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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, 2004
If amended report check here: |_| Amendment Number: ____
This Amendment (Check only one): |_| is a restatement
|_| adds new holding
entries.
PRIOR FILINGS FOR THE NOMURA GROUP WERE REPORTED UNDER THE NAME NOMURA
SECURITIES COMPANY, WITH CIK NUMBER 0000110097. SUBSEQUENT FILINGS WILL
BE MADE UNDER THE NAME NOMURA HOLDINGS, INC., CIK NUMBER 0001163653.
NOMURA HOLDINGS, INC. (NHI) IS THE PARENT HOLDING COMPANY OF A NUMBER
OF OPERATING SUBSIDIARIES, SOME OF WHICH ARE OR MAY BE INSTITUTIONAL
INVESTMENT MANAGERS FOR THE PURPOSES OF THE REPORTING REQUIREMENTS UNDER
SECTION 13(F) OF THE SECURITIES EXCHANGE ACT OF 1934 (THE ACT) AND THE RULES
PROMULGATED THEREUNDER. NHI ITSELF DOES NOT DIRECTLY EXERCISE INVESTMENT
DISCRETION WITH RESPECT TO ANY SECTION 13(F) SECURITIES POSITIONS. IN
THAT NHI'S OWNERSHIP INTEREST IN SUCH OPERATING SUBSIDIARIES IS DEEMED THE
EXERCISE OF INVESTMENT DISCRETION REGARDING CERTAIN OF SUCH SUBSIDIARIES'
MANAGED ACCOUNTS, THE INFORMATION REQUIRED BY FORM 13F IS REPORTED BY NHI
ON BEHALF OF CERTAIN OF NHI'S OPERATING SUBSIDIARIES WHICH ARE INSTITUTIONAL
INVESTMENT MANAGERS SUBJECT TO SECTION 13(F)OF THE ACT.
Nomura Holdings Inc.
--------------------------------------------------------------------------------
Name of Institutional Investment Manager
1-9-1, Nihonbashi, Chuo-ku, Tokyo 103-8011, Japan
--------------------------------------------------------------------------------
Business Address (Street) (City) (State) (Zip)
13F File Number: 001-15270
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, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
David A. Leibowitz Head of Compliance and Surveillance 212-667-9387
--------------------------------------------------------------------------------
Name (Title) (Phone)
/s/ David A.Leibowitz
------------------------------------------
(Manual Signature of Person Duly
Authorized to Submit This Report)
New York, NY February 14, 2005
------------------------------------------
(Place and Date of Signing)
Report Type:
[ ] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[X] 13F COMBINATION REPORT.
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 4
Form 13F Information Table Entry Total: 1076
Form 13F Information Table Value Total: $15,467,738
(thousands)
List of Other Included Managers:
Name and 13F file numbers of ALL Institutional Investment Managers with respect
to which this schedule is filed (other than the one filing this report): (List
in alphabetical order).
13F File No.: Name:
------------- ---------------------
6. 28-05739 Global Funds Management, S.A.
------------- ---------------------
2. 28-04985 Nomura International plc
------------- ---------------------
4. 28-04993 Nomura Securities (Bermuda)
------------- ---------------------
1. 28-04983 Nomura Securities International, Inc.
------------- ---------------------
1Page 1 05-02-10 16:19:43
0 FORM 13F
INFORMATION TABLE
QUARTER ENDING
12/31/2004
NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0ACE LTD ORD G0070K103 16,775 000000392399 SH DEFINED 01 SOLE
AMDOCS LTD ORD G02602103 225 000000008600 SH DEFINED 01 SOLE
APEX SILVER MINES LTD ORD G04074103 3,052 000000177700 SH DEFINED 01 SOLE
COOPER INDS LTD CL A G24182100 6,435 000000094798 SH DEFINED 01 SOLE
EVEREST RE GROUP LTD COM G3223R108 232 000000002600 SH DEFINED 01 SOLE
GARMIN LTD ORD G37260109 1,556 000000025576 SH DEFINED 01 SOLE
INGERSOLL-RAND COMPANY LTD CL A G4776G101 14,197 000000176805 SH DEFINED 01 SOLE
MARVELL TECHNOLOGY GROUP LTD ORD G5876H105 2,147 000000060548 SH DEFINED 01 SOLE
NABORS INDUSTRIES LTD SHS G6359F103 7,950 000000155002 SH DEFINED 01 SOLE
NOBLE CORPORATION SHS G65422100 6,927 000000139276 SH DEFINED 01 SOLE
PARTNERRE LTD COM G6852T105 204 000000003300 SH DEFINED 01 SOLE
PLATINUM UNDERWRITER HLDGS L COM G7127P100 3,887 000000125000 SH DEFINED 01 SOLE
PRIMUS GUARANTY LTD SHS G72457107 2,458 000000150000 SH DEFINED 01 SOLE
SINA CORP ORD G81477104 302 000000009435 SH DEFINED 01 SOLE
HILFIGER TOMMY CORP ORD G8915Z102 798 000000070800 SH DEFINED 01 SOLE
TRANSOCEAN INC ORD G90078109 14,212 000000335270 SH DEFINED 01 SOLE
GOLAR LNG LTD BERMUDA SHS G9456A100 1,861 000000125000 SH DEFINED 01 SOLE
WEATHERFORD INTERNATIONAL LT COM G95089101 338 000000006600 SH DEFINED 01 SOLE
XL CAP LTD CL A G98255105 11,259 000000145006 SH DEFINED 01 SOLE
CHECK POINT SOFTWARE TECH LT ORD M22465104 1,682 000000068312 SH DEFINED 01 SOLE
GILAT SATELLITE NETWORKS LTD SHS NEW M51474118 2,527 000000415000 SH DEFINED 01 SOLE
STELMAR SHIPPING LTD COM V8726M103 4,771 000000100000 SH DEFINED 01 SOLE
FLEXTRONICS INTL LTD ORD Y2573F102 2,782 000000201309 SH DEFINED 01 SOLE
GENERAL MARITIME CORP SHS Y2692M103 523 000000013100 SH DEFINED 01 SOLE
A D C TELECOMMUNICATIONS COM 000886101 2,305 000000860350 SH DEFINED 01 SOLE
AFLAC INC COM 001055102 20,723 000000520158 SH DEFINED 01 SOLE
AGCO CORP COM 001084102 293 000000013400 SH DEFINED 01 SOLE
AGL RES INC COM 001204106 212 000000006400 SH DEFINED 01 SOLE
AES CORP COM 00130H105 10,667 000000780375 SH DEFINED 01 SOLE
ATI TECHNOLOGIES INC COM 001941103 2,752 000000141956 SH DEFINED 01 SOLE
AT&T CORP COM NEW 001957505 15,677 000000822517 SH DEFINED 01 SOLE
ABBOTT LABS COM 002824100 74,832 000001604122 SH DEFINED 01 SOLE
ACTUANT CORP SDCV 2.00 00508XAB0 1,456 000000010000 PRN DEFINED 01 SOLE
ADAPTEC INC COM 00651F108 99 000000013062 SH DEFINED 01 SOLE
ADOBE SYS INC COM 00724F101 18,911 000000301419 SH DEFINED 01 SOLE
ADOLOR CORP COM 00724X102 308 000000031136 SH DEFINED 01 SOLE
ADTRAN INC COM 00738A106 396 000000020716 SH DEFINED 01 SOLE
ADVANCED MEDICAL OPTICS INC COM 00763M108 231 000000005615 SH DEFINED 01 SOLE
AEROPOSTALE COM 007865108 211 000000007199 SH DEFINED 01 SOLE
ADVANCED MICRO DEVICES INC COM 007903107 9,102 000000413376 SH DEFINED 01 SOLE
ADVANTA CORP CL B 007942204 368 000000015180 SH DEFINED 01 SOLE
AETNA INC NEW COM 00817Y108 18,827 000000150925 SH DEFINED 01 SOLE
AFFILIATED COMPUTER SERVICES CL A 008190100 7,960 000000132253 SH DEFINED 01 SOLE
AGERE SYS INC CL A 00845V100 4,688 000003422500 SH DEFINED 01 SOLE
AGILENT TECHNOLOGIES INC COM 00846U101 12,459 000000516999 SH DEFINED 01 SOLE
AIR PRODS & CHEMS INC COM 009158106 13,544 000000233648 SH DEFINED 01 SOLE
1Page 2 05-02-10 16:19:43
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INFORMATION TABLE
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NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0AIRGAS INC COM 009363102 209 000000007887 SH DEFINED 01 SOLE
AIRGATE PCS INC COM NEW 009367301 372 000000010471 SH DEFINED 01 SOLE
AIRTRAN HLDGS INC COM 00949P108 325 000000030451 SH DEFINED 01 SOLE
ALASKA AIR GROUP INC COM 011659109 243 000000007269 SH DEFINED 01 SOLE
ALBERTO CULVER CO COM 013068101 4,586 000000094432 SH DEFINED 01 SOLE
ALBERTSONS INC COM 013104104 10,788 000000451780 SH DEFINED 01 SOLE
ALCOA INC COM 013817101 28,498 000000907017 SH DEFINED 01 SOLE
ALEXANDER & BALDWIN INC COM 014482103 305 000000007193 SH DEFINED 01 SOLE
ALLEGHENY ENERGY INC COM 017361106 3,299 000000167404 SH DEFINED 01 SOLE
ALLEGHENY TECHNOLOGIES INC COM 01741R102 2,597 000000119861 SH DEFINED 01 SOLE
ALLERGAN INC COM 018490102 10,988 000000135541 SH DEFINED 01 SOLE
ALLIANCE GAMING CORP COM NEW 01859P609 347 000000025141 SH DEFINED 01 SOLE
ALLIANT TECHSYSTEMS INC COM 018804104 268 000000004100 SH DEFINED 01 SOLE
ALLIED CAP CORP NEW COM 01903Q108 330 000000012800 SH DEFINED 01 SOLE
ALLIED WASTE INDS INC COM PAR$.0 019589308 3,101 000000334199 SH DEFINED 01 SOLE
ALLMERICA FINL CORP COM 019754100 213 000000006500 SH DEFINED 01 SOLE
ALLSTATE CORP COM 020002101 36,937 000000714181 SH DEFINED 01 SOLE
ALLTEL CORP COM 020039103 18,422 000000313527 SH DEFINED 01 SOLE
ALTERA CORP COM 021441100 11,587 000000559781 SH DEFINED 01 SOLE
ALTRIA GROUP INC COM 02209S103 128,134 000002097130 SH DEFINED 01 SOLE
AMAZON COM INC COM 023135106 3,324 000000075064 SH DEFINED 01 SOLE
AMAZON COM INC COM 023135106 416 000000009400 SH DEFINED 04 SOLE
AMBAC FINL GROUP INC COM 023139108 9,166 000000111613 SH DEFINED 01 SOLE
AMERADA HESS CORP COM 023551104 8,178 000000099277 SH DEFINED 01 SOLE
AMEREN CORP COM 023608102 10,043 000000200308 SH DEFINED 01 SOLE
AMERICAN ELEC PWR INC COM 025537101 13,962 000000406587 SH DEFINED 01 SOLE
AMERICAN EXPRESS CO COM 025816109 73,781 000001308878 SH DEFINED 01 SOLE
AMERICAN FINL GROUP INC OHIO COM 025932104 635 000000020300 SH DEFINED 01 SOLE
AMERICAN GREETINGS CORP CL A 026375105 241 000000009518 SH DEFINED 01 SOLE
AMERICAN INTL GROUP INC COM 026874107 176,284 000002684402 SH DEFINED 01 SOLE
AMERICAN PHARMACEUTICALS PTN COM 02886P109 299 000000008000 SH DEFINED 01 SOLE
AMERICAN PWR CONVERSION CORP COM 029066107 5,446 000000254500 SH DEFINED 01 SOLE
AMERICAN STD COS INC DEL COM 029712106 9,127 000000220893 SH DEFINED 01 SOLE
AMERICAN TOWER CORP NOTE 3.00 029912AR3 6,772 000000060000 PRN DEFINED 01 SOLE
AMERUS GROUP CO COM 03072M108 242 000000005359 SH DEFINED 01 SOLE
AMERISOURCEBERGEN CORP COM 03073E105 7,277 000000124014 SH DEFINED 01 SOLE
AMERITRADE HLDG CORP NEW COM 03074K100 158 000000011129 SH DEFINED 01 SOLE
AMETEK INC NEW COM 031100100 246 000000006900 SH DEFINED 01 SOLE
AMGEN INC NOTE 031162AE0 46,777 000063000000 SH DEFINED 01 SOLE
AMGEN INC COM 031162100 96,151 000001498850 SH DEFINED 01 SOLE
AMSOUTH BANCORPORATION COM 032165102 9,496 000000366652 SH DEFINED 01 SOLE
AMVESCAP PLC SPONSORED 03235E100 2,260 000000180000 SH DEFINED 01 SOLE
ANADARKO PETE CORP COM 032511107 17,644 000000272244 SH DEFINED 01 SOLE
ANALOG DEVICES INC COM 032654105 15,845 000000429175 SH DEFINED 01 SOLE
ANDREW CORP COM 034425108 2,731 000000200412 SH DEFINED 01 SOLE
ANGLOGOLD ASHANTI LTD SPONSORED 035128206 203 000000005600 SH DEFINED 01 SOLE
1Page 3 05-02-10 16:19:43
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NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0ANHEUSER BUSCH COS INC COM 035229103 42,082 000000829532 SH DEFINED 01 SOLE
ANNTAYLOR STORES CORP COM 036115103 414 000000019250 SH DEFINED 01 SOLE
