UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 2005 Check here if Amendment [ ]; Amendment Number: _______________ This Amendment (Check only one): [ ] is a restatement [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Intel Corporation 2200 Mission College Boulevard Santa Clara, CA 95054-1549 Form 13F File Number: 28-04527 Person Signing this Report on Behalf of Reporting Manager: Ravi Jacob, Vice President, Finance and Enterprise Services, and 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 - ------------------- November 7, 2005 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: 1 Form 13F Information Table Entry Total: 368 Form 13F Information Table Value Total: $319,247,000 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. INTEL CAPITAL CORPORATION 9/30/05 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 PRN DISCRETION MANAGERS SOLE SHARED NONE 3M CO COM 88579Y101 1,680 22,900 SH SOLE 22,900 ABBOTT LABS COM 002824100 1,961 46,244 SH SOLE 46,244 ACE LTD ORD G0070K103 405 8,600 SH SOLE 8,600 ADOBE SYS INC COM 00724F101 436 14,600 SH SOLE 14,600 ADVANCED MICRO DEVICES INC COM 007903107 296 11,750 SH SOLE 11,750 AES CORP COM 00130H105 320 19,450 SH SOLE 19,450 AETNA INC COM 00817Y108 748 8,678 SH SOLE 8,678 AFFILIATED COMPUTER SVCS INC COM 008190100 207 3,800 SH SOLE 3,800 AFLAC INC COM 001055102 677 14,950 SH SOLE 14,950 AGILENT TECHNOLOGIES INC COM 00846U101 422 12,878 SH SOLE 12,878 AIR PRODS & CHEMS INC COM 009158106 375 6,800 SH SOLE 6,800 ALBERTSONS INC COM 013104104 282 11,001 SH SOLE 11,001 ALCOA INC COM 013817101 634 25,952 SH SOLE 25,952 ALLERGAN INC COM 018490102 357 3,900 SH SOLE 3,900 ALLSTATE CORP COM 020002101 1,099 19,880 SH SOLE 19,880 ALLTEL CORP COM 020039103 736 11,300 SH SOLE 11,300 ALTERA CORP COM 021441100 212 11,100 SH SOLE 11,100 ALTRIA GROUP INC COM 02209S103 4,552 61,749 SH SOLE 61,749 AMBAC FINANCIAL GROUP INC COM 023139108 231 3,200 SH SOLE 3,200 AMERADA HESS CORP COM 023551104 358 2,600 SH SOLE 2,600 AMEREN CORP COM 023608102 326 6,100 SH SOLE 6,100 AMERICAN ELEC PWR INC COM 025537101 456 11,482 SH SOLE 11,482 AMERICAN EXPRESS CO COM 025816109 2,002 34,850 SH SOLE 34,850 AMERICAN INTL GROUP INC COM 026874107 4,792 77,343 SH SOLE 77,343 AMERICAN STD COS INC COM 029712106 247 5,300 SH SOLE 5,300 AMERISOURCEBERGEN CORP COM 03073E105 243 3,150 SH SOLE 3,150 AMGEN INC COM 031162100 2,935 36,835 SH SOLE 36,835 AMSOUTH BANCORPORATION COM 032165102 265 10,500 SH SOLE 10,500 ANADARKO PETE CORP COM 032511107 670 6,993 SH SOLE 6,993 ANALOG DEVICES INC COM 032654105 409 11,000 SH SOLE 11,000 ANHEUSER BUSCH COS INC COM 035229103 994 23,100 SH SOLE 23,100 AON CORP COM 037389103 303 9,456 SH SOLE 9,456 APACHE CORP COM 037411105 736 