FORM 13F COVER PAGE
"Report for the Calendar Year or Quarter Ended: September 30, 2001"
Check here if Amendment [ x ]; Amendment Number:
This Amendment (Check only one.): [ x ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: CNA Financial Corporation
Address: CNA Plaza
"Chicago, Il 60685"
13F File Number: 28-346
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: Lynne Gugenheim
Title: Group Vice President and Deputy General Counsel
Phone: (312) 822 4921
"Signature, Place, and Date of Signing:"
"November 5, 2001"
"Chicago, Illinois, "
Report Type (Check only one.):
[ X ] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934
Loews Corporation also has investment discretion
over the securities reported on herein by
"CNA Financial Corportion, Continental Assurance Company,
Continental Casualty Company,"
and The Continental Corporation. Loews Corporation will
report separately on securities over
which it has investment discretion which are not
part of such holdings.
FORM 13F INFORMATION TABLE
VALUE OTHER SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x1000) MANAGERS PRN AMT PRN CALL DSCRETN SOLE SHARED NONE
ACCENTURE LTD-CL A CL A G1150G111 " 6,279.4 " "2,3" " 492,500 " SH DEFINED " 492,500 " 0 0
ACME COMMUNICATIONS INC COM 004631107 " 3,028.2 " "1,2,3" " 432,595 " SH DEFINED " 432,595 " 0 0
ADELPHIA COMMUNICATIONS-CL A CL A 006848105 " 8,880.0 " "2,3" " 400,000 " SH DEFINED " 400,000 " 0 0
AETNA INC COM 00817Y108 " 10,279.1 " "2,3" " 355,800 " SH DEFINED " 355,800 " 0 0
AFFIL COMPUTER SUB NT CV 3.5%06 008190AF7 " 2,784.0 " "1,3" " 2,400,000 " PRN DEFINED
AFFILIATED COMPUTER SVCS-A CL A 008190100 " 1,465.4 " "1,3" " 18,000 " SH DEFINED " 18,000 " 0 0
AGCO CORP COM 001084102 " 4,039.0 " "2,3" " 446,300 " SH DEFINED " 446,300 " 0 0
AGERE SYSTEMS INC-A CL A 00845V100 517.5 "2,3" " 125,000 " SH DEFINED " 125,000 " 0 0
AIR PRODUCTS & CHEMICAL COM 009158106 964.5 "2,3" " 25,000 " SH DEFINED " 25,000 " 0 0
AK STEEL HOLDING CORP COM 001547108 " 2,524.9 " "2,3" " 298,800 " SH DEFINED " 298,800 " 0 0
AKAMAI TECHNOLOGIES COM 00971T101 87.3 "2,3" " 30,000 " SH DEFINED " 30,000 " 0 0
ALCAN INC COM 013716105 600.0 3 " 20,000 " SH DEFINED " 20,000 " 0 0
ALCOA INC COM 013817101 " 7,628.5 " "1,2,3" " 246,000 " SH DEFINED " 246,000 " 0 0
ALLEGHENY ENERGY INC COM 017361106 " 1,148.7 " "2,3" " 31,300 " SH DEFINED " 31,300 " 0 0
ALLMERICA FINANCIAL CORP COM 019754100 672.8 "2,3" " 15,000 " SH DEFINED " 15,000 " 0 0
ALLTEL CORP COM 020039103 " 9,011.2 " "2,3" " 155,500 " SH DEFINED " 155,500 " 0 0
ALPHARMA INC SR SB NT CV 3%06 020813AD3 " 1,385.1 " "1,3" " 1,250,000 " PRN DEFINED
ALPHARMA INC-CL A CL A 020813101 853.6 "1,3" " 29,640 " SH DEFINED " 29,640 " 0 0
AMBAC FINANCIAL GROUP INC COM 023139108 " 4,923.9 " "2,3" " 90,000 " SH DEFINED " 90,000 " 0 0
AMERADA HESS COM 023551104 " 6,985.0 " "2,3" " 110,000 " SH DEFINED " 110,000 " 0 0
AMERICA WEST HOLDINGS CL B 023657208 20.0 3 " 10,825 " SH DEFINED " 10,825 " 0 0
AMERICAN EXPRESS COM 025816109 " 9,113.2 " "1,2,3" " 313,600 " SH DEFINED " 313,600 " 0 0
AMERICAN INTL GROUP INC COM 026874107 " 3,797.8 " "1,2,3" " 48,690 " SH DEFINED " 48,690 " 0 0
AMERICAN NATIONAL INSURANCE COM 028591105 109.4 3 " 1,350 " SH DEFINED " 1,350 " 0 0
AMERICAN PHYSICIANS CAP INC COM 028884104 157.3 3 " 7,575 " SH DEFINED " 7,575 " 0 0
AMERISOURCEBERGEN CORP COM 03073E105 " 2,916.8 " "1,3" " 41,110 " SH DEFINED " 41,110 " 0 0
AMKOR TECHNOLOGY INC COM 031652100 946.8 "2,3" " 90,000 " SH DEFINED " 90,000 " 0 0
ANADARKO PETROLEUM CORP COM 032511107 " 7,801.0 " "2,3" " 162,250 " SH DEFINED " 162,250 " 0 0
ANHEUSER BUSCH CO COM 035229103 " 2,094.0 " "1,3" " 50,000 " SH DEFINED " 50,000 " 0 0
ANIXTER INTERNATIONAL INC COM 035290105 101.0 3 " 4,075 " SH DEFINED " 4,075 " 0 0
ANNTAYLOR STORES CORP COM 036115103 69.0 3 " 3,150 " SH DEFINED " 3,150 " 0 0
AOL TIME WARNER COM 00184A105 " 2,118.4 " "1,3" " 64,000 " SH DEFINED " 64,000 " 0 0
AON CORP COM 037389103 " 22,890.0 " "2,3" " 545,000 " SH DEFINED " 545,000 " 0 0
APACHE CORP COM 037411105 " 1,075.0 " "1,2,3" " 25,000 " SH DEFINED " 25,000 " 0 0
APPLIED MATERIALS INC. COM 038222105 " 2,417.4 " "1,3" " 85,000 " SH DEFINED " 85,000 " 0 0
