UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 2002
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: Value Line Inc
Address: 220 East 42nd Street
New York, NY 10017
13F File Number: 28-00401
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: David Henigson
Title: Vice President
Phone: 212-907-1600
Signature, Place, and Date of Signing:
/s/ David Henigson New York, NY January 23, 2003
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form13F Information Table Entry Total: 861
Form13F Information Table Value Total: $2,267,359 (thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional managers with respect to which this report is filed, other
than the manager filing this report.
NONE
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
3M CO COM 88579Y101 8384 68000 SH DEFINED 0 68000 0
99 CENTS ONLY STORES COM 65440K106 1525 56765 SH DEFINED 0 56765 0
A C MOORE ARTS & CRAFTS INC COM 00086T103 287 22600 SH DEFINED 0 22600 0
AAON INC COM PAR $0.004 000360206 194 10525 SH DEFINED 0 10525 0
ABERCROMBIE & FITCH CO CL A 002896207 10623 519200 SH DEFINED 0 519200 0
ABM INDS INC COM 000957100 264 17000 SH DEFINED 0 17000 0
ABRAXAS PETE CORP COM 003830106 6 10000 SH DEFINED 0 10000 0
ACCREDO HEALTH INC COM 00437V104 3007 85300 SH DEFINED 0 85300 0
ACTIVISION INC NEW COM NEW 004930202 1298 88950 SH DEFINED 0 88950 0
ACTUANT CORP CL A NEW 00508X203 358 7700 SH DEFINED 0 7700 0
ACUITY BRANDS INC COM 00508Y102 203 15000 SH DEFINED 0 15000 0
ADVANCED AUTO PARTS INC COM 00751Y106 773 15800 SH DEFINED 0 15800 0
ADVANCED NEUROMODULATION SYS COM 00757T101 270 7700 SH DEFINED 0 7700 0
ADVANCEPCS COM 00790K109 3109 140000 SH DEFINED 0 140000 0
AFFILIATED COMPUTER SERVICES NOTE 3.500% 2/1 008190AF7 343 250000 PRN DEFINED 0 250000 0
AFFILIATED COMPUTER SERVICES CL A 008190100 10793 205000 SH DEFINED 0 205000 0
AFFILIATED MANAGERS GROUP NOTE 5/0 008252AC2 224 250000 PRN DEFINED 0 250000 0
AFFILIATED MANAGERS GROUP COM 008252108 352 7000 SH DEFINED 0 7000 0
AFLAC INC COM 001055102 11334 376300 SH DEFINED 0 376300 0
AGCO CORP COM 001084102 1618 73200 SH DEFINED 0 73200 0
AGILENT TECHNOLOGIES INC DBCV 3.000%12/0 00846UAB7 431 450000 PRN DEFINED 0 450000 0
AGL RES INC COM 001204106 841 34600 SH DEFINED 0 34600 0
AIR PRODS & CHEMS INC COM 009158106 2920 68300 SH DEFINED 0 68300 0
AIRBORNE INC NOTE 5.750 4/0 009269AA9 208 200000 PRN DEFINED 0 200000 0
AIRBORNE INC COM 009269101 222 15000 SH DEFINED 0 15000 0
AKAMAI TECHNOLOGIES INC NOTE 5.500% 7/0 00971TAC5 100 250000 PRN DEFINED 0 250000 0
AKAMAI TECHNOLOGIES INC NOTE 5.500 7/0 00971TAA9 100 250000 PRN DEFINED 0 250000 0
ALABAMA NATL BANCORP DELA COM 010317105 204 4700 SH DEFINED 0 4700 0
ALBEMARLE CORP COM 012653101 1127 39600 SH DEFINED 0 39600 0
ALBERTO CULVER CO CL B CONV 013068101 504 10000 SH DEFINED 0 10000 0
