UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2001 Check here if Amendment [ ]; Amendment No. ___ This Amendment (check one only): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Waddell & Reed Financial, Inc. Address: 6300 Lamar Avenue Overland Park, KS 66202 Form 13F File Number: 28-7592 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. Persons Signing this Report on Behalf of Reporting Manager: Name: Daniel C. Schulte Title: Secretary Phone: (913) 236-2012 Signature, Place and Date of Signing: /s/ Daniel C. Schulte Overland Park, Kansas February 12, 2002 The securities reported on herein are beneficially owned by one or more open-end investment companies or other managed accounts which are advised by Waddell & Reed Investment Management Company ("WRIMCO") or sub-advised by WRIMCO for Waddell & Reed Asset Managment Company, a non-affiliated company or by managed accounts advised by Austin, Calvert & Flavin, Inc. ("ACF"), an investment advisor and wholly owned subsidiary of WRIMCO. WRIMCO is an investment advisory subsidiary of Waddell & Reed, Inc. ("WRI"). WRI is a broker-dealer and underwriting subsidiary of Waddell & Reed Financial Services, Inc., a parent holding company ("WRFSI"). WRFSI is a subsidiary of Waddell & Reed Financial, Inc., a publicly traded company ("WDR"). WDR, WRFSI and WRI are deemed to have "investment discretion" over the securities due to their control relationship with WRIMCO and ACF pursuant to Rule 13f-1(b) of the 1934 Securities Exchange Act, as amended. Report Type (check only one): [X] 13F HOLDINGS. (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: 4 Form 13F Information Table Entry Total 597 Form 13F Information Table Value Total $ 22,411,290 ($ 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. No. Form 13F File Number Name 1 28-7594 Waddell & Reed Financial Services, Inc. 2 28-375 Waddell & Reed, Inc. 3 28-4466 Waddell & Reed Investment Management Company 4 28-3226 Austin, Calvert & Flavin, Inc. 12/31/01 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 FAIR SHARES/ TITLE OF CUSIP MARKET PRINCIPAL SH/ NAME OF ISSUE CLASS NUMBER VALUE AMOUNT PRN A D C TELECOMMUNICATIONS COM 000886101 40,529 8,801,000 SH AMB PROPERTY CORP COM 00163T109 520 20,000 SH AMN HEALTHCARE SERVICES INC COM 001744101 13,777 502,800 SH AOL TIME WARNER INC COM 00184A105 23,672 737,444 SH AOL TIME WARNER INC COM 00184A105 422,713 13,168,620 SH AT & T CDA INC DEPS RCPT CL B 00207Q202 15,118 500,680 SH AT&T WIRELESS SVCS INC COM 00209A106 5,636 392,189 SH AT&T WIRELESS SVCS INC COM 00209A106 58,399 4,063,950 SH ABBOTT LABS COM 002824100 40,411 724,869 SH ABBOTT LABS COM 002824100 33,255 596,500 SH ABERCROMBIE & FITCH CO CL A 002896207 22,077 832,150 SH ACXIOM CORP COM 005125109 63,981 3,665,500 SH ADELPHIA COMMUNICATIONS CORP CL A 006848105 101,692 3,260,925 SH ADVANCED FIBRE COMMUNICATIONS COM 00754A105 52,886 2,993,000 SH AFFYMETRIX INC COM 00826T108 75,442 1,998,200 SH AGERE SYS INC COM 00845V100 37,558 6,600,790 SH AGNICO EAGLE MINES LTD COM 008474108 1,546 156,600 SH AIR PRODS & CHEMS INC COM 009158106 37 795 SH AIR PRODS & CHEMS INC COM 009158106 106,709 2,274,750 SH ALBERTSONS INC COM 013104104 457 14,500 SH ALCOA INC COM 013817101 812 22,830 SH ALCOA INC COM 013817101 149,368 4,201,635 SH ALLEGHANY CORP DEL COM 017175100 212 1,100 SH ALLEGHENY ENERGY INC COM 017361106 1,677 46,300 SH ALLEGHENY ENERGY INC COM 017361106 2,336 64,500 SH ALLIANT TECHSYSTEMS INC COM 018804104 38,600 500,000 SH ALLMERICA FINL CORP COM 019754100 22,275 500,000 SH ALLSTATE CORP COM 020002101 2,260 67,072 SH ALLSTATE CORP COM 020002101 36,666 1,088,000 SH ALLTEL CORP COM 020039103 14,748 238,910 SH ALLTEL CORP COM 020039103 2,377 38,500 SH ALTERA CORP COM 021441100 4 200 SH ALTERA CORP COM 021441100 19,690 928,550 SH AMERADA HESS CORP COM 023551104 31,250 500,000 SH AMERICA MOVIL S A DE C V SPON ADR L SHS 02364W105 211 10,850 SH AMERICAN ELEC PWR INC COM 025537101 267 6,140 SH AMERICAN ELEC PWR INC COM 025537101 1,741 40,000 SH AMERICAN EXPRESS CO COM 025816109 19,723 552,629 SH AMERICAN EXPRESS CO COM 025816109 12,914 361,850 SH AMERICAN HEALTHWAYS INC COM 02649V104 38,916 1,216,300 SH AMERICAN HOME PRODS CORP COM 026609107 19,121 311,625 SH AMERICAN HOME PRODS CORP COM 026609107 287,297 4,682,150 SH AMERICAN INTL GROUP INC COM 026874107 28,060 353,397 SH AMERICAN INTL GROUP INC COM 026874107 300,692 3,787,047 SH AMERICAN ITALIAN PASTA CO CL A 027070101 77,045 1,833,100 SH AMERICAN TOWER CORP CL A 029912201 9,205 972,000 SH AMERISTAR CASINOS INC COM 03070Q101 3,132 125,000 SH AMERISOURCEBERGEN CORP COM 03073E105 5,084 80,000 SH AMGEN INC COM 031162100 11,247 199,293 SH 12/31/01 ITEM 1 ITEM 6 ITEM 7 ITEM 8 VOTING MANAGERS AUTHORITY PUT/ INVESTMENT SEE (SHARES) NAME OF ISSUE CALL DISCRETION INSTR V (A) SOLE (B) SHARED (C) NONE A D C TELECOMMUNICATIONS DEFINED 1,2,3 8,801,000 AMB PROPERTY CORP DEFINED 1,2,3,4 20,000 AMN HEALTHCARE SERVICES INC DEFINED 1,2,3 502,800 AOL TIME WARNER INC DEFINED 1,2,3,4 737,444 AOL TIME WARNER INC DEFINED 1,2,3 13,168,620 AT & T CDA INC DEFINED 1,2,3 500,680 AT&T WIRELESS SVCS INC DEFINED 1,2,3,4 392,189 AT&T WIRELESS SVCS INC DEFINED 1,2,3 4,063,950 ABBOTT LABS DEFINED 1,2,3,4 724,869 ABBOTT LABS DEFINED 1,2,3 596,500 ABERCROMBIE & FITCH CO DEFINED 1,2,3 832,150 ACXIOM CORP DEFINED 1,2,3 3,665,500 ADELPHIA COMMUNICATIONS CORP DEFINED 1,2,3 3,260,925 ADVANCED FIBRE COMMUNICATIONS DEFINED 1,2,3 2,993,000 AFFYMETRIX INC DEFINED 1,2,3 1,998,200 AGERE SYS INC DEFINED 1,2,3 6,600,790 AGNICO EAGLE MINES LTD DEFINED 1,2,3 156,600 AIR PRODS & CHEMS INC DEFINED 1,2,3,4 795 AIR PRODS & CHEMS INC DEFINED 1,2,3 2,274,750 ALBERTSONS INC DEFINED 1,2,3 14,500 ALCOA INC DEFINED 1,2,3,4 22,830 ALCOA INC DEFINED 1,2,3 4,201,635 ALLEGHANY CORP DEL DEFINED 1,2,3,4 1,100 ALLEGHENY ENERGY INC DEFINED 1,2,3,4 46,300 ALLEGHENY ENERGY INC DEFINED 1,2,3 64,500 ALLIANT TECHSYSTEMS INC DEFINED 1,2,3 500,000 ALLMERICA FINL CORP DEFINED 1,2,3 500,000 ALLSTATE CORP DEFINED 1,2,3,4 67,072 ALLSTATE CORP DEFINED 1,2,3 1,088,000 ALLTEL CORP DEFINED 1,2,3,4 238,910 ALLTEL CORP DEFINED 1,2,3 38,500 ALTERA CORP DEFINED 1,2,3,4 200 ALTERA CORP DEFINED 1,2,3 928,550 AMERADA HESS CORP DEFINED 1,2,3 500,000 AMERICA MOVIL S A DE C V DEFINED 1,2,3,4 10,850 AMERICAN ELEC PWR INC DEFINED 1,2,3,4 6,140 AMERICAN ELEC PWR INC DEFINED 1,2,3 40,000 AMERICAN EXPRESS CO DEFINED 1,2,3,4 552,629 AMERICAN EXPRESS CO DEFINED 1,2,3 361,850 AMERICAN HEALTHWAYS INC DEFINED 1,2,3 1,216,300 AMERICAN HOME PRODS CORP DEFINED 1,2,3,4 311,625 AMERICAN HOME PRODS CORP DEFINED 1,2,3 4,682,150 AMERICAN INTL GROUP INC DEFINED 1,2,3,4 353,397 AMERICAN INTL GROUP INC DEFINED 1,2,3 3,787,047 AMERICAN ITALIAN PASTA CO DEFINED 1,2,3 1,833,100 AMERICAN TOWER CORP DEFINED 1,2,3 972,000 AMERISTAR CASINOS INC DEFINED 1,2,3 125,000 AMERISOURCEBERGEN CORP DEFINED 1,2,3 80,000 AMGEN INC DEFINED 1,2,3,4 199,293 12/31/01 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 FAIR SHARES/ TITLE OF CUSIP MARKET PRINCIPAL SH/ NAME OF ISSUE CLASS NUMBER VALUE AMOUNT PRN AMGEN INC COM 031162100 16,682 295,600 SH AMPHENOL CORP NEW CL A 032095101 19,220 400,000 SH AMSURG CORP COM 03232P405 47,777 1,757,461 SH ANADARKO PETE CORP COM 032511107 9,710 170,808 SH ANADARKO PETE CORP COM 032511107 368,883 6,488,700 SH ANALOG DEVICES INC COM 032654105 178,998 4,032,400 SH ANGLOGOLD LTD SPONSORED ADR 035128206 5,028 278,428 SH ANHEUSER BUSCH COS INC COM 