ARGUSS COMMUNICATIONS INC COM 040282105 " 1,593.0 " "1,2,3" " 677,874 " SH DEFINED " 677,874 " 0 0
ARRIS GROUP COM 04269Q100 143.2 "1,2,3" " 40,000 " SH DEFINED " 40,000 " 0 0
ARVINMERITOR INC COM 043353101 106.8 3 " 7,475 " SH DEFINED " 7,475 " 0 0
AT & T CORPORATION COM 001957109 " 14,185.5 " "2,3" " 735,000 " SH DEFINED " 735,000 " 0 0
AT HOME CORP "SB DB CV0,525%18" 045919AC1 315.0 "2,3" " 3,000,000 " PRN DEFINED
AT HOME CORP SUB NT CV4.75%06 045919AF4 " 5,525.0 " "1,2,3" " 32,500,000 " PRN DEFINED
AT&T WIRELESS SERVICES INC COM 00209A106 " 8,202.0 " "2,3" " 548,993 " SH DEFINED " 548,993 " 0 0
ATLAS AIR WORLDWIDE HLDGS COM 049164106 " 1,088.4 " "2,3,4" " 110,500 " SH DEFINED " 110,500 " 0 0
BANK OF NEW YORK COM 064057102 " 1,750.0 " "2,3" " 50,000 " SH DEFINED " 50,000 " 0 0
BANK ONE CORP COM 06423A103 " 9,441.0 " "2,3" " 300,000 " SH DEFINED " 300,000 " 0 0
BARNES & NOBLE SUB NT CV 144A09 067774AC3 " 3,247.5 " "1,3" " 2,450,000 " PRN DEFINED
BARNES & NOBLE INC COM 067774109 " 2,233.9 " "1,3" " 61,880 " SH DEFINED " 61,880 " 0 0
BAYCORP HOLDINGS LTD COM 072728108 " 3,307.9 " "1,3" " 386,442 " SH DEFINED " 386,442 " 0 0
BEA SYSTEMS INC COM 073325102 " 1,466.3 " "1,3" " 152,900 " SH DEFINED " 152,900 " 0 0
BEA SYSTEMS INC SB NT CV 4%06 073325AD4 " 1,703.8 " "1,3" " 2,350,000 " PRN DEFINED
BEAR STEARNS COMPANIES INC COM 073902108 " 2,000.4 " "2,3" " 40,000 " SH DEFINED " 40,000 " 0 0
BED BATH & BEYOND INC COM 075896100 381.9 "1,3" " 15,000 " SH DEFINED " 15,000 " 0 0
BELLSOUTH CORP COM 079860102 " 2,908.5 " "2,3" " 70,000 " SH DEFINED " 70,000 " 0 0
BETHLEHEM STEEL CORP COM 087509105 711.8 "2,3" " 556,100 " SH DEFINED " 556,100 " 0 0
BOEING COMPANY COM 097023105 " 6,480.6 " "2,3" " 193,450 " SH DEFINED " 193,450 " 0 0
BORG WARNER AUTOMOTIVE INC COM 099724106 85.6 3 " 2,125 " SH DEFINED " 2,125 " 0 0
BOWATER INC COM 102183100 " 2,280.2 " "2,3" " 51,800 " SH DEFINED " 51,800 " 0 0
BOWNE & CO INC COM 103043105 108.6 3 " 10,700 " SH DEFINED " 10,700 " 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 " 5,000.4 " "2,3" " 90,000 " SH DEFINED " 90,000 " 0 0
BROADWING INC PFD CV DEP1/20 111620407 399.9 "1,3" " 10,000 " SH DEFINED " 10,000 " 0 0
BUCKHEAD AMERICA CORP COM 11835A105 19.4 "2,3" " 21,579 " SH DEFINED " 21,579 " 0 0
BURLINGTON RESOURCES INC COM 122014103 " 4,789.4 " "2,3" " 140,000 " SH DEFINED " 140,000 " 0 0
CABLEVISION SYSTEMS -CL A CL A NY CABLVS 12686C109 601.8 "2,3" " 14,700 " SH DEFINED " 14,700 " 0 0
CABOT OIL & GAS CORP -CL A CL A 127097103 997.5 "2,3" " 50,000 " SH DEFINED " 50,000 " 0 0
CALPINE CORPORATION COM 131347106 " 6,888.6 " "1,2,3" " 302,000 " SH DEFINED " 302,000 " 0 0
CANADIAN PACIFIC LTD COM 135923100 " 1,604.5 " "1,3" " 50,000 " SH DEFINED " 50,000 " 0 0
CARDINAL HEALTH INC. COM 14149Y108 " 4,765.1 " "1,3" " 64,437 " SH DEFINED " 64,437 " 0 0
CATELLUS DEVELOPMENT CORP COM 149111106 " 1,883.0 " "2,3" " 107,724 " SH DEFINED " 107,724 " 0 0
CATERPILLAR INC COM 149123101 896.0 "2,3" " 20,000 " SH DEFINED " 20,000 " 0 0
CBRL GROUP INC COM 12489V106 901.3 3 " 41,025 " SH DEFINED " 41,025 " 0 0
CELESTICA INC SUB VTG SHS 15101Q108 " 3,191.0 " "1,2,3" " 117,100 " SH DEFINED " 117,100 " 0 0
CELESTICA INC LYON ZERO 15101QAA6 " 12,613.3 " "1,2,3" " 34,380,000 " PRN DEFINED
CENDANT CORPORATION COM 151313103 " 2,351.4 " "1,2,3" " 183,700 " SH DEFINED " 183,700 " 0 0
CENTEX CORP COM 152312104 438.5 3 " 13,000 " SH DEFINED " 13,000 " 0 0
CHIRON CORP COM 170040109 " 6,970.5 " "1,2,3" " 157,100 " SH DEFINED " 157,100 " 0 0
CHIRON CORP LYON ZRO 144A31 170040AD1 " 30,111.3 " "1,2,3" " 54,500,000 " PRN DEFINED
CHUBB CORP COM 171232101 " 1,335.4 " 3 " 18,700 " SH DEFINED " 18,700 " 0 0
CISCO SYSTEMS INC COM 17275R102 " 2,436.0 " "1,3" " 200,000 " SH DEFINED " 200,000 " 0 0
CITIGROUP INC COM 172967101 " 8,707.5 " "1,2,3" " 215,000 " SH DEFINED " 215,000 " 0 0
CLEAR CHANNEL COMMUNICATIONS COM 184502102 " 1,987.5 " "1,3" " 50,000 " SH DEFINED " 50,000 " 0 0
CLEVELAND-CLIFFS INC COM 185896107 215.3 "2,3" " 14,950 " SH DEFINED " 14,950 " 0 0
CMS ENERGY ADJ CV TR8.75% 125896308 305.0 "1,3" " 10,000 " SH DEFINED " 10,000 " 0 0
