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, 2007
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: Smith Barney Fund Management, LLC
Address: 620 8th Ave
New York, New York 10018
13F File Number: 28-4024
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: Terrence Murphy
Title: Chief Administrative Officer
Phone: 212-559-0135
Signature, Place, and Date of Signing:
Terrence Murphy New York, New York February 14, 2008
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form13F Information Table Entry Total: 234
Form13F Information Table Value Total: $844,627 (thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional managers with respect to which this report is filed, other
than the manager filing this report.
No. 13F File Number Name
1 28-1700 Legg Mason, Inc.
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
3M CO COM 88579Y101 562 6660 SH DEFINED 1 6660 0 0
ABBOTT LABS COM 002824100 9168 163260 SH DEFINED 1 163260 0 0
ADOBE SYS INC COM 00724F101 337 7880 SH DEFINED 1 7880 0 0
ADVENT SOFTWARE INC COM 007974108 1894 35000 SH DEFINED 1 35000 0 0
AFLAC INC COM 001055102 2427 38750 SH DEFINED 1 38750 0 0
AGILENT TECHNOLOGIES INC COM 00846U101 2338 63630 SH DEFINED 1 63630 0 0
AIR PRODS & CHEMS INC COM 009158106 892 9040 SH DEFINED 1 9040 0 0
AKAMAI TECHNOLOGIES INC COM 00971T101 4106 118657 SH DEFINED 1 118657 0 0
ALCOA INC COM 013817101 4251 116300 SH DEFINED 1 116300 0 0
ALKERMES INC COM 01642T108 967 62000 SH DEFINED 1 62000 0 0
ALLIED WRLD ASSUR COM HLDG L SHS G0219G203 1667 33220 SH DEFINED 1 33220 0 0
ALTRIA GROUP INC COM 02209S103 2552 33753 SH DEFINED 1 33753 0 0
AMAZON COM INC COM 023135106 11306 122032 SH DEFINED 1 122032 0 0
AMERICAN EXPRESS CO COM 025816109 7335 141000 SH DEFINED 1 141000 0 0
AMERICAN INTL GROUP INC COM 026874107 5178 88806 SH DEFINED 1 88806 0 0
AMGEN INC COM 031162100 16382 352747 SH DEFINED 1 352747 0 0
ANADARKO PETE CORP COM 032511107 30855 469700 SH DEFINED 1 469700 0 0
ANNALY CAP MGMT INC COM 035710409 3460 190300 SH DEFINED 1 190300 0 0
APPLIED MATLS INC COM 038222105 5194 292400 SH DEFINED 1 292400 0 0
ARRIS GROUP INC COM 04269Q100 259 25862 SH DEFINED 1 25862 0 0
ASML HOLDING N V NY REG SHS N07059186 478 15245 SH DEFINED 1 15245 0 0
ASTORIA FINL CORP COM 046265104 273 11700 SH DEFINED 1 11700 0 0
AT&T INC COM 00206R102 2539 61085 SH DEFINED 1 61085 0 0
AUTODESK INC COM 052769106 5111 102700 SH DEFINED 1 102700 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 455 10203 SH DEFINED 1 10203 0 0
AVERY DENNISON CORP COM 053611109 670 12600 SH DEFINED 1 12600 0 0
BAKER HUGHES INC COM 057224107 2125 26200 SH DEFINED 1 26200 0 0
BANK OF AMERICA CORPORATION COM 060505104 7347 178046 SH DEFINED 1 178046 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 813 16664 SH DEFINED 1 16664 0 0
