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, 2008 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 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 12, 2008 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: 405 Form 13F Information Table Value Total: $1,227,005,000 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 Capital Corporation 3/31/08 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 OF CUSIP FAIR MARKET SHARES OR INVESTMENT MANAGERS VOTING AUTHORITY CLASS VALUE PRINCIPAL SH/ DISCRETION (A) SOLE (B) SHARED (C) NONE (000) PRN 3M CO COM 88579Y101 2,084 26,334 SH SOLE 26,334 ABBOTT LABS COM 002824100 3,131 56,775 SH SOLE 56,775 ABERCROMBIE & FITCH CO CL A 002896207 229 3,128 SH SOLE 3,128 ACE LTD COM G0070K103 681 12,374 SH SOLE 12,374 ADOBE SYS INC COM 00724F101 756 21,237 SH SOLE 21,237 ADVANCED MICRO DEVICES COM 007903107 130 22,050 SH SOLE 22,050 AES CORP COM 00130H105 411 24,630 SH SOLE 24,630 AETNA INC COM 00817Y108 777 18,456 SH SOLE 18,456 AFLAC INC COM 001055102 1,177 18,129 SH SOLE 18,129 AGILENT TECHNOLOGIES INC COM 00846U101 431 14,450 SH SOLE 14,450 AIR PRODS & CHEMS INC COM 009158106 717 7,798 SH SOLE 7,798 ALCOA INC COM 013817101 1,132 31,405 SH SOLE 31,405 ALLEGHENY ENERGY INC COM 017361106 303 5,994 SH SOLE 5,994 ALLEGHENY TECHNOLOGIES COM 01741R102 262 3,666 SH SOLE 3,666 ALLERGAN INC COM 018490102 626 11,098 SH SOLE 11,098 ALLIED WASTE INDS INC PAR $0.01 019589308 118 10,907 SH SOLE 10,907 ALLSTATE CORP COM 020002101 1,015 21,112 SH SOLE 21,112 ALTERA CORP COM 021441100 228 12,351 SH SOLE 12,351 ALTRIA GROUP INC COM 02209S103 1,720 77,477 SH SOLE 77,477 AMAZON.COM INC COM 023135106 822 11,530 SH SOLE 11,530 AMEREN CORP COM 023608102 330 7,492 SH SOLE 7,492 AMERICAN CAP STRATEGIES COM 024937104 249 7,282 SH SOLE 7,282 AMERICAN ELEC PWR INC COM 025537101 621 14,907 SH SOLE 14,907 AMERICAN EXPRESS CO COM 025816109 1,887 43,150 SH SOLE 43,150 AMERICAN INTL GROUP INC COM 026874107 4,046 93,548 SH SOLE 93,548 AMERICAN TOWER CORP COM 029912201 588 15,000 SH SOLE 15,000 AMERIPRISE FINL INC COM 03076C106 440 8,491 SH SOLE 8,491 AMERISOURCEBERGEN CORP COM 03073E105 246 6,002 SH SOLE 6,002 AMGEN INC COM 031162100 1,680 40,220 SH SOLE 40,220 ANADARKO PETE CORP COM 032511107 1,087 17,242 SH SOLE 17,242 ANALOG DEVICES INC COM 032654105 332 11,231 SH SOLE 11,231 ANHEUSER BUSCH COS INC COM 035229103 1,284 27,052 SH SOLE 27,052 AON CORP COM 037389103 425 10,566 SH SOLE 10,566 APACHE CORP COM 037411105 1,448 11,982 SH SOLE 11,982 APOLLO GROUP INC CL A 037604105 222 5,128 SH SOLE 5,128 APPLE INC COM 037833100 4,647 32,385 SH SOLE 32,385 APPLERA CORP-APPLIED BIOS COM 038020103 201 6,118 SH SOLE 6,118 APPLIED MATLS INC COM 038222105 985 50,500 SH SOLE 50,500 ARCHER DANIELS MIDLAND CO COM. 039483102 977 23,727 SH SOLE 23,727 ASSURANT INC COM 04621X108 212 3,482 SH SOLE 3,482 AT & T INC COM 00206R102 8,545 223,111 SH SOLE 223,111 AUTODESK INC COM 052769106 261 8,301 SH SOLE 