UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    Form 13F

                               Form 13F COVER PAGE

Report for the Calendar Year or Quarter Ended: March 31, 2008

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:    Verizon Investment Management Corp.
Address: 1 Verizon Way, Building 7, 1st Floor South
         Basking Ridge, New Jersey 07920

Form 13F File Number: 028-04063

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 L. Beik

Title: Chief Operating Officer

Phone: 908 559-5890

Signature, Place, and Date of Signing:


/s/ David L. Beik   Basking Ridge, New Jersey   5/13/2008
-----------------   -------------------------   ---------
   [Signature]            [City, State]           [Date]

Report Type (Check only one.):

|X|  13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
     are reported in this report-)

|_|  13F NOTICE. (Check here if no holdings reported are in this report, and all
     holdings are reported by other reporting manager(s).)

|_|  13F COMBINATION REPORT. (Check here if a portion of the holdings for this
     reporting manager are reported in this report and a portion are reported by
     other reporting manager(s).)



                              Form 13F SUMMARY PAGE

Report summary:

Number of Other Included Managers:        1

Form 13F Information Table Entry Total:   880

Form 13F Information Table Value Total:   4,114,964
                                          (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.

GOLDMAN SACHS PRIME BROKERAGE



                       VERIZON INVESTMENT MANAGEMENT CORP.
                      FORM 13F-SOLE INSTR V. NONE AUTHORITY
                                    31-Mar-08



          ITEM 1:                ITEM 2:     ITEM 3:     ITEM 4:    ITEM 5:         ITEM 6:        ITEM 7:          ITEM 8:
---------------------------- -------------- --------- ------------ --------- -------------------- -------- -------------------------
                                                                                INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                             --------------------          -------------------------
                                                                              (A)    (B)     (C)            (A)   (B)       (C)
                                                                             ---- -------- ------          ---- ------ -------------
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                              CUSIP      MARKET    PRINCIPAL       AS DEF. SHARED    SEE
NAME OF ISSUER               TITLE OF CLASS   NUMBER   VALUE($000)   AMOUNT  SOLE INSTR. V  OTHER INSTR. V SOLE SHARED      NONE
---------------------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ -------------
                                                                                          
ACE LTD                      ORD            G0070K103        2,870    52,134                                                  52,134
AMDOCS LTD                   ORD            G02602103          891    31,420                                                  31,420
AXIS CAPITAL HOLDINGS        SHS            G0692U109          269     7,912                                                   7,912
ACCENTURE LTD BERMUDA        CL A           G1150G111        3,316    94,277                                                  94,277
BUNGE LIMITED                COM            G16962105          536     6,166                                                   6,166
CENTRAL EUROPEAN MEDIA ENTRP CL A NEW       G20045202          435     5,109                                                   5,109
COOPER INDS LTD              CL A           G24182100        2,792    69,528                                                  69,528
COVIDIEN LTD                 COM            G2552X108        1,124    25,409                                                  25,409
ENDURANCE SPECIALTY HLDGS LT SHS            G30397106          671    18,339                                                  18,339
EVEREST RE GROUP LTD         COM            G3223R108          291     3,254                                                   3,254
FOSTER WHEELER LTD           SHS NEW        G36535139        1,266    22,353                                                  22,353
FRONTLINE LTD                SHS            G3682E127          354     7,691                                                   7,691
GARMIN LTD                   ORD            G37260109          990    18,337                                                  18,337
HERBALIFE LTD                COM USD SHS    G4412G101          362     7,627                                                   7,627
INGERSOLL-RAND COMPANY LTD   CL A           G4776G101        2,574    57,745                                                  57,745
INVESCO LTD                  SHS            G491BT108        1,397    57,332                                                  57,332
LAZARD LTD                   SHS A          G54050102          314     8,214                                                   8,214
MARVELL TECHNOLOGY GROUP LTD ORD            G5876H105        1,238   113,766                                                 113,766
MF GLOBAL LTD                SHS            G60642108          106    10,708                                                  10,708
NABORS INDUSTRIES LTD        SHS            G6359F103        1,702    50,390                                                  50,390
NOBLE CORPORATION            SHS            G65422100        5,463   109,987                                                 109,987
ORIENT-EXPRESS HOTELS LTD    CL A           G67743107          281     6,513                                                   6,513
PARTNERRE LTD                COM            G6852T105          328     4,297                                                   4,297
RENAISSANCERE HOLDINGS LTD   COM            G7496G103        1,386    26,705                                                  26,705
SEAGATE TECHNOLOGY           SHS            G7945J104        1,048    50,049                                                  50,049
UTI WORLDWIDE INC            ORD            G87210103          317    15,770                                                  15,770
TRANSOCEAN INC NEW           SHS            G90073100       14,052   103,934                                                 103,934
TYCO INTL LTD BERMUDA        SHS            G9143X208        5,137   116,613                                                 116,613
TYCO ELECTRONICS LTD         COM NEW        G9144P105          872    25,420                                                  25,420
WARNER CHILCOTT LIMITED      COM CL A       G9435N108          262    14,541                                                  14,541
WEATHERFORD INTERNATIONAL LT COM            G95089101        5,631    77,702                                                  77,702
WHITE MTNS INS GROUP LTD     COM            G9618E107          227       472                                                     472
XL CAP LTD                   CL A           G98255105          817    27,636                                                  27,636
UBS AG                       SHS NEW        H89231338          893    30,995                                                  30,995
CNH GLOBAL N V               SHS NEW        N20935206          403     7,748                                                   7,748
ROYAL CARIBBEAN CRUISES LTD  COM            V7780T103          258     7,837                                                   7,837
AFLAC INC                    COM            001055102        8,443   129,985                                                 129,985
AGCO CORP                    COM            001084102          666    11,119                                                  11,119






          ITEM 1:                ITEM 2:     ITEM 3:     ITEM 4:    ITEM 5:         ITEM 6:        ITEM 7:          ITEM 8:
---------------------------- -------------- --------- ------------ --------- -------------------- -------- -------------------------
                                                                                INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                             --------------------          -------------------------
                                                                              (A)    (B)     (C)            (A)   (B)       (C)
                                                                             ---- -------- ------          ---- ------ -------------
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                              CUSIP      MARKET    PRINCIPAL       AS DEF. SHARED    SEE
NAME OF ISSUER               TITLE OF CLASS   NUMBER   VALUE($000)   AMOUNT  SOLE INSTR. V  OTHER INSTR. V SOLE SHARED      NONE
---------------------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ -------------
                                                                                          
AES CORP                     COM            00130H105        3,137   188,154                                                 188,154
AK STL HLDG CORP             COM            001547108          961    17,659                                                  17,659
AMB PROPERTY CORP            COM            00163T109          278     5,105                                                   5,105
AMR CORP                     COM            001765106          546    60,570                                                  60,570
AT&T INC                     COM            00206R102       68,172 1,779,946                                               1,779,946
ABBOTT LABS                  COM            002824100       30,098   545,757                                                 545,757
ABERCROMBIE & FITCH CO       CL A           002896207        1,686    23,055                                                  23,055
ACTIVISION INC NEW           COM NEW        004930202        1,228    44,947                                                  44,947
ACXIOM CORP                  COM            005125109          184    15,533                                                  15,533
ADOBE SYS INC                COM            00724F101       11,706   328,907                                                 328,907
ADVANCE AUTO PARTS INC       COM            00751Y106          545    16,002                                                  16,002
ADVANCED MICRO DEVICES INC   COM            007903107          854   144,992                                                 144,992
AETNA INC NEW                COM            00817Y108        7,888   187,418                                                 187,418
AFFILIATED COMPUTER SERVICES CL A           008190100          777    15,505                                                  15,505
AFFILIATED MANAGERS GROUP    COM            008252108          430     4,737                                                   4,737
AGILENT TECHNOLOGIES INC     COM            00846U101        1,757    58,914                                                  58,914
AGILYSYS INC                 COM            00847J105          360    30,995                                                  30,995
AIR PRODS & CHEMS INC        COM            009158106        6,541    71,099                                                  71,099
AIRGAS INC                   COM            009363102        1,280    28,161                                                  28,161
AKAMAI TECHNOLOGIES INC      COM            00971T101        1,368    48,564                                                  48,564
ALBEMARLE CORP               COM            012653101        2,117    57,963                                                  57,963
ALBERTO CULVER CO NEW        COM            013078100          531    19,376                                                  19,376
ALCOA INC                    COM            013817101        8,673   240,523                                                 240,523
ALLEGHANY CORP DEL           COM            017175100        4,006    11,731                                                  11,731
ALLEGHENY ENERGY INC         COM            017361106        3,526    69,822                                                  69,822
ALLEGHENY TECHNOLOGIES INC   COM            01741R102        2,397    33,593                                                  33,593
ALLERGAN INC                 COM            018490102        4,743    84,115                                                  84,115
ALLIANCE DATA SYSTEMS CORP   COM            018581108          594    12,497                                                  12,497
ALLIANT ENERGY CORP          COM            018802108          204     5,839                                                   5,839
ALLIANT TECHSYSTEMS INC      COM            018804104          493     4,759                                                   4,759
ALLIED WASTE INDS INC        COM PAR$.01NEW 019589308          209    19,343                                                  19,343
ALLSTATE CORP                COM            020002101        5,294   110,152                                                 110,152
ALTERA CORP                  COM            021441100        2,054   111,435                                                 111,435
ALTRIA GROUP INC             COM            02209S103       14,829   667,984                                                 667,984
AMAZON COM INC               COM            023135106       12,736   178,630                                                 178,630
AMBAC FINL GROUP INC         COM            023139108          810   140,877                                                 140,877
AMEREN CORP                  COM            023608102          468    10,623                                                  10,623
AMERICA MOVIL SAB DE CV      SPON ADR L SHS 02364W105        1,444    22,666                                                  22,666






          ITEM 1:                ITEM 2:     ITEM 3:     ITEM 4:    ITEM 5:         ITEM 6:        ITEM 7:          ITEM 8:
---------------------------- -------------- --------- ------------ --------- -------------------- -------- -------------------------
                                                                                INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                             --------------------          -------------------------
                                                                              (A)    (B)     (C)            (A)   (B)       (C)
                                                                             ---- -------- ------          ---- ------ -------------
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                              CUSIP      MARKET    PRINCIPAL       AS DEF. SHARED    SEE
NAME OF ISSUER               TITLE OF CLASS   NUMBER   VALUE($000)   AMOUNT  SOLE INSTR. V  OTHER INSTR. V SOLE SHARED      NONE
---------------------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ -------------
                                                                                          
