UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 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:
Ravi Jacob, Vice President and Asst. Treasurer (408) 765-1168
---------------------------------------------------------------
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/Ravi Jacob Santa Clara, California February 12, 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: -2-
Form 13F Information Table Entry Total: 520
Form 13F Information Table Value Total: $3,332,283
*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
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.
12/31/01
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 26,567 476,534 SH SOLE 476,534
ADC TELECOMMUNICATIONS COM 000886101 1,114 242,200 SH SOLE 242,200
ADOBE SYS INC COM 00724F101 2,260 72,800 SH SOLE 72,800
ADVANCED MICRO DEVICES INC COM 007903107 1,652 104,158 SH SOLE 104,158
AES CORP COM 00130H105 2,675 163,600 SH SOLE 163,600
AETNA INC NEW COM 00817Y108 1,450 43,945 SH SOLE 43,945
AFLAC INC COM 001055102 3,935 160,200 SH SOLE 160,200
AGILENT TECHNOLOGIES INC COM 00846U101 4,029 141,323 SH SOLE 141,323
AIR PRODS & CHEMS INC COM 009158106 3,270 69,700 SH SOLE 69,700
ALBERTO CULVER CO CL B CONV 013068101 778 17,400 SH SOLE 17,400
ALBERTSONS INC COM 013104104 3,928 124,741 SH SOLE 124,741
ALCAN INC COM 013716105 3,537 98,449 SH SOLE 98,449
ALCOA INC COM 013817101 9,268 260,692 SH SOLE 260,692
ALLEGHENY ENERGY INC COM 017361106 1,391 38,400 SH SOLE 38,400
ALLEGHENY TECHNOLOGIES INC COM 01741R102 413 24,664 SH SOLE 24,664
ALLERGAN INC COM 018490102 3,025 40,300 SH SOLE 40,300
ALLIED WASTE INDS INC COM PAR 019589308 849 60,400 SH SOLE 60,400
$.01NEW
ALLSTATE CORP COM 020002101 7,372 218,760 SH SOLE 218,760
ALLTEL CORP COM 020039103 5,883 95,300 SH SOLE 95,300
ALTERA CORP COM 021441100 2,508 118,200 SH SOLE 118,200
AMBAC FINL GROUP INC COM 023139108 1,875 32,400 SH SOLE 32,400
AMERADA HESS CORP COM 023551104 1,700 27,200 SH SOLE 27,200
AMEREN CORP COM 023608102 1,787 42,250 SH SOLE 42,250
AMERICAN ELEC PWR INC COM 025537101 4,307 98,932 SH SOLE 98,932
AMERICAN EXPRESS CO COM 025816109 14,611 409,384 SH SOLE 409,384
AMERICAN GREETINGS CORP CL A 026375105 269 19,545 SH SOLE 19,545
AMERICAN HOME PRODS CORP COM 026609107 24,841 404,836 SH SOLE 404,836
AMERICAN INTL GROUP INC COM 026874107 63,655 801,706 SH SOLE 801,706
AMERICAN PWR CONVERSION CORP COM 029066107 869 60,100 SH SOLE 60,100
AMERICAN TOWER CORP CL A 029912201 138 14,743 SH SOLE 14,743
AMERISOURCEBERGEN CORP COM 03073E105 2,002 31,500 SH SOLE 31,500
FAIR MARKET VALUE PAGE TOTAL 201,958
AMGEN INC COM 031162100 18,106 320,800 SH SOLE 320,800
AMR CORP COM 001765106 1,051 47,400 SH SOLE 47,400
AMSOUTH BANCORPORATION COM 032165102 2,113 111,800 SH SOLE 111,800
ANADARKO PETE CORP COM 032511107 4,342 76,376 SH SOLE 76,376
ANALOG DEVICES INC COM 032654105 4,927 111,000 SH SOLE 111,000
ANDREW CORP COM 034425108 546 24,925 SH SOLE 24,925
ANHEUSER BUSCH COS INC COM 035229103 12,265 271,300 SH SOLE 271,300
AOL TIME WARNER INC COM 00184A105 43,606 1,358,446 SH SOLE 1,358,446
AON CORP COM 037389103 2,934 82,590 SH SOLE 82,590
APACHE CORP COM 037411105 2,101 42,130 SH SOLE 42,130
APPLE COMPUTER INC COM 037833100 2,359 107,700 SH SOLE 107,700
APPLERA CORP COM AP 038020103 2,556 65,100 SH SOLE 65,100
BIO GRP
APPLIED MATLS INC COM 038222105 10,382 258,905 SH SOLE 258,905
APPLIED MICRO CIRCUITS CORP COM 03822W109 1,037 91,600 SH SOLE 91,600
ARCHER DANIELS MIDLAND CO COM 039483102 2,912 202,936 SH SOLE 202,936
ASHLAND INC COM 044204105 977 21,200 SH SOLE 21,200
ASIACONTENT.COM, LTD. SHS CL A G05354116 404 561,134 SH DEFINED 561,134
NEW
AT&T CORP COM 001957109 19,694 1,085,672 SH SOLE 1,085,672
AT&T WIRELESS SVCS INC COM 00209A106 11,159 776,543 SH SOLE 776,543
AUTODESK INC COM 052769106 626 16,800 SH SOLE 16,800
AUTOMATIC DATA PROCESSING INC COM 053015103 11,150 189,302 SH SOLE 189,302
AUTOZONE INC COM 053332102 2,377 33,100 SH SOLE 33,100
AVAYA INC COM 053499109 1,070 88,036 SH SOLE 88,036
AVERY DENNISON CORP COM 053611109 1,905 33,700 SH SOLE 33,700
AVON PRODS INC COM 054303102 3,372 72,514 SH SOLE 72,514
