UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    Form 13F

                               Form 13F COVER PAGE

Report for the Calendar Year or Quarter Ended: December 31, 2002

Check here if Amendment [ ]; Amendment Number-
   This Amendment (Check only one.) [ ]is a restatement
                                    [ ]adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:      Verizon Investment Management Corp.
Address:   695 Main Street, 6th Floor
           Stamford, Connecticut  06901

Form 13F File Number: 028-04063

The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting manager:

Name:  Marie Logiudice
       ---------------
Title: Vice President-Operations
       -------------------------
Phone: 203 965-3726
       -------------------------

Signature, Place, and Date of Signing:

          /s/                            Stamford, Connecticut         2/6/03
          ---------------------          ---------------------         ------
               [Signature]                   [City, State]             [Date]

Report Type (Check only one.):

[X]  13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
     are reported in this report-)

[ ]  13F NOTICE. (Check here if no holdings reported are in this report,
     and all holdings are reported by other reporting manager(s).)

[ ]  13F COMBINATION REPORT. (Check here if a portion of the holdings for this
     reporting manager are reported in this report and a portion are reported by
     other reporting manager(s).)



                              Form 13F SUMMARY PAGE

Report summary:

Number of Other Included Managers:                0
                                                --------------
Form 13F Information Table Entry Total:           924
                                                --------------
Form 13F Information Table Value Total:         $5,508,047
                                                --------------
                                                (thousands)
List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.


  NONE
  ------------------------------------------------------------------------------




                                                 VERIZON INVESTMENT MANAGEMENT CORP.
                                               FORM 13F - SOLE INSTR V. NONE AUTHORITY
                                                          DECEMBER 31, 2002

       ITEM 1:                   ITEM 2:     ITEM 3:    ITEM 4:     ITEM 5:        ITEM 6:         ITEM 7:           ITEM 8:

                                                                              INV. DISCRETION                VOTING AUTHORITY SHARES
                                                                             (A)    (B)     (C)              (A)     (B)      (C)
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                             CUSIP    MARKET VALUE PRINCIPAL       AS DEF. SHARED   SEE
NAME OF ISSUER               TITLE OF CLASS  NUMBER      ($000)     AMOUNT   SOLE INSTR. V OTHER  INSTR.V    SOLE   SHARED    NONE
------------------------------------------------------------------------------------------------------------------------------------
                                                                                          
ACE LTD                      ORD            G0070K103       939      32,005   X                                               32,005
ARCH CAP GROUP LTD           ORD            G0450A105     1,072      34,400   X                                               34,400
BUNGE LIMITED                COM            G16962105       428      17,800   X                                               17,800
COOPER INDS LTD              CL A           G24182100     1,663      45,630   X                                               45,630
FRESH DEL MONTE PRODUCE INC  ORD            G36738105     1,129      59,700   X                                               59,700
INGERSOLL-RAND COMPANY LTD   CL A           G4776G101     4,424     102,746   X                                              102,746
NABORS INDUSTRIES LTD        SHS            G6359F103     1,128      31,994   X                                               31,994
NOBLE CORPORATION            SHS            G65422100       718      20,423   X                                               20,423
TRANSOCEAN INC               ORD            G90078109     2,158      93,037   X                                               93,037
WEATHERFORD INTERNATIONAL LT COM            G95089101       902      22,600   X                                               22,600
XL CAP LTD                   CL A           G98255105     1,700      22,010   X                                               22,010
A D C TELECOMMUNICATIONS     COM            000886101       413     197,801   X                                              197,801
AFLAC INC                    COM            001055102     9,633     319,815   X                                              319,815
AGCO CORP                    COM            001084102       907      41,060   X                                               41,060
AGL RES INC                  COM            001204106       705      29,000   X                                               29,000
AES CORP                     COM            00130H105       414     137,149   X                                              137,149
AMR CORP                     COM            001765106       187      28,376   X                                               28,376
AOL TIME WARNER INC          COM            00184A105    35,749   2,728,946   X                                            2,728,946
AT&T CORP                    COM NEW        001957505    14,152     542,005   X                                              542,005
AT&T WIRELESS SVCS INC       COM            00209A106     6,629   1,173,235   X                                            1,173,235
ABBOTT LABS                  COM            002824100    44,154   1,103,842   X                                            1,103,842
ABERCROMBIE & FITCH CO       CL A           002896207       428      20,906   X                                               20,906
ACCREDO HEALTH INC           COM            00437V104       961      27,259   X                                               27,259
ACTIVISION INC NEW           COM NEW        004930202     1,235      84,614   X                                               84,614
ACXIOM CORP                  COM            005125109       213      13,827   X                                               13,827
ADAPTEC INC                  COM            00651F108        86      15,178   X                                               15,178
ADOBE SYS INC                COM            00724F101     3,466     139,761   X                                              139,761
ADVANCED FIBRE COMMUNICATION COM            00754A105       199      11,917   X                                               11,917
ADVANCEPCS                   COM            00790K109       428      19,260   X                                               19,260
ADVANCED MICRO DEVICES INC   COM            007903107       535      82,799   X                                               82,799
ADVENT SOFTWARE INC          COM            007974108       287      21,043   X                                               21,043
AETNA INC NEW                COM            00817Y108     4,136     100,581   X                                              100,581
AFFILIATED COMPUTER SERVICES CL A           008190100     7,434     141,196   X                                              141,196
AFFILIATED MANAGERS GROUP    COM            008252108       216       4,300   X                                                4,300
AFFYMETRIX INC               COM            00826T108       706      30,822   X                                               30,822
AGERE SYS INC                CL B           00845V209       399     285,359   X                                              285,359
AGILENT TECHNOLOGIES INC     COM            00846U101     2,168     120,722   X                                              120,722
AIR PRODS & CHEMS INC        COM            009158106     4,929     115,291   X                                              115,291
ALBEMARLE CORP               COM            012653101     1,379      48,473   X                                               48,473
ALBERTO CULVER CO            CL B CONV      013068101     3,361      66,678   X                                               66,678
ALBERTSONS INC               COM            013104104     3,958     177,822   X                                              177,822
ALCOA INC                    COM            013817101    11,488     504,299   X                                              504,299
ALLEGHENY ENERGY INC         COM            017361106       211      27,904   X                                               27,904
ALLEGHENY TECHNOLOGIES INC   COM            01741R102       272      43,717   X                                               43,717
ALLEN TELECOM INC            COM            018091108       334      35,300   X                                               35,300
ALLERGAN INC                 COM            018490102     3,117      54,102   X                                               54,102
ALLIANCE DATA SYSTEMS CORP   COM            018581108       290      16,376   X                                               16,376
ALLIANT TECHSYSTEMS INC      COM            018804104     2,672      42,849   X                                               42,849
ALLIED CAP CORP NEW          COM            01903Q108       424      19,417   X                                               19,417
ALLIED WASTE INDS INC        COM PAR$.01NEW 019589308       500      50,015   X                                               50,015
ALLSTATE CORP                COM            020002101    23,146     625,727   X                                              625,727
ALLTEL CORP                  COM            020039103    14,929     292,725   X                                              292,725
ALTERA CORP                  COM            021441100     1,827     148,162   X                                              148,162
AMAZON COM INC               COM            023135106     2,614     138,389   X                                              138,389


                                       1




                                                 VERIZON INVESTMENT MANAGEMENT CORP.
                                               FORM 13F - SOLE INSTR V. NONE AUTHORITY
                                                          DECEMBER 31, 2002

       ITEM 1:                   ITEM 2:     ITEM 3:    ITEM 4:     ITEM 5:        ITEM 6:         ITEM 7:           ITEM 8:

                                                                              INV. DISCRETION                VOTING AUTHORITY SHARES
                                                                             (A)    (B)     (C)              (A)     (B)      (C)
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                             CUSIP    MARKET VALUE PRINCIPAL       AS DEF. SHARED   SEE
NAME OF ISSUER               TITLE OF CLASS  NUMBER      ($000)     AMOUNT   SOLE INSTR. V OTHER  INSTR.V    SOLE   SHARED    NONE
------------------------------------------------------------------------------------------------------------------------------------
                                                                                          
AMBAC FINL GROUP INC         COM            023139108     7,178     127,631   X                                              127,631
AMERADA HESS CORP            COM            023551104     2,913      52,918   X                                               52,918
AMEREN CORP                  COM            023608102     2,513      60,453   X                                               60,453
AMERICAN EAGLE OUTFITTERS NE COM            02553E106       154      11,165   X                                               11,165
AMERICAN ELEC PWR INC        COM            025537101     5,606     205,137   X                                              205,137
AMERICAN EXPRESS CO          COM            025816109    24,619     696,425   X                                              696,425
AMERICAN GREETINGS CORP      CL A           026375105       190      12,005   X                                               12,005
AMERICAN INTL GROUP INC      COM            026874107    85,631   1,480,229   X                                            1,480,229
AMERICAN NATL INS CO         COM            028591105       732       8,929   X                                                8,929
AMERICAN PWR CONVERSION CORP COM            029066107       661      43,633   X                                               43,633
AMERICAN STD COS INC DEL     COM            029712106     3,261      45,841   X                                               45,841
AMERICAN WTR WKS INC         COM            030411102     1,460      32,113   X                                               32,113
AMERICREDIT CORP             COM            03060R101       214      27,639   X                                               27,639
AMERISOURCEBERGEN CORP       COM            03073E105     3,113      57,320   X                                               57,320
AMETEK INC NEW               COM            031100100     1,874      48,700   X                                               48,700
AMGEN INC                    COM            031162100    41,137     850,991   X                                              850,991
AMKOR TECHNOLOGY INC         COM            031652100        68      14,383   X                                               14,383
AMPHENOL CORP NEW            CL A           032095101     2,575      67,760   X                                               67,760
AMSOUTH BANCORPORATION       COM            032165102     2,284     118,940   X                                              118,940
ANADARKO PETE CORP           COM            032511107     4,819     100,608   X                                              100,608
ANALOG DEVICES INC           COM            032654105     4,085     171,142   X                                              171,142
ANDREW CORP                  COM            034425108       296      28,766   X                                               28,766
ANDRX GROUP                  COM            034553107       207      14,081   X                                               14,081
ANHEUSER BUSCH COS INC       COM            035229103    32,030     661,784   X                                              661,784
ANNTAYLOR STORES CORP        COM            036115103       422      20,650   X                                               20,650
ANTHEM INC                   COM            03674B104     5,002      79,524   X                                               79,524
AON CORP                     COM            037389103       976      51,687   X                                               51,687
APACHE CORP                  COM            037411105     4,243      74,451   X                                               74,451
APOGENT TECHNOLOGIES INC     COM            03760A101       312      15,000   X                                               15,000
APOLLO GROUP INC             CL A           037604105     8,080     183,640   X                                              183,640
APOLLO GROUP INC             COM UNV PHOENX 037604204     1,631      45,512   X                                               45,512
APPLE COMPUTER INC           COM            037833100     1,868     130,349   X                                              130,349
APPLEBEES INTL INC           COM            037899101     2,264      97,623   X                                               97,623
APPLERA CORP                 COM AP BIO GRP 038020103     1,428      81,399   X                                               81,399
APPLIED MICRO CIRCUITS CORP  COM            03822W109       291      78,850   X                                               78,850
APPLIED MATLS INC            COM            038222105    16,554   1,270,443   X                                            1,270,443
AQUILA INC                   COM            03840P102        19      10,977   X                                               10,977
ARCHER DANIELS MIDLAND CO    COM            039483102     1,611     129,937   X                                              129,937
ARCHSTONE SMITH TR           COM            039583109       253      10,740   X                                               10,740
ARROW ELECTRS INC            COM            042735100       446      34,833   X                                               34,833
ASHLAND INC                  COM            044204105       521      18,249   X                                               18,249
ASSOCIATED BANC CORP         COM            045487105     1,148      33,839   X                                               33,839
ATMEL CORP                   COM            049513104       159      71,181   X                                               71,181
AUTODESK INC                 COM            052769106       374      26,123   X                                               26,123
AUTOLIV INC                  COM            052800109     1,107      52,880   X                                               52,880
AUTOMATIC DATA PROCESSING IN COM            053015103    12,222     311,393   X                                              311,393
AUTONATION INC               COM            05329W102       152      12,125   X                                               12,125
AUTOZONE INC                 COM            053332102     5,824      82,432   X                                               82,432
AVAYA INC                    COM            053499109       180      73,450   X                                               73,450
AVERY DENNISON CORP          COM            053611109     8,670     141,951   X                                              141,951
AVID TECHNOLOGY INC          COM            05367P100       750      32,700   X                                               32,700
AVNET INC                    COM            053807103       857      79,087   X                                               79,087
AVON PRODS INC               COM            054303102     8,508     157,938   X                                              157,938
AZTAR CORP                   COM            054802103       230      16,100   X                                               16,100


