UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 2004
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: Labranche & Co Inc.
Address: One Exchange Plaza
New York, NY
13F File Number: 28-10499
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: Harvey S. Traison
Title: Senior Vice President and Chief Financial Officer
Phone: 212-482-8950
Signature, Place, and Date of Signing:
/s/ Harvey S. Traison New York, NY July 29, 2004
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 2
Form13F Information Table Entry Total: 235
Form13F Information Table Value Total: $422,572 (thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional managers with respect to which this report is filed, other
than the manager filing this report.
No. 13F File Number Name
01 28-10500 Labranche & Co., LLC
02 28-10501 Labranche Structured Products, LLC
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
3M CO COM 88579Y101 2126 23622 SH DEFINED 01 0 2126 0
ACM INCOME FUND INC COM 000912105 146 18512 SH DEFINED 01 0 146 0
ADVANCED MICRO DEVICES INC COM 007903107 2810 7645 SH Call DEFINED 02 0 2810 0
ADVANCED MICRO DEVICES INC COM 007903107 356 5895 SH Put DEFINED 02 0 356 0
AEROPOSTALE COM 007865108 292 359 SH Call DEFINED 02 0 292 0
AFFILIATED MANAGERS GROUP COM 008252108 241 823 SH Put DEFINED 02 0 241 0
AGERE SYS INC CL B 00845V209 972 451879 SH DEFINED 01 0 972 0
AGERE SYS INC CL A 00845V100 107 46486 SH DEFINED 01 0 107 0
ALLEGHANY CORP DEL COM 017175100 426 1486 SH DEFINED 01 0 426 0
ALLEGHENY ENERGY INC COM 017361106 202 626 SH Call DEFINED 02 0 202 0
ALLERGAN INC COM 018490102 458 5111 SH DEFINED 01 0 458 0
ALTRIA GROUP INC COM 02209S103 226 4521 SH DEFINED 01 0 226 0
AMERADA HESS CORP COM 023551104 1656 767 SH Call DEFINED 02 0 1656 0
ANADARKO PETE CORP COM 032511107 305 429 SH Call DEFINED 02 0 305 0
APACHE CORP COM 037411105 362 408 SH Call DEFINED 02 0 362 0
APOLLO GROUP INC CL A 037604105 268 563 SH Call DEFINED 02 0 268 0
APOLLO GROUP INC CL A 037604105 395 1054 SH Put DEFINED 02 0 395 0
AT&T CORP COM NEW 001957505 317 21645 SH DEFINED 01 0 317 0
ATHEROGENICS INC COM 047439104 203 834 SH Call DEFINED 02 0 203 0
AVAYA INC COM 053499109 368 23325 SH DEFINED 01 0 368 0
AVON PRODS INC COM 054303102 1053 1337 SH Call DEFINED 02 0 1053 0
BAUSCH & LOMB INC COM 071707103 360 5534 SH DEFINED 01 0 360 0
BIOTECH HOLDERS TR DEPOSTRY RCPTS 09067D201 899 530 SH Call DEFINED 02 0 899 0
BIOVAIL CORP COM 09067J109 325 227 SH Put DEFINED 02 0 325 0
BJS WHOLESALE CLUB INC COM 05548J106 226 9044 SH DEFINED 01 0 226 0
BLOCK H & R INC COM 093671105 497 10419 SH DEFINED 01 0 497 0
BMC SOFTWARE INC COM 055921100 269 14565 SH DEFINED 01 0 269 0
BP PLC SPONSORED ADR 055622104 647 1161 SH Call DEFINED 02 0 647 0
C H ROBINSON WORLDWIDE INC COM 12541W100 221 525 SH Call DEFINED 02 0 221 0