ALBERTSONS INC COM 013104104 334 15000 SH DEFINED 0 15000 0
ALEXANDER & BALDWIN INC COM 014482103 258 10000 SH DEFINED 0 10000 0
ALLEGHANY CORP DEL COM 017175100 888 5000 SH DEFINED 0 5000 0
ALLIANCE GAMING CORP COM NEW 01859P609 2159 126800 SH DEFINED 0 126800 0
ALLIANT ENERGY CORP COM 018802108 331 20000 SH DEFINED 0 20000 0
ALLIANT TECHSYSTEMS INC COM 018804104 3681 59037 SH DEFINED 0 59037 0
ALLOY INC COM 019855105 164 15000 SH DEFINED 0 15000 0
ALLSTATE CORP COM 020002101 2885 78000 SH DEFINED 0 78000 0
ALLTEL CORP COM 020039103 408 8000 SH DEFINED 0 8000 0
ALTIRIS INC COM 02148M100 287 18000 SH DEFINED 0 18000 0
ALZA CORP SDCV 0. 07/2 02261WAA7 311 400000 PRN DEFINED 0 400000 0
AMDOCS LTD ORD G02602103 98 10000 SH DEFINED 0 10000 0
AMEREN CORP COM 023608102 831 20000 SH DEFINED 0 20000 0
AMERICAN AXLE & MFG HLDGS IN COM 024061103 6232 266100 SH DEFINED 0 265800 300
AMERICAN EAGLE OUTFITTERS NE COM 02553E106 234 17000 SH DEFINED 0 17000 0
AMERICAN FINL HLDGS INC COM 026075101 200 6700 SH DEFINED 0 6700 0
AMERICAN GREETINGS CORP CL A 026375105 158 10000 SH DEFINED 0 10000 0
AMERICAN INTL GROUP INC DBCV 11/0 026874AP2 450 700000 PRN DEFINED 0 700000 0
AMERICAN INTL GROUP INC COM 026874107 27561 476416 SH DEFINED 0 473021 3395
AMERICAN ITALIAN PASTA CO CL A 027070101 237 6600 SH DEFINED 0 6600 0
AMERICAN STD COS INC DEL COM 029712106 5905 83000 SH DEFINED 0 83000 0
AMERICAN WOODMARK CORP COM 030506109 285 6000 SH DEFINED 0 6000 0
AMERISOURCEBERGEN CORP COM 03073E105 3329 61300 SH DEFINED 0 61000 300
AMERON INTL INC COM 030710107 243 4400 SH DEFINED 0 4400 0
AMETEK INC NEW COM 031100100 1289 33500 SH DEFINED 0 33500 0
AMGEN INC COM 031162100 30481 630548 SH DEFINED 0 626848 3700
AMGEN INC NOTE 3/0 031162AC4 147 200000 PRN DEFINED 0 200000 0
AMYLIN PHARMACEUTICALS INC COM 032346108 404 25000 SH DEFINED 0 25000 0
ANADARKO PETE CORP DBCV 3/0 032511AP2 183 300000 PRN DEFINED 0 300000 0
ANALOG DEVICES INC NOTE 4.750%10/0 032654AD7 398 400000 PRN DEFINED 0 400000 0
ANCHOR BANCORP WIS INC COM 032839102 245 11800 SH DEFINED 0 11800 0
ANFI INC COMMON 00181E100 266 18000 SH DEFINED 0 18000 0
ANGELICA CORP COM 034663104 248 12000 SH DEFINED 0 12000 0
ANHEUSER BUSCH COS INC COM 035229103 16860 348355 SH DEFINED 0 347800 555
ANNALY MTG MGMT INC COM 035710409 338 18000 SH DEFINED 0 18000 0
ANNTAYLOR STORES CORP SDCV .550 6/1 036115AA1 280 450000 PRN DEFINED 0 450000 0
ANNTAYLOR STORES CORP COM 036115103 12828 628200 SH DEFINED 0 628200 0
ANSYS INC COM 03662Q105 303 15000 SH DEFINED 0 15000 0
ANTHEM INC COM 03674B104 5786 91986 SH DEFINED 0 91986 0
APARTMENT INVT & MGMT CO CL A 03748R101 562 15000 SH DEFINED 0 15000 0
APOLLO GROUP INC CL A 037604105 12939 294075 SH DEFINED 0 294075 0
APPLEBEES INTL INC COM 037899101 3086 133050 SH DEFINED 0 133050 0
APPLIED FILMS CORP COM 038197109 220 11000 SH DEFINED 0 11000 0
