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: 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 November 14, 2005
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form13F Information Table Entry Total: 938
Form13F Information Table Value Total: $2,720,465 (thousands)
List of Other Included Managers:
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 filed, other
than the manager filing this report.
NONE
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
21ST CENTY INS GROUP COM 90130N103 399 25000 SH DEFINED 0 25000 0
3COM CORP COM 885535104 122 30000 SH DEFINED 0 30000 0
3M CO COM 88579Y101 734 10000 SH DEFINED 0 10000 0
AAR CORP COM 000361105 1546 90000 SH DEFINED 0 90000 0
AARON RENTS INC COM 002535201 2355 111350 SH DEFINED 0 111350 0
ABN AMRO HLDG NV SPONSORED ADR 000937102 541 22550 SH DEFINED 0 20000 2550
ACCENTURE LTD BERMUDA CL A G1150G111 10388 408000 SH DEFINED 0 408000 0
ACTIVISION INC NEW COM NEW 004930202 235 11500 SH DEFINED 0 11500 0
ACTUANT CORP CL A NEW 00508X203 4217 90100 SH DEFINED 0 90100 0
ACTUANT CORP SDCV 2.000%11/1 00508XAB0 254 200000 PRN DEFINED 0 200000 0
ADTRAN INC COM 00738A106 11025 350000 SH DEFINED 0 350000 0
ADVANCE AUTO PARTS INC COM 00751Y106 10339 267300 SH DEFINED 0 267300 0
ADVANCED MEDICAL OPTICS INC NOTE 2.500% 7/1 00763MAG3 244 250000 PRN DEFINED 0 250000 0
ADVANCED MEDICAL OPTICS INC COM 00763M108 3343 88100 SH DEFINED 0 88100 0
ADVANCED MICRO DEVICES INC COM 007903107 378 15000 SH DEFINED 0 15000 0
ADVANCED NEUROMODULATION SYS COM 00757T101 8807 185600 SH DEFINED 0 185600 0
ADVISORY BRD CO COM 00762W107 12078 232100 SH DEFINED 0 232100 0
AEROPOSTALE COM 007865108 1360 64000 SH DEFINED 0 64000 0
AES TR III PFD CV 6.75% 00808N202 334 7000 SH DEFINED 0 7000 0
AETNA INC NEW COM 00817Y108 4733 54950 SH DEFINED 0 53900 1050
AFFILIATED MANAGERS GROUP COM 008252108 3722 51400 SH DEFINED 0 51400 0
AFLAC INC COM 001055102 2867 63300 SH DEFINED 0 63300 0
AGERE SYS INC NOTE 6.500%12/1 00845VAA8 500 500000 PRN DEFINED 0 500000 0
AGILENT TECHNOLOGIES INC COM 00846U101 1172 35800 SH DEFINED 0 35800 0
AGL RES INC COM 001204106 2850 76800 SH DEFINED 0 76800 0
AGNICO EAGLE MINES LTD COM 008474108 370 25000 SH DEFINED 0 25000 0
AGRIUM INC COM 008916108 439 20000 SH DEFINED 0 20000 0
AIR PRODS & CHEMS INC COM 009158106 331 6000 SH DEFINED 0 6000 0
AIRGAS INC COM 009363102 3052 103000 SH DEFINED 0 103000 0
ALABAMA NATL BANCORP DELA COM 010317105 659 10300 SH DEFINED 0 10300 0
ALAMOSA HLDGS INC COM 011589108 5193 303500 SH DEFINED 0 303500 0
ALBEMARLE CORP COM 012653101 1090 28900 SH DEFINED 0 28900 0
albertson 7 25% cvt pfd PFD 246 11200 SH DEFINED 0 10800 400
ALCON INC COM SHS H01301102 11253 88000 SH DEFINED 0 88000 0
ALERIS INTL INC COM 014477103 2858 104100 SH DEFINED 0 104100 0
