UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 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 July 30, 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: 934
Form13F Information Table Value Total: $2,248,284 (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 8771 68000 SH DEFINED 0 68000 0
99 CENTS ONLY STORES COM 65440K106 1819 53000 SH DEFINED 0 53000 0
AAIPHARMA INC COM 00252W104 1221 61500 SH DEFINED 0 61500 0
AARON RENTS INC COM 002535201 279 10800 SH DEFINED 0 10800 0
ABERCROMBIE & FITCH CO CL A 002896207 8995 316600 SH DEFINED 0 316600 0
ABITIBI-CONSOLIDATED INC COM 003924107 96 15000 SH DEFINED 0 15000 0
ACETO CORP COM 004446100 287 15500 SH DEFINED 0 15500 0
ACTIVCARD CORP COM 00506J107 94 10000 SH DEFINED 0 10000 0
ACTUANT CORP CL A NEW 00508X203 388 8200 SH DEFINED 0 8200 0
ACUITY BRANDS INC COM 00508Y102 273 15000 SH DEFINED 0 15000 0
ACXIOM CORP NOTE 3.750% 2/1 005125AB5 335 300000 PRN DEFINED 0 300000 0
ADOBE SYS INC COM 00724F101 7203 224600 SH DEFINED 0 224600 0
ADVANCED AUTO PARTS INC COM 00751Y106 1827 30000 SH DEFINED 0 30000 0
ADVANCED DIGITAL INFORMATION COM 007525108 383 38570 SH DEFINED 0 38570 0
ADVANCED MEDICAL OPTICS INC COM 00763M108 436 25600 SH DEFINED 0 25600 0
ADVANCED MICRO DEVICES INC DBCV 4.750% 2/0 007903AE7 188 250000 PRN DEFINED 0 250000 0
ADVANCED NEUROMODULATION SYS COM 00757T101 397 7700 SH DEFINED 0 7700 0
ADVANCEPCS COM 00790K109 7497 196000 SH DEFINED 0 196000 0
AEROPOSTALE COM 007865108 915 42600 SH DEFINED 0 42600 0
AFFILIATED COMPUTER SERVICES NOTE 3.500% 2/1 008190AF7 648 550000 PRN DEFINED 0 550000 0
AFFILIATED COMPUTER SERVICES CL A 008190100 8186 179000 SH DEFINED 0 179000 0
AFFILIATED MANAGERS GROUP COM 008252108 731 12000 SH DEFINED 0 12000 0
AFLAC INC COM 001055102 6150 200000 SH DEFINED 0 200000 0
AGILENT TECHNOLOGIES INC DBCV 3.000%12/0 00846UAB7 243 250000 PRN DEFINED 0 250000 0
AGL RES INC COM 001204106 1211 47600 SH DEFINED 0 47600 0
AIRGAS INC COM 009363102 5309 316927 SH DEFINED 0 316927 0
ALABAMA NATL BANCORP DELA COM 010317105 226 4700 SH DEFINED 0 4700 0
ALBEMARLE CORP COM 012653101 587 21000 SH DEFINED 0 21000 0
ALBERTSONS INC COM 013104104 710 37000 SH DEFINED 0 37000 0
ALCATEL SPONSORED ADR 013904305 358 40000 SH DEFINED 0 40000 0
ALCON INC COM SHS H01301102 914 20000 SH DEFINED 0 20000 0
ALEXANDER & BALDWIN INC COM 014482103 313 12000 SH DEFINED 0 12000 0
ALIGN TECHNOLOGY INC COM 016255101 411 32600 SH DEFINED 0 32600 0
ALLERGAN INC NOTE 11/0 018490AE2 243 250000 PRN DEFINED 0 250000 0
ALLIANCE DATA SYSTEMS CORP COM 018581108 1205 51500 SH DEFINED 0 51500 0
ALLIANCE GAMING CORP COM NEW 01859P609 3048 161200 SH DEFINED 0 161200 0
ALLIANT ENERGY CORP COM 018802108 514 27000 SH DEFINED 0 27000 0
