13F-HR 1 fpa13f0304.txt 13F QUARTER END 3/31/04 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington DC 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2004 Check here if Amendment [ ]; Amendment Number: This Amendment: [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: First Pacific Advisors, Inc. Address: 11400 West Olympic Blvd. Suite 1200 Los Angeles, CA 90064 Form 13F File Number: 28-04689 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: J. Richard Atwood Title: Principal and Chief Operating Officer Phone: (310) 996-5458 Signature, Place, and Date of Signing: J. Richard Atwood Los Angeles, CA 5/10/04 ------------------------------ -------------------- -------- Signature City, State Date Report Type: [X] 13F HOLDINGS REPORT [ ] 13F NOTICE [ ] 13F COMBINATION REPORT FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 267 Form 13F Information Table Value Total: $3,401,522 List of Other Included Managers: NONE

FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 -------------------------------- -------- --------- -------- ---------------------- -------- ------------ -------------------------- TITLE CUSIP VALUE SHARES / SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER OF CLASS NUMBER (x$1000) PRINCIPAL AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE -------------------------------- -------- --------- -------- ------------- --- ---- -------- ------------ -------- -------- -------- ACTION PERFORMANCE CO., INC. COMMON 004933107 1551 101600 SH SOLE 1 101600 ACTION PERFORMANCE CO., INC. COMMON 004933107 14 900 SH DEFINED 5 900 ACTION PERFORMANCE CO., INC. COMMON 004933107 98 6400 SH DEFINED 5 6400 ACTION PERFORMANCE CO., INC. COMMON 004933107 2046 134000 SH DEFINED 4 134000 ADVANCED FIBRE COMM., INC. COMMON 00754A105 25624 1160000 SH SOLE 1 1160000 ADVANCED FIBRE COMM., INC. COMMON 00754A105 13 600 SH DEFINED 5 600 ADVANCED FIBRE COMM., INC. COMMON 00754A105 113 5100 SH DEFINED 5 5100 ADVANCED FIBRE COMM., INC. COMMON 00754A105 2529 114500 SH DEFINED 1 114500 ADVANCED FIBRE COMM., INC. COMMON 00754A105 773 35000 SH DEFINED 4 35000 AMERICAN GREETINGS CORP-CL A COMMON 026375105 30591 1343500 SH SOLE 1 1343500 AMERICAN GREETINGS CORP-CL A COMMON 026375105 31771 1395300 SH DEFINED 4 1395300 AMERICAN GREETINGS CORP-CL A COMMON 026375105 15172 666300 SH DEFINED 4 666300 ANGELICA CORP. COMMON 034663104 7833 343100 SH SOLE 1 343100 ANGELICA CORP. COMMON 034663104 5587 244700 SH DEFINED 4 244700 ANGELICA CORP. COMMON 034663104 5034 220500 SH DEFINED 4 220500 APRIA HEALTHCARE GROUP, INC. COMMON 037933108 10296 343900 SH SOLE 1 343900 APRIA HEALTHCARE GROUP, INC. COMMON 037933108 9 300 SH DEFINED 5 300 APRIA HEALTHCARE GROUP, INC. COMMON 037933108 7562 252580 SH DEFINED 4 252580 ARROW ELECTRONICS INC. COMMON 042735100 33098 1300000 SH SOLE 1 1300000 ARROW ELECTRONICS INC. COMMON 