-----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, T2eVEua8pKbzdQtCXMLr2gh1Mhw2t3IAcS3WQoW6dKOGfFmJ1dLGQloVoU9pg8UI VuAUlKXbzdZXZRhtUITNrQ== 0001079817-04-000047.txt : 20040816 0001079817-04-000047.hdr.sgml : 20040816 20040816170252 ACCESSION NUMBER: 0001079817-04-000047 CONFORMED SUBMISSION TYPE: 13F-HR/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040630 FILED AS OF DATE: 20040816 EFFECTIVENESS DATE: 20040816 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BROWN INVESTMENT ADVISORY & TRUST CO CENTRAL INDEX KEY: 0001079817 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR/A SEC ACT: 1934 Act SEC FILE NUMBER: 028-04859 FILM NUMBER: 04979616 BUSINESS ADDRESS: STREET 1: 901 SOUTH BOND STREET STREET 2: SUITE 400 CITY: BALTIMORE STATE: MD ZIP: 21231-3340 BUSINESS PHONE: 4105375400 MAIL ADDRESS: STREET 1: 901 SOUTH BOND STREET STREET 2: SUITE 400 CITY: BALTIMORE STATE: MD ZIP: 21231-3340 13F-HR/A 1 brownadvisory13fq204a.txt BROWN ADVISORY 2Q 04 AMENDED 13F FILING 3F-HR Form 13F Holdings 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, 2004 Check here if Amendment [X]; Amendment Number: 1 This Amendment (Check only one.) : [ x ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report : Name: Brown Investment Advisory & Trust Co. Address: 901 South Bond Street, Suite 400 Baltimore, MD 21231-3340 13F File Number: 28-04860 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 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: Patrick Ventura Title: Principal Phone: 410-537-5517 Signature, Place, and Date of Signing: Patrick Ventura Baltimore, MD August 16, 2004 Report Type (Check only one.): [ x ] 13F Holdings Report [ ] 13F Notice [ ] 13F Combination Report List of Other Included Managers: Brown Investment Advisory Incorporated I represent that I am authorized to submit this form and that all information in this form and the attachments to it is true, correct and complete and I understand that all required items, statements and schedules are integral parts of this form and that the submission of any amendment represents that all unamended items, statements and schedules remain true, correct and complete as previously submitted. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 Form 13F Information Table Entry Total: 1088 Form 13F Information Table Value Total: 2,972,882 $F1#@,%$*.<2894B$F 1REPORT PTR289 4B BROWN INVESTMENT ADVISORY & TRUST SECURITIES AND EXCHANGE COMMISSION FORM 13F 07/16/04 PAGE 1 0ASSETS AS OF 06/30/04 0REQUESTED MODEL: MGR AS OF 06/30/04 COLUMN 1 AND 2 - - - - - - COLUMN 3 - COLUMN 4 - - -COLUMN 5 - - - - COLUMN 6- - COLUMN 7- - - - - - COLUMN 8- - - - - INVESTMENT MARKET DISCRETION VOTING AUTHORITY VALUE SHS OR SOLE SHR OTHER OTHR SOLE SHARED NONE NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT (A) (B) (C) MGRS (A) (B) (C) KINDER MORGAN MANAGEMENT EKE55U103 0 172,479 SH X 1 172,479 BANK OF NT BUTTERFIELD&SON L SHS G0772R109 422 9,600 SH X 1 9,600 INGERSOLL-RAND COMPANY LTD CL A G4776G101 253 3,710 SH X 1 3,710 INGERSOLL-RAND COMPANY LTD CL A G4776G101 181 2,650 SH X 1 2,650 INGERSOLL-RAND COMPANY LTD CL A G4776G101 29 425 SH X 2 425 MONTPELIER RE HOLDINGS LTD SHS G62185106 412 11,800 SH X 1 11,000 800 MONTPELIER RE HOLDINGS LTD SHS G62185106 458 13,100 SH X 1 12,600 500 MONTPELIER RE HOLDINGS LTD SHS G62185106 559 16,000 SH X 2 16,000 MONTPELIER RE HOLDINGS LTD SHS G62185106 844 24,158 SH X 2 24,158 NABORS INDUSTRIES LTD SHS G6359F103 45 1,000 SH X 1 1,000 NABORS INDUSTRIES LTD SHS G6359F103 298 6,591 SH X 2 6,591 PARTNERRE LTD COM G6852T105 67 1,185 SH X 1 1,185 PARTNERRE LTD COM G6852T105 340 6,000 SH X 2 6,000 RENAISSANCE RE HLDGS LTD COM G7496G103 8,148 151,036 SH X 1 150,926 110 RENAISSANCE RE HLDGS LTD COM G7496G103 249 4,610 SH X 1 4,610 RENAISSANCE RE HLDGS LTD COM G7496G103 2,150 39,860 SH X 2 34,195 5,665 SEAGATE TECHNOLOGY SHS G7945J104 4,817 333,812 SH X 1 333,553 259 SEAGATE TECHNOLOGY SHS G7945J104 103 7,170 SH X 1 7,170 SEAGATE TECHNOLOGY SHS G7945J104 1,455 100,850 SH X 2 87,015 13,835 WEATHERFORD INTERNATIONAL LT COM G95089101 441 9,800 SH X 2 9,800 WHITE MTNS INS GROUP LTD COM G9618E107 1,148 2,250 SH X 1 2,250 WHITE MTNS INS GROUP LTD COM G9618E107 61 120 SH X 1 120 XL CAP LTD CL A G98255105 3,550 47,045 SH X 1 46,056 989 XL CAP LTD CL A G98255105 377 5,000 SH X 1 5,000 XL CAP LTD CL A G98255105 7 95 SH X 2 95 XL CAP LTD CL A G98255105 566 7,500 SH X 2 7,500 ALCON INC COM SHS H01301102 204 2,600 SH X 1 2,600 ALCON INC COM SHS H01301102 448 5,700 SH X 2 5,700 LIPMAN ELECTRONIC ENGINEERIN ORD M6772H101 666 12,900 SH X 1 12,900 FLEXTRONICS INTL LTD ORD Y2573F102 1,342 84,144 SH X 1 83,884 260 FLEXTRONICS INTL LTD ORD Y2573F102 1,010 63,342 SH X 1 63,342 FLEXTRONICS INTL LTD ORD Y2573F102 454 28,486 SH X 2 9,136 19,350 AGCO CORP COM 001084102 346 17,000 SH X 2 17,000 AMB PROPERTY CORP COM 00163T109 197 5,700 SH X 1 5,700 AMB PROPERTY CORP COM 00163T109 62 1,800 SH X 1 1,800 ATMI INC COM 00207R101 5,526 202,345 SH X 1 202,345 ATMI INC COM 00207R101 451 16,500 SH X 1 16,500 ATMI INC COM 00207R101 31,898 1,167,979 SH X 2 881,342 286,637 ABBOTT LABS COM 002824100 17,529 430,050 SH X 1 427,900 1,145 1,005 ABBOTT LABS COM 002824100 7,644 187,541 SH X 1 186,141 1,400 ABBOTT LABS COM 002824100 1,559 38,252 SH X 2 29,994 8,258 ABBOTT LABS COM 002824100 389 9,535 SH X 2 9,535 ACCREDO HEALTH INC COM 00437V104 5,629 144,520 SH X 1 144,520 ACCREDO HEALTH INC COM 00437V104 27,214 698,703 SH X 2 520,300 178,403 ADOBE SYS INC COM 00724F101 181 3,895 SH X 1 3,895 ADOBE SYS INC COM 00724F101 37 800 SH X 1 800 ADOBE SYS INC COM 00724F101 279 6,000 SH X 2 6,000 ADVANCE AUTO PARTS INC COM 00751Y106 473 10,700 SH X 2 10,700 ADVANCED MARKETING SVCS INC COM 00753T105 345 26,700 SH X 1 26,700 AETHER SYS INC COM 00808V105 189 55,018 SH X 1 55,018 AETHER SYS INC COM 00808V105 167 48,650 SH X 1 48,650 AFFILIATED COMPUTER SERVICES CL A 008190100 24,934 470,992 SH X 1 467,957 1,535 1,500 AFFILIATED COMPUTER SERVICES CL A 008190100 2,580 48,740 SH X 1 48,090 650 AFFILIATED COMPUTER SERVICES CL A 008190100 3,584 67,690 SH X 2 55,785 11,905 AFFILIATED MANAGERS GROUP COM 008252108 1,118 22,200 SH X 1 22,200 AFFYMETRIX INC COM 00826T108 4,292 131,138 SH X 1 131,138 AFFYMETRIX INC COM 00826T108 23,852 728,740 SH X 2 542,577 186,163 AGILENT TECHNOLOGIES INC COM 00846U101 161 5,495 SH X 1 5,495 AGILENT TECHNOLOGIES INC COM 00846U101 66 2,248 SH X 1 2,248 AGILENT TECHNOLOGIES INC COM 00846U101 46 1,580 SH X 2 1,580 AIR PRODS & CHEMS INC COM 009158106 707 13,480 SH X 1 13,480 AIR PRODS & CHEMS INC COM 009158106 351 6,700 SH X 1 6,700 AKAMAI TECHNOLOGIES INC COM 00971T101 928 51,678 SH X 1 51,678 AKAMAI TECHNOLOGIES INC COM 00971T101 5,157 287,284 SH X 2 248,979 38,305 ALABAMA NATL BANCORP DELA COM 010317105 277 5,000 SH X 1 5,000 ALIGN TECHNOLOGY INC COM 016255101 3,289 173,084 SH X 1 173,084 ALIGN TECHNOLOGY INC COM 016255101 18,234 959,691 SH X 2 831,900 127,791 ALLERGAN INC COM 018490102 2 20 SH X 1 20 ALLERGAN INC COM 018490102 277 3,097 SH X 1 3,097 ALLIED WASTE INDS INC COM PAR$.01NEW 019589308 1,325 100,537 SH X 1 100,537 ALLIED WASTE INDS INC COM PAR$.01NEW 019589308 86 6,500 SH X 1 6,500 ALLIED WASTE INDS INC COM PAR$.01NEW 019589308 330 25,000 SH X 2 25,000 ALLSTATE