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, 2003
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Value Line Inc
Address: 220 East 42nd Street
New York, NY 10017
13F File Number: 28-00401
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: David Henigson
Title: Vice President
Phone: 212-907-1600
Signature, Place, and Date of Signing:
/s/ David Henigson New York, NY April 14, 2003
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form13F Information Table Entry Total: 851
Form13F Information Table Value Total: $2,148,379 (thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional managers with respect to which this report is filed, other
than the manager filing this report.
NONE
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
3M CO COM 88579Y101 8842 68000 SH DEFINED 0 68000 0
99 CENTS ONLY STORES COM 65440K106 1352 53000 SH DEFINED 0 53000 0
AAIPHARMA INC COM 00252W104 565 65500 SH DEFINED 0 65500 0
ABERCROMBIE & FITCH CO CL A 002896207 15441 514200 SH DEFINED 0 514200 0
ACCREDO HEALTH INC COM 00437V104 1898 78000 SH DEFINED 0 78000 0
ACTUANT CORP CL A NEW 00508X203 288 8200 SH DEFINED 0 8200 0
ACUITY BRANDS INC COM 00508Y102 202 15000 SH DEFINED 0 15000 0
ACXIOM CORP NOTE 3.750% 2/1 005125AB5 240 200000 PRN DEFINED 0 200000 0
ADVANCED AUTO PARTS INC COM 00751Y106 731 15800 SH DEFINED 0 15800 0
ADVANCED MEDICAL OPTICS INC COM 00763M108 317 23600 SH DEFINED 0 23600 0
ADVANCED MICRO DEVICES INC DBCV 4.750% 2/0 007903AE7 168 250000 PRN DEFINED 0 250000 0
ADVANCED NEUROMODULATION SYS COM 00757T101 330 7700 SH DEFINED 0 7700 0
ADVANCEPCS COM 00790K109 4024 142000 SH DEFINED 0 142000 0
AFFILIATED COMPUTER SERVICES CL A 008190100 8852 200000 SH DEFINED 0 200000 0
AFFILIATED COMPUTER SERVICES NOTE 3.500% 2/1 008190AF7 426 350000 PRN DEFINED 0 350000 0
AFFILIATED MANAGERS GROUP COM 008252108 831 20000 SH DEFINED 0 20000 0
AFFYMETRIX INC COM 00826T108 1079 41500 SH DEFINED 0 41500 0
AFLAC INC COM 001055102 11964 373300 SH DEFINED 0 373300 0
AGCO CORP COM 001084102 869 54000 SH DEFINED 0 54000 0
AGILENT TECHNOLOGIES INC DBCV 3.000%12/0 00846UAB7 411 450000 PRN DEFINED 0 450000 0
AGILENT TECHNOLOGIES INC COM 00846U101 132 10000 SH DEFINED 0 10000 0
AGL RES INC COM 001204106 1125 47600 SH DEFINED 0 47600 0
AIRGAS INC COM 009363102 1099 59400 SH DEFINED 0 59400 0
ALBEMARLE CORP COM 012653101 964 39600 SH DEFINED 0 39600 0
ALBERTO CULVER CO CL B CONV 013068101 493 10000 SH DEFINED 0 10000 0
ALBERTSONS INC COM 013104104 415 22000 SH DEFINED 0 22000 0
ALCATEL SPONSORED ADR 013904305 276 40000 SH DEFINED 0 40000 0
ALCOA INC COM 013817101 233 12000 SH DEFINED 0 12000 0
ALCON INC COM SHS H01301102 820 20000 SH DEFINED 0 20000 0
ALEXANDER & BALDWIN INC COM 014482103 249 10000 SH DEFINED 0 10000 0
ALLEGHANY CORP DEL COM 017175100 337 2060 SH DEFINED 0 2060 0
