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, 2006
Check here if Amendment |_|; Amendment No.__________
This Amendment (check one only): |_| is a restatement.
|_| adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Waddell & Reed Financial, Inc.
Address: 6300 Lamar Avenue
Overland Park, KS 66202
Form 13F File Number: 28-7592
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.
Persons Signing this Report on Behalf of Reporting Manager:
Name: Wendy J. Hills
Title: Secretary
Phone: (913) 236-2013
Signature, Place and Date of Signing:
/s/ Wendy J. Hills Overland Park, Kansas February 9, 2007
----------------------------
The securities reported on herein are beneficially owned by (i) one or more
open-end investment companies or other managed accounts which are advised by
Waddell & Reed Investment Management Company ("WRIMCO") or Ivy Investment
Management Company ("IICO"), or (ii) by managed accounts advised by Austin,
Calvert & Flavin, Inc. ("ACF"), an investment advisor and wholly owned
subsidiary of WRIMCO. WRIMCO is an investment advisory subsidiary of Waddell &
Reed, Inc. ("WRI"). WRI is a broker-dealer and underwriting subsidiary of
Waddell & Reed Financial Services, Inc., a parent holding company ("WRFSI").
WRFSI is a subsidiary of Waddell & Reed Financial, Inc., a publicly traded
company ("WDR"). IICO is an investment advisory subsidiary of WDR. WDR, WRFSI
and WRI are deemed to have "investment discretion" over the securities due to
their control relationship with IICO, WRIMCO and/or ACF pursuant to Rule
13f-1(b) of the 1934 Securities Exchange Act, as amended.
Report Type (check only one):
|X| 13F HOLDINGS. (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: 5
Form 13F Information Table Entry Total 1,010
Form 13F Information Table Value Total $27,099,405 ($ 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.
No. Form 13F File Number Name
1 28-7594 Waddell & Reed Financial Services, Inc.
2 28-375 Waddell & Reed, Inc.
3 28-4466 Waddell & Reed Investment Management Company
4 28-3226 Austin, Calvert & Flavin, Inc.
5 28-10368 Ivy Investment Management Company
31-Dec-06
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5
FAIR SHARES/
TITLE OF CUSIP MARKET PRINCIPAL PUT/
NAME OF ISSUE CLASS NUMBER VALUE AMOUNT SH/PRN CALL
AFLAC INC COM 001055102 9,297 202,100 SH
AFLAC INC COM 001055102 3,514 76,390 SH
AFLAC INC COM 001055102 95,086 2,067,089 SH
AGCO CORP COM 001084102 13,649 441,150 SH
AGCO CORP COM 001084102 47,549 1,536,800 SH
AMR CORP COM 001765106 363 12,000 SH
AMR CORP COM 001765106 12,092 400,000 SH
AT&T INC COM 00206R102 5,881 164,500 SH
AT&T INC COM 00206R102 10,213 285,687 SH
AT&T INC COM 00206R102 48,674 1,361,500 SH
ABBOTT LABS COM 002824100 4,209 86,400 SH
ABBOTT LABS COM 002824100 1,309 26,882 SH
ABBOTT LABS COM 002824100 38,327 786,845 SH
ABERCROMBIE & FITCH CO CL A 002896207 5,222 75,000 SH
ACTIONS SEMICONDUCTOR CO LTD ADR 00507E107 3,205 386,570 SH
ADOBE SYS INC COM 00724F101 44,363 1,079,775 SH
ADOBE SYS INC COM 00724F101 346,972 8,445,213 SH
ADVANCED MEDICAL OPTICS INC COM 00763M108 7,276 206,700 SH
ADVANCED MEDICAL OPTICS INC COM 00763M108 16 444 SH
ADVANCED MEDICAL OPTICS INC COM 00763M108 59,180 1,681,250 SH
AETNA INC NEW COM 00817Y108 2,353 54,500 SH
AETNA INC NEW COM 00817Y108 11,792 273,100 SH
AFFYMETRIX INC COM 00826T108 4,649 201,800 SH
AFFYMETRIX INC COM 00826T108 38,214 1,658,600 SH
AGNICO EAGLE MINES LTD COM 008474108 32,292 783,035 SH
AGNICO EAGLE MINES LTD COM 008474108 45,581 1,105,264 SH
AGRIUM INC COM 008916108 7,372 234,100 SH
AIR PRODS & CHEMS INC COM 009158106 15,612 222,134 SH
AIR PRODS & CHEMS INC COM 009158106 183,683 2,613,588 SH
AIRTRAN HLDGS INC COM 00949P108 106 9,000 SH
AIRTRAN HLDGS INC COM 00949P108 5,870 500,000 SH
ALCOA INC COM 013817101 30 1,000 SH
ALLEGHANY CORP DEL COM 017175100 327 900 SH
ALLERGAN INC COM 018490102 17,829 148,895 SH
ALLERGAN INC COM 018490102 239 2,000 SH
ALLERGAN INC COM 018490102 158,959 1,327,535 SH
ALLIANCE DATA SYSTEMS CORP COM 018581108 24,126 386,200 SH
ALLIANCE DATA SYSTEMS CORP COM 018581108 196,652 3,147,950 SH
ALLIANCEBERNSTEIN HOLDING HP UNIT LTD PARTN 01881G106 6,570 81,717 SH
ALLIANCEBERNSTEIN HOLDING HP UNIT LTD PARTN 01881G106 18,371 228,495 SH
ALLSCRIPTS HEALTHCARE SOLUTI COM 01988P108 12,092 448,500 SH
ALLSCRIPTS HEALTHCARE SOLUTI COM 01988P108 90,428 3,354,150 SH
ITEM 1 ITEM 6 ITEM 7 ITEM 8
MANAGERS VOTING AUTHORITY
INVESTMENT SEE (SHARES)
NAME OF ISSUE DISCRETION INSTR V (A) SOLE (B) SHARED (C) NONE
AFLAC INC DEFINED 5 202,100
AFLAC INC DEFINED 1,2,3,4 76,390
AFLAC INC DEFINED 1,2,3 2,067,089
AGCO CORP DEFINED 5 441,150
AGCO CORP DEFINED 1,2,3 1,536,800
AMR CORP DEFINED 5 12,000
AMR CORP DEFINED 1,2,3 400,000
AT&T INC DEFINED 5 164,500
AT&T INC DEFINED 1,2,3,4 285,687
AT&T INC DEFINED 1,2,3 1,361,500
ABBOTT LABS DEFINED 5 86,400
ABBOTT LABS DEFINED 1,2,3,4 26,882
ABBOTT LABS DEFINED 1,2,3 786,845
ABERCROMBIE & FITCH CO DEFINED 1,2,3 75,000
ACTIONS SEMICONDUCTOR CO LTD DEFINED 5 386,570
ADOBE SYS INC DEFINED 5 1,079,775
ADOBE SYS INC DEFINED 1,2,3 8,445,213
ADVANCED MEDICAL OPTICS INC DEFINED 5 206,700
ADVANCED MEDICAL OPTICS INC DEFINED 1,2,3,4 444
ADVANCED MEDICAL OPTICS INC DEFINED 1,2,3 1,681,250
AETNA INC NEW DEFINED 5 54,500
AETNA INC NEW DEFINED 1,2,3 273,100
AFFYMETRIX INC DEFINED 5 201,800
AFFYMETRIX INC DEFINED 1,2,3 1,658,600
AGNICO EAGLE MINES LTD DEFINED 5 783,035
AGNICO EAGLE MINES LTD DEFINED 1,2,3 1,105,264
AGRIUM INC DEFINED 1,2,3 234,100
AIR PRODS & CHEMS INC DEFINED 5 222,134
AIR PRODS & CHEMS INC DEFINED 1,2,3 2,613,588
AIRTRAN HLDGS INC DEFINED 5 9,000
AIRTRAN HLDGS INC DEFINED 1,2,3 500,000
ALCOA INC DEFINED 1,2,3,4 1,000
ALLEGHANY CORP DEL DEFINED 1,2,3,4 900
ALLERGAN INC DEFINED 5 148,895
ALLERGAN INC DEFINED 1,2,3,4 2,000
ALLERGAN INC DEFINED 1,2,3 1,327,535
ALLIANCE DATA SYSTEMS CORP DEFINED 5 386,200
ALLIANCE DATA SYSTEMS CORP DEFINED 1,2,3 3,147,950
ALLIANCEBERNSTEIN HOLDING HP DEFINED 5 81,717
ALLIANCEBERNSTEIN HOLDING HP DEFINED 1,2,3 228,495
ALLSCRIPTS HEALTHCARE SOLUTI DEFINED 5 448,500
ALLSCRIPTS HEALTHCARE SOLUTI DEFINED 1,2,3 3,354,150
1
31-Dec-06
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5
FAIR SHARES/
TITLE OF CUSIP MARKET PRINCIPAL PUT/
NAME OF ISSUE CLASS NUMBER VALUE AMOUNT SH/PRN CALL
ALLSTATE CORP COM 020002101 2,434 37,382 SH
ALLSTATE CORP COM 020002101 7,348 112,853 SH
ALLTEL CORP COM 020039103 5,812 96,100 SH
ALLTEL CORP COM 020039103 58,040 959,650 SH
ALPHA NATURAL RESOURCES INC COM 02076X102 40 2,800 SH
ALPHA NATURAL RESOURCES INC COM 02076X102 796 55,950 SH
ALTRIA GROUP INC COM 02209S103 21,812 254,163 SH
ALTRIA GROUP INC COM 02209S103 12,281 143,100 SH
ALTRIA GROUP INC COM 02209S103 221,697 2,583,282 SH
AMERICA MOVIL S A DE C V SPON ADR L SHS 02364W105 67 10,700 SH
AMERICAN ELEC PWR INC COM 025537101 4 100 SH
AMERICAN EXPRESS CO COM 025816109 1,080 17,800 SH
AMERICAN EXPRESS CO COM 025816109 974 16,060 SH
AMERICAN EXPRESS CO COM 025816109 13,353 220,100 SH
AMERICAN INTL GROUP INC COM 026874107 1,024 14,296 SH
AMERICAN INTL GROUP INC COM 026874107 16,482 230,000 SH
AMERICAN MED SYS HLDGS INC COM 02744M108 10,380 560,758 SH
AMERICAN MED SYS HLDGS INC COM 02744M108 21,348 1,153,320 SH
AMERICAN REPROGRAPHICS CO COM 029263100 6,978 209,500 SH
AMERIPRISE FINL INC COM 03076C106 168 3,090 SH
AMGEN INC COM 031162100 8,378 122,600 SH
AMGEN INC COM 031162100 8,160 119,410 SH
AMGEN INC COM 031162100 145,307 2,126,386 SH
AMSURG CORP COM 03232P405 7,182 312,450 SH
ANADARKO PETE CORP COM 032511107 5,337 122,639 SH
ANADARKO PETE CORP COM 032511107 19,875 456,688 SH
ANHEUSER BUSCH COS INC COM 035229103 6,342 128,900 SH
APACHE CORP COM 037411105 1,832 27,550 SH
APACHE CORP COM 037411105 10 150 SH
APACHE CORP COM 037411105 18,923 284,509 SH
APPLE COMPUTER INC COM 037833100 37,969 447,800 SH
APPLE COMPUTER INC COM 037833100 4,859 57,305 SH
APPLE COMPUTER INC COM 037833100 359,868 4,244,223 SH
AQUANTIVE INC COM 03839G105 738 29,950 SH
AQUANTIVE INC COM 03839G105 3,670 148,900 SH
ARCH COAL INC COM 039380100 8,745 291,225 SH
ARCH COAL INC COM 039380100 9,551 318,057 SH
ARCHER DANIELS MIDLAND CO COM 039483102 10,512 328,900 SH
ARCHER DANIELS MIDLAND CO COM 039483102 86,385 2,702,900 SH
ARCHSTONE SMITH TR COM 039583109 762 13,087 SH
ARMOR HOLDINGS INC COM 042260109 10,301 187,800 SH
ARMOR HOLDINGS INC COM 042260109 38,414 700,350 SH
ITEM 1 ITEM 6 ITEM 7 ITEM 8
MANAGERS VOTING AUTHORITY
INVESTMENT SEE (SHARES)
NAME OF ISSUE DISCRETION INSTR V (A) SOLE (B) SHARED (C) NONE
ALLSTATE CORP DEFINED 5 37,382
ALLSTATE CORP DEFINED 1,2,3 112,853
ALLTEL CORP DEFINED 5 96,100
ALLTEL CORP DEFINED 1,2,3 959,650
ALPHA NATURAL RESOURCES INC DEFINED 5 2,800
ALPHA NATURAL RESOURCES INC DEFINED 1,2,3 55,950
ALTRIA GROUP INC DEFINED 5 254,163
ALTRIA GROUP INC DEFINED 1,2,3,4 143,100
ALTRIA GROUP INC DEFINED 1,2,3 2,583,282
AMERICA MOVIL S A DE C V DEFINED 1,2,3,4 10,700
AMERICAN ELEC PWR INC DEFINED 1,2,3,4 100
AMERICAN EXPRESS CO DEFINED 5 17,800
AMERICAN EXPRESS CO DEFINED 1,2,3,4 16,060
AMERICAN EXPRESS CO DEFINED 1,2,3 220,100
AMERICAN INTL GROUP INC DEFINED 1,2,3,4 14,296
AMERICAN INTL GROUP INC DEFINED 1,2,3 230,000
AMERICAN MED SYS HLDGS INC DEFINED 5 560,758
AMERICAN MED SYS HLDGS INC DEFINED 1,2,3 1,153,320
AMERICAN REPROGRAPHICS CO DEFINED 1,2,3 209,500
AMERIPRISE FINL INC DEFINED 1,2,3,4 3,090
AMGEN INC DEFINED 5 122,600
AMGEN INC DEFINED 1,2,3,4 119,410
AMGEN INC DEFINED 1,2,3 2,126,386
AMSURG CORP DEFINED 1,2,3 312,450
ANADARKO PETE CORP DEFINED 5 122,639
ANADARKO PETE CORP DEFINED 1,2,3 456,688
ANHEUSER BUSCH COS INC DEFINED 1,2,3 128,900
APACHE CORP DEFINED 5 27,550
APACHE CORP DEFINED 1,2,3,4 150
APACHE CORP DEFINED 1,2,3 284,509
APPLE COMPUTER INC DEFINED 5 447,800
APPLE COMPUTER INC DEFINED 1,2,3,4 57,305
APPLE COMPUTER INC DEFINED 1,2,3 4,244,223
AQUANTIVE INC DEFINED 5 29,950
AQUANTIVE INC DEFINED 1,2,3 148,900
ARCH COAL INC DEFINED 5 291,225
ARCH COAL INC DEFINED 1,2,3 318,057
ARCHER DANIELS MIDLAND CO DEFINED 5 328,900
ARCHER DANIELS MIDLAND CO DEFINED 1,2,3 2,702,900
ARCHSTONE SMITH TR DEFINED 1,2,3,4 13,087
ARMOR HOLDINGS INC DEFINED 5 187,800
ARMOR HOLDINGS INC DEFINED 1,2,3 700,350
2
31-Dec-06
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5
FAIR SHARES/
TITLE OF CUSIP MARKET PRINCIPAL PUT/
NAME OF ISSUE CLASS NUMBER VALUE AMOUNT SH/PRN CALL
ARRIS GROUP INC COM 04269Q100 7,876 629,800 SH
ASPEN TECHNOLOGY INC COM 045327103 7,927 719,700 SH
ASPEN TECHNOLOGY INC COM 045327103 65,030 5,903,800 SH
ASSURANT INC COM 04621X108 1,950 35,300 SH
ASSURANT INC COM 04621X108 9,707 175,700 SH
AUTOMATIC DATA PROCESSING INC COM 053015103 4,600 93,400 SH
AUTOMATIC DATA PROCESSING INC COM 053015103 109 2,220 SH
AUTOMATIC DATA PROCESSING INC COM 053015103 39,162 795,166 SH
AVID TECHNOLOGY INC COM 05367P100 3,031 81,400 SH
AVID TECHNOLOGY INC COM 05367P100 4,586 123,180 SH
AVNET INC COM 053807103 5,106 200,000 SH
BCE INC COM NEW 05534B760 25 915 SH
BJ SVCS CO COM 055482103 2,385 81,348 SH
BJ SVCS CO COM 055482103 7 250 SH
BJ SVCS CO COM 055482103 13,740 468,611 SH
BP AMOCO P L C SPONSORED ADR 055622104 2,746 40,919 SH
BP AMOCO P L C SPONSORED ADR 055622104 2,478 36,930 SH
BP AMOCO P L C SPONSORED ADR 055622104 21,140 315,051 SH
BRE PROPERTIES INC CL A 05564E106 1,170 18,000 SH
BAKER HUGHES INC COM 057224107 39,766 532,630 SH
BAKER HUGHES INC COM 057224107 146 1,949 SH
BAKER HUGHES INC COM 057224107 91,428 1,224,591 SH
BANK OF AMERICA CORPORATION COM 060505104 23,970 448,953 SH
BANK OF AMERICA CORPORATION COM 060505104 950 17,800 SH
BANK OF AMERICA CORPORATION COM 060505104 225,202 4,218,061 SH
BARD C R INC COM 067383109 4,057 48,900 SH
BARD C R INC COM 067383109 42,238 509,075 SH
BARE ESCENTUALS INC COM 067511105 39,673 1,276,900 SH
BARRICK GOLD CORP COM 067901108 34,302 1,117,319 SH
BARRICK GOLD CORP COM 067901108 425 13,828 SH
BARRICK GOLD CORP COM 067901108 47,696 1,553,600 SH
BARRETT BILL CORP COM 06846N104 44,154 1,622,698 SH
BAXTER INTL INC COM 071813109 8,095 174,500 SH
BAXTER INTL INC COM 071813109 68,746 1,481,920 SH
BEAR STEARNS COS INC COM 073902108 2,409 14,800 SH
BEAR STEARNS COS INC COM 073902108 12,078 74,200 SH
BECTON DICKINSON & CO COM 075887109 189 2,700 SH
BELLSOUTH CORP COM 079860102 1,860 39,490 SH
BELLSOUTH CORP COM 079860102 5,616 119,204 SH
BERKSHIRE HATHAWAY INC DEL CL B 084670207 1,100 300 SH
BERKSHIRE HATHAWAY INC DEL CL B 084670207 12,831 3,500 SH
BEST BUY INC COM 086516101 4,230 85,999 SH
ITEM 1 ITEM 6 ITEM 7 ITEM 8
