-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, DBVWLOolW6E5PZZBdvUp4jhKR2/EeMI4yp7D7/ArGhJBpjvtiVXBf0IXV4NE5+wJ tXJ6pPNMgX76VzaddWKZyw== 0000825204-08-000003.txt : 20080709 0000825204-08-000003.hdr.sgml : 20080709 20080709153442 ACCESSION NUMBER: 0000825204-08-000003 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080630 FILED AS OF DATE: 20080709 DATE AS OF CHANGE: 20080709 EFFECTIVENESS DATE: 20080709 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CAPSTONE ASSET MANAGEMENT CO CENTRAL INDEX KEY: 0000825204 IRS NUMBER: 760022831 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-02180 FILM NUMBER: 08944902 BUSINESS ADDRESS: STREET 1: 5847 SAN FELIPE STREET 2: SUITE 4100 CITY: HOUSTON STATE: TX ZIP: 77057 BUSINESS PHONE: 7132609000 MAIL ADDRESS: STREET 1: 5847 SAN FELIPE STREET 2: SUITE 4100 CITY: HOUSTON STATE: TX ZIP: 77044 13F-HR 1 sec13f2ndqtr2008.txt 13F REPORT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended:June 30, 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: Name: Capstone Asset Management Company Address: 5847 San Felipe, Suite 4100 Houston, Texas 77057 Form 13F File Number: 28-2180 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. Person Signing this Report on Behalf of Reporting Manager: Name: Richard A. Nunn Title: Sr. Vice President, Cheif Compliance Officer Phone: (713) 260-9000 Signature, Place, and Date of Signing: /s/ Richard A. Nunn Houston, Texas July 09, 2008 [Signature] [City, State] [Date] 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 reporting manager(s).) List of Other Managers Reporting for this Manager: NONE CAPSTONE ASSET MANAGEMENT COMPANY CAPSTONE ASSET MANAGEMENT COMPANY FORM 13F SUMMARY PAGE AS OF DATE: 06/30/08 RUN DATE: 07/07/08 2:42 P.M. REPORT SUMMARY: NUMBER OF OTHER INCLUDED MANAGERS: 0 FORM 13F INFORMATION TABLE ENTRY TOTAL: 1,332 FORM 13F INFORMATION TABLE VALUE TOTAL: $2,068,159,000 LIST OF OTHER INCLUDED MANAGERS: NO. 13F FILE NUMBER NAME
PORTVUE-SEC13F.LNP CAPSTONE ASSET MANAGEMENT COMPANY PAGE 1 FORM 13F INFORMATION TABLE AS OF DATE: 06/30/08 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 3 COM CORP COM 885535104 30 13930 SH SOLE 12320 1610 0 3M COMPANY COM 88579Y101 6830 98152 SH SOLE 5094 93058 0 A A R CORP COM 000361105 212 15640 SH SOLE 3250 12390 0 A B M INDS INC COM 000957100 322 14470 SH SOLE 4530 9940 0 A C E LTD COM G0070K103 1967 35710 SH SOLE 4530 31180 0 A E S CORP COM 00130H105 1623 84470 SH SOLE 18410 66060 0 A G L RESOURCES INC COM 001204106 1502 43440 SH SOLE 4440 39000 0 A M B PPTY CORP COM 00163T109 293 5820 SH SOLE 3910 1910 0 A T M I INC COM 00207R101 289 10360 SH SOLE 1450 8910 0 A T & T INC COM 00206R102 21819 647642 SH SOLE 51027 596615 0 AARON RENTS INC CL B COM 002535201 389 17402 SH SOLE 1990 15412 0 ABAXIS INC COM 002567105 235 9740 SH SOLE 2690 7050 0 ABB LTD SPONSORED ADR COM 000375204 2626 92725 SH SOLE 25380 67345 0 ABBOTT LABS COM 002824100 9192 173534 SH SOLE 13480 160054 0 ABERCROMBIE & FITCH CO CL A COM 002896207 828 13210 SH SOLE 4900 8310 0 ACCENTURE LTD SHS CL A COM G1150G111 1841 45213 SH SOLE 0 45213 0 ACTIVISION INC COM 004930202 593 17416 SH SOLE 10730 6686 0 ACUITY BRANDS INC COM 00508Y102 538 11180 SH SOLE 1740 9440 0 ADAPTEC INC COM 00651F108 99 30970 SH SOLE 3850 27120 0 ADOBE SYSTEM INC COM 00724F101 6439 163463 SH SOLE 11184 152279 0 ADVANCED AUTO PTS INC COM 00751Y106 316 8135 SH SOLE 5590 2545 0 ADVANCED MICRO DEVICES INC COM 007903107 318 54528 SH SOLE 5510 49018 0 AEGON NV ORD AMER REG COM 007924103 1170 89272 SH SOLE 14900 74372 0 AEROPOSTALE COM 007865108 250 7965 SH SOLE 7500 465 0 AETNA U S HEALTHCARE INC COM 00817Y108 2119 52288 SH SOLE 4790 47498 0 AFFILIATED COMPUTER SERVICES I COM 008190100 590 11030 SH SOLE 1000 10030 0 AFFILIATED MANAGERS GROUP INCO COM 008252108 287 3190 SH SOLE 2200 990 0 AFLAC INC COM 001055102 3499 55722 SH SOLE 4230 51492 0 AGCO CORP COM 001084102 297 5660 SH SOLE 3460 2200 0 AGILENT TECHNOLOGIES INC COM 00846U101 1462 41124 SH SOLE 3460 37664 0 AGNICO EAGLE MINES LTD COM 008474108 540 7260 SH SOLE 1740 5520 0 AGRIUM INC COM 008916108 681 6328 SH SOLE 1780 4548 0 AIR PRODUCTS & CHEMICALS INC COM 009158106 3332 33703 SH SOLE 1380 32323 0 AIRGAS INC COM 009363102 312 5340 SH SOLE 3200 2140 0 AKAMAI TECHNOLOGIES INC COM 00971T101 831 23880 SH SOLE 8260 15620 0 ALBANY INTL CORP NEW CL A COM 012348108 241 8300 SH SOLE 1290 7010 0 ALBEMARLE CORP COM 012653101 216 5400 SH SOLE 2880 2520 0 ALCATEL ALSTHOM GENERALE ADR S COM 013904305 527 87180 SH SOLE 25500 61680 0 ALCOA INC COM 013817101 4487 125978 SH SOLE 6950 119028 0 ALLEGHENY ENERGY INC COM 017361106 1000 19960 SH SOLE 1650 18310 0 ALLEGHENY TECHNOLOGIES INC COM 01741R102 608 10255 SH SOLE 720 9535 0 ALLERGAN INC COM 018490102 6224 119584 SH SOLE 2890 116694 0 ALLETE INC COM 018522300 365 8700 SH SOLE 2580 6120 0 ALLIANCE DATA SYS CORP COM 018581108 348 6160 SH SOLE 4060 2100 0 ALLIANT ENERGY CORP COM 018802108 286 8360 SH SOLE 5370 2990 0 ALLIANT TECHSYSTEMS INC COM 018804104 270 2660 SH SOLE 2290 370 0 ALLIANZ AKTIENGESELLSCHAFT ADR COM 018805101 3195 183075 SH SOLE 49200 133875 0 ALLIED IRISH BKS P L C ADR SPO COM 019228402 614 19952 SH SOLE 5470 14482 0 ALLIED WASTE INDS INC COM 019589308 517 40980 SH SOLE 15880 25100 0 ALLSCRIPTS HEALTHCARE SOLUT COM 01988P108 212 17110 SH SOLE 1960 15150 0 ALLSTATE CORP COM 020002101 2996 65710 SH SOLE 9250 56460 0 PORTVUE-SEC13F.LNP CAPSTONE ASSET MANAGEMENT COMPANY PAGE 2 RUN DATE: 07/07/08 2:41 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 06/30/08 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ALPHARMA INC CL A COM 020813101 260 11540 SH SOLE 1650 9890 0 ALTERA CORP COM 021441100 768 37080 SH SOLE 3260 33820 0 ALTRIA GROUP INC COM 02209S103 2895 140828 SH SOLE 0 140828 0 ALUMINA LTD ADR SPONSORED COM 022205108 191 10560 SH SOLE 3080 7480 0 AMAZON COM INC COM 023135106 2769 37762 SH SOLE 7480 30282 0 AMBAC FINANCIAL GROUP INC COM 023139108 20 15276 SH SOLE 12450 2826 0 AMCOL INTL CORP COM 02341W103 203 7150 SH SOLE 770 6380 0 AMEDISYS INC COM 023436108 539 10683 SH SOLE 1929 8754 0 AMEREN CORP COM 023608102 1225 29015 SH SOLE 6000 23015 0 AMERICA MOVIL S A DE C V SPONS COM 02364W105 3189 60455 SH SOLE 23370 37085 0 AMERICAN CAPITAL STRATEGIES LT COM 024937104 536 22560 SH SOLE 7860 14700 0 AMERICAN EAGLE OUTFITTERS INC COM 02553E106 205 15050 SH SOLE 10730 4320 0 AMERICAN ELECTRIC POWER COM 025537101 1772 44059 SH SOLE 6840 37219 0 AMERICAN EXPRESS CO COM 025816109 6070 161135 SH SOLE 12200 148935 0 AMERICAN INTL GROUP INC COM 026874107 9202 347759 SH SOLE 19870 327889 0 AMERICAN MED SYS HLDGS INC COM 02744M108 418 27940 SH SOLE 4590 23350 0 AMERICAN TOWER CORP CL A COM 029912201 1814 42930 SH SOLE 3870 39060 0 AMERICREDIT CORP COM 03060R101 116 13450 SH SOLE 11370 2080 0 AMERIGROUP CORP COM 03073T102 324 15590 SH SOLE 2100 13490 0 AMERIPRISE FINANCIAL INC COM 03076C106 920 22622 SH SOLE 1896 20726 0 AMERISOURCEBERGEN CORP COM 03073E105 1184 29610 SH SOLE 9110 20500 0 AMETEK INC COM 031100100 338 7167 SH SOLE 3990 3177 0 AMGEN INC COM 031162100 5184 109923 SH SOLE 15230 94693 0 AMN HEALTHCARE SERVICES INC COM 001744101 258 15240 SH SOLE 5430 9810 0 AMPHENOL CORP NEW CL A COM 032095101 573 12760 SH SOLE 8240 4520 0 AMSURG INC COM 03232P405 312 12810 SH SOLE 2980 9830 0 ANADARKO PETROLEUM CORP COM 032511107 3348 44734 SH SOLE 3810 40924 0 ANALOG DEVICES INC COM 032654105 2319 72997 SH SOLE 3050 69947 0 ANALOGIC CORP COM 032657207 307 4870 SH SOLE 630 4240 0 ANDERSONS INC COM 034164103 231 5670 SH SOLE 760 4910 0 ANGLO AMERN PLC ADR NEW COM 03485P201 4412 124471 SH SOLE 29326 95145 0 ANHEUSER BUSCH COMPANIES INC COM 035229103 4492 72312 SH SOLE 0 72312 0 ANIXTER INTL INC COM 035290105 568 9550 SH SOLE 1350 8200 0 ANSOFT CORP COM 036384105 346 9510 SH SOLE 4260 5250 0 ANSYS INC COM 03662Q105 1497 31770 SH SOLE 4430 27340 0 AON CORP COM 037389103 1434 31220 SH SOLE 2900 28320 0 APACHE CORP COM 037411105 6616 47599 SH SOLE 5540 42059 0 APARTMENT INVT & MGMT CO COM 03748R101 529 15533 SH SOLE 6101 9432 0 APOLLO GROUP INC CL A COM 037604105 909 20540 SH SOLE 7080 13460 0 APOLLO INVT CORP COM SH BEN IN COM 03761U106 173 12060 SH SOLE 6040 6020 0 APPLE COMPUTER INC COM 037833100 15927 95121 SH SOLE 8616 86505 0 APPLERA CORPORATION APPLIED BI COM 038020103 735 21944 SH SOLE 2490 19454 0 APPLIED INDL TECHNOLOGIES INC COM 03820C105 231 9567 SH SOLE 1310 8257 0 APPLIED MATERIALS INC COM 038222105 2838 148676 SH SOLE 12470 136206 0 AQUILA INC COM 03840P102 69 18250 SH SOLE 16720 1530 0 ARBITRON INC COM 03875Q108 587 12360 SH SOLE 2920 9440 0 ARCH CHEMICALS INC COM 03937R102 219 6620 SH SOLE 980 5640 0 ARCH COAL INC COM 039380100 678 9040 SH SOLE 5360 3680 0 ARCHER DANIELS MIDLAND COM 039483102 2447 72517 SH SOLE 5520 66997 0 ARCTIC CAT INC COM 039670104 92 11750 SH SOLE 9040 2710 0 ARKANSAS BEST CORP DEL COM 040790107 441 12040 SH SOLE 6440 5600 0 PORTVUE-SEC13F.LNP CAPSTONE ASSET MANAGEMENT COMPANY PAGE 3 RUN DATE: 07/07/08 2:41 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 06/30/08 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ARM HLDGS PLC SPONSORED ADR COM 042068106 75 14725 SH SOLE 4970 9755 0 ARQULE INC COM 04269E107 34 10360 SH SOLE 1120 9240 0 ARRIS GROUP INC COM 04269Q100 301 35591 SH SOLE 4269 31322 0 ARROW ELECTRONICS INC COM 042735100 252 8200 SH SOLE 5780 2420 0 ARTHROCARE CORP COM 043136100 362 8860 SH SOLE 1110 7750 0 ARVINMERITOR INC COM 043353101 244 19560 SH SOLE 19160 400 0 ASHLAND INC COM 044209104 538 11156 SH SOLE 5830 5326 0 ASMLD HOLDINGS NV NY REG SHS COM N07059186 431 17653 SH SOLE 4936 12717 0 ASSURANT INC COM 04621X108 728 11040 SH SOLE 1050 9990 0 ASTRAZENECA PLC ADR SPONSORED COM 046353108 2350 55249 SH SOLE 17380 37869 0 ATMEL CORP COM 049513104 61 17410 SH SOLE 13390 4020 0 ATMOS ENERGY CORP COM 049560105 814 29530 SH SOLE 7590 21940 0 ATWOOD OCEANICS COM 050095108 1143 9190 SH SOLE 1050 8140 0 AU OPTRONICS CORP SPONSORED AD COM 002255107 571 36030 SH SOLE 15690 20340 0 AUTODESK INC COM 052769106 1048 30984 SH SOLE 7850 23134 0 AUTOMATIC DATA PROCESSING COM 053015103 3463 82651 SH SOLE 5630 77021 0 AUTONATION INC DEL COM 05329W102 391 39060 SH SOLE 24960 14100 0 AUTOZONE INC COM 053332102 896 7401 SH SOLE 2780 4621 0 AVALONBAY COMMUNITIES INC COM 053484101 686 7695 SH SOLE 110 7585 0 AVERY DENNISON CORP COM 053611109 1957 44543 SH SOLE 2600 41943 0 AVID TECHNOLOGY INC COM 05367P100 192 11316 SH SOLE 1440 9876 0 AVIS BUDGET GROUP INC COM 053774105 131 15622 SH SOLE 13750 1872 0 AVISTA CORP COM 05379B107 349 16280 SH SOLE 4160 12120 0 AVNET INC COM 053807103 247 9040 SH SOLE 5810 3230 0 AVON PRODUCTS INC COM 054303102 2578 71576 SH SOLE 11810 59766 0 AXA ADR SPONSORED COM 054536107 2276 77374 SH SOLE 20660 56714 0 AXCELIS TECHNOLOGIES INC COM 054540109 124 25480 SH SOLE 3090 22390 0 B B & T CORP COM 054937107 3481 152855 SH SOLE 10740 142115 0 B J SERVICES CO COM 055482103 1299 40680 SH SOLE 12880 27800 0 B M C SOFTWARE INC COM 055921100 953 26470 SH SOLE 5270 21200 0 B P AMOCO P L C COM 055622104 10469 150483 SH SOLE 35610 114873 0 BAKER HUGHES INC COM 057224107 3161 36187 SH SOLE 4140 32047 0 BALDOR ELEC CO COM 057741100 487 13910 SH SOLE 2060 11850 0 BALL CORP COM 058498106 903 18924 SH SOLE 8440 10484 0 BANCO BILBAO VIZCAYA ARGENTAAD COM 05946K101 2928 154375 SH SOLE 41700 112675 0 BANCO BRADESCO S A SP ADR PFD COM 059460303 1719 84040 SH SOLE 35660 48380 0 BANCO ITAU HOLDING FIN - ADR COM 059602201 1488 73246 SH SOLE 30913 42334 0 BANCO SANTANDER CENT HISPANIC COM 05964H105 4613 253601 SH SOLE 68770 184831 0 BANK AMER CORP 6.500% 10/15/32 PREFERRED STOCKS 060505401 779 34165 SH SOLE 0 34165 0 BANK AMERICA CORP COM 060505104 10528 441045 SH SOLE 39899 401146 0 BANK MONTREAL QUE COM 063671101 