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