UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2003 Check here if Amendment [ ]; Amendment Number- This Amendment (Check only one.) [ ]is a restatement [ ]adds new holdings entries. Institutional Investment Manager Filing this Report: Name: 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 4/30/03 --------------------- --------------------- ------- [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: 902 ------------------ Form 13F Information Table Value Total: $5,267,998 ------------------ (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 MARCH 31, 2003 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 -------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ ---- ACE LTD ORD G0070K103 927 32,005 X 32,005 BUNGE LIMITED COM G16962105 448 17,800 X 17,800 COOPER INDS LTD CL A G24182100 1,629 45,630 X 45,630 INGERSOLL-RAND COMPANY LTD CL A G4776G101 3,965 102,746 X 102,746 NABORS INDUSTRIES LTD SHS G6359F103 1,276 31,994 X 31,994 NOBLE CORPORATION SHS G65422100 532 16,923 X 16,923 TRANSOCEAN INC ORD G90078109 1,903 93,037 X 93,037 WEATHERFORD INTERNATIONAL LT COM G95089101 703 18,600 X 18,600 XL CAP LTD CL A G98255105 1,487 21,010 X 21,010 A D C TELECOMMUNICATIONS COM 000886101 408 198,301 X 198,301 AFLAC INC COM 001055102 10,266 320,315 X 320,315 AGCO CORP COM 001084102 661 41,060 X 41,060 AGL RES INC COM 001204106 685 29,000 X 29,000 AES CORP COM 00130H105 483 133,499 X 133,499 AOL TIME WARNER INC COM 00184A105 29,669 2,731,946 X 2,731,946 AT&T CORP COM NEW 001957505 8,786 542,355 X 542,355 AT&T WIRELESS SVCS INC COM 00209A106 7,754 1,174,885 X 1,174,885 ABBOTT LABS COM 002824100 41,572 1,105,342 X 1,105,342 ABERCROMBIE & FITCH CO CL A 002896207 572 19,056 X 19,056 ACCREDO HEALTH INC COM 00437V104 801 32,909 X 32,909 ACTIVISION INC NEW COM NEW 004930202 1,223 84,664 X 84,664 ACXIOM CORP COM 005125109 234 13,927 X 13,927 ADAPTEC INC COM 00651F108 92 15,178 X 15,178 ADOBE SYS INC COM 00724F101 4,317 140,011 X 140,011 ADVANCED FIBRE COMMUNICATION COM 00754A105 183 12,117 X 12,117 ADVANCEPCS COM 00790K109 468 16,510 X 16,510 ADVANCED MICRO DEVICES INC COM 007903107 494 79,999 X 79,999 ADVENT SOFTWARE INC COM 007974108 254 20,893 X 20,893 AETNA INC NEW COM 00817Y108 4,964 100,681 X 100,681 AFFILIATED COMPUTER SERVICES CL A 008190100 6,254 141,296 X 141,296 AFFYMETRIX INC COM 00826T108 803 30,872 X 30,872 AGERE SYS INC CL B 00845V209 415 276,745 X 276,745 AGILENT TECHNOLOGIES INC COM 00846U101 1,593 121,172 X 121,172 AIR PRODS & CHEMS INC COM 009158106 4,783 115,441 X 115,441 ALBEMARLE CORP COM 012653101 1,180 48,473 X 48,473 ALBERTO CULVER CO CL B CONV 013068101 3,281 66,578 X 66,578 ALBERTSONS INC COM 013104104 3,267 173,322 X 173,322 ALCOA INC COM 013817101 9,785 504,899 X 504,899 ALLEGHENY ENERGY INC COM 017361106 174 28,004 X 28,004 ALLEGHENY TECHNOLOGIES INC COM 01741R102 110 37,767 X 37,767 ALLEN TELECOM INC COM 018091108 344 35,300 X 35,300 ALLERGAN INC COM 018490102 3,704 54,302 X 54,302 ALLIANCE DATA SYSTEMS CORP COM 018581108 189 11,126 X 11,126 ALLIANT TECHSYSTEMS INC COM 018804104 2,320 42,949 X 42,949 ALLIED CAP CORP NEW COM 01903Q108 389 19,467 X 19,467 ALLIED WASTE INDS INC COM PAR$.01NEW 019589308 401 50,165 X 50,165 ALLSTATE CORP COM 020002101 20,769 626,127 X 626,127 ALLTEL CORP COM 020039103 13,111 292,925 X 292,925 ALTERA CORP COM 021441100 2,012 148,562 X 148,562 ALTRIA GROUP INC COM 02209S103 36,993 1,234,750 X 1,234,750 AMAZON COM INC COM 023135106 3,607 138,589 X 138,589 AMBAC FINL GROUP INC COM 023139108 4,677 92,581 X 92,581 AMERADA HESS CORP COM 023551104 2,121 47,918 X 47,918 AMEREN CORP COM 023608102 2,363 60,503 X 60,503 1 VERIZON INVESTMENT MANAGEMENT CORP. FORM 13F - SOLE INSTR V. NONE AUTHORITY MARCH 31, 2003 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 EAGLE OUTFITTERS NE COM 02553E106 161 11,115 X 11,115 AMERICAN ELEC PWR INC COM 025537101 4,831 211,437 X 211,437 AMERICAN EXPRESS CO COM 025816109 23,185 697,725 X 697,725 AMERICAN GREETINGS CORP CL A 026375105 157 12,005 X 12,005 AMERICAN INTL GROUP INC COM 026874107 72,038 1,456,779 X 1,456,779 AMERICAN NATL INS CO COM 028591105 696 8,929 X 8,929 AMERICAN PWR CONVERSION CORP COM 029066107 622 43,683 X 43,683 AMERICAN STD COS INC DEL COM 029712106 3,115 45,291 X 45,291 AMERICREDIT CORP COM 03060R101 95 28,689 X 28,689 AMERISOURCEBERGEN CORP COM 03073E105 2,731 52,020 X 52,020 AMETEK INC NEW COM 031100100 1,608 48,700 X 48,700 AMGEN INC COM 031162100 48,612 844,691 X 844,691 AMKOR TECHNOLOGY INC COM 031652100 74 14,333 X 14,333 AMPHENOL CORP NEW CL A 032095101 2,759 67,710 X 67,710 AMSOUTH BANCORPORATION COM 032165102 2,369 119,190 X 119,190 ANADARKO PETE CORP COM 032511107 4,193 92,158 X 92,158 ANALOG DEVICES INC COM 032654105 4,656 169,292 X 169,292 ANDREW CORP COM 034425108 158 28,816 X 28,816 ANDRX CORP DEL ANDRX GROUP 034553107 167 14,181 X 14,181 ANHEUSER BUSCH COS INC COM 035229103 30,783 660,434 X 660,434 ANNTAYLOR STORES CORP COM 036115103 424 20,650 X 20,650 ANTHEM INC COM 03674B104 5,278 79,674 X 79,674 AON CORP COM 037389103 1,114 53,887 X 53,887 APACHE CORP COM 037411105 4,956 80,274 X 80,274 APARTMENT INVT & MGMT CO CL A 03748R101 600 16,459 X 16,459 APOGENT TECHNOLOGIES INC COM 03760A101 219 15,000 X 15,000 APOLLO GROUP INC CL A 037604105 9,171 183,790 X 183,790 APOLLO GROUP INC COM UNV PHOENX 037604204 2,796 65,562 X 65,562 APPLE COMPUTER INC COM 037833100 1,813 128,199 X 128,199 APPLEBEES INTL INC COM 037899101 2,737 97,623 X 97,623 APPLERA CORP COM AP BIO GRP 038020103 1,292 81,649 X 81,649 APPLIED MICRO CIRCUITS CORP COM 03822W109 258 79,100 X 79,100 APPLIED MATLS INC COM 038222105 16,003 1,272,093 X 1,272,093 AQUILA INC COM 03840P102 23 11,127 X 11,127 ARCHER DANIELS MIDLAND CO COM 039483102 1,241 114,937 X 114,937 ARCHSTONE SMITH TR COM 039583109 238 10,840 X 10,840 ARROW ELECTRS INC COM 042735100 512 34,833 X 34,833 ASHLAND INC COM 044204105 543 18,299 X 18,299 ASSOCIATED BANC CORP COM 045487105 1,096 33,889 X 33,889 ATMEL CORP COM 049513104 115 71,581 X 71,581 AUTODESK INC COM 052769106 399 26,173 X 26,173 AUTOLIV INC COM 052800109 1,057 52,930 X 52,930 AUTOMATIC DATA PROCESSING IN COM 053015103 9,072 294,643 X 294,643 AUTONATION INC COM 05329W102 643 50,405 X 50,405 AUTOZONE INC COM 053332102 5,667 82,482 X 82,482 AVAYA INC COM 053499109 150 73,600 X 73,600 AVERY DENNISON CORP COM 053611109 8,334 142,051 X 142,051 AVID TECHNOLOGY INC COM 05367P100 726 32,700 X 32,700 AVNET INC COM 053807103 830 79,187 X 79,187 AVON PRODS INC COM 054303102 9,019 158,088 X 158,088 AZTAR CORP COM 054802103 216 16,100 X 16,100 BB&T CORP COM 054937107 5,717 181,893 X 181,893 BISYS GROUP INC COM 055472104 