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, 2009
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one): [ ] is a restatement
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Intel Corporation
2200 Mission College Boulevard
Santa Clara, CA 95054-1549
Form 13F File Number: 28-04527
Person Signing this Report on Behalf of Reporting Manager:
Ravi Jacob, Vice President and Treasurer, (408) 765-1168
----------------------------------------------------------------------
ATTENTION--Intentional misstatements or omissions of facts
constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15
U.S.C. 78ff(a)
----------------------------------------------------------------------
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.
Signature, Place and Date of Signing:
/ s / Ravi Jacob Santa Clara, California
------------------------------------
August 12, 2009
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 manager(s).)
Form 13F SUMMARY PAGE
REPORTING MANAGER: INTEL CORPORATION
Report Summary:
Number of Other Included Managers: 2
Form 13F Information Table Entry Total: 339
Form 13F Information Table Value Total: $671,188,000
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.
1. Intel Capital (Cayman) Corporation
2. Intel Capital Corporation
6/30/09
FORM 13F INFORMATION TABLE
REPORTING MANAGER: INTEL CORPORATION
ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ITEM 6: ITEM 7: ITEM 8:
NAME OF ISSUER TITLE OF CUSIP FAIR MARKET SHARES OR SH/ INVESTMENT MANAGERS VOTING AUTHORITY
CLASS VALUE PRINCIPAL PRN DISCRETION (A)SOLE (B)SHARED (C)NONE
(000)
3M CO COM 88579Y101 1,553 25,834 SH SOLE 25,834
ABBOTT LABS COM 002824100 2,680 56,975 SH SOLE 56,975
ADOBE SYS INC COM 00724F101 556 19,637 SH SOLE 19,637
ADVANCED MICRO DEVICES INC COM 007903107 87 22,450 SH SOLE 22,450
AES CORP COM 00130H105 288 24,830 SH SOLE 24,830
AETNA INC COM 00817Y108 437 17,456 SH SOLE 17,456
AFLAC INC COM 001055102 548 17,629 SH SOLE 17,629
AGILENT TECHNOLOGIES INC COM 00846U101 269 13,250 SH SOLE 13,250
AIR PRODS & CHEMS INC COM 009158106 504 7,798 SH SOLE 7,798
ALCOA INC COM 013817101 311 30,105 SH SOLE 30,105
ALLERGAN INC COM 018490102 542 11,398 SH SOLE 11,398
ALLSTATE CORP COM 020002101 488 20,012 SH SOLE 20,012
ALTERA CORP COM 021441100 182 11,151 SH SOLE 11,151
ALTRIA GROUP INC COM 02209S103 1,249 76,177 SH SOLE 76,177
AMAZON.COM INC COM 023135106 990 11,830 SH SOLE 11,830
AMERICAN ELEC PWR INC COM 025537101 431 14,907 SH SOLE 14,907
AMERICAN EXPRESS CO COM 025816109 996 42,850 SH SOLE 42,850
AMERICAN INTL GROUP INC COM 026874107 115 99,348 SH SOLE 99,348
