13F-HR 1 w00262e13fvhr.txt CENTURION ALLIANCE FORM 13F UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 06/30/04 -------- Check here if Amendment [ ]; Amendment Number: ------------ This Amendment (Check only one): [ ] is a restatement [ ] adds new holding entries Institutional Investment Manager Filing this Report: Name: Centurion Alliance, Inc. Address: 3775 Via Nona Marie, Suite 200 Carmel, California 93923 File 13F File Number: 028-10697 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: Stephen A. Mace Title: Managing Director Phone: (831) 622-7575 Signature, Place, and Date of Signing: /s/ Stephen A. Mace Carmel, CA August 12, 2004 ------------------- ---------- --------------- Report Type (Check only one.): [X] 13F HOLDINGS REPORT (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) Form 13F Summary Page REPORT SUMMARY Number of Other Included Managers: 1 -------- Form 13F Information Table Entry Total: 426 ------- Form 13F Information Table Value Total: 594,079 ------- (thousands)

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

CENTURION ALLIANCE, INC ACCOUNT SUMMARY REPORT AS OF 06/30/2004

ASML HLDGS N V NY REG COM N07059111 238,017 13,911 SH SOLE 13,911 0 AT&T WIRELESS SERVICES INC COM 00209A106 4,983 348 SH DEFINED 1 348 0 ATI TECHNOLOGIES INC COM 1941103 980 52 SH DEFINED 1 52 0 AUTODESK INC DELAWARE COM 52769106 2,440 57 SH DEFINED 1 57 0 AUTOMATIC DATA PROCESSING IN COM 53015103 28,142 672 SH DEFINED 1 672 0 AVALONBAY COMM INC COM 53484101 6,782 120 SH DEFINED 1 120 0 AVAYA INC COM 53499109 378 24 SH DEFINED 1 24 0 AVON PRODUCTS INC COM 54303102 13,749 298 SH DEFINED 1 298 0 AXA ADR SPONSORED COM 54536107 726,642 32,850 SH SOLE 32,850 0 BAE SYS PLC SPONSORED COM 05523R107 904,360 56,878 SH SOLE 56,878 0 BAKER HUGHES INC COM 57224107 26,354 700 SH DEFINED 1 700 0 BANCO BILBAO VIZ ARG SA ADS COM 05946K101 1,471 109 SH DEFINED 1 109 0 BANDAG INC COM COM 59815100 227,994 5,120 SH DEFINED 1 5,120 0 BANK MONTREAL QUE COM COM 63671101 267,561 6,684 SH SOLE 6,684 0 BANK OF NEW YORK COM 64057102 9,580 325 SH DEFINED 1 325 0 BARCLAYS PLC ADR COM 6.74E+207 243,637 7,185 SH SOLE 7,185 0 BASF AG SP ADR COM 55262505 1,400 26 SH DEFINED 1 26 0 BAXTER INTL INC COM 71813109 5,107 148 SH DEFINED 1 148 0 BAYER AG SPON ADR COM 72730302 1,898 65 SH DEFINED 1 65 0 BB&T CORP COM COM 54937107 556,879 15,063 SH SOLE 15,063 0 BECTON DICKINSON & CO COM 75887109 20,979 405 SH DEFINED 1 405 0 BERRY PETE CO CL A COM 85789105 