BAKER HUGHES INC COM 057224107 3,758 103,030 SH SOLE 103,030
BALL CORP COM 058498106 594 8,400 SH SOLE 8,400
BANK NEW YORK INC COM 064057102 9,221 226,004 SH SOLE 226,004
BANK OF AMERICA CORPORATION COM 060505104 30,390 482,763 SH SOLE 482,763
BANK ONE CORP COM 06423A103 13,974 357,838 SH SOLE 357,838
BARD C R INC COM 067383109 1,013 15,700 SH SOLE 15,700
FAIR MARKET VALUE PAGE TOTAL 222,921
BARRICK GOLD CORP COM 067901108 2,625 164,579 SH SOLE 164,579
BAUSCH & LOMB INC COM 071707103 618 16,400 SH SOLE 16,400
BAXTER INTL INC COM 071813109 9,715 181,140 SH SOLE 181,140
BB&T CORP COM 054937107 5,019 139,000 SH SOLE 139,000
BEAR STEARNS COS INC COM 073902108 1,692 28,861 SH SOLE 28,861
BECTON DICKINSON & CO COM 075887109 2,632 79,400 SH SOLE 79,400
BED BATH & BEYOND INC COM 075896100 3,017 89,000 SH SOLE 89,000
BELLSOUTH CORP COM 079860102 21,976 576,044 SH SOLE 576,044
BEMIS INC COM 081437105 797 16,200 SH SOLE 16,200
BEST BUY INC COM 086516101 4,819 64,700 SH SOLE 64,700
BIG LOTS INC COM 089302103 364 35,000 SH SOLE 35,000
BIOGEN INC COM 090597105 2,604 45,400 SH SOLE 45,400
BIOMET INC COM 090613100 2,559 82,800 SH SOLE 82,800
BLACK & DECKER CORP COM 091797100 924 24,500 SH SOLE 24,500
BLOCK H & R INC COM 093671105 2,517 56,300 SH SOLE 56,300
BMC SOFTWARE INC COM 055921100 1,226 74,900 SH SOLE 74,900
BOEING CO COM 097023105 9,969 257,061 SH SOLE 257,061
BOISE CASCADE CORP COM 097383103 604 17,755 SH SOLE 17,755
BOSTON SCIENTIFIC CORP COM 101137107 2,986 123,804 SH SOLE 123,804
BRISTOL MYERS SQUIBB CO COM 110122108 30,283 593,784 SH SOLE 593,784
BROADCOM CORP CL A 111320107 3,298 80,500 SH SOLE 80,500
BROWN FORMAN CORP CL B 115637209 1,315 21,000 SH SOLE 21,000
BRUNSWICK CORP COM 117043109 588 27,000 SH SOLE 27,000
BURLINGTON NORTHN SANTA FE CP COM 12189T104 3,386 118,673 SH SOLE 118,673
BURLINGTON RES INC COM 122014103 2,312 61,580 SH SOLE 61,580
CADENCE DESIGN SYSTEMS, INC. COM 127387108 558 24,901 SH SOLE 24,901
CALPINE CORP COM 131347106 1,573 93,700 SH SOLE 93,700
CAMPBELL SOUP CO COM 134429109 3,755 125,700 SH SOLE 125,700
CAPITAL ONE FINL CORP COM 14040H105 3,555 65,900 SH SOLE 65,900
CARDINAL HEALTH INC COM 14149Y108 8,946 138,350 SH SOLE 138,350
CARNIVAL CORP COM 143658102 5,049 179,800 SH SOLE 179,800
FAIR MARKET VALUE PAGE TOTAL 141,281
CATERPILLAR INC DEL COM 149123101 5,504 105,344 SH SOLE 105,344
CENDANT CORP COM 151313103 5,905 301,136 SH SOLE 301,136
CENTEX CORP COM 152312104 1,062 18,600 SH SOLE 18,600
CENTURYTEL INC COM 156700106 1,417 43,200 SH SOLE 43,200
CHARTER ONE FINL INC COM 160903100 1,873 68,972 SH SOLE 68,972
CHEVRONTEXACO CORP COM 166764100 29,341 327,432 SH SOLE 327,432
CHIRON CORP COM 170040109 2,547 58,100 SH SOLE 58,100
CHUBB CORP COM 171232101 3,593 52,077 SH SOLE 52,077
CIENA CORP COM 171779101 1,437 100,400 SH SOLE 100,400
CIGNA CORP COM 125509109 4,114 44,400 SH SOLE 44,400
CINCINNATI FINL CORP COM 172062101 1,892 49,600 SH SOLE 49,600
CINERGY CORP COM 172474108 1,631 48,800 SH SOLE 48,800
CINTAS CORP COM 172908105 2,519 52,100 SH SOLE 52,100
CIRCUIT CITY STORE INC COM 172737108 1,658 63,900 SH SOLE 63,900
CISCO SYS INC. COM 17275R102 41,336 2,281,801 SH SOLE 2,281,801
CITIGROUP INC COM 172967101 79,693 1,578,710 SH SOLE 1,578,710
CITIZENS COMMUNICATIONS CO COM 17453B101 916 85,900 SH SOLE 85,900
CITRIX SYS INC COM 177376100 1,305 57,600 SH SOLE 57,600
CLEAR CHANNEL COMMUNICATIONS COM 184502102 9,337 183,400 SH SOLE 183,400
CLOROX CO DEL COM 189054109 2,824 71,400 SH SOLE 71,400
CMS ENERGY CORP COM 125896100 980 40,800 SH SOLE 40,800
COCA COLA CO COM 191216100 35,980 763,104 SH SOLE 763,104
COCA COLA ENTERPRISES INC COM 191219104 2,583 136,400 SH SOLE 136,400
COLGATE PALMOLIVE CO COM 194162103 9,777 169,300 SH SOLE 169,300
COMCAST CORP CL A SPL 200300200 10,440 290,000 SH SOLE 290,000
COMERICA INC COM 200340107 3,127 54,567 SH SOLE 54,567
COMPAQ COMPUTER CORP COM 204493100 5,074 519,900 SH SOLE 519,900
COMPUTER ASSOC INTL INC COM 204912109 6,095 176,725 SH SOLE 176,725
COMPUTER SCIENCES CORP COM 205363104 2,562 52,300 SH SOLE 52,300
COMPUWARE CORP COM 205638109 1,345 114,100 SH SOLE 114,100
