13F-HR 1 d13fhr.txt GARTMORE SA CAPITAL TRUST UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended September 30, 2005 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: Gartmore SA Capital Trust Address: 1200 River Road Conshohocken, PA 19428 Form 13F File Number: 28-04903 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 understood that all required items, statements, schedules, lists, and Lables, are considered integral part of this form. Person Signing this Report on Behalf of Reporting Manager: Name: /s/ Eric Miller ---------------------------- Title: Vice President - Associate General Counsel Phone: 888-223-2116 Signature, Place, and Date of Signing: /s/ Eric Miller Conshohocken, PA 11/15/05 --------------- (City, State) (Date) (Signature) Report Type (Check only one): [X] 13F HOLDING REPORT. (Check here if all holding of this reporting mangaer 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).) Form 13F Gartmore SA Capital Trust Summary Page Report Summary: Form 13F Gartmore SA Capital Trust Information Table Entry 739 Form 13F Gartmore SA Capital Trust Information Table Value 5,810,529 (thousands)

AVERY DENNISON CORP COMMON 053611109 $ 1,398 21,246 X 21,246 AVID TECHNOLOGY INC COMMON 05367P100 $ 364 8,224 X 8,224 AVISTA CORP COMMON 05379B107 $ 279 14,375 X 14,375 AVNET INC COMMON 053807103 $ 7,301 298,605 X 298,605 AXCELIS TECHNOLOGIES INC COMMON 054540109 $ 270 32,600 X 32,600 B&G FOODS HOLDINGS CORP COMMON 05508R205 $ 426 33,653 X 33,653 BALL CORP COMMON 058498106 $ 7,852 213,710 X 213,710 BANK AMER CORP COMMON 060505104 $ 82,843 1,967,769 X 1,967,769 BANK NEW YORK INC COMMON 064057102 $ 33,067 1,131,476 X 1,131,476 BANK OF AMERICA CORP COMMON 060505104 $ 32,196 743,048 X 743,048 BANKATLANTIC BANCORP COMMON 065908501 $ 367 20,060 X 20,060 BANKATLANTIC BANCORP INC COMMON 065908501 $ 225 13,260 X 13,260 BANKUNITED FINL CORP COMMON 06652B103 $ 345 11,840 X 11,840 BARR PHARMACEUTICALS INC COMMON 068306109 $ 3,538 79,752 X 79,752 BAUSCH & LOMB INC COMMON 071707103 $ 9,996 150,422 X 150,422 BAUSCH + LOMB INC COMMON 071707103 $ 7,213 89,404 X 89,404 BEACON ROOFING SUPPLY INC COMMON 073685109 $ 222 6,800 X 6,800 BEAR STEARNS COS INC COMMON 073902108 $ 30,964 295,985 X 295,985 BEARINGPOINT INC COMMON 074002106 $ 1,563 174,802 X 174,802 BECKMAN COULTER INC COMMON 075811109 $ 1,050 18,704 X 18,704 BECTON DICKINSON + CO COMMON 075887109 $ 4,504 85,900 X 85,900 BELO CORP COMMON 080555105 $ 290 12,879 X 12,879 BERKLEY W R CORP COMMON 084423102 $ 348 8,800 X 8,800 BERKSHIRE HATHAWAY INC D COMMON 084670108 $ 520 6 X 6 BIO RAD LABS INC COMMON 090572207 $ 281 5,500 X 5,500 BIOGEN IDEC INC COMMON 09062X103 $ 1,709 27,932 X 27,932 BIOLASE TECHNOLOGY INC COMMON 090911108 $ 844 103,461 X 103,461 BJ SVCS CO COMMON 