035229103 172 3,800 SH ANHEUSER BUSCH COS INC COM 035229103 100,965 2,233,250 SH ANTHEM INC COM 03674B104 54,071 1,092,350 SH APACHE CORP COM 037411105 38 770 SH APACHE CORP COM 037411105 122,695 2,459,805 SH APHTON CORP COM 03759P101 4,355 300,000 SH APRIA HEALTHCARE GROUP INC COM 037933108 34,466 1,379,200 SH APPLIED MATLS INC COM 038222105 71,910 1,793,050 SH APTARGROUP INC COM 038336103 40,645 1,160,300 SH ARBITRON INC COM 03875Q108 11,999 351,350 SH ARCH COAL INC COM 039380100 6,692 294,800 SH ARCHSTONE SMITH TR COM 039583109 13,239 503,393 SH ARCHSTONE SMITH TR COM 039583109 2,130 81,000 SH ARMOR HOLDINGS INC COM 042260109 1,215 45,000 SH AUTOMATIC DATA PROCESSING INC COM 053015103 207 3,520 SH AVAYA INC COM 053499109 148 12,205 SH BJ SVCS CO COM 055482103 325 10,000 SH BP AMOCO P L C SPONSORED ADR 055622104 2,283 49,079 SH BP AMOCO P L C SPONSORED ADR 055622104 42,859 921,500 SH BRE PROPERTIES INC CLA 05564E106 650 21,000 SH BAKER HUGHES INC COM 057224107 61 1,667 SH BAKER HUGHES INC COM 057224107 299,264 8,205,750 SH BAM ENTMNT INC COM 059361105 3,452 415,650 SH BANK OF AMERICA CORPORATION COM 060505104 546 8,672 SH BANK OF AMERICA CORPORATION COM 060505104 81,045 1,287,445 SH BANK NEW YORK INC COM 064057102 50,796 1,245,000 SH BANK ONE CORP COM 06423A103 98 2,500 SH BANK ONE CORP COM 06423A103 23,430 600,000 SH BARRICK GOLD CORP COM 067901108 7,127 446,843 SH BAXTER INTL INC COM 071813109 42,113 785,258 SH BEA SYS INC COM 073325102 28,260 1,834,450 SH BEA SYS INC SB NT CV 4%06 073325AD4 5,093 6,000,000 PRN BECTON DICKINSON & CO COM 075887109 259 7,800 SH BECTON DICKINSON & CO COM 075887109 2,088 63,000 SH BELLSOUTH CORP COM 079860102 1,190 31,188 SH BELLSOUTH CORP COM 079860102 97,693 2,560,750 SH BERKSHIRE HATHAWAY INC DEL CL B 084670207 54,032 21,399 SH BERKSHIRE HATHAWAY INC DEL CL B 084670207 20,958 8,300 SH BEST BUY INC COM 086516101 51,879 696,550 SH BIOGEN INC COM 090597105 6,398 111,550 SH BIOGEN INC COM 090597105 213,652 3,725,075 SH BIOMET INC COM 090613100 24,564 794,575 SH BIOSITE INC COM 090945106 14,215 771,500 SH BLOCKBUSTER INC CL A 093679108 27,166 1,078,000 SH BORDERS GROUP INC COM 099709107 14,658 738,800 SH BORG WARNER INC COM 099724106 1,447 27,700 SH BRISTOL MYERS SQUIBB CO COM 110122108 3,244 63,617 SH BRISTOL MYERS SQUIBB CO COM 110122108 84,079 1,648,600 SH 12/31/01 ITEM 1 ITEM 6 ITEM 7 ITEM 8 VOTING MANAGERS AUTHORITY PUT/ INVESTMENT SEE (SHARES) NAME OF ISSUE CALL DISCRETION INSTR V (A) SOLE (B) SHARED (C) NONE AMGEN INC DEFINED 1,2,3 295,600 AMPHENOL CORP NEW DEFINED 1,2,3 400,000 AMSURG CORP DEFINED 1,2,3 1,757,461 ANADARKO PETE CORP DEFINED 1,2,3,4 170,808 ANADARKO PETE CORP DEFINED 1,2,3 6,488,700 ANALOG DEVICES INC DEFINED 1,2,3 4,032,400 ANGLOGOLD LTD DEFINED 1,2,3 278,428 ANHEUSER BUSCH COS INC DEFINED 1,2,3,4 3,800 ANHEUSER BUSCH COS INC DEFINED 1,2,3 2,233,250 ANTHEM INC DEFINED 1,2,3 1,092,350 APACHE CORP DEFINED 1,2,3,4 770 APACHE CORP DEFINED 1,2,3 2,459,805 APHTON CORP DEFINED 1,2,3 300,000 APRIA HEALTHCARE GROUP INC DEFINED 1,2,3 1,379,200 APPLIED MATLS INC DEFINED 1,2,3 1,793,050 APTARGROUP INC DEFINED 1,2,3 1,160,300 ARBITRON INC DEFINED 1,2,3 351,350 ARCH COAL INC DEFINED 1,2,3 294,800 ARCHSTONE SMITH TR DEFINED 1,2,3,4 503,393 ARCHSTONE SMITH TR DEFINED 1,2,3 81,000 ARMOR HOLDINGS INC DEFINED 1,2,3 45,000 AUTOMATIC DATA PROCESSING INC DEFINED 1,2,3,4 3,520 AVAYA INC DEFINED 1,2,3,4 12,205 BJ SVCS CO DEFINED 1,2,3,4 10,000 BP AMOCO P L C DEFINED 1,2,3,4 49,079 BP AMOCO P L C DEFINED 1,2,3 921,500 BRE PROPERTIES INC DEFINED 1,2,3,4 21,000 BAKER HUGHES INC DEFINED 1,2,3,4 1,667 BAKER HUGHES INC DEFINED 1,2,3 8,205,750 BAM ENTMNT INC DEFINED 1,2,3 415,650 BANK OF AMERICA CORPORATION DEFINED 1,2,3,4 8,672 BANK OF AMERICA CORPORATION DEFINED 1,2,3 1,287,445 BANK NEW YORK INC DEFINED 1,2,3 1,245,000 BANK ONE CORP DEFINED 1,2,3,4 2,500 BANK ONE CORP DEFINED 1,2,3 600,000 BARRICK GOLD CORP DEFINED 1,2,3 446,843 BAXTER INTL INC DEFINED 1,2,3,4 785,258 BEA SYS INC DEFINED 1,2,3 1,834,450 BEA SYS INC DEFINED 1,2,3 6,000,000 BECTON DICKINSON & CO DEFINED 1,2,3,4 7,800 BECTON DICKINSON & CO DEFINED 1,2,3 63,000 BELLSOUTH CORP DEFINED 1,2,3,4 31,188 BELLSOUTH CORP DEFINED 1,2,3 2,560,750 BERKSHIRE HATHAWAY INC DEL DEFINED 1,2,3,4 21,399 BERKSHIRE HATHAWAY INC DEL DEFINED 1,2,3 8,300 BEST BUY INC DEFINED 1,2,3 696,550 BIOGEN INC DEFINED 1,2,3,4 111,550 BIOGEN INC DEFINED 1,2,3 3,725,075 BIOMET INC DEFINED 1,2,3 794,575 BIOSITE INC DEFINED 1,2,3 771,500 BLOCKBUSTER INC DEFINED 1,2,3 1,078,000 BORDERS GROUP INC DEFINED 1,2,3 738,800 BORG WARNER INC DEFINED 1,2,3 27,700 BRISTOL MYERS SQUIBB CO DEFINED 1,2,3,4 63,617 BRISTOL MYERS SQUIBB CO DEFINED 1,2,3 1,648,600 12/31/01 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 FAIR SHARES/ TITLE OF CUSIP MARKET PRINCIPAL SH/ NAME OF ISSUE CLASS NUMBER VALUE AMOUNT PRN BROADCOM CORP CL A 111320107 6,131 150,000 SH BROADWING INC COM 111620100 713 75,000 SH BROCADE COMMUNICATIONS SYS INC COM 111621108 9,285 280,300 SH BROWN TOM INC COM NEW 115660201 18,073 669,250 SH BROWN TOM INC COM NEW 115660201 12,945 479,350 SH BURLINGTON RES INC COM 122014103 11,573 308,288 SH BURLINGTON RES INC COM 122014103 285,123 7,595,187 SH CLECO CORP NEW COM 12561W105 216 9,816 SH CNA FINL CORP COM 126117100 23,336 800,000 SH CP HOLDRS DEP RCPTS CP 12616K106 1,432 36,500 SH CABOT MICROELECTRONICS CORP COM 12709P103 35,840 452,300 SH CARNIVAL CORP COM 143658102 31,065 1,106,299 SH CARRAMERICA RLTY CORP COM 144418100 187 6,200 SH CARRAMERICA RLTY CORP COM 144418100 12,341 410,000 SH CATALINA MARKETING CORP COM 148867104 48,934 1,410,200 SH CATERPILLAR INC DEL COM 149123101 59 1,120 SH CATERPILLAR INC DEL COM 149123101 122,518 2,344,850 SH CELL THERAPEUTICS INC COM 150934107 5,129 212,650 SH CELESTICA INC SUB VTG SHS 15101Q108 6,059 150,000 SH CENDANT CORP COM 151313103 278 14,200 SH CENDANT CORP COM 151313103 112,216 5,722,390 SH CENTILLIUM COMMUNICATIONS INC COM 152319109 547 68,800 SH CENTURYTEL INC COM 156700106 10,981 334,800 SH CERNER CORP COM 156782104 38,322 767,600 SH CHARTER ONE FINL INC COM 160903100 24,272 894,000 SH CHARTER COMMUNICATIONS INC DEL CL A 16117M107 79,997 4,867,500 SH CHARTER COMMUNICATIONS INC DEL SR NT CV 4.,75%06 16117MAC1 9,125 10,000,000 PRN CHECKFREE CORP NEW COM 162813109 25,921 1,439,250 SH CHEVRONTEXACO CORP COM 166764100 8,515 95,024 SH CHUBB CORP COM 171232101 834 12,083 SH CHUBB CORP COM 171232101 180,059 2,609,550 SH CIENA CORP NT CONV 3.75%08 171779AA9 7,040 11,000,000 PRN CINERGY CORP COM 172474108 2,303 68,900 SH CINERGY CORP COM 172474108 1,912 57,200 SH CIRCUIT CITY STORE INC CIRCT CITY GRP 172737108 26,199 1,009,600 SH CISCO SYS INC COM 17275R102 2,027 111,900 SH CISCO SYS INC COM 17275R102 262,296 14,479,500 SH CITIGROUP INC COM 172967101 2,320 45,967 SH CITIGROUP INC COM 172967101 192,887 3,821,050 SH CITIZENS COMMUNICATIONS CO COM 17453B101 22,250 2,087,250 SH CITRIX SYS INC COM 177376100 31,058 1,370,300 SH CLEAR CHANNEL COMMUNICATIONS COM 184502102 5,466 107,358 SH CLEAR CHANNEL COMMUNICATIONS COM 184502102 195,464 3,839,400 SH COCA COLA CO COM 191216100 3,475 73,697 SH COCA COLA CO COM 191216100 6,130 130,000 SH COLGATE PALMOLIVE CO COM 194162103 61 1,052 SH COLGATE PALMOLIVE CO COM 194162103 19,918 344,900 SH COLUMBIA LABS INC COM 197779101 311 90,000 SH COMCAST CORP CL A 200300200 65 1,813 SH COMCAST CORP CL A 200300200 57,930 1,608,950 SH COMCAST CORP ZONES CV2% PCS 200300507 2,009 2,750,000 