ALLIANCE GAMING CORP COM NEW 01859P609 2553 170200 SH DEFINED 0 170200 0
ALLIANT ENERGY CORP COM 018802108 321 20000 SH DEFINED 0 20000 0
ALLIANT TECHSYSTEMS INC COM 018804104 1833 33937 SH DEFINED 0 33937 0
ALLTEL CORP COM 020039103 537 12000 SH DEFINED 0 12000 0
ALTIRIS INC COM 02148M100 244 19500 SH DEFINED 0 19500 0
ALTRIA GROUP INC COM 02209S103 4722 157600 SH DEFINED 0 156700 900
ALZA CORP SDCV 0. 07/2 02261WAA7 325 400000 PRN DEFINED 0 400000 0
AMEREN CORP COM 023608102 781 20000 SH DEFINED 0 20000 0
AMERICAN AXLE & MFG HLDGS IN COM 024061103 3457 164300 SH DEFINED 0 164000 300
AMERICAN EXPRESS CO COM 025816109 665 20000 SH DEFINED 0 20000 0
AMERICAN GREETINGS CORP CL A 026375105 131 10000 SH DEFINED 0 10000 0
AMERICAN INTL GROUP INC COM 026874107 23245 470066 SH DEFINED 0 467021 3045
AMERICAN ITALIAN PASTA CO CL A 027070101 610 14100 SH DEFINED 0 14100 0
AMERICAN STD COS INC DEL COM 029712106 5708 83000 SH DEFINED 0 83000 0
AMERICAN TOWER CORP NOTE 5.000% 2/1 029912AF9 276 350000 PRN DEFINED 0 350000 0
AMETEK INC NEW COM 031100100 733 22200 SH DEFINED 0 22200 0
AMGEN INC COM 031162100 36432 633048 SH DEFINED 0 626848 6200
AMGEN INC NOTE 3/0 031162AC4 152 200000 PRN DEFINED 0 200000 0
AMKOR TECHNOLOGY INC NOTE 5.750% 6/0 031652AN0 150 200000 PRN DEFINED 0 200000 0
AMYLIN PHARMACEUTICALS INC COM 032346108 1021 63000 SH DEFINED 0 63000 0
ANADARKO PETE CORP COM 032511107 751 16500 SH DEFINED 0 16500 0
ANALOG DEVICES INC NOTE 4.750%10/0 032654AD7 404 400000 PRN DEFINED 0 400000 0
ANCHOR BANCORP WIS INC COM 032839102 303 13800 SH DEFINED 0 13800 0
ANFI INC COM 00181E100 277 18000 SH DEFINED 0 18000 0
ANGELICA CORP COM 034663104 205 12000 SH DEFINED 0 12000 0
ANGLOGOLD LTD SPONSORED ADR 035128206 604 20000 SH DEFINED 0 20000 0
ANHEUSER BUSCH COS INC COM 035229103 8837 189600 SH DEFINED 0 189600 0
ANNALY MTG MGMT INC COM 035710409 175 10000 SH DEFINED 0 10000 0
ANNTAYLOR STORES CORP COM 036115103 13102 638200 SH DEFINED 0 638200 0
ANSYS INC COM 03662Q105 359 15000 SH DEFINED 0 15000 0
ANTHEM INC COM 03674B104 6094 91986 SH DEFINED 0 91986 0
APACHE CORP COM 037411105 7962 128960 SH DEFINED 0 128960 0
APARTMENT INVT & MGMT CO CL A 03748R101 547 15000 SH DEFINED 0 15000 0
APEX SILVER MINES LTD ORD G04074103 188 14000 SH DEFINED 0 14000 0
APOLLO GROUP INC CL A 037604105 14709 294775 SH DEFINED 0 294775 0
APPLEBEES INTL INC COM 037899101 3871 138050 SH DEFINED 0 138050 0
APPLERA CORP COM CE GEN GRP 038020202 129 15000 SH DEFINED 0 15000 0
APPLIED MATLS INC COM 038222105 199 15800 SH DEFINED 0 15000 800
APPLIED SIGNAL TECHNOLOGY IN COM 038237103 212 15000 SH DEFINED 0 15000 0
APRIA HEALTHCARE GROUP INC COM 037933108 3023 129400 SH DEFINED 0 129400 0
ARAMARK CORP CL B 038521100 1296 56600 SH DEFINED 0 56600 0
ARBITRON INC COM 03875Q108 1056 33300 SH DEFINED 0 33300 0
ARCH CAP GROUP LTD ORD G0450A105 312 9200 SH DEFINED 0 9200 0