055482103 $ 30,185 692,050 X 692,050 BLOCK H & R INC COMMON 093671105 $ 242 4,900 X 4,900 BOISE CASCADE CORP COMMON 097383103 $ 9,077 272,744 X 272,744 BORG WARNER INC COMMON 099724106 $ 203 3,600 X 3,600 BORLAND SOFTWARE CORP COMMON 099849101 $ 1,482 177,457 X 177,457 BOWATER INC COMMON 102183100 $ 2,455 70,522 X 70,522 BOYD GAMING CORP COMMON 103304101 $ 6,485 150,442 X 150,442 BP PLC COMMON 055622104 $ 2,241 38,945 X 38,945 BRINKER INTL INC COMMON 109641100 $ 207 6,632 X 6,632 BRISTOL MYERS SQUIBB CO COMMON 110122108 $ 16,339 679,480 X 679,480 BURLINGTON NORTHN SANTA COMMON 12189T104 $ 12,009 313,480 X 313,480 BURLINGTON NORTHN SANTA F COMMON 12189T104 $ 36,091 603,531 X 603,531 BUSINESS OBJECTS S A COMMON 12328X107 $ 14,050 603,011 X 603,011 C COR INC COMMON 125010108 $ 157 18,600 X 18,600 CADENCE DESIGN SYSTEM IN COMMON 127387108 $ 1,641 125,819 X 125,819 CALPINE CORP COMMON 131347106 $ 4,537 1,570,032 X 1,570,032 CAMPBELL SOUP CO COMMON 134429109 $ 36,065 1,323,249 X 1,323,249 CAPITAL ONE FINL CORP COMMON 14040H105 $ 2,682 35,334 X 35,334 CAREER EDUCATION CORP COMMON 141665109 $ 563 19,820 X 19,820 CAREMARK RX INC COMMON 141705103 $ 4,049 126,251 X 126,251 CARLISLE COS INC COMMON 142339100 $ 336 5,255 X 5,255 CARPENTER TECHNOLOGY CORP COMMON 144285103 $ 944 16,100 X 16,100 CB RICHARD ELLIS GROUP I COMMON 12497T101 $ 3,000 129,852 X 129,852 CBL & ASSOC PPTYS INC COMMON 124830100 $ 302 4,950 X 4,950 CBRL GROUP INC COMMON 12489V106 $ 2,161 59,885 X 59,885 CDW CORP COMMON 12512N105 $ 815 13,824 X 13,824 CELESTICA INC COMMON 15101Q108 $ 2,006 177,361 X 177,361 CENDANT CORP COMMON 151313103 $ 7,528 348,500 X 348,500 CENTURY ALUM CO COMMON 156431108 $ 239 8,607 X 8,607 CHECK POINT SOFTWARE COMMON M22465104 $ 1,489 61,217 X 61,217 CHEMED CORP NEW COMMON 16359R103 $ 412 7,500 X 7,500 CHEVRON CORP COMMON 166764100 $ 54,224 837,699 X 837,699 CHEVRONTEXACO CORP COMMON 166764100 $ 60,968 1,136,618 X 1,136,618 CHUBB CORP COMMON 171232101 $ 15,637 174,622 X 174,622 CINCINNATI BELL INC NEW COMMON 171871106 $ 1,334 344,998 X 344,998 CINTAS CORP COMMON 172908105 $ 1,293 31,492 X 31,492 CIRRUS LOGIC INC COMMON 172755100 $ 249 32,800 X 32,800 CISCO SYS INC COMMON 17275R102 $ 47,677 2,639,047 X 2,639,047 CIT GROUP INC COMMON 125581108 $ 26,829 717,555 X 717,555 CITADEL BROADCASTING COR COMMON 17285T106 $ 810 63,208 X 63,208 CITADEL SEC SOFTWARE INC COMMON 17288Q109 $ 32 13,051 X 13,051 CITIGROUP INC COMMON 172967101 $ 41,095 923,404 X 923,404 CITIZENS COMMUNICATIONS C COMMON 17453B101 $ 2,699 199,200 X 199,200 CITY NATL CORP COMMON 178566105 $ 713 10,550 X 10,550 CLEAR CHANNEL COMMUNICAT COMMON 184502102 $ 11,277 361,794 X 361,794 CLEAR CHANNEL COMMUNICATI COMMON 184502102 $ 799 24,287 X 24,287 CMS ENERGY CORP COMMON 125896100 $ 1,387 