UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 2005
Check here if Amendment [ ]; Amendment Number: _____
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: BP p.l.c.
Address: 1 St James's Square
London SW1Y 4PD
England
Form 13F File Number: 28-05353
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: Dr. Byron E. Grote
Title: Chief Financial Officer and Executive Director
Phone: 020 7496 4263
Signature, Place, and Date of Signing:
/s/ Byron Grote London, UK November 2nd 2005
------------------ ------------------ ------------------
[Signature] [City,State] [Date]
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT. (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).)
List of Other Managers Reporting for this Manager:
Form 13F File Number Name
28-________________ _______________
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
------------
Form 13F Information Table Entry Total: 396
------------
Form 13F Information Table Value Total: $ 1,221,734
------------
(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
01 28-05357 BP Investment Management Limited
BP P.L.C.
FORM 13F INFORMATION TABLE
SEPTEMBER 30, 2005
TITLE
OF VALUE SHARES SH/ INVESTMENT VOTING AUTHORITY
ISSUER CLASS CUSIP (x$1000) /PRN AMT PRN DISCRETION MANAGERS SOLE SHARED NONE
3M COM 88579Y101 5869 80000 SH DEFINED 01 80000
ABBOTT LABORATORIES COM 002824100 7420 175000 SH DEFINED 01 175000
ACE LTD COM G0070K103 1718 36500 SH DEFINED 01 36500
ADEZA BIOCHEMICAL CORP COM STK COM 006864102 208 11968 SH SOLE 11968
ADOBE SYS COM 00724F101 1493 50000 SH DEFINED 01 50000
ADVANCED MICRO DEVICES COM 007903107 1260 50000 SH DEFINED 01 50000
AES CORP COM 00130H105 1249 76000 SH DEFINED 01 76000
AETNA COM 00817Y108 3101 36000 SH DEFINED 01 36000
AFFILIATED COMPUTER SERVICES COM 008190100 764 14000 SH DEFINED 01 14000
AFLAC COM 001055102 2378 52500 SH DEFINED 01 52500
AGILENT TECHNOLOGIES COM 00846U101 1703 52000 SH DEFINED 01 52000
AIR PRODUCTS & CHEMS COM 009158106 1654 30000 SH DEFINED 01 30000
ALBERTSONS COM 013104104 898 35000 SH DEFINED 01 35000
ALCOA COM 013817101 2149 88000 SH DEFINED 01 88000
ALLEGHENY ENERGY COM 017361106 1229 40000 SH DEFINED 01 40000
ALLEGHENY TECHNOLOGIES COM 01741R102 310 10000 SH DEFINED 01 10000
ALLOS THERAPEUTICS COM STK USD COM 019777101 108 44172 SH SOLE 44172
ALLSTATE COM 020002101 4423 80000 SH DEFINED 01 80000
ALLTEL COM 020039103 3288 50500 SH DEFINED 01 50500
ALTERA COM 021441100 956 50000 SH DEFINED 01 50000
ALTRIA COM 02209S103 15848 215000 SH DEFINED 01 215000
AMBAC FINANCIAL GRP COM 023139108 829 11500 SH DEFINED 01 11500
AMER ELEC POWER COM 025537101 1588 40000 SH DEFINED 01 40000
AMERADA HESS COM 023551104 1375 10000 SH DEFINED 01 10000
AMEREN COM 023608102 1070 20000 SH DEFINED 01 20000
AMERICA MOVIL A ADR ADR 02364W204 7872 300000 SH DEFINED 01 300000
AMERICA MOVIL L ADR ADR 02364W105 3737 142000 SH DEFINED 01 142000