9,788 SH SOLE 9,788 APOLLO GROUP INC COM 037604105 325 4,900 SH SOLE 4,900 APPLE COMPUTER INC COM 037833100 1,313 24,500 SH SOLE 24,500 APPLIED MATLS INC COM 038222105 831 49,000 SH SOLE 49,000 ARCHER DANIELS MIDLAND CO COM 039483102 458 18,567 SH SOLE 18,567 ARCHSTONE SMITH TR COM 039583109 235 5,900 SH SOLE 5,900 AT&T CORP COM NEW 001957505 472 23,821 SH SOLE 23,821 AUTODESK INC COM 052769106 316 6,800 SH SOLE 6,800 AUTOMATIC DATA PROCESSING INC COM 053015103 749 17,402 SH SOLE 17,402 AVAYA INC COM 053499109 146 14,221 SH SOLE 14,221 AVERY DENNISON CORP COM 053611109 157 3,000 SH SOLE 3,000 AVON PRODS INC COM 054303102 379 14,028 SH SOLE 14,028 BAKER HUGHES INC COM 057224107 600 10,060 SH SOLE 10,060 BANK NEW YORK INC COM 064057102 683 23,240 SH SOLE 23,240 BANK OF AMERICA CORP COM 060505104 5,044 119,814 SH SOLE 119,814 BARD C R INC COM 067383109 205 3,100 SH SOLE 3,100 BAXTER INTL INC COM 071813109 739 18,540 SH SOLE 18,540 BB&T CORP COM 054937107 637 16,300 SH SOLE 16,300 BEAR STEARNS COS INC COM 073902108 370 3,374 SH SOLE 3,374 BECTON DICKINSON & CO COM 075887109 393 7,500 SH SOLE 7,500 BED BATH & BEYOND INC COM 075896100 354 8,800 SH SOLE 8,800 BELLSOUTH CORP COM 079860102 1,436 54,582 SH SOLE 54,582 BEST BUY INC COM 086516101 581 13,350 SH SOLE 13,350 BIOGEN IDEC INC COM 09062X103 406 10,275 SH SOLE 10,275 BIOMET INC COM 090613100 262 7,550 SH SOLE 7,550 BJ SVCS CO COM 055482103 346 9,600 SH SOLE 9,600 BLOCK H & R INC COM 093671105 235 9,800 SH SOLE 9,800 BOEING CO COM 097023105 1,673 24,615 SH SOLE 24,615 BOSTON SCIENTIFIC CORP COM 101137107 523 22,384 SH SOLE 22,384 BRISTOL MYERS SQUIBB CO COM 110122108 1,401 58,246 SH SOLE 58,246 BROADCOM CORP COM 111320107 408 8,700 SH SOLE 8,700 BURLINGTON NORTH SANTA FE CORP COM 12189T104 674 11,267 SH SOLE 11,267 BURLINGTON RES INC COM 122014103 931 11,444 SH SOLE 11,444 CALPINE CORP COM 131347106 44 16,900 SH SOLE 16,900 CAMPBELL SOUP CO COM 134429109 289 9,700 SH SOLE 9,700 CAPITAL ONE FINL CORP COM 14040H105 684 8,600 SH SOLE 8,600 CARDINAL HEALTH INC COM 14149Y108 809 12,750 SH SOLE 12,750 CAREMARK RX INC COM 141705103 674 13,500 SH SOLE 13,500 CARNIVAL CORP PAIRED 143658300 785 15,700 SH SOLE 15,700 CTF CATERPILLAR INC COM 149123101 1,197 20,380 SH SOLE 20,380 CENDANT CORP COM 151313103 646 31,281 SH SOLE 31,281 CENTEX CORP COM 152312104 245 3,800 SH SOLE 3,800 CHEVRON CORPORATION COM 166764100 4,370 67,516 SH SOLE 67,516 CHUBB CORP COM 171232101 524 5,850 SH SOLE 5,850 CIENA CORP COM 171779101 45 17,200 SH SOLE 17,200 CIGNA CORP COM 125509109 460 3,900 SH SOLE 3,900 CINCINNATI FINL CORP COM 172062101 209 4,982 SH SOLE 4,982 CINERGY CORP COM 172474108 262 5,900 SH SOLE 5,900 CISCO SYS INC COM 17275R102 3,412 190,418 SH SOLE 