2005 Q2 Form 13-F.doc/08-12-05 1.
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, 2005
Check here if Amendment [ ]; Amendment Number: _______________
This Amendment (Check only one): [ ] is a restatement
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Intel Corporation
2200 Mission College Boulevard
Santa Clara, CA 95052-8119
Form 13F File Number: 28-04527
Person Signing this Report on Behalf of Reporting Manager:
Ravi Jacob, Vice President, Finance and Enterprise Services, and
Treasurer (408) 765-1168
---------------------------------------------------------------
ATTENTION--Intentional misstatements or omissions of facts
constitute Federal Criminal Violations. See 18 U.S.C. 1001 and
15 U.S.C. 78ff(a)
---------------------------------------------------------------
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.
Signature, Place and Date of Signing:
/s/ Ravi Jacob Santa Clara, California
------------------- August 8, 2005
Report Type (Check only one):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this
reporting manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this
report, and all holdings are reported by other reporting
manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the
holdings for this reporting manager are reported in this
report and a portion are reported by other manager(s).)
Form 13F SUMMARY PAGE
REPORTING MANAGER: INTEL CORPORATION
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 368
Form 13F Information Table Value Total: $306,994,000
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file
number(s) of all institutional investment managers with respect
to which this report is filed, other than the manager filing this
report.
1. INTEL CAPITAL CORPORATION
6/30/05
FORM 13F INFORMATION TABLE
REPORTING MANAGER: INTEL CORPORATION
ITEM 4: ITEM 5:
FAIR SHARES ITEM 8:
ITEM 2: ITEM 3: MARKET OR ITEM 6: VOTING AUTHORITY
ITEM 1: TITLE OF CUSIP VALUE PRINCIPAL SH/ INVESTMENT ITEM 7: (A) (B) (C)
NAME OF ISSUER CLASS NUMBER (000) AMOUNT PRN DISCRETION MANAGERS SOLE SHARED NONE
3M CO COM 88579Y101 1,670 23,100 SH SOLE 23,100
ABBOTT LABS COM 002824100 2,291 46,744 SH SOLE 46,744
ACE LTD COM G0070K103 381 8,500 SH SOLE 8,500
ADOBE SYS INC COM 00724F101 418 14,600 SH SOLE 14,600
ADVANCED MICRO DEVICES INC COM 007903107 205 11,850 SH SOLE 11,850
AES CORP COM 00130H105 319 19,450 SH SOLE 19,450
AETNA INC COM 00817Y108 727 8,778 SH SOLE 8,778
AFLAC INC COM 001055102 651 15,050 SH SOLE 15,050
AGILENT TECHNOLOGIES INC COM 00846U101 296 12,878 SH SOLE 12,878
AIR PRODS & CHEMS INC COM 009158106 410 6,800 SH SOLE 6,800
ALBERTSONS INC COM 013104104 228 11,001 SH SOLE 11,001
ALCOA INC COM 013817101 681 26,052 SH SOLE 26,052
ALLERGAN INC COM 018490102 332 3,900 SH SOLE 3,900
ALLSTATE CORP COM 020002101 1,212 20,280 SH SOLE 20,280
ALLTEL CORP COM 020039103 567 9,100 SH SOLE 9,100