COMVERSE TECHNOLOGY INC COM PAR 205862402 1,273 56,900 SH SOLE 56,900
$0.10
FAIR MARKET VALUE PAGE TOTAL 279,140
CONAGRA FOODS INC COM 205887102 3,920 164,914 SH SOLE 164,914
CONCORD EFS INC COM 206197105 5,068 154,600 SH SOLE 154,600
CONEXANT SYSTEMS INC COM 207142100 1,123 78,200 SH SOLE 78,200
CONOCO INC COM 208251504 5,431 191,900 SH SOLE 191,900
CONSECO INC COM 208464107 472 105,745 SH SOLE 105,745
CONSOLIDATED EDISON INC COM 209115104 2,631 65,200 SH SOLE 65,200
CONSTELLATION ENGY GRP INC COM 210371100 1,335 50,300 SH SOLE 50,300
CONVERGYS CORP COM 212485106 1,979 52,800 SH SOLE 52,800
COOPER INDS INC COM 216669101 1,006 28,800 SH SOLE 28,800
COOPER TIRE & RUBR CO COM 216831107 356 22,300 SH SOLE 22,300
COORS ADOLPH CO CL B 217016104 593 11,100 SH SOLE 11,100
CORNING INC COM 219350105 2,589 290,200 SH SOLE 290,200
COSTCO WHSL CORP NEW COM 22160K105 6,160 138,800 SH SOLE 138,800
COUNTRYWIDE CR INDS INC DEL COM 222372104 1,536 37,500 SH SOLE 37,500
CRANE CO COM 224399105 469 18,300 SH SOLE 18,300
CROSSROADS SYS INC. COM 22765D100 3,314 738,146 SH SOLE 738,146
CSX CORP COM 126408103 2,292 65,400 SH SOLE 65,400
CUMMINS INC COM 231021106 489 12,700 SH SOLE 12,700
CVS CORP COM 126650100 3,549 119,900 SH SOLE 119,900
DANA CORP COM 235811106 633 45,610 SH SOLE 45,610
DANAHER CORP DEL COM 235851102 2,648 43,900 SH SOLE 43,900
DARDEN RESTAURANTS INC COM 237194105 1,264 35,700 SH SOLE 35,700
DEERE & CO COM 244199105 3,144 72,000 SH SOLE 72,000
DELL COMPUTER CORP COM 247025109 21,771 801,000 SH SOLE 801,000
DELPHI AUTOMOTIVE SYS CORP COM 247126105 2,349 171,975 SH SOLE 171,975
DELTA AIR LINES INC DEL COM 247361108 1,109 37,900 SH SOLE 37,900
DELUXE CORP COM 248019101 844 20,300 SH SOLE 20,300
DEVON ENERGY CORP NEW COM 25179M103 1,492 38,600 SH SOLE 38,600
DILLARDS INC CL A 254067101 410 25,600 SH SOLE 25,600
DISNEY WALT CO COM 254687106 12,963 625,642 SH SOLE 625,642
DISNEY
DOLLAR GEN CORP COM 256669102 1,511 101,411 SH SOLE 101,411
FAIR MARKET VALUE PAGE TOTAL 94,450
DOMINION RES INC VA NEW COM 25746U109 4,849 80,684 SH SOLE 80,684
DONNELLEY R R & SONS CO COM 257867101 1,045 35,200 SH SOLE 35,200
DOVER CORP COM 260003108 2,306 62,200 SH SOLE 62,200
DOW CHEM CO COM 260543103 9,349 276,759 SH SOLE 276,759
DOW JONES & CO INC COM 260561105 1,428 26,100 SH SOLE 26,100
DTE ENERGY CO COM 233331107 2,097 50,000 SH SOLE 50,000
DU PONT E I DE NEMOURS & CO COM 263534109 13,373 314,594 SH SOLE 314,594
DUKE ENERGY CORP COM 264399106 9,355 238,294 SH SOLE 238,294
DYNEGY INC NEW CL A 26816Q101 2,746 107,700 SH SOLE 107,700
EASTMAN CHEM CO COM 277432100 923 23,646 SH SOLE 23,646
EASTMAN KODAK CO COM 277461109 2,629 89,331 SH SOLE 89,331
EATON CORP COM 278058102 1,585 21,300 SH SOLE 21,300
ECOLAB INC COM 278865100 1,578 39,200 SH SOLE 39,200
EDISON INTL COM 281020107 1,510 100,000 SH SOLE 100,000
EL PASO CORP COM 28336L109 6,989 156,680 SH SOLE 156,680
ELECTRONIC DATA SYS NEW COM 285661104 9,967 145,400 SH SOLE 145,400
EMC CORP MASS COM 268648102 9,138 679,906 SH SOLE 679,906
EMERSON ELEC CO COM 291011104 7,497 131,300 SH SOLE 131,300
EMULEX CORP COM NEW 292475209 3,082 78,016 SH SOLE 78,016
ENGELHARD CORP COM 292845104 1,104 39,900 SH SOLE 39,900
ENTERGY CORP NEW COM 29364G103 2,652 67,800 SH SOLE 67,800
EOG RES INC COM 26875P101 1,384 35,400 SH SOLE 35,400
EQUIFAX INC COM 294429105 1,075 44,500 SH SOLE 44,500
EQUITY OFFICE PROPERTIES TRUST COM 294741103 3,823 127,100 SH SOLE 127,100
EQUITY RESIDENTIAL PPTYS TR SH BEN 29476L107 2,386 83,100 SH SOLE 83,100
INT
EXELON CORP COM 30161N101 4,716 98,487 SH SOLE 98,487
EXXON MOBIL CORP COM 30231G102 82,499 2,099,218 SH SOLE 2,099,218
FAMILY DLR STORES INC COM 307000109 1,586 52,900 SH SOLE 52,900
FEDERAL NATL MTG ASSN COM 313586109 24,375 306,600 SH SOLE 306,600
FEDERATED DEPT STORES INC DEL COM 31410H101 2,421 59,202 SH SOLE 59,202
FEDEX CORP COM 31428X106 4,749 91,540 SH SOLE 91,540
FAIR MARKET VALUE PAGE TOTAL 224,216
FIFTH THIRD BANCORP COM 316773100 10,912 177,273 SH SOLE 177,273
FIRST DATA CORP COM 319963104 9,186 117,100 SH SOLE 117,100
FIRSTENERGY CORP COM 337932107 3,197 91,400 SH SOLE 91,400