8,301 AUTOMATIC DATA PROCESSING COM 053015103 812 19,166 SH SOLE 19,166 AVALONBAY CMNTYS INC COM 053484101 278 2,878 SH SOLE 2,878 Avocent Corporation COM 053893103 5,347 316,369 SH SOLE 316,369 Avocent Corporation COM 053893103 0 12 SH DEFINED 1 12 AVON PRODS INC COM 054303102 634 16,028 SH SOLE 16,028 BAKER HUGHES INC COM 057224107 790 11,533 SH SOLE 11,533 BANK NEW YORK MELLON CORP COM 064058100 1,755 42,065 SH SOLE 42,065 BANK OF AMERICA CORP COM 060505104 6,204 163,643 SH SOLE 163,643 BARD C R INC COM 067383109 360 3,730 SH SOLE 3,730 BAXTER INTL INC COM 071813109 1,350 23,340 SH SOLE 23,340 BB&T CORP COM 054937107 655 20,420 SH SOLE 20,420 BECTON DICKINSON & CO COM 075887109 754 8,784 SH SOLE 8,784 BED BATH & BEYOND INC COM 075896100 286 9,700 SH SOLE 9,700 BEST BUY INC COM 086516101 533 12,866 SH SOLE 12,866 BIOGEN IDEC INC COM 09062X103 672 10,891 SH SOLE 10,891 BJ SVCS CO COM 055482103 314 11,000 SH SOLE 11,000 BLOCK H & R INC COM 093671105 254 12,216 SH SOLE 12,216 BMC SOFTWARE INC COM 055921100 237 7,300 SH SOLE 7,300 BOEING CO COM 097023105 2,141 28,784 SH SOLE 28,784 BOSTON PPTYS INC COM 101121101 396 4,296 SH SOLE 4,296 BOSTON SCIENTIFIC CORP COM 101137107 639 49,647 SH SOLE 49,647 BRISTOL MYERS SQUIBB CO COM 110122108 1,552 72,882 SH SOLE 72,882 BROADCOM CORP CL A 111320107 336 17,450 SH SOLE 17,450 BROWN FORMAN CORP CL B 115637209 207 3,121 SH SOLE 3,121 BURLINGTON NORTH SANTA FE COM 12189T104 1,000 10,842 SH SOLE 10,842 C H ROBINSON WORLDWIDE COM NEW 12541W209 339 6,229 SH SOLE 6,229 CA INC COM 12673P105 327 14,526 SH SOLE 14,526 CAMPBELL SOUP CO COM 134429109 275 8,110 SH SOLE 8,110 CAPITAL ONE FINL CORP COM 14040H105 717 14,574 SH SOLE 14,574 CARDINAL HEALTH INC COM 14149Y108 691 13,156 SH SOLE 13,156 CARNIVAL CORP PAIRED CTF143658300 658 16,248 SH SOLE 16,248 CATERPILLAR INC COM 149123101 1,846 23,580 SH SOLE 23,580 CBS CORP CL B 124857202 557 25,219 SH SOLE 25,219 CELGENE CORP COM 151020104 877 14,313 SH SOLE 14,313 CENTERPOINT ENERGY INC COM 15189T107 170 11,923 SH SOLE 11,923 CHESAPEAKE ENERGY CORP COM 165167107 771 16,700 SH SOLE 16,700 CHEVRON CORPORATION COM 166764100 6,652 77,933 SH SOLE 77,933 CHUBB CORP COM 171232101 702 14,194 SH SOLE 14,194 CIGNA CORP COM 125509109 414 10,208 SH SOLE 10,208 CINCINNATI FINL CORP COM 172062101 236 6,207 SH SOLE 6,207 CISCO SYS INC COM 17275R102 5,380 223,319 SH SOLE 223,319 CITIGROUP INC COM 172967101 3,942 184,031 SH SOLE 184,031 CITIZENS COMMUNICATIONS CL B 17453B101 127 12,100 SH SOLE 12,100 CITRIX SYS INC COM 177376100 205 6,987 SH SOLE 6,987 CLEAR CHANNEL COMMS COM 184502102 540 18,470 SH SOLE 18,470 CLEARWIRE CORP CL A 185385309 49,367 3,333,333 SH DEFINED 1 3,333,333 CLEARWIRE CORP CL A 185385309 346,963 23,427,601 SH DEFINED 2 23,427,601 CLOROX CO COM 189054109 283 4,994 SH SOLE 4,994 CME GROUP INC COM 12572Q105 899 1,917 SH SOLE 1,917 COACH INC COM 189754104 406 13,465 SH SOLE 13,465 COCA COLA CO COM 191216100 4,462 73,307 SH SOLE 73,307 