UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 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:
Name: Genworth Financial, Inc.
Address: 6620 West Broad Street
Richmond, Virginia 23230
Form 13F File Number: 28-11523
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: Patricia Merrill
Title: Senior Counsel
Phone: (804) 662-2711
Signature, Place, and Date of Signing:
/s/ Patricia Merrill Richmond, VA May 1, 2006
------------------------ ------------------------ ------------------------
[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: NONE
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 517 lines
Form 13F Information Table Value Total: 1,811,471
(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 28-11546 GE Private Asset Management, Inc.
FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER -------------------
NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
-------------- -------------- --------- -------- ------- --- ---- ---------- -------- ------- ------ ----
3M CO COM 88579Y101 13,223 174,698 SH Sole 01 174,698
40 / 86 STRATEGIC
INCOME FD SH BEN INT 349739102 1,684 176,869 SH Sole 01 176,869
ABB LTD SPONSORED ADR 000375204 7,394 589,133 SH Sole 01 589,133
ABBEY NATL PLC ADR PRF B7.375 002920700 534 20,290 SH Sole 01 20,290
ACE LTD ORD G0070K103 938 18,037 SH Sole 01 18,037
ADVANCED MICRO
DEVICES INC COM 007903107 2 51 SH Sole 01 51
AES CORP COM 00130H105 8,773 514,256 SH Sole 01 514,256
AETNA INC NEW COM 00817Y108 5 111 SH Sole 01 111
AFFILIATED
COMPUTER
SERVICES CL A 008190100 4,501 75,439 SH Sole 01 75,439
AFFILIATED
MANAGERS GROUP COM 008252108 7,688 72,110 SH Sole 01 72,110
AFLAC INC COM 001055102 26,948 597,113 SH Sole 01 597,113
AGCO CORP COM 001084102 1 66 SH Sole 01 66
AIRGAS INC COM 009363102 1,651 42,240 SH Sole 01 42,240
ALCAN INC COM 013716105 0 8 SH Sole 01 8
ALCATEL SPONSORED ADR 013904305 5,133 333,309 SH Sole 01 333,309
ALLEGHENY
TECHNOLOGIES INC COM 01741R102 597 9,756 SH Sole 01 9,756
ALLERGAN INC COM 018490102 2,475 22,807 SH Sole 01 22,807
ALLIANZ
AKTIENGESELLSCHAFT SP ADR 1/10 SH 018805101 1 54 SH Sole 01 54
ALLSTATE CORP COM 020002101 4,585 87,990 SH Sole 01 87,990
ALTERA CORP COM 021441100 1 43 SH Sole 01 43
ALTRIA GROUP INC COM 02209S103 16,138 227,739 SH Sole 01 227,739
AMB PROPERTY CORP COM 00163T109 960 17,688 SH Sole 01 17,688
AMBAC FINL GROUP
INC COM 023139108 8,408 105,629 SH Sole 01 105,629
AMCOR LTD ADR 02341R302 513 24,257 SH Sole 01 24,257
AMERICAN CAPITAL
STRATEGIES COM 024937104 8,599 244,570 SH Sole 01 244,570
AMERICAN EXPRESS
CO COM 025816109 14,549 276,859 SH Sole 01 276,859
AMERICAN INTL
GROUP INC COM 026874107 17,792 269,213 SH Sole 01 269,213
AMERIPRISE FINL INC COM 03076C106 9,084 201,602 SH Sole 01 201,602
AMGEN INC COM 031162100 9,067 124,626 SH Sole 01 124,626
ANALOG DEVICES INC COM 032654105 1 22 SH Sole 01 22
ANGLOGOLD ASHANTI
LTD SPONSORED ADR 035128206 4,194 77,497 SH Sole 01 77,497
ANHEUSER BUSCH COS
INC COM 035229103 9,110 213,006 SH Sole 01 213,006
ANTEON INTL CORP COM 03674E108 1 27 SH Sole 01 27
AON CORP COM 037389103 4,006 96,511 SH Sole 01 96,511
APOLLO GROUP INC CL A 037604105 2,724 51,877 SH Sole 01 51,877
APPLIED MATLS INC COM 038222105 1 47 SH Sole 01 47
AQUILA INC COM 03840P102 574 143,737 SH Sole 01 143,737
ARCHSTONE SMITH TR COM 039583109 8,453 173,317 SH Sole 01 173,317
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER -------------------
NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
-------------- -------------- --------- -------- ------- --- ---- ---------- -------- ------- ------ ----
ARMOR
HOLDINGS
INC COM 042260109 2,972 50,984 SH Sole 01 50,984
ASA
BERMUDA
LIMITED COM G3156P103 2,986 45,946 SH Sole 01 45,946
ASIA PAC FD
INC COM 044901106 3,391 184,417 SH Sole 01 184,417
ASML HLDG
NV N Y SHS N07059111 5,900 289,655 SH Sole 01 289,655
ASTA FDG INC COM 046220109 1,648 49,564 SH Sole 01 49,564
ASTRAZENECA
PLC SPONSORED ADR 046353108 391 7,785 SH Sole 01 7,785
AT&T INC COM 00206R102 2,209 81,691 SH Sole 01 81,691
AUTOLIV INC COM 052800109 650 11,486 SH Sole 01 11,486
AVALONBAY
CMNTYS INC COM 053484101 8,983 82,334 SH Sole 01 82,334
AVISTA CORP COM 05379B107 255 12,353 SH Sole 01 12,353
AVON PRODS
INC COM 054303102 524 16,821 SH Sole 01 16,821
AXA SPONSORED ADR 054536107 6,837 195,554 SH Sole 01 195,554
BANCROFT
CONV FD
INC COM 059695106 1,000 53,215 SH Sole 01 53,215
BANK OF
AMERICA
CORPORATION COM 060505104 8,270 181,597 SH Sole 01 181,597
BAXTER INTL
INC COM 071813109 9,147 235,688 SH Sole 01 235,688
BEAZER
HOMES USA
INC COM 07556Q105 1,446 22,008 SH Sole 01 22,008
BECTON
DICKINSON &
