UNITED STATES

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    Form 13F

                               Form 13F COVER PAGE

Report for the Calendar Year or Quarter Ended: September 30, 2001

Check here if Amendment [ ]; Amendment Number-
  This Amendment (Check only one.) [ ]is a restatement
                                   [ ]adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:      Verizon Investment Management Corp.
Address:   695 Main Street, 6th Floor
           Stamford, Connecticut  06901

Form 13F File Number: 028-04063

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:  Marie LoGiudice
       ---------------
Title: Vice President-Operations
       -------------------------
Phone: 203 965-3726
       -----------------------------

Signature, Place, and Date of Signing:

           /s/                     Stamford, Connecticut           11/08/01
          -------------------     ----------------------          ----------
             [Signature]               [City, State]                [Date]

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 reporting manager(s).)



                                    Form 13F SUMMARY PAGE

Report summary:


Number of Other Included Managers:                0
                                                ------------

Form 13F Information Table Entry Total:           849
                                                ------------

Form 13F Information Table Value Total:         $8,387,432
                                                ------------
                                               (thousands)

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.

       NONE
       -----------------------------------------------------------------------



                       VERIZON INVESTMENT MANAGEMENT CORP.
                     FORM 13F - SOLE INSTR V. NONE AUTHORITY
                               SEPTEMBER 30, 2001



           ITEM 1:                 ITEM 2:     ITEM 3:    ITEM 4:      ITEM 5:       ITEM 6:        ITEM 7:         ITEM 8:

                                                                                 INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                               (A)    (B)      (C)            (A)   (B)      (C)
                                                        PENSION FAIR SHARES OR       SHARED          MANAGERS
                                               CUSIP    MARKET VALUE PRINCIPAL       AS DEF.  SHARED   SEE
NAME OF ISSUER                 TITLE OF CLASS  NUMBER      ($000)     AMOUNT    SOLE INSTR. V OTHER  INSTR.V  SOLE SHARED    NONE
                                                                                          
AMDOCS LTD                     ORD             G02602103          922     34,600   X                                          34,600
EVEREST RE GROUP LTD           COM             G3223R108        6,580    101,700   X                                         101,700
GLOBAL CROSSING LTD            COM             G3921A100          577    320,480   X                                         320,480
TRANSOCEAN SEDCO FOREX INC     ORD             G90078109        2,543     96,312   X                                          96,312
WHITE MTNS INS GROUP LTD       COM             G9618E107        4,762     14,300   X                                          14,300
XL CAP LTD                     CL A            G98255105        3,600     45,568   X                                          45,568
CHECK POINT SOFTWARE TECH LTD  ORD             M22465104          951     43,200   X                                          43,200
A D C TELECOMMUNICATIONS       COM             000886101        1,384    396,600   X                                         396,600
AFLAC INC                      COM             001055102        8,138    301,400   X                                         301,400
AES CORP                       COM             00130H105        4,215    328,800   X                                         328,800
AK STL HLDG CORP               COM             001547108          590     69,800   X                                          69,800
AMR CORP                       COM             001765106        2,850    148,898   X                                         148,898
AOL TIME WARNER INC            COM             00184A105      143,689  4,341,058   X                                       4,341,058
AT&T CORP                      COM             001957109       54,228  2,809,724   X                                       2,809,724
AT&T WIRELESS SVCS INC         COM             00209A106       25,795  1,726,551   X                                       1,726,551
AVX CORP NEW                   COM             002444107          529     32,500   X                                          32,500
ABBOTT LABS                    COM             002824100       85,340  1,645,904   X                                       1,645,904
ABERCROMBIE & FITCH CO         CL A            002896207        1,365     77,600   X                                          77,600
ABGENIX INC                    COM             00339B107          436     19,200   X                                          19,200
ACTERNA CORP                   COM             00503U105          110     34,600   X                                          34,600
ADELPHIA COMMUNICATIONS CORP   CL A            006848105          204      9,200   X                                           9,200
ADOBE SYS INC                  COM             00724F101        6,654    277,500   X                                         277,500
ADVANCED FIBRE COMMUNICATIONS  COM             00754A105        2,605    178,300   X                                         178,300
ADVO INC                       COM             007585102        1,010     29,700   X                                          29,700
ADVANCEPCS                     COM             00790K109        3,410     47,500   X                                          47,500
ADVANCED MICRO DEVICES INC     COM             007903107        2,913    357,384   X                                         357,384
ADVENT SOFTWARE INC            COM             007974108          256      6,800   X                                           6,800
AETNA INC NEW                  COM             00817Y108        1,469     50,850   X                                          50,850
AFFILIATED COMPUTER SERVICES   CL A            008190100        3,509     43,100   X                                          43,100
AFFYMETRIX INC                 COM             00826T108          547     34,100   X                                          34,100
AGERE SYS INC                  CL A            00845V100          527    127,300   X                                         127,300
AGILENT TECHNOLOGIES INC       COM             00846U101        3,797    194,229   X                                         194,229
AIR PRODS & CHEMS INC          COM             009158106        9,901    256,648   X                                         256,648
ALBERTO CULVER CO              CL B CONV       013068101          744     19,122   X                                          19,122
ALBERTSONS INC                 COM             013104104       15,144    475,044   X                                         475,044
ALCAN INC                      COM             013716105        5,604    186,794   X                                         186,794
ALCOA INC                      COM             013817101       22,738    733,244   X                                         733,244
ALKERMES INC                   COM             01642T108          311     15,900   X                                          15,900
ALLEGHENY ENERGY INC           COM             017361106        5,494    149,700   X                                         149,700
ALLEGHENY TECHNOLOGIES INC     COM             01741R102        1,778    133,421   X                                         133,421
ALLEGIANCE TELECOM INC         COM             01747T102           52     17,200   X                                          17,200
ALLERGAN INC                   COM             018490102       10,596    159,812   X                                         159,812
ALLIED CAP CORP NEW            COM             01903Q108          307     13,500   X                                          13,500
ALLIED WASTE INDS INC          COM PAR$.01NEW  019589308        1,074     84,200   X                                          84,200
ALLSTATE CORP                  COM             020002101       29,303    784,560   X                                         784,560
ALLTEL CORP                    COM             020039103       13,647    235,500   X                                         235,500
ALTERA CORP                    COM             021441100        7,337    447,900   X                                         447,900
AMAZON COM INC                 COM             023135106          860    144,000   X                                         144,000
AMBAC FINL GROUP INC           COM             023139108       15,535    283,949   X                                         283,949
AMERADA HESS CORP              COM             023551104        6,113     96,267   X                                          96,267
AMEREN CORP                    COM             023608102        4,730    123,166   X                                         123,166
AMERICAN EAGLE OUTFITTERS NEW  COM             02553E106          247     12,400   X                                          12,400
AMERICAN ELEC PWR INC          COM             025537101        6,550    151,521   X                                         151,521
AMERICAN EXPRESS CO            COM             025816109       22,559    776,290   X                                         776,290
AMERICAN GREETINGS CORP        CL A            026375105          255     19,269   X                                          19,269
AMERICAN HOME PRODS CORP       COM             026609107       66,706  1,145,160   X                                       1,145,160
AMERICAN INTL GROUP INC        COM             026874107      173,127  2,219,578   X                                       2,219,578
AMERICAN PWR CONVERSION CORP   COM             029066107          795     68,100   X                                          68,100


                                       1


                       VERIZON INVESTMENT MANAGEMENT CORP.
                     FORM 13F - SOLE INSTR V. NONE AUTHORITY
                               SEPTEMBER 30, 2001



           ITEM 1:                 ITEM 2:     ITEM 3:    ITEM 4:      ITEM 5:       ITEM 6:        ITEM 7:         ITEM 8:

                                                                                 INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                               (A)    (B)      (C)            (A)   (B)      (C)
                                                        PENSION FAIR SHARES OR       SHARED          MANAGERS
                                               CUSIP    MARKET VALUE PRINCIPAL       AS DEF.  SHARED   SEE
NAME OF ISSUER                 TITLE OF CLASS  NUMBER      ($000)     AMOUNT    SOLE INSTR. V OTHER  INSTR.V  SOLE SHARED    NONE
                                                                                          
AMERICAN STD COS INC DEL       COM             029712106        1,925     35,000   X                                          35,000
AMERICAN TOWER CORP            CL A            029912201          333     24,000   X                                          24,000
AMERICAN WTR WKS INC           COM             030411102        8,923    225,900   X                                         225,900
AMERICREDIT CORP               COM             03060R101        1,423     45,000   X                                          45,000
AMERITRADE HLDG CORP           CL A            03072H109          109     27,300   X                                          27,300
AMERISOURCEBERGEN CORP         COM             03073E105       10,188    143,594   X                                         143,594
AMETEK INC NEW                 COM             031100100        3,453    131,400   X                                         131,400
AMGEN INC                      COM             031162100       53,411    908,812   X                                         908,812
AMKOR TECHNOLOGY INC           COM             031652100          266     25,300   X                                          25,300
AMPHENOL CORP NEW              CL A            032095101          862     24,800   X                                          24,800
AMSOUTH BANCORPORATION         COM             032165102        3,247    179,700   X                                         179,700
ANADARKO PETE CORP             COM             032511107       16,438    341,894   X                                         341,894
ANALOG DEVICES INC             COM             032654105        9,248    282,800   X                                         282,800
ANDREW CORP                    COM             034425108          449     24,699   X                                          24,699
ANDRX GROUP                    COM             034553107          948     14,600   X                                          14,600
ANHEUSER BUSCH COS INC         COM             035229103       32,749    781,964   X                                         781,964
ANIXTER INTL INC               COM             035290105          357     14,400   X                                          14,400
AON CORP                       COM             037389103        5,494    130,800   X                                         130,800
APACHE CORP                    COM             037411105        3,616     84,100   X                                          84,100
APOGENT TECHNOLOGIES INC       COM             03760A101          311     13,000   X                                          13,000
APOLLO GROUP INC               CL A            037604105        1,725     41,050   X                                          41,050
APPLE COMPUTER INC             COM             037833100        1,939    125,032   X                                         125,032
APPLERA CORP                   COM AP BIO GRP  038020103        3,214    131,736   X                                         131,736
APPLIED MICRO CIRCUITS CORP    COM             03822W109        1,345    192,400   X                                         192,400
APPLIED MATLS INC              COM             038222105       27,627    971,400   X                                         971,400
ARCHER DANIELS MIDLAND CO      COM             039483102        3,556    282,421   X                                         282,421
ARIBA INC                      COM             04033V104           58     31,000   X                                          31,000
ASHLAND INC                    COM             044204105        2,821     73,187   X                                          73,187
ASIAINFO HLDGS INC             COM             04518A104          285     24,000   X                                          24,000
AT HOME CORP                   COM SER A       045919107            5     31,000   X                                          31,000
ATMEL CORP                     COM             049513104          412     61,700   X                                          61,700
AUTODESK INC                   COM             052769106        1,858     57,956   X                                          57,956
AUTOMATIC DATA PROCESSING INC  COM             053015103       17,878    380,064   X                                         380,064
AUTONATION INC                 COM             05329W102          126     14,300   X                                          14,300
AUTOZONE INC                   COM             053332102        2,380     45,900   X                                          45,900
AVAYA INC                      COM             053499109        1,553    156,857   X                                         156,857
AVERY DENNISON CORP            COM             053611109        4,433     93,700   X                                          93,700
AVON PRODS INC                 COM             054303102        8,155    176,332   X                                         176,332
AXCELIS TECHNOLOGIES INC       COM             054540109          230     24,300   X                                          24,300
BB&T CORP                      COM             054937107        6,886    188,917   X                                         188,917
BCE INC                        COM             05534B109        2,867    130,000   X                                         130,000
BISYS GROUP INC                COM             055472104        2,179     41,100   X                                          41,100
BJS WHOLESALE CLUB INC         COM             05548J106        5,047    106,000   X                                         106,000
BJ SVCS CO                     COM             055482103        2,160    121,400   X                                         121,400
BMC SOFTWARE INC               COM             055921100        2,101    165,400   X                                         165,400
BAKER HUGHES INC               COM             057224107        9,396    324,573   X                                         324,573
BALL CORP                      COM             058498106          502      8,382   X                                           8,382
BANK OF AMERICA CORPORATION    COM             060505104       73,714  1,262,222   X                                       1,262,222
BANK NEW YORK INC              COM             064057102       19,177    547,900   X                                         547,900
BANK ONE CORP                  COM             06423A103       17,982    571,386   X                                         571,386
BANKNORTH GROUP INC NEW        COM             06646R107       10,240    458,800   X                                         458,800
BARD C R INC                   COM             067383109       12,953    251,952   X                                         251,952
BARNES GROUP INC               COM             067806109          903     42,400   X                                          42,400
BARRICK GOLD CORP              COM             067901108        2,081    119,968   X                                         119,968
BARR LABS INC                  COM             068306109        3,881     49,087   X                                          49,087
BAUSCH & LOMB INC              COM             071707103          546     19,284   X                                          19,284
BAXTER INTL INC                COM             071813109       38,529    699,898   X                                         699,898
BEA SYS INC                    COM             073325102        2,885    300,800   X                                         300,800


