UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2007 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 - ------------------------------------ May 4, 2007 Report Type (Check only one): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other manager(s).) Form 13F SUMMARY PAGE REPORTING MANAGER: INTEL CORPORATION Report Summary: Number of Other Included Managers: 3 Form 13F Information Table Entry Total: 426 Form 13F Information Table Value Total: $1,019,190,000 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 (Cayman) Corporation 2. Intel Atlantic, Inc. 3. Intel Capital Corporation 3/31/07 FORM 13F INFORMATION TABLE REPORTING MANAGER: INTEL CORPORATION
ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ITEM 6: ITEM 7: ITEM 8: NAME OF ISSUER TITLE CUSIP FAIR SHARES INVESTMENT MANAGERS VOTING OF NUMBER MARKET OR DISCRETION AUTHORITY CLASS VALUE PRINCIPAL SH/PRN (A) (B) (C) (000) AMOUNT SOLE SHARED NONE 3M CO COM 88579Y101 1,987 26,000 SH SOLE 26,000 ABBOTT LABS COM 002824100 3,088 55,344 SH SOLE 55,344 ACE LTD COM G0070K103 668 11,700 SH SOLE 11,700 ADOBE SYS INC COM 00724F101 863 20,700 SH SOLE 20,700 ADVANCED MICRO DEVICES INC COM 007903107 262 20,050 SH SOLE 20,050 AES CORP COM 00130H105 513 23,850 SH SOLE 23,850 AETNA INC COM 00817Y108 808 18,456 SH SOLE 18,456 AFFILIATED PUTER SVCS INCCOM 008190100 206 3,500 SH SOLE 3,500 AFLAC INC COM 001055102 807 17,150 SH SOLE 17,150 AGILENT TECHNOLOGIES INC COM 00846U101 498 14,778 SH SOLE 14,778 AIR PRODS & CHEMS INC COM 009158106 569 7,700 SH SOLE 7,700 ALCOA INC COM 013817101 1,059 31,252 SH SOLE 31,252 ALLEGHENY ENERGY INC COM 017361106 275 5,600 SH SOLE 5,600 ALLEGHENY TECHNOLOGIES INC COM 01741R102 391 3,666 SH SOLE 3,666 ALLERGAN INC COM 018490102 576 5,200 SH SOLE 5,200 ALLSTATE CORP COM 020002101 1,332 22,180 SH SOLE 22,180 ALLTEL CORP COM 020039103 800 12,900 SH SOLE 12,900 ALTERA CORP COM 021441100 248 12,400 SH SOLE 12,400 ALTRIA GROUP INC COM 02209S103 6,608 75,249 SH SOLE 75,249 AMAZON.COM INC COM 023135106 442 11,100 SH SOLE 11,100 AMBAC FINANCIAL GROUP INC COM 023139108 311 3,600 SH SOLE 3,600 AMEREN CORP COM 023608102 352 7,000 SH SOLE 7,000 AMERICAN ELEC PWR INC COM 025537101 691 14,182 SH SOLE 14,182 AMERICAN EXPRESS CO COM 025816109 2,405 42,650 SH SOLE 42,650 AMERICAN INTL GROUP INC COM 026874107 6,268 93,243 SH SOLE 93,243 AMERICAN STD COS INC COM 029712106 323 6,100 SH SOLE 6,100 AMERIPRISE FINL INC COM 03076C106 495 8,670 SH SOLE 8,670 AMERISOURCEBERGEN CORP COM 03073E105 380 7,200 SH SOLE 7,200 AMGEN INC COM 031162100 2,338 41,835 SH SOLE 41,835 ANADARKO PETE CORP COM 032511107 713 16,586 SH SOLE 16,586 ANALOG DEVICES INC COM 032654105 410 11,900 SH SOLE 11,900 ANHEUSER BUSCH COS INC COM 035229103 1,378 27,300 SH SOLE 27,300 AON CORP COM 037389103 420 11,056 SH SOLE 11,056 APACHE CORP COM 037411105 840 11,888 SH SOLE 11,888 APOLLO GROUP INC COM 037604105 211 4,800 SH SOLE 4,800 APPLE INC COM 037833100 2,871 30,900 SH SOLE 30,900 APPLIED MATLS INC COM 038222105 916 50,000 SH SOLE 50,000 ARCHER DANIELS MIDLAND CO COM 039483102 861 23,467 SH SOLE 23,467 ARCHSTONE SMITH TR COM 039583109 429 7,900 SH SOLE 7,900 AT & T