13F-HR 1 l15257ae13fvhr.txt TODD INVESTMENT ADVISORS, INC. 13F-HR/PERIOD END 6-30-05 OMB APPROVAL OMB Number: 3235-006 Expires: February 28, 1994 Estimated average burden hours per form ........24.60 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SEC USE ONLY FORM 13F [ ] INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT MANAGERS PURSUANT TO SECTION 13 (f) OF THE SECURITIES EXCHANGE ACT OF 1934 AND RULES THEREUNDER Report for the Calendar Year or Quarter Ended June 30th, 2005. (Please read instructions before preparing form.) If amended report check here: [ ] Todd Investment Advisors, Inc. -------------------------------------------------------------------------------- Name of Institutional Investment Manager 101 South Fifth Street, Suite 3160 Louisville, KY 40202 -------------------------------------------------------------------------------- Business Address (Street) (City) (State) (Zip) Bosworth M. Todd (502) 585-3121 Chairman -------------------------------------------------------------------------------- Name, Phone No., and Title of Person Duly Authorized to Submit This Report. 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 submitting this Form and its attachments and the person whom it is signed represent hereby that all information contained therein is true, correct and complete. It is understood that all required items, statements and schedules are considered integral parts of this Form and the submission of any amendment represents that all unamended items, statements and schedules remain true, correct and complete as previously submitted. Pursuant to the requirements of Securities Exchange Act of 1934, the undersigned institutional investment manager has caused this report to be signed on its behalf in the City of Louisville and State of Kentucky on the 26th day of July, 2005. TODD INVESTMENT ADVISORS, INC. ----------------------------------------------- (Name of Institutional Investment Manager) Bosworth M. Todd ----------------------------------------------- (Manual Signature of Person Duly Authorized to Submit This Report) Name and 13F file number of ALL Institutional Investment Managers with respect to which this schedule is filled (other than the one filing this report): (list is alphabetical order). 13F File Numbers will be assigned to Institutional Investment Manager after they file their first report.

Name: 13f file No.: Name: 13f file No.: --------------------------------- ------------- -------------------------- --------------------- 1. Todd Investment Advisors, Inc. 28-834 ~~___________________________________________~~6. ~~_____________________~~_________________________________ 2._____________ ~~___________________________________________~~__________________________ _____________________ 32. ~~___________________________________________~~7. ~~_____________________~~_________________________________ 4._____________ ~~___________________________________________~~__________________________ _____________________ 53. ~~___________________________________________~~8. ~~_____________________~~_________________________________ 6._____________ ~~___________________________________________~~__________________________ _____________________ 74. ~~___________________________________________~~9. ~~_____________________~~_________________________________ 8._____________ ~~___________________________________________~~__________________________ _____________________ 95. ~~___________________________________________ _____________________~~ 10. ~~___________________________________________~~_________________________________ _____________ __________________________ _____________________

SEC 1685 (5/91) FORM 13F SUMMARY PAGE REPORT SUMMARY: NUMBER OF OTHER INCLUDED MANAGERS: 0 FORM 13F INFORMATION TABLE ENTRY TOTAL: 137 FORM 13F INFORMATION TABLE VALUE TOTAL: 2,312,702

LIST OF OTHER INCLUDED MANAGERS: NO. 13F FILE NUMBER NAME Page 1 of 9 FORM 13F (SEC USE ONLY) Name of Reporting Manager Todd Investment Advisors