COCA COLA ENTERPRISES INC COM 191219104 252 10,400 SH SOLE 10,400 COGNIZANT TECH SOLUTIONS CL A 192446102 315 10,938 SH SOLE 10,938 COLGATE PALMOLIVE CO COM 194162103 1,472 18,900 SH SOLE 18,900 COMCAST CORP CL A 20030N101 2,193 113,398 SH SOLE 113,398 COMPUTER SCIENCES CORP COM 205363104 256 6,279 SH SOLE 6,279 COMPUWARE CORP COM 205638109 78 10,600 SH SOLE 10,600 CONAGRA FOODS INC COM 205887102 429 17,900 SH SOLE 17,900 CONOCOPHILLIPS COM 20825C104 4,475 58,725 SH SOLE 58,725 CONSOL ENERGY INC COM 20854P109 455 6,580 SH SOLE 6,580 CONSOLIDATED EDISON INC COM 209115104 388 9,779 SH SOLE 9,779 CONSTELLATION ENGY GRP COM 210371100 575 6,514 SH SOLE 6,514 COOPER INDUSTRIES LTD CL A G24182100 266 6,629 SH SOLE 6,629 CORNING INC COM 219350105 1,401 58,269 SH SOLE 58,269 COSTCO WHSL CORP COM 22160K105 1,027 15,805 SH SOLE 15,805 COUNTRYWIDE FINCL CORP COM 222372104 117 21,298 SH SOLE 21,298 COVENTRY HEALTH CARE INC COM 222862104 228 5,641 SH SOLE 5,641 COVIDIEN LIMITED COM G2552X108 816 18,443 SH SOLE 18,443 CSX CORP COM 126408103 860 15,344 SH SOLE 15,344 CUMMINS INC COM 231021106 352 7,510 SH SOLE 7,510 CVS CAREMARK CORP COM 126650100 2,206 54,446 SH SOLE 54,446 D R HORTON INC COM 23331A109 163 10,362 SH SOLE 10,362 DANAHER CORP COM 235851102 715 9,398 SH SOLE 9,398 DEERE & CO COM 244199105 1,329 16,516 SH SOLE 16,516 DELL INC COM 24702R101 1,643 82,482 SH SOLE 82,482 DEVON ENERGY CORP COM 25179M103 1,731 16,596 SH SOLE 16,596 DIRECTTV GROUP INC COM 25459L106 655 26,413 SH SOLE 26,413 DISCOVER FINL SVCS COM 254709108 290 17,723 SH SOLE 17,723 DISNEY WALT CO COM 254687106 2,198 70,048 SH SOLE 70,048 DOMINION RES INC VA COM 25746U109 878 21,506 SH SOLE 21,506 DONNELLEY R R & SONS CO COM 257867101 243 8,016 SH SOLE 8,016 DOVER CORP COM 260003108 308 7,383 SH SOLE 7,383 DOW CHEM CO COM 260543103 1,286 34,893 SH SOLE 34,893 DTE ENERGY CO COM 233331107 237 6,100 SH SOLE 6,100 DU PONT E I DE NEMOURS COM 263534109 1,550 33,150 SH SOLE 33,150 DUKE ENERGY CORP COM 26441C105 830 46,481 SH SOLE 46,481 DYNEGY INC CL A 26817G102 145 18,385 SH SOLE 18,385 E TRADE FINANCIAL CORP COM 269246104 59 15,400 SH SOLE 15,400 EASTMAN KODAK CO COM 277461109 183 10,358 SH SOLE 10,358 EATON CORP COM 278058102 419 5,258 SH SOLE 5,258 EBAY INC COM 278642103 1,244 41,675 SH SOLE 41,675 ECOLAB INC COM 278865100 274 6,300 SH SOLE 6,300 EDISON INTL COM 281020107 598 12,200 SH SOLE 12,200 EL PASO CORP COM 28336L109 426 25,614 SH SOLE 25,614 ELECTRONIC ARTS COM 285512109 585 11,725 SH SOLE 11,725 ELECTRONIC DATA SYS CORP COM 285661104 315 18,900 SH SOLE 18,900 EMBARQ CORP COM 29078E105 221 5,506 SH SOLE 5,506 EMC CORP MASS COM 268648102 1,107 77,191 SH SOLE 77,191 EMCORE CORP COM 290846104 4,163 722,688 SH SOLE 722,688 EMCORE CORP COM 290846104 453 29,611 SH DEFINED 1 29,611 EMERSON ELEC CO COM 291011104 1,497 29,084 SH SOLE 29,084 ENSCO INTL INC COM 26874Q100 334 5,341 SH SOLE 5,341 ENTERGY CORP COM 29364G103 770 7,062 SH SOLE 7,062 Entropic