AMERICAN EXPRESS COM 025816109 8846 154000 SH DEFINED 01 154000
AMERICAN INTL GROUP COM 026874107 18526 299000 SH DEFINED 01 299000
AMERICAN POWER CONVERSION COM 029066107 518 20000 SH DEFINED 01 20000
AMERICAN STANDARD COM 029712106 1024 22000 SH DEFINED 01 22000
AMGEN COM 031162100 11552 145000 SH DEFINED 01 145000
AMSOUTH BANCORP COM 032165102 884 35000 SH DEFINED 01 35000
ANADARKO PETROLEUM COM 032511107 2394 25000 SH DEFINED 01 25000
ANALOG DEVICES COM 032654105 1486 40000 SH DEFINED 01 40000
ANHEUSER BUSCH COM $US1 COM 035229103 3013 70000 SH DEFINED 01 70000
APACHE COM 037411105 2482 33000 SH DEFINED 01 33000
APPLE COMPUTER COM 037833100 4503 84000 SH DEFINED 01 84000
APPLERA CORP-APPLIED BIOSYS COM 038020103 232 10000 SH DEFINED 01 10000
APPLIED MATERIALS COM 038222105 2917 172000 SH DEFINED 01 172000
APPOLLO COM 037604105 1261 19000 SH DEFINED 01 19000
AT & T COMCAST ' A ' COM 20030N101 6757 230000 SH DEFINED 01 230000
AT & T CORP COM 001957505 1642 82909 SH DEFINED 01 82909
AUTO DATA PROCESS COM 053015103 2841 66000 SH DEFINED 01 66000
AUTODESK COM 052769106 1161 25000 SH DEFINED 01 25000
AVAYA COM COM 053499109 721 70000 SH DEFINED 01 70000
AVON PRODUCTS COM 054303102 1620 60000 SH DEFINED 01 60000
BAKBONE SOFTWARE ICOM NPV COM 057101107 174 87949 SH SOLE 87949
BAKER HUGHES COM 057224107 3133 52500 SH DEFINED 01 52500
BANCO BRADESCO S A ADR 059460303 978 20000 SH DEFINED 01 20000
BANCO ITAU ADR ADR 059602201 653 5500 SH DEFINED 01 5500
BANK OF AMERICA COM 060505104 18314 435000 SH DEFINED 01 435000
BANK OF NEW YORK COM COM 064057102 2353 80000 SH DEFINED 01 80000
BAXTER INTERNATIONAL COM 071813109 2492 62500 SH DEFINED 01 62500
BB&T COM 054937107 1953 50000 SH DEFINED 01 50000
BECTON DICKINSON COM 075887109 1311 25000 SH DEFINED 01 25000
BED BATH & BEYOND COM 075896100 1205 30000 SH DEFINED 01 30000
BELLSOUTH COM 079860102 5129 195000 SH DEFINED 01 195000
BEST BUY COM 086516101 2938 67500 SH DEFINED 01 67500
BIOGEN IDEC PHARMACEUTICAL COM 09062X103 1342 34000 SH DEFINED 01 34000
BJ SERVICES COM 055482103 1943 54000 SH DEFINED 01 54000
BLACK & DECKER COM COM 091797100 1231 15000 SH DEFINED 01 15000
BMC SOFTWARE COM 055921100 485 23000 SH DEFINED 01 23000
BOEING COM 097023105 5844 86000 SH DEFINED 01 86000
BOSTON SCIENTIFIC COM 101137107 1835 78500 SH DEFINED 01 78500
BRAZIL TELECOM ADR ADR 105530109 532 12500 SH DEFINED 01 12500
BRISTOL MYERS SQUIBB COM 110122108 4812 200000 SH DEFINED 01 200000
BROADCOM CL A COM 111320107 1501 32000 SH DEFINED 01 32000
BURLINGTON NTH SANTA COM 12189T104 2332 39000 SH DEFINED 01 39000
BURLINGTON RESOURCES COM 122014103 3253 40000 SH DEFINED 01 40000
BUTTERFIELD FD MGR THAI EURO COM 335020905 3477 180000 SH DEFINED 01 180000
CALPINE COM 131347106 142 55000 SH DEFINED 01 55000
CAPITAL ONE COM 14040H105 2704 34000 SH DEFINED 01 34000
CARDINAL HEALTH COM 14149Y108 2855 45000 SH DEFINED 01 45000