ARCHER DANIELS MIDLAND CO COM 039483102 194 18000 SH DEFINED 0 18000 0
ARKANSAS BEST CORP DEL COM 040790107 1047 41200 SH DEFINED 0 41200 0
ARROW ELECTRS INC COM 042735100 294 20000 SH DEFINED 0 20000 0
ARTISAN COMPONENTS INC COM 042923102 307 19000 SH DEFINED 0 19000 0
ASM LITHOGRAPHY HOLDING NOTE 4.250 11/3 00207EAB6 275 300000 PRN DEFINED 0 300000 0
ASSOCIATED BANC CORP COM 045487105 970 30000 SH DEFINED 0 30000 0
ASTROPOWER INC COM 04644A101 130 31000 SH DEFINED 0 31000 0
AT HOME CORP NOTE 4.750 12/1 045919AD9 68 500000 PRN DEFINED 0 500000 0
AT RD INC COM 04648K105 135 20000 SH DEFINED 0 20000 0
ATI TECHNOLOGIES INC COM 001941103 51 10000 SH DEFINED 0 10000 0
AUTOMATIC DATA PROCESSING IN COM 053015103 462 15000 SH DEFINED 0 15000 0
AUTOZONE INC COM 053332102 2817 41000 SH DEFINED 0 41000 0
AVERY DENNISON CORP COM 053611109 3039 51800 SH DEFINED 0 51800 0
AVOCENT CORP COM 053893103 927 39700 SH DEFINED 0 39700 0
AVON PRODS INC COM 054303102 3537 62000 SH DEFINED 0 62000 0
AZTAR CORP COM 054802103 269 20000 SH DEFINED 0 20000 0
BALL CORP COM 058498106 2941 52800 SH DEFINED 0 52800 0
BANCORPSOUTH INC COM 059692103 743 40400 SH DEFINED 0 40400 0
BANK HAWAII CORP COM 062540109 3690 119800 SH DEFINED 0 119800 0
BANK MONTREAL QUE COM 063671101 737 27000 SH DEFINED 0 27000 0
BANK OF AMERICA CORPORATION COM 060505104 5748 86000 SH DEFINED 0 86000 0
BANK OF THE OZARKS INC COM 063904106 290 10400 SH DEFINED 0 10400 0
BANK ONE CORP COM 06423A103 346 10000 SH DEFINED 0 10000 0
BANKATLANTIC BANCORP CL A 065908501 499 51000 SH DEFINED 0 51000 0
BANKNORTH GROUP INC NEW COM 06646R107 3113 142716 SH DEFINED 0 142716 0
BANKUNITED FINL CORP CL A 06652B103 198 11200 SH DEFINED 0 11200 0
BARNES & NOBLE INC COM 067774109 237 12500 SH DEFINED 0 12500 0
BARNES & NOBLE INC NOTE 5.250 3/1 067774AC3 245 250000 PRN DEFINED 0 250000 0
BARR LABS INC COM 068306109 855 15000 SH DEFINED 0 15000 0
BARRA INC COM 068313105 327 11000 SH DEFINED 0 11000 0
BAXTER INTL INC COM 071813109 373 20000 SH DEFINED 0 20000 0
BB&T CORP COM 054937107 12019 382400 SH DEFINED 0 382400 0
BEA SYS INC NOTE 4.000 12/1 073325AC6 278 300000 PRN DEFINED 0 300000 0
BECKMAN COULTER INC COM 075811109 374 11000 SH DEFINED 0 11000 0
BED BATH & BEYOND INC COM 075896100 39849 1153700 SH DEFINED 0 1145900 7800
BEMIS INC COM 081437105 2679 63700 SH DEFINED 0 63700 0
BENTLEY PHARMACEUTICALS INC COM 082657107 120 15000 SH DEFINED 0 15000 0
BERKLEY W R CORP COM 084423102 4341 101300 SH DEFINED 0 101300 0
BEST BUY INC COM 086516101 472 17500 SH DEFINED 0 12000 5500
BEST BUY INC SDCV 2.250% 1/1 086516AF8 585 650000 PRN DEFINED 0 650000 0
BHP BILLITON LTD SPONSORED ADR 088606108 222 20000 SH DEFINED 0 20000 0
BIO RAD LABS INC CL A 090572207 583 16300 SH DEFINED 0 16300 0
BIOMARIN PHARMACEUTICAL INC COM 09061G101 284 25000 SH DEFINED 0 25000 0
