13F-HR 1 fpa13fh0903.txt FPA 13F FOR 3QUARTER 2003 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington DC 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 2003 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 11/14/03 ------------------------------ -------------------- -------- 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: 289 Form 13F Information Table Value Total: $2,841,426 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 2483 101600 SH SOLE 1 101600 ACTION PERFORMANCE CO., INC. COMMON 004933107 22 900 SH DEFINED 5 900 ACTION PERFORMANCE CO., INC. COMMON 004933107 156 6400 SH DEFINED 5 6400 ACTION PERFORMANCE CO., INC. COMMON 004933107 1271 52000 SH DEFINED 4 52000 ADVANCED FIBRE COMM., INC. COMMON 00754A105 15518 740000 SH SOLE 1 740000 ADVANCED FIBRE COMM., INC. COMMON 00754A105 13 600 SH DEFINED 5 600 ADVANCED FIBRE COMM., INC. COMMON 00754A105 107 5100 SH DEFINED 5 5100 ADVANCED FIBRE COMM., INC. COMMON 00754A105 1919 91500 SH DEFINED 1 91500 ADVANCED FIBRE COMM., INC. COMMON 00754A105 734 35000 SH DEFINED 4 35000 AMERICAN GREETINGS CORP-CL A COMMON 026375105 26104 1343500 SH SOLE 1 1343500 AMERICAN GREETINGS CORP-CL A COMMON 026375105 27229 1401400 SH DEFINED 4 1401400 AMERICAN GREETINGS CORP-CL A COMMON 026375105 11751 604800 SH DEFINED 4 604800 ANGELICA CORP. COMMON 034663104 6519 343100 SH SOLE 1 343100 ANGELICA CORP. COMMON 034663104 5527 290900 SH DEFINED 4 290900 ANGELICA CORP. COMMON 034663104 4190 220500 SH DEFINED 4 220500 APRIA HEALTHCARE GROUP, INC. COMMON 037933108 9416 343900 SH SOLE 1 343900 APRIA HEALTHCARE GROUP, INC. COMMON 037933108 8 300 SH DEFINED 5 300 APRIA HEALTHCARE GROUP, INC. COMMON 037933108 6242 227980 SH DEFINED 4 227980 ARROW ELECTRONICS INC. COMMON 042735100 23907 1300000 SH SOLE 1 1300000 ARROW ELECTRONICS INC. COMMON 042735100 19079 1037450 SH DEFINED 4 1037450 ARROW ELECTRONICS INC. COMMON 042735100 8084 439600 SH DEFINED 4 439600 AVNET, INC. COMMON 053807103 41754 2527500 SH SOLE 1 2527500 AVNET, INC. COMMON 053807103 41499 2512065 SH DEFINED 4 2512065 AVNET, INC. COMMON 053807103 24121 1460100 SH DEFINED 4 1460100 BELDEN INC. COMMON 077459105 8810 504300 SH SOLE 1 504300 BELDEN INC. COMMON 077459105 1242 71100 SH DEFINED 4 71100 BELDEN INC. COMMON 077459105 4775 273300 SH DEFINED 4 273300 BIG LOTS, INC. COMMON 089302103 41106 2600000 SH SOLE 1 2600000 BIG LOTS, INC. COMMON 089302103 57 3600 SH DEFINED 5 3600 BIG LOTS, INC. COMMON 089302103 441 27900 SH DEFINED 5 27900 BIG LOTS, INC. COMMON 089302103 39335 2488000 SH DEFINED 4 