CO COM 075887109 711 11,540 SH Sole 01 11,540
BED BATH &
BEYOND INC COM 075896100 1,613 42,015 SH Sole 01 42,015
BHP BILLITON
LTD SPONSORED ADR 088606108 1 26 SH Sole 01 26
BIOGEN IDEC
INC COM 09062X103 4,059 86,172 SH Sole 01 86,172
BLACK HILLS
CORP COM 092113109 2,493 73,322 SH Sole 01 73,322
BLACKROCK
FL INS MUN
INC TR COM 09250G102 149 10,816 SH Sole 01 10,816
BLACKROCK
FLA MUN
2020 TERM COM SHS 09250M109 146 10,837 SH Sole 01 10,837
BLACKROCK
NY MUN
INCOME TR I COM 09249R102 765 54,784 SH Sole 01 54,784
BLOCK H & R
INC COM 093671105 1,547 71,443 SH Sole 01 71,443
BOSTON
PROPERTIES
INC COM 101121101 10,110 108,413 SH Sole 01 108,413
BOYD GAMING
CORP COM 103304101 1,976 39,574 SH Sole 01 39,574
BP PLC SPONSORED ADR 055622104 1 11 SH Sole 01 11
BRANDYWINE
RLTY TR SH BEN INT NEW 105368203 1,207 38,005 SH Sole 01 38,005
BRISTOL
MYERS
SQUIBB CO COM 110122108 2,551 103,640 SH Sole 01 103,640
BRITISH
AMERN TOB
PLC SPONSORED ADR 110448107 6,846 140,868 SH Sole 01 140,868
BROADCOM
CORP CL A 111320107 4 99 SH Sole 01 99
BROOKFIELD
PPTYS CORP COM 112900105 1,673 48,978 SH Sole 01 48,978
CADENCE
DESIGN
SYSTEM INC COM 127387108 1,569 84,845 SH Sole 01 84,845
CAMDEN PPTY
TR SH BEN INT 133131102 2,245 31,163 SH Sole 01 31,163
CAMECO CORP COM 13321L108 2 44 SH Sole 01 44
CANADIAN
PAC RY LTD COM 13645T100 10,481 209,739 SH Sole 01 209,739
CANON INC
ADR ADR 138006309 10,549 159,718 SH Sole 01 159,718
CAPITAL ONE
FINL CORP COM 14040H105 1,790 22,235 SH Sole 01 22,235
CARPENTER
TECHNOLOGY
CORP COM 144285103 1,423 15,052 SH Sole 01 15,052
CASTLE CONV
FD INC COM 148443104 678 29,210 SH Sole 01 29,210
CB RICHARD
ELLIS
GROUP INC CL A 12497T101 1,747 21,645 SH Sole 01 21,645
CBS CORP
NEW CL B 124857202 3 124 SH Sole 01 124
CELGENE
CORP COM 151020104 6 142 SH Sole 01 142
CENTENE
CORP DEL COM 15135B101 1,074 36,815 SH Sole 01 36,815
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER -------------------
NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
-------------- -------------- --------- -------- ------- --- ---- ---------- -------- ------- ------ ----
CENTERPOINT ENERGY
INC COM 15189T107 1 63 SH Sole 01 63
CENTURY ALUM CO COM 156431108 1,967 46,344 SH Sole 01 46,344
CENTURYTEL INC COM 156700106 2,970 75,919 SH Sole 01 75,919
CHARMING SHOPPES
INC COM 161133103 3,657 245,944 SH Sole 01 245,944
CHECK POINT
SOFTWARE TECH LT ORD M22465104 0 17 SH Sole 01 17
CHESAPEAKE ENERGY
CORP COM 165167107 3 84 SH Sole 01 84
CHICAGO MERCANTILE
HLDGS INC CL A 167760107 4,271 9,545 SH Sole 01 9,545
CHINA LIFE INS CO LTD SPON ADR REP H 16939P106 4,505 88,251 SH Sole 01 88,251
CHINA PETE & CHEM
CORP SPON ADR H SHS 16941R108 3,595 61,604 SH Sole 01 61,604
CHINA TELECOM CORP
LTD SPON ADR H SHS 169426103 1 18 SH Sole 01 18
CHUNGHWA TELECOM
CO LTD SPONSORED ADR 17133Q205 1 31 SH Sole 01 31
CIGNA CORP COM 125509109 12,972 99,312 SH Sole 01 99,312
CIMAREX ENERGY CO COM 171798101 2,955 68,316 SH Sole 01 68,316
CINERGY CORP COM 172474108 309 6,800 SH Sole 01 6,800
CISCO SYS INC COM 17275R102 2,375 109,614 SH Sole 01 109,614
CIT GROUP INC COM 125581108 7,241 135,302 SH Sole 01 135,302
CITIGROUP INC COM 172967101 8,273 175,169 SH Sole 01 175,169
CLEAR CHANNEL
COMMUNICATIONS COM 184502102 1 28 SH Sole 01 28
CMS ENERGY CORP COM 125896100 562 43,380 SH Sole 01 43,380
CNOOC LTD SPONSORED ADR 126132109 3,057 39,096 SH Sole 01 39,096
COCA COLA CO COM 191216100 1 19 SH Sole 01 19
COCA-COLA FEMSA S A
DE C V SPON ADR REP L 191241108 1 28 SH Sole 01 28
COHEN & STEERS
SELECT UTIL F COM 19248A109 991 48,456 SH Sole 01 48,456
COLDWATER CREEK
INC COM 193068103 758 27,281 SH Sole 01 27,281
COLGATE PALMOLIVE
CO COM 194162103 3,182 55,729 SH Sole 01 55,729
COLONIAL BANCGROUP
INC COM 195493309 4,205 168,213 SH Sole 01 168,213
COMCAST CORP NEW CL A 20030N101 14,039 536,655 SH Sole 01 536,655
COMMERCIAL VEH
GROUP INC COM 202608105 229 11,901 SH Sole 01 11,901
COMPANHIA
BRASILEIRA DE DIST SPON ADR PFD 20440T201 1 29 SH Sole 01 29
COMPANIA
CERVECERIAS
UNIDAS SPONSORED ADR 204429104 3,130 125,693 SH Sole 01 125,693
COMPANIA DE MINAS
BUENAVENTU SPONSORED ADR 204448104 3,249 131,606 SH Sole 01 131,606
COMPUTER SCIENCES
CORP COM 205363104 2,999 53,986 SH Sole 01 53,986
COMTECH
TELECOMMUNICATIONS COM 205826209 5,271 180,693 SH Sole 01 180,693
CONAGRA FOODS INC COM 205887102 8,722 406,450 SH Sole 01 406,450
CONSTELLATION
ENERGY GROUP I COM 210371100 1,974 36,080 SH Sole 01 36,080
COSTCO WHSL CORP
NEW COM 22160K105 1 13 SH Sole 01 13
COVENTRY HEALTH
CARE INC COM 222862104 3,491 64,665 SH Sole 01 64,665
CREDICORP LTD COM G2519Y108 148 5,591 SH Sole 01 5,591