CAREMARK COM 141705103 2247 45000 SH DEFINED 01 45000
CARNIVAL CORP COM 143658300 3249 65000 SH DEFINED 01 65000
CARSO GLB TEL ADR (2 ORD) ADR 14574P101 643 160000 SH DEFINED 01 160000
CATERPILLAR COM 149123101 4054 69000 SH DEFINED 01 69000
CEMEX ADR PART CER(5 CPO) ADR 151290889 7065 135086 SH DEFINED 01 135086
CEMIG ADR ADR 204409601 381 10000 SH DEFINED 01 10000
CENDANT COM 151313103 2250 109000 SH DEFINED 01 109000
CENTERPOINT ENERGY COM 15189T107 1130 76000 SH DEFINED 01 76000
CENTEX COM 152312104 323 5000 SH DEFINED 01 5000
CHEVRON CORPORATION COM 166764100 15302 236403 SH DEFINED 01 236403
CHIRON COM 170040109 654 15000 SH DEFINED 01 15000
CHUBB COM 171232101 1791 20000 SH DEFINED 01 20000
CIENA COM 171779101 132 50000 SH DEFINED 01 50000
CIGNA COM 125509109 2947 25000 SH DEFINED 01 25000
CINERGY COM 172474108 977 22000 SH DEFINED 01 22000
CINTAS COM 172908105 862 21000 SH DEFINED 01 21000
CISCO SYS COM 17275R102 11959 667000 SH DEFINED 01 667000
CITIGRP COM 172967101 27297 599669 SH DEFINED 01 599669
CITIZENS COMMUNICATIONS COM 17453B101 718 53000 SH DEFINED 01 53000
CITRIX COM 177376100 503 20000 SH DEFINED 01 20000
CLEAR CHANNEL COMM COM 184502102 1645 50000 SH DEFINED 01 50000
COCA COLA COM 191216100 10798 250000 SH DEFINED 01 250000
COCA COLA ENTERPRISES COM 191219104 692 35500 SH DEFINED 01 35500
COHN & STEERS ETF COM 464287564 8673 118000 SH DEFINED 01 118000
COLGATE-PALMOLIVE COM 194162103 2956 56000 SH DEFINED 01 56000
COMERICA COM 200340107 1031 17500 SH DEFINED 01 17500
COMP ASSOC INTL COM 204912109 1530 55000 SH DEFINED 01 55000
COMPANHIA DE BEBIDAS-PR -ADR ADR 20441W203 483 13000 SH DEFINED 01 13000
COMPANHIA DE VALE RIODOCE ADR ADR 204412209 1974 45000 SH DEFINED 01 45000
COMPUTER SCIENCES COM 205363104 1419 30000 SH DEFINED 01 30000
COMVERSE TECHNOLGY COM 205862402 525 20000 SH DEFINED 01 20000
CONAGRA COM 205887102 1188 48000 SH DEFINED 01 48000
CONOCOPHILLIPS COM 20825C104 10640 152200 SH DEFINED 01 152200
CONSTELLATION ENERGY COM 210371100 1478 24000 SH DEFINED 01 24000
CORNING COM 219350105 2610 135000 SH DEFINED 01 135000
COSTCO WHOLESALE COM 22160K105 1939 45000 SH DEFINED 01 45000
COUNTRYWIDE FINANCIAL COM 222372104 1814 55000 SH DEFINED 01 55000
CSX COM 126408103 1116 24000 SH DEFINED 01 24000
CUMMINS ENGINE COM 231021106 440 5000 SH DEFINED 01 5000
CVS COM 126650100 2901 100000 SH DEFINED 01 100000
D R HORTON COM 23331A109 978 27000 SH DEFINED 01 27000
DANAHER COM 235851102 1857 34500 SH DEFINED 01 34500
DEERE & CO COM 244199105 1591 26000 SH DEFINED 01 26000
DELL INC COM 24702R101 8482 248000 SH DEFINED 01 248000
DEVON ENERGY COM 25179M103 3432 50000 SH DEFINED 01 50000
DISNEY(WALT) COM 254687106 6723 278600 SH DEFINED 01 278600
DOLLAR GENERAL COM COM 256669102 917 50000 SH DEFINED 01 50000
DOMINION RESOURCES COM 25746U109 2980 34600 SH DEFINED 01 34600
DOVER CORP COM 260003108 816 20000 SH DEFINED 01 20000
