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, 2002 If amended report check here: Institutional Investment Manager Filing This Report: Name: The St. Paul Companies, Inc. Address: 385 Washington Street St. Paul, MN 55102-1396 13F File Number: 28-62 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: Bruce Backberg Title: Corporate Secretary Phone: (651) 310-7916 Signature, Place and Date of signing: /s/ Bruce Backberg, St. Paul, Minnesota, May 9, 2002 Report Type (Check only one.): [ X ] 13F HOLDINGS REPORT [ ] 13F NOTICE [ ] 13F COMBINATION REPORT List of Other Managers Reporting for this Manager: I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 Form 13F Information Table Entry Total: 373 Form 13F Information Table Value Total: $1,433,846 List of Other Included Managers: No. 13F Filing Number Name 01 28-29 ST. PAUL FIRE AND MARINE INSURANCE COMPANY FORM 13F INFORMATION TABLE TITLE VALUE SHARES SH/ PUT/INVESTMT OTHER VOTING AUTHORITY NAME OF ISSUER OF CLASS CUSIP (X$1000) PRN/AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE AFLAC INC COMM 001055102 86 2,920 SH SHARED 2,920 AOL TIME WARNER INC COMM 00184A105 3,004 127,000 SH SHARED 127,000 AOL TIME WARNER INC COMM 00184A105 2,022 85,500 SH SOLE 85,500 AMERICAN TELEPHONE & TELEGRAPH CO. COMM 001957109 126 8,050 SH SHARED 8,050 AT&T WIRELESS COMM 00209A106 216 24,140 SH SHARED 24,140 ABBOTT LABORATORIES COMM 002824100 9,468 180,000 SH SHARED 180,000 ABBOTT LABORATORIES COMM 002824100 186 3,530 SH SHARED 3,530 ABBOTT LABORATORIES COMM 002824100 6,096 115,900 SH SOLE 115,900 ADVANCED FIBRE CORPORATION COMM 00754A105 38 1,970 SH SHARED 1,970 ALBERTSON'S, INC. COMM 013104104 94 2,850 SH SHARED 2,850 ALCOA INC COMM 013817101 4,529 120,000 SH SHARED 120,000 ALCOA INC COMM 013817101 74 1,950 SH SHARED 1,950 ALCOA INC COMM 013817101 2,949 78,150 SH SOLE 78,150 ALLEGHENY ENGY COMM 017361106 9,097 220,000 SH SHARED 220,000 ALLEGHENY ENGY COMM 017361106 7,443 180,000 SH SOLE 180,000 ALLIANCE CAP COMM 01855A101 64 1,370 SH SHARED 1,370 ALLSTATE CORP. COMM 020002101 62 1,630 SH SHARED 1,630 AMERICAN EXPRESS COMPANY COMM 025816109 40 980 SH SHARED 980 AMERICAN INTERNATIONAL GROUP, INC. COMM 026874107 13,706 189,990 SH SHARED 189,990 AMERICAN INTERNATIONAL GROUP, INC. COMM 026874107 439 6,080 SH SHARED 6,080 AMERICAN INTERNATIONAL GROUP, INC. COMM 026874107 8,851 122,689 SH SOLE 122,689 AMGEN INC. COMM 031162100 7,162 120,000 SH SHARED 120,000 AMGEN INC. COMM 031162100 144 2,410 SH SHARED 2,410 AMGEN INC. COMM 031162100 4,756 79,700 SH SOLE 79,700 ANHEUSER BUSCH COS. INC. COMM 035229103 6,264 120,000 SH SHARED 120,000 ANHEUSER BUSCH COS. INC. COMM 035229103 106 2,030 SH SHARED 2,030 ANHEUSER BUSCH COS. INC. COMM 035229103 4,176 80,000 SH SOLE 80,000 APPLERA CORP COM AP BIO GRP COMM 038020103 108 4,840 SH SHARED 4,840 APPLIED MATERIALS, INC. COMM 038222105 101 1,870 SH SHARED 1,870 ASCENTIAL SOFTWARE CORP COMM 04362P108 4 987 SH SOLE 987 ATMEL CORP. COMM 049513104 4,563 450,000 SH SHARED 450,000 ATMEL CORP. COMM 