686 42,044 X 42,044 BJS WHOLESALE CLUB INC COM 05548J106 180 15,931 X 15,931 2 VERIZON INVESTMENT MANAGEMENT CORP. FORM 13F - SOLE INSTR V. NONE AUTHORITY MARCH 31, 2003 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 -------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ ---- BJ SVCS CO COM 055482103 4,550 132,311 X 132,311 BMC SOFTWARE INC COM 055921100 1,478 97,963 X 97,963 BAKER HUGHES INC COM 057224107 7,369 246,192 X 246,192 BALL CORP COM 058498106 6,563 117,834 X 117,834 BANK OF AMERICA CORPORATION COM 060505104 90,676 1,356,620 X 1,356,620 BANK HAWAII CORP COM 062540109 3,638 118,102 X 118,102 BANK NEW YORK INC COM 064057102 3,676 179,334 X 179,334 BANK ONE CORP COM 06423A103 18,563 536,204 X 536,204 BANKNORTH GROUP INC NEW COM 06646R107 2,178 99,865 X 99,865 BARD C R INC COM 067383109 1,935 30,682 X 30,682 BARR LABS INC COM 068306109 3,053 53,566 X 53,566 BAUSCH & LOMB INC COM 071707103 669 20,333 X 20,333 BAXTER INTL INC COM 071813109 5,401 289,771 X 289,771 BEA SYS INC COM 073325102 1,263 124,520 X 124,520 BEAR STEARNS COS INC COM 073902108 13,518 206,061 X 206,061 BEARINGPOINT INC COM 074002106 244 38,311 X 38,311 BECKMAN COULTER INC COM 075811109 2,630 77,272 X 77,272 BECTON DICKINSON & CO COM 075887109 3,983 115,651 X 115,651 BED BATH & BEYOND INC COM 075896100 5,476 158,532 X 158,532 BELLSOUTH CORP COM 079860102 21,383 986,773 X 986,773 BELO CORP COM SER A 080555105 537 26,520 X 26,520 BEMIS INC COM 081437105 2,168 51,553 X 51,553 BERKSHIRE HATHAWAY INC DEL CL A 084670108 6,890 108 X 108 BEST BUY INC COM 086516101 4,840 179,455 X 179,455 BIG LOTS INC COM 089302103 356 31,676 X 31,676 BIOGEN INC COM 090597105 1,886 62,948 X 62,948 BIOMET INC COM 090613100 2,841 92,690 X 92,690 BLACK & DECKER CORP COM 091797100 1,272 36,479 X 36,479 BLACKROCK INC CL A 09247X101 1,586 36,423 X 36,423 BLOCK H & R INC COM 093671105 9,049 211,973 X 211,973 BOEING CO COM 097023105 10,826 432,016 X 432,016 BOISE CASCADE CORP COM 097383103 286 13,112 X 13,112 BORG WARNER INC COM 099724106 1,767 36,933 X 36,933 BOSTON SCIENTIFIC CORP COM 101137107 8,873 217,696 X 217,696 BOWATER INC COM 102183100 1,311 35,296 X 35,296 BRINKER INTL INC COM 109641100 2,747 90,074 X 90,074 BRISTOL MYERS SQUIBB CO COM 110122108 18,326 867,320 X 867,320 BROADCOM CORP CL A 111320107 827 66,970 X 66,970 BROCADE COMMUNICATIONS SYS I COM 111621108 280 57,329 X 57,329 BROWN & BROWN INC COM 115236101 1,190 38,015 X 38,015 BROWN FORMAN CORP CL B 115637209 1,667 21,673 X 21,673 BRUNSWICK CORP COM 117043109 314 16,532 X 16,532 BURLINGTON NORTHN SANTA FE C COM 12189T104 6,237 250,479 X 250,479 BURLINGTON RES INC COM 122014103 2,412 50,552 X 50,552 CDW COMPUTER CTRS INC COM 125129106 2,934 71,907 X 71,907 C H ROBINSON WORLDWIDE INC COM 12541W100 651 19,905 X 19,905 CIGNA CORP COM 125509109 4,899 107,158 X 107,158 CMS ENERGY CORP COM 125896100 215 48,856 X 48,856 CPB INC COM 125903104 570 22,400 X 22,400 CSG SYS INTL INC COM 126349109 111 12,785 X 12,785 CSX CORP COM 126408103 1,115 39,111 X 39,111 CVS CORP COM 126650100 2,057 86,235 X 86,235 CABLEVISION SYS CORP CL A NY CABLVS 12686C109 607 31,948 X 31,948 CABOT CORP COM 127055101 640 26,832 X 26,832 3 VERIZON INVESTMENT MANAGEMENT CORP. FORM 13F - SOLE INSTR V. NONE AUTHORITY MARCH 31, 2003 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 -------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ ---- CACI INTL INC CL A 127190304 834 25,000 X 25,000 CADENCE DESIGN SYSTEM INC COM 127387108 947 94,677 X 94,677 CALPINE CORP COM 131347106 357 108,047 X 108,047 CAMPBELL SOUP CO COM 134429109 1,341 63,835 X 63,835 CAPITAL ONE FINL CORP COM 14040H105 5,138 171,223 X 171,223 CARDINAL HEALTH INC COM 14149Y108 14,719 258,371 X 258,371 CAREER EDUCATION CORP COM 141665109 1,794 36,682 X 36,682 CAREMARK RX INC COM 141705103 1,544 85,075 X 85,075 CARLISLE COS INC COM 142339100 899 22,200 X 22,200 CARMAX INC COM 143130102 255 17,484 X 17,484 CARNIVAL CORP COM 143658102 2,309 95,783 X 95,783 CATELLUS DEV CORP COM 149111106 323 15,377 X 15,377 CATERPILLAR INC DEL COM 149123101 10,873 220,991 X 220,991 CELGENE CORP COM 151020104 954 36,563 X 36,563 CENDANT CORP COM 151313103 7,889 621,204 X 621,204 CENTERPOINT ENERGY INC COM 15189T107 378 53,630 X 53,630 CENTEX CORP COM 152312104 1,661 30,550 X 30,550 CENTURYTEL INC COM 156700106 4,878 176,732 X 176,732 CEPHALON INC COM 156708109 808 20,240 X 20,240 CERIDIAN CORP NEW COM 156779100 390 27,898 X 27,898 CERNER CORP COM 156782104 203 6,275 X 6,275 CERTEGY INC COM 156880106 358 14,217 X 14,217 CHARLES RIV LABS INTL INC COM 159864107 1,071 41,970 X 41,970 CHARTER ONE FINL INC COM 160903100 1,191 43,050 X 43,050 CHECKFREE CORP NEW COM 162813109 1,373 61,073 X 61,073 CHEESECAKE FACTORY INC COM 163072101 422 13,084 X 13,084 CHEMED CORP COM 163596109 650 20,500 X 20,500 CHEVRONTEXACO CORP COM 166764100 39,028 603,687 X 603,687 CHICOS FAS INC COM 168615102 1,655 82,770 X 82,770 CHIRON CORP COM 170040109 2,746 73,220 X 73,220 CHOICEPOINT INC COM 170388102 2,878 84,908 X 84,908 CHUBB CORP COM 171232101 2,724 61,462 X 61,462 CHURCH & DWIGHT INC COM 171340102 727 23,942 X 23,942 CIENA CORP COM 171779101 513 117,287 X 117,287 CIMAREX ENERGY CO COM 171798101 518 26,658 X 26,658 CINCINNATI FINL CORP COM 172062101 1,929 54,998 X 54,998 CINERGY CORP COM 172474108 4,415 131,216 X 131,216 CIRCUIT CITY STORE INC COM 172737108 222 42,649 X 42,649 CISCO SYS INC COM 17275R102 74,355 5,728,401 X 5,728,401 CINTAS CORP COM 172908105 2,692 81,826 X 81,826 CITIGROUP INC COM 172967101 118,184 3,430,595 X 3,430,595 CITIZENS COMMUNICATIONS CO COM 17453B101 1,299 130,174 X 130,174 CITRIX SYS INC COM 177376100 751 57,074 X 57,074 CLARCOR INC COM 179895107 2,501 69,100 X 69,100 CLEAR CHANNEL COMMUNICATIONS COM 184502102 8,341 245,916 X 245,916 CLOROX CO DEL COM 189054109 7,236 156,718 X 156,718 COACH INC COM 189754104 6,897 179,950 X 179,950 COCA COLA CO COM 191216100 56,673 1,400,034 X 1,400,034 COCA COLA ENTERPRISES INC COM 191219104 3,247 173,745 X 173,745 COLGATE PALMOLIVE CO COM 194162103 11,799 216,731 X 216,731 COLUMBIA SPORTSWEAR CO COM 198516106 1,915 51,518 X 51,518 COMCAST CORP NEW CL A 20030N101 24,858 869,450 X 869,450 COMCAST CORP NEW CL A SPL 20030N200 3,516 127,900 X 127,900 COMERICA INC COM 200340107 4,803 126,783 X 126,783 4 VERIZON INVESTMENT MANAGEMENT CORP. FORM 13F - SOLE INSTR V. NONE AUTHORITY MARCH 31, 2003 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 -------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ ---- COMMERCE BANCORP INC NJ COM 200519106 3,067 77,175 X 77,175 COMMERCE BANCSHARES INC COM 200525103 1,233 33,730 X 33,730 COMMERCIAL FEDERAL CORPORATI