Item 6: Item 8: Investment Discretion Voting Authority (Shares) Item 2: Item 4: Item 5: ~~--------------------------~~Item 7: Item 81: Title Item 3: Fair Shares of (b) Shared- ~~Item~~Managers 7:Name ~~Voting~~of ~~Authority~~Issuer ~~( Shares) Item 1:~~ of CUSIP Market Principal ~~(a) Sole~~ As Defined Shared ~~Managers~~See ~~----------------------------~~(a) ~~Name~~(b) of(c) ~~Issuer~~ Class Number Value Amount (a) Sole in Inst. V Other ~~See~~ Inst. V ~~(a)~~ Sole ~~(b)~~ Shared ~~(c)~~ None ---------------------- ------- --------- --------- --------- --------- ------------ ------ ----------- -------- ---------- --------- 3M CO ~~Common~~ 88579Y101 2,~~585~~128 3029,~~169~~435 2322,~~715~~915 6,~~454~~520 ABBOTT LABS ~~Common~~ 002824100 1,~~443~~520 3031,~~956~~020 9,~~656~~720 21,300 AEGON N V ~~Common~~ 007924103 ~~182~~174 13,520 0 13,520 AGILENT TECHNOLOGIES INC ~~Common~~ 00846U101 6,~~068~~292 273,335 ~~300~~0 273,~~035~~335 ALCOA INC ~~Common~~ 013817101 ~~459~~376 1514,~~110~~400 1514,~~110~~400 0 ALLERGAN INC 018490102 213 2,500 0 2,500 ALLSTATE CORP 020002101 387 6,485 6,485 0 ALTRIA GROUP INC ~~Common~~ 02209S103 49,~~305~~222 ~~754~~761,~~013~~237 ~~222~~229,~~593~~547 531,~~420~~690 AMERICAN EXPRESS CO ~~Common~~ 025816109 1,~~164~~145 2221,~~660~~510 2221,~~660~~510 0 AMERICAN INTL GROUP INC ~~Common~~ 026874107 101,~~248~~541 ~~184~~26,~~951~~517 3616,~~777~~717 ~~148~~9,~~174~~800 ANHEUSER BUSCH COS INC ~~Common~~ 035229103 19,~~732~~787 ~~416~~432,~~365~~505 ~~203~~218,~~290~~640 213,~~075~~865 APPLIED MATLS INC ~~Common~~ 038222105 1011,~~793~~126 ~~664~~687,~~195~~615 ~~344~~367,~~575~~455 ~~319~~320,~~620~~160 ARCHSTONE SMITH TR ~~Common~~ 039583109 45,~~478~~372 ~~131~~139,~~280~~100 ~~113~~121,~~830~~400 17,~~450~~700 ASHLAND INC ~~Common~~ 044204105 ~~341~~363 5,052 5,052 0 AVON PRODS INC ~~Common~~ 054303102 ~~919~~810 21,400 3,000 18,400 BANK OF AMERICA CORP ~~Common~~ 060505104 7679,~~214~~988 1,~~728~~753,~~204~~746 ~~541~~566,~~602~~464 1,~~186~~187,~~602~~282 ~~BELLSOUTH CORP Common 079860102 1,043 39,690 12,790 26,900 BEST BUY INC Common 086516101 55,748 1,032,~~180 ~~308~~,~~750 723,430 BOEING CO Common 097023105 869 14,860 14,860 0~~444

Page 2 of 9 FORM 13F (SEC USE ONLY) Name of Reporting Manager Todd Investment Advisors

Item 6: Item 8: Investment Discretion Voting Authority ( Shares) Item 2: Item 4: Item 5: ~~--------------------------~~ Item 81: Title Item 3: Fair Shares of (b) Shared- Item 7: ~~Voting~~Name ~~Authority~~of (Issuer ~~Shares) Item 1:~~ of CUSIP Market Principal ~~(a) Sole~~ As Defined Shared Managers ~~---------------------------- Name of Issuer~~ Class Number Value Amount (a)Sole in Inst. V Other See Inst. V (a) Sole (b) Shared (c) None ------------------------- ------- --------- --------- --------- ------- ----------- -------- ----------- -------- ---------- --------- ~~241~~BELLSOUTH CORP 079860102 1,~~591~~055 39,690 12,790 26,900 BEST BUY INC 086516101 70,615 1,030,117 306,867 723,250 BOEING CO 097023105 934 14,150 14,150 0 BP PLC ~~Common~~ 055622104 47,~~038~~567 ~~753~~762,~~810~~538 ~~338~~345,~~878~~261 ~~414~~417,~~932~~277 BRISTOL MYERS SQUIBB CO ~~Common~~ 110122108 22,~~123~~432 ~~868~~897,~~924~~998 ~~328~~357,~~970~~334 ~~539~~540,~~954~~664 BROWN FORMAN CL B ~~Common~~ 115637209 ~~684~~780 12,~~500~~900 1,600 1011,~~900~~300 BURLINGTON RES INC ~~Common~~ 122014103 1,~~563~~724 31,210 31,210 0 CAPITAL ONE FINL CORP ~~Common~~ 14040H105 1112,~~515~~322 154,000 0 154,000 CARDINAL HEALTH INC ~~Common~~ 14149Y108 2325,~~639~~117 ~~423~~436,~~642~~202 ~~199~~211,~~485~~715 224,~~157~~487 CATERPILLAR INC DEL ~~Common~~ 149123101 1,~~853~~854 2019,~~260~~450 2019,~~260~~450 0 ~~CHEVRONTEXACO~~CHEVRON CORP ~~Common~~NEW 166764100 4066,~~964~~213 ~~702~~1,~~525~~184,058 ~~297~~374,~~433~~421 ~~405~~809,~~092~~637 CINCINNATI FINL CORP ~~Common~~ 172062101 ~~398~~379 9,~~135~~589 ~~210~~220 89,~~925~~369 CISCO SYS INC ~~Common~~ 17275R102 3134,~~442~~551 1,~~757~~810,~~500~~844 ~~653~~705,~~790~~324 1,~~103~~105,~~710~~520 CITIGROUP INC ~~Common~~ 172967101 6367,~~827~~168 1,~~420~~452,~~262~~900 ~~466~~498,~~532~~060 ~~953~~954,~~730~~840 COCA COLA CO ~~Common~~ 191216100 8,~~092~~078 ~~194~~193,~~181~~488 2928,~~665~~972 164,516 COLGATE PALMOLIVE CO ~~Common~~ 194162103 ~~261~~271 5,~~000~~430 030 5,~~000~~400 ~~COMPUTER ASSOC INTL INC Common 204912109 9~~361,~~100 335,777 11 335,766 COMPUTER SCIENCES CORP Common 205363104 35,143 766,472 260,639 505,833 CONOCOPHILLIPS Common 20825C104 95,487 885,455 237,343 648,112~~060

