UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 12/31/2004
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: Marshall & Ilsley Corporation
Address: 770 North Water Street
Milwaukee, WI 53202
Form 13F File Number: 28-272
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: R. J. Erickson
Title: Senior Vice President & General Counsel
Phone: 414-765-7809
Signature, Place, and Date of Signing:
/s/ R. J. Erickson
___________________________ Milwaukee, WI 2/01/2005
[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: 3
Form 13F Information Table Entry Total: 1,229
Form 13F Information Table Value Total: $ 3,931,300
(thousands)
List of Other Included Mangers:
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.
[If there are no entries in this list, state "NONE" and omit the column
headings and list entries.]
No. Form 13F File Number Name
-- -------------------- -------------------------------------
01 28-7680 Marshall & Ilsley Trust Company N.A.
(formerly known as M&I National
Trust Company and successor to
Marshall & Ilsley Trust Company,
13F file no. 28-273;
Marshall & Ilsley Trust Company of
Florida, 13F file no. 28-4318; and
Marshall & Ilsley Trust Company of
Arizona, SEC file no. 28-4316)
05 28-274 M&I Investment Management Corp.
06 28-6060 Attorney Harrold J. McComas
MARSHALL & ILSLEY TRUST CO N.A.
SECURITIES AND EXCHANGE COMMISSION FORM 13F
ASSETS AS OF 12/31/04
- - - COLUMN 1 - - - COLUMN 2 - - - - - COLUMN 3 - COLUMN 4 - COLUMN 5 COLUMN 6 COLUMN 7 - - - - - - - - - COLUMN 8 - - - -
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INVESTMENT DISCR VOTING AUTHORITY
TITLE MARKET -------------------- --------------------------
OF VALUE SHRS OR SH/PUT/SOLE SHR OTHROTHE SOLE SHARED NONE
NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL(A) (B) (C) MGRS (A) (B) (C)
----------------------------------------------------------------------------------------------------------------------------
ACE LTD ORD G0070K103 9,399 219,868 SH X 1 219,868
ACE LTD ORD G0070K103 10 238 SH X 1 238
AMDOCS LTD ORD G02602103 3,447 131,320 SH X 1 131,320
COOPER INDS LTD CL A G24182100 1,177 17,328 SH X X 1 17,139 189
INGERSOLL-RAND COMPANY CL A G4776G101 1,434 17,860 SH X 1 17,836 24
INGERSOLL-RAND COMPANY CL A G4776G101 62 773 SH X 1 773
NABORS INDUSTRIES LTD SHS G6359F103 1,259 24,549 SH X 1 24,504 45
NABORS INDUSTRIES LTD SHS G6359F103 9 174 SH X 1 174
NOBLE CORPORATION SHS G65422100 11,082 222,807 SH X 1 222,807
NOBLE CORPORATION SHS G65422100 2 41 SH X 1 41
ORIENT-EXPRESS HOTELS CL A G67743107 261 12,700 SH X 1 12,700
PARTNERRE LTD COM G6852T105 11,039 178,227 SH X 1 178,227
RENAISSANCERE HLDNGS COM G7496G103 5,115 98,216 SH X 1 98,216
TRANSOCEAN INC ORD G90078109 1,293 30,503 SH X 1 30,353 150
TRANSOCEAN INC ORD G90078109 180 4,249 SH X 1 4,249
XL CAP LTD CL A G98255105 909 11,700 SH X 1 11,700
UBS AG NAMEN AKT H8920M855 181 2,160 SH X 1 2,160
UBS AG NAMEN AKT H8920M855 151 1,800 SH X 1 1,800
ROYAL CARIBBEAN CRSES COM V7780T103 3,966 72,860 SH X 1 72,860
ROYAL CARIBBEAN CRSES COM V7780T103 16 302 SH X 1 302
FLEXTRONICS INTL LTD ORD Y2573F102 238 17,215 SH X 1 12,185 5,030
FLEXTRONICS INTL LTD ORD Y2573F102 14 980 SH X 1 980
AAR CORP COM 000361105 216 15,867 SH X 1 15,867
AFLAC INC COM 001055102 383 9,626 SH X 1 9,464 87 75
AFLAC INC COM 001055102 105 2,631 SH X 1 1,600 1,031
AES CORP COM 00130H105 527 38,542 SH X 1 38,291 251
AES CORP COM 00130H105 20 1,463 SH X 1 1,463
AMDL INC COM PAR $0.001 00167K401 8 10,000 SH X 1 10,000
ABBOTT LABS COM 002824100 20,426 437,848 SH X 1 393,725 26,322 17,801
ABBOTT LABS COM 002824100 3,657 78,388 SH X 1 6 9,100 63,358 5,930
ACACIA RESH CORP ACACIA TCH COM 003881307 1,262 238,060 SH X 1 237,320 740
ACETO CORP COM 004446100 2,260 118,940 SH X 1 118,580 360
ACTIVISION INC NEW COM NEW 004930202 7,042 348,949 SH X 1 348,949
ADESA INC COM 00686U104 11,399 537,192 SH X 1 537,192
ADESA INC COM 00686U104 31 1,460 SH X 1 1,460
ADOBE SYS INC COM 00724F101 585 9,325 SH X 1 9,185 65 75
ADOBE SYS INC COM 00724F101 22 347 SH X 1 347
ADVANCED MICRO DVCS COM 007903107 2,220 100,833 SH X 1 100,833
ADVANCED MICRO DVCS COM 007903107 15 673 SH X 1 673
AETNA INC NEW COM 00817Y108 5,396 43,251 SH X 1 43,239 12
AETNA INC NEW COM 00817Y108 548 4,392 SH X 1 4,392
AFFILIATED CMPTR SRVCS CL A 008190100 3,931 65,310 SH X 1 65,310
AFFILIATED CMPTR SRVCS CL A 008190100 13 208 SH X 1 208
AIR PRODS & CHEMS INC COM 009158106 686 11,831 SH X 1 10,031 800 1,000
AIR PRODS & CHEMS INC COM 009158106 1,117 19,268 SH X 1 10,000 9,268
AIRGAS INC COM 009363102 211 7,968 SH X 1 7,968
ALBERTO CULVER CO COM 013068101 252 5,197 SH X 1 5,197
ALBERTO CULVER CO COM 013068101 4 82 SH X 1 82
ALBERTSONS INC COM 013104104 2,797 117,112 SH X 1 116,814 298
ALBERTSONS INC COM 013104104 113 4,740 SH X 1 6 4,740
ALCOA INC COM 013817101 14,048 447,119 SH X 1 431,239 9,110 6,770
ALCOA INC COM 013817101 1,826 58,120 SH X 1 6 3,522 54,528 70
ALLEGHENY ENERGY INC COM 017361106 1,284 65,145 SH X 1 65,036 109
ALLEGHENY ENERGY INC COM 017361106 6 290 SH X 1 290
ALLIANCE DATA SYS CORP COM 018581108 3,373 71,048 SH X 1 71,048
ALLIANT ENERGY CORP COM 018802108 2,398 83,829 SH X 1 83,085 744
ALLIANT ENERGY CORP COM 018802108 206 7,214 SH X 1 7,214
ALLSTATE CORP COM 020002101 3,139 60,689 SH X 1 60,254 435
ALLSTATE CORP COM 020002101 633 12,242 SH X 1 200 12,042
ALLTEL CORP COM 020039103 10,515 178,955 SH X 1 168,955 10,000
ALLTEL CORP COM 020039103 50 844 SH X 1 844
ALTERA CORP COM 021441100 194 9,396 SH X 1 9,306 90
ALTERA CORP COM 021441100 12 575 SH X 1 575
ALTRIA GROUP INC COM 02209S103 87,111 1,425,705 SH X 1 1,414,877 3,096 7,732
ALTRIA GROUP INC COM 02209S103 13,045 213,510 SH X 1 2,300 211,210
AMBAC FINL GROUP INC COM 023139108 297 3,618 SH X 1 3,582 36
AMBAC FINL GROUP INC COM 023139108 13 154 SH X 1 154
AMCOL INTL CORP COM 02341W103 9 441 SH X 1 441
AMCOL INTL CORP COM 02341W103 729 36,287 SH X 1 36,287
AMEDISYS INC COM 023436108 3,184 98,290 SH X 1 97,990 300
AMEREN CORP COM 023608102 3,201 63,835 SH X 1 61,692 2,143
AMEREN CORP COM 023608102 110 2,188 SH X 1 6 475 1,713
AMCORE FINL INC COM 023912108 262 8,142 SH X 1 8,142
AMCORE FINL INC COM 023912108 492 15,297 SH X 1 15,297
AMERICAN EAGLE OUTFTRS COM 02553E106 1,031 21,896 SH X 1 21,896
AMERICAN EAGLE OUTFTRS COM 02553E106 4 95 SH X 1 95
AMERICAN ELEC PWR INC COM 025537101 4,700 136,877 SH X 1 136,592 285
AMERICAN ELEC PWR INC COM 025537101 139 4,044 SH X 1 6 461 3,583
AMERICAN EXPRESS CO COM 025816109 13,288 235,732 SH X 1 218,718 4,335 12,679
AMERICAN EXPRESS CO COM 025816109 2,210 39,197 SH X 1 6 9,025 30,072 100
AMERICAN HEALTHWAYS COM 02649V104 3,269 98,932 SH X 1 98,632 300
AMERICAN INTL GROUP COM 026874107 18,943 288,463 SH X 1 266,110 10,317 12,036
AMERICAN INTL GROUP COM 026874107 3,153 48,008 SH X 1 6 9,712 38,296
AMERICAN PWR CNVRSN COM 029066107 213 9,939 SH X 1 9,833 106
AMERICAN PWR CNVRSN COM 029066107 9 435 SH X 1 435
AMERICAN STD COS INC COM 029712106 429 10,384 SH X 1 10,318 66
AMERICAN STD COS INC COM 029712106 19 448 SH X 1 448
AMERISOURCEBERGEN CORP COM 03073E105 13,385 228,108 SH X 1 228,108
AMERISOURCEBERGEN CORP COM 03073E105 2 31 SH X 1 31
AMERITRADE HLDG CORP COM 03074K100 137 9,600 SH X 1 9,600
AMERITRADE HLDG CORP COM 03074K100 9 600 SH X 1 600
MARSHALL & ILSLEY TRUST CO N.A.
SECURITIES AND EXCHANGE COMMISSION FORM 13F
ASSETS AS OF 12/31/04
- - - COLUMN 1 - - - COLUMN 2 - - - - - COLUMN 3 - COLUMN 4 - COLUMN 5 COLUMN 6 COLUMN 7 - - - - - - - - - COLUMN 8 - - - -
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INVESTMENT DISCR VOTING AUTHORITY
TITLE MARKET -------------------- --------------------------
OF VALUE SHRS OR SH/PUT/SOLE SHR OTHROTHE SOLE SHARED NONE
NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL(A) (B) (C) MGRS (A) (B) (C)
----------------------------------------------------------------------------------------------------------------------------
AMES NATL CORP COM 031001100 3,452 42,886 SH X 1 42,886
AMGEN INC COM 031162100 16,132 251,469 SH X 1 244,755 3,569 3,145
AMGEN INC COM 031162100 2,929 45,651 SH X 1 6 660 44,991
AMSOUTH BANCORPORATION COM 032165102 4,109 158,637 SH X 1 158,001 636
AMSOUTH BANCORPORATION COM 032165102 29 1,134 SH X 1 6 1,134
AMYLIN PHARMACEUTICALS COM 032346108 4,889 209,310 SH X 1 209,020 290
ANADARKO PETE CORP COM 032511107 7,588 117,074 SH X 1 114,843 1,621 610
ANADARKO PETE CORP COM 032511107 1,034 15,956 SH X 1 6 550 15,406
ANALOG DEVICES INC COM 032654105 5,803 157,165 SH X 1 152,006 19 5,140
ANALOG DEVICES INC COM 032654105 376 10,180 SH X 1 6 9,180 1,000
ANCHOR BANCORP WIS INC COM 032839102 3,135 107,561 SH X 1 107,561
ANCHOR BANCORP WIS INC COM 032839102 798 27,380 SH X 1 27,380
ANDREW CORP COM 034425108 188 13,769 SH X 1 13,304 465
ANDREW CORP COM 034425108 8 586 SH X 1 586
ANHEUSER BUSCH COS INC COM 035229103 3,363 66,288 SH X 1 62,899 98 3,291
ANHEUSER BUSCH COS INC COM 035229103 2,181 43,001 SH X 1 27,482 15,119 400
ANIXTER INTL INC COM 035290105 947 26,309 SH X 1 26,239 70
AON CORP COM 037389103 151 6,330 SH X 1 6,330
AON CORP COM 037389103 120 5,029 SH X 1 5,029
APACHE CORP COM 037411105 816 16,130 SH X 1 15,973 32 125
APACHE CORP COM 037411105 150 2,962 SH X 1 2,962
APOLLO GROUP INC CL A 037604105 698 8,650 SH X 1 8,613 37
APOLLO GROUP INC CL A 037604105 25 306 SH X 1 306
APPLE COMPUTER INC COM 037833100 10,041 155,922 SH X 1 152,392 3,530
APPLE COMPUTER INC COM 037833100 47 727 SH X 1 70 657
APRIA HEALTHCARE GROUP COM 037933108 11,282 342,387 SH X 1 342,387
APPLIED MATLS INC COM 038222105 6,877 402,146 SH X 1 381,377 3,785 16,984
APPLIED MATLS INC COM 038222105 686 40,096 SH X 1 6 2,855 37,241
ARCH COAL INC COM 039380100 9,041 254,400 SH X 1 254,400
ARCHER DANIELS MIDLAND COM 039483102 2,689 120,511 SH X 1 120,511
ARCHER DANIELS MIDLAND COM 039483102 22 978 SH X 1 978
ARM HLDGS PLC SPONSORED ADR 042068106 125 20,200 SH X 1 20,200
ARVINMERITOR INC COM 043353101 647 28,901 SH X 1 28,901
ARVINMERITOR INC COM 043353101 1 49 SH X 1 49
ASHLAND INC COM 044204105 1,753 30,023 SH X 1 29,972 51
ASHLAND INC COM 044204105 2 37 SH X 1 37
ASK JEEVES INC COM 045174109 5,468 204,420 SH X 1 204,120 300
ASSOCIATED BANC CORP COM 045487105 8,185 246,312 SH X 1 237,618 4,272 4,422
ASSOCIATED BANC CORP COM 045487105 3,838 115,489 SH X 1 2,166 113,323
AUTODESK INC COM 052769106 11,225 295,794 SH X 1 295,794
AUTODESK INC COM 052769106 41 1,070 SH X 1 1,070
AUTOLIV INC COM 052800109 3,171 65,660 SH X 1 65,660
AUTOLIV INC COM 052800109 33 678 SH X 1 613 65
AUTOMATIC DATA PRCSNG COM 053015103 864 19,490 SH X 1 19,435 55
AUTOMATIC DATA PRCSNG COM 053015103 513 11,564 SH X 1 11,564
AUTOZONE INC COM 053332102 378 4,142 SH X 1 3,970 22 150
AUTOZONE INC COM 053332102 20 216 SH X 1 216
AVAYA INC COM 053499109 625 36,317 SH X 1 36,259 58
AVAYA INC COM 053499109 26 1,490 SH X 1 21 1,469
AVERY DENNISON CORP COM 053611109 101 1,678 SH X 1 1,678
AVERY DENNISON CORP COM 053611109 144 2,400 SH X 1 2,400
AVID TECHNOLOGY INC COM 05367P100 3,866 62,601 SH X 1 62,411 190
AVID TECHNOLOGY INC COM 05367P100 5 78 SH X 1 78
AVON PRODS INC COM 054303102 298 7,698 SH X 1 7,689 9
AVON PRODS INC COM 054303102 11 277 SH X 1 277
BB&T CORP COM 054937107 8,231 195,750 SH X 1 194,681 51 1,018
BB&T CORP COM 054937107 72 1,710 SH X 1 6 1,710
BISYS GROUP INC COM 055472104 10,829 658,272 SH X 1 658,272
BP PLC SPONSORED ADR 055622104 10,789 184,744 SH X 1 169,055 7,599 8,090
BP PLC SPONSORED ADR 055622104 5,317 91,044 SH X 1 6 9,814 78,440 2,790
BMC SOFTWARE INC COM 055921100 8,007 430,471 SH X 1 430,471
BMC SOFTWARE INC COM 055921100 58 3,105 SH X 1 3,105
BADGER METER INC COM 056525108 18,834 628,820 SH X 1 54,974 573,846
BADGER METER INC COM 056525108 455 15,200 SH X 1 800 14,400
BAKERS FOOTWEAR GROUP COM 057465106 376 37,077 SH X 1 37,077
BANCO SANTANDER CENT H ADR 05964H105 143 11,550 SH X 1 11,550
BANCO SANTANDER CENT H ADR 05964H105 5 430 SH X 1 430
BANK OF AMERICA CORP COM 060505104 56,702 1,206,692 SH X 1 1,194,322 4,638 7,732
BANK OF AMERICA CORP COM 060505104 3,248 69,114 SH X 1 6 4,522 64,592
BANK MUTUAL CORP NEW COM 063750103 265 21,798 SH X 1 21,798
BANK MUTUAL CORP NEW COM 063750103 212 17,390 SH X 1 17,390
BANK NEW YORK INC COM 064057102 1,374 41,119 SH X 1 37,412 3,707
BANK NEW YORK INC COM 064057102 526 15,740 SH X 1 2,050 7,940 5,750
BANTA CORP COM 066821109 217 4,851 SH X 1 4,851
BANTA CORP COM 066821109 45 1,000 SH X 1 1,000
BARD C R INC COM 067383109 1,652 25,819 SH X 1 25,765 54
BARD C R INC COM 067383109 1,408 22,010 SH X 1 16,400 5,610
BARRICK GOLD CORP COM 067901108 9 376 SH X 1 376
BARRICK GOLD CORP COM 067901108 212 8,754 SH X 1 8,754
BARR PHARMACEUTICALS COM 068306109 5,283 115,999 SH X 1 115,999
BAUSCH & LOMB INC COM 071707103 9,629 149,380 SH X 1 149,380
BAUSCH & LOMB INC COM 071707103 11 167 SH X 1 167
BAXTER INTL INC COM 071813109 6,972 201,865 SH X 1 199,285 1,000 1,580
BAXTER INTL INC COM 071813109 401 11,614 SH X 1 2,112 9,502
BEAR STEARNS COS INC COM 073902108 318 3,110 SH X 1 3,110
BEAR STEARNS COS INC COM 073902108 12 120 SH X 1 120
BECTON DICKINSON & CO COM 075887109 336 5,912 SH X 1 5,872 40
BECTON DICKINSON & CO COM 075887109 34 597 SH X 1 597
BED BATH & BEYOND INC COM 075896100 2,799 70,268 SH X 1 70,228 40
BED BATH & BEYOND INC COM 075896100 273 6,861 SH X 1 6,861
BELLSOUTH CORP COM 079860102 19,576 704,432 SH X 1 689,802 12,212 2,418
MARSHALL & ILSLEY TRUST CO N.A.