190,418 CIT GROUP INC COM 125581108 285 6,300 SH SOLE 6,300 CITIGROUP INC COM 172967101 7,055 154,993 SH SOLE 154,993 CITIZENS COMMUNICATIONS CO CL B 17453B101 137 10,100 SH SOLE 10,100 CITRIX SYS INC COM 177376100 3,277 130,363 SH DEFINED 1 130,363 CLEAR CHANNEL COMMUNICATIONS COM 184502102 500 15,200 SH SOLE 15,200 CLOROX CO COM 189054109 255 4,600 SH SOLE 4,600 COACH INC COM 189754104 351 11,200 SH SOLE 11,200 COCA COLA CO COM 191216100 2,911 67,408 SH SOLE 67,408 COCA COLA ENTERPRISES INC COM 191219104 205 10,500 SH SOLE 10,500 COLGATE PALMOLIVE CO COM 194162103 824 15,600 SH SOLE 15,600 COMCAST CORP COM 20030N101 1,930 65,699 SH SOLE 65,699 COMERICA INC COM 200340107 295 5,000 SH SOLE 5,000 COMPUTER ASSOC INTL INC COM 204912109 442 15,899 SH SOLE 15,899 COMPUTER SCIENCES CORP COM 205363104 260 5,500 SH SOLE 5,500 COMPUWARE CORP COM 205638109 110 11,600 SH SOLE 11,600 CONAGRA FOODS INC COM 205887102 381 15,400 SH SOLE 15,400 CONOCOPHILLIPS COM 20825C104 2,899 41,464 SH SOLE 41,464 CONSOLIDATED EDISON INC COM 209115104 350 7,200 SH SOLE 7,200 CONSTELLATION ENGY GRP INC COM 210371100 326 5,300 SH SOLE 5,300 CORNING INC COM 219350105 834 43,150 SH SOLE 43,150 COSTCO WHSL CORP COM 22160K105 612 14,200 SH SOLE 14,200 COUNTRYWIDE FINANCIAL CORP COM 222372104 577 17,498 SH SOLE 17,498 COVENTRY HEALTH CARE INC COM 222862104 275 3,200 SH SOLE 3,200 CSX CORP COM 126408103 302 6,500 SH SOLE 6,500 CVS CORP COM 126650100 699 24,100 SH SOLE 24,100 D R HORTON INC COM 23331A109 293 8,100 SH SOLE 8,100 DANAHER CORP COM 235851102 441 8,200 SH SOLE 8,200 DEERE & CO COM 244199105 447 7,300 SH SOLE 7,300 DELL INC COM 24702R101 2,468 72,150 SH SOLE 72,150 DELPHI CORPORATION COM 247126105 42 16,758 SH SOLE 16,758 DEVON ENERGY CORP COM 25179M103 968 14,100 SH SOLE 14,100 DISNEY WALT CO COM 254687106 1,467 60,812 SH SOLE 60,812 DOMINION RES INC VA COM 25746U109 877 10,184 SH SOLE 10,184 DONNELLEY R R & SONS CO COM 257867101 237 6,400 SH SOLE 6,400 DOVER CORP COM 260003108 249 6,100 SH SOLE 6,100 DOW CHEM CO COM 260543103 1,191 28,593 SH SOLE 28,593 DTE ENERGY CO COM 233331107 238 5,200 SH SOLE 5,200 DU PONT E I DE NEMOURS & CO COM 263534109 1,161 29,650 SH SOLE 29,650 DUKE ENERGY CORP COM 264399106 806 27,646 SH SOLE 27,646 E TRADE FINANCIAL CORP COM 269246104 194 11,000 SH SOLE 11,000 EASTMAN KODAK CO COM 277461109 208 8,550 SH SOLE 8,550 EATON CORP COM 278058102 286 4,500 SH SOLE 4,500 EBAY INC COM 278642103 1,491 36,200 SH SOLE 36,200 ECOLAB INC COM 278865100 208 6,500 SH SOLE 6,500 EDISON INTL COM 281020107 459 9,700 SH SOLE 9,700 EL PASO CORP COM 28336L109 267 19,214 SH SOLE 19,214 ELECTRONIC ARTS COM 285512109 518 9,100 SH SOLE 9,100 ELECTRONIC DATA SYS CORP COM 285661104 348 15,500 SH SOLE 