CALPINE CORP COM 131347106 507 9820 SH Call DEFINED 02 0 507 0
CALPINE CORP COM 131347106 1345 8854 SH Put DEFINED 02 0 1345 0
CAMBIOR INC COM 13201L103 32 12035 SH DEFINED 01 0 32 0
CAREMARK RX INC COM 141705103 257 1051 SH Call DEFINED 02 0 257 0
CHEVRONTEXACO CORP COM 166764100 581 6173 SH DEFINED 01 0 581 0
CLEAR CHANNEL COMMUNICATIONS COM 184502102 504 13631 SH DEFINED 01 0 504 0
COCA COLA ENTERPRISES INC COM 191219104 424 888 SH Call DEFINED 02 0 424 0
COMERICA INC COM 200340107 390 7098 SH DEFINED 01 0 390 0
COMMERCE BANCORP INC NJ COM 200519106 218 1061 SH Call DEFINED 02 0 218 0
COMMERCE BANCORP INC NJ COM 200519106 592 1033 SH Put DEFINED 02 0 592 0
COMMUNICATIONS SYS INC COM 203900105 87 10831 SH DEFINED 01 0 87 0
COMPUTER ASSOC INTL INC COM 204912109 1234 2368 SH Call DEFINED 02 0 1234 0
COMPX INTERNATIONAL INC CL A 20563P101 202 13481 SH DEFINED 01 0 202 0
COOPER COS INC COM NEW 216648402 551 609 SH Call DEFINED 02 0 551 0
COTT CORP QUE COM 22163N106 529 16334 SH DEFINED 01 0 529 0
COUNTRYWIDE FINANCIAL CORP COM 222372104 1838 500 SH Call DEFINED 02 0 1838 0
DANAHER CORP DEL COM 235851102 536 668 SH Call DEFINED 02 0 536 0
DEAN FOODS CO NEW COM 242370104 219 5878 SH DEFINED 01 0 219 0
DELTA AIR LINES INC DEL COM 247361108 1827 4641 SH Put DEFINED 02 0 1827 0
DELTA AIR LINES INC DEL COM 247361108 732 4206 SH Call DEFINED 02 0 732 0
DIAMONDS TR UNIT SER 1 252787106 261 2552 SH Put DEFINED 02 0 261 0
DIAMONDS TR UNIT SER 1 252787106 8140 77800 SH DEFINED 02 0 8140 0
DST SYS INC DEL COM 233326107 494 10264 SH DEFINED 01 0 494 0
E Z EM INC COM NEW 269305405 412 22398 SH DEFINED 01 0 412 0
EDISON INTL COM 281020107 616 1162 SH Call DEFINED 02 0 616 0
EMERSON ELEC CO COM 291011104 296 4654 SH DEFINED 01 0 296 0
EMPRESAS ICA SOCIEDAD CONTRL SPONSORED ADR 292448107 28 15427 SH DEFINED 01 0 28 0
ENI S P A SPONSORED ADR 26874R108 660 6580 SH DEFINED 01 0 660 0
ENZO BIOCHEM INC COM 294100102 212 14141 SH DEFINED 01 0 212 0
EVERGREEN INCOME ADVANTAGE F COM SHS 30023Y105 245 16418 SH DEFINED 01 0 245 0
EXCEL MARITIME CARRIERS LTD COM V3267N107 511 65478 SH DEFINED 01 0 511 0
EXXON MOBIL CORP COM 30231G102 8615 193991 SH DEFINED 01 0 8615 0
FASTENAL CO COM 311900104 422 555 SH Call DEFINED 02 0 422 0
FIRST DATA CORP COM 319963104 242 5426 SH DEFINED 01 0 242 0
FIRST HORIZON NATL CORP COM 320517105 256 5620 SH DEFINED 01 0 256 0
FIRST NATL BANKSHRS FL INC N COM 321100109 217 11448 SH DEFINED 01 0 217 0
FLIR SYS INC COM 302445101 215 156 SH Call DEFINED 02 0 215 0
FORD MTR CO DEL COM PAR $0.01 345370860 1014 64793 SH DEFINED 01 0 1014 0
FREEPORT-MCMORAN COPPER & GO CL B 35671D857 764 4730 SH Put DEFINED 02 0 764 0
FREEPORT-MCMORAN COPPER & GO CL B 35671D857 463 1630 SH Call DEFINED 02 0 463 0
FRIEDMAN BILLINGS RAMSEY GRO CL A 358434108 299 15133 SH DEFINED 01 0 299 0
GAMMON LAKE RES INC COM 364915108 168 25001 SH DEFINED 01 0 168 0
