Item 1. Report to Shareholders
T. Rowe Price Extended Equity Market Index Fund
- --------------------------------------------------------------------------------
June 30, 2003
Certified Financials
T. Rowe Price Extended Equity Market Index Fund
- --------------------------------------------------------------------------------
Certified Financials (Unaudited)
Financial Highlights For a share outstanding throughout each period
- --------------------------------------------------------------------------------
6 Months Year 1/30/98
Ended Ended Through
6/30/03 12/31/02 12/31/01 12/31/00 12/31/99 12/31/98
- --------------------------------------------------------------------------------
NET ASSET VALUE
Beginning
of period $ 7.94 $ 9.77 $ 11.12 $ 14.05 $ 11.02 $ 10.00
- --------------------------------------------------------------------------------
Investment activities
Net investment
income (loss) 0.03 0.06 0.10 0.09 0.10 0.08
Net realized
and unrealized
gain (loss) 1.32 (1.83) (1.17) (2.26) 3.56 1.13
Total from
investment
activities 1.35 (1.77) (1.07) (2.17) 3.66 1.21
Distributions
Net investment
income -- (0.06) (0.10) (0.09) (0.10) (0.08)
Net realized
gain -- -- (0.18) (0.67) (0.53) (0.11)
Total
distributions -- (0.06) (0.28) (0.76) (0.63) (0.19)
NET ASSET VALUE
End of
period $ 9.29 $ 7.94 $ 9.77 $ 11.12 $ 14.05 $ 11.02
- --------------------------------------------------------------------------------
Ratios/Supplemental Data
Total return^ 17.00% (18.12)% (9.55)% (15.58)% 33.72% 12.29%
Ratio of total
expenses to
average net
assets 0.40%! 0.40% 0.40% 0.40% 0.40% 0.40%!
Ratio of net
investment
income (loss)
to average
net assets 0.73%! 0.74% 0.96% 0.78% 1.04% 1.15%!
Portfolio
turnover rate 7.4%! 21.0% 31.3% 30.5% 23.4% 26.3%!
Net assets,
end of period
(in thousands) $ 85,694 $ 66,658 $ 77,331 $ 86,322 $ 54,219 $ 20,743
- --------------------------------------------------------------------------------
^ Total return reflects the rate that an investor would have earned on an
investment in the fund during each period, assuming reinvestment of all
distributions and payment of no redemption or account fees.
! Annualized
The accompanying notes are an integral part of these financial statements.
T. Rowe Price Extended Equity Market Index Fund
- --------------------------------------------------------------------------------
Certified Financials (Unaudited) June 30, 2003
Statement of Net Assets Shares/Par Value
- --------------------------------------------------------------------------------
In thousands
Common Stocks 95.1%
CONSUMER DISCRETIONARY 17.8%
Auto Components 0.6%
Lear * 2,000 $ 92
Gentex * 2,500 77
Borg-Warner 800 52
Arvinmeritor 2,125 43
Superior Industries International 1,000 42
American Axle & Manufacturing Holdings * 1,400 33
Bandag Inc. 600 22
Modine Manufacturing 900 17
Keystone Automotive * 900 16
Rockford Corporation * 2,600 15
Finishmaster * 1,400 14
Sauer-Danfoss 1,200 13
Noble International (misc.symbol) 1,400 12
Aftermarket Technology * 1,100 12
Sports Resorts
International *(misc.symbol) 2,300 11
Tower Automotive *(misc.symbol) 2,600 10
Dura Automotive Systems * 800 8
Collins & Aikman * 2,500 7
Strattec Security * 100 5
IMPCO Technologies *(misc.symbol) 700 4
Standard Motor Products, Class A 200 2
Amcast Industrial * 2,200 2
QUANTUM Fuel Systems
Technologies Worldwide *(misc.symbol) 700 2
511
Automobiles 0.1%
Thor Industries (misc.symbol) 800 33
Winnebago (misc.symbol) 600 23
Monaco Coach *(misc.symbol) 900 14
Coachmen Industries (misc.symbol) 700 8
National RV Holdings * 1,200 6
84
Distributors 0.1%
Hughes Supply 800 $ 28
Handleman * 1,300 21
WESCO International * 2,300 14
Advanced Marketing
Services (misc.symbol) 900 12
Source Information Management * 1,400 10
85
Hotels, Restaurants & Leisure 2.7%
MGM Mirage * 4,896 167
Royal Caribbean Cruises 6,510 151
Brinker * 3,450 124
Outback Steakhouse 2,600 101
Park Place Entertainment * 9,500 86
GTECH * 2,100 79
International Speedway, Class A 2,000 79
Krispy Kreme *(misc.symbol) 1,900 78
Cracker Barrel 2,000 78
Mandalay Resort Group 2,200 70
Cheesecake Factory * 1,650 59
Applebee's 1,750 55
Station Casinos *(misc.symbol) 2,150 54
Cedar Fair L. P. (misc.symbol) 1,800 50
Ruby Tuesday 2,000 50
PF Chang's China Bistro *(misc.symbol) 1,000 49
Extended Stay America * 3,500 47
Alliance Gaming * 2,400 45
Choice Hotels International * 1,600 44
Panera Bread, Class A *(misc.symbol) 1,000 40
Speedway Motorsports 1,400 38
Boyd Gaming *(misc.symbol) 2,100 36
Bob Evans Farms 1,200 33
Sonic * 1,175 30
CEC Entertainment * 800 30
Shuffle Master *(misc.symbol) 1,000 29
Jack In The Box * 1,300 29
Penn National Gaming * 1,400 29
IHOP 900 28
Aztar * 1,700 27
Landry's Seafood Restaurant 1,100 $ 26
Isle of Capri Casinos * 1,400 23
Rare Hospitality International * 700 23
Triarc Companies, Class A *(misc.symbol) 700 21
Papa John's International *(misc.symbol) 700 20
Wynn Resorts *(misc.symbol) 1,100 20
Marcus 1,300 20
Ameristar Casinos * 900 19
Churchill Downs (misc.symbol) 500 19
Six Flags * 2,800 19
Argosy Gaming * 900 19
La Quinta Properties, REIT * 4,300 19
Gaylord Entertainment * 900 18
Ryan's Family Steak Houses * 1,200 17
Multimedia Games *(misc.symbol) 600 15
California Pizza Kitchen * 700 15
Frisch's Restaurants 800 14
WMS Industries *(misc.symbol) 900 14
Garden Fresh Restaurant * 1,500 14
Prime Hospitality * 2,000 14
Scientific Games, Class A * 1,400 13
Dave & Buster * 1,200 13
Boca Resorts, Class A * 1,000 13
Steak 'N Shake * 800 12
Vail Resorts * 900 12
Lone Star Steakhouse & Saloon 500 11
O' Charley's *(misc.symbol) 500 11
Pinnacle Entertainment * 1,400 10
AFC Enterprises * 500 8
BUCA *(misc.symbol) 1,300 7
Bally Total Fitness
Holdings *(misc.symbol) 800 7
CKR Restaurants * 1,250 7
Schlotzsky's * 2,100 5
MTR Gaming Group * 600 5
Dover Downs Gaming & Entertainment 490 5
Famous Dave's of America * 1,000 4
Dover Motorsports 700 3
2,330
Household Durables 1.8%
Lennar, Class A (misc.symbol) 2,184 $ 156
D. R. Horton 4,842 136
Mohawk Industries * 2,254 125
NVR * 230 95
Harman International 1,000 79
Clayton Homes 5,550 70
Hovnanian Enterprises, Class A * 1,020 60
Toll Brothers * 2,000 57
Ryland Group 800 55
Furniture Brands International * 1,900 50
La-Z Boy (misc.symbol) 2,200 49
Blyth Industries 1,800 49
Yankee Candle Company * 2,100 49
MDC Holdings 968 47
Ethan Allen Interiors 1,200 42
Toro 800 32
Standard Pacific 900 30
Meritage *(misc.symbol) 600 30
Russ Berrie 800 29
Beazer Homes *(misc.symbol) 300 25
Fleetwood *(misc.symbol) 3,300 24
WCI Communities, REIT * 1,200 23
Technical Olympic USA * 900 21
Kimball International, Class B 1,300 20
Rayovac * 1,400 18
Universal Electronics * 1,200 15
Helen of Troy Limited * 1,000 15
Palm Harbor Homes *(misc.symbol) 800 15
Flexsteel Industries 900 15
Knape & Vogt Manufacturing 1,400 14
Lennar, Class B 208 14
Enesco Group * 1,800 13
Skyline 400 12
Champion Enterprises *(misc.symbol) 2,300 12
Jarden Corporation *(misc.symbol) 400 11
Applica 1,300 11
Stanley Furniture 400 $ 11
Department 56 * 700 11
Libbey 300 7
A. T. Cross, Class A * 1,100 7
Oneida (misc.symbol) 500 3
Foamex International *(misc.symbol) 900 3
Bush Industries, Class A 900 3
1,563
Internet & Catalog Retail 0.7%
Amazon.com *(misc.symbol) 13,100 478
Netflix *(misc.symbol) 1,200 31
priceline.com *(misc.symbol) 1,233 27
GSI Commerce * 3,700 25
Alloy Online *(misc.symbol) 3,200 21
1-800-Flowers.com, Class A * 2,500 20
ValueVision International,
Class A *(misc.symbol) 1,300 18
Insight Enterprises * 1,400 14
J. Jill Group * 750 13
Coldwater Creek *(misc.symbol) 450 5
Hollywood Media * 1,300 2
Delias, Class A * 1,700 1
655
Leisure Equipment & Products 0.3%
Polaris Industries (misc.symbol) 700 43
Marvel Enterprises *(misc.symbol) 2,200 42
Callaway Golf 2,900 38
Oakley * 2,500 29
SCP Pool *(misc.symbol) 650 22
Leapfrog Enterprises * 400 13
Boyds Collection *(misc.symbol) 2,700 13
JAKKS Pacific *(misc.symbol) 900 12
RC2 Corporation * 700 12
Nautilus Group (misc.symbol) 937 12
Arctic Cat (misc.symbol) 500 10
Johnson Outside, Class A *(misc.symbol) 700 10
Action Performance (misc.symbol) 500 9
Steinway Musical Instruments * 600 9
MarineMax *(misc.symbol) 600 8
282
Media 6.8%
Liberty Media, Class A * 80,925 $ 935
Cox Communications, Class A * 19,045 608
Hughes Electronics * 36,177 463
Fox Entertainment Group, Class A * 11,200 322
Echostar Communications, Class A * 8,200 284
Scripps, Class A 2,550 226
Washington Post, Class B 300 220
Cablevision Systems,
Class A *(misc.symbol) 7,660 159
Westwood One * 3,700 126
Pixar *(misc.symbol) 1,800 109
Lamar Advertising, Class A * 3,000 106
Metro Goldwyn Mayer * 7,800 97
Hispanic Broadcasting * 3,600 92
PanAmSat *(misc.symbol) 4,700 87
McClatchy, Class A 1,400 81
Belo Corporation 3,600 80
Entercom Communications * 1,600 78
Hearst-Argyle Television * 2,891 75
Getty Images * 1,800 74
Radio One, Class A * 4,000 71
Lee Enterprises 1,800 68
Gemstar TV Guide * 12,000 61
Harte-Hanks 3,150 60
Interactive Data * 3,300 56
John Wiley & Sons, Class A 2,100 55
Sirius Satellite Radio *(misc.symbol) 29,000 49
Scholastic * 1,400 42
Reader's Digest, Class A 3,000 40
Media General, Class A 700 40
Emmis Communications * 1,700 39
Charter Communications,
Class A *(misc.symbol) 9,800 39
XM Satellite Radio Holdings,
Class A *(misc.symbol) 3,500 39
Cumulus Media, Class A * 2,000 38
R.H. Donnelley * 1,000 36
Hollinger International, Class A 3,300 36
Regal Entertainment Group, Class A 1,500 35
Cox Radio, Class A * 1,500 $ 35
TiVo *(misc.symbol) 2,800 34
Catalina Marketing * 1,850 33
Mediacom Communications, Class A * 3,300 33
Insight Communications,
Class A *(misc.symbol) 2,400 32
Grey Advertising 40 31
Unitedglobalcom, Class A *(misc.symbol) 5,600 29
FNIS *(misc.symbol) 1,100 29
Paxson Communications * 4,500 27
LIN TV, Class A * 1,100 26
Liberty 600 25
Young Broadcasting, Class A * 1,200 25
Journal Register * 1,300 23
Entravision Communications, Class A * 2,000 23
ProQuest *(misc.symbol) 800 21
Salem Communications, Class A * 1,000 20
Harris Interactive * 3,000 20
Pulitzer 400 20
Value Line 400 20
Playboy Enterprises,
Class B *(misc.symbol) 1,400 19
Sinclair Broadcast Group,
Class A *(misc.symbol) 1,600 19
Primedia *(misc.symbol) 5,836 18
ADVO * 400 18
Saga Communications, Class A * 850 16
Beasley Broadcast Group, Class A * 1,200 16
Spanish Broadcasting, Class A * 1,900 15
Fisher Companies * 300 15
Daily Journal * 600 15
Cadmus Communications 1,500 13
Acme Communications * 1,700 13
Information Holdings * 700 13
Equity Marketing * 800 12
AMC Entertainment * 1,000 11
Crown Media, Class A *(misc.symbol) 2,700 11
Regent Communications * 1,800 11
APAC TeleServices * 3,700 9
4Kids Entertainment * 500 9
Sonic Solutions *(misc.symbol) 700 $ 6
LodgeNet Entertainment * 500 5
On Command *(misc.symbol) 2,000 2
Championship Auto Racing
Team *(misc.symbol) 500 1
Penton Media * 1,700 1
5,800
Multiline Retail 0.5%
Dollar Tree Stores * 3,725 118
99 Cents Only Stores *(misc.symbol) 2,565 88
Neiman Marcus, Class A * 1,800 66
Tuesday Morning * 1,500 39
Saks * 3,375 33
Fred's, Class A 750 28
Shopko Stores *(misc.symbol) 1,600 21
Bon-Ton Stores * 3,500 17
410
Specialty Retail 3.3%
Weight Watchers *(misc.symbol) 3,600 163
Williams-Sonoma * 4,000 117
CarMax * 3,600 109
Ross Stores 2,500 107
Abercrombie & Fitch, Class A * 3,400 97
Michaels Stores * 2,200 84
Rent-A-Center * 1,100 83
PETsMART * 4,500 75