ALTERA CORP COM 021441100 222 11,200 SH SOLE 11,200
ALTRIA GROUP INC COM 02209S103 4,012 62,049 SH SOLE 62,049
AMBAC FINANCIAL GROUP INC COM 023139108 230 3,300 SH SOLE 3,300
AMERADA HESS CORP COM 023551104 277 2,600 SH SOLE 2,600
AMEREN CORP COM 023608102 321 5,800 SH SOLE 5,800
AMERICAN ELEC PWR INC COM 025537101 423 11,482 SH SOLE 11,482
AMERICAN EXPRESS CO COM 025816109 1,866 35,050 SH SOLE 35,050
AMERICAN INTL GROUP INC COM 026874107 4,534 78,043 SH SOLE 78,043
AMERICAN STD COS INC COM 029712106 226 5,400 SH SOLE 5,400
AMERISOURCEBERGEN CORP COM 03073E105 232 3,350 SH SOLE 3,350
AMGEN INC COM 031162100 2,269 37,535 SH SOLE 37,535
AMSOUTH BANCORPORATION COM 032165102 276 10,600 SH SOLE 10,600
ANADARKO PETE CORP COM 032511107 583 7,093 SH SOLE 7,093
ANALOG DEVICES INC COM 032654105 418 11,200 SH SOLE 11,200
ANHEUSER BUSCH COS INC COM 035229103 1,066 23,300 SH SOLE 23,300
AON CORP COM 037389103 237 9,456 SH SOLE 9,456
APACHE CORP COM 037411105 632 9,788 SH SOLE 9,788
APOLLO GROUP INC COM 037604105 391 5,000 SH SOLE 5,000
APPLE COMPUTER INC COM 037833100 902 24,500 SH SOLE 24,500
APPLIED MATLS INC COM 038222105 809 50,000 SH SOLE 50,000
ARCHER DANIELS MIDLAND CO COM 039483102 399 18,667 SH SOLE 18,667
ARCHSTONE SMITH TR COM 039583109 232 6,000 SH SOLE 6,000
AT&T CORP COM NEW 001957505 457 24,021 SH SOLE 24,021
AUTODESK INC COM 052769106 237 6,900 SH SOLE 6,900
AUTOMATIC DATA PROCESSING INC COM 053015103 735 17,502 SH SOLE 17,502
AVAYA INC COM 053499109 120 14,421 SH SOLE 14,421
AVON PRODS INC COM 054303102 535 14,128 SH SOLE 14,128
BAKER HUGHES INC COM 057224107 515 10,060 SH SOLE 10,060
BANK NEW YORK INC COM 064057102 672 23,340 SH SOLE 23,340
BANK OF AMERICA CORP COM 060505104 5,538 121,414 SH SOLE 121,414
BARD C R INC COM 067383109 206 3,100 SH SOLE 3,100
BAXTER INTL INC COM 071813109 692 18,640 SH SOLE 18,640
BB&T CORP COM 054937107 656 16,400 SH SOLE 16,400
BEAR STEARNS COS INC COM 073902108 351 3,374 SH SOLE 3,374
BECTON DICKINSON & CO COM 075887109 399 7,600 SH SOLE 7,600
BED BATH & BEYOND INC COM 075896100 380 9,100 SH SOLE 9,100
BELLSOUTH CORP COM 079860102 1,458 54,882 SH SOLE 54,882
BEST BUY INC COM 086516101 610 8,900 SH SOLE 8,900
BIOGEN IDEC INC COM 09062X103 344 9,975 SH SOLE 9,975
BIOMET INC COM 090613100 265 7,650 SH SOLE 7,650
BJ SVCS CO COM 055482103 257 4,900 SH SOLE 4,900
BLACK & DECKER CORP COM 091797100 216 2,400 SH SOLE 2,400
BLOCK H & R INC COM 093671105 286 4,900 SH SOLE 4,900
BOEING CO COM 097023105 1,644 24,915 SH SOLE 24,915
BOSTON SCIENTIFIC CORP COM 101137107 615 22,784 SH SOLE 22,784
BRISTOL MYERS SQUIBB CO COM 110122108 1,462 58,546 SH SOLE 58,546
BROADCOM CORP COM 111320107 309 8,700 SH SOLE 8,700
BURLINGTON NORTH SANTA FE CORP COM 12189T104 530 11,267 SH SOLE 11,267
BURLINGTON RES INC COM 122014103 643 11,644 SH SOLE 11,644
CALPINE CORP COM 131347106 54 16,000 SH SOLE 16,000
CAMPBELL SOUP CO COM 134429109 302 9,800 SH SOLE 9,800
