<DOCUMENT>
<TYPE>13F-HR
<SEQUENCE>1
<FILENAME>valu4q01.txt
<DESCRIPTION>VALUE LINE
<TEXT>
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549

                                    Form 13F

                              Form 13F COVER PAGE

Report for the Calendar Year or Quarter Ended: 12/31/2001

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:    Value Line Inc
Address: 220 East 42nd Street

         New York, NY  10017

13F File Number:  28-00401

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:      David Henigson
Title:     Vice President
Phone:     212-907-1600

Signature, Place, and Date of Signing:

     /s/ David Henigson     New York, NY     January 14, 2002


Report Type (Check only one.):

[ X]         13F HOLDINGS REPORT.

[  ]         13F NOTICE.

[  ]         13F COMBINATION REPORT.


List of Other Managers Reporting for this Manager:



I AM SIGNING THIS REPORT AS REQUIRED BY THE THE SECURITIES EXCHANGE
ACT OF 1934.
<PAGE>

                              FORM 13F SUMMARY PAGE


Report Summary:

Number of Other Included Managers:         0

Form13F Information Table Entry Total:     743

Form13F Information Table Value Total:     $3,965,603 thousands


List of Other Included Managers:

List of Other Managers Reporting for this Manager:

Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional managers with respect to which this report is filled, other
than the manager filing this report.