AON CORP COM 037389103 8,069 000000338186 SH DEFINED 01 SOLE
APACHE CORP COM 037411105 17,039 000000336940 SH DEFINED 01 SOLE
APARTMENT INVT & MGMT CO CL A 03748R101 3,809 000000098846 SH DEFINED 01 SOLE
APOGENT TECHNOLOGIES INC DBCV 03760AAK7 12,037 000000095000 PRN DEFINED 01 SOLE
APOLLO GROUP INC CL A 037604105 19,210 000000238017 SH DEFINED 01 SOLE
APPLE COMPUTER INC COM 037833100 35,634 000000553333 SH DEFINED 01 SOLE
APPLEBEES INTL INC COM 037899101 431 000000016321 SH DEFINED 01 SOLE
APRIA HEALTHCARE GROUP INC COM 037933108 210 000000006378 SH DEFINED 01 SOLE
APPLERA CORP COM AP BIO 038020103 4,385 000000209749 SH DEFINED 01 SOLE
APPLIED MICRO CIRCUITS CORP COM 03822W109 1,427 000000339124 SH DEFINED 01 SOLE
APPLIED MATLS INC COM 038222105 34,478 000002016277 SH DEFINED 01 SOLE
AQUILA INC COM 03840P102 181 000000049058 SH DEFINED 01 SOLE
ARCH COAL INC COM 039380100 227 000000006400 SH DEFINED 01 SOLE
ARCHER DANIELS MIDLAND CO COM 039483102 14,958 000000670462 SH DEFINED 01 SOLE
ARCHSTONE SMITH TR COM 039583109 7,702 000000201105 SH DEFINED 01 SOLE
ARGOSY GAMING CO COM 040228108 4,367 000000093531 SH DEFINED 01 SOLE
ARROW ELECTRS INC COM 042735100 225 000000009300 SH DEFINED 01 SOLE
ARVINMERITOR INC COM 043353101 256 000000011454 SH DEFINED 01 SOLE
ASCENTIAL SOFTWARE CORP COM NEW 04362P207 209 000000012851 SH DEFINED 01 SOLE
ASHLAND INC COM 044204105 4,957 000000084912 SH DEFINED 01 SOLE
ASSOCIATED BANC CORP COM 045487105 733 000000022083 SH DEFINED 01 SOLE
ASTORIA FINL CORP COM 046265104 271 000000006800 SH DEFINED 01 SOLE
ASTRAZENECA PLC SPONSORED 046353108 880 000000024200 SH DEFINED 01 SOLE
ATMEL CORP COM 049513104 150 000000038326 SH DEFINED 01 SOLE
ATMOS ENERGY CORP COM 049560105 263 000000009633 SH DEFINED 01 SOLE
AUTODESK INC COM 052769106 11,015 000000290265 SH DEFINED 01 SOLE
AUTOMATIC DATA PROCESSING IN COM 053015103 27,272 000000614928 SH DEFINED 01 SOLE
AUTONATION INC COM 05329W102 5,257 000000273710 SH DEFINED 01 SOLE
AUTOZONE INC COM 053332102 7,593 000000083157 SH DEFINED 01 SOLE
AVAYA INC COM 053499109 8,084 000000470031 SH DEFINED 01 SOLE
AVERY DENNISON CORP COM 053611109 6,820 000000113737 SH DEFINED 01 SOLE
AVISTA CORP COM 05379B107 182 000000010316 SH DEFINED 01 SOLE
AVNET INC DBCV 2.00 053807AL7 18,598 000000195000 PRN DEFINED 01 SOLE
AVNET INC COM 053807103 310 000000017000 SH DEFINED 01 SOLE
AVON PRODS INC COM 054303102 19,492 000000503680 SH DEFINED 01 SOLE
BB&T CORP COM 054937107 24,020 000000571245 SH DEFINED 01 SOLE
BCE INC COM 05534B109 236 000000009800 SH DEFINED 01 SOLE
BISYS GROUP INC COM 055472104 262 000000015976 SH DEFINED 01 SOLE
BJS WHOLESALE CLUB INC COM 05548J106 576 000000019800 SH DEFINED 01 SOLE
BJ SVCS CO COM 055482103 8,347 000000179368 SH DEFINED 01 SOLE
BP PLC SPONSORED 055622104 344 000000005900 SH DEFINED 01 SOLE
BMC SOFTWARE INC COM 055921100 4,975 000000267523 SH DEFINED 01 SOLE
BAKER HUGHES INC COM 057224107 15,756 000000369256 SH DEFINED 01 SOLE
BALL CORP COM 058498106 5,330 000000121200 SH DEFINED 01 SOLE
1Page 4 05-02-10 16:19:43
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NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0BANDAG INC CL A 059815308 16,215 000000350000 SH DEFINED 01 SOLE
BANK OF AMERICA CORPORATION COM 060505104 193,523 000004118394 SH DEFINED 01 SOLE
BANK NEW YORK INC COM 064057102 27,157 000000812599 SH DEFINED 01 SOLE
BANKNORTH GROUP INC NEW COM 06646R107 516 000000014100 SH DEFINED 01 SOLE
BANTA CORP COM 066821109 214 000000004789 SH DEFINED 01 SOLE
BARD C R INC COM 067383109 7,271 000000113647 SH DEFINED 01 SOLE
BARNES & NOBLE INC COM 067774109 303 000000009400 SH DEFINED 01 SOLE
BAUSCH & LOMB INC COM 071707103 3,705 000000057487 SH DEFINED 01 SOLE
BAXTER INTL INC COM 071813109 22,036 000000637992 SH DEFINED 01 SOLE
BEA SYS INC COM 073325102 2,509 000000283258 SH DEFINED 01 SOLE
BEAR STEARNS COS INC COM 073902108 11,716 000000114520 SH DEFINED 01 SOLE
BEARINGPOINT INC COM 074002106 232 000000029000 SH DEFINED 01 SOLE
BECKMAN COULTER INC COM 075811109 314 000000004700 SH DEFINED 01 SOLE
BECTON DICKINSON & CO COM 075887109 14,744 000000259580 SH DEFINED 01 SOLE
BED BATH & BEYOND INC COM 075896100 17,431 000000437653 SH DEFINED 01 SOLE
BEL FUSE INC CL A 077347201 684 000000023349 SH DEFINED 01 SOLE
BELLSOUTH CORP COM 079860102 52,566 000001891559 SH DEFINED 01 SOLE
BEMIS INC COM 081437105 3,257 000000111969 SH DEFINED 01 SOLE
BEST BUY INC COM 086516101 19,955 000000335830 SH DEFINED 01 SOLE
BIG LOTS INC COM 089302103 1,494 000000123175 SH DEFINED 01 SOLE
BIOCRYST PHARMACEUTICALS COM 09058V103 255 000000044151 SH DEFINED 01 SOLE
BIOMET INC COM 090613100 17,353 000000399935 SH DEFINED 01 SOLE
BIOGEN IDEC INC COM 09062X103 28,446 000000427056 SH DEFINED 01 SOLE
BIOTECH HOLDERS TR DEPOSTRY R 09067D201 97,807 000000639600 SH DEFINED 01 SOLE
BIOVERIS CORP COM 090676107 649 000000088845 SH DEFINED 01 SOLE
BLACK & DECKER CORP COM 091797100 7,421 000000084020 SH DEFINED 01 SOLE
BLACK HILLS CORP COM 092113109 285 000000009290 SH DEFINED 01 SOLE
BLOCK H & R INC COM 093671105 9,153 000000186808 SH DEFINED 01 SOLE
BLOCKBUSTER INC CL A 093679108 2,382 000000249785 SH DEFINED 01 SOLE
BLOCKBUSTER INC CL B 093679207 283 000000032200 SH DEFINED 01 SOLE
BLYTH INC COM 09643P108 385 000000013042 SH DEFINED 01 SOLE
BOB EVANS FARMS INC COM 096761101 264 000000010122 SH DEFINED 01 SOLE
BOEING CO COM 097023105 45,274 000000874527 SH DEFINED 01 SOLE
BORDERS GROUP INC COM 099709107 579 000000022800 SH DEFINED 01 SOLE
BOSTON SCIENTIFIC CORP COM 101137107 32,225 000000906470 SH DEFINED 01 SOLE
BOYD GAMING CORP COM 103304101 220 000000005304 SH DEFINED 01 SOLE
BRINKER INTL INC COM 109641100 263 000000007500 SH DEFINED 01 SOLE
BRISTOL MYERS SQUIBB CO COM 110122108 51,406 000002006517 SH DEFINED 01 SOLE
BROADCOM CORP CL A 111320107 13,159 000000407660 SH DEFINED 01 SOLE
BROCADE COMMUNICATIONS SYS I COM 111621108 78 000000010323 SH DEFINED 01 SOLE
BROWN & BROWN INC COM 115236101 705 000000016200 SH DEFINED 01 SOLE
BROWN FORMAN CORP CL A 115637100 517 000000010200 SH DEFINED 01 SOLE
BROWN FORMAN CORP CL B 115637209 6,367 000000130809 SH DEFINED 01 SOLE
BRUNSWICK CORP COM 117043109 4,994 000000100898 SH DEFINED 01 SOLE
BURLINGTON NORTHN SANTA FE C COM 12189T104 18,306 000000386956 SH DEFINED 01 SOLE
BURLINGTON RES INC COM 122014103 18,566 000000426826 SH DEFINED 01 SOLE
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NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0CBRL GROUP INC NOTE 12489VAB2 5,075 000010000000 SH DEFINED 01 SOLE
CBRL GROUP INC COM 12489V106 252 000000006035 SH DEFINED 01 SOLE
C D W CORP COM 12512N105 2,250 000000033920 SH DEFINED 01 SOLE
C H ROBINSON WORLDWIDE INC COM 12541W100 1,675 000000030178 SH DEFINED 01 SOLE
CIGNA CORP COM 125509109 11,815 000000144846 SH DEFINED 01 SOLE
CIT GROUP INC COM 125581108 9,883 000000215692 SH DEFINED 01 SOLE
CMGI INC COM 125750109 45 000000017736 SH DEFINED 01 SOLE
CMS ENERGY CORP NOTE 2.87 125896AW0 4,511 000000045000 PRN DEFINED 01 SOLE
CMS ENERGY CORP COM 125896100 2,249 000000215263 SH DEFINED 01 SOLE
CNF INC COM 12612W104 235 000000004700 SH DEFINED 01 SOLE
CSG SYS INTL INC COM 126349109 280 000000014992 SH DEFINED 01 SOLE
CSX CORP COM 126408103 8,849 000000220803 SH DEFINED 01 SOLE
CTS CORP COM 126501105 151 000000011433 SH DEFINED 01 SOLE
CVS CORP COM 126650100 19,087 000000423516 SH DEFINED 01 SOLE
CABLEVISION SYS CORP CL A NY CA 12686C109 747 000000030000 SH DEFINED 01 SOLE
CABOT CORP COM 127055101 398 000000010300 SH DEFINED 01 SOLE
CADENCE DESIGN SYSTEM INC NOTE 127387AB4 7,875 000007500000 SH DEFINED 01 SOLE
CADENCE DESIGN SYSTEM INC COM 127387108 299 000000021700 SH DEFINED 01 SOLE
CAESARS ENTMT INC FRNT 127687AB7 5,923 000000050000 PRN DEFINED 01 SOLE
CAESARS ENTMT INC COM 127687101 7,735 000000384100 SH DEFINED 01 SOLE
CALLAWAY GOLF CO COM 131193104 187 000000013870 SH DEFINED 01 SOLE
CALPINE CORP COM 131347106 2,310 000000586367 SH DEFINED 01 SOLE
CAMPBELL SOUP CO COM 134429109 13,016 000000435466 SH DEFINED 01 SOLE
CANADIAN NATL RY CO COM 136375102 686 000000011200 SH DEFINED 01 SOLE
CAPITAL ONE FINL CORP COM 14040H105 21,023 000000249652 SH DEFINED 01 SOLE
CARDINAL HEALTH INC COM 14149Y108 25,891 000000445258 SH DEFINED 01 SOLE
CAREER EDUCATION CORP COM 141665109 1,495 000000037391 SH DEFINED 01 SOLE
CAREMARK RX INC COM 141705103 18,411 000000466949 SH DEFINED 01 SOLE
CARMAX INC COM 143130102 807 000000026000 SH DEFINED 01 SOLE
CARNIVAL CORP PAIRED CTF 143658300 40,251 000000698445 SH DEFINED 01 SOLE
CARNIVAL CORP PAIRED CTF 143658300 2,965 000000112396 SH DEFINED 02 SOLE
CARNIVAL CORP PAIRED CTF 143658300 12,678 000000220000 SH DEFINED 04 SOLE
CATALINA MARKETING CORP COM 148867104 333 000000011269 SH DEFINED 01 SOLE
CATELLUS DEV CORP NEW COM 149113102 498 000000016300 SH DEFINED 01 SOLE
CATERPILLAR INC DEL COM 149123101 34,275 000000351506 SH DEFINED 01 SOLE
CELGENE CORP COM 151020104 322 000000012170 SH DEFINED 01 SOLE
CENDANT CORP COM 151313103 25,351 000001084319 SH DEFINED 01 SOLE
CENTERPOINT ENERGY INC NOTE 3.75 15189TAC1 17,156 000000150000 PRN DEFINED 01 SOLE
CENTERPOINT ENERGY INC COM 15189T107 3,631 000000321340 SH DEFINED 01 SOLE
CENTEX CORP COM 152312104 7,885 000000132359 SH DEFINED 01 SOLE
CENTRA SOFTWARE INC COM 15234X103 24 000000010545 SH DEFINED 01 SOLE
CENTURYTEL INC COM 156700106 4,946 000000139468 SH DEFINED 01 SOLE
CERIDIAN CORP NEW COM 156779100 661 000000036200 SH DEFINED 01 SOLE
CERTEGY INC COM 156880106 476 000000013400 SH DEFINED 01 SOLE
CHARLES RIV LABS INTL INC COM 159864107 1,122 000000024400 SH DEFINED 01 SOLE
CHARTER COMMUNICATIONS INC D CL A 16117M107 23 000000010692 SH DEFINED 01 SOLE
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NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0CHEESECAKE FACTORY INC COM 163072101 687 000000021170 SH DEFINED 01 SOLE
CHEVRONTEXACO CORP COM 166764100 113,864 000002168443 SH DEFINED 01 SOLE
CHICOS FAS INC COM 168615102 400 000000008800 SH DEFINED 01 SOLE
CHIRON CORP DBCV 1.62 170040AG4 11,687 000000125000 PRN DEFINED 01 SOLE
CHIRON CORP COM 170040109 9,695 000000290907 SH DEFINED 01 SOLE