SECURITIES AND EXCHANGE COMMISSION FORM 13F
ASSETS AS OF 12/31/04
- - - COLUMN 1 - - - COLUMN 2 - - - - - COLUMN 3 - COLUMN 4 - COLUMN 5 COLUMN 6 COLUMN 7 - - - - - - - - - COLUMN 8 - - - -
----------------------------------------------------------------------------------------------------------------------------
INVESTMENT DISCR VOTING AUTHORITY
TITLE MARKET -------------------- --------------------------
OF VALUE SHRS OR SH/PUT/SOLE SHR OTHROTHE SOLE SHARED NONE
NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL(A) (B) (C) MGRS (A) (B) (C)
----------------------------------------------------------------------------------------------------------------------------
BELLSOUTH CORP COM 079860102 1,989 71,564 SH X 1 6 19,602 49,558 2,404
BEMIS INC COM 081437105 217 7,473 SH X 1 7,473
BEMIS INC COM 081437105 71 2,450 SH X 1 2,450
BERKLEY W R CORP COM 084423102 987 20,926 SH X 1 20,926
BERKSHIRE HATHAWAY INC CL A 084670108 1,143 13 SH X 1 13
BERKSHIRE HATHAWAY INC CL A 084670108 1,231 14 SH X 1 12 2
BERKSHIRE HATHAWAY INC CL B 084670207 2,863 975 SH X 1 919 49 7
BERKSHIRE HATHAWAY INC CL B 084670207 948 323 SH X 1 283 40
BEST BUY INC COM 086516101 1,770 29,790 SH X 1 29,578 37 175
BEST BUY INC COM 086516101 704 11,847 SH X 1 11,847
BIG LOTS INC COM 089302103 170 14,000 SH X 1 14,000
BIOMET INC COM 090613100 881 20,298 SH X 1 17,518 40 2,740
BIOMET INC COM 090613100 117 2,698 SH X 1 60 2,638
BIOGEN IDEC INC COM 09062X103 5,200 78,067 SH X 1 78,067
BIOGEN IDEC INC COM 09062X103 422 6,338 SH X 1 6,338
BIOMIRA INC COM 09161R106 29 12,000 SH X 1 12,000
BLACK & DECKER CORP COM 091797100 538 6,096 SH X 1 5,573 23 500
BLACK & DECKER CORP COM 091797100 16 184 SH X 1 184
BLOCK H & R INC COM 093671105 392 7,996 SH X 1 7,939 57
BLOCK H & R INC COM 093671105 64 1,302 SH X 1 800 502
BOEING CO COM 097023105 8,178 157,976 SH X 1 147,177 1,799 9,000
BOEING CO COM 097023105 626 12,097 SH X 1 6 1,900 9,863 334
BOSTON SCIENTIFIC CORP COM 101137107 905 25,466 SH X 1 25,392 74
BOSTON SCIENTIFIC CORP COM 101137107 56 1,563 SH X 1 1,563
BOWATER INC COM 102183100 6,837 155,499 SH X 1 155,499
BRADY CORP CL A 104674106 99 1,584 SH X 1 1,584
BRADY CORP CL A 104674106 1,621 25,900 SH X 1 25,900
BRIGGS & STRATTON CORP COM 109043109 241 5,786 SH X 1 5,786
BRIGGS & STRATTON CORP COM 109043109 349 8,400 SH X 1 8,400
BRISTOL MYERS SQUIBB COM 110122108 16,422 640,968 SH X 1 615,258 13,277 12,433
BRISTOL MYERS SQUIBB COM 110122108 1,907 74,426 SH X 1 6,552 64,274 3,600
BROADCOM CORP CL A 111320107 379 11,733 SH X 1 6,964 4,769
BROADCOM CORP CL A 111320107 0 14 SH X 1 14
BROCADE COMMNCTNS SYS COM 111621108 3,242 424,360 SH X 1 423,040 1,320
BRUNSWICK CORP COM 117043109 9,140 184,641 SH X 1 184,641
BRUNSWICK CORP COM 117043109 9 180 SH X 1 180
BURLINGTN NRTN SNTA FE COM 12189T104 4,319 91,288 SH X 1 89,502 1,186 600
BURLINGTN NRTN SNTA FE COM 12189T104 543 11,487 SH X 1 1,062 6,225 4,200
BURLINGTON RES INC COM 122014103 10,629 244,336 SH X 1 243,600 40 696
BURLINGTON RES INC COM 122014103 420 9,659 SH X 1 1,279 7,380 1,000
CB RICHARD ELLIS GROUP CL A 12497T101 3,472 103,500 SH X 1 103,180 320
CIGNA CORP COM 125509109 1,064 13,045 SH X 1 13,045
CSX CORP COM 126408103 7,160 178,646 SH X 1 178,646
CSX CORP COM 126408103 28 700 SH X 1 700
CVS CORP COM 126650100 10,296 228,439 SH X 1 228,439
CVS CORP COM 126650100 113 2,518 SH X 1 2,518
CV THERAPEUTICS INC COM 126667104 1,666 72,450 SH X 1 72,230 220
CAMECO CORP COM 13321L108 199 1,900 SH X 1 1,900
CAMECO CORP COM 13321L108 4 40 SH X 1 40
CAMPBELL SOUP CO COM 134429109 423 14,156 SH X 1 14,087 69
CAMPBELL SOUP CO COM 134429109 31 1,048 SH X 1 1,048
CANADIAN SPRR ENRGY COM 136644101 408 255,000 SH X 1 254,230 770
CAPITAL ONE FINL CORP COM 14040H105 1,269 15,068 SH X 1 15,068
CAPITAL ONE FINL CORP COM 14040H105 14 161 SH X 1 161
CARDINAL HEALTH INC COM 14149Y108 2,400 41,271 SH X 1 41,232 39
CARDINAL HEALTH INC COM 14149Y108 435 7,479 SH X 1 21 7,458
CAREMARK RX INC COM 141705103 4,972 126,088 SH X 1 125,807 56 225
CAREMARK RX INC COM 141705103 53 1,356 SH X 1 1,356
CARMAX INC COM 143130102 1,070 34,466 SH X 1 34,466
CARNIVAL CORP PAIRED CTF 143658300 1,638 28,427 SH X 1 28,369 58
CARNIVAL CORP PAIRED CTF 143658300 451 7,833 SH X 1 7,833
CATELLUS DEV CORP NEW COM 149113102 258 8,432 SH X 1 8,432
CATERPILLAR INC DEL COM 149123101 9,327 95,647 SH X 1 94,775 102 770
CATERPILLAR INC DEL COM 149123101 1,362 13,968 SH X 1 6 8,000 5,968
CENDANT CORP COM 151313103 974 41,645 SH X 1 41,580 65
CENDANT CORP COM 151313103 16 700 SH X 1 700
CENTENE CORP DEL COM 15135B101 8,154 287,626 SH X 1 287,206 420
CENTENE CORP DEL COM 15135B101 1 52 SH X 1 52
CENTERPOINT ENERGY INC COM 15189T107 2,174 192,354 SH X 1 191,243 807 304
CENTERPOINT ENERGY INC COM 15189T107 24 2,100 SH X 1 6 430 1,670
CENTEX CORP COM 152312104 355 5,961 SH X 1 5,935 26
CENTEX CORP COM 152312104 9 156 SH X 1 156
CENTRAL EUROPEAN DIST COM 153435102 3,210 108,670 SH X 1 108,330 340
CEPHALON INC COM 156708109 1,001 19,675 SH X 1 19,675
CHECKFREE CORP NEW COM 162813109 4,465 117,265 SH X 1 117,265
CHECKPOINT SYS INC COM 162825103 291 16,108 SH X 1 16,108
CHEMICAL FINL CORP COM 163731102 86 1,999 SH X 1 1,999
CHEMICAL FINL CORP COM 163731102 519 12,083 SH X 1 12,083
CHESAPEAKE ENERGY CORP COM 165167107 3,585 217,250 SH X 1 217,250
CHESAPEAKE ENERGY CORP COM 165167107 69 4,180 SH X 1 4,180
CHEVRONTEXACO CORP COM 166764100 51,038 971,961 SH X 1 958,301 8,816 4,844
CHEVRONTEXACO CORP COM 166764100 5,038 95,942 SH X 1 6 10,768 82,386 2,788
CHICOS FAS INC COM 168615102 1,071 23,527 SH X 1 23,527
CHOICEPOINT INC COM 170388102 3,668 79,757 SH X 1 79,757
CHUBB CORP COM 171232101 12,020 156,303 SH X 1 151,322 2,171 2,810
CHUBB CORP COM 171232101 653 8,491 SH X 1 6 200 8,291
CINCINNATI FINL CORP COM 172062101 228 5,148 SH X 1 5,106 42
CINCINNATI FINL CORP COM 172062101 11 247 SH X 1 247
CINERGY CORP COM 172474108 10,050 241,424 SH X 1 236,120 42 5,262
CINERGY CORP COM 172474108 73 1,760 SH X 1 6 1,760
CISCO SYS INC COM 17275R102 12,582 651,256 SH X 1 639,530 6,949 4,777
MARSHALL & ILSLEY TRUST CO N.A.