CAPITAL ONE FINL CORP COM 14040H105 592 7,400 SH SOLE 7,400
CARDINAL HEALTH INC COM 14149Y108 751 13,050 SH SOLE 13,050
CAREMARK RX INC COM 141705103 610 13,700 SH SOLE 13,700
CARNIVAL CORP PAIRED 143658300 862 15,800 SH SOLE 15,800
CTF
CATERPILLAR INC DEL COM 149123101 981 10,290 SH SOLE 10,290
CENDANT CORP COM 151313103 706 31,581 SH SOLE 31,581
CENTEX CORP COM 152312104 269 3,800 SH SOLE 3,800
CHEVRON CORPORATION COM 166764100 3,522 62,980 SH SOLE 62,980
CHUBB CORP COM 171232101 492 5,750 SH SOLE 5,750
CIENA CORP COM 171779101 36 17,100 SH SOLE 17,100
CIGNA CORP COM 125509109 417 3,900 SH SOLE 3,900
CINCINNATI FINL CORP COM 172062101 201 5,082 SH SOLE 5,082
CINERGY CORP COM 172474108 255 5,700 SH SOLE 5,700
CISCO SYS INC COM 17275R102 3,694 193,618 SH SOLE 193,618
CIT GROUP INC COM 125581108 271 6,300 SH SOLE 6,300
CITIGROUP INC COM 172967101 7,235 156,493 SH SOLE 156,493
CITIZENS COMMUNICATIONS CO CL B 17453B101 134 10,000 SH SOLE 10,000
CLEAR CHANNEL COMMUNICATIONS COM 184502102 489 15,800 SH SOLE 15,800
CLOROX CO DEL COM 189054109 256 4,600 SH SOLE 4,600
COACH INC COM 189754104 383 11,400 SH SOLE 11,400
COCA COLA CO COM 191216100 2,831 67,808 SH SOLE 67,808
COCA COLA ENTERPRISES INC COM 191219104 233 10,600 SH SOLE 10,600
COLGATE PALMOLIVE CO COM 194162103 784 15,700 SH SOLE 15,700
COMCAST CORP COM 20030N101 2,033 66,299 SH SOLE 66,299
COMERICA INC COM 200340107 295 5,100 SH SOLE 5,100
COMPUTER ASSOC INTL INC COM 204912109 437 15,899 SH SOLE 15,899
COMPUTER SCIENCES CORP COM 205363104 249 5,700 SH SOLE 5,700
COMPUWARE CORP COM 205638109 83 11,600 SH SOLE 11,600
CONAGRA FOODS INC COM 205887102 357 15,400 SH SOLE 15,400
CONOCOPHILLIPS COM 20825C104 2,390 41,564 SH SOLE 41,564
CONSOLIDATED EDISON INC COM 209115104 342 7,300 SH SOLE 7,300
CONSTELLATION ENGY GRP INC I COM 210371100 306 5,300 SH SOLE 5,300
CORNING INC COM 219350105 702 42,250 SH SOLE 42,250
COSTCO WHSL CORP COM 22160K105 631 14,100 SH SOLE 14,100
COUNTRYWIDE FINANCIAL CORP COM 222372104 672 17,398 SH SOLE 17,398
CSX CORP COM 126408103 277 6,500 SH SOLE 6,500
CVS CORP COM 126650100 698 24,000 SH SOLE 24,000
DANAHER CORP DEL COM 235851102 429 8,200 SH SOLE 8,200
DEERE & CO COM 244199105 485 7,400 SH SOLE 7,400
DELL INC COM 24702R101 2,906 73,650 SH SOLE 73,650
DELPHI CORPORATION COM 247126105 78 16,758 SH SOLE 16,758
DEVON ENERGY CORP COM 25179M103 730 14,400 SH SOLE 14,400
DISNEY WALT CO COM 254687106 1,544 61,312 SH SOLE 61,312
DOMINION RES INC VA COM 25746U109 747 10,184 SH SOLE 10,184
DONNELLEY R R & SONS CO COM 257867101 224 6,500 SH SOLE 6,500
DOVER CORP COM 260003108 222 6,100 SH SOLE 6,100
DOW CHEM CO COM 260543103 1,273 28,593 SH SOLE 28,593
DTE ENERGY CO COM 233331107 243 5,200 SH SOLE 5,200
DU PONT E I DE NEMOURS & CO COM 263534109 1,288 29,950 SH SOLE 29,950
DUKE ENERGY CORP COM 264399106 837 28,146 SH SOLE 28,146