Advanced Auto Parts *(misc.symbol) 1,206 73
Chico's *(misc.symbol) 3,100 65
Pier 1 Imports 3,100 63
Foot Locker 4,700 62
Borders Group * 3,400 60
Talbots 1,900 56
Zale * 1,300 52
Barnes & Noble * 2,200 51
O'Reilly Automotive * 1,500 50
Claire's Stores 1,800 46
Regis 1,500 44
American Eagle Outfitters * 2,300 42
Men's Wearhouse *(misc.symbol) 1,800 39
TSC *(misc.symbol) 800 $ 38
United Auto Group *(misc.symbol) 1,600 35
AnnTaylor Stores * 1,200 35
Hollywood Entertainment * 1,900 33
Pacific Sunwear * 1,350 32
Christopher & Banks *(misc.symbol) 875 32
Linens 'n Things * 1,300 31
Asbury Automotive Group * 2,200 30
Hot Topic *(misc.symbol) 1,100 30
Payless Shoesource * 2,315 29
Aeropostale * 1,300 28
The Children's Place *(misc.symbol) 1,400 28
Pep Boys (misc.symbol) 2,000 27
Guitar Center *(misc.symbol) 900 26
Group One Automotive *(misc.symbol) 800 26
Electronics Boutique
Holdings *(misc.symbol) 1,100 25
West Marine *(misc.symbol) 1,400 24
Movie Gallery * 1,300 24
Blockbuster, Class A 1,400 24
Sharper Image *(misc.symbol) 800 22
E Com * 2,900 22
Urban Outfitters *(misc.symbol) 600 22
Burlington Coat Factory 1,200 21
Genesco *(misc.symbol) 1,200 21
Too * 1,000 20
Hancock Fabrics 1,200 19
Tweeter Home Entertainment Group * 2,200 19
Cato Corporation, Class A 900 19
CSK Auto *(misc.symbol) 1,300 19
Stein Mart * 3,100 19
Gymboree * 1,100 18
Charming Shoppes *(misc.symbol) 3,700 18
Aaron Rents, Class B 700 18
Dress Barn * 1,400 18
Rex Stores * 1,450 18
Sonic Automotive, Class A * 800 18
bebe stores *(misc.symbol) 900 17
TBC * 900 $ 17
Aaron Rents, Class A 700 17
Winmark * 1,200 17
OfficeMax * 2,400 16
The Finish Line, Class A * 700 16
Buckle *(misc.symbol) 800 15
Hibbett Sporting Goods * 450 15
Cost Plus * 400 14
Gart Sports Company *(misc.symbol) 500 14
PC Connection * 2,000 14
Shoe Carnival * 900 13
Restoration Hardware *(misc.symbol) 2,900 13
Lithia Motors, Class A * 800 13
Ultimate Electronics *(misc.symbol) 1,000 13
Trans World Entertainment *(misc.symbol) 2,500 13
Big 5 Sporting Goods * 1,000 13
Party City * 1,200 12
Syms * 1,900 12
Finlay Enterprises * 700 12
Guess? * 1,700 10
Pomeroy Computer Resources * 900 10
Stage Stores *(misc.symbol) 400 9
Wet Seal *(misc.symbol) 875 9
Building Materials Holdings 600 9
Sports Authority * 800 9
Whitehall Jewellers * 900 8
Cole National, Class A * 600 7
Wilsons Leather *(misc.symbol) 900 6
Charlotte Russe Holding *(misc.symbol) 600 6
Haverty Furniture 300 5
Footstar *(misc.symbol) 400 5
Rent Way * 700 3
Mothers Work * 100 3
Good Guys *(misc.symbol) 1,400 2
United Retail Group * 1,000 2
Friedman's, Class A 100 1
2,816
Textiles, Apparel, & Luxury Goods 0.9%
Coach * 3,000 $ 149
Columbia Sportswear * 1,450 75
Timberland, Class A * 1,200 63
Fossil *(misc.symbol) 1,725 41
Polo Ralph Lauren, Class A 1,400 36
Quiksilver * 2,000 33
Brown Group 1,100 33
Wolverine World Wide 1,300 25
K-Swiss, Class A 700 24
Russell 1,000 19
Kellwood 600 19
Weyco Group 400 18
Maxwell Shoe, Class A * 1,200 17
Saucony, Class B (misc.symbol) 1,400 17
Tandy Brands * 1,400 17
Unifi * 2,400 15
Cherokee * 700 14
Phillips-Van Heusen 1,000 14
Superior Uniform Group 1,200 13
UniFirst 600 13
Movado Group 600 13
Haggar 1,000 12
Oshkosh B'Gosh, Class A 400 11
Nautica Enterprises * 800 10
Kenneth Cole Productions,
Class A *(misc.symbol) 500 10
Cutter & Buck * 1,900 10
Madden Steven * 400 9
Quaker Fabric 1,300 9
Culp *(misc.symbol) 1,100 8
Stride Rite 700 7
Lazare Kaplan International * 1,100 6
Mossimo *(misc.symbol) 1,500 6
Tarrant Apparel *(misc.symbol) 1,400 4
770
Total Consumer Discretionary 15,306
CONSUMER STAPLES 3.5%
Beverages 0.3%
Constellation Brands, Class A * 3,000 $ 94
PepsiAmericas 5,500 69
Coca-Cola Bottling 400 22
Chalone Wine Group *(misc.symbol) 1,500 12
Robert Mondavi, Class A * 400 10
National Beverage * 500 7
Midwest Grain Products 700 6
220
Food & Staples Retailing 0.6%
Whole Foods Market * 1,900 90
Rite Aid *(misc.symbol) 13,600 60
Performance Food Group (misc.symbol) 1,500 55
Nash Finch 2,200 37
7-Eleven * 3,200 34
BJ's Wholesale Club * 2,200 33
Casey's General Stores 1,600 23
Ruddick 1,400 22
Weis Markets 700 22
Longs Drug Stores (misc.symbol) 1,200 20
United Natural Foods *(misc.symbol) 700 20
Marsh Supermarkets, Class B 1,500 18
Great Atlantic & Pacific Tea
Company *(misc.symbol) 2,000 18
Duane Reade *(misc.symbol) 1,100 16
Wild Oats Markets *(misc.symbol) 1,100 12
Arden Group * 200 12
Pathmark Stores * 1,500 11
Fresh Brands 800 11
Smart & Final * 1,200 6
PriceSmart *(misc.symbol) 200 3
Fleming Companies (misc.symbol) 1,500 0
523
Food Products 1.9%
Kraft Foods, Class A 8,900 290
Dean Foods * 4,458 140
Tyson Foods, Class A 11,019 117
Hormel Foods 4,300 $ 102
Bunge Limited 3,100 89
Dreyer's Grand Ice Cream,
Class A (misc.symbol) 1,100 86
J.M. Smucker Company 1,867 74
Smithfield Foods * 3,100 71
Del Monte Foods * 6,400 57
Tootsie Roll Industries 1,735 53
Lancaster Colony 1,200 46
Corn Products International 1,300 39
Fresh Del Monte Produce (misc.symbol) 1,500 39
Flowers Foods 1,710 34
Delta Pine & Land 1,500 33
Sensient Technologies
Corporation (misc.symbol) 1,400 32
Chiquita Brands * 2,100 30
Zapata Corporation *(misc.symbol) 500 24
Farmer Bros. (misc.symbol) 70 24
Central Garden & Pet * 900 21
International Multifoods *(misc.symbol) 900 21
Interstate Bakeries 1,600 20
Ralcorp Holdings * 800 20
Horizon Organic *(misc.symbol) 800 19
American Italian Pasta,
Class A *(misc.symbol) 400 17
Riviana Foods 600 16
Peet's Coffee & Tea *(misc.symbol) 900 16
Maui Land & Pineapple *(misc.symbol) 600 13
Pilgrim's Pride (misc.symbol) 1,300 13
Rocky Mountain Chocolate Factory * 1,468 12
Hain Celestial Group * 700 11
Seabord 50 10
Lance 1,100 10
Alico 400 10
J&J Snack Foods * 300 10
Lifeway Foods * 1,100 9
Sanderson Farms 300 8
Green Mountain Coffee Roasters * 200 4
Bridgford Foods (misc.symbol) 500 4
Aurora Foods * 2,928 1
Cadiz * 2,500 0
1,645
Household Products 0.3%
Energizer * 2,800 $ 88
Church & Dwight 1,700 56
Dial Corp. 2,800 55
Oil-Dri 1,200 14
Katy Industries * 1,700 8
221
Personal Products 0.3%
Estee Lauder, Class A 4,100 138
NBTY * 2,100 44
Elizabeth Arden *(misc.symbol) 1,800 24
Playtex Products * 2,100 14
Inter Parfums 1,800 13
Del Laboratories (misc.symbol) 525 12
Chattem * 600 11
Revlon, Class A *(misc.symbol) 1,300 4
260
Tobacco 0.1%
Universal Corporation 1,100 47
Vector Group (misc.symbol) 1,048 18
Schweitzer Mauduit 600 14
Standard Commercial 600 10
DiMon 1,400 10
99
Total Consumer Staples 2,968
ENERGY 4.8%
Energy Equipment & Services 2.2%
Weatherford International * 4,290 180
GlobalSantaFe 7,359 172
ENSCO International 5,100 137
Smith International * 3,200 118
Patterson-UTI Energy * 2,800 91
Cooper Cameron * 1,800 91
Diamond Offshore Drilling (misc.symbol) 4,200 88
Pride International * 3,900 73
Tidewater 2,400 70
National Oilwell * 3,000 $ 66
Varco International * 3,111 61
Grant Prideco * 4,790 56
FMC Technologies * 2,300 48
Key Energy Services * 4,500 48
Helmerich & Payne 1,600 47
Seacor Smit * 800 29
Maverick Tube * 1,500 29
Unit Corp. * 1,200 25
Cal Dive International * 1,100 24
W-H Energy Services * 1,200 23
Universal Compression Holdings * 1,000 21
Oil States International * 1,700 21
Veritas DGC *(misc.symbol) 1,700 20
Lone Star Technologies *(misc.symbol) 910 19
Hanover Compressor * 1,700 19
Hydril * 700 19
Matrix Service * 1,100 19
Grey Wolf * 4,600 19
Superior Energy * 1,900 18
Oceaneering International * 700 18
Torch Offshore * 2,500 17
Offshore Logistics * 700 15
Petroleum Helicopters * 500 15
Carbo Ceramics 400 15
Global Industries * 3,000 14
Gulfmark Offshore * 800 14
Dawson Geophysical * 1,600 13
Dril-Quip * 600 11
Gulf Island Fabrication * 600 10
Newpark Resources *(misc.symbol) 1,800 10
NS Group* 900 9
NATCO Group, Class A * 1,200 8
Input/Output * 1,500 8
Parker Drilling * 2,400 7
Horizon Offshore *(misc.symbol) 1,300 6
Trico Marine Services * 1,500 6
Atwood Oceanics *(misc.symbol) 200 5
TETRA Technologies * 100 3
1,855
Oil & Gas 2.6%
Murphy Oil 3,160 $ 166
Valero Energy 3,600 131
XTO Energy 5,966 120
Enterprise Products Partners 5,200 117
Pioneer Natural Resources * 3,700 97
Chesapeake Energy 8,000 81
Pogo Producing 1,800 77
Plains All Amer Pipeline (misc.symbol) 2,000 63
Teppco Partners (misc.symbol) 1,700 62
Noble Energy 1,600 60
Newfield Exploration * 1,500 56
Western Gas Resources (misc.symbol) 1,300 51
Westport Resources * 2,230 51
Buckeye Partners 1,100 43
Tom Brown * 1,500 42
Ultra Petroleum * 3,100 40
Patina Oil & Gas 1,187 38
Williams Energy Partners 800 38
Premcor * 1,700 37
Cimarex Energy * 1,540 37
Hugoton Royalty Trust 1,800 33
Forest Oil * 1,300 33
Evergreen Resources *(misc.symbol) 600 33
Houston Exploration * 900 31
Cabot Oil & Gas, Class A 1,100 30
St. Mary Land Exploration (misc.symbol) 1,100 30
Quicksilver Resources *(misc.symbol) 1,100 26
Vintage Petroleum 2,300 26
KCS Energy *(misc.symbol) 4,800 26
Magnum Hunter Resources * 3,200 26
Denbury Resources *(misc.symbol) 1,900 25
Stone Energy * 600 25
BP Prudhoe Bay
Royalty Trust (misc.symbol) 1,300 25
Cross Timbers
Royalty Trust (misc.symbol) 900 21
Spinnaker Exploration * 800 21
Swift Energy * 1,900 21
Adams Resources & Energy 2,300 $ 21
Kaneb Services (misc.symbol) 700 20
Nuevo Energy * 1,100 19
Encore Aquisition * 1,000 19
Markwest Hydrocarbon * 2,500 19
Petroleum Development * 2,000 18
Frontier Oil 1,200 18
Plains Exploration
& Production *(misc.symbol) 1,665 18
Berry Petroleum, Class A 1,000 18
Carrizo Oil & Gas *(misc.symbol) 2,900 18
Maritrans 1,100 16
OMI * 2,600 16
General Maritime *(misc.symbol) 1,500 15
TransMontaigne * 2,200 14
Energy Partners * 1,200 14
Edge Petroleum *(misc.symbol) 2,400 14
Range Resources * 2,100 13
Penn Virginia 300 13
Plains Resources * 900 13
Prima Energy * 600 13
EXCO Resources * 600 11
Greka Energy *(misc.symbol) 1,800 10
Callon Petroleum * 1,200 9
Tesoro Petroleum * 1,200 8
Meridian Resource *(misc.symbol) 1,700 8
Syntroleum * 2,900 8
Remington Oil & Gas * 400 7
Giant Industries * 1,200 7
Castle Energy 1,400 7
Beta Oil & Gas * 2,700 4
2,247
Total Energy 4,102
FINANCIALS 25.2%
Capital Markets 1.7%
Legg Mason 2,300 $ 149
AmeriTrade *(misc.symbol) 14,900 110
SEI 3,400 109
E*TRADE Group * 12,230 104
Neuberger Berman 2,550 102
A.G. Edwards 2,600 89
Allied Capital 3,800 88
John Nuveen, Class A 2,800 76
Eaton Vance 2,200 70
Waddell & Reed Financial, Class A 2,550 65
Investor's Financial
Services (misc.symbol) 2,200 64
Jeffries Group (misc.symbol) 1,000 50
Friedman, Billings,
Ramsey Group, Class A 3,625 49
Raymond James Financial (misc.symbol) 1,400 46
American Capital Strategies (misc.symbol) 1,800 45
LaBranche & Co. (misc.symbol) 2,100 43
Affiliated Managers Group * 700 43
Investment Technology Group * 1,550 29
Knight/Trimark Group *(misc.symbol) 4,600 29
Blackrock, Class A * 600 27
Southwest Securities (misc.symbol) 1,283 26
Sanders Morris Harris Group 2,600 23
Harris & Harris Group * 2,500 17
Westwood Holdings Group (misc.symbol) 620 12
Soundview Technology Group * 880 9
PMC Capital 1,500 7
Gabelli Asset Management,
Class A *(misc.symbol) 200 7
1,488
Commercial Banks 6.3%
M&T Bank 3,744 315
UnionBancal 5,100 211
Popular 4,500 174
National Commerce Financial 6,750 150
Compass Bancshares 4,250 149
Banknorth Group 4,995 128
First Virginia Banks 2,550 $ 110
Hibernia Corp., Class A 5,600 102
Mercantile Bankshares 2,500 98
TCF Financial 2,400 96
Commerce Bancshares 2,437 95