ALLIANZ AKTIENGESELLSCHAFT SP ADR 1/10 SH 018805101 182 22000 SH DEFINED 0 22000 0
ALLSTATE CORP COM 020002101 214 6000 SH DEFINED 0 6000 0
ALLTEL CORP COM 020039103 723 15000 SH DEFINED 0 15000 0
ALTIRIS INC COM 02148M100 424 21200 SH DEFINED 0 21200 0
ALTRIA GROUP INC COM 02209S103 8225 181000 SH DEFINED 0 180100 900
ALZA CORP SDCV 0. 07/2 02261WAA7 285 400000 PRN DEFINED 0 400000 0
AMEREN CORP COM 023608102 1014 23000 SH DEFINED 0 23000 0
AMERICAN AXLE & MFG HLDGS IN COM 024061103 1943 81300 SH DEFINED 0 81000 300
AMERICAN ELEC PWR INC COM 025537101 447 15000 SH DEFINED 0 15000 0
AMERICAN EXPRESS CO COM 025816109 502 12000 SH DEFINED 0 12000 0
AMERICAN FINL GROUP INC OHIO COM 025932104 433 19000 SH DEFINED 0 19000 0
AMERICAN GREETINGS CORP CL A 026375105 196 10000 SH DEFINED 0 10000 0
AMERICAN INTL GROUP INC COM 026874107 26225 475266 SH DEFINED 0 472621 2645
AMERICAN STD COS INC DEL COM 029712106 5914 80000 SH DEFINED 0 80000 0
AMERICAN TOWER CORP NOTE 5.000% 2/1 029912AF9 299 350000 PRN DEFINED 0 350000 0
AMERIGROUP CORP COM 03073T102 222 5960 SH DEFINED 0 5960 0
AMERISTAR CASINOS INC COM 03070Q101 320 15000 SH DEFINED 0 15000 0
AMERUS GROUP CO NOTE 2.000% 3/0 03072MAD0 226 250000 PRN DEFINED 0 250000 0
AMETEK INC NEW COM 031100100 814 22200 SH DEFINED 0 22200 0
AMGEN INC COM 031162100 38581 585098 SH DEFINED 0 578898 6200
AMGEN INC NOTE 3/0 031162AC4 157 200000 PRN DEFINED 0 200000 0
AMKOR TECHNOLOGY INC NOTE 5.750% 6/0 031652AN0 319 350000 PRN DEFINED 0 350000 0
AMYLIN PHARMACEUTICALS INC COM 032346108 1454 66100 SH DEFINED 0 66100 0
ANADARKO PETE CORP COM 032511107 734 16500 SH DEFINED 0 16500 0
ANCHOR BANCORP WIS INC COM 032839102 330 13800 SH DEFINED 0 13800 0
ANGIOTECH PHARMACEUTICALS IN COM 034918102 1322 32500 SH DEFINED 0 32500 0
ANGLOGOLD LTD SPONSORED ADR 035128206 638 20000 SH DEFINED 0 20000 0
ANHEUSER BUSCH COS INC COM 035229103 11762 230400 SH DEFINED 0 230400 0
ANNALY MTG MGMT INC COM 035710409 199 10000 SH DEFINED 0 10000 0
ANSYS INC COM 03662Q105 533 17000 SH DEFINED 0 17000 0
ANTHEM INC COM 03674B104 6981 90486 SH DEFINED 0 90486 0
ANWORTH MORTGAGE ASSET CP COM 037347101 308 20000 SH DEFINED 0 20000 0
APACHE CORP COM 037411105 17663 271485 SH DEFINED 0 268260 3225
APEX SILVER MINES LTD ORD G04074103 310 21000 SH DEFINED 0 21000 0
APOLLO GROUP INC CL A 037604105 17661 285775 SH DEFINED 0 285775 0
APPLEBEES INTL INC COM 037899101 4449 141543 SH DEFINED 0 141543 0
APPLERA CORP COM CE GEN GRP 038020202 155 15000 SH DEFINED 0 15000 0
APPLIED SIGNAL TECHNOLOGY IN COM 038237103 568 33000 SH DEFINED 0 33000 0
APRIA HEALTHCARE GROUP INC COM 037933108 3095 124400 SH DEFINED 0 124400 0
AQUANTIVE INC COM 03839G105 520 49500 SH DEFINED 0 49500 0
ARAMARK CORP CL B 038521100 986 44000 SH DEFINED 0 44000 0