Communications COM 29384R105 3,938 984,636 SH DEFINED 1 984,636 EOG RES INC COM 26875P101 1,060 8,835 SH SOLE 8,835 EQUITY RESIDENTIAL SH SH BEN INT29476L107 415 10,002 SH SOLE 10,002 EXELON CORP COM 30161N101 1,977 24,331 SH SOLE 24,331 EXPEDITORS INTL WASH INC COM 302130109 361 8,000 SH SOLE 8,000 EXPRESS SCRIPTS INC COM 302182100 599 9,306 SH SOLE 9,306 EXXON MOBIL CORP COM 30231G102 17,014 201,164 SH SOLE 201,164 FANNIE MAE COM 313586109 951 36,132 SH SOLE 36,132 FEDEX CORP COM 31428X106 1,033 11,143 SH SOLE 11,143 FIDELITY NATL INFO SVCS COM 31620M106 233 6,100 SH SOLE 6,100 FIFTH THIRD BANCORP COM 316773100 415 19,833 SH SOLE 19,833 FIRSTENERGY CORP COM 337932107 755 11,001 SH SOLE 11,001 FISERV INC COM 337738108 290 6,022 SH SOLE 6,022 FLUOR CORP COM 343412102 450 3,187 SH SOLE 3,187 FORD MTR CO PAR $0.01 345370860 445 77,774 SH SOLE 77,774 FOREST LABS INC CL A 345838106 457 11,410 SH SOLE 11,410 FORTUNE BRANDS INC COM 349631101 384 5,528 SH SOLE 5,528 FPL GROUP INC COM 302571104 953 15,182 SH SOLE 15,182 FRANKLIN RES INC COM 354613101 568 5,858 SH SOLE 5,858 FREDDIE MAC CORP COM 313400301 619 24,463 SH SOLE 24,463 FREEPORT MCMORAN COPR/GLD COM 35671D857 1,374 14,277 SH SOLE 14,277 GAMESTOP CORP CL A 36467W109 310 6,000 SH SOLE 6,000 GANNETT INC COM 364730101 244 8,405 SH SOLE 8,405 GAP INC COM 364760108 342 17,361 SH SOLE 17,361 GENERAL DYNAMICS CORP COM 369550108 1,221 14,642 SH SOLE 14,642 GENERAL ELEC CO COM 369604103 13,778 372,283 SH SOLE 372,283 GENERAL GROWTH PPTYS INC COM 370021107 338 8,863 SH SOLE 8,863 GENERAL MLS INC COM 370334104 743 12,416 SH SOLE 12,416 GENERAL MTRS CORP COM 370442105 399 20,922 SH SOLE 20,922 GENUINE PARTS CO COM 372460105 247 6,133 SH SOLE 6,133 GENWORTH FINL INC COM 37247D106 362 16,000 SH SOLE 16,000 GENZYME CORP COM 372917104 747 10,017 SH SOLE 10,017 GILEAD SCIENCES INC COM 375558103 1,774 34,432 SH SOLE 34,432 GOLDMAN SACHS GROUP INC COM 38141G104 2,421 14,640 SH SOLE 14,640 GOODRICH CORP COM 382388106 260 4,520 SH SOLE 4,520 GOODYEAR TIRE & RUBR CO COM 382550101 222 8,615 SH SOLE 8,615 GOOGLE INC CL A 38259P508 3,672 8,336 SH SOLE 8,336 HALLIBURTON CO COM 406216101 1,283 32,626 SH SOLE 32,626 HARLEY DAVIDSON INC COM 412822108 340 9,066 SH SOLE 9,066 HARTFORD FINL SVCS GROUP COM 416515104 869 11,465 SH SOLE 11,465 HEINZ H J CO COM 423074103 540 11,500 SH SOLE 11,500 HERSHEY COMPANY COM 427866108 234 6,200 SH SOLE 6,200 HESS CORP COM 42809H107 880 9,984 SH SOLE 9,984 HEWLETT PACKARD CO COM 428236103 4,340 95,042 SH SOLE 95,042 HOME DEPOT INC COM 437076102 1,732 61,940 SH SOLE 61,940 HONEYWELL INTL INC COM 438516106 1,552 27,509 SH SOLE 27,509 HOSPIRA INC COM 441060100 238 5,554 SH SOLE 5,554 HOST HOTELS & RESORTS COM 44107P104 308 19,349 SH SOLE 19,349 HUDSON CITY BANCORP INC COM 443683107 339 19,194 SH SOLE 19,194 HUMANA INC COM 444859102 273 6,083 SH SOLE 6,083 HUNTINGTON BANCSHARES COM 446150104 147 13,706 SH SOLE 13,706 IBM CORP COM 459200101 5,826 50,597 SH SOLE 