COM 201647104 302 13,900 X 13,900 COMPASS BANCSHARES INC COM 20449H109 647 20,687 X 20,687 COMPUTER ASSOC INTL INC COM 204912109 1,849 135,347 X 135,347 COMPUTER SCIENCES CORP COM 205363104 1,481 45,498 X 45,498 COMPUWARE CORP COM 205638109 305 90,003 X 90,003 COMVERSE TECHNOLOGY INC COM PAR $0.10 205862402 655 57,883 X 57,883 CONAGRA FOODS INC COM 205887102 5,336 265,758 X 265,758 CONCORD EFS INC COM 206197105 2,735 290,915 X 290,915 CONEXANT SYSTEMS INC COM 207142100 55 36,923 X 36,923 CONNECTICUT BANCSHARES INC COM 207540105 1,454 35,000 X 35,000 CONOCOPHILLIPS COM 20825C104 29,207 544,912 X 544,912 CONSOLIDATED EDISON INC COM 209115104 4,093 106,403 X 106,403 CONSTELLATION BRANDS INC CL A 21036P108 1,969 86,731 X 86,731 CONSTELLATION ENERGY GROUP I COM 210371100 1,890 68,171 X 68,171 CONVERGYS CORP COM 212485106 983 74,506 X 74,506 COOPER CAMERON CORP COM 216640102 3,674 74,213 X 74,213 COOPER TIRE & RUBR CO COM 216831107 369 30,214 X 30,214 COORS ADOLPH CO CL B 217016104 3,894 80,296 X 80,296 COPART INC COM 217204106 115 14,989 X 14,989 CORNING INC COM 219350105 1,950 333,985 X 333,985 COSTCO WHSL CORP NEW COM 22160K105 4,486 149,390 X 149,390 COUNTRYWIDE FINANCIAL CORP COM 222372104 8,828 153,535 X 153,535 COVANCE INC COM 222816100 307 13,300 X 13,300 COVENTRY HEALTH CARE INC COM 222862104 2,196 66,742 X 66,742 COX COMMUNICATIONS INC NEW CL A 224044107 579 18,602 X 18,602 COX RADIO INC CL A 224051102 948 45,888 X 45,888 CRANE CO COM 224399105 321 18,426 X 18,426 CYMER INC COM 232572107 381 16,095 X 16,095 CYPRESS SEMICONDUCTOR CORP COM 232806109 195 28,303 X 28,303 CYTYC CORP COM 232946103 533 40,854 X 40,854 D R HORTON INC COM 23331A109 374 19,499 X 19,499 DST SYS INC DEL COM 233326107 1,209 44,432 X 44,432 DTE ENERGY CO COM 233331107 11,971 309,730 X 309,730 DANA CORP COM 235811106 193 27,279 X 27,279 DANAHER CORP DEL COM 235851102 4,665 70,933 X 70,933 DARDEN RESTAURANTS INC COM 237194105 1,069 59,898 X 59,898 DAVITA INC COM 23918K108 606 29,213 X 29,213 DEAN FOODS CO NEW COM 242370104 6,438 150,042 X 150,042 DEERE & CO COM 244199105 4,780 121,748 X 121,748 DELL COMPUTER CORP COM 247025109 59,925 2,194,256 X 2,194,256 DELPHI CORP COM 247126105 703 102,926 X 102,926 DELTA AIR LINES INC DEL COM 247361108 202 22,651 X 22,651 DENBURY RES INC COM NEW 247916208 393 36,300 X 36,300 DELUXE CORP COM 248019101 3,488 86,911 X 86,911 DENTSPLY INTL INC NEW COM 249030107 1,559 44,809 X 44,809 DEVON ENERGY CORP NEW COM 25179M103 5,597 116,081 X 116,081 DEVRY INC DEL COM 251893103 239 12,809 X 12,809 DIAL CORP NEW COM 25247D101 2,560 131,969 X 131,969 DIAMOND OFFSHORE DRILLING IN COM 25271C102 252 12,963 X 12,963 DIEBOLD INC COM 253651103 3,334 98,242 X 98,242 DILLARDS INC CL A 254067101 429 33,209 X 33,209 DISNEY WALT CO COM DISNEY 254687106 21,843 1,283,350 X 1,283,350 5 VERIZON INVESTMENT MANAGEMENT CORP. FORM 13F - SOLE INSTR V. NONE AUTHORITY MARCH 31, 2003 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 -------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ ---- DOLLAR GEN CORP COM 256669102 1,264 103,543 X 103,543 DOLLAR TREE STORES INC COM 256747106 506 25,439 X 25,439 DOMINION RES INC VA NEW COM 25746U109 6,144 110,958 X 110,958 DONALDSON INC COM 257651109 1,627 44,480 X 44,480 DONNELLEY R R & SONS CO COM 257867101 416 22,717 X 22,717 DORAL FINL CORP COM 25811P100 3,788 107,145 X 107,145 DOUBLECLICK INC COM 258609304 148 19,000 X 19,000 DOVER CORP COM 260003108 1,359 56,105 X 56,105 DOW CHEM CO COM 260543103 18,097 655,440 X 655,440 DOW JONES & CO INC COM 260561105 654 18,466 X 18,466 DREYERS GRAND ICE CREAM INC COM 261878102 288 4,157 X 4,157 DU PONT E I DE NEMOURS & CO COM 263534109 19,862 511,125 X 511,125 DUKE ENERGY CORP COM 264399106 5,272 362,583 X 362,583 DUKE REALTY CORP COM NEW 264411505 834 30,895 X 30,895 DUN & BRADSTREET CORP DEL NE COM 26483E100 2,225 58,168 X 58,168 DYNEGY INC NEW CL A 26816Q101 194 74,154 X 74,154 E M C CORP MASS COM 268648102 6,730 930,805 X 930,805 ENSCO INTL INC COM 26874Q100 2,124 83,275 X 83,275 ENI S P A SPONSORED ADR 26874R108 808 12,100 X 12,100 EOG RES INC COM 26875P101 1,826 46,159 X 46,159 E TRADE GROUP INC COM 269246104 266 63,264 X 63,264 EASTMAN CHEM CO COM 277432100 2,942 101,468 X 101,468 EASTMAN KODAK CO COM 277461109 7,642 258,174 X 258,174 EATON CORP COM 278058102 3,812 54,500 X 54,500 EATON VANCE CORP COM NON VTG 278265103 627 23,445 X 23,445 EBAY INC COM 278642103 17,077 200,174 X 200,174 ECHOSTAR COMMUNICATIONS NEW CL A 278762109 2,145 74,270 X 74,270 ECOLAB INC COM 278865100 4,755 96,398 X 96,398 EDISON INTL COM 281020107 2,920 213,317 X 213,317 EDUCATION MGMT CORP COM 28139T101 220 5,524 X 5,524 J D EDWARDS & CO COM 281667105 534 48,376 X 48,376 EDWARDS LIFESCIENCES CORP COM 28176E108 285 10,410 X 10,410 EDWARDS AG INC COM 281760108 1,100 42,469 X 42,469 EL PASO CORP COM 28336L109 1,819 300,602 X 300,602 ELECTRONIC ARTS INC COM 285512109 6,081 103,695 X 103,695 ELECTRONIC DATA SYS NEW COM 285661104 3,839 218,129 X 218,129 EMERSON ELEC CO COM 291011104 10,213 225,198 X 225,198 EMULEX CORP COM NEW 292475209 298 15,555 X 15,555 ENERGEN CORP COM 29265N108 862 26,900 X 26,900 ENERGY EAST CORP COM 29266M109 1,170 65,729 X 65,729 ENERGIZER HLDGS INC COM 29266R108 2,074 81,360 X 81,360 ENGELHARD CORP COM 292845104 1,367 63,840 X 63,840 ENGINEERED SUPPORT SYS INC COM 292866100 3,527 90,100 X 90,100 ENTERCOM COMMUNICATIONS CORP CL A 293639100 2,892 65,867 X 65,867 ENTERGY CORP NEW COM 29364G103 8,081 167,827 X 167,827 EQUIFAX INC COM 294429105 1,641 82,081 X 82,081 EQUITABLE RES INC COM 294549100 2,566 68,416 X 68,416 EQUITY OFFICE PROPERTIES TRU COM 294741103 8,878 348,843 X 348,843 EQUITY RESIDENTIAL SH BEN INT 29476L107 2,124 88,223 X 88,223 ERIE INDTY CO CL A 29530P102 479 13,202 X 13,202 EXELON CORP COM 30161N101 4,152 82,373 X 82,373 EXPEDIA INC CL A 302125109 1,923 37,222 X 37,222 EXPEDITORS INTL WASH INC COM 302130109 2,274 63,268 X 63,268 EXPRESS SCRIPTS INC COM 302182100 1,863 33,455 X 33,455 6 VERIZON INVESTMENT MANAGEMENT CORP. FORM 13F - SOLE INSTR V. NONE AUTHORITY MARCH 31, 2003 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 -------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ ---- EXXON MOBIL CORP COM 30231G102 146,079 4,179,671 X 4,179,671 FLIR SYS INC COM 302445101 303 6,400 X 6,400 FPL GROUP INC COM 302571104 5,381 91,313 X 91,313 FAIR ISAAC & CO INC COM 303250104 531 10,447 X 10,447 FAIRCHILD SEMICONDUCTOR INTL CL A 303726103 767 73,340 X 73,340 FAMILY DLR STORES INC COM 307000109 3,285 106,393 X 106,393 FASTENAL CO COM 311900104 808 28,651 X 28,651 FEDERAL HOME LN MTG CORP COM 313400301 27,061 509,631 X 509,631 FEDERAL NATL