Page 3 of 9 FORM 13F (SEC USE ONLY) Name of Reporting Manager Todd Investment Advisors

Item 6: ~~Investment Discretion~~ Item 2: Item 4: Item 5: ~~--------------------------~~Investment ~~Item~~Discretion 8: Title Item 3: Fair Shares of (b) Shared- Item 7: ~~Voting~~Item ~~Authority~~8: ~~( Shares)~~ Item 1: of CUSIP Market Principal ~~(a) Sole~~ As Defined ~~Shared~~Shares Managers ~~----------------------------~~Voting Authority ( Shares) Name of Issuer Class Number Value Amount (a) Sole in Inst. V Other See Inst. V (a) Sole (b) Shared (c) None ------------------------- ------- --------- --------- --------- -------- ---------- -------- ----------- -------- ---------- --------- COMPUTER ASSOC INTL INC 204912109 9,227 335,777 11 335,766 COMPUTER SCIENCES CORP 205363104 34,261 784,007 277,774 506,233 CONOCOPHILLIPS 20825C104 98,089 1,706,192 420,258 1,285,934 DEERE & CO ~~Common~~ 244199105 2533,~~750~~805 ~~383~~516,~~585~~187 ~~145~~152,~~170~~562 ~~238~~363,~~415~~625 ~~418,879~~ DISNEY WALT CO ~~Common~~ 254687106 ~~1,027~~877 3534,~~760~~810 3130,~~160~~210 4,600 DOMINION RES INC VA NEW ~~Common~~ 25746U109 4950,~~962~~343 ~~671~~685,~~259~~970 ~~215~~228,~~504~~835 ~~455~~457,~~755~~135 DOVER CORP ~~Common~~ 260003108 ~~702~~676 18,580 10,180 8,400 DOW CHEM CO ~~Common~~ 260543103 2825,~~425~~861 ~~570~~580,~~219~~750 ~~241~~251,~~182~~413 329,~~037~~337 DU PONT E I DE NEMOURS & ~~Common~~ 263534109 1,~~429~~165 27,~~892~~077 23,~~950~~135 3,942 DUKE ENERGY CORP ~~Common~~ 264399106 1415,~~901~~816 532,000 0 532,000 DUKE REALTY CORP ~~Common~~ 264411505 ~~949~~1,002 31,~~780~~660 8,~~270~~150 23,510 EMERSON ELEC CO ~~Common~~ 291011104 3938,~~758~~983 ~~612~~622,~~320~~436 ~~170~~180,~~520~~426 ~~441~~442,~~800~~010 ENGELHARD CORP ~~Common~~ 292845104 87,~~261~~854 275,100 1,500 273,600 EQUITY OFFICE PROPERTIES ~~Common~~ 294741103 45,~~184~~282 ~~138~~159,~~855~~582 ~~120~~141,~~388~~835 1817,~~467~~747 EQUITY RESIDENTIAL ~~Common~~ 29476L107 45,~~663~~796 ~~144~~157,~~769~~424 ~~134~~146,~~529~~934 10,~~240~~490 EXXON MOBIL CORP ~~Common~~ 30231G102 8,~~604~~072 ~~144~~140,~~355~~456 5147,~~092~~303 93,~~263~~153 ~~FEDERAL REALTY INVT TR Common 313747206 7~~337,~~978 165,000 0 165,000 FIRST DATA CORP Common 319963104 35,076 892,299 283,701 608,598 FIRST INDUSTRIAL REALTY Common 32054K103 3,879 102,540 86,690 15,850~~109