E TRADE FINANCIAL CORP COM 269246104 155 11,100 SH SOLE 11,100
EASTMAN KODAK CO COM 277461109 232 8,650 SH SOLE 8,650
EATON CORP COM 278058102 276 4,600 SH SOLE 4,600
EBAY INC COM 278642103 1,195 36,200 SH SOLE 36,200
ECOLAB INC COM 278865100 214 6,600 SH SOLE 6,600
EDISON INTL COM 281020107 397 9,800 SH SOLE 9,800
EL PASO CORP COM 28336L109 222 19,314 SH SOLE 19,314
ELECTRONIC ARTS COM 285512109 521 9,200 SH SOLE 9,200
ELECTRONIC DATA SYS NEW COM 285661104 298 15,500 SH SOLE 15,500
EMC CORP MASS COM 268648102 987 72,004 SH SOLE 72,004
EMERSON ELEC CO COM 291011104 792 12,650 SH SOLE 12,650
ENTERGY CORP COM 29364G103 484 6,400 SH SOLE 6,400
EOG RES INC COM 26875P101 409 7,200 SH SOLE 7,200
EQUITY OFFICE PPTYS TR COM 294741103 401 12,100 SH SOLE 12,100
EQUITY RESIDENTIAL SH SH BEN 29476L107 315 8,550 SH SOLE 8,550
INT
EXELON CORP COM 30161N101 1,021 19,900 SH SOLE 19,900
EXPRESS SCRIPTS INC COM 302182100 230 4,600 SH SOLE 4,600
EXXON MOBIL CORP COM 30231G102 10,990 191,225 SH SOLE 191,225
FEDERAL HOME LN MTG CORP COM 313400301 1,343 20,582 SH SOLE 20,582
FEDERAL NATL MTG ASSN COM 313586109 1,697 29,050 SH SOLE 29,050
FEDERATED DEPT STORES INC COM 31410H101 371 5,059 SH SOLE 5,059
FEDEX CORP COM 31428X106 729 9,000 SH SOLE 9,000
FIFTH THIRD BANCORP COM 316773100 642 15,592 SH SOLE 15,592
FIRST DATA CORP COM 319963104 965 24,029 SH SOLE 24,029
FIRSTENERGY CORP COM 337932107 476 9,900 SH SOLE 9,900
FISERV INC COM 337738108 249 5,800 SH SOLE 5,800
FISHER SCIENTIFIC INTL INC COM NEW 338032204 227 3,500 SH SOLE 3,500
FLEXTRONICS INTL LTD ORD Y2573F102 698 52,831 SH DEFINED 1 52,831
FORD MTR CO COM PAR 345370860 561 54,815 SH SOLE 54,815
$0.01
FOREST LABS INC COM 345838106 408 10,500 SH SOLE 10,500
FORTUNE BRANDS INC COM 349631101 381 4,286 SH SOLE 4,286
FPL GROUP INC COM 302571104 492 11,700 SH SOLE 11,700
FRANKLIN RES INC COM 354613101 454 5,900 SH SOLE 5,900
FREEPORT MCMORAN COPPER B COM 35671D857 201 5,361 SH SOLE 5,361
FREESCALE SEMICONDUCTOR INC CL B 35687M206 254 12,006 SH SOLE 12,006
GANNETT INC COM 364730101 533 7,500 SH SOLE 7,500
GAP INC DEL COM 364760108 437 22,125 SH SOLE 22,125
GENERAL DYNAMICS CORP COM 369550108 657 6,000 SH SOLE 6,000
GENERAL ELEC CO COM 369604103 10,997 317,384 SH SOLE 317,384
GENERAL MLS INC COM 370334104 510 10,900 SH SOLE 10,900
GENERAL MTRS CORP COM 370442105 574 16,874 SH SOLE 16,874
GENUINE PARTS CO COM 372460105 216 5,250 SH SOLE 5,250
GENZYME CORP COM 372917104 445 7,400 SH SOLE 7,400
GEORGIA PAC CORP COM 373298108 249 7,818 SH SOLE 7,818
GILEAD SCIENCES INC COM 375558103 572 13,000 SH SOLE 13,000
GILLETTE CO COM 375766102 1,506 29,750 SH SOLE 29,750
GOLDEN WEST FINL CORP DEL COM 381317106 547 8,500 SH SOLE 8,500
GOLDMAN SACHS GROUP INC COM 38141G104 1,367 13,400 SH SOLE 13,400
GUIDANT CORP COM 401698105 653 9,700 SH SOLE 9,700
HALLIBURTON CO COM 406216101 722 15,100 SH SOLE 15,100