Valley National Bancorp 3,539 93
Associated Banc-Corp 2,503 92
Commerce Bancorp (misc.symbol) 2,450 91
BOK Financial 2,063 80
Wilmington Trust, Series A 2,600 76
Bank of Hawaii 2,200 73
City National 1,600 71
Fulton Financial 3,541 70
Sky Financial 3,232 70
FirstMerit 3,000 69
Park National 495 57
F.N.B. 1,836 56
Old National Bancorp 2,361 54
Pacific Capital Bancorp 1,466 51
Provident Financial Group (misc.symbol) 2,000 51
Community First Bankshares 1,800 49
BanCorpSouth 2,325 49
Trustmark 1,900 48
Citizens Banking 1,800 48
Cullen/Frost Bankers 1,500 48
Whitney Holding 1,500 48
WestAmerica 1,100 47
Hudson United Bancorp 1,356 46
Colonial BancGroup 3,300 46
First Citizens Bancshares 450 45
UCBH Holdings 1,500 43
United Bankshares 1,500 43
Southwest Bancorp * 1,300 42
International Bancshares 1,163 41
South Financial Group 1,754 41
East West Bancorp 1,100 40
Greater Bay Bancorp (misc.symbol) 1,806 37
First Midwest Bancorp 1,256 $ 36
Silicon Valley Bancshares *(misc.symbol) 1,500 36
FirstBank Puerto Rico 1,300 36
Cathay Bancorp (misc.symbol) 800 36
Republic Bancorp 2,633 35
Hancock Holding 750 35
Susquehanna Bancshares 1,350 32
Chittenden 1,150 32
Trustco Bank 2,800 31
Gold Banc 2,800 29
MB Financial 700 28
Westcorp 1,000 28
Santander Bancorp (misc.symbol) 1,705 28
UMB Financial 656 28
S&T Bancorp 1,000 27
First Commonwealth Financial 2,100 27
Franklin Financial 900 27
Texas Regional Bancshares, Class A 761 26
Chemical Financial 873 26
Suffolk Bancorp (misc.symbol) 800 26
Prosperity Bancshares 1,300 25
U.S.B. Holding Company 1,393 25
Glacier Bancorp 990 24
Trust Company of New Jersey 800 24
Provident Bankshares 951 24
CVB Financial 1,233 24
Interchange Financial Services 1,200 24
CB Bancshares 376 23
Midwest Banc Holdings (misc.symbol) 1,200 23
Sterling Financial 975 23
First Financial Bancorp 1,402 22
Arrow Financial 672 22
Boston Private Financial (misc.symbol) 1,059 22
Sandy Spring Bancorp 700 22
Oriental Financial Group 825 21
Center Bancorp (misc.symbol) 1,400 21
NBT Bancorp (misc.symbol) 1,080 21
Midsouth Bancorp 900 $ 21
Northern States Financial 700 20
Community Banks 663 20
Banner 960 20
Capital Corp of the West 771 20
Alabama National Bancorp 400 19
1st Source (misc.symbol) 1,041 19
United National Bancorp (misc.symbol) 682 19
First of Long Island 450 18
Century Bancorp, Class A 600 18
Peoples Holding (misc.symbol) 400 18
Republic Bancshares 700 18
FNB 700 17
First Republic Bank *(misc.symbol) 650 17
Umpqua Holdings Corporation 900 17
State Bancorp 873 17
Harleysville National 630 17
Frontier Financial 600 17
First United 800 17
WesBanco 700 17
Union Bankshares 600 17
Camden National 600 17
PrivateBancorp (misc.symbol) 600 16
First M&F Corporation 500 16
Amcore Financial 700 16
Farmers Capital Bank 500 16
First Community Bancorp 500 16
Irwin Financial (misc.symbol) 600 16
Greater Community Bancorp 1,000 15
Community Bankshares of Indiana 900 15
United Community Banks (misc.symbol) 600 15
First Indiana 875 15
West Coast Bancorp 820 15
Wintrust Financial (misc.symbol) 500 15
IBERIABANK 300 15
City Holding Company 500 15
SY Bancorp (misc.symbol) 400 14
First Charter 800 $ 14
Pacific Northwest Bancorp 400 14
Omega Financial 400 14
Westbank 840 13
National Penn Bancshares (misc.symbol) 464 13
Guaranty Financial 900 13
Bay View Capital * 2,200 13
Main Street Banks (misc.symbol) 500 13
Southwest Bancorp 450 12
GBC Bancorp 300 12
Independent Bank 500 11
BancTrust Financial Group (misc.symbol) 700 11
First Merchants 441 11
Franklin Bank 600 10
First Financial Bankshares (misc.symbol) 312 10
BWC Financial 532 10
Marshall & Ilsley 339 10
The Savannah Bancorp 440 10
Integra Bank (misc.symbol) 600 10
Mid-State Bancshares 500 10
Sterling Bancshares 750 10
MidWestOne Financial 600 10
FloridaFirst Bancorp 400 10
Summit Bancshares 400 9
Riggs 600 9
Northrim Bank 500 9
Redwood Empire Bancorp (misc.symbol) 300 9
Second Bancorp 300 8
CoBiz (misc.symbol) 500 7
German American Bancorp 347 6
Unizan Financial 276 5
5,398
Consumer Finance 0.4%
Student Loan Corporation 650 82
AmeriCredit *(misc.symbol) 6,600 57
WFS Financial * 1,100 37
CompuCredit * 2,400 29
World Acceptance * 1,700 28
Cash America Investments 1,400 $ 19
First Cash * 1,200 17
Metris Companies (misc.symbol) 2,950 16
Credit Acceptance Corporation * 1,600 16
Advanta 1,466 14
Asta Funding * 600 14
329
Diversified Financial Services 0.6%
CIT Group 6,900 170
Alliance Capital 2,500 91
Chicago Merchantile
Exchange Holdings (misc.symbol) 1,100 77
Leucadia National 1,900 70
Factual Data *(misc.symbol) 2,000 35
GATX (misc.symbol) 1,100 18
Encore Capital * 1,500 13
Financial Federal *(misc.symbol) 400 10
California First National
Bancorp (misc.symbol) 600 6
Instinet Group 1,000 5
DVI Financial * 500 2
497
Insurance 6.8%
Berkshire Hathaway, Class A * 42 3,045
CNA Financial *(misc.symbol) 6,900 170
Old Republic International 3,850 132
Fidelity National Financial 4,075 125
Transatlantic Holdings 1,805 125
White Mountains
Insurance Group (misc.symbol) 280 111
Erie Indemnity 2,300 95
Arthur J. Gallagher 3,200 87
W. R. Berkley 1,650 87
American National Insurance 950 82
Markel * 310 79
Brown and Brown 2,400 78
Mercury General (misc.symbol) 1,700 78
Protective Life 2,500 67
HCC Insurance Holdings 2,200 65
First American Financial 2,400 63
Reinsurance Group of America 1,950 63
Nationwide Financial Services, Class A 1,700 $ 55
American Financial Group 2,400 55
Unitrin 2,000 54
StanCorp Financial Group 1,000 52
Odyssey Re Holdings (misc.symbol) 2,100 44
Commerce Group 1,200 44
Alfa 3,400 43
MONY Group (misc.symbol) 1,600 43
Hilb Rogal and Hamilton 1,200 41
Arch Capital Group * 1,100 38
AmerUs Life (misc.symbol) 1,300 37
21st Century Insurance Group 2,400 34
Delphi Financial (misc.symbol) 704 33
UICI * 2,100 32
FBL Financial Group, Class A 1,532 31
Stewart Information Services * 1,100 31
Allmerica Financial * 1,600 29
Ohio Casualty *(misc.symbol) 2,000 26
RLI 800 26
Horace Mann Educators 1,600 26
Selective Insurance 1,000 25
U.S.I. Holdings * 1,900 22
American Medical Security * 1,100 21
Navigators Group * 700 21
Baldwin & Lyons, Class B 875 21
State Auto Financial 900 20
Philadelphia Consolidated * 500 20
Zenith National (misc.symbol) 700 20
Great American Financial Resources 1,500 20
ProAssurance * 720 19
LandAmerica Financial Group 400 19
Phoenix Companies (misc.symbol) 2,100 19
Midland 800 18
Kansas City Life Insurance 400 17
Harleysville Group 700 16
Argonaut Group 1,300 16
Clark/Bardes Holdings * 1,300 16
Penn-America Group 1,350 $ 15
Triad Guaranty * 400 15
BancInsurance * 2,310 14
Cotton States Life Insurance 1,300 13
United Fire & Casualty 400 13
CNA Surety 1,300 13
Citizens, Class A * 1,755 13
Presidential Life (misc.symbol) 900 13
Merchants Group 600 12
Universal American Financial * 1,900 12
Financial Industries Corporation 800 12
PMA Capital, Class A (misc.symbol) 900 11
PICO Holdings * 800 10
Standard Management * 1,400 5
FPIC Insurance Group *(misc.symbol) 200 3
Vesta Insurance 900 2
Danielson * 700 1
5,833
Real Estate 6.3%
ProLogis Trust, REIT 6,027 165
Vornado Realty Trust, REIT 3,500 153
Boston Properties, REIT 3,300 145
General Growth Properties, REIT 2,200 137
Public Storage, REIT 4,000 135
Archstone-Smith Trust, REIT 5,487 132
Kimco Realty, REIT 3,350 127
Duke Realty, REIT 4,490 124
IStar Financial, REIT 3,273 119
Rouse, REIT 3,000 114
Avalonbay Communities, REIT 2,384 102
Host Marriott, REIT * 9,574 88
AMB Property, REIT 3,100 87
Liberty Property Trust, REIT 2,400 83
St. Joe 2,500 78
Developers Diversified Realty, REIT 2,738 78
Health Care Property Investors, REIT 1,700 72
New Plan Excel Realty, REIT 3,300 70
Regency Centers, REIT 2,000 70
Trizec Properties 5,900 $ 67
Chelsea GCA, REIT 1,600 64
Catellus Development * 2,900 64
Weingarten Realty Investors, REIT 1,500 63
Forest City Enterprises 1,500 62
United Dominion Realty Trust, REIT 3,600 62
Mack-Cali Realty, REIT 1,700 62
Crescent Real Estate Equities, REIT 3,400 56
Hospitality Properties Trust, REIT 1,800 56
Macerich Company, REIT 1,600 56
Thornburg Mortgage, REIT (misc.symbol) 2,200 54
NovaStar Financial, REIT (misc.symbol) 900 54
CarrAmerica Realty, REIT 1,900 53
CBL & Associates Properties, REIT 1,200 52
Federal Realty Investment Trust, REIT 1,600 51
Mills, REIT (misc.symbol) 1,500 50
BRE Properties, Class A, REIT 1,500 50
Annaly Mortgage Management,
REIT (misc.symbol) 2,500 50
Health & Retirement Properties, REIT 5,400 50
Camden Property Trust, REIT 1,400 49
Arden Realty, REIT 1,800 47
Shurgard Storage Centers, Class A, REIT 1,400 46
Reckson Associates Realty, REIT 2,100 44
Pan Pacific Retail Properties, REIT 1,100 43
Cousins Properties, REIT 1,550 43
Centerpoint Properties, REIT 700 43
Prentiss Properties Trust, REIT 1,400 42
Realty Income, REIT (misc.symbol) 1,100 42
Vencor 2,700 41
Essex Property Trust, REIT 700 40
Impac Mortgage Holdings, REIT 2,400 40
Kilroy Realty, REIT 1,400 38
First Industrial Realty, REIT 1,200 38
Healthcare Realty Trust, REIT 1,300 38
Heritage Property Investment Trust 1,300 35
SL Green Realty, REIT 1,000 35
Post Properties, REIT 1,300 34
Highwoods Properties, REIT 1,500 $ 33
Chateau Communities, REIT 1,100 33
Brandywine Realty Trust, REIT 1,300 32
Lexington Corporate Properties, REIT 1,800 32
Alexandria Real Estate, REIT 700 31
Sun Communities, REIT 800 31
Equity One 1,900 31
Commercial Net Lease Realty, REIT 1,700 29
Corporate Office Properties Trust,
REIT (misc.symbol) 1,700 29
Entertainment Properties, REIT 1,000 29
PS Business Parks, REIT 800 28
Health Care, REIT 900 27
Newhall Land & Farming 900 27
Corrections Corp of America * 1,067 27
WP Carey & Co 900 27
Tanger Factory Outlet Centers, REIT 800 26
LNR Property (misc.symbol) 700 26
Amli Residential Properties, REIT 1,100 26
Bedford Property Investors, REIT 900 26
Washington, REIT 900 24
Koger Equity, REIT 1,400 24
Resource Asset Investment Trust,
REIT (misc.symbol) 900 24
Ramco-Gershenson Properties, REIT 1,000 23
Taubman Centers, REIT 1,200 23
LTC Properties, REIT 2,400 23
Senior Housing Properties, REIT 1,660 23
Nationwide Health Properties,
REIT (misc.symbol) 1,400 22
American Real Estate, REIT * 1,800 22
National Health Investors, REIT 1,200 22
Anthracite Capital 1,800 22
EastGroup Properties, REIT 800 22
Universal Health Realty Income, REIT 800 22
Home Properties of New York, REIT 600 21
Glenborough Realty Trust, REIT 1,100 21
Mid-Atlantic Realty Trust, REIT 1,000 21
LaSalle Hotel Properties, REIT 1,400 21
Crown American Realty, REIT 1,900 20
Glimcher Realty Trust, REIT 900 $ 20
Redwood Trust, REIT (misc.symbol) 500 20
Urstadt Biddle Properties, REIT 1,500 20
Capital Automotive, REIT 700 20
AmeriVest Properties, REIT (misc.symbol) 3,000 19
Gables Residential Trust, REIT 600 18
Pennsylvania Real Estate Investment,
REIT (misc.symbol) 600 18
Innkeepers USA, REIT 2,600 18
Great Lakes, REIT (misc.symbol) 1,100 18
Colonial Properties Trust, REIT 500 18
Manufactured Home Communities, REIT 500 18
Jones Lang Lasalle * 1,100 17
American Mortgage Acceptance, REIT 1,000 17
Hersha Hospitality Trust, Class A, REIT 2,000 16
Urstadt Biddle Properties, Class A, REIT 1,200 15
Investors Real Estate Trust, REIT 1,400 15
Trammell Crow * 1,400 15
Apex Mortgage Capital, REIT 2,700 15
Agree Realty, REIT 600 15
National Health Realty, REIT 900 14
Wellsford Real Properties * 900 14
Mid-America Apartment Communities, REIT 500 14
Monmouth Real Estate Investment,
