13F-HR 1 d51274_13fhr.txt FORM 13F-HR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F-HR Form 13F COVER PAGE Report for the Calendar Year of Quarter Ended: June 30, 2002 ------------------------ Check here if Amendment |_|; Amendment Number: ------------- This Amendment (Check only one.):|_| is a restatement. |_| adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Vector Capital Management, LLC ------------------------------ Address: 383 Main Avenue ------------------------------ Norwalk, CT 06851 ------------------------------ Form 13F File Number: 28- 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: John McCleary Title: Controller Phone: (203) 840-3600 Signature, Place, and Date of Signing: /s/ John McCleary Norwalk, Connecticut August 5, 2001 ------------------------- -------------------- -------------- [Signature] [City, State] [Date] Report Type (Check only one.): |X| 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) |_| 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) |_| 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 ------------- Form 13F Information Table Entry Total: 415 ------------- Form 13F Information Table Value Total: $ 219,810 ------------- (thousands) List of Other Included Managers: None Form 13F INFORMATION TABLE

CHARLES SCHWAB CORP NEW common 808513105 31 2,800 SH Sole 2,800 --------- ---------------------------- CHARLOTTE RUSSE HLDG INC common 161048103 7 300 SH Sole 300 --------- ---------------------------- CHARTER ONE FINANCIAL INC common 160903100 855 24,856 SH Sole 24,856 --------- ---------------------------- CHARTERED SEMICONDUCTOR MFG common 16133R106 128 6,400 SH Sole 6,400 --------- ---------------------------- CHEESECAKE FACTORY INC common 163072101 135 3,800 SH Sole 3,800 --------- ---------------------------- CHEVRONTEXACO CORP common 166764100 45 504 SH Sole 504 --------- ---------------------------- CHICOS FAS INC common 168615102 331 9,100 SH Sole 9,100 --------- ---------------------------- CHIRON CORP common 170040109 47 1,338 SH Sole 1,338 --------- ---------------------------- CHUBB CORP common 171232101 326 4,600 SH Sole 4,600 --------- ---------------------------- CIRCUIT CITY STORES INC common 172737306 80 3,700 SH Sole 3,700 --------- ---------------------------- CITIGROUP INC common 172967101 1,314 33,900 SH Sole 33,900 --------- ---------------------------- CITRIX SYSTEMS INC common 177376100 0 18 SH Sole 18 --------- ---------------------------- CLAIRES STORES INC (FLA) common 179584107 7 300 SH Sole 300 --------- ---------------------------- CLEAR CHANNEL COMMUNICATIONS common 184502102 1,885 58,855 SH Sole 58,855 --------- ---------------------------- CLOROX CO common 189054109 2,028 49,036 SH Sole 49,036 --------- ---------------------------- CMS ENERGY CORP common 125896100 52 4,700 SH Sole 4,700 --------- ---------------------------- CNA FINANCIAL CORP common 126117100 37 1,400 SH Sole 1,400 --------- ---------------------------- COCA COLA ENTERPRISES INC common 191219104 1,952 88,399 SH Sole 88,399 --------- ---------------------------- COGNOS INC common 19244C109 88 4,000 SH Sole 4,000 --------- ---------------------------- COLONIAL BANCGROUP INC common 195493309 3 200 SH Sole 200 --------- ---------------------------- COMCAST CORP-SPECIAL CL A common 200300200 316 13,254 SH Sole 13,254 --------- ---------------------------- COMERICA INC common 200340107 1,400 22,800 SH Sole 22,800 --------- ---------------------------- COMMERCE BANCORP INC-N.J. common 200519106 393 8,900 SH Sole 8,900 --------- ---------------------------- COMPUTER ASSOCIATES INTL INC common 204912109 129 8,100 SH Sole 8,100 --------- ---------------------------- CONCORD EFS INC common 206197105 558 18,523 SH Sole 18,523 --------- ---------------------------- CONSOL ENERGY INC common 20854P109 72 3,400 SH Sole 3,400 --------- ---------------------------- CONSTELLATION ENERGY GROUP INC common 210371100 108 3,681 SH Sole 3,681 --------- ---------------------------- CONVERGYS CORP common 212485106 66 3,374 SH Sole 3,374 --------- ---------------------------- COOPER INDUSTRIES LTD common G24182100 550 14,000 SH Sole 14,000 --------- ---------------------------- COOPER TIRE & RUBBER CO common 216831107 478 23,263 SH Sole 23,263 --------- ---------------------------- COPART INC common 217204106 10 600 SH Sole 600 --------- ---------------------------- COSTCO