CV THERAPEUTICS INC COM 126667104 635 28,741 SH Sole 01 28,741
CVS CORP COM 126650100 7,741 259,158 SH Sole 01 259,158
CYTYC CORP COM 232946103 261 9,262 SH Sole 9,262
DADE BEHRING HLDGS
INC COM 23342J206 2,682 75,114 SH Sole 01 75,114
DANAHER CORP DEL COM 235851102 8,071 126,995 SH Sole 01 126,995
DECKERS OUTDOOR
CORP COM 243537107 1,386 34,189 SH Sole 01 34,189
DELL INC COM 24702R101 1,866 62,718 SH Sole 01 62,718
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER -------------------
NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
-------------- -------------- --------- -------- ------- --- ---- ---------- -------- ------- ------ ----
DELUXE CORP COM 248019101 5,059 193,314 SH Sole 01 193,314
DENTSPLY INTL INC
NEW COM 249030107 9,191 158,055 SH Sole 01 158,055
DEUTSCHE BANK
AG NAMEN ORD D18190898 5,089 44,549 SH Sole 01 44,549
DEUTSCHE
TELEKOM AG SPONSORED ADR 251566105 0 24 SH Sole 01 24
DEVELOPERS
DIVERSIFIED
RLTY COM 251591103 2,047 37,392 SH Sole 01 37,392
DIAMOND
OFFSHORE
DRILLING IN COM 25271C102 11,636 130,014 SH Sole 01 130,014
DIGITAL RIV INC COM 25388B104 0 2 SH Sole 01 2
DIRECT GEN CORP COM 25456W204 1,131 66,488 SH Sole 01 66,488
DIRECTV GROUP
INC COM 25459L106 1 43 SH Sole 01 43
DISNEY WALT CO COM 254687106 14,218 509,774 SH Sole 01 509,774
DOMINION RES INC
VA NEW COM 25746U109 1,637 23,721 SH Sole 01 23,721
DORAL FINL CORP COM 25811P100 0 32 SH Sole 01 32
DOW CHEM CO COM 260543103 4,845 119,328 SH Sole 01 119,328
DPL INC COM 233293109 788 29,172 SH Sole 01 29,172
DU PONT E I DE
NEMOURS & CO COM 263534109 16,009 379,282 SH Sole 01 379,282
DUKE ENERGY
CORP COM 264399106 1,711 58,709 SH Sole 01 58,709
DUN &
BRADSTREET
CORP DEL NE COM 26483E100 1 13 SH Sole 01 13
DWS GLOBAL HIGH
INCOME FD COM 23338W104 5,673 660,476 SH Sole 01 660,476
E M C CORP MASS COM 268648102 3,599 264,014 SH Sole 01 264,014
E ON AG SPONSORED ADR 268780103 1,007 27,525 SH Sole 01 27,525
E TRADE
FINANCIAL CORP COM 269246104 10,456 387,552 SH Sole 01 387,552
EAST WEST
BANCORP INC COM 27579R104 902 23,398 SH Sole 01 23,398
EASTMAN KODAK
CO COM 277461109 2,088 73,401 SH Sole 01 73,401
EATON CORP COM 278058102 4,709 64,527 SH Sole 01 64,527
EATON VANCE FL
MUNI INCOME T SH BEN INT 27826B100 149 10,451 SH Sole 01 10,451
EBAY INC COM 278642103 11,337 290,704 SH Sole 01 290,704
EDISON INTL COM 281020107 1,186 28,808 SH Sole 01 28,808
EDP ENERGIAS DE
PORTUGAL S A SPONSORED ADR 268353109 197 5,017 SH Sole 01 5,017
EMBRAER-
EMPRESA
BRASILEIRA D SP ADR PFD SHS 29081M102 3,380 91,719 SH Sole 01 91,719
EMERSON ELEC CO COM 291011104 17 203 SH Sole 01 203
EMULEX CORP COM 292475209 614 35,949 SH Sole 01 35,949
ENDO
PHARMACEUTICALS
HLDGS I COM 29264F205 5,819 177,343 SH Sole 01 177,343
ENEL SOCIETA PER
AZIONI ADR 29265W108 400 9,466 SH Sole 01 9,466
ENERGY PARTNERS
LTD COM 29270U105 1,363 57,791 SH Sole 01 57,791
ENTERGY CORP
NEW COM 29364G103 9,805 142,227 SH Sole 01 142,227
EPICOR SOFTWARE
CORP COM 29426L108 806 60,003 SH Sole 01 60,003
EQUIFAX INC COM 294429105 12,345 331,509 SH Sole 01 331,509
EQUITY
RESIDENTIAL SH BEN INT 29476L107 8,738 186,750 SH Sole 01 186,750
EURONET
WORLDWIDE INC COM 298736109 6,190 163,627 SH Sole 01 163,627
EVEREST RE GROUP
LTD COM G3223R108 1 15 SH Sole 01 15
EXELON CORP COM 30161N101 3,277 61,950 SH Sole 01 61,950
EXPEDITORS INTL
WASH INC COM 302130109 1,019 11,797 SH Sole 01 11,797
EXPRESS SCRIPTS
INC COM 302182100 7,962 90,579 SH Sole 01 90,579
EXXON MOBIL
CORP COM 30231G102 23,457 385,428 SH Sole 01 385,428
FACTSET RESH SYS
INC COM 303075105 949 21,390 SH Sole 01 21,390
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ---------------------
NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
-------------- -------------- --------- -------- --------- --- ---- ---------- -------- --------- ------ ----
FASTENAL CO COM 311900104 494 10,444 SH Sole 01 10,444
FEDERAL
NATL MTG
ASSN COM 313586109 219 4,270 SH Sole 01 4,270
FEDERAL
REALTY
INVT TR SH BEN INT NEW 313747206 1,227 16,312 SH Sole 01 16,312
FIDELITY
NATL FINL
INC COM 316326107 6,606 185,918 SH Sole 01 185,918
FIFTH THIRD
BANCORP COM 316773100 1,323 33,607 SH Sole 01 33,607
FIRST DATA
CORP COM 319963104 5,126 109,485 SH Sole 01 109,485
FIRSTENERGY
CORP COM 337932107 909 18,595 SH Sole 01 18,595
FISERV INC COM 337738108 6,969 163,777 SH Sole 01 163,777
FORT
DEARBORN
INCOME
SECS IN COM 347200107 1 70 SH Sole 01 70
FORTUNE
BRANDS INC COM 349631101 1 9 SH Sole 01 9
FPL GROUP
INC COM 302571104 1,398 34,823 SH Sole 01 34,823
FREEPORT-
MCMORAN
COPPER &
GO CL B 35671D857 10,194 170,555 SH Sole 01 170,555
FREMONT GEN
CORP COM 357288109 5,058 234,616 SH Sole 01 234,616
GENENTECH