NONE


<PAGE>



<TABLE>                     <C>                 <C>
                                                     FORM 13F INFORMATION TABLE
                            TITLE
                            OF                               VALUE  SHARES/ SH/ PUT/ INVSTMT OTHER             VOTING AUTHORITY
NAME OF ISSUER              CLASS               CUSIP     (x$1000)  PRN AMT PRN CALL DSCRETN MANAGERS         SOLE   SHARED     NONE
------------------------------------------------------------------------------------------------------------------------------------
3COM CORP                   COMMON              885535104      427    67000 SH       DEFINED                     0    67000        0
99 CENTS ONLY STORES        COMMON              65440K106     1698    44399 SH       DEFINED                     0    44399        0
AAON INC                    COM PAR $0.004      000360206      217     8850 SH       DEFINED                     0     8850        0
ABBOTT LABS                 COMMON              002824100     6099   109400 SH       DEFINED                     0   109000      400
ABERCROMBIE & FITCH CO      CL A                002896207    16467   620700 SH       DEFINED                     0   620700        0
ABM INDS INC                COMMON              000957100      442    14100 SH       DEFINED                     0    14100        0
ACCEPTANCE INS COS INC      COMMON              004308102       76    15000 SH       DEFINED                     0    15000        0
ACCREDO HEALTH INC          COMMON              00437V104      953    24000 SH       DEFINED                     0    24000        0
ACE LTD                     ORD                 G0070K103      241     6000 SH       DEFINED                     0     6000        0
ACTIVISION INC NEW          COM NEW             004930202     2314    88950 SH       DEFINED                     0    88950        0
ACTUANT CORP                CL A NEW            00508X203      238     7080 SH       DEFINED                     0     7080        0
ADAC LABS                   COM NEW             005313200      312    17000 SH       DEFINED                     0    17000        0
ADOBE SYS INC               COMMON              00724F101     8781   282800 SH       DEFINED                     0   282800        0
ADVANCED ENERGY INDS        COMMON              007973100     1127    42300 SH       DEFINED                     0    42300        0
ADVANCEPCS                  COMMON              00790K109     4661   158800 SH       DEFINED                     0   158800        0
ADVENT SOFTWARE INC         COMMON              007974108     1459    29200 SH       DEFINED                     0    29200        0
AEROFLEX INC                COMMON              007768104     1117    59000 SH       DEFINED                     0    59000        0
AES CORP                    COMMON              00130H105     6409   392000 SH       DEFINED                     0   120000   272000
AES CORP                    SDCV  4.500  8/1    00130HAN5     1307  1500000 PRN      DEFINED                     0  1500000        0
AFFILIATED COMPUTER SERV    CL A                008190100    11144   105000 SH       DEFINED                     0   105000        0
AFFILIATED COMPUTER SERV    NOTE  3.500  2/1    008190AF7      694   500000 PRN      DEFINED                     0   500000        0
AFFYMETRIX INC              NOTE  5.000 10/0    00826TAA6      228   250000 PRN      DEFINED                     0   250000        0
AGCO CORP                   COMMON              001084102     1120    71000 SH       DEFINED                     0    71000        0
AGL RES INC                 COMMON              001204106      576    25000 SH       DEFINED                     0    25000        0
AIRBORNE INC                COMMON              009269101      519    35000 SH       DEFINED                     0        0    35000
AIRGAS INC                  COMMON              009363102      650    43000 SH       DEFINED                     0    43000        0
AKAMAI TECHNOLOGIES INC     NOTE  5.500  7/0    00971TAA9      489  1000000 PRN      DEFINED                     0  1000000        0
ALBERTSONS INC              COMMON              013104104     1417    45000 SH       DEFINED                     0    45000        0
ALCOA INC                   COMMON              013817101     8728   245500 SH       DEFINED                     0   245500        0
ALLEGHENY ENERGY INC        COMMON              017361106     3669   101300 SH       DEFINED                     0   101300        0
ALLERGAN INC                COMMON              018490102    16061   214000 SH       DEFINED                     0   214000        0
ALLIANCE GAMING CORP        COM NEW             01859P609      235     8000 SH       DEFINED                     0     8000        0
ALLIANT ENERGY CORP         COMMON              018802108      273     9000 SH       DEFINED                     0     9000        0
ALLIANT TECHSYSTEMS INC     COMMON              018804104     3399    44025 SH       DEFINED                     0    44025        0
ALLIED WASTE INDS INC       COM PAR$.01NEW      019589308      830    59000 SH       DEFINED                     0        0    59000
ALLSTATE CORP               COMMON              020002101     2494    74000 SH       DEFINED                     0        0    74000
ALPHARMA INC                CL A                020813101      291    11000 SH       DEFINED                     0    11000        0
ALZA CORP                   SDCV  0.    07/2    02261WAA7     2475  3000000 PRN      DEFINED                     0  3000000        0
AMC ENTMT INC               COMMON              001669100      120    10000 SH       DEFINED                     0    10000        0
AMERICAN EAGLE OUTFITTER    COMMON              02553E106    16089   614800 SH       DEFINED                     0   614100      700
AMERICAN EXPRESS CO         COMMON              025816109     3212    90000 SH       DEFINED                     0    90000        0
AMERICAN FREIGHTWAYS COR    COMMON              02629V108     1070    37300 SH       DEFINED                     0    37300        0
AMERICAN GREETINGS CORP     NOTE  7.000  7/1    026375AH8      308   250000 PRN      DEFINED                     0   250000        0
AMERICAN HEALTHWAYS INC     COMMON              02649V104      966    30250 SH       DEFINED                     0    30250        0
AMERICAN INTL GROUP INC     COMMON              026874107    95549  1203393 SH       DEFINED                     0   920346   283047
AMERICAN STD COS INC DEL    COMMON              029712106     6414    94000 SH       DEFINED                     0    94000        0
AMERIPATH INC               COMMON              03071D109     1368    42400 SH       DEFINED                     0    42400        0
AMERISOURCE HEALTH CORP     NOTE  5.000 12/0    03071PAB8      702   500000 PRN      DEFINED                     0   500000        0
AMERISOURCEBERGEN CORP      COMMON              03073E105     5815    91500 SH       DEFINED                     0    91500        0
AMERISTAR CASINOS INC       COMMON              03070Q101      804    32100 SH       DEFINED                     0    32100        0
AMGEN INC                   COMMON              031162100    28480   504600 SH       DEFINED                     0   504600        0
ANADARKO                    SDCV  0.    03/2    032511AP2      711  1000000 PRN      DEFINED                     0  1000000        0
ANDRX GROUP                 COMMON              034553107     4365    62000 SH       DEFINED                     0    62000        0
ANHEUSER BUSCH COS INC      COMMON              035229103      904    20000 SH       DEFINED                     0    20000        0
ANIXTER INTL INC            COMMON              035290105      566    19500 SH       DEFINED                     0    19500        0
ANNTAYLOR STORES CORP       COMMON              036115103    14781   422300 SH       DEFINED                     0   422300        0
ANNTAYLOR STORES CORP       SDCV   .550  6/1    036115AA1      584  1000000 PRN      DEFINED                     0  1000000        0
ANSYS INC                   COMMON              03662Q105      961    39000 SH       DEFINED                     0    39000        0
AOL TIME WARNER INC         COMMON              00184A105    50996  1588650 SH       DEFINED                     0  1226850   361800
APOGEE ENTERPRISES INC      COMMON              037598109      617    39000 SH       DEFINED                     0    39000        0
APOLLO GROUP INC            CL A                037604105     6394   142050 SH       DEFINED                     0   142050        0
APTARGROUP INC              COMMON              038336103      245     7000 SH       DEFINED                     0     7000        0
APW LTD                     COMMON              G04397108       42    25400 SH       DEFINED                     0    25400        0
ARGOSY GAMING CO            COMMON              040228108     2406    74000 SH       DEFINED                     0    74000        0
ARQULE INC                  COMMON              04269E107      493    29000 SH       DEFINED                     0    29000        0
ARROW ELECTRONICS           SDCV  0.    01/2    042735AY6      518  1100000 PRN      DEFINED                     0  1100000        0
ARVINMERITOR INC            COMMON              043353101     1021    52000 SH       DEFINED                     0    52000        0
ASM LITHOGRAPHY             SDCV  5.750 10/2    00208PAA2      298   250000 PRN      DEFINED                     0   250000        0
ASM LITHOGRAPHY HOLDING     NOTE  4.250 11/3    00207EAB6      424   500000 PRN      DEFINED                     0   500000        0
AT HOME CORP                NOTE  4.750 12/1    045919AD9       80   500000 PRN      DEFINED                     0   500000        0
ATI TECHNOLOGIES INC        COMMON              001941103      381    30000 SH       DEFINED                     0    30000        0
AUTOZONE INC                COMMON              053332102     4882    68000 SH       DEFINED                     0    68000        0
AVIALL INC NEW              COMMON              05366B102       76    10000 SH       DEFINED                     0    10000        0
AVOCENT CORP                COMMON              053893103      584    24086 SH       DEFINED                     0    24086        0
AXCELIS TECHNOLOGIES INC    COMMON              054540109     1083    84000 SH       DEFINED                     0    84000        0
BAKER HUGHES INC            COMMON              057224107     5471   150000 SH       DEFINED                     0   150000        0
BANK OF AMERICA CORP        COMMON              060505104     2493    39606 SH       DEFINED                     0        0    39606
BANKBOSTON CORP             COMMON              06605R106     2429    56000 SH       DEFINED                     0        0    56000
BANKNORTH GROUP INC NEW     COMMON              06646R107     3333   148000 SH       DEFINED                     0   148000        0
BARR LABS INC               COMMON              068306109     2846    35867 SH       DEFINED                     0    35867        0
BB&T CORP                   COMMON              054937107    14762   408800 SH       DEFINED                     0   408800        0
BCE INC                     COMMON              05534B109      912    40000 SH       DEFINED                     0    40000        0
BEA SYS INC                 NOTE  4.000 12/1    073325AC6      423   500000 PRN      DEFINED                     0   500000        0
BECKMAN COULTER INC         COMMON              075811109     3367    76000 SH       DEFINED                     0    76000        0
BED BATH & BEYOND INC       COMMON              075896100    58054  1712500 SH       DEFINED                     0  1488400   224100
BELL ATLANTIC (EURO)        ISN# XS008990930    07785GAC4     1990  2000000 PRN      DEFINED                     0  2000000        0
BERKLEY W R CORP            COMMON              084423102     1343    25000 SH       DEFINED                     0    25000        0
BEST BUY INC                COMMON              086516101    16386   220000 SH       DEFINED                     0   219600      400
BEVERLY ENTERPRISES INC     COM NEW             087851309      955   111000 SH       DEFINED                     0   111000        0
BIOGEN INC                  COMMON              090597105    11894   207400 SH       DEFINED                     0   206800      600
BIOMET INC                  COMMON              090613100    26546   859100 SH       DEFINED                     0   858050     1050
BIOVAIL CORP                COMMON              09067J109    26708   474800 SH       DEFINED                     0   474300      500
BISYS GROUP INC             NOTE  4.000  3/1    055472AA2      292   250000 PRN      DEFINED                     0   250000        0
BISYS GROUP INC             COMMON              055472104     8466   132300 SH       DEFINED                     0   132300        0
BJ SVCS CO                  COMMON              055482103    14693   452800 SH       DEFINED                     0   452800        0
BJS WHOLESALE CLUB INC      COMMON              05548J106    14796   335500 SH       DEFINED                     0   334800      700
BLACK BOX CORP DEL          COMMON              091826107      952    18000 SH       DEFINED                     0    18000        0
BLOCK H & R INC             COMMON              093671105    10817   242000 SH       DEFINED                     0   242000        0
BLOCKBUSTER INC             CL A                093679108     3402   135000 SH       DEFINED                     0   135000        0
BMC INDS INC MINN           COMMON              055607105       27    13000 SH       DEFINED                     0    13000        0
BMC SOFTWARE INC            COMMON              055921100     4993   305000 SH       DEFINED                     0   100000   205000
BOISE CASCADE               CV PFD $7.500       097383855      545    10000 SH       DEFINED                     0    10000        0