MANAGERS VOTING AUTHORITY
INVESTMENT SEE (SHARES)
NAME OF ISSUE DISCRETION INSTR V (A) SOLE (B) SHARED (C) NONE
ARRIS GROUP INC DEFINED 1,2,3 629,800
ASPEN TECHNOLOGY INC DEFINED 5 719,700
ASPEN TECHNOLOGY INC DEFINED 1,2,3 5,903,800
ASSURANT INC DEFINED 5 35,300
ASSURANT INC DEFINED 1,2,3 175,700
AUTOMATIC DATA PROCESSING INC DEFINED 5 93,400
AUTOMATIC DATA PROCESSING INC DEFINED 1,2,3,4 2,220
AUTOMATIC DATA PROCESSING INC DEFINED 1,2,3 795,166
AVID TECHNOLOGY INC DEFINED 5 81,400
AVID TECHNOLOGY INC DEFINED 1,2,3 123,180
AVNET INC DEFINED 1,2,3 200,000
BCE INC DEFINED 1,2,3,4 915
BJ SVCS CO DEFINED 5 81,348
BJ SVCS CO DEFINED 1,2,3,4 250
BJ SVCS CO DEFINED 1,2,3 468,611
BP AMOCO P L C DEFINED 5 40,919
BP AMOCO P L C DEFINED 1,2,3,4 36,930
BP AMOCO P L C DEFINED 1,2,3 315,051
BRE PROPERTIES INC DEFINED 1,2,3,4 18,000
BAKER HUGHES INC DEFINED 5 532,630
BAKER HUGHES INC DEFINED 1,2,3,4 1,949
BAKER HUGHES INC DEFINED 1,2,3 1,224,591
BANK OF AMERICA CORPORATION DEFINED 5 448,953
BANK OF AMERICA CORPORATION DEFINED 1,2,3,4 17,800
BANK OF AMERICA CORPORATION DEFINED 1,2,3 4,218,061
BARD C R INC DEFINED 5 48,900
BARD C R INC DEFINED 1,2,3 509,075
BARE ESCENTUALS INC DEFINED 1,2,3 1,276,900
BARRICK GOLD CORP DEFINED 5 1,117,319
BARRICK GOLD CORP DEFINED 1,2,3,4 13,828
BARRICK GOLD CORP DEFINED 1,2,3 1,553,600
BARRETT BILL CORP DEFINED 1,2,3 1,622,698
BAXTER INTL INC DEFINED 5 174,500
BAXTER INTL INC DEFINED 1,2,3 1,481,920
BEAR STEARNS COS INC DEFINED 5 14,800
BEAR STEARNS COS INC DEFINED 1,2,3 74,200
BECTON DICKINSON & CO DEFINED 1,2,3,4 2,700
BELLSOUTH CORP DEFINED 5 39,490
BELLSOUTH CORP DEFINED 1,2,3 119,204
BERKSHIRE HATHAWAY INC DEL DEFINED 5 300
BERKSHIRE HATHAWAY INC DEL DEFINED 1,2,3 3,500
BEST BUY INC DEFINED 5 85,999
3
31-Dec-06
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5
FAIR SHARES/
TITLE OF CUSIP MARKET PRINCIPAL PUT/
NAME OF ISSUE CLASS NUMBER VALUE AMOUNT SH/PRN CALL
BEST BUY INC COM 086516101 8,006 162,754 SH
BEST BUY INC COM 086516101 66,822 1,358,439 SH
BIOMET INC COM 090613100 3,981 96,525 SH
BIOMET INC COM 090613100 42,798 1,037,775 SH
BIOGEN IDEC INC COM 09062X103 113 2,300 SH
BLACKBOARD INC COM 091935502 12,795 426,141 SH
BLACKBOARD INC COM 091935502 78,344 2,609,300 SH
BLACK HILLS CORP COM 092113109 41 1,100 SH
BLACKBAUD INC COM 09227Q100 74,710 2,872,900 SH
BOEING CO COM 097023105 44,589 501,903 SH
BOEING CO COM 097023105 294,796 3,318,281 SH
BOIS D ARC ENERGY INC COM 09738U103 146 10,000 SH
BOSTON SCIENTIFIC CORP COM 101137107 1,678 97,700 SH
BOSTON SCIENTIFIC CORP COM 101137107 3 200 SH
BOSTON SCIENTIFIC CORP COM 101137107 8,635 502,600 SH
BRADY CORP CL A 104674106 4,906 131,600 SH
BRADY CORP CL A 104674106 13,372 358,700 SH
BRISTOL MYERS SQUIBB CO COM 110122108 705 26,800 SH
BROADCOM CORP CL A 111320107 9,557 295,887 SH
BROADCOM CORP CL A 111320107 79,856 2,472,330 SH
BROWN FORMAN CORP CL B 115637209 2,729 41,200 SH
BROWN FORMAN CORP CL B 115637209 37,134 560,600 SH
BUCYRUS INTL INC NEW CL A 118759109 72 1,400 SH
BUCYRUS INTL INC NEW CL A 118759109 58,949 1,139,550 SH
BURLINGTON NORTHN SANTA FE CP COM 12189T104 1,369 18,550 SH
BURLINGTON NORTHN SANTA FE CP COM 12189T104 155 2,100 SH
BURLINGTON NORTHN SANTA FE CP COM 12189T104 11,501 155,824 SH
C H ROBINSON WORLDWIDE INC COM 12541W209 2,334 57,050 SH
C H ROBINSON WORLDWIDE INC COM 12541W209 24,570 600,650 SH
CIT GROUP INC COM 125581108 2,320 41,600 SH
CIT GROUP INC COM 125581108 4 75 SH
CIT GROUP INC COM 125581108 11,728 210,300 SH
CNOOC LTD SPONSORED ADR 126132109 33 350 SH
CNOOC LTD SPONSORED ADR 126132109 686 7,250 SH
CSX CORP COM 126408103 22,035 640,000 SH
CVS CORP COM 126650100 7 225 SH
CVS CORP COM 126650100 7,140 231,000 SH
CABOT OIL & GAS CORP COM 127097103 376 6,200 SH
CAMECO CORP COM 13321L108 65 1,600 SH
CAMECO CORP COM 13321L108 1,292 31,950 SH
CAMERON INTERNATIONAL CORP COM 13342B105 155 2,925 SH
CAMERON INTERNATIONAL CORP COM 13342B105 11 200 SH
ITEM 1 ITEM 6 ITEM 7 ITEM 8
MANAGERS VOTING AUTHORITY
INVESTMENT SEE (SHARES)
NAME OF ISSUE DISCRETION INSTR V (A) SOLE (B) SHARED (C) NONE
BEST BUY INC DEFINED 1,2,3,4 162,754
BEST BUY INC DEFINED 1,2,3 1,358,439
BIOMET INC DEFINED 5 96,525
BIOMET INC DEFINED 1,2,3 1,037,775
BIOGEN IDEC INC DEFINED 1,2,3,4 2,300
BLACKBOARD INC DEFINED 5 426,141
BLACKBOARD INC DEFINED 1,2,3 2,609,300
BLACK HILLS CORP DEFINED 1,2,3,4 1,100
BLACKBAUD INC DEFINED 1,2,3 2,872,900
BOEING CO DEFINED 5 501,903
BOEING CO DEFINED 1,2,3 3,318,281
BOIS D ARC ENERGY INC DEFINED 1,2,3,4 10,000
BOSTON SCIENTIFIC CORP DEFINED 5 97,700
BOSTON SCIENTIFIC CORP DEFINED 1,2,3,4 200
BOSTON SCIENTIFIC CORP DEFINED 1,2,3 502,600
BRADY CORP DEFINED 5 131,600
BRADY CORP DEFINED 1,2,3 358,700
BRISTOL MYERS SQUIBB CO DEFINED 1,2,3,4 26,800
BROADCOM CORP DEFINED 5 295,887
BROADCOM CORP DEFINED 1,2,3 2,472,330
BROWN FORMAN CORP DEFINED 5 41,200
BROWN FORMAN CORP DEFINED 1,2,3 560,600
BUCYRUS INTL INC NEW DEFINED 5 1,400
BUCYRUS INTL INC NEW DEFINED 1,2,3 1,139,550
BURLINGTON NORTHN SANTA FE CP DEFINED 5 18,550
BURLINGTON NORTHN SANTA FE CP DEFINED 1,2,3,4 2,100
BURLINGTON NORTHN SANTA FE CP DEFINED 1,2,3 155,824
C H ROBINSON WORLDWIDE INC DEFINED 5 57,050
C H ROBINSON WORLDWIDE INC DEFINED 1,2,3 600,650
CIT GROUP INC DEFINED 5 41,600
CIT GROUP INC DEFINED 1,2,3,4 75
CIT GROUP INC DEFINED 1,2,3 210,300
CNOOC LTD DEFINED 5 350
CNOOC LTD DEFINED 1,2,3 7,250
CSX CORP DEFINED 1,2,3 640,000
CVS CORP DEFINED 1,2,3,4 225
CVS CORP DEFINED 1,2,3 231,000
CABOT OIL & GAS CORP DEFINED 1,2,3,4 6,200
CAMECO CORP DEFINED 5 1,600
CAMECO CORP DEFINED 1,2,3 31,950
CAMERON INTERNATIONAL CORP DEFINED 5 2,925
CAMERON INTERNATIONAL CORP DEFINED 1,2,3,4 200
4
31-Dec-06
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5
FAIR SHARES/
TITLE OF CUSIP MARKET PRINCIPAL PUT/
NAME OF ISSUE CLASS NUMBER VALUE AMOUNT SH/PRN CALL
CAMERON INTERNATIONAL CORP COM 13342B105 3,135 59,100 SH
CAMPBELL SOUP CO COM 134429109 333 8,575 SH
CANADIAN SOLAR INC COM 136635109 2,661 255,050 SH
CANADIAN SOLAR INC COM 136635109 2,252 215,800 SH
CAPITAL ONE FINL CORP COM 14040H105 3,088 40,200 SH
CAPITAL ONE FINL CORP COM 14040H105 15,172 197,500 SH
CARDINAL HEALTH INC COM 14149Y108 32 500 SH
CARDINAL HEALTH INC COM 14149Y108 1,269 19,700 SH
CARNIVAL CORP COM 143658300 4,763 97,115 SH
CATERPILLAR INC DEL COM 149123101 1,748 28,496 SH
CATERPILLAR INC DEL COM 149123101 5,278 86,053 SH
CENTERPOINT ENERGY INC COM 15189T107 33 2,000 SH
CERNER CORP COM 156782104 37,936 833,400 SH
CERNER CORP COM 156782104 269,109 5,911,889 SH
CHECKFREE CORP NEW COM 162813109 52,099 1,297,771 SH
CHECKFREE CORP NEW COM 162813109 289,797 7,218,749 SH
CHESAPEAKE ENERGY CORP COM 165167107 554 19,066 SH
CHEVRON CORP NEW COM 166764100 7,434 101,100 SH
CHEVRON CORP NEW COM 166764100 3,458 47,025 SH
CHEVRON CORP NEW COM 166764100 130,560 1,775,600 SH
CHICAGO BRIDGE & IRON CO N Y REGISTRY SH 167250109 53,517 1,957,448 SH
CHICAGO MERCANTILE HLDGS INC CL A 167760107 147,107 288,586 SH
CHICAGO MERCANTILE HLDGS INC CL A 167760107 440,420 863,993 SH
CHICOS FAS INC COM 168615102 1,031 49,850 SH
CHICOS FAS INC COM 168615102 16,760 810,050 SH
CHINA GRENTECH CORP LTD ADR 16938P107 2,053 111,464 SH
CHINA MED TECHNOLOGIES INC SPONSORED ADR 169483104 4,062 150,000 SH
CHUBB CORP COM 171232101 733 13,856 SH
CHUNGHWA TELECOM CO LTD SPONSORED ADR 17133Q205 3,763 190,740 SH
CISCO SYS INC COM 17275R102 62,650 2,295,300 SH
CISCO SYS INC COM 17275R102 11,896 435,830 SH
CISCO SYS INC COM 17275R102 460,813 16,882,685 SH
CITADEL BROADCASTING CORP COM 17285T106 149 15,000 SH
CINTAS CORP COM 172908105 2,031 51,150 SH
CINTAS CORP COM 172908105 20,987 528,500 SH
CITIGROUP INC COM 172967101 6,131 110,073 SH
CITIGROUP INC COM 172967101 594 10,658 SH
CITIGROUP INC COM 172967101 50,743 911,006 SH
COCA COLA CO COM 191216100 1,438 29,800 SH
COLDWATER CREEK INC COM 193068103 669 27,300 SH
COLDWATER CREEK INC COM 193068103 6,913 282,050 SH
COLGATE PALMOLIVE CO COM 194162103 53,241 816,073 SH
ITEM 1 ITEM 6 ITEM 7 ITEM 8
MANAGERS VOTING AUTHORITY
INVESTMENT SEE (SHARES)
NAME OF ISSUE DISCRETION INSTR V (A) SOLE (B) SHARED (C) NONE
CAMERON INTERNATIONAL CORP DEFINED 1,2,3 59,100
CAMPBELL SOUP CO DEFINED 1,2,3,4 8,575
CANADIAN SOLAR INC DEFINED 5 255,050
CANADIAN SOLAR INC DEFINED 1,2,3 215,800
CAPITAL ONE FINL CORP DEFINED 5 40,200
CAPITAL ONE FINL CORP DEFINED 1,2,3 197,500
CARDINAL HEALTH INC DEFINED 1,2,3,4 500
CARDINAL HEALTH INC DEFINED 1,2,3 19,700
CARNIVAL CORP DEFINED 1,2,3,4 97,115
CATERPILLAR INC DEL DEFINED 5 28,496
CATERPILLAR INC DEL DEFINED 1,2,3 86,053
CENTERPOINT ENERGY INC DEFINED 1,2,3,4 2,000
CERNER CORP DEFINED 5 833,400
CERNER CORP DEFINED 1,2,3 5,911,889
CHECKFREE CORP NEW DEFINED 5 1,297,771
CHECKFREE CORP NEW DEFINED 1,2,3 7,218,749
CHESAPEAKE ENERGY CORP DEFINED 5 19,066
CHEVRON CORP NEW DEFINED 5 101,100
CHEVRON CORP NEW DEFINED 1,2,3,4 47,025
CHEVRON CORP NEW DEFINED 1,2,3 1,775,600
CHICAGO BRIDGE & IRON CO DEFINED 1,2,3 1,957,448
CHICAGO MERCANTILE HLDGS INC DEFINED 5 288,586
CHICAGO MERCANTILE HLDGS INC DEFINED 1,2,3 863,993
CHICOS FAS INC DEFINED 5 49,850
CHICOS FAS INC DEFINED 1,2,3 810,050
CHINA GRENTECH CORP LTD DEFINED 5 111,464
CHINA MED TECHNOLOGIES INC DEFINED 5 150,000
CHUBB CORP DEFINED 1,2,3,4 13,856
CHUNGHWA TELECOM CO LTD DEFINED 5 190,740
CISCO SYS INC DEFINED 5 2,295,300
CISCO SYS INC DEFINED 1,2,3,4 435,830
CISCO SYS INC DEFINED 1,2,3 16,882,685
CITADEL BROADCASTING CORP DEFINED 1,2,3 15,000
CINTAS CORP DEFINED 5 51,150
CINTAS CORP DEFINED 1,2,3 528,500
CITIGROUP INC DEFINED 5 110,073
CITIGROUP INC DEFINED 1,2,3,4 10,658
CITIGROUP INC DEFINED 1,2,3 911,006
COCA COLA CO DEFINED 1,2,3,4 29,800
COLDWATER CREEK INC DEFINED 5 27,300
COLDWATER CREEK INC DEFINED 1,2,3 282,050
COLGATE PALMOLIVE CO DEFINED 5 816,073
5
31-Dec-06
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5
FAIR SHARES/
TITLE OF CUSIP MARKET PRINCIPAL PUT/
NAME OF ISSUE CLASS NUMBER VALUE AMOUNT SH/PRN CALL
COLGATE PALMOLIVE CO COM 194162103 16,478 252,582 SH
COLGATE PALMOLIVE CO COM 194162103 348,057 5,335,024 SH
COMCAST CORP NEW CL A 20030N101 1,015 24,000 SH
COMCAST CORP NEW CL A 20030N101 12,476 295,000 SH
COMCAST CORP NEW CL A SPL 20030N200 8,057 192,300 SH
COMCAST CORP NEW CL A SPL 20030N200 112,916 2,694,882 SH
COMMUNITY HEALTH SYS INC NEW COM 203668108 1,143 31,300 SH
COMMUNITY HEALTH SYS INC NEW COM 203668108 7,010 191,961 SH
COMMUNITY HEALTH SYS INC NEW COM 203668108 14,027 384,100 SH
COMPANIA VALE DO RIO DOCE SPONSORED ADR 204412209 5,481 184,300 SH
COMPLETE PRODUCTION SERVICES COM 20453E109 818 38,600 SH
COMPLETE PRODUCTION SERVICES COM 20453E109 9,585 452,100 SH
COMTECH GROUP INC COM NEW 205821200 17,053 938,001 SH
COMTECH GROUP INC COM NEW 205821200 43,804 2,409,443 SH
CONAGRA FOODS INC COM 205887102 2,152 79,700 SH
CONAGRA FOODS INC COM 205887102 29,921 1,108,199 SH
CONOCOPHILLIPS COM 20825C104 3,356 46,650 SH
CONOCOPHILLIPS COM 20825C104 1,503 20,892 SH
CONOCOPHILLIPS COM 20825C104 108,206 1,503,900 SH
CONSOL ENERGY INC COM 20854P109 3,978 123,800 SH
CONSOL ENERGY INC COM 20854P109 5,400 168,056 SH
CORNING INC COM 219350105 412 22,000 SH
CORNING INC COM 219350105 12,238 654,100 SH
CORPORATE EXECUTIVE BRD CO COM 21988R102 42,871 488,611 SH
COSTAR GROUP INC COM 22160N109 9,544 178,200 SH
COSTAR GROUP INC COM 22160N109 58,945 1,100,650 SH
COVENTRY HEALTH CARE INC COM 222862104 2,863 57,200 SH
COVENTRY HEALTH CARE INC COM 222862104 21,724 434,050 SH
CTRIP COM INTL LTD ADR 22943F100 20,650 330,871 SH
CTRIP COM INTL LTD ADR 22943F100 28,050 449,454 SH
CULLEN FROST BANKERS INC COM 229899109 2,651 47,500 SH
CYBERONICS INC COM 23251P102 4,127 200,000 SH
CYTYC CORP COM 232946103 10,870 384,250 SH
CYTYC CORP COM 232946103 32,525 1,149,700 SH
DCT INDUSTRIAL TRUST INC COM 233153105 625 53,000 SH
DRS TECHNOLOGIES INC COM 23330X100 12,280 233,100 SH
DRS TECHNOLOGIES INC COM 23330X100 33,942 644,300 SH
DTS INC COM 23335C101 938 38,800 SH
DTS INC COM 23335C101 19,591 810,400 SH
DAVITA INC COM 23918K108 2,878 50,600 SH
DAVITA INC COM 23918K108 49,167 864,400 SH
DEALERTRACK HLDGS INC COM 242309102 5,730 195,000 SH
ITEM 1 ITEM 6 ITEM 7 ITEM 8
MANAGERS VOTING AUTHORITY
INVESTMENT SEE (SHARES)
NAME OF ISSUE DISCRETION INSTR V (A) SOLE (B) SHARED (C) NONE
COLGATE PALMOLIVE CO DEFINED 1,2,3,4 252,582
COLGATE PALMOLIVE CO DEFINED 1,2,3 5,335,024
COMCAST CORP NEW DEFINED 5 24,000
COMCAST CORP NEW DEFINED 1,2,3 295,000
COMCAST CORP NEW DEFINED 5 192,300
COMCAST CORP NEW DEFINED 1,2,3 2,694,882