SECURITIES AND EXCHANGE COMMISSION FORM 13F
ASSETS AS OF 12/31/04
- - - COLUMN 1 - - - COLUMN 2 - - - - - COLUMN 3 - COLUMN 4 - COLUMN 5 COLUMN 6 COLUMN 7 - - - - - - - - - COLUMN 8 - - - -
----------------------------------------------------------------------------------------------------------------------------
INVESTMENT DISCR VOTING AUTHORITY
TITLE MARKET -------------------- --------------------------
OF VALUE SHRS OR SH/PUT/SOLE SHR OTHROTHE SOLE SHARED NONE
NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL(A) (B) (C) MGRS (A) (B) (C)
----------------------------------------------------------------------------------------------------------------------------
CISCO SYS INC COM 17275R102 1,764 91,281 SH X 1 6 5,994 85,287
CINTAS CORP COM 172908105 335 7,649 SH X 1 7,529 120
CINTAS CORP COM 172908105 125 2,857 SH X 1 2,857
CITIGROUP INC COM 172967101 69,574 1,444,053 SH X 1 1,416,850 7,044 20,159
CITIGROUP INC COM 172967101 4,157 86,274 SH X 1 6 8,072 75,002 3,200
CITIZENS BKG CORP MICH COM 174420109 234 6,800 SH X 1 800 6,000
CITIZENS BKG CORP MICH COM 174420109 320 9,324 SH X 1 9,324
CITIZENS COMMUNICATNS COM 17453B101 10,565 766,125 SH X 1 765,979 146
CITIZENS COMMUNICATNS COM 17453B101 15 1,066 SH X 1 1,066
CITRIX SYS INC COM 177376100 520 21,279 SH X 1 21,142 137
CITRIX SYS INC COM 177376100 10 399 SH X 1 399
CLARCOR INC COM 179895107 29 523 SH X 1 523
CLARCOR INC COM 179895107 383 7,000 SH X 1 7,000
CLEAR CHANNEL CMMNCTNS COM 184502102 234 6,976 SH X 1 6,619 57 300
CLEAR CHANNEL CMMNCTNS COM 184502102 51 1,527 SH X 1 1,000 527
CLOROX CO DEL COM 189054109 735 12,472 SH X 1 12,472
CLOROX CO DEL COM 189054109 157 2,662 SH X 1 640 2,022
COCA COLA CO COM 191216100 13,245 318,090 SH X 1 291,792 12,613 13,685
COCA COLA CO COM 191216100 4,473 107,428 SH X 1 6 21,001 84,877 1,550
COCA COLA ENTERPRISES COM 191219104 8,321 399,111 SH X 1 399,111
COCA COLA ENTERPRISES COM 191219104 1 70 SH X 1 70
COGNOS INC COM 19244C109 4,006 90,920 SH X 1 90,920
COGNOS INC COM 19244C109 7 160 SH X 1 160
COGNIZANT TCHNLGY SOL CL A 192446102 4,534 107,111 SH X 1 107,111
COGNIZANT TCHNLGY SOL CL A 192446102 4 95 SH X 1 95
COLGATE PALMOLIVE CO COM 194162103 6,702 131,008 SH X 1 122,260 4,152 4,596
COLGATE PALMOLIVE CO COM 194162103 1,862 36,403 SH X 1 6 1,600 33,303 1,500
COMCAST CORP NEW CL A 20030N101 12,691 381,330 SH X 1 379,509 211 1,610
COMCAST CORP NEW CL A 20030N101 296 8,889 SH X 1 6 97 8,792
COMERICA INC COM 200340107 5,152 84,428 SH X 1 84,293 135
COMERICA INC COM 200340107 222 3,645 SH X 1 6 3,645
COMMERCE BANCORP INC COM 200519106 4,238 65,812 SH X 1 65,812
COMMERCE BANCORP INC COM 200519106 6 95 SH X 1 95
COMMERCE GROUP INC COM 200641108 225 3,690 SH X 1 3,690
COMPUTER ASSOC INTL COM 204912109 142 4,568 SH X 1 4,568
COMPUTER ASSOC INTL COM 204912109 115 3,691 SH X 1 3,691
COMPUTER SCIENCES CORP COM 205363104 9,156 162,421 SH X 1 162,421
COMPUTER SCIENCES CORP COM 205363104 13 238 SH X 1 238
COMVERSE TECHNOLOGY COM PAR $0.10 205862402 4,356 178,176 SH X 1 178,176
COMVERSE TECHNOLOGY COM PAR $0.10 205862402 98 4,000 SH X 1 4,000
CONAGRA FOODS INC COM 205887102 5,577 189,358 SH X 1 188,283 1,075
CONAGRA FOODS INC COM 205887102 79 2,671 SH X 1 6 2,671
CONOCOPHILLIPS COM 20825C104 3,121 35,945 SH X 1 35,882 63
CONOCOPHILLIPS COM 20825C104 311 3,585 SH X 1 235 3,250 100
CONSOLIDATED EDISON COM 209115104 3,711 84,833 SH X 1 83,770 600 463
CONSOLIDATED EDISON COM 209115104 112 2,558 SH X 1 6 2,558
CONSTELLATION ENERGY COM 210371100 8,383 191,786 SH X 1 191,645 141
CONSTELLATION ENERGY COM 210371100 32 732 SH X 1 6 732
CONTANGO OIL & GAS CO COM NEW 21075N204 1,662 229,560 SH X 1 228,850 710
CONVERGYS CORP COM 212485106 7,275 485,318 SH X 1 485,318
CORNING INC COM 219350105 310 26,322 SH X 1 26,178 144
CORNING INC COM 219350105 27 2,267 SH X 1 195 2,072
COSTCO WHSL CORP NEW COM 22160K105 1,529 31,577 SH X 1 31,535 42
COSTCO WHSL CORP NEW COM 22160K105 143 2,951 SH X 1 2,951
COUNTRYWIDE FINANCIAL COM 222372104 5,639 152,377 SH X 1 151,107 57 1,213
COUNTRYWIDE FINANCIAL COM 222372104 533 14,393 SH X 1 14,393
CREE INC COM 225447101 3,720 92,809 SH X 1 92,809
CREE INC COM 225447101 33 830 SH X 1 830
CUMMINS INC COM 231021106 1,185 14,141 SH X 1 14,141
CUMMINS INC COM 231021106 9 107 SH X 1 107
CUTERA INC COM 232109108 2,525 202,005 SH X 1 201,365 640
D R HORTON INC COM 23331A109 1,007 24,985 SH X 1 24,985
DTE ENERGY CO COM 233331107 2,267 52,554 SH X 1 52,411 143
DTE ENERGY CO COM 233331107 41 958 SH X 1 6 958
DANAHER CORP DEL COM 235851102 378 6,579 SH X 1 6,545 34
DANAHER CORP DEL COM 235851102 14 246 SH X 1 246
DEAN FOODS CO NEW COM 242370104 249 7,567 SH X 1 7,567
DEAN FOODS CO NEW COM 242370104 3 80 SH X 1 80
DEERE & CO COM 244199105 375 5,038 SH X 1 4,993 45
DEERE & CO COM 244199105 250 3,362 SH X 1 1,200 90 2,072
DELL INC COM 24702R101 15,128 359,003 SH X 1 346,583 3,840 8,580
DELL INC COM 24702R101 2,469 58,595 SH X 1 6 730 57,765 100
DELPHI CORP COM 247126105 458 50,723 SH X 1 50,584 139
DELPHI CORP COM 247126105 40 4,419 SH X 1 4,419
DENBURY RES INC COM NEW 247916208 6,439 234,570 SH X 1 234,290 280
DELUXE CORP COM 248019101 2,542 68,103 SH X 1 67,931 172
DELUXE CORP COM 248019101 23 603 SH X 1 6 603
DEUTSCHE TELEKOM AG SPONSORED ADR 251566105 20 880 SH X 1 880
DEUTSCHE TELEKOM AG SPONSORED ADR 251566105 201 8,843 SH X 1 8,843
DEVON ENERGY CORP NEW COM 25179M103 1,277 32,812 SH X 1 32,812
DEVON ENERGY CORP NEW COM 25179M103 42 1,088 SH X 1 1,088
DIAMONDCLUSTER INTL COM 25278P106 2,891 201,760 SH X 1 201,140 620
DIEBOLD INC COM 253651103 31 549 SH X 1 549
DIEBOLD INC COM 253651103 346 6,200 SH X 1 6,200
DISNEY WALT CO COM DISNEY 254687106 10,384 373,517 SH X 1 348,397 17,323 7,797
DISNEY WALT CO COM DISNEY 254687106 1,528 54,958 SH X 1 3,900 50,908 150
DOLLAR GEN CORP COM 256669102 276 13,312 SH X 1 13,312
DOLLAR GEN CORP COM 256669102 29 1,403 SH X 1 1,403
DOMINION RES INC COM 25746U109 6,849 101,113 SH X 1 100,025 26 1,062
DOMINION RES INC COM 25746U109 91 1,339 SH X 1 6 1,339
DONNELLEY R R & SONS COM 257867101 13,464 381,528 SH X 1 380,731 600 197
MARSHALL & ILSLEY TRUST CO N.A.
SECURITIES AND EXCHANGE COMMISSION FORM 13F
ASSETS AS OF 12/31/04
- - - COLUMN 1 - - - COLUMN 2 - - - - - COLUMN 3 - COLUMN 4 - COLUMN 5 COLUMN 6 COLUMN 7 - - - - - - - - - COLUMN 8 - - - -
----------------------------------------------------------------------------------------------------------------------------
INVESTMENT DISCR VOTING AUTHORITY
TITLE MARKET -------------------- --------------------------
OF VALUE SHRS OR SH/PUT/SOLE SHR OTHROTHE SOLE SHARED NONE
NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL(A) (B) (C) MGRS (A) (B) (C)
----------------------------------------------------------------------------------------------------------------------------
DONNELLEY R R & SONS COM 257867101 65 1,841 SH X 1 6 1,841
DORAL FINL CORP COM 25811P100 3,731 75,750 SH X 1 75,750
DOW CHEM CO COM 260543103 18,842 380,570 SH X 1 375,827 2,880 1,863
DOW CHEM CO COM 260543103 1,073 21,674 SH X 1 6 7,822 13,852
DOW JONES & CO INC COM 260561105 410 9,531 SH X 1 8,111 1,420
DOW JONES & CO INC COM 260561105 5 127 SH X 1 127
DU PONT E I DE NEMOURS COM 263534109 19,594 399,474 SH X 1 394,919 1,261 3,294
DU PONT E I DE NEMOURS COM 263534109 1,381 28,145 SH X 1 6 5,455 22,690
DUKE ENERGY CORP COM 264399106 5,299 209,181 SH X 1 204,095 86 5,000
DUKE ENERGY CORP COM 264399106 90 3,563 SH X 1 600 2,463 500
DUN & BRADSTREET CORP COM 26483E100 220 3,696 SH X 1 3,696
DYCOM INDS INC COM 267475101 218 7,143 SH X 1 7,143
DYNEGY INC NEW CL A 26816Q101 963 208,515 SH X 1 207,715 800
DYNEGY INC NEW CL A 26816Q101 2 341 SH X 1 341
EGL INC COM 268484102 221 7,405 SH X 1 7,405
E M C CORP MASS COM 268648102 868 58,399 SH X 1 53,596 203 4,600
E M C CORP MASS COM 268648102 27 1,798 SH X 1 1,798
ENSCO INTL INC COM 26874Q100 12,723 400,865 SH X 1 389,885 3,350 7,630
ENSCO INTL INC COM 26874Q100 487 15,330 SH X 1 700 14,630
EOG RES INC COM 26875P101 1,249 17,504 SH X 1 17,474 30
EOG RES INC COM 26875P101 23 329 SH X 1 329
EASTMAN CHEM CO COM 277432100 837 14,505 SH X 1 14,435 70
EASTMAN CHEM CO COM 277432100 49 852 SH X 1 6 852
EATON CORP COM 278058102 991 13,690 SH X 1 13,668 22
EATON CORP COM 278058102 495 6,835 SH X 1 6,835
EBAY INC COM 278642103 2,531 21,754 SH X 1 20,622 52 1,080
EBAY INC COM 278642103 332 2,850 SH X 1 40 2,810
ECOLAB INC COM 278865100 906 25,800 SH X 1 25,764 36
ECOLAB INC COM 278865100 369 10,509 SH X 1 10,509
EDGE PETE CORP DEL COM 279862106 1,585 108,740 SH X 1 108,400 340
EDISON INTL COM 281020107 3,667 114,473 SH X 1 114,089 134 250
EDISON INTL COM 281020107 50 1,550 SH X 1 6 1,550
EDWARDS LIFESCIENCES COM 28176E108 7,265 176,087 SH X 1 172,137 3,950
EDWARDS LIFESCIENCES COM 28176E108 26 640 SH X 1 640
ELECTRONIC ARTS INC COM 285512109 1,265 20,502 SH X 1 20,448 54
ELECTRONIC ARTS INC COM 285512109 52 842 SH X 1 842
EMERSON ELEC CO COM 291011104 7,216 102,938 SH X 1 100,259 454 2,225
EMERSON ELEC CO COM 291011104 2,365 33,736 SH X 1 6 1,500 32,236
ENBRIDGE ENERGY PRTNRS COM 29250R106 469 9,100 SH X 1 8,600 500
ENTERGY CORP NEW COM 29364G103 4,923 72,835 SH X 1 72,677 158
ENTERGY CORP NEW COM 29364G103 40 594 SH X 1 6 594
EQUIFAX INC COM 294429105 361 12,838 SH X 1 12,800 38
EQUIFAX INC COM 294429105 13 463 SH X 1 463
EQUITY OFFICE PRPRTS COM 294741103 3,942 135,380 SH X 1 135,082 298
EQUITY OFFICE PRPRTS COM 294741103 70 2,407 SH X 1 6 2,407
EQUITY RESIDENTIAL SH BEN INT 29476L107 2,860 79,054 SH X 1 78,788 61 205
EQUITY RESIDENTIAL SH BEN INT 29476L107 29 790 SH X 1 6 790
ERICSSON L M TEL CO ADR B SEK 10 294821608 5,322 168,994 SH X 1 161,034 7,960
ERICSSON L M TEL CO ADR B SEK 10 294821608 313 9,940 SH X 1 6 9,940
EXELON CORP COM 30161N101 8,940 202,857 SH X 1 201,977 60 820
EXELON CORP COM 30161N101 141 3,194 SH X 1 6 874 2,320
EXPEDITORS INTL WASH COM 302130109 203 3,635 SH X 1 3,635
EXPLORATION CO COM NEW 302133202 2,780 439,860 SH X 1 438,500 1,360
EXPRESS SCRIPTS INC COM 302182100 997 13,044 SH X 1 13,044
EXPRESS SCRIPTS INC COM 302182100 5 69 SH X 1 69
EYETECH PHARMACEUTICAL COM 302297106 3,449 75,800 SH X 1 75,800
EXXON MOBIL CORP COM 30231G102 79,324 1,547,484 SH X 1 1,484,123 18,716 44,645
EXXON MOBIL CORP COM 30231G102 19,119 372,977 SH X 1 6 69,551 300,516 2,910
FLIR SYS INC COM 302445101 7,719 121,006 SH X 1 121,006
FLIR SYS INC COM 302445101 2 30 SH X 1 30
FPL GROUP INC COM 302571104 5,824 77,918 SH X 1 75,147 2,426 345
FPL GROUP INC COM 302571104 577 7,717 SH X 1 6 1,606 6,111
FACTSET RESH SYS INC COM 303075105 1,712 29,301 SH X 1 29,301
FASTENAL CO COM 311900104 920 14,941 SH X 1 14,771 170
FASTENAL CO COM 311900104 69 1,117 SH X 1 1,117
FEDERAL HOME LN MTG COM 313400301 15,365 208,474 SH X 1 191,281 8,188 9,005
FEDERAL HOME LN MTG COM 313400301 1,749 23,727 SH X 1 6 1,525 21,902 300
FEDERAL NATL MTG ASSN COM 313586109 19,626 275,611 SH X 1 262,381 5,871 7,359
FEDERAL NATL MTG ASSN COM 313586109 1,555 21,833 SH X 1 6 270 21,463 100
FEDERATED DEPT STORES COM 31410H101 1,111 19,225 SH X 1 19,225
FEDERATED DEPT STORES COM 31410H101 67 1,160 SH X 1 1,160
FEDEX CORP COM 31428X106 13,076 132,763 SH X 1 129,705 428 2,630
FEDEX CORP COM 31428X106 1,617 16,421 SH X 1 6 285 16,136
FIFTH THIRD BANCORP COM 316773100 2,074 43,841 SH X 1 43,777 64
FIFTH THIRD BANCORP COM 316773100 804 17,008 SH X 1 17,008
FIRST DATA CORP COM 319963104 1,171 27,534 SH X 1 23,776 1,692 2,066
FIRST DATA CORP COM 319963104 230 5,416 SH X 1 5,416
FIRST HORIZON NATL COM 320517105 966 22,411 SH X 1 22,285 43 83
FIRST HORIZON NATL COM 320517105 109 2,524 SH X 1 6 2,524
1ST SOURCE CORP COM 336901103 1,254 49,140 SH X 1 49,140
FISERV INC COM 337738108 1,917 47,697 SH X 1 47,545 152
FISERV INC COM 337738108 389 9,667 SH X 1 300 9,367
FIRSTENERGY CORP COM 337932107 5,204 131,709 SH X 1 131,441 268
FIRSTENERGY CORP COM 337932107 46 1,171 SH X 1 6 1,171
FISHER SCIENTIFIC INTL COM NEW 338032204 4,798 76,916 SH X 1 76,916
FISHER SCIENTIFIC INTL COM NEW 338032204 9 149 SH X 1 149
FORD MTR CO DEL COM PAR $0.01 345370860 1,256 85,808 SH X 1 85,639 169
FORD MTR CO DEL COM PAR $0.01 345370860 541 36,926 SH X 1 349 36,577
FOREST LABS INC COM 345838106 220 4,895 SH X 1 4,855 40
FOREST LABS INC COM 345838106 494 11,015 SH X 1 11,015
FORTUNE BRANDS INC COM 349631101 2,442 31,644 SH X 1 29,320 764 1,560
MARSHALL & ILSLEY TRUST CO N.A.