BARRICK GOLD CORP COM 067901108 646 15362 SH DEFINED 1 15362 0 0
BENTLEY PHARMACEUTICALS INC COM 082657107 2177 144260 SH DEFINED 1 144260 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 9204 65 SH DEFINED 1 65 0 0
BIOGEN IDEC INC COM 09062X103 19553 343507 SH DEFINED 1 343507 0 0
BIOMIMETIC THERAPEUTICS INC COM 09064X101 1147 65990 SH DEFINED 1 65990 0 0
BJ SVCS CO COM 055482103 1480 61000 SH DEFINED 1 61000 0 0
BOEING CO COM 097023105 4767 54500 SH DEFINED 1 54500 0 0
BP PLC SPONSORED ADR 055622104 154 2100 SH DEFINED 1 2100 0 0
BRIDGELINE SOFTWARE INC COM 10807Q205 66 16900 SH DEFINED 1 16900 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 186 7000 SH DEFINED 1 7000 0 0
BROADCOM CORP CL A 111320107 6222 238000 SH DEFINED 1 238000 0 0
CABLEVISION SYS CORP CL A NY CABLVS 12686C109 9783 399290 SH DEFINED 1 399290 0 0
CABOT MICROELECTRONICS CORP COM 12709P103 2065 57500 SH DEFINED 1 57500 0 0
CADBURY SCHWEPPES PLC ADR 127209302 182 3680 SH DEFINED 1 3680 0 0
CAPITAL ONE FINL CORP COM 14040H105 846 17900 SH DEFINED 1 17900 0 0
CATERPILLAR INC DEL COM 149123101 3846 53000 SH DEFINED 1 53000 0 0
CBS CORP NEW CL B 124857202 996 36525 SH DEFINED 1 36525 0 0
CHARMING SHOPPES INC COM 161133103 514 95000 SH DEFINED 1 95000 0 0
CHEVRON CORP NEW COM 166764100 3248 34800 SH DEFINED 1 34800 0 0
CHUBB CORP COM 171232101 6284 115120 SH DEFINED 1 115120 0 0
CIRRUS LOGIC INC COM 172755100 616 116600 SH DEFINED 1 116600 0 0
CISCO SYS INC COM 17275R102 8779 324308 SH DEFINED 1 324308 0 0
CIT GROUP INC COM 125581108 639 26575 SH DEFINED 1 26575 0 0
COCA COLA CO COM 191216100 3277 53395 SH DEFINED 1 53395 0 0
COHEN & STEERS INC COM 19247A100 1343 44800 SH DEFINED 1 44800 0 0
COMCAST CORP NEW CL A 20030N101 1414 77403 SH DEFINED 1 77403 0 0
COMCAST CORP NEW CL A SPL 20030N200 12546 692375 SH DEFINED 1 692375 0 0
CONOCOPHILLIPS COM 20825C104 1880 21287 SH DEFINED 1 21287 0 0
CORE LABORATORIES N V COM N22717107 8494 68100 SH DEFINED 1 68100 0 0
CORNING INC COM 219350105 480 20000 SH DEFINED 1 20000 0 0
COVANTA HLDG CORP COM 22282E102 197 7100 SH DEFINED 1 7100 0 0
COVENTRY HEALTH CARE INC COM 222862104 299 5035 SH DEFINED 1 5035 0 0
COVIDIEN LTD COM G2552X108 7305 164931 SH DEFINED 1 164931 0 0
CREE INC COM 225447101 811 29500 SH DEFINED 1 29500 0 0
CYTEC INDS INC COM 232820100 419 6800 SH DEFINED 1 6800 0 0
DELL INC COM 24702R101 170 6900 SH DEFINED 1 6900 0 0
DEVON ENERGY CORP NEW COM 25179M103 607 6825 SH DEFINED 1 6825 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C102 593 4170 SH DEFINED 1 4170 0 0
DISCOVERY HOLDING CO CL A COM 25468Y107 1417 56340 SH DEFINED 1 56340 0 0
DISNEY WALT CO COM DISNEY 254687106 17003 526721 SH DEFINED 1 526721 0 0
DOLBY LABORATORIES INC COM 25659T107 556 11170 SH DEFINED 1 11170 0 0