CNA SURETY CORPORATION COM 12612L108 " 371,610.7 " "2,3,4" " 27,425,147 " SH DEFINED " 27,425,147 " 0 0
CNF INC COM 12612W104 798.5 3 " 34,975 " SH DEFINED " 34,975 " 0 0
COLT TELECOM GROUP-SPONS ADR SPONSORED ADR 196877104 13.7 "2,3" " 3,000 " SH DEFINED " 3,000 " 0 0
COMCAST CORP CL A SPL CL A SPL 200300200 " 4,304.4 " "1,3" " 120,000 " SH DEFINED " 120,000 " 0 0
COMMUNICATION INTELLIGENCE COM 20338K106 462.0 "1,3" " 660,000 " SH DEFINED " 660,000 " 0 0
COMPAQ COMPUTER CORP COM 204493100 " 3,781.1 " "2,3" " 455,000 " SH DEFINED " 455,000 " 0 0
COMPUTER ASSOCIATES INTL INC COM 204912109 909.9 3 " 35,350 " SH DEFINED " 35,350 " 0 0
CONOCO INC-CL A CL A 208251306 " 2,288.7 " "2,3" " 90,000 " SH DEFINED " 90,000 " 0 0
CONSTELLATION ENERGY GROUP COM 210371100 " 3,146.0 " "2,3" " 130,000 " SH DEFINED " 130,000 " 0 0
COOPER INDUSTRIES INCORPORATED COM 216669101 930.0 3 " 22,425 " SH DEFINED " 22,425 " 0 0
CORN PRODUCTS INTL INC COM 219023108 " 3,815.3 " "2,3" " 132,800 " SH DEFINED " 132,800 " 0 0
CORNING INC. COM 219350105 79.4 "2,3" " 9,000 " SH DEFINED " 9,000 " 0 0
CORRECTIONS CORP PFD CV B 12% 22025Y308 1.5 "2,3" 101 SH DEFINED 101 0 0
COX COMMUNICATIONS INC-CL A CL A 224044107 " 2,592.7 " "1,2,3" " 62,100 " SH DEFINED " 62,100 " 0 0
CROWN CORK & SEAL CO INC. COM 228255105 " 1,336.4 " "2,3" " 583,600 " SH DEFINED " 583,600 " 0 0
CVS CORP COM 126650100 " 1,992.0 " "1,3" " 60,000 " SH DEFINED " 60,000 " 0 0
CYTEC INDUSTRIES INC COM 232820100 364.0 3 " 15,725 " SH DEFINED " 15,725 " 0 0
D.R. HORTON INC COM 23331A109 " 6,883.8 " "2,3" " 330,000 " SH DEFINED " 330,000 " 0 0
DEERE & CO COM 244199105 " 1,692.5 " "2,3" " 45,000 " SH DEFINED " 45,000 " 0 0
DEL MONTE FOODS CO COM 24522P103 " 1,951.6 " "2,3" " 253,450 " SH DEFINED " 253,450 " 0 0
DELL COMPUTER CORP COM 247025109 741.2 "1,3" " 40,000 " SH DEFINED " 40,000 " 0 0
DELPHI AUTOMOTIVE SYSTEMS COM 247126105 " 1,494.6 " "2,3" " 127,200 " SH DEFINED " 127,200 " 0 0
DELPHI FINANCIAL GROUP-CL A CL A 247131105 " 3,718.0 " "2,3" " 110,000 " SH DEFINED " 110,000 " 0 0
DILLARDS INC-CL A CL A 254067101 101.4 3 " 7,700 " SH DEFINED " 7,700 " 0 0
DOLLAR THRIFTY AUTOMOTIVE GP COM 256743105 " 1,144.3 " 3 " 115,000 " SH DEFINED " 115,000 " 0 0
DOW CHEMICAL CORP COM 260543103 " 2,948.4 " "2,3" " 90,000 " SH DEFINED " 90,000 " 0 0
DU PONT DE NEMOURS E.I. COM 263534109 " 1,313.2 " "2,3" " 35,000 " SH DEFINED " 35,000 " 0 0
EAST-WEST BANCORP INC. COM 27579R104 " 22,628.0 " "2,3" " 967,420 " SH DEFINED " 967,420 " 0 0
EATON VANCE CORP COM NON VTG 278265103 921.7 "1,2,3" " 29,400 " SH DEFINED
ECHOSTAR COMM SUB NT CV 144A07 278762AB5 470.6 "1,3" " 590,000 " PRN DEFINED
ECHOSTAR COMMUNICATIONS - A CL A 278762109 248.6 "1,3" " 10,685 " SH DEFINED " 10,685 " 0 0
EL PASO CORP COM 28336L109 " 4,578.8 " "2,3" " 110,200 " SH DEFINED " 110,200 " 0 0
ELDERTRUST COM SH BEN INT 284560109 " 1,486.5 " "2,3" " 208,200 " SH DEFINED " 208,200 " 0 0
ELECTRONIC _DATA SYSTEMS_CORP COM 285661104 " 18,488.9 " "2,3" " 321,100 " SH DEFINED " 321,100 " 0 0
ENCOMPASS SERVICES CORP COM 29255U104 150.4 "2,3" " 39,800 " SH DEFINED " 39,800 " 0 0
ENERGY EAST CORPORATION COM 29266M109 " 2,722.9 " "2,3" " 135,400 " SH DEFINED " 135,400 " 0 0
ENGEL GENERAL DEVELOPERS ORD M40515104 465.6 "2,3" " 120,000 " SH DEFINED " 120,000 " 0 0
ENRON CORP COM 293561106 " 2,110.3 " "1,3" " 77,500 " SH DEFINED " 77,500 " 0 0
EQUITY OFFICE PROPERTIES TR COM 294741103 320.0 "1,3" " 10,000 " SH DEFINED " 10,000 " 0 0
ESTERLINE TECHNOLOGIES CORP COM 297425100 68.9 3 " 4,350 " SH DEFINED " 4,350 " 0 0
EXCITE@HOME SB NT CV 144A 06 045919AD9 " 3,485.0 " "1,2,3" " 20,500,000 " PRN DEFINED
EXELON CORP COM 30161N101 " 1,561.0 " "2,3" " 35,000 " SH DEFINED " 35,000 " 0 0
FEDERATED DEPART STORES INC COM 31410H101 " 4,512.0 " "2,3" " 160,000 " SH DEFINED " 160,000 " 0 0
FIRST CENTRAL FINANCIAL SUB DEB CV 9%00 318908AA8 161.2 "1,3,4" " 1,612,000 " PRN DEFINED
FIRST CITIZENS BCSHS -CL A CL A 31946M103 41.6 3 500 SH DEFINED 500 0 0
FIRST DATA CORP COM 319963104 " 3,786.9 " "1,3" " 65,000 " SH DEFINED " 65,000 " 0 0
FIRSTENERGY CORP COM 337932107 " 3,595.0 " "2,3" " 100,000 " SH DEFINED " 100,000 " 0 0
FLEMING COS INC COM 339130106 " 1,837.9 " "1,3" " 62,300 " SH DEFINED " 62,300 " 0 0
