PROVIDENT TRUST COMPANY
SEC # 801-58213
"September 30, 2003"

										
								Voting Authority
		Type of		Market		Investment	Other
Shares	Security	Class	Price	Value	Cusip	Discretion	Managers	Sole	Shared	None

"6,913"	ABBOTT LABS COM	Com	$42.55 	"$294,148.15 "	2824100	Sole		"6,913"
"1,500"	ACTUANT CORPORATION	Com	$56.15 	"$84,225.00 "	00508X203	Sole		"1,500"
"7,600"	AFLAC INC.	Com	$32.30 	"$245,480.00 "	1055102	Sole		"7,600"
"38,208"	AMERICAN INTL GROUP COM	Com	$57.70 	"$2,204,601.60 "	26874107	Sole		"38,208"
"1,118,515"	AMERITRADE HOLDING CORP.	Com	$11.44 	"$12,795,811.60 "	03074k100	Sole		"1,118,515"
"1,856"	AMGEN INC.	Com	$64.52 	"$119,749.12 "	31162100	Sole		"1,856"
"3,000"	AON CORP	Com	$20.85 	"$62,550.00 "	37389103	Sole		"3,000"
"12,250"	APW LTD COM	Com	$0.03 	$367.50 	G04397108	Sole		"12,250"
4	APW LTD	Wrts	0	$0.00 	G04397124	Sole		4
"1,420"	ASSOCIATED BANC CORP COM	Com	$37.89 	"$53,803.80 "	45487105	Sole		"1,420"
82	ATLAS MINERALS INC COM	Com	$0.30 	$24.60 	49267305	Sole		82
"10,360"	BANK ONE CORP COM	Com	$38.65 	"$400,414.00 "	06423a103	Sole		"10,360"
"1,286"	BAXTER INTL INC COM	Com	$29.06 	"$37,371.16 "	71813109	Sole		"1,286"
10	BERKSHIRE HATHAWAY INC. CL B	Com	"$2,496.00 "	"$24,960.00 "	84670207	Sole		10
"4,558"	BP PLC ADR	Com	$42.10 	"$191,891.80 "	55622104	Sole		"4,558"
"4,700"	BRISTOL MYERS SQUIBB COM	Com	$25.66 	"$120,602.00 "	110122108	Sole		"4,700"
"5,920"	C2 INC	Com	$11.34 	"$67,132.80 "	126948108	Shared-Other		"5,920"
37	CALPINE CORP COM	Com	$4.89 	$180.93 	131347106	Sole		37
"34,927"	CARDINAL HEALTH INC COM	Com	$58.39 	"$2,039,387.53 "	14149Y108	Sole		"34,927"
400	CHASE CAPITAL VII 7% PFD G	Pfd	$25.72 	"$10,288.00 "	16147M200	Sole		400
"1,797"	CHEVRONTEXACO	Com	$71.45 	"$128,395.65 "	166764100	Sole		"1,797"
"812,885"	CISCO SYSTEMS INC	Com	$19.59 	"$15,924,417.15 "	17275R102	Sole		"812,885"
"5,857"	CITIGROUP INC 	Com	$45.51 	"$266,552.07 "	172967101	Sole		"5,857"
400	CITIGROUP CAP V  7% PFD	Pfd	$25.44 	"$10,176.00 "	17306K209	Sole		400
"6,690"	COCA COLA CO COM	Com	$42.96 	"$287,402.40 "	191216100	Sole		"6,690"
"303,210"	COSTCO WHOLESALE CORP	Com	$31.15 	"$9,444,991.50 "	22160K105	Sole		"303,210"
"308,777"	COUNTRYWIDE CR IND DEL COM	Com	$78.28 	"$24,171,063.56 "	222372104	Sole		"308,777"
"1,000"	CRYOLIFE INC. COM	Com	$6.16 	"$6,160.00 "	228903100	Sole		"1,000"
"487,370"	DELL INC	Com	$33.42 	"$16,287,905.40 "	24702R101	Sole		"487,370"
"2,484"	DISNEY WALT CO COM	Com	$20.17 	"$50,102.28 "	254687106	Sole		"2,484"
"5,000"	DOVER CORP.	Com	$35.37 	"$176,850.00 "	260003108	Sole		"5,000"
"2,626"	DU PONT E I DE NEMOURS COM	Com	$40.01 	"$105,066.26 "	263534109	Sole		"2,626"
200	EBAY INC COM	Com	$53.64 	"$10,728.00 "	278642103	Sole		200
150	"EMERSON ELECTRIC CO., COM"	Com	$52.65 	"$7,897.50 "	291011104	Sole		150
126	ENRON CORP.	Com	$0.05 	$6.30 	293561106	Sole		126
800	ENRON CAPITAL TRUST PREFERRED SEC 8.30%	Pfd	$3.75 	"$3,000.00 "	29357N206	Sole		800
