13F-HR 1 june.txt 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, 2002 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: Janus Capital Management LLC Address: 100 Fillmore Street, Suite 300 Denver, CO 80206 Form 13F File Number: 28-1343 This 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: Heidi J. Walter Title: Vice President and Assistant General Counsel Phone: 303.333.3863 Signature, Place, and Date of Signing: /s/ Heidi J. Walter ---------------------------------------------------------------------- Heidi J. Walter, Vice President and Assistant General Counsel Place: Denver, Colorado Date: August 14, 2002 Report Type (Check only one.): [ X ] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. Form 13F Summary Page Report Summary: Number of Other Included Managers: NONE Form 13F Information Table Entry Total: 476 Form 13F Information Table Value Total: $88,031,716(thousands) List of Other Included Managers: NONE
FORM 13(F) INFORMATION TABLE NAME OF ISSUER TITLE OF CUSIP VALUE SHARES OR SH/ PUT/INVESTMENT VOTING AUTHORITY CLASS (X$1,000) PRN AMOUNT PRN CALLDISCREATION(a) SOLE (b) SHARE(c) NONE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 3M CO COM 88579Y101 617,659 5,021,615 SH SOLE 5,021,615 0 0 A C MOORE ARTS & CRAFTS INC COM 00086T103 14,679 310,000 SH SOLE 310,000 0 0 ABBOTT LABS COM 002824100 220,444 5,855,085 SH SOLE 5,855,085 0 0 ACCENTURE LTD BERMUDA CL A G1150G111 384,168 20,219,364 SH SOLE 20,219,364 0 0 ACCREDO HEALTH INC COM 00437V104 22,570 489,170 SH SOLE 489,170 0 0 ACME COMMUNICATION INC COM 004631107 4,078 554,880 SH SOLE 554,880 0 0 ADMINISTAFF INC COM 007094105 5,020 502,020 SH SOLE 502,020 0 0 ADVANCED MICRO DEVICES INC COM 007903107 21,996 2,262,925 SH SOLE 2,262,925 0 0 ADVISORY BRD CO COM 00762W107 2,185 60,285 SH SOLE 60,285 0 0 AEROPOSTALE COM 007865108 6,843 250,000 SH SOLE 250,000 0 0 AES CORP COM 00130H105 10,208 1,883,380 SH SOLE 1,883,380 0 0 AFLAC INC COM 001055102 945,416 29,544,240 SH SOLE 29,544,240 0 0 ALCON INC COM H01301102 259,830 7,586,275 SH SOLE 7,586,275 0 0 ALLERGAN INC COM 018490102 141,526 2,120,245 SH SOLE 2,120,245 0 0 ALLIANT TECHSYSTEMS INC COM 018804104 11,688 183,198 SH SOLE 183,198 0 0 ALLIED WASTE INDS INC COM 019589308 15,065 1,569,250 SH SOLE 1,569,250 0 0 ALLSTATE CORP COM 020002101 397,521 10,749,613 SH SOLE 10,749,613 0 0 AMAZON COM INC COM 023135106 403,300 24,818,435 SH SOLE 24,818,435 0 0 AMAZON.COM NOTE 4.7% 02/09 023135AF3 33,833 51,851,000 SH SOLE 51,851,000 0 0 AMERICAN EXPRESS CO COM 025816109 25,658 706,440 SH SOLE 706,440 0 0 AMERICAN INTL GROUP INC COM 026874107 1,243,889 18,230,827 SH SOLE 18,230,827 0 0 AMERISOURCEBERGEN CORP COM 03073E105 153,300 2,017,100 SH SOLE 2,017,100 0 0 AMETEK INC NEW COM 031100100 28,411 762,700 SH SOLE 762,700 0 0 AMGEN INC COM 031162100 197,138 4,707,215 SH SOLE 4,707,215 0 0 AMN HEALTHCARE SERVICES INC COM 001744101 32,062 915,800 SH SOLE 915,800 0 0 ANADARKO PETE CORP COM 032511107 345,822 7,014,650 SH SOLE 7,014,650 0 0 ANALOG DEVICES INC COM 032654105 93,679 3,154,160 SH SOLE 3,154,160 0 0 ANHEUSER BUSCH COS INC COM 035229103 353,435 7,068,694 SH SOLE 7,068,694 0 0 ANTHEM INC COM 03674B104 303,083 4,491,455 SH SOLE 4,491,455 0 0 AOL TIME WARNER INC COM 00184A105 2,076,473 141,160,651SH SOLE 141,160,651 0 0 APACHE CORP COM 037411105 60,484 1,052,270 SH SOLE 1,052,270 0 0 APOGENT TECHNOLOGIES INC COM 03760A101 204,932 9,962,680 SH SOLE 9,962,680 0 0 APOLLO GROUP INC CL A 037604105 287,674 7,297,669 SH SOLE 7,297,669 0 0 APOLLO GROUP INC COM UNV PHOENX 037604204 30,229 1,020,552 SH SOLE 1,020,552 0 0 APPLE COMPUTER INC COM 037833100 209,383 11,816,180 SH SOLE 11,816,180 0 0 APPLIED FILMS CORP COM 038197109 1,440 129,010 SH SOLE 129,010 0 0 APPLIED MATLS INC COM 038222105 533,758 28,062,969 SH SOLE 28,062,969 0 0 APRIA HEALTHCARE GROUP INC COM 037933108 120,713 5,388,955 SH SOLE 5,388,955 0 0 ARAMARK CORP CL B 038521100 142,672 5,706,875 SH SOLE 5,706,875 0 0 ARBITRON INC COM 03875Q108 46,499 1,490,351 SH SOLE 1,490,351 0 0 ARCH CAP GROUP LTD ORD G0450A105 14,075 500,000 SH SOLE 500,000 0 0 ARM HLDGS PLC SPONSORED ADR 042068106 201 30,830 SH SOLE 30,830 0 0 ASML HLDG NV N Y SHS N07059111 168,350 11,134,290 SH SOLE 11,134,290 0 0 AT&T CORP COM 001957109 7,771 726,265 SH SOLE 726,265 0 0 AUTODESK INC COM 052769106 17,823 1,345,135 SH SOLE 1,345,135 0 0 AUTOMATIC DATA PROCESSING IN COM 053015103 370,059 8,497,345 