AMERICAN TOWER CORP COM 029912201 460 14,600 SH SOLE 14,600
AMERISOURCEBERGEN CORP COM 03073E105 209 11,804 SH SOLE 11,804
AMGEN INC COM 031162100 2,071 39,120 SH SOLE 39,120
AMPHENOL CORP NEW CL A 032095101 206 6,500 SH SOLE 6,500
ANADARKO PETE CORP COM 032511107 787 17,342 SH SOLE 17,342
ANALOG DEVICES INC COM 032654105 266 10,731 SH SOLE 10,731
AON CORP COM 037389103 389 10,266 SH SOLE 10,266
APACHE CORP COM 037411105 893 12,382 SH SOLE 12,382
APOLLO GROUP INC CL A 037604105 279 3,928 SH SOLE 3,928
APPLE INC COM 037833100 4,670 32,785 SH SOLE 32,785
APPLIED MATLS INC COM 038222105 546 49,600 SH SOLE 49,600
ARCHER DANIELS MIDLAND CO COM 039483102 638 23,827 SH SOLE 23,827
ASM INTERNATIONAL NV COM N07045102 4,034 274,268 SH DEFINED 2 274,268
AT & T INC COM 00206R102 5,410 217,811 SH SOLE 217,811
AUTOMATIC DATA PROCESSING COM 053015103 665 18,766 SH SOLE 18,766
AUTOZONE INC COM 053332102 234 1,551 SH SOLE 1,551
AVOCENT CORPORATION COM 053893103 2,163 154,972 SH SOLE 154,972
AVON PRODS INC COM 054303102 405 15,728 SH SOLE 15,728
BAKER HUGHES INC COM 057224107 417 11,433 SH SOLE 11,433
BANK NEW YORK MELLON CORP COM 064058100 1,242 42,365 SH SOLE 42,365
BANK OF AMERICA CORP COM 060505104 2,867 217,230 SH SOLE 217,230
BARD C R INC COM 067383109 270 3,630 SH SOLE 3,630
BAXTER INTL INC COM 071813109 1,231 23,240 SH SOLE 23,240
BB&T CORP COM 054937107 447 20,320 SH SOLE 20,320
BECTON DICKINSON & CO COM 075887109 641 8,984 SH SOLE 8,984
BED BATH & BEYOND INC COM 075896100 295 9,600 SH SOLE 9,600
BEST BUY INC COM 086516101 417 12,466 SH SOLE 12,466
BIOGEN IDEC INC COM 09062X103 483 10,691 SH SOLE 10,691
BJ SVCS CO COM 055482103 149 10,900 SH SOLE 10,900
BLOCK H & R INC COM 093671105 209 12,116 SH SOLE 12,116
BMC SOFTWARE INC COM 055921100 237 7,000 SH SOLE 7,000
BOEING CO COM 097023105 1,164 27,384 SH SOLE 27,384
BOSTON PPTYS INC COM 101121101 210 4,396 SH SOLE 4,396
BOSTON SCIENTIFIC CORP COM 101137107 562 55,447 SH SOLE 55,447
BRISTOL MYERS SQUIBB CO COM 110122108 1,486 73,182 SH SOLE 73,182
BROADCOM CORP CL A 111320107 405 16,350 SH SOLE 16,350
BURLINGTON NORTH SANTA FE COM 12189T104 768 10,442 SH SOLE 10,442
C H ROBINSON WORLDWIDE COM 12541W209 330 6,329 SH SOLE 6,329
CA INC COM 12673P105 253 14,526 SH SOLE 14,526
CAMERON INTL CORP COM 13342B105 226 8,000 SH SOLE 8,000
CAMPBELL SOUP CO COM 134429109 230 7,810 SH SOLE 7,810
CAPITAL ONE FINL CORP COM 14040H105 304 13,874 SH SOLE 13,874
CARDINAL HEALTH INC COM 14149Y108 405 13,256 SH SOLE 13,256
CARNIVAL CORP PAIRED CTF 143658300 416 16,148 SH SOLE 16,148
CATERPILLAR INC COM 149123101 743 22,480 SH SOLE 22,480
CBS CORP NEW CL B 124857202 174 25,119 SH SOLE 25,119