15,500 EMC CORP MASS COM 268648102 927 71,604 SH SOLE 71,604 EMERSON ELEC CO COM 291011104 894 12,450 SH SOLE 12,450 ENTERGY CORP COM 29364G103 468 6,300 SH SOLE 6,300 EOG RES INC COM 26875P101 532 7,100 SH SOLE 7,100 EQUITY OFFICE PPTYS TR COM 294741103 396 12,100 SH SOLE 12,100 EQUITY RESIDENTIAL SH BEN 29476L107 324 8,550 SH SOLE 8,550 INT EXELON CORP COM 30161N101 1,063 19,900 SH SOLE 19,900 EXPRESS SCRIPTS INC COM 302182100 274 4,400 SH SOLE 4,400 EXXON MOBIL CORP COM 30231G102 12,049 189,625 SH SOLE 189,625 FANNIE MAE COM 313586109 1,293 28,850 SH SOLE 28,850 FEDERATED DEPT STORES INC COM 31410H101 526 7,869 SH SOLE 7,869 FEDEX CORP COM 31428X106 784 9,000 SH SOLE 9,000 FIFTH THIRD BANCORP COM 316773100 573 15,592 SH SOLE 15,592 FIRST DATA CORP COM 319963104 929 23,229 SH SOLE 23,229 FIRSTENERGY CORP COM 337932107 511 9,800 SH SOLE 9,800 FISERV INC COM 337738108 261 5,700 SH SOLE 5,700 FISHER SCIENTIFIC INTL INC COM 338032204 223 3,600 SH SOLE 3,600 FLEXTRONICS INTL LTD ORD Y2573F102 679 52,831 SH DEFINED 1 52,831 FORD MTR CO DEL COM PAR 345370860 540 54,815 SH SOLE 54,815 $0.01 FOREST LABS INC COM 345838106 394 10,100 SH SOLE 10,100 FORTUNE BRANDS INC COM 349631101 349 4,286 SH SOLE 4,286 FPL GROUP INC COM 302571104 557 11,700 SH SOLE 11,700 FRANKLIN RES INC COM 354613101 495 5,900 SH SOLE 5,900 FREDDIE MAC CORP COM 313400301 1,162 20,582 SH SOLE 20,582 FREEPORT MCMORAN COPPER B COM 35671D857 260 5,361 SH SOLE 5,361 FREESCALE SEMICONDUCTOR INC CL B 35687M206 283 12,006 SH SOLE 12,006 GANNETT INC COM 364730101 509 7,400 SH SOLE 7,400 GAP INC COM 364760108 394 22,625 SH SOLE 22,625 GENERAL DYNAMICS CORP COM 369550108 717 6,000 SH SOLE 6,000 GENERAL ELEC CO COM 369604103 10,639 315,984 SH SOLE 315,984 GENERAL MLS INC COM 370334104 530 11,000 SH SOLE 11,000 GENERAL MTRS CORP COM 370442105 517 16,874 SH SOLE 16,874 GENUINE PARTS CO COM 372460105 221 5,150 SH SOLE 5,150 GENZYME CORP COM 372917104 537 7,500 SH SOLE 7,500 GEORGIA PAC CORP COM 373298108 263 7,718 SH SOLE 7,718 GILEAD SCIENCES INC COM 375558103 658 13,500 SH SOLE 13,500 GILLETTE CO COM 375766102 1,731 29,750 SH SOLE 29,750 GOLDEN WEST FINL CORP COM 381317106 499 8,400 SH SOLE 8,400 GOLDMAN SACHS GROUP INC COM 38141G104 1,605 13,200 SH SOLE 13,200 GUIDANT CORP COM 401698105 668 9,700 SH SOLE 9,700 HALLIBURTON CO COM 406216101 1,035 15,100 SH SOLE 15,100 HARLEY DAVIDSON INC COM 412822108 412 8,500 SH SOLE 8,500 HARRAHS ENTMT INC COM 413619107 352 5,400 SH SOLE 5,400 HARTFORD FINL SVCS GROUP INC COM 416515104 679 8,800 SH SOLE 8,800 HCA INC COM 404119109 597 12,450 SH SOLE 12,450 HEINZ H J CO COM 423074103 380 10,400 SH SOLE 10,400 HERSHEY COMPANY COM 427866108 366 6,500 SH SOLE 6,500 HEWLETT PACKARD COM 428236103 2,512 