84,295 X 84,295 CNET NETWORKS INC COMMON 12613R104 $ 167 18,300 X 18,300 COACH INC COMMON 189754104 $ 4,775 122,805 X 122,805 COCA COLA CO COMMON 191216100 $ 9,126 211,300 X 211,300 COGNIZANT TECHNOLOGY SOLU COMMON 192446102 $ 7,317 157,052 X 157,052 COHERENT INC COMMON 192479103 $ 231 7,900 X 7,900 COLGATE PALMOLIVE CO COMMON 194162103 $ 12,104 229,288 X 229,288 COLLEGIATE FDG SVCS INC COMMON 19458M108 $ 229 18,260 X 18,260 COLONIAL BANCGROUP INC COMMON 195493309 $ 374 18,300 X 18,300 COLONIAL BANCGROUPINC COMMON 195493309 $ 1,755 78,364 X 78,364 COMCAST CORP NEW COMMON 20030N101 $ 18,795 657,582 X 657,582 COMERICA INC COMMON 200340107 $ 1,074 18,225 X 18,225 COMMERCIAL CAP BANCORP IN COMMON 20162L105 $ 272 16,000 X 16,000 COMMERCIAL METALS CO COMMON 201723103 $ 215 5,455 X 5,455 COMMSCOPE INC COMMON 203372107 $ 200 9,269 X 9,269 COMMUNITY HEALTH SYS INC COMMON 203668108 $ 1,318 49,400 X 49,400 COMPASS BANCSHARES INC COMMON 20449H109 $ 1,186 25,884 X 25,884 COMPUTER SCIENCES CORP COMMON 205363104 $ 8,643 182,789 X 182,789 COMPUWARE CORP COMMON 205638109 $ 1,721 334,124 X 334,124 CONAGRA FOODS INC COMMON 205887102 $ 1,553 60,386 X 60,386

CONOCOPHILLIPS COMMON 20825C104 $ 50,122 675,758 X 675,758 CONSOLIDATED COMMUNICATIO COMMON 209034107 $ 2,695 198,133 X 198,133 CONSTELLATION BRANDS INC COMMON 21036P108 $ 15,497 488,617 X 488,617 CONSTELLATION ENERGY GRO COMMON 210371100 $ 6,454 162,000 X 162,000 CONSTELLATION ENERGY GROU COMMON 210371100 $ 8,048 130,657 X 130,657 COOPER INDS LTD COMMON G24182100 $ 1,477 25,034 X 25,034 COOPER TIRE + RUBR CO COMMON 216831107 $ 1,585 103,809 X 103,809 CORINTHIAN COLLEGES INC COMMON 218868107 $ 1,418 105,950 X 105,950 CORNING INC COMMON 219350105 $ 6,298 325,809 X 325,809 COSTCO WHSL CORP NEW COMMON 22160K105 $ 21,553 509,352 X 509,352 COUNTRYWIDE FINANCIAL CO COMMON 222372104 $ 42,146 1,069,974 X 1,069,974 COVANCE INC COMMON 222816100 $ 5,115 121,816 X 121,816 COVANSYS CORP COMMON 22281W103 $ 233 14,850 X 14,850 COVENTRY HEALTH CARE INC COMMON 222862104 $ 961 13,353 X 13,353 COX COMMUNICATIONS INC N COMMON 224044107 $ 770 23,227 X 23,227 CROMPTON CORP COMMON 227116100 $ 1,028 108,354 X 108,354 CSX CORP COMMON 126408103 $ 7,875 169,429 X 169,429 CULLEN FROST BANKERS INC COMMON 229899109 $ 761 15,436 X 15,436 CVS CORP COMMON 126650100 $ 15,169 522,895 X 522,895 D R HORTON INC COMMON 23331A109 $ 874 26,387 X 26,387 DANAHER CORP COMMON 235851102 $ 8,117 150,783 X 150,783 DANAHER CORP DEL COMMON 235851102 $ 1,394 27,181 X 27,181 DEAN FOODS CO NEW COMMON 242370104 $ 12,797 426,103 X 426,103 DEERE & CO COMMON 244199105 $ 6,920 113,070 X 113,070 DEL MONTE FOODS CO COMMON 24522P103 $ 144 13,700 X 13,700 DELL INC COMMON 24702R101 $ 64,547 1,857,145 X 1,857,145 DENTSPLY INTL INC NEW COMMON 249030107 $ 364 7,000 X 7,000 DEVELOPERS DIVERSIFIED R COMMON 251591103 $ 246 6,294 X 6,294 DEX MEDIA INC COMMON 25212E100 $ 3,186 133,361 X 133,361 DIEBOLD INC COMMON 253651103 $ 977 28,336 X 28,336 DISNEY WALT CO COMMON 254687106 $ 29,331 1,251,482 X 1,251,482 DOBSON COMMUNICATIONS COR COMMON 256069105 $ 199 25,900 X 25,900 DOLLAR GEN CORP COMMON 256669102 $ 13,140 652,108 X 652,108 DOLLAR TREE STORES INC COMMON 256747106 $ 3,251 127,489 X 127,489 DONNELLEY R R & SONS CO COMMON 257867101 $ 2,004 63,981 X 63,981 DONNELLEY R R + SONS CO COMMON 257867101 $ 1,364 36,782 X 36,782 DOVER CORP COMMON 260003108 $ 2,004 50,503 X 50,503 DOVER DOWNS GAMING & ENT COMMON 260095104 $ 620 60,300 X 60,300 DOW CHEM CO COMMON 260543103 $ 34,289 781,810 X 781,810 DRESSER RAND GROUP INC COMMON 261608103 $ 694 28,189 X 28,189 DUKE ENERGY CO COMMON 264399106 $ 17,316 593,636 X 593,636 E M C CORP MASS COMMON 268648102 $ 16,874 1,462,260 X 1,462,260 E PIPHANY INC COMMON 26881V100 $ 964 239,110 X 239,110 EAGLE BULK SHIPPING INC COMMON Y2187A101 $ 898 52,382 X 52,382 EAST WEST BANCORP INC COMMON 27579R104 $ 1,275 37,462 X 37,462 EBAY INC COMMON 278642103 $ 9,565 232,170 X 232,170 ECHOSTAR COMMUNICATIONS C COMMON 278762109 $ 5,816 196,700 X 196,700 EDWARDS LIFESCIENCES COR COMMON 28176E108 $ 1,169 34,900 X 34,900 EGL INC COMMON 268484102 $ 934 34,408 X 34,408 EL PASO ELEC CO COMMON 283677854 $ 294 14,100 X 14,100 ELECTRONIC ARTS INC COMMON 285512109 $ 12,777 273,753 X 273,753 ELIZABETH ARDEN INC COMMON 28660G106 $ 490 23,025 X 23,025 ELKCORP COMMON 287456107 $ 397 12,400 X 12,400 EMC CORP COMMON 268648102 $ 15,057 1,163,584 X 1,163,584 EMERSON ELEC CO COMMON 291011104 $ 650 10,508 X 10,508 ENDURANCE SPECIALTY HOLDI COMMON G30397106 $ 611 17,915 X 17,915 ENERGEN CORP COMMON 29265N108 $ 342 7,910 X 7,910 ENGINEERED SUPPORT SYS IN COMMON 292866100 $ 812 19,780 X 19,780 ENNIS INC COMMON 293389102 $ 206 12,249 X 12,249 ENSCO INTL INC COMMON 26874Q100 $ 6,401 139,384 X 139,384 EOG RES INC COMMON 26875P101 $ 2,444 37,117 X 37,117 EOG RESOURCES INC COMMON 26875P101 $ 987 13,181 X 13,181 EXELON CORP COMMON 30161N101 $ 5,972 120,415 X 120,415 EXTREME NETWORKS INC COMMON 30226D106 $ 1,581 355,279 X 355,279 EXXON MOBIL CORP COMMON 30231G102 $147,415 2,455,134 X 2,455,134 FACTSET RESH SYS INC COMMON 303075105 $ 483 13,700 X 13,700 FEDERAL HOME LN MTG CORP COMMON 313400301 $ 11,201 171,688 X 171,688 FEDERAL NATL MTG ASSN COMMON 313586109 $ 1,982 31,260 X 31,260 FEDERATED DEPT STORES IN COMMON 31410H101 $ 11,173 245,949 X 245,949 FEDERATED DEPT STORES INC COMMON 31410H101 $ 8,888 132,916 X 132,916 FEDERATED INVS INC PA COMMON 314211103 $ 864 26,010 X 26,010 FEDEX CORP COMMON 31428X106 $ 18,647 216,125 X 216,125 FIRST AMERICAN CORP COMMON 318522307 $ 8,740 191,370 X 191,370 