CELGENE CORP COM 151020104 804 16,813 SH SOLE 16,813
CENTERPOINT ENERGY INC COM 15189T107 140 12,623 SH SOLE 12,623
CHESAPEAKE ENERGY CORP COM 165167107 383 19,300 SH SOLE 19,300
CHEVRON CORPORATION COM 166764100 5,031 75,933 SH SOLE 75,933
CHUBB CORP COM 171232101 530 13,294 SH SOLE 13,294
CIGNA CORP COM 125509109 246 10,208 SH SOLE 10,208
CISCO SYS INC COM 17275R102 4,072 218,319 SH SOLE 218,319
CIT GROUP INC COM 125581108 23 10,500 SH SOLE 10,500
CITIGROUP INC COM 172967101 598 201,231 SH SOLE 201,231
CITRIX SYS INC COM 177376100 216 6,787 SH SOLE 6,787
CLEARWIRE CORP CL A 18538Q105 18,433 3,333,333 SH DEFINED 1 3,333,333
CLEARWIRE CORP CL A 18538Q105 184,333 33,333,333 SH DEFINED 2 33,333,333
CLOROX CO COM 189054109 284 5,094 SH SOLE 5,094
CME GROUP INC COM 12572Q105 783 2,517 SH SOLE 2,517
COACH INC COM 189754104 335 12,465 SH SOLE 12,465
COCA COLA CO COM 191216100 3,528 73,507 SH SOLE 73,507
COCA COLA ENTERPRISES INC COM 191219104 195 11,700 SH SOLE 11,700
COGNIZANT TECH SOLUTIONS CL A 192446102 287 10,738 SH SOLE 10,738
COLGATE PALMOLIVE CO COM 194162103 1,323 18,700 SH SOLE 18,700
COMCAST CORP NEW CL A 20030N101 1,560 107,898 SH SOLE 107,898
COMPUTER SCIENCES CORP COM 205363104 247 5,579 SH SOLE 5,579
CONAGRA FOODS INC COM 205887102 318 16,700 SH SOLE 16,700
CONOCOPHILLIPS COM 20825C104 2,365 56,225 SH SOLE 56,225
CONSOL ENERGY INC COM 20854P109 230 6,780 SH SOLE 6,780
CONSOLIDATED EDISON INC COM 209115104 377 10,079 SH SOLE 10,079
COOPER INDUSTRIES LTD COM G24182100 200 6,429 SH SOLE 6,429
CORNING INC COM 219350105 937 58,369 SH SOLE 58,369
COSTCO WHSL CORP COM 22160K105 737 16,105 SH SOLE 16,105
COVIDIEN PLC COM G2554F105 694 18,543 SH SOLE 18,543
CSX CORP COM 126408103 521 15,044 SH SOLE 15,044
CUMMINS INC COM 231021106 264 7,510 SH SOLE 7,510
CVS CAREMARK CORP COM 126650100 1,691 53,046 SH SOLE 53,046
D R HORTON INC COM 23331A109 95 10,162 SH SOLE 10,162
DANAHER CORP COM 235851102 580 9,398 SH SOLE 9,398
DEERE & CO COM 244199105 632 15,816 SH SOLE 15,816
DELL INC COM 24702R101 884 64,382 SH SOLE 64,382
DEVON ENERGY CORP COM 25179M103 888 16,296 SH SOLE 16,296
DIRECTTV GROUP INC COM 25459L106 527 21,313 SH SOLE 21,313
DISCOVER FINL SVCS COM 254709108 182 17,723 SH SOLE 17,723
DISNEY WALT CO COM 254687106 1,618 69,348 SH SOLE 69,348
DOMINION RES INC VA COM 25746U109 715 21,406 SH SOLE 21,406
DOVER CORP COM 260003108 231 6,983 SH SOLE 6,983
DOW CHEM CO COM 260543103 552 34,193 SH SOLE 34,193
DU PONT E I DE NEMOURS &CO COM 263534109 854 33,350 SH SOLE 33,350
DUKE ENERGY CORP COM 26441C105 683 46,781 SH SOLE 46,781
DYNEGY INC CL A 26817G102 42 18,685 SH SOLE 18,685