                                        2




                                                 VERIZON INVESTMENT MANAGEMENT CORP.
                                               FORM 13F - SOLE INSTR V. NONE AUTHORITY
                                                          DECEMBER 31, 2002

       ITEM 1:                   ITEM 2:     ITEM 3:    ITEM 4:     ITEM 5:        ITEM 6:         ITEM 7:           ITEM 8:

                                                                              INV. DISCRETION                VOTING AUTHORITY SHARES
                                                                             (A)    (B)     (C)              (A)     (B)      (C)
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                             CUSIP    MARKET VALUE PRINCIPAL       AS DEF. SHARED   SEE
NAME OF ISSUER               TITLE OF CLASS  NUMBER      ($000)     AMOUNT   SOLE INSTR. V OTHER  INSTR.V    SOLE   SHARED    NONE
------------------------------------------------------------------------------------------------------------------------------------
                                                                                          
BB&T CORP                    COM            054937107     6,719     181,643   X                                              181,643
BISYS GROUP INC              COM            055472104       863      54,294   X                                               54,294
BJS WHOLESALE CLUB INC       COM            05548J106       290      15,831   X                                               15,831
BJ SVCS CO                   COM            055482103     4,268     132,111   X                                              132,111
BMC SOFTWARE INC             COM            055921100     1,672      97,713   X                                               97,713
BAKER HUGHES INC             COM            057224107     7,912     245,792   X                                              245,792
BALL CORP                    COM            058498106     6,032     117,834   X                                              117,834
BANK OF AMERICA CORPORATION  COM            060505104    94,384   1,356,670   X                                            1,356,670
BANK HAWAII CORP             COM            062540109     3,600     118,452   X                                              118,452
BANK NEW YORK INC            COM            064057102     4,178     174,384   X                                              174,384
BANK ONE CORP                COM            06423A103    20,125     550,604   X                                              550,604
BANKNORTH GROUP INC NEW      COM            06646R107     2,237      98,965   X                                               98,965
BARD C R INC                 COM            067383109     1,777      30,632   X                                               30,632
BARR LABS INC                COM            068306109     2,318      35,611   X                                               35,611
BAUSCH & LOMB INC            COM            071707103       730      20,283   X                                               20,283
BAXTER INTL INC              COM            071813109     8,601     307,171   X                                              307,171
BEA SYS INC                  COM            073325102     1,308     114,070   X                                              114,070
BEAR STEARNS COS INC         COM            073902108    12,237     206,011   X                                              206,011
BEARINGPOINT INC             COM            074002106       263      38,161   X                                               38,161
BECKMAN COULTER INC          COM            075811109     2,632      89,172   X                                               89,172
BECTON DICKINSON & CO        COM            075887109     3,545     115,501   X                                              115,501
BED BATH & BEYOND INC        COM            075896100     5,464     158,232   X                                              158,232
BELLSOUTH CORP               COM            079860102    25,505     985,873   X                                              985,873
BELO CORP                    COM SER A      080555105       564      26,470   X                                               26,470
BEMIS INC                    COM            081437105     2,556      51,503   X                                               51,503
BERKSHIRE HATHAWAY INC DEL   CL A           084670108     7,857         108   X                                                  108
BEST BUY INC                 COM            086516101     4,327     179,155   X                                              179,155
BIG LOTS INC                 COM            089302103       417      31,526   X                                               31,526
BIOGEN INC                   COM            090597105     2,516      62,798   X                                               62,798
BIOMET INC                   COM            090613100     2,646      92,340   X                                               92,340
BLACK & DECKER CORP          COM            091797100     1,558      36,329   X                                               36,329
BLACKROCK INC                CL A           09247X101     1,437      36,473   X                                               36,473
BLOCK H & R INC              COM            093671105     8,513     211,773   X                                              211,773
BLOCKBUSTER INC              CL A           093679108       234      19,102   X                                               19,102
BOEING CO                    COM            097023105    14,361     435,316   X                                              435,316
BOISE CASCADE CORP           COM            097383103       329      13,062   X                                               13,062
BORG WARNER INC              COM            099724106     1,862      36,933   X                                               36,933
BOSTON SCIENTIFIC CORP       COM            101137107     9,239     217,296   X                                              217,296
BOWATER INC                  COM            102183100     1,479      35,246   X                                               35,246
BRINKER INTL INC             COM            109641100     2,902      89,974   X                                               89,974
BRISTOL MYERS SQUIBB CO      COM            110122108    20,048     866,020   X                                              866,020
BROADCOM CORP                CL A           111320107     1,006      66,820   X                                               66,820
BROCADE COMMUNICATIONS SYS I COM            111621108       215      52,029   X                                               52,029
BROWN & BROWN INC            COM            115236101       907      28,065   X                                               28,065
BROWN FORMAN CORP            CL B           115637209     1,482      22,673   X                                               22,673
BRUNSWICK CORP               COM            117043109       327      16,482   X                                               16,482
BURLINGTON NORTHN SANTA FE C COM            12189T104     6,860     263,729   X                                              263,729
BURLINGTON RES INC           COM            122014103     2,022      47,402   X                                               47,402
CDW COMPUTER CTRS INC        COM            125129106     3,149      71,807   X                                               71,807
C H ROBINSON WORLDWIDE INC   COM            12541W100       621      19,905   X                                               19,905
CIGNA CORP                   COM            125509109     4,402     107,058   X                                              107,058
CMS ENERGY CORP              COM            125896100       455      48,156   X                                               48,156
CPB INC                      COM            125903104       615      22,400   X                                               22,400
CSG SYS INTL INC             COM            126349109       175      12,835   X                                               12,835


                                       3




                                                 VERIZON INVESTMENT MANAGEMENT CORP.
                                               FORM 13F - SOLE INSTR V. NONE AUTHORITY
                                                          DECEMBER 31, 2002

       ITEM 1:                   ITEM 2:     ITEM 3:    ITEM 4:     ITEM 5:        ITEM 6:         ITEM 7:           ITEM 8:

                                                                              INV. DISCRETION                VOTING AUTHORITY SHARES
                                                                             (A)    (B)     (C)              (A)     (B)      (C)
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                             CUSIP    MARKET VALUE PRINCIPAL       AS DEF. SHARED   SEE
NAME OF ISSUER               TITLE OF CLASS  NUMBER      ($000)     AMOUNT   SOLE INSTR. V OTHER  INSTR.V    SOLE   SHARED    NONE
------------------------------------------------------------------------------------------------------------------------------------
                                                                                          
CSX CORP                     COM            126408103     1,103      38,961   X                                               38,961
CVS CORP                     COM            126650100     2,147      85,985   X                                               85,985
CABLEVISION SYS CORP         CL A NY CABLVS 12686C109       534      31,898   X                                               31,898
CABOT CORP                   COM            127055101       712      26,832   X                                               26,832
CACI INTL INC                CL A           127190304     1,597      44,800   X                                               44,800
CADENCE DESIGN SYSTEM INC    COM            127387108     1,348     114,327   X                                              114,327
CALPINE CORP                 COM            131347106       352     107,847   X                                              107,847
CAMPBELL SOUP CO             COM            134429109     1,495      63,685   X                                               63,685
CANADIAN NATL RY CO          COM            136375102       694      16,700   X                                               16,700
CAPITAL ONE FINL CORP        COM            14040H105     5,527     185,973   X                                              185,973
CARDINAL HEALTH INC          COM            14149Y108    15,216     257,071   X                                              257,071
CAREER EDUCATION CORP        COM            141665109     1,461      36,532   X                                               36,532
CAREMARK RX INC              COM            141705103     1,378      84,825   X                                               84,825
CARLISLE COS INC             COM            142339100       919      22,200   X                                               22,200
CARMAX INC                   COM            143130102       312      17,434   X                                               17,434
CARNIVAL CORP                COM            143658102     2,390      95,783   X                                               95,783
CATALINA MARKETING CORP      COM            148867104       251      13,572   X                                               13,572
CATELLUS DEV CORP            COM            149111106       305      15,377   X                                               15,377
CATERPILLAR INC DEL          COM            149123101    10,092     220,741   X                                              220,741
CELGENE CORP                 COM            151020104       782      36,413   X                                               36,413
CENDANT CORP                 COM            151313103     6,504     620,654   X                                              620,654
CENTERPOINT ENERGY INC       COM            15189T107       454      53,430   X                                               53,430
CENTEX CORP                  COM            152312104     2,033      40,500   X                                               40,500
CENTURYTEL INC               COM            156700106     5,189     176,632   X                                              176,632
CEPHALON INC                 COM            156708109       983      20,190   X                                               20,190
CERIDIAN CORP NEW            COM            156779100       400      27,748   X                                               27,748
CERTEGY INC                  COM            156880106       347      14,117   X                                               14,117
CHARLES RIV LABS INTL INC    COM            159864107     1,609      41,820   X                                               41,820
CHARTER ONE FINL INC         COM            160903100     1,495      52,029   X                                               52,029
CHECKFREE CORP NEW           COM            162813109       656      40,973   X                                               40,973
CHEESECAKE FACTORY INC       COM            163072101       471      13,034   X                                               13,034
CHEMED CORP                  COM            163596109       725      20,500   X                                               20,500
CHEVRONTEXACO CORP           COM            166764100    40,097     603,137   X                                              603,137
CHICOS FAS INC               COM            168615102     1,562      82,620   X                                               82,620
CHIRON CORP                  COM            170040109     2,749      73,120   X                                               73,120
CHOICEPOINT INC              COM            170388102     3,351      84,858   X                                               84,858
CHUBB CORP                   COM            171232101     3,203      61,362   X                                               61,362
CHURCH & DWIGHT INC          COM            171340102       730      23,992   X                                               23,992
CIENA CORP                   COM            171779101       600     116,787   X                                              116,787
CIMAREX ENERGY CO            COM            171798101       479      26,758   X                                               26,758
CINCINNATI FINL CORP         COM            172062101     2,700      71,898   X                                               71,898
CINERGY CORP                 COM            172474108     4,421     131,116   X                                              131,116
CIRCUIT CITY STORE INC       COM            172737108       316      42,549   X                                               42,549
CISCO SYS INC                COM            17275R102    75,269   5,745,711   X                                            5,745,711
CINTAS CORP                  COM            172908105     3,737      81,676   X                                               81,676
CITIGROUP INC                COM            172967101   120,269   3,417,695   X                                            3,417,695
CITIZENS COMMUNICATIONS CO   COM            17453B101     1,317     124,874   X                                              124,874
CITRIX SYS INC               COM            177376100       728      59,074   X                                               59,074
CITY HLDG CO                 COM            177835105     1,263      44,700   X                                               44,700
CLARCOR INC                  COM            179895107     2,230      69,100   X                                               69,100
CLEAR CHANNEL COMMUNICATIONS COM            184502102     9,153     245,466   X                                              245,466
CLOROX CO DEL                COM            189054109     6,566     159,168   X                                              159,168
COACH INC                    COM            189754104     5,817     176,700   X                                              176,700
COCA COLA CO                 COM            191216100    62,302   1,421,134   X                                            1,421,134


                                       4




                                                 VERIZON INVESTMENT MANAGEMENT CORP.
                                               FORM 13F - SOLE INSTR V. NONE AUTHORITY
                                                          DECEMBER 31, 2002

       ITEM 1:                   ITEM 2:     ITEM 3:    ITEM 4:     ITEM 5:        ITEM 6:         ITEM 7:           ITEM 8:

                                                                              INV. DISCRETION                VOTING AUTHORITY SHARES
                                                                             (A)    (B)     (C)              (A)     (B)      (C)
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                             CUSIP    MARKET VALUE PRINCIPAL       AS DEF. SHARED   SEE
NAME OF ISSUER               TITLE OF CLASS  NUMBER      ($000)     AMOUNT   SOLE INSTR. V OTHER  INSTR.V    SOLE   SHARED    NONE
------------------------------------------------------------------------------------------------------------------------------------
                                                                                          