049513104 3,042 300,000 SH SOLE 300,000 AUTODESK, INC COMM 052769106 51 1,090 SH SHARED 1,090 AUTOMATIC DATA PROCESSING COMM 053015103 4,839 83,040 SH SHARED 83,040 AUTOMATIC DATA PROCESSING COMM 053015103 458 7,860 SH SHARED 7,860 AUTOMATIC DATA PROCESSING COMM 053015103 3,007 51,600 SH SOLE 51,600 AVON PRODUCTS COMM 054303102 306 5,630 SH SHARED 5,630 BB&T CORP COMM 054937107 98 2,560 SH SHARED 2,560 BP AMOCO PLC (ADR) COMM 055622104 11,395 214,596 SH SHARED 214,596 BP AMOCO PLC (ADR) COMM 055622104 6,794 127,952 SH SOLE 127,952 BAKER HUGHES INC COMM 057224107 4,590 120,000 SH SHARED 120,000 BAKER HUGHES INC COMM 057224107 3,060 80,000 SH SOLE 80,000 BANK OF AMERICA CORP COMM 060505104 13,264 195,000 SH SHARED 195,000 BANK OF AMERICA CORP COMM 060505104 244 3,580 SH SHARED 3,580 BANK OF AMERICA CORP COMM 060505104 8,811 129,540 SH SOLE 129,540 BANK OF NEW YORK CO., INC. COMM 064057102 73 1,730 SH SHARED 1,730 BANK ONE CORP. COMM 06423A103 111 2,650 SH SHARED 2,650 BAXTER INTERNATIONAL INC. COMM 071813109 7,142 120,000 SH SHARED 120,000 BAXTER INTERNATIONAL INC. COMM 071813109 80 1,350 SH SHARED 1,350 BAXTER INTERNATIONAL INC. COMM 071813109 4,742 79,670 SH SOLE 79,670 BELL SOUTH CORP. COMM 079860102 158 4,300 SH SHARED 4,300 BERKSHIRE HATHAWAY A COMM 084670108 8,888 124 SH SHARED 124 BERKSHIRE HATHAWAY A COMM 084670108 284 4 SH SHARED 4 BERKSHIRE HATHAWAY A COMM 084670108 5,546 75 SH SOLE 75 BRISTOL-MYERS SQUIBB CO. COMM 110122108 5,685 140,400 SH SHARED 140,400 BRISTOL-MYERS SQUIBB CO. COMM 110122108 207 5,120 SH SHARED 5,120 BRISTOL-MYERS SQUIBB CO. COMM 110122108 4,419 109,146 SH SOLE 109,146 CAMPBELL SOUP CO COMM 134429109 371 13,850 SH SHARED 13,850 CELESTICA COMM 15101Q108 4,351 120,000 SH SHARED 120,000 CELESTICA COMM 15101Q108 2,901 80,000 SH SOLE 80,000 CHEVRONTEXACO CORP COMM 166764100 10,832 120,000 SH SHARED 120,000 CHEVRONTEXACO CORP COMM 166764100 219 2,423 SH SHARED 2,423 CHEVRONTEXACO CORP COMM 166764100 7,222 80,000 SH SOLE 80,000 CIRCUIT CITY STORES, INC. COMM 172737108 33 1,820 SH SHARED 1,820 CISCO SYSTEMS INC. COMM 17275R102 12,371 730,720 SH SHARED 730,720 CISCO SYSTEMS INC. COMM 17275R102 514 30,360 SH SHARED 30,360 CISCO SYSTEMS INC. COMM 17275R102 8,407 496,592 SH SOLE 496,592 CITIGROUP INC COMM 172967101 22,820 460,824 SH SHARED 460,824 CITIGROUP INC COMM 172967101 685 13,840 SH SHARED 13,840 CITIGROUP INC COMM 172967101 15,109 305,115 SH SOLE 305,115 CLAYTON HOMES COMM 184190106 176 10,520 SH SHARED 10,520 CLEAR CHANNEL COMM 184502102 6,169 120,000 SH SHARED 120,000 CLEAR CHANNEL COMM 184502102 74 1,440 SH SHARED 1,440 CLEAR CHANNEL COMM 184502102 4,113 80,000 SH SOLE 80,000 COCA COLA CO COMM 191216100 6,940 132,806 SH SHARED 132,806 COCA COLA CO COMM 191216100 298 5,710 SH SHARED 5,710 COCA COLA CO COMM 191216100 4,550 87,057 SH SOLE 87,057 COCA-COLA ENTRP COMM 191219104 154 8,180 SH SHARED 8,180 COLGATE POLMOLIVE CO COMM 194162103 71 1,250 SH SHARED 1,250 COMERICA INC COMM 200340107 7,508 120,000 SH SHARED 120,000 COMERICA INC COMM 