ALKERMES INC COM 01642T108 806 48000 SH DEFINED 0 48000 0
ALLEGHENY TECHNOLOGIES INC COM 01741R102 8674 280000 SH DEFINED 0 280000 0
ALLERGAN INC COM 018490102 6734 73500 SH DEFINED 0 73500 0
ALLIANCE DATA SYSTEMS CORP COM 018581108 2545 65000 SH DEFINED 0 65000 0
ALLIANCE RES PARTNER L P UT LTD PART 01877R108 919 20000 SH DEFINED 0 20000 0
ALLIANT TECHSYSTEMS INC COM 018804104 914 12250 SH DEFINED 0 12000 250
ALLMERICA FINL CORP COM 019754100 6973 169500 SH DEFINED 0 169500 0
ALLSCRIPTS HEALTHCARE SOLUTI COM 01988P108 3964 220000 SH DEFINED 0 220000 0
ALLSTATE CORP COM 020002101 2654 48000 SH DEFINED 0 48000 0
ALTRIA GROUP INC COM 02209S103 206 2800 SH DEFINED 0 2100 700
ALVARION LTD SHS M0861T100 285 35000 SH DEFINED 0 35000 0
ALZA CORP SDCV 7/2 02261WAB5 261 300000 PRN DEFINED 0 300000 0
AMEDISYS INC COM 023436108 3350 85900 SH DEFINED 0 85900 0
AMERADA HESS CORP COM 023551104 1540 11200 SH DEFINED 0 11200 0
AMERCO COM 023586100 448 7700 SH DEFINED 0 7700 0
AMERICA MOVIL S A DE C V SPON ADR L SHS 02364W105 895 34000 SH DEFINED 0 34000 0
AMERICAN EAGLE OUTFITTERS NE COM 02553E106 2115 89900 SH DEFINED 0 89000 900
AMERICAN ECOLOGY CORP COM NEW 025533407 392 20000 SH DEFINED 0 20000 0
AMERICAN ELEC PWR INC COM 025537101 794 20000 SH DEFINED 0 20000 0
AMERICAN FINL GROUP INC OHIO COM 025932104 1120 33000 SH DEFINED 0 33000 0
AMERICAN GREETINGS CORP CL A 026375105 274 10000 SH DEFINED 0 10000 0
AMERICAN HEALTHWAYS INC COM 02649V104 5911 139400 SH DEFINED 0 139400 0
AMERICAN HOME MTG INVT CORP COM 02660R107 2869 94700 SH DEFINED 0 94700 0
AMERICAN INTL GROUP INC COM 026874107 1283 20700 SH DEFINED 0 20700 0
AMERICAN MED SYS HLDGS INC COM 02744M108 2233 110800 SH DEFINED 0 110800 0
AMERICAN PHARMACEUTICALS PTN COM 02886P109 594 13000 SH DEFINED 0 12450 550
AMERICAN RETIREMENT CORP COM 028913101 557 29600 SH DEFINED 0 29600 0
AMERICAN SCIENCE & ENGR INC COM 029429107 472 7200 SH DEFINED 0 7200 0
AMERICAN STD COS INC DEL COM 029712106 9776 210000 SH DEFINED 0 210000 0
AMERICAN STS WTR CO COM 029899101 837 25000 SH DEFINED 0 25000 0
AMERICAN TOWER CORP CL A 029912201 4345 174168 SH DEFINED 0 174168 0
AMERICAN TOWER CORP NOTE 3.000% 8/1 029912AR3 270 200000 PRN DEFINED 0 200000 0
AMERISTAR CASINOS INC COM 03070Q101 1563 75000 SH DEFINED 0 75000 0
AMETEK INC NEW COM 031100100 6153 143200 SH DEFINED 0 143200 0
AMGEN INC COM 031162100 16395 205790 SH DEFINED 0 204140 1650
AMPHENOL CORP NEW CL A 032095101 3727 92400 SH DEFINED 0 92400 0
ANADARKO PETE CORP COM 032511107 1369 14300 SH DEFINED 0 14100 200
ANADIGICS INC COM 032515108 33 10000 SH DEFINED 0 10000 0
ANCHOR BANCORP WIS INC COM 032839102 705 23900 SH DEFINED 0 23900 0
ANGLO AMERN PLC ADR 03485P102 1189 39400 SH DEFINED 0 37400 2000