INC COM NEW 368710406 4,113 48,664 SH Sole 01 48,664
GENERAL
GROWTH
PPTYS INC COM 370021107 6,527 133,557 SH Sole 01 133,557
GENESIS
MICROCHIP
INC DEL COM 37184C103 794 46,611 SH Sole 01 46,611
GENLYTE
GROUP INC COM 372302109 6,599 96,851 SH Sole 01 96,851
GENZYME
CORP COM 372917104 3,086 45,907 SH Sole 01 45,907
GILEAD
SCIENCES
INC COM 375558103 7,379 118,592 SH Sole 01 118,592
GOLDEN WEST
FINL CORP
DEL COM 381317106 4,757 70,057 SH Sole 01 70,057
GOOGLE INC CL A 38259P508 5,495 14,091 SH Sole 01 14,091
GRANT
PRIDECO
INC COM 38821G101 5,066 118,260 SH Sole 01 118,260
GREATER
CHINA FD
INC COM 39167B102 3,693 209,690 SH Sole 01 209,690
GRIFFON
CORP COM 398433102 833 33,539 SH Sole 01 33,539
GROUPE CGI
INC CL A SUB VTG 39945C109 7,916 1,194,013 SH Sole 01 1,194,013
HALLIBURTON
CO COM 406216101 6,853 93,846 SH Sole 01 93,846
HANCOCK
JOHN
PATRIOT
SELCT D COM 41013U102 3 223 SH Sole 01 223
HARLEY
DAVIDSON
INC COM 412822108 4,752 91,602 SH Sole 01 91,602
HARMAN INTL
INDS INC COM 413086109 1 6 SH Sole 01 6
HARTFORD
FINL SVCS
GROUP INC COM 416515104 1 10 SH Sole 01 10
HEALTHCARE
RLTY TR COM 421946104 398 10,638 SH Sole 01 10,638
HELEN OF
TROY CORP
LTD COM G4388N106 1,250 58,946 SH Sole 01 58,946
HEWLETT
PACKARD
CO COM 428236103 1 17 SH Sole 01 17
HIGHWOODS
PPTYS INC COM 431284108 1,177 34,897 SH Sole 01 34,897
HILB ROGAL &
HOBBS CO COM 431294107 241 5,846 SH Sole 01 5,846
HILLENBRAND
INDS INC COM 431573104 2,335 42,455 SH Sole 01 42,455
HILTON
HOTELS
CORP COM 432848109 1,840 72,263 SH Sole 01 72,263
HITACHI
LIMITED
ADR 10 COM 433578507 42 592 SH Sole 01 592
HOME DEPOT
INC COM 437076102 10,055 237,717 SH Sole 01 237,717
HONDA
MOTOR LTD AMERN SHS 438128308 1 19 SH Sole 01 19
HOST
MARRIOTT
CORP NEW COM 44107P104 8,208 383,562 SH Sole 01 383,562
HUNTINGTON
BANCSHARES
INC COM 446150104 2,415 100,094 SH Sole 01 100,094
HUTCHINSON
TECHNOLOGY
INC COM 448407106 5,342 177,055 SH Sole 01 177,055
ICICI BK LTD SPONSORED
ADR 45104G104 135 4,881 SH Sole 01 4,881
IDT CORP COM 448947101 419 38,294 SH Sole 01 38,294
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER -------------------
NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
-------------- -------------- --------- -------- ------- --- ---- ---------- -------- ------- ------ ----
ILLINOIS TOOL WKS
INC COM 452308109 2,697 28,006 SH Sole 01 28,006
IMATION CORP COM 45245A107 1,766 41,163 SH Sole 01 41,163
IMPERIAL TOBACCO
GROUP PLC SPONSORED ADR 453142101 798 13,335 SH Sole 01 13,335
IMS HEALTH INC COM 449934108 1 30 SH Sole 01 30
INDYMAC BANCORP
INC COM 456607100 5,250 128,256 SH Sole 01 128,256
ING CLARION GLB
RE EST INCM COM 44982G104 3,330 181,491 SH Sole 01 181,491
ING GROEP N V SPONSORED ADR 456837103 11,552 293,209 SH Sole 01 293,209
INNOVATIVE
SOLUTIONS &
SUPPO COM 45769N105 769 59,167 SH Sole 01 59,167
INSURED MUN
INCOME FD COM 45809F104 2,245 172,414 SH Sole 01 172,414
INTEGRATED
DEVICE
TECHNOLOGY COM 458118106 1 98 SH Sole 01 98
INTEL CORP COM 458140100 2 105 SH Sole 01 105
INTERLINE BRANDS
INC COM 458743101 486 19,259 SH Sole 01 19,259
INTERNATIONAL
BUSINESS MACHS COM 459200101 10,860 131,688 SH Sole 01 131,688
INTERNATIONAL
FLAVORS&FRAGRA COM 459506101 5,063 147,535 SH Sole 01 147,535
INTERNATIONAL
PWR PLC SPONSORED ADR 46018M104 337 6,848 SH Sole 01 6,848
INVESTMENT
GRADE MUN
INCOME COM 461368102 2,236 166,967 SH Sole 01 166,967
IRON MTN INC COM 462846106 1,093 26,838 SH Sole 01 26,838
ISHARES INC MSCI JAPAN 464286848 7,924 550,302 SH Sole 01 550,302
ISHARES TR DJ SEL DIV INX 464287168 4 58 SH Sole 01 58
ISHARES TR DJ US UTILS 464287697 1 10 SH Sole 01 10
ISHARES TR RUSSELL 2000 464287655 5 65 SH Sole 01 65
ISHARES TR S&P500/BAR GRW 464287309 8 124 SH Sole 01 124
ISHARES TR S&P500/BAR VAL 464287408 49 706 SH Sole 01 706
ITT INDS INC IND COM 450911102 3 60 SH Sole 01 60
J F CHINA REGION
FD INC COM 46614T107 3,475 220,797 SH Sole 01 220,797
JABIL CIRCUIT INC COM 466313103 1,146 26,745 SH Sole 01 26,745
JAKKS PAC INC COM 47012E106 773 28,901 SH Sole 01 28,901
JEFFERSON PILOT
CORP COM 475070108 1 14 SH Sole 01 14
JOHNSON &
JOHNSON COM 478160104 12,992 219,381 SH Sole 01 219,381
JOHNSON CTLS INC COM 478366107 1,065 14,030 SH Sole 01 14,030
JP MORGAN
CHASE & CO COM 46625H100 13,455 323,136 SH Sole 01 323,136
KERR MCGEE CORP COM 492386107 1 9 SH Sole 01 9
KILROY RLTY CORP COM 49427F108 791 10,244 SH Sole 01 10,244
KIMBERLY CLARK
CORP COM 494368103 1 11 SH Sole 01 11
KING
PHARMACEUTICALS
INC COM 495582108 3,073 178,154 SH Sole 01 178,154
KLA-TENCOR CORP COM 482480100 1 17 SH Sole 01 17
KNIGHT TRANSN
INC COM 499064103 491 24,856 SH Sole 01 24,856