200340107 5,006 80,000 SH SOLE 80,000 COMPAQ COMPUTER COMM 204493100 39 3,740 SH SHARED 3,740 COMPUTER ASSOCIATES INTL, INC. COMM 204912109 115 5,250 SH SHARED 5,250 COMPUWARE CORP. COMM 205638109 53 4,080 SH SHARED 4,080 CONCORD EFS INC. COMM 206197105 176 5,290 SH SHARED 5,290 COSTCO WHOLESALE CORP COMM 22160K105 4,778 120,000 SH SHARED 120,000 COSTCO WHOLESALE CORP COMM 22160K105 175 4,400 SH SHARED 4,400 COSTCO WHOLESALE CORP COMM 22160K105 3,186 80,000 SH SOLE 80,000 CUMMINS ENGINE CO., INC. COMM 231021106 4,652 98,500 SH SHARED 98,500 CUMMINS ENGINE CO., INC. COMM 231021106 3,094 65,500 SH SOLE 65,500 DANAHER CORP COMM 235851102 6,392 90,000 SH SHARED 90,000 DANAHER CORP COMM 235851102 4,261 60,000 SH SOLE 60,000 DEERE AND CO COMM 244199105 4,100 90,000 SH SHARED 90,000 DEERE AND CO COMM 244199105 2,733 60,000 SH SOLE 60,000 DELL COMPUTER CORP COMM 247025109 7,441 285,000 SH SHARED 285,000 DELL COMPUTER CORP COMM 247025109 248 9,490 SH SHARED 9,490 DELL COMPUTER CORP COMM 247025109 4,961 190,000 SH SOLE 190,000 DISNEY, WALT CO. COMM 254687106 2,770 120,000 SH SHARED 120,000 DISNEY, WALT CO. COMM 254687106 108 4,690 SH SHARED 4,690 DISNEY, WALT CO. COMM 254687106 1,846 80,000 SH SOLE 80,000 DOW CHEMICAL COMPANY COMM 260543103 67 2,050 SH SHARED 2,050 DU PONT E I DE NEMOURS AND CO. COMM 263534109 111 2,350 SH SHARED 2,350 DUKE POWER COMM 264399106 5,670 150,000 SH SHARED 150,000 DUKE POWER COMM 264399106 3,698 97,820 SH SOLE 97,820 DUKE REALTY INVESTMENTS, INC. COMM 264411505 126 4,850 SH SHARED 4,850 EMC CORP. COMM 268648102 2,861 240,000 SH SHARED 240,000 EMC CORP. COMM 268648102 67 5,630 SH SHARED 5,630 EMC CORP. COMM 268648102 1,907 160,000 SH SOLE 160,000 EBAY COMM 278642103 5,098 90,000 SH SHARED 90,000 EBAY COMM 278642103 91 1,600 SH SHARED 1,600 EBAY COMM 278642103 3,398 60,000 SH SOLE 60,000 EBIX.COM INC COMM 278715107 10 12,785 SH SHARED 12,785 ECOLAB INC COMM 278865100 2,025 44,300 SH SHARED 44,300 ECOLAB INC COMM 278865100 1,006 22,001 SH SOLE 22,001 EDWARDS (AG) INC COMM 281760108 114 2,590 SH SHARED 2,590 EL PASO CORP COMM 28336L109 56 1,270 SH SHARED 1,270 ELECTRONIC ARTS COMM 285512109 6,384 105,000 SH SHARED 105,000 ELECTRONIC ARTS COMM 285512109 4,256 70,000 SH SOLE 70,000 ELECTRONIC DATA SYSTEMS COMM 285661104 99 1,710 SH SHARED 1,710 EMERSON ELECTRIC COMPANY COMM 291011104 55 950 SH SHARED 950 EXXON MOBIL CORP COMM 30231G102 21,487 490,236 SH SHARED 490,236 EXXON MOBIL CORP COMM 30231G102 687 15,680 SH SHARED 15,680 EXXON MOBIL CORP COMM 30231G102 14,205 324,100 SH SOLE 324,100 FED HOME LOAN MTG CO. COMM 313400301 5,703 90,000 SH SHARED 90,000 FED HOME LOAN MTG CO. COMM 313400301 100 1,580 SH SHARED 1,580 FED HOME LOAN MTG CO. COMM 313400301 3,574 56,400 SH SOLE 56,400 (R) FEDERAL NATIONAL MORTGAGE COMM 313586109 7,189 90,000 SH SHARED 90,000 (R) FEDERAL NATIONAL MORTGAGE COMM 313586109 190 2,381 SH SHARED 2,381 (R) FEDERAL NATIONAL MORTGAGE COMM 313586109 4,636 58,040 SH SOLE 58,040 FIFTH THIRD BANCORP. COMM 316773100 88 1,310 SH SHARED 1,310 