PRN COMPAQ COMPUTER CORP COM 204493100 110 11,250 SH CONAGRA FOODS INC COM 205887102 41,724 1,755,335 SH CONAGRA FOODS INC COM 205887102 13,882 584,000 SH CONCORD EFS INC COM 206197105 146,100 4,456,300 SH 12/31/01 ITEM 1 ITEM 6 ITEM 7 ITEM 8 VOTING MANAGERS AUTHORITY PUT/ INVESTMENT SEE (SHARES) NAME OF ISSUE CALL DISCRETION INSTR V (A) SOLE (B) SHARED (C) NONE BROADCOM CORP DEFINED 1,2,3 150,000 BROADWING INC DEFINED 1,2,3,4 75,000 BROCADE COMMUNICATIONS SYS INC DEFINED 1,2,3 280,300 BROWN TOM INC DEFINED 1,2,3,4 669,250 BROWN TOM INC DEFINED 1,2,3 479,350 BURLINGTON RES INC DEFINED 1,2,3,4 308,288 BURLINGTON RES INC DEFINED 1,2,3 7,595,187 CLECO CORP NEW DEFINED 1,2,3,4 9,816 CNA FINL CORP DEFINED 1,2,3 800,000 CP HOLDRS DEFINED 1,2,3 36,500 CABOT MICROELECTRONICS CORP DEFINED 1,2,3 452,300 CARNIVAL CORP DEFINED 1,2,3,4 1,106,299 CARRAMERICA RLTY CORP DEFINED 1,2,3,4 6,200 CARRAMERICA RLTY CORP DEFINED 1,2,3 410,000 CATALINA MARKETING CORP DEFINED 1,2,3 1,410,200 CATERPILLAR INC DEL DEFINED 1,2,3,4 1,120 CATERPILLAR INC DEL DEFINED 1,2,3 2,344,850 CELL THERAPEUTICS INC DEFINED 1,2,3 212,650 CELESTICA INC DEFINED 1,2,3 150,000 CENDANT CORP DEFINED 1,2,3,4 14,200 CENDANT CORP DEFINED 1,2,3 5,722,390 CENTILLIUM COMMUNICATIONS INC DEFINED 1,2,3 68,800 CENTURYTEL INC DEFINED 1,2,3 334,800 CERNER CORP DEFINED 1,2,3 767,600 CHARTER ONE FINL INC DEFINED 1,2,3 894,000 CHARTER COMMUNICATIONS INC DEL DEFINED 1,2,3 4,867,500 CHARTER COMMUNICATIONS INC DEL DEFINED 1,2,3 10,000,000 CHECKFREE CORP NEW DEFINED 1,2,3 1,439,250 CHEVRONTEXACO CORP DEFINED 1,2,3,4 95,024 CHUBB CORP DEFINED 1,2,3,4 12,083 CHUBB CORP DEFINED 1,2,3 2,609,550 CIENA CORP DEFINED 1,2,3 11,000,000 CINERGY CORP DEFINED 1,2,3,4 68,900 CINERGY CORP DEFINED 1,2,3 57,200 CIRCUIT CITY STORE INC DEFINED 1,2,3 1,009,600 CISCO SYS INC DEFINED 1,2,3,4 111,900 CISCO SYS INC DEFINED 1,2,3 14,479,500 CITIGROUP INC DEFINED 1,2,3,4 45,967 CITIGROUP INC DEFINED 1,2,3 3,821,050 CITIZENS COMMUNICATIONS CO DEFINED 1,2,3 2,087,250 CITRIX SYS INC DEFINED 1,2,3 1,370,300 CLEAR CHANNEL COMMUNICATIONS DEFINED 1,2,3,4 107,358 CLEAR CHANNEL COMMUNICATIONS DEFINED 1,2,3 3,839,400 COCA COLA CO DEFINED 1,2,3,4 73,697 COCA COLA CO DEFINED 1,2,3 130,000 COLGATE PALMOLIVE CO DEFINED 1,2,3,4 1,052 COLGATE PALMOLIVE CO DEFINED 1,2,3 344,900 COLUMBIA LABS INC DEFINED 1,2,3,4 90,000 COMCAST CORP DEFINED 1,2,3,4 1,813 COMCAST CORP DEFINED 1,2,3 1,608,950 COMCAST CORP DEFINED 1,2,3 2,750,000 COMPAQ COMPUTER CORP DEFINED 1,2,3,4 11,250 CONAGRA FOODS INC DEFINED 1,2,3,4 1,755,335 CONAGRA FOODS INC DEFINED 1,2,3 584,000 CONCORD EFS INC DEFINED 1,2,3 4,456,300 12/31/01 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 FAIR SHARES/ TITLE OF CUSIP MARKET PRINCIPAL SH/ NAME OF ISSUE CLASS NUMBER VALUE AMOUNT PRN CONOCO INC COM 208251504 42,450 1,500,000 SH CONSOL ENERGY INC COM 20854P109 1,199 48,250 SH COOPER CAMERON CORP COM 216640102 95,416 2,364,125 SH CORNING INC COM 219350105 3,257 365,100 SH COUNTRYWIDE CR INDS INC DEL COM 222372104 98 2,400 SH COUNTRYWIDE CR INDS INC DEL COM 222372104 2,253 55,000 SH COX COMMUNICATIONS INC NEW CL A 224044107 22,106 527,475 SH COX COMMUNICATIONS INC NEW CL A 224044107 327,349 7,810,760 SH COX RADIO INC CL A 224051102 16,384 643,000 SH CREDENCE SYS CORP COM 225302108 18,378 989,400 SH CREE INC COM 225447101 60,035 2,037,500 SH CROSS CTRY INC COM 22748P105 530 20,000 SH CROWN CASTLE INTL CORP COM 228227104 657 61,500 SH CUBIST PHARMACEUTICALS INC COM 229678107 19,438 542,440 SH CULLEN FROST BANKERS INC COM 229899109 1,703 55,156 SH CYPRESS SEMICONDUCTOR CORP COM 232806109 9,410 472,150 SH CYPRESS SEMICONDUCTOR CORP COM 232806AF6 4,069 5,000,000 PRN DST SYS INC DEL COM 233326107 24,925 500,000 SH DANAHER CORP DEL COM 235851102 8,841 146,600 SH SUIZA FOODS CORP COM 865077101 3,546 52,000 SH DEERE & CO COM 244199105 1,323 30,300 SH DEERE & CO COM 244199105 188,137 4,309,150 SH DELL COMPUTER CORP COM 247025109 93 3,425 SH DELL COMPUTER CORP COM 247025109 85,763 3,157,100 SH DENDRITE INTL INC COM 248239105 51,883 3,699,300 SH DEVON ENERGY CORP NEW COM 25179M103 725 18,754 SH DIGITAL INSIGHT CORP COM 25385P106 85,753 3,813,800 SH DISNEY WALT CO COM DISNEY 254687106 539 25,991 SH DISNEY WALT CO COM DISNEY 254687106 111,869 5,399,074 SH DOW CHEM CO COM 260543103 17,170 508,291 SH DOW CHEM CO COM 260543103 169,405 5,014,935 SH DU PONT E I DE NEMOURS & CO COM 263534109 4,692 110,383 SH DU PONT E I DE NEMOURS & CO COM 263534109 138,506 3,258,200 SH DUKE ENERGY CORP COM 264399106 60 1,535 SH DUKE ENERGY CORP COM 264399106 385 9,800 SH E M C CORP MASS COM 268648102 108 8,000 SH E M C CORP MASS COM 268648102 129,347 9,624,030 SH ENI S P A SPONSORED ADR 26874R108 539 8,700 SH E PIPHANY INC COM 26881V100 11,538 1,318,600 SH EPIQ SYS INC COM 26882D109 2,185 112,500 SH EARTHLINK INC COM 270321102 646 53,100 SH EBAY INC COM 278642103 167,833 2,508,900 SH ECLIPSYS CORP COM 278856109 22,862 1,365,300 SH EDISON SCHOOLS INC CL A 281033100 59,498 3,031,770 SH J D EDWARDS & CO COM 281667105 36,365 2,204,625 SH EL PASO CORP COM 28336L109 1,319 29,569 SH EL PASO CORP COM 28336L109 267,107 5,987,600 SH EMERSON ELEC CO COM 291011104 1,325 23,205 SH EMMIS COMMUNICATIONS CORP CL A 291525103 20,410 865,400 SH ENCORE ACQUISITION CO COM 29255W100 291 23,800 SH EQUIFAX INC COM 294429105 111 4,600 SH EQUITY OFFICE PROPERTIES TRUST COM 294741103 721 23,975 SH EQUITY OFFICE PROPERTIES TRUST COM 294741103 1,263 42,000 SH EQUITY RESIDENTIAL PPTYS TR SH BEN INT 29476L107 2,354 82,000 SH ERICSSON L M TEL CO ADR CL B SEK10 294821400 484 92,600 SH 12/31/01 ITEM 1 ITEM 6 ITEM 7 ITEM 8 VOTING MANAGERS AUTHORITY PUT/ INVESTMENT SEE (SHARES) NAME OF ISSUE CALL DISCRETION INSTR V (A) SOLE (B) SHARED (C) NONE CONOCO INC DEFINED 1,2,3 1,500,000 CONSOL ENERGY INC DEFINED 1,2,3 48,250 COOPER CAMERON CORP DEFINED 1,2,3 2,364,125 CORNING INC DEFINED 1,2,3 365,100 COUNTRYWIDE CR INDS INC DEL DEFINED 1,2,3,4 2,400 COUNTRYWIDE CR INDS INC DEL DEFINED 1,2,3 55,000 COX COMMUNICATIONS INC NEW DEFINED 1,2,3,4 527,475 COX COMMUNICATIONS INC NEW DEFINED 1,2,3 7,810,760 COX RADIO INC DEFINED 1,2,3 643,000 CREDENCE SYS CORP DEFINED 1,2,3 989,400 CREE INC DEFINED 1,2,3 2,037,500 CROSS CTRY INC DEFINED 1,2,3 20,000 CROWN CASTLE INTL CORP DEFINED 1,2,3 61,500 CUBIST PHARMACEUTICALS INC DEFINED 1,2,3 542,440 CULLEN FROST BANKERS INC DEFINED 1,2,3,4 55,156 CYPRESS SEMICONDUCTOR CORP DEFINED 1,2,3 472,150 CYPRESS SEMICONDUCTOR CORP DEFINED 1,2,3 5,000,000 DST SYS INC DEL DEFINED 1,2,3 500,000 DANAHER CORP DEL DEFINED 1,2,3 146,600 SUIZA FOODS CORP DEFINED 1,2,3 52,000 DEERE & CO DEFINED 1,2,3,4 30,300 DEERE & CO DEFINED 1,2,3 4,309,150 DELL COMPUTER CORP DEFINED 1,2,3,4 3,425 DELL COMPUTER CORP DEFINED 1,2,3 3,157,100 DENDRITE INTL INC DEFINED 1,2,3 3,699,300 DEVON ENERGY CORP NEW DEFINED 1,2,3,4 18,754 DIGITAL INSIGHT CORP DEFINED 1,2,3 3,813,800 DISNEY WALT CO DEFINED 1,2,3,4 25,991 DISNEY WALT CO DEFINED 1,2,3 5,399,074 DOW CHEM CO DEFINED 1,2,3,4 508,291 DOW CHEM CO DEFINED 1,2,3 5,014,935 DU PONT E I DE NEMOURS & CO DEFINED 1,2,3,4 110,383 DU PONT E I DE NEMOURS & CO DEFINED 1,2,3 3,258,200 DUKE ENERGY CORP DEFINED 1,2,3,4 1,535 DUKE ENERGY CORP DEFINED 1,2,3 9,800 E M C CORP MASS DEFINED 1,2,3,4 8,000 E M C CORP MASS DEFINED 1,2,3 9,624,030 ENI S P A DEFINED 1,2,3 8,700 E PIPHANY INC DEFINED 1,2,3 1,318,600 EPIQ SYS INC DEFINED 1,2,3 112,500 EARTHLINK INC DEFINED 1,2,3 53,100 EBAY INC DEFINED 1,2,3 