Class A, REIT 1,800 13
Summit Properties, REIT 600 12
Felcor Lodging Trust, REIT (misc.symbol) 1,500 12
RFS Hotel Investors, REIT 900 11
PMC Commercial Trust, REIT (misc.symbol) 800 11
Capital Properties *(misc.symbol) 1,200 10
Kramont Realty Trust, REIT 600 10
MeriStar Hospitality, REIT 1,900 10
Getty Realty, REIT 400 9
Pittsburgh & West Virginia Railroad, REIT 1,000 9
Parkway Properties, REIT 200 8
Equity Inns, REIT 1,200 8
Insignia/ESG Holdings * 700 8
Saul Centers, REIT 300 8
Shelbourne Properties, REIT (misc.symbol) 200 6
Cornerstone Realty Income Trust, REIT 500 $ 4
Sizeler Property Investors, REIT 100 1
Capital Properties, Class B, REIT * @ 120 0
5,367
Thrifts & Mortgage Finance 3.1%
Hudson City Bancorp 6,900 176
Greenpoint Financial 3,100 158
New York Community Bancorp 5,024 146
Sovereign Bancorp 8,400 131
Doral Financial 2,500 112
Radian Group 2,908 107
Astoria Financial 3,100 87
Capitol Federal Financial (misc.symbol) 2,700 76
PMI Group 2,800 75
Webster Financial 1,856 70
Roslyn Bancorp (misc.symbol) 3,150 68
People's Bank 2,000 58
Flagstar Bancorp (misc.symbol) 2,350 57
Washington Federal 2,225 51
Independence Community Bank 1,800 51
Staten Island Bancorp 2,400 47
IndyMac Mortgage Holdings 1,800 46
Downey Financial 1,100 45
MAF Bancorp 1,100 41
First Niagara Financial 2,786 39
Commercial Federal 1,800 38
Waypoint Financial 1,900 34
W Holdings Company 1,950 33
BankAtlantic, Class A 2,700 32
R&G Financial, Class B 1,000 30
Harbor Florida Bancshares 1,200 29
Fremont General (misc.symbol) 2,000 27
WSFS Financial 700 27
Charter Municipal Mortgage Acceptance 1,400 27
BankUnited Financial * 1,300 26
New Century Financial (misc.symbol) 600 26
Brookline Bancorp 1,749 24
CORUS Bankshares 500 24
Connecticut Bancshares 600 $ 24
Dime Community Bancorp 900 23
Bank Mutual (misc.symbol) 700 23
Provident Bancorp (misc.symbol) 700 22
West Essex Bancorp 600 21
Net Bank 1,569 21
Sterling Financial 822 20
Seacoast Financial Services 1,000 20
PFF Bancorp 500 19
First Federal Bancshares of Arkansas 600 19
Sound Federal Bancorp (misc.symbol) 1,390 19
Flushing Financial 850 19
BostonFed Bancorp (misc.symbol) 700 19
FirstFed Financial * 500 18
Northwest Bancorp 1,100 18
Cooperative Bankshares (misc.symbol) 900 18
St. Francis Capital 600 17
Matrix Bancorp * 1,700 17
Woronoco Bancorp 600 17
Coastal Bancorp 600 17
Troy Financial (misc.symbol) 620 17
Anchor Bancorp Wisconsin 700 17
Horizon Financial 1,025 16
Union Community Bancorp 900 16
First Place Financial 900 16
NewMil Bancorp 700 15
Riverview Bancorp 800 15
Logansport Financial 800 14
Hingham Institution for Savings 400 14
Ameriana Bancorp 960 13
Thistle Group Holdings 800 13
Western Ohio Financial 500 12
Capital Crossing Bank * 500 12
Federal Agricultural Mortgage
Corporation, Class A * 700 12
Charter Financial (misc.symbol) 400 11
Ocwen Financial * 2,400 11
Abington Bancorp 400 10
First Federal Bancorp 1,300 $ 10
Home Federal Savings Bank 400 10
Peoples Community Bancorp * 400 10
Camco 600 9
Klamath First Bancorp 500 8
First Busey Corporation,
Class A (misc.symbol) 100 2
2,692
Total Financials 21,604
HEALTH CARE 12.1%
Biotechnology 3.9%
Genentech * 7,340 529
Gilead Sciences * 6,660 370
IDEC Pharmaceuticals * 5,280 179
Millennium Pharmaceuticals * 9,559 150
Imclone Systems *(misc.symbol) 2,743 87
Celgene *(misc.symbol) 2,700 82
ICOS * 2,200 81
Cephalon *(misc.symbol) 1,900 78
Amylin Pharmaceuticals *(misc.symbol) 3,300 72
Human Genome Sciences *(misc.symbol) 4,480 57
Neurocrine Biosciences * 1,100 55
Charles River Laboratories
International *(misc.symbol) 1,700 55
Techne *(misc.symbol) 1,800 55
Protein Design Labs * 3,500 49
OSI Pharmaceuticals * 1,500 48
IDEXX Laboratories * 1,400 47
Genta *(misc.symbol) 3,400 45
Affymetrix *(misc.symbol) 2,260 45
CV Therapeutics *(misc.symbol) 1,500 44
Martek Biosciences *(misc.symbol) 1,000 43
Trimeris *(misc.symbol) 800 37
Genencor International *(misc.symbol) 2,200 36
Abgenix * 3,400 36
Vertex Pharmaceuticals * 2,310 34
Gen Probe Inc * 800 33
NPS Pharmaceuticals *(misc.symbol) 1,200 29
ILEX Oncology * 1,500 $ 29
Regeneron Pharmaceuticals *(misc.symbol) 1,800 28
Digene *(misc.symbol) 1,000 27
Tanox *(misc.symbol) 1,600 26
Transkaryotic Therapies *(misc.symbol) 2,100 24
Celera Genomics * 2,193 23
Cell Therapeutics *(misc.symbol) 2,300 22
Alkermes *(misc.symbol) 2,000 21
Progenics Pharmaceuticals *(misc.symbol) 1,400 21
OraSure Technologies *(misc.symbol) 2,800 21
Incyte * 4,400 20
Immunomedics *(misc.symbol) 3,200 20
Enzo Biochem 919 20
Tularik *(misc.symbol) 1,900 19
BioMarin Pharmaceutical * 1,900 19
Enzon Pharmaceuticals *(misc.symbol) 1,470 18
Diversa * 1,850 18
Concentric Network * 1,200 18
Corixa *(misc.symbol) 2,301 18
NeoPharm (misc.symbol) 1,282 18
Aphton *(misc.symbol) 2,100 17
CuraGen *(misc.symbol) 3,100 17
Medarex *(misc.symbol) 2,600 17
Versicor *(misc.symbol) 1,200 17
Albany Molecular Research * 1,100 17
Pharmacopeia * 2,000 16
InterMune *(misc.symbol) 1,000 16
Telik *(misc.symbol) 1,000 16
Cubist Pharmaceuticals *(misc.symbol) 1,500 16
Lexicon Genetics * 2,300 15
Gene Logic *(misc.symbol) 2,560 15
Biopure, Class A *(misc.symbol) 2,500 15
Arena Pharmaceuticals *(misc.symbol) 2,200 15
Indevus Pharmaceuticals * 2,300 14
Introgen Therapeutics *(misc.symbol) 2,600 14
AVI BioPharma *(misc.symbol) 2,300 14
Cell Genesys *(misc.symbol) 1,500 13
BioSphere Medical * 2,100 $ 13
Pharmacyclics * 2,600 12
XOMA * 2,300 12
Alexion Pharmaceutical *(misc.symbol) 700 12
Exelixis * 1,700 12
Neose Technologies *(misc.symbol) 1,100 11
Maxygen * 1,000 11
Myriad Genetics *(misc.symbol) 800 11
Sirna Therapeutics *(misc.symbol) 1,200 11
Serologicals * 700 10
SangStat Medical *(misc.symbol) 700 9
Cepheid * 1,800 9
Savient Pharmaceuticals * 1,700 8
EXACT Sciences *(misc.symbol) 700 8
BioSource International * 1,100 8
Third Wave Technologies * 1,600 7
La Jolla Pharmaceutical *(misc.symbol) 2,200 7
Luminex *(misc.symbol) 1,300 7
EntreMed *(misc.symbol) 1,600 7
Allos Therapeutics *(misc.symbol) 2,200 7
Kosan Biosciences * 1,000 6
Sequenom *(misc.symbol) 2,000 5
Encysive Pharmaceuticals * 1,100 5
Array BioPharma *(misc.symbol) 1,600 5
Applied Molecular
Evolution *(misc.symbol) 1,100 5
ImmunoGen *(misc.symbol) 1,100 5
VaxGen *(misc.symbol) 900 5
Titan Pharmaceuticals *(misc.symbol) 1,900 4
Ariad Pharmaceuticals *(misc.symbol) 900 4
Neurogen *(misc.symbol) 800 4
Novavax *(misc.symbol) 600 3
Avigen *(misc.symbol) 900 3
Genzyme Molecular Oncology * 1,275 3
Arqule * 700 3
Harvard Bioscience * 700 3
Sangamo BioSciences * 900 3
Genome Therapeutics * 800 2
3,330
Health Care Equipment & Supplies 2.7%
Varian Medical Systems * 2,400 $ 138
Dentsply International 2,700 110
Hillenbrand Industries 2,000 101
Beckman Coulter 2,200 89
Apogent Technologies * 3,700 74
Fisher Scientific * 1,800 63
Invitrogen * 1,575 60
Edwards Lifesciences * 1,800 58
Mentor 2,900 56
Bio-Rad Laboratories, Class A * 1,000 55
INAMED * 1,000 54
Steris * 2,100 49
Diagnostic Products 1,100 45
Respironics * 1,200 45
ResMed *(misc.symbol) 1,000 39
Cytyc * 3,700 39
VISX * 2,000 35
Thoratec *(misc.symbol) 2,202 33
Integra LifeServices Holdings * 1,200 32
Align Technology * 2,500 31
Arrow International 700 31
CTI Molecular Imaging *(misc.symbol) 1,600 30
ArthroCare *(misc.symbol) 1,800 30
Dade Behring Holdings * 1,300 30
Invacare 900 30
Sybron Dental Specialties * 1,200 28
Cooper Companies 800 28
Ventana Medical Systems *(misc.symbol) 1,000 27
Datascope 900 27
CONMED * 1,450 27
Immucor * 1,200 26
Advanced Neuromodulation Systems * 500 26
Wilson Greatbatch
Technologies *(misc.symbol) 700 25
ALARIS Medical * 1,900 25
Analogic 500 24
Biosite Diagnostics *(misc.symbol) 500 24
Kensey Nash *(misc.symbol) 900 $ 23
PolyMedica (misc.symbol) 500 23
IGEN * 700 22
Candela Laser * 1,900 22
Ocular Sciences *(misc.symbol) 1,100 22
Cyberonics *(misc.symbol) 1,000 22
EPIX Medical * 1,500 21
Viasys Healthcare * 1,000 21
American Medical Systems * 1,200 20
Zoll Medical *(misc.symbol) 600 20
SonoSite *(misc.symbol) 1,000 20
Mathews International, Class A 800 20
Wright Medical Group *(misc.symbol) 1,000 19
Merit Medical Systems * 937 19
SurModics *(misc.symbol) 600 18
Conceptus *(misc.symbol) 1,300 18
Synovis Life Technologies * 900 18
Mine Safety Appliances 400 17
West Pharmaceutical Services 700 17
Bruker Daltonics *(misc.symbol) 2,900 15
Intuitive Surgical *(misc.symbol) 2,000 15
Kyphon * 1,000 15
Haemonetics * 800 15
Nektar Therapeutics *(misc.symbol) 1,600 15
Sola * 800 14
Meridian Bioscience 1,500 14
Molecular Devices * 750 12
Inverness Medical
Innovations *(misc.symbol) 600 12
Possis *(misc.symbol) 800 11
Interpore International * 800 10
TheraSense *(misc.symbol) 1,000 10
ICU Medical *(misc.symbol) 300 9
ABIOMED *(misc.symbol) 1,700 9
Exactech * 600 9
Medical Action Industries * 500 8
North American Scientific * 1,000 8
Closure Medical * 400 8
Novoste * 900 $ 5
Vital Signs 200 5
Lifecore Biomedical *(misc.symbol) 900 5
Endocare *(misc.symbol) 1,200 5
Theragenics * 1,000 4
Sonic Innovations * 1,100 4
Cerus * 470 4
AeroGen * 6,000 3
Urologix *(misc.symbol) 400 1
2,271
Health Care Providers & Services 3.8%
Caremark RX * 9,000 231
Express Scripts, Class A *(misc.symbol) 2,600 178
Laboratory Corporation of America * 4,720 142
Health Net * 4,100 135
Oxford Health Plans * 2,900 122
Advance PCS * 3,100 119
WebMD *(misc.symbol) 10,637 115
Omnicare 3,300 112
Lincare Holdings * 3,400 107
Patterson Dental *(misc.symbol) 2,200 100
First Health Group * 3,300 91
Coventry Health Care * 1,900 88
Henry Schein * 1,600 84
Mid-Atlantic Medical Services * 1,600 84
Universal Health Services, Class B * 2,100 83
Davita * 2,300 62
PacifiCare Health Systems,
Class A *(misc.symbol) 1,200 59
Renal Care Group * 1,600 56
Community Health System * 2,900 56
Apria Healthcare * 2,200 55
Triad Hospitals * 2,116 53
Pharmaceutical Product Development * 1,800 52
Cobalt Corporation * 1,700 35
LifePoint Hospitals * 1,600 34
Accredo Health * 1,491 32
Select Medical * 1,300 32
Covance * 1,700 31
Service Corp. International * 7,600 $ 29
VCA Antech * 1,500 29
Pediatrix Medical Group * 800 29
AMERIGROUP *(misc.symbol) 700 26
Priority Healthcare,
Class B *(misc.symbol) 1,394 26
Cerner *(misc.symbol) 1,100 25
U.S. Oncology *(misc.symbol) 3,158 23
Odyssey Healthcare * 600 22
NDC Health (misc.symbol) 1,200 22
Advisory Board * 500 20
Owens & Minor (misc.symbol) 900 20
Lifeline Systems * 700 20
Inveresk Research Group * 1,100 20
Matria Healthcare *(misc.symbol) 1,100 19
Omnicell * 1,800 18
CorVel * 500 18
Sierra Health Services *(misc.symbol) 900 18
LabOne * 800 17
Stewart Enterprises, Class A * 4,000 17
Dynacq International *(misc.symbol) 1,000 17
Dendrite International * 1,300 17
Eclipsys * 1,600 17
Province Healthcare *(misc.symbol) 1,500 17
National Wireless Holdings * 900 16
SFBC International *(misc.symbol) 900 16
Hooper Holmes 2,500 16
Genesis Health Ventures * 900 16
United Surgical Partners
International *(misc.symbol) 700 16
Per-Se Technologies * 1,400 16
Quest Diagnostics *(misc.symbol) 245 16
OPTION CARE *(misc.symbol) 1,350 16
WellChoice * 500 15
PSS World Medical * 2,500 14
LCA-Vision * 1,600 14
AMN Healthcare Services *(misc.symbol) 1,100 14
Parexel International * 1,000 14
Sunrise Senior Living *(misc.symbol) 600 13
Cross Country Healthcare *(misc.symbol) 1,000 $ 13
D&K Healthcare 800 13
Gentiva Health Services * 1,350 12
PDI * 1,150 12
