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 18