| ***** NEW POSITIONS TAKEN | |||||||
| Change | COMPANY | Cur. Pos. | Prev. Pos. | Approx PPS | Prev PPS | Value | Prev Value |
| ABS-HOLDINGS INC RSTD | 15000 | $0.00 | $0 | ||||
| ADOBE SYSTEMS INC | 7066 | $41.18 | $291,000 | ||||
| AEROFLEX INC | 1468100 | $11.72 | $17,206,000 | ||||
| AETNA INC | 3907518 | $43.18 | $168,727,000 | ||||
| AGILENT TECHNOLOGIES INC | 6341 | $34.85 | $221,000 | ||||
| AMERICA MOVIL-ADR SERIES L | 9131 | $45.23 | $413,000 | ||||
| AUTODESK INC | 5140 | $40.47 | $208,000 | ||||
| BAXTER INTERNATIONAL INC | 6346 | $46.33 | $294,000 | ||||
| BIOMET INC | 4950 | $41.21 | $204,000 | ||||
| CAPITOL BANCORP LTD | 5473 | $46.23 | $253,000 | ||||
| CHAMPION TECHNOLOGY HLDGS | 13369 | $0.15 | $2,000 | ||||
| CITIZENS COMMUNICATIONS CO | 11619 | $14.37 | $167,000 | ||||
| DOLLAR GENERAL CORP | 13521 | $16.05 | $217,000 | ||||
| DOR BIOPHARMA INC | 15000 | $0.27 | $4,000 | ||||
| EBAY INC | 12187 | $30.03 | $366,000 | ||||
| EDEN ENERGY CORP | 30000 | $1.50 | $45,000 | ||||
| ELECTRIC AQUAGENICS UNLIMITE | 39557 | $0.91 | $36,000 | ||||
| EON COMMUNICATIONS CORP | 20000 | $1.45 | $29,000 | ||||
| FALCON NATURAL GAS CORP | 15500 | $0.13 | $2,000 | ||||
| FIRST COMMUNITY BANCORP /CA | 4119 | $52.20 | $215,000 | ||||
| FPL GROUP INC | 6569 | $54.35 | $357,000 | ||||
| GILMAN & CIOCIA INC | 10000 | $0.10 | $1,000 | ||||
| GRAND UNION CO | 20000 | $0.00 | $0 | ||||
| GRANITE CITY FOOD & BREWERY | 10000 | $5.10 | $51,000 | ||||
| HEALTH FITNESS CORP | 12000 | $2.67 | $32,000 | ||||
| HEI INC | 10000 | $1.50 | $15,000 | ||||
| ISHARES DJ US OIL & GAS EXPL | 25000 | $47.76 | $1,194,000 | ||||
| KAYNE ANDERSON MLP INVESTMEN | 6370 | $32.97 | $210,000 | ||||
| MERCANTILE BANKSHARES | 8682 | $46.76 | $406,000 | ||||
| MICRO COMPONENT TECHNOLOGY | 275600 | $0.20 | $55,000 | ||||
| NASDAQ-100 INDEX TRCKNG STCK | 5537 | $43.16 | $239,000 | ||||
| NETWORK APPLIANCE INC | 9460 | $39.32 | $372,000 | ||||
| NI BANCSHARES CORP | 6250 | $58.08 | $363,000 | ||||
| OMNIVISION TECHNOLOGIES | 1333075 | $13.65 | $18,196,000 | ||||
| REYNOLDS AMERICAN INC | 5300 | $65.47 | $347,000 | ||||
| ROYAL DUTCH SHELL PLC-ADR B | 3209 | $71.05 | $228,000 | ||||
| SALLY BEAUTY CO INC-W/I | 26512 | $7.81 | $207,000 | ||||
| SEI INVESTMENTS COMPANY | 4104 | $59.45 | $244,000 | ||||
| SPECTRE GAMING INC | 10000 | $0.70 | $7,000 | ||||
| SYSCO CORP | 11516 | $36.73 | $423,000 | ||||
| TARGET CORP | 6427 | $57.10 | $367,000 | ||||
| TECHNITROL INC | 669450 | $23.89 | $15,993,000 | ||||
| TERADYNE INC | 19000 | $14.95 | $284,000 | ||||
| TITAN OIL AND GAS INC | 30000 | $0.00 | $0 | ||||
| TVIA INC | 25000 | $1.12 | $28,000 | ||||
| TXU CORP | 5711 | $54.28 | $310,000 | ||||
| UNITED DOMINION REALTY TRUST | 7826 | $31.82 | $249,000 | ||||
| VANGUARD PACIFIC ETF | 14320 | $66.48 | $952,000 | ||||
| WTS MEDICAL CV INC | 20000 | $0.00 | $0 | ||||
| WTS SPECTRE GAMNG INC | 10000 | $0.00 | $0 | ||||
| YARA INTERNATIONAL ASA-ADR | 9800 | $22.76 | $223,000 | ||||
| ZIMMER HOLDINGS INC | 2721 | $78.28 | $213,000 | ||||
| ***** SOLD OFF | |||||||
| Change | COMPANY | Cur. Pos. | Prev. Pos. | Approx PPS | Prev PPS | Value | Prev Value |
| ACORN FACTOR INC | 15700 | $3.31 | $52,000 | ||||
| AETNA INC (NEW) | 4509307 | $39.55 | $178,343,000 | ||||
| ALCOA INC | 7478 | $28.08 | $210,000 | ||||
| ALERIS INTERNATIONAL INC | 368800 | $50.54 | $18,639,000 | ||||
| APACHE CORP | 4209 | $63.20 | $266,000 | ||||
| BT GROUP PLC-SPON ADR | 4720 | $50.64 | $239,000 | ||||
| COMCAST CORP CL A (NEW) | 6543 | $36.83 | $241,000 | ||||
| COMMUNITY BANCORP | 27100 | $30.52 | $827,000 | ||||
| COMMUNITY BANCORP INC | 5605 | $40.86 | $229,000 | ||||
| CONNETICS CORP | 21682 | $10.88 | $236,000 | ||||
| DATATEC SYSTEMS INC | 21000 | $0.00 | $0 | ||||
| DELSECUR CORPORATION | 20000 | $0.05 | $1,000 | ||||
| DIGITAL FUSION INC | 10000 | $1.50 | $15,000 | ||||
| ELDORADO EXPLORATION INC | 72000 | $0.14 | $10,000 | ||||
| ELDORADO GOLD CORP | 10500 | $4.38 | $46,000 | ||||
| HEALTHSOUTH CORP | 15856 | $4.98 | $79,000 | ||||
| HSBC HOLDINGS PLC-SPONS ADR | 2733 | $91.47 | $250,000 | ||||
| JLG INDS INC | 1713975 | $19.81 | $33,954,000 | ||||
| LUCENT TECHNOLOGIES | 10830 | $2.31 | $25,000 | ||||
| MANULIFE FINANCIAL CORP | 6626 | $32.30 | $214,000 | ||||
| NCT GROUP INC | 105000 | $0.00 | $0 | ||||
| NEW YORK COMMUNITY BANCORP | 10598 | $16.42 | $174,000 | ||||
| OPPENHEIMER SR FLOAT RATE-C | 15291 | $9.55 | $146,000 | ||||
| PETROJARL ASA -SPON ADR | 109375 | $10.75 | $1,176,000 | ||||
| PPG INDUSTRIES INC | 3288 | $67.21 | $221,000 | ||||
| PROVIDENT FINANCIAL SERVICES | 12500 | $18.48 | $231,000 | ||||
| SUN MICROSYSTEMS INC | 13130 | $4.95 | $65,000 | ||||
| UNIGENE LABORATORIES INC | 83000 | $2.51 | $208,000 | ||||
| WESTERN ALLIANCE BANCORP | 32800 | $32.90 | $1,079,000 | ||||
| ***** HOLD POSITIONS | |||||||
| Change | COMPANY | Cur. Pos. | Prev. Pos. | Approx PPS | Prev PPS | Value | Prev Value |
| ACCENT COLOR SCIENCES INC | 10000 | 10000 | $0.00 | $0.00 | $0 | $0 | |
| ADVANCED MARKETING SERVICES | 13000 | 13000 | $0.54 | $2.69 | $7,000 | $35,000 | |
| ADVANCED SEMICONDUCTOR E-ADR | 14000 | 14000 | $5.64 | $4.64 | $79,000 | $65,000 | |
| AFRICAN PLATINUM PLC | 30000 | 30000 | $0.67 | $0.43 | $20,000 | $13,000 | |
| ALADDIN INVESTMENT HOLDINGS LL | 46033 | 46033 | $0.00 | $0.00 | $0 | $0 | |
| ALTERGY SYSTEMS SERIES B | 125000 | 125000 | $0.00 | $0.00 | $0 | $0 | |
| AMEREN CORPORATION | 3998 | 3998 | $53.78 | $52.78 | $215,000 | $211,000 | |
| AMERICAN ENERGY PRODUCTION | 20000 | 20000 | $0.05 | $0.05 | $1,000 | $1,000 | |
| ANTARES ENERGY LTD | 20000 | 20000 | $0.50 | $0.30 | $10,000 | $6,000 | |
| ATOPIX PHARMACEUTICALS | 50000 | 50000 | $0.00 | $0.00 | $0 | $0 | |
| AVIGEN INC | 109488 | 109488 | $5.28 | $5.17 | $578,000 | $566,000 | |
| BANK EAST ASIA LTD-SPONS ADR | 17496 | 17496 | $5.66 | $4.57 | $99,000 | $80,000 | |
| BANK PEKAO SA-REG S GDR | 7650 | 7650 | $76.99 | $62.35 | $589,000 | $477,000 | |
| BE INC-DUE BILLS | 11800 | 11800 | $0.00 | $0.00 | $0 | $0 | |
| BELLAVISTA CAPITAL PRIVATE PLA | 14502 | 14502 | $0.00 | $0.00 | $0 | $0 | |
| BIFS TECHNOLOGIES CORP | 10000 | 10000 | $0.00 | $0.00 | $0 | $0 | |
| CAPITAL SOUTHWEST CORP | 2847 | 2847 | $126.10 | $119.07 | $359,000 | $339,000 | |
| CHOICE ONE COMMUNICATIONS IN | 12500 | 12500 | $0.00 | $0.00 | $0 | $0 | |