SH SOLE 8,497,345 0 0 AUTONATION INC COM 05329W102 6,525 450,000 SH SOLE 450,000 0 0 AVON PRODS INC COM 054303102 22,322 427,290 SH SOLE 427,290 0 0 AXCELIS TECHNOLOGIES INC COM 054540109 1,714 151,665 SH SOLE 151,665 0 0 BAKER HUGHES INC COM 057224107 6,590 197,955 SH SOLE 197,955 0 0 BALL CORP COM 058498106 150,264 3,622,575 SH SOLE 3,622,575 0 0 BALLY TOTAL FITNESS HLDG COR COM 05873K108 43,078 2,302,430 SH SOLE 2,302,430 0 0 BANK NEW YORK INC COM 064057102 1,048,208 31,058,025 SH SOLE 31,058,025 0 0 BANK OF AMERICA CORPORATION COM 060505104 621,706 8,836,065 SH SOLE 8,836,065 0 0 BARD C R INC COM 067383109 22,062 389,920 SH SOLE 389,920 0 0 BARNES & NOBLE INC COM 067774109 67,503 2,554,025 SH SOLE 2,554,025 0 0 BARRA INC COM 068313105 21,514 578,640 SH SOLE 578,640 0 0 BAXTER INTL INC COM 071813109 90,031 2,025,450 SH SOLE 2,025,450 0 0 BECTON DICKINSON & CO COM 075887109 70,226 2,038,490 SH SOLE 2,038,490 0 0 BED BATH & BEYOND INC COM 075896100 44,348 1,175,095 SH SOLE 1,175,095 0 0 BEMIS INC COM 081437105 97,375 2,050,000 SH SOLE 2,050,000 0 0 BERKLEY W R CORP COM 084423102 139,906 2,543,750 SH SOLE 2,543,750 0 0 BERKSHIRE HATHAWAY A COM 084670108 59,986 898 SH SOLE 898 0 0 BERKSHIRE HATHAWAY INC DEL CL B 084670207 1,009,699 451,969 SH SOLE 451,969 0 0 BEST BUY INC COM 086516101 106,179 2,925,051 SH SOLE 2,925,051 0 0 BIOMET INC COM 090613100 54,548 2,011,372 SH SOLE 2,011,372 0 0 BIOSITE INC COM 090945106 12,801 454,740 SH SOLE 454,740 0 0 BISYS GROUP INC COM 055472104 68,185 2,047,605 SH SOLE 2,047,605 0 0 BJ SVCS CO COM 055482103 213,824 6,311,210 SH SOLE 6,311,210 0 0 BLOCKBUSTER INC CL A 093679108 42,659 1,585,820 SH SOLE 1,585,820 0 0 BP PLC SPONSORED ADR 055622104 4,252 84,215 SH SOLE 84,215 0 0 BRADY CORP CL A 104674106 326 9,305 SH SOLE 9,305 0 0 BROADCOM CORP CL A 111320107 14,788 843,095 SH SOLE 843,095 0 0 BROCADE COMMUNICATIONS SYS I COM 111621108 64,332 3,680,306 SH SOLE 3,680,306 0 0 BROOK-PRI AUTOMATION INC COM 11442E102 4,666 182,565 SH SOLE 182,565 0 0 BROWN & BROWN INC COM 115236101 49,254 1,563,615 SH SOLE 1,563,615 0 0 BURLINGTON RES INC COM 122014103 98,491 2,591,860 SH SOLE 2,591,860 0 0 C H ROBINSON WORLDWIDE INC COM 12541W100 482 14,380 SH SOLE 14,380 0 0 CABLEVISION SYS CORP CL A NY CABLVS 12686C109 81,455 8,610,442 SH SOLE 8,610,442 0 0 CABLEVISION SYS CORP CL A RAINB MED 12686C844 65,524 7,488,485 SH SOLE 7,488,485 0 0 CADENCE DESIGN SYSTEM INC COM 127387108 308,754 19,153,465 SH SOLE 19,153,465 0 0 CANADIAN NATL RY CO COM 136375102 153,328 2,960,005 SH SOLE 2,960,005 0 0 CANTEL MEDICAL CORP COM 138098108 1,079 58,630 SH SOLE 58,630 0 0 CAPITAL ONE FINL CORP COM 14040H105 247,718 4,057,620 SH SOLE 4,057,620 0 0 CARDINAL HEALTH INC COM 14149Y108 428,567 6,978,774 SH SOLE 6,978,774 0 0 CAREER EDUCATION CORP COM 141665109 21,752 483,380 SH SOLE 483,380 0 0 CELESTICA INC SUB VTG SHS 15101Q108 227,414 10,013,837 SH SOLE 10,013,837 0 0 CEMEX S A SPON ADR 5 ORD 151290889 110,512 4,192,425 SH SOLE 4,192,425 0 0 CENDANT CORP COM 151313103 627,251 39,499,405 SH SOLE 39,499,405 0 0 CENTENE CORP DEL COM 15135B101 20,825 672,200 SH SOLE 672,200 0 0 CEPHALON INC COM 156708109 14,427 319,180 SH SOLE 319,180 0 0 CERIDIAN CORP NEW COM 156779100 327,939 17,278,155 SH SOLE 17,278,155 0 0 CERNER CORP COM 156782104 57,502 1,202,215 SH SOLE 1,202,215 0 0 CERTEGY INC COM 156880106 34,666 934,140 SH SOLE 934,140 0 0 CERUS CORP COM 157085101 41,582 1,227,335 SH SOLE 1,227,335 0 0 CHARTER COMMUNICATIONS INC D CL A 16117M107 30,163 7,392,850 SH SOLE 7,392,850 0 0 CHECK POINT SOFTWARE TECH LT ORD M22465104 4,746 350,000 SH SOLE 350,000 0 0 CHECKFREE CORP NEW COM 162813109 2,206 141,050 SH SOLE 141,050 0 0 CHINA MOBILE HONG KONG LTD SPONSORED ADR 16941M109 26,966 1,844,475 SH SOLE 1,844,475 0 0 CHIPPAC INC CL A 169657103 5,562 900,000 SH SOLE 900,000 0 0 CHUBB CORP COM 171232101 74,111 1,046,760 SH SOLE 1,046,760 0 0 CIGNA CORP COM 125509109 476,769 4,893,950 SH SOLE 4,893,950 0 0 CISCO SYS INC COM 17275R102 497,125 35,636,196 SH SOLE 35,636,196 0 0 CITIGROUP INC COM 172967101 2,332,519 60,194,045 SH SOLE 60,194,045 0 0 CLAYTON HOMES INC COM 184190106 146,237 9,255,510 SH SOLE 9,255,510 0 0 CLEAR CHANNEL COMM NOTE 2.62% 04/03184502AB8 93 98,000 SH SOLE 98,000 0 0 CLEAR CHANNEL COMMUNICATIONS COM 184502102 814,331 25,431,959 SH SOLE 25,431,959 0 0 CNF INC COM 12612W104 17,755 467,485 SH SOLE 467,485 0 0 COACH INC COM 189754104 9,319 