BORDERS GROUP INC           COMMON              099709107      932    47000 SH       DEFINED                     0    47000        0
BORLAND SOFTWARE CORP       COMMON              099849101     1425    91000 SH       DEFINED                     0    91000        0
BRADLEY PHARMACEUTICALS     COMMON              104576103      291    14000 SH       DEFINED                     0    14000        0
BRINKER INTL INC            COMMON              109641100     8763   294450 SH       DEFINED                     0   294450        0
BRISTOL MYERS SQUIBB CO     COMMON              110122108     3636    71300 SH       DEFINED                     0    71300        0
BROADVISION INC             COMMON              111412102      130    47450 SH       DEFINED                     0    47450        0
BROWN TOM INC               COM NEW             115660201      953    35300 SH       DEFINED                     0    35300        0
BURR BROWN CORP             NOTE  4.250  2/1    122574AD8      265   250000 PRN      DEFINED                     0   250000        0
CABLEVISION SYS CORP        CL A NY CABLVS      12686C109     3796    80000 SH       DEFINED                     0        0    80000
CACI INTL INC               CL A                127190304      221     5600 SH       DEFINED                     0     5600        0
CANADIAN NATL RY CO         COMMON              136375102      772    16000 SH       DEFINED                     0    16000        0
CANADIAN PAC LTD NEW        COMMON              135923100     2519    81250 SH       DEFINED                     0    81250        0
CAPITAL ONE FINL CORP       COMMON              14040H105    23371   433200 SH       DEFINED                     0   351200    82000
CARDIAC SCIENCE INC         COM NEW             141410209       67    15000 SH       DEFINED                     0    15000        0
CARDINAL HEALTH INC         COMMON              14149Y108    32075   496055 SH       DEFINED                     0   405455    90600
CAREER EDUCATION CORP       COMMON              141665109     2948    86000 SH       DEFINED                     0    86000        0
CAREMARK RX INC             COMMON              141705103     2871   176000 SH       DEFINED                     0   176000        0
CARNIVAL CORP               COMMON              143658102     2471    88000 SH       DEFINED                     0        0    88000
CATHAY BANCORP INC          COMMON              149150104      557     8700 SH       DEFINED                     0     8700        0
CBRL GROUP INC              COMMON              12489V106     3503   119000 SH       DEFINED                     0   119000        0
CELL GENESYS INC            COMMON              150921104     1185    51000 SH       DEFINED                     0    51000        0
CENDANT CORP                COMMON              151313103     5942   303000 SH       DEFINED                     0   303000        0
CENDANT CORP                DEBT         2/1    151313AF0      501   700000 PRN      DEFINED                     0   700000        0
CENTEX CORP                 COMMON              152312104     5709   100000 SH       DEFINED                     0   100000        0
CEPHALON INC                COMMON              156708109     3439    45500 SH       DEFINED                     0    45500        0
CERNER CORP                 COMMON              156782104     6441   129000 SH       DEFINED                     0   129000        0
CHARMING SHOPPES INC        NOTE  7.500  7/1    161133AA1      489   500000 PRN      DEFINED                     0   500000        0
CHARTER ONE FINL INC        COMMON              160903100     5587   205800 SH       DEFINED                     0   205800        0
CHATTEM INC                 COMMON              162456107      269    14000 SH       DEFINED                     0    14000        0
CHEESECAKE FACTORY INC      COMMON              163072101    13247   381000 SH       DEFINED                     0   381000        0
CHELSEA PPTY GROUP INC      COMMON              163421100      894    18200 SH       DEFINED                     0    18200        0
CHEVRONTEXACO CORP          COMMON              166764100     1344    15000 SH       DEFINED                     0    15000        0
CHICOS FAS INC              COMMON              168615102     4327   109000 SH       DEFINED                     0   109000        0
CHOICEPOINT INC             COMMON              170388102     1141    22500 SH       DEFINED                     0    22500        0
CHORDIANT SOFTWARE INC      COMMON              170404107      142    18000 SH       DEFINED                     0    18000        0
CHRISTOPHER & BANKS CORP    COMMON              171046105     2070    60450 SH       DEFINED                     0    60450        0
CIENA CORP                  NOTE  3.750  2/0    171779AA9      480   750000 PRN      DEFINED                     0   750000        0
CIRCUIT CITY STORE INC      CIRCT CITY GRP      172737108      571    22000 SH       DEFINED                     0    22000        0
CIRCUIT CITY STORE INC      CARMAX GROUP        172737306     1933    85000 SH       DEFINED                     0    85000        0
CISCO SYS INC               COMMON              17275R102    18001   994000 SH       DEFINED                     0   280000   714000
CITIGROUP INC               COMMON              172967101   122279  2422332 SH       DEFINED                     0  2064332   358000
CITY NATL CORP              COMMON              178566105     1757    37500 SH       DEFINED                     0    37500        0
CKE RESTAURANTS INC         COMMON              12561E105      353    39000 SH       DEFINED                     0    39000        0
CLARUS CORP                 COMMON              182707109      137    22000 SH       DEFINED                     0    22000        0
CLEAR CHANNEL COMMUNICAT    NOTE  2.625  4/0    184502AB8      509   500000 PRN      DEFINED                     0   500000        0
CLEAR CHANNEL COMMUNICAT    COMMON              184502102    11607   228000 SH       DEFINED                     0    70000   158000
CLOROX CO DEL               COMMON              189054109     2848    72000 SH       DEFINED                     0    72000        0
CNF INC                     COMMON              12612W104     1510    45000 SH       DEFINED                     0    45000        0
COACH INC                   COMMON              189754104      253     6500 SH       DEFINED                     0     6500        0
COGNOS INC                  COMMON              19244C109      425    17000 SH       DEFINED                     0    17000        0
COLE KENNETH PRODTNS INC    CL A                193294105      427    24150 SH       DEFINED                     0    24150        0
COLGATE PALMOLIVE CO        COMMON              194162103    19023   329400 SH       DEFINED                     0   328200     1200
COLONIAL BANCGROUP INC      COMMON              195493309      268    19000 SH       DEFINED                     0    19000        0
COMMERCE BANCORP INC NJ     COMMON              200519106    11275   286600 SH       DEFINED                     0   285600     1000
COMMUNITY HEALTH SYS INC    NOTE  4.250 10/1    203668AA6      249   250000 PRN      DEFINED                     0   250000        0
COMPAQ COMPUTER CORP        COMMON              204493100     1659   170000 SH       DEFINED                     0    80000    90000
COMPASS BANCSHARES INC      COMMON              20449H109     1472    52000 SH       DEFINED                     0    52000        0
COMPUTER ASSOC INTL INC     COMMON              204912109     4139   120000 SH       DEFINED                     0    75000    45000
CONCORD EFS INC             COMMON              206197105    16285   496800 SH       DEFINED                     0   496800        0
CONEXANT SYSTEMS INC        COMMON              207142100      574    40000 SH       DEFINED                     0    40000        0
CONMED CORP                 COMMON              207410101      536    26850 SH       DEFINED                     0    26850        0
CONSOL ENERGY INC           COMMON              20854P109      373    15000 SH       DEFINED                     0    15000        0
CONSTELLATION BRANDS INC    CL A                21036P108     9461   220800 SH       DEFINED                     0   220300      500
COOPER COS INC              COM NEW             216648402      900    18000 SH       DEFINED                     0    18000        0
COORS ADOLPH CO             CL B                217016104      534    10000 SH       DEFINED                     0    10000        0
COPART INC                  COMMON              217204106     4866   133800 SH       DEFINED                     0   133800        0
CORILLIAN CORP              COMMON              218725109       62    13000 SH       DEFINED                     0    13000        0
CORINTHIAN COLLEGES INC     COMMON              218868107     1243    30400 SH       DEFINED                     0    30400        0
CORNING INC                 DBCV        11/0    219350AJ4     1035  2000000 PRN      DEFINED                     0  2000000        0
CORSAIR COMMUNICATIONS I    COMMON              220406102      323    42000 SH       DEFINED                     0    42000        0
COST PLUS INC CALIF         COMMON              221485105      868    32750 SH       DEFINED                     0    32750        0
COSTCO WHSL CORP NEW        COMMON              22160K105    30458   686300 SH       DEFINED                     0   684600     1700
COVANCE INC                 COMMON              222816100     1371    60400 SH       DEFINED                     0    60400        0
COX COMMUNICATIONS          SDCV  0.350 02/2    224044BA4      496   700000 PRN      DEFINED                     0   700000        0
CSX CORP                    COMMON              126408103    11093   316500 SH       DEFINED                     0   316000      500
CV THERAPEUTICS INC         COMMON              126667104     3610    69400 SH       DEFINED                     0    69400        0
CYPRESS SEMICONDUCTOR CO    COMMON              232806109      464    23300 SH       DEFINED                     0    23300        0
CYTYC CORP                  COMMON              232946103     5116   196000 SH       DEFINED                     0   196000        0
DAL-TILE INTL INC           COMMON              23426R108     6942   298600 SH       DEFINED                     0   298600        0
DARDEN RESTAURANTS INC      COMMON              237194105     6999   197700 SH       DEFINED                     0   197700        0
DAVITA INC                  COMMON              23918K108     1736    71000 SH       DEFINED                     0    71000        0
DEAN FOODS CO NEW           COMMON              242370104      423     6200 SH       DEFINED                     0     6200        0
DELL COMPUTER CORP          COMMON              247025109     9459   348000 SH       DEFINED                     0   200000   148000
DELPHI AUTOMOTIVE SYS CO    COMMON              247126105      137    10000 SH       DEFINED                     0    10000        0
DENDREON CORP               COMMON              24823Q107      111    11000 SH       DEFINED                     0    11000        0
DENDRITE INTL INC           COMMON              248239105      253    18000 SH       DEFINED                     0    18000        0
DENTSPLY INTL INC NEW       COMMON              249030107     2209    44000 SH       DEFINED                     0    44000        0
DIAGNOSTIC PRODS CORP       COMMON              252450101      703    16000 SH       DEFINED                     0    16000        0
DIAL CORP NEW               COMMON              25247D101     1286    75000 SH       DEFINED                     0    75000        0
DIANON SYS INC              COMMON              252826102      760    12500 SH       DEFINED                     0    12500        0
DIGITAL RIV INC             COMMON              25388B104      685    43000 SH       DEFINED                     0    43000        0
DIME BANCORP INC NEW        COMMON              25429Q102     6816   188900 SH       DEFINED                     0   187000     1900
DIRECT FOCUS INC            COMMON              254931108     1615    51750 SH       DEFINED                     0    51750        0
DJ ORTHOPEDICS INC          COMMON              23325G104     1330   100000 SH       DEFINED                     0   100000        0
DOLLAR GEN CORP             COMMON              256669102     2270   152343 SH       DEFINED                     0        0   152343
DOMINION RESOURCES          CV PFD $9.500       25746U208      299     5000 SH       DEFINED                     0     5000        0
DONALDSON INC               COMMON              257651109      633    16300 SH       DEFINED                     0    16300        0
DORAL FINL CORP             COMMON              25811P100      375    12000 SH       DEFINED                     0    12000        0
DOUBLECLICK INC             NOTE  4.750  3/1    258609AA4      399   500000 PRN      DEFINED                     0   500000        0
DR REDDYS LABS LTD          DEPOSITORY RECEI    256135203      417    22000 SH       DEFINED                     0    22000        0
DRS TECHNOLOGIES INC        COMMON              23330X100      916    25700 SH       DEFINED                     0    25700        0
DST SYS INC DEL             COMMON              233326107     3390    68000 SH       DEFINED                     0    68000        0
DUANE READE INC             COMMON              263578106      516    17000 SH       DEFINED                     0    17000        0
DUKE ENERGY CORP            COMMON              264399106     5496   140000 SH       DEFINED                     0   140000        0
DUPONT PHOTOMASKS INC       COMMON              26613X101      999    23000 SH       DEFINED                     0    23000        0
DYCOM INDS INC              COMMON              267475101     1157    69225 SH       DEFINED                     0    69225        0
E M C CORP MASS             COMMON              268648102    15375  1144000 SH       DEFINED                     0   440000   704000