| COMMUNICATION INTELLIGENCE | 12000 | 12000 | $0.17 | $0.25 | $2,000 | $3,000 | |
| CONCURRENT COMPUTER CORP | 17200 | 17200 | $1.80 | $1.74 | $31,000 | $30,000 | |
| CONSTELLATION ENERGY CORP | 13502 | 13502 | $68.88 | $59.18 | $930,000 | $799,000 | |
| CORP PROPERTY ASSOCS 15 INC | 13723 | 13723 | $9.98 | $10.49 | $137,000 | $144,000 | |
| DMI BIOSCIENCES INC | 15000 | 15000 | $0.00 | $0.00 | $0 | $0 | |
| DOVER CORP | 4300 | 4300 | $49.07 | $47.44 | $211,000 | $204,000 | |
| DYNABAZAAR INC | 47000 | 47000 | $0.30 | $0.32 | $14,000 | $15,000 | |
| ELECTROLUX AB -SPONS ADR B | 10000 | 10000 | $40.00 | $32.50 | $400,000 | $325,000 | |
| ELITE TECHNOLOGIES INC | 10815 | 10815 | $0.00 | $0.00 | $0 | $0 | |
| ELOQUENT INC | 29458 | 29458 | $0.00 | $0.00 | $0 | $0 | |
| EMBREX INC | 17000 | 17000 | $16.88 | $11.82 | $287,000 | $201,000 | |
| ENDEVCO INC | 12000 | 12000 | $0.00 | $0.00 | $0 | $0 | |
| ENERGY CONVERSION DEVICES | 10100 | 10100 | $33.96 | $37.03 | $343,000 | $374,000 | |
| ESCROW C S F HOLDINGS INCXXX | 13818 | 13818 | $0.00 | $0.00 | $0 | $0 | |
| FEDERAL-MOGUL CORP | 13000 | 13000 | $0.62 | $0.38 | $8,000 | $5,000 | |
| FINANTRA CAPITAL CORP | 10000 | 10000 | $0.00 | $0.00 | $0 | $0 | |
| FIRST AMER SCIENTIFIC CORP | 260000 | 260000 | $0.03 | $0.05 | $8,000 | $14,000 | |
| GATEWAY INC (NEW) | 105400 | 105400 | $2.01 | $1.89 | $212,000 | $199,000 | |
| GEELY AUTOMOBILE HOLDINGS LT | 40000 | 40000 | $0.10 | $0.13 | $4,000 | $5,000 | |
| GEO PETROLEUM INC | 12900 | 12900 | $0.00 | $0.00 | $0 | $0 | |
| GETGO INC | 322500 | 322500 | $0.00 | $0.00 | $0 | $0 | |
| GLOBAL CROSSING LTD | 34885 | 34885 | $0.00 | $0.00 | $0 | $0 | |
| GLOBAL PLATINUM & GOLD INC | 23100 | 23100 | $0.13 | $0.09 | $3,000 | $2,000 | |
| GREENHILL & CO INC | 3500 | 3500 | $73.71 | $67.14 | $258,000 | $235,000 | |
| HANCOCK HOLDING CO. | 4752 | 4752 | $52.82 | $53.45 | $251,000 | $254,000 | |
| HARD TO TREAT DISEASES INC | 100000 | 100000 | $0.00 | $0.00 | $0 | $0 | |
| HEALTHTRAC INC | 40100 | 40100 | $0.00 | $0.00 | $0 | $0 | |
| HUDSON CITY BANCORP INC | 12000 | 12000 | $13.92 | $13.25 | $167,000 | $159,000 | |
| HUSQVARNA AB-ADR | 10000 | 10000 | $31.30 | $23.50 | $313,000 | $235,000 | |
| I-FLOW CORP NEW | 50000 | 50000 | $14.96 | $12.02 | $748,000 | $601,000 | |
| INFONOW CORP NEW | 42941 | 42941 | $0.16 | $0.26 | $7,000 | $11,000 | |
| INMEDICA DEVELOPMENT CORP | 17500 | 17500 | $0.23 | $0.17 | $4,000 | $3,000 | |
| INVITROGEN CORP | 4000 | 4000 | $56.50 | $63.50 | $226,000 | $254,000 | |
| KEY ENERGY SERVICES INC | 116300 | 116300 | $15.65 | $13.60 | $1,820,000 | $1,582,000 | |
| KONINKLIJKE PHILIPS ELECTRS NV | 12949 | 12949 | $37.61 | $34.98 | $487,000 | $453,000 | |
| LAWSTAR INC | 56500 | 56500 | $0.00 | $0.00 | $0 | $0 | |
| MAST OPTICAL SYSTEMS INC | 100000 | 100000 | $0.00 | $0.00 | $0 | $0 | |
| MEDICIS PHARMACEUTICAL-CL A | 11073 | 11073 | $35.13 | $32.33 | $389,000 | $358,000 | |
| MEDIZONE INTERNATIONAL INC | 90000 | 90000 | $0.01 | $0.00 | $1,000 | $0 | |
| MOUNTAIN-WEST RESOURCES INC | 739000 | 739000 | $0.17 | $0.11 | $127,000 | $79,000 | |
| MTR CORP LTD-ADR | 48750 | 48750 | $25.15 | $25.11 | $1,226,000 | $1,224,000 | |
| NEUROBIOLOGICAL TECHNOLOGIES | 10000 | 10000 | $2.10 | $2.40 | $21,000 | $24,000 | |
| NEXMED INC | 10700 | 10700 | $0.65 | $0.65 | $7,000 | $7,000 | |
| OCEANA GOLD LTD | 20000 | 20000 | $0.60 | $0.50 | $12,000 | $10,000 | |
| PARACELSIAN INC | 165850 | 165850 | $0.00 | $0.00 | $0 | $0 | |
| PARAGON NATIONAL BANK | 11400 | 11400 | $12.54 | $12.54 | $143,000 | $143,000 | |
| PAULS PLACE INC | 39000 | 39000 | $0.00 | $0.00 | $0 | $0 | |
| PDS GAMING CORPORATION | 29500 | 29500 | $0.00 | $0.00 | $0 | $0 | |
| PENN OCTANE CORP | 24705 | 24705 | $0.45 | $0.65 | $11,000 | $16,000 | |
| PEOPLES ENERGY CORP | 5600 | 5600 | $44.64 | $40.71 | $250,000 | $228,000 | |
| PHYSICIAN RESOURCE GRP INC | 32685 | 32685 | $0.00 | $0.00 | $0 | $0 | |
| POLYONE CORP | 12000 | 12000 | $7.50 | $8.33 | $90,000 | $100,000 | |
| POWERNOVA TECHNOLOGIES CORP | 11800 | 11800 | $0.00 | $0.00 | $0 | $0 | |
| PROGRESS ENERGY INC | 11525 | 11525 | $49.11 | $45.38 | $566,000 | $523,000 | |
| PROVIDENTIAL HOLDINGS INC | 155000 | 155000 | $0.03 | $0.02 | $4,000 | $3,000 | |
| QUADRATECH INC | 180000 | 180000 | $0.00 | $0.00 | $0 | $0 | |
| QUEENSTAKE RESOURCES LTD | 10700 | 10700 | $0.19 | $0.28 | $2,000 | $3,000 | |
| QUESTEC INC | 211000 | 211000 | $0.00 | $0.00 | $0 | $0 | |
| RENAISSANCE CAP PARTNERS 2 LTD | 19000 | 19000 | $0.00 | $0.00 | $0 | $0 | |
| RESTRICTED CARDINAL CAP NET | 25000 | 25000 | $0.00 | $0.00 | $0 | $0 | |
| RESTRICTED ENERGYTEC.COM | 112427 | 112427 | $0.00 | $0.00 | $0 | $0 | |
| RESTRICTED WOLFGANG PUCK | 41499 | 41499 | $0.00 | $0.00 | $0 | $0 | |
| SAMARITAN PHARMACEUTICALS | 197500 | 197500 | $0.21 | $0.31 | $41,000 | $61,000 | |
| SCOLR PHARMA INC | 80952 | 80952 | $4.69 | $6.00 | $380,000 | $486,000 | |
| SERAC HOLDINGS INC | 160000 | 160000 | $0.00 | $0.00 | $0 | $0 | |
| SILICONWARE PRECISION -ADR | 10298 | 10298 | $7.87 | $5.92 | $81,000 | $61,000 | |
| SOVEREIGN BANCSHARES INC | 10000 | 10000 | $10.00 | $10.00 | $100,000 | $100,000 | |
| STATE STREET CORP | 4784 | 4784 | $67.52 | $62.50 | $323,000 | $299,000 | |
| STONE MEDIA CORP | 17000 | 17000 | $0.00 | $0.00 | $0 | $0 | |
| TEXAS PACIFIC LAND TRUST | 1500 | 1500 | $217.33 | $161.33 | $326,000 | $242,000 | |
| TREND VISION TECHNOLOGIES | 40000 | 40000 | $0.00 | $0.00 | $0 | $0 | |
| UMPQUA HOLDINGS CORP | 7000 | 7000 | $29.43 | $28.57 | $206,000 | $200,000 | |
| VELOCITYHSI INC | 19000 | 19000 | $0.00 | $0.00 | $0 | $0 | |
| WAVE SYSTEMS CORP-CLASS A | 13778 | 13778 | $2.54 | $1.67 | $35,000 | $23,000 | |
| WEB CAPITAL VENTURES NEV | 10000 | 10000 | $0.00 | $0.00 | $0 | $0 | |
| ZANETT INC | 16667 | 16667 | $1.38 | $1.44 | $23,000 | $24,000 | |
| ZEVEX INTL INC NEW | 30000 | 30000 | $9.87 | $9.00 | $296,000 | $270,000 | |
| ***** AUGMENTED POSITIONS | |||||||
| Change | COMPANY | Cur. Pos. | Prev. Pos. | Approx PPS | Prev PPS | Value | Prev Value |
| 175 | 3M CO | 11963 | 11788 | $77.91 | $74.40 | $932,000 | $877,000 |
| 715216 | ABB LTD-SPON ADR | 16122450 | 15407234 | $17.98 | $13.18 | $289,882,000 | $203,067,000 |
| 2823 | ABBOTT LABORATORIES | 33970 | 31147 | $48.72 | $48.58 | $1,655,000 | $1,513,000 |
| 17450 | ABM INDUSTRIES INC | 1043575 | 1026125 | $22.71 | $18.76 | $23,700,000 | $19,250,000 |
