UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30,
2001
Check here if Amendment [ ]; Amendment Number: _________
This Amendment (Check only one): [ ] is a restatement
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Intel Corporation
2200 Mission College Boulevard
Santa Clara, CA 95052-8119
Form 13F File Number: 28-5160
Person Signing this Report on Behalf of Reporting Manager:
Arvind Sodhani, Vice President and Treasurer (408) 765-1240
---------------------------------------------------------------
ATTENTION--Intentional misstatements or omissions of facts
constitute Federal Criminal Violations. See 18 U.S.C. 1001 and
15 U.S.C. 78ff(a)
---------------------------------------------------------------
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.
Signature, Place and Date of Signing:
/S/Arvind Sodhani Santa Clara, California November 14, 2001
-------------------
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 manager(s).)
Form 13F SUMMARY PAGE
REPORTING MANAGER: INTEL CORPORATION
Report Summary:
Number of Other Included Managers: -3-
Form 13F Information Table Entry Total: 535
Form 13F Information Table Value Total: $3,112,322
*Confidential Treatment Requested: Confidential information has
been omitted from this Form 13F and filed separately with the
Commission.
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.
1. MORGAN STANLEY DEAN WITTER & CO., File No: 28-3432
2. HEWLETT PACKARD & CO. INC., File No: 28-2187
3. INTEL PACIFIC, INC., File No: Not yet assigned
Note: items marked with "**" on Information Table reflect shares
held in the Intel 64 Fund LLC, with Manager 1's and Manager 2's
indirect pro rata interest reported separately. All fund
investors participating in this investment (including Manager 1,
Manager 2 and the Reporting Person) share investment discretion
and voting authority over the combined shares shown as Shared-
Other. Manager 1 and Manager 2 have informed the Reporting Person
that they are required to file Forms 13F for fund holdings. The
remaining fund investors have informed the reporting person that
they are not separately required to file reports on Form 13F.
9/30/01
FORM 13F INFORMATION TABLE
REPORTING MANAGER: INTEL CORPORATION
ITEM 4: ITEM 5:
FAIR SHARES ITEM 8:
ITEM 2: ITEM 3: MARKET OR ITEM 6: VOTING AUTHORITY
ITEM 1: TITLE OF CUSIP VALUE PRINCIPAL SH INVESTMENT ITEM 7: (A) (B) (C)
/
NAME OF ISSUER CLASS NUMBER (000) AMOUNT PR DISCRETION MANAGERS SOLE SHARED NONE
N
>
ABBOTT LABS COM 002824100 25,019 482,534 SH SOLE 482,534
ADC TELECOMMUNICATIONS INC COM 000886101 850 243,500 SH SOLE 243,500
ADOBE SYS INC COM 00724F101 1,789 74,600 SH SOLE 74,600
ADVANCED MICRO DEVICES INC COM 007903107 873 107,158 SH SOLE 107,158
AES CORP COM 00130H105 2,126 165,800 SH SOLE 165,800
AETNA INC NEW COM 00817Y108 1,281 44,345 SH SOLE 44,345
AFLAC INC COM 001055102 4,423 163,800 SH SOLE 163,800
AGILENT TECHNOLOGIES INC COM 00846U101 2,782 142,323 SH SOLE 142,323
AIR PRODS & CHEMS INC COM 009158106 2,739 71,000 SH SOLE 71,000
ALBERTO CULVER CO CL B CONV 013068101 684 17,600 SH SOLE 17,600
ALBERTSONS INC COM 013104104 4,021 126,141 SH SOLE 126,141
ALCAN INC COM 013716105 2,983 99,449 SH SOLE 99,449
ALCOA INC COM 013817101 8,338 268,892 SH SOLE 268,892
ALLEGHENY ENERGY INC COM 017361106 1,424 38,800 SH SOLE 38,800
ALLEGHENY TECHNOLOGIES INC COM 01741R102 333 24,964 SH SOLE 24,964
ALLERGAN INC COM 018490102 2,718 41,000 SH SOLE 41,000
ALLIED WASTE INDS INC NEW COM 019589308 784 61,500 SH SOLE 61,500
ALLSTATE CORP COM PAR 020002101 8,428 225,660 SH SOLE 225,660
$.01 NEW
ALLTEL CORP COM 020039103 5,650 97,500 SH SOLE 97,500
Fair Market Value 77,245
ALTERA CORP COM 021441100 1,986 120,500 SH SOLE 120,500
AMBAC FINANCIAL GROUP INC COM 023139108 1,805 33,000 SH SOLE 33,000
AMERADA HESS CORP COM 023551104 1,765 27,800 SH SOLE 27,800
AMEREN CORP COM 023608102 1,638 42,650 SH SOLE 42,650
AMERICAN ELEC PWR INC COM 025537101 4,337 100,332 SH SOLE 100,332
AMERICAN EXPRESS CO COM 025816109 11,978 412,184 SH SOLE 412,184
AMERICAN GREETINGS CORP CL A 026375105 263 19,845 SH SOLE 19,845
AMERICAN HOME PRODS CORP COM 026609107 23,850 409,436 SH SOLE 409,436
AMERICAN INTL GROUP INC COM 026874107 63,672 816,306 SH SOLE 816,306
AMERICAN PWR CONVERSION CORP COM 029066107 710 60,800 SH SOLE 60,800
AMERICAN TOWER CORP CL A 029912201 205 14,743 SH SOLE 14,743
AMGEN INC COM 031162100 19,091 324,900 SH SOLE 324,900
