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 Number:

This Amendment (Check only one.): [ ] is a restatement.
                                  [ ] adds new holdings entries.

Institutional Investment Manager Filing this Report:

General Electric Company
3135 Easton Turnpike
Fairfield, CT 06828

13F File Number:  028-01502

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:     Robert R. DeGennaro
Title:    Manager - Accounting Projects
Phone:    (203) 373-2535

Signature, Place, and Date of Signing:

Robert R. DeGennaro     Fairfield, CT  06828          January 31, 2007
-------------------     -------------  -----          ----------------
   (Signature)          (City, State)  (Zip)                (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).)




                              FORM 13F SUMMARY PAGE


Report Summary:

Number of Other Included Managers: 2

Form 13F Information Table Entry Total:  470

Form 13F Information Table Value Total:  $36,693,313
                                         (thousands)

List of Other Included Managers:

No. Form 13F File Number  Name
--  --------------------  ----

01  028-05827             GE Asset Management



FORM 13F INFORMATION TABLE
                                                                                              
                               TITLE OF                      VALUE    SHRS OR  SH/  PUT/  INVESTMENT  OTHER    --VOTING AUTHORITY-
NAME OF ISSUER                 CLASS            CUSIP      (x$1000)   PRN AMT  PRN  CALL  DISCRETION  MANAGERS    SOLE  SHARED NONE
--------------                 -----            -----      --------   -------  ---  ----  ----------  -------- -------- ------ ----