APPLIED SIGNAL TECHNOLOGY IN COM 038237103 178 15000 SH DEFINED 0 15000 0
APRIA HEALTHCARE GROUP INC COM 037933108 1882 84600 SH DEFINED 0 84600 0
ARAMARK CORP CL B 038521100 870 37000 SH DEFINED 0 37000 0
ARBITRON INC COM 03875Q108 791 23600 SH DEFINED 0 23600 0
ARCH CAP GROUP LTD ORD G0450A105 224 7200 SH DEFINED 0 7200 0
ARCHER DANIELS MIDLAND CO COM 039483102 223 18000 SH DEFINED 0 18000 0
ARKANSAS BEST CORP DEL COM 040790107 982 37800 SH DEFINED 0 37800 0
ARROW ELECTRS INC COM 042735100 256 20000 SH DEFINED 0 20000 0
ARROW ELECTRS INC DBCV 2/2 042735AY6 176 400000 PRN DEFINED 0 400000 0
ASM LITHOGRAPHY HOLDING NOTE 4.250 11/3 00207EAB6 262 300000 PRN DEFINED 0 300000 0
AT HOME CORP NOTE 4.750 12/1 045919AD9 68 500000 PRN DEFINED 0 500000 0
AT RD INC COM 04648K105 83 20000 SH DEFINED 0 20000 0
ATI TECHNOLOGIES INC COM 001941103 47 10000 SH DEFINED 0 10000 0
AUTOMATIC DATA PROCESSING IN COM 053015103 471 12000 SH DEFINED 0 12000 0
AUTOZONE INC COM 053332102 3462 49000 SH DEFINED 0 49000 0
AVERY DENNISON CORP COM 053611109 3109 50900 SH DEFINED 0 50900 0
AVON PRODS INC COM 054303102 3232 60000 SH DEFINED 0 60000 0
AZTAR CORP COM 054802103 378 26500 SH DEFINED 0 26500 0
BALL CORP COM 058498106 1075 21000 SH DEFINED 0 21000 0
BANCORPSOUTH INC COM 059692103 755 38900 SH DEFINED 0 38900 0
BANK HAWAII CORP COM 062540109 3595 118300 SH DEFINED 0 118300 0
BANK OF AMERICA CORPORATION COM 060505104 6009 86370 SH DEFINED 0 86000 370
BANK OF THE OZARKS INC COM 063904106 244 10400 SH DEFINED 0 10400 0
BANKATLANTIC BANCORP CL A 065908501 482 51000 SH DEFINED 0 51000 0
BANKNORTH GROUP INC NEW COM 06646R107 3232 143000 SH DEFINED 0 143000 0
BANKUNITED FINL CORP CL A 06652B103 181 11200 SH DEFINED 0 11200 0
BARNES & NOBLE INC COM 067774109 226 12500 SH DEFINED 0 12500 0
BARNES & NOBLE INC NOTE 5.250 3/1 067774AC3 233 250000 PRN DEFINED 0 250000 0
BARR LABS INC COM 068306109 651 10000 SH DEFINED 0 10000 0
BARRA INC COM 068313105 243 8000 SH DEFINED 0 8000 0
BAXTER INTL INC CORP UNITS 7% 071813406 326 6500 SH DEFINED 0 6500 0
BB&T CORP COM 054937107 15033 406400 SH DEFINED 0 406400 0
BEA SYS INC NOTE 4.000 12/1 073325AC6 453 500000 PRN DEFINED 0 500000 0
BED BATH & BEYOND INC COM 075896100 43496 1259650 SH DEFINED 0 1248900 10750
BELL ATLANTIC CONV BOND 144A 07785GAC4 1048 1000000 PRN DEFINED 0 1000000 0
BELO CORP COM SER A 080555105 1057 49600 SH DEFINED 0 49600 0
BEMIS INC COM 081437105 3132 63100 SH DEFINED 0 63100 0
BENTLEY PHARMACEUTICALS INC COM 082657107 121 15000 SH DEFINED 0 15000 0
BERKLEY W R CORP COM 084423102 2769 69900 SH DEFINED 0 69900 0
BEST BUY INC COM 086516101 555 23000 SH DEFINED 0 12000 11000
BHP BILLITON LTD SPONSORED ADR 088606108 173 15000 SH DEFINED 0 15000 0
BIO RAD LABS INC CL A 090572207 631 16300 SH DEFINED 0 16300 0
BIO-REFERENCE LABS INC COM $.01 NEW 09057G602 130 21000 SH DEFINED 0 21000 0