FISERV INC COM 337738108 2,429 57,400 SH SOLE 57,400
FLEET BOSTON FINL CORP COM 339030108 11,706 320,721 SH SOLE 320,721
FLUOR CORP NEW COM 343412102 916 24,500 SH SOLE 24,500
FMC CORP COM NEW 302491303 565 9,500 SH SOLE 9,500
FORD MTR CO DEL COM PAR 345370860 8,736 555,743 SH SOLE 555,743
$0.01
FOREST LABS INC COM 345838106 4,474 54,600 SH SOLE 54,600
FORTUNE BRANDS INC COM 349631101 1,804 45,576 SH SOLE 45,576
FPL GROUP INC COM 302571104 3,048 54,035 SH SOLE 54,035
FRANKLIN RES INC COM 354613101 2,822 80,000 SH SOLE 80,000
FEDERAL HOME LN MTG CORP COM 313400301 13,945 213,232 SH SOLE 213,232
FREEPORT MCMORAN COPPER & GOLD CL B 35671D857 592 44,180 SH SOLE 44,180
GANNETT INC COM 364730101 5,466 81,300 SH SOLE 81,300
GAP INC DEL COM 364760108 3,690 264,674 SH SOLE 264,674
GATEWAY INC COM 367626108 800 99,500 SH SOLE 99,500
GENERAL DYNAMICS CORP COM 369550108 4,930 61,900 SH SOLE 61,900
GENERAL ELEC CO COM 369604103 122,107 3,046,580 SH SOLE 3,046,580
GENERAL MLS INC COM 370334104 5,815 111,800 SH SOLE 111,800
GENERAL MTRS CORP COM 370442105 8,285 170,470 SH SOLE 170,470
GENUINE PARTS CO COM 372460105 1,951 53,150 SH SOLE 53,150
GENZYME CORP COM GENL 372917104 3,885 64,900 SH SOLE 64,900
DIV
GEORGIA PAC CORP COM GA 373298108 1,947 70,506 SH SOLE 70,506
PAC GRP
GILLETTE CO COM 375766102 10,815 323,800 SH SOLE 323,800
GOLDEN WEST FINL CORP DEL COM 381317106 2,848 48,400 SH SOLE 48,400
GOODRICH CORP COM 382388106 833 31,300 SH SOLE 31,300
GOODYEAR TIRE & RUBR CO COM 382550101 1,193 50,100 SH SOLE 50,100
GRAINGER W W INC COM 384802104 1,378 28,700 SH SOLE 28,700
GREAT LAKES CHEM CORP COM 390568103 374 15,400 SH SOLE 15,400
FAIR MARKET VALUE PAGE TOTAL 250,649
GUIDANT CORP COM 401698105 4,656 93,500 SH SOLE 93,500
HALLIBURTON CO COM 406216101 1,726 131,750 SH SOLE 131,750
HANCOCK JOHN FINL SVCS INC COM 41014S106 3,787 91,700 SH SOLE 91,700
HARLEY DAVIDSON INC COM 412822108 5,045 92,900 SH SOLE 92,900
HARRAHS ENTMT INC COM 413619107 1,271 34,350 SH SOLE 34,350
HARTFORD FINL SVCS GROUP INC COM 416515104 4,733 75,336 SH SOLE 75,336
HASBRO INC COM 418056107 863 53,150 SH SOLE 53,150
HCA INC COM 404119109 6,091 158,050 SH SOLE 158,050
HEALTH MGMT ASSOC INC NEW CL A 421933102 1,386 75,300 SH SOLE 75,300
HEALTHSOUTH CORP COM 421924101 1,783 120,300 SH SOLE 120,300
HEINZ H J CO COM 423074103 4,420 107,500 SH SOLE 107,500
HERCULES INC COM 427056106 333 33,304 SH SOLE 33,304
HERSHEY FOODS CORP COM 427866108 2,816 41,600 SH SOLE 41,600
HEWLETT PACKARD CO COM 428236103 12,229 595,376 SH SOLE 595,376
HILTON HOTELS CORP COM 432848109 1,237 113,300 SH SOLE 113,300
HOME DEPOT INC COM 437076102 36,679 719,050 SH SOLE 719,050
HONEYWELL INTL INC COM 438516106 8,440 249,544 SH SOLE 249,544
HOUSEHOLD INTL INC COM 441815107 8,138 140,448 SH SOLE 140,448
HUMANA INC COM 444859102 610 51,700 SH SOLE 51,700
HUNTINGTON BANCSHARES INC COM 446150104 1,324 77,022 SH SOLE 77,022
INTERNATIONAL BUSINESS MACHS COM 459200101 63,951 528,696 SH SOLE 528,696
ILLINOIS TOOL WKS INC COM 452308109 6,332 93,500 SH SOLE 93,500
IMMUNEX CORP NEW COM 452528102 4,633 167,200 SH SOLE 167,200
IMS HEALTH INC COM 449934108 1,770 90,700 SH SOLE 90,700
INCO LTD COM 453258402 946 55,842 SH SOLE 55,842
INGERSOLL RAND CO COM 456866102 2,151 51,450 SH SOLE 51,450
INTEL CORP COM 458140100 60,440 1,921,772 SH SOLE 1,921,772
INTERACTIVE INTELLIGENCE, INC. COM 45839M103 4,170 600,000 SH DEFINED 600,000
INTERNATIONAL GAME TECHNOLOGY COM 459902102 1,523 22,300 SH SOLE 22,300
INTL PAPER CO COM 460146103 5,970 147,965 SH SOLE 147,965
INTERPUBLIC GROUP COS INC COM 460690100 3,424 115,900 SH SOLE 115,900
FAIR MARKET VALUE PAGE TOTAL 262,877
INTL FLAVORS & FRAGRANCES INC COM 459506101 863 29,043 SH SOLE 29,043
INTUIT COM 461202103 2,784 65,100 SH SOLE 65,100
ITT INDS INC IND COM 450911102 1,368 27,085 SH SOLE 27,085
J P MORGAN CHASE & CO COM 46625H100 22,005 605,377 SH SOLE 605,377
JABIL CIRCUIT INC COM 466313103 1,375 60,500 SH SOLE 60,500
JDS UNIPHASE CORP COM 46612J101 3,555 407,400 SH SOLE 407,400
JEFFERSON PILOT CORP COM 475070108 2,138 46,212 SH SOLE 46,212