ANGLOGOLD ASHANTI LTD SPONSORED ADR 035128206 1061 25000 SH DEFINED 0 25000 0
ANIXTER INTL INC COM 035290105 1766 43800 SH DEFINED 0 43800 0
ANIXTER INTL INC NOTE 7/0 035290AG0 113 200000 PRN DEFINED 0 200000 0
ANSOFT CORP COM 036384105 442 15200 SH DEFINED 0 15200 0
ANSYS INC COM 03662Q105 3734 97000 SH DEFINED 0 97000 0
ANTEON INTL CORP COM 03674E108 14705 343900 SH DEFINED 0 343900 0
AON CORP DBCV 3.500%11/1 037389AT0 305 200000 PRN DEFINED 0 200000 0
APACHE CORP COM 037411105 5104 67850 SH DEFINED 0 66380 1470
APEX SILVER MINES LTD ORD G04074103 550 35000 SH DEFINED 0 35000 0
APPLE COMPUTER INC COM 037833100 8470 158000 SH DEFINED 0 158000 0
APPLEBEES INTL INC COM 037899101 4370 211225 SH DEFINED 0 208325 2900
APPLERA CORP COM CE GEN GRP 038020202 243 20000 SH DEFINED 0 20000 0
APPLIED INDL TECHNOLOGIES IN COM 03820C105 2723 75900 SH DEFINED 0 75900 0
APTARGROUP INC COM 038336103 1554 31200 SH DEFINED 0 31200 0
AQUANTIVE INC COM 03839G105 1421 70600 SH DEFINED 0 70600 0
AQUILA INC PIES 6.75% 03840P409 206 6000 SH DEFINED 0 6000 0
ARBITRON INC COM 03875Q108 610 15300 SH DEFINED 0 15300 0
ARCH CAP GROUP LTD ORD G0450A105 1012 20400 SH DEFINED 0 20400 0
ARCHER DANIELS MIDLAND CO COM 039483102 752 30500 SH DEFINED 0 26800 3700
ARMOR HOLDINGS INC COM 042260109 2400 55800 SH DEFINED 0 55500 300
ARTHROCARE CORP COM 043136100 3555 88400 SH DEFINED 0 88400 0
ASPEN INSURANCE HOLDINGS LTD SHS G05384105 473 16000 SH DEFINED 0 16000 0
ASSOCIATED BANC CORP COM 045487105 1475 48400 SH DEFINED 0 48400 0
ASSURANT INC COM 04621X108 952 25000 SH DEFINED 0 25000 0
ASTA FDG INC COM 046220109 471 15500 SH DEFINED 0 15500 0
ASTEC INDS INC COM 046224101 5990 211000 SH DEFINED 0 211000 0
ATI TECHNOLOGIES INC COM 001941103 502 36000 SH DEFINED 0 36000 0
ATMI INC COM 00207R101 6061 195500 SH DEFINED 0 195500 0
ATP OIL & GAS CORP COM 00208J108 427 13000 SH DEFINED 0 13000 0
AUDIOCODES LTD ORD M15342104 275 25000 SH DEFINED 0 25000 0
AUTODESK INC COM 052769106 12822 276100 SH DEFINED 0 276100 0
AUTOLIV INC COM 052800109 1805 41500 SH DEFINED 0 41500 0
AVERY DENNISON CORP COM 053611109 629 12000 SH DEFINED 0 12000 0
AVIALL INC NEW COM 05366B102 3104 91900 SH DEFINED 0 91900 0
AVNET INC COM 053807103 721 29500 SH DEFINED 0 29500 0
BALL CORP COM 058498106 2902 79000 SH DEFINED 0 79000 0
BANCO ITAU HLDG FINANCIERA S SP ADR 500 PFD 059602201 1554 13100 SH DEFINED 0 13100 0
BANCOLOMBIA S A SPON ADR PREF 05968L102 724 33000 SH DEFINED 0 33000 0
BANCORPSOUTH INC COM 059692103 969 42400 SH DEFINED 0 42400 0
BANK HAWAII CORP COM 062540109 6768 137500 SH DEFINED 0 137500 0
BANK MONTREAL QUE COM 063671101 463 9300 SH DEFINED 0 9300 0
BANK OF THE OZARKS INC COM 063904106 714 20800 SH DEFINED 0 20800 0
BANKATLANTIC BANCORP CL A 065908501 1847 108700 SH DEFINED 0 108700 0