BIOMET INC COM 090613100 21975 766750 SH DEFINED 0 762050 4700
BIOSITE INC COM 090945106 1123 33000 SH DEFINED 0 33000 0
BIOVAIL CORP COM 09067J109 275 10400 SH DEFINED 0 10000 400
BISYS GROUP INC NOTE 4.000% 3/1 055472AB0 235 250000 PRN DEFINED 0 250000 0
BJ SVCS CO COM 055482103 11751 363700 SH DEFINED 0 363700 0
BLACK & DECKER CORP COM 091797100 1630 38000 SH DEFINED 0 38000 0
BLOCK H & R INC COM 093671105 6432 160000 SH DEFINED 0 160000 0
BLOCKBUSTER INC CL A 093679108 478 39000 SH DEFINED 0 39000 0
BLUE RHINO CORP COM 095811105 231 13300 SH DEFINED 0 13300 0
BOB EVANS FARMS INC COM 096761101 934 40000 SH DEFINED 0 40000 0
BORDERS GROUP INC COM 099709107 161 10000 SH DEFINED 0 10000 0
BORLAND SOFTWARE CORP COM 099849101 123 10000 SH DEFINED 0 10000 0
BOSTON SCIENTIFIC CORP COM 101137107 3402 80000 SH DEFINED 0 80000 0
BOYD GAMING CORP COM 103304101 211 15000 SH DEFINED 0 15000 0
BRINKER INTL INC COM 109641100 9680 300150 SH DEFINED 0 300150 0
BRINKER INTL INC DBCV 10/1 109641AC4 276 400000 PRN DEFINED 0 400000 0
BRISTOL MYERS SQUIBB CO COM 110122108 377 16300 SH DEFINED 0 16300 0
BROCADE COMMUNICATIONS SYS I NOTE 2.000% 1/0 111621AB4 210 300000 PRN DEFINED 0 300000 0
BROOKLINE BANCORP INC DEL COM 11373M107 716 60200 SH DEFINED 0 60200 0
BROWN & BROWN INC COM 115236101 3093 95700 SH DEFINED 0 95700 0
BROWN SHOE INC NEW COM 115736100 534 22400 SH DEFINED 0 22400 0
BRUNSWICK CORP COM 117043109 298 15000 SH DEFINED 0 15000 0
BUNGE LIMITED COM G16962105 1179 49000 SH DEFINED 0 49000 0
BURLINGTON RES INC COM 122014103 427 10000 SH DEFINED 0 10000 0
BURR BROWN CORP NOTE 4.250 2/1 122574AD8 351 350000 PRN DEFINED 0 350000 0
CABLEVISION SYS CORP CL A NY CABLVS 12686C109 352 21000 SH DEFINED 0 21000 0
CACI INTL INC CL A 127190304 1041 29200 SH DEFINED 0 29200 0
CADBURY SCHWEPPES PLC ADR 127209302 384 15000 SH DEFINED 0 15000 0
CALLAWAY GOLF CO COM 131193104 133 10000 SH DEFINED 0 10000 0
CANADIAN NAT RES LTD COM 136385101 593 20000 SH DEFINED 0 20000 0
CANADIAN NATL RY CO COM 136375102 540 13000 SH DEFINED 0 13000 0
CANADIAN PAC RY LTD COM 13645T100 369 18750 SH DEFINED 0 18750 0
CAPITAL AUTOMOTIVE REIT COM SH BEN INT 139733109 820 34600 SH DEFINED 0 34600 0
CARDINAL HEALTH INC COM 14149Y108 12877 217550 SH DEFINED 0 212850 4700
CAREER EDUCATION CORP COM 141665109 4960 124000 SH DEFINED 0 124000 0
CAREMARK RX INC COM 141705103 3104 191000 SH DEFINED 0 191000 0
CARNIVAL CORP DBCV 2.000 4/1 143658AM4 471 450000 PRN DEFINED 0 450000 0
CASELLA WASTE SYS INC CL A 147448104 158 17800 SH DEFINED 0 17800 0
CBRL GROUP INC COM 12489V106 4239 140700 SH DEFINED 0 140700 0
CDW COMPUTER CTRS INC COM 125129106 614 14000 SH DEFINED 0 14000 0
CELESTICA INC NOTE 8/0 15101QAA6 459 1000000 PRN DEFINED 0 1000000 0
CEMEX S A SPON ADR 5 ORD 151290889 435 20216 SH DEFINED 0 20216 0
CENDANT CORP COM 151313103 2704 258000 SH DEFINED 0 258000 0