E TRADE GROUP INC           NOTE  6.000  2/0    269246AB0      814  1000000 PRN      DEFINED                     0  1000000        0
E TRADE GROUP INC           COMMON              269246104      646    63000 SH       DEFINED                     0    63000        0
EASTMAN KODAK CO            COMMON              277461109     1059    36000 SH       DEFINED                     0    36000        0
ECHOSTAR COMMUNICATIONS     CL A                278762109     5939   216200 SH       DEFINED                     0   216200        0
ECHOSTAR COMMUNICATIONS     NOTE  4.875  1/0    278762AB5      886  1000000 PRN      DEFINED                     0  1000000        0
EDUCATION MGMT CORP         COMMON              28139T101    20489   565200 SH       DEFINED                     0   563100     2100
EGL INC                     COMMON              268484102      598    42850 SH       DEFINED                     0    42850        0
EL PASO                     SDCV  0.    02/2    28336LAA7      813  2000000 PRN      DEFINED                     0  2000000        0
EL PASO CORP                COMMON              28336L109    10332   231600 SH       DEFINED                     0   231600        0
ELAN PLC                    DEPOSITORY RECEI    284131208     2005    44500 SH       DEFINED                     0    44500        0
ELCOR CORP                  COMMON              284443108      792    28500 SH       DEFINED                     0    28500        0
ELECTROGLAS INC             COMMON              285324109      148    10000 SH       DEFINED                     0    10000        0
ELECTRONIC ARTS INC         COMMON              285512109     9472   158000 SH       DEFINED                     0   158000        0
ELECTRONIC DATA SYS NEW     COMMON              285661104    11654   170000 SH       DEFINED                     0   170000        0
ELECTRONICS BOUTIQUE HLD    COMMON              286045109      487    12200 SH       DEFINED                     0    12200        0
ELOYALTY CORP               COM NEW             290151307      203    38200 SH       DEFINED                     0    38200        0
EMCOR GROUP INC             COMMON              29084Q100     1317    29000 SH       DEFINED                     0    29000        0
ENGINEERED SUPPORT SYS I    COMMON              292866100      860    25125 SH       DEFINED                     0    25125        0
ENTRUST INC                 COMMON              293848107      510    50000 SH       DEFINED                     0    50000        0
EQUIFAX INC                 COMMON              294429105      435    18000 SH       DEFINED                     0    18000        0
ETHAN ALLEN INTERIORS IN    COMMON              297602104     4032    96950 SH       DEFINED                     0    36950    60000
EUNIVERSE INC               COMMON              298412107       60    11000 SH       DEFINED                     0    11000        0
EVEREST RE GROUP LTD        COMMON              G3223R108     7848   111000 SH       DEFINED                     0   111000        0
EXPRESS SCRIPTS             SDCV  7.000 11/1    302181201      450     5000 PRN      DEFINED                     0     5000        0
EXPRESS SCRIPTS INC         COMMON              302182100     3086    66000 SH       DEFINED                     0    66000        0
EXXON MOBIL CORP            COMMON              30231G102     1179    30000 SH       DEFINED                     0    30000        0
FACTSET RESH SYS INC        COMMON              303075105     1782    51000 SH       DEFINED                     0    51000        0
FAIR ISAAC & CO INC         COMMON              303250104     4758    75500 SH       DEFINED                     0    75500        0
FAMILY DLR STORES INC       COMMON              307000109     2659    88700 SH       DEFINED                     0    86000     2700
FEDERAL HOME LN MTG CORP    COMMON              313400301    37455   572700 SH       DEFINED                     0   496500    76200
FEDERAL MOGUL CORP          COMMON              313549107       20    25000 SH       DEFINED                     0        0    25000
FEDERAL NATL MTG ASSN       COMMON              313586109    44409   558600 SH       DEFINED                     0   507400    51200
FEDEX CORP                  COMMON              31428X106     1764    34000 SH       DEFINED                     0    34000        0
FEI CO                      COMMON              30241L109      378    12000 SH       DEFINED                     0    12000        0
FIDELITY NATL FINL INC      COMMON              316326107     1587    64000 SH       DEFINED                     0    64000        0
FIFTH THIRD BANCORP         COMMON              316773100    64508  1051822 SH       DEFINED                     0   972722    79100
FINANCIAL FED CORP          COMMON              317492106     1094    35000 SH       DEFINED                     0    35000        0
FINOVA GROUP INC            COMMON              317928109       64   105200 SH       DEFINED                     0    46200    59000
FIRST DATA CORP             COMMON              319963104    11924   152000 SH       DEFINED                     0   152000        0
FIRST HEALTH GROUP CORP     COMMON              320960107     2029    82000 SH       DEFINED                     0    82000        0
FIRST HORIZON PHARMACEUT    COMMON              32051K106      970    33000 SH       DEFINED                     0    33000        0
FIRST MIDWEST BANCORP DE    COMMON              320867104      927    31750 SH       DEFINED                     0    31750        0
FISERV INC                  COMMON              337738108    29867   705737 SH       DEFINED                     0   705737        0
FISHER SCIENTIFIC INTL I    COM NEW             338032204     5951   203800 SH       DEFINED                     0   203800        0
FLAGSTAR BANCORP INC        COMMON              337930101      202    10050 SH       DEFINED                     0    10050        0
FLEMING COS INC             COMMON              339130106     2266   122500 SH       DEFINED                     0   122500        0
FLEMING COS INC             NOTE  5.250  3/1    339130AR7      859  1000000 PRN      DEFINED                     0  1000000        0
FLEXTRONICS INTL LTD        ORD                 Y2573F102    13521   563612 SH       DEFINED                     0   562412     1200
FLIR SYS INC                COMMON              302445101     1149    30300 SH       DEFINED                     0    30300        0
FLOWERS FOODS INC           COMMON              343498101     1078    27000 SH       DEFINED                     0    27000        0
FOOT LOCKER INC             COMMON              344849104     2797   178700 SH       DEFINED                     0   178700        0
FOREST LABS INC             COMMON              345838106    21307   260000 SH       DEFINED                     0   260000        0
FOREST OIL CORP             COM PAR $0.01       346091705     1172    41550 SH       DEFINED                     0    41550        0
FOSTER WHEELER LTD          NOTE  6.500  6/0    35024PAA0      298   500000 PRN      DEFINED                     0   500000        0
FREEMARKETS INC             COMMON              356602102      623    26000 SH       DEFINED                     0    26000        0
FREMONT GEN CORP            COMMON              357288109      141    18000 SH       DEFINED                     0    18000        0
FURNITURE BRANDS INTL IN    COMMON              360921100     1037    32400 SH       DEFINED                     0    32400        0
GALEY & LORD INC            COMMON              36352K103        9    32000 SH       DEFINED                     0    32000        0
GAP INC DEL                 COMMON              364760108     3192   229000 SH       DEFINED                     0    94000   135000
GBC BANCORP CALIF           COMMON              361475106      354    12000 SH       DEFINED                     0    12000        0
GEMSTAR-TV GUIDE INTL IN    COMMON              36866W106     5963   215258 SH       DEFINED                     0   215258        0
GENERAL DYNAMICS CORP       COMMON              369550108    29650   372300 SH       DEFINED                     0   372300        0
GENERAL ELEC CO             COMMON              369604103    88096  2198000 SH       DEFINED                     0  2195800     2200
GENESIS MICROCHIP INC       COMMON              371933102     1481    22400 SH       DEFINED                     0    22400        0
GENUINE PARTS CO            COMMON              372460105      991    27000 SH       DEFINED                     0    27000        0
GENZYME CORP                COM GENL DIV        372917104    29647   495266 SH       DEFINED                     0   494866      400
GENZYME TRANSGENICS CORP    COMMON              37246E105      128    22000 SH       DEFINED                     0    22000        0
GERBER SCIENTIFIC INC       COMMON              373730100      170    18300 SH       DEFINED                     0    18300        0
GETTY IMAGES INC            NOTE  5.000  3/1    374276AD5      411   500000 PRN      DEFINED                     0   500000        0
GILAT SATELLITE NETWORKS    NOTE  4.250  3/1    375255AC0      130   500000 PRN      DEFINED                     0   500000        0
GILEAD SCIENCES INC         COMMON              375558103      789    12000 SH       DEFINED                     0    12000        0
GILLETTE CO                 COMMON              375766102     2138    64000 SH       DEFINED                     0    20000    44000
GLOBAL PMTS INC             COMMON              37940X102      805    23400 SH       DEFINED                     0    23400        0
GOLDEN ST BANCORP INC       COMMON              381197102     4184   160000 SH       DEFINED                     0   160000        0
GOLDEN WEST FINL CORP DE    COMMON              381317106    10340   175700 SH       DEFINED                     0   175400      300
GRANITE CONSTR INC          COMMON              387328107      236     9800 SH       DEFINED                     0     9800        0
GREAT ATLANTIC & PAC TEA    COMMON              390064103      414    17400 SH       DEFINED                     0    17400        0
GREENPOINT FINL CORP        COMMON              395384100     1880    52600 SH       DEFINED                     0    52000      600
GRIFFON CORP                COMMON              398433102      194    12900 SH       DEFINED                     0    12900        0
GROUPE CGI INC              CL A SUB VTG        39945C109      136    18000 SH       DEFINED                     0    18000        0
GST TELECOMMUNICATIONS I    COMMON              361942105        0    17657 SH       DEFINED                     0    17657        0
GUIDANT CORP                COMMON              401698105    14661   294400 SH       DEFINED                     0   180000   114400
HADCO CORP                  COMMON              404681108      539     4800 SH       DEFINED                     0     4800        0
HAIN CELESTIAL GROUP INC    COMMON              405217100     1126    41000 SH       DEFINED                     0    41000        0
HALLIBURTON CO              COMMON              406216101     1310   100000 SH       DEFINED                     0        0   100000
HANDLEMAN CO DEL            COMMON              410252100     1589   107000 SH       DEFINED                     0   107000        0
HANDSPRING INC              COMMON              410293104      391    58000 SH       DEFINED                     0    58000        0
HARLEY DAVIDSON INC         COMMON              412822108    74671  1374900 SH       DEFINED                     0  1373600     1300
HARMAN INTL INDS INC        COMMON              413086109     2954    65500 SH       DEFINED                     0    65500        0
HARSCO CORP                 COMMON              415864107      943    27500 SH       DEFINED                     0    27500        0
HARTFORD FINL SVCS GROUP    COMMON              416515104     8143   129600 SH       DEFINED                     0   129600        0
HAVERTY FURNITURE INC       COMMON              419596101      775    46800 SH       DEFINED                     0    46800        0
HCA INC                     COMMON              404119109    30196   783500 SH       DEFINED                     0   783500        0
HCC INS HLDGS INC           COMMON              404132102     1146    41600 SH       DEFINED                     0    41600        0
HEALTH MANGEMENT            SDCV  0.250 08/1    421933AA0      594   900000 PRN      DEFINED                     0   900000        0
HEALTH MGMT ASSOC INC NE    CL A                421933102     7119   386900 SH       DEFINED                     0   220400   166500
HELEN OF TROY CORP LTD      COMMON              G4388N106      163    13100 SH       DEFINED                     0    13100        0
HENRY JACK & ASSOC INC      COMMON              426281101     3066   140400 SH       DEFINED                     0   140400        0
HERSHEY FOODS CORP          COMMON              427866108     3047    45000 SH       DEFINED                     0    45000        0
HIBERNIA CORP               CL A                428656102     1548    87000 SH       DEFINED                     0    87000        0
HILLENBRAND INDS INC        COMMON              431573104     6301   114000 SH       DEFINED                     0   114000        0
HILTON HOTELS CORP          NOTE  5.000  5/1    432848AL3      885  1000000 PRN      DEFINED                     0  1000000        0
HOLLYWOOD ENTMT CORP        COMMON              436141105      186    13000 SH       DEFINED                     0    13000        0
HOLOGIC INC                 COMMON              436440101       98    10500 SH       DEFINED                     0    10500        0
HOME DEPOT INC              COMMON              437076102    42277   828803 SH       DEFINED                     0   692303   136500
HON INDS INC                COMMON              438092108      995    36000 SH       DEFINED                     0        0    36000
HONEYWELL INTL INC          COMMON              438516106     1319    39000 SH       DEFINED                     0    39000        0
