13F-HR 1 d15458e13fvhr.txt 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: 03/31/04 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: LUTHER KING CAPITAL MANAGEMENT Address: 301 Commerce Street Suite 1600 Fort Worth, TX 76102 13F File Number: 28-1071 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: Barbara Garcia Title: Treasurer Phone: 817-332-3235 Signature, Place, and Date of Signing: /s/ Barbara Garcia Fort Worth, TX 5/12/04 ----------------------------- ------------------ --------------- [Signature] [City] [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: [If there are no entries in this list, omit this section.)
13F File Number Name 28- -------------------- -------------------------
FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: None Form 13F Information Table Entry Total: 371 Form 13F Information Table Value Total: $4,297,277,553 List of Other Included Managers Provide a number list of the name(s) and 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column heading and list entries.]
No. 13F File Number Name ---- -------------- ------------------------
[Repeat as necessary.] FORM 13F INFORMATION TABLE ------------------------------------------------------------------------------------------------------------------------------------ COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------------------------------------------------------------------------------------------------------------------ NAMES OF TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY ISSUER CLASS CUSIP [x$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------------------------------------------------------------------------------------------------------------------ A D C TELE- COMMUNICATIONS COMMON 000886101 87 30000 SH SOLE 0 30000 0 AFLAC INC COMMON 001055102 1188 29600 SH SOLE 0 29600 0 AZZ INCORPORATED COMMON 002474104 2595 156300 SH SOLE 0 156300 0 ABBOTT LABORATORIES COMMON 002824100 40344 981600 SH SOLE 0 981600 0 ABITIBI- CONSOLIDATED INC COMMON 003924107 71 10000 SH SOLE 0 10000 0 ACCESS PHARMACEUTICALS I COMMON 00431M209 598 93200 SH SOLE 0 93200 0 ACTIVISION INC NEW COMMON 004930202 6577 415725 SH SOLE 0 415725 0 ADAPTEC INC COMMON 00651F108 1139 130000 SH SOLE 0 130000 0 ADVANCED FIBRE COMMUNICA COMMON 00754A105 4104 185800 SH SOLE 0 185800 0 AFFILIATED COMPUTER SERV COMMON 008190100 2707 52150 SH SOLE 0 52150 0 ALBANY INTL CORP COMMON 012348108 4173 155200 SH SOLE 0 155200 0 ALCOA INC COMMON 013817101 274 7900 SH SOLE 0 7900 0 ALLEGHENY TECHNOLOGIES I COMMON 01741R102 3521 291000 SH SOLE 0 291000 0 ALLIANCE CAP MGMT HLDG L COMMON 01855A101 206 5600 SH SOLE 0 5600 0 ALLIANCE DATA SYSTEMS CO COMMON 018581108 4328 129000 SH SOLE 0 129000 0 ALLIED WASTE INDS INC COMMON 019589308 55720 4186300 SH SOLE 0 4186300 0 ALLSTATE CORP COMMON 020002101 286 6300 SH SOLE 0 6300 0 ALLTEL CORPORATION COMMON 020039103 40656 814915 SH SOLE 0 814915 0 ALTERA CORP COMMON 021441100 2738 133700 SH SOLE 0 133700 0 ALTRIA GROUP INC COMMON 02209S103 9077 166705 SH SOLE 0 166705 0 AMERICAN EXPRESS CO COMMON 025816109 754 14544 SH SOLE 0 14544 0 AMERICAN FINL RLTY TR COMMON 02607P305 6900 407100 SH SOLE 0 407100 0 AMERICAN INTL GROUP INC COMMON 026874107 40419 566484 SH SOLE 0 566484 0 AMERICAN STD COS INC DEL COMMON 029712106 353 3100 SH SOLE 0 3100 0 AMERICREDIT CORP COMMON 03060R101 3144 184600 SH SOLE 0 184600 0 AMGEN INC COMMON 031162100 1937 33306 SH SOLE 0 33306 0 AMPHENOL CORP NEW COMMON 032095101 249 8400 SH SOLE 0 8400 0 ANADARKO PETROLEUM CORP COMMON 032511107 53275 1027278 SH SOLE 0 1027278 0 ANCHOR GLASS CONTAINER C COMMON 03304B300 3058 195000 SH SOLE 0 195000 0 ANDREW CORP COMMON 034425108 399 22800 SH SOLE 0 22800 0 ANHEUSER BUSCH COS INC COMMON 035229103 13082 256500 SH SOLE 0 256500 0