2488000 BIG LOTS, INC. COMMON 089302103 23275 1472200 SH DEFINED 4 1472200 BLACK BOX CORPORATION COMMON 091826107 15160 380800 SH SOLE 1 380800 BLACK BOX CORPORATION COMMON 091826107 1720 43200 SH DEFINED 1 43200 THE BRINKS COMPANY COMMON 109696104 4470 257500 SH SOLE 1 257500 THE BRINKS COMPANY COMMON 109696104 36 2100 SH DEFINED 5 2100 THE BRINKS COMPANY COMMON 109696104 292 16800 SH DEFINED 5 16800 BROWN & BROWN INC. COMMON 115236101 10090 327800 SH SOLE 1 327800 BROWN & BROWN INC. COMMON 115236101 369 12000 SH DEFINED 1 12000 CEC ENTERTAINMENT INC COMMON 125137109 3724 95000 SH SOLE 1 95000 CEC ENTERTAINMENT INC COMMON 125137109 1396 35600 SH DEFINED 1 35600 CKE RESTAURANTS, INC. COMMON 12561E105 806 125000 SH DEFINED 4 125000 CKE RESTAURANTS, INC. CV CONVERT 12561EAB1 22361 22250 PRN SOLE 1 22250 CKE RESTAURANTS, INC. CV CONVERT 12561EAB1 60 60 PRN DEFINED 5 60 CKE RESTAURANTS, INC. CV CONVERT 12561EAB1 538 535 PRN DEFINED 5 535 CKE RESTAURANTS, INC. CV CONVERT 12561EAB1 5000 4975 PRN DEFINED 4 4975 CKE RESTAURANTS, INC. CV CONVERT 12561EAB1 1307 1300 PRN DEFINED 4 1300 CPI CORP. COMMON 125902106 672 36500 SH DEFINED 4 36500 CAL DIVE INTERNATIONAL, INC. COMMON 127914109 21870 1125000 SH SOLE 1 1125000 CAL DIVE INTERNATIONAL, INC. COMMON 127914109 2492 128200 SH DEFINED 1 128200 CARMAX INC COMMON 143130102 23352 714989 SH SOLE 1 714989 CARMAX INC COMMON 143130102 3724 114013 SH DEFINED 1 114013 CARNIVAL CORPORATION COMMON 143658300 20609 626600 SH SOLE 1 626600 CENTEX CORPORATION COMMON 152312104 26985 346500 SH SOLE 1 346500 CENTEX CORPORATION COMMON 152312104 24579 315600 SH DEFINED 4 315600 CENTEX CORPORATION COMMON 152312104 11737 150700 SH DEFINED 4 150700 CHAMPION ENTERPRISES, INC. COMMON 158496109 12743 2006800 SH SOLE 1 2006800 CHAMPION ENTERPRISES, INC. COMMON 158496109 16236 2556900 SH DEFINED 4 2556900 CHAMPION ENTERPRISES, INC. COMMON 158496109 10081 1587600 SH DEFINED 4 1587600 CHARLES RIVER LABORATORIES INT'L COMMON 159864107 2142 69800 SH SOLE 1 69800 CHARLES RIVER LABORATORIES INT'L COMMON 159864107 841 27400 SH DEFINED 1 27400 CHARMING SHOPPES, INC. COMMON 161133103 43316 7586000 SH SOLE 1 7586000 CHARMING SHOPPES, INC. COMMON 161133103 91 16000 SH DEFINED 5 16000 CHARMING SHOPPES, INC. COMMON 161133103 600 105000 SH DEFINED 5 105000 CHARMING SHOPPES, INC. COMMON 161133103 34740 6084100 SH DEFINED 4 6084100 CHARMING SHOPPES, INC. COMMON 161133103 17073 2990000 SH DEFINED 4 2990000 CHECKPOINT SYSTEMS, INC. CV CONVERT 162825AB9 4000 4000 PRN SOLE 1 4000 COACHMEN INDS INC. COMMON 189873102 