HOOPER HOLMES INC           COMMON              439104100     1137   127000 SH       DEFINED                     0   127000        0
HOT TOPIC INC               COMMON              441339108      942    30000 SH       DEFINED                     0    30000        0
HOUSEHOLD INTL INC          COMMON              441815107    18106   312500 SH       DEFINED                     0   312500        0
HUGHES SUPPLY INC           COMMON              444482103      787    25500 SH       DEFINED                     0    25500        0
HUMAN GENOME SCIENCES IN    NOTE  3.750  3/1    444903AG3      376   500000 PRN      DEFINED                     0   500000        0
I2 TECHNOLOGIES INC         NOTE  5.250 12/1    465754AD1      369   500000 PRN      DEFINED                     0   500000        0
ICOS CORP                   COMMON              449295104     1091    19000 SH       DEFINED                     0    19000        0
IDEC PHARMACEUTICALS COR    COMMON              449370105     7417   107600 SH       DEFINED                     0   107400      200
IMCLONE SYS INC             COMMON              45245W109      558    12020 SH       DEFINED                     0    12020        0
IMMUCOR INC                 COMMON              452526106      144    12000 SH       DEFINED                     0    12000        0
IMMUNEX CORP NEW            COMMON              452528102    13971   504200 SH       DEFINED                     0   504200        0
IMPAC MTG HLDGS INC         COMMON              45254P102      145    17000 SH       DEFINED                     0    17000        0
IMPLANT SCIENCES CORP       COMMON              45320R108      146    10400 SH       DEFINED                     0    10400        0
INAMED CORP                 COMMON              453235103      767    25500 SH       DEFINED                     0    25500        0
INCYTE GENOMICS INC         NOTE  5.500  2/0    45337CAC6      764  1000000 PRN      DEFINED                     0  1000000        0
INCYTE GENOMICS INC         COMMON              45337C102      746    38400 SH       DEFINED                     0    38400        0
INDEPENDENCE CMNTY BK CO    COMMON              453414104      990    43500 SH       DEFINED                     0    43500        0
INFOCUS CORP                COMMON              45665B106      506    23000 SH       DEFINED                     0    23000        0
INGERSOLL-RAND COMPANY L    CL A                G4776G101     3010    72000 SH       DEFINED                     0    72000        0
INHALE THERAPEUTIC SYS I    NOTE  3.500 10/1    457191AH7      643  1000000 PRN      DEFINED                     0  1000000        0
INKTOMI CORP                COMMON              457277101      658    98000 SH       DEFINED                     0    98000        0
INTEGRA LIFESCIENCES HLD    COM NEW             457985208      790    30000 SH       DEFINED                     0    30000        0
INTEGRATED ELECTRICAL SV    COMMON              45811E103       64    12500 SH       DEFINED                     0    12500        0
INTEL CORP                  COMMON              458140100    17532   557462 SH       DEFINED                     0   121462   436000
INTER TEL INC               COMMON              458372109      711    37000 SH       DEFINED                     0    37000        0
INTERMAGNETICS GEN CORP     COMMON              458771102      722    27872 SH       DEFINED                     0    27872        0
INTERMUNE INC               COMMON              45884X103     1133    23000 SH       DEFINED                     0    23000        0
INTERMUNE INC               NOTE  5.750  7/1    45884XAA1      371   250000 PRN      DEFINED                     0   250000        0
INTERNATIONAL BUSINESS M    COMMON              459200101    48118   397800 SH       DEFINED                     0   397300      500
INTERNATIONAL FLAVORS&FR    COMMON              459506101    10333   347800 SH       DEFINED                     0   347800        0
INTERNATIONAL GAME TECHN    COMMON              459902102    11604   169900 SH       DEFINED                     0   169900        0
INTERNATIONAL PAPER CAP     PFD CV 5.25%        460137300      913    20000 SH       DEFINED                     0    20000        0
INTERNATIONAL RECTIFIER     NOTE  4.250  7/1    460254AD7      206   250000 PRN      DEFINED                     0   250000        0
INTERNEURON PHARMACEUTIC    COMMON              460573108      488    44000 SH       DEFINED                     0    44000        0
INTL SPECIALTY PRODS INC    COMMON              460337108       90    10000 SH       DEFINED                     0    10000        0
INTRADO INC                 COMMON              46117A100      552    20600 SH       DEFINED                     0    20600        0
INTUIT                      COMMON              461202103     1112    26000 SH       DEFINED                     0    26000        0
INVACARE CORP               COMMON              461203101     1483    44000 SH       DEFINED                     0    44000        0
INVESTMENT TECHNOLOGY GR    COMMON              46145F105     2625    67192 SH       DEFINED                     0    67192        0
INVESTORS FINL SERVICES     COMMON              461915100     1986    30000 SH       DEFINED                     0    30000        0
INVITROGEN CORP             NOTE  5.500  3/0    46185RAA8      499   500000 PRN      DEFINED                     0   500000        0
ISIS PHARMACEUTICALS INC    COMMON              464330109      843    38000 SH       DEFINED                     0    38000        0
ITC DELTACOM INC            NOTE  4.500  5/1    45031TAJ3      119   500000 PRN      DEFINED                     0   500000        0
ITRON INC                   COMMON              465741106     1242    41000 SH       DEFINED                     0    41000        0
ITT INDS INC IND            COMMON              450911102     7535   149200 SH       DEFINED                     0   149200        0
IVAX CORP                   COMMON              465823102     6783   336800 SH       DEFINED                     0   335200     1600
IVAX CORP                   NOTE  4.500  5/1    465823AE2      834  1000000 PRN      DEFINED                     0  1000000        0
IVAX CORP                   NOTE  4.500  5/1    465823AG7      917  1100000 PRN      DEFINED                     0  1100000        0
JACK IN THE BOX INC         COMMON              466367109      909    33000 SH       DEFINED                     0    33000        0
JACOBS ENGR GROUP INC DE    COMMON              469814107     1921    29100 SH       DEFINED                     0    29100        0
JACOR COMMUNUNICATIONS I    FRNT         2/0    469858AB0      985  2000000 PRN      DEFINED                     0  2000000        0
JAKKS PAC INC               COMMON              47012E106      493    26000 SH       DEFINED                     0    26000        0
JDA SOFTWARE GROUP INC      COMMON              46612K108      693    31000 SH       DEFINED                     0    31000        0
JOHNSON & JOHNSON           COMMON              478160104    55576   940367 SH       DEFINED                     0   938167     2200
JOHNSON CTLS INC            COMMON              478366107     5733    71000 SH       DEFINED                     0    71000        0
JONES APPAREL               SDCV  0.    01/0    480081AB4     1020  2000000 PRN      DEFINED                     0  2000000        0
JUNIPER NETWORKS INC        NOTE  4.750  3/1    48203RAA2      723  1000000 PRN      DEFINED                     0  1000000        0
KB HOME                     COMMON              48666K109    10767   268500 SH       DEFINED                     0   267300     1200
KEITH COMPANIES INC         COMMON              487539108      122    12000 SH       DEFINED                     0    12000        0
KERR MCGEE CORP             SDCV  5.250  2/1    492386AP2      557   500000 PRN      DEFINED                     0   500000        0
KING PHARMACEUTICALS INC    COMMON              495582108    24148   573182 SH       DEFINED                     0   568184     4998
KOHLS CORP                  COMMON              500255104    70236   997100 SH       DEFINED                     0   995900     1200
KRAFT FOODS INC             CL A                50075N104      766    22500 SH       DEFINED                     0    22500        0
KRONOS INC                  COMMON              501052104     2085    43100 SH       DEFINED                     0    43100        0
L-3 COMMUNICATIONS HLDGS    NOTE  5.250  6/0    502424AA2     1293  1000000 PRN      DEFINED                     0  1000000        0
L-3 COMMUNICATIONS HLDGS    COMMON              502424104     8685    96500 SH       DEFINED                     0    96500        0
LABORATORY CORP AMER HLD    COM NEW             50540R409    29009   358800 SH       DEFINED                     0   358500      300
LAM RESEARCH CORP           NOTE  4.000  6/0    512807AE8      443   500000 PRN      DEFINED                     0   500000        0
LANDS END INC               COMMON              515086106     1756    35000 SH       DEFINED                     0    35000        0
LANDSTAR SYS INC            COMMON              515098101      943    13000 SH       DEFINED                     0    13000        0
LATTICE SEMICONDUCTOR       CONV BD 144A        518415AA2      595   500000 PRN      DEFINED                     0   500000        0
LATTICE SEMICONDUCTOR CO    COMMON              518415104     1539    74800 SH       DEFINED                     0    74800        0
LEHMAN BROS HLDGS INC       COMMON              524908100     8256   123600 SH       DEFINED                     0   122600     1000
LENNAR                      SDCV  0.    04/0    526057AF1     1075  2800000 PRN      DEFINED                     0  2800000        0
LENNAR CORP                 COMMON              526057104     5853   125000 SH       DEFINED                     0   125000        0
LIFEPOINT HOSPITALS INC     COMMON              53219L109     3404   100000 SH       DEFINED                     0   100000        0
LILLY ELI & CO              COMMON              532457108    12197   155300 SH       DEFINED                     0   155300        0
LINCARE HLDGS INC           COMMON              532791100    11288   394000 SH       DEFINED                     0   234000   160000
LINEAR TECHNOLOGY CORP      COMMON              535678106     1796    46000 SH       DEFINED                     0    46000        0
LINENS N THINGS INC         COMMON              535679104     1517    59500 SH       DEFINED                     0    59500        0
LITTELFUSE INC              COMMON              537008104      656    25000 SH       DEFINED                     0    25000        0
LOEWS CORP                  NOTE  3.125  9/1    540424AL2      853  1000000 PRN      DEFINED                     0  1000000        0
LOMAK PETE INC              SDCV  6.000  2/0    541509AF2      728  1000000 PRN      DEFINED                     0  1000000        0
LONE STAR TECHNOLOGIES I    COMMON              542312103      577    32800 SH       DEFINED                     0    32800        0
LOWES COS INC               COMMON              548661107    48916  1054000 SH       DEFINED                     0  1053400      600
LTX CORP                    COMMON              502392103      963    46000 SH       DEFINED                     0    46000        0
LUCENT TECHNOLOGIES INC     COMMON              549463107      504    80000 SH       DEFINED                     0    80000        0
LUMENIS LTD                 SHS                 M6778Q105      808    41000 SH       DEFINED                     0    41000        0
M & F WORLDWIDE CORP        COMMON              552541104       47    11000 SH       DEFINED                     0    11000        0
M & T BK CORP               COMMON              55261F104     2914    40000 SH       DEFINED                     0    40000        0
MACDERMID INC               COMMON              554273102      292    17200 SH       DEFINED                     0    17200        0
MACROMEDIA INC              COMMON              556100105      427    24000 SH       DEFINED                     0    24000        0
MAGNA INTL INC              CL A                559222401     5103    80400 SH       DEFINED                     0    80400        0
MANITOWOC INC               COMMON              563571108      955    30700 SH       DEFINED                     0    30700        0
MANOR CARE INC NEW          COMMON              564055101     1731    73000 SH       DEFINED                     0    73000        0
MANUGISTICS GROUP INC       NOTE  5.000 11/0    565011AB9      415   500000 PRN      DEFINED                     0   500000        0
MANULIFE FINL CORP          COMMON              56501R106      704    27000 SH       DEFINED                     0    27000        0
MARSH & MCLENNAN COS INC    COMMON              571748102     2686    25000 SH       DEFINED                     0    25000        0
MARSHALL & ILSLEY CORP      COMMON              571834100      570     9000 SH       DEFINED                     0     9000        0
MARVELL TECHNOLOGY GROUP    ORD                 G5876H105      358    10000 SH       DEFINED                     0    10000        0
MASSEY ENERGY CORP          COMMON              576206106      974    47000 SH       DEFINED                     0    47000        0
MASTEC INC                  COMMON              576323109      203    29250 SH       DEFINED                     0    29250        0
MATTEL INC                  COMMON              577081102    18258  1061500 SH       DEFINED                     0  1061500        0
MAXIM INTEGRATED PRODS I    COMMON              57772K101     9032   172000 SH       DEFINED                     0   172000        0
MAY DEPT STORES CO          COMMON              577778103     1072    29000 SH       DEFINED                     0    29000        0
MAYTAG CORP                 COMMON              578592107      807    26000 SH       DEFINED                     0        0    26000
MCAFEE COM CORP             CL A                579062100      237     7000 SH       DEFINED                     0     7000        0