2,508,900 ECLIPSYS CORP DEFINED 1,2,3 1,365,300 EDISON SCHOOLS INC DEFINED 1,2,3 3,031,770 J D EDWARDS & CO DEFINED 1,2,3 2,204,625 EL PASO CORP DEFINED 1,2,3,4 29,569 EL PASO CORP DEFINED 1,2,3 5,987,600 EMERSON ELEC CO DEFINED 1,2,3,4 23,205 EMMIS COMMUNICATIONS CORP DEFINED 1,2,3 865,400 ENCORE ACQUISITION CO DEFINED 1,2,3,4 23,800 EQUIFAX INC DEFINED 1,2,3,4 4,600 EQUITY OFFICE PROPERTIES TRUST DEFINED 1,2,3,4 23,975 EQUITY OFFICE PROPERTIES TRUST DEFINED 1,2,3 42,000 EQUITY RESIDENTIAL PPTYS TR DEFINED 1,2,3 82,000 ERICSSON L M TEL CO DEFINED 1,2,3,4 92,600 12/31/01 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 FAIR SHARES/ TITLE OF CUSIP MARKET PRINCIPAL SH/ NAME OF ISSUE CLASS NUMBER VALUE AMOUNT PRN ERICSSON L M TEL CO ADR CL B SEK10 294821400 79,791 15,271,040 SH ESPEED INC CL A 296643109 439 52,600 SH EURONET WORLDWIDE INC COM 298736109 34,720 1,911,350 SH EVERGREEN RES INC COM NO PAR 299900308 660 17,100 SH EXELON CORP COM 30161N101 84 1,750 SH EXELON CORP COM 30161N101 6,075 126,875 SH EXPRESS SCRIPTS INC COM 302182100 31,449 671,200 SH EXXON MOBIL CORP COM 30231G102 36,664 932,919 SH EXXON MOBIL CORP COM 30231G102 239,736 6,100,162 SH FACTSET RESH SYS INC COM 303075105 44,261 1,266,400 SH FASTENAL CO COM 311900104 17,615 265,150 SH FEDERAL HOME LN MTG CORP COM 313400301 235 3,586 SH FEDERAL HOME LN MTG CORP COM 313400301 231,346 3,537,400 SH FEDERAL NATL MTG ASSN COM 313586109 31,008 390,043 SH FEDERAL NATL MTG ASSN COM 313586109 223,343 2,809,350 SH FEDERAL SIGNAL CORP COM 313855108 198 8,900 SH FEDERATED DEPT STORES INC DEL COM 31410H101 121 2,950 SH FEDERATED DEPT STORES INC DEL COM 31410H101 5,035 123,100 SH FIDELITY NATL FINL INC COM 316326107 1,378 55,550 SH FINANCIAL FED CORP COM 317492106 60,422 1,933,500 SH FIRST AMERN CORP CALIF COM 318522307 1,171 62,500 SH FIRST DATA CORP COM 319963104 46,402 591,490 SH FIRST DATA CORP COM 319963104 75,332 960,250 SH FISHER & PAYKEL HEALTHCARE CP ADR 33774M106 4,977 176,600 SH FLEETBOSTON FINL CORP COM 339030108 25,550 700,000 SH FLUOR CORP NEW COM 343412102 15,646 418,355 SH FLUOR CORP NEW COM 343412102 35,122 939,100 SH FOREST LABS INC CL A 345838106 524,058 6,394,850 SH FORTUNE BRANDS INC COM 349631101 523 13,200 SH FOX ENTMT GROUP INC CL A 35138T107 7,771 292,900 SH GALLAGHER ARTHUR J & CO COM 363576109 27,592 800,000 SH GALYANS TRADING INC COM 36458R101 18,553 1,332,800 SH GENE LOGIC INC COM 368689105 36,525 1,938,700 SH GENERAL ELEC CO COM 369604103 22,484 560,984 SH GENERAL ELEC CO COM 369604103 222,510 5,551,645 SH GENERAL MLS INC COM 370334104 8,371 160,946 SH GENERAL MLS INC COM 370334104 3,667 70,500 SH GENERAL MTRS CORP COM 370442105 3,436 70,697 SH GENTEX CORP COM 371901109 75,005 2,804,449 SH GENESIS MICROCHIP INC COM 371933102 34,113 516,900 SH GENUINE PARTS CO COM 372460105 624 17,000 SH GENZYME CORP COM GENL DIV 372917104 37,200 621,500 SH GETTY IMAGES INC COM 374276103 100,860 4,372,850 SH GILLETTE CO COM 375766102 1,426 42,693 SH GLAMIS GOLD LTD COM 376775102 1,441 399,075 SH GLAXO WELLCOME PLC SPONSORED ADR 37733W105 888 17,818 SH GLOBAL INDS LTD COM 379336100 34,515 3,869,400 SH GOLDMAN SACHS GROUP INC COM 38141G104 186 2,000 SH GOLDMAN SACHS GROUP INC COM 38141G104 344,529 3,714,600 SH GUIDANT CORP COM 401698105 12 250 SH GUIDANT CORP COM 401698105 289,226 5,807,745 SH HCA-HEALTHCARE CO COM 404119109 17,482 453,600 SH HANOVER COMPRESSOR CO COM 410768105 565 22,350 SH HARLEY DAVIDSON INC COM 412822108 65,644 1,208,700 SH HARMAN INTL INDS INC COM 413086109 7,893 175,000 SH 12/31/01 ITEM 1 ITEM 6 ITEM 7 ITEM 8 VOTING MANAGERS AUTHORITY PUT/ INVESTMENT SEE (SHARES) NAME OF ISSUE CALL DISCRETION INSTR V (A) SOLE (B) SHARED (C) NONE ERICSSON L M TEL CO DEFINED 1,2,3 15,271,040 ESPEED INC DEFINED 1,2,3 52,600 EURONET WORLDWIDE INC DEFINED 1,2,3 1,911,350 EVERGREEN RES INC DEFINED 1,2,3 17,100 EXELON CORP DEFINED 1,2,3,4 1,750 EXELON CORP DEFINED 1,2,3 126,875 EXPRESS SCRIPTS INC DEFINED 1,2,3 671,200 EXXON MOBIL CORP DEFINED 1,2,3,4 932,919 EXXON MOBIL CORP DEFINED 1,2,3 6,100,162 FACTSET RESH SYS INC DEFINED 1,2,3 1,266,400 FASTENAL CO DEFINED 1,2,3 265,150 FEDERAL HOME LN MTG CORP DEFINED 1,2,3,4 3,586 FEDERAL HOME LN MTG CORP DEFINED 1,2,3 3,537,400 FEDERAL NATL MTG ASSN DEFINED 1,2,3,4 390,043 FEDERAL NATL MTG ASSN DEFINED 1,2,3 2,809,350 FEDERAL SIGNAL CORP DEFINED 1,2,3 8,900 FEDERATED DEPT STORES INC DEL DEFINED 1,2,3,4 2,950 FEDERATED DEPT STORES INC DEL DEFINED 1,2,3 123,100 FIDELITY NATL FINL INC DEFINED 1,2,3 55,550 FINANCIAL FED CORP DEFINED 1,2,3 1,933,500 FIRST AMERN CORP CALIF DEFINED 1,2,3 62,500 FIRST DATA CORP DEFINED 1,2,3,4 591,490 FIRST DATA CORP DEFINED 1,2,3 960,250 FISHER & PAYKEL HEALTHCARE CP DEFINED 1,2,3 176,600 FLEETBOSTON FINL CORP DEFINED 1,2,3 700,000 FLUOR CORP NEW DEFINED 1,2,3,4 418,355 FLUOR CORP NEW DEFINED 1,2,3 939,100 FOREST LABS INC DEFINED 1,2,3 6,394,850 FORTUNE BRANDS INC DEFINED 1,2,3,4 13,200 FOX ENTMT GROUP INC DEFINED 1,2,3 292,900 GALLAGHER ARTHUR J & CO DEFINED 1,2,3 800,000 GALYANS TRADING INC DEFINED 1,2,3 1,332,800 GENE LOGIC INC DEFINED 1,2,3 1,938,700 GENERAL ELEC CO DEFINED 1,2,3,4 560,984 GENERAL ELEC CO DEFINED 1,2,3 5,551,645 GENERAL MLS INC DEFINED 1,2,3,4 160,946 GENERAL MLS INC DEFINED 1,2,3 70,500 GENERAL MTRS CORP DEFINED 1,2,3 70,697 GENTEX CORP DEFINED 1,2,3 2,804,449 GENESIS MICROCHIP INC DEFINED 1,2,3 516,900 GENUINE PARTS CO DEFINED 1,2,3,4 17,000 GENZYME CORP DEFINED 1,2,3 621,500 GETTY IMAGES INC DEFINED 1,2,3 4,372,850 GILLETTE CO DEFINED 1,2,3,4 42,693 GLAMIS GOLD LTD DEFINED 1,2,3 399,075 GLAXO WELLCOME PLC DEFINED 1,2,3,4 17,818 GLOBAL INDS LTD DEFINED 1,2,3 3,869,400 GOLDMAN SACHS GROUP INC DEFINED 1,2,3,4 2,000 GOLDMAN SACHS GROUP INC DEFINED 1,2,3 3,714,600 GUIDANT CORP DEFINED 1,2,3,4 250 GUIDANT CORP DEFINED 1,2,3 5,807,745 HCA-HEALTHCARE CO DEFINED 1,2,3 453,600 HANOVER COMPRESSOR CO DEFINED 1,2,3 22,350 HARLEY DAVIDSON INC DEFINED 1,2,3 1,208,700 HARMAN INTL INDS INC DEFINED 1,2,3 175,000 12/31/01 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 FAIR SHARES/ TITLE OF CUSIP MARKET PRINCIPAL SH/ NAME OF ISSUE CLASS NUMBER VALUE AMOUNT PRN HARMONIC INC COM 413160102 5,652 470,000 SH HARTFOLD FINL SVCS GROUP INC COM 416515104 157 2,500 SH HARTFOLD FINL SVCS GROUP INC COM 416515104 51,602 821,300 SH HAWAIIAN ELEC INDUSTRIES COM 419870100 785 19,500 SH HEALTH MGMT ASSOC INC NEW CL A 421933102 159,375 8,661,685 SH HENRY JACK & ASSOC INC COM 426281101 551 25,250 SH HEWLETT PACKARD CO COM 428236103 614 29,875 SH HEWLETT PACKARD CO COM 428236103 33,727 1,642,025 SH HISPANIC BROADCASTING CORP CL A 43357B104 250 9,800 SH HOME DEPOT INC COM 437076102 16,228 318,133 SH HOME DEPOT INC COM 437076102 63,362 1,242,148 SH HOMESTORE COM INC COM 437852106 1,262 701,300 SH HONEYWELL INTL INC COM 438516106 11,932 352,823 SH HONEYWELL INTL INC COM 438516106 2,929 86,600 SH ICOS CORP COM 449295104 51,429 894,800 SH ITT EDUCATIONAL SERVICES INC COM 45068B109 63,221 1,714,700 SH ILEX ONCOLOGY INC COM 451923106 780 28,850 SH ILLINOIS TOOL WKS INC COM 452308109 20,316 300,000 SH INCYTE PHARMACEUTICALS INC COM 45337C102 37,024 1,905,000 SH INKTOMI CORP COM 457277101 11,322 1,700,000 SH INTGEGRATED DEVICE TECHNOLOGY COM 458118106 7,979 300,000 SH INTEL CORP COM 458140100 1,376 43,746 SH INTEL CORP COM 458140100 209,458 6,661,092 SH INTERNATIONAL BUSINESS MACHS COM 459200101 236 1,950 SH INTERNATIONAL BUSINESS MACHS COM 459200101 5,395 44,600 SH INTL PAPER CO COM 