Page 4 of 9 FORM 13F (SEC USE ONLY) Name of Reporting Manager Todd Investment Advisors

Item 6: Item 8: Investment Discretion Voting Authority (Shares) Item 2: Item 4: Item 5: ~~-------------------------- Item 8:~~ Title Item 3: Fair Shares of (b) Shared- Item 7: ~~Voting Authority ( Shares)~~ Item 1: of CUSIP Market Principal ~~(a) Sole~~ As Defined ~~Shared~~Share- Managers ~~----------------------------~~ Name of Issuer Class Number Value Amount (a) Sole in Inst. V Other See Inst. V (a) Sole (b) Shared (c) None ------------------------- ------- --------- --------- --------- -------- ---------- -------- ----------- -------- ---------- --------- FEDERAL REALTY INVT TR 313747206 9,735 165,000 0 165,000 FIRST DATA CORP 319963104 37,092 924,061 315,493 608,568 FIRST INDUSTRIAL REALTY 32054K103 4,389 109,990 93,900 16,090 FLEXTRONICS INTL LTD ~~Common~~ Y2573F102 1,~~134~~219 9492,~~148~~308 8078,~~010~~170 14,138 FORD MTR CO DEL ~~Common~~ 345370860 ~~4,995~~300 ~~440,875~~ 29,~~775~~335 ~~411~~25,~~100~~435 ~~215~~3,~~927~~900 GANNETT INC ~~Common~~ 364730101 1615,~~686~~008 211,000 0 211,000 GENERAL ELEC CO ~~Common~~ 369604103 7473,~~768~~067 2,~~073~~108,~~444~~705 ~~661~~694,~~247~~673 1,~~412~~414,~~197~~032 GENERAL MTRS CORP ~~Common~~ 370442105 2,~~318~~297 7867,~~860~~560 7867,~~860~~560 0 HEINZ H J CO ~~Common~~ 423074103 10,~~756~~341 291,~~970~~940 4,~~220~~190 287,750 HERSHEY ~~FOODS~~CO ~~CORP Common~~ 427866108 ~~242~~248 4,000 0 4,000 HEWLETT PACKARD CO ~~Common~~ 428236103 2224,~~426~~009 1,~~022~~021,~~165~~215 4443,~~240~~290 977,925 ~~HILLENBRAND INDS INC Common 431573104 200 3,612 500 3,112~~ HOME DEPOT INC ~~Common~~ 437076102 3435,~~534~~828 ~~903~~921,~~083~~022 ~~330~~347,~~313~~792 ~~572~~573,~~770~~230 HONDA MOTOR LTD ~~Common~~ 438128308 67,~~868~~466 ~~274~~303,~~279~~359 ~~256~~285,~~894~~424 17,~~385~~935 HONEYWELL INTL INC ~~Common~~ 438516106 1,~~990~~915 5352,~~477~~267 3837,~~447~~237 15,030 HSBC HLDGS PLC ~~Common~~ 404280406 10,~~620~~653 133,750 0 133,750 INTEL CORP ~~Common~~ 458140100 ~~948~~1,018 4039,~~800~~140 3028,~~260~~600 10,540 ~~INTERNATIONAL BUSINESS M Common 459200101 2~~234,~~593 28,376 20,360 8,016 INTL PAPER CO Common 460146103 5,708 155,164 164 155,000~~585

Page 5 of 9 FORM 13F (SEC USE ONLY) Name of Reporting Manager Todd Investment Advisors