                                       2


                       VERIZON INVESTMENT MANAGEMENT CORP.
                     FORM 13F - SOLE INSTR V. NONE AUTHORITY
                               SEPTEMBER 30, 2001



           ITEM 1:                 ITEM 2:     ITEM 3:    ITEM 4:      ITEM 5:       ITEM 6:        ITEM 7:         ITEM 8:

                                                                                 INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                               (A)    (B)      (C)            (A)   (B)      (C)
                                                        PENSION FAIR SHARES OR       SHARED          MANAGERS
                                               CUSIP    MARKET VALUE PRINCIPAL       AS DEF.  SHARED   SEE
NAME OF ISSUER                 TITLE OF CLASS  NUMBER      ($000)     AMOUNT    SOLE INSTR. V OTHER  INSTR.V  SOLE SHARED    NONE
                                                                                          

BEAR STEARNS COS INC           COM             073902108        7,437    148,716   X                                         148,716
BECKMAN COULTER INC            COM             075811109        6,253    141,300   X                                         141,300
BECTON DICKINSON & CO          COM             075887109        7,079    191,332   X                                         191,332
BED BATH & BEYOND INC          COM             075896100        6,869    269,800   X                                         269,800
BELLSOUTH CORP                 COM             079860102       60,919  1,466,152   X                                       1,466,152
BEMIS INC                      COM             081437105          752     18,877   X                                          18,877
BERKSHIRE HATHAWAY INC DEL     CL A            084670108       11,900        170   X                                             170
BEST BUY INC                   COM             086516101        9,854    216,800   X                                         216,800
BIG LOTS INC                   COM             089302103          345     41,575   X                                          41,575
BIOGEN INC                     COM             090597105        4,569     82,200   X                                          82,200
BIOMET INC                     COM             090613100       10,877    371,877   X                                         371,877
BLACK & DECKER CORP            COM             091797100        1,026     32,871   X                                          32,871
BLOCK H & R INC                COM             093671105        7,019    182,018   X                                         182,018
BOEING CO                      COM             097023105       35,352  1,055,277   X                                       1,055,277
BOISE CASCADE CORP             COM             097383103        1,142     38,718   X                                          38,718
BORG WARNER INC                COM             099724106          733     18,200   X                                          18,200
BOSTON SCIENTIFIC CORP         COM             101137107        3,061    149,300   X                                         149,300
BOWATER INC                    COM             102183100          907     20,600   X                                          20,600
BRINKER INTL INC               COM             109641100        2,700    114,301   X                                         114,301
BRISTOL MYERS SQUIBB CO        COM             110122108       85,237  1,534,144   X                                       1,534,144
BROADCOM CORP                  CL A            111320107        4,072    200,600   X                                         200,600
BROADVISION INC                COM             111412102           48     52,200   X                                          52,200
BROADWING INC                  COM             111620100          195     12,100   X                                          12,100
BROCADE COMMUNICATIONS SYS INC COM             111621108        1,264     90,100   X                                          90,100
BROWN FORMAN CORP              CL B            115637209        1,443     22,846   X                                          22,846
BRUNSWICK CORP                 COM             117043109          517     31,368   X                                          31,368
BURLINGTON NORTHN SANTA FE CP  COM             12189T104        5,562    207,941   X                                         207,941
BURLINGTON RES INC             COM             122014103        3,745    109,463   X                                         109,463
C&D TECHNOLOGIES INC           COM             124661109          230     12,500   X                                          12,500
CDW COMPUTER CTRS INC          COM             125129106          391     10,800   X                                          10,800
C H ROBINSON WORLDWIDE INC     COM             12541W100        3,423    118,200   X                                         118,200
CIGNA CORP                     COM             125509109       14,570    175,654   X                                         175,654
CMGI INC                       COM             125750109           14     14,300   X                                          14,300
CMS ENERGY CORP                COM             125896100        1,650     82,500   X                                          82,500
CNET NETWORKS INC              COM             12613R104           70     16,200   X                                          16,200
CSG SYS INTL INC               COM             126349109          480     11,700   X                                          11,700
CSX CORP                       COM             126408103        4,700    149,214   X                                         149,214
CVS CORP                       COM             126650100        8,302    250,056   X                                         250,056
CABLEVISION SYS CORP           CL A NY CABLVS  12686C109          938     22,900   X                                          22,900
CABOT CORP                     COM             127055101        3,563     89,300   X                                          89,300
CABOT MICROELECTRONICS CORP    COM             12709P103          290      6,000   X                                           6,000
CADENCE DESIGN SYSTEM INC      COM             127387108        2,975    178,700   X                                         178,700
CALPINE CORP                   COM             131347106        6,950    304,700   X                                         304,700
CAMPBELL SOUP CO               COM             134429109        5,180    185,016   X                                         185,016
CAPITAL ONE FINL CORP          COM             14040H105       12,810    278,300   X                                         278,300
CAPSTONE TURBINE CORP          COM             14067D102           64     10,600   X                                          10,600
CARDINAL HEALTH INC            COM             14149Y108       38,262    517,400   X                                         517,400
CAREMARK RX INC                COM             141705103        3,931    235,700   X                                         235,700
CARNIVAL CORP                  COM             143658102        3,900    177,100   X                                         177,100
CATALINA MARKETING CORP        COM             148867104          675     24,100   X                                          24,100
CATERPILLAR INC DEL            COM             149123101       13,147    293,460   X                                         293,460
CELGENE CORP                   COM             151020104          497     18,800   X                                          18,800
CENDANT CORP                   COM             151313103        9,569    747,604   X                                         747,604
CENTEX CORP                    COM             152312104          719     21,316   X                                          21,316
CENTURYTEL INC                 COM             156700106        2,868     85,600   X                                          85,600
CEPHALON INC                   COM             156708109        3,950     79,200   X                                          79,200
CERIDIAN CORP NEW              COM             156779100        3,003    207,100   X                                         207,100
CERNER CORP                    COM             156782104          282      5,700   X                                           5,700


                                       3


                       VERIZON INVESTMENT MANAGEMENT CORP.
                     FORM 13F - SOLE INSTR V. NONE AUTHORITY
                               SEPTEMBER 30, 2001



           ITEM 1:                 ITEM 2:     ITEM 3:    ITEM 4:      ITEM 5:       ITEM 6:        ITEM 7:         ITEM 8:

                                                                                 INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                               (A)    (B)      (C)            (A)   (B)      (C)
                                                        PENSION FAIR SHARES OR       SHARED          MANAGERS
                                               CUSIP    MARKET VALUE PRINCIPAL       AS DEF.  SHARED   SEE
NAME OF ISSUER                 TITLE OF CLASS  NUMBER      ($000)     AMOUNT    SOLE INSTR. V OTHER  INSTR.V  SOLE SHARED    NONE
                                                                                          