CORP COM 020002101 160 3,433 SH X 1 3,433 ALLSTATE CORP COM 020002101 134 2,876 SH X 1 2,876 ALLSTATES WORLDCARGO INC 020036109 17 16,667 SH X 1 16,667 ALLTEL CORP COM 020039103 2,226 43,982 SH X 1 43,982 ALLTEL CORP COM 020039103 12 246 SH X 1 246 ALLTEL CORP COM 020039103 506 10,000 SH X 2 10,000 ALTRIA GROUP INC COM 02209S103 5,246 104,824 SH X 1 104,448 376 ALTRIA GROUP INC COM 02209S103 1,112 22,214 SH X 1 16,714 5,500 ALTRIA GROUP INC COM 02209S103 43 865 SH X 2 865 ALTRIA GROUP INC COM 02209S103 501 10,000 SH X 2 10,000 AMEREN CORP COM 023608102 632 14,700 SH X 2 7,100 7,600 AMERICAN ELEC PWR INC COM 025537101 2,832 88,494 SH X 1 88,419 75 AMERICAN ELEC PWR INC COM 025537101 115 3,585 SH X 1 3,585 AMERICAN ELEC PWR INC COM 025537101 764 23,870 SH X 2 20,555 3,315 AMERICAN EXPRESS CO COM 025816109 3,026 58,895 SH X 1 57,995 900 AMERICAN EXPRESS CO COM 025816109 294 5,730 SH X 1 5,730 AMERICAN EXPRESS CO COM 025816109 514 10,000 SH X 2 10,000 AMERICAN FINL RLTY TR COM 02607P305 382 26,750 SH X 1 26,750 AMERICAN FINL RLTY TR COM 02607P305 5 350 SH X 1 350 AMERICAN INTL GROUP INC COM 026874107 28,402 398,451 SH X 1 395,980 1,426 1,045 AMERICAN INTL GROUP INC COM 026874107 4,230 59,339 SH X 1 56,939 2,400 AMERICAN INTL GROUP INC COM 026874107 1,976 27,724 SH X 2 20,547 7,177 AMERICAN INTL GROUP INC COM 026874107 492 6,900 SH X 2 6,900 AMERICAN STD COS INC DEL COM 029712106 2,326 57,700 SH X 1 57,700 AMERICAN STD COS INC DEL COM 029712106 109 2,700 SH X 1 2,700 AMERICAN TOWER CORP CL A 029912201 204 13,397 SH X 1 13,397 AMERICAN TOWER CORP CL A 029912201 118 7,772 SH X 2 7,772 AMERISOURCEBERGEN CORP COM 03073E105 418 7,000 SH X 2 7,000 AMGEN INC COM 031162100 16,136 295,690 SH X 1 293,377 1,168 1,145 AMGEN INC COM 031162100 2,589 47,445 SH X 1 41,545 400 5,500 AMGEN INC COM 031162100 1,689 30,945 SH X 2 23,289 7,656 AMGEN INC COM 031162100 546 10,000 SH X 2 10,000 AMPHENOL CORP NEW CL A 032095101 417 12,500 SH X 2 12,500 AMSOUTH BANCORPORATION COM 032165102 153 6,000 SH X 1 6,000 AMSOUTH BANCORPORATION COM 032165102 2,466 96,817 SH X 2 96,817 ANADARKO PETE CORP COM 032511107 862 14,715 SH X 1 14,715 ANADARKO PETE CORP COM 032511107 56 961 SH X 1 961 ANALOG DEVICES INC COM 032654105 56 1,180 SH X 1 1,180 ANALOG DEVICES INC COM 032654105 209 4,430 SH X 1 4,430 ANALOGIC CORP COM PAR $0.05 032657207 238 5,600 SH X 1 5,600 ANHEUSER BUSCH COS INC COM 035229103 16,576 306,954 SH X 1 297,489 8,700 765 ANHEUSER BUSCH COS INC COM 035229103 2,592 47,994 SH X 1 47,694 300 ANHEUSER BUSCH COS INC COM 035229103 1,455 26,936 SH X 2 23,436 3,500 ANHEUSER BUSCH COS INC COM 035229103 16 290 SH X 2 290 ANTHEM INC COM 03674B104 1,841 20,560 SH X 1 20,160 400 ANTHEM INC COM 03674B104 448 5,000 SH X 1 5,000 ANTEON INTL CORP COM 03674E108 343 10,500 SH X 2 10,500 ANTIGENICS INC RESTRICTED 037032992 86 10,000 SH X 1 10,000 APOLLO GROUP INC CL A 037604105 1,725 19,543 SH X 1 19,543 APOLLO GROUP INC CL A 037604105 9,485 107,431 SH X 2 79,729 27,702 APPLETREE INC COM NEW 03814E307 0 17,290 SH X 2 17,290 APPLIED MATLS INC COM 038222105 364 18,547 SH X 1 18,547 APPLIED MATLS INC COM 038222105 67 3,400 SH X 1 3,400 APPLIED MATLS INC COM 038222105 37 1,900 SH X 2 1,900 ARCH COAL INC COM 039380100 300 8,200 SH X 1 8,200 ARCH COAL INC COM 039380100 2 43 SH X 2 43 ARCHSTONE SMITH TR COM 039583109 1,696 57,832 SH X 1 57,832 ARCHSTONE SMITH TR COM 039583109 66 2,250 SH X 1 2,250 ARCHSTONE SMITH TR COM 039583109 512 17,462 SH X 2 5,962 11,500 ARDEN RLTY INC COM 039793104 496 16,875 SH X 1 16,875 ARDEN RLTY INC COM 039793104 63 2,150 SH X 1 2,150 ARRAY BIOPHARMA INC COM 04269X105 2 262 SH X 1 262 ARRAY BIOPHARMA INC COM 04269X105 82 10,253 SH X 2 10,253 ARTHROCARE CORP COM 043136100 9,910 341,267 SH X 1 341,267 ARTHROCARE CORP COM 043136100 481 16,575 SH X 1 16,575 ARTHROCARE CORP COM 043136100 56,205 1,935,429 SH X 2 1,454,301 481,128 AT RD INC COM 04648K105 2,705 353,630 SH X 1 353,630 AT RD INC COM 04648K105 15,264 1,995,308 SH X 2 1,493,355 501,953 AUTODESK INC COM 052769106 424 9,900 SH X 2 9,900 AUTOMATIC DATA PROCESSING IN COM 053015103 2,268 54,159 SH X 1 52,959 1,200 AUTOMATIC DATA PROCESSING IN COM 053015103 413 9,857 SH X 1 9,857 AUTOMATIC DATA PROCESSING IN COM 053015103 628 15,000 SH X 2 15,000 AVALONBAY CMNTYS INC COM 053484101 735 13,010 SH X 1 13,010 AVALONBAY CMNTYS INC COM 053484101 69 1,225 SH X 1 1,225 AVERY DENNISON CORP COM 053611109 307 4,800 SH X 1 4,800 AVON PRODS INC COM 054303102 221 4,800 SH X 1 4,800 AVON PRODS INC COM 054303102 231 5,000 SH X 1 5,000 BP PLC SPONSORED ADR 055622104 5,208 97,222 SH X 1 93,498 3,724 BP PLC SPONSORED ADR 055622104 4,225 78,872 SH X 1 76,756 2,116 BP PLC SPONSORED ADR 055622104 22 405 SH X 2 405 BP PLC SPONSORED ADR 055622104 932 17,402 SH X 2 17,402 BRE PROPERTIES INC CL A 05564E106 385 11,090 SH X 1 11,090 BRE PROPERTIES INC CL A 05564E106 40 1,150 SH X 1 1,150 BANK OF AMERICA CORPORATION COM 060505104 1,451 17,149 SH X 1 17,149 BANK OF AMERICA CORPORATION COM 060505104 1,743 20,603 SH X 1 20,603 BANK OF AMERICA CORPORATION COM 060505104 39 455 SH X 2 455 BANK NEW YORK INC COM 064057102 112 3,800 SH X 1 3,800 BANK NEW YORK INC COM 064057102 156 5,300 SH X 2 5,300 BANK ONE CORPORATION 06423A103 416 8,152 SH X 1 8,152 BANTA CORP COM 066821109 1,070 24,100 SH X 1 24,100 BAXTER INTL INC COM 071813109 4,561 132,166 SH X 1 132,101 65 BAXTER INTL INC COM 071813109 62 1,805 SH X 1 1,805 BAXTER INTL INC COM 071813109 872 25,280 SH X 2 21,210 4,070 BEA SYS INC COM 073325102 13,122 1,596,409 SH X 1 1,587,939 3,850 4,620 BEA SYS INC COM 073325102 928 112,949 SH X 1 111,624 1,325 BEA SYS INC COM 073325102 1,867 227,155 SH X 2 186,963 40,192 BEAR STEARNS COS INC COM 073902108 843 10,000 SH X 1 10,000 BECKMAN COULTER INC COM 075811109 81 1,321 SH X 1 1,321 BECKMAN COULTER INC COM 075811109 372 6,100 SH X 2 6,100 BECTON DICKINSON & CO COM 075887109 511 9,860 SH X 1 9,860 BECTON DICKINSON & CO COM 075887109 414 8,000 SH X 1 8,000 BED BATH & BEYOND INC COM 075896100 477 12,400 SH X 1 12,400 BELLSOUTH CORP COM 079860102 700 26,679 SH X 1 26,679 BELLSOUTH CORP COM 079860102 383 14,596 SH X 1 14,196 400 BERKSHIRE HATHAWAY INC DEL CL A 084670108 534 6 SH X 1 6 BERKSHIRE HATHAWAY INC DEL CL A 084670108 445 5 SH X 1 5 BERKSHIRE HATHAWAY INC DEL CL B 084670207 4,666 1,579 SH X 1 1,579 BERKSHIRE HATHAWAY INC DEL CL B 084670207 759 257 SH X 1 229 28 BERKSHIRE HATHAWAY INC DEL CL B 084670207 1,983 671 SH X 2 671 BLACK & DECKER CORP COM 091797100 261 4,200 SH X 1 4,200 BLACK & DECKER CORP COM 091797100 62 1,000 SH X 1 1,000 BLACK & DECKER CORP COM 091797100 6 100 SH X 2 100 BOEING CO COM 097023105 299 5,850 SH X 1 5,850 BOSTON PROPERTIES INC COM 101121101 941 18,795 SH X 1 18,795 BOSTON PROPERTIES INC COM 101121101 89 1,775 SH X 1 1,775 BOWNE & CO INC COM 103043105 21,470 1,354,585 SH X 1 1,354,585 BRIGHT HORIZON FAMILY SOLUTI COM 109195107 3,626 67,645 SH X 1 67,645 BRIGHT HORIZON FAMILY SOLUTI COM 109195107 20,813 388,236 SH X 2 290,366 97,870 BRISTOL MYERS SQUIBB CO COM 110122108 3,229 131,815 SH X 1 131,515 300 BRISTOL MYERS SQUIBB CO COM 110122108 361 14,731 SH X 1 14,631 100 BRISTOL MYERS SQUIBB CO COM 110122108 8 310 SH X 2 310 BRISTOL MYERS SQUIBB CO COM 110122108 127 5,200 SH X 2 5,200 BROADCOM CORP CL A 