FMC CORP (NEW) COM NEW 302491303 " 6,633.2 " "2,3" " 135,400 " SH DEFINED " 135,400 " 0 0
FMC TECHNOLOGIES INC COM 30249U101 196.4 3 " 17,000 " SH DEFINED " 17,000 " 0 0
FORTUNE BRANDS INC COM 349631101 862.6 3 " 25,750 " SH DEFINED " 25,750 " 0 0
FREDDIE MAC COM 313400301 " 2,990.0 " "1,3" " 46,000 " SH DEFINED " 46,000 " 0 0
FREEPORT MCMORAN COPPER&GOLD CL B 35671D857 630.3 3 " 57,350 " SH DEFINED " 57,350 " 0 0
FRONTLINE LTD. ORD G3682E127 " 2,266.8 " "2,3" " 250,000 " SH DEFINED " 250,000 " 0 0
GABLES RESIDENTIAL TRUST SH BEN INT 362418105 161.0 3 " 5,250 " SH DEFINED " 5,250 " 0 0
GEN SEMICONDUCTR SUB NT CV5.75%06 370787AB9 982.5 "1,3" " 1,000,000 " PRN DEFINED
GENENTECH INC COM NEW 368710406 " 1,716.0 " "1,3" " 39,000 " SH DEFINED " 39,000 " 0 0
GENERAL ELECTRIC CO COM 369604103 " 8,518.8 " "1,2,3" " 229,000 " SH DEFINED " 229,000 " 0 0
GENERAL MOTORS CORP CLASS H CL H NEW 370442832 " 2,599.4 " "2,3" " 195,000 " SH DEFINED " 195,000 " 0 0
GENERAL SEMICONDUCTOR INC COM 370787103 411.8 "1,3" " 42,900 " SH DEFINED " 42,900 " 0 0
GENUITY INC-A CL A 37248E103 39.3 "2,3" " 25,000 " SH DEFINED " 25,000 " 0 0
GEORGIA-PACIFIC (TIMBER GRP) COM-TIMBER GRP 373298702 " 1,267.7 " "2,3" " 35,000 " SH DEFINED " 35,000 " 0 0
GEORGIA-PACIFIC CORPORATION COM GA PAC GRP 373298108 575.1 3 " 19,975 " SH DEFINED " 19,975 " 0 0
GLIMCHER REALTY TRUST SH BEN INT 379302102 138.7 3 " 8,575 " SH DEFINED " 8,575 " 0 0
GOLD STANDARD INC COM PAR $0.001 380724302 99.4 "2,3" " 82,813 " SH DEFINED " 82,813 " 0 0
HANOVER COMPRESS SR NT CV 4.75%08 410768AC9 " 2,025.0 " "1,3" " 2,400,000 " PRN DEFINED
HANOVER COMPRESSOR CO COM 410768105 839.6 "1,3" " 38,800 " SH DEFINED " 38,800 " 0 0
HAYES LEMMERZ INTL INC COM COM 420781106 273.8 "1,3" " 273,800 " SH DEFINED " 273,800 " 0 0
HCA INC COM 404119109 " 3,544.8 " "1,3" " 80,000 " SH DEFINED " 80,000 " 0 0
HEALTH CARE PPTYS INVEST INC COM 421915109 " 2,460.8 " "2,3" " 64,000 " SH DEFINED " 64,000 " 0 0
HEALTH NET INC COM 42222G108 " 1,099.9 " 3 " 57,225 " SH DEFINED " 57,225 " 0 0
HEALTHCARE REALTY TRUST INC COM 421946104 " 6,143.6 " "2,3" " 240,925 " SH DEFINED " 240,925 " 0 0
HEALTHSOUTH CORP SB DBCV 3.25%03 421924AF8 " 3,800.4 " "2,3" " 4,000,000 " PRN DEFINED
HEALTHSOUTH CORP. COM 421924101 " 9,764.1 " "2,3" " 600,500 " SH DEFINED " 600,500 " 0 0
HEARST-ARGYLE TELEVISION INC COM 422317107 " 4,198.3 " "2,3" " 239,900 " SH DEFINED " 239,900 " 0 0
HERBALIFE INTERNATIONAL-CL B CL B 426908307 85.2 3 " 8,925 " SH DEFINED " 8,925 " 0 0
HERCULES INC COM 427056106 " 3,168.4 " "2,3" " 384,050 " SH DEFINED " 384,050 " 0 0
HEWLETT-PACKARD CO. COM 428236103 " 6,867.4 " "2,3" " 427,875 " SH DEFINED " 427,875 " 0 0
HILTON HOTELS CORP COM 432848109 " 4,749.3 " "2,3" " 605,000 " SH DEFINED " 605,000 " 0 0
HOME DEPOT COM 437076102 " 1,726.7 " "1,3" " 45,000 " SH DEFINED " 45,000 " 0 0
HONEYWELL INTERNATIONAL INC COM 438516106 " 2,508.0 " "1,2,3" " 95,000 " SH DEFINED " 95,000 " 0 0
HOUSEHOLD INTL INC COM 441815107 " 2,819.0 " "2,3" " 50,000 " SH DEFINED " 50,000 " 0 0
IBP INC COM 449223106 23.5 3 994 SH DEFINED 994 0 0
IMC GLOBAL INC COM 449669100 954.9 "2,3" " 106,100 " SH DEFINED " 106,100 " 0 0
INGERSOLL RAND CO COM 456866102 " 1,352.0 " "2,3" " 40,000 " SH DEFINED " 40,000 " 0 0
INSWEB CORPORATION COM 45809K103 528.6 "2,3" " 1,149,117 " SH DEFINED " 1,149,117 " 0 0
INTEL CORP COM 458140100 " 1,411.0 " "1,3" " 69,200 " SH DEFINED " 69,200 " 0 0
INTERNATIONAL BUSINESS MACHINE COM 459200101 " 19,419.9 " "1,2,3" " 210,400 " SH DEFINED " 210,400 " 0 0
INTERNATIONAL PAPER CO. COM 460146103 " 3,484.0 " "2,3" " 100,000 " SH DEFINED " 100,000 " 0 0
INTERSTATE BAKERIES COM 46072H108 168.3 3 " 6,600 " SH DEFINED " 6,600 " 0 0
INTL RECTIFIER SUB NT CV 144A07 460254AD7 " 1,125.0 " "1,3" " 1,465,000 " PRN DEFINED
INTL RECTIFIER CORP COM 460254105 413.9 "1,3" " 15,200 " SH DEFINED " 15,200 " 0 0
ISPAT INTL NV-NY REG SHS NY REG SH CL A 464899103 550.0 "2,3" " 275,000 " SH DEFINED " 275,000 " 0 0
IVAX CORP COM 465823102 " 1,477.1 " "1,3" " 66,625 " SH DEFINED " 66,625 " 0 0
IVAX CORP SR SB CV 144A07 465823AB8 " 2,493.0 " "1,3" " 2,400,000 " PRN DEFINED