CERTEGY INC                    COM             156880106        1,433     55,200   X                                          55,200
CHARTER ONE FINL INC           COM             160903100        5,041    178,642   X                                         178,642
CHARTER COMMUNICATIONS INC DEL CL A            16117M107          768     62,000   X                                          62,000
CHECKFREE CORP NEW             COM             162813109          255     15,000   X                                          15,000
CHEESECAKE FACTORY INC         COM             163072101        1,231     51,400   X                                          51,400
CHEVRON CORPORATION            COM             166751107       52,298    617,086   X                                         617,086
CHIRON CORP                    COM             170040109        4,436     99,900   X                                          99,900
CHOICEPOINT INC                COM             170388102        2,103     50,500   X                                          50,500
CHUBB CORP                     COM             171232101        4,488     62,846   X                                          62,846
CIENA CORP                     COM             171779101        3,969    385,694   X                                         385,694
CINCINNATI FINL CORP           COM             172062101        2,339     56,200   X                                          56,200
CINERGY CORP                   COM             172474108        4,544    147,207   X                                         147,207
CIRCUIT CITY STORE INC         CIRCT CITY GRP  172737108          886     73,872   X                                          73,872
CISCO SYS INC                  COM             17275R102       90,402  7,422,182   X                                       7,422,182
CIRRUS LOGIC INC               COM             172755100           96     12,900   X                                          12,900
CINTAS CORP                    COM             172908105        3,961     98,300   X                                          98,300
CITIGROUP INC                  COM             172967101      172,721  4,264,715   X                                       4,264,715
CITIZENS COMMUNICATIONS CO     COM             17453B101        1,192    126,800   X                                         126,800
CITRIX SYS INC                 COM             177376100        2,794    141,100   X                                         141,100
CLARCOR INC                    COM             179895107          392     16,400   X                                          16,400
CLEAR CHANNEL COMMUNICATIONS   COM             184502102       11,671    293,600   X                                         293,600
CLOROX CO DEL                  COM             189054109        3,009     81,312   X                                          81,312
COACH INC                      COM             189754104          289     10,900   X                                          10,900
COCA COLA CO                   COM             191216100       87,816  1,874,410   X                                       1,874,410
COCA COLA ENTERPRISES INC      COM             191219104        2,425    158,100   X                                         158,100
COLGATE PALMOLIVE CO           COM             194162103       24,361    418,208   X                                         418,208
COMCAST CORP                   CL A SPL        200300200       29,626    825,940   X                                         825,940
COMERICA INC                   COM             200340107        3,540     63,900   X                                          63,900
COMMERCE BANCORP INC NJ        COM             200519106        3,611     53,100   X                                          53,100
COMMUNITY HEALTH SYS INC NEWCO COM             203668108          288      9,700   X                                           9,700
COMPAQ COMPUTER CORP           COM             204493100        8,355  1,005,450   X                                       1,005,450
COMPUTER ASSOC INTL INC        COM             204912109        9,733    378,146   X                                         378,146
COMPUTER SCIENCES CORP         COM             205363104        1,990     59,998   X                                          59,998
COMPUWARE CORP                 COM             205638109        2,993    359,300   X                                         359,300
COMVERSE TECHNOLOGY INC        COM PAR $0.10   205862402        4,110    200,700   X                                         200,700
CONAGRA FOODS INC              COM             205887102        8,579    382,138   X                                         382,138
CONCORD EFS INC                COM             206197105       13,721    280,300   X                                         280,300
CONEXANT SYSTEMS INC           COM             207142100          906    109,200   X                                         109,200
CONOCO INC                     CL B            208251405        7,014    276,805   X                                         276,805
CONSECO INC                    COM             208464107          859    118,382   X                                         118,382
CONSOLIDATED EDISON INC        COM             209115104        3,095     76,005   X                                          76,005
CONSTELLATION BRANDS INC       CL A            21036P108        3,054     73,300   X                                          73,300
CONSTELLATION ENERGY GROUP INC COM             210371100        1,417     58,571   X                                          58,571
CONVERGYS CORP                 COM             212485106        3,252    117,200   X                                         117,200
COOPER CAMERON CORP            COM             216640102          997     30,400   X                                          30,400
COOPER INDS INC                COM             216669101        3,866     93,222   X                                          93,222
COOPER TIRE & RUBR CO          COM             216831107          314     22,059   X                                          22,059
COORS ADOLPH CO                CL B            217016104          905     20,110   X                                          20,110
COR THERAPEUTICS INC           COM             217753102          296     13,100   X                                          13,100
CORNING INC                    COM             219350105        9,996  1,133,367   X                                       1,133,367
CORVIS CORP                    COM             221009103           96     63,300   X                                          63,300
COSTCO WHSL CORP NEW           COM             22160K105       15,975    449,228   X                                         449,228
COUNTRYWIDE CR INDS INC DEL    COM             222372104        6,322    143,900   X                                         143,900
COX COMMUNICATIONS INC NEW     CL A            224044107          443     10,600   X                                          10,600
CRANE CO                       COM             224399105          462     21,069   X                                          21,069
CREE INC                       COM             225447101          269     18,200   X                                          18,200
CROWN CASTLE INTL CORP         COM             228227104          244     27,100   X                                          27,100
CUMMINS INC                    COM             231021106          476     14,418   X                                          14,418



                                       4



                       VERIZON INVESTMENT MANAGEMENT CORP.
                     FORM 13F - SOLE INSTR V. NONE AUTHORITY
                               SEPTEMBER 30, 2001



           ITEM 1:                 ITEM 2:     ITEM 3:    ITEM 4:      ITEM 5:       ITEM 6:        ITEM 7:         ITEM 8:

                                                                                 INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                               (A)    (B)      (C)            (A)   (B)      (C)
                                                        PENSION FAIR SHARES OR       SHARED          MANAGERS
                                               CUSIP    MARKET VALUE PRINCIPAL       AS DEF.  SHARED   SEE
NAME OF ISSUER                 TITLE OF CLASS  NUMBER      ($000)     AMOUNT    SOLE INSTR. V OTHER  INSTR.V  SOLE SHARED    NONE
                                                                                          
CURAGEN CORP                   COM             23126R101          573     29,700   X                                          29,700
CYPRESS SEMICONDUCTOR CORP     COM             232806109          305     20,500   X                                          20,500
CYTYC CORP                     COM             232946103        6,531    243,600   X                                         243,600
DST SYS INC DEL                COM             233326107        2,785     64,400   X                                          64,400
DTE ENERGY CO                  COM             233331107       21,396    497,001   X                                         497,001
DANA CORP                      COM             235811106        1,685    108,018   X                                         108,018
DANAHER CORP DEL               COM             235851102        3,038     64,400   X                                          64,400
DARDEN RESTAURANTS INC         COM             237194105        2,888    110,005   X                                         110,005
DAVITA INC                     COM             23918K108          328     16,100   X                                          16,100
DEERE & CO                     COM             244199105        4,803    127,706   X                                         127,706
DELL COMPUTER CORP             COM             247025109       47,561  2,566,700   X                                       2,566,700
DELPHI AUTOMOTIVE SYS CORP     COM             247126105        3,274    278,618   X                                         278,618
DELTA AIR LINES INC DEL        COM             247361108        1,161     44,084   X                                          44,084
DELUXE CORP                    COM             248019101        1,805     52,245   X                                          52,245
DENTSPLY INTL INC NEW          COM             249030107          390      8,500   X                                           8,500
DEUTSCHE TELEKOM AG            SPONSORED ADR   251566105        1,393     89,854   X                                          89,854
DEVON ENERGY CORP NEW          COM             25179M103        2,766     80,400   X                                          80,400
DEVRY INC DEL                  COM             251893103          510     14,200   X                                          14,200
DIAMOND OFFSHORE DRILLING INC  COM             25271C102        2,961    117,400   X                                         117,400
DILLARDS INC                   CL A            254067101          339     25,738   X                                          25,738
DIME BANCORP INC NEW           COM             25429Q102        4,019    102,200   X                                         102,200
DISNEY WALT CO                 COM DISNEY      254687106       30,511  1,638,602   X                                       1,638,602
DOLLAR GEN CORP                COM             256669102        1,953    166,946   X                                         166,946
DOLLAR TREE STORES INC         COM             256747106        1,536     81,300   X                                          81,300
DOMINION RES INC VA NEW        COM             25746U109        5,262     88,656   X                                          88,656
DONALDSON INC                  COM             257651109        2,631     91,300   X                                          91,300
DONNELLEY R R & SONS CO        COM             257867101        1,120     41,401   X                                          41,401
DOUBLECLICK INC                COM             258609304          152     26,700   X                                          26,700
DOVER CORP                     COM             260003108        2,451     81,412   X                                          81,412
DOW CHEM CO                    COM             260543103       21,287    649,799   X                                         649,799
DOW JONES & CO INC             COM             260561105        1,498     32,970   X                                          32,970
DU PONT E I DE NEMOURS & CO    COM             263534109       25,004    666,405   X                                         666,405
DUKE ENERGY CORP               COM             264399106       23,190    612,686   X                                         612,686
DYNEGY INC NEW                 CL A            26816Q101       14,511    418,800   X                                         418,800
E M C CORP MASS                COM             268648102       25,809  2,196,524   X                                       2,196,524
ENSCO INTL INC                 COM             26874Q100          423     28,900   X                                          28,900
EOG RES INC                    COM             26875P101        2,311     79,900   X                                          79,900
E TRADE GROUP INC              COM             269246104          219     36,200   X                                          36,200
EARTHLINK INC                  COM             270321102          152     10,000   X                                          10,000
EASTMAN CHEM CO                COM             277432100        1,978     54,701   X                                          54,701
EASTMAN KODAK CO               COM             277461109        6,796    208,903   X                                         208,903
EATON CORP                     COM             278058102        2,535     42,814   X                                          42,814
EATON VANCE CORP               COM NON VTG     278265103        1,160     37,000   X                                          37,000
EBAY INC                       COM             278642103        3,628     79,300   X                                          79,300
ECHOSTAR COMMUNICATIONS NEW    CL A            278762109        1,245     53,500   X                                          53,500
ECOLAB INC                     COM             278865100        5,512    151,730   X                                         151,730
EDISON INTL                    COM             281020107        1,536    116,697   X                                         116,697
EDWARDS AG INC                 COM             281760108        2,861     81,500   X                                          81,500
EL PASO CORP                   COM             28336L109       21,848    525,820   X                                         525,820
ELECTRONIC ARTS INC            COM             285512109        1,434     31,400   X                                          31,400
ELECTRONIC DATA SYS NEW        COM             285661104       35,285    612,800   X                                         612,800
EMERSON ELEC CO                COM             291011104       12,164    258,482   X                                         258,482
EMULEX CORP                    COM NEW         292475209          194     20,400   X                                          20,400
ENGELHARD CORP                 COM             292845104        1,661     71,888   X                                          71,888
ENRON CORP                     COM             293561106       18,093    664,466   X                                         664,466
ENTERASYS NETWORKS INC         COM             293637104          303     46,900   X                                          46,900
ENTERGY CORP NEW               COM             29364G103       13,310    374,309   X                                         374,309
ENZON INC                      COM             293904108          536     10,500   X                                          10,500


                                       5


                       VERIZON INVESTMENT MANAGEMENT CORP.
                     FORM 13F - SOLE INSTR V. NONE AUTHORITY
                               SEPTEMBER 30, 2001



           ITEM 1:                 ITEM 2:     ITEM 3:    ITEM 4:      ITEM 5:       ITEM 6:        ITEM 7:         ITEM 8:

                                                                                 INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                               (A)    (B)      (C)            (A)   (B)      (C)
                                                        PENSION FAIR SHARES OR       SHARED          MANAGERS
                                               CUSIP    MARKET VALUE PRINCIPAL       AS DEF.  SHARED   SEE
NAME OF ISSUER                 TITLE OF CLASS  NUMBER      ($000)     AMOUNT    SOLE INSTR. V OTHER  INSTR.V  SOLE SHARED    NONE
                                                                                          