FIRST DATA CORP COMMON 319963104 $ 8,456 194,394 X 194,394 FIRSTMERIT CORP COMMON 337915102 $ 1,598 60,600 X 60,600 FISERV INC COMMON 337738108 $ 1,739 49,890 X 49,890 FISHER SCIENTIFIC INTL I COMMON 338032204 $ 244 4,187 X 4,187 FISHER SCIENTIFIC INTL IN COMMON 338032204 $ 9,111 146,830 X 146,830 FLEETWOOD ENTERPRISES INC COMMON 339099103 $ 708 57,600 X 57,600 FLOWSERVE CORP COMMON 34354P105 $ 1,554 64,262 X 64,262 FLUOR CORP NEW COMMON 343412102 $ 2,195 34,094 X 34,094 FMC TECHNOLOGIES INC COMMON 30249U101 $ 768 23,000 X 23,000 FORTUNE BRANDS INC COMMON 349631101 $ 15,378 207,555 X 207,555 FRANKLIN BANK CORP COMMON 352451108 $ 241 14,900 X 14,900 FRANKLIN BK CORP DEL COMMON 352451108 $ 215 12,600 X 12,600 FRANKLIN RES INC COMMON 354613101 $ 534 6,840 X 6,840 FREESCALE SEMICONDUCTOR I COMMON 35687M206 $ 6,406 271,675 X 271,675 FRIEDMAN BILLINGS RAMSEY COMMON 358434108 $ 1,608 84,179 X 84,179 GANNETT INC COMMON 364730101 $ 1,798 21,470 X 21,470 GEHL CO COMMON 368483103 $ 304 11,000 X 11,000 GENCO SHIPPING + TRADING COMMON Y2685T107 $ 985 51,640 X 51,640 GENERAL DYNAMICS CORP COMMON 369550108 $ 9,523 79,658 X 79,658 GENERAL ELEC CO COMMON 369604103 $179,083 5,327,422 X 5,327,422

GENLYTE GROUP INC COMMON 372302109 $ 284 5,900 X 5,900 GENWORTH FINL INC COMMON 37247D106 $ 13,521 419,372 X 419,372 GENZYME CORP COMMON 372917104 $ 7,186 104,443 X 104,443 GEORGIA GULF CORP COMMON 373200203 $ 285 6,400 X 6,400 GEORGIA PAC CORP COMMON 373298108 $ 11,626 323,405 X 323,405 GILEAD SCIENCES INC COMMON 375558103 $ 18,236 482,451 X 482,451 GILLETTE CO COMMON 375766102 $ 16,855 403,820 X 403,820 GLATFELTER COMMON 377316104 $ 2,355 190,092 X 190,092 GLOBAL CASH ACCESS HLDGS COMMON 378967103 $ 958 67,924 X 67,924 GLOBALSANTAFE CORP COMMON G3930E101 $ 1,006 32,828 X 32,828 GOLDEN WEST FINL CORP DEL COMMON 381317106 $ 1,425 24,000 X 24,000 GOLDMAN SACHS GROUP INC COMMON 38141G104 $ 49,343 476,895 X 476,895 GOODRICH CORP COMMON 382388106 $ 912 29,069 X 29,069 GRAINGER W W INC COMMON 384802104 $ 875 13,900 X 13,900 GRANT PRIDECO INC COMMON 38821G101 $ 4,089 149,081 X 149,081 GREAT LAKES CHEM CORP COMMON 390568103 $ 1,431 55,897 X 55,897 GREAT PLAINS ENERGY INC COMMON 391164100 $ 456 15,249 X 15,249 GREENPOINT FINL CORP COMMON 395384100 $ 1,152 24,900 X 24,900 GREY WOLF INC COMMON 397888108 $ 3,691 678,798 X 678,798 GTECH HLDGS CORP COMMON 400518106 $ 607 18,923 X 18,923 GUIDANT CORP COMMON 401698105 $ 1,299 19,669 X 19,669 HANOVER COMPRESSOR CO COMMON 410768105 $ 5,984 431,723 X 431,723 HARRAHS ENTMT INC COMMON 413619107 $ 1,647 31,071 X 31,071 HARRIS CORP DEL COMMON 413875105 $ 469 9,725 X 9,725 HARSCO CORP COMMON 415864107 $ 2,220 49,448 X 49,448 HARTFORD FINANCIAL SVCS G COMMON 416515104 $ 12,685 164,371 X 164,371 HARTFORD FINL SVCS GROUP