WHOLESALE CORP-NEW common 22160K105 1,462 37,845 SH Sole 37,845 --------- ---------------------------- COUNTRYWIDE CREDIT INDS INC common 222372104 212 4,400 SH Sole 4,400 --------- ---------------------------- COVENTRY HEALTH CARE INC common 222862104 159 5,600 SH Sole 5,600 --------- ---------------------------- COX COMMUNICATIONS INC NEW common 224044107 11 400 SH Sole 400 --------- ---------------------------- CRANE CO common 224399105 249 9,800 SH Sole 9,800 --------- ---------------------------- CREDENCE SYSTEMS CORP common 225302108 137 7,700 SH Sole 7,700 --------- ---------------------------- CRESCENT REAL ESTATE EQUITIES common 225756105 191 10,200 SH Sole 10,200 --------- ---------------------------- CULLEN FROST BANKERS INC common 229899109 50 1,400 SH Sole 1,400 --------- ---------------------------- CV THERAPEUTICS INC common 126667104 37 2,000 SH Sole 2,000 --------- ---------------------------- CVS CORP common 126650100 2,255 73,700 SH Sole 73,700 --------- ---------------------------- CYMER INC common 232572107 95 2,700 SH Sole 2,700 --------- ---------------------------- DANA CORP common 235811106 217 11,700 SH Sole 11,700 --------- ---------------------------- DARDEN RESTAURANTS INC common 237194105 909 36,804 SH Sole 36,804 --------- ---------------------------- DAVITA INC common 23918K108 52 2,200 SH Sole 2,200 --------- ---------------------------- DELPHI CORP common 247126105 206 15,600 SH Sole 15,600 --------- ---------------------------- DELTA AIR LINES INC common 247361108 206 10,300 SH Sole 10,300 --------- ---------------------------- DELUXE CORP common 248019101 814 20,919 SH Sole 20,919 --------- ---------------------------- DENTSPLY INTERNATIONAL INC NEW common 249030107 74 2,000 SH Sole 2,000 --------- ---------------------------- DEVELOPERS DIVERSIFIED REALTY common 251591103 126 5,600 SH Sole 5,600 --------- ---------------------------- DIAGNOSTIC PRODUCTS CORP common 252450101 30 800 SH Sole 800 --------- ---------------------------- DIAMOND OFFSHORE DRILLING INC common 25271C102 105 3,700 SH Sole 3,700 --------- ---------------------------- DILLARDS INC-CL A common 254067101 849 32,300 SH Sole 32,300 --------- ---------------------------- DOLLAR GENERAL CORP common 256669102 36 1,908 SH Sole 1,908 --------- ---------------------------- DONALDSON CO INC common 257651109 200 5,700 SH Sole 5,700 --------- ---------------------------- DQE INC common 23329J104 56 4,000 SH Sole 4,000 --------- ---------------------------- DUKE ENERGY CORP common 264399106 46 1,465 SH Sole 1,465 --------- ---------------------------- EASTMAN KODAK CO common 277461109 452 15,500 SH Sole 15,500 --------- ---------------------------- EATON CORP common 278058102 255 3,500 SH Sole 3,500 --------- ---------------------------- EDISON INTERNATIONAL common 281020107 51 3,000 SH Sole 3,000 --------- ---------------------------- ELECTRONIC DATA SYSTEMS CORP common 285661104 1,363 36,700 SH Sole 36,700 --------- ---------------------------- ELI LILLY & CO common 532457108 1,466 26,000 SH Sole 26,000 --------- ---------------------------- EMERSON ELECTRIC CO common 291011104 1,322 24,700 SH Sole 24,700 --------- ---------------------------- ENGELHARD CORP common 292845104 13 445 SH Sole 445 --------- ---------------------------- ENTERGY CORP NEW common 29364G103 36 837 SH Sole 837 --------- ---------------------------- EQUITY OFFICE PROPERTIES TRUST common 294741103 2,393 79,500 SH Sole 79,500 --------- ---------------------------- ESTEE LAUDER COMPANIES INC common 518439104 218 6,200 SH Sole 6,200 --------- ---------------------------- EVEREST RE GROUP LTD common G3223R108 190 3,400 SH Sole 3,400 --------- ---------------------------- EXELON CORP common 30161N101 105 2,000 SH Sole 2,000 --------- ---------------------------- FACTSET RESEARCH SYSTEMS INC common 303075105 68 2,300 SH Sole 2,300 --------- ---------------------------- FAIR ISAAC & CO INC common 303250104 227 6,900 SH Sole 6,900 --------- ---------------------------- FAIRCHILD SEMICONDUCTOR INTL common 303726103 85 3,500 SH Sole 3,500 --------- ---------------------------- FANNIE MAE common 313586109 2,515 34,108 SH Sole 34,108 --------- ---------------------------- FEDERATED DEPARTMENT STORES common 31410H101 1,080 27,200 SH Sole 27,200 --------- ---------------------------- FIRST DATA CORP common 319963104 1,056 28,400 SH Sole 28,400 --------- ---------------------------- FIRST HEALTH GROUP CORP common 320960107 219 7,800 SH Sole 7,800 --------- ---------------------------- FIRST TENNESSEE NATIONAL CORP common 337162101 153 4,000 SH Sole 4,000 --------- ---------------------------- FIRSTENERGY CORP common 337932107 82 2,471 SH Sole 2,471 --------- ---------------------------- FISERV INC common 337738108 202 5,503 SH Sole 5,503 --------- ---------------------------- FLOWSERVE CORP common 34354P105 18 600 SH Sole 600 --------- ---------------------------- FLUOR CORP NEW common 343412102 397 10,200 SH Sole 10,200 --------- ---------------------------- FOOTSTAR INC common 344912100 27 1,100 SH Sole 1,100 --------- ---------------------------- FOREST OIL CORP common 346091705 148 5,200 SH Sole 5,200 --------- ---------------------------- FORTUNE BRANDS INC common 349631101 179 3,200 SH Sole 3,200 --------- ---------------------------- FREDDIE MAC-VOTING COMMON common 313400301 2,036 33,265 SH Sole 33,265 --------- ----------------------------

FREEMARKETS INC common 356602102 8 600 SH Sole 600 --------- ---------------------------- FREEPORT MCMORAN COPPER & GOLD common 35671D857 416 23,305 SH Sole 23,305 --------- ---------------------------- GARTNER INC CL A common 366651107 0 12 SH Sole 12 --------- ---------------------------- GENENTECH INC common 368710406 157 4,700 SH Sole 4,700 --------- ---------------------------- GENERAL ELECTRIC CO common 369604103 494 17,000 SH Sole 17,000 --------- ---------------------------- GENERAL MILLS INC common 370334104 103 2,328 SH Sole 2,328 --------- ---------------------------- GENERAL MOTORS CORP common 370442105 994 18,605 SH Sole 18,605 --------- ---------------------------- GENESCO INC common 371532102 246 10,100 SH Sole 10,100 --------- ---------------------------- GENUINE PARTS CO common 372460105 457 13,100 SH Sole 13,100 --------- ---------------------------- GEORGIA PACIFIC CORP common 373298108 2,286 93,007 SH Sole 93,007 --------- ---------------------------- GILEAD SCIENCES INC common 375558103 59 1,800 SH Sole 1,800 --------- ---------------------------- GOLDEN WEST FINANCIAL CORP-DEL common 381317106 146 2,120 SH Sole 2,120 --------- ---------------------------- GOLDMAN SACHS GROUP INC common 38141G104 403 5,500 SH Sole 5,500 --------- ---------------------------- GOODRICH CORPORATION common 382388106 585 21,400 SH Sole 21,400 --------- ---------------------------- GREAT PLAINS ENERGY INC common 391164100 92 4,500 SH Sole 4,500 --------- ---------------------------- GREATER BAY BANCORP common 391648102 185 6,000 SH Sole 6,000 --------- ---------------------------- GROUP 1 AUTOMOTIVE INC common 398905109 88 2,300 SH Sole 2,300 --------- ---------------------------- GUIDANT CORP common 401698105 80 2,637 SH Sole 2,637 --------- ---------------------------- H & R BLOCK INC common 093671105 353 7,649 SH Sole 7,649 --------- ---------------------------- HARRAHS ENTERTAINMENT INC common 413619107 102 2,300 SH Sole 2,300 --------- ---------------------------- HARTFORD FINANCIAL SERVICES common 416515104 797 13,400 SH Sole 13,400 --------- ---------------------------- HASBRO INC common 418056107 151 11,164 SH Sole 11,164 --------- ---------------------------- HAWAIIAN ELECTRIC INDUSTRIES common 419870100 21 500 SH Sole 500 --------- ---------------------------- HCA INC common 404119109 1,014 21,345 SH Sole 21,345 --------- ---------------------------- HEALTH CARE PROPERTY INVS INC common 421915109 56 1,300 SH Sole 1,300 --------- ---------------------------- HEALTH MANAGEMENT ASSOCIATES common 421933102 454 22,555 SH Sole 22,555 --------- ---------------------------- HEALTHSOUTH CORP common 421924101 391 30,600 SH Sole 30,600 --------- ---------------------------- HELIX TECHNOLOGY CORP common 423319102 33 1,600 SH Sole 1,600 --------- ---------------------------- HENRY SCHEIN INC common 806407102 58 1,300 SH Sole 1,300 --------- ---------------------------- HERSHEY FOODS CORP common 427866108 1,306 20,900 SH Sole 20,900 --------- ---------------------------- HEWLETT PACKARD CO common 428236103 143 9,345 SH Sole 9,345 --------- ---------------------------- HIGHWOODS PROPERTIES INC common 431284108 8 300 SH Sole 300 --------- ---------------------------- HILTON HOTELS CORP common 432848109 43 3,109 SH Sole 3,109 --------- ---------------------------- HNC SOFTWARE INC common 40425P107 175 10,500 SH Sole 10,500 --------- ---------------------------- HONEYWELL INTL INC common 438516106 1,131 32,100 SH Sole 32,100 --------- ---------------------------- HOUSEHOLD INTERNATIONAL INC common 441815107 572 11,500 SH Sole 11,500 --------- ---------------------------- HUDSON UNITED BANCORP common 444165104 3 100 SH Sole 100 --------- ---------------------------- HUMANA INC common 444859102 61 3,874 SH Sole 3,874 --------- ---------------------------- HUNTINGTON BANCSHARES INC common 446150104 198 10,177 SH Sole 10,177 --------- ---------------------------- ICN PHARMACEUTICALS INC NEW common 448924100 300 12,400 SH Sole 12,400 --------- ---------------------------- ICOS CORP common 449295104 56 3,300 SH Sole 3,300 --------- ---------------------------- IDEC PHARMACEUTICALS CORP common 449370105 53 1,500 SH Sole 1,500 --------- ---------------------------- ILLINOIS TOOL WORKS INC common 452308109 217 3,182 SH Sole 3,182 --------- ---------------------------- IMMUNEX CORP NEW common 452528102 11 509 SH Sole 509 --------- ---------------------------- IMS HEALTH INC common 449934108 165 9,200 SH Sole 9,200 --------- ---------------------------- INDEPENDENCE COMMUNITY BANK common 453414104 132 4,600 SH Sole 4,600 --------- ---------------------------- INDYMAC BANCORP INC common 456607100 93 4,100 SH Sole 4,100 --------- ---------------------------- INGERSOLL RAND CO LTD common G4776G101 931 20,400 SH Sole 20,400 --------- ---------------------------- INTEGRATED DEVICE TECHNOLOGY common 458118106 76 4,200 SH Sole 4,200 --------- ---------------------------- INTERMUNE INC common 45884X103 11 500 SH Sole 500 --------- ---------------------------- INTERNATIONAL PAPER CO common 460146103 227 5,200 SH Sole 5,200 --------- ---------------------------- INTL FLAVORS & FRAGRANCES INC common 459506101 336 10,354 SH Sole 10,354 --------- ---------------------------- IRON MOUNTAIN INC PA common 462846106 117 3,800 SH Sole 3,800 --------- ---------------------------- ISTAR FINANCIAL INC common 45031U101 111 3,900 SH Sole 3,900 --------- ---------------------------- ITT INDUSTRIES INC common 450911102 179 2,537 SH Sole 2,537 --------- ---------------------------- J C PENNEY CO INC common 708160106 792 35,955 SH Sole 35,955 --------- ---------------------------- J D EDWARDS & CO common 281667105 2 200 SH Sole 200 --------- ---------------------------- J P MORGAN CHASE & CO common 46625H100 1,001 29,500 SH Sole 29,500 --------- ---------------------------- JACK IN THE BOX INC common 466367109 140 4,400 SH Sole 4,400 --------- ---------------------------- JDA SOFTWARE GROUP INC common 46612K108 25 900 SH Sole 900 --------- ---------------------------- JEFFERIES GROUP INC NEW common 472319102 105 2,500 SH Sole 2,500 --------- ---------------------------- JOHNSON & JOHNSON common 478160104 1,907 36,500 SH Sole 36,500 --------- ---------------------------- JOHNSON CONTROLS INC common 478366107 522 6,400 SH Sole 6,400 --------- ---------------------------- KB HOME common 48666K109 170 3,294 SH Sole 3,294 --------- ---------------------------- KEMET CORP common 488360108 68 3,800 SH Sole 3,800 --------- ---------------------------- KERR MCGEE CORP common 492386107 2,008 37,500 SH Sole 37,500 --------- ---------------------------- KEYCORP NEW common 493267108 1,474 54,000 SH Sole 54,000 --------- ---------------------------- KIMBERLY CLARK CORP common 494368103 377 6,082 SH Sole 6,082 --------- ---------------------------- KINDER MORGAN INC KANS common 49455P101 446 11,724 SH Sole 11,724 --------- ---------------------------- KING PHARMACEUTICALS INC common 495582108 157 7,047 SH Sole 7,047 --------- ---------------------------- KLA-TENCOR CORP common 482480100 990 22,500 22,500 --------- ---------------------------- KNIGHT-RIDDER INC common 499040103 501 7,964 SH Sole 7,964 --------- ---------------------------- KOHLS CORP common 500255104 313 4,471 SH Sole 4,471 --------- ---------------------------- KROGER CO common 501044101 212 10,667 SH Sole 10,667 --------- ---------------------------- L-3 COMMUNICATIONS HLDINGS INC common 502424104 205 3,800 SH Sole 3,800 --------- ---------------------------- LABORATORY CORP AMER HLDGS common 50540R409 114 2,500 SH Sole 2,500 --------- ---------------------------- LAM RESEARCH CORP common 512807108 129 7,200 SH Sole 7,200 --------- ---------------------------- LEGGETT & PLATT INC common 524660107 606 25,900 