EQUIFAX INC                    COM             294429105        3,876    177,000   X                                         177,000
EQUITABLE RES INC              COM             294549100        5,924    197,400   X                                         197,400
EQUITY OFFICE PROPERTIES TRUST COM             294741103        3,448    107,765   X                                         107,765
EQUITY RESIDENTIAL PPTYS TR    SH BEN INT      29476L107          432      7,400   X                                           7,400
EXELON CORP                    COM             30161N101       12,010    269,278   X                                         269,278
EXODUS COMMUNICATIONS INC      COM             302088109           18    105,900   X                                         105,900
EXPEDITORS INTL WASH INC       COM             302130109        2,050     43,300   X                                          43,300
EXPRESS SCRIPTS INC            COM             302182100        1,527     27,600   X                                          27,600
EXTENDED STAY AMER INC         COM             30224P101          917     63,400   X                                          63,400
EXTREME NETWORKS INC           COM             30226D106          173     25,100   X                                          25,100
EXULT INC DEL                  COM             302284104          212     18,100   X                                          18,100
EXXON MOBIL CORP               COM             30231G102      239,997  6,091,290   X                                       6,091,290
F M C CORP                     COM NEW         302491303          524     10,690   X                                          10,690
FPL GROUP INC                  COM             302571104        9,437    176,234   X                                         176,234
FAIRCHILD SEMICONDUCTOR INTL   CL A            303726103        2,075    129,300   X                                         129,300
FAMILY DLR STORES INC          COM             307000109        2,455     89,200   X                                          89,200
FASTENAL CO                    COM             311900104          826     14,500   X                                          14,500
FEDERAL HOME LN MTG CORP       COM             313400301       36,391    559,860   X                                         559,860
FEDERAL NATL MTG ASSN          COM             313586109       72,801    909,328   X                                         909,328
FEDERATED DEPT STORES INC DEL  COM             31410H101        4,089    145,000   X                                         145,000
FEDERATED INVS INC PA          CL B            314211103        3,123    105,500   X                                         105,500
FEDEX CORP                     COM             31428X106        4,759    129,490   X                                         129,490
FERRO CORP                     COM             315405100        1,720     74,200   X                                          74,200
FIFTH THIRD BANCORP            COM             316773100       16,984    276,249   X                                         276,249
FINISAR                        COM             31787A101          187     47,200   X                                          47,200
FIRST DATA CORP                COM             319963104       24,312    417,300   X                                         417,300
FIRST HEALTH GROUP CORP        COM             320960107        1,504     51,200   X                                          51,200
FIRST TENN NATL CORP           COM             337162101        3,563     96,300   X                                          96,300
FISERV INC                     COM             337738108        6,218    181,800   X                                         181,800
FIRSTENERGY CORP               COM             337932107        3,431     95,442   X                                          95,442
FLEETBOSTON FINL CORP          COM             339030108       35,905    977,000   X                                         977,000
FLUOR CORP NEW                 COM             343412102        1,094     28,411   X                                          28,411
FLOWSERVE CORP                 COM             34354P105        2,295    116,200   X                                         116,200
FORD MTR CO DEL                COM PAR $0.01   345370860       21,324  1,229,038   X                                       1,229,038
FOREST LABS INC                COM             345838106       28,026    388,500   X                                         388,500
FORTUNE BRANDS INC             COM             349631101        8,173    243,973   X                                         243,973
FOUNDRY NETWORKS INC           COM             35063R100          129     21,400   X                                          21,400
FOX ENTMT GROUP INC            CL A            35138T107          206     10,800   X                                          10,800
FRANKLIN RES INC               COM             354613101        8,570    247,200   X                                         247,200
FREEPORT-MCMORAN COPPER & GOLD CL B            35671D857          998     90,800   X                                          90,800
GPU INC                        COM             36225X100        7,814    193,600   X                                         193,600
GALLAGHER ARTHUR J & CO        COM             363576109          684     20,200   X                                          20,200
GANNETT INC                    COM             364730101        8,606    143,170   X                                         143,170
GAP INC DEL                    COM             364760108        7,867    658,287   X                                         658,287
GATEWAY INC                    COM             367626108          599    109,900   X                                         109,900
GAYLORD ENTMT CO NEW           COM             367905106        1,236     61,500   X                                          61,500
GEMSTAR-TV GUIDE INTL INC      COM             36866W106        1,423     72,200   X                                          72,200
GENENTECH INC                  COM NEW         368710406        2,961     67,300   X                                          67,300
GENERAL DYNAMICS CORP          COM             369550108       14,652    165,900   X                                         165,900
GENERAL ELEC CO                COM             369604103      360,751  9,697,600   X                                       9,697,600
GENERAL MLS INC                COM             370334104        7,845    172,410   X                                         172,410
GENERAL MTRS CORP              COM             370442105       23,548    548,905   X                                         548,905
GENERAL MTRS CORP              CL H NEW        370442832        1,978    148,400   X                                         148,400
GENTEX CORP                    COM             371901109          447     18,700   X                                          18,700
GENUINE PARTS CO               COM             372460105        9,859    309,454   X                                         309,454
GENZYME CORP                   COM GENL DIV    372917104        2,212     48,700   X                                          48,700
GEORGIA PAC CORP               COM GA PAC GRP  373298108        5,710    198,339   X                                         198,339
GEORGIA PAC CORP               COM-TIMBER GRP  373298702        1,999     55,200   X                                          55,200


                                       6



                       VERIZON INVESTMENT MANAGEMENT CORP.
                     FORM 13F - SOLE INSTR V. NONE AUTHORITY
                               SEPTEMBER 30, 2001



           ITEM 1:                 ITEM 2:     ITEM 3:    ITEM 4:      ITEM 5:       ITEM 6:        ITEM 7:         ITEM 8:

                                                                                 INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                               (A)    (B)      (C)            (A)   (B)      (C)
                                                        PENSION FAIR SHARES OR       SHARED          MANAGERS
                                               CUSIP    MARKET VALUE PRINCIPAL       AS DEF.  SHARED   SEE
NAME OF ISSUER                 TITLE OF CLASS  NUMBER      ($000)     AMOUNT    SOLE INSTR. V OTHER  INSTR.V  SOLE SHARED    NONE
                                                                                          
GILEAD SCIENCES INC            COM             375558103        1,331     23,700   X                                          23,700
GILLETTE CO                    COM             375766102       14,933    501,120   X                                         501,120
GLOBAL INDS LTD                COM             379336100           71     13,000   X                                          13,000
GLOBAL MARINE INC              COM             379352404        3,681    262,900   X                                         262,900
GOLDEN WEST FINL CORP DEL      COM             381317106       19,199    330,440   X                                         330,440
GOLDMAN SACHS GROUP INC        COM             38141G104          863     12,100   X                                          12,100
GOODRICH CORP                  COM             382388106        2,017    103,546   X                                         103,546
GOODYEAR TIRE & RUBR CO        COM             382550101        1,027     55,704   X                                          55,704
GRAINGER W W INC               COM             384802104        3,343     86,056   X                                          86,056
GRANT PRIDECO INC              COM             38821G101           80     13,200   X                                          13,200
GREAT LAKES CHEM CORP          COM             390568103        1,070     48,405   X                                          48,405
GREIF BROS CORP                CL A            397624107          394     17,200   X                                          17,200
GUIDANT CORP                   COM             401698105        6,988    181,500   X                                         181,500
HCA INC                        COM             404119109       17,115    386,258   X                                         386,258
HALLIBURTON CO                 COM             406216101        7,489    332,124   X                                         332,124
HANCOCK JOHN FINL SVCS INC     COM             41014S106       12,896    322,800   X                                         322,800
HANOVER COMPRESSOR CO          COM             410768105          381     17,600   X                                          17,600
HARLEY DAVIDSON INC            COM             412822108       14,013    346,000   X                                         346,000
HARRAHS ENTMT INC              COM             413619107        1,185     43,875   X                                          43,875
HARTFORD FINL SVCS GROUP INC   COM             416515104       18,202    309,882   X                                         309,882
HASBRO INC                     COM             418056107          843     60,189   X                                          60,189
HEALTHSOUTH CORP               COM             421924101        2,270    139,600   X                                         139,600
HEALTH MGMT ASSOC INC NEW      CL A            421933102        1,210     58,300   X                                          58,300
HEINZ H J CO                   COM             423074103        6,331    150,211   X                                         150,211
HELLER FINANCIAL INC           CL A            423328103        2,728     51,700   X                                          51,700
HENRY JACK & ASSOC INC         COM             426281101          365     16,100   X                                          16,100
HERCULES INC                   COM             427056106          526     63,701   X                                          63,701
HERSHEY FOODS CORP             COM             427866108        3,903     59,710   X                                          59,710
HEWLETT PACKARD CO             COM             428236103       11,677    725,728   X                                         725,728
HIBERNIA CORP                  CL A            428656102        2,515    153,800   X                                         153,800
HILLENBRAND INDS INC           COM             431573104        4,496     83,300   X                                          83,300
HILTON HOTELS CORP             COM             432848109        1,021    130,019   X                                         130,019
HISPANIC BROADCASTING CORP     CL A            43357B104          250     15,500   X                                          15,500
HOME DEPOT INC                 COM             437076102       77,149  2,010,669   X                                       2,010,669
HOMESTAKE MNG CO               COM             437614100        1,413    151,978   X                                         151,978
HOMESTORE COM INC              COM             437852106          134     17,500   X                                          17,500
HONEYWELL INTL INC             COM             438516106       15,863    600,880   X                                         600,880
HORMEL FOODS CORP              COM             440452100        2,123     89,900   X                                          89,900
HOST MARRIOTT CORP NEW         COM             44107P104           90     12,700   X                                          12,700
HOUSEHOLD INTL INC             COM             441815107       28,225    500,625   X                                         500,625
HUMANA INC                     COM             444859102          734     60,900   X                                          60,900
HUMAN GENOME SCIENCES INC      COM             444903108        5,378    174,000   X                                         174,000
HUNTINGTON BANCSHARES INC      COM             446150104        1,548     89,442   X                                          89,442
ICN PHARMACEUTICALS INC NEW    COM             448924100          335     12,700   X                                          12,700
ICOS CORP                      COM             449295104        2,859     58,100   X                                          58,100
IDEC PHARMACEUTICALS CORP      COM             449370105        3,926     79,200   X                                          79,200
IMS HEALTH INC                 COM             449934108        9,578    382,352   X                                         382,352
ITT INDS INC IND               COM             450911102        6,395    142,741   X                                         142,741
IDEX CORP                      COM             45167R104          807     29,200   X                                          29,200
ILLINOIS TOOL WKS INC          COM             452308109        7,093    131,088   X                                         131,088
IMCLONE SYS INC                COM             45245W109          860     15,200   X                                          15,200
IMMUNEX CORP NEW               COM             452528102        4,306    230,500   X                                         230,500
INCO LTD                       COM             453258402          684     55,109   X                                          55,109
INFORMATICA CORP               COM             45666Q102           64     16,100   X                                          16,100
INGERSOLL-RAND CO              COM             456866102        3,676    108,759   X                                         108,759
INHALE THERAPEUTIC SYS INC     COM             457191104          140     10,500   X                                          10,500
INTEGRATED DEVICE TECHNOLOGY   COM             458118106          507     25,200   X                                          25,200
INTEL CORP                     COM             458140100      137,347  6,719,520   X                                       6,719,520


                                       7


                       VERIZON INVESTMENT MANAGEMENT CORP.
                     FORM 13F - SOLE INSTR V. NONE AUTHORITY
                               SEPTEMBER 30, 2001



           ITEM 1:                 ITEM 2:     ITEM 3:    ITEM 4:      ITEM 5:       ITEM 6:        ITEM 7:         ITEM 8:

                                                                                 INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                               (A)    (B)      (C)            (A)   (B)      (C)
                                                        PENSION FAIR SHARES OR       SHARED          MANAGERS
                                               CUSIP    MARKET VALUE PRINCIPAL       AS DEF.  SHARED   SEE
NAME OF ISSUER                 TITLE OF CLASS  NUMBER      ($000)     AMOUNT    SOLE INSTR. V OTHER  INSTR.V  SOLE SHARED    NONE
                                                                                          