KOHLS CORP COM 500255104 8,578 161,815 SH Sole 01 161,815
KOMAG INC COM NEW 500453204 1,568 32,938 SH Sole 01 32,938
KOOKMIN BK NEW SPONSORED ADR 50049M109 12,673 148,192 SH Sole 01 148,192
KOREA EQUITY FD
INC COM 50063B104 3,505 315,790 SH Sole 01 315,790
KOREA FD COM 500634100 3,364 88,292 SH Sole 01 88,292
L-3
COMMUNICATIONS
HLDGS INC COM 502424104 4,505 52,517 SH Sole 01 52,517
LABORATORY CORP
AMER HLDGS COM NEW 50540R409 4,070 69,600 SH Sole 01 69,600
LAFARGE COPPEE S
A SPON ADR NEW 505861401 0 15 SH Sole 01 15
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ---------------------
NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
-------------- ------------------- --------- -------- --------- --- ---- ---------- -------- --------- ------ ----
LENNAR CORP CL A 526057104 7,028 116,397 SH Sole 01 116,397
LG PHILIP LCD
CO LTD SPONS ADR REP 50186V102 1,827 80,503 SH Sole 01 80,503
LIBERTY PPTY
TR SH BEN INT 531172104 2,386 50,603 SH Sole 01 50,603
LINEAR
TECHNOLOGY
CORP COM 535678106 1 20 SH Sole 01 20
LIVE NATION
INC COM 538034109 0 8 SH Sole 01 8
LOCKHEED
MARTIN
CORP COM 539830109 5,439 72,399 SH Sole 01 72,399
LOEWS CORP CAROLNA GP STK 540424207 870 18,414 SH Sole 01 18,414
LOWES COS INC COM 548661107 10,699 166,037 SH Sole 01 166,037
LUCENT
TECHNOLOGIES
INC COM 549463107 3,197 1,048,082 SH Sole 01 1,048,082
M D C HLDGS
INC COM 552676108 7,263 112,938 SH Sole 01 112,938
MACERICH CO COM 554382101 0 6 SH Sole 01 6
MAGYAR
TELEKOM
TELECOMMUNS
P SPONSORED ADR 559776109 1 23 SH Sole 01 23
MANAGED
HIGH
INCOME
PORTFOLI COM 56166C105 1,674 277,547 SH Sole 01 277,547
MANPOWER
INC COM 56418H100 1 17 SH Sole 01 17
MARVELL
TECHNOLOGY
GROUP LTD ORD G5876H105 5,866 108,430 SH Sole 01 108,430
MATTEL INC COM 577081102 1 37 SH Sole 01 37
MAVERICK
TUBE CORP COM 577914104 2,228 42,037 SH Sole 01 42,037
MAXIM
INTEGRATED
PRODS INC COM 57772K101 1 20 SH Sole 01 20
MBIA CAP
CLAYMORE
MNG DUR IN COM 55266X100 2,138 167,451 SH Sole 01 167,451
MBIA INC COM 55262C100 5,609 93,278 SH Sole 01 93,278
MCDONALDS
CORP COM 580135101 14,132 411,292 SH Sole 01 411,292
MEDAREX INC COM 583916101 1,148 86,834 SH Sole 01 86,834
MEDICINES CO COM 584688105 888 43,161 SH Sole 01 43,161
MEDTRONIC
INC COM 585055106 8,870 174,771 SH Sole 01 174,771
MERCK & CO
INC COM 589331107 5,843 165,845 SH Sole 01 165,845
MERGE
TECHNOLOGIES
INC COM 589981109 722 45,208 SH Sole 01 45,208
METHANEX
CORP COM 59151K108 5,437 264,810 SH Sole 01 264,810
MGI PHARMA
INC COM 552880106 656 37,506 SH Sole 01 37,506
MICROCHIP
TECHNOLOGY
INC COM 595017104 980 26,991 SH Sole 01 26,991
MICRON
TECHNOLOGY
INC COM 595112103 10,663 724,381 SH Sole 01 724,381
MICROSOFT
CORP COM 594918104 5,441 199,960 SH Sole 01 199,960
MITSUBISHI
UFJ FINL
GROUP IN SPONSORED ADR ADDED 606822104 11,963 786,533 SH Sole 01 786,533
MOBILE
TELESYSTEMS
OJSC SPONSORED ADR 607409109 1,005 30,376 SH Sole 01 30,376
MOODYS CORP COM 615369105 3,089 43,228 SH Sole 01 43,228
MORGAN
STANLEY CA INSD MUN TR 61745P502 73 5,145 SH Sole 01 5,145
MORGAN
STANLEY INSD CA MUN 61745P825 71 5,192 SH Sole 01 5,192
MORGAN
STANLEY N Y QULTY MUN 61745P528 757 55,666 SH Sole 01 55,666
MORGAN
STANLEY
ASIA PAC FD
I COM 61744U106 3,396 201,896 SH Sole 01 201,896
MORGAN
STANLEY
EMER MKTS
DEB COM 61744H105 1 140 SH Sole 01 140
MULTI
FINELINE
ELECTRONIX
IN COM 62541B101 430 7,350 SH Sole 01 7,350
MUNI N Y
INTER
DURATION
FD I COM 62618T100 753 56,415 SH Sole 01 56,415
MUNICIPAL
ADVANTAGE
FD INC COM 626189104 2,204 175,364 SH Sole 01 175,364
MUNIYIELD
CALIF FD INC COM 626296107 70 5,309 SH Sole 01 5,309
NASB FINL INC COM 628968109 106 3,082 SH Sole 01 3,082
NATIONAL BK
GREECE S A SPONSORED ADR 633643408 4,279 446,676 SH Sole 01 446,676
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER -------------------
NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
-------------- ------------- --------- -------- ------- --- ---- ---------- -------- ------- ------ ----
NATIONAL GRID
PLC SPON ADR NEW 636274300 662 13,348 SH Sole 01 13,348
NATIONAL
SEMICONDUCTOR
CORP COM 637640103 1 45 SH Sole 01 45
NATIONWIDE
FINL SVCS INC CL A 638612101 2,939 68,322 SH Sole 01 68,322
NEKTAR
THERAPEUTICS COM 640268108 1,148 56,330 SH Sole 01 56,330
NELNET INC CL A 64031N108 1,280 30,740 SH Sole 01 30,740
NEOWARE INC COM 64065P102 1,363 46,019 SH Sole 01 46,019
NETGEAR INC COM 64111Q104 1,073 56,470 SH Sole 01 56,470
NETWORK
APPLIANCE INC COM 64120L104 8,266 229,413 SH Sole 01 229,413
NEUBERGER
BERMAN CA
INT MUN COM 64123C101 71 5,178 SH Sole 01 5,178
NEUBERGER
BERMAN
INCOME OPP COM SHS 64126L108 1,708 111,661 SH Sole 01 111,661
NEUBERGER
BERMAN RLTY