50,597 ILLINOIS TOOL WKS INC COM 452308109 730 15,141 SH SOLE 15,141 INGERSOLL-RAND COMPANY COM G4776G101 439 9,845 SH SOLE 9,845 Intellon Corporation COM 45816W504 1,620 334,124 SH DEFINED 1 334,124 Intellon Corporation COM 45816W504 111 22,871 SH DEFINED 2 22,871 INTERCONTINENTAL EXCHANGE COM 45865V100 326 2,501 SH SOLE 2,501 INTERNATIONAL GAME TECH COM 459902102 466 11,600 SH SOLE 11,600 INTERNATIONAL PAPER CO COM 460146103 435 16,005 SH SOLE 16,005 INTERPUBLIC GROUP COS COM 460690100 146 17,344 SH SOLE 17,344 INTUIT COM 461202103 330 12,200 SH SOLE 12,200 ITT CORP COM 450911102 339 6,535 SH SOLE 6,535 JACOBS ENGR GROUP INC COM 469814107 331 4,500 SH SOLE 4,500 JC PENNEY CO INC COM 708160106 303 8,028 SH SOLE 8,028 JOHNSON & JOHNSON COM 478160104 6,841 105,462 SH SOLE 105,462 JOHNSON CTLS INC COM 478366107 742 21,938 SH SOLE 21,938 JPMORGAN CHASE & CO COM 46625H100 5,310 123,624 SH SOLE 123,624 JUNIPER NETWORKS INC COM 48203R104 476 19,054 SH SOLE 19,054 KELLOGG CO COM 487836108 503 9,575 SH SOLE 9,575 KEYCORP COM 493267108 318 14,484 SH SOLE 14,484 KIMBERLY CLARK CORP COM 494368103 991 15,360 SH SOLE 15,360 KIMCO RLTY CORP COM 49446R109 357 9,103 SH SOLE 9,103 KLA TENCOR CORP COM 482480100 256 6,900 SH SOLE 6,900 KOHLS CORP COM 500255104 492 11,469 SH SOLE 11,469 KRAFT FOODS INC CL A 50075N104 1,765 56,903 SH SOLE 56,903 KROGER CO COM 501044101 636 25,034 SH SOLE 25,034 L-3 COMMUNICATIONS HLDGS COM 502424104 497 4,549 SH SOLE 4,549 LABORATORY CORP AM HLDGS COM NEW 50540R409 317 4,300 SH SOLE 4,300 LEGG MASON INC COM 524901105 268 4,792 SH SOLE 4,792 LEHMAN BROS HLDGS INC COM 524908100 740 19,656 SH SOLE 19,656 LEUCADIA NATL CORP COM 527288104 291 6,442 SH SOLE 6,442 LILLY ELI & CO COM 532457108 1,863 36,114 SH SOLE 36,114 LIMITED BRANDS INC COM 532716107 197 11,507 SH SOLE 11,507 LINCOLN NATL CORP IND COM 534187109 510 9,800 SH SOLE 9,800 LINEAR TECHNOLOGY CORP COM 535678106 246 8,012 SH SOLE 8,012 LOCKHEED MARTIN CORP COM 539830109 1,244 12,531 SH SOLE 12,531 LOEWS CORP COM 540424108 645 16,045 SH SOLE 16,045 LOWES COS INC COM 548661107 1,236 53,862 SH SOLE 53,862 LSI CORP COM 502161102 128 25,843 SH SOLE 25,843 M & T BK CORP COM 55261F104 217 2,700 SH SOLE 2,700 MACYS INC COM 55616P104 372 16,146 SH SOLE 16,146 MANITOWOC INC COM 563571108 204 5,000 SH SOLE 5,000 MARATHON OIL CORP COM 565849106 1,189 26,081 SH SOLE 26,081 MARRIOTT INTL INC CL A 571903202 396 11,533 SH SOLE 11,533 MARSH & MCLENNAN COS INC COM 571748102 464 19,061 SH SOLE 19,061 MARSHALL & ILSLEY CORP COM 571837103 223 9,618 SH SOLE 9,618 MASCO CORP COM 574599106 273 13,750 SH SOLE 13,750 MATTEL INC COM 577081102 270 13,575 SH SOLE 13,575 MCDONALDS CORP COM 580135101 2,427 43,511 SH SOLE 43,511 MCGRAW HILL COS INC COM 580645109 452 12,231 SH SOLE 12,231 MCKESSON CORP COM 58155Q103 559 10,683 SH SOLE 10,683 MEDCO HEALTH SOLUTIONS COM 58405U102 856 19,544 SH SOLE 19,544 MEDTRONIC INC COM 585055106 2,004 41,430 SH SOLE 41,430 MEMC ELECTRONICS