J.P. MORGAN CHASE & CO. COM 46625H100 " 1,024.5 " "2,3" " 30,000 " SH DEFINED " 30,000 " 0 0
JOY GLOBAL INC COM 481165108 " 1,559.3 " "2,3" " 105,000 " SH DEFINED " 105,000 " 0 0
KELLWOOD CO COM 488044108 119.3 3 " 6,450 " SH DEFINED " 6,450 " 0 0
KENNAMETAL INC COM 489170100 112.5 3 " 3,525 " SH DEFINED " 3,525 " 0 0
KERR MC GEE CORP COM 492386107 " 7,267.4 " "2,3" " 140,000 " SH DEFINED " 140,000 " 0 0
KEY3MEDIA GROUP COM 49326R104 28.6 3 " 7,225 " SH DEFINED " 7,225 " 0 0
KEYSPAN CORPORATION COM 49337W100 " 7,811.4 " "2,3" " 235,000 " SH DEFINED " 235,000 " 0 0
KIMBERLY CLARK COM 494368103 " 1,860.0 " "1,3" " 30,000 " SH DEFINED " 30,000 " 0 0
KMART FINANCING PFD TRCV 7.75% 498778208 " 1,115.7 " "2,3" " 30,000 " SH DEFINED " 30,000 " 0 0
KROGER COMPANY COM 501044101 " 11,807.5 " "1,2,3" " 479,200 " SH DEFINED " 479,200 " 0 0
KULICKE & SOFFA SUB NT CV4.75%06 501242AE1 " 2,561.6 " "1,3" " 3,450,000 " PRN DEFINED
KULICKE & SOFFA INDUSTRIES COM 501242101 " 1,313.5 " "1,3" " 120,500 " SH DEFINED " 120,500 " 0 0
L-3 COMM HLDGS SR SB CV 144A 09 502424AA2 " 3,063.0 " "1,3" " 2,400,000 " PRN DEFINED
L-3 COMMUNICATIONS CORP COM 502424104 " 2,043.7 " "1,3" " 23,370 " SH DEFINED " 23,370 " 0 0
LABORATORY CRP OF AMER HLDGS COM NEW 50540R409 " 6,435.7 " "1,2,3" " 79,600 " SH DEFINED " 79,600 " 0 0
LAM RESEARCH CORP COM 512807108 741.2 "1,3" " 43,730 " SH DEFINED " 43,730 " 0 0
LAMAR ADVERTISIN NT CV 5.25%06 512815AF8 " 2,403.4 " "1,3" " 2,550,000 " PRN DEFINED
LAMAR ADVERTISING CO CL A 512815101 " 1,170.4 " "1,3" " 38,600 " SH DEFINED " 38,600 " 0 0
LATTICE SEMICOND SUB NT CV4.75%06 518415AC8 " 2,483.7 " "1,3" " 2,450,000 " PRN DEFINED
LATTICE SEMICONDUCTOR CORP COM 518415104 " 1,577.9 " "1,3" " 100,500 " SH DEFINED " 100,500 " 0 0
LEAR CORPORATION COM 521865105 " 1,210.5 " 3 " 44,800 " SH DEFINED " 44,800 " 0 0
LEGG MASON INC COM 524901105 " 3,769.2 " "1,2,3" " 94,800 " SH DEFINED " 94,800 " 0 0
LIBERTY MEDIA COM SER A 530718105 " 6,833.2 " "1,3" " 538,048 " SH DEFINED " 538,048 " 0 0
LIBERTY PROPERTY TRUST SH BEN INT 531172104 " 2,869.0 " "2,3" " 100,000 " SH DEFINED " 100,000 " 0 0
LILLY (ELI) & CO. COM 532457108 " 3,623.4 " "1,3" " 44,900 " SH DEFINED " 44,900 " 0 0
LINCOLN NATIONAL CORP INDIANA COM 534187109 699.5 "2,3" " 15,000 " SH DEFINED " 15,000 " 0 0
LOCAL FINANCIAL CORP COM 539553107 " 17,518.7 " "2,3" " 1,310,300 " SH DEFINED " 1,310,300 " 0 0
LONGVIEW FIBRE CO COM 543213102 " 1,414.0 " "2,3" " 140,000 " SH DEFINED " 140,000 " 0 0
LORAL SPACE & COMMUNICATIONS COM G56462107 246.2 "2,3" " 189,400 " SH DEFINED " 189,400 " 0 0
LSI CORP COM 502161102 " 1,242.0 " "1,3" " 105,700 " SH DEFINED " 105,700 " 0 0
LSI LOGIC SB NT CV 4.25%04 502161AD4 " 1,993.9 " "1,3" " 1,950,000 " PRN DEFINED
LUBRIZOL CORP COM 549271104 992.2 3 " 31,400 " SH DEFINED " 31,400 " 0 0
LUCENT TECH PFD CV 8% 144A 549463206 " 24,630.0 " "1,2,3" " 24,000 " SH DEFINED " 24,000 " 0 0
LUCENT TECHNOLOGIES COM 549463107 " 9,741.0 " "1,2,3" " 1,700,000 " SH DEFINED " 1,700,000 " 0 0
MARRIOTT INTERNATIONAL- CL A CL A 571903202 541.1 "2,3" " 16,200 " SH DEFINED " 16,200 " 0 0
MARRIOTT INTL SRLYON ZRO144A21 571903AA1 " 8,117.9 " "2,3" " 9,700,000 " PRN DEFINED
MEDICALOGIC/MEDSCAPE INC COM 584642102 409.6 "2,3" " 1,077,800 " SH DEFINED " 1,077,800 " 0 0
MEDTRONIC INC COM 585055106 " 5,785.5 " "1,3" " 133,000 " SH DEFINED " 133,000 " 0 0
MERRILL LYNCH & CO INC COM 590188108 158.3 "1,2,3" " 3,900 " SH DEFINED " 3,900 " 0 0
METLIFE INC COM 59156R108 " 5,821.2 " "2,3" " 196,000 " SH DEFINED " 196,000 " 0 0
MICROSOFT CORP COM 594918104 " 3,172.5 " "1,2,3" " 62,000 " SH DEFINED " 62,000 " 0 0
MILACRON INC COM 598709103 70.3 3 " 5,875 " SH DEFINED " 5,875 " 0 0
MIRANT CORPORATION COM 604675108 262.8 "1,3" " 12,000 " SH DEFINED " 12,000 " 0 0
MOLEX - CLASS A NON-VOTING CL A 608554200 " 2,113.9 " "1,3" " 86,993 " SH DEFINED " 86,993 " 0 0
MONSANTO CO COM 61166W101 564.1 3 " 16,725 " SH DEFINED " 16,725 " 0 0
MSDW ASIA PACIFIC FUND COM 61744U106 " 1,243.3 " "2,3" " 197,348 " SH DEFINED " 197,348 " 0 0
MSDW INDIA INVESTMENT FUND COM 61745C105 392.4 "2,3" " 53,026 " SH DEFINED " 53,026 " 0 0
NABORS INDUSTRIES INC COM 629568106 188.7 "1,3" " 9,000 " SH DEFINED " 9,000 " 0 0