AMERICAN CAPITAL STRATEGIES  COM            024937104          330     9,668                                                   9,668
AMERICAN EAGLE OUTFITTERS NE COM            02553E106          662    37,797                                                  37,797
AMERICAN ELEC PWR INC        COM            025537101        6,305   151,443                                                 151,443
AMERICAN EXPRESS CO          COM            025816109       16,337   373,676                                                 373,676
AMERICAN INTL GROUP INC      COM            026874107       28,109   649,921                                                 649,921
AMERICAN TOWER CORP          CL A           029912201        5,630   143,593                                                 143,593
AMERISOURCEBERGEN CORP       COM            03073E105        6,302   153,775                                                 153,775
AMERIPRISE FINL INC          COM            03076C106          626    12,079                                                  12,079
AMETEK INC NEW               COM            031100100        3,504    79,803                                                  79,803
AMGEN INC                    COM            031162100       18,873   451,734                                                 451,734
AMPCO-PITTSBURGH CORP        COM            032037103          266     6,199                                                   6,199
AMPHENOL CORP NEW            CL A           032095101        1,058    28,391                                                  28,391
AMYLIN PHARMACEUTICALS INC   COM            032346108          611    20,909                                                  20,909
ANADARKO PETE CORP           COM            032511107       12,375   196,336                                                 196,336
ANALOG DEVICES INC           COM            032654105        2,143    72,608                                                  72,608
ANHEUSER BUSCH COS INC       COM            035229103       10,549   222,325                                                 222,325
ANNALY CAP MGMT INC          COM            035710409          351    22,925                                                  22,925
ANNTAYLOR STORES CORP        COM            036115103          586    24,226                                                  24,226
AON CORP                     COM            037389103          605    15,055                                                  15,055
APACHE CORP                  COM            037411105       12,030    99,568                                                  99,568
APARTMENT INVT & MGMT CO     CL A           03748R101          780    21,775                                                  21,775
APOLLO GROUP INC             CL A           037604105          991    22,939                                                  22,939
APPLE INC                    COM            037833100       45,167   314,752                                                 314,752
APPLERA CORP                 COM AP BIO GRP 038020103        2,425    73,806                                                  73,806
APPLIED MATLS INC            COM            038222105        7,195   368,791                                                 368,791
ARCH COAL INC                COM            039380100          984    22,625                                                  22,625
ARCHER DANIELS MIDLAND CO    COM            039483102       15,459   375,594                                                 375,594
ARROW ELECTRS INC            COM            042735100        1,671    49,666                                                  49,666
ASSURANT INC                 COM            04621X108        6,598   108,409                                                 108,409
ATMEL CORP                   COM            049513104          242    69,589                                                  69,589
AUTODESK INC                 COM            052769106        2,506    79,606                                                  79,606
AUTOLIV INC                  COM            052800109          426     8,478                                                   8,478
AUTOMATIC DATA PROCESSING IN COM            053015103        9,283   219,001                                                 219,001
AUTOZONE INC                 COM            053332102        2,306    20,259                                                  20,259
AVALONBAY CMNTYS INC         COM            053484101       11,239   116,444                                                 116,444
AVERY DENNISON CORP          COM            053611109        1,456    29,567                                                  29,567
AVNET INC                    COM            053807103        3,402   103,927                                                 103,927
AVON PRODS INC               COM            054303102        2,607    65,941                                                  65,941






          ITEM 1:                ITEM 2:     ITEM 3:     ITEM 4:    ITEM 5:         ITEM 6:        ITEM 7:          ITEM 8:
---------------------------- -------------- --------- ------------ --------- -------------------- -------- -------------------------
                                                                                INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                             --------------------          -------------------------
                                                                              (A)    (B)     (C)            (A)   (B)       (C)
                                                                             ---- -------- ------          ---- ------ -------------
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                              CUSIP      MARKET    PRINCIPAL       AS DEF. SHARED    SEE
NAME OF ISSUER               TITLE OF CLASS   NUMBER   VALUE($000)   AMOUNT  SOLE INSTR. V  OTHER INSTR. V SOLE SHARED      NONE
---------------------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ -------------
                                                                                          
BB&T CORP                    COM            054937107          905    28,239                                                  28,239
BJ SVCS CO                   COM            055482103        1,327    46,528                                                  46,528
BOK FINL CORP                COM NEW        05561Q201        1,872    35,838                                                  35,838
BP PLC                       SPONSORED ADR  055622104          940    15,498                                                  15,498
BMC SOFTWARE INC             COM            055921100        2,294    70,551                                                  70,551
BAKER HUGHES INC             COM            057224107        7,292   106,447                                                 106,447
BALL CORP                    COM            058498106        2,432    52,936                                                  52,936
BANK OF AMERICA CORPORATION  COM            060505104       49,958 1,317,796                                               1,317,796
BANK HAWAII CORP             COM            062540109          214     4,318                                                   4,318
BANK OF NEW YORK MELLON CORP COM            064058100       14,227   340,920                                                 340,920
BARD C R INC                 COM            067383109        5,304    55,026                                                  55,026
BARR PHARMACEUTICALS INC     COM            068306109          841    17,417                                                  17,417
BAXTER INTL INC              COM            071813109       10,536   182,224                                                 182,224
BE AEROSPACE INC             COM            073302101          511    14,630                                                  14,630
BEA SYS INC                  COM            073325102        1,191    62,168                                                  62,168
BEAR STEARNS COS INC         COM            073902108          223    21,238                                                  21,238
BECKMAN COULTER INC          COM            075811109          553     8,573                                                   8,573
BECTON DICKINSON & CO        COM            075887109       15,335   178,628                                                 178,628
BED BATH & BEYOND INC        COM            075896100        2,005    67,963                                                  67,963
BERKLEY W R CORP             COM            084423102        2,400    86,676                                                  86,676
BERKSHIRE HATHAWAY INC DEL   CL B           084670207          613       137                                                     137
BEST BUY INC                 COM            086516101        6,738   162,522                                                 162,522
BIG LOTS INC                 COM            089302103          320    14,338                                                  14,338
BIOGEN IDEC INC              COM            09062X103        6,772   109,775                                                 109,775
BLACK & DECKER CORP          COM            091797100        2,757    41,705                                                  41,705
BLACKROCK INC                COM            09247X101        3,526    17,271                                                  17,271
BLOCK H & R INC              COM            093671105        1,064    51,255                                                  51,255
BOEING CO                    COM            097023105       21,736   292,269                                                 292,269
BORGWARNER INC               COM            099724106          762    17,707                                                  17,707
BOSTON PROPERTIES INC        COM            101121101        2,623    28,491                                                  28,491
BOSTON SCIENTIFIC CORP       COM            101137107          879    68,318                                                  68,318
BRINKER INTL INC             COM            109641100          597    32,182                                                  32,182
BRINKS CO                    COM            109696104        1,022    15,215                                                  15,215
BRISTOL MYERS SQUIBB CO      COM            110122108       12,452   584,624                                                 584,624
BROADCOM CORP                CL A           111320107        3,629   188,348                                                 188,348
BROADRIDGE FINL SOLUTIONS IN COM            11133T103          641    36,404                                                  36,404
BROCADE COMMUNICATIONS SYS I COM NEW        111621306          436    59,754                                                  59,754
BROOKFIELD ASSET MGMT INC    CL A LTD VT SH 112585104        1,319    49,166                                                  49,166






          ITEM 1:                ITEM 2:     ITEM 3:     ITEM 4:    ITEM 5:         ITEM 6:        ITEM 7:          ITEM 8:
---------------------------- -------------- --------- ------------ --------- -------------------- -------- -------------------------
                                                                                INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                             --------------------          -------------------------
                                                                              (A)    (B)     (C)            (A)   (B)       (C)
                                                                             ---- -------- ------          ---- ------ -------------
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                              CUSIP      MARKET    PRINCIPAL       AS DEF. SHARED    SEE
NAME OF ISSUER               TITLE OF CLASS   NUMBER   VALUE($000)   AMOUNT  SOLE INSTR. V  OTHER INSTR. V SOLE SHARED      NONE
---------------------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ -------------
                                                                                          
BROWN & BROWN INC            COM            115236101          309    17,786                                                  17,786
BROWN FORMAN CORP            CL B           115637209          654     9,874                                                   9,874
BURGER KING HLDGS INC        COM            121208201          279    10,076                                                  10,076
BURLINGTON NORTHN SANTA FE C COM            12189T104       11,621   126,011                                                 126,011
CBS CORP NEW                 CL B           124857202        4,418   200,077                                                 200,077
CB RICHARD ELLIS GROUP INC   CL A           12497T101          799    36,922                                                  36,922
C H ROBINSON WORLDWIDE INC   COM NEW        12541W209        5,440    99,994                                                  99,994
CIGNA CORP                   COM            125509109        2,794    68,863                                                  68,863
CIT GROUP INC                COM            125581108          346    29,201                                                  29,201
CME GROUP INC                COM            12572Q105        9,921    21,150                                                  21,150
CMS ENERGY CORP              COM            125896100          996    73,543                                                  73,543
CSX CORP                     COM            126408103        8,060   143,749                                                 143,749
CTC MEDIA INC                COM            12642X106          229     8,249                                                   8,249
CTS CORP                     COM            126501105          166    15,498                                                  15,498
CVS CAREMARK CORPORATION     COM            126650100       26,440   652,677                                                 652,677
CA INC                       COM            12673P105        1,097    48,734                                                  48,734
CABLEVISION SYS CORP         CL A NY CABLVS 12686C109        2,406   112,296                                                 112,296
CABOT CORP                   COM            127055101          244     8,710                                                   8,710
CABOT OIL & GAS CORP         COM            127097103          786    15,458                                                  15,458
CADENCE DESIGN SYSTEM INC    COM            127387108        1,068   100,021                                                 100,021
CAMERON INTERNATIONAL CORP   COM            13342B105        4,302   103,310                                                 103,310
CAMPBELL SOUP CO             COM            134429109        2,859    84,210                                                  84,210
CAPITAL ONE FINL CORP        COM            14040H105        3,877    78,759                                                  78,759
CAPITALSOURCE INC            COM            14055X102          156    16,174                                                  16,174
CARDINAL HEALTH INC          COM            14149Y108        3,036    57,816                                                  57,816
CAREER EDUCATION CORP        COM            141665109          192    15,076                                                  15,076
CARLISLE COS INC             COM            142339100          532    15,896                                                  15,896
CARMAX INC                   COM            143130102          666    34,297                                                  34,297
CARNIVAL CORP                PAIRED CTF     143658300        1,697    41,923                                                  41,923
CARPENTER TECHNOLOGY CORP    COM            144285103          305     5,455                                                   5,455
CATERPILLAR INC DEL          COM            149123101       16,173   206,573                                                 206,573
CELANESE CORP DEL            COM SER A      150870103        2,625    67,211                                                  67,211
CELGENE CORP                 COM            151020104        7,393   120,629                                                 120,629
CENTERPOINT ENERGY INC       COM            15189T107        1,278    89,542                                                  89,542
CENTEX CORP                  COM            152312104          546    22,537                                                  22,537
CENTURYTEL INC               COM            156700106        3,161    95,097                                                  95,097
CEPHALON INC                 COM            156708109          677    10,507                                                  10,507
CERNER CORP                  COM            156782104          390    10,461                                                  10,461






          ITEM 1:                ITEM 2:     ITEM 3:     ITEM 4:    ITEM 5:         ITEM 6:        ITEM 7:          ITEM 8:
---------------------------- -------------- --------- ------------ --------- -------------------- -------- -------------------------
                                                                                INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                             --------------------          -------------------------
                                                                              (A)    (B)     (C)            (A)   (B)       (C)
                                                                             ---- -------- ------          ---- ------ -------------
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                              CUSIP      MARKET    PRINCIPAL       AS DEF. SHARED    SEE
NAME OF ISSUER               TITLE OF CLASS   NUMBER   VALUE($000)   AMOUNT  SOLE INSTR. V  OTHER INSTR. V SOLE SHARED      NONE
---------------------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ -------------
                                                                                          