MATRLS COM 552715104 611 8,623 SH SOLE 8,623 MERCK & CO INC COM 589331107 3,038 80,045 SH SOLE 80,045 MERRILL LYNCH & CO INC COM 590188108 1,288 31,606 SH SOLE 31,606 METLIFE INC COM 59156R108 1,646 27,310 SH SOLE 27,310 MICROCHIP TECHNOLOGY INC COM 595017104 257 7,847 SH SOLE 7,847 MICRON TECHNOLOGY INC COM 595112103 168 28,200 SH SOLE 28,200 MICROSOFT CORP COM 594918104 8,400 295,990 SH SOLE 295,990 MOLSON COORS BREWING CL B 60871R209 259 4,920 SH SOLE 4,920 MONSANTO CO COM 61166W101 2,251 20,186 SH SOLE 20,186 MOODYS CORP COM 615369105 278 7,995 SH SOLE 7,995 MORGAN STANLEY COM 617446448 1,782 38,986 SH SOLE 38,986 MOTOROLA INC COM 620076109 782 84,034 SH SOLE 84,034 MURPHY OIL CORP COM 626717102 559 6,800 SH SOLE 6,800 MYLAN INC COM 628530107 126 10,900 SH SOLE 10,900 NABORS INDUSTRIES LTD SHS COM G6359F103 355 10,500 SH SOLE 10,500 NATIONAL CITY CORP COM 635405103 232 23,355 SH SOLE 23,355 NATIONAL OILWELL VARCO COM 637071101 780 13,356 SH SOLE 13,356 NETAPP INC COM 64110D104 259 12,900 SH SOLE 12,900 NEWELL RUBBERMAID INC COM 651229106 238 10,424 SH SOLE 10,424 NEWMONT MINING CORP HLDG COM 651639106 761 16,796 SH SOLE 16,796 NEWS CORPORATION CL A 65248E104 1,595 85,048 SH SOLE 85,048 NIKE INC CL B 654106103 949 13,953 SH SOLE 13,953 NOBLE CORP COM G65422100 481 9,690 SH SOLE 9,690 NOBLE ENERGY INC COM 655044105 473 6,500 SH SOLE 6,500 NORDSTROM INC WASH COM 655664100 233 7,139 SH SOLE 7,139 NORFOLK SOUTHN CORP COM 655844108 769 14,150 SH SOLE 14,150 NORTHERN TR CORP COM 665859104 459 6,911 SH SOLE 6,911 NORTHROP GRUMMAN CORP COM 666807102 965 12,403 SH SOLE 12,403 NOVELL INC COM 670006105 82 13,094 SH SOLE 13,094 NUCOR CORP COM 670346105 704 10,390 SH SOLE 10,390 NVIDIA CORP COM 67066G104 402 20,307 SH SOLE 20,307 NYSE EURONEXT COM 629491101 617 10,000 SH SOLE 10,000 OCCIDENTAL PETE CORP COM 674599105 2,230 30,481 SH SOLE 30,481 OMNICOM GROUP INC COM 681919106 523 11,848 SH SOLE 11,848 ORACLE CORPORATION COM 68389X105 2,838 145,087 SH SOLE 145,087 PACCAR INC COM 693718108 606 13,458 SH SOLE 13,458 PARKER HANNIFIN CORP COM 701094104 431 6,225 SH SOLE 6,225 PAYCHEX INC COM 704326107 417 12,175 SH SOLE 12,175 PEABODY ENERGY CORP COM 704549104 489 9,582 SH SOLE 9,582 PEPSICO INC COM 713448108 4,282 59,313 SH SOLE 59,313 PFIZER INC COM 717081103 5,264 251,498 SH SOLE 251,498 PG&E CORP COM 69331C108 488 13,253 SH SOLE 13,253 PHILIP MORRIS INTL INC COM 718172109 3,919 77,477 SH SOLE 77,477 PITNEY BOWES INC COM 724479100 278 7,935 SH SOLE 7,935 PLUM CREEK TIMBER CO COM 729251108 258 6,350 SH SOLE 6,350 PNC FINANCIAL SVCS GRP COM 693475105 842 12,843 SH SOLE 12,843 PPG INDS INC COM 693506107 358 5,921 SH SOLE 5,921 PPL CORP COM 69351T106 634 13,800 SH SOLE 13,800 PRAXAIR INC COM 74005P104 972 11,544 SH SOLE 11,544 PRECISION CASTPARTS CORP COM 740189105 508 4,975 SH SOLE 4,975 PRICE T ROWE GROUP INC COM 74144T108 475 9,500 SH SOLE 9,500 PRINCIPAL FINANCIAL GRP COM 74251V102 535 9,600 SH SOLE 9,600 PROCTER & GAMBLE