CHUBB CORP COM 171232101 15,319 000000199217 SH DEFINED 01 SOLE
CIENA CORP COM 171779101 2,041 000000611220 SH DEFINED 01 SOLE
CINCINNATI BELL INC NEW COM 171871106 268 000000064625 SH DEFINED 01 SOLE
CINCINNATI FINL CORP COM 172062101 8,087 000000182724 SH DEFINED 01 SOLE
CINERGY CORP COM 172474108 8,357 000000200766 SH DEFINED 01 SOLE
CIRCUIT CITY STORE INC COM 172737108 3,234 000000206824 SH DEFINED 01 SOLE
CISCO SYS INC COM 17275R102 141,622 000007330373 SH DEFINED 01 SOLE
CISCO SYS INC COM 17275R102 1,642 000000085000 SH DEFINED 04 SOLE
CITADEL BROADCASTING CORP NOTE 1.87 17285TAB2 4,518 000000050000 PRN DEFINED 01 SOLE
CINTAS CORP COM 172908105 11,425 000000260510 SH DEFINED 01 SOLE
CITIGROUP INC COM 172967101 254,682 000005286060 SH DEFINED 01 SOLE
CITIZENS COMMUNICATIONS CO COM 17453B101 4,792 000000347533 SH DEFINED 01 SOLE
CITRIX SYS INC COM 177376100 5,652 000000231100 SH DEFINED 01 SOLE
CITY NATL CORP COM 178566105 247 000000003500 SH DEFINED 01 SOLE
CLAIRES STORES INC COM 179584107 669 000000031500 SH DEFINED 01 SOLE
CLEAR CHANNEL COMMUNICATIONS COM 184502102 20,422 000000609813 SH DEFINED 01 SOLE
CLOROX CO DEL COM 189054109 9,365 000000158928 SH DEFINED 01 SOLE
COACH INC COM 189754104 10,909 000000193433 SH DEFINED 01 SOLE
COCA COLA CO COM 191216100 103,262 000002479893 SH DEFINED 01 SOLE
COCA COLA ENTERPRISES INC COM 191219104 10,162 000000487404 SH DEFINED 01 SOLE
COEUR D ALENE MINES CORP IDA COM 192108108 1,707 000000434458 SH DEFINED 01 SOLE
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 1,260 000000029772 SH DEFINED 01 SOLE
COLGATE PALMOLIVE CO COM 194162103 28,142 000000550082 SH DEFINED 01 SOLE
COMCAST CORP NEW CL A 20030N101 117,599 000003533637 SH DEFINED 01 SOLE
COMERICA INC COM 200340107 10,699 000000175344 SH DEFINED 01 SOLE
COMMERCIAL METALS CO COM 201723103 250 000000004955 SH DEFINED 01 SOLE
COMMONWEALTH TEL ENTERPRISES NOTE 3.25 203349AB1 2,650 000000025000 PRN DEFINED 01 SOLE
COMMSCOPE INC COM 203372107 225 000000011937 SH DEFINED 01 SOLE
COMMUNITY HEALTH SYS INC NEW COM 203668108 234 000000008400 SH DEFINED 01 SOLE
COMPASS BANCSHARES INC COM 20449H109 6,156 000000126505 SH DEFINED 01 SOLE
COMPUTER ASSOC INTL INC NOTE 1.62 204912AQ2 9,907 000000060000 PRN DEFINED 01 SOLE
COMPUTER ASSOC INTL INC COM 204912109 18,693 000000601866 SH DEFINED 01 SOLE
COMPUTER SCIENCES CORP COM 205363104 11,228 000000199200 SH DEFINED 01 SOLE
COMPUWARE CORP COM 205638109 2,619 000000408616 SH DEFINED 01 SOLE
COMVERSE TECHNOLOGY INC COM PAR $0 205862402 8,028 000000328370 SH DEFINED 01 SOLE
CONAGRA FOODS INC COM 205887102 15,675 000000532274 SH DEFINED 01 SOLE
CONNETICS CORP COM 208192104 1,128 000000046473 SH DEFINED 01 SOLE
CONOCOPHILLIPS COM 20825C104 61,905 000000712951 SH DEFINED 01 SOLE
CONSECO INC PFD B CV 5 208464867 1,325 000000000500 PRN DEFINED 01 SOLE
CONSECO INC COM NEW 208464883 1,333 000000066822 SH DEFINED 01 SOLE
CONSOLIDATED EDISON INC COM 209115104 11,097 000000253653 SH DEFINED 01 SOLE
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NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0CONSTELLATION ENERGY GROUP I COM 210371100 8,308 000000190092 SH DEFINED 01 SOLE
CONVERGYS CORP COM 212485106 2,435 000000162493 SH DEFINED 01 SOLE
COOPER CAMERON CORP COM 216640102 215 000000004000 SH DEFINED 01 SOLE
COOPER TIRE & RUBR CO COM 216831107 1,822 000000084582 SH DEFINED 01 SOLE
COORS ADOLPH CO CL B 217016104 3,217 000000042525 SH DEFINED 01 SOLE
CORGENTECH INC COM 21872P105 411 000000049746 SH DEFINED 01 SOLE
CORILLIAN CORP COM 218725109 744 000000151288 SH DEFINED 01 SOLE
CORN PRODS INTL INC COM 219023108 307 000000005746 SH DEFINED 01 SOLE
CORNERSTONE RLTY INCOME TR I COM 21922V102 3,424 000000343185 SH DEFINED 01 SOLE
CORNING INC COM 219350105 17,003 000001444689 SH DEFINED 01 SOLE
COSTCO WHSL CORP NEW COM 22160K105 27,034 000000558445 SH DEFINED 01 SOLE
COTT CORP QUE COM 22163N106 336 000000013600 SH DEFINED 01 SOLE
COUNTRYWIDE FINANCIAL CORP COM 222372104 25,707 000000694601 SH DEFINED 01 SOLE
COVANCE INC COM 222816100 527 000000013600 SH DEFINED 01 SOLE
CRANE CO COM 224399105 634 000000022002 SH DEFINED 01 SOLE
CRAWFORD & CO CL B 224633107 213 000000028513 SH DEFINED 01 SOLE
CREDENCE SYS CORP COM 225302108 183 000000020064 SH DEFINED 01 SOLE
CROMPTON CORP COM 227116100 203 000000017244 SH DEFINED 01 SOLE
CROWN HOLDINGS INC COM 228368106 1,120 000000081548 SH DEFINED 01 SOLE
CULLEN FROST BANKERS INC COM 229899109 208 000000004300 SH DEFINED 01 SOLE
CUMMINS INC COM 231021106 4,106 000000049013 SH DEFINED 01 SOLE
CURTISS WRIGHT CORP COM 231561101 219 000000003832 SH DEFINED 01 SOLE
CURTISS WRIGHT CORP CL B 231561408 9,907 000000176100 SH DEFINED 01 SOLE
CYMER INC COM 232572107 321 000000010869 SH DEFINED 01 SOLE
CYPRESS SEMICONDUCTOR CORP COM 232806109 156 000000013300 SH DEFINED 01 SOLE
CYTEC INDS INC COM 232820100 233 000000004543 SH DEFINED 01 SOLE
DPL INC COM 233293109 233 000000009300 SH DEFINED 01 SOLE
D R HORTON INC COM 23331A109 292 000000007250 SH DEFINED 01 SOLE
DST SYS INC DEL DBCV 3.62 233326AD9 3,115 000000025000 PRN DEFINED 01 SOLE
DTE ENERGY CO COM 233331107 8,443 000000195780 SH DEFINED 01 SOLE
DANA CORP COM 235811106 2,736 000000157888 SH DEFINED 01 SOLE
DANAHER CORP DEL COM 235851102 18,620 000000324350 SH DEFINED 01 SOLE
DARDEN RESTAURANTS INC COM 237194105 5,012 000000180708 SH DEFINED 01 SOLE
DAVITA INC COM 23918K108 328 000000008300 SH DEFINED 01 SOLE
DEAN FOODS CO NEW COM 242370104 411 000000012500 SH DEFINED 01 SOLE
DEERE & CO COM 244199105 19,260 000000258873 SH DEFINED 01 SOLE
DELL INC COM 24702R101 124,031 000002943323 SH DEFINED 01 SOLE
DELPHI CORP COM 247126105 5,237 000000580693 SH DEFINED 01 SOLE
DELTA AIR LINES INC DEL COM 247361108 1,117 000000149391 SH DEFINED 01 SOLE
DELUXE CORP COM 248019101 727 000000019501 SH DEFINED 01 SOLE
DENTSPLY INTL INC NEW COM 249030107 1,258 000000022397 SH DEFINED 01 SOLE
DEVELOPERS DIVERSIFIED RLTY COM 251591103 292 000000006600 SH DEFINED 01 SOLE
DEVON ENERGY CORP NEW COM 25179M103 21,114 000000542516 SH DEFINED 01 SOLE
DIAMONDS TR UNIT SER 1 252787106 161,265 000001500000 SH DEFINED 01 SOLE
DIEBOLD INC COM 253651103 234 000000004200 SH DEFINED 01 SOLE
DILLARDS INC CL A 254067101 2,405 000000089522 SH DEFINED 01 SOLE
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NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0DISNEY WALT CO COM DISNEY 254687106 58,324 000002098001 SH DEFINED 01 SOLE
DOLLAR GEN CORP COM 256669102 7,409 000000356753 SH DEFINED 01 SOLE
DOLLAR TREE STORES INC COM 256747106 1,206 000000041941 SH DEFINED 01 SOLE
DOMINION RES INC VA NEW COM 25746U109 23,192 000000342378 SH DEFINED 01 SOLE
DONALDSON INC COM 257651109 221 000000006800 SH DEFINED 01 SOLE
DONNELLEY R R & SONS CO COM 257867101 8,050 000000228136 SH DEFINED 01 SOLE
DOUBLECLICK INC COM 258609304 125 000000016122 SH DEFINED 01 SOLE
DOVER CORP COM 260003108 8,844 000000210877 SH DEFINED 01 SOLE
DOW CHEM CO COM 260543103 48,023 000000969977 SH DEFINED 01 SOLE
DOW JONES & CO INC COM 260561105 3,902 000000090634 SH DEFINED 01 SOLE
DU PONT E I DE NEMOURS & CO COM 263534109 50,245 000001024379 SH DEFINED 01 SOLE
DUKE ENERGY CORP NOTE 1.75 264399EJ1 28,062 000000250000 PRN DEFINED 01 SOLE
DUKE ENERGY CORP COM 264399106 24,867 000000981741 SH DEFINED 01 SOLE
DUN & BRADSTREET CORP DEL NE COM 26483E100 280 000000004700 SH DEFINED 01 SOLE
DUPONT PHOTOMASKS INC COM 26613X101 2,392 000000090579 SH DEFINED 01 SOLE
DUQUESNE LT HLDGS INC COM 266233105 226 000000012019 SH DEFINED 01 SOLE
DYCOM INDS INC COM 267475101 635 000000020823 SH DEFINED 01 SOLE
DYNEGY INC NEW CL A 26816Q101 1,890 000000409108 SH DEFINED 01 SOLE
E M C CORP MASS COM 268648102 38,480 000002587816 SH DEFINED 01 SOLE
ENSCO INTL INC COM 26874Q100 260 000000008200 SH DEFINED 01 SOLE
EOG RES INC COM 26875P101 8,796 000000123270 SH DEFINED 01 SOLE
E TRADE FINANCIAL CORP COM 269246104 5,739 000000383886 SH DEFINED 01 SOLE
EASTMAN CHEM CO COM 277432100 4,662 000000080771 SH DEFINED 01 SOLE
EASTMAN KODAK CO COM 277461109 9,636 000000298809 SH DEFINED 01 SOLE
EATON CORP COM 278058102 11,269 000000155742 SH DEFINED 01 SOLE
EBAY INC COM 278642103 92,552 000000795538 SH DEFINED 01 SOLE
ECHOSTAR COMMUNICATIONS NEW CL A 278762109 1,963 000000059066 SH DEFINED 01 SOLE
ECOLAB INC COM 278865100 9,286 000000264342 SH DEFINED 01 SOLE
EDISON INTL COM 281020107 10,690 000000333765 SH DEFINED 01 SOLE
EDUCATION MGMT CORP COM 28139T101 255 000000007737 SH DEFINED 01 SOLE
EDWARDS LIFESCIENCES CORP COM 28176E108 255 000000006200 SH DEFINED 01 SOLE
EDWARDS AG INC COM 281760108 254 000000005900 SH DEFINED 01 SOLE
EL PASO CORP COM 28336L109 6,914 000000664832 SH DEFINED 01 SOLE
ELECTRONIC ARTS INC COM 285512109 24,031 000000389610 SH DEFINED 01 SOLE
ELECTRONIC DATA SYS NEW NOTE 3.87 285661AF1 13,731 000000130000 PRN DEFINED 01 SOLE
ELECTRONIC DATA SYS NEW COM 285661104 12,229 000000529431 SH DEFINED 01 SOLE
EMERSON ELEC CO COM 291011104 30,250 000000431533 SH DEFINED 01 SOLE
EMMIS COMMUNICATIONS CORP CL A 291525103 279 000000014542 SH DEFINED 01 SOLE
ENERGIZER HLDGS INC COM 29266R108 233 000000004700 SH DEFINED 01 SOLE
ENGELHARD CORP COM 292845104 4,184 000000136446 SH DEFINED 01 SOLE
ENDOCARDIAL SOLUTIONS INC COM 292962107 206 000000017669 SH DEFINED 01 SOLE
ENTERCOM COMMUNICATIONS CORP CL A 293639100 340 000000009500 SH DEFINED 01 SOLE
ENTERGY CORP NEW COM 29364G103 15,513 000000229530 SH DEFINED 01 SOLE
ENZON PHARMACEUTICALS INC COM 293904108 560 000000040835 SH DEFINED 01 SOLE
EQUIFAX INC COM 294429105 4,020 000000143092 SH DEFINED 01 SOLE
EQUITY OFFICE PROPERTIES TRU COM 294741103 12,088 000000415121 SH DEFINED 01 SOLE
1Page 9 05-02-10 16:19:43
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NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0EQUITY RESIDENTIAL SH BEN INT 29476L107 10,501 000000290254 SH DEFINED 01 SOLE
ERICSSON L M TEL CO ADR B SEK 294821608 1,449 000000046043 SH DEFINED 01 SOLE
ESPEED INC CL A 296643109 5,269 000000425954 SH DEFINED 01 SOLE
ETHAN ALLEN INTERIORS INC COM 297602104 396 000000009907 SH DEFINED 01 SOLE
EXELON CORP COM 30161N101 31,017 000000703813 SH DEFINED 01 SOLE