INC FD COM 64126G109 1,056 51,619 SH Sole 01 51,619
NEWFIELD EXPL
CO COM 651290108 4,579 109,276 SH Sole 01 109,276
NEWMARKET
CORP COM 651587107 10 200 SH Sole 01 200
NEWS CORP CL B 65248E203 5,833 332,171 SH Sole 01 332,171
NEWTEK
BUSINESS SVCS
INC COM 652526104 154 70,750 SH Sole 70,750
NICE SYS LTD SPONSORED ADR 653656108 3,226 63,310 SH Sole 01 63,310
NII HLDGS INC CL B NEW 62913F201 11,317 191,914 SH Sole 01 191,914
NIKE INC CL B 654106103 5,029 59,096 SH Sole 01 59,096
NIPPON TELEG &
TEL CORP SPONSORED ADR 654624105 0 23 SH Sole 01 23
NISOURCE INC COM 65473P105 1 31 SH Sole 01 31
NISSAN MOTORS SPONSORED ADR 654744408 10,560 444,091 SH Sole 01 444,091
NOKIA CORP SPONSORED ADR 654902204 10,953 528,616 SH Sole 01 528,616
NORTHROP
GRUMMAN
CORP COM 666807102 402 5,887 SH Sole 01 5,887
NOVARTIS A G SPONSORED ADR 66987V109 16,038 289,294 SH Sole 01 289,294
NOVO-NORDISK
A S ADR 670100205 1 10 SH Sole 01 10
NRG ENERGY INC COM NEW 629377508 1,400 30,961 SH Sole 01 30,961
NUVEEN FLA
QUALITY
INCOME MU COM 670978105 145 10,480 SH Sole 01 10,480
O REILLY
AUTOMOTIVE
INC COM 686091109 1,052 28,779 SH Sole 01 28,779
OLD REP INTL
CORP COM 680223104 700 32,100 SH Sole 01 32,100
OMI CORP NEW COM Y6476W104 1,326 73,583 SH Sole 01 73,583
OMNICARE INC COM 681904108 730 13,281 SH Sole 01 13,281
OPTION CARE INC COM 683948103 2 174 SH Sole 01 174
ORACLE CORP COM 68389X105 9,459 690,953 SH Sole 01 690,953
ORIX CORP SPONSORED ADR 686330101 7,873 50,637 SH Sole 01 50,637
ORTHOFIX INTL N
V COM N6748L102 1,124 28,222 SH Sole 01 28,222
OVERSEAS
SHIPHOLDING
GROUP I COM 690368105 8,939 186,495 SH Sole 01 186,495
PACER INTL INC
TENN COM 69373H106 3,656 111,883 SH Sole 01 111,883
PALL CORP COM 696429307 11,641 373,243 SH Sole 01 373,243
PALM INC NEW COM 696643105 1 29 SH Sole 01 29
PAN PACIFIC
RETAIL PPTYS
INC COM 69806L104 924 13,038 SH Sole 01 13,038
PATTERSON
COMPANIES
INC COM 703395103 1,001 28,445 SH Sole 01 28,445
PEABODY
ENERGY CORP COM 704549104 3 60 SH Sole 01 60
PEPSICO INC COM 713448108 8,709 150,697 SH Sole 01 150,697
PETROFUND
ENERGY TRUST TR UNIT 71648W108 308 14,068 SH Sole 01 14,068
PETROLEO
BRASILEIRO SA
PETRO SPONSORED ADR 71654V408 5,092 58,747 SH Sole 01 58,747
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER -------------------
NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
-------------- -------------- --------- -------- ------- --- ---- ---------- -------- ------- ------ ----
PFIZER INC COM 717081103 22,620 907,689 SH Sole 01 907,689
PG&E CORP COM 69331C108 2,758 70,891 SH Sole 01 70,891
PHARMACEUTICAL
HLDRS TR DEPOSITRY RCPT 71712A206 6 91 SH Sole 01 91
PHARMACEUTICAL
PROD DEV INC COM 717124101 8 228 SH Sole 01 228
PHELPS DODGE
CORP COM 717265102 1 13 SH Sole 01 13
PHILIPPINE LONG
DISTANCE TEL SPONSORED ADR 718252604 5,541 147,489 SH Sole 01 147,489
PHILLIPS VAN
HEUSEN CORP COM 718592108 2,690 70,410 SH Sole 01 70,410
PILGRIMS PRIDE
CORP COM 721467108 3,177 146,628 SH Sole 01 146,628
PLATINUM
UNDERWRITER
HLDGS L COM G7127P100 1,201 41,269 SH Sole 01 41,269
PLUM CREEK
TIMBER CO INC COM 729251108 0 9 SH Sole 01 9
PMI GROUP INC COM 69344M101 7,658 166,758 SH Sole 01 166,758
POLARIS INDS INC COM 731068102 3,946 72,315 SH Sole 01 72,315
PORTALPLAYER
INC COM 736187204 181 8,131 SH Sole 01 8,131
POSCO SPONSORED ADR 693483109 1 18 SH Sole 01 18
PPL CORP COM 69351T106 1,449 49,289 SH Sole 01 49,289
PRICE T ROWE
GROUP INC COM 74144T108 3,876 49,562 SH Sole 01 49,562
PROCTER &
GAMBLE CO COM 742718109 6,207 107,697 SH Sole 01 107,697
PROLOGIS SH BEN INT 743410102 9,342 174,620 SH Sole 01 174,620
PROSPECT STR
HIGH INCOME
PTF COM NEW 743586406 1,796 550,877 SH Sole 01 550,877
PROVIDENT
ENERGY TR TR UNIT 74386K104 114 10,093 SH Sole 01 10,093
PUBLIC STORAGE
INC COM 74460D109 8,680 106,858 SH Sole 01 106,858
PUBLIC SVC
ENTERPRISE
GROUP COM 744573106 1,129 17,635 SH Sole 01 17,635
PUTNAM CALIF
INVT GRADE
MUN SH BEN INT 746446103 71 5,325 SH Sole 01 5,325
PUTNAM INVT
GRADE MUN TR COM 746805100 1,804 188,295 SH Sole 01 188,295
PUTNAM
MANAGED MUN
INCOM TR COM 746823103 2,226 301,255 SH Sole 01 301,255
PUTNAM N Y INVT
GRADE MUN TR SH BEN INT 746921105 759 63,315 SH Sole 01 63,315
PUTNAM TAX FREE
HEALTH CARE SH BEN INT 746920107 2,216 181,614 SH Sole 01 181,614
QUALCOMM INC COM 747525103 10,603 209,510 SH Sole 01 209,510
QUEST
DIAGNOSTICS
INC COM 74834L100 7,378 143,821 SH Sole 01 143,821
QUILMES INDL
QUINSA SOCIETE SP ADR CL B 74838Y207 317 8,255 SH Sole 01 8,255
R & G FINANCIAL
CORP CL B 749136107 998 78,853 SH Sole 01 78,853
RADIAN GROUP
INC COM 750236101 4,920 81,668 SH Sole 01 81,668
RADWARE LTD ORD M81873107 4,317 244,845 SH Sole 01 244,845