| 8800 | ACUITY BRANDS INC | 31750 | 22950 | $52.03 | $45.40 | $1,652,000 | $1,042,000 |
| 33625 | ACXIOM CORP | 1248450 | 1214825 | $25.65 | $24.66 | $32,023,000 | $29,958,000 |
| 474 | AFLAC INC | 4974 | 4500 | $46.04 | $45.78 | $229,000 | $206,000 |
| 5825 | ALASKA AIR GROUP INC | 284525 | 278700 | $39.50 | $38.04 | $11,239,000 | $10,602,000 |
| 6637 | ALBERTO-CULVER CO | 26512 | 19875 | $21.46 | $50.57 | $569,000 | $1,005,000 |
| 6875 | ALEXANDRIA REAL ESTATE EQUIT | 102925 | 96050 | $100.40 | $93.79 | $10,334,000 | $9,009,000 |
| 15550 | ALLEGHENY TECHNOLOGIES INC | 129200 | 113650 | $90.68 | $62.19 | $11,716,000 | $7,068,000 |
| 4500 | ALLIANT ENERGY CORP | 17750 | 13250 | $37.75 | $35.70 | $670,000 | $473,000 |
| 110 | ALLSTATE CORP | 15244 | 15134 | $65.14 | $62.71 | $993,000 | $949,000 |
| 83896 | ALLTEL CORP | 3124256 | 3040360 | $60.48 | $55.50 | $188,955,000 | $168,740,000 |
| 2425 | ALTRIA GROUP INC | 16218 | 13793 | $85.83 | $76.56 | $1,392,000 | $1,056,000 |
| 11000 | AMB PROPERTY CORP | 178325 | 167325 | $58.61 | $55.11 | $10,452,000 | $9,221,000 |
| 562 | AMERICAN INTERNATIONAL GROUP | 21215 | 20653 | $71.65 | $66.24 | $1,520,000 | $1,368,000 |
| 164668 | AMERIPRISE FINANCIAL INC | 3560894 | 3396226 | $54.50 | $46.90 | $194,069,000 | $159,283,000 |
| 428 | AMGEN INC | 24050 | 23622 | $68.32 | $71.54 | $1,643,000 | $1,690,000 |
| 11657 | AMVESCAP PLC-SPONSORED ADR | 782590 | 770933 | $24.65 | $21.92 | $19,291,000 | $16,899,000 |
| 93470 | ANADARKO PETROLEUM CORP | 8706250 | 8612780 | $43.52 | $43.83 | $378,896,000 | $377,498,000 |
| 283184 | ANGLO AMERICAN PLC-UNSP ADR | 11287470 | 11004286 | $24.41 | $21.10 | $275,527,000 | $232,190,000 |
| 2925 | ANGLOGOLD ASHANTI-SPON ADR | 69750 | 66825 | $47.10 | $37.74 | $3,285,000 | $2,522,000 |
| 7425 | ANIXTER INTERNATIONAL INC | 557775 | 550350 | $54.30 | $56.47 | $30,287,000 | $31,078,000 |
| 503 | APPLE COMPUTER INC | 7857 | 7354 | $84.89 | $76.96 | $667,000 | $566,000 |
| 929 | APPLIED MATERIALS INC | 19826 | 18897 | $18.46 | $17.73 | $366,000 | $335,000 |
| 8775 | ARMOR HOLDINGS INC | 575200 | 566425 | $54.85 | $57.33 | $31,550,000 | $32,473,000 |
| 115710 | ASTRAZENECA PLC-SPONS ADR | 5046446 | 4930736 | $53.55 | $62.50 | $270,237,000 | $308,171,000 |
| 5800 | AT&T INC | 41125 | 35325 | $35.74 | $32.55 | $1,470,000 | $1,150,000 |
| 23425 | AVISTA CORP | 1140900 | 1117475 | $25.31 | $23.68 | $28,876,000 | $26,462,000 |
| 22434 | AVNET INC | 65684 | 43250 | $25.53 | $19.63 | $1,677,000 | $849,000 |
| 263035 | AXA -SPONS ADR | 9259362 | 8996327 | $40.33 | $36.91 | $373,430,000 | $332,054,000 |
| 169462 | BAKER HUGHES INC | 6536846 | 6367384 | $74.66 | $68.20 | $488,041,000 | $434,256,000 |
| 970 | BANCO BRADESCO-SPONSORED ADR | 83045 | 82075 | $40.35 | $33.35 | $3,351,000 | $2,737,000 |
| 633952 | BANCO SANTANDER CEN-SPON ADR | 25745357 | 25111405 | $18.66 | $15.79 | $480,408,000 | $396,509,000 |
| 18033 | BANK OF AMERICA CORP | 73513 | 55480 | $53.39 | $53.57 | $3,925,000 | $2,972,000 |
| 31325 | BANKATLANTIC BANCORP INC-A | 1606575 | 1575250 | $13.81 | $14.22 | $22,187,000 | $22,400,000 |
| 94205 | BASF AG -SPON ADR | 4182986 | 4088781 | $97.21 | $80.10 | $406,628,000 | $327,511,000 |
| 1089 | BB&T CORP | 10689 | 9600 | $43.97 | $43.75 | $470,000 | $420,000 |
| 989 | BELLSOUTH CORP | 26450 | 25461 | $47.11 | $42.73 | $1,246,000 | $1,088,000 |
| 117923 | BHP BILLITON LTD- SPON ADR | 6194775 | 6076852 | $39.75 | $37.88 | $246,242,000 | $230,191,000 |
| 4725 | BIO RAD LABS INC | 452125 | 447400 | $82.52 | $70.73 | $37,309,000 | $31,645,000 |
| 17625 | BJ'S WHOLESALE CLUB INC | 865825 | 848200 | $31.11 | $29.18 | $26,936,000 | $24,750,000 |
| 3374 | BLACK & DECKER MFG CO | 12299 | 8925 | $80.01 | $79.33 | $984,000 | $708,000 |
| 12725 | BLACK BOX CORP | 551250 | 538525 | $41.99 | $38.92 | $23,147,000 | $20,959,000 |
| 1818 | BOEING COMPANY | 11861 | 10043 | $88.86 | $78.86 | $1,054,000 | $792,000 |
| 19045 | BRINKER INTERNATIONAL INC | 33945 | 14900 | $30.17 | $40.07 | $1,024,000 | $597,000 |
| 49550 | BROCADE COMMUNICATIONS SYS | 2892800 | 2843250 | $8.21 | $7.06 | $23,750,000 | $20,073,000 |
| 2295 | BURLINGTON NORTHERN SANTA FE | 243542 | 241247 | $73.81 | $73.44 | $17,976,000 | $17,717,000 |
| 126378 | CADBURY SCHWEPPES-SPONS ADR | 4479847 | 4353469 | $42.93 | $42.77 | $192,320,000 | $186,198,000 |
| 8274 | CALIFORNIA PIZZA KITCHEN INC | 446449 | 438175 | $33.31 | $29.93 | $14,871,000 | $13,115,000 |
| 3950 | CALIFORNIA WTR SVC GRP CA | 391875 | 387925 | $40.40 | $36.93 | $15,832,000 | $14,326,000 |
| 23975 | CALLAWAY GOLF CO | 1196300 | 1172325 | $14.41 | $13.11 | $17,239,000 | $15,369,000 |
| 8850 | CAMDEN PROPERTY TRUST | 139400 | 130550 | $73.85 | $76.01 | $10,295,000 | $9,923,000 |
| 130807 | CANADIAN NATL RAILWAY CO | 5620131 | 5489324 | $43.03 | $41.94 | $241,834,000 | $230,222,000 |
| 46330 | CATERPILLAR INC | 6817830 | 6771500 | $61.33 | $65.80 | $418,138,000 | $445,565,000 |
| 16925 | CEDAR SHOPPING CENTERS INC | 912800 | 895875 | $15.91 | $16.17 | $14,523,000 | $14,486,000 |
| 9361 | CEMEX SAB DE CV | 171830 | 162469 | $33.88 | $30.08 | $5,822,000 | $4,887,000 |
| 7034 | CHEVRON CORP | 46031 | 38997 | $73.54 | $64.85 | $3,385,000 | $2,529,000 |
| 282617 | CHINA MOBILE HK LTD-SP ADR | 10076001 | 9793384 | $43.22 | $35.35 | $435,485,000 | $346,196,000 |
| 12050 | CHITTENDEN CORP | 671877 | 659827 | $30.69 | $28.69 | $20,620,000 | $18,930,000 |
| 10150 | CIA VALE DO RIO DOCE-SP ADR | 540500 | 530350 | $26.25 | $18.51 | $14,188,000 | $9,817,000 |
| 9650 | CIMAREX ENERGY CO | 702600 | 692950 | $36.50 | $35.19 | $25,645,000 | $24,385,000 |
| 5388 | CITIGROUP INC | 64110 | 58722 | $55.70 | $49.67 | $3,571,000 | $2,917,000 |
| 3700 | CITY NATL CORP | 11855 | 8155 | $71.19 | $67.08 | $844,000 | $547,000 |
| 8125 | CLECO CORPORATION | 373375 | 365250 | $25.23 | $25.24 | $9,420,000 | $9,219,000 |
| 14750 | CLEVELAND-CLIFFS INC | 801450 | 786700 | $48.44 | $38.11 | $38,822,000 | $29,981,000 |
| 3885 | CLOROX CO | 326494 | 322609 | $64.15 | $63.00 | $20,945,000 | $20,324,000 |
| 3139 | COCA-COLA COMPANY | 25670 | 22531 | $48.27 | $44.69 | $1,239,000 | $1,007,000 |
| 9175 | COMMERCIAL METALS CO | 916650 | 907475 | $25.80 | $20.33 | $23,650,000 | $18,449,000 |
| 141168 | CONOCOPHILLIPS | 6946721 | 6805553 | $71.95 | $59.53 | $499,817,000 | $405,135,000 |