BANTA CORP COM 066821109 3384 66500 SH DEFINED 0 66500 0
BARD C R INC COM 067383109 5256 79600 SH DEFINED 0 79600 0
BARNES & NOBLE INC COM 067774109 2303 61100 SH DEFINED 0 61100 0
BARNWELL INDS INC COM 068221100 269 4200 SH DEFINED 0 4200 0
BARR PHARMACEUTICALS INC COM 068306109 879 16000 SH DEFINED 0 16000 0
BAUSCH & LOMB INC FRNT 8/0 071707AM5 377 250000 PRN DEFINED 0 250000 0
BAXTER INTL INC CORP UNITS 7% 071813406 969 17000 SH DEFINED 0 17000 0
BCE INC COM 05534B109 1227 44700 SH DEFINED 0 44500 200
BEAR STEARNS COS INC COM 073902108 4105 37400 SH DEFINED 0 37400 0
BEAZER HOMES USA INC COM 07556Q105 7627 130000 SH DEFINED 0 130000 0
BEBE STORES INC COM 075571109 2691 153750 SH DEFINED 0 153750 0
BECTON DICKINSON & CO COM 075887109 1573 30000 SH DEFINED 0 30000 0
BED BATH & BEYOND INC COM 075896100 12126 301800 SH DEFINED 0 301500 300
BERKLEY W R CORP COM 084423102 8264 209325 SH DEFINED 0 208725 600
BEST BUY INC SDCV 2.250% 1/1 086516AF8 219 200000 PRN DEFINED 0 200000 0
BHP BILLITON LTD SPONSORED ADR 088606108 1846 54000 SH DEFINED 0 51500 2500
BIO RAD LABS INC CL A 090572207 660 12000 SH DEFINED 0 12000 0
BIOMET INC COM 090613100 2338 67350 SH DEFINED 0 66750 600
BIOVAIL CORP COM 09067J109 8624 369000 SH DEFINED 0 369000 0
BISYS GROUP INC NOTE 4.000% 3/1 055472AB0 994 1000000 PRN DEFINED 0 1000000 0
BJS RESTAURANTS INC COM 09180C106 398 19500 SH DEFINED 0 19500 0
BLACK & DECKER CORP COM 091797100 3070 37400 SH DEFINED 0 37400 0
BLACK HILLS CORP COM 092113109 3725 85900 SH DEFINED 0 85900 0
BLACKROCK INC CL A 09247X101 2969 33500 SH DEFINED 0 33500 0
BOK FINL CORP COM NEW 05561Q201 412 8553 SH DEFINED 0 8553 0
BORG WARNER INC COM 099724106 4127 73100 SH DEFINED 0 73100 0
BORLAND SOFTWARE CORP COM 099849101 146 25000 SH DEFINED 0 25000 0
BOTTOMLINE TECH DEL INC COM 101388106 217 14400 SH DEFINED 0 14400 0
BOYD GAMING CORP COM 103304101 5381 124800 SH DEFINED 0 124800 0
BP PLC SPONSORED ADR 055622104 266 3750 SH DEFINED 0 3750 0
BRADY CORP CL A 104674106 1553 50200 SH DEFINED 0 50200 0
BRASKEM S A SP ADR PFD A 105532105 642 31000 SH DEFINED 0 31000 0
BRIGGS & STRATTON CORP COM 109043109 519 15000 SH DEFINED 0 15000 0
BRIGHT HORIZON FAMILY SOLUTI COM 109195107 1973 51400 SH DEFINED 0 51400 0
BRIGHTPOINT INC COM NEW 109473405 6546 342000 SH DEFINED 0 342000 0
BRINKS CO COM 109696104 3108 75700 SH DEFINED 0 75300 400
BROOKFIELD PPTYS CORP COM 112900105 1096 37200 SH DEFINED 0 37200 0
BROOKLINE BANCORP INC DEL COM 11373M107 1164 73600 SH DEFINED 0 73600 0
BROWN & BROWN INC COM 115236101 2609 52500 SH DEFINED 0 52500 0
BROWN FORMAN CORP CL B 115637209 1429 24000 SH DEFINED 0 24000 0
BROWN SHOE INC NEW COM 115736100 495 15000 SH DEFINED 0 15000 0
BUILDING MATLS HLDG CORP COM 120113105 19463 208700 SH DEFINED 0 208700 0