86,016 SH SOLE 86,016 HILTON HOTELS CORP COM 432848109 254 11,400 SH SOLE 11,400 HOME DEPOT INC COM 437076102 2,439 63,950 SH SOLE 63,950 HONEYWELL INTL INC COM 438516106 955 25,457 SH SOLE 25,457 HUMANA INC COM 444859102 230 4,800 SH SOLE 4,800 IBM CORP COM 459200101 3,852 48,018 SH SOLE 48,018 ILLINOIS TOOL WKS INC COM 452308109 667 8,100 SH SOLE 8,100 INGERSOLL-RAND COMPANY LTD CL A G4776G101 382 10,000 SH SOLE 10,000 INTERNATIONAL GAME TECHNOLOGY COM 459902102 275 10,200 SH SOLE 10,200 INTERNATIONAL PAPER CO COM 460146103 436 14,616 SH SOLE 14,616 INTERPUBLIC GROUP COS INC COM 460690100 147 12,600 SH SOLE 12,600 INTUIT COM 461202103 246 5,500 SH SOLE 5,500 ITT INDS INC IND COM 450911102 307 2,700 SH SOLE 2,700 JC PENNEY CO INC COM 708160106 371 7,828 SH SOLE 7,828 JDS UNIPHASE CORP COM 46612J101 109 49,100 SH SOLE 49,100 JEFFERSON PILOT CORP COM 475070108 206 4,025 SH SOLE 4,025 JOHNSON & JOHNSON COM 478160104 5,604 88,566 SH SOLE 88,566 JOHNSON CTLS INC COM 478366107 354 5,700 SH SOLE 5,700 JPMORGAN CHASE & CO COM 46625H100 3,557 104,844 SH SOLE 104,844 KELLOGG CO COM 487836108 479 10,380 SH SOLE 10,380 KERR MCGEE CORP COM 492386107 333 3,428 SH SOLE 3,428 KEYCORP COM 493267108 393 12,184 SH SOLE 12,184 KIMBERLY CLARK CORP COM 494368103 851 14,300 SH SOLE 14,300 KINDER MORGAN INC KANS COM 49455P101 308 3,200 SH SOLE 3,200 KLA TENCOR CORP COM 482480100 288 5,900 SH SOLE 5,900 KOHLS CORP COM 500255104 487 9,700 SH SOLE 9,700 KROGER CO COM 501044101 448 21,750 SH SOLE 21,750 L-3 COMMUNICATIONS HLDGS INC COM 502424104 277 3,500 SH SOLE 3,500 LEHMAN BROS HLDGS INC COM 524908100 955 8,200 SH SOLE 8,200 LEXMARK INTERNATIONAL INC COM 529771107 214 3,500 SH SOLE 3,500 LILLY ELI & CO COM 532457108 1,806 33,750 SH SOLE 33,750 LIMITED BRANDS INC COM 532716107 231 11,306 SH SOLE 11,306 LINCOLN NATL CORP IND COM 534187109 271 5,200 SH SOLE 5,200 LINEAR TECHNOLOGY CORP COM 535678106 342 9,100 SH SOLE 9,100 LOCKHEED MARTIN CORP COM 539830109 735 12,044 SH SOLE 12,044 LOEWS CORP COM 540424108 444 4,800 SH SOLE 4,800 LOWES COS INC COM 548661107 1,481 23,000 SH SOLE 23,000 LSI LOGIC CORP COM 502161102 114 11,600 SH SOLE 11,600 LUCENT TECHNOLOGIES INC COM 549463107 429 132,011 SH SOLE 132,011 M & T BK CORP COM 55261F104 307 2,900 SH SOLE 2,900 MARATHON OIL CORP COM 565849106 749 10,872 SH SOLE 10,872 MARRIOTT INTL INC COM 571903202 372 5,900 SH SOLE 5,900 MARSH & MCLENNAN COS INC COM 571748102 482 15,858 SH SOLE 15,858 MARSHALL & ILSLEY CORP COM 571834100 274 6,300 SH SOLE 6,300 MASCO CORP COM 574599106 396 12,900 SH SOLE 12,900 MATRIXONE INC COM 57685P304 81 15,405 SH SOLE 15,405 MATRIXONE INC COM 57685P304 12 2,301 SH DEFINED 1 2,301 MATTEL INC COM 577081102 205 12,275 SH SOLE 12,275 MAXIM