MTG ASSN COM 313586109 51,844 793,328 X 793,328 FEDERATED DEPT STORES INC DE COM 31410H101 2,055 73,346 X 73,346 FEDERATED INVS INC PA CL B 314211103 1,034 40,641 X 40,641 FEDEX CORP COM 31428X106 9,277 168,461 X 168,461 FERRO CORP COM 315405100 859 40,200 X 40,200 FIDELITY NATL FINL INC COM 316326107 764 22,384 X 22,384 FIFTH THIRD BANCORP COM 316773100 13,299 264,756 X 264,756 FIRST AMERN CORP CALIF COM 318522307 457 18,710 X 18,710 FIRST DATA CORP COM 319963104 24,085 650,777 X 650,777 FIRST INDUSTRIAL REALTY TRUS COM 32054K103 423 14,953 X 14,953 FIRST HEALTH GROUP CORP COM 320960107 576 22,650 X 22,650 FIRST TENN NATL CORP COM 337162101 10,168 256,047 X 256,047 FISERV INC COM 337738108 3,577 113,640 X 113,640 FLAGSTAR BANCORP INC COM 337930101 630 23,900 X 23,900 FIRSTENERGY CORP COM 337932107 6,889 218,705 X 218,705 FISHER SCIENTIFIC INTL INC COM NEW 338032204 341 12,193 X 12,193 FLEETBOSTON FINL CORP COM 339030108 15,838 663,216 X 663,216 FLUOR CORP NEW COM 343412102 569 16,881 X 16,881 FLOWSERVE CORP COM 34354P105 132 11,304 X 11,304 FOOT LOCKER INC COM 344849104 185 17,287 X 17,287 FORD MTR CO DEL COM PAR $0.01 345370860 4,977 661,900 X 661,900 FOREST LABS INC COM 345838106 19,621 363,562 X 363,562 FORTUNE BRANDS INC COM 349631101 6,133 143,064 X 143,064 FOX ENTMT GROUP INC CL A 35138T107 5,141 192,775 X 192,775 FRANKLIN RES INC COM 354613101 1,810 54,998 X 54,998 FREEPORT-MCMORAN COPPER & GO CL B 35671D857 959 56,226 X 56,226 GALLAGHER ARTHUR J & CO COM 363576109 1,428 58,159 X 58,159 GALLAHER GROUP PLC SPONSORED ADR 363595109 1,050 27,400 X 27,400 GANNETT INC COM 364730101 14,406 204,548 X 204,548 GAP INC DEL COM 364760108 4,679 322,946 X 322,946 GATEWAY INC COM 367626108 119 50,406 X 50,406 GEMSTAR-TV GUIDE INTL INC COM 36866W106 118 32,137 X 32,137 GENENTECH INC COM NEW 368710406 1,612 46,041 X 46,041 GENERAL DYNAMICS CORP COM 369550108 4,831 87,720 X 87,720 GENERAL ELEC CO COM 369604103 179,836 7,052,400 X 7,052,400 GENERAL GROWTH PPTYS INC COM 370021107 2,230 41,343 X 41,343 GENERAL MLS INC COM 370334104 6,113 134,210 X 134,210 GENERAL MTRS CORP COM 370442105 17,367 516,574 X 516,574 GENERAL MTRS CORP CL H NEW 370442832 1,569 140,111 X 140,111 GENTEX CORP COM 371901109 431 16,928 X 16,928 GENUINE PARTS CO COM 372460105 2,988 97,944 X 97,944 GENZYME CORP COM GENL DIV 372917104 2,385 65,425 X 65,425 GEORGIA PAC CORP COM 373298108 2,250 161,864 X 161,864 GILEAD SCIENCES INC COM 375558103 6,016 143,283 X 143,283 GILLETTE CO COM 375766102 10,676 345,057 X 345,057 GLOBAL PMTS INC COM 37940X102 240 7,863 X 7,863 7 VERIZON INVESTMENT MANAGEMENT CORP. FORM 13F - SOLE INSTR V. NONE AUTHORITY MARCH 31, 2003 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 -------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ ---- GOLDEN WEST FINL CORP DEL COM 381317106 9,827 136,623 X 136,623 GOLDMAN SACHS GROUP INC COM 38141G104 15,897 233,501 X 233,501 GOODRICH CORP COM 382388106 317 22,557 X 22,557 GOODYEAR TIRE & RUBR CO COM 382550101 152 29,334 X 29,334 GRACO INC COM 384109104 836 29,735 X 29,735 GRAINGER W W INC COM 384802104 1,892 44,111 X 44,111 GRANT PRIDECO INC COM 38821G101 324 26,896 X 26,896 GREAT LAKES CHEM CORP COM 390568103 2,232 100,520 X 100,520 GREAT PLAINS ENERGY INC COM 391164100 2,073 86,828 X 86,828 GREATER BAY BANCORP COM 391648102 263 18,325 X 18,325 GREENPOINT FINL CORP COM 395384100 2,538 56,645 X 56,645 GTECH HLDGS CORP COM 400518106 568 17,389 X 17,389 GUIDANT CORP COM 401698105 7,535 208,162 X 208,162 HCA INC COM 404119109 14,746 356,539 X 356,539 HSBC HLDGS PLC SPON ADR NEW 404280406 3,228 63,152 X 63,152 HALLIBURTON CO COM 406216101 5,274 254,397 X 254,397 HANCOCK JOHN FINL SVCS INC COM 41014S106 1,501 54,048 X 54,048 HARLEY DAVIDSON INC COM 412822108 7,795 196,304 X 196,304 HARMAN INTL INDS INC COM 413086109 2,842 48,517 X 48,517 HARRAHS ENTMT INC COM 413619107 3,276 91,769 X 91,769 HARRIS CORP DEL COM 413875105 678 24,421 X 24,421 HARTE-HANKS INC COM 416196103 927 48,554 X 48,554 HARTFORD FINL SVCS GROUP INC COM 416515104 2,784 78,895 X 78,895 HASBRO INC COM 418056107 413 29,745 X 29,745 HAWAIIAN ELEC INDUSTRIES COM 419870100 2,825 69,306 X 69,306 HEALTH CARE PPTY INVS INC COM 421915109 905 27,141 X 27,141 HEALTHSOUTH CORP COM 421924101 5 76,658 X 76,658 HEALTH MGMT ASSOC INC NEW CL A 421933102 1,585 83,415 X 83,415 HEALTH NET INC COM 42222G108 1,921 71,743 X 71,743 HEINZ H J CO COM 423074103 2,683 91,881 X 91,881 HELMERICH & PAYNE INC COM 423452101 1,112 43,395 X 43,395 HENRY JACK & ASSOC INC COM 426281101 161 15,219 X 15,219 HERCULES INC COM 427056106 366 42,070 X 42,070 HERSHEY FOODS CORP COM 427866108 3,531 56,347 X 56,347 HEWLETT PACKARD CO COM 428236103 23,348 1,501,508 X 1,501,508 HIBERNIA CORP CL A 428656102 970 57,169 X 57,169 HILLENBRAND INDS INC COM 431573104 1,218 23,900 X 23,900 HILTON HOTELS CORP COM 432848109 1,238 106,666 X 106,666 HISPANIC BROADCASTING CORP CL A 43357B104 205 9,901 X 9,901 HOLLY CORP COM PAR $0.01 435758305 919 32,100 X 32,100 HOME DEPOT INC COM 437076102 36,961 1,517,291 X 1,517,291 HON INDS INC COM 438092108 400 14,043 X 14,043 HONEYWELL INTL INC COM 438516106 7,591 355,389 X 355,389 HORMEL FOODS CORP COM 440452100 1,154 54,506 X 54,506 HOST MARRIOTT CORP NEW COM 44107P104 100 14,495 X 14,495 HOTELS COM COM 44147T108 688 11,921 X 11,921 HUBBELL INC CL B 443510201 1,140 36,433 X 36,433 HUDSON CITY BANCORP COM 443683107 1,655 81,793 X 81,793 HUDSON UNITED BANCORP COM 444165104 1,440 46,769 X 46,769 HUMANA INC COM 444859102 298 30,995 X 30,995 HUMAN GENOME SCIENCES INC COM 444903108 305 35,624 X 35,624 HUNTINGTON BANCSHARES INC COM 446150104 838 45,063 X 45,063 IDEC PHARMACEUTICALS CORP COM 449370105 2,515 73,488 X 73,488 IMS HEALTH INC COM 449934108 1,389 89,013 X 89,013 8 VERIZON INVESTMENT MANAGEMENT CORP. FORM 13F - SOLE INSTR V. NONE AUTHORITY MARCH 31, 2003 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 -------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ ---- ITT INDS INC IND COM 450911102 8,329 155,954 X 155,954 IKON OFFICE SOLUTIONS INC COM 451713101 308 43,384 X 43,384 ILLINOIS TOOL WKS INC COM 452308109 6,482 111,470 X 111,470 IMATION CORP COM 45245A107 517 13,900 X 13,900 INCO LTD COM 453258402 335 18,000 X 18,000 INDEPENDENCE CMNTY BK CORP COM 453414104 1,103 41,709 X 41,709 INGRAM MICRO INC CL A 457153104 409 37,102 X 37,102 INTEGRATED CIRCUIT SYS INC COM 45811K208 1,087 50,106 X 50,106 INTEGRATED DEVICE TECHNOLOGY COM 458118106 225 28,340 X 28,340 INTEL CORP COM 458140100 85,152 5,230,475 X 5,230,475 INTER TEL INC COM 458372109 150 10,000 X 10,000 INTERACTIVE DATA CORP COM 45840J107 801 57,206 X 57,206 INTERNATIONAL BUSINESS