RED HAT INC COM 756577102 1,629 58,224 SH Sole 01 58,224
REGENCY CTRS
CORP COM 758849103 1,474 21,940 SH Sole 01 21,940
REPUBLIC SVCS
INC COM 760759100 3,633 85,458 SH Sole 01 85,458
REYNOLDS
AMERICAN INC COM 761713106 1,273 12,070 SH Sole 01 12,070
RINKER GROUP
LTD SPONSORED ADR 76687M101 1 16 SH Sole 01 16
RIO TINTO PLC SPONSORED ADR 767204100 6,598 31,873 SH Sole 01 31,873
ROPER INDS INC
NEW COM 776696106 555 11,420 SH Sole 01 11,420
ROYAL & SUN
ALLIANCE INS SPON ADR NEW 78004V202 632 52,633 SH Sole 01 52,633
ROYAL BK
SCOTLAND
GROUP PLC SP ADR PREF M 780097796 454 18,089 SH Sole 01 18,089
RYLAND GROUP
INC COM 783764103 4,593 66,175 SH Sole 01 66,175
SAFENET INC COM 78645R107 4,703 177,616 SH Sole 01 177,616
SALOMON BR
EMRG MKT FLT
RTE COM 794912105 6,554 476,664 SH Sole 01 476,664
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER -------------------
NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
-------------- ---------- --------- -------- ------- --- ---- ---------- -------- ------- ------ ----
SALOMON BR EMRG
MKTS INC II. COM 794910109 7,683 580,710 SH Sole 01 580,710
SALOMON BROS
EMERG MKT DEBT COM 79550E107 8,241 469,064 SH Sole 01 469,064
SAN PAOLO-IMI S P A SPONSORED
ADR 799175104 4,382 122,668 SH Sole 01 122,668
SANDERSON FARMS
INC COM 800013104 757 33,814 SH Sole 01 33,814
SANDISK CORP COM 80004C101 3 49 SH Sole 01 49
SANOFI AVENTIS SPONSORED
ADR 80105N105 12,025 253,415 SH Sole 01 253,415
SAP SPONSORED
AKTIENGESELLSCHAFT ADR 803054204 1 15 SH Sole 01 15
SATYAM COMPUTER
SERVICES LTD ADR 804098101 8,206 187,532 SH Sole 01 187,532
SAXON CAP INC NEW COM 80556T106 1,247 119,461 SH Sole 01 119,461
SCHAWK INC CL A 806373106 559 21,506 SH Sole 01 21,506
SCHERING A G SPONSORED
ADR 806585204 1 9 SH Sole 01 9
SCOTTISH PWR PLC SPON ADR
FINAL 81013T705 1,125 27,927 SH Sole 01 27,927
SCP POOL CORP COM 784028102 1,013 21,605 SH Sole 01 21,605
SCUDDER NEW ASIA
FD INC COM 811183102 3,493 157,415 SH Sole 01 157,415
SEA CONTAINERS LTD CL A 811371707 427 59,184 SH Sole 01 59,184
SEALED AIR CORP NEW COM 81211K100 13,416 231,833 SH Sole 01 231,833
SEI INVESTMENTS CO COM 784117103 2,942 72,579 SH Sole 01 72,579
SEMCO ENERGY INC COM 78412D109 218 39,417 SH Sole 01 39,417
SHERWIN WILLIAMS
CO COM 824348106 4,783 96,740 SH Sole 01 96,740
SHIRE PLC SPONSORED
ADR 82481R106 1 18 SH Sole 01 18
SIEMENS A G SPONSORED
ADR 826197501 4,772 51,215 SH Sole 01 51,215
SIERRA PAC RES NEW COM 826428104 543 39,334 SH Sole 01 39,334
SIGMA ALDRICH CORP COM 826552101 13,083 198,866 SH Sole 01 198,866
SIMON PPTY GROUP
INC NEW COM 828806109 9,699 115,268 SH Sole 01 115,268
SINA CORP ORD G81477104 5,452 195,423 SH Sole 01 195,423
SINGAPORE FD INC COM 82929L109 3,665 302,926 SH Sole 01 302,926
SMITH INTL INC COM 832110100 578 14,846 SH Sole 01 14,846
SONOCO PRODS CO COM 835495102 616 18,189 SH Sole 01 18,189
SONY CORP ADR NEW 835699307 0 10 SH Sole 01 10
SOUTHERN CO COM 842587107 690 21,055 SH Sole 01 21,055
SOUTHERN COPPER
CORP COM 84265V105 489 5,789 SH Sole 01 5,789
SOUTHERN UN CO NEW COM 844030106 345 13,889 SH Sole 01 13,889
ST PAUL TRAVELERS
INC COM 792860108 1,112 26,604 SH Sole 01 26,604
STANLEY FURNITURE
INC COM NEW 854305208 1,163 39,755 SH Sole 01 39,755
STAPLES INC COM 855030102 7,913 310,063 SH Sole 01 310,063
STARBUCKS CORP COM 855244109 5,305 140,984 SH Sole 01 140,984
STARWOOD
HOTELS&RESORTS
WRLD PAIRED CTF 85590A203 694 10,250 SH Sole 01 10,250
STATOIL ASA SPONSORED
ADR 85771P102 6,896 242,134 SH Sole 01 242,134
STEINER LEISURE LTD ORD P8744Y102 4,482 110,676 SH Sole 01 110,676
STERICYCLE INC COM 858912108 927 13,715 SH Sole 01 13,715
STREETTRACKS GOLD
TR GOLD SHS 863307104 2,658 45,741 SH Sole 01 45,741
STRYKER CORP COM 863667101 7,753 174,851 SH Sole 01 174,851
SUPERIOR INDS INTL
INC COM 868168105 211 10,922 SH Sole 01 10,922
SYMANTEC CORP COM 871503108 8,651 513,996 SH Sole 01 513,996
SYNAPTICS INC COM 87157D109 827 37,605 SH Sole 01 37,605
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ---------------------
NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
-------------- -------------- --------- -------- --------- --- ---- ---------- -------- --------- ------ ----
TAIWAN FD INC COM 874036106 519 32,229 SH Sole 01 32,229
TAIWAN GREATER
CHINA FD SH BEN INT 874037104 1 128 SH Sole 01 128
TAIWAN
SEMICONDUCTOR
MFG LTD SPONSORED ADR 874039100 4,763 473,424 SH Sole 01 473,424
TATA MTRS LTD SPONSORED ADR 876568502 1 71 SH Sole 01 71
TAUBMAN CTRS INC COM 876664103 1,545 37,072 SH Sole 01 37,072
TD BANKNORTH INC COM 87235A101 7,245 246,857 SH Sole 01 246,857
TECHNICAL
OLYMPIC USA INC COM 878483106 1,318 64,778 SH Sole 01 64,778