Orthodontic Centers
of America *(misc.symbol) 1,400 11
Tripos *(misc.symbol) 1,400 11
IDX Systems * 700 11
Q Med *(misc.symbol) 1,400 11
Beverly Enterprises * 3,000 10
U.S. Physical Therapy *(misc.symbol) 800 10
Computer Programs
and Systems (misc.symbol) 500 10
National Healthcare * 500 10
Capital Senior Living * 3,000 9
CryoLife *(misc.symbol) 900 9
AmSurg *(misc.symbol) 300 9
Medical Staffing Network
Holdings *(misc.symbol) 1,300 9
Res-Care * 1,900 9
MIM Corporation *(misc.symbol) 1,300 8
IMPATH *(misc.symbol) 600 8
Hanger Orthopedic Group * 700 8
Kindred Healthcare * 407 7
RehabCare Group * 400 6
Carriage Services, Class A *(misc.symbol) 1,600 6
Health Management Systems * 2,000 6
VitalWorks * 1,400 6
Specialty Laboratories *(misc.symbol) 500 5
Alliance Imaging *(misc.symbol) 1,100 5
Radiologix * 900 4
PlanVista * 1,300 3
QuadraMed *(misc.symbol) 800 1
Women First Healthcare *(misc.symbol) 900 1
3,299
Pharmaceuticals 1.7%
Mylan Laboratories 6,000 209
Barr Laboratories * 2,417 158
IVAX * 6,437 115
Sicor * 4,000 81
Endo Pharmaceutical * 4,300 73
Medicis Pharmaceutical,
Class A (misc.symbol) 1,000 $ 57
Sepracor * 3,000 54
Pharmaceutical Resources * 1,100 54
Eon Labs *(misc.symbol) 1,500 53
Andrx *(misc.symbol) 2,600 52
ICN Pharmaceuticals 2,900 49
Alpharma, Class A 2,200 47
Ligand Pharmaceuticals,
Class B *(misc.symbol) 3,000 41
Perrigo 2,400 38
MGI Pharma *(misc.symbol) 1,400 36
K-V Pharmaceutical, Class A * 1,200 33
Impax Laboratories *(misc.symbol) 2,600 31
Medicines Company *(misc.symbol) 1,500 30
Atherogenics * 1,600 24
Kos Pharmaceuticals *(misc.symbol) 900 21
Columbia Laboratories * 1,800 20
Penwest Pharmaceuticals *(misc.symbol) 800 19
Adolor *(misc.symbol) 1,500 18
aaiPharma *(misc.symbol) 900 18
Noven Pharmaceuticals * 1,300 13
Atrix Laboratory *(misc.symbol) 600 13
Antigenics *(misc.symbol) 1,100 13
CIMA Labs *(misc.symbol) 450 12
Cellegy Pharmaceuticals * 2,400 12
Bradley Pharmaceuticals,
Class A *(misc.symbol) 700 12
Pain Therapeutics *(misc.symbol) 1,700 11
Bone Care International * 600 8
Discovery Partners *(misc.symbol) 1,800 8
Orphan Medical *(misc.symbol) 800 7
InKine Pharmaceutical *(misc.symbol) 1,800 6
VIVUS *(misc.symbol) 900 5
AVANIR Pharmaceuticals,
Class A *(misc.symbol) 2,300 4
First Horizon Pharmaceutical * 800 3
Emisphere Technologies *(misc.symbol) 600 2
1,460
Total Health Care 10,360
INDUSTRIALS & BUSINESS SERVICES 9.0%
Aerospace & Defense 0.9%
L-3 Communications
Holdings *(misc.symbol) 3,080 $ 134
Precision Castparts 1,900 59
Alliant Techsystems * 1,075 56
Veridian * 1,100 38
KVH Industries * 1,100 27
Curtiss-Wright Corporation 400 25
Orbital Sciences *(misc.symbol) 3,100 23
GenCorp (misc.symbol) 2,400 21
World Fuel Services 800 20
Engineered Support System 450 19
Invision Technologies *(misc.symbol) 700 17
Aeroflex * 2,200 17
Esterline Technologies * 900 16
United Defense Industries * 600 16
HEICO (misc.symbol) 1,200 15
Triumph Group *(misc.symbol) 500 14
MTC Technologies * 600 14
Cubic Corp (misc.symbol) 600 13
Aviall *(misc.symbol) 1,100 12
Teledyne Technologies * 900 12
Pemco Aviation Group * 500 12
United Industrial 700 11
DRS Technologies * 400 11
Allied Research * 600 11
Mercury Computer Systems * 600 11
Armor Holdings * 800 11
EDO 600 11
AAR 1,500 11
Innovative Solutions and Support * 1,400 10
Sequa, Class A * 300 10
Ducommun * 700 10
Kaman, Class A 800 9
Ladish Company * 1,400 9
Simula * 3,300 9
Integrated Defense Technologies * 500 8
Hexcel * 2,400 $ 8
BE Aerospace *(misc.symbol) 1,700 6
SPACEHAB *(misc.symbol) 5,700 5
741
Air Freight & Logistics 0.5%
Expeditors International of Washington 3,400 118
C.H. Robinson Worldwide 2,700 96
JB Hunt Transport Services * 1,500 57
CNF 1,600 40
Airborne Freight 1,200 25
Forward Air * 900 23
Pacer International * 1,100 21
EGL * 1,200 18
Atlas Air Worldwide
Holdings *(misc.symbol) 1,200 2
400
Airlines 0.4%
JetBlue Airways *(misc.symbol) 2,050 87
AMR * 5,000 55
Continental Airlines,
Class B *(misc.symbol) 2,500 37
Northwest Airlines,
Class A *(misc.symbol) 3,300 37
Airtran Holdings *(misc.symbol) 2,900 30
ExpressJet Holdings * 1,800 27
SkyWest 1,300 25
America West Holdings, Class B * 2,600 18
Atlantic Coast Airlines * 1,300 18
Alaska Air Group *(misc.symbol) 700 15
Mesa Air Group *(misc.symbol) 1,500 12
Amtran *(misc.symbol) 1,300 10
Frontier Airlines *(misc.symbol) 1,050 10
Midwest Express Holdings * 1,700 4
385
Building Products 0.3%
York International 1,300 30
Trex *(misc.symbol) 700 27
USG *(misc.symbol) 1,300 25
American Woodmark 500 23
Simpson Manufacturing * 600 22
Lennox International 1,600 21
Universal Forest Products 900 $ 19
Griffon Corporation * 1,100 18
Drew Industries *(misc.symbol) 800 15
Elcor 600 13
NCI Building Systems * 700 12
Jacuzzi Brands * 2,000 11
AAON Inc * 450 8
Apogee Enterprises 900 8
252
Commercial Services & Supplies 3.2%
Republic Services, Class A * 5,500 125
Dun & Bradstreet * 2,700 111
ServiceMaster 10,350 111
Career Education * 1,600 109
Manpower 2,700 100
ChoicePoint * 2,824 97
Corinthian Colleges * 1,600 78
Viad 3,400 76
Wesco Financial 230 72
Education Management * 1,300 69
HON Industries 2,100 64
Devry * 2,500 58
Aramark, Class B * 2,500 56
West Corporation * 2,100 56
Stericycle * 1,400 54
Corporate Executive Board * 1,300 53
Herman Miller 2,500 51
Valassis Communications * 1,900 49
ITT Educational Services * 1,600 47
Arbitron * 1,100 39
United Stationers * 1,000 36
Tetra Tech * 2,100 36
FTI Consulting *(misc.symbol) 1,350 34
Brinks 2,249 33
Exult *(misc.symbol) 3,800 33
Kroll * 1,200 32
United Rentals * 2,300 32
Strayer Education 400 32
Waste Connections *(misc.symbol) 900 $ 32
Bowne 2,000 26
SOURCECORP * 1,200 26
Sylvan Learning Systems *(misc.symbol) 1,134 26
Banta 800 26
Rollins (misc.symbol) 1,350 25
Copart * 2,650 25
G&K Services, Class A 800 24
John H. Harland 900 24
Multi-Color * 1,050 23
Watson Wyatt, Class A * 1,000 23
Korn/Ferry *(misc.symbol) 2,800 23
School Specialty *(misc.symbol) 776 22
ABM Industries (misc.symbol) 1,400 22
Interpool 1,300 21
CoStar Group * 700 21
Headwaters Incorporated * 1,400 21
ICT Group * 1,900 20
Prepaid Legal Services *(misc.symbol) 800 20
Strategic Distribution * 1,200 20
Consolidated Graphics * 800 18
American Locker Group * 1,300 18
Sotheby's, Class A *(misc.symbol) 2,300 17
Landauer 400 17
Ecology and Environment, Class A 1,900 17
Kelly Services, Class A 700 16
NCO Group *(misc.symbol) 900 16
Central Parking 1,300 16
Ennis Business Forms 1,100 16
Labor Ready * 2,200 16
Innotrac *(misc.symbol) 2,700 16
Wackenhut Corrections * 1,100 15
PRG-Schultz International *(misc.symbol) 2,450 14
Resources Connection * 600 14
Hewitt Associates *(misc.symbol) 600 14
Steelcase, Class A (misc.symbol) 1,200 14
Ionics *(misc.symbol) 600 13
Imagistics
International *(misc.symbol) 500 $ 13
Duratek * 1,600 13
Learning Tree
International *(misc.symbol) 800 13
Administaff *(misc.symbol) 1,200 12
Electro Rent * 1,100 12
Park Ohio Holdings *(misc.symbol) 2,400 12
Roto-Rooter 300 11
Right Management Consultants * 900 11
Volt Information Sciences * 800 11
Spherion * 1,500 10
CDI *(misc.symbol) 400 10
TeleTech Holdings * 2,440 10
Standard Register 600 10
Princeton Review * 1,600 9
First Consulting Group * 1,900 9
Ablest * 1,700 9
McGrath RentCorp 300 8
DiamondCluster International,
Class A *(misc.symbol) 2,150 8
Moore * 509 7
Information Resources * 1,800 7
Bright Horizons Family Solutions * 200 7
Mobile Mini *(misc.symbol) 400 7
New England Business Service 200 6
On Assignment *(misc.symbol) 1,400 6
Workflow Management * 1,592 5
Casella Waste Systems, Class A * 600 5
Insurance Auto Auctions * 400 5
General Binding *(misc.symbol) 400 5
TRC *(misc.symbol) 300 4
RMH Teleservices *(misc.symbol) 800 3
Edison Schools, Class A *(misc.symbol) 1,900 3
Franklin Covey * 1,400 2
KForce.com * 456 2
Cornell Companies * 100 2
Mail-Well * 500 1
MCSi *(misc.symbol) 2,125 0
2,748
Construction & Engineering 0.3%
Jacobs Engineering Group * 1,700 $ 72
EMCOR Group * 800 39
Granite Construction 2,025 39
Dycom Industries * 2,033 33
Mastec * 4,750 27
Intergrated Electrical Services * 2,700 20
Insituform Technologies,
Class A *(misc.symbol) 900 16
Shaw Group *(misc.symbol) 1,300 16
Quanta Services * 1,900 13
Xanser *(misc.symbol) 5,700 12
URS * 500 10
Butler Manufacturing (misc.symbol) 500 8
305
Electrical Equipment 0.6%
Hubbell, Class B 1,900 63
AMETEK 1,000 37
A.O. Smith 1,000 28
Baldor Electric 1,300 27
Woodward Governor 600 26
II-VI * 1,000 23
Acuity Brands 1,200 22
Fuelcell Energy *(misc.symbol) 2,600 21
Genlyte Group * 600 21
Brady, Class A 600 20
Belden 1,200 19
Franklin Electric 300 17
Medis Technologies *(misc.symbol) 2,000 14
Chase 1,100 14
Regal-Beloit 700 13
C&D Technologies 900 13
Plug Power *(misc.symbol) 2,600 12
Paxar * 1,100 12
Vicor * 1,200 12
Encore Wire * 1,200 11
LSI Industries 900 10
General Cable 1,800 10
Channell Commercial * 1,700 9
Powell Industries * 600 $ 9
Energy Conversion Devices * 800 7
BTU International * 2,400 4
Capstone Turbine * 1,900 2
AstroPower *(misc.symbol) 600 2
MagneTek * 700 2
Global Power Equipment Group * 300 1
481
Industrial Conglomerates 0.4%
Allete 3,000 80
Teleflex 1,300 55
Carlisle Companies 1,200 51
Alleghany 233 45
Roper Industries 900 33
Walter Industries 2,400 28
Tredegar 1,600 24
316
Machinery 1.6%
SPX * 2,636 116
Donaldson 1,600 71
Pentair 1,800 70
Graco 1,625 52
Harsco 1,400 50
AGCO * 2,600 44
Timken 2,500 44
Oshkosh Truck, Class B 700 41
IDEX 1,100 40
Kennametal 1,100 37
UNOVA * 3,300 37
CLARCOR 800 31
ESCO Electronics * 700 31
Tecumseh Products, Class A 800 31
Dionex *(misc.symbol) 700 28
Wabtec 2,000 28
Trinity Industries (misc.symbol) 1,500 28
Mueller Industries * 1,000 27
Reliance Steel & Aluminum 1,300 27
Flowserve * 1,300 26
Wabash National *(misc.symbol) 1,800 $ 25
Briggs & Stratton 500 25
Albany International, Class A 910 25
Nordson 1,000 24
Valmont Industries 1,200 23
Tennant 600 22
Barnes Group 1,000 22
Terex *(misc.symbol) 1,100 21
Actuant, Class A * 405 19
Kaydon 900 19
Lincoln Electric Holdings 900 18
Cuno * 500 18
Manitowoc 800 18
NACCO Industries, Class A 300 18
Federal Signal (misc.symbol) 1,000 18
Lindsay Manufacturing 750 17
Stewart & Stevenson 1,100 17
Joy Global * 1,000 15
EnPro Industries * 1,300 14
Thomas Industries 500 13
SPS Technologies * 500 13
Robbins & Myers 700 13
Twin Disc 900 13
BHA Group, Class A 600 12
A.S.V. *(misc.symbol) 800 12
Greenbrier Companies *(misc.symbol) 1,000 11
Watts Industries, Class A 600 11
Met-Pro 700 10
Astec Industries * 1,100 10
Graham 900 8
Milacron (misc.symbol) 1,500 7
JLG Industries 1,000 7
Global Payment Technologies * 1,500 7
Wolverine Tube * 800 5
3D Systems *(misc.symbol) 500 3
Columbus Mckinnon * 500 1
1,393
Marine 0.1%
Alexander & Baldwin 1,300 $ 35
Kirby Corporation * 1,000 28
Overseas Shipholding Group 700 15
78
Road & Rail 0.5%
Swift Transportation * 3,090 57
Heartland Express * 1,679 37
Werner Enterprises 1,733 37
Landstar Systems * 500 31
Knight Transportation * 1,200 30
Kansas City Southern
Industries *(misc.symbol) 2,100 25
Florida East Coast
Industries (misc.symbol) 900 23
Old Dominion Freight Line * 1,050 23
USFreightways 800 22
Patriot Transportation Holdings * 700 20
Dollar Thrifty Auto
Group *(misc.symbol) 1,000 19
Yellow Corp * 800 18
Genesee & Wyoming, Class A * 875 18
Roadway Express (misc.symbol) 600 17
Arkansas Best 700 17
Transport Corp
of America *(misc.symbol) 2,700 15