213,223 7,250 SH DEFINED 1 7,250 0 BEST BUY CO COM 86516101 11,872 234 SH DEFINED 1 234 0 BHP BILLITON LTD SPON COM 88606108 666,005 38,014 SH SOLE 38,014 0 BIOMET INC COM 90613100 27,375 616 SH DEFINED 1 616 0 BIOMET INC COM 90613100 846,315 19,044 SH SOLE 19,044 0 BJ SVCS CO COM 55482103 5,592 122 SH DEFINED 1 122 0 BLOCK H & R INC COM COM 93671105 12,521,292 262,611 SH DEFINED 1 262,611 0 BOSTON PROPERTIES INC COM 101121101 5,608 112 SH DEFINED 1 112 0 BOSTON SCIENTIFIC CORP COM 101137107 3,638 85 SH DEFINED 1 85 0 BRIGGS & STRATTON COR COM 109043109 236,513 2,677 SH DEFINED 1 2,677 0 BRILLIANCE CHINA AUTO COM 10949Q105 339,794 11,538 SH SOLE 11,538 0 BRISTOL MEYER COM 110122AF5 25,757 25,000 SH DEFINED 1 25,000 0 BRITISH AMER TOB SPON ADR COM 110448107 1,499 48 SH DEFINED 1 48 0 BROOKFIELD PPTYS CP COM 112900105 7,906 275 SH DEFINED 1 275 0 BROOKSTONE INC COM COM 114537103 255,337 12,735 SH DEFINED 1 12,735 0 BUNGE LTD COM G16962105 1,830 47 SH DEFINED 1 47 0 BURLINGTON NO SANTA FE CP COM 12189T104 1,718 49 SH DEFINED 1 49 0 C R BARD INC NJ COM 67383109 1,699 30 SH DEFINED 1 30 0 CAESARS ENTMT INC COM 127687101 1,725 115 SH DEFINED 1 115 0 CAPITAL ONE FINANCIAL CORP COM 14040H105 1,025 15 SH DEFINED 1 15 0 CARDINAL HEALTH INC COM 14149Y108 3,642 52 SH DEFINED 1 52 0 CAREMARK RX INC COM 141705103 22,300 677 SH DEFINED 1 677 0 CARNIVAL CP NEW PAIRED COM COM 143658300 18,800 400 SH DEFINED 1 400 0 CATELLUS DEVELOPMENT CORP NE COM 149113102 345 14 SH DEFINED 1 14 0 CATERPILLAR INC COM 149123101 3,574 45 SH DEFINED 1 45 0 CDN PACIFIC RY LTD NEW COM 13645T100 1,108 45 SH DEFINED 1 45 0 CELESTICA INC SUB VTG COM 15101Q108 108,141 54,206 SH SOLE 54,206 0

CELESTICA INC SUB VTG COM 15101Q108 1,296 65 SH DEFINED 1 65 0 CHARLES SCHWAB NEW COM 808513105 1,210 126 SH DEFINED 1 126 0 CHELSEA PPTY GP INC COM 163421100 391 6 SH DEFINED 1 6 0 CHEVRON TEXACO CORP COM 166764100 4,422 47 SH DEFINED 1 47 0 CHINA MOBILE HONG KON COM 16941M109 789,290 52,064 SH SOLE 52,064 0 CINTAS CORP COM 172908105 28,602 600 SH DEFINED 1 600 0 CISCO SYS INC COM 17275R102 29,016,336 1,224,318 SH DEFINED 1 1,224,318 0 CITIGROUP INC COM 172967101 44,128 949 SH DEFINED 1 949 0 CMGI INC COM 125750109 780 400 SH DEFINED 1 400 0 CNET NETWORKS INC COM 12613R104 1,107 100 SH DEFINED 1 100 0 COACH INC COM 189754104 1,355 30 SH DEFINED 1 30 0 COCA COLA CO COM 191216100 48,712 965 SH DEFINED 1 965 0 COMCAST CORP (NEW) CLASS A COM 20030N101 7,025 250 SH DEFINED 1 250 0 