169,750 SH SOLE 169,750 0 0 COCA COLA CO COM 191216100 1,009,144 18,020,425 SH SOLE 18,020,425 0 0 COCA COLA ENTERPRISES INC COM 191219104 97,479 4,414,820 SH SOLE 4,414,820 0 0 COLGATE PALMOLIVE CO COM 194162103 1,090,141 21,781,045 SH SOLE 21,781,045 0 0 COMCAST CORP CL A 200300101 4,834 199,755 SH SOLE 199,755 0 0 COMCAST CORP CL A SPL 200300200 1,515,807 63,582,527 SH SOLE 63,582,527 0 0 COMMERCE BANCORP INC NJ COM 200519106 24,074 544,660 SH SOLE 544,660 0 0 COMMSCOPE INC COM 203372107 4,981 398,450 SH SOLE 398,450 0 0 COMMUNITY HEALTH SYS INC NEW COM 203668108 38,234 1,426,650 SH SOLE 1,426,650 0 0 COMPANHIA VALE DO RIO DOCE SPONSORED ADR 204412209 109,703 3,964,695 SH SOLE 3,964,695 0 0 COMPUTER ASSOC INTL INC COM 204912109 52,602 3,310,400 SH SOLE 3,310,400 0 0 CONAGRA FOODS INC COM 205887102 51,599 1,866,165 SH SOLE 1,866,165 0 0 CONCORD EFS INC COM 206197105 290,097 9,624,970 SH SOLE 9,624,970 0 0 CONOCO INC COM 208251504 106,142 3,818,060 SH SOLE 3,818,060 0 0 CORPORATE EXECUTIVE BRD CO COM 21988R102 19,694 575,000 SH SOLE 575,000 0 0 COSTCO WHSL CORP NEW COM 22160K105 381,302 9,873,183 SH SOLE 9,873,183 0 0 COX COMMUNICATIONS INC NEW CL A 224044107 247,150 8,970,960 SH SOLE 8,970,960 0 0 COX RADIO INC CL A 224051102 39,036 1,619,770 SH SOLE 1,619,770 0 0 CREE INC COM 225447101 33,540 2,535,150 SH SOLE 2,535,150 0 0 CROSS CTRY INC COM 22748P105 7,798 206,300 SH SOLE 206,300 0 0 CROWN CASTLE INTL CORP COM 228227104 43,177 10,986,398 SH SOLE 10,986,398 0 0 CSX CORP COM 126408103 11,543 329,325 SH SOLE 329,325 0 0 CUMULUS MEDIA INC CL A 231082108 11,787 855,400 SH SOLE 855,400 0 0 CYMER INC COM 232572107 8,075 230,450 SH SOLE 230,450 0 0 CYTEC INDS INC COM 232820100 1,479 47,030 SH SOLE 47,030 0 0 DEAN FOODS CO NEW COM 242370104 45,511 1,220,130 SH SOLE 1,220,130 0 0 DELL COMPUTER CORP COM 247025109 33,262 1,272,440 SH SOLE 1,272,440 0 0 DELPHI CORP COM 247126105 130,253 9,867,655 SH SOLE 9,867,655 0 0 DENTSPLY INTL INC NEW COM 249030107 12,167 329,645 SH SOLE 329,645 0 0 DEVON ENERGY CORP NEW DBCV 6/27/05 25179MAD5 8,341 16,850,000 PR SOLE 16,850,000 0 0 DIONEX CORP COM 254546104 42,429 1,583,775 SH SOLE 1,583,775 0 0 DISNEY WALT CO COM DISNEY 254687106 189,763 10,040,380 SH SOLE 10,040,380 0 0 DOLLAR TREE STORES INC COM 256747106 204,491 5,188,819 SH SOLE 5,188,819 0 0 DU PONT E I DE NEMOURS & CO COM 263534109 228,166 5,138,870 SH SOLE 5,138,870 0 0 DUKE ENERGY CORP COM 264399106 70,496 2,266,745 SH SOLE 2,266,745 0 0 E TRADE GROUP INC COM 269246104 103,021 18,868,371 SH SOLE 18,868,371 0 0 E*TRADE GROUP INC NOTE 6.0% 02/07 269246AB0 37,331 49,363,000 SH SOLE 49,363,000 0 0 EARTHLINK INC COM 270321102 6,491 979,025 SH SOLE 979,025 0 0 EBAY INC COM 278642103 1,102,790 17,896,630 SH SOLE 17,896,630 0 0 ECHOSTAR COMMUNICATIONS NEW CL A 278762109 134,745 7,259,955 SH SOLE 7,259,955 0 0 ECLIPSYS CORP COM 278856109 1,385 211,085 SH SOLE 211,085 0 0 ECOLAB INC COM 278865100 74,321 1,607,645 SH SOLE 1,607,645 0 0 EL PASO CORP COM 28336L109 77,251 3,748,222 SH SOLE 3,748,222 0 0 ELECTRONIC ARTS INC COM 285512109 883,127 13,370,590 SH SOLE 13,370,590 0 0 ELECTRONIC DATA SYS NEW COM 285661104 289,185 7,784,245 SH SOLE 7,784,245 0 0 ELECTRONICS BOUTIQUE HLDGS C COM 286045109 21,728 741,585 SH SOLE 741,585 0 0 EMBRAER AIRCRAFT ADR SP ADR 29081M102 82,191 3,840,695 SH SOLE 3,840,695 0 0 EMERSON ELEC CO COM 291011104 18,018 336,715 SH SOLE 336,715 0 0 EMULEX CORP COM NEW 292475209 10,797 479,460 SH SOLE 479,460 0 0 ENCANA CORP COM 292505104 153,389 5,012,701 SH SOLE 5,012,701 0 0 ENTERCOM COMMUNICATIONS CORP CL A 293639100 46,199 1,006,515 SH SOLE 1,006,515 0 0 ENTRAVISION COMMUNICATIONS C CL A 29382R107 4,460 364,080 SH SOLE 364,080 0 0 ENZON INC COM 293904108 101,896 4,140,440 SH SOLE 4,140,440 0 0 EOG RES INC COM 26875P101 77,821 1,960,230 SH SOLE 1,960,230 0 0 EON LABS INC COM 29412E100 5,782 325,000 SH SOLE 325,000 0 0 ETHAN ALLEN INTERIORS INC COM 297602104 14,889 427,235 SH SOLE 427,235 0 0 EURONET WORLDWIDE INC COM 298736109 14,330 896,165 SH SOLE 896,165 0 0 EVEREST RE GROUP LTD COM G3223R108 155,791 2,784,465 SH SOLE 2,784,465 0 0 EXPEDITORS INTL WASH INC COM 302130109 131,299 3,959,570 SH SOLE 3,959,570 0 0 EXULT INC DEL COM 302284104 6,482 997,200 SH SOLE 997,200 0 0 EXXON MOBIL CORP COM 30231G102 1,622,360 39,647,115 SH SOLE 39,647,115 0 0 FAIRMONT HOTELS RESORTS INC COM 305204109 79,759 3,093,832 SH SOLE 3,093,832 0 0 FASTENAL CO COM 