111320107 3 70 SH X 1 70 BROADCOM CORP CL A 111320107 7 150 SH X 1 150 BROADCOM CORP CL A 111320107 443 9,500 SH X 2 9,500 CSX CORP COM 126408103 177 5,400 SH X 1 5,400 CSX CORP COM 126408103 264 8,054 SH X 1 8,054 CVS CORP COM 126650100 6,195 147,426 SH X 1 147,156 220 50 CVS CORP COM 126650100 1,543 36,718 SH X 1 36,718 CVS CORP COM 126650100 1,336 31,785 SH X 2 24,482 7,303 CACI INTL INC CL A 127190304 305 7,550 SH X 2 7,550 CALIBER LEARNING NETWORK INC COM 129914107 0 150,000 SH X 1 150,000 CAMDEN PPTY TR SH BEN INT 133131102 510 11,145 SH X 1 11,145 CAMDEN PPTY TR SH BEN INT 133131102 45 975 SH X 1 975 CANADIAN NATL RY CO COM 136375102 3,014 69,150 SH X 1 67,350 1,800 CANADIAN NATL RY CO COM 136375102 240 5,500 SH X 1 5,500 CANADIAN NATL RY CO COM 136375102 327 7,500 SH X 2 7,500 CAFE FONTE COFFEE CO. 138997903 132 20,000 SH X 1 20,000 CAPITAL ONE FINL CORP COM 14040H105 3,547 51,874 SH X 1 50,974 900 CAPITAL ONE FINL CORP COM 14040H105 795 11,620 SH X 1 2,220 8,900 500 CARDINAL HEALTH INC COM 14149Y108 22,662 323,510 SH X 1 320,758 1,022 1,730 CARDINAL HEALTH INC COM 14149Y108 3,196 45,624 SH X 1 38,724 6,650 250 CARDINAL HEALTH INC COM 14149Y108 1,952 27,860 SH X 2 21,970 5,890 CARDINAL HEALTH INC COM 14149Y108 701 10,000 SH X 2 10,000 CARDIODYNAMICS INTL CORP COM 141597104 257 50,801 SH X 1 50,801 CARDIODYNAMICS INTL CORP COM 141597104 1,438 284,665 SH X 2 212,054 72,611 CAREMARK RX INC COM 141705103 55 1,670 SH X 1 1,670 CAREMARK RX INC COM 141705103 53 1,600 SH X 1 1,600 CAREMARK RX INC COM 141705103 407 12,350 SH X 2 12,350 CARMAX INC COM 143130102 1,848 84,483 SH X 1 84,483 CARMAX INC COM 143130102 298 13,617 SH X 1 12,867 750 CARMAX INC COM 143130102 273 12,500 SH X 2 12,500 CARMAX INC COM 143130102 328 15,000 SH X 2 15,000 CARRAMERICA RLTY CORP COM 144418100 461 15,245 SH X 1 15,245 CARRAMERICA RLTY CORP COM 144418100 6 200 SH X 1 200 CATALINA MARKETING CORP COM 148867104 668 36,500 SH X 1 36,500 CATERPILLAR INC DEL COM 149123101 466 5,866 SH X 1 5,866 CEDAR FAIR L P DEPOSITRY UNIT 150185106 744 23,571 SH X 1 22,071 1,500 CEDAR SHOPPING CTRS INC COM NEW 150602209 582 50,620 SH X 1 50,620 CEDAR SHOPPING CTRS INC COM NEW 150602209 7 600 SH X 1 600 CENDANT CORP COM 151313103 4,453 181,924 SH X 1 180,924 1,000 CENDANT CORP COM 151313103 522 21,309 SH X 1 10,309 11,000 CENDANT CORP COM 151313103 10 400 SH X 2 400 CENDANT CORP COM 151313103 612 25,000 SH X 2 25,000 COLUMBIA BANCORP - MD 151990108 2,049 70,140 SH X 2 70,140 CENTURY BUSINESS SVCS INC COM 156490104 902 206,914 SH X 1 206,914 CHECKFREE CORP NEW COM 162813109 1,002 33,410 SH X 1 33,410 CHECKFREE CORP NEW COM 162813109 147 4,900 SH X 2 4,900 CHECKFREE CORPORATION 162813992 7,807 260,222 SH X 1 260,222 CHECKFREE CORPORATION 162813992 69 2,286 SH X 1 2,286 CHEVRONTEXACO CORP COM 166764100 10,897 115,788 SH X 1 115,193 545 50 CHEVRONTEXACO CORP COM 166764100 2,558 27,183 SH X 1 24,183 3,000 CHEVRONTEXACO CORP COM 166764100 2,453 26,070 SH X 2 18,198 7,872 CHEVRONTEXACO CORP COM 166764100 407 4,328 SH X 2 4,328 CHUBB CORP COM 171232101 97 1,418 SH X 1 1,418 CHUBB CORP COM 171232101 1,989 29,171 SH X 1 29,171 CHURCH & DWIGHT INC COM 171340102 824 18,000 SH X 1 18,000 CIENA CORP COM 171779101 0 83 SH X 1 83 CIENA CORP COM 171779101 44 12,000 SH X 1 12,000 CISCO SYS INC COM 17275R102 29,438 1,242,107 SH X 1 1,230,868 6,404 4,835 CISCO SYS INC COM 17275R102 6,152 259,581 SH X 1 257,981 1,600 CISCO SYS INC COM 17275R102 2,563 108,163 SH X 2 75,018 33,145 CISCO SYS INC COM 17275R102 2,370 100,000 SH X 2 100,000 CITIGROUP INC COM 172967101 31,177 670,464 SH X 1 664,477 1,302 4,685 CITIGROUP INC COM 172967101 3,886 83,560 SH X 1 69,660 13,900 CITIGROUP INC COM 172967101 2,727 58,642 SH X 2 48,073 10,569 CITIGROUP INC COM 172967101 1,127 24,247 SH X 2 24,247 CITRIX SYS INC COM 177376100 240 11,800 SH X 2 11,800 CITRIX SYS INC COM 177376100 20 1,000 SH X 2 1,000 CLARCOR INC COM 179895107 11,780 257,200 SH X 1 257,200 CLEAR CHANNEL COMMUNICATIONS COM 184502102 2,283 61,793 SH X 1 59,693 2,100 CLEAR CHANNEL COMMUNICATIONS COM 184502102 492 13,308 SH X 1 11,308 2,000 CLEAR CHANNEL COMMUNICATIONS COM 184502102 370 10,000 SH X 2 10,000 CLOSURE MED CORP COM 189093107 612 24,374 SH X 1 24,374 CLOSURE MED CORP COM 189093107 3,402 135,476 SH X 2 117,436 18,040 COCA COLA CO COM 191216100 3,510 69,527 SH X 1 69,527 COCA COLA CO COM 191216100 1,995 39,516 SH X 1 34,516 5,000 COCA COLA CO COM 191216100 45 890 SH X 2 890 COCA COLA CO COM 191216100 4,846 96,000 SH X 2 96,000 COLGATE PALMOLIVE CO COM 194162103 2,865 49,011 SH X 1 48,511 500 COLGATE PALMOLIVE CO COM 194162103 2,360 40,382 SH X 1 40,382 COLGATE PALMOLIVE CO COM 194162103 146 2,491 SH X 2 766 1,725 COLLAGENEX PHARMACEUTICALS I COM 19419B100 517 55,000 SH X 1 55,000 COLONIAL PPTYS TR COM SH BEN INT 195872106 317 8,225 SH X 1 8,225 COLONIAL PPTYS TR COM SH BEN INT 195872106 4 100 SH X 1 100 COLUMBIA BANCORP COM 197227101 225 7,700 SH X 1 7,700 COLUMBIA BANCORP COM 197227101 1,931 66,079 SH X 2 66,079 COMCAST CORP NEW CL A 20030N101 292 10,402 SH X 1 10,402 COMCAST CORP NEW CL A 20030N101 83 2,970 SH X 1 2,970 COMCAST CORP NEW CL A 20030N101 88 3,143 SH X 2 3,143 COMCAST CORP NEW CL A SPL 20030N200 9,222 334,025 SH X 1 332,364 521 1,140 COMCAST CORP NEW CL A SPL 20030N200 1,333 48,277 SH X 1 47,752 525 COMCAST CORP NEW CL A SPL 20030N200 1,168 42,309 SH X 2 32,728 9,581 COMERICA INC COM 200340107 307 5,585 SH X 1 5,585 COMMERCIAL NET LEASE RLTY IN COM 202218103 462 26,845 SH X 1 26,845 COMMERCIAL NET LEASE RLTY IN COM 202218103 6 325 SH X 1 325 COMPASS MINERALS INTL INC COM 20451N101 401 20,700 SH X 1 20,700 COMSTOCK RES INC COM NEW 205768203 210 10,800 SH X 1 10,800 CONIAGAS RES LTD COM 20730P109 17 76,800 SH X 2 76,800 CONOCOPHILLIPS COM 20825C104 110 1,444 SH X 1 1,444 CONOCOPHILLIPS COM 20825C104 431 5,646 SH X 1 5,646 CONOCOPHILLIPS COM 20825C104 55 715 SH X 2 715 CONSTELLATION ENERGY GROUP I COM 210371100 600 15,837 SH X 1 15,837 CONSTELLATION ENERGY GROUP I COM 210371100 143 3,780 SH X 1 3,280 500 COORS ADOLPH CO CL B 217016104 3,952 54,633 SH X 1 54,588 45 COORS ADOLPH CO CL B 217016104 86 1,185 SH X 1 1,185 COORS ADOLPH CO CL B 217016104 1,139 15,740 SH X 2 13,490 2,250 CORPORATE EXECUTIVE BRD CO COM 21988R102 685 11,845 SH X 1 11,845 CORPORATE EXECUTIVE BRD CO COM 21988R102 3,817 66,042 SH X 2 49,153 16,889 CORPORATE OFFICE PPTYS TR SH BEN INT 22002T108 1,459 58,696 SH X 1 58,696 CORPORATE OFFICE PPTYS TR SH BEN INT 22002T108 64 2,575 SH X 1 2,575 CORVIS CORP COM 221009103 76 54,216 SH X 1 54,216 CORVIS CORP COM 221009103 28 19,517 SH X 1 19,517 CORVIS CORP. 