ARBITRON INC COM 03875Q108 1189 33300 SH DEFINED 0 33300 0
ARCH CAP GROUP LTD ORD G0450A105 319 9200 SH DEFINED 0 9200 0
ARCHER DANIELS MIDLAND CO COM 039483102 232 18000 SH DEFINED 0 18000 0
ARKANSAS BEST CORP DEL COM 040790107 973 41200 SH DEFINED 0 41200 0
ARTISAN COMPONENTS INC COM 042923102 449 20000 SH DEFINED 0 20000 0
ASK JEEVES INC COM 045174109 201 14700 SH DEFINED 0 14700 0
ASM LITHOGRAPHY HOLDING NOTE 4.250 11/3 00207EAB6 297 300000 PRN DEFINED 0 300000 0
ASSOCIATED BANC CORP COM 045487105 1098 30000 SH DEFINED 0 30000 0
AT HOME CORP NOTE 4.750 12/1 045919AD9 70 500000 PRN DEFINED 0 500000 0
AT RD INC COM 04648K105 463 42400 SH DEFINED 0 42400 0
ATI TECHNOLOGIES INC COM 001941103 724 71000 SH DEFINED 0 71000 0
AUTOMATIC DATA PROCESSING IN COM 053015103 508 15000 SH DEFINED 0 15000 0
AUTOZONE INC COM 053332102 3115 41000 SH DEFINED 0 41000 0
AVERY DENNISON CORP COM 053611109 502 10000 SH DEFINED 0 10000 0
AVID TECHNOLOGY INC COM 05367P100 671 19000 SH DEFINED 0 19000 0
AVOCENT CORP COM 053893103 1234 41300 SH DEFINED 0 41300 0
AVON PRODS INC COM 054303102 12166 195600 SH DEFINED 0 195600 0
AZTAR CORP COM 054802103 242 15000 SH DEFINED 0 15000 0
BALL CORP COM 058498106 2403 52800 SH DEFINED 0 52800 0
BANCORPSOUTH INC COM 059692103 842 40400 SH DEFINED 0 40400 0
BANK HAWAII CORP COM 062540109 3971 119800 SH DEFINED 0 119800 0
BANK MONTREAL QUE COM 063671101 857 27000 SH DEFINED 0 27000 0
BANK OF AMERICA CORPORATION COM 060505104 6797 86000 SH DEFINED 0 86000 0
BANK OF THE OZARKS INC COM 063904106 400 10400 SH DEFINED 0 10400 0
BANK ONE CORP COM 06423A103 595 16000 SH DEFINED 0 16000 0
BANKATLANTIC BANCORP CL A 065908501 606 51000 SH DEFINED 0 51000 0
BANKNORTH GROUP INC NEW COM 06646R107 1914 75000 SH DEFINED 0 75000 0
BANKUNITED FINL CORP CL A 06652B103 225 11200 SH DEFINED 0 11200 0
BARNES & NOBLE INC NOTE 5.250 3/1 067774AC3 250 250000 PRN DEFINED 0 250000 0
BARNES & NOBLE INC COM 067774109 288 12500 SH DEFINED 0 12500 0
BARR LABS INC COM 068306109 655 10000 SH DEFINED 0 10000 0
BAUSCH & LOMB INC COM 071707103 450 12000 SH DEFINED 0 12000 0
BAXTER INTL INC CORP UNITS 7% 071813406 392 8000 SH DEFINED 0 8000 0
BAXTER INTL INC COM 071813109 390 15000 SH DEFINED 0 15000 0
BB&T CORP COM 054937107 6414 187000 SH DEFINED 0 187000 0
BEA SYS INC NOTE 4.000 12/1 073325AC6 289 300000 PRN DEFINED 0 300000 0
BEAR STEARNS COS INC COM 073902108 1260 17400 SH DEFINED 0 17400 0
BECKMAN COULTER INC COM 075811109 650 16000 SH DEFINED 0 16000 0
BED BATH & BEYOND INC COM 075896100 35039 902600 SH DEFINED 0 894800 7800
BEMIS INC COM 081437105 2981 63700 SH DEFINED 0 63700 0
BENTLEY PHARMACEUTICALS INC COM 082657107 197 15000 SH DEFINED 0 15000 0
BERKLEY W R CORP COM 084423102 5128 97300 SH DEFINED 0 97300 0
BEST BUY INC SDCV 2.250% 1/1 086516AF8 673 650000 PRN DEFINED 0 650000 0