311900104 9,986 259,310 SH SOLE 259,310 0 0 FEDERAL AGRIC MTG CORP CL C 313148306 4,312 161,495 SH SOLE 161,495 0 0 FEDERAL HOME LN MTG CORP COM 313400301 2,252 36,805 SH SOLE 36,805 0 0 FEDERAL NATL MTG ASSN COM 313586109 1,123,813 15,238,137 SH SOLE 15,238,137 0 0 FEDEX CORP COM 31428X106 53,784 1,007,200 SH SOLE 1,007,200 0 0 FIFTH THIRD BANCORP COM 316773100 165,511 2,483,279 SH SOLE 2,483,279 0 0 FIRST DATA CORP COM 319963104 344,501 9,260,775 SH SOLE 9,260,775 0 0 FIRST HEALTH GROUP CORP COM 320960107 138,037 4,922,875 SH SOLE 4,922,875 0 0 FISERV INC COM 337738108 380,412 10,362,625 SH SOLE 10,362,625 0 0 FLEXTRONICS INTL LTD ORD Y2573F102 67,929 9,527,259 SH SOLE 9,527,259 0 0 FLOWSERVE CORP COM 34354P105 53,934 1,809,870 SH SOLE 1,809,870 0 0 FLUOR CORP NEW COM 343412102 214,441 5,505,550 SH SOLE 5,505,550 0 0 FORD MTR CO CAP TR II PFD TR CV6.5% 345395206 229,231 4,075,215 SH SOLE 4,075,215 0 0 FORD MTR CO DEL COM PAR $0.01 345370860 87,608 5,475,480 SH SOLE 5,475,480 0 0 FOREST LABS INC COM 345838106 500,179 7,064,675 SH SOLE 7,064,675 0 0 FREDS INC CL A 356108100 29,592 804,575 SH SOLE 804,575 0 0 FTI CONSULTING INC COM 302941109 9,918 283,300 SH SOLE 283,300 0 0 GALLAGHER ARTHUR J & CO COM 363576109 84,984 2,452,645 SH SOLE 2,452,645 0 0 GANNETT INC COM 364730101 110,710 1,458,635 SH SOLE 1,458,635 0 0 GAP INC DEL COM 364760108 21,765 1,532,730 SH SOLE 1,532,730 0 0 GART SPORTS CO COM 366630101 14,501 509,000 SH SOLE 509,000 0 0 GENENTECH INC COM NEW 368710406 531,263 15,858,603 SH SOLE 15,858,603 0 0 GENERAL DYNAMICS CORP COM 369550108 1,028,079 9,666,935 SH SOLE 9,666,935 0 0 GENERAL ELEC CO COM 369604103 364,044 12,531,640 SH SOLE 12,531,640 0 0 GENERAL MTRS CORP COM 370442105 85,738 1,604,075 SH SOLE 1,604,075 0 0 GETTY IMAGES INC COM 374276103 16,647 764,690 SH SOLE 764,690 0 0 GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 1,546 35,835 SH SOLE 35,835 0 0 GOLDMAN SACHS GROUP INC COM 38141G104 1,341,014 18,282,394 SH SOLE 18,282,394 0 0 GOODYEAR TIRE & RUBR CO COM 382550101 46,081 2,462,900 SH SOLE 2,462,900 0 0 GRAINGER W W INC COM 384802104 112,921 2,253,910 SH SOLE 2,253,910 0 0 GRAPHIC PACKAGING INTL CORP COM 388690109 3,852 416,445 SH SOLE 416,445 0 0 GRUPO TELEVISA SA DE CV SP ADR REP ORD 40049J206 498,606 13,338,856 SH SOLE 13,338,856 0 0 GRUPO TMM S A DE CV SP ADR L SHS 40051D204 3,833 554,640 SH SOLE 554,640 0 0 GSI COMMERCE INC COM 36238G102 4,690 621,200 SH SOLE 621,200 0 0 GUIDANT CORP COM 401698105 129,914 4,297,535 SH SOLE 4,297,535 0 0 HALLIBURTON CO COM 406216101 13,212 828,835 SH SOLE 828,835 0 0 HANCOCK JOHN FINL SVCS INC COM 41014S106 63,278 1,797,675 SH SOLE 1,797,675 0 0 HARLEY DAVIDSON INC COM 412822108 357,311 6,969,205 SH SOLE 6,969,205 0 0 HCA INC COM 404119109 87,675 1,845,795 SH SOLE 1,845,795 0 0 HCC INS HLDGS INC COM 404132102 11,802 447,905 SH SOLE 447,905 0 0 HEALTH MGMT ASSOC INC NEW CL A 421933102 149,937 7,441,025 SH SOLE 7,441,025 0 0 HEALTHSOUTH CORP COM 421924101 50,133 3,919,695 SH SOLE 3,919,695 0 0 HEALTHSOUTH CORP SDCV 3.2% 4/03 421924AF8 13,543 13,680,000 PR SOLE 13,680,000 0 0 HEINZ H J CO COM 423074103 155,705 3,788,445 SH SOLE 3,788,445 0 0 HILLENBRAND INDS INC COM 431573104 130,396 2,322,280 SH SOLE 2,322,280 0 0 HILTON HOTELS CORP COM 432848109 12,528 901,265 SH SOLE 901,265 0 0 HISPANIC BROADCASTING CORP CL A 43357B104 162,384 6,221,605 SH SOLE 6,221,605 0 0 HOLLYWOOD ENTMT CORP COM 436141105 13,442 650,000 SH SOLE 650,000 0 0 HOME DEPOT INC COM 437076102 1,665,032 45,331,655 SH SOLE 45,331,655 0 0 HONEYWELL INTL INC COM 438516106 973,374 27,629,125 SH SOLE 27,629,125 0 0 HOST MARRIOTT CORP NEW COM 44107P104 2,777 245,710 SH SOLE 245,710 0 0 HOUSEHOLD INTL INC COM 441815107 376,823 7,581,954 SH SOLE 7,581,954 0 0 IDEC PHARMACEUTICALS CORP COM 449370105 28,680 809,035 SH SOLE 809,035 0 0 ILLINOIS TOOL WKS INC COM 452308109 122,850 1,798,680 SH SOLE 1,798,680 0 0 IMMUNEX CORP NEW COM 452528102 6,931 310,245 SH SOLE 310,245 0 0 IMS HEALTH INC COM 449934108 29,426 1,639,345 SH SOLE 1,639,345 0 0 INFOSYS TECHNOLOGIES LTD SPONSORED ADR 456788108 3,668 71,635 SH SOLE 71,635 0 0 INGRAM MICRO INC CL A 457153104 16,798 1,221,675 SH SOLE 1,221,675 0 0 INSIGHT ENTERPRISES INC COM 45765U103 31,922 1,267,252 SH SOLE 1,267,252 0 0 INSTINET GROUP INC COM 457750107 1,103 169,185 SH SOLE 169,185 0 0 INTEGRATED DEVICE TECHNOLOGY COM 458118106 176,174 9,711,925 SH SOLE 9,711,925 0 0 INTEL