BUNGE LIMITED COM G16962105 4286 81450 SH DEFINED 0 81200 250
BURLINGTON COAT FACTORY COM 121579106 2199 57800 SH DEFINED 0 57800 0
BURLINGTON NORTHN SANTA FE C COM 12189T104 2033 34000 SH DEFINED 0 34000 0
BURLINGTON RES INC COM 122014103 17565 216000 SH DEFINED 0 216000 0
C H ROBINSON WORLDWIDE INC COM 12541W100 5631 87800 SH DEFINED 0 87800 0
CABOT CORP COM 127055101 660 20000 SH DEFINED 0 20000 0
CABOT OIL & GAS CORP COM 127097103 7577 150000 SH DEFINED 0 150000 0
CACI INTL INC CL A 127190304 2563 42300 SH DEFINED 0 42100 200
CADBURY SCHWEPPES PLC ADR 127209302 1100 27000 SH DEFINED 0 27000 0
CAL DIVE INTL INC COM 127914109 13189 208000 SH DEFINED 0 207300 700
CALIFORNIA WTR SVC GROUP COM 130788102 828 20100 SH DEFINED 0 20100 0
CANADIAN NAT RES LTD COM 136385101 1636 36200 SH DEFINED 0 36200 0
CANADIAN NATL RY CO COM 136375102 1594 22450 SH DEFINED 0 22450 0
CANADIAN PAC RY LTD COM 13645T100 1106 25750 SH DEFINED 0 25750 0
CAPITALSOURCE INC DBCV 3.500% 7/1 14055XAD4 188 200000 PRN DEFINED 0 200000 0
CARBO CERAMICS INC COM 140781105 851 12900 SH DEFINED 0 12900 0
CAREMARK RX INC COM 141705103 7603 152277 SH DEFINED 0 152277 0
CARLISLE COS INC COM 142339100 890 14000 SH DEFINED 0 14000 0
CARNIVAL CORP DBCV 2.000% 4/1 143658AN2 261 200000 PRN DEFINED 0 200000 0
CARTER INC COM 146229109 1715 30200 SH DEFINED 0 30200 0
CASCADE CORP COM 147195101 487 10000 SH DEFINED 0 10000 0
CATERPILLAR INC DEL COM 149123101 3408 58000 SH DEFINED 0 58000 0
CATHAY GENERAL BANCORP COM 149150104 461 13000 SH DEFINED 0 13000 0
CATO CORP NEW CL A 149205106 1578 79200 SH DEFINED 0 79200 0
CBL & ASSOC PPTYS INC COM 124830100 1894 46200 SH DEFINED 0 46200 0
CELESTICA INC NOTE 8/0 15101QAA6 576 1000000 PRN DEFINED 0 1000000 0
CELGENE CORP COM 151020104 16932 311700 SH DEFINED 0 311700 0
CEMEX S A SPON ADR 5 ORD 151290889 1454 27800 SH DEFINED 0 27800 0
CENTENE CORP DEL COM 15135B101 1732 69200 SH DEFINED 0 69200 0
CENTER FINL CORP CALIF COM 15146E102 411 17500 SH DEFINED 0 17500 0
CENTERPOINT ENERGY INC NOTE 3.750% 5/1 15189TAC1 331 250000 PRN DEFINED 0 250000 0
CENTRAL EUROPEAN DIST CORP COM 153435102 2485 58350 SH DEFINED 0 56950 1400
CENTRAL EUROPEAN MEDIA ENTRP CL A NEW G20045202 951 18000 SH DEFINED 0 18000 0
CENTRAL GARDEN & PET CO COM 153527106 1851 40900 SH DEFINED 0 40900 0
CERADYNE INC COM 156710105 945 25750 SH DEFINED 0 25750 0
CERNER CORP COM 156782104 10849 124800 SH DEFINED 0 124800 0
CHAMPION ENTERPRISES INC COM 158496109 3187 215600 SH DEFINED 0 215600 0
CHARLES & COLVARD LTD COM 159765106 482 19300 SH DEFINED 0 19300 0
CHARLES RIV LABS INTL INC COM 159864107 2204 50528 SH DEFINED 0 50528 0
CHATTEM INC COM 162456107 1530 43100 SH DEFINED 0 43100 0
CHECKPOINT SYS INC COM 162825103 2384 100500 SH DEFINED 0 100500 0