MACHS COM 459200101 97,475 1,242,827 X 1,242,827 INTERNATIONAL FLAVORS&FRAGRA COM 459506101 1,761 56,648 X 56,648 INTERNATIONAL GAME TECHNOLOG COM 459902102 5,785 70,629 X 70,629 INTL PAPER CO COM 460146103 8,703 257,488 X 257,488 INTERNATIONAL RECTIFIER CORP COM 460254105 831 42,251 X 42,251 INTERSIL CORP CL A 46069S109 732 47,075 X 47,075 INTERPUBLIC GROUP COS INC COM 460690100 1,226 131,818 X 131,818 INTUIT COM 461202103 4,170 112,109 X 112,109 INVESTMENT TECHNOLOGY GRP NE COM 46145F105 218 15,616 X 15,616 INVITROGEN CORP COM 46185R100 215 7,011 X 7,011 INVESTORS FINL SERVICES CORP COM 461915100 350 14,391 X 14,391 IOMEGA CORP COM NEW 462030305 706 63,600 X 63,600 IRON MTN INC PA COM 462846106 757 19,780 X 19,780 I2 TECHNOLOGIES INC COM 465754109 34 42,624 X 42,624 IVAX CORP COM 465823102 716 58,461 X 58,461 JDS UNIPHASE CORP COM 46612J101 1,896 665,281 X 665,281 J P MORGAN CHASE & CO COM 46625H100 22,490 948,526 X 948,526 JABIL CIRCUIT INC COM 466313103 1,558 89,026 X 89,026 JACOBS ENGR GROUP INC DEL COM 469814107 3,203 76,246 X 76,246 JANUS CAP GROUP INC COM 47102X105 1,313 115,314 X 115,314 JEFFERSON PILOT CORP COM 475070108 1,063 27,618 X 27,618 JETBLUE AWYS CORP COM 477143101 840 30,310 X 30,310 JOHNSON & JOHNSON COM 478160104 142,646 2,464,946 X 2,464,946 JOHNSON CTLS INC COM 478366107 13,232 182,661 X 182,661 JONES APPAREL GROUP INC COM 480074103 7,461 271,999 X 271,999 JUNIPER NETWORKS INC COM 48203R104 564 68,984 X 68,984 KLA-TENCOR CORP COM 482480100 4,956 137,900 X 137,900 KB HOME COM 48666K109 1,530 33,663 X 33,663 KELLOGG CO COM 487836108 3,563 116,238 X 116,238 KERR MCGEE CORP COM 492386107 747 18,386 X 18,386 KEYCORP NEW COM 493267108 7,565 335,314 X 335,314 KEYSPAN CORP COM 49337W100 1,685 52,253 X 52,253 KIMBERLY CLARK CORP COM 494368103 6,928 152,408 X 152,408 KIMCO REALTY CORP COM 49446R109 1,006 28,644 X 28,644 KINDER MORGAN INC KANS COM 49455P101 2,638 58,633 X 58,633 KING PHARMACEUTICALS INC COM 495582108 1,095 91,781 X 91,781 KNIGHT RIDDER INC COM 499040103 5,774 98,697 X 98,697 KOHLS CORP COM 500255104 15,797 279,194 X 279,194 KRAFT FOODS INC CL A 50075N104 6,541 231,963 X 231,963 KRISPY KREME DOUGHNUTS INC COM 501014104 315 9,291 X 9,291 KROGER CO COM 501044101 5,075 385,895 X 385,895 KRONOS INC COM 501052104 669 19,100 X 19,100 9 VERIZON INVESTMENT MANAGEMENT CORP. FORM 13F - SOLE INSTR V. NONE AUTHORITY MARCH 31, 2003 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 -------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ ---- LNR PPTY CORP COM 501940100 930 27,600 X 27,600 LSI LOGIC CORP COM 502161102 443 97,986 X 97,986 L-3 COMMUNICATIONS HLDGS INC COM 502424104 3,455 86,006 X 86,006 LABORATORY CORP AMER HLDGS COM NEW 50540R409 1,080 36,432 X 36,432 LAM RESEARCH CORP COM 512807108 736 64,633 X 64,633 LAMAR ADVERTISING CO CL A 512815101 733 24,983 X 24,983 LANCASTER COLONY CORP COM 513847103 1,496 39,022 X 39,022 LANDAMERICA FINL GROUP INC COM 514936103 938 23,600 X 23,600 LAUDER ESTEE COS INC CL A 518439104 572 18,848 X 18,848 LEAR CORP COM 521865105 2,104 59,532 X 59,532 LEGGETT & PLATT INC COM 524660107 842 46,065 X 46,065 LEGG MASON INC COM 524901105 5,264 108,005 X 108,005 LEHMAN BROS HLDGS INC COM 524908100 13,293 230,189 X 230,189 LENNAR CORP COM 526057104 204 3,806 X 3,806 LEUCADIA NATL CORP COM 527288104 2,009 56,198 X 56,198 LEVEL 3 COMMUNICATIONS INC COM 52729N100 471 91,269 X 91,269 LEXMARK INTL NEW CL A 529771107 8,881 132,655 X 132,655 LIBERTY CORP S C COM 530370105 401 9,200 X 9,200 LIBERTY MEDIA CORP NEW COM SER A 530718105 8,384 861,703 X 861,703 LIFEPOINT HOSPITALS INC COM 53219L109 221 8,801 X 8,801 LILLY ELI & CO COM 532457108 34,652 606,334 X 606,334 LIMITED BRANDS INC COM 532716107 1,665 129,358 X 129,358 LINCARE HLDGS INC COM 532791100 1,559 50,797 X 50,797 LINCOLN NATL CORP IND COM 534187109 1,140 40,708 X 40,708 LINEAR TECHNOLOGY CORP COM 535678106 7,796 252,549 X 252,549 LIZ CLAIBORNE INC COM 539320101 2,364 76,452 X 76,452 LOCKHEED MARTIN CORP COM 539830109 13,557 285,113 X 285,113 LOEWS CORP COM 540424108 4,981 125,035 X 125,035 LOUISIANA PAC CORP COM 546347105 101 12,738 X 12,738 LOWES COS INC COM 548661107 25,382 621,804 X 621,804 LUCENT TECHNOLOGIES INC COM 549463107 3,029 2,060,351 X 2,060,351 LYONDELL CHEMICAL CO COM 552078107 664 47,574 X 47,574 M & T BK CORP COM 55261F104 3,793 48,270 X 48,270 MBIA INC COM 55262C100 1,602 41,470 X 41,470 MBNA CORP COM 55262L100 10,900 724,271 X 724,271 MGIC INVT CORP WIS COM 552848103 1,653 42,087 X 42,087 MTS SYS CORP COM 553777103 120 11,100 X 11,100 MACK CALI RLTY CORP COM 554489104 1,575 50,863 X 50,863 MACROMEDIA INC COM 556100105 143 11,841 X 11,841 MANDALAY RESORT GROUP COM 562567107 508 18,439 X 18,439 MANOR CARE INC NEW COM 564055101 607 31,585 X 31,585 MANPOWER INC COM 56418H100 726 24,302 X 24,302 MARATHON OIL CORP COM 565849106 5,358 223,529 X 223,529 MARSH & MCLENNAN COS INC COM 571748102 11,693 274,292 X 274,292 MARSHALL & ILSLEY CORP COM 571834100 1,088 42,568 X 42,568 MARRIOTT INTL INC NEW CL A 571903202 2,339 73,534 X 73,534 MASCO CORP COM 574599106 2,814 151,109 X 151,109 MATTEL INC COM 577081102 7,498 333,240 X 333,240 MAXIM INTEGRATED PRODS INC COM 57772K101 11,267 311,945 X 311,945 MAY DEPT STORES CO COM 577778103 1,048 52,670 X 52,670 MAYTAG CORP COM 578592107 511 26,829 X 26,829 MCCLATCHY CO CL A 579489105 703 13,120 X 13,120 MCCORMICK & CO INC COM NON VTG 579780206 1,326 54,918 X 54,918 MCDONALDS CORP COM 580135101 5,955 411,846 X 411,846 10 VERIZON INVESTMENT MANAGEMENT CORP. FORM 13F - SOLE INSTR V. NONE AUTHORITY MARCH 31, 2003 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 -------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ ---- MCGRAW HILL COS INC COM 580645109 3,998 71,920 X 71,920 MCKESSON CORP COM 58155Q103 2,729 109,465 X 109,465 MEADWESTVACO CORP COM 583334107 2,694 118,283 X 118,283 MEDIA GEN INC CL A 584404107 969 19,673 X 19,673 MEDICIS PHARMACEUTICAL CORP CL A NEW 584690309 285 5,118 X 5,118 MEDIMMUNE INC COM 584699102 3,697 112,598 X 112,598 MEDTRONIC INC COM 585055106 28,639 634,722 X 634,722 MELLON FINL CORP COM 58551A108 2,715 127,718 X 127,718 MERCK & CO INC COM 589331107 91,947 1,678,475 X 1,678,475 MERCURY INTERACTIVE CORP COM 589405109 1,088 36,651 X 36,651 MEREDITH CORP COM 589433101 434 11,365 X 11,365 MERRILL LYNCH & CO INC COM 590188108 18,908 534,135 X 534,135 METLIFE INC COM 59156R108 4,808 182,263 X 182,263 METRO GOLDWYN MAYER INC COM 591610100 269 25,620 X 25,620 METTLER TOLEDO INTERNATIONAL COM 592688105 237 7,952 X 7,952 MICHAELS STORES INC COM 594087108 371 14,835 X 14,835 MICREL INC COM 594793101 129 14,010 X 14,010 MICROSOFT CORP COM 