12026 1027000 SH SOLE 1 1027000 COACHMEN INDS INC. COMMON 189873102 28 2400 SH DEFINED 5 2400 COACHMEN INDS INC. COMMON 189873102 228 19500 SH DEFINED 5 19500 COACHMEN INDS INC. COMMON 189873102 11546 986000 SH DEFINED 4 986000 COACHMEN INDS INC. COMMON 189873102 6328 540400 SH DEFINED 4 540400 COGNEX CORPORATION COMMON 192422103 18272 695000 SH SOLE 1 695000 COGNEX CORPORATION COMMON 192422103 2637 100300 SH DEFINED 1 100300 CONSECO, INC. COMMON 208464883 48268 2672619 SH SOLE 1 2672619 CONSECO, INC. COMMON 208464883 5 273 SH DEFINED 5 273 CONSECO, INC. COMMON 208464883 79 4382 SH DEFINED 5 4382 CONSECO, INC. COMMON 208464883 5278 292262 SH DEFINED 4 292262 CRANE CO. COMMON 224399105 15076 644000 SH SOLE 1 644000 CRANE CO. COMMON 224399105 1803 77000 SH DEFINED 1 77000 CROWN AMERICAN REALTY (REIT) COMMON 228186102 12 1000 SH DEFINED 5 1000 CROWN AMERICAN REALTY (REIT) COMMON 228186102 425 35750 SH DEFINED 5 35750 CROWN AMERICAN REALTY 11.00% PFD COMMON 228186201 11374 197800 SH SOLE 1 197800 CROWN AMERICAN REALTY 11.00% PFD COMMON 228186201 69 1200 SH DEFINED 5 1200 CROWN AMERICAN REALTY 11.00% PFD COMMON 228186201 58 1000 SH DEFINED 5 1000 DRS TECHNOLOGIES, INC COMMON 23330X100 1013 42000 SH SOLE 1 42000 DENISON INTERNATIONAL PLC-ADR COMMON 248335101 15581 764500 SH SOLE 1 764500 DENISON INTERNATIONAL PLC-ADR COMMON 248335101 815 40000 SH DEFINED 1 40000 DUKE-WEEKS REALTY CORP. SER. B COMMON 264411885 2080 40000 SH SOLE 1 40000 DYCOM INDUSTRIES, INC. COMMON 267475101 13170 645900 SH SOLE 1 645900 DYCOM INDUSTRIES, INC. COMMON 267475101 37 1800 SH DEFINED 5 1800 DYCOM INDUSTRIES, INC. COMMON 267475101 277 13600 SH DEFINED 5 13600 DYCOM INDUSTRIES, INC. COMMON 267475101 5473 268400 SH DEFINED 4 268400 DYCOM INDUSTRIES, INC. COMMON 267475101 8972 440000 SH DEFINED 4 440000 ENSCO INTERNATIONAL INCORPORATED COMMON 26874Q100 43886 1636300 SH SOLE 1 1636300 ENSCO INTERNATIONAL INCORPORATED COMMON 26874Q100 62 2300 SH DEFINED 5 2300 ENSCO INTERNATIONAL INCORPORATED COMMON 26874Q100 402 15000 SH DEFINED 5 15000 ENSCO INTERNATIONAL INCORPORATED COMMON 26874Q100 31809 1186000 SH DEFINED 4 1186000 ENSCO INTERNATIONAL INCORPORATED COMMON 26874Q100 16846 628100 SH DEFINED 4 628100 ENGELHARD CORPORATION COMMON 292845104 16325 590000 SH SOLE 1 590000 ENGELHARD CORPORATION COMMON 292845104 2167 78300 SH DEFINED 1 78300 EXABYTE CORP COMMON 300615101 696 1513600 SH SOLE 1 1513600 EXABYTE CORP COMMON 300615101 559 1214500 SH DEFINED 4 1214500 EXABYTE CORP COMMON 300615101 263 572700 SH DEFINED 4 572700 FLEETWOOD