TECHNIP NEW SPONSORED ADR 878546209 6,535 96,194 SH Sole 01 96,194
TELE NORTE LESTE
PART S A SPON ADR PFD 879246106 921 55,223 SH Sole 01 55,223
TELECOM ITALIA S P
A NEW SPON ADR ORD 87927Y102 41 1,404 SH Sole 01 1,404
TELEFONICA S A SPONSORED ADR 879382208 1 11 SH Sole 01 11
TELEFONOS DE
MEXICO S A SPON ADR ORD L 879403780 55 2,468 SH Sole 01 2,468
TELLABS INC COM 879664100 565 35,551 SH Sole 01 35,551
TELSTRA CORP LTD SPONSORED ADR 87969N204 8,800 656,251 SH Sole 01 656,251
TEMPLETON
DRAGON FD INC COM 88018T101 3,358 155,237 SH Sole 01 155,237
TEMPLETON EMERG
MKTS INCOME COM 880192109 7,313 568,629 SH Sole 01 568,629
TENARIS S A SPONSORED ADR 88031M109 2 9 SH Sole 01 9
TENNECO INC COM 880349105 1,074 49,494 SH Sole 01 49,494
TEVA
PHARMACEUTICAL
INDS LTD ADR 881624209 10,660 258,875 SH Sole 01 258,875
TEXAS INSTRS INC COM 882508104 14,664 451,608 SH Sole 01 451,608
TEXTRON INC COM 883203101 6,195 66,338 SH Sole 01 66,338
THOR INDS INC COM 885160101 5,673 106,312 SH Sole 01 106,312
TIME WARNER INC COM 887317105 11,876 707,302 SH Sole 01 707,302
TORCHMARK CORP COM 891027104 7,241 126,815 SH Sole 01 126,815
TORO CO COM 891092108 3,928 82,264 SH Sole 01 82,264
TOTAL S A SPONSORED ADR 89151E109 9,445 71,703 SH Sole 01 71,703
TRACTOR SUPPLY
CO COM 892356106 967 14,576 SH Sole 01 14,576
TREND MICRO INC SPONS ADR 89486M206 1,927 55,301 SH Sole 01 55,301
TXU CORP COM 873168108 1,338 29,882 SH Sole 01 29,882
TYCO INTL LTD NEW COM 902124106 17,628 655,799 SH Sole 01 655,799
TYSON FOODS INC CL A 902494103 1,783 129,774 SH Sole 01 129,774
UBS AG NAMEN AKT H8920M855 6,548 59,539 SH Sole 01 59,539
UNITED DOMINION
REALTY TR IN COM 910197102 790 27,677 SH Sole 01 27,677
UNITED
MICROELECTRONICS
CORP SPONSORED ADR 910873207 5,668 1,662,305 SH Sole 01 1,662,305
UNITED
TECHNOLOGIES
CORP COM 913017109 4,353 75,091 SH Sole 01 75,091
UNITED UTILS PLC SPONSORED ADR 91311Q105 171 7,042 SH Sole 01 7,042
UNITEDHEALTH
GROUP INC COM 91324P102 6,758 120,985 SH Sole 01 120,985
UNIVERSAL HLTH
SVCS INC CL B 913903100 490 9,657 SH Sole 01 9,657
UNIVISION
COMMUNICATIONS
INC CL A 914906102 7,794 226,100 SH Sole 01 226,100
UNUMPROVIDENT
CORP COM 91529Y106 1,233 60,185 SH Sole 01 60,185
US BANCORP DEL COM 902973304 1,757 57,614 SH Sole 01 57,614
UST INC COM 902911106 1,238 29,765 SH Sole 01 29,765
V F CORP COM 918204108 8,096 142,282 SH Sole 01 142,282
VAN KAMPEN MUN
TR SH BEN INT 920919107 8 551 SH Sole 01 551
VAN KAMPEN TR
INVT FLA MUNS COM 920932100 153 10,154 SH Sole 01 10,154
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER -------------------
NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
-------------- ------------- --------- -------- ------- --- ---- ---------- -------- ------- ------ ----
VAN KAMPEN TR
INVT GRADE MUN COM 920929106 2,208 149,364 SH Sole 01 149,364
VAN KAMPEN TR
INVT GRADE N Y COM 920931102 753 49,564 SH Sole 01 49,564
VARIAN MED SYS
INC COM 92220P105 2,422 43,123 SH Sole 01 43,123
VCA ANTECH INC COM 918194101 920 32,290 SH Sole 01 32,290
VEOLIA
ENVIRONNEMENT SPONSORED ADR 92334N103 6,900 124,262 SH Sole 01 124,262
VERIZON
COMMUNICATIONS COM 92343V104 2,189 64,262 SH Sole 01 64,262
VIACOM INC NEW CL B 92553P201 6 150 SH Sole 01 150
VODAFONE GROUP
PLC NEW SPONSORED ADR 92857W100 9,648 461,648 SH Sole 01 461,648
VORNADO RLTY TR SH BEN INT 929042109 7,807 81,328 SH Sole 01 81,328
WABASH NATL
CORP COM 929566107 935 47,321 SH Sole 01 47,321
WACHOVIA CORP
2ND NEW COM 929903102 7,277 129,832 SH Sole 01 129,832
WALGREEN CO COM 931422109 2,170 50,309 SH Sole 01 50,309
WATSON
PHARMACEUTICALS
INC COM 942683103 1,655 57,596 SH Sole 01 57,596
WELLS FARGO & CO
NEW COM 949746101 1,921 30,070 SH Sole 01 30,070
WESCO INTL INC COM 95082P105 2,734 40,203 SH Sole 01 40,203
WESTLAKE CHEM
CORP COM 960413102 394 11,418 SH Sole 01 11,418
WHIRLPOOL CORP COM 963320106 1,011 11,051 SH Sole 01 11,051
WHOLE FOODS MKT
INC COM 966837106 458 6,896 SH Sole 01 6,896
WILLIAMS COS INC
DEL COM 969457100 681 31,860 SH Sole 01 31,860
WINNEBAGO INDS
INC COM 974637100 1 33 SH Sole 01 33
WORLD ACCEP
CORP DEL COM 981419104 1,278 46,656 SH Sole 01 46,656
WPP GROUP PLC SPON ADR 0905 929309409 10,425 173,715 SH Sole 01 173,715
WYETH COM 983024100 5,828 120,124 SH Sole 01 120,124
XCEL ENERGY INC COM 98389B100 2,741 151,037 SH Sole 01 151,037
XL CAP LTD CL A G98255105 679 10,587 SH Sole 01 10,587
YAHOO INC COM 984332106 8,910 276,208 SH Sole 01 276,208
YUM BRANDS INC COM 988498101 12,544 256,736 SH Sole 01 256,736
ZENITH NATL INS
CORP COM 989390109 912 18,950 SH Sole 01 18,950
ZIMMER HLDGS INC COM 98956P102 1,365 20,196 SH Sole 01 20,196