COMMERCIAL METALS CO COM 201723103 329,368 10,150 SH DEFINED 1 10,150 0 COMMUNITY TRUST BANCORP INC COM 204149108 3,050 100 SH DEFINED 1 100 0 CONOCOPHILLIPS COM COM 20825C104 9,154 120 SH DEFINED 1 120 0 CONOCOPHILLIPS COM COM 20825C104 1,093,083 14,328 SH SOLE 14,328 0 CONS EDISON INC (HLDG CO) COM 209115104 3,976 100 SH DEFINED 1 100 0 CORNING INC COM 219350105 15,019 1,150 SH DEFINED 1 1,150 0 CORRECTIONAL PROP TR COM 22025E104 321 11 SH DEFINED 1 11 0 COSTCO WHOLESALE CORP NEW COM 22160K105 26,818,968 651,262 SH DEFINED 1 651,262 0 COUNTRYWIDE FINANCIAL CORP COM 222372104 1,756 25 SH DEFINED 1 25 0 CSS INDS INC COM COM 125906107 270,509 7,720 SH DEFINED 1 7,720 0 CVS CORPORATION COM 126650100 11,764 280 SH DEFINED 1 280 0 DAI NIPPON PRTG LTD JAPAN AD COM 233806207 1,277 40 SH DEFINED 1 40 0 DAIMLER BENZ NA NOTE COM 23383FAA3 53,683 50,000 SH DEFINED 1 50,000 0 DAIMLERCHRYSLER NA HOLDING COM 233835AD9 51,353 50,000 SH DEFINED 1 50,000 0 DBS GROUP HLDGS LTD A COM 23304Y100 621,181 18,576 SH SOLE 18,576 0 DELL INC COM 24702R101 26,084,266 728,204 SH DEFINED 1 728,204 0 DELL INC COM 24702R101 885,255 24,714 SH SOLE 24,714 0 DENTSPLY INTERNATIONAL INC COM 249030107 8,127 156 SH DEFINED 1 156 0 DEVON ENERGY CORP NEW COM 25179M103 9,240 140 SH DEFINED 1 140 0 DIAMONDCLUSTER INTL INC CL A COM 25278P106 4,345 500 SH DEFINED 1 500 0 DOLLAR GEN CORP COM COM 256669102 1,257,356 64,282 SH SOLE 64,282 0 DOW CHEMICAL CO COM 260543103 1,831 45 SH DEFINED 1 45 0 DST SYSTEMS INC COM 233326107 7,790 162 SH DEFINED 1 162 0 EASTERN CO COM COM 276317104 184,034 11,020 SH DEFINED 1 11,020 0 EBAY INC COM 278642103 29,383,357 319,558 SH DEFINED 1 319,558 0 ECOLAB INC COM COM 278865100 8,115 256 SH DEFINED 1 256 0 ECOLAB INC COM COM 278865100 549,551 17,336 SH SOLE 17,336 0 EDWARD LIFESCIENCES CORP COM 28176E108 1,010 29 SH DEFINED 1 29 0 ELAN PLC ADR COM 284131208 1,608 65 SH DEFINED 1 65 0 ELECTRONIC ARTS INC COM 285512109 7,637 140 SH DEFINED 1 140 0 ELI LILLY & CO COM 532457108 1,747 25 SH DEFINED 1 25 0 EMC CORP MASS COM 268648102 1,482 130 SH DEFINED 1 130 0 EMERSON ELEC CO COM 291011104 544,941 8,575 SH SOLE 8,575 0 EMERSON ELECTRIC CO NOTES COM 291011AL8 26,137 25,000 SH DEFINED 1 25,000 0 EMI GROUP PLC SPOS ADR NEW COM 268694205 1,069 121 SH DEFINED 1 121 0