DOW CHEMICAL COM 260543103 4025 96600 SH DEFINED 01 96600
DSL.NET INC COM STK USD0.0005 COM 262506108 234 2921050 SH SOLE 2921050
DTE ENERGY COM 233331107 642 14000 SH DEFINED 01 14000
DU PONT (EI) DE NEMOURS COM 263534109 4113 105000 SH DEFINED 01 105000
DUKE ENERGY COM 264399106 2932 100500 SH DEFINED 01 100500
EASTMAN KODAK COM 277461109 730 30000 SH DEFINED 01 30000
EATON CORP COM 278058102 998 15700 SH DEFINED 01 15700
EBAY COM 278642103 4903 119000 SH DEFINED 01 119000
ECOLAB INC COM 278865100 1277 40000 SH DEFINED 01 40000
EDISON INTERNATIONAL COM 281020107 2128 45000 SH DEFINED 01 45000
EL PASO COM 28336L109 1043 75000 SH DEFINED 01 75000
ELECTRONIC ARTS COM 285512109 1991 35000 SH DEFINED 01 35000
ELECTRONIC DATA SYST COM COM 285661104 1167 52000 SH DEFINED 01 52000
EMC COM 268648102 3364 260000 SH DEFINED 01 260000
EMERSON ELEC COM 291011104 3231 45000 SH DEFINED 01 45000
ENGELHARD COM 292845104 419 15000 SH DEFINED 01 15000
ENTERGY COM 29364G103 1635 22000 SH DEFINED 01 22000
EOG RESOURCES COM 26875P101 2996 40000 SH DEFINED 01 40000
EXELON COM 30161N101 3206 60000 SH DEFINED 01 60000
EXPRESS SCRIPTS COM 302182100 995 16000 SH DEFINED 01 16000
EXXON MOBIL COM 30231G102 41460 652500 SH DEFINED 01 652500
FANNIE MAE COM 313586109 4594 102500 SH DEFINED 01 102500
FEDERATED DEPT STORES COM 31410H101 1805 27000 SH DEFINED 01 27000
FEDEX COM 31428X106 2832 32500 SH DEFINED 01 32500
FIFTH THIRD BANCORP COM 316773100 2204 60000 SH DEFINED 01 60000
FIRST DATA COM 319963104 3360 84000 SH DEFINED 01 84000
FIRST ENERGY COM 337932107 1772 34000 SH DEFINED 01 34000
FISERV COM 337738108 1147 25000 SH DEFINED 01 25000
FLUOR COM 343412102 579 9000 SH DEFINED 01 9000
FOMENTO MEXACDR(1B2DB2DL) CDR 344419106 2797 40000 SH DEFINED 01 40000
FORD MOTOR (NEW) COM 345370860 1676 170000 SH DEFINED 01 170000
FOREST LABS COM 345838106 1383 35500 SH DEFINED 01 35500
FPL GROUP COM 302571104 2142 45000 SH DEFINED 01 45000
FRANKLIN RESOURCES COM 354613101 2351 28000 SH DEFINED 01 28000
FREDDIE MAC COM 313400301 3952 70000 SH DEFINED 01 70000
FREEPORT MCMORAN COPPER COM 35671D857 923 19000 SH DEFINED 01 19000
FREESCALE SEMI CONDUCTOR COM 35687M206 1085 46000 SH DEFINED 01 46000
GANNETT COM 364730101 2409 35000 SH DEFINED 01 35000
GAP COM 364760108 1220 70000 SH DEFINED 01 70000
GEDEON RICHTER GDR GDR 368467205 4015 22000 SH DEFINED 01 22000
GENERAL DYNAMICS COM 369550108 2391 20000 SH DEFINED 01 20000
GENERAL ELECTRIC COM 369604103 37374 1110000 SH DEFINED 01 1110000
GENERAL MILLS COM 370334104 2410 50000 SH DEFINED 01 50000
GENERAL MOTORS COM COM 370442105 1454 47500 SH DEFINED 01 47500
GENUINE PARTS COM 372460105 944 22000 SH DEFINED 01 22000
GENZYME COM 372917104 1791 25000 SH DEFINED 01 25000
GEORGIA PACIFIC COM 373298108 1226 36000 SH DEFINED 01 36000
GERDAU - ADR ADR 373737105 224 15000 SH DEFINED 01 15000
GILEAD SCIENCES COM 375558103 2438 50000 SH DEFINED 01 50000