COMMUNITY HEALTH SYS INC NEW DEFINED 5 31,300
COMMUNITY HEALTH SYS INC NEW DEFINED 1,2,3,4 191,961
COMMUNITY HEALTH SYS INC NEW DEFINED 1,2,3 384,100
COMPANIA VALE DO RIO DOCE DEFINED 1,2,3 184,300
COMPLETE PRODUCTION SERVICES DEFINED 5 38,600
COMPLETE PRODUCTION SERVICES DEFINED 1,2,3 452,100
COMTECH GROUP INC DEFINED 5 938,001
COMTECH GROUP INC DEFINED 1,2,3 2,409,443
CONAGRA FOODS INC DEFINED 5 79,700
CONAGRA FOODS INC DEFINED 1,2,3 1,108,199
CONOCOPHILLIPS DEFINED 5 46,650
CONOCOPHILLIPS DEFINED 1,2,3,4 20,892
CONOCOPHILLIPS DEFINED 1,2,3 1,503,900
CONSOL ENERGY INC DEFINED 5 123,800
CONSOL ENERGY INC DEFINED 1,2,3 168,056
CORNING INC DEFINED 5 22,000
CORNING INC DEFINED 1,2,3 654,100
CORPORATE EXECUTIVE BRD CO DEFINED 1,2,3 488,611
COSTAR GROUP INC DEFINED 5 178,200
COSTAR GROUP INC DEFINED 1,2,3 1,100,650
COVENTRY HEALTH CARE INC DEFINED 5 57,200
COVENTRY HEALTH CARE INC DEFINED 1,2,3 434,050
CTRIP COM INTL LTD DEFINED 5 330,871
CTRIP COM INTL LTD DEFINED 1,2,3 449,454
CULLEN FROST BANKERS INC DEFINED 1,2,3,4 47,500
CYBERONICS INC DEFINED 1,2,3 200,000
CYTYC CORP DEFINED 5 384,250
CYTYC CORP DEFINED 1,2,3 1,149,700
DCT INDUSTRIAL TRUST INC DEFINED 1,2,3 53,000
DRS TECHNOLOGIES INC DEFINED 5 233,100
DRS TECHNOLOGIES INC DEFINED 1,2,3 644,300
DTS INC DEFINED 5 38,800
DTS INC DEFINED 1,2,3 810,400
DAVITA INC DEFINED 5 50,600
DAVITA INC DEFINED 1,2,3 864,400
DEALERTRACK HLDGS INC DEFINED 5 195,000
6
31-Dec-06
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5
FAIR SHARES/
TITLE OF CUSIP MARKET PRINCIPAL PUT/
NAME OF ISSUE CLASS NUMBER VALUE AMOUNT SH/PRN CALL
DEALERTRACK HLDGS INC COM 242309102 26,200 891,600 SH
DEERE & CO COM 244199105 17,640 185,547 SH
DEERE & CO COM 244199105 157 1,650 SH
DEERE & CO COM 244199105 190,389 2,002,624 SH
DELTA PETE CORP COM NEW 247907207 20,650 892,600 SH
DENTSPLY INTL INC NEW COM 249030107 8,876 297,200 SH
DENTSPLY INTL INC NEW COM 249030107 79,617 2,665,886 SH
DEVON ENERGY CORP NEW COM 25179M103 2,705 40,325 SH
DEVON ENERGY CORP NEW COM 25179M103 1,823 27,181 SH
DEVON ENERGY CORP NEW COM 25179M103 15,596 232,500 SH
DIAGEO P L C SPON ADR NEW 25243Q205 6,364 80,242 SH
DIAGEO P L C SPON ADR NEW 25243Q205 24,968 314,811 SH
DIAMOND OFFSHORE DRILLING INC COM 25271C102 1,511 18,900 SH
DIGITAS INC COM 25388K104 12,996 969,480 SH
DIGITAS INC COM 25388K104 18,925 1,411,800 SH
DISNEY WALT CO COM DISNEY 254687106 14 400 SH
DOLLAR GEN CORP COM 256669102 1,674 104,250 SH
DOLLAR GEN CORP COM 256669102 8,340 519,300 SH
DOMINION RES INC VA NEW COM 25746U109 1,802 21,493 SH
DOMINION RES INC VA NEW COM 25746U109 8,304 99,045 SH
DOMINION RES INC VA NEW COM 25746U109 5,444 64,928 SH
DOUGLAS EMMETT INC COM 25960P109 1,474 55,450 SH
DOUGLAS EMMETT INC COM 25960P109 4,452 167,450 SH
DOVER CORP COM 260003108 6 125 SH
DRESSER-RAND GROUP INC COM 261608103 465 19,000 SH
DRESSER-RAND GROUP INC COM 261608103 2,692 110,000 SH
DREYFUS STRATEGIC MUNS INC COM 261932107 23 2,516 SH
DRIL-QUIP INC COM 262037104 11,862 302,900 SH
DRIL-QUIP INC COM 262037104 30,568 780,600 SH
DU PONT E I DE NEMOURS & CO COM 263534109 18,708 384,074 SH
DU PONT E I DE NEMOURS & CO COM 263534109 9,807 201,325 SH
DU PONT E I DE NEMOURS & CO COM 263534109 217,780 4,470,957 SH
DUKE REALTY CORP COM NEW 264411505 2,029 49,600 SH
DUKE REALTY CORP COM NEW 264411505 10,131 247,700 SH
DUKE ENERGY CORP CORP NEW COM 26441C105 740 22,282 SH
E M C CORP MASS COM 268648102 9 675 SH
ENSCO INTL INC COM 26874Q100 99 1,975 SH
ENSCO INTL INC COM 26874Q100 50 1,000 SH
ENSCO INTL INC COM 26874Q100 7,003 139,900 SH
EOG RES INC COM 26875P101 125 2,000 SH
EOG RES INC COM 26875P101 2,523 40,400 SH
EPIQ SYS INC COM 26882D109 15,303 902,302 SH
ITEM 1 ITEM 6 ITEM 7 ITEM 8
MANAGERS VOTING AUTHORITY
INVESTMENT SEE (SHARES)
NAME OF ISSUE DISCRETION INSTR V (A) SOLE (B) SHARED (C) NONE
DEALERTRACK HLDGS INC DEFINED 1,2,3 891,600
DEERE & CO DEFINED 5 185,547
DEERE & CO DEFINED 1,2,3,4 1,650
DEERE & CO DEFINED 1,2,3 2,002,624
DELTA PETE CORP DEFINED 1,2,3 892,600
DENTSPLY INTL INC NEW DEFINED 5 297,200
DENTSPLY INTL INC NEW DEFINED 1,2,3 2,665,886
DEVON ENERGY CORP NEW DEFINED 5 40,325
DEVON ENERGY CORP NEW DEFINED 1,2,3,4 27,181
DEVON ENERGY CORP NEW DEFINED 1,2,3 232,500
DIAGEO P L C DEFINED 5 80,242
DIAGEO P L C DEFINED 1,2,3 314,811
DIAMOND OFFSHORE DRILLING INC DEFINED 1,2,3 18,900
DIGITAS INC DEFINED 5 969,480
DIGITAS INC DEFINED 1,2,3 1,411,800
DISNEY WALT CO DEFINED 1,2,3,4 400
DOLLAR GEN CORP DEFINED 5 104,250
DOLLAR GEN CORP DEFINED 1,2,3 519,300
DOMINION RES INC VA NEW DEFINED 5 21,493
DOMINION RES INC VA NEW DEFINED 1,2,3,4 99,045
DOMINION RES INC VA NEW DEFINED 1,2,3 64,928
DOUGLAS EMMETT INC DEFINED 5 55,450
DOUGLAS EMMETT INC DEFINED 1,2,3 167,450
DOVER CORP DEFINED 1,2,3,4 125
DRESSER-RAND GROUP INC DEFINED 5 19,000
DRESSER-RAND GROUP INC DEFINED 1,2,3 110,000
DREYFUS STRATEGIC MUNS INC DEFINED 1,2,3,4 2,516
DRIL-QUIP INC DEFINED 5 302,900
DRIL-QUIP INC DEFINED 1,2,3 780,600
DU PONT E I DE NEMOURS & CO DEFINED 5 384,074
DU PONT E I DE NEMOURS & CO DEFINED 1,2,3,4 201,325
DU PONT E I DE NEMOURS & CO DEFINED 1,2,3 4,470,957
DUKE REALTY CORP DEFINED 5 49,600
DUKE REALTY CORP DEFINED 1,2,3 247,700
DUKE ENERGY CORP CORP NEW DEFINED 1,2,3,4 22,282
E M C CORP MASS DEFINED 1,2,3,4 675
ENSCO INTL INC DEFINED 5 1,975
ENSCO INTL INC DEFINED 1,2,3,4 1,000
ENSCO INTL INC DEFINED 1,2,3 139,900
EOG RES INC DEFINED 5 2,000
EOG RES INC DEFINED 1,2,3 40,400
EPIQ SYS INC DEFINED 1,2,3 902,302
7
31-Dec-06
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5
FAIR SHARES/
TITLE OF CUSIP MARKET PRINCIPAL PUT/
NAME OF ISSUE CLASS NUMBER VALUE AMOUNT SH/PRN CALL
EBAY INC COM 278642103 2,679 89,200 SH
EBAY INC COM 278642103 30,391 1,011,850 SH
EDISON INTL COM 281020107 127 2,800 SH
EL PASO CORP COM 28336L109 9 575 SH
ELAN PLC ADR 284131208 145 9,800 SH
ELAN PLC ADR 284131208 3,031 205,500 SH
ELECTRONIC ARTS INC COM 285512109 34,603 687,325 SH
ELECTRONIC ARTS INC COM 285512109 260,698 5,178,239 SH
EMAGEON INC COM 29076V109 9,572 623,200 SH
EMAGEON INC COM 29076V109 24,567 1,599,400 SH
EMBARQ CORP COM 29078E105 1 18 SH
EMERGENT BIOSOLUTIONS COM 29089Q105 183 16,400 SH
EMERSON ELEC CO COM 291011104 5,373 121,928 SH
EMERSON ELEC CO COM 291011104 300 6,800 SH
EMERSON ELEC CO COM 291011104 45,351 1,029,078 SH
ENCANA CORP COM 292505104 6,991 152,150 SH
ENBRIDGE INC COM 29250N105 1,924 55,941 SH
ENBRIDGE INC COM 29250N105 8,027 233,345 SH
ENCYSIVE PHARMACEUTICALS INC COM 29256X107 42 10,000 SH
ENDEAVOUR INTL CORP COM 29259G101 229 100,000 SH
ENDO PHARMACEUTICALS HLDGS I COM 29264F205 813 29,500 SH
ENDO PHARMACEUTICALS HLDGS I COM 29264F205 4,013 145,600 SH
ENERGY CONVERSIOPN DEVICES IN COM 292659109 7,396 217,800 SH
ENERGY CONVERSIOPN DEVICES IN COM 292659109 16,129 474,950 SH
ENERGEN CORP COM 29265N108 23 500 SH
ENERGY EAST CORP COM 29266M109 1,962 79,100 SH
ENERGY EAST CORP COM 29266M109 9,746 393,000 SH
ENTERGY CORP NEW COM 29364G103 150 1,625 SH
ENTERGY CORP NEW COM 29364G103 3,037 32,900 SH
EQUITABLE RES INC COM 294549100 34,861 835,000 SH
EQUITY LIFESTYLE PPTYS INC COM 29472R108 1,089 20,000 SH
EQUITY RESIDENTIAL PPTYS TR SH BEN INT 29476L107 56 1,100 SH
ERICSSON LM TEL CO ADR B SEK 10 294821608 6 150 SH
ESCO TECHNOLOGIES INC COM 296315104 18,694 411,400 SH
ESCO TECHNOLOGIES INC COM 296315104 83,837 1,845,000 SH
EURONET WORLDWIDE INC COM 298736109 8,720 293,950 SH
EURONET WORLDWIDE INC COM 298736109 103,488 3,488,550 SH
EVERGREEN ENERGY INC COM 30024B104 5,653 571,600 SH
EVERGREEN ENERGY INC COM 30024B104 15,869 1,604,600 SH
EVERGREEN SOLAR INC COM 30033R108 29 3,800 SH
EVERGREEN SOLAR INC COM 30033R108 577 76,300 SH
EXELON CORP COM 30161N101 2,901 46,875 SH
ITEM 1 ITEM 6 ITEM 7 ITEM 8
MANAGERS VOTING AUTHORITY
INVESTMENT SEE (SHARES)
NAME OF ISSUE DISCRETION INSTR V (A) SOLE (B) SHARED (C) NONE
EBAY INC DEFINED 5 89,200
EBAY INC DEFINED 1,2,3 1,011,850
EDISON INTL DEFINED 1,2,3,4 2,800
EL PASO CORP DEFINED 1,2,3,4 575
ELAN PLC DEFINED 5 9,800
ELAN PLC DEFINED 1,2,3 205,500
ELECTRONIC ARTS INC DEFINED 5 687,325
ELECTRONIC ARTS INC DEFINED 1,2,3 5,178,239
EMAGEON INC DEFINED 5 623,200
EMAGEON INC DEFINED 1,2,3 1,599,400
EMBARQ CORP DEFINED 1,2,3,4 18
EMERGENT BIOSOLUTIONS DEFINED 5 16,400
EMERSON ELEC CO DEFINED 5 121,928
EMERSON ELEC CO DEFINED 1,2,3,4 6,800
EMERSON ELEC CO DEFINED 1,2,3 1,029,078
ENCANA CORP DEFINED 1,2,3 152,150
ENBRIDGE INC DEFINED 5 55,941
ENBRIDGE INC DEFINED 1,2,3 233,345
ENCYSIVE PHARMACEUTICALS INC DEFINED 1,2,3,4 10,000
ENDEAVOUR INTL CORP DEFINED 1,2,3,4 100,000
ENDO PHARMACEUTICALS HLDGS I DEFINED 5 29,500
ENDO PHARMACEUTICALS HLDGS I DEFINED 1,2,3 145,600
ENERGY CONVERSIOPN DEVICES IN DEFINED 5 217,800
ENERGY CONVERSIOPN DEVICES IN DEFINED 1,2,3 474,950
ENERGEN CORP DEFINED 1,2,3,4 500
ENERGY EAST CORP DEFINED 5 79,100
ENERGY EAST CORP DEFINED 1,2,3 393,000
ENTERGY CORP NEW DEFINED 5 1,625
ENTERGY CORP NEW DEFINED 1,2,3 32,900
EQUITABLE RES INC DEFINED 1,2,3 835,000
EQUITY LIFESTYLE PPTYS INC DEFINED 1,2,3,4 20,000
EQUITY RESIDENTIAL PPTYS TR DEFINED 1,2,3,4 1,100
ERICSSON LM TEL CO DEFINED 1,2,3,4 150
ESCO TECHNOLOGIES INC DEFINED 5 411,400
ESCO TECHNOLOGIES INC DEFINED 1,2,3 1,845,000
EURONET WORLDWIDE INC DEFINED 5 293,950
EURONET WORLDWIDE INC DEFINED 1,2,3 3,488,550
EVERGREEN ENERGY INC DEFINED 5 571,600
EVERGREEN ENERGY INC DEFINED 1,2,3 1,604,600
EVERGREEN SOLAR INC DEFINED 5 3,800
EVERGREEN SOLAR INC DEFINED 1,2,3 76,300
EXELON CORP DEFINED 5 46,875
8
31-Dec-06
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5
FAIR SHARES/
TITLE OF CUSIP MARKET PRINCIPAL PUT/
NAME OF ISSUE CLASS NUMBER VALUE AMOUNT SH/PRN CALL
EXELON CORP COM 30161N101 8,978 145,070 SH
EXELON CORP COM 30161N101 40,250 650,350 SH
EXPEDITORS INT'L WASH INC COM 302130109 10,462 258,450 SH
EXPEDITORS INT'L WASH INC COM 302130109 88,374 2,183,161 SH
EXPRESS SCRIPTS INC COM 302182100 999 13,950 SH
EXPRESS SCRIPTS INC COM 302182100 29,375 410,100 SH
EXXON MOBIL CORP COM 30231G102 67,241 877,471 SH
EXXON MOBIL CORP COM 30231G102 30,367 396,278 SH
EXXON MOBIL CORP COM 30231G102 377,678 4,928,595 SH
FLIR SYS INC COM 302445101 13,964 438,300 SH
FLIR SYS INC COM 302445101 30,429 955,100 SH
FMC TECHNOLOGIES INC COM 30249U101 34 550 SH
FMC TECHNOLOGIES INC COM 30249U101 709 11,500 SH
FPL GROUP INC COM 302571104 44 800 SH
FACTSET RESH SYS INC COM 303075105 12,190 215,825 SH
FACTSET RESH SYS INC COM 303075105 107,339 1,900,486 SH
FAMILY DLR STORES INC COM 307000109 1,880 64,100 SH
FAMILY DLR STORES INC COM 307000109 9,383 319,900 SH
FASTENAL CO COM 311900104 3,233 90,150 SH
FASTENAL CO COM 311900104 33,206 925,850 SH
FEDERAL HOME LN MTG CORP COM 313400301 3,633 53,500 SH
FEDERAL HOME LN MTG CORP COM 313400301 17,987 264,900 SH
FEDERAL NATL MTG ASSN COM 313586109 3,504 59,000 SH
FEDERAL NATL MTG ASSN COM 313586109 17,508 294,800 SH
FEDERATED DEPT STORES INC DE COM 31410H101 902 23,665 SH
FEDERATED DEPT STORES INC DE COM 31410H101 2,725 71,466 SH
FINANCIAL FED CORP COM 317492106 10,852 369,000 SH
FINANCIAL FED CORP COM 317492106 64,646 2,198,104 SH
FIRST SOLAR INC COM 336433107 73 2,450 SH
FIRST SOLAR INC COM 336433107 1,481 49,800 SH
FIRSTENERGY CORP COM 337932107 2,439 40,500 SH
FIRSTENERGY CORP COM 337932107 12,042 200,000 SH
FLUOR CORP NEW COM 343412102 27,836 340,915 SH
FLUOR CORP NEW COM 343412102 7,210 88,305 SH
FLUOR CORP NEW COM 343412102 115,277 1,411,841 SH
FOCUS MEDIA HLDG LTD SPONSORED ADR 34415V109 9,713 146,215 SH
FOCUS MEDIA HLDG LTD SPONSORED ADR 34415V109 13,194 198,617 SH
FORD MTR CO DEL COM PAR $0.01 345370860 4,048 539,000 SH
FORD MTR CO DEL COM PAR $0.01 345370860 60,989 8,121,000 SH
FORTUNE BRANDS INC COM 349631101 2,041 23,900 SH
FORTUNE BRANDS INC COM 349631101 6,162 72,163 SH
FOUNDATION COAL HLDGS INC COM 35039W100 47 1,475 SH
ITEM 1 ITEM 6 ITEM 7 ITEM 8
MANAGERS VOTING AUTHORITY
INVESTMENT SEE (SHARES)
NAME OF ISSUE DISCRETION INSTR V (A) SOLE (B) SHARED (C) NONE
EXELON CORP DEFINED 1,2,3,4 145,070
EXELON CORP DEFINED 1,2,3 650,350
EXPEDITORS INT'L WASH INC DEFINED 5 258,450
EXPEDITORS INT'L WASH INC DEFINED 1,2,3 2,183,161
EXPRESS SCRIPTS INC DEFINED 5 13,950
EXPRESS SCRIPTS INC DEFINED 1,2,3 410,100
EXXON MOBIL CORP DEFINED 5 877,471
EXXON MOBIL CORP DEFINED 1,2,3,4 396,278
EXXON MOBIL CORP DEFINED 1,2,3 4,928,595
FLIR SYS INC DEFINED 5 438,300
FLIR SYS INC DEFINED 1,2,3 955,100
FMC TECHNOLOGIES INC DEFINED 5 550
FMC TECHNOLOGIES INC DEFINED 1,2,3 11,500
FPL GROUP INC DEFINED 1,2,3,4 800
FACTSET RESH SYS INC DEFINED 5 215,825