INTERNATIONAL BUSINESS MACHS   COM             459200101      154,730  1,683,660   X                                       1,683,660
INTERNATIONAL FLAVORS&FRAGRANC COM             459506101          927     33,495   X                                          33,495
INTERNATIONAL GAME TECHNOLOGY  COM             459902102        5,326    125,308   X                                         125,308
INTL PAPER CO                  COM             460146103       11,542    331,461   X                                         331,461
INTERNATIONAL RECTIFIER CORP   COM             460254105          425     15,600   X                                          15,600
INTERNATIONAL SPEEDWAY CORP    CL A            460335201          575     16,500   X                                          16,500
INTERSIL CORP                  CL A            46069S109          712     25,500   X                                          25,500
INTERPUBLIC GROUP COS INC      COM             460690100        4,079    199,944   X                                         199,944
INTERWOVEN INC                 COM             46114T102           85     21,900   X                                          21,900
INTIMATE BRANDS INC            CL A            461156101          175     19,400   X                                          19,400
INTUIT                         COM             461202103        3,440     96,100   X                                          96,100
INVESTMENT TECHNOLOGY GRP NEW  COM             46145F105          438      7,900   X                                           7,900
INVITROGEN CORP                COM             46185R100          861     13,100   X                                          13,100
INVESTORS FINL SERVICES CORP   COM             461915100          455      7,900   X                                           7,900
IRON MTN INC PA                COM             462846106          274      6,600   X                                           6,600
ISHARES TR                     RUSSELL1000VAL  464287598       16,573    318,400   X                                         318,400
ISHARES TR                     RUSSELL1000GRW  464287614        3,004     67,500   X                                          67,500
I2 TECHNOLOGIES INC            COM             465754109          234     68,000   X                                          68,000
IVAX CORP                      COM             465823102        2,612    117,825   X                                         117,825
JDS UNIPHASE CORP              COM             46612J101        8,247  1,304,900   X                                       1,304,900
J P MORGAN CHASE & CO          COM             46625H100       42,379  1,240,979   X                                       1,240,979
JABIL CIRCUIT INC              COM             466313103        1,702     95,100   X                                          95,100
JEFFERSON PILOT CORP           COM             475070108        2,431     54,645   X                                          54,645
JOHNSON & JOHNSON              COM             478160104      180,642  3,260,691   X                                       3,260,691
JOHNSON CTLS INC               COM             478366107       17,079    261,780   X                                         261,780
JONES APPAREL GROUP INC        COM             480074103        4,675    183,400   X                                         183,400
JUNIPER NETWORKS INC           COM             48203R104        1,122    115,700   X                                         115,700
KLA-TENCOR CORP                COM             482480100        4,971    157,400   X                                         157,400
K MART CORP                    COM             482584109        2,695    385,507   X                                         385,507
KPMG CONSULTING INC            COM             48265R109          218     20,200   X                                          20,200
KANSAS CITY SOUTHN INDS INC    COM NEW         485170302        1,140     95,000   X                                          95,000
KB HOME                        COM             48666K109          379     13,351   X                                          13,351
KELLOGG CO                     COM             487836108        7,059    235,302   X                                         235,302
KEMET CORP                     COM             488360108          418     25,400   X                                          25,400
KERR MCGEE CORP                COM             492386107        4,549     87,636   X                                          87,636
KEYCORP NEW                    COM             493267108       10,315    427,280   X                                         427,280
KEYSPAN CORP                   COM             49337W100        2,370     71,300   X                                          71,300
KIMBERLY CLARK CORP            COM             494368103       24,322    392,284   X                                         392,284
KINDER MORGAN INC KANS         COM             49455P101        5,334    108,400   X                                         108,400
KING PHARMACEUTICALS INC       COM             495582108       11,781    280,836   X                                         280,836
KNIGHT RIDDER INC              COM             499040103        3,614     64,706   X                                          64,706
KNIGHT TRADING GROUP INC       COM             499063105          120     15,600   X                                          15,600
KOHLS CORP                     COM             500255104       21,614    450,300   X                                         450,300
KRISPY KREME DOUGHNUTS INC     COM             501014104          305     10,300   X                                          10,300
KROGER CO                      COM             501044101       14,326    581,408   X                                         581,408
LNR PPTY CORP                  COM             501940100        2,279     76,100   X                                          76,100
LSI LOGIC CORP                 COM             502161102        2,346    199,700   X                                         199,700
L-3 COMMUNICATIONS HLDGS INC   COM             502424104        1,303     14,900   X                                          14,900
LABORATORY CORP AMER HLDGS     COM NEW         50540R409        3,776     46,700   X                                          46,700
LABRANCHE & CO INC             COM             505447102          235     10,600   X                                          10,600
LAM RESEARCH CORP              COM             512807108        1,785    105,300   X                                         105,300
LANDAUER INC                   COM             51476K103        1,562     46,000   X                                          46,000
LATTICE SEMICONDUCTOR CORP     COM             518415104          769     49,000   X                                          49,000
LAUDER ESTEE COS INC           CL A            518439104        4,721    142,400   X                                         142,400
LEAR CORP                      COM             521865105        1,756     65,000   X                                          65,000
LEGGETT & PLATT INC            COM             524660107        1,373     70,400   X                                          70,400
LEHMAN BROS HLDGS INC          COM             524908100       23,013    404,800   X                                         404,800
LEVEL 3 COMMUNICATIONS INC     COM             52729N100          345     91,200   X                                          91,200


                                       8


                       VERIZON INVESTMENT MANAGEMENT CORP.
                     FORM 13F - SOLE INSTR V. NONE AUTHORITY
                               SEPTEMBER 30, 2001



           ITEM 1:                 ITEM 2:     ITEM 3:    ITEM 4:      ITEM 5:       ITEM 6:        ITEM 7:         ITEM 8:

                                                                                 INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                               (A)    (B)      (C)            (A)   (B)      (C)
                                                        PENSION FAIR SHARES OR       SHARED          MANAGERS
                                               CUSIP    MARKET VALUE PRINCIPAL       AS DEF.  SHARED   SEE
NAME OF ISSUER                 TITLE OF CLASS  NUMBER      ($000)     AMOUNT    SOLE INSTR. V OTHER  INSTR.V  SOLE SHARED    NONE
                                                                                          
LEXMARK INTL NEW               CL A            529771107        7,323    163,800   X                                         163,800
LIBERTY MEDIA CORP NEW         COM SER A       530718105       10,384    817,628   X                                         817,628
LILLY ELI & CO                 COM             532457108       72,157    894,140   X                                         894,140
LIMITED INC                    COM             532716107        1,823    191,922   X                                         191,922
LINCARE HLDGS INC              COM             532791100        1,108     41,700   X                                          41,700
LINCOLN NATL CORP IND          COM             534187109        3,138     67,306   X                                          67,306
LINEAR TECHNOLOGY CORP         COM             535678106        5,763    175,700   X                                         175,700
LIZ CLAIBORNE INC              COM             539320101          713     18,906   X                                          18,906
LOCKHEED MARTIN CORP           COM             539830109       16,278    372,070   X                                         372,070
LOEWS CORP                     COM             540424108        9,140    197,500   X                                         197,500
LOUISIANA PAC CORP             COM             546347105          206     31,619   X                                          31,619
LOWES COS INC                  COM             548661107       21,237    670,990   X                                         670,990
LUCENT TECHNOLOGIES INC        COM             549463107       17,364  3,030,293   X                                       3,030,293
M & T BK CORP                  COM             55261F104       10,123    136,800   X                                         136,800
MBIA INC                       COM             55262C100       10,793    215,850   X                                         215,850
MBNA CORP                      COM             55262L100       21,575    712,297   X                                         712,297
MGIC INVT CORP WIS             COM             552848103        3,456     52,900   X                                          52,900
MACROVISION CORP               COM             555904101          290     10,200   X                                          10,200
MANOR CARE INC NEW             COM             564055101        3,998    142,295   X                                         142,295
MANUGISTICS GROUP INC          COM             565011103           74     12,700   X                                          12,700
MARSH & MCLENNAN COS INC       COM             571748102       21,177    218,995   X                                         218,995
MARSHALL & ILSLEY CORP         COM             571834100          334      5,900   X                                           5,900
MARRIOTT INTL INC NEW          CL A            571903202        9,088    272,084   X                                         272,084
MASCO CORP                     COM             574599106        5,829    285,188   X                                         285,188
MATTEL INC                     COM             577081102        4,185    267,243   X                                         267,243
MAXIM INTEGRATED PRODS INC     COM             57772K101        7,533    215,596   X                                         215,596
MAXTOR CORP                    COM NEW         577729205           68     19,000   X                                          19,000
MAY DEPT STORES CO             COM             577778103        5,140    177,121   X                                         177,121
MAYTAG CORP                    COM             578592107          915     37,143   X                                          37,143
MCCORMICK & CO INC             COM NON VTG     579780206        4,722    103,100   X                                         103,100
MCDATA CORP                    CL A            580031201          169     20,203   X                                          20,203
MCDERMOTT INTL INC             COM             580037109          152     18,430   X                                          18,430
MCDONALDS CORP                 COM             580135101       22,148    816,072   X                                         816,072
MCGRAW HILL COS INC            COM             580645109        7,443    127,888   X                                         127,888
MCKESSON CORP                  COM             58155Q103        6,941    183,679   X                                         183,679
MCLEODUSA INC                  CL A            582266102           46     59,500   X                                          59,500
MEAD CORP                      COM             582834107          984     35,544   X                                          35,544
MEDAREX INC                    COM             583916101          275     18,200   X                                          18,200
MEDIA GEN INC                  CL A            584404107        1,448     33,400   X                                          33,400
MEDICIS PHARMACEUTICAL CORP    CL A NEW        584690309          305      6,100   X                                           6,100
MEDIMMUNE INC                  COM             584699102        5,861    164,500   X                                         164,500
MEDTRONIC INC                  COM             585055106       37,133    853,640   X                                         853,640
MELLON FINL CORP               COM             58551A108       13,729    424,644   X                                         424,644
MENTOR GRAPHICS CORP           COM             587200106          220     16,000   X                                          16,000
MERCK & CO INC                 COM             589331107      123,275  1,850,978   X                                       1,850,978
MERCURY INTERACTIVE CORP       COM             589405109        1,615     84,800   X                                          84,800
MEREDITH CORP                  COM             589433101          551     17,164   X                                          17,164
MERRILL LYNCH & CO INC         COM             590188108       33,456    824,048   X                                         824,048
METLIFE INC                    COM             59156R108       13,629    458,900   X                                         458,900
METRIS COS INC                 COM             591598107          208      8,400   X                                           8,400
METROMEDIA FIBER NETWORK INC   CL A            591689104            8     23,500   X                                          23,500
METTLER TOLEDO INTERNATIONAL   COM             592688105          329      7,800   X                                           7,800
MICREL INC                     COM             594793101          395     19,800   X                                          19,800
MICROSOFT CORP                 COM             594918104      257,652  5,035,220   X                                       5,035,220
MICROCHIP TECHNOLOGY INC       COM             595017104          882     32,900   X                                          32,900
MICROMUSE INC                  COM             595094103          104     18,300   X                                          18,300
MICRON TECHNOLOGY INC          COM             595112103        8,931    474,300   X                                         474,300
MILLENNIUM PHARMACEUTICALS INC COM             599902103        1,677     94,400   X                                          94,400



                                       9


                       VERIZON INVESTMENT MANAGEMENT CORP.
                     FORM 13F - SOLE INSTR V. NONE AUTHORITY
                               SEPTEMBER 30, 2001



           ITEM 1:                 ITEM 2:     ITEM 3:    ITEM 4:      ITEM 5:       ITEM 6:        ITEM 7:         ITEM 8:

                                                                                 INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                               (A)    (B)      (C)            (A)   (B)      (C)
                                                        PENSION FAIR SHARES OR       SHARED          MANAGERS
                                               CUSIP    MARKET VALUE PRINCIPAL       AS DEF.  SHARED   SEE
NAME OF ISSUER                 TITLE OF CLASS  NUMBER      ($000)     AMOUNT    SOLE INSTR. V OTHER  INSTR.V  SOLE SHARED    NONE
                                                                                          