| 719 | CONSOLIDATED EDISON INC | 7591 | 6872 | $48.08 | $46.13 | $365,000 | $317,000 |
| 13025 | CORN PRODUCTS INTL INC | 672025 | 659000 | $34.54 | $32.54 | $23,212,000 | $21,444,000 |
| 6150 | CORPORATE OFFICE PROPERTIES | 326300 | 320150 | $50.47 | $44.76 | $16,468,000 | $14,330,000 |
| 512 | COUNTRYWIDE FINANCIAL CORP | 6998 | 6486 | $42.44 | $35.00 | $297,000 | $227,000 |
| 210030 | CREDIT SUISSE GROUP-SPON ADR | 8123521 | 7913491 | $69.85 | $57.95 | $567,428,000 | $458,587,000 |
| 3925 | CYTEC INDUSTRIES INC | 189525 | 185600 | $56.51 | $55.59 | $10,710,000 | $10,318,000 |
| 900 | DAEWOO SHIPBUILDING-GDR 144A | 101400 | 100500 | $63.40 | $64.65 | $6,429,000 | $6,497,000 |
| 69553 | DANAHER CORP | 2516710 | 2447157 | $72.44 | $68.67 | $182,311,000 | $168,046,000 |
| 159 | DEERE & CO | 2551 | 2392 | $95.26 | $84.03 | $243,000 | $201,000 |
| 105975 | DEVON ENERGY CORP (NEW) | 4406860 | 4300885 | $67.08 | $63.15 | $295,612,000 | $271,601,000 |
| 2032 | DOW CHEMICAL CO | 16666 | 14634 | $39.90 | $38.95 | $665,000 | $570,000 |
| 20400 | DPL INC | 1033050 | 1012650 | $27.78 | $27.12 | $28,698,000 | $27,463,000 |
| 16175 | DRS TECHNOLOGIES INC | 646463 | 630288 | $52.68 | $43.67 | $34,056,000 | $27,525,000 |
| 13300 | DTE ENERGY CO | 51127 | 37827 | $48.41 | $41.50 | $2,475,000 | $1,570,000 |
| 1262 | DUKE ENERGY CORP | 24004 | 22742 | $33.20 | $30.21 | $797,000 | $687,000 |
| 159043 | E.ON AG -SPONSORED ADR | 8027554 | 7868511 | $45.19 | $39.67 | $362,765,000 | $312,144,000 |
| 13255 | EATON VANCE CORP | 1101480 | 1088225 | $33.01 | $28.86 | $36,360,000 | $31,406,000 |
| 4750 | EMERSON ELECTRIC COMPANY | 8518 | 3768 | $44.14 | $83.86 | $376,000 | $316,000 |
| 7800 | EMPRESA BRASILIERA DE AE-ADR | 350725 | 342925 | $41.43 | $39.27 | $14,531,000 | $13,467,000 |
| 124952 | ENCANA CORP | 4757910 | 4632958 | $45.95 | $46.69 | $218,626,000 | $216,313,000 |
| 65 | ENERGY SELECT SECTOR SPDR | 5030 | 4965 | $58.65 | $53.37 | $295,000 | $265,000 |
| 1555 | ENSCO INTERNATIONAL INC | 458375 | 456820 | $50.06 | $43.83 | $22,946,000 | $20,022,000 |
| 12225 | EQUITY INNS INC | 719150 | 706925 | $15.96 | $15.92 | $11,478,000 | $11,254,000 |
| 5297 | ESCROW MIRANT CORP COM NEW | 25345 | 20048 | $0.00 | $0.00 | $0 | $0 |
| 4675 | ESSEX PROPERTY TRUST INC | 87150 | 82475 | $129.25 | $121.39 | $11,264,000 | $10,012,000 |
| 16987 | EXXON MOBIL CORP | 149498 | 132511 | $76.63 | $67.10 | $11,456,000 | $8,892,000 |
| 1240 | FANNIE MAE | 5516 | 4276 | $59.46 | $55.89 | $328,000 | $239,000 |
| 69335 | FEDEX CORP | 3563266 | 3493931 | $108.62 | $108.68 | $387,042,000 | $379,720,000 |
| 12200 | FEI COMPANY | 607600 | 595400 | $26.37 | $21.11 | $16,022,000 | $12,569,000 |
| 8600 | FIRST REPUBLIC BANK | 591437 | 582837 | $39.08 | $42.56 | $23,113,000 | $24,806,000 |
| 1200 | FIRSTENERGY CORP | 516959 | 515759 | $60.30 | $55.86 | $31,173,000 | $28,810,000 |
| 7100 | FLUOR CORP (NEW) | 28870 | 21770 | $81.64 | $76.89 | $2,357,000 | $1,674,000 |
| 361 | FORD MOTOR CO | 10509 | 10148 | $7.52 | $8.08 | $79,000 | $82,000 |
| 139 | FRANKLIN RESOURCES INC | 7337 | 7198 | $110.13 | $105.72 | $808,000 | $761,000 |
| 97359 | FREEPORT-MCMORAN COPPER-B | 849557 | 752198 | $55.73 | $53.26 | $47,346,000 | $40,062,000 |
| 12525 | FREMONT GENERAL CORP | 725350 | 712825 | $16.21 | $13.99 | $11,758,000 | $9,972,000 |
| 305260 | FUJITSU LTD - UNSPON ADR | 1437485 | 1132225 | $39.19 | $41.25 | $56,339,000 | $46,703,000 |
| 7225 | GAMESTOP CORP-CL A | 594175 | 586950 | $55.11 | $46.28 | $32,745,000 | $27,164,000 |
| 201935 | GENERAL ELECTRIC CO | 5769109 | 5567174 | $37.21 | $35.30 | $214,669,000 | $196,521,000 |
| 106431 | GILEAD SCIENCES INC | 4021953 | 3915522 | $64.93 | $68.77 | $261,145,000 | $269,270,000 |
| 103733 | GLAXOSMITHKLINE PLC-ADR | 4993982 | 4890249 | $52.76 | $53.23 | $263,483,000 | $260,308,000 |
| 44836 | GOLDMAN SACHS GROUP INC | 2845613 | 2800777 | $199.35 | $169.17 | $567,273,000 | $473,807,000 |
| 4500 | GRANITE CONSTRUCTION INC | 754417 | 749917 | $50.32 | $53.35 | $37,962,000 | $40,008,000 |
| 15525 | GREATER BAY BANCORP | 694630 | 679105 | $26.33 | $28.21 | $18,290,000 | $19,158,000 |
| 18230 | GRUPO TELEVISA SA-SPONS ADR | 765730 | 747500 | $27.01 | $21.26 | $20,682,000 | $15,892,000 |
| 10300 | H B FULLER CO | 513250 | 502950 | $25.82 | $23.44 | $13,252,000 | $11,789,000 |
| 10274 | HARRIS CORP DEL | 34724 | 24450 | $45.85 | $44.50 | $1,592,000 | $1,088,000 |
| 21825 | HELMERICH & PAYNE | 1115125 | 1093300 | $24.47 | $23.03 | $27,287,000 | $25,179,000 |
| 8075 | HENRY SCHEIN INC | 394700 | 386625 | $48.98 | $50.14 | $19,332,000 | $19,385,000 |
| 9750 | HEWLETT-PACKARD CO | 41723 | 31973 | $41.20 | $36.69 | $1,719,000 | $1,173,000 |
| 11988 | HOME DEPOT INC | 25066 | 13078 | $40.17 | $36.24 | $1,007,000 | $474,000 |
| 125245 | HONEYWELL INTERNATIONAL INC | 5641093 | 5515848 | $45.24 | $40.90 | $255,203,000 | $225,598,000 |
| 18500 | HORACE MANN EDUCATOR | 724425 | 705925 | $20.20 | $19.23 | $14,633,000 | $13,575,000 |
| 15110 | HOYA CORP-SPONSORED ADR | 220210 | 205100 | $38.94 | $37.69 | $8,575,000 | $7,730,000 |
| 36316 | HUMANA INC | 1716892 | 1680576 | $55.31 | $66.09 | $94,961,000 | $111,069,000 |
| 735 | IBM CORP | 56775 | 56040 | $97.16 | $81.94 | $5,516,000 | $4,592,000 |
| 11150 | IDACORP INC | 745950 | 734800 | $38.65 | $37.81 | $28,831,000 | $27,783,000 |
| 83420 | ILLINOIS TOOL WORKS | 3483681 | 3400261 | $46.19 | $44.90 | $160,911,000 | $152,672,000 |
| 136148 | ING GROEP NV -SPONSORED ADR | 8195815 | 8059667 | $44.17 | $43.98 | $362,009,000 | $354,464,000 |
| 7183 | INGERSOLL RAND COMPANY LTD NEW | 38933 | 31750 | $39.12 | $37.98 | $1,523,000 | $1,206,000 |
| 29149 | INTEL CORP | 596947 | 567798 | $20.25 | $20.57 | $12,088,000 | $11,680,000 |
| 55325 | ISHARES MSCI EAFE INDEX FUND | 83516 | 28191 | $73.22 | $67.75 | $6,115,000 | $1,910,000 |
| 230768 | ISHARES MSCI EMERGING MKT IN | 6552308 | 6321540 | $114.17 | $96.77 | $748,077,000 | $611,735,000 |
| 3602143 | ISHARES MSCI JAPAN INDEX FUND | 146116362 | 1.43E+08 | $14.21 | $13.54 | $2,076,314,000 | $1,929,643,000 |
| 25 | ISHARES S&P GLBL ENERGY SECT | 2550 | 2525 | $111.37 | $102.57 | $284,000 | $259,000 |
| 19900 | JABIL CIRCUIT INC | 60761 | 40861 | $24.56 | $28.56 | $1,492,000 | $1,167,000 |
| 7700 | JACK IN THE BOX INC | 475150 | 467450 | $61.04 | $52.18 | $29,003,000 | $24,392,000 |