Page 1 FORM 13F INFORMATION TABLE ------------------------------------------------------------------------------------------------------------------------------------ COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------------------------------------------------------------------------------------------------------------------ NAMES OF TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY ISSUER CLASS CUSIP [x$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------------------------------------------------------------------------------------------------------------------ ANIXTER INTL INC COMMON 035290105 3096 109600 SH SOLE 0 109600 0 APACHE CORP COMMON 037411105 6804 157600 SH SOLE 0 157600 0 APOLLO GROUP INC COMMON 037604105 444 5150 SH SOLE 0 5150 0 APOGENT TECHNOLOGIES INC COMMON 03760A101 21077 687000 SH SOLE 0 687000 0 APPLIED MATLS INC COMMON 038222105 3517 164900 SH SOLE 0 164900 0 APPLIED MICRO CIRCUITS C COMMON 03822W109 1313 230000 SH SOLE 0 230000 0 ARBITRON INC COMMON 03875Q108 5506 136770 SH SOLE 0 136770 0 ARCTIC CAT INC COMMON 039670104 3609 142200 SH SOLE 0 142200 0 ARGOSY GAMING CO COMMON 040228108 4501 126600 SH SOLE 0 126600 0 AUTOMATIC DATA PROCESSIN COMMON 053015103 30351 722645 SH SOLE 0 722645 0 AXCAN PHARMA INC COMMON 054923107 4023 211200 SH SOLE 0 211200 0 BJ SVCS CO COMMON 055482103 7581 175200 SH SOLE 0 175200 0 BP PLC COMMON 055622104 38794 757693 SH SOLE 0 757693 0 BMC SOFTWARE INC COMMON 055921100 37155 1900500 SH SOLE 0 1900500 0 BANK OF AMERICA CORP COMMON 060505104 50459 623105 SH SOLE 0 623105 0 BANK NEW YORK INC COMMON 064057102 24756 785890 SH SOLE 0 785890 0 BANK ONE CORP COMMON 06423A103 19330 354541 SH SOLE 0 354541 0 BARNES & NOBLE INC COMMON 067774109 1623 49800 SH SOLE 0 49800 0 BAXTER INTERNATIONAL INC COMMON 071813109 377 12210 SH SOLE 0 12210 0 BEA SYS INC COMMON 073325102 23552 1851565 SH SOLE 0 1851565 0 BELLSOUTH CORPORATION COMMON 079860102 419 15121 SH SOLE 0 15121 0 BELO CORP COMMON 080555105 31412 1131560 SH SOLE 0 1131560 0 BENTLEY PHARMACEUTICALS COMMON 082657107 3668 305400 SH SOLE 0 305400 0 BERKSHIRE HATHAWAY INC D COMMON 084670108 1120 12 SH SOLE 0 12 0 BEST BUY INC COMMON 086516101 209 4040 SH SOLE 0 4040 0 H & R BLOCK INC COMMON 093671105 8978 175930 SH SOLE 0 175930 0 BOEING COMPANY COMMON 097023105 390 9500 SH SOLE 0 9500 0 BOISE CASCADE CORP COMMON 097383103 49867 1439170 SH SOLE 0 1439170 0 BOSTON PROPERTIES INC COMMON 101121101 630 11600 SH SOLE 0 11600 0 BRINKER INTERNATL INC COMMON 109641100 747 19683 SH SOLE 0 19683 0 BRISTOL-MYERS SQUIBB CO COMMON 110122108 1052 43404 SH SOLE 0 43404 0
Page 2 FORM 13F INFORMATION TABLE ------------------------------------------------------------------------------------------------------------------------------------ COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------------------------------------------------------------------------------------------------------------------ NAMES OF TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY ISSUER CLASS CUSIP [x$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------------------------------------------------------------------------------------------------------------------ BRISTOL WEST HLDGS INC COMMON 11037M105 3327 163100 SH SOLE 0 163100 0 TOM BROWN INC COMMON 115660201 11976 318500 SH SOLE 0 318500 0 BURLINGTON RESOURCES INC COMMON 122014103 37910 595795 SH SOLE 0 595795 0 CIT GROUP INC COMMON 125581108 1131 29725 SH SOLE 0 29725 0 CVS CORP COMMON 126650100 4752 134625 SH SOLE 0 134625 0 CABOT OIL & GAS CORP COMMON 127097103 36621 1198325 SH SOLE 0 1198325 0 CAESARS ENTMT INC COMMON 127687101 3633 278600 SH SOLE 0 278600 0 CALLIDUS SOFTWARE INC COMMON 13123E500 1132 133000 SH SOLE 0 133000 0 CAMDEN PPTY TR COMMON 133131102 212 4720 SH SOLE 0 4720 0 CAPTIVA SOFTWARE CORP DE COMMON 14073T109 2487 179600 SH SOLE 0 179600 0 CARRIZO OIL & CO INC COMMON 144577103 2414 333000 SH SOLE 0 333000 0 CEDAR FAIR L P COMMON 150185106 264 7550 SH SOLE 0 7550 0 CEDARA SOFTWARE CORP COMMON 150644102 541 80000 SH SOLE 0 80000 0 CENDANT CORP COMMON 151313103 649 26605 SH SOLE 0 26605 0 CENTEX CORPORATION COMMON 152312104 1292 23900 SH SOLE 0 23900 0 CHARTER ONE FINL INC COMMON 160903100 25948 733819 SH SOLE 0 733819 0 CHARMING SHOPPES INC COMMON 161133103 3682 472600 SH SOLE 0 472600 0 CHEVRONTEXACO CORP COMMON 166764100 6690 76213 SH