ENCANA CORP COM COM 292505104 249,163 5,773 SH SOLE 5,773 0 ENERGEN CORP COM COM 29265N108 254,347 5,300 SH DEFINED 1 5,300 0 ENGELHARD CORP COM COM 292845104 614,052 19,005 SH SOLE 19,005 0 EON LABS INC COM 29412E100 1,309 32 SH DEFINED 1 32 0 EPCOS A G COM 29410P107 1,400 67 SH DEFINED 1 67 0 EQUITY OFFICE PPTYS TR SBI COM 294741103 3,889 143 SH DEFINED 1 143 0 EQUITY RESIDENTAL COM 29476L107 2,200 74 SH DEFINED 1 74 0 ERICSSON LM TEL ADR CL B NEW COM 294821608 20,062 671 SH DEFINED 1 671 0 ESSEX PROPERTY TRUST INC COM 297178105 2,870 42 SH DEFINED 1 42 0 ESTEE LAUDER CO INC CL A COM 518439104 35,511 728 SH DEFINED 1 728 0 ESTERLINE TECHNOLOGIE COM 297425100 251,005 8,500 SH DEFINED 1 8,500 0 EXPEDITORS INTL WASH INC COM 302130109 7,263 147 SH DEFINED 1 147 0 EXXON MOBIL CORP COM 30231G102 7,327 165 SH DEFINED 1 165 0 FASTENAL CO COM 311900104 28,415 500 SH DEFINED 1 500 0 FED FARM CR BK COM 31331TZK0 68,053 70,000 SH DEFINED 1 70,000 0 FED FARM CR BK MED TERM NOTE COM 31331RJQ9 32,451 30,000 SH DEFINED 1 30,000 0 FED HOME LN BK COM 3133MWYT2 67,834 70,000 SH DEFINED 1 70,000 0 FED HOME LN MTG CORP COM 3134A4GK4 24,070 23,000 SH DEFINED 1 23,000 0 FED NATL MTG ASSN 2 1/8% 4/15/06 COM 31359MQZ9 20,724 21,000 SH DEFINED 1 21,000 0 FED NATL MTG ASSN 6 3/8% 6/15/09 COM 31359MEV1 27,343 25,000 SH DEFINED 1 25,000 0 FED NATL MTG ASSN STEPUP- COM 3136F5YZ8 59,625 60,000 SH DEFINED 1 60,000 0 FEDERATED DEPT STRS INC DEL COM 31410H101 1,374 28 SH DEFINED 1 28 0 FEDEX CORP COM 31428X106 20,749 254 SH DEFINED 1 254 0 FEDL RLTY INVT TRUST S B I COM 313747206 5,323 128 SH DEFINED 1 128 0 FIFTH THIRD BANCORP C COM 316773100 749,532 13,937 SH SOLE 13,937 0 FIRST DATA CORP COM 319963104 40,557 911 SH DEFINED 1 911 0 FISERV INC COM COM 337738108 60,525 15,563 SH SOLE 15,563 0 FISERV INC WISCONSIN COM 337738108 35,195 905 SH DEFINED 1 905 0 FLEXTRONICS INTL LTD COM Y2573F102 3,764 236 SH DEFINED 1 236 0 FOREST LABORATORIES INC COM 345838106 24,433,012 431,450 SH DEFINED 1 431,450 0 FUJI PHOTO ADR NEW COM 359586302 1,202 38 SH DEFINED 1 38 0 GALLAGHER ARTHUR J & COM 363576109 886,978 29,129 SH SOLE 29,129 0 GAP INC COM 364760108 1,576 65 SH DEFINED 1 65 0 GEMPLUS INTL SA ADS COM 36866Y102 1,673 390 SH DEFINED 1 390 0 GENENTECH INC COM 368710406 63,618 1,132 SH DEFINED 1 1,132 0 GENERAL DYNAMICS CORP COM 369550108 839,284 8,452 SH SOLE 8,452 0 GENERAL ELECTRIC CAPITAL COR COM 36962GYZ1 15,575 15,000 SH DEFINED 1 15,000 0 GENERAL ELECTRIC CO COM 369604103 108,442 3,347 SH DEFINED 1 3,347 0 GENERAL GROWTH PROPERTIES COM 370021107 3,696 125 SH DEFINED 1 125 0 GENERAL MOTORS CORP COM 370442105 1,071 23 SH DEFINED 1 23 0 GENL