SECURITIES AND EXCHANGE COMMISSION FORM 13F
ASSETS AS OF 12/31/04
- - - COLUMN 1 - - - COLUMN 2 - - - - - COLUMN 3 - COLUMN 4 - COLUMN 5 COLUMN 6 COLUMN 7 - - - - - - - - - COLUMN 8 - - - -
----------------------------------------------------------------------------------------------------------------------------
INVESTMENT DISCR VOTING AUTHORITY
TITLE MARKET -------------------- --------------------------
OF VALUE SHRS OR SH/PUT/SOLE SHR OTHROTHE SOLE SHARED NONE
NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL(A) (B) (C) MGRS (A) (B) (C)
----------------------------------------------------------------------------------------------------------------------------
FORTUNE BRANDS INC COM 349631101 568 7,359 SH X 1 7,359
FRANKLIN RES INC COM 354613101 215 3,092 SH X 1 3,092
FRANKLIN RES INC COM 354613101 29 413 SH X 1 413
FREEPORT-MCMORAN COPPR CL B 35671D857 232 6,059 SH X 1 6,059
FREEPORT-MCMORAN COPPR CL B 35671D857 21 545 SH X 1 545
FREESCALE SEMICONDCTR CL B 35687M206 185 10,092 SH X 1 9,600 23 469
FREESCALE SEMICONDCTR CL B 35687M206 40 2,199 SH X 1 2,199
FREMONT GEN CORP COM 357288109 1,011 40,146 SH X 1 40,146
FURNITURE BRANDS INTL COM 360921100 8,589 342,876 SH X 1 342,876
GALLAHER GROUP PLC SPONSORED ADR 363595109 438 7,222 SH X 1 6,662 560
GALLAHER GROUP PLC SPONSORED ADR 363595109 182 3,000 SH X 1 3,000
GANNETT INC COM 364730101 8,666 106,073 SH X 1 100,994 3,429 1,650
GANNETT INC COM 364730101 994 12,168 SH X 1 6 12,168
GAP INC DEL COM 364760108 290 13,727 SH X 1 13,631 96
GAP INC DEL COM 364760108 589 27,908 SH X 1 200 708 27,000
GASCO ENERGY INC COM 367220100 3,267 766,990 SH X 1 764,520 2,470
GATEWAY INC COM 367626108 1,382 229,900 SH X 1 229,900
GAYLORD ENTMT CO NEW COM 367905106 219 5,270 SH X 1 5,270
GEHL CO COM 368483103 607 26,000 SH X 1 26,000
GENENTECH INC COM NEW 368710406 5,825 107,006 SH X 1 103,736 200 3,070
GENENTECH INC COM NEW 368710406 834 15,322 SH X 1 1,060 14,262
GENERAL COMMUNICATION CL A 369385109 248 22,424 SH X 1 22,424
GENERAL DYNAMICS CORP COM 369550108 536 5,124 SH X 1 5,124
GENERAL DYNAMICS CORP COM 369550108 17 160 SH X 1 160
GENERAL ELEC CO COM 369604103 92,576 2,536,322 SH X 1 2,359,208 100,417 76,697
GENERAL ELEC CO COM 369604103 17,814 488,054 SH X 1 6 112,713 362,149 13,192
GENERAL MLS INC COM 370334104 2,407 48,417 SH X 1 47,817 600
GENERAL MLS INC COM 370334104 1,111 22,353 SH X 1 2,950 11,403 8,000
GENERAL MTRS CORP COM 370442105 2,964 73,980 SH X 1 71,706 426 1,848
GENERAL MTRS CORP COM 370442105 482 12,035 SH X 1 6 3,561 8,474
GENUINE PARTS CO COM 372460105 2,565 58,226 SH X 1 57,569 514 143
GENUINE PARTS CO COM 372460105 137 3,101 SH X 1 6 3,101
GEORGIA PAC CORP COM 373298108 393 10,498 SH X 1 10,401 97
GEORGIA PAC CORP COM 373298108 422 11,246 SH X 1 11,246
GILEAD SCIENCES INC COM 375558103 4,778 136,544 SH X 1 136,516 28
GILEAD SCIENCES INC COM 375558103 12 333 SH X 1 333
GILLETTE CO COM 375766102 13,234 295,536 SH X 1 281,661 8,385 5,490
GILLETTE CO COM 375766102 2,062 46,046 SH X 1 6 3,240 42,806
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 934 19,712 SH X 1 19,712
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 883 18,623 SH X 1 910 17,713
GLENAYRE TECHNOLOGIES COM 377899109 22 10,000 SH X 1 10,000
GLOBAL PMTS INC COM 37940X102 9,368 160,033 SH X 1 159,843 190
GLOBAL PMTS INC COM 37940X102 2 33 SH X 1 33
GOLDEN WEST FINL CORP COM 381317106 422 6,870 SH X 1 6,842 28
GOLDEN WEST FINL CORP COM 381317106 31 502 SH X 1 502
GOLDMAN SACHS GROUP COM 38141G104 11,505 110,580 SH X 1 108,076 644 1,860
GOLDMAN SACHS GROUP COM 38141G104 1,479 14,217 SH X 1 6 310 13,907
GRAINGER W W INC COM 384802104 8,581 128,812 SH X 1 128,812
GRAINGER W W INC COM 384802104 85 1,269 SH X 1 200 1,069
GREAT WOLF RESORTS INC COM 391523107 2,550 114,130 SH X 1 113,780 350
GREATER BAY BANCORP COM 391648102 14 514 SH X 1 514
GREATER BAY BANCORP COM 391648102 279 10,000 SH X 1 10,000
GTECH HLDGS CORP COM 400518106 3,430 132,175 SH X 1 124,875 7,300
GTECH HLDGS CORP COM 400518106 175 6,755 SH X 1 6,755
GUIDANT CORP COM 401698105 2,596 35,999 SH X 1 35,848 151
GUIDANT CORP COM 401698105 407 5,650 SH X 1 500 5,150
HCA INC COM 404119109 961 24,057 SH X 1 23,707 350
HCA INC COM 404119109 71 1,785 SH X 1 125 1,660
HSBC HLDGS PLC SPON ADR NEW 404280406 683 8,024 SH X 1 7,469 555
HSBC HLDGS PLC SPON ADR NEW 404280406 611 7,181 SH X 1 7,181
HALLIBURTON CO COM 406216101 1,248 31,811 SH X 1 31,622 189
HALLIBURTON CO COM 406216101 179 4,563 SH X 1 1,000 3,563
HARLEY DAVIDSON INC COM 412822108 14,540 239,345 SH X 1 233,492 3,273 2,580
HARLEY DAVIDSON INC COM 412822108 2,389 39,328 SH X 1 6 2,725 36,533 70
HARMAN INTL INDS INC COM 413086109 1,021 8,042 SH X 1 8,042
HARMAN INTL INDS INC COM 413086109 3 25 SH X 1 25
HARRIS CORP DEL COM 413875105 4,276 69,207 SH X 1 69,207
HARRIS CORP DEL COM 413875105 3 50 SH X 1 50
HARTFORD FINL SVCS GRP COM 416515104 2,776 40,054 SH X 1 40,054
HARTFORD FINL SVCS GRP COM 416515104 220 3,173 SH X 1 3,173
HARVEST NATURAL RSRCS COM 41754V103 6,446 373,240 SH X 1 372,670 570
HAWAIIAN ELEC INDSTRS COM 419870100 395 13,547 SH X 1 13,547
HEALTH MGMT ASSOC INC CL A 421933102 194 8,532 SH X 1 8,532
HEALTH MGMT ASSOC INC CL A 421933102 77 3,404 SH X 1 3,404
HEALTHEXTRAS INC COM 422211102 205 12,600 SH X 1 12,600
HEARTLAND FINL USA INC COM 42234Q102 239 11,904 SH X 1 11,904
HEINZ H J CO COM 423074103 7,067 181,261 SH X 1 173,478 79 7,704
HEINZ H J CO COM 423074103 561 14,376 SH X 1 6 14,376
HERSHEY FOODS CORP COM 427866108 789 14,201 SH X 1 12,186 2,015
HERSHEY FOODS CORP COM 427866108 323 5,821 SH X 1 55 5,766
HEWLETT PACKARD CO COM 428236103 3,369 160,666 SH X 1 160,382 284
HEWLETT PACKARD CO COM 428236103 824 39,271 SH X 1 17,600 21,671
HIBERNIA CORP CL A 428656102 224 7,594 SH X 1 7,594
HILB ROGAL & HOBBS CO COM 431294107 239 6,590 SH X 1 6,590
HILTON HOTELS CORP COM 432848109 2,595 114,131 SH X 1 114,012 119
HILTON HOTELS CORP COM 432848109 16 706 SH X 1 400 306
HOME DEPOT INC COM 437076102 7,391 172,937 SH X 1 163,309 2,615 7,013
HOME DEPOT INC COM 437076102 1,373 32,129 SH X 1 775 27,754 3,600
HONEYWELL INTL INC COM 438516106 985 27,804 SH X 1 26,315 79 1,410
HONEYWELL INTL INC COM 438516106 438 12,369 SH X 1 1,400 10,769 200
HOSPIRA INC COM 441060100 534 15,947 SH X 1 15,465 82 400
MARSHALL & ILSLEY TRUST CO N.A.
SECURITIES AND EXCHANGE COMMISSION FORM 13F
ASSETS AS OF 12/31/04
- - - COLUMN 1 - - - COLUMN 2 - - - - - COLUMN 3 - COLUMN 4 - COLUMN 5 COLUMN 6 COLUMN 7 - - - - - - - - - COLUMN 8 - - - -
----------------------------------------------------------------------------------------------------------------------------
INVESTMENT DISCR VOTING AUTHORITY
TITLE MARKET -------------------- --------------------------
OF VALUE SHRS OR SH/PUT/SOLE SHR OTHROTHE SOLE SHARED NONE
NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL(A) (B) (C) MGRS (A) (B) (C)
----------------------------------------------------------------------------------------------------------------------------
HOSPIRA INC COM 441060100 60 1,792 SH X 1 1,469 323
HOUSTON EXPL CO COM 442120101 394 7,000 SH X 1 7,000
HOUSTON EXPL CO COM 442120101 2 38 SH X 1 38
HUBBELL INC CL A 443510102 203 4,200 SH X 1 200 4,000
HUBBELL INC CL B 443510201 10,074 192,629 SH X 1 191,527 1,102
HUDSON UNITED BANCORP COM 444165104 223 5,661 SH X 1 5,661
HUMANA INC COM 444859102 200 6,749 SH X 1 6,749
HUNTINGTON BANCSHARES COM 446150104 369 14,932 SH X 1 14,852 80
HUNTINGTON BANCSHARES COM 446150104 10 401 SH X 1 401
HURCO COMPANIES INC COM 447324104 451 27,341 SH X 1 27,341
HUTCHINSON TECHNOLOGY COM 448407106 8 239 SH X 1 239
HUTCHINSON TECHNOLOGY COM 448407106 225 6,500 SH X 1 6,500
HYPERION SOLUTIONS COM 44914M104 2,675 57,378 SH X 1 57,198 180
HYPERION SOLUTIONS COM 44914M104 5 100 SH X 1 100
I-FLOW CORP COM NEW 449520303 2,077 113,960 SH X 1 113,600 360
IMS HEALTH INC COM 449934108 355 15,289 SH X 1 15,289
IMS HEALTH INC COM 449934108 78 3,377 SH X 1 3,377
ITT EDUCATIONAL SRVCS COM 45068B109 243 5,103 SH X 1 5,103
ITT INDS INC IND COM 450911102 440 5,214 SH X 1 5,206 8
ITT INDS INC IND COM 450911102 61 726 SH X 1 726
IKON OFFICE SOLUTIONS COM 451713101 2,299 198,835 SH X 1 198,835
IDENTIX INC COM 451906101 3,055 413,990 SH X 1 412,710 1,280
ILLINOIS TOOL WKS INC COM 452308109 3,291 35,504 SH X 1 35,403 26 75
ILLINOIS TOOL WKS INC COM 452308109 2,602 28,079 SH X 1 3,100 24,979
IMATION CORP COM 45245A107 9,873 310,167 SH X 1 310,067 100
IMAX CORP COM 45245E109 4,108 498,010 SH X 1 496,370 1,640
IMMUCOR INC COM 452526106 3,299 140,334 SH X 1 139,884 450
INDUS INTL INC COM 45578L100 171 80,000 SH X 1 80,000
INFINITY PPTY & CAS COM 45665Q103 2,915 82,810 SH X 1 82,550 260
ING GROUP N V SPONSORED ADR 456837103 140 4,615 SH X 1 4,615
ING GROUP N V SPONSORED ADR 456837103 424 14,023 SH X 1 14,023
INHIBITEX INC COM 45719T103 507 63,000 SH X 1 62,810 190
INTEL CORP COM 458140100 24,131 1,031,700 SH X 1 970,421 26,209 35,070
INTEL CORP COM 458140100 4,969 212,445 SH X 1 6 9,905 171,140 31,400
INTERNATIONAL BUSINESS MACOM 459200101 27,655 280,530 SH X 1 261,086 5,391 14,053
INTERNATIONAL BUSINESS MACOM 459200101 9,712 98,518 SH X 1 9,376 88,422 720
INTRNTNL GAME TECH COM 459902102 727 21,136 SH X 1 18,516 60 2,560
INTRNTNL GAME TECH COM 459902102 19 555 SH X 1 555
INTL PAPER CO COM 460146103 1,053 25,068 SH X 1 24,237 831
INTL PAPER CO COM 460146103 223 5,321 SH X 1 1,859 3,462
ISHARES INC MSCI JAPAN 464286848 160 14,691 SH X 1 14,691
ISHARES INC MSCI JAPAN 464286848 22 2,000 SH X 1 2,000
ISHARES TR DJ SEL DIV INX 464287168 2,081 33,900 SH X 1 33,900
ISHARES TR DJ SEL DIV INX 464287168 111 1,800 SH X 1 1,800
ISHARES TR S&P 500 INDEX 464287200 15,219 125,777 SH X 1 118,487 2,990 4,300
ISHARES TR S&P 500 INDEX 464287200 568 4,694 SH X 1 224 2,513 1,957
ISHARES TR S&P500/BAR GRW 464287309 1,134 19,630 SH X 1 19,630
ISHARES TR S&P500/BAR GRW 464287309 10 170 SH X 1 170
ISHARES TR S&P500/BAR VAL 464287408 624 9,920 SH X 1 9,920
ISHARES TR S&P500/BAR VAL 464287408 31 500 SH X 1 500
ISHARES TR MSCI EAFE IDX 464287465 12,102 75,517 SH X 1 74,646 641 230
ISHARES TR MSCI EAFE IDX 464287465 1,731 10,803 SH X 1 10,803
ISHARES TR RUSSELL MCP VL 464287473 13,896 123,185 SH X 1 123,185
ISHARES TR RUSSELL MCP GR 464287481 281 3,330 SH X 1 3,330
ISHARES TR S&P MIDCAP 400 464287507 10,134 76,586 SH X 1 74,446 540 1,600
ISHARES TR S&P MIDCAP 400 464287507 468 3,537 SH X 1 3,537
ISHARES TR RUSSELL1000VAL 464287598 737 11,111 SH X 1 11,111
ISHARES TR S&P MIDCP GROW 464287606 403 3,000 SH X 1 3,000
ISHARES TR RUSSELL1000GRW 464287614 373 7,596 SH X 1 7,596
ISHARES TR RUSSELL 1000 464287622 497 7,659 SH X 1 6,809 850
ISHARES TR RUSSELL 1000 464287622 7 108 SH X 1 108
ISHARES TR RUSL 2000 VALU 464287630 442 2,293 SH X 1 2,293
ISHARES TR RUSL 2000 VALU 464287630 13 68 SH X 1 68
ISHARES TR RUSL 2000 GROW 464287648 624 9,270 SH X 1 9,270
ISHARES TR RUSSELL 2000 464287655 9,458 73,037 SH X 1 72,957 80
ISHARES TR RUSSELL 2000 464287655 1,129 8,717 SH X 1 8,448 269
ISHARES TR S&P MIDCP VALU 464287705 3,617 28,144 SH X 1 28,144
ISHARES TR S&P MIDCP VALU 464287705 444 3,455 SH X 1 3,455
ISHARES TR DJ US TECH SEC 464287721 838 17,297 SH X 1 17,297
ISHARES TR DJ US TECH SEC 464287721 39 800 SH X 1 800
ISHARES TR DJ US HEALTHCR 464287762 3,477 58,946 SH X 1 58,946
ISHARES TR DJ US HEALTHCR 464287762 66 1,122 SH X 1 1,122
ISHARES TR S&P SMLCAP 600 464287804 2,268 13,936 SH X 1 13,871 65
ISHARES TR S&P SMLCAP 600 464287804 175 1,075 SH X 1 1,075
ISHARES TR S&P EURO PLUS 464287861 188 2,493 SH X 1 2,428 65
ISHARES TR S&P EURO PLUS 464287861 39 519 SH X 1 519
ISHARES TR S&P SMLCP VALU 464287879 206 1,690 SH X 1 1,690
ISHARES TR S&P SMLCP VALU 464287879 31 258 SH X 1 258
JPMORGAN & CHASE & CO COM 46625H100 33,457 857,645 SH X 1 845,191 7,378 5,076
JPMORGAN & CHASE & CO COM 46625H100 4,313 110,562 SH X 1 6 1,865 108,697
JEFFERSON PILOT CORP COM 475070108 6,417 123,499 SH X 1 123,499
JEFFERSON PILOT CORP COM 475070108 67 1,291 SH X 1 1,056 235
JOHNSON & JOHNSON COM 478160104 42,510 670,290 SH X 1 643,457 13,155 13,678
JOHNSON & JOHNSON COM 478160104 7,355 115,969 SH X 1 6 9,075 86,894 20,000
JOHNSON CTLS INC COM 478366107 9,757 153,799 SH X 1 149,641 4,158
JOHNSON CTLS INC COM 478366107 1,545 24,352 SH X 1 1,024 22,628 700
JONES APPAREL GROUP COM 480074103 9,355 255,802 SH X 1 255,754 48
JONES APPAREL GROUP COM 480074103 0 10 SH X 1 10
JOY GLOBAL INC COM 481165108 2,700 62,180 SH X 1 61,980 200
KLA-TENCOR CORP COM 482480100 300 6,445 SH X 1 4,305 2,140
KB HOME COM 48666K109 299 2,861 SH X 1 2,839 22
MARSHALL & ILSLEY TRUST CO N.A.