960 23285 SH SOLE 6400 16885 0 BANK MUTUAL CORP COM 063750103 157 15650 SH SOLE 3870 11780 0 BANK NOVA SCOTIA HALIFAX COM 064149107 2030 44295 SH SOLE 11910 32385 0 BANK OF NEW YORK MELLON CORPOR COM 064058100 4769 126070 SH SOLE 9281 116789 0 BANKATLANTIC BANCORP INC CL A COM 065908501 53 30170 SH SOLE 20980 9190 0 BANKRATE INC COM 06646V108 334 8550 SH SOLE 3650 4900 0 BANKUNITED FINL CORP COM 06652B103 19 20170 SH SOLE 13390 6780 0 BARCLAYS PLC ADR COM 06738E204 2958 127758 SH SOLE 18190 109568 0 BARD, C R INC COM 067383109 1348 15330 SH SOLE 2600 12730 0 BARNES GROUP INC COM 067806109 273 11820 SH SOLE 1710 10110 0 BARR LABS INC COM 068306109 350 7770 SH SOLE 0 7770 0 PORTVUE-SEC13F.LNP CAPSTONE ASSET MANAGEMENT COMPANY PAGE 4 RUN DATE: 07/07/08 2:41 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 06/30/08 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- BARRICK GOLD CORP COM 067901108 1701 37375 SH SOLE 9920 27455 0 BASIC ENERGY SVCS INC NEW COM 06985P100 463 14700 SH SOLE 7250 7450 0 BASSETT FURNITURE INDS INC COM 070203104 236 20040 SH SOLE 17210 2830 0 BAXTER INTL INC COM 071813109 4165 65135 SH SOLE 5680 59455 0 BCE INC COM 05534B760 1250 35912 SH SOLE 9755 26157 0 BECKMAN COULTER INC COM 075811109 349 5170 SH SOLE 2500 2670 0 BECTON DICKINSON & CO COM 075887109 2338 28752 SH SOLE 0 28752 0 BED BATH & BEYOND INC COM 075896100 1156 41145 SH SOLE 14050 27095 0 BELDEN CDT INC COM 077454106 404 11915 SH SOLE 1900 10015 0 BEMIS INC COM 081437105 409 18256 SH SOLE 7050 11206 0 BENCHMARK ELECTRS INC COM 08160H101 329 20155 SH SOLE 4200 15955 0 BERKLEY W R CORP COM 084423102 285 11779 SH SOLE 8340 3439 0 BEST BUY INC COM 086516101 1670 42160 SH SOLE 7510 34650 0 BHP BILLITON LTD SPONSORED ADR COM 088606108 5744 67423 SH SOLE 18750 48673 0 BHP BILLITON PLC SPONSORED ADR COM 05545E209 3485 44975 SH SOLE 12340 32635 0 BIG LOTS INC COM 089302103 452 14460 SH SOLE 5580 8880 0 BIOGEN IDEC INC COM 09062X103 2083 37272 SH SOLE 6840 30432 0 BIOMED REALTY TRUST INC COM 09063H107 496 20210 SH SOLE 5350 14860 0 BIOVAIL CORP COM 09067J109 132 13690 SH SOLE 2380 11310 0 BLACK & DECKER CORP COM 091797100 553 9624 SH SOLE 4010 5614 0 BLACKBAUD INC COM 09227Q100 402 18770 SH SOLE 4060 14710 0 BLOCK H & R INC COM 093671105 1092 51049 SH SOLE 18060 32989 0 BLUE COAT SYS INC COM 09534T508 162 11470 SH SOLE 1420 10050 0 BLUE NILE INC COM 09578R103 220 5170 SH SOLE 760 4410 0 BOEING CO COM 097023105 4015 61086 SH SOLE 5508 55578 0 BORG WARNER INC COM 099724106 332 7490 SH SOLE 4460 3030 0 BOSTON PRIVATE FINL HLDGS INC COM 101119105 66 11580 SH SOLE 1400 10180 0 BOSTON PROPERTIES INC COM 101121101 1070 11860 SH SOLE 420 11440 0 BOSTON SCIENTIFIC CORP COM 101137107 1583 128821 SH SOLE 12697 116124 0 BRADY W H CO CL A COM 104674106 601 17400 SH SOLE 2100 15300 0 BRIGGS & STRATTON CORP COM 109043109 202 15950 SH SOLE 4790 11160 0 BRIGHTPOINT INC COM 109473405 162 22212 SH SOLE 5620 16592 0 BRINKS CO COM 109696104 205 3140 SH SOLE 1880 1260 0 BRISTOL MYERS SQUIBB CO COM 110122108 3663 178414 SH SOLE 18920 159494 0 BRISTOW GROUP INC COM 110394103 388 7850 SH SOLE 1050 6800 0 BRITISH AMERN TOB PLC SPONSORE COM 110448107 247 3570 SH SOLE 0 3570 0 BRITISH SKY BROADCASTING GRPAD COM 111013108 413 11039 SH SOLE 0 11039 0 BROADCOM CORP COM 111320107 1329 48715 SH SOLE 3760 44955 0 BROOKFIELD ASSET MGMT INC CL A COM 112585104 720 22137 SH SOLE 5732 16405 0 BROOKLINE BANCORP INC DEL COM 11373M107 167 17470 SH SOLE 4410 13060 0 BROOKS AUTOMATION INC COM 114340102 148 17852 SH SOLE 2150 15702 0 BROWN FORMAN CORP CL B COM 115637209 489 6468 SH SOLE 0 6468 0 BROWN SHOE INC COM 115736100 216 15949 SH SOLE 6145 9804 0 BROWN & BROWN INC COM 115236101 188 10801 SH SOLE 6880 3921 0 BRUNSWICK CORP COM 117043109 280 26402 SH SOLE 19190 7212 0 BRUSH ENGINEERED MATERIALS COM 117421107 219 8980 SH SOLE 2360 6620 0 BT GROUP PLC ADR COM 05577E101 2112 53157 SH SOLE 9480 43677 0 BUILDING MATERIAL HOLDING CORP COM 120113105 57 32020 SH SOLE 25540 6480 0 BURLINGTON NORTHERN SANTA FE COM 12189T104 6991 69987 SH SOLE 1990 67997 0 C E C ENTERTAINMENT INC COM 125137109 359 12810 SH SOLE 3650 9160 0 C H ENERGY GROUP INC COM 12541M102 230 6480 SH SOLE 3040 3440 0 PORTVUE-SEC13F.LNP CAPSTONE ASSET MANAGEMENT COMPANY PAGE 5 RUN DATE: 07/07/08 2:41 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 06/30/08 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- C H ROBINSON WORLDWIDE INC COM 12541W209 1215 22150 SH SOLE 5030 17120 0 C M S ENERGY CORP COM 125896100 447 29995 SH SOLE 9990 20005 0 C S X CORP COM 126408103 2746 43718 SH SOLE 3450 40268 0 C T S CORP COM 126501105 127 12630 SH SOLE 4570 8060 0 C V S CORP COM 126650100 6595 166659 SH SOLE 12145 154514 0 C & D TECHNOLOGIES INC COM 124661109 89 10540 SH SOLE 4700 5840 0 CA INC COM 12673P105 1064 46099 SH SOLE 4790 41309 0 CABELAS INC COM 126804301 128 11660 SH SOLE 2910 8750 0 CABOT MICROELECTRONICS CORP COM 12709P103 268 8090 SH SOLE 1150 6940 0 CABOT OIL & GAS CORP COM 127097103 2624 38740 SH SOLE 5080 33660 0 CACI INTL INC CL A COM 127190304 589 12870 SH SOLE 2800 10070 0 CADBURY PLC SPONS ADR COM 12721E102 1206 23962 SH SOLE 5120 18842 0 CADENCE DESIGNS SYSTEMS INC COM 127387108 147 14590 SH SOLE 9240 5350 0 CAMBREX CORP COM 132011107 64 10840 SH SOLE 7970 2870 0 CAMDEN PPTY TR SH BEN INT COM 133131102 208 4700 SH SOLE 3490 1210 0 CAMECO CORP COM 13321L108 598 13945 SH SOLE 3830 10115 0 CAMERON INTRNATIONAL CORP COM 13342B105 1404 25372 SH SOLE 4620 20752 0 CAMPBELL SOUP CO COM 134429109 1259 37625 SH SOLE 10430 27195 0 CANADIAN NAT RES LTD COM 136385101 2261 22550 SH SOLE 6010 16540 0 CANADIAN NATL RY CO COM 136375102 1060 22050 SH SOLE 5860 16190 0 CANADIAN PAC RY LTD COM 13645T100 523 7915 SH SOLE 2090 5825 0 CANON INC ADR COM 138006309 2670 52142 SH SOLE 14110 38032 0 CAPITAL ONE FINANCIAL CORP COM 14040H105 1496 39370 SH SOLE 4908 34462 0 CARBO CERAMICS INC COM 140781105 542 9285 SH SOLE 2350 6935 0 CARDINAL HEALTH INC COM 14149Y108 2566 49750 SH SOLE 5300 44450 0 CARMAX INC COM 143130102 192 13550 SH SOLE 7970 5580 0 CARNIVAL PAIRED CERTIFICATES COM 143658300 1704 51690 SH SOLE 0 51690 0 CASEYS GENERAL STORES INC COM 147528103 358 15430 SH SOLE 1710 13720 0 CASH AMERICAN INTL INC COM 14754D100 292 9430 SH SOLE 1300 8130 0 CATERPILLAR INC COM 149123101 6967 94376 SH SOLE 8280 86096 0 CATO CORP NEW CL A COM 149205106 187 13125 SH SOLE 6170 6955 0 CB RICHARD ELLIS GROUP INC CL COM 12497T101 768 40020 SH SOLE 23710 16310 0 CBS CORP NEW CL B COM 124857202 1479 75870 SH SOLE 18040 57830 0 CDN IMPERIAL BK OF COMMERCE COM 136069101 2040 37135 SH SOLE 4740 32395 0 CELGENE CORP COM 151020104 3155 49390 SH SOLE 7760 41630 0 CEMEX S A SPONSORED ADR COM 151290889 1088 44056 SH SOLE 18840 25216 0 CENTENE CORP DEL COM 15135B101 225 13380 SH SOLE 1620 11760 0 CENTERPOINT ENERGY INC COM 15189T107 754 46972 SH SOLE 13550 33422 0 CENTEX CORP COM 152312104 306 22898 SH SOLE 13300 9598 0 CENTRAL GARDEN & PET CO CL A N COM 153527205 161 39300 SH SOLE 23440 15860 0 CENTRAL PAC FINL CORP COM 154760102 138 12930 SH SOLE 6330 6600 0 CENTURY ALUM CO COM 156431108 599 9010 SH SOLE 1150 7860 0 CENTURYTEL INC COM 156700106 460 12935 SH SOLE 1390 11545 0 CEPHALON INC COM 156708109 333 4990 SH SOLE 2690 2300 0 CERADYNE INC CALIF COM 156710105 458 13355 SH SOLE 3570 9785 0 CERNER CORP COM 156782104 245 5420 SH SOLE 3540 1880 0 CF INDS HLDGS INC COM 125269100 570 3730 SH SOLE 2460 1270 0 CHAMPION ENTERPRISES INC COM 158496109 114 19500 SH SOLE 2450 17050 0 CHARLES RIV LABORATORIES INT COM 159864107 349 5460 SH SOLE 3180 2280 0 CHARMING SHOPPES INC COM 161133103 140 30550 SH SOLE 26020 4530 0 CHATTEM INC COM 162456107 517 7950 SH SOLE 1550 6400 0 PORTVUE-SEC13F.LNP CAPSTONE ASSET MANAGEMENT COMPANY PAGE 6 RUN DATE: 07/07/08 2:41 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 06/30/08 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- CHECKPOINT SYSTEM INC COM 162825103 250 11990 SH SOLE 1590 10400 0 CHEMED CORPORATION COM 16359R103 227 6190 SH SOLE 1160 5030 0 CHEMTURA CORPORATION COM 163893100 124 21314 SH SOLE 17170 4144 0 CHESAPEAKE CORP COM 165159104 62 26260 SH SOLE 21710 4550 0 CHESAPEAKE ENERGY CORP COM 165167107 3750 56850 SH SOLE 11060 45790 0 CHEVRON CORPORATION COM 166764100 23706 239136 SH SOLE 15869 223267 0 CHICOS F A S INC COM 168615102 103 19220 SH SOLE 17770 1450 0 CHILDRENS PL RETAIL STORES COM 168905107 289 8000 SH SOLE 1110 6890 0 CHINA LIFE INS CO LTD SPON ADR COM 16939P106 1459 27965 SH SOLE 11530 16435 0 CHINA MOBILE HONG KONG LTD ADR COM 16941M109 3715 55485 SH SOLE 22100 33385 0 CHINA PETE & CHEM CORP SPON AD COM 16941R108 253 2720 SH SOLE 2190 530 0 CHINA UNICOM LTD SPONSORED ADR COM 16945R104 187 10100 SH SOLE 8690 1410 0 CHIPOTLE MEXICAN GRILL INC CL COM 169656105 231 2790 SH SOLE 2000 790 0 CHOICEPOINT INC COM 170388102 226 4690 SH SOLE 2670 2020 0 CHRISTOPHER & BANKS CORP COM 171046105 115 16965 SH SOLE 5610 11355 0 CHUBB CORP COM 171232101 2154 43946 SH SOLE 5200 38746 0 CHUNGHWA TELECOM LTD-ADR WI COM 17133Q304 770 30367 SH SOLE 12003 18364 0 CHURCH & DWIGHT CO COM 171340102 297 5278 SH SOLE 3460 1818 0 CIBER INC COM 17163B102 124 19910 SH SOLE 7710 12200 0 CIENA CORPORATION COM 171779309 201 8686 SH SOLE 882 7804 0 CIGNA CORP COM 125509109 1093 30872 SH SOLE 2750 28122 0 CIMAREX ENERGY CO COM 171798101 466 6690 SH SOLE 5210 1480 0 CINCINNATI FINANCIAL CORP COM 172062101 638 25109 SH SOLE 6672 18437 0 CINTAS CORP COM 172908105 395 14890 SH SOLE 1510 13380 0 CISCO SYSTEMS INC COM 17275R102 23896 1027333 SH SOLE 57860 969473 0 CIT GROUP INC COM 125581108 243 35710 SH SOLE 19340 16370 0 CITIGROUP CAP VIII 6.950% 09/1 PREFERRED STOCKS 17306R204 671 33705 SH SOLE 0 33705 0 CITIGROUP INC COM 172967101 8573 511539 SH SOLE 48040 463499 0 CITIZENS COMMUNICATIONS CO COM 17453B101 575 50712 SH SOLE 18141 32571 0 CITRIX SYSTEMS INC COM 177376100 759 25800 SH SOLE 7390 18410 0 CKE RESTAURANTS INC COM 12561E105 216 17360 SH SOLE 3350 14010 0 CLARCOR INC COM 179895107 574 16360 SH SOLE 2010 14350 0 CLEAR CHANNEL COMMUNICATIONS COM 184502102 1836 52150 SH SOLE 5460 46690 0 CLECO CORP COM 12561W105 393 16840 SH SOLE 3290 13550 0 CLEVELAND CLIFFS INC COM 185896107 971 8150 SH SOLE 5840 2310 0 CLOROX CO COM 189054109 1186 22720 SH SOLE 6600 16120 0 CME GROUP INC COM 12572Q105 2349 6131 SH SOLE 886 5245 0 CNOOC LTD SPONSORED ADR COM 126132109 4001 23055 SH SOLE 3560 19495 0 COACH INC COM 189754104 1549 53620 SH SOLE 18150 35470 0 COCA COLA CO COM 191216100 13043 250924 SH SOLE 16720 234204 0 COCA COLA ENTERPRISES INC COM 191219104 597 34535 SH SOLE 3920 30615 0 COGNEX CORP COM 192422103 262 11350 SH SOLE 1630 9720 0 COGNIZANT TECHNLGY SLTNS COR COM 192446102 1401 43080 SH SOLE 14880 28200 0 COINSTAR INC COM 19259P300 460 14060 SH SOLE 4930 9130 0 COLGATE PALMOLIVE CO COM 194162103 4947 71596 SH SOLE 7120 64476 0 COLONIAL BANCGROUP INC COM 195493309 47 10570 SH SOLE 9780 790 0 COLONIAL PPTYS TR COM 195872106 363 18130 SH SOLE 7530 10600 0 COMCAST CORP CL A COM 20030N101 5222 275271 SH SOLE 0 275271 0 COMERICA INC COM 200340107 1082 42212 SH SOLE 6240 35972 0 COMMERCIAL METALS CO COM 201723103 377 10010 SH SOLE 8100 1910 0 COMMSCOPE INC COM 203372107 238 4519 SH SOLE 2700 1819 0 PORTVUE-SEC13F.LNP CAPSTONE ASSET MANAGEMENT COMPANY PAGE 7 RUN DATE: 07/07/08 2:41 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 06/30/08 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- COMMUNITY BK SYS INC COM 203607106 212 10280 SH SOLE 3600 6680 0 COMPANHIA DE BEBIDAS DAS AMESP COM 20441W203 239 3765 SH SOLE 0 3765 0 COMPANHIA ENERGETICA DE MINASP COM 204409601 331 13464 SH SOLE 3591 9873 0 COMPANHIA SIDERURGICA NACIONSP COM 20440W105 1069 24060 SH SOLE 9830 14230 0 COMPANHIA VALE DO RIO DOCE SPO COM 204412209 2728 