GAP INC DEL COM 364760108 307 12651 SH DEFINED 01 0 307 0
GENTA INC COM NEW 37245M207 264 347 SH Put DEFINED 02 0 264 0
GILEAD SCIENCES INC COM 375558103 323 103 SH Call DEFINED 02 0 323 0
GLOBAL PMTS INC COM 37940X102 523 11610 SH DEFINED 01 0 523 0
GOLD FIELDS LTD NEW SPONSORED ADR 38059T106 190 18057 SH DEFINED 01 0 190 0
GOLDEN STAR RES LTD CDA COM 38119T104 222 47857 SH DEFINED 01 0 222 0
GOODYEAR TIRE & RUBR CO COM 382550101 195 21450 SH DEFINED 01 0 195 0
GREATER CHINA FD INC COM 39167B102 212 15000 SH DEFINED 01 0 212 0
H & Q HEALTHCARE FD SH BEN INT 404052102 908 52141 SH DEFINED 01 0 908 0
HONEYWELL INTL INC COM 438516106 413 1037 SH Call DEFINED 02 0 413 0
HONEYWELL INTL INC COM 438516106 325 1683 SH Put DEFINED 02 0 325 0
HSBC HLDGS PLC SPON ADR NEW 404280406 371 4958 SH DEFINED 01 0 371 0
IAMGOLD CORP COM 450913108 144 25848 SH DEFINED 01 0 144 0
IMATION CORP COM 45245A107 378 8863 SH DEFINED 01 0 378 0
INFOSPACE INC COM NEW 45678T201 321 428 SH Call DEFINED 02 0 321 0
INFRASOURCE SVCS INC COM 45684P102 477 38901 SH DEFINED 01 0 477 0
INTEGRATED BIOPHARMA INC COM 45811V105 231 28301 SH DEFINED 01 0 231 0
INTERNACIONAL DE CERAMICA S SPON ADR UNITS 458847506 225 30945 SH DEFINED 01 0 225 0
INTERNATIONAL GAME TECHNOLOG COM 459902102 982 1134 SH Call DEFINED 02 0 982 0
ISHARES INC MSCI SWITZERLD 464286749 1603 105300 SH DEFINED 02 0 1603 0
ISHARES INC MSCI ITALY 464286855 620 29480 SH DEFINED 02 0 620 0
ISHARES INC MSCI JAPAN 464286848 2779 261641 SH DEFINED 02 0 2779 0
ISHARES INC MSCI MALAYSIA 464286830 1532 237548 SH DEFINED 02 0 1532 0
ISHARES INC MSCI NETHERLND 464286814 812 49000 SH DEFINED 02 0 812 0
ISHARES INC MSCI SINGAPORE 464286673 905 144550 SH DEFINED 02 0 905 0
ISHARES INC MSCI STH AFRCA 464286780 1823 32000 SH DEFINED 02 0 1823 0
ISHARES INC MSCI SPAIN 464286764 907 32100 SH DEFINED 02 0 907 0
ISHARES INC MSCI TAIWAN 464286731 1261 116486 SH DEFINED 02 0 1261 0
ISHARES INC MSCI HONG KONG 464286871 3340 329740 SH DEFINED 02 0 3340 0
ISHARES INC MSCI EMU INDEX 464286608 5911 95250 SH DEFINED 02 0 5911 0
ISHARES INC MSCI FRANCE 464286707 629 29800 SH DEFINED 02 0 629 0
ISHARES INC MSCI CDA INDEX 464286509 206 14300 SH DEFINED 02 0 206 0
ISHARES INC MSCI AUSTRALIA 464286103 7698 573600 SH DEFINED 02 0 7698 0
ISHARES INC MSCI BRAZIL 464286400 1097 74600 SH DEFINED 02 0 1097 0
ISHARES INC MSCI GERMAN 464286806 1658 102600 SH DEFINED 02 0 1658 0
ISHARES TR 7-10 YR TRS BD 464287440 1340 2000 SH Put DEFINED 02 0 1340 0
ISHARES TR S&P SMLCAP 600 464287804 1236 8400 SH DEFINED 02 0 1236 0
ISHARES TR S&P MIDCAP 400 464287507 11187 92000 SH DEFINED 02 0 11187 0
ISHARES TR S&P EURO PLUS 464287861 3816 57370 SH DEFINED 02 0 3816 0
ISHARES TR S&P500/BAR VAL 464287408 2148 37500 SH DEFINED 02 0 2148 0
ISHARES TR S&P500/BAR GRW 464287309 631 11100 SH DEFINED 02 0 631 0
