP COM 723484101 7,021 165,166 X 165,166
PIONEER NAT RES CO COM 723787107 536 12,544 X 12,544
PITNEY BOWES INC COM 724479100 6,237 138,240 X 138,240
PIXAR COM 725811103 3,218 32,991 X 32,991
PLANTRONICS INC NEW COM 727493108 1,088 28,578 X 28,578
PLUM CREEK TIMBER CO INC COM 729251108 1,966 55,078 X 55,078
POGO PRODUCING CO COM 730448107 702 14,260 X 14,260
POLARIS INDS INC COM 731068102 1,924 27,401 X 27,401
POLO RALPH LAUREN CORP CL A 731572103 2,079 53,593 X 53,593
POLYCOM INC COM 73172K104 249 14,666 X 14,666
POPULAR INC COM 733174106 1,727 70,992 X 70,992
PRAXAIR INC COM 74005P104 8,719 182,172 X 182,172
PRECISION CASTPARTS CORP COM 740189105 6,459 83,873 X 83,873
PRICE T ROWE GROUP INC COM 74144T108 3,902 65,710 X 65,710
PRIDE INTL INC DEL COM 74153Q102 353 14,194 X 14,194
PRINCIPAL FINANCIAL GROUP IN COM 74251V102 3,795 98,595 X 98,595
PROCTER & GAMBLE CO COM 742718109 112,232 2,117,585 X 2,117,585
PROGRESS ENERGY INC COM 743263105 3,319 79,127 X 79,127
PROGRESSIVE CORP OHIO COM 743315103 8,256 89,976 X 89,976
PROLOGIS SH BEN INT 743410102 2,062 55,592 X 55,592
PROTECTIVE LIFE CORP COM 743674103 3,274 83,308 X 83,308
PROVIDIAN FINL CORP COM 74406A102 1,692 98,614 X 98,614
PRUDENTIAL FINL INC COM 744320102 13,930 242,687 X 242,687
PUBLIC SVC ENTERPRISEGROUP COM 744573106 5,318 97,782 X 97,782
PUBLIC STORAGE INC COM 74460D109 275 4,834 X 4,834
PULTE HOMES INC COM 745867101 8,195 111,302 X 111,302
QLOGIC CORP COM 747277101 1,945 48,029 X 48,029
QUALCOMM INC COM 747525103 54,281 1,481,728 X 1,481,728
QUEST DIAGNOSTICS INC COM 74834L100 4,091 38,915 X 38,915
QUESTAR CORP COM 748356102 4,624 78,044 X 78,044
QWEST COMMUNICATIONS INTL IN COM 749121109 2,246 607,149 X 607,149
RADIAN GROUP INC COM 750236101 4,058 85,010 X 85,010
RADIO ONE INC CL D NON VTG 75040P405 150 10,159 X 10,159
RADIOSHACK CORP COM 750438103 1,812 73,958 X 73,958
RAMBUS INC DEL COM 750917106 253 16,776 X 16,776
RAYONIER INC COM 754907103 863 17,416 X 17,416
RAYTHEON CO COM NEW 755111507 6,273 162,096 X 162,096
REALTY INCOME CORP COM 756109104 796 34,800 X 34,800
RED HAT INC COM 756577102 820 75,120 X 75,120
REEBOK INTL LTD COM 758110100 830 18,743 X 18,743
14
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
------------------------------ -------------- --------- --------- --------- --- ---- ----------- -------- ------ --------- ---------
REGENCY CTRS CORP COM 758849103 456 9,578 X 9,578
REGIS CORP MINN COM 758932107 1,048 25,594 X 25,594
REGIONS FINANCIAL CORPNEW COM 7591EP100 6,589 203,351 X 203,351
REINSURANCE GROUP AMERINC COM 759351109 238 5,588 X 5,588
RELIANT ENERGY INC COM 75952B105 201 17,635 X 17,635
RENAL CARE GROUP INC COM 759930100 2,174 57,295 X 57,295
RENT A CTR INC NEW COM 76009N100 261 9,574 X 9,574
REPUBLIC SVCS INC COM 760759100 2,043 61,014 X 61,014
RESMED INC COM 761152107 371 6,586 X 6,586
RESPIRONICS INC COM 761230101 964 16,549 X 16,549
REYNOLDS & REYNOLDS CO CL A 761695105 2,600 96,071 X 96,071
REYNOLDS AMERICAN INC COM 761713106 5,243 65,063 X 65,063
RITE AID CORP COM 767754104 307 77,622 X 77,622