BEST BUY INC COM 086516101 2438 55500 SH DEFINED 0 50000 5500
BHP BILLITON LTD SPONSORED ADR 088606108 278 24000 SH DEFINED 0 24000 0
BIO RAD LABS INC CL A 090572207 1827 33000 SH DEFINED 0 33000 0
BIOLASE TECHNOLOGY INC COM 090911108 355 32900 SH DEFINED 0 32900 0
BIOMARIN PHARMACEUTICAL INC COM 09061G101 290 29700 SH DEFINED 0 29700 0
BIOMET INC COM 090613100 20143 701850 SH DEFINED 0 698250 3600
BIOSITE INC COM 090945106 2049 42530 SH DEFINED 0 42530 0
BIOVAIL CORP COM 09067J109 584 12400 SH DEFINED 0 12000 400
BISYS GROUP INC NOTE 4.000% 3/1 055472AB0 246 250000 PRN DEFINED 0 250000 0
BJ SVCS CO COM 055482103 7633 204300 SH DEFINED 0 204300 0
BJS WHOLESALE CLUB INC COM 05548J106 301 20000 SH DEFINED 0 20000 0
BLACK & DECKER CORP COM 091797100 521 12000 SH DEFINED 0 12000 0
BOB EVANS FARMS INC COM 096761101 1120 40000 SH DEFINED 0 40000 0
BOK FINL CORP COM NEW 05561Q201 221 5728 SH DEFINED 0 5728 0
BOMBAY CO INC COM 097924104 361 34000 SH DEFINED 0 34000 0
BOSTON SCIENTIFIC CORP COM 101137107 4888 80000 SH DEFINED 0 80000 0
BRIGHT HORIZON FAMILY SOLUTI COM 109195107 228 6800 SH DEFINED 0 6800 0
BRINKER INTL INC COM 109641100 10343 287150 SH DEFINED 0 287150 0
BRISTOL MYERS SQUIBB CO COM 110122108 687 25300 SH DEFINED 0 25300 0
BROOKLINE BANCORP INC DEL COM 11373M107 913 65200 SH DEFINED 0 65200 0
BROWN & BROWN INC COM 115236101 3153 97000 SH DEFINED 0 97000 0
BROWN SHOE INC NEW COM 115736100 864 29000 SH DEFINED 0 29000 0
BUCKEYE PARTNERS L P UNIT LTD PARTN 118230101 353 9000 SH DEFINED 0 9000 0
BUNGE LIMITED COM G16962105 3709 129700 SH DEFINED 0 129700 0
BURLINGTON RES INC COM 122014103 973 18000 SH DEFINED 0 18000 0
C D W CORP COMMON 12512N105 641 14000 SH DEFINED 0 14000 0
C H ROBINSON WORLDWIDE INC COM 12541W100 5196 146625 SH DEFINED 0 142500 4125
CABOT CORP COM 127055101 373 13000 SH DEFINED 0 13000 0
CACI INTL INC CL A 127190304 1989 58000 SH DEFINED 0 58000 0
CADBURY SCHWEPPES PLC ADR 127209302 605 25000 SH DEFINED 0 25000 0
CALLAWAY GOLF CO COM 131193104 132 10000 SH DEFINED 0 10000 0
CANADIAN NAT RES LTD COM 136385101 958 24000 SH DEFINED 0 24000 0
CANADIAN NATL RY CO COM 136375102 579 12000 SH DEFINED 0 12000 0
CANADIAN PAC RY LTD COM 13645T100 582 25750 SH DEFINED 0 25750 0
CAPITAL AUTOMOTIVE REIT COM SH BEN INT 139733109 1016 36300 SH DEFINED 0 36300 0
CAPITAL ONE FINL CORP COM 14040H105 2587 52600 SH DEFINED 0 51600 1000
CARDINAL HEALTH INC COM 14149Y108 14902 231750 SH DEFINED 0 228850 2900
CAREER EDUCATION CORP COM 141665109 7540 110400 SH DEFINED 0 110400 0
CAREMARK RX INC COM 141705103 4006 156000 SH DEFINED 0 156000 0
CARMAX INC COM 143130102 241 8000 SH DEFINED 0 8000 0
CARNIVAL CORP DBCV 2.000 4/1 143658AM4 333 300000 PRN DEFINED 0 300000 0