INC COM 00206R102 8,828 223,903 SH SOLE 223,903 AUTODESK INC COM 052769106 297 7,900 SH SOLE 7,900 AUTOMATIC DATA PROCESSING INCOM 053015103 968 20,002 SH SOLE 20,002 AUTOZONE INC COM 053332102 243 1,900 SH SOLE 1,900 AVALONBAY CMNTYS INC COM 053484101 390 3,000 SH SOLE 3,000 AVAYA INC COM 053499109 193 16,321 SH SOLE 16,321 AVERY DENNISON CORP COM 053611109 212 3,300 SH SOLE 3,300 AVOCENT CORP COM 053893103 0 12 SH DEFINED 1 12 AVOCENT CORP COM 053893103 8,532 316,369 SH SOLE 316,369 AVON PRODS INC COM 054303102 579 15,528 SH SOLE 15,528 BAKER HUGHES INC COM 057224107 778 11,760 SH SOLE 11,760 BANK NEW YORK INC COM 064057102 1,096 27,040 SH SOLE 27,040 BANK OF AMERICA CORP COM 060505104 8,160 159,938 SH SOLE 159,938 BARD C R INC COM 067383109 286 3,600 SH SOLE 3,600 BAXTER INTL INC COM 071813109 1,229 23,340 SH SOLE 23,340 BB&T CORP COM 054937107 800 19,500 SH SOLE 19,500 BEAR STEARNS COS INC COM 073902108 613 4,074 SH SOLE 4,074 BECTON DICKINSON & CO COM 075887109 654 8,500 SH SOLE 8,500 BED BATH & BEYOND INC COM 075896100 390 9,700 SH SOLE 9,700 BEST BUY INC COM 086516101 685 14,050 SH SOLE 14,050 BIOGEN IDEC INC COM 09062X103 527 11,875 SH SOLE 11,875 BIOMET INC COM 090613100 363 8,550 SH SOLE 8,550 BJ SVCS CO COM 055482103 293 10,500 SH SOLE 10,500 BLACK & DECKER CORP COM 091797100 220 2,700 SH SOLE 2,700 BLOCK H & R INC COM 093671105 238 11,300 SH SOLE 11,300 BMC SOFTWARE INC COM 055921100 225 7,300 SH SOLE 7,300 BOEING CO COM 097023105 2,509 28,215 SH SOLE 28,215 BOSTON PPTYS INC COM 101121101 517 4,400 SH SOLE 4,400 BOSTON SCIENTIFIC CORP COM 101137107 619 42,550 SH SOLE 42,550 BRISTOL MYERS SQUIBB CO COM 110122108 2,014 72,546 SH SOLE 72,546 BROADCOM CORP COM 111320107 544 16,950 SH SOLE 16,950 BURLINGTON NORTH SANTA FE COCOM 12189T104 1,035 12,867 SH SOLE 12,867 C H ROBINSON WORLDWIDE INC COM NEW 12541W209 317 6,600 SH SOLE 6,600 CA INC COM 12673P105 381 14,699 SH SOLE 14,699 CAMPBELL SOUP CO COM 134429109 308 7,900 SH SOLE 7,900 CAPITAL ONE FINL CORP COM 14040H105 1,123 14,879 SH SOLE 14,879 CARDINAL HEALTH INC COM 14149Y108 1,061 14,550 SH SOLE 14,550 CARNIVAL CORP PAIRED CTF143658300 745 15,900 SH SOLE 15,900 CATERPILLAR INC COM 149123101 1,547 23,080 SH SOLE 23,080 CB RICHARD ELLIS GROUP INC COM 12497T101 243 7,100 SH SOLE 7,100 CBS CORP CL B 124857202 814 26,613 SH SOLE 26,613 CELGENE CORP COM 151020104 750 14,300 SH SOLE 14,300 CENTERPOINT ENERGY INC COM 15189T107 205 11,423 SH SOLE 11,423 CHESAPEAKE ENERGY CORP COM 165167107 454 14,700 SH SOLE 14,700 CHEVRON CORPORATION COM 166764100 5,711 77,216 SH SOLE 77,216 CHICAGO MERCANTILE HLDNGS INCL A 167760107 692 1,300 SH SOLE 1,300 CHUBB CORP COM 171232101 754 14,600 SH SOLE 14,600 CIGNA CORP COM 125509109 499 3,500 SH SOLE 3,500 CINCINNATI FINL CORP COM 172062101 254 5,982 SH SOLE 5,982 CISCO SYS INC COM 17275R102 5,525 216,418 SH SOLE 216,418 CIT GROUP INC COM 125581108 365 6,900 SH SOLE 6,900 CITIGROUP INC COM 172967101 9,015 175,593 SH SOLE 175,593 CITIZENS COMMUNICATIONS CO CL B 17453B101 181 12,100 SH SOLE 12,100 CLEAR CHANNEL COMMUNICATIONSCOM 184502102 624 17,800 SH SOLE 17,800 CLEARWIRE CORP CL A 185385309 68,233 3,333,333 