460146103 7,005 173,618 SH INTERNATIONAL RECTIFIER CORP COM 460254105 13,952 400,000 SH INTERPUBLIC GROUP COS INC COM 460690100 30,228 1,023,300 SH INTERSIL CORP CL A 46069S109 6,065 187,350 SH INTUIT COM 461202103 325 7,600 SH IONA TECHNOLOGIES PLC SPONSORED ADR 46206P109 8,535 421,075 SH ISHARES TR RUSSELL 2000 464287655 11,417 118,500 SH IVAX CORP COM 465823102 52,423 2,602,931 SH IVAX CORP SR SB CV 144A 08 465823AE2 4,163 5,000,000 PRN J P MORGAN CHASE & CO COM 46625H100 256 7,040 SH J P MORGAN CHASE & CO COM 46625H100 202,593 5,573,390 SH JABIL CIRCUIT INC COM 466313103 11,360 500,000 SH JEFFERSON SMURFIT GROUP PLC SPONSORED ADR 47508W107 2,513 111,700 SH JOHNSON & JOHNSON COM 478160104 36,536 618,203 SH JOHNSON & JOHNSON COM 478160104 160,557 2,716,700 SH JUNIPER NETWORKS INC SBNT CV 4.75%07 48203RAA2 7,250 10,000,000 PRN KPMG CONSULTING INC COM 48265R109 24,701 1,485,750 SH KANSAS CITY SOUTHN INDS INC COM NEW 485170302 38,229 2,705,500 SH KERR MCGEE CORP COM 492386107 30 550 SH KERR MCGEE CORP COM 492386107 11,393 207,900 SH KEYCORP NEW COM 493267108 24,340 1,000,000 SH KIMBERLY CLARK CORP COM 494368103 19,012 317,920 SH KIMBERLY CLARK CORP COM 494368103 6,638 111,000 SH KINDER MORGAN INC KANS COM 49455P101 891 16,000 SH KING PHARMACEUTICALS INC COM 495582108 255,434 6,062,987 SH KOHLS CORP COM 500255104 39,735 564,100 SH KONINKLIJKE PHILIPS ELECTRS NV SP ADR NEW2000 500472303 507 17,400 SH KOREA TELECOM SPONSORED ADR 50063P103 6,262 308,000 SH KRAFT FOODS INC CL A 50075N104 39,026 1,146,800 SH KROGER CO COM 501044101 46 2,200 SH 12/31/01 ITEM 1 ITEM 6 ITEM 7 ITEM 8 VOTING MANAGERS AUTHORITY PUT/ INVESTMENT SEE (SHARES) NAME OF ISSUE CALL DISCRETION INSTR V (A) SOLE (B) SHARED (C) NONE HARMONIC INC DEFINED 1,2,3 470,000 HARTFOLD FINL SVCS GROUP INC DEFINED 1,2,3,4 2,500 HARTFOLD FINL SVCS GROUP INC DEFINED 1,2,3 821,300 HAWAIIAN ELEC INDUSTRIES DEFINED 1,2,3 19,500 HEALTH MGMT ASSOC INC NEW DEFINED 1,2,3 8,661,685 HENRY JACK & ASSOC INC DEFINED 1,2,3 25,250 HEWLETT PACKARD CO DEFINED 1,2,3,4 29,875 HEWLETT PACKARD CO DEFINED 1,2,3 1,642,025 HISPANIC BROADCASTING CORP DEFINED 1,2,3,4 9,800 HOME DEPOT INC DEFINED 1,2,3,4 318,133 HOME DEPOT INC DEFINED 1,2,3 1,242,148 HOMESTORE COM INC DEFINED 1,2,3 701,300 HONEYWELL INTL INC DEFINED 1,2,3,4 352,823 HONEYWELL INTL INC DEFINED 1,2,3 86,600 ICOS CORP DEFINED 1,2,3 894,800 ITT EDUCATIONAL SERVICES INC DEFINED 1,2,3 1,714,700 ILEX ONCOLOGY INC DEFINED 1,2,3,4 28,850 ILLINOIS TOOL WKS INC DEFINED 1,2,3 300,000 INCYTE PHARMACEUTICALS INC DEFINED 1,2,3 1,905,000 INKTOMI CORP DEFINED 1,2,3 1,700,000 INTGEGRATED DEVICE TECHNOLOGY DEFINED 1,2,3 300,000 INTEL CORP DEFINED 1,2,3,4 43,746 INTEL CORP DEFINED 1,2,3 6,661,092 INTERNATIONAL BUSINESS MACHS DEFINED 1,2,3,4 1,950 INTERNATIONAL BUSINESS MACHS DEFINED 1,2,3 44,600 INTL PAPER CO DEFINED 1,2,3 173,618 INTERNATIONAL RECTIFIER CORP DEFINED 1,2,3 400,000 INTERPUBLIC GROUP COS INC DEFINED 1,2,3 1,023,300 INTERSIL CORP DEFINED 1,2,3 187,350 INTUIT DEFINED 1,2,3 7,600 IONA TECHNOLOGIES PLC DEFINED 1,2,3 421,075 ISHARES TR DEFINED 1,2,3 118,500 IVAX CORP DEFINED 1,2,3 2,602,931 IVAX CORP DEFINED 1,2,3 5,000,000 J P MORGAN CHASE & CO DEFINED 1,2,3,4 7,040 J P MORGAN CHASE & CO DEFINED 1,2,3 5,573,390 JABIL CIRCUIT INC DEFINED 1,2,3 500,000 JEFFERSON SMURFIT GROUP PLC DEFINED 1,2,3 111,700 JOHNSON & JOHNSON DEFINED 1,2,3,4 618,203 JOHNSON & JOHNSON DEFINED 1,2,3 2,716,700 JUNIPER NETWORKS INC DEFINED 1,2,3 10,000,000 KPMG CONSULTING INC DEFINED 1,2,3 1,485,750 KANSAS CITY SOUTHN INDS INC DEFINED 1,2,3 2,705,500 KERR MCGEE CORP DEFINED 1,2,3,4 550 KERR MCGEE CORP DEFINED 1,2,3 207,900 KEYCORP NEW DEFINED 1,2,3 1,000,000 KIMBERLY CLARK CORP DEFINED 1,2,3,4 317,920 KIMBERLY CLARK CORP DEFINED 1,2,3 111,000 KINDER MORGAN INC KANS DEFINED 1,2,3,4 16,000 KING PHARMACEUTICALS INC DEFINED 1,2,3 6,062,987 KOHLS CORP DEFINED 1,2,3 564,100 KONINKLIJKE PHILIPS ELECTRS NV DEFINED 1,2,3 17,400 KOREA TELECOM DEFINED 1,2,3 308,000 KRAFT FOODS INC DEFINED 1,2,3 1,146,800 KROGER CO DEFINED 1,2,3,4 2,200 12/31/01 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 FAIR SHARES/ TITLE OF CUSIP MARKET PRINCIPAL SH/ PUT/ NAME OF ISSUE CLASS NUMBER VALUE AMOUNT PRN CALL KROGER CO COM 501044101 7,983 382,500 SH LSI LOGIC CORP COM 502161102 19,395 1,229,075 SH LSI LOGIC CORP SUB NT CV 4%05 502161AE2 4,219 5,000,000 PRN LABORATORY CORP AMER HLDGS COM NEW 50540R409 505 6,250 SH LAM RESEARCH CORP COM 512807108 83,254 3,586,200 SH LAMAR ADVERTISING CO CL A 512815101 17,652 417,400 SH LATTICE SEMICONDUCTOR CORP COM 518415104 37,972 1,846,450 SH LAUDER ESTEE COS INC CL A 518439104 12,677 395,400 SH LEAR CORP COM 521865105 473 12,400 SH LEHMAN BROS HLDGS INC COM 524908100 15 218 SH LEHMAN BROS HLDGS INC COM 524908100 14,442 216,200 SH LEXMARK INTL NEW CL A 529771107 124 2,100 SH LEXMARK INTL NEW CL A 529771107 5,965 101,100 SH LILLY ELI & CO COM 532457108 297 3,776 SH LINCOLN NATL CORP IND COM 534187109 5,386 110,900 SH LINEAR TECHNOLOGY CORP COM 535678106 36,493 936,200 SH LOCKHEED MARTIN CORP COM 539830109 19,189 411,170 SH LOCKHEED MARTIN CORP COM 539830109 326,814 7,002,650 SH LOGICVISION INC COM 54140W107 3,179 250,000 SH LONE STAR TECHNOLOGIES INC COM 542312103 9,749 553,900 SH LOWES COS INC COM 548661107 258 5,550 SH LOWES COS INC COM 548661107 21,365 460,350 SH LUBYS INC COM 549282101 571 100,000 SH LUCENT TECHNOLOGIES INC COM 549463107 511 81,186 SH LUCENT TECHNOLOGIES INC COM 549463107 4,397 699,000 SH MGIC INVT CORP WIS COM 552848103 105 1,700 SH MGIC INVT CORP WIS COM 552848103 1,210 19,600 SH MSC INDL DIRECT INC COM 553530106 72,868 3,689,500 SH MAIL-WELL INC COM 560321200 82 20,000 SH MANUFACTURED HOME CMNTYS INC COM 564682102 624 20,000 SH MARSH & MCLENNAN COS INC COM 571748102 14 130 SH MARSH & MCLENNAN COS INC COM 571748102 8,059 75,000 SH MARTHA STEWART LIVING OMNIMED CL A 573083102 11,239 683,250 SH MASCO CORP COM 574599106 589 24,050 SH MASSEY ENERGY CORP COM 576206106 4,780 230,572 SH MAXIM INTEGRATED PRODS INC COM 57772K101 42,634 812,000 SH MAXIMUS INC COM 577933104 58,469 1,390,136 SH MCDATA CORP CL B 580031102 5,126 203,250 SH MCDATA CORP CL A 580031201 16,486 670,150 SH MCDONALDS CORP COM 580135101 164 6,206 SH MCDONALDS CORP COM 580135101 10,726 405,200 SH MCGRAW HILL COS INC COM 580645109 18,361 301,093 SH MCGRAW HILL COS INC COM 580645109 1,403 23,000 SH MCKESSON CORP COM 58155Q103 28,940 773,800 SH MEAD CORP COM 582834107 108 3,500 SH MEAD CORP COM 582834107 15,445 500,000 SH MEDALLION FINL CORP COM 583928106 13,487 1,697,500 SH MEDTRONIC INC COM 585055106 8,387 163,769 SH MEDTRONIC INC COM 585055106 106,827 2,086,050 SH MELLON FINL CORP COM 58551A108 134 3,550 SH MELLON FINL CORP COM 58551A108 10,910 290,000 SH MEMBERWORKS INC COM 586002107 19,927 1,425,900 SH MERCK & CO INC COM 589331107 2,821 47,981 SH MERCK & CO INC COM 589331107 131,224 2,231,700 SH MICROSOFT CORP COM 594918104 14,058 212,174 SH 12/31/01 ITEM 1 ITEM 2 ITEM 7 ITEM 8 VOTING MANAGERS AUTHORITY INVESTMENT SEE (SHARES) NAME OF ISSUE DISCRETION INSTR V (A) SOLE (B) SHARED (C) NONE KROGER CO DEFINED 1,2,3 382,500 LSI LOGIC CORP DEFINED 1,2,3 1,229,075 LSI LOGIC CORP DEFINED 1,2,3 5,000,000 LABORATORY CORP AMER HLDGS DEFINED 1,2,3 6,250 LAM RESEARCH CORP DEFINED 1,2,3 3,586,200 LAMAR ADVERTISING CO DEFINED 1,2,3 417,400 LATTICE SEMICONDUCTOR CORP DEFINED 1,2,3 1,846,450 LAUDER ESTEE COS INC DEFINED 1,2,3 395,400 LEAR CORP DEFINED 1,2,3 12,400 LEHMAN