NACCO INDS INC CL A CL A 629579103 93.4 3 " 1,675 " SH DEFINED " 1,675 " 0 0
NATIONWIDE FINANCIAL SERV-A CL A 638612101 929.5 "2,3" " 25,000 " SH DEFINED " 25,000 " 0 0
NEIMAN MARCUS GROUP -CL B CL B 640204301 " 2,341.6 " "2,3" " 98,800 " SH DEFINED " 98,800 " 0 0
NEWHALL LAND & FARMING CO-LP DEPOSITARY REC 651426108 " 2,537.3 " "2,3" " 89,500 " SH DEFINED " 89,500 " 0 0
NEWMONT MINING CORP COM 651639106 " 1,062.0 " "2,3" " 45,000 " SH DEFINED " 45,000 " 0 0
NEWS CORP LTD -SPONS ADR ADR NEW 652487703 " 3,374.0 " "2,3" " 140,000 " SH DEFINED " 140,000 " 0 0
NEWS CORP LTD -SPONS ADR PRF SP ADR PFD 652487802 " 10,353.3 " "1,2,3" " 486,300 " SH DEFINED " 486,300 " 0 0
NIAGARA MOHAWK HOLDINGS INC COM 653520106 " 3,338.0 " "2,3" " 196,700 " SH DEFINED " 196,700 " 0 0
NOKIA CORP -SPON ADR SPONSORED ADR 654902204 782.5 "1,3" " 50,000 " SH DEFINED " 50,000 " 0 0
NORFOLK SOUTHERN CORP. COM 655844108 " 10,478.0 " "2,3" " 650,000 " SH DEFINED " 650,000 " 0 0
NORTEL NETWORKS CORP COM 656568102 " 5,189.3 " "2,3" " 925,000 " SH DEFINED " 925,000 " 0 0
NORTH FORK BANCORPORATION COM 659424105 " 4,461.0 " "2,3" " 150,000 " SH DEFINED " 150,000 " 0 0
NORTHERN TRUST CORP COM 665859104 " 7,410.2 " "2,3" " 141,200 " SH DEFINED " 141,200 " 0 0
NOVELLUS SYSTEMS LYON ZERO 144A31 670008AA9 " 21,593.8 " "1,2,3" " 25,000,000 " PRN DEFINED
NOVELLUS SYSTEMS INC COM 670008101 913.9 "1,2,3" " 32,000 " SH DEFINED " 32,000 " 0 0
NRG ENERGY INC COM 629377102 891.6 "2,3" " 55,000 " SH DEFINED " 55,000 " 0 0
OCEAN ENERGY INC COM 67481E106 790.6 3 " 48,500 " SH DEFINED " 48,500 " 0 0
OFFICEMAX INC COM 67622M108 152.5 "2,3" " 50,000 " SH DEFINED " 50,000 " 0 0
OGE ENERGY CORP COM 670837103 " 1,734.3 " "2,3" " 79,300 " SH DEFINED " 79,300 " 0 0
OLD REPUBLIC INTL CORP COM 680223104 " 5,944.4 " "2,3" " 226,800 " SH DEFINED " 226,800 " 0 0
OMNICOM GROUP COM 681919106 181.7 "1,2,3" " 2,800 " SH DEFINED " 2,800 " 0 0
ON COMMAND CORPORATION COM 682160106 771.9 "1,2,3" " 352,480 " SH DEFINED " 352,480 " 0 0
ON COMMAND CORPORATION- CLASS B WTS WT B EX 100703 682160122 39.4 "1,2,3" " 123,130 " SH CALL DEFINED
ORACLE CORP COM 68389X105 " 1,509.6 " "2,3" " 120,000 " SH DEFINED " 120,000 " 0 0
OVERSEAS SHIPHOLDING GROUP COM 690368105 " 2,778.6 " "2,3" " 126,300 " SH DEFINED " 126,300 " 0 0
OWENS-ILL INC PFD CONV $ .01 690768502 274.7 "2,3" " 20,500 " SH DEFINED " 20,500 " 0 0
PACIFIC CENTURY FINL CORP COM 694058108 981.5 3 " 42,000 " SH DEFINED " 42,000 " 0 0
PALL CORP COM 696429307 " 2,723.0 " "2,3" " 140,000 " SH DEFINED " 140,000 " 0 0
PATHMARK STORES INC COM 70322A101 " 18,134.0 " "2,3" " 761,932 " SH DEFINED " 761,932 " 0 0
PAYLESS SHOESOURCE INC COM 704379106 " 1,268.6 " 3 " 23,150 " SH DEFINED " 23,150 " 0 0
PEABODY ENERGY CORP COM 704549104 " 1,928.0 " "1,3" " 80,000 " SH DEFINED " 80,000 " 0 0
PEPSI BOTTLING GROUP INC COM 713409100 " 4,607.0 " "2,3" " 100,000 " SH DEFINED " 100,000 " 0 0
PEPSICO INCORPORATED COM 713448108 " 3,977.0 " "1,3" " 82,000 " SH DEFINED " 82,000 " 0 0
PFIZER INC COM 717081103 " 5,333.3 " "1,3" " 133,000 " SH DEFINED " 133,000 " 0 0
PHILLIPS PETROLEUM COMPANY COM 718507106 " 2,831.9 " "2,3" " 52,500 " SH DEFINED " 52,500 " 0 0
PHOENIX COMPANIES INC COM 71902E109 " 3,106.8 " "2,3" " 215,000 " SH DEFINED " 215,000 " 0 0
PLACER DOME INC COM 725906101 " 2,544.3 " "2,3" " 198,930 " SH DEFINED " 198,930 " 0 0
POTASH CORP OF SASKATCHEWAN COM 73755L107 " 3,224.5 " "2,3" " 57,900 " SH DEFINED " 57,900 " 0 0
POTLATCH CORPORATION COM 737628107 " 1,889.3 " "2,3" " 70,000 " SH DEFINED " 70,000 " 0 0
POTOMAC ELECTRIC POWER COM 737679100 " 4,620.4 " "2,3" " 210,400 " SH DEFINED " 210,400 " 0 0
PRAXAIR INC COM 74005P104 " 3,570.0 " "2,3" " 85,000 " SH DEFINED " 85,000 " 0 0
PRECISION DRILLING CORP COM 74022D100 701.2 3 " 33,200 " SH DEFINED " 33,200 " 0 0
PRESIDENTIAL LIFE CORP COM 740884101 149.5 3 " 8,225 " SH DEFINED " 8,225 " 0 0
PRIME HOSPITALITY CORP COM 741917108 716.1 "2,3" " 81,375 " SH DEFINED " 81,375 " 0 0
PROVIDIAN FINANCIAL CORP COM 74406A102 542.5 3 " 26,925 " SH DEFINED " 26,925 " 0 0
PROVINCE HEALTHC SB NT CV 144A 05 743977AA8 755.6 "1,3" " 650,000 " PRN DEFINED