CATELLUS DEV CORP COM 149111106 594 27000 SH DEFINED 0 27000 0
CATHAY BANCORP INC COM 149150104 241 5400 SH DEFINED 0 5400 0
CATO CORP NEW CL A 149205106 527 25000 SH DEFINED 0 25000 0
CBL & ASSOC PPTYS INC COM 124830100 839 19500 SH DEFINED 0 19500 0
CBRL GROUP INC COM 12489V106 4608 118600 SH DEFINED 0 118600 0
CDN IMPERIAL BK OF COMMERCE COM 136069101 201 5000 SH DEFINED 0 5000 0
CELESTICA INC NOTE 8/0 15101QAA6 523 1000000 PRN DEFINED 0 1000000 0
CEMEX S A SPON ADR 5 ORD 151290889 562 25216 SH DEFINED 0 25216 0
CENDANT CORP DBCV 3.875%11/2 151313AN3 370 350000 PRN DEFINED 0 350000 0
CENDANT CORP COM 151313103 275 15000 SH DEFINED 0 15000 0
CENTENE CORP DEL COM 15135B101 509 13200 SH DEFINED 0 13200 0
CENTERPOINT ENERGY INC COM 15189T107 424 52000 SH DEFINED 0 52000 0
CENTEX CORP COM 152312104 7258 93300 SH DEFINED 0 90300 3000
CENTILLIUM COMMUNICATIONS IN COM 152319109 245 25000 SH DEFINED 0 25000 0
CENTRAL EUROPEAN DIST CORP COM 153435102 333 16500 SH DEFINED 0 16500 0
CENTRAL GARDEN & PET CO COM 153527106 346 14400 SH DEFINED 0 14400 0
CENTRAL PAC FINL CORP COM 154760102 255 9200 SH DEFINED 0 9200 0
CEPHALON INC NOTE 2.500%12/1 156708AE9 276 300000 PRN DEFINED 0 300000 0
CHARLES RIV LABORATORIES INC DBCV 3.500% 2/0 159863AL3 378 350000 PRN DEFINED 0 350000 0
CHARLES RIV LABS INTL INC COM 159864107 2317 72000 SH DEFINED 0 72000 0
CHARMING SHOPPES INC NOTE 4.750% 6/0 161133AC7 231 250000 PRN DEFINED 0 250000 0
CHARTER MUN MTG ACCEP CO SH BEN INT 160908109 266 14000 SH DEFINED 0 14000 0
CHARTER ONE FINL INC COM 160903100 5395 173039 SH DEFINED 0 173039 0
CHECK POINT SOFTWARE TECH LT ORD M22465104 195 10000 SH DEFINED 0 10000 0
CHECKERS DRIVE-IN RESTAURANT COM NEW 162809305 328 29000 SH DEFINED 0 29000 0
CHECKFREE CORP NEW NOTE 6.500 12/0 162813AA7 591 700000 PRN DEFINED 0 700000 0
CHECKFREE CORP NEW COM 162813109 896 32000 SH DEFINED 0 32000 0
CHEESECAKE FACTORY INC COM 163072101 7186 200500 SH DEFINED 0 200500 0
CHELSEA PPTY GROUP INC COM 163421100 1624 40300 SH DEFINED 0 40300 0
CHESAPEAKE CORP COM 165159104 308 14100 SH DEFINED 0 14100 0
CHESAPEAKE ENERGY CORP COM 165167107 1313 130000 SH DEFINED 0 130000 0
CHEVRONTEXACO CORP COM 166764100 1011 14000 SH DEFINED 0 14000 0
CHICAGO BRIDGE & IRON CO N V N Y REGISTRY SH 167250109 431 19000 SH DEFINED 0 19000 0
CHICOS FAS INC COM 168615102 2667 126700 SH DEFINED 0 126700 0
CHINA MOBILE HONG KONG LTD SPONSORED ADR 16941M109 177 15000 SH DEFINED 0 15000 0
CHIPPAC INC CL A 169657103 103 13600 SH DEFINED 0 13600 0
CHOICE HOTELS INTL INC COM 169905106 584 21400 SH DEFINED 0 21400 0
CHUBB CORP COM 171232101 1980 33000 SH DEFINED 0 33000 0
CHURCH & DWIGHT INC COM 171340102 1093 33400 SH DEFINED 0 33400 0
CIENA CORP NOTE 3.750% 2/0 171779AA9 208 250000 PRN DEFINED 0 250000 0