SH DEFINED 1 3,333,333 CLEARWIRE CORP CL A 185385309 479,563 23,427,601 SH DEFINED 3 23,427,601 CLOROX CO COM 189054109 331 5,200 SH SOLE 5,200 COACH INC COM 189754104 661 13,200 SH SOLE 13,200 COCA COLA CO COM 191216100 3,466 72,208 SH SOLE 72,208 COCA COLA ENTERPRISES INC COM 191219104 211 10,400 SH SOLE 10,400 COGNIZANT TECH SOLUTIONS COM 192446102 477 5,400 SH SOLE 5,400 COLGATE PALMOLIVE CO COM 194162103 1,229 18,400 SH SOLE 18,400 COMCAST CORP COM 20030N101 2,891 111,398 SH SOLE 111,398 COMERICA INC COM 200340107 331 5,600 SH SOLE 5,600 COMMERCE BANCORP INC N J COM 200519106 237 7,100 SH SOLE 7,100 COMPASS BANCSHARES INC COM 20449H109 296 4,300 SH SOLE 4,300 COMPUTER SCIENCES CORP COM 205363104 334 6,400 SH SOLE 6,400 COMPUWARE CORP COM 205638109 110 11,600 SH SOLE 11,600 CONAGRA FOODS INC COM 205887102 446 17,900 SH SOLE 17,900 CONOCOPHILLIPS COM 20825C104 4,027 58,919 SH SOLE 58,919 CONSOL ENERGY INC COM 20854P109 270 6,900 SH SOLE 6,900 CONSOLIDATED EDISON INC COM 209115104 470 9,200 SH SOLE 9,200 CONSTELLATION ENGY GRP INC COM 210371100 530 6,100 SH SOLE 6,100 COOPER INDUSTRIES LTD COM G24182100 288 6,400 SH SOLE 6,400 CORNING INC COM 219350105 1,281 56,350 SH SOLE 56,350 COSTCO WHSL CORP COM 22160K105 878 16,300 SH SOLE 16,300 COUNTRYWIDE FINANCIAL CORP COM 222372104 700 20,798 SH SOLE 20,798 COVENTRY HEALTH CARE INC COM 222862104 308 5,500 SH SOLE 5,500 CSX CORP COM 126408103 609 15,200 SH SOLE 15,200 CUMMINS INC COM 231021106 232 1,600 SH SOLE 1,600 CVS/CAREMARK CORP COM 126650100 1,885 55,218 SH SOLE 55,218 D R HORTON INC COM 23331A109 207 9,400 SH SOLE 9,400 DANAHER CORP COM 235851102 586 8,200 SH SOLE 8,200 DARDEN RESTAURANTS INC COM 237194105 214 5,200 SH SOLE 5,200 DEAN FOODS CO COM 242370104 220 4,700 SH SOLE 4,700 DEERE & CO COM 244199105 891 8,200 SH SOLE 8,200 DELL INC COM 24702R101 1,881 81,050 SH SOLE 81,050 DEVELOPERS DIVERSIFIED RLTY COM 251591103 302 4,800 SH SOLE 4,800 DEVON ENERGY CORP COM 25179M103 1,101 15,900 SH SOLE 15,900 DIRECTTV GROUP INC COM 25459L106 676 29,300 SH SOLE 29,300 DISNEY WALT CO COM 254687106 2,538 73,712 SH SOLE 73,712 DOLLAR GEN CORP COM 256669102 231 10,918 SH SOLE 10,918 DOMINION RES INC VA COM 25746U109 1,108 12,484 SH SOLE 12,484 DONNELLEY R R & SONS CO COM 257867101 271 7,400 SH SOLE 7,400 DOVER CORP COM 260003108 342 7,000 SH SOLE 7,000 DOW CHEM CO COM 260543103 1,577 34,393 SH SOLE 34,393 DTE ENERGY CO COM 233331107 292 6,100 SH SOLE 6,100 DU PONT E I DE NEMOURS & CO COM 263534109 1,639 33,150 SH SOLE 33,150 DUKE ENERGY CORP COM 26441C105 914 45,062 SH SOLE 45,062 DYNEGY INC COM 26816Q101 127 13,730 SH SOLE 13,730 E TRADE FINANCIAL CORP COM 269246104 327 15,400 SH SOLE 15,400 EASTMAN KODAK CO COM 277461109 222 9,850 SH SOLE 9,850 EATON CORP COM 278058102 426 5,100 SH SOLE 5,100 EBAY INC COM 278642103 1,349 40,700 SH SOLE 40,700 ECOLAB INC COM 278865100 271 6,300 SH SOLE 6,300 EDISON INTL COM 281020107 575 11,700 SH SOLE 11,700 EL PASO CORP COM 28336L109 363 25,114 SH SOLE 25,114 ELECTRONIC ARTS COM 285512109 559 11,100 SH SOLE 11,100 ELECTRONIC DATA SYS CORP COM 285661104 509 18,400 SH SOLE 18,400 EMBARQ CORP COM 29078E105 288 5,109 SH