594918104 180,456 7,453,760 X 7,453,760 MICROCHIP TECHNOLOGY INC COM 595017104 3,544 178,098 X 178,098 MICRON TECHNOLOGY INC COM 595112103 1,237 152,009 X 152,009 MID ATLANTIC MED SVCS INC COM 59523C107 744 18,360 X 18,360 MILLENNIUM PHARMACEUTICALS I COM 599902103 341 43,384 X 43,384 MILLER HERMAN INC COM 600544100 274 17,038 X 17,038 MILLIPORE CORP COM 601073109 544 16,638 X 16,638 MIRANT CORP COM 604675108 135 84,226 X 84,226 MODINE MFG CO COM 607828100 238 15,900 X 15,900 MOHAWK INDS INC COM 608190104 551 11,497 X 11,497 MOLEX INC COM 608554101 1,071 49,867 X 49,867 MONSANTO CO NEW COM 61166W101 3,564 217,300 X 217,300 MOODYS CORP COM 615369105 3,731 80,699 X 80,699 MOOG INC CL A 615394202 389 12,700 X 12,700 MORGAN STANLEY COM NEW 617446448 23,516 613,191 X 613,191 MOTOROLA INC COM 620076109 11,610 1,405,532 X 1,405,532 MURPHY OIL CORP COM 626717102 4,457 100,900 X 100,900 MYLAN LABS INC COM 628530107 6,323 219,945 X 219,945 NCR CORP NEW COM 62886E108 1,018 55,505 X 55,505 NVR INC COM 62944T105 4,177 12,695 X 12,695 NATIONAL CITY CORP COM 635405103 14,909 535,329 X 535,329 NATIONAL COMMERCE FINL CORP COM 63545P104 302 12,740 X 12,740 NATIONAL GRID TRANSCO PLC SPONSORED ADR 636274102 428 13,915 X 13,915 NATIONAL HEALTH INVS INC COM 63633D104 405 26,400 X 26,400 NATIONAL INSTRS CORP COM 636518102 230 6,529 X 6,529 NATIONAL-OILWELL INC COM 637071101 297 13,270 X 13,270 NATIONAL SEMICONDUCTOR CORP COM 637640103 1,033 60,638 X 60,638 NATIONWIDE HEALTH PPTYS INC COM 638620104 242 18,800 X 18,800 NAVISTAR INTL CORP NEW COM 63934E108 866 35,204 X 35,204 NETWORKS ASSOCS INC COM 640938106 827 59,874 X 59,874 NETWORK APPLIANCE INC COM 64120L104 1,468 131,193 X 131,193 NEUBERGER BERMAN INC COM 641234109 482 17,088 X 17,088 NEW CENTURY FINANCIAL CORP COM 64352D101 736 23,600 X 23,600 NEW YORK CMNTY BANCORP INC COM 649445103 369 12,371 X 12,371 NEW YORK TIMES CO CL A 650111107 1,805 41,826 X 41,826 NEWELL RUBBERMAID INC COM 651229106 2,364 83,384 X 83,384 NEWFIELD EXPL CO COM 651290108 381 11,230 X 11,230 11 VERIZON INVESTMENT MANAGEMENT CORP. FORM 13F - SOLE INSTR V. NONE AUTHORITY MARCH 31, 2003 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 -------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ ---- NEWMONT MINING CORP COM 651639106 5,300 202,691 X 202,691 NEXTEL COMMUNICATIONS INC CL A 65332V103 6,531 487,780 X 487,780 NICOR INC COM 654086107 225 8,220 X 8,220 NIKE INC CL B 654106103 2,970 57,759 X 57,759 99 CENTS ONLY STORES COM 65440K106 1,339 52,505 X 52,505 NISOURCE INC COM 65473P105 1,390 76,373 X 76,373 NOKIA CORP SPONSORED ADR 654902204 4,429 316,100 X 316,100 NOBLE ENERGY INC COM 655044105 1,466 42,746 X 42,746 NORDSTROM INC COM 655664100 360 22,216 X 22,216 NORFOLK SOUTHERN CORP COM 655844108 2,764 148,910 X 148,910 NORTEL NETWORKS CORP NEW COM 656568102 1,937 931,028 X 931,028 NORTH FORK BANCORPORATION NY COM 659424105 2,547 86,481 X 86,481 NORTHERN TR CORP COM 665859104 1,668 54,780 X 54,780 NORTHROP GRUMMAN CORP COM 666807102 11,489 133,906 X 133,906 NOVELL INC COM 670006105 95 44,164 X 44,164 NOVELLUS SYS INC COM 670008101 1,331 48,810 X 48,810 NUCOR CORP COM 670346105 1,351 35,396 X 35,396 NVIDIA CORP COM 67066G104 767 59,544 X 59,544 NUVEEN INVTS INC CL A 67090F106 2,644 118,305 X 118,305 OCCIDENTAL PETE CORP DEL COM 674599105 11,621 387,880 X 387,880 OCEAN ENERGY INC DEL COM 67481E106 870 43,501 X 43,501 OFFICE DEPOT INC COM 676220106 1,394 117,841 X 117,841 OMNICARE INC COM 681904108 340 12,512 X 12,512 OMNICOM GROUP INC COM 681919106 6,772 125,019 X 125,019 OMNOVA SOLUTIONS INC COM 682129101 55 18,800 X 18,800 ORACLE CORP COM 68389X105 35,213 3,245,735 X 3,245,735 O REILLY AUTOMOTIVE INC COM 686091109 218 8,035 X 8,035 OUTBACK STEAKHOUSE INC COM 689899102 309 8,726 X 8,726 OWENS ILL INC COM NEW 690768403 306 33,883 X 33,883 OXFORD HEALTH PLANS INC COM 691471106 1,668 54,925 X 54,925 PG&E CORP COM 69331C108 2,923 217,316 X 217,316 PMC-SIERRA INC COM 69344F106 342 57,505 X 57,505 PMI GROUP INC COM 69344M101 2,089 81,749 X 81,749 PNC FINL SVCS GROUP INC COM 693475105 3,924 92,602 X 92,602 PPG INDS INC COM 693506107 2,544 56,428 X 56,428 PPL CORP COM 69351T106 2,658 74,632 X 74,632 PACCAR INC COM 693718108 4,835 96,176 X 96,176 PACTIV CORP COM 695257105 1,315 64,790 X 64,790 PALL CORP COM 696429307 458 22,911 X 22,911 PARAMETRIC TECHNOLOGY CORP COM 699173100 69 31,677 X 31,677 PARK PL ENTMT CORP COM 700690100 119 16,773 X 16,773 PARKER HANNIFIN CORP COM 701094104 836 21,583 X 21,583 PATINA OIL & GAS CORP COM 703224105 253 7,700 X 7,700 PATTERSON DENTAL CO COM 703412106 1,438 31,302 X 31,302 PATTERSON UTI ENERGY INC COM 703481101 1,039 32,163 X 32,163 PAYCHEX INC COM 704326107 5,411 196,995 X 196,995 PEABODY ENERGY CORP COM 704549104 362 12,983 X 12,983 PENNEY J C INC COM 708160106 2,829 144,027 X 144,027 PENTAIR INC COM 709631105 345 9,751 X 9,751 PEOPLES ENERGY CORP COM 711030106 232 6,480 X 6,480 PEOPLESOFT INC COM 712713106 1,881 122,947 X 122,947 PEPSI BOTTLING GROUP INC COM 713409100 3,552 198,108 X 198,108 PEPSIAMERICAS INC COM 71343P200 740 62,921 X 62,921 PEPSICO INC COM 713448108 50,250 1,256,243 X 1,256,243 12 VERIZON INVESTMENT MANAGEMENT CORP. FORM 13F - SOLE INSTR V. NONE AUTHORITY MARCH 31, 2003 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 -------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ ---- PERFORMANCE FOOD GROUP CO COM 713755106 1,118 36,457 X 36,457 PERKINELMER INC COM 714046109 263 29,544 X 29,544 PEROT SYS CORP CL A 714265105 153 14,872 X 14,872 PETSMART INC COM 716768106 685 54,346 X 54,346 PFIZER INC COM 717081103 133,111 4,271,850 X 4,271,850 PHARMACEUTICAL PROD DEV INC COM 717124101 634 23,618 X 23,618 PHARMACIA CORP COM 71713U102 44,835 1,035,442 X 1,035,442 PHELPS DODGE CORP COM 717265102 518 15,956 X 15,956 PIER 1 IMPORTS INC COM 720279108 172 10,852 X 10,852 PINNACLE SYS INC COM 723481107 659 63,300 X 63,300 PINNACLE WEST CAP CORP COM 723484101 7,382 222,081 X 222,081 PIONEER NAT RES CO COM 723787107 437 17,415 X 17,415 PITNEY BOWES INC COM 724479100 2,163 67,769 X 67,769 PITTSTON CO COM BRINKS GRP 725701106 257 18,561 X 18,561 PIXAR COM 725811103 3,811 70,446 X 70,446 PLANTRONICS INC NEW COM 727493108 263 18,000 X 18,000 PLUM CREEK TIMBER CO INC COM 729251108 844 39,075 X 39,075 POGO PRODUCING CO COM 730448107 2,692 67,684 X 67,684 POLARIS INDS INC COM 731068102 581 11,680 X 11,680 POLYCOM INC COM 73172K104 149 18,447 X 18,447 POPULAR INC COM 733174106 1,639 48,234 X 48,234 PRAXAIR INC COM 74005P104 7,032 124,783 X 124,783 PRICE T ROWE GROUP INC COM 74144T108 1,757 64,797 X 64,797 PRIDE INTL INC DEL COM 74153Q102 213 15,805 X 15,805 PRINCIPAL