FACTSET RESH SYS INC DEFINED 1,2,3 1,900,486
FAMILY DLR STORES INC DEFINED 5 64,100
FAMILY DLR STORES INC DEFINED 1,2,3 319,900
FASTENAL CO DEFINED 5 90,150
FASTENAL CO DEFINED 1,2,3 925,850
FEDERAL HOME LN MTG CORP DEFINED 5 53,500
FEDERAL HOME LN MTG CORP DEFINED 1,2,3 264,900
FEDERAL NATL MTG ASSN DEFINED 5 59,000
FEDERAL NATL MTG ASSN DEFINED 1,2,3 294,800
FEDERATED DEPT STORES INC DE DEFINED 5 23,665
FEDERATED DEPT STORES INC DE DEFINED 1,2,3 71,466
FINANCIAL FED CORP DEFINED 5 369,000
FINANCIAL FED CORP DEFINED 1,2,3 2,198,104
FIRST SOLAR INC DEFINED 5 2,450
FIRST SOLAR INC DEFINED 1,2,3 49,800
FIRSTENERGY CORP DEFINED 5 40,500
FIRSTENERGY CORP DEFINED 1,2,3 200,000
FLUOR CORP NEW DEFINED 5 340,915
FLUOR CORP NEW DEFINED 1,2,3,4 88,305
FLUOR CORP NEW DEFINED 1,2,3 1,411,841
FOCUS MEDIA HLDG LTD DEFINED 5 146,215
FOCUS MEDIA HLDG LTD DEFINED 1,2,3 198,617
FORD MTR CO DEL DEFINED 5 539,000
FORD MTR CO DEL DEFINED 1,2,3 8,121,000
FORTUNE BRANDS INC DEFINED 5 23,900
FORTUNE BRANDS INC DEFINED 1,2,3 72,163
FOUNDATION COAL HLDGS INC DEFINED 5 1,475
9
31-Dec-06
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5
FAIR SHARES/
TITLE OF CUSIP MARKET PRINCIPAL PUT/
NAME OF ISSUE CLASS NUMBER VALUE AMOUNT SH/PRN CALL
FOUNDATION COAL HLDGS INC COM 35039W100 6,346 199,800 SH
FOUNDRY NETWORKS INC COM 35063R100 4,117 275,000 SH
FRANKLIN RES INC COM 354613101 7,767 70,500 SH
FREEPORT-MCMORAN COPPER & GOLD CL B 35671D857 8,167 146,550 SH
GAP INC DEL COM 364760108 1,334 68,400 SH
GAP INC DEL COM 364760108 449 23,000 SH
GAP INC DEL COM 364760108 14,870 762,550 SH
GARDNER DENVER INC COM 365558105 6,462 173,200 SH
GAYLORD ENTMT CO NEW COM 367905106 69,749 1,369,500 SH
GEN-PROBE INC NEW COM 36866T103 1,290 24,650 SH
GEN-PROBE INC NEW COM 36866T103 13,368 255,400 SH
GENENTECH INC COM NEW 368710406 30,164 371,804 SH
GENENTECH INC COM NEW 368710406 172,738 2,129,145 SH
GENERAL CABLE CORP DEL NEW COM 369300108 10,390 237,700 SH
GENERAL CABLE CORP DEL NEW COM 369300108 23,783 544,100 SH
GENERAL DYNAMICS CORP COM 369550108 30,848 414,900 SH
GENERAL DYNAMICS CORP COM 369550108 10,940 147,145 SH
GENERAL DYNAMICS CORP COM 369550108 329,131 4,426,779 SH
GENERAL ELEC CO COM 369604103 42,246 1,135,352 SH
GENERAL ELEC CO COM 369604103 25,843 694,530 SH
GENERAL ELEC CO COM 369604103 443,865 11,928,651 SH
GENERAL MLS INC COM 370334104 2,494 43,300 SH
GENERAL MLS INC COM 370334104 86 1,500 SH
GENERAL MLS INC COM 370334104 12,540 217,700 SH
GENWORTH FINL INC COM CL A 37247D106 941 27,500 SH
GENWORTH FINL INC COM CL A 37247D106 4,707 137,600 SH
GENZYME CORP COM GENL DIV 372917104 9,313 151,300 SH
GENZYME CORP COM GENL DIV 372917104 76,488 1,242,600 SH
GETTY IMAGES INC COM 374276103 4,438 103,650 SH
GETTY IMAGES INC COM 374276103 55,246 1,290,182 SH
GILEAD SCIENCES INC COM 375558103 37,464 577,305 SH
GILEAD SCIENCES INC COM 375558103 265,606 4,092,857 SH
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 100 1,896 SH
GLOBAL CASH ACCESS HLDGS INC COM 378967103 3,535 217,800 SH
GLOBAL CASH ACCESS HLDGS INC COM 378967103 29,061 1,790,600 SH
GLOBAL INDS LTD COM 379336100 959 73,500 SH
GLOBAL PAYMENTS INC COM 37940X102 2,820 60,900 SH
GLOBAL PAYMENTS INC COM 37940X102 24,650 532,400 SH
GOLDCORP INC NEW COM 380956409 33,525 1,178,782 SH
GOLDCORP INC NEW COM 380956409 53,566 1,883,460 SH
GOLDMAN SACHS GROUP INC COM 38141G104 38,893 195,098 SH
GOLDMAN SACHS GROUP INC COM 38141G104 35 175 SH
ITEM 1 ITEM 6 ITEM 7 ITEM 8
MANAGERS VOTING AUTHORITY
INVESTMENT SEE (SHARES)
NAME OF ISSUE DISCRETION INSTR V (A) SOLE (B) SHARED (C) NONE
FOUNDATION COAL HLDGS INC DEFINED 1,2,3 199,800
FOUNDRY NETWORKS INC DEFINED 1,2,3 275,000
FRANKLIN RES INC DEFINED 1,2,3 70,500
FREEPORT-MCMORAN COPPER & GOLD DEFINED 1,2,3 146,550
GAP INC DEL DEFINED 5 68,400
GAP INC DEL DEFINED 1,2,3,4 23,000
GAP INC DEL DEFINED 1,2,3 762,550
GARDNER DENVER INC DEFINED 1,2,3 173,200
GAYLORD ENTMT CO NEW DEFINED 1,2,3 1,369,500
GEN-PROBE INC NEW DEFINED 5 24,650
GEN-PROBE INC NEW DEFINED 1,2,3 255,400
GENENTECH INC DEFINED 5 371,804
GENENTECH INC DEFINED 1,2,3 2,129,145
GENERAL CABLE CORP DEL NEW DEFINED 5 237,700
GENERAL CABLE CORP DEL NEW DEFINED 1,2,3 544,100
GENERAL DYNAMICS CORP DEFINED 5 414,900
GENERAL DYNAMICS CORP DEFINED 1,2,3,4 147,145
GENERAL DYNAMICS CORP DEFINED 1,2,3 4,426,779
GENERAL ELEC CO DEFINED 5 1,135,352
GENERAL ELEC CO DEFINED 1,2,3,4 694,530
GENERAL ELEC CO DEFINED 1,2,3 11,928,651
GENERAL MLS INC DEFINED 5 43,300
GENERAL MLS INC DEFINED 1,2,3,4 1,500
GENERAL MLS INC DEFINED 1,2,3 217,700
GENWORTH FINL INC DEFINED 5 27,500
GENWORTH FINL INC DEFINED 1,2,3 137,600
GENZYME CORP DEFINED 5 151,300
GENZYME CORP DEFINED 1,2,3 1,242,600
GETTY IMAGES INC DEFINED 5 103,650
GETTY IMAGES INC DEFINED 1,2,3 1,290,182
GILEAD SCIENCES INC DEFINED 5 577,305
GILEAD SCIENCES INC DEFINED 1,2,3 4,092,857
GLAXOSMITHKLINE PLC DEFINED 1,2,3,4 1,896
GLOBAL CASH ACCESS HLDGS INC DEFINED 5 217,800
GLOBAL CASH ACCESS HLDGS INC DEFINED 1,2,3 1,790,600
GLOBAL INDS LTD DEFINED 1,2,3 73,500
GLOBAL PAYMENTS INC DEFINED 5 60,900
GLOBAL PAYMENTS INC DEFINED 1,2,3 532,400
GOLDCORP INC NEW DEFINED 5 1,178,782
GOLDCORP INC NEW DEFINED 1,2,3 1,883,460
GOLDMAN SACHS GROUP INC DEFINED 5 195,098
GOLDMAN SACHS GROUP INC DEFINED 1,2,3,4 175
10
31-Dec-06
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5
FAIR SHARES/
TITLE OF CUSIP MARKET PRINCIPAL PUT/
NAME OF ISSUE CLASS NUMBER VALUE AMOUNT SH/PRN CALL
GOLDMAN SACHS GROUP INC COM 38141G104 277,659 1,392,823 SH
GOODRICH CORP COM 382388106 2,105 46,214 SH
GOODRICH CORP COM 382388106 7,679 168,594 SH
GOODMAN GLOBAL INC COM 38239A100 2,836 164,900 SH
GOOGLE INC CL A 38259P508 38,874 84,465 SH
GOOGLE INC CL A 38259P508 223,753 486,172 SH
GRANT PRIDECO INC COM 38821G101 1,469 36,931 SH
GRANT PRIDECO INC COM 38821G101 6,609 166,174 SH
GRUPO AEROPORTUARIO CTR NORT SPON ADR 400501102 2,226 100,000 SH
GUITAR CTR MGMT INC COM 402040109 5,540 122,000 SH
HMS HLDGS CORP COM 40425J101 1,910 125,970 SH
HMS HLDGS CORP COM 40425J101 8,758 577,700 SH
HALLIBURTON CO COM 406216101 104 3,350 SH
HALLIBURTON CO COM 406216101 8,230 265,055 SH
HALLIBURTON CO COM 406216101 2,088 67,250 SH
HARLEY DAVIDSON INC COM 412822108 4,954 70,300 SH
HARLEY DAVIDSON INC COM 412822108 44,371 629,640 SH
HARMAN INTL INDS INC COM 413086109 2,950 29,525 SH
HARMAN INTL INDS INC COM 413086109 35,597 356,286 SH
HARRAHS ENTMT INC COM 413619107 2,322 28,075 SH
HARRAHS ENTMT INC COM 413619107 7,012 84,762 SH
HARRIS CORP DEL COM 413875105 7,154 156,000 SH
HARTFOLD FINL SVCS GROUP INC COM 416515104 159 1,700 SH
HARTFOLD FINL SVCS GROUP INC COM 416515104 18,662 200,000 SH
HEALTHSOUTHCORP COM 421924309 3,897 172,040 SH
HEALTHSOUTHCORP COM 421924309 32,037 1,414,420 SH
HEADWATERS INC COM 42210P102 1,970 82,200 SH
HEADWATERS INC COM 42210P102 16,834 702,600 SH
HEALTH NET INC COM 42222G108 18,248 375,000 SH
HEALTHWAYS INC COM 422245100 21,067 441,600 SH
HEALTHWAYS INC COM 422245100 91,699 1,922,215 SH
HEELYS INC COM 42279M107 23,620 735,600 SH
HERSHEY FOODS CORP COM 427866108 1,927 38,700 SH
HERSHEY FOODS CORP COM 427866108 20,159 404,800 SH
HERTZ GLOBAL HOLDINGS INC COM 42805T105 2,265 130,250 SH
HESS CORP COM 42809H107 63 1,275 SH
HESS CORP COM 42809H107 1,281 25,850 SH
HEWLETT PACKARD CO COM 428236103 19,512 473,700 SH
HEWLETT PACKARD CO COM 428236103 215,798 5,239,088 SH
HILTON HOTELS CORP COM 432848109 209 6,000 SH
HILTON HOTELS CORP COM 432848109 21,289 610,000 SH
HIMAX TECHNOLOGIES INC SPONSORED ADR 43289P106 6,219 1,305,180 SH
ITEM 1 ITEM 6 ITEM 7 ITEM 8
MANAGERS VOTING AUTHORITY
INVESTMENT SEE (SHARES)
NAME OF ISSUE DISCRETION INSTR V (A) SOLE (B) SHARED (C) NONE
GOLDMAN SACHS GROUP INC DEFINED 1,2,3 1,392,823
GOODRICH CORP DEFINED 5 46,214
GOODRICH CORP DEFINED 1,2,3 168,594
GOODMAN GLOBAL INC DEFINED 1,2,3 164,900
GOOGLE INC DEFINED 5 84,465
GOOGLE INC DEFINED 1,2,3 486,172
GRANT PRIDECO INC DEFINED 5 36,931
GRANT PRIDECO INC DEFINED 1,2,3 166,174
GRUPO AEROPORTUARIO CTR NORT DEFINED 1,2,3 100,000
GUITAR CTR MGMT INC DEFINED 1,2,3 122,000
HMS HLDGS CORP DEFINED 5 125,970
HMS HLDGS CORP DEFINED 1,2,3 577,700
HALLIBURTON CO DEFINED 5 3,350
HALLIBURTON CO DEFINED 1,2,3,4 265,055
HALLIBURTON CO DEFINED 1,2,3 67,250
HARLEY DAVIDSON INC DEFINED 5 70,300
HARLEY DAVIDSON INC DEFINED 1,2,3 629,640
HARMAN INTL INDS INC DEFINED 5 29,525
HARMAN INTL INDS INC DEFINED 1,2,3 356,286
HARRAHS ENTMT INC DEFINED 5 28,075
HARRAHS ENTMT INC DEFINED 1,2,3 84,762
HARRIS CORP DEL DEFINED 1,2,3 156,000
HARTFOLD FINL SVCS GROUP INC DEFINED 1,2,3,4 1,700
HARTFOLD FINL SVCS GROUP INC DEFINED 1,2,3 200,000
HEALTHSOUTHCORP DEFINED 5 172,040
HEALTHSOUTHCORP DEFINED 1,2,3 1,414,420
HEADWATERS INC DEFINED 5 82,200
HEADWATERS INC DEFINED 1,2,3 702,600
HEALTH NET INC DEFINED 1,2,3 375,000
HEALTHWAYS INC DEFINED 5 441,600
HEALTHWAYS INC DEFINED 1,2,3 1,922,215
HEELYS INC DEFINED 1,2,3 735,600
HERSHEY FOODS CORP DEFINED 5 38,700
HERSHEY FOODS CORP DEFINED 1,2,3 404,800
HERTZ GLOBAL HOLDINGS INC DEFINED 1,2,3 130,250
HESS CORP DEFINED 5 1,275
HESS CORP DEFINED 1,2,3 25,850
HEWLETT PACKARD CO DEFINED 5 473,700
HEWLETT PACKARD CO DEFINED 1,2,3 5,239,088
HILTON HOTELS CORP DEFINED 5 6,000
HILTON HOTELS CORP DEFINED 1,2,3 610,000
HIMAX TECHNOLOGIES INC DEFINED 5 1,305,180
11
31-Dec-06
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5
FAIR SHARES/
TITLE OF CUSIP MARKET PRINCIPAL PUT/
NAME OF ISSUE CLASS NUMBER VALUE AMOUNT SH/PRN CALL
HIMAX TECHNOLOGIES INC SPONSORED ADR 43289P106 26,643 5,591,500 SH
HOLLY CORP COM PAR $0.01 435758305 1,539 29,950 SH
HOLOGIC INC COM 436440101 10,799 228,600 SH
HOLOGIC INC COM 436440101 38,938 824,250 SH
HOME DEPOT INC COM 437076102 558 13,900 SH
HOME DEPOT INC COM 437076102 10 250 SH
HOME DEPOT INC COM 437076102 7,562 188,300 SH
HOME DIAGNOSTICS INC DEL COM 437080104 1,132 106,800 SH
HOME DIAGNOSTICS INC DEL COM 437080104 9,478 894,600 SH
HONEYWELL INTL INC COM 438516106 5,651 124,910 SH
HOST HOTELS & RESORTS INC COM 44107P104 1,548 63,068 SH
HOST HOTELS & RESORTS INC COM 44107P104 6,146 250,351 SH
HUGOTON RTY TR TEX UNIT BEN INT 444717102 20 799 SH
HUNT J B TRANS SVCS INC COM 445658107 42,059 2,024,482 SH
HYDRIL COM 448774109 9,340 124,299 SH
HYDRIL COM 448774109 21,452 285,500 SH
HYDROGENICS CORP COM 448882100 19 14,900 SH
HYDROGENICS CORP COM 448882100 383 300,300 SH
IPG PHOTONICS CORP COM 44980X109 2,043 85,200 SH
IPG PHOTONICS CORP COM 44980X109 16,550 690,300 SH
ISTAR FINL INC COM 45031U101 5,738 120,000 SH
ITT EDUCATIONAL SERVICES INC COM 45068B109 70,173 1,057,302 SH
ICICI BK LTD ADR 45104G104 6,261 150,000 SH
IDEARC INC COM 451663108 22 785 SH
IDEX CORP COM 45167R104 2,727 57,525 SH
IDEX CORP COM 45167R104 28,437 599,800 SH
ILLINOIS TOOL WKS INC COM 452308109 1,736 37,580 SH
ILLINOIS TOOL WKS INC COM 452308109 8,661 187,500 SH
INTEL CORP COM 458140100 6 275 SH
INTERMEC INC COM 458786100 17 683 SH
INTERNATIONAL GAME TECHNOLOGY COM 459902102 17,286 374,150 SH
INTERNATIONAL GAME TECHNOLOGY COM 459902102 158,450 3,429,661 SH
INTERLASE CORP COM 461169104 16,042 717,600 SH
INTERLASE CORP COM 461169104 60,975 2,727,600 SH
INVESTMENT TECHNOLOGY GRP NE COM 46145F105 6,959 162,300 SH
IOWA TELECOMM SERVICES INC COM 462594201 2,380 120,753 SH
IOWA TELECOMM SERVICES INC COM 462594201 7,187 364,638 SH
ISHARES INC MSCI TAIWAN 464286731 5,375 370,400 SH
ISHARES TR RUSL 2000 GROW 464287648 20,874 265,400 SH
J P MORGAN CHASE & CO COM 46625H100 27,844 576,483 SH
J P MORGAN CHASE & CO COM 46625H100 10,524 217,880 SH
J P MORGAN CHASE & CO COM 46625H100 264,537 5,476,954 SH
ITEM 1 ITEM 6 ITEM 7 ITEM 8
MANAGERS VOTING AUTHORITY
INVESTMENT SEE (SHARES)
NAME OF ISSUE DISCRETION INSTR V (A) SOLE (B) SHARED (C) NONE
HIMAX TECHNOLOGIES INC DEFINED 1,2,3 5,591,500
HOLLY CORP DEFINED 1,2,3 29,950
HOLOGIC INC DEFINED 5 228,600
HOLOGIC INC DEFINED 1,2,3 824,250
HOME DEPOT INC DEFINED 5 13,900
HOME DEPOT INC DEFINED 1,2,3,4 250
HOME DEPOT INC DEFINED 1,2,3 188,300
HOME DIAGNOSTICS INC DEL DEFINED 5 106,800
HOME DIAGNOSTICS INC DEL DEFINED 1,2,3 894,600
HONEYWELL INTL INC DEFINED 1,2,3,4 124,910
HOST HOTELS & RESORTS INC DEFINED 5 63,068
HOST HOTELS & RESORTS INC DEFINED 1,2,3 250,351
HUGOTON RTY TR TEX DEFINED 1,2,3,4 799
HUNT J B TRANS SVCS INC DEFINED 1,2,3 2,024,482
HYDRIL DEFINED 5 124,299
HYDRIL DEFINED 1,2,3 285,500
HYDROGENICS CORP DEFINED 5 14,900
HYDROGENICS CORP DEFINED 1,2,3 300,300
IPG PHOTONICS CORP DEFINED 5 85,200
IPG PHOTONICS CORP DEFINED 1,2,3 690,300
ISTAR FINL INC DEFINED 1,2,3 120,000