76145 SH SOLE 31520 44625 0 COMPANHIA VALE DO RIO DOCE - A COM 204412100 3246 108780 SH SOLE 45170 63610 0 COMPUTER SCIENCES CORP COM 205363104 813 17347 SH SOLE 1670 15677 0 COMPUWARE CORP COM 205638109 355 37180 SH SOLE 3840 33340 0 COMTECH TELECOMM CORP COM 205826209 518 10570 SH SOLE 2560 8010 0 CONAGRA INC COM 205887102 1075 55734 SH SOLE 5580 50154 0 CONCUR TECHNOLOGIES INC COM 206708109 608 18310 SH SOLE 3810 14500 0 CONMED CORP COM 207410101 230 8680 SH SOLE 1050 7630 0 CONOCOPHILLIPS COM 20825C104 15089 159860 SH SOLE 15499 144361 0 CONSOL ENERGY INC COM 20854P109 2417 21510 SH SOLE 3620 17890 0 CONSOLIDATED EDISON INC COM 209115104 1412 36113 SH SOLE 8200 27913 0 CONSOLIDATED GRAPHICS INC COM 209341106 208 4220 SH SOLE 640 3580 0 CONSTELLATION BRANDS COM 21036P108 288 14510 SH SOLE 0 14510 0 CONSTELLATION ENERGY GROUP INC COM 210371100 1939 23612 SH SOLE 3310 20302 0 CONVERGYS CORP COM 212485106 227 15280 SH SOLE 1890 13390 0 COOPER COMPANIES INC COM 216648402 315 8490 SH SOLE 3590 4900 0 COOPER INDUSTRIES LTD CL A COM G24182100 762 19294 SH SOLE 1450 17844 0 COPART INC COM 217204106 240 5595 SH SOLE 3790 1805 0 CORN PRODUCTS INTL INC COM 219023108 217 4420 SH SOLE 2810 1610 0 CORNING INC COM 219350105 8512 369303 SH SOLE 13430 355873 0 CORUS BANKSHARES INC COM 220873103 87 20870 SH SOLE 13780 7090 0 COSTCO WHOLESALE CORP COM 22160K105 3240 46197 SH SOLE 3190 43007 0 COUNTRYWIDE CREDIT INDS INC COM 222372104 415 97665 SH SOLE 47380 50285 0 COVANCE INC COM 222816100 443 5150 SH SOLE 2920 2230 0 COVENTRY HEALTH CARE INC COM 222862104 728 23936 SH SOLE 7546 16390 0 COVIDIEN LTD COM G2552X108 2683 56019 SH SOLE 7200 48819 0 CREDIT SUISSE GROUP ADR SPONSO COM 225401108 2212 48825 SH SOLE 13470 35355 0 CRH PLC ADR COM 12626K203 1236 43305 SH SOLE 6200 37105 0 CROCS INC COM 227046109 270 33700 SH SOLE 6620 27080 0 CUBIST PHARMACEUTICALS INC COM 229678107 329 18430 SH SOLE 1920 16510 0 CULLEN FROST BANKERS INC COM 229899109 208 4170 SH SOLE 2760 1410 0 CUMMINS ENGINE INC COM 231021106 1690 25794 SH SOLE 5910 19884 0 CURTISS WRIGHT CORP COM 231561101 803 17950 SH SOLE 3050 14900 0 CYBERSOURCE CORP COM 23251J106 354 21188 SH SOLE 2306 18882 0 CYMER INC COM 232572107 255 9480 SH SOLE 1460 8020 0 CYPRESS SEMICONDUCTOR CORP COM 232806109 231 9350 SH SOLE 5780 3570 0 D P L INC COM 233293109 211 7990 SH SOLE 3750 4240 0 D R HORTON INC COM 23331A109 715 65942 SH SOLE 42356 23586 0 D S P GROUP INC COM 23332B106 78 11080 SH SOLE 1000 10080 0 D S T SYSTEMS INC DEL COM 233326107 271 4920 SH SOLE 3550 1370 0 D T E ENERGY CO COM 233331107 1205 28385 SH SOLE 8830 19555 0 DAIMLER CHRYSLER AG COM D1668R123 3626 58792 SH SOLE 11710 47082 0 DAKTRONICS INC COM 234264109 295 14610 SH SOLE 3770 10840 0 DANAHER CORP COM 235851102 9808 126886 SH SOLE 3930 122956 0 DARDEN RESTAURANTS INC COM 237194105 814 25488 SH SOLE 10390 15098 0 DARLING INTL INC COM 237266101 358 21690 SH SOLE 2290 19400 0 DASSAULT SYS S A ADR SPONSORED COM 237545108 366 6015 SH SOLE 1410 4605 0 PORTVUE-SEC13F.LNP CAPSTONE ASSET MANAGEMENT COMPANY PAGE 8 RUN DATE: 07/07/08 2:41 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 06/30/08 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- DATASCOPE CORP COM 238113104 219 4670 SH SOLE 1560 3110 0 DEALERTRACK HLDGS INC COM 242309102 206 14630 SH SOLE 4990 9640 0 DEAN FOODS INC COM 242370104 413 21040 SH SOLE 7170 13870 0 DECKERS OUTDOOR CORP COM 243537107 830 5960 SH SOLE 940 5020 0 DEERE & CO COM 244199105 3348 46414 SH SOLE 3222 43192 0 DELL INC COM 24702R101 5226 238871 SH SOLE 31620 207251 0 DELPHI FINANCIAL GROUP INC CL COM 247131105 345 14895 SH SOLE 1805 13090 0 DELTIC TIMBER CORP COM 247850100 316 5910 SH SOLE 2330 3580 0 DENBURY RES INC COM 247916208 627 17182 SH SOLE 10870 6312 0 DENTSPLY INTL INC COM 249030107 412 11200 SH SOLE 5370 5830 0 DEUTSCHE BANK AG ORD COM D18190898 3727 43662 SH SOLE 6510 37152 0 DEUTSCHE TELEKOM AG ADR SPONSO COM 251566105 1549 94609 SH SOLE 0 94609 0 DEVELOPERS DIVERSIFIED RLTY COM 251591103 524 15100 SH SOLE 4120 10980 0 DEVON ENERGY CORP COM 25179M103 5747 47830 SH SOLE 5730 42100 0 DIAGEO PLC ADR SPONSORED COM 25243Q205 1250 16925 SH SOLE 0 16925 0 DIAMOND OFFSHORE DRILLNG INC COM 25271C102 220 1580 SH SOLE 0 1580 0 DIAMONDROCK HOSPITALITY CO COM 252784301 293 26870 SH SOLE 6030 20840 0 DIGITAL RIV INC COM 25388B104 245 6340 SH SOLE 6070 270 0 DILLARDS INC CL A COM 254067101 315 27260 SH SOLE 26240 1020 0 DIODES INC COM 254543101 361 13060 SH SOLE 2920 10140 0 DIONEX CORP COM 254546104 530 7990 SH SOLE 1780 6210 0 DIRECTV GROUP INC COM 25459L106 1900 73330 SH SOLE 0 73330 0 DISCOVER FINANCIAL SERVICES COM 254709108 646 49033 SH SOLE 4270 44763 0 DISNEY WALT CO COM 254687106 5538 177502 SH SOLE 0 177502 0 DITECH NETWORKS INC COM 25500T108 34 16020 SH SOLE 10130 5890 0 DOLLAR TREE INC COM 256746108 273 8360 SH SOLE 5960 2400 0 DOMINION RESOURCES INC VA COM 25746U109 2727 57430 SH SOLE 7704 49726 0 DONALDSON INC COM 257651109 273 6112 SH SOLE 3870 2242 0 DONNELLEY R R & SONS CO COM 257867101 811 27321 SH SOLE 6380 20941 0 DOVER CORP COM 260003108 5836 120651 SH SOLE 1780 118871 0 DOW CHEMICAL CORP COM 260543103 3357 96165 SH SOLE 12520 83645 0 DREAMWORKS ANIMATION INC CL A COM 26153C103 281 9440 SH SOLE 7690 1750 0 DRESS BARN INC COM 261570105 277 20690 SH SOLE 6250 14440 0 DREW INDS INC COM 26168L205 165 10370 SH SOLE 3780 6590 0 DRIL-QUIP INC COM 262037104 674 10700 SH SOLE 1540 9160 0 DU PONT E I DE NEMOURS & CO COM 263534109 7272 169554 SH SOLE 8010 161544 0 DUKE ENERGY CORP COM 26441C105 2413 138852 SH SOLE 26366 112486 0 DUKE REALTY CORP COM 264411505 233 10360 SH SOLE 7420 2940 0 DUN & BRADSTREET CORP DEL COM 26483E100 426 4865 SH SOLE 3140 1725 0 DYNEGY INC DEL CL A COM 26817G102 317 37094 SH SOLE 4620 32474 0 E M C CORP MASS COM 268648102 3198 217708 SH SOLE 19050 198658 0 E O G RESOURCES INC COM 26875P101 3907 29780 SH SOLE 5410 24370 0 E TRADE GROUP INC COM 269246104 412 131282 SH SOLE 94200 37082 0 EAST WEST BANCORP INC COM 27579R104 144 20380 SH SOLE 2460 17920 0 EASTGROUP PPTYS INC COM 277276101 288 6710 SH SOLE 1130 5580 0 EASTMAN CHEMICAL CO COM 277432100 563 8180 SH SOLE 0 8180 0 EASTMAN KODAK COM 277461109 522 36203 SH SOLE 9710 26493 0 EATON CORP COM 278058102 1405 16536 SH SOLE 900 15636 0 EATON VANCE CORP COM 278265103 369 9276 SH SOLE 6180 3096 0 EBAY INC COM 278642103 3009 110100 SH SOLE 0 110100 0 ECOLAB INC COM 278865100 1624 37786 SH SOLE 5820 31966 0 PORTVUE-SEC13F.LNP CAPSTONE ASSET MANAGEMENT COMPANY PAGE 9 RUN DATE: 07/07/08 2:41 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 06/30/08 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- EDISON INTL COM 281020107 1846 35929 SH SOLE 3390 32539 0 EDWARDS LIFESCIENCES CORP COM 28176E108 267 4300 SH SOLE 2200 2100 0 EL PASO CORPORATION COM 28336L109 1530 70356 SH SOLE 6790 63566 0 EL PASO ELEC CO COM 283677854 266 13430 SH SOLE 1540 11890 0 ELAN CORP PLC ADR COM 284131208 763 21470 SH SOLE 5450 16020 0 ELECTRONIC ARTS INC COM 285512109 1659 37340 SH SOLE 5840 31500 0 ELECTRONIC DATA SYSTEMS CORP COM 285661104 1549 62855 SH SOLE 15730 47125 0 EMBARQ CORP COM 29078E105 945 19991 SH SOLE 4816 15175 0 EMBRAER-EMPRESA BRASIL AERONSP COM 29081M102 246 9300 SH SOLE 3560 5740 0 EMCOR GROUP INC COM 29084Q100 482 16900 SH SOLE 2450 14450 0 EMERSON ELEC CO COM 291011104 12864 260143 SH SOLE 6600 253543 0 EMPRESA NACIONAL DE ELCTRCIDSP COM 29244T101 350 8185 SH SOLE 1950 6235 0 ENBRIDGE INC COM 29250N105 2183 50557 SH SOLE 5720 44837 0 ENCANA CORP COM 292505104 3003 33026 SH SOLE 8650 24376 0 ENCORE ACQUISITION CO COM 29255W100 559 7430 SH SOLE 6520 910 0 ENDO PHARMACEUTICALS HLDGS COM 29264F205 324 13380 SH SOLE 8680 4700 0 ENERGEN CORP COM 29265N108 352 4510 SH SOLE 2680 1830 0 ENERGIZER HOLDINGS INC COM 29266R108 360 4930 SH SOLE 3340 1590 0 ENERGY EAST CORP COM 29266M109 303 12250 SH SOLE 8190 4060 0 ENERPLUS RES FD TR UNIT NEW COM 29274D604 561 12130 SH SOLE 2620 9510 0 ENERSIS S A SPONSORED ADR COM 29274F104 242 15505 SH SOLE 3940 11565 0 ENI S P A ADR SPONSORED COM 26874R108 7980 107498 SH SOLE 14580 92918 0 ENPRO INDS INC COM 29355X107 261 6990 SH SOLE 960 6030 0 ENSCO INTL INC COM 26874Q100 1346 16675 SH SOLE 1250 15425 0 ENTERGY CORP COM 29364G103 2554 21201 SH SOLE 1270 19931 0 ENTERTAINMENT PPTYS TR SH BEN COM 29380T105 2686 54328 SH SOLE 2350 51978 0 EPICOR SOFTWARE CORP COM 29426L108 207 30020 SH SOLE 11190 18830 0 EPIQ SYS INC COM 26882D109 195 13715 SH SOLE 4355 9360 0 EQUIFAX INC COM 294429105 706 20998 SH SOLE 6390 14608 0 EQUITABLE RESOURCES INC COM 294549100 595 8620 SH SOLE 4850 3770 0 EQUITY RESIDENTIAL PPTYS TR SH COM 29476L107 1245 32540 SH SOLE 6540 26000 0 ERICSSON L M TEL CO COM 294821608 1244 119610 SH SOLE 32700 86910 0 ESSEX PPTY TR COM 297178105 805 7555 SH SOLE 1270 6285 0 ESTERLINE TECHNOLOGIES CORP COM 297425100 459 9310 SH SOLE 1220 8090 0 ETHAN ALLEN INTERIORS INC COM 297602104 232 9450 SH SOLE 2720 6730 0 EVEREST RE GROUP LTD COM G3223R108 390 4890 SH SOLE 3200 1690 0 EXAR CORP COM 300645108 92 12200 SH SOLE 1430 10770 0 EXELON CORP COM 30161N101 10399 115598 SH SOLE 4850 110748 0 EXPEDIA INC DEL COM 30212P105 609 33134 SH SOLE 15970 17164 0 EXPEDITORS INTL WASHINGTON INC COM 302130109 1198 27860 SH SOLE 8080 19780 0 EXPRESS SCRIPTS INC CL A COM 302182100 2085 33247 SH SOLE 7668 25579 0 EXTERRAN HLDGS INC COM COM 30225X103 267 3741 SH SOLE 2560 1181 0 EXTRA SPACE STORAGE INC COM 30225T102 287 18680 SH SOLE 2160 16520 0 EXXON MOBIL CORP COM 30231G102 52416 594755 SH SOLE 43822 550933 0 F E I CO COM 30241L109 221 9720 SH SOLE 1550 8170 0 F M C CORP COM 302491303 348 4500 SH SOLE 2820 1680 0 F M C TECHNOLOGIES INC COM 30249U101 709 9220 SH SOLE 5860 3360 0 F P L GROUP INC COM 302571104 2845 43376 SH SOLE 3480 39896 0 F5 NETWORKS INC COM 315616102 280 9840 SH SOLE 7770 2070 0 FACTSET RESEARCH SYSTEMS INC COM 303075105 1032 18315 SH SOLE 3310 15005 0 FAIRPOINT COMMUNICATIONS INC COM 305560104 181 25127 SH SOLE 2800 22327 0 PORTVUE-SEC13F.LNP CAPSTONE ASSET MANAGEMENT COMPANY PAGE 10 RUN DATE: 07/07/08 2:41 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 06/30/08 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- FAMILY DOLLAR STORES COM 307000109 314 15751 SH SOLE 1440 14311 0 FANNIE MAE COM 313586109 1968 100872 SH SOLE 7470 93402 0 FARO TECHNOLOGIES INC COM 311642102 222 8830 SH SOLE 3470 5360 0 FASTENAL CO COM 311900104 410 9510 SH SOLE 6100 3410 0 FEDERAL HOME LOAN MORTGAGE COR COM 313400301 1278 77956 SH SOLE 16890 61066 0 FEDERAL RLTY INVT TR SBI COM 313747206 270 3910 SH SOLE 2490 1420 0 FEDERATED INVS INC PA CL B COM 314211103 568 16490 SH SOLE 7530 8960 0 FEDEX CORP COM 31428X106 2425 30774 SH SOLE 1890 28884 0 FIDELITY NATIONAL INFORMATION COM 31620M106 682 18477 SH SOLE 1886 16591 0 FIDELITY NATL TITLE GROUP INC COM 31620R105 262 20819 SH SOLE 16900 3919 0 FIFTH THIRD BANCORP COM 316773100 633 62135 SH SOLE 11830 50305 0 FINISH LINE INC CL A COM 317923100 604 69445 SH SOLE 57587 11858 0 FIRST AMERICAN CORP CALIF COM 318522307 230 8730 SH SOLE 6990 1740 0 FIRST BANCORP P R COM 318672102 225 35510 SH SOLE 18730 16780 0 FIRST CASH FINL SVCS INC COM 31942D107 202 13460 SH SOLE 4200 9260 0 FIRST COMWLTH FINL CORP PA COM 319829107 186 19980 SH SOLE 5920 14060 0 FIRST FINL BANCORP OH COM 320209109 108 11790 SH SOLE 4970 6820 0 FIRST HORIZON NATIONAL CORPORA COM 320517105 214 28790 SH SOLE 18340 10450 0 FIRST MIDWEST BANCORP COM 320867104 260 13960 SH SOLE 3010 10950 0 FIRST SOLAR INC COM 336433107 254 931 SH SOLE 0 931 0 FIRSTENERGY CORP COM 337932107 2426 29466 SH SOLE 2290 27176 0 FISERV INC COM 337738108 6643 146411 SH SOLE 6640 139771 0 FLAGSTAR BANCORP INC COM 337930101 90 29800 SH SOLE 21820 7980 0 FLEETWOOD ENTERPRISES INC COM 339099103 42 16070 SH