MILLER HERMAN INC              COM             600544100          370     19,000   X                                          19,000
MILLIPORE CORP                 COM             601073109        2,456     46,396   X                                          46,396
MINNESOTA MNG & MFG CO         COM             604059105       30,831    313,324   X                                         313,324
MIRANT CORP                    COM             604675108        3,602    164,463   X                                         164,463
MITCHELL ENERGY & DEV CORP     CL A            606592202        2,942     58,700   X                                          58,700
MOLEX INC                      COM             608554101        2,099     74,680   X                                          74,680
MONSANTO CO NEW                COM             61166W101        1,245     36,900   X                                          36,900
MOODYS CORP                    COM             615369105        5,061    136,776   X                                         136,776
MORGAN STANLEY DEAN WITTER&CO  COM NEW         617446448       44,024    949,820   X                                         949,820
MOTOROLA INC                   COM             620076109       30,418  1,949,867   X                                       1,949,867
MURPHY OIL CORP                COM             626717102        1,606     22,200   X                                          22,200
MYLAN LABS INC                 COM             628530107          574     17,600   X                                          17,600
NCR CORP NEW                   COM             62886E108        9,061    305,600   X                                         305,600
NRG ENERGY INC                 COM             629377102          180     11,100   X                                          11,100
NABORS INDS INC                COM             629568106        3,336    159,100   X                                         159,100
NATIONAL CITY CORP             COM             635405103       11,674    389,780   X                                         389,780
NATIONAL COMMERCE FINL CORP    COM             63545P104          295     11,300   X                                          11,300
NATIONAL FUEL GAS CO N J       COM             636180101          603     26,200   X                                          26,200
NATIONAL-OILWELL INC           COM             637071101          293     20,200   X                                          20,200
NATIONAL SEMICONDUCTOR CORP    COM             637640103        1,627     73,819   X                                          73,819
NATIONAL SVC INDS INC          COM             637657107          259     12,541   X                                          12,541
NATIONWIDE HEALTH PPTYS INC    COM             638620104          849     43,200   X                                          43,200
NAVISTAR INTL CORP NEW         COM             63934E108          604     21,367   X                                          21,367
NETWORKS ASSOCS INC            COM             640938106          298     23,100   X                                          23,100
NETWORK APPLIANCE INC          COM             64120L104        1,676    246,400   X                                         246,400
NEUBERGER BERMAN INC           COM             641234109          335      9,600   X                                           9,600
NEW YORK TIMES CO              CL A            650111107        2,227     57,050   X                                          57,050
NEWELL RUBBERMAID INC          COM             651229106        2,153     94,786   X                                          94,786
NEWFIELD EXPL CO               COM             651290108          263      9,000   X                                           9,000
NEWMONT MINING CORP            COM             651639106        2,454    103,969   X                                         103,969
NEWPORT NEWS SHIPBUILDING INC  COM             652228107        2,386     35,500   X                                          35,500
NEXTEL COMMUNICATIONS INC      CL A            65332V103        4,217    488,100   X                                         488,100
NIAGARA MOHAWK HLDGS INC       COM             653520106          964     56,777   X                                          56,777
NICOR INC                      COM             654086107          632     16,305   X                                          16,305
NIKE INC                       CL B            654106103        5,595    119,524   X                                         119,524
NISOURCE INC                   COM             65473P105        8,590    368,500   X                                         368,500
NOKIA CORP                     SPONSORED ADR   654902204        5,384    344,000   X                                         344,000
NOBLE DRILLING CORP            COM             655042109        1,692     70,500   X                                          70,500
NORDSTROM INC                  COM             655664100          669     46,318   X                                          46,318
NORFOLK SOUTHERN CORP          COM             655844108        2,221    137,802   X                                         137,802
NORTEL NETWORKS CORP NEW       COM             656568102        8,887  1,585,384   X                                       1,585,384
NORTH FORK BANCORPORATION NY   COM             659424105        1,457     49,000   X                                          49,000
NORTHERN TR CORP               COM             665859104        6,382    121,600   X                                         121,600
NORTHROP GRUMMAN CORP          COM             666807102        7,537     74,626   X                                          74,626
NOVELL INC                     COM             670006105          399    109,050   X                                         109,050
NOVELLUS SYS INC               COM             670008101        5,778    202,300   X                                         202,300
NUCOR CORP                     COM             670346105        3,024     76,183   X                                          76,183
NVIDIA CORP                    COM             67066G104        3,077    112,000   X                                         112,000
OM GROUP INC                   COM             670872100          842     15,300   X                                          15,300
OSI PHARMACEUTICALS INC        COM             671040103          283      8,700   X                                           8,700
OCCIDENTAL PETE CORP DEL       COM             674599105        8,168    335,584   X                                         335,584
OCEAN ENERGY INC DEL           COM             674812201        1,614     99,000   X                                          99,000
OFFICE DEPOT INC               COM             676220106        1,451    106,700   X                                         106,700
OMNICOM GROUP INC              COM             681919106       10,553    162,600   X                                         162,600
OMNOVA SOLUTIONS INC           COM             682129101          344     55,000   X                                          55,000
ONI SYSTEMS CORP               COM             68273F103           73     18,100   X                                          18,100
OPENWAVE SYS INC               COM             683718100          309     24,200   X                                          24,200
ORACLE CORP                    COM             68389X105       61,525  4,890,696   X                                       4,890,696



                                       10


                       VERIZON INVESTMENT MANAGEMENT CORP.
                     FORM 13F - SOLE INSTR V. NONE AUTHORITY
                               SEPTEMBER 30, 2001



           ITEM 1:                 ITEM 2:     ITEM 3:    ITEM 4:      ITEM 5:       ITEM 6:        ITEM 7:         ITEM 8:

                                                                                 INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                               (A)    (B)      (C)            (A)   (B)      (C)
                                                        PENSION FAIR SHARES OR       SHARED          MANAGERS
                                               CUSIP    MARKET VALUE PRINCIPAL       AS DEF.  SHARED   SEE
NAME OF ISSUER                 TITLE OF CLASS  NUMBER      ($000)     AMOUNT    SOLE INSTR. V OTHER  INSTR.V  SOLE SHARED    NONE
                                                                                          
ORTHODONTIC CTRS AMER INC      COM             68750P103          234      9,500   X                                           9,500
OXFORD HEALTH PLANS INC        COM             691471106        2,829     99,600   X                                          99,600
PG&E CORP                      COM             69331C108        3,476    228,674   X                                         228,674
PMC-SIERRA INC                 COM             69344F106        1,325    129,000   X                                         129,000
PNC FINL SVCS GROUP INC        COM             693475105       29,015    506,813   X                                         506,813
PPG INDS INC                   COM             693506107        2,762     60,376   X                                          60,376
PPL CORP                       COM             69351T106        3,430    105,200   X                                         105,200
PACCAR INC                     COM             693718108        4,544     92,602   X                                          92,602
PACIFIC CENTY FINL CORP        COM             694058108        2,477    106,000   X                                         106,000
PACTIV CORP                    COM             695257105        2,001    138,113   X                                         138,113
PALL CORP                      COM             696429307        1,429     73,480   X                                          73,480
PALM INC                       COM             696642107          738    505,196   X                                         505,196
PANAMSAT CORP NEW              COM             697933109        1,182     50,700   X                                          50,700
PARAMETRIC TECHNOLOGY CORP     COM             699173100        1,131    218,000   X                                         218,000
PARK PL ENTMT CORP             COM             700690100          108     14,800   X                                          14,800
PARKER HANNIFIN CORP           COM             701094104        3,085     89,951   X                                          89,951
PATTERSON DENTAL CO            COM             703412106          453     12,300   X                                          12,300
PATTERSON UTI ENERGY INC       COM             703481101          206     16,700   X                                          16,700
PAYCHEX INC                    COM             704326107        8,178    259,550   X                                         259,550
PENNEY J C INC                 COM             708160106        3,229    147,463   X                                         147,463
PEOPLES ENERGY CORP            COM             711030106          429     10,783   X                                          10,783
PEOPLESOFT INC                 COM             712713106        4,192    232,400   X                                         232,400
PEPSI BOTTLING GROUP INC       COM             713409100        7,744    168,100   X                                         168,100
PEPSIAMERICAS INC              COM             71343P200        1,244     83,200   X                                          83,200
PEPSICO INC                    COM             713448108       92,392  1,904,991   X                                       1,904,991
PEREGRINE SYSTEMS INC          COM             71366Q101          533     42,200   X                                          42,200
PERKINELMER INC                COM             714046109        1,428     54,422   X                                          54,422
PFIZER INC                     COM             717081103      241,168  6,014,174   X                                       6,014,174
PHARMACEUTICAL PROD DEV INC    COM             717124101          281      9,600   X                                           9,600
PHARMACIA CORP                 COM             71713U102       35,515    875,623   X                                         875,623
PHELPS DODGE CORP              COM             717265102        1,703     61,923   X                                          61,923
PHILIP MORRIS COS INC          COM             718154107       99,263  2,055,567   X                                       2,055,567
PHILLIPS PETE CO               COM             718507106       12,517    232,048   X                                         232,048
PINNACLE WEST CAP CORP         COM             723484101       13,394    337,370   X                                         337,370
PITNEY BOWES INC               COM             724479100        3,571     93,488   X                                          93,488
PLACER DOME INC                COM             725906101        1,269     99,257   X                                          99,257
POLO RALPH LAUREN CORP         CL A            731572103          883     47,100   X                                          47,100
POLYCOM INC                    COM             73172K104          870     35,700   X                                          35,700
POPULAR INC                    COM             733174106        2,271     72,800   X                                          72,800
POTASH CORP SASK INC           COM             73755L107        1,247     22,400   X                                          22,400
POWER-ONE INC                  COM             739308104          237     38,500   X                                          38,500
PRAXAIR INC                    COM             74005P104        3,578     85,195   X                                          85,195
PRECISION CASTPARTS CORP       COM             740189105          622     28,000   X                                          28,000
PRICE T ROWE GROUP INC         COM             74144T108        1,263     43,100   X                                          43,100
PRIMEDIA INC                   COM             74157K101          127     54,000   X                                          54,000
PROCTER & GAMBLE CO            COM             742718109       80,014  1,099,250   X                                       1,099,250
PROGRESS ENERGY INC            COM             743263105       10,194    237,136   X                                         237,136
PROGRESSIVE CORP OHIO          COM             743315103        5,155     38,500   X                                          38,500
PROTEIN DESIGN LABS INC        COM             74369L103          515     10,900   X                                          10,900
PROVIDIAN FINL CORP            COM             74406A102        6,545    324,826   X                                         324,826
PUBLIC SVC ENTERPRISE GROUP    COM             744573106        3,172     74,537   X                                          74,537
PULITZER INC                   COM             745769109          523     11,800   X                                          11,800
PULTE HOMES INC                COM             745867101          626     20,440   X                                          20,440
QLOGIC CORP                    COM             747277101        2,189    115,200   X                                         115,200
QUALCOMM INC                   COM             747525103       34,219    719,800   X                                         719,800
QUANTUM CORP                   COM DSSG        747906204        3,459    423,900   X                                         423,900
QUEST DIAGNOSTICS INC          COM             74834L100        6,040     97,900   X                                          97,900
QUEST SOFTWARE INC             COM             74834T103          368     31,800   X                                          31,800