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SH X 1 1,500 DANAHER CORP DEL COM 235851102 2,148 41,418 SH X 1 41,418 DANAHER CORP DEL COM 235851102 15 297 SH X 2 297 DECODE GENETICS INC COM 243586104 241 28,400 SH X 1 28,400 DEL MONTE FOODS CO COM 24522P103 789 77,700 SH X 1 77,700 DEL MONTE FOODS CO COM 24522P103 3 312 SH X 2 312 DELL INC COM 24702R101 20,696 577,777 SH X 1 573,032 2,525 2,220 DELL INC COM 24702R101 3,952 110,332 SH X 1 110,332 DELL INC COM 24702R101 2,243 62,606 SH X 2 38,934 23,672 DELL INC COM 24702R101 423 11,800 SH X 2 11,800 DELUXE CORP COM 248019101 1,827 42,000 SH X 1 42,000 DELUXE CORP COM 248019101 52 1,200 SH X 1 1,200 DEVELOPERS DIVERSIFIED RLTY COM 251591103 240 6,791 SH X 1 6,791 DEVELOPERS DIVERSIFIED RLTY COM 251591103 60 1,700 SH X 1 1,700 DEVON ENERGY CORP NEW COM 25179M103 65 980 SH X 1 980 DEVON ENERGY CORP NEW COM 25179M103 13 200 SH X 1 200 DEVON ENERGY CORP NEW COM 25179M103 434 6,582 SH X 2 6,582 DIAMONDS TR UNIT SER 1 252787106 964 9,217 SH X 1 9,217 DIGIMARC CORP COM 253807101 914 68,451 SH X 1 68,451 DIGIMARC CORP COM 253807101 5,082 380,704 SH X 2 283,501 97,203 DIGITAL INSIGHT CORP COM 25385P106 6,688 325,268 SH X 1 325,268 DIGITAL INSIGHT CORP COM 25385P106 258 12,555 SH X 1 12,555 DIGITAL INSIGHT CORP COM 25385P106 38,204 1,858,162 SH X 2 1,395,511 462,651 DIRECTV GROUP INC COM 25459L106 251 14,653 SH X 1 14,653 DIRECTV GROUP INC COM 25459L106 5 298 SH X 2 298 DISNEY WALT CO COM DISNEY 254687106 726 28,497 SH X 1 25,497 3,000 DISNEY WALT CO COM DISNEY 254687106 296 11,620 SH X 1 11,620 DONALDSON INC COM 257651109 47 1,600 SH X 1 1,600 DONALDSON INC COM 257651109 179 6,100 SH X 1 6,100 DONALDSON INC COM 257651109 1,992 68,000 SH X 2 68,000 DONNELLEY R R & SONS CO COM 257867101 330 10,008 SH X 1 10,008 DONNELLEY R R & SONS CO COM 257867101 54 1,650 SH X 1 1,650 DOVER CORP COM 260003108 4,027 95,643 SH X 1 95,643 DOVER CORP COM 260003108 5,289 125,630 SH X 1 125,630 DOVER CORP COM 260003108 42 1,000 SH X 2 1,000 DOW CHEM CO COM 260543103 254 6,236 SH X 1 6,236 DOW CHEM CO COM 260543103 317 7,800 SH X 1 7,800 DU PONT E I DE NEMOURS & CO COM 263534109 2,793 62,877 SH X 1 60,227 2,650 DU PONT E I DE NEMOURS & CO COM 263534109 715 16,092 SH X 1 14,286 1,806 DUKE ENERGY CORP COM 264399106 124 6,103 SH X 1 6,103 DUKE ENERGY CORP COM 264399106 124 6,125 SH X 1 5,625 500 DUKE ENERGY CORP COM 264399106 329 16,210 SH X 2 16,210 DUKE ENERGY CORP CORP UNITS 8% 264399544 37 2,775 SH X 1 2,775 DUKE ENERGY CORP CORP UNITS 8% 264399544 110 8,300 SH X 2 8,300 DUKE REALTY CORP COM NEW 264411505 466 14,635 SH X 1 14,635 DUKE REALTY CORP COM NEW 264411505 90 2,825 SH X 1 2,825 DUN & BRADSTREET CORP DEL NE COM 26483E100 1,540 28,575 SH X 1 28,125 450 DUN & BRADSTREET CORP DEL NE COM 26483E100 160 2,969 SH X 1 2,969 DUN & BRADSTREET CORP DEL NE COM 26483E100 9 171 SH X 2 171 E M C CORP MASS COM 268648102 482 42,277 SH X 1 42,277 E M C CORP MASS COM 268648102 13 1,151 SH X 1 1,151 EPIX MEDICAL INC COM 26881Q101 2,698 127,886 SH X 1 127,886 EPIX MEDICAL INC COM 26881Q101 114 5,400 SH X 1 5,400 EPIX MEDICAL INC COM 26881Q101 15,275 723,913 SH X 2 542,472 181,441 EATON CORP COM 278058102 126 1,942 SH X 1 1,942 EATON CORP COM 278058102 1,152 17,800 SH X 1 17,800 EBAY INC COM 278642103 29 320 SH X 1 320 EBAY INC COM 278642103 79 855 SH X 2 855 EBAY INC COM 278642103 184 2,000 SH X 2 2,000 ECLIPSYS CORP COM 278856109 4,368 286,225 SH X 1 286,225 ECLIPSYS CORP COM 278856109 24,794 1,624,777 SH X 2 1,411,743 213,034 EDO CORP COM 281347104 1,372 56,900 SH X 1 56,900 EL PASO ELEC CO COM NEW 283677854 815 52,800 SH X 1 52,800 ELECTRO RENT CORP COM 285218103 328 31,300 SH X 1 31,300 ELECTRONIC ARTS INC COM 285512109 244 4,481 SH X 1 4,481 ELECTRONIC ARTS INC COM 285512109 393 7,200 SH X 1 7,200 ELECTRONIC ARTS INC COM 285512109 120 2,200 SH X 2 2,200 ELECTRONIC DATA SYS NEW COM 285661104 695 36,300 SH X 1 33,900 2,400 ELECTRONIC DATA SYS NEW COM 285661104 142 7,400 SH X 1 3,200 4,200 EMERSON ELEC CO COM 291011104 850 13,382 SH X 1 13,382 EMERSON ELEC CO COM 291011104 95 1,490 SH X 1 1,490 EMERSON ELEC CO COM 291011104 194 3,050 SH X 2 750 2,300 ENER1 INC COM 29267A104 6 10,000 SH X 2 10,000 EQUITY OFFICE PROPERTIES TRU COM 294741103 402 14,795 SH X 1 14,795 EQUITY OFFICE PROPERTIES TRU COM 294741103 33 1,200 SH X 1 200 1,000 EQUITY OIL CO COM 294749106 316 69,000 SH X 1 69,000 EQUITY ONE COM 294752100 467 25,845 SH X 1 25,845 EQUITY ONE COM 294752100 6 350 SH X 1 350 EQUITY ONE COM 294752100 24 1,300 SH X 2 1,300 EQUITY RESIDENTIAL SH BEN INT 29476L107 201 6,775 SH X 1 6,775 EQUITY RESIDENTIAL SH BEN INT 29476L107 39 1,325 SH X 1 1,325 ERICSSON L M TEL CO ADR B SEK 10 294821608 8 260 SH X 1 260 ERICSSON L M TEL CO ADR B SEK 10 294821608 485 16,234 SH X 1 16,234 ERIE INDTY CO CL A 29530P102 276 5,900 SH X 1 5,900 ERIE INDTY CO CL A 29530P102 281 6,000 SH X 1 1,000 5,000 EXXON MOBIL CORP COM 30231G102 44,737 1,007,373 SH X 1 992,395 10,300 4,678 EXXON MOBIL CORP COM 30231G102 31,788 715,777 SH X 1 695,177 20,600 EXXON MOBIL CORP COM 30231G102 1,853 41,730 SH X 2 23,564 18,166 EXXON MOBIL CORP COM 30231G102 336 7,570 SH X 2 7,570 FASTENAL CO COM 311900104 40 700 SH X 1 700 FASTENAL CO COM 311900104 227 4,000 SH X 1 4,000 FEDERAL HOME LN MTG CORP COM 313400301 20,490 323,693 SH X 1 322,093 950 650 FEDERAL HOME LN MTG CORP COM 313400301 1,573 24,852 SH X 1 16,502 7,850 500 FEDERAL HOME LN MTG CORP COM 313400301 1,810 28,587 SH X 2 22,610 5,977 FEDERAL HOME LN MTG CORP COM 313400301 633 10,000 SH X 2 10,000 FEDERAL NATL MTG ASSN COM 313586109 1,532 21,462 SH X 1 20,962 500 FEDERAL NATL MTG ASSN COM 313586109 2,759 38,659 SH X 1 38,659 FEDERAL NATL MTG ASSN COM 313586109 244 3,425 SH X 2 2,580 845 FEDERAL REALTY INVT TR SH BEN INT NEW 313747206 464 11,150 SH X 1 11,150 FEDERAL REALTY INVT TR SH BEN INT NEW 313747206 77 1,850 SH X 1 1,850 FEDERAL REALTY INVT TR SH BEN INT NEW 313747206 42 1,000 SH X 2 1,000 FIFTH THIRD BANCORP COM 316773100 672 12,487 SH X 1 12,487 FIRST DATA CORP COM 319963104 18,264 410,240 SH X 1 405,635 2,187 2,418 FIRST DATA CORP COM 319963104 2,195 49,298 SH X 1 38,198 10,600 500 FIRST DATA CORP COM 319963104 1,467 32,955 SH X 2 25,885 7,070 FIRST DATA CORP COM 319963104 668 15,000 SH X 2 15,000 FIRST MARINER BANCORP COM 320795107 214 12,565 SH X 1 12,565 FIRST HEALTH GROUP CORP COM 320960107 7,731 495,235 SH X 1 494,855 380 FIRST HEALTH GROUP CORP COM 320960107 164 10,525 SH X 1 10,525 FIRST HEALTH GROUP CORP COM 320960107 2,180 139,635 SH X 2 119,370 20,265 FISERV INC COM 337738108 39 1,000 SH X 1 1,000 FISERV INC COM 337738108 84 2,150 SH X 1 2,150 FISERV INC COM 337738108 383 9,850 SH X 2 9,850 FLOWERS FOODS INC COM 343498101 289 11,052 SH X 1 11,052 FLOWSERVE CORP COM 34354P105 374 15,000 SH X 2 15,000 FOREST LABS INC COM 345838106 14,505 256,141 SH X 1 254,187 904 1,050 FOREST LABS INC COM 345838106 1,323 23,359 SH X 1 23,034 325 FOREST LABS INC COM 345838106 1,521 26,867 SH X 2 22,231 4,636 FORTUNE BRANDS INC COM 349631101 158 2,100 SH X 1 2,100 FORTUNE BRANDS INC COM 349631101 283 3,750 SH X 1 3,750 FORWARD AIR CORP COM 349853101 5,665 151,481 SH X 1 151,481 FORWARD AIR CORP COM 349853101 31,561 843,865 SH X 2 629,949 213,916 FRANKLIN BANK CORP 352448203 171 10,115 SH X 2 10,115 FRANKLIN RES INC COM 354613101 204 4,075 SH X 1 4,075 FRANKLIN RES INC COM 354613101 7 140 SH X 2 140 FUEL-TECH N V COM 359523107 165 32,400 SH X 1 32,400 FULLER H B CO COM 359694106 1,082 38,100 SH X 1 38,100 GANNETT INC COM 364730101 1,424 16,783 SH X 1 16,783 GANNETT INC COM 364730101 300 3,540 SH X 1 2,140 1,400 GEN-PROBE INC NEW COM 36866T103 1,814 38,327 SH X 1 38,327 GEN-PROBE INC NEW COM 36866T103 10,198 215,508 SH X 2 186,807 28,701 GENERAL DYNAMICS CORP COM 369550108 1,972 19,860 SH X 1 19,845 15 GENERAL DYNAMICS CORP COM 369550108 17 170 SH X 1 170 GENERAL DYNAMICS CORP COM 369550108 555 5,585 SH X 2 4,770 815 GENERAL ELEC CO COM 