042735100 23450 921050 SH DEFINED 4 921050 ARROW ELECTRONICS INC. COMMON 042735100 11192 439600 SH DEFINED 4 439600 ASSURANT, INC. COMMON 04621X108 12575 500000 SH SOLE 1 500000 ASSURANT, INC. COMMON 04621X108 55 2200 SH DEFINED 5 2200 ASSURANT, INC. COMMON 04621X108 257 10200 SH DEFINED 5 10200 AVNET, INC. COMMON 053807103 63062 2575000 SH SOLE 1 2575000 AVNET, INC. COMMON 053807103 55496 2266065 SH DEFINED 4 2266065 AVNET, INC. COMMON 053807103 17841 728500 SH DEFINED 4 728500 BELDEN INC. COMMON 077459105 9567 504300 SH SOLE 1 504300 BELDEN INC. COMMON 077459105 366 19300 SH DEFINED 4 19300 BELDEN INC. COMMON 077459105 5185 273300 SH DEFINED 4 273300 BIG LOTS, INC. COMMON 089302103 67535 4657600 SH SOLE 1 4657600 BIG LOTS, INC. COMMON 089302103 74 5100 SH DEFINED 5 5100 BIG LOTS, INC. COMMON 089302103 450 31000 SH DEFINED 5 31000 BIG LOTS, INC. COMMON 089302103 45007 3103900 SH DEFINED 4 3103900 BIG LOTS, INC. COMMON 089302103 21347 1472200 SH DEFINED 4 1472200 BIO-RAD LABORATORIES, INC. COMMON 090572207 3664 65000 SH SOLE 1 65000 BIO-RAD LABORATORIES, INC. COMMON 090572207 383 6800 SH DEFINED 1 6800 BLACK BOX CORPORATION COMMON 091826107 20675 385800 SH SOLE 1 385800 BLACK BOX CORPORATION COMMON 091826107 1983 37000 SH DEFINED 1 37000 THE BRINKS COMPANY COMMON 109696104 7102 257500 SH SOLE 1 257500 THE BRINKS COMPANY COMMON 109696104 58 2100 SH DEFINED 5 2100 THE BRINKS COMPANY COMMON 109696104 463 16800 SH DEFINED 5 16800 BROWN & BROWN INC. COMMON 115236101 14768 381000 SH SOLE 1 381000 BROWN & BROWN INC. COMMON 115236101 1488 38400 SH DEFINED 1 38400 CBL & ASSOCIATES PROP SERIES C COMMON 124830506 2665 100000 SH SOLE 1 100000 CEC ENTERTAINMENT INC COMMON 125137109 4945 142500 SH SOLE 1 142500 CEC ENTERTAINMENT INC COMMON 125137109 1603 46200 SH DEFINED 1 46200 CKE RESTAURANTS, INC. COMMON 12561E105 2737 276500 SH DEFINED 4 276500 CAL DIVE INTERNATIONAL, INC. COMMON 127914109 30738 1190000 SH SOLE 1 1190000 CAL DIVE INTERNATIONAL, INC. COMMON 127914109 3051 118100 SH DEFINED 1 118100 CARMAX INC COMMON 143130102 21316 729989 SH SOLE 1 729989 CARMAX INC COMMON 143130102 2868 98221 SH DEFINED 1 98221 CARNIVAL CORPORATION COMMON 143658300 28141 626600 SH SOLE 1 626600 CHAMPION ENTERPRISES, INC. COMMON 158496109 21272 2006800 SH SOLE 1 2006800 CHAMPION ENTERPRISES, INC. COMMON 158496109 25729 2427300 SH DEFINED 4 2427300 CHAMPION ENTERPRISES, INC. COMMON 158496109 14183 1338000 SH DEFINED 4 1338000 CHARLES RIVER LABORATORIES INT'L COMMON 159864107 3347 78100 SH SOLE 1 78100 CHARLES RIVER LABORATORIES INT'L COMMON 159864107 1046 24400 SH DEFINED 1 24400 CHARMING SHOPPES, INC. COMMON 161133103 54187 6956000 SH SOLE 1 6956000 CHARMING SHOPPES, INC. COMMON 161133103 3770 484000 SH DEFINED 5 484000 CHARMING SHOPPES, INC. COMMON 161133103 514 66000 SH DEFINED 5 66000 CHARMING SHOPPES, INC. COMMON 161133103 