CHEESECAKE FACTORY INC COM 163072101 3324 106400 SH DEFINED 0 106400 0
CHEMED CORP NEW COM 16359R103 3459 79800 SH DEFINED 0 79800 0
CHESAPEAKE ENERGY CORP COM 165167107 17136 448000 SH DEFINED 0 448000 0
CHEVRON CORP NEW COM 166764100 1254 19380 SH DEFINED 0 18500 880
CHICAGO BRIDGE & IRON CO N V N Y REGISTRY SH 167250109 4542 146100 SH DEFINED 0 146100 0
CHICAGO MERCANTILE HLDGS INC CL A 167760107 7319 21700 SH DEFINED 0 21700 0
CHICOS FAS INC COM 168615102 6124 166400 SH DEFINED 0 166400 0
CHIQUITA BRANDS INTL INC COM 170032809 699 25000 SH DEFINED 0 25000 0
CHOICE HOTELS INTL INC COM 169905106 5507 85200 SH DEFINED 0 85200 0
CHUBB CORP EQUITY UTS 7% 171232507 261 8000 SH DEFINED 0 8000 0
CHURCH & DWIGHT INC COM 171340102 3400 92050 SH DEFINED 0 89800 2250
CIBER INC SDCV 2.875%12/1 17163BAB8 1186 1350000 PRN DEFINED 0 1350000 0
CIGNA CORP COM 125509109 3017 25600 SH DEFINED 0 25600 0
CIMAREX ENERGY CO COM 171798101 4420 97500 SH DEFINED 0 97350 150
CIT GROUP INC COM 125581108 2711 60000 SH DEFINED 0 60000 0
CITIGROUP INC COM 172967101 1743 38299 SH DEFINED 0 36299 2000
CITY NATL CORP COM 178566105 3715 53000 SH DEFINED 0 53000 0
CKE RESTAURANTS INC COM 12561E105 2122 161000 SH DEFINED 0 161000 0
CLAIRES STORES INC COM 179584107 2724 112900 SH DEFINED 0 109400 3500
CLARCOR INC COM 179895107 3906 136000 SH DEFINED 0 136000 0
CNF INC COM 12612W104 2231 42500 SH DEFINED 0 42500 0
COACH INC COM 189754104 10813 344800 SH DEFINED 0 344800 0
COEUR D ALENE MINES CORP IDA COM 192108108 347 82000 SH DEFINED 0 82000 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 7600 163130 SH DEFINED 0 161580 1550
COGNOS INC COM 19244C109 1032 26500 SH DEFINED 0 25800 700
COLDWATER CREEK INC COM 193068103 3289 130400 SH DEFINED 0 130400 0
COLONIAL BANCGROUP INC COM 195493309 1445 64500 SH DEFINED 0 64500 0
COLUMBUS MCKINNON CORP N Y COM 199333105 14747 623300 SH DEFINED 0 623300 0
COMMERCE BANCSHARES INC COM 200525103 1949 37857 SH DEFINED 0 37857 0
COMMERCE GROUP INC MASS COM 200641108 2007 34600 SH DEFINED 0 34600 0
COMMONWEALTH TEL ENTERPRISES NOTE 3.250% 7/1 203349AB1 207 200000 PRN DEFINED 0 200000 0
COMMUNITY HEALTH SYS INC NEW COM 203668108 2779 71600 SH DEFINED 0 71600 0
COMPANHIA DE BEBIDAS DAS AME SPON ADR PFD 20441W203 1078 29000 SH DEFINED 0 29000 0
COMPANIA DE TELECOMUNICS CHI SPON ADR NEW 204449300 401 37000 SH DEFINED 0 37000 0
COMPASS BANCSHARES INC COM 20449H109 3208 70000 SH DEFINED 0 70000 0
COMPUCREDIT CORP COM 20478N100 2910 65500 SH DEFINED 0 65500 0
COMPUTER PROGRAMS & SYS INC COM 205306103 432 12500 SH DEFINED 0 12500 0
COMPUTER SCIENCES CORP COM 205363104 758 16025 SH DEFINED 0 15700 325
COMPUWARE CORP COM 205638109 238 25000 SH DEFINED 0 25000 0
COMSTOCK RES INC COM NEW 205768203 1378 42000 SH DEFINED 0 42000 0