BIOMET INC COM 090613100 21834 712350 SH DEFINED 0 708750 3600
BIOSITE INC COM 090945106 2189 57000 SH DEFINED 0 57000 0
BIOVAIL CORP COM 09067J109 614 15400 SH DEFINED 0 15000 400
BISYS GROUP INC NOTE 4.000% 3/1 055472AB0 242 250000 PRN DEFINED 0 250000 0
BJ SVCS CO COM 055482103 12318 358200 SH DEFINED 0 358200 0
BLACK & DECKER CORP COM 091797100 1429 41000 SH DEFINED 0 41000 0
BLOCK H & R INC COM 093671105 3927 92000 SH DEFINED 0 92000 0
BOB EVANS FARMS INC COM 096761101 964 40000 SH DEFINED 0 40000 0
BORLAND SOFTWARE CORP COM 099849101 92 10000 SH DEFINED 0 10000 0
BOSTON SCIENTIFIC CORP COM 101137107 3261 80000 SH DEFINED 0 80000 0
BRINKER INTL INC DBCV 10/1 109641AC4 170 250000 PRN DEFINED 0 250000 0
BRINKER INTL INC COM 109641100 9246 303150 SH DEFINED 0 303150 0
BRISTOL MYERS SQUIBB CO COM 110122108 344 16300 SH DEFINED 0 16300 0
BROOKLINE BANCORP INC DEL COM 11373M107 816 65200 SH DEFINED 0 65200 0
BROWN & BROWN INC COM 115236101 3037 97000 SH DEFINED 0 97000 0
BROWN SHOE INC NEW COM 115736100 785 29000 SH DEFINED 0 29000 0
BUNGE LIMITED COM G16962105 2332 92700 SH DEFINED 0 92700 0
BURLINGTON RES INC COM 122014103 477 10000 SH DEFINED 0 10000 0
C H ROBINSON WORLDWIDE INC COM 12541W100 1694 51800 SH DEFINED 0 51800 0
CABLEVISION SYS CORP CL A NY CABLVS 12686C109 399 21000 SH DEFINED 0 21000 0
CABOT CORP COM 127055101 239 10000 SH DEFINED 0 10000 0
CACI INTL INC CL A 127190304 2595 77800 SH DEFINED 0 77800 0
CADBURY SCHWEPPES PLC ADR 127209302 326 15000 SH DEFINED 0 15000 0
CALLAWAY GOLF CO COM 131193104 119 10000 SH DEFINED 0 10000 0
CANADIAN NAT RES LTD COM 136385101 680 20000 SH DEFINED 0 20000 0
CANADIAN NATL RY CO COM 136375102 471 11000 SH DEFINED 0 11000 0
CAPITAL AUTOMOTIVE REIT COM SH BEN INT 139733109 905 36300 SH DEFINED 0 36300 0
CAPITOL FED FINL COM 14057C106 282 9400 SH DEFINED 0 9400 0
CARDINAL HEALTH INC COM 14149Y108 12331 216450 SH DEFINED 0 212850 3600
CAREER EDUCATION CORP COM 141665109 5743 117400 SH DEFINED 0 117400 0
CAREMARK RX INC COM 141705103 3031 167000 SH DEFINED 0 167000 0
CARNIVAL CORP DBCV 2.000 4/1 143658AM4 312 300000 PRN DEFINED 0 300000 0
CATHAY BANCORP INC COM 149150104 211 5400 SH DEFINED 0 5400 0
CATO CORP NEW CL A 149205106 381 20000 SH DEFINED 0 20000 0
CBL & ASSOC PPTYS INC COM 124830100 792 19500 SH DEFINED 0 19500 0
CBRL GROUP INC COM 12489V106 3459 126000 SH DEFINED 0 126000 0
CDW COMPUTER CTRS INC COM 125129106 571 14000 SH DEFINED 0 14000 0
CELESTICA INC NOTE 8/0 15101QAA6 495 1000000 PRN DEFINED 0 1000000 0
CEMEX S A SPON ADR 5 ORD 151290889 510 29216 SH DEFINED 0 29216 0
CENDANT CORP COM 151313103 572 45000 SH DEFINED 0 45000 0
CENTENE CORP DEL COM 15135B101 386 13200 SH DEFINED 0 13200 0
CENTEX CORP COM 152312104 5844 107500 SH DEFINED 0 104500 3000
CENTRAL GARDEN & PET CO COM 153527106 312 14400 SH DEFINED 0 14400 0
CEPHALON INC NOTE 2.500%12/1 156708AE9 270 300000 PRN DEFINED 0 300000 0