ITT EDUCATIONAL SERVICES INC DEFINED 1,2,3 1,057,302
ICICI BK LTD DEFINED 5 150,000
IDEARC INC DEFINED 1,2,3,4 785
IDEX CORP DEFINED 5 57,525
IDEX CORP DEFINED 1,2,3 599,800
ILLINOIS TOOL WKS INC DEFINED 5 37,580
ILLINOIS TOOL WKS INC DEFINED 1,2,3 187,500
INTEL CORP DEFINED 1,2,3,4 275
INTERMEC INC DEFINED 1,2,3,4 683
INTERNATIONAL GAME TECHNOLOGY DEFINED 5 374,150
INTERNATIONAL GAME TECHNOLOGY DEFINED 1,2,3 3,429,661
INTERLASE CORP DEFINED 5 717,600
INTERLASE CORP DEFINED 1,2,3 2,727,600
INVESTMENT TECHNOLOGY GRP NE DEFINED 1,2,3 162,300
IOWA TELECOMM SERVICES INC DEFINED 5 120,753
IOWA TELECOMM SERVICES INC DEFINED 1,2,3 364,638
ISHARES INC DEFINED 5 370,400
ISHARES TR DEFINED 1,2,3 265,400
J P MORGAN CHASE & CO DEFINED 5 576,483
J P MORGAN CHASE & CO DEFINED 1,2,3,4 217,880
J P MORGAN CHASE & CO DEFINED 1,2,3 5,476,954
12
31-Dec-06
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5
FAIR SHARES/
TITLE OF CUSIP MARKET PRINCIPAL PUT/
NAME OF ISSUE CLASS NUMBER VALUE AMOUNT SH/PRN CALL
JACOBS ENGR GROUP INC DEL COM 469814107 17,901 219,539 SH
JACOBS ENGR GROUP INC DEL COM 469814107 22,334 273,903 SH
JANUS CAP GROUP INC COM 47102X105 6 275 SH
JOHNSON & JOHNSON COM 478160104 37,703 571,087 SH
JOHNSON & JOHNSON COM 478160104 15,030 227,652 SH
JOHNSON & JOHNSON COM 478160104 371,516 5,627,324 SH
JUNIPER NETWORKS INC COM 48203R104 5 250 SH
JUNIPER NETWORKS INC COM 48203R104 1,310 69,200 SH
KANSAS CITY SOUTHN INDS INC COM NEW 485170302 10,288 355,000 SH
KANSAS CITY SOUTHN INDS INC COM NEW 485170302 79,461 2,741,920 SH
KINDER MORGAN INC KANS COM 49455P101 2,843 26,881 SH
KINDER MORGAN INC KANS COM 49455P101 10,893 103,008 SH
KINDER MORGAN MANAGEMENT LLC SHS 49455U100 1,370 30,000 SH
KIRBY CORP COM 497266106 205 6,000 SH
KOHLS CORP COM 500255104 11,483 167,800 SH
KOHLS CORP COM 500255104 5 75 SH
KOHLS CORP COM 500255104 102,728 1,501,218 SH
KONGZHONG CORP SPONSORED ADR 50047P104 1,947 200,000 SH
KYPHON INC COM 501577100 9,370 232,000 SH
KYPHON INC COM 501577100 48,220 1,193,850 SH
LKQ CORP COM 501889208 10,458 455,600 SH
LKQ CORP COM 501889208 65,664 2,860,552 SH
LABORATORY CORP AMER HLDGS COM NEW 50540R409 3,240 44,100 SH
LABORATORY CORP AMER HLDGS COM NEW 50540R409 33,609 457,450 SH
LAM RESEARCH CORP COM 512807108 1,883 37,200 SH
LAM RESEARCH CORP COM 512807108 19,597 387,100 SH
LAMAR ADVERTISING CO CL A 512815101 3,043 46,550 SH
LAMAR ADVERTISING CO CL A 512815101 31,676 484,600 SH
LAS VEGAS SANDS CORP COM 517834107 34,536 385,965 SH
LAS VEGAS SANDS CORP COM 517834107 6,886 76,960 SH
LAS VEGAS SANDS CORP COM 517834107 180,659 2,018,991 SH
LAWSON SOFTWARE INC NEW COM 52078P102 5,305 718,300 SH
LAWSON SOFTWARE INC NEW COM 52078P102 43,517 5,892,600 SH
LEGG MASON INC COM 524901105 304 3,200 SH
LEHMAN BROS HLDGS INC COM 524908100 17 218 SH
LILLY ELI & CO COM 532457108 6,751 129,580 SH
LINEAR TECHNOLOGY CORP COM 535678106 1,063 35,050 SH
LINEAR TECHNOLOGY CORP COM 535678106 11,087 365,500 SH
LIVE NATION INC COM 538034109 4 187 SH
LOCKHEED MARTIN CORP COM 539830109 10,505 114,100 SH
LOCKHEED MARTIN CORP COM 539830109 129,393 1,405,379 SH
LOEWS CORP CAROLINA GRP STK 540424207 6,483 100,168 SH
ITEM 1 ITEM 6 ITEM 7 ITEM 8
MANAGERS VOTING AUTHORITY
INVESTMENT SEE (SHARES)
NAME OF ISSUE DISCRETION INSTR V (A) SOLE (B) SHARED (C) NONE
JACOBS ENGR GROUP INC DEL DEFINED 5 219,539
JACOBS ENGR GROUP INC DEL DEFINED 1,2,3 273,903
JANUS CAP GROUP INC DEFINED 1,2,3,4 275
JOHNSON & JOHNSON DEFINED 5 571,087
JOHNSON & JOHNSON DEFINED 1,2,3,4 227,652
JOHNSON & JOHNSON DEFINED 1,2,3 5,627,324
JUNIPER NETWORKS INC DEFINED 1,2,3,4 250
JUNIPER NETWORKS INC DEFINED 1,2,3 69,200
KANSAS CITY SOUTHN INDS INC DEFINED 5 355,000
KANSAS CITY SOUTHN INDS INC DEFINED 1,2,3 2,741,920
KINDER MORGAN INC KANS DEFINED 5 26,881
KINDER MORGAN INC KANS DEFINED 1,2,3 103,008
KINDER MORGAN MANAGEMENT LLC DEFINED 1,2,3,4 30,000
KIRBY CORP DEFINED 1,2,3,4 6,000
KOHLS CORP DEFINED 5 167,800
KOHLS CORP DEFINED 1,2,3,4 75
KOHLS CORP DEFINED 1,2,3 1,501,218
KONGZHONG CORP DEFINED 5 200,000
KYPHON INC DEFINED 5 232,000
KYPHON INC DEFINED 1,2,3 1,193,850
LKQ CORP DEFINED 5 455,600
LKQ CORP DEFINED 1,2,3 2,860,552
LABORATORY CORP AMER HLDGS DEFINED 5 44,100
LABORATORY CORP AMER HLDGS DEFINED 1,2,3 457,450
LAM RESEARCH CORP DEFINED 5 37,200
LAM RESEARCH CORP DEFINED 1,2,3 387,100
LAMAR ADVERTISING CO DEFINED 5 46,550
LAMAR ADVERTISING CO DEFINED 1,2,3 484,600
LAS VEGAS SANDS CORP DEFINED 5 385,965
LAS VEGAS SANDS CORP DEFINED 1,2,3,4 76,960
LAS VEGAS SANDS CORP DEFINED 1,2,3 2,018,991
LAWSON SOFTWARE INC NEW DEFINED 5 718,300
LAWSON SOFTWARE INC NEW DEFINED 1,2,3 5,892,600
LEGG MASON INC DEFINED 1,2,3 3,200
LEHMAN BROS HLDGS INC DEFINED 1,2,3,4 218
LILLY ELI & CO DEFINED 1,2,3,4 129,580
LINEAR TECHNOLOGY CORP DEFINED 5 35,050
LINEAR TECHNOLOGY CORP DEFINED 1,2,3 365,500
LIVE NATION INC DEFINED 1,2,3,4 187
LOCKHEED MARTIN CORP DEFINED 5 114,100
LOCKHEED MARTIN CORP DEFINED 1,2,3 1,405,379
LOEWS CORP DEFINED 5 100,168
13
31-Dec-06
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5
FAIR SHARES/
TITLE OF CUSIP MARKET PRINCIPAL PUT/
NAME OF ISSUE CLASS NUMBER VALUE AMOUNT SH/PRN CALL
LOEWS CORP CAROLINA GRP STK 540424207 27,708 428,114 SH
LONGS DRUG STORES CORP COM 543162101 1,193 28,150 SH
LONGS DRUG STORES CORP COM 543162101 12,441 293,550 SH
LOOPNET INC COM 543524300 23,058 1,540,300 SH
LOWES COS INC COM 548661107 1,972 63,300 SH
LOWES COS INC COM 548661107 27,643 887,407 SH
MBIA INC COM 55262C100 1,205 16,500 SH
MBIA INC COM 55262C100 5,925 81,100 SH
MARATHON OIL CORP COM 565849106 1,124 12,151 SH
MARATHON OIL CORP COM 565849106 5,394 58,316 SH
MARTEK BIOSCIENCES CORP COM 572901106 9,961 426,977 SH
MARTEK BIOSCIENCES CORP COM 572901106 14,510 621,939 SH
MASCO CORP COM 574599106 1,434 48,000 SH
MASCO CORP COM 574599106 7,157 239,600 SH
MASSEY ENERGY CORP COM 576206106 37 1,600 SH
MASSEY ENERGY CORP COM 576206106 3 125 SH
MASSEY ENERGY CORP COM 576206106 745 32,050 SH
MAXXAM INC COM 577913106 29 1,000 SH
MCDONALDS CORP COM 580135101 4,868 109,807 SH
MCDONALDS CORP COM 580135101 33,353 752,372 SH
MCKESSON CORP COM 58155Q103 2,870 56,600 SH
MCKESSON CORP COM 58155Q103 14,277 281,600 SH
MEDECISION INC COM 58406P102 4,963 500,000 SH
MEDTRONIC INC COM 585055106 19,110 357,135 SH
MEDTRONIC INC COM 585055106 10,574 197,616 SH
MEDTRONIC INC COM 585055106 193,761 3,621,019 SH
MELLON FINL CORP COM 58551A108 1,019 24,166 SH
MELLON FINL CORP COM 58551A108 10,657 252,830 SH
MELLON FINL CORP COM 58551A108 3,071 72,856 SH
MERCK & CO INC COM 589331107 480 11,000 SH
MERCK & CO INC COM 589331107 15,260 350,000 SH
MEREDITH CORP COM 589433101 3,959 70,250 SH
MEREDITH CORP COM 589433101 41,614 738,500 SH
MERRILL LYNCH & CO INC COM 590188108 5,735 61,600 SH
MERRILL LYNCH & CO INC COM 590188108 11,394 122,385 SH
MERRILL LYNCH & CO INC COM 590188108 84,673 909,488 SH
MICROS SYS INC COM 594901100 10,802 205,000 SH
MICROS SYS INC COM 594901100 25,320 480,500 SH
MICROSOFT CORP COM 594918104 37,773 1,265,231 SH
MICROSOFT CORP COM 594918104 5,931 198,665 SH
MICROSOFT CORP COM 594918104 395,291 13,240,365 SH
MICROSTRATEGY INC CL A NEW 594972408 21,885 191,836 SH
ITEM 1 ITEM 6 ITEM 7 ITEM 8
MANAGERS VOTING AUTHORITY
INVESTMENT SEE (SHARES)
NAME OF ISSUE DISCRETION INSTR V (A) SOLE (B) SHARED (C) NONE
LOEWS CORP DEFINED 1,2,3 428,114
LONGS DRUG STORES CORP DEFINED 5 28,150
LONGS DRUG STORES CORP DEFINED 1,2,3 293,550
LOOPNET INC DEFINED 1,2,3 1,540,300
LOWES COS INC DEFINED 5 63,300
LOWES COS INC DEFINED 1,2,3 887,407
MBIA INC DEFINED 5 16,500
MBIA INC DEFINED 1,2,3 81,100
MARATHON OIL CORP DEFINED 5 12,151
MARATHON OIL CORP DEFINED 1,2,3 58,316
MARTEK BIOSCIENCES CORP DEFINED 5 426,977
MARTEK BIOSCIENCES CORP DEFINED 1,2,3 621,939
MASCO CORP DEFINED 5 48,000
MASCO CORP DEFINED 1,2,3 239,600
MASSEY ENERGY CORP DEFINED 5 1,600
MASSEY ENERGY CORP DEFINED 1,2,3,4 125
MASSEY ENERGY CORP DEFINED 1,2,3 32,050
MAXXAM INC DEFINED 1,2,3,4 1,000
MCDONALDS CORP DEFINED 5 109,807
MCDONALDS CORP DEFINED 1,2,3 752,372
MCKESSON CORP DEFINED 5 56,600
MCKESSON CORP DEFINED 1,2,3 281,600
MEDECISION INC DEFINED 1,2,3 500,000
MEDTRONIC INC DEFINED 5 357,135
MEDTRONIC INC DEFINED 1,2,3,4 197,616
MEDTRONIC INC DEFINED 1,2,3 3,621,019
MELLON FINL CORP DEFINED 5 24,166
MELLON FINL CORP DEFINED 1,2,3,4 252,830
MELLON FINL CORP DEFINED 1,2,3 72,856
MERCK & CO INC DEFINED 5 11,000
MERCK & CO INC DEFINED 1,2,3 350,000
MEREDITH CORP DEFINED 5 70,250
MEREDITH CORP DEFINED 1,2,3 738,500
MERRILL LYNCH & CO INC DEFINED 5 61,600
MERRILL LYNCH & CO INC DEFINED 1,2,3,4 122,385
MERRILL LYNCH & CO INC DEFINED 1,2,3 909,488
MICROS SYS INC DEFINED 5 205,000
MICROS SYS INC DEFINED 1,2,3 480,500
MICROSOFT CORP DEFINED 5 1,265,231
MICROSOFT CORP DEFINED 1,2,3,4 198,665
MICROSOFT CORP DEFINED 1,2,3 13,240,365
MICROSTRATEGY INC DEFINED 1,2,3 191,836
14
31-Dec-06
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5
FAIR SHARES/
TITLE OF CUSIP MARKET PRINCIPAL PUT/
NAME OF ISSUE CLASS NUMBER VALUE AMOUNT SH/PRN CALL
MICROCHIP TECHNOLOGY INC COM 595017104 21,750 665,438 SH
MICROCHIP TECHNOLOGY INC COM 595017104 8,050 246,295 SH
MICROCHIP TECHNOLOGY INC COM 595017104 182,683 5,589,208 SH
MICRON TECHNOLOGY INC COM 595112103 3,429 245,600 SH
MICRON TECHNOLOGY INC COM 595112103 27,884 1,997,400 SH
MICROSEMI CORP COM 595137100 8,318 423,950 SH
MICROSEMI CORP COM 595137100 12,478 636,000 SH
MINDRAY MEDICAL INTL LTD SPON ADR 602675100 1,196 50,000 SH
MIRANT CORP NEW COM 60467R100 1,850 58,600 SH
MIRANT CORP NEW COM 60467R100 16,817 532,700 SH
MOBILE MINI INC COM 60740F105 5,055 187,900 SH
MOBILE MINI INC COM 60740F105 23,616 877,900 SH
MOLEX INC COM 608554101 351 11,100 SH
MOLEX INC COM 608554101 8,918 282,000 SH
MOLEX INC CL A 608554200 1,736 62,650 SH
MOLEX INC CL A 608554200 17,737 640,200 SH
MONSANTO CO NEW COM 61166W101 69,281 1,318,882 SH
MONSANTO CO NEW COM 61166W101 377,755 7,191,229 SH
MORGAN STANLEY DEAN WITTER&CO COM NEW 617446448 4,186 51,400 SH
MORGAN STANLEY DEAN WITTER&CO COM NEW 617446448 18 225 SH
MORGAN STANLEY DEAN WITTER&CO COM NEW 617446448 20,928 257,000 SH
MOSAIC CO COM 61945A107 6,472 303,000 SH
MOSAIC CO COM 61945A107 21,898 1,025,194 SH
MOTOROLA INC COM 620076109 1,088 52,900 SH
MOTOROLA INC COM 620076109 6,394 311,000 SH
MURPHY OIL CORP COM 626717102 3,112 61,200 SH
MYLAN LABS INC COM 628530107 4 200 SH
NRG ENERGY INC COM NEW 629377508 4,012 71,624 SH
NRG ENERGY INC COM NEW 629377508 38,799 692,721 SH
NYMEX HOLDINGS INC COM 62948N104 2,375 19,150 SH
NYMEX HOLDINGS INC COM 62948N104 16,679 134,500 SH
NACCO INDS INC CL A 629579103 41 300 SH
NATIONAL CITY CORP COM 635405103 1,089 29,800 SH
NATIONAL CITY CORP COM 635405103 5,433 148,600 SH
NATIONAL OILWELL VARCO INC COM 637071101 2,166 35,397 SH
NATIONAL OILWELL VARCO INC COM 637071101 9,602 156,949 SH
NATURAL RESOURCE PARTNERS L COM UNIT L P 63900P103 3,767 65,000 SH
NAVTEQ CORP COM 63936L100 3,661 104,700 SH
NAVTEQ CORP COM 63936L100 29,733 850,250 SH
NETWORK APPLIANCE INC COM 64120L104 3,345 85,150 SH
NETWORK APPLIANCE INC COM 64120L104 34,500 878,300 SH
NEW ORIENTAL ED & TECH GRP I SPON ADR 647581107 2,214 66,000 SH
ITEM 1 ITEM 6 ITEM 7 ITEM 8
MANAGERS VOTING AUTHORITY
INVESTMENT SEE (SHARES)
NAME OF ISSUE DISCRETION INSTR V (A) SOLE (B) SHARED (C) NONE
MICROCHIP TECHNOLOGY INC DEFINED 5 665,438
MICROCHIP TECHNOLOGY INC DEFINED 1,2,3,4 246,295
MICROCHIP TECHNOLOGY INC DEFINED 1,2,3 5,589,208
MICRON TECHNOLOGY INC DEFINED 5 245,600
MICRON TECHNOLOGY INC DEFINED 1,2,3 1,997,400
MICROSEMI CORP DEFINED 5 423,950
MICROSEMI CORP DEFINED 1,2,3 636,000
MINDRAY MEDICAL INTL LTD DEFINED 5 50,000
MIRANT CORP NEW DEFINED 5 58,600
MIRANT CORP NEW DEFINED 1,2,3 532,700
MOBILE MINI INC DEFINED 5 187,900
MOBILE MINI INC DEFINED 1,2,3 877,900
MOLEX INC DEFINED 5 11,100
MOLEX INC DEFINED 1,2,3 282,000
MOLEX INC DEFINED 5 62,650
MOLEX INC DEFINED 1,2,3 640,200
MONSANTO CO NEW DEFINED 5 1,318,882
MONSANTO CO NEW DEFINED 1,2,3 7,191,229
MORGAN STANLEY DEAN WITTER&CO DEFINED 5 51,400
MORGAN STANLEY DEAN WITTER&CO DEFINED 1,2,3,4 225
MORGAN STANLEY DEAN WITTER&CO DEFINED 1,2,3 257,000
MOSAIC CO DEFINED 5 303,000
MOSAIC CO DEFINED 1,2,3 1,025,194
MOTOROLA INC DEFINED 5 52,900
MOTOROLA INC DEFINED 1,2,3 311,000
MURPHY OIL CORP DEFINED 1,2,3,4 61,200
MYLAN LABS INC DEFINED 1,2,3,4 200
NRG ENERGY INC DEFINED 5 71,624
NRG ENERGY INC DEFINED 1,2,3 692,721
NYMEX HOLDINGS INC DEFINED 5 19,150
NYMEX HOLDINGS INC DEFINED 1,2,3 134,500
NACCO INDS INC DEFINED 1,2,3,4 300
NATIONAL CITY CORP DEFINED 5 29,800
