Hollywood Police Officers' Pension Fund
Stock Overlap Analysis
March 31, 2003
Total Assets =			136,913,000.00
	Morningstar
Company	Equity	DHJ	Inverness	Eagle	Combined	Percent of
	Style	(Growth)	(Blend)	(Small Cap)		Total Assets
Procter & Gamble	Large Blend	$378,462.00	$1,959,100.00		$2,337,562.00		1.7%
IBM	Large Blend	$274,505.00	$1,803,890.00		$2,078,395.00		1.5%
American International	Large Blend	$232,415.00	$1,483,500.00		$1,715,915.00		1.3%
General Electric	Large Blend	$433,500.00	$1,275,000.00		$1,708,500.00		1.2%
PepsiCo	Large Blend	$224,000.00	$1,480,000.00		$1,704,000.00		1.2%
Merck	Large Blend	$241,032.00	$1,150,380.00		$1,391,412.00		1.0%
Johnson & Johnson	Large Growth	$497,682.00	$2,083,320.00		$2,581,002.00		1.9%
Pfizer	Large Growth	$470,516.00	$1,558,000.00		$2,028,516.00		1.5%
Intel	Large Growth	$299,552.00	$1,286,120.00		$1,585,672.00		1.2%
Microsoft	Large Growth	$498,726.00	$1,065,240.00		$1,563,966.00		1.1%
Cisco Systems	Large Growth	$327,096.00	$973,500.00		$1,300,596.00		0.9%
Viacom	Large Growth	$124,168.00	$934,912.00		$1,059,080.00		0.8%
Medtronic	Large Growth	$329,376.00	$586,560.00		$915,936.00		0.7%
ExxonMobil	Large Value	$513,765.00	$943,650.00		$1,457,415.00		1.1%
Covance	Mid Growth	$26,588.00		$24,854.00	$51,442.00		0.0%
March 31, 2003		$4,871,383.00	$18,583,172.00		$23,479,409.00		17.1%
December 31, 2002		$4,563,689.00	$18,973,115.00		$23,536,804.00		17.1%
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	a division of Gabriel, Roeder, Smith, & Co.						Page 7