JOHNSON & JOHNSON COM 478160104 55,630 941,280 SH SOLE 941,280
JOHNSON CTLS INC COM 478366107 2,164 26,800 SH SOLE 26,800
JONES APPAREL GROUP INC COM 480074103 1,270 38,300 SH SOLE 38,300
K MART CORP COM 482584109 835 152,973 SH SOLE 152,973
KB HOME COM 48666K109 616 15,374 SH SOLE 15,374
KELLOGG CO COM 487836108 3,756 124,778 SH SOLE 124,778
KERR MCGEE CORP COM 492386107 1,686 30,767 SH SOLE 30,767
KEYCORP NEW COM 493267108 3,164 129,982 SH SOLE 129,982
KEYSPAN CORP COM 49337W100 1,476 42,600 SH SOLE 42,600
KIMBERLY CLARK CORP COM 494368103 9,640 161,200 SH SOLE 161,200
KINDER MORGAN INC KANS COM 49455P101 1,910 34,300 SH SOLE 34,300
KING PHARMACEUTICALS INC COM 495582108 3,175 75,366 SH SOLE 75,366
KLA TENCOR CORP COM 482480100 2,815 56,800 SH SOLE 56,800
KNIGHT RIDDER INC COM 499040103 1,675 25,800 SH SOLE 25,800
KOHLS CORP COM 500255104 7,241 102,800 SH SOLE 102,800
KROGER CO COM 501044101 5,147 246,600 SH SOLE 246,600
LEGGETT & PLATT INC COM 524660107 1,387 60,300 SH SOLE 60,300
LEHMAN BROS HLDGS INC COM 524908100 4,890 73,200 SH SOLE 73,200
LEXMARK INTL NEW CL A 529771107 2,354 39,900 SH SOLE 39,900
LILLY ELI & CO COM 532457108 27,094 344,970 SH SOLE 344,970
LIMITED INC COM 532716107 1,935 131,466 SH SOLE 131,466
LINCOLN NATL CORP IND COM 534187109 2,827 58,200 SH SOLE 58,200
LINEAR TECHNOLOGY CORP COM 535678106 3,791 97,100 SH SOLE 97,100
FAIR MARKET VALUE PAGE TOTAL 180,566
LIZ CLAIBORNE INC COM 539320101 801 16,100 SH SOLE 16,100
LOCKHEED MARTIN CORP COM 539830109 6,312 135,244 SH SOLE 135,244
LOEWS CORP COM 540424108 3,251 58,700 SH SOLE 58,700
LOGICVISION, INC. COM 54140W107 4,358 341,776 SH SOLE 341,776
LOUISIANA PAC CORP COM 546347105 271 32,100 SH SOLE 32,100
LOWES COS INC COM 548661107 11,032 237,700 SH SOLE 237,700
LSI LOGIC CORP COM 502161102 1,777 112,580 SH SOLE 112,580
LUCENT TECHNOLOGIES INC COM 549463107 6,591 1,047,746 SH SOLE 1,047,746
MAGMA DESIGN AUTOMATION COM 559181102 21,518 710,627 SH SOLE 710,627
MANOR CARE INC NEW COM 564055101 744 31,400 SH SOLE 31,400
MARRIOTT INTL INC NEW CL A 571903202 3,005 73,934 SH SOLE 73,934
MARSH & MCLENNAN COS INC COM 571748102 9,056 84,279 SH SOLE 84,279
MASCO CORP COM 574599106 3,452 140,900 SH SOLE 140,900
MATTEL INC COM 577081102 2,279 132,516 SH SOLE 132,516
MAXIM INTEGRATED PRODS INC COM 57772K101 5,204 99,100 SH SOLE 99,100
MAY DEPT STORES CO COM 577778103 3,395 91,800 SH SOLE 91,800
MAYTAG CORP COM 578592107 728 23,473 SH SOLE 23,473
MBIA INC COM 55262C100 2,437 45,450 SH SOLE 45,450
MBNA CORP COM 55262L100 9,202 261,430 SH SOLE 261,430
MCDERMOTT INTL INC COM 580037109 233 19,000 SH SOLE 19,000
MCDONALDS CORP COM 580135101 10,441 394,428 SH SOLE 394,428
MCGRAW HILL COS INC COM 580645109 3,617 59,316 SH SOLE 59,316
MCKESSON CORP COM 58155Q103 3,285 87,838 SH SOLE 87,838
MEAD CORP COM 582834107 939 30,400 SH SOLE 30,400
MEDIMMUNE INC COM 584699102 3,045 65,700 SH SOLE 65,700
MEDTRONIC INC COM 585055106 19,025 371,512 SH SOLE 371,512
MELLON FINL CORP COM 58551A108 5,397 143,460 SH SOLE 143,460
MERCK & CO INC COM 589331107 41,046 698,058 SH SOLE 698,058
MERCURY INTERACTIVE CORP COM 589405109 863 25,400 SH SOLE 25,400
MEREDITH CORP COM 589433101 538 15,100 SH SOLE 15,100
MERRILL LYNCH & CO INC COM 590188108 13,540 259,788 SH SOLE 259,788
FAIR MARKET VALUE PAGE TOTAL 197,382
METLIFE INC COM 59156R108 7,049 222,500 SH SOLE 222,500
MGIC INVT CORP WIS COM 552848103 2,031 32,900 SH SOLE 32,900
MICRON TECHNOLOGY INC COM 595112103 5,701 183,900 SH SOLE 183,900
MICROSOFT CORP COM 594918104 109,528 1,652,800 SH SOLE 1,652,800
MILLIPORE CORP COM 601073109 892 14,700 SH SOLE 14,700
MINNESOTA MNG & MFG CO COM 604059105 14,221 120,300 SH SOLE 120,300
MIRANT CORP COM 604675108 1,967 122,782 SH SOLE 122,782
MOLEX INC COM 608554101 1,860 60,100 SH SOLE 60,100
MOODYS CORP COM 615369105 1,905 47,800 SH SOLE 47,800
MORGAN STANLEY DEAN WTTER & CO COM NEW 617446448 18,827 336,558 SH SOLE 336,558
MOTOROLA INC COM 620076109 10,259 683,005 SH SOLE 683,005
NABORS INDS INC COM 629568106 1,483 43,200 SH SOLE 43,200
NATIONAL CITY CORP COM 635405103 5,436 185,926 SH SOLE 185,926
NATIONAL SEMICONDUCTOR CORP COM 637640103 1,663 54,000 SH SOLE 54,000