CHARLES RIV LABS INTL INC    COM            159864107          349     5,920                                                   5,920
CHEESECAKE FACTORY INC       COM            163072101          249    11,445                                                  11,445
CHEMTURA CORP                COM            163893100          103    14,082                                                  14,082
CHESAPEAKE ENERGY CORP       COM            165167107        2,580    55,906                                                  55,906
CHEVRON CORP NEW             COM            166764100       57,324   671,557                                                 671,557
CHICOS FAS INC               COM            168615102          199    27,939                                                  27,939
CHOICEPOINT INC              COM            170388102          513    10,786                                                  10,786
CHUBB CORP                   COM            171232101        9,354   189,053                                                 189,053
CHURCH & DWIGHT INC          COM            171340102        1,128    20,794                                                  20,794
CIENA CORP                   COM NEW        171779309          418    13,561                                                  13,561
CIMAREX ENERGY CO            COM            171798101          236     4,309                                                   4,309
CINCINNATI FINL CORP         COM            172062101          335     8,812                                                   8,812
CIRCUIT CITY STORE INC       COM            172737108          144    36,189                                                  36,189
CISCO SYS INC                COM            17275R102       56,826 2,358,918                                               2,358,918
CITADEL BROADCASTING CORP    COM            17285T106           50    29,851                                                  29,851
CINTAS CORP                  COM            172908105          515    18,028                                                  18,028
CITIGROUP INC                COM            172967101       33,210 1,550,441                                               1,550,441
CITIZENS COMMUNICATIONS CO   COM            17453B101          252    24,000                                                  24,000
CITRIX SYS INC               COM            177376100          883    30,097                                                  30,097
CLARCOR INC                  COM            179895107          909    25,571                                                  25,571
CLEAR CHANNEL COMMUNICATIONS COM            184502102        3,204   109,636                                                 109,636
CLEVELAND CLIFFS INC         COM            185896107          780     6,507                                                   6,507
CLOROX CO DEL                COM            189054109        1,176    20,771                                                  20,771
COACH INC                    COM            189754104        5,233   173,551                                                 173,551
COCA COLA CO                 COM            191216100       51,300   842,774                                                 842,774
COCA COLA ENTERPRISES INC    COM            191219104          386    15,969                                                  15,969
COGNIZANT TECHNOLOGY SOLUTIO CL A           192446102        3,899   135,228                                                 135,228
COLGATE PALMOLIVE CO         COM            194162103       15,385   197,472                                                 197,472
COMCAST CORP NEW             CL A           20030N101       14,035   725,682                                                 725,682
COMERICA INC                 COM            200340107          280     7,985                                                   7,985
COMMERCIAL METALS CO         COM            201723103        2,055    68,585                                                  68,585
COMMSCOPE INC                COM            203372107          345     9,916                                                   9,916
COMPUTER SCIENCES CORP       COM            205363104        5,487   134,524                                                 134,524
COMPUWARE CORP               COM            205638109          279    37,999                                                  37,999
CONAGRA FOODS INC            COM            205887102          611    25,529                                                  25,529
CON-WAY INC                  COM            205944101          304     6,140                                                   6,140
CONOCOPHILLIPS               COM            20825C104       46,809   614,217                                                 614,217
CONSOL ENERGY INC            COM            20854P109        3,858    55,763                                                  55,763






          ITEM 1:                ITEM 2:     ITEM 3:     ITEM 4:    ITEM 5:         ITEM 6:        ITEM 7:          ITEM 8:
---------------------------- -------------- --------- ------------ --------- -------------------- -------- -------------------------
                                                                                INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                             --------------------          -------------------------
                                                                              (A)    (B)     (C)            (A)   (B)       (C)
                                                                             ---- -------- ------          ---- ------ -------------
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                              CUSIP      MARKET    PRINCIPAL       AS DEF. SHARED    SEE
NAME OF ISSUER               TITLE OF CLASS   NUMBER   VALUE($000)   AMOUNT  SOLE INSTR. V  OTHER INSTR. V SOLE SHARED      NONE
---------------------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ -------------
                                                                                          
CONSOLIDATED EDISON INC      COM            209115104        1,090    27,448                                                  27,448
CONSTELLATION BRANDS INC     CL A           21036P108        2,156   122,027                                                 122,027
CONSTELLATION ENERGY GROUP I COM            210371100        7,466    84,580                                                  84,580
CONTINENTAL AIRLS INC        CL B           210795308          296    15,394                                                  15,394
CONVERGYS CORP               COM            212485106        1,357    90,115                                                  90,115
COPART INC                   COM            217204106          401    10,354                                                  10,354
CORN PRODS INTL INC          COM            219023108        1,293    34,813                                                  34,813
CORNING INC                  COM            219350105       15,142   629,876                                                 629,876
CORPORATE EXECUTIVE BRD CO   COM            21988R102        1,008    24,909                                                  24,909
CORRECTIONS CORP AMER NEW    COM NEW        22025Y407          536    19,485                                                  19,485
COSTCO WHSL CORP NEW         COM            22160K105       11,127   171,264                                                 171,264
COUNTRYWIDE FINANCIAL CORP   COM            222372104          381    69,192                                                  69,192
COVANCE INC                  COM            222816100        3,512    42,334                                                  42,334
COVANTA HLDG CORP            COM            22282E102          584    21,239                                                  21,239
COVENTRY HEALTH CARE INC     COM            222862104        2,142    53,094                                                  53,094
CRANE CO                     COM            224399105        1,521    37,702                                                  37,702
CROCS INC                    COM            227046109          222    12,691                                                  12,691
CROWN CASTLE INTL CORP       COM            228227104        7,308   211,883                                                 211,883
CROWN HOLDINGS INC           COM            228368106          653    25,953                                                  25,953
CUMMINS INC                  COM            231021106        3,165    67,591                                                  67,591
CURTISS WRIGHT CORP          COM            231561101        1,327    32,003                                                  32,003
CYPRESS SEMICONDUCTOR CORP   COM            232806109          596    25,246                                                  25,246
DPL INC                      COM            233293109          814    31,745                                                  31,745
D R HORTON INC               COM            23331A109          835    53,003                                                  53,003
DST SYS INC DEL              COM            233326107        1,401    21,305                                                  21,305
DTE ENERGY CO                COM            233331107        1,441    37,045                                                  37,045
DANAHER CORP DEL             COM            235851102        6,115    80,424                                                  80,424
DARDEN RESTAURANTS INC       COM            237194105        4,767   146,464                                                 146,464
DAVITA INC                   COM            23918K108        1,385    29,004                                                  29,004
DEERE & CO                   COM            244199105        8,348   103,785                                                 103,785
DEL MONTE FOODS CO           COM            24522P103           99    10,362                                                  10,362
DELL INC                     COM            24702R101       15,583   782,283                                                 782,283
DELTA AIR LINES INC DEL      COM NEW        247361702          477    55,484                                                  55,484
DENBURY RES INC              COM NEW        247916208        1,101    38,560                                                  38,560
DENTSPLY INTL INC NEW        COM            249030107          930    24,086                                                  24,086
DEVELOPERS DIVERSIFIED RLTY  COM            251591103        1,972    47,078                                                  47,078
DEVON ENERGY CORP NEW        COM            25179M103       22,260   213,364                                                 213,364
DIAGEO P L C                 SPON ADR NEW   25243Q205        1,260    15,498                                                  15,498






          ITEM 1:                ITEM 2:     ITEM 3:     ITEM 4:    ITEM 5:         ITEM 6:        ITEM 7:          ITEM 8:
---------------------------- -------------- --------- ------------ --------- -------------------- -------- -------------------------
                                                                                INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                             --------------------          -------------------------
                                                                              (A)    (B)     (C)            (A)   (B)       (C)
                                                                             ---- -------- ------          ---- ------ -------------
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                              CUSIP      MARKET    PRINCIPAL       AS DEF. SHARED    SEE
NAME OF ISSUER               TITLE OF CLASS   NUMBER   VALUE($000)   AMOUNT  SOLE INSTR. V  OTHER INSTR. V SOLE SHARED      NONE
---------------------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ -------------
                                                                                          
DIAMOND OFFSHORE DRILLING IN COM            25271C102        2,325    19,978                                                  19,978
DICKS SPORTING GOODS INC     COM            253393102          955    35,674                                                  35,674
DIEBOLD INC                  COM            253651103          392    10,450                                                  10,450
DILLARDS INC                 CL A           254067101          343    19,924                                                  19,924
DIRECTV GROUP INC            COM            25459L106        5,003   201,802                                                 201,802
DISCOVERY HOLDING CO         CL A COM       25468Y107          658    31,015                                                  31,015
DISNEY WALT CO               COM DISNEY     254687106       21,781   694,112                                                 694,112
DISH NETWORK CORP            CL A           25470M109          948    33,014                                                  33,014
DISCOVER FINL SVCS           COM            254709108        1,083    66,129                                                  66,129
DOLBY LABORATORIES INC       COM            25659T107          228     6,276                                                   6,276
DOLLAR TREE INC              COM            256746108          402    14,584                                                  14,584
DOMINION RES INC VA NEW      COM            25746U109        9,026   221,016                                                 221,016
DOMTAR CORP                  COM            257559104          628    91,936                                                  91,936
DONALDSON INC                COM            257651109        2,759    68,506                                                  68,506
DONNELLEY R R & SONS CO      COM            257867101        1,391    45,887                                                  45,887
DOVER CORP                   COM            260003108          733    17,546                                                  17,546
DOW CHEM CO                  COM            260543103       10,397   282,131                                                 282,131
DREAMWORKS ANIMATION SKG INC CL A           26153C103          232     9,013                                                   9,013
DRESSER-RAND GROUP INC       COM            261608103          419    13,641                                                  13,641
DU PONT E I DE NEMOURS & CO  COM            263534109       13,212   282,552                                                 282,552
DUKE ENERGY CORP NEW         COM            26441C105        7,932   444,376                                                 444,376
DUKE REALTY CORP             COM NEW        264411505          431    18,886                                                  18,886
DUN & BRADSTREET CORP DEL NE COM            26483E100        4,419    54,302                                                  54,302
DYNEGY INC DEL               CL A           26817G102          247    31,259                                                  31,259
E M C CORP MASS              COM            268648102        5,986   417,404                                                 417,404
ENSCO INTL INC               COM            26874Q100        4,278    68,315                                                  68,315
EOG RES INC                  COM            26875P101        5,022    41,849                                                  41,849
E TRADE FINANCIAL CORP       COM            269246104          162    42,062                                                  42,062
EAGLE MATERIALS INC          COM            26969P108          250     7,031                                                   7,031
EASTMAN CHEM CO              COM            277432100        1,851    29,643                                                  29,643
EASTMAN KODAK CO             COM            277461109          261    14,756                                                  14,756
EATON CORP                   COM            278058102        3,690    46,317                                                  46,317
EATON VANCE CORP             COM NON VTG    278265103          500    16,391                                                  16,391
EBAY INC                     COM            278642103       14,028   470,109                                                 470,109
ECOLAB INC                   COM            278865100        2,372    54,615                                                  54,615
EDISON INTL                  COM            281020107        2,143    43,713                                                  43,713
EDWARDS LIFESCIENCES CORP    COM            28176E108          407     9,141                                                   9,141
EL PASO CORP                 COM            28336L109          839    50,404                                                  50,404






          ITEM 1:                ITEM 2:     ITEM 3:     ITEM 4:    ITEM 5:         ITEM 6:        ITEM 7:          ITEM 8:
---------------------------- -------------- --------- ------------ --------- -------------------- -------- -------------------------
                                                                                INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                             --------------------          -------------------------
                                                                              (A)    (B)     (C)            (A)   (B)       (C)
                                                                             ---- -------- ------          ---- ------ -------------
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                              CUSIP      MARKET    PRINCIPAL       AS DEF. SHARED    SEE
NAME OF ISSUER               TITLE OF CLASS   NUMBER   VALUE($000)   AMOUNT  SOLE INSTR. V  OTHER INSTR. V SOLE SHARED      NONE
---------------------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ -------------
                                                                                          