ACE LTD                        ORD             G0070K103    164,328  2,713,029  SH          DEFINED       01    2713029
ALLIED WRLD ASSUR COM HLDG L   SHS             G0219G203     12,402    284,256  SH          DEFINED       01     284256
ARCH CAP GROUP LTD             ORD             G0450A105     82,822  1,225,000  SH          DEFINED       01    1225000
AXIS CAPITAL HOLDINGS          SHS             G0692U109     67,241  2,015,000  SH          DEFINED       01    2015000
ACCENTURE LTD BERMUDA          CL A            G1150G111      3,971    107,535  SH          DEFINED       01     107535
COOPER INDS LTD                CL A            G24182100     77,241    854,151  SH          DEFINED       01     854151
ENDURANCE SPECIALTY HLDGS LT   SHS             G30397106      2,267     61,965  SH          DEFINED       01      61965
EVEREST RE GROUP LTD           COM             G3223R108     68,444    697,625  SH          DEFINED       01     697625
GLOBALSANTAFE CORP             SHS             G3930E101     27,861    473,992  SH          DEFINED       01     473992
INGERSOLL-RAND COMPANY LTD     CL A            G4776G101      1,091     27,885  SH          DEFINED       01      27885
MARVELL TECHNOLOGY GROUP LTD   ORD             G5876H105     24,156  1,258,773  SH          DEFINED       01    1258773
TRANSOCEAN INC                 ORD             G90078109    293,804  3,632,139  SH          DEFINED       01    3632139
WEATHERFORD INTERNATIONAL LT   COM             G95089101     13,510    323,281  SH          DEFINED       01     323281
ALCON INC                      COM SHS         H01301102     16,483    147,470  SH          DEFINED       01     147470
BACKWEB TECHNOLOGIES LTD       ORD             M15633106        303  1,316,304  SH          DEFINED       01    1316304
ORBOTECH LTD                   ORD             M75253100        208      8,192  SH          DEFINED       01       8192
ABB LTD                        SPONSORED ADR   000375204     72,869  4,052,806  SH          DEFINED       01    4052806
AFLAC INC                      COM             001055102    224,694  4,884,654  SH          DEFINED       01    4884654
AES CORP                       COM             00130H105      2,766    125,521  SH          DEFINED       01     125521
AT&T INC                       COM             00206R102     42,752  1,195,856  SH          DEFINED       01    1195856
ABBOTT LABS                    COM             002824100    217,925  4,473,926  SH          DEFINED       01    4473926
ACHILLION PHARMACEUTICALS IN   COM             00448Q201        993     61,669  SH          SOLE                  61669
ACORDA THERAPEUTICS INC        COM             00484M106        913     57,634  SH          SOLE                  57634
ACTIVISION INC NEW             COM NEW         004930202     55,342  3,210,107  SH          DEFINED       01    3210107
ADAMS RESPIRATORY THERAPEUTI   COM             00635P107        217      5,311  SH          SOLE                   5311
ADOBE SYS INC                  COM             00724F101        875     21,290  SH          DEFINED       01      21290
ADVANCE AUTO PARTS INC         COM             00751Y106      1,747     49,119  SH          DEFINED       01      49119
ADVANCED MEDICAL OPTICS INC    COM             00763M108     21,609    613,882  SH          DEFINED       01     613882
AETNA INC NEW                  COM             00817Y108    284,078  6,578,932  SH          DEFINED       01    6578932
AFFILIATED COMPUTER SERVICES   CL A            008190100     15,225    311,727  SH          DEFINED       01     311727
AFFILIATED MANAGERS GROUP      COM             008252108     16,004    152,229  SH          DEFINED       01     152229
AIR PRODS & CHEMS INC          COM             009158106     37,918    539,522  SH          DEFINED       01     539522
ALBERTO CULVER CO NEW          COM             013078100     57,263  2,669,617  SH          DEFINED       01    2669617
ALCOA INC                      COM             013817101      4,375    145,793  SH          DEFINED       01     145793
ALLEGHANY CORP DEL             COM             017175100     19,606     53,922  SH          DEFINED       01      53922
ALLEGHENY ENERGY INC           COM             017361106      2,094     45,621  SH          DEFINED       01      45621
ALLERGAN INC                   COM             018490102        203      1,694  SH          DEFINED       01       1694
ALLSTATE CORP                  COM             020002101    160,169  2,459,974  SH          DEFINED       01    2459974
ALLTEL CORP                    COM             020039103    172,342  2,849,566  SH          DEFINED       01    2849566
ALTRIA GROUP INC               COM             02209S103     24,089    280,693  SH          DEFINED       01     280693
ALTUS PHARMACEUTICALS INC      COM             02216N105        772     40,957  SH          SOLE                  40957
AMBASSADORS GROUP INC          COM             023177108     12,140    400,000  SH          DEFINED       01     400000
AMBASSADORS INTL INC           COM             023178106      9,124    200,000  SH          DEFINED       01     200000
AMEREN CORP                    COM             023608102      9,060    168,624  SH          DEFINED       01     168624
AMERICA MOVIL S A DE C V       SPON ADR L SHS  02364W105    123,255  2,725,671  SH          DEFINED       01    2725671
AMERICAN ELEC PWR INC          COM             025537101     26,930    632,457  SH          DEFINED       01     632457
AMERICAN EXPRESS CO            COM             025816109     10,694    176,271  SH          DEFINED       01     176271
AMERICAN INTL GROUP INC        COM             026874107    725,876 10,129,440  SH          DEFINED       01   10129440
AMERICAN TOWER CORP            CL A            029912201     23,920    641,636  SH          DEFINED       01     641636
AMERIPRISE FINL INC            COM             03076C106      7,783    142,806  SH          DEFINED       01     142806
AMGEN INC                      COM             031162100    754,645 11,047,360  SH          DEFINED       01   11047360
AMYLIN PHARMACEUTICALS INC     COM             032346108     13,727    380,569  SH          DEFINED       01     380569
ANALOG DEVICES INC             COM             032654105    258,655  7,869,038  SH          DEFINED       01    7869038
ANGLO AMERN PLC                ADR             03485P102      7,050    288,800  SH          DEFINED       01     288800
ANGIOTECH PHARMACEUTICALS IN   COM             034918102      8,376  1,022,676  SH          DEFINED       01    1022676
ANGLOGOLD ASHANTI LTD          SPONSORED ADR   035128206      4,709    100,000  SH          DEFINED       01     100000
ANHEUSER BUSCH COS INC         COM             035229103      9,371    190,462  SH          DEFINED       01     190462
AON CORP                       COM             037389103     22,716    642,783  SH          DEFINED       01     642783
APPLE COMPUTER INC             COM             037833100     15,557    183,363  SH          DEFINED       01     183363
AQUANTIVE INC                  COM             03839G105      4,334    175,764  SH          DEFINED       01     175764
ARACRUZ CELULOSE S A           SPON ADR PFD B  038496204        337      5,500  SH          DEFINED       01       5500
ARCH COAL INC                  COM             039380100      1,502     50,000  SH          DEFINED       01      50000
AUTODESK INC                   COM             052769106      2,100     51,905  SH          DEFINED       01      51905
AUTOMATIC DATA PROCESSING IN   COM             053015103    126,978  2,578,230  SH          DEFINED       01    2578230
AUTOZONE INC                   COM             053332102     30,207    261,398  SH          DEFINED       01     261398
AVON PRODS INC                 COM             054303102      4,446    134,560  SH          DEFINED       01     134560
BJ SVCS CO                     COM             055482103        573     19,555  SH          DEFINED       01      19555