SOLE 0 76213 0 CHICOS FAS INC COMMON 168615102 399 8600 SH SOLE 0 8600 0 CISCO SYS INC COMMON 17275R102 57834 2453698 SH SOLE 0 2453698 0 CITADEL BROADCASTING COR COMMON 17285T106 585 33500 SH SOLE 0 33500 0 CITIGROUP INC COMMON 172967101 55447 1072475 SH SOLE 0 1072475 0 CITY BK LYNNWOOD WASH COMMON 17770A109 3531 102955 SH SOLE 0 102955 0 CLEAR CHANNEL COMM INC COMMON 184502102 54254 1281095 SH SOLE 0 1281095 0 COCA-COLA COMPANY COMMON 191216100 46524 924932 SH SOLE 0 924932 0 COLGATE-PALMOLIVE CO COMMON 194162103 76766 1393218 SH SOLE 0 1393218 0 COMCAST CORPORATION CL K COMMON 20030N200 4067 146050 SH SOLE 0 146050 0 COMPASS BANCSHARES INC COMMON 20449H109 7731 186417 SH SOLE 0 186417 0 COMPUTER ASSOC INTL INC COMMON 204912109 438 16320 SH SOLE 0 16320 0 CONOCOPHILLIPS COMMON 20825C104 595 8519 SH SOLE 0 8519 0 CONSOL ENERGY INC COMMON 20854P109 244 9100 SH SOLE 0 9100 0 COOPER CAMERON CORP COMMON 216640102 467 10600 SH SOLE 0 10600 0
Page 3 FORM 13F INFORMATION TABLE ------------------------------------------------------------------------------------------------------------------------------------ COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------------------------------------------------------------------------------------------------------------------ NAMES OF TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY ISSUER CLASS CUSIP [x$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------------------------------------------------------------------------------------------------------------------ COTT CORP QUE COMMON 22163N106 6923 235550 SH SOLE 0 235550 0 CRESCENT REAL ESTATE EQU COMMON 225756105 575 32000 SH SOLE 0 32000 0 CROSS MEDIA MARKETING CO COMMON 22754R201 0 160700 SH SOLE 0 160700 0 CULLEN FROST BANKERS INC COMMON 229899109 67558 1579926 SH SOLE 0 1579926 0 CYBERONICS INC COMMON 23251P102 3039 126900 SH SOLE 0 126900 0 DDI CORP COMMON 233162304 1670 162000 SH SOLE 0 162000 0 DST SYS INC DEL COMMON 233326107 454 10000 SH SOLE 0 10000 0 DELL INC COMMON 24702R101 35040 1042239 SH SOLE 0 1042239 0 DENBURY RES INC COMMON 247916208 3949 234200 SH SOLE 0 234200 0 DEVON ENERGY CORP NEW COMMON 25179M103 18641 320565 SH SOLE 0 320565 0 DIEBOLD INC COMMON 253651103 4297 89304 SH SOLE 0 89304 0 WALT DISNEY COMPANY COMMON 254687106 11781 471422 SH SOLE 0 471422 0 DOMINION RES INC VA NEW COMMON 25746U109 1282 19943 SH SOLE 0 19943 0 R R DONNELLEY & SONS CO COMMON 257867101 313 10350 SH SOLE 0 10350 0 DOVER CORP COMMON 260003108 303 7805 SH SOLE 0 7805 0 DOW CHEMICAL COMPANY COMMON 260543103 7764 192750 SH SOLE 0 192750 0 DREW INDUSTRIES INC COMMON 26168L205 1403 40000 SH SOLE 0 40000 0 E I DU PONT DE NEMOURS COMMON 263534109 18322 433957 SH SOLE 0 433957 0 EGL INC COMMON 268484102 11334 631400 SH SOLE 0 631400 0 E M C CORP MASS COMMON 268648102 21404 1572656 SH SOLE 0 1572656 0 ENSCO INTL INC COMMON 26874Q100 1532 54400 SH SOLE 0 54400 0 EOG RES INC COMMON 26875P101 14191 309250 SH SOLE 0 309250 0 EL PASO CORP COMMON 28336L109 857 120500 SH SOLE 0 120500 0 ELECTRONIC DATA SYS NEW COMMON 285661104 232 11975 SH SOLE 0 11975 0 EMAGIN CORP COMMON 29076N107 813 389000 SH SOLE 0 389000 0 EMBARCADERO TECHNOLOGIES COMMON 290787100 2080 163000 SH SOLE 0 163000 0 EMERSON ELECTRIC CO COMMON 291011104 2787 46515 SH SOLE 0 46515 0 EMMIS COMMUNICATIONS COR COMMON 291525103 4219 177200 SH SOLE 0 177200 0 ENCORE ACQUISITION CO COMMON 29255W100 7140 257750 SH SOLE 0 257750 0 ENTERGY CORP NEW COMMON 29364G103 1928 32410 SH SOLE 0 32410 0 EQUITABLE RES INC COMMON 294549100 1795 40400 SH SOLE 0 40400 0