EXPEDITORS INTL WASH INC COM 302130109 1,854 000000033180 SH DEFINED 01 SOLE
EXPRESS SCRIPTS INC COM 302182100 7,311 000000095653 SH DEFINED 01 SOLE
EXTREME NETWORKS INC COM 30226D106 179 000000027394 SH DEFINED 01 SOLE
EYETECH PHARMACEUTICALS INC COM 302297106 1,137 000000025000 SH DEFINED 01 SOLE
EXXON MOBIL CORP COM 30231G102 336,638 000006567270 SH DEFINED 01 SOLE
F M C CORP COM NEW 302491303 354 000000007343 SH DEFINED 01 SOLE
FPL GROUP INC COM 302571104 14,253 000000190678 SH DEFINED 01 SOLE
FAIR ISAAC CORP COM 303250104 258 000000007050 SH DEFINED 01 SOLE
FAMILY DLR STORES INC COM 307000109 5,703 000000182627 SH DEFINED 01 SOLE
FASTENAL CO COM 311900104 1,594 000000025905 SH DEFINED 01 SOLE
FEDERAL HOME LN MTG CORP COM 313400301 52,154 000000707662 SH DEFINED 01 SOLE
FEDERAL NATL MTG ASSN COM 313586109 71,292 000001001154 SH DEFINED 01 SOLE
FEDERAL SIGNAL CORP COM 313855108 217 000000012308 SH DEFINED 01 SOLE
FEDERATED DEPT STORES INC DE COM 31410H101 10,059 000000174064 SH DEFINED 01 SOLE
FEDERATED INVS INC PA CL B 314211103 3,654 000000120202 SH DEFINED 01 SOLE
FEDEX CORP COM 31428X106 30,343 000000308091 SH DEFINED 01 SOLE
FERRO CORP COM 315405100 265 000000011464 SH DEFINED 01 SOLE
FIFTH THIRD BANCORP COM 316773100 32,469 000000686451 SH DEFINED 01 SOLE
FIRST DATA CORP COM 319963104 36,321 000000853828 SH DEFINED 01 SOLE
FIRST HORIZON NATL CORP COM 320517105 5,852 000000135765 SH DEFINED 01 SOLE
FIRST HEALTH GROUP CORP COM 320960107 485 000000025954 SH DEFINED 01 SOLE
FIRST HEALTH GROUP CORP COM 320960107 5,638 000000301100 SH DEFINED 02 SOLE
FISERV INC COM 337738108 10,753 000000267562 SH DEFINED 01 SOLE
FIRSTENERGY CORP COM 337932107 13,392 000000338955 SH DEFINED 01 SOLE
FISHER SCIENTIFIC INTL INC COM NEW 338032204 7,520 000000120563 SH DEFINED 01 SOLE
FLUOR CORP NEW NOTE 1.50 343412AA0 5,700 000000050000 PRN DEFINED 01 SOLE
FLUOR CORP NEW COM 343412102 4,797 000000088012 SH DEFINED 01 SOLE
FLOWSERVE CORP COM 34354P105 241 000000008753 SH DEFINED 01 SOLE
FORD MTR CO DEL COM PAR $0 345370860 27,608 000001885835 SH DEFINED 01 SOLE
FOREST LABS INC COM 345838106 17,115 000000381537 SH DEFINED 01 SOLE
FOREST OIL CORP COM PAR $0 346091705 497 000000015698 SH DEFINED 01 SOLE
FORTUNE BRANDS INC COM 349631101 13,319 000000172581 SH DEFINED 01 SOLE
FOUNDRY NETWORKS INC COM 35063R100 323 000000024580 SH DEFINED 01 SOLE
FOUR SEASONS HOTEL INC NOTE 1.87 35100EAE4 11,508 000009000000 SH DEFINED 01 SOLE
FRANKLIN RES INC COM 354613101 17,845 000000256219 SH DEFINED 01 SOLE
FREEPORT-MCMORAN COPPER & GO CL B 35671D857 7,264 000000190021 SH DEFINED 01 SOLE
FREESCALE SEMICONDUCTOR INC CL B 35687M206 9,987 000000543984 SH DEFINED 01 SOLE
FURNITURE BRANDS INTL INC COM 360921100 201 000000008057 SH DEFINED 01 SOLE
GATX CORP NOTE 5.00 361448AE3 4,162 000000030000 PRN DEFINED 01 SOLE
GATX CORP COM 361448103 205 000000006957 SH DEFINED 01 SOLE
GALLAGHER ARTHUR J & CO COM 363576109 406 000000012500 SH DEFINED 01 SOLE
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NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0GAMESTOP CORP CL A 36466R101 364 000000016300 SH DEFINED 01 SOLE
GAMESTOP CORP COM CL B 36466R200 10,476 000000467483 SH DEFINED 01 SOLE
GANNETT INC COM 364730101 21,975 000000268973 SH DEFINED 01 SOLE
GAP INC DEL COM 364760108 19,095 000000904163 SH DEFINED 01 SOLE
GARTNER INC COM 366651107 174 000000014026 SH DEFINED 01 SOLE
GATEWAY INC COM 367626108 2,436 000000405378 SH DEFINED 01 SOLE
GENENTECH INC COM NEW 368710406 1,388 000000025500 SH DEFINED 01 SOLE
GENERAL COMMUNICATION INC CL A 369385109 552 000000050000 SH DEFINED 01 SOLE
GENERAL DYNAMICS CORP COM 369550108 21,712 000000207576 SH DEFINED 01 SOLE
GENERAL ELEC CO COM 369604103 392,900 000010764398 SH DEFINED 01 SOLE
GENERAL MLS INC COM 370334104 18,618 000000374535 SH DEFINED 01 SOLE
GENERAL MTRS CORP COM 370442105 23,566 000000588280 SH DEFINED 01 SOLE
GENERAL MTRS CORP DEB SR CON 370442733 23,070 000000010000 PRN DEFINED 01 SOLE
GENUINE PARTS CO COM 372460105 7,942 000000180269 SH DEFINED 01 SOLE
GENZYME CORP NOTE 1.25 372917AN4 7,950 000000075000 PRN DEFINED 01 SOLE
GENZYME CORP COM GENL D 372917104 20,374 000000350858 SH DEFINED 01 SOLE
GEORGIA GULF CORP COM PAR $0 373200203 205 000000004130 SH DEFINED 01 SOLE
GEORGIA PAC CORP COM 373298108 12,642 000000337321 SH DEFINED 01 SOLE
GILEAD SCIENCES INC COM 375558103 21,324 000000609456 SH DEFINED 01 SOLE
GILLETTE CO COM 375766102 45,974 000001026680 SH DEFINED 01 SOLE
GLATFELTER COM 377316104 164 000000010740 SH DEFINED 01 SOLE
GOLDCORP INC NEW COM 380956409 225 000000015000 SH DEFINED 01 SOLE
GOLDEN STAR RES LTD CDA COM 38119T104 2,706 000000675000 SH DEFINED 01 SOLE
GOLDEN WEST FINL CORP DEL COM 381317106 19,346 000000314990 SH DEFINED 01 SOLE
GOLDMAN SACHS GROUP INC COM 38141G104 52,724 000000506767 SH DEFINED 01 SOLE
GOODRICH CORP COM 382388106 4,266 000000130724 SH DEFINED 01 SOLE
GOODYEAR TIRE & RUBR CO COM 382550101 2,796 000000190747 SH DEFINED 01 SOLE
GOOGLE INC CL A 38259P508 1,156 000000006000 SH DEFINED 01 SOLE
GOOGLE INC CL A 38259P508 1,098 000000005700 SH DEFINED 04 SOLE
GRACO INC COM 384109104 371 000000009950 SH DEFINED 01 SOLE
GRAINGER W W INC COM 384802104 6,187 000000092875 SH DEFINED 01 SOLE
GRANITE CONSTR INC COM 387328107 205 000000007722 SH DEFINED 01 SOLE
GRAY TELEVISION INC CL A 389375205 1,620 000000114500 SH DEFINED 01 SOLE
GREAT LAKES CHEM CORP COM 390568103 1,634 000000057355 SH DEFINED 01 SOLE
GREATER BAY BANCORP NOTE 391648AP7 2,246 000002500000 SH DEFINED 01 SOLE
GREATER BAY BANCORP COM 391648102 358 000000012855 SH DEFINED 01 SOLE
GREIF INC CL A 397624107 286 000000005114 SH DEFINED 01 SOLE
GRUPO TELEVISA SA DE CV SP ADR REP 40049J206 326 000000005400 SH DEFINED 01 SOLE
GRUPO TMM S A SP ADR A S 40051D105 658 000000180000 SH DEFINED 01 SOLE
GTECH HLDGS CORP COM 400518106 391 000000015100 SH DEFINED 01 SOLE
GUESS INC COM 401617105 149 000000011890 SH DEFINED 01 SOLE
GUIDANT CORP COM 401698105 40,889 000000567120 SH DEFINED 01 SOLE
GUIDANT CORP COM 401698105 3,967 000000055000 SH DEFINED 02 SOLE
HCA INC COM 404119109 17,432 000000436247 SH DEFINED 01 SOLE
HCC INS HLDGS INC COM 404132102 357 000000010800 SH DEFINED 01 SOLE
HNI CORP COM 404251100 241 000000005600 SH DEFINED 01 SOLE
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NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0HALLIBURTON CO NOTE 3.12 406216AM3 9,225 000000075000 PRN DEFINED 01 SOLE
HALLIBURTON CO COM 406216101 17,798 000000453589 SH DEFINED 01 SOLE
HANOVER COMPRESSOR CO COM 410768105 199 000000014146 SH DEFINED 01 SOLE
HARLEY DAVIDSON INC COM 412822108 18,773 000000309035 SH DEFINED 01 SOLE
HARMAN INTL INDS INC COM 413086109 482 000000003800 SH DEFINED 01 SOLE
HARMONY GOLD MNG LTD SPONSORED 413216300 3,034 000000327300 SH DEFINED 01 SOLE
HARRAHS ENTMT INC COM 413619107 7,957 000000118957 SH DEFINED 01 SOLE
HARRIS CORP DEL COM 413875105 858 000000013900 SH DEFINED 01 SOLE
HARTFORD FINL SVCS GROUP INC COM 416515104 21,204 000000305941 SH DEFINED 01 SOLE
HASBRO INC COM 418056107 3,757 000000193889 SH DEFINED 01 SOLE
HEALTH MGMT ASSOC INC NEW NOTE 1.50 421933AF9 5,237 000000050000 PRN DEFINED 01 SOLE
HEALTH MGMT ASSOC INC NEW CL A 421933102 6,687 000000294363 SH DEFINED 01 SOLE
HEICO CORP NEW CL A 422806208 4,618 000000267100 SH DEFINED 01 SOLE
HEINZ H J CO COM 423074103 14,009 000000359303 SH DEFINED 01 SOLE
HELMERICH & PAYNE INC COM 423452101 251 000000007398 SH DEFINED 01 SOLE
HERCULES INC COM 427056106 1,856 000000125017 SH DEFINED 01 SOLE
HERSHEY FOODS CORP COM 427866108 14,000 000000252072 SH DEFINED 01 SOLE
HEWLETT PACKARD CO COM 428236103 69,907 000003333674 SH DEFINED 01 SOLE
HEXCEL CORP NEW COM 428291108 230 000000015926 SH DEFINED 01 SOLE
HIGHWOODS PPTYS INC COM 431284108 208 000000007524 SH DEFINED 01 SOLE
HILLENBRAND INDS INC COM 431573104 560 000000010100 SH DEFINED 01 SOLE
HILTON HOTELS CORP COM 432848109 9,334 000000410488 SH DEFINED 01 SOLE
HOLLYWOOD ENTMT CORP COM 436141105 1,566 000000119687 SH DEFINED 01 SOLE
HOME DEPOT INC COM 437076102 96,426 000002256114 SH DEFINED 01 SOLE
HONEYWELL INTL INC COM 438516106 31,340 000000885074 SH DEFINED 01 SOLE
HORACE MANN EDUCATORS CORP N COM 440327104 265 000000013893 SH DEFINED 01 SOLE
HORMEL FOODS CORP COM 440452100 442 000000014100 SH DEFINED 01 SOLE
HOSPIRA INC COM 441060100 5,405 000000161346 SH DEFINED 01 SOLE
HOUSTON EXPL CO COM 442120101 613 000000010902 SH DEFINED 01 SOLE
HOVNANIAN ENTERPRISES INC CL A 442487203 272 000000005500 SH DEFINED 01 SOLE
HUBBELL INC CL A 443510102 18,357 000000379600 SH DEFINED 01 SOLE
HUMANA INC COM 444859102 4,968 000000167347 SH DEFINED 01 SOLE
HUNTINGTON BANCSHARES INC COM 446150104 6,187 000000250105 SH DEFINED 01 SOLE
IDT CORP CL B 448947309 154 000000010000 SH DEFINED 01 SOLE
IAC INTERACTIVECORP COM 44919P102 5,466 000000197930 SH DEFINED 01 SOLE
IDEC PHARMACEUTICALS CORP NOTE 449370AE5 1,606 000002500000 SH DEFINED 01 SOLE
IMS HEALTH INC COM 449934108 5,847 000000251957 SH DEFINED 01 SOLE
ITT INDS INC IND COM 450911102 8,011 000000094862 SH DEFINED 01 SOLE
IDACORP INC COM 451107106 465 000000015215 SH DEFINED 01 SOLE
IDENIX PHARMACEUTICALS INC COM 45166R204 2,734 000000930974 SH DEFINED 02 SOLE
IDEX CORP COM 45167R104 214 000000005290 SH DEFINED 01 SOLE
ILLINOIS TOOL WKS INC COM 452308109 29,346 000000316642 SH DEFINED 01 SOLE
IMATION CORP COM 45245A107 302 000000009505 SH DEFINED 01 SOLE
IMCLONE SYS INC NOTE 1.37 45245WAF6 2,306 000000025000 PRN DEFINED 01 SOLE
INDEPENDENCE CMNTY BK CORP COM 453414104 212 000000004984 SH DEFINED 01 SOLE
INDYMAC BANCORP INC COM 456607100 478 000000013900 SH DEFINED 01 SOLE
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NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0INSTINET GROUP INC COM 457750107 5,487 000000910000 SH DEFINED 01 SOLE
INTEGRATED ELECTRICAL SVC COM 45811E103 459 000000094908 SH DEFINED 01 SOLE
INTEGRATED CIRCUIT SYS INC COM 45811K208 349 000000016689 SH DEFINED 01 SOLE
INTEGRATED DEVICE TECHNOLOGY COM 458118106 197 000000017118 SH DEFINED 01 SOLE
INTEL CORP COM 458140100 163,832 000007004403 SH DEFINED 01 SOLE
INTEL CORP COM 458140100 25,086 000001079000 SH DEFINED 02 SOLE