46819 6010100 SH DEFINED 4 6010100 CHARMING SHOPPES, INC. COMMON 161133103 23292 2990000 SH DEFINED 4 2990000 CHECKPOINT SYSTEMS, INC. CV CONVERT 162825AB9 2857 2774 PRN SOLE 1 2774 COACHMEN INDS INC. COMMON 189873102 17130 1027000 SH SOLE 1 1027000 COACHMEN INDS INC. COMMON 189873102 40 2400 SH DEFINED 5 2400 COACHMEN INDS INC. COMMON 189873102 325 19500 SH DEFINED 5 19500 COACHMEN INDS INC. COMMON 189873102 15928 954900 SH DEFINED 4 954900 COACHMEN INDS INC. COMMON 189873102 9014 540400 SH DEFINED 4 540400 COGNEX CORPORATION COMMON 192422103 27016 812500 SH SOLE 1 812500 COGNEX CORPORATION COMMON 192422103 2873 86400 SH DEFINED 1 86400 CONSECO, INC. COMMON 208464883 4053 175000 SH SOLE 1 175000 CRANE CO. COMMON 224399105 22935 695000 SH SOLE 1 695000 CRANE CO. COMMON 224399105 2310 70000 SH DEFINED 1 70000 DRS TECHNOLOGIES, INC COMMON 23330X100 1175 42000 SH SOLE 1 42000 DUKE-WEEKS REALTY CORP. SER. B COMMON 264411885 2210 40000 SH SOLE 1 40000 DYCOM INDUSTRIES, INC. COMMON 267475101 17129 645900 SH SOLE 1 645900 DYCOM INDUSTRIES, INC. COMMON 267475101 48 1800 SH DEFINED 5 1800 DYCOM INDUSTRIES, INC. COMMON 267475101 361 13600 SH DEFINED 5 13600 DYCOM INDUSTRIES, INC. COMMON 267475101 7118 268400 SH DEFINED 4 268400 DYCOM INDUSTRIES, INC. COMMON 267475101 11669 440000 SH DEFINED 4 440000 ENSCO INTERNATIONAL INCORPORATED COMMON 26874Q100 69628 2471700 SH SOLE 1 2471700 ENSCO INTERNATIONAL INCORPORATED COMMON 26874Q100 21640 768200 SH DEFINED 5 768200 ENSCO INTERNATIONAL INCORPORATED COMMON 26874Q100 676 24000 SH DEFINED 5 24000 ENSCO INTERNATIONAL INCORPORATED COMMON 26874Q100 39925 1417300 SH DEFINED 4 1417300 ENSCO INTERNATIONAL INCORPORATED COMMON 26874Q100 17694 628100 SH DEFINED 4 628100 ELECTRONICS BOUTIQUE HLDG CORP COMMON 286045109 1261 43000 SH DEFINED 4 43000 ENGELHARD CORPORATION COMMON 292845104 22791 762500 SH SOLE 1 762500 ENGELHARD CORPORATION COMMON 292845104 2272 76000 SH DEFINED 1 76000 EXABYTE CORP COMMON 300615101 389 427400 SH SOLE 1 427400 EXABYTE CORP COMMON 300615101 896 984200 SH DEFINED 4 984200 EXABYTE CORP COMMON 300615101 432 475200 SH DEFINED 4 475200 FLEETWOOD ENTERPRISES, INC. COMMON 339099103 14527 1183000 SH SOLE 1 1183000 FLEETWOOD ENTERPRISES, INC. COMMON 339099103 18483 1505126 SH DEFINED 4 1505126 FLEETWOOD ENTERPRISES, INC. COMMON 339099103 13889 1131000 SH DEFINED 4 1131000 FLORIDA ROCK INDS INC COMMON 341140101 881 20900 SH DEFINED 4 20900 FLORIDA ROCK INDS INC COMMON 341140101 4573 108500 SH DEFINED 4 108500 FOOT LOCKER, INC. COMMON 344849104 32361 1254300 SH SOLE 1 1254300 FOOT LOCKER, INC. COMMON 344849104 39 1500 SH DEFINED 5 1500 FOOT LOCKER, INC. COMMON 344849104 297 11500 SH DEFINED 5 11500 FOOT LOCKER, INC. COMMON 344849104 22722 880700 SH DEFINED 4 880700 GRACO, INC. COMMON 384109104 22880 786000 SH SOLE 1 786000 GRACO, INC. COMMON 384109104 1408 48375 