CEPHALON INC COM 156708109 1238 31000 SH DEFINED 0 31000 0
CERNER CORP COM 156782104 3400 105000 SH DEFINED 0 105000 0
CHARLES RIV LABS INTL INC COM 159864107 2399 94000 SH DEFINED 0 94000 0
CHARMING SHOPPES INC NOTE 4.750% 6/0 161133AC7 198 250000 PRN DEFINED 0 250000 0
CHARTER MUN MTG ACCEP CO SH BEN INT 160908109 264 15000 SH DEFINED 0 15000 0
CHARTER ONE FINL INC COM 160903100 5367 194039 SH DEFINED 0 194039 0
CHECK POINT SOFTWARE TECH LT ORD M22465104 145 10000 SH DEFINED 0 10000 0
CHECKFREE CORP NEW NOTE 6.500 12/0 162813AA7 253 300000 PRN DEFINED 0 300000 0
CHEESECAKE FACTORY INC COM 163072101 12384 383750 SH DEFINED 0 383750 0
CHELSEA PPTY GROUP INC COM 163421100 1501 40300 SH DEFINED 0 40300 0
CHESAPEAKE CORP COM 165159104 187 11100 SH DEFINED 0 11100 0
CHESAPEAKE ENERGY CORP COM 165167107 118 15000 SH DEFINED 0 15000 0
CHEVRONTEXACO CORP COM 166764100 1099 17000 SH DEFINED 0 17000 0
CHICAGO BRIDGE & IRON CO N V N Y REGISTRY SH 167250109 309 19000 SH DEFINED 0 19000 0
CHICOS FAS INC COM 168615102 3254 162700 SH DEFINED 0 162700 0
CHINA MOBILE HONG KONG LTD SPONSORED ADR 16941M109 198 20000 SH DEFINED 0 20000 0
CHOICE HOTELS INTL INC COM 169905106 302 12400 SH DEFINED 0 12400 0
CHOICEPOINT INC COM 170388102 2429 71666 SH DEFINED 0 71666 0
CHURCH & DWIGHT INC COM 171340102 1014 33400 SH DEFINED 0 33400 0
CIENA CORP NOTE 3.750% 2/0 171779AA9 188 250000 PRN DEFINED 0 250000 0
CINERGY CORP COM 172474108 471 14000 SH DEFINED 0 14000 0
CITIGROUP INC COM 172967101 35359 1026390 SH DEFINED 0 1022290 4100
CITRIX SYS INC COM 177376100 197 15000 SH DEFINED 0 15000 0
CITY HLDG CO COM 177835105 260 9500 SH DEFINED 0 9500 0
CLARCOR INC COM 179895107 1133 31300 SH DEFINED 0 31300 0
CLEAN HARBORS INC COM 184496107 252 21000 SH DEFINED 0 21000 0
CLOROX CO DEL COM 189054109 4151 89900 SH DEFINED 0 86600 3300
CNF INC COM 12612W104 305 10000 SH DEFINED 0 10000 0
COACH INC COM 189754104 4561 119000 SH DEFINED 0 119000 0
COCA COLA CO COM 191216100 9440 233200 SH DEFINED 0 233200 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 1615 24000 SH DEFINED 0 23600 400
COGNOS INC COM 19244C109 2679 117900 SH DEFINED 0 117900 0
COLE KENNETH PRODTNS INC CL A 193294105 731 33400 SH DEFINED 0 33400 0
COLGATE PALMOLIVE CO COM 194162103 7017 128900 SH DEFINED 0 124600 4300
COLONIAL BANCGROUP INC COM 195493309 214 19000 SH DEFINED 0 19000 0
COMCAST CORP NEW CL A SPL 20030N200 330 12000 SH DEFINED 0 12000 0
COMMERCE BANCORP INC NJ COM 200519106 10315 259550 SH DEFINED 0 252600 6950
COMMERCE BANCSHARES INC COM 200525103 1178 32235 SH DEFINED 0 32235 0
COMMUNITY FIRST BANKSHARES I COM 203902101 657 25700 SH DEFINED 0 25700 0
COMPASS BANCSHARES INC COM 20449H109 3931 125700 SH DEFINED 0 125700 0
COMPUTER ASSOC INTL INC NOTE 5.000% 3/1 204912AR0 315 300000 PRN DEFINED 0 300000 0