COMTECH TELECOMMUNICATIONS C COM NEW 205826209 4072 98200 SH DEFINED 0 98200 0
COMVERSE TECHNOLOGY INC DEBT 5/1 205862AL9 374 250000 PRN DEFINED 0 250000 0
CONAGRA FOODS INC COM 205887102 574 23200 SH DEFINED 0 23200 0
CONOCOPHILLIPS COM 20825C104 4544 65000 SH DEFINED 0 65000 0
CONSOL ENERGY INC COM 20854P109 11944 156600 SH DEFINED 0 156600 0
CONSTELLATION BRANDS INC CL A 21036P108 5972 229700 SH DEFINED 0 228400 1300
CONSTELLATION ENERGY GROUP I COM 210371100 2944 47800 SH DEFINED 0 47800 0
CONVERGYS CORP COM 212485106 359 25000 SH DEFINED 0 25000 0
COOPER CAMERON CORP DBCV 1.500% 5/1 216640AE2 301 250000 PRN DEFINED 0 250000 0
COOPER CAMERON CORP COM 216640102 6875 93000 SH DEFINED 0 93000 0
COOPER COS INC COM NEW 216648402 4099 53500 SH DEFINED 0 53500 0
CORNING INC COM 219350105 13815 714700 SH DEFINED 0 714700 0
CORPORATE EXECUTIVE BRD CO COM 21988R102 5022 64400 SH DEFINED 0 64400 0
CORUS BANKSHARES INC COM 220873103 362 6600 SH DEFINED 0 6600 0
COSTCO WHSL CORP NEW COM 22160K105 233 5400 SH DEFINED 0 5400 0
COVANCE INC COM 222816100 4588 95600 SH DEFINED 0 95600 0
COVENTRY HEALTH CARE INC COM 222862104 5084 59100 SH DEFINED 0 59100 0
CP HOLDRS DEP RCPTS CP 12616K106 11476 85500 SH DEFINED 0 85500 0
CRA INTL INC COM 12618T105 1347 32300 SH DEFINED 0 32300 0
CRESCENT REAL ESTATE EQUITIE COM 225756105 1026 50000 SH DEFINED 0 50000 0
CROWN CASTLE INTL CORP COM 228227104 1527 62000 SH DEFINED 0 62000 0
CRUCELL N V SPONSORED ADR 228769105 483 18000 SH DEFINED 0 18000 0
CSG SYS INTL INC CONV BD 2 5 & 0 126349AA7 202 200000 PRN DEFINED 0 200000 0
CSX CORP COM 126408103 7669 165000 SH DEFINED 0 165000 0
CSX CORP DBCV 10/3 126408GA5 228 250000 PRN DEFINED 0 250000 0
CUBIC CORP COM 229669106 922 53850 SH DEFINED 0 51000 2850
CULLEN FROST BANKERS INC COM 229899109 854 17300 SH DEFINED 0 17300 0
CURTISS WRIGHT CORP COM 231561101 1234 20000 SH DEFINED 0 20000 0
CVS CORP COM 126650100 2849 98200 SH DEFINED 0 98200 0
CYPRESS SEMICONDUCTOR CORP COM 232806109 403 26800 SH DEFINED 0 26000 800
CYTYC CORP COM 232946103 752 28000 SH DEFINED 0 28000 0
DADE BEHRING HLDGS INC COM 23342J206 4297 117200 SH DEFINED 0 117200 0
DANAHER CORP DEL COM 235851102 4920 91400 SH DEFINED 0 91400 0
DARDEN RESTAURANTS INC COM 237194105 2597 85500 SH DEFINED 0 85500 0
DAVITA INC COM 23918K108 5623 122056 SH DEFINED 0 122056 0
DEAN FOODS CO NEW COM 242370104 4541 116850 SH DEFINED 0 116850 0
DECODE GENETICS INC NOTE 3.500% 4/1 243586AB0 173 200000 PRN DEFINED 0 200000 0
DELL INC COM 24702R101 226 6600 SH DEFINED 0 4400 2200
DELPHI FINL GROUP INC CL A 247131105 3356 71700 SH DEFINED 0 71700 0
DENBURY RES INC COM NEW 247916208 6139 121700 SH DEFINED 0 121700 0
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