COCA COLA ENTERPRISES INC    COM            191219104     3,767     173,445   X                                              173,445
COLGATE PALMOLIVE CO         COM            194162103    11,384     217,121   X                                              217,121
COLUMBIA SPORTSWEAR CO       COM            198516106     2,157      48,568   X                                               48,568
COMCAST CORP NEW             CL A           20030N101    20,352     863,490   X                                              863,490
COMCAST CORP NEW             CL A SPL       20030N200     2,889     127,900   X                                              127,900
COMERICA INC                 COM            200340107     5,478     126,683   X                                              126,683
COMMERCE BANCORP INC NJ      COM            200519106     3,329      77,075   X                                               77,075
COMMERCE BANCSHARES INC      COM            200525103     1,323      33,680   X                                               33,680
COMMERCIAL FEDERAL CORPORATI COM            201647104       325      13,900   X                                               13,900
COMPASS BANCSHARES INC       COM            20449H109       878      28,087   X                                               28,087
COMPUTER ASSOC INTL INC      COM            204912109     1,824     135,147   X                                              135,147
COMPUTER SCIENCES CORP       COM            205363104     1,790      51,948   X                                               51,948
COMPUWARE CORP               COM            205638109       431      89,703   X                                               89,703
COMVERSE TECHNOLOGY INC      COM PAR $0.10  205862402       578      57,733   X                                               57,733
CONAGRA FOODS INC            COM            205887102     6,640     265,508   X                                              265,508
CONCORD EFS INC              COM            206197105     4,571     290,415   X                                              290,415
CONEXANT SYSTEMS INC         COM            207142100        59      36,723   X                                               36,723
CONNECTICUT BANCSHARES INC   COM            207540105     1,346      35,000   X                                               35,000
CONOCOPHILLIPS               COM            20825C104    26,351     544,562   X                                              544,562
CONSOLIDATED EDISON INC      COM            209115104     4,550     106,253   X                                              106,253
CONSTELLATION BRANDS INC     CL A           21036P108     2,055      86,681   X                                               86,681
CONSTELLATION ENERGY GROUP I COM            210371100     1,894      68,071   X                                               68,071
CONVERGYS CORP               COM            212485106     1,125      74,256   X                                               74,256
COOPER CAMERON CORP          COM            216640102     3,695      74,163   X                                               74,163
COOPER TIRE & RUBR CO        COM            216831107       463      30,164   X                                               30,164
COORS ADOLPH CO              CL B           217016104     4,918      80,296   X                                               80,296
COPART INC                   COM            217204106       176      14,889   X                                               14,889
CORNING INC                  COM            219350105     1,163     351,335   X                                              351,335
COSTCO WHSL CORP NEW         COM            22160K105     4,181     148,990   X                                              148,990
COUNTRYWIDE FINANCIAL CORP   COM            222372104     7,927     153,485   X                                              153,485
COVANCE INC                  COM            222816100       327      13,300   X                                               13,300
COVENTRY HEALTH CARE INC     COM            222862104     1,939      66,792   X                                               66,792
COX COMMUNICATIONS INC NEW   CL A           224044107       525      18,502   X                                               18,502
COX RADIO INC                CL A           224051102     1,846      80,938   X                                               80,938
CRANE CO                     COM            224399105       366      18,376   X                                               18,376
CUMMINS INC                  COM            231021106       201       7,144   X                                                7,144
CYMER INC                    COM            232572107       516      15,995   X                                               15,995
CYPRESS SEMICONDUCTOR CORP   COM            232806109       180      31,503   X                                               31,503
CYTYC CORP                   COM            232946103       471      46,154   X                                               46,154
D R HORTON INC               COM            23331A109       338      19,499   X                                               19,499
DST SYS INC DEL              COM            233326107     1,572      44,232   X                                               44,232
DTE ENERGY CO                COM            233331107    15,596     336,130   X                                              336,130
DANA CORP                    COM            235811106       320      27,179   X                                               27,179
DANAHER CORP DEL             COM            235851102     4,650      70,783   X                                               70,783
DARDEN RESTAURANTS INC       COM            237194105     1,284      62,798   X                                               62,798
DAVITA INC                   COM            23918K108       735      29,813   X                                               29,813
DEAN FOODS CO NEW            COM            242370104     5,565     149,992   X                                              149,992
DEERE & CO                   COM            244199105     5,575     121,598   X                                              121,598
DEL MONTE FOODS CO           COM            24522P103       315      40,878   X                                               40,878
DELL COMPUTER CORP           COM            247025109    59,255   2,215,956   X                                            2,215,956
DELPHI CORP                  COM            247126105       826     102,626   X                                              102,626
DELTA AIR LINES INC DEL      COM            247361108       273      22,551   X                                               22,551
DENBURY RES INC              COM NEW        247916208       410      36,300   X                                               36,300
DELUXE CORP                  COM            248019101     3,992      94,811   X                                               94,811


                                       5




                                                 VERIZON INVESTMENT MANAGEMENT CORP.
                                               FORM 13F - SOLE INSTR V. NONE AUTHORITY
                                                          DECEMBER 31, 2002

       ITEM 1:                   ITEM 2:     ITEM 3:    ITEM 4:     ITEM 5:        ITEM 6:         ITEM 7:           ITEM 8:

                                                                              INV. DISCRETION                VOTING AUTHORITY SHARES
                                                                             (A)    (B)     (C)              (A)     (B)      (C)
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                             CUSIP    MARKET VALUE PRINCIPAL       AS DEF. SHARED   SEE
NAME OF ISSUER               TITLE OF CLASS  NUMBER      ($000)     AMOUNT   SOLE INSTR. V OTHER  INSTR.V    SOLE   SHARED    NONE
------------------------------------------------------------------------------------------------------------------------------------
                                                                                          
DENTSPLY INTL INC NEW        COM            249030107     1,663      44,709   X                                               44,709
DEVON ENERGY CORP NEW        COM            25179M103     5,324     115,981   X                                              115,981
DEVRY INC DEL                COM            251893103       213      12,809   X                                               12,809
DIAGEO P L C                 SPON ADR NEW   25243Q205       329       7,500   X                                                7,500
DIAL CORP NEW                COM            25247D101     2,383     116,969   X                                              116,969
DIAMOND OFFSHORE DRILLING IN COM            25271C102       478      21,863   X                                               21,863
DIEBOLD INC                  COM            253651103     4,047      98,192   X                                               98,192
DILLARDS INC                 CL A           254067101       526      33,159   X                                               33,159
DISNEY WALT CO               COM DISNEY     254687106    20,917   1,282,450   X                                            1,282,450
DOCUCORP INTL INC            COM            255911109       152      23,000   X                                               23,000
DOLE FOOD INC                COM            256605106       937      28,760   X                                               28,760
DOLLAR GEN CORP              COM            256669102     1,234     103,243   X                                              103,243
DOLLAR TREE STORES INC       COM            256747106       621      25,289   X                                               25,289
DOMINION RES INC VA NEW      COM            25746U109     6,111     111,308   X                                              111,308
DONALDSON INC                COM            257651109     1,781      49,480   X                                               49,480
DONNELLEY R R & SONS CO      COM            257867101       495      22,717   X                                               22,717
DORAL FINL CORP              COM            25811P100     3,349     117,095   X                                              117,095
DOUBLECLICK INC              COM            258609304       108      19,000   X                                               19,000
DOVER CORP                   COM            260003108     1,632      55,955   X                                               55,955
DOW CHEM CO                  COM            260543103    19,455     655,040   X                                              655,040
DOW JONES & CO INC           COM            260561105       798      18,466   X                                               18,466
DREYERS GRAND ICE CREAM INC  COM            261878102       299       4,207   X                                                4,207
DU PONT E I DE NEMOURS & CO  COM            263534109    22,710     535,625   X                                              535,625
DUKE ENERGY CORP             COM            264399106     7,075     362,083   X                                              362,083
DUKE REALTY CORP             COM NEW        264411505       784      30,795   X                                               30,795
DUN & BRADSTREET CORP DEL NE COM            26483E100     2,003      58,068   X                                               58,068
DYNEGY INC NEW               CL A           26816Q101        87      73,954   X                                               73,954
E M C CORP MASS              COM            268648102     5,705     929,155   X                                              929,155
ENSCO INTL INC               COM            26874Q100     2,918      99,075   X                                               99,075
ENI S P A                    SPONSORED ADR  26874R108       950      12,100   X                                               12,100
EOG RES INC                  COM            26875P101     1,839      46,059   X                                               46,059
E TRADE GROUP INC            COM            269246104       306      62,964   X                                               62,964
EASTMAN CHEM CO              COM            277432100     3,729     101,418   X                                              101,418
EASTMAN KODAK CO             COM            277461109     9,039     257,974   X                                              257,974
EATON CORP                   COM            278058102     5,034      64,450   X                                               64,450
EATON VANCE CORP             COM NON VTG    278265103       662      23,445   X                                               23,445
EBAY INC                     COM            278642103    13,566     200,024   X                                              200,024
ECHOSTAR COMMUNICATIONS NEW  CL A           278762109     1,648      74,020   X                                               74,020
ECOLAB INC                   COM            278865100     5,098     102,998   X                                              102,998
EDISON INTL                  COM            281020107     2,525     213,117   X                                              213,117
EDUCATION MGMT CORP          COM            28139T101       208       5,524   X                                                5,524
J D EDWARDS & CO             COM            281667105       545      48,276   X                                               48,276
EDWARDS LIFESCIENCES CORP    COM            28176E108       264      10,360   X                                               10,360
EDWARDS AG INC               COM            281760108     2,370      71,919   X                                               71,919
EL PASO CORP                 COM            28336L109     2,090     300,302   X                                              300,302
ELECTRONIC ARTS INC          COM            285512109     5,519     110,895   X                                              110,895
ELECTRONIC DATA SYS NEW      COM            285661104     4,011     217,629   X                                              217,629
EMERSON ELEC CO              COM            291011104    11,441     224,998   X                                              224,998
EMULEX CORP                  COM NEW        292475209       348      18,755   X                                               18,755
ENERGEN CORP                 COM            29265N108       783      26,900   X                                               26,900
ENERGY EAST CORP             COM            29266M109     1,450      65,629   X                                               65,629
ENERGIZER HLDGS INC          COM            29266R108     2,356      84,460   X                                               84,460
ENGELHARD CORP               COM            292845104     1,492      66,740   X                                               66,740
ENGINEERED SUPPORT SYS INC   COM            292866100     3,303      90,100   X                                               90,100


                                       6




                                                 VERIZON INVESTMENT MANAGEMENT CORP.
                                               FORM 13F - SOLE INSTR V. NONE AUTHORITY
                                                          DECEMBER 31, 2002

       ITEM 1:                   ITEM 2:     ITEM 3:    ITEM 4:     ITEM 5:        ITEM 6:         ITEM 7:           ITEM 8:

                                                                              INV. DISCRETION                VOTING AUTHORITY SHARES
                                                                             (A)    (B)     (C)              (A)     (B)      (C)
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                             CUSIP    MARKET VALUE PRINCIPAL       AS DEF. SHARED   SEE
NAME OF ISSUER               TITLE OF CLASS  NUMBER      ($000)     AMOUNT   SOLE INSTR. V OTHER  INSTR.V    SOLE   SHARED    NONE
------------------------------------------------------------------------------------------------------------------------------------
                                                                                          