CAPITAL TR 9.50% CV PF COMMON 339079204 4510 85100 SH SOLE 1 85100 FLEETWOOD CAPITAL TR 9.50% CV PF COMMON 339079204 16 300 SH DEFINED 5 300 FLEETWOOD CAPITAL TR 9.50% CV PF COMMON 339079204 159 3000 SH DEFINED 5 3000 FLEETWOOD CAPITAL TR 9.50% CV PF COMMON 339079204 668 12600 SH DEFINED 4 12600 FLEETWOOD ENTERPRISES, INC. COMMON 339099103 10966 1183000 SH SOLE 1 1183000 FLEETWOOD ENTERPRISES, INC. COMMON 339099103 14580 1572826 SH DEFINED 4 1572826 FLEETWOOD ENTERPRISES, INC. COMMON 339099103 10484 1131000 SH DEFINED 4 1131000 FLORIDA ROCK INDS INC COMMON 341140101 7306 147300 SH DEFINED 4 147300 FLORIDA ROCK INDS INC COMMON 341140101 7698 155200 SH DEFINED 4 155200 FOOT LOCKER, INC. COMMON 344849104 20320 1254300 SH SOLE 1 1254300 FOOT LOCKER, INC. COMMON 344849104 24 1500 SH DEFINED 5 1500 FOOT LOCKER, INC. COMMON 344849104 186 11500 SH DEFINED 5 11500 FOOT LOCKER, INC. COMMON 344849104 17418 1075200 SH DEFINED 4 1075200 GRACO, INC. COMMON 384109104 19336 514950 SH SOLE 1 514950 GRACO, INC. COMMON 384109104 1391 37050 SH DEFINED 1 37050 HON INDUSTRIES INC. COMMON 438092108 19034 515000 SH SOLE 1 515000 HON INDUSTRIES INC. COMMON 438092108 1948 52700 SH DEFINED 1 52700 HORACE MANN EDUCATORS CORP. COMMON 440327104 9143 630100 SH SOLE 1 630100 HORACE MANN EDUCATORS CORP. COMMON 440327104 9021 621700 SH DEFINED 4 621700 HORACE MANN EDUCATORS CORP. COMMON 440327104 6781 467300 SH DEFINED 4 467300 HUTCHINSON TECHNOLOGY INC. COMMON 448407106 28684 866600 SH SOLE 1 866600 HUTCHINSON TECHNOLOGY INC. COMMON 448407106 27893 842700 SH DEFINED 4 842700 HUTCHINSON TECHNOLOGY INC. COMMON 448407106 10857 328000 SH DEFINED 4 328000 IHOP CORP. COMMON 449623107 1560 47500 SH SOLE 1 47500 IHOP CORP. COMMON 449623107 26 800 SH DEFINED 5 800 IHOP CORP. COMMON 449623107 217 6600 SH DEFINED 5 6600 IDEX CORP. COMMON 45167R104 17364 476500 SH SOLE 1 476500 IDEX CORP. COMMON 45167R104 1742 47800 SH DEFINED 1 47800 INTERACTIVE DATA CORPORATION COMMON 45840J107 2765 175000 SH SOLE 1 175000 INTERACTIVE DATA CORPORATION COMMON 45840J107 44 2800 SH DEFINED 5 2800 INTERACTIVE DATA CORPORATION COMMON 45840J107 414 26200 SH DEFINED 5 26200 I2 TECHNOLOGIES, INC. CV CONVERT 465754AF6 15120 18900 PRN SOLE 1 18900 I2 TECHNOLOGIES, INC. CV CONVERT 465754AF6 3980 4975 PRN DEFINED 4 4975 IVAX CORPORATION CV CONVERT 465823AD4 3030 3000 PRN SOLE 1 3000 JO-ANN STORES, INC. -CLASS B COMMON 47758P208 31644 1296900 SH DEFINED 4 1296900 JO-ANN STORES, INC. - CLASS B COMMON 47758P208 10817 443300 SH DEFINED 4 443300 JO-ANN STORES, INC. - CLASS A COMMON 