ROBERT HALF INTL INC COM 770323103 2,942 109,137 X 109,137
ROCKWELL AUTOMATION INC COM 773903109 7,125 125,792 X 125,792
ROCKWELL COLLINS INC COM 774341101 3,992 83,878 X 83,878
ROHM & HAAS CO COM 775371107 3,450 71,882 X 71,882
ROPER INDS INC NEW COM 776696106 502 7,670 X 7,670
ROSS STORES INC COM 778296103 2,252 77,268 X 77,268
ROWAN COS INC COM 779382100 1,534 51,242 X 51,242
RUBY TUESDAY INC COM 781182100 312 12,851 X 12,851
RYDER SYS INC COM 783549108 1,075 25,772 X 25,772
RYLAND GROUP INC COM 783764103 243 3,916 X 3,916
SBC COMMUNICATIONS INC COM 78387G103 45,896 1,937,362 X 1,937,362
SEI INVESTMENTS CO COM 784117103 528 14,607 X 14,607
SLM CORP COM 78442P106 11,122 223,154 X 223,154
SPX CORP COM 784635104 229 5,295 X 5,295
SABRE HLDGS CORP CL A 785905100 1,136 51,919 X 51,919
SAFECO CORP COM 786429100 1,980 40,647 X 40,647
SAFEWAY INC COM NEW 786514208 4,422 238,661 X 238,661
ST JOE CO COM 790148100 2,577 38,289 X 38,289
ST JUDE MED INC COM 790849103 13,814 383,726 X 383,726
ST PAUL TRAVELERS INC COM 792860108 10,273 279,692 X 279,692
SANDISK CORP COM 80004C101 2,485 89,375 X 89,375
SANMINA SCI CORP COM 800907107 1,390 266,316 X 266,316
SAP AKTIENGESELLSCHAFT SPONSORED ADR 803054204 782 19,500 X 19,500
SARA LEE CORP COM 803111103 13,129 592,482 X 592,482
SCANA CORP NEW COM 80589M102 2,695 70,524 X 70,524
SCHEIN HENRY INC COM 806407102 928 25,890 X 25,890
SCHERING PLOUGH CORP COM 806605101 17,217 948,615 X 948,615
SCHLUMBERGER LTD COM 806857108 9,963 141,362 X 141,362
SCHWAB CHARLES CORP NEW COM 808513105 5,933 564,478 X 564,478
SCIENTIFIC ATLANTA INC COM 808655104 4,791 169,761 X 169,761
SCOTTISH PWR PLC SPON ADR FINAL 81013T705 1,660 53,200 X 53,200
SCRIPPS E W CO OHIO CL A 811054204 6,893 141,400 X 141,400
SEALED AIR CORP NEW COM 81211K100 2,479 47,726 X 47,726
SEARS ROEBUCK & CO COM 812387108 8,515 170,161 X 170,161
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 205 6,800 X 6,800
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 2,383 82,700 X 82,700
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 2,081 90,400 X 90,400
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 1,993 60,000 X 60,000
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 4,179 147,200 X 147,200
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 4,297 141,200 X 141,200
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 735 25,200 X 25,200
15
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
------------------------------ -------------- --------- --------- --------- --- ---- ----------- -------- ------ --------- ---------
SEMTECH CORP COM 816850101 1,000 55,977 X 55,977
SEMPRA ENERGY COM 816851109 5,865 147,211 X 147,211
SEPRACOR INC COM 817315104 3,320 57,838 X 57,838
SERVICE CORP INTL COM 817565104 150 20,110 X 20,110
SERVICEMASTER CO COM 81760N109 546 40,417 X 40,417
SHERWIN WILLIAMS CO COM 824348106 9,669 219,795 X 219,795
SIEBEL SYS INC COM 826170102 1,762 193,005 X 193,005
SIGMA ALDRICH CORP COM 826552101 4,326 70,631 X 70,631
SILICON LABORATORIES INC COM 826919102 212 7,120 X 7,120