CORP COM 458140100 9,071 496,500 SH SOLE 496,500 0 0 INTERCEPT INC COM 45845L107 11,914 575,000 SH SOLE 575,000 0 0 INTERNATIONAL BUSINESS MACHS COM 459200101 20,557 285,510 SH SOLE 285,510 0 0 INTERNATIONAL FLAVORS&FRAGRA COM 459506101 530 16,315 SH SOLE 16,315 0 0 INTERNATIONAL GAME TECHNOLOG COM 459902102 163,297 2,880,015 SH SOLE 2,880,015 0 0 INTERPUBLIC GROUP COS INC COM 460690100 252,088 10,181,265 SH SOLE 10,181,265 0 0 INTERSTATE BAKERIES CORP DEL COM 46072H108 12,996 450,000 SH SOLE 450,000 0 0 INT'L RECTIFIER CORP NOTE 4.25% 7/07 460254AE5 8,313 10,000,000 SH SOLE 10,000,000 0 0 INTUIT COM 461202103 110,475 2,221,935 SH SOLE 2,221,935 0 0 IPC HLDGS LTD ORD G4933P101 26,897 880,700 SH SOLE 880,700 0 0 IRELAND BK SPONSORED ADR 46267Q103 250 5,025 SH SOLE 5,025 0 0 ITT INDS INC IND COM 450911102 88,250 1,250,000 SH SOLE 1,250,000 0 0 J P MORGAN CHASE & CO COM 46625H100 367,748 10,841,615 SH SOLE 10,841,615 0 0 JARDEN CORP COM 471109108 3,701 186,905 SH SOLE 186,905 0 0 JOHNSON & JOHNSON COM 478160104 75,029 1,435,685 SH SOLE 1,435,685 0 0 KEANE INC COM 486665102 23,766 1,916,575 SH SOLE 1,916,575 0 0 KENNAMETAL INC COM 489170100 73,961 2,020,785 SH SOLE 2,020,785 0 0 KINDER MORGAN INC KANS COM 49455P101 156,312 4,111,320 SH SOLE 4,111,320 0 0 KINDER MORGAN MANAGEMENT LLC SHS 49455U100 58,311 1,911,827 SH SOLE 1,911,827 0 0 KING PHARMACEUTICALS INC COM 495582108 107,718 4,841,241 SH SOLE 4,841,241 0 0 KLA-TENCOR CORP COM 482480100 162,409 3,691,950 SH SOLE 3,691,950 0 0 KOHLS CORP COM 500255104 44,987 641,935 SH SOLE 641,935 0 0 KONINKLIJKE PHILIPS ELECTRS NY REG SH NEW 500472303 20,983 760,241 SH SOLE 760,241 0 0 KOOKMIN BK NEW SPONSORED ADR 50049M109 34,305 697,961 SH SOLE 697,961 0 0 KROGER CO COM 501044101 135,400 6,804,015 SH SOLE 6,804,015 0 0 LABOR READY INC COM NEW 505401208 6,203 1,060,390 SH SOLE 1,060,390 0 0 LABORATORY CORP AMER HLDGS COM NEW 50540R409 673,718 14,758,330 SH SOLE 14,758,330 0 0 LAM RESEARCH CORP COM 512807108 1,726 95,975 SH SOLE 95,975 0 0 LAMAR ADVERTISING CO CL A 512815101 325,725 8,753,705 SH SOLE 8,753,705 0 0 LAMAR ADVERTISING CO NOTE 5.250% 9/0512815AF8 5,050 5,000,000 PR SOLE 5,000,000 0 0 LAUDER ESTEE COS INC CL A 518439104 236,413 6,716,270 SH SOLE 6,716,270 0 0 LEAR CORP COM 521865105 118,400 2,559,995 SH SOLE 2,559,995 0 0 LEHMAN BROS HLDGS INC COM 524908100 89,751 1,435,560 SH SOLE 1,435,560 0 0 LEXMARK INTL NEW CL A 529771107 58,323 1,072,110 SH SOLE 1,072,110 0 0 LIBERTY MEDIA CORP NEW COM SER A 530718105 1,211,781 121,178,114SH SOLE 121,178,114 0 0 LIFEPOINT HOSPITALS INC COM 53219L109 27,201 749,120 SH SOLE 749,120 0 0 LIN TV CORP CL A 532774106 14,196 525,000 SH SOLE 525,000 0 0 LINEAR TECHNOLOGY CORP COM 535678106 1,057,384 33,642,493 SH SOLE 33,642,493 0 0 LINENS N THINGS INC COM 535679104 5,742 175,000 SH SOLE 175,000 0 0 LIZ CLAIBORNE INC COM 539320101 32,053 1,007,950 SH SOLE 1,007,950 0 0 LNR PPTY CORP COM 501940100 15,186 440,175 SH SOLE 440,175 0 0 LOCKHEED MARTIN CORP COM 539830109 337,352 4,853,990 SH SOLE 4,853,990 0 0 LSI LOGIC CORP COM 502161102 9,947 1,136,770 SH SOLE 1,136,770 0 0 LUCENT TECHNOLOGIES INC COM 549463107 8,319 5,011,610 SH SOLE 5,011,610 0 0 M & T BK CORP COM 55261F104 146,496 1,708,205 SH SOLE 1,708,205 0 0 MAGMA DESIGN AUTOMATION COM 559181102 2,055 122,300 SH SOLE 122,300 0 0 MAGNUM HUNTER RES INC *W EXP 03/05 55972F138 359 432,955 SH SOLE 432,955 0 0 MAGNUM HUNTER RES INC COM PAR $0.002 55972F203 17,080 2,164,775 SH SOLE 2,164,775 0 0 MANDALAY RESORT GROUP COM 562567107 48,064 1,743,360 SH SOLE 1,743,360 0 0 MANPOWER INC COM 56418H100 37,832 1,029,450 SH SOLE 1,029,450 0 0 MARSH & MCLENNAN COS INC COM 571748102 931,177 9,639,515 SH SOLE 9,639,515 0 0 MARVELL TECHNOLOGY GROUP LTD ORD G5876H105 17,928 901,365 SH SOLE 901,365 0 0 MATTEL INC COM 577081102 284,097 13,477,100 SH SOLE 13,477,100 0 0 MAXIM INTEGRATED PRODS INC COM 57772K101 1,355,488 35,363,624 SH SOLE 35,363,624 0 0 MCDONALDS CORP COM 580135101 60,497 2,126,425 SH SOLE 2,126,425 0 0 MCGRAW HILL COS INC COM 580645109 228,697 3,830,775 SH SOLE 3,830,775 0 0 MCKESSON CORP COM 58155Q103 543,418 16,618,285 SH SOLE 16,618,285 0 0 MEDCATH CORP COM 58404W109 11,938 698,100 SH SOLE 698,100 0 0 MEDICAL STAFFING NETWK HLDGS COM 58463F104 12,726 519,410 SH SOLE 519,410 0 0 MEDSOURCE TECHNOLOGIES INC COM 58505Y103 9,800 800,000 SH SOLE 800,000 0 0 MEDTRONIC INC COM 585055106 822,063 19,184,664 SH SOLE 