BAKER HUGHES INC               COM             057224107     31,434    421,035  SH          DEFINED       01     421035
BANK OF AMERICA CORPORATION    COM             060505104    692,537 12,971,291  SH          DEFINED       01   12971291
BANK NEW YORK INC              COM             064057102     28,023    711,785  SH          DEFINED       01     711785
BARRICK GOLD CORP              COM             067901108    163,375  5,321,651  SH          DEFINED       01    5321651
BARR PHARMACEUTICALS INC       COM             068306109     24,154    481,928  SH          DEFINED       01     481928
BAXTER INTL INC                COM             071813109    198,957  4,288,800  SH          DEFINED       01    4288800
BEAR STEARNS COS INC           COM             073902108      1,586      9,744  SH          DEFINED       01       9744
BED BATH & BEYOND INC          COM             075896100    400,213 10,504,288  SH          DEFINED       01   10504288
BELLSOUTH CORP                 COM             079860102     12,725    270,114  SH          DEFINED       01     270114
BERKSHIRE HATHAWAY INC DEL     CL B            084670207     57,978     15,815  SH          DEFINED       01      15815
BEST BUY INC                   COM             086516101      6,141    124,844  SH          DEFINED       01     124844
BIOMET INC                     COM             090613100        234      5,675  SH          DEFINED       01       5675
BIOGEN IDEC INC                COM             09062X103      2,299     46,734  SH          DEFINED       01      46734
BLACK & DECKER CORP            COM             091797100      1,334     16,678  SH          DEFINED       01      16678
BLACKROCK INC                  COM             09247X101     32,295    212,607  SH          DEFINED       01     212607
BOEING CO                      COM             097023105      5,514     62,069  SH          DEFINED       01      62069
BOSTON PROPERTIES INC          COM             101121101      1,698     15,175  SH          DEFINED       01      15175
BOSTON SCIENTIFIC CORP         COM             101137107     37,705  2,194,692  SH          DEFINED       01    2194692
BOYD GAMING CORP               COM             103304101      6,637    146,471  SH          DEFINED       01     146471
BRISTOL MYERS SQUIBB CO        COM             110122108     16,704    634,651  SH          DEFINED       01     634651
BURLINGTON NORTHN SANTA FE C   COM             12189T104     30,414    412,060  SH          DEFINED       01     412060
CBS CORP NEW                   CL B            124857202      4,174    133,877  SH          DEFINED       01     133877
CB RICHARD ELLIS GROUP INC     CL A            12497T101    166,407  5,012,258  SH          DEFINED       01    5012258
C D W CORP                     COM             12512N105      5,271     74,961  SH          DEFINED       01      74961
CIT GROUP INC                  COM             125581108      4,344     77,891  SH          DEFINED       01      77891
CSX CORP                       COM             126408103     48,765  1,416,342  SH          DEFINED       01    1416342
CVB FINL CORP                  COM             126600105     11,259    778,648  SH          DEFINED       01     778648
CABLEVISION SYS CORP           CL A NY CABLVS  12686C109     47,137  1,655,108  SH          DEFINED       01    1655108
CABOT CORP                     COM             127055101      8,160    187,284  SH          DEFINED       01     187284
CADENCE DESIGN SYSTEM INC      COM             127387108        223     12,463  SH          SOLE                  12463
CALAMOS ASSET MGMT INC         CL A            12811R104     14,162    527,848  SH          DEFINED       01     527848
CANADIAN NAT RES LTD           COM             136385101      1,065     20,000  SH          DEFINED       01      20000
CAPITAL ONE FINL CORP          COM             14040H105      9,080    118,193  SH          DEFINED       01     118193
CARDINAL HEALTH INC            COM             14149Y108      5,736     89,032  SH          DEFINED       01      89032
CAREMARK RX INC                COM             141705103     18,848    330,036  SH          DEFINED       01     330036
CARNIVAL CORP                  PAIRED CTF      143658300    347,150  7,077,473  SH          DEFINED       01    7077473
CARTER INC                     COM             146229109        601     23,562  SH          SOLE                  23562
CATALYTICA ENERGY SYS INC      COM             148884109        379    183,120  SH          DEFINED       01     183120
CATERPILLAR INC DEL            COM             149123101      5,568     90,783  SH          DEFINED       01      90783
CENTERPLATE INC                UNIT 99/99/9999 15200E204     15,649    823,641  SH          SOLE                 823641
CENTEX CORP                    COM             152312104      1,231     21,880  SH          DEFINED       01      21880
CENTRAL EUROPEAN DIST CORP     COM             153435102      3,105    104,536  SH          DEFINED       01     104536
CHECKFREE CORP NEW             COM             162813109     42,496  1,058,178  SH          DEFINED       01    1058178
CHEESECAKE FACTORY INC         COM             163072101     20,114    817,648  SH          DEFINED       01     817648
CHEVRON CORP NEW               COM             166764100     59,088    803,590  SH          DEFINED       01     803590
CHOICEPOINT INC                COM             170388102     10,406    264,256  SH          DEFINED       01     264256
CHUBB CORP                     COM             171232101     94,023  1,777,036  SH          DEFINED       01    1777036
CIENA CORP                     COM NEW         171779309        461     16,630  SH          SOLE                  16630
CISCO SYS INC                  COM             17275R102    721,350 26,394,072  SH          DEFINED       01   26394072
CITIGROUP INC                  COM             172967101    474,922  8,526,430  SH          DEFINED       01    8526430
CITRIX SYS INC                 COM             177376100      4,644    171,700  SH          DEFINED       01     171700
CLEAR CHANNEL COMMUNICATIONS   COM             184502102      2,918     82,100  SH          DEFINED       01      82100
CLOROX CO DEL                  COM             189054109    229,599  3,579,098  SH          DEFINED       01    3579098
COCA COLA CO                   COM             191216100    368,531  7,637,943  SH          DEFINED       01    7637943
COGENT INC                     COM             19239Y108     18,744  1,702,429  SH          DEFINED       01    1702429
COLEY PHARMACEUTICAL GROUP I   COM             19388P106      1,348    139,084  SH          SOLE                 139084
COLGATE PALMOLIVE CO           COM             194162103    300,008  4,598,531  SH          DEFINED       01    4598531
COMCAST CORP NEW               CL A            20030N101     21,877    516,824  SH          DEFINED       01     516824
COMCAST CORP NEW               CL A SPL        20030N200    582,158 13,900,623  SH          DEFINED       01   13900623
COMMUNITY HEALTH SYS INC NEW   COM             203668108        436     11,943  SH          DEFINED       01      11943
COMPANHIA VALE DO RIO DOCE     SPON ADR PFD    204412100    310,301 11,820,973  SH          DEFINED       01   11820973
COMPANHIA DE BEBIDAS DAS AME   SPON ADR PFD    20441W203        533     10,922  SH          DEFINED       01      10922
COMVERSE TECHNOLOGY INC        COM PAR $0.10   205862402     16,911    801,099  SH          DEFINED       01     801099
CONEXANT SYSTEMS INC           COM             207142100         54     26,566  SH          SOLE                  26566
CONOCOPHILLIPS                 COM             20825C104     20,102    279,394  SH          DEFINED       01     279394
CONSOLIDATED EDISON INC        COM             209115104      2,160     44,932  SH          DEFINED       01      44932
CONSTELLATION ENERGY GROUP I   COM             210371100    140,988  2,047,165  SH          DEFINED       01    2047165