FLEETBOSTON FINANCIAL COMM 339030108 83 2,380 SH SHARED 2,380 FORD MOTOR CO COMM 345370860 70 4,230 SH SHARED 4,230 FOX ENTERTAINMENT GROUP COMM 35138T107 3,902 165,000 SH SHARED 165,000 FOX ENTERTAINMENT GROUP COMM 35138T107 2,591 109,560 SH SOLE 109,560 GALLAGHER, ARTHUR J. AND CO COMM 363576109 61 1,870 SH SHARED 1,870 GENENTECH COMM 368710406 10,494 208,000 SH SHARED 208,000 GENENTECH COMM 368710406 6,653 131,880 SH SOLE 131,880 GENERAL ELECTRIC CO. COMM 369604103 23,897 638,100 SH SHARED 638,100 GENERAL ELECTRIC CO. COMM 369604103 855 22,820 SH SHARED 22,820 GENERAL ELECTRIC CO. COMM 369604103 16,832 449,464 SH SOLE 449,464 GENERAL MILLS INC COMM 370334104 121 2,480 SH SHARED 2,480 GENERAL MOTORS COMM 370442105 58 960 SH SHARED 960 INTERDENT, INC. COMM 37245B102 11 43,725 SH SHARED 43,725 GENZYME CP-GENL COMM 372917104 35 800 SH SHARED 800 GILLETTE CO. COMM 375766102 82 2,400 SH SHARED 2,400 GOLDMAN SACHS GROUP COMM 38141G104 5,415 60,000 SH SHARED 60,000 GOLDMAN SACHS GROUP COMM 38141G104 1,309 14,500 SH SOLE 14,500 HCA INC COM COMM 404119109 11,902 270,000 SH SHARED 270,000 HCA INC COM COMM 404119109 7,781 176,530 SH SOLE 176,530 HARLEY-DAVIDSON COMM 412822108 6,616 120,000 SH SHARED 120,000 HARLEY-DAVIDSON COMM 412822108 4,410 80,000 SH SOLE 80,000 HEALTHSOUTH CORP. COMM 421924101 64 4,490 SH SHARED 4,490 HEWLETT-PACKARD COMM 428236103 79 4,400 SH SHARED 4,400 HOME DEPOT, INC. COMM 437076102 14,544 299,200 SH SHARED 299,200 HOME DEPOT, INC. COMM 437076102 488 10,030 SH SHARED 10,030 HOME DEPOT, INC. COMM 437076102 9,940 204,494 SH SOLE 204,494 ICO INC PFD PREF 449293307 215 20,000 SH SHARED 20,000 ILLINOIS TOOL WORKS INC COMM 452308109 50 690 SH SHARED 690 INTEGRATED CIRCUIT SYSTEMS INC COMM 45811K208 33 1,630 SH SHARED 1,630 INTEL CORP COMM 458140100 12,385 407,260 SH SHARED 407,260 INTEL CORP COMM 458140100 790 25,970 SH SHARED 25,970 INTEL CORP COMM 458140100 8,062 265,120 SH SOLE 265,120 INTERNATIONAL BUSINESS MACHINES CORP CAP COMM 459200101 6,069 58,360 SH SHARED 58,360 INTERNATIONAL BUSINESS MACHINES CORP CAP COMM 459200101 412 3,960 SH SHARED 3,960 INTERNATIONAL BUSINESS MACHINES CORP CAP COMM 459200101 4,037 38,818 SH SOLE 38,818 INTERNATIONAL PAPER CO COMM 460146103 3,871 90,000 SH SHARED 90,000 INTERNATIONAL PAPER CO COMM 460146103 2,486 57,810 SH SOLE 57,810 INTRA BIOTICS COMM 46116T100 3,422 1,303,701 SH SHARED 1,303,701 JP MORGAN CHASE & CO COMM 46625H100 2,763 77,500 SH SHARED 77,500 JP MORGAN CHASE & CO COMM 46625H100 174 4,876 SH SHARED 4,876 JP MORGAN CHASE & CO COMM 46625H100 1,808 50,721 SH SOLE 50,721 JOHNSON & JOHNSON COMM 478160104 14,614 225,000 SH SHARED 225,000 JOHNSON & JOHNSON COMM 478160104 457 7,030 SH SHARED 7,030 JOHNSON & JOHNSON COMM 478160104 9,662 148,762 SH SOLE 148,762 KIMBERLY-CLARK CORP. COMM 494368103 77 1,190 SH SHARED 1,190 KINDER MORGAN E COMM 494550106 59 1,800 SH SHARED 1,800 KINDER MORGAN INC. COMM 49455P101 201 4,140 SH SHARED 4,140 KING PHARMACEUTICALS COMM 495582108 245 7,010 SH SHARED 7,010 KNIGHT RIDDER INC COMM 