"9,489"	EXXON MOBIL CORP 	Com	$36.60 	"$347,297.40 "	30231G102	Sole		"9,489"
"18,556"	FASTENAL CO COM	Com	$37.77 	"$700,860.12 "	311900104	Sole		"18,556"
"2,250"	FEDERAL NATL MTG ASSN COM	Com	$70.20 	"$157,950.00 "	313586109	Sole		"2,250"
"492,584"	FIFTH THIRD BANCORP COM	Com	$55.54 	"$27,358,115.36 "	316773100	Sole		"492,584"
"799,221"	FISERV INC COM	Com	$36.29 	"$29,003,730.09 "	337738108	Sole		"799,221"
423	FLEETBOSTON FINL CORP COM	Com	$30.15 	"$12,753.45 "	339030108	Sole		423
"1,835"	FRONTENAC BANCSHARES INC	Com	$23.10 	"$42,388.50 "	J15162118	Sole		"1,835"
144	GALLAGHER ARTHUR J &CO COM	Com	$28.28 	"$4,072.32 "	363576109	Sole		144
"1,200"	GANNETT INC COM	Com	$77.56 	"$93,072.00 "	364730101	Sole		"1,200"
"15,000"	GENERAL ELEC CO 	Com	$29.81 	"$447,150.00 "	369604103	Sole		"15,000"
"1,000"	GLOBAL CROSSING LTD	Com	$0.03 	$25.00 	G3921A100	Sole		"1,000"
"114,351"	HARLEY-DAVIDSON	Com	$48.20 	"$5,511,718.20 "	412822108	Sole		"114,351"
"1,000"	HARTFORD FINL SVCS COM	Com	$52.63 	"$52,630.00 "	416515104	Sole		"1,000"
"939,160"	HEALTH MGMT ASSOC INC CL A	Com	$21.81 	"$20,483,079.60 "	421933102	Sole		"939,160"
"1,497"	HEWLETT PACKARD CO COM	Com	$19.36 	"$28,981.92 "	428236103	Sole		"1,497"
"9,481"	INTEL CORP COM	Com	$27.52 	"$260,917.12 "	458140100	Sole		"9,481"
18	INTERACTIVE CORP WARRANTS EXP 2/4/09	Wrts	41.7	$750.60 	45840Q127	Sole		18
"2,033"	INTERPUBLIC GRP COS INC	Com	$14.12 	"$28,705.96 "	460690100	Sole		"2,033"
500	ITT INDS INC IND COM	Com	$59.84 	"$29,920.00 "	450911102	Sole		500
"143,645"	JACOBS ENGR GROUP DEL COM	Com	$45.10 	"$6,478,389.50 "	469814107	Sole		"143,645"
556	JOHN HANCOCK FINANCIAL SERVICES	Com	$33.80 	"$18,792.80 "	41014S106	Sole		556
"11,955"	JOHNSON & JOHNSON COM	Com	$49.52 	"$592,011.60 "	478160104	Sole		"11,955"
224	JOHNSON CONTROLS	Com	$94.60 	"$21,190.40 "	478366107	Sole		224
900	KIMBERLY CLARK CORP COM	Com	$51.32 	"$46,188.00 "	494368103	Sole		900
"3,905"	KOREA ELECTRIC POWER CO. ADR	Com	$10.52 	"$41,080.60 "	500631106	Sole		"3,905"
800	LEHMAN BROS CAPITAL TRUST I  8%	Pfd	$25.60 	"$20,480.00 "	52518B200	Sole		800
"520,412"	LOWE'S COS. INC.	Com	$51.90 	"$27,009,382.80 "	548661107	Sole		"520,412"
"3,000"	M B I A INC.	Com	$54.97 	"$164,910.00 "	55262C100	Sole		"3,000"
"90,190"	MARSHALL & ILSLEY CORP COM	Com	$31.52 	"$2,842,788.80 "	571834100	Sole		"90,190"
"15,644"	MATEX INC	Com	$3.42 	"$53,433.49 "	576990004	Sole		"15,644"
340	MCGRAW HILL COMPANIES INC. COM	Com	$62.13 	"$21,124.20 "	580645109	Sole		340
"3,158"	MEDTRONIC INC 	Com	$46.92 	"$148,173.36 "	585055106	Sole		"3,158"
"5,885"	MERCK & CO. INC.	Com	$50.62 	"$297,898.70 "	589331107	Sole		"5,885"
"8,698"	MERCURY GENERAL CORP. NEW	Com	$44.78 	"$389,496.44 "	589400100	Sole		"8,698"
11	METRO AIRLINES INC.	Com	$0.00 	$0.00 	591905203	Sole		11
"1,550"	MGIC INVT CORP WIS COM	Com	$52.07 	"$80,708.50 "	552848103	Sole		"1,550"
"5,640"	MITSUBISHI TOKYO FINL GROUP ADR	Com	$6.44 	"$36,321.60 "	606816106	Sole		"5,640"