DYNAMICS CORP COM 369550108 23,335 235 SH DEFINED 1 235 0 GEN-PROBE INC COM 36866T103 2,034 43 SH DEFINED 1 43 0 GEORGIA-PAC (GEORGIA PAC GP) COM 373298108 15,087 408 SH DEFINED 1 408 0 GILEAD SCIENCE COM 375558103 7,303 109 SH DEFINED 1 109 0 GILLETTE CO COM 375766102 20,776 490 SH DEFINED 1 490 0 GLAXO SMITHKLINE PLC COM 37733W105 563,815 13,599 SH SOLE 13,599 0 GOLDCORP INC NEW COM COM 380956409 2,763,815 23,686 SH SOLE 23,686 0 GOLDMAN SACHS GROUP I COM 38141G104 23,674,271 251,426 SH DEFINED 1 251,426 0

GUIDANT CORP COM 401698105 23,357 418 SH DEFINED 1 418 0 H & R BLOCK INC COM 93671105 9,543,438 200,156 SH DEFINED 1 200,156 0 HARLEY DAVIDSON INC COM 412822108 29,951,891 483,563 SH DEFINED 1 483,563 0 HCA INC COM 404119109 18,798 452 SH DEFINED 1 452 0 HEARTLAND EXPRESS INC COM 422347104 753,139 27,527 SH SOLE 27,527 0 HELEN OF TROY CORP CO COM G4388N106 431,010 11,690 SH DEFINED 1 11,690 0 HENDERSON LD DEV CO LTD SP A COM 425166303 1,447 336 SH DEFINED 1 336 0 HERSHEY FOODS CORP COM 427866108 1,388 30 SH DEFINED 1 30 0 HEWITT ASSOCIATES INC COM 42822Q100 17,875 650 SH DEFINED 1 650 0 HEWLETT PACKARD COM 428236103 35,954 1,704 SH DEFINED 1 1,704 0 HILTON HOTELS COM 432848109 4,422 237 SH DEFINED 1 237 0 HOLCIM LTD ADR COM 434741104 1,495 55 SH DEFINED 1 55 0 HOME DEPOT INC COM 437076102 12,320 350 SH DEFINED 1 350 0 HOSPIRA INC COM 441060100 2,898 105 SH DEFINED 1 105 0 HOST MARRIOTT CP (REIT) COM 44107P104 3,534 286 SH DEFINED 1 286 0 HUANENG PWR INTL INC COM 443304100 543,905 15,025 SH SOLE 15,025 0 HUTCHISON WHAMPOA LTD COM 448415208 403,261 16,712 SH SOLE 16,712 0 HYPO REAL ESTATE HLDGS AG AD COM 44915W101 1,024 35 SH DEFINED 1 35 0 ILL TOOL WORKS INC COM 452308109 8,342 87 SH DEFINED 1 87 0 IMAGISTICS INTL INC COM 45247T104 283 8 SH DEFINED 1 8 0 IMATION CORP COM COM 45245A107 211,985 4,975 SH DEFINED 1 4,975 0 ING GROEP NV ADR COM 456837103 1,635 69 SH DEFINED 1 69 0 INTEL CORP COM 458140100 17,604,632 637,849 SH DEFINED 1 637,849 0 INTERACTIVECORP COM 45840Q101 3,194 106 SH DEFINED 1 106 0 INTERNATIONAL GAME TECH COM 459902102 5,442 141 SH DEFINED 1 141 0 INTERPUBLIC GROUP OF COS INC COM 460690100 6,329 461 SH DEFINED 1 461 0 INTERSIL CORP CL A COM 46069S109 548,669 25,331 SH SOLE 25,331 0 INTL BUSINESS MACHINES CORP COM 459200101 87,444 992 SH DEFINED 1 992 0 INTUIT INC COM 461202103 5,015 130 SH DEFINED 1 130 0 ITO YOKADO CO LTD ADR NEW COM 465714400 1,283 30 SH DEFINED 1 30 0 ITT INDS INC IND COM COM 450911102 607,975 