INTEL CORP COM 458140100 350 000000015000 SH DEFINED 04 SOLE
INTERNAP NETWORK SVCS CORP COM 45885A102 10 000000011517 SH DEFINED 01 SOLE
INTERNATIONAL BUSINESS MACHS COM 459200101 167,355 000001697666 SH DEFINED 01 SOLE
INTERNATIONAL FLAVORS&FRAGRA COM 459506101 4,198 000000098002 SH DEFINED 01 SOLE
INTERNATIONAL GAME TECHNOLOG COM 459902102 12,471 000000362741 SH DEFINED 01 SOLE
INTL PAPER CO DBCV 460146BM4 4,420 000008000000 SH DEFINED 01 SOLE
INTL PAPER CO COM 460146103 22,654 000000539395 SH DEFINED 01 SOLE
INTERNATIONAL SPEEDWAY CORP CL A 460335201 315 000000005981 SH DEFINED 01 SOLE
INTERNET HOLDRS TR DEPOSIT RC 46059W102 73,613 000001032300 SH DEFINED 01 SOLE
INTERSIL CORP CL A 46069S109 1,119 000000066980 SH DEFINED 01 SOLE
INTERPUBLIC GROUP COS INC COM 460690100 5,849 000000436541 SH DEFINED 01 SOLE
INTUIT COM 461202103 11,523 000000261837 SH DEFINED 01 SOLE
INVACARE CORP COM 461203101 565 000000012232 SH DEFINED 01 SOLE
INVITROGEN CORP COM 46185R100 2,741 000000040838 SH DEFINED 01 SOLE
INVESTORS FINL SERVICES CORP COM 461915100 327 000000006543 SH DEFINED 01 SOLE
IRON MTN INC PA COM 462846106 899 000000029500 SH DEFINED 01 SOLE
ISHARES TR RUSSELL 20 464287655 210,049 000001622000 SH DEFINED 01 SOLE
IVAX CORP NOTE 1.50 465823AJ1 1,451 000000015000 PRN DEFINED 01 SOLE
IVAX CORP COM 465823102 756 000000047800 SH DEFINED 01 SOLE
JDS UNIPHASE CORP COM 46612J101 7,054 000002225545 SH DEFINED 01 SOLE
JPMORGAN & CHASE & CO COM 46625H100 144,246 000003697675 SH DEFINED 01 SOLE
JABIL CIRCUIT INC COM 466313103 5,680 000000222085 SH DEFINED 01 SOLE
JANUS CAP GROUP INC COM 47102X105 4,354 000000259046 SH DEFINED 01 SOLE
JEFFERSON PILOT CORP COM 475070108 7,297 000000140448 SH DEFINED 01 SOLE
JETBLUE AWYS CORP COM 477143101 1,855 000000079920 SH DEFINED 01 SOLE
JOHNSON & JOHNSON COM 478160104 197,781 000003118602 SH DEFINED 01 SOLE
JOHNSON CTLS INC COM 478366107 12,642 000000199288 SH DEFINED 01 SOLE
JONES APPAREL GROUP INC COM 480074103 4,939 000000135069 SH DEFINED 01 SOLE
JUNIPER NETWORKS INC COM 48203R104 3,812 000000140235 SH DEFINED 01 SOLE
KLA-TENCOR CORP COM 482480100 12,598 000000270474 SH DEFINED 01 SOLE
KB HOME COM 48666K109 5,255 000000050339 SH DEFINED 01 SOLE
KEANE INC COM 486665102 208 000000014204 SH DEFINED 01 SOLE
KELLOGG CO COM 487836108 19,321 000000432643 SH DEFINED 01 SOLE
KELLWOOD CO COM 488044108 347 000000010074 SH DEFINED 01 SOLE
KEMET CORP COM 488360108 185 000000020730 SH DEFINED 01 SOLE
KENNAMETAL INC COM 489170100 221 000000004446 SH DEFINED 01 SOLE
KERR MCGEE CORP COM 492386107 11,033 000000190919 SH DEFINED 01 SOLE
KEYCORP NEW COM 493267108 14,192 000000418653 SH DEFINED 01 SOLE
KEYSPAN CORP COM 49337W100 6,526 000000165437 SH DEFINED 01 SOLE
KIMBERLY CLARK CORP COM 494368103 32,987 000000501252 SH DEFINED 01 SOLE
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NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0KINDER MORGAN INC KANS COM 49455P101 9,355 000000127932 SH DEFINED 01 SOLE
KING PHARMACEUTICALS INC COM 495582108 3,143 000000253496 SH DEFINED 01 SOLE
KMART HLDG CORPORATION COM 498780105 2,241 000000022654 SH DEFINED 01 SOLE
KNIGHT RIDDER INC COM 499040103 5,652 000000084434 SH DEFINED 01 SOLE
KOHLS CORP COM 500255104 18,048 000000367070 SH DEFINED 01 SOLE
KOSAN BIOSCIENCES INC COM 50064W107 288 000000041585 SH DEFINED 01 SOLE
KORN FERRY INTL COM NEW 500643200 224 000000010839 SH DEFINED 01 SOLE
KRISPY KREME DOUGHNUTS INC COM 501014104 2,702 000000214478 SH DEFINED 01 SOLE
KROGER CO COM 501044101 13,361 000000761790 SH DEFINED 01 SOLE
LSI LOGIC CORP COM 502161102 2,253 000000411283 SH DEFINED 01 SOLE
LTX CORP COM 502392103 167 000000021787 SH DEFINED 01 SOLE
L-3 COMMUNICATIONS HLDGS INC COM 502424104 8,650 000000118108 SH DEFINED 01 SOLE
LABORATORY CORP AMER HLDGS NOTE 50540RAC6 7,712 000010000000 SH DEFINED 01 SOLE
LABORATORY CORP AMER HLDGS COM NEW 50540R409 7,088 000000142273 SH DEFINED 01 SOLE
LABRANCHE & CO INC COM 505447102 167 000000018695 SH DEFINED 01 SOLE
LAM RESEARCH CORP COM 512807108 1,979 000000068460 SH DEFINED 01 SOLE
LAMAR ADVERTISING CO CL A 512815101 968 000000022645 SH DEFINED 01 SOLE
LANCASTER COLONY CORP COM 513847103 220 000000005146 SH DEFINED 01 SOLE
LANDAMERICA FINL GROUP INC COM 514936103 890 000000016508 SH DEFINED 01 SOLE
LATTICE SEMICONDUCTOR CORP COM 518415104 176 000000030979 SH DEFINED 01 SOLE
LEAPFROG ENTERPRISES INC CL A 52186N106 3,269 000000240388 SH DEFINED 01 SOLE
LEGGETT & PLATT INC COM 524660107 6,281 000000220935 SH DEFINED 01 SOLE
LEHMAN BROS HLDGS INC COM 524908100 24,378 000000278671 SH DEFINED 01 SOLE
LENNAR CORP CL A 526057104 204 000000003600 SH DEFINED 01 SOLE
LENNAR CORP CL B 526057302 19,845 000000380100 SH DEFINED 01 SOLE
LEUCADIA NATL CORP NOTE 3.75 527288AX2 4,326 000000035000 PRN DEFINED 01 SOLE
LEUCADIA NATL CORP COM 527288104 1,528 000000022000 SH DEFINED 01 SOLE
LEVEL 3 COMMUNICATIONS INC COM 52729N100 689 000000203297 SH DEFINED 01 SOLE
LEXMARK INTL NEW CL A 529771107 11,612 000000136618 SH DEFINED 01 SOLE
LIBERTY MEDIA CORP NEW COM SER A 530718105 663 000000060400 SH DEFINED 01 SOLE
LIBERTY MEDIA INTL INC COM SER A 530719103 2,159 000000046712 SH DEFINED 01 SOLE
LIFEPOINT HOSPITALS INC COM 53219L109 433 000000012449 SH DEFINED 01 SOLE
LILLY ELI & CO COM 532457108 66,475 000001171372 SH DEFINED 01 SOLE
LIMITED BRANDS INC COM 532716107 9,819 000000426553 SH DEFINED 01 SOLE
LINCARE HLDGS INC COM 532791100 1,241 000000029100 SH DEFINED 01 SOLE
LINCOLN NATL CORP IND COM 534187109 8,469 000000181435 SH DEFINED 01 SOLE
LINEAR TECHNOLOGY CORP COM 535678106 16,608 000000428503 SH DEFINED 01 SOLE
LINENS N THINGS INC COM 535679104 664 000000026790 SH DEFINED 01 SOLE
LIONS GATE ENTMNT CORP COM NEW 535919203 3,451 000000325000 SH DEFINED 01 SOLE
LIZ CLAIBORNE INC COM 539320101 4,942 000000117093 SH DEFINED 01 SOLE
LOCKHEED MARTIN CORP COM 539830109 26,686 000000480406 SH DEFINED 01 SOLE
LOEWS CORP COM 540424108 13,363 000000190087 SH DEFINED 01 SOLE
LONGVIEW FIBRE CO COM 543213102 185 000000010227 SH DEFINED 01 SOLE
LOUISIANA PAC CORP COM 546347105 3,153 000000117937 SH DEFINED 01 SOLE
LOWES COS INC COM 548661107 45,789 000000795096 SH DEFINED 01 SOLE
LUCENT TECHNOLOGIES INC COM 549463107 21,499 000005718050 SH DEFINED 01 SOLE
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NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0LUCENT TECHNOLOGIES INC COM 549463107 376 000000100000 SH DEFINED 04 SOLE
M & T BK CORP COM 55261F104 12,874 000000119381 SH DEFINED 01 SOLE
MBIA INC COM 55262C100 9,157 000000144714 SH DEFINED 01 SOLE
MBNA CORP COM 55262L100 37,012 000001312970 SH DEFINED 01 SOLE
M D C HLDGS INC COM 552676108 397 000000004600 SH DEFINED 01 SOLE
MDU RES GROUP INC COM 552690109 288 000000010800 SH DEFINED 01 SOLE
MCI INC COM 552691107 4,064 000000201590 SH DEFINED 01 SOLE
MGIC INVT CORP WIS COM 552848103 6,861 000000099578 SH DEFINED 01 SOLE
MGI PHARMA INC COM 552880106 1,210 000000043200 SH DEFINED 01 SOLE
MPS GROUP INC COM 553409103 233 000000019068 SH DEFINED 01 SOLE
MACROVISION CORP COM 555904101 207 000000008052 SH DEFINED 01 SOLE
MAGELLAN HEALTH SVCS INC COM NEW 559079207 5,015 000000146829 SH DEFINED 01 SOLE
MANDALAY RESORT GROUP DBCV 562567AK3 8,242 000000057500 PRN DEFINED 01 SOLE
MANDALAY RESORT GROUP COM 562567107 26,559 000000377100 SH DEFINED 01 SOLE
MANITOWOC INC COM 563571108 209 000000005558 SH DEFINED 01 SOLE
MANOR CARE INC NEW COM 564055101 3,683 000000103979 SH DEFINED 01 SOLE
MANPOWER INC COM 56418H100 777 000000016100 SH DEFINED 01 SOLE
MARATHON OIL CORP COM 565849106 13,893 000000369397 SH DEFINED 01 SOLE
MARSH & MCLENNAN COS INC COM 571748102 18,199 000000553167 SH DEFINED 01 SOLE
MARSHALL & ILSLEY CORP COM 571834100 10,233 000000231519 SH DEFINED 01 SOLE
MARRIOTT INTL INC NEW CL A 571903202 14,535 000000230795 SH DEFINED 01 SOLE
MASCO CORP COM 574599106 17,055 000000466879 SH DEFINED 01 SOLE
MATTEL INC COM 577081102 8,470 000000434614 SH DEFINED 01 SOLE
MAXIM INTEGRATED PRODS INC COM 57772K101 19,749 000000465894 SH DEFINED 01 SOLE
MAXTOR CORP NOTE 6.80 577729AC0 2,037 000000020000 PRN DEFINED 01 SOLE
MAY DEPT STORES CO COM 577778103 8,881 000000302094 SH DEFINED 01 SOLE
MAYTAG CORP COM 578592107 2,134 000000101181 SH DEFINED 01 SOLE
MCAFEE INC COM 579064106 350 000000012100 SH DEFINED 01 SOLE
MCCORMICK & CO INC COM NON VT 579780206 5,826 000000150943 SH DEFINED 01 SOLE
MCDATA CORP CL B 580031102 5,217 000000926796 SH DEFINED 01 SOLE
MCDATA CORP CL A 580031201 177 000000029758 SH DEFINED 01 SOLE
MCDONALDS CORP COM 580135101 41,633 000001298611 SH DEFINED 01 SOLE
MCGRAW HILL COS INC COM 580645109 17,826 000000194739 SH DEFINED 01 SOLE
MCKESSON CORP COM 58155Q103 10,100 000000321048 SH DEFINED 01 SOLE
MEADWESTVACO CORP COM 583334107 7,169 000000211558 SH DEFINED 01 SOLE
MEDCO HEALTH SOLUTIONS INC COM 58405U102 11,640 000000279813 SH DEFINED 01 SOLE
MEDICIS PHARMACEUTICAL CORP CL A NEW 584690309 649 000000018500 SH DEFINED 01 SOLE
MEDIMMUNE INC COM 584699102 8,861 000000326886 SH DEFINED 01 SOLE
MEDTRONIC INC DBCV 1.25 585055AB2 25,281 000000250000 PRN DEFINED 01 SOLE
MEDTRONIC INC COM 585055106 63,706 000001282586 SH DEFINED 01 SOLE
MELLON FINL CORP COM 58551A108 13,570 000000436208 SH DEFINED 01 SOLE
MENTOR GRAPHICS CORP COM 587200106 197 000000012894 SH DEFINED 01 SOLE
MERCANTILE BANKSHARES CORP COM 587405101 225 000000004324 SH DEFINED 01 SOLE
MERCK & CO INC COM 589331107 73,479 000002286230 SH DEFINED 01 SOLE
MERCURY INTERACTIVE CORP NOTE 589405AD1 2,653 000002500000 SH DEFINED 01 SOLE
MERCURY INTERACTIVE CORP COM 589405109 5,163 000000113353 SH DEFINED 01 SOLE
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NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0MEREDITH CORP COM 589433101 2,881 000000053166 SH DEFINED 01 SOLE
MERRILL LYNCH & CO INC COM 590188108 57,497 000000961975 SH DEFINED 01 SOLE
MERRILL LYNCH & CO INC COM 590188108 23,716 000000395400 SH DEFINED 02 SOLE
METALS USA INC COM NEW 591324207 1,047 000000056451 SH DEFINED 01 SOLE
METLIFE INC COM 59156R108 31,609 000000780298 SH DEFINED 01 SOLE