AMR CORP COM 001765106 917 47,900 SH SOLE 47,900
AMSOUTH BANCORPORATION COM 032165102 2,085 115,400 SH SOLE 115,400
ANADARKO PETE CORP COM 032511107 3,754 78,076 SH SOLE 78,076
ANALOG DEVICES INC COM 032654105 3,669 112,200 SH SOLE 112,200
ANDREW CORP COM 034425108 462 25,425 SH SOLE 25,425
ANHEUSER BUSCH COS INC COM 035229103 11,710 279,600 SH SOLE 279,600
AOL TIME WARNER INC COM 00184A105 45,689 1,380,346 SH SOLE 1,380,346
AON CORP COM 037389103 3,427 81,590 SH SOLE 81,590
APACHE CORP COM 037411105 1,681 39,100 SH SOLE 39,100
APPLE COMPUTER INC COM 037833100 1,687 108,800 SH SOLE 108,800
APPLERA CORP COM 038020103 1,606 65,800 SH SOLE 65,800
APPLIED MATLS INC COM 038222105 7,204 253,300 SH SOLE 253,300
APPLIED MICRO CIRCUITS CORP COM 03822W109 655 93,700 SH SOLE 93,700
ARCHER DANIELS MIDLAND CO COM 039483102 2,603 206,736 SH SOLE 206,736
ASHLAND INC COM 044204105 837 21,700 SH SOLE 21,700
ASIACONTENT.COM LTD SHS CL A G05354116 505 561,134 SH DEFINED 561,134
NEW
ASIAINFO HOLDINGS INC COM 04518A104 8,085 680,000 SH DEFINED 680,000
AT&T CORP COM 001957109 20,747 1,074,972 SH SOLE 1,074,972
AT&T WIRELESS SVCS INC COM 00209A106 11,776 788,243 SH SOLE 788,243
AUTODESK INC COM 052769106 542 16,900 SH SOLE 16,900
AUTOMATIC DATA PROCESSING INC COM 053015103 9,145 194,402 SH SOLE 194,402
AUTOZONE INC COM 053332102 1,805 34,800 SH SOLE 34,800
FAIR MARKET VALUE 271,891
AVAYA INC COM 053499109 875 88,336 SH SOLE 88,336
AVERY DENNISON CORP COM 053611109 1,627 34,400 SH SOLE 34,400
AVON PRODS INC COM 054303102 3,419 73,914 SH SOLE 73,914
BAKER HUGHES INC COM 057224107 3,029 104,630 SH SOLE 104,630
BALL CORP COM 058498106 509 8,500 SH SOLE 8,500
BANK NEW YORK INC COM 064057102 8,019 229,104 SH SOLE 229,104
BANK OF AMERICA CORPORATION COM 060505104 29,163 499,363 SH SOLE 499,363
BANK ONE CORP COM 06423A103 11,428 363,138 SH SOLE 363,138
BARD C R INC COM 067383109 812 15,800 SH SOLE 15,800
BARRICK GOLD CORP COM 067901108 2,141 123,400 SH SOLE 123,400
BAUSCH & LOMB INC COM 071707103 475 16,800 SH SOLE 16,800
BAXTER INTL INC COM 071813109 10,159 184,540 SH SOLE 184,540
BB&T CORP COM 054937107 4,644 127,400 SH SOLE 127,400
BEAR STEARNS COS INC COM 073902108 1,638 32,761 SH SOLE 32,761
BECTON DICKINSON & CO COM 075887109 2,967 80,200 SH SOLE 80,200
BED BATH & BEYOND INC COM 075896100 2,289 89,900 SH SOLE 89,900
BELLSOUTH CORP COM 079860102 24,259 583,844 SH SOLE 583,844
BEMIS INC COM 081437105 654 16,400 SH SOLE 16,400
BEST BUY INC COM 086516101 2,963 65,200 SH SOLE 65,200
BIG LOTS INC COM 089302103 293 35,400 SH SOLE 35,400
BIOGEN INC COM 090597105 2,579 46,400 SH SOLE 46,400
BIOMET INC COM 090613100 2,445 83,600 SH SOLE 83,600
BLACK & DECKER CORP COM 091797100 789 25,300 SH SOLE 25,300
BLOCK H & R INC COM 093671105 2,190 56,800 SH SOLE 56,800
BMC SOFTWARE INC COM 055921100 964 75,900 SH SOLE 75,900
BOEING CO COM 097023105 9,104 271,761 SH SOLE 271,761
BOISE CASCADE CORP COM 097383103 527 17,855 SH SOLE 17,855
BOSTON SCIENTIFIC CORP COM 101137107 2,565 125,104 SH SOLE 125,104
BRISTOL MYERS SQUIBB CO COM 110122108 33,641 605,484 SH SOLE 605,484
BROADCOM CORP CL A 111320107 1,646 81,100 SH SOLE 81,100
BROADVISION INC COM 111412102 73 79,800 SH SOLE 79,800
BROWN FORMAN CORP CL B 115637209 1,352 21,400 SH SOLE 21,400
BRUNSWICK CORP COM 117043109 448 27,200 SH SOLE 27,200
BURLINGTON NORTH SANTA FE CP COM 12189T104 3,265 122,073 SH SOLE 122,073
BURLINGTON RES INC COM 122014103 2,254 65,880 SH SOLE 65,880
FAIR MARKET VALUE 175,205
CADENCE DESIGN SYSTEMS INC COM 127387108 415 24,901 SH SOLE 24,901
CALPINE CORP COM 131347106 2,121 93,000 SH SOLE 93,000
CAMPBELL SOUP CO COM 134429109 3,562 127,200 SH SOLE 127,200
CAPITAL ONE FINL CORP COM 14040H105 2,987 64,900 SH SOLE 64,900
CARDINAL HEALTH INC COM 14149Y108 10,275 138,950 SH SOLE 138,950
CARNIVAL CORP COM 143658102 4,010 182,100 SH SOLE 182,100
CATERPILLAR INC DEL COM 149123101 4,791 106,944 SH SOLE 106,944
CENDANT CORP COM 151313103 3,396 265,336 SH SOLE 265,336
CENTEX CORP COM 152312104 624 18,500 SH SOLE 18,500
CENTURYTEL INC COM 156700106 1,471 43,900 SH SOLE 43,900
CHARTER ONE FINL INC COM 160903100 1,907 67,573 SH SOLE 67,573
CHEVRON CORP COM 166751107 16,942 199,900 SH SOLE 199,900
CHIRON CORP COM 170040109 2,625 59,100 SH SOLE 59,100
CHUBB CORP COM 171232101 3,897 54,577 SH SOLE 54,577
CIGNA CORP COM 125509109 3,874 46,700 SH SOLE 46,700
CINCINNATI FINL CORP COM 172062101 2,081 50,000 SH SOLE 50,000