ENTERCOM COMMUNICATIONS CORP CL A           293639100     3,316      70,667   X                                               70,667
ENTERGY CORP NEW             COM            29364G103     7,644     167,677   X                                              167,677
EQUIFAX INC                  COM            294429105     1,895      81,881   X                                               81,881
EQUITABLE RES INC            COM            294549100     2,396      68,366   X                                               68,366
EQUITY OFFICE PROPERTIES TRU COM            294741103     8,709     348,643   X                                              348,643
EQUITY RESIDENTIAL           SH BEN INT     29476L107     2,164      88,023   X                                               88,023
ERIE INDTY CO                CL A           29530P102       798      22,002   X                                               22,002
EXELON CORP                  COM            30161N101     4,336      82,173   X                                               82,173
EXPEDIA INC                  CL A           302125109     1,249      18,661   X                                               18,661
EXPEDITORS INTL WASH INC     COM            302130109     2,054      62,918   X                                               62,918
EXPRESS SCRIPTS INC          COM            302182100     1,602      33,355   X                                               33,355
EXXON MOBIL CORP             COM            30231G102   145,992   4,178,371   X                                            4,178,371
FLIR SYS INC                 COM            302445101       312       6,400   X                                                6,400
FPL GROUP INC                COM            302571104     5,435      90,383   X                                               90,383
FAIR ISAAC & CO INC          COM            303250104       478      11,197   X                                               11,197
FAIRCHILD SEMICONDUCTOR INTL CL A           303726103       784      73,190   X                                               73,190
FAMILY DLR STORES INC        COM            307000109     3,314     106,193   X                                              106,193
FASTENAL CO                  COM            311900104     1,068      28,551   X                                               28,551
FEDERAL HOME LN MTG CORP     COM            313400301    32,414     548,931   X                                              548,931
FEDERAL NATL MTG ASSN        COM            313586109    50,967     792,278   X                                              792,278
FEDERATED DEPT STORES INC DE COM            31410H101     3,509     121,996   X                                              121,996
FEDERATED INVS INC PA        CL B           314211103     1,032      40,691   X                                               40,691
FEDEX CORP                   COM            31428X106     9,123     168,261   X                                              168,261
FERRO CORP                   COM            315405100     1,043      42,700   X                                               42,700
FIDELITY NATL FINL INC       COM            316326107       733      22,334   X                                               22,334
FIFTH THIRD BANCORP          COM            316773100    16,708     285,356   X                                              285,356
FIRST AMERN CORP CALIF       COM            318522307       414      18,660   X                                               18,660
FIRST DATA CORP              COM            319963104    23,016     649,977   X                                              649,977
FIRST INDUSTRIAL REALTY TRUS COM            32054K103       417      14,903   X                                               14,903
FIRST HEALTH GROUP CORP      COM            320960107       549      22,550   X                                               22,550
FIRST TENN NATL CORP         COM            337162101     9,199     255,947   X                                              255,947
FISERV INC                   COM            337738108     3,851     113,440   X                                              113,440
FLAGSTAR BANCORP INC         COM            337930101       516      23,900   X                                               23,900
FIRSTENERGY CORP             COM            337932107     7,204     218,505   X                                              218,505
FISHER SCIENTIFIC INTL INC   COM NEW        338032204       365      12,143   X                                               12,143
FLEETBOSTON FINL CORP        COM            339030108    16,104     662,716   X                                              662,716
FLUOR CORP NEW               COM            343412102       473      16,881   X                                               16,881
FLOWSERVE CORP               COM            34354P105       499      33,754   X                                               33,754
FOOT LOCKER INC              COM            344849104       182      17,287   X                                               17,287
FORD MTR CO DEL              COM PAR $0.01  345370860     6,148     661,050   X                                              661,050
FOREST LABS INC              COM            345838106    18,572     189,081   X                                              189,081
FORTUNE BRANDS INC           COM            349631101     6,649     142,964   X                                              142,964
FOX ENTMT GROUP INC          CL A           35138T107     4,783     184,475   X                                              184,475
FRANKLIN RES INC             COM            354613101     1,871      54,898   X                                               54,898
FREEPORT-MCMORAN COPPER & GO CL B           35671D857       943      56,176   X                                               56,176
FURNITURE BRANDS INTL INC    COM            360921100       200       8,406   X                                                8,406
GALLAGHER ARTHUR J & CO      COM            363576109     1,707      58,109   X                                               58,109
GALLAHER GROUP PLC           SPONSORED ADR  363595109     1,321      33,700   X                                               33,700
GANNETT INC                  COM            364730101    14,672     204,348   X                                              204,348
GAP INC DEL                  COM            364760108     4,847     312,296   X                                              312,296
GATEWAY INC                  COM            367626108       158      50,306   X                                               50,306
GEMSTAR-TV GUIDE INTL INC    COM            36866W106       104      31,987   X                                               31,987
GENENTECH INC                COM NEW        368710406     1,518      45,791   X                                               45,791
GENERAL DYNAMICS CORP        COM            369550108     6,942      87,470   X                                               87,470


                                       7




                                                 VERIZON INVESTMENT MANAGEMENT CORP.
                                               FORM 13F - SOLE INSTR V. NONE AUTHORITY
                                                          DECEMBER 31, 2002

       ITEM 1:                   ITEM 2:     ITEM 3:    ITEM 4:     ITEM 5:        ITEM 6:         ITEM 7:           ITEM 8:

                                                                              INV. DISCRETION                VOTING AUTHORITY SHARES
                                                                             (A)    (B)     (C)              (A)     (B)      (C)
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                             CUSIP    MARKET VALUE PRINCIPAL       AS DEF. SHARED   SEE
NAME OF ISSUER               TITLE OF CLASS  NUMBER      ($000)     AMOUNT   SOLE INSTR. V OTHER  INSTR.V    SOLE   SHARED    NONE
------------------------------------------------------------------------------------------------------------------------------------
                                                                                          
GENERAL ELEC CO              COM            369604103   172,127   7,068,870   X                                            7,068,870
GENERAL GROWTH PPTYS INC     COM            370021107     2,147      41,293   X                                               41,293
GENERAL MLS INC              COM            370334104     6,285     133,860   X                                              133,860
GENERAL MTRS CORP            COM            370442105    19,030     516,274   X                                              516,274
GENERAL MTRS CORP            CL H NEW       370442832     1,466     137,011   X                                              137,011
GENTEX CORP                  COM            371901109       531      16,778   X                                               16,778
GENUINE PARTS CO             COM            372460105     3,014      97,844   X                                               97,844
GENZYME CORP                 COM GENL DIV   372917104     1,992      67,375   X                                               67,375
GEORGIA PAC CORP             COM            373298108     2,593     160,464   X                                              160,464
GILEAD SCIENCES INC          COM            375558103     4,863     143,033   X                                              143,033
GILLETTE CO                  COM            375766102    10,538     347,107   X                                              347,107
GLOBAL PMTS INC              COM            37940X102       300       9,363   X                                                9,363
GOLDEN WEST FINL CORP DEL    COM            381317106    11,254     156,723   X                                              156,723
GOLDMAN SACHS GROUP INC      COM            38141G104    15,891     233,351   X                                              233,351
GOODRICH CORP                COM            382388106       398      21,707   X                                               21,707
GOODYEAR TIRE & RUBR CO      COM            382550101       195      28,584   X                                               28,584
GRACO INC                    COM            384109104       853      29,785   X                                               29,785
GRAINGER W W INC             COM            384802104     2,271      44,061   X                                               44,061
GRANT PRIDECO INC            COM            38821G101       313      26,896   X                                               26,896
GREAT LAKES CHEM CORP        COM            390568103     2,400     100,520   X                                              100,520
GREAT PLAINS ENERGY INC      COM            391164100     1,976      86,378   X                                               86,378
GREATER BAY BANCORP          COM            391648102       318      18,375   X                                               18,375
GREENPOINT FINL CORP         COM            395384100     2,557      56,595   X                                               56,595
GTECH HLDGS CORP             COM            400518106       484      17,389   X                                               17,389
GUIDANT CORP                 COM            401698105     6,411     207,812   X                                              207,812
HCA INC                      COM            404119109    15,375     370,489   X                                              370,489
HALLIBURTON CO               COM            406216101     4,695     250,947   X                                              250,947
HANCOCK JOHN FINL SVCS INC   COM            41014S106     1,502      53,848   X                                               53,848
HARLEY DAVIDSON INC          COM            412822108     9,053     195,954   X                                              195,954
HARMAN INTL INDS INC         COM            413086109     2,286      38,417   X                                               38,417
HARRAHS ENTMT INC            COM            413619107     3,628      91,619   X                                               91,619
HARRIS CORP DEL              COM            413875105       958      36,421   X                                               36,421
HARTE-HANKS INC              COM            416196103     1,070      57,304   X                                               57,304
HARTFORD FINL SVCS GROUP INC COM            416515104     3,577      78,745   X                                               78,745
HASBRO INC                   COM            418056107       342      29,645   X                                               29,645
HAWAIIAN ELEC INDUSTRIES     COM            419870100     3,048      69,306   X                                               69,306
HEALTH CARE PPTY INVS INC    COM            421915109     1,038      27,091   X                                               27,091
HEALTHSOUTH CORP             COM            421924101       321      76,408   X                                               76,408
HEALTH MGMT ASSOC INC NEW    CL A           421933102     1,489      83,165   X                                               83,165
HEALTH NET INC               COM            42222G108     1,683      63,743   X                                               63,743
HEINZ H J CO                 COM            423074103     3,009      91,531   X                                               91,531
HELMERICH & PAYNE INC        COM            423452101     1,656      59,345   X                                               59,345
HENRY JACK & ASSOC INC       COM            426281101       182      15,119   X                                               15,119
HERCULES INC                 COM            427056106       370      42,020   X                                               42,020
HERSHEY FOODS CORP           COM            427866108     3,793      56,247   X                                               56,247
HEWLETT PACKARD CO           COM            428236103    26,044   1,500,258   X                                            1,500,258
HIBERNIA CORP                CL A           428656102     1,099      57,069   X                                               57,069
HILLENBRAND INDS INC         COM            431573104     1,297      26,850   X                                               26,850
HILTON HOTELS CORP           COM            432848109     1,417     111,466   X                                              111,466
HISPANIC BROADCASTING CORP   CL A           43357B104       319      15,501   X                                               15,501
HOLLY CORP                   COM PAR $0.01  435758305       701      32,100   X                                               32,100
HOME DEPOT INC               COM            437076102    36,702   1,527,991   X                                            1,527,991
HON INDS INC                 COM            438092108       399      14,093   X                                               14,093
HONEYWELL INTL INC           COM            438516106     9,003     375,109   X                                              375,109


                                       8




                                                 VERIZON INVESTMENT MANAGEMENT CORP.
                                               FORM 13F - SOLE INSTR V. NONE AUTHORITY
                                                          DECEMBER 31, 2002

       ITEM 1:                   ITEM 2:     ITEM 3:    ITEM 4:     ITEM 5:        ITEM 6:         ITEM 7:           ITEM 8:

                                                                              INV. DISCRETION                VOTING AUTHORITY SHARES
                                                                             (A)    (B)     (C)              (A)     (B)      (C)
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                             CUSIP    MARKET VALUE PRINCIPAL       AS DEF. SHARED   SEE
NAME OF ISSUER               TITLE OF CLASS  NUMBER      ($000)     AMOUNT   SOLE INSTR. V OTHER  INSTR.V    SOLE   SHARED    NONE
------------------------------------------------------------------------------------------------------------------------------------
                                                                                          