E TRADE FINANCIAL CORP COM 269246104 26 19,900 SH SOLE 19,900
EASTMAN KODAK CO COM 277461109 32 10,658 SH SOLE 10,658
EATON CORP COM 278058102 275 6,158 SH SOLE 6,158
EBAY INC COM 278642103 692 40,375 SH SOLE 40,375
ECOLAB INC COM 278865100 253 6,500 SH SOLE 6,500
EDISON INTL COM 281020107 378 12,000 SH SOLE 12,000
EL PASO CORP COM 28336L109 239 25,914 SH SOLE 25,914
ELECTRONIC ARTS COM 285512109 257 11,825 SH SOLE 11,825
EMBARQ CORP COM 29078E105 223 5,306 SH SOLE 5,306
EMC CORP MASS COM 268648102 1,002 76,491 SH SOLE 76,491
EMERSON ELEC CO COM 291011104 929 28,684 SH SOLE 28,684
ENTERGY CORP COM 29364G103 547 7,062 SH SOLE 7,062
ENTROPIC COMMUNICATIONS COM 29384R105 2,215 984,636 SH DEFINED 1 984,636
EOG RES INC COM 26875P101 627 9,235 SH SOLE 9,235
EQUITY RESIDENTIAL COM 29476L107 222 10,002 SH SOLE 10,002
EXELON CORP COM 30161N101 1,246 24,331 SH SOLE 24,331
EXPEDITORS INTL WASH INC COM 302130109 263 7,900 SH SOLE 7,900
EXPRESS SCRIPTS INC COM 302182100 626 9,106 SH SOLE 9,106
EXXON MOBIL CORP COM 30231G102 13,420 191,964 SH SOLE 191,964
FEDEX CORP COM 31428X106 642 11,543 SH SOLE 11,543
FIFTH THIRD BANCORP COM 316773100 151 21,333 SH SOLE 21,333
FIRSTENERGY CORP COM 337932107 438 11,301 SH SOLE 11,301
FISERV INC COM 337738108 275 6,022 SH SOLE 6,022
FLUOR CORP COM 343412102 337 6,574 SH SOLE 6,574
FORD MTR CO COM PAR $0.01 345370860 507 83,574 SH SOLE 83,574
FOREST LABS INC CL A 345838106 284 11,310 SH SOLE 11,310
FPL GROUP INC COM 302571104 858 15,082 SH SOLE 15,082
FRANKLIN RES INC COM 354613101 407 5,658 SH SOLE 5,658
FREEPORT MCMORAN CPR&GOLD COM 35671D857 710 14,177 SH SOLE 14,177
FRONTIER COMMUNICATIONS COM 35906A108 84 11,700 SH SOLE 11,700
GAP INC COM 364760108 285 17,361 SH SOLE 17,361
GENERAL DYNAMICS CORP COM 369550108 811 14,642 SH SOLE 14,642
GENERAL ELEC CO COM 369604103 4,309 367,683 SH SOLE 367,683
GENERAL MLS INC COM 370334104 696 12,416 SH SOLE 12,416
GENWORTH FINL INC COM 37247D106 112 16,000 SH SOLE 16,000
GENZYME CORP COM 372917104 552 9,917 SH SOLE 9,917
GILEAD SCIENCES INC COM 375558103 1,594 34,032 SH SOLE 34,032
GOLDMAN SACHS GROUP INC COM 38141G104 2,365 16,040 SH SOLE 16,040
GOODRICH CORP COM 382388106 231 4,620 SH SOLE 4,620
GOOGLE INC CL A 38259P508 3,725 8,836 SH SOLE 8,836
HALLIBURTON CO COM 406216101 671 32,426 SH SOLE 32,426
HARTFORD FINL SVCS GRP COM 416515104 133 11,165 SH SOLE 11,165
HEINZ H J CO COM 423074103 411 11,500 SH SOLE 11,500
HERSHEY COMPANY COM 427866108 220 6,100 SH SOLE 6,100
HESS CORP COM 42809H107 564 10,484 SH SOLE 10,484
HEWLETT PACKARD CO COM 428236103 3,499 90,542 SH SOLE 90,542