CO COM 742718109 7,997 114,127 SH SOLE 114,127 PROGRESS ENERGY INC COM 743263105 406 9,744 SH SOLE 9,744 PROGRESSIVE CORP OHIO COM 743315103 412 25,633 SH SOLE 25,633 PROLOGIS INT COM 743410102 571 9,700 SH SOLE 9,700 PRUDENTIAL FINL INC COM 744320102 1,296 16,565 SH SOLE 16,565 PUBLIC STORAGE COM 74460D109 399 4,500 SH SOLE 4,500 PUBLIC SVC ENTPRSE GRP COM 744573106 738 18,354 SH SOLE 18,354 QUALCOMM INC COM 747525103 2,477 60,423 SH SOLE 60,423 QUEST DIAGNOSTICS INC COM 74834L100 254 5,600 SH SOLE 5,600 QUESTAR CORP COM 748356102 352 6,230 SH SOLE 6,230 QWEST COMMS INTL COM 749121109 261 57,660 SH SOLE 57,660 RANGE RES CORP COM 75281A109 349 5,500 SH SOLE 5,500 RAYTHEON CO COM 755111507 1,020 15,783 SH SOLE 15,783 REGIONS FINL CORP NEW COM 7591EP100 502 25,405 SH SOLE 25,405 REYNOLDS AMERN INC COM 761713106 365 6,175 SH SOLE 6,175 ROCKWELL AUTOMATION INC COM 773903109 316 5,506 SH SOLE 5,506 ROCKWELL COLLINS INC COM 774341101 344 6,015 SH SOLE 6,015 ROHM & HAAS CO COM 775371107 243 4,492 SH SOLE 4,492 SAFEWAY INC COM 786514208 480 16,347 SH SOLE 16,347 SARA LEE CORP COM 803111103 373 26,650 SH SOLE 26,650 SCHERING PLOUGH CORP COM 806605101 857 59,444 SH SOLE 59,444 SCHLUMBERGER LTD COM 806857108 3,830 44,021 SH SOLE 44,021 SCHWAB CHARLES CORP COM 808513105 653 34,705 SH SOLE 34,705 SEARS HLDGS CORP COM 812350106 279 2,732 SH SOLE 2,732 SEMPRA ENERGY COM 816851109 508 9,529 SH SOLE 9,529 SHERWIN WILLIAMS CO COM 824348106 200 3,919 SH SOLE 3,919 SIGMA ALDRICH CORP COM 826552101 283 4,739 SH SOLE 4,739 SIMON PPTY GROUP INC COM 828806109 749 8,062 SH SOLE 8,062 SLM CORP COM 78442P106 236 15,391 SH SOLE 15,391 SMITH INTL INC COM 832110100 465 7,237 SH SOLE 7,237 SOUTHERN CO COM 842587107 990 27,799 SH SOLE 27,799 SOUTHWEST AIRLS CO COM 844741108 334 26,971 SH SOLE 26,971 SOVEREIGN BANCORP INC COM 845905108 125 13,415 SH SOLE 13,415 SPECTRA ENERGY CORP COM 847560109 530 23,313 SH SOLE 23,313 SPRINT NEXTEL CORP COM SER 1 852061100 701 104,734 SH SOLE 104,734 ST JUDE MED INC COM 790849103 553 12,803 SH SOLE 12,803 STAPLES INC COM 855030102 579 26,175 SH SOLE 26,175 STARBUCKS CORP COM 855244109 471 26,900 SH SOLE 26,900 STARWOOD HOTELS&RESORTS COM 85590A401 392 7,573 SH SOLE 7,573 STATE STREET CORP COM 857477103 1,111 14,058 SH SOLE 14,058 STRYKER CORP COM 863667101 557 8,563 SH SOLE 8,563 SUN MICROSYSTEMS INC COM 866810203 472 30,417 SH SOLE 30,417 SUNOCO INC COM 86764P109 228 4,344 SH SOLE 4,344 SUNTRUST BKS INC COM 867914103 722 13,097 SH SOLE 13,097 SUPERVALU INC COM 868536103 227 7,582 SH SOLE 7,582 SYMANTEC CORP COM 871503108 531 31,960 SH SOLE 31,960 SYNOVUS FINL CORP COM 87161C105 135 12,250 SH SOLE 12,250 SYSCO CORP COM 871829107 656 22,600 SH SOLE 22,600 TARGET CORP COM 87612E106 1,548 30,554 SH SOLE 30,554 TELLABS INC COM 879664100 87 16,000 SH SOLE 16,000 TENET HEALTHCARE CORP COM 88033G100 98 17,374 SH SOLE 17,374 TEREX CORP COM 880779103 230 3,678 SH SOLE 3,678 TEXAS INSTRS INC COM 882508104 1,459 