COMMON 416515104 $ 13,753 222,076 X 222,076 HEADWATERS INC COMMON 42210P102 $ 724 19,345 X 19,345 HEALTH NET INC COMMON 42222G108 $ 354 10,989 X 10,989 HEALTHTRONICS INC COMMON 42222L107 $ 283 28,373 X 28,373 HERCULES INC COMMON 427056106 $ 2,208 154,913 X 154,913 HERSHEY CO / THE COMMON 427866108 $ 6,128 108,833 X 108,833 HEWLETT PACKARD CO COMMON 428236103 $ 13,836 473,849 X 473,849 HIBERNIA CORP COMMON 428656102 $ 343 13,000 X 13,000 HIGHWOODS PPTYS INC COMMON 431284108 $ 677 27,500 X 27,500 HOME DEPOT INC COMMON 437076102 $ 27,841 718,555 X 718,555 HOMESTORE INC COMMON 437852106 $ 223 51,200 X 51,200 HORMEL FOODS CORP COMMON 440452100 $ 6,541 198,270 X 198,270 HORNBECK OFFSHORE SVCS IN COMMON 440543106 $ 289 7,900 X 7,900 HOT TOPIC INC COMMON 441339108 $ 237 15,400 X 15,400 HUBBELL INC COMMON 443510201 $ 655 14,068 X 14,068 HUDSON CITY BANCORP INC COMMON 443683107 $ 20,285 1,704,588 X 1,704,588 HUGHES SUPPLY INC COMMON 444482103 $ 673 20,658 X 20,658 HUMAN GENOME SCIENCES IN COMMON 444903108 $ 333 30,520 X 30,520 HUMANA INC COMMON 444859102 $ 599 29,960 X 29,960 HUNT J B TRANS SVCS INC COMMON 445658107 $ 27,716 953,120 X 953,120 HUNTSMAN CORP COMMON 447011107 $ 1,271 65,017 X 65,017 IAC / INTERACTIVECORP COMMON 44919P300 $ 1,042 41,115 X 41,115 IAC INTERACTIVECORP COMMON 44919P102 $ 1,606 72,921 X 72,921 IDX SYS CORP COMMON 449491109 $ 237 5,500 X 5,500 ILLINOIS TOOL WKS INC COMMON 452308109 $ 9,957 120,946 X 120,946 IMC GLOBAL INC COMMON 449669100 $ 412 23,700 X 23,700 IMPAX LABORATORIES INC COMMON 45256B101 $ 194 16,000 X 16,000 IMS HEALTH INC COMMON 449934108 $ 4,627 190,156 X 190,156 INCYTE CORP COMMON 45337C102 $ 538 55,850 X 55,850 INDEPENDENCE CMNTY BK CO COMMON 453414104 $ 258 6,600 X 6,600 INGERSOLL RAND COMPANY LI COMMON G4776G101 $ 19,884 520,128 X 520,128 INGERSOLL-RAND COMPANY L COMMON G4776G101 $ 53,437 786,190 X 786,190 INGRAM MICRO INC COMMON 457153104 $ 7,153 385,800 X 385,800 INSPIRE PHAMACEUTICAL INC COMMON 457733103 $ 146 19,200 X 19,200 INTEGRA LIFESCIENCES CORP COMMON 457985208 $ 230 6,021 X 6,021 INTEGRATED ALARM SVCS GR COMMON 45890M109 $ 115 27,900 X 27,900 INTEGRATED CIRCUIT SYS I COMMON 45811K208 $ 857 39,853 X 39,853 INTEGRATED DEVICE TECHNO COMMON 458118106 $ 2,763 289,977 X 289,977 INTEGRATED DEVICE TECHNOL COMMON 458118106 $ 2,195 204,393 X 204,393 INTEL CORP COMMON 458140100 $ 75,366 3,239,494 X 3,239,494 INTERGRAPH CORP COMMON 458683109 $ 263 7,600 X 7,600 INTERLINE BRANDS INC COMMON 458743101 $ 975 46,391 X 46,391 INTERNATIONAL BUSINESS M COMMON 459200101 $ 19,479 227,182 X 227,182 INTERNATIONAL BUSINESS MA COMMON 459200101 $ 7,680 95,737 X 95,737 INTERNATIONAL GAME TECHNO COMMON 459902102 $ 1,008 37,347 X 37,347 INTERNATIONAL PAPER CO COMMON 460146103 $ 19,697 660,965 X 660,965 