HARLEY DAVIDSON INC COM 412822108 432 8,700 SH SOLE 8,700
HARRAHS ENTMT INC COM 413619107 245 3,400 SH SOLE 3,400
HARTFORD FINL SVCS GROUP INC COM 416515104 666 8,900 SH SOLE 8,900
HCA INC COM 404119109 694 12,250 SH SOLE 12,250
HEINZ H J CO COM 423074103 372 10,500 SH SOLE 10,500
HERSHEY COMPANY COM 427866108 410 6,600 SH SOLE 6,600
HEWLETT PACKARD CO COM 428236103 2,039 86,716 SH SOLE 86,716
HILTON HOTELS CORP COM 432848109 274 11,500 SH SOLE 11,500
HOME DEPOT INC COM 437076102 2,562 65,850 SH SOLE 65,850
HONEYWELL INTL INC COM 438516106 932 25,457 SH SOLE 25,457
IBM CORP COM 459200101 3,630 48,918 SH SOLE 48,918
ILLINOIS TOOL WKS INC COM 452308109 653 8,200 SH SOLE 8,200
INGERSOLL-RAND COMPANY LTD COM G4776G101 371 5,200 SH SOLE 5,200
INTERNATIONAL GAME TECHNOLOGY COM 459902102 290 10,300 SH SOLE 10,300
INTERNATIONAL PAPER CO COM 460146103 445 14,716 SH SOLE 14,716
INTERPUBLIC GROUP COS INC COM 460690100 155 12,700 SH SOLE 12,700
INTUIT COM 461202103 253 5,600 SH SOLE 5,600
ITT INDS INC IND COM 450911102 273 2,800 SH SOLE 2,800
JC PENNEY CO INC COM 708160106 454 8,628 SH SOLE 8,628
JDS UNIPHASE CORP COM 46612J101 66 43,300 SH SOLE 43,300
JEFFERSON PILOT CORP COM 475070108 208 4,125 SH SOLE 4,125
JOHNSON & JOHNSON COM 478160104 5,789 89,066 SH SOLE 89,066
JOHNSON CTLS INC COM 478366107 321 5,700 SH SOLE 5,700
JPMORGAN CHASE & CO COM 46625H100 3,760 106,444 SH SOLE 106,444
KELLOGG CO COM 487836108 466 10,480 SH SOLE 10,480
KERR MCGEE CORP COM 492386107 376 4,928 SH SOLE 4,928
KEYCORP COM 493267108 404 12,184 SH SOLE 12,184
KIMBERLY CLARK CORP COM 494368103 901 14,400 SH SOLE 14,400
KINDER MORGAN INC KANS COM 49455P101 275 3,300 SH SOLE 3,300
KLA TENCOR CORP COM 482480100 258 5,900 SH SOLE 5,900
KOHLS CORP COM 500255104 548 9,800 SH SOLE 9,800
KROGER CO COM 501044101 418 21,950 SH SOLE 21,950
L-3 COMMUNICATIONS HLDGS INC COM 502424104 260 3,400 SH SOLE 3,400
LABORATORY CORP AMER HLDGS COM 50540R409 200 4,000 SH SOLE 4,000
LEHMAN BROS HLDGS INC COM 524908100 824 8,300 SH SOLE 8,300
LEXMARK INTERNATIONAL INC COM 529771107 246 3,800 SH SOLE 3,800
LILLY ELI & CO COM 532457108 1,891 33,950 SH SOLE 33,950
LIMITED BRANDS INC COM 532716107 244 11,406 SH SOLE 11,406
LINCOLN NATL CORP IND COM 534187109 244 5,200 SH SOLE 5,200
LINEAR TECHNOLOGY CORP COM 535678106 338 9,200 SH SOLE 9,200
LOCKHEED MARTIN CORP COM 539830109 781 12,044 SH SOLE 12,044
LOEWS CORP COM 540424108 372 4,800 SH SOLE 4,800
LOWES COS INC COM 548661107 1,345 23,100 SH SOLE 23,100
LSI LOGIC CORP COM 502161102 98 11,500 SH SOLE 11,500
LUCENT TECHNOLOGIES INC COM 549463107 386 132,711 SH SOLE 132,711
M & T BK CORP COM 55261F104 305 2,900 SH SOLE 2,900
MARATHON OIL CORP COM 565849106 555 10,400 SH SOLE 10,400
MARRIOTT INTL INC COM 571903202 409 6,000 SH SOLE 6,000
MARSH & MCLENNAN COS INC COM 571748102 436 15,758 SH SOLE 15,758
MARSHALL & ILSLEY CORP COM 571834100 276 6,200 SH SOLE 6,200