7,325 SH SOLE 7,325 0 JACOBS ENGINEERING GROUP INC COM 469814107 7,442 189 SH DEFINED 1 189 0 JOHNSON & JOHNSON COM 478160104 21,891,938 393,033 SH DEFINED 1 393,033 0 JONES APPAREL GROUP I COM 480074103 957,864 24,262 SH SOLE 24,262 0 JP MORGAN CHASE&CO COM 46625H100 29,852 770 SH DEFINED 1 770 0 KELLOGG CO COM 487836108 14,312 342 SH DEFINED 1 342 0 KELLWOOD CO COM COM 488044108 283,511 6,510 SH DEFINED 1 6,510 0 KIMBERLY CLARK CORP C COM 494368103 630,999 9,578 SH SOLE 9,578 0 KIMCO REALTY CORP MD COM 49446R109 318 7 SH DEFINED 1 7 0 KING PHARMACEUTICALS COM 495582108 10,213 892 SH DEFINED 1 892 0 KING PHARMACEUTICALS COM 495582108 544,425 47,548 SH SOLE 47,548 0 KNIGHT TRADING GRP INC COM 499063105 1,002 100 SH DEFINED 1 100 0 KOBE STEEL LTD SPONS ADR COM 499892107 1,053 141 SH DEFINED 1 141 0 KONINKLIJKE AHOLD NV ADS COM 500467303 1,332 168 SH DEFINED 1 168 0 KOOKMIN BK NEW SPONSO COM 50049M109 430,157 13,708 SH SOLE 13,708 0 KOREA ELEC PWR CO ADR COM 500631106 602,279 65,751 SH SOLE 65,751 0 KYOCERA CP ADR COM 501556203 2,488 29 SH DEFINED 1 29 0 L-3 COMMUNICATIONS HOLDING I COM 502424104 17,434 261 SH DEFINED 1 261 0

LEXMARK INTL INC CL A COM 529771107 31,301,107 324,263 SH DEFINED 1 324,263 0 LINCARE HLDGS INC COM 532791100 19,716 600 SH DEFINED 1 600 0 LINCOLN ELEC HLDGS IN COM 533900106 450,329 13,210 SH DEFINED 1 13,210 0 LINEAR TECHNOLOGY CORPORATIO COM 535678106 24,234 614 SH DEFINED 1 614 0 LOWES COMPANIES INC COM 548661107 30,635 583 SH DEFINED 1 583 0 LUBRIZOL CORP COM COM 549271104 213,312 5,825 SH DEFINED 1 5,825 0 LUCENT TECHNOLOGIES COM 549463107 10,621 2,810 SH DEFINED 1 2,810 0 LVMH MOET HENNESSY LOUIS VUI COM 502441306 1,244 86 SH DEFINED 1 86 0 MACK CALI REALTY CP COM 554489104 579 14 SH DEFINED 1 14 0 MANUFACTURED HOME COMMUNITIE COM 564682102 1,593 48 SH DEFINED 1 48 0 MARRIOTT INTL INC NEW CL A COM 571903202 1,097 22 SH DEFINED 1 22 0 MARSH & MCLENNAN COS INC 7 1/8% 6/15/09 COM 571748AC6 27,924 25,000 SH DEFINED 1 25,000 0 MARSH & MCLENNAN COS INC COMMON COM 571748102 11,117 245 SH DEFINED 1 245 0 MARUBENI CORP ADR COM 573810207 1,596 65 SH DEFINED 1 65 0 MATSUSHITA EL INDL ADR COM 576879209 1,651 115 SH DEFINED 1 115 0 MAXIM INTEGRATED PROD COM 57772K101 27,253,472 519,906 SH DEFINED 1 519,906 0 MBF HLDGS BERHAD SPONS ADR N COM 552980203 6 10 SH DEFINED 1 10 0 MC DONALDS CORP COM 580135101 11,492 442 SH DEFINED 1 442 0 MCGRAW-HILL COMPANIES COM 580645109 603,142 7,877 SH SOLE 7,877 0 MEDCO HEALTH