PROVINCE HEALTHC SB NT CV 4.5%05 743977AC4 " 1,417.7 " "1,3" " 1,200,000 " PRN DEFINED
PROVINCE HEALTHCARE CO COM 743977100 " 1,190.4 " "1,3" " 32,400 " SH DEFINED " 32,400 " 0 0
PUBLIC SERVICE CO OF N MEX COM 744499104 68.7 3 " 2,725 " SH DEFINED " 2,725 " 0 0
PULTE CORP COM 745867101 " 3,432.8 " "2,3" " 112,000 " SH DEFINED " 112,000 " 0 0
QUALCOMM INC COM 747525103 " 1,663.9 " "1,3" " 35,000 " SH DEFINED " 35,000 " 0 0
QUANTA SERVICES SUB NT CONV 4%07 74762EAA0 452.8 "1,3" " 690,000 " PRN DEFINED
QUANTA SERVICES INC COM 74762E102 125.2 "1,3" " 8,785 " SH DEFINED " 8,785 " 0 0
QUANTUM CORP-DLT & STORAGE COM DSSG 747906204 551.0 3 " 67,525 " SH DEFINED " 67,525 " 0 0
QWEST COMMUNICATIONS INTL COM 749121109 " 4,175.0 " "1,2,3" " 250,000 " SH DEFINED " 250,000 " 0 0
R.H. DONNELLEY CORP COM NEW 74955W307 109.7 3 " 4,200 " SH DEFINED " 4,200 " 0 0
RADIAN GROUP INC COM 750236101 964.4 3 " 25,050 " SH DEFINED " 25,050 " 0 0
RADIO UNICA COMMUNICATIONS COM 75040Q106 8.1 "2,3" " 5,000 " SH DEFINED " 5,000 " 0 0
RATIONAL SOFTWAR SUB BT CV 144A07 75409PAA1 " 1,471.0 " "1,3" " 2,015,000 " PRN DEFINED
RAYTHEON COMPANY COM NEW 755111507 " 6,950.0 " "2,3" " 200,000 " SH DEFINED " 200,000 " 0 0
REPUBLIC BANCORP COM 760282103 104.5 3 " 7,300 " SH DEFINED " 7,300 " 0 0
RUSSELL CORP COM 782352108 " 1,416.9 " "2,3" " 103,200 " SH DEFINED " 103,200 " 0 0
SANMINA CORP COM 800907107 " 1,050.3 " "1,3" " 77,345 " SH DEFINED " 77,345 " 0 0
SANMINA CORP SUB NTCV 4.25%04 800907AB3 " 2,330.6 " "1,3" " 2,450,000 " PRN DEFINED
SCANA CORP COM 80589M102 " 14,339.7 " "2,3" " 565,000 " SH DEFINED " 565,000 " 0 0
SCHLUMBERGER LIMITED COM 806857108 " 2,678.0 " "1,3" " 58,600 " SH DEFINED " 58,600 " 0 0
SCHULMAN (A.) INC COM 808194104 " 1,286.4 " "2,3" " 125,500 " SH DEFINED " 125,500 " 0 0
SCIENTIFIC ATLANTA INC COM 808655104 " 2,626.8 " "2,3" " 150,100 " SH DEFINED " 150,100 " 0 0
SCUDDER INTERMEDIATE GOVT TR SH BEN INT 811163104 " 1,071.1 " "2,3" " 149,800 " SH DEFINED " 149,800 " 0 0
SEMTECH CORP COM 816850101 " 1,291.3 " "1,3" " 45,500 " SH DEFINED " 45,500 " 0 0
SEMTECH CORP SUB NT CV 4.5%07 816850AD3 " 2,268.0 " "1,3" " 2,400,000 " PRN DEFINED
SERVICEMASTER COMPANY COM 81760N109 834.5 3 " 75,250 " SH DEFINED " 75,250 " 0 0
SHERWIN WILLIAMS CO COM 824348106 " 3,197.5 " "2,3" " 143,900 " SH DEFINED " 143,900 " 0 0
SHOPKO STORES INC COM 824911101 " 2,218.4 " "2,3" " 267,600 " SH DEFINED " 267,600 " 0 0
SIERRA PACIFIC RESOURCES COM 826428104 " 1,923.7 " "2,3" " 127,400 " SH DEFINED " 127,400 " 0 0
SIRIUS SATELLITE RADIO INC COM 82966U103 " 8,449.7 " "1,2,3" " 2,353,672 " SH DEFINED " 2,353,672 " 0 0
SLI INC COM 78442T108 26.4 3 " 10,175 " SH DEFINED " 10,175 " 0 0
SOUTHTRUST CORP COM 844730101 390.3 3 " 15,325 " SH DEFINED " 15,325 " 0 0
SOUTHWEST AIR CO COM 844741108 296.8 "1,3" " 20,000 " SH DEFINED " 20,000 " 0 0
SOVEREIGN BANCORP INC COM 845905108 " 2,470.0 " "2,3" " 260,000 " SH DEFINED " 260,000 " 0 0
SPANISH BROADCASTING SYS CLA CL A 846425882 " 1,735.6 " "1,2,3" " 244,800 " SH DEFINED " 244,800 " 0 0
SPRINT CORP(PCS) EQUITY UNIT 852061605 " 54,128.0 " "1,2,3" " 1,990,000 " SH DEFINED " 1,990,000 " 0 0
SPRINT CORP-FON GROUP COM FON GROUP 852061100 68.6 "3,4" " 2,856 " SH DEFINED " 2,856 " 0 0
SPRINT CORP-PCS GROUP PCS COM SER 1 852061506 " 46,008.2 " "1,2,3,4" " 1,750,028 " SH DEFINED " 1,750,028 " 0 0
STAR GAS PARTNER-SEN SUB UTS SR SUB UN LTD 85512C204 944.2 "2,3" " 42,434 " SH DEFINED " 42,434 " 0 0
STILWELL FINANCIAL INC COM 860831106 " 1,051.1 " "1,2,3" " 53,900 " SH DEFINED " 53,900 " 0 0
STILWELL FINL LYON ZERO 144A31 860831AA4 " 15,881.4 " "1,2,3" " 22,000,000 " PRN DEFINED
SUN MICROSYSTEMS INC COM 866810104 " 1,356.3 " "1,3" " 164,000 " SH DEFINED " 164,000 " 0 0
TEEKAY SHIPPING CORP COM Y8564W103 " 6,875.2 " "2,3" " 220,500 " SH DEFINED " 220,500 " 0 0
TEJON RANCH COM 879080109 225.0 "2,3" " 10,000 " SH DEFINED " 10,000 " 0 0
TELLABS INC COM 879664100 527.3 3 " 53,375 " SH DEFINED " 53,375 " 0 0
TEXTRON INC COM 883203101 " 5,209.6 " "2,3" " 155,000 " SH DEFINED " 155,000 " 0 0
THE GAP INC. COM 364760108 " 1,756.1 " "2,3" " 146,950 " SH DEFINED " 146,950 " 0 0
"THOUSAND TRAILS, INC" COM 885502104 918.0 "2,3" " 159,660 " SH DEFINED " 159,660 " 0 0