DOMINION RES INC VA NEW COM 25746U109 419 8830 SH DEFINED 1 8830 0 0
DOVER CORP COM 260003108 2817 61100 SH DEFINED 1 61100 0 0
DOW CHEM CO COM 260543103 2847 72200 SH DEFINED 1 72200 0 0
DSP GROUP INC COM 23332B106 528 43200 SH DEFINED 1 43200 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 5159 117000 SH DEFINED 1 117000 0 0
DUKE ENERGY CORP NEW COM 26441C105 206 10200 SH DEFINED 1 10200 0 0
E M C CORP MASS COM 268648102 560 30175 SH DEFINED 1 30175 0 0
EBAY INC COM 278642103 5947 179158 SH DEFINED 1 179158 0 0
ECHOSTAR COMMUNICATIONS NEW CL A 278762109 1344 35610 SH DEFINED 1 35610 0 0
ELAN PLC ADR 284131208 503 22880 SH DEFINED 1 22880 0 0
ELECTRONIC ARTS INC COM 285512109 4609 78907 SH DEFINED 1 78907 0 0
EMBARQ CORP COM 29078E105 1113 22457 SH DEFINED 1 22457 0 0
ENCANA CORP COM 292505104 463 6800 SH DEFINED 1 6800 0 0
ENZO BIOCHEM INC COM 294100102 1691 132721 SH DEFINED 1 132721 0 0
EXCEL TECHNOLOGY INC COM 30067T103 117 4300 SH DEFINED 1 4300 0 0
EXELON CORP COM 30161N101 442 5410 SH DEFINED 1 5410 0 0
EXXON MOBIL CORP COM 30231G102 4715 50320 SH DEFINED 1 50320 0 0
FEDERAL HOME LN MTG CORP COM 313400301 986 28923 SH DEFINED 1 28923 0 0
FOREST CITY ENTERPRISES INC CL A 345550107 389 8737 SH DEFINED 1 8737 0 0
FOREST LABS INC COM 345838106 14971 410720 SH DEFINED 1 410720 0 0
FORTUNE BRANDS INC COM 349631101 268 3700 SH DEFINED 1 3700 0 0
FRANKLIN RES INC COM 354613101 1042 9100 SH DEFINED 1 9100 0 0
GANNETT INC COM 364730101 14 350 SH DEFINED 1 350 0 0
GAP INC DEL COM 364760108 4627 217400 SH DEFINED 1 217400 0 0
GENENTECH INC COM NEW 368710406 7406 110417 SH DEFINED 1 110417 0 0
GENERAL ELECTRIC CO COM 369604103 11031 297550 SH DEFINED 1 297550 0 0
GENERAL MLS INC COM 370334104 296 5180 SH DEFINED 1 5180 0 0
GENZYME CORP COM 372917104 18615 250062 SH DEFINED 1 250062 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 4077 80900 SH DEFINED 1 80900 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 563 2616 SH DEFINED 1 2616 0 0
GOOGLE INC CL A 38259P508 341 492 SH DEFINED 1 492 0 0
GRANT PRIDECO INC COM 38821G101 11325 204000 SH DEFINED 1 204000 0 0
HALLIBURTON CO COM 406216101 2866 75590 SH DEFINED 1 75590 0 0
HARMAN INTL INDS INC COM 413086109 1241 16829 SH DEFINED 1 16829 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 2599 29800 SH DEFINED 1 29800 0 0
HEINZ H J CO COM 423074103 132 2825 SH DEFINED 1 2825 0 0
HOME DEPOT INC COM 437076102 5860 217492 SH DEFINED 1 217492 0 0
HONEYWELL INTL INC COM 438516106 7531 122310 SH DEFINED 1 122310 0 0
HUDSON CITY BANCORP COM 443683107 616 40960 SH DEFINED 1 40960 0 0
IAC INTERACTIVECORP COM NEW 44919P300 2716 100857 SH DEFINED 1 100857 0 0
ILLINOIS TOOL WKS INC COM 452308109 377 7030 SH DEFINED 1 7030 0 0