CINERGY CORP COM 172474108 1,531 49,600 SH SOLE 49,600
CINTAS CORP COM 172908105 2,124 52,700 SH SOLE 52,700
CIRCUIT CITY STORE INC CIRCUIT 172737108 778 64,800 SH SOLE 64,800
CITY GRP
CISCO SYS INC COM 17275R102 28,149 2,311,101 SH SOLE 2,311,101
CITIGROUP INC COM 172967101 63,448 1,566,610 SH SOLE 1,566,610
CITIZENS COMMUNICATIONS CO COM 17453B101 836 88,900 SH SOLE 88,900
CITRIX SYS INC COM 177376100 1,140 57,600 SH SOLE 57,600
CLEAR CHANNEL COMMUNICATIONS COM 184502102 7,278 183,100 SH SOLE 183,100
CLOROX CO DEL COM 189054109 2,727 73,700 SH SOLE 73,700
CMS ENERGY CORP COM 125896100 822 41,100 SH SOLE 41,100
COCA COLA CO COM 191216100 36,304 774,904 SH SOLE 774,904
COCA COLA ENTERPRISES INC COM 191219104 2,128 138,700 SH SOLE 138,700
COLGATE PALMOLIVE CO COM 194162103 10,182 174,800 SH SOLE 174,800
COMCAST CORP CL A SPL 200300200 10,560 294,400 SH SOLE 294,400
COMERICA INC COM 200340107 3,078 55,567 SH SOLE 55,567
COMPAQ COMPUTER CORP COM 204493100 4,373 526,200 SH SOLE 526,200
COMPUTER ASSOC INTL INC COM 204912109 4,624 179,625 SH SOLE 179,625
FAIR MARKET VALUE 245,060
COMPUTER SCIENCES CORP COM 205363104 1,745 52,600 SH SOLE 52,600
COMPUWARE CORP COM 205638109 955 114,600 SH SOLE 114,600
COMVERSE TECHNOLOGY INC COM PAR 205862402 1,098 53,600 SH SOLE 53,600
$0.10
CONAGRA FOODS INC COM 205887102 3,756 167,314 SH SOLE 167,314
CONCORD EFS INC COM 206197105 3,671 75,000 SH SOLE 75,000
CONEXANT SYSTEMS INC COM 207142100 639 77,000 SH SOLE 77,000
CONOCO INC CL B 208251405 4,931 194,600 SH SOLE 194,600
CONSECO INC COM 208464107 764 105,245 SH SOLE 105,245
CONSOLIDATED EDISON INC COM 209115104 2,688 66,000 SH SOLE 66,000
CONSTELLATION ENERGY GROUP INC CL A 210371100 1,234 51,000 SH SOLE 51,000
CONVERA CORP COM 211919105 66,533 27,156,422 SH SOLE 27,156,422
CONVERGYS CORP COM 212485106 1,479 53,300 SH SOLE 53,300
COOPER INDS INC COM 216669101 1,211 29,200 SH SOLE 29,200
COOPER TIRE & RUBR CO COM 216831107 320 22,500 SH SOLE 22,500
COORS ADOLPH CO CL B 217016104 518 11,500 SH SOLE 11,500
CORNING INC COM 219350105 2,556 289,800 SH SOLE 289,800
COSTCO WHSL CORP NEW COM 22160K105 4,986 140,200 SH SOLE 140,200
COUNTRYWIDE CR INDS INC DEL COM 222372104 1,621 36,900 SH SOLE 36,900
CRANE CO COM 224399105 408 18,600 SH SOLE 18,600
CROSSROADS SYSTEMS INC COM 22765D100 3,370 1,021,146 SH SOLE 1,021,146
CROSSWORLDS SOFTWARE INC COM 22769P109 793 333,333 SH SOLE 333,333
CSX CORP COM 126408103 2,095 66,500 SH SOLE 66,500
CUMMINS INC COM 231021106 422 12,800 SH SOLE 12,800
CVS CORP COM 126650100 4,067 122,500 SH SOLE 122,500
DANA CORP COM 235811106 718 46,010 SH SOLE 46,010
DANAHER CORP DEL COM 235851102 2,095 44,400 SH SOLE 44,400
DARDEN RESTAURANTS INC COM 237194105 963 36,700 SH SOLE 36,700
DEERE & CO COM 244199105 2,749 73,100 SH SOLE 73,100
DELL COMPUTER CORP COM 247025109 15,015 810,300 SH SOLE 810,300
DELPHI AUTOMOTIVE SYS CORP COM 247126105 2,049 174,375 SH SOLE 174,375
DELTA AIR LINES INC DEL COM 247361108 1,009 38,300 SH SOLE 38,300
DELUXE CORP COM 248019101 760 22,000 SH SOLE 22,000
DEVON ENERGY CORP NEW COM 25179M103 1,390 40,400 SH SOLE 40,400
FAIR MARKET VALUE 138,608
DILLARDS INC CL A 254067101 349 26,500 SH SOLE 26,500
DISNEY WALT CO COM 254687106 12,122 651,042 SH SOLE 651,042
DISNEY
DOLLAR GEN CORP COM 256669102 1,206 103,111 SH SOLE 103,111
DOMINION RES INC VA NEW COM 25746U109 4,569 76,984 SH SOLE 76,984
DONNELLEY R R & SONS CO COM 257867101 987 36,500 SH SOLE 36,500
DOVER CORP COM 260003108 1,906 63,300 SH SOLE 63,300
DOW CHEM CO COM 260543103 9,158 279,559 SH SOLE 279,559
DOW JONES & CO INC COM 260561105 1,222 26,900 SH SOLE 26,900
DTE ENERGY CO COM 233331107 2,213 51,400 SH SOLE 51,400
DU PONT E I DE NEMOURS & CO COM 263534109 12,186 324,794 SH SOLE 324,794
DUKE ENERGY CORP COM 264399106 9,099 240,394 SH SOLE 240,394
DYNEGY INC NEW CL A 26816Q101 3,517 101,500 SH SOLE 101,500
EASTMAN CHEM CO COM 277432100 862 23,946 SH SOLE 23,946
EASTMAN KODAK CO COM 277461109 2,938 90,331 SH SOLE 90,331
EATON CORP COM 278058102 1,273 21,500 SH SOLE 21,500
ECOLAB INC COM 278865100 1,442 39,700 SH SOLE 39,700
EDISON INTL COM 281020107 1,336 101,500 SH SOLE 101,500
EL PASO CORP COM 28336L109 6,589 158,580 SH SOLE 158,580
ELECTRONIC DATA SYS NEW COM 285661104 8,395 145,800 SH SOLE 145,800
EMC CORP MASS COM 268648102 8,078 687,506 SH SOLE 687,506
EMERSON ELEC CO COM 291011104 6,283 133,500 SH SOLE 133,500
EMULEX CORPORATION COM NEW 292475209 742 78,016 SH SOLE 78,016