47758P109 5030 180300 SH DEFINED 4 180300 JO-ANN STORES, INC. - CLASS A COMMON 47758P109 6012 215500 SH DEFINED 4 215500 JOY GLOBAL INC. COMMON 481165108 18293 1165165 SH SOLE 1 1165165 JOY GLOBAL INC. COMMON 481165108 59 3779 SH DEFINED 5 3779 JOY GLOBAL INC. COMMON 481165108 428 27232 SH DEFINED 5 27232 JOY GLOBAL INC. COMMON 481165108 13954 888800 SH DEFINED 4 888800 JOY GLOBAL INC. COMMON 481165108 8301 528700 SH DEFINED 4 528700 KEMET CORPORATION COMMON 488360108 7526 590700 SH SOLE 1 590700 KEMET CORPORATION COMMON 488360108 670 52600 SH DEFINED 1 52600 KNIGHT TRANSPORTATION, INC. COMMON 499064103 514 20500 SH SOLE 1 20500 KNIGHT TRANSPORTATION, INC. COMMON 499064103 273 10900 SH DEFINED 1 10900 LA-Z-BOY INCORPORATED COMMON 505336107 1443 65000 SH DEFINED 4 65000 LANDAUER INC COMMON 51476K103 1020 28800 SH SOLE 1 28800 LANDAUER INC COMMON 51476K103 35 1000 SH DEFINED 1 1000 LIGHTBRIDGE, INC. COMMON 532226107 1886 200000 SH SOLE 1 200000 LIGHTBRIDGE, INC. COMMON 532226107 14 1500 SH DEFINED 5 1500 LIGHTBRIDGE, INC. COMMON 532226107 95 10100 SH DEFINED 5 10100 LIGHTBRIDGE, INC. COMMON 532226107 647 68600 SH DEFINED 4 68600 LINCARE HOLDINGS INC. COMMON 532791100 19828 541000 SH SOLE 1 541000 LINCARE HOLDINGS INC. COMMON 532791100 2298 62700 SH DEFINED 1 62700 MANPOWER INC. COMMON 56418H100 15953 430000 SH SOLE 1 430000 MANPOWER INC. COMMON 56418H100 1829 49300 SH DEFINED 1 49300 MASCOTECH, INC. CV CONVERT 574670AB1 4148 4200 PRN SOLE 1 4200 MICHAELS STORES, INC. COMMON 594087108 70331 1725500 SH SOLE 1 1725500 MICHAELS STORES, INC. COMMON 594087108 118 2900 SH DEFINED 5 2900 MICHAELS STORES, INC. COMMON 594087108 856 21000 SH DEFINED 5 21000 MICHAELS STORES, INC. COMMON 594087108 56779 1393000 SH DEFINED 4 1393000 MICHAELS STORES, INC. COMMON 594087108 22663 556000 SH DEFINED 4 556000 NATIONAL COMMERCE FINANCIAL CORP COMMON 63545P104 18207 731800 SH SOLE 1 731800 NATIONAL COMMERCE FINANCIAL CORP COMMON 63545P104 2182 87700 SH DEFINED 1 87700 NATIONAL-OILWELL, INC. COMMON 637071101 49040 2703400 SH SOLE 1 2703400 NATIONAL-OILWELL, INC. COMMON 637071101 82 4500 SH DEFINED 5 4500 NATIONAL-OILWELL, INC. COMMON 637071101 590 32500 SH DEFINED 5 32500 NATIONAL-OILWELL, INC. COMMON 637071101 34337 1892900 SH DEFINED 4 1892900 NATIONAL-OILWELL, INC. COMMON 637071101 11307 623300 SH DEFINED 4 623300 NEW PLAN EXCEL REALTY TRUST COMMON 648053106 6521 279864 SH SOLE 1 279864 NEW YORK COMMUNITY BANCORP, INC COMMON 649445103 3151 100000 SH SOLE 1 100000 NEW YORK COMMUNITY BANCORP, INC COMMON 649445103 19 600 SH