ELECTRONIC ARTS INC          COM            285512109        3,241    64,926                                                  64,926
ELECTRONIC DATA SYS NEW      COM            285661104        2,207   132,555                                                 132,555
EMBARQ CORP                  COM            29078E105        1,594    39,745                                                  39,745
EMERSON ELEC CO              COM            291011104       15,067   292,795                                                 292,795
ENDO PHARMACEUTICALS HLDGS I COM            29264F205        3,165   132,225                                                 132,225
ENERGEN CORP                 COM            29265N108        2,914    46,776                                                  46,776
ENERGY CONVERSION DEVICES IN COM            292659109          348    11,623                                                  11,623
ENERGIZER HLDGS INC          COM            29266R108        2,602    28,755                                                  28,755
ENTERGY CORP NEW             COM            29364G103       12,986   119,055                                                 119,055
EQUIFAX INC                  COM            294429105        2,268    65,779                                                  65,779
EQUITABLE RES INC            COM            294549100          954    16,195                                                  16,195
EQUITY RESIDENTIAL           SH BEN INT     29476L107          577    13,896                                                  13,896
ESSEX PPTY TR INC            COM            297178105          280     2,459                                                   2,459
EXELON CORP                  COM            30161N101       12,886   158,559                                                 158,559
EXPEDIA INC DEL              COM            30212P105        1,220    55,744                                                  55,744
EXPEDITORS INTL WASH INC     COM            302130109        4,247    93,993                                                  93,993
EXPRESS SCRIPTS INC          COM            302182100        9,720   151,124                                                 151,124
EXXON MOBIL CORP             COM            30231G102      147,067 1,738,791                                               1,738,791
FMC TECHNOLOGIES INC         COM            30249U101        3,517    61,818                                                  61,818
F M C CORP                   COM NEW        302491303          218     3,926                                                   3,926
FPL GROUP INC                COM            302571104        2,037    32,468                                                  32,468
FTD GROUP INC                COM            30267U108          622    46,337                                                  46,337
FACTSET RESH SYS INC         COM            303075105          368     6,836                                                   6,836
FAIRCHILD SEMICONDUCTOR INTL COM            303726103          141    11,812                                                  11,812
FAMILY DLR STORES INC        COM            307000109          918    47,073                                                  47,073
FASTENAL CO                  COM            311900104          921    20,062                                                  20,062
FEDERAL HOME LN MTG CORP     COM            313400301        7,123   281,325                                                 281,325
FEDERAL NATL MTG ASSN        COM            313586109        7,905   300,347                                                 300,347
FEDERAL REALTY INVT TR       SH BEN INT NEW 313747206          500     6,414                                                   6,414
FEDERATED INVS INC PA        CL B           314211103          542    13,841                                                  13,841
FEDEX CORP                   COM            31428X106       12,243   132,112                                                 132,112
F5 NETWORKS INC              COM            315616102          241    13,270                                                  13,270
FIDELITY NATL INFORMATION SV COM            31620M106        1,044    27,373                                                  27,373
FIDELITY NATIONAL FINANCIAL  CL A           31620R105          634    34,601                                                  34,601
FIFTH THIRD BANCORP          COM            316773100        1,563    74,691                                                  74,691
FIRST MARBLEHEAD CORP        COM            320771108          140    18,771                                                  18,771
FIRST SOLAR INC              COM            336433107        1,309     5,665                                                   5,665
FISERV INC                   COM            337738108        2,568    53,402                                                  53,402






          ITEM 1:                ITEM 2:     ITEM 3:     ITEM 4:    ITEM 5:         ITEM 6:        ITEM 7:          ITEM 8:
---------------------------- -------------- --------- ------------ --------- -------------------- -------- -------------------------
                                                                                INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                             --------------------          -------------------------
                                                                              (A)    (B)     (C)            (A)   (B)       (C)
                                                                             ---- -------- ------          ---- ------ -------------
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                              CUSIP      MARKET    PRINCIPAL       AS DEF. SHARED    SEE
NAME OF ISSUER               TITLE OF CLASS   NUMBER   VALUE($000)   AMOUNT  SOLE INSTR. V  OTHER INSTR. V SOLE SHARED      NONE
---------------------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ -------------
                                                                                          
FIRSTENERGY CORP             COM            337932107        8,365   121,902                                                 121,902
FLUOR CORP NEW               COM            343412102        2,705    19,166                                                  19,166
FLOWSERVE CORP               COM            34354P105        2,544    24,373                                                  24,373
FOOT LOCKER INC              COM            344849104          196    16,618                                                  16,618
FORD MTR CO DEL              COM PAR $0.01  345370860        2,037   356,095                                                 356,095
FOREST CITY ENTERPRISES INC  CL A           345550107          421    11,441                                                  11,441
FOREST LABS INC              COM            345838106        4,871   121,737                                                 121,737
FOREST OIL CORP              COM PAR $0.01  346091705          200     4,088                                                   4,088
FORESTAR REAL ESTATE GROUP I COM            346233109          227     9,122                                                   9,122
FORTUNE BRANDS INC           COM            349631101          867    12,481                                                  12,481
FOUNDATION COAL HLDGS INC    COM            35039W100          821    16,313                                                  16,313
FRANKLIN RES INC             COM            354613101        9,702   100,034                                                 100,034
FREEPORT-MCMORAN COPPER & GO COM            35671D857       15,290   158,911                                                 158,911
FRONTIER OIL CORP            COM            35914P105        1,772    64,987                                                  64,987
GATX CORP                    COM            361448103          661    16,920                                                  16,920
GAMESTOP CORP NEW            CL A           36467W109        1,291    24,973                                                  24,973
GANNETT INC                  COM            364730101        1,989    68,477                                                  68,477
GAP INC DEL                  COM            364760108        1,396    70,920                                                  70,920
GARDNER DENVER INC           COM            365558105          532    14,341                                                  14,341
GEN-PROBE INC NEW            COM            36866T103          401     8,327                                                   8,327
GENENTECH INC                COM NEW        368710406       26,111   321,641                                                 321,641
GENERAL CABLE CORP DEL NEW   COM            369300108          490     8,294                                                   8,294
GENERAL DYNAMICS CORP        COM            369550108       12,521   150,190                                                 150,190
GENERAL ELECTRIC CO          COM            369604103      107,220 2,897,052                                               2,897,052
GENERAL GROWTH PPTYS INC     COM            370021107          913    23,932                                                  23,932
GENERAL MLS INC              COM            370334104       10,765   179,773                                                 179,773
GENERAL MTRS CORP            COM            370442105        1,827    95,900                                                  95,900
GENTEX CORP                  COM            371901109          389    22,681                                                  22,681
GENUINE PARTS CO             COM            372460105        1,068    26,551                                                  26,551
GENWORTH FINL INC            COM CL A       37247D106        3,572   157,784                                                 157,784
GENZYME CORP                 COM            372917104        4,324    58,003                                                  58,003
GILEAD SCIENCES INC          COM            375558103       21,270   412,765                                                 412,765
GLOBAL INDS LTD              COM            379336100          235    14,636                                                  14,636
GLOBAL PMTS INC              COM            37940X102        7,504   181,423                                                 181,423
GOLDMAN SACHS GROUP INC      COM            38141G104       30,471   184,237                                                 184,237
GOODRICH CORP                COM            382388106        2,032    35,339                                                  35,339
GOODYEAR TIRE & RUBR CO      COM            382550101        2,201    85,315                                                  85,315
GOOGLE INC                   CL A           38259P508       43,544    98,859                                                  98,859






          ITEM 1:                ITEM 2:     ITEM 3:     ITEM 4:    ITEM 5:         ITEM 6:        ITEM 7:          ITEM 8:
---------------------------- -------------- --------- ------------ --------- -------------------- -------- -------------------------
                                                                                INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                             --------------------          -------------------------
                                                                              (A)    (B)     (C)            (A)   (B)       (C)
                                                                             ---- -------- ------          ---- ------ -------------
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                              CUSIP      MARKET    PRINCIPAL       AS DEF. SHARED    SEE
NAME OF ISSUER               TITLE OF CLASS   NUMBER   VALUE($000)   AMOUNT  SOLE INSTR. V  OTHER INSTR. V SOLE SHARED      NONE
---------------------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ -------------
                                                                                          
GRACO INC                    COM            384109104          643    17,733                                                  17,733
GRAINGER W W INC             COM            384802104        1,376    18,009                                                  18,009
GRANT PRIDECO INC            COM            38821G101        1,437    29,193                                                  29,193
GRUPO TELEVISA SA DE CV      SP ADR REP ORD 40049J206        1,127    46,493                                                  46,493
GUESS INC                    COM            401617105          349     8,628                                                   8,628
HCC INS HLDGS INC            COM            404132102          248    10,936                                                  10,936
HCP INC                      COM            40414L109          373    11,028                                                  11,028
HLTH CORPORATION             COM            40422Y101          275    28,833                                                  28,833
HRPT PPTYS TR                COM SH BEN INT 40426W101           78    11,562                                                  11,562
HALLIBURTON CO               COM            406216101       11,322   287,861                                                 287,861
HANESBRANDS INC              COM            410345102          446    15,278                                                  15,278
HANSEN NAT CORP              COM            411310105          382    10,822                                                  10,822
HARLEY DAVIDSON INC          COM            412822108        4,738   126,343                                                 126,343
HARMAN INTL INDS INC         COM            413086109          418     9,594                                                   9,594
HARRIS CORP DEL              COM            413875105        1,746    35,972                                                  35,972
HARSCO CORP                  COM            415864107          740    13,356                                                  13,356
HARTFORD FINL SVCS GROUP INC COM            416515104       11,588   152,942                                                 152,942
HASBRO INC                   COM            418056107        1,337    47,918                                                  47,918
HEALTH MGMT ASSOC INC NEW    CL A           421933102           66    12,415                                                  12,415
HEALTH CARE REIT INC         COM            42217K106          248     5,493                                                   5,493
HEALTH NET INC               COM            42222G108          548    17,791                                                  17,791
HEINZ H J CO                 COM            423074103        6,970   148,397                                                 148,397
HELIX ENERGY SOLUTIONS GRP I COM            42330P107          395    12,545                                                  12,545
HELMERICH & PAYNE INC        COM            423452101          248     5,298                                                   5,298
HERCULES INC                 COM            427056106          203    11,080                                                  11,080
HERSHEY CO                   COM            427866108        2,157    57,251                                                  57,251
HERTZ GLOBAL HOLDINGS INC    COM            42805T105          469    38,889                                                  38,889
HESS CORP                    COM            42809H107        1,255    14,237                                                  14,237
HEWITT ASSOCS INC            COM            42822Q100          420    10,566                                                  10,566
HEWLETT PACKARD CO           COM            428236103       52,854 1,157,557                                               1,157,557
HILLENBRAND INDS INC         COM            431573104          203     4,250                                                   4,250
HOLLY CORP                   COM PAR $0.01  435758305          311     7,168                                                   7,168
HOME DEPOT INC               COM            437076102       14,993   536,053                                                 536,053
HONEYWELL INTL INC           COM            438516106       13,087   231,957                                                 231,957
HOSPIRA INC                  COM            441060100        1,062    24,836                                                  24,836
HOST HOTELS & RESORTS INC    COM            44107P104          796    49,996                                                  49,996
HUBBELL INC                  CL B           443510201          227     5,196                                                   5,196
HUDSON CITY BANCORP          COM            443683107          906    51,230                                                  51,230






          ITEM 1:                ITEM 2:     ITEM 3:     ITEM 4:    ITEM 5:         ITEM 6:        ITEM 7:          ITEM 8:
---------------------------- -------------- --------- ------------ --------- -------------------- -------- -------------------------
                                                                                INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                             --------------------          -------------------------
                                                                              (A)    (B)     (C)            (A)   (B)       (C)
                                                                             ---- -------- ------          ---- ------ -------------
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                              CUSIP      MARKET    PRINCIPAL       AS DEF. SHARED    SEE
NAME OF ISSUER               TITLE OF CLASS   NUMBER   VALUE($000)   AMOUNT  SOLE INSTR. V  OTHER INSTR. V SOLE SHARED      NONE
---------------------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ -------------
                                                                                          