| 100 | JACOBS ENGINEERING GROUP INC | 97090 | 96990 | $81.54 | $74.73 | $7,917,000 | $7,248,000 |
| 17750 | JANUS CAPITAL GROUP INC | 1470775 | 1453025 | $21.59 | $19.72 | $31,754,000 | $28,654,000 |
| 6350 | JOHNSON CONTROLS | 25600 | 19250 | $85.94 | $71.74 | $2,200,000 | $1,381,000 |
| 445 | JPMORGAN CHASE & CO | 38063 | 37618 | $48.29 | $46.97 | $1,838,000 | $1,767,000 |
| 14974 | KANSAS CITY SOUTHERN | 1046024 | 1031050 | $28.98 | $27.31 | $30,314,000 | $28,158,000 |
| 10675 | KELLY SERVICES INC CLASS A | 514475 | 503800 | $28.94 | $27.41 | $14,889,000 | $13,809,000 |
| 2100 | KGHM POLSKA MIEDZ SA-GDR | 398800 | 396700 | $63.10 | $64.00 | $25,164,000 | $25,389,000 |
| 126 | KIMCO REALTY CORP. | 5626 | 5500 | $44.97 | $42.91 | $253,000 | $236,000 |
| 26729 | KLA-TENCOR CORPORATION | 6899880 | 6873151 | $49.75 | $44.47 | $343,269,000 | $305,649,000 |
| 9 | KOOKMIN BANK-SPON ADR | 106284 | 106275 | $80.64 | $78.03 | $8,571,000 | $8,293,000 |
| 26450 | KULICKE & SOFFA INDS | 1626775 | 1600325 | $8.40 | $8.84 | $13,665,000 | $14,147,000 |
| 12775 | LAZARD LTD-CL A | 686175 | 673400 | $47.34 | $39.98 | $32,484,000 | $26,923,000 |
| 110231 | LEHMAN BROTHERS HOLDINGS INC | 5491256 | 5381025 | $78.12 | $73.86 | $428,977,000 | $397,443,000 |
| 393 | LINCOLN NATIONAL CORP | 4527 | 4134 | $66.49 | $62.17 | $301,000 | $257,000 |
| 103287 | LOCKHEED MARTIN CORP | 3458253 | 3354966 | $92.07 | $86.06 | $318,401,000 | $288,728,000 |
| 118935 | LOWES COS INC | 6678713 | 6559778 | $31.15 | $28.06 | $208,042,000 | $184,067,000 |
| 170792 | MATSUSHITA ELEC IND-SPON ADR | 12830074 | 12659282 | $20.09 | $21.13 | $257,756,000 | $267,491,000 |
| 6400 | MEDIMMUNE INC | 890900 | 884500 | $32.37 | $29.27 | $28,838,000 | $25,889,000 |
| 2154 | MEDTRONIC INC | 384150 | 381996 | $53.51 | $46.44 | $20,556,000 | $17,740,000 |
| 10375 | MENS WEARHOUSE INC | 512074 | 501699 | $38.26 | $37.21 | $19,592,000 | $18,668,000 |
| 192532 | MERCK & CO INC | 6805183 | 6612651 | $43.60 | $41.90 | $296,706,000 | $277,070,000 |
| 410 | MERRILL LYNCH & CO INC | 298765 | 298355 | $93.10 | $78.22 | $27,815,000 | $23,337,000 |
| 4500 | MID-AMERICA APARTMENT COMM | 242275 | 237775 | $57.24 | $61.22 | $13,868,000 | $14,557,000 |
| 347986 | MILLEA HOLDINGS INC-ADR | 583786 | 235800 | $35.87 | $90.90 | $20,940,000 | $21,434,000 |
| 235015 | MITSUBISHI UFJ FINANCIAL-ADR | 25103853 | 24868838 | $12.45 | $12.81 | $312,543,000 | $318,570,000 |
| 790 | MONSANTO CO NEW | 8152 | 7362 | $52.50 | $47.00 | $428,000 | $346,000 |
| 81252 | MORGAN STANLEY | 5819853 | 5738601 | $81.43 | $72.91 | $473,911,000 | $418,401,000 |
| 13925 | MSC INDUSTRIAL DIRECT CO INC | 781325 | 767400 | $39.15 | $40.74 | $30,589,000 | $31,264,000 |
| 10325 | MUELLER INDUSTRIES INC | 824375 | 814050 | $31.70 | $35.17 | $26,133,000 | $28,630,000 |
| 10100 | MURPHY OIL CORP | 38100 | 28000 | $50.84 | $47.54 | $1,937,000 | $1,331,000 |
| 10207 | NABORS INDUSTRIES LTD | 691371 | 681164 | $29.78 | $29.75 | $20,589,000 | $20,265,000 |
| 2650 | NACCO INDUSTRIES-CL A | 198250 | 195600 | $136.60 | $135.91 | $27,081,000 | $26,584,000 |
| 30 | NATIONAL OILWELL VARCO INC | 5919 | 5889 | $61.16 | $58.58 | $362,000 | $345,000 |
| 13918 | NCR CORP NEW | 41842 | 27924 | $42.76 | $39.46 | $1,789,000 | $1,102,000 |
| 26150 | NETFLIX INC | 1287075 | 1260925 | $25.86 | $22.78 | $33,284,000 | $28,724,000 |
| 7000 | NEW JERSEY RES CORP | 532250 | 525250 | $48.58 | $49.30 | $25,857,000 | $25,895,000 |
| 8239 | NEWELL RUBBERMAID INC | 38989 | 30750 | $28.96 | $28.33 | $1,129,000 | $871,000 |
| 10995 | NEWFIELD EXPLORATION CO | 43245 | 32250 | $45.95 | $38.54 | $1,987,000 | $1,243,000 |
| 1736 | NEWMONT MINING CORP | 419880 | 418144 | $45.15 | $42.75 | $18,958,000 | $17,876,000 |
| 417 | NIKE INC CL B | 110934 | 110517 | $99.03 | $87.62 | $10,986,000 | $9,684,000 |
| 279719 | NISSAN MOTOR CO LTD-SPON ADR | 14523054 | 14243335 | $24.27 | $22.46 | $352,475,000 | $319,905,000 |
| 237961 | NOMURA HOLDINGS INC-ADR | 13766842 | 13528881 | $18.94 | $17.58 | $260,744,000 | $237,838,000 |
| 1005 | NORTHROP GRUMMAN CORP | 335285 | 334280 | $67.70 | $68.07 | $22,699,000 | $22,754,000 |
| 4900 | NORTHWEST NATURAL GAS CO | 243150 | 238250 | $42.44 | $39.28 | $10,319,000 | $9,358,000 |
| 7425 | NOVO-NORDISK A/S-SPONS ADR | 96802 | 89377 | $83.63 | $74.52 | $8,096,000 | $6,660,000 |
| 182219 | NUCOR CORP | 5219265 | 5037046 | $54.66 | $49.49 | $285,285,000 | $249,283,000 |
| 148877 | OCCIDENTAL PETROLEUM CORP | 8002886 | 7854009 | $48.83 | $48.11 | $390,781,000 | $377,856,000 |
| 16200 | OCEANEERING INTL INC | 1061800 | 1045600 | $39.70 | $30.80 | $42,153,000 | $32,204,000 |
| 25525 | ORBITAL SCIENCES CORP | 1814700 | 1789175 | $18.44 | $18.77 | $33,463,000 | $33,583,000 |
| 800 | PARKER HANNIFIN CORP | 12522 | 11722 | $76.90 | $77.72 | $963,000 | $911,000 |
| 4650 | PARKWAY PROPERTIES INC | 232450 | 227800 | $51.01 | $46.49 | $11,857,000 | $10,590,000 |
| 28250 | PAXAR CORP | 969150 | 940900 | $23.06 | $19.98 | $22,349,000 | $18,799,000 |
| 6614 | PEPSICO INC | 19729 | 13115 | $62.55 | $65.27 | $1,234,000 | $856,000 |
| 28275 | PERRIGO CO | 1459900 | 1431625 | $17.30 | $16.97 | $25,256,000 | $24,295,000 |
| 6500 | PETROLEO BRASILEIRO S.A.-ADR | 152600 | 146100 | $102.99 | $83.83 | $15,716,000 | $12,248,000 |
| 393125 | PETROLEUM GEO-SERVICES-ADR | 586575 | 193450 | $23.43 | $48.90 | $13,743,000 | $9,460,000 |
| 1584 | PFIZER INC | 93335 | 91751 | $25.90 | $28.36 | $2,417,000 | $2,602,000 |
| 14521 | PHELPS DODGE CORP | 2541482 | 2526961 | $119.72 | $84.70 | $304,266,000 | $214,034,000 |
| 18000 | PHOTRONICS INC. | 1408800 | 1390800 | $16.34 | $14.13 | $23,020,000 | $19,652,000 |
| 6400 | PIEDMONT NATURAL GAS CO | 27625 | 21225 | $26.75 | $25.30 | $739,000 | $537,000 |
| 4550 | PLEXUS CORP | 832745 | 828195 | $23.88 | $19.20 | $19,886,000 | $15,901,000 |
| 23685 | PPL CORPORATION | 912735 | 889050 | $35.84 | $32.90 | $32,712,000 | $29,250,000 |
| 130709 | PROCTER & GAMBLE COMPANY | 3424693 | 3293984 | $64.27 | $61.98 | $220,105,000 | $204,161,000 |
| 1134 | PROLOGIS | 4959 | 3825 | $60.70 | $56.99 | $301,000 | $218,000 |
| 12965 | PROTECTIVE LIFE CORP | 364165 | 351200 | $47.50 | $45.75 | $17,298,000 | $16,067,000 |
| 80 | PUBLIC STORAGE INC | 101336 | 101256 | $97.50 | $85.99 | $9,880,000 | $8,707,000 |
| 13795 | QUANEX CORP | 639943 | 626148 | $34.59 | $30.35 | $22,136,000 | $19,004,000 |