Amerco *(misc.symbol) 2,100 15
USA Truck * 1,600 14
Allied Holdings * 3,500 12
RailAmerica *(misc.symbol) 1,200 10
U.S. Xpress Enterprises, Class A * 600 6
466
Trading Companies & Distributors 0.2%
Fastenal (misc.symbol) 2,400 81
MSC Industrial Direct, Class A * 1,300 23
Lawson Products 700 19
Watsco 800 13
Applied Industrial Technologies 600 13
NuCo2 *(misc.symbol) 700 7
156
Total Industrials & Business Services 7,721
INFORMATION TECHNOLOGY 14.5%
Communications Equipment 1.8%
Juniper Networks *(misc.symbol) 12,230 $ 151
Emulex * 3,120 71
Foundry Networks *(misc.symbol) 4,850 70
ADTRAN *(misc.symbol) 1,300 67
Harris 2,200 66
3Com * 11,600 54
InterDigital Communication * 2,300 54
Westell Technologies, Class A * 6,000 52
McDATA Corporation * 3,500 51
Brocade Communications Systems * 8,340 49
Polycom * 3,500 49
Avocent * 1,445 43
Advanced Fibre Communications * 2,400 39
Packeteer *(misc.symbol) 2,000 31
Adaptec * 3,900 30
Tekelec * 2,600 29
ViaSat *(misc.symbol) 2,000 29
Sycamore Networks * 7,350 28
Extreme Networks * 5,150 27
Sonus Networks * 5,290 27
Powerwave Technologies * 3,700 23
Ixia * 3,500 23
WilTel Communications * 1,500 22
F5 Networks *(misc.symbol) 1,300 22
Comtech Telecommunications * 750 21
Echelon *(misc.symbol) 1,500 21
Black Box 570 21
Centillium Communications * 2,000 20
Plantronics *(misc.symbol) 900 20
Commscope * 2,000 19
Cable Design Technologies * 2,550 18
Arris Group *(misc.symbol) 3,300 16
Enterasys Networks * 5,300 16
Computer Network
Technology *(misc.symbol) 1,900 15
Inter-Tel 700 15
Bel Fuse, Class A * 700 $ 14
Verso Technology *(misc.symbol) 7,900 14
Corvis * 9,400 14
ditech Communications * 2,800 14
PC-Tel * 1,100 13
SeaChange International * 1,300 12
Stratex Networks * 3,210 10
C-Cor.net *(misc.symbol) 2,000 10
Symmetricom * 2,200 10
Finisar *(misc.symbol) 5,900 9
Performance Technologies * 1,200 9
Oplink Communications * 4,500 8
Tollgrade Communications *(misc.symbol) 450 8
REMEC *(misc.symbol) 1,200 8
Netopia * 2,000 8
Harmonic Lightwaves *(misc.symbol) 1,884 8
Anaren *(misc.symbol) 800 8
Sunrise Telecom * 4,200 7
Avanex * 1,800 7
Mindspeed Technologies * 2,500 7
MRV Communications *(misc.symbol) 3,320 7
Terayon Communication Systems * 2,400 7
SpectraLink * 600 6
Paradyne Networks *(misc.symbol) 2,700 5
Riverstone Networks * 4,100 5
Norstan * 1,300 4
Redback Networks *(misc.symbol) 4,020 4
Digital Lightwave *(misc.symbol) 3,250 4
Tellium *+ 3,500 3
Aware * 1,300 3
Digi International * 460 3
Loral Space
& Communications *(misc.symbol) 730 2
Stratos Lightwave *(misc.symbol) 226 1
1,561
Computer & Peripherals 1.1%
Storage Technology * 3,900 100
Diebold 2,300 99
Sandisk *(misc.symbol) 2,400 97
Maxtor * 9,204 $ 69
Western Digital *(misc.symbol) 6,500 67
Seagate Technology 2,700 48
Imation 1,200 45
Electronics for Imaging * 1,700 34
Intergraph * 1,500 32
Avid Technology *(misc.symbol) 900 32
Sigma Designs *(misc.symbol) 2,800 30
Advanced Digital Info * 2,900 29
Pinnacle * 2,400 26
Iomega * 2,160 23
Synaptics * 1,600 22
Interphase * 2,700 21
Vixel *(misc.symbol) 2,800 18
Cray * 2,000 16
Palm *(misc.symbol) 900 15
In Focus Systems * 3,100 15
Quantum DLT & Storage Systems Group * 3,300 13
Hutchinson Technology * 400 13
Presstek *(misc.symbol) 2,100 13
Datalink * 2,500 12
Rimage * 800 10
SBS Technologies * 1,000 10
Video Display *(misc.symbol) 1,440 9
Rainbow Technologies *(misc.symbol) 1,100 9
Overland Data *(misc.symbol) 400 8
Hypercom * 1,500 6
Silicon Graphics * 5,300 6
JNI * 1,200 6
Handspring *(misc.symbol) 5,000 6
Concurrent Computer * 1,600 5
Dataram * 1,150 3
Read-Rite *(misc.symbol) 760 0
967
Electronic Equipment & Instruments 1.7%
CDW * 2,600 119
Vishay Intertechnology * 5,131 68
Amphenol, Class A *(misc.symbol) 1,400 66
National Instruments *(misc.symbol) 1,700 $ 64
AVX 5,700 63
Ingram Micro, Class A * 5,000 55
Arrow Electronics * 3,500 53
Tech Data * 1,800 48
Avnet * 3,696 47
Varian * 1,200 42
Lexar Media * 3,700 35
Metrologic Instruments *(misc.symbol) 1,000 33
FLIR Systems * 1,000 30
Littelfuse * 1,300 29
Anixter International * 1,200 28
Radisys * 1,800 24
KEMET * 2,300 23
Newport *(misc.symbol) 1,550 23
Trimble Navigation * 1,000 23
Technitrol * 1,500 23
MTS Systems 1,500 22
Photon Dynamics *(misc.symbol) 800 22
Identix *(misc.symbol) 3,274 21
Park Electrochemical 1,000 20
Electro Scientific Industries * 1,300 20
Itron *(misc.symbol) 900 19
Veeco * 1,129 19
Global Imaging Systems * 800 18
Benchmark Electronics * 600 18
Planar Systems * 900 18
Research Frontiers *(misc.symbol) 1,200 17
Scansource *(misc.symbol) 600 16
Coherent * 650 16
Pioneer-Standard
Electronics (misc.symbol) 1,800 15
Isco 1,800 15
OYO Geospace *(misc.symbol) 1,100 15
Plexus *(misc.symbol) 1,160 13
X-Rite 1,300 13
Manufacturers' Services *(misc.symbol) 2,500 12
CTS 1,100 11
Excel Technology * 500 $ 11
OSI Systems *(misc.symbol) 700 11
Artesyn Technologies * 2,000 11
BEI Technologies 900 11
Panavision * 1,700 11
TTM Technologies * 2,200 10
Methode Electronics, Class A 900 10
Lo-Jack * 1,700 8
Bell Microproducts * 1,900 8
Intermagnetics General * 408 8
Trans-Lux Corporation 1,300 8
Cyberoptics *(misc.symbol) 1,150 8
Zygo * 900 7
Rogers * 200 7
California Amplifier *(misc.symbol) 1,800 6
Nu Horizons Electronics * 1,000 6
LeCroy *(misc.symbol) 600 6
Keithley Instruments 400 6
Sypris Solutions (misc.symbol) 500 5
Pemstar *(misc.symbol) 1,200 5
Zomax * 1,400 5
Merix *(misc.symbol) 600 5
Maxwell Technologies *(misc.symbol) 700 4
Surebeam, Class A *(misc.symbol) 1,431 4
Sirenza Microdevices * 1,800 4
Somera Communications *(misc.symbol) 1,900 3
Acacia Technologies * 1,020 1
Reptron Electronics *(misc.symbol) 2,400 1
1,426
Internet Software & Services 2.1%
InterActiveCorp *(misc.symbol) 17,499 692
VeriSign * 7,888 109
Expedia, Class A * 1,300 99
United Online *(misc.symbol) 2,000 51
Earthlink * 5,820 46
DoubleClick * 4,892 45
RealNetworks *(misc.symbol) 6,500 44
CNET Networks * 6,871 43
Overture Services *(misc.symbol) 2,300 $ 42
aQuantive *(misc.symbol) 3,100 33
Lendingtree *(misc.symbol) 1,300 32
Internet Security Systems * 1,950 28
Digital Insight *(misc.symbol) 1,431 27
Ariba * 8,600 26
Digital River *(misc.symbol) 1,300 25
Webex Communications *(misc.symbol) 1,600 22
webMethods *(misc.symbol) 2,708 22
Infospace.com * 1,485 20
TriZetto Group * 3,300 20
Netegrity * 3,150 18
MarketWatch.com *(misc.symbol) 2,200 18
Akamai Technologies *(misc.symbol) 3,778 18
Register.com * 3,100 18
MatrixOne * 3,100 18
PEC Solutions *(misc.symbol) 1,100 18
NetRatings * 1,900 17
Opsware *(misc.symbol) 3,900 16
CMGI * 9,268 16
FreeMarkets * 2,150 15
OneSource Information Services * 1,900 14
Websense *(misc.symbol) 900 14
Sonicwall * 2,900 14
Retek *(misc.symbol) 2,145 14
Vignette * 6,448 13
Modem Media, Class A * 3,200 13
S1 * 2,800 11
Stellent *(misc.symbol) 2,000 11
Openwave Systems * 5,363 11
Digitas * 2,082 10
ParthusCeva *(misc.symbol) 1,200 10
Broadvision *(misc.symbol) 1,688 10
Interwoven * 4,000 9
Neoforma.com *(misc.symbol) 800 9
TippingPoint Technologies *(misc.symbol) 1,100 9
Entrust Technologies * 2,500 7
Allscripts Heathcare * 2,000 $ 7
Vitria Technology *(misc.symbol) 1,050 6
SeeBeyond Technology Corporation * 2,500 6
Kana Software *(misc.symbol) 1,867 6
iManage * 1,100 6
Chordiant Software *(misc.symbol) 2,920 5
Tumbleweed Communications *(misc.symbol) 1,700 4
I-many *(misc.symbol) 4,100 4
Interland *(misc.symbol) 2,700 3
America Online Latin America, Class A * 2,400 1
Commerce One *(misc.symbol) 492 1
1,826
IT Services 2.1%
Affiliated Computer
Services, Class A * 4,300 197
DST Systems * 3,940 150
Total Systems Services (misc.symbol) 6,500 145
Iron Mountain * 2,680 99
Ceridian * 5,200 88
Checkfree Holdings *(misc.symbol) 2,900 81
Certegy * 2,600 72
BearingPoint * 7,400 71
BISYS Group * 3,800 70
Global Payments 1,680 60
Perot Systems, Class A * 4,800 55
Acxiom * 3,600 54
Cognizant Technology Solutions,
Class A *(misc.symbol) 2,100 51
Anteon International * 1,500 42
National Processing *(misc.symbol) 2,200 35
CACl International, Class A * 1,000 34
Keane *(misc.symbol) 2,260 31
Intrado *(misc.symbol) 1,800 28
CSG Systems International * 2,000 28
eSpeed, Class A * 1,300 26
Startek * 900 24
American Management Systems * 1,600 23
Titan * 2,049 21
Medquist * 982 20
CIBER * 2,800 20
Pegasus Solutions * 1,200 $ 20
Gartner Group, Class B * 2,400 18
MPS Group * 2,600 18
EFunds * 1,500 17
Maximus *(misc.symbol) 600 17
Alliance Data Systems * 700 16
InfoUSA * 2,000 16
Igate Capital * 4,500 16
Computer Horizons * 3,300 15
Lightbridge * 1,638 14
Inforte * 1,800 14
SkillSoft ADR * 2,603 13
SRA International, Class A * 400 13
Syntel *(misc.symbol) 800 13
Edgewater Technology *(misc.symbol) 2,367 11
CompuCom Systems * 2,300 10
Liberate Technologies * 3,150 9
Safeguard Scientifics * 3,400 9
Forrester Research * 500 8
Integral Systems * 400 8
Technology Solutions * 5,200 5
Management Network Group * 2,600 5
InterCept Group *(misc.symbol) 600 5
Tier Technologies, Class B * 600 5
Sykes Enterprises * 700 4
AnswerThink * 1,700 3
Indus International * 1,600 3
Netguru * 2,400 3
1,833
Office Electronics 0.2%
Zebra Technologies, Class A * 1,000 75
Ikon Office Solutions (misc.symbol) 5,000 45
Gerber Scientific * 1,700 11
131
Semiconductor & Semiconductor Equipment 2.7%
Microchip Technology 6,549 161
Agere Systems, Class A * 53,600 125
Intersil Holding, Class A * 4,520 120
Lam Research * 4,150 $ 76
Integrated Circuit Systems * 2,400 75
Amkor Technology *(misc.symbol) 5,400 71
MEMC Electronic Materials * 6,900 68
Rambus * 4,080 68
International Rectifier * 2,300 62
Cabot Microelectronics *(misc.symbol) 1,032 52
Fairchild Semiconductor, Class A * 4,010 51
Cypress Semiconductor *(misc.symbol) 3,900 47
GlobeSpan * 5,428 45
Silicon Laboratories * 1,500 40
Vitesse Semiconductor * 8,000 39
Integrated Device Technology * 3,300 36
Atmel * 13,600 34
Skyworks Solutions *(misc.symbol) 5,000 34
Chippac, Class A *(misc.symbol) 4,400 34
RF Micro Devices *(misc.symbol) 5,500 33
Semtech * 2,300 33
Siliconix *(misc.symbol) 900 32
Micrel *(misc.symbol) 3,080 32
Power Integrations * 1,300 32
Omnivision Technologies *(misc.symbol) 1,000 31
Conexant Systems * 7,500 31
Zoran *(misc.symbol) 1,600 31
Varian Semiconductor Equipment * 1,000 30
MKS Instruments *(misc.symbol) 1,600 29
Cymer *(misc.symbol) 900 28
Lattice Semiconductor * 3,440 28
Entegris * 2,100 28
Microsemi * 1,700 27
Cognex * 1,200 27
DSP Group * 1,200 26
ATMI * 1,000 25
Actel * 1,200 25
PDF Solutions * 2,000 23
FEI * 1,100 21
Artisan Components *(misc.symbol) 900 20
Mykrolis * 2,000 $ 20
ON Semiconductor * 7,300 20
Pericom Semiconductor * 2,100 19
Advanced Energy Industries *(misc.symbol) 1,300 18
Silicon Image * 2,900 16
Axcelis Technologies * 2,600 16
Kopin * 2,600 16
Exar * 1,000 16
TriQuint Semiconductor * 3,780 16
Credence Systems *(misc.symbol) 1,800 15
Kulicke & Soffa * 2,300 15
Photronics *(misc.symbol) 810 14
Asyst Technology * 2,100 14
Cohu 900 14
ESS Technology * 1,400 14
Cirrus Logic * 3,300 13
Brooks-Pri Automation *(misc.symbol) 1,164 13
Ultratech Stepper * 700 13
Monolithic Systems
Technology *(misc.symbol) 1,400 13
Xicor * 1,900 12
Semitool * 2,400 12
Pixelworks *(misc.symbol) 1,900 11
Integrated Silicon Solution * 1,600 11
Silicon Storage Technology * 2,600 11
Novellus Systems * 290 11
LTX *(misc.symbol) 1,100 9
DuPont Photomasks * 500 9
Oak Technology * 1,500 9
Helix Technology 700 9