BROS HLDGS INC DEFINED 1,2,3,4 218 LEHMAN BROS HLDGS INC DEFINED 1,2,3 216,200 LEXMARK INTL NEW DEFINED 1,2,3,4 2,100 LEXMARK INTL NEW DEFINED 1,2,3 101,100 LILLY ELI & CO DEFINED 1,2,3,4 3,776 LINCOLN NATL CORP IND DEFINED 1,2,3 110,900 LINEAR TECHNOLOGY CORP DEFINED 1,2,3 936,200 LOCKHEED MARTIN CORP DEFINED 1,2,3,4 411,170 LOCKHEED MARTIN CORP DEFINED 1,2,3 7,002,650 LOGICVISION INC DEFINED 1,2,3 250,000 LONE STAR TECHNOLOGIES INC DEFINED 1,2,3 553,900 LOWES COS INC DEFINED 1,2,3,4 5,550 LOWES COS INC DEFINED 1,2,3 460,350 LUBYS INC DEFINED 1,2,3,4 100,000 LUCENT TECHNOLOGIES INC DEFINED 1,2,3,4 81,186 LUCENT TECHNOLOGIES INC DEFINED 1,2,3 699,000 MGIC INVT CORP WIS DEFINED 1,2,3,4 1,700 MGIC INVT CORP WIS DEFINED 1,2,3 19,600 MSC INDL DIRECT INC DEFINED 1,2,3 3,689,500 MAIL-WELL INC DEFINED 1,2,3 20,000 MANUFACTURED HOME CMNTYS INC DEFINED 1,2,3,4 20,000 MARSH & MCLENNAN COS INC DEFINED 1,2,3,4 130 MARSH & MCLENNAN COS INC DEFINED 1,2,3 75,000 MARTHA STEWART LIVING OMNIMED DEFINED 1,2,3 683,250 MASCO CORP DEFINED 1,2,3 24,050 MASSEY ENERGY CORP DEFINED 1,2,3,4 230,572 MAXIM INTEGRATED PRODS INC DEFINED 1,2,3 812,000 MAXIMUS INC DEFINED 1,2,3 1,390,136 MCDATA CORP DEFINED 1,2,3 203,250 MCDATA CORP DEFINED 1,2,3 670,150 MCDONALDS CORP DEFINED 1,2,3,4 6,206 MCDONALDS CORP DEFINED 1,2,3 405,200 MCGRAW HILL COS INC DEFINED 1,2,3,4 301,093 MCGRAW HILL COS INC DEFINED 1,2,3 23,000 MCKESSON CORP DEFINED 1,2,3 773,800 MEAD CORP DEFINED 1,2,3,4 3,500 MEAD CORP DEFINED 1,2,3 500,000 MEDALLION FINL CORP DEFINED 1,2,3 1,697,500 MEDTRONIC INC DEFINED 1,2,3,4 163,769 MEDTRONIC INC DEFINED 1,2,3 2,086,050 MELLON FINL CORP DEFINED 1,2,3,4 3,550 MELLON FINL CORP DEFINED 1,2,3 290,000 MEMBERWORKS INC DEFINED 1,2,3 1,425,900 MERCK & CO INC DEFINED 1,2,3,4 47,981 MERCK & CO INC DEFINED 1,2,3 2,231,700 MICROSOFT CORP DEFINED 1,2,3,4 212,174 12/31/01 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 FAIR SHARES/ TITLE OF CUSIP MARKET PRINCIPAL SH/ PUT/ NAME OF ISSUE CLASS NUMBER VALUE AMOUNT PRN CALL MICROSOFT CORP COM 594918104 481,150 7,262,100 SH MICROCHIP TECHNOLOGY INC COM 595017104 72,461 1,870,200 SH MICROMUSE INC COM 595094103 34,904 2,327,710 SH MICRON TECHNOLOGY INC COM 595112103 118 3,800 SH MICRON TECHNOLOGY INC COM 595112103 24,423 787,850 SH MIDWAY GAMES INC COM 598148104 10,238 682,100 SH MINNESOTA MNG & MFG CO COM 604059105 68 575 SH MINNESOTA MNG & MFG CO COM 604059105 4,066 34,400 SH MOLEX INC COM 608554101 7,057 227,987 SH MOLEX INC COM 608554101 7,711 249,100 SH MOLEX INC CL A 608554200 43 1,576 SH MOLEX INC CL A 608554200 4,978 184,200 SH MOODYS CORP COM 615369105 11,061 277,485 SH MORGAN STANLEY DEAN WITTER&CO COM NEW 617446448 183 3,276 SH MORGAN STANLEY DEAN WITTER&CO COM NEW 617446448 70,970 1,268,688 SH MOTOROLA INC COM 620076109 72 4,800 SH MURPHY OIL CORP COM 626717102 1,286 15,300 SH MURPHY OIL CORP COM 626717102 15,245 181,400 SH NPS PHARMACEUTICALS INC COM 62936P103 3,695 96,450 SH NABORS INDS INC COM 629568106 15,452 450,100 SH NETIQ CORP COM 64115P102 3,384 96,000 SH NETWORK APPLIANCE INC COM 64120L104 18,476 844,600 SH NEUROCRINE BIOSCIENCES INC COM 64125C109 3,091 60,250 SH NEW YORK TIMES CO CL A 650111107 8,693 201,000 SH NEWFIELD EXPL CO COM 651290108 60,335 1,699,100 SH NEWMONT MINING CORP COM 651639106 2,198 115,000 SH NEXTEL COMMUNICATIONS INC CL A 65332V103 154,879 14,137,700 SH NIKE INC CL B 654106103 274 4,880 SH NOBLE AFFILIATES INC COM 654894104 63,583 1,801,725 SH NOKIA CORP SPONSORED ADR 654902204 49,759 2,028,502 SH NOKIA CORP SPONSORED ADR 654902204 14,099 574,780 SH NORFOLK SOUTHERN CORP COM 655844108 18,330 1,000,000 SH NORTEL NETWORKS CORP NEW COM 656568102 37,326 4,976,851 SH NORTHROP GRUMMAN CORP COM 666807102 36,160 358,698 SH NORTHROP GRUMMAN CORP COM 666807102 97,052 962,725 SH NOVELLUS SYS INC COM 670008101 27,656 700,600 SH NOVEN PHARMACEUTICALS INC COM 670009109 28,572 1,607,410 SH NSTAR COM 67019E107 90 2,000 SH NSTAR COM 67019E107 331 7,383 SH OM GROUP INC COM 670872100 377 5,700 SH OTG SOFTWARE INC COM 671059103 20,999 2,126,500 SH OCCIDENTAL PETE CORP DEL COM 674599105 14,743 555,695 SH OCCIDENTAL PETE CORP DEL COM 674599105 4,518 170,300 SH OCEAN ENERGY INC TEX COM 67481E106 38 2,003 SH OCEAN ENERGY INC TEX COM 67481E106 2,801 145,900 SH OPENWAVE SYS INC COM 683718100 6,857 700,000 SH ORACLE CORP COM 68389X105 6,045 437,558 SH ORACLE CORP COM 68389X105 43,144 3,122,950 SH O REILLY AUTOMOTIVE INC COM 686091109 55,673 1,520,900 SH PPG INDS INC COM 693506107 1,164 22,500 SH PPL CORP COM 69351T106 2,063 59,200 SH PPL CORP COM 69351T106 3,279 94,100 SH PALL CORP COM 696429307 31,775 1,320,670 SH PAYCHEX INC COM 704326107 51,661 1,482,600 SH PENNEY J C INC COM 708160106 691 25,700 SH 12/31/01 ITEM 1 ITEM 2 ITEM 7 ITEM 8 VOTING MANAGERS AUTHORITY INVESTMENT SEE (SHARES) NAME OF ISSUE DISCRETION INSTR V (A) SOLE (B) SHARED (C) NONE MICROSOFT CORP DEFINED 1,2,3 7,262,100 MICROCHIP TECHNOLOGY INC DEFINED 1,2,3 1,870,200 MICROMUSE INC DEFINED 1,2,3 2,327,710 MICRON TECHNOLOGY INC DEFINED 1,2,3,4 3,800 MICRON TECHNOLOGY INC DEFINED 1,2,3 787,850 MIDWAY GAMES INC DEFINED 1,2,3 682,100 MINNESOTA MNG & MFG CO DEFINED 1,2,3,4 575 MINNESOTA MNG & MFG CO DEFINED 1,2,3 34,400 MOLEX INC DEFINED 1,2,3,4 227,987 MOLEX INC DEFINED 1,2,3 249,100 MOLEX INC DEFINED 1,2,3,4 1,576 MOLEX INC DEFINED 1,2,3 184,200 MOODYS CORP DEFINED 1,2,3,4 277,485 MORGAN STANLEY DEAN WITTER&CO DEFINED 1,2,3,4 3,276 MORGAN STANLEY DEAN WITTER&CO DEFINED 1,2,3 1,268,688 MOTOROLA INC DEFINED 1,2,3,4 4,800 MURPHY OIL CORP DEFINED 1,2,3,4 15,300 MURPHY OIL CORP DEFINED 1,2,3 181,400 NPS PHARMACEUTICALS INC DEFINED 1,2,3 96,450 NABORS INDS INC DEFINED 1,2,3 450,100 NETIQ CORP DEFINED 1,2,3 96,000 NETWORK APPLIANCE INC DEFINED 1,2,3 844,600 NEUROCRINE BIOSCIENCES INC DEFINED 1,2,3 60,250 NEW YORK TIMES CO DEFINED 1,2,3 201,000 NEWFIELD EXPL CO DEFINED 1,2,3 1,699,100 NEWMONT MINING CORP DEFINED 1,2,3 115,000 NEXTEL COMMUNICATIONS INC DEFINED 1,2,3 14,137,700 NIKE INC DEFINED 1,2,3,4 4,880 NOBLE AFFILIATES INC DEFINED 1,2,3 1,801,725 NOKIA CORP DEFINED 1,2,3,4 2,028,502 NOKIA CORP DEFINED 1,2,3 574,780 NORFOLK SOUTHERN CORP DEFINED 1,2,3 1,000,000 NORTEL NETWORKS CORP NEW DEFINED 1,2,3 4,976,851 NORTHROP GRUMMAN CORP DEFINED 1,2,3,4 358,698 NORTHROP GRUMMAN CORP DEFINED 1,2,3 962,725 NOVELLUS SYS INC DEFINED 1,2,3 700,600 NOVEN PHARMACEUTICALS INC DEFINED 1,2,3 1,607,410 NSTAR DEFINED 1,2,3,4 2,000 NSTAR DEFINED 1,2,3 7,383 OM GROUP INC DEFINED 1,2,3 5,700 OTG SOFTWARE INC DEFINED 1,2,3 2,126,500 OCCIDENTAL PETE CORP DEL DEFINED 1,2,3,4 555,695 OCCIDENTAL PETE CORP DEL DEFINED 1,2,3 170,300 OCEAN ENERGY INC TEX DEFINED 1,2,3,4 2,003 OCEAN ENERGY INC TEX DEFINED 1,2,3 145,900 OPENWAVE SYS INC DEFINED 1,2,3 700,000 ORACLE CORP DEFINED 1,2,3,4 437,558 ORACLE CORP DEFINED 1,2,3 3,122,950 O REILLY AUTOMOTIVE INC DEFINED 1,2,3 1,520,900 PPG INDS INC DEFINED 1,2,3 22,500 PPL CORP DEFINED 1,2,3,4 59,200 PPL CORP DEFINED 1,2,3 94,100 PALL CORP DEFINED 1,2,3 1,320,670 PAYCHEX INC DEFINED 1,2,3 1,482,600 PENNEY J C INC DEFINED 1,2,3,4 25,700 12/31/01 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 FAIR SHARES/ TITLE OF CUSIP MARKET PRINCIPAL SH/ NAME OF ISSUE CLASS NUMBER VALUE AMOUNT PRN PEOPLESOFT INC COM 712713106 8,513 211,750 SH PEPSICO INC COM 713448108 25,171 516,973 SH PEPSICO INC COM 713448108 866 17,796 SH PERKINELMER INC COM 714046109 45,598 1,302,051 SH PETROLEO BRASILEIRO SA PETROBR SPONSORED