IMCLONE SYS INC COM 45245W109 6768 157382 SH DEFINED 1 157382 0 0
INTEL CORP COM 458140100 7865 295009 SH DEFINED 1 295009 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 6096 56390 SH DEFINED 1 56390 0 0
INTERPUBLIC GROUP COS INC COM 460690100 3005 370470 SH DEFINED 1 370470 0 0
ISHARES INC MSCI JAPAN 464286848 181 13600 SH DEFINED 1 13600 0 0
ISIS PHARMACEUTICALS INC COM 464330109 1253 79500 SH DEFINED 1 79500 0 0
J CREW GROUP INC COM 46612H402 49 1000 SH DEFINED 1 1000 0 0
JOHNSON & JOHNSON COM 478160104 14324 214741 SH DEFINED 1 214741 0 0
JP MORGAN CHASE & CO COM 46625H100 9378 214833 SH DEFINED 1 214833 0 0
KELLOGG CO COM 487836108 298 5680 SH DEFINED 1 5680 0 0
KIMBERLY CLARK CORP COM 494368103 5343 77050 SH DEFINED 1 77050 0 0
KING PHARMACEUTICALS INC COM 495582108 397 38733 SH DEFINED 1 38733 0 0
KRAFT FOODS INC CL A 50075N104 4363 133691 SH DEFINED 1 133691 0 0
L-3 COMMUNICATIONS HLDGS INC COM 502424104 12004 113300 SH DEFINED 1 113300 0 0
LEHMAN BROS HLDGS INC COM 524908100 21864 334105 SH DEFINED 1 334105 0 0
LIBERTY GLOBAL INC COM SER A 530555101 1032 26329 SH DEFINED 1 26329 0 0
LIBERTY GLOBAL INC COM SER C 530555309 979 26737 SH DEFINED 1 26737 0 0
LIBERTY MEDIA HLDG CORP INT COM SER A 53071M104 3859 202217 SH DEFINED 1 202217 0 0
LIBERTY MEDIA HLDG CORP CAP COM SER A 53071M302 4866 41770 SH DEFINED 1 41770 0 0
LILLY ELI & CO COM 532457108 2766 51800 SH DEFINED 1 51800 0 0
LOEWS CORP COM 540424108 1813 36000 SH DEFINED 1 36000 0 0
LSI CORPORATION COM 502161102 156 29376 SH DEFINED 1 29376 0 0
MARCUS CORP COM 566330106 112 7240 SH DEFINED 1 7240 0 0
MARSH & MCLENNAN COS INC COM 571748102 860 32485 SH DEFINED 1 32485 0 0
MASCO CORP COM 574599106 511 23640 SH DEFINED 1 23640 0 0
MCCORMICK & CO INC COM NON VTG 579780206 339 8930 SH DEFINED 1 8930 0 0
MCDONALDS CORP COM 580135101 2173 36876 SH DEFINED 1 36876 0 0
MEDTRONIC INC COM 585055106 2832 56318 SH DEFINED 1 56318 0 0
MEMC ELECTR MATLS INC COM 552715104 217 2450 SH DEFINED 1 2450 0 0
MERCK & CO INC COM 589331107 198 3400 SH DEFINED 1 3400 0 0
MERRILL LYNCH & CO INC COM 590188108 17737 330421 SH DEFINED 1 330421 0 0
MICROMET INC COM 59509C105 28 13241 SH DEFINED 1 13241 0 0
MICRON TECHNOLOGY INC COM 595112103 4950 682700 SH DEFINED 1 682700 0 0
MICROSOFT CORP COM 594918104 13967 392319 SH DEFINED 1 392319 0 0
MILLENNIUM PHARMACEUTICALS I COM 599902103 3640 242976 SH DEFINED 1 242976 0 0
MONSANTO CO NEW COM 61166W101 394 3520 SH DEFINED 1 3520 0 0
MONSTER WORLDWIDE INC COM 611742107 280 8640 SH DEFINED 1 8640 0 0
MORGAN STANLEY COM NEW 617446448 2190 41230 SH DEFINED 1 41230 0 0
MOTOROLA INC COM 620076109 14155 882466 SH DEFINED 1 882466 0 0
NABI BIOPHARMACEUTICALS COM 629519109 80 22100 SH DEFINED 1 22100 0 0
NABORS INDUSTRIES LTD SHS G6359F103 1082 39500 SH DEFINED 1 39500 0 0