CORINTHIAN COLLEGES INC        COM             218868107     22,585  1,657,012  SH          DEFINED       01    1657012
CORNING INC                    COM             219350105     10,961    585,849  SH          DEFINED       01     585849
CORPORATE EXECUTIVE BRD CO     COM             21988R102     14,489    165,211  SH          DEFINED       01     165211
COSTAR GROUP INC               COM             22160N109     11,704    218,520  SH          DEFINED       01     218520
CUMULUS MEDIA INC              CL A            231082108      2,765    266,109  SH          SOLE                 266109
DG FASTCHANNEL INC             COM             23326R109      1,258     93,352  SH          SOLE                  93352
DPL INC                        COM             233293109        828     29,794  SH          DEFINED       01      29794
D R HORTON INC                 COM             23331A109      1,470     55,502  SH          DEFINED       01      55502
DST SYS INC DEL                COM             233326107     12,900    205,972  SH          DEFINED       01     205972
DTE ENERGY CO                  COM             233331107     15,238    314,768  SH          DEFINED       01     314768
DANAHER CORP DEL               COM             235851102     24,526    338,576  SH          DEFINED       01     338576
DAVITA INC                     COM             23918K108     35,090    616,918  SH          DEFINED       01     616918
DEERE & CO                     COM             244199105    128,507  1,351,709  SH          DEFINED       01    1351709
DELL INC                       COM             24702R101     47,642  1,898,841  SH          DEFINED       01    1898841
DENTSPLY INTL INC NEW          COM             249030107     16,606    556,329  SH          DEFINED       01     556329
DEVON ENERGY CORP NEW          COM             25179M103     10,243    152,692  SH          DEFINED       01     152692
DIAGEO P L C                   SPON ADR NEW    25243Q205     43,643    550,281  SH          DEFINED       01     550281
DICKS SPORTING GOODS INC       COM             253393102        258      5,269  SH          DEFINED       01       5269
DISNEY WALT CO                 COM DISNEY      254687106     15,057    439,361  SH          DEFINED       01     439361
DR REDDYS LABS LTD             ADR             256135203      4,245    233,267  SH          DEFINED       01     233267
DOMINION RES INC VA NEW        COM             25746U109    175,658  2,095,157  SH          DEFINED       01    2095157
DOUGLAS EMMETT INC             COM             25960P109      8,605    323,603  SH          DEFINED       01     323603
DOVER CORP                     COM             260003108    602,305 12,286,931  SH          DEFINED       01   12286931
DOW CHEM CO                    COM             260543103      9,991    250,411  SH          DEFINED       01     250411
DRESSER-RAND GROUP INC         COM             261608103     12,630    516,142  SH          DEFINED       01     516142
DU PONT E I DE NEMOURS & CO    COM             263534109      8,182    167,968  SH          DEFINED       01     167968
DUKE ENERGY CORP NEW           COM             26441C105    113,621  3,421,302  SH          DEFINED       01    3421302
E M C CORP MASS                COM             268648102     92,579  7,013,556  SH          DEFINED       01    7013556
EOG RES INC                    COM             26875P101     96,850  1,550,834  SH          DEFINED       01    1550834
EATON CORP                     COM             278058102    176,575  2,349,953  SH          DEFINED       01    2349953
EBAY INC                       COM             278642103    176,427  5,867,217  SH          DEFINED       01    5867217
ECOLAB INC                     COM             278865100      2,007     44,409  SH          DEFINED       01      44409
EDISON INTL                    COM             281020107     81,338  1,788,432  SH          DEFINED       01    1788432
EMBRAER-EMPRESA BRASILEIRA D   SP ADR COM SHS  29081M102      1,082     26,119  SH          DEFINED       01      26119
EMCORE CORP                    COM             290846104      1,272    230,020  SH          SOLE                 230020
EMERSON ELEC CO                COM             291011104    107,451  2,437,091  SH          DEFINED       01    2437091
EMPRESA NACIONAL DE ELCTRCID   SPONSORED ADR   29244T101        371     10,100  SH          DEFINED       01      10100
ENCANA CORP                    COM             292505104      2,757     60,000  SH          DEFINED       01      60000
ENTERGY CORP NEW               COM             29364G103     30,956    335,309  SH          DEFINED       01     335309
EQUITY RESIDENTIAL             SH BEN INT      29476L107        923     18,178  SH          DEFINED       01      18178
EXELON CORP                    COM             30161N101     14,253    230,298  SH          DEFINED       01     230298
EXXON MOBIL CORP               COM             30231G102  1,196,916 15,619,412  SH          DEFINED       01   15619412
FPL GROUP INC                  COM             302571104     54,081    993,773  SH          DEFINED       01     993773
FAMILY DLR STORES INC          COM             307000109      1,323     45,097  SH          DEFINED       01      45097
FEDERAL HOME LN MTG CORP       COM             313400301    205,842  3,031,552  SH          DEFINED       01    3031552
FEDERAL NATL MTG ASSN          COM             313586109    341,832  5,755,720  SH          DEFINED       01    5755720
FEDERATED DEPT STORES INC DE   COM             31410H101      3,712     97,357  SH          DEFINED       01      97357
FEDEX CORP                     COM             31428X106        885      8,152  SH          DEFINED       01       8152
FIDELITY NATL INFORMATION SV   COM             31620M106     69,212  1,726,424  SH          DEFINED       01    1726424
FIFTH THIRD BANCORP            COM             316773100      1,930     47,155  SH          DEFINED       01      47155
FIRST DATA CORP                COM             319963104    218,592  8,565,527  SH          DEFINED       01    8565527
FISERV INC                     COM             337738108      8,369    159,662  SH          DEFINED       01     159662
FIRSTENERGY CORP               COM             337932107     47,548    788,517  SH          DEFINED       01     788517
FOMENTO ECONOMICO MEXICANO S   SPON ADR UNITS  344419106     11,017     95,172  SH          DEFINED       01      95172
FORTUNE BRANDS INC             COM             349631101      2,518     29,486  SH          DEFINED       01      29486
FRANKLIN RES INC               COM             354613101      9,633     87,439  SH          DEFINED       01      87439
FREEPORT-MCMORAN COPPER & GO   CL B            35671D857     90,192  1,618,379  SH          DEFINED       01    1618379
GANNETT INC                    COM             364730101      3,150     52,096  SH          DEFINED       01      52096
GEN-PROBE INC NEW              COM             36866T103        265      5,058  SH          DEFINED       01       5058
GENENTECH INC                  COM NEW         368710406        253      3,116  SH          DEFINED       01       3116
GENERAL DYNAMICS CORP          COM             369550108     70,769    951,833  SH          DEFINED       01     951833
GENERAL ELECTRIC CO            COM             369604103  3,530,865 94,890,227  SH          DEFINED       01   94890227
GENERAL MLS INC                COM             370334104    161,468  2,803,263  SH          DEFINED       01    2803263
GENESIS LEASE LTD              ADR             37183T107     34,075  1,450,000  SH          SOLE                1450000
GILEAD SCIENCES INC            COM             375558103     85,154  1,311,471  SH          DEFINED       01    1311471
GLAXOSMITHKLINE PLC            SPONSORED ADR   37733W105     61,915  1,173,517  SH          DEFINED       01    1173517
GLOBAL CASH ACCESS HLDGS INC   COM             378967103     12,916    795,793  SH          DEFINED       01     795793