HOME DEPOT INC COM 437076102 1,483 62,740 SH SOLE 62,740
HONEYWELL INTL INC COM 438516106 864 27,509 SH SOLE 27,509
HOSPIRA INC COM 441060100 225 5,854 SH SOLE 5,854
HOST HOTELS & RESORTS COM 44107P104 161 19,249 SH SOLE 19,249
HUDSON CITY BANCORP INC COM 443683107 255 19,194 SH SOLE 19,194
HUMANA INC COM 444859102 203 6,283 SH SOLE 6,283
HUNTINGTON BANCSHARES COM 446150104 56 13,506 SH SOLE 13,506
IBM CORP COM 459200101 5,231 50,097 SH SOLE 50,097
ILLINOIS TOOL WKS INC COM 452308109 550 14,741 SH SOLE 14,741
INGERSOLL-RAND PLC COM G4776G101 246 11,751 SH SOLE 11,751
INTELLON CORPORATION COM 45816W504 572 134,698 SH DEFINED 1 134,698
INTELLON CORPORATION COM 45816W504 350 82,424 SH DEFINED 2 82,424
INTERCONTINENTAL EXCH INC COM 45865V100 320 2,801 SH SOLE 2,801
INTERNATIONAL GAME TECH COM 459902102 181 11,400 SH SOLE 11,400
INTERNATIONAL PAPER CO COM 460146103 239 15,805 SH SOLE 15,805
INTERPUBLIC GROUP COS INC COM 460690100 89 17,644 SH SOLE 17,644
INTUIT COM 461202103 335 11,900 SH SOLE 11,900
INTUITIVE SURGICAL INC COM 46120E602 229 1,400 SH SOLE 1,400
INVESCO LTD COM G491BT108 255 14,300 SH SOLE 14,300
ITT CORP COM 450911102 300 6,735 SH SOLE 6,735
JC PENNEY CO INC COM 708160106 236 8,228 SH SOLE 8,228
JOHNSON & JOHNSON COM 478160104 5,865 103,262 SH SOLE 103,262
JOHNSON CTLS INC COM 478366107 476 21,938 SH SOLE 21,938
JPMORGAN CHASE & CO COM 46625H100 4,644 136,135 SH SOLE 136,135
JUNIPER NETWORKS INC COM 48203R104 473 20,054 SH SOLE 20,054
KELLOGG CO COM 487836108 432 9,275 SH SOLE 9,275
KEYCORP COM 493267108 96 18,284 SH SOLE 18,284
KIMBERLY CLARK CORP COM 494368103 805 15,360 SH SOLE 15,360
KOHLS CORP COM 500255104 482 11,269 SH SOLE 11,269
KRAFT FOODS INC CL A 50075N104 1,422 56,103 SH SOLE 56,103
KROGER CO COM 501044101 534 24,234 SH SOLE 24,234
L-3 COMMUNICATIONS HLDGS COM 502424104 309 4,449 SH SOLE 4,449
LABORATORY CORP AMER HLDGS COM 50540R409 278 4,100 SH SOLE 4,100
LILLY ELI & CO COM 532457108 1,282 37,014 SH SOLE 37,014
LIMITED BRANDS INC COM 532716107 126 10,507 SH SOLE 10,507
LOCKHEED MARTIN CORP COM 539830109 994 12,331 SH SOLE 12,331
LOEWS CORP COM 540424108 366 13,345 SH SOLE 13,345
LORILLARD INC COM 544147101 434 6,400 SH SOLE 6,400
LOWES COS INC COM 548661107 1,051 54,162 SH SOLE 54,162
LSI CORP COM 502161102 108 23,743 SH SOLE 23,743
MACYS INC COM 55616P104 183 15,546 SH SOLE 15,546
MARATHON OIL CORP COM 565849106 786 26,081 SH SOLE 26,081
MARRIOTT INTL INC NEW CL A 571903202 242 10,973 SH SOLE 10,973
MARSH & MCLENNAN COS INC COM 571748102 382 18,961 SH SOLE 18,961
MASCO CORP COM 574599106 128 13,350 SH SOLE 13,350
MASTERCARD INC CL A 57636Q104 452 2,700 SH SOLE 2,700