SOLE 5,109 EMC CORP MASS COM 268648102 1,044 75,404 SH SOLE 75,404 EMCORE CORP COM 290846104 148 29,611 SH DEFINED 1 29,611 EMERSON ELEC CO COM 291011104 1,219 28,300 SH SOLE 28,300 ENSCO INTL INC COM 26874Q100 310 5,700 SH SOLE 5,700 ENTERGY CORP COM 29364G103 755 7,200 SH SOLE 7,200 EOG RES INC COM 26875P101 599 8,400 SH SOLE 8,400 EQUITY RESIDENTIAL SH BEN INT29476L107 509 10,550 SH SOLE 10,550 ESTEE LAUDER COS INC COM 518439104 200 4,100 SH SOLE 4,100 EXELON CORP COM 30161N101 1,656 24,100 SH SOLE 24,100 EXPRESS SCRIPTS INC COM 302182100 404 5,000 SH SOLE 5,000 EXXON MOBIL CORP COM 30231G102 15,371 203,725 SH SOLE 203,725 FANNIE MAE COM 313586109 1,897 34,750 SH SOLE 34,750 FEDERATED DEPT STORES INC COM 31410H101 844 18,738 SH SOLE 18,738 FEDEX CORP COM 31428X106 1,182 11,000 SH SOLE 11,000 FIDELITY NATL INFORMATION SVCOM 31620M106 277 6,100 SH SOLE 6,100 FIFTH THIRD BANCORP COM 316773100 770 19,892 SH SOLE 19,892 FIRST DATA CORP COM 319963104 724 26,929 SH SOLE 26,929 FIRSTENERGY CORP COM 337932107 755 11,400 SH SOLE 11,400 FISERV INC COM 337738108 340 6,400 SH SOLE 6,400 FLUOR CORP COM 343412102 269 3,000 SH SOLE 3,000 FORD MTR CO DEL COM PAR $0345370860 536 67,915 SH SOLE 67,915 FOREST LABS INC COM 345838106 576 11,200 SH SOLE 11,200 FORTUNE BRANDS INC COM 349631101 401 5,086 SH SOLE 5,086 FPL GROUP INC COM 302571104 887 14,500 SH SOLE 14,500 FRANKLIN RES INC COM 354613101 725 6,000 SH SOLE 6,000 FREDDIE MAC CORP COM 313400301 1,480 24,882 SH SOLE 24,882 FREEPORT MCMORAN COPPER & GOCOM 35671D857 797 12,042 SH SOLE 12,042 GANNETT INC COM 364730101 462 8,200 SH SOLE 8,200 GAP INC COM 364760108 324 18,825 SH SOLE 18,825 GENERAL DYNAMICS CORP COM 369550108 1,108 14,500 SH SOLE 14,500 GENERAL ELEC CO COM 369604103 13,026 368,384 SH SOLE 368,384 GENERAL MLS INC COM 370334104 716 12,300 SH SOLE 12,300 GENERAL MTRS CORP COM 370442105 621 20,274 SH SOLE 20,274 GENUINE PARTS CO COM 372460105 292 5,950 SH SOLE 5,950 GENWORTH FINL INC COM 37247D106 559 16,000 SH SOLE 16,000 GENZYME CORP COM 372917104 564 9,400 SH SOLE 9,400 GILEAD SCIENCES INC COM 375558103 1,272 16,600 SH SOLE 16,600 GOLDMAN SACHS GROUP INC COM 38141G104 3,099 15,000 SH SOLE 15,000 GOODRICH CORP COM 382388106 216 4,200 SH SOLE 4,200 GOOGLE INC COM 38259P508 3,574 7,800 SH SOLE 7,800 GRAINGER W W INC COM 384802104 201 2,600 SH SOLE 2,600 HALLIBURTON CO COM 406216101 1,130 35,600 SH SOLE 35,600 HARLEY DAVIDSON INC COM 412822108 552 9,400 SH SOLE 9,400 HARMAN INTL INDS INC COM 413086109 221 2,300 SH SOLE 2,300 HARRAHS ENTMT INC COM 413619107 532 6,300 SH SOLE 6,300 HARTFORD FINL SVCS GROUP INCCOM 416515104 1,109 11,600 SH SOLE 11,600 HEINZ H J CO COM 423074103 542 11,500 SH SOLE 11,500 HERSHEY COMPANY COM 427866108 339 6,200 SH SOLE 6,200 HESS CORP COM 42809H107 544 9,800 SH SOLE 9,800 HEWLETT PACKARD CO COM 428236103 3,842 95,716 SH SOLE 95,716 HILTON HOTELS CORP COM 432848109 507 14,100 SH SOLE 14,100 HOME DEPOT INC COM 437076102 2,688 73,150 SH SOLE 73,150 HONEYWELL INTL INC COM 438516106 1,315 28,557 SH SOLE 28,557 HOSPIRA INC COM 441060100 227 5,554 SH SOLE 5,554 HOST HOTELS & RESORTS INC COM 44107P104 518 19,700 SH SOLE 19,700 HUDSON