NAVISTAR INTL CORP NEW COM 63934E108 717 18,160 SH SOLE 18,160
NCR CORP NEW COM 62886E108 1,102 29,900 SH SOLE 29,900
NETWORK APPLIANCE INC COM 64120L104 2,222 101,600 SH SOLE 101,600
NEW YORK TIMES CO CL A 650111107 2,011 46,500 SH SOLE 46,500
NEWELL RUBBERMAID INC COM 651229106 2,255 81,806 SH SOLE 81,806
NEWMONT MINING CORP COM 651639106 1,149 60,114 SH SOLE 60,114
NEXTEL COMMUNICATIONS INC CL A 65332V103 2,685 245,000 SH SOLE 245,000
NIAGARA MOHAWK HLDGS INC COM 653520106 872 49,200 SH SOLE 49,200
NICOR INC COM 654086107 575 13,800 SH SOLE 13,800
NIKE INC CL B 654106103 4,640 82,500 SH SOLE 82,500
NISOURCE INC COM 65473P105 1,464 63,500 SH SOLE 63,500
NMS COMMUNICATIONS CORPORATION COM 629248105 163 33,774 SH DEFINED 33,774
NOBLE DRILLING CORP COM 655042109 1,382 40,600 SH SOLE 40,600
NORDSTROM INC COM 655664100 835 41,300 SH SOLE 41,300
NORFOLK SOUTHERN CORP COM 655844108 2,169 118,324 SH SOLE 118,324
NORTEL NETWORKS CORP NEW COM 656568102 7,363 982,236 SH SOLE 982,236
NORTHERN TR CORP COM 665859104 4,107 68,200 SH SOLE 68,200
NORTHROP GRUMMAN CORP COM 666807102 3,418 33,909 SH SOLE 33,909
FAIR MARKET VALUE PAGE TOTAL 221,951
NOVELL INC COM 670006105 510 111,095 SH SOLE 111,095
NOVELLUS SYS INC COM 670008101 1,736 44,000 SH SOLE 44,000
NUCOR CORP COM 670346105 1,266 23,900 SH SOLE 23,900
NVIDIA CORP COM 67066G104 2,970 44,400 SH SOLE 44,400
OCCIDENTAL PETE CORP DEL COM 674599105 3,043 114,700 SH SOLE 114,700
OFFICE DEPOT INC COM 676220106 1,746 94,200 SH SOLE 94,200
OMNICOM GROUP INC COM 681919106 5,102 57,100 SH SOLE 57,100
ORACLE CORP COM 68389X105 23,571 1,706,784 SH SOLE 1,706,784
PACCAR INC COM 693718108 1,542 23,500 SH SOLE 23,500
PACTIV CORP COM 695257105 867 48,830 SH SOLE 48,830
PALL CORP COM 696429307 902 37,500 SH SOLE 37,500
PALM INC COM 696642107 676 174,267 SH SOLE 174,267
PARAMETRIC TECHNOLOGY CORP COM 699173100 629 80,600 SH SOLE 80,600
PARKER HANNIFIN CORP COM 701094104 1,650 35,950 SH SOLE 35,950
PAYCHEX INC COM 704326107 4,023 114,875 SH SOLE 114,875
PENNEY J C INC COM 708160106 2,178 80,978 SH SOLE 80,978
PEOPLES ENERGY CORP COM 711030106 412 10,849 SH SOLE 10,849
PEOPLESOFT INC COM 712713106 3,735 92,900 SH SOLE 92,900
PEPSI BOTTLING GROUP COM 713409100 2,047 87,100 SH SOLE 87,100
PEPSICO INC COM 713448108 26,142 536,902 SH SOLE 536,902
PEREGRINE SYSTEMS, INC COM 71366Q101 182 12,265 SH SOLE 12,265
PEREGRINE SYSTEMS, INC COM 71366Q101 97 6,942 SH OTHER** 1 6,942
PEREGRINE SYSTEMS, INC COM 71366Q101 12 837 SH OTHER** 2 837
PEREGRINE SYSTEMS, INC COM 71366Q101 155 10,499 SH OTHER** 10,499
PERKINELMER INC COM 714046109 1,327 37,896 SH SOLE 37,896
PFIZER INC COM 717081103 76,885 1,929,370 SH SOLE 1,929,370
PG&E CORP COM 69331C108 2,286 118,798 SH SOLE 118,798
PHARMACIA CORP COM 71713U102 16,878 395,729 SH SOLE 395,729
PHELPS DODGE CORP COM 717265102 785 24,218 SH SOLE 24,218
PHILIP MORRIS COS INC COM 718154107 30,491 665,009 SH SOLE 665,009
FAIR MARKET VALUE PAGE TOTAL 213,845
PHILLIPS PETE CO COM 718507106 7,055 117,080 SH SOLE 117,080
PINNACLE SYS INC. COM 723481107 164 20,749 SH SOLE 20,749
PINNACLE WEST CAP CORP COM 723484101 1,088 26,000 SH SOLE 26,000
PITNEY BOWES INC COM 724479100 2,813 74,800 SH SOLE 74,800
PLACER DOME INC COM 725906101 1,100 100,800 SH SOLE 100,800
PMC SIERRA INC COM 69344F106 1,076 50,600 SH SOLE 50,600
PNC FINL SVCS GROUP INC COM 693475105 4,895 87,100 SH SOLE 87,100
POLYCOM, INC. COM 73172K104 7,251 210,777 SH DEFINED 210,777
POWER-ONE INC COM 739308104 252 24,200 SH SOLE 24,200
PPG INDS INC COM 693506107 2,672 51,672 SH SOLE 51,672
PPL CORP COM 69351T106 1,568 45,000 SH SOLE 45,000
PRAXAIR INC COM 74005P104 2,734 49,478 SH SOLE 49,478
PRICE T ROWE GROUP INC COM 74144T108 1,316 37,900 SH SOLE 37,900
PROCTER & GAMBLE CO COM 742718109 31,461 397,590 SH SOLE 397,590
PROGRESS ENERGY INC COM 743263105 3,025 67,176 SH SOLE 67,176
PROGRESSIVE CORP OHIO COM 743315103 3,359 22,500 SH SOLE 22,500
PROVIDIAN FINL CORP COM 74406A102 310 87,300 SH SOLE 87,300
PUBLIC SVC ENTERPRISE GROUP COM 744573106 2,689 63,744 SH SOLE 63,744
PULTE HOMES INC COM 745867101 809 18,100 SH SOLE 18,100