HUMANA INC                   COM            444859102        3,267    72,820                                                  72,820
HUNT J B TRANS SVCS INC      COM            445658107          436    13,879                                                  13,879
HUNTINGTON BANCSHARES INC    COM            446150104          201    18,719                                                  18,719
IAC INTERACTIVECORP          COM NEW        44919P300        1,821    87,724                                                  87,724
IMS HEALTH INC               COM            449934108          568    27,049                                                  27,049
ITT EDUCATIONAL SERVICES INC COM            45068B109          297     6,461                                                   6,461
ITT CORP NEW                 COM            450911102        2,443    47,157                                                  47,157
IDEX CORP                    COM            45167R104          552    17,999                                                  17,999
IDEXX LABS INC               COM            45168D104          484     9,831                                                   9,831
ILLINOIS TOOL WKS INC        COM            452308109        6,927   143,617                                                 143,617
IMCLONE SYS INC              COM            45245W109          403     9,500                                                   9,500
INDYMAC BANCORP INC          COM            456607100          136    27,411                                                  27,411
INTEGRATED DEVICE TECHNOLOGY COM            458118106          421    47,119                                                  47,119
INTEL CORP                   COM            458140100       46,043 2,173,912                                               2,173,912
INTERCONTINENTALEXCHANGE INC COM            45865V100        1,551    11,884                                                  11,884
INTERNATIONAL BUSINESS MACHS COM            459200101       62,065   539,037                                                 539,037
INTERNATIONAL FLAVORS&FRAGRA COM            459506101          682    15,474                                                  15,474
INTERNATIONAL GAME TECHNOLOG COM            459902102        4,761   118,414                                                 118,414
INTL PAPER CO                COM            460146103        3,113   114,448                                                 114,448
INTERNATIONAL RECTIFIER CORP COM            460254105          452    21,014                                                  21,014
INTERNATIONAL SPEEDWAY CORP  CL A           460335201          766    18,601                                                  18,601
INTERSIL CORP                CL A           46069S109        1,193    46,476                                                  46,476
INTERPUBLIC GROUP COS INC    COM            460690100          465    55,237                                                  55,237
INTUITIVE SURGICAL INC       COM NEW        46120E602        1,928     5,944                                                   5,944
INTUIT                       COM            461202103        1,757    65,042                                                  65,042
INVESTMENT TECHNOLOGY GRP NE COM            46145F105        2,115    45,793                                                  45,793
INVITROGEN CORP              COM            46185R100          366     4,281                                                   4,281
IRON MTN INC                 COM            462846106        1,358    51,373                                                  51,373
ISHARES TR                   RUSSELL1000VAL 464287598          250     3,410                                                   3,410
ISHARES TR                   RUSSELL1000GRW 464287614          914    16,790                                                  16,790
ISHARES TR                   RUSSELL 1000   464287622        2,378    33,040                                                  33,040
JDS UNIPHASE CORP            COM PAR $0.001 46612J507          305    22,743                                                  22,743
JP MORGAN CHASE & CO         COM            46625H100       38,062   886,202                                                 886,202
JABIL CIRCUIT INC            COM            466313103          426    45,078                                                  45,078
JACOBS ENGR GROUP INC DEL    COM            469814107        6,142    83,462                                                  83,462
JANUS CAP GROUP INC          COM            47102X105        1,199    51,524                                                  51,524
JOHNSON & JOHNSON            COM            478160104       58,759   905,803                                                 905,803
JOHNSON CTLS INC             COM            478366107        9,605   284,166                                                 284,166






          ITEM 1:                ITEM 2:     ITEM 3:     ITEM 4:    ITEM 5:         ITEM 6:        ITEM 7:          ITEM 8:
---------------------------- -------------- --------- ------------ --------- -------------------- -------- -------------------------
                                                                                INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                             --------------------          -------------------------
                                                                              (A)    (B)     (C)            (A)   (B)       (C)
                                                                             ---- -------- ------          ---- ------ -------------
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                              CUSIP      MARKET    PRINCIPAL       AS DEF. SHARED    SEE
NAME OF ISSUER               TITLE OF CLASS   NUMBER   VALUE($000)   AMOUNT  SOLE INSTR. V  OTHER INSTR. V SOLE SHARED      NONE
---------------------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ -------------
                                                                                          
JONES APPAREL GROUP INC      COM            480074103          337    25,140                                                  25,140
JONES LANG LASALLE INC       COM            48020Q107          389     5,033                                                   5,033
JOY GLOBAL INC               COM            481165108        1,123    17,228                                                  17,228
JUNIPER NETWORKS INC         COM            48203R104        1,649    65,953                                                  65,953
KBR INC                      COM            48242W106          240     8,656                                                   8,656
KLA-TENCOR CORP              COM            482480100        1,059    28,535                                                  28,535
KANSAS CITY SOUTHERN         COM NEW        485170302          358     8,927                                                   8,927
KELLOGG CO                   COM            487836108        1,980    37,669                                                  37,669
KENNAMETAL INC               COM            489170100        1,066    36,215                                                  36,215
KEYCORP NEW                  COM            493267108          447    20,353                                                  20,353
KILROY RLTY CORP             COM            49427F108          255     5,189                                                   5,189
KIMBERLY CLARK CORP          COM            494368103        3,792    58,746                                                  58,746
KIMCO REALTY CORP            COM            49446R109        9,017   230,196                                                 230,196
KINETIC CONCEPTS INC         COM NEW        49460W208          343     7,411                                                   7,411
KING PHARMACEUTICALS INC     COM            495582108        1,625   186,830                                                 186,830
KIRBY CORP                   COM            497266106          482     8,455                                                   8,455
KOHLS CORP                   COM            500255104        2,962    69,068                                                  69,068
KRAFT FOODS INC              CL A           50075N104       12,472   402,189                                                 402,189
KROGER CO                    COM            501044101        2,434    95,843                                                  95,843
LSI CORPORATION              COM            502161102          894   180,696                                                 180,696
L-3 COMMUNICATIONS HLDGS INC COM            502424104        2,800    25,607                                                  25,607
LABORATORY CORP AMER HLDGS   COM NEW        50540R409       10,766   146,122                                                 146,122
LAM RESEARCH CORP            COM            512807108        3,008    78,706                                                  78,706
LAMAR ADVERTISING CO         CL A           512815101          472    13,146                                                  13,146
LANDSTAR SYS INC             COM            515098101          460     8,819                                                   8,819
LAS VEGAS SANDS CORP         COM            517834107        3,946    53,585                                                  53,585
LAUDER ESTEE COS INC         CL A           518439104          795    17,340                                                  17,340
LEAP WIRELESS INTL INC       COM NEW        521863308        1,682    36,091                                                  36,091
LEGG MASON INC               COM            524901105        4,172    74,525                                                  74,525
LEHMAN BROS HLDGS INC        COM            524908100        5,101   135,521                                                 135,521
LEUCADIA NATL CORP           COM            527288104          380     8,406                                                   8,406
LEVEL 3 COMMUNICATIONS INC   COM            52729N100          696   328,370                                                 328,370
LEXMARK INTL NEW             CL A           529771107        2,334    75,993                                                  75,993
LIBERTY GLOBAL INC           COM SER A      530555101        3,774   110,748                                                 110,748
LIBERTY MEDIA CORP NEW       INT COM SER A  53071M104        1,134    70,258                                                  70,258
LIBERTY MEDIA CORP NEW       CAP COM SER A  53071M302          340    21,608                                                  21,608
LIBERTY MEDIA CORP NEW       ENT COM SER A  53071M500        1,985    87,686                                                  87,686
LILLY ELI & CO               COM            532457108        7,316   141,804                                                 141,804






          ITEM 1:                ITEM 2:     ITEM 3:     ITEM 4:    ITEM 5:         ITEM 6:        ITEM 7:          ITEM 8:
---------------------------- -------------- --------- ------------ --------- -------------------- -------- -------------------------
                                                                                INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                             --------------------          -------------------------
                                                                              (A)    (B)     (C)            (A)   (B)       (C)
                                                                             ---- -------- ------          ---- ------ -------------
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                              CUSIP      MARKET    PRINCIPAL       AS DEF. SHARED    SEE
NAME OF ISSUER               TITLE OF CLASS   NUMBER   VALUE($000)   AMOUNT  SOLE INSTR. V  OTHER INSTR. V SOLE SHARED      NONE
---------------------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ -------------
                                                                                          
LIMITED BRANDS INC           COM            532716107        1,246    72,883                                                  72,883
LINCARE HLDGS INC            COM            532791100        1,202    42,764                                                  42,764
LINCOLN ELEC HLDGS INC       COM            533900106        1,500    23,260                                                  23,260
LINCOLN NATL CORP IND        COM            534187109          722    13,881                                                  13,881
LINEAR TECHNOLOGY CORP       COM            535678106        1,080    35,194                                                  35,194
LIZ CLAIBORNE INC            COM            539320101        1,343    74,016                                                  74,016
LOCKHEED MARTIN CORP         COM            539830109        9,465    95,315                                                  95,315
LOEWS CORP                   COM            540424108       10,002   248,695                                                 248,695
LOEWS CORP                   CAROLNA GP STK 540424207        8,648   119,205                                                 119,205
LOWES COS INC                COM            548661107       12,758   556,135                                                 556,135
LUBRIZOL CORP                COM            549271104          576    10,384                                                  10,384
M & T BK CORP                COM            55261F104        2,375    29,507                                                  29,507
MBIA INC                     COM            55262C100        1,151    94,171                                                  94,171
M D C HLDGS INC              COM            552676108          555    12,680                                                  12,680
MDU RES GROUP INC            COM            552690109          560    22,829                                                  22,829
MEMC ELECTR MATLS INC        COM            552715104        2,523    35,588                                                  35,588
MGIC INVT CORP WIS           COM            552848103          495    46,969                                                  46,969
MGM MIRAGE                   COM            552953101        1,103    18,763                                                  18,763
MSC INDL DIRECT INC          CL A           553530106          309     7,305                                                   7,305
MACERICH CO                  COM            554382101          800    11,378                                                  11,378
MACK CALI RLTY CORP          COM            554489104          954    26,722                                                  26,722
MACYS INC                    COM            55616P104        2,702   117,178                                                 117,178
MANITOWOC INC                COM            563571108        3,811    93,417                                                  93,417
MANPOWER INC                 COM            56418H100        4,246    75,467                                                  75,467
MARATHON OIL CORP            COM            565849106       12,822   281,184                                                 281,184
MARKEL CORP                  COM            570535104          224       510                                                     510
MARSH & MCLENNAN COS INC     COM            571748102          650    26,678                                                  26,678
MARSHALL & ILSLEY CORP NEW   COM            571837103        1,900    81,909                                                  81,909
MARRIOTT INTL INC NEW        CL A           571903202        5,840   169,964                                                 169,964
MARTIN MARIETTA MATLS INC    COM            573284106          717     6,758                                                   6,758
MASCO CORP                   COM            574599106          891    44,947                                                  44,947
MASSEY ENERGY CORP           COM            576206106          470    12,866                                                  12,866
MASTERCARD INC               CL A           57636Q104        2,819    12,643                                                  12,643
MATTEL INC                   COM            577081102        2,822   141,813                                                 141,813
MCAFEE INC                   COM            579064106        1,287    38,894                                                  38,894
MCCLATCHY CO                 CL A           579489105          149    13,963                                                  13,963
MCCORMICK & CO INC           COM NON VTG    579780206        4,294   116,161                                                 116,161
MCDERMOTT INTL INC           COM            580037109        4,317    78,756                                                  78,756






          ITEM 1:                ITEM 2:     ITEM 3:     ITEM 4:    ITEM 5:         ITEM 6:        ITEM 7:          ITEM 8:
---------------------------- -------------- --------- ------------ --------- -------------------- -------- -------------------------
                                                                                INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                             --------------------          -------------------------
                                                                              (A)    (B)     (C)            (A)   (B)       (C)
                                                                             ---- -------- ------          ---- ------ -------------
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                              CUSIP      MARKET    PRINCIPAL       AS DEF. SHARED    SEE
NAME OF ISSUER               TITLE OF CLASS   NUMBER   VALUE($000)   AMOUNT  SOLE INSTR. V  OTHER INSTR. V SOLE SHARED      NONE
---------------------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ -------------
                                                                                          