COMPUTER SCIENCES CORP COM 205363104 749 23000 SH DEFINED 0 23000 0
COMVERSE TECHNOLOGY INC COM PAR $0.10 205862402 498 44000 SH DEFINED 0 44000 0
CONAGRA FOODS INC COM 205887102 365 18200 SH DEFINED 0 18200 0
CONNECTICUT BANCSHARES INC COM 207540105 291 7000 SH DEFINED 0 7000 0
CONNETICS CORP COM 208192104 387 23100 SH DEFINED 0 23100 0
CONOCOPHILLIPS COM 20825C104 911 17000 SH DEFINED 0 17000 0
CONSTELLATION BRANDS INC CL A 21036P108 6079 267800 SH DEFINED 0 267000 800
COOPER COS INC COM NEW 216648402 3229 108000 SH DEFINED 0 108000 0
COOPER TIRE & RUBR CO COM 216831107 183 15000 SH DEFINED 0 15000 0
COORS ADOLPH CO CL B 217016104 3492 72000 SH DEFINED 0 72000 0
CORINTHIAN COLLEGES INC COM 218868107 2094 53000 SH DEFINED 0 53000 0
COSTCO COMPANIES INC NOTE 8/1 22160QAC6 215 300000 PRN DEFINED 0 300000 0
COSTCO WHSL CORP NEW COM 22160K105 11270 375300 SH DEFINED 0 373800 1500
COVANCE INC COM 222816100 1757 76000 SH DEFINED 0 76000 0
COVENTRY HEALTH CARE INC COM 222862104 280 8500 SH DEFINED 0 8500 0
COX COMMUNICATIONS INC NEW CL A 224044107 467 15000 SH DEFINED 0 15000 0
CP HOLDRS DEP RCPTS CP 12616K106 6045 136000 SH DEFINED 0 136000 0
CPB INC COM 125903104 234 9200 SH DEFINED 0 9200 0
CULP INC COM 230215105 94 21000 SH DEFINED 0 21000 0
CUMULUS MEDIA INC CL A 231082108 364 25000 SH DEFINED 0 25000 0
CUNO INC COM 126583103 279 8300 SH DEFINED 0 8300 0
CURATIVE HEALTH SVCS INC COM 231264102 285 16700 SH DEFINED 0 16700 0
CV THERAPEUTICS INC NOTE 4.750% 3/0 126667AB0 197 250000 PRN DEFINED 0 250000 0
CVB FINL CORP COM 126600105 283 14625 SH DEFINED 0 14625 0
D R HORTON INC COM 23331A109 353 18400 SH DEFINED 0 18000 400
D R HORTON INC NOTE 5/1 23331AAH2 174 300000 PRN DEFINED 0 300000 0
DAIMLERCHRYSLER AG ORD D1668R123 293 10000 SH DEFINED 0 10000 0
DANAHER CORP DEL COM 235851102 3387 51500 SH DEFINED 0 51500 0
DARDEN RESTAURANTS INC COM 237194105 1678 94000 SH DEFINED 0 94000 0
DAVITA INC COM 23918K108 2737 132027 SH DEFINED 0 132027 0
DEAN FOODS CO NEW COM 242370104 4845 112902 SH DEFINED 0 112902 0
DEL MONTE FOODS CO COM 24522P103 149 20000 SH DEFINED 0 20000 0
DELL COMPUTER CORP COM 247025109 14168 518800 SH DEFINED 0 506900 11900
DELPHI CORP COM 247126105 68 10000 SH DEFINED 0 10000 0
DELUXE CORP COM 248019101 1886 47000 SH DEFINED 0 47000 0
DENBURY RES INC COM NEW 247916208 271 25000 SH DEFINED 0 25000 0
DENTSPLY INTL INC NEW COM 249030107 2087 60000 SH DEFINED 0 60000 0
DEVELOPERS DIVERSIFIED RLTY COM 251591103 1468 60800 SH DEFINED 0 60800 0
DEVON ENERGY CORP NEW COM 25179M103 771 15994 SH DEFINED 0 15994 0
DEVRY INC DEL COM 251893103 261 14000 SH DEFINED 0 14000 0
DIAL CORP NEW COM 25247D101 2685 138400 SH DEFINED 0 138400 0
DIONEX CORP COM 254546104 251 7600 SH DEFINED 0 7600 0
DISNEY WALT CO COM DISNEY 254687106 264 15500 SH DEFINED 0 15500 0
DOLLAR GEN CORP COM 256669102 147 12000 SH DEFINED 0 12000 0