CITY BANCORP INC COM 443683107 256 18,700 SH SOLE 18,700 HUMANA INC COM 444859102 325 5,600 SH SOLE 5,600 IAC/INTERACTIVE CORP COM 44919P300 313 8,300 SH SOLE 8,300 IBM CORP COM 459200101 5,082 53,918 SH SOLE 53,918 ILLINOIS TOOL WKS INC COM 452308109 764 14,800 SH SOLE 14,800 IMS HEALTH INC COM 449934108 205 6,900 SH SOLE 6,900 INGERSOLL-RAND PANY LTD COM G4776G101 490 11,300 SH SOLE 11,300 INTERNATIONAL GAME TECHNOLOGCOM 459902102 489 12,100 SH SOLE 12,100 INTERNATIONAL PAPER CO COM 460146103 590 16,216 SH SOLE 16,216 INTERPUBLIC GROUP COS INC COM 460690100 207 16,844 SH SOLE 16,844 INTUIT COM 461202103 334 12,200 SH SOLE 12,200 ITT CORP COM 450911102 386 6,400 SH SOLE 6,400 JC PENNEY CO INC COM 708160106 660 8,028 SH SOLE 8,028 JOHNSON & JOHNSON COM 478160104 6,247 103,666 SH SOLE 103,666 JOHNSON CTLS INC COM 478366107 634 6,700 SH SOLE 6,700 JPMORGAN CHASE & CO COM 46625H100 6,021 124,444 SH SOLE 124,444 JUNIPER NETWORKS INC COM 48203R104 425 21,600 SH SOLE 21,600 KELLOGG CO COM 487836108 446 8,680 SH SOLE 8,680 KEYCORP COM 493267108 524 13,984 SH SOLE 13,984 KEYSPAN CORP COM 49337W100 247 6,000 SH SOLE 6,000 KIMBERLY CLARK CORP COM 494368103 1,089 15,900 SH SOLE 15,900 KIMCO RLTY CORP COM 49446R109 395 8,100 SH SOLE 8,100 KINDER MORGAN INC KANS COM 49455P101 383 3,600 SH SOLE 3,600 KLA TENCOR CORP COM 482480100 368 6,900 SH SOLE 6,900 KOHLS CORP COM 500255104 912 11,900 SH SOLE 11,900 KROGER CO COM 501044101 705 24,950 SH SOLE 24,950 L-3 MUNICATIONS HLDGS INCCOM 502424104 367 4,200 SH SOLE 4,200 LABORATORY CORP AMER HLDGS COM 50540R409 312 4,300 SH SOLE 4,300 LEGG MASON INC COM 524901105 405 4,300 SH SOLE 4,300 LEHMAN BROS HLDGS INC COM 524908100 1,303 18,600 SH SOLE 18,600 LEXMARK INTERNATIONAL INC COM 529771107 216 3,700 SH SOLE 3,700 LILLY ELI & CO COM 532457108 1,893 35,250 SH SOLE 35,250 LIMITED BRANDS INC COM 532716107 313 12,006 SH SOLE 12,006 LINCOLN NATL CORP IND COM 534187109 664 9,800 SH SOLE 9,800 LINEAR TECHNOLOGY CORP COM 535678106 332 10,500 SH SOLE 10,500 LOCKHEED MARTIN CORP COM 539830109 1,198 12,344 SH SOLE 12,344 LOEWS CORP COM 540424108 736 16,200 SH SOLE 16,200 LOWES COS INC COM 548661107 1,716 54,500 SH SOLE 54,500 LSI CORP COM 502161102 152 14,600 SH SOLE 14,600 M & T BK CORP COM 55261F104 313 2,700 SH SOLE 2,700 MARATHON OIL CORP COM 565849106 1,252 12,672 SH SOLE 12,672 MARRIOTT INTL INC COM 571903202 578 11,800 SH SOLE 11,800 MARSH & MCLENNAN COS INC COM 571748102 582 19,858 SH SOLE 19,858 MARSHALL & ILSLEY CORP COM 571834100 426 9,200 SH SOLE 9,200 MASCO CORP COM 574599106 392 14,300 SH SOLE 14,300 MATTEL INC COM 577081102 388 14,075 SH SOLE 14,075 MAXIM INTEGRATED PRODS INC COM 57772K101 338 11,500 SH SOLE 11,500 MBIA INC COM 55262C100 301 4,600 SH SOLE 4,600 MCDONALDS CORP COM 580135101 1,951 43,304 SH SOLE 43,304 MCGRAW HILL COS INC COM 580645109 792 12,600 SH SOLE 12,600 MCKESSON CORP COM 58155Q103 615 10,513 SH SOLE 10,513 MEDCO HEALTH SOLUTIONS INC COM 58405U102 756 10,430 SH SOLE 10,430 MEDIMMUNE INC COM 584699102 320 8,800 SH SOLE 8,800 MEDTRONIC INC COM 585055106 2,039 41,562 SH SOLE 41,562 MELLANOX TECHNOLOGIES LTD SHS M51363113 17,296 1,184,631 SH