SIMON PPTY GROUP INC NEW COM 828806109 6,158 101,656 X 101,656
SIMON PPTY GROUP INC NEW PFD CONV I 6% 828806802 236 4,254 X 4,254
SIRIUS SATELLITE RADIOINC COM 82966U103 413 73,546 X 73,546
SKY FINL GROUP INC COM 83080P103 206 7,683 X 7,683
SMITH & NEPHEW PLC SPDN ADR NEW 83175M205 734 15,600 X 15,600
SMITH INTL INC COM 832110100 3,242 51,675 X 51,675
SMITHFIELD FOODS INC COM 832248108 1,303 41,308 X 41,308
SMUCKER J M CO COM NEW 832696405 254 5,058 X 5,058
SMURFIT-STONE CONTAINER CORP COM 832727101 232 15,008 X 15,008
SNAP ON INC COM 833034101 557 17,522 X 17,522
SOLECTRON CORP COM 834182107 1,435 413,550 X 413,550
SONOCO PRODS CO COM 835495102 622 21,559 X 21,559
SOUTHERN CO COM 842587107 10,223 321,163 X 321,163
SOUTHWEST AIRLS CO COM 844741108 4,445 312,142 X 312,142
SOVEREIGN BANCORP INC COM 845905108 2,471 111,519 X 111,519
SPECTRASITE INC COM 84761M104 440 7,596 X 7,596
SPRINT CORP COM FON 852061100 18,182 799,202 X 799,202
STANLEY WKS COM 854616109 3,999 88,331 X 88,331
STAPLES INC COM 855030102 6,751 214,782 X 214,782
STARBUCKS CORP COM 855244109 15,671 303,353 X 303,353
STARWOOD HOTELS&RESORTS WRLD PAIRED CTF 85590A203 10,629 177,067 X 177,067
STATE STR CORP COM 857477103 5,336 122,051 X 122,051
STATION CASINOS INC COM 857689103 2,728 40,383 X 40,383
STERICYCLE INC COM 858912108 1,534 34,702 X 34,702
STORAGE TECHNOLOGY CORP COM PAR $0.10 862111200 291 9,438 X 9,438
STRYKER CORP COM 863667101 11,766 263,761 X 263,761
STUDENT LN CORP COM 863902102 801 3,831 X 3,831
SUN MICROSYSTEMS INC COM 866810104 6,059 1,499,745 X 1,499,745
SUNGARD DATA SYS INC COM 867363103 4,321 125,246 X 125,246
SUNOCO INC COM 86764P109 6,685 64,576 X 64,576
SUNTRUST BKS INC COM 867914103 11,148 154,682 X 154,682
SUPERVALU INC COM 868536103 3,624 108,674 X 108,674
SYMANTEC CORP COM 871503108 11,026 516,946 X 516,946
SYMBOL TECHNOLOGIES INC COM 871508107 1,498 103,385 X 103,385
SYNOPSYS INC COM 871607107 1,344 74,245 X 74,245
SYNOVUS FINL CORP COM 87161C105 3,370 120,980 X 120,980
SYSCO CORP COM 871829107 19,464 543,700 X 543,700
TCF FINL CORP COM 872275102 2,589 95,350 X 95,350
TD BANKNORTH INC COM 87235A101 1,166 37,326 X 37,326
TECO ENERGY INC COM 872375100 1,002 63,903 X 63,903
TJX COS INC NEW COM 872540109 6,690 271,621 X 271,621
TXU CORP COM 873168108 11,656 146,372 X 146,372
TARGET CORP COM 87612E106 42,482 849,305 X 849,305
TECH DATA CORP COM 878237106 1,117 30,152 X 30,152
TEKTRONIX INC COM 879131100 911 37,125 X 37,125
16
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
------------------------------ -------------- --------- --------- --------- --- ---- ----------- -------- ------ --------- ---------
TELECOM HLDRS TR DEPOSITRY RCPT 87927P200 717 26,700 X 26,700
TELEPHONE & DATA SYS INC COM 879433100 1,741 21,341 X 21,341
TELLABS INC COM 879664100 1,189 162,863 X 162,863
TEMPLE INLAND INC COM 879868107 2,088 28,775 X 28,775
TENET HEALTHCARE CORP COM 88033G100 1,608 139,430 X 139,430
TERADYNE INC COM 880770102 1,228 84,113 X 84,113
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 308 9,924 X 9,924
TEXAS INSTRS INC COM 882508104 29,698 1,165,074 X 1,165,074