499040103 4,128 60,100 SH SHARED 60,100 KNIGHT RIDDER INC COMM 499040103 2,679 39,000 SH SOLE 39,000 KOHL'S CORP. COMM 500255104 8,538 120,000 SH SHARED 120,000 KOHL'S CORP. COMM 500255104 55 770 SH SHARED 770 KOHL'S CORP. COMM 500255104 5,692 80,000 SH SOLE 80,000 ESTEE LAUDER COS. INC. COMM 518439104 9,223 270,000 SH SHARED 270,000 ESTEE LAUDER COS. INC. COMM 518439104 6,162 180,400 SH SOLE 180,400 LEHMAN BROS COMM 524908100 86 1,330 SH SHARED 1,330 LIBERTY MEDIA CORP CL A COMM 530718105 8,562 677,400 SH SHARED 677,400 LIBERTY MEDIA CORP CL A COMM 530718105 121 9,570 SH SHARED 9,570 LIBERTY MEDIA CORP CL A COMM 530718105 5,648 446,822 SH SOLE 446,822 LIBERTY PROPERTY TRUST COMM 531172104 127 3,950 SH SHARED 3,950 LILLY, ELI & CO. COMM 532457108 195 2,560 SH SHARED 2,560 LINEAR TECHNOLOGY CORP COMM 535678106 64 1,440 SH SHARED 1,440 LIZ CLAIBORNE COMM 539320101 40 1,400 SH SHARED 1,400 LOCKHEED MARTIN CORP. COMM 539830109 5,182 90,000 SH SHARED 90,000 LOCKHEED MARTIN CORP. COMM 539830109 3,455 60,000 SH SOLE 60,000 LOWE'S COMPANIES INC. COMM 548661107 295 6,780 SH SHARED 6,780 LUCENT TECHNOLOGIES INC. COMM 549463107 33 6,900 SH SHARED 6,900 MBNA CORP. COMM 55262L100 11,156 289,250 SH SHARED 289,250 MBNA CORP. COMM 55262L100 78 2,020 SH SHARED 2,020 MBNA CORP. COMM 55262L100 7,336 190,202 SH SOLE 190,202 MAGNA INTERNATIONAL COMM 559222401 169 2,300 SH SHARED 2,300 MARSH & MCLENNAN COS INC COMM 571748102 10,147 90,000 SH SHARED 90,000 MARSH & MCLENNAN COS INC COMM 571748102 70 620 SH SHARED 620 MARSH & MCLENNAN COS INC COMM 571748102 6,764 60,000 SH SOLE 60,000 MATTEL, INC. COMM 577081102 6,252 300,000 SH SHARED 300,000 MATTEL, INC. COMM 577081102 4,168 200,000 SH SOLE 200,000 MCDONALD'S CORP COMM 580135101 81 2,920 SH SHARED 2,920 MCGRAW-HILL COMPANIES INC. COMM 580645109 4,300 63,000 SH SHARED 63,000 MCGRAW-HILL COMPANIES INC. COMM 580645109 2,730 40,000 SH SOLE 40,000 MEDTRONIC INC COMM 585055106 10,000 221,200 SH SHARED 221,200 MEDTRONIC INC COMM 585055106 220 4,860 SH SHARED 4,860 MEDTRONIC INC COMM 585055106 6,469 143,084 SH SOLE 143,084 MERCK AND CO INC COMM 589331107 5,269 91,500 SH SHARED 91,500 MERCK AND CO INC COMM 589331107 300 5,210 SH SHARED 5,210 MERCK AND CO INC COMM 589331107 3,495 60,700 SH SOLE 60,700 MERCURY INTERACTIVE CORP. COMM 589405109 6,777 180,000 SH SHARED 180,000 MERCURY INTERACTIVE CORP. COMM 589405109 4,518 120,000 SH SOLE 120,000 MERRILL LYNCH & CO. COMM 590188108 9,581 173,000 SH SHARED 173,000 MERRILL LYNCH & CO. COMM 590188108 107 1,940 SH SHARED 1,940 MERRILL LYNCH & CO. COMM 590188108 6,110 110,320 SH SOLE 110,320 METLIFE INC COMM 59156R108 52 1,640 SH SHARED 1,640 MICROSOFT CORP. COMM 594918104 28,483 472,280 SH SHARED 472,280 MICROSOFT CORP. COMM 594918104 751 12,450 SH SHARED 12,450 MICROSOFT CORP. COMM 594918104 18,562 307,772 SH SOLE 307,772 MICRON TECHNOLOGY INC COMM 595112103 2,961 90,000 SH SHARED 90,000 MICRON TECHNOLOGY INC COMM 595112103 1,974 60,000 SH SOLE 60,000 MIDCAP SPDR TRUST SERIES 1 COMM 595635103 24,898 252,000 