"1,000"	NORSTAR GROUP INC.	Com	$0.04 	$44.00 	656541208	Sole		"1,000"
"1,203"	NORTEL NETWORKS CORP (NEW)	Com	$4.10 	"$4,932.30 "	656568102	Sole		"1,203"
600	NORTHERN TR CORP COM	Com	$42.35 	"$25,410.00 "	665859104	Sole		600
"132,060"	PATTERSON DENTAL CO COM	Com	$57.58 	"$7,604,014.80 "	703412106	Sole		"132,060"
"1,600"	PEPSICO INC COM	Com	$45.83 	"$73,328.00 "	713448108	Sole		"1,600"
"17,854"	PFIZER INC COM	Com	$30.38 	"$542,404.52 "	717081103	Sole		"17,854"
116	"PRINCIPAL FINANCIAL GROUP, INC."	Com	$30.99 	"$3,594.84 "	74251V102	Sole		116
800	PROCTER & GAMBLE CO.	Com	$92.82 	"$74,256.00 "	742718109	Sole		800
435	PROGRESSIVE CORP. OHIO	Com	$69.11 	"$30,062.85 "	743315103	Sole		435
"14,521"	ROYAL DUTCH PETROLEUM NY REGISTRY PAR 1.25	Com	$44.20 	"$641,828.20 "	780257804	Sole		"14,521"
"6,000"	SARA LEE CORP COM	Com	$18.36 	"$110,160.00 "	803111103	Sole		"6,000"
"2,300"	SBC COMMUNICATIONS INC COM	Com	$22.25 	"$51,175.00 "	78387G103	Sole		"2,300"
"3,514"	SENSIENT TECHNOLOGIES CORP. COM	Com	$21.00 	"$73,794.00 "	81725t100	Sole		"3,514"
"3,100"	SERVICEMASTER CO COM	Com	$10.26 	"$31,806.00 "	81760N109	Sole		"3,100"
16	SMUCKER J M CO COM NEW	Com	$42.16 	$674.56 	832696405	Sole		16
604	SOUTHWEST AIRLINES CO.	Com	$17.70 	"$10,690.80 "	844741108	Sole		604
"1,000"	STREICHER MOBILE FUELING INC	Com	$1.35 	"$1,350.00 "	862924107	Sole		"1,000"
"8,494"	STRYKER CORP COM	Com	$75.31 	"$639,683.14 "	863667101	Sole		"8,494"
417	SUN LIFE FINANCIAL INC.	Com	$21.65 	"$9,028.05 "	866796105	Sole		417
"1,200"	SUNGARD DATA SYS INC COM	Com	$26.31 	"$31,572.00 "	867363103	Sole		"1,200"
400	SVENSK EXPORT KREDIT A B	Pfd	$25.40 	"$10,160.00 "	W92947212	Sole		400
"3,000"	SYSCO CORP COM	Com	$32.71 	"$98,130.00 "	871829107	Sole		"3,000"
"810,117"	TOLL BROTHERS INC COM	Com	$30.42 	"$24,643,759.14 "	889478103	Sole		"810,117"
27	TRAVELERS PPTY CASUALITY CL A (NEW)	Com	$15.88 	$428.76 	89420G109	Sole		27
56	TRAVELERS PPTY CASUALITY CL B (NEW)	Com	$15.88 	$889.28 	89420G406	Sole		56
"1,000"	TRIBUNE CO NEW COM	Com	$45.90 	"$45,900.00 "	896047107	Sole		"1,000"
"1,834"	TRI CONTL CORP CLOSED END FUND	MutFd	$14.96 	"$27,436.64 "	895436103	Sole		"1,834"
"420,395"	UNIVERSAL HLTH SVCS CL B	Com	$49.45 	"$20,788,532.75 "	913903100	Sole		"420,395"
144	US BANCORP	Com	$23.99 	"$3,454.56 "	902973304	Sole		144
"1,000"	VERISIGN INC. COM	Com	$13.46 	"$13,460.00 "	9.23E+106	Sole		"1,000"
600	VODAFONE GROUP PLC SPONSORED ADR	Com	$20.25 	"$12,150.00 "	92857T107	Sole		600
"3,848"	WAL MART STORES INC COM	Com	$55.85 	"$214,910.80 "	931142103	Sole		"3,848"
"780,046"	WALGREEN CO 	Com	$30.64 	"$23,900,609.44 "	931422109	Sole		"780,046"
"39,930"	WELLS FARGO & CO. NEW COM 	Com	$51.50 	"$2,056,395.00 "	949746101	Sole		"39,930"
"36,282"	WENDYS INTERNATIONAL	Com	$32.30 	"$1,171,908.60 "	950590109	Sole		"36,282"
"2,000"	WYETH	Com	$46.10 	"$92,200.00 "	983024100	Sole		"2,000"
"514,647"	ZIMMER HOLDINGS	Com	$55.10 	"$28,357,049.70 "	98956P102	Sole		"514,647"

	TOTAL PORTFOLIO			"$319,857,989.18 "