INTEGRATED PRODS INC COM 57772K101 418 9,800 SH SOLE 9,800 MBIA INC COM 55262C100 242 4,000 SH SOLE 4,000 MBNA CORP COM 55262L100 931 37,780 SH SOLE 37,780 MCDONALDS CORP COM 580135101 1,266 37,804 SH SOLE 37,804 MCGRAW HILL COS INC COM 580645109 538 11,200 SH SOLE 11,200 MCKESSON CORP COM 58155Q103 418 8,813 SH SOLE 8,813 MEDCO HEALTH SOLUTIONS INC COM 58405U102 495 9,030 SH SOLE 9,030 MEDIMMUNE INC COM 584699102 249 7,400 SH SOLE 7,400 MEDTRONIC INC COM 585055106 1,934 36,062 SH SOLE 36,062 MELLON FINL CORP COM 58551A108 404 12,650 SH SOLE 12,650 MERCK & CO INC COM 589331107 1,785 65,616 SH SOLE 65,616 MERRILL LYNCH & CO INC COM 590188108 1,725 28,118 SH SOLE 28,118 METLIFE INC COM 59156R108 1,086 21,800 SH SOLE 21,800 MICRON TECHNOLOGY INC COM 595112103 243 18,300 SH SOLE 18,300 MICROSOFT CORP COM 594918104 7,702 299,350 SH SOLE 299,350 MONSANTO CO COM 61166W101 504 8,033 SH SOLE 8,033 MOODYS CORP COM 615369105 419 8,200 SH SOLE 8,200 MORGAN STANLEY COM 617446448 1,761 32,656 SH SOLE 32,656 MOTOROLA INC COM 620076109 1,610 73,098 SH SOLE 73,098 MURPHY OIL CORP COM 626717102 244 4,900 SH SOLE 4,900 NABORS INDUSTRIES LTD SHS SHS G6359F103 316 4,400 SH SOLE 4,400 NATIONAL CITY CORP COM 635405103 592 17,700 SH SOLE 17,700 NATIONAL OILWELL VARCO INC COM 637071101 336 5,100 SH SOLE 5,100 NATIONAL SEMICONDUCTOR CORP COM 637640103 272 10,400 SH SOLE 10,400 NETWORK APPLIANCE INC COM 64120L104 259 10,900 SH SOLE 10,900 NEWMONT MINING CORP HOLDING CO COM 651639106 626 13,262 SH SOLE 13,262 NEWS CORPORATION COM 65248E104 1,339 85,900 SH SOLE 85,900 NIKE INC COM 654106103 555 6,800 SH SOLE 6,800 NOBLE CORP SHS G65422100 274 4,000 SH SOLE 4,000 NORDSTROM INC WASH COM 655664100 251 7,300 SH SOLE 7,300 NORFOLK SOUTHN CORP COM 655844108 489 12,050 SH SOLE 12,050 NORTHERN TR CORP COM 665859104 308 6,100 SH SOLE 6,100 NORTHROP GRUMMAN CORP COM 666807102 579 10,658 SH SOLE 10,658 NOVELL INC COM 670006105 85 11,394 SH SOLE 11,394 NUCOR CORP COM 670346105 283 4,800 SH SOLE 4,800 OCCIDENTAL PETE CORP COM 674599105 1,017 11,900 SH SOLE 11,900 OFFICE DEPOT INC COM 676220106 279 9,400 SH SOLE 9,400 OMNICOM GROUP INC COM 681919106 460 5,500 SH SOLE 5,500 ORACLE CORPORATION COM 68389X105 1,634 131,734 SH SOLE 131,734 PACCAR INC COM 693718108 351 5,175 SH SOLE 5,175 PARKER HANNIFIN CORP COM 701094104 228 3,550 SH SOLE 3,550 PAYCHEX INC COM 704326107 392 10,575 SH SOLE 10,575 PEPSICO INC COM 713448108 2,830 49,900 SH SOLE 49,900 PFIZER INC COM 717081103 5,532 221,564 SH SOLE 221,564 PG&E CORP COM 69331C108 432 10,996 SH SOLE 10,996 PHELPS DODGE CORP COM 717265102 369 2,843 SH SOLE 2,843 PITNEY BOWES INC COM 724479100 288 6,900 SH SOLE 6,900 PLUM CREEK TIMBER CO INC COM 729251108 207 5,450 SH SOLE 5,450 