19,184,664 0 0 MELLON FINL CORP COM 58551A108 84,051 2,674,225 SH SOLE 2,674,225 0 0 MERCURY INTERACTIVE CORP COM 589405109 866 37,705 SH SOLE 37,705 0 0 MERRILL LYNCH & CO INC COM 590188108 106,589 2,631,835 SH SOLE 2,631,835 0 0 METRO GOLDWYN MAYER INC COM 591610100 33,383 2,853,245 SH SOLE 2,853,245 0 0 METTLER TOLEDO INTERNATIONAL COM 592688105 43,421 1,177,665 SH SOLE 1,177,665 0 0 MGIC INVT CORP WIS COM 552848103 811,863 11,974,385 SH SOLE 11,974,385 0 0 MGM MIRAGE COM 552953101 120,034 3,556,555 SH SOLE 3,556,555 0 0 MICROMUSE INC COM 595094103 4,754 1,024,500 SH SOLE 1,024,500 0 0 MICROSOFT CORP COM 594918104 2,203,433 40,282,138 SH SOLE 40,282,138 0 0 MICROTUNE INC DEL COM 59514P109 43,026 4,828,950 SH SOLE 4,828,950 0 0 MID ATLANTIC MED SVCS INC COM 59523C107 8,714 277,945 SH SOLE 277,945 0 0 MILLENNIUM PHARMACEUTICALS I COM 599902103 28,620 2,355,578 SH SOLE 2,355,578 0 0 MILLIPORE CORP COM 601073109 98,622 3,083,850 SH SOLE 3,083,850 0 0 MIM CORP COM 553044108 15,658 1,295,155 SH SOLE 1,295,155 0 0 MOHAWK INDS INC COM 608190104 93,148 1,513,865 SH SOLE 1,513,865 0 0 MONSANTO CO NEW COM 61166W101 44,132 2,479,345 SH SOLE 2,479,345 0 0 MOODYS CORP COM 615369105 190,296 3,825,045 SH SOLE 3,825,045 0 0 MORGAN STANLEY DEAN WITTER&C COM NEW 617446448 44,742 1,038,577 SH SOLE 1,038,577 0 0 MOVIE GALLERY INC COM 624581104 16,896 800,000 SH SOLE 800,000 0 0 MPS GROUP INC COM 553409103 5,853 688,575 SH SOLE 688,575 0 0 MURPHY OIL CORP COM 626717102 105,081 1,273,710 SH SOLE 1,273,710 0 0 MYKROLIS CORP COM 62852P103 28,229 2,390,264 SH SOLE 2,390,264 0 0 NASDAQ 100 TR UNIT SER 1 631100104 23,380 895,780 SH SOLE 895,780 0 0 NATIONAL COMMERCE FINL CORP COM 63545P104 45,438 1,727,685 SH SOLE 1,727,685 0 0 NATIONAL SEMICONDUCTOR CORP COM 637640103 194,972 6,683,990 SH SOLE 6,683,990 0 0 NEW YORK TIMES CO CL A 650111107 78,598 1,526,170 SH SOLE 1,526,170 0 0 NIKE INC CL B 654106103 245,648 4,578,705 SH SOLE 4,578,705 0 0 NOKIA CORP SPONSORED ADR 654902204 623,473 43,057,541 SH SOLE 43,057,541 0 0 NORTH FORK BANCORPORATION NY COM 659424105 36,404 914,440 SH SOLE 914,440 0 0 NORTHERN TR CORP COM 665859104 470,706 10,683,305 SH SOLE 10,683,305 0 0 NORTHROP GRUMMAN CORP COM 666807102 54,658 437,265 SH SOLE 437,265 0 0 NOVELLUS SYS INC COM 670008101 149,904 4,408,945 SH SOLE 4,408,945 0 0 NVIDIA CORP COM 67066G104 159,643 9,292,350 SH SOLE 9,292,350 0 0 NVIDIA CORP NOTE 4.7%10/07 67066GAA2 14,276 17,410,000 PR SOLE 17,410,000 0 0 NVR INC COM 62944T105 114,629 354,890 SH SOLE 354,890 0 0 OCEAN ENERGY INC DEL COM 67481E106 33,278 1,535,665 SH SOLE 1,535,665 0 0 OMNIVISION TECHNOLOGIES INC COM 682128103 7,972 559,800 SH SOLE 559,800 0 0 OPTIMAL ROBOTICS CORP CL A NEW 68388R208 956 131,100 SH SOLE 131,100 0 0 ORACLE CORP COM 68389X105 28,853 3,046,830 SH SOLE 3,046,830 0 0 ORBOTECH LTD ORD M75253100 7,047 310,445 SH SOLE 310,445 0 0 OSI PHARMACEUTICALS INC COM 671040103 29,390 1,223,580 SH SOLE 1,223,580 0 0 OVERTURE SVCS INC COM 69039R100 3,943 157,855 SH SOLE 157,855 0 0 OXFORD HEALTH PLANS INC COM 691471106 162,823 3,504,585 SH SOLE 3,504,585 0 0 PACER INTL INC TENN COM 69373H106 17,412 1,010,000 SH SOLE 1,010,000 0 0 PACKAGING CORP AMER COM 695156109 85,825 4,314,960 SH SOLE 4,314,960 0 0 PACTIV CORP COM 695257105 12,720 534,450 SH SOLE 534,450 0 0 PARK PL ENTMT CORP COM 700690100 138,787 13,540,147 SH SOLE 13,540,147 0 0 PARTNERRE LTD COM G6852T105 122,466 2,501,850 SH SOLE 2,501,850 0 0 PATTERSON UTI ENERGY INC COM 703481101 22,678 803,315 SH SOLE 803,315 0 0 PAYCHEX INC COM 704326107 365,071 11,667,322 SH SOLE 11,667,322 0 0 PEOPLESOFT INC COM 712713106 15,872 1,066,635 SH SOLE 1,066,635 0 0 PEPSICO INC COM 713448108 208,973 4,335,536 SH SOLE 4,335,536 0 0 PERFORMANCE FOOD GROUP CO COM 713755106 32,865 970,600 SH SOLE 970,600 0 0 PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V101 441,154 25,353,670 SH SOLE 25,353,670 0 0 PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 155,913 8,266,845 SH SOLE 8,266,845 0 0 PFIZER INC COM 717081103 1,390,075 39,716,429 SH SOLE 39,716,429 0 0 PHARMACEUTICAL RES INC COM 717125108 65,308 2,350,885 SH SOLE 2,350,885 0 0 PHARMACIA CORP COM 71713U102 50,792 1,356,270 SH SOLE 1,356,270 0 0 PHILIP MORRIS COS INC COM 718154107 368,726 8,441,520 SH SOLE 8,441,520 0 0 PIER 1 IMPORTS INC COM 720279108 9,530 453,825 SH SOLE 453,825 0 0 PIONEER NAT RES CO COM 723787107 28,465 1,092,720 SH SOLE 1,092,720 0 0 PLAYBOY