| 5900 | RALCORP HOLDINGS INC (NEW) | 473250 | 467350 | $50.89 | $48.23 | $24,084,000 | $22,540,000 |
| 19940 | RAYMOND JAMES FIN'L CORP | 1192990 | 1173050 | $30.31 | $29.24 | $36,160,000 | $34,300,000 |
| 5275 | REGAL BELOIT CORP | 630598 | 625323 | $52.51 | $43.50 | $33,113,000 | $27,202,000 |
| 518 | REGIONS FINANCIAL CORP | 6960 | 6442 | $37.36 | $36.79 | $260,000 | $237,000 |
| 11425 | REGIS CORP | 615350 | 603925 | $39.54 | $35.85 | $24,331,000 | $21,651,000 |
| 37568 | RIO TINTO PLC-SPON ADR | 1303602 | 1266034 | $212.49 | $189.63 | $277,003,000 | $240,078,000 |
| 7827 | ROCKWELL AUTOMATION INC | 376264 | 368437 | $61.08 | $58.10 | $22,982,000 | $21,406,000 |
| 820 | ROCKWELL COLLINS INC | 5220 | 4400 | $63.22 | $54.77 | $330,000 | $241,000 |
| 7700 | ROSS STORES INC | 28750 | 21050 | $29.29 | $25.42 | $842,000 | $535,000 |
| 13075 | ROWAN COMPANIES INC | 619325 | 606250 | $33.20 | $31.63 | $20,562,000 | $19,176,000 |
| 126184 | ROYAL DUTCH SHELL PLC-ADR A | 5883554 | 5757370 | $70.79 | $66.10 | $416,497,000 | $380,562,000 |
| 1600 | SAMSUNG ELECTR-GDR REGS 144A | 13275 | 11675 | $327.98 | $351.26 | $4,354,000 | $4,101,000 |
| 143729 | SANPAOLO IMI SPA-SPON ADR | 7457169 | 7313440 | $46.43 | $42.24 | $346,236,000 | $308,920,000 |
| 15330 | SCANA CORP (NEW) | 60131 | 44801 | $40.63 | $40.27 | $2,443,000 | $1,804,000 |
| 608 | SCHERING PLOUGH CORP | 14792 | 14184 | $23.66 | $22.07 | $350,000 | $313,000 |
| 171759 | SCHLUMBERGER LIMITED | 7680705 | 7508946 | $63.16 | $62.03 | $485,113,000 | $465,780,000 |
| 8000 | SCHWAB CHARLES CORP | 26705 | 18705 | $19.32 | $17.91 | $516,000 | $335,000 |
| 12715 | SCOTTS-MIRACLE GRO CO- CL A | 625515 | 612800 | $51.65 | $44.49 | $32,308,000 | $27,263,000 |
| 10625 | SENIOR HOUSING PROP TRUST | 541675 | 531050 | $24.48 | $21.34 | $13,260,000 | $11,333,000 |
| 143484 | SIEMENS AG-SPONS ADR | 5246290 | 5102806 | $98.55 | $87.10 | $517,022,000 | $444,454,000 |
| 17120 | SIGMA ALDRICH CORPORATION | 273685 | 256565 | $77.72 | $75.67 | $21,271,000 | $19,414,000 |
| 88048 | SONY CORP-SPONSORED ADR | 4350396 | 4262348 | $42.83 | $40.36 | $186,327,000 | $172,028,000 |
| 587 | SOUTHERN COMPANY | 8711 | 8124 | $36.85 | $34.47 | $321,000 | $280,000 |
| 1089 | SOUTHERN COPPER CORP | 3984 | 2895 | $53.97 | $92.57 | $215,000 | $268,000 |
| 1875 | SOUTHWEST GAS | 338245 | 336370 | $38.37 | $33.32 | $12,978,000 | $11,208,000 |
| 21903 | SOUTHWEST WATER CO | 1194250 | 1172347 | $13.76 | $12.23 | $16,433,000 | $14,338,000 |
| 5150 | SOVRAN SELF STORAGE INC | 260375 | 255225 | $57.28 | $55.55 | $14,914,000 | $14,178,000 |
| 1033490 | SPDR TRUST SERIES 1 | 1052116 | 18626 | $141.62 | $133.58 | $149,001,000 | $2,488,000 |
| 2648 | SPRINT NEXTEL CORP | 15134 | 12486 | $18.90 | $17.14 | $286,000 | $214,000 |
| 200 | SPX CORP | 4916 | 4716 | $61.23 | $53.44 | $301,000 | $252,000 |
| 5 | STARBUCKS CORPORATION | 11221 | 11216 | $35.38 | $34.06 | $397,000 | $382,000 |
| 16250 | STERIS CORP | 833125 | 816875 | $25.17 | $24.06 | $20,970,000 | $19,654,000 |
| 552 | STRYKER CORP | 5400 | 4848 | $55.19 | $49.50 | $298,000 | $240,000 |
| 627 | SUNTRUST BANKS INC | 8937 | 8310 | $84.48 | $77.26 | $755,000 | $642,000 |
| 6250 | SWIFT ENERGY CO | 524175 | 517925 | $44.81 | $41.82 | $23,488,000 | $21,660,000 |
| 6900 | SYNAPTICS INC | 573425 | 566525 | $29.69 | $24.37 | $17,025,000 | $13,806,000 |
| 4010 | T ROWE PRICE GROUP INC | 905975 | 901965 | $43.77 | $47.85 | $39,655,000 | $43,159,000 |
| 30536 | TAIWAN SEMICONDUCTOR-SP ADR | 761854 | 731318 | $10.93 | $9.60 | $8,327,000 | $7,021,000 |
| 7850 | TECH DATA CORPORATION | 372475 | 364625 | $37.87 | $36.53 | $14,106,000 | $13,320,000 |
| 17825 | TELEDYNE TECHNOLOGIES INC | 954793 | 936968 | $40.13 | $39.60 | $38,316,000 | $37,104,000 |
| 1000 | TELSTRA CORP-ADR | 15500 | 14500 | $16.39 | $13.79 | $254,000 | $200,000 |
| 4 | TEREX CORP | 163054 | 163050 | $64.58 | $45.22 | $10,530,000 | $7,373,000 |
| 8075 | TESORO CORP | 578700 | 570625 | $65.77 | $57.98 | $38,061,000 | $33,085,000 |
| 6875 | TEXAS INDS INC | 305975 | 299100 | $64.23 | $52.06 | $19,653,000 | $15,571,000 |
| 247019 | TEXAS INSTRUMENTS INCORPORATED | 13012602 | 12765583 | $28.80 | $33.25 | $374,763,000 | $424,456,000 |
| 1420 | TIME WARNER INC | 22524 | 21104 | $21.80 | $18.24 | $491,000 | $385,000 |
| 11300 | TORO COMPANY | 496450 | 485150 | $46.63 | $42.17 | $23,149,000 | $20,459,000 |
| 170947 | TOTAL SA-SPON ADR | 6328356 | 6157409 | $71.92 | $65.94 | $455,135,000 | $406,020,000 |
| 120852 | TRANSOCEAN INC | 6602252 | 6481400 | $80.89 | $73.23 | $534,056,000 | $474,633,000 |
| 3698375 | TRIQUINT SEMICONDUCTOR | 3726375 | 28000 | $4.50 | $5.21 | $16,769,000 | $146,000 |
| 9275 | TWEEN BRANDS INC | 504250 | 494975 | $39.93 | $37.60 | $20,135,000 | $18,611,000 |
| 208536 | UBS AG-NEW | 6070149 | 5861613 | $60.33 | $59.31 | $366,212,000 | $347,652,000 |
| 14003 | UCBH HOLDINGS INC | 790978 | 776975 | $17.56 | $17.46 | $13,890,000 | $13,566,000 |
| 632 | UNION PACIFIC CORP | 3000 | 2368 | $92.00 | $87.84 | $276,000 | $208,000 |
| 3525 | UNIONBANCAL CORP | 14350 | 10825 | $61.25 | $60.88 | $879,000 | $659,000 |
| 2972 | UNITED PARCEL SERVICE-CL B | 19017 | 16045 | $74.99 | $71.92 | $1,426,000 | $1,154,000 |
| 131074 | UNITED TECHNOLOGIES CORP | 5306829 | 5175755 | $62.52 | $63.35 | $331,783,000 | $327,884,000 |
| 7448 | UNITEDHEALTH GROUP INC | 12687 | 5239 | $53.76 | $49.25 | $682,000 | $258,000 |
| 21295 | UNUMPROVIDENT CORP | 80305 | 59010 | $20.78 | $19.39 | $1,669,000 | $1,144,000 |
| 4477 | US BANCORP | 26645 | 22168 | $36.18 | $33.20 | $964,000 | $736,000 |
| 646077 | UTILITIES SELECT SECTOR SPDR | 23796082 | 23150005 | $36.72 | $33.99 | $873,792,000 | $786,869,000 |
| 2064 | VALERO ENERGY CORP (NEW) | 35779 | 33715 | $51.15 | $51.46 | $1,830,000 | $1,735,000 |
| 193100 | VANGUARD INDEX TRUST | 6732414 | 6539314 | $77.00 | $71.89 | $518,396,000 | $470,111,000 |
| 4527 | VERIZON COMMUNICATIONS | 31242 | 26715 | $37.23 | $37.13 | $1,163,000 | $992,000 |
| 820 | VESTIN REALTY MORTGAGE II | 14300 | 13480 | $5.24 | $6.82 | $75,000 | $92,000 |
| 4700 | VF CORP | 17550 | 12850 | $82.11 | $72.92 | $1,441,000 | $937,000 |
| 562 | VODAFONE GROUP PLC-SP ADR | 16579 | 16017 | $27.81 | $22.85 | $461,000 | $366,000 |
| 8405 | VULCAN MATERIALS CO | 260980 | 252575 | $89.87 | $78.25 | $23,454,000 | $19,764,000 |