GILLETTE COM 375766102 5820 100000 SH DEFINED 01 100000
GOL LINHAS AEREAS COM 38045R107 308 9500 SH DEFINED 01 9500
GOLDEN WEST FINL COM 381317106 2376 40000 SH DEFINED 01 40000
GOLDMAN SACHS COM 38141G104 6140 50500 SH DEFINED 01 50500
GPO CARSO ADR (2 A1) ADR 400485207 1253 300000 SH DEFINED 01 300000
GPO TELE GDR (2 PTG CERT) GDR 40049J206 2510 35000 SH DEFINED 01 35000
GUIDANT SHS COM 401698105 2204 32000 SH DEFINED 01 32000
H & R BLOCK COM 093671105 863 36000 SH DEFINED 01 36000
HALLIBURTON COM 406216101 4454 65000 SH DEFINED 01 65000
HARLEY DAVIDSON COM 412822108 1865 38500 SH DEFINED 01 38500
HARRAH'S ENTERTAINMENT COM 413619107 1793 27500 SH DEFINED 01 27500
HARTFORD FINL SERV COM 416515104 2315 30000 SH DEFINED 01 30000
HASBRO COM 418056107 393 20000 SH DEFINED 01 20000
HCA COM 404119109 2156 45000 SH DEFINED 01 45000
HEALTH MANAGEMENT ASSOCIATES COM 421933102 704 30000 SH DEFINED 01 30000
HEINZ (HJ) COM 423074103 1644 45000 SH DEFINED 01 45000
HELLENIC TELE ADR (OTE) ADR 423325307 279 27778 SH DEFINED 01 27778
HERSHEY COMPANY COM 427866108 1577 28000 SH DEFINED 01 28000
HEWLETT PACKARD COM 428236103 8672 297000 SH DEFINED 01 297000
HILTON HOTELS COM 432848109 1116 50000 SH DEFINED 01 50000
HOME DEPOT COM 437076102 9535 250000 SH DEFINED 01 250000
HONEYWELL INTL COM $US1 COM 438516106 3619 96500 SH DEFINED 01 96500
HOSPIRA COM 441060100 676 16500 SH DEFINED 01 16500
HUMANA COM 444859102 479 10000 SH DEFINED 01 10000
ILLINOIS TOOL WKS COM 452308109 2552 31000 SH DEFINED 01 31000
IMS HEALTH COM 449934108 755 30000 SH DEFINED 01 30000
INGERSOLL RAND CL A COM G4776G101 2103 55000 SH DEFINED 01 55000
INTEL COM 458140100 16170 656000 SH DEFINED 01 656000
INTERNATIONAL GAME TECHNOLOGY COM 459902102 675 25000 SH DEFINED 01 25000
INTERNATIONAL PAPER COM 460146103 1848 62000 SH DEFINED 01 62000
INTL BUSINESS MACHN COM 459200101 13397 167000 SH DEFINED 01 167000
INTUIT COM 461202103 896 20000 SH DEFINED 01 20000
IONA TECH ADR (1 ORD) ADR 46206P109 191 65000 SH DEFINED 01 65000
ITT INDUSTRIES COM 450911102 1420 12500 SH DEFINED 01 12500
JABIL CIRCUIT COM 466313103 835 27000 SH DEFINED 01 27000
JC PENNEY COM 708160106 1233 26000 SH DEFINED 01 26000
JDS UNIPHASE COM 46612J101 311 140000 SH DEFINED 01 140000
JOHNSON & JOHNSON COM 478160104 19617 310000 SH DEFINED 01 310000
JOHNSON CONTROLS COM 478366107 1862 30000 SH DEFINED 01 30000
JP MORGAN CHASE COM COM 46625H100 12144 357900 SH DEFINED 01 357900
KB HOME COM 48666K109 732 10000 SH DEFINED 01 10000
KELLOGG COM 487836108 2307 50000 SH DEFINED 01 50000
KERR MCGEE COM 492386107 1165 12000 SH DEFINED 01 12000
KEYCORP COM 493267108 1451 45000 SH DEFINED 01 45000
KIMBERLY CLARK COM COM 494368103 2857 48000 SH DEFINED 01 48000
KLA TENCOR COM 482480100 1024 21000 SH DEFINED 01 21000
KOHLS COM 500255104 2158 43000 SH DEFINED 01 43000
KROGER COM 501044101 1585 77000 SH DEFINED 01 77000