SH SHARED 252,000 MIDCAP SPDR TRUST SERIES 1 COMM 595635103 16,598 168,000 SH SOLE 168,000 MOODY'S CORP COMM 615369105 141 3,430 SH SHARED 3,430 MORGAN STANLEY DEAN WITT COMM 617446448 6,877 120,000 SH SHARED 120,000 MORGAN STANLEY DEAN WITT COMM 617446448 143 2,487 SH SHARED 2,487 MORGAN STANLEY DEAN WITT COMM 617446448 4,585 80,000 SH SOLE 80,000 MOTOROLA INC COMM 620076109 5,112 360,000 SH SHARED 360,000 MOTOROLA INC COMM 620076109 75 5,300 SH SHARED 5,300 MOTOROLA INC COMM 620076109 3,408 240,000 SH SOLE 240,000 NASDAQ - 100 SHARES COMM 631100104 3,245 90,000 SH SHARED 90,000 NASDAQ - 100 SHARES COMM 631100104 2,122 58,850 SH SOLE 58,850 99 CENTS ONLY STORES COMM 65440K106 57 1,480 SH SHARED 1,480 NOKIA CORP. ADR COMM 654902204 6,222 300,000 SH SHARED 300,000 NOKIA CORP. ADR COMM 654902204 3,070 148,000 SH SOLE 148,000 NORTEL NETWORK CORPORATION COMM 656568102 31 6,960 SH SHARED 6,960 NOVELLUS SYSTEMS INC COMM 670008101 2,842 52,500 SH SHARED 52,500 NOVELLUS SYSTEMS INC COMM 670008101 1,895 35,000 SH SOLE 35,000 NUCOR CORP. COMM 670346105 4,188 65,200 SH SHARED 65,200 NUCOR CORP. COMM 670346105 2,749 42,800 SH SOLE 42,800 ORACLE CORPORATION COMM 68389X105 287 22,390 SH SHARED 22,390 OUTBACK STEAKHOUSE COMM 689899102 223 6,230 SH SHARED 6,230 PARKER HANNIFIN CORP. COMM 701094104 6,238 125,000 SH SHARED 125,000 PARKER HANNIFIN CORP. COMM 701094104 4,157 83,300 SH SOLE 83,300 PENNEY, J. C. CO., INC. COMM 708160106 61 2,960 SH SHARED 2,960 PEPSI BOTTLING GROUP COMM 713409100 2,328 90,000 SH SHARED 90,000 PEPSI BOTTLING GROUP COMM 713409100 1,552 60,000 SH SOLE 60,000 PEPSICO INC COMM 713448108 12,324 239,300 SH SHARED 239,300 PEPSICO INC COMM 713448108 204 3,964 SH SHARED 3,964 PEPSICO INC COMM 713448108 8,152 158,291 SH SOLE 158,291 PEROT SYSTEMS COMM 714265105 157 7,880 SH SHARED 7,880 (R) PETROCORP INC. COMM 71645N101 8,525 1,731,000 SH SHARED 1,731,000 PFIZER INC COMM 717081103 21,112 531,250 SH SHARED 531,250 PFIZER INC COMM 717081103 570 14,340 SH SHARED 14,340 PFIZER INC COMM 717081103 13,615 342,590 SH SOLE 342,590 PHARMACIA CORP. COMM 71713U102 4,625 102,600 SH SHARED 102,600 PHARMACIA CORP. COMM 71713U102 132 2,930 SH SHARED 2,930 PHARMACIA CORP. COMM 71713U102 3,083 68,400 SH SOLE 68,400 PHILIP MORRIS COS INC COMM 718154107 11,061 210,000 SH SHARED 210,000 PHILIP MORRIS COS INC COMM 718154107 262 4,970 SH SHARED 4,970 PHILIP MORRIS COS INC COMM 718154107 7,338 139,320 SH SOLE 139,320 PHILLIPS PETROLEUM COMM 718507106 56 890 SH SHARED 890 POPULAR INC COMM 733174106 105 3,610 SH SHARED 3,610 PRINCIPAL FINANCIAL GROUP COMM 74251V102 1,973 78,000 SH SHARED 78,000 PRINCIPAL FINANCIAL GROUP COMM 74251V102 1,316 52,000 SH SOLE 52,000 PROCTER AND GAMBLE COMM 742718109 9,459 105,000 SH SHARED 105,000 PROCTER AND GAMBLE COMM 742718109 266 2,950 SH SHARED 2,950 PROCTER AND GAMBLE COMM 742718109 6,170 68,490 SH SOLE 68,490 PROGRESS ENERGY INC COMM 743263105 3,753 75,000 SH SHARED 75,000 PROGRESS ENERGY INC COMM 743263105 2,502 50,000 SH SOLE 50,000 PROLOGIS TRUST