SOLE 2030 14040 0 FLIR SYS INC COM 302445101 2272 56010 SH SOLE 8780 47230 0 FLOWERS FOODS INC COM 343498101 731 25787 SH SOLE 2495 23292 0 FLOWSERVE CORP COM 34354P105 472 3455 SH SOLE 2170 1285 0 FLUOR CORP COM 343412102 1759 9454 SH SOLE 640 8814 0 FOMENTO ECONOMICO MEXICANO SSP COM 344419106 245 5390 SH SOLE 0 5390 0 FOOT LOCKER INC COM 344849104 217 17400 SH SOLE 14700 2700 0 FORD MOTOR CO DEL COM 345370860 1042 216584 SH SOLE 51250 165334 0 FORDING CDN COAL TR TR UNIT COM 345425102 428 4480 SH SOLE 1270 3210 0 FOREST LABS INC COM 345838106 1550 44630 SH SOLE 12930 31700 0 FOREST OIL CORP COM 346091705 359 4820 SH SOLE 3310 1510 0 FORESTAR REAL ESTATE GROUP I COM 346233109 209 10967 SH SOLE 1450 9517 0 FORTUNE BRANDS INC COM 349631101 670 10729 SH SOLE 0 10729 0 FORWARD AIR CORP COM 349853101 438 12645 SH SOLE 2890 9755 0 FOSSIL INC COM 349882100 535 18387 SH SOLE 3210 15177 0 FOSTER WHEELER LTD SHS NEW COM G36535139 221 3020 SH SOLE 0 3020 0 FPL GROUP CAP INC 6.600% 10/01 PREFERRED STOCKS 302570403 797 32185 SH SOLE 0 32185 0 FRANCE TELECOM COM 35177Q105 3503 118214 SH SOLE 21780 96434 0 FRANKLIN RESOURCES, INC COM 354613101 1692 18465 SH SOLE 2320 16145 0 FREDS INC CL A COM 356108100 210 18690 SH SOLE 9750 8940 0 FREEPORT MCMORAN COPPER&GOLD C COM 35671D857 4913 41926 SH SOLE 6579 35347 0 FRESENIUS MED CARE AG SPONSORE COM 358029106 879 16008 SH SOLE 3510 12498 0 FRONTIER FINL CORP WASH COM 35907K105 91 10675 SH SOLE 1420 9255 0 FRONTIER OIL CORP COM 35914P105 217 9080 SH SOLE 6510 2570 0 FUJIFILM HLDGS CORP ADR SHS COM 35958N107 823 24010 SH SOLE 6280 17730 0 FULLER H B CO COM 359694106 343 15290 SH SOLE 1950 13340 0 FURNITURE BRANDS INTL INC COM 360921100 251 18760 SH SOLE 18430 330 0 GAMESTOP CORPORATION CLASS A COM 36467W109 784 19412 SH SOLE 4212 15200 0 PORTVUE-SEC13F.LNP CAPSTONE ASSET MANAGEMENT COMPANY PAGE 11 RUN DATE: 07/07/08 2:41 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 06/30/08 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- GANNETT INC DEL COM 364730101 700 32288 SH SOLE 9930 22358 0 GAP INC COM 364760108 875 52478 SH SOLE 4220 48258 0 GARDNER DENVER INC COM 365558105 1015 17871 SH SOLE 2060 15811 0 GENCORP INC COM 368682100 117 16310 SH SOLE 1850 14460 0 GENENTECH INC COM 368710406 349 4600 SH SOLE 0 4600 0 GENERAL COMMUNICATION INC CL A COM 369385109 99 14360 SH SOLE 1510 12850 0 GENERAL DYNAMICS CORP COM 369550108 2758 32758 SH SOLE 4840 27918 0 GENERAL ELEC CO COM 369604103 33307 1247903 SH SOLE 78930 1168973 0 GENERAL GROWTH PPTYS INC COM 370021107 923 26350 SH SOLE 4140 22210 0 GENERAL MILLS INC COM 370334104 2403 39540 SH SOLE 3440 36100 0 GENERAL MOTORS CORP COM 370442105 611 53123 SH SOLE 4890 48233 0 GENESCO INC COM 371532102 268 8670 SH SOLE 1080 7590 0 GENUINE PARTS CO COM 372460105 2771 69831 SH SOLE 1960 67871 0 GENWORTH FINL INC CL A COM 37247D106 905 50790 SH SOLE 10870 39920 0 GENZYME CORP COM 372917104 2224 30944 SH SOLE 4220 26724 0 GEN-PROBE INC COM 36866T103 237 4990 SH SOLE 3210 1780 0 GEORGIA GULF CORP COM 373200203 93 32240 SH SOLE 24620 7620 0 GERDAU S A SPONSORED ADR COM 373737105 834 34730 SH SOLE 14650 20080 0 GETTY IMAGES INC COM 374276103 204 6020 SH SOLE 5080 940 0 GEVITY HR INC COM 374393106 150 27890 SH SOLE 22750 5140 0 GIBRALTAR INDS INC COM 374689107 224 14010 SH SOLE 7320 6690 0 GILEAD SCIENCES INC COM 375558103 15102 285206 SH SOLE 14030 271176 0 GLACIER BANCORP INC COM 37637Q105 260 16277 SH SOLE 1820 14457 0 GLAXOSMITHKLINE PLC ADR SPONSO COM 37733W105 3560 80505 SH SOLE 32450 48055 0 GLOBAL PAYMENTS INC COM 37940X102 310 6660 SH SOLE 4470 2190 0 GOLD FIELDS LTD NEW SPONSORED COM 38059T106 129 10170 SH SOLE 8140 2030 0 GOLDCORP INC COM 380956409 1403 30381 SH SOLE 7927 22454 0 GOLDMAN SACHS GROUP INC COM 38141G104 6909 39500 SH SOLE 2990 36510 0 GOODRICH B F CO COM 382388106 729 15360 SH SOLE 1130 14230 0 GOODYEAR TIRE & RUBBER CO COM 382550101 629 35282 SH SOLE 15130 20152 0 GOOGLE INC CL A COM 38259P508 13414 25481 SH SOLE 2577 22904 0 GRACO INC COM 384109104 226 5930 SH SOLE 4380 1550 0 GRAINGER W W INC COM 384802104 595 7279 SH SOLE 0 7279 0 GREEN MTN COFFEE ROASTERS INC COM 393122106 281 7490 SH SOLE 2130 5360 0 GRIFFON CORP COM 398433102 107 12190 SH SOLE 6350 5840 0 GROUP 1 AUTOMOTIVE INC COM 398905109 237 11920 SH SOLE 6770 5150 0 GRUPO TELEVISA SA DE CV ADR SP COM 40049J206 572 24215 SH SOLE 10710 13505 0 GUARANTY FINL GROUP INC COM 40108N106 61 11342 SH SOLE 3950 7392 0 GYMBOREE CORP COM 403777105 538 13420 SH SOLE 3970 9450 0 HAEMONETICS CORP COM 405024100 564 10170 SH SOLE 1510 8660 0 HAIN CELESTIAL GROUP INC COM 405217100 291 12390 SH SOLE 1490 10900 0 HALLIBURTON CO COM 406216101 5366 101108 SH SOLE 13900 87208 0 HANCOCK HLDG CO COM 410120109 309 7870 SH SOLE 1260 6610 0 HANMI FINL CORP COM 410495105 77 14860 SH SOLE 6250 8610 0 HANSEN NAT CORP COM 411310105 209 7240 SH SOLE 5440 1800 0 HARLEY DAVIDSON INC COM 412822108 1218 33593 SH SOLE 8820 24773 0 HARMAN INTL INDS INC COM 413086109 393 9484 SH SOLE 3964 5520 0 HARMONIC INC COM 413160102 223 23460 SH SOLE 2830 20630 0 HARRIS CORP COM 413875105 5981 118460 SH SOLE 6050 112410 0 HARSCO CORP COM 415864107 300 5510 SH SOLE 3180 2330 0 HARTFORD FINANCIAL SERVICES GR COM 416515104 2145 33226 SH SOLE 3260 29966 0 PORTVUE-SEC13F.LNP CAPSTONE ASSET MANAGEMENT COMPANY PAGE 12 RUN DATE: 07/07/08 2:41 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 06/30/08 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- HASBRO INC COM 418056107 572 16000 SH SOLE 1500 14500 0 HAVERTY FURNITURE COS INC COM 419596101 195 19470 SH SOLE 14570 4900 0 HCP INC COM 40414L109 770 24220 SH SOLE 6210 18010 0 HEADWATERS INC COM 42210P102 278 23630 SH SOLE 10030 13600 0 HEALTH CARE REIT INC COM 42217K106 272 6121 SH SOLE 4510 1611 0 HEALTHCARE SVCS GROUP INC COM 421906108 959 63017 SH SOLE 1355 61662 0 HEALTHEXTRAS INC COM 422211102 586 19430 SH SOLE 7060 12370 0 HEALTHSPRING INC COM COM 42224N101 225 13310 SH SOLE 1790 11520 0 HEALTHWAYS INC COM 422245100 446 15070 SH SOLE 3080 11990 0 HEARTLAND EXPRESS INC COM 422347104 350 23506 SH SOLE 5063 18443 0 HEINZ H J CO COM 423074103 4618 96520 SH SOLE 4040 92480 0 HELIX ENERGY SOLUTIONS GRP INC COM 42330P107 1552 37264 SH SOLE 5820 31444 0 HELLENIC TELECOM ORGANIZATN SP COM 423325307 332 27915 SH SOLE 7860 20055 0 HELMERICH & PAYNE INC COM 423452101 426 5910 SH SOLE 3780 2130 0 HERSHEY FOODS CORP COM 427866108 989 30158 SH SOLE 8810 21348 0 HESS CORP COM 42809H107 3689 29234 SH SOLE 2080 27154 0 HEWLETT PACKARD CO COM 428236103 12426 281073 SH SOLE 20000 261073 0 HIBBETT SPORTS INC COM 428567101 321 15220 SH SOLE 5170 10050 0 HILB ROGAL & HAMILTON CO COM 431294107 542 12480 SH SOLE 1640 10840 0 HILLENBRAND INC COM 431571108 456 21300 SH SOLE 2230 19070 0 HITACHI LTD ADR COM 433578507 1009 14070 SH SOLE 3920 10150 0 HOLOGIC INC COM 436440101 384 17636 SH SOLE 12320 5316 0 HOME DEPOT INC COM 437076102 4533 193560 SH SOLE 14160 179400 0 HOME PPTYS INC COM 437306103 492 10240 SH SOLE 2820 7420 0 HONDA MOTOR CO LTD COM 438128308 2245 65980 SH SOLE 17710 48270 0 HONEYWELL INTL INC COM 438516106 4923 97912 SH SOLE 6140 91772 0 HORNBECK OFFSHORE SVCS INC COM 440543106 625 11060 SH SOLE 3250 7810 0 HOSPIRA INC COM 441060100 1062 26468 SH SOLE 7610 18858 0 HOSPITALITY PROPERTIES TRUST COM 44106M102 1081 44187 SH SOLE 5790 38397 0 HOST HOTELS & RESORTS INC COM 44107P104 743 54449 SH SOLE 11640 42809 0 HOT TOPIC INC COM 441339108 74 13650 SH SOLE 1500 12150 0 HSBC HLDGS PLC ADR SPON COM 404280406 9393 122469 SH SOLE 26920 95549 0 HUB GROUP INC CL A COM 443320106 405 11860 SH SOLE 1420 10440 0 HUDSON CITY BANCORP INC COM 443683107 720 43148 SH SOLE 4880 38268 0 HUMANA INC COM 444859102 721 18131 SH SOLE 1530 16601 0 HUNTINGTON BANCSHARES INC COM 446150104 268 46453 SH SOLE 21450 25003 0 I B M COM 459200101 19212 162088 SH SOLE 10773 151315 0 I M S HEALTH INC COM 449934108 846 36304 SH SOLE 16470 19834 0 I T T EDUCATIONAL SERVICES INC COM 45068B109 267 3230 SH SOLE 2280 950 0 I T T INDS INC IND COM 450911102 1354 21386 SH SOLE 3870 17516 0 IAC INTERACTIVECORP COM 44919P300 380 19703 SH SOLE 2200 17503 0 ICONIX BRAND GROUP INC COM 451055107 195 16160 SH SOLE 1970 14190 0 IDEXX LABORATORIES CORP COM 45168D104 1251 25662 SH SOLE 3350 22312 0 II-VI INC COM 902104108 367 10520 SH SOLE 1000 9520 0 ILLINOIS TOOL WORKS INC COM 452308109 3010 63354 SH SOLE 3590 59764 0 IMMUCOR INC COM 452526106 738 28507 SH SOLE 5490 23017 0 IMPERIAL OIL LTD COM 453038408 736 13365 SH SOLE 3290 10075 0 INDEPENDENT BANK CORP MICH COM 453838104 54 13553 SH SOLE 9165 4388 0 INFINEON TECHNOLOGIES AG ADR S COM 45662N103 218 25510 SH SOLE 8080 17430 0 INFINITY PPTY & CAS CORP COM 45665Q103 354 8520 SH SOLE 3040 5480 0 INFORMATICA CORP COM 45666Q102 391 25990 SH SOLE 2940 23050 0 PORTVUE-SEC13F.LNP CAPSTONE ASSET MANAGEMENT COMPANY PAGE 13 RUN DATE: 07/07/08 2:41 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 06/30/08 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- INFOSPACE INC COM 45678T201 136 16330 SH SOLE 5530 10800 0 INFOSYS TECHNOLOGIES LTD ADR S COM 456788108 414 9520 SH SOLE 7660 1860 0 ING GROEP N V ADR SPONSORED COM 456837103 3039 96319 SH SOLE 25880 70439 0 ING GROEP NV 6.125% SERIES PREFERRED STOCKS 456837509 602 33830 SH SOLE 0 33830 0 INGERSOLL-RAND CO LTD CL A COM G4776G101 1299 34717 SH SOLE 4057 30660 0 INGRAM MICRO INC CL A COM 457153104 224 12630 SH SOLE 9570 3060 0 INLAND REAL ESTATE CORP COM 457461200 243 16830 SH SOLE 3970 12860 0 INSIGHT ENTERPRISES INC COM 45765U103 180 15340 SH SOLE 4610 10730 0 INTEGRA LIFESCIENCES HLDG CO COM 457985208 399 8960 SH SOLE 2650 6310 0 INTEGRYS ENERGY GROUP INC COM 45822P105 971 19102 SH SOLE 8628 10474 0 INTEL CORP COM 458140100 14674 683146 SH SOLE 48750 634396 0 INTERCONTINENTAL HOTELS COM 45857P301 174 13090 SH SOLE 3741 9349 0 INTERCONTINENTALEXCHANGE INC COM 45865V100 1117 9800 SH SOLE 2970 6830 0 INTERFACE INC CL A COM 458665106 197 15700 SH SOLE 1830 13870 0 INTERNATIONAL GAME TECH COM 459902102 581 23240 SH SOLE 0 23240 0 INTERNATIONAL PAPER CO COM 460146103 1201 51544 SH SOLE 11300 40244 0 INTERPUBLIC GROUP COS INC COM 460690100 410 47617 SH SOLE 5610 42007 0 INTEVAC INC COM 461148108 168 14900 SH SOLE 6520 8380 0 INTL FLAVORS & FRAGRANCES COM 459506101 424 10860 SH SOLE 1000 9860 0 INTUIT INC COM 461202103 1379 50000 SH SOLE 14550 35450 0 INTUITIVE SURGICAL INC COM 46120E602 1519 5639 SH SOLE 1785 3854 0 INVENTIV HEALTH INC COM 46122E105 425 15290 SH SOLE 4650 10640 0 INVESTMENT TECHNOLOGY GROUP COM 46145F105 510 15241 SH SOLE 1800 13441 0 INVITROGEN CORP COM 46185R100 316 8040 SH SOLE 6360 1680 0 ION GEOPHYSICAL CORP COM 462044108 417 23880 SH SOLE 2680 21200 0 IRELAND BK ADR SPONSORED COM 46267Q103 393 11265 SH SOLE 3170 8095 0 IRWIN FINL CORP COM 464119106 37 13690 SH SOLE 9470 4220 0 ITRON INC COM 465741106 1144 11630 SH SOLE 1400 10230 0 J P MORGAN CHASE 7.000% 02/15/ PREFERRED STOCKS 46623D200 795 33277 SH SOLE 0 33277 0 J P MORGAN CHASE & CO COM 46625H100 11335 330382 SH SOLE 30614 299767 0 J2 GLOBAL COMMUNICATONS INC COM 46626E205 544 23660 SH SOLE 8500 15160 0 JABIL CIRCUIT INC COM 466313103 611 37230 SH SOLE 20210 17020 0 JACK IN THE BOX INC COM 466367109 440 19650 SH SOLE 2310 17340 0 JACOBS ENGINEERING GROUP INC COM 469814107 1077 13340 SH SOLE 2020 11320 0 JANUS CAP GROUP INC COM 47102X105 445 16810 SH SOLE 1360 15450 0 JDS UNIPHASE CORP COM 46612J507 246 21625 SH SOLE 2260 19365 0 JETBLUE AWYS CORP COM 477143101 42 11307 SH SOLE 10420 887 0 JO ANN STORES COM 47758P307 346 15035 SH SOLE 9440 5595 0 JOHNSON CONTROLS INC COM 478366107 2336 81443 SH SOLE 5520 75923 0 JOHNSON & JOHNSON COM 478160104 24603 382394 SH SOLE 25660 356734 0 JONES APPAREL GROUP INC COM 480074103 465 33790 SH SOLE 24570 9220 0 JONES