369604103 65,933 2,034,966 SH X 1 2,021,317 10,219 3,430 GENERAL ELEC CO COM 369604103 25,782 795,749 SH X 1 771,749 24,000 GENERAL ELEC CO COM 369604103 5,340 164,802 SH X 2 114,717 50,085 GENERAL ELEC CO COM 369604103 975 30,100 SH X 2 30,100 GENERAL MLS INC COM 370334104 321 6,750 SH X 1 6,750 GENERAL MLS INC COM 370334104 33 700 SH X 2 700 GETTY IMAGES INC COM 374276103 7,432 123,861 SH X 1 123,861 GETTY IMAGES INC COM 374276103 41,212 686,865 SH X 2 512,012 174,853 GETTY IMAGES INC COM 374276103 346 5,771 SH X 2 5,771 GILLETTE CO COM 375766102 952 22,452 SH X 1 22,452 GILLETTE CO COM 375766102 32 760 SH X 2 760 GILLETTE CO COM 375766102 3,816 90,000 SH X 2 90,000 GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 516 12,446 SH X 1 12,146 300 GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 2,595 62,601 SH X 1 62,601 GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 26 620 SH X 2 620 GLENBOROUGH RLTY TR INC COM 37803P105 309 16,845 SH X 1 16,845 GLENBOROUGH RLTY TR INC COM 37803P105 4 200 SH X 1 200 GLIMCHER RLTY TR SH BEN INT 379302102 441 19,930 SH X 1 19,930 GLIMCHER RLTY TR SH BEN INT 379302102 6 250 SH X 1 250 GOLDMAN SACHS GROUP INC COM 38141G104 31 325 SH X 1 325 GOLDMAN SACHS GROUP INC COM 38141G104 38 400 SH X 1 400 GOLDMAN SACHS GROUP INC COM 38141G104 471 5,000 SH X 2 5,000 GPS INDS INC COM 383870102 1 10,000 SH X 1 10,000 GRAINGER W W INC COM 384802104 104 1,800 SH X 1 1,800 GRAINGER W W INC COM 384802104 71 1,240 SH X 1 1,240 GRAINGER W W INC COM 384802104 2,588 45,000 SH X 2 45,000 GUIDANT CORP COM 401698105 237 4,236 SH X 1 4,236 GUIDANT CORP COM 401698105 1,678 30,032 SH X 1 30,032 GUIDANT CORP COM 401698105 6 100 SH X 2 100 HCA INC COM 404119109 1,903 45,760 SH X 1 45,360 400 HCA INC COM 404119109 67 1,600 SH X 1 1,600 HCA INC COM 404119109 34 825 SH X 2 825 HANDLEMAN CO DEL COM 410252100 783 33,800 SH X 1 33,800 HARTFORD FINL SVCS GROUP INC COM 416515104 371 5,390 SH X 1 5,390 HARTFORD FINL SVCS GROUP INC COM 416515104 37 535 SH X 2 535 HEALTH CARE PPTY INVS INC COM 421915109 690 28,690 SH X 1 28,690 HEALTH CARE PPTY INVS INC COM 421915109 64 2,650 SH X 1 2,650 HEALTH CARE PPTY INVS INC COM 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35,100 HILB ROGAL & HOBBS CO COM 431294107 71 2,000 SH X 1 2,000 HILB ROGAL & HOBBS CO COM 431294107 36 1,000 SH X 2 1,000 HOLLINGER INTL INC CL A 435569108 1,313 78,200 SH X 1 78,200 HOME DEPOT INC COM 437076102 3,778 107,340 SH X 1 107,340 HOME DEPOT INC COM 437076102 1,910 54,249 SH X 1 54,249 HOME DEPOT INC COM 437076102 165 4,675 SH X 2 1,800 2,875 HOME DEPOT INC COM 437076102 405 11,500 SH X 2 11,500 HONEYWELL INTL INC COM 438516106 358 9,776 SH X 1 9,776 HONEYWELL INTL INC COM 438516106 258 7,044 SH X 1 7,044 HONEYWELL INTL INC COM 438516106 62 1,687 SH X 2 1,687 HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 787 18,610 SH X 1 18,610 HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 48 1,125 SH X 1 1,125 HOST MARRIOTT CORP NEW COM 44107P104 181 14,615 SH X 1 14,615 HOST MARRIOTT CORP NEW COM 44107P104 58 4,700 SH X 1 4,700 HOT TOPIC INC COM 441339108 2,572 125,502 SH X 1 125,502 HOT TOPIC INC COM 441339108 14,471 706,262 SH X 2 526,095 180,167 I-MANY INC COM 44973Q103 5 3,837 SH X 1 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1,340 INTERACTIVECORP COM 45840Q101 684 22,705 SH X 1 22,355 350 INTERACTIVECORP COM 45840Q101 1,369 45,421 SH X 2 36,581 8,840 INTERGRAPH CORP COM 458683109 1,748 67,600 SH X 1 67,600 INTERMAGNETICS GEN CORP COM 458771102 265 7,777 SH X 1 7,777 INTERNATIONAL BUSINESS MACHS COM 459200101 12,271 139,210 SH X 1 134,762 3,048 1,400 INTERNATIONAL BUSINESS MACHS COM 459200101 6,022 68,321 SH X 1 57,506 10,565 250 INTERNATIONAL BUSINESS MACHS COM 459200101 735 8,336 SH X 2 8,336 INTERNATIONAL FLAVORS&FRAGRA COM 459506101 198 5,285 SH X 1 5,285 INTERNATIONAL FLAVORS&FRAGRA COM 459506101 224 6,000 SH X 1 6,000 IPIX CORP PAR VALUE 0.001 RE 46059S903 156 11,169 SH X 1 11,169 INTERNET SEC SYS INC COM 46060X107 839 54,700 SH X 1 54,700 IPASS INC COM 46261V108 2,849 269,064 SH X 1 269,064 IPASS INC COM 46261V108 16,032 1,513,841 SH X 2 1,312,749 201,092 IPAYMENT INC COM 46262E105 2,500 60,964 SH X 1 60,964 IPAYMENT INC COM 46262E105 13,895 338,901 SH X 2 293,748 45,153 ISHARES TR MSCI EAFE IDX 464287465 1,151 8,050 SH X 1 8,050 J P MORGAN CHASE & CO COM 46625H100 1,099 28,335 SH X 1 28,335 J P MORGAN CHASE & CO COM 46625H100 343 8,845 SH X 1 595 8,250 J P MORGAN CHASE & CO COM 46625H100 34 870 SH X 2 870 J P MORGAN CHASE & CO COM 46625H100 582 15,000 SH X 2 15,000 JABIL CIRCUIT INC COM 466313103 47 1,870 SH X 1 1,870 JABIL CIRCUIT INC COM 466313103 290 11,500 SH X 2 11,500 JACOBS ENGR GROUP INC DEL COM 469814107 11,284 286,532 SH X 1 284,385 997 1,150 JACOBS ENGR GROUP INC DEL COM 469814107 544 13,822 SH X 1 13,422 400 JACOBS ENGR GROUP INC DEL COM 469814107 1,081 27,441 SH X 2 21,992 5,449 JOHNSON & JOHNSON COM 478160104 14,392 258,392 SH X 1 252,607 5,085 700 JOHNSON & JOHNSON COM 478160104 10,104 181,403 SH X 1 172,903 8,000 500 JOHNSON & JOHNSON COM 478160104 2,050 36,799 SH X 2 9,124 27,675 JOHNSON & JOHNSON COM 478160104 4,846 87,000 SH X 2 87,000 JONES APPAREL GROUP INC COM 480074103 9,248 234,251 SH X 1 233,476 775 JONES APPAREL GROUP INC COM 480074103 241 6,105 SH X 1 4,605 1,500 JONES APPAREL GROUP INC COM 480074103 2,453 62,125 SH X 2 53,265 8,860 KLA-TENCOR CORP COM 482480100 227 4,600 SH X 1 4,600 KLA-TENCOR CORP COM 482480100 1 29 SH X 2 29 KIMBERLY CLARK CORP COM 494368103 2,319 35,195 SH X 1 35,045 125 25 KIMBERLY CLARK CORP COM 494368103 43 655 SH X 1 655 KIMBERLY CLARK CORP COM 494368103 654 9,930 SH X 2 7,940 1,990 KIMBERLY CLARK CORP COM 494368103 316 4,800 SH X 2 4,800 KIMCO REALTY CORP COM 49446R109 301 6,617 SH X 1 6,617 KIMCO REALTY CORP COM 49446R109 72 1,575 SH X 1 1,575 KINDER MORGAN INC KANS COM 49455P101 1,744 29,408 SH X 1 28,408 1,000 KINDER MORGAN INC KANS COM 49455P101 415 7,000 SH X 1 1,500 5,500 KINDER MORGAN INC KANS COM 49455P101 445 7,500 SH X 2 7,500 KINDER MORGAN MANAGEMENT LLC SHS 49455U100 1,620 44,058 SH X 1 44,058 KINDER MORGAN ENERGY PARTNER UT LTD PARTNER 494550106 528 12,980 SH X 1 12,980 KOHLS CORP COM 500255104 17,588 415,983 SH X 1 412,955 1,228 1,800 KOHLS CORP COM 500255104 1,316 31,136 SH X 1 30,686 450 KOHLS CORP COM 500255104 1,513 35,775 SH X 2 28,520 7,255 L-3 COMMUNICATIONS HLDGS INC COM 502424104 16,681 249,712 SH X 1 248,179 738 795 L-3 COMMUNICATIONS HLDGS INC COM 502424104 1,395 20,880 SH X 1 20,330 550 L-3 COMMUNICATIONS HLDGS INC COM 502424104 1,867 27,949 SH X 2 18,280 9,669 LABORATORY CORP AMER HLDGS COM NEW 50540R409 21,421 539,583 SH X 1 535,211 1,717 2,655 LABORATORY CORP AMER HLDGS COM NEW 50540R409 1,842 46,409 SH X 1 43,459 2,950 LABORATORY CORP AMER HLDGS COM NEW 50540R409 3,213 80,928 SH X 2 57,441 23,487 LABORATORY CORP AMER HLDGS COM NEW 50540R409 413 10,400 SH X 2 10,400 LANDSTAR SYS INC COM 515098101 211 4,000 SH X 1 4,000 LANDSTAR SYS INC COM 515098101 529 10,000 SH X 2 10,000 LAUREATE EDUCATION INC COM 518613104 3,437 89,875 SH X 1 89,875 LAUREATE EDUCATION INC 518613906 1,919 50,184 SH X 1 50,184 LAUREATE EDUCATION INC 518613914 3,824 100,000 SH X 1 100,000 LEGG MASON INC COM 524901105 83 915 SH X 1 915 LEGG MASON INC COM 