SECURITIES AND EXCHANGE COMMISSION FORM 13F
ASSETS AS OF 12/31/04
- - - COLUMN 1 - - - COLUMN 2 - - - - - COLUMN 3 - COLUMN 4 - COLUMN 5 COLUMN 6 COLUMN 7 - - - - - - - - - COLUMN 8 - - - -
----------------------------------------------------------------------------------------------------------------------------
INVESTMENT DISCR VOTING AUTHORITY
TITLE MARKET -------------------- --------------------------
OF VALUE SHRS OR SH/PUT/SOLE SHR OTHROTHE SOLE SHARED NONE
NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL(A) (B) (C) MGRS (A) (B) (C)
----------------------------------------------------------------------------------------------------------------------------
KB HOME COM 48666K109 11 106 SH X 1 106
KELLOGG CO COM 487836108 2,012 45,051 SH X 1 45,002 49
KELLOGG CO COM 487836108 6,152 137,743 SH X 1 3,200 134,543
KENNAMETAL INC COM 489170100 5,917 118,882 SH X 1 114,927 225 3,730
KENNAMETAL INC COM 489170100 325 6,530 SH X 1 6 6,430 100
KERR MCGEE CORP COM 492386107 3,312 57,313 SH X 1 57,182 131
KERR MCGEE CORP COM 492386107 184 3,186 SH X 1 6 3,186
KEYCORP NEW COM 493267108 5,591 164,938 SH X 1 164,240 400 298
KEYCORP NEW COM 493267108 59 1,731 SH X 1 6 1,731
KEYSPAN CORP COM 49337W100 1,205 30,548 SH X 1 30,350 61 137
KEYSPAN CORP COM 49337W100 58 1,463 SH X 1 6 1,463
KIMBERLY CLARK CORP COM 494368103 31,945 485,409 SH X 1 459,611 23,515 2,283
KIMBERLY CLARK CORP COM 494368103 6,322 96,066 SH X 1 6 32,392 62,974 700
KINDER MORGAN INC KANS COM 49455P101 3,239 44,294 SH X 1 44,192 102
KINDER MORGAN INC KANS COM 49455P101 25 336 SH X 1 6 336
KINDR MRGN ENRGY PRTNR UT LTD PARTNER 494550106 1,148 25,906 SH X 1 15,906 10,000
KINDR MRGN ENRGY PRTNR UT LTD PARTNER 494550106 133 3,000 SH X 1 3,000
KINETIC CONCEPTS INC COM NEW 49460W208 3,856 50,540 SH X 1 50,540
KOHLS CORP COM 500255104 22,003 447,486 SH X 1 422,359 13,867 11,260
KOHLS CORP COM 500255104 2,945 59,895 SH X 1 6 7,240 52,115 540
KROGER CO COM 501044101 6,463 368,488 SH X 1 368,488
KROGER CO COM 501044101 1 34 SH X 1 34
KRONOS INC COM 501052104 3,471 67,890 SH X 1 67,680 210
KRONOS INC COM 501052104 2 43 SH X 1 43
L-3 COMMUNICATNS HLDGS COM 502424104 979 13,364 SH X 1 13,364
L-3 COMMUNICATNS HLDGS COM 502424104 44 597 SH X 1 597
LAUDER ESTEE COS INC CL A 518439104 5,798 126,680 SH X 1 123,322 2,418 940
LAUDER ESTEE COS INC CL A 518439104 608 13,283 SH X 1 1,320 11,963
LAUREATE EDUCATION INC COM 518613104 980 22,227 SH X 1 22,227
LEE ENTERPRISES INC COM 523768109 24,753 537,175 SH X 1 537,175
LEGG MASON INC COM 524901105 126 1,717 SH X 1 1,717
LEGG MASON INC COM 524901105 99 1,357 SH X 1 1,357
LEHMAN BROS HLDGS INC COM 524908100 1,413 16,151 SH X 1 16,126 25
LEHMAN BROS HLDGS INC COM 524908100 37 418 SH X 1 160 258
LEXMARK INTL NEW CL A 529771107 6,775 79,708 SH X 1 76,975 283 2,450
LEXMARK INTL NEW CL A 529771107 584 6,866 SH X 1 6 6,866
LIBERTY MEDIA CORP NEW COM SER A 530718105 64 5,826 SH X 1 5,826
LIBERTY MEDIA CORP NEW COM SER A 530718105 172 15,699 SH X 1 15,699
LIFE TIME FITNESS INC COM 53217R207 3,076 118,870 SH X 1 118,510 360
LILLY ELI & CO COM 532457108 8,237 145,137 SH X 1 141,356 1,227 2,554
LILLY ELI & CO COM 532457108 1,892 33,337 SH X 1 7,180 26,157
LIMITED BRANDS INC COM 532716107 1,387 60,262 SH X 1 60,203 59
LIMITED BRANDS INC COM 532716107 22 952 SH X 1 952
LINCOLN NATL CORP IND COM 534187109 5,389 115,456 SH X 1 115,128 328
LINCOLN NATL CORP IND COM 534187109 517 11,068 SH X 1 6 11,068
LINEAR TECHNOLOGY CORP COM 535678106 310 7,988 SH X 1 7,958 30
LINEAR TECHNOLOGY CORP COM 535678106 19 487 SH X 1 487
LIZ CLAIBORNE INC COM 539320101 9,603 227,502 SH X 1 227,502
LIZ CLAIBORNE INC COM 539320101 107 2,532 SH X 1 2,532
LOCKHEED MARTIN CORP COM 539830109 573 10,312 SH X 1 9,588 52 672
LOCKHEED MARTIN CORP COM 539830109 207 3,721 SH X 1 50 2,323 1,348
LONGVIEW FIBRE CO COM 543213102 736 40,580 SH X 1 37,247 2,533 800
LOUISIANA PAC CORP COM 546347105 1,107 41,396 SH X 1 41,396
LOUISIANA PAC CORP COM 546347105 9 329 SH X 1 329
LOWES COS INC COM 548661107 11,586 201,180 SH X 1 196,600 1,070 3,510
LOWES COS INC COM 548661107 1,067 18,521 SH X 1 6 1,050 17,471
LUCENT TECHNOLOGIES COM 549463107 217 57,728 SH X 1 56,680 1,048
LUCENT TECHNOLOGIES COM 549463107 196 52,065 SH X 1 6 52,065
MAF BANCORP INC COM 55261R108 163 3,642 SH X 1 3,642
MAF BANCORP INC COM 55261R108 106 2,370 SH X 1 2,370
MBIA INC COM 55262C100 211 3,328 SH X 1 3,291 37
MBIA INC COM 55262C100 325 5,134 SH X 1 5,134
MBNA CORP COM 55262L100 1,945 68,998 SH X 1 66,192 118 2,688
MBNA CORP COM 55262L100 598 21,230 SH X 1 21,230
M D C HLDGS INC COM 552676108 1,001 11,586 SH X 1 11,586
MDU RES GROUP INC COM 552690109 3,151 118,101 SH X 1 79,431 38,670
MDU RES GROUP INC COM 552690109 413 15,491 SH X 1 594 14,897
MGE ENERGY INC COM 55277P104 2,922 81,112 SH X 1 81,031 81
MGE ENERGY INC COM 55277P104 104 2,880 SH X 1 2,880
MGIC INVT CORP WIS COM 552848103 16,312 236,720 SH X 1 233,260 945 2,515
MGIC INVT CORP WIS COM 552848103 1,075 15,595 SH X 1 690 14,905
MGI PHARMA INC COM 552880106 950 33,929 SH X 1 33,929
MSC INDL DIRECT INC CL A 553530106 5,873 163,220 SH X 1 163,020 200
MSC INDL DIRECT INC CL A 553530106 6 170 SH X 1 170
MANITOWOC INC COM 563571108 1,201 31,906 SH X 1 31,906
MANPOWER INC COM 56418H100 14,633 302,964 SH X 1 297,854 400 4,710
MANPOWER INC COM 56418H100 401 8,310 SH X 1 6 8,310
MARATHON OIL CORP COM 565849106 320 8,506 SH X 1 8,470 36
MARATHON OIL CORP COM 565849106 112 2,967 SH X 1 2,967
MARCUS CORP COM 566330106 7 286 SH X 1 286
MARCUS CORP COM 566330106 510 20,290 SH X 1 20,290
MARSHALL & ILSLEY CORP COM 571834100 203,204 4,597,376 SH X 1 2,287,021 47,068 2,263,287
MARSHALL & ILSLEY CORP COM 571834100 63,694 1,441,046 SH X 1 6 77,932 692,107 671,007
MARRIOTT INTL INC NEW CL A 571903202 2,643 41,969 SH X 1 41,969
MARRIOTT INTL INC NEW CL A 571903202 12 185 SH X 1 185
MARTIN MARIETTA MATLS COM 573284106 6,556 122,183 SH X 1 122,183
MASCO CORP COM 574599106 909 24,884 SH X 1 24,884
MASCO CORP COM 574599106 34 939 SH X 1 939
MATRIA HEALTHCARE INC COM NEW 576817209 2,813 71,990 SH X 1 71,810 180
MAXIM INTEGRATED PRODS INCOM 57772K101 266 6,285 SH X 1 6,129 31 125
MAXIM INTEGRATED PRODS INCOM 57772K101 27 632 SH X 1 632
MARSHALL & ILSLEY TRUST CO N.A.