Page 4 FORM 13F INFORMATION TABLE ------------------------------------------------------------------------------------------------------------------------------------ COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------------------------------------------------------------------------------------------------------------------ NAMES OF TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY ISSUER CLASS CUSIP [x$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------------------------------------------------------------------------------------------------------------------ EVERGREEN RES INC COMMON 299900308 4411 128400 SH SOLE 0 128400 0 EXXON MOBIL CORP COMMON 30231G102 182634 4391292 SH SOLE 0 4391292 0 FPL GROUP INC COMMON 302571104 575 8600 SH SOLE 0 8600 0 FAIR ISAAC CORP COMMON 303250104 227 6300 SH SOLE 0 6300 0 FAMILY DLR STORES INC COMMON 307000109 4158 115650 SH SOLE 0 115650 0 FEDERAL NATL MTG ASSN COMMON 313586109 13960 187755 SH SOLE 0 187755 0 FEDEX CORP COMMON 31428X106 574 7632 SH SOLE 0 7632 0 FELCOR LODGING TR INC COMMON 31430F101 4450 427100 SH SOLE 0 427100 0 FIFTH THIRD BANCORP COMMON 316773100 307 5538 SH SOLE 0 5538 0 FIRST DATA CORP COMMON 319963104 32582 772810 SH SOLE 0 772810 0 IDEAGLOBAL.COM LTD COMMON 333333334 7 59288 SH SOLE 0 59288 0 FIRST ST BANCORPORATION COMMON 336453105 1437 46700 SH SOLE 0 46700 0 FLEETBOSTON FINL CORP COMMON 339030108 3547 78999 SH SOLE 0 78999 0 FOOT LOCKER INC COMMON 344849104 6388 247600 SH SOLE 0 247600 0 FORMFACTOR INC COMMON 346375108 4790 229300 SH SOLE 0 229300 0 FORTUNE BRANDS INC COMMON 349631101 608 7936 SH SOLE 0 7936 0 FREEPORT-MCMORAN COPPER COMMON 35671D857 324 8280 SH SOLE 0 8280 0 GANNETT CO INC COMMON 364730101 47270 536301 SH SOLE 0 536301 0 TOR MINERALS INTL COMMON 365111111 499 105000 SH SOLE 0 105000 0 GENERAL DYNAMICS CORP COMMON 369550108 19898 222750 SH SOLE 0 222750 0 GENERAL ELECTRIC CO COMMON 369604103 84940 2783102 SH SOLE 0 2783102 0 GENERAL GROWTH PPTYS INC COMMON 370021107 650 18500 SH SOLE 0 18500 0 GENERAL MILLS INC COMMON 370334104 2826 60544 SH SOLE 0 60544 0 GILLETTE COMPANY COMMON 375766102 15634 399835 SH SOLE 0 399835 0 GLACIER BANCORP INC NEW COMMON 37637Q105 7855 243570 SH SOLE 0 243570 0 GOLDEN WEST FINL CORP DE COMMON 381317106 202 1800 SH SOLE 0 1800 0 GOLDMAN SACHS GROUP INC COMMON 38141G104 1868 17900 SH SOLE 0 17900 0 GOODRICH CORP COMMON 382388106 4569 162775 SH SOLE 0 162775 0 GRAY TELEVISION INC COMMON 389375106 4417 302100 SH SOLE 0 302100 0 GUIDANT CORP COMMON 401698105 341 5386 SH SOLE 0 5386 0 GULFTERRA ENERGY PARTNER COMMON 40274U108 1096 25700 SH SOLE 0 25700 0 HCA INC COMMON 404119109 4367 107520 SH SOLE 0 107520 0
Page 5 FORM 13F INFORMATION TABLE ------------------------------------------------------------------------------------------------------------------------------------ COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------------------------------------------------------------------------------------------------------------------ NAMES OF TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY ISSUER CLASS CUSIP [x$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------------------------------------------------------------------------------------------------------------------ HAIN CELESTIAL GROUP INC COMMON 405217100 5140 232700 SH SOLE 0 232700 0 HALLIBURTON COMPANY COMMON 406216101 3517 115718 SH SOLE 0 115718 0 HANOVER COMPRESSOR CO COMMON 410768105 16931 1400400 SH SOLE 0 1400400 0 HARRIS CORP DEL COMMON 413875105 57770 1193350 SH SOLE 0 1193350 0 HARTE-HANKS INC COMMON 416196103 5780 246800 SH SOLE 0 246800 0 HEWLETT PACKARD COMPANY COMMON 428236103 820 35921 SH SOLE 0 35921 0 HIBERNIA CORP COMMON 428656102 41236 1755490 SH SOLE 0 1755490 0 HOME DEPOT INC COMMON 437076102 80559 2156283 SH SOLE 0 2156283 0 HONEYWELL INTL INC COMMON 438516106 50889 1503380 SH SOLE 0 1503380 0 HOOPER HOLMES INC COMMON 439104100 3534 566300 SH SOLE 0 566300 0 HUGHES SUPPLY INC COMMON 444482103 5450 104000 SH SOLE 0 104000 0 HUGOTON RTY TR TEX COMMON 444717102 646 29400 SH SOLE 0 29400 0 HUNT J B TRANS SVCS INC COMMON 445658107 4292 152400 SH SOLE 0 152400 0 HYDRIL COMMON 448774109 3838 146500 SH SOLE 0 146500 0 INET TECHNOLOGIES INC COMMON 45662V105 3586 290800 SH SOLE 0 290800 0 INTEL CORPORATION COMMON 458140100 67983 2499367 SH SOLE 0 2499367 0 INTL BUSINESS MACHINES COMMON 459200101 47701 519393 SH SOLE 0 519393 0 INTERNATIONAL GAME TECHN COMMON 459902102 6960 154800 SH SOLE 0 154800 0 INTERWEST MED CORP COMMON 460909104 4 26668 SH SOLE 0 26668 0 IRON MTN INC PA COMMON 462846106 