SH Sole 25,900 --------- ---------------------------- LENNAR CORP common 526057104 184 3,000 SH Sole 3,000 --------- ---------------------------- LIFEPOINT HOSPITALS INC common 53219L109 127 3,500 SH Sole 3,500 --------- ---------------------------- LINCARE HOLDINGS INC common 532791100 68 2,100 SH Sole 2,100 --------- ---------------------------- LINCOLN NATIONAL CORP-IND common 534187109 142 3,387 SH Sole 3,387 --------- ---------------------------- LOCKHEED MARTIN CORP common 539830109 38 553 SH Sole 553 --------- ---------------------------- LOEWS CORP common 540424108 1,719 32,446 SH Sole 32,446 --------- ---------------------------- LSI LOGIC CORP common 502161102 11 1,300 SH Sole 1,300 --------- ----------------------------

LTX CORP common 502392103 24 1,700 SH Sole 1,700 --------- ---------------------------- MANOR CARE INC NEW common 564055101 366 15,926 SH Sole 15,926 --------- ---------------------------- MARRIOTT INTERNATIONAL INC NEW common 571903202 169 4,436 SH Sole 4,436 --------- ---------------------------- MARSHALL & ILSLEY CORP common 571834100 50 1,630 SH Sole 1,630 --------- ---------------------------- MASCO CORP common 574599106 252 9,300 SH Sole 9,300 --------- ---------------------------- MASSEY ENERGY CORP common 576206106 28 2,200 SH Sole 2,200 --------- ---------------------------- MATTEL INC common 577081102 114 5,419 SH Sole 5,419 --------- ---------------------------- MAY DEPARTMENT STORES CO common 577778103 487 14,790 SH Sole 14,790 --------- ---------------------------- MAYTAG CORP common 578592107 154 3,600 SH Sole 3,600 --------- ---------------------------- MCDONALDS CORP common 580135101 1,004 35,300 SH Sole 35,300 --------- ---------------------------- MCKESSON CORP common 58155Q103 1,699 51,942 SH Sole 51,942 --------- ---------------------------- MEDICIS PHARMACEUTICAL CORP common 584690309 192 4,500 SH Sole 4,500 --------- ---------------------------- MEDIMMUNE INC common 584699102 828 31,356 SH Sole 31,356 --------- ---------------------------- MENS WEARHOUSE INC common 587118100 99 3,900 SH Sole 3,900 --------- ---------------------------- MERCK & CO INC common 589331107 608 12,000 SH Sole 12,000 --------- ---------------------------- MERCURY INTERACTIVE CORP common 589405109 659 28,700 SH Sole 28,700 --------- ---------------------------- METLIFE INC common 59156R108 396 13,763 SH Sole 13,763 --------- ---------------------------- MGIC INVESTMENT CORP-WISC common 552848103 1,268 18,695 SH Sole 18,695 --------- ---------------------------- MICHAELS STORES INC common 594087108 281 7,200 SH Sole 7,200 --------- ---------------------------- MICROCHIP TECHNOLOGY INC common 595017104 115 4,200 SH Sole 4,200 --------- ---------------------------- MID ATLANTIC MEDICAL SERVICES common 59523C107 182 5,800 SH Sole 5,800 --------- ---------------------------- MORGAN STANLEY common 617446448 250 5,800 SH Sole 5,800 --------- ---------------------------- MOTOROLA INC common 620076109 1 39 SH Sole 39 --------- ---------------------------- MSC SOFTWARE CORP common 553531104 1 100 SH Sole 100 --------- ---------------------------- NATIONAL SEMICONDUCTOR CORP common 637640103 475 16,300 SH Sole 16,300 --------- ---------------------------- NATIONAL-OILWELL INC common 637071101 128 6,100 SH Sole 6,100 --------- ---------------------------- NCR CORP NEW common 62886E108 381 11,000 SH Sole 11,000 --------- ---------------------------- NETIQ CORP common 64115P102 34 1,500 SH Sole 1,500 --------- ---------------------------- NEUROCRINE BIOSCIENCES INC common 64125C109 32 1,100 SH Sole 1,100 --------- ---------------------------- NEWPORT CORP common 651824104 3 200 SH Sole 200 --------- ---------------------------- NEWS CORP LTD-ADR NEW common 652487703 183 8,000 SH Sole 8,000 --------- ---------------------------- NOBLE DRILLING CORP common 655042109 2,774 71,861 SH Sole 71,861 --------- ---------------------------- NOBLE ENERGY INC common 655044105 321 8,900 SH Sole 8,900 --------- ---------------------------- NORDSTROM INC common 655664100 557 24,601 SH Sole 24,601 --------- ---------------------------- NORTHERN TRUST CORP common 665859104 1,379 31,293 SH Sole 31,293 --------- ---------------------------- NORTHROP GRUMMAN CORP common 666807102 200 1,600 SH Sole 1,600 --------- ---------------------------- NOVELLUS SYSTEMS INC common 670008101 99 2,909 SH Sole 2,909 --------- ---------------------------- NUCOR CORP common 670346105 1,125 17,300 SH Sole 17,300 --------- ---------------------------- NVIDIA CORP common 67066G104 96 5,600 SH Sole 5,600 --------- ---------------------------- O REILLY AUTOMOTIVE INC common 686091109 41 1,500 SH Sole 1,500 --------- ---------------------------- OCCIDENTAL PETE CORP DEL COM common 674599105 777 25,900 SH Sole 25,900 --------- ---------------------------- OCEAN ENERGY INC common 67481E106 108 5,000 SH Sole 5,000 --------- ---------------------------- OLD REPUBLIC INTL CORP common 680223104 126 4,000 SH Sole 4,000 --------- ---------------------------- OMNICOM GROUP INC common 681919106 32 701 SH Sole 701 --------- ---------------------------- ORACLE CORP common 68389X105 18 1,927 SH Sole 1,927 --------- ---------------------------- ORTHODONTIC CENTERS OF AMERICA common 68750P103 46 2,000 SH Sole 2,000 --------- ---------------------------- PALL CORP common 696429307 278 13,400 SH Sole 13,400 --------- ---------------------------- PARKER HANNIFIN CORP common 701094104 176 3,692 SH Sole 3,692 --------- ---------------------------- PATTERSON-UTI ENERGY INC common 703481101 141 5,000 SH Sole 5,000 --------- ---------------------------- PEOPLES ENERGY CORP common 711030106 63 1,722 SH Sole 1,722 --------- ---------------------------- PEPSICO INC common 713448108 2,024 42,000 SH Sole 42,000 --------- ---------------------------- PF CHANGS CHINA BISTRO INC common 69333Y108 207 6,600 SH Sole 6,600 --------- ---------------------------- PG&E CORP common 69331C108 97 5,400 SH Sole 5,400 --------- ---------------------------- PHARMACEUTICAL RESOURCES INC common 717125108 186 6,700 SH Sole 6,700 --------- ---------------------------- PHARMACIA CORP common 71713U102 667 17,800 SH Sole 17,800 --------- ---------------------------- PHILIP MORRIS COMPANIES INC common 718154107 2,241 51,300 SH Sole 51,300 --------- ---------------------------- PHOTON DYNAMICS INC common 719364101 63 2,100 SH Sole 2,100 --------- ---------------------------- PIER 1 IMPORTS INC common 720279108 281 13,400 SH Sole 13,400 --------- ---------------------------- PINNACLE WEST CAPITAL CORP common 723484101 17 438 SH Sole 438 --------- ---------------------------- PIONEER NATURAL RESOURCES CO common 723787107 354 13,600 SH Sole 13,600 --------- ---------------------------- PITNEY BOWES INC common 724479100 270 6,800 SH Sole 6,800 --------- ---------------------------- PLACER DOME INC common 725906101 349 31,116 SH Sole 31,116 --------- ---------------------------- PMI GROUP INC common 69344M101 393 10,300 SH Sole 10,300 --------- ---------------------------- PNC FINANCIAL SVCS GROUP INC common 693475105 564 10,780 SH Sole 10,780 --------- ---------------------------- POGO PRODUCING CO common 730448107 150 4,600 SH Sole 4,600 --------- ---------------------------- PPG INDUSTRIES INC common 693506107 2 34 SH Sole 34 --------- ---------------------------- PPL CORPORATION common 69351T106 15 466 SH Sole 466 --------- ---------------------------- PRIDE INTERNATIONAL INC common 74153Q102 144 9,200 SH Sole 9,200 --------- ---------------------------- PROCTER & GAMBLE CO common 742718109 542 6,072 SH Sole 6,072 --------- ---------------------------- PROGRESSIVE CORP-OHIO common 743315103 492 8,500 SH Sole 8,500 --------- ---------------------------- PUGET ENERGY INC common 745310102 23 1,100 SH Sole 1,100 --------- ---------------------------- PULTE HOMES INC common 745867101 7 116 116 --------- ---------------------------- QLOGIC CORP common 747277101 972 25,500 SH Sole 25,500 --------- ---------------------------- QUINTILES TRANSNATIONAL CORP common 748767100 36 2,875 SH Sole 2,875 --------- ---------------------------- R G S ENERGY GROUP INC common 74956K104 16 400 SH Sole 400 --------- ---------------------------- RADIAN GROUP INC common 750236101 415 8,500 SH Sole 8,500 --------- ---------------------------- RAYMOND JAMES FINANCIAL INC common 754730109 168 5,900 SH Sole 5,900 --------- ---------------------------- RECKSON ASSOCIATES REALTY CORP common 75621K106 62 2,500 SH Sole 2,500 --------- ---------------------------- RENAL CARE GROUP INC common 759930100 90 2,900 SH Sole 2,900 --------- ---------------------------- REYNOLDS & REYNOLDS CO-CL A common 761695105 39 1,400 SH Sole 1,400 --------- ---------------------------- REYNOLDS R J TOB HOLDINGS INC common 76182K105 145 2,700 SH Sole 2,700 --------- ---------------------------- ROCKWELL AUTOMATION INC common 773903109 271 13,582 SH Sole 13,582 --------- ---------------------------- ROHM & HAAS CO common 775371107 66 1,639 SH Sole 1,639 --------- ---------------------------- ROSLYN BANCORP INC common 778162107 50 2,300 SH Sole 2,300 --------- ---------------------------- ROSS STORES INC common 778296103 314 7,700 SH Sole 7,700 --------- ----------------------------