SECURITIES AND EXCHANGE COMMISSION FORM 13F
ASSETS AS OF 12/31/04
- - - COLUMN 1 - - - COLUMN 2 - - - - - COLUMN 3 - COLUMN 4 - COLUMN 5 COLUMN 6 COLUMN 7 - - - - - - - - - COLUMN 8 - - - -
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INVESTMENT DISCR VOTING AUTHORITY
TITLE MARKET -------------------- --------------------------
OF VALUE SHRS OR SH/PUT/SOLE SHR OTHROTHE SOLE SHARED NONE
NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL(A) (B) (C) MGRS (A) (B) (C)
----------------------------------------------------------------------------------------------------------------------------
MAY DEPT STORES CO COM 577778103 2,746 93,404 SH X 1 92,846 558
MAY DEPT STORES CO COM 577778103 69 2,350 SH X 1 6 2,350
MAYTAG CORP COM 578592107 706 33,464 SH X 1 32,964 500
MCAFEE INC COM 579064106 6,306 217,966 SH X 1 217,966
MCCORMICK & CO INC COM NON VTG 579780206 326 8,457 SH X 1 8,396 61
MCCORMICK & CO INC COM NON VTG 579780206 18 454 SH X 1 454
MCDONALDS CORP COM 580135101 3,579 111,636 SH X 1 110,519 1,117
MCDONALDS CORP COM 580135101 1,654 51,578 SH X 1 30,680 20,898
MCF CORP COM 580395101 1,965 1,034,190 SH X 1 1,031,050 3,140
MCGRAW HILL COS INC COM 580645109 4,878 53,293 SH X 1 44,416 8,802 75
MCGRAW HILL COS INC COM 580645109 490 5,355 SH X 1 5,355
MEADWESTVACO CORP COM 583334107 2,062 60,841 SH X 1 60,682 159
MEADWESTVACO CORP COM 583334107 738 21,762 SH X 1 6 21,582 180
MEDCO HEALTH SOLUTIONS INCOM 58405U102 472 11,339 SH X 1 10,509 83 747
MEDCO HEALTH SOLUTIONS INCOM 58405U102 173 4,157 SH X 1 4,157
MEDICIS PHARMACEUTICAL COCL A NEW 584690309 1,985 56,534 SH X 1 56,534
MEDIMMUNE INC COM 584699102 3,323 122,565 SH X 1 119,305 3,260
MEDIMMUNE INC COM 584699102 402 14,825 SH X 1 140 14,685
MEDTRONIC INC COM 585055106 3,064 61,681 SH X 1 56,407 102 5,172
MEDTRONIC INC COM 585055106 639 12,864 SH X 1 400 12,464
MELLON FINL CORP COM 58551A108 153 4,924 SH X 1 4,924
MELLON FINL CORP COM 58551A108 91 2,912 SH X 1 520 2,392
MERCK & CO INC COM 589331107 23,281 724,354 SH X 1 692,225 19,349 12,780
MERCK & CO INC COM 589331107 3,591 111,732 SH X 1 6 34,978 75,874 880
MEREDITH CORP COM 589433101 296 5,461 SH X 1 5,439 22
MEREDITH CORP COM 589433101 16 286 SH X 1 286
MERRILL LYNCH & CO INC COM 590188108 8,191 137,044 SH X 1 136,488 80 476
MERRILL LYNCH & CO INC COM 590188108 92 1,543 SH X 1 400 1,143
METHANEX CORP COM 59151K108 3,412 186,840 SH X 1 186,840
METLIFE INC COM 59156R108 591 14,587 SH X 1 14,522 65
METLIFE INC COM 59156R108 70 1,726 SH X 1 1,726
MICHAELS STORES INC COM 594087108 2,458 82,016 SH X 1 82,016
MICHAELS STORES INC COM 594087108 29 980 SH X 1 980
MICROSOFT CORP COM 594918104 38,333 1,434,621 SH X 1 1,317,923 44,558 72,140
MICROSOFT CORP COM 594918104 6,058 226,704 SH X 1 6 20,245 206,259 200
MIDCAP SPDR TR UNIT SER 1 595635103 7,594 62,760 SH X 1 62,379 381
MIDCAP SPDR TR UNIT SER 1 595635103 966 7,984 SH X 1 233 7,751
MODINE MFG CO COM 607828100 24,664 730,357 SH X 1 121,971 608,386
MODINE MFG CO COM 607828100 604 17,900 SH X 1 17,900
MONSANTO CO NEW COM 61166W101 4,503 81,067 SH X 1 81,067
MONSANTO CO NEW COM 61166W101 8 137 SH X 1 137
MONSTER WORLDWIDE INC COM 611742107 253 7,524 SH X 1 3,914 3,610
MOODYS CORP COM 615369105 660 7,597 SH X 1 7,567 30
MOODYS CORP COM 615369105 101 1,163 SH X 1 1,163
MORGAN STANLEY COM NEW 617446448 12,691 228,582 SH X 1 221,629 2,625 4,328
MORGAN STANLEY COM NEW 617446448 1,211 21,814 SH X 1 6 880 19,884 1,050
MOTOROLA INC COM 620076109 4,036 234,674 SH X 1 230,212 212 4,250
MOTOROLA INC COM 620076109 401 23,305 SH X 1 7,680 15,625
MURPHY OIL CORP COM 626717102 3,295 40,963 SH X 1 38,653 2,310
MURPHY OIL CORP COM 626717102 91 1,130 SH X 1 6 1,130
NVR INC COM 62944T105 1,072 1,393 SH X 1 1,393
NASDAQ 100 TR UNIT SER 1 631100104 1,401 35,102 SH X 1 35,102
NASDAQ 100 TR UNIT SER 1 631100104 135 3,380 SH X 1 3,380
NATIONAL CITY CORP COM 635405103 5,791 154,215 SH X 1 154,127 88
NATIONAL CITY CORP COM 635405103 32 846 SH X 1 846
NATIONAL SEMICONDUCTOR COCOM 637640103 6,069 338,129 SH X 1 320,621 128 17,380
NATIONAL SEMICONDUCTOR COCOM 637640103 272 15,170 SH X 1 15,170
NAVIGANT CONSULTING COM 63935N107 2,891 108,670 SH X 1 108,330 340
NEENAH PAPER INC COM 640079109 419 12,857 SH X 1 12,857
NEENAH PAPER INC COM 640079109 89 2,715 SH X 1 137 2,578
NESS TECHNOLOGIES INC COM 64104X108 3,696 248,390 SH X 1 247,620 770
NETWORK APPLIANCE INC COM 64120L104 302 9,080 SH X 1 9,080
NETWORK APPLIANCE INC COM 64120L104 31 919 SH X 1 919
NEW FRONTIER MEDIA INC COM 644398109 2,541 320,830 SH X 1 319,840 990
NEWELL RUBBERMAID INC COM 651229106 1,172 48,448 SH X 1 45,753 2,473 222
NEWELL RUBBERMAID INC COM 651229106 52 2,132 SH X 1 6 2,132
NEWMONT MINING CORP COM 651639106 380 8,561 SH X 1 8,529 32
NEWMONT MINING CORP COM 651639106 114 2,576 SH X 1 2,576
NEWS CORP CL A 65248E104 419 22,468 SH X 1 22,468
NEWS CORP CL A 65248E104 12 648 SH X 1 648
NEXTEL COMMUNICATIONS CL A 65332V103 1,061 35,341 SH X 1 35,136 205
NEXTEL COMMUNICATIONS CL A 65332V103 39 1,288 SH X 1 75 1,213
NICOR INC COM 654086107 945 25,585 SH X 1 25,435 150
NICOR INC COM 654086107 51 1,374 SH X 1 6 1,374
NIKE INC CL B 654106103 6,148 67,794 SH X 1 65,130 24 2,640
NIKE INC CL B 654106103 252 2,778 SH X 1 6 2,778
NISOURCE INC COM 65473P105 224 9,821 SH X 1 9,821
NISOURCE INC COM 65473P105 27 1,172 SH X 1 200 972
NOKIA CORP SPONSORED ADR 654902204 294 18,778 SH X 1 18,778
NOKIA CORP SPONSORED ADR 654902204 71 4,545 SH X 1 225 4,320
NOBLE ENERGY INC COM 655044105 9,785 158,687 SH X 1 158,687
NOBLE ENERGY INC COM 655044105 43 705 SH X 1 300 405
NORDSTROM INC COM 655664100 418 8,936 SH X 1 8,909 27
NORDSTROM INC COM 655664100 15 324 SH X 1 324
NORFOLK SOUTHERN CORP COM 655844108 4,990 137,879 SH X 1 137,818 61
NORFOLK SOUTHERN CORP COM 655844108 32 885 SH X 1 6 885
NORTEL NETWORKS CORP COM 656568102 266 76,750 SH X 1 75,250 1,500
NORTH FORK BANCORP COM 659424105 1,238 42,916 SH X 1 42,617 100 199
NORTH FORK BANCORP COM 659424105 551 19,100 SH X 1 6 19,100
NORTHERN TR CORP COM 665859104 6,204 127,706 SH X 1 122,896 4,810
NORTHERN TR CORP COM 665859104 428 8,803 SH X 1 6 8,803
MARSHALL & ILSLEY TRUST CO N.A.
SECURITIES AND EXCHANGE COMMISSION FORM 13F
ASSETS AS OF 12/31/04
- - - COLUMN 1 - - - COLUMN 2 - - - - - COLUMN 3 - COLUMN 4 - COLUMN 5 COLUMN 6 COLUMN 7 - - - - - - - - - COLUMN 8 - - - -
----------------------------------------------------------------------------------------------------------------------------
INVESTMENT DISCR VOTING AUTHORITY
TITLE MARKET -------------------- --------------------------
OF VALUE SHRS OR SH/PUT/SOLE SHR OTHROTHE SOLE SHARED NONE
NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL(A) (B) (C) MGRS (A) (B) (C)
----------------------------------------------------------------------------------------------------------------------------
NORTHROP GRUMMAN CORP COM 666807102 9,185 168,960 SH X 1 168,624 36 300
NORTHROP GRUMMAN CORP COM 666807102 401 7,383 SH X 1 7,383
NOVATEL WIRELESS INC COM NEW 66987M604 803 41,380 SH X 1 41,250 130
NUCOR CORP COM 670346105 12,988 248,153 SH X 1 248,131 22
NUCOR CORP COM 670346105 13 240 SH X 1 240
NVIDIA CORP COM 67066G104 324 13,761 SH X 1 13,661 100
NVIDIA CORP COM 67066G104 9 395 SH X 1 395
OSI PHARMACEUTICALS COM 671040103 4,132 55,210 SH X 1 55,210
OCCIDENTAL PETE CORP COM 674599105 1,814 31,076 SH X 1 31,012 64
OCCIDENTAL PETE CORP COM 674599105 272 4,657 SH X 1 1,945 2,712
OCCULOGIX INC COM 67461T107 791 77,530 SH X 1 77,300 230
OLD NATL BANCORP IND COM 680033107 375 14,483 SH X 1 14,483
OLD REP INTL CORP COM 680223104 97 3,845 SH X 1 3,845
OLD REP INTL CORP COM 680223104 7,680 303,543 SH X 1 303,543
OMNICOM GROUP INC COM 681919106 293 3,472 SH X 1 3,446 26
OMNICOM GROUP INC COM 681919106 8 89 SH X 1 89
OPEN SOLUTIONS INC COM 68371P102 2,686 103,470 SH X 1 103,150 320
ORACLE CORP COM 68389X105 4,754 346,536 SH X 1 337,281 2,305 6,950
ORACLE CORP COM 68389X105 487 35,505 SH X 1 4,548 30,957
OSHKOSH TRUCK CORP COM 688239201 6,523 95,393 SH X 1 95,263 130
OSHKOSH TRUCK CORP COM 688239201 1,723 25,200 SH X 1 25,200
OUTBACK STEAKHOUSE INC COM 689899102 631 13,785 SH X 1 13,785
OUTBACK STEAKHOUSE INC COM 689899102 85 1,865 SH X 1 1,865
PG&E CORP COM 69331C108 326 9,807 SH X 1 9,807
PG&E CORP COM 69331C108 3 97 SH X 1 97
PNC FINL SVCS GROUP COM 693475105 5,384 93,730 SH X 1 91,085 2,645
PNC FINL SVCS GROUP COM 693475105 108 1,881 SH X 1 6 1,881
POSCO SPONSORED ADR 693483109 285 6,400 SH X 1 6,400
POSCO SPONSORED ADR 693483109 41 916 SH X 1 916
PPG INDS INC COM 693506107 4,609 67,619 SH X 1 67,451 168
PPG INDS INC COM 693506107 313 4,590 SH X 1 6 4,000 590
PPL CORP COM 69351T106 3,368 63,218 SH X 1 63,073 145
PPL CORP COM 69351T106 34 646 SH X 1 6 646
PACCAR INC COM 693718108 273 3,390 SH X 1 3,368 22
PACCAR INC COM 693718108 6 77 SH X 1 77
PACIFIC SUNWEAR CALIF COM 694873100 1,642 73,761 SH X 1 73,531 230
PACKAGING CORP AMER COM 695156109 8,892 377,582 SH X 1 377,582
PARAMETRIC TECHNOLOGY COM 699173100 1,256 213,256 SH X 1 213,256
PARKER HANNIFIN CORP COM 701094104 23,274 307,294 SH X 1 301,036 2,583 3,675
PARKER HANNIFIN CORP COM 701094104 747 9,865 SH X 1 6 515 9,350
PATINA OIL & GAS CORP COM 703224105 279 7,448 SH X 1 7,448
PATTERSON COMPANIES COM 703395103 361 8,316 SH X 1 8,316
PATTERSON COMPANIES COM 703395103 35 800 SH X 1 800
PAYCHEX INC COM 704326107 529 15,535 SH X 1 15,485 50
PAYCHEX INC COM 704326107 10 282 SH X 1 282
PENNEY J C INC COM 708160106 7,557 182,534 SH X 1 176,096 248 6,190
PENNEY J C INC COM 708160106 626 15,123 SH X 1 6 770 14,353
PENTAIR INC COM 709631105 4,008 92,000 SH X 1 92,000
PENTAIR INC COM 709631105 68 1,557 SH X 1 1,557
PEPSICO INC COM 713448108 22,405 429,223 SH X 1 410,010 12,279 6,934
PEPSICO INC COM 713448108 3,375 64,650 SH X 1 6 9,395 52,225 3,030
PERKINELMER INC COM 714046109 1,853 82,384 SH X 1 82,325 59
PERKINELMER INC COM 714046109 16 715 SH X 1 715
PETCO ANIMAL SUPPLIES COM NEW 716016209 2,451 62,090 SH X 1 61,900 190
PETCO ANIMAL SUPPLIES COM NEW 716016209 2 40 SH X 1 40
PETSMART INC COM 716768106 2,902 81,688 SH X 1 81,688
PETSMART INC COM 716768106 10 270 SH X 1 270
PFIZER INC COM 717081103 25,622 952,846 SH X 1 899,406 28,750 24,690
PFIZER INC COM 717081103 5,184 192,791 SH X 1 6 26,625 152,666 13,500
PHELPS DODGE CORP COM 717265102 1,041 10,528 SH X 1 10,517 11
PHELPS DODGE CORP COM 717265102 17 170 SH X 1 21 149
PIER 1 IMPORTS INC COM 720279108 7,845 398,210 SH X 1 398,210
PINNACLE WEST CAP CORP COM 723484101 1,359 30,595 SH X 1 30,211 300 84
PINNACLE WEST CAP CORP COM 723484101 37 835 SH X 1 6 835
PITNEY BOWES INC COM 724479100 240 5,177 SH X 1 4,937 240
PITNEY BOWES INC COM 724479100 88 1,898 SH X 1 1,898
PLUM CREEK TIMBER CO COM 729251108 5,443 141,603 SH X 1 141,027 65 511
PLUM CREEK TIMBER CO COM 729251108 864 22,483 SH X 1 6 22,483
POLYCOM INC COM 73172K104 6,814 292,199 SH X 1 291,769 430
POLYCOM INC COM 73172K104 8 360 SH X 1 360
POWELL INDS INC COM 739128106 521 28,200 SH X 1 28,200
PRAXAIR INC COM 74005P104 691 15,648 SH X 1 13,443 80 2,125
PRAXAIR INC COM 74005P104 107 2,426 SH X 1 2,426
PRECISION CASTPARTS COM 740189105 4,017 61,161 SH X 1 61,161
PRINCIPAL FINANCL GRP COM 74251V102 485 11,840 SH X 1 11,498 207 135
PRINCIPAL FINANCL GRP COM 74251V102 6 147 SH X 1 147
PROCTER & GAMBLE CO COM 742718109 24,806 450,358 SH X 1 431,318 4,772 14,268
PROCTER & GAMBLE CO COM 742718109 3,915 71,083 SH X 1 6 13,782 57,101 200
PROGRESS ENERGY INC COM 743263105 4,202 92,889 SH X 1 92,325 64 500
PROGRESS ENERGY INC COM 743263105 88 1,946 SH X 1 6 1,946
PROGRESSIVE CORP OHIO COM 743315103 631 7,432 SH X 1 7,393 39
PROGRESSIVE CORP OHIO COM 743315103 60 706 SH X 1 706
PROQUEST COMPANY COM 74346P102 9,064 305,194 SH X 1 305,194
PROTECTIVE LIFE CORP COM 743674103 10,940 256,261 SH X 1 256,261
PROVIDIAN FINL CORP COM 74406A102 494 30,021 SH X 1 29,840 181
PROVIDIAN FINL CORP COM 74406A102 14 866 SH X 1 866
PRUDENTIAL FINL INC COM 744320102 1,958 35,624 SH X 1 35,570 54
PRUDENTIAL FINL INC COM 744320102 20 357 SH X 1 357
PUBLIC SVC ENTRPRS GRP COM 744573106 3,845 74,266 SH X 1 74,079 187
PUBLIC SVC ENTRPRS GRP COM 744573106 57 1,096 SH X 1 6 1,096
PULTE HOMES INC COM 745867101 308 4,830 SH X 1 4,802 28
MARSHALL & ILSLEY TRUST CO N.A.