ENGAGE INC COM 292827102 4 17,919 SH SOLE 17,919
ENGELHARD CORP COM 292845104 940 40,700 SH SOLE 40,700
ENRON CORP COM 293561106 6,330 232,472 SH SOLE 232,472
ENTERASYS NETWORKS INC COM 293637104 355 55,100 SH SOLE 55,100
ENTERGY CORP NEW COM 29364G103 2,447 68,800 SH SOLE 68,800
EOG RES INC COM 26875P101 1,044 36,100 SH SOLE 36,100
EQUIFAX INC COM 294429105 977 44,600 SH SOLE 44,600
ESOFT INC COM 296904105 226 266,403 SH SOLE 266,403
EXELON CORP COM 30161N101 4,455 99,887 SH SOLE 99,887
EXXON MOBIL CORP COM 30231G102 84,695 2,149,618 SH SOLE 2,149,618
FEDERAL NATL MTG ASSN COM 313586109 24,955 311,700 SH SOLE 311,700
FEDERATED DEPT STORES INC DEL COM 31410H101 1,734 61,502 SH SOLE 61,502
FAIR MARKET VALUE 224,634
FEDEX CORP COM 31428X106 3,518 95,740 SH SOLE 95,740
FIFTH THIRD BANCORP COM 316773100 11,022 179,273 SH SOLE 179,273
FIRST DATA CORP COM 319963104 7,114 122,100 SH SOLE 122,100
FIRSTENERGY CORP COM 337932107 2,509 69,800 SH SOLE 69,800
FISERV INC COM 337738108 1,979 58,000 SH SOLE 58,000
FLEETBOSTON FINL CORP COM 339030108 12,245 337,321 SH SOLE 337,321
FLUOR CORP NEW COM 343412102 951 24,700 SH SOLE 24,700
FMC CORP COM NEW 302491303 475 9,700 SH SOLE 9,700
FORD MTR CO DEL COM PAR 345370860 9,890 570,043 SH SOLE 570,043
$0.01
FOREST LABS INC COM 345838106 3,960 54,900 SH SOLE 54,900
FORTUNE BRANDS INC COM 349631101 1,594 47,576 SH SOLE 47,576
FPL GROUP INC COM 302571104 2,931 54,735 SH SOLE 54,735
FRANKLIN RES INC COM 354613101 2,857 82,400 SH SOLE 82,400
FEDERAL HOME LN MTG CORP COM 313400301 14,029 215,832 SH SOLE 215,832
FREEPORT MCMORAN COPPER & GOLD CL B 35671D857 493 44,880 SH SOLE 44,880
GANNETT INC COM 364730101 4,953 82,400 SH SOLE 82,400
GAP INC DEL COM 364760108 3,200 267,774 SH SOLE 267,774
GATEWAY INC COM 367626108 548 100,600 SH SOLE 100,600
GENERAL DYNAMICS CORP COM 369550108 5,529 62,600 SH SOLE 62,600
GENERAL ELEC CO COM 369604103 115,118 3,094,580 SH SOLE 3,094,580
GENERAL MLS INC COM 370334104 4,036 88,700 SH SOLE 88,700
GENERAL MTRS CORP COM 370442105 7,330 170,870 SH SOLE 170,870
GENUINE PARTS CO COM 372460105 1,706 53,550 SH SOLE 53,550
GEORGIA PAC CORP COM 373298108 2,024 70,306 SH SOLE 70,306
GILLETTE CO COM COM 375766102 9,792 328,600 SH SOLE 328,600
GLOBAL CROSSING LTD COM G3921A100 497 276,195 SH SOLE 276,195
GOLDEN WEST FINL CORP DEL COM 381317106 2,876 49,500 SH SOLE 49,500
GOODRICH CORP COM 382388106 629 32,300 SH SOLE 32,300
GOODYEAR TIRE & RUBR CO COM 382550101 912 49,500 SH SOLE 49,500
GPU INC COM 36225X100 1,505 37,300 SH SOLE 37,300
GRAINGER W W INC COM 384802104 1,150 29,600 SH SOLE 29,600
GREAT LAKES CHEM CORP COM 390568103 345 15,600 SH SOLE 15,600
GUIDANT CORP COM 401698105 3,684 95,700 SH SOLE 95,700
HALLIBURTON CO COM 406216101 3,014 133,650 SH SOLE 133,650
FAIR MARKET VALUE 244,415
HANCOCK JOHN FINL SVCS INC COM 41014S106 3,835 96,000 SH SOLE 96,000
HARLEY DAVIDSON INC COM 412822108 3,815 94,200 SH SOLE 94,200
HARRAHS ENTMT INC COM 413619107 985 36,450 SH SOLE 36,450
HARTFORD FINL SVCS GROUP INC COM 416515104 4,337 73,836 SH SOLE 73,836
HASBRO INC COM 418056107 751 53,650 SH SOLE 53,650
HCA INC COM 404119109 7,424 167,550 SH SOLE 167,550
HEALTHSOUTH CORP COM 421924101 1,974 121,400 SH SOLE 121,400
HEINZ H J CO COM 423074103 4,577 108,600 SH SOLE 108,600
HERCULES INC COM 427056106 277 33,604 SH SOLE 33,604
HERSHEY FOODS CORP COM 427866108 2,778 42,500 SH SOLE 42,500
HEWLETT PACKARD CO COM 428236103 9,742 605,276 SH SOLE 605,276
HILTON HOTELS CORP COM 432848109 902 114,900 SH SOLE 114,900
HOME DEPOT INC COM 437076102 27,897 727,050 SH SOLE 727,050
HOMESTAKE MNG CO COM 437614100 763 82,004 SH SOLE 82,004
HONEYWELL INTL INC COM 438516106 6,657 252,144 SH SOLE 252,144
HOUSEHOLD INTL INC COM 441815107 8,150 144,548 SH SOLE 144,548
HUMANA INC COM 444859102 638 52,900 SH SOLE 52,900
HUNTINGTON BANCSHARES INC COM 446150104 1,354 78,222 SH SOLE 78,222
INTERNATIONAL BUSINESS MACHS COM 459200101 49,921 541,196 SH SOLE 541,196
ILLINOIS TOOL WKS INC COM 452308109 5,124 94,700 SH SOLE 94,700
IMMUNEX CORP NEW COM 452528102 198 10,600 SH SOLE 10,600
IMS HEALTH INC COM 449934108 2,302 91,900 SH SOLE 91,900
INCO LTD COM 453258402 703 56,642 SH SOLE 56,642
INGERSOLL RAND CO COM 456866102 1,688 49,950 SH SOLE 49,950
INTEGRATED TELECOM EXPRESS INC COM 45817U101 1,429 1,428,571 SH SOLE 1,428,571
INTEL CORP COM 458140100 39,185 1,921,772 SH SOLE 1,921,772