HORMEL FOODS CORP            COM            440452100     1,270      54,456   X                                               54,456
HOST MARRIOTT CORP NEW       COM            44107P104       127      14,345   X                                               14,345
HOTELS COM                   COM            44147T108       654      11,971   X                                               11,971
HOUSEHOLD INTL INC           COM            441815107     3,397     122,141   X                                              122,141
HUBBELL INC                  CL B           443510201     1,278      36,383   X                                               36,383
HUDSON CITY BANCORP          COM            443683107     1,523      81,743   X                                               81,743
HUDSON UNITED BANCORP        COM            444165104     1,456      46,819   X                                               46,819
HUMANA INC                   COM            444859102       309      30,895   X                                               30,895
HUMAN GENOME SCIENCES INC    COM            444903108       313      35,474   X                                               35,474
HUNTINGTON BANCSHARES INC    COM            446150104       856      45,763   X                                               45,763
IDT CORP                     COM            448947101       179      10,331   X                                               10,331
IDEC PHARMACEUTICALS CORP    COM            449370105     2,598      78,338   X                                               78,338
IMS HEALTH INC               COM            449934108     1,636     102,263   X                                              102,263
ITT INDS INC IND             COM            450911102     9,465     155,954   X                                              155,954
IKON OFFICE SOLUTIONS INC    COM            451713101       381      53,284   X                                               53,284
ILLINOIS TOOL WKS INC        COM            452308109     7,473     115,220   X                                              115,220
IMATION CORP                 COM            45245A107       488      13,900   X                                               13,900
INCO LTD                     COM            453258402       382      18,000   X                                               18,000
INDEPENDENCE CMNTY BK CORP   COM            453414104     1,057      41,659   X                                               41,659
INGRAM MICRO INC             CL A           457153104       524      42,402   X                                               42,402
INTEGRATED CIRCUIT SYS INC   COM            45811K208       914      50,056   X                                               50,056
INTEGRATED DEVICE TECHNOLOGY COM            458118106       266      31,740   X                                               31,740
INTEL CORP                   COM            458140100    81,381   5,226,785   X                                            5,226,785
INTER TEL INC                COM            458372109       581      27,800   X                                               27,800
INTERACTIVE DATA CORP        COM            45840J107       787      57,206   X                                               57,206
INTERNATIONAL BUSINESS MACHS COM            459200101    95,687   1,234,677   X                                            1,234,677
INTERNATIONAL FLAVORS&FRAGRA COM            459506101     1,987      56,598   X                                               56,598
INTERNATIONAL GAME TECHNOLOG COM            459902102     5,442      71,679   X                                               71,679
INTL PAPER CO                COM            460146103     8,996     257,238   X                                              257,238
INTERNATIONAL RECTIFIER CORP COM            460254105       779      42,201   X                                               42,201
INTERSIL CORP                CL A           46069S109       653      46,875   X                                               46,875
INTERPUBLIC GROUP COS INC    COM            460690100     1,850     131,418   X                                              131,418
INTUIT                       COM            461202103     5,251     111,909   X                                              111,909
INVESTMENT TECHNOLOGY GRP NE COM            46145F105       359      16,066   X                                               16,066
INVITROGEN CORP              COM            46185R100       218       6,961   X                                                6,961
INVESTORS FINL SERVICES CORP COM            461915100       391      14,291   X                                               14,291
IOMEGA CORP                  COM NEW        462030305       499      63,600   X                                               63,600
IRON MTN INC PA              COM            462846106       651      19,730   X                                               19,730
ISHARES TR                   RUSSELL1000VAL 464287598     1,266      27,598   X                                               27,598
ISHARES TR                   RUSSELL1000GRW 464287614     1,272      34,974   X                                               34,974
I2 TECHNOLOGIES INC          COM            465754109        49      42,324   X                                               42,324
IVAX CORP                    COM            465823102       707      58,261   X                                               58,261
JDS UNIPHASE CORP            COM            46612J101     1,666     674,381   X                                              674,381
J P MORGAN CHASE & CO        COM            46625H100    22,742     947,576   X                                              947,576
JABIL CIRCUIT INC            COM            466313103     1,682      93,876   X                                               93,876
JACOBS ENGR GROUP INC DEL    COM            469814107     2,892      81,246   X                                               81,246
JEFFERSON PILOT CORP         COM            475070108     1,049      27,518   X                                               27,518
JETBLUE AWYS CORP            COM            477143101       822      30,461   X                                               30,461
JOHN NUVEEN CO               CL A           478035108     3,038     119,855   X                                              119,855
JOHNSON & JOHNSON            COM            478160104   133,756   2,490,346   X                                            2,490,346
JOHNSON CTLS INC             COM            478366107    15,842     197,611   X                                              197,611
JONES APPAREL GROUP INC      COM            480074103     9,283     261,949   X                                              261,949
JUNIPER NETWORKS INC         COM            48203R104       466      68,534   X                                               68,534
KLA-TENCOR CORP              COM            482480100     4,655     131,600   X                                              131,600


                                       9




                                                 VERIZON INVESTMENT MANAGEMENT CORP.
                                               FORM 13F - SOLE INSTR V. NONE AUTHORITY
                                                          DECEMBER 31, 2002

       ITEM 1:                   ITEM 2:     ITEM 3:    ITEM 4:     ITEM 5:        ITEM 6:         ITEM 7:           ITEM 8:

                                                                              INV. DISCRETION                VOTING AUTHORITY SHARES
                                                                             (A)    (B)     (C)              (A)     (B)      (C)
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                             CUSIP    MARKET VALUE PRINCIPAL       AS DEF. SHARED   SEE
NAME OF ISSUER               TITLE OF CLASS  NUMBER      ($000)     AMOUNT   SOLE INSTR. V OTHER  INSTR.V    SOLE   SHARED    NONE
------------------------------------------------------------------------------------------------------------------------------------
                                                                                          
KB HOME                      COM            48666K109     1,449      33,813   X                                               33,813
KELLOGG CO                   COM            487836108     3,973     115,938   X                                              115,938
KERR MCGEE CORP              COM            492386107       910      20,536   X                                               20,536
KEYCORP NEW                  COM            493267108     9,430     375,114   X                                              375,114
KEYSPAN CORP                 COM            49337W100     1,731      49,133   X                                               49,133
KIMBERLY CLARK CORP          COM            494368103     7,802     164,358   X                                              164,358
KIMCO REALTY CORP            COM            49446R109       876      28,594   X                                               28,594
KINDER MORGAN INC KANS       COM            49455P101     2,400      56,783   X                                               56,783
KING PHARMACEUTICALS INC     COM            495582108     1,641      95,481   X                                               95,481
KNIGHT RIDDER INC            COM            499040103     6,239      98,647   X                                               98,647
KOHLS CORP                   COM            500255104    16,018     286,294   X                                              286,294
KRAFT FOODS INC              CL A           50075N104     9,023     231,763   X                                              231,763
KRISPY KREME DOUGHNUTS INC   COM            501014104       727      21,541   X                                               21,541
KROGER CO                    COM            501044101     5,950     385,145   X                                              385,145
KRONOS INC                   COM            501052104       707      19,100   X                                               19,100
LNR PPTY CORP                COM            501940100       977      27,600   X                                               27,600
LSI LOGIC CORP               COM            502161102       563      97,636   X                                               97,636
L-3 COMMUNICATIONS HLDGS INC COM            502424104     3,856      85,856   X                                               85,856
LABORATORY CORP AMER HLDGS   COM NEW        50540R409       843      36,282   X                                               36,282
LAFARGE NORTH AMERICA INC    COM            505862102       697      21,227   X                                               21,227
LAM RESEARCH CORP            COM            512807108       696      64,433   X                                               64,433
LAMAR ADVERTISING CO         CL A           512815101       839      24,933   X                                               24,933
LANCASTER COLONY CORP        COM            513847103     1,525      39,022   X                                               39,022
LANDAUER INC                 COM            51476K103     1,143      32,900   X                                               32,900
LANDAMERICA FINL GROUP INC   COM            514936103       837      23,600   X                                               23,600
LAUDER ESTEE COS INC         CL A           518439104       494      18,698   X                                               18,698
LEAR CORP                    COM            521865105     1,980      59,482   X                                               59,482
LEGGETT & PLATT INC          COM            524660107     1,031      45,965   X                                               45,965
LEGG MASON INC               COM            524901105     5,825     120,005   X                                              120,005
LEHMAN BROS HLDGS INC        COM            524908100    13,591     255,039   X                                              255,039
LEUCADIA NATL CORP           COM            527288104     2,365      63,398   X                                               63,398
LEVEL 3 COMMUNICATIONS INC   COM            52729N100       441      90,019   X                                               90,019
LEXMARK INTL NEW             CL A           529771107     7,409     122,455   X                                              122,455
LIBERTY CORP S C             COM            530370105       357       9,200   X                                                9,200
LIBERTY MEDIA CORP NEW       COM SER A      530718105     7,693     860,553   X                                              860,553
LIFEPOINT HOSPITALS INC      COM            53219L109       263       8,801   X                                                8,801
LILLY ELI & CO               COM            532457108    37,699     593,684   X                                              593,684
LIMITED BRANDS INC           COM            532716107     1,796     128,958   X                                              128,958
LINCARE HLDGS INC            COM            532791100     1,285      40,647   X                                               40,647
LINCOLN NATL CORP IND        COM            534187109     1,301      41,208   X                                               41,208
LINEAR TECHNOLOGY CORP       COM            535678106     6,691     260,149   X                                              260,149
LIZ CLAIBORNE INC            COM            539320101     2,265      76,402   X                                               76,402
LOCKHEED MARTIN CORP         COM            539830109    17,311     299,763   X                                              299,763
LOEWS CORP                   COM            540424108     5,555     124,935   X                                              124,935
LOUISIANA PAC CORP           COM            546347105       103      12,738   X                                               12,738
LOWES COS INC                COM            548661107    23,852     636,054   X                                              636,054
LUCENT TECHNOLOGIES INC      COM            549463107     2,524   2,002,901   X                                            2,002,901
LYONDELL CHEMICAL CO         COM            552078107       600      47,474   X                                               47,474
M & T BK CORP                COM            55261F104     3,826      48,220   X                                               48,220
MBIA INC                     COM            55262C100     1,814      41,370   X                                               41,370
MBNA CORP                    COM            55262L100    13,756     723,221   X                                              723,221
MGIC INVT CORP WIS           COM            552848103     2,067      50,037   X                                               50,037
MTS SYS CORP                 COM            553777103       111      11,100   X                                               11,100
MACK CALI RLTY CORP          COM            554489104     1,540      50,813   X                                               50,813


                                       10




                                                 VERIZON INVESTMENT MANAGEMENT CORP.
                                               FORM 13F - SOLE INSTR V. NONE AUTHORITY
                                                          DECEMBER 31, 2002

       ITEM 1:                   ITEM 2:     ITEM 3:    ITEM 4:     ITEM 5:        ITEM 6:         ITEM 7:           ITEM 8:

                                                                              INV. DISCRETION                VOTING AUTHORITY SHARES
                                                                             (A)    (B)     (C)              (A)     (B)      (C)
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                             CUSIP    MARKET VALUE PRINCIPAL       AS DEF. SHARED   SEE
NAME OF ISSUER               TITLE OF CLASS  NUMBER      ($000)     AMOUNT   SOLE INSTR. V OTHER  INSTR.V    SOLE   SHARED    NONE
------------------------------------------------------------------------------------------------------------------------------------
                                                                                          
MACROMEDIA INC               COM            556100105       120      11,241   X                                               11,241
MANDALAY RESORT GROUP        COM            562567107       567      18,539   X                                               18,539
MANOR CARE INC NEW           COM            564055101       586      31,485   X                                               31,485
MANPOWER INC                 COM            56418H100       774      24,252   X                                               24,252
MARATHON OIL CORP            COM            565849106     4,755     223,329   X                                              223,329
MARSH & MCLENNAN COS INC     COM            571748102    12,650     273,742   X                                              273,742
MARSHALL & ILSLEY CORP       COM            571834100     1,218      44,468   X                                               44,468
MARRIOTT INTL INC NEW        CL A           571903202     2,412      73,384   X                                               73,384
MASCO CORP                   COM            574599106     3,173     150,759   X                                              150,759
MATTEL INC                   COM            577081102     6,640     346,740   X                                              346,740
MAXIM INTEGRATED PRODS INC   COM            57772K101    11,123     336,645   X                                              336,645
MAY DEPT STORES CO           COM            577778103     1,206      52,470   X                                               52,470
MAYTAG CORP                  COM            578592107       760      26,679   X                                               26,679
MCCLATCHY CO                 CL A           579489105     1,323      23,320   X                                               23,320
MCCORMICK & CO INC           COM NON VTG    579780206     1,003      43,218   X                                               43,218
MCDONALDS CORP               COM            580135101     7,257     451,296   X                                              451,296
MCGRAW HILL COS INC          COM            580645109     4,836      80,020   X                                               80,020
MCKESSON CORP                COM            58155Q103     2,952     109,215   X                                              109,215
MEADWESTVACO CORP            COM            583334107     3,314     134,133   X                                              134,133
MEDIA GEN INC                CL A           584404107     1,179      19,673   X                                               19,673
MEDICIS PHARMACEUTICAL CORP  CL A NEW       584690309       286       5,768   X                                                5,768
MEDIMMUNE INC                COM            584699102     3,138     115,498   X                                              115,498
MEDTRONIC INC                COM            585055106    28,838     632,422   X                                              632,422
MELLON FINL CORP             COM            58551A108     3,481     133,318   X                                              133,318
MERCK & CO INC               COM            589331107    93,784   1,656,675   X                                            1,656,675
MERCURY INTERACTIVE CORP     COM            589405109     1,082      36,501   X                                               36,501
MEREDITH CORP                COM            589433101       599      14,565   X                                               14,565
MERRILL LYNCH & CO INC       COM            590188108    20,255     533,735   X                                              533,735
METLIFE INC                  COM            59156R108     4,974     183,963   X                                              183,963
METRO GOLDWYN MAYER INC      COM            591610100       334      25,670   X                                               25,670
METTLER TOLEDO INTERNATIONAL COM            592688105       252       7,852   X                                                7,852
MICHAELS STORES INC          COM            594087108       461      14,735   X                                               14,735
MICREL INC                   COM            594793101       125      13,910   X                                               13,910
MICROSOFT CORP               COM            594918104   193,663   3,745,905   X                                            3,745,905
MICROCHIP TECHNOLOGY INC     COM            595017104     4,348     177,848   X                                              177,848
MICRON TECHNOLOGY INC        COM            595112103     1,499     153,859   X                                              153,859
MID ATLANTIC MED SVCS INC    COM            59523C107       593      18,310   X                                               18,310
MILLENNIUM PHARMACEUTICALS I COM            599902103       342      43,084   X                                               43,084
MILLER HERMAN INC            COM            600544100       313      16,988   X                                               16,988
MILLIPORE CORP               COM            601073109       564      16,588   X                                               16,588
MIRANT CORP                  COM            604675108       157      83,976   X                                               83,976
MODINE MFG CO                COM            607828100       281      15,900   X                                               15,900
MOHAWK INDS INC              COM            608190104     1,728      30,347   X                                               30,347
MOLEX INC                    COM            608554101     1,145      49,717   X                                               49,717
MONSANTO CO NEW              COM            61166W101     4,180     217,150   X                                              217,150
MOODYS CORP                  COM            615369105     3,840      92,999   X                                               92,999
MOOG INC                     CL A           615394202       394      12,700   X                                               12,700
MORGAN STANLEY               COM NEW        617446448    25,323     634,341   X                                              634,341
MOTOROLA INC                 COM            620076109    12,141   1,403,582   X                                            1,403,582
MURPHY OIL CORP              COM            626717102     4,324     100,900   X                                              100,900
MYLAN LABS INC               COM            628530107     5,112     146,464   X                                              146,464
NCR CORP NEW                 COM            62886E108     1,331      56,055   X                                               56,055
NVR INC                      COM            62944T105     4,145      12,695   X                                               12,695
NATIONAL CITY CORP           COM            635405103    14,617     535,029   X                                              535,029