Item 6: Item 8: Investment Discretion Voting Authority ( Shares) Item 2: Item 4: Item 5: ~~--------------------------~~ Item 81: Title Item 3: Fair Shares of (b) Shared- Item 7: ~~Voting~~Name ~~Authority~~of (Issuer ~~Shares) Item 1:~~ of CUSIP Market Principal ~~(a) Sole~~ As Defined Shared Managers ~~---------------------------- Name of Issuer~~ Class Number Value Amount (a) Sole in Inst. V Other See Inst. V (a) Sole (b) Shared (c) None ------------------------- ------- --------- --------- --------- -------- ----------- ------- ----------- -------- ---------- -------- ~~JEFFERSON~~INTERNATIONAL ~~PILOT~~BUSINESS ~~CORP~~M ~~Common~~459200101 ~~475070108 12~~2,~~591~~048 ~~256~~27,~~705~~605 9219,~~915~~589 ~~163~~8,~~790~~016 ~~JOHNSON~~INTL &PAPER ~~JOHNSON~~CO ~~Common~~460146103 ~~478160104~~ 4,~~248~~688 63155,~~250~~164 ~~28,440~~164 34155,~~810~~000 ~~JPMORGAN~~ISHARES &TR ~~CHASE~~464287200 ~~& CO Common 46625H100 22~~1,~~929~~565 ~~662~~13,~~699~~140 4013,~~263~~140 ~~622,436~~0 ~~230,425~~ISHARES ~~KENTUCKY~~TR ~~BANCSHARES~~1-3 ~~INC~~YR ~~Common~~TRS ~~491203105~~BD ~~248~~464287457 81,~~400~~137 814,~~400~~000 14,000 0 ~~KERR~~ISHARES ~~MCGEE~~TR ~~CORP~~7-10 ~~Common~~YR ~~492386107~~TRS ~~36,324~~BD ~~463,728~~464287440 ~~140~~87 1,~~998~~000 ~~322~~1,~~730~~000 ~~KEYSPAN~~0 ~~CORP~~ISHARES ~~Common~~TR ~~49337W100~~MSCI ~~42,141~~EAFE 1IDX 464287465 2,~~081,366~~154 ~~309~~41,~~476~~110 ~~771~~41,~~890~~110 ~~KIMBERLY~~0 ~~CLARK~~ISHARES ~~CORP~~TR ~~Common~~RUSSELL1000VAL ~~494368103~~464287598 ~~78,445~~334 15,~~193,448~~018 ~~339~~5,~~068~~018 ~~854,380~~0 ~~KOHLS~~ISHARES ~~CORP~~TR ~~Common~~S&P ~~500255104~~MIDCP 18GROW 464287606 900 12,~~081~~960 ~~350~~12,~~200~~960 0 ~~350,200~~ISHARES ~~LEXMARK~~TR ~~INTL~~S&P CLMIDCP AVALU ~~Common~~464287705 ~~529771107~~2,455 ~~798 9~~36,~~980~~780 936,~~980~~780 0 ~~LILLY~~ISHARES ~~ELI~~TR S&P COSMLCP ~~Common~~GROW ~~532457108~~464287887 ~~243~~431 43,~~670~~950 43,~~670~~950 0 ~~MACK~~ISHARES ~~CALI~~TR ~~RLTY~~S&P ~~CORP~~SMLCP ~~Common~~VALU ~~554489104~~464287879 2,~~094~~047 4933,~~445~~220 4733,~~895~~220 ~~1,550~~0 ~~MBIA~~ISHARES ~~INC~~TR ~~Common~~S&P500/BAR ~~55262C100~~GRW ~~7,656~~464287309 ~~146~~3,~~441~~176 1256,~~929~~210 ~~133~~56,~~512~~210 ~~MBNA~~0 ~~CORP~~ISHARES ~~Common~~TR ~~55262L100~~S&P500/BAR ~~45,970~~VAL 1464287408 7,~~872,495~~084 ~~603~~113,~~503~~630 1113,~~268,992~~630 ~~MCDONALDS~~0 ~~CORP~~JEFFERSON ~~Common~~PILOT ~~580135101~~CORP 20475070108 13,~~791~~388 ~~667~~265,~~655~~535 ~~168~~101,~~405~~565 ~~499~~163,~~250~~970 ~~MCKESSON~~JOHNSON ~~CORP~~& ~~Common~~JOHNSON ~~58155Q103~~478160104 214,~~239~~098 ~~562~~63,~~613~~041 ~~263~~28,~~473~~231 ~~299~~34,~~140~~810 ~~MEDCO~~JPMORGAN ~~HEALTH~~& ~~SOLUTIONS~~CHASE I& ~~Common~~CO ~~58405U102~~46625H100 323,~~441~~377 69661,~~420~~849 1238,~~889~~871 56622,~~531~~978 68,969