LANG LASALLE INC COM 48020Q107 212 3530 SH SOLE 2920 610 0 JOS A BANK CLOTHIERS INC COM 480838101 256 9587 SH SOLE 3672 5915 0 JOY GLOBAL INC COM 481165108 663 8745 SH SOLE 5840 2905 0 JUNIPER NETWORKS INC COM 48203R104 1223 55146 SH SOLE 4830 50316 0 K B HOME COM 48666K109 548 32362 SH SOLE 25900 6462 0 KANSAS CITY SOUTHN INDS INC COM 485170302 208 4720 SH SOLE 3020 1700 0 KAYDON CORP COM 486587108 343 6670 SH SOLE 1260 5410 0 KBR INC COM 48242W106 353 10120 SH SOLE 6270 3850 0 KELLOGG CO COM 487836108 2522 52521 SH SOLE 8270 44251 0 KENDLE INTERNATIONAL INC COM 48880L107 225 6200 SH SOLE 1860 4340 0 PORTVUE-SEC13F.LNP CAPSTONE ASSET MANAGEMENT COMPANY PAGE 14 RUN DATE: 07/07/08 2:41 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 06/30/08 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- KENSEY NASH CORP COM 490057106 231 7220 SH SOLE 1860 5360 0 KEYCORP COM 493267108 574 52311 SH SOLE 15320 36991 0 KILROY RLTY CORP COM 49427F108 452 9610 SH SOLE 1650 7960 0 KIMBERLY CLARK CORP COM 494368103 4397 73557 SH SOLE 3870 69687 0 KIMCO RLTY CORP COM 49446R109 776 22485 SH SOLE 2190 20295 0 KINETIC CONCEPTS INC COM 49460W208 241 6030 SH SOLE 4370 1660 0 KINROSS GOLD CORP NO PAR COM 496902404 631 26720 SH SOLE 6840 19880 0 KIRBY CORP COM 497266106 880 18340 SH SOLE 2080 16260 0 KITE RLTY GROUP TR COM COM 49803T102 132 10530 SH SOLE 4050 6480 0 KLA-TENCOR CORP COM 482480100 750 18415 SH SOLE 1180 17235 0 KNIGHT TRANSN INC COM 499064103 450 24607 SH SOLE 5950 18657 0 KOHLS CORP COM 500255104 1482 37021 SH SOLE 7040 29981 0 KOOKMIN BK NEW SPONSORED ADR COM 50049M109 1127 19260 SH SOLE 8140 11120 0 KOPIN CORP COM 500600101 57 19740 SH SOLE 2090 17650 0 KOREA ELEC PWR CO SPONSORED AD COM 500631106 146 10040 SH SOLE 7970 2070 0 KRAFT FOODS INC CL A COM 50075N104 5476 192484 SH SOLE 14880 177604 0 KROGER CO COM 501044101 2310 79997 SH SOLE 11400 68597 0 KUBOTA LTD ADR COM 501173207 301 8420 SH SOLE 2330 6090 0 KULICKE & SOFFA INDS INC COM 501242101 98 13480 SH SOLE 1730 11750 0 KYOCERA CORP ADR COM 501556203 961 10220 SH SOLE 2740 7480 0 K-SWISS INC CL A COM 482686102 229 15610 SH SOLE 6930 8680 0 L S I LOGIC CORP COM 502161102 416 67829 SH SOLE 6630 61199 0 LA Z BOY INC COM 505336107 251 32820 SH SOLE 21510 11310 0 LABORATORY CORP AMER HLDGS COM 50540R409 1229 17649 SH SOLE 4160 13489 0 LABRANCHE & CO INC COM 505447102 97 13750 SH SOLE 1780 11970 0 LACLEDE GROUP INC COM 505597104 358 8880 SH SOLE 3690 5190 0 LAM RESEARCH CORP COM 512807108 299 8281 SH SOLE 4960 3321 0 LAMAR ADVERTISING CO CL A COM 512815101 211 5845 SH SOLE 3330 2515 0 LANDAMERICA FINANCIAL GROUP IN COM 514936103 231 10420 SH SOLE 6950 3470 0 LANDSTAR SYSTEMS INC COM 515098101 1262 22845 SH SOLE 4460 18385 0 LAUDER ESTEE COS INC CL A COM 518439104 1024 22037 SH SOLE 6670 15367 0 LCA-VISION INC PAR $.001 COM 501803308 68 14220 SH SOLE 8020 6200 0 LEE ENTERPRISES INC COM 523768109 45 11370 SH SOLE 11060 310 0 LEGG MASON INC COM 524901105 551 12635 SH SOLE 590 12045 0 LEGGETT & PLATT INC COM 524660107 513 30578 SH SOLE 13550 17028 0 LEHMAN BROTHERS HOLDINGS INC COM 524908100 1043 52661 SH SOLE 5010 47651 0 LENNAR CORP COM 526057104 518 41960 SH SOLE 30540 11420 0 LENNOX INTL INC COM 526107107 479 16540 SH SOLE 2280 14260 0 LEUCADIA NATIONAL CORP COM 527288104 530 11290 SH SOLE 0 11290 0 LEVEL 3 COMMUNICATIONS INC COM 52729N100 64 21746 SH SOLE 0 21746 0 LEXINGTON CORPORATE PPTYS COM 529043101 274 20090 SH SOLE 5830 14260 0 LEXMARK INTL INC CL A COM 529771107 585 17485 SH SOLE 9050 8435 0 LHC GROUP INC COM 50187A107 236 10160 SH SOLE 6610 3550 0 LIBERTY GLOBAL INC COM SER A COM 530555101 208 6631 SH SOLE 0 6631 0 LIBERTY MEDIA CORP NEW ENT SER COM 53071M500 315 12994 SH SOLE 0 12994 0 LIBERTY PPTY TR SH BEN INT COM 531172104 254 7650 SH SOLE 5790 1860 0 LILLY, ELI & COMPANY COM 532457108 6600 142984 SH SOLE 8970 134014 0 LIMITED INC COM 532716107 689 40888 SH SOLE 9770 31118 0 LINCARE HOLDINGS INC COM 532791100 220 7750 SH SOLE 4960 2790 0 LINCOLN ELEC HLDGS INC COM 533900106 228 2899 SH SOLE 1760 1139 0 LINCOLN NATIONAL CORP COM 534187109 1383 30512 SH SOLE 4586 25926 0 PORTVUE-SEC13F.LNP CAPSTONE ASSET MANAGEMENT COMPANY PAGE 15 RUN DATE: 07/07/08 2:41 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 06/30/08 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- LINDSAY MANUFACTURING CO COM 535555106 323 3800 SH SOLE 470 3330 0 LINEAR TECHNOLOGY CORP COM 535678106 2956 90768 SH SOLE 2070 88698 0 LITHIA MTRS INC CL A COM 536797103 81 16420 SH SOLE 12840 3580 0 LITTELFUSE INC COM 537008104 230 7300 SH SOLE 1050 6250 0 LIVE NATION INC COM 538034109 244 23026 SH SOLE 6760 16266 0 LIZ CLAIBORNE INC COM 539320101 217 15336 SH SOLE 6580 8756 0 LKQ CORP COM 501889208 803 44450 SH SOLE 5500 38950 0 LLOYDS TSB GROUP ADR SPON COM 539439109 1483 60112 SH SOLE 16190 43922 0 LOCKHEED MARTIN CORP COM 539830109 2934 29736 SH SOLE 4560 25176 0 LOEWS CORP COM 540424108 1213 25864 SH SOLE 0 25864 0 LONGS DRUG STORES CORP COM 543162101 382 9070 SH SOLE 1950 7120 0 LOWES COS INC COM 548661107 6012 289742 SH SOLE 23880 265862 0 LTC PPTYS INC COM 502175102 239 9340 SH SOLE 2090 7250 0 LUBRIZOL CORP COM 549271104 212 4580 SH SOLE 3190 1390 0 LUFKIN INDS INC COM 549764108 399 4790 SH SOLE 660 4130 0 LUXOTTICA GROUP S P A ADR SPON COM 55068R202 323 13828 SH SOLE 2830 10998 0 L-3 COMMUNICATIONS HOLDINGS IN COM 502424104 5537 60928 SH SOLE 2830 58098 0 M B I A INC COM 55262C100 122 27691 SH SOLE 16760 10931 0 M D U RESOURCES GROUP INC COM 552690109 356 10210 SH SOLE 6400 3810 0 M & T BANK CORP COM 55261F104 683 9685 SH SOLE 1200 8485 0 MACERICH CO COM 554382101 316 5090 SH SOLE 3050 2040 0 MACK CALI RLTY CORP COM 554489104 203 5940 SH SOLE 4800 1140 0 MACYS INC COM 55616P104 978 50358 SH SOLE 11172 39186 0 MAGELLAN HEALTH SVCS INC COM 559079207 448 12110 SH SOLE 1660 10450 0 MAGNA INTL INC CL A COM 559222401 326 5500 SH SOLE 1470 4030 0 MANHATTAN ASSOCS INC COM 562750109 202 8520 SH SOLE 1020 7500 0 MANITOWOC CO COM 563571108 417 12830 SH SOLE 1180 11650 0 MANNATECH INC COM 563771104 145 26710 SH SOLE 21550 5160 0 MANPOWER INC WIS COM 56418H100 335 5756 SH SOLE 4040 1716 0 MANTECH INTL CORP CL A COM 564563104 314 6520 SH SOLE 820 5700 0 MANULIFE FINL CORP COM 56501R106 2449 70570 SH SOLE 18250 52320 0 MARATHON OIL CORP COM 565849106 3613 69660 SH SOLE 5670 63990 0 MARRIOTT INTL INC NEW CL A COM 571903202 1170 44578 SH SOLE 3020 41558 0 MARSH & MCLENNAN COS INC COM 571748102 1608 60568 SH SOLE 10670 49898 0 MARSHALL & ISLEY CORP COM 571837103 501 32696 SH SOLE 9790 22906 0 MARTEK BIOSCIENCES CORP COM 572901106 560 16600 SH SOLE 5690 10910 0 MARTIN MARIETTA MATERIALS INC COM 573284106 295 2852 SH SOLE 1720 1132 0 MASCO CORP COM 574599106 752 47817 SH SOLE 12850 34967 0 MASSEY ENERGY CORP COM 576206106 2098 22380 SH SOLE 3050 19330 0 MASTERCARD INC COM 57636Q104 422 1590 SH SOLE 0 1590 0 MATSUSHITA ELEC INDL LTD ADR R COM 576879209 1782 83175 SH SOLE 22790 60385 0 MATTEL INC COM 577081102 3576 208861 SH SOLE 8110 200751 0 MAXIMUS INC COM 577933104 214 6160 SH SOLE 960 5200 0 MCAFEE INC COM 579064106 436 12817 SH SOLE 8090 4727 0 MCCORMICK & CO INC COM 579780206 676 18960 SH SOLE 2130 16830 0 MCDERMOTT INTL INC COM 580037109 276 4460 SH SOLE 0 4460 0 MCDONALDS CORP COM 580135101 11266 200393 SH SOLE 9620 190773 0 MCGRAW-HILL COMPANIES INC COM 580645109 5576 138984 SH SOLE 7020 131964 0 MCKESSON H B O C INC COM 58155Q103 2007 35896 SH SOLE 5230 30666 0 MDS INC COM 55269P302 204 12605 SH SOLE 2610 9995 0 MEADWESTVACO CORPORATION COM 583334107 540 22662 SH SOLE 5490 17172 0 PORTVUE-SEC13F.LNP CAPSTONE ASSET MANAGEMENT COMPANY PAGE 16 RUN DATE: 07/07/08 2:41 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 06/30/08 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- MEDCO HEALTH SOLUTIONS INC COM 58405U102 2787 59044 SH SOLE 4800 54244 0 MEDICAL PPTYS TRUST INC COM 58463J304 186 18390 SH SOLE 7090 11300 0 MEDTRONIC INC COM 585055106 7237 139838 SH SOLE 15140 124698 0 MEMC ELECTR MATLS INC COM 552715104 1560 25355 SH SOLE 3370 21985 0 MENS WEARHOUSE INC COM 587118100 273 16760 SH SOLE 2210 14550 0 MENTOR CORP MINN COM 587188103 305 10970 SH SOLE 1410 9560 0 MERCK & CO INC COM 589331107 6727 178489 SH SOLE 17670 160819 0 MERCURY GEN CORP COM 589400100 287 6140 SH SOLE 2900 3240 0 MERIDIAN BIOSCIENCE INC COM 589584101 350 13000 SH SOLE 1330 11670 0 MERIT MED SYS INC COM 589889104 183 12420 SH SOLE 3440 8980 0 MERITAGE CORP COM 59001A102 277 18230 SH SOLE 8600 9630 0 MERRILL LYNCH & CO INC COM 590188108 6075 191590 SH SOLE 9502 182088 0 METHODE ELECTRS INC CL A COM 591520200 118 11330 SH SOLE 2880 8450 0 METLIFE INC COM 59156R108 3656 69280 SH SOLE 5850 63430 0 MICREL INC COM 594793101 124 13530 SH SOLE 1560 11970 0 MICROCHIP TECHNOLOGY INC COM 595017104 5911 193545 SH SOLE 1970 191575 0 MICRON TECHNOLOGY INC COM 595112103 574 95588 SH SOLE 31080 64508 0 MICROS SYSTEMS INC COM 594901100 967 31720 SH SOLE 4630 27090 0 MICROSEMI CORP COM 595137100 597 23690 SH SOLE 2860 20830 0 MICROSOFT CORP COM 594918104 34752 1263248 SH SOLE 71660 1191588 0 MID-AMER APT CMNTYS INC COM 59522J103 438 8580 SH SOLE 2670 5910 0 MILLIPORE CORP COM 601073109 363 5348 SH SOLE 570 4778 0 MITSUBISHI UFJ FINL GROUP INSP COM 606822104 3454 392485 SH SOLE 107640 284845 0 MITSUI & CO LTD ADR COM 606827202 1583 3590 SH SOLE 977 2613 0 MIZUHO FINL GROUP INC SPONSORE COM 60687Y109 1960 211410 SH SOLE 57850 153560 0 MKS INSTRS INC COM 55306N104 282 12890 SH SOLE 1800 11090 0 MOBILE MINI INC COM 60740F105 234 11690 SH SOLE 1290 10400 0 MOBILE TELESYSTEMS OJSC ADR SP COM 607409109 250 3260 SH SOLE 2640 620 0 MOHAWK INDS INC COM 608190104 222 3460 SH SOLE 2360 1100 0 MOLEX INC COM 608554101 368 15073 SH SOLE 1230 13843 0 MOLSON COORS BREWING COMPANY COM 60871R209 484 8916 SH SOLE 0 8916 0 MONACO COACH CORP COM 60886R103 58 19070 SH SOLE 12450 6620 0 MONSANTO CO COM 61166W101 7296 57707 SH SOLE 4190 53517 0 MONSTER WORLDWIDE INC COM 611742107 273 13240 SH SOLE 1190 12050 0 MOODYS CORP COM 615369105 1145 33255 SH SOLE 13200 20055 0 MOOG INC CL A COM 615394202 506 13575 SH SOLE 1710 11865 0 MORGAN STANLEY DEAN WITTER & C COM 617446448 3958 109736 SH SOLE 11630 98106 0 MOTOROLA INC COM 620076109 1831 249450 SH SOLE 39580 209870 0 MTS SYS CORP COM 553777103 212 5920 SH SOLE 870 5050 0 MUELLER INDS INC COM 624756102 374 11600 SH SOLE 2450 9150 0 MURPHY OIL CORP COM 626717102 2345 23916 SH SOLE 4680 19236 0 MYLAN LABS INC COM 628530107 357 29580 SH SOLE 3930 25650 0 M/I SCHOTTENSTEIN HOMES INC COM 55305B101 222 14130 SH SOLE 11280 2850 0 N C R CORP COM 62886E108 277 11010 SH SOLE 6250 4760 0 N T T DOCOMO INC COM 62942M201 1123 76940 SH SOLE 19790 57150 0 N V R INC COM 62944T105 278 555 SH SOLE 474 81 0 NABORS INDUSTRIES LTD COM G6359F103 1511 30690 SH SOLE 2570 28120 0 NARA BANCORP INC COM 63080P105 147 13740 SH SOLE 5340 8400 0 NASH FINCH CO COM 631158102 247 7220 SH SOLE 4060 3160 0 NATCO GROUP INC CL A COM 63227W203 330 6050 SH SOLE 780 5270 0 NATIONAL BK GREECE S A SPONSOR COM 633643408 749 83850 SH SOLE 23057 60793 0 PORTVUE-SEC13F.LNP CAPSTONE ASSET MANAGEMENT COMPANY PAGE 17 RUN DATE: 07/07/08 2:41 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 06/30/08 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- NATIONAL CITY CORP COM 635405103 390 81814 SH SOLE 27179 54635 0 NATIONAL FINL PARTNERS CORP COM 63607P208 259 13070 SH SOLE 1810 11260 0 NATIONAL FUEL & GAS CO COM 636180101 312 5240 SH SOLE 3170 2070 0 NATIONAL GRID PLC SPON ADR COM 636274300 1878 28475 SH SOLE 7080 21395 0 NATIONAL PENN BANCSHARES INC COM 637138108 283 21280 SH SOLE 5100 16180 0 NATIONAL RETAIL PROPERTIES INC COM 637417106 423 20260 SH SOLE 4280 15980 0 NATIONAL SEMICONDUCTOR CORP COM 637640103 705 34336 SH SOLE 9200 25136 0 