CENDANT CORP DEBT 2/1 151313AF0 126 200000 PRN DEFINED 0 200000 0
CENTENE CORP DEL COM 15135B101 242 7200 SH DEFINED 0 7200 0
CENTEX CORP COM 152312104 9920 197600 SH DEFINED 0 194500 3100
CENTRAL GARDEN & PET CO COM 153527106 209 11300 SH DEFINED 0 11300 0
CEPHALON INC NOTE 2.500%12/1 156708AE9 185 200000 PRN DEFINED 0 200000 0
CEPHALON INC COM 156708109 3017 62000 SH DEFINED 0 62000 0
CERNER CORP COM 156782104 3282 105000 SH DEFINED 0 105000 0
CHARLES RIV LABS INTL INC COM 159864107 3617 94000 SH DEFINED 0 94000 0
CHARMING SHOPPES INC NOTE 4.750% 6/0 161133AC7 200 250000 PRN DEFINED 0 250000 0
CHARTER ONE FINL INC COM 160903100 5575 194039 SH DEFINED 0 194039 0
CHATTEM INC COM 162456107 707 34400 SH DEFINED 0 34400 0
CHECK POINT SOFTWARE TECH LT ORD M22465104 130 10000 SH DEFINED 0 10000 0
CHEESECAKE FACTORY INC COM 163072101 15319 423750 SH DEFINED 0 423750 0
CHELSEA PPTY GROUP INC COM 163421100 1266 38000 SH DEFINED 0 38000 0
CHESAPEAKE CORP COM 165159104 198 11100 SH DEFINED 0 11100 0
CHESAPEAKE ENERGY CORP COM 165167107 116 15000 SH DEFINED 0 15000 0
CHEVRONTEXACO CORP COM 166764100 399 6000 SH DEFINED 0 6000 0
CHICOS FAS INC COM 168615102 3517 186000 SH DEFINED 0 186000 0
CHINA MOBILE HONG KONG LTD SPONSORED ADR 16941M109 242 20000 SH DEFINED 0 20000 0
CHOICE HOTELS INTL INC COM 169905106 202 8900 SH DEFINED 0 8900 0
CHOICEPOINT INC COM 170388102 3107 78666 SH DEFINED 0 78666 0
CHRISTOPHER & BANKS CORP COM 171046105 249 12000 SH DEFINED 0 12000 0
CHURCH & DWIGHT INC COM 171340102 1016 33400 SH DEFINED 0 33400 0
CIENA CORP NOTE 3.750% 2/0 171779AA9 174 250000 PRN DEFINED 0 250000 0
CIMA LABS INC COM 171796105 593 24500 SH DEFINED 0 24500 0
CINERGY CORP COM 172474108 472 14000 SH DEFINED 0 14000 0
CINTAS CORP COM 172908105 663 14500 SH DEFINED 0 14500 0
CITIGROUP INC COM 172967101 43011 1222238 SH DEFINED 0 1216790 5448
CITY HLDG CO COM 177835105 240 8500 SH DEFINED 0 8500 0
CLARCOR INC COM 179895107 784 24300 SH DEFINED 0 24300 0
CLEAN HARBORS INC COM 184496107 218 14000 SH DEFINED 0 14000 0
CLOROX CO DEL COM 189054109 2525 61200 SH DEFINED 0 61200 0
CNF INC COM 12612W104 332 10000 SH DEFINED 0 10000 0
COACH INC COM 189754104 3852 117000 SH DEFINED 0 117000 0
COCA COLA CO COM 191216100 15103 344500 SH DEFINED 0 344500 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 1690 23400 SH DEFINED 0 23000 400
COINSTAR INC COM 19259P300 593 26200 SH DEFINED 0 26200 0
COLE KENNETH PRODTNS INC CL A 193294105 599 29500 SH DEFINED 0 29500 0
COLGATE PALMOLIVE CO COM 194162103 6763 129000 SH DEFINED 0 124600 4400
COLONIAL BANCGROUP INC COM 195493309 227 19000 SH DEFINED 0 19000 0
COLUMBIA SPORTSWEAR CO COM 198516106 1173 26400 SH DEFINED 0 26400 0
COMCAST CORP NEW CL A SPL 20030N200 271 12000 SH DEFINED 0 12000 0
COMMERCE BANCORP INC NJ COM 200519106 11236 260150 SH DEFINED 0 251400 8750