                                       11




                                                 VERIZON INVESTMENT MANAGEMENT CORP.
                                               FORM 13F - SOLE INSTR V. NONE AUTHORITY
                                                          DECEMBER 31, 2002

       ITEM 1:                   ITEM 2:     ITEM 3:    ITEM 4:     ITEM 5:        ITEM 6:         ITEM 7:           ITEM 8:

                                                                              INV. DISCRETION                VOTING AUTHORITY SHARES
                                                                             (A)    (B)     (C)              (A)     (B)      (C)
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                             CUSIP    MARKET VALUE PRINCIPAL       AS DEF. SHARED   SEE
NAME OF ISSUER               TITLE OF CLASS  NUMBER      ($000)     AMOUNT   SOLE INSTR. V OTHER  INSTR.V    SOLE   SHARED    NONE
------------------------------------------------------------------------------------------------------------------------------------
                                                                                          
NATIONAL COMMERCE FINL CORP  COM            63545P104       300      12,590   X                                               12,590
NATIONAL GRID TRANSCO PLC    SPONSORED ADR  636274102       512      13,915   X                                               13,915
NATIONAL HEALTH INVS INC     COM            63633D104       425      26,400   X                                               26,400
NATIONAL INSTRS CORP         COM            636518102       212       6,529   X                                                6,529
NATIONAL-OILWELL INC         COM            637071101       291      13,320   X                                               13,320
NATIONAL SEMICONDUCTOR CORP  COM            637640103       908      60,488   X                                               60,488
NATIONWIDE HEALTH PPTYS INC  COM            638620104       281      18,800   X                                               18,800
NAVISTAR INTL CORP NEW       COM            63934E108       844      34,704   X                                               34,704
NEOWARE SYS INC              COM            64065P102       307      20,600   X                                               20,600
NETWORKS ASSOCS INC          COM            640938106       959      59,624   X                                               59,624
NETWORK APPLIANCE INC        COM            64120L104     1,358     135,843   X                                              135,843
NEUBERGER BERMAN INC         COM            641234109       574      17,138   X                                               17,138
NEW CENTURY FINANCIAL CORP   COM            64352D101       599      23,600   X                                               23,600
NEW YORK CMNTY BANCORP INC   COM            649445103       356      12,321   X                                               12,321
NEW YORK TIMES CO            CL A           650111107     1,906      41,676   X                                               41,676
NEWELL RUBBERMAID INC        COM            651229106     2,526      83,284   X                                               83,284
NEWFIELD EXPL CO             COM            651290108       363      10,080   X                                               10,080
NEWMONT MINING CORP          COM            651639106     6,880     237,004   X                                              237,004
NEXTEL COMMUNICATIONS INC    CL A           65332V103     5,316     460,280   X                                              460,280
NICOR INC                    COM            654086107       278       8,170   X                                                8,170
NIKE INC                     CL B           654106103     2,566      57,709   X                                               57,709
99 CENTS ONLY STORES         COM            65440K106     1,140      42,455   X                                               42,455
NISOURCE INC                 COM            65473P105     1,479      73,973   X                                               73,973
NOKIA CORP                   SPONSORED ADR  654902204     4,900     316,100   X                                              316,100
NOBLE ENERGY INC             COM            655044105     1,455      38,746   X                                               38,746
NORDSTROM INC                COM            655664100       420      22,166   X                                               22,166
NORFOLK SOUTHERN CORP        COM            655844108     2,972     148,660   X                                              148,660
NORTEL NETWORKS CORP NEW     COM            656568102     1,499     931,028   X                                              931,028
NORTH FORK BANCORPORATION NY COM            659424105     3,834     113,631   X                                              113,631
NORTHERN TR CORP             COM            665859104     1,915      54,630   X                                               54,630
NORTHROP GRUMMAN CORP        COM            666807102    14,531     149,806   X                                              149,806
NOVELL INC                   COM            670006105       148      44,164   X                                               44,164
NOVELLUS SYS INC             COM            670008101     1,352      48,160   X                                               48,160
NSTAR                        COM            67019E107       632      14,236   X                                               14,236
NUCOR CORP                   COM            670346105     1,460      35,346   X                                               35,346
NVIDIA CORP                  COM            67066G104       730      63,444   X                                               63,444
OCCIDENTAL PETE CORP DEL     COM            674599105    11,028     387,630   X                                              387,630
OCEAN ENERGY INC DEL         COM            67481E106       974      48,751   X                                               48,751
OFFICE DEPOT INC             COM            676220106     1,767     119,741   X                                              119,741
OLD REP INTL CORP            COM            680223104       204       7,286   X                                                7,286
OMNICARE INC                 COM            681904108       299      12,562   X                                               12,562
OMNICOM GROUP INC            COM            681919106     8,063     124,819   X                                              124,819
OMNOVA SOLUTIONS INC         COM            682129101        84      20,800   X                                               20,800
ORACLE CORP                  COM            68389X105    35,628   3,298,895   X                                            3,298,895
O REILLY AUTOMOTIVE INC      COM            686091109       203       8,035   X                                                8,035
OUTBACK STEAKHOUSE INC       COM            689899102       301       8,726   X                                                8,726
OWENS ILL INC                COM NEW        690768403       493      33,783   X                                               33,783
OXFORD HEALTH PLANS INC      COM            691471106     1,998      54,825   X                                               54,825
PG&E CORP                    COM            69331C108     3,017     217,066   X                                              217,066
PMC-SIERRA INC               COM            69344F106       319      57,305   X                                               57,305
PMI GROUP INC                COM            69344M101     2,454      81,699   X                                               81,699
PNC FINL SVCS GROUP INC      COM            693475105     3,872      92,402   X                                               92,402
PPG INDS INC                 COM            693506107     2,825      56,328   X                                               56,328
PPL CORP                     COM            69351T106     2,893      83,432   X                                               83,432


                                       12




                                                 VERIZON INVESTMENT MANAGEMENT CORP.
                                               FORM 13F - SOLE INSTR V. NONE AUTHORITY
                                                          DECEMBER 31, 2002

       ITEM 1:                   ITEM 2:     ITEM 3:    ITEM 4:     ITEM 5:        ITEM 6:         ITEM 7:           ITEM 8:

                                                                              INV. DISCRETION                VOTING AUTHORITY SHARES
                                                                             (A)    (B)     (C)              (A)     (B)      (C)
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                             CUSIP    MARKET VALUE PRINCIPAL       AS DEF. SHARED   SEE
NAME OF ISSUER               TITLE OF CLASS  NUMBER      ($000)     AMOUNT   SOLE INSTR. V OTHER  INSTR.V    SOLE   SHARED    NONE
------------------------------------------------------------------------------------------------------------------------------------
                                                                                          
PACCAR INC                   COM            693718108     4,434      96,126   X                                               96,126
PACTIV CORP                  COM            695257105     1,414      64,690   X                                               64,690
PALL CORP                    COM            696429307       383      22,961   X                                               22,961
PARAMETRIC TECHNOLOGY CORP   COM            699173100        80      31,677   X                                               31,677
PARK PL ENTMT CORP           COM            700690100       139      16,573   X                                               16,573
PARKER HANNIFIN CORP         COM            701094104       991      21,483   X                                               21,483
PATINA OIL & GAS CORP        COM            703224105       919      29,050   X                                               29,050
PATTERSON DENTAL CO          COM            703412106     1,367      31,252   X                                               31,252
PATTERSON UTI ENERGY INC     COM            703481101     1,004      33,263   X                                               33,263
PAYCHEX INC                  COM            704326107     5,626     201,645   X                                              201,645
PEABODY ENERGY CORP          COM            704549104       379      12,983   X                                               12,983
PENNEY J C INC               COM            708160106     3,309     143,827   X                                              143,827
PENTAIR INC                  COM            709631105       335       9,701   X                                                9,701
PEOPLES ENERGY CORP          COM            711030106       250       6,480   X                                                6,480
PEOPLESOFT INC               COM            712713106     2,245     122,697   X                                              122,697
PEPSI BOTTLING GROUP INC     COM            713409100     5,663     220,358   X                                              220,358
PEPSIAMERICAS INC            COM            71343P200       844      62,871   X                                               62,871
PEPSICO INC                  COM            713448108    53,150   1,258,893   X                                            1,258,893
PERFORMANCE FOOD GROUP CO    COM            713755106     1,238      36,457   X                                               36,457
PERKINELMER INC              COM            714046109       243      29,444   X                                               29,444
PEROT SYS CORP               CL A           714265105       159      14,872   X                                               14,872
PETSMART INC                 COM            716768106       928      54,146   X                                               54,146
PFIZER INC                   COM            717081103   130,782   4,278,120   X                                            4,278,120
PHARMACEUTICAL PROD DEV INC  COM            717124101       836      28,568   X                                               28,568
PHARMACIA CORP               COM            71713U102    43,856   1,049,192   X                                            1,049,192
PHELPS DODGE CORP            COM            717265102       500      15,806   X                                               15,806
PHILIP MORRIS COS INC        COM            718154107    58,995   1,455,600   X                                            1,455,600
PIER 1 IMPORTS INC           COM            720279108       204      10,802   X                                               10,802
PINNACLE SYS INC             COM            723481107       521      38,300   X                                               38,300
PINNACLE WEST CAP CORP       COM            723484101     7,559     221,731   X                                              221,731
PIONEER NAT RES CO           COM            723787107       533      21,115   X                                               21,115
PITNEY BOWES INC             COM            724479100     2,207      67,569   X                                               67,569
PITTSTON CO                  COM BRINKS GRP 725701106       342      18,511   X                                               18,511
PIXAR                        COM            725811103     3,736      70,496   X                                               70,496
PLANTRONICS INC NEW          COM            727493108       530      35,000   X                                               35,000
PLUM CREEK TIMBER CO INC     COM            729251108       923      39,125   X                                               39,125
POGO PRODUCING CO            COM            730448107     2,523      67,734   X                                               67,734
POLARIS INDS INC             COM            731068102     1,256      21,430   X                                               21,430
POLYCOM INC                  COM            73172K104       188      19,697   X                                               19,697
POPULAR INC                  COM            733174106     2,012      59,534   X                                               59,534
PRAXAIR INC                  COM            74005P104     7,203     124,683   X                                              124,683
PRICE T ROWE GROUP INC       COM            74144T108     1,766      64,747   X                                               64,747
PRIDE INTL INC DEL           COM            74153Q102       235      15,805   X                                               15,805
PRINCIPAL FINANCIAL GROUP IN COM            74251V102     3,362     111,574   X                                              111,574
PROCTER & GAMBLE CO          COM            742718109    86,488   1,006,373   X                                            1,006,373
PROGRESS ENERGY INC          COM            743263105     4,879     112,540   X                                              112,540
PROGRESSIVE CORP OHIO        COM            743315103     8,555     172,371   X                                              172,371
PROLOGIS                     SH BEN INT     743410102       825      32,796   X                                               32,796
PROTECTIVE LIFE CORP         COM            743674103     1,211      43,989   X                                               43,989
PROVIDIAN FINL CORP          COM            74406A102       756     116,439   X                                              116,439
PRUDENTIAL FINL INC          COM            744320102     9,100     286,720   X                                              286,720
PUBLIC SVC ENTERPRISE GROUP  COM            744573106     2,274      70,855   X                                               70,855
PUBLIC STORAGE INC           COM            74460D109       222       6,858   X                                                6,858
PUGET ENERGY INC NEW         COM            745310102       514      23,329   X                                               23,329