SOLUTIONS INC COM 58405U102 4,500 120 SH DEFINED 1 120 0 MEDIMMUNE INC COM 584699102 21,051 900 SH DEFINED 1 900 0 MEDTRONIC INC COM 585055106 47,404 973 SH DEFINED 1 973 0 MERCK & CO COM 589331107 63,079 1,328 SH DEFINED 1 1,328 0 MERRILL LYNCH & CO INC COM 590188108 5,991 111 SH DEFINED 1 111 0 MGM MIRAGE COM 552953101 18,306 390 SH DEFINED 1 390 0 MICROCHIP TECHNOLOGY INC COM 595017104 1,640 52 SH DEFINED 1 52 0 MICRON TECH INC COM 595112103 4,210 275 SH DEFINED 1 275 0 MICROSOFT CORP COM 594918104 50,979 1,785 SH DEFINED 1 1,785 0 MITSUBISHI TOKYO FIN GP ADR COM 606816106 2,314 247 SH DEFINED 1 247 0 MITSUBISHI TOKYO FIN GP ADR COM 606816106 779,069 83,145 SH SOLE 83,145 0 MONSANTO CO/NEW COM 61166W101 5,274 137 SH DEFINED 1 137 0 MOODYS CORP COM 615369105 26,626,858 411,798 SH DEFINED 1 411,798 0 MOOG INC CL A COM 615394202 252,162 6,795 SH DEFINED 1 6,795 0 MORGAN STANLEY COM 617446448 5,171 98 SH DEFINED 1 98 0 MOTOROLA INC COM 620076109 7,373 404 SH DEFINED 1 404 0 MRGN STAN CAP II 7250 *31JL3 COM 61747N109 5,080 200 SH DEFINED 1 200 0 MYLAN LABORATORIES INC COM 628530107 6,034 298 SH DEFINED 1 298 0 NASDAQ-100 TRUST SERIES I COM 631100104 13,209 350 SH DEFINED 1 350 0 NATIONAL AUSTRALIA BA COM 632525408 221,553 2,125 SH SOLE 2,125 0 NATIONAL SEMICONDUCTOR COM 637640103 23,309 1,060 SH DEFINED 1 1,060 0 NESTLE SPON ADR REP REG SHR COM 641069406 1,133 17 SH DEFINED 1 17 0 NETWORK APPLIANCE INC COM 64120L104 2,971 138 SH DEFINED 1 138 0 NEWS CP LTD ADR NEW COM 652487703 1,310 37 SH DEFINED 1 37 0 NEXTEL COMMUNICATIONS INC CL COM 65332V103 10,290 386 SH DEFINED 1 386 0 NIKE INC B COM 654106103 19,618 259 SH DEFINED 1 259 0 NISSAN MTRS SPONSORED COM 654744408 682,025 30,502 SH SOLE 30,502 0 NOBLE CORP COM COM G65422100 846,576 22,343 SH SOLE 22,343 0 NOKIA CORP ADR SPONSO COM 654902204 811,419 55,806 SH SOLE 55,806 0

NOKIA CORP ADR SPONSO COM 654902204 2,908 200 SH DEFINED 1 200 0 NOMURA HLDGS INC SPON COM 65535H208 624,462 41,770 SH SOLE 41,770 0 NORFOLK SOUTHERN CORP COM 655844108 1,856 70 SH DEFINED 1 70 0 NOVARTIS AG ADR COM 66987V109 2,047 46 SH DEFINED 1 46 0 NTT DOCOMO INC SPON A COM 62942M201 624,217 29,504 SH SOLE 29,504 0 NUCOR CORPORATION COM 670346105 2,763 36 SH DEFINED 1 36 0 NUTRACEUTICAL INTL CO COM 67060Y101 466,945 21,912 SH DEFINED 1 21,912 0 OLD DOMINION FGHT LIN COM 679580100 228,824 7,762 SH DEFINED 1 7,762 0 OMI CORP COM COM Y6476W104 251,923 21,170 SH DEFINED 1 21,170 0 OMNICOM GROUP COM 681919106 