SECURITIES AND EXCHANGE COMMISSION FORM 13F
ASSETS AS OF 12/31/04
- - - COLUMN 1 - - - COLUMN 2 - - - - - COLUMN 3 - COLUMN 4 - COLUMN 5 COLUMN 6 COLUMN 7 - - - - - - - - - COLUMN 8 - - - -
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INVESTMENT DISCR VOTING AUTHORITY
TITLE MARKET -------------------- --------------------------
OF VALUE SHRS OR SH/PUT/SOLE SHR OTHROTHE SOLE SHARED NONE
NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL(A) (B) (C) MGRS (A) (B) (C)
----------------------------------------------------------------------------------------------------------------------------
PULTE HOMES INC COM 745867101 12 193 SH X 1 193
QSOUND LABS INC COM NEW 74728C307 1,302 155,240 SH X 1 155,240
QUALCOMM INC COM 747525103 3,628 85,572 SH X 1 82,260 142 3,170
QUALCOMM INC COM 747525103 601 14,181 SH X 1 95 14,086
QUEST DIAGNOSTICS INC COM 74834L100 2,896 30,305 SH X 1 30,305
QUEST DIAGNOSTICS INC COM 74834L100 42 440 SH X 1 440
QUESTAR CORP COM 748356102 164 3,223 SH X 1 3,223
QUESTAR CORP COM 748356102 41 800 SH X 1 800
RSA SEC INC COM 749719100 2,933 146,215 SH X 1 145,765 450
RADIAN GROUP INC COM 750236101 961 18,041 SH X 1 18,041
RADIAN GROUP INC COM 750236101 60 1,134 SH X 1 1,134
RADIOSHACK CORP COM 750438103 1,752 53,273 SH X 1 53,222 51
RADIOSHACK CORP COM 750438103 18 553 SH X 1 553
RANGE RES CORP COM 75281A109 866 42,310 SH X 1 42,310
RAYTHEON CO COM NEW 755111507 284 7,305 SH X 1 7,299 6
RAYTHEON CO COM NEW 755111507 190 4,906 SH X 1 1,950 2,956
REGAL BELOIT CORP COM 758750103 16,724 584,768 SH X 1 583,268 1,500
REGAL BELOIT CORP COM 758750103 251 8,760 SH X 1 8,760
REGIONS FINANCIAL CORP NECOM 7591EP100 424 11,902 SH X 1 11,902
REGIONS FINANCIAL CORP NECOM 7591EP100 13 371 SH X 1 371
REPUBLIC SVCS INC COM 760759100 6,165 183,804 SH X 1 183,804
REPUBLIC SVCS INC COM 760759100 100 2,970 SH X 1 2,970
REYNOLDS AMERICAN INC COM 761713106 2,379 30,263 SH X 1 30,192 71
REYNOLDS AMERICAN INC COM 761713106 7 93 SH X 1 93
RIO TINTO PLC SPONSORED ADR 767204100 167 1,400 SH X 1 1,400
RIO TINTO PLC SPONSORED ADR 767204100 74 622 SH X 1 622
ROCKWELL AUTOMATION COM 773903109 1,993 40,228 SH X 1 39,190 38 1,000
ROCKWELL AUTOMATION COM 773903109 236 4,767 SH X 1 300 1,267 3,200
ROCKWELL COLLINS INC COM 774341101 1,488 37,718 SH X 1 36,648 70 1,000
ROCKWELL COLLINS INC COM 774341101 94 2,389 SH X 1 300 2,089
ROYAL DUTCH PETE CO NY REG EUR .56 780257804 5,460 95,163 SH X 1 84,898 4,865 5,400
ROYAL DUTCH PETE CO NY REG EUR .56 780257804 1,696 29,566 SH X 1 6 3,252 26,314
SBC COMMUNICATIONS INC COM 78387G103 37,039 1,437,284 SH X 1 1,408,125 15,171 13,988
SBC COMMUNICATIONS INC COM 78387G103 5,003 194,159 SH X 1 6 10,689 174,381 9,089
SEI INVESTMENTS CO COM 784117103 956 22,799 SH X 1 22,799
SEI INVESTMENTS CO COM 784117103 8 200 SH X 1 200
SFBC INTL INC COM 784121105 3,270 82,790 SH X 1 82,530 260
SFBC INTL INC COM 784121105 2 57 SH X 1 57
SLM CORP COM 78442P106 462 8,656 SH X 1 8,609 47
SLM CORP COM 78442P106 32 591 SH X 1 591
SPDR TR UNIT SER 1 78462F103 8,910 73,712 SH X 1 72,238 1,474
SPDR TR UNIT SER 1 78462F103 1,962 16,234 SH X 1 16,234
SAFECO CORP COM 786429100 10,110 193,528 SH X 1 193,481 47
SAFECO CORP COM 786429100 12 229 SH X 1 229
ST JOE CO COM 790148100 533 8,300 SH X 1 8,300
ST JUDE MED INC COM 790849103 4,629 110,399 SH X 1 105,591 1,688 3,120
ST JUDE MED INC COM 790849103 659 15,726 SH X 1 6 15,726
ST PAUL TRAVELERS INC COM 792860108 1,795 48,432 SH X 1 48,395 37
ST PAUL TRAVELERS INC COM 792860108 17 462 SH X 1 462
SAKS INC COM 79377W108 189 13,000 SH X 1 13,000
SAKS INC COM 79377W108 3 220 SH X 1 220
SANTARUS INC COM 802817304 2,477 274,040 SH X 1 273,220 820
SANTARUS INC COM 802817304 2 200 SH X 1 200
SAP AKTIENGESELLSCHAFT SPONSORED ADR 803054204 244 5,530 SH X 1 5,530
SAP AKTIENGESELLSCHAFT SPONSORED ADR 803054204 53 1,200 SH X 1 1,200
SAPIENT CORP COM 803062108 2,457 310,590 SH X 1 309,630 960
SARA LEE CORP COM 803111103 10,532 436,270 SH X 1 424,727 9,270 2,273
SARA LEE CORP COM 803111103 679 28,142 SH X 1 6 5,600 18,242 4,300
SASOL LTD SPONSORED ADR 803866300 3,286 151,590 SH X 1 151,590
SCHERING PLOUGH CORP COM 806605101 1,415 67,757 SH X 1 67,623 134
SCHERING PLOUGH CORP COM 806605101 555 26,569 SH X 1 11,100 12,669 2,800
SCHLUMBERGER LTD COM 806857108 3,200 47,796 SH X 1 46,274 453 1,069
SCHLUMBERGER LTD COM 806857108 785 11,730 SH X 1 6 800 10,830 100
SCHOLASTIC CORP COM 807066105 3,823 103,444 SH X 1 103,444
SCIENTIFIC ATLANTA INC COM 808655104 286 8,672 SH X 1 8,672
SCIENTIFIC ATLANTA INC COM 808655104 7 215 SH X 1 215
SEARS ROEBUCK & CO COM 812387108 1,274 24,971 SH X 1 24,771 200
SEARS ROEBUCK & CO COM 812387108 63 1,235 SH X 1 500 735
SELECT SECTOR SPDR TR SBI INT-TECH 81369Y803 338 16,025 SH X 1 16,025
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 183 6,580 SH X 1 6,230 350
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 41 1,461 SH X 1 1,461
SEMPRA ENERGY COM 816851109 2,813 76,679 SH X 1 76,273 406
SEMPRA ENERGY COM 816851109 31 854 SH X 1 6 854
SENSIENT TECHNOLOGIES COM 81725T100 373 15,546 SH X 1 13,546 2,000
SENSIENT TECHNOLOGIES COM 81725T100 46 1,930 SH X 1 1,930
SEPRACOR INC COM 817315104 3,638 61,278 SH X 1 61,278
7-ELEVEN INC COM NEW 817826209 972 40,600 SH X 1 40,600
SHERWIN WILLIAMS CO COM 824348106 515 11,538 SH X 1 11,538
SHERWIN WILLIAMS CO COM 824348106 2 48 SH X 1 48
SIEMENS A G SPONSORED ADR 826197501 152 1,800 SH X 1 1,800
SIEMENS A G SPONSORED ADR 826197501 191 2,250 SH X 1 2,250
SIGMA ALDRICH CORP COM 826552101 1,085 17,942 SH X 1 15,500 2,442
SIGMA ALDRICH CORP COM 826552101 32 526 SH X 1 526
SILICON LABORATORIES COM 826919102 3,990 112,985 SH X 1 112,985
SIMON PPTY GROUP INC COM 828806109 4,627 71,542 SH X 1 71,146 396
SIMON PPTY GROUP INC COM 828806109 48 746 SH X 1 6 746
SKYWORKS SOLUTIONS INC COM 83088M102 134 14,261 SH X 1 14,261
SMITH A O COM 831865209 128 4,283 SH X 1 4,283
SMITH A O COM 831865209 240 8,000 SH X 1 8,000
SMITHFIELD FOODS INC COM 832248108 7,925 267,821 SH X 1 267,821
SMUCKER J M CO COM NEW 832696405 41 864 SH X 1 864
MARSHALL & ILSLEY TRUST CO N.A.
SECURITIES AND EXCHANGE COMMISSION FORM 13F
ASSETS AS OF 12/31/04
- - - COLUMN 1 - - - COLUMN 2 - - - - - COLUMN 3 - COLUMN 4 - COLUMN 5 COLUMN 6 COLUMN 7 - - - - - - - - - COLUMN 8 - - - -
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INVESTMENT DISCR VOTING AUTHORITY
TITLE MARKET -------------------- --------------------------
OF VALUE SHRS OR SH/PUT/SOLE SHR OTHROTHE SOLE SHARED NONE
NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL(A) (B) (C) MGRS (A) (B) (C)
----------------------------------------------------------------------------------------------------------------------------
SMUCKER J M CO COM NEW 832696405 308 6,544 SH X 1 6,544
SMURFIT-STONE CONTAINR COM 832727101 7,614 407,578 SH X 1 407,578
SNAP ON INC COM 833034101 8,585 249,846 SH X 1 249,846
SNAP ON INC COM 833034101 268 7,800 SH X 1 7,800
SOUTHERN CO COM 842587107 8,453 252,176 SH X 1 248,812 1,279 2,085
SOUTHERN CO COM 842587107 516 15,387 SH X 1 4,702 5,915 4,770
SOUTHWESTERN ENERGY CO COM 845467109 325 6,403 SH X 1 6,403
SOVEREIGN BANCORP INC COM 845905108 683 30,308 SH X 1 30,308
SPRINT CORP COM FON 852061100 13,258 533,506 SH X 1 531,157 130 2,219
SPRINT CORP COM FON 852061100 285 11,481 SH X 1 6 11,481
STAPLES INC COM 855030102 550 16,321 SH X 1 16,096 225
STAPLES INC COM 855030102 56 1,663 SH X 1 1,663
STARBUCKS CORP COM 855244109 1,620 25,983 SH X 1 25,941 42
STARBUCKS CORP COM 855244109 66 1,062 SH X 1 70 992
STARWOOD HTLS & RSRTS PAIRED CTF 85590A203 553 9,463 SH X 1 9,463
STARWOOD HTLS & RSRTS PAIRED CTF 85590A203 37 628 SH X 1 628
STATE STR CORP COM 857477103 1,065 21,683 SH X 1 21,608 75
STATE STR CORP COM 857477103 55 1,121 SH X 1 1,121
STORA ENSO CORP SPON ADR REP R 86210M106 1,108 72,833 SH X 1 72,833
STRYKER CORP COM 863667101 606 12,550 SH X 1 12,514 36
STRYKER CORP COM 863667101 537 11,120 SH X 1 11,120
SUN MICROSYSTEMS INC COM 866810104 111 20,532 SH X 1 20,532
SUN MICROSYSTEMS INC COM 866810104 55 10,268 SH X 1 700 9,568
SUNGARD DATA SYS INC COM 867363103 13,459 475,068 SH X 1 474,951 117
SUNGARD DATA SYS INC COM 867363103 7 255 SH X 1 255
SUNOCO INC COM 86764P109 1,364 16,691 SH X 1 16,691
SUNOCO INC COM 86764P109 22 271 SH X 1 271
SUNTRUST BKS INC COM 867914103 6,131 82,984 SH X 1 82,756 26 202
SUNTRUST BKS INC COM 867914103 64 866 SH X 1 6 866
SUPERVALU INC COM 868536103 6,516 188,772 SH X 1 188,772
SUPERVALU INC COM 868536103 19 545 SH X 1 545
SURMODICS INC COM 868873100 445 13,680 SH X 1 13,680
SWIFT TRANSN CO COM 870756103 8,616 401,124 SH X 1 401,124
SYMANTEC CORP COM 871503108 556 21,585 SH X 1 21,513 72
SYMANTEC CORP COM 871503108 51 1,991 SH X 1 160 1,831
SYNOVUS FINL CORP COM 87161C105 1,098 38,431 SH X 1 38,320 111
SYNOVUS FINL CORP COM 87161C105 5 189 SH X 1 189
SYSCO CORP COM 871829107 1,017 26,644 SH X 1 19,242 102 7,300
SYSCO CORP COM 871829107 235 6,147 SH X 1 6,147
TCF FINL CORP COM 872275102 533 16,570 SH X 1 1,570 15,000
TCF FINL CORP COM 872275102 57 1,760 SH X 1 1,760
TECO ENERGY INC COM 872375100 5,874 382,641 SH X 1 377,641 5,000
TECO ENERGY INC COM 872375100 12 800 SH X 1 800
TJX COS INC NEW COM 872540109 346 13,755 SH X 1 13,641 114
TJX COS INC NEW COM 872540109 35 1,377 SH X 1 800 577
TAIWAN SEMICNDCTR MFG SPONSORED ADR 874039100 84 9,872 SH X 1 9,872
TAIWAN SEMICNDCTR MFG SPONSORED ADR 874039100 62 7,302 SH X 1 7,302
TARGET CORP COM 87612E106 4,540 87,425 SH X 1 85,303 82 2,040
TARGET CORP COM 87612E106 1,874 36,088 SH X 1 23,200 12,888
TECUMSEH PRODS CO CL A 878895200 247 5,170 SH X 1 5,170
TEKTRONIX INC COM 879131100 1,576 52,178 SH X 1 52,147 31
TEKTRONIX INC COM 879131100 8 254 SH X 1 254
TEMPUR PEDIC INTL INC COM 88023U101 9,210 434,450 SH X 1 433,810 640
TEXAS INSTRS INC COM 882508104 1,523 61,873 SH X 1 53,471 2,602 5,800
TEXAS INSTRS INC COM 882508104 601 24,391 SH X 1 2,000 22,391
TEXTRON INC COM 883203101 4,097 55,509 SH X 1 55,509
TEXTRON INC COM 883203101 3 34 SH X 1 34
THERMO ELECTRON CORP COM 883556102 225 7,458 SH X 1 7,401 57
THERMO ELECTRON CORP COM 883556102 12 393 SH X 1 393
THIRD WAVE TECHNOLGS COM 88428W108 13 1,500 SH X 1 1,500
THIRD WAVE TECHNOLGS COM 88428W108 327 38,000 SH X 1 38,000
3M CO COM 88579Y101 24,954 304,060 SH X 1 298,675 2,635 2,750
3M CO COM 88579Y101 5,152 62,774 SH X 1 6 8,325 53,649 800
TIBCO SOFTWARE INC COM 88632Q103 4,629 347,034 SH X 1 345,964 1,070
TIBCO SOFTWARE INC COM 88632Q103 3 235 SH X 1 235
TIME WARNER INC COM 887317105 10,094 518,965 SH X 1 504,125 5,215 9,625
TIME WARNER INC COM 887317105 876 45,052 SH X 1 6 125 44,819 108
TORCHMARK CORP COM 891027104 418 7,309 SH X 1 7,270 39
TORCHMARK CORP COM 891027104 15 257 SH X 1 257
TOREADOR RES CORP COM 891050106 1,723 77,630 SH X 1 77,390 240
TRAMMELL CROW CO COM 89288R106 1,972 108,900 SH X 1 108,540 360
TRANSCANADA CORP COM 89353D107 286 11,500 SH X 1 11,500
TRIAD HOSPITALS INC COM 89579K109 932 25,059 SH X 1 25,059
TRIBUNE CO NEW COM 896047107 1,084 25,730 SH X 1 25,730
TRIBUNE CO NEW COM 896047107 336 7,968 SH X 1 7,968
TUPPERWARE CORP COM 899896104 315 15,216 SH X 1 13,216 2,000
TUPPERWARE CORP COM 899896104 685 33,073 SH X 1 18,568 14,505
TYCO INTL LTD NEW COM 902124106 2,504 70,073 SH X 1 69,887 186
TYCO INTL LTD NEW COM 902124106 737 20,610 SH X 1 20,610
UST INC COM 902911106 4,693 97,550 SH X 1 97,384 27 139
UST INC COM 902911106 112 2,333 SH X 1 2,000 333
US BANCORP DEL COM NEW 902973304 28,155 898,957 SH X 1 884,617 3,491 10,849
US BANCORP DEL COM NEW 902973304 3,081 98,363 SH X 1 6 25,917 72,446
U S XPRESS ENTERPRISES CL A 90338N103 1,465 50,000 SH X 1 49,850 150
UNION PAC CORP COM 907818108 852 12,672 SH X 1 8,802 2,770 1,100
UNION PAC CORP COM 907818108 282 4,193 SH X 1 700 2,927 566
UNITED NAT FOODS INC COM 911163103 7,013 225,502 SH X 1 225,202 300
UNITED PARCEL SERVICE CL B 911312106 9,133 106,874 SH X 1 104,507 217 2,150
UNITED PARCEL SERVICE CL B 911312106 428 5,010 SH X 1 5,010
UNITED STATES STL CORP NECOM 912909108 1,017 19,850 SH X 1 19,850
UNITED STATES STL CORP NECOM 912909108 10 201 SH X 1 201
MARSHALL & ILSLEY TRUST CO N.A.