6991 156650 SH SOLE 0 156650 0 ISHARES TR COMMON 464287655 241 2050 SH SOLE 0 2050 0 JDS UNIPHASE CORP COMMON 46612J101 354 87060 SH SOLE 0 87060 0 J P MORGAN & COMPANY INC COMMON 46625H100 2862 68231 SH SOLE 0 68231 0 JANUS CAP GROUP INC COMMON 47102X105 278 17000 SH SOLE 0 17000 0 JOHNSON & JOHNSON COMMON 478160104 37619 741708 SH SOLE 0 741708 0 JOS A BANK CLOTHIERS INC COMMON 480838101 5059 139600 SH SOLE 0 139600 0 KLA-TENCOR CORP COMMON 482480100 8521 169475 SH SOLE 0 169475 0 KVH INDS INC COMMON 482738101 2229 154700 SH SOLE 0 154700 0 KANSAS CITY SOUTHERN COMMON 485170302 174 12500 SH SOLE 0 12500 0 KEMET CORP COMMON 488360108 4734 330100 SH SOLE 0 330100 0 KEYCORP NEW COMMON 493267108 205 6764 SH SOLE 0 6764 0
Page 6 FORM 13F INFORMATION TABLE ------------------------------------------------------------------------------------------------------------------------------------ COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------------------------------------------------------------------------------------------------------------------ NAMES OF TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY ISSUER CLASS CUSIP [x$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------------------------------------------------------------------------------------------------------------------ KIMBERLY-CLARK CORP COMMON 494368103 87945 1393748 SH SOLE 0 1393748 0 KINDER MORGAN ENERGY PAR COMMON 494550106 487 10800 SH SOLE 0 10800 0 KINDRED HEALTHCARE INC COMMON 494580103 1247 24800 SH SOLE 0 24800 0 KIRBY CORPORATION COMMON 497266106 41580 1230550 SH SOLE 0 1230550 0 KOHLS CORP COMMON 500255104 23692 490205 SH SOLE 0 490205 0 KOPIN CORP COMMON 500600101 6085 1052750 SH SOLE 0 1052750 0 KRAFT FOODS INC COMMON 50075N104 23114 722075 SH SOLE 0 722075 0 LA QUINTA CORP COMMON 50419U202 5997 795300 SH SOLE 0 795300 0 LANDSTAR SYS INC COMMON 515098101 7813 190800 SH SOLE 0 190800 0 LAUDER ESTEE COS INC COMMON 518439104 3191 71968 SH SOLE 0 71968 0 LEGGETT & PLATT INC COMMON 524660107 518 21855 SH SOLE 0 21855 0 LEGG MASON INC COMMON 524901105 204 2200 SH SOLE 0 2200 0 LEHMAN BROS HLDGS INC COMMON 524908100 6726 81160 SH SOLE 0 81160 0 LEVITT CORP COMMON 52742P108 4616 188400 SH SOLE 0 188400 0 LIBERTY MEDIA CORP NEW COMMON 530718105 2240 204600 SH SOLE 0 204600 0 ELI LILLY AND COMPANY COMMON 532457108 280 4188 SH SOLE 0 4188 0 LINCOLN NATL CORP IND COMMON 534187109 4209 88950 SH SOLE 0 88950 0 LINDSAY MFG CO COMMON 535555106 12576 522250 SH SOLE 0 522250 0 CAROLINA GP STK COMMON 540424207 2749 100500 SH SOLE 0 100500 0 LOUISIANA PAC CORP COMMON 546347105 45619 1768180 SH SOLE 0 1768180 0 LOWES COS INC COMMON 548661107 2055 36615 SH SOLE 0 36615 0 MBNA CORP COMMON 55262L100 335 12132 SH SOLE 0 12132 0 MDU RES GROUP INC COMMON 552690109 546 23249 SH SOLE 0 23249 0 MAGELLAN MIDSTREAM PRTNR COMMON 559080106 692 12600 SH SOLE 0 12600 0 USX-MARATHON GROUP COMMON 565849106 1357 40300 SH SOLE 0 40300 0 MARKEL CORP COMMON 570535104 878 3050 SH SOLE 0 3050 0 MARSH & MCLENNAN COS INC COMMON 571748102 505 10914 SH SOLE 0 10914 0 MASCO CORP COMMON 574599106 32859 1079470 SH SOLE 0 1079470 0 MAXIM INTEGRATED PRODS I COMMON 57772K101 1255 26672 SH SOLE 0 26672 0 MCCORMICK & CO INC COMMON 579780206 1170 34900 SH SOLE 0 34900 0 MCDONALDS CORP COMMON 580135101 269 9400 SH SOLE 0 9400 0 MCGRATH RENTCORP COMMON 580589109 2424 79500 SH SOLE 0 79500 0
Page 7 FORM 13F INFORMATION TABLE ------------------------------------------------------------------------------------------------------------------------------------ COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------------------------------------------------------------------------------------------------------------------ NAMES OF TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY ISSUER CLASS CUSIP [x$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------------------------------------------------------------------------------------------------------------------ MEDTRONIC INC COMMON 585055106 30437 637423 SH SOLE 0 637423 0 MELLON FINL CORP COMMON 58551A108 