MATTEL INC COM 577081102 215 13,375 SH SOLE 13,375
MCDONALDS CORP COM 580135101 2,392 41,611 SH SOLE 41,611
MCGRAW HILL COS INC COM 580645109 353 11,731 SH SOLE 11,731
MCKESSON CORP COM 58155Q103 448 10,183 SH SOLE 10,183
MEDCO HEALTH SOLUTIONS INC COM 58405U102 850 18,644 SH SOLE 18,644
MEDTRONIC INC COM 585055106 1,456 41,730 SH SOLE 41,730
MERCK & CO INC COM 589331107 2,213 79,145 SH SOLE 79,145
METLIFE INC COM 59156R108 763 25,410 SH SOLE 25,410
MICRON TECHNOLOGY INC COM 595112103 142 28,100 SH SOLE 28,100
MICRON TECHNOLOGY INC COM 595112103 54,300 10,731,145 SH DEFINED 1 10,731,145
MICROSOFT CORP COM 594918104 6,898 290,190 SH SOLE 290,190
MOLSON COORS BREWING CO CL B 60871R209 234 5,520 SH SOLE 5,520
MONSANTO CO NEW COM 61166W101 1,508 20,286 SH SOLE 20,286
MORGAN STANLEY COM 617446448 1,169 40,986 SH SOLE 40,986
MOTOROLA INC COM 620076109 555 83,734 SH SOLE 83,734
MURPHY OIL CORP COM 626717102 380 7,000 SH SOLE 7,000
MYLAN INC COM 628530107 147 11,300 SH SOLE 11,300
NABORS INDUSTRIES LTD COM G6359F103 162 10,400 SH SOLE 10,400
NATIONAL OILWELL VARCO COM 637071101 505 15,456 SH SOLE 15,456
NETAPP INC COM 64110D104 239 12,100 SH SOLE 12,100
NEWELL RUBBERMAID INC COM 651229106 106 10,224 SH SOLE 10,224
NEWMONT MINING CORP HLDG COM 651639106 691 16,896 SH SOLE 16,896
NEWS CORPORATION CL A 65248E104 773 84,848 SH SOLE 84,848
NIKE INC CL B 654106103 748 14,453 SH SOLE 14,453
NISOURCE INC COM 65473P105 118 10,094 SH SOLE 10,094
NOBLE CORPORATION BAAR COM H5833N103 302 9,990 SH SOLE 9,990
NOBLE ENERGY INC COM 655044105 377 6,400 SH SOLE 6,400
NORFOLK SOUTHN CORP COM 655844108 522 13,850 SH SOLE 13,850
NORTHERN TR CORP COM 665859104 441 8,211 SH SOLE 8,211
NORTHROP GRUMMAN CORP COM 666807102 571 12,503 SH SOLE 12,503
NOVELL INC COM 670006105 58 12,794 SH SOLE 12,794
NUCOR CORP COM 670346105 519 11,690 SH SOLE 11,690
NVIDIA CORP COM 67066G104 233 20,607 SH SOLE 20,607
NYSE EURONEXT COM 629491101 267 9,800 SH SOLE 9,800
OCCIDENTAL PETE CORP COM 674599105 1,986 30,181 SH SOLE 30,181
OFFICE DEPOT INC COM 676220106 46 10,144 SH SOLE 10,144
OMNICOM GROUP INC COM 681919106 371 11,748 SH SOLE 11,748
OPNEXT, INC COM 68375V105 1,921 897,750 SH DEFINED 1 897,750
ORACLE CORPORATION COM 68389X105 3,103 144,887 SH SOLE 144,887
PACCAR INC COM 693718108 436 13,458 SH SOLE 13,458
PARKER HANNIFIN CORP COM 701094104 267 6,225 SH SOLE 6,225
PAYCHEX INC COM 704326107 299 11,875 SH SOLE 11,875
PEABODY ENERGY CORP COM 704549104 304 10,082 SH SOLE 10,082
PEPSICO INC COM 713448108 3,183 57,913 SH SOLE 57,913
PFIZER INC COM 717081103 3,738 249,198 SH SOLE 249,198
PG&E CORP COM 69331C108 509 13,253 SH SOLE 13,253