L-3 COMMUNICATIONS COM 502424104 1344 17000 SH DEFINED 01 17000
LEHMAN BROS HDG COM 524908100 4193 36000 SH DEFINED 01 36000
LEXMARK INTERNATIONAL COM 529771107 818 13400 SH DEFINED 01 13400
LG PHILIPS LCD COM 50186V102 3598 175000 SH DEFINED 01 175000
LILLY(ELI) & CO COM 532457108 7118 133000 SH DEFINED 01 133000
LIMITED COM 532716107 817 40000 SH DEFINED 01 40000
LINCOLN NATIONAL COM COM 534187109 910 17500 SH DEFINED 01 17500
LINEAR TECHNOLOGY COM 535678106 1316 35000 SH DEFINED 01 35000
LOCKHEED MARTIN COM COM 539830109 2258 37000 SH DEFINED 01 37000
LOUISIANA PACIFIC COM 546347105 761 27500 SH DEFINED 01 27500
LOWES COM 548661107 6762 105000 SH DEFINED 01 105000
LSI LOGIC COM 502161102 443 45000 SH DEFINED 01 45000
LUCENT TECH COM 549463107 1495 460000 SH DEFINED 01 460000
M&T BANK COM 55261F104 1321 12500 SH DEFINED 01 12500
MARATHON OIL COM 565849106 3102 45000 SH DEFINED 01 45000
MARRIOTT INTERNATIONAL COM 571903202 1953 31000 SH DEFINED 01 31000
MARSHALL & ISLEY COM 571834100 1305 30000 SH DEFINED 01 30000
MASCO COM 574599106 1381 45000 SH DEFINED 01 45000
MATTEL COM 577081102 667 40000 SH DEFINED 01 40000
MAXIM INTEGRATED COM 57772K101 1407 33000 SH DEFINED 01 33000
MBIA INC COM 55262C100 909 15000 SH DEFINED 01 15000
MBNA COM 55262L100 3203 130000 SH DEFINED 01 130000
McCORMICK COM 579780206 489 15000 SH DEFINED 01 15000
MCDONALDS COM 580135101 4856 145000 SH DEFINED 01 145000
MCGRAW HILL COM 580645109 2210 46000 SH DEFINED 01 46000
MCKESSON COM 58155Q103 1661 35000 SH DEFINED 01 35000
MEDCO COM 58405U102 1535 28000 SH DEFINED 01 28000
MEDIMMUNE COM 584699102 824 24500 SH DEFINED 01 24500
MEDTRONIC COM 585055106 7158 133500 SH DEFINED 01 133500
MELLON FINANCIAL COM 58551A108 1359 42500 SH DEFINED 01 42500
MERCK COM 589331107 6190 227500 SH DEFINED 01 227500
MERCURY INTERACTIVE COM 589405109 653 16500 SH DEFINED 01 16500
MERRILL LYNCH COM 590188108 5552 90500 SH DEFINED 01 90500
MET LIFE COM 59156R108 4584 92000 SH DEFINED 01 92000
MICRON TECHNOLOGY COM 595112103 825 62000 SH DEFINED 01 62000
MICROSOFT COM 594918104 25164 978000 SH DEFINED 01 978000
MOLEX COM 608554101 534 20000 SH DEFINED 01 20000
MONSANTO COM 61166W101 1726 27500 SH DEFINED 01 27500
MONSTER WORLDWIDE COM 611742107 399 13000 SH DEFINED 01 13000
MOODY'S COM COM 615369105 3320 65000 SH DEFINED 01 65000
MORGAN ST DEAN WIT COM 617446448 6958 129000 SH DEFINED 01 129000
MOTOROLA COM 620076109 5765 261000 SH DEFINED 01 261000
NATIONAL CITY CORP COM 635405103 2174 65000 SH DEFINED 01 65000
NATL SEMICONDUCTOR COM 637640103 960 36500 SH DEFINED 01 36500
NATUZZI ADR (1 ORD) ADR 63905A101 1492 181340 SH DEFINED 01 181340
NETWORK APPL COM 64120L104 878 37000 SH DEFINED 01 37000
NEWELL RUBBERMAID COM 651229106 680 30000 SH DEFINED 01 30000
NEWMONT MINING COM 651639106 3066 65000 SH DEFINED 01 65000
NEWS CORP - ORD COM 65248E203 5940 360000 SH DEFINED 01 360000