ADR 71654V408 438 18,800 SH PHARMACYCLICS INC COM 716933106 3,433 345,500 SH PFIZER INC COM 717081103 49,561 1,243,694 SH PFIZER INC COM 717081103 619,568 15,547,497 SH PHARMACIA CORP COM 71713U102 3,678 86,233 SH PHARMACIA CORP COM 71713U102 312,921 7,336,958 SH PHILIP MORRIS COS INC COM 718154107 604 13,184 SH PHILIP MORRIS COS INC COM 718154107 155,031 3,381,260 SH PHILLIPS PETE CO COM 718507106 280 4,650 SH PHILLIPS PETE CO COM 718507106 17,455 289,665 SH PITNEY BOWES INC COM 724479100 98 2,600 SH PITNEY BOWES INC COM 724479100 2,351 62,500 SH PLACER DOME INC COM 725906101 203 18,614 SH POWER-ONE INC COM 739308104 459 43,800 SH PRAXAIR INC COM 74005P104 19,636 355,400 SH PROBUSINESS SERVICES INC COM 742674104 15,343 817,400 SH PROCTER & GAMBLE CO COM 742718109 225 2,838 SH PROCTER & GAMBLE CO COM 742718109 158 2,000 SH PROGRESS ENERGY INC COM 743263105 221 4,918 SH PROLOGIS TR SH BEN INT 743410102 15,343 713,282 SH PRUDENTIAL FINL INC COM 744320102 34,883 1,051,000 SH QLT INC COM 746927102 27,492 1,081,500 SH QUALCOMM INC COM 747525103 25,712 509,400 SH QUEST COMMUNICATIONS INTL INC COM 749121109 461 32,612 SH QUEST COMMUNICATIONS INTL INC COM 749121109 50,640 3,583,850 SH RSA SEC INC COM 749719100 29,120 1,673,562 SH RF MICRODEVICES INC COM 749941100 13,454 700,000 SH RAILAMERICA INC COM 750753105 156 10,810 SH RATIONAL SOFTWARE CORP COM NEW 75409P202 5,672 290,800 SH RAYTHEON CO COM NEW 755111507 36,764 1,132,230 SH RAYTHEON CO COM NEW 755111507 42,227 1,300,500 SH RESEARCH IN MOTION LTD COM 760975102 77,805 3,279,455 SH RITE AID CORP COM 767754104 18,711 3,697,750 SH ROYAL DUTCH PETE CO NY REG GLD1.25 780257804 13,372 272,783 SH ROYAL DUTCH PETE CO NY REG GLD1.25 780257804 128,033 2,611,850 SH SBC COMMUNICATIONS INC COM 78387G103 37,868 966,759 SH SBC COMMUNICATIONS INC COM 78387G103 205,273 5,240,570 SH SPX CORP COM 784635104 15,696 114,650 SH SAN PAOLO-IMI S P A SPONSORED ADR 799175104 525 24,000 SH SANCHEZ COMPUTER ASSOCS INC COM 799702105 9,856 1,146,700 SH SAP AKTIENGESELLSCHAFT SPONSORED ADR 803054204 75,186 2,354,700 SH SARA LEE CORP COM 803111103 285 12,800 SH SCHERING PLOUGH CORP COM 806605101 22,559 629,976 SH SCHERING PLOUGH CORP COM 806605101 190,889 5,330,600 SH SCHLUMBERGER LTD COM 806857108 575 10,470 SH SCHLUMBERGER LTD COM 806857108 179,296 3,262,900 SH SCHWAB CHARLES CORP NEW COM 808513105 148,212 9,580,605 SH SEALED AIR CORP NEW COM 81211K100 70,200 1,719,743 SH SEALED AIR CORP NEW COM 81211K100 12,426 304,400 SH SEALED AIR CORP NEW PFD CV A $2 81211K209 1,855 44,750 SH SEALED AIR CORP NEW PFD CV A $2 81211K209 1,629 39,300 SH 12/31/01 ITEM 1 ITEM 6 ITEM 7 ITEM 8 VOTING MANAGERS AUTHORITY PUT/ INVESTMENT SEE (SHARES) NAME OF ISSUE CALL DISCRETION INSTR V (A) SOLE (B) SHARED (C) NONE PEOPLESOFT INC DEFINED 1,2,3 211,750 PEPSICO INC DEFINED 1,2,3,4 516,973 PEPSICO INC DEFINED 1,2,3 17,796 PERKINELMER INC DEFINED 1,2,3 1,302,051 PETROLEO BRASILEIRO SA PETROBR DEFINED 1,2,3 18,800 PHARMACYCLICS INC DEFINED 1,2,3 345,500 PFIZER INC DEFINED 1,2,3,4 1,243,694 PFIZER INC DEFINED 1,2,3 15,547,497 PHARMACIA CORP DEFINED 1,2,3,4 86,233 PHARMACIA CORP DEFINED 1,2,3 7,336,958 PHILIP MORRIS COS INC DEFINED 1,2,3,4 13,184 PHILIP MORRIS COS INC DEFINED 1,2,3 3,381,260 PHILLIPS PETE CO DEFINED 1,2,3,4 4,650 PHILLIPS PETE CO DEFINED 1,2,3 289,665 PITNEY BOWES INC DEFINED 1,2,3,4 2,600 PITNEY BOWES INC DEFINED 1,2,3 62,500 PLACER DOME INC DEFINED 1,2,3,4 18,614 POWER-ONE INC DEFINED 1,2,3 43,800 PRAXAIR INC DEFINED 1,2,3 355,400 PROBUSINESS SERVICES INC DEFINED 1,2,3 817,400 PROCTER & GAMBLE CO DEFINED 1,2,3,4 2,838 PROCTER & GAMBLE CO DEFINED 1,2,3 2,000 PROGRESS ENERGY INC DEFINED 1,2,3,4 4,918 PROLOGIS TR DEFINED 1,2,3,4 713,282 PRUDENTIAL FINL INC DEFINED 1,2,3 1,051,000 QLT INC DEFINED 1,2,3 1,081,500 QUALCOMM INC DEFINED 1,2,3 509,400 QUEST COMMUNICATIONS INTL INC DEFINED 1,2,3,4 32,612 QUEST COMMUNICATIONS INTL INC DEFINED 1,2,3 3,583,850 RSA SEC INC DEFINED 1,2,3 1,673,562 RF MICRODEVICES INC DEFINED 1,2,3 700,000 RAILAMERICA INC DEFINED 1,2,3,4 10,810 RATIONAL SOFTWARE CORP DEFINED 1,2,3 290,800 RAYTHEON CO DEFINED 1,2,3,4 1,132,230 RAYTHEON CO DEFINED 1,2,3 1,300,500 RESEARCH IN MOTION LTD DEFINED 1,2,3 3,279,455 RITE AID CORP DEFINED 1,2,3 3,697,750 ROYAL DUTCH PETE CO DEFINED 1,2,3,4 272,783 ROYAL DUTCH PETE CO DEFINED 1,2,3 2,611,850 SBC COMMUNICATIONS INC DEFINED 1,2,3,4 966,759 SBC COMMUNICATIONS INC DEFINED 1,2,3 5,240,570 SPX CORP DEFINED 1,2,3 114,650 SAN PAOLO-IMI S P A DEFINED 1,2,3 24,000 SANCHEZ COMPUTER ASSOCS INC DEFINED 1,2,3 1,146,700 SAP AKTIENGESELLSCHAFT DEFINED 1,2,3 2,354,700 SARA LEE CORP DEFINED 1,2,3,4 12,800 SCHERING PLOUGH CORP DEFINED 1,2,3,4 629,976 SCHERING PLOUGH CORP DEFINED 1,2,3 5,330,600 SCHLUMBERGER LTD DEFINED 1,2,3,4 10,470 SCHLUMBERGER LTD DEFINED 1,2,3 3,262,900 SCHWAB CHARLES CORP NEW DEFINED 1,2,3 9,580,605 SEALED AIR CORP NEW DEFINED 1,2,3,4 1,719,743 SEALED AIR CORP NEW DEFINED 1,2,3 304,400 SEALED AIR CORP NEW DEFINED 1,2,3,4 44,750 SEALED AIR CORP NEW DEFINED 1,2,3 39,300 12/31/01 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 FAIR SHARES/ TITLE OF CUSIP MARKET PRINCIPAL SH/ NAME OF ISSUE CLASS NUMBER VALUE AMOUNT PRN SECURITY CAP GROUP INC CL A 81413P105 604 477 SH SECURITY CAP GROUP INC CL B 81413P204 1,592 62,750 SH SECURITY CAP GROUP INC CL B 81413P204 1,801 71,000 SH SHIRE PHARMACEUTICALS GRP PLC SPONSORED ADR 82481R106 8,706 237,850 SH SICOR INC COM 825846108 24,442 1,550,860 SH SIEBEL SYS INC COM 826170102 14,825 529,650 SH SIERRA PAC RES NEW COM 826428104 4,515 300,000 SH SMITH INTL INC COM 832110100 11,839 220,800 SH SMURFIT-STONE CONTAINER CORP COM 832727101 20,755 1,300,000 SH SONY CORP ADR NEW 835699307 4,681 103,800 SH SOUTHWEST AIRLS CO COM 844741108 3,266 176,755 SH SOUTHWEST AIRLS CO COM 844741108 3,049 165,000 SH SPRINT CORP COM FON GROUP 852061100 4,150 206,663 SH SPRINT CORP COM FON GROUP 852061100 124,710 6,210,640 SH SPRINT CORP PCS COM SER 1 852061506 479 19,607 SH SPRINT CORP PCS COM SER 1 852061506 30,776 1,260,800 SH STARBUCKS CORP COM 855244109 19,677 1,032,645 SH STARBUCKS CORP COM 855244109 9,615 504,600 SH STATE STR CORP COM 857477103 10,712 205,016 SH STONE ENERGY CORP COM 861642106 4,938 125,000 SH STORAGE USA INC COM 861907103 983 23,350 SH STRYKER CORP COM 863667101 309 5,300 SH STURM RUGER & CO INC COM 864159108 873 72,900 SH SUPERIOR INDS INTL INC COM 868168105 1,300 32,300 SH SUPERIOR INDS INTL INC COM 868168105 3,200 79,500 SH SYMBOL TECHNOLOGIES INC COM 871508107 53,117 3,344,930 SH SYNOVUS FINL CORP COM 87161C105 18,724 747,450 SH THQ INC COM NEW 872443403 9,578 197,800 SH TMP WORLDWIDE INC COM 872941109 20,652 481,350 SH TXU CORP COM 873168108 481 10,210 SH TAKE-TWO INTERACTIVE SOFTWARE COM 874054109 35,574 2,199,300 SH TARGET CORP COM 87612E106 383,135 9,333,380 SH TEKELEC COM 879101103 37,599 2,072,700 SH TELEFONOS DE MEXICO S A SPON ADR ORD L 879403780 437 12,470 SH TELEFONOS DE MEXICO S A SPON ADR ORD L 879403780 16,567 473,070 SH TELLIUM INC COM 87967E107 13,102 2,111,500 SH TENET HEALTHCARE CORP COM 88033G100 53,676 914,100 SH TEXAS BIOTECHNOLOGY CORP COM 88221T104 417 64,100 SH TEXAS INSTRS INC COM 882508104 4,302 153,635 SH TEXAS INSTRS INC COM 882508104 134,804 4,814,445 SH TIMKEN CO COM 887389104 1,456 90,000 SH TOTAL FINA ELF S A SPONSORED ADR 89151E109 871 12,403 SH TOTAL FINA ELF S A SPONSORED ADR 89151E109 815 11,600 SH TOTAL SYS SVCS INC COM 891906109 4,808 227,000 SH TRANSACTION