524901105 577 6,335 SH X 1 6,335 LEGG MASON INC COM 524901105 5 54 SH X 2 54 LIBERTY MEDIA CORP NEW COM SER A 530718105 48 5,360 SH X 1 5,360 LIBERTY MEDIA CORP NEW COM SER A 530718105 105 11,698 SH X 2 11,698 LILLY ELI & CO COM 532457108 19,058 272,609 SH X 1 270,146 1,568 895 LILLY ELI & CO COM 532457108 2,803 40,094 SH X 1 39,344 750 LILLY ELI & CO COM 532457108 1,858 26,574 SH X 2 20,099 6,475 LILLY ELI & CO COM 532457108 17 250 SH X 2 250 LINCOLN ELEC HLDGS INC COM 533900106 1,510 44,300 SH X 1 44,300 LINCOLN NATL CORP IND COM 534187109 7,908 167,372 SH X 1 167,247 125 LINCOLN NATL CORP IND COM 534187109 160 3,395 SH X 1 3,395 LINCOLN NATL CORP IND COM 534187109 2,134 45,165 SH X 2 38,805 6,360 LIZ CLAIBORNE INC COM 539320101 320 8,900 SH X 2 8,900 LOCKHEED MARTIN CORP COM 539830109 66 1,275 SH X 1 1,275 LOCKHEED MARTIN CORP COM 539830109 280 5,382 SH X 1 5,382 LOCKHEED MARTIN CORP COM 539830109 32 605 SH X 2 605 LOWES COS INC COM 548661107 15,609 297,030 SH X 1 295,565 545 920 LOWES COS INC COM 548661107 3,847 73,203 SH X 1 73,203 LOWES COS INC COM 548661107 1,456 27,702 SH X 2 22,838 4,864 LOWES COS INC COM 548661107 13 250 SH X 2 250 MBIA INC COM 55262C100 2,933 51,350 SH X 1 50,650 700 MBIA INC COM 55262C100 438 7,660 SH X 1 3,560 1,350 2,750 MBIA INC COM 55262C100 13 230 SH X 2 230 MBIA INC COM 55262C100 571 10,000 SH X 2 10,000 MBNA CORP COM 55262L100 4,140 160,514 SH X 1 160,514 MBNA CORP COM 55262L100 3,400 131,829 SH X 1 126,829 5,000 MBNA CORP COM 55262L100 145 5,619 SH X 2 5,219 400 MBNA CORP COM 55262L100 387 15,000 SH X 2 15,000 MDC PARTNERS INC CL A SUB VTG 552697104 1,462 121,900 SH X 1 121,900 MACERICH CO COM 554382101 650 13,575 SH X 1 13,575 MACERICH CO COM 554382101 69 1,450 SH X 1 1,450 MACK CALI RLTY CORP COM 554489104 577 13,940 SH X 1 13,940 MACK CALI RLTY CORP COM 554489104 60 1,450 SH X 1 1,450 MARSH & MCLENNAN COS INC COM 571748102 10,601 233,597 SH X 1 232,718 44 835 MARSH & MCLENNAN COS INC COM 571748102 1,047 23,070 SH X 1 22,795 275 MARSH & MCLENNAN COS INC COM 571748102 2,412 53,150 SH X 2 45,665 7,485 MARRIOTT INTL INC NEW CL A 571903202 15,572 312,183 SH X 1 310,146 797 1,240 MARRIOTT INTL INC NEW CL A 571903202 673 13,498 SH X 1 13,498 MARRIOTT INTL INC NEW CL A 571903202 1,901 38,117 SH X 2 30,562 7,555 MARTEK BIOSCIENCES CORP COM 572901106 1,817 32,345 SH X 1 32,345 MARTEK BIOSCIENCES CORP COM 572901106 10,103 179,868 SH X 2 155,861 24,007 MATRIX SVC CO COM 576853105 760 83,100 SH X 1 83,100 MATTEL INC COM 577081102 9,538 522,610 SH X 1 519,135 3,475 MATTEL INC COM 577081102 279 15,270 SH X 1 11,370 3,900 MATTEL INC COM 577081102 2,477 135,720 SH X 2 116,700 19,020 MCCORMICK & CO INC COM VTG 579780107 307 9,000 SH X 1 9,000 MCCORMICK & CO INC COM NON VTG 579780206 1,542 45,346 SH X 1 45,346 MCCORMICK & CO INC COM NON VTG 579780206 515 15,135 SH X 1 15,135 MCCORMICK & CO INC COM NON VTG 579780206 5 141 SH X 2 141 MCDONALDS CORP COM 580135101 274 10,544 SH X 1 10,544 MCGRAW HILL COS INC COM 580645109 133 1,735 SH X 1 1,735 MCGRAW HILL COS INC COM 580645109 107 1,400 SH X 1 1,400 MCGRAW HILL COS INC COM 580645109 61 800 SH X 2 800 MCKESSON CORP COM 58155Q103 5,719 166,576 SH X 1 166,451 125 MCKESSON CORP COM 58155Q103 117 3,420 SH X 1 3,420 MCKESSON CORP COM 58155Q103 1,555 45,305 SH X 2 38,745 6,560 MEADWESTVACO CORP COM 583334107 1,236 42,042 SH X 1 42,042 MEDCO HEALTH SOLUTIONS INC COM 58405U102 993 26,483 SH X 1 26,483 MEDCO HEALTH SOLUTIONS INC COM 58405U102 383 10,200 SH X 1 9,165 1,035 MEDICINES CO COM 584688105 27 885 SH X 1 885 MEDICINES CO COM 584688105 175 5,750 SH X 2 5,750 MEDIMMUNE INC COM 584699102 81 3,450 SH X 1 3,450 MEDIMMUNE INC COM 584699102 23 1,000 SH X 1 1,000 MEDIMMUNE INC COM 584699102 152 6,500 SH X 2 6,500 MEDTRONIC INC COM 585055106 20,042 411,372 SH X 1 409,295 1,277 800 MEDTRONIC INC COM 585055106 2,914 59,814 SH X 1 58,902 600 312 MEDTRONIC INC COM 585055106 1,940 39,816 SH X 2 29,780 10,036 MEDTRONIC INC COM 585055106 780 16,000 SH X 2 16,000 MELLON FINL CORP COM 58551A108 14,961 510,076 SH X 1 505,388 2,473 2,215 MELLON FINL CORP COM 58551A108 610 20,789 SH X 1 19,689 1,100 MELLON FINL CORP COM 58551A108 1,413 48,186 SH X 2 35,515 12,671 MERCANTILE BANKSHARES CORP COM 587405101 3,905 83,403 SH X 1 83,403 MERCANTILE BANKSHARES CORP COM 587405101 1,871 39,969 SH X 1 30,060 9,909 MERCK & CO INC COM 589331107 47,068 990,908 SH X 1 989,778 235 895 MERCK & CO INC COM 589331107 12,046 253,602 SH X 1 234,182 19,420 MERCK & CO INC COM 589331107 5,283 111,219 SH X 2 87,630 23,589 MERCK & CO INC COM 589331107 117 2,464 SH X 2 2,464 MERITOR SVGS BK PA COM 590007100 394 118,000 SH X 1 118,000 METROPOLITAN HEALTH NETWORKS COM 592142103 21 22,050 SH X 1 22,050 MICROSOFT CORP COM 594918104 41,534 1,454,263 SH X 1 1,447,076 4,062 3,125 MICROSOFT CORP COM 594918104 8,969 314,029 SH X 1 312,329 1,700 MICROSOFT CORP COM 594918104 4,209 147,373 SH X 2 96,858 50,515 MICROSOFT CORP COM 594918104 1,724 60,356 SH X 2 60,356 MICROCHIP TECHNOLOGY INC COM 595017104 426 13,500 SH X 2 13,500 MIDDLEBY CORP COM 596278101 259 4,750 SH X 1 4,750 MILLIPORE CORP COM 601073109 282 5,000 SH X 1 5,000 MILLIPORE CORP COM 601073109 45 800 SH X 1 800 MILLIPORE CORP COM 601073109 454 8,050 SH X 2 8,050 MILLS CORP COM 601148109 803 17,190 SH X 1 17,190 MILLS CORP COM 601148109 46 975 SH X 1 975 MILLS CORP COM 601148109 1,150 24,635 SH X 2 7,335 17,300 MILLS CORP COM 601148109 240 5,135 SH X 2 5,135 MOLEX INC COM 608554101 783 24,413 SH X 2 24,413 MONSANTO CO NEW COM 61166W101 231 6,004 SH X 1 6,004 MONSANTO CO NEW COM 61166W101 0 1 SH X 2 1 MOODYS CORP COM 615369105 2,163 33,450 SH X 1 33,350 100 MOODYS CORP COM 615369105 1,122 17,352 SH X 1 17,352 MORGAN STANLEY COM NEW 617446448 15,187 287,800 SH X 1 286,245 690 865 MORGAN STANLEY COM NEW 617446448 1,333 25,252 SH X 1 24,652 600 MORGAN STANLEY COM NEW 617446448 1,443 27,351 SH X 2 19,915 7,436 MOTOROLA INC COM 620076109 190 10,400 SH X 1 10,400 MOTOROLA INC COM 620076109 153 8,361 SH X 1 8,361 MOTOROLA INC COM 620076109 28 1,554 SH X 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470 20,000 SH X 2 20,000 NEXTEL COMMUNICATIONS INC CL A 65332V103 274 10,276 SH X 1 10,276 NEXTEL COMMUNICATIONS INC CL A 65332V103 10 385 SH X 1 385 NEXTEL COMMUNICATIONS INC CL A 65332V103 80 3,000 SH X 2 3,000 NOKIA CORP SPONSORED ADR 654902204 306 21,030 SH X 1 21,030 NOKIA CORP SPONSORED ADR 654902204 54 3,690 SH X 1 3,690 NOKIA CORP SPONSORED ADR 654902204 13 895 SH X 2 895 NOKIA CORP SPONSORED ADR 654902204 73 5,000 SH X 2 5,000 NORFOLK SOUTHERN CORP COM 655844108 595 22,450 SH X 1 19,950 2,500 NORTHERN TR CORP COM 665859104 497 11,750 SH X 1 11,750 NORTHERN TR CORP COM 665859104 12 290 SH X 2 290 NORTHROP GRUMMAN CORP COM 666807102 409 7,614 SH X 1 7,614 NORTHROP GRUMMAN CORP COM 666807102 45 830 SH X 2 830 NVIDIA CORP COM 67066G104 440 21,500 SH X 2 21,500 ONEOK INC NEW COM 682680103 26 1,200 SH X 1 1,200 ONEOK INC NEW COM 682680103 770 34,996 SH X 1 34,996 OPHTHALMIC INTL RES LTD COM 683740104 0 10,000 SH X 1 10,000 ORACLE CORP COM 68389X105 387 32,426 SH X 1 32,426 ORACLE CORP COM 68389X105 325 27,280 SH X 1 27,280 ORACLE CORP COM 68389X105 53 4,470 SH X 2 945 3,525 OUTBACK STEAKHOUSE INC COM 689899102 10,602 256,328 SH X 1 254,928 210 