GOLDCORP INC NEW               COM             380956409      2,492     87,624  SH          DEFINED       01      87624
GOLDMAN SACHS GROUP INC        COM             38141G104        840      4,213  SH          DEFINED       01       4213
GOOGLE INC                     CL A            38259P508     14,780     32,097  SH          DEFINED       01      32097
GREENHILL & CO INC             COM             395259104     18,180    246,347  SH          DEFINED       01     246347
GRUPO TELEVISA SA DE CV        SP ADR REP ORD  40049J206        802     29,692  SH          DEFINED       01      29692
HCC INS HLDGS INC              COM             404132102     45,060  1,404,166  SH          DEFINED       01    1404166
HALLIBURTON CO                 COM             406216101    100,859  3,248,277  SH          DEFINED       01    3248277
HARMAN INTL INDS INC           COM             413086109        832      8,326  SH          DEFINED       01       8326
HARMONY GOLD MNG LTD           SPONSORED ADR   413216300     13,789    875,495  SH          DEFINED       01     875495
HARRIS CORP DEL                COM             413875105     25,573    557,624  SH          DEFINED       01     557624
HARSCO CORP                    COM             415864107     18,479    242,829  SH          DEFINED       01     242829
HARTFORD FINL SVCS GROUP INC   COM             416515104     30,811    330,199  SH          DEFINED       01     330199
HAYES LEMMERZ INTL INC         COM NEW         420781304      3,033    775,576  SH          SOLE                 775576
HESS CORP                      COM             42809H107    135,965  2,742,889  SH          DEFINED       01    2742889
HEWLETT PACKARD CO             COM             428236103    100,502  2,439,968  SH          DEFINED       01    2439968
HEXCEL CORP NEW                COM             428291108     24,242  1,392,446  SH          DEFINED       01    1392446
HILTON HOTELS CORP             COM             432848109    110,987  3,180,133  SH          DEFINED       01    3180133
HOME DEPOT INC                 COM             437076102    384,139  9,565,223  SH          DEFINED       01    9565223
HUGOTON RTY TR TEX             UNIT BEN INT    444717102     12,020    488,600  SH          DEFINED       01     488600
HUNTSMAN CORP                  COM             447011107     13,179    694,735  SH          DEFINED       01     694735
ITT CORP NEW                   COM             450911102     39,777    700,056  SH          DEFINED       01     700056
ICICI BK LTD                   ADR             45104G104     26,225    628,290  SH          DEFINED       01     628290
IDEARC INC                     COM             451663108        346     12,088  SH          DEFINED       01      12088
IKANOS COMMUNICATIONS          COM             45173E105        307     35,285  SH          SOLE                  35285
ILLINOIS TOOL WKS INC          COM             452308109      1,126     24,372  SH          SOLE                  24372
ILLINOIS TOOL WKS INC          COM             452308109      2,139     46,312  SH          DEFINED       01      46312
INTEL CORP                     COM             458140100    144,603  7,140,886  SH          DEFINED       01    7140886
INTERNAP NETWORK SVCS CORP     COM PAR $.001   45885A300        321     16,167  SH          SOLE                  16167
INTERNATIONAL BUSINESS MACHS   COM             459200101    217,259  2,236,324  SH          DEFINED       01    2236324
INTERNATIONAL GAME TECHNOLOG   COM             459902102      6,589    142,628  SH          DEFINED       01     142628
INTL PAPER CO                  COM             460146103      1,085     31,827  SH          DEFINED       01      31827
INTUIT                         COM             461202103    265,415  8,699,285  SH          DEFINED       01    8699285
IRON MTN INC                   COM             462846106     11,077    267,948  SH          DEFINED       01     267948
ISHARES INC                    MSCI TAIWAN     464286731        518     35,690  SH          DEFINED       01      35690
ISHARES TR                     MSCI EMERG MKT  464287234        489      4,283  SH          DEFINED       01       4283
ISHARES TR                     MSCI EAFE IDX   464287465        435      5,946  SH          DEFINED       01       5946
ISHARES SILVER TRUST           ISHARES         46428Q109      3,153     24,514  SH          DEFINED       01      24514
ITC HLDGS CORP                 COM             465685105      7,130    178,685  SH          DEFINED       01     178685
JP MORGAN CHASE & CO           COM             46625H100     33,569    695,009  SH          DEFINED       01     695009
JOHNSON & JOHNSON              COM             478160104    270,658  4,099,641  SH          DEFINED       01    4099641
JOY GLOBAL INC                 COM             481165108     12,199    252,350  SH          DEFINED       01     252350
JUNIPER NETWORKS INC           COM             48203R104     17,883    944,174  SH          DEFINED       01     944174
K & F INDS HLDGS INC           COM             482241106     50,642  2,229,922  SH          DEFINED       01    2229922
KLA-TENCOR CORP                COM             482480100      2,051     41,230  SH          DEFINED       01      41230
KB HOME                        COM             48666K109        944     18,412  SH          DEFINED       01      18412
KELLOGG CO                     COM             487836108    175,514  3,506,067  SH          DEFINED       01    3506067
KIMBERLY CLARK CORP            COM             494368103    175,805  2,587,263  SH          DEFINED       01    2587263
KINDER MORGAN INC KANS         COM             49455P101      3,384     32,003  SH          DEFINED       01      32003
KITTY HAWK INC                 COM NEW         498326206         18     32,246  SH          SOLE                  32246
KOHLS CORP                     COM             500255104      9,300    135,900  SH          DEFINED       01     135900
KONINKLIJKE PHILIPS ELECTRS    NY REG SH NEW   500472303     78,733  2,095,086  SH          DEFINED       01    2095086
KOOKMIN BK NEW                 SPONSORED ADR   50049M109     16,930    209,950  SH          DEFINED       01     209950
KROGER CO                      COM             501044101      9,560    414,400  SH          DEFINED       01     414400
L-3 COMMUNICATIONS HLDGS INC   COM             502424104      1,377     16,832  SH          DEFINED       01      16832
LAM RESEARCH CORP              COM             512807108      4,035     79,720  SH          DEFINED       01      79720
LEAP WIRELESS INTL INC         COM NEW         521863308      2,697     45,352  SH          DEFINED       01      45352
LEGGETT & PLATT INC            COM             524660107        912     38,158  SH          DEFINED       01      38158
LEGG MASON INC                 COM             524901105     21,213    223,181  SH          DEFINED       01     223181
LENNAR CORP                    CL A            526057104      1,477     28,152  SH          DEFINED       01      28152
LIBERTY GLOBAL INC             COM SER A       530555101        239      8,210  SH          DEFINED       01       8210
LIBERTY GLOBAL INC             COM SER C       530555309         32      1,128  SH          SOLE                   1128
LIBERTY GLOBAL INC             COM SER C       530555309    279,763  9,991,519  SH          DEFINED       01    9991519
LIBERTY MEDIA HLDG CORP        INT COM SER A   53071M104    258,409 11,980,027  SH          DEFINED       01   11980027
LIBERTY MEDIA HLDG CORP        CAP COM SER A   53071M302    228,533  2,332,444  SH          DEFINED       01    2332444
LIFE TIME FITNESS INC          COM             53217R207      9,793    201,866  SH          DEFINED       01     201866
LILLY ELI & CO                 COM             532457108     44,889    861,600  SH          DEFINED       01     861600
LINCARE HLDGS INC              COM             532791100    245,615  6,165,042  SH          DEFINED       01    6165042
LINCOLN NATL CORP IND          COM             534187109      1,296     19,520  SH          DEFINED       01      19520