Rudolph Technologies *(misc.symbol) 500 8
Virage Logic * 1,000 7
Alliance Semiconductor * 1,400 7
Transmeta * 4,200 7
Three-Five Systems *(misc.symbol) 950 7
Microtune *(misc.symbol) 1,800 6
Amtech Systems * 1,600 6
Sipex *(misc.symbol) 1,000 5
Mattson Technology *(misc.symbol) 1,513 $ 5
Aehr Test Systems * 1,600 5
Celeritek * 600 4
ANADIGICS *(misc.symbol) 1,195 4
TranSwitch * 2,100 3
Nanometrics *(misc.symbol) 400 3
Therma-Wave * 1,000 2
PLX Technology * 500 2
FSI International * 400 2
Electroglas *(misc.symbol) 1,100 1
CombiMatrix *(misc.symbol) 569 1
Multilink Technologies,
Class A *(misc.symbol) 240 1
2,315
Software 2.8%
BEA Systems * 14,400 156
Synopsys * 2,433 151
Cadence Design Systems * 8,477 102
Fair Isaac (misc.symbol) 1,670 86
Reynolds & Reynolds, Class A 2,500 71
Network Associates * 4,872 62
Jack Henry & Associates 3,200 57
J. D. Edwards * 3,900 56
Factset Research Systems (misc.symbol) 1,200 53
Macromedia * 2,510 53
Red Hat * 5,700 43
Sybase * 3,072 43
Activision *(misc.symbol) 3,300 43
Quest Software * 3,500 42
Kronos * 800 41
Hyperion Solutions * 1,200 41
TIBCO Software * 7,150 36
Legato Systems *(misc.symbol) 4,181 35
Take-Two Interactive Software * 1,200 34
Documentum * 1,700 33
Mentor Graphics * 2,300 33
RSA Security * 2,950 32
SERENA Software *(misc.symbol) 1,500 31
Ascential Software *(misc.symbol) 1,875 31
Micromuse * 3,460 $ 28
Epicor Software * 4,400 26
Macrovision * 1,300 26
NetIQ * 1,658 26
Progress Software * 1,200 25
Borland Software * 2,500 24
Advent Software *(misc.symbol) 1,400 24
FileNet * 1,300 23
Magma Design Automation *(misc.symbol) 1,300 22
Barra *(misc.symbol) 600 21
Manhattan Associates * 800 21
Informatica * 3,000 21
Agile Software * 2,100 20
THQ *(misc.symbol) 1,125 20
SPSS * 1,200 20
MICROS Systems * 600 20
Ultimate Software Group * 3,900 20
Transaction Systems Architects,
Class A * 2,100 19
Verint Systems *(misc.symbol) 700 18
Verity * 1,400 18
Renaissance Learning *(misc.symbol) 800 18
CCC Information Services * 1,200 17
Nuance Communications *(misc.symbol) 3,200 17
Datastream * 1,500 16
Digimarc *(misc.symbol) 1,000 16
E.piphany * 3,040 16
Inet Technologies * 1,500 15
Ansoft * 1,400 15
Moldflow * 1,600 14
QRS * 2,700 14
Vastera * 2,300 14
Concord Communications * 1,000 14
Ulticom * 1,400 13
ScanSoft *(misc.symbol) 2,300 13
Captaris * 3,600 12
MAPICS * 1,500 12
Bottomline Technologies *(misc.symbol) 1,500 12
NYFIX *(misc.symbol) 1,850 $ 12
i2 Technologies * 11,566 12
MSC Software *(misc.symbol) 1,700 11
Secure Computing *(misc.symbol) 1,300 11
MicroStrategy, Class A *(misc.symbol) 300 11
Infogrames *(misc.symbol) 2,400 11
Wind River Systems * 2,776 11
EPIQ Systems *(misc.symbol) 600 10
Practiceworks *(misc.symbol) 525 10
TALX Corporation (misc.symbol) 440 10
AuthentiDate Holding *(misc.symbol) 2,800 10
MapInfo *(misc.symbol) 1,375 10
Embarcadero *(misc.symbol) 1,400 10
Pegasystems * 1,300 10
Ansys * 300 9
JDA Software Group * 800 9
Portal Software * 4,300 9
Manugistics Group *(misc.symbol) 2,000 8
MRO Software * 900 8
Radiant Systems *(misc.symbol) 1,150 8
Actuate * 2,700 8
DocuCorp International,
Class A *(misc.symbol) 1,100 7
Timberline Software 1,300 7
Verisity Ltd. * 600 7
WatchGuard Technologies *(misc.symbol) 1,500 7
Phoenix Technologies * 1,200 7
NetScout Systems * 1,200 6
Catapult Communications *(misc.symbol) 600 6
Systems & Computer Technology * 700 6
Sanchez Computer Associates * 1,200 6
Lawson Software *(misc.symbol) 800 6
Quality Systems * 200 6
Aspen Technology *(misc.symbol) 1,000 5
Insignia Systems *(misc.symbol) 700 4
Witness Systems *(misc.symbol) 800 4
NEON Systems * 1,200 4
Roxio *(misc.symbol) 500 3
PLATO Learning * 566 $ 3
EPlus * 300 3
Midway Games *(misc.symbol) 779 3
Novadigm *(misc.symbol) 900 2
Mercator Software *(misc.symbol) 1,400 2
ONYX Software * 1,700 2
Viewpoint Corporation *(misc.symbol) 1,300 1
Acclaim Entertainment * 1,800 1
OPNET Technologies * 100 1
2,372
Total Information Technology 12,431
MATERIALS 3.1%
Chemicals 1.2%
Cabot 2,400 69
Lyondell Chemical 4,900 66
Valspar 1,500 63
RPM 4,400 60
Lubrizol 1,800 56
Cytec Industries * 1,400 47
Albemarle 1,600 45
Scotts, Class A * 900 45
Airgas 2,600 44
Minerals Technologies 800 39
Valhi (misc.symbol) 3,600 35
Olin 1,800 31
Ferro 1,300 29
Crompton 3,924 28
NL Industries (misc.symbol) 1,600 27
FMC * 1,100 25
Georgia Gulf 1,200 24
Macdermid 900 24
IMC Global 3,300 22
Symyx Technologies * 1,350 22
A. Schulman 1,300 21
Spartech 900 19
Cambrex 800 18
Millennium Chemicals 1,900 $ 18
Wellman 1,600 18
W. R. Grace * 4,000 18
Terra Nitrogen Com L.P. 3,200 16
H.B. Fuller 720 16
Nanophase Technologies * 3,000 15
PolyOne 3,000 13
Arch Chemicals 650 12
Lesco * 1,200 11
Solutia 4,100 9
CFC International * 1,600 9
ICO * 7,400 8
OMNOVA Solutions * 1,800 7
Valley National Gases * 1,200 7
Calgon Carbon (misc.symbol) 800 5
1,041
Construction Materials 0.3%
Lafarge 2,300 71
Martin Marietta Materials 1,500 50
Florida Rock Industries 950 39
Centex Construction Products 700 28
Texas Industries 800 19
Devcon International * 2,100 14
Ameron International 300 11
U.S. Concrete * 1,300 5
237
Containers & Packaging 0.6%
Smurfit-Stone Container * 7,900 103
Sonoco Products 2,960 71
Owens-Illinois * 5,000 69
Packaging Corp of America * 3,200 59
Aptargroup 1,500 54
Crown Cork & Seal * 6,200 44
Silgan Holdings *(misc.symbol) 900 28
Greif Bros., Class A 900 21
Rock-Tenn, Class A (misc.symbol) 1,100 19
Myers Industries 1,600 15
Caraustar * 1,200 10
Longview Fibre 1,100 $ 9
Chesapeake Corp 400 9
Packaging Dynamics * 1,180 8
Graphic Packaging International * 500 2
521
Metals & Mining 0.7%
CONSOL Energy (misc.symbol) 2,700 61
Peabody Energy 1,800 60
Glamis Gold *(misc.symbol) 5,000 57
Arch Coal 1,700 39
Meridian Gold * 2,700 31
Massey (misc.symbol) 2,300 30
Royal Gold (misc.symbol) 1,300 28
MAXXAM *(misc.symbol) 1,700 25
Gibraltar Steel 1,100 23
Westmoreland Coal * 1,200 22
Northwest Pipe * 1,400 20
Steel Dynamics *(misc.symbol) 1,400 19
USEC 2,500 18
Commercial Metals 900 16
GrafTech International * 2,800 15
Quanex 500 15
Ryerson Tull 1,600 14
Universal Stainless & Alloy Products * 1,900 13
Carpenter Technology 800 13
NN, Inc. 900 11
Stillwater Mining *(misc.symbol) 2,200 11
Hecla Mining *(misc.symbol) 2,600 11
AK Steel * 2,844 10
Century Aluminum 1,300 9
Cleveland-Cliffs *(misc.symbol) 500 9
Synalloy * 1,500 8
Steel Technologies 500 5
Oregon Steel Mills * 1,000 3
596
Paper & Forest Products 0.3%
Bowater 2,100 $ 79
Rayonier 1,500 50
Potlatch (misc.symbol) 900 23
P.H. Glatfelter 1,300 19
Wausau-Mosinee Paper 1,600 18
Deltic Timber 500 14
Badger Paper Mills * 2,000 12
FiberMark * 1,800 8
Pope & Talbot 700 8
Buckeye Technologies * 600 4
235
Total Materials 2,630
TELECOMMUNICATION SERVICES 1.0%
Diversified Telecommunication Services 0.4%
Level 3 Communications *(misc.symbol) 16,900 112
Cincinnati Bell * 8,248 55
Commonwealth Telephone Enterprises * 900 40
General Communications, Class A * 2,800 24
Time Warner Telecom, Class A * 3,160 20
Surewest Communications (misc.symbol) 600 18
D&E Communications (misc.symbol) 1,409 16
IDT * 900 16
CT Communications 1,400 15
Infonet Services, Class B * 8,500 14
PTEK Holdings * 2,700 13
US LEC, Class A * 3,000 12
Hickory Technology (misc.symbol) 1,000 11
XETA Technologies * 1,300 5
ITXC * 1,800 5
Alaska Communications
Systems Group * 1,000 4
Lynch Interactive *(misc.symbol) 100 2
McLeodUSA, Class A *(misc.symbol) 961 2
Allegiance Telecom *(misc.symbol) 3,300 0
McLeodUSA, Class A,
Escrowed Stock *(misc.symbol)@ 16,412 0
384
Wireless Telecommunication Services 0.6%
Telephone and Data Systems 2,100 $ 104
U. S. Cellular * 2,700 69
American Tower Systems, Class A * 7,400 66
Crown Castle International * 8,100 63
Nextel Partners,
Class A *(misc.symbol) 4,600 34
Western Wireless,
Class A *(misc.symbol) 2,800 32
Price Communications * 1,934 25
@Road *(misc.symbol) 2,200 24
Wireless Facilities * 2,000 24
Triton PCS Holdings, Class A * 4,000 20
Boston Communications
Group *(misc.symbol) 1,000 17
Centennial Communication,
Class A *(misc.symbol) 3,500 14
Aether Systems *(misc.symbol) 1,900 9
Alamosa Holdings * 3,600 6
Metro One
Telecommunications *(misc.symbol) 1,050 5
EMS Technologies * 400 5
517
Total Telecommunication Services 901
TRUSTS & MUTUAL FUNDS 1.0%
Trusts & Mutual Funds 1.0%
iShares S&P Smallcap 600 Index Fund 8,000 877
Total Trusts & Mutual Funds 877
UTILITIES 3.1%
Electric Utilities 1.4%
Wisconsin Energy 3,900 113
Potomac Electric Power 5,400 103
Northeast Utilities 4,500 75
DPL 4,700 75
NSTAR (misc.symbol) 1,615 74
Great Plains Energy (misc.symbol) 2,500 72
Puget Energy 3,000 72
OGE Energy 3,100 66
Hawaiian Electric Industries 1,300 60
Alliant (misc.symbol) 2,700 $ 51
DQE 2,700 41
WPS Resources 1,000 40
Public Service of New Mexico 1,400 37
CH Energy Group 700 32
Black Hills 1,000 31
IdaCorp (misc.symbol) 1,100 29
Cleco 1,600 28
United Illuminating (misc.symbol) 600 24
Otter Tail (misc.symbol) 800 22
Unisource Energy 1,100 21
Empire District Electronics 800 17
El Paso Electric *(misc.symbol) 1,400 17
Madison Gas & Electric 500 16
UNITIL Corp (misc.symbol) 600 14
Central Vermont Public Service 600 12
Baycorp Holdings * 662 9
1,151
Gas Utilities 0.6%
Kinder Morgan Management 1,348 51
UGI 1,550 49
Piedmont Natural
Gas Company (misc.symbol) 1,200 47
Washington Gas & Light 1,700 45
AGL Resources 1,700 43
Atmos Energy 1,500 37
TC Pipelines (misc.symbol) 1,000 30
New Jersey Resources 800 28
Southern Union *(misc.symbol) 1,499 25
Northwest Natural Gas 700 19
Chesapeake Utilities 800 18
Southwestern Energy * 1,200 18
SEMCO Energy (misc.symbol) 3,000 18
Cascade Natural Gas 900 17
RGC Resources 700 16
Laclede Gas 600 16
Southwest Gas 600 13
South Jersey Industries 300 11
EnergySouth 300 10
NUI (misc.symbol) 400 6
517
Multi-Utilities & Unregulated Power 1.0%
SCANA 4,010 $ 138
Energy East 4,500 93
Questar 2,700 90
Equitable Resources 2,200 90
National Fuel Gas Company 3,100 81
MDU Resources Group 2,400 80
Reliant Resources * 9,900 61
ONEOK 2,400 47
Vectren 1,799 45
Western Resources 2,600 42
Energen 1,100 37
Avista 1,500 21
Sierra Pacific Resources *(misc.symbol) 3,400 20
Florida Public Utilities 1,033 17
Aquila 5,488 14
NorthWestern (misc.symbol) 1,800 4
880
Water Utilities 0.1%
Philadelphia Suburban 2,481 60
Connecticut Water Service 650 17
California Water Service Group 400 11
88
Total Utilities 2,636
Total Common Stocks (Cost $92,028) 81,536
Short-Term Investments 4.8%
U.S. Government Obligations 0.4%
U.S. Treasury Bills, 0.807%, 9/18/03 ** 300,000 299
299
Money Market Funds 4.4%
T. Rowe Price Reserve
Investment Fund, 1.16%# 3,773,688 3,774
3,774
Total Short-Term
Investments (Cost $4,073) 4,073
Securities Lending Collateral 18.8%
Money Market Trust 18.8%
State Street Bank and Trust
Company of New Hampshire, N.A.
Securities Lending Quality Trust units 16,089,762 $ 16,090
Total Securities Lending
Collateral (Cost $16,090) 16,090
Total Investments in Securities
118.7% of Net Assets (Cost $112,191) $ 101,699
Futures Contracts
Contract Unrealized
Expiration Value Gain (Loss)
------------ ------------- -----------
In thousands
Long, 12 S&P Mid-Cap
400 Stock Index contracts,
$152,000 of U.S.
Treasury Bills
pledged as initial
margin 9/03 $ 2,881 $ (65)
Long, 4 Russell 2000
Stock Index contracts,
$51,000 of U.S. Treasury
Bills pledged as
initial margin 9/03 897 (6)
Long, 1 NASDAQ 100 Index
contract, $9,000 of U.S.