NANOGEN INC COM 630075109 19 52200 SH DEFINED 1 52200 0 0
NASDAQ STOCK MARKET INC COM 631103108 4551 91956 SH DEFINED 1 91956 0 0
NETWORK APPLIANCE INC COM 64120L104 427 17090 SH DEFINED 1 17090 0 0
NEW YORK CMNTY BANCORP INC COM 649445103 1956 111216 SH DEFINED 1 111216 0 0
NEWFIELD EXPL CO COM 651290108 1424 27013 SH DEFINED 1 27013 0 0
NEWS CORP CL B 65248E203 9635 453386 SH DEFINED 1 453386 0 0
NOKIA CORP SPONSORED ADR 654902204 7232 188375 SH DEFINED 1 188375 0 0
NOVARTIS A G SPONSORED ADR 66987V109 3832 70540 SH DEFINED 1 70540 0 0
NOVELLUS SYS INC COM 670008101 2769 100400 SH DEFINED 1 100400 0 0
ORACLE CORP COM 68389X105 362 16000 SH DEFINED 1 16000 0 0
ORBITAL SCIENCES CORP COM 685564106 401 16330 SH DEFINED 1 16330 0 0
PALL CORP COM 696429307 5012 124300 SH DEFINED 1 124300 0 0
PARKER HANNIFIN CORP COM 701094104 214 2840 SH DEFINED 1 2840 0 0
PEPSICO INC COM 713448108 4046 53299 SH DEFINED 1 53299 0 0
PFIZER INC COM 717081103 5168 227349 SH DEFINED 1 227349 0 0
PITNEY BOWES INC COM 724479100 233 6100 SH DEFINED 1 6100 0 0
PMI GROUP INC COM 69344M101 1534 115480 SH DEFINED 1 115480 0 0
PPG INDS INC COM 693506107 387 5500 SH DEFINED 1 5500 0 0
PROCTER & GAMBLE CO COM 742718109 5006 68174 SH DEFINED 1 68174 0 0
PROGRESSIVE CORP OHIO COM 743315103 266 13870 SH DEFINED 1 13870 0 0
QUALCOMM INC COM 747525103 4243 107824 SH DEFINED 1 107824 0 0
QUANTUM CORP COM DSSG 747906204 261 96700 SH DEFINED 1 96700 0 0
RADIAN GROUP INC COM 750236101 80 6833 SH DEFINED 1 6833 0 0
RAYTHEON CO COM NEW 755111507 9227 152000 SH DEFINED 1 152000 0 0
RED HAT INC COM 756577102 3462 166120 SH DEFINED 1 166120 0 0
RF MICRODEVICES INC COM 749941100 643 112500 SH DEFINED 1 112500 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 944 11200 SH DEFINED 1 11200 0 0
SANDISK CORP COM 80004C101 6936 209091 SH DEFINED 1 209091 0 0
SANDRIDGE ENERGY INC COM 80007P307 104 2900 SH DEFINED 1 2900 0 0
SCHERING PLOUGH CORP COM 806605101 542 20320 SH DEFINED 1 20320 0 0
SCHLUMBERGER LTD COM 806857108 2883 29300 SH DEFINED 1 29300 0 0
SEAGATE TECHNOLOGY SHS G7945J104 3129 122696 SH DEFINED 1 122696 0 0
SEMPRA ENERGY COM 816851109 2138 34540 SH DEFINED 1 34540 0 0
SIMPSON MANUFACTURING CO INC COM 829073105 647 24300 SH DEFINED 1 24300 0 0
SIRIUS SATELLITE RADIO INC COM 82966U103 2673 882030 SH DEFINED 1 882030 0 0
SOCKET COMMUNICATIONS INC COM 833672108 10 11700 SH DEFINED 1 11700 0 0
SPECTRA ENERGY CORP COM 847560109 338 13084 SH DEFINED 1 13084 0 0
SPRINT NEXTEL CORP COM SER 1 852061100 864 65785 SH DEFINED 1 65785 0 0
STANDARD MICROSYSTEMS CORP COM 853626109 172 4400 SH DEFINED 1 4400 0 0
STAPLES INC COM 855030102 618 26745 SH DEFINED 1 26745 0 0
STATE STR CORP COM 857477103 7162 88200 SH DEFINED 1 88200 0 0