Page 6 of 9 FORM 13F (SEC USE ONLY) Name of Reporting Manager Todd Investment Advisors

Item 6: Investment Discretion Item 2: Item 4: Item 5: ~~-------------------------- Item 8:~~ Title Item 3: Fair Shares of (b) Shared- Item 7: ~~Voting~~Item ~~Authority~~8: ~~( Shares)~~ Item 1: of CUSIP Market Principal ~~(a) Sole~~ As Defined Shared Managers ~~----------------------------~~Voting Authority ( Shares) Name of Issuer Class Number Value Amount (a) Sole in Inst. ~~Other~~V other See Inst. V (a) Sole (b) Shared (c) None ------------------------- ------- --------- --------- --------- -------- ---------- -------- ----------- -------- ---------- --------- ~~MERCK~~KENTUCKY &BANCSHARES CO INC ~~Common~~491203105 ~~589331107~~250 28,~~901~~400 898,~~613~~400 ~~83,000~~0 ~~6,613~~KERR ~~MGIC~~MCGEE ~~INVT~~ CORP ~~WIS~~492386107 ~~Common 552848103 33~~24,~~585~~087 ~~544~~315,~~596~~649 ~~206~~1,~~446~~349 ~~338~~314,~~150~~300 ~~MICROSOFT~~KEYSPAN CORP ~~Common~~49337W100 ~~594918104 75~~44,~~943~~758 31,~~142~~099,~~036~~711 ~~887~~327,~~966~~361 2772,~~254,070~~350 ~~NATIONAL~~KIMBERLY ~~CITY~~CLARK CORP ~~Common~~494368103 ~~635405103 2,528~~ 75,~~459~~835 71,~~200~~211,617 68356,~~259~~747 ~~392~~854,~~428~~870 ~~NEENAH~~KINDER ~~PAPER~~MORGAN INC ~~Common~~KANS ~~640079109~~49455P101 ~~839~~201 242,~~941~~410 ~~32 24~~2,~~909~~410 ~~NORFOLK~~0 ~~SOUTHERN~~KOHLS CORP ~~Common~~500255104 ~~655844108 421 11~~19,~~358~~580 3350,~~775~~200 70 350,~~583~~200 ~~ORACLE~~LEXMARK ~~CORP~~INTL ~~Common~~CL ~~68389X105~~A ~~5,099~~529771107 ~~408,575~~647 ~~389~~9,~~185~~980 199,~~390~~980 ~~PEPSICO~~0 ~~INC~~LILLY ~~Common~~ELI ~~713448108~~& ~~2,125~~CO ~~40,065~~532457108 38263 4,~~765~~716 14,~~300~~716 ~~PFIZER~~0 ~~INC~~MACK ~~Common~~CALI ~~717081103~~RLTY 42CORP 554489104 2,~~394~~240 149,~~613,788~~445 ~~426~~47,~~878~~895 1,~~186,910~~550 ~~PNC~~MARATHON ~~FINL~~OIL ~~SVCS~~CORP ~~GROUP~~565849106 ~~INC Common 693475105 8~~14,~~663~~785 ~~168~~277,~~275~~026 ~~154~~262,~~801~~986 1314,~~474~~040 ~~PRAXAIR~~MBIA INC ~~Common~~55262C100 ~~74005P104~~8,672 ~~224~~146,221 412,~~680~~709 4133,~~680~~512 0MBNA ~~PROCTER~~CORP &55262L100 ~~GAMBLE CO Common 742718109 2~~50,~~957~~137 551,~~793~~916,571 28646,~~497~~509 271,~~296~~270,062 ~~RAYTHEON~~MCDONALDS COCORP ~~Common~~580135101 ~~755111507~~18,952 9682,~~938~~972 ~~256~~183,~~800~~112 ~~100 256~~499,~~700~~860 ~~REGIONS~~MCKESSON ~~FINANCIAL~~ CORP N58155Q103 ~~Common~~24,586 ~~7591EP100 17~~548,~~480~~913 ~~539~~249,~~520~~773 ~~0 539~~299,~~520~~140 ~~REYNOLDS~~MEDCO ~~AMERICAN~~HEALTH ~~INC~~SOLUTIONS ~~Common~~I ~~761713106~~58405U102 ~~935~~3,771 1170,~~600~~680 1114,~~600~~149 056,531 ~~ROYAL~~MERCK ~~DUTCH~~& ~~PETE~~ CO ~~Common~~INC ~~780257804~~589331107 372,~~757~~469 ~~628~~80,~~864~~169 ~~300~~75,656 ~~628~~4,~~564~~513 291,233