INTERNATIONAL STL GROUP COMMON 460377104 $ 3,166 93,947 X 93,947 INTERPUBLIC GROUP COS IN COMMON 460690100 $ 1,156 109,140 X 109,140 INTERSIL CORP COMMON 46069S109 $ 2,272 142,625 X 142,625 INTERWOVEN INC COMMON 46114T508 $ 2,197 268,903 X 268,903 INTL PAPER CO COMMON 460146103 $ 34,873 862,973 X 862,973 INTRALASE CORP COMMON 461169104 $ 219 14,900 X 14,900 INVESTORS FINL SERVICES COMMON 461915100 $ 1,560 34,562 X 34,562 INVESTORS FINL SERVICES C COMMON 461915100 $ 1,299 39,478 X 39,478 INVITROGEN CORP COMMON 46185R100 $ 474 8,597 X 8,597 IVAX CORP COMMON 465823102 $ 4,030 186,959 X 186,959 JACUZZI BRANDS INC COMMON 469865109 $ 489 57,100 X 57,100 JARDEN CORP COMMON 471109108 $ 252 6,150 X 6,150 JDA SOFTWARE GROUP INC COMMON 46612K108 $ 214 19,819 X 19,819 JDS UNIPHASE CORP COMMON 46612J101 $ 178 80,000 X 80,000 JER INVS TR INC COMMON 46614H301 $ 237 13,100 X 13,100 JOHNSON & JOHNSON COMMON 478160104 $ 45,116 800,926 X 800,926 JOHNSON + JOHNSON COMMON 478160104 $ 72,147 1,140,127 X 1,140,127 JOHNSON CTLS INC COMMON 478366107 $ 18,401 313,269 X 313,269 JONES APPAREL GROUP INC COMMON 480074103 $ 1,897 53,027 X 53,027 JOS A BANK CLOTHIERS INC COMMON 480838101 $ 321 9,625 X 9,625 JOY GLOBAL INC COMMON 481165108 $ 216 6,130 X 6,130

JPMORGAN & CHASE & CO COMMON 46625H100 $ 25,355 638,187 X 638,187 JPMORGAN CHASE + CO COMMON 46625H100 $ 10,003 294,822 X 294,822 JUNIPER NETWORKS INC COMMON 48203R104 $ 14,941 633,088 X 633,088 JUPITERMEDIA CORP COMMON 48207D101 $ 243 13,700 X 13,700 K2 INC COMMON 482732104 $ 349 27,300 X 27,300 KANBAY INTL INC COMMON 48369P207 $ 1,054 56,080 X 56,080 KCS ENERGY INC COMMON 482434206 $ 677 34,200 X 34,200 KELLOGG CO COMMON 487836108 $ 3,311 71,773 X 71,773 KEMET CORP COMMON 488360108 $ 874 107,989 X 107,989 KERR MCGEE CORP COMMON 492386107 $ 4,889 50,380 X 50,380 KEY ENERGY SVCS INC COMMON 492914106 $ 716 64,770 X 64,770 KEYCORP NEW COMMON 493267108 $ 661 20,505 X 20,505 KFX INC COMMON 48245L107 $ 534 31,193 X 31,193 KIMBERLY CLARK CORP COMMON 494368103 $ 7,117 119,545 X 119,545 KIRBY CORP COMMON 497266106 $ 326 8,120 X 8,120 KKR FINL CORP COMMON 482476306 $ 13,299 597,996 X 597,996 KLA TENCOR CORP COMMON 482480100 $ 6,114 125,381 X 125,381 KOHLS CORP COMMON 500255104 $ 23,342 466,148 X 466,148 KOMAG INC COMMON 500453204 $ 260 13,800 X 13,800 KRAFT FOODS INC COMMON 50075N104 $ 26,642 839,911 X 839,911 KROGER CO COMMON 501044101 $ 15,741 789,713 X 789,713 LAFARGE NORTH AMERICA INC COMMON 505862102 $ 8,083 119,550 X 119,550 LAIDLAW INTERNATIONAL W I COMMON 50730R102 $ 283 11,700 X 11,700 LAUDER ESTEE COS INC COMMON 518439104 $ 14,916 365,672 X 365,672 LEAR CORP COMMON 521865105 $ 903 16,593 X 16,593 LEGG MASON INC COMMON 524901105 $ 3,128 51,165 X 51,165 LEGGETT & PLATT INC COMMON 524660107 $ 1,172 41,693 