                                       13




                                                 VERIZON INVESTMENT MANAGEMENT CORP.
                                               FORM 13F - SOLE INSTR V. NONE AUTHORITY
                                                          DECEMBER 31, 2002

       ITEM 1:                   ITEM 2:     ITEM 3:    ITEM 4:     ITEM 5:        ITEM 6:         ITEM 7:           ITEM 8:

                                                                              INV. DISCRETION                VOTING AUTHORITY SHARES
                                                                             (A)    (B)     (C)              (A)     (B)      (C)
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                             CUSIP    MARKET VALUE PRINCIPAL       AS DEF. SHARED   SEE
NAME OF ISSUER               TITLE OF CLASS  NUMBER      ($000)     AMOUNT   SOLE INSTR. V OTHER  INSTR.V    SOLE   SHARED    NONE
------------------------------------------------------------------------------------------------------------------------------------
                                                                                          
PULTE HOMES INC              COM            745867101     1,825      38,126   X                                               38,126
QLOGIC CORP                  COM            747277101     4,064     117,777   X                                              117,777
QUALCOMM INC                 COM            747525103    21,715     596,732   X                                              596,732
QUEST DIAGNOSTICS INC        COM            74834L100     3,452      60,664   X                                               60,664
QUESTAR CORP                 COM            748356102     1,340      48,179   X                                               48,179
QUINTILES TRANSNATIONAL CORP COM            748767100       381      31,524   X                                               31,524
QWEST COMMUNICATIONS INTL IN COM            749121109     1,987     397,319   X                                              397,319
RPM INTL INC                 COM            749685103       723      47,290   X                                               47,290
RF MICRODEVICES INC          COM            749941100       235      32,015   X                                               32,015
RADIAN GROUP INC             COM            750236101     4,045     108,882   X                                              108,882
RADIO ONE INC                CL D NON VTG   75040P405       156      10,790   X                                               10,790
RADIOSHACK CORP              COM            750438103     1,122      59,874   X                                               59,874
RATIONAL SOFTWARE CORP       COM NEW        75409P202       609      58,631   X                                               58,631
RAYTHEON CO                  COM NEW        755111507     8,814     286,620   X                                              286,620
READERS DIGEST ASSN INC      CL A NON VTG   755267101       160      10,624   X                                               10,624
REALNETWORKS INC             COM            75605L104        66      17,393   X                                               17,393
REEBOK INTL LTD              COM            758110100       708      24,095   X                                               24,095
REGENCY CTRS CORP            COM            758849103     1,304      40,254   X                                               40,254
REGENERON PHARMACEUTICALS    COM            75886F107       453      24,500   X                                               24,500
REGIONS FINL CORP            COM            758940100     8,097     242,713   X                                              242,713
RELIANT RES INC              COM            75952B105        56      17,650   X                                               17,650
RENAL CARE GROUP INC         COM            759930100       289       9,130   X                                                9,130
RENT A CTR INC NEW           COM            76009N100     1,448      28,998   X                                               28,998
REPUBLIC SVCS INC            COM            760759100     1,406      67,001   X                                               67,001
REYNOLDS & REYNOLDS CO       CL A           761695105     2,973     116,713   X                                              116,713
REYNOLDS R J TOB HLDGS INC   COM            76182K105     1,958      46,506   X                                               46,506
RITE AID CORP                COM            767754104       124      50,597   X                                               50,597
ROBERT HALF INTL INC         COM            770323103       999      62,010   X                                               62,010
ROCKWELL AUTOMATION INC      COM            773903109     3,328     160,677   X                                              160,677
ROCKWELL COLLINS INC         COM            774341101     1,415      60,823   X                                               60,823
ROHM & HAAS CO               COM            775371107     3,398     104,630   X                                              104,630
ROSLYN BANCORP INC           COM            778162107     1,408      78,088   X                                               78,088
ROSS STORES INC              COM            778296103     5,764     135,966   X                                              135,966
ROUSE CO                     COM            779273101       209       6,588   X                                                6,588
ROWAN COS INC                COM            779382100       591      26,035   X                                               26,035
ROYAL DUTCH PETE CO          NY REG EUR .56 780257804       898      20,400   X                                               20,400
RUBY TUESDAY INC             COM            781182100       252      14,588   X                                               14,588
RYDER SYS INC                COM            783549108       545      24,266   X                                               24,266
SBC COMMUNICATIONS INC       COM            78387G103    56,223   2,073,884   X                                            2,073,884
SEI INVESTMENTS CO           COM            784117103       682      25,088   X                                               25,088
SLM CORP                     COM            78442P106    12,426     119,641   X                                              119,641
SPX CORP                     COM            784635104       497      13,280   X                                               13,280
SABRE HLDGS CORP             CL A           785905100       967      53,412   X                                               53,412
SAFECO CORP                  COM            786429100     2,627      75,781   X                                               75,781
SAFENET INC                  COM            78645R107       423      16,700   X                                               16,700
SAFEWAY INC                  COM NEW        786514208     5,824     249,297   X                                              249,297
ST JOE CO                    COM            790148100     1,185      39,511   X                                               39,511
ST JUDE MED INC              COM            790849103     7,737     194,799   X                                              194,799
ST MARY LD & EXPL CO         COM            792228108     1,133      45,300   X                                               45,300
ST PAUL COS INC              COM            792860108     3,628     106,541   X                                              106,541
SANMINA SCI CORP             COM            800907107       634     141,233   X                                              141,233
SARA LEE CORP                COM            803111103    13,888     616,958   X                                              616,958
SCANA CORP NEW               COM            80589M102     1,975      63,791   X                                               63,791
SCHEIN HENRY INC             COM            806407102     1,200      26,672   X                                               26,672


                                       14




                                                 VERIZON INVESTMENT MANAGEMENT CORP.
                                               FORM 13F - SOLE INSTR V. NONE AUTHORITY
                                                          DECEMBER 31, 2002

       ITEM 1:                   ITEM 2:     ITEM 3:    ITEM 4:     ITEM 5:        ITEM 6:         ITEM 7:           ITEM 8:

                                                                              INV. DISCRETION                VOTING AUTHORITY SHARES
                                                                             (A)    (B)     (C)              (A)     (B)      (C)
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                             CUSIP    MARKET VALUE PRINCIPAL       AS DEF. SHARED   SEE
NAME OF ISSUER               TITLE OF CLASS  NUMBER      ($000)     AMOUNT   SOLE INSTR. V OTHER  INSTR.V    SOLE   SHARED    NONE
------------------------------------------------------------------------------------------------------------------------------------
                                                                                          
SCHERING PLOUGH CORP         COM            806605101    20,726     933,608   X                                              933,608
SCHLUMBERGER LTD             COM            806857108     5,257     124,899   X                                              124,899
SCHOLASTIC CORP              COM            807066105       511      14,208   X                                               14,208
SCHWAB CHARLES CORP NEW      COM            808513105     6,524     601,311   X                                              601,311
SCIENTIFIC ATLANTA INC       COM            808655104     1,771     149,312   X                                              149,312
SCOTTS CO                    CL A           810186106     1,105      22,534   X                                               22,534
SCRIPPS E W CO OHIO          CL A           811054204     5,401      70,189   X                                               70,189
SEALED AIR CORP NEW          COM            81211K100     1,029      27,580   X                                               27,580
SEARS ROEBUCK & CO           COM            812387108     3,230     134,877   X                                              134,877
SEMTECH CORP                 COM            816850101       311      28,415   X                                               28,415
SEMPRA ENERGY                COM            816851109     3,969     167,840   X                                              167,840
SENSIENT TECHNOLOGIES CORP   COM            81725T100       263      11,700   X                                               11,700
SEQUA CORPORATION            CL A           817320104       774      19,800   X                                               19,800
SERVICEMASTER CO             COM            81760N109       204      18,418   X                                               18,418
SHERWIN WILLIAMS CO          COM            824348106     6,340     224,422   X                                              224,422
SICOR INC                    COM            825846108       541      34,105   X                                               34,105
SIEBEL SYS INC               COM            826170102     1,317     177,965   X                                              177,965
SIGMA ALDRICH CORP           COM            826552101     2,319      47,611   X                                               47,611
SIMON PPTY GROUP INC NEW     COM            828806109     1,730      50,773   X                                               50,773
SMITH INTL INC               COM            832110100     1,832      56,151   X                                               56,151
SMITHFIELD FOODS INC         COM            832248108     1,136      57,254   X                                               57,254
SMUCKER J M CO               COM NEW        832696405     1,640      41,192   X                                               41,192
SMURFIT-STONE CONTAINER CORP COM            832727101       162      10,525   X                                               10,525
SNAP ON INC                  COM            833034101       298      10,609   X                                               10,609
SOLECTRON CORP               COM            834182107       837     235,717   X                                              235,717
SONOCO PRODS CO              COM            835495102       261      11,382   X                                               11,382
SOUTHERN CO                  COM            842587107    10,828     381,400   X                                              381,400
SOUTHTRUST CORP              COM            844730101    10,172     409,319   X                                              409,319
SOUTHWEST AIRLS CO           COM            844741108    13,996   1,006,916   X                                            1,006,916
SOUTHWEST GAS CORP           COM            844895102       915      39,000   X                                               39,000
SOVEREIGN BANCORP INC        COM            845905108     1,869     132,992   X                                              132,992
SOVRAN SELF STORAGE INC      COM            84610H108       309      10,900   X                                               10,900
SPRINT CORP                  COM FON GROUP  852061100     4,766     329,168   X                                              329,168
SPRINT CORP                  PCS COM SER 1  852061506     2,329     531,713   X                                              531,713
SS&C TECHNOLOGIES INC        COM            85227Q100       186      17,500   X                                               17,500
STANLEY WKS                  COM            854616109       751      21,704   X                                               21,704
STAPLES INC                  COM            855030102     2,948     161,085   X                                              161,085
STARBUCKS CORP               COM            855244109     3,152     154,676   X                                              154,676
STARWOOD HOTELS&RESORTS WRLD PAIRED CTF     85590A203     1,708      71,939   X                                               71,939
STATE STR CORP               COM            857477103     4,845     124,228   X                                              124,228
STERICYCLE INC               COM            858912108       534      16,500   X                                               16,500
STERIS CORP                  COM            859152100       360      14,863   X                                               14,863
STILWELL FINL INC            COM            860831106     1,505     115,164   X                                              115,164
STORAGE TECHNOLOGY CORP      COM PAR $0.10  862111200       704      32,860   X                                               32,860
STRYKER CORP                 COM            863667101     5,624      83,789   X                                               83,789
STUDENT LN CORP              COM            863902102     1,325      13,544   X                                               13,544
SUN MICROSYSTEMS INC         COM            866810104     5,217   1,677,408   X                                            1,677,408
SUNGARD DATA SYS INC         COM            867363103     4,636     196,783   X                                              196,783
SUNOCO INC                   COM            86764P109     2,251      67,841   X                                               67,841
SUNTRUST BKS INC             COM            867914103     9,191     161,472   X                                              161,472
SUPERVALU INC                COM            868536103       824      49,916   X                                               49,916
SYBASE INC                   COM            871130100       289      21,571   X                                               21,571
SYMANTEC CORP                COM            871503108     4,298     106,108   X                                              106,108
SYMBOL TECHNOLOGIES INC      COM            871508107       496      60,354   X                                               60,354


                                       15




                                                 VERIZON INVESTMENT MANAGEMENT CORP.
                                               FORM 13F - SOLE INSTR V. NONE AUTHORITY
                                                          DECEMBER 31, 2002