MASCO CORP COM 574599106 426 13,400 SH SOLE 13,400
MATRIXONE INC COM 57685P304 77 15,405 SH SOLE 15,405
MATRIXONE INC COM 57685P304 12 2,301 SH DEFINED 1 2,301
MATTEL INC COM 577081102 228 12,475 SH SOLE 12,475
MAXIM INTEGRATED PRODS INC COM 57772K101 375 9,800 SH SOLE 9,800
MAY DEPT STORES CO COM 577778103 349 8,700 SH SOLE 8,700
MBIA INC COM 55262C100 249 4,200 SH SOLE 4,200
MBNA CORP COM 55262L100 1,001 38,280 SH SOLE 38,280
MCDONALDS CORP COM 580135101 1,057 38,104 SH SOLE 38,104
MCGRAW HILL COS INC COM 580645109 504 11,400 SH SOLE 11,400
MCKESSON CORP COM 58155Q103 395 8,813 SH SOLE 8,813
MEDCO HEALTH SOLUTIONS INC COM 58405U102 439 8,230 SH SOLE 8,230
MEDTRONIC INC COM 585055106 1,873 36,162 SH SOLE 36,162
MELLON FINL CORP COM 58551A108 366 12,750 SH SOLE 12,750
MERCK & CO INC COM 589331107 2,036 66,116 SH SOLE 66,116
MERRILL LYNCH & CO INC COM 590188108 1,536 27,918 SH SOLE 27,918
METLIFE INC COM 59156R108 989 22,000 SH SOLE 22,000
MICRON TECHNOLOGY INC COM 595112103 188 18,400 SH SOLE 18,400
MICROSOFT CORP COM 594918104 7,525 302,950 SH SOLE 302,950
MONSANTO CO COM 61166W101 505 8,033 SH SOLE 8,033
MOODYS CORP COM 615369105 369 8,200 SH SOLE 8,200
MORGAN STANLEY COM 617446448 1,745 33,256 SH SOLE 33,256
MOTOROLA INC COM 620076109 1,340 73,398 SH SOLE 73,398
NABORS INDUSTRIES LTD SHS G6359F103 255 4,200 SH SOLE 4,200
NATIONAL CITY CORP3 COM 635405103 607 17,800 SH SOLE 17,800
NATIONAL OILWELL VARCO INC COM 637071101 238 5,000 SH SOLE 5,000
NATIONAL SEMICONDUCTOR CORP COM 637640103 234 10,600 SH SOLE 10,600
NETWORK APPLIANCE INC COM 64120L104 311 11,000 SH SOLE 11,000
NEWMONT MINING CORP HOLDING CO COM 651639106 518 13,262 SH SOLE 13,262
NEWS CORPORATION3 COM 65248E104 1,246 77,000 SH SOLE 77,000
NEXTEL COMMUNICATIONS INC COM 65332V103 1,089 33,700 SH SOLE 33,700
NIKE INC CL B 654106103 598 6,900 SH SOLE 6,900
NISOURCE INC COM 65473P105 200 8,100 SH SOLE 8,100
NOBLE CORP COM G65422100 252 4,100 SH SOLE 4,100
NORDSTROM INC COM 655664100 258 3,800 SH SOLE 3,800
NORFOLK SOUTHN CORP COM 655844108 373 12,050 SH SOLE 12,050
NORTHERN TR CORP COM 665859104 278 6,100 SH SOLE 6,100
NORTHFORK BANCORPORATION INC COM 659424105 397 14,125 SH SOLE 14,125
NORTHROP GRUMMAN CORP COM 666807102 594 10,758 SH SOLE 10,758
NOVELL INC COM 670006105 71 11,394 SH SOLE 11,394
NUCOR CORP COM 670346105 219 4,800 SH SOLE 4,800
OCCIDENTAL PETE CORP COM 674599105 915 11,900 SH SOLE 11,900
OFFICE DEPOT INC COM 676220106 215 9,400 SH SOLE 9,400
OMNICOM GROUP INC COM 681919106 447 5,600 SH SOLE 5,600
ORACLE CORPORATION COM 68389X105 1,777 134,634 SH SOLE 134,634
PACCAR INC COM 693718108 352 5,175 SH SOLE 5,175
PARKER HANNIFIN CORP COM 701094104 226 3,650 SH SOLE 3,650
PAYCHEX INC COM 704326107 347 10,675 SH SOLE 10,675
PEPSICO INC COM 713448108 2,713 50,300 SH SOLE 50,300
PFIZER INC COM 717081103 6,160 223,364 SH SOLE 223,364