1,190 OUTBACK STEAKHOUSE INC COM 689899102 984 23,801 SH X 1 23,326 475 OUTBACK STEAKHOUSE INC COM 689899102 1,210 29,260 SH X 2 23,364 5,896 OUTBACK STEAKHOUSE INC COM 689899102 124 3,000 SH X 2 3,000 OXFORD HEALTH PLANS INC COM 691471106 3,452 62,713 SH X 1 62,713 OXFORD HEALTH PLANS INC COM 691471106 369 6,700 SH X 1 6,700 OXFORD HEALTH PLANS INC COM 691471106 550 10,000 SH X 2 10,000 PPG INDS INC COM 693506107 125 2,000 SH X 1 2,000 PPG INDS INC COM 693506107 94 1,500 SH X 1 1,500 PALL CORP COM 696429307 288 11,000 SH X 2 11,000 PAN PACIFIC RETAIL PPTYS INC COM 69806L104 191 3,775 SH X 1 3,775 PAN PACIFIC RETAIL PPTYS INC COM 69806L104 53 1,050 SH X 1 1,050 PARAMETRIC TECHNOLOGY CORP COM 699173100 10,822 2,164,354 SH X 1 2,164,354 PARAMETRIC TECHNOLOGY CORP COM 699173100 424 84,795 SH X 1 84,795 PARAMETRIC TECHNOLOGY 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786429100 1,795 40,800 SH X 1 40,800 SAFECO CORP COM 786429100 440 10,000 SH X 2 10,000 SAFEGUARD SCIENTIFICS INC COM 786449108 80 34,778 SH X 1 34,778 SAFEWAY INC COM NEW 786514208 4,165 164,378 SH X 1 164,278 100 SAFEWAY INC COM NEW 786514208 69 2,730 SH X 1 2,730 SAFEWAY INC COM NEW 786514208 920 36,320 SH X 2 31,000 5,320 ST PAUL TRAVELERS INC COM 792860108 141 3,469 SH X 1 3,469 ST PAUL TRAVELERS INC COM 792860108 116 2,850 SH X 1 2,500 350 ST PAUL TRAVELERS INC COM 792860108 8 195 SH X 2 195 ST PAUL TRAVELERS INC COM 792860108 41 1,000 SH X 2 1,000 SANDY SPRING BANCORP INC COM 800363103 1,731 49,812 SH X 1 49,812 SANDY SPRING BANCORP INC COM 800363103 445 12,795 SH X 1 12,795 SARA LEE CORP COM 803111103 324 14,099 SH X 1 14,099 SAUL CTRS INC COM 804395101 405 12,600 SH X 1 12,600 SAUL CTRS INC COM 804395101 1,264 39,375 SH X 2 16,500 22,875 SAUL CTRS INC COM 804395101 216 6,725 SH X 2 6,725 SCHERING PLOUGH CORP COM 806605101 1,665 90,110 SH X 1 90,110 SCHERING PLOUGH CORP COM 806605101 100 5,400 SH X 1 5,400 SCHERING PLOUGH CORP COM 806605101 60 3,240 SH X 2 3,240 SCHLUMBERGER LTD COM 806857108 19,529 307,500 SH X 1 305,862 673 965 SCHLUMBERGER LTD COM 806857108 2,443 38,465 SH X 1 37,715 750 SCHLUMBERGER LTD COM 806857108 1,750 27,558 SH X 2 21,804 5,754 SCHLUMBERGER LTD COM 806857108 19 300 SH X 2 300 SEMTECH CORP COM 816850101 27 1,165 SH X 1 1,165 SEMTECH CORP COM 816850101 280 11,900 SH X 2 11,900 SENIOR HSG PPTYS TR SH BEN INT 81721M109 225 13,425 SH X 1 13,425 SENIOR HSG PPTYS TR SH BEN INT 81721M109 4 225 SH X 1 225 SHELL CDA LTD COM 822567103 341 5,292 SH X 1 5,292 SILGAN HOLDINGS INC COM 827048109 802 19,900 SH X 1 19,900 SIMON PPTY GROUP INC NEW COM 828806109 1,063 20,675 SH X 1 20,675 SIMON PPTY GROUP INC NEW COM 828806109 147 2,850 SH X 1 2,100 750 SIPEX CORP COM 829909100 3 500 SH X 1 500 SIPEX CORP COM 829909100 125 22,050 SH X 1 22,050 SIPEX CORP COM 829909100 523 92,000 SH X 2 92,000 SKYWORKS SOLUTIONS INC COM 83088M102 1,333 152,691 SH X 1 152,691 SKYWORKS SOLUTIONS INC COM 83088M102 7,428 850,830 SH X 2 633,974 216,856 SKILLSOFT PLC SPONSORED ADR 830928107 175 23,000 SH X 2 23,000 SMITH INTL INC COM 832110100 761 13,642 SH X 1 13,642 SMITH INTL INC COM 832110100 745 13,368 SH X 1 13,368 SMITH INTL INC COM 832110100 135 2,425 SH X 2 625 1,800 SNAP ON INC COM 833034101 7,884 235,004 SH X 1 234,779 225 SNAP ON INC COM 833034101 166 4,955 SH X 1 4,955 SNAP ON INC COM 833034101 2,175 64,815 SH X 2 55,550 9,265 SOLECTRON CORP COM 834182107 524 80,964 SH X 1 80,964 SOLECTRON CORP COM 834182107 230 35,524 SH X 1 35,524 SOLV-EX CORP NEW COM 834382103 0 19,094 SH X 1 19,094 SONOSITE INC COM 83568G104 4,058 169,172 SH X 1 169,172 SONOSITE INC COM 83568G104 236 9,825 SH X 1 9,825 SONOSITE INC COM 83568G104 23,690 987,493 SH X 2 747,121 240,372 SOUTHERN CO COM 842587107 392 13,445 SH X 1 13,445 SOUTHERN CO COM 842587107 20 700 SH X 1 700 SOUTHERN CO COM 842587107 525 18,000 SH X 2 9,000 9,000 SOUTHTRUST CORP COM 844730101 1,930 49,726 SH X 1 49,454 272 SOUTHTRUST CORP COM 844730101 231 5,951 SH X 1 5,951 SOUTHTRUST CORP COM 844730101 441 11,358 SH X 2 8,669 2,689 SOVRAN SELF STORAGE INC COM 84610H108 623 16,310 SH X 1 16,310 SOVRAN SELF STORAGE INC COM 84610H108 9 225 SH X 1 225 SPEEDWAY MOTORSPORTS INC COM 847788106 1,635 48,900 SH X 1 48,900 SPEEDWAY MOTORSPORTS INC COM 847788106 3 100 SH X 1 100 STAGE STORES INC COM NEW 85254C305 1,457 38,700 SH X 1 38,700 STATE STR CORP COM 857477103 515 10,495 SH X 1 10,495 STATE STR CORP COM 857477103 829 16,900 SH X 1 16,900 STATE STR CORP COM 857477103 88 1,800 SH X 2 1,800 STONERIDGE INC COM 86183P102 889 52,308 SH X 1 52,308 STONERIDGE INC RESTRICTED 86183P136 591 34,771 SH X 1 34,771 STORAGE TECHNOLOGY CORP COM PAR $0.10 862111200 1,714 59,100 SH X 1 59,100 STRYKER CORP COM 863667101 680 12,364 SH X 1 12,364 STRYKER CORP COM 863667101 1,188 21,600 SH X 1 21,600 SUNRISE SENIOR LIVING INC COM 86768K106 7,984 203,994 SH X 1 203,994 SUNRISE SENIOR LIVING INC COM 86768K106 44,482 1,136,490 SH X 2 847,045 289,445 SUNTRUST BKS INC COM 867914103 210 3,236 SH X 1 3,236 SUNTRUST BKS INC COM 867914103 457 7,033 SH X 1 2,033 5,000 SYMANTEC CORP COM 871503108 412 9,400 SH X 2 9,400 SYMYX TECHNOLOGIES COM 87155S108 2,987 123,851 SH X 1 123,851 SYMYX TECHNOLOGIES COM 87155S108 132 5,475 SH X 1 5,475 SYMYX TECHNOLOGIES COM 87155S108 16,950 702,728 SH X 2 526,790 175,938 SYNPLICITY INC COM 87160Y108 1,706 284,352 SH X 1 284,352 SYNPLICITY INC COM 87160Y108 9,444 1,574,310 SH X 2 1,171,417 402,893 SYNOPSYS INC COM 871607107 2,835 99,719 SH X 1 99,719 SYNOPSYS INC COM 871607107 320 11,250 SH X 1 11,250 SYNOPSYS INC COM 871607107 16,191 569,520 SH X 2 428,614 140,906 SYSCO CORP COM 871829107 1,473 41,057 SH X 1 40,257 800 SYSCO CORP COM 871829107 800 22,300 SH X 1 22,300 TJX COS INC NEW COM 872540109 3,715 153,900 SH X 1 151,400 2,500 TANGER FACTORY OUTLET CTRS I COM 875465106 769 19,665 SH X 1 19,665 TANGER FACTORY OUTLET CTRS I COM 875465106 42 1,075 SH X 1 1,075 TARGET CORP COM 87612E106 13,677 322,045 SH X 1 320,181 659 1,205 TARGET CORP COM 87612E106 2,405 56,623 SH X 1 56,023 600 TARGET CORP COM 87612E106 1,487 35,016 SH X 2 25,058 9,958 TECHNITROL INC COM 878555101 1,080 49,300 SH X 1 49,300 TEKELEC COM 879101103 6,292 346,307 SH X 1 346,307 TEKELEC COM 879101103 216 11,900 SH X 1 11,900 TEKELEC COM 879101103 34,921 1,921,922 SH X 2 1,433,605 488,317 TERADYNE INC COM 880770102 5 200 SH X 1 200 TERADYNE INC COM 880770102 261 11,500 SH X 2 11,500 TETRA TECH, INC RESTRICTED 88162G137 6,120 374,992 SH X 1 374,992 TEVA PHARMACEUTICAL INDS LTD ADR 881624209 451 6,720 SH X 2 6,720 TEXAS INSTRS INC COM 882508104 9,951 411,537 SH X 1 409,914 423 1,200 TEXAS INSTRS INC COM 882508104 820 33,896 SH X 1 33,246 650 TEXAS INSTRS INC COM 882508104 608 25,165 SH X 2 17,362 7,803 3COM CORP COM 885535104 188 30,000 SH X 2 30,000 3M CO COM 88579Y101 5,225 58,047 SH X 1 57,947 100 3M CO COM 88579Y101 3,059 33,981 SH X 1 33,481 500 3M CO COM 88579Y101 2,520 28,000 SH X 2 28,000 TIFFANY & CO NEW COM 886547108 1,750 47,483 SH X 1 47,483 TIFFANY & CO NEW COM 886547108 18 495 SH X 1 495 TIFFANY & CO NEW COM 886547108 53 1,450 SH X 2 1,450 TIME WARNER INC COM 887317105 14,687 835,414 SH X 1 831,855 1,609 1,950 TIME WARNER INC COM 887317105 607 34,509 SH X 1 33,659 850 TIME WARNER INC COM 887317105 2,130 121,159 SH X 2 103,053 