CINERGY CORP COM 172474108 625 17000 SH DEFINED 0 17000 0
CISCO SYS INC COM 17275R102 1713 102000 SH DEFINED 0 102000 0
CITIGROUP INC COM 172967101 32293 754498 SH DEFINED 0 749398 5100
CITY HLDG CO COM 177835105 278 9500 SH DEFINED 0 9500 0
CLAIRES STORES INC COM 179584107 621 24500 SH DEFINED 0 24500 0
CLARCOR INC COM 179895107 1264 32800 SH DEFINED 0 32800 0
CLEAN HARBORS INC COM 184496107 143 15000 SH DEFINED 0 15000 0
CLOROX CO DEL COM 189054109 3399 79700 SH DEFINED 0 76400 3300
COACH INC COM 189754104 5979 120200 SH DEFINED 0 120200 0
COBALT CORP COM 19074W100 370 18000 SH DEFINED 0 18000 0
COCA COLA CO COM 191216100 10591 228200 SH DEFINED 0 228200 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 1361 55790 SH DEFINED 0 54590 1200
COGNOS INC COM 19244C109 3188 117900 SH DEFINED 0 117900 0
COLGATE PALMOLIVE CO COM 194162103 12352 213150 SH DEFINED 0 208850 4300
COLONIAL BANCGROUP INC COM 195493309 264 19000 SH DEFINED 0 19000 0
COLUMBIA SPORTSWEAR CO COM 198516106 977 19000 SH DEFINED 0 19000 0
COMCAST CORP NEW CL A SPL 20030N200 203 7000 SH DEFINED 0 7000 0
COMMERCE BANCORP INC NJ COM 200519106 5871 158250 SH DEFINED 0 151300 6950
COMMERCE BANCSHARES INC COM 200525103 1255 32235 SH DEFINED 0 32235 0
COMMERCIAL CAP BANCORP INC COM 20162L105 248 16000 SH DEFINED 0 16000 0
COMMONWEALTH TEL ENTERPRISES COM 203349105 391 8900 SH DEFINED 0 8900 0
COMMUNITY FIRST BANKSHARES I COM 203902101 700 25700 SH DEFINED 0 25700 0
COMPASS BANCSHARES INC COM 20449H109 4261 122700 SH DEFINED 0 122700 0
COMPUTER ASSOC INTL INC NOTE 5.000% 3/1 204912AR0 360 300000 PRN DEFINED 0 300000 0
COMPUTER SCIENCES CORP COM 205363104 724 19000 SH DEFINED 0 19000 0
COMTECH TELECOMMUNICATIONS C COM NEW 205826209 423 15000 SH DEFINED 0 15000 0
COMVERSE TECHNOLOGY INC COM PAR $0.10 205862402 600 40000 SH DEFINED 0 40000 0
CONAGRA FOODS INC COM 205887102 666 28200 SH DEFINED 0 28200 0
CONCUR TECHNOLOGIES INC COM 206708109 465 46000 SH DEFINED 0 46000 0
CONNECTICUT BANCSHARES INC COM 207540105 274 7000 SH DEFINED 0 7000 0
CONNETICS CORP COM 208192104 347 23100 SH DEFINED 0 23100 0
CONOCOPHILLIPS COM 20825C104 932 17000 SH DEFINED 0 17000 0
CONSOLIDATED EDISON INC COM 209115104 433 10000 SH DEFINED 0 10000 0
CONSTELLATION BRANDS INC CL A 21036P108 7781 247800 SH DEFINED 0 247000 800
COOPER COS INC COM NEW 216648402 3268 94000 SH DEFINED 0 94000 0
COORS ADOLPH CO CL B 217016104 588 12000 SH DEFINED 0 12000 0
CORINTHIAN COLLEGES INC COM 218868107 2766 57262 SH DEFINED 0 57262 0
CORRECTIONS CORP AMER NEW COM NEW 22025Y407 993 39200 SH DEFINED 0 39200 0
COST PLUS INC CALIF COM 221485105 207 5800 SH DEFINED 0 5800 0
COSTCO COMPANIES INC NOTE 8/1 22160QAC6 250 300000 PRN DEFINED 0 300000 0
COSTCO WHSL CORP NEW COM 22160K105 12605 344400 SH DEFINED 0 342900 1500