PG&E CORP COM 69331C108 405 10,796 SH SOLE 10,796
PHELPS DODGE CORP COM 717265102 272 2,943 SH SOLE 2,943
PITNEY BOWES INC COM 724479100 300 6,900 SH SOLE 6,900
PLUM CREEK TIMBER CO INC COM 729251108 201 5,550 SH SOLE 5,550
PNC FINANCIAL SERVICES GROUP COM 693475105 463 8,500 SH SOLE 8,500
PPG INDS INC COM 693506107 324 5,170 SH SOLE 5,170
PPL CORP COM 69351T106 338 5,700 SH SOLE 5,700
PRAXAIR INC COM 74005P104 450 9,662 SH SOLE 9,662
PRICE T ROWE GROUP INC COM 74144T108 232 3,700 SH SOLE 3,700
PRINCIPAL FINANCIAL GROUP INC COM 74251V102 377 9,000 SH SOLE 9,000
PROCTER & GAMBLE CO COM 742718109 3,983 75,500 SH SOLE 75,500
PROGRESS ENERGY INC COM 743263105 335 7,400 SH SOLE 7,400
PROGRESSIVE CORP OHIO COM 743315103 593 6,000 SH SOLE 6,000
PROLOGIS INT COM 743410102 221 5,500 SH SOLE 5,500
PRUDENTIAL FINL INC COM 744320102 1,033 15,725 SH SOLE 15,725
PUBLIC SVC ENTERPRISE GROUP COM 744573106 431 7,094 SH SOLE 7,094
PULTE HOMES INC COM 745867101 295 3,500 SH SOLE 3,500
QUALCOMM INC COM 747525103 1,627 49,300 SH SOLE 49,300
QUEST DIAGNOSTICS INC COM 74834L100 288 5,400 SH SOLE 5,400
QWEST COMMUNICATIONS INTL INC COM 749121109 186 50,098 SH SOLE 50,098
RAYTHEON CO COM 755111507 532 13,600 SH SOLE 13,600
REGIONS FINL CORP COM 7591EP100 473 13,948 SH SOLE 13,948
REYNOLDS AMERN INC COM 761713106 276 3,500 SH SOLE 3,500
ROCKWELL AUTOMATION INC COM 773903109 253 5,200 SH SOLE 5,200
ROCKWELL COLLINS INC COM 774341101 253 5,300 SH SOLE 5,300
ROHM & HAAS CO COM 775371107 268 5,792 SH SOLE 5,792
SAFECO CORP COM 786429100 206 3,800 SH SOLE 3,800
SAFEWAY INC COM 786514208 303 13,400 SH SOLE 13,400
SANMINA-SCI CORP COM 800907107 86 15,750 SH SOLE 15,750
SARA LEE CORP COM 803111103 469 23,650 SH SOLE 23,650
SBC COMMUNICATIONS INC COM 78387G103 2,350 98,944 SH SOLE 98,944
SCHERING PLOUGH CORP COM 806605101 843 44,250 SH SOLE 44,250
SCHLUMBERGER LTD COM 806857108 1,344 17,700 SH SOLE 17,700
SCHWAB CHARLES CORP COM 808513105 388 34,400 SH SOLE 34,400
SEARS HLDGS CORP COM 812350106 288 1,919 SH SOLE 1,919
SEMPRA ENERGY COM 816851109 292 7,060 SH SOLE 7,060
SIEBEL SYS INC COM 826170102 137 15,400 SH SOLE 15,400
SIMON PPTY GROUP INC COM 828806109 478 6,600 SH SOLE 6,600
SLM CORP COM 78442P106 655 12,900 SH SOLE 12,900
SOLECTRON CORP COM 834182107 110 29,100 SH SOLE 29,100
SOUTHERN CO COM 842587107 771 22,250 SH SOLE 22,250
SOUTHWEST AIRLS CO COM 844741108 308 22,075 SH SOLE 22,075
SOVEREIGN BANCORP INC COM 845905108 250 11,200 SH SOLE 11,200
SPRINT CORPORATION COM FON 852061100 1,111 44,270 SH SOLE 44,270
ST JUDE MED INC COM 790849103 472 10,824 SH SOLE 10,824
ST PAUL TRAVELERS COS INC COM 792860108 796 20,140 SH SOLE 20,140
STAPLES INC COM 855030102 474 22,275 SH SOLE 22,275
STARBUCKS CORP COM 855244109 620 12,000 SH SOLE 12,000
STARWOOD HOTELS & RESORTS PAIRED 85590A203 375 6,400 SH SOLE 6,400
CTF
STATE STREET CORP COM 857477103 483 10,000 SH SOLE 10,000