NIKE B COM 654106103 2042 25000 SH DEFINED 01 25000
NOBLE CORP COM G65422100 1883 27500 SH DEFINED 01 27500
NORFOLK SOUTHERN COM 655844108 1825 45000 SH DEFINED 01 45000
NORTH FORK BANCORP COM 659424105 2505 98250 SH DEFINED 01 98250
NORTHERN TRUST COM 665859104 1264 25000 SH DEFINED 01 25000
NORTHROP GRUMMAN COM 666807102 1957 36000 SH DEFINED 01 36000
NOVELL COM 670006105 268 36000 SH DEFINED 01 36000
NOVELLUS SYSTEMS COM 670008101 376 15000 SH DEFINED 01 15000
NUCOR COM 670346105 1475 25000 SH DEFINED 01 25000
OCCIDENTAL PETROLEUM COM 674599105 4699 55000 SH DEFINED 01 55000
OMNICOM GRP COM 681919106 1848 22100 SH DEFINED 01 22100
ORACLE COM 68389X105 5328 430000 SH DEFINED 01 430000
ORBOTECH COM COM M75253100 1564 62500 SH DEFINED 01 62500
P G & E COM 69331C108 1766 45000 SH DEFINED 01 45000
PACCAR COM 693718108 1256 18500 SH DEFINED 01 18500
PARKER HANNIFIN COM 701094104 643 10000 SH DEFINED 01 10000
PAYCHEX COM 704326107 1353 36500 SH DEFINED 01 36500
PEPSI BOTTLING GROUP COM 713409100 714 25000 SH DEFINED 01 25000
PEPSICO CAP COM 713448108 11478 202400 SH DEFINED 01 202400
PETROBAS 'A' - ADR ADR 71654V408 3396 47500 SH DEFINED 01 47500
PFIZER COM 717081103 19472 779800 SH DEFINED 01 779800
PHELPS DODGE COM COM 717265102 1299 10000 SH DEFINED 01 10000
PHOENIX COMPANIES COM 71902E109 1234 101187 SH SOLE 101187
PITNEY BOWES COM 724479100 1044 25000 SH DEFINED 01 25000
PIXELWORKS INC COM STK USD0.01 COM 72581M107 110 16625 SH SOLE 16625
PPG INDUSTRIES COM 693506107 1184 20000 SH DEFINED 01 20000
PPL COM 69351T106 1293 40000 SH DEFINED 01 40000
PRAXAIR COM 74005P104 1582 33000 SH DEFINED 01 33000
PRINCIPAL FINANCIAL GROUP COM 74251V102 1658 35000 SH DEFINED 01 35000
PROCTER & GAMBLE COM 742718109 18433 310000 SH DEFINED 01 310000
PROGRESS ENERGY COM 743263105 895 20000 SH DEFINED 01 20000
PROGRESSIVE CORP COM 743315103 2095 20000 SH DEFINED 01 20000
PROKOM SOFT GDR REGS GDR 743394207 627 35000 SH DEFINED 01 35000
PRUDENTIAL FINANCIAL COM 744320102 4662 69000 SH DEFINED 01 69000
PUBLIC SERVICE ENT COM 744573106 3186 49500 SH DEFINED 01 49500
PULTE HOME COM 745867101 1116 26000 SH DEFINED 01 26000
QLOGIC COM 747277101 513 15000 SH DEFINED 01 15000
QUALCOMM COM 747525103 7608 170000 SH DEFINED 01 170000
QUEST DIAGNOSTICS COM 74834L100 1061 21000 SH DEFINED 01 21000
QWEST COMMS INTL COM 749121109 759 185000 SH DEFINED 01 185000
RADIOSHACK COM 750438103 397 16000 SH DEFINED 01 16000
RAYTHEON COM 755111507 1901 50000 SH DEFINED 01 50000
ROBERT HALF COM 770323103 587 16500 SH DEFINED 01 16500
ROC TAIWAN FUND SBI COM 874037104 648 132882 SH DEFINED 01 132882
ROCKWELL AUTOMATION COM 773903109 1058 20000 SH DEFINED 01 20000
ROCKWELL COLLINS COM 774341101 966 20000 SH DEFINED 01 20000
ROHM & HAAS COM 775371107 1440 35000 SH DEFINED 01 35000
RR DONNELLEY & SONS COM 257867101 816 22000 SH DEFINED 01 22000
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