TEXTRON INC COM 883203101 4,880 65,404 X 65,404
THERMO ELECTRON CORP COM 883556102 1,867 73,808 X 73,808
THOMAS & BETTS CORP COM 884315102 1,360 42,100 X 42,100
3COM CORP COM 885535104 82 23,168 X 23,168
3M CO COM 88579Y101 52,132 608,378 X 608,378
TIBCO SOFTWARE INC COM 88632Q103 262 35,204 X 35,204
TIDEWATER INC COM 886423102 304 7,822 X 7,822
TIFFANY & CO NEW COM 886547108 2,189 63,415 X 63,415
TIMBERLAND CO CL A 887100105 1,171 16,508 X 16,508
TIME WARNER INC COM 887317105 55,601 3,168,173 X 3,168,173
TIMKEN CO COM 887389104 241 8,832 X 8,832
TOLL BROTHERS INC COM 889478103 456 5,784 X 5,784
TORCHMARK CORP COM 891027104 11,090 212,451 X 212,451
TORO CO COM 891092108 4,372 49,400 X 49,400
TORONTO DOMINION BK ONT COM NEW 891160509 637 15,415 X 15,415
TOTAL SYS SVCS INC COM 891906109 275 10,997 X 10,997
TOYS R US INC COM 892335100 1,653 64,154 X 64,154
TRIAD HOSPITALS INC COM 89579K109 1,561 31,163 X 31,163
TRIBUNE CO NEW COM 896047107 5,787 145,137 X 145,137
TYCO INTL LTD NEW COM 902124106 34,475 1,019,976 X 1,019,976
TYSON FOODS INC CL A 902494103 2,211 132,547 X 132,547
UCBH HOLDINGS INC COM 90262T308 358 8,964 X 8,964
UST INC COM 902911106 4,176 80,775 X 80,775
US BANCORP DEL COM NEW 902973304 27,705 961,327 X 961,327
UNION PAC CORP COM 907818108 9,211 132,157 X 132,157
UNIONBANCAL CORP COM 908906100 4,688 76,534 X 76,534
UNISYS CORP COM 909214108 749 106,098 X 106,098
UNITED DEFENSE INDS INC COM 91018B104 594 8,094 X 8,094
UNITED PARCEL SERVICEINC CL B 911312106 44,809 616,018 X 616,018
UNITED STATES STL CORPNEW COM 912909108 2,630 51,719 X 51,719
UNITED TECHNOLOGIES CORP COM 913017109 36,849 362,477 X 362,477
UNITEDHEALTH GROUP INC COM 91324P102 47,514 498,156 X 498,156
UNITEDGLOBALCOM CL A 913247508 543 57,375 X 57,375
UNITRIN INC COM 913275103 255 5,610 X 5,610
UNIVERSAL HLTH SVCS INC CL B 913903100 628 11,992 X 11,992
UNIVISION COMMUNICATIONS INC CL A 914906102 2,823 101,941 X 101,941
UNOCAL CORP COM 915289102 5,094 82,573 X 82,573
UNUMPROVIDENT CORP COM 91529Y106 2,806 164,869 X 164,869
URBAN OUTFITTERS INC COM 917047102 3,735 77,866 X 77,866
UTSTARCOM INC COM 918076100 598 54,621 X 54,621
VCA ANTECH INC COM 918194101 1,273 62,944 X 62,944
V F CORP COM 918204108 4,717 79,763 X 79,763
VALERO ENERGY CORP NEW COM 91913Y100 17,225 235,086 X 235,086
VALSPAR CORP COM 920355104 1,018 21,863 X 21,863
VARIAN MED SYS INC COM 92220P105 911 26,568 X 26,568
VENTAS INC COM 92276F100 915 36,640 X 36,640
17
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
------------------------------ -------------- --------- --------- --------- --- ---- ----------- -------- ------ --------- ---------
VERISIGN INC COM 92343E102 1,088 37,917 X 37,917
VERIZON COMMUNICATIONS COM 92343V104 67,425 1,899,303 X 1,899,303
VERITAS SOFTWARE CO COM 923436109 6,088 262,202 X 262,202
VIACOM INC CL A 925524100 319 9,100 X 9,100
VIACOM INC CL B 925524308 29,463 845,913 X 845,913
VISHAY INTERTECHNOLOGYINC COM 928298108 166 13,384 X 13,384
VISTEON CORP COM 92839U107 177 30,972 X 30,972