DEFINED 5 600 NEW YORK COMMUNITY BANCORP, INC COMMON 649445103 176 5600 SH DEFINED 5 5600 NEWHALL LAND & FARMING COMPANY COMMON 651426108 1580 40000 SH SOLE 1 40000 NEWPORT CORPORATION COMMON 651824104 1551 110000 SH SOLE 1 110000 NEWPORT CORPORATION COMMON 651824104 15 1050 SH DEFINED 5 1050 NEWPORT CORPORATION COMMON 651824104 113 8000 SH DEFINED 5 8000 NEWPORT CORPORATION COMMON 651824104 423 30000 SH DEFINED 4 30000 NORTH FORK BANCORPORATION, INC. COMMON 659424105 19981 575000 SH SOLE 1 575000 NORTH FORK BANCORPORATION, INC. COMMON 659424105 2280 65600 SH DEFINED 1 65600 OM GROUP INC COMMON 670872100 6222 425000 SH SOLE 1 425000 OM GROUP INC COMMON 670872100 697 47600 SH DEFINED 1 47600 OCULAR SCIENCES, INC. COMMON 675744106 21409 960900 SH SOLE 1 960900 OCULAR SCIENCES, INC. COMMON 675744106 1860 83500 SH DEFINED 1 83500 OFFICE DEPOT, INC. COMMON 676220106 19600 1395000 SH SOLE 1 1395000 OFFICE DEPOT, INC. COMMON 676220106 2254 160400 SH DEFINED 1 160400 OREGON STEEL MLS INC. COMMON 686079104 3168 1191000 SH SOLE 1 1191000 OREGON STEEL MLS INC. COMMON 686079104 4266 1603700 SH DEFINED 4 1603700 OREGON STEEL MLS INC. COMMON 686079104 2667 1002700 SH DEFINED 4 1002700 O'REILLY AUTOMOTIVE, INC. COMMON 686091109 31920 868100 SH SOLE 1 868100 O'REILLY AUTOMOTIVE, INC. COMMON 686091109 3008 81800 SH DEFINED 1 81800 PG&E CORPORATION COMMON 69331C108 3107 130000 SH SOLE 1 130000 PG&E CORPORATION COMMON 69331C108 29 1200 SH DEFINED 5 1200 PALM HARBOR HOMES, INC. COMMON 696639103 394 23000 SH SOLE 1 23000 PALM HARBOR HOMES, INC. COMMON 696639103 6 350 SH DEFINED 5 350 PALM HARBOR HOMES, INC. COMMON 696639103 42 2450 SH DEFINED 5 2450 PATHMARK STORES, INC. -WARRANTS COMMON 70322A119 104 80898 SH SOLE 1 80898 PATTERSON-UTI ENERGY, INC. COMMON 703481101 47486 1754200 SH SOLE 1 1754200 PATTERSON-UTI ENERGY, INC. COMMON 703481101 84 3100 SH DEFINED 5 3100 PATTERSON-UTI ENERGY, INC. COMMON 703481101 596 22000 SH DEFINED 5 22000 PATTERSON-UTI ENERGY, INC. COMMON 703481101 35283 1303400 SH DEFINED 4 1303400 PATTERSON-UTI ENERGY, INC. COMMON 703481101 12506 462000 SH DEFINED 4 462000 PLAINS EXPLORATION&PRODUCTION CO COMMON 726505100 1621 130000 SH SOLE 1 130000 PLAINS EXPLORATION&PRODUCTION CO COMMON 726505100 24 1900 SH DEFINED 5 1900 PLAINS EXPLORATION&PRODUCTION CO COMMON 726505100 180 14400 SH DEFINED 5 14400 PLAINS RESOURCES, INC. COMMON 726540503 1619 130000 SH SOLE 1 130000 PLAINS RESOURCES, INC. COMMON 726540503 24 1900 SH DEFINED 5 1900 PLAINS RESOURCES, INC. COMMON 726540503 179 14400 SH DEFINED 5 14400 