STRYKER CORP COM 863667101 533 11,200 SH SOLE 11,200
SUN MICROSYSTEMS INC COM 866810104 378 101,214 SH SOLE 101,214
SUNGARD DATA SYS INC COM 867363103 308 8,750 SH SOLE 8,750
SUNOCO INC COM 86764P109 239 2,100 SH SOLE 2,100
SUNTRUST BKS INC COM 867914103 737 10,200 SH SOLE 10,200
SYMANTEC CORP COM 871503108 463 21,300 SH SOLE 21,300
SYNOVUS FINL CORP COM 87161C105 268 9,350 SH SOLE 9,350
SYSCO CORP COM 871829107 691 19,100 SH SOLE 19,100
TARGET CORP COM 87612E106 1,461 26,850 SH SOLE 26,850
TELLABS INC COM 879664100 120 13,800 SH SOLE 13,800
TENET HEALTHCARE CORP COM 88033G100 171 13,974 SH SOLE 13,974
TEXAS INSTRS INC COM 882508104 1,448 51,600 SH SOLE 51,600
TEXTRON INC COM 883203101 303 4,000 SH SOLE 4,000
TIME WARNER INC COM 887317105 2,299 137,595 SH SOLE 137,595
TJX COS INC COM 872540109 351 14,400 SH SOLE 14,400
TRANSOCEAN INC COM G90078109 518 9,604 SH SOLE 9,604
TRIBUNE CO COM 896047107 314 8,926 SH SOLE 8,926
TXU CORP COM 873168108 598 7,202 SH SOLE 7,202
TYCO INTL LTD COM 902124106 1,760 60,280 SH SOLE 60,280
UNION PAC CORP COM 907818108 505 7,800 SH SOLE 7,800
UNISYS CORP COM 909214108 64 10,100 SH SOLE 10,100
UNITED HEALTH GROUP INC COM 91324P102 1,997 38,304 SH SOLE 38,304
UNITED PARCEL SVC INC CL B 911312106 2,320 33,550 SH SOLE 33,550
UNITED TECHNOLOGIES CORP COM 913017109 1,571 30,600 SH SOLE 30,600
UNIVISION COMMUNICATIONS INC COM 914906102 240 8,700 SH SOLE 8,700
UNOCAL CORP COM 915289102 530 8,150 SH SOLE 8,150
US BANCORP COM 902973304 1,622 55,547 SH SOLE 55,547
UST INC COM 902911106 227 4,974 SH SOLE 4,974
VALERO ENERGY CORP COM 91913Y100 609 7,700 SH SOLE 7,700
VERITAS SOFTWARE CO COM 923436109 308 12,615 SH SOLE 12,615
VERIZON COMMUNICATIONS COM 92343V104 2,868 82,998 SH SOLE 82,998
VIACOM INC COM 925524308 1,637 51,127 SH SOLE 51,127
VULCAN MATLS CO COM 929160109 201 3,100 SH SOLE 3,100
WACHOVIA CORP COM 929903102 2,357 47,513 SH SOLE 47,513
WAL MART STORES INC COM 931142103 4,890 101,452 SH SOLE 101,452
WALGREEN CO COM 931422109 1,410 30,650 SH SOLE 30,650
WASHINGTON MUTUAL INC COM 939322103 1,065 26,173 SH SOLE 26,173
WASTE MGMT INC COM 94106L109 481 16,963 SH SOLE 16,963
WELLPOINT INC COM 94973V107 1,267 18,200 SH SOLE 18,200
WELLS FARGO & CO COM 949746101 3,127 50,774 SH SOLE 50,774
WEYERHAEUSER CO COM 962166104 466 7,317 SH SOLE 7,317
WILLIAMS COS INC COM 969457100 325 17,100 SH SOLE 17,100
WRIGLEY WM JR CO COM 982526105 406 5,900 SH SOLE 5,900
WYETH COM 983024100 1,781 40,026 SH SOLE 40,026
XCEL ENERGY INC COM 98389B100 235 12,035 SH SOLE 12,035
XEROX CORP COM 984121103 396 28,700 SH SOLE 28,700
XILINX INC COM 983919101 265 10,400 SH SOLE 10,400
XL CAP LTD COM G98255105 313 4,200 SH SOLE 4,200
XTO ENERGY INC COM 98385X106 352 10,366 SH SOLE 10,366
YAHOO INC COM 984332106 1,355 39,100 SH SOLE 39,100
YUM BRANDS INC COM 988498101 452 8,684 SH SOLE 8,684
ZIMMER HLDGS INC COM 98956P102 563 7,389 SH SOLE 7,389