COMM 743410102 43 1,860 SH SHARED 1,860 PRUDENTIAL FINANCIAL INC COMM 744320102 7,980 257,000 SH SHARED 257,000 PRUDENTIAL FINANCIAL INC COMM 744320102 5,325 171,500 SH SOLE 171,500 QLOGIC CORP. COMM 747277101 99 1,990 SH SHARED 1,990 QUALCOMM INC COMM 747525103 4,517 120,000 SH SHARED 120,000 QUALCOMM INC COMM 747525103 71 1,880 SH SHARED 1,880 QUALCOMM INC COMM 747525103 3,011 80,000 SH SOLE 80,000 ROBT HALF INTL COMM 770323103 166 5,630 SH SHARED 5,630 ROYAL DUTCH PETROLEUM CO. COMM 780257804 263 4,850 SH SHARED 4,850 SBC COMMUNICATIONS INC. COMM 78387G103 7,913 211,361 SH SHARED 211,361 SBC COMMUNICATIONS INC. COMM 78387G103 261 6,970 SH SHARED 6,970 SBC COMMUNICATIONS INC. COMM 78387G103 5,129 136,985 SH SOLE 136,985 SEI INVESTMENTS COMM 784117103 42 980 SH SHARED 980 SK TELECOM CO. LTD. ADR COMM 78440P108 1,476 60,000 SH SHARED 60,000 SK TELECOM CO. LTD. ADR COMM 78440P108 640 26,000 SH SOLE 26,000 SAFEWAY INC. COMM 786514208 47 1,040 SH SHARED 1,040 SAMSUNG ELECTRONICS-GDR (SMSN) COMM 796050888 822 6,000 SH SHARED 6,000 SAMSUNG ELECTRONICS-GDR (SMSN) COMM 796050888 343 2,500 SH SOLE 2,500 SANMINA CORP. COMM 800907107 97 8,240 SH SHARED 8,240 SARA LEE CORP. COMM 803111103 116 5,600 SH SHARED 5,600 SCHERING PLOUGH CORP COMM 806605101 105 3,340 SH SHARED 3,340 SCHLUMBERGER LTD COMM 806857108 7,058 120,000 SH SHARED 120,000 SCHLUMBERGER LTD COMM 806857108 4,706 80,000 SH SOLE 80,000 SCHWAB (CHARLES) CORP COMM 808513105 38 2,930 SH SHARED 2,930 SEALED AIR CORP COMM 81211K100 144 3,050 SH SHARED 3,050 TECHNOLOGY SELECT SECT SPDR COMM 81369Y803 13,002 600,000 SH SHARED 600,000 TECHNOLOGY SELECT SECT SPDR COMM 81369Y803 8,668 400,000 SH SOLE 400,000 SELECT COMFORT COMMON STOCK COMM 81616*106 13,027 4,806,022 SH SHARED 4,806,022 SHERWIN-WILLIAMS CO COMM 824348106 101 3,550 SH SHARED 3,550 SIEBEL SYSTEMS COMM 826170102 6,848 210,000 SH SHARED 210,000 SIEBEL SYSTEMS COMM 826170102 4,565 140,000 SH SOLE 140,000 SOLECTRON CORP. COMM 834182107 30 3,870 SH SHARED 3,870 SOUTHERN COMPANY COMM 842587107 5,563 210,000 SH SHARED 210,000 SOUTHERN COMPANY COMM 842587107 3,709 140,000 SH SOLE 140,000 SOUTHWEST AIRLINES CO. COMM 844741108 5,805 300,000 SH SHARED 300,000 SOUTHWEST AIRLINES CO. COMM 844741108 3,870 200,000 SH SOLE 200,000 SPRINT CORP (FON) COMM 852061100 97 6,330 SH SHARED 6,330 SPRINT CORP (PCS) COMM 852061506 40 3,900 SH SHARED 3,900 STARWOOD HOTELS & RESORTS TRUST COMM 85590A203 6,770 180,000 SH SHARED 180,000 STARWOOD HOTELS & RESORTS TRUST COMM 85590A203 4,513 120,000 SH SOLE 120,000 SUN MICROSYSTEMS INC COMM 866810104 2,225 252,220 SH SHARED 252,220 SUN MICROSYSTEMS INC COMM 866810104 93 10,570 SH SHARED 10,570 SUN MICROSYSTEMS INC COMM 866810104 1,693 191,980 SH SOLE 191,980 SUPERVALU INC COMM 868536103 42 1,630 SH SHARED 1,630 TECO ENERGY COMM 872375100 42 1,480 SH SHARED 1,480 TEXAS UTILITIES COMM 873168108 2,998 55,000 SH SHARED 55,000 TEXAS UTILITIES COMM 873168108 1,900 34,850 SH SOLE 34,850 TAIWAN SEMICONDUCTOR COMM 874039100 3,573 172,200 SH SHARED 172,200 