PLANTRONICS, INC. COMMON 727493108 13606 570000 SH SOLE 1 570000 PLANTRONICS, INC. COMMON 727493108 1936 81100 SH DEFINED 1 81100 PRECISION DRILLING CORPORATION COMMON 74022D100 313 8300 SH DEFINED 4 8300 PROLOGIS TRUST 7.92% SERIES D CONVERT 743410508 2020 80 PRN SOLE 1 80 QWEST COMMUNICATION INT'L INC. COMMON 749121109 16915 4975000 SH SOLE 1 4975000 QWEST COMMUNICATION INT'L INC. COMMON 749121109 12899 3793700 SH DEFINED 4 3793700 REEBOK INTERNATIONAL LTD. COMMON 758110100 23164 692900 SH SOLE 1 692900 REEBOK INTERNATIONAL LTD. COMMON 758110100 23953 716500 SH DEFINED 4 716500 REEBOK INTERNATIONAL LTD. COMMON 758110100 10029 300000 SH DEFINED 4 300000 RENAL CARE GROUP, INC. COMMON 759930100 18612 545000 SH SOLE 1 545000 RENAL CARE GROUP, INC. COMMON 759930100 2182 63900 SH DEFINED 1 63900 REPTRON ELECTRONICS, INC. CV CONVERT 76026WAA7 2702 6755 PRN SOLE 1 6755 ROCKFORD CORPORATION COMMON 77316P101 205 30000 SH DEFINED 4 30000 ROSS STORES INC. COMMON 778296103 44677 963700 SH SOLE 1 963700 ROSS STORES INC. COMMON 778296103 46 1000 SH DEFINED 5 1000 ROSS STORES INC. COMMON 778296103 88 1900 SH DEFINED 5 1900 ROSS STORES INC. COMMON 778296103 45563 982800 SH DEFINED 4 982800 ROSS STORES INC. COMMON 778296103 19008 410000 SH DEFINED 4 410000 ROUGE INDUSTRIES, INC. - CLASS A COMMON 779088103 339 752300 SH SOLE 1 752300 ROUGE INDUSTRIES, INC. - CLASS A COMMON 779088103 587 1305300 SH DEFINED 4 1305300 ROUGE INDUSTRIES, INC. - CLASS A COMMON 779088103 373 829400 SH DEFINED 4 829400 ROWAN COMPANIES, INC. COMMON 779382100 17629 717200 SH SOLE 1 717200 ROWAN COMPANIES, INC. COMMON 779382100 19792 805200 SH DEFINED 4 805200 SM&A COMMON 78465D105 633 55000 SH SOLE 1 55000 SANDISK CORPORATION COMMON 80004C101 40156 630000 SH SOLE 1 630000 SANDISK CORPORATION COMMON 80004C101 4640 72800 SH DEFINED 1 72800 SCANSOURCE, INC. COMMON 806037107 19512 534000 SH SOLE 1 534000 SCANSOURCE, INC. COMMON 806037107 3303 90400 SH DEFINED 1 90400 STAGE STORES, INC. COMMON 85254C305 5491 215500 SH SOLE 1 215500 STAGE STORES, INC. COMMON 85254C305 76 3000 SH DEFINED 5 3000 STAGE STORES, INC. COMMON 85254C305 357 14000 SH DEFINED 5 14000 STANCORP FINANCIAL GROUP, INC. COMMON 852891100 230 4000 SH DEFINED 5 4000 STANDARD MOTOR PRODUCTS CV CONVERT 853666AB1 8108 9110 PRN SOLE 1 9110 STANDARD MOTOR PRODUCTS CV CONVERT 853666AB1 312 350 PRN DEFINED 4 350 THOR INDS. INC. COMMON 885160101 28566 528800 SH SOLE 1 528800 THOR INDS. INC. COMMON 885160101 29684 549500 SH DEFINED 4 549500 THOR INDS. INC. COMMON 885160101 12560 232500 SH DEFINED 4 