FINANCIAL GROUP IN COM 74251V102 3,476 128,074 X 128,074 PROCTER & GAMBLE CO COM 742718109 89,711 1,007,423 X 1,007,423 PROGRESS ENERGY INC COM 743263105 4,457 113,840 X 113,840 PROGRESSIVE CORP OHIO COM 743315103 10,235 172,571 X 172,571 PROLOGIS SH BEN INT 743410102 833 32,896 X 32,896 PROTECTIVE LIFE CORP COM 743674103 886 31,039 X 31,039 PROVIDIAN FINL CORP COM 74406A102 765 116,589 X 116,589 PRUDENTIAL FINL INC COM 744320102 8,331 284,820 X 284,820 PUBLIC SVC ENTERPRISE GROUP COM 744573106 2,642 72,005 X 72,005 PUBLIC STORAGE INC COM 74460D109 209 6,908 X 6,908 PUGET ENERGY INC NEW COM 745310102 498 23,379 X 23,379 PULTE HOMES INC COM 745867101 1,915 38,176 X 38,176 QLOGIC CORP COM 747277101 2,670 71,877 X 71,877 QUALCOMM INC COM 747525103 21,587 599,632 X 599,632 QUEST DIAGNOSTICS INC COM 74834L100 3,743 62,714 X 62,714 QUESTAR CORP COM 748356102 1,426 48,229 X 48,229 QUINTILES TRANSNATIONAL CORP COM 748767100 384 31,574 X 31,574 QWEST COMMUNICATIONS INTL IN COM 749121109 1,390 398,419 X 398,419 RPM INTL INC COM 749685103 498 47,390 X 47,390 RF MICRODEVICES INC COM 749941100 211 35,115 X 35,115 RADIAN GROUP INC COM 750236101 3,636 108,932 X 108,932 RADIO ONE INC CL D NON VTG 75040P405 143 10,790 X 10,790 RADIOSHACK CORP COM 750438103 1,340 60,124 X 60,124 RAYTHEON CO COM NEW 755111507 8,136 286,770 X 286,770 READERS DIGEST ASSN INC COM 755267101 105 10,324 X 10,324 REALNETWORKS INC COM 75605L104 72 17,543 X 17,543 REEBOK INTL LTD COM 758110100 793 24,145 X 24,145 REGENCY CTRS CORP COM 758849103 1,326 40,254 X 40,254 REGENERON PHARMACEUTICALS COM 75886F107 184 24,500 X 24,500 REGIONS FINL CORP COM 758940100 7,869 242,863 X 242,863 13 VERIZON INVESTMENT MANAGEMENT CORP. FORM 13F - SOLE INSTR V. NONE AUTHORITY MARCH 31, 2003 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 -------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ ---- RELIANT RES INC COM 75952B105 64 17,850 X 17,850 RENAL CARE GROUP INC COM 759930100 285 9,130 X 9,130 RENT A CTR INC NEW COM 76009N100 1,596 29,048 X 29,048 REPUBLIC SVCS INC COM 760759100 683 34,401 X 34,401 REYNOLDS & REYNOLDS CO CL A 761695105 2,952 116,663 X 116,663 REYNOLDS R J TOB HLDGS INC COM 76182K105 1,502 46,556 X 46,556 RITE AID CORP COM 767754104 114 50,847 X 50,847 ROBERT HALF INTL INC COM 770323103 828 62,210 X 62,210 ROCKWELL AUTOMATION INC COM 773903109 3,390 163,777 X 163,777 ROCKWELL COLLINS INC COM 774341101 1,118 60,873 X 60,873 ROHM & HAAS CO COM 775371107 2,761 92,730 X 92,730 ROSLYN BANCORP INC COM 778162107 1,045 58,138 X 58,138 ROSS STORES INC COM 778296103 5,276 146,116 X 146,116 ROUSE CO COM 779273101 228 6,588 X 6,588 ROWAN COS INC COM 779382100 512 26,035 X 26,035 ROYAL DUTCH PETE CO NY REG EUR .56 780257804 408 10,000 X 10,000 RUBY TUESDAY INC COM 781182100 298 14,588 X 14,588 RYDER SYS INC COM 783549108 396 19,316 X 19,316 SBC COMMUNICATIONS INC COM 78387G103 40,829 2,035,334 X 2,035,334 SEI INVESTMENTS CO COM 784117103 661 25,238 X 25,238 SLM CORP COM 78442P106 12,178 109,791 X 109,791 SPX CORP COM 784635104 459 13,430 X 13,430 SABRE HLDGS CORP CL A 785905100 852 53,562 X 53,562 SAFECO CORP COM 786429100 1,973 56,431 X 56,431 SAFENET INC COM 78645R107 506 24,700 X 24,700 SAFEWAY INC COM NEW 786514208 4,697 248,147 X 248,147 ST JOE CO COM 790148100 1,064 39,111 X 39,111 ST JUDE MED INC COM 790849103 9,509 195,049 X 195,049 ST MARY LD & EXPL CO COM 792228108 534 21,300 X 21,300 ST PAUL COS INC COM 792860108 3,391 106,641 X 106,641 SANMINA SCI CORP COM 800907107 572 141,683 X 141,683 SARA LEE CORP COM 803111103 11,253 601,758 X 601,758 SCANA CORP NEW COM 80589M102 1,910 63,841 X 63,841 SCHEIN HENRY INC COM 806407102 1,203 26,672 X 26,672 SCHERING PLOUGH CORP COM 806605101 16,665 934,658 X 934,658 SCHLUMBERGER LTD COM 806857108 4,747 124,899 X 124,899 SCHOLASTIC CORP COM 807066105 381 14,158 X 14,158 SCHWAB CHARLES CORP NEW COM 808513105 4,350 602,461 X 602,461 SCIENTIFIC ATLANTA INC COM 808655104 2,053 149,412 X 149,412 SCOTTS CO CL A 810186106 1,162 22,434 X 22,434 SCRIPPS E W CO OHIO CL A 811054204 4,180 55,189 X 55,189 SEALED AIR CORP NEW COM 81211K100 1,113 27,730 X 27,730 SEARS ROEBUCK & CO COM 812387108 3,262 135,077 X 135,077 SEMTECH CORP COM 816850101 356 23,515 X 23,515 SEMPRA ENERGY COM 816851109 4,192 167,940 X 167,940 SENSIENT TECHNOLOGIES CORP COM 81725T100 234 11,700 X 11,700 SEQUA CORPORATION CL A 817320104 599 17,500 X 17,500 SERVICEMASTER CO COM 81760N109 186 18,618 X 18,618 SHERWIN WILLIAMS CO COM 824348106 3,941 149,122 X 149,122 SICOR INC COM 825846108 571 34,205 X 34,205 SIEBEL SYS INC COM 826170102 1,365 170,415 X 170,415 SIGMA ALDRICH CORP COM 826552101 1,838 41,311 X 41,311 SILICON LABORATORIES INC COM 826919102 241 9,200 X 9,200 SIMON PPTY GROUP INC NEW COM 828806109 1,844 51,473 X 51,473 14 VERIZON INVESTMENT MANAGEMENT CORP. FORM 13F - SOLE INSTR V. NONE AUTHORITY MARCH 31, 2003 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 -------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ ---- SMITH INTL INC COM 832110100 1,983 56,301 X 56,301 SMITHFIELD FOODS INC COM 832248108 917 51,754 X 51,754 SMUCKER J M CO COM NEW 832696405 1,440 41,192 X 41,192 SMURFIT-STONE CONTAINER CORP COM 832727101 142 10,625 X 10,625 SNAP ON INC COM 833034101 264 10,659 X 10,659 SOLECTRON CORP COM 834182107 683 226,317 X 226,317 SONOCO PRODS CO COM 835495102 239 11,432 X 11,432 SOUTHERN CO COM 842587107 10,858 381,800 X 381,800 SOUTHTRUST CORP COM 844730101 9,874 386,769 X 386,769 SOUTHWEST AIRLS CO COM 844741108 14,469 1,007,566 X 1,007,566 SOUTHWEST GAS CORP COM 844895102 794 39,000 X 39,000 SOVEREIGN BANCORP INC COM 845905108 1,845 133,192 X 133,192 SPRINT CORP COM FON GROUP 852061100 3,237 275,489 X 275,489 SPRINT CORP PCS COM SER 1 852061506 2,034 466,463 X 466,463 SS&C TECHNOLOGIES INC COM 85227Q100 213 17,500 X 17,500 STANLEY WKS COM 854616109 522 21,754 X 21,754 STAPLES INC COM 855030102 2,961 161,535 X 161,535 STARBUCKS CORP COM 855244109 3,995 155,076 X 155,076 STARWOOD HOTELS&RESORTS WRLD PAIRED CTF 85590A203 1,716 72,139 X 72,139 STATE STR CORP COM 857477103 3,940 124,578 X 124,578 STERICYCLE INC COM 858912108 620 16,500 X 16,500 STERIS CORP COM 859152100 391 14,963 X 14,963 STORAGE TECHNOLOGY CORP COM PAR $0.10 862111200 664 32,860 X 32,860 STRYKER CORP COM 863667101 5,944 86,589 X 86,589 SUN MICROSYSTEMS INC COM 866810104 5,360 1,644,158 X 1,644,158 SUNGARD DATA SYS INC COM 867363103 4,198 197,083 X 197,083 SUNOCO INC COM 86764P109 2,117 57,891 X 57,891 SUNTRUST BKS INC COM 867914103 8,509 161,622 X 161,622 SUPERVALU INC COM 868536103 566 36,516 X 36,516 SYBASE INC COM 871130100 281 21,671 X 21,671 SYMANTEC CORP COM 871503108 