TJX COS. INC. NEW COM 872540109 " 2,750.4 " "1,2,3" " 83,600 " SH DEFINED " 83,600 " 0 0
TORCH OFFSHORE INC COM 891019101 740.0 "2,3" " 125,000 " SH DEFINED " 125,000 " 0 0
TRANSOCEON SEDCO FOREX INC ORD G90078109 " 1,468.0 " "1,3" " 55,606 " SH DEFINED " 55,606 " 0 0
TRENWICK GROUP LTD COM G9032C109 " 30,104.1 " "2,3" " 3,707,400 " SH DEFINED " 3,707,400 " 0 0
TRIBUNE CO NEW COM 896047107 " 4,396.0 " "1,2,3" " 140,000 " SH DEFINED " 140,000 " 0 0
TRINITY INDUSTRIES COM 896522109 118.5 3 " 5,475 " SH DEFINED " 5,475 " 0 0
TRIZEC HAHN CORPORATION SUB VTG 896938107 " 5,840.6 " "2,3" " 324,300 " SH DEFINED " 324,300 " 0 0
TVX GOLD INC COM NEW 87308K200 240.1 "2,3" " 490,080 " SH DEFINED " 490,080 " 0 0
TYCO INTERNATIONAL LTD COM 902124106 " 4,777.5 " "1,3" " 105,000 " SH DEFINED " 105,000 " 0 0
TYCO INTL LTD LYON ZERO 20 902124AC0 " 43,275.0 " "2,3" " 57,700,000 " PRN DEFINED
UAL CORP COM PAR $0.01 902549500 328.7 "2,3" " 18,000 " SH DEFINED " 18,000 " 0 0
UCAR INTERNATIONAL INC COM 90262K109 46.9 3 " 5,275 " SH DEFINED " 5,275 " 0 0
UGLY DUCKLING CORP COM 903512101 66.5 "2,3" " 24,000 " SH DEFINED " 24,000 " 0 0
UNIFI INC COM 904677101 " 1,936.0 " "2,3" " 236,100 " SH DEFINED " 236,100 " 0 0
UNION PACIFIC COM 907818108 " 1,150.2 " 3 " 24,525 " SH DEFINED " 24,525 " 0 0
UNISYS CORP COM 909214108 433.0 "2,3" " 50,000 " SH DEFINED " 50,000 " 0 0
UNITED PARCEL SERVICE -CL B CL B 911312106 311.9 "1,3" " 6,000 " SH DEFINED " 6,000 " 0 0
UNIVERSAL CORP-VA COM 913456109 83.4 3 " 2,500 " SH DEFINED " 2,500 " 0 0
UNOCAL CORP COM 915289102 " 1,183.0 " "2,3" " 36,400 " SH DEFINED " 36,400 " 0 0
US BANCORP COM NEW 902973304 " 2,994.3 " "2,3" " 135,000 " SH DEFINED " 135,000 " 0 0
USFREIGHTWAYS CORPORATION COM 916906100 173.9 3 " 5,550 " SH DEFINED " 5,550 " 0 0
USX - MARATHON GROUP INC COM NEW 902905827 " 5,872.3 " "2,3" " 219,525 " SH DEFINED " 219,525 " 0 0
USX - U S STEEL GROUP COM 90337T101 " 3,215.4 " "2,3" " 230,000 " SH DEFINED " 230,000 " 0 0
VALERO ENERGY CORP COM 91913Y100 " 9,828.0 " "2,3" " 280,000 " SH DEFINED " 280,000 " 0 0
VENTAS INC COM 92276F100 116.6 3 " 10,750 " SH DEFINED " 10,750 " 0 0
VERIZON COMMUNICATIONS INC. COM 92343V104 " 2,435.0 " "1,3" " 45,000 " SH DEFINED " 45,000 " 0 0
VISTEON CORP -W/I COM 92839U107 " 2,550.0 " "2,3" " 200,000 " SH DEFINED " 200,000 " 0 0
VODAFONE AIRTOUCH PLC-SP ADR SPONSORED ADR 92857W100 " 3,843.0 " "2,3" " 175,000 " SH DEFINED " 175,000 " 0 0
W.P. STEWART & CO LTD COM G84922106 " 1,939.0 " "2,3" " 100,000 " SH DEFINED " 100,000 " 0 0
WACHOVIA CORP COM 929903102 " 1,550.0 " "2,3" " 50,000 " SH DEFINED " 50,000 " 0 0
WACKENHUT CORP-CL B COM SER B 929794303 693.8 "2,3" " 37,500 " SH DEFINED " 37,500 " 0 0
WAL MART STORES INC COM 931142103 " 3,192.8 " "1,3" " 64,500 " SH DEFINED " 64,500 " 0 0
WATSON PHARMACEUTICALS INC COM 942683103 " 2,571.4 " "1,3" " 47,000 " SH DEFINED " 47,000 " 0 0
WELLS FARGO & COMPANY COM 949746101 " 4,445.0 " "1,3" " 100,000 " SH DEFINED " 100,000 " 0 0
WESTERN RESOURCES INC COM 959425109 627.2 "2,3" " 37,900 " SH DEFINED " 37,900 " 0 0
WEYERHAEUSER COMPANY COM 962166104 974.2 "2,3" " 20,000 " SH DEFINED " 20,000 " 0 0
WHIRLPOOL CORPORATION COM 963320106 577.0 3 " 10,425 " SH DEFINED " 10,425 " 0 0
WILLIAMS COS INC COM 969457100 63.1 "3,4" " 2,312 " SH DEFINED " 2,312 " 0 0
WISCONSIN ENERGY CORP COM 976657106 " 1,959.8 " "2,3" " 87,100 " SH DEFINED " 87,100 " 0 0
WORLDCOM INC-MCI GROUP MCI GROUP COM 98157D304 304.6 "1,3" " 20,000 " SH DEFINED " 20,000 " 0 0
WORLDCOM INC-WORLDCOM GROUP WRLDCOM GP COM 98157D106 " 1,955.2 " "2,3" " 130,000 " SH DEFINED " 130,000 " 0 0
XL CAPITAL LTD-CLASS A CL A G98255105 " 3,786.1 " "1,2,3" " 47,925 " SH DEFINED " 47,925 " 0 0
YOUNG BROADCASTING INC-A CL A 987434107 " 1,296.3 " "2,3" " 89,400 " SH DEFINED " 89,400 " 0 0
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 4
Form 13F Information Table Entry Total: 362
"Form 13F Information Table Value Total: 1,593,388.7(in thousands) "
List of Other Included Managers:
No. 13F File Number Name
1 28-386 Continental Assurance Company
2 28-387 Continental Casualty Company
3 28-346 CNA Financial Corporation
4 28-172 The Continental Corporation