SH DEFINED 1 48375 HEALTH MANAGEMENT ASSOCIATES INC COMMON 421933102 11716 504800 SH SOLE 1 504800 HEALTH MANAGEMENT ASSOCIATES INC COMMON 421933102 1137 49000 SH DEFINED 1 49000 HEARTLAND EXPRESS, INC. COMMON 422347104 3988 175000 SH SOLE 1 175000 HEARTLAND EXPRESS, INC. COMMON 422347104 412 18100 SH DEFINED 1 18100 HON INDUSTRIES INC. COMMON 438092108 18632 501400 SH SOLE 1 501400 HON INDUSTRIES INC. COMMON 438092108 1613 43400 SH DEFINED 1 43400 HORACE MANN EDUCATORS CORP. COMMON 440327104 9905 630100 SH SOLE 1 630100 HORACE MANN EDUCATORS CORP. COMMON 440327104 9608 611200 SH DEFINED 4 611200 HORACE MANN EDUCATORS CORP. COMMON 440327104 7346 467300 SH DEFINED 4 467300 HUTCHINSON TECHNOLOGY INC. COMMON 448407106 29463 1050000 SH SOLE 1 1050000 HUTCHINSON TECHNOLOGY INC. COMMON 448407106 25133 895700 SH DEFINED 4 895700 HUTCHINSON TECHNOLOGY INC. COMMON 448407106 13385 477000 SH DEFINED 4 477000 IDEX CORP. COMMON 45167R104 20936 481500 SH SOLE 1 481500 IDEX CORP. COMMON 45167R104 1831 42100 SH DEFINED 1 42100 INTERACTIVE DATA CORPORATION COMMON 45840J107 3112 175000 SH SOLE 1 175000 INTERACTIVE DATA CORPORATION COMMON 45840J107 50 2800 SH DEFINED 5 2800 INTERACTIVE DATA CORPORATION COMMON 45840J107 466 26200 SH DEFINED 5 26200 I2 TECHNOLOGIES, INC. CV CONVERT 465754AF6 16443 18900 PRN SOLE 1 18900 I2 TECHNOLOGIES, INC. CV CONVERT 465754AF6 4328 4975 PRN DEFINED 4 4975 IVAX CORPORATION CV CONVERT 465823AD4 3060 3000 PRN SOLE 1 3000 JO-ANN STORES, INC. COMMON 47758P307 44985 1603744 SH DEFINED 4 1603744 JO-ANN STORES, INC. COMMON 47758P307 19386 691125 SH DEFINED 4 691125 KEMET CORPORATION COMMON 488360108 4494 313400 SH SOLE 1 313400 KEMET CORPORATION COMMON 488360108 509 35500 SH DEFINED 1 35500 KNIGHT TRANSPORTATION, INC. COMMON 499064103 492 20500 SH SOLE 1 20500 KNIGHT TRANSPORTATION, INC. COMMON 499064103 233 9700 SH DEFINED 1 9700 LSI LOGIC CORP. CV CONVERT 502161AG7 1980 2000 PRN SOLE 1 2000 LA-Z-BOY INCORPORATED COMMON 505336107 1414 65000 SH DEFINED 4 65000 LANDAUER INC COMMON 51476K103 1210 28800 SH SOLE 1 28800 LANDAUER INC COMMON 51476K103 42 1000 SH DEFINED 1 1000 LIGHTBRIDGE, INC. COMMON 532226107 1180 200000 SH SOLE 1 200000 LIGHTBRIDGE, INC. COMMON 532226107 9 1500 SH DEFINED 5 1500 LIGHTBRIDGE, INC. COMMON 532226107 60 10100 SH DEFINED 5 10100 LIGHTBRIDGE, INC. COMMON 532226107 405 68600 SH DEFINED 4 68600 LINCARE HOLDINGS INC. COMMON 532791100 23094 735000 SH SOLE 1 735000 LINCARE HOLDINGS INC. COMMON 532791100 2303 73300 SH DEFINED 1 73300 MANPOWER INC. COMMON 56418H100 20693 445000 SH SOLE 1 445000 MANPOWER INC. COMMON 56418H100 1967 42300 SH DEFINED 1 42300 MAXTOR CORPORATION COMMON 577729205 7104 871700 SH SOLE 1 871700 MAXTOR CORPORATION COMMON 577729205 29 3500 SH DEFINED 5 3500 MAXTOR CORPORATION COMMON 577729205 130 16000 SH DEFINED 5 16000 MAXTOR CORPORATION COMMON 577729205 