STREETTRACKS GOLD TR GOLD SHS 863307104 170 2050 SH DEFINED 1 2050 0 0
SUNCOR ENERGY INC COM 867229106 799 7347 SH DEFINED 1 7347 0 0
SYBASE INC COM 871130100 50 1900 SH DEFINED 1 1900 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 3562 357606 SH DEFINED 1 357606 0 0
TARGET CORP COM 87612E106 725 14500 SH DEFINED 1 14500 0 0
TENNECO INC COM 880349105 153 5860 SH DEFINED 1 5860 0 0
TERADYNE INC COM 880770102 1000 96659 SH DEFINED 1 96659 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 1162 24980 SH DEFINED 1 24980 0 0
TEXAS INSTRS INC COM 882508104 11789 352954 SH DEFINED 1 352954 0 0
TEXTRON INC COM 883203101 2353 32999 SH DEFINED 1 32999 0 0
TIME WARNER INC COM 887317105 16936 1025752 SH DEFINED 1 1025752 0 0
TOLL BROTHERS INC COM 889478103 611 30420 SH DEFINED 1 30420 0 0
TOTAL S A SPONSORED ADR 89151E109 3071 37170 SH DEFINED 1 37170 0 0
TRAVELERS COMPANIES INC COM 89417E109 2083 38700 SH DEFINED 1 38700 0 0
TYCO ELECTRONICS LTD COM NEW G9144P105 6124 164931 SH DEFINED 1 164931 0 0
TYCO INTL LTD BERMUDA SHS G9143X208 6812 171781 SH DEFINED 1 171781 0 0
UNILEVER PLC SPON ADR NEW 904767704 4096 109460 SH DEFINED 1 109460 0 0
UNITED PARCEL SERVICE INC CL B 911312106 566 8000 SH DEFINED 1 8000 0 0
UNITED TECHNOLOGIES CORP COM 913017109 2235 29200 SH DEFINED 1 29200 0 0
UNITEDHEALTH GROUP INC COM 91324P102 24628 423150 SH DEFINED 1 423150 0 0
VALEANT PHARMACEUTICALS INTL COM 91911X104 1439 120200 SH DEFINED 1 120200 0 0
VERIGY LTD SHS Y93691106 572 21018 SH DEFINED 1 21018 0 0
VERISIGN INC COM 92343E102 2002 53210 SH DEFINED 1 53210 0 0
VERIZON COMMUNICATIONS COM 92343V104 239 5450 SH DEFINED 1 5450 0 0
VERTEX PHARMACEUTICALS INC COM 92532F100 3220 138579 SH DEFINED 1 138579 0 0
VIACOM INC NEW CL B 92553P201 1605 36525 SH DEFINED 1 36525 0 0
VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 7210 193175 SH DEFINED 1 193175 0 0
WACHOVIA CORP NEW COM 929903102 704 18489 SH DEFINED 1 18489 0 0
WAL MART STORES INC COM 931142103 7715 162300 SH DEFINED 1 162300 0 0
WALGREEN CO COM 931422109 187 4900 SH DEFINED 1 4900 0 0
WASTE MGMT INC DEL COM 94106L109 631 19300 SH DEFINED 1 19300 0 0
WAVE SYSTEMS CORP COM NEW 943526301 260 179020 SH DEFINED 1 179020 0 0
WEATHERFORD INTERNATIONAL LT COM G95089101 23448 341800 SH DEFINED 1 341800 0 0
WELLPOINT INC COM 94973V107 1483 16900 SH DEFINED 1 16900 0 0
WELLS FARGO & CO NEW COM 949746101 2148 71130 SH DEFINED 1 71130 0 0
WEYERHAEUSER CO COM 962166104 3891 52755 SH DEFINED 1 52755 0 0
WILLIAMS COS INC DEL COM 969457100 3117 87100 SH DEFINED 1 87100 0 0
WORLD WRESTLING ENTMT INC CL A 98156Q108 96 6500 SH DEFINED 1 6500 0 0
WRIGLEY WM JR CO COM 982526105 3735 63785 SH DEFINED 1 63785 0 0
WYETH COM 983024100 5259 119000 SH DEFINED 1 119000 0 0
YAHOO INC COM 984332106 4266 183388 SH DEFINED 1 183388 0 0