232500 TIDEWATER INC COMMON 886423102 19988 706300 SH SOLE 1 706300 TIDEWATER INC COMMON 886423102 2355 83200 SH DEFINED 1 83200 TRINITY INDUSTRIES, INC. COMMON 896522109 44139 1707500 SH SOLE 1 1707500 TRINITY INDUSTRIES, INC. COMMON 896522109 59 2300 SH DEFINED 5 2300 TRINITY INDUSTRIES, INC. COMMON 896522109 313 12100 SH DEFINED 5 12100 TRINITY INDUSTRIES, INC. COMMON 896522109 34450 1332700 SH DEFINED 4 1332700 TRINITY INDUSTRIES, INC. COMMON 896522109 13145 508500 SH DEFINED 4 508500 TRIQUINT SEMICONDUCTOR, INC. COMMON 89674K103 8968 1601466 SH SOLE 1 1601466 TRIQUINT SEMICONDUCTOR, INC. COMMON 89674K103 917 163775 SH DEFINED 1 163775 VENTAS INC. COMMON 92276F100 4794 280000 SH SOLE 1 280000 VENTAS INC. COMMON 92276F100 65 3800 SH DEFINED 5 3800 VENTAS INC. COMMON 92276F100 455 26600 SH DEFINED 5 26600 WFS FINANCIAL, INC. COMMON 92923B106 13212 356800 SH SOLE 1 356800 WFS FINANCIAL, INC. COMMON 92923B106 74 2000 SH DEFINED 5 2000 WFS FINANCIAL, INC. COMMON 92923B106 463 12500 SH DEFINED 5 12500 WFS FINANCIAL, INC. COMMON 92923B106 30903 834538 SH DEFINED 4 834538 WESTCORP, INC. COMMON 957907108 20746 593600 SH SOLE 1 593600 WESTCORP, INC. COMMON 957907108 14107 403647 SH DEFINED 4 403647 WINNEBAGO INDUSTRIES, INC. COMMON 974637100 557 12500 SH DEFINED 4 12500 ZALE CORPORATION COMMON 988858106 26646 600000 SH SOLE 1 600000 ZALE CORPORATION COMMON 988858106 20 450 SH DEFINED 5 450 ZALE CORPORATION COMMON 988858106 160 3600 SH DEFINED 5 3600 ZALE CORPORATION COMMON 988858106 25851 582100 SH DEFINED 4 582100 ZALE CORPORATION COMMON 988858106 14540 327400 SH DEFINED 4 327400 ZEBRA TECHNOLOGIES CORP. CLASS A COMMON 989207105 17250 334500 SH SOLE 1 334500 ZEBRA TECHNOLOGIES CORP. CLASS A COMMON 989207105 1849 35850 SH DEFINED 1 35850 CELANESE AG COMMON D1497A101 42262 1279500 SH SOLE 1 1279500 CELANESE AG COMMON D1497A101 104 3150 SH DEFINED 5 3150 CELANESE AG COMMON D1497A101 793 24000 SH DEFINED 5 24000 CELANESE AG COMMON D1497A101 38460 1164400 SH DEFINED 4 1164400 CELANESE AG COMMON D1497A101 25050 758400 SH DEFINED 4 758400 GLOBALSANTAFE CORPORATION COMMON G3930E101 8608 359398 SH SOLE 1 359398 GLOBALSANTAFE CORPORATION COMMON G3930E101 38 1600 SH DEFINED 5 1600 GLOBALSANTAFE CORPORATION COMMON G3930E101 283 11800 SH DEFINED 5 11800 NOBLE CORPORATION COMMON G65422100 23283 685000 SH SOLE 1 685000 NOBLE CORPORATION COMMON G65422100 2634 77500 SH DEFINED 1 77500 CORE LABORATORIES N.V. COMMON N22717107 3161 225000 SH DEFINED 4 225000 CORE LABORATORIES N.V. COMMON N22717107 4548 323700 SH DEFINED 4 323700