PHILIP MORRIS INTL INC COM 718172109 3,323 76,177 SH SOLE 76,177
PNC FINANCIAL SERV GRP COM 693475105 541 13,946 SH SOLE 13,946
PPG INDS INC COM 693506107 264 6,021 SH SOLE 6,021
PPL CORP COM 69351T106 455 13,800 SH SOLE 13,800
PRAXAIR INC COM 74005P104 828 11,644 SH SOLE 11,644
PRECISION CASTPARTS CORP COM 740189105 378 5,175 SH SOLE 5,175
PRICE T ROWE GROUP INC COM 74144T108 400 9,600 SH SOLE 9,600
PROCTER & GAMBLE CO COM 742718109 5,730 112,127 SH SOLE 112,127
PROGRESS ENERGY INC COM 743263105 365 9,644 SH SOLE 9,644
PROGRESSIVE CORP OHIO COM 743315103 377 24,933 SH SOLE 24,933
PRUDENTIAL FINL INC COM 744320102 587 15,765 SH SOLE 15,765
PUBLIC STORAGE COM 74460D109 301 4,600 SH SOLE 4,600
PUBLIC SVC ENTERPRISE GRP COM 744573106 612 18,754 SH SOLE 18,754
QUALCOMM INC COM 747525103 2,740 60,623 SH SOLE 60,623
QUEST DIAGNOSTICS INC COM 74834L100 327 5,800 SH SOLE 5,800
QUESTAR CORP COM 748356102 200 6,430 SH SOLE 6,430
QWEST COMMUNICATIONS INTL COM 749121109 228 54,860 SH SOLE 54,860
RANGE RES CORP COM 75281A109 236 5,700 SH SOLE 5,700
RAYTHEON CO COM 755111507 683 15,383 SH SOLE 15,383
REGIONS FINL CORP COM 7591EP100 104 25,705 SH SOLE 25,705
REYNOLDS AMERN INC COM 761713106 242 6,275 SH SOLE 6,275
ROCKWELL COLLINS INC COM 774341101 247 5,915 SH SOLE 5,915
SAFEWAY INC COM 786514208 327 16,047 SH SOLE 16,047
SARA LEE CORP COM 803111103 255 26,150 SH SOLE 26,150
SCHERING PLOUGH CORP COM 806605101 1,508 60,044 SH SOLE 60,044
SCHLUMBERGER LTD COM 806857108 2,398 44,321 SH SOLE 44,321
SCHWAB CHARLES CORP COM 808513105 605 34,505 SH SOLE 34,505
SEMPRA ENERGY COM 816851109 453 9,129 SH SOLE 9,129
SIGMA ALDRICH CORP COM 826552101 230 4,639 SH SOLE 4,639
SIMON PPTY GROUP INC COM 828806109 444 8,637 SH SOLE 8,637
SLM CORP COM 78442P106 178 17,291 SH SOLE 17,291
SMITH INTL INC COM 832110100 204 7,937 SH SOLE 7,937
SOUTHERN CO COM 842587107 888 28,499 SH SOLE 28,499
SOUTHWEST AIRLS CO COM 844741108 183 27,171 SH SOLE 27,171
SOUTHWESTERN ENERGY CO COM 845467109 493 12,700 SH SOLE 12,700
SPECTRA ENERGY CORP COM 847560109 384 22,713 SH SOLE 22,713
SPRINT NEXTEL CORP COM SER 1 852061100 508 105,534 SH SOLE 105,534
ST JUDE MED INC COM 790849103 518 12,603 SH SOLE 12,603
STAPLES INC COM 855030102 530 26,275 SH SOLE 26,275
STARBUCKS CORP COM 855244109 375 27,000 SH SOLE 27,000
STATE STREET CORP COM 857477103 753 15,958 SH SOLE 15,958
STRYKER CORP COM 863667101 364 9,163 SH SOLE 9,163
SUN MICROSYSTEMS INC COM 866810203 256 27,817 SH SOLE 27,817
SUNTRUST BKS INC COM 867914103 215 13,097 SH SOLE 13,097
SYMANTEC CORP COM 871503108 484 31,060 SH SOLE 31,060
SYSCO CORP COM 871829107 501 22,300 SH SOLE 22,300