NATIONAL CITY CORP DEFINED 1,2,3 148,600
NATIONAL OILWELL VARCO INC DEFINED 5 35,397
NATIONAL OILWELL VARCO INC DEFINED 1,2,3 156,949
NATURAL RESOURCE PARTNERS L DEFINED 1,2,3,4 65,000
NAVTEQ CORP DEFINED 5 104,700
NAVTEQ CORP DEFINED 1,2,3 850,250
NETWORK APPLIANCE INC DEFINED 5 85,150
NETWORK APPLIANCE INC DEFINED 1,2,3 878,300
NEW ORIENTAL ED & TECH GRP I DEFINED 5 66,000
15
31-Dec-06
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5
FAIR SHARES/
TITLE OF CUSIP MARKET PRINCIPAL PUT/
NAME OF ISSUE CLASS NUMBER VALUE AMOUNT SH/PRN CALL
NEWFIELD EXPL CO COM 651290108 18,617 405,150 SH
NEWFIELD EXPL CO COM 651290108 2,965 64,520 SH
NEWFIELD EXPL CO COM 651290108 72,152 1,570,234 SH
NEWMONT MINING CORP COM 651639106 1,212 26,850 SH
NEWS CORP CL A 65248E104 1,989 92,600 SH
NEWS CORP CL A 65248E104 20,316 945,800 SH
NEWS CORP CL B 65248E203 3,924 176,300 SH
NEWS CORP CL B 65248E203 55,026 2,471,967 SH
NIKE INC CL B 654106103 228 2,300 SH
NIGHTHAWK RADIOLOGY HLDGS IN COM 65411N105 4,544 178,400 SH
NIGHTHAWK RADIOLOGY HLDGS IN COM 65411N105 37,283 1,463,800 SH
NISOURCE INC COM 65473P105 12 500 SH
NOKIA CORP SPONSORED ADR 654902204 3,693 181,760 SH
NOKIA CORP SPONSORED ADR 654902204 6,541 321,875 SH
NOKIA CORP SPONSORED ADR 654902204 23,533 1,158,100 SH
NOBLE ENERGY INC COM 655044105 16,251 331,175 SH
NOBLE ENERGY INC COM 655044105 138,917 2,831,000 SH
NORDSTROM INC COM 655664100 1,493 30,250 SH
NORDSTROM INC COM 655664100 15,505 314,250 SH
NORFOLK SOUTHERN CORP COM 655844108 15,087 300,000 SH
NORTEL NETWORKS CORP NEW COM NEW 656568508 1,979 74,020 SH
NORTHERN TR CORP COM 665859104 5,026 82,850 SH
NORTHERN TR CORP COM 665859104 4,395 72,445 SH
NORTHERN TR CORP COM 665859104 54,424 897,200 SH
NOVARTIS A G SPONSORED ADR 66987V109 5,538 96,410 SH
NOVARTIS A G SPONSORED ADR 66987V109 35,238 613,474 SH
NOVELLUS SYS INC COM 670008101 9 275 SH
NSTAR COM 67019E107 137 4,000 SH
NUVASIVE INC COM 670704105 6,388 276,700 SH
OGE ENERGE CORP COM 670837103 200 5,000 SH
OCCIDENTAL PETE CORP DEL COM 674599105 126 2,575 SH
OCCIDENTAL PETE CORP DEL COM 674599105 2,542 52,050 SH
OCEANEERING INTL INC COM 675232102 5,832 146,900 SH
OCEANEERING INTL INC COM 675232102 16,079 405,000 SH
OMNICOM GROUP INC COM 681919106 5 50 SH
ONEOK INC NEW COM 682680103 65 1,500 SH
O REILLY AUTOMOTIVE INC COM 686091109 54,107 1,688,192 SH
P F CHANGS CHINA BISTRO INC COM 69333Y108 6,219 162,100 SH
P F CHANGS CHINA BISTRO INC COM 69333Y108 28,440 741,300 SH
PNC FINL SVCS GROUP INC COM 693475105 5,710 77,115 SH
PPL CORP COM 69351T106 430 12,000 SH
PSS WORLD MED INC COM 69366A100 11,587 592,700 SH
ITEM 1 ITEM 6 ITEM 7 ITEM 8
MANAGERS VOTING AUTHORITY
INVESTMENT SEE (SHARES)
NAME OF ISSUE DISCRETION INSTR V (A) SOLE (B) SHARED (C) NONE
NEWFIELD EXPL CO DEFINED 5 405,150
NEWFIELD EXPL CO DEFINED 1,2,3,4 64,520
NEWFIELD EXPL CO DEFINED 1,2,3 1,570,234
NEWMONT MINING CORP DEFINED 1,2,3 26,850
NEWS CORP DEFINED 5 92,600
NEWS CORP DEFINED 1,2,3 945,800
NEWS CORP DEFINED 5 176,300
NEWS CORP DEFINED 1,2,3 2,471,967
NIKE INC DEFINED 1,2,3,4 2,300
NIGHTHAWK RADIOLOGY HLDGS IN DEFINED 5 178,400
NIGHTHAWK RADIOLOGY HLDGS IN DEFINED 1,2,3 1,463,800
NISOURCE INC DEFINED 1,2,3,4 500
NOKIA CORP DEFINED 5 181,760
NOKIA CORP DEFINED 1,2,3,4 321,875
NOKIA CORP DEFINED 1,2,3 1,158,100
NOBLE ENERGY INC DEFINED 5 331,175
NOBLE ENERGY INC DEFINED 1,2,3 2,831,000
NORDSTROM INC DEFINED 5 30,250
NORDSTROM INC DEFINED 1,2,3 314,250
NORFOLK SOUTHERN CORP DEFINED 1,2,3 300,000
NORTEL NETWORKS CORP NEW DEFINED 5 74,020
NORTHERN TR CORP DEFINED 5 82,850
NORTHERN TR CORP DEFINED 1,2,3,4 72,445
NORTHERN TR CORP DEFINED 1,2,3 897,200
NOVARTIS A G DEFINED 5 96,410
NOVARTIS A G DEFINED 1,2,3 613,474
NOVELLUS SYS INC DEFINED 1,2,3,4 275
NSTAR DEFINED 1,2,3,4 4,000
NUVASIVE INC DEFINED 1,2,3 276,700
OGE ENERGE CORP DEFINED 1,2,3,4 5,000
OCCIDENTAL PETE CORP DEL DEFINED 5 2,575
OCCIDENTAL PETE CORP DEL DEFINED 1,2,3 52,050
OCEANEERING INTL INC DEFINED 5 146,900
OCEANEERING INTL INC DEFINED 1,2,3 405,000
OMNICOM GROUP INC DEFINED 1,2,3,4 50
ONEOK INC NEW DEFINED 1,2,3,4 1,500
O REILLY AUTOMOTIVE INC DEFINED 1,2,3 1,688,192
P F CHANGS CHINA BISTRO INC DEFINED 5 162,100
P F CHANGS CHINA BISTRO INC DEFINED 1,2,3 741,300
PNC FINL SVCS GROUP INC DEFINED 1,2,3,4 77,115
PPL CORP DEFINED 1,2,3,4 12,000
PSS WORLD MED INC DEFINED 5 592,700
16
31-Dec-06
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5
FAIR SHARES/
TITLE OF CUSIP MARKET PRINCIPAL PUT/
NAME OF ISSUE CLASS NUMBER VALUE AMOUNT SH/PRN CALL
PSS WORLD MED INC COM 69366A100 40,138 2,053,100 SH
PANERA BREAD CO CL A 69840W108 4,446 79,484 SH
PANERA BREAD CO CL A 69840W108 57,171 1,022,100 SH
PATTERSON UTI ENERGY INC COM 703481101 232 10,000 SH
PATTERSON UTI ENERGY INC COM 703481101 27,882 1,200,000 SH
PAYCHEX INC COM 704326107 20,445 517,400 SH
PAYCHEX INC COM 704326107 175,439 4,439,797 SH
PEABODY ENERGY CORP COM 704549104 19,544 483,650 SH
PEABODY ENERGY CORP COM 704549104 24,932 616,988 SH
PENTAIR INC COM 709631105 6,283 200,100 SH
PENTAIR INC COM 709631105 8,402 267,566 SH
PEPSICO INC COM 713448108 33,700 538,766 SH
PEPSICO INC COM 713448108 16,940 270,816 SH
PEPSICO INC COM 713448108 324,547 5,188,598 SH
PER-SE TECHNOLOGIES INC COM NEW 713569309 12,393 446,200 SH
PER-SE TECHNOLOGIES INC COM NEW 713569309 18,595 669,500 SH
PETROCHINA CO LTD SPONSORED ADR 71646E100 42 300 SH
PETROCHINA CO LTD SPONSORED ADR 71646E100 852 6,050 SH
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 2,876 27,925 SH
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 695 6,750 SH
PFIZER INC COM 717081103 15,298 590,659 SH
PFIZER INC COM 717081103 12,263 473,491 SH
PFIZER INC COM 717081103 158,645 6,125,284 SH
PHELPS DODGE CORP COM 717265102 1,640 13,700 SH
PHELPS DODGE CORP COM 717265102 18,047 150,740 SH
PIEDMONT NAT GAS INC COM 720186105 32 1,200 SH
PINNACLE ENTMT INC COM 723456109 232 7,000 SH
PINNACLE ENTMT INC COM 723456109 3,828 115,500 SH
PITNEY BOWES INC COM 724479100 1,007 21,800 SH
PITNEY BOWES INC COM 724479100 12,143 262,900 SH
PORTFOLIO RECOVERY ASSOCS IN COM 73640Q105 10,944 234,500 SH
PORTFOLIO RECOVERY ASSOCS IN COM 73640Q105 16,498 353,500 SH
POWER-ONE INC COM 739308104 3,777 519,600 SH
POWER-ONE INC COM 739308104 30,979 4,261,200 SH
PRECISION CASTPARTS CORP COM 740189105 705 9,000 SH
PRECISION CASTPARTS CORP COM 740189105 28,964 370,000 SH
PROCTER & GAMBLE CO COM 742718109 37,446 582,634 SH
PROCTER & GAMBLE CO COM 742718109 11,799 183,578 SH
PROCTER & GAMBLE CO COM 742718109 369,230 5,744,980 SH
PROGRESS ENERGY INC COM 743263105 241 4,918 SH
PROLOGIS TR SH BEN INT 743410102 1,978 32,548 SH
PROLOGIS TR SH BEN INT 743410102 3,269 53,788 SH
ITEM 1 ITEM 6 ITEM 7 ITEM 8
MANAGERS VOTING AUTHORITY
INVESTMENT SEE (SHARES)
NAME OF ISSUE DISCRETION INSTR V (A) SOLE (B) SHARED (C) NONE
PSS WORLD MED INC DEFINED 1,2,3 2,053,100
PANERA BREAD CO DEFINED 5 79,484
PANERA BREAD CO DEFINED 1,2,3 1,022,100
PATTERSON UTI ENERGY INC DEFINED 5 10,000
PATTERSON UTI ENERGY INC DEFINED 1,2,3 1,200,000
PAYCHEX INC DEFINED 5 517,400
PAYCHEX INC DEFINED 1,2,3 4,439,797
PEABODY ENERGY CORP DEFINED 5 483,650
PEABODY ENERGY CORP DEFINED 1,2,3 616,988
PENTAIR INC DEFINED 5 200,100
PENTAIR INC DEFINED 1,2,3 267,566
PEPSICO INC DEFINED 5 538,766
PEPSICO INC DEFINED 1,2,3,4 270,816
PEPSICO INC DEFINED 1,2,3 5,188,598
PER-SE TECHNOLOGIES INC DEFINED 5 446,200
PER-SE TECHNOLOGIES INC DEFINED 1,2,3 669,500
PETROCHINA CO LTD DEFINED 5 300
PETROCHINA CO LTD DEFINED 1,2,3 6,050
PETROLEO BRASILEIRO SA PETRO DEFINED 5 27,925
PETROLEO BRASILEIRO SA PETRO DEFINED 1,2,3 6,750
PFIZER INC DEFINED 5 590,659
PFIZER INC DEFINED 1,2,3,4 473,491
PFIZER INC DEFINED 1,2,3 6,125,284
PHELPS DODGE CORP DEFINED 5 13,700
PHELPS DODGE CORP DEFINED 1,2,3 150,740
PIEDMONT NAT GAS INC DEFINED 1,2,3,4 1,200
PINNACLE ENTMT INC DEFINED 5 7,000
PINNACLE ENTMT INC DEFINED 1,2,3 115,500
PITNEY BOWES INC DEFINED 5 21,800
PITNEY BOWES INC DEFINED 1,2,3 262,900
PORTFOLIO RECOVERY ASSOCS IN DEFINED 5 234,500
PORTFOLIO RECOVERY ASSOCS IN DEFINED 1,2,3 353,500
POWER-ONE INC DEFINED 5 519,600
POWER-ONE INC DEFINED 1,2,3 4,261,200
PRECISION CASTPARTS CORP DEFINED 5 9,000
PRECISION CASTPARTS CORP DEFINED 1,2,3 370,000
PROCTER & GAMBLE CO DEFINED 5 582,634
PROCTER & GAMBLE CO DEFINED 1,2,3,4 183,578
PROCTER & GAMBLE CO DEFINED 1,2,3 5,744,980
PROGRESS ENERGY INC DEFINED 1,2,3,4 4,918
PROLOGIS TR DEFINED 5 32,548
PROLOGIS TR DEFINED 1,2,3,4 53,788
17
31-Dec-06
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5
FAIR SHARES/
TITLE OF CUSIP MARKET PRINCIPAL PUT/
NAME OF ISSUE CLASS NUMBER VALUE AMOUNT SH/PRN CALL
PROLOGIS TR SH BEN INT 743410102 5,969 98,229 SH
PRUDENTIAL FINL INC COM 744320102 10,398 121,100 SH
PRUDENTIAL FINL INC COM 744320102 151,412 1,763,475 SH
QUALCOMM INC COM 747525103 8,264 218,775 SH
QUALCOMM INC COM 747525103 10,329 273,435 SH
QUALCOMM INC COM 747525103 80,955 2,143,076 SH
QUEST DIAGNOSTICS INC COM 74834L100 345 6,500 SH
QUEST DIAGNOSTICS INC COM 74834L100 11,925 225,000 SH
RACKABLE SYS INC COM 750077109 7,753 250,500 SH
RACKABLE SYS INC COM 750077109 56,329 1,820,000 SH
RADIAN GROUP INC COM 750236101 5 100 SH
RAYTHEON CO *W EXP 06/16/201 755111119 19 1,056 SH
RAYTHEON CO *W EXP 06/16/201 755111119 159 8,874 SH
RAYTHEON CO COM NEW 755111507 5,185 98,200 SH
RAYTHEON CO COM NEW 755111507 22,828 432,355 SH
REALOGY CORP COM 75605E100 0 0 SH
RED HAT INC COM 756577102 11,765 511,500 SH
RED HAT INC COM 756577102 39,806 1,730,700 SH
REDDY ICE HLDGS INC COM 75734R105 682 26,400 SH
RELIANT ENERGY INC COM 75952B105 2,211 155,577 SH
REPUBLIC SVCS INC COM 760759100 1,344 33,050 SH
REPUBLIC SVCS INC COM 760759100 13,807 339,500 SH
RESEARCH IN MOTION LTD COM 760975102 67,611 528,809 SH
RESEARCH IN MOTION LTD COM 760975102 401,845 3,142,971 SH
RESOURCES CONNECTION INC COM 76122Q105 13,567 425,980 SH
RESOURCES CONNECTION INC COM 76122Q105 20,534 644,718 SH
REYNOLDS AMERICAN INC COM 761713106 2,538 38,770 SH
REYNOLDS AMERICAN INC COM 761713106 7,668 117,122 SH
RIO TINTO PLC SPONSORED ADR 767204100 977 4,600 SH
RIO TINTO PLC SPONSORED ADR 767204100 9,323 43,874 SH
ROBERT HALF INTL INC COM 770323103 0 10 SH
ROBERT HALF INTL INC COM 770323103 1 15 SH
ROCKWELL AUTOMATION INC COM 773903109 16,263 266,250 SH
ROCKWELL COLLINS INC COM 774341101 22,152 350,000 SH
ROWAN COS INC COM 779382100 33 1,000 SH
ROWAN COS INC COM 779382100 6,222 187,400 SH
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 28 400 SH
SAIC INC COM 78390X101 356 20,000 SH
SAIC INC COM 78390X101 12,008 675,000 SH
SLM CORP COM 78442P106 22,474 460,811 SH
SLM CORP COM 78442P106 12,866 263,800 SH
SLM CORP COM 78442P106 234,266 4,803,480 SH
ITEM 1 ITEM 6 ITEM 7 ITEM 8
MANAGERS VOTING AUTHORITY
INVESTMENT SEE (SHARES)
NAME OF ISSUE DISCRETION INSTR V (A) SOLE (B) SHARED (C) NONE
PROLOGIS TR DEFINED 1,2,3 98,229
PRUDENTIAL FINL INC DEFINED 5 121,100
PRUDENTIAL FINL INC DEFINED 1,2,3 1,763,475
QUALCOMM INC DEFINED 5 218,775
QUALCOMM INC DEFINED 1,2,3,4 273,435
QUALCOMM INC DEFINED 1,2,3 2,143,076
QUEST DIAGNOSTICS INC DEFINED 5 6,500
QUEST DIAGNOSTICS INC DEFINED 1,2,3 225,000
RACKABLE SYS INC DEFINED 5 250,500
RACKABLE SYS INC DEFINED 1,2,3 1,820,000
RADIAN GROUP INC DEFINED 1,2,3,4 100
RAYTHEON CO DEFINED 1,2,3,4 1,056
RAYTHEON CO DEFINED 1,2,3 8,874
RAYTHEON CO DEFINED 5 98,200
RAYTHEON CO DEFINED 1,2,3 432,355
REALOGY CORP DEFINED 5 0
RED HAT INC DEFINED 5 511,500
RED HAT INC DEFINED 1,2,3 1,730,700
REDDY ICE HLDGS INC DEFINED 1,2,3 26,400
RELIANT ENERGY INC DEFINED 1,2,3,4 155,577
REPUBLIC SVCS INC DEFINED 5 33,050
REPUBLIC SVCS INC DEFINED 1,2,3 339,500
RESEARCH IN MOTION LTD DEFINED 5 528,809
RESEARCH IN MOTION LTD DEFINED 1,2,3 3,142,971
RESOURCES CONNECTION INC DEFINED 5 425,980
RESOURCES CONNECTION INC DEFINED 1,2,3 644,718
REYNOLDS AMERICAN INC DEFINED 5 38,770
REYNOLDS AMERICAN INC DEFINED 1,2,3 117,122
RIO TINTO PLC DEFINED 5 4,600
RIO TINTO PLC DEFINED 1,2,3 43,874
ROBERT HALF INTL INC DEFINED 5 10
ROBERT HALF INTL INC DEFINED 1,2,3 15
ROCKWELL AUTOMATION INC DEFINED 1,2,3 266,250
ROCKWELL COLLINS INC DEFINED 1,2,3 350,000
ROWAN COS INC DEFINED 1,2,3,4 1,000
ROWAN COS INC DEFINED 1,2,3 187,400
ROYAL DUTCH SHELL PLC DEFINED 1,2,3,4 400
SAIC INC DEFINED 5 20,000
SAIC INC DEFINED 1,2,3 675,000
SLM CORP DEFINED 5 460,811
SLM CORP DEFINED 1,2,3,4 263,800
SLM CORP DEFINED 1,2,3 4,803,480
18
31-Dec-06
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5
FAIR SHARES/
TITLE OF CUSIP MARKET PRINCIPAL PUT/