MCDATA CORP                 CL A                580031201     1032    42105 SH       DEFINED                     0    16194    25911
MCKESSON CORP               COMMON              58155Q103     8845   236510 SH       DEFINED                     0   154000    82510
MCSI INC                    COMMON              55270M108      879    37500 SH       DEFINED                     0    37500        0
MEDICIS PHARMACEUTICAL C    CL A NEW            584690309     4227    65450 SH       DEFINED                     0    65450        0
MEDIMMUNE INC               COMMON              584699102    17261   372400 SH       DEFINED                     0   370700     1700
MEDTRONIC INC               COMMON              585055106    52333  1021937 SH       DEFINED                     0   903837   118100
MELLON FINL CORP            COMMON              58551A108     6621   176000 SH       DEFINED                     0   120000    56000
MERCK & CO INC              COMMON              589331107    12936   220000 SH       DEFINED                     0   191000    29000
MERCURY COMPUTER SYS        COMMON              589378108     1056    27000 SH       DEFINED                     0    27000        0
MERCURY GENL CORP NEW       COMMON              589400100      262     6000 SH       DEFINED                     0     6000        0
MERCURY INTERACTIVE CORP    COMMON              589405109     1475    43400 SH       DEFINED                     0    42200     1200
MERCURY INTERACTIVE CORP    NOTE  4.750  7/0    589405AA7      404   500000 PRN      DEFINED                     0   500000        0
METRIS COS INC              COMMON              591598107     1586    61680 SH       DEFINED                     0    61680        0
METRO ONE TELECOMMUNICAT    COMMON              59163F105      439    14500 SH       DEFINED                     0    14500        0
METTLER TOLEDO INTERNATI    COMMON              592688105     2909    56100 SH       DEFINED                     0    56100        0
MGIC INVT CORP WIS          COMMON              552848103    11017   178500 SH       DEFINED                     0   147700    30800
MICHAELS STORES INC         COMMON              594087108     1351    41000 SH       DEFINED                     0    41000        0
MICREL INC                  COMMON              594793101     1889    72000 SH       DEFINED                     0    72000        0
MICROCHIP TECHNOLOGY INC    COMMON              595017104     3778    97525 SH       DEFINED                     0    97525        0
MICROSOFT CORP              COMMON              594918104   101621  1533900 SH       DEFINED                     0  1338500   195400
MICROTUNE INC DEL           COMMON              59514P109     1103    47000 SH       DEFINED                     0    47000        0
MIDLAND CO                  COMMON              597486109      201     4600 SH       DEFINED                     0     4600        0
MIDWAY GAMES INC            COMMON              598148104     1096    73000 SH       DEFINED                     0    73000        0
MILLENNIUM PHARMACEUTICA    NOTE  5.500  1/1    599902AA1      536   600000 PRN      DEFINED                     0   600000        0
MILLENNIUM PHARMACEUTICA    COMMON              599902103     4216   172000 SH       DEFINED                     0   172000        0
MIM CORP                    COMMON              553044108      863    48500 SH       DEFINED                     0    48500        0
MINNESOTA MNG & MFG CO      COMMON              604059105      946     8000 SH       DEFINED                     0     8000        0
MIRANT TR I                 PFD CV SER A        60467Q102      407    10000 SH       DEFINED                     0    10000        0
MITCHELL ENERGY & DEV CO    CL A                606592202     1370    25700 SH       DEFINED                     0    25700        0
MOBILE TELESYSTEMS OJSC     DEPOSITORY RECEI    607409109      250     7000 SH       DEFINED                     0     7000        0
MOHAWK INDS INC             COMMON              608190104     5598   102000 SH       DEFINED                     0   102000        0
MOORE LTD                   COMMON              615785102      751    79000 SH       DEFINED                     0    79000        0
MOVIE GALLERY INC           COMMON              624581104      244    10000 SH       DEFINED                     0    10000        0
MPS GROUP INC               COMMON              553409103      771   108000 SH       DEFINED                     0        0   108000
MSC SOFTWARE CORP           COMMON              553531104      250    16000 SH       DEFINED                     0    16000        0
MUELLER INDS INC            COMMON              624756102      389    11700 SH       DEFINED                     0    11700        0
MULTIMEDIA GAMES INC        COMMON              625453105      266     7000 SH       DEFINED                     0     7000        0
NABI INC                    COMMON              628716102      155    15000 SH       DEFINED                     0    15000        0
NAPRO BIOTHERAPUTICS INC    COMMON              630795102      114    10000 SH       DEFINED                     0    10000        0
NASH FINCH CO               COMMON              631158102      280     9000 SH       DEFINED                     0     9000        0
NATIONAL COMMERCE FINL C    COMMON              63545P104     1164    46000 SH       DEFINED                     0    46000        0
NATIONAL DISC BROKERS GR    COMMON              635646102     1652    33800 SH       DEFINED                     0    33800        0
NATIONAL SEMICONDUCTOR C    COMMON              637640103      369    12000 SH       DEFINED                     0    12000        0
NAVISTAR INTL CORP NEW      COMMON              63934E108      521    13200 SH       DEFINED                     0    13200        0
NCO GROUP INC               COMMON              628858102      847    37000 SH       DEFINED                     0    37000        0
NETWORKS ASSOCS INC         COMMON              640938106    23438   906700 SH       DEFINED                     0   849300    57400
NEUROCRINE BIOSCIENCES I    COMMON              64125C109     3581    69800 SH       DEFINED                     0    69800        0
NEW CENTURY FINANCIAL CO    COMMON              64352D101      149    11000 SH       DEFINED                     0    11000        0
NEW YORK CMNTY BANCORP I    COMMON              649445103     1772    77462 SH       DEFINED                     0    77462        0
NEWELL FINL TR I            QIPS CONV5.25%      651195307      740    20000 SH       DEFINED                     0    20000        0
NEWPORT NEWS SHIPBLDG       COMMON              652228107     2565    36000 SH       DEFINED                     0    36000        0
NIKE INC                    CL B                654106103    13464   239400 SH       DEFINED                     0   238900      500
NMT MED INC                 COMMON              629294109      144    17000 SH       DEFINED                     0    17000        0
NOBLE DRILLING CORP         COMMON              655042109     8915   261900 SH       DEFINED                     0   261900        0
NORFOLK SOUTHERN CORP       COMMON              655844108     4601   251000 SH       DEFINED                     0   251000        0
NORTEL NETWORKS             SDCV  4.250 09/0    656566AA4        0   500000 PRN      DEFINED                     0   500000        0
NORTH FORK BANCORPORATIO    COMMON              659424105     5182   162000 SH       DEFINED                     0   162000        0
NORTHERN TR CORP            COMMON              665859104     6142   102000 SH       DEFINED                     0   102000        0
NUEVO FING I                TECONS SER A        670511203      299    10000 SH       DEFINED                     0    10000        0
NUMERICAL TECHNOLOGIES I    COMMON              67053T101      634    18000 SH       DEFINED                     0    18000        0
O REILLY AUTOMOTIVE INC     COMMON              686091109     2166    59400 SH       DEFINED                     0    59400        0
O2MICRO INTERNATIONAL LI    ORD                 G6797E106      216     9000 SH       DEFINED                     0     9000        0
OFFICE DEPOT INC            COMMON              676220106     6192   334000 SH       DEFINED                     0   334000        0
OHIO CAS CORP               COMMON              677240103      966    60200 SH       DEFINED                     0    60200        0
OLD REP INTL CORP           COMMON              680223104     2213    79000 SH       DEFINED                     0    79000        0
OMNICARE INC                COMMON              681904108     1112    44700 SH       DEFINED                     0    44700        0
OMNICOM GROUP INC           COMMON              681919106    99116  1109301 SH       DEFINED                     0   906101   203200
OMNIVISION TECHNOLOGIES     COMMON              682128103      126    14000 SH       DEFINED                     0    14000        0
ORACLE CORP                 COMMON              68389X105    12568   910100 SH       DEFINED                     0   906800     3300
ORCHID BIOSCIENCES INC      COMMON              68571P100      121    22000 SH       DEFINED                     0    22000        0
ORTHODONTIC CTRS AMER IN    COMMON              68750P103     1019    33400 SH       DEFINED                     0    33400        0
OVERTURE SVCS INC           COMMON              69039R100     2303    65000 SH       DEFINED                     0    65000        0
OWENS ILL INC               COM NEW             690768403      649    65000 SH       DEFINED                     0    65000        0
OXFORD HEALTH PLANS INC     COMMON              691471106    14772   490100 SH       DEFINED                     0   490100        0
PACIFIC CENTY FINL CORP     COMMON              694058108      777    30000 SH       DEFINED                     0    30000        0
PACIFIC SUNWEAR CALIF IN    COMMON              694873100      446    21850 SH       DEFINED                     0    21850        0
PACKAGING CORP AMER         COMMON              695156109      853    47000 SH       DEFINED                     0    47000        0
PANCANADIAN ENERGY CORP     COMMON              69831A107      347    13338 SH       DEFINED                     0    13338        0
PANERA BREAD CO             CL A                69840W108     1353    26000 SH       DEFINED                     0    26000        0
PATTERSON DENTAL CO         COMMON              703412106     2538    62000 SH       DEFINED                     0    62000        0
PATTERSON UTI ENERGY INC    COMMON              703481101      816    35000 SH       DEFINED                     0    35000        0
PAYCHEX INC                 COMMON              704326107    13597   390150 SH       DEFINED                     0   297900    92250
PEDIATRIX MED GROUP         COMMON              705324101     1255    37000 SH       DEFINED                     0    37000        0
PENN NATL GAMING INC        COMMON              707569109      285     9400 SH       DEFINED                     0     9400        0
PENNEY J C INC              COMMON              708160106     6860   255000 SH       DEFINED                     0   255000        0
PENNEY J C INC              NOTE  5.000 10/1    708160BU9      838   750000 PRN      DEFINED                     0   750000        0
PEOPLESOFT INC              COMMON              712713106    24968   621100 SH       DEFINED                     0   530100    91000
PEP BOYS MANNY MOE & JAC    COMMON              713278109     2058   120000 SH       DEFINED                     0   120000        0
PEPSI BOTTLING GROUP INC    COMMON              713409100     4982   212000 SH       DEFINED                     0   212000        0
PEPSICO INC                 COMMON              713448108    36318   745900 SH       DEFINED                     0   745600      300
PERFORMANCE FOOD GROUP C    COMMON              713755106     5240   149000 SH       DEFINED                     0   149000        0
PERKIN ELMER                SDCV  0.    08/0    714046AA7     1104  2002000 PRN      DEFINED                     0  2002000        0
PERKINELMER INC             COMMON              714046109     6696   191200 SH       DEFINED                     0   191200        0
PEROT SYS CORP              CL A                714265105      813    39800 SH       DEFINED                     0    39800        0
PERRIGO CO                  COMMON              714290103     1196   101200 SH       DEFINED                     0   101200        0
PETCO ANIMAL SUPPLIES       COMMON              716016100      943    43000 SH       DEFINED                     0    43000        0
PETSMART INC                COMMON              716768106      138    14000 SH       DEFINED                     0    14000        0
PFIZER INC                  COMMON              717081103    60994  1530600 SH       DEFINED                     0  1183400   347200
PHARMACEUTICAL PROD DEV     COMMON              717124101     5787   179100 SH       DEFINED                     0   179100        0
PHARMACEUTICAL RES INC      COMMON              717125108     2096    62000 SH       DEFINED                     0    62000        0
PHILIP MORRIS COS INC       COMMON              718154107    27597   601900 SH       DEFINED                     0   601300      600
PINNACLE SYS INC            COMMON              723481107      557    70200 SH       DEFINED                     0    70200        0
PMC-SIERRA INC              COMMON              69344F106      206     9700 SH       DEFINED                     0     9700        0
PMI GROUP INC               COMMON              69344M101     2278    34000 SH       DEFINED                     0    34000        0
POLARIS INDS INC            COMMON              731068102     1374    23800 SH       DEFINED                     0    23800        0
POLYCOM INC                 COMMON              73172K104     6357   186600 SH       DEFINED                     0   186600        0
POLYMEDICA CORP             COMMON              731738100      398    24000 SH       DEFINED                     0    24000        0