1239 152000 SH DEFINED 4 152000 MICHAELS STORES, INC. COMMON 594087108 85571 1760000 SH SOLE 1 1760000 MICHAELS STORES, INC. COMMON 594087108 11046 227200 SH DEFINED 5 227200 MICHAELS STORES, INC. COMMON 594087108 1021 21000 SH DEFINED 5 21000 MICHAELS STORES, INC. COMMON 594087108 66361 1364900 SH DEFINED 4 1364900 MICHAELS STORES, INC. COMMON 594087108 20625 424200 SH DEFINED 4 424200 NATIONAL COMMERCE FINANCIAL CORP COMMON 63545P104 25320 885000 SH SOLE 1 885000 NATIONAL COMMERCE FINANCIAL CORP COMMON 63545P104 2509 87700 SH DEFINED 1 87700 NATIONAL-OILWELL, INC. COMMON 637071101 79891 2825000 SH SOLE 1 2825000 NATIONAL-OILWELL, INC. COMMON 637071101 11606 410400 SH DEFINED 5 410400 NATIONAL-OILWELL, INC. COMMON 637071101 919 32500 SH DEFINED 5 32500 NATIONAL-OILWELL, INC. COMMON 637071101 60276 2131400 SH DEFINED 4 2131400 NATIONAL-OILWELL, INC. COMMON 637071101 24550 868100 SH DEFINED 4 868100 NEW YORK COMMUNITY BANCORP, INC COMMON 649445103 4571 133333 SH SOLE 1 133333 NEW YORK COMMUNITY BANCORP, INC COMMON 649445103 27 800 SH DEFINED 5 800 NEW YORK COMMUNITY BANCORP, INC COMMON 649445103 256 7466 SH DEFINED 5 7466 NEWPORT CORPORATION COMMON 651824104 1839 110000 SH SOLE 1 110000 NEWPORT CORPORATION COMMON 651824104 18 1050 SH DEFINED 5 1050 NEWPORT CORPORATION COMMON 651824104 134 8000 SH DEFINED 5 8000 NEWPORT CORPORATION COMMON 651824104 502 30000 SH DEFINED 4 30000 NORTH FORK BANCORPORATION, INC. COMMON 659424105 26979 637500 SH SOLE 1 637500 NORTH FORK BANCORPORATION, INC. COMMON 659424105 2653 62700 SH DEFINED 1 62700 OCULAR SCIENCES, INC. COMMON 675744106 27926 958000 SH SOLE 1 958000 OCULAR SCIENCES, INC. COMMON 675744106 2157 74000 SH DEFINED 1 74000 OFFICE DEPOT, INC. COMMON 676220106 26630 1415000 SH SOLE 1 1415000 OFFICE DEPOT, INC. COMMON 676220106 2793 148400 SH DEFINED 1 148400 OREGON STEEL MLS INC. COMMON 686079104 9004 1191000 SH SOLE 1 1191000 OREGON STEEL MLS INC. COMMON 686079104 11699 1547500 SH DEFINED 4 1547500 OREGON STEEL MLS INC. COMMON 686079104 7580 1002700 SH DEFINED 4 1002700 O'REILLY AUTOMOTIVE, INC. COMMON 686091109 37361 933100 SH SOLE 1 933100 O'REILLY AUTOMOTIVE, INC. COMMON 686091109 2887 72100 SH DEFINED 1 72100 PG&E CORPORATION COMMON 69331C108 4635 160000 SH SOLE 1 160000 PG&E CORPORATION COMMON 69331C108 35 1200 SH DEFINED 5 1200 PALM HARBOR HOMES, INC. COMMON 696639103 482 23000 SH SOLE 1 23000 PALM HARBOR HOMES, INC. COMMON 696639103 7 350 SH DEFINED 5 350 PALM HARBOR HOMES, INC. COMMON 696639103 51 2450 SH DEFINED 5 2450 PATTERSON-UTI ENERGY, INC. COMMON 703481101 70466 1990000 SH SOLE 1 1990000 PATTERSON-UTI ENERGY, INC. COMMON 703481101 9543 269500 SH DEFINED 5 269500 PATTERSON-UTI ENERGY, INC. COMMON 703481101 779 22000 SH DEFINED 5 22000 PATTERSON-UTI ENERGY, INC. COMMON 703481101 51656 1458800 SH DEFINED 4 1458800 PATTERSON-UTI ENERGY, INC. COMMON 