COMMERCE BANCSHARES INC COM 200525103 1243 31635 SH DEFINED 0 31635 0
COMMUNITY FIRST BANKSHARES I COM 203902101 680 25700 SH DEFINED 0 25700 0
COMPASS BANCSHARES INC COM 20449H109 4212 134700 SH DEFINED 0 134700 0
COMPUWARE CORP COM 205638109 120 25000 SH DEFINED 0 25000 0
CONAGRA FOODS INC COM 205887102 455 18200 SH DEFINED 0 18200 0
CONCURRENT COMPUTER CORP NEW COM 206710204 58 20000 SH DEFINED 0 20000 0
CONNECTICUT BANCSHARES INC COM 207540105 250 6500 SH DEFINED 0 6500 0
CONOCOPHILLIPS COM 20825C104 823 17000 SH DEFINED 0 17000 0
CONSTELLATION BRANDS INC CL A 21036P108 3362 141800 SH DEFINED 0 141000 800
COOPER COS INC COM NEW 216648402 2352 94000 SH DEFINED 0 94000 0
COOPER TIRE & RUBR CO COM 216831107 230 15000 SH DEFINED 0 15000 0
COORS ADOLPH CO CL B 217016104 1041 17000 SH DEFINED 0 17000 0
CORINTHIAN COLLEGES INC COM 218868107 2007 53000 SH DEFINED 0 53000 0
COSTCO COMPANIES INC NOTE 8/1 22160QAC6 208 300000 PRN DEFINED 0 300000 0
COSTCO WHSL CORP NEW COM 22160K105 10860 387020 SH DEFINED 0 382800 4220
COVANCE INC COM 222816100 780 31700 SH DEFINED 0 31700 0
COVENTRY HEALTH CARE INC COM 222862104 697 24000 SH DEFINED 0 24000 0
COX COMMUNICATIONS INC NEW CL A 224044107 426 15000 SH DEFINED 0 15000 0
CP HOLDRS DEP RCPTS CP 12616K106 6022 138000 SH DEFINED 0 138000 0
CPB INC COM 125903104 225 8200 SH DEFINED 0 8200 0
CRAY INC COM 225223106 261 34000 SH DEFINED 0 34000 0
CRESCENT REAL ESTATE EQUITIE COM 225756105 166 10000 SH DEFINED 0 10000 0
CSK AUTO CORP COM 125965103 132 12000 SH DEFINED 0 12000 0
CSX CORP DBCV 10/3 126408GA5 168 200000 PRN DEFINED 0 200000 0
CULP INC COM 230215105 128 15000 SH DEFINED 0 15000 0
CUMULUS MEDIA INC CL A 231082108 564 38000 SH DEFINED 0 38000 0
CUNO INC COM 126583103 248 7500 SH DEFINED 0 7500 0
CURATIVE HEALTH SVCS INC COM 231264102 267 15500 SH DEFINED 0 15500 0
CVB FINL CORP COM 126600105 252 9900 SH DEFINED 0 9900 0
D R HORTON INC COM 23331A109 364 21000 SH DEFINED 0 21000 0
DANAHER CORP DEL COM 235851102 3384 51500 SH DEFINED 0 51500 0
DARDEN RESTAURANTS INC COM 237194105 5000 244500 SH DEFINED 0 244500 0
DAVITA INC COM 23918K108 2211 89627 SH DEFINED 0 89627 0
DEAN FOODS CO NEW COM 242370104 4085 110102 SH DEFINED 0 110102 0
DEL MONTE FOODS CO COM 24522P103 154 20000 SH DEFINED 0 20000 0
DELL COMPUTER CORP COM 247025109 13624 509500 SH DEFINED 0 501900 7600
DELPHI CORP COM 247126105 81 10000 SH DEFINED 0 10000 0
DELUXE CORP COM 248019101 3427 81400 SH DEFINED 0 81400 0
DENBURY RES INC COM NEW 247916208 203 18000 SH DEFINED 0 18000 0
DENTSPLY INTL INC NEW COM 249030107 2381 64000 SH DEFINED 0 64000 0
DEVON ENERGY CORP NEW COM 25179M103 734 15994 SH DEFINED 0 15994 0
DEVRY INC DEL COM 251893103 332 20000 SH DEFINED 0 20000 0
DIAL CORP NEW COM 25247D101 2819 138400 SH DEFINED 0 138400 0