X 41,693 LEHMAN BROS HLDGS INC COMMON 524908100 $ 889 11,157 X 11,157 LEHMAN BROTHERS HLDGS INC COMMON 524908100 $ 35,030 300,739 X 300,739 LENNAR CORP COMMON 526057104 $ 5,867 108,462 X 108,462 LEXMARK INTL INC COMMON 529771107 $ 786 12,869 X 12,869 LEXMARK INTL NEW COMMON 529771107 $ 23,653 281,552 X 281,552 LHC GROUP INC COMMON 50187A107 $ 284 18,369 X 18,369 LIBERTY MEDIA CORP COMMON 530718105 $ 11,924 1,481,290 X 1,481,290 LIFEPOINT HOSPITALS INC COMMON 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WABASH NATL CORP COMMON 929566107 $ 888 45,091 X 45,091 WABTEC COMMON 929740108 $ 300 11,000 X 11,000 WABTEC CORP COMMON 929740108 $ 239 12,800 X 12,800 WACHOVIA CORP 2ND NEW COMMON 929903102 $ 62,366 1,323,966 X 1,323,966 WADDELL & REED FINL INC COMMON 930059100 $ 952 43,286 X 43,286 WADDELL + REED FINL INC COMMON 930059100 $ 790 40,802 X 40,802 WAL MART STORES INC COMMON 931142103 $ 62,646 1,206,157 X 1,206,157 WASHINGTON GROUP INTL INC COMMON 938862208 $ 237 4,400 X 4,400 WASHINGTON MUT INC COMMON 939322103 $ 8,341 212,675 X 212,675 WASTE CONNECTIONS INC COMMON 941053100 $ 258 8,155 X 8,155 WASTE MGMT INC DEL COMMON 94106L109 $ 1,137 41,595 X 41,595 WATERS CORP COMMON 941848103 $ 1,264 28,652 X 28,652 WEATHERFORD INTERNATIONA COMMON G95089101 $ 868 17,005 X 17,005 WEATHERFORD INTL LTD COMMON G95089101 $ 1,414 20,600 X 20,600 WEBMETHODS INC COMMON 94768C108 $ 1,933 273,401 X 273,401 WEBSTER FINL CORP CONN COMMON 947890109 $ 287 5,805 X 5,805 WEIS MKTS INC COMMON 948849104 $ 300 7,500 X 7,500 WELLCHOICE INC COMMON 949475107 $ 256 6,850 X 6,850 WELLPOINT INC COMMON 94973V107 $ 17,770 234,365 X 234,365 WELLS FARGO & CO NEW COMMON 949746101 $ 2,582 43,296 X 43,296 WELLS FARGO + CO NEW COMMON 949746101 $ 9,760 166,635 X 166,635 WESTAR ENERGY INC COMMON 95709T100 $ 362 17,900 X 17,900 WESTERN GAS RES INC COMMON 958259103 $ 229 8,000 X 8,000 WESTSTAR ENERGY INC COMMON 95709T100 $ 369 15,300 X 15,300 WESTWOOD ONE INC COMMON 961815107 $ 2,230 112,520 X 112,520 WEYERHAEUSER CO COMMON 962166104 $ 5,357 77,922 X 77,922 WILLIAMS COS INC COMMON 969457100 $ 3,267 130,433 X 130,433 WILLIAMS COS INC DEL COMMON 969457100 $ 20,072 1,658,879 X 1,658,879 WILLIAMS SONOMA INC COMMON 969904101 $ 15,394 409,953 X 409,953 WISCONSIN ENERGY CORP COMMON 976657106 $ 389 12,200 X 12,200 WPS RES CORP COMMON 92931B106 $ 393 6,800 X 6,800 WPS RESOURCES CORP COMMON 92931B106 $ 216 4,800 X 4,800 WYETH COMMON 983024100 $ 14,155 309,946 X 309,946 XEROX CORP COMMON 984121103 $ 8,039 571,077 X 571,077 XILINX INC COMMON 983919101 $ 4,520 162,306 X 162,306 YAHOO INC COMMON 984332106 $ 8,879 262,386 X 262,386 ZALE CORP NEW COMMON 988858106 $ 233 8,300 X 8,300 ZIONS BANCORPORATION COMMON 989701107 $ 40,469 662,989 X 662,989

GARTMORE SA CAPITAL TRUST 13F-HR