703481101 21037 594100 SH DEFINED 4 594100 PENNSYLVANIA REAL ESTATE INV TR COMMON 709102107 13 358 SH DEFINED 5 358 PENNSYLVANIA REAL ESTATE INV TR COMMON 709102107 483 12830 SH DEFINED 5 12830 PENNSYLVANIA REIT 11% PFD CL A COMMON 709102206 12066 197800 SH SOLE 1 197800 PENNSYLVANIA REIT 11% PFD CL A COMMON 709102206 73 1200 SH DEFINED 5 1200 PENNSYLVANIA REIT 11% PFD CL A COMMON 709102206 61 1000 SH DEFINED 5 1000 PLAINS EXPLORATION&PRODUCTION CO COMMON 726505100 2423 130000 SH SOLE 1 130000 PLAINS EXPLORATION&PRODUCTION CO COMMON 726505100 35 1900 SH DEFINED 5 1900 PLAINS EXPLORATION&PRODUCTION CO COMMON 726505100 268 14400 SH DEFINED 5 14400 PLAINS RESOURCES, INC. COMMON 726540503 2363 130000 SH SOLE 1 130000 PLAINS RESOURCES, INC. COMMON 726540503 35 1900 SH DEFINED 5 1900 PLAINS RESOURCES, INC. COMMON 726540503 262 14400 SH DEFINED 5 14400 PLANTRONICS, INC. COMMON 727493108 20868 570000 SH SOLE 1 570000 PLANTRONICS, INC. COMMON 727493108 2555 69800 SH DEFINED 1 69800 PRECISION DRILLING CORPORATION COMMON 74022D100 387 8300 SH DEFINED 4 8300 PROLOGIS 6.75% SERIES G PFD. CONVERT 743410805 3048 120 PRN SOLE 1 120 QWEST COMMUNICATION INT'L INC. COMMON 749121109 21442 4975000 SH SOLE 1 4975000 QWEST COMMUNICATION INT'L INC. COMMON 749121109 14166 3286800 SH DEFINED 4 3286800 REEBOK INTERNATIONAL LTD. COMMON 758110100 28651 692900 SH SOLE 1 692900 REEBOK INTERNATIONAL LTD. COMMON 758110100 27514 665400 SH DEFINED 4 665400 REEBOK INTERNATIONAL LTD. COMMON 758110100 12405 300000 SH DEFINED 4 300000 RENAL CARE GROUP, INC. COMMON 759930100 28600 625000 SH SOLE 1 625000 RENAL CARE GROUP, INC. COMMON 759930100 2961 64700 SH DEFINED 1 64700 ROSS STORES INC. COMMON 778296103 58998 1927400 SH SOLE 1 1927400 ROSS STORES INC. COMMON 778296103 61 2000 SH DEFINED 5 2000 ROSS STORES INC. COMMON 778296103 116 3800 SH DEFINED 5 3800 ROSS STORES INC. COMMON 778296103 43494 1420900 SH DEFINED 4 1420900 ROSS STORES INC. COMMON 778296103 7536 246200 SH DEFINED 4 246200 ROWAN COMPANIES, INC. COMMON 779382100 45506 2157700 SH SOLE 1 2157700 ROWAN COMPANIES, INC. COMMON 779382100 28505 1351600 SH DEFINED 4 1351600 ROWAN COMPANIES, INC. COMMON 779382100 12158 576500 SH DEFINED 4 576500 SANDISK CORPORATION COMMON 80004C101 27803 980000 SH SOLE 1 980000 SANDISK CORPORATION COMMON 80004C101 2650 93400 SH DEFINED 1 93400 SCANSOURCE, INC. COMMON 806037107 25600 534000 SH SOLE 1 534000 SCANSOURCE, INC. COMMON 806037107 3682 76800 SH DEFINED 1 76800 STANCORP FINANCIAL GROUP, INC. COMMON 852891100 261 4000 SH DEFINED 5 4000 STANDARD MOTOR PRODUCTS CV CONVERT 853666AB1 9019 9110 PRN SOLE 1 9110 STANDARD MOTOR PRODUCTS CV CONVERT 853666AB1 347 350 PRN DEFINED 4 350 TENET HEALTHCARE CORP COMMON 88033G100 3046 272900 SH SOLE 1 272900 TENET HEALTHCARE CORP COMMON 88033G100 12 1100 SH DEFINED 5 1100 TENET HEALTHCARE CORP COMMON 88033G100 97 