| 12850 | W-H ENERGY SERVICES INC | 891075 | 878225 | $48.69 | $41.47 | $43,386,000 | $36,420,000 |
| 1606 | WACHOVIA CORP | 57097 | 55491 | $56.96 | $55.79 | $3,252,000 | $3,096,000 |
| 1273 | WALGREEN CO | 13723 | 12450 | $45.91 | $44.42 | $630,000 | $553,000 |
| 170 | WASHINGTON MUTUAL INC | 6995 | 6825 | $45.46 | $43.52 | $318,000 | $297,000 |
| 15800 | WEINGARTEN REALTY SBI | 53325 | 37525 | $46.11 | $43.01 | $2,459,000 | $1,614,000 |
| 1368 | WELLPOINT INC | 4425 | 3057 | $78.64 | $77.20 | $348,000 | $236,000 |
| 19567 | WELLS FARGO & COMPANY | 31665 | 12098 | $35.56 | $36.20 | $1,126,000 | $438,000 |
| 23200 | WERNER ENTERPRISES INC | 932150 | 908950 | $17.48 | $18.71 | $16,294,000 | $17,006,000 |
| 900 | WESTAMERICA BANCORPORATION | 254092 | 253192 | $50.63 | $50.51 | $12,865,000 | $12,789,000 |
| 761 | WEYERHAEUSER COMPANY | 7486 | 6725 | $70.67 | $61.56 | $529,000 | $414,000 |
| 3300 | WHIRLPOOL CORPORATION | 12173 | 8873 | $83.05 | $84.08 | $1,011,000 | $746,000 |
| 250 | WORLDCOM INC-WORLDCOM GROUP | 25821 | 25571 | $0.00 | $0.00 | $0 | $0 |
| 406 | WR BERKLEY CORP | 7156 | 6750 | $34.52 | $35.41 | $247,000 | $239,000 |
| ***** REDUCED POSITIONS | |||||||
| Change | COMPANY | Cur. Pos. | Prev. Pos. | Approx PPS | Prev PPS | Value | Prev Value |
| -9803 | ABN AMRO HOLDING NV-SP ADR | 362973 | 372776 | $32.05 | $29.22 | $11,633,000 | $10,893,000 |
| -9150 | ACERGY SA-SPON ADR | 400550 | 409700 | $19.08 | $17.07 | $7,642,000 | $6,994,000 |
| -1079 | AMERICAN ELECTRIC POWER | 711516 | 712595 | $42.58 | $36.37 | $30,296,000 | $25,917,000 |
| -1096 | AMERICAN EXPRESS CO | 23410 | 24506 | $60.66 | $56.07 | $1,420,000 | $1,374,000 |
| -3300 | APPLIED MICRO CIRCUITS CORP | 38568 | 41868 | $3.55 | $2.89 | $137,000 | $121,000 |
| -6870 | BANCO BILBAO VIZCAYA-SP ADR | 593317 | 600187 | $24.06 | $23.13 | $14,275,000 | $13,882,000 |
| -79 | BANK NEW YORK COMPANY | 9183 | 9262 | $39.42 | $35.31 | $362,000 | $327,000 |
| -3673 | BARCLAYS PLC-SPONS ADR | 5115 | 8788 | $58.06 | $50.75 | $297,000 | $446,000 |
| -3780 | BARRICK GOLD CORP | 249175 | 252955 | $30.70 | $30.72 | $7,650,000 | $7,771,000 |
| -3 | BERKSHIRE HATHAWAY INC CLASS B | 1141 | 1144 | $3,666.08 | $3,173.95 | $4,183,000 | $3,631,000 |
| -4 | BERKSHIRE HATHAWAY INC DEL | 115 | 119 | $109,991.30 | $95,798.32 | $12,649,000 | $11,400,000 |
| -4260 | BJ SERVICES CO | 738318 | 742578 | $29.32 | $30.13 | $21,647,000 | $22,374,000 |
| -747 | BP PLC-SPONS ADR | 271742 | 272489 | $67.10 | $65.58 | $18,234,000 | $17,870,000 |
| -3352 | BRISTOL-MYERS SQUIBB CO | 67593 | 70945 | $26.32 | $24.92 | $1,779,000 | $1,768,000 |
| -1000 | CALPINE CORP | 12000 | 13000 | $1.08 | $0.31 | $13,000 | $4,000 |
| -507370 | CANADIAN NATURAL RESOURCES | 2687610 | 3194980 | $53.23 | $45.58 | $143,061,000 | $145,627,000 |
| -1600 | CANADIAN PACIFIC RAILWAY LTD | 165675 | 167275 | $52.76 | $49.74 | $8,741,000 | $8,320,000 |
| -631 | CANON INC-SPONS ADR | 98622 | 99253 | $56.59 | $52.29 | $5,581,000 | $5,190,000 |
| -289 | CARDINAL HEALTH INC | 3506 | 3795 | $64.46 | $65.61 | $226,000 | $249,000 |
| -2900 | CELGENE CORP | 823800 | 826700 | $57.53 | $43.30 | $47,393,000 | $35,796,000 |
| -3375 | CHAPARRAL STEEL CO | 660875 | 664250 | $44.27 | $34.06 | $29,257,000 | $22,624,000 |
| -1014 | CIA VALE DO RIO DOCE-ADR | 108528 | 109542 | $29.74 | $21.56 | $3,228,000 | $2,362,000 |
| -1300 | CIGNA CORP | 245725 | 247025 | $131.57 | $116.32 | $32,330,000 | $28,734,000 |
| -902 | CISCO SYSTEMS INC | 719913 | 720815 | $27.33 | $22.98 | $19,675,000 | $16,564,000 |
| -38 | COLGATE-PALMOLIVE CO | 10671 | 10709 | $65.22 | $62.10 | $696,000 | $665,000 |
| -765 | CORNING INC. | 12702 | 13467 | $18.74 | $24.43 | $238,000 | $329,000 |
| -204476 | COVENTRY HEALTH CARE INC | 1279087 | 1483563 | $50.05 | $51.52 | $64,018,000 | $76,433,000 |
| -5025 | CSX CORP | 689205 | 694230 | $34.43 | $32.83 | $23,729,000 | $22,792,000 |
| -2910 | DAIMLERCHRYSLER AG | 83541 | 86451 | $61.41 | $49.96 | $5,130,000 | $4,319,000 |
| -500 | DASSAULT SYSTEMES SA-ADR | 70600 | 71100 | $52.86 | $56.20 | $3,732,000 | $3,996,000 |
| -2100 | DBS GROUP HOLDINGS-SPON ADR | 23600 | 25700 | $58.90 | $48.40 | $1,390,000 | $1,244,000 |
| -4263 | DELL INC | 21989 | 26252 | $25.10 | $22.86 | $552,000 | $600,000 |
| -2808 | DISNEY WALT CO (HOLDING CO) | 19778 | 22586 | $34.28 | $30.90 | $678,000 | $698,000 |
| -840 | DOMINION RESOURCES INC/VA | 5149 | 5989 | $83.90 | $76.47 | $432,000 | $458,000 |
| -653 | DU PONT (E.I.) DE NEMOURS | 8089 | 8742 | $48.71 | $42.90 | $394,000 | $375,000 |
| -1901 | EDISON INTERNATIONAL | 587463 | 589364 | $45.48 | $41.64 | $26,718,000 | $24,541,000 |
| -2832 | ELAN CORP PLC -SPONS ADR | 13970 | 16802 | $14.75 | $15.59 | $206,000 | $262,000 |
| -7720 | EMC CORPORATION MASS | 527357 | 535077 | $13.20 | $11.98 | $6,961,000 | $6,410,000 |
| -900 | ENEL SPA -SPON ADR | 7300 | 8200 | $51.64 | $45.61 | $377,000 | $374,000 |
| -4033 | ENI SPA-SPONSORED ADR | 213089 | 217122 | $67.28 | $59.51 | $14,337,000 | $12,921,000 |
| -1977 | ENRON CORP | 29199 | 31176 | $0.00 | $0.00 | $0 | $0 |
| -300 | ESCROW SEAGATE TECH MERGER | 52305 | 52605 | $0.00 | $0.00 | $0 | $0 |
| -494 | EXELON CORP | 6993 | 7487 | $61.92 | $60.50 | $433,000 | $453,000 |
| -2193 | FEDERATED DEPARTMENT STORES | 325207 | 327400 | $38.13 | $43.21 | $12,400,000 | $14,147,000 |
| -2671 | FIFTH THIRD BANCORP | 17564 | 20235 | $40.94 | $38.10 | $719,000 | $771,000 |
| -68100 | FIRST AMERICAN CORP | 223675 | 291775 | $40.68 | $42.34 | $9,099,000 | $12,354,000 |
| -300 | FORTUNE BRANDS INC | 4450 | 4750 | $85.39 | $75.16 | $380,000 | $357,000 |
| -1750 | FUJI HEAVY INDUS-UNSPONS ADR | 95900 | 97650 | $51.28 | $56.92 | $4,918,000 | $5,558,000 |
| -420 | GALLAHER GRP PLAC ADR | 5580 | 6000 | $89.96 | $65.50 | $502,000 | $393,000 |
| -579 | GENERAL DYNAMICS CORP | 9575 | 10154 | $74.36 | $71.70 | $712,000 | $728,000 |
| -228533 | GENZYME CORP | 2170113 | 2398646 | $61.58 | $67.47 | $133,636,000 | $161,837,000 |
| -3520 | GRANT PRIDECO INC | 463325 | 466845 | $39.77 | $38.03 | $18,426,000 | $17,754,000 |
| -3100 | GROUPE DANONE-SPONS ADR | 703908 | 707008 | $32.60 | $29.62 | $22,947,000 | $20,942,000 |
| -156 | HALLIBURTON CO | 8894 | 9050 | $31.03 | $28.40 | $276,000 | $257,000 |
| -2756 | HARLEY-DAVIDSON INC | 4257 | 7013 | $70.47 | $62.74 | $300,000 | $440,000 |