LINEAR TECHNOLOGY CORP         COM             535678106    141,177  4,656,236  SH          DEFINED       01    4656236
LOCKHEED MARTIN CORP           COM             539830109      2,762     30,000  SH          DEFINED       01      30000
LOWES COS INC                  COM             548661107     54,355  1,744,952  SH          DEFINED       01    1744952
M & T BK CORP                  COM             55261F104      9,910     81,120  SH          DEFINED       01      81120
MACERICH CO                    COM             554382101      1,574     18,184  SH          DEFINED       01      18184
MACROVISION CORP               COM             555904101     11,291    399,528  SH          DEFINED       01     399528
MAGUIRE PPTYS INC              COM             559775101      9,327    233,166  SH          DEFINED       01     233166
MANOR CARE INC NEW             COM             564055101     17,762    378,558  SH          DEFINED       01     378558
MARRIOTT INTL INC NEW          CL A            571903202      5,820    121,954  SH          DEFINED       01     121954
MARTEK BIOSCIENCES CORP        COM             572901106     10,404    445,774  SH          DEFINED       01     445774
MARTIN MARIETTA MATLS INC      COM             573284106     18,483    177,873  SH          DEFINED       01     177873
MAXIM INTEGRATED PRODS INC     COM             57772K101    137,655  4,495,605  SH          DEFINED       01    4495605
MCDONALDS CORP                 COM             580135101     11,772    265,558  SH          DEFINED       01     265558
MCGRAW HILL COS INC            COM             580645109      4,319     63,494  SH          DEFINED       01      63494
MCKESSON CORP                  COM             58155Q103        281      5,543  SH          DEFINED       01       5543
MEADWESTVACO CORP              COM             583334107      2,405     80,000  SH          DEFINED       01      80000
MEDCO HEALTH SOLUTIONS INC     COM             58405U102     78,575  1,470,348  SH          DEFINED       01    1470348
MEDICAL STAFFING NETWK HLDGS   COM             58463F104      6,432  1,095,794  SH          DEFINED       01    1095794
MEDTRONIC INC                  COM             585055106    351,964  6,577,528  SH          DEFINED       01    6577528
MELLON FINL CORP               COM             58551A108    254,978  6,049,300  SH          DEFINED       01    6049300
MERCK & CO INC                 COM             589331107      7,013    160,840  SH          DEFINED       01     160840
MERRILL LYNCH & CO INC         COM             590188108    221,805  2,382,443  SH          DEFINED       01    2382443
METLIFE INC                    COM             59156R108    343,973  5,829,068  SH          DEFINED       01    5829068
METTLER TOLEDO INTERNATIONAL   COM             592688105     13,856    175,726  SH          DEFINED       01     175726
MICROSOFT CORP                 COM             594918104  1,016,413 34,039,283  SH          DEFINED       01   34039283
MICROCHIP TECHNOLOGY INC       COM             595017104    112,350  3,435,789  SH          DEFINED       01    3435789
MOBILE TELESYSTEMS OJSC        SPONSORED ADR   607409109     18,452    367,647  SH          DEFINED       01     367647
MOLEX INC                      CL A            608554200    364,980 13,176,180  SH          DEFINED       01   13176180
MONEYGRAM INTL INC             COM             60935Y109     19,314    615,881  SH          DEFINED       01     615881
MONSANTO CO NEW                COM             61166W101    506,713  9,646,161  SH          DEFINED       01    9646161
MORGAN STANLEY                 COM NEW         617446448     71,835    882,167  SH          DEFINED       01     882167
MOTOROLA INC                   COM             620076109     11,096    539,674  SH          DEFINED       01     539674
MURPHY OIL CORP                COM             626717102      1,526     30,000  SH          DEFINED       01      30000
NII HLDGS INC                  CL B NEW        62913F201     16,857    261,596  SH          DEFINED       01     261596
NATIONAL FINL PARTNERS CORP    COM             63607P208      2,370     53,903  SH          DEFINED       01      53903
NATIONAL LAMPOON INC NEW       COM             636637100         89     40,296  SH          SOLE                  40296
NATIONAL OILWELL VARCO INC     COM             637071101      3,416     55,830  SH          DEFINED       01      55830
NATIONAL SEMICONDUCTOR CORP    COM             637640103     64,031  2,820,754  SH          DEFINED       01    2820754
NAVTEQ CORP                    COM             63936L100     27,829    795,799  SH          DEFINED       01     795799
NEKTAR THERAPEUTICS            COM             640268108        869     57,120  SH          DEFINED       01      57120
NEUSTAR INC                    CL A            64126X201     11,827    364,596  SH          DEFINED       01     364596
NEW YORK TIMES CO              CL A            650111107        482     19,784  SH          DEFINED       01      19784
NEWCASTLE INVT CORP            COM             65105M108     23,490    750,000  SH          DEFINED       01     750000
NEWELL RUBBERMAID INC          COM             651229106      1,495     51,633  SH          DEFINED       01      51633
NEWMONT MINING CORP            COM             651639106      8,309    184,033  SH          DEFINED       01     184033
NEWTEK BUSINESS SVCS INC       COM             652526104         29     14,609  SH          DEFINED       01      14609
NEXEN INC                      COM             65334H102     48,346    879,015  SH          DEFINED       01     879015
NIKE INC                       CL B            654106103      1,841     18,590  SH          DEFINED       01      18590
NORTEL NETWORKS CORP NEW       COM NEW         656568508         45      1,687  SH          SOLE                   1687
NORTEL NETWORKS CORP NEW       COM NEW         656568508      4,874    182,332  SH          DEFINED       01     182332
NORTHEAST UTILS                COM             664397106        350     12,437  SH          DEFINED       01      12437
NORTHROP GRUMMAN CORP          COM             666807102    105,524  1,558,697  SH          DEFINED       01    1558697
NOVARTIS A G                   SPONSORED ADR   66987V109     55,722    970,082  SH          DEFINED       01     970082
NOVELLUS SYS INC               COM             670008101      2,263     65,740  SH          DEFINED       01      65740
NUCOR CORP                     COM             670346105      3,330     60,924  SH          DEFINED       01      60924
NVIDIA CORP                    COM             67066G104      1,198     32,370  SH          DEFINED       01      32370
NUVEEN INVTS INC               CL A            67090F106      4,296     82,807  SH          DEFINED       01      82807
OCCIDENTAL PETE CORP DEL       COM             674599105    158,017  3,236,071  SH          DEFINED       01    3236071
OMNICARE INC                   COM             681904108        301      7,789  SH          DEFINED       01       7789
OMNICOM GROUP INC              COM             681919106    270,553  2,588,038  SH          DEFINED       01    2588038
OPEN JT STK CO-VIMPEL COMMUN   SPONSORED ADR   68370R109      1,714     21,714  SH          DEFINED       01      21714
ORACLE CORP                    COM             68389X105    484,510 28,267,775  SH          DEFINED       01   28267775
O REILLY AUTOMOTIVE INC        COM             686091109     14,736    459,641  SH          DEFINED       01     459641
PG&E CORP                      COM             69331C108     44,002    929,688  SH          DEFINED       01     929688
POSCO                          SPONSORED ADR   693483109      2,536     30,676  SH          DEFINED       01      30676
PPL CORP                       COM             69351T106     32,005    893,006  SH          DEFINED       01     893006
PAN AMERICAN SILVER CORP       COM             697900108      6,238    247,841  SH          DEFINED       01     247841