NATIONAL-OILWELL INC COM 637071101 9423 106209 SH SOLE 2946 103263 0 NAUTILUS GROUP INC COM 63910B102 123 24290 SH SOLE 17090 7200 0 NAVIGATORS GROUP INC COM 638904102 244 4520 SH SOLE 700 3820 0 NCI BLDG SYS INC COM 628852105 241 6570 SH SOLE 2110 4460 0 NETAPP INC COM 64110D104 1018 47004 SH SOLE 12000 35004 0 NETGEAR INC COM 64111Q104 247 17800 SH SOLE 5730 12070 0 NEW JERSEY RESOURCES CORP COM 646025106 410 12565 SH SOLE 2610 9955 0 NEW YORK COMMUNITY BANCORP INC COM 649445103 362 20303 SH SOLE 14080 6223 0 NEW YORK TIMES CO COM 650111107 491 31934 SH SOLE 17080 14854 0 NEWELL RUBBERMAID INC COM 651229106 507 30218 SH SOLE 3200 27018 0 NEWFIELD EXPLORATION CO COM 651290108 551 8440 SH SOLE 6020 2420 0 NEWMARKET CORP COM 651587107 484 7310 SH SOLE 2050 5260 0 NEWMONT MINING CORP COM 651639106 2545 48788 SH SOLE 4390 44398 0 NEWS CORP CL A COM 65248E104 3071 204220 SH SOLE 0 204220 0 NEXEN INC COM 65334H102 916 23045 SH SOLE 6040 17005 0 NICOR INC COM 654086107 373 8750 SH SOLE 6270 2480 0 NIKE INC CL B COM 654106103 9349 156828 SH SOLE 5830 150998 0 NIPPON TELEG & TEL CORP ADR SP COM 654624105 1911 78650 SH SOLE 20880 57770 0 NISOURCE INC COM 65473P105 964 53811 SH SOLE 24310 29501 0 NISSAN MOTORS SPONSORED ADR COM 654744408 756 45970 SH SOLE 12490 33480 0 NOBLE CORPORATION COM G65422100 8271 127330 SH SOLE 2440 124890 0 NOBLE ENERGY INC COM 655044105 1768 17580 SH SOLE 1210 16370 0 NOKIA CORP ADR SPONSORED COM 654902204 3979 162428 SH SOLE 44270 118158 0 NOMURA HLDGS INC SPONSORED ADR COM 65535H208 1161 78740 SH SOLE 21660 57080 0 NORDSTROM INC COM 655664100 631 20810 SH SOLE 1500 19310 0 NORFOLK SOUTHERN CORP COM 655844108 2494 39796 SH SOLE 3250 36546 0 NORTEL NETWORKS CORP COM 656568508 118 14356 SH SOLE 4528 9828 0 NORTHEAST UTILITIES COM 664397106 220 8620 SH SOLE 5390 3230 0 NORTHERN TRUST CORP COM 665859104 1471 21451 SH SOLE 870 20581 0 NORTHROP GRUMMAN CORP COM 666807102 1812 27080 SH SOLE 3630 23450 0 NORTHWEST NATURAL GAS CO COM 667655104 378 8170 SH SOLE 1820 6350 0 NOVARTIS AG SPONSORED ADR COM 66987V109 2808 51020 SH SOLE 32600 18420 0 NOVELL INC COM 670006105 214 36313 SH SOLE 4510 31803 0 NOVELLUS SYSTEMS INC COM 670008101 261 12320 SH SOLE 1180 11140 0 NOVO-NORDISK A S ADR COM 670100205 637 9654 SH SOLE 5220 4434 0 NSTAR COM 67019E107 267 7880 SH SOLE 4670 3210 0 NUCOR CORP COM 670346105 2785 37296 SH SOLE 8830 28466 0 NUTRI SYS INC COM 67069D108 268 18950 SH SOLE 8200 10750 0 NVIDIA CORP COM 67066G104 1163 62143 SH SOLE 9975 52168 0 NYSE EURONEXT COM 629491101 1436 28341 SH SOLE 3170 25171 0 O CHARLEYS INC COM 670823103 112 11140 SH SOLE 6040 5100 0 O G E ENERGY CORP COM 670837103 227 7150 SH SOLE 4550 2600 0 O M GROUP INC COM 670872100 265 8070 SH SOLE 1310 6760 0 OCCIDENTAL PETROLEUM CORP COM 674599105 7434 82728 SH SOLE 6382 76346 0 PORTVUE-SEC13F.LNP CAPSTONE ASSET MANAGEMENT COMPANY PAGE 18 RUN DATE: 07/07/08 2:41 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 06/30/08 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- OCEANEERING INTL INC COM 675232102 1371 17800 SH SOLE 2920 14880 0 OFFICE DEPOT INC COM 676220106 421 38440 SH SOLE 14190 24250 0 OFFICEMAX INC COM 67622P101 418 30106 SH SOLE 23910 6196 0 OLD DOMINION FGHT LINES INC COM 679580100 305 10170 SH SOLE 1065 9105 0 OLD NATL BANCORP IND COM 680033107 254 17820 SH SOLE 4970 12850 0 OLD REPUBLIC INTL CORP COM 680223104 219 18506 SH SOLE 13090 5416 0 OLYMPIC STEEL INC COM 68162K106 214 2820 SH SOLE 370 2450 0 OMNICARE INC COM 681904108 264 10075 SH SOLE 7340 2735 0 OMNICELL INC COM 68213N109 137 10360 SH SOLE 1190 9170 0 OMNICOM GROUP COM 681919106 2623 58444 SH SOLE 7410 51034 0 OMNOVA SOLUTIONS INC COM 682129101 45 16130 SH SOLE 6440 9690 0 ONEOK INC COM 682680103 384 7870 SH SOLE 5590 2280 0 OPTIONSXPRESS HLDGS INC COM 684010101 451 20170 SH SOLE 6060 14110 0 ORACLE SYSTEMS CORP COM 68389X105 13250 630936 SH SOLE 45971 584965 0 ORBITAL SCIENCES CORP COM 685564106 659 27950 SH SOLE 5300 22650 0 ORIX CORP ADR SPONSORED COM 686330101 559 7750 SH SOLE 2160 5590 0 OWENS & MINOR INC COM 690732102 553 12110 SH SOLE 2660 9450 0 P F CHANGS CHINA BISTRO INC COM 69333Y108 276 12370 SH SOLE 4020 8350 0 P G&E CORP COM 69331C108 1680 42318 SH SOLE 6780 35538 0 P N C FINANCIAL CORP COM 693475105 1987 34799 SH SOLE 2704 32095 0 P P G INDS INC COM 693506107 1006 17534 SH SOLE 1220 16314 0 P P L CORP COM 69351T106 4621 88412 SH SOLE 4000 84412 0 P S S WORLD MEDICAL INC COM 69366A100 341 20940 SH SOLE 2120 18820 0 PACCAR INC COM 693718108 1653 39512 SH SOLE 2995 36517 0 PACTIV CORP COM 695257105 451 21228 SH SOLE 7810 13418 0 PALL CORP COM 696429307 496 12496 SH SOLE 1130 11366 0 PALM INC COM 696643105 74 13680 SH SOLE 13080 600 0 PALOMAR MED TECHNOLOGIES INC COM 697529303 150 14980 SH SOLE 8390 6590 0 PANERA BREAD CO CL A COM 69840W108 694 15000 SH SOLE 4210 10790 0 PAPA JOHNS INTL INC COM 698813102 285 10730 SH SOLE 3900 6830 0 PAREXEL INTL CORP COM 699462107 439 16690 SH SOLE 1820 14870 0 PARKER HANNIFIN CORP COM 701094104 1241 17397 SH SOLE 855 16542 0 PARKWAY PPTYS INC SHS BEN INT COM 70159Q104 230 6830 SH SOLE 3120 3710 0 PATRIOT COAL CORP COM 70336T104 1401 9137 SH SOLE 1060 8077 0 PATTERSON COS INC COM 703395103 774 26350 SH SOLE 9450 16900 0 PATTERSON-UTI ENERGY INC COM 703481101 322 8900 SH SOLE 5320 3580 0 PAYCHEX INC COM 704326107 3012 96286 SH SOLE 3780 92506 0 PEABODY ENERGY CORP COM 704549104 2467 28020 SH SOLE 2170 25850 0 PEARSON PLC ADR SPONSORED COM 705015105 508 41460 SH SOLE 10970 30490 0 PEDIATRIX MEDICAL GROUP COM 705324101 810 16446 SH SOLE 2850 13596 0 PENN VIRGINIA CORP COM 707882106 1291 17120 SH SOLE 3300 13820 0 PENN WEST ENERGY TR UNIT COM 707885109 775 22900 SH SOLE 5440 17460 0 PENNEY J C INC COM 708160106 853 23512 SH SOLE 4110 19402 0 PENNSYLVANIA REAL ESTATE INV S COM 709102107 342 14800 SH SOLE 5300 9500 0 PENTAIR INC COM 709631105 200 5720 SH SOLE 3770 1950 0 PEP BOYS MANNY MOE & JACK COM 713278109 181 20710 SH SOLE 11480 9230 0 PEPCO HLDGS INC COM 713291102 696 27135 SH SOLE 11110 16025 0 PEPSI BOTTLING GROUP INC COM 713409100 677 24260 SH SOLE 8790 15470 0 PEPSICO INC COM 713448108 20955 329535 SH SOLE 15510 314025 0 PERKINELMER INC COM 714046109 452 16214 SH SOLE 1920 14294 0 PETMED EXPRESS INC COM 716382106 227 18540 SH SOLE 10640 7900 0 PORTVUE-SEC13F.LNP CAPSTONE ASSET MANAGEMENT COMPANY PAGE 19 RUN DATE: 07/07/08 2:41 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 06/30/08 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- PETROBRAS BRASILEIRO ADR SPONS COM 71654V408 1234 17420 SH SOLE 13900 3520 0 PETROBRAS BRASILEIRO SPONSORED COM 71654V101 5145 88790 SH SOLE 37100 51690 0 PETROCHINA CO LTD SPONSORED AD COM 71646E100 1958 15198 SH SOLE 4490 10708 0 PETROLEUM DEV CORP COM 716578109 580 8730 SH SOLE 2470 6260 0 PETROQUEST ENERGY INC COM 716748108 483 17950 SH SOLE 1330 16620 0 PETRO-CDA COM 71644E102 1193 21395 SH SOLE 5540 15855 0 PFIZER INC COM 717081103 8761 501462 SH SOLE 0 501462 0 PHARMACEUTICAL PRODUCT DEVELOP COM 717124101 383 8920 SH SOLE 5530 3390 0 PHARMACEUTICALS INC COM 495582108 302 28868 SH SOLE 3280 25588 0 PHARMERICA CORP COM 71714F104 329 14582 SH SOLE 4390 10192 0 PHASE FORWARD INC COM 71721R406 223 12390 SH SOLE 1420 10970 0 PHILADELPHIA CONS HLDG CORP COM 717528103 841 24763 SH SOLE 4330 20433 0 PHILIP MORRIS INTL INC COM 718172109 7016 142058 SH SOLE 0 142058 0 PHILIPS ELECTRONICS - NY SHR COM 500472303 1646 48713 SH SOLE 12970 35743 0 PHOTRONICS INC COM 719405102 110 15570 SH SOLE 6300 9270 0 PIEDMONT NATURAL GAS INC COM 720186105 535 20470 SH SOLE 3660 16810 0 PINNACLE WEST CAPTIAL CORP COM 723484101 1960 63689 SH SOLE 8250 55439 0 PIONEER DRILLING CO COM COM 723655106 293 15570 SH SOLE 1560 14010 0 PIONEER NATURAL RESOURCES CO COM 723787107 629 8030 SH SOLE 5690 2340 0 PITNEY BOWES INC COM 724479100 3108 91150 SH SOLE 8990 82160 0 PLAINS EXPLORATION & PROD COCO COM 726505100 501 6871 SH SOLE 4260 2611 0 PLEXUS CORP COM 729132100 375 13540 SH SOLE 1700 11840 0 PLUM CREEK TIMBER CO INC COM 729251108 912 21345 SH SOLE 1580 19765 0 POLARIS INDS INC COM 731068102 589 14580 SH SOLE 3070 11510 0 POLO RALPH LAUREN CORP CL A ST COM 731572103 519 8261 SH SOLE 2540 5721 0 POLYONE CORP COM 73179P106 255 36640 SH SOLE 16070 20570 0 POOL CORP COM 73278L105 398 22395 SH SOLE 6860 15535 0 PORTFOLIO RECOVERY ASSOCS IN COM 73640Q105 341 9090 SH SOLE 3550 5540 0 PORTUGAL TELCM SGPS SA SPONSOR COM 737273102 1869 166237 SH SOLE 11700 154537 0 POSCO SPONSORED ADR COM 693483109 2097 16159 SH SOLE 6830 9329 0 POTASH CORP SASK INC COM 73755L107 2890 12645 SH SOLE 3540 9105 0 PRAXAIR INC COM 74005P104 4187 44426 SH SOLE 2190 42236 0 PRE PAID LEGAL SERVICES INC COM 740065107 214 5270 SH SOLE 2370 2900 0 PRECISION CASTPARTS CORP COM 740189105 7649 79367 SH SOLE 880 78487 0 PRIDE INTERNATIONAL INC COM 74153Q102 478 10110 SH SOLE 6010 4100 0 PRINCIPAL FINL GROUP INC COM 74251V102 1138 27110 SH SOLE 2340 24770 0 PRIVATEBANCORP INC COM 742962103 325 10710 SH SOLE 2720 7990 0 PROASSURANCE CORP COM 74267C106 535 11120 SH SOLE 1480 9640 0 PROCTER & GAMBLE COM 742718109 26642 438118 SH SOLE 24231 413887 0 PROGRESS ENERGY COM 743263105 1503 35933 SH SOLE 8310 27623 0 PROGRESS SOFTWARE CORP COM 743312100 392 15320 SH SOLE 1570 13750 0 PROGRESSIVE CORP OHIO COM 743315103 1876 100220 SH SOLE 29190 71030 0 PROLOGIS COM 743410102 1352 24870 SH SOLE 1650 23220 0 PROSPERITY BANCSHARES INC COM 743606105 326 12200 SH SOLE 1780 10420 0 PROTECTIVE LIFE CORP COM 743674103 239 6270 SH SOLE 4630 1640 0 PROVIDENT BANKSHARES CORP COM 743859100 73 11500 SH SOLE 4400 7100 0 PRUDENTIAL FINL INC COM 744320102 5803 97135 SH SOLE 2985 94150 0 PRUDENTIAL PLC ADR COM 74435K204 1173 55280 SH SOLE 14520 40760 0 PS BUSINESS PKS INC CALIF COM 69360J107 265 5140 SH SOLE 1430 3710 0 PSYCHIATRIC SOLUTIONS INC COM 74439H108 263 6940 SH SOLE 6590 350 0 PUBLIC SERVICE ENTERPRISES COM 744573106 2687 58500 SH SOLE 5166 53334 0 PORTVUE-SEC13F.LNP CAPSTONE ASSET MANAGEMENT COMPANY PAGE 20 RUN DATE: 07/07/08 2:41 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 06/30/08 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- PUBLIC STORAGE 6.450% SERIES F PREFERRED STOCKS 74460D380 665 34600 SH SOLE 0 34600 0 PUBLIC STORAGE INC COM 74460D109 978 12107 SH SOLE 437 11670 0 PUGET ENERGY INC COM 745310102 206 8580 SH SOLE 5610 2970 0 PULTE CORP COM 745867101 193 19996 SH SOLE 1750 18246 0 QLOGIC CORP COM 747277101 425 29140 SH SOLE 14840 14300 0 QUALCOMM INC COM 747525103 14397 324479 SH SOLE 19480 304999 0 QUALITY SYS INC COM 747582104 323 11020 SH SOLE 4250 6770 0 QUANEX BUILDING PRODUCTS CORCO COM 747619104 203 13657 SH SOLE 2565 11092 0 QUANTA SERVICES INC COM 74762E102 341 10246 SH SOLE 6340 3906 0 QUEST DIAGNOSTICS INC COM 74834L100 1233 25430 SH SOLE 6130 19300 0 QUESTAR CORP COM 748356102 1742 24520 SH SOLE 5120 19400 0 QUICKSILVER RES INC COM 74837R104 309 8000 SH SOLE 5470 2530 0 QUIKSILVER INC COM 74838C106 393 39970 SH SOLE 4150 35820 0 QWEST COMMUNICATIONS INTL INC COM 749121109 613 156032 SH SOLE 14500 141532 0 R L I CORP ILL COM 749607107 322 6500 SH SOLE 980 5520 0 R T I INTL METALS INC COM 74973W107 262 7360 SH SOLE 1040 6320 0 RADIO ONE INC CL D NON VTG COM 75040P405 33 25310 SH SOLE 3110 22200 0 RADIOSHACK CORP COM 750438103 163 13275 SH SOLE 1290 11985 0 RALCORP HOLDINGS INC COM 751028101 440 8900 SH SOLE 1150 7750 0 RANGE RES CORP COM 75281A109 1046 15955 SH SOLE 1290 14665 0 RAYONIER INC COM 754907103 412 9692 SH SOLE 2930 6762 0 RAYTHEON CO COM 755111507 1936 34404 SH SOLE 3880 30524 0 REED ELSEVIER N V SPONS ADR COM 758204200 634 18922 SH SOLE 4753 14169 0 REED ELSEVIER P L C SPONS ADR COM 758205207 816 17924 SH SOLE 4457 13467 0 REGAL BELOIT CORP COM 758750103 368 8720 SH SOLE 1460 7260 0 REGENCY CTRS CORP COM 758849103 