PNC FINANCIAL SERVICES GROUP COM 693475105 487 8,400 SH SOLE 8,400 PPG INDS INC COM 693506107 300 5,070 SH SOLE 5,070 PPL CORP COM 69351T106 365 11,300 SH SOLE 11,300 PRAXAIR INC COM 74005P104 463 9,662 SH SOLE 9,662 PRICE T ROWE GROUP INC COM 74144T108 242 3,700 SH SOLE 3,700 PRINCIPAL FINANCIAL GROUP INC COM 74251V102 417 8,800 SH SOLE 8,800 PROCTER & GAMBLE CO COM 742718109 4,382 73,700 SH SOLE 73,700 PROGRESS ENERGY INC COM 743263105 331 7,400 SH SOLE 7,400 PROGRESSIVE CORP OHIO COM 743315103 618 5,900 SH SOLE 5,900 PROLOGIS INT COM 743410102 248 5,600 SH SOLE 5,600 PRUDENTIAL FINL INC COM 744320102 1,049 15,525 SH SOLE 15,525 PUBLIC STORAGE INC COM 74460D109 208 3,100 SH SOLE 3,100 PUBLIC SVC ENTERPRISE GROUP COM 744573106 457 7,094 SH SOLE 7,094 PULTE HOMES INC COM 745867101 305 7,100 SH SOLE 7,100 QUALCOMM INC COM 747525103 2,179 48,700 SH SOLE 48,700 QUEST DIAGNOSTICS INC COM 74834L100 273 5,400 SH SOLE 5,400 QWEST COMMUNICATIONS INTL INC COM 749121109 204 49,798 SH SOLE 49,798 RAYTHEON CO COM 755111507 513 13,500 SH SOLE 13,500 REGIONS FINL CORP COM 7591EP100 431 13,848 SH SOLE 13,848 REYNOLDS AMERN INC COM 761713106 291 3,500 SH SOLE 3,500 ROCKWELL AUTOMATION INC COM 773903109 275 5,200 SH SOLE 5,200 ROCKWELL COLLINS INC COM 774341101 256 5,300 SH SOLE 5,300 ROHM & HAAS CO COM 775371107 238 5,792 SH SOLE 5,792 SAFECO CORP COM 786429100 203 3,800 SH SOLE 3,800 SAFEWAY INC COM 786514208 343 13,400 SH SOLE 13,400 SARA LEE CORP COM 803111103 444 23,450 SH SOLE 23,450 SBC COMMUNICATIONS INC COM 78387G103 2,360 98,444 SH SOLE 98,444 SCHERING PLOUGH CORP COM 806605101 925 43,950 SH SOLE 43,950 SCHLUMBERGER LTD COM 806857108 1,485 17,600 SH SOLE 17,600 SCHWAB CHARLES CORP COM 808513105 489 33,900 SH SOLE 33,900 SEARS HLDGS CORP COM 812350106 376 3,019 SH SOLE 3,019 SEMPRA ENERGY COM 816851109 360 7,660 SH SOLE 7,660 SIEBEL SYS INC COM 826170102 159 15,400 SH SOLE 15,400 SIMON PPTY GROUP INC COM 828806109 482 6,500 SH SOLE 6,500 SLM CORP COM 78442P106 671 12,500 SH SOLE 12,500 SOLECTRON CORP COM 834182107 113 29,000 SH SOLE 29,000 SOUTHERN CO COM 842587107 792 22,150 SH SOLE 22,150 SOUTHWEST AIRLS CO COM 844741108 326 21,975 SH SOLE 21,975 SOVEREIGN BANCORP INC COM 845905108 240 10,900 SH SOLE 10,900 SPRINT NEXTEL CORP COM FON 852061100 2,068 86,984 SH SOLE 86,984 ST JUDE MED INC COM 790849103 507 10,824 SH SOLE 10,824 ST PAUL TRAVELERS COS INC COM 792860108 899 20,040 SH SOLE 20,040 STAPLES INC COM 855030102 469 21,975 SH SOLE 21,975 STARBUCKS CORP COM 855244109 581 11,600 SH SOLE 11,600 STARWOOD HOTELS & RESORTS PAIRED 85590A203 366 6,400 SH SOLE 6,400 CTF STATE STREET CORP COM 857477103 484 9,900 SH SOLE 9,900 STRYKER CORP COM 863667101 554 11,200 SH SOLE 11,200 SUN MICROSYSTEMS