METRO GOLDWYN MAYER INC COM 591610100 1,782 000000150000 SH DEFINED 01 SOLE
MICREL INC COM 594793101 181 000000016447 SH DEFINED 01 SOLE
MICROSOFT CORP COM 594918104 323,549 000012108884 SH DEFINED 01 SOLE
MICROCHIP TECHNOLOGY INC COM 595017104 1,859 000000069928 SH DEFINED 01 SOLE
MICRON TECHNOLOGY INC COM 595112103 7,801 000000631699 SH DEFINED 01 SOLE
MICROSEMI CORP COM 595137100 181 000000010472 SH DEFINED 01 SOLE
MILLENNIUM PHARMACEUTICALS I COM 599902103 1,872 000000154214 SH DEFINED 01 SOLE
MILLIPORE CORP COM 601073109 2,614 000000052495 SH DEFINED 01 SOLE
MINERALS TECHNOLOGIES INC COM 603158106 201 000000003016 SH DEFINED 01 SOLE
MISSION RESOURCES CORP COM 605109107 443 000000076000 SH DEFINED 01 SOLE
MOHAWK INDS INC COM 608190104 237 000000002600 SH DEFINED 01 SOLE
MOLEX INC COM 608554101 6,759 000000225325 SH DEFINED 01 SOLE
MOLEX INC CL A 608554200 22,631 000000849213 SH DEFINED 01 SOLE
MONACO COACH CORP COM 60886R103 335 000000016334 SH DEFINED 01 SOLE
MONSANTO CO NEW COM 61166W101 15,006 000000270136 SH DEFINED 01 SOLE
MONSTER WORLDWIDE INC COM 611742107 4,228 000000125708 SH DEFINED 01 SOLE
MOODYS CORP COM 615369105 13,164 000000151577 SH DEFINED 01 SOLE
MORGAN STANLEY COM NEW 617446448 63,049 000001135616 SH DEFINED 01 SOLE
MOTOROLA INC COM 620076109 44,406 000002581794 SH DEFINED 01 SOLE
MOTOROLA INC COM 620076109 172 000000010000 SH DEFINED 04 SOLE
MOVIE GALLERY INC COM 624581104 1,487 000000077976 SH DEFINED 01 SOLE
MURPHY OIL CORP COM 626717102 804 000000010000 SH DEFINED 01 SOLE
MYLAN LABS INC COM 628530107 5,012 000000283494 SH DEFINED 01 SOLE
NBTY INC COM 628782104 881 000000036700 SH DEFINED 01 SOLE
NCR CORP NEW COM 62886E108 6,641 000000095940 SH DEFINED 01 SOLE
NTL INC DEL COM 62940M104 7,478 000000102503 SH DEFINED 01 SOLE
NASDAQ 100 TR UNIT SER 1 631100104 553,577 000013868907 SH DEFINED 01 SOLE
NATIONAL CITY CORP COM 635405103 26,871 000000715611 SH DEFINED 01 SOLE
NATIONAL FUEL GAS CO N J COM 636180101 391 000000013800 SH DEFINED 01 SOLE
NATIONAL INSTRS CORP COM 636518102 300 000000011044 SH DEFINED 01 SOLE
NATIONAL-OILWELL INC COM 637071101 338 000000009600 SH DEFINED 01 SOLE
NATIONAL SEMICONDUCTOR CORP COM 637640103 6,629 000000369323 SH DEFINED 01 SOLE
NATIONWIDE FINL SVCS INC CL A 638612101 248 000000006500 SH DEFINED 01 SOLE
NAVISTAR INTL CORP NEW COM 63934E108 3,217 000000073155 SH DEFINED 01 SOLE
NEENAH PAPER INC COM 640079109 1,566 000000048040 SH DEFINED 01 SOLE
NEIMAN MARCUS GROUP INC CL A 640204202 207 000000002900 SH DEFINED 01 SOLE
NEIMAN MARCUS GROUP INC CL B 640204301 20,547 000000307600 SH DEFINED 01 SOLE
NEKTAR THERAPEUTICS COM 640268108 926 000000045752 SH DEFINED 01 SOLE
NETWORK APPLIANCE INC COM 64120L104 15,611 000000469946 SH DEFINED 01 SOLE
NEW YORK CMNTY BANCORP INC COM 649445103 404 000000019668 SH DEFINED 01 SOLE
NEW YORK TIMES CO CL A 650111107 6,108 000000149713 SH DEFINED 01 SOLE
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NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0NEWELL RUBBERMAID INC COM 651229106 7,457 000000308271 SH DEFINED 01 SOLE
NEWFIELD EXPL CO COM 651290108 572 000000009700 SH DEFINED 01 SOLE
NEWMONT MINING CORP COM 651639106 20,985 000000472534 SH DEFINED 01 SOLE
NEWPORT CORP COM 651824104 171 000000012153 SH DEFINED 01 SOLE
NEWS CORP CL A 65248E104 158,061 000008470586 SH DEFINED 01 SOLE
NEWS CORP CL B 65248E203 46,142 000002403250 SH DEFINED 01 SOLE
NEXTEL COMMUNICATIONS INC CL A 65332V103 46,411 000001546539 SH DEFINED 01 SOLE
NEXTEL PARTNERS INC CL A 65333F107 195 000000010000 SH DEFINED 01 SOLE
NEXTEL PARTNERS INC CL A 65333F107 20,271 000001036100 SH DEFINED 02 SOLE
NICOR INC COM 654086107 1,907 000000051630 SH DEFINED 01 SOLE
NIKE INC CL B 654106103 24,557 000000270788 SH DEFINED 01 SOLE
99 CENTS ONLY STORES COM 65440K106 215 000000013343 SH DEFINED 01 SOLE
NISOURCE INC COM 65473P105 6,348 000000278709 SH DEFINED 01 SOLE
NOBLE ENERGY INC COM 655044105 635 000000010300 SH DEFINED 01 SOLE
NORDSON CORP COM 655663102 268 000000006703 SH DEFINED 01 SOLE
NORDSTROM INC COM 655664100 6,890 000000147458 SH DEFINED 01 SOLE
NORFOLK SOUTHERN CORP COM 655844108 14,852 000000410404 SH DEFINED 01 SOLE
NORTH FORK BANCORPORATION NY COM 659424105 14,738 000000510873 SH DEFINED 01 SOLE
NORTHEAST UTILS COM 664397106 197 000000010500 SH DEFINED 01 SOLE
NORTHERN TR CORP COM 665859104 11,067 000000227817 SH DEFINED 01 SOLE
NORTHROP GRUMMAN CORP COM 666807102 20,937 000000385156 SH DEFINED 01 SOLE
NOVATEL WIRELESS INC COM NEW 66987M604 232 000000011962 SH DEFINED 01 SOLE
NOVASTAR FINL INC COM 669947400 3,839 000000077566 SH DEFINED 01 SOLE
NOVELL INC COM 670006105 2,675 000000396319 SH DEFINED 01 SOLE
NOVELLUS SYS INC COM 670008101 5,655 000000202783 SH DEFINED 01 SOLE
NUCOR CORP COM 670346105 8,579 000000163911 SH DEFINED 01 SOLE
NVIDIA CORP COM 67066G104 4,287 000000181979 SH DEFINED 01 SOLE
OGE ENERGY CORP COM 670837103 209 000000007900 SH DEFINED 01 SOLE
OCCIDENTAL PETE CORP DEL COM 674599105 23,886 000000409304 SH DEFINED 01 SOLE
OCULAR SCIENCES INC COM 675744106 4,215 000000086012 SH DEFINED 01 SOLE
OFFICEMAX INC DEL COM 67622P101 5,952 000000189701 SH DEFINED 01 SOLE
OFFICE DEPOT INC COM 676220106 5,645 000000325201 SH DEFINED 01 SOLE
OFFSHORE LOGISTICS INC COM 676255102 227 000000007007 SH DEFINED 01 SOLE
OHIO CAS CORP COM 677240103 204 000000008791 SH DEFINED 01 SOLE
OIL SVC HOLDRS TR DEPOSTRY R 678002106 103,011 000001210900 SH DEFINED 01 SOLE
OLD REP INTL CORP COM 680223104 604 000000023900 SH DEFINED 01 SOLE
OLIN CORP COM PAR $1 680665205 208 000000009454 SH DEFINED 01 SOLE
OMNICARE INC COM 681904108 585 000000016900 SH DEFINED 01 SOLE
OMNICOM GROUP INC COM 681919106 16,190 000000192011 SH DEFINED 01 SOLE
ON SEMICONDUCTOR CORP COM 682189105 113 000000025000 SH DEFINED 01 SOLE
ONYX PHARMACEUTICALS INC COM 683399109 1,320 000000040778 SH DEFINED 01 SOLE
ORACLE CORP COM 68389X105 80,087 000005837257 SH DEFINED 01 SOLE
O REILLY AUTOMOTIVE INC COM 686091109 413 000000009173 SH DEFINED 01 SOLE
OVERSEAS SHIPHOLDING GROUP I COM 690368105 781 000000014165 SH DEFINED 01 SOLE
OWENS ILL INC COM NEW 690768403 332 000000014700 SH DEFINED 01 SOLE
PG&E CORP COM 69331C108 13,794 000000414511 SH DEFINED 01 SOLE
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NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0P F CHANGS CHINA BISTRO INC COM 69333Y108 220 000000003921 SH DEFINED 01 SOLE
PMA CAP CORP CL A 693419202 3,892 000000376074 SH DEFINED 01 SOLE
PMC-SIERRA INC COM 69344F106 2,182 000000193988 SH DEFINED 01 SOLE
PMI GROUP INC COM 69344M101 217 000000005200 SH DEFINED 01 SOLE
PNC FINL SVCS GROUP INC COM 693475105 16,704 000000290824 SH DEFINED 01 SOLE
PNM RES INC COM 69349H107 208 000000008245 SH DEFINED 01 SOLE
PPG INDS INC COM 693506107 12,226 000000179383 SH DEFINED 01 SOLE
PPL CORP COM 69351T106 10,558 000000198168 SH DEFINED 01 SOLE
PACCAR INC COM 693718108 18,177 000000225865 SH DEFINED 01 SOLE
PACIFIC SUNWEAR CALIF INC COM 694873100 254 000000011445 SH DEFINED 01 SOLE
PACTIV CORP COM 695257105 3,991 000000157820 SH DEFINED 01 SOLE
PALL CORP COM 696429307 3,742 000000129262 SH DEFINED 01 SOLE
PALMONE INC COM 69713P107 261 000000008303 SH DEFINED 01 SOLE
PAR PHARMACEUTICAL COS INC COM 69888P106 201 000000004864 SH DEFINED 01 SOLE
PARAMETRIC TECHNOLOGY CORP COM 699173100 1,770 000000300662 SH DEFINED 01 SOLE
PARKER DRILLING CO COM 701081101 589 000000150000 SH DEFINED 01 SOLE
PARKER HANNIFIN CORP COM 701094104 9,586 000000126565 SH DEFINED 01 SOLE
PARTNERS TR FINL GROUP INC N COM 70213F102 130 000000011225 SH DEFINED 01 SOLE
PATINA OIL & GAS CORP COM 703224105 7,057 000000188200 SH DEFINED 01 SOLE
PATTERSON COMPANIES INC COM 703395103 1,557 000000035900 SH DEFINED 01 SOLE
PAYCHEX INC COM 704326107 16,671 000000489196 SH DEFINED 01 SOLE
PAYLESS SHOESOURCE INC COM 704379106 184 000000014999 SH DEFINED 01 SOLE
PEDIATRIX MED GROUP COM 705324101 204 000000003190 SH DEFINED 01 SOLE
PENN ENGR & MFG CORP CL A 707389102 442 000000029500 SH DEFINED 01 SOLE
PENNEY J C INC COM 708160106 12,305 000000297224 SH DEFINED 01 SOLE
PEOPLES ENERGY CORP COM 711030106 1,846 000000042020 SH DEFINED 01 SOLE
PEOPLESOFT INC COM 712713106 11,134 000000420344 SH DEFINED 01 SOLE
PEPCO HOLDINGS INC COM 713291102 409 000000019200 SH DEFINED 01 SOLE
PEPSI BOTTLING GROUP INC COM 713409100 7,425 000000274623 SH DEFINED 01 SOLE
PEPSIAMERICAS INC COM 71343P200 354 000000016700 SH DEFINED 01 SOLE
PEPSICO INC COM 713448108 90,760 000001738701 SH DEFINED 01 SOLE
PERKINELMER INC COM 714046109 3,155 000000140311 SH DEFINED 01 SOLE
PEROT SYS CORP CL A 714265105 168 000000010518 SH DEFINED 01 SOLE
PERRIGO CO COM 714290103 214 000000012438 SH DEFINED 01 SOLE
PETRO-CDA COM 71644E102 311 000000006100 SH DEFINED 01 SOLE
PETROLEO BRASILEIRO SA PETRO SPONSORED 71654V101 20,429 000000564200 SH DEFINED 01 SOLE
PETSMART INC COM 716768106 1,419 000000039948 SH DEFINED 01 SOLE
PFIZER INC COM 717081103 213,423 000007936902 SH DEFINED 01 SOLE
PFIZER INC COM 717081103 268 000000010000 SH DEFINED 04 SOLE
PHARMACEUTICAL PROD DEV INC COM 717124101 247 000000006000 SH DEFINED 01 SOLE
PHELPS DODGE CORP COM 717265102 9,758 000000098646 SH DEFINED 01 SOLE
PILGRIMS PRIDE CORP COM 721467108 613 000000020000 SH DEFINED 01 SOLE
PINNACLE WEST CAP CORP COM 723484101 4,338 000000097695 SH DEFINED 01 SOLE
PIONEER NAT RES CO COM 723787107 305 000000008700 SH DEFINED 01 SOLE
PITNEY BOWES INC COM 724479100 10,963 000000236904 SH DEFINED 01 SOLE
PIXAR COM 725811103 1,436 000000016783 SH DEFINED 01 SOLE
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NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0PLACER DOME INC COM 725906101 912 000000048400 SH DEFINED 01 SOLE
PLAINS EXPL& PRODTN CO COM 726505100 266 000000010255 SH DEFINED 01 SOLE
PLANTRONICS INC NEW COM 727493108 319 000000007700 SH DEFINED 01 SOLE
PLEXUS CORP COM 729132100 260 000000020047 SH DEFINED 01 SOLE
PLUM CREEK TIMBER CO INC COM 729251108 7,254 000000188721 SH DEFINED 01 SOLE
POTLATCH CORP COM 737628107 205 000000004068 SH DEFINED 01 SOLE
POWER-ONE INC COM 739308104 886 000000099342 SH DEFINED 01 SOLE
POWERWAVE TECHNOLOGIES INC COM 739363109 178 000000021002 SH DEFINED 01 SOLE