DOLLAR TREE STORES INC COM 256747106 716 36000 SH DEFINED 0 36000 0
DOMINION RES INC VA NEW COM 25746U109 554 10000 SH DEFINED 0 10000 0
DONALDSON INC COM 257651109 402 11000 SH DEFINED 0 11000 0
DORAL FINL CORP COM 25811P100 1898 53700 SH DEFINED 0 53700 0
DOW CHEM CO COM 260543103 414 15000 SH DEFINED 0 15000 0
DRS TECHNOLOGIES INC COM 23330X100 206 8250 SH DEFINED 0 7600 650
DTE ENERGY CO COM 233331107 931 24100 SH DEFINED 0 24100 0
DU PONT E I DE NEMOURS & CO COM 263534109 583 15000 SH DEFINED 0 15000 0
DUKE ENERGY CORP COM 264399106 378 26000 SH DEFINED 0 26000 0
DUN & BRADSTREET CORP DEL NE COM 26483E100 3465 90600 SH DEFINED 0 90600 0
E TRADE GROUP INC NOTE 6.000% 2/0 269246AB0 395 500000 PRN DEFINED 0 500000 0
E TRADE GROUP INC NOTE 6.750% 5/1 269246AD6 213 250000 PRN DEFINED 0 250000 0
E TRADE GROUP INC COM 269246104 84 20000 SH DEFINED 0 20000 0
EASTMAN KODAK CO COM 277461109 296 10000 SH DEFINED 0 10000 0
EBAY INC COM 278642103 18316 214700 SH DEFINED 0 213400 1300
ECHELON CORP COM 27874N105 169 16000 SH DEFINED 0 16000 0
ECHOSTAR COMMUNICATIONS NOTE 4.875 1/0 278762AB5 581 600000 PRN DEFINED 0 600000 0
ECOLAB INC COM 278865100 4055 82200 SH DEFINED 0 82200 0
EDUCATION MGMT CORP COM 28139T101 12285 308900 SH DEFINED 0 306200 2700
EDWARDS LIFESCIENCES CORP COM 28176E108 2926 106800 SH DEFINED 0 106800 0
ELECTRONIC ARTS INC COM 285512109 18859 321600 SH DEFINED 0 316400 5200
ELECTRONIC DATA SYS NEW COM 285661104 282 16000 SH DEFINED 0 16000 0
EMCOR GROUP INC COM 29084Q100 2827 58600 SH DEFINED 0 58600 0
ENBRIDGE ENERGY PARTNERS L P COM 29250R106 366 8000 SH DEFINED 0 8000 0
ENCANA CORP COM 292505104 1786 55194 SH DEFINED 0 55194 0
ENERGEN CORP COM 29265N108 1100 34300 SH DEFINED 0 34300 0
ENERGIZER HLDGS INC COM 29266R108 1461 57300 SH DEFINED 0 57300 0
ENGINEERED SUPPORT SYS INC COM 292866100 812 20750 SH DEFINED 0 20750 0
ENNIS BUSINESS FORMS INC COM 293389102 147 13000 SH DEFINED 0 13000 0
ENSCO INTL INC COM 26874Q100 459 18000 SH DEFINED 0 18000 0
ENTERCOM COMMUNICATIONS CORP CL A 293639100 1317 30000 SH DEFINED 0 30000 0
ENTERGY CORP NEW COM 29364G103 2889 60000 SH DEFINED 0 60000 0
ENTRUST INC COM 293848107 50 20000 SH DEFINED 0 20000 0
ENZON PHARMACEUTICALS IN NOTE 4.500 7/0 293904AA6 1133 1450000 PRN DEFINED 0 1450000 0
EOG RES INC COM 26875P101 396 10000 SH DEFINED 0 10000 0
EON LABS INC COM 29412E100 267 10000 SH DEFINED 0 10000 0
EQUIFAX INC COM 294429105 2403 120200 SH DEFINED 0 120200 0
EQUITABLE RES INC COM 294549100 1020 27200 SH DEFINED 0 27200 0
ERESEARCHTECHNOLOGY INC COM 29481V108 880 32800 SH DEFINED 0 32800 0
ESCO TECHNOLOGIES INC COM 296315104 640 19500 SH DEFINED 0 19500 0
ETABLISSEMENTS DELHAIZE FRER SPONSORED ADR 29759W101 198 10800 SH DEFINED 0 10800 0
ETHAN ALLEN INTERIORS INC COM 297602104 647 22000 SH DEFINED 0 22000 0
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