ISHARES TR S&P 1500 INDEX 464287150 17509 174580 SH DEFINED 02 0 17509 0
ISHARES TR RUSL 3000 GROW 464287671 568 14600 SH DEFINED 02 0 568 0
ISHARES TR RUSL 2000 VALU 464287630 6892 40000 SH DEFINED 02 0 6892 0
ISHARES TR 1-3 YR TRS BD 464287457 5769 70600 SH DEFINED 02 0 5769 0
ISHARES TR RUSSELL 3000 464287689 6052 93455 SH DEFINED 02 0 6052 0
ISHARES TR S&P SMLCP GROW 464287887 3115 31911 SH DEFINED 02 0 3115 0
ISHARES TR 20+ YR TRS BD 464287432 13023 155700 SH DEFINED 02 0 13023 0
ISHARES TR 7-10 YR TRS BD 464287440 6727 81000 SH DEFINED 02 0 6727 0
ISHARES TR LEHMAN AGG BND 464287226 11662 115991 SH DEFINED 02 0 11662 0
ISHARES TR RUSSELL MCP VL 464287473 11287 113900 SH DEFINED 02 0 11287 0
ISHARES TR S&P LTN AM 40 464287390 513 8800 SH DEFINED 02 0 513 0
ISHARES TR DJ US FINL SVC 464287770 303 2939 SH DEFINED 02 0 303 0
ISHARES TR S&P GBL FIN 464287333 610 10300 SH DEFINED 02 0 610 0
ISHARES TR DJ US BAS MATL 464287838 678 15000 SH DEFINED 02 0 678 0
ISHARES TR DJ US CON CYCL 464287580 801 14400 SH DEFINED 02 0 801 0
ISHARES TR S&P GBL HLTHCR 464287325 1051 21900 SH DEFINED 02 0 1051 0
ISHARES TR DJ US REAL EST 464287739 1582 15660 SH DEFINED 02 0 1582 0
ISHARES TR DJ US FINL SEC 464287788 2595 28877 SH DEFINED 02 0 2595 0
ISHARES TR RUSSELL1000VAL 464287598 21724 361700 SH DEFINED 02 0 21724 0
ISHARES TR S&P SMLCP VALU 464287879 4267 38900 SH DEFINED 02 0 4267 0
ISHARES TR RUSSELL 2000 464287655 12778 108300 SH DEFINED 02 0 12778 0
ISHARES TR RUSSELL1000GRW 464287614 7235 151200 SH DEFINED 02 0 7235 0
ISHARES TR MSCI EAFE IDX 464287465 15866 110949 SH DEFINED 02 0 15866 0
ISHARES TR NASDQ BIO INDX 464287556 1855 24700 SH DEFINED 02 0 1855 0
JACOBS ENGR GROUP INC DEL COM 469814107 332 8437 SH DEFINED 01 0 332 0
JUNIPER NETWORKS INC COM 48203R104 202 200 SH Call DEFINED 02 0 202 0
KINROSS GOLD CORP COM NEW 496902206 90 16140 SH DEFINED 01 0 90 0
KLA-TENCOR CORP COM 482480100 1796 1933 SH Call DEFINED 02 0 1796 0
KLA-TENCOR CORP COM 482480100 665 1863 SH Put DEFINED 02 0 665 0
KRISPY KREME DOUGHNUTS INC COM 501014104 312 644 SH Put DEFINED 02 0 312 0
LAUDER ESTEE COS INC CL A 518439104 348 7144 SH DEFINED 01 0 348 0
LEHMAN BROS HLDGS INC COM 524908100 523 6951 SH DEFINED 01 0 523 0
LIONS GATE ENTMNT CORP COM NEW 535919203 482 69116 SH DEFINED 01 0 482 0
LOWES COS INC COM 548661107 709 13489 SH DEFINED 01 0 709 0
LUCENT TECHNOLOGIES INC COM 549463107 428 113140 SH DEFINED 01 0 428 0
M & T BK CORP COM 55261F104 312 3570 SH DEFINED 01 0 312 0
MANDALAY RESORT GROUP COM 562567107 6269 2423 SH Call DEFINED 02 0 6269 0
MATRITECH INC COM 576818108 16 12068 SH DEFINED 01 0 16 0
MEDTRONIC INC COM 585055106 1407 28882 SH DEFINED 01 0 1407 0
MERCK & CO INC COM 589331107 891 18764 SH DEFINED 01 0 891 0
MERCURY GENL CORP NEW COM 589400100 688 13850 SH DEFINED 01 0 688 0