INTERACTIVE INTELLIGENCE INC COM 45839M103 3,000 600,000 SH DEFINED 600,000
INTL PAPER CO COM 460146103 5,240 150,565 SH SOLE 150,565
INTERPUBLIC GROUP COS INC COM 460690100 2,387 117,000 SH SOLE 117,000
INTERNATIONAL FLAVORS & COM 459506101 826 29,843 SH SOLE 29,843
FRAGRANCES
INTUIT COM 461202103 2,323 64,900 SH SOLE 64,900
ITT INDS INC IND COM 450911102 1,222 27,285 SH SOLE 27,285
ITXC CORPORATION COM 45069F109 2,418 948,376 SH SOLE 948,376
J P MORGAN CHASE & CO COM 46625H100 21,118 618,377 SH SOLE 618,377
FAIR MARKET VALUE 225,940
JABIL CIRCUIT INC COM 466313103 1,067 59,600 SH SOLE 59,600
JDS UNIPHASE CORP COM 46612J101 2,592 410,100 SH SOLE 410,100
JEFFERSON PILOT CORP COM 475070108 2,109 47,412 SH SOLE 47,412
JOHNSON & JOHNSON COM 478160104 52,263 943,380 SH SOLE 943,380
JOHNSON CTLS INC COM 478366107 1,768 27,100 SH SOLE 27,100
K MART CORP COM 482584109 1,066 152,573 SH SOLE 152,573
KANA SOFTWARE INC COM 483600102 48 133,291 SH SOLE 133,291
KB HOME COM 48666K109 394 13,874 SH SOLE 13,874
KELLOGG CO COM 487836108 3,794 126,478 SH SOLE 126,478
KERR MCGEE CORP COM 492386107 1,540 29,667 SH SOLE 29,667
KEYCORP NEW COM 493267108 3,191 132,182 SH SOLE 132,182
KEYSPAN CORP COM 49337W100 1,419 42,700 SH SOLE 42,700
KIMBERLY CLARK CORP COM 494368103 10,280 165,800 SH SOLE 165,800
KINDER MORGAN INC KANS COM 49455P101 1,757 35,700 SH SOLE 35,700
KING PHARMACEUTICALS INC COM 495582108 2,985 71,166 SH SOLE 71,166
KLA-A367TENCOR CORP COM 482480100 1,825 57,800 SH SOLE 57,800
KNIGHT RIDDER INC COM 499040103 1,279 22,900 SH SOLE 22,900
KOHLS CORP COM 500255104 4,982 103,800 SH SOLE 103,800
KROGER CO COM 501044101 6,224 252,600 SH SOLE 252,600
LASTMINUTE COM PLC SPONSORED 518129101 1,339 4,487,710 SH SOLE 4,487,710
ADR
LEGGETT & PLATT INC COM 524660107 1,191 61,100 SH SOLE 61,100
LEHMAN BROS HLDGS INC COM 524908100 4,366 76,800 SH SOLE 76,800
LEXMARK INTL INC CL A 529771107 1,788 40,000 SH SOLE 40,000
LIGHTSPAN INC COM 53226T103 381 319,867 SH SOLE 319,867
LILLY ELI & CO COM 532457108 28,251 350,070 SH SOLE 350,070
LIMITED INC COM 532716107 1,262 132,866 SH SOLE 132,866
LINCOLN NATL CORP IND COM 534187109 2,728 58,500 SH SOLE 58,500
LINEAR TECHNOLOGY CORP COM 535678106 3,247 99,000 SH SOLE 99,000
LIZ CLAIBORNE INC COM 539320101 615 16,300 SH SOLE 16,300
LOCKHEED MARTIN CORP COM 539830109 5,917 135,244 SH SOLE 135,244
LOEWS CORP COM 540424108 2,846 61,500 SH SOLE 61,500
LOUISIANA PAC CORP COM 546347105 211 32,500 SH SOLE 32,500
LOWES COS INC COM 548661107 7,587 239,700 SH SOLE 239,700
LSI LOGIC CORP COM 502161102 1,323 112,580 SH SOLE 112,580
FAIR MARKET VALUE 163,635
LUCENT TECHNOLOGIES INC COM 549463107 6,080 1,061,046 SH SOLE 1,061,046
MANOR CARE INC NEW COM 564055101 899 32,000 SH SOLE 32,000
MARRIOTT INTL INC NEW+A393 CL A 571903202 2,536 75,934 SH SOLE 75,934
MARSH & MCLENNAN COS INC COM 571748102 8,304 85,879 SH SOLE 85,879
MASCO CORP COM 574599106 2,929 143,300 SH SOLE 143,300
MATTEL INC COM 577081102 2,103 134,316 SH SOLE 134,316
MAXIM INTEGRATED PRODS INC COM 57772K101 3,571 102,200 SH SOLE 102,200
MAY DEPT STORES CO COM 577778103 2,702 93,100 SH SOLE 93,100
MAYTAG CORP COM 578592107 583 23,673 SH SOLE 23,673
MBIA INC COM 55262C100 2,308 46,150 SH SOLE 46,150
MBNA CORP COM 55262L100 8,037 265,330 SH SOLE 265,330
MCDERMOTT INTL INC COM 580037109 158 19,100 SH SOLE 19,100
MCDONALDS CORP COM 580135101 10,935 402,928 SH SOLE 402,928
MCGRAW HILL COS INC COM 580645109 3,539 60,816 SH SOLE 60,816
MCKESSON CORP COM 58155Q103 3,357 88,838 SH SOLE 88,838
MEAD CORP COM 582834107 858 31,000 SH SOLE 31,000
MEDIMMUNE INC COM 584699102 2,362 66,300 SH SOLE 66,300
MEDTRONIC INC COM 585055106 16,378 376,512 SH SOLE 376,512
MELLON FINL CORP COM 58551A108 4,806 148,660 SH SOLE 148,660
MERCK & CO INC COM 589331107 47,583 714,458 SH SOLE 714,458
MERCURY INTERACTIVE CORP COM 589405109 489 25,700 SH SOLE 25,700
MEREDITH CORP COM 589433101 498 15,500 SH SOLE 15,500
MERRILL LYNCH & CO INC COM 590188108 10,616 261,488 SH SOLE 261,488
METLIFE INC COM 59156R108 6,938 233,600 SH SOLE 233,600
MGIC INVT CORP WIS COM 552848103 2,176 33,300 SH SOLE 33,300
MICRON TECHNOLOGY INC COM 595112103 3,497 185,700 SH SOLE 185,700
MICROSOFT CORP COM 594918104 85,802 1,676,800 SH SOLE 1,676,800
MILLIPORE CORP COM 601073109 778 14,700 SH SOLE 14,700
MINNESOTA MNG & MFG CO COM 604059105 12,143 123,400 SH SOLE 123,400
MIRANT CORP COM 604675108 2,314 105,682 SH SOLE 105,682