PAYCHEX INC                    COM             704326107    287,447  7,269,783  SH          DEFINED       01    7269783
PEABODY ENERGY CORP            COM             704549104     19,003    470,266  SH          DEFINED       01     470266
PEPSICO INC                    COM             713448108    649,939 10,390,712  SH          DEFINED       01   10390712
PETROLEO BRASILEIRO SA PETRO   SPONSORED ADR   71654V101    251,579  2,712,150  SH          DEFINED       01    2712150
PETROLEO BRASILEIRO SA PETRO   SPONSORED ADR   71654V408     13,829    134,273  SH          DEFINED       01     134273
PFIZER INC                     COM             717081103    574,374 22,176,585  SH          DEFINED       01   22176585
PHARMION CORP                  COM             71715B409     21,394    831,172  SH          DEFINED       01     831172
PHELPS DODGE CORP              COM             717265102      7,292     60,907  SH          DEFINED       01      60907
PINNACLE WEST CAP CORP         COM             723484101        324      6,387  SH          DEFINED       01       6387
PITNEY BOWES INC               COM             724479100      3,233     70,000  SH          DEFINED       01      70000
POTASH CORP SASK INC           COM             73755L107     14,884    103,733  SH          DEFINED       01     103733
PRAXAIR INC                    COM             74005P104    106,999  1,803,461  SH          DEFINED       01    1803461
PRICE T ROWE GROUP INC         COM             74144T108      6,541    149,446  SH          DEFINED       01     149446
PRINCIPAL FINANCIAL GROUP IN   COM             74251V102      4,030     68,647  SH          DEFINED       01      68647
PROCTER & GAMBLE CO            COM             742718109    161,192  2,508,051  SH          DEFINED       01    2508051
PROGRESS ENERGY INC            COM             743263105     10,942    222,947  SH          DEFINED       01     222947
PROLOGIS                       SH BEN INT      743410102      1,953     32,142  SH          DEFINED       01      32142
PRUDENTIAL FINL INC            COM             744320102     73,399    854,863  SH          DEFINED       01     854863
PSYCHIATRIC SOLUTIONS INC      COM             74439H108     25,078    668,387  SH          DEFINED       01     668387
PUBLIC SVC ENTERPRISE GROUP    COM             744573106      1,622     24,430  SH          DEFINED       01      24430
PUBLIC STORAGE INC             COM             74460D109      1,541     15,807  SH          DEFINED       01      15807
PULTE HOMES INC                COM             745867101     11,288    340,815  SH          DEFINED       01     340815
QUALCOMM INC                   COM             747525103    138,507  3,665,172  SH          DEFINED       01    3665172
QUEST DIAGNOSTICS INC          COM             74834L100     49,341    930,955  SH          DEFINED       01     930955
RAYONIER INC                   COM             754907103     12,007    292,500  SH          DEFINED       01     292500
RECKSON ASSOCS RLTY CORP       COM             75621K106        947     20,761  SH          DEFINED       01      20761
REGAL ENTMT GROUP              CL A            758766109     15,118    709,122  SH          DEFINED       01     709122
REGENT COMMUNICATIONS INC DE   COM             758865109      3,113  1,099,998  SH          SOLE                1099998
REGIONS FINANCIAL CORP NEW     COM             7591EP100     14,856    397,227  SH          DEFINED       01     397227
RESMED INC                     COM             761152107     28,371    576,410  SH          DEFINED       01     576410
RESTORE MEDICAL INC            COM             76128C100      3,671    872,069  SH          DEFINED       01     872069
ROCKWELL AUTOMATION INC        COM             773903109      5,774     94,531  SH          DEFINED       01      94531
ROCKWELL COLLINS INC           COM             774341101     43,370    685,261  SH          DEFINED       01     685261
ROHM & HAAS CO                 COM             775371107      4,820     94,286  SH          DEFINED       01      94286
ROSS STORES INC                COM             778296103      1,929     65,822  SH          DEFINED       01      65822
ROTECH HEALTHCARE INC          COM             778669101      5,715  2,551,156  SH          SOLE                2551156
ROYAL DUTCH SHELL PLC          SPONS ADR A     780259206      3,186     45,000  SH          DEFINED       01      45000
SAIC INC                       COM             78390X101     11,697    657,495  SH          DEFINED       01     657495
SL GREEN RLTY CORP             COM             78440X101     13,916    104,805  SH          DEFINED       01     104805
SLM CORP                       COM             78442P106    231,361  4,743,927  SH          DEFINED       01    4743927
SPDR TR                        UNIT SER 1      78462F103      1,771     12,504  SH          DEFINED       01      12504
SAFECO CORP                    COM             786429100      5,546     88,665  SH          DEFINED       01      88665
ST JUDE MED INC                COM             790849103      2,832     77,459  SH          DEFINED       01      77459
SALLY BEAUTY HLDGS INC         COM             79546E104     22,894  2,935,128  SH          DEFINED       01    2935128
SARA LEE CORP                  COM             803111103     18,668  1,096,163  SH          DEFINED       01    1096163
SCANA CORP NEW                 COM             80589M102     19,515    480,433  SH          DEFINED       01     480433
SCHEIN HENRY INC               COM             806407102     15,533    317,134  SH          DEFINED       01     317134
SCHLUMBERGER LTD               COM             806857108    557,681  8,829,648  SH          DEFINED       01    8829648
SCRIPPS E W CO OHIO            CL A            811054204     18,795    376,344  SH          DEFINED       01     376344
SEALED AIR CORP NEW            COM             81211K100     11,166    172,002  SH          DEFINED       01     172002
SEARS HLDGS CORP               COM             812350106        222      1,322  SH          SOLE                   1322
SELECT SECTOR SPDR TR          SBI INT-FINL    81369Y605      9,591    261,042  SH          DEFINED       01     261042
SELECT SECTOR SPDR TR          SBI INT-INDS    81369Y704     38,162  1,090,025  SH          DEFINED       01    1090025
SEMPRA ENERGY                  COM             816851109      1,558     27,807  SH          DEFINED       01      27807
SIGMA ALDRICH CORP             COM             826552101        452      5,817  SH          DEFINED       01       5817
SIMON PPTY GROUP INC NEW       COM             828806109      5,212     51,455  SH          DEFINED       01      51455
SMITH & NEPHEW PLC             SPDN ADR NEW    83175M205     45,366    866,912  SH          DEFINED       01     866912
SMTC CORP                      COM NEW         832682207      1,074    443,706  SH          SOLE                 443706
SNAP ON INC                    COM             833034101        558     11,720  SH          DEFINED       01      11720
SOHU COM INC                   COM             83408W103        463     19,300  SH          DEFINED       01      19300
SOUTHERN CO                    COM             842587107     12,233    331,865  SH          DEFINED       01     331865
SOUTHWEST AIRLS CO             COM             844741108     77,576  5,063,740  SH          DEFINED       01    5063740
SPIRIT AEROSYSTEMS HLDGS INC   COM CL A        848574109        872     26,062  SH          DEFINED       01      26062
SPRINT NEXTEL CORP             COM FON         852061100     67,379  3,566,896  SH          DEFINED       01    3566896
STANLEY WKS                    COM             854616109        857     17,047  SH          DEFINED       01      17047
STAPLES INC                    COM             855030102    126,995  4,756,360  SH          DEFINED       01    4756360
STARWOOD HOTELS&RESORTS WRLD   COM             85590A401     45,556    728,896  SH          DEFINED       01     728896