MERCURY INTERACTIVE CORP COM 589405109 404 789 SH Call DEFINED 02 0 404 0
MERRILL LYNCH & CO INC COM 590188108 1407 2755 SH Call DEFINED 02 0 1407 0
MERRILL LYNCH & CO INC COM 590188108 637 2328 SH Put DEFINED 02 0 637 0
METRIS COS INC COM 591598107 201 933 SH Call DEFINED 02 0 201 0
MGM MIRAGE COM 552953101 207 865 SH Put DEFINED 02 0 207 0
MGM MIRAGE COM 552953101 204 516 SH Call DEFINED 02 0 204 0
MIDCAP SPDR TR UNIT SER 1 595635103 44440 400000 SH DEFINED 02 0 44440 0
MIDCAP SPDR TR UNIT SER 1 595635103 3160 12750 SH Call DEFINED 02 0 3160 0
MONY GROUP INC COM 615337102 253 8091 SH DEFINED 01 0 253 0
NEUBERGER BERMAN NY INT MUN COM 64124K102 160 12942 SH DEFINED 01 0 160 0
NEW YORK CMNTY BANCORP INC COM 649445103 1509 76854 SH DEFINED 01 0 1509 0
NIKE INC CL B 654106103 765 10102 SH DEFINED 01 0 765 0
NOVARTIS A G SPONSORED ADR 66987V109 685 15387 SH DEFINED 01 0 685 0
NUI CORP COM 629431107 292 19989 SH DEFINED 01 0 292 0
OIL SVC HOLDRS TR DEPOSTRY RCPT 678002106 249 226 SH Call DEFINED 02 0 249 0
OMI CORP NEW COM Y6476W104 646 54265 SH DEFINED 01 0 646 0
OMNICOM GROUP INC COM 681919106 263 978 SH Put DEFINED 02 0 263 0
OMNICOM GROUP INC COM 681919106 479 1037 SH Call DEFINED 02 0 479 0
OPEN JT STK CO-VIMPEL COMMUN SPONSORED ADR 68370R109 574 519 SH Call DEFINED 02 0 574 0
ORTHODONTIC CTRS AMER INC COM 68750P103 101 12278 SH DEFINED 01 0 101 0
PENNEY J C INC COM 708160106 1082 1123 SH Call DEFINED 02 0 1082 0
PEPSICO INC COM 713448108 589 1284 SH Call DEFINED 02 0 589 0
PERKINELMER INC COM 714046109 372 769 SH Call DEFINED 02 0 372 0
PFIZER INC COM 717081103 572 1012 SH Call DEFINED 02 0 572 0
PG&E CORP COM 69331C108 476 1295 SH Call DEFINED 02 0 476 0
PHARMACEUTICAL HLDRS TR DEPOSITRY RCPT 71712A206 1413 2974 SH Call DEFINED 02 0 1413 0
PHARMACEUTICAL HLDRS TR DEPOSITRY RCPT 71712A206 1000 2973 SH Put DEFINED 02 0 1000 0
PLC SYS INC COM 69341D104 13 16202 SH DEFINED 01 0 13 0
PROCTER & GAMBLE CO COM 742718109 624 1808 SH Call DEFINED 02 0 624 0
PROCTER & GAMBLE CO COM 742718109 229 3432 SH Put DEFINED 02 0 229 0
PULTE HOMES INC COM 745867101 1515 1359 SH Call DEFINED 02 0 1515 0
QUALCOMM INC COM 747525103 384 337 SH Call DEFINED 02 0 384 0
QUICKSILVER RESOURCES INC COM 74837R104 2925 462 SH Call DEFINED 02 0 2925 0
QUICKSILVER RESOURCES INC COM 74837R104 1663 384 SH Put DEFINED 02 0 1663 0
QWEST COMMUNICATIONS INTL IN COM 749121109 952 265177 SH DEFINED 01 0 952 0
RAYTHEON CO COM NEW 755111507 420 910 SH Call DEFINED 02 0 420 0
REGIONS FINL CORP COM 758940100 460 12572 SH DEFINED 01 0 460 0
REUNION INDS INC COM 761312107 9 17598 SH DEFINED 01 0 9 0
SALTON INC COM 795757103 85 15942 SH DEFINED 01 0 85 0
SBC COMMUNICATIONS INC COM 78387G103 1200 49491 SH DEFINED 01 0 1200 0
SEABRIDGE GOLD INC COM 811916105 407 130164 SH DEFINED 01 0 407 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 7608 241458 SH DEFINED 02 0 7608 0