264 4470 SH SOLE 2960 1510 0 REGENERON PHARMACEUTICALS COM 75886F107 291 20140 SH SOLE 2330 17810 0 REGIONS FINANCIAL CORP COM 7591EP100 937 85865 SH SOLE 18002 67863 0 RELIANCE STEEL & ALUMINUM CO COM 759509102 273 3540 SH SOLE 2410 1130 0 REPSOL YPF S A ADR SPONSORED COM 76026T205 1591 40519 SH SOLE 10480 30039 0 REPUBLIC SVCS INC COM 760759100 328 11055 SH SOLE 5140 5915 0 RESEARCH IN MOTION LTD COM 760975102 2249 19240 SH SOLE 5280 13960 0 RESMED INC COM 761152107 251 7010 SH SOLE 4390 2620 0 REYNOLDS AMERICAN INC COM 761713106 436 9340 SH SOLE 0 9340 0 RIO TINTO PLC ADR SPONSORED COM 767204100 4416 8922 SH SOLE 2491 6431 0 ROBBINS & MYERS INC COM 770196103 511 10240 SH SOLE 1380 8860 0 ROBERT HALF INTL INC COM 770323103 422 17600 SH SOLE 1710 15890 0 ROCKWELL AUTOMATION INC COM 773903109 797 18232 SH SOLE 3070 15162 0 ROCKWELL COLLINS INC COM 774341101 1104 23022 SH SOLE 4670 18352 0 ROCK-TENN CO CL A COM 772739207 356 11870 SH SOLE 4330 7540 0 ROGERS COMMUNICATIONS INC CL B COM 775109200 888 22965 SH SOLE 6410 16555 0 ROGERS CORP COM 775133101 264 7030 SH SOLE 910 6120 0 ROHM & HAAS CO COM 775371107 750 16149 SH SOLE 1380 14769 0 ROPER INDS INC COM 776696106 414 6280 SH SOLE 3550 2730 0 ROSS STORES INC COM 778296103 425 11970 SH SOLE 8290 3680 0 ROWAN COMPANIES INC COM 779382100 543 11613 SH SOLE 1040 10573 0 ROYAL BK CDA MONTREAL QUE COM 780087102 2515 56295 SH SOLE 15250 41045 0 ROYAL BK SCOTLAND GROUP PLC SP COM 780097721 1710 398535 SH SOLE 110080 288455 0 ROYAL DUTCH SHELL PLC SPON ADR COM 780259107 4686 58495 SH SOLE 16190 42305 0 ROYAL DUTCH SHELL PLC SPONS AD COM 780259206 6041 73934 SH SOLE 19720 54214 0 RUDOLPH TECHNOLOGIES INC COM 781270103 78 10130 SH SOLE 3580 6550 0 PORTVUE-SEC13F.LNP CAPSTONE ASSET MANAGEMENT COMPANY PAGE 21 RUN DATE: 07/07/08 2:41 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 06/30/08 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- RUSSELL INVT CO INTL SECS MUTUAL FUNDS 782493845 253 3982 SH SOLE 0 3982 0 RYANAIR HLDGS PLC ADR SPONSORE COM 783513104 359 12520 SH SOLE 3440 9080 0 RYDER SYSTEM INC COM 783549108 786 11410 SH SOLE 5800 5610 0 S E I INVESTMENTS CO COM 784117103 245 10430 SH SOLE 6860 3570 0 S L M CORPORATION COM 78442P106 1282 66235 SH SOLE 20660 45575 0 S P S S INC COM 78462K102 327 8990 SH SOLE 2760 6230 0 S P X CORP COM 784635104 456 3460 SH SOLE 2120 1340 0 S W S GROUP INC COM 78503N107 212 12740 SH SOLE 7675 5065 0 SAFECO CORP COM 786429100 1094 16290 SH SOLE 6650 9640 0 SAFETY INS GROUP INC COM 78648T100 252 7060 SH SOLE 3280 3780 0 SAFEWAY INC COM 786514208 1387 48575 SH SOLE 7120 41455 0 SALIX PHARMACEUTICALS LTD COM 795435106 104 14800 SH SOLE 1520 13280 0 SANDISK CORP COM 80004C101 594 31789 SH SOLE 10990 20799 0 SANOFI-SYNTHELABO COM 80105N105 436 13128 SH SOLE 0 13128 0 SANTOS LTD ADR SPONSORED COM 803021609 4408 52998 SH SOLE 1840 51158 0 SAP AG ADR SPON COM 803054204 2152 41290 SH SOLE 10800 30490 0 SARA LEE CORP COM 803111103 970 79188 SH SOLE 7840 71348 0 SASOL LTD SPONSORED ADR COM 803866300 451 7658 SH SOLE 6140 1518 0 SCANA CORP COM 80589M102 815 22031 SH SOLE 5720 16311 0 SCANSOURCE INC COM 806037107 309 11530 SH SOLE 2910 8620 0 SCHEIN HENRY INC COM 806407102 398 7710 SH SOLE 4160 3550 0 SCHERING PLOUGH CORP COM 806605101 3045 154641 SH SOLE 13260 141381 0 SCHLUMBERGER COM 806857108 14129 131515 SH SOLE 12170 119345 0 SCHULMAN A INC COM 808194104 242 10500 SH SOLE 4120 6380 0 SCHWAB CHARLES CORP COM 808513105 2967 144433 SH SOLE 8380 136053 0 SCIELE PHARMA INC COM 808627103 313 16190 SH SOLE 4340 11850 0 SCRIPPS E W CO OHIO CL A COM 811054204 616 14820 SH SOLE 3080 11740 0 SEACOR SMIT INC COM 811904101 716 7995 SH SOLE 1020 6975 0 SEALED AIR CORP COM 81211K100 319 16777 SH SOLE 1650 15127 0 SEARS HLDGS CORP COM 812350106 883 11993 SH SOLE 5510 6483 0 SECURE COMPUTING CORP COM 813705100 120 28990 SH SOLE 10630 18360 0 SELECT COMFORT CORP OC-CAP STK COM 81616X103 42 25855 SH SOLE 10810 15045 0 SELECT SECTOR SPDR TR SBI INT- COM 81369Y605 950 46900 SH SOLE 0 46900 0 SELECTIVE INSURANCE GROUP INC COM 816300107 295 15710 SH SOLE 3810 11900 0 SEMPRA ENERGY CORP COM 816851109 1636 28990 SH SOLE 2670 26320 0 SENIOR HOUSING PROPERTY TRUST COM 81721M109 502 25690 SH SOLE 5570 20120 0 SEPRACOR INC COM 817315104 260 13040 SH SOLE 9820 3220 0 SERVICE CORP INTL COM 817565104 141 14300 SH SOLE 8610 5690 0 SHAW COMMUNICATIONS INC CL B C COM 82028K200 1076 52850 SH SOLE 5300 47550 0 SHAW GROUP INC COM 820280105 327 5285 SH SOLE 3100 2185 0 SHERWIN WILLIAMS CO COM 824348106 565 12308 SH SOLE 920 11388 0 SHINHAN FINANCIAL GROUP CO LSP COM 824596100 957 10675 SH SOLE 4550 6125 0 SHIRE PHARMACEUTICALS GROUP AD COM 82481R106 435 8850 SH SOLE 0 8850 0 SIEMENS A G SPONSORED ADR COM 826197501 4197 38105 SH SOLE 10560 27545 0 SIERRA PACIFIC RESOURCES COM 826428104 156 12250 SH SOLE 8940 3310 0 SIGMA ALDRICH CORP COM 826552101 1044 19378 SH SOLE 4820 14558 0 SIGNATURE BK NEW YORK N Y COM 82669G104 246 9560 SH SOLE 1300 8260 0 SILICON LABORATORIES INC COM 826919102 230 6361 SH SOLE 4980 1381 0 SIMON PPTY GROUP INC COM 828806109 2144 23850 SH SOLE 1200 22650 0 SIMPSON MANUFACTURING CO INC COM 829073105 378 15920 SH SOLE 3790 12130 0 SIRIUS SATELLITE RADIO INC COM 82966U103 51 26800 SH SOLE 0 26800 0 PORTVUE-SEC13F.LNP CAPSTONE ASSET MANAGEMENT COMPANY PAGE 22 RUN DATE: 07/07/08 2:41 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 06/30/08 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- SK TELECOM LTD ADR SPONSORED COM 78440P108 447 21499 SH SOLE 8500 12999 0 SKYWEST INC COM 830879102 248 19590 SH SOLE 2350 17240 0 SKYWORKS SOLUTIONS INC COM 83088M102 447 45250 SH SOLE 4890 40360 0 SMITH A O CORP COM 831865209 249 7580 SH SOLE 2480 5100 0 SMITH INTL INC COM 832110100 2042 24564 SH SOLE 4170 20394 0 SMITH MICRO SOFTWARE INC COM 832154108 115 20120 SH SOLE 10430 9690 0 SMITH & NEPHEW P L C ADR SPONS COM 83175M205 596 10892 SH SOLE 2640 8252 0 SNAP ON TOOLS CORP COM 833034101 533 10255 SH SOLE 520 9735 0 SOCIEDA QUIMICA MIN DE CHILE COM 833635105 225 4835 SH SOLE 1380 3455 0 SONIC AUTOMOTIVE INC CL A COM 83545G102 188 14580 SH SOLE 7650 6930 0 SONIC CORP COM 835451105 372 25125 SH SOLE 5300 19825 0 SONIC SOLUTIONS COM 835460106 97 16260 SH SOLE 7890 8370 0 SONOCO PRODUCTS COM 835495102 217 7020 SH SOLE 4990 2030 0 SONY CORP - ADR COM 835699307 1365 31203 SH SOLE 0 31203 0 SOUTH FINANCIAL GROUP INC COM 837841105 86 22000 SH SOLE 5940 16060 0 SOUTH JERSEY INDS INC COM 838518108 304 8140 SH SOLE 1150 6990 0 SOUTHERN CO COM 842587107 2937 84099 SH SOLE 11050 73049 0 SOUTHERN UNION CO COM 844030106 910 33685 SH SOLE 5540 28145 0 SOUTHWEST AIRLINES CO COM 844741108 1052 80706 SH SOLE 8720 71986 0 SOUTHWEST GAS CORP COM 844895102 417 14020 SH SOLE 4340 9680 0 SOUTHWESTERN ENERGY CO COM 845467109 1035 21740 SH SOLE 14190 7550 0 SOVEREIGN BANCORP INC COM 845905108 406 55195 SH SOLE 24068 31127 0 SOVRAN SELF STORAGE INC COM 84610H108 305 7330 SH SOLE 2340 4990 0 SPARTAN STORES INC COM 846822104 213 9260 SH SOLE 4320 4940 0 SPECTRA ENERGY CORP COM 847560109 2441 84922 SH SOLE 25633 59289 0 SPECTRUM BRANDS INC COM 84762L105 43 17030 SH SOLE 7970 9060 0 SPHERION CORP COM 848420105 122 26450 SH SOLE 13950 12500 0 SPRINT CORP COM 852061100 2807 295463 SH SOLE 41772 253691 0 ST JUDE MEDICAL INC COM 790849103 1910 46728 SH SOLE 10050 36678 0 ST MARY LAND & EXPLORATION CO COM 792228108 1728 26740 SH SOLE 5100 21640 0 STAGE STORES INC COM 85254C305 273 23404 SH SOLE 10072 13332 0 STAMPS COM INC COM 852857200 139 11100 SH SOLE 5720 5380 0 STANDARD MICROSYSTEMS CORP COM 853626109 200 7350 SH SOLE 1040 6310 0 STANDARD MOTOR PRODUCTS INC COM 853666105 197 24180 SH SOLE 21490 2690 0 STANDARD PACIFIC CORP COM 85375C101 147 43520 SH SOLE 22750 20770 0 STANDARD REGISTER CO COM 853887107 109 11530 SH SOLE 8450 3080 0 STANLEY WORKS COM 854616109 366 8158 SH SOLE 650 7508 0 STAPLES INC COM 855030102 1841 77534 SH SOLE 6585 70949 0 STARBUCKS CORP COM 855244109 1568 99600 SH SOLE 24130 75470 0 STARWOOD HOTELS & RESORTS WRLD COM 85590A401 662 16510 SH SOLE 0 16510 0 STATE STREET CORP COM 857477103 2559 39988 SH SOLE 2717 37271 0 STATOIL ASA SPONSORED ADR COM 85771P102 1921 51393 SH SOLE 13667 37726 0 STEEL DYNAMICS INC COM 858119100 568 14550 SH SOLE 11010 3540 0 STEIN MART INC COM 858375108 187 41420 SH SOLE 35690 5730 0 STERICYCLE INC COM 858912108 356 6894 SH SOLE 3830 3064 0 STERLING BANCSHARES INC COM 858907108 168 18460 SH SOLE 2230 16230 0 STERLING FINL CORP WASH COM 859319105 67 16132 SH SOLE 4815 11317 0 STEWART INFORMATION SVCS COM 860372101 235 12130 SH SOLE 7950 4180 0 STMICROELECTRONICS N V SHS-N Y COM 861012102 277 26825 SH SOLE 7910 18915 0 STONE ENERGY CORP COM 861642106 577 8760 SH SOLE 1130 7630 0 STRATASYS INC COM 862685104 198 10710 SH SOLE 2570 8140 0 PORTVUE-SEC13F.LNP CAPSTONE ASSET MANAGEMENT COMPANY PAGE 23 RUN DATE: 07/07/08 2:41 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 06/30/08 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- STRAYER ED INC COM 863236105 316 1510 SH SOLE 1150 360 0 STRYKER CORP COM 863667101 8785 139707 SH SOLE 5750 133957 0 SUN LIFE FINL INC COM 866796105 1260 30765 SH SOLE 7620 23145 0 SUN MICROSYSTEMS INC CO COM 866810203 919 84489 SH SOLE 7867 76622 0 SUNCOR ENERGY INC COM 867229106 2263 38940 SH SOLE 10600 28340 0 SUNOCO INC COM 86764P109 773 19004 SH SOLE 7470 11534 0 SUNRISE ASSISTED LIVING INC COM 86768K106 421 18740 SH SOLE 4280 14460 0 SUNTRUST BANKS INC COM 867914103 1313 36240 SH SOLE 4060 32180 0 SUPERIOR ENERGY SVCS INC COM 868157108 278 5033 SH SOLE 2980 2053 0 SUPERIOR INDS INTL INC COM 868168105 188 11150 SH SOLE 5760 5390 0 SUPERIOR WELL SVCS INC COM 86837X105 261 8220 SH SOLE 2900 5320 0 SUPERVALU INC COM 868536103 900 29143 SH SOLE 9600 19543 0 SURMODICS INC COM 868873100 305 6800 SH SOLE 1550 5250 0 SUSQUEHANNA BANCSHARES INC COM 869099101 354 25839 SH SOLE 7010 18829 0 SWIFT ENERGY CO COM 870738101 676 10240 SH SOLE 1230 9010 0 SYMANTEC CORP COM 871503108 2045 105661 SH SOLE 21152 84509 0 SYMMETRICOM INC COM 871543104 62 16200 SH SOLE 6030 10170 0 SYMMETRY MED INC COM 871546206 188 11620 SH SOLE 1160 10460 0 SYNAPTICS INC COM 87157D109 300 7940 SH SOLE 1040 6900 0 SYNGENTA AG ADR SPONSORED COM 87160A100 1544 23860 SH SOLE 6200 17660 0 SYNNEX CORP COM 87162W100 283 11260 SH SOLE 7400 3860 0 SYNOPSYS INC COM 871607107 200 8360 SH SOLE 5190 3170 0 SYNOVUS FINANCIAL CORP COM 87161C105 145 16570 SH SOLE 10310 6260 0 SYSCO CORP COM 871829107 3543 128806 SH SOLE 6520 122286 0 T C F FINANCIAL CORP COM 872275102 505 41958 SH SOLE 6570 35388 0 T H Q INC COM 872443403 422 20807 SH SOLE 2520 18287 0 T J X COMPANIES INC COM 872540109 2256 71676 SH SOLE 15700 55976 0 T ROWE PRICE GROUP INC COM 74144T108 1592 28190 SH SOLE 2190 26000 0 TAIWAN SEMICONDUCTOR MFG CO AD COM 874039100 3096 283813 SH SOLE 114323 169490 0 TAKE-TWO INTERACTIVE SOFTWARE COM 874054109 393 15365 SH SOLE 0 15365 0 TALISMAN ENERGY INC COM 87425E103 956 43210 SH SOLE 11480 31730 0 TANGER FACTORY OUTLET CTRS COM 875465106 303 8430 SH SOLE 1320 7110 0 TARGET CORP COM 87612E106 10742 231063 SH SOLE 6240 224823 0 TDK CORP ADR COM 872351408 378 6305 SH SOLE 1740 4565 0 TECHNE CORP COM 878377100 260 3363 SH SOLE 2550 813 0 TECHNITROL INC COM 878555101 181 10670 SH SOLE 1530 9140 0 TECK COMINCO LTD CL B COM 878742204 1442 30078 SH SOLE 4720 25358 0 TECO ENERGY INC COM 872375100 817 38030 SH SOLE 16620 21410 0 TELE NORTE LESTE PART S A SPON COM 879246106 360 14445 SH SOLE 6220 8225 0 TELECOM CORP NEW ZEALAND LTDAD COM 879278208 268 19864 SH SOLE 5828 14036 0 TELECOM ITALIA S P A NEW SPONS COM 87927Y102 894 44797 SH SOLE 12050 32747 0 TELEDYNE TECHNOLOGIES INC COM 879360105 684 14020 SH SOLE 2230 11790 0 TELEFONICA S A ADR SPONSORED COM 879382208 