MCDONALDS CORP               COM            580135101       22,383   401,343                                                 401,343
MCGRAW HILL COS INC          COM            580645109        4,629   125,285                                                 125,285
MCKESSON CORP                COM            58155Q103        3,884    74,161                                                  74,161
MEADWESTVACO CORP            COM            583334107        2,949   108,322                                                 108,322
MEDCO HEALTH SOLUTIONS INC   COM            58405U102        7,562   172,689                                                 172,689
MEDTRONIC INC                COM            585055106       20,863   431,329                                                 431,329
MENTOR GRAPHICS CORP         COM            587200106          411    46,493                                                  46,493
MERCK & CO INC               COM            589331107       32,098   845,795                                                 845,795
MEREDITH CORP                COM            589433101          292     7,636                                                   7,636
MERRILL LYNCH & CO INC       COM            590188108       11,926   292,727                                                 292,727
METAVANTE TECHNOLOGIES INC   COM            591407101          546    27,314                                                  27,314
METLIFE INC                  COM            59156R108       12,647   209,875                                                 209,875
METROPCS COMMUNICATIONS INC  COM            591708102          174    10,234                                                  10,234
METTLER TOLEDO INTERNATIONAL COM            592688105        1,631    16,790                                                  16,790
MICROSOFT CORP               COM            594918104       95,085 3,350,424                                               3,350,424
MICROCHIP TECHNOLOGY INC     COM            595017104          980    29,932                                                  29,932
MICRON TECHNOLOGY INC        COM            595112103        1,196   200,343                                                 200,343
MILLENNIUM PHARMACEUTICALS I COM            599902103          549    35,508                                                  35,508
MILLIPORE CORP               COM            601073109          577     8,567                                                   8,567
MIRANT CORP NEW              COM            60467R100        1,160    31,886                                                  31,886
MOHAWK INDS INC              COM            608190104          796    11,113                                                  11,113
MOLEX INC                    COM            608554101          718    30,981                                                  30,981
MOLSON COORS BREWING CO      CL B           60871R209        1,424    27,083                                                  27,083
MONEYGRAM INTL INC           COM            60935Y109           25    13,369                                                  13,369
MONSANTO CO NEW              COM            61166W101       32,410   290,673                                                 290,673
MONSTER WORLDWIDE INC        COM            611742107          785    32,428                                                  32,428
MOODYS CORP                  COM            615369105        3,453    99,129                                                  99,129
MORGAN STANLEY               COM NEW        617446448       14,584   319,129                                                 319,129
MOSAIC CO                    COM            61945A107        1,545    15,060                                                  15,060
MOTOROLA INC                 COM            620076109        4,681   503,333                                                 503,333
MURPHY OIL CORP              COM            626717102          793     9,652                                                   9,652
MYLAN INC                    COM            628530107        1,276   109,966                                                 109,966
NBTY INC                     COM            628782104          851    28,419                                                  28,419
NCR CORP NEW                 COM            62886E108        1,308    57,307                                                  57,307
NII HLDGS INC                CL B NEW       62913F201        2,303    72,472                                                  72,472
NRG ENERGY INC               COM NEW        629377508        1,300    33,348                                                  33,348
NVR INC                      COM            62944T105          484       810                                                     810
NYMEX HOLDINGS INC           COM            62948N104        1,325    14,622                                                  14,622






          ITEM 1:                ITEM 2:     ITEM 3:     ITEM 4:    ITEM 5:         ITEM 6:        ITEM 7:          ITEM 8:
---------------------------- -------------- --------- ------------ --------- -------------------- -------- -------------------------
                                                                                INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                             --------------------          -------------------------
                                                                              (A)    (B)     (C)            (A)   (B)       (C)
                                                                             ---- -------- ------          ---- ------ -------------
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                              CUSIP      MARKET    PRINCIPAL       AS DEF. SHARED    SEE
NAME OF ISSUER               TITLE OF CLASS   NUMBER   VALUE($000)   AMOUNT  SOLE INSTR. V  OTHER INSTR. V SOLE SHARED      NONE
---------------------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ -------------
                                                                                          
NYSE EURONEXT                COM            629491101        4,251    68,883                                                  68,883
NALCO HOLDING COMPANY        COM            62985Q101          484    22,899                                                  22,899
NASDAQ OMX GROUP INC         COM            631103108        1,934    50,030                                                  50,030
NATIONAL CITY CORP           COM            635405103        2,363   237,496                                                 237,496
NATIONAL FUEL GAS CO N J     COM            636180101          202     4,287                                                   4,287
NATIONAL HEALTH INVS INC     COM            63633D104          633    20,269                                                  20,269
NATIONAL INSTRS CORP         COM            636518102          239     9,136                                                   9,136
NATIONAL OILWELL VARCO INC   COM            637071101        5,644    96,677                                                  96,677
NATIONAL SEMICONDUCTOR CORP  COM            637640103        1,532    83,637                                                  83,637
NATIONWIDE FINL SVCS INC     CL A           638612101        3,008    63,618                                                  63,618
NAVTEQ CORP                  COM            63936L100        1,055    15,512                                                  15,512
NEUSTAR INC                  CL A           64126X201          320    12,070                                                  12,070
NEW YORK CMNTY BANCORP INC   COM            649445103          300    16,487                                                  16,487
NEW YORK TIMES CO            CL A           650111107          211    11,202                                                  11,202
NEWELL RUBBERMAID INC        COM            651229106        1,393    60,896                                                  60,896
NEWFIELD EXPL CO             COM            651290108          355     6,711                                                   6,711
NEWMONT MINING CORP          COM            651639106        4,254    93,910                                                  93,910
NEWS CORP                    CL A           65248E104       14,845   791,761                                                 791,761
NIKE INC                     CL B           654106103       14,797   217,610                                                 217,610
NISOURCE INC                 COM            65473P105          509    29,514                                                  29,514
NOKIA CORP                   SPONSORED ADR  654902204        1,964    61,715                                                  61,715
NOBLE ENERGY INC             COM            655044105          836    11,481                                                  11,481
NORDSTROM INC                COM            655664100        3,337   102,348                                                 102,348
NORFOLK SOUTHERN CORP        COM            655844108        6,653   122,472                                                 122,472
NORTHEAST UTILS              COM            664397106        1,145    46,659                                                  46,659
NORTHERN TR CORP             COM            665859104        8,997   135,349                                                 135,349
NORTHROP GRUMMAN CORP        COM            666807102       14,031   180,323                                                 180,323
NORTHWEST AIRLS CORP         COM            667280408          289    32,192                                                  32,192
NOVELL INC                   COM            670006105          142    22,529                                                  22,529
NOVELLUS SYS INC             COM            670008101          296    14,058                                                  14,058
NSTAR                        COM            67019E107          639    20,983                                                  20,983
NUCOR CORP                   COM            670346105        9,025   133,227                                                 133,227
NVIDIA CORP                  COM            67066G104        5,258   265,693                                                 265,693
OGE ENERGY CORP              COM            670837103          751    24,078                                                  24,078
OCCIDENTAL PETE CORP DEL     COM            674599105       33,974   464,317                                                 464,317
OCEANEERING INTL INC         COM            675232102          546     8,661                                                   8,661
OFFICE DEPOT INC             COM            676220106        1,140   103,151                                                 103,151
OLD REP INTL CORP            COM            680223104          153    11,863                                                  11,863






          ITEM 1:                ITEM 2:     ITEM 3:     ITEM 4:    ITEM 5:         ITEM 6:        ITEM 7:          ITEM 8:
---------------------------- -------------- --------- ------------ --------- -------------------- -------- -------------------------
                                                                                INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                             --------------------          -------------------------
                                                                              (A)    (B)     (C)            (A)   (B)       (C)
                                                                             ---- -------- ------          ---- ------ -------------
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                              CUSIP      MARKET    PRINCIPAL       AS DEF. SHARED    SEE
NAME OF ISSUER               TITLE OF CLASS   NUMBER   VALUE($000)   AMOUNT  SOLE INSTR. V  OTHER INSTR. V SOLE SHARED      NONE
---------------------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ -------------
                                                                                          
OMNICOM GROUP INC            COM            681919106        9,917   224,476                                                 224,476
ONEOK INC NEW                COM            682680103          238     5,336                                                   5,336
ORACLE CORP                  COM            68389X105       30,030 1,535,299                                               1,535,299
O REILLY AUTOMOTIVE INC      COM            686091109          788    27,634                                                  27,634
OSHKOSH CORP                 COM            688239201          427    11,765                                                  11,765
OVERSEAS SHIPHOLDING GROUP I COM            690368105        1,242    17,739                                                  17,739
OWENS ILL INC                COM NEW        690768403        1,326    23,504                                                  23,504
PDL BIOPHARMA INC            COM            69329Y104          196    18,532                                                  18,532
PG&E CORP                    COM            69331C108        5,194   141,068                                                 141,068
PMI GROUP INC                COM            69344M101          293    50,301                                                  50,301
PNC FINL SVCS GROUP INC      COM            693475105        5,705    87,014                                                  87,014
PPG INDS INC                 COM            693506107        3,192    52,756                                                  52,756
PPL CORP                     COM            69351T106        7,148   155,667                                                 155,667
PACCAR INC                   COM            693718108        5,081   112,905                                                 112,905
PACKAGING CORP AMER          COM            695156109          646    28,924                                                  28,924
PACTIV CORP                  COM            695257105          698    26,648                                                  26,648
PALL CORP                    COM            696429307          644    18,368                                                  18,368
PARKER HANNIFIN CORP         COM            701094104        1,744    25,177                                                  25,177
PATRIOT COAL CORP            COM            70336T104          366     7,786                                                   7,786
PATTERSON COMPANIES INC      COM            703395103          801    22,078                                                  22,078
PATTERSON UTI ENERGY INC     COM            703481101          210     8,037                                                   8,037
PAYCHEX INC                  COM            704326107        4,542   132,580                                                 132,580
PEABODY ENERGY CORP          COM            704549104        3,971    77,866                                                  77,866
PEDIATRIX MED GROUP          COM            705324101          519     7,696                                                   7,696
PENN NATL GAMING INC         COM            707569109          510    11,661                                                  11,661
PENNEY J C INC               COM            708160106        3,605    95,604                                                  95,604
PENTAIR INC                  COM            709631105          416    13,051                                                  13,051
PEOPLES UNITED FINANCIAL INC COM            712704105          509    29,433                                                  29,433
PEPCO HOLDINGS INC           COM            713291102          245     9,904                                                   9,904
PEPSI BOTTLING GROUP INC     COM            713409100        3,622   106,817                                                 106,817
PEPSIAMERICAS INC            COM            71343P200        1,066    41,773                                                  41,773
PEPSICO INC                  COM            713448108       46,553   644,777                                                 644,777
PERKINELMER INC              COM            714046109          227     9,373                                                   9,373
PETSMART INC                 COM            716768106          417    20,412                                                  20,412
PFIZER INC                   COM            717081103       41,239 1,970,315                                               1,970,315
PHARMACEUTICAL PROD DEV INC  COM            717124101          688    16,421                                                  16,421
PHARMERICA CORP              COM            71714F104          177    10,665                                                  10,665
PHILADELPHIA CONS HLDG CORP  COM            717528103          245     7,598                                                   7,598






          ITEM 1:                ITEM 2:     ITEM 3:     ITEM 4:    ITEM 5:         ITEM 6:        ITEM 7:          ITEM 8:
---------------------------- -------------- --------- ------------ --------- -------------------- -------- -------------------------
                                                                                INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                             --------------------          -------------------------
                                                                              (A)    (B)     (C)            (A)   (B)       (C)
                                                                             ---- -------- ------          ---- ------ -------------
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                              CUSIP      MARKET    PRINCIPAL       AS DEF. SHARED    SEE
NAME OF ISSUER               TITLE OF CLASS   NUMBER   VALUE($000)   AMOUNT  SOLE INSTR. V  OTHER INSTR. V SOLE SHARED      NONE
---------------------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ -------------
                                                                                          