       ITEM 1:                   ITEM 2:     ITEM 3:    ITEM 4:     ITEM 5:        ITEM 6:         ITEM 7:           ITEM 8:

                                                                              INV. DISCRETION                VOTING AUTHORITY SHARES
                                                                             (A)    (B)     (C)              (A)     (B)      (C)
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                             CUSIP    MARKET VALUE PRINCIPAL       AS DEF. SHARED   SEE
NAME OF ISSUER               TITLE OF CLASS  NUMBER      ($000)     AMOUNT   SOLE INSTR. V OTHER  INSTR.V    SOLE   SHARED    NONE
------------------------------------------------------------------------------------------------------------------------------------
                                                                                          
SYNOPSYS INC                 COM            871607107     1,390      30,120   X                                               30,120
SYNOVUS FINL CORP            COM            87161C105     2,371     122,197   X                                              122,197
SYSCO CORP                   COM            871829107    15,464     519,098   X                                              519,098
TCF FINL CORP                COM            872275102       982      22,482   X                                               22,482
TECO ENERGY INC              COM            872375100     1,756     113,540   X                                              113,540
TJX COS INC NEW              COM            872540109    12,173     623,634   X                                              623,634
TMP WORLDWIDE INC            COM            872941109       309      27,358   X                                               27,358
TXU CORP                     COM            873168108     1,684      90,170   X                                               90,170
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR  874039100       188      26,600   X                                               26,600
TARGET CORP                  COM            87612E106    21,021     700,699   X                                              700,699
TECH DATA CORP               COM            878237106     1,563      57,976   X                                               57,976
TEKTRONIX INC                COM            879131100       344      18,933   X                                               18,933
TELEPHONE & DATA SYS INC     COM            879433100       587      12,485   X                                               12,485
TELLABS INC                  COM            879664100       772     106,207   X                                              106,207
TEMPLE INLAND INC            COM            879868107       418       9,319   X                                                9,319
TENET HEALTHCARE CORP        COM            88033G100     3,283     200,165   X                                              200,165
TERADYNE INC                 COM            880770102       805      61,856   X                                               61,856
TEXAS INSTRS INC             COM            882508104    16,881   1,124,675   X                                            1,124,675
TEXTRON INC                  COM            883203101     2,123      49,375   X                                               49,375
THERMO ELECTRON CORP         COM            883556102     1,194      59,322   X                                               59,322
THOMAS & BETTS CORP          COM            884315102       258      15,290   X                                               15,290
THOMAS INDS INC              COM            884425109       438      16,800   X                                               16,800
3COM CORP                    COM            885535104       147      31,656   X                                               31,656
3M CO                        COM            88579Y101    36,728     297,875   X                                              297,875
TIDEWATER INC                COM            886423102     1,187      38,183   X                                               38,183
TIFFANY & CO NEW             COM            886547108     1,321      55,237   X                                               55,237
TITAN CORP                   COM            888266103       156      15,011   X                                               15,011
TORCHMARK CORP               COM            891027104     7,712     211,104   X                                              211,104
TOYS R US INC                COM            892335100       384      38,378   X                                               38,378
TRAVELERS PPTY CAS CORP NEW  CL A           89420G109     1,118      76,291   X                                               76,291
TRAVELERS PPTY CAS CORP NEW  CL B           89420G406     4,384     299,282   X                                              299,282
TRIAD HOSPITALS INC          COM            89579K109       538      18,040   X                                               18,040
TRIBUNE CO NEW               COM            896047107     3,847      84,631   X                                               84,631
TRUSTMARK CORP               COM            898402102     1,289      54,156   X                                               54,156
TYCO INTL LTD NEW            COM            902124106    12,009     703,099   X                                              703,099
TYSON FOODS INC              CL A           902494103       154      13,718   X                                               13,718
UST INC                      COM            902911106     7,447     222,767   X                                              222,767
US BANCORP DEL               COM NEW        902973304    13,737     647,360   X                                              647,360
USA INTERACTIVE              COM            902984103     1,995      87,025   X                                               87,025
UNILEVER N V                 N Y SHS NEW    904784709     6,659     107,900   X                                              107,900
UNION PAC CORP               COM            907818108     7,606     127,041   X                                              127,041
UNION PLANTERS CORP          COM            908068109     1,747      62,084   X                                               62,084
UNIONBANCAL CORP             COM            908906100     6,385     162,601   X                                              162,601
UNISYS CORP                  COM            909214108     1,045     105,586   X                                              105,586
UNITED ONLINE INC            COM            911268100       843      52,900   X                                               52,900
UNITED PARCEL SERVICE INC    CL B           911312106    23,908     379,015   X                                              379,015
UNITED STATES STL CORP NEW   COM            912909108       443      33,766   X                                               33,766
UNITED TECHNOLOGIES CORP     COM            913017109    25,526     412,113   X                                              412,113
UNITEDHEALTH GROUP INC       COM            91324P102    13,883     166,262   X                                              166,262
UNITRIN INC                  COM            913275103       383      13,124   X                                               13,124
UNIVERSAL HLTH SVCS INC      CL B           913903100     2,308      51,182   X                                               51,182
UNIVISION COMMUNICATIONS INC CL A           914906102     2,185      89,174   X                                               89,174
UNOCAL CORP                  COM            915289102     1,841      60,215   X                                               60,215
UNUMPROVIDENT CORP           COM            91529Y106       778      44,336   X                                               44,336


                                       16




                                                 VERIZON INVESTMENT MANAGEMENT CORP.
                                               FORM 13F - SOLE INSTR V. NONE AUTHORITY
                                                          DECEMBER 31, 2002

       ITEM 1:                   ITEM 2:     ITEM 3:    ITEM 4:     ITEM 5:        ITEM 6:         ITEM 7:           ITEM 8:

                                                                              INV. DISCRETION                VOTING AUTHORITY SHARES
                                                                             (A)    (B)     (C)              (A)     (B)      (C)
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                             CUSIP    MARKET VALUE PRINCIPAL       AS DEF. SHARED   SEE
NAME OF ISSUER               TITLE OF CLASS  NUMBER      ($000)     AMOUNT   SOLE INSTR. V OTHER  INSTR.V    SOLE   SHARED    NONE
------------------------------------------------------------------------------------------------------------------------------------
                                                                                          
UTSTARCOM INC                COM            918076100       780      39,321   X                                               39,321
V F CORP                     COM            918204108     1,035      28,717   X                                               28,717
VALASSIS COMMUNICATIONS INC  COM            918866104       618      20,989   X                                               20,989
VALERO ENERGY CORP NEW       COM            91913Y100       789      21,365   X                                               21,365
VALLEY NATL BANCORP          COM            919794107       906      34,342   X                                               34,342
VALSPAR CORP                 COM            920355104     1,663      37,635   X                                               37,635
VARCO INTL INC DEL           COM            922122106       285      16,400   X                                               16,400
VARIAN MED SYS INC           COM            92220P105     2,957      59,611   X                                               59,611
VECTREN CORP                 COM            92240G101     1,015      44,133   X                                               44,133
VERISIGN INC                 COM            92343E102       252      31,412   X                                               31,412
VERIZON COMMUNICATIONS       COM            92343V104    66,671   1,720,541   X                                            1,720,541
VERITAS SOFTWARE CO          COM            923436109     3,008     192,582   X                                              192,582
VERTEX PHARMACEUTICALS INC   COM            92532F100       580      36,591   X                                               36,591
VIAD CORP                    COM            92552R109       386      17,266   X                                               17,266
VIACOM INC                   CL A           925524100     4,999     122,500   X                                              122,500
VIACOM INC                   CL B           925524308    42,337   1,038,680   X                                            1,038,680
VISHAY INTERTECHNOLOGY INC   COM            928298108       277      24,763   X                                               24,763
VISTEON CORP                 COM            92839U107       167      23,966   X                                               23,966
VULCAN MATLS CO              COM            929160109     1,789      47,703   X                                               47,703
WSFS FINL CORP               COM            929328102     1,075      32,600   X                                               32,600
WACHOVIA CORP 2ND NEW        COM            929903102    32,430     889,962   X                                              889,962
WADDELL & REED FINL INC      CL A           930059100       320      16,285   X                                               16,285
WAL MART STORES INC          COM            931142103   136,728   2,706,951   X                                            2,706,951
WALGREEN CO                  COM            931422109    17,843     611,263   X                                              611,263
WASHINGTON MUT INC           COM            939322103    27,043     783,161   X                                              783,161
WASHINGTON POST CO           CL B           939640108     7,626      10,334   X                                               10,334
WASTE MGMT INC DEL           COM            94106L109     6,694     292,078   X                                              292,078
WATERS CORP                  COM            941848103     1,410      64,755   X                                               64,755
WATSON PHARMACEUTICALS INC   COM            942683103     1,265      44,730   X                                               44,730
WATTS INDS INC               CL A           942749102       230      14,600   X                                               14,600
WEBMD CORP                   COM            94769M105       613      71,673   X                                               71,673
WEIGHT WATCHERS INTL INC NEW COM            948626106     3,293      71,638   X                                               71,638
WELLPOINT HEALTH NETWORK NEW COM            94973H108     6,267      88,074   X                                               88,074
WELLS FARGO & CO NEW         COM            949746101    35,107     749,028   X                                              749,028
WENDYS INTL INC              COM            950590109     1,039      38,394   X                                               38,394
WESTAMERICA BANCORPORATION   COM            957090103     1,330      33,095   X                                               33,095
WESTWOOD ONE INC             COM            961815107     3,063      81,973   X                                               81,973
WEYERHAEUSER CO              COM            962166104     5,472     111,195   X                                              111,195
WHIRLPOOL CORP               COM            963320106       773      14,808   X                                               14,808
WHOLE FOODS MKT INC          COM            966837106     7,239     137,285   X                                              137,285
WILEY JOHN & SONS INC        CL A           968223206       252      10,496   X                                               10,496
WILLIAMS COS INC DEL         COM            969457100       270      99,821   X                                               99,821
WILLIAMS SONOMA INC          COM            969904101       804      29,619   X                                               29,619
WILMINGTON TRUST CORP        COM            971807102     2,335      73,705   X                                               73,705
WINN DIXIE STORES INC        COM            974280109       322      21,089   X                                               21,089
WISCONSIN ENERGY CORP        COM            976657106     5,460     216,685   X                                              216,685
WORTHINGTON INDS INC         COM            981811102       503      32,974   X                                               32,974
WRIGLEY WM JR CO             COM            982526105     5,229      95,283   X                                               95,283
WYETH                        COM            983024100    28,115     751,748   X                                              751,748
XTO ENERGY CORP              COM            98385X106     2,182      88,352   X                                               88,352
XCEL ENERGY INC              COM            98389B100     1,024      93,125   X                                               93,125
XILINX INC                   COM            983919101     2,704     131,265   X                                              131,265
XEROX CORP                   COM            984121103     1,947     241,844   X                                              241,844
YAHOO INC                    COM            984332106     4,726     289,050   X                                              289,050


                                       17




                                                 VERIZON INVESTMENT MANAGEMENT CORP.
                                               FORM 13F - SOLE INSTR V. NONE AUTHORITY
                                                          DECEMBER 31, 2002

       ITEM 1:                   ITEM 2:     ITEM 3:    ITEM 4:     ITEM 5:        ITEM 6:         ITEM 7:           ITEM 8:

                                                                              INV. DISCRETION                VOTING AUTHORITY SHARES
                                                                             (A)    (B)     (C)              (A)     (B)      (C)
                                                      PENSION FAIR SHARES OR       SHARED         MANAGERS
                                             CUSIP    MARKET VALUE PRINCIPAL       AS DEF. SHARED   SEE
NAME OF ISSUER               TITLE OF CLASS  NUMBER      ($000)     AMOUNT   SOLE INSTR. V OTHER  INSTR.V    SOLE   SHARED    NONE
------------------------------------------------------------------------------------------------------------------------------------
                                                                                          
YUM BRANDS INC               COM            988498101     2,835     117,066   X                                              117,066
ZEBRA TECHNOLOGIES CORP      CL A           989207105     2,848      49,698   X                                               49,698
ZIMMER HLDGS INC             COM            98956P102    10,767     259,314   X                                              259,314
ZIONS BANCORPORATION         COM            989701107       661      16,789   X                                               16,789

GRAND TOTAL                                           5,508,047



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