NAME OF ISSUE CLASS NUMBER VALUE AMOUNT SH/PRN CALL
ST JUDE MED INC COM 790849103 512 14,000 SH
ST JUDE MED INC COM 790849103 20,108 550,000 SH
ST PAUL TRAVELERS INC COM 792860108 7,502 139,731 SH
ST PAUL TRAVELERS INC COM 792860108 1 16 SH
ST PAUL TRAVELERS INC COM 792860108 54,400 1,013,227 SH
SANDISK CORP COM 80004C101 2,830 65,800 SH
SANDISK CORP COM 80004C101 27,249 633,550 SH
SAP AKTIENGESELLSCHAFT SPONSORED ADR 803054204 14,998 282,446 SH
SAP AKTIENGESELLSCHAFT SPONSORED ADR 803054204 121,135 2,281,264 SH
SARA LEE CORP COM 803111103 9 500 SH
SCHEIN HENRY INC COM 806407102 4,276 87,350 SH
SCHEIN HENRY INC COM 806407102 60,874 1,243,600 SH
SCHERING PLOUGH CORP COM 806605101 8,809 372,650 SH
SCHERING PLOUGH CORP COM 806605101 105,763 4,473,916 SH
SCHLUMBERGER LTD COM 806857108 63,485 1,005,144 SH
SCHLUMBERGER LTD COM 806857108 5,223 82,690 SH
SCHLUMBERGER LTD COM 806857108 346,886 5,492,177 SH
SCHWAB CHARLES CORP NEW COM 808513105 6,401 331,300 SH
SCHWAB CHARLES CORP NEW COM 808513105 89,779 4,646,936 SH
SCIENTIFIC GAMES CORP CL A 80874P109 23,933 792,100 SH
SCIENTIFIC GAMES CORP CL A 80874P109 85,099 2,816,450 SH
SCOTTISH PWR PLC SP ADR FNL NEW 81013T804 175 2,989 SH
SCOTTS MIRACLE GRO CO CL A 810186106 10,847 210,000 SH
SEPRACOR INC COM 817315104 492 8,000 SH
SEPRACOR INC COM 817315104 1,428 23,200 SH
SHANDA INTERACTIVE ENTMT LTD SPONSORED ADR 81941Q203 2,165 100,000 SH
SHAW GROUP INC COM 820280105 59 1,775 SH
SHAW GROUP INC COM 820280105 1,198 35,750 SH
SHIRE PLC SPONSORED ADR 82481R106 587 9,500 SH
SHIRE PLC SPONSORED ADR 82481R106 6,025 97,500 SH
SHUFFLE MASTER INC COM 825549108 17,086 652,500 SH
SHUFFLE MASTER INC COM 825549108 64,439 2,460,900 SH
SIMON PPTY GROUP INC NEW COM 828806109 3,187 31,465 SH
SIMON PPTY GROUP INC NEW COM 828806109 9,616 94,936 SH
SIRF TECHNOLOGY HLDGS INC COM 82967H101 2,142 84,000 SH
SIRF TECHNOLOGY HLDGS INC COM 82967H101 17,613 690,700 SH
SMITH INTL INC COM 832110100 41,823 1,018,344 SH
SMITH INTL INC COM 832110100 41 1,000 SH
SMITH INTL INC COM 832110100 322,039 7,841,215 SH
SONIC SOLUTIONS COM 835460106 6,696 411,200 SH
SONIC SOLUTIONS COM 835460106 10,064 618,000 SH
SOTHEBYS HLDGS INC CL A 835898107 1,380 44,500 SH
ITEM 1 ITEM 6 ITEM 7 ITEM 8
MANAGERS VOTING AUTHORITY
INVESTMENT SEE (SHARES)
NAME OF ISSUE DISCRETION INSTR V (A) SOLE (B) SHARED (C) NONE
ST JUDE MED INC DEFINED 5 14,000
ST JUDE MED INC DEFINED 1,2,3 550,000
ST PAUL TRAVELERS INC DEFINED 5 139,731
ST PAUL TRAVELERS INC DEFINED 1,2,3,4 16
ST PAUL TRAVELERS INC DEFINED 1,2,3 1,013,227
SANDISK CORP DEFINED 5 65,800
SANDISK CORP DEFINED 1,2,3 633,550
SAP AKTIENGESELLSCHAFT DEFINED 5 282,446
SAP AKTIENGESELLSCHAFT DEFINED 1,2,3 2,281,264
SARA LEE CORP DEFINED 1,2,3,4 500
SCHEIN HENRY INC DEFINED 5 87,350
SCHEIN HENRY INC DEFINED 1,2,3 1,243,600
SCHERING PLOUGH CORP DEFINED 5 372,650
SCHERING PLOUGH CORP DEFINED 1,2,3 4,473,916
SCHLUMBERGER LTD DEFINED 5 1,005,144
SCHLUMBERGER LTD DEFINED 1,2,3,4 82,690
SCHLUMBERGER LTD DEFINED 1,2,3 5,492,177
SCHWAB CHARLES CORP NEW DEFINED 5 331,300
SCHWAB CHARLES CORP NEW DEFINED 1,2,3 4,646,936
SCIENTIFIC GAMES CORP DEFINED 5 792,100
SCIENTIFIC GAMES CORP DEFINED 1,2,3 2,816,450
SCOTTISH PWR PLC DEFINED 1,2,3,4 2,989
SCOTTS MIRACLE GRO CO DEFINED 1,2,3 210,000
SEPRACOR INC DEFINED 5 8,000
SEPRACOR INC DEFINED 1,2,3 23,200
SHANDA INTERACTIVE ENTMT LTD DEFINED 5 100,000
SHAW GROUP INC DEFINED 5 1,775
SHAW GROUP INC DEFINED 1,2,3 35,750
SHIRE PLC DEFINED 5 9,500
SHIRE PLC DEFINED 1,2,3 97,500
SHUFFLE MASTER INC DEFINED 5 652,500
SHUFFLE MASTER INC DEFINED 1,2,3 2,460,900
SIMON PPTY GROUP INC NEW DEFINED 5 31,465
SIMON PPTY GROUP INC NEW DEFINED 1,2,3 94,936
SIRF TECHNOLOGY HLDGS INC DEFINED 5 84,000
SIRF TECHNOLOGY HLDGS INC DEFINED 1,2,3 690,700
SMITH INTL INC DEFINED 5 1,018,344
SMITH INTL INC DEFINED 1,2,3,4 1,000
SMITH INTL INC DEFINED 1,2,3 7,841,215
SONIC SOLUTIONS DEFINED 5 411,200
SONIC SOLUTIONS DEFINED 1,2,3 618,000
SOTHEBYS HLDGS INC DEFINED 1,2,3 44,500
19
31-Dec-06
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5
FAIR SHARES/
TITLE OF CUSIP MARKET PRINCIPAL PUT/
NAME OF ISSUE CLASS NUMBER VALUE AMOUNT SH/PRN CALL
SOUTHERN CO COM 842587107 766 20,785 SH
SOUTHERN COPPER CORP COM 84265V105 5,486 101,800 SH
SOUTHERN COPPER CORP COM 84265V105 7,447 138,194 SH
SOUTHWEST AIRLS CO COM 844741108 1,659 108,300 SH
SOUTHWEST AIRLS CO COM 844741108 220 14,392 SH
SOUTHWEST AIRLS CO COM 844741108 37,402 2,441,400 SH
SOUTHWESTERN ENERGY CO COM 845467109 58 1,650 SH
SOUTHWESTERN ENERGY CO COM 845467109 9,560 272,750 SH
SPIRIT AEROSYSTEMS HLDGS INC COM CL A 848574109 305 9,100 SH
SPRINT NEXTEL CORP COM FON 852061100 7 375 SH
STAMPS COM INC COM NEW 852857200 21,707 1,379,100 SH
STARWOOD HOTELS&RESORTS WRLD COM 85590A401 3,689 59,029 SH
STARWOOD HOTELS&RESORTS WRLD COM 85590A401 13,013 208,200 SH
STATE STR CORP COM 857477103 5,191 76,970 SH
STATOIL ASA SPONSORED ADR 85771P102 51 1,950 SH
STATOIL ASA SPONSORED ADR 85771P102 1,026 39,000 SH
STERICYCLE INC COM 858912108 3,495 46,250 SH
STERICYCLE INC COM 858912108 39,349 520,760 SH
STREETTRACKS GOLD TR GOLD SHS 863307104 37,547 593,903 SH
STREETTRACKS GOLD TR GOLD SHS 863307104 41,777 660,812 SH
STRYKER CORP COM 863667101 309 5,600 SH
STRYKER CORP COM 863667101 7,481 135,750 SH
SUN MICROSYSTEMS INC COM 866810104 1,992 367,800 SH
SUN MICROSYSTEMS INC COM 866810104 20,582 3,800,900 SH
SUNCOR ENERGY INC COM 867229106 61 775 SH
SUNCOR ENERGY INC COM 867229106 1,259 15,950 SH
SUNOCO INC COM 86764P109 75 1,200 SH
SUNOCO INC COM 86764P109 1,515 24,300 SH
SUNPOWER CORP COM CL A 867652109 51 1,375 SH
SUNPOWER CORP COM CL A 867652109 1,028 27,700 SH
SUNTECH PWR HLDGS CO LTD ADR 86800C104 11,373 334,400 SH
SUNTECH PWR HLDGS CO LTD ADR 86800C104 15,607 458,900 SH
SUPERIOR WELL SVCS INC COM 86837X105 1,581 62,000 SH
SYMANTEC CORP COM 871503108 2,485 119,400 SH
QUINTANA MARITIME LTD SHS Y7169G109 36,052 1,732,000 SH
SYMBOL TECHNOLOGIES INC COM 871508107 17,294 1,157,560 SH
SYMBOL TECHNOLOGIES INC COM 871508107 142,173 9,516,283 SH
SYNAPTICS INC COM 87157D109 4,920 165,700 SH
SYNAPTICS INC COM 87157D109 40,439 1,361,800 SH
SYNOVUS FINL CORP COM 87161C105 3,821 123,950 SH
SYNOVUS FINL CORP COM 87161C105 39,792 1,290,700 SH
SYSCO CORP COM 871829107 29 800 SH
ITEM 1 ITEM 6 ITEM 7 ITEM 8
MANAGERS VOTING AUTHORITY
INVESTMENT SEE (SHARES)
NAME OF ISSUE DISCRETION INSTR V (A) SOLE (B) SHARED (C) NONE
SOUTHERN CO DEFINED 1,2,3,4 20,785
SOUTHERN COPPER CORP DEFINED 5 101,800
SOUTHERN COPPER CORP DEFINED 1,2,3 138,194
SOUTHWEST AIRLS CO DEFINED 5 108,300
SOUTHWEST AIRLS CO DEFINED 1,2,3,4 14,392
SOUTHWEST AIRLS CO DEFINED 1,2,3 2,441,400
SOUTHWESTERN ENERGY CO DEFINED 5 1,650
SOUTHWESTERN ENERGY CO DEFINED 1,2,3 272,750
SPIRIT AEROSYSTEMS HLDGS INC DEFINED 1,2,3 9,100
SPRINT NEXTEL CORP DEFINED 1,2,3,4 375
STAMPS COM INC DEFINED 1,2,3 1,379,100
STARWOOD HOTELS&RESORTS WRLD DEFINED 5 59,029
STARWOOD HOTELS&RESORTS WRLD DEFINED 1,2,3 208,200
STATE STR CORP DEFINED 1,2,3,4 76,970
STATOIL ASA DEFINED 5 1,950
STATOIL ASA DEFINED 1,2,3 39,000
STERICYCLE INC DEFINED 5 46,250
STERICYCLE INC DEFINED 1,2,3 520,760
STREETTRACKS GOLD TR DEFINED 5 593,903
STREETTRACKS GOLD TR DEFINED 1,2,3 660,812
STRYKER CORP DEFINED 1,2,3,4 5,600
STRYKER CORP DEFINED 1,2,3 135,750
SUN MICROSYSTEMS INC DEFINED 5 367,800
SUN MICROSYSTEMS INC DEFINED 1,2,3 3,800,900
SUNCOR ENERGY INC DEFINED 5 775
SUNCOR ENERGY INC DEFINED 1,2,3 15,950
SUNOCO INC DEFINED 5 1,200
SUNOCO INC DEFINED 1,2,3 24,300
SUNPOWER CORP DEFINED 5 1,375
SUNPOWER CORP DEFINED 1,2,3 27,700
SUNTECH PWR HLDGS CO LTD DEFINED 5 334,400
SUNTECH PWR HLDGS CO LTD DEFINED 1,2,3 458,900
SUPERIOR WELL SVCS INC DEFINED 1,2,3 62,000
SYMANTEC CORP DEFINED 5 119,400
QUINTANA MARITIME LTD DEFINED 1,2,3 1,732,000
SYMBOL TECHNOLOGIES INC DEFINED 5 1,157,560
SYMBOL TECHNOLOGIES INC DEFINED 1,2,3 9,516,283
SYNAPTICS INC DEFINED 5 165,700
SYNAPTICS INC DEFINED 1,2,3 1,361,800
SYNOVUS FINL CORP DEFINED 5 123,950
SYNOVUS FINL CORP DEFINED 1,2,3 1,290,700
SYSCO CORP DEFINED 1,2,3,4 800
20
31-Dec-06
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5
FAIR SHARES/
TITLE OF CUSIP MARKET PRINCIPAL PUT/
NAME OF ISSUE CLASS NUMBER VALUE AMOUNT SH/PRN CALL
TD AMERITRADE HLDG CORP COM 87236Y108 2,027 125,450 SH
TD AMERITRADE HLDG CORP COM 87236Y108 21,058 1,303,100 SH
TECO ENERGY INC COM 872375100 9 500 SH
THQ INC COM NEW 872443403 8,964 275,700 SH
TXU CORP COM 873168108 651 12,000 SH
TAKE-TWO INTERACTIVE SOFTWARE COM 874054109 2,641 148,514 SH
TALISMAN ENERGY INC COM 87425E103 116 6,800 SH
TALISMAN ENERGY INC COM 87425E103 2,319 136,500 SH
TARGET CORP COM 87612E106 4,145 72,650 SH
TARGET CORP COM 87612E106 41,064 719,785 SH
TECHNIP NEW SPONSORED ADR 878546209 67 975 SH
TECHNIP NEW SPONSORED ADR 878546209 1,365 19,900 SH
TECHNOLOGY INVT CAP CORP COM 878717305 15 918 SH
TECHNOLOGY INVT CAP CORP COM 878717305 121 7,542 SH
TELEFONOS DE MEXICO S A SPON ADR ORD L 879403780 205 7,266 SH
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 373 12,000 SH
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 2 75 SH
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 15,528 500,000 SH
TETRA TECHNOLOGIES INC DEL COM 88162F105 5,768 225,500 SH
TETRA TECH INC NEW COM 88162G103 10,759 594,900 SH
TETRA TECH INC NEW COM 88162G103 24,905 1,377,100 SH
TEXAS INSTRS INC COM 882508104 1,051 36,500 SH
TEXAS INSTRS INC COM 882508104 12,925 448,800 SH
3M CO COM 88579Y101 2,100 26,951 SH
3M CO COM 88579Y101 4,700 60,308 SH
TIME WARNER INC COM 887317105 1,026 47,100 SH
TIME WARNER INC COM 887317105 9,318 427,839 SH
TIME WARNER INC COM 887317105 12,783 586,900 SH
TODCO CL A 88889T107 89 2,600 SH
TODCO CL A 88889T107 1,789 52,350 SH
TOTAL S A SPONSORED ADR 89151E109 32 450 SH
TOTAL S A SPONSORED ADR 89151E109 669 9,300 SH
TRANSACTION SYS ARCHITECTS CL A 893416107 9,059 278,400 SH
TRANSACTION SYS ARCHITECTS CL A 893416107 13,654 419,600 SH
TRIAD HOSPITALS INC COM 89579K109 20,785 496,900 SH
TRIAD HOSPITALS INC COM 89579K109 202,986 4,852,650 SH
TRIMBLE NAVIGATION LTD COM 896239100 9,509 187,400 SH
TRIMBLE NAVIGATION LTD COM 896239100 23,868 470,400 SH
TYCO INTL LTD NEW COM 902124106 243 8,000 SH
UIL HLDG CORP COM 902748102 176 4,166 SH
US BANCORP DEL COM NEW 902973304 263 7,275 SH
UAP HLDG CORP COM 903441103 2,255 89,600 SH
ITEM 1 ITEM 6 ITEM 7 ITEM 8
MANAGERS VOTING AUTHORITY
INVESTMENT SEE (SHARES)
NAME OF ISSUE DISCRETION INSTR V (A) SOLE (B) SHARED (C) NONE
TD AMERITRADE HLDG CORP DEFINED 5 125,450
TD AMERITRADE HLDG CORP DEFINED 1,2,3 1,303,100
TECO ENERGY INC DEFINED 1,2,3,4 500
THQ INC DEFINED 1,2,3 275,700
TXU CORP DEFINED 1,2,3,4 12,000
TAKE-TWO INTERACTIVE SOFTWARE DEFINED 1,2,3 148,514
TALISMAN ENERGY INC DEFINED 5 6,800
TALISMAN ENERGY INC DEFINED 1,2,3 136,500
TARGET CORP DEFINED 5 72,650
TARGET CORP DEFINED 1,2,3 719,785
TECHNIP NEW DEFINED 5 975
TECHNIP NEW DEFINED 1,2,3 19,900
TECHNOLOGY INVT CAP CORP DEFINED 5 918
TECHNOLOGY INVT CAP CORP DEFINED 1,2,3 7,542
TELEFONOS DE MEXICO S A DEFINED 1,2,3,4 7,266
TEVA PHARMACEUTICAL INDS LTD DEFINED 5 12,000
TEVA PHARMACEUTICAL INDS LTD DEFINED 1,2,3,4 75
TEVA PHARMACEUTICAL INDS LTD DEFINED 1,2,3 500,000
TETRA TECHNOLOGIES INC DEL DEFINED 1,2,3 225,500
TETRA TECH INC NEW DEFINED 5 594,900
TETRA TECH INC NEW DEFINED 1,2,3 1,377,100
TEXAS INSTRS INC DEFINED 5 36,500
TEXAS INSTRS INC DEFINED 1,2,3 448,800
3M CO DEFINED 5 26,951
3M CO DEFINED 1,2,3 60,308
TIME WARNER INC DEFINED 5 47,100
TIME WARNER INC DEFINED 1,2,3,4 427,839
TIME WARNER INC DEFINED 1,2,3 586,900
TODCO DEFINED 5 2,600
TODCO DEFINED 1,2,3 52,350
TOTAL S A DEFINED 5 450
TOTAL S A DEFINED 1,2,3 9,300
TRANSACTION SYS ARCHITECTS DEFINED 5 278,400
TRANSACTION SYS ARCHITECTS DEFINED 1,2,3 419,600
TRIAD HOSPITALS INC DEFINED 5 496,900
TRIAD HOSPITALS INC DEFINED 1,2,3 4,852,650
TRIMBLE NAVIGATION LTD DEFINED 5 187,400
TRIMBLE NAVIGATION LTD DEFINED 1,2,3 470,400
TYCO INTL LTD NEW DEFINED 1,2,3,4 8,000
UIL HLDG CORP DEFINED 1,2,3,4 4,166
US BANCORP DEL DEFINED 1,2,3,4 7,275
UAP HLDG CORP DEFINED 5 89,600
21
31-Dec-06
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5
FAIR SHARES/
TITLE OF CUSIP MARKET PRINCIPAL PUT/
NAME OF ISSUE CLASS NUMBER VALUE AMOUNT SH/PRN CALL
UAP HLDG CORP COM 903441103 25,773 1,024,176 SH
ULTRA PETE CORP COM 903914109 31 650 SH
ULTRA PETE CORP COM 903914109 239 5,000 SH
ULTRA PETE CORP COM 903914109 11,918 249,600 SH
UNION PAC CORP COM 907818108 9,749 105,939 SH
UNION PAC CORP COM 907818108 1,742 18,926 SH