Treasury Bills pledged
as initial margin 9/03 120 (4)
Net payments (receipts)
of variation
margin to date 69
Variation margin
receivable (payable)
on open futures
contracts (6)
Other Assets Less Liabilities
Including $16,090 obligation
to return securities
lending collateral (15,999)
NET ASSETS $ 85,694
-----------
Value
- --------------------------------------------------------------------------------
In thousands
Net Assets Consist of:
Undistributed net
investment income (loss) $ 290
Undistributed net
realized gain (loss) (17,257)
Net unrealized gain (loss) (10,567)
Paid-in-capital applicable
to 9,220,643 shares of $0.0001 par
value capital stock outstanding;
1,000,000,000 shares of the
Corporation authorized 113,228
NET ASSETS $ 85,694
----------
NET ASSET VALUE PER SHARE $ 9.29
----------
# Seven-day yield
* Non-income producing
(misc.symbol) All or a portion of this security is on loan at June 30,
2003 - See Note 2
** All or a portion of this security is pledged to cover margin
requirements on futures contracts at June 30, 2003
+ Security contains restrictions as to public resale pursuant to
the Securities Act of 1933 and related rules-total of such
securities at period-end amounts to $3,000 and represents 0.0%
of net assets
@ Security valued by the Fund's Board of Directors
ADR American Depository Receipts
REIT Real Estate Investment Trust
The accompanying notes are an integral part of these financial statements.
T. Rowe Price Extended Equity Market Index Fund
- --------------------------------------------------------------------------------
Certified Financials (Unaudited)
Statement of Operations
- --------------------------------------------------------------------------------
In thousands
6 Months
Ended
6/30/03
- --------------------------------------------------------------------------------
Investment Income (Loss)
Income
Dividend $ 364
Income distributions from mutual funds 21
Securities lending 16
Interest 2
Total income 403
Expenses
Investment management and administrative 143
Net investment income (loss) 260
Realized and Unrealized Gain (Loss)
Net realized gain (loss)
Securities (497)
Futures 650
Net realized gain (loss) 153
Change in net unrealized gain (loss)
Securities 11,749
Futures (26)
Change in net unrealized gain (loss) 11,723
Net realized and unrealized gain (loss) 11,876
INCREASE (DECREASE) IN NET
ASSETS FROM OPERATIONS $ 12,136
----------
The accompanying notes are an integral part of these financial statements.
- --------------------------------------------------------------------------------
T. Rowe Price Extended Equity Market Index Fund
- --------------------------------------------------------------------------------
Certified Financials (Unaudited)
Statement of Changes in Net Assets
- --------------------------------------------------------------------------------
In thousands
6 Months Year
Ended Ended
6/30/03 12/31/02
- --------------------------------------------------------------------------------
Increase (Decrease) in Net Assets
Operations
Net investment income (loss) $ 260 $ 532
Net realized gain (loss) 153 (8,916)
Change in net unrealized gain (loss) 11,723 (6,084)
Increase (decrease) in net
assets from operations 12,136 (14,468)
Distributions to shareholders
Net investment income -- (502)
Capital share transactions *
Shares sold 15,994 29,945
Distributions reinvested -- 483
Shares redeemed (9,096) (26,132)
Redemption fees received 2 1
Increase (decrease) in net assets from capital
share transactions 6,900 4,297
Net Assets
Increase (decrease) during period 19,036 (10,673)
Beginning of period 66,658 77,331
End of period $ 85,694 $ 66,658
--------------- ---------------
*Share information
Shares sold 1,935 3,370
Distributions reinvested -- 61
Shares redeemed (1,110) (2,953)
Increase (decrease) in
shares outstanding 825 478
The accompanying notes are an integral part of these financial statements.
- --------------------------------------------------------------------------------
T. Rowe Price Extended Equity Market Index Fund
- --------------------------------------------------------------------------------
Certified Financials (Unaudited) June 30, 2003
Notes to Financial Statements
- --------------------------------------------------------------------------------
NOTE 1 - SIGNIFICANT ACCOUNTING POLICIES
T. Rowe Price Index Trust, Inc. (the trust) is registered under the
Investment Company Act of 1940 (the 1940 Act). The Extended Equity Market
Index Fund (the fund), a diversified, open-end management investment
company, is one of the portfolios established by the trust and commenced
operations on January 30, 1998. The fund seeks to match the performance of
the U.S. stocks not included in the Standard & Poor's 500 Stock Index(RT),
as represented by the Wilshire 4500 Completion Index.
The accompanying financial statements were prepared in accordance with
accounting principles generally accepted in the United States of America,
which require the use of estimates made by fund management.
Valuation
Investments are valued at the close of the New York Stock Exchange (NYSE),
normally 4 p.m. ET, each day that the NYSE is open for business. Equity
securities listed or regularly traded on a securities exchange or in the
over-the-counter market are valued at the last quoted sale price at the
time the valuations are made. A security that is listed or traded on more
than one exchange is valued at the quotation on the exchange determined to
be the primary market for such security. Listed securities not traded on a
particular day are valued at the mean of the latest bid and ask prices.
Short-term debt securities are valued at amortized cost, which approximates
fair value when combined with accrued interest.
Investments in mutual funds are valued at the closing net asset value per
share of the mutual fund on the day of valuation. Financial futures
contracts are valued at closing settlement prices.
Other investments and those for which the above valuation procedures are
inappropriate or are deemed not to reflect fair value are stated at fair
value as determined in good faith by or under the supervision of the
officers of the fund, as authorized by the Board of Directors.
Premiums and Discounts
Premiums and discounts on debt securities are amortized for financial
reporting purposes.
Redemption Fees
A 0.5% fee is assessed on redemptions of fund shares held less than 6
months. Such fees are deducted from redemption proceeds and retained by the
fund, and have the primary effect of increasing paid-in capital.
Other
Income and expenses are recorded on the accrual basis. Investment
transactions are accounted for on the trade date. Realized gains and losses
are reported on the identified cost basis. Dividend income and
distributions to shareholders are recorded by the fund on the ex-dividend
date. Payments ("variation margin") made or received by the fund to settle
the daily fluctuations in the value of futures contracts are recorded as
unrealized gains or losses until the contracts are closed. Unrealized gains
and losses on futures contracts are included in Change in net unrealized
gain or loss in the accompanying financial statements.
NOTE 2 - INVESTMENT TRANSACTIONS
Consistent with its investment objective, the fund engages in the following
practices to manage exposure to certain risks or enhance performance. The
investment objective, policies, program, and risk factors of the fund are
described more fully in the fund's prospectus and Statement of Additional
Information.
Futures Contracts
During the six months ended June 30, 2003, the fund was a party to futures
contracts, which provide for the future sale by one party and purchase by
another of a specified amount of a specific financial instrument at an
agreed upon price, date, time, and place. Risks arise from possible
illiquidity of the futures market and from movements in security values.
Securities Lending
The fund lends its securities to approved brokers to earn additional
income. It receives as collateral cash and U.S. government securities
valued at 102% to 105% of the value of the securities on loan. Cash
collateral is invested in a money market pooled trust managed by the fund's
lending agent in accordance with investment guidelines approved by fund
management. Collateral is maintained over the life of the loan in an amount
not less than the value of loaned securities, as determined at the close of
fund business each day; any additional collateral required due to changes
in security values is delivered to the fund the next business day. Although
risk is mitigated by the collateral, the fund could experience a delay in
recovering its securities and a possible loss of income or value if the
borrower fails to return the securities. Securities lending revenue
recognized by the fund consists of earnings on invested collateral and
borrowing fees, net of any rebates to the borrower and compensation to the
lending agent. At June 30, 2003, the value of loaned securities was
$15,657,000; aggregate collateral consisted of $16,090,000 in the money
market pooled trust and U.S. government securities valued at $31,000.
Other
Purchases and sales of portfolio securities, other than short-term
securities, aggregated $8,702,000 and $2,566,000, respectively, for the six
months ended June 30, 2003.
NOTE 3 - FEDERAL INCOME TAXES
No provision for federal income taxes is required since the fund intends to
continue to qualify as a regulated investment company and distribute to
shareholders all of its taxable income and gains. Federal income tax
regulations differ from generally accepted accounting principles;
therefore, distributions determined in accordance with tax regulations may
differ in amount or character from net investment income and realized gains
for financial reporting purposes. Financial reporting records are adjusted
for permanent book/tax differences to reflect tax character. Temporary
differences are not adjusted. The amount and character of tax-basis
distributions and composition of net assets are finalized at fiscal
year-end; accordingly, tax-basis balances have not been determined as of
June 30, 2003.
For tax purposes, the fund has elected to treat net capital losses realized
between November 1 and December 31 of each year as occurring on the first
day of the following tax year; consequently, $267,000 of realized losses
recognized for financial reporting purposes in the year ended December 31,
2002 were recognized for tax purposes on January 1, 2003. Further, the fund
intends to retain realized gains to the extent of available capital loss
carryforwards. As of December 31, 2002, the fund had $17,211,000 of unused
capital loss carryforwards, of which $8,452,000 expire in 2009, and
$8,759,000 expire in 2010.
At June 30, 2003, the cost of investments for federal income tax purposes
was $112,191,000. Net unrealized loss aggregated $10,567,000 at period-end,
of which $15,920,000 related to appreciated investments and $26,487,000
related to depreciated investments.
NOTE 4 - RELATED PARTY TRANSACTIONS
The fund is managed by T. Rowe Price Associates, Inc. (the manager or Price
Associates), a wholly owned subsidiary of T. Rowe Price Group, Inc. The
investment management and administrative agreement between the fund and the
manager provides for an all-inclusive annual fee equal to 0.40% of the
fund's average daily net assets. The fee is computed daily and paid
monthly. The agreement provides that investment management, shareholder
servicing, transfer agency, accounting, and custody services are provided
to the fund, and interest, taxes, brokerage commissions, directors' fees
and expenses, and extraordinary expenses are paid directly by the fund. At
June 30, 2003, $47,000 was payable under the agreement.
The fund may invest in the T. Rowe Price Reserve Investment Fund and T.
Rowe Price Government Reserve Investment Fund (collectively, the Reserve
Funds), open-end management investment companies managed by Price
Associates. The Reserve Funds are offered as cash management options only
to mutual funds, trusts, and other accounts managed by Price Associates
and/or its affiliates, and are not available to the public. The Reserve
Funds pay no investment management fees. Distributions from the Reserve
Funds to the fund for the six months ended June 30, 2003, totaled $21,000.
Item 10(a)(2).
CERTIFICATIONS
I, James S. Riepe, certify that:
1. I have reviewed this report on Form N-CSR of T. Rowe Price Extended
Equity Market Index Fund;
2. Based on my knowledge, this report does not contain any untrue
statement of a material fact or omit to state a material fact necessary
to make the statements made, in light of the circumstances under which
such statements were made, not misleading with respect to the period
covered by this report;
3. Based on my knowledge, the financial statements, and other financial
information included in this report, fairly present in all material
respects the financial condition, results of operations, changes in net
assets, and cash flows (if the financial statements are required to
include a statement of cash flows) of the registrant as of, and for,
the periods presented in this report;
4. The registrant's other certifying officers and I are responsible for
establishing and maintaining disclosure controls and procedures (as
defined in rule 30a-3(c) under the Investment Company Act of 1940) for
the registrant and have:
(a) Designed such disclosure controls and procedures, or caused such
disclosure controls and procedures to be designed under our
supervision, to ensure that material information relating to the
registrant, including its consolidated subsidiaries, is made
known to us by others within those entities, particularly during
the period in which this report is being prepared;
(b) Evaluated the effectiveness of the registrant's disclosure
controls and procedures and presented in this report our
conclusions about the effectiveness of the disclosure controls
and procedures, as of a date within 90 days prior to the filing
date of this report based on such evaluation; and
(c) Disclosed in this report any change in the registrant's internal
control over financial reporting that occurred during the
registrant's most recent fiscal half-year (the registrant's
second fiscal half-year in the case of an annual report) that has
materially affected, or is reasonably likely to materially
affect, the registrant's internal control over financial
reporting; and
5. The registrant's other certifying officer(s) and I have disclosed to
the registrant's auditors and the audit committee of the registrant's
board of directors (or persons performing the equivalent functions):
(a) All significant deficiencies and material weaknesses in the
design or operation of internal control over financial reporting
which are reasonably likely to adversely affect the registrant's
ability to record, process, summarize, and report financial
information; and
(b) Any fraud, whether or not material, that involves management or
other employees who have a significant role in the registrant's
internal control over financial reporting.
Date: August 13, 2003 /s/ James S. Riepe
James S. Riepe
Principal Executive Officer
CERTIFICATIONS
I, Joseph A. Carrier, certify that:
1. I have reviewed this report on Form N-CSR of T. Rowe Price Extended
Equity Market Index Fund;
2. Based on my knowledge, this report does not contain any untrue
statement of a material fact or omit to state a material fact necessary
to make the statements made, in light of the circumstances under which
such statements were made, not misleading with respect to the period
covered by this report;
3. Based on my knowledge, the financial statements, and other financial
information included in this report, fairly present in all material
respects the financial condition, results of operations, changes in net
assets, and cash flows (if the financial statements are required to
include a statement of cash flows) of the registrant as of, and for,
the periods presented in this report;
4. The registrant's other certifying officers and I are responsible for
establishing and maintaining disclosure controls and procedures (as
defined in rule 30a-3(c) under the Investment Company Act of 1940) for
the registrant and have:
(a) Designed such disclosure controls and procedures, or caused such
disclosure controls and procedures to be designed under our
supervision, to ensure that material information relating to the
registrant, including its consolidated subsidiaries, is made
known to us by others within those entities, particularly during
the period in which this report is being prepared;
(b) Evaluated the effectiveness of the registrant's disclosure
controls and procedures and presented in this report our
conclusions about the effectiveness of the disclosure controls
and procedures, as of a date within 90 days prior to the filing
date of this report based on such evaluation; and
(c) Disclosed in this report any change in the registrant's internal
control over financial reporting that occurred during the
registrant's most recent fiscal half-year (the registrant's
second fiscal half-year in the case of an annual report) that has
materially affected, or is reasonably likely to materially
affect, the registrant's internal control over financial
reporting; and
5. The registrant's other certifying officer(s) and I have disclosed to
the registrant's auditors and the audit committee of the registrant's
board of directors (or persons performing the equivalent functions):
(a) All significant deficiencies and material weaknesses in the
design or operation of internal control over financial reporting
which are reasonably likely to adversely affect the registrant's
ability to record, process, summarize, and report financial
information; and
(b) Any fraud, whether or not material, that involves management or
other employees who have a significant role in the registrant's
internal control over financial reporting.
Date: August 12, 2003 /s/ Joseph A. Carrier
Joseph A. Carrier
Principal Financial Officer
Item 10(b).
CERTIFICATION UNDER SECTION 906 OF SARBANES-OXLEY ACT OF 2002
Name of Issuer: T. Rowe Price Extended Equity Market Index Fund
In connection with the Report on Form N-CSR for the above named issuer, the
undersigned hereby certifies, to the best of his knowledge, that:
1. The Report fully complies with the requirements of Section 13(a) or
15(d) of the Securities Exchange Act of 1934;
2. The information contained in the Report fairly presents, in all
material respects, the financial condition and results of operations of
the Issuer.
Date: August 13, 2003 /s/ James S. Riepe
James S. Riepe
Principal Executive Officer
Date: August 12, 2003 /s/ Joseph A. Carrier
Joseph A. Carrier
Principal Financial Officer