4,165 106,308 X 106,308 SYMBOL TECHNOLOGIES INC COM 871508107 522 60,604 X 60,604 SYNOPSYS INC COM 871607107 718 16,870 X 16,870 SYNOVUS FINL CORP COM 87161C105 2,192 122,547 X 122,547 SYSCO CORP COM 871829107 13,224 519,798 X 519,798 TCF FINL CORP COM 872275102 898 22,432 X 22,432 TECO ENERGY INC COM 872375100 1,221 114,840 X 114,840 TJX COS INC NEW COM 872540109 10,987 624,234 X 624,234 TMP WORLDWIDE INC COM 872941109 293 27,308 X 27,308 TXU CORP COM 873168108 1,443 80,820 X 80,820 TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 182 26,600 X 26,600 TARGET CORP COM 87612E106 20,384 696,649 X 696,649 TECH DATA CORP COM 878237106 1,387 57,926 X 57,926 TEKTRONIX INC COM 879131100 325 18,933 X 18,933 TELEPHONE & DATA SYS INC COM 879433100 345 8,435 X 8,435 TELLABS INC COM 879664100 617 106,557 X 106,557 TEMPLE INLAND INC COM 879868107 350 9,369 X 9,369 TENET HEALTHCARE CORP COM 88033G100 3,268 195,715 X 195,715 TERADYNE INC COM 880770102 722 62,056 X 62,056 TEXAS INSTRS INC COM 882508104 18,358 1,121,425 X 1,121,425 TEXTRON INC COM 883203101 1,084 39,475 X 39,475 THERMO ELECTRON CORP COM 883556102 912 50,372 X 50,372 THOMAS & BETTS CORP COM 884315102 217 15,290 X 15,290 THOMAS INDS INC COM 884425109 417 16,800 X 16,800 15 VERIZON INVESTMENT MANAGEMENT CORP. FORM 13F - SOLE INSTR V. NONE AUTHORITY MARCH 31, 2003 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 -------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ ---- 3COM CORP COM 885535104 135 27,406 X 27,406 3M CO COM 88579Y101 38,258 294,225 X 294,225 TIDEWATER INC COM 886423102 1,098 38,233 X 38,233 TIFFANY & CO NEW COM 886547108 1,385 55,387 X 55,387 TITAN CORP COM 888266103 113 15,111 X 15,111 TORCHMARK CORP COM 891027104 7,561 211,204 X 211,204 TOYS R US INC COM 892335100 322 38,528 X 38,528 TRAVELERS PPTY CAS CORP NEW CL A 89420G109 670 47,524 X 47,524 TRAVELERS PPTY CAS CORP NEW CL B 89420G406 3,248 230,207 X 230,207 TRIAD HOSPITALS INC COM 89579K109 488 18,140 X 18,140 TRIBUNE CO NEW COM 896047107 3,816 84,781 X 84,781 TRUSTMARK CORP COM 898402102 1,288 54,206 X 54,206 TYCO INTL LTD NEW COM 902124106 9,042 703,099 X 703,099 TYSON FOODS INC CL A 902494103 107 13,868 X 13,868 UST INC COM 902911106 4,501 163,067 X 163,067 US BANCORP DEL COM NEW 902973304 12,304 648,260 X 648,260 USA INTERACTIVE COM 902984103 2,486 92,782 X 92,782 UNILEVER N V N Y SHS NEW 904784709 4,928 82,900 X 82,900 UNION PAC CORP COM 907818108 6,655 120,991 X 120,991 UNION PLANTERS CORP COM 908068109 1,636 62,234 X 62,234 UNIONBANCAL CORP COM 908906100 5,623 142,651 X 142,651 UNISYS CORP COM 909214108 979 105,736 X 105,736 UNITED ONLINE INC COM 911268100 395 22,900 X 22,900 UNITED PARCEL SERVICE INC CL B 911312106 21,985 385,695 X 385,695 UNITED STATES STL CORP NEW COM 912909108 332 33,816 X 33,816 UNITED TECHNOLOGIES CORP COM 913017109 23,838 412,563 X 412,563 UNITEDHEALTH GROUP INC COM 91324P102 15,273 166,612 X 166,612 UNITRIN INC COM 913275103 305 13,174 X 13,174 UNIVERSAL HLTH SVCS INC CL B 913903100 2,089 51,232 X 51,232 UNIVISION COMMUNICATIONS INC CL A 914906102 2,191 89,374 X 89,374 UNOCAL CORP COM 915289102 1,504 57,165 X 57,165 UNUMPROVIDENT CORP COM 91529Y106 436 44,486 X 44,486 UTSTARCOM INC COM 918076100 788 39,421 X 39,421 V F CORP COM 918204108 913 24,267 X 24,267 VALASSIS COMMUNICATIONS INC COM 918866104 368 13,939 X 13,939 VALERO ENERGY CORP NEW COM 91913Y100 998 24,115 X 24,115 VALLEY NATL BANCORP COM 919794107 527 21,392 X 21,392 VALSPAR CORP COM 920355104 1,538 37,585 X 37,585 VARCO INTL INC DEL COM 922122106 299 16,350 X 16,350 VARIAN MED SYS INC COM 92220P105 3,166 58,711 X 58,711 VECTREN CORP COM 92240G101 950 44,183 X 44,183 VERISIGN INC COM 92343E102 277 31,662 X 31,662 VERIZON COMMUNICATIONS COM 92343V104 60,950 1,724,191 X 1,724,191 VERITAS SOFTWARE CO COM 923436109 3,364 191,232 X 191,232 VERTEX PHARMACEUTICALS INC COM 92532F100 408 36,641 X 36,641 VIAD CORP COM 92552R109 371 17,316 X 17,316 VIACOM INC CL A 925524100 4,471 122,500 X 122,500 VIACOM INC CL B 925524308 37,973 1,039,780 X 1,039,780 VISHAY INTERTECHNOLOGY INC COM 928298108 253 24,863 X 24,863 VISTEON CORP COM 92839U107 143 24,066 X 24,066 VULCAN MATLS CO COM 929160109 1,441 47,653 X 47,653 WSFS FINL CORP COM 929328102 714 22,600 X 22,600 WACHOVIA CORP 2ND NEW COM 929903102 30,343 890,612 X 890,612 WADDELL & REED FINL INC CL A 930059100 287 16,335 X 16,335 16 VERIZON INVESTMENT MANAGEMENT CORP. FORM 13F - SOLE INSTR V. NONE AUTHORITY MARCH 31, 2003 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 -------------- -------------- --------- ------------ --------- ---- -------- ------ -------- ---- ------ ---- WAL MART STORES INC COM 931142103 140,835 2,706,801 X 2,706,801 WALGREEN CO COM 931422109 17,755 602,263 X 602,263 WASHINGTON MUT INC COM 939322103 27,532 780,611 X 780,611 WASHINGTON POST CO CL B 939640108 7,041 10,334 X 10,334 WASTE MGMT INC DEL COM 94106L109 6,194 292,428 X 292,428 WATERS CORP COM 941848103 1,374 64,955 X 64,955 WATSON PHARMACEUTICALS INC COM 942683103 1,291 44,880 X 44,880 WATTS INDS INC CL A 942749102 227 14,600 X 14,600 WEBMD CORP COM 94769M105 756 83,773 X 83,773 WEIGHT WATCHERS INTL INC NEW COM 948626106 3,299 71,638 X 71,638 WELLPOINT HEALTH NETWORK NEW COM 94973H108 6,771 88,224 X 88,224 WELLS FARGO & CO NEW COM 949746101 33,741 749,978 X 749,978 WENDYS INTL INC COM 950590109 1,059 38,494 X 38,494 WESTAMERICA BANCORPORATION COM 957090103 1,303 32,995 X 32,995 WESTWOOD ONE INC COM 961815107 2,566 82,123 X 82,123 WEYERHAEUSER CO COM 962166104 5,326 111,345 X 111,345 WHIRLPOOL CORP COM 963320106 728 14,858 X 14,858 WHOLE FOODS MKT INC COM 966837106 7,458 134,035 X 134,035 WILEY JOHN & SONS INC CL A 968223206 237 10,446 X 10,446 WILLIAMS COS INC DEL COM 969457100 458 100,021 X 100,021 WILLIAMS SONOMA INC COM 969904101 648 29,719 X 29,719 WILMINGTON TRUST CORP COM 971807102 2,050 73,755 X 73,755 WINN DIXIE STORES INC COM 974280109 279 21,139 X 21,139 WISCONSIN ENERGY CORP COM 976657106 3,627 142,785 X 142,785 WORTHINGTON INDS INC COM 981811102 207 17,374 X 17,374 WRIGLEY WM JR CO COM 982526105 5,395 95,483 X 95,483 WYETH COM 983024100 27,722 732,998 X 732,998 XTO ENERGY CORP COM 98385X106 2,238 117,803 X 117,803 XCEL ENERGY INC COM 98389B100 1,195 93,275 X 93,275 XILINX INC COM 983919101 3,081 131,615 X 131,615 XEROX CORP COM 984121103 2,108 242,244 X 242,244 YAHOO INC COM 984332106 6,954 289,500 X 289,500 YUM BRANDS INC COM 988498101 2,856 117,366 X 117,366 ZEBRA TECHNOLOGIES CORP CL A 989207105 2,425 37,648 X 37,648 ZIMMER HLDGS INC COM 98956P102 12,620 259,514 X 259,514 ZIONS BANCORPORATION COM 989701107 720 16,839 X 16,839 --------- GRAND TOTAL 5,267,998 17