QLOGIC CORP COM 747277101 1,264 28,400 SH SOLE 28,400
QUALCOMM INC COM 747525103 11,847 234,600 SH SOLE 234,600
QUINTILES TRANSNATIONAL COM 748767100 590 36,700 SH SOLE 36,700
QWEST COMMUNICATIONS INTL INC COM 749121109 7,220 510,987 SH SOLE 510,987
RADIO SHACK CORP COM 750438103 1,656 55,000 SH SOLE 55,000
RADISYS CORP COM 750459109 22,609 1,150,030 SH SOLE 1,150,030
RAYTHEON CO COM NEW 755111507 3,895 119,956 SH SOLE 119,956
REEBOK INTL LTD COM 758110100 480 18,100 SH SOLE 18,100
REGIONS FINL CORP COM 758940100 2,096 69,800 SH SOLE 69,800
RELIANT ENERGY INC COM 75952J108 2,428 91,545 SH SOLE 91,545
FAIR MARKET VALUE PAGE TOTAL 129,722
ROBERT HALF INTL INC COM 770323103 1,436 53,800 SH SOLE 53,800
ROCKWELL COLLINS INC COM 774341101 1,100 56,400 SH SOLE 56,400
ROCKWELL INTL CORP NEW COM 773903109 1,007 56,400 SH SOLE 56,400
ROHM & HAAS CO COM 775371107 2,341 67,605 SH SOLE 67,605
ROWAN COS INC COM 779382100 558 28,800 SH SOLE 28,800
ROYAL DUTCH PETE CO NY REG 780257804 31,957 651,920 SH SOLE 651,920
GLD1.25
RYDER SYS INC COM 783549108 412 18,600 SH SOLE 18,600
SABRE HLDGS CORP CL A 785905100 1,735 40,963 SH SOLE 40,963
SAFECO CORP COM 786429100 1,221 39,200 SH SOLE 39,200
SAFEWAY INC COM NEW 786514208 6,430 154,000 SH SOLE 154,000
SANMINA-SCI CORP COM 800907107 3,182 159,900 SH SOLE 159,900
SAPIENT CORP COM 803062108 299 38,700 SH SOLE 38,700
SARA LEE CORP COM 803111103 5,342 240,300 SH SOLE 240,300
SBC COMMUNICATIONS INC COM 78387G103 40,406 1,031,556 SH SOLE 1,031,556
SCHERING PLOUGH CORP COM 806605101 16,091 449,340 SH SOLE 449,340
SCHLUMBERGER LTD COM 806857108 9,710 176,700 SH SOLE 176,700
SCHWAB CHARLES CORP NEW COM 808513105 6,489 419,450 SH SOLE 419,450
SCIENTIFIC ATLANTA INC COM 808655104 1,149 48,000 SH SOLE 48,000
SEALED AIR CORP NEW COM 81211K100 1,048 25,662 SH SOLE 25,662
SEARS ROEBUCK & CO COM 812387108 4,716 99,000 SH SOLE 99,000
SEMPRA ENERGY COM 816851109 1,561 63,572 SH SOLE 63,572
SHARPER IMAGE CORP. COM 820013100 158 13,282 SH SOLE 13,282
SHERWIN WILLIAMS CO COM 824348106 1,304 47,400 SH SOLE 47,400
SIEBEL SYS INC COM 826170102 3,970 141,900 SH SOLE 141,900
SIGMA ALDRICH CORP COM 826552101 887 22,500 SH SOLE 22,500
SIGNALSOFT CORP COM 82668M102 1,697 379,757 SH SOLE 379,757
SNAP ON INC COM 833034101 599 17,800 SH SOLE 17,800
SOLECTRON CORP COM 834182107 2,840 251,800 SH SOLE 251,800
SOUTHERN CO COM 842587107 5,410 213,400 SH SOLE 213,400
SOUTHTRUST CORP COM 844730101 2,593 105,100 SH SOLE 105,100
FAIR MARKET VALUE PAGE TOTAL 157,648
SOUTHWEST AIRLS CO COM 844741108 4,341 234,914 SH SOLE 234,914
SPEECHWORKS INTL INC. COM 84764M101 880 76,617 SH DEFINED 76,617
SPRINT CORP COM FON 852061100 5,466 272,196 SH SOLE 272,196
GROUP
SPRINT CORP PCS COM 852061506 7,383 302,448 SH SOLE 302,448
SER 1
ST JUDE MED INC COM 790849103 2,080 26,788 SH SOLE 26,788
ST PAUL COS INC COM 792860108 2,794 63,546 SH SOLE 63,546
STANDARD MICROSYSTEMS CORP. COM 853626109 23,940 1,542,506 SH SOLE 1,542,506
STANLEY WKS COM 854616109 1,222 26,240 SH SOLE 26,240
STAPLES INC COM 855030102 2,649 141,650 SH SOLE 141,650
STARBUCKS CORP COM 855244109 2,229 117,000 SH SOLE 117,000
STARWOOD HOTELS & RESORTS WRLDWD PAIRED 85590A203 1,812 60,700 SH SOLE 60,700
CTF
STATE STR CORP COM 857477103 5,215 99,800 SH SOLE 99,800
STILWELL FINL INC COM 860831106 1,848 67,900 SH SOLE 67,900
STRYKER CORP COM 863667101 3,526 60,400 SH SOLE 60,400
SUN MICROSYSTEMS INC COM 866810104 12,271 994,764 SH SOLE 994,764
SUNOCO INC COM 86764P109 902 24,145 SH SOLE 24,145
SUNTRUST BKS INC COM 867914103 5,552 88,550 SH SOLE 88,550
SUPERVALU INC COM 868536103 905 40,900 SH SOLE 40,900
SYMBOL TECHNOLOGIES, INC. COM 871508107 26,356 1,659,701 SH SOLE 1,659,701
SYNOVUS FINL CORP COM 87161C105 2,239 89,400 SH SOLE 89,400
SYSCO CORP COM 871829107 5,365 204,600 SH SOLE 204,600
TARGET CORP COM 87612E106 11,375 277,100 SH SOLE 277,100
TECO ENERGY INC COM 872375100 1,123 42,800 SH SOLE 42,800
TEKTRONIX INC COM 879131100 728 28,234 SH SOLE 28,234
TELLABS INC COM 879664100 1,890 125,800 SH SOLE 125,800
TEMPLE INLAND INC COM 879868107 857 15,100 SH SOLE 15,100