PRAXAIR INC COM 74005P104 15,150 000000343158 SH DEFINED 01 SOLE
PRICE T ROWE GROUP INC COM 74144T108 8,181 000000131530 SH DEFINED 01 SOLE
PRIDE INTL INC DEL NOTE 3.25 74153QAD4 3,251 000000030000 PRN DEFINED 01 SOLE
PRIDE INTL INC DEL COM 74153Q102 301 000000014700 SH DEFINED 01 SOLE
PRINCIPAL FINANCIAL GROUP IN COM 74251V102 13,123 000000320564 SH DEFINED 01 SOLE
PROCTER & GAMBLE CO COM 742718109 144,034 000002615011 SH DEFINED 01 SOLE
PROGRESS ENERGY INC COM 743263105 11,755 000000259856 SH DEFINED 01 SOLE
PROGRESSIVE CORP OHIO COM 743315103 17,483 000000206079 SH DEFINED 01 SOLE
PROLOGIS SH BEN INT 743410102 8,183 000000188857 SH DEFINED 01 SOLE
PROQUEST COMPANY COM 74346P102 562 000000018950 SH DEFINED 01 SOLE
PROTECTIVE LIFE CORP COM 743674103 332 000000007800 SH DEFINED 01 SOLE
PROTEIN DESIGN LABS INC COM 74369L103 996 000000048256 SH DEFINED 01 SOLE
PROVINCE HEALTHCARE CO COM 743977100 2,837 000000126961 SH DEFINED 01 SOLE
PROVIDIAN FINL CORP NOTE 4.00 74406AAC6 2,797 000000020000 PRN DEFINED 01 SOLE
PROVIDIAN FINL CORP COM 74406A102 5,051 000000306736 SH DEFINED 01 SOLE
PRUDENTIAL FINL INC COM 744320102 28,917 000000526157 SH DEFINED 01 SOLE
PUBLIC SVC ENTERPRISE GROUP COM 744573106 12,636 000000244094 SH DEFINED 01 SOLE
PULTE HOMES INC COM 745867101 9,171 000000143751 SH DEFINED 01 SOLE
QLOGIC CORP COM 747277101 4,720 000000128528 SH DEFINED 01 SOLE
QUALCOMM INC COM 747525103 94,356 000002225378 SH DEFINED 01 SOLE
QUALITY DISTR INC FLA COM 74756M102 1,185 000000140332 SH DEFINED 01 SOLE
QUANTA SVCS INC COM 74762E102 168 000000021059 SH DEFINED 01 SOLE
QUANTUM FUEL SYS TECH WORLDW COM 74765E109 140 000000023400 SH DEFINED 01 SOLE
QUEST DIAGNOSTICS INC COM 74834L100 9,922 000000103851 SH DEFINED 01 SOLE
QUESTAR CORP COM 748356102 280 000000005500 SH DEFINED 01 SOLE
QWEST COMMUNICATIONS INTL IN COM 749121109 8,293 000001867986 SH DEFINED 01 SOLE
RPM INTL INC COM 749685103 587 000000029900 SH DEFINED 01 SOLE
RSA SEC INC COM 749719100 233 000000011632 SH DEFINED 01 SOLE
RF MICRODEVICES INC COM 749941100 677 000000099086 SH DEFINED 01 SOLE
RADIAN GROUP INC COM 750236101 862 000000016200 SH DEFINED 01 SOLE
RADIO ONE INC CL A 75040P108 16,952 000001052974 SH DEFINED 01 SOLE
RADIOSHACK CORP COM 750438103 6,944 000000211195 SH DEFINED 01 SOLE
RAMBUS INC DEL COM 750917106 838 000000036464 SH DEFINED 01 SOLE
RAMBUS INC DEL COM 750917106 1,536 000000066800 SH DEFINED 04 SOLE
RAYTHEON CO COM NEW 755111507 18,285 000000470904 SH DEFINED 01 SOLE
READERS DIGEST ASSN INC COM 755267101 423 000000030429 SH DEFINED 01 SOLE
RED HAT INC COM 756577102 791 000000059277 SH DEFINED 01 SOLE
REEBOK INTL LTD COM 758110100 2,701 000000061404 SH DEFINED 01 SOLE
1Page 19 05-02-10 16:19:43
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INFORMATION TABLE
QUARTER ENDING
12/31/2004
NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0REGIONAL BK HOLDRS TR DEPOSITRY 75902E100 72,167 000000508400 SH DEFINED 01 SOLE
REGIONS FINANCIAL CORP NEW COM 7591EP100 16,989 000000477374 SH DEFINED 01 SOLE
RENT A CTR INC NEW COM 76009N100 662 000000025017 SH DEFINED 01 SOLE
REPUBLIC SVCS INC COM 760759100 342 000000010200 SH DEFINED 01 SOLE
RESEARCH IN MOTION LTD COM 760975102 7,831 000000095020 SH DEFINED 01 SOLE
RESPIRONICS INC COM 761230101 307 000000005648 SH DEFINED 01 SOLE
RETAIL HOLDRS TR DEP RCPT 76127U101 40,775 000000413500 SH DEFINED 01 SOLE
RETEK INC COM 76128Q109 159 000000025857 SH DEFINED 01 SOLE
REWARDS NETWORK INC COM 761557107 1,509 000000215637 SH DEFINED 01 SOLE
REYNOLDS AMERICAN INC COM 761713106 11,886 000000151234 SH DEFINED 01 SOLE
RIGEL PHARMACEUTICALS INC COM NEW 766559603 743 000000030431 SH DEFINED 01 SOLE
ROBERT HALF INTL INC COM 770323103 5,556 000000188804 SH DEFINED 01 SOLE
ROCKWELL AUTOMATION INC COM 773903109 9,392 000000189554 SH DEFINED 01 SOLE
ROCKWELL COLLINS INC COM 774341101 7,158 000000181496 SH DEFINED 01 SOLE
ROHM & HAAS CO COM 775371107 10,515 000000237748 SH DEFINED 01 SOLE
ROPER INDS INC NEW COM 776696106 820 000000013500 SH DEFINED 01 SOLE
ROSS STORES INC COM 778296103 1,260 000000043654 SH DEFINED 01 SOLE
ROWAN COS INC COM 779382100 2,920 000000112779 SH DEFINED 01 SOLE
RUBY TUESDAY INC COM 781182100 652 000000025000 SH DEFINED 01 SOLE
RYDER SYS INC COM 783549108 4,440 000000092953 SH DEFINED 01 SOLE
RYLAND GROUP INC COM 783764103 230 000000004000 SH DEFINED 01 SOLE
SBC COMMUNICATIONS INC COM 78387G103 87,920 000003411754 SH DEFINED 01 SOLE
SLM CORP COM 78442P106 23,602 000000442074 SH DEFINED 01 SOLE
SPDR TR UNIT SER 1 78462F103 432,126 000003575137 SH DEFINED 01 SOLE
S1 CORPORATION COM 78463B101 4,097 000000452797 SH DEFINED 01 SOLE
SPX CORP COM 784635104 608 000000015200 SH DEFINED 01 SOLE
SABRE HLDGS CORP CL A 785905100 3,401 000000153491 SH DEFINED 01 SOLE
SAFECO CORP COM 786429100 6,820 000000130570 SH DEFINED 01 SOLE
SAFEWAY INC COM NEW 786514208 9,111 000000461583 SH DEFINED 01 SOLE
ST JUDE MED INC COM 790849103 15,364 000000366422 SH DEFINED 01 SOLE
ST PAUL TRAVELERS INC COM 792860108 25,573 000000689864 SH DEFINED 01 SOLE
SAKS INC NOTE 2.00 79377WAL2 4,443 000000045000 PRN DEFINED 01 SOLE
SAKS INC COM 79377W108 163 000000011300 SH DEFINED 01 SOLE
SANDISK CORP COM 80004C101 1,293 000000051821 SH DEFINED 01 SOLE
SANMINA SCI CORP COM 800907107 6,157 000000726982 SH DEFINED 01 SOLE
SARA LEE CORP COM 803111103 19,790 000000819806 SH DEFINED 01 SOLE
SCHEIN HENRY INC COM 806407102 364 000000005228 SH DEFINED 01 SOLE
SCHERING PLOUGH CORP COM 806605101 31,569 000001511956 SH DEFINED 01 SOLE
SCHLUMBERGER LTD COM 806857108 40,465 000000604414 SH DEFINED 01 SOLE
SCHOLASTIC CORP COM 807066105 287 000000007770 SH DEFINED 01 SOLE
SCHWAB CHARLES CORP NEW COM 808513105 16,626 000001390188 SH DEFINED 01 SOLE
SCIENTIFIC ATLANTA INC COM 808655104 5,233 000000158554 SH DEFINED 01 SOLE
SEACOR HOLDINGS INC COM 811904101 210 000000003936 SH DEFINED 01 SOLE
SEALED AIR CORP NEW COM 81211K100 4,617 000000086679 SH DEFINED 01 SOLE
SEARS ROEBUCK & CO COM 812387108 10,843 000000212487 SH DEFINED 01 SOLE
SELECT SECTOR SPDR TR SBI INT-EN 81369Y506 72,640 000002000000 SH DEFINED 01 SOLE
1Page 20 05-02-10 16:19:43
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QUARTER ENDING
12/31/2004
NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0SELECT SECTOR SPDR TR SBI INT-FI 81369Y605 183,180 000006000000 SH DEFINED 01 SOLE
SELECT SECTOR SPDR TR SBI INT-UT 81369Y886 55,700 000002000000 SH DEFINED 01 SOLE
SELECT MEDICAL CORP COM 816196109 1,824 000000103652 SH DEFINED 01 SOLE
SEMICONDUCTOR HLDRS TR DEP RCPT 816636203 6,807 000000204000 SH DEFINED 01 SOLE
SEMPRA ENERGY COM 816851109 8,865 000000241711 SH DEFINED 01 SOLE
SEROLOGICALS CORP COM 817523103 254 000000011507 SH DEFINED 01 SOLE
7-ELEVEN INC COM NEW 817826209 273 000000011400 SH DEFINED 01 SOLE
SHERWIN WILLIAMS CO COM 824348106 6,499 000000145638 SH DEFINED 01 SOLE
SIEBEL SYS INC COM 826170102 7,470 000000712144 SH DEFINED 01 SOLE
SIERRA PAC RES NEW COM 826428104 197 000000018852 SH DEFINED 01 SOLE
SIGMA ALDRICH CORP COM 826552101 5,483 000000090692 SH DEFINED 01 SOLE
SILICON GRAPHICS INC COM 827056102 17 000000010362 SH DEFINED 01 SOLE
SILICON VY BANCSHARES NOTE 827064AC0 9,528 000007000000 SH DEFINED 01 SOLE
SILICON VY BANCSHARES COM 827064106 227 000000005084 SH DEFINED 01 SOLE
SIMON PPTY GROUP INC NEW COM 828806109 14,662 000000226726 SH DEFINED 01 SOLE
SINCLAIR BROADCAST GROUP INC CL A 829226109 1,289 000000140000 SH DEFINED 01 SOLE
SIRIUS SATELLITE RADIO INC COM 82966U103 2,391 000000313840 SH DEFINED 01 SOLE
SKYWORKS SOLUTIONS INC COM 83088M102 329 000000034984 SH DEFINED 01 SOLE
SMITH INTL INC COM 832110100 897 000000016500 SH DEFINED 01 SOLE
SMITHFIELD FOODS INC COM 832248108 355 000000012000 SH DEFINED 01 SOLE
SMUCKER J M CO COM NEW 832696405 338 000000007200 SH DEFINED 01 SOLE
SMURFIT-STONE CONTAINER CORP COM 832727101 1,385 000000074175 SH DEFINED 01 SOLE
SNAP ON INC COM 833034101 2,109 000000061404 SH DEFINED 01 SOLE
SOLA INTL INC COM 834092108 2,100 000000076266 SH DEFINED 01 SOLE
SOLECTRON CORP NOTE 0.50 834182AS6 2,193 000000025000 PRN DEFINED 01 SOLE
SOLECTRON CORP COM 834182107 5,640 000001058259 SH DEFINED 01 SOLE
SONOCO PRODS CO COM 835495102 418 000000014100 SH DEFINED 01 SOLE
SONUS PHARMACEUTICALS INC COM 835692104 208 000000059200 SH DEFINED 01 SOLE
SOTHEBYS HLDGS INC CL A 835898107 305 000000016809 SH DEFINED 01 SOLE
SOUTHERN CO COM 842587107 25,484 000000760284 SH DEFINED 01 SOLE
SOUTHWEST AIRLS CO COM 844741108 13,067 000000802695 SH DEFINED 01 SOLE
SOVEREIGN BANCORP INC COM 845905108 8,037 000000356412 SH DEFINED 01 SOLE
SPECIALTY UNDERWRITERS ALLIA COM 84751T309 1,140 000000120000 SH DEFINED 02 SOLE
SPRINT CORP COM FON 852061100 39,616 000001594244 SH DEFINED 01 SOLE
STANCORP FINL GROUP INC COM 852891100 470 000000005700 SH DEFINED 01 SOLE
STANDARD PAC CORP NEW COM 85375C101 397 000000006200 SH DEFINED 01 SOLE
STANLEY WKS COM 854616109 4,455 000000090955 SH DEFINED 01 SOLE
STAPLES INC COM 855030102 20,167 000000598274 SH DEFINED 01 SOLE
STARBUCKS CORP COM 855244109 33,575 000000538411 SH DEFINED 01 SOLE
STARWOOD HOTELS&RESORTS WRLD NOTE 3.50 85590AAJ3 1,240 000000010000 PRN DEFINED 01 SOLE
STARWOOD HOTELS&RESORTS WRLD PAIRED CTF 85590A203 12,383 000000212049 SH DEFINED 01 SOLE
STATE STR CORP COM 857477103 17,165 000000349466 SH DEFINED 01 SOLE
STATION CASINOS INC COM 857689103 459 000000008400 SH DEFINED 01 SOLE
STEEL DYNAMICS INC COM 858119100 298 000000007886 SH DEFINED 01 SOLE
STEELCASE INC CL A 858155203 181 000000013100 SH DEFINED 01 SOLE
STERIS CORP COM 859152100 407 000000017170 SH DEFINED 01 SOLE
1Page 21 05-02-10 16:19:43
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INFORMATION TABLE
QUARTER ENDING
12/31/2004
NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0STMICROELECTRONICS N V NY REGISTR 861012102 527 000000027300 SH DEFINED 01 SOLE
STONE ENERGY CORP COM 861642106 397 000000008817 SH DEFINED 01 SOLE
STRAYER ED INC COM 863236105 212 000000001935 SH DEFINED 01 SOLE
STREETTRACKS GOLD TR GOLD SHS 863307104 4,905 000000112000 SH DEFINED 01 SOLE
STRYKER CORP COM 863667101 20,419 000000423204 SH DEFINED 01 SOLE