DIAMOND OFFSHORE DRILLING IN DBCV 1.500% 4/1 25271CAE2 229 250000 PRN DEFINED 0 250000 0
DISNEY WALT CO COM DISNEY 254687106 253 15500 SH DEFINED 0 15500 0
DOLE FOOD INC COM 256605106 1906 58500 SH DEFINED 0 58500 0
DOLLAR GEN CORP COM 256669102 143 12000 SH DEFINED 0 12000 0
DOLLAR TREE STORES INC COM 256747106 2332 94900 SH DEFINED 0 94900 0
DONALDSON INC COM 257651109 396 11000 SH DEFINED 0 11000 0
DORAL FINL CORP COM 25811P100 1510 52800 SH DEFINED 0 52800 0
DOW CHEM CO COM 260543103 446 15000 SH DEFINED 0 15000 0
DRS TECHNOLOGIES INC COM 23330X100 627 20000 SH DEFINED 0 20000 0
DTE ENERGY CO COM 233331107 979 21100 SH DEFINED 0 21100 0
DUANE READE INC NOTE 2.148 4/1 263578AB2 146 300000 PRN DEFINED 0 300000 0
DUKE ENERGY CORP COM 264399106 293 15000 SH DEFINED 0 15000 0
DUN & BRADSTREET CORP DEL NE COM 26483E100 3104 90000 SH DEFINED 0 90000 0
EAST WEST BANCORP INC COM 27579R104 227 6300 SH DEFINED 0 6300 0
EASTMAN KODAK CO COM 277461109 526 15000 SH DEFINED 0 15000 0
EATON CORP COM 278058102 937 12000 SH DEFINED 0 12000 0
EBAY INC COM 278642103 12255 180700 SH DEFINED 0 179400 1300
ECHELON CORP COM 27874N105 112 10000 SH DEFINED 0 10000 0
ECHOSTAR COMMUNICATIONS NOTE 4.875 1/0 278762AB5 354 400000 PRN DEFINED 0 400000 0
ECOLAB INC COM 278865100 3911 79000 SH DEFINED 0 79000 0
EDUCATION MGMT CORP COM 28139T101 11784 313400 SH DEFINED 0 309200 4200
EDWARDS LIFESCIENCES CORP COM 28176E108 1090 42800 SH DEFINED 0 42800 0
EL PASO CORP COM 28336L109 84 12000 SH DEFINED 0 12000 0
ELECTRONIC ARTS INC COM 285512109 16163 324750 SH DEFINED 0 319400 5350
ELECTRONIC DATA SYS NEW COM 285661104 295 16000 SH DEFINED 0 16000 0
ELECTRONICS BOUTIQUE HLDGS C COM 286045109 193 12200 SH DEFINED 0 12200 0
EMCOR GROUP INC COM 29084Q100 3106 58600 SH DEFINED 0 58600 0
ENBRIDGE ENERGY PARTNERS L P COM 29250R106 337 8000 SH DEFINED 0 8000 0
ENCANA CORP COM 292505104 696 22394 SH DEFINED 0 22394 0
ENERGIZER HLDGS INC COM 29266R108 1264 45300 SH DEFINED 0 45300 0
ENNIS BUSINESS FORMS INC COM 293389102 151 13000 SH DEFINED 0 13000 0
ENSCO INTL INC COM 26874Q100 530 18000 SH DEFINED 0 18000 0
ENTERCOM COMMUNICATIONS CORP CL A 293639100 995 21200 SH DEFINED 0 21200 0
ENTERGY CORP NEW COM 29364G103 1003 22000 SH DEFINED 0 22000 0
ENTRUST INC COM 293848107 67 20000 SH DEFINED 0 20000 0
ENZON PHARMACEUTICALS IN NOTE 4.500 7/0 293904AA6 999 1350000 PRN DEFINED 0 1350000 0
EOG RES INC COM 26875P101 399 10000 SH DEFINED 0 10000 0
EON LABS INC COM 29412E100 189 10000 SH DEFINED 0 10000 0
EQUIFAX INC COM 294429105 2781 120200 SH DEFINED 0 120200 0
ERESEARCHTECHNOLOGY INC COM 29481V108 198 11800 SH DEFINED 0 11800 0
ESCO TECHNOLOGIES INC COM 296315104 370 10000 SH DEFINED 0 10000 0
ESPEED INC CL A 296643109 244 14400 SH DEFINED 0 14400 0
ETHAN ALLEN INTERIORS INC COM 297602104 894 26000 SH DEFINED 0 26000 0
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