TENET HEALTHCARE CORP COM 88033G100 5,864 99,857 SH SOLE 99,857
TERADYNE INC COM 880770102 1,673 55,500 SH SOLE 55,500
TEXAS INSTRS INC COM 882508104 17,703 629,914 SH SOLE 629,914
TEXTRON INC COM 883203101 1,795 43,300 SH SOLE 43,300
FAIR MARKET VALUE PAGE TOTAL 161,983
THERMO ELECTRON CORP COM 883556102 1,300 54,500 SH SOLE 54,500
THOMAS & BETTS CORP COM 884315102 379 17,900 SH SOLE 17,900
TIFFANY & CO NEW COM 886547108 1,410 44,800 SH SOLE 44,800
TJX COS INC NEW COM 872540109 3,336 83,700 SH SOLE 83,700
TMP WORLDWIDE INC COM 872941109 1,459 34,000 SH SOLE 34,000
TORCHMARK CORP COM 891027104 1,498 38,100 SH SOLE 38,100
TOYS R US INC COM 892335100 1,263 60,900 SH SOLE 60,900
TRANSOCEAN SEDCO FOREX INC ORD G90078109 3,307 97,786 SH SOLE 97,786
TRIBUNE CO NEW COM 896047107 3,424 91,473 SH SOLE 91,473
TRICON GLOBAL RESTAURANTS COM 895953107 2,201 44,732 SH SOLE 44,732
TRW INC COM 872649108 1,433 38,700 SH SOLE 38,700
TUPPERWARE CORP COM 899896104 346 17,950 SH SOLE 17,950
TXU CORP COM 873168108 3,834 81,317 SH SOLE 81,317
TYCO INTL LTD NEW COM 902124106 36,057 612,165 SH SOLE 612,165
UNILEVER N V NY SHS 904784709 10,101 175,339 SH SOLE 175,339
NEW
UNION PAC CORP COM 907818108 4,349 76,300 SH SOLE 76,300
UNION PLANTERS CORP COM 908068109 1,904 42,200 SH SOLE 42,200
UNISYS CORP COM 909214108 1,228 97,900 SH SOLE 97,900
UNITED HEALTH GROUP INC COM 91324P102 6,772 95,696 SH SOLE 95,696
UNITED TECHNOLOGIES CORP COM 913017109 9,294 143,800 SH SOLE 143,800
UNIVISION COMMUNICATIONS INC CL A 914906102 2,610 64,500 SH SOLE 64,500
UNOCAL CORP COM 915289102 2,698 74,800 SH SOLE 74,800
UNUMPROVIDENT CORP COM 91529Y106 1,969 74,276 SH SOLE 74,276
US AIRWAYS GROUP INC COM 911905107 133 20,900 SH SOLE 20,900
US BANCORP DEL COM 902973304 12,530 598,679 SH SOLE 598,679
NEW
USA ED INC COM 90390U102 4,041 48,100 SH SOLE 48,100
UST INC COM 902911106 1,778 50,793 SH SOLE 50,793
USX MARATHON GROUP COM NEW 902905827 2,847 94,900 SH SOLE 94,900
USX U S STL COM 90337T101 496 27,400 SH SOLE 27,400
FAIR MARKET VALUE PAGE TOTAL 305,465
V F CORP COM 918204108 1,330 34,100 SH SOLE 34,100
VERITAS SOFTWARE CO COM 923436109 5,512 122,980 SH SOLE 122,980
VERIZON COMMUNICATIONS COM 92343V104 39,534 833,003 SH SOLE 833,003
VIACOM INC CL B 925524308 24,025 544,170 SH SOLE 544,170
VISTEON CORP COM 92839U107 600 39,908 SH SOLE 39,908
VITESSE SEMICONDUCTOR CORP COM 928497106 729 58,500 SH SOLE 58,500
VULCAN MATLS CO COM 929160109 1,491 31,100 SH SOLE 31,100
WACHOVIA CORP 2ND NEW COM 929903102 13,096 417,606 SH SOLE 417,606
WAL MART STORES INC COM 931142103 78,715 1,367,766 SH SOLE 1,367,766
WALGREEN CO COM 931422109 10,539 313,100 SH SOLE 313,100
WASHINGTON MUT INC COM 939322103 8,788 268,734 SH SOLE 268,734
WASTE MGMT INC DEL COM 94106L109 6,148 192,671 SH SOLE 192,671
WATSON PHARMACEUTICALS INC COM 942683103 1,023 32,600 SH SOLE 32,600
WELLPOINT HEALTH NETWORK NEW COM 94973H108 2,279 19,500 SH SOLE 19,500
WELLS FARGO & CO NEW COM 949746101 22,603 520,174 SH SOLE 520,174
WENDYS INTL INC COM 950590109 936 32,085 SH SOLE 32,085
WESTVACO CORP COM 961548104 892 31,350 SH SOLE 31,350
WEYERHAEUSER CO COM 962166104 3,589 66,370 SH SOLE 66,370
WHIRLPOOL CORP COM 963320106 1,503 20,500 SH SOLE 20,500
WILLAMETTE INDS INC COM 969133107 1,756 33,700 SH SOLE 33,700
WILLIAMS COS INC DEL COM 969457100 4,037 158,192 SH SOLE 158,192
WINN DIXIE STORES INC COM 974280109 616 43,200 SH SOLE 43,200
WORLDCOM INC GA NEW WORLDCOM 98157D106 12,742 904,968 SH SOLE 904,968
GP COM
WORTHINGTON INDS INC COM 981811102 372 26,200 SH SOLE 26,200
WRIGLEY WM JR CO COM 982526105 3,555 69,200 SH SOLE 69,200
XCEL ENERGY INC COM 98389B100 2,941 106,005 SH SOLE 106,005
FAIR MARKET VALUE PAGE TOTAL 249,351
XEROX CORP COM 984121103 2,302 220,900 SH SOLE 220,900
XILINX, INC COM 983919101 5,923 151,674 SH SOLE 151,674
XL CAP LTD CL A G98255105 3,718 40,700 SH SOLE 40,700
YAHOO INC COM 984332106 3,103 174,800 SH SOLE 174,800
ZIMMER HLDGS INC COM 98956P102 1,817 59,488 SH SOLE 59,488
ZIONS BANCORPORATION COM 989701107 1,483 28,200 SH SOLE 28,200
FAIR MARKET VALUE PAGE TOTAL 18,346
FAIR MARKET VALUE REPORT TOTAL: 3,332,283