COTT CORP QUE COM 22163N106 331 16000 SH DEFINED 0 16000 0
COVENTRY HEALTH CARE INC COM 222862104 392 8500 SH DEFINED 0 8500 0
CP HOLDRS DEP RCPTS CP 12616K106 6868 136000 SH DEFINED 0 136000 0
CSK AUTO CORP COM 125965103 159 11000 SH DEFINED 0 11000 0
CUBIC CORP COM 229669106 755 34000 SH DEFINED 0 34000 0
CULP INC COM 230215105 166 24000 SH DEFINED 0 24000 0
CUMULUS MEDIA INC CL A 231082108 535 28480 SH DEFINED 0 28480 0
CUNO INC COM 126583103 301 8300 SH DEFINED 0 8300 0
CV THERAPEUTICS INC NOTE 4.750% 3/0 126667AB0 331 350000 PRN DEFINED 0 350000 0
CVB FINL CORP COM 126600105 283 14625 SH DEFINED 0 14625 0
D R HORTON INC COM 23331A109 380 13519 SH DEFINED 0 13119 400
DADE BEHRING HLDGS INC COM 23342J206 870 38500 SH DEFINED 0 38500 0
DANAHER CORP DEL COM 235851102 8003 117600 SH DEFINED 0 117600 0
DAVITA INC COM 23918K108 1236 46171 SH DEFINED 0 46171 0
DEAN FOODS CO NEW COM 242370104 5731 181936 SH DEFINED 0 181936 0
DEL MONTE FOODS CO COM 24522P103 88 10000 SH DEFINED 0 10000 0
DELL COMPUTER CORP COM 247025109 18174 570800 SH DEFINED 0 558900 11900
DELPHI CORP COM 247126105 86 10000 SH DEFINED 0 10000 0
DELTA AIR LINES INC DEL NOTE 8.000 6/0 247361YN2 246 250000 PRN DEFINED 0 250000 0
DELUXE CORP COM 248019101 2106 47000 SH DEFINED 0 47000 0
DENBURY RES INC COM NEW 247916208 336 25000 SH DEFINED 0 25000 0
DENTSPLY INTL INC NEW COM 249030107 2458 60000 SH DEFINED 0 60000 0
DEUTSCHE BANK AG NAMEN ORD D18190898 258 4000 SH DEFINED 0 4000 0
DEVELOPERS DIVERSIFIED RLTY COM 251591103 1900 66800 SH DEFINED 0 66800 0
DEVON ENERGY CORP NEW COM 25179M103 4621 86544 SH DEFINED 0 82244 4300
DEVRY INC DEL COM 251893103 326 14000 SH DEFINED 0 14000 0
DIAGEO P L C SPON ADR NEW 25243Q205 219 5000 SH DEFINED 0 5000 0
DIAL CORP NEW COM 25247D101 1673 86000 SH DEFINED 0 86000 0
DICKS SPORTING GOODS INC COM 253393102 723 19700 SH DEFINED 0 19700 0
DIGITAL RIV INC COM 25388B104 555 29000 SH DEFINED 0 29000 0
DILLARDS INC CL A 254067101 202 15000 SH DEFINED 0 15000 0
DIONEX CORP COM 254546104 910 22900 SH DEFINED 0 22900 0
DOLLAR TREE STORES INC COM 256747106 381 12000 SH DEFINED 0 12000 0
DOMINION RES INC VA NEW COM 25746U109 900 14000 SH DEFINED 0 14000 0
DONALDSON INC COM 257651109 4934 111000 SH DEFINED 0 111000 0
DORAL FINL CORP COM 25811P100 2398 53700 SH DEFINED 0 53700 0
DOT HILL SYS CORP COM 25848T109 1074 82000 SH DEFINED 0 82000 0
DTE ENERGY CO COM 233331107 777 20100 SH DEFINED 0 20100 0
DU PONT E I DE NEMOURS & CO COM 263534109 625 15000 SH DEFINED 0 15000 0
DUKE ENERGY CORP COM 264399106 519 26000 SH DEFINED 0 26000 0
DUN & BRADSTREET CORP DEL NE COM 26483E100 1891 46000 SH DEFINED 0 46000 0
DYCOM INDS INC COM 267475101 179 11000 SH DEFINED 0 11000 0
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