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 1663 62100 SH DEFINED 02 0 1663 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 1008 13025 SH Put DEFINED 02 0 1008 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 33410 1170051 SH DEFINED 02 0 33410 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 581 9566 SH Put DEFINED 02 0 581 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 212 7400 SH DEFINED 02 0 212 0
SEMICONDUCTOR HLDRS TR DEP RCPT 816636203 294 2010 SH Call DEFINED 02 0 294 0
SEMICONDUCTOR HLDRS TR DEP RCPT 816636203 241 1120 SH Put DEFINED 02 0 241 0
SEPRACOR INC COM 817315104 6922 4684 SH Call DEFINED 02 0 6922 0
SEPRACOR INC COM 817315104 352 2952 SH Put DEFINED 02 0 352 0
SPX CORP COM 784635104 411 678 SH Put DEFINED 02 0 411 0
STARBUCKS CORP COM 855244109 540 338 SH Call DEFINED 02 0 540 0
STATE STR CORP COM 857477103 327 6671 SH DEFINED 01 0 327 0
SUSSEX BANCORP COM 869245100 170 10332 SH DEFINED 01 0 170 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 87 10524 SH DEFINED 01 0 87 0
TENGASCO INC COM NEW 88033R205 7 18828 SH DEFINED 01 0 7 0
TJX COS INC NEW COM 872540109 835 34601 SH DEFINED 01 0 835 0
TOYOTA MOTOR CORP SP ADR REP2COM 892331307 326 275 SH Call DEFINED 02 0 326 0
TRANSMONTAIGNE INC COM 893934109 226 42050 SH DEFINED 01 0 226 0
ULTRA PETROLEUM CORP COM 903914109 285 437 SH Call DEFINED 02 0 285 0
UNIVERSAL HLTH SVCS INC CL B 913903100 549 11954 SH DEFINED 01 0 549 0
UNIVERSAL TECHNICAL INST INC COM 913915104 331 8279 SH DEFINED 01 0 331 0
UNOCAL CORP COM 915289102 216 599 SH Call DEFINED 02 0 216 0
VALERO ENERGY CORP NEW COM 91913Y100 539 112 SH Call DEFINED 02 0 539 0
VAN KAMPEN CALIF QUALITY MUN COM 920920105 216 14425 SH DEFINED 01 0 216 0
VANGUARD INDEX TR SML CP G VIPER 922908595 449 9000 SH DEFINED 02 0 449 0
VANGUARD INDEX TR STK MRK VIPERS 922908769 1047 9500 SH DEFINED 02 0 1047 0
VIACOM INC CL B 925524308 789 22100 SH DEFINED 01 0 789 0
VIAD CORP COM 92552R109 748 27689 SH DEFINED 01 0 748 0
WACHOVIA CORP 2ND NEW COM 929903102 269 6043 SH DEFINED 01 0 269 0
WATSON PHARMACEUTICALS INC COM 942683103 1221 45391 SH DEFINED 01 0 1221 0
WESTAR ENERGY INC COM 95709T100 409 20542 SH DEFINED 01 0 409 0
WESTCOAST HOSPITALITY CORP COM 95750P106 99 18496 SH DEFINED 01 0 99 0
WESTERN WIRELESS CORP CL A 95988E204 596 935 SH Call DEFINED 02 0 596 0
WHEATON RIV MINERALS LTD *W EXP 05/30/200 962902177 21 11936 SH DEFINED 01 0 21 0
WHITE MTNS INS GROUP LTD COM G9618E107 1005 1970 SH DEFINED 01 0 1005 0
WHITEHALL JEWELLERS INC COM 965063100 245 32708 SH DEFINED 01 0 245 0
WINNEBAGO INDS INC COM 974637100 244 6556 SH DEFINED 01 0 244 0
WYNDHAM INTL INC CL A 983101106 32 32405 SH DEFINED 01 0 32 0
XCEL ENERGY INC COM 98389B100 977 58475 SH DEFINED 01 0 977 0
YAMANA GOLD INC COM 98462Y100 69 32653 SH DEFINED 01 0 69 0