DEFINED 2 1,184,631 MELLON FINL CORP COM 58551A108 641 14,850 SH SOLE 14,850 MERCK & CO INC COM 589331107 3,428 77,616 SH SOLE 77,616 MERRILL LYNCH & CO INC COM 590188108 2,582 31,618 SH SOLE 31,618 METLIFE INC COM 59156R108 1,699 26,900 SH SOLE 26,900 MICRON TECHNOLOGY INC COM 595112103 329 27,200 SH SOLE 27,200 MICROSOFT CORP COM 594918104 8,597 308,450 SH SOLE 308,450 MONSANTO CO COM 61166W101 1,075 19,566 SH SOLE 19,566 MONSTER WORLDWIDE INC COM 611742107 208 4,400 SH SOLE 4,400 MOODYS CORP COM 615369105 521 8,400 SH SOLE 8,400 MORGAN STANLEY COM 617446448 3,005 38,156 SH SOLE 38,156 MOTOROLA INC COM 620076109 1,511 85,498 SH SOLE 85,498 MURPHY OIL CORP COM 626717102 363 6,800 SH SOLE 6,800 NABORS INDUSTRIES LTD COM G6359F103 297 10,000 SH SOLE 10,000 NATIONAL CITY CORP COM 635405103 793 21,300 SH SOLE 21,300 NATIONAL OILWELL VARCO INC COM 637071101 467 6,000 SH SOLE 6,000 NATIONAL SEMICONDUCTOR CORP COM 637640103 244 10,100 SH SOLE 10,100 NCR CORP COM 62886E108 301 6,300 SH SOLE 6,300 NETWORK APPLIANCE INC COM 64120L104 471 12,900 SH SOLE 12,900 NEWELL RUBBERMAID INC COM 651229106 309 9,924 SH SOLE 9,924 NEWMONT MINING CORP HOLDING COM 651639106 679 16,162 SH SOLE 16,162 NEWS CORPORATION COM 65248E104 1,942 84,000 SH SOLE 84,000 NIKE INC CL B 654106103 691 6,500 SH SOLE 6,500 NISOURCE INC COM 65473P105 230 9,400 SH SOLE 9,400 NOBLE CORP COM G65422100 370 4,700 SH SOLE 4,700 NORDSTROM INC WASH COM 655664100 434 8,200 SH SOLE 8,200 NORFOLK SOUTHN CORP COM 655844108 716 14,150 SH SOLE 14,150 NORTHERN TR CORP COM 665859104 385 6,400 SH SOLE 6,400 NORTHROP GRUMMAN CORP COM 666807102 932 12,558 SH SOLE 12,558 NOVELL INC COM 670006105 87 12,094 SH SOLE 12,094 NUCOR CORP COM 670346105 703 10,800 SH SOLE 10,800 NVIDIA CORP COM 67066G104 368 12,800 SH SOLE 12,800 OCCIDENTAL PETE CORP COM 674599105 1,460 29,600 SH SOLE 29,600 OFFICE DEPOT INC COM 676220106 358 10,200 SH SOLE 10,200 OMNICOM GROUP INC COM 681919106 635 6,200 SH SOLE 6,200 OPTIUM CORP COM 68402T107 5,459 282,161 SH DEFINED 1 282,161 ORACLE CORPORATION COM 68389X105 2,602 143,534 SH SOLE 143,534 PACCAR INC COM 693718108 647 8,812 SH SOLE 8,812 PARKER HANNIFIN CORP COM 701094104 358 4,150 SH SOLE 4,150 PAYCHEX INC COM 704326107 461 12,175 SH SOLE 12,175 PEABODY ENERGY CORP COM 704549104 406 10,100 SH SOLE 10,100 PEPSICO INC COM 713448108 3,731 58,700 SH SOLE 58,700 PFIZER INC COM 717081103 6,405 253,564 SH SOLE 253,564 PG&E CORP COM 69331C108 608 12,596 SH SOLE 12,596 PITNEY BOWES INC COM 724479100 354 7,800 SH SOLE 7,800 PLUM CREEK TIMBER CO INC COM 729251108 250 6,350 SH SOLE 6,350 PMC SIERRA INC COM 69344F106 54 7,700 SH SOLE 7,700 PMC SIERRA INC COM 69344F106 1,026 146,364 SH DEFINED 2 146,364 PNC FINANCIAL SERVICES GROUPCOM 693475105 900 12,500 SH SOLE 12,500 POLO RALPH LAUREN CORP COM 731572103 203 2,300 SH SOLE 2,300 PPG INDS INC COM 693506107 399 5,670 SH SOLE 5,670 PPL CORP COM 69351T106 564 13,800 SH SOLE 13,800 PRAXAIR INC COM 74005P104 703 11,162 SH SOLE 11,162 PRICE T ROWE GROUP INC COM 74144T108 448 9,500 SH SOLE 9,500 PRINCIPAL FINANCIAL GROUP INCOM 74251V102 575 9,600 SH SOLE 9,600 PROCTER & GAMBLE CO COM 742718109 7,150 