ENTERPRISES INC CL B 728117300 12,102 949,165 SH SOLE 949,165 0 0 PLAYTEX PRODS INC COM 72813P100 9,713 750,000 SH SOLE 750,000 0 0 PLUMTREE SOFTWARE COM 72940Q104 2,075 416,667 SH SOLE 416,667 0 0 PMA CAP CORP CL A 693419202 21,150 1,000,000 SH SOLE 1,000,000 0 0 PMI GROUP INC WHEN ISSUED 69344M101 126,565 3,313,220 SH SOLE 3,313,220 0 0 POWERWAVE TECHNOLOGIES INC COM 739363109 4,926 537,770 SH SOLE 537,770 0 0 PRAXAIR INC COM 74005P104 104,731 1,838,345 SH SOLE 1,838,345 0 0 PRECISION CASTPARTS CORP COM 740189105 72,600 2,200,000 SH SOLE 2,200,000 0 0 PREMCOR INC COM 74045Q104 7,073 275,000 SH SOLE 275,000 0 0 PRICE T ROWE GROUP INC COM 74144T108 113,358 3,447,630 SH SOLE 3,447,630 0 0 PRINCIPAL FINANCIAL GROUP IN COM 74251V102 44,162 1,424,570 SH SOLE 1,424,570 0 0 PRIORITY HEALTHCARE CORP CL B 74264T102 61,517 2,617,725 SH SOLE 2,617,725 0 0 PROCTER & GAMBLE CO COM 742718109 570,622 6,389,940 SH SOLE 6,389,940 0 0 PROVINCE HEALTHCARE CO COM 743977100 29,467 1,317,824 SH SOLE 1,317,824 0 0 QUALCOMM INC COM 747525103 67,013 2,437,710 SH SOLE 2,437,710 0 0 QUEST DIAGNOSTICS INC COM 74834L100 121,787 1,415,310 SH SOLE 1,415,310 0 0 RADIO ONE INC CL A 75040P108 12,598 847,205 SH SOLE 847,205 0 0 RADIO ONE INC CL D NON VTG 75040P405 23,721 1,595,250 SH SOLE 1,595,250 0 0 RAYONIER INC COM 754907103 43,442 884,235 SH SOLE 884,235 0 0 RAYTHEON CO COM NEW 755111507 329,570 8,087,610 SH SOLE 8,087,610 0 0 REALNETWORKS INC COM 75605L104 10,669 2,621,435 SH SOLE 2,621,435 0 0 RED HAT INC COM 756577102 587 100,000 SH SOLE 100,000 0 0 REGAL ENTMT GROUP CL A 758766109 9,328 400,000 SH SOLE 400,000 0 0 REHABCARE GROUP INC COM 759148109 7,233 301,015 SH SOLE 301,015 0 0 RENAISSANCE RE HLDGS LTD COM G7496G103 185,535 5,069,265 SH SOLE 5,069,265 0 0 RETEK INC COM 76128Q109 17,134 705,092 SH SOLE 705,092 0 0 ROBERT HALF INTL INC COM 770323103 134,971 5,792,750 SH SOLE 5,792,750 0 0 ROYAL CARIBBEAN CRUISES LTD COM V7780T103 29,956 1,536,180 SH SOLE 1,536,180 0 0 RYANAIR HLDGS PLC SPONSORED ADR 783513104 207,135 5,940,045 SH SOLE 5,940,045 0 0 SAFEWAY INC COM NEW 786514208 148,749 5,095,890 SH SOLE 5,095,890 0 0 SALIX PHARMACEUTICALS INC COM 795435106 6,739 441,600 SH SOLE 441,600 0 0 SAP AKTIENGESELLSCHAFT SPONSORED ADR 803054204 19,045 784,065 SH SOLE 784,065 0 0 SBS BROADCASTING SA ORD L8137F102 39,379 2,116,010 SH SOLE 2,116,010 0 0 SCHERING PLOUGH CORP COM 806605101 274,933 11,176,143 SH SOLE 11,176,143 0 0 SCHLUMBERGER LTD COM 806857108 146,636 3,153,465 SH SOLE 3,153,465 0 0 SCHOOL SPECIALTY INC COM 807863105 19,723 742,585 SH SOLE 742,585 0 0 SCHWAB CHARLES CORP NEW COM 808513105 738,914 65,974,456 SH SOLE 65,974,456 0 0 SCRIPPS E W CO OHIO CL A 811054204 212 2,750 SH SOLE 2,750 0 0 SEALED AIR CORP NEW COM 81211K100 40,270 1,000,000 SH SOLE 1,000,000 0 0 SEI INVESTMENTS CO COM 784117103 47,889 1,700,000 SH SOLE 1,700,000 0 0 SEPRACOR INC COM 817315104 21,718 2,274,093 SH SOLE 2,274,093 0 0 SEPRACOR INC SDCV 7%12/05 817315AH7 3,425 5,000,000 PR SOLE 5,000,000 0 0 SHIRE PHARMACEUTICALS GRP PL SPONSORED ADR 82481R106 38,311 1,484,360 SH SOLE 1,484,360 0 0 SIGMA ALDRICH CORP COM 826552101 224,141 4,469,410 SH SOLE 4,469,410 0 0 SIX FLAGS INC COM 83001P109 63,947 4,425,370 SH SOLE 4,425,370 0 0 SKILLSOFT CORP COM 83066P101 6,526 831,300 SH SOLE 831,300 0 0 SLM CORP COM 78442P106 410,631 4,237,680 SH SOLE 4,237,680 0 0 SMITH INTL INC COM 832110100 203,565 2,985,260 SH SOLE 2,985,260 0 0 SMUCKER J M CO COM NEW 832696405 2,967 86,929 SH SOLE 86,929 0 0 SOUTHWEST AIRLS CO COM 844741108 267,477 16,551,785 SH SOLE 16,551,785 0 0 SOVEREIGN BANCORP INC COM 845905108 3,738 250,000 SH SOLE 250,000 0 0 SPANISH BROADCASTING SYS INC CL A 846425882 5,533 553,290 SH SOLE 553,290 0 0 SPX CORP COM 784635104 17,990 153,105 SH SOLE 153,105 0 0 ST JUDE MED INC COM 790849103 352,501 4,773,200 SH SOLE 4,773,200 0 0 STANCORP FINL GROUP INC COM 852891100 55,484 999,715 SH SOLE 999,715 0 0 STANLEY WKS COM 854616109 300,918 7,337,662 SH SOLE 7,337,662 0 0 STAPLES INC COM 855030102 40,642 2,063,040 SH SOLE 2,063,040 0 0 STARWOOD HOTELS&RESORTS WRLD PAIRED CTF 85590A203 152,936 4,649,910 SH SOLE 4,649,910 0 0 STATE STR CORP COM 857477103 98,976 2,214,230 SH SOLE 2,214,230 0 0 STATION CASINOS INC COM 857689103 53,310 2,986,553 SH SOLE 2,986,553 0 0 STERICYCLE INC COM 858912108 397 11,200 SH SOLE 11,200 0 0 STMICROELECTRONICS N V NY REGISTRY 861012102 125,001 5,137,711 SH SOLE 5,137,711 