SECURITIES AND EXCHANGE COMMISSION FORM 13F
ASSETS AS OF 12/31/04
- - - COLUMN 1 - - - COLUMN 2 - - - - - COLUMN 3 - COLUMN 4 - COLUMN 5 COLUMN 6 COLUMN 7 - - - - - - - - - COLUMN 8 - - - -
----------------------------------------------------------------------------------------------------------------------------
INVESTMENT DISCR VOTING AUTHORITY
TITLE MARKET -------------------- --------------------------
OF VALUE SHRS OR SH/PUT/SOLE SHR OTHROTHE SOLE SHARED NONE
NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL(A) (B) (C) MGRS (A) (B) (C)
----------------------------------------------------------------------------------------------------------------------------
UNITED TECHNOLOGIES COM 913017109 4,881 47,224 SH X 1 46,067 643 514
UNITED TECHNOLOGIES COM 913017109 1,200 11,613 SH X 1 400 9,413 1,800
UNITEDHEALTH GROUP INC COM 91324P102 2,076 23,581 SH X 1 21,903 58 1,620
UNITEDHEALTH GROUP INC COM 91324P102 168 1,912 SH X 1 1,912
UNIVERSAL HLTH SVCS CL B 913903100 3,500 78,646 SH X 1 78,646
UNIVISION COMMUNICATNS CL A 914906102 288 9,836 SH X 1 7,826 2,010
UNIVISION COMMUNICATNS CL A 914906102 7 250 SH X 1 250
URBAN OUTFITTERS INC COM 917047102 1,009 22,736 SH X 1 22,736
URBAN OUTFITTERS INC COM 917047102 10 230 SH X 1 230
V F CORP COM 918204108 1,109 20,028 SH X 1 20,028
V F CORP COM 918204108 3 63 SH X 1 63
VALERO ENERGY CORP NEW COM 91913Y100 1,182 26,044 SH X 1 26,022 22
VALERO ENERGY CORP NEW COM 91913Y100 97 2,135 SH X 1 2,135
VARIAN MED SYS INC COM 92220P105 4,198 97,084 SH X 1 97,084
VARIAN MED SYS INC COM 92220P105 86 1,990 SH X 1 1,990
VERISIGN INC COM 92343E102 3,744 111,418 SH X 1 111,418
VERISIGN INC COM 92343E102 1 40 SH X 1 40
VERIZON COMMUNICATIONS COM 92343V104 48,416 1,195,170 SH X 1 1,179,844 5,647 9,679
VERIZON COMMUNICATIONS COM 92343V104 3,330 82,209 SH X 1 6 10,815 68,111 3,283
VIACOM INC CL B 925524308 1,551 42,614 SH X 1 41,068 448 1,098
VIACOM INC CL B 925524308 372 10,211 SH X 1 868 9,343
VODAFONE GROUP PLC NEW SPONSORED ADR 92857W100 503 18,353 SH X 1 18,353
VODAFONE GROUP PLC NEW SPONSORED ADR 92857W100 105 3,825 SH X 1 400 3,255 170
WPS RESOURCES CORP COM 92931B106 1,869 37,400 SH X 1 36,391 700 309
WPS RESOURCES CORP COM 92931B106 369 7,380 SH X 1 1,700 5,280 400
WACHOVIA CORP 2ND NEW COM 929903102 24,192 459,925 SH X 1 458,842 147 936
WACHOVIA CORP 2ND NEW COM 929903102 481 9,149 SH X 1 6 9,149
WAL MART STORES INC COM 931142103 26,352 498,893 SH X 1 470,752 14,145 13,996
WAL MART STORES INC COM 931142103 3,904 73,907 SH X 1 6 8,315 63,392 2,200
WALGREEN CO COM 931422109 18,053 470,492 SH X 1 440,731 2,568 27,193
WALGREEN CO COM 931422109 5,724 149,192 SH X 1 6 39,800 109,392
WASHINGTON MUT INC COM 939322103 10,156 240,199 SH X 1 238,417 91 1,691
WASHINGTON MUT INC COM 939322103 121 2,853 SH X 1 6 2,853
WASTE MGMT INC DEL COM 94106L109 77 2,573 SH X 1 2,573
WASTE MGMT INC DEL COM 94106L109 201 6,705 SH X 1 400 6,305
WATERS CORP COM 941848103 424 9,052 SH X 1 8,992 60
WATERS CORP COM 941848103 25 542 SH X 1 542
WATSON WYATT & CO CL A 942712100 9,640 357,716 SH X 1 357,716
WAUSAU-MOSINEE PAPER COM 943315101 3,619 202,652 SH X 1 202,552 100
WAUSAU-MOSINEE PAPER COM 943315101 5,138 287,696 SH X 1 225,493 62,203
WELLCARE HEALTH PLANS INCCOM 94946T106 2,671 82,190 SH X 1 81,990 200
WELLPOINT INC COM 94973V107 1,311 11,396 SH X 1 11,369 27
WELLPOINT INC COM 94973V107 31 273 SH X 1 273
WELLS FARGO & CO NEW COM 949746101 49,705 799,763 SH X 1 776,189 3,966 19,608
WELLS FARGO & CO NEW COM 949746101 3,398 54,678 SH X 1 6 5,054 48,624 1,000
WESCO INTL INC COM 95082P105 3,529 119,060 SH X 1 118,690 370
WESTELL TECHNOLOGIES CL A 957541105 1,549 227,790 SH X 1 227,080 710
WEYERHAEUSER CO COM 962166104 11,499 171,071 SH X 1 165,047 2,964 3,060
WEYERHAEUSER CO COM 962166104 1,912 28,445 SH X 1 6 9,285 19,130 30
WHIRLPOOL CORP COM 963320106 316 4,567 SH X 1 567 4,000
WHIRLPOOL CORP COM 963320106 653 9,433 SH X 1 9,433
WHITEHALL JEWELLERS COM 965063100 160 20,000 SH X 1 20,000
WILLIAMS COS INC DEL COM 969457100 251 15,414 SH X 1 15,285 129
WILLIAMS COS INC DEL COM 969457100 93 5,707 SH X 1 5,707
WILLIAMS SONOMA INC COM 969904101 926 26,413 SH X 1 26,413
WISCONSIN ENERGY CORP COM 976657106 3,984 118,198 SH X 1 115,696 1,602 900
WISCONSIN ENERGY CORP COM 976657106 1,213 35,993 SH X 1 4,941 28,361 2,691
WORTHINGTON INDS INC COM 981811102 903 46,113 SH X 1 46,113
WRIGLEY WM JR CO COM 982526105 1,237 17,882 SH X 1 7,052 30 10,800
WRIGLEY WM JR CO COM 982526105 1,158 16,731 SH X 1 1,100 15,631
WYETH COM 983024100 11,988 281,466 SH X 1 279,145 2,321
WYETH COM 983024100 2,403 56,420 SH X 1 6,775 49,645
XTO ENERGY INC COM 98385X106 1,039 29,371 SH X 1 29,371
XTO ENERGY INC COM 98385X106 495 13,982 SH X 1 13,982
XCEL ENERGY INC COM 98389B100 9,900 543,952 SH X 1 540,649 3,303
XCEL ENERGY INC COM 98389B100 109 5,965 SH X 1 6 400 5,565
XEROX CORP COM 984121103 8,954 526,423 SH X 1 526,423
XEROX CORP COM 984121103 33 1,919 SH X 1 1,919
YAHOO INC COM 984332106 8,307 220,452 SH X 1 217,729 123 2,600
YAHOO INC COM 984332106 115 3,059 SH X 1 105 2,954
YANKEE CANDLE INC COM 984757104 1,716 51,730 SH X 1 51,570 160
YUM BRANDS INC COM 988498101 333 7,052 SH X 1 6,998 54
YUM BRANDS INC COM 988498101 128 2,713 SH X 1 600 1,851 262
ZEBRA TECHNOLOGIES CL A 989207105 72 1,286 SH X 1 1,286
ZEBRA TECHNOLOGIES CL A 989207105 153 2,727 SH X 1 2,727
ZIMMER HLDGS INC COM 98956P102 9,816 122,519 SH X 1 119,564 55 2,900
ZIMMER HLDGS INC COM 98956P102 1,183 14,766 SH X 1 6 60 14,706
ZOLTEK COS INC COM 98975W104 368 24,600 SH X 1 24,600
----------
FINAL TOTALS $3,901,520
==========
-----------
103,067,181
===========
M&I INVESTMENT MANAGEMENT CORP.
SECURITIES AND EXCHANGE COMMISSION FORM 13F
ASSETS AS OF 12/31/04
- - - COLUMN 1 - - - COLUMN 2 - - - - - COLUMN 3 - COLUMN 4 - COLUMN 5 COLUMN 6 COLUMN 7 - - - - - - - - - COLUMN 8 - - - -
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INVESTMENT DISCR VOTING AUTHORITY
TITLE MARKET -------------------- --------------------------
OF VALUE SHRS OR SH/PUT/SOLE SHR OTHROTHE SOLE SHARED NONE
NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL(A) (B) (C) MGRS (A) (B) (C)
----------------------------------------------------------------------------------------------------------------------------
ABBOTT LABS COM 002824100 454 9,730 SH X 5 9,730
ALTRIA GROUP INC COM 02209S103 388 6,350 SH X 5 6,350
ASSOCIATED BANC CORP COM 045487105 319 9,600 SH X 5 9,600
BANK OF AMERICA CORP COM 060505104 743 15,822 SH X 5 15,822
BB&T CORP COM 054937107 348 8,279 SH X 5 8,279
BED BATH & BEYOND INC COM 075896100 203 5,085 SH X 5 5,085
BELLSOUTH CORP COM 079860102 329 11,850 SH X 5 11,850
CHEVRONTEXACO CORP COM 166764100 647 12,322 SH X 5 12,322
CITIGROUP INC COM 172967101 689 14,308 SH X 5 14,308
CONSTELLATION BRANDS CL A 21036P108 227 4,885 SH X 5 4,885
COOPER INDS LTD CL A G24182100 373 5,500 SH X 5 5,500
DEVELOPERS DVRSFD RLTY COM 251591103 474 10,680 SH X 5 10,680
DOMINION RES INC COM 25746U109 299 4,415 SH X 5 4,415
DOW CHEM CO COM 260543103 468 9,460 SH X 5 9,460
EASTMAN CHEM CO COM 277432100 409 7,089 SH X 5 7,089
ENTERPRISE PRDS PRTNRS COM 293792107 332 12,834 SH X 5 12,834
EXXON MOBIL CORP COM 30231G102 635 12,390 SH X 5 12,390
FEDERAL HOME LN MTG COM 313400301 205 2,780 SH X 5 2,780
GENERAL ELEC CO COM 369604103 823 22,550 SH X 5 22,550
GENERAL GROWTH PPTYS COM 370021107 515 14,235 SH X 5 14,235
GILLETTE CO COM 375766102 204 4,550 SH X 5 4,550
HARLEY DAVIDSON INC COM 412822108 354 5,830 SH X 5 5,830
ISTAR FINL INC COM 45031U101 550 12,143 SH X 5 12,143
INLAND REAL ESTATE COM 457461101 337 21,100 SH X 5 21,100
INTEL CORP COM 458140100 205 8,780 SH X 5 8,780
ISHARES TR RUSSELL MCP GR 464287481 3,887 46,000 SH X 5 46,000
ISHARES TR RUSL 2000 GROW 464287648 4,011 59,600 SH X 5 59,600
JPMORGAN & CHASE & CO COM 46625H100 441 11,293 SH X 5 11,293
KERR MCGEE CORP COM 492386107 344 5,950 SH X 5 5,950
LOWES COS INC COM 548661107 417 7,250 SH X 5 7,250
MARSHALL & ILSLEY CORP COM 571834100 225 5,085 SH X 5 5,085
MERCK & CO INC COM 589331107 388 12,071 SH X 5 12,071
MICROSOFT CORP COM 594918104 333 12,445 SH X 5 12,445
NASDAQ 100 TR UNIT SER 1 631100104 343 8,600 SH X 5 8,600
NEWTEK BUSINESS SVCS COM 652526104 74 17,175 SH X 5 17,175
OCCIDENTAL PETE CORP COM 674599105 438 7,500 SH X 5 7,500
OSHKOSH TRUCK CORP COM 688239201 780 11,417 SH X 5 11,417
PARKER HANNIFIN CORP COM 701094104 303 4,000 SH X 5 4,000
PITNEY BOWES INC COM 724479100 301 6,500 SH X 5 6,500
PPG INDS INC COM 693506107 327 4,803 SH X 5 4,803
PPL CORP COM 69351T106 352 6,611 SH X 5 6,611
QLOGIC CORP COM 747277101 225 6,125 SH X 5 6,125
QUEST DIAGNOSTICS INC COM 74834L100 232 2,430 SH X 5 2,430
RPM INTL INC COM 749685103 326 16,600 SH X 5 16,600
SBC COMMUNICATIONS INC COM 78387G103 530 20,579 SH X 5 20,579
SLM CORP COM 78442P106 210 3,925 SH X 5 3,925
ST PAUL TRAVELERS INC COM 792860108 263 7,100 SH X 5 7,100
SCHERING PLOUGH CORP COM 806605101 209 10,020 SH X 5 10,020
SIMON PPTY GROUP INC COM 828806109 355 5,493 SH X 5 5,493
STANLEY WKS COM 854616109 363 7,400 SH X 5 7,400
SUNGARD DATA SYS INC COM 867363103 222 7,820 SH X 5 7,820
TEPPCO PARTNERS L P UT LTD PARTNER 872384102 297 7,545 SH X 5 7,545
US BANCORP DEL COM NEW 902973304 433 13,817 SH X 5 13,817
VALERO L P COM UT LTD PRT 91913W104 349 5,865 SH X 5 5,865
VERIZON COMMUNICATIONS COM 92343V104 536 13,238 SH X 5 13,238
VORNADO RLTY TR SH BEN INT 929042109 432 5,670 SH X 5 5,670
WAL MART STORES INC COM 931142103 292 5,532 SH X 5 5,532
WASHINGTON MUT INC COM 939322103 340 8,038 SH X 5 8,038
WELLS FARGO & CO NEW COM 949746101 672 10,814 SH X 5 10,814
-------
FINAL TOTALS $29,780
=======
--------
636,878
========