5246 65915 SH SOLE 18720 47195 0 TELEFONOS DE MEXICO S A ADR RE COM 879403780 465 19625 SH SOLE 8020 11605 0 TELEPHONE & DATA SYSEMS INC COM 879433100 322 6820 SH SOLE 4320 2500 0 TELLABS INC COM 879664100 200 42999 SH SOLE 4204 38795 0 TELMEX INTERNACIONAL SAB DE SP COM 879690105 275 17085 SH SOLE 8020 9065 0 TELUS CORP NON-VTG SHS COM 87971M202 602 14921 SH SOLE 4080 10841 0 TENARIS S A SPONSORED ADR COM 88031M109 970 13014 SH SOLE 5510 7504 0 TENET HEALTHCARE CORP COM 88033G100 204 36636 SH SOLE 0 36636 0 TERADATA CORP COM 88076W103 501 21660 SH SOLE 2110 19550 0 PORTVUE-SEC13F.LNP CAPSTONE ASSET MANAGEMENT COMPANY PAGE 24 RUN DATE: 07/07/08 2:41 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 06/30/08 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- TERADYNE INC COM 880770102 200 18095 SH SOLE 1870 16225 0 TEREX CORP COM 880779103 674 13120 SH SOLE 3770 9350 0 TERRA INDS INC COM 880915103 360 7290 SH SOLE 5170 2120 0 TESORO PETE CORP COM 881609101 1845 93309 SH SOLE 1160 92149 0 TETRA TECH INC COM 88162G103 394 17400 SH SOLE 2020 15380 0 TETRA TECHNOLOGIES INC DEL COM 88162F105 596 25154 SH SOLE 2470 22684 0 TEVA PHARMACEUTICAL INDS LTDAD COM 881624209 650 14184 SH SOLE 11450 2734 0 TEXAS INDS INC COM 882491103 473 8420 SH SOLE 1200 7220 0 TEXAS INSTRUMENTS INC COM 882508104 7310 259580 SH SOLE 11460 248120 0 TEXAS ROADHOUSE INC CL A COM 882681109 152 16960 SH SOLE 1760 15200 0 TEXTRON INC COM 883203101 7076 147624 SH SOLE 2130 145494 0 THE MOSAIC COMPANY COM 61945A107 472 3260 SH SOLE 0 3260 0 THERMO ELECTRON CORP COM 883556102 2261 40570 SH SOLE 3730 36840 0 THOMSON CORP COM 884903105 387 12030 SH SOLE 2980 9050 0 THOMSON MULTIMEDIA ADR SPONSOR COM 885118109 55 10665 SH SOLE 3420 7245 0 THOMSON REUTERS PLC SPON ADR COM 885141101 334 2066 SH SOLE 608 1458 0 TIDEWATER INC COM 886423102 215 3300 SH SOLE 2140 1160 0 TIFFANY & CO COM 886547108 572 14030 SH SOLE 1090 12940 0 TIME WARNER INC COM 887317105 4258 287690 SH SOLE 0 287690 0 TIMKEN CO COM 887389104 204 6180 SH SOLE 4780 1400 0 TITANIUM METALS CORP COM 888339207 307 21977 SH SOLE 15740 6237 0 TOLL BROTHERS INC COM 889478103 224 11960 SH SOLE 9940 2020 0 TORCHMARK CORP COM 891027104 651 11104 SH SOLE 790 10314 0 TORO CO COM 891092108 554 16648 SH SOLE 2930 13718 0 TORONTO DOMINION BK ONT COM 891160509 1999 32099 SH SOLE 8560 23539 0 TOTAL FINA ELF S A ADR SPONS COM 89151E109 11162 130900 SH SOLE 27420 103480 0 TOTAL SYS SVCS INC COM 891906109 853 38367 SH SOLE 12101 26266 0 TOYOTA MTR CORP ADR 1 SH COM 892331307 5411 57565 SH SOLE 15750 41815 0 TRACTOR SUPPLY CO COM 892356106 419 14420 SH SOLE 3550 10870 0 TRADESTATION GROUP INC COM 89267P105 198 19510 SH SOLE 10250 9260 0 TRANSALTA CORP COM 89346D107 550 15170 SH SOLE 3350 11820 0 TRANSCANADA CORP COM 89353D107 1682 43391 SH SOLE 7870 35521 0 TRANSOCEAN INC COM G90073100 10819 70997 SH SOLE 4220 66777 0 TRAVELERS COMPANIES INC COM 89417E109 2986 68803 SH SOLE 8730 60073 0 TREEHOUSE FOODS INC COM 89469A104 201 8304 SH SOLE 1230 7074 0 TRIARC COS INC CL B SER 1 COM 895927309 169 26680 SH SOLE 12650 14030 0 TRIMBLE NAVIGATION LTD COM 896239100 1718 48110 SH SOLE 6010 42100 0 TRINITY INDS INC COM 896522109 220 6345 SH SOLE 4970 1375 0 TRONOX INC COM 897051207 77 25340 SH SOLE 16110 9230 0 TRUEBLUE INC COM 89785X101 179 13530 SH SOLE 1440 12090 0 TRUSTCO BANK CORP N Y COM 898349105 157 21180 SH SOLE 4380 16800 0 TTM TECHNOLOGIES INC COM 87305R109 193 14640 SH SOLE 1280 13360 0 TUESDAY MORNING CORP COM 899035505 119 28890 SH SOLE 22270 6620 0 TYCO ELECTRONICS COM G9144P105 1793 50049 SH SOLE 4640 45409 0 TYCO INTERNATIONAL LTD WHEN IS COM G9143X208 2224 55540 SH SOLE 8330 47210 0 TYLER TECHNOLOGIES INC COM COM 902252105 219 16140 SH SOLE 4800 11340 0 TYSON FOODS INC CL A COM 902494103 751 50240 SH SOLE 26940 23300 0 U C B H HOLDINGS INC COM 90262T308 90 39840 SH SOLE 6500 33340 0 U G I CORP COM 902681105 890 31010 SH SOLE 5000 26010 0 U I L HOLDINGS CORP COM 902748102 250 8512 SH SOLE 2540 5972 0 U N U M PROVIDENT CORP COM 91529Y106 716 35008 SH SOLE 3770 31238 0 PORTVUE-SEC13F.LNP CAPSTONE ASSET MANAGEMENT COMPANY PAGE 25 RUN DATE: 07/07/08 2:41 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 06/30/08 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- U R S CORP COM 903236107 200 4777 SH SOLE 3300 1477 0 U S BANCORP COM 902973304 13599 487586 SH SOLE 18850 468736 0 U S T INC COM 902911106 488 8939 SH SOLE 0 8939 0 UBS AG COM H89231338 2392 115773 SH SOLE 32303 83470 0 UMB FINL CORP COM 902788108 559 10900 SH SOLE 1630 9270 0 UMPQUA HLDGS CORP COM 904214103 246 20300 SH SOLE 7100 13200 0 UNIBANCO-UNIAO DE BANCOS BRAGD COM 90458E107 840 6615 SH SOLE 2780 3835 0 UNILEVER N V COM 904784709 2258 79523 SH SOLE 20930 58593 0 UNILEVER PLC ADR SPON NEW COM 904767704 1772 62373 SH SOLE 16254 46119 0 UNION PACIFIC CORP COM 907818108 5226 69224 SH SOLE 3740 65484 0 UNISOURCE ENERGY CORP COM 909205106 357 11510 SH SOLE 3230 8280 0 UNISYS CORP COM 909214108 132 33428 SH SOLE 4240 29188 0 UNIT CORP COM 909218109 1705 20550 SH SOLE 4040 16510 0 UNITED BANKSHARES INC W VA COM 909907107 258 11250 SH SOLE 2590 8660 0 UNITED CMNTY BKS BLAIRSVLE GCA COM 90984P105 89 10390 SH SOLE 1570 8820 0 UNITED MICROELECTRONICS CORP S COM 910873405 392 134196 SH SOLE 59952 74244 0 UNITED NATURAL FOODS INC COM 911163103 336 17270 SH SOLE 3370 13900 0 UNITED ONLINE INC COM 911268100 312 31080 SH SOLE 9350 21730 0 UNITED PARCEL SERVICE INC CL B COM 911312106 6326 102920 SH SOLE 7740 95180 0 UNITED STATES STEEL CORP COM 912909108 2929 15851 SH SOLE 4710 11141 0 UNITED STATIONERS INC COM 913004107 268 7240 SH SOLE 1700 5540 0 UNITED TECHNOLOGIES CORP COM 913017109 15224 246744 SH SOLE 7220 239524 0 UNITEDHEALTH GROUP INC COM 91324P102 3927 149599 SH SOLE 16154 133445 0 UNIVERSAL FOREST PRODUCTS INC COM 913543104 252 8420 SH SOLE 4090 4330 0 UNIVERSAL TECHNICAL INST INC COM 913915104 138 11100 SH SOLE 3520 7580 0 URBAN OUTFITTERS INC COM 917047102 340 10900 SH SOLE 8230 2670 0 USB CAPITAL VI 5.750% 03/09/35 PREFERRED STOCKS 903304202 707 35720 SH SOLE 0 35720 0 V F CORP COM 918204108 1562 21951 SH SOLE 320 21631 0 VALERO ENERGY CORP COM 91913Y100 2378 57750 SH SOLE 9020 48730 0 VALMONT INDS INC COM 920253101 605 5800 SH SOLE 710 5090 0 VARIAN MEDICAL SYSTEMS CORP COM 92220P105 2509 48380 SH SOLE 8360 40020 0 VARIAN SEMICONDUCTOR EQUIPMENT COM 922207105 854 24517 SH SOLE 3060 21457 0 VCA ANTECH INC COM 918194101 232 8350 SH SOLE 5770 2580 0 VECTREN CORP COM 92240G101 1648 52808 SH SOLE 4600 48208 0 VEOLIA ENVIROMENT SPONSORED AD COM 92334N103 1090 19515 SH SOLE 5070 14445 0 VERISIGN INC COM 92343E102 860 22760 SH SOLE 2200 20560 0 VERIZON COMMUNICATIONS COM 92343V104 10281 290430 SH SOLE 27710 262720 0 VERTEX PHARMACEUTICALS INC COM 92532F100 311 9280 SH SOLE 5290 3990 0 VIACOM INC NEW CL B COM 92553P201 2009 65790 SH SOLE 0 65790 0 VIASAT INC COM 92552V100 219 10830 SH SOLE 2290 8540 0 VIROPHARMA INC COM 928241108 255 23070 SH SOLE 2270 20800 0 VISA INC COM CL A COM 92826C839 694 8530 SH SOLE 0 8530 0 VISHAY INTERTECHNOLOGY INC COM 928298108 105 11801 SH SOLE 9590 2211 0 VODAFONE GROUP INC COM 92857W209 6551 222378 SH SOLE 60043 162335 0 VOLCOM INC COM 92864N101 256 10710 SH SOLE 5950 4760 0 VOLT INFORMATION SCIENCES INC COM 928703107 124 10405 SH SOLE 7365 3040 0 VORNADO RLTY TR COM 929042109 1182 13430 SH SOLE 530 12900 0 VULCAN MATLS CO COM 929160109 615 10293 SH SOLE 503 9790 0 W D 40 CO COM 929236107 645 22058 SH SOLE 670 21388 0 WABASH NATIONAL CORP COM 929566107 221 29250 SH SOLE 22570 6680 0 WACHOVIA GROUP COM 929903102 3251 209342 SH SOLE 23221 186121 0 PORTVUE-SEC13F.LNP CAPSTONE ASSET MANAGEMENT COMPANY PAGE 26 RUN DATE: 07/07/08 2:41 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 06/30/08 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- WAL MART STORES INC COM 931142103 14669 261021 SH SOLE 18990 242031 0 WALGREEN COMPANY COM 931422109 6467 198938 SH SOLE 8560 190378 0 WASHINGTON MUT INC COM 939322103 601 121891 SH SOLE 41376 80515 0 WASHINGTON POST CO CL B COM 939640108 610 1039 SH SOLE 83 956 0 WASTE CONNECTIONS INC COM 941053100 820 25675 SH SOLE 3455 22220 0 WASTE MANAGEMENT INC DEL COM 94106L109 2860 75843 SH SOLE 6050 69793 0 WATERS CORP COM 941848103 991 15370 SH SOLE 4860 10510 0 WATSCO INC COM 942622200 353 8450 SH SOLE 2850 5600 0 WATSON PHARMACEUTICALS INC COM 942683103 297 10925 SH SOLE 1820 9105 0 WATSON WYATT & CO HLDGS CL A COM 942712100 855 16160 SH SOLE 1730 14430 0 WATTS INDS INC CL A COM 942749102 207 8320 SH SOLE 1230 7090 0 WAUSAU-MOSINEE PAPER CORP COM 943315101 163 21130 SH SOLE 9740 11390 0 WEATHERFORD INTL LTD COM G95089101 3594 72470 SH SOLE 5180 67290 0 WEBSENSE INC COM 947684106 380 22570 SH SOLE 7810 14760 0 WELLPOINT INC COM 94973V107 2645 55499 SH SOLE 4290 51209 0 WELLS FARGO CAP 5.625% 04/08/3 PREFERRED STOCKS 94979P203 347 17845 SH SOLE 0 17845 0 WELLS FARGO & CO COM 949746101 8579 361208 SH SOLE 30669 330539 0 WENDYS INTL INC COM 950590109 305 11204 SH SOLE 1250 9954 0 WEST PHARMACEUTICAL SVCS INC COM 955306105 444 10270 SH SOLE 1320 8950 0 WESTERN DIGITAL CORP COM 958102105 1417 41040 SH SOLE 11890 29150 0 WESTERN UNION CO COM 959802109 2222 89877 SH SOLE 13800 76077 0 WESTPAC BKG CORP ADR SPONSORED COM 961214301 2552 26783 SH SOLE 4810 21973 0 WEYERHAEUSER CO COM 962166104 1186 23199 SH SOLE 4140 19059 0 WHIRLPOOL CORP COM 963320106 658 10656 SH SOLE 2973 7683 0 WHITNEY HOLDING CORP COM 966612103 994 54303 SH SOLE 4190 50113 0 WHOLE FOODS MARKET INC COM 966837106 366 15465 SH SOLE 1490 13975 0 WILEY JOHN & SONS INC CL A COM 968223206 223 4959 SH SOLE 3290 1669 0 WILLIAMS COS INC COM 969457100 2598 64454 SH SOLE 5280 59174 0 WILSHIRE BANCORP INC COM 97186T108 141 16400 SH SOLE 10810 5590 0 WINDSTREAM CORP COM 97381W104 751 60855 SH SOLE 15884 44971 0 WISCONSIN ENERGY CORP COM 976657106 348 7700 SH SOLE 4500 3200 0 WMS INDS INC COM 929297109 301 10115 SH SOLE 0 10115 0 WOLVERINE WORLD WIDE INC COM 978097103 450 16865 SH SOLE 1870 14995 0 WOODWARD GOVERNOR CO COM 980745103 648 18180 SH SOLE 2200 15980 0 WORLD ACCEP CORP DEL COM 981419104 293 8710 SH SOLE 3150 5560 0 WORLD FUEL SVCS CORP COM 981475106 204 9310 SH SOLE 1220 8090 0 WPP GROUP PLC SPON ADR 0905 COM 929309409 625 13068 SH SOLE 3340 9728 0 WRIGHT EXPRESS CORP COM 98233Q105 465 18750 SH SOLE 5860 12890 0 WRIGLEY WM J R CO COM 982526105 2917 37499 SH SOLE 4720 32779 0 WYETH COM 983024100 5226 108956 SH SOLE 11290 97666 0 WYNDHAM WORLDWIDE CORP COM 98310W108 347 19380 SH SOLE 1870 17510 0 W-H ENERGY SVCS INC COM 92925E108 996 10400 SH SOLE 1210 9190 0 X C E L ENERGY INC COM 98389B100 1102 54906 SH SOLE 14180 40726 0 X L CAPITAL LTD CL A COM G98255105 435 21180 SH SOLE 5570 15610 0 XEROX CORP COM 984121103 1326 97824 SH SOLE 10230 87594 0 XILINX INC COM 983919101 839 33220 SH SOLE 3090 30130 0 XTO ENERGY INC COM 98385X106 12667 184895 SH SOLE 12215 172680 0 YAHOO INC COM 984332106 2688 130120 SH SOLE 0 130120 0 YAMANA GOLD INC COM 98462Y100 460 27810 SH SOLE 7310 20500 0 YRC WORLDWIDE INC COM 984249102 180 12122 SH SOLE 11750 372 0 YUM BRANDS INC COM 988498101 8295 236388 SH SOLE 11970 224418 0 PORTVUE-SEC13F.LNP CAPSTONE ASSET MANAGEMENT COMPANY PAGE 27 RUN DATE: 07/07/08 2:41 P.M. FORM 13F INFORMATION TABLE AS OF DATE: 06/30/08 VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ZALE CORP COM 988858106 299 15810 SH SOLE 5820 9990 0 ZENITH NATIONAL INSURANCE CORP COM 989390109 575 16345 SH SOLE 4145 12200 0 ZIMMER HLDGS INC COM 98956P102 2164 31802 SH SOLE 7670 24132 0 ZIONS BANCORPORATION COM 989701107 403 12800 SH SOLE 3560 9240 0 ZOLL MED CORP COM 989922109 218 6470 SH SOLE 810 5660 0 ZUMIEZ INC COM 989817101 177 10700 SH SOLE 4910 5790 0 LINE COUNT: 1,332
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