| -437 | HARTFORD FINANCIAL SVCS GRP | 3063 | 3500 | $93.37 | $86.86 | $286,000 | $304,000 |
| -475 | HEALTH NET INC | 617125 | 617600 | $48.66 | $43.52 | $30,029,000 | $26,878,000 |
| -2075 | HEINZ HJ CO | 342116 | 344191 | $45.01 | $41.93 | $15,399,000 | $14,432,000 |
| -17955 | HELIX ENERGY SOLUTIONS GROUP | 600270 | 618225 | $31.37 | $33.40 | $18,830,000 | $20,649,000 |
| -49826 | HITACHI LTD -SPONS ADR | 4040108 | 4089934 | $62.37 | $58.27 | $251,982,000 | $238,320,000 |
| -1000 | HRPT PROPERTIES TRUST | 15600 | 16600 | $12.37 | $11.93 | $193,000 | $198,000 |
| -65500 | INTERNATIONAL BRANDS INC | 167670 | 233170 | $0.00 | $0.00 | $0 | $0 |
| -150 | ISHARES MSCI EMU | 6825 | 6975 | $103.30 | $94.19 | $705,000 | $657,000 |
| -404 | ISHARES RUSSELL 1000 | 3075 | 3479 | $76.75 | $72.15 | $236,000 | $251,000 |
| -125 | ISHARES S&P 500 INDEX FUND | 4725 | 4850 | $142.01 | $133.81 | $671,000 | $649,000 |
| -4197 | JOHNSON & JOHNSON | 360591 | 364788 | $66.02 | $64.94 | $23,806,000 | $23,689,000 |
| -3000 | JOY GLOBAL INC | 443725 | 446725 | $48.34 | $37.57 | $21,450,000 | $16,783,000 |
| -76 | KIMBERLY-CLARK CORP | 4145 | 4221 | $68.03 | $65.39 | $282,000 | $276,000 |
| -200 | KINDER MORGAN ENERGY PARTNERS | 8653 | 8853 | $47.84 | $43.83 | $414,000 | $388,000 |
| -14975 | KOBE STEEL LTD-SPONS ADR | 1158800 | 1173775 | $17.12 | $15.71 | $19,840,000 | $18,442,000 |
| -5800 | KOMATSU LTD -SPONS ADR | 427350 | 433150 | $81.07 | $69.11 | $34,646,000 | $29,937,000 |
| -8900 | KUBOTA CORP-SPONS ADR | 667200 | 676100 | $46.47 | $40.93 | $31,005,000 | $27,673,000 |
| -825 | LILLY ELI & COMPANY | 208921 | 209746 | $52.10 | $57.00 | $10,885,000 | $11,956,000 |
| -6197 | MAKITA CORP-SPONS ADR | 522582 | 528779 | $31.10 | $29.74 | $16,252,000 | $15,726,000 |
| -29875 | MARUI LTD -ADR | 246350 | 276225 | $23.30 | $29.29 | $5,739,000 | $8,090,000 |
| -3875 | MASCO CORP | 508600 | 512475 | $29.87 | $27.42 | $15,192,000 | $14,052,000 |
| -2891 | MCDONALDS CORP | 510462 | 513353 | $44.33 | $39.12 | $22,629,000 | $20,082,000 |
| -32249 | MICROSOFT CORP | 469183 | 501432 | $29.86 | $27.35 | $14,010,000 | $13,714,000 |
| -143 | MIDCAP SPDR TRUST SERIES 1 | 3007 | 3150 | $146.33 | $137.78 | $440,000 | $434,000 |
| -760 | MITSUI & CO LTD-SPONS ADR | 50035 | 50795 | $301.91 | $254.91 | $15,106,000 | $12,948,000 |
| -3374 | MOTOROLA INC | 15341647 | 15345021 | $20.56 | $25.00 | $315,424,000 | $383,626,000 |
| -873 | NATIONAL AUSTRALIA BK-SP ADR | 50428 | 51301 | $159.26 | $136.41 | $8,031,000 | $6,998,000 |
| -1155 | NATIONAL CITY CORP | 15313 | 16468 | $36.57 | $36.62 | $560,000 | $603,000 |
| -1347 | NITTO DENKO CORP-UNSPONS ADR | 8810 | 10157 | $500.23 | $592.89 | $4,407,000 | $6,022,000 |
| -23560 | NOKIA CORP-SPON ADR | 17045 | 40605 | $20.30 | $19.70 | $346,000 | $800,000 |
| -850 | NORSK HYDRO AS-SPONS ADR | 671185 | 672035 | $30.67 | $22.51 | $20,585,000 | $15,128,000 |
| -1995 | NORTHERN TRUST CORP | 520805 | 522800 | $60.69 | $58.43 | $31,608,000 | $30,547,000 |
| -1085 | NOVARTIS AG-ADR | 151814 | 152899 | $57.44 | $58.44 | $8,720,000 | $8,935,000 |
| -15060 | ORACLE SYSTEMS CORPORATION | 64653 | 79713 | $17.14 | $17.74 | $1,108,000 | $1,414,000 |
| -2300 | ORIX- SPONSORED ADR | 245050 | 247350 | $146.80 | $138.10 | $35,973,000 | $34,159,000 |
| -242 | PACIFIC CAPITAL BANCORP | 10526 | 10768 | $33.54 | $26.93 | $353,000 | $290,000 |
| -3875 | PUBLICIS GROUPE-ADR | 125127 | 129002 | $42.23 | $39.58 | $5,284,000 | $5,106,000 |
| -5645 | QUALCOMM INC | 36040 | 41685 | $37.79 | $36.34 | $1,362,000 | $1,515,000 |
| -9080 | RELIANCE GROUP HOLDINGS | 16000 | 25080 | $0.00 | $0.00 | $0 | $0 |
| -1400 | REPSOL YPF SA -SPONSORED ADR | 22500 | 23900 | $34.49 | $29.83 | $776,000 | $713,000 |
| -1125 | RINKER GROUP LTD-ADR | 64450 | 65575 | $71.05 | $51.45 | $4,579,000 | $3,374,000 |
| -375 | SAFECO CORP | 167540 | 167915 | $62.55 | $58.93 | $10,480,000 | $9,895,000 |
| -2143 | SANOFI-AVENTIS SPONSORED ADR | 9728 | 11871 | $46.16 | $44.48 | $449,000 | $528,000 |
| -1475 | SAP AG-SPONSORED ADR | 154856 | 156331 | $53.10 | $49.50 | $8,223,000 | $7,738,000 |
| -176 | SASOL LTD-SPONSORED ADR | 73905 | 74081 | $36.90 | $32.90 | $2,727,000 | $2,437,000 |
| -1900 | SECOM LTD -UNSPONSORED ADR | 132300 | 134200 | $103.56 | $99.10 | $13,701,000 | $13,299,000 |
| -600 | SELECTIVE INSURANCE GROUP | 158300 | 158900 | $57.29 | $52.61 | $9,069,000 | $8,360,000 |
| -2760 | SEMPRA ENERGY | 550715 | 553475 | $56.04 | $50.25 | $30,862,000 | $27,812,000 |
| -40 | SKY FINANCIAL GROUP INC | 23973 | 24013 | $28.53 | $24.90 | $684,000 | $598,000 |
| -1700 | STANLEY WORKS/THE | 231865 | 233565 | $50.29 | $49.85 | $11,660,000 | $11,643,000 |
| -6280 | STAPLES INC. | 718432 | 724712 | $26.70 | $24.33 | $19,182,000 | $17,632,000 |
| -22100 | STEWART INFORMATION SVCS CORP | 102200 | 124300 | $43.36 | $34.77 | $4,431,000 | $4,322,000 |
| -13055 | SUMITOMO MITSUI-UNSPONS ADR | 1688370 | 1701425 | $10.24 | $10.50 | $17,287,000 | $17,870,000 |
| -1808 | SUNCOR ENERGY INC | 91917 | 93725 | $78.91 | $72.05 | $7,253,000 | $6,753,000 |
| -499449 | TALISMAN ENERGY INC | 8329170 | 8828619 | $16.99 | $16.38 | $141,513,000 | $144,613,000 |
| -3300 | TECHNIP SA-ADR | 134825 | 138125 | $68.61 | $56.97 | $9,250,000 | $7,869,000 |
| -36377 | TENARIS SA-ADR | 2050848 | 2087225 | $49.89 | $35.38 | $102,317,000 | $73,846,000 |
| -22422 | TEVA PHARMACEUTICAL-SP ADR | 374940 | 397362 | $31.08 | $34.09 | $11,653,000 | $13,546,000 |
| -3550 | TIDEWATER INC | 443825 | 447375 | $48.36 | $44.19 | $21,463,000 | $19,770,000 |
| -3082 | TNT NV-ADR | 254207 | 257289 | $43.08 | $38.02 | $10,951,000 | $9,782,000 |
| -12650 | TORAY INDUSTRIES-ADR | 161625 | 174275 | $74.86 | $75.30 | $12,099,000 | $13,123,000 |
| -8008 | VOLVO AB-SPONSORED ADR | 360957 | 368965 | $68.75 | $59.70 | $24,816,000 | $22,027,000 |
| -8736 | WAL-MART STORES INC | 17481 | 26217 | $46.16 | $49.32 | $807,000 | $1,293,000 |
| -250 | WALMART DE MEXICO-SPON ADR V | 177375 | 177625 | $43.90 | $34.00 | $7,787,000 | $6,040,000 |
| -212711 | WINDSTREAM CORP | 2826775 | 3039486 | $14.22 | $13.19 | $40,197,000 | $40,091,000 |
| -2250 | WOODSIDE PETROLEUM-SP ADR | 264100 | 266350 | $30.04 | $29.29 | $7,933,000 | $7,801,000 |
| -550 | WOORI FINANCE HOLDINGS-ADR | 94825 | 95375 | $71.74 | $63.08 | $6,803,000 | $6,016,000 |
| -5291 | WYETH CORP | 254428 | 259719 | $50.92 | $50.84 | $12,955,000 | $13,204,000 |