MOLEX INC COM 608554101 1,712 60,900 SH SOLE 60,900
MOODYS CORP COM 615369105 1,817 49,100 SH SOLE 49,100
MORGAN STANLEY DEAN WTTER & CO COM NEW 617446448 16,068 346,658 SH SOLE 346,658
MOTOROLA INC COM 620076109 10,672 684,105 SH SOLE 684,105
NABORS INDS INC COM 629568106 958 45,700 SH SOLE 45,700
FAIR MARKET VALUE 286,506
NATIONAL CITY CORP COM 635405103 5,604 187,126 SH SOLE 187,126
NATIONAL SEMICONDUCTOR CORP COM 637640103 1,188 53,900 SH SOLE 53,900
NATIONAL SVC INDS INC COM 637657107 264 12,800 SH SOLE 12,800
NAVISTAR INTL CORP NEW COM 63934E108 521 18,460 SH SOLE 18,460
NCR CORP COM 62886E108 892 30,100 SH SOLE 30,100
NETWORK APPLIANCE INC COM 64120L104 690 101,400 SH SOLE 101,400
NEW YORK TIMES CO CL A 650111107 1,936 49,600 SH SOLE 49,600
NEWELL RUBBERMAID INC COM 651229106 1,887 83,106 SH SOLE 83,106
NEWMONT MINING CORP COM 651639106 1,438 60,914 SH SOLE 60,914
NEXTEL COMMUNICATIONS INC CL A 65332V103 2,064 238,400 SH SOLE 238,400
NIAGARA MOHAWK HLDGS INC COM 653520106 847 49,900 SH SOLE 49,900
NICOR INC COM 654086107 546 14,100 SH SOLE 14,100
NIKE INC CL B 654106103 3,955 84,500 SH SOLE 84,500
NISOURCE INC COM 65473P105 1,501 64,400 SH SOLE 64,400
NOBLE DRILLING CORP COM 655042109 1,003 41,800 SH SOLE 41,800
NORDSTROM INC WASH COM 655664100 603 41,700 SH SOLE 41,700
NORFOLK SOUTHERN CORP COM 655844108 1,930 119,724 SH SOLE 119,724
NORTEL NETWORKS CORP NEW COM 656568102 5,562 992,636 SH SOLE 992,636
NORTHERN TR CORP COM 665859104 3,642 69,400 SH SOLE 69,400
NORTHROP GRUMMAN CORP COM 666807102 2,677 26,509 SH SOLE 26,509
NOVATEL WIRELESS INC COM 66987M109 170 434,782 SH SOLE 434,782
NOVELL INC COM 670006105 411 112,195 SH SOLE 112,195
NOVELLUS SYS INC COM 670008101 1,268 44,400 SH SOLE 44,400
NUCOR CORP COM 670346105 957 24,100 SH SOLE 24,100
OCCIDENTAL PETE CORP DEL COM 674599105 2,809 115,400 SH SOLE 115,400
OFFICE DEPOT INC COM 676220106 1,261 92,700 SH SOLE 92,700
OMNICOM GROUP INC COM 681919106 3,745 57,700 SH SOLE 57,700
ONEOK INC COM 682680103 286 17,300 SH SOLE 17,300
ORACLE CORP COM 68389X105 22,000 1,748,784 SH SOLE 1,748,784
PACCAR INC COM 693718108 1,173 23,900 SH SOLE 23,900
PACTIV CORP COM 695257105 718 49,530 SH SOLE 49,530
PALL CORP COM 696429307 743 38,200 SH SOLE 38,200
PALM INC COM 696642107 258 176,767 SH SOLE 176,767
PARAMETRIC TECHNOLOGY CORP COM 699173100 427 82,200 SH SOLE 82,200
PARKER HANNIFIN CORP COM 701094104 1,252 36,350 SH SOLE 36,350
FAIR MARKET VALUE 76,228
PAYCHEX INC COM 704326107 3,664 116,275 SH SOLE 116,275
PENNEY J C INC COM 708160106 1,795 81,978 SH SOLE 81,978
PEOPLES ENERGY CORP COM 711030106 435 10,949 SH SOLE 10,949
PEOPLESOFT INC COM 712713106 1,652 91,600 SH SOLE 91,600
PEPSI BOTTLING GROUP INC COM 713409100 2,064 44,800 SH SOLE 44,800
PEPSICO INC COM 713448108 26,719 550,902 SH SOLE 550,902
PEREGRINE SYSTEMS INC COM 71366Q101 157 12,512 SH SOLE 12,512
PEREGRINE SYSTEMS INC COM 71366Q101 52 4,183 SH DEFINED 4,183
PERKINELMER INC COM 714046109 824 31,396 SH SOLE 31,396
PFIZER INC COM 717081103 78,863 1,966,670 SH SOLE 1,966,670
PG&E CORP COM 69331C108 1,833 120,598 SH SOLE 120,598
PHARMACIA CORP COM 71713U102 16,436 405,229 SH SOLE 405,229
PHELPS DODGE CORP COM 717265102 677 24,618 SH SOLE 24,618
PHILIP MORRIS COS INC COM 718154107 33,089 685,209 SH SOLE 685,209
PHILLIPS PETE CO COM 718507106 6,375 118,180 SH SOLE 118,180
PINNACLE SYSTEMS COM 723481107 60 20,749 SH SOLE 20,749
PINNACLE WEST CAP CORP COM 723484101 1,048 26,400 SH SOLE 26,400
PITNEY BOWES INC COM 724479100 2,941 76,900 SH SOLE 76,900
PLACER DOME INC COM 725906101 1,306 102,100 SH SOLE 102,100
PNC FINANCIAL SVCS GROUP INC COM 693475105 5,153 90,000 SH SOLE 90,000
POLYCOM INC COM 73172K104 5,137 210,777 SH SOLE 210,777
POWER-ONE INC COM 739308104 151 24,500 SH SOLE 24,500
PPG INDS INC COM 693506107 2,396 52,372 SH SOLE 52,372
PPL CORP COM 69351T106 1,483 45,500 SH SOLE 45,500
PRAXAIR INC COM 74005P104 2,103 50,078 SH SOLE 50,078
PRICE T ROWE GROUP INC COM 74144T108 1,122 38,300 SH SOLE 38,300
PROCTER & GAMBLE CO COM 742718109 29,370 403,490 SH SOLE 403,490
PROGRESS ENERGY INC COM 743263105 2,768 64,376 SH SOLE 64,376
PROGRESSIVE CORP OHIO COM 743315103 3,093 23,100 SH SOLE 23,100
PROVIDIAN FINL CORP COM 74406A102 1,793 89,000 SH SOLE 89,000
PUBLIC SVC ENTERPRISE GROUP COM 744573106 2,759 64,844 SH SOLE 64,844
PULTE HOMES INC COM 745867101 414 13,500 SH SOLE 13,500
QLOGIC CORP COM 747277101 1,947 102,450 SH SOLE 102,450