8700 SH DEFINED 5 8700 THOR INDS. INC. COMMON 885160101 22595 841200 SH SOLE 1 841200 THOR INDS. INC. COMMON 885160101 18668 695000 SH DEFINED 4 695000 THOR INDS. INC. COMMON 885160101 9063 337400 SH DEFINED 4 337400 TIDEWATER INC COMMON 886423102 24403 867500 SH SOLE 1 867500 TIDEWATER INC COMMON 886423102 2506 89100 SH DEFINED 1 89100 TRINITY INDUSTRIES, INC. COMMON 896522109 49320 1774100 SH SOLE 1 1774100 TRINITY INDUSTRIES, INC. COMMON 896522109 10478 376900 SH DEFINED 5 376900 TRINITY INDUSTRIES, INC. COMMON 896522109 336 12100 SH DEFINED 5 12100 TRINITY INDUSTRIES, INC. COMMON 896522109 39504 1421000 SH DEFINED 4 1421000 TRINITY INDUSTRIES, INC. COMMON 896522109 14136 508500 SH DEFINED 4 508500 TRIQUINT SEMICONDUCTOR, INC. COMMON 89674K103 11691 1601466 SH SOLE 1 1601466 TRIQUINT SEMICONDUCTOR, INC. COMMON 89674K103 1040 142475 SH DEFINED 1 142475 VENTAS INC. COMMON 92276F100 7694 280000 SH SOLE 1 280000 VENTAS INC. COMMON 92276F100 104 3800 SH DEFINED 5 3800 VENTAS INC. COMMON 92276F100 731 26600 SH DEFINED 5 26600 WFS FINANCIAL, INC. COMMON 92923B106 12121 279800 SH SOLE 1 279800 WFS FINANCIAL, INC. COMMON 92923B106 3769 87000 SH DEFINED 5 87000 WFS FINANCIAL, INC. COMMON 92923B106 542 12500 SH DEFINED 5 12500 WFS FINANCIAL, INC. COMMON 92923B106 32145 742038 SH DEFINED 4 742038 WESTCORP, INC. COMMON 957907108 28738 652100 SH SOLE 1 652100 WESTCORP, INC. COMMON 957907108 7355 166900 SH DEFINED 5 166900 WESTCORP, INC. COMMON 957907108 18785 426247 SH DEFINED 4 426247 WINNEBAGO INDUSTRIES, INC. COMMON 974637100 1839 59000 SH DEFINED 4 59000 ZALE CORPORATION COMMON 988858106 34468 560000 SH SOLE 1 560000 ZALE CORPORATION COMMON 988858106 5075 82450 SH DEFINED 5 82450 ZALE CORPORATION COMMON 988858106 222 3600 SH DEFINED 5 3600 ZALE CORPORATION COMMON 988858106 35594 578300 SH DEFINED 4 578300 ZALE CORPORATION COMMON 988858106 20151 327400 SH DEFINED 4 327400 ZEBRA TECHNOLOGIES CORP. CLASS A COMMON 989207105 23204 334500 SH SOLE 1 334500 ZEBRA TECHNOLOGIES CORP. CLASS A COMMON 989207105 2237 32250 SH DEFINED 1 32250 CELANESE AG COMMON D1497A101 46377 1142300 SH SOLE 1 1142300 CELANESE AG COMMON D1497A101 5264 129650 SH DEFINED 5 129650 CELANESE AG COMMON D1497A101 974 24000 SH DEFINED 5 24000 CELANESE AG COMMON D1497A101 45622 1123700 SH DEFINED 4 1123700 CELANESE AG COMMON D1497A101 24518 603900 SH DEFINED 4 603900 GLOBALSANTAFE CORPORATION COMMON G3930E101 8664 312000 SH SOLE 1 312000 GLOBALSANTAFE CORPORATION COMMON G3930E101 6437 231798 SH DEFINED 5 231798 GLOBALSANTAFE CORPORATION COMMON G3930E101 328 11800 SH DEFINED 5 11800 NOBLE CORPORATION COMMON G65422100 28527 742500 SH SOLE 1 742500 NOBLE CORPORATION COMMON G65422100 2901 75500 SH DEFINED 1 75500 CORE LABORATORIES N.V. COMMON N22717107 1972 93000 SH DEFINED 4 93000 CORE LABORATORIES N.V. COMMON N22717107 3095 146000 SH DEFINED 4 146000