                                       11


                       VERIZON INVESTMENT MANAGEMENT CORP.
                     FORM 13F - SOLE INSTR V. NONE AUTHORITY
                               SEPTEMBER 30, 2001



           ITEM 1:                 ITEM 2:     ITEM 3:    ITEM 4:      ITEM 5:       ITEM 6:        ITEM 7:         ITEM 8:

                                                                                 INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                               (A)    (B)      (C)            (A)   (B)      (C)
                                                        PENSION FAIR SHARES OR       SHARED          MANAGERS
                                               CUSIP    MARKET VALUE PRINCIPAL       AS DEF.  SHARED   SEE
NAME OF ISSUER                 TITLE OF CLASS  NUMBER      ($000)     AMOUNT    SOLE INSTR. V OTHER  INSTR.V  SOLE SHARED    NONE
                                                                                          
QUINTILES TRANSNATIONAL CORP   COM             748767100          755     51,700   X                                          51,700
QWEST COMMUNICATIONS INTL INC  COM             749121109       25,423  1,522,354   X                                       1,522,354
RSA SEC INC                    COM             749719100          731     54,300   X                                          54,300
RF MICRODEVICES INC            COM             749941100          546     32,900   X                                          32,900
RADIOSHACK CORP                COM             750438103        2,824    116,456   X                                         116,456
RALSTON PURINA CO              COM             751277302        4,418    134,694   X                                         134,694
RATIONAL SOFTWARE CORP         COM NEW         75409P202          440     50,800   X                                          50,800
RAYTHEON CO                    COM NEW         755111507        4,402    126,664   X                                         126,664
REALNETWORKS INC               COM             75605L104          107     22,100   X                                          22,100
REDBACK NETWORKS INC           COM             757209101           46     31,900   X                                          31,900
REEBOK INTL LTD                COM             758110100          425     20,531   X                                          20,531
REGIONS FINL CORP              COM             758940100        2,352     81,500   X                                          81,500
RELIANT ENERGY INC             COM             75952J108        3,847    146,152   X                                         146,152
RESMED INC                     COM             761152107          396      7,800   X                                           7,800
RETEK INC                      COM             76128Q109          548     43,400   X                                          43,400
REYNOLDS & REYNOLDS CO         CL A            761695105          790     33,900   X                                          33,900
REYNOLDS R J TOB HLDGS INC     COM             76182K105        3,354     58,700   X                                          58,700
RITE AID CORP                  COM             767754104          495     64,100   X                                          64,100
RIVERSTONE NETWORKS INC        COM             769320102          168     32,037   X                                          32,037
ROBERT HALF INTL INC           COM             770323103        1,991     99,500   X                                          99,500
ROCKWELL INTL CORP NEW         COM             773903109        1,937    131,970   X                                         131,970
ROCKWELL COLLINS INC           COM             774341101        1,958    137,870   X                                         137,870
ROHM & HAAS CO                 COM             775371107        6,614    201,880   X                                         201,880
ROSS STORES INC                COM             778296103        1,541     52,700   X                                          52,700
ROWAN COS INC                  COM             779382100          603     48,695   X                                          48,695
ROYAL DUTCH PETE CO            NY REG GLD1.25  780257804       37,088    738,072   X                                         738,072
RYDER SYS INC                  COM             783549108          365     18,249   X                                          18,249
SBC COMMUNICATIONS INC         COM             78387G103      141,257  2,997,807   X                                       2,997,807
SCI SYS INC                    COM             783890106          380     21,100   X                                          21,100
SEI INVESTMENTS CO             COM             784117103        1,386     43,300   X                                          43,300
SPS TECHNOLOGIES INC           COM             784626103        1,684     55,700   X                                          55,700
SPX CORP                       COM             784635104        1,293     15,600   X                                          15,600
SABRE HLDGS CORP               CL A            785905100        1,965     73,499   X                                          73,499
SAFECO CORP                    COM             786429100        1,391     45,866   X                                          45,866
SAFEWAY INC                    COM NEW         786514208       18,919    476,300   X                                         476,300
ST JUDE MED INC                COM             790849103       10,888    159,066   X                                         159,066
ST PAUL COS INC                COM             792860108        3,171     76,928   X                                          76,928
SANDISK CORP                   COM             80004C101          111     11,300   X                                          11,300
SANMINA CORP                   COM             800907107        3,626    267,000   X                                         267,000
SAPIENT CORP                   COM             803062108          144     37,300   X                                          37,300
SARA LEE CORP                  COM             803111103        9,079    426,256   X                                         426,256
SCHERING PLOUGH CORP           COM             806605101       50,692  1,366,356   X                                       1,366,356
SCHLUMBERGER LTD               COM             806857108       12,388    271,078   X                                         271,078
SCHWAB CHARLES CORP NEW        COM             808513105       11,646  1,012,675   X                                       1,012,675
SCIENTIFIC ATLANTA INC         COM             808655104        4,135    236,120   X                                         236,120
SCRIPPS E W CO OHIO            CL A            811054204        1,395     22,900   X                                          22,900
SEALED AIR CORP NEW            COM             81211K100        1,661     45,509   X                                          45,509
SEARS ROEBUCK & CO             COM             812387108       17,869    515,851   X                                         515,851
SECURITY CAP GROUP INC         CL B            81413P204          380     20,300   X                                          20,300
SEMTECH CORP                   COM             816850101        3,985    140,400   X                                         140,400
SEMPRA ENERGY                  COM             816851109        2,223     89,806   X                                          89,806
SEPRACOR INC                   COM             817315104          646     18,000   X                                          18,000
SERVICE CORP INTL              COM             817565104           95     15,700   X                                          15,700
SERVICEMASTER CO               COM             81760N109          712     64,200   X                                          64,200
SHAW GROUP INC                 COM             820280105          287     10,200   X                                          10,200
SHERWIN WILLIAMS CO            COM             824348106        1,218     54,810   X                                          54,810
SICOR INC                      COM             825846108          234     12,400   X                                          12,400
SIEBEL SYS INC                 COM             826170102        6,322    485,900   X                                         485,900



                                       12


                       VERIZON INVESTMENT MANAGEMENT CORP.
                     FORM 13F - SOLE INSTR V. NONE AUTHORITY
                               SEPTEMBER 30, 2001



           ITEM 1:                 ITEM 2:     ITEM 3:    ITEM 4:      ITEM 5:       ITEM 6:        ITEM 7:         ITEM 8:

                                                                                 INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                               (A)    (B)      (C)            (A)   (B)      (C)
                                                        PENSION FAIR SHARES OR       SHARED          MANAGERS
                                               CUSIP    MARKET VALUE PRINCIPAL       AS DEF.  SHARED   SEE
NAME OF ISSUER                 TITLE OF CLASS  NUMBER      ($000)     AMOUNT    SOLE INSTR. V OTHER  INSTR.V  SOLE SHARED    NONE
                                                                                          
SIGMA ALDRICH CORP             COM             826552101        2,020     44,700   X                                          44,700
SKYWEST INC                    COM             830879102          169     10,100   X                                          10,100
SMITH INTL INC                 COM             832110100          459     12,600   X                                          12,600
SMURFIT-STONE CONTAINER CORP   COM             832727101          640     48,400   X                                          48,400
SNAP ON INC                    COM             833034101          463     20,734   X                                          20,734
SOLECTRON CORP                 COM             834182107        4,128    354,300   X                                         354,300
SOLUTIA INC                    COM             834376105          971     78,300   X                                          78,300
SONUS NETWORKS INC             COM             835916107          114     38,000   X                                          38,000
SOUTHERN CO                    COM             842587107        9,805    408,888   X                                         408,888
SOUTHTRUST CORP                COM             844730101       16,724    656,600   X                                         656,600
SOUTHWEST AIRLS CO             COM             844741108        8,220    553,939   X                                         553,939
SOUTHWEST GAS CORP             COM             844895102        1,306     61,600   X                                          61,600
SOVEREIGN BANCORP INC          COM             845905108          130     13,700   X                                          13,700
SPRINT CORP                    COM FON GROUP   852061100        9,040    376,502   X                                         376,502
SPRINT CORP                    PCS COM SER 1   852061506       19,323    735,000   X                                         735,000
STANLEY WKS                    COM             854616109        1,111     30,406   X                                          30,406
STAPLES INC                    COM             855030102        3,087    231,250   X                                         231,250
STARBUCKS CORP                 COM             855244109        5,849    391,500   X                                         391,500
STARWOOD HOTELS&RESORTS WRLDWD PAIRED CTF      85590A203        1,566     71,200   X                                          71,200
STATE STR CORP                 COM             857477103       10,970    241,100   X                                         241,100
STILWELL FINL INC              COM             860831106        1,581     81,100   X                                          81,100
STORAGENETWORKS INC            COM             86211E103           58     14,600   X                                          14,600
STORAGE TECHNOLOGY CORP        COM PAR $0.10   862111200        1,746    139,100   X                                         139,100
STRYKER CORP                   COM             863667101       14,706    278,000   X                                         278,000
SUN MICROSYSTEMS INC           COM             866810104       26,859  3,247,756   X                                       3,247,756
SUNGARD DATA SYS INC           COM             867363103        3,959    169,400   X                                         169,400
SUNOCO INC                     COM             86764P109        1,062     29,844   X                                          29,844
SUNTRUST BKS INC               COM             867914103       15,140    227,324   X                                         227,324
SUPERVALU INC                  COM             868536103          954     47,180   X                                          47,180
SYBASE INC                     COM             871130100          211     22,700   X                                          22,700
SYCAMORE NETWORKS INC          COM             871206108          191     55,000   X                                          55,000
SYMANTEC CORP                  COM             871503108          634     18,300   X                                          18,300
SYMBOL TECHNOLOGIES INC        COM             871508107        1,314    125,300   X                                         125,300
SYNOPSYS INC                   COM             871607107        1,163     29,000   X                                          29,000
SYNOVUS FINL CORP              COM             87161C105        7,775    281,700   X                                         281,700
SYSCO CORP                     COM             871829107       19,362    758,112   X                                         758,112
TCF FINL CORP                  COM             872275102        7,858    170,600   X                                         170,600
TECO ENERGY INC                COM             872375100        1,558     57,500   X                                          57,500
TJX COS INC NEW                COM             872540109       15,337    466,172   X                                         466,172
TRW INC                        COM             872649108        2,566     86,050   X                                          86,050
TMP WORLDWIDE INC              COM             872941109        1,473     51,900   X                                          51,900
TXU CORP                       COM             873168108       15,682    338,549   X                                         338,549
TAIWAN SEMICONDUCTOR MFG LTD   SPONSORED ADR   874039100        1,186    125,000   X                                         125,000
TALBOTS INC                    COM             874161102          676     30,100   X                                          30,100
TARGET CORP                    COM             87612E106       24,600    774,808   X                                         774,808
TECH DATA CORP                 COM             878237106        1,732     45,700   X                                          45,700
TEKELEC                        COM             879101103          151     11,500   X                                          11,500
TEKTRONIX INC                  COM             879131100          583     33,338   X                                          33,338
TELEFLEX INC                   COM             879369106        1,290     34,500   X                                          34,500
TELEPHONE & DATA SYS INC       COM             879433100        6,959     73,800   X                                          73,800
TELLABS INC                    COM             879664100        3,422    346,400   X                                         346,400
TEMPLE INLAND INC              COM             879868107        2,311     48,661   X                                          48,661
TENET HEALTHCARE CORP          COM             88033G100       37,125    622,387   X                                         622,387
TERADYNE INC                   COM             880770102        3,939    202,000   X                                         202,000
TEXACO INC                     COM             881694103       30,057    462,420   X                                         462,420
TEXAS INSTRS INC               COM             882508104       40,806  1,633,560   X                                       1,633,560
TEXTRON INC                    COM             883203101        3,455    102,794   X                                         102,794
THERMO ELECTRON CORP           COM             883556102        2,159    119,600   X                                         119,600