SYS ARCHITECTS COM 893416107 46,530 3,776,800 SH TRANSKARYOTIC THERAPIES INC COM 893735100 67,902 1,588,525 SH TRIQUINT SEMICONDUCTOR INC COM 89674K103 33,769 2,754,400 SH TYCO INTL LTD NEW COM 902124106 2,358 40,042 SH UST INC COM 902911106 1,852 52,900 SH US BANCORP DEL COM NEW 902973304 113 5,400 SH US BANCORP DEL COM NEW 902973304 169,155 8,081,950 SH USEC INC COM 90333E108 1,138 158,900 SH ULTRAMAR DIAMOND SHAMROCK CORP COM 904000106 970 20,000 SH UNILEVER N V N Y SHS NEW 904784709 565 9,800 SH UNION PAC CORP COM 907818108 1,469 25,776 SH 12/31/01 ITEM 1 ITEM 6 ITEM 7 ITEM 8 VOTING MANAGERS AUTHORITY PUT/ INVESTMENT SEE (SHARES) NAME OF ISSUE CALL DISCRETION INSTR V (A) SOLE (B) SHARED (C) NONE SECURITY CAP GROUP INC DEFINED 1,2,3,4 477 SECURITY CAP GROUP INC DEFINED 1,2,3,4 62,750 SECURITY CAP GROUP INC DEFINED 1,2,3 71,000 SHIRE PHARMACEUTICALS GRP PLC DEFINED 1,2,3 237,850 SICOR INC DEFINED 1,2,3 1,550,860 SIEBEL SYS INC DEFINED 1,2,3 529,650 SIERRA PAC RES NEW DEFINED 1,2,3 300,000 SMITH INTL INC DEFINED 1,2,3 220,800 SMURFIT-STONE CONTAINER CORP DEFINED 1,2,3 1,300,000 SONY CORP DEFINED 1,2,3 103,800 SOUTHWEST AIRLS CO DEFINED 1,2,3,4 176,755 SOUTHWEST AIRLS CO DEFINED 1,2,3 165,000 SPRINT CORP DEFINED 1,2,3,4 206,663 SPRINT CORP DEFINED 1,2,3 6,210,640 SPRINT CORP DEFINED 1,2,3,4 19,607 SPRINT CORP DEFINED 1,2,3 1,260,800 STARBUCKS CORP DEFINED 1,2,3,4 1,032,645 STARBUCKS CORP DEFINED 1,2,3 504,600 STATE STR CORP DEFINED 1,2,3,4 205,016 STONE ENERGY CORP DEFINED 1,2,3 125,000 STORAGE USA INC DEFINED 1,2,3,4 23,350 STRYKER CORP DEFINED 1,2,3,4 5,300 STURM RUGER & CO INC DEFINED 1,2,3 72,900 SUPERIOR INDS INTL INC DEFINED 1,2,3,4 32,300 SUPERIOR INDS INTL INC DEFINED 1,2,3 79,500 SYMBOL TECHNOLOGIES INC DEFINED 1,2,3 3,344,930 SYNOVUS FINL CORP DEFINED 1,2,3 747,450 THQ INC DEFINED 1,2,3 197,800 TMP WORLDWIDE INC DEFINED 1,2,3 481,350 TXU CORP DEFINED 1,2,3,4 10,210 TAKE-TWO INTERACTIVE SOFTWARE DEFINED 1,2,3 2,199,300 TARGET CORP DEFINED 1,2,3 9,333,380 TEKELEC DEFINED 1,2,3 2,072,700 TELEFONOS DE MEXICO S A DEFINED 1,2,3,4 12,470 TELEFONOS DE MEXICO S A DEFINED 1,2,3 473,070 TELLIUM INC DEFINED 1,2,3 2,111,500 TENET HEALTHCARE CORP DEFINED 1,2,3 914,100 TEXAS BIOTECHNOLOGY CORP DEFINED 1,2,3,4 64,100 TEXAS INSTRS INC DEFINED 1,2,3,4 153,635 TEXAS INSTRS INC DEFINED 1,2,3 4,814,445 TIMKEN CO DEFINED 1,2,3 90,000 TOTAL FINA ELF S A DEFINED 1,2,3,4 12,403 TOTAL FINA ELF S A DEFINED 1,2,3 11,600 TOTAL SYS SVCS INC DEFINED 1,2,3 227,000 TRANSACTION SYS ARCHITECTS DEFINED 1,2,3 3,776,800 TRANSKARYOTIC THERAPIES INC DEFINED 1,2,3 1,588,525 TRIQUINT SEMICONDUCTOR INC DEFINED 1,2,3 2,754,400 TYCO INTL LTD NEW DEFINED 1,2,3,4 40,042 UST INC DEFINED 1,2,3 52,900 US BANCORP DEL DEFINED 1,2,3,4 5,400 US BANCORP DEL DEFINED 1,2,3 8,081,950 USEC INC DEFINED 1,2,3 158,900 ULTRAMAR DIAMOND SHAMROCK CORP DEFINED 1,2,3,4 20,000 UNILEVER N V DEFINED 1,2,3 9,800 UNION PAC CORP DEFINED 1,2,3,4 25,776 12/31/01 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 FAIR SHARES/ TITLE OF CUSIP MARKET PRINCIPAL SH/ NAME OF ISSUE CLASS NUMBER VALUE AMOUNT PRN UNIVISION COMMUNICATIONS INC CL A 914906102 1,974 48,800 SH UNOCAL CORP COM 915289102 90 2,500 SH UNOCAL CORP COM 915289102 31,615 876,500 SH UROLOGIX INC COM 917273104 37,255 1,863,200 SH VERITAS SOFTWARE CO COM 923436109 120,784 2,693,957 SH VERISIGN INC COM 92343E102 12,166 319,600 SH VERIZON COMMUNICATIONS COM 92343V104 2,610 55,000 SH VIACOM INC CL A 925524100 1,400 31,630 SH VIACOM INC CL B 925524308 81 1,827 SH VIACOM INC CL B 925524308 128,538 2,911,392 SH VISX INC DEL COM 92844S105 59,458 4,487,400 SH VITESSE SEMICONDUSTOR CORP COM 928497106 18,638 1,500,000 SH VODAFONE GROUP PLC NEW SPONSORED ADR 92857W100 354 13,775 SH VODAFONE GROUP PLC NEW SPONSORED ADR 92857W100 164,091 6,389,845 SH VORNADO RLTY TR SH BEN IVT 929042109 2,080 50,000 SH VORNADO RLTY TR SH BEN IVT 929042109 2,995 72,000 SH WACHOVIA CORP 2ND NEW COM 929903102 395 12,600 SH WACHOVIA CORP 2ND NEW COM 929903102 62,720 2,000,000 SH WAL MART STORES INC COM 931142103 260 4,515 SH WAL MART STORES INC COM 931142103 69,319 1,204,500 SH WELLS FARGO & CO NEW COM 949746101 24,083 554,268 SH WELLS FARGO & CO NEW COM 949746101 169,147 3,892,900 SH WESTERN RES INC COM 959425109 34 1,973 SH WESTERN RES INC COM 959425109 172 10,000 SH WESTERN WIRELESS CORP CL A 95988E204 74,265 2,628,400 SH WESTPORT RES CORP NEW COM 961418100 278 16,000 SH WESTVACO CORP COM 961548104 9,963 350,200 SH WESTWOOD ONE INC COM 961815107 9,379 312,100 SH WHITNEY HLDG CORP COM 966612103 608 13,875 SH WILLIAMS COS INC DEL COM 969457100 39,975 1,566,424 SH WILLIAMS COS INC DEL COM 969457100 6,329 248,000 SH WINN DIXIE STORES INC COM 974280109 125 8,800 SH WORLDCOM INC GA NEW COM 98157D106 38,179 2,710,632 SH WORLDCOM INC GA NEW COM 98157D106 6,544 464,600 SH XCEL ENERGY INC COM 98389B100 222 8,000 SH XILINX INC COM 983919101 59,452 1,522,850 SH ZIMMER HLDGS INC COM 98956P102 225 7,368 SH ACE LTD ORD G0070K103 3,011 75,000 SH AMDOCS LTD ORD G02602103 48,311 1,422,180 SH AMDOCS LTD ORD G02602103 59,339 1,746,820 SH ACCENTURE LTD BERMUDA CL A G1150G111 40,414 1,501,250 SH GARMIN LTD ORD G37260109 11,420 537,680 SH GLOBAL SANTAFE CORP SHS G3930E101 2,420 84,854 SH TRANSOCEAN SEDCO FOREX INC ORD G90078109 112,260 3,319,327 SH CNH GLOBAL N V ORD N20935107 213 35,000 SH FLEXTRONICS INTL LTD ORD Y2573F102 9,598 400,000 SH 22,411,290 749,726,050 12/31/01 ITEM 1 ITEM 6 ITEM 7 ITEM 8 VOTING MANAGERS AUTHORITY PUT/ INVESTMENT SEE (SHARES) NAME OF ISSUE CALL DISCRETION INSTR V (A) SOLE (B) SHARED (C) NONE UNIVISION COMMUNICATIONS INC DEFINED 1,2,3 48,800 UNOCAL CORP DEFINED 1,2,3,4 2,500 UNOCAL CORP DEFINED 1,2,3 876,500 UROLOGIX INC DEFINED 1,2,3 1,863,200 VERITAS SOFTWARE CO DEFINED 1,2,3 2,693,957 VERISIGN INC DEFINED 1,2,3 319,600 VERIZON COMMUNICATIONS DEFINED 1,2,3 55,000 VIACOM INC DEFINED 1,2,3 31,630 VIACOM INC DEFINED 1,2,3,4 1,827 VIACOM INC DEFINED 1,2,3 2,911,392 VISX INC DEL DEFINED 1,2,3 4,487,400 VITESSE SEMICONDUSTOR CORP DEFINED 1,2,3 1,500,000 VODAFONE GROUP PLC NEW DEFINED 1,2,3,4 13,775 VODAFONE GROUP PLC NEW DEFINED 1,2,3 6,389,845 VORNADO RLTY TR DEFINED 1,2,3,4 50,000 VORNADO RLTY TR DEFINED 1,2,3 72,000 WACHOVIA CORP 2ND NEW DEFINED 1,2,3,4 12,600 WACHOVIA CORP 2ND NEW DEFINED 1,2,3 2,000,000 WAL MART STORES INC DEFINED 1,2,3,4 4,515 WAL MART STORES INC DEFINED 1,2,3 1,204,500 WELLS FARGO & CO NEW DEFINED 1,2,3,4 554,268 WELLS FARGO & CO NEW DEFINED 1,2,3 3,892,900 WESTERN RES INC DEFINED 1,2,3,4 1,973 WESTERN RES INC DEFINED 1,2,3 10,000 WESTERN WIRELESS CORP DEFINED 1,2,3 2,628,400 WESTPORT RES CORP NEW DEFINED 1,2,3 16,000 WESTVACO CORP DEFINED 1,2,3 350,200 WESTWOOD ONE INC DEFINED 1,2,3 312,100 WHITNEY HLDG CORP DEFINED 1,2,3,4 13,875 WILLIAMS COS INC DEL DEFINED 1,2,3,4 1,566,424 WILLIAMS COS INC DEL DEFINED 1,2,3 248,000 WINN DIXIE STORES INC DEFINED 1,2,3,4 8,800 WORLDCOM INC GA NEW DEFINED 1,2,3,4 2,710,632 WORLDCOM INC GA NEW DEFINED 1,2,3 464,600 XCEL ENERGY INC DEFINED 1,2,3,4 8,000 XILINX INC DEFINED 1,2,3 1,522,850 ZIMMER HLDGS INC DEFINED 1,2,3,4 7,368 ACE LTD DEFINED 1,2,3 75,000 AMDOCS LTD DEFINED 1,2,3,4 1,422,180 AMDOCS LTD DEFINED 1,2,3 1,746,820 ACCENTURE LTD BERMUDA DEFINED 1,2,3 1,501,250 GARMIN LTD DEFINED 1,2,3 537,680 GLOBAL SANTAFE CORP DEFINED 1,2,3,4 84,854 TRANSOCEAN SEDCO FOREX INC DEFINED 1,2,3 3,319,327 CNH GLOBAL N V DEFINED 1,2,3 35,000 FLEXTRONICS INTL LTD DEFINED 1,2,3 400,000