INC COM 866810104 399 101,514 SH SOLE 101,514 SUNOCO INC COM 86764P109 321 4,100 SH SOLE 4,100 SUNTRUST BKS INC COM 867914103 701 10,100 SH SOLE 10,100 SYMANTEC CORP COM 871503108 804 35,481 SH SOLE 35,481 SYNOVUS FINL CORP COM 87161C105 256 9,250 SH SOLE 9,250 SYSCO CORP COM 871829107 593 18,900 SH SOLE 18,900 TARGET CORP COM 87612E106 1,368 26,350 SH SOLE 26,350 TELLABS INC COM 879664100 141 13,400 SH SOLE 13,400 TENET HEALTHCARE CORP COM 88033G100 157 13,974 SH SOLE 13,974 TEXAS INSTRS INC COM 882508104 1,678 49,500 SH SOLE 49,500 TEXTRON INC COM 883203101 287 4,000 SH SOLE 4,000 TIME WARNER INC COM 887317105 2,528 139,595 SH SOLE 139,595 TJX COS INC COM 872540109 287 14,000 SH SOLE 14,000 TRANSOCEAN INC ORD G90078109 595 9,704 SH SOLE 9,704 TRIBUNE CO COM 896047107 303 8,926 SH SOLE 8,926 TXU CORP COM 873168108 802 7,102 SH SOLE 7,102 TYCO INTL LTD COM 902124106 1,676 60,180 SH SOLE 60,180 UNION PAC CORP COM 907818108 559 7,800 SH SOLE 7,800 UNITED HEALTH GROUP INC COM 91324P102 2,119 37,704 SH SOLE 37,704 UNITED PARCEL SERVICE INC CL B 911312106 2,292 33,150 SH SOLE 33,150 UNITED TECHNOLOGIES CORP COM 913017109 1,581 30,500 SH SOLE 30,500 UNIVISION COMMUNICATIONS INC COM 914906102 231 8,700 SH SOLE 8,700 US BANCORP COM 902973304 1,534 54,647 SH SOLE 54,647 UST INC COM 902911106 208 4,974 SH SOLE 4,974 VALERO ENERGY CORP COM 91913Y100 1,018 9,000 SH SOLE 9,000 VERIZON COMMUNICATIONS COM 92343V104 2,694 82,398 SH SOLE 82,398 VIACOM INC CL B 925524308 1,585 48,027 SH SOLE 48,027 VORNADO RLTY TR COM 929042109 303 3,500 SH SOLE 3,500 VULCAN MATLS CO COM 929160109 223 3,000 SH SOLE 3,000 WACHOVIA CORP COM 929903102 2,237 47,013 SH SOLE 47,013 WAL MART STORES INC COM 931142103 4,367 99,652 SH SOLE 99,652 WALGREEN CO COM 931422109 1,323 30,450 SH SOLE 30,450 WASHINGTON MUTUAL INC COM 939322103 1,027 26,173 SH SOLE 26,173 WASTE MGMT INC COM 94106L109 485 16,963 SH SOLE 16,963 WEATHERFORD INTERNATIONAL LTD COM G95089101 336 4,900 SH SOLE 4,900 WELLPOINT INC COM 94973V107 1,388 18,300 SH SOLE 18,300 WELLS FARGO & CO COM 949746101 2,945 50,274 SH SOLE 50,274 WEYERHAEUSER CO COM 962166104 503 7,317 SH SOLE 7,317 WILLIAMS COS INC COM 969457100 426 17,000 SH SOLE 17,000 WRIGLEY WM JR CO COM 982526105 417 5,800 SH SOLE 5,800 WYETH COM 983024100 1,847 39,926 SH SOLE 39,926 XCEL ENERGY INC COM 98389B100 234 11,935 SH SOLE 11,935 XEROX CORP COM 984121103 389 28,500 SH SOLE 28,500 XILINX INC COM 983919101 292 10,500 SH SOLE 10,500 XL CAP LTD CL A G98255105 286 4,200 SH SOLE 4,200 XTO ENERGY INC COM 98385X106 488 10,766 SH SOLE 10,766 YAHOO INC COM 984332106 1,323 39,100 SH SOLE 39,100 YUM BRANDS INC COM 988498101 416 8,584 SH SOLE 8,584 ZIMMER HLDGS INC COM 98956P102 509 7,389 SH SOLE 7,389