POPULAR INC                 COMMON              733174106      553    19000 SH       DEFINED                     0    19000        0
POSSIS MEDICAL INC          COMMON              737407106      192    11000 SH       DEFINED                     0    11000        0
PRECISE SOFTWARE SOLUTIO    ORD                 M41450103      888    43000 SH       DEFINED                     0    43000        0
PRECISION CASTPARTS CORP    COMMON              740189105     2345    83000 SH       DEFINED                     0    83000        0
PRICE COMMUNICATIONS COR    COM NEW             741437305     1184    62000 SH       DEFINED                     0    62000        0
PROCTER & GAMBLE CO         COMMON              742718109     5856    74000 SH       DEFINED                     0    74000        0
PROFIT RECOVERY GROUP IN    COMMON              743168106      189    23200 SH       DEFINED                     0    23200        0
PROGRESS SOFTWARE CORP      COMMON              743312100      342    19800 SH       DEFINED                     0    19800        0
PROGRESSIVE CORP OHIO       COMMON              743315103    10600    71000 SH       DEFINED                     0    50000    21000
PROVINCE HEALTHCARE CO      COMMON              743977100      555    18000 SH       DEFINED                     0    18000        0
PROXIM INC                  COMMON              744284100      268    27000 SH       DEFINED                     0    27000        0
PRUDENTIAL FINL INC         COMMON              744320102      332    10000 SH       DEFINED                     0    10000        0
PSINET INC                  PFD C CV 6 3/4      74437C309       22    10000 SH       DEFINED                     0    10000        0
PSINET INC                  PFD CV D144A        74437C408       11    15000 SH       DEFINED                     0    15000        0
PULTE HOMES INC             COMMON              745867101     8934   200000 SH       DEFINED                     0   200000        0
QUADRAMED CORP              COMMON              74730W101      152    18000 SH       DEFINED                     0    18000        0
QUALCOMM INC                COMMON              747525103    27174   538100 SH       DEFINED                     0   537400      700
QUANTUM CORP                NOTE  7.000  8/0    747906AC9      440   500000 PRN      DEFINED                     0   500000        0
QUEST DIAGNOSTICS INC       COMMON              74834L100     6167    86000 SH       DEFINED                     0    86000        0
QUINTILES TRANSNATIONAL     COMMON              748767100      931    58000 SH       DEFINED                     0        0    58000
RACING CHAMPIONS CORP       COMMON              750069106      123    10000 SH       DEFINED                     0    10000        0
RADIAN GROUP INC            COMMON              750236101     3049    71000 SH       DEFINED                     0    25000    46000
RADIOSHACK CORP             COMMON              750438103     3973   132000 SH       DEFINED                     0   132000        0
RATIONAL SOFTWARE CORP      NOTE  5.000  2/0    75409PAA1      452   500000 PRN      DEFINED                     0   500000        0
RAYTHEON CO                 COM NEW             755111507    10618   327000 SH       DEFINED                     0   325600     1400
REDBACK NETWORKS INC        NOTE  5.000  4/0    757209AA9      508  1000000 PRN      DEFINED                     0  1000000        0
REEBOK INTL LTD             COMMON              758110100     5168   195000 SH       DEFINED                     0   195000        0
REEBOK INTL LTD             DBCV  4.250  3/0    758110AD2     1023  1000000 PRN      DEFINED                     0  1000000        0
REGIONS FINL CORP           COMMON              758940100     4401   147000 SH       DEFINED                     0   147000        0
REGIS CORP MINN             COMMON              758932107      679    26350 SH       DEFINED                     0    26350        0
REINSURANCE GROUP           CV PFD $5.750       759351307      253     5000 SH       DEFINED                     0     5000        0
RENAL CARE GROUP INC        COMMON              759930100     1570    48900 SH       DEFINED                     0    48900        0
RES-CARE INC                NOTE  6.000 12/0    760943AC4      432   500000 PRN      DEFINED                     0   500000        0
RESMED INC                  COMMON              761152107     4389    81400 SH       DEFINED                     0    77800     3600
RESPIRONICS INC             COMMON              761230101     2217    64000 SH       DEFINED                     0    64000        0
RF MICRODEVICES INC         COMMON              749941100     3615   188000 SH       DEFINED                     0   188000        0
RF MICRODEVICES INC         NOTE  3.750  8/1    749941AA8      821  1000000 PRN      DEFINED                     0  1000000        0
ROADWAY CORP                COMMON              769742107      495    13500 SH       DEFINED                     0    13500        0
ROSS STORES INC             COMMON              778296103     2829    88200 SH       DEFINED                     0    88200        0
ROYAL DUTCH PETE CO         DEPOSITORY RECEI    780257804      980    20000 SH       DEFINED                     0    20000        0
RUBY TUESDAY INC            COMMON              781182100     2377   115200 SH       DEFINED                     0   115200        0
RURAL CELLULAR CORP         CL A                781904107      585    26300 SH       DEFINED                     0    26300        0
S1 CORPORATION              COMMON              78463B101     1113    68800 SH       DEFINED                     0    68800        0
SAFECO CORP                 COMMON              786429100      872    28000 SH       DEFINED                     0    28000        0
SAFEWAY INC                 COM NEW             786514208    25413   608700 SH       DEFINED                     0   449400   159300
SAGE INC                    COMMON              786632109      297     8000 SH       DEFINED                     0     8000        0
SANMINA CORP                SDCV  0.    09/1    800907AC1      820  2200000 PRN      DEFINED                     0  2200000        0
SAWTEK INC                  COMMON              805468105      783    31500 SH       DEFINED                     0    31500        0
SBC COMMUNICATIONS INC      COMMON              78387G103     1567    40000 SH       DEFINED                     0    40000        0
SCHEIN HENRY INC            COMMON              806407102     2377    64200 SH       DEFINED                     0    64200        0
SCHERING PLOUGH CORP        COMMON              806605101     9955   278000 SH       DEFINED                     0    60000   218000
SCHLUMBERGER LTD            COMMON              806857108     3682    67000 SH       DEFINED                     0        0    67000
SCHOLASTIC CORP             COMMON              807066105     1258    25000 SH       DEFINED                     0    25000        0
SCHOOL SPECIALTY INC        NOTE  6.000  8/0    807863AC9      492   500000 PRN      DEFINED                     0   500000        0
SCHWAB CHARLES CORP NEW     COMMON              808513105     3829   247500 SH       DEFINED                     0   247500        0
SCI SYS INC                 COMMON              783890106      991    30000 SH       DEFINED                     0    30000        0
SCIENTIFIC GAMES CORP       CL A                80874P109      149    17000 SH       DEFINED                     0    17000        0
SCP POOL CORP               COMMON              784028102      535    19500 SH       DEFINED                     0    19500        0
SEALED AIR CORP NEW PFD     PFD CONVERTIBLE     81211K209     1244    30000 SH       DEFINED                     0    30000        0
SEEBEYOND TECHNOLOGIES C    COMMON              815704101      146    15000 SH       DEFINED                     0    15000        0
SEMTECH CORP                COMMON              816850101     4782   134000 SH       DEFINED                     0   134000        0
SEMTECH CORP                NOTE  4.500  2/0    816850AB7      324   300000 PRN      DEFINED                     0   300000        0
SEQUENOM INC                COMMON              817337108      128    12000 SH       DEFINED                     0    12000        0
SEROLOGICALS CORP           COMMON              817523103      763    35500 SH       DEFINED                     0    35500        0
SHAW GROUP INC              COMMON              820280105     2421   103000 SH       DEFINED                     0   103000        0
SHIRE PHARMACEUTICALS GR    DEPOSITORY RECEI    82481R106      512    14000 SH       DEFINED                     0    14000        0
SICOR INC                   COMMON              825846108     1389    88600 SH       DEFINED                     0    88600        0
SIEBEL SYS INC              NOTE  5.500  9/1    826170AA0      700   500000 PRN      DEFINED                     0   500000        0
SIERRE PACIFIC RESOURCES    SDCV  9.000 11/1    826428203        0 15000000 PRN      DEFINED                     0 15000000        0
SIGMA ALDRICH CORP          COMMON              826552101     2443    62000 SH       DEFINED                     0    62000        0
SILICON VY BANCSHARES       COMMON              827064106     1262    47200 SH       DEFINED                     0    47200        0
SMARTFORCE PUB LTD CO       DEPOSITORY RECEI    83170A206     1931    78000 SH       DEFINED                     0    78000        0
SOLECTRON CORP              NOTE        11/2    834182AL1      843  2000000 PRN      DEFINED                     0  2000000        0
SONIC AUTOMOTIVE INC        CL A                83545G102      445    19000 SH       DEFINED                     0    19000        0
SONIC CORP                  COMMON              835451105     1512    42000 SH       DEFINED                     0    42000        0
SONICBLUE INC               COMMON              83546Q109       81    20000 SH       DEFINED                     0    20000        0
SONUS PHARMACEUTICALS IN    COMMON              835692104      129    16000 SH       DEFINED                     0    16000        0
SOUTHDOWN INC               COMMON              841297104     1385    19000 SH       DEFINED                     0        0    19000
SOUTHERN CO                 COMMON              842587107     5171   204000 SH       DEFINED                     0   204000        0
SOUTHTRUST CORP             COMMON              844730101     7154   290000 SH       DEFINED                     0   290000        0
SOUTHWEST AIRLS CO          COMMON              844741108      554    30000 SH       DEFINED                     0    30000        0
SOVEREIGN BANCORP INC       COMMON              845905108     4755   388500 SH       DEFINED                     0   388500        0
SPARTECH CORP               COM NEW             847220209      610    29700 SH       DEFINED                     0    29700        0
SPEEDFAM-IPEC INC           COMMON              847705100       30    10000 SH       DEFINED                     0    10000        0
ST JUDE MED INC             COMMON              790849103     2562    33000 SH       DEFINED                     0    33000        0
STANDARD PAC CORP NEW       COMMON              85375C101     2468   101500 SH       DEFINED                     0   101500        0
STANLEY WKS                 COMMON              854616109     6986   150000 SH       DEFINED                     0   150000        0
STAPLES INC                 COMMON              855030102    11360   607500 SH       DEFINED                     0   450000   157500
STATE STR CORP              COMMON              857477103    30676   587100 SH       DEFINED                     0   585700     1400
STATEN IS BANCORP INC       COMMON              857550107      936    57400 SH       DEFINED                     0    57400        0
STERICYCLE INC              COMMON              858912108     1924    31600 SH       DEFINED                     0    31600        0
STORAGE TECHNOLOGY CORP     COM PAR $0.10       862111200     1716    83000 SH       DEFINED                     0    83000        0
STRYKER CORP                COMMON              863667101    13472   230800 SH       DEFINED                     0   229000     1800
SUN MICROSYSTEMS INC        COMMON              866810104     3050   248000 SH       DEFINED                     0        0   248000
SUNGARD DATA SYS INC        COMMON              867363103     8100   280000 SH       DEFINED                     0   280000        0
SUNGLASS HUT INTL INC       COMMON              86736F106      309    27000 SH       DEFINED                     0    27000        0
SUNRISE ASSISTED LIVING     NOTE  5.500  6/1    86768KAA4     2018  2000000 PRN      DEFINED                     0  2000000        0
SUPERVALU INC               COMMON              868536103    15053   680500 SH       DEFINED                     0   680500        0
SUPREMA SPECIALTIES INC     COMMON              86859F107      130    10000 SH       DEFINED                     0    10000        0
SWIFT ENERGY CO             COMMON              870738101      693    34300 SH       DEFINED                     0    34300        0
SWS GROUP INC               COMMON              78503N107      991    38925 SH       DEFINED                     0    38925        0
SYBASE INC                  COMMON              871130100     1411    89500 SH       DEFINED                     0    89500        0
SYBRON INTL CORP            COMMON              87114F106      748    27500 SH       DEFINED                     0    27500        0
SYLVAN LEARNING SYS INC     COMMON              871399101      552    25000 SH       DEFINED                     0    25000        0
SYMANTEC CORP               COMMON              871503108     3051    46000 SH       DEFINED                     0    46000        0
SYMANTEC CORP               NOTE  3.000 11/0    871503AA6      301   250000 PRN      DEFINED                     0   250000        0