Page 7 of 9 FORM 13F (SEC USE ONLY) Name of Reporting Manager Todd Investment Advisors

Item 6: Investment Discretion Item 2: Item 4: Item 5: ~~--------------------------~~ Item 8: Title Item 3: Fair Shares of (b) Shared- Item 7: Voting Authority ( Shares) Item 1: of CUSIP Market Principal ~~(a) Sole~~ As Defined Shared- Managers ~~----------------------------~~ Name of Issuer Class Number Value Amount (a) Sole in Inst. V Other See Inst. V (a) Sole (b) Shared (c) None ------------------------- ------- --------- --------- --------- -------- ---------- -------- ----------- -------- ---------- --------- SMGIC YINVT ~~BANCORP~~CORP ~~INC~~WIS ~~Common~~552848103 ~~785060104~~36,258 ~~786~~555,939 35216,~~748~~854 35339,~~748~~085 0MICROSOFT ~~SARA LEE~~ CORP ~~Common~~594918104 ~~803111103~~79,461 ~~955 43~~3,~~090~~198,895 10943,~~920~~405 322,~~170~~255,490 ~~SBC~~NATIONAL ~~COMMUNICATIONS~~CITY ~~INC~~CORP ~~Common~~635405103 ~~78387G103 36~~2,~~727~~575 175,~~550,316~~459 ~~499~~7,~~841~~200 168,~~050,475~~259 ~~SCHERING~~NEENAH ~~PLOUGH~~PAPER ~~CORP~~INC ~~Common~~640079109 ~~806605101~~772 ~~418 23~~24,~~040~~941 ~~2,540~~32 2024,~~500~~909 ~~SCHLUMBERGER~~NORFOLK ~~LTD~~SOUTHERN ~~Common~~CORP ~~806857108~~655844108 ~~7,224~~352 ~~102~~11,~~500~~358 23,~~000~~775 ~~100~~7,~~500~~583 ~~174,942~~ORACLE ~~SHERWIN~~CORP ~~WILLIAMS~~68389X105 CO5,832 ~~Common~~441,826 ~~824348106 264 6~~421,~~000~~726 ~~0 6~~20,~~000~~100 ~~SIMON~~PEPSICO ~~PPTY GROUP~~ INC ~~NEW~~713448108 ~~Common 828806109 3~~2,~~193~~304 5242,~~700~~727 3941,~~100~~427 131,~~600~~300 ~~SOUTHERN~~PFIZER COINC ~~Common~~717081103 ~~842587107~~45,756 ~~483~~1,659,025 15457,~~170~~185 ~~870 14~~1,~~300~~201,840 ~~STATE~~PNC ~~STR~~FINL ~~CORP~~SVCS ~~Common~~GROUP ~~857477103~~INC ~~437~~693475105 109,~~000~~704 2178,~~300~~180 7164,~~700~~456 ~~SUNGARD~~13,724 ~~DATA~~PRAXAIR ~~SYS~~ INC ~~Common~~74005P104 ~~867363103~~218 264,~~387~~680 ~~764~~4,~~830~~680 ~~151,980~~0 ~~612,850~~PROCTER ~~TARGET~~& ~~CORP~~GAMBLE ~~Common~~CO ~~87612E110~~742718109 842,~~262~~902 155,~~684,559~~021 ~~406~~27,~~874~~725 127,~~277,685~~296 ~~TEXAS~~RAYTHEON ~~INSTRS~~CO ~~INC~~755111507 ~~Common 882508104 21~~10,~~339~~049 ~~837~~256,~~158~~888 ~~208,708~~188 ~~628~~256,~~450~~700 ~~UNION~~REGIONS ~~PAC~~FINANCIAL CORP ~~Common~~N ~~907818108~~7591EP100 3118,~~666~~279 ~~454~~539,~~322~~520 ~~191,242~~0 ~~263~~539,~~080~~520 ~~UNITED~~REYNOLDS ~~TECHNOLOGIES~~AMERICAN ~~CORP~~INC ~~Common~~761713106 ~~913017109~~883 7211,~~051~~210 ~~708~~11,~~745~~210 ~~225,192~~0 ~~483,553~~ROYAL ~~UNITEDHEALTH~~DUTCH ~~GROUP~~PETE ~~INC~~CO ~~Common~~780257804 ~~91324P102 23~~40,~~845~~714 ~~250~~627,~~000~~334 0300 ~~250~~627,~~000~~034 ~~UNOCAL~~S ~~CORP~~Y ~~Common~~BANCORP ~~915289102~~INC ~~30,854~~785060104 ~~500~~817 35,~~145~~748 ~~113~~35,~~445~~748 ~~386~~0 256,~~700~~876