PHILLIPS VAN HEUSEN CORP     COM            718592108          337     8,884                                                   8,884
PINNACLE WEST CAP CORP       COM            723484101          724    20,638                                                  20,638
PIONEER NAT RES CO           COM            723787107        1,836    37,369                                                  37,369
PITNEY BOWES INC             COM            724479100        1,070    30,542                                                  30,542
PLAINS EXPL& PRODTN CO       COM            726505100          305     5,747                                                   5,747
PLUM CREEK TIMBER CO INC     COM            729251108          428    10,516                                                  10,516
POLO RALPH LAUREN CORP       CL A           731572103          566     9,713                                                   9,713
POPULAR INC                  COM            733174106          167    14,322                                                  14,322
PRAXAIR INC                  COM            74005P104        9,841   116,839                                                 116,839
PRECISION CASTPARTS CORP     COM            740189105       12,767   125,067                                                 125,067
PRICE T ROWE GROUP INC       COM            74144T108        2,108    42,159                                                  42,159
PRIDE INTL INC DEL           COM            74153Q102          759    21,708                                                  21,708
PRINCIPAL FINANCIAL GROUP IN COM            74251V102        3,425    61,472                                                  61,472
PROCTER & GAMBLE CO          COM            742718109       67,319   960,741                                                 960,741
PROGRESS ENERGY INC          COM            743263105          946    22,675                                                  22,675
PROGRESSIVE CORP OHIO        COM            743315103        2,318   144,265                                                 144,265
PROLOGIS                     SH BEN INT     743410102        2,946    50,049                                                  50,049
PRUDENTIAL FINL INC          COM            744320102        9,798   125,215                                                 125,215
PUBLIC SVC ENTERPRISE GROUP  COM            744573106        3,640    90,576                                                  90,576
PUBLIC STORAGE               COM            74460D109        2,747    31,002                                                  31,002
PULTE HOMES INC              COM            745867101        1,348    92,627                                                  92,627
QLOGIC CORP                  COM            747277101          310    20,194                                                  20,194
QUALCOMM INC                 COM            747525103       23,722   578,577                                                 578,577
QUANTA SVCS INC              COM            74762E102          605    26,095                                                  26,095
QUEST DIAGNOSTICS INC        COM            74834L100        1,067    23,560                                                  23,560
QUEST RESOURCE CORP          COM NEW        748349305          216    33,087                                                  33,087
QUESTAR CORP                 COM            748356102        4,938    87,302                                                  87,302
QUICKSILVER RESOURCES INC    COM            74837R104        1,795    49,136                                                  49,136
QWEST COMMUNICATIONS INTL IN COM            749121109        1,660   366,504                                                 366,504
RPM INTL INC                 COM            749685103          705    33,650                                                  33,650
RADIAN GROUP INC             COM            750236101          507    77,165                                                  77,165
RADIOSHACK CORP              COM            750438103          279    17,155                                                  17,155
RAMBUS INC DEL               COM            750917106          325    13,950                                                  13,950
RANGE RES CORP               COM            75281A109        1,494    23,550                                                  23,550
RAYONIER INC                 COM            754907103        1,355    31,202                                                  31,202
RAYTHEON CO                  COM NEW        755111507        9,534   147,569                                                 147,569
RED HAT INC                  COM            756577102        1,205    65,541                                                  65,541
REGAL ENTMT GROUP            CL A           758766109          208    10,793                                                  10,793






          ITEM 1:                ITEM 2:     ITEM 3:     ITEM 4:    ITEM 5:         ITEM 6:        ITEM 7:          ITEM 8:
---------------------------- -------------- --------- ------------ --------- -------------------- -------- -------------------------
                                                                                INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                             --------------------          -------------------------
                                                                              (A)    (B)     (C)            (A)   (B)       (C)
                                                                             ---- -------- ------          ---- ------ -------------
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                              CUSIP      MARKET    PRINCIPAL       AS DEF. SHARED    SEE
NAME OF ISSUER               TITLE OF CLASS   NUMBER   VALUE($000)   AMOUNT  SOLE INSTR. V  OTHER INSTR. V SOLE SHARED      NONE
---------------------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ -------------
                                                                                          
REGENCY CTRS CORP            COM            758849103          231     3,560                                                   3,560
REGIONS FINANCIAL CORP NEW   COM            7591EP100          714    36,137                                                  36,137
RELIANCE STEEL & ALUMINUM CO COM            759509102          245     4,087                                                   4,087
RELIANT ENERGY INC           COM            75952B105          415    17,529                                                  17,529
REPUBLIC SVCS INC            COM            760759100          823    28,132                                                  28,132
RESMED INC                   COM            761152107          521    12,355                                                  12,355
RESPIRONICS INC              COM            761230101          771    11,683                                                  11,683
REYNOLDS AMERICAN INC        COM            761713106        2,065    34,988                                                  34,988
RITE AID CORP                COM            767754104          103    34,940                                                  34,940
ROBERT HALF INTL INC         COM            770323103          981    38,110                                                  38,110
ROCKWELL AUTOMATION INC      COM            773903109        3,865    67,310                                                  67,310
ROCKWELL COLLINS INC         COM            774341101        3,288    57,535                                                  57,535
ROHM & HAAS CO               COM            775371107        3,016    55,778                                                  55,778
ROPER INDS INC NEW           COM            776696106        3,374    56,758                                                  56,758
ROSS STORES INC              COM            778296103        1,399    46,685                                                  46,685
ROWAN COS INC                COM            779382100          583    14,150                                                  14,150
RYDER SYS INC                COM            783549108        1,024    16,809                                                  16,809
SBA COMMUNICATIONS CORP      COM            78388J106          570    19,100                                                  19,100
SEI INVESTMENTS CO           COM            784117103        2,903   117,582                                                 117,582
SL GREEN RLTY CORP           COM            78440X101          249     3,052                                                   3,052
SLM CORP                     COM            78442P106        1,650   107,466                                                 107,466
SPX CORP                     COM            784635104        2,010    19,162                                                  19,162
SAFECO CORP                  COM            786429100          203     4,620                                                   4,620
SAFEWAY INC                  COM NEW        786514208          664    22,620                                                  22,620
ST JOE CO                    COM            790148100          506    11,795                                                  11,795
ST JUDE MED INC              COM            790849103        5,793   134,119                                                 134,119
SAKS INC                     COM            79377W108          252    20,224                                                  20,224
SALESFORCE COM INC           COM            79466L302          872    15,072                                                  15,072
SANDISK CORP                 COM            80004C101        1,118    49,517                                                  49,517
SANMINA SCI CORP             COM            800907107           65    40,157                                                  40,157
SARA LEE CORP                COM            803111103        1,103    78,902                                                  78,902
SCANA CORP NEW               COM            80589M102          219     5,981                                                   5,981
SCHEIN HENRY INC             COM            806407102        2,588    45,089                                                  45,089
SCHERING PLOUGH CORP         COM            806605101        6,036   418,884                                                 418,884
SCHLUMBERGER LTD             COM            806857108       27,922   320,941                                                 320,941
SCHWAB CHARLES CORP NEW      COM            808513105        4,980   264,468                                                 264,468
SCIENTIFIC GAMES CORP        CL A           80874P109          218    10,313                                                  10,313
SCOTTS MIRACLE GRO CO        CL A           810186106          456    14,078                                                  14,078






          ITEM 1:                ITEM 2:     ITEM 3:     ITEM 4:    ITEM 5:         ITEM 6:        ITEM 7:          ITEM 8:
---------------------------- -------------- --------- ------------ --------- -------------------- -------- -------------------------
                                                                                INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                             --------------------          -------------------------
                                                                              (A)    (B)     (C)            (A)   (B)       (C)
                                                                             ---- -------- ------          ---- ------ -------------
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                              CUSIP      MARKET    PRINCIPAL       AS DEF. SHARED    SEE
NAME OF ISSUER               TITLE OF CLASS   NUMBER   VALUE($000)   AMOUNT  SOLE INSTR. V  OTHER INSTR. V SOLE SHARED      NONE
---------------------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ -------------
                                                                                          
SEALED AIR CORP NEW          COM            81211K100          270    10,692                                                  10,692
SEARS HLDGS CORP             COM            812350106        3,414    33,437                                                  33,437
SEMPRA ENERGY                COM            816851109        3,546    66,561                                                  66,561
SENSIENT TECHNOLOGIES CORP   COM            81725T100          228     7,748                                                   7,748
SEPRACOR INC                 COM            817315104          330    16,884                                                  16,884
SERVICE CORP INTL            COM            817565104          145    14,298                                                  14,298
SHAW GROUP INC               COM            820280105          569    12,069                                                  12,069
SHERWIN WILLIAMS CO          COM            824348106        3,817    74,791                                                  74,791
SIERRA PAC RES NEW           COM            826428104          441    34,932                                                  34,932
SIGMA ALDRICH CORP           COM            826552101        3,113    52,194                                                  52,194
SILICON LABORATORIES INC     COM            826919102          274     8,700                                                   8,700
SIMON PPTY GROUP INC NEW     COM            828806109        6,328    68,112                                                  68,112
SIRIUS SATELLITE RADIO INC   COM            82966U103          664   232,188                                                 232,188
SMITH INTL INC               COM            832110100        4,363    67,926                                                  67,926
SMURFIT-STONE CONTAINER CORP COM            832727101          101    13,097                                                  13,097
SONOCO PRODS CO              COM            835495102          514    17,948                                                  17,948
SOUTHERN CO                  COM            842587107        1,897    53,271                                                  53,271
SOUTHERN COPPER CORP         COM            84265V105        2,273    21,889                                                  21,889
SOUTHWEST AIRLS CO           COM            844741108        1,141    92,001                                                  92,001
SOUTHWEST GAS CORP           COM            844895102          990    35,420                                                  35,420
SOUTHWESTERN ENERGY CO       COM            845467109        1,818    53,968                                                  53,968
SOVEREIGN BANCORP INC        COM            845905108          339    36,374                                                  36,374
SPECTRA ENERGY CORP          COM            847560109        4,392   193,066                                                 193,066
SPIRIT AEROSYSTEMS HLDGS INC COM CL A       848574109          218     9,826                                                   9,826
SPRINT NEXTEL CORP           COM SER 1      852061100        4,504   673,211                                                 673,211
STANLEY WKS                  COM            854616109        1,267    26,602                                                  26,602
STAPLES INC                  COM            855030102        4,374   197,845                                                 197,845
STARBUCKS CORP               COM            855244109        5,914   337,943                                                 337,943
STARWOOD HOTELS&RESORTS WRLD COM            85590A401        3,734    72,163                                                  72,163
STATE STR CORP               COM            857477103        6,563    83,071                                                  83,071
STEEL DYNAMICS INC           COM            858119100        2,763    83,616                                                  83,616
STEELCASE INC                CL A           858155203          154    13,887                                                  13,887
STERICYCLE INC               COM            858912108        1,802    34,982                                                  34,982
STRYKER CORP                 COM            863667101       10,244   157,486                                                 157,486
SUN MICROSYSTEMS INC         COM NEW        866810203        2,251   144,928                                                 144,928
SUNOCO INC                   COM            86764P109        1,010    19,252                                                  19,252
SUNPOWER CORP                COM CL A       867652109          464     6,231                                                   6,231
SUNTRUST BKS INC             COM            867914103        7,463   135,345                                                 135,345






          ITEM 1:                ITEM 2:     ITEM 3:     ITEM 4:    ITEM 5:         ITEM 6:        ITEM 7:          ITEM 8:
---------------------------- -------------- --------- ------------ --------- -------------------- -------- -------------------------
                                                                                INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                             --------------------          -------------------------
                                                                              (A)    (B)     (C)            (A)   (B)       (C)
                                                                             ---- -------- ------          ---- ------ -------------
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                              CUSIP      MARKET    PRINCIPAL       AS DEF. SHARED    SEE
NAME OF ISSUER               TITLE OF CLASS   NUMBER   VALUE($000)   AMOUNT  SOLE INSTR. V  OTHER INSTR. V SOLE SHARED      NONE
---------------------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ -------------
                                                                                          