113,206 SH SOLE 113,206 PROGRESS ENERGY INC COM 743263105 464 9,200 SH SOLE 9,200 PROGRESSIVE CORP OHIO COM 743315103 580 26,600 SH SOLE 26,600 PROLOGIS INT COM 743410102 597 9,200 SH SOLE 9,200 PRUDENTIAL FINL INC COM 744320102 1,537 17,025 SH SOLE 17,025 PUBLIC STORAGE INC COM 74460D109 426 4,500 SH SOLE 4,500 PUBLIC SVC ENTERPRISE GROUP COM 744573106 714 8,594 SH SOLE 8,594 QUALCOMM INC COM 747525103 2,534 59,400 SH SOLE 59,400 QUEST DIAGNOSTICS INC COM 74834L100 279 5,600 SH SOLE 5,600 QUESTAR CORP COM 748356102 294 3,300 SH SOLE 3,300 QWEST MUNICATIONS INTL INCOM 749121109 506 56,298 SH SOLE 56,298 RAYTHEON CO COM 755111507 839 16,000 SH SOLE 16,000 REALOGY CORP COM 75605E100 230 7,770 SH SOLE 7,770 REGIONS FINL CORP COM 7591EP100 928 26,237 SH SOLE 26,237 REYNOLDS AMERN INC COM 761713106 362 5,800 SH SOLE 5,800 ROBERT HALF INTL INC COM 770323103 218 5,900 SH SOLE 5,900 ROCKWELL AUTOMATION INC COM 773903109 365 6,100 SH SOLE 6,100 ROCKWELL COLLINS INC COM 774341101 395 5,900 SH SOLE 5,900 ROHM & HAAS CO COM 775371107 258 4,992 SH SOLE 4,992 SAFECO CORP COM 786429100 279 4,200 SH SOLE 4,200 SAFEWAY INC COM 786514208 568 15,500 SH SOLE 15,500 SANDISK CORP COM 80004C101 359 8,200 SH SOLE 8,200 SANMINA-SCI CORP COM 800907107 69 18,950 SH SOLE 18,950 SARA LEE CORP COM 803111103 442 26,150 SH SOLE 26,150 SCHERING PLOUGH CORP COM 806605101 1,361 53,350 SH SOLE 53,350 SCHLUMBERGER LTD COM 806857108 2,923 42,300 SH SOLE 42,300 SCHWAB CHARLES CORP COM 808513105 673 36,800 SH SOLE 36,800 SEARS HLDGS CORP COM 812350106 616 3,419 SH SOLE 3,419 SEMPRA ENERGY COM 816851109 571 9,360 SH SOLE 9,360 SHERWIN WILLIAMS CO COM 824348106 251 3,800 SH SOLE 3,800 SIMON PPTY GROUP INC COM 828806109 890 8,000 SH SOLE 8,000 SLM CORP COM 78442P106 589 14,400 SH SOLE 14,400 SMITH INTL INC COM 832110100 360 7,500 SH SOLE 7,500 SOLECTRON CORP COM 834182107 102 32,300 SH SOLE 32,300 SOUTHERN CO COM 842587107 984 26,850 SH SOLE 26,850 SOUTHWEST AIRLS CO COM 844741108 417 28,375 SH SOLE 28,375 SOVEREIGN BANCORP INC COM 845905108 329 12,915 SH SOLE 12,915 SPECTRA ENERGY CORP COM 847560109 592 22,531 SH SOLE 22,531 SPRINT NEXTEL CORP COM FON 852061100 1,972 103,984 SH SOLE 103,984 ST JUDE MED INC COM 790849103 475 12,624 SH SOLE 12,624 STAPLES INC COM 855030102 663 25,675 SH SOLE 25,675 STARBUCKS CORP COM 855244109 844 26,900 SH SOLE 26,900 STARWOOD HOTELS & RESORTS COM 85590A401 480 7,400 SH SOLE 7,400 STATE STREET CORP COM 857477103 745 11,500 SH SOLE 11,500 STRYKER CORP COM 863667101 710 10,700 SH SOLE 10,700 SUN MICROSYSTEMS INC COM 866810104 778 129,414 SH SOLE 129,414 SUNOCO INC COM 86764P109 324 4,600 SH SOLE 4,600 SUNTRUST BKS INC COM 867914103 1,063 12,800 SH SOLE 12,800 SUPERVALU INC COM 868536103 274 7,011 SH SOLE 7,011 SYMANTEC CORP COM 871503108 572 33,081 SH SOLE 33,081 SYNOVUS FINL CORP COM 87161C105 380 11,750 SH SOLE 11,750 SYSCO CORP COM 871829107 748 22,100 SH SOLE 22,100 TARGET CORP COM 87612E106 1,822 30,750 SH SOLE 30,750 TELLABS INC COM 879664100 153 15,500 SH SOLE 15,500 TEMPLE INLAND INC COM 879868107 227 3,800 SH SOLE 3,800 TENET HEALTHCARE CORP COM 88033G100 108 16,874 SH SOLE 16,874 TEREX CORP COM 