33489 1070289 SH SOLE 0 1070289 0 MERCK & CO INC COMMON 589331107 24915 563806 SH SOLE 0 563806 0 MERCURY INTERACTIVE CORP COMMON 589405109 2061 46000 SH SOLE 0 46000 0 MERRILL LYNCH & CO INC COMMON 590188108 534 8970 SH SOLE 0 8970 0 MICROSOFT CORPORATION COMMON 594918104 69096 2771595 SH SOLE 0 2771595 0 MICRON TECHNOLOGY INC COMMON 595112103 4067 243400 SH SOLE 0 243400 0 MILLENNIUM CHEMICALS INC COMMON 599903101 5429 363400 SH SOLE 0 363400 0 MOBILE MINI INC COMMON 60740F105 12755 737300 SH SOLE 0 737300 0 MORGAN STANLEY COMMON 617446448 24525 428005 SH SOLE 0 428005 0 MOTOROLA INC COMMON 620076109 26391 1499478 SH SOLE 0 1499478 0 MULTIMEDIA GAMES INC COMMON 625453105 5106 206400 SH SOLE 0 206400 0 MURPHY OIL CORPORATION COMMON 626717102 2607 41400 SH SOLE 0 41400 0 NCR CORP NEW COMMON 62886E108 579 13131 SH SOLE 0 13131 0 NL INDS INC COMMON 629156407 140 10100 SH SOLE 0 10100 0 NATIONAL CITY CORP COMMON 635405103 311 8752 SH SOLE 0 8752 0 NATIONAL SEMICONDUCTOR C COMMON 637640103 604 13600 SH SOLE 0 13600 0 NEIGHBORCARE INC COMMON 64015Y104 6119 251200 SH SOLE 0 251200 0 NESTLE S A COMMON 641069406 733 11500 SH SOLE 0 11500 0 NEW YORK TIMES CO COMMON 650111107 402 9100 SH SOLE 0 9100 0 NEWELL RUBBERMAID INC COMMON 651229106 18501 797438 SH SOLE 0 797438 0 NIKE INC COMMON 654106103 218 2800 SH SOLE 0 2800 0 NOKIA CORP COMMON 654902204 5367 264660 SH SOLE 0 264660 0 NOBLE ENERGY INC COMMON 655044105 20334 431725 SH SOLE 0 431725 0 NORTHERN TRUST CORP COMMON 665859104 19098 409920 SH SOLE 0 409920 0 NORTHROP GRUMMAN CORP COMMON 666807102 630 6400 SH SOLE 0 6400 0 OFFICE DEPOT INC COMMON 676220106 3994 212200 SH SOLE 0 212200 0 OMNICARE INC COMMON 681904108 6437 145200 SH SOLE 0 145200 0 ORACLE CORP COMMON 68389X105 34076 2839678 SH SOLE 0 2839678 0 P F CHANGS CHINA BISTRO COMMON 69333Y108 5034 100000 SH SOLE 0 100000 0 PMC-SIERRA INC COMMON 69344F106 2291 135000 SH SOLE 0 135000 0
Page 8 FORM 13F INFORMATION TABLE ------------------------------------------------------------------------------------------------------------------------------------ COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------------------------------------------------------------------------------------------------------------------ NAMES OF TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY ISSUER CLASS CUSIP [x$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------------------------------------------------------------------------------------------------------------------ PACKAGING CORP AMER COMMON 695156109 4611 204400 SH SOLE 0 204400 0 PATTERSON DENTAL CO COMMON 703412106 2474 36100 SH SOLE 0 36100 0 PEETS COFFEE & TEA INC COMMON 705560100 533 25000 SH SOLE 0 25000 0 PENN NATL GAMING INC COMMON 707569109 4819 167500 SH SOLE 0 167500 0 PEPSICO INC COMMON 713448108 93874 1743256 SH SOLE 0 1743256 0 PEROT SYS CORP COMMON 714265105 4437 333633 SH SOLE 0 333633 0 PFIZER INC COMMON 717081103 84555 2412418 SH SOLE 0 2412418 0 PLUM CREEK TIMBER CO INC COMMON 729251108 7661 235864 SH SOLE 0 235864 0 POPE & TALBOT INC COMMON 732827100 5081 295600 SH SOLE 0 295600 0 PROCTER & GAMBLE COMPANY COMMON 742718109 36284 345959 SH SOLE 0 345959 0 PROVIDIAN FINL CORP COMMON 74406A102 170 13000 SH SOLE 0 13000 0 PRUDENTIAL FINL INC COMMON 744320102 15986 357000 SH SOLE 0 357000 0 PRUDENTIAL FIN PFD CV 744320201 8994 131075 SH SOLE 0 131075 0 RADIAN GROUP INC COMMON 750236101 2081 48850 SH SOLE 0 48850 0 RADIOSHACK CORP COMMON 750438103 219 6600 SH SOLE 0 6600 0 RAILAMERICA INC. PFD CV 750753105 11323 939700 SH SOLE 0 939700 0 RAYTHEON COMPANY COMMON 755111507 26385 841897 SH SOLE 0 841897 0 RAYTHEON INC PFD CV 755111606 7021 137800 SH SOLE 0 137800 0 REGIONS FINL CORP COMMON 758940100 292 8000 SH SOLE 0 8000 0 RELIANCE STEEL & ALUMINU COMMON 759509102 12492 355400 SH SOLE 0 355400 0 REPUBLIC SVCS INC COMMON 760759100 1251 46200 SH SOLE 0 46200 0 ROYAL DUTCH PETE CO COMMON 780257804 1236 25968 SH SOLE 0 25968 0 SBC COMMUNICATIONS INC COMMON 78387G103 24394 994069 SH SOLE 0 994069 0 SBA COMMUNICATIONS CORP COMMON 78388J106 3652 941200 SH SOLE 0 941200 0 SPDR TR COMMON 78462F103 432 3822 SH SOLE 0 3822 0 SABINE ROYALTY TR COMMON 785688102 282 8679 SH SOLE 0 8679 0 SAGA COMMUNICATIONS COMMON 786598102 1616 86657 SH SOLE 0 86657 0 ST JOE CO COMMON 790148100 1914 47050 SH SOLE 0 47050 0 ST MARY LD & EXPL CO COMMON 792228108 3824 114400 SH SOLE 0 114400 0 SAN JUAN BASIN RTY TR COMMON 798241105 307 15300 SH SOLE 0 15300 0 SARA LEE CORPORATION COMMON 803111103 855 39100 SH SOLE 0 39100 0 SCHEIN HENRY INC COMMON 806407102 3871 54300 SH SOLE 0 54300 0