ROWAN COMPANIES INC common 779382100 1,463 68,186 SH Sole 68,186 --------- ---------------------------- RYDER SYSTEM INC common 783549108 824 30,400 SH Sole 30,400 --------- ---------------------------- RYLAND GROUP INC common 783764103 294 5,900 SH Sole 5,900 --------- ---------------------------- SAFEWAY INC common 786514208 1,101 37,715 SH Sole 37,715 --------- ---------------------------- SAP AKTIENGESELLSCHAFT common 803054204 172 7,100 SH Sole 7,100 --------- ---------------------------- SCHLUMBERGER LTD common 806857108 1,972 42,400 SH Sole 42,400 --------- ---------------------------- SCIENTIFIC ATLANTA INC common 808655104 143 8,700 SH Sole 8,700 --------- ---------------------------- SEALED AIR CORP NEW common 81211K100 1,703 42,300 SH Sole 42,300 --------- ---------------------------- SEARS ROEBUCK & CO common 812387108 926 17,053 SH Sole 17,053 --------- ---------------------------- SEMPRA ENERGY common 816851109 247 11,183 SH Sole 11,183 --------- ---------------------------- SHELL TRANSPORT & TRADING common 822703609 149 3,300 SH Sole 3,300 --------- ---------------------------- SHERWIN WILLIAMS CO common 824348106 685 22,901 SH Sole 22,901 --------- ---------------------------- SICOR INC common 825846108 24 1,300 SH Sole 1,300 --------- ---------------------------- SIEBEL SYSTEMS INC common 826170102 3 200 SH Sole 200 --------- ---------------------------- SMITH INTERNATIONAL INC common 832110100 61 900 SH Sole 900 --------- ---------------------------- SMUCKER J M COMPANY common 832696405 1 22 SH Sole 22 --------- ---------------------------- SONIC AUTOMOTIVE INC-CL A common 83545G102 206 8,000 SH Sole 8,000 --------- ---------------------------- SOUTHWEST AIRLINES CO common 844741108 79 4,900 SH Sole 4,900 --------- ---------------------------- SPINNAKER EXPL CO common 84855W109 94 2,600 SH Sole 2,600 --------- ---------------------------- SPRINT CORP common 852061100 181 17,054 SH Sole 17,054 --------- ---------------------------- ST JUDE MEDICAL INC common 790849103 487 13,198 SH Sole 13,198 --------- ---------------------------- ST PAUL COMPANIES INC common 792860108 1,754 45,063 SH Sole 45,063 --------- ---------------------------- STANDARD & POORS DEPOSITORY common 78462F103 47,798 483,000 SH Sole 483,000 --------- ---------------------------- STANLEY WORKS common 854616109 394 9,600 SH Sole 9,600 --------- ---------------------------- STAPLES INC common 855030102 16 825 SH Sole 825 --------- ---------------------------- STARWOOD HOTELS & RESORTS common 85590A203 398 12,100 SH Sole 12,100 --------- ---------------------------- STILWELL FINANCIAL INC common 860831106 187 10,300 SH Sole 10,300 --------- ---------------------------- STONE ENERGY CORP common 861642106 8 200 SH Sole 200 --------- ---------------------------- SUNOCO INC common 86764P109 944 26,500 SH Sole 26,500 --------- ---------------------------- TALBOTS INC common 874161102 196 5,600 SH Sole 5,600 --------- ---------------------------- TARGET CORP common 87612E106 2,044 53,655 SH Sole 53,655 --------- ---------------------------- TAUBMAN CENTERS INC common 876664103 2 100 SH Sole 100 --------- ---------------------------- TECHNITROL INC common 878555101 47 2,000 SH Sole 2,000 --------- ---------------------------- TERADYNE INC common 880770102 206 8,780 SH Sole 8,780 --------- ---------------------------- TEXAS INSTRUMENTS INC common 882508104 287 12,100 SH Sole 12,100 --------- ---------------------------- THE PEPSI BOTTLING GROUP INC common 713409100 1,836 59,600 SH Sole 59,600 --------- ---------------------------- THERMO ELECTRON CORP common 883556102 295 17,853 SH Sole 17,853 --------- ---------------------------- THOMAS & BETTS CORP common 884315102 28 1,500 SH Sole 1,500 --------- ---------------------------- THORNBURG MORTGAGE INC common 885218107 110 5,600 SH Sole 5,600 --------- ---------------------------- THQ INC NEW common 872443403 27 900 SH Sole 900 --------- ---------------------------- TIFFANY & CO NEW common 886547108 345 9,800 SH Sole 9,800 --------- ---------------------------- TJX COMPANIES INC NEW common 872540109 206 10,518 SH Sole 10,518 --------- ---------------------------- TMP WORLDWIDE INC common 872941109 267 12,400 SH Sole 12,400 --------- ---------------------------- TOLL BROTHERS INC common 889478103 208 7,100 SH Sole 7,100 --------- ---------------------------- TORCHMARK CORP common 891027104 775 20,275 SH Sole 20,275 --------- ---------------------------- TRANSOCEAN INC common G90078109 2,212 71,000 SH Sole 71,000 --------- ---------------------------- TRIAD HOSPITAL INC common 89579K109 51 1,200 SH Sole 1,200 --------- ---------------------------- TUPPERWARE CORP common 899896104 94 4,500 SH Sole 4,500 --------- ---------------------------- TXU CORP common 873168108 19 375 SH Sole 375 --------- ---------------------------- UNION PACIFIC CORP common 907818108 933 14,745 SH Sole 14,745 --------- ---------------------------- UNION PLANTERS CORP common 908068109 479 14,801 SH Sole 14,801 --------- ---------------------------- UNIONBANCAL CORP common 908906100 98 2,100 SH Sole 2,100 --------- ---------------------------- UNITED STATES STL CORP NEW common 912909108 358 18,000 SH Sole 18,000 --------- ---------------------------- UNITEDHEALTH GROUP INC common 91324P102 221 2,415 SH Sole 2,415 --------- ---------------------------- USA EDUCATION INC common 90390U102 12 123 SH Sole 123 --------- ---------------------------- UST INC common 902911106 1,442 42,400 SH Sole 42,400 --------- ---------------------------- V F CORP common 918204108 576 14,700 SH Sole 14,700 --------- ---------------------------- VARCO INTL INC DEL common 922122106 121 6,900 SH Sole 6,900 --------- ---------------------------- VARIAN INC common 922206107 86 2,600 SH Sole 2,600 --------- ---------------------------- VARIAN SEMICONDUCTOR EQUIPMENT common 922207105 27 800 SH Sole 800 --------- ---------------------------- VEECO INSTRUMENTS INC-DEL common 922417100 2 100 SH Sole 100 --------- ---------------------------- VERIZON COMMUNICATIONS common 92343V104 95 2,373 SH Sole 2,373 --------- ---------------------------- VIACOM INC-CL B common 925524308 105 2,377 SH Sole 2,377 --------- ---------------------------- VINTAGE PETROLEUM INC common 927460105 1 100 SH Sole 100 --------- ---------------------------- VISHAY INTERTECHNOLOGY INC common 928298108 381 17,300 SH Sole 17,300 --------- ---------------------------- VULCAN MATERIALS CO common 929160109 302 6,900 SH Sole 6,900 --------- ---------------------------- WACHOVIA CORP 2ND NEW common 929903102 187 4,900 SH Sole 4,900 --------- ---------------------------- WAL-MART STORES INC common 931142103 220 4,001 SH Sole 4,001 --------- ---------------------------- WASHINGTON FEDERAL INC common 938824109 212 8,400 SH Sole 8,400 --------- ---------------------------- WASHINGTON MUTUAL INC common 939322103 1,294 34,877 SH Sole 34,877 --------- ---------------------------- WASTE MANAGEMENT INC DEL common 94106L109 2,050 78,700 SH Sole 78,700 --------- ---------------------------- WATSON PHARMACEUTICALS INC common 942683103 279 11,042 SH Sole 11,042 --------- ---------------------------- WELLPOINT HEALTH NETWORKS INC common 94973H108 1,517 19,500 SH Sole 19,500 --------- ---------------------------- WELLS FARGO & CO-NEW common 949746101 1,812 36,200 SH Sole 36,200 --------- ---------------------------- WEYERHAEUSER CO common 962166104 460 7,200 SH Sole 7,200 --------- ---------------------------- WHIRLPOOL CORP common 963320106 1,275 19,500 SH Sole 19,500 --------- ---------------------------- WILLIAMS COMPANIES INC common 969457100 2 275 SH Sole 275 --------- ---------------------------- WINN-DIXIE STORES INC common 974280109 170 10,900 SH Sole 10,900 --------- ---------------------------- WORTHINGTON INDUSTRIES INC common 981811102 101 5,606 SH Sole 5,606 --------- ---------------------------- XILINX INC common 983919101 1,523 67,891 SH Sole 67,891 --------- ---------------------------- XL CAPITAL LTD-CL A common G98255105 708 8,356 SH Sole 8,356 --------- ---------------------------- ZALE CORP NEW common 988858106 239 6,600 SH Sole 6,600 --------- ---------------------------- ZIONS BANCORPORATION common 989701107 229 4,390 SH Sole 4,390 --------- ---------------------------- ------- 219,810 =======

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