880779103 280 3,900 SH SOLE 3,900 TEXAS INSTRS INC COM 882508104 1,553 51,600 SH SOLE 51,600 TEXTRON INC COM 883203101 413 4,600 SH SOLE 4,600 THERMO FISHER SCIENTIFIC COM 883556102 706 15,100 SH SOLE 15,100 TIFFANY & CO COM 886547108 223 4,900 SH SOLE 4,900 TIME WARNER INC COM 887317105 2,692 136,495 SH SOLE 136,495 TJX COS INC COM 872540109 429 15,900 SH SOLE 15,900 TORCHMARK CORP COM 891027104 236 3,600 SH SOLE 3,600 TRANSOCEAN INC COM G90078109 858 10,504 SH SOLE 10,504 TRAVELERS COS INC COM 89417E109 1,239 23,940 SH SOLE 23,940 TRIBUNE CO COM 896047107 203 6,326 SH SOLE 6,326 TXU CORP COM 873168108 1,051 16,404 SH SOLE 16,404 TYCO INTL LTD COM 902124106 2,236 70,880 SH SOLE 70,880 UNION PAC CORP COM 907818108 985 9,700 SH SOLE 9,700 UNISYS CORP COM 909214108 105 12,400 SH SOLE 12,400 UNITED PARCEL SVC INC CL B 911312106 2,674 38,150 SH SOLE 38,150 UNITED STATES STEEL CORP COM 912909108 417 4,200 SH SOLE 4,200 UNITED TECHNOLOGIES CORP COM 913017109 2,314 35,600 SH SOLE 35,600 UNITEDHEALTH GROUP INC COM 91324P102 2,569 48,504 SH SOLE 48,504 UNUM GROUP COM 91529Y106 285 12,385 SH SOLE 12,385 US BANCORP COM 902973304 2,219 63,447 SH SOLE 63,447 UST INC COM 902911106 329 5,674 SH SOLE 5,674 V F CORP COM 918204108 248 3,000 SH SOLE 3,000 VALERO ENERGY CORP COM 91913Y100 1,380 21,400 SH SOLE 21,400 VARIAN MED SYS INC COM 92220P105 234 4,900 SH SOLE 4,900 VERISIGN INC COM 92343E102 211 8,400 SH SOLE 8,400 VERIZON COMMUNICATIONS COM 92343V104 3,955 104,298 SH SOLE 104,298 VIACOM INC CL B 92553P201 1,016 24,713 SH SOLE 24,713 VORNADO RLTY TR COM 929042109 561 4,700 SH SOLE 4,700 VULCAN MATLS CO COM 929160109 408 3,500 SH SOLE 3,500 WACHOVIA CORP COM 929903102 3,763 68,362 SH SOLE 68,362 WAL MART STORES INC COM 931142103 4,134 88,052 SH SOLE 88,052 WALGREEN CO COM 931422109 1,650 35,950 SH SOLE 35,950 WASHINGTON MUTUAL INC COM 939322103 1,284 31,797 SH SOLE 31,797 WASTE MGMT INC COM 94106L109 656 19,063 SH SOLE 19,063 WATERS CORP COM 941848103 209 3,600 SH SOLE 3,600 WEATHERFORD INTERNATIONAL LTCOM G95089101 541 12,000 SH SOLE 12,000 WELLPOINT INC COM 94973V107 1,776 21,900 SH SOLE 21,900 WELLS FARGO & CO COM 949746101 4,171 121,148 SH SOLE 121,148 WESTERN UN CO COM 959802109 609 27,729 SH SOLE 27,729 WEYERHAEUSER CO COM 962166104 562 7,517 SH SOLE 7,517 WHIRLPOOL CORP COM 963320106 228 2,687 SH SOLE 2,687 WHOLE FOODS MKT INC COM 966837106 215 4,800 SH SOLE 4,800 WILLIAMS COS INC COM 969457100 612 21,500 SH SOLE 21,500 WINDSTREAM CORP COM 97381W104 253 17,254 SH SOLE 17,254 WRIGLEY WM JR CO COM 982526105 387 7,600 SH SOLE 7,600 WYETH COM 983024100 2,413 48,226 SH SOLE 48,226 WYNDHAM WORLDWIDE CORP COM 98310W108 237 6,936 SH SOLE 6,936 XCEL ENERGY INC COM 98389B100 361 14,635 SH SOLE 14,635 XEROX CORP COM 984121103 574 34,000 SH SOLE 34,000 XILINX INC COM 983919101 306 11,900 SH SOLE 11,900 XL CAP LTD COM G98255105 455 6,500 SH SOLE 6,500 XTO ENERGY INC COM 98385X106 722 13,166 SH SOLE 13,166 YAHOO INC COM 984332106 1,358 43,400 SH SOLE 43,400 YUM BRANDS INC COM 988498101 548 9,484 SH SOLE 9,484 ZIMMER HLDGS INC COM 98956P102 725 8,489 SH SOLE 8,489 ZIONS BANCORPORATION COM 989701107 304 3,600 SH SOLE 3,600