QUALCOMM INC COM 747525103 11,215 235,900 SH SOLE 235,900
QUINTILES TRANSNATIONAL CORP COM 748767100 530 36,300 SH SOLE 36,300
FAIR MARKET VALUE 251,424
QWEST COMMUNICATIONS INTL INC COM 749121109 8,642 517,487 SH SOLE 517,487
RADIOSHACK CORP COM 750438103 1,402 57,800 SH SOLE 57,800
RADISYS CORPORATION COM 750459109 14,826 1,235,511 SH SOLE 1,235,511
RALSTON PURINA CO COM 751277302 3,165 96,500 SH SOLE 96,500
RAYTHEON CO COM NEW 755111507 3,849 110,756 SH SOLE 110,756
RED HAT SOFTWARE INC COM 756577102 2,114 603,878 SH SOLE 603,878
REEBOK INTL LTD COM 758110100 379 18,300 SH SOLE 18,300
REGIONS FINL CORP COM 758940100 2,043 70,800 SH SOLE 70,800
RELIANT ENERGY INC COM 75952J108 2,438 92,645 SH SOLE 92,645
RIVERSTONE NETWORKS INC COM 769320102 148 28,272 SH SOLE 28,272
ROBERT HALF INTL INC COM 770323103 1,095 54,700 SH SOLE 54,700
ROCKWELL COLLINS INC COM 774341101 808 56,900 SH SOLE 56,900
ROCKWELL INTL CORP NEW NEW COM 773903109 835 56,900 SH SOLE 56,900
ROGUE WAVE SOFTWARE INC COM 775369101 23 9,201 SH DEFINED 9,201
ROHM & HAAS CO COM 775371107 2,247 68,605 SH SOLE 68,605
ROWAN COS INC COM 779382100 364 29,400 SH SOLE 29,400
ROYAL DUTCH PETE CO NY REG 780257804 33,573 668,120 SH SOLE 668,120
GLD 1.25
RYDER SYS INC COM 783549108 376 18,800 SH SOLE 18,800
SABRE HLDGS CORP CL A 785905100 1,106 41,363 SH SOLE 41,363
SAFECO CORP COM 786429100 1,204 39,700 SH SOLE 39,700
SAFEWAY INC COM NEW 786514208 6,252 157,400 SH SOLE 157,400
SANMINA CORP COM 800907107 1,353 99,600 SH SOLE 99,600
SAPIENT CORP COM 803062108 147 38,300 SH SOLE 38,300
SARA LEE CORP COM 803111103 5,219 245,000 SH SOLE 245,000
SBC COMMUNICATIONS INC COM 78387G103 49,441 1,049,256 SH SOLE 1,049,256
SCHERING PLOUGH CORP COM 806605101 16,912 455,840 SH SOLE 455,840
SCHLUMBERGER LTD COM 806857108 8,162 178,600 SH SOLE 178,600
SCHWAB CHARLES CORP NEW COM 808513105 4,965 431,750 SH SOLE 431,750
SCIENTIFIC ATLANTA INC COM 808655104 890 50,700 SH SOLE 50,700
SEALED AIR CORP NEW COM 81211K100 951 26,062 SH SOLE 26,062
SEARS ROEBUCK & CO COM 812387108 3,544 102,300 SH SOLE 102,300
SELECTICA INC COM 816288104 190 79,227 SH SOLE 79,227
SELECTICA INC COM 816288104 100 41,989 SH OTHER 1 41,989
FAIR MARKET VALUE 178,763
SELECTICA INC COM 816288104 38 15,844 SH OTHER 2 15,844
SELECTICA INC COM 816288104 114 47,533 SH OTHER* 47,533
SEMPRA ENERGY COM 816851109 1,588 64,172 SH SOLE 64,172
SHARPER IMAGE CORP COM 820013100 122 13,282 SH SOLE 13,282
SHERWIN WILLIAMS CO COM 824348106 1,084 48,800 SH SOLE 48,800
SIEBEL SYS INC COM 826170102 1,837 141,200 SH SOLE 141,200
SIGMA ALDRICH CORP COM 826552101 1,062 23,500 SH SOLE 23,500
SIGNALSOFT CORP COM 82668M102 1,492 379,757 SH SOLE 379,757
SIMPLEX SOLUTIONS INC COM 828854109 9,408 622,222 SH SOLE 622,222
SNAP ON INC COM 833034101 402 18,000 SH SOLE 18,000
SOLECTRON CORP COM 834182107 2,371 203,500 SH SOLE 203,500
SOUTHERN CO COM 842587107 5,117 213,400 SH SOLE 213,400
SOUTHTRUST CORP COM 844730101 2,702 106,100 SH SOLE 106,100
SOUTHWEST AIRLS CO COM 844741108 3,520 237,214 SH SOLE 237,214
SPEECHWORKS INTL INC COM 84764M101 378 76,617 SH DEFINED 76,617
SPRINT CORP (FON GROUP) COM FON 852061100 6,629 276,096 SH SOLE 276,096
GROUP
SPRINT CORP PCS COM 852061506 7,673 291,848 SH SOLE 291,848
SER 1
ST JUDE MED INC COM 790849103 1,827 26,688 SH SOLE 26,688
ST PAUL COS INC COM 792860108 2,755 66,846 SH SOLE 66,846
STANDARD MICROSYSTEMS CORP COM 853626109 14,469 1,542,506 SH SOLE 1,542,506
STANLEY WKS COM 854616109 970 26,540 SH SOLE 26,540
STAPLES INC COM 855030102 1,895 142,250 SH SOLE 142,250
STARBUCKS CORP COM 855244109 1,760 118,500 SH SOLE 118,500
STARWOOD HOTELS & RESORTS WRLDWD PAIRED 85590A203 1,360 61,800 SH SOLE 61,800
CTF
STATE STR CORP COM 857477103 4,614 101,400 SH SOLE 101,400
STILWELL FINL INC COM 860831106 1,334 68,400 SH SOLE 68,400
STRYKER CORP COM 863667101 3,232 61,100 SH SOLE 61,100
SUN MICROSYSTEMS INC COM 866810104 8,390 1,014,564 SH SOLE 1,014,564
SUNOCO INC COM 86764P109 931 26,145 SH SOLE 26,145
SUNTRUST BKS INC COM 867914103 6,057 90,950 SH SOLE 90,950
SUPERVALU INC COM 868536103 833 41,200 SH SOLE 41,200
SYMBOL TECHNOLOGIES INC COM 871508107 34,089 3,249,701 SH SOLE 3,249,701
FAIR MARKET VALUE 130,053
SYNOVUS FINL CORP COM 87161C105 2,495 90,400 SH SOLE 90,400
SYSCO CORP COM 871829107 5,353 209,600 SH SOLE 209,600
TARGET CORP COM 87612E106 8,896 280,100 SH SOLE 280,100
TEKTRONIX INC COM 879131100 511 29,234 SH SOLE 29,234