Page 9 FORM 13F INFORMATION TABLE ------------------------------------------------------------------------------------------------------------------------------------ COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------------------------------------------------------------------------------------------------------------------ NAMES OF TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY ISSUER CLASS CUSIP [x$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------------------------------------------------------------------------------------------------------------------ SCHERING-PLOUGH CORP COMMON 806605101 44616 2750648 SH SOLE 0 2750648 0 SCHLUMBERGER LIMITED COMMON 806857108 49765 779406 SH SOLE 0 779406 0 SCRIPPS E W CO OHIO COMMON 811054204 5834 57700 SH SOLE 0 57700 0 SEALED AIR CORP NEW COMMON 81211K100 234 4700 SH SOLE 0 4700 0 SERENA SOFTWARE INC COMMON 817492101 3777 185600 SH SOLE 0 185600 0 SERVICEMASTER CO COMMON 81760N109 366 30450 SH SOLE 0 30450 0 SHELL TRANS & TRADING PL COMMON 822703609 243 6100 SH SOLE 0 6100 0 SHERWIN-WILLIAMS CO COMMON 824348106 8708 226600 SH SOLE 0 226600 0 SIMMONS 1ST NATL CORP COMMON 828730200 7859 285368 SH SOLE 0 285368 0 SIMON PPTY GROUP INC NEW COMMON 828806109 374 6400 SH SOLE 0 6400 0 SIRIUS SATELLITE RADIO I COMMON 82966U103 3682 1083000 SH SOLE 0 1083000 0 SMITH INTL INC COMMON 832110100 4158 77700 SH SOLE 0 77700 0 SOUTHERN CO COMMON 842587107 214 7000 SH SOLE 0 7000 0 SOUTHSIDE BANCSHARES INC COMMON 84470P109 435 23327 SH SOLE 0 23327 0 SOUTHWEST AIRLS CO COMMON 844741108 529 37243 SH SOLE 0 37243 0 SOUTHWEST BANCORPORATION COMMON 84476R109 4592 121700 SH SOLE 0 121700 0 STARWOOD HOTELS&RESORTS COMMON 85590A203 3078 76000 SH SOLE 0 76000 0 STATE STREET BOSTON CORP COMMON 857477103 1734 33260 SH SOLE 0 33260 0 STONE ENERGY CORP COMMON 861642106 1237 25000 SH SOLE 0 25000 0 SUMMIT BANCSHARES INC TE COMMON 866011109 2438 81000 SH SOLE 0 81000 0 SUN MICROSYSTEMS INC COMMON 866810104 801 192100 SH SOLE 0 192100 0 SUNGARD DATA SYS INC COMMON 867363103 17582 641670 SH SOLE 0 641670 0 SUNOCO LOGISTICS PRTNRS COMMON 86764L108 285 7100 SH SOLE 0 7100 0 ENCORE BANCSHARES COMMON 868686866 566 47157 SH SOLE 0 47157 0 SYBRON DENTAL SPECIALTIE COMMON 871142105 15813 580282 SH SOLE 0 580282 0 SYLVAN LEARNING SYS INC COMMON 871399101 5551 158100 SH SOLE 0 158100 0 SYSCO CORPORATION COMMON 871829107 11874 304064 SH SOLE 0 304064 0 TEPPCO PARTNERS L P COMMON 872384102 932 22200 SH SOLE 0 22200 0 T-3 ENERGY SRVCS INC COMMON 87306E107 64 10000 SH SOLE 0 10000 0 TARGET CORP COMMON 87612E106 4178 92751 SH SOLE 0 92751 0 TEKELEC COMMON 879101103 5926 357200 SH SOLE 0 357200 0
Page 10 FORM 13F INFORMATION TABLE ------------------------------------------------------------------------------------------------------------------------------------ COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------------------------------------------------------------------------------------------------------------------ NAMES OF TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY ISSUER CLASS CUSIP [x$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------------------------------------------------------------------------------------------------------------------ TELLABS INC COMMON 879664100 171 19800 SH SOLE 0 19800 0 TEMPLE-INLAND INC COMMON 879868107 46262 730375 SH SOLE 0 730375 0 TENET HEALTHCARE CORP COMMON 88033G100 696 62400 SH SOLE 0 62400 0 TEVA PHARMACEUTICAL INDS COMMON 881624209 41176 649775 SH SOLE 0 649775 0 TEXAS INSTRS INC COMMON 882508104 