11,838 156 SH DEFINED 1 156 0 ORACLE CORP COM 68389X105 23,095 1,936 SH DEFINED 1 1,936 0 OWENS & MINOR INC NEW COM 690732102 205,128 7,920 SH DEFINED 1 7,920 0 PACCAR INC COM COM 693718108 586,337 10,111 SH SOLE 10,111 0 PACIFIC BELL NOTE COM 694032AM5 75,099 75,000 SH DEFINED 1 75,000 0 PARADYNE NETWORKS INC COM 69911G107 1,100 200 SH DEFINED 1 200 0 PAYCHEX INC COM 704326107 17,312 511 SH DEFINED 1 511 0 PEARSON PLC SP ADR COM 705015105 1,984 159 SH DEFINED 1 159 0 PEDIATRIC SVCS AMER I COM 705323103 127,915 10,080 SH DEFINED 1 10,080 0 PENNEY J C CO COM 708160106 3,096 82 SH DEFINED 1 82 0 PEPSICO INC NC COM 713448108 51,239 951 SH DEFINED 1 951 0 PFIZER INC COM 717081103 23,070,267 672,995 SH DEFINED 1 672,995 0 PHARMACOPEIA DRUG DISCOVERY COM 7171EP101 4,079 712 SH DEFINED 1 712 0 PIONEER CP SPON ADR COM 723646105 1,016 39 SH DEFINED 1 39 0 PIXAR COM 725811103 1,598 23 SH DEFINED 1 23 0 PLAINS EXPLORATION & COM 726505100 257,616 14,039 SH DEFINED 1 14,039 0 POLYAIR INTER PACK IN COM 731912101 99,500 10,000 SH DEFINED 1 10,000 0 POSCO SPONSORED ADR COM 693483109 631,798 18,854 SH SOLE 18,854 0 POST PROPERTIES INC COM 737464107 320 11 SH DEFINED 1 11 0 PPG INDS INC COM COM 693506107 689,827 11,039 SH SOLE 11,039 0 PRECISION DRILLING CORP COM 74022D100 1,104 23 SH DEFINED 1 23 0 PROCTER & GAMBLE COM 742718109 136,208 2,502 SH DEFINED 1 2,502 0 PROGRESSIVE CORP OHIO COM 743315103 4,520 53 SH DEFINED 1 53 0 PROLOGIS COM 743410102 5,201 158 SH DEFINED 1 158 0 PROVIDIAN FINCL CORP COM 74406A102 1,173 80 SH DEFINED 1 80 0 PUBLIC STORAGE INC COM 74460D109 4,002 87 SH DEFINED 1 87 0 PUMA AG R DASSLER SPORT ADR COM 745878207 761 3 SH DEFINED 1 3 0 QLOGIC CORP COM COM 747277101 608,459 22,883 SH SOLE 22,883 0 QUALCOMM INC COM 747525103 12,260 168 SH DEFINED 1 168 0 QUEST DIAGNOSTICS INC COM 74834L100 12,657 149 SH DEFINED 1 149 0 R & B INC COM COM 749124103 197,663 10,090 SH DEFINED 1 10,090 0 REAL NETWORKS INC COM 75605L104 1,368 200 SH DEFINED 1 200 0 RECKSON ASSOCIATES REAL CORP COM 75621K106 1,537 56 SH DEFINED 1 56 0 RED HAT INC COM 756577102 1,607 70 SH DEFINED 1 70 0 REGENCY CENTERS CORP COM 758849103 2,059 48 SH DEFINED 1 48 0 ROCHE HLDG LTD SPONSO COM 771195104 262,944 2,656 SH SOLE 2,656 0 ROCHE HLDG LTD SPONSO COM 771195104 1,683 17 SH DEFINED 1 17 0 ROPER INDS INC NEW CO COM 776696106 1,203,151 21,145 SH SOLE 21,145 0 ROUSE CO COM 779273101 5,225 110 SH DEFINED 1 110 0

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