                                       13


                       VERIZON INVESTMENT MANAGEMENT CORP.
                     FORM 13F - SOLE INSTR V. NONE AUTHORITY
                               SEPTEMBER 30, 2001



           ITEM 1:                 ITEM 2:     ITEM 3:    ITEM 4:      ITEM 5:       ITEM 6:        ITEM 7:         ITEM 8:

                                                                                 INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                               (A)    (B)      (C)            (A)   (B)      (C)
                                                        PENSION FAIR SHARES OR       SHARED          MANAGERS
                                               CUSIP    MARKET VALUE PRINCIPAL       AS DEF.  SHARED   SEE
NAME OF ISSUER                 TITLE OF CLASS  NUMBER      ($000)     AMOUNT    SOLE INSTR. V OTHER  INSTR.V  SOLE SHARED    NONE
                                                                                          
THOMAS & BETTS CORP            COM             884315102          309     17,654   X                                          17,654
THOMAS INDS INC                COM             884425109        1,911     88,700   X                                          88,700
3COM CORP                      COM             885535104          160     42,600   X                                          42,600
TIBCO SOFTWARE INC             COM             88632Q103          101     13,800   X                                          13,800
TIDEWATER INC                  COM             886423102          390     14,600   X                                          14,600
TIFFANY & CO NEW               COM             886547108        2,780    128,400   X                                         128,400
TIME WARNER TELECOM INC        CL A            887319101          293     40,400   X                                          40,400
TOOTSIE ROLL INDS INC          COM             890516107        1,044     27,300   X                                          27,300
TORCHMARK CORP                 COM             891027104       10,191    261,306   X                                         261,306
TOTAL SYS SVCS INC             COM             891906109          706     28,500   X                                          28,500
TOYS R US INC                  COM             892335100        2,940    170,656   X                                         170,656
TRANSMETA CORP DEL             COM             89376R109           33     23,100   X                                          23,100
TRIAD HOSPITALS INC            COM             89579K109          262      7,400   X                                           7,400
TRICON GLOBAL RESTAURANTS      COM             895953107        2,065     52,661   X                                          52,661
TRIBUNE CO NEW                 COM             896047107        3,168    100,897   X                                         100,897
TRIQUINT SEMICONDUCTOR INC     COM             89674K103        2,399    150,000   X                                         150,000
TRITON PCS HLDGS INC           CL A            89677M106          323      8,500   X                                           8,500
TUPPERWARE CORP                COM             899896104          350     17,558   X                                          17,558
TYCO INTL LTD NEW              COM             902124106       50,324  1,106,025   X                                       1,106,025
UCAR INTL INC                  COM             90262K109          355     39,900   X                                          39,900
USX MARATHON GROUP             COM NEW         902905827        5,850    218,688   X                                         218,688
UST INC                        COM             902911106        4,149    124,983   X                                         124,983
US BANCORP DEL                 COM NEW         902973304       18,757    845,688   X                                         845,688
USA NETWORKS INC               COM             902984103          991     55,100   X                                          55,100
USX-U S STL                    COM             90337T101        1,308     93,534   X                                          93,534
USA ED INC                     COM             90390U102       11,127    134,200   X                                         134,200
UNILEVER N V                   N Y SHS NEW     904784709       20,537    380,174   X                                         380,174
UNION PAC CORP                 COM             907818108        8,996    191,817   X                                         191,817
UNION PLANTERS CORP            COM             908068109        2,111     49,200   X                                          49,200
UNIONBANCAL CORP               COM             908906100        3,320     98,100   X                                          98,100
UNISYS CORP                    COM             909214108        1,012    116,804   X                                         116,804
UNITED PARCEL SERVICE INC      CL B            911312106        3,857     74,200   X                                          74,200
UNITED STATES CELLULAR CORP    COM             911684108        3,460     69,900   X                                          69,900
US AIRWAYS GROUP INC           COM             911905107          126     27,200   X                                          27,200
UNITED TECHNOLOGIES CORP       COM             913017109       20,246    435,408   X                                         435,408
UNITEDHEALTH GROUP INC         COM             91324P102       37,360    561,800   X                                         561,800
UNIVERSAL HLTH SVCS INC        CL B            913903100       11,688    239,500   X                                         239,500
UNIVISION COMMUNICATIONS INC   CL A            914906102        2,396    104,400   X                                         104,400
UNOCAL CORP                    COM             915289102        3,347    102,984   X                                         102,984
UNUMPROVIDENT CORP             COM             91529Y106        3,035    120,179   X                                         120,179
V F CORP                       COM             918204108        1,138     38,880   X                                          38,880
VALERO ENERGY CORP NEW         COM             91913Y100          470     13,400   X                                          13,400
VARCO INTL INC DEL             COM             922122106          175     14,500   X                                          14,500
VARIAN MED SYS INC             COM             92220P105        3,676     57,300   X                                          57,300
VERISIGN INC                   COM             92343E102        2,103     50,200   X                                          50,200
VERIZON COMMUNICATIONS         COM             92343V104      103,979  1,921,615   X                                       1,921,615
VERITAS SOFTWARE CO            COM             923436109        6,079    329,666   X                                         329,666
VERTEX PHARMACEUTICALS INC     COM             92532F100          726     40,248   X                                          40,248
VIACOM INC                     CL B            925524308       38,644  1,120,105   X                                       1,120,105
VIGNETTE CORP                  COM             926734104          124     35,000   X                                          35,000
VINTAGE PETE INC               COM             927460105          317     20,000   X                                          20,000
VISTEON CORP                   COM             92839U107          598     46,923   X                                          46,923
VITESSE SEMICONDUCTOR CORP     COM             928497106        1,465    189,000   X                                         189,000
VODAFONE GROUP PLC NEW         SPONSORED ADR   92857W100        3,228    147,000   X                                         147,000
VULCAN MATLS CO                COM             929160109        3,996     92,500   X                                          92,500
WACHOVIA CORP 2ND NEW          COM             929903102       20,675    666,948   X                                         666,948
WADDELL & REED FINL INC        CL A            930059100        1,375     52,900   X                                          52,900
WAL MART STORES INC            COM             931142103      170,615  3,446,764   X                                       3,446,764



                                       14


                       VERIZON INVESTMENT MANAGEMENT CORP.
                     FORM 13F - SOLE INSTR V. NONE AUTHORITY
                               SEPTEMBER 30, 2001



           ITEM 1:                 ITEM 2:     ITEM 3:    ITEM 4:      ITEM 5:       ITEM 6:        ITEM 7:         ITEM 8:

                                                                                 INV. DISCRETION             VOTING AUTHORITY SHARES
                                                                               (A)    (B)      (C)            (A)   (B)      (C)
                                                        PENSION FAIR SHARES OR       SHARED          MANAGERS
                                               CUSIP    MARKET VALUE PRINCIPAL       AS DEF.  SHARED   SEE
NAME OF ISSUER                 TITLE OF CLASS  NUMBER      ($000)     AMOUNT    SOLE INSTR. V OTHER  INSTR.V  SOLE SHARED    NONE
                                                                                          
WALGREEN CO                    COM             931422109       36,261  1,053,184   X                                       1,053,184
WASHINGTON MUT INC             COM             939322103       37,110    964,406   X                                         964,406
WASHINGTON POST CO             CL B            939640108        1,403      2,700   X                                           2,700
WASTE MGMT INC DEL             COM             94106L109       11,559    432,275   X                                         432,275
WATERS CORP                    COM             941848103        1,917     53,600   X                                          53,600
WATSON PHARMACEUTICALS INC     COM             942683103        5,635    103,000   X                                         103,000
WEATHERFORD INTL INC           COM             947074100        3,036    119,000   X                                         119,000
WEBMD CORP                     COM             94769M105          158     37,100   X                                          37,100
WELLPOINT HEALTH NETWORK NEW   COM             94973H108        4,912     45,000   X                                          45,000
WELLS FARGO & CO NEW           COM             949746101       44,523  1,001,648   X                                       1,001,648
WENDYS INTL INC                COM             950590109        1,055     39,604   X                                          39,604
WESTERN WIRELESS CORP          CL A            95988E204          784     23,200   X                                          23,200
WESTVACO CORP                  COM             961548104        1,328     51,689   X                                          51,689
WEYERHAEUSER CO                COM             962166104        5,856    120,216   X                                         120,216
WHIRLPOOL CORP                 COM             963320106        2,093     37,820   X                                          37,820
WHOLE FOODS MKT INC            COM             966837106          377     12,000   X                                          12,000
WILLAMETTE INDS INC            COM             969133107        1,926     42,800   X                                          42,800
WILLIAMS COMMUNICATIONS GROUP  CL A            969455104           30     25,400   X                                          25,400
WILLIAMS COS INC DEL           COM             969457100        8,959    328,156   X                                         328,156
WILLIAMS SONOMA INC            COM             969904101          262     11,000   X                                          11,000
WIND RIVER SYSTEMS INC         COM             973149107          167     15,900   X                                          15,900
WINN DIXIE STORES INC          COM             974280109          553     48,292   X                                          48,292
WISCONSIN ENERGY CORP          COM             976657106        7,525    334,450   X                                         334,450
WORLDCOM INC GA NEW            WRLDCOM GP COM  98157D106       31,180  2,073,110   X                                       2,073,110
WORLDCOM INC GA NEW            MCI GROUP COM   98157D304          911     59,824   X                                          59,824
WORTHINGTON INDS INC           COM             981811102          798     70,921   X                                          70,921
WRIGLEY WM JR CO               COM             982526105        5,816    113,380   X                                         113,380
XTO ENERGY CORP                COM             98385X106          406     29,100   X                                          29,100
XCEL ENERGY INC                COM             98389B100       10,068    357,662   X                                         357,662
XILINX INC                     COM             983919101        6,111    259,700   X                                         259,700
XEROX CORP                     COM             984121103        3,564    459,854   X                                         459,854
YAHOO INC                      COM             984332106        3,037    344,700   X                                         344,700
YOUNG BROADCASTING INC         CL A            987434107          149     10,300   X                                          10,300
ZIMMER HLDGS INC               COM             98956P102        4,304    155,113   X                                         155,113
ZIONS BANCORPORATION           COM             989701107        1,775     33,083   X                                          33,083

GRAND TOTAL                                              8,387,432.00



                                       15