STATE STR CORP                 COM             857477103    511,291  7,581,418  SH          DEFINED       01    7581418
STERICYCLE INC                 COM             858912108        132      1,745  SH          SOLE                   1745
STERICYCLE INC                 COM             858912108     19,769    261,841  SH          DEFINED       01     261841
STREETTRACKS GOLD TR           GOLD SHS        863307104      3,836     60,685  SH          DEFINED       01      60685
SUN MICROSYSTEMS INC           COM             866810104     21,786  4,019,618  SH          DEFINED       01    4019618
SUNCOR ENERGY INC              COM             867229106      4,735     60,000  SH          DEFINED       01      60000
SUNPOWER CORP                  COM CL A        867652109     13,837    372,262  SH          DEFINED       01     372262
SUNTRUST BKS INC               COM             867914103    271,645  3,216,640  SH          DEFINED       01    3216640
SYMANTEC CORP                  COM             871503108        681     32,641  SH          DEFINED       01      32641
TXU CORP                       COM             873168108      4,743     87,494  SH          DEFINED       01      87494
TAIWAN SEMICONDUCTOR MFG LTD   SPONSORED ADR   874039100     31,250  2,859,121  SH          DEFINED       01    2859121
TARGET CORP                    COM             87612E106    218,874  3,836,523  SH          DEFINED       01    3836523
TATA MTRS LTD                  SPONSORED ADR   876568502      2,395    117,244  SH          DEFINED       01     117244
TELLABS INC                    COM             879664100        638     62,180  SH          DEFINED       01      62180
TEMPUR PEDIC INTL INC          COM             88023U101        275     13,428  SH          SOLE                  13428
TEVA PHARMACEUTICAL INDS LTD   ADR             881624209      7,124    229,226  SH          DEFINED       01     229226
TEXAS INSTRS INC               COM             882508104    170,802  5,930,628  SH          DEFINED       01    5930628
TEXTRON INC                    COM             883203101    137,955  1,471,203  SH          DEFINED       01    1471203
THERMO FISHER SCIENTIFIC INC   COM             883556102     72,032  1,590,469  SH          DEFINED       01    1590469
THIRD WAVE TECHNOLOGIES INC    COM             88428W108        134     27,922  SH          SOLE                  27922
3M CO                          COM             88579Y101     76,596    982,884  SH          DEFINED       01     982884
THRESHOLD PHARMACEUTICAL INC   COM             885807107         19      5,230  SH          SOLE                   5230
THRESHOLD PHARMACEUTICAL INC   COM             885807107        295     79,824  SH          DEFINED       01      79824
TIME WARNER INC                COM             887317105    186,176  8,548,003  SH          DEFINED       01    8548003
TIVO INC                       COM             888706108      6,076  1,186,814  SH          SOLE                1186814
TRIBUNE CO NEW                 COM             896047107        671     21,809  SH          DEFINED       01      21809
TURKCELL ILETISIM HIZMETLERI   SPON ADR NEW    900111204      4,212    314,800  SH          DEFINED       01     314800
TYCO INTL LTD NEW              COM             902124106    184,101  6,055,966  SH          DEFINED       01    6055966
US BANCORP DEL                 COM NEW         902973304    124,020  3,426,924  SH          DEFINED       01    3426924
UNITED PARCEL SERVICE INC      CL B            911312106     12,348    164,679  SH          DEFINED       01     164679
UNITED STATES STL CORP NEW     COM             912909108      1,210     16,547  SH          DEFINED       01      16547
UNITED TECHNOLOGIES CORP       COM             913017109    310,611  4,968,184  SH          DEFINED       01    4968184
UNITEDHEALTH GROUP INC         COM             91324P102    352,075  6,552,677  SH          DEFINED       01    6552677
UNIVISION COMMUNICATIONS INC   CL A            914906102      9,726    274,585  SH          DEFINED       01     274585
VALERO ENERGY CORP NEW         COM             91913Y100     11,170    218,344  SH          DEFINED       01     218344
VALUEVISION MEDIA INC          CL A            92047K107     84,782  6,452,194  SH          SOLE                6452194
VASOGEN INC                    COM             92232F103        200    555,556  SH          DEFINED       01     555556
VERIZON COMMUNICATIONS         COM             92343V104    150,353  4,037,414  SH          DEFINED       01    4037414
VERTEX PHARMACEUTICALS INC     COM             92532F100      9,835    262,836  SH          DEFINED       01     262836
VIACOM INC NEW                 CL B            92553P201     79,655  1,941,393  SH          DEFINED       01    1941393
VIACELL INC                    COM             92554J105        343     72,751  SH          SOLE                  72751
VODAFONE GROUP PLC NEW         SPONS ADR NEW   92857W209     85,358  3,072,632  SH          DEFINED       01    3072632
VORNADO RLTY TR                SH BEN INT      929042109      4,078     33,560  SH          DEFINED       01      33560
VULCAN MATLS CO                COM             929160109     12,113    134,785  SH          DEFINED       01     134785
WACHOVIA CORP 2ND NEW          COM             929903102     37,388    656,504  SH          DEFINED       01     656504
WAL MART STORES INC            COM             931142103     35,526    769,301  SH          DEFINED       01     769301
WASHINGTON MUT INC             COM             939322103      1,750     38,464  SH          DEFINED       01      38464
WASTE MGMT INC DEL             COM             94106L109      7,333    199,426  SH          DEFINED       01     199426
WEIGHT WATCHERS INTL INC NEW   COM             948626106     19,626    373,613  SH          DEFINED       01     373613
WELLS FARGO & CO NEW           COM             949746101     35,346    993,993  SH          DEFINED       01     993993
WESCO INTL INC                 COM             95082P105     19,813    336,904  SH          DEFINED       01     336904
WESTERN UN CO                  COM             959802109    461,862 20,600,452  SH          DEFINED       01   20600452
WEYERHAEUSER CO                COM             962166104      8,345    118,118  SH          DEFINED       01     118118
WHIRLPOOL CORP                 COM             963320106      1,165     14,030  SH          DEFINED       01      14030
WILLIAMS SONOMA INC            COM             969904101     12,950    411,891  SH          DEFINED       01     411891
WIND RIVER SYSTEMS INC         COM             973149107     10,836  1,057,142  SH          DEFINED       01    1057142
WINDSTREAM CORP                COM             97381W104      5,685    399,821  SH          DEFINED       01     399821
WISCONSIN ENERGY CORP          COM             976657106      1,460     30,766  SH          DEFINED       01      30766
WRIGLEY WM JR CO               COM             982526105      1,034     20,000  SH          DEFINED       01      20000
WYETH                          COM             983024100    540,836 10,621,295  SH          DEFINED       01   10621295
XCEL ENERGY INC                COM             98389B100      1,140     49,435  SH          DEFINED       01      49435
XILINX INC                     COM             983919101      2,096     88,016  SH          DEFINED       01      88016
XEROX CORP                     COM             984121103      8,522    502,781  SH          DEFINED       01     502781
YAHOO INC                      COM             984332106    353,968 13,859,356  SH          DEFINED       01   13859356
ZARLINK SEMICONDUCTOR INC      COM             989139100         31     14,509  SH          SOLE                  14509
ZIMMER HLDGS INC               COM             98956P102    198,529  2,532,905  SH          DEFINED       01    2532905
ZIONS BANCORPORATION           COM             989701107     16,143    195,813  SH          DEFINED       01     195813