67524 2310866 SH SOLE 0 2310866 0 TEXAS REGL BANCSHARES IN COMMON 882673106 20914 491513 SH SOLE 0 491513 0 TEXTRON INC COMMON 883203101 242 4560 SH SOLE 0 4560 0 3M CO COMMON 88579Y101 1963 23976 SH SOLE 0 23976 0 TIFFANY & CO NEW COMMON 886547108 4588 120200 SH SOLE 0 120200 0 TIME WARNER INC COMMON 887317105 5688 337354 SH SOLE 0 337354 0 TRACTOR SUPPLY CO COMMON 892356106 23921 617800 SH SOLE 0 617800 0 TRIAD HOSPITALS INC COMMON 89579K109 38422 1246650 SH SOLE 0 1246650 0 TRIAD GTY INC COMMON 895925105 4426 83900 SH SOLE 0 83900 0 TRIBUNE 2% 5/15/29 PFD CV 896047305 5769 65930 SH SOLE 0 65930 0 TYCO INTL LTD NEW COMMON 902124106 7304 254925 SH SOLE 0 254925 0 TYLER TECHNOLOGIES INC COMMON 902252105 1819 187300 SH SOLE 0 187300 0 TYSON FOODS INC COMMON 902494103 205 11343 SH SOLE 0 11343 0 US BANCORP DEL COMMON 902973304 1350 48817 SH SOLE 0 48817 0 UNION PACIFIC CORP COMMON 907818108 243 4060 SH SOLE 0 4060 0 UNITED NAT FOODS INC COMMON 911163103 5427 112200 SH SOLE 0 112200 0 UNITED PARCEL SERVICE IN COMMON 911312106 882 12625 SH SOLE 0 12625 0 UNITED TECHNOLOGIES CORP COMMON 913017109 935 10833 SH SOLE 0 10833 0 UNOCAL CORPORATION COMMON 915289102 45704 1225968 SH SOLE 0 1225968 0 VALERO L P COMMON 91913W104 443 8100 SH SOLE 0 8100 0 VARIAN MED SYS INC COMMON 92220P105 777 9000 SH SOLE 0 9000 0 VERITAS SOFTWARE CO COMMON 923436109 17283 642240 SH SOLE 0 642240 0 VERIZON COMMUNICATIONS COMMON 92343V104 51636 1413143 SH SOLE 0 1413143 0 VIACOM INC CL B COMMON 925524308 34922 890645 SH SOLE 0 890645 0 VIAD CORP COMMON 92552R109 4358 180300 SH SOLE 0 180300 0 VISX INC DEL COMMON 92844S105 2255 115500 SH SOLE 0 115500 0 VODAFONE GROUP PLC NEW COMMON 92857W100 479 20050 SH SOLE 0 20050 0 VORNADO RLTY TR COMMON 929042109 816 13500 SH SOLE 0 13500 0
Page 11 FORM 13F INFORMATION TABLE ------------------------------------------------------------------------------------------------------------------------------------ COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------------------------------------------------------------------------------------------------------------------ NAMES OF TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY ISSUER CLASS CUSIP [x$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------------------------------------------------------------------------------------------------------------------ WCI CMNTYS INC COMMON 92923C104 3324 132800 SH SOLE 0 132800 0 WAL-MART STORES INC COMMON 931142103 32223 539844 SH SOLE 0 539844 0 WALGREEN CO COMMON 931422109 9214 279650 SH SOLE 0 279650 0 WASTE CONNECTIONS INC COMMON 941053100 4987 125300 SH SOLE 0 125300 0 WASTE MGMT INC DEL COMMON 94106L109 32718 1084100 SH SOLE 0 1084100 0 WATSON WYATT & CO HLDGS COMMON 942712100 2130 84400 SH SOLE 0 84400 0 WATTS WATER TECHNOLOGIES COMMON 942749102 5843 249800 SH SOLE 0 249800 0 WEIGHT WATCHERS INTL INC COMMON 948626106 2612 61800 SH SOLE 0 61800 0 WELLPOINT HEALTH NETWORK COMMON 94973H108 432 3800 SH SOLE 0 3800 0 WELLS FARGO & CO NEW COMMON 949746101 55624 981542 SH SOLE 0 981542 0 WEST MARINE INC COMMON 954235107 3405 106900 SH SOLE 0 106900 0 WESTWOOD HLDGS GROUP INC COMMON 961765104 168 10000 SH SOLE 0 10000 0 WRIGHT MED GROUP INC COMMON 98235T107 4973 162000 SH SOLE 0 162000 0 WRIGLEY WM JR CO COMMON 982526105 770 13030 SH SOLE 0 13030 0 WYETH COMMON 983024100 24060 640754 SH SOLE 0 640754 0 XTO ENERGY INC COMMON 98385X106 13924 551683 SH SOLE 0 551683 0 YUM BRANDS INC COMMON 988498101 315 8280 SH SOLE 0 8280 0 ZIONS BANCORPORATION COMMON 989701107 2423 42436 SH SOLE 0 42436 0 GLOBALSANTAFE CORP COMMON G3930E101 4071 146600 SH SOLE 0 146600 0 NABORS INDUSTRIES INC COMMON G6359F103 6048 132206 SH SOLE 0 132206 0 NOBLE CORPORATION COMMON G65422100 9179 238900 SH SOLE 0 238900 0 SEAGATE TECHNOLOGY COMMON G7945J104 302 18700 SH SOLE 0 18700 0 STEWART W P & CO LTD COMMON G84922106 1637 82100 SH SOLE 0 82100 0 WEATHERFORD INTERNATIONA COMMON G95089101 879 20912 SH SOLE 0 20912 0 ALCON INC COMMON H01301102 34733 548700 SH SOLE 0 548700 0
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