Page 8 of 9 FORM 13F (SEC USE ONLY) Name of Reporting Manager Todd Investment Advisors

Item 6: Investment Discretion Item 8: Item 2: Item 4: Item 5: ~~--------------------------~~Voting Authority ( Shares) Item 81: Title Item 3: Fair Shares of (b) Shared- Item 7: ~~Voting~~Name ~~Authority~~of (Issuer ~~Shares) Item 1:~~ of CUSIP Market Principal ~~(a) Sole~~ As Defined Shared- Managers ~~---------------------------- Name of Issuer~~ Class Number Value Amount (a) Sole in Inst. V Other See Inst. V (a) Sole (b) Shared (c) None ------------------------- ------- --------- --------- --------- -------- ---------- -------- ----------- -------- ---------- --------- USSARA ~~BANCORP~~LEE ~~DEL~~CORP ~~Common~~803111103 ~~902973304~~854 ~~795 27~~43,~~588~~090 1210,~~470~~920 1532,~~118~~170 ~~UST~~SBC COMMUNICATIONS INC ~~Common~~78387G103 ~~902911106~~37,353 21,~~010~~572,748 38521,~~870~~697 1,051,051 SCHERING PLOUGH CORP 806605101 440 23,~~720~~090 152,~~150~~590 ~~VERIZON~~20,500 ~~COMMUNICATIONS~~SCHLUMBERGER ~~Common~~LTD ~~92343V104~~806857108 507,~~478~~689 1101,~~421~~250 750 100,~~905~~500 ~~374~~SHERWIN WILLIAMS CO 824348106 283 6,~~241~~000 10 6,~~047,664~~000 ~~WACHOVIA~~SIMON ~~CORP~~PPTY ~~2ND~~GROUP INC NEW ~~Common~~828806109 ~~929903102~~3,740 5651,~~761~~600 138,~~114~~000 13,~~924~~600 ~~306~~SOUTHERN CO 842587107 522 15,~~254~~060 ~~808~~3,~~670~~060 ~~WAL~~12,000 ~~MART~~STATE ~~STORES~~STR ~~INC~~CORP ~~Common~~857477103 ~~931142103~~483 110,~~762~~000 350 10,~~160~~000 23SUNGARD DATA SYS INC 867363103 25,~~960~~773 11732,~~200~~810 ~~WALGREEN~~119,960 CO612,850 ~~Common~~TARGET ~~931422109~~CORP ~~598~~87612E106 1392,~~460~~245 31,~~500~~695,362 9417,~~960~~567 ~~407~~1,~~185~~277,795 ~~WELLPOINT~~TEXAS INSTRS INC ~~Common~~882508104 ~~94973V107~~24,412 71869,~~900~~694 ~~573~~239,~~597~~744 ~~202~~629,~~602~~950 ~~370~~UNION PAC CORP 907818108 30,~~995~~167 ~~WELLS~~465,538 ~~FARGO~~202,178 &263,360 COUNITED ~~NEW~~TECHNOLOGIES ~~Common~~CORP ~~949746101~~913017109 6472,~~002~~460 1,~~070~~411,~~260~~096 ~~316~~443,~~385~~480 ~~753~~967,~~875~~616 ~~WYETH~~UNITEDHEALTH ~~Common~~GROUP ~~983024100~~INC ~~526~~91324P102 1226,~~465~~070 2500,~~400~~000 100 500,~~065~~000 ~~XCEL~~UNOCAL ~~ENERGY~~CORP ~~INC~~915289102 ~~Common~~400 ~~98389B100~~6,150 ~~851 49~~1,~~540~~950 494,~~540~~200 0US ~~137~~BANCORP DEL 902973304 478 16,~~279~~368 28,~~218~~200 8,~~656~~168 323,369

Page 9 of 9 FORM 13F (SEC USE ONLY) Name of Reporting Manager Todd Investment Advisors

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