TELLABS INC COM 879664100 1,260 127,500 SH SOLE 127,500
TEMPLE INLAND INC COM 879868107 731 15,400 SH SOLE 15,400
TENET HEALTHCARE CORP COM 88033G100 6,022 100,957 SH SOLE 100,957
TERADYNE INC COM 880770102 1,061 54,400 SH SOLE 54,400
TERAYON COMMUNICATION SYS COM 880775101 583 81,729 SH DEFINED 81,729
TEXACO INC COM 881694103 11,154 171,600 SH SOLE 171,600
TEXAS INSTRS INC COM 882508104 15,970 639,314 SH SOLE 639,314
TEXTRON INC COM 883203101 1,475 43,900 SH SOLE 43,900
THERMO ELECTRON CORP COM 883556102 1,020 56,500 SH SOLE 56,500
THOMAS & BETTS CORP COM 884315102 318 18,200 SH SOLE 18,200
TIFFANY & CO NEW COM 886547108 985 45,500 SH SOLE 45,500
TIMKEN CO COM 887389104 238 17,400 SH SOLE 17,400
TJX COS INC NEW COM 872540109 2,872 87,300 SH SOLE 87,300
TMP WORLDWIDE INC COM 872941109 943 33,200 SH SOLE 33,200
TORCHMARK CORP COM 891027104 1,525 39,100 SH SOLE 39,100
TOYS R US INC COM 892335100 1,060 61,500 SH SOLE 61,500
TRANSOCEAN SEDCO FOREX INC ORD G90078109 2,616 99,086 SH SOLE 99,086
TRIBUNE CO NEW COM 896047107 2,919 92,973 SH SOLE 92,973
TRICON GLOBAL RESTAURANTS INC COM 895953107 1,794 45,732 SH SOLE 45,732
TRW INC COM 872649108 1,160 38,900 SH SOLE 38,900
TUPPERWARE CORP COM 899896104 362 18,150 SH SOLE 18,150
TXU CORP COM 873168108 3,711 80,117 SH SOLE 80,117
TYCO INTL LTD NEW NEW COM 902124106 27,453 603,365 SH SOLE 603,365
UNILEVER N V NY SHS 904784709 9,618 178,039 SH SOLE 178,039
NEW
UNION PAC CORP COM 907818108 3,621 77,200 SH SOLE 77,200
UNION PLANTERS CORP COM 908068109 1,832 42,700 SH SOLE 42,700
UNISYS CORP COM 909214108 855 98,700 SH SOLE 98,700
UNITEDHEALTH GROUP INC COM 91324P102 6,570 98,796 SH SOLE 98,796
UNITED TECHNOLOGIES CORP COM 913017109 6,822 146,700 SH SOLE 146,700
UNIVISION COMMUNICATIONS INC CL A 914906102 1,489 64,900 SH SOLE 64,900
FAIR MARKET VALUE 135,294
UNOCAL CORP COM 915289102 2,464 75,800 SH SOLE 75,800
UNUMPROVIDENT CORP COM 91529Y106 1,898 75,176 SH SOLE 75,176
US AIRWAYS GROUP INC COM 911905107 97 20,900 SH SOLE 20,900
US BANCORP DEL COM NEW 902973304 13,168 593,679 SH SOLE 593,679
USA ED INC COM 90390U102 4,204 50,700 SH SOLE 50,700
UST INC COM 902911106 1,690 50,893 SH SOLE 50,893
USX MARATHON GROUP COM NEW 902905827 2,571 96,100 SH SOLE 96,100
USX-U S STL COM 90337T101 387 27,700 SH SOLE 27,700
V F CORP COM 918204108 1,019 34,800 SH SOLE 34,800
VERITAS SOFTWARE CO COM 923436109 2,283 123,780 SH SOLE 123,780
VERIZON COMMUNICATIONS COM 92343V104 45,593 842,603 SH SOLE 842,603
VIACOM INC CL B 925524308 19,136 554,670 SH SOLE 554,670
VISTEON CORP COM 92839U107 520 40,808 SH SOLE 40,808
VITESSE SEMICONDUCTOR CORP COM 928497106 442 57,000 SH SOLE 57,000
VULCAN MATLS CO COM 929160109 1,361 31,500 SH SOLE 31,500
WACHOVIA CORP 2ND NEW COM 929903102 13,544 436,906 SH SOLE 436,906
WAL MART STORES INC COM 931142103 68,952 1,392,966 SH SOLE 1,392,966
WALGREEN CO COM 931422109 10,918 317,100 SH SOLE 317,100
WASHINGTON MUTUAL INC COM 939322103 10,522 273,434 SH SOLE 273,434
WASTE MGMT INC DEL COM 94106L109 5,211 194,871 SH SOLE 194,871
WATSON PHARMACEUTICALS INC COM 942683103 1,805 33,000 SH SOLE 33,000
WELLPOINT HEALTH NETWORK INC NEW COM 94973H108 2,161 19,800 SH SOLE 19,800
WELLS FARGO & CO COM 949746101 23,766 534,674 SH SOLE 534,674
WENDYS INTL INC COM 950590109 946 35,485 SH SOLE 35,485
WESTVACO CORP COM 961548104 806 31,350 SH SOLE 31,350
WEYERHAEUSER CO COM 962166104 3,267 67,070 SH SOLE 67,070
WHIRLPOOL CORP COM 963320106 1,151 20,800 SH SOLE 20,800
WILLAMETTE INDS INC COM 969133107 1,539 34,200 SH SOLE 34,200
WILLIAMS COMMUNICATIONS GROUP CL A 969455104 10,733 9,096,093 SH SOLE 9,096,093
WILLIAMS COS INC COM 969457100 4,136 151,492 SH SOLE 151,492
WIND RIVER SYSTEMS INC COM 973149107 134 12,807 SH SOLE 12,807
WINN DIXIE STORES INC COM 974280109 500 43,700 SH SOLE 43,700
WORLDCOM INC GA NEW COM 98157D106 13,533 899,768 SH SOLE 899,768
WORTHINGTON INDS INC COM 981811102 299 26,600 SH SOLE 26,600
WRIGLEY WM JR CO COM 982526105 3,612 70,400 SH SOLE 70,400
FAIR MARKET VALUE 274,368
XCEL ENERGY INC COM 98389B100 3,009 106,905 SH SOLE 106,905
XEROX CORP COM 984121103 1,676 216,300 SH SOLE 216,300
XILINX INC COM 983919101 3,595 152,788 SH SOLE 152,788
YAHOO INC COM 984332106 1,557 176,700 SH SOLE 176,700
ZIMMER HLDGS INC COM 98956P102 1,681 60,588 SH SOLE 60,588
ZIONS BANCORPORATION COM 989701107 1,535 28,600 SH SOLE 28,600
FAIR MARKET VALUE 13,053
FAIR MARKET VALUE REPORT TOTAL: 3,112,322