SYNCOR INTL CORP DEL        COMMON              87157J106      613    21400 SH       DEFINED                     0    21400        0
SYNOVUS FINL CORP           COMMON              87161C105     8580   342500 SH       DEFINED                     0   236000   106500
SYSCO CORP                  COMMON              871829107     9434   359800 SH       DEFINED                     0   359300      500
TALBOTS INC                 COMMON              874161102     1827    50400 SH       DEFINED                     0    50400        0
TARGET CORP                 COMMON              87612E106    40204   979400 SH       DEFINED                     0   855400   124000
TARO PHARMACEUTICAL INDS    ORD                 M8737E108     3731    93400 SH       DEFINED                     0    93400        0
TBC CORP                    COMMON              872180104      141    10500 SH       DEFINED                     0    10500        0
TCF FINL CORP               COMMON              872275102     8325   173500 SH       DEFINED                     0   173500        0
TECH DATA CORP              COMMON              878237106     3921    90600 SH       DEFINED                     0    90600        0
TECHNOLOGY SOLUTIONS CO     COMMON              87872T108       76    34400 SH       DEFINED                     0    34400        0
TECO ENERGY INC             COMMON              872375100     4440   169200 SH       DEFINED                     0   169200        0
TELEFLEX INC                COMMON              879369106     1921    40600 SH       DEFINED                     0    40600        0
TELEFONOS DE MEXICO S A     DBCV  4.250  6/1    879403AD5     1258  1000000 PRN      DEFINED                     0  1000000        0
TELEPHONE & DATA SYS INC    COMMON              879433100     8194    91300 SH       DEFINED                     0    91300        0
TELETECH HOLDINGS INC       COMMON              879939106      158    11000 SH       DEFINED                     0    11000        0
TELLABS INC                 COMMON              879664100     6433   430000 SH       DEFINED                     0   200000   230000
TELLIUM INC                 COMMON              87967E107       87    14000 SH       DEFINED                     0    14000        0
TENET HEALTHCARE CORP       COMMON              88033G100    28931   492700 SH       DEFINED                     0   491500     1200
TEREX CORP NEW              COMMON              880779103      274    15600 SH       DEFINED                     0    15600        0
TEVA PHARMACEUTICAL FIN     DBCV  1.500 10/1    88163VAA7     1008  1000000 PRN      DEFINED                     0  1000000        0
TEVA PHARMACEUTICAL INDS    DEPOSITORY RECEI    881624209     3390    55000 SH       DEFINED                     0    55000        0
TEXAS INDS INC              COMMON              882491103      542    14700 SH       DEFINED                     0    14700        0
TEXTRON INC                 COMMON              883203101      203     4900 SH       DEFINED                     0     4900        0
THERMO ELECTRON CORP        COMMON              883556102     5154   216000 SH       DEFINED                     0   216000        0
THORNBURG MTG INC           COMMON              885218107     1241    63000 SH       DEFINED                     0    63000        0
THQ INC                     COM NEW             872443403     3214    66300 SH       DEFINED                     0    66300        0
TIFFANY & CO NEW            COMMON              886547108     1139    36200 SH       DEFINED                     0    36200        0
TIMBERLINE SOFTWARE CORP    COMMON              887134104      300    50043 SH       DEFINED                     0    50043        0
TITANIUM METALS CORP        COMMON              888339108       48    12000 SH       DEFINED                     0    12000        0
TJX COS INC NEW             COMMON              872540109     5421   136000 SH       DEFINED                     0    12000   124000
TMP WORLDWIDE INC           COMMON              872941109     1931    45000 SH       DEFINED                     0    45000        0
TOO INC                     COMMON              890333107     1705    62000 SH       DEFINED                     0    62000        0
TOWER AUTOMOTIVE INC        NOTE  5.000  8/0    891707AE1      419   500000 PRN      DEFINED                     0   500000        0
TOYS R US INC               COMMON              892335100     4189   202000 SH       DEFINED                     0   202000        0
TRANSOCEAN SEDCO FOREX I    ORD                 G90078109     5445   161000 SH       DEFINED                     0    75000    86000
TRANSOCEAN SEDCO FOREX I    DBCV         5/2    893830AA7      531   900000 PRN      DEFINED                     0   900000        0
TRANSWITCH CORP             NOTE  4.500  9/1    894065AA9      293   500000 PRN      DEFINED                     0   500000        0
TRANSWITCH CORP             COMMON              894065101       45    10000 SH       DEFINED                     0    10000        0
TRIAD GTY INC               COMMON              895925105      907    25000 SH       DEFINED                     0    25000        0
TRIAD HOSPITALS INC         COMMON              89579K109      966    32900 SH       DEFINED                     0    32900        0
TRIGON HEALTHCARE INC       COMMON              89618L100     5362    77200 SH       DEFINED                     0    77200        0
TRIQUINT SEMICONDUCTOR I    COMMON              89674K103      571    46600 SH       DEFINED                     0    46600        0
TYCO INTL LTD NEW           COMMON              902124106    68486  1162742 SH       DEFINED                     0   999542   163200
U S FOODSERVICE             COMMON              90331R101     2594   100000 SH       DEFINED                     0   100000        0
UCBH HOLDINGS INC           COMMON              90262T308      808    28400 SH       DEFINED                     0    28400        0
UNION PACIFIC               CV PFD TIDES        907824205      692    14500 SH       DEFINED                     0    14500        0
UNITED MICROELECTRONICS     DEPOSITORY RECEI    910873207      384    40000 SH       DEFINED                     0    40000        0
UNITED PARCEL SERVICE IN    NOTE  1.750  9/2    911312AB2      975  1000000 PRN      DEFINED                     0  1000000        0
UNITED RENTALS INC          COMMON              911363109      227    10000 SH       DEFINED                     0    10000        0
UNITED STATIONERS INC       COMMON              913004107     1346    40000 SH       DEFINED                     0        0    40000
UNITEDHEALTH GROUP INC      COMMON              91324P102     8068   114000 SH       DEFINED                     0   113700      300
UNIVERSAL HLTH SVCS INC     CL B                913903100    12962   303000 SH       DEFINED                     0   303000        0
UNUMPROVIDENT CORP          COMMON              91529Y106     8650   326300 SH       DEFINED                     0   326300        0
URS CORP NEW                COMMON              903236107      411    15000 SH       DEFINED                     0    15000        0
US BANCORP DEL              COM NEW             902973304    12629   603400 SH       DEFINED                     0   469200   134200
USA ED INC                  COMMON              90390U102    17753   211300 SH       DEFINED                     0   210900      400
USFREIGHTWAYS CORP          COMMON              916906100      528    16800 SH       DEFINED                     0    16800        0
USWEB CORP                  COMMON              917327108      302     7800 SH       DEFINED                     0     7800        0
UTILICORP UTD INC           COMMON              918005109     2366    94000 SH       DEFINED                     0    94000        0
UTSTARCOM INC               COMMON              918076100     1226    43000 SH       DEFINED                     0    43000        0
V F CORP                    COMMON              918204108     3511    90000 SH       DEFINED                     0    90000        0
VARIAN MED SYS INC          COMMON              92220P105     9463   132800 SH       DEFINED                     0   132800        0
VECTOR GROUP LTD            NOTE  6.250  7/1    92240MAA6      561   500000 PRN      DEFINED                     0   500000        0
VECTOR GROUP LTD            COMMON              92240M108      345    10500 SH       DEFINED                     0    10500        0
VERITAS SOFTWARE CORP /     NOTE  1.856  8/1    92343RAA1      331   250000 PRN      DEFINED                     0   250000        0
VERIZON COMMUNICATIONS      COMMON              92343V104      570    12000 SH       DEFINED                     0    12000        0
VINTAGE PETE INC            COMMON              927460105     1303    90200 SH       DEFINED                     0    90200        0
VITESSE SEMICONDUCTOR CO    COMMON              928497106     1190    95700 SH       DEFINED                     0    95700        0
VIVUS INC                   COMMON              928551100       63    13000 SH       DEFINED                     0    13000        0
VODAFONE GROUP PLC NEW      DEPOSITORY RECEI    92857W100     9437   367500 SH       DEFINED                     0   125000   242500
WACHOVIA CORP 2ND NEW       COMMON              929903102     1443    46000 SH       DEFINED                     0    46000        0
WAL MART STORES INC         COMMON              931142103    94727  1646000 SH       DEFINED                     0  1435200   210800
WALTER INDS INC             COMMON              93317Q105      124    11000 SH       DEFINED                     0    11000        0
WASHINGTON FED INC          COMMON              938824109     1524    59100 SH       DEFINED                     0    59100        0
WASHINGTON MUT INC          COMMON              939322103    28297   865350 SH       DEFINED                     0   732600   132750
WASHINGTON MUTUAL           CV PFD $5.375       93933U308      953    20000 SH       DEFINED                     0    20000        0
WASTE CONNECTIONS INC       COMMON              941053100      676    21800 SH       DEFINED                     0    21800        0
WASTE MGMT INC DEL          COMMON              94106L109     8616   270000 SH       DEFINED                     0   270000        0
WATERS CORP                 COMMON              941848103    10804   278800 SH       DEFINED                     0   278800        0
WATSON PHARMACEUTICALS I    COMMON              942683103     3359   107000 SH       DEFINED                     0    38000    69000
WEBSENSE INC                COMMON              947684106      818    25500 SH       DEFINED                     0    25500        0
WEBSTER FINL CORP CONN      COMMON              947890109      820    26000 SH       DEFINED                     0    26000        0
WEIGHT WATCHERS INTL INC    COMMON              948626106      676    20000 SH       DEFINED                     0    20000        0
WELLPOINT HEALTH NETWORK    COMMON              94973H108     7245    62000 SH       DEFINED                     0    62000        0
WELLS FARGO & CO NEW        COMMON              949746101     1348    31000 SH       DEFINED                     0        0    31000
WESCO INTL INC              COMMON              95082P105       50    10000 SH       DEFINED                     0    10000        0
WESLEY JESSEN VISIONCARE    COMMON              951018100      971    25300 SH       DEFINED                     0    25300        0
WEST MARINE INC             COMMON              954235107      153    10400 SH       DEFINED                     0    10400        0
WESTAMERICA BANCORPORATI    COMMON              957090103     1385    35000 SH       DEFINED                     0    35000        0
WESTELL TECHNOLOGIES INC    CL A                957541105       37    14000 SH       DEFINED                     0    14000        0
WESTPOINT STEVENS INC       COMMON              961238102      238    97000 SH       DEFINED                     0        0    97000
WHIRLPOOL CORP              COMMON              963320106     4561    62200 SH       DEFINED                     0    62200        0
WHOLE FOODS MKT INC         COMMON              966837106     5510   126500 SH       DEFINED                     0   126500        0
WILD OATS MARKETS INC       COMMON              96808B107      403    40550 SH       DEFINED                     0    40550        0
WILLIAMS SONOMA INC         COMMON              969904101     1931    45000 SH       DEFINED                     0    45000        0
WILLIS GROUP HOLDINGS LT    SHS                 G96655108      353    15000 SH       DEFINED                     0    15000        0
WOMEN FIRST HEALTHCARE      COMMON              978150100      130    13000 SH       DEFINED                     0    13000        0
WORLDCOM INC GA NEW         WRLDCOM GP COM      98157D106     4302   305550 SH       DEFINED                     0   116550   189000
WORLDCOM INC GA NEW         PFD1/100 CV F       98157D700     1283    60000 SH       DEFINED                     0    60000        0
XCEL ENERGY INC             COMMON              98389B100     1276    46000 SH       DEFINED                     0    46000        0
XEROX CORP                  COMMON              984121103     1980   190000 SH       DEFINED                     0   190000        0
XL CAP LTD                  CL A                G98255105     8588    94000 SH       DEFINED                     0    94000        0
YORK INTL CORP NEW          COMMON              986670107      343     9000 SH       DEFINED                     0     9000        0
YOUNG & RUBICAM INC         NOTE  3.000  1/1    987425AC9      968  1000000 PRN      DEFINED                     0  1000000        0
ZALE CORP NEW               COMMON              988858106     1885    45000 SH       DEFINED                     0    45000        0
ZIONS BANCORPORATION        COMMON              989701107    28299   538200 SH       DEFINED                     0   411300   126900
ZORAN CORP                  COMMON              98975F101     1394    42700 SH       DEFINED                     0    42700        0
</TABLE>

</TEXT>
</DOCUMENT>