18,106 TIME WARNER INC COM 887317105 440 25,000 SH X 2 25,000 TIPPERARY CORP COM PAR $0.02 888002300 132 36,800 SH X 1 36,800 TIVO INC COM 888706108 1,120 157,924 SH X 1 157,924 TIVO INC COM 888706108 6,270 884,353 SH X 2 766,500 117,853 TOTAL S A SPONSORED ADR 89151E109 192 2,000 SH X 1 2,000 TOTAL S A SPONSORED ADR 89151E109 132 1,370 SH X 1 1,370 TOTAL S A SPONSORED ADR 89151E109 26 270 SH X 2 270 TREX INC COM 89531P105 3,390 89,790 SH X 1 89,790 TREX INC COM 89531P105 18,936 501,612 SH X 2 374,086 127,526 TRIAD HOSPITALS INC COM 89579K109 402 10,800 SH X 2 10,800 TRIARC COS INC CL A 895927101 1,494 144,600 SH X 1 144,600 TRIZEC PROPERTIES INC COM 89687P107 587 36,100 SH X 1 36,100 TWEETER HOME ENTMT GROUP INC COM 901167106 421 77,874 SH X 1 77,874 TWEETER HOME ENTMT GROUP INC COM 901167106 2,331 431,718 SH X 2 320,774 110,944 TYCO INTL LTD NEW COM 902124106 5,333 160,915 SH X 1 160,865 50 TYCO INTL LTD NEW COM 902124106 457 13,795 SH X 1 9,995 3,800 TYCO INTL LTD NEW COM 902124106 597 18,005 SH X 2 15,505 2,500 TYCO INTL LTD NEW COM 902124106 497 15,000 SH X 2 15,000 US BANCORP DEL COM NEW 902973304 158 5,740 SH X 1 5,740 US BANCORP DEL COM NEW 902973304 99 3,581 SH X 2 3,581 UNION PAC CORP COM 907818108 4,878 82,045 SH X 1 81,995 50 UNION PAC CORP COM 907818108 193 3,250 SH X 1 3,200 50 UNION PAC CORP COM 907818108 1,096 18,430 SH X 2 15,445 2,985 UNITED DEFENSE INDS INC COM 91018B104 1,089 31,100 SH X 1 31,100 UNITED DOMINION REALTY TR IN COM 910197102 585 29,565 SH X 1 29,565 UNITED DOMINION REALTY TR IN COM 910197102 45 2,275 SH X 1 2,275 UNITED TECHNOLOGIES CORP COM 913017109 2,914 31,855 SH X 1 31,855 UNITED TECHNOLOGIES CORP COM 913017109 561 6,135 SH X 1 6,135 UNITED TECHNOLOGIES CORP COM 913017109 897 9,800 SH X 2 9,800 UNITEDHEALTH GROUP INC COM 91324P102 212 3,400 SH X 1 3,400 VEECO INSTRS INC DEL COM 922417100 416 16,100 SH X 1 16,100 VELCRO INDS N V COM 922571104 183 15,900 SH X 1 15,900 VERIZON COMMUNICATIONS COM 92343V104 1,278 35,308 SH X 1 35,308 VERIZON COMMUNICATIONS COM 92343V104 796 21,996 SH X 1 21,048 948 VERIZON COMMUNICATIONS COM 92343V104 173 4,785 SH X 2 4,050 735 VERITAS SOFTWARE CO COM 923436109 18,682 672,246 SH X 1 667,517 2,339 2,390 VERITAS SOFTWARE CO COM 923436109 1,221 43,923 SH X 1 42,998 925 VERITAS SOFTWARE CO COM 923436109 1,914 68,860 SH X 2 55,536 13,324 VIACOM INC CL B 925524308 12,975 363,234 SH X 1 360,820 1,069 1,345 VIACOM INC CL B 925524308 683 19,120 SH X 1 18,870 250 VIACOM INC CL B 925524308 1,289 36,092 SH X 2 28,440 7,652 VIACOM INC CL B 925524308 161 4,500 SH X 2 4,500 VIROLOGIC INC COM 92823R201 304 123,885 SH X 1 123,885 VIROLOGIC INC COM 92823R201 1,475 601,965 SH X 2 521,620 80,345 VISUAL NETWORKS INC COM 928444108 214 70,583 SH X 1 70,583 VODAFONE GROUP PLC NEW SPONSORED ADR 92857W100 548 24,790 SH X 1 24,790 VODAFONE GROUP PLC NEW SPONSORED ADR 92857W100 153 6,930 SH X 1 6,930 VODAFONE GROUP PLC NEW SPONSORED ADR 92857W100 359 16,250 SH X 2 16,250 VORNADO RLTY TR SH BEN INT 929042109 1,073 18,795 SH X 1 18,795 VORNADO RLTY TR SH BEN INT 929042109 110 1,925 SH X 1 1,925 VULCAN MATLS CO COM 929160109 256 5,375 SH X 1 5,375 W-H ENERGY SVCS INC COM 92925E108 304 15,500 SH X 2 15,500 WACHOVIA CORP 2ND NEW COM 929903102 8,274 185,932 SH X 1 183,802 2,000 130 WACHOVIA CORP 2ND NEW COM 929903102 1,629 36,613 SH X 1 35,613 1,000 WACHOVIA CORP 2ND NEW COM 929903102 1,988 44,665 SH X 2 38,305 6,360 WACHOVIA CORP 2ND NEW COM 929903102 89 2,000 SH X 2 2,000 WAL MART STORES INC COM 931142103 3,655 69,281 SH X 1 62,231 7,050 WAL MART STORES INC COM 931142103 366 6,935 SH X 1 6,335 600 WAL MART STORES INC COM 931142103 25 475 SH X 2 475 WALGREEN CO COM 931422109 17,381 480,004 SH X 1 476,424 1,400 2,180 WALGREEN CO COM 931422109 1,721 47,535 SH X 1 46,935 600 WALGREEN CO COM 931422109 1,719 47,486 SH X 2 36,016 11,470 WALGREEN CO COM 931422109 289 7,975 SH X 2 7,975 WASHINGTON MUT INC COM 939322103 5,103 132,056 SH X 1 131,961 95 WASHINGTON MUT INC COM 939322103 116 3,005 SH X 1 3,005 WASHINGTON MUT INC COM 939322103 1,374 35,570 SH X 2 30,440 5,130 WASHINGTON POST CO CL B 939640108 744 800 SH X 1 800 WASHINGTON POST CO CL B 939640108 166 179 SH X 1 179 WASHINGTON POST CO CL B 939640108 126 135 SH X 2 135 WASHINGTON REAL ESTATE INVT SH BEN INT 939653101 540 18,375 SH X 1 18,375 WASHINGTON REAL ESTATE INVT SH BEN INT 939653101 60 2,050 SH X 1 2,050 WATERS CORP COM 941848103 145 3,037 SH X 1 3,037 WATERS CORP COM 941848103 91 1,900 SH X 1 1,900 VASTERA INC, RESTRICTED 943995100 45 15,000 SH X 2 15,000 WEBEX COMMUNICATIONS INC COM 94767L109 5,527 253,978 SH X 1 253,978 WEBEX COMMUNICATIONS INC COM 94767L109 237 10,885 SH X 1 10,885 WEBEX COMMUNICATIONS INC COM 94767L109 31,824 1,462,493 SH X 2 1,096,305 366,188 WELLCHOICE INC COM 949475107 965 23,300 SH X 1 23,000 300 WELLPOINT HEALTH NETWORK NEW COM 94973H108 6,396 57,100 SH X 1 55,800 1,300 WELLPOINT HEALTH NETWORK NEW COM 94973H108 336 3,000 SH X 1 3,000 WELLPOINT HEALTH NETWORK NEW COM 94973H108 1,120 10,000 SH X 2 10,000 WELLS FARGO & CO NEW COM 949746101 3,595 62,810 SH X 1 61,810 1,000 WELLS FARGO & CO NEW COM 949746101 1,649 28,820 SH X 1 23,720 5,100 WELLS FARGO & CO NEW COM 949746101 135 2,365 SH X 2 1,380 985 WELLS FARGO & CO NEW COM 949746101 572 10,000 SH X 2 10,000 WELLSFORD REAL PPTYS INC COM NEW 950240200 403 25,900 SH X 1 25,900 WERNER ENTERPRISES INC COM 950755108 394 18,677 SH X 2 18,677 WEYERHAEUSER CO COM 962166104 295 4,674 SH X 1 4,674 WHITE ELECTRONIC DESIGNS 963801907 462 88,261 SH X 1 88,261 WHOLE FOODS MKT INC COM 966837106 747 7,825 SH X 1 7,825 WHOLE FOODS MKT INC COM 966837106 134 1,400 SH X 1 1,400 WILEY JOHN & SONS INC CL A 968223206 250 7,800 SH X 1 7,800 WILMINGTON TRUST CORP COM 971807102 1,152 30,950 SH X 1 30,950 WILMINGTON TRUST CORP COM 971807102 11 306 SH X 1 306 WILMINGTON TRUST CORP COM 971807102 965 25,935 SH X 2 12,535 13,400 WILMINGTON TRUST CORP COM 971807102 298 8,000 SH X 2 8,000 WIND RIVER SYSTEMS INC COM 973149107 4,822 410,006 SH X 1 410,006 WIND RIVER SYSTEMS INC COM 973149107 191 16,200 SH X 1 16,200 WIND RIVER SYSTEMS INC COM 973149107 27,573 2,344,603 SH X 2 1,763,948 580,655 WORLDCOM INC WORLDCOM GROUP COM 98157D106 0 10,918 SH X 1 10,918 WYETH COM 983024100 3,468 95,894 SH X 1 90,094 4,300 1,500 WYETH COM 983024100 500 13,823 SH X 1 11,823 2,000 WYETH COM 983024100 18 489 SH X 2 489 WYETH COM 983024100 3,074 85,000 SH X 2 85,000 XTO ENERGY INC COM 98385X106 20 681 SH X 1 681 XTO ENERGY INC COM 98385X106 503 16,875 SH X 2 16,875 XEROX CORP COM 984121103 151 10,380 SH X 1 10,380 XEROX CORP COM 984121103 363 25,000 SH X 2 25,000 ZIMMER HLDGS INC COM 98956P102 649 7,358 SH X 1 7,158 200 ZIMMER HLDGS INC COM 98956P102 880 9,975 SH X 1 9,930 45 ZIMMER HLDGS INC COM 98956P102 2 28 SH X 2 28 BROWN ADVISORY VALUE EQUITY 990990012 70,912 2,236 SH X 1 2,236 BROWN ADVISORY VALUE EQUITY 990990012 9,822 309 SH X 1 309 DIRECTGENE, INC 9960500S0 150 50,078 SH X 2 50,078 GENERAL ELECTRIC CO. - 999831035 2,325 71,765 SH X 1 71,765 PROCTER & GAMBLE CO. - 999831050 2,975 54,643 SH X 1 54,643 BROWN ADVISORY HOLDINGS INC 999997364 7,113 181,365 SH X 1 14,738 166,627 FINAL TOTALS 2,972,882 FORM 13F INFORMATION TABLE ENTRY TOTAL 1088

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