51,600 SH SOLE 51,600 TEXTRON INC COM 883203101 499 9,012 SH SOLE 9,012 THERMO FISHER SCIENTIFIC COM 883556102 875 15,395 SH SOLE 15,395 TIFFANY & CO COM 886547108 205 4,900 SH SOLE 4,900 TIME WARNER INC COM 887317105 1,866 133,090 SH SOLE 133,090 TJX COS INC COM 872540109 526 15,900 SH SOLE 15,900 TORCHMARK CORP COM 891027104 208 3,454 SH SOLE 3,454 TRANE INC COM 892893108 301 6,550 SH SOLE 6,550 TRANSOCEAN INC NEW SHS COM G90073100 1,596 11,803 SH SOLE 11,803 TRAVELERS COS INC COM 89417E109 1,134 23,694 SH SOLE 23,694 TYCO ELECTRONICS LTD COM G9144P105 633 18,444 SH SOLE 18,444 TYCO INTL LTD BERMUDA COM G9143X208 812 18,442 SH SOLE 18,442 UNION PAC CORP COM 907818108 1,205 9,614 SH SOLE 9,614 UNISYS CORP COM 909214108 57 12,900 SH SOLE 12,900 UNITED PARCEL SVC INC CL B 911312106 2,840 38,887 SH SOLE 38,887 UNITED STATES STEEL CORP COM NEW 912909108 541 4,266 SH SOLE 4,266 UNITED TECHNOLOGIES CORP COM 913017109 2,498 36,293 SH SOLE 36,293 UNITEDHEALTH GROUP INC COM 91324P102 1,643 47,815 SH SOLE 47,815 UNUM GROUP COM 91529Y106 298 13,521 SH SOLE 13,521 US BANCORP DEL COM 902973304 2,065 63,807 SH SOLE 63,807 UST INC COM 902911106 309 5,674 SH SOLE 5,674 V F CORP COM 918204108 249 3,207 SH SOLE 3,207 VALERO ENERGY CORP COM 91913Y100 1,006 20,487 SH SOLE 20,487 VARIAN MED SYS INC COM 92220P105 214 4,562 SH SOLE 4,562 VERISIGN INC COM 92343E102 276 8,300 SH SOLE 8,300 VERIZON COMMUNICATIONS COM 92343V104 3,873 106,252 SH SOLE 106,252 VIACOM INC CL B 92553P201 959 24,213 SH SOLE 24,213 VMWARE INC CL A COM 928563402 406,790 9,500,000 SH DEFINED 2 9,500,000 VORNADO RLTY TR COM 929042109 416 4,828 SH SOLE 4,828 VULCAN MATLS CO COM 929160109 266 4,000 SH SOLE 4,000 WACHOVIA CORP COM 929903102 1,962 72,679 SH SOLE 72,679 WAL MART STORES INC COM 931142103 4,590 87,125 SH SOLE 87,125 WALGREEN CO COM 931422109 1,388 36,450 SH SOLE 36,450 WASHINGTON MUTUAL INC COM 939322103 331 32,105 SH SOLE 32,105 WASTE MGMT INC DEL COM 94106L109 629 18,735 SH SOLE 18,735 WATERS CORP COM 941848103 201 3,600 SH SOLE 3,600 WEATHERFORD INTL LTD BERMUDA G95089101 918 12,662 SH SOLE 12,662 WELLPOINT INC COM 94973V107 918 20,792 SH SOLE 20,792 WELLS FARGO & CO COM 949746101 3,612 124,129 SH SOLE 124,129 WESTERN UN CO COM 959802109 590 27,729 SH SOLE 27,729 WEYERHAEUSER CO COM 962166104 507 7,790 SH SOLE 7,790 WHIRLPOOL CORP COM 963320106 244 2,815 SH SOLE 2,815 WILLIAMS COS INC COM 969457100 714 21,662 SH SOLE 21,662 WINDSTREAM CORP COM 97381W104 212 17,754 SH SOLE 17,754 WRIGLEY WM JR CO COM 982526105 493 7,840 SH SOLE 7,840 WYETH COM 983024100 2,068 49,528 SH SOLE 49,528 XCEL ENERGY INC COM 98389B100 312 15,653 SH SOLE 15,653 XEROX CORP COM 984121103 509 34,000 SH SOLE 34,000 XILINX INC COM 983919101 254 10,679 SH SOLE 10,679 XTO ENERGY INC COM 98385X106 1,108 17,905 SH SOLE 17,905 YAHOO INC COM 984332106 1,421 49,119 SH SOLE 49,119 YUM BRANDS INC COM 988498101 698 18,765 SH SOLE 18,765 ZIMMER HLDGS INC COM 98956P102 661 8,489 SH SOLE 8,489