TARGET CORP COM 87612E106 1,099 27,854 SH SOLE 27,854
TELLABS INC COM 879664100 84 14,700 SH SOLE 14,700
TENET HEALTHCARE CORP COM 88033G100 43 15,374 SH SOLE 15,374
TEXAS INSTRS INC COM 882508104 1,033 48,500 SH SOLE 48,500
THERMO FISHER SCIENTIFIC COM 883556102 632 15,495 SH SOLE 15,495
TIME WARNER CABLE INC COM 88732J207 351 11,077 SH SOLE 11,077
TIME WARNER INC NEW COM 887317303 1,112 44,130 SH SOLE 44,130
TJX COS INC COM 872540109 488 15,500 SH SOLE 15,500
TRANSOCEAN LTD ZUG NAMEN-AKT COM H8817H100 877 11,803 SH SOLE 11,803
TRAVELERS COS INC COM 89417E109 894 21,794 SH SOLE 21,794
TYCO ELECTRONICS LTD COM H8912P106 324 17,444 SH SOLE 17,444
TYCO INTERNATIONAL LTD COM H89128104 456 17,542 SH SOLE 17,542
TYSON FOODS INC CL A 902494103 140 11,128 SH SOLE 11,128
UNION PAC CORP COM 907818108 980 18,828 SH SOLE 18,828
UNISYS CORP COM 909214108 20 13,300 SH SOLE 13,300
UNITED PARCEL SVC INC CL B 911312106 1,864 37,287 SH SOLE 37,287
UNITED TECHNOLOGIES CORP COM 913017109 1,855 35,693 SH SOLE 35,693
UNITEDHEALTH GROUP INC COM 91324P102 1,124 45,015 SH SOLE 45,015
UNUM GROUP COM 91529Y106 202 12,721 SH SOLE 12,721
US BANCORP DEL COM NEW 902973304 1,154 64,407 SH SOLE 64,407
VALERO ENERGY CORP COM 91913Y100 327 19,387 SH SOLE 19,387
VERIZON COMMUNICATIONS COM 92343V104 3,234 105,252 SH SOLE 105,252
VIACOM INC NEW CL B 92553P201 520 22,913 SH SOLE 22,913
VMWARE, INC COM A 928563402 129,533 4,750,000 SH DEFINED 2 4,750,000
VORNADO RLTY TR COM 929042109 233 5,171 SH SOLE 5,171
WAL MART STORES INC COM 931142103 4,017 82,925 SH SOLE 82,925
WALGREEN CO COM 931422109 1,075 36,550 SH SOLE 36,550
WASTE MGMT INC COM 94106L109 511 18,135 SH SOLE 18,135
WEATHERFORD INT'L LTD COM H27013103 491 25,124 SH SOLE 25,124
WELLPOINT INC COM 94973V107 961 18,892 SH SOLE 18,892
WELLS FARGO & CO COM 949746101 3,353 138,212 SH SOLE 138,212
WENDYS / ARBYS GROUP INC COM 950587105 42 10,569 SH SOLE 10,569
WESTERN UN CO COM 959802109 442 26,929 SH SOLE 26,929
WEYERHAEUSER CO COM 962166104 237 7,790 SH SOLE 7,790
WILLIAMS COS INC COM 969457100 332 21,262 SH SOLE 21,262
WINDSTREAM CORP COM 97381W104 136 16,254 SH SOLE 16,254
WYETH COM 983024100 2,239 49,328 SH SOLE 49,328
XCEL ENERGY INC COM 98389B100 303 16,453 SH SOLE 16,453
XEROX CORP COM 984121103 209 32,200 SH SOLE 32,200
XILINX INC COM 983919101 208 10,179 SH SOLE 10,179
XL CAP LTD CL A COM G98255105 132 11,500 SH SOLE 11,500
XTO ENERGY INC COM 98385X106 774 20,305 SH SOLE 20,305
YAHOO INC COM 984332106 802 51,219 SH SOLE 51,219
YUM BRANDS INC COM 988498101 579 17,365 SH SOLE 17,365
ZIMMER HLDGS INC COM 98956P102 353 8,289 SH SOLE 8,289