SUPERIOR ENERGY SVCS INC     COM            868157108          507    12,807                                                  12,807
SUPERVALU INC                COM            868536103        2,190    73,042                                                  73,042
SYMANTEC CORP                COM            871503108        3,738   224,881                                                 224,881
SYNOPSYS INC                 COM            871607107        1,050    46,234                                                  46,234
SYNOVUS FINL CORP            COM            87161C105          281    25,363                                                  25,363
SYSCO CORP                   COM            871829107        2,845    98,020                                                  98,020
TD AMERITRADE HLDG CORP      COM            87236Y108        2,058   124,658                                                 124,658
TECO ENERGY INC              COM            872375100          171    10,712                                                  10,712
TJX COS INC NEW              COM            872540109        6,146   185,854                                                 185,854
TARGET CORP                  COM            87612E106       23,009   454,008                                                 454,008
TAUBMAN CTRS INC             COM            876664103          309     5,925                                                   5,925
TECHNE CORP                  COM            878377100          421     6,257                                                   6,257
TELEPHONE & DATA SYS INC     COM            879433100        2,891    73,615                                                  73,615
TELEPHONE & DATA SYS INC     SPL COM        879433860          578    15,498                                                  15,498
TELLABS INC                  COM            879664100          122    22,467                                                  22,467
TEMPLE INLAND INC            COM            879868107          347    27,299                                                  27,299
TENET HEALTHCARE CORP        COM            88033G100          360    63,597                                                  63,597
TERADATA CORP DEL            COM            88076W103        1,265    57,360                                                  57,360
TERADYNE INC                 COM            880770102          227    18,303                                                  18,303
TEREX CORP NEW               COM            880779103        2,172    34,745                                                  34,745
TESORO CORP                  COM            881609101          650    21,663                                                  21,663
TETRA TECHNOLOGIES INC DEL   COM            88162F105          183    11,565                                                  11,565
TEXAS INSTRS INC             COM            882508104       18,392   650,585                                                 650,585
TEXTRON INC                  COM            883203101        7,971   143,834                                                 143,834
THERMO FISHER SCIENTIFIC INC COM            883556102        5,631    99,064                                                  99,064
THOMAS & BETTS CORP          COM            884315102        2,771    76,197                                                  76,197
THOR INDS INC                COM            885160101          615    20,663                                                  20,663
3M CO                        COM            88579Y101       19,768   249,753                                                 249,753
TIDEWATER INC                COM            886423102        1,280    23,222                                                  23,222
TIFFANY & CO NEW             COM            886547108          843    20,138                                                  20,138
TIM HORTONS INC              COM            88706M103        1,023    30,052                                                  30,052
TIME WARNER INC              COM            887317105       14,773 1,053,741                                               1,053,741
TIME WARNER CABLE INC        CL A           88732J108          430    17,207                                                  17,207
TIMKEN CO                    COM            887389104          269     9,050                                                   9,050
TITANIUM METALS CORP         COM NEW        888339207          163    10,832                                                  10,832
TORCHMARK CORP               COM            891027104        1,998    33,232                                                  33,232
TORO CO                      COM            891092108          251     6,054                                                   6,054
TORONTO DOMINION BK ONT      COM NEW        891160509        1,421    23,168                                                  23,168






          ITEM 1:                ITEM 2:     ITEM 3:     ITEM 4:    ITEM 5:         ITEM 6:        ITEM 7:          ITEM 8:
---------------------------- -------------- --------- ------------ --------- -------------------- -------- -------------------------
                                                                                INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                             --------------------          -------------------------
                                                                              (A)    (B)     (C)            (A)   (B)       (C)
                                                                             ---- -------- ------          ---- ------ -------------
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                              CUSIP      MARKET    PRINCIPAL       AS DEF. SHARED    SEE
NAME OF ISSUER               TITLE OF CLASS   NUMBER   VALUE($000)   AMOUNT  SOLE INSTR. V  OTHER INSTR. V SOLE SHARED      NONE
---------------------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ -------------
                                                                                          
TOTAL SYS SVCS INC           COM            891906109          742    31,367                                                  31,367
TRACTOR SUPPLY CO            COM            892356106          217     5,484                                                   5,484
TRANE INC                    COM            892893108        2,416    52,643                                                  52,643
TRAVELERS COMPANIES INC      COM            89417E109       10,747   224,598                                                 224,598
TRIMBLE NAVIGATION LTD       COM            896239100          542    18,970                                                  18,970
TRINITY INDS INC             COM            896522109          311    11,655                                                  11,655
TUPPERWARE BRANDS CORP       COM            899896104          860    22,234                                                  22,234
TYSON FOODS INC              CL A           902494103          216    13,556                                                  13,556
UAL CORP                     COM NEW        902549807          288    13,378                                                  13,378
UDR INC                      COM            902653104          529    21,556                                                  21,556
UST INC                      COM            902911106        3,969    72,796                                                  72,796
US BANCORP DEL               COM NEW        902973304       21,118   652,606                                                 652,606
ULTRA PETROLEUM CORP         COM            903914109        1,033    13,328                                                  13,328
UNION PAC CORP               COM            907818108       12,157    96,964                                                  96,964
UNISYS CORP                  COM            909214108           79    17,928                                                  17,928
UNIT CORP                    COM            909218109          357     6,309                                                   6,309
UNITED PARCEL SERVICE INC    CL B           911312106       14,945   204,666                                                 204,666
UNITED STATES CELLULAR CORP  COM            911684108          721    13,104                                                  13,104
UNITED STATES STL CORP NEW   COM            912909108        1,359    10,714                                                  10,714
UNITED TECHNOLOGIES CORP     COM            913017109       29,640   430,692                                                 430,692
UNITEDHEALTH GROUP INC       COM            91324P102       15,485   450,678                                                 450,678
UNIVERSAL HLTH SVCS INC      CL B           913903100          379     7,060                                                   7,060
UNUM GROUP                   COM            91529Y106          407    18,486                                                  18,486
URBAN OUTFITTERS INC         COM            917047102          563    17,971                                                  17,971
VCA ANTECH INC               COM            918194101          365    13,341                                                  13,341
V F CORP                     COM            918204108        4,777    61,625                                                  61,625
VALERO ENERGY CORP NEW       COM            91913Y100        7,906   160,977                                                 160,977
VALLEY NATL BANCORP          COM            919794107        1,280    66,631                                                  66,631
VARIAN MED SYS INC           COM            92220P105          947    20,217                                                  20,217
VARIAN SEMICONDUCTOR EQUIPMN COM            922207105          351    12,463                                                  12,463
VENTAS INC                   COM            92276F100          950    21,153                                                  21,153
VERISIGN INC                 COM            92343E102        1,165    35,056                                                  35,056
VERIZON COMMUNICATIONS INC   COM            92343V104       28,953   794,314                                                 794,314
VERTEX PHARMACEUTICALS INC   COM            92532F100          531    22,227                                                  22,227
VIACOM INC NEW               CL B           92553P201        3,827    96,597                                                  96,597
VIRGIN MEDIA INC             COM            92769L101          212    15,057                                                  15,057
VISHAY INTERTECHNOLOGY INC   COM            928298108          117    12,877                                                  12,877
VMWARE INC                   CL A COM       928563402          227     5,310                                                   5,310






          ITEM 1:                ITEM 2:     ITEM 3:     ITEM 4:    ITEM 5:         ITEM 6:        ITEM 7:          ITEM 8:
---------------------------- -------------- --------- ------------ --------- -------------------- -------- -------------------------
                                                                                INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                             --------------------          -------------------------
                                                                              (A)    (B)     (C)            (A)   (B)       (C)
                                                                             ---- -------- ------          ---- ------ -------------
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                              CUSIP      MARKET    PRINCIPAL       AS DEF. SHARED    SEE
NAME OF ISSUER               TITLE OF CLASS   NUMBER   VALUE($000)   AMOUNT  SOLE INSTR. V  OTHER INSTR. V SOLE SHARED      NONE
---------------------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ -------------
                                                                                          
VODAFONE GROUP PLC NEW       SPONS ADR NEW  92857W209          377    12,786                                                  12,786
VORNADO RLTY TR              SH BEN INT     929042109          590     6,845                                                   6,845
VULCAN MATLS CO              COM            929160109        3,371    50,766                                                  50,766
WABCO HLDGS INC              COM            92927K102          436     9,556                                                   9,556
WACHOVIA CORP NEW            COM            929903102       13,786   510,591                                                 510,591
WAL MART STORES INC          COM            931142103       38,905   738,510                                                 738,510
WALGREEN CO                  COM            931422109       10,934   287,053                                                 287,053
WASHINGTON MUT INC           COM            939322103        3,424   332,424                                                 332,424
WASHINGTON POST CO           CL B           939640108          968     1,463                                                   1,463
WASTE MGMT INC DEL           COM            94106L109        6,372   189,870                                                 189,870
WATERS CORP                  COM            941848103        2,015    36,168                                                  36,168
WATSON PHARMACEUTICALS INC   COM            942683103          341    11,644                                                  11,644
WATTS WATER TECHNOLOGIES INC CL A           942749102          539    19,217                                                  19,217
WEIGHT WATCHERS INTL INC NEW COM            948626106          261     5,626                                                   5,626
WEINGARTEN RLTY INVS         SH BEN INT     948741103          858    24,925                                                  24,925
WELLCARE HEALTH PLANS INC    COM            94946T106        2,033    52,207                                                  52,207
WELLPOINT INC                COM            94973V107        8,459   191,673                                                 191,673
WELLS FARGO & CO NEW         COM            949746101       28,279   971,796                                                 971,796
WENDYS INTL INC              COM            950590109          319    13,852                                                  13,852
WESCO INTL INC               COM            95082P105          264     7,232                                                   7,232
WESTERN DIGITAL CORP         COM            958102105        4,951   183,112                                                 183,112
WESTERN UN CO                COM            959802109        2,507   117,846                                                 117,846
WEYERHAEUSER CO              COM            962166104        3,472    53,383                                                  53,383
WHIRLPOOL CORP               COM            963320106        1,462    16,844                                                  16,844
WHOLE FOODS MKT INC          COM            966837106          739    22,417                                                  22,417
WILEY JOHN & SONS INC        CL A           968223206          321     8,088                                                   8,088
WILLIAMS COS INC DEL         COM            969457100        4,594   139,286                                                 139,286
WILLIAMS SONOMA INC          COM            969904101          350    14,429                                                  14,429
WINDSTREAM CORP              COM            97381W104          770    64,441                                                  64,441
WISCONSIN ENERGY CORP        COM            976657106        2,614    59,415                                                  59,415
WRIGLEY WM JR CO             COM            982526105        6,578   104,678                                                 104,678
WYETH                        COM            983024100       16,306   390,474                                                 390,474
WYNDHAM WORLDWIDE CORP       COM            98310W108          640    30,930                                                  30,930
WYNN RESORTS LTD             COM            983134107        2,183    21,691                                                  21,691
XM SATELLITE RADIO HLDGS INC CL A           983759101          527    45,376                                                  45,376
XTO ENERGY INC               COM            98385X106       11,718   189,434                                                 189,434
XCEL ENERGY INC              COM            98389B100        3,002   150,470                                                 150,470
XILINX INC                   COM            983919101        2,410   101,464                                                 101,464






          ITEM 1:                ITEM 2:     ITEM 3:     ITEM 4:    ITEM 5:         ITEM 6:        ITEM 7:          ITEM 8:
---------------------------- -------------- --------- ------------ --------- -------------------- -------- -------------------------
                                                                                INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                             --------------------          -------------------------
                                                                              (A)    (B)     (C)            (A)   (B)       (C)
                                                                             ---- -------- ------          ---- ------ -------------
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                              CUSIP      MARKET    PRINCIPAL       AS DEF. SHARED    SEE
NAME OF ISSUER               TITLE OF CLASS   NUMBER   VALUE($000)   AMOUNT  SOLE INSTR. V  OTHER INSTR. V SOLE SHARED      NONE
---------------------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ -------------
                                                                                          
XEROX CORP                   COM            984121103        3,120   208,391                                                 208,391
YAHOO INC                    COM            984332106       15,411   532,711                                                 532,711
YUM BRANDS INC               COM            988498101        7,329   196,961                                                 196,961
ZEBRA TECHNOLOGIES CORP      CL A           989207105          366    10,984                                                  10,984
ZIMMER HLDGS INC             COM            98956P102        6,063    77,874                                                  77,874
ZIONS BANCORPORATION         COM            989701107          252     5,541                                                   5,541
                                                         ---------
GRAND TOTAL                                              4,114,964
                                                         =========