VORNADO RLTY TR SH BEN INT 929042109 391 5,644 X 5,644
VULCAN MATLS CO COM 929160109 2,784 48,985 X 48,985
W HLDG CO INC COM 929251106 155 15,421 X 15,421
WPS RESOURCES CORP COM 92931B106 1,156 21,846 X 21,846
WACHOVIA CORP 2ND NEW COM 929903102 66,266 1,301,629 X 1,301,629
WADDELL & REED FINL INC CL A 930059100 341 17,291 X 17,291
WAL MART STORES INC COM 931142103 124,170 2,477,944 X 2,477,944
WALGREEN CO COM 931422109 24,933 561,293 X 561,293
WASHINGTON MUT INC COM 939322103 24,469 619,479 X 619,479
WASHINGTON POST CO CL B 939640108 4,785 5,352 X 5,352
WASTE MGMT INC DEL COM 94106L109 11,510 398,976 X 398,976
WATERS CORP COM 941848103 3,767 105,252 X 105,252
WATSON PHARMACEUTICALSINC COM 942683103 1,204 39,172 X 39,172
WATTS WATER TECHNOLOGIES INC CL A 942749102 843 25,850 X 25,850
WEBMD CORP COM 94769M105 373 43,906 X 43,906
WEIGHT WATCHERS INTL INC NEW COM 948626106 496 11,545 X 11,545
WEINGARTEN RLTY INVS SH BEN INT 948741103 632 18,315 X 18,315
WELLPOINT INC COM 94973V107 22,140 176,623 X 176,623
18
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
------------------------------ -------------- --------- --------- --------- --- ---- ----------- -------- ------ --------- ---------
WELLS FARGO & CO NEW COM 949746101 56,937 952,132 X 952,132
WENDYS INTL INC COM 950590109 2,757 70,620 X 70,620
WEST CORP COM 952355105 1,486 46,431 X 46,431
WESTAR ENERGY INC COM 95709T100 393 18,144 X 18,144
WESTAMERICA BANCORPORATION COM 957090103 802 15,500 X 15,500
WESTERN DIGITAL CORP COM 958102105 257 20,158 X 20,158
WESTERN GAS RES INC COM 958259103 1,349 39,170 X 39,170
WESTERN WIRELESS CORP CL A 95988E204 2,182 57,477 X 57,477
WESTWOOD ONE INC COM 961815107 298 14,648 X 14,648
WEYERHAEUSER CO COM 962166104 6,952 101,485 X 101,485
WHIRLPOOL CORP COM 963320106 3,117 46,024 X 46,024
WHITNEY HLDG CORP COM 966612103 2,508 56,348 X 56,348
WHOLE FOODS MKT INC COM 966837106 6,123 59,957 X 59,957
WILEY JOHN & SONS INC CL A 968223206 1,278 36,268 X 36,268
WILLIAMS COS INC DEL COM 969457100 3,182 169,168 X 169,168
WILLIAMS SONOMA INC COM 969904101 700 19,058 X 19,058
WILMINGTON TRUST CORP COM 971807102 1,191 33,939 X 33,939
WISCONSIN ENERGY CORP COM 976657106 365 10,286 X 10,286
WOLVERINE WORLD WIDE INC COM 978097103 752 35,100 X 35,100
WORTHINGTON INDS INC COM 981811102 545 28,266 X 28,266
WRIGLEY WM JR CO COM 982526105 7,819 119,254 X 119,254
WYETH COM 983024100 28,159 667,603 X 667,603
WYNN RESORTS LTD COM 983134107 2,869 42,351 X 42,351
XM SATELLITE RADIO HLDGS INC CL A 983759101 3,891 123,005 X 123,005
XTO ENERGY INC COM 98385X106 8,562 260,709 X 260,709
XCEL ENERGY INC COM 98389B100 2,293 133,462 X 133,462
XILINX INC COM 983919101 4,553 155,778 X 155,778
XEROX CORP COM 984121103 6,334 418,075 X 418,075
YAHOO INC COM 984332106 33,092 976,172 X 976,172
YELLOW ROADWAY CORP COM 985577105 789 13,476 X 13,476
YUM BRANDS INC COM 988498101 9,544 184,221 X 184,221
ZEBRA TECHNOLOGIES CORP CL A 989207105 3,741 78,781 X 78,781
ZIMMER HLDGS INC COM 98956P102 20,499 263,448 X 263,448
ZIONS BANCORPORATION COM 989701107 3,075 44,553 X 44,553
TOTAL 7,671,920
19