TAIWAN SEMICONDUCTOR COMM 874039100 2,108 101,600 SH SOLE 101,600 TARGET CORP COMM 87612E106 7,762 180,000 SH SHARED 180,000 TARGET CORP COMM 87612E106 88 2,050 SH SHARED 2,050 TARGET CORP COMM 87612E106 5,116 118,650 SH SOLE 118,650 TENET HEALTHCARE CORP COMM 88033G100 4,256 63,500 SH SHARED 63,500 TENET HEALTHCARE CORP COMM 88033G100 136 2,030 SH SHARED 2,030 TENET HEALTHCARE CORP COMM 88033G100 2,681 40,000 SH SOLE 40,000 TEXAS INSTRUMENT COMM 882508104 4,965 150,000 SH SHARED 150,000 TEXAS INSTRUMENT COMM 882508104 131 3,970 SH SHARED 3,970 TEXAS INSTRUMENT COMM 882508104 3,310 100,000 SH SOLE 100,000 3M COMPANY COMM 88579Y101 3,450 30,000 SH SHARED 30,000 3M COMPANY COMM 88579Y101 101 880 SH SHARED 880 3M COMPANY COMM 88579Y101 2,289 19,900 SH SOLE 19,900 TIDEWATER INC. COMM 886423102 101 2,380 SH SHARED 2,380 TORCHMARK COMM 891027104 117 2,900 SH SHARED 2,900 TOTAL SYS SVC COMM 891906109 75 2,990 SH SHARED 2,990 TRIGON HEALTHCARE INC COMM 89618L100 65 880 SH SHARED 880 TYCO INTERNATIONAL LTD. COMM 902124106 91 2,810 SH SHARED 2,810 US BANCORP - NEW COMM 902973304 100 4,434 SH SHARED 4,434 USA NETWORKS COMM 902984103 7,625 240,000 SH SHARED 240,000 USA NETWORKS COMM 902984103 5,083 160,000 SH SOLE 160,000 UNILEVER NV COMM 904784709 74 1,310 SH SHARED 1,310 UNION PACIFIC CORP. COMM 907818108 5,593 90,000 SH SHARED 90,000 UNION PACIFIC CORP. COMM 907818108 3,704 59,600 SH SOLE 59,600 UNITED PARCEL SERVICE COMM 911312106 8,208 135,000 SH SHARED 135,000 UNITED PARCEL SERVICE COMM 911312106 5,351 88,010 SH SOLE 88,010 UNITED TECHNOLOGIES CORP. COMM 913017109 3,339 45,000 SH SHARED 45,000 UNITED TECHNOLOGIES CORP. COMM 913017109 2,226 30,000 SH SOLE 30,000 UNITEDHEALTHCARE GROUP COMM 91324P102 40 520 SH SHARED 520 VERIZON COMMUNICATIONS COMM 92343V104 13,856 300,570 SH SHARED 300,570 VERIZON COMMUNICATIONS COMM 92343V104 290 6,300 SH SHARED 6,300 VERIZON COMMUNICATIONS COMM 92343V104 8,908 193,241 SH SOLE 193,241 WACHOVIA CORP - NEW COMM 929903102 114 3,080 SH SHARED 3,080 WAL-MART STORES INC COMM 931142103 20,401 332,800 SH SHARED 332,800 WAL-MART STORES INC COMM 931142103 630 10,280 SH SHARED 10,280 WAL-MART STORES INC COMM 931142103 13,278 216,608 SH SOLE 216,608 WALGREEN CO. COMM 931422109 9,406 240,000 SH SHARED 240,000 WALGREEN CO. COMM 931422109 6,259 159,700 SH SOLE 159,700 WASHINGTON MUTUAL INC COMM 939322103 73 2,210 SH SHARED 2,210 WEIGHT WATCHERS INTL INC COMM 948626106 1,148 30,000 SH SOLE 30,000 WELLS FARGO & CO COMM 949746101 193 3,910 SH SHARED 3,910 WORLDCOM INC COMM 98157D106 54 8,010 SH SHARED 8,010 WYETH CORP COMM 983024100 10,438 159,000 SH SHARED 159,000 WYETH CORP COMM 983024100 199 3,030 SH SHARED 3,030 WYETH CORP COMM 983024100 6,666 101,540 SH SOLE 101,540 AMDOCS LTD COMM G02602103 7,342 275,500 SH SHARED 275,500 AMDOCS LTD COMM G02602103 4,784 179,500 SH SOLE 179,500 INGERSOLL-RAND CO COMM G4776G101 7,503 150,000 SH SHARED 150,000 INGERSOLL-RAND CO COMM G4776G101 5,002 100,000 SH SOLE 100,000 QIAGEN NV COMM N72482107 67 4,510 SH SHARED 4,510