UNION PAC CORP COM 907818108 97,973 1,064,694 SH
UNISOURCE ENERGY CORP COM 909205106 37 1,000 SH
UNITED NAT FOODS INC COM 911163103 17,999 501,300 SH
UNITED NAT FOODS INC COM 911163103 53,990 1,503,700 SH
UNITED PARCEL SERVICE INC CL B 911312106 3,573 47,659 SH
UNITED PARCEL SERVICE INC CL B 911312106 31,590 421,314 SH
UNITED TECHNOLOGIES CORP COM 913017109 688 11,000 SH
UNITED TECHNOLOGIES CORP COM 913017109 29,697 475,000 SH
UNITEDHEALTH GROUP INC COM 91324P102 4,298 80,000 SH
UNITEDHEALTH GROUP INC COM 91324P102 61,779 1,149,800 SH
UNIVISION COMMUNICATIONS INC CL A 914906102 79 2,230 SH
UNUMPROVIDENT CORP COM 91529Y106 7,217 347,300 SH
UNUMPROVIDENT CORP COM 91529Y106 35,667 1,716,400 SH
URBAN OUTFITTERS INC COM 917047102 5,629 244,300 SH
URBAN OUTFITTERS INC COM 917047102 8,373 363,400 SH
VAIL RESORTS INC COM 91879Q109 38,762 864,847 SH
VALERO ENERGY CORP NEW COM 91913Y100 78 1,525 SH
VALERO ENERGY CORP NEW COM 91913Y100 9,613 187,900 SH
VALERO GP HLDGS LLC UNIT LLC INTS 91914G108 2,022 81,450 SH
VALERO GP HLDGS LLC UNIT LLC INTS 91914G108 6,103 245,900 SH
VAN KAMPEN SELECT SECTOR MUN COM 92112M103 26 2,003 SH
VERASUN ENERGY CORP COM 92336G106 1,223 61,900 SH
VERASUN ENERGY CORP COM 92336G106 10,647 539,100 SH
VERIFONE HLDGS INC COM 92342Y109 13,544 382,600 SH
VERIFONE HLDGS INC COM 92342Y109 58,699 1,658,150 SH
VERIZON COMMUNICATIONS COM 92343V104 2,387 64,100 SH
VERIZON COMMUNICATIONS COM 92343V104 585 15,700 SH
VERIZON COMMUNICATIONS COM 92343V104 11,772 316,100 SH
VERTRUE INC COM 92534N101 2,763 72,050 SH
VIMICRO INTL CORP ADR 92718N109 1,722 168,700 SH
VISICU INC COM 92831L204 11,361 1,016,600 SH
VITAL IMAGES INC COM 92846N104 7,974 229,000 SH
VITAL IMAGES INC COM 92846N104 38,159 1,095,900 SH
VOLCANO CORPORATION COM 928645100 3,501 213,580 SH
VOLCANO CORPORATION COM 928645100 28,637 1,747,200 SH
VOLCOM INC COM 92864N101 5,120 173,400 SH
ITEM 1 ITEM 6 ITEM 7 ITEM 8
MANAGERS VOTING AUTHORITY
INVESTMENT SEE (SHARES)
NAME OF ISSUE DISCRETION INSTR V (A) SOLE (B) SHARED (C) NONE
UAP HLDG CORP DEFINED 1,2,3 1,024,176
ULTRA PETE CORP DEFINED 5 650
ULTRA PETE CORP DEFINED 1,2,3,4 5,000
ULTRA PETE CORP DEFINED 1,2,3 249,600
UNION PAC CORP DEFINED 5 105,939
UNION PAC CORP DEFINED 1,2,3,4 18,926
UNION PAC CORP DEFINED 1,2,3 1,064,694
UNISOURCE ENERGY CORP DEFINED 1,2,3,4 1,000
UNITED NAT FOODS INC DEFINED 5 501,300
UNITED NAT FOODS INC DEFINED 1,2,3 1,503,700
UNITED PARCEL SERVICE INC DEFINED 5 47,659
UNITED PARCEL SERVICE INC DEFINED 1,2,3 421,314
UNITED TECHNOLOGIES CORP DEFINED 5 11,000
UNITED TECHNOLOGIES CORP DEFINED 1,2,3 475,000
UNITEDHEALTH GROUP INC DEFINED 5 80,000
UNITEDHEALTH GROUP INC DEFINED 1,2,3 1,149,800
UNIVISION COMMUNICATIONS INC DEFINED 1,2,3,4 2,230
UNUMPROVIDENT CORP DEFINED 5 347,300
UNUMPROVIDENT CORP DEFINED 1,2,3 1,716,400
URBAN OUTFITTERS INC DEFINED 5 244,300
URBAN OUTFITTERS INC DEFINED 1,2,3 363,400
VAIL RESORTS INC DEFINED 1,2,3 864,847
VALERO ENERGY CORP NEW DEFINED 5 1,525
VALERO ENERGY CORP NEW DEFINED 1,2,3 187,900
VALERO GP HLDGS LLC DEFINED 5 81,450
VALERO GP HLDGS LLC DEFINED 1,2,3 245,900
VAN KAMPEN SELECT SECTOR MUN DEFINED 1,2,3,4 2,003
VERASUN ENERGY CORP DEFINED 5 61,900
VERASUN ENERGY CORP DEFINED 1,2,3 539,100
VERIFONE HLDGS INC DEFINED 5 382,600
VERIFONE HLDGS INC DEFINED 1,2,3 1,658,150
VERIZON COMMUNICATIONS DEFINED 5 64,100
VERIZON COMMUNICATIONS DEFINED 1,2,3,4 15,700
VERIZON COMMUNICATIONS DEFINED 1,2,3 316,100
VERTRUE INC DEFINED 1,2,3 72,050
VIMICRO INTL CORP DEFINED 5 168,700
VISICU INC DEFINED 1,2,3 1,016,600
VITAL IMAGES INC DEFINED 5 229,000
VITAL IMAGES INC DEFINED 1,2,3 1,095,900
VOLCANO CORPORATION DEFINED 5 213,580
VOLCANO CORPORATION DEFINED 1,2,3 1,747,200
VOLCOM INC DEFINED 5 173,400
22
31-Dec-06
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5
FAIR SHARES/
TITLE OF CUSIP MARKET PRINCIPAL PUT/
NAME OF ISSUE CLASS NUMBER VALUE AMOUNT SH/PRN CALL
VOLCOM INC COM 92864N101 7,736 262,000 SH
VOLTERRA SEMICONDUCTOR CORP COM 928708106 3,374 225,000 SH
VOLTERRA SEMICONDUCTOR CORP COM 928708106 33,413 2,228,267 SH
VORNADO RLTY TR SH BEN IVT 929042109 33 275 SH
WPS RESOURCES CORP COM 92931B106 173 3,200 SH
WABTAC CORP COM 929740108 11,715 385,600 SH
WABTAC CORP COM 929740108 17,317 570,000 SH
WACHOVIA CORP 2ND NEW COM 929903102 2,526 44,350 SH
WACHOVIA CORP 2ND NEW COM 929903102 12,535 220,100 SH
WAL MART STORES INC COM 931142103 5,980 129,500 SH
WAL MART STORES INC COM 931142103 7,591 164,385 SH
WAL MART STORES INC COM 931142103 108,341 2,346,063 SH
WALGREEN CO COM 931422109 8,168 177,984 SH
WALGREEN CO COM 931422109 75,629 1,648,046 SH
WASTE MGMT INC DEL COM 94106L109 1,879 51,100 SH
WASTE MGMT INC DEL COM 94106L109 9,340 254,000 SH
WEBEX COMUNICATIONS INC COM 94767L109 13,601 390,100 SH
WEBEX COMUNICATIONS INC COM 94767L109 60,554 1,736,800 SH
WEINGARTEN RLTY INVS SH BEN INT 948741103 104 2,250 SH
WELLCARE HEALTH PLANS INC COM 94946T106 15,964 231,700 SH
WELLCARE HEALTH PLANS INC COM 94946T106 131,303 1,905,700 SH
WELLPOINT INC COM 94973V107 5,823 74,000 SH
WELLPOINT INC COM 94973V107 75,527 959,800 SH
WELLS FARGO & CO NEW COM 949746101 4,428 124,532 SH
WELLS FARGO & CO NEW COM 949746101 1,519 42,720 SH
WELLS FARGO & CO NEW COM 949746101 28,780 809,346 SH
WHITNEY HLDG CORP COM 966612103 1,018 31,218 SH
WHOLE FOODS MKT INC COM 966837106 2,186 46,600 SH
WILLIAMS COS INC DEL COM 969457100 3,014 115,400 SH
WINDSTREAM CORP COM 97381W104 2,466 173,452 SH
WINDSTREAM CORP COM 97381W104 9,016 634,064 SH
WRIGLEY WM JR CO COM 982526105 3,258 62,990 SH
WRIGLEY WM JR CO COM 982526105 1,086 21,000 SH
WYETH COM 983024100 662 13,000 SH
WYETH COM 983024100 1,907 37,445 SH
WYETH COM 983024100 19,095 375,000 SH
WYNDHAM WORLDWIDE CORP COM 98310W108 0 1 SH
XM SATELLITE RADIO HLDGS INC CL A 983759101 6,269 433,400 SH
XTO ENERGY CORP COM 98385X106 1,655 35,166 SH
XTO ENERGY CORP COM 98385X106 5,684 120,800 SH
XTO ENERGY CORP COM 98385X106 18,057 383,783 SH
XEROX CORP COM 984121103 10,560 623,000 SH
ITEM 1 ITEM 6 ITEM 7 ITEM 8
MANAGERS VOTING AUTHORITY
INVESTMENT SEE (SHARES)
NAME OF ISSUE DISCRETION INSTR V (A) SOLE (B) SHARED (C) NONE
VOLCOM INC DEFINED 1,2,3 262,000
VOLTERRA SEMICONDUCTOR CORP DEFINED 5 225,000
VOLTERRA SEMICONDUCTOR CORP DEFINED 1,2,3 2,228,267
VORNADO RLTY TR DEFINED 1,2,3,4 275
WPS RESOURCES CORP DEFINED 1,2,3,4 3,200
WABTAC CORP DEFINED 5 385,600
WABTAC CORP DEFINED 1,2,3 570,000
WACHOVIA CORP 2ND NEW DEFINED 5 44,350
WACHOVIA CORP 2ND NEW DEFINED 1,2,3 220,100
WAL MART STORES INC DEFINED 5 129,500
WAL MART STORES INC DEFINED 1,2,3,4 164,385
WAL MART STORES INC DEFINED 1,2,3 2,346,063
WALGREEN CO DEFINED 5 177,984
WALGREEN CO DEFINED 1,2,3 1,648,046
WASTE MGMT INC DEL DEFINED 5 51,100
WASTE MGMT INC DEL DEFINED 1,2,3 254,000
WEBEX COMUNICATIONS INC DEFINED 5 390,100
WEBEX COMUNICATIONS INC DEFINED 1,2,3 1,736,800
WEINGARTEN RLTY INVS DEFINED 1,2,3,4 2,250
WELLCARE HEALTH PLANS INC DEFINED 5 231,700
WELLCARE HEALTH PLANS INC DEFINED 1,2,3 1,905,700
WELLPOINT INC DEFINED 5 74,000
WELLPOINT INC DEFINED 1,2,3 959,800
WELLS FARGO & CO NEW DEFINED 5 124,532
WELLS FARGO & CO NEW DEFINED 1,2,3,4 42,720
WELLS FARGO & CO NEW DEFINED 1,2,3 809,346
WHITNEY HLDG CORP DEFINED 1,2,3,4 31,218
WHOLE FOODS MKT INC DEFINED 1,2,3 46,600
WILLIAMS COS INC DEL DEFINED 1,2,3 115,400
WINDSTREAM CORP DEFINED 5 173,452
WINDSTREAM CORP DEFINED 1,2,3 634,064
WRIGLEY WM JR CO DEFINED 1,2,3,4 62,990
WRIGLEY WM JR CO DEFINED 1,2,3 21,000
WYETH DEFINED 5 13,000
WYETH DEFINED 1,2,3,4 37,445
WYETH DEFINED 1,2,3 375,000
WYNDHAM WORLDWIDE CORP DEFINED 5 1
XM SATELLITE RADIO HLDGS INC DEFINED 1,2,3 433,400
XTO ENERGY CORP DEFINED 5 35,166
XTO ENERGY CORP DEFINED 1,2,3,4 120,800
XTO ENERGY CORP DEFINED 1,2,3 383,783
XEROX CORP DEFINED 5 623,000
23
31-Dec-06
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5
FAIR SHARES/
TITLE OF CUSIP MARKET PRINCIPAL PUT/
NAME OF ISSUE CLASS NUMBER VALUE AMOUNT SH/PRN CALL
XEROX CORP COM 984121103 119,254 7,035,644 SH
YUM BRANDS INC COM 988498101 3,784 64,350 SH
YUM BRANDS INC COM 988498101 118 2,000 SH
YUM BRANDS INC COM 988498101 75,779 1,288,759 SH
ZIMMER HLDGS INC COM 98956P102 2,673 34,100 SH
ZIMMER HLDGS INC COM 98956P102 9,237 117,850 SH
ZIMMER HLDGS INC COM 98956P102 30,133 384,450 SH
ZUMIEZ INC COM 989817101 23,553 796,500 SH
TELVENT GIT SA SHS E90215109 2,241 157,200 SH
TELVENT GIT SA SHS E90215109 18,598 1,304,700 SH
ACE LTD ORD G0070K103 7,059 116,550 SH
ACE LTD ORD G0070K103 81,533 1,346,089 SH
AXIS CAPITAL HOLDINGS SHS G0692U109 1,819 54,500 SH
AXIS CAPITAL HOLDINGS SHS G0692U109 18,143 543,700 SH
ITEM 1 ITEM 6 ITEM 7 ITEM 8
MANAGERS VOTING AUTHORITY
INVESTMENT SEE (SHARES)
NAME OF ISSUE DISCRETION INSTR V (A) SOLE (B) SHARED (C) NONE
XEROX CORP DEFINED 1,2,3 7,035,644
YUM BRANDS INC DEFINED 5 64,350
YUM BRANDS INC DEFINED 1,2,3,4 2,000
YUM BRANDS INC DEFINED 1,2,3 1,288,759
ZIMMER HLDGS INC DEFINED 5 34,100
ZIMMER HLDGS INC DEFINED 1,2,3,4 117,850
ZIMMER HLDGS INC DEFINED 1,2,3 384,450
ZUMIEZ INC DEFINED 1,2,3 796,500
TELVENT GIT SA DEFINED 5 157,200
TELVENT GIT SA DEFINED 1,2,3 1,304,700
ACE LTD DEFINED 5 116,550
ACE LTD DEFINED 1,2,3 1,346,089
AXIS CAPITAL HOLDINGS DEFINED 5 54,500
AXIS CAPITAL HOLDINGS DEFINED 1,2,3 543,700
24
31-Dec-06
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5
FAIR SHARES/
TITLE OF CUSIP MARKET PRINCIPAL PUT/
NAME OF ISSUE CLASS NUMBER VALUE AMOUNT SH/PRN CALL
EVEREST RE GROUP LTD COM G3223R108 4,778 48,700 SH
EVEREST RE GROUP LTD COM G3223R108 29,558 301,269 SH
GARMIN LTD ORD G37260109 3,848 69,100 SH
GARMIN LTD ORD G37260109 36,730 659,600 SH
GLOBALSANTAFE CORP SHS G3930E101 59 1,000 SH
GLOBALSANTAFE CORP SHS G3930E101 5,878 100,000 SH
MARVELL TECHNOLOGY GROUP LTD ORD G5876H105 2,197 114,600 SH
NABORS INDUSTRIES LTD SHS G6359F103 488 16,400 SH
NABORS INDUSTRIES LTD SHS G6359F103 3,242 108,850 SH
ONEBEACON INSURANCE GROUP LT CL A G67742109 36 1,300 SH
PRIMUS GUARANTY LTD SHS G72457107 2,426 210,000 SH
SINA CORP ORD G81477104 1,435 50,000 SH
UTI WORLDWIDE INC ORD G87210103 14,876 498,200 SH
UTI WORLDWIDE INC ORD G87210103 55,811 1,869,100 SH
TRANSOCEAN INC ORD G90078109 40,828 504,734 SH
TRANSOCEAN INC ORD G90078109 115,518 1,428,082 SH
VISTAPRINT LIMITED SHS G93762204 9,858 298,000 SH
WEATHERFORD INTERNATIONAL LT COM G95089101 39,011 933,497 SH
WEATHERFORD INTERNATIONAL LT COM G95089101 6,715 160,687 SH
WEATHERFORD INTERNATIONAL LT COM G95089101 147,927 3,539,778 SH
ALCON INC COM SHS H01301102 9,467 84,705 SH
ALCON INC COM SHS H01301102 75,057 671,530 SH
UBS AG SHS NEW H89231338 67,589 1,120,324 SH
UBS AG SHS NEW H89231338 12,006 199,005 SH
UBS AG SHS NEW H89231338 230,298 3,817,312 SH
ALLOT COMMUNICATIONS LTD SHS M0854Q105 167 14,250 SH
ALLOT COMMUNICATIONS LTD SHS M0854Q105 1,589 135,750 SH
AEGEAN MARINE PETROLEUM NETW SHS Y0017S102 33 2,000 SH
QUINTANA MARITIME LTD SHS Y7169G109 1,475 134,000 SH
TEEKAY OFFSHORE PARTNERS L P PARTNERSHIP UN Y8565J101 132 5,000 SH
TEEKAY OFFSHORE PARTNERS L P PARTNERSHIP UN Y8565J101 1,777 67,420 SH
----------- -----------
$27,099,405 640,824,211
ITEM 1 ITEM 6 ITEM 7 ITEM 8
MANAGERS VOTING AUTHORITY
INVESTMENT SEE (SHARES)
NAME OF ISSUE DISCRETION INSTR V (A) SOLE (B) SHARED (C) NONE
EVEREST RE GROUP LTD DEFINED 5 48,700
EVEREST RE GROUP LTD DEFINED 1,2,3 301,269
GARMIN LTD DEFINED 5 69,100
GARMIN LTD DEFINED 1,2,3 659,600
GLOBALSANTAFE CORP DEFINED 1,2,3,4 1,000
GLOBALSANTAFE CORP DEFINED 1,2,3 100,000
MARVELL TECHNOLOGY GROUP LTD DEFINED 1,2,3 114,600
NABORS INDUSTRIES LTD DEFINED 5 16,400
NABORS INDUSTRIES LTD DEFINED 1,2,3 108,850
ONEBEACON INSURANCE GROUP LT DEFINED 1,2,3 1,300
PRIMUS GUARANTY LTD DEFINED 1,2,3 210,000
SINA CORP DEFINED 5 50,000
UTI WORLDWIDE INC DEFINED 5 498,200
UTI WORLDWIDE INC DEFINED 1,2,3 1,869,100
TRANSOCEAN INC DEFINED 5 504,734
TRANSOCEAN INC DEFINED 1,2,3 1,428,082
VISTAPRINT LIMITED DEFINED 1,2,3 298,000
WEATHERFORD INTERNATIONAL LT DEFINED 5 933,497
WEATHERFORD INTERNATIONAL LT DEFINED 1,2,3,4 160,687
WEATHERFORD INTERNATIONAL LT DEFINED 1,2,3 3,539,778
ALCON INC DEFINED 5 84,705
ALCON INC DEFINED 1,2,3 671,530
UBS AG DEFINED 5 1,120,324
UBS AG DEFINED 1,2,3,4 199,005
UBS AG DEFINED 1,2,3 3,817,312
ALLOT COMMUNICATIONS LTD DEFINED 5 14,250
ALLOT COMMUNICATIONS LTD DEFINED 1,2,3 135,750
AEGEAN MARINE PETROLEUM NETW DEFINED 1,2,3 2,000
QUINTANA MARITIME LTD DEFINED 1,2,3,4 134,000
TEEKAY OFFSHORE PARTNERS L P DEFINED 5 5,000
TEEKAY OFFSHORE PARTNERS L P DEFINED 1,2,3 67,420
-----------
640,824,211
25