0 0 STRYKER CORP COM 863667101 237,147 4,431,830 SH SOLE 4,431,830 0 0 SUN MICROSYSTEMS INC COM 866810104 7,120 1,421,060 SH SOLE 1,421,060 0 0 SYMANTEC CORP COM 871503108 283 8,605 SH SOLE 8,605 0 0 SYMYX TECHNOLOGIES COM 87155S108 32,565 2,339,435 SH SOLE 2,339,435 0 0 SYNOPSYS INC COM 871607107 34,969 637,995 SH SOLE 637,995 0 0 SYSCO CORP COM 871829107 290,768 10,682,130 SH SOLE 10,682,130 0 0 TALX CORP COM 874918105 17,774 937,460 SH SOLE 937,460 0 0 TARGET CORP COM 87612E106 105,229 2,761,910 SH SOLE 2,761,910 0 0 TARO PHARMACEUTICAL INDS LTD ORD M8737E108 7,637 311,460 SH SOLE 311,460 0 0 TECH DATA CORP COM 878237106 24,910 658,120 SH SOLE 658,120 0 0 TELEFONOS DE MEXICO S A SPON ADR ORD L 879403780 231,071 7,202,974 SH SOLE 7,202,974 0 0 TENET HEALTHCARE CORP COM 88033G100 1,516,155 21,190,145 SH SOLE 21,190,145 0 0 TERADYNE INC COM 880770102 81,959 3,487,615 SH SOLE 3,487,615 0 0 TEVA PHARMACEUTICAL INDS LTD ADR 881624209 630,706 9,444,539 SH SOLE 9,444,539 0 0 TEXAS INSTRS INC COM 882508104 98,445 4,153,814 SH SOLE 4,153,814 0 0 TIER TECHNOLOGIES INC CL B 88650Q100 12,282 689,200 SH SOLE 689,200 0 0 TIFFANY & CO NEW COM 886547108 225,348 6,401,934 SH SOLE 6,401,934 0 0 TJX COS INC NEW COM 872540109 4,416 225,215 SH SOLE 225,215 0 0 TMP WORLDWIDE INC COM 872941109 127,064 5,909,974 SH SOLE 5,909,974 0 0 TOWER AUTOMOTIVE INC COM 891707101 1,974 141,480 SH SOLE 141,480 0 0 TOYS R US INC COM 892335100 92,413 5,289,795 SH SOLE 5,289,795 0 0 TRIAD HOSPITALS INC COM 89579K109 9,307 219,620 SH SOLE 219,620 0 0 TRIBUNE CO NEW SB DB EXCH2%29 896047305 23,245 346,945 SH SOLE 346,945 0 0 TTM TECHNOLOGIES INC COM 87305R109 11,263 2,149,465 SH SOLE 2,149,465 0 0 TYCO INTL LTD NEW COM 902124106 363,696 26,920,505 SH SOLE 26,920,505 0 0 TYSON FOODS INC CL A 902494103 5,777 372,455 SH SOLE 372,455 0 0 UNIBANCO GRD GDR(REP 500 UTS)90458E107 2,934 177,805 SH SOLE 177,805 0 0 UNILEVER N V N Y SHS NEW 904784709 28,483 439,545 SH SOLE 439,545 0 0 UNITED PARCEL SERVICE INC CL B 911312106 648,672 10,504,808 SH SOLE 10,504,808 0 0 UNITED SURGICAL PARTNERS INT COM 913016309 13,747 443,730 SH SOLE 443,730 0 0 UNITEDHEALTH GROUP INC COM 91324P102 1,243,290 13,580,445 SH SOLE 13,580,445 0 0 UNIVERSAL COMPRESSION HLDGS COM 913431102 6,107 254,545 SH SOLE 254,545 0 0 UNIVISION COMMUNICATIONS INC CL A 914906102 430,317 13,704,359 SH SOLE 13,704,359 0 0 US BANCORP DEL COM NEW 902973304 319,827 13,697,096 SH SOLE 13,697,096 0 0 USA INTERACTIVE COM 902984103 461,057 19,661,260 SH SOLE 19,661,260 0 0 UTI WORLDWIDE INC ORD G87210103 7,908 400,000 SH SOLE 400,000 0 0 UTSTARCOM INC COM 918076100 30,533 1,513,770 SH SOLE 1,513,770 0 0 VALASSIS COMMUNICATIONS INC COM 918866104 165,961 4,546,876 SH SOLE 4,546,876 0 0 VARIAN SEMICONDUCTOR EQUIPMN COM 922207105 4,120 121,435 SH SOLE 121,435 0 0 VECTOR GROUP LTD COM 92240M108 34,153 1,940,520 SH SOLE 1,940,520 0 0 VERITAS SOFTWARE CO COM 923436109 79,946 4,039,704 SH SOLE 4,039,704 0 0 VERITAS SOFTWARE CORP / VERI NOTE 1.8% 8/06 92343RAA1 6,640 8,000,000 PR SOLE 8,000,000 0 0 VIACOM INC CL B 925524308 3,397,577 76,573,744 SH SOLE 76,573,744 0 0 VITESSE SEMICONDUCTOR CORP COM 928497106 171 55,120 SH SOLE 55,120 0 0 WAL MART STORES INC COM 931142103 67,983 1,235,824 SH SOLE 1,235,824 0 0 WALGREEN CO COM 931422109 930,758 24,094,173 SH SOLE 24,094,173 0 0 WASHINGTON MUT INC COM 939322103 152,312 4,104,335 SH SOLE 4,104,335 0 0 WASTE MGMT INC DEL COM 94106L109 87,366 3,353,800 SH SOLE 3,353,800 0 0 WELLPOINT HEALTH NETWORK NEW COM 94973H108 298,015 3,830,030 SH SOLE 3,830,030 0 0 WELLS FARGO & CO NEW COM 949746101 334,181 6,675,615 SH SOLE 6,675,615 0 0 WESTWOOD ONE INC COM 961815107 87,571 2,620,330 SH SOLE 2,620,330 0 0 WHIRLPOOL CORP COM 963320106 4,466 68,330 SH SOLE 68,330 0 0 WHOLE FOODS MKT INC COM 966837106 100,594 2,086,145 SH SOLE 2,086,145 0 0 WILLIS GROUP HOLDINGS LTD SHS G96655108 104,578 3,177,710 SH SOLE 3,177,710 0 0 WINNEBAGO INDS INC COM 974637100 12,164 276,465 SH SOLE 276,465 0 0 WRIGHT MED GROUP INC COM 98235T107 8,274 410,400 SH SOLE 410,400 0 0 WYETH COM 983024100 626,441 12,235,171 SH SOLE 12,235,171 0 0 XILINX INC COM 983919101 161,675 7,207,985 SH SOLE 7,207,985 0 0 XL CAP LTD CL A G98255105 742,080 8,761,280 SH SOLE 8,761,280 0 0 YUM BRANDS INC WHEN ISSUED 988498101 54,270 1,855,390 SH SOLE 1,855,390 0 0 ZIMMER HLDGS INC COM 98956P102 40,439 1,134,015 SH SOLE 1,134,015 0 0 Report Total 88,031,716