SUMMIT PPTYS INC COM 866239106 16,032 000000492413 SH DEFINED 01 SOLE
SUN MICROSYSTEMS INC COM 866810104 20,614 000003824552 SH DEFINED 01 SOLE
SUNGARD DATA SYS INC COM 867363103 8,570 000000302537 SH DEFINED 01 SOLE
SUNOCO INC COM 86764P109 6,161 000000075406 SH DEFINED 01 SOLE
SUNTERRA CORP COM NEW 86787D208 702 000000050000 SH DEFINED 01 SOLE
SUNTRUST BKS INC COM 867914103 28,457 000000385191 SH DEFINED 01 SOLE
SUPERGEN INC COM 868059106 230 000000032691 SH DEFINED 01 SOLE
SUPERIOR INDS INTL INC COM 868168105 290 000000009989 SH DEFINED 01 SOLE
SUPERVALU INC COM 868536103 4,803 000000139139 SH DEFINED 01 SOLE
SYBASE INC COM 871130100 203 000000010200 SH DEFINED 01 SOLE
SYMANTEC CORP COM 871503108 24,015 000000932293 SH DEFINED 01 SOLE
SYMBOL TECHNOLOGIES INC COM 871508107 4,964 000000286961 SH DEFINED 01 SOLE
SYNOPSYS INC COM 871607107 967 000000049463 SH DEFINED 01 SOLE
SYNOVUS FINL CORP COM 87161C105 9,111 000000318790 SH DEFINED 01 SOLE
SYSCO CORP COM 871829107 25,132 000000658445 SH DEFINED 01 SOLE
TECO ENERGY INC COM 872375100 3,297 000000214839 SH DEFINED 01 SOLE
TJX COS INC NEW COM 872540109 12,444 000000495219 SH DEFINED 01 SOLE
TXU CORP COM 873168108 15,819 000000245033 SH DEFINED 01 SOLE
TALBOTS INC COM 874161102 277 000000010200 SH DEFINED 01 SOLE
TARGET CORP COM 87612E106 47,671 000000918001 SH DEFINED 01 SOLE
TECHNE CORP COM 878377100 208 000000005354 SH DEFINED 01 SOLE
TECUMSEH PRODS CO CL B 878895101 420 000000009178 SH DEFINED 01 SOLE
TECUMSEH PRODS CO CL A 878895200 228 000000004783 SH DEFINED 01 SOLE
TEKTRONIX INC COM 879131100 3,347 000000110798 SH DEFINED 01 SOLE
TELEFLEX INC COM 879369106 389 000000007500 SH DEFINED 01 SOLE
TELEPHONE & DATA SYS INC COM 879433100 523 000000006800 SH DEFINED 01 SOLE
TELEWEST GLOBAL INC COM 87956T107 16,813 000000956425 SH DEFINED 01 SOLE
TELLABS INC COM 879664100 4,763 000000554518 SH DEFINED 01 SOLE
TEMPLE INLAND INC COM 879868107 4,010 000000058639 SH DEFINED 01 SOLE
TENET HEALTHCARE CORP COM 88033G100 5,628 000000512595 SH DEFINED 01 SOLE
TERADYNE INC COM 880770102 3,493 000000204676 SH DEFINED 01 SOLE
TERREMARK WORLDWIDE INC COM 881448104 7 000000011917 SH DEFINED 01 SOLE
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 4,656 000000155929 SH DEFINED 01 SOLE
TEXAS INSTRS INC COM 882508104 44,353 000001801529 SH DEFINED 01 SOLE
TEXTRON INC COM 883203101 10,528 000000142665 SH DEFINED 01 SOLE
THERMO ELECTRON CORP COM 883556102 5,014 000000166091 SH DEFINED 01 SOLE
THOMAS & BETTS CORP COM 884315102 299 000000009735 SH DEFINED 01 SOLE
THORATEC CORP NOTE 2.37 885175AB5 2,040 000000040000 PRN DEFINED 01 SOLE
3COM CORP COM 885535104 223 000000053668 SH DEFINED 01 SOLE
3M CO COM 88579Y101 65,791 000000801648 SH DEFINED 01 SOLE
TIFFANY & CO NEW COM 886547108 5,010 000000156737 SH DEFINED 01 SOLE
1Page 22 05-02-10 16:19:43
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INFORMATION TABLE
QUARTER ENDING
12/31/2004
NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0TIFFANY & CO NEW COM 886547108 239 000000007500 SH DEFINED 04 SOLE
TIMBERLAND CO CL A 887100105 238 000000003800 SH DEFINED 01 SOLE
TIME WARNER INC COM 887317105 97,651 000005020627 SH DEFINED 01 SOLE
TIMKEN CO COM 887389104 312 000000012000 SH DEFINED 01 SOLE
TIPPINGPOINT TECH INC COM 888011103 2,415 000000051728 SH DEFINED 01 SOLE
TITAN CORP COM 888266103 202 000000012526 SH DEFINED 01 SOLE
TOLL BROTHERS INC COM 889478103 219 000000003200 SH DEFINED 01 SOLE
TOO INC COM 890333107 250 000000010261 SH DEFINED 01 SOLE
TORCHMARK CORP COM 891027104 6,362 000000111345 SH DEFINED 01 SOLE
TOYS R US INC COM 892335100 4,569 000000223227 SH DEFINED 01 SOLE
TRANSACTION SYS ARCHITECTS CL A 893416107 4,048 000000203947 SH DEFINED 01 SOLE
TRIAD HOSPITALS INC COM 89579K109 439 000000011800 SH DEFINED 01 SOLE
TRIARC COS INC CL B SER 1 895927309 375 000000030620 SH DEFINED 01 SOLE
TRIBUNE CO NEW COM 896047107 14,388 000000341455 SH DEFINED 01 SOLE
TRINITY INDS INC COM 896522109 618 000000018156 SH DEFINED 01 SOLE
TRIQUINT SEMICONDUCTOR INC COM 89674K103 173 000000038942 SH DEFINED 01 SOLE
TUPPERWARE CORP COM 899896104 241 000000011667 SH DEFINED 01 SOLE
TYCO INTL LTD NEW COM 902124106 73,699 000002062106 SH DEFINED 01 SOLE
UICI COM 902737105 362 000000010700 SH DEFINED 01 SOLE
UST INC COM 902911106 8,161 000000169643 SH DEFINED 01 SOLE
US BANCORP DEL COM NEW 902973304 60,457 000001930321 SH DEFINED 01 SOLE
USEC INC COM 90333E108 153 000000015824 SH DEFINED 01 SOLE
UNIFI INC COM 904677101 301 000000078800 SH DEFINED 01 SOLE
UNION PAC CORP COM 907818108 18,094 000000269060 SH DEFINED 01 SOLE
UNISYS CORP COM 909214108 3,572 000000350913 SH DEFINED 01 SOLE
UNITED MICROELECTRONICS CORP SPONSORED 910873207 84 000000023900 SH DEFINED 01 SOLE
UNITED PARCEL SERVICE INC CL B 911312106 98,405 000001151486 SH DEFINED 01 SOLE
UNITED STATES STL CORP NEW COM 912909108 6,007 000000117218 SH DEFINED 01 SOLE
UNITED TECHNOLOGIES CORP COM 913017109 54,400 000000526368 SH DEFINED 01 SOLE
UNITEDHEALTH GROUP INC COM 91324P102 59,039 000000670680 SH DEFINED 01 SOLE
UNITRIN INC COM 913275103 554 000000012200 SH DEFINED 01 SOLE
UNIVERSAL COMPRESSION HLDGS COM 913431102 254 000000007285 SH DEFINED 01 SOLE
UNIVERSAL HLTH SVCS INC CL B 913903100 818 000000018400 SH DEFINED 01 SOLE
UNIVISION COMMUNICATIONS INC CL A 914906102 10,985 000000375325 SH DEFINED 01 SOLE
UNOCAL CORP COM 915289102 12,172 000000281504 SH DEFINED 01 SOLE
UNOCAL CORP COM 915289102 860 000000020000 SH DEFINED 02 SOLE
UNUMPROVIDENT CORP COM 91529Y106 7,207 000000401761 SH DEFINED 01 SOLE
UTSTARCOM INC COM 918076100 249 000000011259 SH DEFINED 01 SOLE
V F CORP COM 918204108 6,383 000000115274 SH DEFINED 01 SOLE
VALASSIS COMMUNICATIONS INC COM 918866104 219 000000006268 SH DEFINED 01 SOLE
VALEANT PHARMACEUTICALS INTL COM 91911X104 235 000000008923 SH DEFINED 01 SOLE
VALERO ENERGY CORP NEW COM 91913Y100 12,316 000000271280 SH DEFINED 01 SOLE
VALLEY NATL BANCORP COM 919794107 237 000000008600 SH DEFINED 01 SOLE
VARCO INTL INC DEL COM 922122106 2,632 000000090300 SH DEFINED 01 SOLE
VARIAN MED SYS INC COM 92220P105 307 000000007100 SH DEFINED 01 SOLE
VARIAN INC COM 922206107 204 000000004996 SH DEFINED 01 SOLE
1Page 23 05-02-10 16:19:43
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INFORMATION TABLE
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NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0VECTREN CORP COM 92240G101 297 000000011100 SH DEFINED 01 SOLE
VERISIGN INC COM 92343E102 1,872 000000055722 SH DEFINED 01 SOLE
VERIZON COMMUNICATIONS COM 92343V104 115,873 000002860367 SH DEFINED 01 SOLE
VERITAS SOFTWARE CO COM 923436109 18,881 000000661339 SH DEFINED 01 SOLE
VERTEX PHARMACEUTICALS INC COM 92532F100 177 000000016761 SH DEFINED 01 SOLE
VIAD CORP COM NEW 92552R406 1,686 000000059200 SH DEFINED 01 SOLE
VIACOM INC CL A 925524100 708 000000019100 SH DEFINED 01 SOLE
VIACOM INC CL B 925524308 63,953 000001757454 SH DEFINED 01 SOLE
VIGNETTE CORP COM 926734104 15 000000011460 SH DEFINED 01 SOLE
VION PHARMACEUTICALS INC COM 927624106 376 000000080197 SH DEFINED 01 SOLE
VISHAY INTERTECHNOLOGY INC COM 928298108 174 000000011600 SH DEFINED 01 SOLE
VISTEON CORP COM 92839U107 1,436 000000147010 SH DEFINED 01 SOLE
VISX INC DEL COM 92844S105 4,065 000000157133 SH DEFINED 01 SOLE
VULCAN MATLS CO COM 929160109 5,901 000000108070 SH DEFINED 01 SOLE
WGL HLDGS INC COM 92924F106 244 000000007929 SH DEFINED 01 SOLE
WABASH NATL CORP COM 929566107 277 000000010307 SH DEFINED 01 SOLE
WACHOVIA CORP 2ND NEW COM 929903102 86,754 000001649322 SH DEFINED 01 SOLE
WADDELL & REED FINL INC CL A 930059100 408 000000017100 SH DEFINED 01 SOLE
WAL MART STORES INC COM 931142103 228,917 000004333908 SH DEFINED 01 SOLE
WALGREEN CO COM 931422109 40,489 000001055248 SH DEFINED 01 SOLE
WASHINGTON MUT INC COM 939322103 38,045 000000899855 SH DEFINED 01 SOLE
WASTE CONNECTIONS INC COM 941053100 435 000000012701 SH DEFINED 01 SOLE
WASTE MGMT INC DEL COM 94106L109 17,813 000000594983 SH DEFINED 01 SOLE
WATERS CORP COM 941848103 5,944 000000127056 SH DEFINED 01 SOLE
WATSON PHARMACEUTICALS INC COM 942683103 4,050 000000123467 SH DEFINED 01 SOLE
WEBMD CORP NOTE 1.75 94769MAE5 2,171 000000025000 PRN DEFINED 01 SOLE
WEBSTER FINL CORP CONN COM 947890109 516 000000010200 SH DEFINED 01 SOLE
WEIGHT WATCHERS INTL INC NEW COM 948626106 550 000000013400 SH DEFINED 01 SOLE
WELLPOINT INC COM 94973V107 34,752 000000302197 SH DEFINED 01 SOLE
WELLS FARGO & CO NEW COM 949746101 108,072 000001738890 SH DEFINED 01 SOLE
WENDYS INTL INC COM 950590109 4,797 000000122198 SH DEFINED 01 SOLE
WERNER ENTERPRISES INC COM 950755108 513 000000022660 SH DEFINED 01 SOLE
WESTAMERICA BANCORPORATION COM 957090103 248 000000004263 SH DEFINED 01 SOLE
WESTERN GAS RES INC COM 958259103 713 000000024400 SH DEFINED 01 SOLE
WEYERHAEUSER CO COM 962166104 17,535 000000260874 SH DEFINED 01 SOLE
WHEATON RIV MINERALS LTD COM 962902102 136 000000042000 SH DEFINED 01 SOLE
WHIRLPOOL CORP COM 963320106 4,991 000000072125 SH DEFINED 01 SOLE
WHOLE FOODS MKT INC COM 966837106 1,760 000000018461 SH DEFINED 01 SOLE
WILLIAMS COS INC DEL COM 969457100 9,417 000000578095 SH DEFINED 01 SOLE
WILLIAMS SONOMA INC COM 969904101 1,538 000000043900 SH DEFINED 01 SOLE
WILMINGTON TRUST CORP COM 971807102 285 000000007900 SH DEFINED 01 SOLE
WIND RIVER SYSTEMS INC COM 973149107 186 000000013743 SH DEFINED 01 SOLE
WISCONSIN ENERGY CORP COM 976657106 232 000000006900 SH DEFINED 01 SOLE
WORTHINGTON INDS INC COM 981811102 665 000000034001 SH DEFINED 01 SOLE
WRIGLEY WM JR CO COM 982526105 16,178 000000233834 SH DEFINED 01 SOLE
WYETH DBCV 983024AD2 30,750 000000300000 PRN DEFINED 01 SOLE
1Page 24 05-02-10 16:19:43
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INFORMATION TABLE
QUARTER ENDING
12/31/2004
NAME OF ISSUER TITLE CUSIP VALUE SHARES SH PUT INVSTMT OTHER VOTING AUTHORITY
OF CLASS X1000 PRN AMT PRN CALL DSCRETN MANAGERS
------------------------------ ---------- --------- ---------- ------------ --- ---- ------- -------- ----------------
0WYETH COM 983024100 59,350 000001393532 SH DEFINED 01 SOLE
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